Full text of Treasury Bulletin : January 1946
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I
1
L
I
E-
R A RY
COPY No
LIBRARY
pfXlM 5030
JUN
9.
1
1972
TREASURY DEP^RT^AENT
TIREASURY.
EmiLETnN
W^^
JHNUflRV-ig4B
ROOM 5030
TREASURY
OiPARTNltHT^
UNITED STH TES TREHSURV DEPRRTMENT
OFFICE DF THE
SECRETRRV
Treasury Bulletin
Cumulative Table of Contents
leeuA and pag« nuDl)8r
ISUS
191*6
Dec.
Hot*
Oct.
Sept. iug.
July
June
May
^r«
Mar.
7ab
Artlol«»
Transition fron war to paaco and prosperity (speech by the Secretary of
the Treasury)
A-1-
War financing - eoae l:q)llcatlone for the future (^eech by Under
..•
Secretaxy of the Treasury)
1.1-
Procedxu-e -or redenptlon of United States e:cces8 profits tax refimd
>........(
bonds
Isssts and liabilities of all actlTe banka in the United StatesI
Doc. 31. 1939-June 30, 19^5
*-7i-15
Jlte.
iwi—
31, 193».Deo. 31, XSVt
Tlctory Loan Srlve, Octobez^Beeember 19H3
A-1
>
—
A-5
7th Var Loan, May-JUne 191)5:
Soles by Issues, by Investor classes, and by States.
1-1
—
*-l-
Outline of plans and conparlson of features of securities offered.
4-3
Security purchases outside var loans by conaerclal banks and by Treasuiy
InTestaent accounts:
7th Var Loan.
•
Federal OoTenusent eiq^endltures for the fiscal years
A-23
^6-
19^. 19^* and 19U6.
*-9
Statistics of locoaet
Taxable corporation iocome and excess profits tax returns for 19^3
(advenes tabulation)
—
i-l
i-5
Corporation incoae and taxable excess profits tax returns for 19^3
•.....'
(complete returns)
JtJS
Taxable individual and fiduciary Income tax returns, vlth net income
of $5,000 and over, for 19U3 (advance tabulation)
i^33A-'40
Individual and taxable fiduciary catums for 19U2 (coiaplete report).
Te<l«ral land
bajilc
1-6
'bonds.
A.6
A-25-
naanoiBl operations of the United Statee OoTermgent, fiscal yoor 19^3*
^^2
A-3-
InrailoQ currency
A.7
A^5-
Bank depoilts, geogr^hlc dlstrl'butlon on Decenlier 3^* 19^*-^^<
*-l9
Haturity of Adjusted service ^onds on June I3, 19U^
A.-1
Ihlted States anvlnee bondsi
Haturity of Series A bonds
^23
Bede::^tlon throtigh banks and additional financial Institutions.
Treavury market financing
•
U5-
,
t^
K-16
M
i^2
iUfi
V7
Summary of flaoal etatletloa
Budgetary receipts and eipendltures
PuMlc
detit
and eurx^nteed oMlgitiona outstanding.
Means of financing cneh requireaents
Reoglpte and expenditures and approprlatlona
Budgetary receipts and expencUt'Jires:
SuBBory by Dnjor cl:\Brificctions
Anj\lysie of receiptc frcn intemrl revenue. .*••
An>lyeip of ceneral e^endlturee
Analysis of scqjendituree for war aotlvltios.....
iaalyeis of expenditures for (l) revolving funds and (2) transfers to
trunt accounts, etc
•
Total budgetary receipts and ejgjendltureo. by months, for recent yeare
accounts, etc. receipts and expenditures,
•
5
5
1
^?
7
8
7
7
7
8
7
7
7
7
7
7
T
8-9
8-9
8-9
9-10
8-9
8-9
8-9
8-9
8-9
fr-9
8-9
Tmst
10
10
10 11-12
10
10
10
10
10
10
10
Means of finanrlng each rcqulronents.
11
11
11
13
u
u
11
u
11
11
11
12
13
13
12
13
13
12
13
13
12
13
13
lU
12
13
12
13
13
13
13
13
12
13
15
12
13
13
12
15
12
13
13
lit
lU
lU
lU
lU
lU
lU
16
16
16
lU
lU
lU
11*
ll*
lU
lu
It
lU
lU
lU
lU
lU
Social security progremt
Budgetarv receipts and expcmdituresl
Social Security Act
Sallraad Hotlrenent Act
Sallroad Uneaploymfint, Insurance Act
.....•....•,.,
„-•
Stoteoent of trust accountsi
V^doral Old^A^e and Survivors Insurance Trust Ttmd.^. •••.-•.•
Hallroad Betirasent Account..., •.,.,,. ••,«..
Unemployment Trust lund
•«••.••••.••»
,,.,
Appropriations end net contract aatborliatlons for the war activities proersm
,
Cash Incone and outgo of the Treaffuryt
Analysis by aajor classifications
Total cash incoce and outgo by months and calender years beginning
with Jarrunxy 191)0
,
,
,
lU
Ik
lU
lU
ll*
&
lU
12
13
13
13
lU
lU
lU
ll*
ll*
lU
15-16 15-16 15-16 15-16 17-18 15-16 15-16 15-16 15-16 15-16 15-16 15-16
17
17
.17
17
19
17
17
17
17
17
17
17
17
17
17
17
19
17
17
17
17
17
17
17
(Continued en following page)
.
'
Janaary
1^6
11
Cumulative Table of Contents - (Continued)
lime and pa^ maiber
l9>t£
Jan*
19lt5
Sw.
In.
Oot. 8«i>t.
lac.
J<>17
''on*
Nar
tffT.
Tet
Mar.
Qanaral Fund of th« Tr«a«ury
iaiata, llabllltlaa, and fealassa Is Oanaral Tuad.
laalyali of oliai«*a In talaaoa of Otoaral taut..,.
19
20
Publio debt and guaranteed obllgatlone of United Statea Oovernment
P\Allc debt and goaranteed oblifatlonai
Datallad stataBSit
riieal yaara. IJjS-lSlQ
Monthly data
Chart
2V2U
23-2U
^Is'
'^%
25-26
26-27
214-2"
28
2E
%%
2V2'*
2li-25
25-2'» 2V2'*
2l*-25 2U-25
^%
26
26
Pohllo dahti
lananoe and retirement (reoelpta and e3q)endltnreB)
Intereet-bearlac deht, oo^waltlan of
Onaraateed
22
22
21*
2l*
oMl^tlona held hj Treaeoiy
27
8tatutoT7 lljaltatlon on the piihlle debt - oondltlon, ae of:
December 3I, I9IA
Xaroh 13. 191*5
Jane 30, 19U5
Jnly 31, 19I15
28
30
iii«Q.t 31. 19i*5
28
Septanber 30, 19U5
Ootober 31 , 191*5
fcrember 30, 19l*5
as
28
Coqiuted Intereat oharge and coiqputed Intereat rate
27
Naturitr •ehadole of Intereit-bearlag pnhlio aaiketable aacnrltlee leened
or gnartnteed bj the TInlted Statea
Offerli^e of aarketable laeoaa of Treaanrj bonde. nates, snd-eertlflaataa
of ladebtedneae
XHepoaltlon of natnred marlcetable laeoaa of Treasozy bonde, aetea,
certlfloatea of Indelbtedneea
27
27
27
29
27
27
27
27
29-31 29-31 29-31 29-31 31^33 a9-3i 28-30 28-30 29-31
32
32
3H
32
32
33
33
35
33
32
3^^-35 3^^-35
36-37
3M5
3>3U
32
Jl
31
32
32
33
27
27
27
a-30 a-30
29-31
31
32
32
33
md
Off erlage tod aatnTltlea of TreeMory bllla
TAilted States sarlags bonds:
Scmmiary of sales «id redactions, by series
Sales by series, classified by denominations
Sales to InTsstors other than coosnerolal banke by series* olassified
by States.
Natxuritles and redeqptiona of Series k-H and I oonblaed, by States...
Payroll saTln^s plsms
Treasury notes - tax and aarli^a series:
Boamary of aales and redei^tlona, by series
Sales, olassified by:
Denoalnation
tY^9 of puiohaser
33
33
3't-35
3M5
32
35-31* 3't-35 33-3'* 33-3U 3'*-35
3&-37 36-37 3&-37 36-37 38-39 36-37 35-36 35-36 36-37 35-36 35-36 36-37
38
38
38
38
38
37
38
37
37
37
t
V
39.J40
39JW 39-to 39-to
la
la
la
1*1-1*2 39-110
39-Uo
1*1
Ul
la
12
iiaJ*3 itaJ*3 1*3-1»3 itaJ*3
10*
141*
l*U
10*
uu
111*
w*
i*i)-i*5
1*2
la
1(2-1*3 1*1-1(2
Ul
U2
39-'iO
Ul
Ul
U2
Ul
U1-U2 U3J*3 Ui-Ue U1-U2 U3-U3
1)6
M*
1*6
111*
'*3
!*3
"•3
U5
U5
uu
UU
UU
UU
UU
^2
Ul*
"•3
'•3
1*5
>*5
UU
UU
UU
UU
Ikilted States saTli^s staisps:
Smiaaiy of sales and reds^>tions
Sales, olasslflsd by denoainatloa
1*5
U5
"•5
UU
1*5
Ownerehlp of United Statee SoYernment aeourltlea
Soooaiy distribution, by holders
U7
Xstlmated ovnerohlp by rarlous classes of bank end noiy-bank iurestora
U8
Market transactions in Qovemaent securities for Treasury inreetaent
accounta, monthly beginning January 1937
U7
U7
Treasury Soi^ey of Oenerahlp of United States doTemment securities (Teder«a
land bank bonds included coaBeodng January 31* 19^^):
Ownership by banks and insurance oon^anlesi
September 30, 19I4* rerlslons
,.*
oTember
30,
December 31
Jamaiy
53
U9-52
,
19I1I*,
1<
U8-51
,
3I, 19<
Tebruaiy 28, I9I
March 31 , 19I15
iprll 30, 191*5
May 51, I9M5
June 30, 191*5
July 31, 191*5
inguat 31, 191)5
September 30, 19U5
Ootober 31. 191*5
US
U8-5a
'•9-53
Ue.52
.'.
U8-52
•e-ss
,
51-55
,
"9-53
,
'e-53
t9-53
'•9-53
Ovnershlp by Tarious claases of Tederdl Beserve member snd nonmember
commercial banks:
December 31, 19I4I*
June 30, I9U5
September 30, 191*5
5a-55
56-60
5V58
(Continued on following pege)
Treasury Bulletin
Ill
Cumulative Table of Contents - (Continued)
lesue and
pa^
i9>te
Jan.
Prloea and ylaHe of OoTamnent geouritlei
Igguad by Federal agenolaa)
(
oomtier
IS")?
Dec.
BoT.
Oct.
Sflpt*
ing.
July
June
Hi^
Apr.
Mar.
?eb
Inoluaing eourltlae
Oni^the-coucter cloaiii£ quotations and prlea hlatorx for ptibllo markeiable securltlae lesuad by the U. S. OoTWOMEt and by federal aeanolael
December 31 191A
55-57
.
Januaiy 3I, 13m
yebruary 28, 19U5
March Jl, 19U5
iprll 30, 19U5
Hay 31. 19"^
Jcme 30, 19U5
July 31, 19U5
Aii«a<t 31. 19U5
September 29. I9U5
October 31, I9I15
BoTBuiber 30. 19^5
Chart ahowlD^ yield etrusture of Treaeuzy bonds and notes*
iTerage yields of lon^ter* Treasury bonds ana higb-grade corporate boBdat
Tiaids beginning ulth 1937
Chart
57-59
511-56
55-57
5U.56
5U-56
55-57
62-6U
5^57
55-57
60-62
5^57
58
5«
58
59
60
Oorporatlont and pertain other agenoiea of the U. 8. Oovemagnt
Assets, liabilities, and ce^ital:
Sscamber ;l 19V(
Sit- 68
,
March Jl
,
61.
19145
61*-68
June 30, 19U5
72-76
September 30. I9U5
67.
71-75
Loans outstanding, classified by type of loan:
March Jl I9I15
June 30, 191*5
September 30, 19I15
Income and e^^enssl
Mscal year 19U5
first three months, fiscal year IjUfi
Sources and education of fundsi
Tlret six nonths, fiscal year 19l*5
Tirst nine months, fiscal year 19%
Mscal year 19I15
First three months, fiscal year 19U6
62-63
,
70-71
6g-7D
62-67
6a^7
61-65
69-7U
68-75
6S.73
Internal revenue etatletiee
OollectiouB of internal reTasoei
Sunnary data.
•
Chart
Comparative detalle for current periodB<
62
62
61
62
78
76
70
77
6S
71
78
63
63
63
77
79
79-80 6i*-65 \rhT8 80-81 6I1-65 78-79 ;3-6U 6lt-65 69-70 ra-73 65-66
P
77-78
Monetary statletloB
Balance eheet of the ftcohange Stabilisation fund]
September 30, MW»
December Jl, igUh
March 3I, I9U5
June 30, 19l»5
Oold assets and liabilities of the Treasozy
,
Increment from zvduction in vel^t of gold dollar, cusralative tos
December 3I, 19l4b
March 31, 1*5
June 30, 19115
September 30, I9U5
Treasury gold reoslpta, for reoent iinarterly periods
Monetary stocks of gold and silver*.
•
Cd^onents of silver monetary stock
Silver production In the United States and silver aoquloition by mints
and assay offices
,
•
«
Seigniorage on silver, by types
•••*..,•.*.*
Money in oironlatlon
•.*
68-69
67-68
67-68
80
82
67-68
69
83
69
a.
66
69
72
75
70
TO
69
69
69
83
70
71
n
82
72
73
Capital movemente between the United Btatea and foreig n oountrla*
Discussion of composition of statistics
Suzomaxy of net oepitsl movement since 1935
Svttasary by oountrles. January 19U3-July 191*5
Details!
May 191*5
June 191*5
July 191*5
Position In foreign cuxreaoiea
Note:
7'i-75
•
86-102
,
87
76
88-IOI1
77-93
82
85
83
71*
77
9M6
,
105.107
•.
,
loj-105
10&-113 I0841U 97-J02
In thoee tablee where flguree have been rounded to a epeolfled unit, all oaloulatlone (Including percentage calculations)
have been made from unrounded figures.
Therefore, details will not neoeaearily add to the totals shown.
72
1^6
Janaary
A-l
Transition from War to Peace and Prosperity
The following address was dellTsred by Socretaiy Hnson tefope
the
State Chamber of Comneroe and the ladlaaa tax Waaace Committee
at
epolls, Indiaaa oa HoTonher 27, I9U3.
are nearlng the end of our last
V/e
Drive.
Throughout
the
Nation
War Bond
Victory Loan
the
has gone well.
Indiana has done a good
loans, particularly
and
the
on
workers;
sale
and
all
the
on
of
Job during the
payroll
extra bonds
indications
war
savings plan
industrial
to
are
that
she
is
Indiana
Indlaa-
young and vigorous way of life, victory does not
mean relaxation.
It is in itself the greatest
challenge of all; and to the United States, victory In this war must be taken as a challenge and
as an opportunity to advance to new standards of
achievement and to show, both to ourselves and to
the world, the accomplishments of which our
system of free enterprise Is capable.
going to repeat in the Victory Loan.
I
am especially glad,
therefore,
to come to
and participate in the Victory Loan
campaign at the invitation of Mr. Eugene Pulllaffl,
Chairman of the Indiana State War Finance Committee.
Mr. Pulllam has served as the Chairman of
Indianapolis
Committee
the
since its inception, and before
State Chairman of the War Savings
He, like Indiana, has done a good Job.
that he was
Staff.
The war has taught
about our own economy.
has shown us that, when
us two
In the
Important
first
things
place, it
the people and the OovUnited States want to do a thing
and consider it of sufficient importance that It
be done, the whole resources of the country can
be mobilized for its accompli shment If we have
enough time.
This was the case with the war.
Winning the war was rightfully considered to be
emment
of the
all-important.
Success in the Victory Loan is a significant
contribution to our Nation's conversion from the
ways of war to the ways of peace.
In turn, a
speedy reconversion aids in laying the foundation
for an invigorated, expansive economy so essenlong pull.
A successful Victory
Loan, moreover, helps not only In the immediate
reconversion period, but also in that later
peacetime economy.
The full importance of the
Victory Loan,
therefore,
cannot be appreciated
for
tial
the
without understanding its proper place
whole of our country's economy.
In
the
We have Just won a long and a hard war.
In
that war was won such a short time ago, it
truth,
Is
Btlll
difficult
is not what can
can I do
I
realize that the question
to
do for the war effort, but what
for prosperity
and peace.
In winning
be thankful that once again fortune allowed us to
borrow some time, although the grace period was
scarcely sufficient.
One of the tangible evidences of our total
mobilization was what happened In the labor market.
There were more Jobs than people seeking
work.
This was not only an evidence of our
waging total war, but was a very desirable con-
dition for our people.
We saw what full employment can do to alleviate suffering.
We saw what
full employment can do by way of increasing purchasing power, and how people with Jobs can "eat
up" most of our so-called surpluses.
we
met a challenge to our way of life.
We have turned that challenge aside and utterly
the war,
So we did out best to call
into
every human and material resource which
the country had at its command, and to put it to
use either directly for the war effort or for the
maintenance of the civilian economy.
And we may
service
defeated our enemies upon the field of battle.
We have done this at a great
nomic cost.
It would be easy to
human
seize a victory
so dearly won as an opportunity to relax,
upon our laurels,
and
and ecoto rest
to return to the old ways.
This Is the way in which foreign victories are
treated by old and declining countries, with old
and declining ways of life.
But to a young country,
suoh as ours, with a
The
second thing which the war has taught us
economy is Its tremendous produc-
about our own
tivity.
Our gross national product increased
from $S9 billion in I939 to I199 billion in 1944.
Some of this, of course, represented an increase
In prices; but the product of the country, expressed In real terms, increased by about 75^.
We
must
now possess the Intelligence, inand purpose to apply these primary lessons of the war to our peacetime economy.
These
lessons simply are that our economy under the
dustry,
Treasury Bulletin
A-2
free enterprise system has a tremendous potential
productivity and that this productivity can be
realized when we are of a mind to do It.
During the peak of our economic mobilization
for war, nearly half of our resources wer« being
applied to the single task of achieving victory.
During the fiscal year 19'<-5. th« United States
spent $91 billion for war purposes,
great was the increase In our aggregate
production, that our civilian population enjoyed
of
a higher and more widely diffused standard
Oovermnent
yet,
so
living than ever before
In
history of the
the
pear in time of peace, must be placed the possibilities of applying to peacetime production the
new techniques which have been devised and the
fundamental scientific developments which have
occurred during the war period.
The differences between
and peace-
wartime
conditions of production are many and complex, but they must not be allowed to obscure the
basic fact that our economy can produce proditime
giously either In war or In peace.
realize this potential today, It
that we Integrate
our
and
social
order to
necessary
In
Is
economic poli-
cies so that they converge on the goal of a hl^
level of production, employment, and national In-
country.
Most of the nearly half of our resources,
which were so recently devoted to the single purpose of waging war, are now being returned to the
The return of
service of peacetime Industry.
these resources to civilian production can and
should mean that the people of the United States
have an opportunity to enjoy a mudi higher standard of living than ever before.
come, Just as during the war we Integrated all
our policies to converge on the goal of victory.
The
policies which must be Integrated to
converge on this goal Include those relating to
taxation;
curity;
tion;
should not expect
cannot and
we
Of course,
to maintain under peacetime conditions all of the
production was Increased during
Part of the Increase In our production
the war.
during the war perlcd was due to drawing Into the
labor force students who, under normal conditions,
would be In our schools and colleges; housewives
methods by
vrtilch
small
business;
competition;
management, and wages; foreign trade;
on
agriculture;
labor,
social
and fiscal policy.
I cannot hope to touch
of these here; and I shall comment only
all
upon taxes and the public debt, two
ticularly under my Jurisdiction as
the Treasury.
The modernization
my opinion.
Is
tax
our
of
matters parSecretary of
structure, In
the foundation of our entire pro-
who, under normal conditions, would be tending to
their homes; and old people who, under normal
gram for maintaining full production and
ployment In the postwar period.
Another part of
conditions, would have retired.
our Increased production was due to overtime work
and to the p.peclal Intensity of effort which Is
Is a significant step In the right direction.
appropriate
only
to
a
Another
overdrafts on our natu-
wartime period.
part was due, perhaps, to
ral resources.
The Revenue Act of 19'*5.
First,
—
peacetime economy;
for
they can be obtained only
—
such as health,
sacrifice of values
which are more Imporeducation, and home life
at the
—
under normal conditions, than the Increase
In physical product which llielr sacrifice would
make possible.
tant,
On
the
opposite
side
of
the
ledger
the
uct during the war years,
which will
but
from
national prod-
those methods rtilch Increased
disap-
flill em-
approved this month.
It
does two things of the utmost Importance.
It
repeals
the
This puts business planning
These sources of Increased productivity were
when we were buying
necessary during the war
time and trying to compress the greatest possible
product Into the shortest period In order to
bring an overwhelming force to bear on the enemy.
however, In a
Such sources are out of place,
se-
public works and construc-
tive on a peacetime basis
for
businessmen
to
excess profits
tax.
and business Initia-
and
makes
plan programs
it
of
possible
expansion
with more confidence.
It makes it more worthwhile for businessmen to seek economies of operation,
and so paves the way for lower prices.
is also important that
It
removal of the excess
possible for small busithe
profits tax makes it
nesses to grow on a basis of competitive equality
with old established enterprises with liberal excess profits credits.
Second, the Revenue Act of 19*^5 has stricken
from the Income tax rolls millions of taxpayers
whose Incomes in relation to their family respon-
sibilities
Justified
stress of great
taxation
national
only
emergency.
under
These
the
per-
Janaary
1^6
A-3
8onB were on the tax rolls solely because the
misnamed "normal" tax allowed no exemptions whatsoever for dependents. Under the new Revenue Act,
we now take account
of dependency for the entire
Individual Income tax, both nonnal tax and surtax
we have taken a major step toward
In this,
streamlining the Income tax so that It will re-
flect true ability to pay.
As It becomes possible to revise our tax
system further, we should keep In mind the twin
objectives of encouraging business enterprise and
—
promoting mass consumption
which Is, In Itself,
the most Important encouragement which business
enterprise can have.
the
funds necessary to carry the Government
through the demobilization period.
It Is necessary to raise the money to bring the bulk of the
armed forces home, to demobilize them, to provide
them with necessary hospitalization, to furnish
their musterlng-out pay, and to meet our obligations under the O.I. Bill of Rl^ts. It Is necessary to settle the war contracts and to place the
economy on a peacetime basis.
And, finally,
it
Is necessary to maintain occupation forces In the
enemy countries for as long as may be necessary
to finish the Job which we have urdertaken; we
must
not
abandon
the
Victory
that
we so dearly
won.
Oovemment
reconversion of our physical facilities to peacetime production Is carried nearer to
completion and the demobilisation of the armed
As
the
forces adds more men to the laibor force, we may
expect to see consumers' goods become more plenAs this occurs, It will become more and
tiful.
more desirable to remove Impediments to mass consumption, as well as mass production. llAder those
conditions It will be more Important than ever to
what I have believed In for a long time, a
expenditures are being reduced
rapidly as Is consistent with getting
these things done.
In July, the total expenditures of the Government amounted to IS.5 billion;
In October, they were under $6 billion; and they
will continue to fall at a rapid rate for the remainder of the fiscal year.
But,
despite the
Just
as
rate of decline in Government expenditures,
the
money from the Victory Loan Is necessary to finish the Job; and I know that we can count on It.
have,
thorough modernization of our tax structure.
For the present and Immediate future, our
problem Is not the provision of adequate markets
for consumers' goods.
Our problem is rather that
of expediting the production of these goods and
holding back the expenditure of our surplus purchasing power.
Our reserve of purchasing power
should be used to provide Jobs and markets tomorrow,
rather
than wasting Itself In driving up
prices today.
The second objective of the Victory Loan Is
to draw surplus purchasing power off the market
for consumers' goods and services and to dam It
up until we have goods and services to match It.
In achieving this objective, the Individual goal
of $4 billion Is of even greater
the total goal of $11 billion.
Is
no contradiction between
this
and
what I have Just said about creating larger markets later on,
for flexibility must be the keynote of all sound policy.
There Is also no contradiction between this objective and the Revenue
Act which we have Just passed,
for
the basic ob-
jective of that Act Is to encourage a rapid reconversion with Its Increased civilian production
and so help to redress the current unbalance between supply and demand.
This Revenue Act, then.
Is
primarily a reconversion measure.
The
Victory Loan
Is
also
an Important step
than
Individual ability to subscribe varies with
faally responsibilities and many other factors;
but I am sure that the people of the United
States,
There
Importance
as a whole,
can equal and exceed this
they will make a major coneasing our problems of transition
In doing so,
goal.
tribution
to
from a wartime to a peacetime economy.
With the end of the Victory Loan, we shall
have concluded the era of war finance, and will
have entered Into that of transition and postwar
debt management.
tering
this
I believe that we will be enperiod with the debt In such shape
that It can play Its part In the flexible fiscal
policy which will be necessary to maintain full
production and full employment In the postwar
period.
on our path from wartime to peacetime prosperity.
As you know.
It Is designed to do two tilings; and
these two things are complementary to one another.
In the first place.
It
Is
designed to raise
The
Interest
burden or
carrying charge on
ability of the economy to bear; but It Is large and It should serve
as a constant reminder to us that the burden of
the debt Is well within the
Treasury Bulletin
A-h
the debt will be far greater If we permit our naIt ahould be remembered
tional Income to fall.
also that the burden would be much greater If the
level of Interest rates were only slightly higher.
A policy of low Interest rates clearly benefits the taxpayer by making possible a lower
conselevel of Government expenditures and,
would
taxation
than
of
level
quently, a lower
More Important, low Inotherwise be possible.
force In the
stimulating
be
a
terest rates will
make
It possible
they
will
economy generally, as
for the home-buyer to get more house value for
for State and
each dollar of monthly payment;
and more hosmore
schools
get
to
local taxpayers
pitals for their tax dollars; and for Industrial
concerns and public utility companies to get more
plant for every dollar of their fixed charges.
that I have Juet scratched
to you today how we can
Indicating
the surface In
policies so that
economic
concert our social and
of
full production.
the
goal
converge
on
they will
I
am
conscious
and the public debt
Including the
matters
lightly, and upon other
competition,
soand
monoply
Imcortant fields of
I
have
touched upon
taxes
—
—
not at all.
cial security, and foreign trade
All of these must play their part In building the
economy of tomorrow.
Weaving together all of these policies Into
will require a great deal of
And these are not all of the many
hard work.
Not only do we have the problems
problems ahead.
of finding and carrying out the ways and means to
full production, full employment, and high national Income, but also we have numerous political and economic problems among all of the nations of the world, the resolution of which Is
essential to a lasting, prosperous peace.
a consistent fabric
Under
the
drama of war
—
labor. Industry
and agriculture pulled together In unity and In
Under the drama of war
all of the
strength.
United Nations fought together In unity and In
strength.
Now that drama Is gone. But still we
—
must have some cohesive catalyst to live together
In unity and In peace.
can
come
fi^m the
That cohesion and unity
courage, and purpose
faith,
within the breast of every man throughout
world, whatever his place or station may be.
the
Janaary
1^46
*-5
Treasury Market Financing: November Refunding
Rlitorleal detail* of Treasury market financing operation* Involrlng bool*,
note*, and certificate* of Indettedne**, beginning vltb the "iri Var Loan,
are published in the tables on pages 32 and 33' Detail* of veekljr Treaaurjr
bill offering* are *hown on page* 3'^ and 33-
On November 19,
19'*-5
Secretary
Vinson an-
nounced the offering of an Issue of 11-month 7/8ft
certificates of Indebtedness In exchange for
Cash subthree securities maturing In December.
flcrlptlons were not accepted.
Maturing issues
The details of the maturing Issues, which In
the aggregate
were
outstanding in
the amount of
15-1/2 billion, are shown In the following table.
Maturing
Issue
6
A-
The distribution
of
accepted exchanges
shown In the following table:
le
Treasury Bulletin
Janaary
1^6
SUMMARY
OF
FISCAL
STATISTICS
Treasury Bulletin
Budgetary Receipts and Expenditures
January
1^46
Public Debt and Guaranteed Obligations Outstanding
Treasury Bulletin
AND EXPENDITURES
AND
APPRO PRI AT IONS
RECEIPTS
I
... .
.
Janmry 1^46
Budgetary Receipts and Expenditures
Table 1.- Sunmary by Major Classifications
(Id allllona of dollari)
Receipt!
Eq)endi tares 1/
Orote receipts
71>cml year
or nonth
Total
receipts
Internal
revenue
Cuttome
Other
-ecelpte
teat net
qppropro—
atlom to
federal
Old-i^e and
SurrlTore
Invuranee
Truet Taud
Net
receipt
Total
ej^endltnres
General
War
actlTitlei
Tranifert
to trust
aceoTintt,
etc.
