Full text of Treasury Bulletin : February 1967
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
^.^
LIBRARY
TREASURY DEPARTMENT
LIBRARY
ponvi 5oc^o
JUN
9.
^ 1972
TREASURY DEPARTIVIENT
L
I
POSTAGE AND FEES PAID
TREASURY DEPARTMENT
Treasury Department
U.S.
FISCAL SERVICE, BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
WASHINGTON,
D.C.
20226
OFFICIAL BUSINESS
BUY
AND
HOLD
UNITED
S
TAT
E S
SAVINGS
BONDS
mm^mwmf^:M^m^-^-mm
i:
FEBRUARY
^^fl|||ll
timh]
iiiiiiiii
iLiii^
li
li
E
yi
r^^ffli;,,!
1967
i 1 ^
mil
ii»
mill
':
The Treasury Bulletin is for sale by the
Superintendent of Documents,
U. S. Government Printing Office, Washington, D.C, 20^.02
Subscription per year $8.50 domestic, $11.00 foreign.
Single copy price varies.
ibruary
1967
Table of Contents
Page
Treasury financing operations
IV
Summary of Federal fiscal operations
1
Administrative budget receipts and expenditures..
2
Trust and other transactions
10
Consolidated cash transactions
21
Account of the Treasurer of the United States....
2$
Monetary statistics
28
Debt outstanding
29
Statutory debt limitation
34-
Public debt operations
35
United States savings bonds
59
Ownership of Federal securities
65
Treasury survey of ownership of Federal
securities
67
Market quotations on Treasury securities
77
Average yields of long-term bonds
80
International financial statistics
82
Capital movements
86
Corporations and certain other business-type
activities
112
Cumulative table of contents
14-7
Treasury Bulletin
II
Reporting Bases
Data on receipts, expenditures, and debt which appear in
Treasury's "Combined Statement of Receipts, Expenditures
the "Treasury Bulletin" are based largely on two Treasury
and Balances of the United States Government" and for actual
financial reports, the "Daily Statement of the United States
receipts and expenditures in the "Budget of the United States
Treasury" and the "Monthly Statement of Receipts and Expendi-
Government."
tures of the United States Government."
ments are given as sources for individual tables, they are
Their respective reporting bases are
cited by name only.
described below.
Beginning with the final statement for the fiscal year
Where these state-
For other data in the Bulletin, informa-
I960,
the monthly statement reports totals for net budget
receipts and budget expenditures after deduction of certain
interfund transactions which are included in the detail of both
tion on sources or reporting bases is given in connection with
budget receipts and budget expenditures.
the tables themselves.
deducted consist of interest payments and minor amounts
The monthly statement of receipts and expenditures was
first published for February 195A, and replaced the daily
statement as the primary source of information on budget
results and other receipt and expenditure data classified by
The transactions
of certain other payments made by Government agencies to
the Treasury.
This reporting change was made in accordance
with the plan stated in the President's Budget Message of
January 18, I960.
It does not affect the svirplus or deficit.
At the same time, the daily statement was
Figures for earlier periods shown in the Treasury Bulletin
changed to a statement of cash deposits and withdrawals
were revised to the new reporting basis in the September I960
type of account.
affecting the accoimt of the Treasurer of the United States.
issue.
Both publications have provided comparative figures on their
respective bases from the beginning of the fiscal year 1953.
dure do not include payments to the Treasury by wholly owned
Government corporations for retirement of their capital stock
The announcement of February 17, 195A, with respect to these
and for disposition of earnings.
reporting changes may be found in the April
have been excluded currently from budget receipts and budget
19%
issue of the
Bulletin.
The interfund transactions deducted under this proce-
expenditures beginning July
The monthly statement shows all receipts and expenditures
of the Government, including those made from cash accounts held
outside the United States Treasury.
The information is com-
shown,
the agencies during the reporting period.
transactions as compiled from these reports
in the
The net of the
is
reconciled
monthly statement to changes in the balance in the
Treasurer's account and in cash held outside the Treasurer's
account and changes in the public debt outstanding.
Receipts of taxes and customs duties are reported on a
collections basis.
Other receipts are reported partially
on a collections basis and partially on a deposits basis.
Expenditures, except interest on the public debt, are reported on the basis of checks issued or cash payments made
by disbursing officers.
Transactions of an interfund or
intragovernmental nature are included on the same basis
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 fiscal
year 1955.
Prior to that, it was included on a due and
The same reporting basis as that in the
payable basis.
monthly statement provides the fiscal year figures
for the
at
The daily statement on the new basis was first issued
for February 17, 195^.
These reports cover transactions recorded in the accounts of
and figures for prior
that time.
all other collecting and disbursing agencies,
agencies which maintain checking accounts in commercial banks.
ig-iS,
fiscal years back through 1932 were revised accordingly
piled from reports by the Treasurer of the United States and by
including those
1,
These capital transfers
In the deposits and withdrawals as
no distinction is made as to the type of accounts
(budget, trust, etc.).
The deposits are on the basis of
certificates of deposit cleared through the account of the
Treasurer of the United States.
Total withdrawals are on
the basis of checks paid or cash disbursements made out of
the Treasurer's account.
Some of the withdrawal classi-
fications shown are reported on the basis of mailed reports
of checks issued and are adjusted by means of clearing accounts
to the total of checks paid.
Except for relatively minor
amounts, noncash interfund and other intraeovernmental trans-
actions are excluded.
The public debt figures in the daily
statement also are on a "clearance" basis, with the exception
of those issuance and retirement transactions reported on the
basis of telegrams from Federal Reserve banks.
noncash debt transactions are included.
However,
The daily statement before February 17, 195,i, covered
not only transactions cleared through the Treasurer's
account
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
daily state-
February 1967
III
Reporting Bases
ment with respect to the status of the Treasurer'
s
account,
-
(Continued)
Treasurer of the United States.
Beginning with 1947, expendi-
and similar to that in the present end-of-month daily state-
tures made through the facilities of the Treasury Department's
ment with respect to debt issuance, retirement, and amount
Division of Disbursement were on the basis of checks issued,
Receipts and expenditures were classified by type
while certain others, principally those of the Department
of account, and the budget results shown in the daily statement
of Defense and its predecessor organizations, were on the
outstanding.
were used as the basis for reflecting the results under the
President'
s
budget program as enacted by the Congress.
Receipts were on the basis of deposits as they cleared
the Treasurer's account.
Expenditures cleared through the
basis of checks paid.
Transactions handled through com-
mercial bank accounts, consisting of market transactions
in public debt and guaranteed securities, were as reported
by the agencies.
Interest on the public debt was included
Treasurer's account were reported on two successive bases.
on a due and payable basis beginning with November
Through 19'+6 they were on the basis of checks paid by the
and on a checks-paid basis prior to that time.
^ote:
Details of figures may not add to totals because of roiinding.
194-9
Treasury Bulletin
IV
ji
Treasury Financing Operations
February Financing
On January 25 the Treasury announced an offering for cash
Subscriptions were received without deposit from bankinj
of $5.5 billion, or thereabouts, of 4.-3A percent Treasury
institutions for their own account. Federally-insured sayingJ
Notes of Series B-1968, dated February 15, 1967, due May 15,
and loan associations, States, political subdivisions
ions
1968, at a price of 99.875 (to yield about
4-.
85 percent) and
01
oi
instrumentalities thereof, public pension and retirement
nent anJ
$2 billion, or thereabouts, of 4.-3A percent Treasury Notes of
other public funds, International organizations in whlich
Series A-1972, dated February 15, 1967, due February 15, 1972,
United States holds membership, foreign central banks am'
at a price of 99.625 (to yield about 4.84- percent).
The
proceeds were to be used to pay off in cash the 3-5/8 percent
Subscriptions
thi'
foreign States, dealers who make primary markets in Governmen
securities and report daily to the Federal Reserve Bank
of
Ne\-
York their positions with respect to Government securities
ancj
totaled $19,915 million for the notes of Series B-1968 of which
borrowings thereon, Government investment accounts, and
th(
$5,586 million were accepted and $22,135 million for the notes
Federal Reserve Banks.
of Series A-1972 of which $2,006 million were accepted.
to be accompanied by payment of 2 percent (in cash or in
and
/^
percent notes maturing February 15, 1967.
The
subscription books were open only on Monday, January 30.
Interest is payable on the notes of Series B-1968 on May
15 and November 15, 1967, and May 15, 1968, and on the notes
of Series A-1972 semiannually on February 15 and August 15.
The notes are not subject to call for redemption prior to
maturity.
Bearer notes, with interest coupons attached, and
notes registered as to principal and interest were authorized
to be issued in
denominations of $1,000, $5,000, $10,000,
$100,000, $1,000,000, $100,000,000, and $500,000,000.
Subscriptions were received subject to allotment and
were payable in cash or in the Treasury notes maturing February
15,
1967, which were accepted at par, in payment or exchange,
in whole or in part.
Payment was required to be made or
completed on or before February 15, 1967, the delivery date
of the new notes.
Payment by credit in Treasury tax and loan
accounts was not permitted.
All other subscriptions were requirei
notes applied for, not subject to withdrawal until
o;:
aftei-
allotment.
Subscribers requesting registered notes were required
furnish appropriate identifying numbers as required on
tc*
tax;
returns and other documents submitted to the Internal Revenue
Service.
All subscribers were required to agree not to purchase;
or to sell,
or to make any agreements with respect to the
purchase or sale or other disposition of any of the
notes,
specific rate or price, until
after;
subscribed for at
a
midnight January 30, 1967.
Commercial banks In submitting subscriptions were require'
to certify that they had no beneficial interest in any of th
subscriptions they entered for the account of their customers:
and that their customers had no beneficial interest in
Coupons dated February 15, 1967, on the maturing notes
th(]
maturing notes, which were accepted at par) of the amount
banks' subscriptions for their own account.
th(_
They were require.'
in bearer form submitted in payment for the new notes, were
to certify also that they had not made unsecured loans,
to be detached by holders and cashed when due.
oi
In the case
loans collateralized In whole or in part by the notes sub-
of registered notes submitted in payment, the final interest
scribed for, to cover amounts required to be paid when sub-
due on February 15,
scriptions were entered.
1967, was paid by issuance of interest
checks in regular course to holders of record on January 13,
1967, the date the transfer books closed.
Commercial banks could submit subscriptions for account of
their customers provided the names of the customers were set
forth in such subscriptions.
Others than commercial banks were
not permitted to enter subscriptions except for their own
account.
Commercial banks' subscriptions for their own
account, were restricted in each case to an amount not exceeding 50 percent of the combined capital (not including
capital notes or debentures), surplus, and undivided profits
of the subscribing bank.
February 1967
Treasury Financing Operations
for purchase for value at 4:00 p.m.,
January 25, 1967.
Such subscribers were also permitted
allotments.
On subscriptions for the notes of Series B-1968 received
those up to $100,000 were allotted in
Other subscriptions were allotted 10 percent with a
full.
minimum allotment of $100,000 per subscription.
Subscriptions
subject to allotment totaled $9,886 million from commercial
banks for their own account and $6,354 million from all others.
On subscriptions for the notes of Series A-1972 received
subject to allotment,
those up to $50,000 were allotted in
Other subscriptions were allotted 7 percent with a
full.
minimum allotment of $50,000 per subscription.
Subscriptions
subject to allotment totaled $10,022 million from commercial
banks for their own account and $11,866 million from all
others.
9-Month and One-Year Bills
On January 18 tenders were invited for $500 million, or
thereabouts, of 273-day Treasury bills, representing an
additional amount of bills dated October 31, 1966, maturing
October 31, 1967, to be issued January 31, 1967, and for $900
million, or thereabouts, of 365-day Treasury bills, to be dated
January 31, 1967.
These issues were to refund $1 billion of
bills maturing January 31 and to raise $400 million cash.
Tenders were opened on January 24.
Tenders received for the 273-day bills totaled $1,316
million, of which $501 million were accepted, including $17
million of noncompetitive tenders.
The average bank discount
rate was 4-656 percent.
Tenders received for the 365-day bills totaled $1,508
million, of which $901 million were accepted, including $40
million of noncompetitive tenders.
rate was 4.577 percent.
13-Week and 26-Week Bills
(Continued)
eastern stanciard time,
to enter additional subscriptions subject to percentage
subject to allotment,
-
The average bank discount
13 -week
(Additional amount of bills of
original maturity of 26 weeks)
Treasury Bulletin
VI
Treasury Financing Operations- (Continued)
dated January 3, 1967, and matures November 1, 1968; anothe
is denominated in Italian lire equivalent to $125 million^
Foreign Series and Foreign Currency Series
No foreign series securities vere issued in January.
Redemptions for the month totaled $165 million
certificates.
—
bears interest of 4.57 percent, is dated January 30, 1967, an
all for
matures July 30, 1968; the other two notes are denominated
At the end of January, foreign series securities
outstanding totaled $/^28 million.
Swiss francs equivalent to $52 million, one bears interest a
4.93 percent, is dated January 3, 1967, and matures April 3
Foreign currency series securities issued in January
consisted of one certificate of indebtedness equivalent to $92
million and four notes equivalent to $227 million.
i
The
certificate is denominated in Swiss francs, bears interest of
1968, and the other bears interest at 4.65 percent, is date)
January 27, 1967, and matures May 27, 1968.
Redemptions
the month totaled an equivalent of $320 million.
At the
fo;
en-
4.74 percent, is dated January 26, 1967, and matures April 26,
of January foreign currency series securities outstandin.
totaled the equivalent of $860 million, and were denominate
Of the notes, one is denominated in German marks
in Austrian schillings, Belgian francs, German marks, Italia,
1967.
equivalent to $50 mdllion, bears interest of 4.87 percent, is
1
lire and Swiss francs.
J
Note:
Details of Treasury market financing operations are shown
elsewhere in tables on public debt operations.
FebTuary
1967
SUMMARY OF FEDERAL
FISCAL OPERATIONS
(in milliona of dollars)
Administrative budget
receipts and expenditures
Period
receipts
Net
expenditures
Surplus
or
deficit
Net
trust
and other
transactions
1/
Clearing
account,
etc. 2/
Net
increase in
Treasurer' s
account
balance, or
decrease {-)
(-)
{-)
Fiscal years
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
Net
increase
in
public
debt, or
decrease
Levels, end of period
Balance in
account of
Treasurer
of United
States
Debt outstanding
Public
debt
Guaranteed
securities
Total
Federal
securities
Subject to
limitation
3/
;
36,4^'2
47,480
61,287
64,671
64,420
60,209
67,850
70,562
68,550
67,915
77,763
77,659
81,409
86,376
89,459
93,072
104,727
39,544
43,970
65,303
74,120
67,537
64,389
66,224
68,966
71,369
80,342
76,539
81,515
87,787
92,642
97,684
96,507
106,978
-3,122
3,510
-4,017
-9,449
-3,117
-4,180
1,626
1,596
-2,819
-12,427
1,224
-3,856
-6,378
-6,266
-8,226
-3,435
-2,251
679
147
435
328
231
-194
195
633
-329
-50
-602
436
97
551
426
503
126,729
-35
284,817
286,471
289,211
298,645
306,466
312,526
317,864
320,369
521
550
327,300
335,400
327,070
335,200
24
104
109
127
156
330
518
742
809
455
495
256,731
259,461
267, 4A5
275,244
278,734
230,322
276,731
275,002
283,031
290,925
290,373
296,499
303,988
310,039
318,750
321,359
329,814
256,026
258,794
266,821
274,671
278,256
230,348
276,276
274,564
282,607
290,513
289,971
296,061
303,616
309,724
318,464
321,078
329,548
317,983
319,883
317,697
316,557
319,218
317,274
664
693
719
657
606
590
313,646
320,575
318,416
317,213
319,823
317,864
318,361
320,290
318,131
316,929
319,540
317,581
8,486
7,627
8,637
5,786
6,759
6,582
316,582
318,240
316,748
318,901
321,711
320,904
474
502
522
493
465
455
317,056
313,742
317,270
319,394
322,176
321,359
316,773
318,460
316,988
319,113
321,895
321,078
-1,076
973
-224
453
1,370
4,330
5,506
6,479
6,255
6,708
8,077
12,407
322,003
323,311
320,999
319,533
322,359
319,907
416
435
456
468
466
462
322,419
323,746
321,454
320,051
322,825
320,369
322,138
323,466
321,175
319,772
322,546
320,102
5,141
328
2,140
2,523
-92
-4,613
-850
1,666
-2,194
-1,618
1,213
7,794
6,944
8,610
6,417
4,799
6,011
319,280
324,420
324,748
326,888
329,411
329,319
489
434
502
498
495
495
319,763
324,904
325,250
327,387
329,906
329,814
319,502
324,633
324,984
327,120
329,640
329,548
158
6,170
328,869
501
329,370
329,104
-6,238
6,170
328,869
501
329,370
329,104
-1,088
2,047
1,839
-388
-2,299
2,096
-551
331
-956
4,159
-4,399
2,654
-1,311
3,736
1,686
-1,080
1,575
-203
141
61
6,872
8,070
87
-106
-319
-209
-34
376
-21
-423
2,711
7,973
7,777
3,582
2,019
5,517
.-57,357
7,357
6,969
4,670
6,766
6,216
6,546
5,590
9,749
5,350
8,005
6,694
10,430
12,116
11,036
12,610
12,407
255,222
259,105
266,071
271,260
274,374
272,751
270,527
276,343
284,706
286,331
288,971
298,201
305,860
311,713
317,274
319,907
81
44
74
107
101
111
140
240
444
607
813
590
462
-3,407
9,000
9,000
326,780
334,850
-1,730
8,025
7,875
-581
5,952
7,301
5,877
8,594
2,964
-447
62
1,770
-1,488
603
-635
-117
179
355
622
828
83
1,015
-134
-80
-713
as
-571
4,232
4,295
6,064
4,577
5,180
4,545
4,427
4,606
4,961
5,583
6,411
6,494
7,509
7,375
7,295
6,582
6,011
256,708
259,419
267,391
275,168
278,750
280,769
276,628
274,898
282,922
290,798
290,217
296,169
303,470
309,347
317,940
320,904
329,319
-1,550
2,197
1,289
21
42
1,900
-2,186
-1,140
2,661
-1,944
1,480
1,795
5,745
7,942
9,231
9,336
10,816
12,610
-57
-1,059
933
294
-792
314
-692
1,658
-1,493
2,154
2,810
-807
-4,124
-858
1,010
-2,852
974
-177
116
-585
896
-480
-31
-688
1,099
1,308
-2,312
-1,416
2,777
-2,452
-627
-b
-145
507
448
196
741
-978
1967 (Est.)
1968 (Est.)
116,995
126,937
135,033
-9,734
-8,096
Calendar years :
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
I960
1961
1962
1963
1964
1965
1966
37,235
52,877
64,705
63,654
60,938
63,119
70,616
71,749
68,262
72,738
79,518
78,157
84,709
87,516
88,696
96,679
110,802
37,657
56,236
70,547
72,811
64,622
65,891
66,838
71,157
75,349
79,778
77,565
84,463
91,907
94,188
96,945
101,378
118,078
-422
-3,358
-5,842
-9,157
-3,683
-2,771
3,779
592
-7,088
-7,040
1,953
-6,306
-7,199
-6,672
-8,248
-4,699
-7,276
311
815
-41
101
739
-259
267
1,092
-691
23
-698
234
729
168
151
694
-66
5,642
7,518
11,188
8,549
7,268
13,404
7,676
7,146
8,139
8,268
8,116
9,070
-2,033
64
193
146
3,807
7,350
10,999
3,295
8,106
9,553
7,240
8,990
9,452
8,750
9,105
9,426
-3,434
-1,640
1,548
-5,455
-999
182
-28
156
-45
126
139
6,453
8,335
11,297
9,929
8,452
17,151
8,809
8,156
10,193
8,362
9,055
9,439
-2,356
66
71
88
10,263
11,042
11,883
10,977
10,386
9,512
-4,561
-3,845
-5,165
-2,993
1,093
214
Nov
Deo
5,702
7,197
12,475
5,811
7,394
10,606
56
229
750
-1,857
840
617
-1,204
-18
1967- Jan
9,386
9,987
-601
492
717
-450
58,571
74,050
-15,479
435
-156
8,962
Months
1965-Jan
Feb
20
29
46
256,652
254,567
258,507
265,522
270,790
273,915
272,361
270,183
276,013
234,393
286,065
288,862
293,212
306,099
312,164
317,581
320,102
4,587
-2,135
3,883
6,966
5,189
3,115
-1,623
-2,224
5,816
8,363
1,625
2,640
9,230
7,659
5,853
5,561
2,633
483
-214
-401
-250
-303
284
522
-523
530
224
109
-237
154
204
183
493
-576
328
-1,644
-4,
8,
HI
52
42
54
76
34
53
103
257,377
255,251
259,151
266,123
271,341
274,418
272,825
270,634
276, 4U
:
Mar
Apr
May
Ju^ie
July
Aug
Sept
Oct
Nov
Dec
1966-Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
Oct
Fiscal 1967 to date
372
3,049
280
-848
4,335
179
1,104
1,567
-603
7,712
593
972
-577
-617
59
782
-773
-241
-175
-287
-94
377
-268
279
-8
244
Source:
Actual figures through fiscal year 1952 and calendar year 1953 are
from the daily Treasury statement, and thereafter from the monthly
statement of receipts and expenditures of the Government (for
explanation of reporting bases, see page II); estimates, Including
effect of proposed legislation, are from the 1968 Budget document
released January 24, 1967. More details for data on this page are
shown in succeeding tables.
For detail, see pages 10-14.
1/ Excess of receipts, or expenditures (-).
2/
For checks outstanding and telegraphic reports from Federal Reserve
Banks; public debt interest accrued and unpaid beginning with June and
the fiscal year 1955 (previously included from November 1949 as interest
checks and coupons outstanding); also deposits in transit and changes in
cash held outside the Treasury and in certain other accounts beginning
with the fiscal year 1954. Net increase, or decrease (-).
105
3/
For current month detail, see section on "Statutory Debt Limitation"
The limitations in effect during the
in each Issue of the Bulletin.
periods covered by this table and the date when each became effective
$275 billion on June 26, 1946; $281 billion on August
are as follows:
28, 1954; $278 billion on July 1, 1956; $275 billion on July 1, 1957;
$230 billion on February 26, 1958; $288 billion on September 2, 1958;
$290 billion on June 30, 1959; $295 billion on July 1, 1959; $293
billion on July 1, 1960; $298 billion on July 1, 1961; $300 billion on
March 13, 1962; $308 billion on July 1, 1962; $305 billion on April 1,
1963; $307 billion on May 29, 1963; $309 billion on July 1, 1963; $315
billion on December 1, 1963; $324 billion on June 29, 1964; $328
billion on July 1, 1965; and $330 billion on July 1, 1966.
..
.
..
Treasury Bulletii
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES.
Table
-
1.
Receipts by Principal Sources
t
In millions of dollars
Internal revenue
Employment taxes
Income taxes
Individual
Fiscal year
or month
Withheld
Not
Withheld
Total
Corpoincome
ration
Excise
taxes
taxes
For old-age,
disability,
and hospital
insurance
For railroad retirement
1'
For unemployment
insurance
Total
employment
taxes
336
8,644
8,854
11,159
12,502
12,708
15,004
17,003
17,104
20,256
1958
1959
1960
1961
1962
1963
196i
1965
1966
Oil
11,';;°
29,001
31,675
32,978
36,246
38,719
39,259
36,840
42,811
11,733
13,271
13,175
14,403
14,269
15,331
16,820
18,486
20,533
18,092
22,179
21,765
21,296
22,336
24,301
26,131
30,834
'9,102
58,826
67,125
67,918
71,945
75,324
78,891
79,792
92,132
10,760
11,865
12,064
12,752
13,410
13,950
14,793
13,398
7,733
8,004
10,211
11,586
11,686
13,484
15,558
15.846
19,005
525
607
571
564
572
594
636
684
324
341
345
458
948
851
622
567
1967 (Est.).
1968 (Est.).
49,500
59,200
19,400
21,600
35,200 104,100
34,700 115,500
14,227
14,118
25,360
27,292
747
835
589
597
26,697
423
3,117
2,040
1,320
3,615
2,719
--'7,
1966- Jan
Feb
Mar
Apr
May..
June .
.
.
1,412
5,948 2/
.
3,U0
..
1,082
6,238 2/
4,726
.
July, .
Aug
Sept...
Oct
Nov. .
Dec
2,727
1,038 2/
936
6,259
1,1512/
2,569
3,374
5,095 2/
3,792
3,434
5,155
3,791 2/
2,608
277
1967- Jan....
3,674
3,075
Fiscal 1967
to date
?8,J15
.
351
173 2/
148
427 2/
7,05Q
Less;
Fiscal year
or month
1967 (Est.)
1968 (Est.)
7,730
8,650
1966- Jan...
Feb...
Mar...
Apr...
May..
June..
July..
.
1967- Jan...
2,653
878
606
4,547
797
580
4,636
4,603
5,873
10,947
4,508
5,884
8,853
971
1,249
1,156
1,065
1,212
1,110
1,660
2,500 2/
1,728
1,209
1,755
1,588 2/
13
112
64
10
112
67
2
2
1
1
1
1,793
1,220
1,868
1,655
823
7,572
1,U7
1,582
16
76
1,673
12,868 48,241
7,909
12,022
83
12,498
Other
354
Sept.
Oct...
Nov.
Dec...
1,U9
20
107
64
7,244
2,4iiO
336
12
75
2,5592/
93
466
62
7
4
1,972
1,296
3,5052/
Less:
Total
refunds
Trust ij
accounts
4,413
4,907
5,024
5,725
5,957
6,267
6,817
5,668
6,857
.
751
8,251
1,007
1,038
1,133
921
1,104
Refunds of receipts "^
1958
1959
1960
1961
1962
1963
1964
1965
1966
165
180
193
224
278
269
297
323
18
23
18
25
29
6,795
7,084
9,192
10,537
10,600
12,351
14,335
35
45
465
484
45
45
8,240
9,179
20,592
21,749
-126
607
2,054
1,520
1,312
536
228
28
5
9
218
187
154
206
174
1
35
3?
3
2
U,572
16,474
2,746
3,094
105,925
112,260
114,435
128,880
3,196
3,158
4,064
4,082
3,206
4,436
4,077
4,622
5,865
83,974
83,904
96,962
99,491
103,818
111,602
117,622
120,535
136,556
3,130
3,130
U8,154
2,025
161,472
2,U5
6,781
6,518
156,960
170,135
6,545
11,922
15,066
136
129
168
151
158
172
456
381
467
408
401
1,003
7,137
12,432
15,701
13,072
13,746
20,817
373
6,999
9,161
11,822
158
179
170
170
179
161
740
479
832
7,993
10,586
14,833
7,910
9,819
12,815
10,661
160
502
11,324
70,175
1,177
99, Ul
2,a6
292
207
272
491
328
228
12,
7,463
9,960
14,109
2U
206
196.
204
1,527
Transfers of tax receipts to
363
837
929
953
945
994
1,057
1,082
1,442
2,053
2,U2
862
2,470
3,076
Highway
Trust
Fund Ij
Railroad
Retirement
Accounts
2,026
2,074
2,539
2,708
2,949
3,279
3,519
3,659
3,917
575
525
607
571
564
572
593
4,5U
747
835
4,946
116,995
126,937
12
75
93
465
6
4
73
16
6,453
8,335
11,297
9,929
8,452
17,151
2
539
2,217
221
198
158
212
185
168
1,384
2,092 2/
1,440
1,009
1,461
1,329 2/
138
206 2/
144
100
147
1322/
138
202
144
100
147
127 2/
115
1,035
110
155
340
15
1,258
9,751
976
1,013
2,646
393
161
283
Net
budget
receipts
766
682
1
3
Deduct:
Interfund
transactions
5/
582
590
4
2,9402/
75,281
870
635
4
3
555
561
636
683
5
,
Unemployment
Trust
Fund
iM.1
68,550
67,915
77,763
77,659
81,409
86,376
89,459
93,072
104,727
1
100
182 2/
1,666
1,142
2
5U
13,187
19,642
215
224
2,6U
Federal
Hospital
Insurance
Trust Fund
Total
budget
receipts
800
948
1,123
1,008
1,171
1,241
1,284
1,478
1,811
79,978
79,798
91,775
94,401
107
644
2,057
1,526
1,321
It
Miscellaneous
receipts
Total
internal
revenue
1,411
1,353
1,626
1,916
2,035
2,187
1,674
1
Federal Old- Federal
Age and Sur- Disability
vivors Insur- Insurance
ance Trust
Trust Fund
Fund ij
4,598
5,114
5,238
5,976
6,266
6,571
7,148
6,030
7,256
-171
28,724.
4,822
7,559
11,620
9,781
8,140
15,546
Internal revenue
applicable to
Budget
accounts
Au(?.
682
573
10,81/
Estate
and
gift
taxes
343
453
945
847
615
567
355
694
654
633
513
664
215 2/
155
104
285 2/
216
161
151
50
280
220
309
320
302
286
359
361
20
107
64
1
13
1
49
357
527
354
341
371
356
13
112
64
10
112
67
1
40
1
51
75
62
2
5
31
5,702
7,197
12,475
5,811
7,394
10,606
92
9,386
593
58,571
1
53
1
325
2
Fiscal 1967
to date,
Source:
.
928
292
37
Actual figures are from the monthly statement of receipts and
expenditures of the Government (for explanation of reporting bases,
see page II); estimates, including effect of proposed legislation.
are from the 1968 Budget document released January 24, 1967.
Beginning February 1966 includes hospital insurance.
1/
Remaining footnotes on following page.
1967
thbruary
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES.
Table
2.
-
Detail of Miscellaneous Receipts by Major Categories
(In millions of dollars)
Fiscal year
or month
1958
1959
1960
1961
1962
1963
1964
1965
1966
Total
,lo6
74 f
fc74
328
,158
,06i
601
q67
506
1,111
"^'37
OP.
•J4;'
30"^.
20c.
i36
,077
,622
,865
1967 (Est.)...
1968 (Est.)...
19 66- January.
February.
March. .
April.
May
June
.
.
.
July
August.
September
October.
November.
December.
.
1967- January.
RealizaDividends
tion upon
and other
loans and
earnings 1/ investments
877
765
955
1,077
847
781
518
1,0U
i56
381
467
408
401
1,003
85
17
373
447
960
Sale of
Government
property
RecovRoyaleries and
ties
refunds
Sale of
products
Seigniorage
1/
322
343
^^0
4;<o
lU
06
i71
13:
154
9U
304
350
374
330
342
370
409
427
494
345
325
392
343
263
263
331
431
^3
53
55
132
132
1,873
2,195
412
201
177
137
181
197
908
1,028
387
383
1,072
519
120
34
11
12
31
7
-10
21
10
U
12
u
60
48
28
32
30
61
62
128
93
37
123
109
125
124
134
56
1
21
140
142
158
146
155
50
56
63
337
27
?3
69
37
32
58
45
69
117
649
71
66
32
2
5
1
8
7
6
10
134
1
12
1
1
-H
10
9
U
5
5
10
10
11
11
47
24
-IS
54
99
6Q
51
62
62
2Q
37
47
45
21
77
78
71
77
78
152
244
11
165
40
15
14
35
36
63
3,928
788
1,058
458
119
57
418
281
464
3
17
11
12
6
105
9
166
8
171
39
55
427
442
28
41
61
86
93
155
152
83
94
237
502
6
2/
118
131
62
101
70
U3
134
12
12
13
13
555
740
479
832
Other
105
54
57
31
984
1,3^3
1,731
U
Fines,
penalties
and forfeitures
437
74
109
235
53
200
130
118
Rents
161
133
111
100
101
110
lis
128
127
59
44
1,076
752
496
359
17
21
Fees and
other
charges
for
services,
etc.
114
121
124
131
132
208
743
860
Fees for
permits
and
licenses
7
6
6
7
9
325
94
89
23
23
16
U
11
79
48
87
27
5
8
12
11
13
6
7
9
8
18
U
-20
-2
-13
1
u
6
12
7
17
10
10
43
25
2
17
22
-19
82
132
17
1
1
1
1
9
14
11
-19
9
11
Fiscal 1967
to date.
.
.
Actual figures through 1961 are from reports to the Treas\iry
Department by disbursing officers and administrative agencies, on
the monthly statement reporting basis see page II )
and from the
monthly statement of receipts and expenditures thereafter. Estimates, including effect of proposed legislation, are from the 1968
Budget document, released January 24, 1967,
Source:
(
2/
Beginning October 1965 certain accounts representing profits from
silver coinage, previously classified as "dividends and other
earnings," have been classified as "seigniorage."
Consists of miscellaneous taxes (principally the tonnage tax on
foreign vessels entering U. S. ports), bullion charges, gifts and contributions, and undistributed proceeds, sale of foreign ciirrency.
1/
;
Footnotes to Table
Income taxes not withheld, February
Includes adjustments as follows:
-$4 million. May +$98 million, August -$4 million, and December -$4
million; income taxes withheld, February +$74 million. May -$122 million,
August -$56 million, and December -$149 million; transfers to Federal
Old-Age and Survivors Insurance Trust Fund, February -$73 million. May
+$23 million, August +$56 million, and December +$133 million; transfers
to Federal Disability Insurance Trust Fund, February +$2 million, May
+$2 million, August +$4 million, and December +$13 million; and transfers
to Federal Hospital Insurance Trust Fund, December +$7 million.
2/
1
2/
4/
5/
48
-
(Continued)
Interest on refunds is included in expenditures in table 3The principal amounts for refunds of employment taxes and certain
excise taxes (highway) are excluded from the transfers of tax receipts
shown herein, and are included with reflinds of internal revenue
receipts, applicable to trust accounts.
For content, see Table 4. These transactions are included in the
detail of both budget receipts and expenditures but are deducted from
the totals (see Reporting Bases, p. II).
Less than $500,000.
Treasury Bulletin
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES
$Bil.
I
—
Total
Fisca/ Year
125
I
I
100
^^
I
Comparison first
Tmortths fiscal
years 1966 and 1967
75
50
25
•59
1953
'6!
^Billions
$Bil.
80
28
76
24
72
72
20
68
68
16
64
64
12
60
60
56
56
52
52
48
48
44
44
40
40
36
36
32
32
28
28
24
24
Income Tax and
Employment Taxes*
80
Individual
76
J
1
1 1
1953
n
'55
'57
59
•61
'63
65
¥^
February 1967
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES.
Table
3.
-
Expenditures by Agencies
{In millions of dollars)
Defense Department
Fiscal year
or month
Legislative
Branch
Executive
Judi- Office
ciary of the
President
U
1958
1959
1960
1961
1962
1963
196i
1965
1966
,
.
79
56
70
29
23
23
24
26
645
382
539
498
594
676
686
758
730
90
96
31
28
4,806
5,418
5,751
6,047
18
10
2
12
18
3
255
359
443
279
368
659
263
270
11
56
i7
49
52
57
62
65
74
2
2
2
16
18
tfay
June
July
August. .
September
October.
November
December.
2
2
.
10
25
16
11
2
307
373
367
286
.
20
2
38'.
25
2
.
1967- January.
President
4,875
7,091
5,419
5,929
6,669
7,735
7,897
7,298
5,949
152
165
185
1966- January.
February.
March
April
to the
Agriculture Commerce
DepartDepartment
ment
4,081
4,109
1,764
1,808
2,053
3,968
4,119
4,307 1/
4,324
118
126
134
153
H7
1967 (Est.)...,
1968 (Est.)
Funds
appropriated
3
'y
.
Fiscal 1967
to date
559
334
418
-152 ij
256
55
Military
39,062
41,233
42,824
48,205
48,252
49,760
46,173
54,409
199
,152
309
502
739
250
767
908
1,029
1,124
1,205
1,331
746
997
66,950
72,300
1,345
1,415
10,746
11,739
586
-102
62
73
-24
72
65
60
4,411
4,198
5,246
4,766
4,559
5,945
115
79
102
99
110
662
613
918
752
744
642
-93
291
166
-58
-66
23
104
87
87
101
127
82
63
4,661
5,353
5,725
5,285
123
133
135
149
133
QOCl
135
171
121
126
130
143
103
U,677
48
93
-24
71
5,262
5,695
459
189
84
5,m2
4, "^14
4° 8
Fiscal year
or month
1958
1959
1960
1961
1962
1963
1964
1965
1966
,
20b
272
247
258
307
408
347
1967 (Est.)
1968 (Est.)
1966- January.
February
March.
April.
May.
.
June.
July
August
September
October.
November
December
.
1967- January.
Fiscal 1967
to date , .
On
On
public refunds
debt 5/ of taxes
407
7,607
7,593
9,180
8,957
9,120
9,895
10,666
11,346
12,014
74
69
76
83
68
74
88
77
104
424
420
13,400
14,050
93
13
32
32
1,035
383
29
24
31
70
28
976
1,035
1,013
1,025
1,068
41
1,091
1,064
1,086
1,093
1,100
1,160
36
1,173
50
40
53
318
Atomic
Energy
Commission
Interest
87
6
6
10
15
11
10
9
Other
58
3/'
2,5a
4^L
508
638
698
726
751
795
8O4
875
987
985
1,059
1,193
1,306
1,342
2,623
2,713
2,806
2,758
2,765
2,625
2,403
967
979
270
330
1,47127
115
103
192
186
197
193
241
224
71
66
62
64
85
70
142
119
114
121
153
111
226
180
71
74
189
195
174
1Q2
69
83
121
196
83
881
1,352
110
113
137
90
1,375 2/
Source: Actual figures are from the monthly statement of receipts and
expenditures of the Government (for explanation of reporting bases,
see page II); estimates, including effect of proposed legislation,
are from the 1963 Budget document released January 24, 1967.
Note:
Agency shifts are shown in this table beginning with the period
72
71
66
328
116
702
771
Q7
1,112
-491
5,925
804
765
900
767
National
AeroVeterans
nautics
Adminisand Space tration
Adm.
751
690
801
410
616
-122
510
357
287
-354
884
General
Federal
Services
Aviation
AdminisAgency
tration
2,268
765
2,178
666
2,645
3,092
3,403
3,685
4,215
4,909
5,498
5,740
7,669
Treasury Department
State
Department
Housing
Interior
and Urban
DepartDevelopment
ment
Department
733
807
902
971
999
1,128
1,153
1,234
1,309
486
1,475
1,042
1,086
368
269
16
Health,
Education,
and
Welfare
Department
Other
independent
agencies
1,257
2,552
4,171
5,093
5,933
293
159
708
323
66
57
61
71
695
710
5,600
5,300
6,400
6,121
1,052
651
119
127
57
477
456
1
519
502
56Q
571
528
512
524
287
484
357
88
-271
83
132
100
-719
73
69
65
65
67
41
494
441
483
403
458
486
449
442
531
545
553
608
464
3,319
64
51
48
441
7U
525
8312/
9L4
358
371
620
257
370
480
503
770
578
8O5
888
1,456
1,692
426
445
500
527
,208
54A
94
30
29
27
31
51
U4
-168
68
31
31
64
48
110
93
43
78
77
38
30
70
6/
25
31
23
50
674
774
567
1,016
549
District
of
Columbia
940
956
224
794
937
145
401
229
250
258
284
294
317
328
Post
Labor
Office
DepartDepartment
ment 1/
72
74
124
66
71
86
71
86
34
31
33
39
U3
52
70
80
123
33
Deduct:
InterTotal by fund
agencies transactions
2/
71,936
80,697
77,233
32,169
88,419
93,155
98,348
97,377
107,613
666
528
567
355
694
654
633
513
664
870
635
127,495 10/ 766
135,715 11/ 682
73
16
1
8,882
8,173
10,198
8,375
9,055
24
9,488
49
128
197
220
310
221
-103
26
40
7
10,302
11,093
11,936
11,302
10,388
9,543
466
-266
u
3,594
701
50
2
797
43
238
5,098
5,232
5,250
5,401
5,392
5,173
5,478
5,483
5,070
425
359
408
387
445
466
593
624
601
Justice
Department
5
13
1
Net
budget
expenditures
71,369
80,342
76,539
81,515
37,787
92,642
97,684
96,507
106,978
126,729 10/
135,033 11/
8,809
3,156
10,193
3,362
9,055
9,439
31
10,263
11,042
11,833
10,977
10,386
9,512
10,079
92
9,987
74,643
593
74,050
51
53
325
2
of such shifts; figures prior to the shifts have not been adjusted.
Therefore, some expenditures do not necessarily represent functions
which are comparable over a period of time (for a more consistent
basis, see Table 6).
Footnotes on following page.
'
Treasury Bulletin
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table
4.
-
Interfund Transactions Excluded from Both Net Budget Receipts and Budget Expenditures
(In milliong of dollars)
Interest payments to the Treasury 1/
Fiscal year
or month
1958
1959
1960
1961
1962
1963
196A
1965
1966
Total
5o7
355
694
65i
633
ffay
Corp.
635
4^1
181
465
410
330
186
199
459
302
766
682
739
653
346
304
73
16
69
16
5
5
513
1966- January
February
March
April
Commodity
Credit
557
342
682
640
620
499
648
852
617
66i
870
1967 (Eat.)
1968 (Est.)
Total
Interest
13
ExportImport
Bank of
Washington
Housing
and Urban
Development
Department 2;^
TennesPanama
Canal
Company
ity
U
U7
11
9
9
9
9
10
11
11
138
12
31
39
19
10
Ul
128
12
12
48
47
31
41
45
3°
46
90
43
57
51
34
15
118
H6
160
152
40
47
49
36
V
30
42
35
4
9
4
12
7
11
6
8
8
16
18
22
13
12
26
17
17
6
154
125
34
U
20
22
35
29
7/'
16
19
118/
10^
65
14
9
1
July
40
40
26
51
53
325
51
53
39
319
2
2
1
31
31
26
31
11
1
2
48
1
313
92
593
15
1U7/
97
Charges
for
audits
of
various
agencies
14
61
45
Fiscal 1967 to date
3
2
80
583
316
145
48
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/ Consists of payments by: Office of the Secretary for college housing,
urban renewal, and public facility loans; Federal National Mortgage
Association; and Public Housing Programs.
Direct loan program and reopened insurance fund.
By various agencies for programs luider Defense Production Act.
Consists of payments by the: Colorado River Dam Fund, Boulder Canyon
project; Virgin Islands Corporation; Bureau of Federal Credit Unions;
Civil Defense Program Fund until 1966: Farmers' Home Administration:
Informational Media Guaranty Fund beginning 1959; Federal Ship
7/
3/
•
Consists of net expenditures of the Postal Fund, reflecting the change
in classification of Post Office transactions to a public
enterprise
revolving fund basis, and beginning fiscal 1960, payment for public
services.
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
1960, approved September 13, I960 (42 U.S.C. 1101).
Includes $258.8 million paid to the International Monetary Fund
for the
additional United States gold subscription, authorized by an
act
approved June 2, 1965 (see "Account of the Treasurer of the
United
States," Table 4).
Net decrease is due to sale by the Commodity Credit
Corporation of certificates of interest on loans held by the corporation. Net
expenditures, excluding this sale, were $340 million.
Reported on an accural basis effective June 30,
1955.
3
6/
7/
8/
2/
10/
11/
»
15
34
Mortgage Insiirance Fund beginning I960; St, Lawrence Seaway
Development CorpoiaCion Degixmiug 1960; Economic Opportunii.j Loan
Fund and Upper Colorado River storage project beginning 1965;
Farmers' Home Administration rural housing loans beginning 1966;
and Economic Development revolving fund beginning 1967.
For net cost of Canal Zone Government, less tolls on Government
vessels, and for part of treaty payment for use of Canal Zone,
Includes $45 million in 1967 and $50 million in 1968 for power
marketing agencies,
Includes $10 million in 1967 and 1968 for fees and other charges of
power marketing agencies.
Less than $500,000.
6/
Footnotes to Table
5/
14
20
27
U
19
23
32
Other
1
1967-January
u
3
7
7
15
Veterans
Administration
2/
49
September
October
November
December
2/
see
Valley
Author-
June
Axigust
2/
Small
Business
Admin.
Under
Defense
Production
Act
Reimbursement by
Panama
Canal
Company
-
(Continued)
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).
Includes $1,375 million paid to the International Monetary Fund for
the additional United States subscription, authorized by an act
approved June 17, 1959, consisting of $343.8 million in gold (see
"Account of the Treasurer of the United States," Table 4) and
$1,031 million in special notes. The special notes of the United
States issued to international institutions are nonnegotiable and
noninterest-bearing and are payable on demand. See also "Consolidated Cash Transactions," Table 2 and "Debt Outstanding," Table 1.
Represents estimates for the Department of Transportation which Include
Federal Aviation Agency.