B«t
1>ud^taT7
d«flclt
Public
a<i>t
ratlr*mentt
1/
5/
i/
^
1936
1937
1938
1939
U.I16
3.513
5.291*
't.597
6.2UZ
5.67'.
19110
igiti
5.925
8.269
13.66g
23.385
5.161
5.303
7.362
12.99?
22.11W
19U2
igus
191A
19U5
19Vt-So'niii1ieT.
DeceolMr..
19't5- J«nj«i7-
•
•
March
ilppll
HW
Jtett
Jaly
ingaet
.
. .
S«pt«mber.
Oetobar.
Source;
!^
I
2/
no
359
319
31*9
392
389
285 2/
916 i/nj
3.292 nj
3. "183 11/
1*1.685
13.902
355
2,506
5.UI8
2,300
U.9U5
27
29
178
3.5«7
3.987
6,908
3,0>iz
36
23
33
509
ito
2.967
3.398
5.916
2.7U6
2,921
5.38U
2.75^
3.281
5.192
6, 1131
W
661
869
5152/
lt7,7l)0
3,815
265
387
503
208
188
273 2/
1^,1108
2,581
2.609
.
216
,283
'16.U57
100.I105
265
2
2.2I1O
5.>ll6
7.828
8.la6
15
?6
2,929
3.085
2.695
2.997
5.189
U98
2.527
2.8U9
33
32
195
59
iioo
ll,glt7
30
315
283
2
2.3'iO
36
35
205
191
52
235
Dally Traaaory Statsnants.
Less than $900,000.
Szcludes amonnte for public debt ratireoMBt idiiob are ohargeable to
the slulcioe fund, etc. under spaolal prorisious of lav.
Tor fxirthar details, see Table 2.
Tot explanation see tables which follow a&tltlad "Social Seourltj'
Program".
For further details, see Table V
Tor farther details, see Table 4.
Tor further details, see Table 9*
Total azpaadituree leas net raoaipts.
Represents expenditures for public debt retiremeate lAiah are chargeable to the slnklag fond, etc, under special prorisious of law.
Includes raeoTariae of U. S. InTtetaanta la o^ital fauds.
ffoob ra-
900
929
1.029
1.206
1.657
6.301
26,011
72.109
87.039
90,029
1,820
'1.550
103
608
3.1S?
10>t
225
187
232
1.38'!
3.5't2
65
58
129
331
381
135
556
3.611
5.103
19.598
55.897
19.595
1.6U6
53.9118
>109
7.>tai
891
7.503
18
22
5.587
2,999
5.9'»6
6.6I1I
5.985
7.313
7.109
6,079 12/
6,005
5.635
6.1U9
8,730
8,202
3.556
3,767
6,«92
39
313
2
33
2.383
m
UU,lli9
31
188
12.
32.397
78,179
93.7Wt
.,103
.,260
UliU
8.666
8.177
7.239
8.707
8.998
U,ll6
5.029
5.855
5.165
5.387
7.607
12.799
22.282
5.91'i
^63
1,1U2
7.968
9.275
9.61a
59U
822
8. 156
l.>i69
7.837
TOU
7.32'»
79'»
6,398
5,365
3"*
38
w
95
3
U.6115
%
7.'i«0
9.'t33
8.557
611
3.693
2,5W
8,2li6
1.212
2.530
789
5.12>>
2.37'»
"•31
Il,22>»
5.0I10
236
296
335
7,13?
6,190
3.727
5,862
3,>I20
2,282
coTsrias totaled $5U aUlloB in tha fiaoal year 19I1O; $319 million
In tha fiscal year 19UI; $18 million in tha fiaoal 7«er 19^2; and
tie Billion in the fiaoal rear 1^3Raoaipts from radnotions in oqpltal stock and paid-in suzplua
aTailable to be reissued toider existing law are included as n^atira ItiBs undar axpanditurea. 9Qoh raduotlons totaled I515 all-
ip/
lion.
Znoludes depoaits rasrflting from the renegotiation of war eoiytraots.
Znfomation on the anount of aooh d^>oalta la not aTailOa tha baala of
able on tha baala of I^ily traaauvjr StatsBanta.
ooTorlng varranta, each deposits ware as follow*: fitoal jvar
Billion;
fiacal
alUlon:
/ear
1$UU.
»a& fiaoal
19^3* 15^
$2,235
rear 1$^^. $2.0la aUllon. Thsae fi^uraa inelnda ao-oallad toI-
11/
untaxy returns.
Table 2.- Analysis of Receipts from Internal Revenue 1/
(In allliona of dollars)
fttplOTnent taz««
Income and profit* taxes
Tiscal year
or month
Social lecurlty taxa. kf
Withheld by
eiqployers (Current
Total
Total
Tax Payment
Act of 19U3)
Other
?aderal Inauranca
CoatrlbutloBt Act
(Old-aca
Inauranca)
1/
2/
1936
1937
1938
1939
3.513
1,1127
1.^127
11,597
2.163
2.163
253
191*
2.6110
2.6110
Sl^*
2,189
2.125
3.t70
7.960
2.189
2.125
755
7«0
7.960
833
925
1,186
60U
19Ms
5.67U
5,161
5.303
7.362
12.993
19'i3
22,llllt
16.091*
1,1*98
I9lil»
11,685
13.902
16.091*
3^t.655
26.262
35.173
1,739
1.780
2.300
1.501
i.9'l5
*.3»*7
3.0lt2
2,1*22
3.8I5
6.H3I
2,922
5,818
19iio
191*1
I9'i5
19lll«-IaTaa1>er.
Dacaabar.
•
19115-Jaimary. .
Taltruazy..
Kardi
i^rll
Kay
June
2,7116
Jnljr
2,527
io^uat....
Saptanbar.
2,8ll9
U,8l»7
October.
2,921
5.38U
267
11
3,606
I*
267
285
ll*
55
b.9^*9
507
539
10
4
573
552
520
600
1.282
826
1.567
"5
Ul
316
53i*
3.930
5
3
12
2
1
7>I5
.757
9
60
1,7U3
1,665
*,208
669
1,200
768
1.073
3
12
2
59
718
877
573
572
1,076
1,021
1
8
689
602
1,593
1,521*
I166
66
306
62
286
3,^ili0
1*1*9
5
58
257
Treaaury Stateaeata.
I«SB than $500,000.
Tor further detalla. aea chapter entitled "Intanal Rerenua Statlatioa*.
Xzcludaa receipt of rlctory taxes withheld purauant to tbe BaTwaua
Act of 191*2.
Such receipt a haTe hean olaaalflad aa 'Othar' liUMoe
and profits taxea.
5>*
3
238
10
V
V/
1
8
77
553
5,291
18
2,167
2,027
tazaa
I*.
93
1
adjTiatoant
2,967
3,8U7
i
1)8
A^rloultural
2,3%
33
222
2.3I1O
llally
109
121
137
170
2B9
2,010
2,181
2,279
2,232
3^*l
2.383
*
I166
2lt,88l*
150
Mlacallanaoua
Internal
revenue
1,803
1,627
U.935
.
1/
2/
896
1.130
1.292
1.310
691
Carrlara' Taxloc
let of 1937
(Sallroad
retirement)
619
1.295
883
loTflDbar.
Source:
58
90
101
108
98
120
158
180
185
3.1*70
8,393
10,289
Tadaral Una^loyant Tax Act
(Uaei^loTnant
Inauranca)
Inoludea unjuat enrlebaeat tax.
tha period prior to Septmbar 1939. tbe data is the oalums
entitled 'Tadaral Inauranca Contributiosa Act* and 'Tadaral tlnaa
plaTBeot Tax ^t" raprasant eollaotlena under Tltlea Till and DC,
raapaotlTalj, of the Social Security Aot.
Iter
.
..
Treasury Bulletin
Budgetary Receipts and Expenditures
-
(Continued)
Table 3.- Analysis of General Expendl tures 1^
(In Millloat oi dollars)
7«t«rmna' idalnistratlon.
intareat oo pxiblio da^t. and
refunds of taxes and duties
Tlioal j*»x
or aontb
Total
e«narml
«2p«ndIturaa
Total
Tetarasa'
Adsiniat rat Ion
2/2/
Interest
on tha
putlle
debt
other general eipanditurea
Bafonda
of
tazaa
and
datlea
Aid
to
Total
agricttltnxe
2/5/
i/
1936
1937
1938
1939
6,eui
5.985
7.313
7.109
19'io
19U1
i9ie
19^3
6.079
6,005
5.6w
igw
6,lU9
«.730
19U5
19l4U-IoTso)>ar.
Seoeabar..
igltS-January
.
Yebruaiy.
March
^rU
1)09
891
1.381
1.503
1.567
1,56U
1.687
578
581
582
557
55r
1.751
1,906
2,U56
3.500
6,258
553
555
572
257
729
1.5'»lr
1.111
87
••57
91
76
U.32711/
U.099
3.178
2.6U9
2,U7212/
8l»7
1.2fi0
1,098
1,093
912
515
581
369
78
75
85
191
322
9U7
100
156
628
23"*
85
139
66
1,009
IU5
181
156
266
3U7
6U7
301
172
82
56
556
1.060
103
110
112
Octobar. ..
SDvambor.
7«9
U31
387
281
ite
.
5.>)21
i.De
TOU
79U
1.212
.
i.oia
128
95
3«pt«ab«r.
.
1.22gr
560
369
As^st
9nr
]l
1.319
Jtfly
933
31*2
8l«
Dally TrQaaQr7 St&tementa.
Tot monthly data for the period Jul/ l$4l throo^ JaJj 19^.
Back Tlgiireai
eee "beasoiy Solletln" for Septenber 19^^, P«e«s 6 a&A 7.
fierlaed to adjust cXaaalfloatlon.
r
•
Leea than $^.000.
1/ Oeneral expendltorea now Include expendlturea for rerolTln^ fnnda;
back flguraa haire been revlaed accordingly.
Includea public vorka undertaken by the Teterane' Administration.
Qoea not Include transfers to troat accounta. etc. These are
shown in Table ^,
"Befunda of taxaa" Include aaounta transferred to public debt aocounts to corer iaauanoe of ezceaa profits tax refund bonde and
exclude refnnda of taxee under the Social security program. Ex*
ceaa profits tax refund bonds vere formerly laaued to corporatlone entitling them to a poat-war credit equal to lOjd of the axceaa profits tax paid. The Tax Adjuatment Act of 19U5 reduced by
lOjC the amount of excess profits tax to be paid and abollehed tha
poat-^ar credit. Tor amounts of excess profits tax refund bonds
laaned, see the firet table In chapter entitled Public Debt and
Ooaranteed Obligatione of the United Statea OoTsmment*. Outstanding exceas profits tax refUnd bonds may be redeemed at the option
of the holder commencing Janoary 1. 19^> when such redamptlone
oootir. they will i^tpear aa retirements of public dabte
5/ Oonsiata of Admlnlatratlon of Sugar Act of 1937. A^looltural AdJustment Agesicy. exportation and domestic eonaumptlon of agricultural commodities, Tarm Credit Administration. Dan Security Administration, federal 7arm Mortgage Corporation, Federal land banks.
Bural Saactrlfication Administration. Soil Conaerratlon and Extenaion Serrlee, Department of Agriculture departmental e^>endltures,
and other.
6/ Includea railroad retirement and railroad unemploTment actlTltiea
and excludes expenditures made by Office for Iteergency Management,
8^
15U
162
ig
392
5lli
76312/
HO
33
213
51
l>t2
19l»
20
55
5^
32
37
118012/
16
177
239
152
as
1(02
150
Sonrcei
j/
8/
^
10/
u/
12/
13/
^/
aatal
not
othsivlaa
olasalfled
OlTlllan
ConaarTatlon
Coipa
i.ooar
9U9
and
work
relief
Mlseellaneona
10/
2/
U2U
no
i<81
51*
we
386
326
290
283
257
163
^
323
Dlreet
590
692
788
U
1.759
1.895
1.U76
2.2U2
1.573
20l»
I.37U
970
299
17
129
129
167
iia
185
138
la
66
101
10
8
8
67
6U
70
61
85
33812/
II49
1,02U
8OU
»33
20
27
225
1/
73pr
U.56>t
9ttl
PDblle
mifca
«/
5.136
U.U16
5.751
262
1.707
59U
822
AnM
2/6/
56
59
66
89
866
926
1.808
2.609
3.617
l.>t69
•tajr
SepartSocial
secnrity
procraa
9
11
33
>i6
J7
61
26
2l»
35
20
73
31
8
?7
61
68
66
i2/
12/
12/
12/
12/
2U
9
190 lU/
y
War Mazq>over Conolaslon (17. S. Ikployment Serrloe) under authority
of Social Security Act. IV>r farther details, aea tables which follow on the Social security program.
Includes public buildings, public hl^Br£qrs (including foraet roada
and trails), rlTor and harbor work md flood control, Tennessee 7al1^ Authority, federal Public Housing Authority (formerly U. 3.
Housing Authority), reclamation projecta and the Public Worka Administration. Zxeludes oertaln expendlturee for public worka In connection with war aotlvltlea by the federal Works Agency, beginning
July 19Ul.
Excludes expenditures for the U. S. Maritime Commission, departmental expenditorea tinder the Social aecurity program and tha Department of Apiculture departmental axx>endlture8.
For additional information, see 'Treaaury Bulletin" for August 19^»
page 6.
Includea ezpendlturea for the follovlngt Office of Education, and
Public Health Serrice of the federal Security Agency; Post Office
Department poatal deficiencies; federal Housing Administration;
Treasury Department inveateamta in Ibdaral aarlnga and loan associations; certain expenditures of the Pmma Canal; and capital atook
of the federal Deposit Insurance Corporation. Home Oimera' Loan Co^
poration, federal home loan banks, I&aaatar Loan Corporation, and
surplus property diapojAl.
Qroas expeuditurea hacre bean reduced $l6o million repareaentlng tha
repayment of capital fonda ly certain Tfeilted States OoTenment agenolea. for further details aea "Treaanxy Bulletin" for June 19U3.
page 9* footnote 12.
Includes $257 million for restoration of capital impairment of Coanodlty Credit Corporation applicable to flsoal years 19U3 and IS^h,
Classified aa mlsoellanaous axpandlturaa commencing July 1. 19^>
Includea $17^ million, Xi^ort-Xaport Sank of Vaahln^on - c^tal
ato^.
I
'
. .. .
•.
.
/^6
January
Budgetary Receipts and Expenditures
-
(Continued)
Table 4.- Analysis of Expenditures for War Activities
(In millions of dollara)
KlaceXlanaoua war actlTltlag
year
or month
iriecal
Total
War
NaTy
Depart- Dapartnaut
mant
Qttlted
Other war
Total
United
Hat lone
aetlTli^iouiWar
national Select iTe
nltoel7adaral Federal
LTeasury Statee
Aid Belief and
tiira
Shiptlee
Eoualflg
Serrlca
to
laneons Depart- Security Korka
Depart- Hart time
Rehabili- expendiigenoy (adalnl»pin*
war acment
Comml»China
Aeeooy A^anoy
tation
txiraa
tratlre)
Adnln.
nflnt
1/
tlTlties
•Ion
2/
383
378
529
-12
-6
1
lA
1.657
432
U90
667
892
99
6.301
26,011
72.109
87.039
90.029
3.678
1U.070
U2,265
U9,2te
50.337
2.313
8. 580
20.888
26,538
3O.OU7
310
3.362
8.955
19UU'5oTaBber.
D«c ember.
7.'t0l
3.978
8I45
7.503
I*.
191*
2,S77
2.U39
«70
U2
19l*5-Jairaary.
7.551
6.9HS
«.2U6
U,29U
3.866
U.68U
2.539
2.392
2.759
718
690
102
lU
»3
85
7.139
8,156
7.837
1*.U6
2.292
731
2.72'*
u;66U
2.289
July
August ....
Soptesosr
7,32U
6.398
5.365
Ik.
270
3.5U5
3.26U
2,261
1.659
October.
Noveober.
5.12'*
U.221*
2,976
2.552
1.590
1.239
1936.
19371938.
1939.
1910.
900
929
1,029
1.206
19U1.
igUz.
19*.
19U5.
7ebroaT7.
March
April.
May...
.
-12
-6
1
1
99
U5
62
69^
lU
z.ou
1.198
153
133
122
161
9
£2
215
18
33
2U
519
1.201
1.U32
132
1,105
1.922
200
2.01(2
ll(0
1^
IT
15
-s
Ik
118
I2U
298
512
152
183
6
180
-2U
8
137
9U
136
181*
5
9
17
12
Ik
228
259
166
189
68
U
n
8
21)6
901
885
«I
80
5
19
1
2
12
11
lOU
159
103
168
209
22D
60
60
793
703
IA3
89
58
12
195
161
199
70
12
18
8
13
19a.
3"*
U3
90
88
67
2.llt3
8
52
1,1(62
39
5
20
8
557
51
U
10
U
105
>»33
7it
2
7
-1
57
Daily Treasury Statement!.
Soorce:
Monthly figures for the period Joly 19^ throng Jkprll I9U3
Bacfc n^ures:
e^ipeared In the "Treaanry Bulletin* for May 19^3» P«€« 7•
lesa than $500,000.
1/ Incl Tides war public houalng fonctlona.
2/ Slallar Items for pariode prior to fiscal year 19U1 are claeaifled
under "Other d^artmsntal" and "Othelr general 6:q)eadltur«s'' in
9
2,n6
3.812
3.227
259
277
1(0
Teterani
Admljil^
tratlon
1/2/
1.773
557
19110.
1.820
6O8
225
187
232
I9ki..
331
10
1936.
19571938.
1939.
1
191(2
19lt3.
30
101
19W.
l.il
,126
Decenber
18
22
18
22
19l*5^an"*^.
69
U
19U5.
19l(l(-5aTeinber.
February.
1(8
March
*5
ttgli.1.
Itoy...
Jtme.
Jmy
Asgoat. ..
September
October.
HoTcnber
.
.
1.022
97
2
3
8
27
?T
1(2
71
162
US
15
15
58
178
150
ki
13
n
6a
99
Table 3* Includes var eipenditurea of Oomoerce, Jnatlee. InterloTt
Ztfbor. and State Dflpartments; CItII Service CoMaiaalon: KEeontlTe
Office of the President (inoludlng Office for bergancy ManageaOBt);
Panaaa Canall and cqjital etock of Smaller Var Plaate Corporation.
Includes Defense Aid Speolal ?nnd throng the fiscal year 19^3*
thereafter such ezpendltures are reflected vithin the reipectiTe
department s.
(In allllons at lollars)
Total
795
991
llU
9^
Table 5.- Analysis of Expenditures for Transfers to Trust Accounts, Etc.
Tlaoal year
or month
108
3«2
51
929
297
608
539
70
U.2W
2.1>I9
i|l»
Treasury Bulletin
Budgetary Receipts and Expenditures
-
(Continued)
Table 6.- Totals by Months, Beginning with 1936
(In mllllona of dollar*)
CalsndiLr r*mi
Jan.
f«%i
Mar.
*fr.
Hay
June
July
Hat budgetaiy racalpta l/
1936.
1937.
19)8.
1939.
19110.
191*1.
191*2.
19U3.
191*1*.
19U5.
228
23?
29"*
lag.
Sept
Sac.
t
Janoaay
1^6
BUDGETARY RECEIPTS AND EXPENDITURES
1940
1942
1941
1944
1943
1945
DOLLARS
DOLLARS
Billion*
Billions
JMMJSNJMMJSNJMMJSNJMMJSNJMMJSNJ
M
N
S
U
Budgetary Expenditures
I
/C
3 Month
Moving Average
kantmis
JMMJSNJMMJSNJMMJSNJMMJSNJMMJSNJMMJSN
7
6
5
4
3
Moving Average.
Ill
111!
2
II
Ml
I
ill
n
I
h40
»ir>*nirrtfl
JMMJSNJMMJSNJMMJSNJMMJSNJMMJSNJMMJSN
I
-I
I
I
I
I
I
I
I
1940
I
I
I
1
il
1
1941
I
I
I
1942
Offic« of the Sacratory of the Treasury, Oividon of Research and Statistics
I
I
I
il
I
1943
il
I
I
I
I
I
I
I
I
1944
I
I
I
I
h
I
I
I
I
1
I
I
I
I
I
I
1945
B-I6e-H
. .
.
,
Treasury Bulletin
10
Trust Accounts, Etc. Receipts and Expenditures
(In olllloni of dollar*)
Total traat
Ilacal 7«ar
or month
fund*, ate.
[net racelpta (+)
or net expend!
turea (-)j
federal Old-iee asd
SurrlTors laauraace
Truet Tosd
Saeaipt*
Bet
atlonal Serrle* Ufa
Xxpesditiarea
at
Inst
Xxpandlturat
Beealpt*
at
275
255
igito
136
1
1
3
19U1
-litg
10
191*2
19^3
-3.506
-1,861
19Ult
-l*,05l
6
191*5
+798
30
fggU
267
267
1*02
1*01
530
580
529
577
717
:i
1,190
1.363
1,U07
19
291*
763
838
959
751
837
957
l.llU
1,21*1*
+1
707
931
.185
.357
.377
91*0
19
1
U
+11
1*6
-1*
316
905
2,127
+11
+26
3i
320
893
2,102
Xxpendlturas
291*
12
1
I^ind
fieeelpta
-«5
1936
193T
1938
1939
Ballroad
Batlranast ikeeotmt
UneoplOTuent
Inaoranca ftind
1,399
1,567
1.508
Bat
Baealpta
2
Izpanditorea
lUg
109
123
1U6
107
125
1,118
127
116
1.21*3
1,1*04
ll*l*
11*1*
1*
1,561*
-2
221
273
217
275
323
1,508
+2
-2
1
32i*
t
19Ul|-!fovanber..
Doceatier.
+639
-193
+21(6
265
-305
5
19l*5-JaimaP7.
+238
+10X
+262
29
+aoo
-200
36
220
23
9
17
*68G
-1.050
+290
-30s
-116
-50
-95
-3S6
Pebnaary.
March
April
May
June
July
,
Au^^ost
.
.
.
.
September.
19
309
*^
59
283
+260
u
97
99
19
U2
223
-7
128
132
22
51
281*
ia5
71*
-101
1*75
7
39
313
107
+1*
-19
U6
93
118
-29
253
38
283
38
UU
U7
+17
-lU
-3
98
212
81
+16
-12
U7
129
233
303
575
23
-10
+67
296
-its
120
199
179
169
25
-7
9
-1
89
85
86
189
21*6
%
'»3
278
97
+23
73
-II
35
3>*
-1
1
-1
1
31
290
36
35
97
13
13
180
*
50
ISO
273
35
*
17
17U
37
I
October
.
+302
+390
.
SoTflmber.
52
235
25
ISU
+10
Trust Accounts, Etc. Receipts and Expenditures
38
-2
(Continued)
(In milllona of dollar*)
Other troat accounta 1/
Ineraiant
on gold
Miacellaneoae funde
and accounta 2/
Seigniorage
en *llv*r
Traneactione In checking accoxnzta
of Govenunent agenciee. etc. (net)
Hacal year
or month
Becelpta
bpandlturea
Set
Beeelpte
+108
+I40
+31 1*
+21*
858
323
3U9
19110
35
366
2.020
838
327
325
331
191*1
+20
1*06
386
191*2
191*3
+1)6
1*72
1*26
I9UU
129
9^
567
820
+201*
19'*5
+620
1.693
1.072
+1.302
128
83
93
+3U
Ul
+253
December.
19l»5-Januaiy...
February.
March
+1M0
+73
10
iprU
Kay
June
+109
July
August
September.
.
.
.
+2M.
331
155
-3
+1.105
06
+288
233
292
-86
-207
-1.302
-217
-3,62j
-2.191*
+852
-I.8O9
-69U
-i*.ii03
-2,871*
-1.178
-1.553
-311
-253
-let
-19
+23.
-37
57
.30J
+1*11
-71
-U
-1U7
-757
-68
+301
+1
-7
7
+M07
128
153
117
-15
+70
+51
15
-70
-51
-778
355
82
266
194
U3
+«1
21*1*
-2511
-1,069
-1.815
-1.500
-1.52?
+37&
+70
-1U5
•8
+I5I*
35
391*
«
-29
-86
58
+21
55
86
-55
-222
+26
-51
95
17
17
-US
118
-21*
2U
Source;
Dally Treasury Statements.
Back ngursBi For monthly data for the period Jnly 19UI thrvngh Jnly 191*1*,
see "Treasury Bulletin" for September 191*5. pages 11 and 12.
*
less than $500,000.
Includes Government Hetlrement funds, etc.
1/
(See footnote 2.)
Comprises Public Works Administration reTolTlng fund, special
2/
deposits (net), and, during the fiscal years 19U0 throng 191*5,
I
+768
+3U
75
302
+81*
+11
Other
tranaactlone (net
-2
27
103
-18
53
llovember.
+20
+1U
U3
135
122
11(2
October..
+201*
+2
+16
ll|8
+8U
-313
+209
+90
+%
Isenance of
obligations
(net) 2/
+176
2.053
+20
19l*l*-Hi)va=ibor..
Total
-99
-51
-5
+3"*
+92
turaa
-I103
1936
1937
1938
1939
-1*
Ibipendl-
^
kj
29
-a
-267
+1.5
+201
-10
-176
+271*
29
+79
-2U
+2U6
+103
-la
transactions in commodity food stamps by the Department of Agriculture. Commencing July 1, 191*5. eujch transactions are classified
as "other trust accounts".
Set receipts in this column constitute net salss. and net expenditures constitute net roden^tions of obligations.
Details not availahle.
...
Janaary
11
1946
Means of Financing Cash Requirements
(In mllllone of dollars)
Means of financing
Aiaount raqiilrod to bs financed
Tlseal 7«ar
or month
Total amoxmt
required
to toe
financed
Net
budgetary
deficit
y
Het Increaae
Is Oeneral
fund balance
Het
e:q>endlturee
In trust
ae count e,
etc.
Total amount
financed
Increase In
public debt
Net decrease
In General
Fund balance
etc.
2/
2/
5.390
i«.550
3.1'»9
3.l't9
1.38U
1,3«U
U.lfilt
3.5't2
3.611
3.611
igiti
5.99't
19U2
19U?
23.U61
6U.27U
6U.107
58.&77
5.103
19.598
55.897
69,595
1936
1937
1938
1919
19U0
19W
19't5
19UU-Hov«mber.
Frtruary.
March
April
May
June
July
.
.
.
5.587
2,999
12.U33
193
U,6U5
3.693
U.6U5
3.693
2.5lio
2.5I10
5.0I40
5,oto
6.190
3.727
4,1107
October.
NoTOsber.
3.U20
\J
2/
3.9l'»
7U0
lt.l6U
3.275
2,528
9U7
5.99't
5.99't
23,U6l
23.U61
6't.27U
61i,27U
6it,307
57.679
798
5.587
15.626
U,76l
15.626
639
it,Si5
1.778
1,300
2U2
2.630
2.292
2.036
1.120
3.763
19,850
3.911
9
1.7'tl
626
5. Olio
15.073
1.6j2
Dally Treamuy Statements.
Excludes anounts for public debt retirement lAich are chargeable to
the sinking fund, etc., under special proTleions of law.
Comprises tra^t accounts, checking accounts of GoTernmont agencies.
1,050
312
37U
306
890
136
6U,J07
58.U77
3.693
2.560
5.862
U.357
1,422
3,Uao
2,282
I.38U
3.611
5.587
15,626
1.517
Source:
622
5.078
2,6U6
12«
338
3.1'»9
53.9>t8
September.
.
5.390
1U«
3.506
1,861
•.osi
5.978
Au€"^st.
guo
7U2
358
6,515
10,662
•.529
6,190
19.850
Net
receipts
In trust
accounts.
6,190
19,890
116
5.978
50
5.'«)7
95
1.517
3.362
956
-980
2.615
3.'>a0
-203
3.321
3. 911*
3.52'i
238
101
262
3.'*5l
2,U97
302
390
etc., increment on gold, seigniorage on sllTer. and miscellaneoui
funde and accounts. Increment on gold e3c:ludee ei^enditures for
national bank note retirenantt.
u
......
.
U2
U
2
Treasury Bulletin
12
Social Security Program
Section I.- Budgetary Receipts and Expenditures
K-
Table
Social Security Act
(In millions of dollars)
Bacelpts
Qross receipts
Social Security taxes
TlBcal year
or month
federal themploymant
Tax Act
(TTneaplOTment Insurance)
Tederal Insurance
Contrlbatlons Act
(Old-age insurance)
1/
1937
1938
1939
ijlto
igUi
igitz
ig"*?
19^-3
6ol(.U
Slit.l*
631.2
712.2
788.2
1,015.6
1,288.9
530. "t
ISW
1. 1*72.0
I.U9U.5
iglA-SoTWotep
Qecenber
.
19l<5-Jana«ry
.
.
.
rebnuury.
March
April
May
June
July
Mgust.
.
158.
179.9
UW.S
278.5
U.9
267.3
u.s
i».o
.9
U6.5
356.3
33.3
222.1
17.6
Ul.2
27.11
6U.5
61.5
28^.8
57-0
5U.U
237.8
.