Includes an allowance for contingencies of $100 million.
Includes certain allowances of $2,150 million.
Less than $500,000.
February 1967
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table
5.
-
Summary
of Appropriations and Authorizations, Expenditures and Balances, by Agencies,
as of
December
31, 1966
(In millions of dollars; negative figures are deductions in the coliunns in which they appear;
Additions, fiscal year 1967 to date
Unexpended
balances
brought forward
July 1, 1966 1/
Legislative Branch
The Judiciary
Executive Office of the President
Funds appropriated to the President
Agriculture Department
Coimnerce Department
Defense Department:
Military
Civil
Undistributed foreign transactions
Health, Education, and Welfare Department
Housing and Urban Development Department
Interior Department
Justice Department
Labor Department
Post Office Department
State Department
Treasury Department
Atomic Energy Commission
Federal Aviation Agency
General Services Administration
National Aeronautics and Space Administration
Veterans' Administration
Other independent agencies
District of Columbia - Federal payment and loans to.
Total
Increase
Appropriations
2/
Authorizations
Other authorito expend from
zations
debt receipts 2/
217
17,930
6,295
1,409
217
89
29
5,027
7,953
1,273
il,368
488
59,157
1,377
5,727
15,167
1,083
10,971
1,452
1,563
75
656
547
139
341
1,522
619
660
2,593
2,120
14,235
123
395
638
785
395
395
638
785
395
14,286
2,199
974
597
4,968
6,305
1,271
91
U,286
113 , 169
122,012
59
7
5
89
Legislative Branch
The Judiciary
Executive Office of the President
Funds appropriated to the President
Agriculture Department
Commerce Department
Defense Department:
Military
Civil
Undistributed foreign transactions
Health, Education, and Welfare Department
Housing and Urban Development Department
Interior Department
Justice Department
Labor Department
Post Office Department
State Department
Treasury Department
Atomic Energy Commission
Federal Aviation Agency
General Services Administration
National Aeronautics and Space Administration
Veterans Administration
Other independent agencies
District of Columbia - Federal payment and loans to
Adjustment to monthly statement of receipts and
expenditures of the Government
'
Rescissions,
cancellations,
and other
adjustments 6/
107
3
42
13
-24
59,157
1,377
Interfund transactions
10,971
1,747
1,595
-55
350
26
6
2,199
974
597
4,968
6,305
1,282
91
122,888
868
Unexpended balances December 31, 1966
Undisbitrsed
appropriations
Unused authorizations to
expend from
debt receipts 2/
Unfunded
contract
authorizations
Investments
held
7/
159
53
21
15,208
2,497
2,063
1,700
4,725
413
31,932
787
24
4,813
1,294
826
206
U9
543
283
7,421
1,156
440
379
2,855
3,128
968
37
74
21
68,210
1,067
-24
11,780
3,169
1,707
264
845
790
252
7,207
2,565
1,153
876
4,705
4,879
2,200
156
6,049
6,351
1,236
174
386
10
8,439
29
100
3,175
122
836
2H
205
10,720
1,552
-24
24 8/
131,778
64,564
Total
Deduct:
Expenditures
29
5,027
8,514
1,249
69
492
Deductions, fiscal year 1967 to date
Agencies
Total
^
31,802
5,207
2,607
501
64,063
Net budget expenditures
Source: Bureau of Accounts. Details for the current fiscal year to date
are shown in Bureau of Accounts report "Budgetary Appropriations and
Other Authorizations, Expenditures and Unexpended Balances."
1/ Although not expended, a substantial portion of these amounts is
obligated for payrolls outstanding purchase orders and contracts for
equipment and supplies, and similar items.
2/ Includes reappropriations.
2/ Consists of authorization by law for Government-owned enterprises to
borrow (1) from the Treasury (to expend from public debt receipts), or
(2) from the public {to expend from corporate debt receipts).
Consists of new contract authorizations, established by law for the
current fiscal year, net of current appropriations to liquidate
either current or prior contract authorizations.
^
6/
,
7/
8/
u
^
Consists of appropriation transfers between agencies.
Consists of transfers to, or restorations from (-), the surplus fund;
rescissions, cancellations, or adjustments of borrowing authority and
contract authority; transfers to miscellaneous receipts; and
other adjustments.
Public debt securities and certain guaranteed securities issued by
Government enterprises.
Represents the difference between this report based on accounts submitted by certain disbursing officers and corresponding preliminary
data used in the monthly statement of receipts and expenditures of the
Government.
Less than $500,000.
.
Treasury Bulletin
.ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES.
Table
6.
-
Expenditures and Balances by Functions
(Fiscal years;
in millions of dollars)
1967 through December 1/
Function
code
number
Functions
National defense
Department of Defense-Military
Military assistance
Atomic energy
Defenae.-related activities
1962
1963
1964
1965
Expenditures
Unexpended
balances end
of period 2/
68,572
2,306.
2,565
1966
;
051
057
058
059
Total national defense
International affairs and finance
Conduct of foreign affairs
Economic and financial assistance
Foreign information and exchange activities
Food for Freedom
54,409
968
2,403
-62
31,956
306
1,156
172
46,173
1,229
2,625
136
-28
335
52,755
54,131
50,163
57,718
33,390
73,778
24°
2,130
197
1,947
346
1,826
201
2,040
297
1,479
20"
2,04c
346
2,094
315
237
878
114
618
166
22,298
223
1,843
1,864
227
1,784
4,523
4,412
4,032
4,506
4,191
1,848
23,728
49,760
92
48,252
1,721
2,758
24
51,103
46,815
1,390
2,806
1,485
2,765
;
151
152
153
154
Total international affairs and finance
Space research and technology
251
1,25
2,55
4,171
,0°3
5,933
Agriculture and agricultural resources:
Farm income stabilization X'
Financing farming and rural housing
Financing rural electrification and rural telephones
Agricultural land and- water resources
Research and other agricultural services
J/
351
352
353
35i
355
2,871
234
303
367
341
3,693
300
342
324
391
3,798
251
342
324
414
3,236
268
392
341
457
1,925
160
373
346
4,116
5,050
5 129
4,696
1,680
280
1,853
303
71
94
1,927
332
91
2,023
374
Total agriculture and agricultural resources
Natural resources:
Land and water resources
Forest resources
Mineral resources
Fish and wildlife resources
Recreational resources
General resource surveys and administration
iOl
402
403
404
405
409
Total natural resources
Commerce and traosportation;
Air transportation
Water transportation
Ground transportation
Postal service
Advancement of business
Area and regional development
Regulation of business
,
501
502
503
505
506
507
508
Total commerce and transportation
Housing and community development :
Aids to private housing ij
Public housing programs
Urban renewal and community facilities
National Capital region
^
for elementary and secondary education 6/.
for higher education 6/
to science education and basic research...
to education 6/
7B1
654
33
797
427
7
74
Veterans readjustment benefits 4/
Veterans' hospitals and medical care
Other veterans' benefits and services 2/
Total veterans' benefits and services
of-
table.
....'.'.
8,413
2,235
406
108
130
1,332
302
68
101
2,628
395
99
150
329
53
55
105
130
105
120
134
73
04
2,653
2,851
3,120
1,915
3,657
875
728
39
805
557
398
879
708
46
888
193
156
99
470
373
60
543
313
64
1,209
835
658
39
578
401
401
91
152
59
52
1,U0
554
790
961
715
58
-149
163
261
74
-537
178
222
70
-595
-818
230
420
-406
233
446
463
130
533
75
39
12,734
1,731
6,691
170
349
-67
-80
-104
347
1,165
21,326
651
1,177
5QI
2,331
1,437
224
2,631
1,784
652
653
655
659
2,786
423
466
2,523
500
2,797
1,018
736
1,206
451
2,078
700
440
4,937
853
1,646
1,888
382
1,781
464
2,827
211
513
4,481
4,715
5,381
5,707
7,574
4,874
10,101
392
404
428
206
219
383
310
241
418
413
701
368
3° 7
708
573
217
287
1,719
3,297
863
828
1,544
2,834
1,784
6,707
2,176
1,864
-50
1,270
2,549
334
235
2,221
1,910
-664
1,318
238
2,041
1,145
2^0
2,158
1,743
113
1,229
249
685
77
1,428
997
336
5,186
5,492
5,495
5,023
3,137
5,309
701
702
703
704
337
350
183
801
]
'
84_
3,57°
2,96°
1,076
Veterans' benefits and services:
Veterans' service-connected compensation 7/
Veterans' nonservice-connected pensions 7/.
672
41
770
366
101
3,307
3,499
Total education
Footnotes at end
2,506
5,209
766
1,521
481
436
3,002
Total health, labor, and welfare
Education:
Assistance
Assistance
Assistance
Other aid
2,264
503
3,043
-140
208
198
271
2,843
551
552
553
555
Public assistance ^^
Economic opportunity programs
Other welfare services
60
112
73
4,705
2,774
Total housing and community development
Health, labor^ and welfare:
Health services and research
Labor and manpower
68
81
94
,
265
Q99
802
803
804
805
l,o35
388
1,084
279
5,403
U9
306
59
345
1,244
2,116
1,698
-13
(Continued on following page)
64_
309
405
5,425
779
February
1967
.ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES.
Table 6.- Expenditures and Balances by Functions- (Continued)
(Fiscal years; in millions of dollars)
Functions
Interest
Interest on the public debt
Interest on refunds of receipts.
Interest on uninvested funds....
Function
code
number
1962
1963
;
851
852
853
Total interest
General government ;
Legislative functions
Judicial functions
Executive direction and management
Central fiscal operations
General property and records management.
Central personnel management
Protective services and alien control...
Other general government
Total general government
931
902
903
904
905
906
908
910
9,120
68
10
9,980
135
57
22
131
63
21
715
653
419
153
300
136
1,875
Total
Interfund transactions ...
Net budget expenditures (see table 3)
11
9,198
Undistributed
Deduct;
9,895
74
87,787
4U
142
323
139
1
10
Treasury Bulletin
.TRUST AND OTHER TRANSACTIONS.
Table
1. -
Summary
(
In
of Trust and Other Transactions
millions of dollars)
1967
FebTuary
11
.TRUST 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 Old-Age
and Survivors
Insurance Trust
Fund
.
July
August.
September.
October.
November.
December.
.
.
.
1967- January.
Fiscal 1967
to date
..
Railroad
Retirement
Accounts
Unemployment
Trust
Fund
National
Service Life
Insurance
Fund
76
64
2,056
2,129
3,938
3,816
50
41
60
50
46
47
7
Ul
5
152
157
154
155
157
273
264
246
232
260
360
163
193
181
138
192
228
48
7
55
6
113
290
73
751
1,385
381
1,366
1,511
2,655
2,534
696
108
107
103
107
106
102
247
268
351
165
220
200
46
76
101
120
102
107
105
102
217
83
1,151
280
64
1,506
l,5i2
1,545
1,552
1,599
1,868
141
268
63
1,536
1,554
1,564
1,549
1,570
1,583
157
160
160
161
163
151
11
112
170
196
225
221
1,607
165
10,963
1,118
996
1,295
U6
H7
146
un
9
12
20
34
f\inds
Highway
Trust
Fund
955
1,063
1,183
1,326
1,446
1,695
544
2,530
2,876
Federal
employees'
retirement
79
72
71
69
3,148
3,054
2,736
4,734 1/
3,906
3,815
3,707
3,130
2,687
1,982
2,389
Government
Life
Insurance
Fund
1,5L2
2,613
2,945
2,620
2,784
3,017
3,645
4,026
3,965
730
778
1,136
1,124
1,135
1,112
1,139
1,185
1,246
19,oU
2i,U2
U,530
1966-January.
February.
March
April
May
June
Insurance
Trust Fund
Federal
Hospital
Insurance
Trust Fund
15,285
15,962
18,769
9,380
11,073
11,752
13,270
1967 (Est.)....
1968 (Est.)
Disability-
181
361
561
746
1,089
1,259
1,341
1,498
1,937
8, Oil
1958
1959
1960
19bl
1962
1963
1964
1965
1966
Federal
Federal
Supplementary
Medical
Insurance
Trust Fund
562
582
707
626
747
585
545
485
522
54
49
120
80
83
94
96
7
7
7
8
6
55
6
6
48
6
44
699
792
896
159
163
158
161
160
160
348
429
491
46O
162
302
1,122
2,826
4U
382
V
Treasury Bulletin
12
.TRUST AND OTHER TRANSACTIONS.
Table
4.
-
Both Net Trust Receipts and Trust Expenditures
Interfund Transactions Excluded from
(In millions of dollars)
Fiscal year
or month
Federal
Old-Age and
Survivors
Insurance
Trust Fund 1/
Total
Federal Disability
Insurance
Trust
Fund 1/ 2/
Federal
Suppl ementary
Medical
Insurance
Trust Fund
1/
Railroad
Retirement
Accounts
1/
Unemployment
Trust
Fund
y
Federal
employees'
retirement
funds 6/
Alien
property
activities 7/
District
of
Columbia 8/
11
1958
1959
I960
1961
1962
1963
1964
1965
1966
124
135
908
600
332
361
423
515
528
505
521
63S
770
1967 (Est.)
1968 (Est.)
532
73i
730
477
6
13
22
22
27
32
28
21
55
85
10
142
91
90
26
18
26
30
24
7
5
3
5
22
444
543
48
33
34
74
72
19
1
53
43
42
43
45
50
^o
71
1967-January
25
5
3
23
45
402
1
304
Source:
See Table 1.
1/ Payments are made between the Railroad Retirement Accounts and
Federal Old-Age and Survivors, Federal Disability and Federal Hospital
insurance trust funds so as to place those funds in the position in
which they would have been if railroad retirement employment had been
included under social security coverage.
2/ Includes interest on amounts reimbursed to the Federal Old-Age and
Survivors Insurance Trust Fund f"r administrative expenses.
2/ Premiums deducted from benefit payments from Federal Old-Age and Survivors and Federal Disability insurance trust funds, and Civil Service
and Railroad Retirement accounts.
Includes temporary advances to the Railroad Unemployment Insurance
Account in the Unemployment Trust Fund when the balance in the account
V
Table
5.
-
32
^
6/
7/
8/
»
48
15
is insufficient to meet payments of benefits and refunds due or to
become due.
Repayment of advances plus Interest to the Railroad Retirement Accounts,
See footnote 4.
Transfers from the Civil Service Retirement and Disability Fund to
the Foreign Service Retirement and Disability Fund.
Transfers to the Foreign Claims Settlement Commission.
Contributions and beginning with 1958, transfers of deductions from
employees' salaries to the Civil Service Retirement and Disability
Fund, advances to National Park Service, advances to Smithsonian
Institution and advances to National Capital Planning Commission.
Less than $500,000.
Purchases of Participation Certificates by Trust Accounts (Net)
(In millions of dollars)
Fiscal year
or month
47
90
92
10
10
12
12
13
15
17
5
26
July
August
September
October
November
December
Fiscal 1967 to date
32
37
9
7
1966- January
February
March
April
May
June
403
436
444
211
132
101
38
35
58
41
1
February 1967
13
.TRUST AND OTHER TRANSACTIONS
Table
6.-
Investments in Public Debt and Agency Securities (Net)
;
'
Treasury Bulletin
lA
TRUST AND OTHER TRANSACTIONS
Table
7.
-
Sales and Redemptions of Government Agency Securities in Market (Net)
(In millions of dollars; negative figures are excess of sales)
Securities not guaranteed by the United States
Securities guaranteed by the United States
Public enterprise fur;ds
Fiscal year
or month
Total 1/
Total
guaranteed
Federal
Farm
Mortgage
Corporation
Federal
Housing
Administration
Home
Owners'
Loan
Corporation
Trust
enterprise
fund
D.
C.
Public enterprise funds
Total not
guaranteed
1/
stadi\im
fund
1958
1959
1960
1961
1962
1963
1964
1965
1966
-400
-1,293
-1,746
537
-1,780
-1,022
-1,880
-10
-29
-100
-204
-162
-206
-1,;)72
:'23
-4,077
12Q
129
-40o
-1,283
-1,717
638
-1,576
-860
-1,674
-1,595
-4,206
1967 (Est.)
1968 (Est.)
-3,898
-1,853
-5°
-30
-59
-30
-3,839
-1,823
1966- January
February
March
April
Nby
June
-265
-260
-341
-732
-1,070
-813
40
40
-19
-21
-13
-305
-241
July
August
September
October
November
December
1967- January
.
.
Fiscal 1967 to date.
fa
-1^
-21
-13
6
-10
-28
-81
-204
-162
-206
223
3
3
4
4
-297
-470
-27
5
-19
-321
-720
-1,072
-817
-270
-475
-22
-13
-3
-130
4
-134
55
4
-767
52
-767
-76
-6
-6
-l.TOS
-3°
-39
-1,666
Federal
National
Mortgage
Association 2,/
797
Home
Owners
Loan
Corporation
February i967
15
.TRUST AND OTHER TRANSACTIONS
Table
8.
-
Federal Old-Age and Survivors Insurance Trust Fund
1/
(In millions of dollars)
Receipts
Fiscal year
or month
Expenditures other than investments
Total 2/
Appropriations
2/
1937-57.
1958....
1959....
19bO
1961....
1962....
1963....
1964....
1965....
1966....
53,09&.7
7,824.4
8,108.7
10,360.0
11,823.9
12,011.0
13,855.7
16,043.4
16,416.5
18,460.8
47,872.4
6,794.9
7,084.0
9,192.4
10,537.2
10,600.0
12,351.2
14,335.1
14,572.4
16,473.5
730.0
472.1
481.1
650.3
755.4
869.6
989.6
1,166.6
1,257.9
1,392.4
4,444.5
555.4
543.0
516.4
530.2
539.0
512.4
539.0
583.1
588.2
1967 (Est.)...
1968 (Est.)...
23,042.8
24,399.3 1/
20,592.0
21,659.0
1,581.0
1,698.0
712.9
874.0
104.8
2,441.4
1,664.3
99.9
2,182.5
1,666.0
.9
237.1
-7.5
4.U
21.8
April.
May...
June.
1,177.4
3,469.8
2,391.3
1,142.0
2,939.8
2,217.0
13.5
502.4
-35.1
July
August ....
September.
1,499.7 6/
2,618.6
1,416.9
1,384.0
2,092.4
1,440.0
October. .
November.
December.
1,042.5
1,890.9
1,584.1
^
1966-January.
February.
March. .
.
1937 to date 10/.
178,053.
Deposits by
States
Net earnings
on investments
V
Total
Benefit
payments
30,067.8
8,040.7
9,379.8
11,072.7
11,752.3
13,270.2
14,529.7
15,284.6
15,961.9
18,769.0
28,967.4
7,874.9
9,049.1
10,269.7
11,184.5
12,657.3
13,844.6
14,579.2
15,225.9
18,071.5
19,844.2 2/
24,442.4 2/
18,964.0
19,928.0
5.8
1,506.2
1,542.1
1,544.6
1,468.6
1,498.9
1,497.0
21.8
27.6
206.3
1,551.6
1,598.9
1,868.7
1,508.0
1,541.3
1,536.8
34.2
502.0
-30.9
3.5
24.2
7.8
1,536.1
1,553.8
1,563.6
1,499.8
1,542.7
1,533.2
1,009.0
1,461.0
1,329.2
12.0
404.4
-16.3
21.5
25.5
270.4
1,548.8
1,569.8
1,583.3
1,523.5
1,550.3
1,566.8
158,528.8
9,670.2
9,704.4
157,484.2
150,941.0
E>:penditures, etc. - (Continued)
Fiscal year
or month
1937-57.
.3
1958....
1959....
1960
1961....
1.6
11.6
12.5
1.8
3.1
1.7
2.6
1962. . .
1963....
1964. .
1965....
1966....
.
1937 to date 10/
Reimbursement (-) from
Federal Disability Insurance Trust Fund
6/
2/
8/
Total
Investments
assets
Unexpended
balance
2/
307.6
300.7
4.6
4.8
4.3
33.0
38.3
43.1
-1,401.4
899.4
119.7
16,833.3
17,732.7
17,852.4
15,143.7
16,031.5
15,973.7
1,689.6
1,701.2
1,878.8
.2
4.0
4.3
4.3
39.6
53.0
38.4
-374.2
1,871.0
522.6
17,478.2
19,349.1
19,871.7
15,104.2
17,426.2
17,908.7
2,374.0
1,922.9
1,963.0
32.0
7.0
26.1
-36.4
1,064.8
-146.7
19,835.8r
20,900.6r
20,753.9r
17,886.9
19,254.1
19,107.0
1,948. 9r
.1
4.1
4.2
4.2
4.0
4.4
8.0
21.1
15.1
22.2
-506.3
3Z1.1
-13.9
.S
20,247.6
20,568.7
20,569.5
18,529.7
18,941.2
18,788.8
1,717.9
1,627.4
1,780.7
863.2
3,125.4
-605.4
20,569.5
20,569.5
18,788.8
1,780.7
.2
37.8
Source:
See Table 1.
1/ Includes transactions under the predecessor old-Age Reserve Account.
Total includes:
2/
^l^.i million transferred from general fund for
y
u
Net increase,
or decrease
(-), in
58.8
60.3
.
October, .
November.
December.
3,122.0
6.7
16.3
.1
.2
.
443.8
51.7
52.4
49.9
.
July
August.
September.
532.0
477.0
1.5
1966-January.
February.
March. .
April.
May...
June.
430.1
34.5
39.0
39.4
43.8
45.3
48.5
U3.8
670.3
138.9
173.2
179.3
223.6
263.5
275.4
312.4
322.8
443.0
.3
1967 (Est.).
1968 (Est.).
Reimbursement
Bureau of
"^o general
oAsi ly
fund 12/
124.4
600.4
331.7
360.8
422.5
402.6
435.6
Assets, end of period
Administrative expenses
Construction 11/
Payments to Railroad Retirement
Accounts _5/
administrative and other costs of benefits payable to survivors of
certain World War II veterans C60 Stat. 979 and 64 Stat. 512); $33.8
million (1937-57), and $1.6 million (1958), paid from the Railroad
Retirement Account; beginning November 1951, small amounts in the
nature of recoveries from expenditures incidental to 'the operations;
and beginning 1958, interest payments from Federal Disability Insurance
Trust Fund, and sale of waste paper.
Includes unappropriated receipts from January 1962 to June 1965.
To cover employees of States and their political subdivisions, under
the Social Security Act Amendments of 1950 (4.2 U.S.C. 4.18).
See Table 12.
Includes $156.0 million for payment for military service credits, $73.0
million of which was paid in July 1966 and $.9 million from other receipts.
Excludes $100,0 million for purchase of participation certificates.
Includes $78.0 million for payment for military service credits, $90.0
-9.1
-17.5
-28.8
-33.2
-60.3
-62.9
-63.8
-75.1
-240.6
23,028.9
-216.3
-1,271.2
-712.7
71.6
-1,259.2
-674.1
758.8
454.6
-308.2
23,028.9
22,812.6
21,541.4
20,828.7
20,900.3
19,641.1
18,967.1
19,725.9
20,180.5
19,872.2
22,2b3.3
21,764.2
20,474.4
19,748.8
19,523.5
18,434.7
17,613.2
18,304.9
18,765.7
17,908.7
1,048.4
1,067.0
1,079.9
1,376.8
1,206.5
1,353.9
1,421.0
1,414.8
1,963.6
-25.0
-3.9
3,198.6
-43.1
23,070.8
23,027.8
21,433.8
21,293.8
1,637.0
1,734.0
-154.7
2/
10/
11/
12/
13/
765.
l,646.4r
l,646.9r
million from proposed increases and $.3 million from other receipts.
Includes $3,663.1 for proposed increases and $.9 million for vocational
rehabilitation services.
Includes adjustments to monthly statement basis.
Construction and equipment of office buildings for the Bureau (Public
Law 170, approved July 31, 1953 (67 Stat. 254)).
Under the Social Security Act, as amended (42 U.S.C. ^01 (g) (l)), for
administration of Titles II and VIII of that act and related parts of
the Internal Revenue Code (26 U.S.C. 4.80-^82, L400-L432), See also
footnote 13.
Salaries and expenses of the Bureau of Old-Age and Survivors Insurance
are paid directly from the trust fund beginning 194.7, under provisions
of annual appropriation acts until passage of the Social Security Act
Amendments of 1956 (42 U.S.C. ^01 (g) (1)); previously these expenses
were included in reimbursements to the general fund. Beginning
July 1966 payments of salaries and expenses for the Social Security
Administration are charged directly to each trust fund.
Less than $50,000.
r
Revised.
Treasury Bulletin
16
TRUST AND OTHER TRANSACTIONS.
Table 9.- Federal Disability Insurance Trust Fund
f
17
February 1967
TRUST AND OTHER TRANSACTIONS
Table
11.
Federal Supplementary Medical Insurance Trust Fund
-
(
Expenditures other than investments
Receipts
Fiscal year
or month
1967 (Est.).
1968 (Est.).
1966- July...
Aug
Sept..
.
Oct
Nov.
Dec
1967- Jan
Feb
Mar.
.
.
.
Federal
contributions
Total 1/
1,256.0
1,329.4 2/
623.0
634.0
50.2
60.0
50.5
50.2
59.9
50.4
60.1
59
i.e.2
55.3
47.9
53.5
324.4
321.6
.'7
In millions of dollars
b23.0
634.0
Interest
Total
investments
996.0
1,294.9 2/
10.0
13.4
Benefit
payments
7.2
7.7
6.7
41.1
47.7
30.4
41.1
88.9
119.2
44.3
73.4
117.7
-3.2
15.5
1.5
26.0
2.7
-20.9
145.3
148.0
127.1
141.9
131.5
118.9
3.3
16.4
8.3
127.1
127.1
118.9
3.3
1.9
4.6
20.1
13.4
34.0
24.9
34.9
assets
Unexpended
balances
260.0
294.5
1.8
45.6
76.2
48.2
9.1
10.7
28.0
2.8
197.2
127.9
69.4
.4
.4
Investments
(-), in
260.0
294.5
135.0
126.7
9.1
Construction
260.0
34-5
861.0
1,121.0
12.3
.1
.2
Administrative
expenses
Assets, end of period
increase,
or decrease
3.8
.
Apr ....
May ....
June.
.
1967 to date
Source:
2/
1/
2/
»
See Table 1.
Includes nominal amounts of other receipts.
Includes $48.0 million for proposed increase in contribution income.
Table 12.
-
Includes $43.5 million for proposed increase in benefit payments
and administrative expenses.
Less than $50,000.
Railroad Retirement Accounts
(In millions of dollars)
5
.
6
3
Treasury Bulletin
18
TRUST AND OTHER TRANSACTIONS
Table
13.
-
Unemployment Trust Fund
tin millions of dollars)
Expenditures other
than investments
Receipts
State
accounts
Fiscal year
•or month
1/
Deposits
by
States
Employment Security
Administration
Account 2/
Appropriations
Advances
from
general
fund
Federal
Unemployment
Account
Employment
security program
Ra ilroad unemployment insurance
Employment security program
Federal
Extended
Compensation
Account
V
Railroad Unemployment
Insurance Account 6/
Deposits Advances fromby
Railroad Railroad
Retire- RetireGeneral
ment
ment
fund
:counts
Board
Administration
fund j/
Deposits
by
Railroad
Retirement
Board
Interest
and
profits
on
investments
Total
8./
EmployState
ment
accounts Security
Adminis1/
tration
Account
2/
Withdrawals
jrants
by
states
1936-57
1958
1959
1960
1961
1962
1963
1964
1965
1966
27,362.8 10/23,083.
1,500.7
1,855.5
1,700.6
1,997.4
2,167.0
2,703.3
3,803.3 11/ 2,398.1
2,728.6
3,985.4
4,260.7
3,008.9
4,288.3
3,042.4
4,132.2
3,051.5
4,126.2
3,067.2
1967 (Est.).
1968 (Eat.).
1966-Jan
Feb
Mar
Apr.
.
.
May
June.
.
July.
.
Aug
Sept...
Oct
Nov.
Dec
.
.
303.3
33.5
2.6
344.4
452.6
945.4
846.6
11/
498.1
332.9
2.4
51.5
34.9
-31.9
614.9
561.0
582
4,145.7
4,234.6
3,000.0
3,000.0
179.1
596.5
72.8
72.4
315.6
29.8
74.5
465.5
6.3
194.9
946.0
171.7
172.7
923.9
26.6
3.5
1.8
1.3
179.3
824.9
85.3
138.8
760.3
18.2
1.0
1.0
151.7
524.1
238.2
90.6
463.0
21.6
.9
,1-5
3,769.5
590-
.9
.5
.4
24.0
-210.2
1,165.8
90.4
102.0
153.0
152.7
147.1
149.8
144.1
142.8
139.1
183.7
132.3
101.5
37.7
35.2
53.2
40.9
135.9
135.0
39.0
39.0
7.9
13.0
7.0
-.6
3.6
8.1
7.9
12.0
9.5
'-1
.
524.0
557.1
.2
17.7
2.6
7.4
5.2
.5
5.3
3.0
12.9
13.7
112.2
7.2
26.7
2.2
.6
5.2
5.4
3.3
247.0
263.1
350.5
233.3
205.9
222.3
44.2
82.4
164.
219.6
199.6
153.3
129.5
103.2
78.0
66.5
16.3
2.0
162.6
193.3
1?1.1
110.1
145.3
106.7
46.7
40.7
40.2
12.7
14.5
139.9
137.3
192.0
228.1
93.5
144.9
161.5
37.3
37.6
.4
.?9.6
.5
41.5
37.4
45.1
2,554.6 13^ 1,809.7
2,534.1
1,764.1
379.3
461.3
4
3.5
38.7
36.4
35.2
375.0
467.6
336.4
412.7
399.4
476.6
9.1
9.0
2.1
.2
.5
29.2
States
2,703.1 18,304.9 12/17,007.9
230.9 3,148.0
2,926.4
186.9 3,053.9
2,796.9
188.1 2,736.4
2,366.3
204.5 4,733.7 11/ 3,552.0
172.6 3,906.4
2,818.8
191.1 3,815.5
2,810.2
212.6 3,706.6
2,703.3
255.3 3,130.0
2,389.6
308.7 2,687.0
1,974.0
2.6
31.9
•
to
.3
.3
35.1
1936 to date
13/
60,518.
3J^ 3
833.5
**5o.^
oOl.O
19.
7D.b
4,839.8 50,317.2
42,107.8 2,705.3
February 1967
19
Treasury Balletin\
20
TRUST AND OTHER TRANSACTIONS
Table
15.
-
Investments of Specified Trust Accounts in Public Debt and Agency Securities
by Issues, as of December 31, 1966
February 1967
21
.CONSOLIDATED CASH TRANSACTIONS.
Consolidated cash transactions reported in the Treasury
from expenditures currently, but are added later when actual
Bulletin are on a basis consistent with Federal receipts from
payments are made.
and payments to the public as derived in the Budget of the
accrued on the public debt and expenditures involving the
United States (in the Budget for 1968 in Special Analysis A).
issuance of a few special public debt securities.
Shown also is the amount of net cash borrowing from, or repay-
ment of borrowing to, the public.
Revisions of the figures
These items consist of certain interest
Checks
outstanding, deposits in >,ransit, and other clearing accounts
are excluded from payments.
Receipts from the exercise of
for earlier years have been made where necessary to make them
monetary authority are excluded as not representing cash
as nearly comparable with current Budget classifications as
received from the public.
available data will permit.
For this reason certain of the
public includes net borrowing by the Treasury through public
figures differ somewhat from those published in previous
debt transactions and also net borrowing by Government agencies
Budget documents as well as in the Bulletin.
and Government-sponsored enterprises through sales of their
This series of cash transactions Is designed to provide
information on the flow of money between the public and the
own securities.
o
Federal cash borrowing from the
It excludes changes in the public debt which
not represent direct cash borrowing from the public.
The
Federal Government as a whole, and therefore includes trans-
net effect of all these transactions with the public is re-
actions not cleared through the account of the Treasurer of
flected in changes in the balance in the Treasurer'
the United States.
Receipts and payments include transactions
both in administrative budget accoxints and in trust and deposit
s
account
and in cash held outside the Treasury.
Seasonally adjusted summary data are shown in table
3.
Major intragovernmental transactions which are
The adjusted data have been derived by applying a seasonal
reported as both expenditures and receipts are excluded from
adjustment formula developed by the Bureau of Census, Depart-
fund accounts.
both.
Noncash items representing the obligations of the
Government to make payments in the futxire also are eliminated
ment of Commerce.
)
,
Treasury Bulletin
22
.CONSOLIDATED CASH TRANSACTIONS.
Table
1.
-Summary
of Federal
Government Cash Transactions with the Public
(In millions of dollars)
Intragovern-
Fiscal year
or month
Administrative budget
receipts
(net)
Trust
receipts
(net)
raental and
other
noncash
transactions
(See Table 2)
Federal payments to the public
Less:
Federal receipts from the public
Total
Federal
receipts
from the
public
Administrative budget
expenditures
Trust
expenditures (net)
1/
(net)
Equals:
Excess of cash
receipts from,
or payments
to {-), the
public
Intragovernmental and
other
noncash
transactions
(See Table 2)
Total
Federal
payments
to the
public
-3,222
-5,111
-3,423
-4,766
-5,266
-5,436
-6,237
-3,749
-4,026
83,472
94,752
94,328
99,542
107,662
113,751
120,332
122,395
137,817
-1,580
-13,092
750
-2,300
-5,797
-4,012
-4,802
-2,696
-3,337
1958
1959
1960
1961
1962
1963
1964
1965
1966
68,550
67,915
77,763
77,659
81,i09
86,376
89,459
93,072
104,727
16,153
16,7c«
20,342
23,583
24,290
27,689
30,331
31,047
34,853
-2,811
-3,025
-3,027
-4,001
-3,834
-4,326
-4,259
-4,420
-5,100
81,892
81,660
95,078
97,242
101,865
109,739
115,530
119,699
134,480
71,369
80,342
76,539
81,515
87,787
92,642
97,684
96,507
106,978
15,325
19,521
21,212
22,793
1967 (Est.)
1968 (Est.)
116,995
126,937
44,898
-7,231
-6,973
154,662
168,106
126,729
135,033
40,882
U,507
-6,752
-7,137
160,859
172,403
-6,197
-4,297
6,453
8,335
11,297
9,929
8,452
17,151
951
4,181
2,745
2,215
5,812
4,796
-313
-116
-238
-290
-348
-1,556
7,091
12,400
13,804
11,853
13,916
20,391
8,809
8,156
10,193
8,362
9,055
9,439
3,048
2,621
2,996
3,335
3,632
3,531
-624
486
-1,103
-372
134
-918
11,233
11,264
12,086
11,325
12,821
12,053
-4,142
1,136
1,718
528
1,095
8,338
5,702
7,197
12,475
5,811
7,394
10,606
2,837
4,973
2,681
2,069
3,717
3,033
-436
-407
-408
-357
-413
-794
8,103
11,764
14,748
7,523
10,698
12,845
10,263
11,042
11,883
10,977
10,386
9,512
3,642
2,627
2,655
2,684
2,617
3,403
-978
1,537
-1,388
-1,056
651
-370
12,927
15,206
13,150
12,604
13,654
12,545
-4,824
-3,4i2
1,598
-5,080
-2,955
299
9,386
2,612
-748
11,251
9,987
2,673
-1,019
11,641
-390
21,923
-3,562
76,932
74,050
20,300
-2,624
91,726
-14,794
1966-January
February
March
April
May
June
July
August
September
October
November
December
1967-January
Fiscal 1967 to date.
48,
58,571
U2
Plus:
25,
Cash borrowing from the public, or repayment (-)
Change in securities held by the public
Fiscal year
or month
Public
debt increase, or
decrease (-)
Net sales and
redemptions
of Government agency
securities in
market 2/
Net investments
in public
debt and
agency
securities
V
Total
securities
held by
the public,
increase, or
increase
decrease (-)
1958
1959
1960
1961
1962
1963
1964
1965
1966
5,816
8,363
1,625
2,640
9,230
7,659
5,853
5,561
2,633
400
1,293
1,746
-537
1,780
1,022
1,880
1,372
4,077
-597
1,130
-925
-855
-493
-2,069
-2,775
-2,356
-3,562
5,619
10,785
2,446
1,248
10,517
6,612
4,958
4,578
1967 (Est.)
1968 (Est.)
6,872
8,070
3,898
1,853
-8,600
2,170
-'5,523
4,40'^
1,099
1,308
-2,312
-1,416
2,777
-2,452
265
260
341
732
1,070
813
1,897
-1,749
-627
333
-3,103
2,523
-92
297
470
22
130
-55
767
-450
76
477
8,962
1,705
-2,893
1966-January
February
March
April
May
Jxine
July
August
September
October
November
December
1967-January
Fiscal 1967 to date
5,U1
328
2,U0
Ul
26,545
28,885
29,637
34,864
-2
1,170
-4,023
-2,319
-U2
698
-989
-166
Noncash
debt
transactions
(See Table 2)
Total
cash
borrowing
from the
public,
or repayment -
Equals : Cash balances
net increase, or
decrease (-)
Plus:
Seigniorage
Treasurer's
account
i/
(
200
-2,160
-597
-536
-923
-1,033
-1,099
-250
-530
9,594
5,579
3,859
4,328
2,618
117
649
-496
-629
1,674
3,770
3,261
-181
-1,973
486
-177
-3,958
-84
-74
50
3,177
-255
-1,924
486
-243
-3,913
2
-65
2,507
207
2,969
1,479
89
77
78
508
-130
-118
-34
-134
267
2,935
1,345
776
71
77
78
-4,613
-850
1,666
-2,194
-1,618
1,213
102
249
351
63
158
7,774
35
7,810
464
-6,238
3,
US
»
-66
45
5,820
8,626
1,848
712
-63
2,377
Cash held
outside
the
Treasury
Total
changes
in the
cash
balance
4,159
-4,399
2,654
-1,311
3,736
1,686
-1,080
1,575
-203
140
-23
-4
-222
118
-74
206
174
132
4,299
-4,422
2,651
-1,533
3,854
1,611
-874
1,749
-71
1,098 5/
527 5/
-3,407
-13
-3,425
60
48
71
66
94
-1,076
973
-224
453
1,370
4,330
171
59
U
53
55
58
45
69
U3
21
February 1967
23
_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/
Interest
on trust
fund
investments
Fiscal year
or month
1958
1959
1960
1961
1962
1963
196^
1965
1966
1967 (Est.)
1968 (Est.)
,
Payroll
deductions
for employees
6b0
l,3A2
1,315
1,327
l.AOi
l,i23
1,467
1,603
1,759
1,894
9U
9U
75
54
74
102
88
973
1,042
1,088
973
1,042
1,089
83
102
124
2,253
2,670
1,131
1,131
1,131
1,131
204
103
86
100
103
1966- January
February
March
April
May
69
11
i2
6i
1,168
June
July
August
September
October
November
December
6
7U
838
845
838
845
46
67
456
15
192
2
101
87
Noncash
debt
transactions
relating
to receipts
Seigniorage
2/
Total
receipts
adjustments
Other 2/
Total
133
103
105
792
561
898
559
357
256
2,751
2,980
2,975
3,945
3,776
4,281
4,190
4,303
4,451
117
649
2,311
3,025
3,027
4,001
3,834
4,326
4,259
4,420
5,100
1,453
1,319
6,159
6,454
,072
519
7,231
6,973
37
-191
-50
10
253
68
166
224
254
1,413
60
48
71
66
U3
313
116
238
290
348
1,556
21
77
78
71
77
78
436
407
408
357
413
794
37
17
10
V
59
44
53
55
58
45
69
85
101
27
101
30
6
9.?
3
94
91
99
94
11
59
416
330
330
286
336
716
113
113
18
424
684
63
748
689
81
962
3,098
464
3,562
Checks
outstanding
and
certain
other
accounts 10/
Total
payments
adjustments
93
101
98
91
9Q
15
1967- January
579
744
7U
7U
101
72
Fiscal 1967 to date.
Employers
share
Federal
payments
to District
of Columbia
676
10
16
195
50
117
49
67
8
5
94
Noncash debt transactions relating to payments
Fiscal year
or month
1958
,751
,^S0
,975
,945
,776
,281
,190
,303
1959
1960
1961
1962
1963
1964
1965
1966
451
1967 (Est.)
1968 (Est.)
1966-January
February
March
April
May
June
July
August
September
October
N vember
December
1967- January
Fiscal 1967 to date.
1/
2/
3/
4/
i/
Intragovernmental
transactions
(See
above
Interest
increment
on savings
and retirement plan
bonds
(net) 5/
Discount
on
securities
(net) 6/
385
-131
383
136
418
205
-209
430
496
InterAmerican
Development
Bank 7/
International
Development
Association
2/
1,060 11/
630 11/
253
68
166
224
254
1,413
66
66
-1
21
37
68
416
330
330
286
336
716
96
34
48
27
67
42
139
70
174
77
27
684
83
14
3,098
397
510
International
Monetary
Fund 7/
66
11
-39
70
25
14
13
-18
-4
-74
-450
1,361
259
258
171
255
117
-472
-133
-38
-132
-64
-330
58
=8
U5
119
268
144
225
577
611
571
571
,159
,454
United
Nations
funds
bonds
7/
56
39
-18
-U
-18
11
29
-96
-12
-10
-16
-25
-13
-19
8
Beginning with fiscal 1958 excludes District of Columbia.
Includes mainly, general fimd advances to trust funds (net), dividends
and interest paid to the Treasury by trust enterprise funds, adminlstrative expenses of the Federal Old-Age and Survivors, Federal
Disability, and Federal Hospital insurance trust funds, the Federal
contribution to the Civil Service Retirement Fund and the Federal
payments for military service credits.
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.
Beginning fiscal 1961 includes temporary extended unemployment compensation payments.
Accrued Interest on the bonds, i.e. the difference between the purchase
6/
7/
8/
2/
10/
11/
»
-200
2,160
597
536
923
132
6
18
1,033
1,099
250
531
186
38
110
-50
-1
496
630
84
74
-50
«
66
-45
93
76
576
-105
-281
279
548
-64
910
-913
-906
°7
53
603
-801
548
437
-533
-682
-316
172
438
-290
79
232
3,222
5,111
3,423
4,766
5,266
5,436
6,237
3,749
4,026
6,752
7,137
624
-486
1,103
372
-134
918
-337
37
-146
-1,337
351
255
-471
-115
-326
-249
650
-66
1,019
-731
-35
1,091
-1,529
2,624
-25
-59
-4
-3
-2
-2
-1
-1
-1
-1
-1
644
-660
-10
-132
8/'
Accrued
interest
on the
public
debt 2/
65
130
118
34
134
-267
-5
-38
-122
Other
Total
noncash
debt
transactions
relating to
payments
589
481
-649
978
-1,537
1,388
1,056
-651
370
price and the current redemption value less interest paid on bonds
redeemed.
Discount on securities at time of issuance less interest paid at time
redeemed.
Treated as noncash expenditures at the time of issuance of the securities
and as cash expenditures at the time of their redemption; net issuance,
or redemptions (-).
Includes adjusted service and armed forces leave bonds (see footnote 7).
Net increase, or decrease (-), in accrued liability.
Net increase, or decrease (-), in checks outstanding, deposits in transit,
and other accounts.
Not shown separately in the Budget dociament.
Less than $500,000.
Treasury Bulletin
2A
.CONSOLIDATED CASH TRANSACTIONS.
Table
3.
-
Federal Receipts from and Payments to the Public
Seasonally Adjusted and Unadjusted
(In millions of dollars)
Excess of Receipts
or Payments (-)
Payments to the Public
Receipts from the Public
Calendar quarter
Adjusted
1958 - 1st.
2nd.
3rd.
4th.
20,509
20,088
20,299
1959 - 1st.
2nd.
3rd.
4th.
Unadjusted
Adjusted
Unadjusted
Adjusted
Unadjusted
19,626
21,840
23,734
23,750
-143
-1,208
-3,142
-2,968
3,99a
1,379
-5,460
-7,132
-3,802
-3,039
-732
-40
-136
-362
-3,011
-4,497
23,618
23,219
13,274
16,618
20,652
21,296
20,222
20,923
23,273
23,474
22,628
21,364
19,420
24,024
23,962
24,005
23,
5U
22,764
24,503
24,375
23,917
1st.
2nd.
3rd.
4th.
23,667
24,701
25,034
24,665
25,776
28,519
23,352
20,640
23,233
23,635
23,682
24,105
21,958
24,079
24,156
24,540
434
1,066
1,352
560
3,818
4,440
-804
-3,900
1961
1st.
2nd.
3rd.
4th.