September.
October
Bovenber.
.
.
2llS.O
2/
57-8
90.1
100.9
107.5
97.7
119-?
6o4.7
690.6
895.6
1.130.5
1.292.1
1.309.9
lA.O
328.0
6.2
Bet
receipts
2/
252.
igi^
Leas amounte credited to
Tedereil Old-lge and
Survivors Insurance
Trust fhnd
265.0
387.0
503.0
537.7
661.3
868.9
1.103.0
1.259.5
1,283.0
-12.8
265.5
2.1
13.0
31.0
219.7
15.5
116.6
12.0
2i7.lt
128.2
17>J.5
126.9
11(6.7
125.9
212.5
211.5
2.8
9.7
2.8
15.3
3«.8
313.2
2.2
3.0
12.1
l.S
2.6
10.3
59.0
283-3
2-3
1».2
51.6
23U.9
13.1
lU
3-9
5.'»
ErpendltTiree
Orents to States
Pttbllc
TlBcal yeer
or month
AdmlulstratlTe
expenses
y
Social Secoxlty Soard
Total
01d-a£» Aid to
Aid to
aaslst- depend flat the
ance
children bUnd
ii*.3
It.o
9.1
25-5
5-2
1*1.9
1*51.9
182.2
208.8
227.6
260.1
299.1
316.9
360.6
333-6
67.3
57.0
52.8
6-2
7-1
8.0
8-5
10.3
10-0
2.8
2.7
36.3
29.6
29-1
25-0
U.l*
-7
2.9
2.3
1*9.5
31.6
28.9
32.5
22.
1*5-9
31.6
28.9
22.1
182.7
332.5
3^3.3
38U.2
191*1
UUq-i*
19U2
19^3
191W
50C.U
527-2
IS^
1*91-3
15.8
20.0
21.3
25-3
31-5
31.5
33-3
32-1
31-9
iglA-Sovember.
December
39.8
32.9
igltS-Jamiaiy
March
53.3
31.8
36.1
i^jrll
1*9.3
M«y
Jime
July
August
September.
39.3
32-7
2.U
3-2
3-1
1*3.8
60.6
23-3
October.
BoTember
72.0
30.9
3-1
3.3
.
.
.
T^bruaiy.
.
Source:
2/
.
.
.
.
1*6.8
Ohemploynent cob^ Public
pensatlon health
adminlework
tration
12l*.8
1937
1938
1939
iguo
52l*-2
Health
Service
3.2
2.8
3.0
2.8
166.9
271.5
320.3
356.5
1*15.2
1*69.6
1*91.1
1*88.0
35-7
29-2
Department of Labor
Maternal Serrlces
and child
for
health crippled
services children
2.1
2.7
3.0
1.0
l.U
1.5
1.5
h
U.O
3.8
3.8
3.8
1.6
1.6
l.U
l.U
•
.2
.1
-5
.3
-3
.3
8.6
1.9
.8
.1
.3
.2
-6
-6
.5
.3
.2
u
1.0
1.0
1*.8
2.2
.1
.2
3."
t.5
7.6
2.1
.3
2-7
.1
d
8.8
1.2
2.3
.2
.2
U5!l*
63-2
69.1*
3-2
.7
1.0
l.\
27.6
58.9
58.3
63.0
70.3
55-1
36.3
31*.
1.0
.8
7.8
8.9
8.0
9.U
10.8
U.l*
10.7
10.9
10.7
3.1
3.8
Child
velfare
service
u
5-5
5-9
3
-7
.6
.U
.2
56.9
29.0
"?•'
19.
W.2
68.2
27.1
U7.I*
7-1
1-5
U.S
.1
21.2
3.1*
.5
1.2
.3
Dally Treasury Statements.
less than 150,000.
Jbraerly Title Till of the Social Security Act,
Vbrmerly Title IX of the Social Security Act. Includes amounts equal
to ^proprlations to fiallroad Unemployment Insurance Administration
Ibnd equlTalent to amounts of taxes collected vlth respect to the
period from January 193^ to June 1939. Inclusive, from eoployers sutJect to the Eailroad Unemployment Insurance Act (See Table 3 of Section I).
Prior to January 1, 19*K), flforee represent amounts transferred to
the Old-A^ fieserre Account.
Krov January 1 to July 1, 19U0 "Transfers" were made to the Fsderal Old-Age and Survivors Insurance Trust
Ttind.
Suhsequently receipts have been deposited in the General Auid
of the Treasury and ajjproprlated" directly to the Inderal Old-Age
and Survivors Insurance Trust TUnd. Amounts shown as transfers refleet deductions made for reimbursement to the Oeneral Tani account
to cover administrative expenses, which are shown as e^jendltures In
.2
.5
.2
»/
5/
6/
Office for
Emergency
Hanaeenent
HeftmdB
War
Manpower
of
taxes
SxcesB
of
expenditures
5/
Comffilaeioa
(n. S.
Ibployment
Service)
Ul.O 6/
1.8
20.7
1.3
.1
2.6
3-5
2.8
U.2
7-U
195-5
115.1
215.1
209.7
322.5
357.8
3U1.3
311.7
279-8
26.8
30.1
.3
37.8
-gU.8
2U.I
3
UU.l
2U.6
22.8
•
UI.3
U6.0
19.0
66.6
17.8
Section II. Table 1.
Includes only expenditures from appropriations made specifically
for administrative expenses relating to the Social Security Act;
nsoely. Social Security Board, Department of Commerce, and Dspartment of Labor; and administrative expenses reimbursed to the Oenaral
IHind of the Treasury under Section 301 (f) of the Social Security
i>ct, as amended.
Beginning July 1, 1$^. includes also administrative expenses under the Va^er-Feyser Act. Excludes ad; J.nietrative
expenses payable from other appropriations, principally for the
following agencies: Bureau of Internal Revenue of the Treasury
Department, and Public Health Service and Office of Xducatlon of
the Pederal Security Agency.
Covered by appropriations by Congress.
Second Deficiency Appropriation Act, fiscal year 1938. appropriated
$Ul million for refunding to certain States portions of Fsderal
employers' tax for I936 collected under the Social Security Act.
.
....
.
January
.
1^6
13
Social Security Program
(Continued)
-
Section !•- Budgetary Receipts and Expenditures
(Continued)
-
Table 2.- Railroad Retirement Account
(In still Ions of dollAra)
Secsipt
&q)eii(lltQres
TiBCftl 7ear
or Donth
AdmlniitratlTtt
Taking
let of 1937
Carrlarfl'
m«(nt Accoiait
1/
1937
1938
1939
•3
1-5
150.1
109.3
1I19.0
igtio
la.o
IjUl
ijie
WW
v)^
19W4-IIoTanb«r..
Secflmber-.
19U^Januai7. .
FebnAiy.
March
(trust accoimt)
Refunds
of
taxes
Excess of
ezpenditoret
2/
1.2
-1.1
lU6.lt
II18.5
2.6
2.9
2.6
3.8
7.6
12U.lt
II1O.9
-a.6
220.2
265.3
311.3
5.U
2.5
2.3
2IU.8
262.7
3O8.8
-1.8
26.3
lU.U
55-2
.2
.2
.2
.2
1.2
3^.8
.2
.2
.2
.2
.2
3'».
65.5
110.0
123.3
128.2
136.9
170.0
208.8
267.1
285.0
19>*3
Transfers to
Ball road Retire-
kfin
107.1
120.7
.7
2.3
-8.7
u.u
-lU.2
-55.1
7
\U
65.3
3it.2
60.0
.3
.2
.2
.2
.2
35-5
(by
Jane
July
AU£Ult ....
SaptenbAT.
1.5
180.1
.2
179.9
.1
.1
59.4
178.6
•8.2
.99.1
37.0
35.7
-8.U
35.7
October.
.
IfoTaober..
Source:
•
1/
-e.3
-59.8
J
1.5
8.5
37.2
.2
.1
.1
adainietratlTe expssisee relatliif to the Railroad Retlreeunt Aet.
(Jovared by iqipropriatlone frov the Oeaeml Fund of the Treaauzy.
Daily Treaeoiy Statenents.
than $^,000.
Includes only expenditures fron appropriations made qpeolfioally for
Use
Table 3.- Railroad Unemployment Insurance Act
(In millions of dollars)
Standi tares
Eaceiptfl
Tieeal y«ar
or aoath
Railroad uncB^loynant Insurance
contributions
Total
2/
1937
1938
1939
19U0
19U1
19U2
U.9
6.S
8.5
10.3
12.1
13-2
19>»3
19UU
19U5
19UU-lbTTOber.
Deeoober.
AdministratlTe es^pantes (Railroad
tTncBploTment Insure
ance Idiainistration
Transfers to Railroad Uhaqploynant
Insurance Account
Fund) 2/
Tondi^
.5
•5
5.0
10.9
5.0
6.U
2.5
2.2
3.2
3.7
8.2
lU.?
U.b
3.'»
.1
.3
3.2
•3
.3
.3
Utaenploynent
Tmat
Sxcese of
expeodltures
5/
.5
.1
7.5
6.0
U.l
-2.1
-2.1
U.7
8.9
l-l
.2
-2.9
.1
.2
.2
.2
.2
.2
.1
Mtf«h
3.1
.3
.3
-2.8
torO.
Kar
Jane
.1
.2
.3
3.1
-2.8
19U5-Januai7.
.
Tabnair..
July
Au«aat
September.
October.
..
Boveaiber
.
Source:
•
1/
2/
•3
9.9
.1
3.1
.1
Dally Treaaory Statananta.
Leee than $50,000.
Operated aa Ballroad Unee^loynant Ineuranea Admlnlatratlon Tnnd.
Eeproaenta 10^ of contrlbutiona tinder the Railroad Unaaqploymant
Insurance Act; the r«nalnlne 90^ la depoaltad in t he Sallroad tteen^loynent Inaurance Account, Thmploynent Troat Tund (See Section
Exoludee ajnounti ^iproprlatad to Slallroad thunployII. Table 3).
ment Inaurance Adalniatrat Ion TuM eoul Talent to amount e of t&xee
collected for the oerlod January 1935 through June 1939 from «a)ployera aubject to' the Sallroad ttieqploy«ent Inaurance Act. Ihaaa
aDounta aesrasatad $15.0 mlUlon and were diatrlbuted by calmdar
9.6
9.9
.1
-2.8
.U
.2
yaara, aa follovai
1937. t5.3 allllon; 1938, $6.8 aUliaBi and
for the flrat alx aontha of the ealandar y«ar 1939. $2.9 Billion.
Theae aiounta are included in Table I under Federvl ThiiiniloyiwBt
fax Aet (una^loynant InBuranee)
Includea only eipenditurea from ippreprlationa aade apaeifleally
for adninlatratlTa eipanaea relating to the Ballroad ala^>loyIlant
Inaurance Act.
Bepreaacta ezcaae fonda of the bllroed ai^>loynant Inaurance Ad,mlnlstration fund (under Aat of Oct. 10, 19U0).
CoTered by appropriationa by Oongreaa.
•
..
U
.
B
Treasury Bulletin
\k
Social Security Program - (Continued)
Section II.- Statements of Trust Accounts
Table 1.- Federal Old-Age and Survivors Insurance Trust Fund
^
(Cumulative from organisation - Id millions of dollare)
Hjtpendlturee
Receipt
End of fiscal
year or month
Total
receipts
267.3
782.7
1.199.6
1.792.1
2,536.2
3,502.8
U.720.7
6,116.0
1937
1938
1939
19W)
19U1
19U2
igus
19WI
7,5'»9.S
19lt5
19l*5-Sotitaab«r.
October.
7.9U.1
.
7.965.5
IToTember.
8,203.1j
Source:
1/
Appropriations by
CongresB
265.0
765.0
1,155.0
1,705.0
2,393.1
3,288.8
1(,U19.3
inveitmentt
2.3
17.7
UU.6
87.1
Total
ezpeodl'
tures
Old-a^e
benefit
payments
1452
19.3
35-1
99.5
209.8
359.1
51*3 -7
19
138,
21U.I
301.5
275.
5,711. U
7.021.3
I1OU.7
669
528.5
936.U
7.373-3
7.U27.3
7.665-5
537-3
537.S
537.3
1.013.1*
1,0U1.6
1,068.3
D&lly Treasury Statements.
Leee than $50,000.
Includes tranaactlone effected undenr the predeceasor Old-Age Resarve
administrative
expenses 2/
12.3
39.1
65-9
•93."*
l,7i'»'.7
2.397.6
3,227.2
U,268.3
267.1
662.3
1,177.2
1,738.1
2,380.6
3,201.6
U,236.8
.1
1.9
3.0
6.1
10.8
.1
•
5
6.2
5.2
7.0
16.1
32.0
S53.0
i6o.!»
163.2
16b .0
6,397.7
6.923-3
6.819.3
S7g."4
6.n9.3
ii:;
^:o'
7.1311.3
6,8011.3
288.0
783.5
902.5
5.1I08.9
6.5116.3
officer'
account
.1
5,¥t6.it
6.613.U
In disbursing
113.0
126.0
152.9
20.
2I1.5
21.
35.1
39.1
-Account
2/
Under Section 201 (f) of the Social Security Act aoendaente of
1939.
(OuEiulatlTe from organlistlon - In nllllone of dollare)
Old of flecal
In General
Fund
267.2
777.2
1,180.3
Table 2*- Railroad Retirement Act
year or month
Investments
for
5
1113.1
Unexpended balance
Reimbursement
1
January
1946
15
Appropriations and Net CJontract Authorizations for the War Activities Program
As of November 30, 1945
iBt*
Public
Uw
Appropriations
Titla of act
No.
77th Con^aoa. Tlrat Saaaion
rati.
6. 19UI
Tab. 13, 19UI
Mar.
1. I9UI
Mar. 17, igta
Mar. 27. 19U1
Apr. 1. 19U1
Apr. 5. 19U1
19U1
Apr.
May
1: 191H
19'ti
M«7
Ma7 15: 19U1
May 31. 191H
Jona 28, 19U1
Jma 28. 19U1
Jona 30 19U1
Jnly 1, 19U1
July 3. 19'n
Aug. 25. 1911
1
9
13
23
25
28
29
Ug
71
73
88
Joint Reaolatlon (aoargancy ahlp conatr^ictlon)
Joint Beaolution (clothing and aquipaga - War Departaant)
Urgant Daf iciancy Appropriation Act , 19^1
fourth Si^laaantal Hational Dafanaa ^roprlation Act, I9U1....
Dafanaa Aid Si^plaoental Appropriation Act, 19^1
Tlrat Oeflciancy Appropriation Act, 191*1
Indapendant Offices Appropriation Act. 19^2
riftb Supplamental National Dafanaa Appropriation Act, 19'^!
Havy Dapartmont Appropriation Act 19^2
War Departmant CiTil Appropriation Act, 19U2
Additional Urgant Daflclancy Appropriation Act. 19U1
Traaaury Departmant Appropriation Act, 19U2
Juatlca. Stata and Coomaroa Sapartaants tepioprlation Act, 19'l3.
Intarlor Dapartoent Appropriation Act 19M2
Military J^roprlatlon Act. I9U2
Labor - Tadaral Sacorlty Appropriation Act, I9U2
Second Deficiency Appropriation Act, 19^*1
Tlrat St^planantal National -Dafanaa Appropriation Act, 19l*2
Second Supplaaental National Dafanaa Appropriation Act, 19't2:
(Title I )
(Title II)
Defense Eigtairay Act of 19UI
Third Si^pleaantal tiational Dafanaa A^ropriatioa Act, 19^2
Joint Beaolution (War. Fhlllpplaa relief, and lefanaa housing)..
,
,
Oct. 28, 19U1
2U7
282
Hot. 19, I9UI
Dae. 17, I9UI
Doc. 23. I9UI
295
353
371
Total, 77th Congraaa, Tlrat Saaalon
77th Congraaa, Second Saaalon
$
313,500.000
i/
Hot contract
authoriiatlona 2/
..
,
.
Treasury Bulletin
16
^
Appropriations and Net Contract Authorizations for the War Activities Program
As of November 30, 1945 - (Continued)
Date
PuMlc
^proved
Lav No.
Net contract
authorizatione 2/
Appropriations
Title of act
78th CoDgress. Second Seeslon
Fell.
Apr
.
Apr.
Kay
June
June
June
June
June
June
June
June
June
June
June
June
lU,
igwt
229
279
288
303
3t7
1
U,
12.
22,
26.
27.
28
28.
28.
28.
28
28.
28.
19UU
19W»
I9UI*
19UU
352
35s
iguit
365
19ltU
367
369
372
373
19Wt
19Ult
19Wt
19Ult
37't
iguu
19Wt
19'»U
375
382
382
June 30, igUlt
Dec. 22, 19Wt
382
529
30,
30,
31.359.200
170.221,080
Joint Reeolutlon (fam labor and migration of worlcere)
First Deficiency Appropriation Act, 19W4
Public Law (Federal Works Agency - public roads)
Joint Resolution (Labor Department - maternity and Infant care)
Naval Appropriation Act, 19'»5
War Department Civil Appropriation Act, 19^*5
Independent Offices Appropriation Act, 19^*5
Departments of State, Justice and Commerce Appropriation Act, 191*5- ••
Department of Agriculture Appropriation Act 19U5
Interior Department Appropriation Act, 19^*5
National War Agency Appropriation Act, I9I+5
'•
Labor - Federal Security J^proprlatlon Act, 191*5
Military Appropriation Act, 19'*5Second Deficiency ^proprlatlon Act, l<)kk
Defense Aid Appropriation Act, 19l»5
United Nations Belief and Rehabilitation Administration Participation
Appropriation Act, 19l»5
Foreign Economic Administration Appropriation Act, ISU^
First Supplemental Appropriation Act, 19^*5
38. 266.050 6/
10,1100,000
,
.030,937
2ll2
2.000,000,000 6/
338.W7.659
6/
2.198.577
218,611 829
l»3l*,811l 795
186,266 52U k/
1*50,570 000
•_
Total,
$
6.700 000
562.298 301 kj
-28,805 .732 1/
836,00s 9U3
'•7,585 000
30,700 000
18,111* 200
2.076,828,396 5/ 6/
1*50,000,000
19,750,000
1*10,291.029 kf
»*.5g6.l6o,682 6/
$55,875.1*22.1*12
78th Congreee, Second Session
60,000.000 5/
79th Congress, First Sesiion
Mar. 31, I9U5
Apr. 25, I9U5
2U
Hay-
3,
191*5
U9
May
May
May
May
Juno
July
y
July
July
July
July
5,
191*5
1*0
F
61
21, 191*5
29, 191*5
29, 19l*5
12, 191*5
3,
191*5
62
68
83
123
3.
191*5
121*
3,
191*5
3,
5,
191*5
17,
191*5
126
127
132
156
191*5
War Department Civil Appropriation Act, I9U6
First Deficiency Appropriation Act, 191*5
Independent Offices Appropriation Act 191*6
Department of Agriculture Appropriation Act, 191*6
Departments of State, Justice and Commerce Appropriation Act. 191*6.
Haval Appropriation Act, 191*6
Joint Reeolutlon (U. S. Maritime Commission)
Joint Resolution (Labor Department - maternity and Infant care)...
Interior Department Appropriation Act, I9l*6
Labor- Federal Security Appropriation Act. I9U6
Military Appropriation Act. 191*6
Joint Resolution (reducing certain appropriations)
Second Deficiency J^proprlatlon Act. 191*5
National War Agencies Appropriation Act. 191*6
2.697.
ll*.986, U72
3l*.599. 500
,601,136, 06U 8/
,100.000, 000 2/
2.200, 000
10.625, 000
2/
197.011, 55U
030
000 2/
,527,335. 808
729. 361*, 850
$1*8,507,1*76.861
$-1*6,993.637.190
$1.399,008,1*13
$-1,915,133,879 6/127
550,000,000
18. 856. 639
»-l*6,l*2U.780.55l
Total pending.
$1,399,008.1*13
,1*96,902,
-82,051*,
79th Congrees, First Session.
Pending 10/
First St^plemental Surplus Appropriation Rescission Act, 191*6
United nations Relief and R^iabilitatlon Administration Participation
Act, 191*6
First Deficiency Appropriation Act, I9U6
]i/
57,288, 300
,
Total,
iiio
,015.381*, 11*3
$-1.915.133.g79 6/
j^miflfl^y
<.,
76th Congress, Third Session 12/
77th Confess. First Session
77th Congrees, Second Session
7Sth Congress. First Session
78th Congress, Second Session
79th Congress, First Session
Permanent appropriations and not transfers fmrn other than war activities
e^itipriatlone 1^
$
Total approved
Total pendlie, 79th Con^rese. First Seseion
Liquidations of 19liO end prior contract authorizations
$1*08,903.088,991
-1*6, teU, 780,551
,
CoBBlete of expropriations and net contract authorisations available
on and after July 1, IS^W. Exclu^oei
(l) authorizations of the HeconBtruction Finraice Corporation and He affiliates for war purpoBes,
and (2) unespended balancefl of appropi iatione on June 30. 19^ i^^!cept innnediately available funde
im flecal year 19^1 approprla^
available for expenditure in the fiecal year igl+1.
tlons)
Contract authorizations have been reduced by later appropriations
which were eamarked In authorizing acts for thla purpose.
Hepreeents the net amount of contractual authority that the President laay authorize in accordance with provleionB of this act.
Includes c^ropr. itlons made available for prior years.
For anounts,
see f^roprlate footnotes in "Treasury Bulletin" for iiigust, 19^5t
pagoB 15 end 16.
Unfipproprlated contract authorliations for the naval expansion program are as follovst
Public Law Bo. Ulil
$2,171,000,000
Public Law Ho. SOU (Estimated by Havy Department) 2,35^,213.727
Public Law Bo. 375
55,000,000
Public I«cw Ho. 375 (Estimated by Favy DeDartmnt) 2,021,828,396
Public Law Bo. 529
60,000.000
This figure has been reduced by emoxints which were nade available
for this purpose during th« month of Bovember, 19U5.
Jj
5/
2/
,
2j
2/
kJ
^
6/
1*9.396.1*37,1*50
i39.736.203.98g
105,916,1*92,321
55,875,1*22,1*12
118.507.1*76,861
662,000,000
2,321,000,000
2,373.670.1*37
6,
%
1*, 526, 160, 682 5/
1.399.008,la3
1*77.01*0,131
$u, 281,539.532
-1,915.133.879 6/
-l*67,872,8i*6
Total apT^roved and pending E?)proprlatlon8 cod net contract aatlurlzatione 1/
1/
8,99l*,015,828
Total.
Total,
Total.
Total.
Total,
Total
10/
11/
12/
I3/
$362,010,1*35,591*
$9.366*705,653
Public lew Do. 352 has been reduced by- $30,237,572 representing the
amount repealed by Congress and carried to the surplus fund in accordance with provisions of this act.
Includes $180,000,000 for the fiscal year 19^5.
Represents axiount of prior appropriations repealed by Coagrese.
The repeal of contractual authority has been applied to prior actsPending c^jproprlations, as used herein, represent appropriation bills
reported from the Oonnittee on ^ipropriatione to the House, or in
subsequent stages of Congressional action beforo Presidential spproval
E3cclud«8 rescieslon of the U. S. llaritlme Commission in the anoTint
of $325,900,000.
For details of appropriations mode by 76th Congress, Third Session.
see "Treasury Bulletin" for March, 19^1^, page 5*
Includes actual transfer of balances of the Bureau of Marine Inspection and Navigation from the Department of Commerce to Coast Oufurd,
Ba77, in the amount of $1,153,802 in accordance with Erecutlve Order 9OS3. dated Pebruary 28, 19^2. Also includes $UO,9S9.53l
received as war contributions under authority of the Second War
Powere Act and deposits of advance payments made by forel^ gov^
eromente to the Defenee Aid Special ?and for the procurement of
defense articles amounting to $259,099,130*
January
1^6
17
Cash Income and Outgo of the Treasury, by Major Classifications^
(In
mlUlone of dollars)
19UU
KOT.
I9U5
Dbc.
Jan.
,501
293
507
27
177
t.3'»7
2.U22
2.505
5. 1*10
253
36
158
CASH VS<XMt
Stidgetsiy:
Internal revenoe:
Income and profits taxes
ADploynent taxes
Miscellaneous Internal revenue,
Oaetoms
Other
Subtotal
Trust funds, etc.:
Unamploysent Trust fond (depoalts by States and
Ballroad fietlrement Board]
Trust aooonnts 2/
Subtotal
Total cash Income
_20L
TSo
uss
6o
539
29
'»36
-i2i
•?7Bi5T
CASH OOTQO
Bud^tery:
War actlTltles
Veterans' idolnlstratlon
rubUo works 2/
jUd to agriculture kj
Social security pro-am
Interest on the public debt 6/
Other II
Subtotal
Trust funds, etc.:
Seconstructlon Tinance Corporation:
War activities
Other
Commodity Credit Corporation
Dheoployment Trust ^Rand
federal Old-i^ and SurriTors Insurance Trust
fcnd
Railroad Setlrement Account
Other 2/
Subtotal
Bedemption of adjusted service bonds
Total cash outgo
^
KCS33 OJ CASH OOTOO
'.Moi
7.50:
73
25
20
?5
1(0
12^
33
521
116
7.718
e,3oit
30
27
155
-21
57
5
5
19
12
19
12
-133
-1*82
riSL
"isr
7.U61
a.auit
U.UgS
2,61|0
Mar.
Apr.
May
July
iag.
Sept.
Treasurji Bulletin
18
GENERAL
FUND
OF
THE
TREASURY
..
.
.
.
January
1^6
19
Assets of the General Fund of the Treasury
(Id millions of dollarE)
End of flBcal
year or month
Total
Bullion, coin,
and currency
DepoeltB In
Federal Heeerve
BaJike
Special depoelte
account of Balei
of GoTernjneot
securltlee
(War Loan accounta)
Other depoBltB
and collections
1936
1937
1938
1939
19«0
2.936
2.709
3.087
2.038
1.19lt
862
lUl
929
1.022
BTU
251*
19U1
19te
98U
897
911
820
1,021*
661
603
1.038
19't5
2.812
3.'A3
10.IU9
20.775
25,119
708
1.500
1,679
7,667
18,007
22,622
1U3
265
533
507
289
iglA-NoTBrnber.
December.
10.223
22.717
785
825
1,122
1.335
8,002
20,261
315
295
19U5-January .
February
March
20,077
17.73^
15.722
807
792
779
l,0l«!
17,866
1,3SU
I.5U7
15 265
357
292
13.055
31a
777
688
70s
1.221;
9.U92
May
Jtme
11,809
10,055
25.119
l.llO
1.500
7.9'tl
315
286
289
July
22.1(69
591
581
1.252
1.300
1.755
16,8711
13.989
II
1.121;
11.389
1.372
I2.69l(
256
260
2,1)19
IS"*?
19U4
.
.
^rll
Au^st.
865
1.863
827
September.
19.018
16,582
571*
October,
November
13.307
W,Sl»9
537
523
Source:
.
,
.
.
1,150
58
6i»9
55
52
95
105
611
776
8O5
1,1142
,
22,622
32I*
20,303
Dally Treasury Stateneats.
Balance in the General Fund of the Treasury
(In milllone of dollare)
£nd of fiscal
year or month
1936
1937
1938
1939
19UO
Balance In the
General ?iuid
Total
assets
Total
liabilities
2,936
2.709
25U
156
2,682
2.553
2,1*19
203
2.a6
3.087
2.03s
2l(S
2.838
1.891
IU7
2.812
3. 'A3
179
10.11*9
61*3
20.775
25.119
607
2.633
2.991
9.507
20,169
1*21
21*,
10,223
22,717
i*a
December.
9. 803
22.236
19l*5-January
Pebruary.
191*1
19U2
19U3
191*1*
191*5
19l*U-Hovember.
1*52
1*81
698
20,077
U7I
17.73't
i*ao
March
15.722
1*1*5
^rll
11.809
10,055
25.119
1*1*3
July
August ....
September.
22,1*69
386
19.018
16,582
£7
22.082
18,651
16,13U
October. ..
Noveober..
13.307
U91*
12.813
14, 81*9
licit
lU. 1*1*5
.
.
May
June
Source:
Dally Treasury Statement e.
l9,So6
17.JI3
15.277
U30
11.366
9.625
Ua
21*.
698
..
.
Treasury Bulletin
20
Analysis of Change in Balance of General Fund of the Treasury
[in DilllonB of dollars - Net Increase or net decrease (-)J
Trust accounts, etc.
Total
Chan^ during fiscal
year or sonth
chan^ In
Oeneral
ftind
balance
General
and special
acctmnts
gUo
-128
-338
19110
-9l»7
-3,611
358
6.515
-5.103
-19.598
-55.897
-49.595
IS"*!
igU?
191*3
igWt
10,66a
•.529
igifs
-l.3«it
-3.5l»2
-6.190
-3.727
Joly
-2.615
-5,862
Angtiat. ...
-3. "61
-i*.357
September-
-2.W
-l,lt22
October.
SoTember
-3.321
1,632
1/
2/
^
kf
5^
19
11
29
37
-1*03
176
-99
-51
-5
ito
20
ll*
-i*.05i
798
Mlscellanoons
funds and
accounts
Chccklag
accounts of
GoTenuBont
5/
«tc.
a^aciea,
108
31'*
20I*
90
-11*8
I.ISD
3.763
19.850
-5.01)0
-1,71a.
-4.61*5
accounts
Seigniorage
on sllrer
-3.506
-1.861
238
101
262
-3.911
'*
5.99"*
23.1*61
6i*,27U
1.778
1.300
2U2
April
Hay
June
Source:
136
639
-3.693
.
881*
-193
-2.630
-2.292
-2.036
15.073
y
792
3,280 5/
2.528
U,76l
19U5-Januaiy
Tebrvary .
March
.
y
15.fe6
-5.587
-2.999
.
-85
275
255
5.'*75 6/
2,7'»6
-53.9't8
-188
ie.U33
.
u
6U,307
57.679
DocGni1>er.
19Ui*-noTeniber
Total
Increnent
on gold
2/
-it.SSO
-3.1U?
Tmet
accoults
2/
1/
19J6
1937
1938
1939
PaUtc deM
2
16
768
3^
11
39
2U1
-217
-3.625
-2,191*
lis
675
201*
-i*,i»03
,302
-1,178
257
-282
311
253
-xS
a
80
338
-138
-7
686
-1.050
?5
U62
-323
-15
70
15»^
51
-778
3.362
956
-980
-116
-50
-95
101
2
-119
35
-2?
-86
-222
26
55
-51
-3.1*20
-203
129
318
-U8
27U
3.52'*
302
390
17
-2,282
17
-2l*
79
-2.5l<0
Dally Treasury Statements.
Leee than $9CX),000.
This lo the net "budgetary deficit. Excludee amounts for public
debt retirement which are chargeable to the sinking fund, etc.,
under special provisions of law.
This represents the Increase in the gross public debt, exce, c as
noted.
(See fo tnote 6.)
Comprises Federal Old-Age and SurrlTorB Insurance Truat Fund* Na^
tional Service Life Inffurance Fund, tfeemployment Trust Fund, Hallroad Retirement Acco\mt, Government ineurazice and retirement funds
(See footnote 5*)
and other trust accounts.
Charges for retirement of national bank notee are reflected in this
statement directly against Increment on gold, In the years during
vhich the retirements were actually made. (See footnote 6.)
9
^
6/
.
2/
8
21
-71
Comprieee Public Vorke Administration revolving fond, fecial deposits (net), and» during the fiscal years 19UO through 19^5,
transactions in commodity food stamps by the Department of Agriculture. Commencing July 1, 19^5, such transactions are classified in
the column "TruBt accounts".
Xxpendltures for the retlreoent of national bank notes from increment on gold for the fiscal years 193^ ^o 1939 (as ahovn below) are
not reflected herein, but are reflected under increment on gold as
follows:
1936. $397 million; 1937. $99 million; 1938» $51 million;
and 1939t $^ million. The increases in the public debt shown in
the table "Means of Financing Cash Requirements" for the above fiscal years will not agree for the reason stated above.
Includes inactive gold in the amount of $1»0S7 million.
Janaan/
f^6
21
PUBLIC
OF
DEBT AND GUARANTEED OBLIGATIONS
THE UNITED STATES GOVERNMENT
9
5
....
Treasury Ballethi
22
Analysis of Issuance and Retirement of Public Debt
(In millions of dollars]
nscal year
or month
Public
debt OQtBtandin^
end of
fiscal
year or
month
Set change
in pibllc
debt
during
fiscal
yenr or
month
1936
1937
1938
1939
33.779
5.078
36.lt25
2,61(6
37.165
igiio
U2.968
7U0
3.275
2,52s
l«,96l
19U1
19^*2
72.1*22
igiw
136.696
201,003
258.682
I9't5
igVt-BoTWnlier..
Decem^r
.
as. 005
230.630
1945-Januflry..
232,lt0«
fcbruaiy.
233.707
233.950
March
ijprll
235.069
K«y
June
238,<'^2
July
262,0lt5
258,682
9i.Ztk
57.679
1/
13,081*
8.958
6,199
•.776
7,U7?
13.166
7.19'*
303
17.911
11,81*7
6,557
10.201*
26,901*
1(0.
65U
9.l*?5
10, 71*1
l*,2l*l
596
1,1*U2
5.376
8.318
lO.Ull
131*
6
89!)
18,790
3"*, 183
170
1*28
6.836
1*.150
Sll*
u,552
5t
89
109
^P
8,701
7.760
I107
1*57
10.7110
I*.
1*1*9
12,229
11*7
1*,8U
1,579
369
681
10,727
1*.1«7
9.1*66
20,80U
757
Z/
of indebted-
Bl-
i/
ness, special
series 2/
chan^B
5.51*2
U.625
5,166
5.301
5.680
8,851*
523
567
2,671*
l,Ol*l
3.035
2,812
1.1*73
2,11*6
3,11*2
2,896
U.lli
5.332
l,lW2
18.790
9,885
*.150
1*71
15
7
5.903
7.262
7.370
U,6lt9
11*
U.1U7
12
1*,8U
1,579
lU
12
9,2^7
'*,187
11
6,122
2,1*70
1*88
19
'*,336
519
U,818
7!W
5
3.1*1*1
l6l
180
10,118
6,575
7,596
6,991*
3it.i83
5.801
6.077
8,066
21*
7,61*3
2.978
1,751
303
17.:
6,651
6.931
6,133
9.785
19
Iklly Treasury Statements.
Less than $500,000.
Szclndes certificates of indebtedness. special series.
5.852
*.6i(9
37
6.3O8
10,969
ll*,l*10
Special
Issues
Cash
11.853 5.816
13.703 8,693
58.358 33.671*
89,478 63,202
121,1*80 77,U08
1
10,«37
9.915
ll,l6g
8.881
9,809
10, 638
3.11*2
U6
12, 616
9.01*3
6.91*3
2.159
2.567
3.151
1
1
7,169
6,879
7,782
i.iao
3.763
19.850
516
1.1*99
2
7.630
12,1*71
Certificates
Total
chants
2,978
1,751
2.67U
3.035
2,812
11*1
17,8U7 10,1*62
37.161* 30,388
122,632 91*. 961
153.785 123.958
179.159 129.663
Special
issues
13
7
8
1,669
12,0ll0
3.52*
Source'.
•
1U,121
9,589
9.621
1.T78
l.JOO
2U2
261,817
265, 3U2
.
1/
idjosted
profits
service
tax refOnd
bonds
bonds
71
51
October .
SoTeBber
.
Cash
10,928
22,762
Septemter.
.
Total
11.597
27.178
3,362
956
-980
. .
Public issues
Pabllc Issues
Oertlflcates
of indebtedness, special
series 2/
",761
15.S26
263,001
262,020
iu^st
^bllc debt expenditures
CSetlrement of public debt)
Pabllc debt receipts
(Issoance of pabllc debt)
2,1*70
'•,336
^3^
3,1*1*1
103
1*7
Consists of special series of certificates of indebtedness issued
directly and solely to ftderal Beserve Banks.
Ck)inpo6ltlon of the Interest-Bearing Public Debt
Interest-bearing pabllc debt outstanding
(In millions of dollars)
Percent of Interest-bearing pabllc debt
Pabllc Issues
Pabllc Issnes
of fiscal
year or month
!!nd
Votes
Total
Mscrkat-
able
1936
1937
1938
1939
32.989
35,800
36.576
39,886
17.368
191*0
1*2,376
26,751
191*1
191*2
1*8,387
30,1*11
71.968
135.380
38,281
57.716
20,131*
22.01*3
25.U1I*
1914*
199.5'*3
79.1*1*0
191*5
256,357
106,61*1*
19ltU-SoTember
.
Oscember
.
19l*5-Jsnasi7...
lonmarketahls
Harket]>le
1,261
1,138
1.556
2.151
3.166
11.381
10.617
1*.555
10,1*96
21,701*
5.698
6.689
9.168
;5.298
17.1*05
n'.090
ao,77i*
228,891
81,298
91,781
39.018
230,672
1*1,071*
17.936
23.039
92.1*17
92.51*5
1*1,858
231.851*
232,026
92,572
1*2,885
23.039
23.039
18,588
.^11
233.063
235.761
256,357
92,572
92.572
w!u87
18,588
18,588
106,61(1*
1(6,090
23,'*97
108,085
108,367
1*7,021*
260.7116
.
KV
Jane
1*2,1*18
July
August
September.
259.781
259.630
107,21*1*
1*7,231
1*7.257
October..
BoTember
259.1t?9
107,21(4
1*7.296
262,8
109,566
U7.970
.
Source:
Sally Treasury Statements.
Special
Issues
of
2.351*
2.303
1,154
I.308
1.302
3.015
Total
indebtedness
6.383
March
mbroary
Honnarkatable
9.11*7
7.21*3
23.1*97
Votes
Oertlfloates
1.603
2.508
626
1.558
2,676
4,775
100.0
100.0
100.0
100.0
100.0
52.6
56.2
60.3
63.7
63.1
6,120
7.885
10,871
14,287
18.812
100.0
100.0
100.0
100.0
100.0
62.8
53.2
1*2.6
100.0
100.0
38.6
40.1
3.
no
3.096
16,561
28,822
11*. 731*
3l*,l36
17,041
16,1*05
9.8l»3
29.51*5
30,1101
16,428
16,583
16,326
16,403
16,399
16,921
16.688
17,130
17.567
100.0
100.0
100.0
17,o4l
17,049
17.041
17.923
18,592
18,812
100.0
100.0
100.0
7.1*95
9.557
10,136
9.990
9.861*
30,1(01
9.927
30,396
8,91*8
34,541*
9,109
10.031
10,136
34,478
34,442
23,1*98
23,1*98
23,1*98
10,119
34,472
23,1*98
23,1*98
3l*,136
U.864
HonMarketnarkstable
able
3.8
^i
7.5
Marketable
Certify
loates
BonnarkBt—
able
Bills
of
Indebtedness
71
3l*.5
29.7
25.0
18.2
15.1
11.8
9.3
6.8
6.1*
3-2
3-3
3-1
1*.2
i*.3
8-7
u
9.2
4.0
12.2
14.4
13.3
!'•'
ll*.0
17.9
8.5
10.1
•.3
13.3
40.1
39.9
39.9
18.1
18.3
18.5
10.0
9.9
8.0
39.7
18.6
lU
18.
18.0
8.0
7.9
9.2
18.1
18.1
18.2
18.2
18.2
10,11*8
31*, 1*30
35,072
17.025
17.038
17.018
19.558
20.033
20.519
100.0
100.0
100.0
41.6
Ul.6
9,021
8,776
9,058
35.021
35.021
17,026
17,026
20.577
20.710
100.0
100.0
1*1.3
1*1-3
U1.7
14^6
16.0
17.7
18.0
18.
13.2
Special
issues
1.9
U.3
7.3
9.5
11.3
7.1*
12.6
11.0
8.0
7-2
6.6
7.3
7.8
7-2
7-9
7.1
3.3
3.5
8.8
14.9
7.1
7.1
7.3
ll*.<
7.3
1:1
4.0
li*.6
13.3
u
7-7
7-9
7.3
9.0
9.0
9.0
3.9
3-9
3-5
13.3
13.2
13.5
6.6
6.5
6.6
7.5
7.7
7.9
9-1
8.9
3.1*
13-5
13-3
'.3
3-9
«.l
7.6
7.9
7.9
January
1^6
2?
Detailed Statement of the Public Debt and Guaranteed Obligations
of the United States Government
PART A
-
FISCAL XEARS, 1936-19lt5
(In Billion* of dollars)
z\
Detailed Statement of the Public Debt and Guaranteed Obligations
of the United States Government - (Continued)
Part a
FISCAL YEARS, 1936-19U5-( Continued)
(la ollllone of dollars)
Treasuru BaJletin
January
l^d
?5
Detailed Statement of the Public Debt and Guaranteed Obligations
of the United States Government
(Continued)
PAHT B
-
K0NTH1,Y i3ATA-( Continued)
(In mllllone of dollars)
Treasury Bulletin
26
INTEREST- BEARING PUBLIC DEBT AND GUARANTEED OBLIGATIONS
OF THE UNITED STATES GOVERNMENT
DOLLARS
eiiiioni
Public Debt and Guaranteed Obligations
1936
^
'37
38
39
40
41
42
END OF FISCAL YEAR
43
44
45
Nov 30,
^
1945
Office of the Secretary of the Treosury. Division of Research and Statistics
1936
^
37
38
39
<»0
>»l
42
END OF FISCAL YEAR
H3
44
46
Nov 30,
'
1945
B-462-B
..
)
..
..
1946
January
'
27
Guaranteed Obligations Held by the Treasury
^
[In millions of dollarfl)
Ibd of fltcsl
year or oonth
Commodit7
Credit
Corporation
Total
U,030
3.630
883
273
1936
1937
1938
1939
igw
vA
19U1
19M2
302
U.079
7.535
10.717
12,169
igitj
191A
19'»5
Federal
Tarn Mortgage
Corporation
Federal
Public Boating
lutbority
Reconstruction
Finance
Corporation
Home Owners
Loan
Corporation
Tennessee
Valley
Authority
'».030
25
15
U
10
25
ll*0
7
52
20
5.033
8,Ul6
9,020
57
57
57
57
57
9.201
9.206
57
57
9.239
9,213
9,067
57
57
57
1.950
900
1,591
36i
108
8p
27U
283
398
383
1(00
2l*3
20
ao
263
551
as
580
1,010
19Ul(-)ioTemtier.
II.U60
11.1(91*
1,099
1.155
266
258
398
398
U39
December.
II.50U
11.735
11.563
1,173
1,588
1,596
250
128
121
398
387
351
11,602
1,762
116
1,51*6
HI
398
398
30 1*
u,3ao
12.169
1.591
108
383
1,010
8,965
8,927
9,020
57
57
57
July
Auguat
September.
12.U68
12.U27
1.602
1,67?
326
12.1*92
1,721*
130
383
383
383
987
961
9UU
9.113
9.202
9.255
57
57
57
October...
SoTBmber.
12,269
I2.I9U
1,688
1.625
HI
383
91*
383
922
900
9,109
9.136
57
5T
igltJ-January..
February.
March
.
April
Hay
June
.
Source:
.
.
Ireasoiy Stateoents.
Less than $500,000.
fiEdly
1*20
398
398
11*6
1/
321*
281
Ibese securities are not Incliuied in preceding stateoients of guaranteed obligations outstanding.
Computed Interest Charge and Computed Interest Rate on the Public Debt and Guaranteed Obligations
of the United States Government
(iaoonts Is millions of dollars)
End of fiscal
year or month
Interest-bearing
debt outstanding
Computed
annual
interest
chargs
Co flouted
annual rate
of Interest
(Percent
1936
1937
1938
37.707
1*1.1*28
1,068
1939
U5.336
1.11*9
I9I4O
1*7.87'*
1.203
!iO,l*65
1.01*7
191*1
191*2
5>t.7U7
19't3
139,1*72
19*
201,059
256.766
1,335
1,729
2,759
3.869
U.969
212,
76.517
19'*5
nnmml
Co^uted
mnual rate
intsreet
charge
of interest
(Percent)
Cosputsd
Interest-bsarlng
dabt oxit standing
(In millions of dollars)
(In millions of dollars)
970
Guaranteed obligations 2/
Public debt 1/
Public debt and guaranteed obligations
2.573
2.588
2.57?
32.989
35.800
36.576
39.886
8l*5
92!*
2.53'*
2.51'*
1*2.376
9U7
1.037
1.095
2.1*38
1*8,387
1.218
71,968
l,6l*U
2.260
1-978
1.925
1.935
135. 380
2,679
199,5^*3
3.81*9
5.961*
256.357
2.518
285
979
929
936
2l*l«
U.093
1.928
1.916
210,77'*
i»,073
lt,Ul3
228,891
'».393
932
919
232,168
232.968
233. lUS
it,U57
1.920
230.672
'*,'*37
1.921*
l«,l*82
1.921*
231,851*
l*.l«88
1.925
232.026
14,1*65
i*,l*72
1.926
1.927
April
Hay
June
23l*,19l*
1*,512
U,570
It, 969
1.927
1.929
1.935
233.063
235.761
256.357
*.'*96
236.912
256.766
'*,553
U,96l*
1.929
1.931
1.936
July
August
September.
260,265
261.261
260.156
5.051*
1.91*2
l.9i»3
259.781
5,01*8
1.9'*3
260.71*6
5,071
1.9U5
1.91*2
259.630
5.01*1*
1.91*3
October...
HoTamber.
259.980
263.386
I.9U3
I.9U9
259.1*39
262.81*9
5.0U5
5.126
1.91*5
December..
19l*5-January.
.
February.
March
5,078
5,051
5.052
5.133
1-950
'•,853
5.'*50
5,U98
Co^uted
annual rate
interest of Interest
charge
(Percent)
(In millions of dollars)
2.562
2.582
2.589
2.600
2.583
230,361
19Ul|-S6veaibsr.
Confuted
Interest-bearing
debt outstanding
.
Treasury Bulletin
28
statutory Limitation on the Public Debt
Section 21 of the Second Liberty Bond
as amended, provides that the face
amount of obligations Issued under authority of that Act, and the face amount of
obligations guaranteed as to principal and
Act,
interest by the United States (except such
guaranteed obligations as may be held by
the Secretary of the Treasury)
shall not
exceed In the aggregate 1300 billion outstanding at any one time.
,
Table I.- Condition as of hiovember 30, 1945
(Is
Blllleu of dollars)
of seeorltlet vfaloh mi^ b« oatftandln^ at uar oxw time, tmdor linltatlona inposed Ij Section 21
of the Second Llborty Bond let , aa inanded
MaxiBiaia aooant
iDOottt
300.000
of •eenrlties oatstandlng abject to each atatutozy debt Hidtation:
QoTemnant •ecnrltlos ieeoed under the Second Uherty Bond iot, aa asended 1/
n. S.
27?*106
Ouaranteed eouritiee 2/
553
Total amount of eeourltiee outstanding sul)Jeet to etatutozy debt llDltatloa
275.659
Balance iasuahle under such anthorltj
1/
2lt,3ltt
Ibr eonparlson with the public debt oatetaadlng, see folleolnc
table 2.
2/
Izclndas guaranteed ••oorltiee held by the Treanty.
Table 2.- Analysis of U. S. Government Securities Outstanding Subject to Statutory Debt Limitation
and Comparison with the Public Debt Outstanding, November 30, 1945
(In mllllonB of dollars)
tl.
S.
OoTenment
Bacurltles outstanding
\ibject to
statutory debt
llndtatlon 1/
fotal
public debt
out eta
Interest-bearing securities;
HaxScetable issues:
Treaauiy bills
Certificates of indebtedness...
Treasury notes
Treasury bonds
Postal saTlnge and other bonds.
17.026
35.021
23.U9S
109.371
109.371
Total marketable issoee
lgU,9i6
185,112
17.026
35.021
23.'*98
laL
JTon-oarketable Issuaal
Current redemption value.
3. saTings bonds
Maturity value
Treasury tax and saTlcgs notss.
Depositary bonds.
52,260
9.058
*97
9.058
Total non-naitetable issues.
67,815
57.028
n.
U7.it73
I
Special issues to Oovenment agenoies and trust funds.
't97
20,710
20,710
273. uia
262,850
Prepayments.
192
192
Matured securities on vhloh Interest has eeased.
ao3
209
139
1.131
139
1.131
821
1,270
2,092
275.106
265,3112
Total interest-bearing secicritles
Obligations bearing no interest:
Uhited States savings stands
Sxoess profits tax refund bonds
Currency itms. etc. 2/
Total obligations bearing no interest.
1/
2/
Llmitationa are eetabliahed by Section 21 of the Second Liberty.
Bond Act, as aiDended.
Oonslgta of United States notes (less gold reaerve); deposits for
retirement of national bank and Federal Bsserve Bank notes; and
other obligations bearii:g no intereat
.
..
JatuKoy
t^6
29
Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States 1/
As of November 30,
1945
(In millions of dollars)
Detailed annual maturities
Tear
and
month
Description of security 2/
(Date of issue is shown In parentheses)
Trees, bills
2-1/256 Treas. bond, I2/I5/U5
3/U<S
Treas. note, 12/15/U5
7/g)S
Certificate, 12/1/U5
19145-Dec.
(12/15/37)
(12/lg/ItO)
(12/l/lA)
Tax
statue
_2/
taxable
partially
taxable
taxable
Total
19U6-Jaii.
.
Jeb... J
1/1/U6
I/I/U6
(I/I/16)
(12/l/lA)
Treas. bill B
Certificate,
7/gi6
2/1/1(6
(2/1/U5)
3/l/'»6
Certificate,
Treas. note,
Treas. bond.
3/15/U6
(3/l/'»5)
(11/1/1»1)
3-3/ltit
3/I5/I46-56
(3/15/26)
7/856
Certificate,
V^M
lis
jjpr.
May...
June.
51*1
531
'(.395
(Vl/"*?)
7/8)t
Certificate,
yf,
Treas. bond,
6/15/U6-l|«
{6/I5/3W
3-1/8)6 Treas. bond,
7/8<S
Certificate,
6/15/1*6-1*9
(6/15/31)
S/l/Ufi
(S/l/l*)
6/1/U6
(6/1/1*5)
taxable
wholly
taxable
6.559
16
3,Ui6
taxable
5,252
5.0U3
taxaMe
taxable
taxable
partially
1.291
taxable
U.Sll
l*.ll*7
1*89
taxable
1.579
partially
partially
taxable
1*,799
1,036
819
0.90!b
Treaa. note.
7/1/1*6
(6/I/U5)
taxable
l*,910
Aug.
..
7/5S
Certificate,
8/1/1*6
(8/I/U5)
taxable
2,1*70
Sept..
7/S?5
Certificate,
9/1/1*6
(9/1/1*5)
taxable
'*.336
Oct...
7/858
Certificate,
10/1/U6
(IO/I/U5)
taxable
3,1*1(0
Dec...
1-1/2^ Treas. note, 12/15/1(6
(6/5/1*2)
taxable
Total
Sept.
wholly
Conversion bond,
1/1/1*7
(1/1/17)
3/I5/U7
(6/26/1*1*)
taxable
1,91*8
1-1/2)6 Treas. note,
9/15/1*7
9/15/1*7
(7/12/'»3)
US/l/m)
taxable
taxable
2,707
1,687
1-1/1*)6
Treas. note,
Oct..
1(-1/1(5S
Treae. bond. 10/15/1*7-52
(10/16/22)
partially
Dec.
256
Treae. bond, 12/15/U7
(12/15/38)
partially
25s
2-3/l*)6
3)6
June.
l-3/l(i6
3/15/U8-5O
(3/15/1(1)
3/15/1*8-51
(3/16/36)
taxable
partially
Treas. bond.
Treas. bond,
6/15/1*6-1*8
(6/15/31*)
(12/1/1*2)
partially
taxable
3,062
(3/15/38)
(3/15/l(l()
partially
taxable
3,7^8
(12/8/39)
partially
Sept..
2-1/25! Treas. bond.
1-1/256 Trees, note,
Dec.
256
.
9/15/1*8
9/15/1(8
Treas. bond, 12/15/1*8-50
.
Sept.
571
3-1/8)6 Treae. bond,
6/15/1(6-1*9
(6/I5/3I)
Treas. bond,
6/I5/U9-5I
(1/15/1*2)
partially
taxable
1,011*
256
Treae. bond,
9/15/1*9-51
(5/15/1*2)
taxable
1.292
3-1/856 Treas. bond, 12/15/U9-52
2-1/2)6 Treas. bond, 12/15/1(9-53
(12/15/36)
Treas. bond, 12/15/1(9-51
(7/15/'*2)
partially
partially
taxable
1.786
2,098
2)6
(12/15/3l()
I19I
6,682
Total
1950-Har..
Treas. bond,
Treas. bond,
3/15/1(8-50
(3/15/1*1)
3/15/50-52
(10/19/U2)
2-1/2)6 Trees, bond,
2)6
256
Sept.
Dec...
2,910
256
.
I
759
1,115
1,223
7.261
Total
igUg-June
759
701
Treas. bond,
Treae. bond,
6/15/1(8
1.855
13
7.057
Total
19l;S-Mar...
3,261
55.819
l-l/UjS Treae. note,
356
Mar..
rirst
call
5.215
July.
19U7-Jan.
Callahle Issues
classified by year of:
10.682
Treae. bills
3i6 Conversion bond,
Treas. note.
.90)6
7/8#
Mar...
rixedmaturlty
Issues
Treas. bond,
9/15/50-52
9/15/50-52
(9/15/38)
^
2)6
Treas. bond. 12/15/U8-50
(12/8/39)
I 1-1/256 Treas. bond, 12/15/50
Total
(lt/15/l(3)
(6/1/1*5)
taxable
taxable
partially
taxable
partially
taxable
2,635
2.635
Total
nnal
maturity
"""^'aT
71 zed-maturity
Issues plus
callabls Issues
classified hy
year of first
call
maturities
yixed-maturlty
issuea plus
callable Issues
classified by
year of final
maturity
30
Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States^
As of November 30, 1945 - (Continued)
(In
T«»r
and
Bontb
illlona
of dollar*)
Treasury Bulletin
January
1^6
31
Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States ^
As of November 30, 1945 - (Continued)
)
Treasury Bulletin
32
Offerings of Marketable Issues of Treasury Bonds* Notes,
and Certificates of Indebtedness
Date
Bui) scriptlon
terme of
offering
were
ooBDoerclal
(Period to first call
shown in parentheses)
(Date of Iseue ie shown In parentheeea)
were
opened
anzLounced
Period to Baturltj
Description of eecurlty
liookB
Earliest
data
on lAlch
y
hfuika
may own
restricted
ianieB 2/
Aaoimt lasuad
ADonnt
of cash
enbecrlptlone
t endered
Total
Iter
cash
In
exchanc*
for other
eeuritlee
2/
(In Billions of dollare)
3rd War Loan eeourltlee:
2-l/2!8 Trea>. l)ond-12/l5/6U-69
8/16/1.3
9/9/1*3
2!f
T/Si
IO/6/U3
8/16/1.3
10/6/1.3
^
lo/e/usj
10/6/1.36/ [
11/22/1.3
11/22/1.3
Certificate - lO/l/W
2-1/2* Treae. bond - 12/15/61.-69 kj
Troas. bond - 9/15/51-53 5/
2*
Certificate - 12/l/lA
7/8it
7/8)f
4th War Loan aeourltiea;
11/22/1*3
1/18/1
l/sk/kk
Treas. note .90*
2-1/2* Treae. bond -
3/2/1*
3/2/l*l*<
bond 1-1/2* Treae. note Certificate 7/8*
Certificate 7/8*
3/22/lA
3/22/lA
II/2U/14.
li/2lt/lA
2-1/1** Treas.
7/20 /lA
8/2U/1.1*
g/2U/l.l.
9/20 /W.
6/12/W
7/20/lA
8/2U/1A
8/21./W*
9/25/1*1*
11/20/*
11/17/1*1*
11/20/Ul.
11/17/1*U
11/20/Ul.
1/22/1*5
2/19/1*5
3/22/1*5
I./19/U5
1/22/1*5
2/19/1*5
3/22/1*5
V19/1.5
(2/1/1*1*)
{2/1/1*1*)
Certificate Certificate Treas.
note-
Certificate -
1./
(2/1/Ul*)
(2/1/1*1*)
9/15/'*8
I./I/I.5
(3/15/'*4)
(U/l/Ul.)
5/1/1.5
(5/1/1*1.)
8/I/I.5
-
(2/l/lA)
(6/26/1*1*)
(6/26/1.1*)
26 yr.l m
15 yr,7 B
1 yr
yr.l In
yr
yr,6 m
yr,6 m
yr
yr
25 yr.9 B
10 yr
2 yr,9 m
(6/26/lA)
(8/1/1.1.)
9/I/U5
(9/1/1*1.)
3/15/1.6 U/
IO/I/I.5
('2i'yr!2 n) 5/
(
7 yr.llB)
1*,122
3.779
5.257
U.122
5.391
3.519
1,580
1,939
5! 532
2,729
i!627
1,102
3,9*0
3.779
5.257
U.122
9/15/53
5/
3.779
5,257
59
59
3.5"*0
2/1/5U
(21 yr.l m)
(12 yr.7 m)
9/15/W
(21 yr) 8/
(12 yr,6^) 8/
2.212
3.728
5.0U8
2/1/51*
9/15/'t6
2.212 1/
3.728 1/
5,0l*8
ll
2,212 2J
3.728 2/
5,0l*B
1/
2.127
77
95
2,127
3.71*8
3,7^8
It, 877
1,615
77
5.877
1.615
(ll/l/Ul)
(lO/l/UU)
(20 yr,9
8 yr)
(
)
2/
2/I/5U
11
2,909
5.825
2.909 ll
5.825 1/
1.91*8
1*.770
1,91*8
l*,770
1 yr
1 yr
1 yr,6B 10/.