23,227
24,614
24,783
25,298
24,758
28,491
23,381
21,289
24,802
27,025
26,117
26,628
23,402
27,444
26,715
27,173
-1,575
-2,411
-1,329
-1,330
1,356
1,047
-3,334
-5,884
1962
1st.
2nd.
3rd.
4th.
24,971
26,652
27,434
27,262
26,21/.
30,981
26,029
22,982
27,540
27,498
27,795
28,954
25,923
27,851
28,502
29,599
-2,569
-846
-361
-1,692
291
3,130
-2,473
-6,617
1st.
2nd.
3rd.
4th.
27,069
27,911
28,699
29,113
28,178
32,551
27,304
24,543
28,209
23,847
30,127
29,881
26,519
29,130
30,952
30,619
-1,U0
-936
-1,428
-763
1,657
3,420
-3,648
-6,077
1st.
2nd.
3rd.
4th.,
29,251
28,582 1/
28,401
28,847
30,321
33,362
27,035
24,312
30,597
29,815
30,039
29,823
23,706
30,054
30,913
30,599
-1,346
-1,233
-1,638
-981
1,615
3,309
-3,877
-6,287
1965 - 1st.
2nd.
3rd.
4th.
29,724
32,646 1/
30,646
30,685
30,669
37,683
29,175
25,849
30,165
32,395
31,104
33,098
28,270
-441
251
-1,458
2,398
5,069
-3,910
-3,101
1966
33,684
39,649 1/
36,339
36,802
33,295
46,160
36,908
35,983
40,041
37,820
34,583
36,199
41,282
38,803
1960
•
1963
1964
1st.
2nd.
3rd.
4th.
24,
34,
Ul
6H
31,066
23,
Ul
23,412
32,
6U
33,085
33,951
.
-2,a3
-3,224
3,666
-3,702
-1,018
-1,288
9,962
-6,663
-7,736
Source:
1/
Adjusted data from Bureau of the Budget; unadjusted
data from
Treasury Department.
Includes accelerated corporate tax payments for
1964, 1965, and 1966.
Also,
in 1966 includes initiation of grndusted
withholding of persons
income taxes and adjustement for the change in
the schedule for
depositing withheld and OASI taxes.
February
25
1967
.ACCOUNT OF THE TREASURER OF THE UNITED STATES.
Source and Availability of the Balance in the Treasurer's Account
The account of the Treasurer of the United States re-
the same bank.
On occasions, to the extent authorized by the
flects not only budget receipts and expenditures but also
Treasury, banks are permitted to deposit in these accounts
deposit fund, and public debt transactions.
proceeds from subscriptions to public debt securities entered
trust,
The working cash of the Treasury Is held mainly In
for their own account as well as for the account of their
Treasurer's accounts with Federal Reserve banks and branches.
As the balances in these accounts become depleted,
customers.
they are
The tax and loan account system permits the Treasury to
restored by calling in (transferring) funds from the tax and
leave funds in banks and in the communities in which they arise
accounts with thousands of commercial banks throughout
until such time as the Treasury needs the funds for its opera-
[loan
[the
country.
Deposits to tax and loan accounts occur in the normal
effect of its fluctuating operations on bank reserves and the
course of business under a uniform procedure applicable to all
economy.
banks whereby customers of banks deposit with them tax pay-
A detailed description of the Treasury's depositary system
ments and funds for the purchase of Government securities.
In most
In this way the Treasury is able to neutralize the
tions.
may be found in the Annual Report of the Secretary of the
cases the transaction Involves merely the transfer of
Treasury for 1955, pages 275-28^.
money from a customer's account to the tax and loan account in
Table
1. -
Status of the Account of the Treasurer of the United States
(In millions of dollars)
Assets
Treasury operating balance
End of
fiscal year
or month
Available
funds in
Federal
Reserve
Banks
Tax and loan
accounts in
special
depositaries
8,218
Gold
balance
in
Treasury
Total
operating
balance
9,u30
1966- January.
.
February.
March
April
I
l^ay
June
July
August ....
September
October.
November.
December.
.
,1967-January.
.
823
805
521
512
902
766
3,360
4,399
4,444
4,491
6,003
10,050
105
105
108
105
102
102
1,6U
4,0U
760
809
299
il6
6,415
4,181
3,041
4,096
102
112
112
113
125
118
813
3,687
111
1,232
5,147
365
429
375
335
303
342
234
233
370
4^
313
360
320
252
5,451
8,092
6,769
10,509
12,116
11,036
12,610
12,407
240
100 2/
9,749
5,350 2/
8,005
6,694
10,430
12,116
11,036
12,610
12,407
129
247
257
6.582
6,582
4,288
5,309
5,074
5,107
7,007
10,917
586
586
570
572
612
775
89
234
216
217
647
310
281
236
347
212
252
5,506
6,479
6,255
6,708
8,077
12,407
5,506
6,479
6,255
6,708
8,077
12,407
275
209
208
239
207
187
183
274
275
7,794
6,944
8,610
6,417
4,799
6,011
6,170
7,794
6,481
5,740
7,287
5,103
3,465
4,629
4,612
772
107
1,1965.
9,990
287
273
337
222
1/
558
4,577
1964.
Total
assets
5,392
708
1962.
|i963.
Reserve
In other
Banks in
depositaries
process of
collection
93
p.965-December .
111961.
etc.
Balance in
account of
Treasurer
of United
States
534
775
11966.
5,°6°
9,548
11,251
10,238
11,469
10,917
a960.
3,7U
Unclassified
collections,
Liabilities
145
806
939
672
766
6,458
5,453
8,815
10,324
9,180
10,689
10,050
535
50i
408
612
In Federal
49
63
58
64
70
74 2/
58
401
101
106
109
121
120
120
108
102
1958.
1959.
Silver
balance,
coinage
metal,
coin, and
currency
306
253
17Q
4,.^''0
7,0ij3
U7
136
55
87
158
34
64
93
102
69
30
42
42
45
751
782
839
845
879
910
182
370
230
176
273
225
260
87
75
79
6,9U
8,610
6,417
4,799
6,011
6,170
J_
Daily Treasury statement.
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."
Treasurer's checks outstanding are included
shown under assets.
ISource:
1/
I
J
!
l|
,1
2/
the balance in
through June 1958, after which they are included in
(See footnote 2).
the Treasurer's account.
reduced when
Through June 1958, the balance of the Treasurer was
checks was
Treasurer's checks were issued and the amount of the
the balance
carried as a liability until paid. Effective July 1958,
procedure also applying
is not reduced until the checks are paid, a
officers
checks drawn on the Treasurer by Government disbursing
to
and agencies.
j •*
^,
items
uncollected
Amounts shown, beginning January 1963, are net of
liabilities.
under
included
were
items
these
exchanges, etc. Previously
u.
3/
..
Treasury Bulletin
26
-ACCOUNT OF THE TREASURER OF THE UNITED STATES.
Table
2.
-
Analysis of Changes in Tax and Loan Account Balances
(In millions of dollars)
Balance
Proceeds from sales of securities 1/
Fiscal year
or month
Savings
bonds
Retirement
plan
bonds 2/
Tax
anticipation
securities
2,82i
2,668
2,679
2,787
2,725
2,699
2,760
2,635
2,70i
2,922
7,581
7,784
7,613
5,898
2,963
2,3iO
7,368
985
June
261
218
265
2i6
2i2
232
July
August.
September
October.
November
December
2^2
238
216
216
213
227
1958
1959
1960
1961
1962
1963
1964
1965
1966
19 66- January.
February.
March.
dpril
.
.
ttey
.
19 67 -January.
Other
During period
Taxes
Withheld
and
excise
^
Income (by
special
arrangement) 4^'
7,903
5,919
6,053
9,142
6,521
6,835
9,921
12,598
1,627
27,881
29,190
33,059
34,511
37,519
41,267
43,580
42,475
48,478
1,627
1,U7
53
13,513
13,164
7,920
1,788
3,774
3,830
2,0U
5,721
5,133
1,256
6,540
7,158
2,911
3,392
1,173
280
Source: Office of Fiscal Assistant Secretary; figures are on basis of
telegraphic reports.
1/ Special depositaries are permitted to make payment in the form of a
deposit credit for the purchase price of U.S. Government securities
purchased by them for their own account, or for the account of their
customers who enter subscriptions through them, when this method of
payment is permitted under the terms of the circulars inviting subscriptions to the issues.
Retirement plan bonds first offered for sale as of January 1, 1963.
1} Taxes eligible for credit consist of those deposited by taxpayers in
the depositary banks, as follows: Withheld income tax beginning
4,470
5,555
5,461
4,153
5,197
5,359
4,761
4/
*
U,522
2,193
2,612
743
2,626
128
Total
credits
Withdrawals
End of
period
High
55,044
58,520
57,496
55,842
56,438
57,595
58,277
60,050
74,699
50,908
62,994
54,782
56,847
53,076
56,085
59,421
58,540
75,338
4,374
5,939
7,591
5,591
4,900
7,546
4,067
6,013
4,1U
7,526
10,016
5,969
Low
Average
1,078
912
1,390
1,161
1,531
2,535
1,577
3,24':
6,458
5,453
8,815
10,324
9,180
10,689
10,050
8,869
8,055
6,458
7,653
8,889
10,324
10,257
10,872
11,274
447
4,747
5,431
4,324
3,360
4,399
4,444
4,491
6,003
10,050
4,581
4,856
5,101
4,491
6,715
10,050
1,374
2,382
1,002
447
4,347
1,700
3,120
3,630
3,252
2,269
5,677
4,812
5,U7
4,0U
5,U7
8,218
3,7U
1,8U
3,638
4,10T
4,151
4,457
5,32J
2,030
4,840
8,704
10,161
7,865
6,583
7,617
9,743
9,838
7,759
10,099
7,723
6,562
6,415
4,181
3,041
4,096
9,979
5,905
6,415
5,310
3,668
4,724
2,286
1,513
1,674
1,356
710
6,917
4,04°
3,477
3,97?
2,604
2,464
101
5,142
5,551
3,687
4,202
1,733
3,138
4,483
103
March 194-8; taxes on employers and employees under the Federal Insurance Contributions Act beginning January 1950, and under the Railroad
Retirement Tax Act beginning July 1951; and a number of excise taxes
beginning July 1953Under a special procedure begun in March 1951j 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 periods of heavy tax payments.
Less than $500,000.
1967
February
27
JVCCOUNT OF THE TREASURER OF THE UNITED STATES.
Table
3.
-
Summary
Cash Transactions through the Account of the Treasurer
of
of the United States
(In millions of dollars)
Net cash transactions other than borrowing
Fiscal year
or month
Deposits and withdrawals (budget,
trust, and other accounts)
Cash
deposits
Cash withdrawals 1/
Clearing
accounts
Excess of deposits,
or withdrawals (-)
-2,^21
-12,124
Ul,095
85,015
93,736
93,817
97,774
112,188
118,477
124,047
126,395
142,191
7,748
14,004
13,881
11,720
16,261
19,205
Total net
transactions
Plus: Net cash borrowing, or repayment of
borrowing (-)
Equals: Treasurer's
account balance, increase, or decrease (-
-877
-6,278
-4,023
-2,485
-931
-1,095
1,827
-306
309
-510
1,259
1,039
-1,491
-584
-1,075
-1,094
-12,430
1,353
-1,387
-5,018
-2,984
-3,975
-1,515
-2,171
5,253
8,032
1,301
76
8,755
4,670
2,895
3,089
1,968
4,159
-4,399
2,654
-1,311
3,736
1,686
-1,080
1,575
-203
10,731
12,821
12,280
11,007
14,874
10,964
-2,984
1,184
1,601
712
1,387
8,242
-1,228
80
263
-847
342
293
-4,212
1,264
1,864
-134
1,729
8,535
3,136
-291
-2,089
587
-359
-4,204
-1,076
973
-224
453
1,370
4,330
9,029
13,207
15,110
8,455
11,791
13,288
12,557
-8U
-4,372
-3,670
12,061
-3,528
-4,240
2,055
-5,490
-3,182
1,227
-793
1,635
-5,179
-2,838
434
-241
2,820
31
2,985
1,220
778
-4,613
-850
1,666
-2,194
-1,618
1,213
1967- January
11,750
12,916
-1,166
1,075
-92
250
158
Fiscal 1967 to date.
82,630
96,953
-U,323
242
-14,081
7,843
-6,238
82,09/1
1958.
1959.
1960.
1961.
1962.
1963.
196i.
1965.
1966.
81,612
94,862
96,897
105,911
121,562
125,464
1966- January
February.
March. .
April. .
May
June
.
.
.
July
August.
September.
October. .
November
December.
.
.
.
17,
U7
13,055
13,9U
U,973
1,0U
Actual figures are based on the daily Treasury statement. Figures
in the first four columns of this table may differ somewhat from those
originally published in the daily Treasury statement because of subsequent reclassification of certain transactions.
Source:
Table
4.
-
Gold Assets and
570
-420
310
3U
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.
Liabilities of the
Treasury
(In millions of dollars)
End of calendar year or month
Gold assets 1/
Liabilities:
Gold certificates,
etc.
2/'
Balance of gold in
Treasurer's account
1958.
1959.
1960.
1961.
1962.
1963.
1964.
1965.
1966.
20,534.3
19,455.9 2/
17,766.6
16,889.0
15,978.1
15,513.0
15,387.7
13,733.2 4/
13,159.1
20,138.2
19,350.5
17,665.6
16,771.2
15,852.1
15,392.9
15,231.0
13,626.4
13,oa.3
396.1
105.4
101.0
117.8
126.0
120.1
156.7
106.8
117.8
1966-January.
February.
March.
April. .
May
June
13,732.2
13,730.2
13,633.5
13,632.0
13,532.2
13,433.5
13,627.6
13,625.3
13,525.0
13,527.2
13,430.5
13,331.7
104.6
104.9
108.5
104.7
101.6
101.8
13,331.5
13,259.0
13,258.3
13,256.6
13,159.1
13,159.1
13,229.8
13,147.0
13,034.4
13,041.3
101.7
112.0
111.7
113.5
124.7
117.8
13,157.4
13,046.1
111.3
.
.
.
July
August. .
September.
October.
November.
December.
.
.
1967-January.
Circulation Statement of United States Money through 1965; daily
Treasury statement thereafter.
Treasury gold stock; does not include gold in Exchange Stabilization
See "International Financial Statistics," Table 1.
Fund.
Comprises (l) gold certificates held by the public and in Federal
Reserve Banks; (2) gold certificates credits in (a) the gold certificate fund - Board of Governors, Federal Reserve System, and (b) the
redemption fund - Federal Reserve notes; (3) reserve of $156.0 million
against "nited States notes and through June 30, 1961, Treasury notes
Source:
1/
2/
2/
4/
13,U6.6
13,U3.1
of 1890; and (4) gold deposited by and held for the International
Monetary Fund.
The United States payment of the {343.8 million Increase in its gold
subscription to the International Monetary Fund, authorized by the
act approved June 17, 1959 (22 U.S.C. 286e) was made on June 23, 1959.
The United States payment of the $258.8 million increase in its gold
subscription to the International Monetary Fund, authorized by
(79 Stat. 119) was made on June 30,
P.L. 89-31, approved June 2, 1965
1965.
...
.
Treasury Bulletin
28
MONETARY
Table
1.
STATISTICS.
Money
-
in Circulation
(In millions of dollars except per capita figures)
Currencies presently
being issued 1/'
Currencies no longer issued
End of
fiscal year
or month
Federal
Reserve
bank
notes
.
1966- January
February.
March
April
May
June
.
.
July
August.
September.
October.
November .
December.
.
.
.
Silver
certificates
Federal
Reserve
notes
^
299
34,573
13
651
299
36,973
13
13
13
13
13
629
619
609
597
591
582
291
4
23
13
66
22
66
66
65
65
65
64
22
22
22
22
22
21
64
64
64
63
63
63
21
21
21
21
21
21
4
4
4
53
37
36
22
21
Federal
Reserve
notes 4/
1,232
829
582
56
54
United
States
notes
26,304
26,992
27,057
27,316
28,586
30,274
32,338
34,820
37,315
4
5"
Treasury
notes of
1890
317
316
318
318
318
319
321
302
303
37
37
37
36
36
196i-December.
1965-December
Gold
certificates 2/
2,200
2,155
2,127
2,094
2,009
1,847
1,723
120
110
100
92
85
78
73
68
64
1958
1959
1960
1961
1962
1963
1964
1965
1966
National
bank
notes
32
31
30
30
29
20
19
13
4
4
4
4
575
570
566
564
561
558
l:?
1
February 1967
29
DEBT OUTSTANDING.
Table
1.
-
Summary
of Federal Securities
(In millions of dollars)
Total outstanding
End of
fiscal year
or month
Total 1/
27b,JM.
Public
debt 2/
240
444
607
813
590
462
320,904
455
316,963
322,419
323,746
321,454
320,051
322,825
320,369
322,003
323,311
320,999
319,583
322,359
319,907
416
319,768
324,904
325,250
327,387
329,906
329,814
319,280
324,420
324,748
326,888
,
.
1967- January.
.
329,370
101
110
139
Special notes to
International
Monetary
fund
Total
3,6U
64
125
150
150
132
278
3,470
100
150
4,404
4,391
4,417
4,364
4,432
4,476
230
246
245
197
233
308
3,558
3,548
3,592
3,597
3,627
82
32
142
3,6U
64
64
64
64
4,401
4,724
4,735
4,583
4,554
4,298
4,400
4,724
4,734
4,587
4,553
4,298
202
286
263
251
215
266
3,680
3,923
3,958
3,964
3,976
3,669
45
45
45
25
25
25
3,929
3,929
?43
3,343
605
812
589
460
316,515
453
4,391
4,389
318,012
319,354
317,036
315,686
318,392
315,892
317,599
318,921
316,582
315,219
317,927
315,431
413
433
454
467
464
460
4,407
4,392
4,418
4,366
4,433
4,477
315,368,
329,411
329,319
489
484
502
498
495
495
320,179
320,515
322,798
325,352
325,516
314,830
319,697
320,014
322,301
324,858
325,021
488
483
501
497
494
494
328,869
501
325,442
324,941
501
435
456
468
466
462
240
444
InterAmerican
Development Bank
58
115
129
142
138
597
476
UO
International
Development
Association
618
1,979
2,238
2,496
2,667
2,922
3,289
3,167
1,646
2,?73
3,t»0
3,299
3,759
3,906
4,356
4,161
4,476
321,359
November
December.
Public
debt
Guaranteed
securities
2/4''
1,646
2,873
3,090
3,300
3,759
3,907
4,357
4,163
4,477
1965-December
July
August. . .
September.
October.
101
111
Total
274,698
281,833
233,241
285,672
294,442
301,954
307,357
313,113
315,431
276,343
284,706
286,331
288,971
298,201
305,860
311,713
317,274
319,907
28ii,817
.
Public debt
Guaranteed
securities
274,798
281,944
283,380
285,911
294,886
302,559
308,169
313,702
315,892
286,471
289,211
298,645
306,466
312,526
317,864
320,369
February.
March
April
May
June
Matured debt and debt bearing no interest
y
1958
1959
1960
1961
1962
1963
1964
1965
1966
19 66- January.
Irrterest-bearing debt
U5
349
433
310
295
292
303
55
Other
430
417
407
396
484
420
480
4U
359
391
Guaranteed
securities 2/
(matured)
.. ,
.
..
)
,
Treasury Bulletin
30
DEBT OUTSTANDING
Table
3.
-
Interest-Bearing Public Debt
{In millions of dollars)
Public issues
End of
fiscal year
or month
Total
interestbearing
public
debt
Total
public
issues
Bills
Total
104,171
103,155
103,126
103,083
102,011
101,897
55,587
50,650
45,902
45,912
45,565
48,267
48,271
48,276
54,931
57,936
58,341
62,254
63,864
64,684
1,652
7,006
7,005
7,005
5,919
5,919
65,487
5,919
1966- January*
February.
March. ...
April
May
June
317,59°
318,921
316,582
315,219
317,927
315,431
273,243
273,139
270,623
270,298
269,122
264,311
217,656
217,690
215,150
215,004
213,764
209,127
61,589
62,002
59,481
59,477
59,454
54,929
July
August. .
September
October.
November.
December.
3H,880
322,301
324,858
325,021
264,184
266,462
266,946
270,413
272,308
273,028
209,108
211,402
211,771
215,313
217,239
218,025
324,941
273,689
218,796
1967-January.
50,324
50,244
50,881
50,891
50,793
50,647
50,649
60,177
320,0U
55,655
1,652
1,652
1,652
1,652
1,652
1,652
214,604
319,697
47,607
48,314
49,299
50,043
50,537
104,201
270,260
20,416
22,l6fl
52,
27,3U
51,483
56,257
65,464
U5
Source: Daily Treasury statement.
Includes $50 million of Panama Canal bonds for fiscal years 1958-60.
1/
2/ Consists of certificates of indebtedness, Treasury notes beginning
January 1963, and Treasury bonds beginning September 1964, sold to
foreign governments for U. S. dollars.
Table
4.
-
1958
1959
1960
1961
47,
5U
49
1,144
2,780
2,774
2,757
2,704
2,694
2,692
47
55,473
55,293
55,358
55,183
50,319
50,335
50,383
50,420
50,483
50,537
47
47
47
45
44
101,874
100,558
100,513
100,489
99,189
99,151
55,075
55,060
55,175
55,100
55,069
55,003
50,606
50,646
50,616
50,679
50,760
50,752
2,691
2,684
2,676
2,667
2,661
2,656
99,114
54,89<
50,809
2,651
2/
4/
U9
Within
1 year
1 -
5
years
5-10
years
years
93,396
60,602
June
96,461
94,226
91,704
91,820
92,231
89,136
July
August. .
September.
October. .
November.
December.
209,108
211,402
211,771
215,313
217,239
218,025
218,796
April
May
.
1967-January.
.
1,208
134
46,255
1,099
999
1,039
949
992
817
1,207
1,157
1,107
1,031
1,007
957
135
136
140
U,356
137
137
45,781
45,959
44,921
48,805
51,120
44
45
45
45
45
45
747
697
875
747
645
593
884
884
859
859
859
860
104
104
104
104
100
96
50,696
53,235
53,068
51,888
52,550
51,993
45
428
860
99
51,252
59
U3
Average length
10 - 20
217,656
217,690
215,150
215,004
213,764
209,127
Msirch
137
44,801
46,627
48,650
51,120
Ul
Maturity classes
Amount
outstanding
214,604
.
U,939
25
29
68
In million of dollars
27,652
21,625
12,630
10,233
9,319
8,360
8,355
1966-January.
February.
46,246
44,756
44,899
45,043
Consists of the dollar equivalent of Treasury certificates of
indebtedness and from October 1962 Treasury bonds issued and
payable in designated foreign currencies.
Includes Treasury bonds, Rural Electrification* Administration series
beginning July 1960; retirement plan bonds beginning January 1963;
Treasury certificates: and Treastiry bonds.
21,476
17,052
20,246
26,435
26,049
37,385
34,929
39,169
33,596
.
75
2,797
55,
4/
1<3
860
648
44
42,557
58,304
72,844
58,400
57,041
58,026
65,453
56,198
60,933
1965-December
sectiri-
Special
issues
Other
ties 1/
392
1,132
817
67,782
72,958
70,467
81,120
88,442
35,294
81,424
87,637
89,136
1962
Foreign
currency
series
630
832
1,137
957
166,675
178,027
183,845
187,148
196,072
203,508
206,489
208,695
209,127
1963
1964
1965
1966
Foreign
series
securities 2/
Maturity Distribution and Average Length of Marketable Interest-Bearing Public Dehtl/
(
End of
fiscal year
or month
Depositary
bonds
171
183
170
117
138
103
103
32,920
33,843
17,650
13,338
13,547
1,652
Treasury
bonds
investment
series
9,621
8,365
6,783
5,830
4,727
3,921
3,546
3,256
2,692
50,227
316,515
•
S.
savings
bonds
67,284
52,549
50,649
301,95i
307,357
313,113
315, i31
1965-Deoeinber
Total
51,984
50,503
47,544
406
017
415
723
036
230
740
665
929
294,W2
Notes
U.
Treasury
bonds 1/
61,777
59,050
54,497
53,481
53,431
53,645
54,240
55,768
55,183
166,675
178,027
183,845
187,148
196,072
203,508
206,489
208, &95
209,127
27i,698
281,833
283,241
285,672
Certificates
90,932
84,853
81,297
80,830
75,025
81,964
88,464
102,481
101,897
228,452
237,078
238,342
240,629
249,503
257,153
260,729
264,463
264,311
1958
1959
1960
1961
1962
1963
196i
1965
1966
Noninarke table
Marketable
20 years
and over
7,208
8,088
7,658
10,960
15,221
U,444
16,328
5 yrs.
4 yrs.
4 yrs.
yrs.
yrs.
yrs.
8,U9
17,2a
8,439
17,023
yrs.
yrs.
4 yrs.
35,013
8,U5
17,148
yrs.
60,608
62,893
64,306
64,076
62,453
60,933
35,013
35,008
33,607
33,603
33,600
33,596
8,4U
17,131
17,120
17,092
17,065
17,040
17,023
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
89,138
92,238
92,642
96,656
104,398
105,218
60,932
62,957
62,952
62,495
59,459
8,439
8,437
8,436
8,435
8,434
8,433
17,007
16,987
16,967
16,957
U7
33,592
30,783
30,774
30,771
28,008
28,005
16,923
yrs.
yrs.
yrs.
yrs.
4 yrs.
4 yrs.
106,021
59,434
28,002
8,432
16,908
4 yrs.
59,
Source: Office of Debt Analysis in the Office of the Secretary.
1/ All issues are classified to final maturity except partially tax-exempt
8,443
8,442
8,U1
8,U0
8,439
16,94'0
4
4
4
4
3 mos.
7 mos.
4 mos.
6 mos.
11 mos.
1 mo.
mo.
4 mos.
11 mos.
mo.
10
February 1967
31
DEBT OUTSTANDING.
Table
5.
-
Special Public Debt Issues to United States Government Investment Accounts
'In millions of dollars)
End of
..
.
;
Treasury Bulletin
32
DEBT OUTSTANDING
Table
6.
-
Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(in millions of dollars)
Housing and Urban
Development Department
Agriculture Department
End of
fiscal year
or month
Total
Agency
for
International
Development l''
Commodity
Credit
Corporation
Rxiral
Electrification
Administration
Secretary:
Farmers'
Home
Administration
progran'-s^
Export-
Import
Federal
Bank of
National
Secretary
WashMortgage
ington 4/
Associ1/
ation ^'
Other
4'
Saint
Lawrence
Seaway
Development
Corporation
Tennessee
Valley
Authority
Veterans'
Administration:
Direct
loan
Under
Defense
Production
Act
Other
8/
program
of lO'SO
7'
780
930
1,180
1,330
1,530
1,730
1,730
1,730
1,730
1,723
1,950
1,970
1,964
1,976
1,923
2,019
2,056
2,023
18
22
21
22
22
29
35
51
72
1,730
2,053
58
66
68
2/
1958
1959
1960
1961
1962
1963
1964
1965
1966
1965-Deceraber.
1966- January
February.
March
April
May
June
.
.
.
.
July
August
September.
October
November.
December.
1967-January
.
.
.
.
.
97
27
112
118
121
121
123
123
124
125
513
178
1,502
2,351
2,338
3,202
3,167
2,716
2,393
1,899
1,466
1,404
700
2,Q89
1,902
4,203
4,203
4,313
4,313
4,313
4,234
1,435
1,459
1,484
1,490
1,494
1,436
676
334
346
470
547
178
3,015
2,861
2,886
2,940
3,025
3,133
1,665
1,838
1,864
1,732
1,564
1,466
10
10
10
10
10
10
124
124
125
125
125
125
100
100
100
100
100
100
1,730
1,730
1,730
1,730
1,730
1,730
2,053
2,048
2,023
2,023
2,023
2,023
8,984
9,768
9,929
9,301
9,569
9,704
4,234
4,324
4,324
4,436
4,436
4,360
1,445
1,470
1,472
1,460
1,439
1,403
225
313
277
480
582
371
3,228
3,243
3,297
3,337
3,412
3,629
1,894
1,660
2,018
2,200
2,329
1,864
10
10
25
25
25
25
125
125
125
125
125
125
100
100
100
100
100
100
1,730
1,730
1,730
1,730
1,730
1,730
1,975
1,975
1,965
1,965
1,965
1,965
9,813
4,460
1,448
166
3,484
1,485
25
i:?
100
1,730
1,945
1,188
1,164
1,138
1,107
1,062
807
735
712
689
11,528
12,874
12,704
11,534
12,990
13,599
13,990
13,111
11,768
2,728
2,923
3,155
3,332
3,484
3,657
3,828
4,075
4,234
256
456
854
1,027
1,170
1,235
1,436
27,458
701
11,494
4,203
27,518
27,302
27,614
27,340
27,454
26,964
701
701
701
701
701
689
11,740
11,826
11,962
11,636
11,751
11,768
24,710
25,480
26,024
25,922
26,475
26,030
688
688
688
688
688
675
25,535
675
323
369
1,528
1,937
1,636
1,698
1,830
1,476
830
Source: Daily Treasury statement.
Note: These securities were issued to the Treasury in exchange for advances by the Treasury from public debt receipts under congressional
authorization for specified government corporations and other agencies
to borrow from the Treasury.
Further detail may be found in the 1965
Annual Report of the Secretary of the Treasury, pages 787-90, and the
1966 Combined Statement of Receipts, Expenditures and Balances of the
United States Government, pages 543-545.
And
predecessor agencies. Beginning fiscal 1957 figures exclude notes
1/
previously issued by the Administrator in connection with informational
media guaranties. The obligation for these notes was assumed by the
Director of the United States Information Agency, pursuant to the act
approved July 18, 1956 (22 U.S.C. 1442), and the notes together with
others issued for the same purpose are included in "Other."
2/ Farm housing and other loan programs, and Agricultural Credit Insurance
Fund (formerly Farm Tenant Mortgage Insurance Fund).
2/ Includes securities transferred from the Reconstruction Finance Corporation, but excludes securities issued under the Defense Production
Act.
Consists of notes issued to borrow for: The urban renewal program
(formerly slum clearance program); college housing loans; and public
facility loans.
^
35
476
730
977
1,213
1,567
2,005
2,302
2,753
3,133
21,859
25,343
25,636
26,011
28,634
29,166
29,241
28,354
26,964
^
6/
7/
8/
29
32
32
25
50
85
°5
100
l--'4
69
70
71
72
72
74
74
75
75
78
Consists of liabilities taken over by the Association from the
Secretary in accordance with the act approved August 2, 1954, and
notes issued by the Association under authority of that act (12 U.S.C.
1719 (c), 1720 (d), and 1721 (d)) and also securities transferred
from the Reconstruction Finance Corporation.
Public Housing Administration 1957-1963; Federal Housing Administration beginning January 1966,
Consists of notes of: The Administrator, General Services Administration, for defense materials procurement; the Secretary of Agriculture;
the Secretary of Interior (Defense Minerals Exploration Administration); the Export-Import Bank of Washington through March 1962;
and the Secretary of the Treasury.
Consists of notes issued by the: Secretary of the Treasury; Small
Business Administration, fiscal year 1957; United States Information
Agency for informational media guaranties (see footnote l); Secretary
of Commerce (Maritime Administration) for the Federal Ship Mortgage
Insurance Fund, fiscal years 1959-61 and 1963-65, beginning March 1963;
Virgin Islands Corporation beginning fiscal 1960; District of Columbia
Commissioners for the Stadium Sinking Fund beginning June 1962
Secretary of the Interior (Bureau of Mines) for development and
operation of helium properties beginning May 1964, and (Bureau of
Commercial Fisheries) for Federal Ship Mortgage Insurance Fund
beginning January 1966.
f
FebTuary 1967
33
DEBT OUTSTANDINGTable
7.
-'interest-Bearing Securities Issued by Federal Agencies But
Guaranteed by the United States Government
Not
(In millions of dollars)
End of
fiscal year
or month
Total
5,i23
6,708
8,i07
7,765
9,332
10,192
11,865
13,4o0
17,666
1958
1959
1960
1961
1962
1963
1964
1965
1966
1965-December.
1966- January.
February.
March
April
May
June
U,186
.
1967- January.
.
.
Federal
intermediate
credit banks
Federal land
banks
430
459
498
686
844
456
992
1,259
1,055
1,797
2,770
4,201
4,757
6,309
1,159
1,456
1,600
1,723
1,855
2,133
2,315
2,462
2,853
1,646
1,888
2,137
2,357
2,550
2,725
2,973
3,532
4,105
199
284
330
382
n
Management
and liquidating issues
797
797
797
All other
issues
1,165
1,290
2,284
2,198
2,556
1,960
1,698
1,797
3,269
Tennessee
Valley
Authority
50
145
145
180
225
285
796
5,221
2,335
3,710
1,884
240
796
819
819
858
834
844
5,068
5,050
5,060
5,435
5,895
6,309
2,342
2,404
2,470
2,602
2,338
2,397
2,648
2,820
2,853
3,710
3,813
3,813
3,813
3,980
4,105
3,269
240
240
245
245
245
285
18,483
19,249
844
882
882
957
1,067
1,074
6,594
6,615
6,765
6,959
6,859
6,859
2,935
2,990
2,991
2,909
2,814
2,786
4,212
4,212
4,295
4,295
4,295
4,385
3,058
3,414
3,178
3,125
3,152
3,800
285
285
285
295
295
345
19,263
1,074
6,802
2,779
4,385
3,878
345
.
July
August.
September.
October. .
November .
December.
'I
Federal National
Mortgage Association
Federal
home loan
banks
Banks for
cooperatives
U,723
15,055
15,773
16,8i3
17,666
17,928
18,398
18,396
18,5a
Source: Office of Debt Analysis and agency reports.
Excludes securities which are issued for use as collateral for
Note:
commercial bank borrowing.
2,7U
3,1U
)
:
Treasury Bulletin
34
.STATUTORY DEBT LIMIT ATIONThe Second Liberty Bond Act (31 U.S.C. 757b), as amended
$285 billion outstanding at any one time.
to $330
of securities issued under authority of that act, and the face
(act of June 24, 1966).
amount of securities guaranteed as to principal and interest
by the United States (except guaranteed securities held by the
A temporary increase
billion has been authorized through June 30, 1967
by an act approved June 30, 1959, provides that the face amount
For a legislative history of the public debt limitation,
see the Annual Report of the Secretary of the Treasury.
Secretary of the Treasury) shall not exceed in the aggregate
Table
1. -
Status Under Limitation January 31, 1967
(In millions of dollar^)
Maximum amount of debt which may be outstanding at any one time under limitation imposed by the act
of June 30, 1959 (31 U.S.C. 757b), as increased temporarily by the act of June 2A, 1966
i
330,000
Amount outstanding subject to statutory debt limitation:
U.S. Government securities issued under the Second Liberty Bond Act, as amended
Guaranteed debt of U.S. Government agencies
32S,603
'
5OI
Total amount outstanding subject to statutory debt limitation
329 lOA
^TT
Balance issuable under limitation
Table
2,
-Application of Limitation to Public Debt and Guaranteed Debt
Outstanding January 31, 1967
(
In millions of dollars)
Subject to statutory
debt limitation
Classification
Public debt:
Interest-bearing debt:
Public issues marketable:
Treasury bills
Certificates of indebtedness
Treasury notes
Treasury bonds
—
Total public issues
65,i87
5,919
i8,276
99,
—marketable
—
Public issues nonmarketable
Certificates of indebtedness:
Foreign series
Foreign currency series
Treasury notes:
Foreign series
Foreign currency series
Treasury bonds:
Foreign series
Foreign currency series
Treasury certificates
u. b, savings bonds
U. S. retirement plan bonds
Depositary bonds
Treasury bonds, R.E.A. series
Treasury bonds, investment series
Total public issues
—nonmarketable
Special issues to Government agencies and trust funds
Total interest-bearing debt
Matured debt on which interest has ceased
Debt bearing no interest:
Special notes of the United States:
International Monetary Fund Series
International Development Association Series
Special bonds of the United States:
U.N. Special Fund Series
U.S. savings stamps
Excess profits tax refund bonds
U. S
notes ( less gold reserve
Deposits for retirement of national bank and Federal Reserve banknote:
Other debt bearing no interest
.
Total debt bearing no interest
Total public debt
Guaranteed debt of U.S. Government agencies:
Interest-bearing debt
Matured debt on which interest has ceased
Total guaranteed debt of U.S. Government agencies
Total public debt and guaranteed debt
Source:
Daily Treasury statement.
»
Less than $500,000.
I
lU
Not subject to statutory
debt limitation
Total
outstanding
February 1967
35
PUBLIC DEBT OPERATIONS
Table
1. -
Maturity Schedule of Interest-Bearing Public Marketable Securities
Outstanding January 31, 1967
Other than Regular Weekly and Annual Treasury Bills
.
.
Treasurn Bulletin
36
PUBLIC DEBT OPERATIONS.
Maturity Schedule of Interest-Bearing Public Marketable Securities
Outstanding January 31 1967
Other than Regular Weekly and Annual Treasury Bills - (Continued)
Table
1. -
,
(In millions of dollars)
Year
and
month
of final
maturity
Description
1/
1970
Feb
iS
Bond
Mar.
2-1/2?
Bond
Apr.
1-1/2*
Note
Aug..
i,i
Bond
Oct.
1-1/256
Note
5?
Note
Total.
1971
Mar
1972
Feb
Jtme
.
.
Aug
Sept...
Dec
February 1967
37
PUBLIC DEBT OPERATIONS
Table
2.
-
Offerings of Treasury Bills
(Amounts in millions of dollars)
,
Issue date
Regular weekly
Number of
days to
maturity 1^^
Maturity
date
Description of new issue
Amo\mt of
bids
tendered
Amount of bids accepted
Total
amount
:
91
182
1,8U.5
Apr.
l,A53.o
1,300.1
1,000.3
Oct. 13
Jan.
Apr.
91
182
2,278.6
2,085.2
1,300.6
999.9
Oct. 20
Jan.
Apr.
91
182
2,i39.i
1,897.3
1,301.9
1,000.7
Oct. 27
Jan.
Apr.
91
182
2,206.i
2,376.7
1,300.2
1,000.5
Nov.
Feb.
May
91
182
2,206.8
2,25i.i
1,300.6
1,000.8
91
182
2,800.7
2,188.6
1,300.6
1,000.1
91
2,222.8
2,i99.7
1,300.6
1,000.0
181
2,258.9
2,231.8
1,300.7
999.6
91
182
2,i33.1
2,90i.9
1,300.9
1,004.5
91
182
2,869.7
2, 245.
1,301.3
1,000.6
1966-not.
(1967 -Jan.
6
1
3
Feb.
Nov. 10
May
Feb.
Nov. 17
May
132
Nov. 25
Feb.
May
Dec.
1
Mar.
June
Dec.
8
Mar.
June
Dec. 15
Mar.
June
16
91
15
182
2,336.8
2,545.1
1,303.6
1,000.9
Mar.
23
22
91
182
2,289.6
1,898.3
1,305.5
1,006.1
30
29
91
182
2,235.2
1,837.3
1,304.1
1,001.3
91
2,040.7
?,132.8
1,300.2
1,001.2
1,967.0
1,991.1
1,303.0
1,000.2
2,994.4
2,593.8
1,301.7
1,000.9
Dec. 22
June
Mar.
Dec. 29
1967-Jan.
June
23
25
2
1
Apr.
July
5
Apr.
90
182
91
July
13
13
182
Jan. 19
Apr.
July
20
20
182
Jan. 26
Apr.
July
27
27
182
2,490.1
2,341.9
1,303.3
999.9
Jan. 12
91
91
Tax anticipation:
1967-Mar
1966-Aug. 26
Apr.
21
208
238
2,950.2
1,489.9
2,006.1
1,003.3
Apr.
June
21
22
185
247
2,279.4
2,456.6
1,506.9
2,006.6
June
22
192
1,661.9
800.9
1967-Jan.
31
28
31
30
1,917.3
30
31
31
365
365
365
365
365
365
365
365
June 30
Sept. 30
273
365
July
31
31
273
365
126
156
187
2,986.8
May
31
30
31
Aug.
Nov.
31
30
27i
365
1,183.3
2,153.7
Sept. 30
Dec.
31
270
365
1,093.3
1,665.4
31
273
31
365
1,316.1
1,508.3
Oct. 18
22
9-month and one-year
1966-Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
31
28
Feb.
Mar.
Apr.
31
30
31
30
May
June
July
31
31
Aug.
Sept. 30
Oct. 31
Nov. 25
Oct.
Mar.
Apr.
y
Nov. 30
Dec. 31
r
(
1967-Jan. 31
Oct.
<1968-Jan.
I-
On competitive basis
On noncompetitive basis 2/
In
exchange
Amount
maturing on
issue date
of new
offering
Total of
unmatured
issues outstanding after
new issues
:
.
,
Treasury Bulletin
38
PUBLIC DEBT OPERATIONS.
Table
2.
-
Offerings of Treasury Bills
Regular weekly
Average price
per hundred
Equivalent average
rate 7/
1966-0t:t.
6
Oct.
13
Price per himdred
20
Oct.
27
Nov.
(Percent)
Nov.
10
Nov.
17
Nov.
25
Dec.
1
Dec.
8,
Deo.
15,
5.353
5.641
5. 408
5.673
98.647
97.148
/98.617
5.470
5.750
98.630
97.102
\97.U3
5.423
5.652
98.635
97.152
5.400
5.633
r«8 67i
'197.201
5.247
5.536
98.680
97.209
5.222
5.521
r98.677
\97.213
5.235
5.513
98.685
97.220
5.202
5.499
/98.627
197.116
5.432
5.705
98.638 10/
97.127 11/
5.388
5.683
^8.620
<97.121
5.458
5.695
98.629 12/
97.123
5.424
5.691
(98.687
^97.234
5.252
5.502
98.692
97.241
5.232
5.488
\
r98.685
97.302
5.202
5.337
98.692
97.315
5.175
5.311
(98.686
(97.330
5.197
5.281
98.693
97.338
5.171
5.265
3.724
97.407
5.047
5.130
98.731
97.410
5.020
5.123
r98.629
.
3.
Equivalent rate 7/
198.633
\97.132
|<57.093
Oct.
Low
High
(Percent)
:
(Continued)
Un competitive bids accepted
On total bids accepted
Issue date
-
s
8/
2/
5.420
5.732
Dec.
f
22,
98. 776
197.503
4.844
4.940
98.789
97.528
4.791
4.890
Dec.
29,
(98.800
97.545
4.747
4.856
98.809
97.568
4.712
4.811
(98.781
I97.517
4.821
4.912
98.792
97.528
,779
5
12
(98.782
97.528
4.817
4.889
98.794 12/
97.534 U/
.771
,878
98.808
97.631
4.716
4.687
98.816
97.637
,684
,674
98.817
197.643
4.679
4.663
98.822
97.649
,660
,650
196.916
196.408
5.338
5.433
97.013
96.542
16/
5.170
5.231
97.182
96.167
97.202
5.483
5.586
5.245
97.203 17/
96.206
97.209
5.443
5.530
5.233
95.236
94-986
95.195
95.161
94.965
95.238
94.967
94.075
4.699
4-945
4.739
4.773
4.966
4.697
4.964
5-844
5.808
5.806
5.567
1^
4.685
4.925
4.719
750
945
630
I
1967- Jar.
Jan.
\
Jan.
f
19
I
Jan.
26
I
,890
Tax anticipation
1966-Aug.
Oct.
26.
.
18
4/
9-month and one-year
1966-Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
31
28
f96.310
(95.113
4.920
4-820
95.250
95.007
95.215
95.184
94.986
95.306
94.991
94-110
95-629
94-156
95.799
94.385
97.731
95-787
94.419
96.367
95.160
/96.469
1 95.360
4-656
4-577
96.488
95.407
31
30. . .
31....
30
31....
31....
30
Oct.
31....
Nov.
25 5/.
Nov.
30
Dec.
31
('95.596
194. 113
[95.778
94.379
97.691
(95.774
94.404
I
1967- Jan.
31...
5.5U
318
5.552
5.519
5.
12/
20/
21/
22/
22/
24/
2V
940
809
764
764
540
538
226
535
505
4-8U
4.774
4.631
4.530
Price per hundred
Equivalent rate 7/
February 1967
39
PUBLIC DEBT OPERATIONS
Footnotes to Table 2
Daily Treasury statement; Bureau of the Public Debt.
Source:
Tax anticipation and one-year bills are shown in the table each
Note:
month until the month in which they mature is no longer shown in the
1/
2/
2/
2/
issue date column for regular weekly bills.