1
1/
1/
2,909 1/
5.825 ll
1.91*8 1/
It,
770 1/
2.511
2.511
3.691*
3.691*
yr
788
788
3.1*92
3.1*92
_2/
1-1/1** Treas. note- 9/15/1*7
Certificate- 12/1/1*5
7/8*
-
9/15/53
J_/
2-1/2* Treae. bond- 3/15/66-71
Treas. bond-12/l5/52-5'»
2*
Treas. note
.90*
2-1/2* Treas. bond
Treas. bond
2*
1-1/1** Treas. note
Certificate
7/8*
Certificate
7/8*
Certificate
7/8*
Certificate
7/8*
1 yr
26 yT,2 m
9 yr.ll m
1 JT
(2/1/W)
3/1/1*5
3/15/65-70
6th War Loan Beourltlea:
IO/23/M.
(2/1/1*1.)
2-1/2* Treas. bond- 3/I5/65-7O U/
Treas. bond- 6/15/52-5!.
2*
l-l/U* Treas. note- 3/15/1*7
Certificate- 6/1/1*5
7/8*
7/8*
7/8*
1*
7/8*
(9/15/1*3)
(9/15/'»3)
(12/1/1*3)
9/15/56-5957
3th War Loan aecurltiea:
U/11./1A
(IO/I5/I.3)
(21 yr,3in)
( 8 tt)
J/
2-1/2* Treao. bond- 3/15/65-70
2-1/1** Treae. bond- 9/15/56-59
Certificate- 2/I/I.5
7/8*
\/2l./Wl
yr,3
yr
yr
(9/15/1.3)
(9/15/1*3)
(9/15/1.3)
Treas. bond- 9/15/51-53
Certificate- 9/1/lA
1/1/1*6
(12/1/1*1*)
(12/1/1*1.)
(12/1/1*1*)
(12/1/1*1*)
(12/1/1*1*)
3/15/66-71 11/....(12/1/1*U)
- 12/15/52-51* 11/
- 9/15/1*7 11/
2/1/1*6
3/l/'*6
V1/U6
5/1/1*6
(12/1/1*1*)
(12/1/W*)
(2/1/1*5)
(3/l/''5)
(i*/l/l*5)
(5/1/1*5)
26 yr.3 m
10 yr
2 yr,9 »>
1 yr
1 yr.l B
26 yr.3 D
10 yr
(21 yr,3 a)
8 yr)
(
I2/I/5I*
3,1*1*8
7.922
1.550
'*.395
(21 yr,3 m) 12/
8 yr) 12/
(
1
1
y
3,1*1*8
1/
7,922 1/
1.550 1/
1».395 1/
3.1*16
3,1*16
7W
71*0
12/1/5"*
2 yr.9Bl2/
1 yr
1
3.1*1.8 1/
7.922 1/
1.550
l'.395
1/
yr
yr
yr
5.01*3
5.W3
l*,ll*7
lt,lU7
1*,811
U.811
1,579
1.579
7th War Loan securltlea:
]^/
2-l/2ii Treas
bond- 6/15/67-72
2-1/1** Treae. bond- 6/15/59-62
.
t/ll/ltS
5/21A5
7/23/1*5
8/20/1*5
5MA5
5/21/1*5
7/23/1*5
8/20/U5
(6/I/I.5)
27 yr
17 yr
(22 yr)
(ll* yr)
6/15/62
6/15/52
7.967
7.967 1/
5.281*
5.281* 1/
2.635
'.799
2,635 1/
7.967 1/
5.281* 1/
2.635 1/
l*.799
1/
1-1/2* Treae bond-12/15/50
Certificate- 6/1/U6
7/8*
(6/1/1*5)
(6/1/1*5)
(6/1/1*5)
7/l/t6
(6/I/U5)
1 yr.l m
l*.910
l»,910
8/1/1*6
(8/1/1*5)
(9/1/1*5)
lyr
lyr
2.1*70
l*.336
It.
.
.90*
7/8*
7/8*
Treae. note
Certificate
Certificate
9/1/W
5yT,6B
lyr
l*,799
1/
2,1*70
336
Viotory Loan Becurltlee:
9/12/'*5
10/29/1*5-:
2-1/2* Treae. bond-12/15/67-72
2-1/1** Treas. bond-l2/l5/59-62
Certificate- 12/1/1*6
7/8*
9/2U/U5
U/l9/!*5
12/17/1*5
(U/I5/U5
(ll/l5/l*5)
(12/3/1*5)
9/2U/1.5
7/3-;;
Certificate-
10/1/1*6
(IO/I/I.5)
11/19/1*5
12/17/1*5
7/8*
Certificate -
II/I/U6
7/^
Certificate-
1/1/1*7
(12/l/'45)
(1/1/1*6)
27 yr.l m
17 yr.l m
1
1
(22 yr.l n)
(lU yr.l m)
yr
11 m
1
yr
Back Piguree: lor period December ig^+l throu^ July 19'*3' soe "Treaa^iry
Bulletin" for November 19UU, page 32.
Prellninary.
In the cnse of the reopening of a prevloualy offered aecurlty, the
1/
period to first call and to maturity are calculated from the date
interest coainencea on the reopening.
Hestricted laaues are those which oommarclal banke (defined for this
purpose as banks which accept demand deposits) are not permitted to
acquire prior to a pacified date, with two exceptions:
(l) concurrently with the Uth, 5th and 6th War Loans and the Victory Loan,
coninercial banks were permitted to subscribe to the restricted issua offered in the War Loan for limited investraent of their saTrlngB
deposits; (2) coinmerclal banks may temporarily acquire restricted
issues through foreclosure vhaa such issues have been uaed as
collateral.
12/15/62
12/15/52
10.g29p
iftgagp
10tg29p
3.039P
3.039P
3.721p
3.0J9P
3.72IP
3. Tap
yr
5/
jj
Zf
2/
10/
11/
12/
3,i*iio
3.778
3,320p
3.T78
3.320p
GoTomment agencies and trust funde.
Reopening of prerloiiely offered security.
Interest conmenced on October I5, 19^3.
Announcement of exchange offering was Included in esnoTSicement of
Third War loan. August 16, I9U3.
Figures on amount of Var Loan securities issued conaist both of
amounts issued in connection with tha Drive, and of amounte issued
concurrently with Drive to comnerclal banks and to Treasury investment account s.
Interest commenced on Ilarch I5, I9UU.
Intereet commenced on June 26, I9HU.
Interest commenced on September I5. 19^This Is the same security that was offered in the Sixth Var Loan.
Exchanged as of December l^. 19^ a°d accrued Interest charged from
December 1 to December 15*
U. S.
kf
5/
3,1*1*0
.
Janaary
.
.
t946
33
Disposition of Matured Marketable Issues of Treasury Bonds, Notes, and Certificates
of Indebtedness and Securities Guaranteed by the United States
Oftta
of
Aaount of
BsgorlptlOD of called or mattirinf
eocurltj 1/
for «xehAn«e
tranoaetlon, ox
of retlr«D«Bt
for c&sh
aturlDC
or called
teoorltjr
(Qktfl
of Itrae It ahown la parentheaai)
iaonnt
for catb
ratlreaent
inouBt
exchanged
Sttoriptlon of aav
aaoujitj offered
Percent
exchanged
oattttndlnc
truuaotlOD
(In mllllone of dollare)
8/2/U3
9/I5A3
T/S*
1)1
Cartlfloata Iraaa. nota -
g/l/'t3
9/l5/'»3
lO/lS/ltJ
3-l/U)6 Iraaa. bond - 10/15/It3-Il5
10/15/43
7/8*
7/8*
12/l/l»3
2/l/UU
2/l/Wl
Cartlflcata - II/I/U3
Certificate - 12/l/lt3
l-l/Sit Treat, note - 12/li/>ii
l-3/8j( rPHi note
7/g)t
7/S(
9/1/ltlt
Y/efi
12/15/Wt
j/iAS'
3/1 As <
t/l/t5
5/l/t5
e/i/us^
260
U21
llU
2,211
llU
8U
(2/1/39)
tiond
}/l5/>lH-9l
-
(3/l5/3'<)
5/15M-U9
(5/15/3^)
note
11/15/*
(7/3A1)
5/l/'A-52
EOLC
bond
(5/1/34)
3)(
U/l5/Ul(Ji«
(U/lfi/Slt)
3-l/U)t Treat, bond .
Treat, note - S/IS/W
1)(
(11/1/39)
6/15/W
Treaa. note
i/kli
(6/15/39)
Totala for exchange trantactlon of 3/15/'''*.
7/g)t
7/gjt
12/l/Wt
2.035
3.800
U21
(2/l/'»3)
TIMC bond
g/l/Wt
9/15/Ult
(ll/a/U?)
(IS/l/Us)
(lZ/15/38)
2/1/1*4
RK
5/1/w
"t/l/UU
239
2/l/lrt
1)(
3/UJl
1*
53
279
l.UOl
-
35(
1.609
279
.(10/15/33)
Certificate-
3-l/U* rlMC
3/15/*
(g/l5/l»2)
(S/lj/ltO)
19
95
835
571
779
1.519
515
U16
130
12
175
296
.11
U.729
1.161
83
2-1/2* Treaa. bond - 12/15/6U-69
treaa. bead - 9/15/51-53
2*
1.939
3.5U0
95
93
7/8*
Certificate
Certificate
lO/l/UU
12/l/UU
2.127
96
.90*
treaa. note
3/I/U5
76
705
80
m
1.223
US3
270
8U
98
3.919
65
83
93
98
99
90
'"•
U,122
U28
U.877
1.615
2.511
3.69U
(l/31/ltl)
9/l5/Wt
9/15/"*
(12/22/39)
Totala for ezchan^ trantaction of 9/15/U4.
635
283
33
98
602
185
918
130
788
(IO/15/U3)
(I2/I/U3)
3.519
3.5UO
r%
3.U92
3.U16
(12/15/2U)
1.037
126
911
92
96
99
(5/l/"»3)
8/1/Wl
9/1/Wt
(g/2/U3)
(9/15/^3)
Treat, note Treaa. note -
7/8)1
Certificate
-
lO/l/Wt
7/8*
Certificate-
IZ/l/ltU
kH
Treat, bond - IZ/l^/V*-^
7/8)6
Certificate
-
2/l/lt5
(2/1/*)
2/15/1*5
(7/2l/'H)
5.0U8
Ul2
uco
-
Totalt for exchange traneaotion of 2/l/^...
5.U6O
U16
U,6U9
395
5.OU3
2.109
l-l/g)t OCC note
j/U^
17
7/8*
•90*
U/l/UJ
5/1/U5
Certificate
Certificate
Certificate
Cartlfleat*
9/l/»5
3/l5/U<
«
Certificate
treat, note
9/I5/U7
12/15/52-5U ,
3/15/66-712/
1-1/U* treat, note
treaa. hand
2*
2-1/2* treaa. bond
>-7/8*
Certificate -
2/I/U6
•7/8*
Certificate -
3/1/U6
92
(2/l/UU)
(3/15/UO
(9/25/U2)
2,127
18
1.^6
225
60
Totalt for exchange traneaotion of 3/1/U5'"
U.U51
30U
U.1U7
93
(U/l/UU)
(5/l/UU)
U.S77
1.615
66
35
U.Jll
1.579
99
98
7/8*
7/8*
Certificate Certificate -
U/1/U6
5/1/U6
(6/26/UU)
6/I/U5
Certificate 7/8*
6/I/U5-U7
(6/1/39)
1-1/2* HOLC bond
Totalt for exchange trantaction of 6/I/U5...
U,770
755
5.525
583
32
615
U,187
723
U,910
88
96
i.90*
treae. note -
7/1/U6
-
8/1/U6
.9(«J
Treat, note Treaa. note l-l/UJt Treaa. note -
3/Ujt
3/15/U5
3/15/U5
7/8)1
Certificate -
U/1/U5
7/8*
Certificate-
S/l/US-."
u
89
(8/l/UU)
2.511
Ul
2,U70
9/1A5'
(9/l/UU)
9/1/U5
Oertlfleate 7/8*
(9/16/35)
2-j/U* Treaa. bond - 9/15/U5-U7
trantaction
of
S/l/Uj...
axehmga
Totala for
3.69U
1,21U
U,908
265
30T
572
3.U29
907
U.336
93
75
88
(lO/l/UU)
3.U92
52
3,UUo
99
1/1/U6
~
treat, nott -
7/8*
la/i/itsj
7/8*
7/8*
7/8*
7/8*
86
8/1A5
10/1/^5
9/15/56-59
3/15/65-70
9/15/U8
9U
37U
uo
(V15A3)
5/1/*
2-1/U* treaa. bond 2-1/2* Treat, bond l-l/3( Treae. note -
78
81
2.51*5
It/l/*
Certificate
Certificate
Certificate
8/l/UU
7/8*
5.251
1.6S5
Certincate
Oertlfleate -
97
1.556
7/g*
Certificate-
Oartlflcate
-
8/I/U5
10/I/U5
(12/l/UU)
(12/18/UO)
(12/1 5/ J7)
U.395
5W
I.U63
93
133
Totalt for exchange traneaotion of 12/1/U3.*
5.U67
1.689
Certificate- 12/1/U5
7/8*
3/l«
Treat, note - 12/15/U5
2-1/2* Treat, bond - 12/15/'l5
.30*
Treat, note -
1/1/1)6
(12/l/UU)
Back Piguree: For period December I9UI through July 19U3 eee
"Treasury Bulletin" for Korember 19Ult. page 33.
Prelljninki7.
p
3,Ul6
96p
1/
2/
1
7/8*
Certificate
7/8*
Oarttfloate -
9/1/U6
7/8*
Oartlfleate -
IO/I/U6
7/g<S
Oartifioate -
U/1/U6
7/8?
Certlfioate -
I/I/U7
67
2.932
U3g
U08
82
75
3.778
69
3.32OP
97P
'
Original call and maturity datee are uaed.
Hot available to coanaeTClal hanfca.
8
.
2
9
5
9
517
Treasury Bulletin
3^*
Offerings and Maturities of Treasury Bills
Table 1.- Description of Treasury Bill Offerings and Amount of Maturities
(Amounts In millions of dollars)
Doecriptlon of new Issue
Date of
laeue
IJlrt-NOT.
Nov.
Nov.
Nov.
16.
2U.
Nov.
30.
Dec.
Dec.
Dec.
Dec.
lU.
21.
28.
19l*5-Jan.
U.
Jan.
Jan.
Jan.
11.
Amount of bids accepted
Maturity
date
2.
igUj-Feb.
9.
Feb.
Feb.
Feb.
Mar.
7.
Mar.
Mar.
Mar.
Mar.
Apr.
Apr.
Apr.
Apr.
1.
8.
1>^.
23.
1.
8.
1;.
22.
29.
Number of
days to
maturity
91
91
91
91
91
91
91
91
91
Amount of
tide
tendered
Total
eiDount
2,2U0.9
1,311.0
2,261(.U
l,31't.3
1.932.1
2,078.5
?,06l.8
1,203.7 2/
1,300.6
1.113.';
1,97''.
1,2014.9
1,93U.L
1,207.0
1,217.2
1,202.3
2,Ol40.8
1,868,2
91
91
91
91
1,8U2.8
2,01(8.7
23.
30.
91
91
91
91
91
Sept
6,
Sept. 13.
Sept. 20.
Sept. 27.
91
91
91
91
12.
19.
26.
Oct.
Oct.
Oct.
Oct.
91
91
91
A-jg.
2.
Nov.
Aug.
Aug.
Aug.
Aug.
9.
16.,
Nov.
Nov.
Nov.
Apr.
Apr.
Apr.
Apr.
May
May
May
May
5.
12.
19.
26.
3.
10.
17.
2U.
Maj-
31.
June
June
June
June
lU.
21.
28.
July
July
July
July
7.
5.
53.
30.
July
July
July
July
Aug.
Aug.
Aug,
Aug.
Aug.
31.
7.
lU.
21,
28.
5.
12.
19.
26.
2.
9,
16.
k.
11.
18.
25,
91
15.
23.
29.
Sept.
6.
Sept. 13.
Sept, 20.
Sept. 27.
Dec.
Dec.
Dec.
Dec.
U.
19U6Jan.
3.
11.
18.
Jan.
Jan.
Jan.
10.
17.
2U.
Oct.
Oct.
Oct.
Oct.
Rov.
Hot.
Hot.
50T.
BoT.
25.
1.
8.
152329.
6.
13.
20.
27.
Jan.
F«b.
Job.
31-
I^sb.
21.
28.
Tet>.
91
7ll*.
91
91
92
91
91
91
qi
91
91
91
91
91
91
91
91
90
91
l,31'»,2
1.317.1
1,303.9
1,318.2
1,310.3
2,l61».0
2,092.1
2,109.3
l6,l*oli.5
16,1*1*3.7
1,218.0
1,312.6
1,313.9
1,303.9
l6,i*iU.7
16,1*05,1
1,311.0
16,1*08.1
l,31'».3
I6,l40l*.0
1,21*9.8
1,21*2.7
57.8
57.5
50.3
66.0
1,300.6
1,313.5
16,398,7
l,25';.l
'
1 21*9.6
1, 253.''
1 ,233.9
1, 25't.O
59.0
60.5
62.7
68.6
60.1
1,203.7
16,509,2
1,201*.
l6,6ll*.5
1,207.0
1,217.2
1,202.3
16.723.6
16,308.9
16,920.7
1,271.1
U6,0
60.8
63.2
56.0
1,201*.
17,032.8
17,033.7
1,318.1*
17,0U1.2
''9.5
1,315.8
1,310.2
1,300.1
1,308.7
17,039.8
17,037.0
17,oUU.3
1,2'*3.2
1,255.0
1,251*.
73.1*
1,303.0
1,302.6
1.3lU.l(
1.26U.8
1,252,9
1,255.1
1,262.1
1,263.0
2.071,1'
1,251.7
1,251,5
l,2U6,5
1,253-9
50,6
58.3
2,256.3
1.302.3
1,309.8
1,305.3
1,317.8
2.028.5
2,233.0
2,OUU,7
2,OU6,9
l,30U.o
1,310.6
1,305.5
1,312.1
1.253.0
1,252.7
1,938.6
2,008.2
2,006.0
l,956.U
1,986,1
1,317.0
1,318.7
1,267.6
1,265.3
l,3l''.5
1,257.''
1,310.6
1,309.0
1,260.3
1,306.1
1,302.0
1,306.7
1,300.6
1,257.6
l,2Ul.O
1,252.1
2,08lt,7
1,310.5
1,311,0
1,309.6
1,310.0
1,263.3
1,256.1
1,256,1
1,251,1
2,210.5
2,076.8
i.gUo.T
2,178.5
2.15^-7
1.318.2
1.316.7
1,316.7
1,302.1
1,316.0
1.267.0
1,261.6
1,273.8
51.3
1,317.0
1,318.7
!*2.9
1,31'*.
1,2**2.1
60.0
U6.2
1.310.6
1,309.0
2,112,8
2,2lt3.0
1,932.''
2,02l4.7
2,093.7
2,073.5
)
2,159,1
2,157.5
2, 01*8.0
Data on new leeues coma from Public Debt Servloe; amount of maturing
Isffae and total bills outstanding are on DEiily Treasury Statement
basis.
Baok Figures: Antwl Eapcrta of the Secretary of the Treasury.
H^rlsed.
r
Sourc«:
2/
16,1*58.3
l6,Ul*2.0
1,307.1'
1,313.1
If, 351*.
1,215.5
1,218.2
'*9.'»
2,012.9
2,029.9
2,067.9
2,OU3.1
1,307, It
16,156.5
16,259.9
16,1*1*9.8
1,258.0
1,252.7
1,310.2
1,316.1
1,302.5
l,3lU,o
May
June
June
June
June
Mar.
Mar.
Mar.
Mar.
Mar.
l,2lU.l
1,210.9
1,205.?
1.209.0
1,210.2
l,206.q
69.9
2,065.8
2,U36.U
2.085.8
2,075,2
2,022.1
23.
10.
17.
2h.
Total bills
outstanding
(as of date
shovrn In
first column)
l,21't.8
l,2lt8.1»
91
91
91
91
91
8.
IS
3.
65.1 1/
1.318,1'
1,315.8
1,310.2
1.300.1
l,30«.7
May
May
May
May
51.'*
51.5
75.9
2.056.7
2,027.9
1,891.8
1,888.0
1.
52.6
52.9
1,153.5
1,227.1
1,229.2
91
91
91
90
Feb.
Feb.
Feb.
Feb.
25.
50,1*
1.303.0
1,302.6
l,20lt.9
2,198,2
2,195.0
on
67.1
72.0
66.2
2,1165,0
2,157.''
5.
12.
19.
26.
1,260.6
1,261.7
1,2U7.7
1,262.1
1,138.6
Ajnount
flled-prlce
basis 1/
137.8
135.0
151.0
152.8
81
91
91
91
IS..
Amount on
competitive
basis
Amount of
maturlog
iBBUe (as
of date
shown In
first column)
1,237.'*
1,252.0
1.256.'*
5'*.«;
52.3
51,0
51."
16,393,9
16,1*03,3
16,'*03.>;
17,01*9.3
17,01*8.7
17.01*8.9
17,0Ul.l
63.9
1,310.2
1,316.1
1,302.5
1.31U.0
51.9
58.0
68.1
60,1
1,317.1
1,303.9
1,313.2
1,310.3
17,029,1
17,035,8
17,023,1
1*9.1*
l,31i'.3
53."
57.1
50.3
52.6
1,307.1'
1,307.1*
17.027.5
17,038.9
1,313.1
l,31l*.U
17, 031*. 7
17,037.5
17,0'*1,3
17.02l».9
17,01*5,9
17,oU3.5
17,038,1
1,302.3
1,309,8
1,305.3
1,317.8
17,01*1,9
17, 031*,
'»7.1
1,301*.
5'*,''
1,310.6
1,305.5
1,312.1
17,023,9
17.02U.3
l,2i*7.6
1,269.8
l,3li»,2
16,1*27.6
53.6
59.0
17,035.5
17,018.3
17. ''23.
17,026,"
17,027.6
17.025.6
17.027.9
17,019.1*
17,026.3
Commencing with the offering of Treamuy 'bills dated Hay 12, 19^3.
tenders for tills In the amount of $100,000 or less from any one
Mdder were accepted la full at a flied price of 99-905 P«r hundred.
This amount waa Increased to $200,000 or less commencing with the
offering dated Sovemter 30, 19!^.
Includes accepted Mds, the deposits for trtilch were not reflected In
the Bally Treasury Statement until the following month.
Janmny
/^6
OfferlngB and Maturities of Treasury Bills
-
(Continued!
Table 2.- Prices and Rates of Treasury Bill OfferlngB
Total
Date of
Issue
ATorage
lildi
aco«pt»d
2
. .
.
..
.
Treasury Bulletin
Sales and Redemptions of United States Savings Bonds
Table 1.- Summary of Sales and Redemptions, by Series
(In mllllona of dollare)
Sale a
iffloant
flecal 3r«ar
or month
outBtandln£
end of
fiscal year
or month 1/
Hot change
daring
flecal year
or month
Total
Katurltiea and redemptions
Aeemal
Salea to
Inrestora
other tbAn
Sales to
commercial
banka
comnierclal
of
redemption
Talnea
Original
porchaee
price 2/
baolcs
HI
+25l*.l
261*.0
+1*83.5
512.6
serlsa
^
1*38.0
*630.5
W7.5
19110
316.1
799.6
1.237.7
1,868.1
2.9OU.7
1,036.6
1,108.7
1941
lt,3lU.O
+1,1*09.3
1,1*92.1*
19'*2
10,188.2
21,256.2
+5,87U.2
5.99l*.l
5.99l*.l
igitj
11,068.0
11,788.7
191A
19U5
lU.SOfi.l
1*5,585.6
+13.350.0
15.1*97.7
11,788.7
15.139.5
358.1
+10,979.1*
W.890.8
ll».it6S.7
l*2U.l
65.0
87.5
127.6
223.2
387.0
38,308.2
iio, 360.8
+663.6
+2,052.6
1,023.1*
999.7
2.353.5
23.7
32. U
22.6
32.0
382. U
365.3
in.llto.3
1*1,698.2
'*2.159.5
+T79.5
1,071*. 2
81*8.0
1.073-8
1(6.7
3l(l.!»
8l|g.O
+U6l!3
889.1
889.1
33.0
36.0
1*2.625.6
1*66.1
837.6
837.6
U3.767.O
1*5.5^.6
1.11*1.1*
1,5*10.1
1,5110.1
1,818.6
2,178.1
1.890.5
327.6
1*3.7
1*26.5
1*03.2
Jtlly
1*6.908.2
1.29H.5
699.7
1.271.9
699.7
56.5
1*28.1*
l*6,71i*.«
+922.6
+ao6.6
+26.U
22.6
kagOMt ...
S«pt«Bber.
5li*.l
SlU.l
1*6,786,3
+1*5.1
1*7,1*72.8
+686.5
62U.5
1,183.6
1,183.6
1936
1937
1938
1939
19>l4-IIoTen\>ar..
Decanber.
19U5-Jaoiiaiy.
.
Harcli
i^rtl
May
Jana
Octoljer.
..
BoTfloAiar.
1936
1937
1938
1939
igw
19^1
igte
19U?
19IA
19U5
19>4lt-SoTam1>sr.
Dacosber.
igUS-Januaiy.
.
F«1}ruary.
March
i^rll
Kay
Ama
July
,
Aa^at ...
Sapteuiber.
Ootobar..,
Soveobar.
19H2
191*3
19IW
19U5
19UI*-BeTaiA«r.
Saoflmbar.
igUj-JairaaiT.
Tebnary.
March
^rU....
May
Jxma
Jnly
Ao^ast
.
SeptasAiar
Octoher..
BoTenbar.
1*6, 71*1.
1.2
7.2
17.1
28.0
6gl*.5
2.385.S
i
I
1,1*92.1*
62l*.5
1*2.1
32.0
27.8
11.2
36.2
66.6
82.0
111*.
3
11*8.1
207.lt
81*8.3
,2.370.9
1*,298.I*
^n
II03.6
531.1
528.)*
36.7
36.1
616.1
533.2
11.1
Interest
accmed
2/
Janaary
U
6
8
...
.
1^6
37
Sales and Redemptions of United States Savings Bonds
-
(Continued)
Table 1«- Summary of Sales and Redemptions, by Series
-
(Continued)
(IB Bllllona of dollara)
Sales
71ecal year
or aontb
Amount
outstanding
end of
fiacal 7»ar
or aoath \J
V«t
oh«a^
Maturities and redemptions
Sales to
iuTestors
other than
eomaerclal
baaks
dorlnc
fiscal y«ar
or BOBth
Icomal
Sales to
coHBerclal
hanks
of
rede^jtloB
mines
Total
Original
purchase
price Zj
Interest
accmed
2/
SarlM » 2/ 2/
19U2
1.242-3
13m
19U5
lgl^l^-H8TBml)er.
U3U.9
757.9
802.2
679-1
lt3>».9
42.7
1*.7
3U.U
llU.l
>U.O
l»1.8
2.1*
l\
8-5
26.5
1-3
1-S
9-1
90
5-8
7-7
8.9
5-8
7-6
8.8
«.U
8.2
8.0
H
9-8
10.0
^,
5/
542
8
10,
+37-0
April
2,376.3
+19.1
+57.0
+171.2
178^0
62!?
7U-5
103
1.8
1.7
2.1
»K.l
U7-'*
39.1;
8
32
+15.1
+12.1
a-6
a.
17.8
17.8
1.7
2-3
7.9
53.8
7-9
53-8
2.2
2.1
Hasr
21604.4
+23.1*
+19.2
Septemter
2.61^.6
2,661.7
2.673-8
October..
2.67l*.l
Hor«iBb«r.
2,720.0
1*5.9
19l«
2.1*14.3
+2,020.3
19>*3
19I44
5.119-2
7.860.8
10,298.8
+2, 71*1 -6
D»camber
8,542.6
8.930.6
19U;-Jamuf7.
July
. .
26.5
Serial d 2/
2,032.1
2.759.5
2.628.5
2,370.8
+158-3
+388.0
173-9
158-5
1*05.9
3«l».l
9.138.8
308-2
+11*6.1
Marsh
9.28>*.9
9.1*12.9
128.0
288.3
lO*.!
150-5
kgrW
9.526.1*
+U3.5
9, 788.2
10.298.8
+261.8
Jnl^
iugost...
Septeaher
10.1*91.8
193-0
10.576.7
10.633.2
+«I*.9
October .
BoTBmher
10,716.6
10.955-2
+83-U
+238.6
IjllU-IoTeanber.
Ktimrf.
*t
Jima
Sotuxce:
+2.70i*.9
2,1*37.9
510.6
56.5
-9
f'
6-9
.1
.1
7-'»
.1
.1
.1
5/
11.8
5j*-5
13U.0
287
220.1*
220.