The 13-week bills represent additional issues of bills with an original
maturity of 26-weeks and the 9-month bills represent additional issues
of bills with an original maturity of one-year.
For 13-week and 26-week issues, tenders for $200,000 or less from any
one bidder are accepted in full at average price of accepted competitive bids; for other issues, the corresponding amount is stipulated
in each offering announcement.
Issued on October 18, 1966; additional to bills dated August 26, 1966.
Issued on December 12, 1966; additional to bills dated October 18, 1966.
Additional amounts ($4-00,782,000 each) of three series of outstanding
monthly bills issued in strip form for cash and exchange on
November 25, 1966.
Includes strip bills issued November 25, 1966.
Bank discount basis.
8/ Except $603,000 at 97.156.
2/ Except $1,525,000 at 98.673, and $200,000 at 98.633.
10/ Except $100,000 at 98.677, and $58,000 at 98.670.
11/ Except $513,000 at 97.194.
12/ Except $1,500,000 at 98.635.
11/ Except $1,000,000 at 98.300.
lA/ Except $260,000 at 97.540.
15/ Except $200,000 at 97.120 and $100,000 at 97.080.
16/ Except $1,860,000 at 96.601.
11/ Except $55,000 at 97.282.
18/ Except $200,000 at 95.300 and $3,000,000 at 95.255.
12/ Except $350,000 at 95.2i0, $190,000 at 95.235 and $5,000,000 at 95.229.
20/ Except $100,000 at 95.072 and $iOO,000 at 95.008.
21/ Except $5,000,000 at 9i.l30.
22/ Except $5,000 at 95.6i9, $3,100,000 at 95.639, and $300,000 at 95.633.
22/ Except $5,300,000 at 9i.l70.
24'' Except $2,000 at 9i.500.
2^/ Except $81,000 at 98.205, $21,000 at 98.125, $21,000 at 98.120,
$21,000 at 98.115, and $81,000 at 97.777.
..
,
.
,
Treasury Bulletin
40
PUBLIC DEBT OPERATIONS,
Table
3.
-
New Money Financing
through Regular Weekly Treasury Billsl/
(Dollar amounts in millions)
Description of issue
19 6^- July
16
July
23
July
30
September 10
September
October
1
Amount
of bids
accepted
maturity
Average rate
on bids
accepted 2/
New money
increase, or
decrease (-)
(Percent)
15
14
91
182
$2,123
1,409
1,202
902
3.448
3.549
3103
ri964.-0ctober
22
|l965-January
21
91
182
2,070
1,333
1,201
900
3.502
3.619
100
nL96A-0ctober
29
[19 6 5- January
28
91
182
2,204
1,889
1,201
902
3.475
3.591
101
10
11
91
182
2,169
1,464
1,302
901
3.514
3.649
101
1964--December
17
1965-March
18
91
182
2,083
1,474
1,302
900
3.541
3.693
102
1964--December
2i
25
91
182
2,200
1,624
1,302
901
3.542
3.692
101
31
1
91
132
2,086
1,451
1,301
900
3.555
3.711
100
22
22
91
182
2,099
2,475
1,200
1,001
3.321
3.960
99
29
29
91
182
2,135
2,465
1,203
1,003
3.343
3.946
104
May
August
6
5
91
182
2,226
2,470
1,203
1,004
3.888
3.968
105
13
12
91
182
2,242
2,443
1,200
1,001
3.903
3.987
100
I96A- December
1965-March
1965-March
1964- December
1965-April
1965-January
21.
April
July
January
23.
April
July
February
days to
Amount
of bids
tendered
1965-January
{196-;-0ctober
17,
September 2^.
Nximber of
Maturity
date
Issue
date
4..
February
11.
May
August
February
18.
May
August
20
19
91
182
2,074
2,162
1,200
1,000
3.936
4.015
98
25,
May
August
27
91
182
2,327
2,504
1,201
1,003
3.989
4.043
102
2
91
182
2,359
2,304
1,200
1,000
3.982
4.037
100
September
23
91
182
2,368
2,024
1,203
1,000
3.922
3.984
94
July
September
30
91
182
2,061
1,938
1,200
1,002
3.921
3.993
102
91
182
2,281
2,188
1,202
1,001
3.942
3.993
200
2,336
1,832
1,201
1,001
3.937
3.991
4.532
4.718
February
March
March
April
4..
25^
1.
fJune
September
8.
f
r
1^
April
15.
f
January
6.
13.
20
27
91
182
1,966
1,933
1,304
1,003
April
July
14
91
182
2,258
2,004
1,302
1,000
4.585
4.737
102
April
July
21
21
91
182
2,296
2,166
1,301
1,001
4.673
4.770
97
April
July
28
28
91
182
2,084
2,305
1,301
1,000
4.596
4.699
101
5
91
182
2,145
1,672
1,301
1,000
4.638
4.740
93
91
2,401
2,010
1,304
1,001
4.650
4.775
104
182
2,365
1,984
1,300
1,001
4.695
4.876
100
91
182
2,404
2,095
1,311
1,001
4.696
4.892
111
r
f
f
I
3
\
February
10.
r
\
February
February
17.
2A
Footnotes at end of table.
15
7
7
\
February
July
October
U
\
January
July
October
C966- April
July
I
1
January
1
91
182
1
1966-January
3
(June
\
April
26
May
August
i
May
August
12
11
May
August
19
18
May
August
26
25
182
91
(Continued on following page)
97
105
February 1967
Al
PUBLIC DEBT OPERATIONS
Table
3.
-
New Money
Financing through Regular Weekly Treasury Bills V- (Continued)
(Dollar amounts in millions)
escription of issue
Issue
date
Karch
3,
March
10,
March
17,
March
2^,
March
31.
Maturity
date
June
September
Number of
days to
maturity
Amount
of bids
tendered
Amount
of bids
accepted
Average rate
on bids
accepted 2^^
(Percent)
New money
increase, or
decrease (-)
^
Treasury Bulletin
.PUBLIC
Table
4.
-
DEBT OPERATIONS.
Offerings of Public Marketable Securities Other than
Regular Weekly Treasury
Date subscrip-
Bills
February 1967
44
Treasury Bulletin
^
PUBLIC DEBT OPERATIONS,
Footnotes to Table 4
Source: Daily Treasury statement; Bxireau of the Public Debt.
1/ Issued at par except as noted. For bill issues sold at auction the
rate shown is the equivalent average rate (bank discount basis) on
accepted bids. For details of bill offerings, see Table 2. In reopenings, the amount issued is in addition to the amount in original
offering.
From
date of additional issue in case of a reopening.
2/
Subscriptions
shown are from the public, but amounts issued include
2/
allotments to Government investment accounts.
4/ For maturing securities exchanged for the new issues, see Table 7.
One-year bills issued monthly beginning September 3, 1963.
6/ In addition to the amounts allotted to the public, there was allotted
to Government investment accounts $22 million of the U~l/^% bonds of
1987-92, and $4. million of the /^-l/S% bonds of 1973.
7/ Sale of a "strip" of Treasury bills, consisting of an additional $100
million for cash of ten series of weekly Treasury bills maturing from
October 15, 196i, to December 17, 196^.
8/ Subscriptions were permitted to be made with payment in cash or in 3%
notes or 3-3/ A% notes, both maturing August 15, 196ii {see Table 7,
footnote 5).
2/ Consists of allotments on subscriptions from holders of Treasury notes
maturing August 15, 196/i.
10/ 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
circulars, totaled $1,950 million and were allotted in full. Subscriptions subject to allotment totaled $12,903 million: those up
to and including $100,000 were allotted in full; all others were
allotted 15 percent but in no case less than $100,000.
11/ Tax anticipation bill, acceptable at face value in payment of income
and profits taxes due on the 15th of the month immediately preceding
maturity.
L2/ Exchange offering available to owners of nonraarketable 2-'3/lS Treasury bonds. Investment Series B-1975-80, dated April 1, 1951. For
further information on the original offering see Treasury Bulletin
for April 1951, page A-1.
Amounts shown are as of January 31, 1967.
\^ Subscriptions were permitted to be made witn payment in cash or iu
^-7/8^ notes or 3-3/ 1^% notes, both maturing November 15, 196^. (see
Table 7, footnote 8).
Consists of allotments on subscriptions from holders of Treasury
[4/
notes maturing November 15, 196^.
[^ 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
circulars, totaled $6,607 million and were allotted in full. Subscriptions subject to allotment totaled $15,293 million: those up
to and including $100,000 were allotted in full; all other were
allotted 16.5 percent but in no case less than $100,000,
In addition to the amounts allotted to the public, there was allotted
ih/
to Government investment accounts $322 million of the U% bonds of
1970, $325 million of the 4.-I/856 bonds of 197^, and $55 million of
the U-1/lS bonds of 1987-92.
Subscriptions were permitted to be made with payment in cash or in
2-5/8% bonds maturing February 15, 1965 (see Table 7, footnote lo).
Consists of allotments on subscriptions from holders of Treasury
bonds maturing February 15, 1965Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign States, Government investment accounts
and the Federal Reserve Banks, totaled $582 million and, as provided in
the offering circulars, were allotted in full where the subscriber
made the required certification of ownership of bonds maturing
February 15, 1965. Subscriptions subject to allotment totaled $10, 05^
million: those up to and including $100,000 were allotted in full;
all others were allotted 15 percent but in no case less than $100,000.
Includes $4,253 million allotted to Federal Reserve Banks and Government
investment accounts of the iS notes and $65 million of the U-l/lS bonds.
Includes $3,051 million allotted to Federal Reserve Banks and Government
investment accounts of the U% notes and $1,076 million of the iS bonds.
22/
23/
24/
^
25/
26/
27/
28/
22/
JO/
31/
32/
33/
34/
Subscriptions were permitted to be made with payment in cash or in
3-I/25K notes or U% notes, both maturing November 15, 1965 (see Table
7, footnote 13),
Consists of allotments on subscriptions from holders of Treasury
notes maturing November 15, 1965.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign States, Government investment
accounts and the Federal Reserve Banks, totaled $7,169 million and,
as provided in the offering circulars, were allotted in full where
the subscriber made the required certification of ownership of notes
maturing November 15, 1965. Subscriptions subject to allotment totaled
$4,898 million: those up to and including $200,000 were allotted in
full; all others were allotted 4.8 percent but in no case less than
$200,000.
Subscriptions for $50,000 or less were allotted in full. Subscriptions
for more than $50,000 were allotted 14-5 percent but in no case less
than $50,000.
In addition to the amounts allotted to the public, there was allotted
to Federal Reserve Banks and Government investment accounts $1,250
million of the 4-7/856 notes and $1,121 million of the 5% notes.
Includes $6,685 million allotted to Federal Reserve Banks and
Government investment accounts.
Includes $4,431 million allotted to Federal Reserve Banks and Government investment accounts of the 5-1/4% certificates and $1,519 million
of the 5-1/4% notes.
9-month and one-year bills issued monthly beginning September 30, 1966.
Subscriptions were permitted to be made with payment in cash or in
3-3/8% bonds, 4% notes or 4-3/4% certificates maturing November 15,
1966 (see Table 7, footnote I6).
Consists of allotments on subscriptions from holders of Treasury bonds,
Treasury notes and Treasury certificates of indebtedness maturing
November 15, 1966.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds,
international organizations in which the United States holds membership,
foreign central banks and foreign States, Government investment
accounts and the Federal Reserve Banks, totaled $943 million for the
5-5/8% notes and $75 million for the 5-3/8% notes as provided in the
offering circulars, were allotted in full where the required certification of ownership of securities maturing November 15, 1966 was
made. Subscriptions from all other investors were subject to allotment and totaled $4,918 million for the 5-5/8% notes which were allotted
30 percent, and $13,954 million for the 5-3/8% notes which were allotted
10 percent; subscriptions for $100,000 or less were allotted in full,
and subscriptions for more than $100,000 were allotted not less than
$100,000.
Sale of a "strip" of Treasury bills, consisting of an additional $400
million of three series of outstanding one-year Treasury bills maturing
March 31, April 30, and May 31, 1967.
Issued for cash and in exchange for Treasury bills maturing November
25, 1966.
35/
jj6/
37/
p
Subscriptions were permitted to be made with payment in cash or in
3-5/8% notes or 4% notes, both maturing February 15, 1967 (see Table 7,
footnote 18).
Consists of allotments on subscriptions from holders of Treasury notes
maturing February 15, 1967.
Subscriptions from States, political subdivision or instrumentalities
thereof, public pension and retirement and other public fiinds,
international organizations in which the United States holds membership, foreign central banks and foreign States, Government investment
accounts and the Federal Reserve Banks, totaled $3,675 million for
the notes of Series B-1968 and $248 million for the notes of Series
A-1972 as provided in the offering circulars were allotted in full
where the required certification of ownership of securities maturing
February 15, 1967 was made. Subscriptions from all other investors
were subject to allotment and totaled $16,240 million for the notes
of Series B-1968, those up to and including $100,000 were allotted
in full, all others were allotted 10 percent but in no case less than
$100,000, and $21,887 million for the notes of Series A-1972, those
up to and including $50,000 were allotted in full, all others were
allotted 7 percent but in no case less than $50,000,
Preliminary.
I
February 1967
46
Treasury Bulletin
PUBLIC DEBT OPERATIONS.
Table
6.
-
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part A. Other than Treasury Bills i/
-
(In millions of dollars)
Issues
rehruary 1967
47
PUBLIC DEBT OPERATIONS.
Table
6.
-
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part B. - Treasury Bills other than Regular Weekly Series
Treasury Bulletin
48
PUBLIC DEBT OPERATIONS.
Table
7.
-
Disposition of Matured Public Marketable Securities
Other than Regular Weekly Treasury Bills
February 1967
49
.PUBLIC
DEBT OPERATIONS.
7. - Disposition of Matured Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
Table
'
Date of
refunding
or retirement
Treasury Bulletin
50
PUBLIC DEBT OPERATIONS.
7. - Disposition of Matured Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
Table
Date of
February 1967
51
.PUBLIC DEBT OPERATIONS,
Table 7. - Disposition of Matured Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
Disposition offers
by Treasury
Called or maturing securities 1/
Date of
refunding
or retirement
Issue
date
Description
Amount
outstanding
Cash
retirement
Exchange
security
offered
(in millions of
3-5/855 Note
2/15/67 -B
3/15/63
2,358
2,358
l^%
Total
Note
2/1 5/67 -C
8/13/65
5,151
7,508
7,508 18/
14/
15/
16/
17/
18/
V
19/
p
Note:
dollars)
396p
r3,239p
5,151
Daily Treasury statement; Bureau of the Public Debt.
Source:
1/ Original call and maturity dates are used.
2/ All by investors other than Federal Reserve banks.
2/ Adveuice refunding offering. Pursuant to the provisions of section
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 securities surrendered in exchange
will be taken into account upon the disposition or redemption of the
See also Table 5new securities.
Reopening of an earlier issue.
1^ Holders of the maturing notes were not offered preemptive rights to
exchange their holdings, but were permitted to present them in
payment or exchange, in whole or in part, for the 3-7/8$ notes
offered in the amount of about $4-0 billion. For detail of offering,
see Table 4.
Excess of maturing 5$ notes and 3-3/4$ notes over allotments of new
securities on subscriptions from holders of those notes (see Table 4,
footnotes 9 and 10),
2/ Rolled over into a one-year bill (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 4% notes offered in the
amount of about $9 I/4 billion.
For detail of offering, see Table 4.
2/ Excess of maturing 4-7/8$ notes and 3-1/4$ notes over allotments of
new securities on subscriptions from holders of those notes (see Table
4, footnotes 14. and I5).
10/ Holders of the maturing bonds were not offered preemptive rights to
exchange their holdings, but were permitted to present them in payment or exchange, in whole or in part, for the 4$ notes offered in
the amount of about $2,170 million.
For detail of offering, see
Table 4.
11/ Excess of maturing 2-5/8$ bonds over allotments of the new security
on subscription from holders of those bonds (see Table 4, footnotes
18 and 19).
1 2/
Tax anticipation issue; for detail of offerings beginning 1965, see
Table 4j for amounts redeemed for taxes and for cash see "Note" below.
13/ Holders of the maturing notes were not offered preemptive rights to
exchange their holdings, but were permitted to present them in pay-
Exchanged
54p
I
1/30/67
Results of exchange offers
174P
3,863p
Turned
in for
cash 2,^
Description of new
securities offered
(See also Table 4.)
l,907p
U-3/a.% Note ^-3//S Note -
5/15/68-B
2/15/72-A
|l,733p
4-3/4$ Note A-3/^% Note -
5/15/68-B
2/15/72-A
3,645p 19/
3,635p of 4-3/4% Note-B
228p of 4-3/4^ Note-A
ment or exchange, in whole or in part, for the $9,700 million offering of 4-1/4$ notes. For detail of offering, see Table 4.
Excess of raatiiring 3-l/2$ notes and 4 $ notes over allotments of new
securities on subscriptions from holders of those notes (see Table 4,
footnotes 23 and 24).
Rolled over into 9-month and one-year bills under new program
beginning September 30, 1966 (see Table 4).
Holders of the maturing bonds, notes and certificates were not offered
preemptive rights to exchange their holdings, but were permitted to
present them in payment or exchange, in whole or in part, for the
5-5/8$ notes offered in the amount of about $2,500 million or the
5-3/8$ notes offered in the amount of about $1,600 million. For detail
of offering, see Table 4Excess of maturing 3-3/8$ bonds, 4$ notes and 4-3/4$ certificates over
allotments of new securities on subscription from holders of those
bonds, notes €ind certificates (see Table 4, footnotes 30 and 31).
Holders of the maturing notes were not offered preemptive rights to
exchange their holdings, but were permitted to present them in payment or exchange, in whole or in part, for the 4-3/4$ notes of Series
B-1968 offered in the amount of about $5,500 million or the 4-3/4$
note of Series A-1972 offered in the amount of about $2,000 million.
For detail of offering, see Table 4.
Excess of maturing 3-5/8$ notes and 4$ notes over allotments of new
securities on subscription from holders of those notes (see Table 4,
footnotes 36 and 37).
Preliminary.
Information on retirement of tax anticipation issued referred to
in footnote 12, in millions of dollars:
Date of
retirement
52
February
1967
53
PUBLIC DEBT OPERATIONS
Table 8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(
Payable in U. S. Dollars)
54
Treasury Bulletin
PUBLIC DEBT OPERATIONS.
Table 8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U. S. Dollars)
Month of
February 1967
55
PUBLIC DEBT OPERATIONS.
Table 8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.
Month of
activity
Issue
date
Securities
3.
Dollars)
Maturity
date
Interest
rate
I
(
Bonds
1966-Nov.
..
Certificates of indebtedness
U/1/66
(9/26/66
9/2/66
12/28/66
12/2/66
11/7/66
2/7/67
8/8/66
11/7/66
r 9/2/66
45
11/12/65
5/13/68
i.30
3/20/67
3/21/67
12/22/66
6/22/67
3/23/67
3/28/67
12/29/66
3/29/67
1/23/67
12/30/66
5.05
i.85
i.50
i.95
Certificates of indebtedness
12/19/66
12/21/66
6/22/66
12/22/66
12/23/66
12/27/66
9/29/66
12/29/66
10/21/66
9/30/66
'12/2/66
12/19/66
12/21/66
/12/23/66
3/2/67
3/20/67
3/21/67
3/23/67
1/23/67
3/28/67
2/7/67
5.20
5.05
4.85
4.85
5.45
4.75
5.25
12/27/66
-11/7/66
Source: Daily Treasury statement.
•
Less than $500,000.
55
25
25
Notes
110/21/66
30
18
5.25
5.10
5.20
Certificates of indebtedness
(In millions of dollars)
i.125
5.50
5.10
4.85
12/2/66
3/2/67
Dec.
Total outstanding
end of month
sued
Percent)
U2/2/66
Certificates of indebtedness
1967- Jan.
9/16M
3
45
15
50
-i.85
4.75
70
5.50
5.45
5.47
Information in this table covers transactions from July
1,
30
40
50
15
4.75
645
100
593
100
100
20
40
15
40
15
15
10
45
25
1964 through January 31, 1967.
428
Treasury Bulletin
56
.PUBLIC
DEBT OPERATIONS,
9. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
Table
?
FebTuary
Treasury Bulletin
58
PUBLIC DEBT OPERATIONS.
Table 9. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
February 1967
59
.UNITED STATES SAVINGS BONDS.
Series E and H are the
being sold.
onljr
savings bonds currently
Series E has been on sale since May
and Series H has been on sale since June 1, I952.
1,
1,
ig'H,
1952. Series J and K were sold from May 1,
1952 through
April JO, 1957. Details of the principal changes In Issues,
Series
Interest yields, maturities, and other terms appear In the
Treasury Bulletins of April I951, May I952, May I957, October and December 1959, and May and October I961.
A-D were sold from March 1, 1935, through April 30, \3k\.
Serles F and G were sold from May
30,
19I+I,
through April
Table 1.- Sales and Redemptions by Series, Cumulative through January 31, 1967
(In millions of dollars)
.
..
.
... .
,
Treasury Bulletin
60
UNITED STATES SAVINGS BONDS.
Table
3.
-
Sales and
Redemptions by
Periods, Series
E through K
(In millions of dollars)
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Sales
price 2/
Series E and H combined
Fiscal years:
1941-57
,076
11,431
670
,506
307
1953
1y59
I960
1961
,464
1962
1963
1964
1965
1966
,421
,518
,656
,543
,650
Calendar years:
1^41-5'?
,270
,689
,320
,350
,539
1953
1959
I960
1961
1962
1963
1964
1965
1966
,278
,760
,609
,486
,860
Months:
473
345
457
426
413
307
1966- January..
February
March ....
April ....
May
June
July
August,
September
October.
November
December.
.
Fiscal years:
1941-5'?
1958
1959
I960
1961
1962
1963
1964
1965
1966
Calendar years:
1941-57
1958...
1Q59
1960
1961
1962
1963
1964
1965
1966
.
Months;
966- January
February
March
April .
May
June
. .
.
.
. .
July
August.
September
October.
November
December.
.
1967- January.
337
403
403
3b7
37.
402
1967- January.
1
411
154
Amount outstanding
Redemptions 1/
Accrued
discount
^
Interest-bearing
debt
February 1967
61
.UNITED STATES SAVINGS BONDS.
Table
3.
-
Sales and
Redemptions by Periods, Series E through
K
-
(Continued)
(In millions of dollars)
Redemptions
Fiscal years
1941-57
1958
1959
I960
1961
1962
1963
1964
1965
1966
Accrued
discount
Sale
Period
Sales plus
accrued
discount
Total
Sales
price 2/
X'^
Accrued
discount 3/
Exchanges of
E bonds for
H bonds
Amount
outstanding
( interestbearing debt)
:
Calendar years:
1941-57
1958
1959
1960
1961
1962
1963
1964
1965
1966
,157
,889
,688
,603
,689
,674
,914
,136
,112
,246
11,4:>1
5i,619
54,092
1,161
1,174
1,194
1,254
1,331
1,386
1,458
1,502
1,542
5,049
4,862
4,797
4,943
5,005
5,300
5,594
5,514
5,787
4,951
4,889
5,181
4,196
4,092
4,295
4,394
4,343
4,203
4,363
4,538
4,801
3,673
3,613
3,461
3,609
3,705
3,904
,051
,802
,598
,632
,711
,62A
,185
132
99,056
4,979
4,767
4,856
5,003
4,996
5,589
5,623
61,171
4,658
5,225
4,729
4,249
4,349
4,229
4,425
4,650
4,913
56,266
3,931
4,342
3,935
3,546
3,595
3,495
3,646
3,737
3,997
4,905
727
883
794
703
754
,450
12,006
1,178
1,169
1,224
1,293
1,372
1,404
1,491
1,514
1,580
433
317
407
387
375
364
150
125
127
119
117
145
582
441
534
506
493
568
372
4A0
U6
424
387
405
345
317
331
372
355
372
377
345
348
153
127
133
119
118
148
525
482
504
495
463
495
406
394
438
331
324
361
380
334
365
312
275
297
452
154
606
526
408
,U':*2
5,6^jD
6,031
4,526
755
797
886
721
713
742
754
833
897
201
188
219
191
206
188
212
37,969
38,067
38,040
37,456
37,817
38,260
39,166
40,190
41,078
41,853
37,885
38,206
37,748
733
780
863
916
278
212
199
208
198
190
224
38,587
39,740
40,739
41,504
42,398
122
71
84
79
70
74
22
14
25
18
21
19
41,497
41,552
41,620
41 , 684
41,768
41,853
75
70
77
68
67
22
18
18
15
15
15
41,950
42,019
42,067
42,168
42,282
42,398
113
24
42,453
37, 597
38,
UO
Months;
1966-January.
February.
March
April
May
June
.
July
August.
September.
October. .
November.
December.
.
1967-January.
.
.
509
301
357
59
..
.
Treasury Bulletin
62
.UNITED STATES SAVINGS BONDS.
Table
4.
-
Redemptions of Matured and Unmatured Savings Bonds
(In millions of dollars)
Matured
Period
Fiscal years:
1951
Total 1/
137
,109
,621
1952
1953
515
.251
,846
,958
195-i
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
,5U
,249
,557
,819
,716
,273
,164
,346
,724
Series E
and H
817
792
1,761
2,747
3,941
4,263
4,115
3,730
3,621
4,126
2,673
2,593
2,250
2,057
2,184
2,253
38
702
1,128
1,487
1,826
1,917
1,971
1,906
1,996
2,304
1,733
1,668
1,593
1,754
1,938
1,973
772
1,015
2,318
3,171
254
968
1,328
1,500
2,047
1,891
2,084
1,691
2,433
Calendar years:
,651
,074
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
149
,985
,301
264
,630
255
,772
,732
,595
,602
,021
,252
,441
,000
4,230
4,246
4,156
3,393
4,701
3,033
2,555
2,387
2,043
2,171
2,148
2,472
1,9U
1,633
1,656
1,617
1,839
1,932
2,080
Months:
1966- January.
653
195
172
Febriiary.
460
March.
April.
543
513
472
161
294
226
199
190
130
260
194
160
U5
466
408
448
176
197
199
266
135
235
151
165
235
107
208
630
182
142
.
.
.
.
May
June
491
July
August .
September
October.
November.
December.
.
1967-January.
499
477
569
153
Other
779
February 1967
63
.UNITED STATES SAVINGS BONDS.
Table
5.
-
Sales and
Hv
Redemptions by Denominations, Series E and
Combined
{In thousands of pieces)
Total all
denominations
tlO 2/
$25
»50
$100
$75 2/
$200 4/
$500
$1,000
$5,000
$10,000
V
6/
Sales 7/
Fiscal years
19-11-57
1958
1959
1960
1961
1962
1963
1964
1965
1966
Calendar years
19U-57
1958
1959
1960
1961
1962
1963
1964
1965
1966
Months
1966- January
February
March
1,876,821
89,431
85,882
85,607
86,495
86,479
89,627
96,609
99,560
103,500
21,076
1,921,713
86,676
84,945
86,659
85,757
87,094
94,123
93,414
100,657
107,949
21,076
1,268,321
54,908
52,895
52,972
53,453
53,010
54,629
59,230
60,928
63,430
306,808
21,043
20,108
20,220
20,434
20,901
21,903
23,442
23,947
24,704
1,295,871
53,200
52,452
53,910
52,528
53,503
57,391
60,217
61,841
66,381
317,597
20,152
20,050
20,347
20,447
21,329
22,828
23,816
24,106
25,498
632
1,322
1,607
6,708
144
106
137
135
1,141
1,469
209,848
9,824
9,477
9,208
9,273
9,286
9,623
10,324
10,409
10,714
10,577
893
798
774
789
813
928
1,006
982
1,010
29,159
1,304
1,212
1,165
1,201
1,186
1,233
1,220
1,087
1,101
30,769
1,413
1,340
1,230
1,299
1,237
1,270
1,214
1,033
1,042
184
33
214,696
9,690
9,241
9,184
9,322
9,196
10,162
10,445
10,366
11,046
29,769
1,302
194
38
30
27
34
27
24
20
17
17
35
27
31
30
25
22
18
17
970
1,054
1,0U
1,155
31,381
1,454
1,243
1,238
1,346
1,127
1,357
1,117
978
1,110
1,048
794
1,033
96
111
85
113
2
99
110
84
112
11,
lU
823
775
768
816
799
1,019
1,000
1,U1
1,173
1,247
1,098
1,325
1,151
10,644
7,336
9,608
4,4U
5,757
2,423
1,779
2,354
5,551
5,103
5,329
2,092
2,082
2,109
132
133
138
939
936
934
100
97
93
108
109
95
108
104
87
2
June
9,033
8,567
8,787
July
August
September
5,550
4,968
5,582
2,016
1,999
2,187
127
130
139
883
874
101
97
92
2
96
956
86
84
86
103
.
8,871
8,251
9,132
1
1
October
November. ...
December p
9,885
8,736
9,099
6,318
5,399
5,702
2,245
2,075
2,136
UZ
930
82
Ul
891
896
80
79
86
82
77
79
70
67
1
137
1,807,296
516,169
3,561
303,416
19,068
40,405
42,349
428
129,547
10,433
10,394
10,634
9,197
9,150
8,715
9,080
9,322
9,822
4,231
2U
U,605
13
639
675
725
616
653
601
648
694
756
1,320
1,301
1,351
1,076
1,077
1,005
1,051
1,070
1,113
1,464
1,451
1,567
1,139
1,126
1,028
1,088
1,122
1,182
11
9
134,852
10,075
10,696
9,848
8,937
9,129
8,771
9,180
9,532
10,031
4,556
627
722
657
609
653
615
670
715
736
15,887
1,250
1,368
1,201
1,045
1,070
1,008
1,067
1,080
1,137
15,356
1,365
1,575
1,334
1,098
1,108
1,037
1,111
1,136
1,226
1,122
744
892
90
136
58
68
89
102
158
97
111
2
882
799
837
67
64
66
95
90
92
99
2
94
94
2
92
90
102
2
93
2
113
122
4
39
73
2
77
95
77
84
lU
26,346
155
April
May
,
.
.
.
Inception to date p.
2,753,986
21,076
73
86
1
2
2
1
1
1
Redemptions 7/
Fiscal years
1941-57
1958
1959
1960
1961
1,412,187
93,452
88,647
90,748
85,077
83,804
83,469
87,242
90,012
94,720
18,930
231
1,460 331
88 902
90 ,083
19,054
197
1,012,946
59,880
56,036
56,796
54,280
52,953
53,018
55,264
56,736
59,235
216,683
19,467
18,598
19,507
18,654
18,746
19,022
20,034
20,744
21,943
87 819
82 762
34 ,235
84 ,965
88 ,054
92 ,352
97 ,061
161
122
87
71
58
50
50
45
1,043,663
57,080
56,339
55,552
52,626
53,231
54,055
55,632
58,045
60,545
226,925
18,296
19,150
19,089
18,346
19,006
19,402
20,204
21,330
22,544
February
March
9,447
7,284
8,702
6
4
4
5,675
4,512
5,417
2,204
1,733
2,047
April
May
June
8,370
7,823
3,179
4
5,172
3
4,920
3
5,133
1,990
1,793
1,391
July
August
September
7,950
8,030
8,918
October
November
December p
7,665
7,025
7,667
2,256,614
1962
1963
1964
1965
1966
Calendar years
1941-57
1958
1959
1960
1961
1962
1963
1964
1965
1966
177
144
101
78
62
54
51
47
245
585
65
434
711
15,
15
10
10
12
15
19
22
24
9
14
12
9
12
13
18
20
24
Months
1966- January
Inception to date p....
54
a
58
59
57
60
4
4,960
4
4
5,063
5,524
1,840
1,836
2,095
60
72
824
816
912
68
65
72
3
1,791
1,601
1,724
65
60
65
792
686
725
61
3
3
4,767
4,470
4,934
19,394
1,546,867
404,290
221,050
10,610
58
53
54
26,
2
2
2
2
Note:
4/
Sales began in October 19^5.
Sales of $10,000 denomination Series E bonds were atuhorized on May
1/
6/
Includes sales and redemptions of $100,000 denomination Series E bonds
which are purchasable only by trustees of employees' savings plans
beginning April 195Ai ^^^ also personal trust accounts beginning January 1955.
See Table i, footnote 1.
Less than 500 pieces.
Preliminary.
p
2/
^
These figures are estimates by the Office of Debt Analysis in the
Office of the Secretary and are based on the daily Treasury statement
and reports from Federal Reserve banks and the Bureau of the Public Debt.
Sales of Series H bonds began on June 1, 1952; the denominations
authorized were $500, $1,000, $5,000, and $10,000.
Sales were atuhorized in June 1944, to Armed Forces only, and discontinued after March 31, 1950.
Sales bagan on May 1, 1964.
1,
1952.
2/
Treasury Bulletin
64
.UNITED STATES SAVINGS BONDS.
Table
6.
-
Sales by States, Series
H^
E and
Combined
(In thousands of dollars at issue price)
State
Inception
through
December 1966
2/
Alabama
Alaska
Arizona
1,253,205
63,4312/
i91,i60
1966
Jan.
3,471
212
2,059
Feb.
May
Apr.
Mar.
June
July
Aug.
Sept.
Oct.
Nov.
2,981
253
1,805
3,003
242
1,902
3,592
333
2,052
3,351
293
2,117
3,U3
252
2,055
3,224
277
1,886
3,258
215
1,809
3,320
426
1,760
3,285
254
1,861
1,743
21,428
2,403
1,438
27,093
2,666
1,44.4
28,393
2,500
1,519
25,435
2,202
1,471
24,697
2,668
1,547
23,793
2,575
1,644
26,984
2,043
1,565
23,197
2,773
25,842
2,592
1,308
25,274
2,488
6,5U
3,314
349
1,810
1,U6
Arkansas
California
Colorado
8,922,U7
979,536
1,643
26,386
2,504
Connecticut
Delaware
District of Columbia.
2,0^7,025
37i,5i6
1,355,198
5,921
1,654
3,843
5,700
1,358
2,119
7,383
2,238
4,327
6,862
1,416
4,802
6,907
1,858
3,528
5,913
1,642
3,833
1,439
2,902
6,967
1,926
3,165
5,804
919
2,714
5,605
1,262
2,965
6,600
1,757
3,898
Florida
Georgia
Hawaii
l,76i,i73
l,i06,383
477,051
7,137
7,212
4,502
630
7,733
3,440
1,550
8,058
3,927
1,038
6,642
5,572
949
7,095
3,654
1,229
7,403
4,163
1,020
6,884
3,947
1,006
6,246
5,206
1,135
6,990
3,299
902
602
6,442
3,902
1,158
Idaho
Illinois
Indiana
304,592
10,496,978
3,683,054
502
573
520
28,133
10,812
26,763
10,878
697
28,872
10,624
582
26,184
10,023
592
29,028
10,416
503
29,355
11,372
533
33,280
11,616
30,138
11,056
593
26,172
9,963
596
26,148
10,682
25,102
9,956
Iowa
Kansas
Kentucky
3,562,376
2,081,232
1,439,965
11,652
5,315
4,383
8,758
4,506
3,704
12,992
4,730
4,797
10,291
5,033
4,170
9,771
4,291
3,786
8,554
4,362
3,697
8,640
4,663
4,272
8,470
4,196
3,951
7,290
4,448
3,891
7,450
4,476
3,802
6,596
4,137
3,486
Louisiana
Maine
Maryland
1,231,506
483,317
1,692,904
3,539
1,275
5,631
3,182
3,462
1,221
6,474
3,251
826
6,690
3,278
1,270
6,745
3,358
1,169
6,200
3,737
1,187
6,760
3,559
1,077
6,885
2,940
1,093
5,939
2,852
1,133
6,671
2,831
1,240
6,603
Massachusetts
Michigan
Minnesota
3,641,615
7,340,985
2,393,435
10,589
24,327
5,117
9,5U
24,433
4,664
10,753
27,726
4,815
9,290
25,909
5,707
11,417
26,919
5,427
10,249
27,576
4,544
10,684
25,875
5,116
10,602
22,862
5,425
9,985
25,579
4,715
9,707
22,850
4,985
10,469
23,142
4,874
Mississippi
Missouri
Montana
693,290
3,702,840
623,016
1,125
11,545
1,275
1,368
10,564
1,165
12 ,919
1,U5
1,618
1,168
11,077
1,410
1,118
11,559
1,338
1,108
10,564
1,194
1,117
11,541
1,231
1,151
12,752
1,427
1,101
11,662
1,078
1,098
10,913
1,222
906
10,924
1,213
Nebraska
Nevada
New Hampshire
2,088,004
160,674
299,926
8,846
5,151
496
574
5,784
4,737
466
650
5,254
603
1,116
4,310
580
5,494
5,766
5,708
519
877
6,282
606
528
5,097
949
495
886
502
667
529
729
4,951,206
320,423
14,646,775
15,713
1,067
40,624
15,226
1,179
40,678
17,282
1,165
47,481
16,086
1,204
46,034
17,151
1,019
16,120
U,040
930
41,413
15,701
1,066
40,289
17,167
1,185
43,921
14,672
1,113
36,615
15,134
1,137
39,457
15,882
1,058
39,712
1,438,665
624,326
8,203,492
4,279
1,462
25,149
3,540
1,310
lU
3,776
1,070
25,717
3,947
1,136
25,103
3,790
942
25,525
3,362
1,148
26,009
3,838
1,087
27,303
3,911
1,043
26,899
3,9U
23,
3,712
1,274
27,850
1,195
24,287
3,815
1,216
23,246
1,588,266
1,197,159
10,988,608
4,415
2,647
34,217
3,560
2,401
31,840
4,332
2,468
39,131
4,065
2,709
34,803
3,751
2,338
34,847
3,402
2,280
34,633
4,052
2,811
33,531
4,014
2,369
37,334
4,131
2,115
33,550
3,385
2,136
32,996
3,815
1,924
33,683
559,330
733,591
762,861
1,368
2,062
1,854
1,063
1,741
1,852
1,630
1,759
2,172
1,263
1,870
1,910
1,303
2,034
1,428
1,301
1,886
1,288
1,705
2,350
1,436
1,184
2,103
1,355
1,344
1,544
1,475
1,342
2,345
1,423
1,399
1,832
1,401
Tennessee
Texas
Utah
1,318,796
4,495,330
512,256
3,686
10,307
1,720
3,368
11,030
1,582
3,797
11,457
1,666
3,786
10,693
1,558
3,285
10,870
1,504
3,306
10,348
1,470
3,822
10,408
1,765
3,655
10,814
1,896
3,413
9,958
1,540
3,291
10,317
1,751
3,326
9,331
Vermont
Virginia
Washington
161,957
2,150,048
2,060,746
403
6,127
4,662
357
5,836
4,651
513
308
6,249
4,751
353
6,189
4,427
393
5,356
4,455
447
6,732
5,300
320
7,536
4,358
449
6,707
4,112
319
6,544
4,535
6,000
4,029
471
6,074
3,133
West Virginia
Wisconsin
Wyoming
1,321,703
2,892,350
242,153
3,727
475
3,273
6,552
534
4,032
7,409
460
3,791
7,579
516
3,963
7,603
423
3,475
7,478
374
3,848
8,340
478
3,750
7,794
430
3,865
7,002
421
3,550
7,456
478
3,654
6,404
401
81,316
74,326
4,281
301
187
40
352
261
16
306
293
31
289
205
348
277
31
275
318
10
328
319
27
257
130
5
290
486
37
292
429
29
276
268
27
5,047,8854/ 101,337
6,947
56,88°
50,031
42,558
40,366
48,201
12,733
58,904
62 , 000
345,422
457,005
412,992
396,533
411,423
387,159
402,769
407,951
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Canal Zone
Puerto Rico
Virgin Islands
Undistributed and
adjustment to daily
Treasury statement..
Total
729,156
132,161,169
4,009-
572
7,6U
472,816
9U
5,957
589
639
865
426,443
Source: Daily Treasury statement and reports from Federal Reserve banks.
1/ Sales of Series H began June 1, 1952.
2/ Figures include exchanges of minor amounts of Series F and J bonds
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
L/
42
U8
1,555
367,784
reports «ere not available.
In previous issues of the Bulletin, data
for period May 1941 through March 1947 uere included in "Other
possessions," and data for calendar years 1957 and 1953 were Included
in "Adjustment to daily Treasury statement."
Includes a small amount for other possessions.
1967
fiebruary
65
.OWNERSHIP OF FEDERAL SECURITIES.
Table
Distribution of Federal Securities by Classes of Investors and Types of Issues
1. -
(In millions of dollars)
Interest-bearing securities issued by the U.S. Government
Held by U.S. Government
investment accounts 2^/
Total
Federal
securities outstanding
1/
End of
fiscal year
or month
Total
outstanding
4U
Public
issues
Total
Special
issues
Interest-bearing securities guaranteed by the U.S. Government ij
Held by private
investors 2/
Held by
Federal
Reserve
banks public
issues
Total
Held by
Public
marketable
issues
Public
nonmarketable
issues
Total
outstanding
354
4,391
413
433
454
467
464
460
96
98
317
335
357
371
370
367
4,407
4,392
4,418
4,366
4,433
4,477
52,971
52,956
53,074
52,999
52,968
52,902
488
483
92
90
90
396
497
494
494
39
85
34
411
409
409
410
4,401
4,724
4,735
4,588
4,554
4,298
52,792
501
83
418
3,929
9,596
9,799
10,360
10,959
11,357
13,405
14,337
14,566
15,497
46,246
44,756
44,899
45,043
44,939
44,801
46,627
43,650
51,120
25,438
26,044
26,523
27,253
29,663
32,027
34,794
39,100
42,169
193,418
201,235
201,459
202,417
208,483
211,721
211,598
210,776
206,645
134,593
144,983
149,546
151,392
157,418
160,361
159,575
157,220
153,566
58,825
56,252
51,913
51,025
51,065
51,360
52,023
53,556
53,079
101
110
139
240
460
321,359
316,515
61,767
15,512
46,255
40,768
213,979
160,430
53, 549
453
322,419
323,746
321,454
320,051
322,825
59,885
61,606
61,597
60,390
64,387
66,618
15,529
15,824
15,638
15,469
15,582
15,497
44,356
45,781
45,959
44,921
48,805
51,120
40,565
40,189
40,734
40,713
41,480
42,169
217,149,
320, 36^
317,599
318,921
316,582
315,219
317,927
315,431
206,645
163,667
163,782
160,883
160,926
158,807
153,566
53,482
53,344
53,368
53,189
53,253
53,079
.
319,768
324,904
325,250
327,387
329,906
329,814
314,880
319,697
320,014
322,301
324,858
325,021
66,281
69,195
69,085
67,945
68,842
68,685
15,585
15,960
16,016
16,058
16,292
16,692
50,696
53,235
53,068
51,888
52,550
51,993
42,380
42,513
42,907
42,975
43,912
44,282
206,218
207,983
208,023
211,380
212,104
212,054
153,247
155,028
154,949
158,381
159,135
159,152
..
329,370
324,941
68,155
16,902
51,252
43,464
213,322
160,530
.
July
August
September.
October.
November.
December.
.
.
.
1967-January.
.
217,126
Daily Treasury statement for total amounts outstanding; reports
from agencies and trust funds for securities held by U.S. Government
investment accounts; and reports from Federal Reserve %stem for
securities held by Federal Reserve banks.
For amounts
Includes certain debt not subject to statutory limitation.
subject to limitation, see page 1.
Includes accounts under the control of certain U.S. Government agencies
214,2511
214,115,
212,060.
Source:
1/
2/
^
4/
interest
94
55,842
54,554
55,259
56,002
56,296
58,206
60,964
d3,236
66,618
.
no
100
274,698
281,833
283,241
285,672
294,442
301,954
307,357
313,113
315,431
.
2/
60
153
277
440
653
450
367
28i,817
286,471
289,211
298,645
306,466
312,526
317, Bd4
320,369
1966-January.
February.
March
April
May
June
Held by
private
investors
1,646
2,873
3,090
3,300
3,759
3,907
4,357
4,163
4,477
276,
1959
I960
1961
1962
1963
1964
19b5
1966
.
Government
investment
accounts
2/
1958
1965-Deoember.
U.S.
Matured
debt
and
debt
bearing
46
47
54
63
79
87
167
165
159
139
444
605
812
589
97
96
94
94
501
393
whose investments are handled outside the Treasury.
The total amount of interest-bearing securities held by private investors is calculated by deducting from the total amount outstanding the
amount held by U.S. Government investment accounts and Federal
Reserve banks.
Consists of guaranteed securities held outside the Treasury. All are
public marketable issues.
Table 2. - Net Market Purchases or Sales of Federal Securities for
Investment Accounts and Other Accounts Handled by the Treasury!/
(In millions of dollars; negative figures are net sales)
Year
Jan.