15
21
15.5
17.9
15-5
17.9
228.1
16U.I
150-5
20.1
18.0
22.4
20.1
18.0
130.1
130.1
282.1*
532.1*
3O8.3
22)*,
16.6
20.6
Z1.8
16.6
20.6
21.8
215.3
106.8
76.3
aoo.7
106.8
76.3
lU
22.2
22.2
21.9
19-8
106.8
106.8
29*.
Dally Treasury Statements.
Barloed.
Less than $50,000.
current redamptlon TaluAa except Series 0, irtileh la stated at per.
Estimated, except for Series 0.
Tor details concerning InTestnent yields and redamptlon Taloas, sae
"Treasury Bollotin" for May I9U5, page A-U.
Conmerclal hank purchases vera permitted prior to ,^>rll 1. 19to,
and are estimated to hav« aggregated about $300 million,
lot yet Rvallable.
Series J^D. sold betveen March 1935 «&<! ^prll 19^1 ara 10 year
discount bonds sold at 75^ of maturity ralue, yielding 2.90^ P«r
ansnm if held to maturity; pDrchaees vere limited to l7>500 Isaue
price in any calendar year and ftom J^ll 1, 19^. could be made
only by izidlTlduals. Series A bonds began to mature In March 19^>
fbr information on the ^proximate monthly distribution of maturities during I9U5 see "Treasury Bulletin" for March 191^5. peg* X-2.
The small amounts of matured bonds vhlch hare not been redeaowd remain in the amount outstanding.
There v«re $111.5 adllion of Sarles ir-D and 1 sarings bonds redeemed
through Sorember 30. 19''^ vhlch had not been Identified by seriee.
Ibr purposes of this table. It has bean aesuaed that all of these
ware Series I boada.
.1
.1
i
U.8
5l*.5
134.0
282.1*
8/
M
1/
3
88.5
2'»7
26)*.8
,
57-"*
^
2.032.1
2.759-5
2.875-6
2,658.3
••••
6.9
7.0
+37-1
+119.1
*08.7
111
136
2,3lU.S
2,338.0
2.357-3
iu^8t
2-9
17.0
Z,15«.5
"t
Vsbroary.
Mardi
June
2.9
17-0
57.7
89-3
mi
D»o«mber
IS"*?
.2
2.5
8.8
I8.9
753
2/
a.9
19.8
22.1*
26.2
Series X, on sale elnoe May 1, 19^1, is a 10 year discount bond
sold at 7^ of maturity ralue, yielding 2.90^p«r annum if held
to maturity; purchases are limited to $3>750 issue price in sxxT
calendar y^ar and may be made only by indlTldnals.
Series 7 and
hare bean on sale slnoe Hay 1. 19^1. Series 7 Is a
12 year discount bond sold at 7^^ of maturity ralue, yielding 2.53^
per anmim if held to maturity. Series 0^ is a 12 year corrent inoone bond, sold at par. bearing interest at the rate of 2-l/2?( per
ammm, redaesuible at par on maturity or at stated prices less than
par before maturity. Forchaees of Series T and
combined in any
one calendar year are limited to $100,000 issue price ($50,000 in
Commercial
calendar year 19^1).
banks vere permitted to purchase
Seriee J and
bonds daring the calendar year 19^^ under certain
conditions ("Treasury Bulletin' for Dsoeober 19^. page 3^> footnote 9): end firom June IS through June 30, 19^ they vere again
permitted to make such purchases, subject to the follovlng limitations:
(1) porchases of Series T and
bonds from June IB throu^
June 30 vere not to exceed the annual limit of $100,000; and (2)
combined porchases of Series T and
bonds, 1-1/2^ Treasury bonds
due 12/15/50, and 7/8^ certificates of indebtedness doe 6/I/U6 msv
not exceed 1(^ of tha oonblndd amount of time certificates of deposit of Indlrlduals and non-profit corporations or aaaocdatlons
and of sarings deposits, or $500,000, lAleberer may be less.
38
Sales and Redemptions of United States Savings Bonds -(Continued)
Table 2.- Total Sales by Series, Classified by Denominations
nseal 7*01
or month
Treasuty Bulletin
..
1^6
January
39
Sales and Redemptions of United States Savings Bonds
-
(Continued)
Table 3.- Sales, by Series, to Investors Other than Commercial Banks, Classified by States
FART A - SERIES E
(In thouaanda of dollars at lasna prleee)
yiacal year
19UU
19U5
State
igiA
19U5
Dee.
Jan.
Mar.
ipr.
May
June
July
Ang.
Sapt.
Sot.
P
Alabama
Arizona
Arkanaas
139.180
California
Colorado
Connecticut
970. UlU
90,226
220,926
972,302
82,617
211,932
53.796
5.503
153.1*60
11*,680
29.1*80
Delaware
Diet, of Colrrabia.
Florida
27,609
135.069
26,663
139.531
i*,oi*5
1112,682
1511.645
1.753
7.939
7.083
22.961
22.799
Georgia
Idaho
l'»5.933
Mo, 230
155.8a
li*,ll5
2,002
9.157
1,581
755.362
81*2, 2U7
9.39U
2,310
50,668
25.513
8.703
lUtnol
118.1*36
67.821*
51.071*
Indiana
lova
313.59lt
263, W*5
323.206
22.070
W«
ll*,003
KaaflAO
163.077
163.285
10,727
675
50,216
28.277
2U.030
16.376
11.727
10,173
9,167
Kentucky
Louisiana
Mains
127,956
I'll, 106
5U,99U
122.288
135.933
51.791
6,397
17.31*1*
8,081*
20.581*
2.559
9.0U1
9.803
11.120
3.956
7.081
8.085
2.991
Maryland
Maesachuaette
Michigan
152,566
390,986
688,159
156,1*21
9,272
22,006
37,811
23.U28
Minnesota
Mleslgsippl
Missouri
2U9,962
82,538
283,681
273.051*
Montana
NehraskB
Nevada
55.230
128,079
13,U68
127,113
13.909
Sew HesipsMre
Hev Jersey
Bev Mexico
32,722
31,836
1,1*83
5.117
W5.338
1*21.1*16
27.990
36.570
2U.967
2,055
61. 801
U,73l*
2.827
36.712
1,685
,290.035
lUg.iwi
58,22U
1.365.1*61
153,1*08
70.01*3
a3,i68
129.977
27.985
IU.276
13.6p
57,135
7.8I5
U.7I8
Hev Toj*
Berth Carolina.
North DnJcota
Tlt.lTS
.
.
Utah
Vermont
Virginia
Washington
Vfest Virginia
Vieconsin
HyoBlng
Alaska
Canal Zone
Bamil
Puerto filco
Virgin Islands. ..
Other possessions.
Unallocated
Adjustment to
Sally Treasury
Statement
Total
229.1*73
86,99*
52,21*1*
5.532
25.325
7.087
13.270
13.175
3.531
5.162
7,935
77.636
16 ! 613
55.36U
3.957
12.857
2.091
1,51*1*
11.1*96
16,01*6
6,669
9.251
1U.U77
1*1*.
13.012
32.585
9.630
20,936
38,1*20
1*2,1*22
15.000
1U.56U
U.937
17.7U7
17,661*
'*.5l*2
9.896
3.893
l|l*.3l*U
19.881*
13.1*1*9
6,220
7,112
8.680
23,889
3.073
8.985
799
2.121*
2.1*25
107.388
23.981*
55.767
13,060
159.752
27.853
10,61*7
857, "wo
852,71*5
63.61*5
63,079
80.080
59.677
3.125
12l*,210
60,858
76,058
9.175
13.816
5.729
6.552
53.813
US.59I*
l'»7,296
U9't,995
11*7.295
8.1*1*9
U76,S79
35.318
10.655
23.297
79.620
5i*.37U
17.901
203.197
3.305
870
9.838
9,222
3.030
33.562
21*7,058
17.191
1*0,009
ll*,229
2l)8,2S0
96.302
262,350
23.769
22.01*6
6.960
7.135
58,310
8,931
958
5.67U
6.965
70.385
12.285
>*,08l*
3.052
5.1*96
15.711
1.177
1*2.282
270
8
1.275
909
9.060
2,885
108
107.108
17.087
5.ii)
313
i*.391
69
58,U95
225.856
-59.830
11.819,7'«
u. 553.361
20.821*
U5.'602
32
8.1*86
257.729
92.197
3.951*
53.991*
9.536
56,357
18,819
189. 563
2,51*0
97.629
l|i*.2g6
FenneylTanla
Bhode Island
South Carolina.
South Dskota
Tennessee
Texas
373.076
627.872
2.31*6
709,91*2
711*, 177
135, 26U
.
21*8.
7.613
138,827
157.205
Ohio
Oklahoma
Oreeoa
.
152.122
'3.923
76.368
5.566
656
1.1*78
23.703
1.809
78.972
9.009
1.925
1*0.
703
7,066
7.683
51,109
3,681
i*,636
2,519
1,61*0
12,21*7
8.572
26,910
31*.
119
3.180
..
.
.
.
Treasury Bulletin
ho
Sales and Redemptions of United States Savings Bonds
(Continued)
-
(Continued)
Table 3.- Sales, by Series, to Investors Other than Commercial Banks, Classified by States
COKBINCD
PART B - SERIES F AND
(Ib thoiuaadB of dollar! at Isgne priecB)
riBcal y»tx
Stata
19"*
ilabama
Arizona
Arkanaas
I9UU
I9U5
2U,501
8,368
1U.65I
1,066
358,108
30.678
218,153
13.003
2l»,726
1.1*1*7
61t,li37
55.553
Delaware
Diet, of Colnatla
10,306
29.761
norlda
>».lt96
Georgia
111.958
7,630
236,291
Idalio
Illinola
IniUa
lova
3.991
1,181
2.685
l,75lt
1.332
F?
65U
685
28,791
2.750
3,273
28,1*58
U.738
13.678
3,670
U,l5l
11,151*
1,103
5,033
Kin
12,188
2U,83U
37.T18
922
2.198
2.262
1.139
2,002
3,785
1.678
3.797
5.361
528
962
1,1*21
1.1*09
2,228
2,1*1*6
235,8U9
2.905
637
15.772
6.037
1.101
58.671
6.600
8,529
5.762
2.905
3.381
1.827
75.099
77.69?
5.11*1*
1*2.991*
2,881*
Kentxidgr
U7.U112
38.952
20.591
38.586
32.271
19.707
3,lt59
Loulalana
Maine
1,173
Maryland
Maesachuaetta.
Michigan
Apr.
3.156
1.02U
896
lt5U
1.521
82.311
106.397
"A. 903
Eanaaa
Mar.
Jan.
30,156
9.U5D
17.«J1
California
Colorado
Connecticut
19115
6,221
2,31*1
6p
a, 562
Jnaa
Mar
Sept.
Oct.
2,105
597
813
1,200
296
612
260
796
302
1*81
1*21
1*01
29,362
3,387
6.993
22,126
1.533
11,357
2,817
7.317
637
2.152
8.089
it.976
1.729
1.1*92
l(Ol»
3,1*88
3.377
5,276
3.91*8
1.256
1.712
2.996
3,712
839
26,901
1*,012
2.729
997
32.736
15.710
1.1*1*3
2,881
2,673
21*6
1.U2
1,61*7
633
2.232
2,282
9.691
1.606
2.795
23.225
3.613
5,1*1*9
i.rp*
6gU
1.109
2.iao
1.859
1,71*1
15,1*22
17.095
198
15,186
11.71*6
*,566
l*.|35
l*,l*05
10,990
5.56U
U,7i*2
3.077
2)988
1.71*0
6,UU
2.515
1.709
5.959
3.8O6
2,11*8
1.1*1*7
1.902
9.262
10,538
6.088
U.5I8
2.891*
i*.970
3,910
2,223
5.673
3.952
98U
1.163
1.333
15,1*80
i*.S59
Aug.
Jrily
1*10
1,1*88
1,319
1,895
1,698
608
523
1.201
I.36I
933
l,l6U
,25U
9.1(09
1,628
206
12.705
71*6
1,1*J3
239
6.365
5,126
1.897
3,1*65
3.1*33
2.928
2.239
2,161
1,61*5
3.191
2.320
1.756
1,61*6
1.358
1.711*
1,133
672
l,oli2
1.139
2,l*'IO
2.219
3.303
2,880
539
l*i*2
6,262
18,313
IU.163
3.272
12,9*6
9.369
2.522
6,698
5.169
1.516
U.566
3.360
1.581*
2,1*23
1.881
386
3.121
1.958
501
1.109
82
9.31*2
6.338
52.'t93
iil».175
3.I160
3,11*0
6.886
2.799
147,625
IOU.766
139.269
93.732
8,262
5.957
9.538
27,031*
lit.679
9.1*39
15,328
5.289
2,978
9,088
5.119
2.982
9,208
U.626
Mlnneeota
Mieelaelppi
Hlaaoupl
69.836
22.296
91.689
58.715
16.900
3.877
1.627
2.917
630
5.833
6,823
3.089
7.750
1.665
U,972
81*1
656
U.879
3.106
779
U,827
3.223
6.651
5.535
1.711
7.077
10.303
2.571
79. '••2
U.2fe
12.1*90
10.71*2
5,1*63
3,901*
t-Iontana
13.550
39.339
3,630
11.377
35.329
3.202
1.1*60
1.11)0
1.590
5.75?
3U3
1,1(01
2,271*
1.596
UUl
1,110
1*26
118
508
2.550
177
878
3.376
535
1.658
6,088
l*la
1.823
161
270
81*
1(1*
lU.563
106,839
6.503
13.593
91.275
U.906
86e
6,758
U66
632
11.959
2.562
12,676
739
1,610
U.908
1,157
7.030
287
623
U.392
188
329
2.855
117
3.166
H77
'•72.310
1*2,263
1*26,182
27.328
2,¥*1
516
2.959
1.799
68.563
6,812
2,183
31.21*6
2,1*80
53.1*05
U,lt51
1,81(0
10.882
1.137
l6,7Ul
i.iau
569
1.006
1.330
1.738
32.896
2.019
1.322
23,827
i*,605
1*23
U83
1*62
1*51
1U.905
2,287
2,370
29,606
3.971
U,222
U,U9
7.11*2
1,831*
3.1*30
2,781
951
939
6.873
607
707
9.981*
1,251*
20,ia>
2,067
2,712
21.739
2.999
1.>I98
8,211
702
1.361
16,591
1.369
8.923
1.090
22,398
1,155
830
35.133
2.959
12,528
919
970
29,852
1,952
2,063
31.252
2.113
1.822
16,352
2,9)3
1,000
10,381
7,332
8. 769
1*1(1
960
566
1,250
2,651
1,1*81
1*18
1,01*1*
1*86
1.735
3,51*0
2,aoi*
1.963
13.921
1*.292
1.1*73
3.1*89
1.5S
10,191*
3.856
11,268
1.1(08
U.251*
12.81*9
71*7
6,1*01
5,765
3.1(06
510
155
223
1.199
802
3**
925
268
. .
Neliraaka
Nevada
Hew Sanpehlra.
New Jersey
New Mexico
.
lew Toik
Sorth Carolina.
Sorth Daknta
.
.
1U,978
598
2.I2I*
251,120
20,628
222,925
i7,tao
16.680
a.988
17.1*22
1.570
13.222
39.186
117.537
32.131
86,632
2.269
7.886
6.505
7.600
679
l.ll«5
U26
1*2.701
U.019
1*,2S1
1.526
7.107
1^.955
3.910
15. a3
1.1*35
1*,200
1,1*18
8,026
2,801
87.726
5.380
6,103
153
9.231
727
ll*,09l*
1.316
1.825
10,522
3.982
1.209
1.038
9. 800
62
67
320
202
71*2
1.51*1*
39
1.31*1*
UI8
21U
317
100
657
232
lU
32
2U,3S1
3it.857
•10.868
211.359
3,319,7U7
2,913,39*
192,8U7
1*98,153
Fenno^lTania
Bhode Island
South Carolina.
26,01*2
29.326
Utah
Vermont
Virginia
8.393
8,026
51.399
tfaahington
56.253
19.552
93.192
6.032
West Virginia. .
Wlacontin
wynml ng ..........
.
Aladca
Canal Zone
Hawaii
Puerto Bico
Virgin lalanda...
Other poseeasloaa
Unallocated
Adjustment to
Dally Treasury
Statement
Total
Source:
1*1*.
U,885
19U.155
South Dalcota
Tannaasee
Texaa
1.321*
166.210
21.311
Ohio
Oklabona. ........
Oregon
.
37.052
13.762
21*.
1,1*1*9
1.31*5
9.91*7
l»,2l*6
3.1»36
ll<2
28,
6I10
1.587
2,136
175
'*,00l*
61*3
1.155
10,100
716
»8
1,276
1.085
2l*3
51.957
2,2l|0
12,2l*J
1.U35
U2I
1.71*1*
12,1*62
1*77
I.06U
1*15
2,
6.690
3.172
1*97
U.U90
1(09
1*)*
552
TBI
31*1*
3a
97?
616
1.175
2,926
232
262
189
2.330
2l*9
2.7SS
3.035
2,603
U,9l*l
955
U,728
2,ll05
3.61(8
1,211
3.352
825
5.025
2,129
.3U7
6,1*09
lt.l*73
1.61*9
1,31
61*9
.739
,788
1,386
5,851
705
188
1*26
1,911
13,616
866
683
5,169
1.063
2.717
655
'.559
197
3.872
253
'iU
1.U67
891
2.638
220
90
71
263
382
853
10
15
22
26
1,329
91
110
818
30U
1*30
ll|8
31*1*
51*8
I3U
90
50
3
2
20
56>*
675
11*9
11*0
25
125
613
120
71
1
93
?7
259
10
151*
3118
6
100
12
53
•196.235
*«.53lt
+3.91*7
269.967
191*, 768
176.91*2
Total aalasi
Sally Traaaory Stateoeata; (2) Salaa hy Statsa:
Baporta of groaa aalaa.
(1)
1.003
U.6ZI
168
1*.8U
12.085
19
12
-670
-3.126
-2,866
153.211
31*5,376
382,790
Praliidnary.
Laaa than $500.
10
25
9.017
•13.382
1,1*68
1,71*2
21(0,112
128,1*55
9'*.055
UU,76U
. ..
•.
.
.
.
S
—
k\
1^46
Janaaty
Sales and Redemptions of United States Savings Bonds
-
(C!ontinued)
Table 4.- Maturities and Redemptions of Series A-D and E Combined, Classified by States^
(In thousands of dollars at currant redeaptlon VBlues)
igitu
Bov.
19>t5
Dec.
Jan.
lit.
U.U81
I4,j68
l4,602
irlEona.
1,.5U7
i.ijia
Ariransas.
2,.UTS
2.351
1.615
2,298
1.597
2,108
3U.861
3i.!i67
2,8*
5.1%
33.3^
2,611
5.0I48
2.663
U,718
31.610
2,073
715
75I4
.329
3.639
5.592
ilEibama.
CalUomla.
Oolorada ....
Connecticut.
Delaware
District of ColusAla.
norlda
872
3.986
5.09U
5.630
5.00E
U.jiio
niisoiB.
28.233
214,285
22,2614
Indiana.
Iowa.
Kansas.
13. 381
ll,l6U
a?
5.12'!
3.067
10.756
U.997
3.525
^.m
1.362
&
U.657
10,825
29,182
GeorgiaIdaho. .
5.
3.><85
.
Xentoo^..
|t.833
louliiasa.
Maine
",019
Maiyland
HaeBacfaosetts.
Michigan
Minnesota. .
HlaalBslppi.
•
7.20't
tttasourl. ...
1.705
8.671
tballoeated.
Adjustment to Sally Treasury
Statement
Total.
Source:
2.998
3.677
U.OW
iag. 2/
S«pt. 2/
Oct. 2/
5.017
1,581
2.555
5.123
1.603
2,7l2
8,568
2,195
1.315
7.961
1.20U
m
35.329
31.671
2.783
6.183
36.169
2.990
6,258
19.111
3.3?7
8.563
16,160
1.230
8,922
51.387
I.85U
9.536
829
781
1.331
5.5I8
836
1.050
5.698
1.078
1.891
7.762
1,106
5.051
7.578
1.302
5.953
8,820
I.S07
5.189
978
30,200
7.898
I.IOU
10,851
7.529
1,110
36.071
39.566
13.327
5.926
l4,2l8
18,811
8,992
1,597
l6.5jp
7.861
7.038
16,627
9.213
5.863
1,887
1,910
1.530
7.207
1.918
6,967
6,637
2,001
T.557
6,781
2,251
5.II5
11,320
30.600
6,678
i3.ial
37.212
6,781
7.6^
13.959
38.113
16,305
33.979
7.357
2.239
11,181
9.320
3.013
13.575
9.338
11,691
10,370
3.815
13.951
1.197
2.977
5l2
1.604
1.130
1.569
1,021
5.303
1,691
2.6514
3't.919
2,8914
5,880
825
3.8I5
5.827
14,300
14,980
5.M06
6,289
1,1a
5,287
5.183
1.587
Jidz 2/
97I4
29.U16
29.127
4,1492
l4,78l4
14.783
1*,762
U.999
1,660
1.522
5.156
5.293
13. W7
U,199
5.059
11,938
27.30
29.U17
25.7'»8
1,7110
g.367
2.331
7.808
2.355
7,218
2.218
5.528
7.72'*
7.»i03
U,b58
U.299
930
873
1.351
U,095
585
1.257
I.II45
1167
1.103
2.663
U35
903
12.553
782
893
11,912
863
737
10.075
815
601
938
9.90U
738
1I4.83I4
959
12.859
3i.8ia
28.720
25,690
28,9141
38.195
if.626
U,Ul49
14,111
597
692
3.905
697
S.^i
722
901
21.0I49
29.922
5.092
South iBlcotaTenneesee....
Texas
Canal Zone
Havall
Puerto Eico
Tirsln Islands.
Other possessions.
3,088
U.597
14,862
3.8IK1
19,915
3.962
'i,590
14,908
2,1449
Ujl
?•!!?
4.826
2,07U
2,312
23.919
1.715
2.037
72U
U,815
lU,622
l*.307
14,029
W.35O
1U,608
13.8U5
l.OJL
5.567
18,172
1.5'*l
1,1465
l.'»33
1.399
326
6,230
309
2714
5.9''9
5.298
269
5.357
7.31't
6.383
7.10s
2.778
828
5.050
sy
769
I499
6,50
1.267
'''%
3|*.763
14,650
36. 918
35.889
14,790
14.967
6.1(00
999
965
1.038
1.196
26,529
1.739
5.657
26.191
31.28I4
30,889
2,216
905
i4.*77
5.535
33.
3.525
2,1478
2,
l!981
2,800
2,100
2,328
851
5.3I4I
935
5,323
15.685
16,ll42
2,1>22
1,001
i6!l^
17.U5
1.329
1,133
10.871
7.a3
38.199
2.869
3.166
145.691
1,178
8,010
21,622
1.329
9.397
27.585
9.551
2.610
755
10,185
I.2I43
1.571
2.299
I47U
7.3I7
68,227
19.
29.997
2,260
2.516
3814
7.579
3.187
7.170
602
1.177
18.679
1.633
1.230
1.776
6,603
1.728
1.325
738
37.282
7.168
7.717
7.771
19.158
7.570
3.589
7.379
570
i.ua
3I.I3I
8.195
7.588
ao
6,U7S
8.209
27.951
I.5I6
6,189
961
5.271
6.S31
268
1,115
J.
u,650
11,052
7.699
591
8.1U5
3.500
7.951
625
1.999
10.750
777
10.225
886
11,612
5.989
10.796
917
318
3.506
6.938
685
6,260
6,2314
I491
573
1(80
8,790
3.571
8. 836
688
1U7
122
127
1514
2l47
181
230
253
255
273
259
2,120
380
13
i.it53
1.826
I.809
i,jr6
1.892
52I4
2l46
3.255
156
11
3"
15
1.161
237
9
1.971
375
12
I479
12
15
^1
Zl
13 .896
-7,008
*3.779
-ii4,oao
-21,183
-5.6I46
398,172
372.178
397.683
501,022
500.655
582.809
2,61«)
762
^
16
-8.903
^955
-3.367
-11,252
+6,801
-U.l4l48
359,982
3140,1423
313,812
296.517
1432.256
381 .092
Daily Treasury Statements;
(1) Total redeaptlons:
Reports from lederal Eeserre Banks.
(2) Eedeioptions by States:
Less than $500.
It should be noted that State figures presented in this table are
not necesearily comparable with sales data by States inasaucb ae
bonds vhich have been purchased in one State aa^ have been redeemed
2/
I
3,1614
30I4
Bdt. 2/
1,125
l!l56
16,
7.U1«!
2, 168
6I15
980
12.909
891
21.337
6.821
2.359
6,100
12.712
6,038
1,181
3.1SI4
1.0U9
6,2147
Jm»
Z]
7.'»37
26,
Alaska
114,031
6,2l41
6,000
Hb7 3/
II.I45I4
32.99U
1.996
2.117
.
10,252
5.8U7
1,825
FennsylTanla. .
Bhode Island...
South Carolina.
rirglala.
33.239
5.935
1.971
S2,U92
Vashlngton. .
Vest Tlrglnla.
Wisconsin
V^omin^
U.333
802
22,la3
3.676
9.260
21.397
26,036
U.l&»
5.2"*
.
6.I47U
3.816
9.500
Oregon.
Odalioa
1.003
5,0OU
2U,5l41
Sev Tork
Berth Oarollna.
Sorth Dakota...
OUo...
39.5*
5.'<l7
23,6'-40
Hev HauipBhlre.
Sew Jerscr....
ev Mexico....
lerada...
1.6U1
2.532
690
3.525
10,906
2.1)02
Bebraakia.
5.515
1.836
2,632
2,766
6.587
1.0145
U.561*
kfi. 3/
14,687
1,212
9U7
2,951
550
Montana.
Utah
TezBont
>4,718
762
Max. Zj
5.1110
in another. MoreoTer. the figures shown in this table are baeed on
currant rede:^tioa vbIuob, idiereaa the eales figures are ehown
Date on redao^tions by Statee are not aTallahle
at issue price.
prior to October igUU.
Includes Series A bonds lAiloh have matured and which have been
retired.
.
^
..
..
Treasury Bulletin
»^2
Sales and Redemptions of Treasury Savings Notes
Table 1.- Sumnary of Sales and Redemptions, by Series
(Par Tsltte* - in
BlUlons of 4allar«)
Badamptlona and aichangeg
nsoal year
or month
imount
oat«t*n41ac
•nd of
fiscal yoar
or BO&th
2/
Vet chanc*
flteal Tear
or Bonth
SaleB
fieceived
Total
psTnent
of taxes
liL
Jt« deemed
for caah
Exchanged
for
new eeriee
All aerlea
19U3
t*»,l480.9
ism
9.S82.0
19*5
lO.lltl.s
^9.5
igUil-Bovemter..
Dec ember.
10,005.2
9.S55.0
911*. 6
l$k^-Jaxtaaxj.
+2,086.5
-150.2
*!D.k
8,758.5
8,953.7
7,015.8
1*,277.6
i*,09i*.i*
6,867.2
6,365.1
5,906.1
Ul*.9
502.1
550.2
12U.8
1.270.7
163.3
6,1*56.3
1,081.7
1.283-8
l,l*3l*.o
167.1
1*2.3
9.875-3
9.937.7
8.955-9
257.7
212.U
233.1
237.3
150.1
183.7
-981.7
i.au.8
1.187.7
J^rll
May
June
9.116.2
10.017.2
l0,iUl.5
160.3
920-9
I0U.3
'W7.7
1,096.8
1,113.5
2U7.1*
22U.9
175.S
1,009.2
12l*.U
95l*.0
July
10.12U.0
10.153.3
9.063.6
-17.5
307.U
32U-9
29.3
11*5.1*
H6.l
97.1*
-I.O89.7
91.6
1,181-3
890.9
36.7
18.7
290.3
-253.7
336.1
295.1
291*.
277.8
701*. 1
128.1*
Petruaiy
March
.
.
kagiint....
Sspteoibar.
Oeto'ber .
B0T6DA>6r>
.
>
8,309.9
9.087.7
62.3
129.1*
288.2
53.7
20.6
27.0
22.5
51. *
55.2
7
297.9
Sol** X}/
266.7
112.1
.69.6
211.9
-42.5
100.6
96.9
-.8
-3.7
90.0
88.2
80.0
-6.9
-1.9
-8.1
Na7
June
77-0
76.0
69-6
July
Al^UBt ....
September.
6S.2
67-3
39.5
-1.1*
-.9
-27.3
October.
Hovembar.
30.1*
-9-1
27-0
-3-1*
191*4
19'^
19l4lt-3i5vam1)or.
Cecambor.
19l*5-Jaiiuai7 . .
Teliruary..
March
AprU
.
122.8
lllt.O
151*'..6
6
1*2.5
136.1
36.6
.8
.1*
3.7
3.2
6.9
1.9
8.1
6.2
1-5
7.5
.7
-3.0
-1.0
3.0
1.0
2.7
.3
.5
-6.1*
6.1*
5:i
.8
33U-7
(GontlnuA on following vae»)
8.7
18.6
5.9
.1*
.6
1.1
.6
27
3-'*
13.2
m.6
5.1
-7
1*.0
2.7
68.3
83
.... .