Apr.
May
-55.6
3.3
-61.3
-12.1
1.5
-338.6
-30.4
-54.7
1.1
8.4
19.9
36.2
-2.9
-1.9
11.4
2.9
35.9
2.3
29.9
46.7
35.4
-2.1
44.0
56.2
5.7
313.4
-86.3
53.1
1945.
1946.
1947.
1948.
1949.
-67.5
-8.1
-.2
8.8
177.4
-1.8
1950.
1951.
1952.
1953.
1954.
-6.6
36.8
22.1
24.6
7.0
13.5
261.2
6.7
8.8
-4.0
6.3
482.7
1955.
1956,
23.0-1.3
14.3
18.9
10.7
-12?.
14.1
77.2
-9.8
72.6
-155.9
23.0
17.5
-5.6
76.9
?0.7
148.7
16.5
-21.3
47.1
142.1
101.1
56.1
18.9
293.5
111.3
16.4
19.5
18.2
32.3
44.6
397.6
75.1
210.9
334.5
83.2
38.2
7.0
27.1
1957,
1958,
1959.
I960,
1961,
1962,
1963,
1964.
1965.
1966,
1967,
1/
-48.1
-.7
.1
-5.9
-4.7
106.8
5.1
.5
12.9
-22.4
13.4
10.6
62.2
43.1
-34.4
.4
June
-56.4
-69.8
-359.2
1.1
-88.4
Aug.
July
Sept.
-17.0
-157.8
-609.1
5.4
-.1
-.2
-41.2
-308.1
4.4
3.8
-12.5
-74.1
-123.1
7.2
4.6
8.2
-2.0
4.7
1.9
5.0
2.8
3.5
.4
Oct.
Nov.
Dec.
-1.7
-57.6
221.0
-.8
11.5
-20.3
696.4
-.2
-.1
10.7
-3.6
11.7
-1.1
14.2
7.0
29.0
3.2
7.9
33.9
-67.3
55.1
234.3
21.3
33.3
71.6
113.1
.3
-123.0
-14.1
.1
1.4
7.9
-21.7
-17.2
38.4
-10.0
5.8
8.4
16.5
17.0
21.1
9.9
74.8
49.2
182.4
445.5
32.2
20.3
9.4
26.4
IP.l
18.3
11.8
8.4
10.3
10.6
28.3
-30.7
56.2
26.6
17.3
41.1
21.8
24.2
39.9
656.2
155.8
-14.5
15.4
-8.7
73.9
141.0
35.5
25.6
61.9
-59.0
28.7
44.4
17.3
-304.4
33.5
223.4
3.4
25.1
325.5
373.1
169.8
25.5
36.8
-23.3
345.7
126.2
-25.4
436.7
100.1
143.1
298.8
69.7
59.4
145.9
60.3
578.6
264.1
198.6
55.5
39.8
-12.5
233.0
105.9
Consists of purchases or sales, in the market, by the Treasury of securities
issued or guaranteed by the U.S. Government for (l) trust funds which by
law are under the control of the Secretary of the Treasury or the Treasurer
of the U.S., (2) accounts under the control of certain U.S. Government
agencies whose investments are handled through the facilities of the
Treasurv Denartment.t anH f3l mirfhaseR nri nr t.n m«tnT'i+v hw tho .*^o^,'otnT'Ar
5.1
3.5
1.5
20.1
-45.5
22.5
398.8
15.8
I''?. 2
.2
.6
41.0
43.''
105.5
39.7
57.3
27.8
19.5
33.8
116.8
-1.9
.3
of the Treasury of any outstanding securities as authorized under
Section 19 of the Second Liberty Bond Act, as amended (31 U.S.C. 754a).
This table excludes (l) all investment transactions for the Exchange
Stabilization Fund; and (2) all purchases by subscription on original
issue and all securities which are redeemed upon maturity.
T.eRR than 4*10.000,
o
.
Treasury Bulletin
66
OWNERSHIP OF FEDERAL SECURITIES.
Table
3.
-
Estimated Ownership of Federal Securities
(Par values 1/ in billions of dollars)
Held by private nonbank investors
Held by banks
Total
Federal
securities
outstanding 2/
End of
month
1939-Dec
U,
Commercial
banks
Federal
Reserve
Banks
S.
Government investment
accounts
Individuals
^
Savings bonds
Total
Total
Series
E and H
Other
series
^
Other
securities
Mutual
Insurance savcompanies ings
banks
State
and
Corporalocal
tions 6/
governments
Foreign
and international
8/
2/
47.6
15.9
2.5
6.5
22.7
1.9
8.2
6.3
3.1
1946-Feb. 2/
Dec
279.8
259.5
93.8
74.5
22.9
23.3
28.0
30.9
135.1
130.7
64.1
64.2
30.8
30.3
12.5
13.9
20.8
20.1
24.4
24.9
11.1
11.8
19.9
15.3
6.7
6.3
2.4
2.1
1950-June...
257.4
256.7
65.6
61.8
18.3
20.8
37.8
39.2
135.6
134.9
67.4
66.-3
34.5
34.5
15.4
15.1
17.6
16.7
19.8
18.7
11.6
10.9
18.4
19.7
8.7
8.8
4.3
255.3
259.5
58.4
61.6
23.0
23.8
41.0
42.3
132.9
131.8
65.4
64.6
34.5
34.7
14.6
14.4
16.3
15.5
17.1
16.5
10.2
9.8
20.1
20.7
9.4
9.6
4.2
4.3
259.2
267.4
61.1
63.4
22.9
24.7
U.3
130.8
133.4
64.8
65.2
34.
14.1
13.8
15.7
16.0
9.6
9.5
18.8
19.9
4.7
35.
15.7
16.0
10.4
45.9
11.1
5.3
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.
36.
13.2
12.7
16.8
15.4
16.0
15.9
9.5
9.2
18.6
21.5
12.0
12.7
5.7
5.9
271.3
278.8
63.6
69.2
25.0
24.9
49.3
49.6
133.3
135.1
64.8
63.5
37.
38.
12.1
11.7
15.2
13.6
15.4
15.3
16.5
19.1
13.9
14.4
6.0
6.3
1955-June...
Dec
274.4
280.8
63.5
62.0
23.6
24.8
50.5
51.7
136.7
142.3
65.2
65.0
39.3
40.1
10.9
10.2
15.0
14.8
15.0
14.6
8.7
8.5
13.6
23.2
14.7
15.4
6.8
7.5
19 56- June...
Dec
272.8
276.7
57.3
59.5
23.8
24.9
53.5
54.0
138.3
138.2
66.6
65.9
40.9
41.4
9.4
8.7
16.3
15.8
13.6
13.2
8.4
8.0
17.3
18.7
16.1
16.3
7.9
7.8
19 57- June...
270.6
275.0
56.2
59.5
23.0
24.2
55.6
55.2
135.9
136.1
66.3
64.9
41.5
41.6
7.6
6.6
17.2
16.7
12.7
12.5
7.9
7.6
16.1
17.7
16.8
16.6
7.6
7.6
276.4
283.0
65.3
67.5
25.4
26.3
55.9
54.4
129.9
134.8
64.4
63.7
42.1
42.5
5.9
5.2
16.4
16.0
12.2
12.7
7.4
7.3
14.1
18.1
16.3
16.5
6.5
7.7
284.8
290.9
61.5
60.3
26.0
26.6
54.6
53.7
142.6
150.3
66.3
69.4
42.6
42.4
4.5
3.5
19.3
23.5
12.6
12.5
7.3
6.9
19.8
21.4
16.9
18.0
10.1
12.0
286.5
290.4
55.3
62.1
26.5
27.4
55.3
55.1
149.3
145.8
69.7
66.1
42.5
42.9
3.1
2.7
24.1
20.5
12.0
11.9
6.6
6.3
19.5
18.7
13.8
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
64.6
65.9
43.6
U.2
2.5
2.2
18.6
19.5
11.4
11.4
6.3
6.1
18.5
18.5
19.3
19.0
12.7
13.4
1962- June
Dec
298.6
304.0
65.2
67.2
29.7
30.8
56.5
55.6
147.3
150.4
65.7
66.0
44.6
45.1
2.0
1.8
19.0
19.2
11.4
11.5
6.3
6.1
18.2
18.6
20.1
20.1
14.1
15.3
1963- June
Dec
306.5
310.1
64.4
64.3
32.0
33.6
58.4
58.0
151.7
154.3
66.1
68.2
46.0
46.7
1.5
1.4
18.6
20.1
11.0
11.3
6.1
5.8
18.7
18.7
21.5
21.1
15.8
15.9
196i-June
Deo
312.5
318.7
60.2
64.0
34.8
37.0
61.1
60.6
156.4
157.1
69.2
70.0
47.3
47.9
1.2
1.0
20.7
21.1
10.9
11.1
6.0
5.7
18.5
22.5
21.2
15.6
16.7
1965- Jan
Feb
Mar
Apr
May
313.6
320.6
318.4
317.2
319.8
317.9
317.1
318.7
317.3
319.4
322.2
321.4
62.9
61.7
60.4
59.7
58.4
58.3
57. 2r
56.4r
57. 4r
59. 6r
59. 8r
60. 8r
36.7
36.9
37.6
37.8
38.7
39.1
39.2
39.0
39.8
39.7
40.6
40.8
59.1
60.4
60.7
59.2
62.7
63.4
62.3
64.8
63.6
62.3
62.8
61.9
160.0
161.6
159.8
160.6
160.1
157.1
158.3
70.6
71.0
71.5
71.2
48.0
48.1
48.2
48.2
48.3
48.3
48.4
48.5
48.5
48.6
48.7
48.8
1.0
1.0
1.0
1.0
11.3
11.2
11.1
11.0
10.9
10.6
10.6
10.6
10.6
10.5
10.4
10.4
5.8
5.9
18.6
19.0
17.2
17.0
17.6
15.1
15.9
16.1
14.7
15.6
16.7
22.2
23.0
23.2
24.3
.8
21.5
21.8
22.3
22.0
22.0
21.8
22.5
22.4
22.8
22.8
22.7
22.7
16.5
16.6
16.0
16.0
15.8
15.7
15.7
15.9
16.3
16.3
16.5
16.7
322.4
323.7
321.5
320.1
322.8
320.4
319.8
324.9
325.3
327.4
329.9
329.8
60. 9r
40.6
40.2
40.7
40.7
41.5
42.2
42.4
42.5
42.9
43.0
43.9
44.3
60.0
61.7
61.7
60.5
64.5
66.7
66.4
69.3
69.2
68.0
68.9
68.8
10.4
.7
.7
.6
.6
.6
23. 6r
23. 9r
24. 9r
24. 6r
24. 3r
24. Ir
24. 2r
Dec
19 51- June...
Deo
19 52- June...
Dec
19 53- June...
Dec
19 54- June...
Dec
Dec
1958-June
Dec
19 59- June
Dec
1960-June
Dec
June.
July
.
.
Aug
Sept
Oct
Nov
Deo
1966- Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
Oct
Nov
Dec p.
.
.
.
.
58.7
57. Or
57.0r
55. It
54.7
53. 4r
54. 7r
54.4r
54.9r
55.1
57.2
158. 5r
156. 5r
157. 9r
159. Or
158. Or
161. Or
71.2
71.1
71.8
71.8
72.2
72.2
72.3
72.3
161. 7r
156. 8r
157. 6r
158. 4r
158. 7r
161. 5r
73. 2r
73. 5r
74. 6r
74. 3r
74. Ir
73. 9r
74. It
74. 8r
75. 8r
76. 2r
162.0
159.5
75.9
75.5
163.2
162. 2r
161.9r
Source: Office of Debt Analysis in the Office of the Secretary.
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.
Figures exclude securities held in trust departments.
,9
.9
.9
.9
.9
48.8
48.9
49.0
49.0
49.1
49.2
49.3
49.4
49.4
49.5
49.7
49.8
.5
.5
.4
25. 8r
26. 2r
4
.4
25.8
25.4
•
4'
6/
2/
8/
2/
24.8
10.3
10.2
10.1
10.0
9.7
9.7
9.7
9.7
9.6
9.7
9.6
6.0
5.8
5.8
5.8
5.7
5.7
5.7
5.5
5.4
5-4
.2
17.
15.5
5.5
5.5
5.5
5.3
5.2
5.1
16.5
17.4
15.7
15.7
5.0
5.0
5.0
4.8
4.8
4.7
14. 2r
16. 2r
13.9r
U.3r
13. 5r
14. 9r
16.0
U.7
24.4
24.1
24.0
23. 7r
23. Or
23. 3r
22. 9r
22. 9r
23. 7r
24. 7r
24. 4r
25. Ir
25. 3r
24. 5r
24. 8r
24. 6r
24. 2r
24. 2r
24.1
23.7
3.5
16.4
16.2
16.0
15.7
15.6
15.4
15.3
15.4
15.2
15.2
15.3
14.6
Includes partnerships and personal trust accounts.
Discontinued series. See savings bonds tables.
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.
Immediate postwar debt peak.
r
p
Preliminary.
Revised.
February 1967
67
.TREASURY SURVEY OF OWNERSHIP, DECEMBER
The monthly Treasury Survey of Ovmership covers securities issued by the United States Government and by Federal
agencies.
The banks and insurance companies included in the
Survey currently account for about 90 percent of all such
securities held by these institutions.
The similar proportion
for corporations and for savings and loan associations is 50
percent, and for State and local governments, 70 percent.
Data were first published for banks and insurance companies
in the May 19^1
Treasury Bulletin, for corporations and
Section
I
-
Securities Issued
Table
1.
or
-
31.
1966
savings and loan associations in the September I960 Bulletin,
and for State and local governments in the February 1962
Bulletin.
Holdings by commercial banks distributed according to
Federal Reserve member bank classes and nonraember banks are
published for June 30 and December 31. Holdings by corporate pension trust funds are published quarterly, first
appearing in the March 1954 Bulletin.
Guaranteed by the United States Government
Summary
of All Securities
Treasury Bulletin
68
.TREASURY SURVEY OF OWNERSHIP, DECEMBER
Section
I
-
Table
31, 1966
Securities Issued or Guaranteed by the United States Government
3.
-
Interest-Bearing Public Marketable Securities by Issues
February 1967
69
TREASURY SURVEY OF OWNERSHIP, DECEMBER
31, 1966
Securities Issued or Guaranteed by the United States
Section
I
-
Table
-
Interest-Bearing Public Marketable Securities by Issues
3.
(Par values - in millions of dollars)
Government
-
(Continued)
Treasury Bulletin
70
TREASURY SURVEY OF OWNERSHIP, DECEMBER
Section
II
-
31, 1966.
Interest-Bearing Securities Issued by Federal Agencies But
Not Guaranteed by the United States Government
(Par Values
Footnotes at end of table.
-
in millions of dollars]
(Continued on following page)
FebTuary 1967
71
TREASURY SURVEY OF OWNERSHIP, DECEMBER
Section
II
-
31, 1966
Interest-Bearing Securities Issued by Federal Agencies But
Not Guaranteed by the United States Government
-
(Continued)
Treasury Bulletin
72
.TREASURY SURVEY COMMERCIAL BANK OWNERSHIP, DECEMBER
-
31, 1966
This analysis of commercial bank ownership was first
The tables which follow provide an analysis of the
•
security holdings of commercial banks reporting In the
published In the May 19^4 issue of the "Treasury Bulletin,
Treasury survey of ownership of securities issued by the
United States Government and by Federal agencies. The
figures show the total holdings distributed according to
Federal Reserve member bank classes and nonmember banks.
based on the survey data for December 31, 1-3^3.
It has
appeared at semiannual or quarterly Intervals since that
Section
I -
time,
and is now being published for the June 30 and De-
cember 31 survey data.
Interest-Bearing Securities Issued or Guaranteed by the United States Government
Table
I. -
Summary
(par values
-
of All Securities
in millions of dollars)
February 1967
73
.TREASURY SURVEY
Section
COMMERCIAL BANK OWNERSHIP, DECEMBER
31, 1966.
Interest-Bearing Securities Issued or Guaranteed by the United States
-
I
-
Table
3.
Government
-Public Marketable Securities by Issues
(Par values - in millions of dollars)
Federal Reserve member banks
Issues
Treasury bills :
Regular weekly and annual
maturing
1966-Mar. 1967
Dec.
1967-Juiie 1967
Apr.
July 1967
1967
Aug.
Sept. 1967
Oct.
1967
1967
Nov.
Held by
5,908
commercial
banks 1/
71
136
206
424
335
8,771
Total Treasury bills
Certificates of indebtedness
1967-A
Aug.
5-l/i%
Treasury notes :
Feb.
456
Feb.
3-5/8
May
i-lA
Aug.
4-7/8
Aug.
3-3/4
Nov.
4-7/8
Feb.
5-5/8
Nov.
5
May
5-1/4
Nov.
5-3/8
Apr.
1-1/2
Oct.
1-1/2
Apr.
1-1/2
1-1/2
Oct.
1-1/2
Apr.
Oct.
1-1/2
Apr.
1-1/2
Oct.
1-1/2
1-1/2
Apr.
1-1/2
Oct.
1967-C
1967-B
1967-D
1967-E
1967-A....
1967-F
1968-A
1970-A
1971-A
1971-B
1967-EA. ..
1967-EO...
1968-EA...
1968-EO...
1969-EA...
1969-EO...
1970-EA...
1970-EO...
1971-EA...
1971-EO...
•
179
402
288
7,23
1962-67...
1963-68...
1964-69...
1964-69...
1965-70...
1966-71...
1967-72...
1967-72...
1967
1967-72...
1968
1968
1968
1969
1969
1970
1970
1971
1971
1972
1972
1973
1973
1974
1974
1974
1975-85...
1978-83
.
.
Footnotes at end of Section II.
12
New York
City
585
726
67
46
17
3,523
country
11
169
Chicago
other
119
134
22
14
913
945
60
111
1,615
741
1'
60
74
71
26
5
12
25
17
32
44
201
108
3
73
51
76
124
1,870
380
1
2,37
458
74
812
883
1,129
354
135
68
39
23
51
9
227
249
178
3
1
94
163
35
51
125
27
232
30
753
2,715
1,0°?
872
101
203
106
b94
751
867
293
1,193
309
635
2,119
826
745
91
188
96
U
5
399
78
268
520
199
235
32
28
7
13
2
1,393
405
2
12
75
20
39
53
45
7
2
28
66
23
24
«
1
58
1
2
21
1
36
5
34
4
2
1
664
016
,249
,149
838
490
369
,073
537
601
575
,432
560
966
,947
,837
,336
Q?2
,091
775
781
,235
,ol8
,211
,284
395
84
45
90
40
17
11
17
11
21
958
428
538
463
1,173
439
801
1,556
1,515
1,028
797
948
14
15
55
2,663
309
382
640
196
601
193
303
1,399
580
239
40
65
41
19
11
38
Q
13
4
1
=,,08^,
^44
591
794
1,135
1,010
745
455
324
43
30
167
585
11,034
Total Treas\u*y notes
Treasury bonds :
Juiie
2-1/2%
2-1/2
Dec.
2-1/2
June
2-1/2
Dec.
2-1/2
Mar.
2-1/2
Mar.
2-1/2
June
2-1/2
Sept.
Nov.
3-5/8
2-1/2
Dec.
May
3-7/8
Aug.
3-3/4
3-7/8
Nov.
Feb.
4
Oct.
4
Feb.
4
Aug.
4
Aug.
4
3-7/8
Nov.
Feb.
4
Aug.
4
Aug.
4
Nov.
4-1/8
Feb.
4-1/8
May
4-1/4
3-7/8
Nov.
May
4-1/4
June
3-1/4
57
128
64
75
Tax anticipation:
1967
Mar.
1967
Apr.
June 1967
member
banks
3,232
2,546
191
201
4,085
2,971
213
255
,
192 Reserve city
3,715
21
28
97
61
39
18
3U
51
5
8
90
4
17
423
596
530
395
215
121
459
140
268
13
8
85
81
11
79
86
190
69
24
11
20
23
398
110
201
335
388
248
225
389
237
123
356
377
441
481
123
29
17
52
15
29
659
675
1,058
1,395
1,059
1,108
333
64
34
206
164
340
39
1
178
236
(Continued on following page)
14
4
74
42
25
77
40
5
77
5
5
2
101
13
22
77
78
24
18
2
188
325
368
378
272
149
134
443
276
163
357
674
296
517
1,057
932
706
547
446
374
323
462
599
417
374
194
32
21
Treasury Bulletin
74
.TREASURY SURVEY
Section
I
-
-
COMMERCIAL BANK OWNERSHIP, DECEMBER
31, 1966.
Interest-Bearing Securities Issued or Guaranteed by the United States Government
Table 3. - Public Marketable Securities by Issues - (Continued)
(Par values - in millions of dollars)
Federal Reserve member banks
Held by
Issues
Treasury
~4J?
3-1/2
3-1/4
4-1/4
4
4-1/8
3-1/2
3
3-1/2
bonds - (Continued):
Feb.
1980
1980
Nov.
May
1985
1987-92
Aug.
Feb.
1988-93
May
1989-94
Feb.
1990
Feb.
1995
Nov.
1998
5,90o
commercial
banks 1/
99
118
89
175
4
16
171
27
60
192 Reserve city
3,715
member
banks
81
101
65
136
4
16
161
22
12
11
New York
City
Chicago
24
18
9
2
1
36
49
1
27
2
1
1
169
other
2
36
27
29
2
11
52
3
51
3
12
8,228
Total Treasury bonds
26,791
22,724
2,310
Total public marketable
securities
47,182
39,463
5,198
1,540
13,456
country
55
2,193
nonmember
banks
February 1967
75
TREASURY SURVEY
Section
II
-
-
COMMERCIAL BANK OWNERSHIP, DECEMBER
31, 1966.
Interest-Bearing 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
5,908
commercial
banks 1/
Issues
Banks for cooperatives
Feb.
1967 (Debentures)
5.90$
Apr.
1967 (Debentures).
6-lA
May
1967 (Debentures)
5.95
June 1967 ( Debentures )
6.05
192 Reserve city
3,715
member
banks
3,523
country
12
New York
City
11
169
Chicago
other
:
Total.
Federal home loan banks:
Jan.
1967 (Notes).
5.65*
Jan.
1967 (Bonds).
i-1/2
Feb.
1967 (Notes).
5.40
Mar.
1967 (Notes).
5.iO
Apr.
1967 (Notes).
5.55
June 1967 (Bonds).
5-3A
July 1967 (Bonds).
5-3A
Aug.
5-7/8
1967 (Bonds).
Sept.
1967 (Bonds).
6-lA
Sept. 1967 (Bonds).
4-lA
Oct.
6
1967 (Bonds).
6
Nov.
1967 ( Bonds )
Jan.
1968 (Bonds).
5-3A
Mar.
1968 ( Bonds )
4-3/8
Mar.
5-3/8
1969 (Bonds).
Total.
19
2
1
49
33
_4_
206
140
42
85
79
81
82
29
67
69
37
38
Federal intermediate credit banks
(Debentures)
Bonds )
Bonds )
Bonds )
(Bonds)
Bonds )
Bonds
(Bonds).
(
(
(
(
(
61
28
32
79
87
104
107
112
Total.
Federal land banks:
Feb.
5.60$
1967
Feb.
1967
4-1/4
4-1/8
Feb.
1967-72
May
1967
4
July 1967
6.05
Aug.
1967
4-3/4
Oct.
1967
5-3/4
4-1/8
Oct.
1967
Oct.
1967-70
4-1/2
5-7/8
Dec.
1967
Jan.
5-1/8
1968
Mar.
4-1/4
1968
May
5-1/4
1968
June
1968
4
Aug.
4-1/4
1968
Mar.
4-3/8
1969
July 1969
4-5/8
July 1969
4-1/4
4-1/4
Oct.
1969
5-1/8
Feb.
1970
3-1/2
Apr.
1970
5-1/8
July 1970
3-1/2
May
1971
Sept. 1972
3-7/8
4-1/8
Feb.
1973-78
4-1/2
Feb. 1974
Apr.
4-3/8
1975
Feb.
1976
5
July 1976
5-3/8
1978'
5-1/8
Apr.
46
)
(Bonds).
(Bonds).
(Bonds).
(Bonds).
(Bonds).
(Bonds).
( Bonds )
( Bonds )
(Bonds)
(Bonds)
(Bonds)
( Bonds )
(Bonds)
( Bonds )
(Bonds).
(Bonds).
( Bonds )
(Bonds).
(Bonds).
(Bonds).
(Bonds).
(Bonds).
(Bonds)
31
64
82
78
88
58
61
49
59
21
42
30
U
4
21
22
6
11
19
18
5
1
3
4
10
6
6
2
1
2
7
19
2
52
25
10
47
25
30
1,067
76i
52
584
412
53
23
31
14
23
4
30
28
27
17
29
7
156
:
5
41
48
39
27
40
4
38
31
21
8
6
28
40
23
4
4
3
31
54
4
19
2
24
4
7
14
42
3
17
2
4
5
5
15
12
16
7
14
18
6
6
13
705
504
24
57
2
53
55
52
32
6
17
13
101
26
2,193
nonmember
banks
Treasury Bulletin
76
.TREASURY SURVEY
-
COMMERCIAL BANK OWNERSHIP, DECEMBER
31,
II - Interest-Bearing Securities Issued by Federal Agencies But
Not Guaranteed by the United States Government - (Continued)
Section
(Par values - in millions of dollars)
1966
.
February 1967
77
.MARKET QUOTATIONS ONTREASURY SECURITIES, JANUARY
Current market quotations shown here are over-thecounter closing bid quotations in the New York market
for the last trading day of the month, as reported to
the Treasury by the Federal Reserve Bank of New York.
Table
Amount outstanding
(millions)
1. -
31, 1967.
The securities listed include all regularly quoted public
marketable securities issued by the United States Treasury. Securities issued by Federal agencies and guaranteed
by the United States Government are excluded.
Treasury Bills
Treasury Bulletin
78
.MARKET QUOTATIONS ON TREASURY SECURITIES, JANUARY
Table
4.
-
Treasury Bonds
(Price decimals are 32ndsJ
31. 1967
il
FehTuary i967
79
.MARKET QUOTATIONS ON TREASURY SECURITIES. JANUARY
z
tij
o
q:
_w
coo.
ro
o
O
N
in
o
CO
o
o
o
o
lO
31, 1967,
s
..
.
s
s
s
)
s
s
Treasury Bulletin
80
AVERAGE YIELDS OF LONG-TERM BONDS,
Table
1.
Average Yields of Treasury and Corporate Bonds by Periods
-
[
•
Treasury
bonds 1/
Period
Moody s Aaa
corporate
bonds
Percent per annum
'
Treasury
bonds 1/
Period
Moody s Aaa
corporate
bonds
'
Period
Treasury
bonds 1/
Moody s Aaa
corporate
bonds
4.08
4.02
3.90
3.95
4.00
4.15
4.21
4.65
4.38
4.41
4.35
4.33
4.26
4.40
4.49
5.13
'
Annual series - calendar year averages of monthly series
2.47
2.48
2.37
2.19
2.25
1943
19a
1945
19i6
19i7
1948
1949
1950
2.U
2.31
2.32
2.66
2.62
2.86
2.96
3.20
2.90
3.06
3.36
3.89
3.79
2.57
2.68
2.94
2.55
2.84
3.08
3.47
3.43
1951.
1952.
1953.
1954.
1955.
1956.
1957.
1958.
73
72
62
53
61
82
1959.
1960.
1961.
1962.
1963.
1964.
1965.
1966.
Monthly series - averages of daily series
Moody
Aaa
corporate
bonds
Treasury
bonds 1/
Period
Moody
Aaa
corporate
bonds
Treasury
bonds 1/
Treasury
bonds 1/
m&
1956
Moody
Aaa
corporate
bonds
Moody
Aaa
corporate
bonds
Treasury
bonds 1/
Moody
Aaa
corporate
bonds
Treasury
bonds 1/
Moody
Aaa
corporate
bonds
'
'
'
'
'
'
Treasury
bonds 1/
1960
1966
January.
February.
March.
April.
May
June
2.88
2.85
2.93 2/
3.07
2.97
2. 03
3.11
3.08
3.10
3.24
3.28
3.27
3.24 2/
3.28
3.25
3.12
3.14
3.20 2/
3.60
3.59
3.63
3.60
3.57
3.57
4.37
4.22
4.08
4.18 2/
4.16
3.98
4.61
4.56
4.49
4.45
4.46
4.45
4.08
4.09
4.01
3.89
3.88
3.90
4.42
4.42
4.39
4.33
4.28
4.28
4.15
4.14
4.18
4.20
4.16
4.13
4.37
4.36
4.38
4.40
4.41
4.41
4.43
4.61
4.63
4.55
4.57
4.63
4.74
4.78
4.92
4.96
4.98
5.07
July
August. .
September
October.
3.00
3.17
3.21
3.20
3.30
3.40
3.28
3.43
3.56
3.59
3.69
3.75
3.36
3.60
3.75
3.76
3.70
3.80
3.67
3.85
4.09
4.11
4.09
4.08
3.86
3.79
3.84 2/
4.41
4.28
4.25
4.30
4.31
4.35
4.02 2/
3.98
3.94
3.89
3.87
3.87
4.34
4.35
4.32
4.28
4.25
4.24
4.13
4.14
4.16
4.16
4.12 2/
4.14
4.40
4.41
4.42
4.42
4.43
4.44
4.75
4.80
4.79
4.70
4.74
4.65
5.16
5.31
5.49
1959
3.91 2/
3.92
3.92
4.01
4.08
4.09
4.12
4.14
4.13
4.23
4.37
3.89
3.81
3.78
4.46
3.80
3.73
3.88
4.32
4.27
4.22
4.25
4.27
4.33
1963
3.89 2/
3.92
3.93
3.Q7 2/
3.97
4.00
4.21
4.19
4.1°
4.21
4.22
4.23
1965
4.14
4.16
4.15
4.15
4.14 2/
4.14
4.44
4.46
4.11
4.10
4.26
4.11 1/
4.12
4.27
4.47
4.43
4.5?
4.57
4.56
4.58
3.90
4.00
4.02
3.98
3.98
4.06
4.41
4.45
4.45
4.42
4.39
4.42
4.01
3.99
4.04
4.07
4.11
4.14
4.26
4.29
4.31
4.32
4.33
4.35
4.15
4.19
4.25
4.28
4.34
4.43
4.48
4.49
4.52
4.56
4.60
4.68
.
.
.
.
November
December.
1957
January
February.
March.
April.
May
June
3.34
3.26
3.32
3.40
3.58 2/
3.77
3.67
3.66
3.67
3.74
3.91
July
August.
September
October.
November.
December.
3.60
3.63
3.66 Z/y
3.73
3.57 2/
3.30 2/
3.90
4.10
4.12
4.10
4.08
3.81
.
.
.
.
.
3.22
.
Treasury
bonds
Period
V
Moody s Aaa
corporate
bonds
1961
'
Period
Weekly series
1966-August
5..
3.91
3.93
3.88
-
Treasury
bonds 1/
Moody s Aaa
corporate
bonds
'
average of daily series for weeks ending
Period
5.
a
5.35
5.39
1967
4.40
Treasury
bonds 1/
5.20
Moody s Aaa
corporate
bonds
'
February 1967
81
AVERAGE YIELDS OF LONG -TERM BONDS
Q
O
CQ
LU
o
o.
od
O
O
Q
Z
Treasury Bulletin
82
INTERNATIONAL FINANCIAL STATISTICS.
Table
1.-
U.S. Gold Stock, and Holdings of Convertible Foreign
Currencies by U. S. Monetary Authorities
February 1967
83
.INTERNATIONAL FINANCIAL STATISTICS.
Table 3. - U. S. Net Monetary Gold Transactions
with Foreign Countries and International and Regional Organizations
(In millions of dollars at $35 per fine troy ouncp; negative figures represent net s.iles by the United States;
positive figures, net acquisitions)
Calendar year
Area and country
V-'tl
Western Europe:
Austria
Belgium
Denmark
France
Germany
Greece
Italy
Netherlands
Spain
Switzerland
Turkey
United Kingdom
Bank for International Settlements....
Other
Total Western Europe
1962
-I,')
-_^5
15
-.';3
-10
100
-25
-156
-U6
-125
-2
-306
-23
-3
-75i
Canada
Latin American Republics:
Argentina
Brazil
Colombia
Mexico
Peru
Venezuela
Other
Total Latin American Republics
-90
-2
-6
-12
-109
Asia:
Japan
Other
-101
Total Asia
-101
Africa
Total Africa
;
-5
Other countries:
Total other countries
Total foreign countries
International and regional organizations
Grand total
-970
150
-820
-833
.
Treasury Bulletin
84
INTERNATIONAL FINANCIAL STATISTICS.
Table
4.
-
Estimated Gold Reserves and Dollar Holdings of Foreign Countries
and International Institutions 1/
(Position at end of period in millions of dollars)
1^65
19 6 i
December
Area and country
Gold and
shortterm
dollars
Western Europe:
Austria
September
U.S. Gov-
ernment
bonds
and notes
923
1,887
Belgiuin
Denmark
Finland
France
Germany, Fed. Republic of
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Other 2/
428
14
212
5,392
6,258
248
3,729
2,055
215
780
1,010
833
4,095
1
7
1
1
5
79
li.0
Total Western Europe
4,020
414
508
49
959
1,972
335
179
5,667
5,753
228
3,758
2,086
262
837
1,064
906
4,039
140
5,101
393
"11
December
U.S. Gov-
ernment
bonds
and notes
14
1
7
1
s
1
6
68
2
Gold and
shortterm
dollars
89
50
553
50
814
34.058
548
10
10
1,135
478
303
113
323
299
1,091
558
861
120
324
292
1,13°
584
4, 381
4,570
.4,786
Indonesia
Japan
Philippines
Thailand
Other
306
73
3,071
256
562
2,059
357
58
365
66
3,274
Total Asia
6,327
Total Africa
d76
263
249
2,223
41
3,342
342
638
2,249
6,822
51
7,002
312
598
621
163
283
6
49
150
A,9T)
34
904
99
Africa;
South Africa
United Arab Republic (Egypt)...
Other Africa
1
24
498
446
49
1
849
449
475
249
200
Total Latin American Republics.
1
7
4,024
2,095
354
398
993
362
350
219
267
12
Asia;
India
14
192
5,703
5,839
229
3,725
273
282
ernment
bonds
and notes
950
1,956
402
3,928
Latip American Republics;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama, Republic of
Peru
Uruguay
Venezuela
Other
U.S. Gov-
i.ai
24
33,679
32,733
Canada
Gold and
shortterm
dollars
41
400
159
357
16
169
347
16
16
992
16
1,067
16
916
402
382
26
386
476
Other countries;
Australia
Other 2/
421
477
Total other countries
784
26
807
28
856
Total foreign countries
49,302
1,501
50,722
1,632
51,419
International and regional 4/,
Grand total
,
,
,161
904
6,999
56,463
2,405
57,721
V
795
6,878
2,427
58,297
29
y
leoTuary lyoi
INTERN ATTON AT, FINANCIAL STATISTICS
.
Treasury Bttlletini
86
.CAPITAL
MOVEMENTS,
Background
"Short-term" refers to obligations payable on demand
Data relating to capital movements between the United
States and foreign countries have been collected since 1935,
or having an original maturity of one year or less, without
pursuant to Executive Order 656O of January 15, 1934, Execu-
deduction of any offsets.
tive Order 10033 of February
promulgated thereunder.
8,
1949, and Treasury regulations
Information on the principal types of
data and the principal countries is published monthly in the
"Long-term" refers to obligations
having an original maturity of more than one year, and includes securities having no contractual maturity.
Exclusions
Reports by banks, bankers, securities
The data published herein do not cover all types of
brokers and dealers, and nonbanking business concerns in the
capital movements between the United States and foreign
United States are made initially to the Federal Reserve Banks,
countries.
"Treasury Bulletin."
The data reported to and published hy the Treasiiry
These
Department exclude entirely the intercompany capital trans-
statistics are consolidated by the Treasury and published as
actions of business enterprises in the United States with
promptly as possible.
their own branches and subsidiaries abroad or with their for-
which forward consolidated figures to the Treasury.
The reporting forms and instructions used in the collec-
tion of the statistics have been revised a number of times.
The most recent general revision became effective with reports
covering data as of May 31, 1963.1/
A detailed description
of the content of the statistics, including the changes instituted in 1963, appeared in the July 1963 issue of the "Treasury
Bulletin," pages 79-81.
As a result of changes in presentation
eign 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 trans-
.
actions not effected through reporting institutions, such as
securities transactions carried out entirely abroad, are not
introduced in that issue, not all breakdowns previously
recorded in the Treasury reports.
published will be exactly comparable to those now presented.
types of capital transactions are published by the Department
Basic definitions
of Commerce in its regular reports on the United States
The term "foreigner" as used in the Treasury reports
Consolidated data on all
balance of payments
covers all institutions and individuals domiciled outside
The liabilities data exclude U.S. Treasury letters of
the United States, including Ifaited States citizens domiciled
credit, and nonnegotiable, noninterest-bearing special notes
abroad and the foreign subsidiaries and offices of United
of the United States held by the Inter-American Development
States banks and business concerns; the central governments,
Bank and the International Development Association.
central banks, and other official institutions of foreign
The data on securities transactions and on foreign
countries, wherever located; and international and regional
holdings of U.S. Government bonds and notes exclude non-
organizations, wherever located.
marketable U.S. Treasury notes, foreign series, and
data are reported opposite the foreign
In general,
country or geographical area in which the foreigner is domiciled.
Data pertaining to branches or agencies of foreign
official institutions are reported opposite the country to
which the official institution belongs.
Data pertaining to
non'-
marke table U.S. Treasury bonds, foreign currency series
(see "International Financial Statistics" section, Table
2).
Presentation of statistics
Data collected monthly on the Treasury Foreign Exchange
international and regional organizations are reported opposite
Forms are published in three sections.
the classification "International,"
"European regional,"
summary of the principal data by period; Section II presents
"Latin American regional," or"Asian regional," as appropriate,
data by country and by period; and Section III shows detailed
except for the
Bank
for International Settlements and the
European Fund, which are included in the classification "Other
I
provides a
breakdowns of the latest available preliminary data.
Section IV presents supplementary data viiioh are reported
less frequently than monthly but which are published monthly.
Western Europe."
^
Section
"^ be obtained from the Office of Balance of Payments Programs, Operations and Statistics, Office of
i"f
thf Assistant Secretary
the
sSrlt.^^ for
l°'"^T
T"^
International
Affairs, Treasury Department, Washington, D.C. 20220 or from Federal
Reserve Banks.
ILJsW
™fi™=
February i967
87
.CAPITAL
Table
1.
-
MOVEMENTS.
Section I - Summary by Periods
Net Movements of Banking Funds and Transactions in Long-Term Securities with Foreigners
(In millions of dollars; negative figures indicate a net outflow of capital from the United States)
Calendar year
1/
.
.
.
Treasury Bulletin
88
.CAPITAL
Section
Table
2.
-
I
-
'
MOVEMENTS-
Summary by Periods
Banking Liabilities
to
and Claims on Foreigners
1/
(Position at end of period in millions of dollars)
Short-term claims on foreigners
Short-term liabilities to foreigners
Payable in dollars
End of calendar
year or month
Total
shortterm
liabilities
,883.1
19i5.
19i6.
19i7.
1948.
19i9.
1950.
1951.
1952.
1953.
1954.
1955.
1956.
1957.
,i80.3
,116.4
,713.0
618.0
,644-8
,302.2
,546.1
,648.4
9I8.6
,600.7
,939.1
,158.3
159.1
,388.7
,271.6
450.3
,532.6
,018.6
19'^3.
1959.
I960.
1961.
1961 y.
1962....
1963....
,967.1
Foreign coxintries
Official
institutions
4,179.0
3,043.7
1,831.9
2,836.3
2,907.7
3,615.5
3,547.6
4,654.2
5,666.9
6,770.1
6,952.8
8,045.4 4/
7,916.6 4/
8,664.9
9,154.3
10,212.3
10,893.2
10,893.3
11,915.3
12,436.9
28,873.48/13,220.3
1964 8/ 2/.
Foreign
banks
2/
Other
foreigners
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
5,380.4
5,251.0
5,713.0
7,213.4 8/
Payable
International
and
regional
2,678.
2,922
2,972,
2,947,
3,001,
1,392,
1,513,
1,675,
1,779,
1,805.
1,783,
2,029.
2,252.
2,430.
2,398.
2,229.
2.355
2,356.
2,564.
3,046.
Total
longterm
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
3,751.7
5,144.5
4,637.1
3,376.3 8/4,973.5
in
foreign
currencies
Payable in dollars
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
.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
113.1
134.1
7.5
2.2
2.2
7.3
69.4
89.9
310.2
513.5
150.4
150.4
143.4
^
Total
shortterm
claims
948,
1,018,
827,
898
59.3
1966p
609.4
9,891.7
5,433.7
5,108.7
29,071.8
13,065.9
7,359.7
3,537.2
4,999.6
59.3
May
June
29,277.2
29,153.9
29,245.8
29,497.6
29,706.4
29,628.7
12,550.1
12,156.7
12,137.3
12,210.2
12,437.8
12,293.2
7,674.3
7,741.9
7,759.1
7,872.6
7,932.5
8,050.6
3,592.0
3,657.8
3,675.8
3,712.2
3,703.9
3,743.0
5,095.3
5,209.7
5,292.2
5,296.6
5,195.5
5,081.4
365.5
514.9
337.9
510.4
381.4 e/
568.3
725.6
405.9
436.7
343.2
455.5 6/ 1,006
7,556.9
7,471.3
7,590.1
7,473.5
7,559.7
7,643.7
July
August
September.
October. .
November p
30,706.8
31,223.6
31,084.4
32,085.9
32,439.1
8,672.9
9,141.0
9,210.7
9,354.8
10,169.9
3,729.4
3,659.8
3,843.1
3,324.3
3,794.7
December p
i2/-^\^
12,628.6
12,429.1
11,935.4
12,275.6
12,319.0
11,988.4
12,044.6
10,057.1
3,755.1
3,755.1
5,190.5
5,438.0
5,437.7
5,423.8
5,450.6
5,438.7
5,108.7
485.4
1,065.0 7,503.0
555.7
1,079.4 7,411.0
607.5 6/ 1,095.1 7,418.3
702.4
1,154.6 7,444.9
704.9
1,172.0 7,544.7
609.4 6/
7,803.3
1,442.7
1/
2/
2/
y
y
For exclusions see headnote on page 86.
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."
19^1 ^""^ °f yea'- data on the preceding line by inclusion
and claims reported by a number of banks
Included in
the series beginning December 31, 196I.
Includes reported liabilities to foreign official
institutions beginning October 1961. Figures for selected
dates are as followsend 1961, R6.3 million; end 1962,
$47.9 millionj end 1963, $30 1
million; end March 1966, $317.2 million;
end June 1966, $367.2 million;
end September 1966, $517.7 million; end
December 1966, $516.5 million
Includes claims previously held but first
reported as of May 31 1963as of that date such claims amounted
to $85.6 million.
Also includes'
claims amounting to $193.2 million reported
by banks for the first
Ds^mber 31, 1963, representing in part claims previously
ItZ
held t^
by banks but not reported.
Short-term liabilities include a net increase
of $50.8 million arising
trom changes in reporting coverage,
distributed as follows:
"Official
institutions" -$4.0 million, "Foreign banks"
+$60.3 million, "Other
.'*22.5 million, and "Payable in foreign currencies"
^2^ff"^"
-*27.9
million.
^ff^^.f^™
liabilities
01
y
u
f
s/
9,891.7
257.7
7,776. 1
257.7
271.2
7,631 7
513.5
7,734.510/271.2
588.1 6/
2/
W
11/
12/
494.3
328.7
503.4
627.9
451.5
7,803 3
7,776.1
104
109
131
328,
405,
385,
439.
497,
524.
699.
427
46O
482
617
709
952
641
773.
1,054.
1,149.
1,130.
1,132.
1,139.
,139.
,130.
584.1
660.0
883.8
1,121.6
1,076.7
1,098.2
1,837.8
2.531.1
2,573.9
2,652.9
3,429.4
4,153.8
4,559.6
4,190.2
Payable
In
foreign
currencies
47.5
98.1
165./.
100.4
110.8
240.6
91.8
78.4
101.6
211.0
163.9
149.6
147.3
197.7
217.2
479.6
585.6
586.3
557.1
Total
longterm
claims
175.6
140.7
227.5
187.7
216.7
390.4
403.9
440.5
324.9
440.9
670.9
839.4
1,173.8
1,362.1
1,545.1
1,698.4
2.033.8
2,033.8
2,160.4
3,029.8 7/1
1,132.0
,272.2
4.247.3
4,244.3
4,190.2
4,272.2
630.8
659.0
624.5
474.0
491.9
419.8
395.7
474.0
491.9
1,497.9
1,496.9
1,507.8
1,425.1
1,519.9
1,583.8
,109.5
1,094-7
1,128.0
1,073.0
1,091-0
1,079-2
4,217.1
4,220.1
4,273.6
4,348.8
4,304.2
4,268.8
475.4
436.0
444.7
406.0
420.7
469.2
4,443.6
4,421.1
4,389.7
4,417.1
4,431.1
4,389.1
1,569.9
1,548.0
1,618.7
1,606.7
1,619.3
1,738.8
1,075-3
1,055-7
1,067.8
1,089.0
,123.0
1,139.7
1,139.7
4,217.7
4,151.0
4,048.8
4,041.3
4,077.2
4,247.3
4,244.3
425.1
439.9
426.7
433.9
452.3
4,389.3
4,367.6
4,286.7
4,247.1
4,296.1
419.8
395.7
4,187.5
954.
1,373
56'
1.738,
1,733.
1,565.
1,567.1
257.0
223.6
231.0
220.6
223.9
247.7
215.0
216.5
256.4
274.0
272.9
257.7
257.7
I
557.1
109
142
235
330
303
1 ,
1
4,999.6
.
222,
151,
177,
122,
156,
206,
7,734. 510,/271 .2
,587.2
3,755.1
3,755.1
538.1
245.0
290.5
490.6
1,402.
1,565.
7,359.7
Other
claims
Other
foreigners
100,
319,
292,
361,
7,957 2 2/220.8
271.2
7,631 7
10,057.1
.
290.3
328.5
328.5
358.9
136.0
223.3
5,974.
7.469.
13,065.9
February.
March. .
April
400.7
350.9
3,614.
4j762,
4,320
5,163
11,938.4
12,044.6
1966- January.
73
86
87.9
85.2
243.0
160.9
176.6
241.9
968,
1,048,
904,
1,386.
1,548,
1,945,
2,199,
2,542.
2,624.
29,071.8
1,442.7
Foreign
banks
708
31,848.7
31,388.1
1965-December 10/.
Official
institutions
392,
1965 10/
11,/
Loans to:
1,738.
1
3.971.4
4,234.7 2/
4,516.9
4,137.5
4,516.9
Data on claims belo
low the line differ from claims above the line
because of the exclusion as of December 31, 1964 of
$58.1 million of
short-term U.S. Government claims previously included; and
because
of the addition of $545.9 million of short-term claims
and $313.3
million of long-term claims arising from the inclusion
of claims
previously held but first reported as of December
31, 1964, and from
revisions of preliminary figures.
Data on claims below the line differ from claims above
the line because of the addition of short-terra claims held in custody
for
domestic customers but reported by banks for the first
time beginning
December 31, 1965, and short-term claims reported by
banks reporting
f
s
for the first time.
See footnote 12.
Data on liabilities and claims below the line differ
from data above
the line because of changes in reporting coverage
and classification
effective December 31, 1966.
Liabilities to International and
regional above the line have been increased by $330.0 million
to
make them statistically comparable to data for previous
date; this
amount of nonlnterest-bearing special U.S. notes held by
the
International Monetary Fund was exchanged for a U.S.
Treasury letter
of credit on December 30, 1966. Liabilities to
International and
regional below the line exclude the $330.0 million
letter of credit
Preliminary,
February 1967
89
.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)
U.S. Government bonds and notes 2/
Corporate and other
Net purchases
Calendar year or month
Foreign countries
Purchases
Total
Official
1951
1952
,
1961
1962
1963
,
1964
1965
1966p
1965-December.
1966- January.
.
Febriaary.
March
April
May
June
July
August.
September
October.
November p.
December p
.
13.6
1.6
18.8
153.8
15.8
27.6
271.7
70.3
79.4
248.5
13.":'
138.7
78.2
16.3
77.2
27.3
28.7
38.7
22.7
.
.
1/
15.3
533.7
646.0
800.9
1,341.1
883.4
1953
1954
1955
1956
1957
1958
1959
1960
2/
-269.7
61.5
-47.9
96.4
942.1
-683.0
302.3
-82.0
666.1
1,223.9
1,216.9
1,729.6
1,743.7
1,779.9
1,867.1
1,149.4
1,077.2
680.2
684.2
283.3
330.3
333.6
294.3
1,356.6
231.4
728.0
792.7
812.1
1,018.3
718.3
1,187.6
528.0
1,603.0
1,231.5
2,507.9
1,196.2
1,487.1
1,153.0
1,295.9
414.5
344.8
282.4
430.0
1,236.4
673.6
1946
1947
194s
1949
1950
71 .9
262.0
97.8
61.7
q.1
46.1
49.7
-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
8.2
529.0
-135.0
-52.1
36.3
688.9
126.6
512.2
-728.0
670.9
-337.7
-75.8
-615.9
Other
36.0
95.1
56.2
1.4
.2
5.6
18.6
-4.2
2.4
-9.8
-136.4
-50.3
-67.9
-50.6
-4.8
-4.6
-117.8
-54.5
-65.5
-.1
6.3
-245.8
-20.6
-34.4
19.5
-7.4
-27.1
5.8
-253.1
-.6
7.4
International
and
regional
74.5
7.5
87.0
117.9
-19.3
9.6
14.7
68.3
-32.7
70.0
-169.1
273.0
I64.9
224.5
532.2
-521.4
301.8
-315.2
-151.2
-426.9
369.1
-58.7
-19.6
-245.2
Bonds 2/
-9.1
5.3
7.1
23.9
-34.7
19.4
13.4
8.7
Table
4.
-
2/
1/
2/
2/
107.7
120.0
200.1
212.8
289.7
324.7
287.1
310.2
2/
y
y
y
108.3
141.6
188.5
197.4
283.6
296.0
251.8
258.9
y
y
-.6
367.6
226.1
369.7
354.1
11,
666.9
739.8
650.2
15.
6.
539.1
1,115.1
28.
35.
-21,
Net
purchases
Purchases
376.7
-64.5
-150.6
514.1
-1U.3
432.1
-21.2
2.9
120.3
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
2,744.6
2,149.1
2,526.5
3,425.3
4,133.2rl
5,054.1
1.0
55.2
135.0
127.5
3U.0
17.
72.
50.1
1,599.1
296.2
392.3
416.
359.0
246.4
284.4
636.7
541.9
-99.2
-51.3
9.3
176.3
38.3
1,057.1
1,561.2
1,619.5
1,306.4
1,397.3
2,224.4
1,976.5
3,067.3
2,260.2
2,724.0
3,076.2
3,719.9r
4,739.9
198.0
67.5
130.5
445.6
539.5
63.5
41.2
52.2
63.7
34.5
35.5
46.6
84.5
22.3
22.4
186.7
58.9
170.0
154.7
14.7
35.3
127.0
28.9
100.3
135.9
410. 2r
420. 9r
395.3r
435. ir
U5.3r
482. 3r
531. 2r
547. 8|
462. 2r
361.4
368.8
442.4
316.9
307.7
255.7
460.7
675.0
74.6
250.4
93.5
205.5
201.3
99.2
64.0
.3
-43.8
157.3
60.3
140.7
188.8
.3
.1
-28.2
-35.8
y
For exclusions see headnote on page 86.
Through 1949, includes transactions in corporate bonds.
Net
purchases
Purchases
28.7
30.3
31.4
40.4
52.9
51
516. Or
536. 5r
412. 6r
329. 2r
335. 7r
344.7r
323.0
291.6
374.2
256.0
142.6
-56.3
362.9
201.7
322.7
111.1
197.5
-349.1
-413. 3r
-314.3
-93.9
15. Or
354.9r
352. 2r
347. 7r
316.1
340.2
489.1
-14. 2r
-37. Or
-15. 2r
-11. 3r
-49. 6r
-25. 'r
-16. 5r
-3.1r
6.9
-48.6
-115.0
Net
purchases
of
domestic
securities
-334.2
-89.1
-192.2
75.
944.
-584.
314.'
-11.
149.
685.
156.
141.8
-2.7
1,124.4
378.4
735.7
-668.2
877.8
-510.5
-450.8r
127.0
38.2
28. 5r
-109. 7r
95. 2r
-21. 8r
98. 9r
111.4r
-256. 7r
-1.8r
89. 5r
55.4
44.2
-6.1
Through 1949, included with transactions in U.S. Government bonds
*
and notes.
Preliminary.
Less than $50,000. r Revised.
p
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
Foreign stocks
Calendar year or month
Net
purchases
1946
1947
1948
1949
1950
1951
755.9
658.7
211.6
321.
589.
500.
1952
1953
495.
1954
1955
1956
1957
1958
1959
1960
792.4
693.3
606.5
699.0
889.0
945.6
882.9
801.9
1961
1962
1963
1964
1965
1966p
1965-December.
1966-January. .
February.
March
April
Hay
June
July
August. ..
September.
October. .
November p
December p
P
Preliroinarv.
542.
,093.3
990.5
914.8
,198.1
,756.5
490.4
634.3
291.4
311.5
710.2
801.0
677.4
621.5
841.3
509.4
991.5
1,392.0
1,915.1
1,457.6
1,445.0
1,262.4
2.037.3
2,086.0
1,843.1
2,440.1
2,676.4
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
-51i.O
-562.1
-460.4
Purchases
65.2
57.1
81.7
88.8
173.8
272.3
293.9
310.1
393.3
663.6
749.2
592.8
467.2
566.1
509.1
595.7
-1,095.4
-928.3
-1,242.1
-920.0
702.0
695.6
748.4
906.2
959.3
-9U.0
Sales
65.6
42.6
96.7
70.8
198.2
348.
329.
303.
644.'
877.
875.
621.9
803.7
803.8
591.7
965.6
805.9
644.3
548.2
616.6
730.7
Net
purchases
-.4
14.6
-15.0
18.0
-24.4
-76.4
-35.8
6.8
-251.6
-214.3
-126.1
-29.1
-336.4
-237.7
-82.6
-370.0
-103.9
51.2
200.3
289.5
228.5
Total
purchases
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
1,686.1
1,663.2
2,104.2
2,715.5
Total
sales
556.1
676.8
388.2
382.3
908.4
1,149.7
1,007.0
924.9
1,486.1
1,387.3
1,866.8
2,014.0
2,718.8
2,261.5
2,036.7
2,228.0
2,843.2
2,730,3
2,391.3
3,056.7
3,407.1
Net purchases
of foreign
securities
265.1
39.0
-94.8
27.8
-145.4
-377.0
-217.9
-72.2
-300.4
-30.4
-511.1
-722.1
-1,362.5
-749.7
-6U.7
-830.4
-1,047.9
-1,0U.2
-728.1
-952,5
-691.5
93.9
134.4
-40.5
83.4
70.8
12.6
177.3
205.3
-27.9
109.4
83.2
243.4
105.6
152.3
200.1
134.6
69.0
97.9
292.4
307.9
189.5
352.4
259.8
160.8
216.6
247.6
67.9
193.3
346.0
7.4
-4.6
-.9
-17.3
39.2
39.6
30.1
10.8
181.9
373.1
154.1
264.9
453.7
364.8
216.0
268.2
286.7
132.9
235.2
382.3
225.3
204.0
-191.1
-110.8
-109.9
-171.5
184.1
150.5
72.6
70.9
100.4
87.7
94.4
91.2
69.2
75.8
86.3
67.8
58.3
84.7
65.1
75.5
101.3
117.1
-198.5
-106.2
-109.1
-154.2
-8.5
-16.5
-113.0
1.0
-95.4
-53.6
-67.0
1.0
151.5
105.0
55.2
51.6
39.1
65.0
41.9
36.3
41.2
53.5
U.4
31.5
17.1
31.2
343.8
193.2
246.7
291.3
203.7
1U.8
184.2
360.2
175.4
236.2
30.7
23.1
-82.9
11.8
-51.0
-22.2
-49.9
32.2
Treasury Bulletin
90
.CAPITAL
Section
Table
1. -
II
Short-Term
-
MOVEMENTS.
Summary by
Countries
Banking Liabilities to Foreigners!/
\
91
February i967
.CAPITAL
Section
Table
2.
{
-
lo6i
Europe
Austria
:
10.6
i8.2
26.2
8i.l
81.3
151.6
IQ.O
Belgixim
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
Total Europe
lU.O
36.5
42.8
23.0
39.6
AS.
111.2
36.5
309.8
15.6
20.2
«
1,230.0
Canada
1,003.
Latin America :
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics .
Bahamas and Bermuda
Netherlands Antilles and Surinam
Other Latin America
Total Latin America
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
202.9
126.0
175.9
338.1
16.9
6A3.9
49.2
107.7
77.7
168.2
22i.i
65.0
18.1
20.7
2,234.5
:
Philippines
Taiwan
Thailand
Other Asia
.
1.6
28.1
20.8
6.8
P.U
^
.
.
Total Asia
3,293.7
Africa :
Congo ( Kinshasa )
Morocco
South Africa
United Arab Republic (Egypt)....
Other Africa
Total Africa
Other countries
Australia
All other
.6
2.0
20.1
42.1
66.6
131
:
Total other countries
International and regional
Grand total
2,809.7
21.2
202.7
9.1
64.7
81.7
-
Summary by
Countries
Short-Term Banking Claims on Foreigners
Position at end of period in millions of dollars
Calendar year
Country
II
MOVEMENTS.
1/
A
.
Treasury Bulletin
92
.CAPITAL
Section
Table
3.
II
-
Summary by
Long-Term
-
MOVEMENTS.
Countries
Banking Claims on Foreigners
(Position at end of period In millions of dollars)
Calendar year
Country
1963
Europe :
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
n.S.S.R
Other Eastern Europe,
1/^
101.2
57.1
53.3
il.7
38.7
135.6
16.
160.8
5.0
237.8
75.5
A8.6
i5.2
16.1
.7
.8
37.9
7b. o
^o
1.9
8.9
19. c}
19.3
17.4
289.
Canada
:
86.2
American Republics
Bermuda
Antilles and Surinam.
America
.
Total Latin America
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
:
Total Asia.
Africa
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
:
Total Africa.
Other Countries
Australia
All other
:
Total other countries....
International and regional
Grand total
13i.8
83.5
55.3
64.6
61.8
158.9
50.0
374.3
15.2
265.9
85.8
69.6
109.6
41.8
1.100.7 2/1.687.7
Total Europe
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
1964 2/
.
.
272. b
93
February 1967
.CAPITAL MOVEMENTS.
Section
Table 4
-
II
Net Transactions in U.
(X„ thousana. or a ollar.
-
S.
Summary by
Countries
Government Bonds and Notes by Foreigners
ne.aU.e Ti^.e . inaicate net sales .. ro.p me.s o. a
1/
United St.te.)
net outriow o. eapUal r.o. t.e
1966
Colintry
Europe
Austria
Belgium
Denmark
Finland
France
:
Germany-
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
iTugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
Total Europe
Canada
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
:
American Republics
Bermuda
Antilles and Surinam,
America
Total Latin America
Asia:
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Africa :
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt
Other Africa
Total Africa
Other countries
Australia
All other
:
-
Total other countries
Internationa] nnd regional
International
European regional
Latin American regional
:
Total international and regional
Grand total
Treasury Bulletin
94
.CAPITAL MOVEMENTS.
Section II - Summary by Countries
Table 5. Net Transactions in Long-Term Domestic Bonds,
Other Than U. S. Government Bonds and Notes, by Foreigners
-
of capital from the United States)
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow
FehTuary 1967
95
.CAPITAL
Section II
Table
6.
-
-
MOVEMENTS.
Summary by
Net Transactions
in
Countries
Domestic Stocks by Foreigners
from the United States)
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital
Calendar year
Country
1963
Europe
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
Total Europe
196i
:
660
166,037
Canada
Total Latin America
Asia :
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
1;
35,074
2/'
2,369
-1,680
^
.
-118
3,227
114
-89
472
615
-45
396
-8
69
6,282
10,915
Africa :
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)....
Other Africa
Total Africa
34
1/
64
768
2/
11
:
Total other countries
International and regional :
International
European regional
Latin American regional
Total international and regional
6,127
-145
-2,119
-213,879
-10,684
-176,832
2,170
-2,152
-41
-140
-421,890
2,^61
3,007
2,2i9
1,097
-136
-777
-1,300
897
3i7
-1,055
1,160
8,639
Total Asia
Grand total
-2,a4
5.132
Latin America :
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Bahamas and Bermuda
Netherlands Antilles and Surinam
Other Latin America
Other countries
Australia
All other
4,120
-11,580
1,025
6i3
-36,816
-2,811
-396
6,984
17,050
1,968
-10,960
-6^1
-891
-9,006
-8,370
-327
5,00i
3,075
-l,ilZ
15,595
589
-267
-25,393
A59
196,896
362
-1,304
2,
1
Treasury Bulletin
96
.CAPITAL
Section
Table
7.
-
II
Net Transactions
-
MOVEMENTS.
Summary
in
by Countries
Foreign Bonds by Foreigners
Long-Term
United States)
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the
Calendar year
Country
1966 p
Europe
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
August
July
September
October
:
3,367
-56,627
-10,399
56,877
10,948
-1,006
-28,399
2,125
-46,623
-63
3,543
-3,037
10
-24, 509
-8,909
-17,379
-3,973
6,318
10,321
86,881
56, 5U
-3
142
-23,647
18,555
-6
484
332
-2,7041/
Ifugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
Total Europe
-
10,522
3,438
-4,073
-20,004
-281
-34,244
85,147
-147
-43,759
-29,588
-1,759
-969
-11,481
-332
-8,422
62,582
-327
-2,464
-126
932
-66
-47
47
645
-326
-55
27
125
-79
148
152
1,781
864
182
1,395
-633
1,597
17
3,393
-116
1,025
149
-18
-191
-455
-310
889
998
186
975
93
-5,644
2,363
-6
3,794
528
28
-81,667
667
295
-1,620
98,372
2,704
ij,170
5
-19
102
-23,460
-12,181
11,507
52
50
1,535
-8,379
14,200
38
-4, 570
41'
-10,153
-224
828
-4,457
-647
3
-744,318
-773,731
-823,238
-843,385
-54,685
->.,703
9,124
3,298
11,107
2,871
1,093
3,205
-6,534
2,633
1,233
1,788
-4
-31,019
1,661
-4,651
19,315
3,299
1,375
118
114
2,352
-1,905
-8,717
-194
541
2,349
American Republics..
Bermuda
Antilles and Surinam,
America
-28,413
-8,325
-23
1,679
1,923
456 2/
S/\
1,631
-9,974 2/
-16,557
3,166
3,465
-8,007
-17,091
3,793
254
-1
201
-1,512
199
-624
-185
6
1,671
-28
-2,234
17
548
-7,049
-542
7
-8
-13,233
-10,549
1,497
-1,402
837
427
-90,649
6,769
-22
-76,273
-48,250
1,243
1,252
-14
-51,283
5,033
44
-6
-1
-5,593
1,894
-3,472
-12,360
-102,783
-1,792
1,052
2,509
13,060
-9,859
-14,124
-1 549
50
-1
1,|110
7,500
2,181
6,990
-10,675
9,790
30,004
-177,251
,914
-141,513
5
64
17
204
17
1,189
-217
9
1,308
419
416
-1,368
-566
7,253
302
724
6,316
86
-58
246
-574
-257
-570
366
23
1,813
l'-,251
293
246
-6
-2,155
4,245
-501
-2,445
8
,
Africa :
Congo ( Kinshasa )
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
-6
-9
9,435
4,636
1.'
-1
2,323
Total Africa
Other countries
Australia
All other
801
2,852
-5,017
208
-2,688
-1,981
311
180
513
11
-35,184
-50
-1,068
930
-52
-61,477
-130,363
^
-41,596
218
108
3,282
868
-16,222
-1,423
220
1,243
17
29
-35,026
-25,
Total Asia
2
9
4,476
-2
-1,076
,
-4,
-1
26
4,466
11,542
56
-1,199
533
-210
12,534
3,212
3,197
10
-59
-399
514
,^i
3
651
27
128
93
-513
744
-1
54
1,140
68
7
125
:
-22,243
Total other countries
International and regional :
International
European regional
Latin American regional
5,019J/
18,207
2,886
-7,739 3/
.'1,LM3
-105,270
8,597
23,850
-17,
U5
-42,291
-14,996
-1.'-
20,376
-21,350
3,951
337
99
-50,771
758
8^
ol
1,035
-95,407
-1,. .•"-'.
-153,219
-11,573
-147,506
Total international and regional.
2/
15
14
59,797
120
469
366
123
1,364
-3,345
15
1,918
:
Asia :
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other As ia
1/
-16,064
74,042
4,137
1,009
28,322
-8,576
77,416
zLil/.
Total Latin America
Grand total
1,247
9,787
-8,855
-25,842
23,887
9,138
I
-43,675
Canada
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
3,269
281
-4,133
-25,017
16,817
18,435
-5,01-i
-i.n.ioi
-164.792
-'.',320
-1,242,065
-111,473
-20,339
-40,000
4
958
-9,569
103
-8,611
7,201
5,535
-171,
-920,013
Through April 1963, "Other Eastern Europe" includes Czechoslavakia, Poland
and Rumania only.
"Other Western Europe" may include transactions with
some Eastern European countries.
Through April 1963, "Other Latin American Republics" Include only Bolivia,
Dominican Republic, Guatemala and El Salvador; other Latin American
S.596
February 1967
97
.CAPITAL
Section
Table
8.
-
II
-
MOVEMENTS.
Summary by Countries
Net Transactions
in
Foreign Stocks by Foreigners
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Country
)
Treasury Bulletin
98
.CAPITAL MOVEMENTS.
Section
II
-
Summary
Table 9.- Estimated Holdings of U.
S.
by Countries
Government Bonds and Notes
(Position at end of period in millions of dollars
\
February 1967
99
.CAPITAL
Table
la.
-
MOVEMENTS.
Section III - Preliminary Details by Countries
Short-Term Banking Liabilities to Foreigners as of December
(Data comparable to previous month) i/
(Position In thousands of dollars)
31. 1966
.
,
Treasury Bulletin
100
CAPITAL MOVEMENTS.
Section III
Table
lb.
-
-
Preliminary Details by Countries
Liabilities to Foreigners as of December 31, 1966
Short-Term Banking
(Revised data) L
(Position in thousanda of dollars)
Short-term liabilities pa/able in dollars
Country-
Europe :
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe,
U.S.S.R
Other Eastern Europe,
Total
shortterm
liabilities
6,203,702
4,363,617
1,890,315
917,437
1,620,551
601,952
4,211
267,593
90,184
142,472
120,865
62,417
983
185,766
17,080
106,118
27,720
37,686
73,207
1,084
2,139
63,200
122,424
112,410
14,800
234,247
1,603,100
15,000
928,210
188,173
56,728
324,111
44,012
391,772
116,235
97,148
268,905
95,732
138,396
468,267
39,783
3,085,403
13,962
57,199
6,943
35,187
13,948,063
12,457,634
2,^98,467
2,226,714
417,758
299,091
261,485
178,370
8,088
631,691
149,678
249,212
161,359
710,106
520,997
176,823
103,826
17,423
155,590
215,679
121,949
64,556
3,385,907
1,716,060
1,323,896
35,700
141,802
179,301
54,372
116,644
,670,903
161,924
285,341
227,791
598,326
823,985
30,347
68,677
160,873
51,300
108,793
,639,763
160,019
217,866
210,422
589,930
727,495
30,335
61,767
35,755
33,683
66,607
1,373,366
157,488
195,763
162,815
225,187
422,529
5,296,089
4,965,485
2,765,295
1,194,369
14,723
31,459
71,439
38,984
228,751
11,767
28,234
61,675
33,378
192,124
10,150
27,666
52,938
13,745
109,963
1,100
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
517
568
7,700
18,700
65,450
Total Africa,
385,356
327,178
214,462
243,445
22,061
227, 509
15,698
265,506
243,207
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics...
Bahamas and Bermuda
Netherlands Antilles and Surinam,
Other Latin America
Total Latin America
Asia :
China Mainland,
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines. , .
Taiwan
Thailand
Other Asia
Total Asia,
Africa:
Congo (Kinshasa)
Other countries
Australia
All other
Total other countries.
983
338,516
19,785
107,343
32,537
258,717
270,595
83,766
41,890
4,154
4,997,756 Lj
8,558
72,804
29,554
7,800
463,000
103,337
1,367
20,072
193
1,577
186, 565
2,962
43
788
6,188
4,202
•22
1,308
1,134
1,407
8
257
584
19,076
78
2,692
262
172
3,152
3,965
993
2,459
583
998
5,814
3,490
387
74,840
25,170
1,912
108
7
2,072
314,795
16
278
263
259
41
33
449
103,315
2
1,349
76,119
276
6,659
59
16
679,675
54,805
182,957
572,992
233,709
21,458
12,426
4,160
258,326
81,893
138,428
109,911
6,885
27
153
501
82
155
2,993
1,467
3,748
1,195
67
171
40
16
36
262,101
83,241
139,496
113,798
7,105
291,427
129,893
141,833
128,804
451,389
250,401
92,791
61,934
13,242
300,646
2,167,455
2,033,240
12
5,353
6,910
14,218
1,317
23,656
683,312
2,531
22,103
45,507
7,082
199,173
72,819
17,494
3,072
7,851
30,938
1,905
66,722
17,369
8,395
94,349
5,353
68,734
17,316
3,072
7,580
28,837
1,899
65,210
16,143
5,748
92,925
326,267
312,817
1,037
933
16,711
2,956
3,225
9,470
5,596
36,568
2,956
2,295
9,453
5,596
35,535
971
59
92,950
19,766
57,815
55,835
78
1,902
363
105,979
11,054
107,850
13,680
4,644
13, 543
13,012
4,614
166
4,946
365
332
2,393
1,417
117,033
107,850
13, 324
13,43^
17,626
166
60?
3,310
119,115
2,704
51,500
82
82
88,863
333,291
588,054
336,197
18, 500
46,320
39,600
113,150
2,705
1,225
1,991
723
53,742
7,980
4,978
30, 546
257,994
205,303
74, 582
25,468
4,118
11,550
1,204
11,444
91,r'18
110,900
16, 300
18,530
583,085
2,100
357,661
105,793
210, 576
l,fion,(flt,
U
8,555
72,776
29,554
228,987
4,649,572 4/
5,851
18,776
417
2,500
29,137
254,031
4,681,209
V
173,319
113
31^388/360 j^27,044,837 4/12,498,970 a^ll, 133,465
V
3,412,402
3,755,169
Total international and regional l^ 5,108, 672
Grand total U.
600, 564
3,368
30,572
11,354
4,225
68,088
59,896
36,823
34,386
30,156
32,112
78,895
50,428
12,836
92,649
2,960
116,077
1,091
12,064
193
1,502
3,446
33,307
12,404
4,397
77,428
68,063
37,838
38,153
31,873
34,517
84,717
54,175
13,807
foreign
currencies
280, 584
99,638
136,157
107,653
444,848
241,177
79,249
35,422
13,069
18,380
32,248
92,026
68
305
679
1,041
2,473
28
567
3,805
65
7,850
28,788
5,522
21,083
6,236
8,545
12, 501
24,039
145
10,126
124,089
2,392
1,714
2,371
178
306
934
753
322
271
1,970
6
1,499
1,176
2,647
1,102
2,141
2,230
11,220
4,337
16
914
17
154
131
13
50
1,748
36
18
1
266
2
27
202
1
294
10
:
International and regional :
International ij,,\
European regional
Latin American regional,,.
Asian regional
y
171
66,973
42,363
65,756
8,754
156,115
227,897
32,086
51,937
27,476
94,616
4,694
3,789
40,215
949,715
194
101,288
2,868
10,260
617
2,702
36,896
238,696
114,257
30,234
in
Other
certificates
167,069
403,483
292,423
53,788
990,926
2,155,108
91,098
1,371,919
331,884
248,492
273,599
107,321
641,611
1,521,319
39,977
3,572,888
35,330
113,779
7,560
38,060
Total Exirope,
2/
Treasury
Deposits 2/ bills and
Treasury
bills and
certificates
195,685
438,702
304,935
58,192
1,070,426
2,537,966
128,952
1,410,350
364,020
283,268
358,357
161,529
655,867
1,811,199
42,939
3,815,712
36,697
225,877
7,753
39,637
Canada
1/
0. S.
U. S.
Deposits 2/
Short-term
liabilities
payable
To all other foreigners
To foreign banks and official institutions
V
5,108,559
V
This table reflects changes in reporting arrangements effective
December 31, 1966, For data conparable to previous month, see
Table la. For exclusions see headnote on page 86.
Grand total includes $8,447,258 thousand of demand deposits and
$4,051,712 thousand of time deposits, but excludes negotiable
time certificates of deposit, which are included in "Other."
Grand total includes Sl_5n.lQ? thra.sanrl r^f Ac^^^a ^ar,„„^*I „_j
y
3
3
28
28
113
3,333, 015y
$1,821,823 thousand of time deposits, but excludes negotiable
time certificates of deposit, which are included in "Other."
Columns 1, 2, and 4 opposite International, Total International
and regional, and Grand total exclude $330,000 thousand
U.S. Treasury letter of credit to the International ifonetary
Fund exchanged from noninterest-bearing special U,S. notes on
February 1967
101
-CAPITAL MOVEMENTS.
Section
Table
2.
III
-
Preliminary Details by Countries
Short-Term Banking Claims on Foreigners
-
as of
December
31,
1966
1/
(Position in thousands of dollars)
Short-term claims payable in dollars
Loans to:
Total
shortterm
claims
Country
Collections
outstanding
for own
account and
domestic
customers
Foreign
banks and
official
institutions
Total
Short-term claims payable in foreign currencies
Acceptances
made for
account
Deposits of
reporting
banks and
domestic
customers
with
foreigners
Total
of
foreigners
Foreign
government
obligations
and commercial and
finance
paper
Europe;
lo,2i5
66,915
61,838
90,601
73,241
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
15,338
61,779
60,210
90,408
59,552
178,135
16,369
100,254
30,964
74,594
43,768
66,717
69,135
73,313
52,242
133,821
19,325
36,286
1,968
15,682
2U,592
16,47i
107,971
iO,187
75,557
43,9i7
67,433
74,087
82,992
52,243
192,992 2
19,401
37,164
1,973
15,689
Total Europe
10,596
9,079
U,458
13,193
16,943
40,853
1,448
36,045
8,571
21,089
28,065
7,359
18,267
17,267
50,548
29,282
17,102
1,962
1,727
7,914
1,351,^222,1,199,86
Canada
,j;,o3b,
Latin America;
Argentina, .,
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics
Bahamas and Bermuda
Netherlands Antilles and
Surinam
Other Latin America
,
Total Latin America
,i,
,
Total Asia
Africa;
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)..,
Other Africa
,
2
2,208
11,551
4,651
2,901
25,673
37,856
11,168
32,102
9,591
3,442
3,827
19,404
5,994
8,075
1,426
25,914
9,391
24,317
2,140
6,240
238
578
7,190
303,604
83
18,674
S64
6,137
26,093
73,929
6,044
51,246
2,116
2,709
4,709
24,164
3,918
16,539
38,075
7,174
47,467
25,725
31,099
29,394
16,026
50,847
10,707
42,802
11,337
58,292
101,649
3,780
76,663
10,328
66,657
172,670
5,726
64,716
14,280
31,949
66,618
11,635
21,044
1,753
2,261
577
1,520
1,575
4,809
13,600
498
3,949
13,293
19
142
448, 098
26,726
592,25.;
4o,367
U,547
6,351
1,626
b,394
3,126,303
19
3
41,562
28,055
26,897
45,317
45
789
"3c
30,751
16,306
5,851
97,399
2,473,508
30,690
213,227
14,063
80,973
131,226
1
39,078
74
767
80,533
5
5
7
7
151,662
2j'
46,049 191,5522/ 164,754
17,639
17,044
30,339
16.493
5,851
97,399
2,502,484
30,703
214,126
14,063
80,982
132,622
1
12,511
17,643
17,126
:,
178
638
4,917
7,580
59,171
76
878
216,073
346,139
41,057
50,346
11,660
54,220
64,263
16,376
439, 209
875
5,112
1,600
177
11,787
13,709
88
7,537
8,620
959
50
;:47,730
158,647
307,190
16,151
733,748
83,863
210,558
44,501
219,861
271,833
59,750
1U,371
887
5,136
1,628
193
13,689
36,457
105
7,717
9,223
963
179
716
4,952
9,679
33,967
i;2,3U
20,30,
43, 99b
31,336
56,577
125
203,858
24,620
50,433
6,647
73,880
37,728
23,150
192,942
U
10,723
5,182
108
3,446
2,541
694
15,586
2,512
146
523
111
3,548
1,410
4,95
193,480
114,481
158,706
307,668
16,178
766,503
83,877
210,675
44,503
225,653
272,002
60,714
Asia;
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
351,370
437,832
1,554
24,289
9,826
277
7,446
45,639
943
13,812
5,581
25,753
7,435
23,304
3,251
39,387
218
20,341
1U,860
2,
538
110
6,946
1,267
2,158
3,232
103,709
69,958 2
59
15
2
2
478
27
32,755
19
6,535
117
75
561
563
62,878
5
U
2
2
5,792
169
964
331
126
677
26
2,322
4
82
33
b33,2b3
49,490
41,111
7,825
1,905
115
1,054
21
88
187
5,607
335
3
5,942
5
7,568
241
43,102
561,650
3,716
1
15,650
13,937
882
27,497
6,976.
5,609
5,372
31,900
1,375
1,306,256 105,609
4,402
20,367
974
199
5,692
409
43,013
12,027
1,845
1,425,67' 111,48b
4,443
20,999
53,524
7,092
9,391
486,056
21,690
18,394
3,576
9,460
54,439
3,094,730
85°, 512
33,030
617,975
805
1,658
50,329
25,151
66,109
805
1,658
49,118
24,616
65,661
451
193
17,722
11,709
20,286
17o
9,269
2,263
15,756
178
1,268
16,855
3,307
19,658
134
5,049
7,337
9,726
144,052
141,858
50,361
27,52
41,266
51,870
9,782
47,714
9,570
5,306
U5,995
153
63
177
28,976
13
28,471
11
899
637
9
9
1,396
974
31,573
30,372
223
1,211
235
535
448
155
535
341
22,246
458
2,194
1,031
25,987
6,686
10,334
765
1,886
4,156
212
3,052
204
32,673
11,099
1,886
i,368
3,256
500
_
Total Africa
;
Other countries;
Australia
All other
Total other countries
International and regional;
International
European regional
Latin American regional
Total international and
regional
Grand total
,
69
4,201
2,050
61,652
1
I
735
735
650
736
650
43
43
,380,4^32 1,996,45;
l,139,o97
l,3bo,90S
73 o
,77o,110
43
41,93*
435,4552/395,662
^
216,151
69,383
1
1/
2/
Excludes foreign currencies held by U.S. monetary authorities.
Grand total excludes $27,172 thousand because of reclassification of a
reporting institution from bank to nonbank reporter beginning December 31,
1966, distributed as follows (in thousands of dollars):
United Kingdom
and Total Europe, columns 1, 8, and 9, $15,455: Canada, column 1,
$11,717, columns 2 and 7, $3,000, columns 8 and 9, $8,717; Grand
total, columns 2 and 7, $3,000, columns 8 and 9, $24,172.
Treasury Bulletin
102
\
.CAPITAL MOVEMENTS.
Table
3.
-
Section III - Preliminary Details by Countries
Long-Term Banking Liabilities to and Claims on Foreigners as of December
(Position in thousands of dollars)
31, 1966
February 1967
103
.CAPITAL MOVEMENTS.
Preliminary Details by Countries
Purchases and Sales of Long-Term Securities by Foreigners During December 1966V
Section III
Table
4.
-
-
(in thousands of dollars)
.
Treasury Bulletin
104
.CAPITAL MOVEMENTS.
Section IV
Table
-
1.
Short-Term
-
Supplementary Data by Countries
Liabilities to Foreigners
Reported by Nonbanking Concerns
{Position at end of period in thousands of dollars)
September
1Q66
"lift?
19 6i
Country
September
December 1/
December
June
Europe;
Austria
Belgium
Denmark
Finland
France
Germany
Greece
.'S,066
1,03?
680
30,718
U,390
3,Q77
27,113
Italy
Netherlands
Norway
Portugal
Spain
Sweden
30,5^'2
?,
OU
1
S.
S.
S,/l'i6
103, i^^
637
Canada
Latin America:
Argentina
Brazil
Chile
Colombia
. ,
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Bahamas and Bermuda
Netherlands Antilles and Surinam,
Other Latin America
.
,
Total Latin America
Asia;
China Mainland
Hong Kong
India
Indonesia
I srael
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Africa;
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
Total Africa.
Other countries;
Australia
All other
Total other countries
International and regional:
International
European regional
Latin American regional
Total international and regional.
,
1,842
21,370
1,150
688
46,875
72,671
6,042
15,556
50,492
5,302
2,053
4,784
8,652
35,309
6,979
99,532
848
5,115
2,286
23,300
1,287
521
2,310
24,330
630
607
50,970
70,791
3,284
17,879
55,148
1,628
3,458
20,563
10,449
39,361
4,248
136,908
1,370
3,404
2,065
26,696
746
680
44,937
59,919
2,998
22,710
54,116
2,153
6,647
20,853
11,724
45,369
4,184
139,313
3,311
28,613
1,617
668
48,189
69,543
3,000
26,513
64,870
1,727
6,202
22,603
12,030
60,788
4,004
137,158
1,053
2,430
73
438
108
202
50,691
58,857
6,556
18,169
44,764
1,985
5,736
12,509
11,004
49,325
4,392
132,385
621
5,711
148
309
2,020
3,867
127
779
359,912
385,660
430,556
U9,516
451,031
494,830
78,679
76,631
81,569
84,257
93,989
120,040
116,894
3,285
10,919
i,559
9,567
262
7,193
27,533
6,738
675
15,7i6
15,122
2,337
11,428
4,217
12,871
162
6,148
20,804
5,470
1,529
18,536
15,225
1,768
6,362
1,434
3,043
14,228
4,378
12,757
153
4,201
12,092
6,307
1,022
19,833
14,747
1,908
8,407
1,570
4,151
12,771
4,401
9,295
147
4,718
10,986
5,615
934
21,666
16,311
1,959
6,968
1,610
5,827
11,372
4,900
8,113
148
8,803
9,468
6,532
1,628
26,514
11,411
2,165
7,159
1,350
5,331
11,049
4,070
7,199
146
9,631
4,050
5,201
1,298
25 , 561
12,051
1,172
9,287
1,505
32,8a
1,3A8
l,58i
10,229
8,271
33,188
6,372
10i,i77
586
i,879
531
89
m
783
1,A65
3^1,209
352,605
5°,°62
3,Q00
R
Total Europe
585
35,364
69,145
5,212
16,037
40,452
1,800
1,704
4,904
6,044
34,117
6,833
101,520
5,930
81
1,033
3,510
Other Eastern Europe
Grand total
^".5
7,0ii
35,°;i
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.
,
1,646
25,225
1,749
1,666
19,827
1,871
677
30,7i9
63,115
3,702
25,607
^0
1,U8
2,i61
9,289
i,100
5,975
6,153
2,752
10,890
3,646
11,618
191
6,128
24,808
6,670
911
18,653
12,645
1,558
5,036
1,273
110,356
ll';,211
106,779
108,291
104,646
101,532
105,390
07,551
1,297
1,835
1,-103
1,377
1,922
21,647
1,372
2,238
26,199
9,205
2,627
28,293
473
5,931
676
630
31,389
1,397
1,973
24,873
9,417
2,895
32,055
780
5,817
1,046
1,767
30,952
1,301
1,923
24,524
1,570
21,516
288
6,083
2,103
606
24,146
1,342
2,232
23,949
6,709
2,401
30,261
464
6,180
1,230
551
23,043
1,004
26,842
851
6,747
4,520
1,453
31,555
1,066
2,206
20,189
10,851
2,387
27,140
1,589
6,920
5,762
1,408
31,082
86,763
98,362
109,033
112,972
112,264
110,600
350
350
22,284
1,901
6,092
269
442
15,562
1,114
5,729
675
349
10,752
1,210
6,734
854
451
10,941
1,223
8,932
408
411
10,939
1,554
8,334
11,377
23,116
10,720
22,406
21
10, °6'
3,5'58
6 66-9
,
137
3,105
26,03i
y,
,708
66i0
It',
722
10,r'03
l,i8/l
20,557
1,899
21,091
i,460
1,352
28,261
52i
4,796
2,627
578
20,991
81,07Q
87,982
3,086
1,306
11,009
l,iS9
5,099
4,420
369
426
U,433
21,907
1,458
0,586
21,989
31,
25,^20
7,773
24,630
0,320
23,004
8,444
2', 170
21,040
6,424
22, -7 ,-'3
9,085
6,fl3
31,352
3,501
33,6^3
33,0'0
31,
^-33
34,255
27,464
20,241
34,3'.3
lOi
96
11
44
20
67
24
75
i5
24
84
24
38
25
108
63
/.0,10'.
70 171
307,073
OA?
IS
"^28
7,9i6
1,078
31,169
38°
6,212
3o7
601
U^'
5
,
^'05
263
2,571
9,521
3U
107
630,348
V
Note;
Data are reported by exporters, importers, industrial and commercial
firms, and other nonbanking concerns in the United States. Data
exclude intercompany accounts between firms in the United States and
their affiliates abroad. The detailed breakdown of the most recent
,
11,
5U
September p
February
i%7
105
.CAPITAL
Section IV
Table
2.
-
MOVEMENTS.
Supplementary Data by Countries
Short-Term Claims on Foreigners Reported by Nonbanking Concerns
-
(Position at end of period in thousands of dollars)
19 6i
196?
1966
Country
December 1/
September
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.
June
September
December 1/
June
March
September p
:
Total Europe.
i. ,9i2
16
6 398
8 ,21i
50 ,275
9A ,780
9 ,640
8° ,782
32 ,371
6 ,598
9U
8 ,764
923
18 ,670
16 ,010
i 240
i07 123
2 823
,410
98
,679
13, '24
6,261
6,736
60,816
139,827
9,828
94,820
31,094
7,662
4,056
42,141
1°,143
21,657
9,086
329,244
3,273
9,016
298
2,227
6,559
18,688
6,268
6,736
60,914
13'>,«66
o,828
94,872
31,259
7,665
4,057
42,144
19,163
21,685
9,101
330,001
3,273
9,016
298
2,227
6,751
16,268
9,183
6,007
69,247
114,226
6,831
84,495
6,373
7,664
30,233
20,744
28,736
11,519
364,993
6,393
7,222
1,282
2,693
4,956
15,°42
10,811
6,260
70,980
117,584
8,150
80,545
31,350
7,314
10,159
32,649
23,122
40,816
8,295
293,918
4,943
8,164
124
1,624
5,608
20,041
10,895
5,518
80,503
104,886
9,674
76,156
29,825
7,255
6,551
47,870
40,153
7,894
309,748
4,576
7,792
656
1,975
6,b51
38,^45
9,261
6,128
81,745
112,124
13,357
77,383
40,998
7,580
5,005
50,126
19,840
26,557
7,536
311,874
2,250
8,374
1,066
2,030
838,41^
777,706
797 , 104
'2,726
36,617
90,6^5
30,309
20,601
3,972
71,134
11,761
25,629
10,556
47,146
28,!^55
831,654
822,267
823,720
1,032,176
1,0'7,07'
774
25 ,798
128 ,306
24 ,639
25 ,390
4 ,482
64 ,191
9 ,241
23 ,269
8 ,040
44 ,909
30,471
144,517
25,234
24,596
4,285
68,879
11,934
25,724
10,021
45,789
30,484
144,523
25,236
24,603
4,292
75,683
11,938
25,927
10,021
45,849
33,053
113,048
24,659
25,708
4,118
74,738
10,855
21,469
9,089
40,286
28,575
92,648
46 ,503
18 ,692
n,325
';i,3^'6
11,438
ZQ,150
8,080
';2,612
11,422
4 ,i'6
10 ,013
4,1'0
G,:48
437,929
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Canada
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American
Republic
Bahamas and Bermuda .
Netherlands Antilles
and SuritiaiD
Other Latin America.