.
. .
1^6
January
7
5
•^3
Sales and Redemptions of Treasury Savings Notes
i/
-(Continued)
Table 1.- Summary of Sales and Redemptions, by Series
-
(Continued)
(Par TaliieB - In mllllonB of doUare;
Bedsmptlons and exchange
JlBcal Tear
or Dontli
Amoimt
out B tending
end of
fiscal year
or month
Set change
during
fiscal 7«ar
or month
Salea
Heceived
In parent
of taxee
Total
2/
B« deemed
for cash
Sxchan^d
for
nev series
Series B U/
76U.g
22.1
igu?
I9IA
19^5
877 1
-17.8
-.2
.2
.2
2.1*
2.3
8,9
s.e
6.1
-1.2
1.2
-.1*
.1*
.9
.2
-2.5
2.5
2.1*
5.3
-.8
-.1
-.8
.8
.1
.8
.7
.1
.7
-.1*
.U
-.1
.1
•3
.1
-.1*
.1*
.1*
-.2
.2
—1
.1
12.5
10.1
19U5-Janaai7 .
February.
March
.
i^rll
May
June
July
August
September
.
U.0
.
October.
November.
3-2
3.1
Series
1,082.7
5.969.9
6.396.1
1,01*7.2
35.6
5.507.9
5.853.3
1*62.0
166.0
12U.2
1,265.2
Ul.9
162.7
l,20l*.2
176.6
127.7
1,1T7.S
52.6
20.1
26.3
1W7.7
1,096.8
1.113.5
2U3.6
I7U.6
1,002.0
221.6
123.8
22.0
50.9
91*7.6
5U.1*
307.1*
ll*5.U
323.2
115.1
1.153.0
286.7
96.8
877.3
I8.3
275.7
6.1ta*.0
9.1*^7.7
+6,i*6i*.o
7.51*6.7
2. 983.
191*5
10,067.5
+619.8
8.953.7
7,015.8
9,892.0
9.7U7.9
915.6
1,0m.
-11*51.1
1,283.8
1.1*27.9
9.776.1*
9,81*0.9
+28.5
+61*. 6
257.7
212.U
233-1
19Ult-lioTamber..
December.
19lt5-Janaaiy.
Febroaiy.
March
April
May
June
8,869.8
-971.1
9,033.9
9.956-0
10,067.5
+l6l*.l
July
August .
S^tesiber
10,051,8
10,082.1
9,020.7
October.
SoTember.
8.776.3
9.057.6
.
Source:
•
1/
2/
2/
+922.1
+111.5
-15.7
91.6
-1,061
-2l*U.U
336.1
70U.1
+281.
Daily Treasuiy Statements.
Less than $50,000.
These notes were originally designed to help taxpayers set aside
funds with vhlch to pay taxes and were known as Treasury tax BarSeries A notes were designed for the small and moderings notes.
ate taipayers; Series B and Series C notes were Intended for the
When the collection of taxes throu^ withholding
taxpayer.
large
at the source commenced, the need for Series A tax savings notes
disappeared and their sale was diacontinued. Hedemption proTislons
of Series A notes were relaxed to proTlde for the paynent of interSale
est on notes thereafter redeemed for cash (see footnote 3)of Series C notes, which were designed for the inreatment of Idle
reserves,
was
tax
cash reserves as well as for the accumulation of
continued and the notes were designated Treasury savings notes.
Includes matured Treasury savings notes.
Series A notes, which were sold from Aueust 1, 191*1 through June 22,
19I+3, yield epproxlmately 1.9251 per anmnn.
Through June 22, 19^3
the notes could be redeemed for cash only at the original purchase
price; since that date, the notes have been redeemed for cash at
•
70.6
21.5
1.6
£8.3
5/
191*1*
191*3
2.933.3
721.2
l£.2
-2.1»
December-
19Ul4-SoTenilier.
3.072.1
7U2.6
17.8
U/
5/
229.3
11*7.8
580.
289.9
127.8
5i«.7
36.1*
290.7
295.1
(See
the tax payment value current at the time of presentation.
also footnote 1.) Prior to October U, 191*3. ">« martmna amount
which could be used in payment of each class of t ax (income, estate,
or gift) by each taxpayer during aach taxable year was limited to
$5,000 par value; this limitation was removed as of that date.
Series B notes were sold from August \, 19UI through Septanber 12,
The amount lAlch nay
191*2, to yield approximately 0.U8^ per anson.
be turned in on taxes is unlimited. The notes may be redeemed for
cash only at the original purchase price.
notes want on sale September ll*, 19U2. Interest accrues
Series
each month on a graduated scale (see "Treasury Bulletin" for August
191*3. page 1*) to yield ^proilBately LOTS' per annum if held to
maturity. These notes me^ be used in paynent of Federal taxes at
any time two months after the date of issue. The amount which may
be turned in on taxes Is unlimited. The notes may be redeened for
cash «lx mrnths after the date of issue at the tax payment value
current at the time of presentation. Prior to July 27, 19l*3.
notloe of 30 days was required for oaah redeiaption. See also footnote 1.
.
UU
U
U
S
.
UU
Treasury Bulletin
kk
Sales and Redemptions of Treasury Savings Notes - (Continued)
Table 2.- Sales of Series C Notes, Classified by Denomination
SalH In alllloni of dollar*
Paromtaga dlatrlVatlon of aalaa
at par
Snoainatloa
Sanoalaatloa
Hieal 7«aT
aU
danoaiaatlona
ThoTiaatirIa
$100
of dollars
500
2U9.0
10
100
500
1,388.6
1,858.5
1.12U.U
1.259-3
827-2
19U3
7.5'»6.7
ism
8.953-7
7.015.8
10.5
13.6
2U.2
32.8
aSij.3
S7-6
1,>I88.0
2.535.7
3.086.9
2.378.5
i.oai.7
1,283.8
1.1
2.6
3-2
9-0
66.7
56.2
104.0
215.3
333-8
u6o.9
257.7
212.
233-1
.8
1-3
8.5
12.
U8.U
.U
6.1
10.0
8.9
38.
5
.8
.7
.1*
.8
7.7
U.8
62.0
5.6
te.3
59-2
71.3
1.2
10.7
t-7
3-2
isu?
19til«.|0T.
.
Sac..
igU^an..
M>..
Mar..
M07-7
1,096.8
1.113.5
ipr..
tfay..
Ana.
Total
all
donoalaatloao
Total
onih
or
July...
307.1*
1U5.1»
91.
Sapt...
Oct.
BOT.
336-1
70U.I
•
2.2
2.2
.6
.2
.2
.U
.9
1-3
U.O
3u!e
332.1
36.U
2U9!(
U.6
52.6
26.5
16.5
12.8
52.3
182.7
16.3
57.8
l*
Thonaan&a of dollars
HOO
goo
10
1,916.9
1,808.0
1,597.5
100.0
100.0
100.0
u
5.7
3-8
263.9
172.0
100.0
100.0
\%:
100
1,000
500
1U.9
1U.1
18.lt
25.»»
5-9
20.7
21.2
33-9
u.8
20.2
22.8
3-1
5-2
5-2
8.1
19.9
26.0
35.6
35-9
U.U
2l».U
10.5
I3.U
U.8
U.7
3-8
18.8
18.1
15.6
30.2
35.5
31-7
16.0
26.2
8.3
30.1
10.lt
35-1*
15.2
21.0
30.3
35-3
31-3
22-7
22.U
77.8
75-U
T5.9
U1.2
17.6
2U.2
67-5
63-9
82.5
100.0
100.0
100.0
3-3
123-5
387.2
371-9
B-8
127-6
126.1
121.
2>i9.0
2I49.U
100.0
100.0
100.0
1-9
3-5
3.8
6.U
22.1*
33-'*
18.1
11.5
10.9
27.5
100.0
100.0
100.0
3-5
3-2
3-5
5-0
17.1
18.2
18.0
30.5
30.7
32.9
18.8
11.1
9.9
2U.2
31-3
30.0
52.6
108.6
100.0
100.0
2.2
U.9
17.2
25.9
36.1
2U.7
9.3
15.7
36.2
7U.U
rt:
30.2
83.0
65.8
121.3
25U.g
Dally Traasuiy Statenaltii (2) Slatrltnition ty
(1) Sotal ibIob:
aalao reported to tho Traasoxy.
dooenlnatiotiat
1/
3-8
7.lt
15.1»
Infomation on aalaa, l)y donominationo, of Serlao A and B tax nTluB
notes may be found in tho traasniy Bollstln* for JUy 19U3, pace llo.
Table 3.- Sales of Series C Notes, Classified by Type of Purchaser
Sales In allllona of dollars at par
Pareantaee diatribntlon of sales
Type of pnrchaaar
riaoal year
or oonth
Total
IndlTidoals,
partnerships,
and fiduciaries
^ppe of purchaser
Total
Corporations
IndlTldnals,
partnerships,
and fidooiarles
Corporations
8.953-7
7.015-8
611.3
65U.9
U3U-7
6,935.1*
191*5.
8.298.7
6.581.3
100.0
100.0
100.0
19l*U-IIoTeiDber.
l>eoeaDber.
1,081.7
1,283-8
53.5
77.1
1,028.2
1,206.7
100.0
100.0
6.0
257-7
18.8
212.
233-1
19.1
238.9
193-3
21U-9
100.0
100.0
100.0
7-3
9.0
7.8
92.7
91.0
92.2
i«7-7
1,096-8
1.113-5
3U.7
65.8
373.0
1,031.0
1,051.1
100.0
100.0
100.0
8.5
6.0
91-5
9U.0
5.6
9l*.l*
100.0
100.0
100.0
7-5
10.1
10.5
92.5
100.0
100.0
8.8
8.0
91-2
92-0
19U3.
19>A.
7,51*6.7
19l«5-Jattiiary.
Tehroaiy.
March. .
.
^rU.
May...
June.
18.2
62.
July
307-U
23.0
28 1*. U
Jn^at ....
11*5.1*
iLj
Sef)temhar.
91.6
9.6
130.7
82.0
336.1
70U.1
29-7
56.0
61*8.1
October..
HoTsnbar.
Sonroet
1/
(l) Total aalesi
IMly Traastuy Statenents; (2) Dlstrlbntion by
type of porchaaari
aalas reported to the Treasury.
Isfomation on sales, by type of purchaser, of Ssrlea A and B tax
306. U
8.1
u
91-9
92.7
93.8
89.9
89-5
aaTis<8 notes may be IbXBoA in the •Tressary Bollatln* for falj igkj.
page 47.
.
.
.
Janaary
s
..
1^6
3
«^5
Sales of United States Savings Stamps
Table 1.- Summary of Sales and Redemptions
1/
(In thouflands of dollar a)
Ilscal year
or moath
/ju:^ IS"*!
\
^9^2\*>«. igUl-Jnne igUa. /
iaoant
outstanding
end of
flBcal year
or Month
166,341
213.350
196, 5i«
177,598
19'*3
igUU
19^
IjUU-HoTsnber
180. 5«7
Secflmber
181.529
Percental distrl'batlon
of redcmptloM
fiedeoptlons
Net change
during
fiscal Tear
or month
Sales
Total
ExchAc^d for
Xxehanged for
thiited States
Oash
•a-rlngs
2/
2/
tends 2/
honds 2/
+161, 048
tJ»5,6205/6/
-16,832
-18,920
308,6a
147.57'*
590,268 6/
408,930
268,411
544.647
425,762
287,331
+5.388
,11
127,948
474,168
352.632
231.593
23,946
21.163
18,558
20,221
i'*.929
16.
321
16,32
421
13.42
20,140
16,618
100.0
100.0
100.0
100.0
100.0
87.4
87.1
82.8
80.6
12.6 4/
12.9 5/
17.2
19.4
3.628
3.602
100.0
100.0
80.4
82.2
19.6
17.8
3.603
100.0
100.0
100.0
81.9
18.1
19-7
21.2
100.0
100.0
100.0
79.0
82.7
82.5
a.o
77.8
22.2
29.7
18.468 4/
70.480 5/
73.130
55.738
J^sbroazy
182,692
186,710
+l,l6U
+u,ei8
Zl,088
20,731
March
I89,it09
2,699
28,^
19.924
16,714
25.555
Iprll
188, 7U3
-666
-2,M«6
-8.699
24,74s
26,132
19.069
25,4l4
28,578
27.767
20,079
23.634
22.910
-21.685
-6,268
-4,966
l6,4o6
17,686
8.438
38,091
23.955
13.405
29.6^3
16,841
8,922
8.438
4,483
100.0
100.0
100.0
m
10.587
11.396
13.893
13,412
9.349
9.830
4,544
3.582
100.0
100.0
67.3
73.3
19U5-January
M^
186,297
177.598
Jmifi
July
iu^st
September
October
HoTamber
Source;
1/
2/
2/
i'*i,372
139.356
-3.307
-2, 016
.
Caih
Dnltad Statei
lotal
m
'*.857
7.11'*
80.
78.8
17-3
17.5
33. »t
26.7
InolodaB odnor onoimtfi i^ch vera exchanged for postal sarlnge certlflcatee. These ag^egated $123 thoosaad for the period iagost 1.
I9U1 throT;igh Jtine 30, 19^ and $55 thousand for the period July 1,
1914-2 throtj^ October 3I, 19U2.
See fbotnote.l.
Het of ealeo less redemptions.
Ib«B not Include eaounte transferred ttom Foetal Savings StyetcB to
the Treasury to cover outstanding Btenps.
Dally Treasury StataoeatB conneixclns BoTember 1, 1942; prior
thereto. Poet Office Department.
Stampa Bold prior to October 1, 1942 were ksom as postal eacrln^
stamps and were obligations of the Postal Saving System bat sabge^ently became public debt obligations.
Estimated on the basis of ssmples made by the Post Office llspefftment.
Details not available for Hsgr, June, and July 194l.
Table 2.- Sales, Classified by Denomination
Sales in thouaande of dollare
Tiscal year
or month
Total
all
4li>nOT"1 nat i one
Peroentage distribution of sales
Banominatlon
10,!
25(!
50i<
Total
all
denominations
DanooinAtion
tl.OO
»5-00
100.0
100.0
100.0
100.0
a.4
a.4
17.691
10,882
10/
25(!
308,621
590,268
408,930
268,411
67,466
126,327
102,534
68,727
167.709
313.691
28,6l4
52.508
209. la
32,
135.277
20,942
31.583
71.693
46.972
32.583
25.
53.1
51.1
50.4
1944-BoTeBber.
December.
23.9'<6
6,928
5.586
11.581
10,642
I.8I3
l,4l2
2,761
2.469
86l
1.054
100.0
100.0
28.9
26.4
1945-January
a. 088
20.731
28,254
6,328
5.857
8.059
10.6o4
10.155
13.981
1.435
1.463
2.017
2.103
2,288
3.201
6I8
967
996
100.0
100.0
100.0
May...
June.
24,748
26,132
19.069
6,966
7.236
3.891
12.226
12.975
9.832
1,878
1.953
1.665
2.755
2.981
2.720
924
987
961
July
August. . .
September
16.406
17.686
8,438
2,5a
8.809
1.591
1,768
751
2.65?
2.994
1.272
82=?
2.479
1.573
October .
UoTember.
10.587
11.396
2.565
2.986
827
865
1.303
1.350
1942.
1941.
1944.
1945.
.
Pebmary
March
i^ll.
Sotirce:
a. 163
5.422
5.696
6u
Dally Treasury Stateaents commencing BoTemher 1.
(l) Total sales:
19^2; prior thereto Post Office Dspartment; (2) Dlstribatlon Iv
denominations: Based upon Post Office Department data.
9^
$1.00
»5.00
9.3
8.9
8.0
7.8
10.2
12.2
11.5
12.1
IX
48.4
50.3
11
11.5
11.6
3.6
5.0
30.0
28.2
28.5
49^0
49.5
6.8
7.1
7.2
10.0
11.0
11.3
••.7
100.0
100.0
100.0
28.2
27-7
20.4
49.4
49.6
51.6
7.6
7.5
8.7
11.1
1,121
432
100.0
100.0
100.0
1^.4
14.0
18.6
53.7
52-7
52-3
470
499
100.0
100.0
24.2
26.2
51.2
50.0
7-6
26!oW
25.1
5'*.3
2.9
3.5
1'*.3
3-7
3.8
5.0
10.0
8.9
l6.2
16.9
15.1
5.0
6.4
5.1
^?
12.3
9.7
U.4
U.8
k6
OWNERSHIP
OF
GOVERNMENT
Treasury Bulletin
SECURITIES
.
Janaary
1^6
^1
Summary uietribution by Classes of Holders of Interest-Bearing Securities Issued
by United States Government and Guaranteed by United States
(2d Btlllona of dollars)
S«curltl«a Isauad
l>7
Securities guaranteed by United States 1/
tTnltad States OoToniBant
Dlstrlbatlon
tor
Distribution br classes of holdsrs
Glasses of holders
U. S.
.
Sod of fiscal
Tsar or ntonth
S.
agencies and
trust fonds
Total
aaonnt
outstanding
Total
Public
public and marketspecial
able
isaoes
Issues
1936.
193719381939-
Public
Public
nonSpecial marketnar tee table Issues
able
Issues
1.261
1,188
1.556
2.151
3.166
1.718
1.665
1.853
5.150
5.198
10
17
6,120
7.885
10.871
11.287
18.812
2.180
2.610
7.II9
11.899
21.792
37.982
58.98«
III.1I1
165.725
209.630
33.128
15,181
81.918
120,880
153,121
1.551
13.507
29.193
11.815
56.209
6.360
1,519
1,092
1,516
109
10
10
16.583
16.326
18.386
18,S11
171. aol
188.375
122,205
137,168
18.998
50.907
16,688
17,130
17.567
19,001
19.139
19.669
189.713
190.021
189. I93
138,002
137.695
137.675
17.923
18.592
18.812
20.155
17
21,792
189.128
191,001
209,630
6.077
6.085
6.087
22
29
29
19.558
20.033
20,519
21.717
22.530
23.328
212,107
212,069
209.667
26.715
6.139
29
2€.878p
6.139P
29p
20.577
20.710
23.276
23.172
8.225
IO.3IO
11.091
18.920
2I.93I
2.101
2.152
6.105
210.771
228,891
21,185
21.672
1.592
5.337
230,672
231,851
332.026
21.955
22.391
5.256
5.215
5.281
Ipr..
May..
Jtme.
233.063
23,180
23.801
21,931
5.210
5.195
6.105
16
16
Sept.
259,
25,657
26,117
26,635
igUS-Jan.
Kb.
Mar.
235,7a
256,357
,781
Oct.
Hot.
Source:
^
62.81
l%]
1
3
7
u
16
16
ao.95l»
Dally Treaanry Stateoente;
(1) Total amounts outstanding:
tJ.
S. OoTernaent a^ncles and trust fundsj
(2) Securities beld
reports of the agencies and accounts with the Treasury; (3) Securities held l^ Tederal fieeerre Banks: Tederal Beserre System.
^
p
Frelifflinaz7
*
less than $500,000.
OoTemment
agencies and
trust funds and
federal Beserre
Banks
PrlTate
inrestors
2/
PttMlc
Public
Public
nonmarlcotnarketnonmarketable
aUe narlcstabls
able
Issuss
Issues
issues
issues
Public
nonmarice table
Issues
27,310
28,835
27,989
29.579
29.950
Us. 387
71.968
135.380
199. 5U3
256.357
Dee.
Public
marketable
Issues
Total
public
Issues
28.601
30.023
29.515
31.730
33.115
1.332
1.693
1.791
1.835
2.028
19UU-S0T.
Investors
2.I30
2.526
2,561
2.551
2.158
1.959
3.251
1,166
5,605
6.803
191A
Issues
Total
aaount
unmatured
outstanding
626
1,558
2,676
3.770
1.775
32.989
35.800
36.576
39.886
12.376
19U1
PrWate
federal
Beserre
Banks
Oorernfflsnt
1.311
1.302
1.528
5.161
5.212
363
325
286
286
275
287
170
1
115
176
6.085
1,262
3.738
1.186
28
150
375
1.170
1,170
1.189
1,190
277
275
51.712
52.329
51,817
1,196
1,191
780
781
300
328
332
136,981
136.503
153.121
52.111
51,501
56.209
1.132
1.151
109
782
783
313
362
375
155.286
151.719
153.118
57.1a
181
515
527
209,118
153.375
56.013
212,500p
155.501P
56.998P
1/
2/
56 [219
6
l,Ul
1.119
511
536
28
I50
179
I90
7
32
7p
32p
502
197
Sxcludee matured securities, end ohligstlona held hy the Treasury.
The total amount of eeourltlee held t)y private investors Is calculated by deducting from the total amount of securities outstanding,
the securities held ^jy U. S. Oovernment a^ncles and trust funds
Vedaral fieserve Banks,
and
V
u
.
U
U
8
U
Treasury Bulletin
ua
Estimated Ownership of Interest-Bearing Securities Issued or Guaranteed
by the United States Government
(Par TSluaa 1/ - In bllllono of dollars)
Held by non-bank Invaetora
Held b; banka
bd
Total
amount
oatatandlog
of
month
OoBserdal
banke
2/
y
Tad aril
Eaoarre
Banks
Total
InllTldiula
it/
Inauranea
eostpanles
1939-Deeeii1>er.
K7.1
Ig.U
15.9
2.5
28.7
9.8
6.3
igUO-Jun
December.
U7.S
50.1
18.6
19.5
16.1
17.3
2.5
2.2
29.3
30.9
'•7
10. i»
6.5
6.9
19ltl-June
DacoB^er,
5U.7
63.8
21.8
23.7
19.7
21. u
2.2
2.3
32.9
Uo.l
11.1
13.8
19U2-Jun
December.
76.5
111.6
28.7
U7.3
26.0
Ul.l
2.6
6.2
U7.8
6U.3
18.2
23.8
19U3.March
Juno.
Soptomber.
118.6
139.5
161.0
l6«.7
50.1
>4l«.2
59.''
52.?
58.3
59.9
5.9
7.2
8.9
11.5
68.6
80.0
93.8
97.3
26.6
30.3
185.6
aoi.i
76.2
83.3
6i*.o
142.2
68.U
12.1
IU.9
109.'*
Jiuie.
117.7
U5.I
19Ul;-Saptoiii1>er.
209-3
87.1
70.5
16.7
122.2
U7.8
I8.3
OctoboT
BoTomber.
ao.i
70.0
71.6
77-7
i22.U
122.3
133.8
17.?
Dec amber.
87.7
90.0
96.5
17.6
18.
230.
18.U
17-9
19-6
97.7
97.8
78.7
19.0
78.i»
19. >
97.
77-7
19.7
IJU.S
135-1
135.7
52.8
53-1
53-6
Decomlier.
•
igWj-Maroh.
.
19U5-Jan«iai7.
lobrujuy.
March....
Z12.2
232.2
233.0
233.1
kgTi.1.
231^.2
May.
236-9
256.8
June..
Joly
ingast ....
SoptaDber.
260.3
261.3
260.2
67.2
71.5
98.2
98.9
105-9
107.2
107.2
107.1
j_
IS.
77-7
77.9
20-5
8I1.I
21.8
85.5
8U.7
83-7
21.7
22.5
23.3
a.o
136.0
138.0
150.8
153.1
15it.O
153-1
3'*.7
37.1
52.2
19-9
20.1
20.
58-5
20.5
20.1
22.7
59.7
59.8
59-5
22.7
22-5
22-5
Matnal
saving
banka
3.1
Janaary
^
1^6
Treasury Survey of Ownership of Securities Issued by the United States
Government and by Federal Agencies, October 31, 1945
Section
I
-
Securities Issued or Guaranteed by the United States Government
The tablea in Seotlon I present eummary data as of October )1, i^'^ from the
Treasury Burvey of Ownership of Seourltles
Issued or Ouaranteed by the United States.
The banks and insurance oonpanies ooTered
in the survey aooount for approximately 95
Table 1,- Summary:
percent of the amount of suoh securities
owned by all banks and insurance companies
in the United States.
Seotlon II
summary data
All Interest-Bearing Securities
(In millions of dollars)
Claaalficatlon
presents
on
the ownership of Federal land bank bonds.
Treasury Bulletin
50
Treasury Survey of Ownership of Securities Issued by the United States
Government and by Federal Agencies, October 31, 1945 - (Continued)
Section
I
-
Securities Issued or Guaranteed by the United States Government - (Continued)
Table 2.- Public Marketable Interest-Bearing Securities
PARI A
(Continued)
AMALXSIS or OWNERSHIP BX TYFSS OF SECURITY, BY GALL CLASSES,
AMD BY TAX STATDS-( Continued)
H«ld
Inks
^
Inveitora eoT«r»d In Tr«««uZ7 Svurrs^
Znauraaea eoapaales
1/
ontvtaodlac
T.390
eoomer-
3^
5U1
took
mutual
2/
taate
tanks
Total
Parcanta^e dletrltetlon by elasBee of aacurltlae
Typee of eecurltyi
Seooritlea Iwuad "by tfaltad States
ITreamuy bills
Certificates of iadebtadnass...
Treasury notes
Treasury bonds
Postal savlnfs and othar bonds.
OiaaraBteod by Ihiltad States U/.....
Total
9.3
19.2
12.9
38.6
.1
100.0
Call classes I
fioe or first baconlng oallabla
Within 1 year
1 to ^ years
•••••
3 to 10 years
10 to 15 years
••••.••....
15 to 20 years
Orer 20 years
Various (federal Houslnc Administration
debentures)
35.7
19.7
19.5
6.8
Total
Tax status t 5/
Wholly exao^t from Tederal Incoaa taxas....
Partially ex&apt froa Tedaral inooaa taxes.
Subject to Tederal inooae taxes
Total
All U. 8.
OoremaeBt
Iot«l
Clasalfloatloa
J:5
100.0
2.6
21.0
20.5
55.9
316
life
lacnranoa
ooopattlaa
653 f^rm,
oaaoalty.
•ad carina
Inaorano*
oonpanlaa
aeanotaa and
trutt fondi,
and Inderal
Beearra
Held
V
all other
lareetore
Janaary
1^6
51
Treasury Survey of OwnerBhlp of Securities Issued by the United States
Government and by Federal Agencies, October 31, 1945 - (Continued)
Section
I
-
Securities Issued or Guaranteed by the United States Governoient
Table 2.- Public Marketable Interest-Bearing Securities
FART B
-
(Continued)
-
(Continued)
-
DISTRIBUTION OP OWNERSHIP FOR EACH IB8US OUTSTANDINa
(Par values - In milliont of dollars)
Held by Investors covered in Treaeury Survey
Insurance companies
Banks 1/
Issue
^
(Tax status
Is shown In parentheses)
Total
amount
outstanding
7.390
commerclal
Ijanka 2/
Treaggry bills
Cfijl
ficatea of ladebtednea^
Ceeemlier ISM^
February ISw
March
191*6
Majr
19U6
19U6
June
'i.'S*(>
Aogoat
19U6
hfTiX
8!«
Septaber 19U£
October
igW
Treasury notes
3/l4^
December
'*.395
5.01*3
1,093
2.585
1
3
1*0
l*.ll*7
2,51*8
2
22
(taxable)
(taxable)
(taxable)
1*,8U
1.579
2.71*8
10
2
7
25
1.025
(taxable)
(taxable)
(taxable)
2,1*70
19U5
19US
1^
March
19>»6
.90^
July
December
March
19U6
19U6
19U7
(taxable)
September 19U7
September 19117
September 19U8
1-1/)|«(
1-1/2;$
l-l/2;(
(taxable)
(taxable)
(taxable)
3-1/8^
U-l/ltjS
2i
2^
2-3/lt5S
1-3/1**
2-l/2jf
2?
25S
Zf,
2Jl
3-1/8)6
2-l/2jl
2$
2^6
2-l/2)i
1-1/2J(
2-3/Uji
June
October
Deeemter
March
March
Jane
19'«7-52
191*7
(partially)
(partially)
19l*S-;0
19148-51
(partiaUy)
igUS
351*
1
1
17
1.291
1
8
2
1.6S7
2.707
(part lally)
(taxable)
(taxable)
16
2.338
982
(taxable]
(taxable)
(taxable)
I9U6-U9
7
2
3,029
2.351
93s
1*
3
18
t3
13
10
9
'*3
770
2,132
2.901
23.U98
15.795
51*1
21*6
7
1*89
156
1*
1.036
50 1*
9
819
759
701
368
8
29I*
8
557
1
1,115
1,223
3.062
780
68
81*6
10
2,31*1
89
(partially)
(partially)
(taxable)
571
U6U
i.oii*
71*8
September I9U9-5I
December I9U9-51
December 19U9-52
(taxable)
(taxable)
1.292
2,098
l.OU
(partlaUy)
1*91
December 191*9-53
March
1950-52
September 1950-52
(partially)
(taxable)
(taxable)
1.786
1.963
U.939
Septanber 1950-52
December I950
June
1951-51*
(partially)
(taxable)
(partially)
1,186
2.635
l.fe7
653 fire,
casualty,
and marine
Insurance
coopanies
129
"5
agencies and
trust funds.
and Federal
Beserre
Banks
25
30
386
1.2J6
S56
25
8
1.356
b
9
85
393
77
1*8
e
6»*
1
"•3
7
7I10
20
9
1.322
917
~5g"
3.7't8
September I9U8
December 191*8-50
June
191*9-51
'I
95
8U
11
35
it.910
172
70
78
10
16.195
3.261
191t6-it«
191*6-^6
3
30
3!w
l,9iJ8
(partially)
(partially)
(partially)
191*5
1*2
35.021
(taxable)
S.