'J
04, 1^2
19 , 528
6,019
7,845
46,056
8,385
6,577
44,817
7,995
315,309
2,250
8,317
1,066
2,020
5,581
97,433
118,082
11,109
117,830
48,28Q
8,486
8,818
56,252
28,233
19,884
10,489
432,877
1,994
8,984
110
2,586
93,829
97,762
18,149
110,571
41,873
6,969
7,582
63,120
29,898
20,000
6,373
/87,056
1,885
9,402
974
4,838
827,830
83/ ,230
684,861
c,Q,g
4/, 685
8,974
5,564
81,636
111,834
13,034
76,586
40,704
7, '24
4,993
49,969
19,772
26,517
7,
US
5,527
1,030,323
1,065,197
729
566,436
550,379
31,911
93,562
30,876
20,127
3,096
81,647
13,372
29,041
8,469
49,981
31,156
93,270
30,193
19,498
3,096
76,393
13,287
27,989
8,399
49,3'9
34,388
79,773
30,984
20,924
3,010
73,742
10,614
30,281
7,053
52,270
34,214
78,474
30,966
22,084
2,846
77,366
12,594
27,897
5,098
49,289
53,255
5,418
58,651
8,42^
'5,404
8,423
55,864
12,339
54,543
8,074
:
Total Latin America....
27,U5
21,967
3,992
76,470
9,224
27,216
10,942
43,347
8,594
2,853
9,181
3,44'
4,6°o
S66
'"-,044
Q 770
3,580
o,39'
3,548
9,227
3,848
8,586
2,971
9,190
467,895
/75,03b
426,287
415,521
421,521
4^.2,133
429,242
423,676
415,606
18
6,830
36,600
4,426
7,^71
174,170
4,582
14,054
5,084
6,771
54,860
191
8,556
40,511
4,344
6,856
17Q 814
4,201
11,451
5,051
194
26
7,632
40,696
151
7,697
35,552
3,569
5,115
167,625
60,092
191
8,S73
40,511
4,350
6,858
179,848
4,201
11,471
5,055
5,436
60,098
314,866
326,502
5,004
2,285
10,900
4,1'"0
c'
,
Asia:
8,66'^
45,223
/,92,i
S934
5,573
180,871
6, '35
22
22
14
6,615
36,326
3,122
5,847
163,993
12,678
16,915
5,425
5,626
65,868
4,828
34,587
2,869
13,940
5,179
6,881
68,143
6,615
36,806
3,434
5,908
170,452
12,915
17,029
5,597
5,625
66,056
5,077
174,465
5,539
15,922
5,907
7,731
76,314
110
6,638
29,216
2,874
3,564
154,801
3,579
18,156
4,295
9,280
76,332
4,866
15,261
4,980
7,033
61,3'0
172,035
5,504
14,456
6,756
6,822
65,«68
326,592
339,440
332,364
328,090
331,359
322, /37
333,253
308,845
6,192
1,026
11,346
6,192
1,026
11,362
2,375
963
19,349
2,801
2,020
23,712
995
1,021
23,104
1,725
1,532
20,012
1,719
1,520
19,620
2,080
1,621
18,186
1,431
2,499
17,918
11,559
27,303
12,650
26,05i
12,6a
16,788
23,490
12,335
27,307
1/ ,440
26,932
9,920
28,296
9,916
27,853
10,639
25,558
16,803
27,369
57,051
57,268
62,965
68,265
66,492
61,485
60,628
58,084
66,020
38,388
6,726
37,760
6,86Q
37,781
6,871
32,°80
8,018
36,056
7,323
33,239
6,805
40,173
8,423
39,053
8,354
39 541
4', 127
6,988
9,914
Total other countries....
4S114
44,62Q
4^,652
40,°98
43,379
40,04/
48,596
48,307
/6,529
55,041
International and regional:
International
European regional
Latin American regional..
129
82
131
45
301
301
198
111
62
l-'O
198
59
51
3
3
59
7
290
20
69
287
69
231
Africa:
Congo ( Kinshasa
Morocco
South Africa
United Arab Republic
(Egypt)
Other Africa
Total Africa.
Other countries
Australia
All other
5,43'
26,054
U,238
:
Total international
and regional
Grand total
,
260
2,710,052
,8C'6 1/
260
173
2,8^3,31°
y 2,612,470
37
10
2,/,
107
181
Jtn
11, 105
,406,158
,306,631
Note:
Data are reported by exporters, importers, industrial and commercial firms, and other nonbanking concerns in the United States. Data
exclude claims held through United States banks, and intercompany
accounts between firms in the United States and their affiliates
abroad. The detailed breakdown of the most recent data is shown in
1/
p
,
367
y_Li2,293,9501/
2,467,680
Table 3 of this Section.
Data in the two columns shown for this date differ because of changes
Figures in the first column are comparable in
in reporting coverage.
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
Preliminary.
s
Treasury Bulletin
106
CAPITAL MOVEMENTS.
Supplementary Data by Countries
Liabilities to and Claims on Foreieners Reported by Nonbanking Concerns
Details as of September 30, 1966p
Section IV
Table
3.
-
Short-Term
-
(Position in thousands of dollars)
Clai
Liabilities
Country
Payable
in
dollars
in
foreign
currencies
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
3,069
26,374
2,399
953
56,587
80,933
t
1,962
51,881
66,949
2,
US
5,760
24,960
li,380
57,699
4,078
155,245
2,059
3,214
Total Europe
Canada
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
,
Uruguay
Venezuela
Other Latin American Republics,.
Bahamas and Bermuda
Netherlands Antilles and Surinam
Other Latin America
^
Total Latin America
Asia
China Mainland
Hong Kong
2,273
25,668
2,333
8O3
49,685
67,399
1,500
40,682
46,640
1,871
5,306
23,950
14,029
42,216
3,988
124,994
473
2,889
796
706
66
150
6,902
13,534
462
11,199
20,309
277
454
1,010
351
15,483
90
30,251
1,586
325
133
133
841
816
2'.
561,624
457,648
103,976
137,554
86,516
51,038
,664
,070
,181
,464
273
409
3,888
6,663
2,459
4,338
247
9,726
8,984
5,200
1,169
4,138
1,776
2,407
,145
722
1,126
26
683
161
839
388
276
473
U,305
,592
,913
,739
1,427
6,822
1,320
639
219
21,138
4,168
165
91
419
104,426
70,686
33,740
,077
,286
,143
1,077
1,805
16,003
2,910
2,094
20,031
3,718
5,414
7,108
594
20,5°1
28
177
2,771
97
1,801
81,345
15,361
440
;
India
Indonesia
Israel
938
,271
,802
,815
,215
,227
,061
871
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Africa;
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
481
1,U0
119
467
8,280
867
373
9,955
1,577
6,141
192
427
181
9,510
1,194
4,422
383
1,719
Total Africa
18,c<l?
15,758
Other countries:
Australia
All other
3,941
1Q.024
Total other countries
International and regional
International
European regional
Latin American regional
;
15
15
63
63
°"4,228
734,029
Total international and regional
Grand total
2,';-"4
54,927
78
Payable in foreign
currencies
Payable
U5
3
Payable
Total
in
dollars
Deposits with
banks abroad
in reporter
own name
'
February 1967
-CAPITAL MOVEMENTS.
Section IV
Table
4.
-
Long-Term
-
Supplementary Data by CountrisB
Reported by Nonbanking Concerns
Liabilities to Foreigners
(Position at end of period in thousands of dollars)
196i
1965
Country
September
December 1/
fferch
September
J '-me
December 2/
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
i
3,661
3,691
2,720
2,724
1,817
i72
146
83
1,201
31.289
i66
2,306
567
2,355
85
1,288
28,999
25
133
188
25i
758
566
2,557
83
1,316
28,009
30
133
161
563
3,182
691
1,362
27,155
682
3,057
691
1,489
29,727
1,106
1,512
1,259
8,977
48
10,669
30,/iOO
34
2
136
162
19
755
83
1,266
29,803
136
188
2
755
1
1
130
161
130
161
7
6.022
97
7,38i
37
9,508
36
8
-^.092
/^6,Ce7
47,906
^5,706
48,184
69,i.l7
57,960
55,337
60,800
59,036
60,582
58,7a
673
i55
78
66i
il5
i32
656
60
175
85
51
102
101
556
123
432
665
60
129
126
529
82
103
488
506
139
326
647
60
201
126
275
Ul
544
97
338
672
60
134
126
392
78
103
156
Jl_
Total Europe
Canada
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
i,51C
15
60
192
85
American Republics.
Bermuda
Antilles and Surinam,
America
.
Total Latin America
107
1,895
SOi
97
364
640
60
183
126
395
96
4
216
a9
107
5
165
2
1.2C1
1,201
,112
1.107
705
5,611
^,217
4.360
3,807
3,37i
12
350
99i
138
87
l.iSi
350
99i
138
93
12
351
999
138
97
12
350
1,018
138
99
12
350
998
138
110
12
350
387
138
4
3
2
1
1
5
5
5
5
5
5
2
2
3
3
22
1.107
Asia:
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
,
2
,
17
13
37
14
2,318
2,276
3,077
1,611
1,644
1,6a
3,935
3,193
125
124
80
Africa;
Congo (Kinshasa)
Morocco
South Af rl ca
United Arab Republic (Egypt)
Other Africa
Total Africa
125
128
128
L_
129
59
-ISi.
20
204
Other countries:
Australia
All other
3,98i
5
Total other countries
3,989
International and regional
Grand total
111,672
107,386 1/
114,901
110,399
120,234
Treasury Bulletin\
108
.CAPITAL
Supplementary Data by Countries
Section IV
Long-Term Claims on Foreigners Reported by Nonbanking Concerns
-
Table
5.
-
MOVEMENTS.
February 1967
.CAPITAL
Table
6.
MOVEMENTS.
Section IV - Supplementary Data by Countries
Foreign Credit and Debit Balances in Brokerage Accounts
-
(Position at end of period in thousands of dollars)
Credit balances (due to foreignerssj
Country
Europe :
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
u.s.s.R
other Eastern Europe
December
December
1962
1963
274
2,128
uo
12
5,246
3^109
355
2,039
4,088
""971
535
1,907
798
42,857
35
9,863
:
Total Europe
-rl
77,269
Canada
8,7rj4
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Bahamas and Bermuda
Netherlands Antilles and Surinam
Other Latin America
1,706
1,606
830
479
321
2,278
2,156
475
2,478
3,045
244 ^
2/
2,377
757 .
Total Latin America
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
:
Total Asia
Africa
Congo (Kin£)jasa)
Moroc CO
South Africa
United Arab Republic (Egypt)....
Other Africa
:
Total Africa
Other countrie s:
Australia
All other
Total other countries
International and regional
Grand total
,
Treasury Bulletin
110
-CAPITAL MOVEMENTS.
Supplementary Data by Countries
Banking Liabilities to Foreigners in Countries and Areas
Not Regularly Reported Separately
Section IV
Table
7.
-
Short-Term
-
(Position at end of period in thousands of dollars)
December
Country
April
1962
1963
196A
February 1967
111
MOVEMENTS.
.CAPITAL
Table
8.
-
Section IV - Supplementary Data by Countries
Purchases and Sales of Long-Term Securities by Foreigners During Calendar Year 1965
(In thousands of dollars!
Purchases by foreigners
Country
Total
U. S.
purchases Government
bonds and
notes
Sales by foreigners
Foreign securities
Domestic securities
Corporate and
other
Stocks
Bonds
Stocks
11,571
3,001
54,524
32,360
2,189
15,925
258
725
221,182
35,399
88,902
54,450
2,493
34
56,194
33,301
136,332
25,918
5,270
24,043
19,847
673
21,729
8,848
7,645
20,457
l,310,173r 176,008
639
17
546,827
86,724
Europe;
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U. S. S. R
Other Eastern Europe
Total Europe
,
,
<
American Republics...
Bermuda
Antilles and Surinam
America
Asia;
China Mainland
421
9,992
770
990
258 603
225 ,586
1,416
371
22,988
45,290
1,209
,
Total Latin America,
137
3,494
2 571
99 ,696
296 ,U3
95 ,685
21 ,74i
36 ,i56
79 338
1,658 807.
928
1,371 ,505
634
51 806
Canada
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
15 ,078
121 ,160
22 ,733
7
2
20
842
2,262
38,069
47
373
23,166
16,453
17
520,849
5,911
12,071
27,966
736
1,991
22,224
96,810
165,303
873
3,143
38
3
500
36,431
10,132
363
279
494
A,A00,9i2r
608,870
415,681
2,522,572r 528,794
2,017,202r
333,267
202,399
671,869r 279,607
27,782
15,475
10,322
12,325
420
73,842
56,338
9,959
27,448
58,354r
10,561
83,474
85,122
2,967
147
474,389r
36
54
2
27
317
200
16
116
190
324
4,397
2,976
69
623
213
27
1,961
3,668
134
529
1,114
938
7,272
5,485
5
79
8,771
23,000
10
70
18,909
11,420
5,615
9,546
378
35,511
45,820
7,837
19,431
41,3051
6,777
36, 808
70,226
1,864
22
2,324
2,440
12,498
105,995
Total Asia
324,291
Morocco
South Africa
United Arab Republic (Egypt)....
Other Africa
405
946
6,719
194
15,735
522
303
800
1,054
190
4,142
Total Africa
23,999
626
383
6
Other coiintries;
Australia
All other
31,132
ll,I47r
Africa:
Congo (Kinshasa)
Total other countries...
International and regional;
International
European regional
Latin American regional
Total international and regional
Grand total
10,014
2,525
116
116
4,127
65
538
11
10,938
43
891
26
4,819
25,287
9,023
74
26
4
80
171
22,783
39,803
115
42,279r
1
28,883
4,814
914
5,899
14,321
1,598
26,928
4,297
955
311,4471 102,603
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
126,698
11,428
7,103
3,092
1,676
2,118
116,369
290
168
6,018
6,341
115
1,470
77
52
257,568
7,827
27,803
72,^79
24,455
293,198
100,257
24,455
7,576,30Or|l,O77,155
i74,993
27,778
16,230
16,650
457
57,652
489
1,000
12,000
30,861
189,440
82,436
538
399
52
4,200
1,006
Domestic securities
Total
sales
U.
S.
Government
bonds and
notes
Corporate and
other
Stocks
Foreign securities
Bonds
Stocks
Treasury Bulletin
112
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
The financial statements of corporations and other busi-
ness-type activities of the United States Government, which
have appeared in the "Treasury Bulletin" since the August 1956
issue,
are compiled from reports submitted to the Treasviry
under Department Circular No. 966, issued January 30, 1956, and
Supplement No. 1, Revised, issued June 16, 1965.
These regu-
lations were issued pursuant to the Budget and Accounting
Procedures Act of 1950.
Regulation No.
3,
They superseded Budget-Treasury
issued under Executive Order No. 8512 of
are published semiannually, for June 30 and December 31 reporting dates, and appear as Section II and III.
The first of
these statements under Circular 966 covered the fiscal year
1956, and were published in the January 1957 Bulletin.
Within
the sections, the agencies are grouped in separate tables by
type, as follows:
public enterprise revolving funds, intra-
governmental revolving funds, certain other activities, deposit
funds, and trust revolving funds.
Supplement No. 1, when originally issued in 1956, extended
August 13, 194-0, as amended by Executive Order No. 9084 of
the coverage to include all executive agencies and activities
under which financial statements previously
not previously reporting under Circular 966, but required only
March
3,
194.2,
a statement of financial condition annually as of June 30.
published in the Bulletin were submitted.
Department Circular No. 966 requires submission of finan-
These were activities
vtiich
were not principally of a business-
Those which had not yet developed formal ac-
cial statements ty all wholly owned and mixed-ownership Govern-
type nature.
ment corporations specifically included in the Government
coimting procedures to provide complete balance-sheet type
856); and
statements were temporarily authorized to report only assets.
Corporation Control Act, as amended (31 U.S.C.
84.6,
all other activities of the Government operating as revolving
Thus, the supplement rounded out provisions for information on
Other activities and agencies whose operations, serv-
properties and other assets, as well as liabilities, of the
funds.
ices, or functions are largely self-liquidating or primarily
United States Government all of which is needed by Treasury for
of a revenue-producing natiu'e, and activities and agencies
the compilation of conplete Government-wide financial reports.
whose operations result in the accunrulation of substantial
The first oonprehensive reporting under the original Supplement
inventories, investments, and other recoverable assets, were
No. 1 was for June 30, 1957, and the data were published in the
brought under the regulations as the agency accounting systems
December 1957 Bulletin as Part B of Table 4 in Section
were developed to where they were capable of furnishing the
revision to Supplement No. 1 in 1965 made no basic change to
Four kinds of financial statements are called for by
They are statements of financial
condition, income and expense, source and application of funds,
and certain financial contingencies.
The statements of finan-
cial condition are published quarterly and appear as Section
in the series of tables.
The
the overall purpose of the originally issued supplement; it
required financial reports.
Department Circular No. 966.
I.
I
The first statements of financial
updated and consolidated all amendments to both the regulation
and instructions.
A summary of loans outstanding for a series of dates is
included in Section
I
of the Bulletin presentation beginning
with the June 1958 issue.
Two classifications of the loans
are shown, one by type and one by agency.
Data prior to
condition published under Circular 966 were as of March 31,
1956 are based on the earlier reporting requirements, which
1956, and were presented in the August 1956 Bulletin.
provided for complete coverage of Government lending agencies.
State-
ments of income and expense and source and application of funds
February 1967
113
-CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section
Table
1.
-
Summary by
I
- Statements of Financial Condition
Specified Classes of Activities, September 30, 1966
(In thousands of dollars)
Total
ASSETS
Cash in banks, on hand, and In transit...
Fund balances with the U. S. Treasury 1/.
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
.....••.••
Other securities
Advances to contractors and agents:
Government agencies.. .....••........••
Other
Accounts and notes receivable:
..,,..
Government agencies.,...,,..
Other (net )
Inventories,...
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies. .................
Other: U. S, dollar loans............
Foreign currency loans........
Allowance for losses (-)
Acquired security or collateral (net)..
Land, structures, and equipment
Accumulated depreciation (-).........
Foreign currencies, . ...................
Other assets (net)
Total assets.......
LIABILITIES
Accounts payable:
Government agencies.........
Other
Accrued liabilities:
Government agencies
,
Other
Advances from:
Government agencies.. ,..,,,..,.....,...
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debent\ires, and notes payable:
Government agencies.
Other: Giiaranteed by the U, S
Not guaranteed by the U, S
Other liabilities (including reserves)...
Total liabilities
Public enterprise
revolving funds
(See Table 2)
Intragoveminental
revolving funds
(See Table 3)
Certain other
activities
(See Table i)
23,U6,892
178,394
9,633,563
2,303,256
89,673
-10,079
7,569,526
2,300,651
89,673
-10,079
340,248
73,391
17A, 216
24,840
37,798
9,064
91,753
39,487
44,665
1,585,666
2,549,585
17,632,867
-683,050
320,779
1,032,093
4,369,485
-682,933
1,175,738
121,533
6,917,976
-117
89,148
1,395,959
6,345,406
179,698
175
3,382,341
1,128
10,125,988
2,606
7,229,278
17,854
672,903
810,617
8U
10
707
240,869
672,196
569,748
113,782
28,850,046
4,839,374
-402,532
1,169,888
15,590,008
-5,626,513
790,100
5,470,660
113, 782
18,694, 286
1,122, 307
-378, 913
1,169 738
6,193, 035
-1,857, 925
282
1,384, 802
106,907,830
17,
44,340,326 2/
10,155,760
3,717,067
-23,619
150
672,089
-281,419
376,717
12,465,850
8,724,884
-3,487,169
789,818
3,709,141
50,101,654 2/
1,002,359
2,284,788
129,841
741,486
634,691
846,495
237,827
696,807
686,878
495,235
644,138
113,043
1,482
229,126
41,258
153,066
2,155,594
29,759
10,373
24,124
2,123,347
5,635
21,874
707,026
168,432
654,252
123,287
4,154
714
48,620
44,431
93,624
392,072
286,016
5,330,405
93,624
392,072
286,016
3,124,426
557,546
1,648,432
13,632,188
6,336,683
4,403,191
2,892,314
100,000
24,260,286
1,432,793
100,000
19,248,560
1,432,793
1,041,000
53,775,729
4,931,880
23,970,129
-12,456,227
1,041,000
19,629,978
2,034,821
3,415,313
-8,339,952
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury...
CHiher
Noninterest-'bearing investment:
Capital stock. .......................
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-),
Deposits of general and special fund
revenues (-).,..••,......... ..........
5,011,726
645,818
432,836
6,866,016
117,990
33,499,934
2,464,223
13,688,800
-4,234,265
-3,221,079
-3,779,948
-558,869
93,275,642
38,003,643
8,062,659
47,209,339
Total liabilities and investment...,,.,..
106,907,830
44,340,326
12,465,850
50,101,654
ANALYSIS OF UNITED STATES INVESTMENT
United States investment.,.,.,...........
Accumulated net income, or deficit (-)..,
105,731,869
-12,456,227
46,343,596
-8,339,952
7,944,670
117,990
51,443,604
-4,234,265
investment incl, interagency items.
Interagency items:
Due from Government agencies (-).......
Due to Government agencies. ...........
93,275,642
38,003,643
8,062,659
47,209,339
-2,535,416
4,645,481
-549,782
1,532,228
-1,184,802
2,763,675
-800,831
349,578
investment excl, interagency items.
95,385,707
38,986,089
9,641,532
46,758,086
Total United States interest
U. S.
U, S,
Footnotes at end of Table 8.
6
:
lU
Treasury Bulletin
-CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section
Table
2.
-
I
-
Statements of Financial Condition
Public Enterprise Revolving Funds, September 30, 1966
(In thousands of dollarsj
Office of
Economic
Opportunity
Total
Economic
opportunityloan fund
ASSETS
Cash in banks, on hand, and in transit,,.
Fund balances with the U. S. Treasury l/.
Investments:
Public debt securities (par value).,,,.
Securities of Government enterprises, .,
Unamortized premium, or discount (-)..,
Other securities
,
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 )...........,,.....,.,,,
Agency for International Development
Foreign
military
sales
fund
Alliance for
Progress,
development
loans
Developnent
loans
Development
loan fund
liquidation
accoxint
173, 39^
9,638,563
9,825
165,776
168,000
1,050,667
1,889,952
14,364
1,938
1.929
6,887
22,537
916,157
2,401.929
287,649
1,122,307
Foreign
investment
guaranty
fund
441
94,364
2,300,651
89,673
-10,079
340,2^8
2i,8iO
37,798
320,779
1,032,093
i,369,i85
-682,933
15
17,8a
707
2i0,869
113,782
18,694,286
1,122,307
-378,913
1,169,738
6,193,035
-1,857,925
282
1.38^,802
Total assets.. •*..,,,....,,,.....,,,.....
LIABILITIES
Accoxmts 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)...
U,3iO,326 2/
1.178
50,275
48,194
-5,246
1
56,052
184
213.970
129,841
10,415
4,095
577
1,993.532
4,304.801
1,601,074
1/:
577
309
577
309 1/
94,
30
741, i8
644,138
113,043
522
10,373
24,124
22,342
654,252
123,287
93,624
392,072
286,016
3,124,426
Total liabilities
6,336,683
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
.....,,.,,.,.,..
Borrowings from the U, S, Treasury...
Other
Nonlnterest-bearlng Investment
Capita 1 stock
100,000
19,248,560
1,432,793
1,041,000
19,629,978
2,034,821
3,415,313
-8,339,952
Appropriations
,
Capitalization of assets (net),,...,.
Other
:
Accumulated net Income, or deficit (-).
Deposits of general and special fund
revenues (-)
,
22.342 1/
30
60,950
1,785,125
4,359,953
-95,271
40,105
-122,891
275,638
30,000
190 126
,
-5,421
1,502
191,800
16,577
38,0C3.643
55,529
191.628
1,993.502
4,304.787
1,600,497
44,340,326
56,052
213,970
1,993,532
4,304,801
1.601,074
46,343.5%
-8,339,952
60,950
-5,421
190.126
1,502
1,976,925
16,577
4,264,682
40,105
1,324,860
275,638
57.861
36,818
investment incl. Interagency items.
Interagency Items:
Due from Government agencies (-).,...,,
Due to Government agencies...
38,003,643
55,529
191.628
1,993,502
4,304,787
1.600,497
94,680
-549,782
1,532,228
-15
522
investment excl. Interagency Items,
38,986,089
56,036
191,628
1.993,532
4.304,787
1.600,497
94.630
-558.869
Total United States Interest
Total liabilities and investment.,..,.,..
ANALYSIS OF UMITED STATES INVESTMENI
United States investment...,,,,,,,..,.,..
Accumulated net income, or deficit (-),.,
U, S.
U, S,
Footnotes at end of Table 8.
27,861
36.818
-552,249 i/
94,680
]
30
(Continued on following page)
February 1967
roRPORAn
115
Treasury Bulletin
116
i
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Table
2.
-
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, September 30, 1966
(Continued)
(in thousands of dollars)
Agriculture
Department( Continued)
Expansion
of defense
production
ASSETS
Cash in baiks, on hand, and in transit,..
Fund balances with the U. S. Treasury l^.
Investments:
Public debt securities (par value).....
Securities of Government enterprises...
Unamortized premium, or discount (-)..,
Other securities
•••.,.....,.
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, 3. dollar loans..............
Foreign currency loans. .........
Allowance for losses (-).,
Acquired security or collateral (net)....
Lend, 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
NBI INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U, S. Treasury...
Other
Noninterest-bearing investment:
Capital stock..,...,.....,..,,.......
Appropriations ••,,.,....,,,,,,,......
Capitalization of assets (net),..,...
Other
Accumulated net Income, or deficit (-).
Deposits of general and special fund
revenues (-),,,,,.,,,.,....,,...,,.,,.
Total United States interest
investment incl. Interagency items.
Interagency items:
Due from Government agencies (-).....,,
Due to Government agencies,,...,,,,,,,,
U, S,
U. S.
investment excl. interagency items.
Footnotes at end of Table S.
Aviation
war risk
insurance
revolving
fund
51
Economic
development
fund
Maritime Administration
Federal ship
mortgage
insurance
fund
17,i93
217
Vessel
operations
revolving
fund
?,667
801
War risk
insurance
revolving
fund
90
760
3,611
-16
-11
2,376
19,670
955
30
13
3,326
251
166,915
29,87i
-9,174
1,003
-11,657
3,i39
3,500
9.685
179,567
46,734
3,70^
10,626
8,285
62
593
7,502
10,372
3,500
8,285
29,093
78,606
5,825
17i,713
-86,891
51
-765
18,406
3,995
13,i85
178.707
179,567
19.310
17.6a
3.704
51
22,372
46,734
3,704
78,606
-86,891
51
17i,713
3,995
5,825
13,A85
-765
13.406
3.704
-8,285
51
178,707
19,310
17,641
3,704
32
3,562
-23,170
10,965
17', "39
22,872
5,435
3.
285
Total liabilities and investment,.,,,,,..
ANALYSIS OF UNITED STATES INVESTMEOT
United States investment......
Accumulated net income, or deficit (-),,.
Defense
Department
Commerce Department
Economic
Development
Administration
8,285
_a_
(Continued on following page)
3,704
3,704
Defense SupplyAgency
Defense
production
guarantees
February 1967
117
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section
Table
2. -
I
-
Statements of Financial Condition
Public Enterprise Revolving Funds, September 30, 1966
(In thousands of dollars)
(Continued)
.
Treasury Bulletin
118
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Table
2.
-
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, September 30, 1966
-
(Continued)
(In thousands of dollars)
Hous ing and Urban Development Department
Health, Education, and Welfare
Department - (Continued)
Public Health
Service
Operation of com
missaries, narcotic hospitals
ASSETS
Cash in banks, on hand, and in transit,
Fund balances with the U. S. Treasury 1/,
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)..
Other securities ..•........•.•«.•••...•
Advances to contractors and agents:
Government agencies.. ........... .......
Other
Accounts and notes receivable:
Government agencies. ...................
Other (net)
Inventories. . •........•
Allowance for losses (-)
Accrued interest receivable:
On public debt securities. ....... ......
On securities of Government enterprises
Other
Loans receivable:
Government agencies
....«.•
Other: U. S. dollar loans.........
Foreign currency loans
Allowance for losses (-).... ••.......
Acquired security or collateral (net),...
Land, structures, and equipment..........
Accumulated depreciation (-)...,.,.....
Foreign currenc ies, .,..••....,,,,.. •....•
Other assets (net)
,
Total assets
,
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,,,,,,,,,,,,,
U, S.
U, S.
investment excl, interagency items.
Footnotes at end of Table 3.
College
housing
loans
Public
facility
loans
Public works
planning
advances fund
Liquidating
programs
1,267
110,38°
29,081
29,542
1,792
2,593
36
11
18
35
1,051
25
26,984
2,645
2,351,206
225,412
-2,939
-6,762
86
13
-22
263
-136
22
45.019
83
2,607
2,485,761
250,423
74, 566
547
11
419
73
17,203
1,833
H
1
19
300
91
J.21.
8QS
Total liabilities
Total United States Interest
Total liabilities and Investment
Bureau of
Federal Credit
Unions
Office of the Secretary
Urban
renewal
fund
78
27
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),,.
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
,,,,,.,.,,.,,,,,,
Borrowings from the U, S, Treasury,..
Other
Noninterest-bearing Investment:
Capita 1 stock. ..•••,••••,,,,,
,,,
Appropriations, , ,,,,,,,,,,,,,,,,,,,,,
Capitalization of assets (net),,,,,,.
Other
Accumulated net income, or deficit (-),
Deposits of general and special fund
revenues (-),,,,,
Social Security
Administration
31
6,607
-iL
24,407
2,454,581
1,544
2_
3,805
257,568
10
6,773
-10,951
87,000
24,551
-13,350
-23,654
2,461,354
246,618
74, 547
17,013
2,485,761'
250,423
74, 566
17,131
2
53
1,709
65
83
2,607
1,320,734
-136,326
-1,167,395
1,686,806
i
February 1967
119
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section
Table
2.
-
I •
Statements of Financial Condition
Public Enterprise Revolving Funds, September 30, 1966
-
(Continued)
(in thousands of dollars)
Housing and Urban Development Department - (Continued)
Office of the Secretary - (Continued)
Account
Rehabilitation
loan
fund
Housing for
the elderly
or handicapped
Urban mass
transportation
fund
Federal National Mortgage Association
Special
assistance
functions
Management
and
liquidating
functions
Participation
sales
fund
Federal
Housing
Administration
Revolving
fund
ASSETS
Cash in banks, on hand, and in transit...
Fund balances vd-th the U. S. Treasury l/.
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 agencies..... ....•• .........
Other
Advances from:
Government agencies......... ...........
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentxjres, and notes payable:
Government agencies.
Other: Guaranteed by the U. S
Not guaranteed by the U. S. .....
Other liabilities (Including reserves)...
Total liabilities
7
i8,723
306,653
524
658
5,286
2
21
25,109
4,481
-1,249
174,375
2,961
54
1,283
1,993
81
164,477
5,400
43
6,119
842,933 8/
-4,330 2/
1,936
1,032
1,735
2,104
89,384
516,543
82,212
-5,840
292
2,293
37,387
2,218
644
4,459
3,765
133,628
1,029,037 8/
-6,135
830,046
7,803
-4,022
-20,484 10/
2,160
877
-540
-129
-1,645
1,187
915
506
1,940
352
175
91 606
51,073
408,814
312 640
856,660
1,024,572
202 198
1,780,164
,
6,521
385
21,574
289
,
,
6
21
4,193
41,343
8,464
684
4,768
638
83
22,172
202,198
3,292
15,809
90,124
391,682
289
••.....
NKT 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 (-)......... .................
243,065
81,300
111
827
28,591
32,211
725,120
891,830
25,000
100,531
1,121,970
52,912
405,000
358,909
-1,84.2
3,525
-46,269
102,949
202,198
633,194 1/
1,146,970
Total United States interest
51,OT1
408,525
312,640
828.069
992,361
Total liabilities and Investment
51,073
408,814
312,640
856,660
1,024,572
ANALYSIS OF UNITED STATES INVESIMEOT
United States investment.................
Accumulated net income, or deficit (-)...
52,912
-1,842
405,000
3,525
358,909
-46,269
725,120
102,949
891,830
100,531
25,000
1,121,970
investment incl. interagency items.
Interagency items:
Due from Government agencies (-).......
Due to Government agencies.. ...........
51,071
408,525
312,640
828,069
992,361
1,146,970
-7,485
6,521
-1,032
8,554
202,198
98,293
investment excl. interagency items.
51,072
327,105
999,882
202,198
1,160,113
U. S.
U. S.
Footnotes at end of Table 8.
408,525
312,640
(Continued on following page)
202,198
1,780,164
-85,
U9
)
Treasury Bulletin
120
.CORPORATIONS AND CERTAIN OTHER
Table
2.
-
BUSINESS-TYPE ACTIVITIES,
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, September 30, 1966
(Continued)
(In thousands of dollars)
Account
ASSETS
Cash in banks, on hand, and In transit...
Fund balances vrith the U. S. Treasury 1/.
Investments:
Public debt securities (par value).....
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities.
Advances to contractors and agents;
Government agencies.
Other
Accounts and notes receivable:
Government agenc ies
•
Other (net
Inventories .........•••
•
Allowance for losses (-).
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other: 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)... ....................
Total assets... .......... ................
LIABILITIES
Accounts payable:
Government agencies........ ............
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies.
Other
Trust and deposit liabilities:
Government agencies.
Other
Bonds, debentures, and notes payable:
Government agencies.
*
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)...
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capita 1 stock
Borrowings from the U. S. Treasury...
Other
Noninterest-bearing investment:
Capital stock
Appropriations, . .....................
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)............,.........,...
Total United States interest
Housing and Urban Development
Department - (Continued)
Federal Housing
Admin, - (Cont.l
Public
Housing
Community
Programs
disposal opertions fund
284,856
21,000
388
-22
144
1
17
42
340
68
1,087
10,210
58,455
-75
13,675
973
176
651
296
183
108,691 3/
2,560
1,000
2,302,160
246,356
91,145
-61,000
-16,653
-2,292,119
13,492
257,397
366, 088
ANALYSIS OF UNITED STAIB3 INVESMEOT
United States investment.................
Accumulated net income, or deficit (-)..,
30,145
-16,653
2,549,516
-2,292,119
U. S. investment incl. interagency items.
13,492
257,397
Interagency items:
Due from Government agencies (-)...,...
Due to Government agencies.............
-392
6
974
investment excl. Interagency items.
13,106
258,329
U.
S.
Footnotes at end of Table 3.
Revolving
fund for
loans
Liquidation
of Hoonah
housing project
-42
Alaska
Railroad
Alaska
Railroad
revolving
fund
29
3,098
13,675
Total liabilities and inves tment
Interior Department
Bureau of Indian Affairs
3,676
114
Bureau of
Mines
Helium
fund
Bureau of Commercial Fisheries
Federal ship
mortgage
insurance fund,
fishing vessels
February 1967
121
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table
2.
-
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, September 30, 1966
(in thousands of dollars)
-
(Continued)
Treasury Bulletin
122
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Table
2.
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, September 30, 1966
(In thousands of dollars)
(Continued)
IhbTuary 1967
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table
2.
-
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, September 30, 1966
(In thousands of dollars)
Veterans' Administration
Canteen
service
revolving
fund
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:
Government agencies....,,.,,.
,.,,,
Other: U. S, dollar loans,,.,,,,,,,,,,.
Foreign currency loans, ••,,,••.
Allowance for losses (-)...,,,,,,,,,,
Acquired security or collateral (net).,..
Land, structures, and equlfraent........,,
Accxmnilated depreciation (-)•,••..»•.,«
Foreign currencies,
•••••••••••••«•,.
Other assets (net ),..,.,,«,••,,,, .,•»,«*,
3,271
19
58
A73
6,990
7,717
-4,091
239
Total assets,, ••..*,,
••••••••••«•••.
LIABILITIES
Accounts payable:
Government agencies, ••••••••••••,,,••,«
Other
Accrued liabilities:
Government agencies.,.,, *,,,•,,,,,,,.,«
Other
Advances from:
Government agencies
,
,,,.
Ot her
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),,.
1,040
Total liabilities
4,243
708
Ul
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 (-),,.,.
,,,
,
Total United States interest
Total liabilities and investmen t ,.,,.,,,.
ANALYSIS OF UNITED STATES INVEgMENT
United States investment.,,.,,,,,,..,,.,.
Accumulated net income, or deficit (-).,»
investment incl, interagency items.
Interagency items:
Due from Government agencies (-),,,,,,,
Due to Government agencies,..,.,,,,,,.,
U, S.
U, S.
investment excl. interagency items.
Footnotes at end of Table 8,
368
10,116
10,484
14,727
Direct
loans to
veterans
and
reserves
360
970,785
(Continued)
,
'
Treasury Bulletin
124
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table
2.
-
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, September 30, 1966
(Continued)
(In thousands of dollars)
Export-Import Bank
of Washington
Veterans' Administration - (Continued)
Veterans'
reopened
insurance
fund
Account
ASSKPS
Cash In banks, on hand, and in transit...
Fund balances with the U. S. Treasury 1^' .
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premiuni, or discount (-)...
Other securities.. .....................
Advances to contractors and agents:
Government agencies.. ..«...•••.. .......
Other
Accoxints 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)
Veterans
special
terra
insurance
131
i51
27,252
Vocational
rehabilitation
revolving
fund
Liquidation of
certain Reconstruction
Finance Corporation assets
Regular
lending
activities
Farm Credit Administratior;
Revolving
fund for
administrative
expenses
Short-term
credit
investment
fund
719
302
1,219
2;i8
/i7,520
17.^,^20
82,i8r
1,250
10
10
663
291
1,573
1
153
52
7,810
62,i27
93
3,628,320
20)/
231
-231
i39
-295
i6
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).,.
28,i52
13i,552
395
3.6Q2,525
l,96i
1,077
12
20
215
15.500
Total liabilities
17,i6i
1.250
1,23^
130,000
35
17i
7i0
13,581
il
i9i
86
13
170.797
1,36^.927
1.1?°
171,873
1,380,017 3 /
I,i95
NET INVESTMEm'
United States interest:
Interest-bearing investment:
Capital stock. .......................
Borrowings from the U. S. Treasury...
Other
Noninterest-bearing investment:
Capital stock. .......................
Appropriat ions .....•.......,...,,.•.•
Capitalization of assets (net),,...,.
Other
Accumulated net income, or deficit (-),
Deposits of general and special fund
revenues (-),......,,.,,,..,,,,,,,.,..
Total United States interest
276,800
1,000,000
130,000
iOO
1,250
10,937
12,679
-17
1,035,708
-300
43
10,987
12,679
333
2,312,508
1,250
-257
150,000
Total liabilities and investment,,.,. . , ,
23,i52
18i,552
395
3,692,525
1,250
1,239
130,000
ANALYSIS OF UNITED STATES INVESIMENT
United States investment..,,,,,,,,,.,,,,.
Accumulated net income, or deficit (-),.,
1,276,800
1.035,708
-300
130,000
12,679
iOO
-17
1,250
10,987
investment incl, interagency items.
Interagency items:
Due from Government agencies (-).......
Due to Government agencies.............
10,987
12,679
383
2,312,508
1,250
U. S. investment excl. interagency items.
10,937
U, S,
Footnotes at end of Table
3.
12,679
(Continued on following page)
801
2,313,303
LI.
-257
130,000
-10
120
1,250
-U6
130,000
\
February 1967
125
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table
2. -
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, September 30, 1966
(in thousands of dollars)
-
(Continued)
Treasury Bulletin
126
-CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table
2.
-
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, September 30, 1966
(In thousands of dollars)
(Continued)
February 1967
^CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table
3.
127
Section I - Statements of Financial Condition
- Intragovernmental Revolving Funds, September
30, 1966
(In thousands of dollars)
Legislative
Branch
Total
Government
Printing
Office
ASSETS
Cash in banks, on hand, and in transit,,.
Fund balances with the U. S. Treasury l/.
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities (net)
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net )
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other
Allowance for losses (Acquired security or collateral (net)..
Land, structures, and equipment
Accumulated depreciation (-)
Other assets (net)
175
102
3,382,341
16,550
9,064
91,753
1,175,738
121,533
6,917,976
-117
672,089
-281,419
376,717
Total assets
LIABILITIES
Accounts payable:
Government a gene ies
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 a gene ies
,
Other:
Guaranteed by the United States
Not guaranteed' by the United States..
Other liabilities (including reserves)...
Total liabilities
NEI INVESmEtJT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U, S, Treasury, ,.
Other
Non interest -bearing investment
Capital stock
Appropriations. .',.,,
, , .
Capitalization of assets (net)
Other
AcciMulated net income, or deficit (-).
Deposits of general and special fund
revenues (-
Total United States interest.
Total liabilities and investment.
557,546
4,403,191
645,818
432,836
6,866,016
117,990
8,062,659
12,465,850
27,521
30
48,143
Agency for
International
Development
Acquisition
of property
revolving
fund
Agriculture Department
Agricultural
Research
Service
Working
capital
fund
Forest
Service
Working
capital
fund
Commerce Dept.
Working
capital
fund
National
Bureau of
Standards
Working
capital
fund
Treasury Bulletin
L28
-CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table
3.
-
Section I -Statements of Financial Condition
Intragovernmental Revolving Funds, September 30, 1966
(In thousands of dollars)
-
(Continued)
February 1967
rnT^PHBAT
129
Treasury Bulletin
130
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table
3.
-
Section I - Statements of Financial Condition
Intragovernmental Revolving Funds, September 30, 1966
(In thousands of dollars)
-
(Continued)
\
February 1967
nORPORAI
Treasury Bulletin
132
-CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Statements of Financial Condition
Certain Other Activities, September 30, 1966
Section
Table
4.
-
I
-
(In thousands of dollars)
Agency for International
Development
Foreign
currency loans
Total
Private
enterprises 1/
ASSETS
Cash in banks, on hand, and in transit,..
Fund balances with the U. S. Treasury 4'.
Investments:
Public debt secxirities (par value),,,..
Securities of Government enterprises,..
Unamortized premium, or discount (-),..
Other securities, .,....,.,...,.,..,....
Advances to contractors and agents:
Covernment agencies,, •.,.,.•.,........,
Other
Accounts and notes receivable:
Government agencies, ...,,,.,
Other (net)
Inventories ..,..,
Allowance for losses (-)
...,..,.,
Accrued interest receivable;
On public debt securities,
,,.,,..,
On securities of Government enterprises
Other
Loans receivable:
Government agencies
,,,,..
Other: U, S. dollar loans.,...,.,...,,.
Foreign currency loans..........
Allowance for losses (-).,.,.........
Acquired security or collateral (net),...
Land, structures, and equipment..........
Accumulated depreciation (-)..,,. ,.,,,•
Foreign currencies. ......................
Other assets (net )...,.,.,...,,.......,.,
Total assets.....,,,
•••..•«•••••,.,.
LIABILITIES
Accounts payable:
Government agencies, .•••,,.•
Other
Accrued liabilities:
Government agencies....... .............
Other
Advances from:
Government agencies.
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentxires, and notes payable:
Government agencies. .•,,,.,,,.........•
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves).,.
Total liabilities
NET
1,12s
10,125,988
Commerce
Department
Agriculture Department
S. dollar
and foreign
currency
loans
U.
Farmers'
Home
Administration Z/
7,375
119,577
Rural
Electrification Administration
427
84,414
2,606
Defense
Department
Maritime
Administration
Military
assistance
credit
sales 2/
325,674
6
7,229,278
39,487
U,665
89,
84
US
99,331 i/
1,395,959
6,345,406
5,530
18
274
16, 568
5
4,898
990
171
10
672,196
569,748
10,155,760
3,717,067
-23,619
150
8,724,884
-3,487,169
789,818
3,709,141
50,101,654 8/
4,757
51,255
66
135,305
755
1,681,767
3,571,252
1,286
4,346,310
78,439
145,815
-26
-9,090
2,072
-858
851
-428
122,53';
4,557,882
4
75
159,332
9_
630,485
62,348
309,914
3,503,873 6/
-3,302,429 2/
749,288
6,103,812
237,827
6e6,807
15,026
790
3,176
1,333,609
1,549
353
3
41,258
153,066
1,549
21,157
668
21,874
1U,251
21,788
48,620
44,431
23,960
,?92,314
34,309
770
842
1,373
65,416
230.^22
INVEgMEW
United States interest:
Interest-bearing investment:
Capital stock
,,,..,.,,.,..,..
Borrowings from the U. S. Treasury...
Other
Noninterest-bearlng investment:
Capital stock....,,.,,,,,............
Appropriations,
-.,,,,,,.,,,,.
Capitalization of assets (net),,.....
Other
Accumulated net Income, or deficit (-),
Deposits of general and special fund
revenues (-)....,,.,,,.,,,,,,,,,.,,,,.
5,011,726
687,953
33,499,934
2,464,223
13,688,800
-4,234,265
471,339
6,788,174
-78,183
-132,760
-370,960
-3.221.079
-83,243
47,209,339
309.914
Total liabilities and investment..
50,101,654
ANALYSIS OF UNITED STATES INVESTMENT
United States investment,,,,,,...........
Accumulated net income, or deficit (-)..,
4,323,773
899,328
-143,622
356,476
-411,149
-144,162
4,185,361
2,516,462
-8,500
-4,408,059
-256,282
-1,562
-1,132,076
6.031.247
88.275
4.534.526
1.1^3.187
1.^49
309,914
6.103.812
122.585
4.557.882
1.383.609
1.549
51,443,604
-4.234.265
388,096
-78.183
6,402,207
-370.960
499,424
-411.149
4,678,688
-144.162
5,561,247
-4.408.059
1,549
investment incl, interagency items.
Interagency items:
Due from Government agencies (-).......
Due to Government agencies...
,..
47,209,339
309,914
6,031,247
88,275
4,534,526
1,153,187
1,549
-99,331
15.026
-274
21.236
-22,097
22,560
U. S.
46,758,086
4,555,754
1,153,650
Total United States interest
U. S,
investment excl. Interagency items.
Footnotes at end of Table
s.
-800,831
349.578
309,914
10/
-941,159
W
5,946,943
(Continued on following page)
22i_
88,795
1,549
1,549
i
February 1967
133
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table
4.
-
Section I - Statements of Financial Condition
Certain Other Activities, September 30, 1966 - (Continued)
(In thousands of dollars)
Treasury Bulletin
134
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Statements of Financial Condition
Certain Other Activities, September 30, 1966 - (Continued)
Section
Table
4.
-
I
-
(In thousands of dollars)
iFehruary
1967
135
^CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES^
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, September 30, 1966 - (Continued)
(
Federal
Maritime
Account
Connnission
ASSETS
Cash in banks, on hand, and in transit,,.
Fund balances with the U. S, Treasury 4/i
Investments:
Public debt secxirities (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 eqxiipment..
Accumulated depreciation (-),,,,.,,,,,,
Foreign currencies, .,.,,.........,,,,,,..
Other assets (net).
Total assets...,..,
LIABILITIES
Accounts payable:
Government agencies. ,.,,,,
Other
Accrued liabilities:
Government agencies, ..........•.,,.,,,,
Other
Advances from:
Government agencies,. ....... ...........
Ot her
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Other: Guaranteed by the U, S
Not guaranteed by the U, S
Other liabilities (including reserves)...
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasxjry. ,.
Other
Noninterest-bearing investment:
Capital stock.
,..
Appropriations
Capitalization of assets (net).,..,,.
Other
Accum\ilated net income, or deficit (-),
Deposits of general and special fund
revenues (-),...........,,,,.....
In thousands of dollars
Federal
Mediation
and
Conciliation
Service
Federal
Power
Commission
Interstate
Commerce
Commission
Payment
of loan
guaranties
Canal
Zone
Government
198
i3,505
12,869
i58
Panama
Canal
Small Business Administration
Selective
Service
System
43,569
Salaries
and
expenses
5,336
2,600
83
2
10
1,505
1,753
316
291
31
20
13,663
-12,676
285
500
l,87i
753
1,288
15,067
20
175
87
39i
161
837
70,492
-24,853
8,748
-5,512
2,255
100,753
46,805
7,801
6,574
1,857
3,043
12
5,226
987
107
147
3,391
15
1,127
121
43
200
l,i39
12
10
262
712
624
l,40i
129
-212
2
2,439
1,551
79
1,261
137
10,156
6,531
5,430
39,428
51,169
57,503
3,235
480
2,U7
12/
U,676
96
12,620
-12,676
-20,464
452
2,398
-480
-1,013
Total United States interest
-117
12,620
987
90,597
40,274
2,371
Total liabilities and investment.
753
1,238
15,067
937
100,753
46,305
7,801
ANALYSIS OF UNITED STATES INVESTMENT
United States investment
Accumulated net income, or deficit (-)..,
129
-117
12,620
13,663
-12,676
90,597
60,738
-20,464
2,851
-480
investment incl. interagency items.
Interagency items:
Due from Government agencies (-).......
Due to Government agencies,
129
-117
12,620
987
90,597
40,274
2,371
-1,505
6,589
3,409
-20
1,420
U. S,
270
95,680
43,683
3,770
U. S.
investment excl, interagency items.
Footnotes at end of Table
3.
-2
-3
U3
286
1,600
14,218
937
)
Treasury Bulletin
136
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I -Statements of Financial Condition
5. - Certain Deposit Funds, September 30, 1966
Table
(In thousands of dollars)
Farm Credit Administration
Account
ASSETS
Cash in banks, on hand, and in transit
Fund balances with the U. S. Treasiiry 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 (-),
,
Accoxints and other receivables:
Government agencies
Other (net
Loans receivable:
Government agenc ies
Other
Allowance for losses (-)
Acquired security or collateral (net)
Land, structures, and equipment
Accumulated depreciation (-)
Other assets (net)
Banks
for
cooperatives
Total
97,183
38,085
18,308
5,36^,^26
46,5-^2
-25,366
-il6
77
6
Total assets
LIABILITIES
Accounts and other payables:
Government agencies
Other
Advances from:
Government agencies
Other
Tmst and deposit liabilities:
Government agenc ies
Other
Bonds, debentures, and notes payable:
Government agencies
Other: Guaranteed by the United States
Not guaranteed by the United States,
All other liabilities (including reserves).,.
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
4
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 INVESTMENT
United States investment
,
Accumxilated net income, or deficit (-)
166,939
3,261,155
3,^2P,093
17,213,357
166,939
3,261,155
Total U. S. investment including interagency items.
Interagency items:
Due from Government agencies (-)
Due to Government agencies
3,^28,093
Total U. S. investment excluding interagency items.
3,i28,63i
1/
2/
2/
-7^,781
75,321
See Table 1, footnote 1.
See Table 2, footnote 3The net income is not available by law for dividend distribution
78
Federal
intermediate
credit
banks
Federal
Deposit
Insurance
Corporation
Federal Home
Loan Bank
Board
Federal home
loan
banks
1
'
February 1967
rnppnT?ATTf
Treasury Bulletin
138
nORPORATir
February 1967
^CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES,
Table
7.
139
Section I - Statements of Financial Condition
-Loans Outstanding September 30, 1966, 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-
Public enterprise
revolving funds
Total 2/
To aid agriculture
Loans to cooperative associations:
Fanners' Home Administration:
Direct loan account
:
95,006
Rural Electrification Administration
Crop, livestock, and commodity loans:
Ccanmodity Credit Corporation
Farmers' Home Administration:
Direct loan account
Einergency credit revolving fund
Storage facility and equipment loans:
Canmodity Credit Corporation
Farm mortgage loans:
Farmers' Home Administration:
Agricultural credit insurance fund
Direct loan account
Rural housing insurance fund
Rural housing loans
Other loans:
Economic opportunity loan fund:
Loans to aid farmers and rural families
Farmers' Home Administration:
Direct loan account
Rural housing and other loans
Senior citizens' rental and rural housing loans
A,3-i6,310
Total to aid agriculture
To aid heme owners :
Mortgage loans
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation
Housing and Urban Developnent Department:
Federal Housing Administration:
Community disposal operations fund
Revolving fund
Federal National Mortgage Association:
>fe,nagement and liquidating functions
Special assistance functions
Public Housing Programs
Interior Department:
Bureau of Indian Affairs:
Liquidation of Hoonah housing project
Ve terans 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
95,006
1,388,597 4/
1,295
101,137
1,295
101,137
30,310
30,310
2i5,22i
326,570
97,523
648,398
245,224
326,570
97,523
648,398
50,275
50,275
700,354
700,354
1,U8
162
34,380
34,380
8,066,827
3,719,231
152,220
152,220
10,210
133,628
10,210
133,628
^
1,029,037
842,933 1/
Total to aid home owners
Treasury Department
Other purposes:
Interstate Commerce Commission
Treasury Department:
Reconstruction Finance Corporation loans in liquidation
Ship mortgage loans:
Commerce Department:
Federal ship mortgage insurance fund
Maritime Administration
Other loans:
Expansion of defense production:
Interior Department
Treasury Department
Defense production guarantees:
Air Force Department
Army Department
Navy Department
Other purposes:
Commerce Department:
Econanic Development Administration:
Economic development fund
Federal ship mortgage insurance fund
1,029,037
842,933
169
169
156
156
'
To aid industry :
Loans to railroads:
Expansion of defense production:
1,388,597 4/
i71,697
16,076
y
^
^
Certain other
activities
Foreign
currency
loans i/
:
Treasury Bulletin
lAO
\
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table
7.
-
Section I - Statements of Financial Condition
Loans Outstanding September 30, 1966, Excluding Interagency Loans and Those Made by
Deposit and Trust Revolving Funds, Classified by Types of Loans - (Continued)i/
(in thousands of dollars)
United States dollar loans
Type of loan and lending agency
Total 2/
To aid industry (Continued) :
Other loans (Continued):
Other purposes (Continued)
Housing and Urban Development Department:
Office of the Secretary:
Urban mass transportation fund
Interior Department:
Bureau of Commercial Fisheries:
Federal ship mortgage insurance fund, fishing
vessels
Fisheries loan fund
Geological Survey
Small Business Administration:
Business loan and investment fund
Treasury Department:
Civil defense loans
Reconstruction Finance Corporation loans in liquidation
5,^00
393
^
Total to aid industry
To aid education
Health, Education, and Welfare Department:
Office of Education: 3/
Loans for construction of academic facilities
Loans to institutions and nonprofit schools
Loans to students in institutions of higher education ....
Public Health Service:
Loans to institutions and nonprofit schools 6/
:
i3,872
Housing and Urban Developnent Department:
Office of the Secretary:
College housing loans
2, 3
Total to aid education
3,395,927
To aid States. Territories, etc.
Commerce Department:
Economic Development Administration:
Economic development fund
General Services Administration:
Public Works Administration (in liquidation)
Health, Education, and Welfare Department:
Public Health Service 6/
Housing and Urban Develofment Department:
Office of the Secretary:
Liquidating programs
Public facility loans
Urban renewal fund
Public Housing Programs
Interior Department:
Bureau of Reclamation 6/
Office of Territories:
Alaska public works
National Capital Planning Commission
Treasury Department:
Miscellaneous loans and certain other assets
n, 206
:
^
Total to aid States, Territories, etc
Foreign loans
Foreign military sales fund:
Defense Department
Military assistance credit sales:
Defense Department
Other purposes:
Agency for International Development:
Alliance for Progress, development loans
Development loans
Development loan fund liquidation account
Loans to United States firms and domestic or foreign
firms in foreign countries
All other loans
Commerce Department:
Maritime Administration
Export-Import Bank of Washington:
Regular lending activities
Treasury Department:
Miscellaneous loans and certain other assets
33,810
,
56,079
4,677
,
,
,
,
,
,
,
6,176
225,412
363,001
57,726
107,961 7/
893
417
139,036
995,190
:
Total foreign loans
48,194
1,549
916,157
2,401,929
287,649
1,681,767
1,381
3,628,320 10/
3,707,533
12,674,478
Public enterprise
revolving funds
5,400
Certain other
activities
Foreign
currency
loans
^
February 1967
U2
Treasury Bulletin
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 8. - Loans Outstanding by Periods for All Business-Type Activities
Excluding Interagency Loans but Including Foreign Currency Loans
Part A. -Classified by Types of Loans
February 1967
U3
-CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Statements of Financial Condition
Table 8. - Loans Outstanding by Periods for All Business-Type Activities
Excluding Interagency Loans but Including Foreign Currency Loans - (Continued)
Section
-
I
Part B.
-
Classified by Agencies
(In millions of dollars)
Commerce
Dept.
Agriculture Departjnent
Agency
End of period
Fiscal Years
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
for
International
Development 7/
Total
1/
Development
loan
fund 8/
Farmers
Home
Administration
2/
Rural
Electrification
Administration
2,137.4
2,319.0
1,994.3
1,600.0
2,480.3
1,347.0
1,522.8
2,254-9
2,601.8
2,814-8
2,533.9
2,231.5
769.6
810.6
866.5
902.7
962.6
1,013.1
1,110.6
1,322.0
1,582.4
1,793.4
2,027.6
2,138.1
2,285.6
2,413.2
2,585.8
2,773.6
2,973-5
3,186-5
3,367-4
3,524-6
3,693.7
3,869.3
4,072.3
4,274.4
2,620.8
2,348-9
1,778-1
3,298.4
1,745.0
1,876.6
2,506-5
2,835-2
2,987.6
2,845-7
2,631.9
681.3
757.6
832.1
,139.9
,363.5
,575.7
,756.0
,044.0
2,348.0
2,488.2
2,687.6
2,874.4
3,082.7
3,287.3
3,458.4
3,600.3
3,784.3
3,956.5
4,192.3
Commodity
Credit
Corporation
41,630.0
44,726.1
48,989.6
20,506.3
21,091.5
22,755-6
25,851.1
28,277.7
31,122.6
34,849.2
37,728.2
40,421.0
43,035.8
45,915.0
1,766.8
1,994.6
2,194.8
2,682.3
3,042.6
3,381.9
4,433.1
5,222.5
6,604.1
8,129.3
9.629.1
Sept. 30.
43,366.7
44,327.5
9,244.8
3,059.0
1,783.5
1,913.2
2,073.1
1966-Mar. 31.
Sept. 30.
47,897.7
50,531.7
9,963.5
10,126.9
2,820.4
1,418.9
2,250.0
2,276-6
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,ia.8
Calendar years
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
ties
Office of
Education
Federal National
Association
Mortgage
Federal
Housing
Admin- Manageistra- "-"t ani^
tion J2/li<5uidating
Secondary
market
Special
assistance
Public
Housing
Programs
1.5
67.0
262.1
513.5
12/
.7
276.1
270.4
235.0
208.0
179.1
152.3
130.2
126.2
113.1
107.3
109.5
.6
.5
.4
30.8
72.7
130.7
205.2
295.5
409.1
541.8
777.6
229
308
456
477
679
905
1,116
1,433.1
1,755.8
2,074.0
2,420.5
2,843-1
56.6
166.7
202.2
291.8
348.7
244.3
145.7
136-4
2,584.5
2,495.6
2,356.5
2,218.5
2,030.4
1,726.5
1,587.1
1,416.6
1,270.6
1,123.4
1,019.2
905-3
233.4
1,248.1
1,393.6
1,573.8
2,600.5
2,522.3
2,871.3
2,138.1
2,021.0
2,069.4
3,717.6
85.7
648.7
1,635.8
1,380.7
2,049.8
2,903.0
2,871.9
2,846.6
2,061.8
1,996.9
2,519.5
397.3
981.8
9.1
1
.4
99.5
90.1
24.6
164.2
94.2
91.3
,211 .1
89.1
93.1
97.5
97.1
1,690.1
1,828.8
1,907.6
1,612.2
1,499.5
1,116.6
825.2
93.8
48.3
59.7
57.6
:
1965
Current quarters
1965-Mar.
31.
Interior
5.9
159.3
378.8
8,6U.3
8a.
915.9
983.9
End of period
Expansion of
defense
production
RFC (in
liquidation)
lA/
11.9
14.5
16.9
18.8
14.6
14.3
13.3
12.3
10.9
9.4
202.1
116.6
Expansion of
defense
prod
.6-
.5
264.3
352.4
356.7
.4
.3
570.1
835.1
123.1
119.7
117.2
105.4
111.5
179.4
255.6
344-4
476.6
635.8
1,007.7
1,243.3
1,625.4
1,907.1
2,318.2
2,587.3
183.3
236.2
321.3
353.2
168.7
133.0
2,555-7
2,417.8
2,289.9
2,124.3
1,949.5
1,659.5
1,507.9
1,339.8
1,174.3
1,113.7
826.5
3,996.4
4,130.0
114.7
105.8
532.4
610.5
2,361.7
2,526.7
159.2
140.7
1,080.2
982.8
2,029.8
2,165.0
1,155.6
1,013.1
49.9
59.7
4,247.6
4,346.3
106.2
103.3
719.2
1,000.8
2,715.3
3,121.0
131.4
143.8
836.6
1,029-0
3,271.1
4,086.7
1,032.1
842.9
62.4
58.5
General
Services
Other
260.7
276.5
265.4
226.3
195.2
171.3
ia.3
Veterans
Administration
Treasury Department
Dept.
Adminis- Direct
tration loan
program
16/
Loan
guaranty
revolying
fund 12/
.6
Export-Import Bank
of Washington
Expansion of
defense
production
Other
67-4
5.6
72.2
4I8.6
568.4
779.1
881.2
537.1
92.9
106.0
105.4
95.9
87.4
99.3
95.4
151.6
134.6
46.6
75.1
Farm Credit Administration
Banks
for
cooperatives
Federal
Farm
Mortgage
Corporation ]S/
Federal
intermediate
credit
banks
Fed. Home
Loan Bank
Small
Board
Business
Other
Admin13/
istraFed. home
tion
loan
banks
:
1961
1962
1963
1964
1965
1966
Calendar years
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
8.1
170.9
185.4
180.2
181.7
169.4
162.9
121.6
121.3
53.0
17.9
16.7
6.5
14.9
70.4
3,601.0
3,555.2
3,509.5
3,522.i
3,470.5
3,406.2
3,369.4
3,348.7
3,323.5
3,263.1
3,297.9
3,320.1
84.5
83.4
82.3
81.1
79.9
162.7
165.9
173.7
154.8
152.6
158.3
177.2
370.2
433.3
521.3
694-1
824-7
054.9
1,228.7
1,343.2
1,275.4
1,252.3
1,145.0
478.6
60.5
78.3
106.8
156.8
231.8
315.6
388.5
46I.O
354.5
441.7
504.0
534.1
22.3
30-3
36.5
32.4
28.4
24.4
15.1
a2.8
68.2
91.2
129.2
190.0
272.8
351.3
436.5
422.1
23.5
38.2
34.4
30.4
2,773.6
2,681.5
2,630.2
3,061.3
3,486.6
3,268.0
3,a4.9
321-7
349.1
384.3
11.6
ao.o
525.9
553.1
596.7
3.9
2.2
3,712.2
693.4
702.2
3,815.6
759.2
3,533.0
3,511.9
932.3
3,611.8 L,107.7
846.6
397.7
996.5
1,227.0
1,547.4
1,697.8
1,830.9
1,998.1
2,292.7
2,507.3
2,686.6
3,066.3
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
4,768.9
5,585.9
6,783.1
34.9
85.1
154.8
245.5
346.6
393.7
466.0
644.7
726.2
801.4
1,008.7
1,260.6
27-8
31-2
34-6
37-8
47.6
234.9
237.0
397.4
521.2
697.2
749.0
723.8
689.4
733.6
928.8
1,159.0
1,395.9
1,501.7
1,651.2
1,840.9
2,100.0
2,252.5
2,515.8
1,416.8
1,228.2
1,265.2
1,298.3
2,134.3
1,980.8
2,662.2
3,479.0
4,784.2
5,324.5
5,996.9
54.1
115.6
202.9
292.8
370.8
427.5
539.5
695.9
754.2
902.5
1,109.5
29.7
30.4
31.5
33.7
234.7
333.7
424.1
598.2
556.5
842.6
:
Current quarters
1965-Mar3r"
Sept. 30
1966-Mar.
activi-
Office
of the
Secretary
11/
:
1,691.6
1,885.5
2,111.3
2,436.7
2,894.2
3,263.1
3,655.5
5,027.1
6,123.0
7,415.8
9,007.7
9,838.4
Fiscal years
1955
1956
1957
1958
1959
1960
fferitijne
Housing and Urban Development Department 10/
Health,
Education, and
Welfare
Dept.
31
Sept. 30
13.2
143.2
89.4
185.8
178.6
177.5
176.3
I64.9
161.7
126.5
112.0
149.0
161.9
170.4
463.8
640.4
745.6
893.8
146.7
1,309.3
1,379.9
1,265.1
1,259.3
570.7
530.1
573.9
2,702.2
2.663.1
3,005.6
3,332.1
3,231.3
3,290.5
3,893.8
3,580.7
3,610.5
3,472-3
3,398.2
83.8
82.6
81.5
80.3
375.1
457.1
454.5
511.3
622.9
650.1
697-1
736-5
842-0
962-9
,057.0
11.6
17.3
16.4
3,552.9
3,507.1
3,557.5
3,469.9
3,406.3
3,353.3
3,318.8
3,308.3
3,261.0
3,264.6
3,294.1
8.3
7.9
16.9
16.5
3,266.3
3,273.3
161.2
175.8
1,163.4
868-5
526.2
531.4
3,454.6 1,009.4
945.0
3,333.9
2,382.6
2,730.6
4,747.0
5,801.8
970.0
1,023.0
594.5
784.4
7.1
6.2
15.1
14.1
3,303.5
3,852.0
180.2
179.8
577.2
652.0
614.1
3,377.6
3,628.3
2,703.0
3,091.0
5,687.5
7,175.1
1,228.6
943.5
756.9
15.8
18.0
14.7
14.3
13.6
12.7
11.6
10.0
8.6
7.8
Footnotes on page 145.
51.1
79.1
163.1
165.5
162.2
50s.
ai.7
26.4
22.3
8.0
,138.0
,202.1
2.2
a.
:66.9
..
.
.
.
Treasury Bulletin
U4
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Footnotes to Table 1
2/
These amoiints consist in t-he main of unexpended balances cf general,
special, and re^rolvlng fund accounts against which checks may be
drawn to pay proper charges under these funds. The funds are considered as assets of the agencies, but are not assets of the United
States Government since funds must be provided out of cash balances
of the Treasurer of the United States and future receipts to take
care of checks to be issued against the balances.
Includes foreign currency assets, representing loans and other
receivables recoverable in foreign ciorrency as well as balances of
foreign currencies in United States depositaries, aggregating $5,698
million in dollar equivalent. These currencies, acq-oired primarily
without the payment of dollars, were generated iinder various Government programs, principally the Agricultural Trade Development and
Assistance Act of 1954, as amended, and the Mutual Security Acts, as
amended. Dollar equivalents are computed for reporting purposes, to
provide a common denominator for the currencies of the many countries
involved. Foreign currencies on hand and on deposit and loans under
section IO4 (e) of the Agricultural Trade Developnent and Assistance
Act of 195A, as amended, are stated at the rates as of September 30,
1966, at which the United States could purchase currencies on the
market for regular operating purposes. Other loans are stated at the
rates at which they are to be repaid or at rates in effect when the
loans were extended. Currencies that are dollar denominated or guaranteed as to rate of exchange are stated at rates specified in the
agreements
Less than $500.
Footnotes to Table
See Table 1, footnote 1.
Foreign currency assets are included throughout the table (see Table
1, footnote 2)
3/ Certain corporations and other business-type activities that have submitted statements of financial condition guarantee and insure loans
made by private financial institutions and insure deposits in banks
and savings and loan associations. These commitments are excluded
from their balance sheets. The major agencies that have these items
and the principal amounts thereof are as foUoire:
Amount
(in millions
Activity
of dollars)
Foreign military sales fund (June 30, 1966)
36
Agency for International Development:
Foreign investment guaranty fUnd
L47
Agricultiire Department:
9/
Fanners' Home Administ-ration:
10/
Agricultural credit insurance fund
901
Rural housing insurance fund
11/
138
Commerce Department:
Federal ship mortgage insurance fund
12/
450
Housing and Urban Development Department:
13/
Office of the Secretary:
Urban renewal fund (June 30, 1966)
14/
1,660
Federal Housing Administration:
1^/
Revolving fund
52,7^0
Public Housing Programs:
Local housing authority bonds and notes
4, 549
Local housing authority temporary notes
16/
920
Veterans' Administration:
Loan guaranty reTOlving fund (June 30, 1966)
16,301
Export-Import Bank of Washington (June 30, 1966)
17/
50
Federal Deposit Insurance Corporation (June 3.0, 1966).
IB/
210,179
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation (June
30, 1966)
109,564
Interstate Commerce Commission (June 30, 1966)
197
Small Business Administration (June 30, 1966)
19/
245
Defense production guarantees (various agencies) (June
30, 1966)
24
Represents transfers of principal and interest to miscellaneous
20/
receipts of the United States Treasury.
Includes operating and administrative expenses fimds.
21/
Certificates of interest amounting to $206 million, issued against
certain of these loans, were outstanding September 30, 1966.
22/
Represents noninterest-bearing public debt borrowings from the United
States Treasury Department pursuant to an act approved November 2,
23/
1965 (79 Stat. 1178).
24/
Has been reduced try participation certificates
issued under trust
»
(In millions
of dollars)
Federal National ftortgage Association:
Special assistance functions
647
121
Management and liqiiidating functions
Veterans' Administration:
Direct loans to veterans and reserves
750
206
Loan guaranty revolving fund
Small Business Administration:
loan
and
investment
fund
Business
290
Disaster loan fund
60
Represents unrealized purchase discounts.
Includes unrealized equity in assets of the Defense Homes Corporation
in liquidation by the Association and certain allowances
Includes helium stored undergroimd for future use amounting to $131
million.
Figures are as of June 30, 1966, the latest available.
Represents the fund known as "Advances to employment security administration account, unemployment trust fund."
Includes construction work in progress amounting to $128 million.
Figures are as of October 7, 1966. The cash and fund balances and
receivables include sufficient funds to pay for resources on order
of $241 million. These resources on order are a part of the Government equity in the Postal Seirvice.
Valued at cost, estimated if not known. Land includes sites held for
resale to prospective lessors for vrtiich $24 million ha ? been paid or
obligated
Represents construction in progress.
Liabilities do not include (l) postage in the hands of the public
accounted for as revenue when sold, and (2) the following types of
contingent and :^ture obligations: contingent liabilities for cases
pending before the Civil Aeronautics Board and for pending suits and
damage claims, and conenitments under long-term leases.
Ch.anged from interest-bearing to noninterest-bearing investment pursuant to acts approved February 29, 1964 (78 Stat. 147), and August
30, 1964 (78 Stat. 661J
Participation certificates amounting to $1,356 million, issued
against certain of these loans, were outstanding September 30, 1966.
This fund was established effective July 1, 1966, by an act approved
May 2, 1966 (80 Stat. 132),
Represents accrued interest expense on borrowings from the United
States Treasury Department on which payment has been deferred.
Represents primary and secondary reserves,
Consists of net income from power operations of $660 millaon and net
expenses of nonrevenue-producing programs of $328 million,
Less than $500.
Footnotes to Table
See Table 1, footnote 1.
Includes Defense Cornraunications Agency.
Excludes capital property such as land, structures,
and equipment a=
follows: Defense agencies, $5 million; Air
Force, $1,746 milUon:
Amy, $1,728 million; and Navy, $3,098 million.
Represents prepayments for orders made by other
Government agencies
V
*
2
agreements by the Federal National Mortgage Association, participation sales fund. The face amounts of participation certificates
outstanding for these programs as of September 30, 1966, were:
3
to this fund.
Consists mainly of capital representing appropriations, reappropriations, capitalization of assets, and accumulated net income or deficit.
Figures for each of these amounts were not shown separately on
to report sutmitted by the fund.
Less than $500.
February i967
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Footnotes
1/
y
y
Table
to
Represents the Cooley loan program established pursxiant to the Agricultural Trade Development and Assistance Act of 1954, as amended
(7 U.S.C. 1704 (e)).
Represents other loans, salaries, and expenses
Loans shown in this coliimn are in liquidation.
See Table 1, footnote 1.
Represents auDunts due from other af^ropriations to cover iindislxirsed
loan agreements financed out of grant appropriations.
Includes assets in use, vessels, and other assets held primarily for
mobilization, and vessels held for scrapping.
Represents depreciation on assets in use and on mobilization assets,
and allowance fcr losses on vessels held for scrapping.
Foreign currency assets are included throughout the table (see Table
1, footnote 2)
Represents deferred interest income.
Represents transfers of principal and interest to miscellsmeous receipts
of the United States Treasuiy.
Represents judgments in favor of the United States. Does not include
allowance for uncollectible Items.
13/
yy
16/
.
2/
10/
17/
18/
19/
145
4
Represents interest on invested capital.
Includes Public Works Administration (in liquidation) and strategic
and critical materials.
Includes stock of the Asian Development Bank amounting to $20 million,
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
amoumting to $5,160 mi] lion, $35 million, $800 million, and $424 million, respectively.
Represents lend-lease and surplus property principal balances.
Includes $196 million under the agreement with Germany dated February
27, 1953, $358 million due under the agreement with Japan dated January 9, 1962, and the loan to the United Kingdom amounting to $3,149
million
Includes buildings and land improvements and construction work in
progress amounting to $1,174 million.
Includes construction work in progress amoixnting to $1,157 million.
»
Less than $500.
See Table 2, footnote 3.
Footnotes to Table 8
y
y
y
y
y
y
y
y
2/
10/
12/
12/
It inTable 8 relates to all loan programs of Government agencies.
cludes not only the United States dollar and foreign currency loans
all
in
also
loans
made,
the
summarized separately in Table 7, but
United States dollars, by deposit funds (Table 5) and trust revolving
funds (Table 6). Pursuant to an amendment issued June 23, I960, and
a supplement issued June 16, 1965, 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 and certificates
of interest.
The major portion of the loans of the Veterans' Administration loan
guaranty revolving fund is included under "Mortgage loans'* in 1955
and under "Other" to aid home owners thereafter.
Includes guaranteed loans held by lending agencies at the close of
certain periods, participation certificates beginning June 30, 1963,
and the loan to the United Kingdom.
See footnote 13.
Includes loans to insurance coapanies amounting to $3-4 million as of
June 30, 1955, and $3.1 million as of December 31, 1955.
This agency was established in the Department of State, and the International Cooperation Administration and the development loan fund were
abolished on November 3, 1961, pursuant to an act approved September
4, 1961 (75 Stat. 445), and Executive Order No. 10973 dated November
Loans of the abolished agencies were transferrred to this
3, 1961.
Agency and a new fund for development loans was established. Data
for earlier periods are for predecessor agencies.
This fund was abolished on November 3, 1961 (see footnote 7),
Consists of the emergency credit revolving fund; the agricultural
credit insurance fund; State rural rehabilitation funds beginning
June 30, 1956; the direct loan account beginning December 31, 1961;
the rural housing for the elderly revolving fund from June 30, 1964,
through June 30, 1965; the rural housing direct loan account beginning
September 30, 1965; the rural housing insurance fund beginning December
Prior to June 30, 1956, December
31, 1965; and other loan programs.
31, 1961, and September 30, 1965, loans of the agricultural credit
insurance fund, the direct loan accopnt, and the rural housing direct
loan account, respectively, were included in statements of nonrevolving fund loan programs.
Formerly Housing and Home Finance Agency. This new Department was
established pursuant to an act approved September 9, 1965 (79 Stat.
667).
Includes urban renewal loans authorized by the Housing Act of 1949,
as amended (42 U.S.C. 1452 (a)); college housing loans authorized by
the Housing Act of 1950, as amended (12 U.S.C. 17^9); loans held by
the revolving fund established by an act approved June 24, 1954 (68
Stat. 295); ,as of December 31, 1955, public works planning loans
authorized by the Housing Act of 1954 (40 U.S.C. 462); beginning
December 31, 1956, public facility loans authorized by the Housing
Amendments of 1955 (42 U.S.C. 1491); as of December 31, 1956, June.
30, 1957, and from June 30, 1960 through March 31, 1966, loans of
the conminity disposal operations fund authorized by the Atomic
Energy Community Act of 1955, as amended (42 U.S.C. 2311) (this fund
was transferred to the Federal Housing Administration as of June 1,
1966); beginning December 31, 1961, loans for housing for the elderly
or handicapped authorized by the Housing Act of 1959, as amended
(12 U.S.C, 1701q); beginning March 31, 1965, loans authorized by the
Urban Mass Transportation Act of 196i (49 U.S.C. 1601); and beginning
December 31, 1965, rehabilitation loans authorized by the Housing Act of
1964 (42 U.S.C. U52b).
From June 30, 1956, through March 31, I960, 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 assets have
now been reclassified as loans, and begini:ing June 30, I960, are included
in this table (see footnote 1 at end of Table 7). Beginning June 30 j
1966, figures in this column include loans of the community disposal
operations fund (see footnote 11).
11'
14^
ly
w
17/
Ig/
30/
,
Beginning with^
31, 1955.
that date, certain mortgage notes have been reported and are classified as mortgage loans.
On September 29, 1953, pursuant to an act approved July 30, 1953 (15
U.S.C. 609), the Reconstruction Finance Corporation started liquidation of its activities, except those carried on pursuant to Section
409 of the Federal Civil Defense Act of 1950 (50 App. U.S.C. 2261)
and expansion of defense production activities carried on pursuant to
the Defense Production Act of 1950, as amended (50 App. U.S.C. 20912094), which had been transferred to the Secretary of the Treasury as
of September 28, 1953, and as of the close of business on September
Effective at the close of business June 30,
28, 1953, respectively.
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 AssoOn July 1, 1954, the
ciation, and the Small Business Administration.
remaining activities of the Corporation were transferred to the Secretary of the Treasury to complete their liquidation, pursuant to the
act of July 30, 1953, as amended June 29, 1954. The Corporation was
abolished effective at the close of business June 30, 1957, by Reorganization Plan No. 1 of 1957, and the remaining functions of the
Corporation were transferred to the Housing and Home Finance Administrator, Administrator of General Services, Administrator of the Small
Business Administration, and the Secretary of the Treasury.
Consists of the loan to the United Kingdom and other miscellaneous
loans. Federal civil defense loans, Reconstruction Finance Corporation loans in liquidation beginning December 31, 1957 (see footnote
14), and loans of the Federal Farm Mortgage Corporation liquidation
fund from December 31, 1961 through June 30, 1965 (see footnote 18).
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, I96I, pursuant to the act
of August 30, 1961 (75 Stat. 419), and the loans are being liquidated by the Administrator of General Services) , the Reconstruction
Finance Corporation liquidation fund through September 30, 1963,
surplus property credit sales (see footnote 1 at end of Table 7),
and loans acquired pursuant to the Defense Production Act of 1950,
as amended (50 App. U.S.C. 2091) through December 31, I960.
The Veterans' Administration loan guaranty program became a revolving fund effective July 1, I96I, pursuant to an act approved July
14, I960 (74 Stat. 533).
From June 30, 1956, through March 31, I960, 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
On October 4, 1961, this
30, 1961, were included in this column.
Corporation was abolished pijrsuant to an act approved October 4,
1961 (75 Stat. 773), and its remaining assets were transferred to
the Secretary of the Treasury for liquidation.
The major portion of the loans is held by: Department of the Interior - Indian loans, fisheries loan fund beginning Jxme yiy 1957,
Bureau of Reclamation beginning June 30, 1959, and Alaska public
works loans beginning June 30, I960; Department of the Arniy - guaranteed loans (World War II) through December 31, 1957; Federal
Savings and Loan Insurance Corporation, Defense Department (military
assistance credit sales), and State Department beginning June 30,
I96O; Commerce Department - area redevelopment fund beginning June
30, 1962 (now known as the economic development fund); the foreign
military assistance fund beginning September 30, 1965; 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 Air Force beginning June J^^ 1956, Amy, and Navy, and the
General Services Administration as of December 31, 1959.
Less than $50,000.
¥0 loans were reported prior to December
Treasury Bulletin
U6
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section IV
-
Par ticipation Certificates
(In millions of dollars - face amounts)
,
February 1967
U7
.CUMULATIVE TABLE OF CONTENTS.
March 1966 through February
1967
Issue and page niimber
1966
Apr
May
June
Reporting bases.
July
1967
fag-
II
Article:
Treasury financing operations.
A-1
A-1
Sujnmary of Federal fiscal operations.
Administrative budget receipts and expendit\ires:
Receipts by principal sources
Detail of miscellaneous receipts by major categories
Chart - Internal revenue collections by principal sources
Expenditures by agencies
Interfund transactions excluded from both net budget receipts
and budget expenditures
Summary of appropriations and authorizations, expenditures, and
balances, by agencies
Expenditures and balances by functions
Expenditures by functions
Detail of excise tax receipts
Summary of internal revenue receipts by States, calendar year 1965.
Trust and other transactions
Summary of trust and other transactions
Trust receipts
Trust, deposit fund, and Government-sponsored enterprise
expenditures
Interf\ind transactions excluded from both net trust receipts
and trust expenditures
Purchase of participation certificates by trust accounts
Investments in public debt and agency securities (net)
Sales and redemptions of Government agency securities in
market { net )
Federal Old-age and Survivors Insurance Trust Fund
Federal Disability Insurance Trust Fund
Federal Hospital Insurance Trust Fund
Federal Supplementary Medical Insurance Trust Fund
Railroad Retirement Accoxmt
Unemployment Trust Fund
National Service Life Insurance Fund
Investment of specified trust accounts in public debt and agency
seciirities, by issues (latest date December 31, 1966)
IV
IV
IV
1
1
1
1
Sept.
Dec.
II
II
IV
IV
r/
I
1
1
Jan.
IV
1
1
8
10
:
Consolidated cash transactions:
Summary of Federal Government cash transactions with the public...
Intragovernraental and other noncash transactions
Federal receipts from and payments to the public - seasonally
adjusted and unadjusted
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
Sujmnary of cash transactions through the Account of Treasurer
of the United States
Gold assets and liabilities of the Treasury
Monetary statistics:
Money in circulation.
12
12
10
10
11
11
12
12
10
10
11
11
9
10
9
11
11
10
10
13
11
12
13
11
11
12
10
U
11
16
u
15
16
u
14
15
13
15
14
U
12
13
U
12
12
13
11
15
13
U
15
13
13
15
14
12
16
17
16
17
13
12
14
13
21
22
17
18
16
17
23
19
18
12
14
15
18
19
16
17
18
15
16
16
17
18
20
19
19
22
23
18
16
19
17
21
22
18
23
17
18
15
16
20
21
18
2i
25
20
21
19
24
1^
20
25
20
21
18
19
24
25
20
21
20
22
22
20
20
26
26
22
22
21
21
26
26
22
22
20
20
26
26
22
22
21
21
23
21
27
23
22
28
28
29
24
24
25
22
22
23
28
28
29
24
24
25
23
23
24
29
30
25
26
23
24
29
30
25
26
24
25
23
Debt outstanding;
Summary of Federal securities
Computed interest charge and rate on Federal securities
Interest-bearing' public debt
Maturity distribution and average length of marketable
interest-bearing public debt
Special public debt issues to U. S. Government investment accounts.
Treasury holdings of securities issued by Government agencies
Interest-bearing securities issued by Federal agencies but not
guaranteed by the U, S. Government
Statutory debt limitation
29
Public debt operations:
Maturity schedule of interest-bearing public marketable securities
other than regular weekly and annual Treasury bills
Offerings of Treasury bills
New money financing through regular weekly Treasury bills
Offerings of public marketable securities other than regular
weekly Treasury bills
Securities issued in advance refunding operations
Allotments by investor classes on subscriptions for public
marketable securities other than regular weekly Treasury bills....
Disposition of matured public marketable securities other than
regular weekly Treasury bills
13
16
17
18
19
10
23
2^
2i
25
22
22
23
28
28
29
2i
2i
25
25
29
30
25
26
27
23
2A
25
31
27
28
26
32
26
23
23
24
24
25
26
19
31
27
25
31
27
26
27
32
28
26
32
28
27
33
29
28
33
29
27
33
29
28
29
31
33
•34
30
32
36
38
30
32
38
30
32
34
28
32
3i
34
36
3/.
3i
36
38
30
30
32
29
31
34
38
i3
36
i2
38
43
37
42
42
47
38
43
36
41
42
48
39
45
36
41
30
32
28
35
39
i6
50
46
45
50
46
44
51
48
40
A9
53
49
48
53
49
47
55
52
42
(Continued on following page)
Treasury Bulletin
U8
CUMULATIVE TABLE OF CONTENTS.
March
1966 through February 1967
-
(Continued)
Issue and page number
10n7
1966
Mar
.
Public debt operations (Continued):
Foreign series securities Cnonmarketable) issued to official
institutions of foreign countries
Foreign currency series securities ( nonmarketable) issued to
official institutions of foreign countries
•
Apr
May
June
July
55
51
56
61
67
62
6/.
70
70
71
Aug
Sept.
Dec
Oct.
Jan.
55
63
60
46
63
61
69
66
50
66
66
67
64
64
69
69
AQ
67
72
72
73
75
76
70
71
68
73
69
74
United States savings bonds :
Cumulative sales and redemptions by series
Sales and redemptions by periods, all series combined
Sales and redemptions by periods, aeries E through K
Redemptions of matured and unmatured bonds
Sales and redemptions by denominations, Series E and H combined..
Sales by States , Series E and H combined
64
65
67
Ownership of Federal securities
Distribution by classes of investors and types of issues
Net market purchases or sales for investment accoimts handled by
the Treasury
Estimated ownership
66
66
67
65
65
70
70
66
71
7?
73
74
65
74
70
72
52
52
53
55
:
Treasiu'v s\irvey of ownership of Federal securities
68
75
69
7o
76
77
75
76
70
71
69
70
74
76
81
83
76
78
75
88
75
77
90
77
77
78
84
85
7Q
78
80
79
91
92
:
Ownership by banks, insurance companies, and others
Ownership by commercial banks classified by membership in Federal
Reserve System (latest date December 31, 1966}
Market quotations
End-of-month closing quotations on Treasiuy securities by issues.
Chart - Yields of Treasury securities
:
Average yields of long-term bonds
Average yields of Treasury and corporate bonds by periods
Chart - Average yields of Treasury and corporate bonds
84
86
80
82
63
65
83
66
67
:
Exchange Stabilization Fund (latest date September 30, 1966)
Balance sheet
U.S. stabilization agreements
Income and expense
80
80
81
78
79
84
:
70
80
31
81
80
80
80
81
81
69
69
National bank reports
Earnings, expenses, and dividends for calendar years 1961-65
:
International financial statistics :
U.S. gold stock, and holdings of convertible foreign currencies
by U.S. monetary authorities
U.S. Treasury nonmarketable notes and bonds issued to official
institutions of foreign countries
U.S. monetary gold transactions (net)
Estimated gold reserves and dollar holdings of foreign countries
and international institutions
Liabilities to foreign official institutions and international
and regional organizations
Capital movements between the United States and foreign coigntries :
Summary by periods beginning 19^6
Summary by countries and periods
Short-term banking liabilities to foreigners, latest month
Short-term banking claims on foreigners, latest month
Long-term banking liabilities to and claims on foreigners,
latest month
Purchases and sales of long-term securities by foreigners,
latest month
Short-term liabilities reported by nonbanking concerns
Short-term claims reported by nonbanking concerns
Long-terra liabilities reported by nonbanking concerns
Long-term claims reported by nonbanking concerns
Foreign credit and debit balances in brokerage accounts
Short-term liabilities, countries and areas not regularly
reported
Purchases and sales of long-terra securities by foreigners during
calendar year 1965
Foreign currencies acquired by the United States without purchase
with dollars
Transactions and balances in Treasury accounts
Transactions and balances in agency accounts
81
86
81
86
81
82
86
87
82
82
82
83
89
35
°0
86
70
71
84
91
87
"2
85
Q2
88
73
87
94
90
75
90
97
106
107
93
102
103
78
87
93
94
83
84
°5
84
8^
06
85
87
90
99
100
99
100
87
82
83
82
83
82
83
86
89
91
94
90
90
99
98
99
103
104
99
100
99
100
101
110
111
100
100
105
101
101
112
101
101
108
104
89
101
102
103
105
106
107
101
102
103
105
106
107
106
107
108
110
111
112
102
103
104
106
107
108
102
103
104
106
107
108
113
114
115
117
118
102
103
104
109
110
111
113
105
106
107
90
91
U9
106
107
108
102
103
104
106
107
108
115
109
110
111
108
108
113
lOQ
109
120
109
109
11 n
112
110
121
110
109
114
IH
113
92
94
95
96
o8
:
Corporations and certain other business-type activities
Statements of financial condition (latest date Sept. 30, 1966)...
Income and expense (latest date June 30, 1966)
Source and application of funds (latest date June 30. 1966)
Participation certificates
111
111
119
119
:
113
116
100
121
II
<»»
Treas.
HJ
10
.A2
1967
C.2
U.S. Treasury Dept.
Treasury Bulletin
@FedFRASER