13.193
I.U57
2,250
2.000
(ta»ble)
Total Treaeury notee
Treasury bonds
2-1/31 December
3-3/l)?S
March
35f
June
companies
(taxable)
(taxable)
(taxable)
Janiuai7
l-l/lt;;
iQffurance
'banks
1.977
1*91
316
life
mutual
Barlogt
17.026
.90i(
l-l/2)t
5UI
etock
esTioga
banke
..(taxable)
Total certificates of indebtedness.
All U.
OoTemment
1*
U
7.283
8
Ul
8
,3*
26-
lU
1*93
39
28
11
76
22
2
73
237
20
21
811
287
31
1
J'
268
58
29
33
_§2^
11*
5
L
26
299
.J9L
200
g.OOO
15
10
21
18
77
207
^2^
87
81
16
29
22
1*6
^\
26
32
12
25
7U
3U
87
65
5
53
2
12
1
1
58
15
112
1
102
IZl
157
39
133
17
1*51
1.559
353
9U
9
a
3^
i£o
26
12
15
10
10
i|i>
?
6
22
uo
7
l<8
1,290
7
52
1.501*
82
181*
3.228
230
1*12
65
55
991*
18
8
15
51
1*9
us
10
82
10
75
i6a
I.30U
1.192
(Contimied on followi^ page)
26
^3^
)
)
.
Treasury Bulletin
52
Treasury Survey of Ownership of Securities Issued by the United States
Government and by Federal Agencies, October 31, 1945 - (Continued)
Section
-
I
Securities Issued or Guaranteed by the United States Government
Table 2.- Public Marketable Interest-Bearing Securities
PART B
-
-
-
(Continued)
(Continued)
DISTRIBUTION OF OWNERSHIP FOR EACH ISSUE OUTSTANDINa-( Continued)
(Par Taluee - In mlllio&B of dollars)
Held
^
inrestors covered in Treesuxy Surrey
Insurance companies
Banks 1/
Total
iBBoe
aiaonnt
(Tax status
^
is sbovn in parsnthsses
TreeBuiy bonda-(eontimied)
^"^
September 1951-53
September 1951-55
Ji
Decemljer
1951-55
S^
Ctaiailo)
(partially)
(taiaile)
outstanding
5^1
7.390
comnercial
tanks 2/
mutual
Stock
esrines
Total
sarins
552
7
lU
812
55
2
11
•
27"*
p
68
1*,958
22
755
510
350
378
2
1,118
882
1,02"*
'»37
31
316
life
Insurance
companies
676
22
sh
2-l/l*;i
Decemlier
1951-53
2-l/2f;
March
June
1952-5'*
I952-5U
(partially)
(taxable)
(taxable)
5.825
3.558
21
1(1*0
616
December
June
June
1952-5U
1952-55
1953-55
(taxable)
(taxable j
(partially)
8,662
1,501
725
1*,686
26
2
907
220
2
956
190
29
a-l/U?;
June
195'*-56
March
March
1955-60
1956-58
(partially)
(partially)
(taxable)
681
2-7/8i5
2, 611
519
I.2U7
581
2
25
138
V163
Its
1(62
ititg
September
September
June
I956-59
1956-59
1958-63
(taxable)
(partially)
(partially)
3.823
982
919
June
December
Juno
1959-62
196O-65
1962-67
(taxable)
(partially)
(taxable)
5.28U
2,118
December
June
December
1961-68
I96&-69
I96U-69
(taxable
(taxable)
(taxable)
2,831
3.761
3.838
3
13
13
513
633
1965-7O
I966-7I
June
1967-72
September
1967-72
2-l/2iS
Total TreaGury bonde
(taxable)
(taxable)
(taxable)
(taxable)
15
11
2U
170
131
853
_2_
W2
1,592
3.060
U21
9.360
20.31*3
Zji
mi
2-l/U?i
Sf,
2-1/36
2-l/l»?;
2-3/U^
2-3/U^
2-1/1)*
l-i/kli
2-l/XS
2-l/2iJ
2-1/ SS
2-l/£J
2-l/2'{
March
2-1/2?
2-l/a6
!-larch
Postal savingB and other bonds
(vfaoll^)
Postal sarins bonds
Panama Canal bonds
(wholly)
(wholly)
Conversion bonds
Total postal saving and other bonde
Quaranteed Beeurltiee U/
Federal Housing Administration debenturee
I (partially)
(taxable)
I
Total ^laranteed eecuritiee
Total public marketable securities.
1,1(85
5,197
3, 1)81
7.967
2.71b
107. 0U9
117
50
29
"195"
10
30_
832
635
2
32
9
606
591
968
p
63
1.1*08
1*3.132
831
110
139
28
1,1*69
9
8
391*
679
190
1,131
10
1*31
31*5
companies
'I
120
77
lU
1.521
266
72
in
87
108
67
10
137
20
2,067
182
lU
1*U
37
115
13
35
315
50
72
830
719
112
75
^^
II
78
52
1.379
102
106
206
211
121*
1,091
Ul
1.373
1,610
1,611
1,31*2
31
1.572
1,566
s
2,1*78
2,U36
1.576
2.971*
398
18,163
1*2
16
87
23_
2,180
206
261*
677
1.091
1,281
502
S67
676
88U
252
6.903
26,961*
35
?5
35
121/
77.127
2.897
233
378
1,603
1,008
3.11*6
1*83
1)8
16
182,829
ao
l*lU
2
"IF
1,180
71*
1
39
80
28
IS
Back Pigureei
The Treasury Surrey commenced with data for Kerch 31. 19^1 sod
has teen puhllshed regularly In the "Treasury Bulletin" since Hay
I9U1. He-vleloas of data for September 30, l^UU appeared in the
February 19U5 Issue, page 53: reclassification of data on banks for
the period IToTonber I9U3 throu^ February 19^ appeared in the May
19^ issue, pa^es 5^-57; rerleious of data on Insurance companies
for May 3I. 19^3 ™i^ prior months appeared In the Hovember 1^3
Issue, pa^es 52-63.
•
Less than $500,000 or less than .05^.
Securities held In trust departments are excluded.
1/
2/ IncludeE trust companies.
This column Includes securities held by those banks and insurance
conpaales which axe not covered In the Treasury Survey.
See headnote to this section.
^
12
lne\iraiics
It
52
529
lit
1,206
51
19
12
16
251*
653 fire,
casualty,
and marine
111 V. 8.
Held ty
Government
a^ndes and all other
trust funds, iBTOBtors
and Federal
2/
Eeserre
Banks
2/
sV
21.501
U/
5/
6/
jJ
kV
12/
13
1*20
26
"liar
7
2,611
29.1*22
Aiaranteed eecuritiee held by the Treasury ere not included,
federal securities fall into three broad groups with reapect to
Imposition of federal income taxes on Incone derived therefrom.
"Wholly" tai-exenpt securities are exempt from both the normal
and surtax rates,. "Partially" tax-exempt securities are exempt
Tron the normal rates except that in the case of partially taxexempt Treasury and savings bonds, interest derived from $5>000
of principal amount owned by any one holder is edso exempt from
the surtax rates.
"Taxable" securities are subject to both normal and surtax rates.
Includee an estimated amount of Federal Eoualne Administration
debentures
Actual figures by tax status are unavailable.
January
1^6
53
Treasury Survey of Ownership of Securities Issued by the United States
Government and by Federal Agencies, October 31, 1945 - (Continued)
Section
I
-
Securities Issued or Guaranteed by the United States Government
-
(Continued)
Table 3.- Public Non-Marketable Interest-Bearing Securities
(Par Taluea ly - In
mlllloM of dollar»)
Held
ysj
Inveatora covered In Treasnry Surrey
Banks 2/
laeue
Total
amount
outatandln^
(Tax atatuB 2/ la Bhovn in parentheaea)
7,390
consser-
clal
ianke J*/
United Statea BOTinga lionds 1/
Series A-D
Series I
Ssrlea T
Series
Total United States saTlQ^ bonds
6/
(taxable)
(taiaile)
(taxable)
Treasury ssvin^ notes
Depositary bonds
3.551
116,786
833
(taxable)
(taxable)
8,776
510
56
U69
Guaranteed securities jj
Coomodlty Credit Corporation demand obligations
(taxable)
502
228
56.57^
1.586
1/
2/
Less than $500,000.
United States savlnge tonda, Series A-0, E, and 7 are Bhown at current redemption values. They were reported at maturity value hy the
Tjanta and Insurance companies covered In the Treasury Survey hut have
heen adjusted to current redemption values for use In this statement.
Federal securities fall Into three broad groups with respect to imposition, of Federal Income taxes on Income derived therefrom.
"Wholly" tax-exempt securities are exempt from both the normal and
surtax rates.
"Pnrtlally" tax-exempt securities are exempt from
the normal raiee except that in the case of partially tax-exempt
ISreaeury and sarlnge honds. interest derived from $3)000 of prin-
Section II
-
mutual
aaTlngs
(lax atatus 2/ Is shown In parentheses)
and marine
inraranee
companies
TJ.
3.
OoTemment
a^ncles and
tniBt funds,
and Tsderal
33
188
222
266
ll*
^5
Held
yjj
all other
Investors
5/
BaserTa
BaakB
11
6
1
1
3.3'»5
29.8ll4
82
ll40
9
99
167
11
S2i
U5.U7O
17
8,6S6
13
27U
200
279
102
177
5**. ^72
cipal amormt owned hy eny one holder Is also exempt from the sur"Taxable" securities are subject to both normal and
tax rates.
surtax rates.
Securities held In trust departments are excladed.
Includes trust companies.
This column includes securities held by those banks and Insoranee
See headcompanies which are not covered In the Treasuzy Survey.
note to this section.
Series A-D savings bonds sold prior to March 1, ISUl are partially
tax-exempt; those sold on and after that date are taxable.
Ouaranteed securities held by the Treasury are not Included.
Interest-Bearing Securities Issued by Federal Agencies
But not Guaranteed by the United States i/
(Per raluee - In millions of dollars)
laaue
Total
baokfl
169
198
•
aoTln^
316
life
Insurance
companies
All
653 fire,
oaBoalty,
29,8U1>
2.674
10.717
Total public non-marketable securities.
3t
stock
lasurance companies
Treasury Bulletin
5l^
PRICES
AND
YIELDS
OF
GOVERNMENT
SECURITIES
(Including securities issued by Federal agencies)
)
1^6
Januanf
55
Over-the-Counter CloBing Quotations on Public Marketable Securities Issued by the
United States Government and by Federal Agencies
November 30, 1945
Table I.- Securities Issued or Guaranteed by the United States Govemment i/
PARI A - TAXABLE BONDS, NOTES, AMD OKRTinOATEB
'
Price data
(Prle* daelaali ara
Tlald data
thlrty aac anda)
iaonnt
ostgtandlac
ChaBC*
iB
aoaa
froa
SaMrlptioB
(Ullid
lloni)
Oct. 31,
1915
nald
ta
earltaat
oall
2/
OhaBca
rlald
froB
Treaway bonda
^
' 3/15/U8-50
102.01*
101.19*
102.30*
103.02*
103.01*
102.02*
101.20+
102. 51*
103.03*
103.05*
102.02
101.20
102.31
103.03
103.05
103.07
103.12
101.16*
103.22*
103.26
103.0s
103.13
101.18*
103.23*
103.28
103 .08
103.12
%
3/15/50-52
9/15/50-52
-12/15/50
- 9/15/51-53
-12/15/51-55
l,02l
5.825
2-1/^
-
1.501
8,662
I.IU9
3.1/1)1
106.17
103.31
105.07
104.00
108.12
106.19
101.00
105.09
IOU.OI
IO8.1U
IO6.I8
101.00
105.08
101.23
101.25
100.23
103.02
102.11
102.01
101.21
100.22
103.01
102.13
lOe.03
102.01
101.29
101.25
101.00
107.01
102.00
101.28
101. 2l
100.31
107.00
3.062
1,011
1,292
2.098
1.963
1.939
2.635
7.98b
510
3.82J
5.281
2,118
2,831
3.761
3.83s
5.197
3. 181
7.967
2.7lb
.
- 9/15/19-51
-I2/I5/U9-5I
2*
2J(
-
%
-
1-1/2*
3(15/52-51
6/15/52-51
6/15/53-55
.12/15/53.51
- 3/15/56-58
-
2*'
3-1/2*
-
2.1/1*
2-1/U*
loo.a
a-1/2*
103.00
102.12
-12/
r/i5/si^^95/ 102.02
2-1/^
-^t
.
..
-71©
101.31
101.27
101.23
i/15/67-725/
-.100.30
^^-721/
1/106.31
9/15/67-72
2-1/2*
101.17
103.23
103.27
-.02
.00
.07
*.07
*.08
*.10
*.09
*.06
*.12
*.12
loli.oo
*.12
*.l6
*.11
*.15
108.13
.12
+.05
—Ol
*.03
*.05
*.02
*.03
*.04
*.03
*.02
1.01
Traaaqry note*
B-12/15/I45
e- 1/1/16 5/
1.291
1.910
3.261
3/1*
.90*
1*
A- 3/I5/I6
.90*^ I>. 7/1/16 5/
1-1/2* 8-12/15/146
1.918
2.707
1,687
3. 718
1-1/1*
1-1/2*
1-1/1*
1-1/2*
Bi^
0A.
3.S^
3/15/17
9/15/17
9/15/17
9/I5/I8
uo.oo 100.01 100.00
.72*
.67*
.70*
100.00* 100.01* 100.01
.81*
«5*
.83*
.
100.18* 100.19* 100.19
100.11
100.28
100. lU
101.01
100.12
100.29
100.15
101.05
UO.ll
-.02
-.02
-.01
101.01
.00
100.12
100.28
0*rtifleat«g af
ladabtaJaiae e 5/
1.579
7/8*
7/8*
7/8*
7/8*
7/8*
B- 12/l/lt5 6/
A- 2/1/16
B- jH/lfi
0- 1/1/1(6
D- 5/1/1)6
1.799
2,170
7/8*
7/8*
tT-
7/*
0- 9/1/16
»• 10/1/16
1.395
5.0U3
'i.l'»7
1.8U
V
7/8*
7/8*
.76*
.78f
.79*
•I
.82*
.80*
6A/16
.81.*
8/1/16
•85*
J- 11/1/16
.82*
.83*
•z
.86*
.81*
.00
*.02*
-.01
*.01*
-.02
t«
Data
•f
iaava
Hle^
ata-
Un
I9I5 prlea raac* 2/
(Prle* daeiaal* ar*
tbl rty^ aeond*
Urn
Blcli
ri t7
Oct. 31,
1915
laaaad by U.
$1.U5
Tlald
la
Prlca raB|;a
alaea flrit tradad 2/
(Prle* d*cl>ala are
thirty- aacoade)
Priee
8.
OonanaDent
Date
Prlca
Sat*
Prlea
Data
Price
lat*
56
Treasury Bulletin
Over-the-Counter Closing Qaotations on Public Marketable Securities Issued by the
United States Govemnent and by Federal Agencies
November 30, 1045 - (Continued)
Table I.- Securities Issued or Guaranteed by the United States Government i^- (Continued)
PARI
iaonst
<mtBtandlne
(bII-
llou)
-
TAX-EXEMPT BOMSe
January
1^6
57
Over-the-counter Closing Quotatlone on Public Marketable Securltlee Issued by the
United States Government and by Federal Agencies
htovember 30, 1945 - (Continued)
Table II.- Securities Issued by Federal Agencies but not Guaranteed by the United States
AiDotmt
Ottt-
t audi DC
(Nlllloni)
Treasury Bulletin
58
YIELDS
OF TREASURY SECURITIES
Based on Mean of
48
'50
52
54
Closinij
56
Bid
'58
NOV.
30,
1945
and Asked Quotations
'60
'62
64
66
'68
PERCENT
PERC
Explanation:
The points represent yields to call date when prices are above par,
the various classes of points ore fitted by eye. Issues for which an
and to maturity date when prices are at par or below. The smooth curves for
exchange offer has been mad* or which are due or callable in less than 3
months ore excluded.
Office of the Secretary of the Treasury, Division of Research
and
Stati8tic»
F-235-B
..
.....
...
.
.
January
..
..
.
1^6
59
Average Yields of Long-Term Treasury and Corporate Bonds
(Percent per annum)
Partially
HighTaxable
tax-ezanpt
grade
Treasury
Treasury
corporate
bonds 1/
tonde 1/
bonds 2/
Sate
Partially
Taxable
tax-ex empt^
Treasury Treasury
bonds 1/
bonds 1/
Monthly series
1937-Jan..
Yet..
Mar.
2.56
3.09
2.51*
3.21*
2.66
3.36
Mar.
Apr.
Hay.
June.
2.83
2. SO
3.t3
3.36
2.21
3.31
July.
Aug.
Sept.
2.78
2.78
2.82
Oct..
Nov..
Dec.
2.82
2.78
2-73
.26
.22
•17
2.69
2.6s
2.67
.17
19l*l-Jan..
June.
19'40-Jan..
Feb.
Hljtgrade
corporate
bonds 2/
Partially
Taxable
tax-exempt
TreaBuiy
Treasury
bonds ly
bonde 1/
^
2.30
2.32
2.26
2.81
2.79
2-77
Apr.
May.
June.
2.26
2.39
2.71*
^r.
2.!i0
May.
June.
2.05
1.96
1.91
2.1*8
2.87
2.93
3.27
J\ily.
2.30
2.31
2.25
2.S5
2.S0
2.71
.
3.26
Aug.
Sept.
July.
Aug.
Sept.
1.91
1.92
1.90
2.1*5
2.1*6
2. lie
Oct.
Nov.
Dec.
2.21
2.09
2.01
2.70
2.65
Oct.
Nov.
Dec..
1.91*
2.1i«
2.1|«
1.95
2.1*9
.16
Feb..
Mar..
2.12
2.22
2.12
2.57
2.71
2.73
1.95
1.93
1.91
2.1*9
2.1*8
2.66
2.56
2.58
3-25
3.1U
3.15
J^r..
May..
June.
2.07
2.76
2.75
2.7D
Apr.
May..
June.
I.9U
2.01
July.
Aug..
Sept.
2.58
2.57
2.63
3.12
3.10
3.12
July.
Aug..
Sept.
1.98
2.01
2.02
2.66
2.65
Oct..
Not.
Sec..
2.55
2.56
2.56
3.06
3.0U
3.02
Oct..
Sot.
Dec.
1.9s
1.95
2.06
1939-Jan..
Feb..
Mar.
2.51*
2.43
2.96
2.90
2.87
19U2-Jan.
Feb..
Mar..
Apr.
May.
June.
2.38
2.27
2.22
2.92
2.86
2.78
July.
Aug..
Sept.
2.23
2.27
2.67
Oct..
Nov.
2.60
2.16
2.35
.
193s- Jan.
.•
ret..
Mar..
Apr.
.
Dec.
.
.
.
.
.
2.59
2.OI;
2.6i*
2. 31*
2. 61
2. 31*
2.1*7
2.57
2.68
2.10
2.17
2.10
2.1*8
2.1(6
2.76
2.80
2.80
Apr.
May..
June.
2.07
2.06
2.1*1*
2.
2.1*5
2.
2.01*
2.1*3
2.75
2.76
2.79
3.29
July.
Aug..
Sept.
2.OI*
2.1*6
2. 71*
2.06
2. OS
2.1*7
2.1*6
2.73
2.73
3.1t
Oct.
Nov..
Dec.
2.09
2.10
2.13
2.1*5
2.1*7
2.1*9
2.72
2.71
2.72
2.93
2.86
.
.
2.1*«
n
191*3- Jan..
2.11
2.11
2.12
Feb..
Mar.
19ltlt-Jan
1.90
.
Feb..
Mar..
.
2.1|6
2.1*6
2.1*8
2.1*6
2.1*5
2.1*9
2.i*e
1.91*
2.1*9
1.91
2.1*9
July.
Aug.
Sept.
1.89
1.90
1.93
2.1*9
2.1*8
Oct..
Nov.
Dec.
1.93
1.90
1.87
2.1*8
2.1*1*
Feb..
Mar.
1.81
1.75
1.70
Apr.
May.
June.
1.68
1.68
1.63
2.39
2.39
2.35
July.
Aug.
Sept
\\%
l.6g
2.3^
2.36
2.37
Oct..
Nov..
1.62
1.56
2-35
2-33
19l*5-Jan.
.
2.1*7
2.1*8
2.1l8
2.38
2.1|0
Weekly eerlee - Saturday figures 5/
19l*5-June
2.
9.
16.
2330.
1.68
1.61*
1.62
1.62
1.62
2.37
2.36
2.35
2.55
2.55
2.31*
2.54
2.33
2-53
i9i*5-Aue.
1*.
u.
18.
25-
Sept
July
7.
11*.
21.
28.
1.62
1.62
1.63
1.66
2.31*
2-33
2.31*
2.36
2.52
2.52
2-52
2.55
1.66
1.6E
1.69
1.69
2.31*
2.31*
2.5U
2.56
2.56
2-57
19l*5-0ct.
2.36
2.37
1.68
1.68
2.37
2.37
2.37
2.37
2.36
2.57
2.57
2.55
2.56
2.56
Not.
1.69
1.66
6.
11.
20.
26.
3.
10.
172l*.
1.63
1.62
1.60
1.60
1.59
1.58
1.56
1.5U
Dally Series
19l*5-l!oT.
1
2.
3.
I:
78.
9.
10.
1.59
1.59
1.59
2.35
2.35
2.35
2.51*
1.58
2.31*
2. 51*
1.5^
2.31*
2.55
1.58
1.58
1.58
2.33
2.33
2.33
2.
¥
51*
m
V
I9U5-B0T. 12.
2. 51*
2.51*
1516.
17.
19ao.
a.
1.56
1.56
1.56
1.56
1.56
2.33
2.33
2.33
2-33
1.56
1.56
1.55
2.33
2.33
2-33
19U5-DOT
2.56
2.55
2.55
2.55
2.55
2.5U
2.5"*
2.51*
22.
II:
26.
2728.
29.
30.
-^
2.36
2.35
2.31*
2.35
2.35
2.33
2.33
2.32
«
60
Treasury Bulletin
Z
o
ffl
UJ
a:
o
Q.
a:
o
o
i
liJ
fc
(T en
I- *
UJ
II
O
u.
o
(n
o
_i
UJ
>
UJ
<
UJ
ro
January
61
1946
CORPORATIONS
OF
THE
CERTAIN OTHER AGENCIES
UNITED STATES GOVERNMENT
AND
.
Treasury Bulletin
62
Section
I
-
Income and Expense of Corporations and Certain Other Agencies of the United
States Government, for the Three Months Ended September 30, 1945
Table 1.- Summary
CZn thousandfl of dollarB)
Corporations
iBtal
Operatlr.K Inoome and expenae
Operating Income
Interest on loans
Interest or dividends on Investnente.
Ooaranty and Insurance premiums
Sales of coamodltles or services
Rents and royalties
Other Interest and rental Income
Freolune fees and assessments
Frogrem operations Income
Miscellaneous
80,227
.
,
,
Total operating income
Operating expense
Interest on Iwrrowed funds
Ooarenty and insurance losses
Cost of sales
General overhead expense
Depreciation and obsolescence
Frogcgm operations expense
Maintenance and operation of properties.
I'^scellaneous
Total operating expense
Net operating Income (or loss l/)
12,1*23
18.710
81*9. 661
28.352
2.162
27.379
132,106
7.U9I
1.178.510
U0,8l»2
1,801
810,066
60.083
1,U63
'(43.867
15,lAl
6.790
1.38O.35U
-201.8ltl»
Non-operating Inoome (or loaa 1/)
Direct grants, subsidies, end contrl^tions
loans receivable charged off
Gain (or loss l/) on acquired security or collateral
Gain (or loss l/) on sale of miscellaneous assets
Miscellaneous assets charged off (net)
l-Uscellaneous
Uet nott-operatlng Income (or lose l/)
.
Net income (or loss 1/) before adjustment of valuation reserves.
-27'*
7'*.327
-2.1*50
-1.155
1.793
-m
-657
-277.171
-t79.oi5
Adjustment of valuation reaerveB
Haserve for losses on loans
Reserve for losses on acquired security or collateral.
Other reaervBs
Net adjustment of valuation reserves
Het income (or loss 1/ )
-6.175
'*90
383
-5. 302
-1*8 1*.
317
AnalyalB of unreeerved earned surplus (or deflolt)
Unreserved earned surplus (or deficit ?/). June 30. l*^^
Net income (or lose 1/) for the 3 months ended September 30, 19^5
Surplus adjustments
Unresfirved earned surplus (or deficit 2/), September 30, 19't5----
-12,239.655
-'*8ii,3l7
-36.129
-12,760.100
'*5.253
Onrtala
other
a^neiefl
January
1946
63
Section I - Inoone and Rxpenae of Oorpomtlons and Certain Other Agenclea of the United
States Govemnent, for the Three Montha Bnded Septeaber 30, 1045 - (Continued)
Table 2. - Corporations^
(In thouunda of (ksllara)
Sc^artaent of ierltmltrsre
Ccootlgqed on follovlag p^e)
fc»cntlT« Offloo at the Ppetldent
Iton Orsdlt AibBlnifltrattoa
Office for SMr£«ae7 llaiu^aneBt
Total
Torelgn
Xoononlo
M&lntstratlon
Office of
Interimerloan
Affaire
a/
2/
(oonttmud on follotrln^ PM*)
Comodlty
ai&Uer
Var
Planta
Corporation
7»dand
Credit
Coxporation
latarcoop«r»'
tlrai
cr«dlt
banks
?*d«r«l
Und
bank!
5/
Operating inooma ana expenae
C^gatlne
Ijteone
iBtereet on loens
Intereet or dlTldende on InTeetmenta
(Kiaranty end Ineoranoe preBlme
Salee of comoditlee or aervloee
Rente and royaltlee
Other Intereet end rentel Incaae
Preolnms. feee. and Aeeeeeaente
Pro^rem operatlono iDOoaa
Mleoellaneoue
Total operatlflc laeoae
15.253
11,713
30,095
366
8lt9,6ei
223.877
2,50U
U
799
75
11.127
838
1,065
1.378
U,999
3,oeit
56
676
"•.655
766
167
JIO
381
2,li6o
lU
99
3
99
7,3«3
la
97»,n9
22H.0TT
38.986
1,801
930
228.233
Oeneral orerhead e^enae
Dapreoiatlon and oheoleeoenee
Proeram operatlone e^enee
l.itQ
38.905
Het opertttinc iBOoae Cor loae 2/)
a8
,37
655
't,OJl
810,0fi£
Atal operating ej^anae
1,160
3119
27.379
Cparatiog aapettaa
Intereet on liorroved fnade
0uar«nt7 and Inenranoe loeeee
Coet of aalee
Maintenanoa aid operation of prepartlee
Mieoellaneona
700
1.198
109
1,059
83U
1.955
2.390
It99
1.856
368
6.533
"T^Tior
-as
I8,6ll»6/
1U_
lU
927.355
232.978
83H
51,'tat
-8.901
-775
22,630
-JiL
7.111
698
U.858
Hon-operatlng Inoone (or loaa 7/)
Blreot cranta, eobaldlee. eat oonrlVnileBe
Leene reeelTable charged off
Oaln (or leee 2/) •& aoqalred eeenrltx or
oollaterel
-a«3.3»9
-1,281
-595
Immc
(or leee 2/)
-3.91>>
-IM
-552
1
-A
9*ln (or leee "Jj) ea eale «f aleoellaaeaae aeaeta
Hleoellaneone aeaete aharged off (net)
NleoellaBaena
let « » » eyai atiag
-3.393
11
233
3«7
-S5
l«7
1)2
-1ft
-a^3.36U
-1.16£
-ai.900
-10,067
-3.'^
-172
-lt,Ui6
-g,00»
-25.690
_^i.
W7
=52=
5'315
let in ecMi (or leaa J/) before adJiiataeB* of
Taloatloa reaerree
i^i
_aL
Aajuataent of Taluation reaervea
Eeeerre for loeeee on loane
Beeerre for loeeee on ac^jolred eeonrltj or
collateral
Other reeerreo
Set adjuatment of Talnation reeerree
let laeoBe (or loee JJ)
-lt.>>56
-1,800
-27
-393
-2
1,800
_55L.
-l,U7l»
-27
-a3.37U
-10,067
-3,3ltl,g65r
-a3.37»
16U
1
852
-aU.gjsg/
,223
-2,oy)
-183,a09r
-5U,U9
-s.gu
-10,067
16,337
-*,223
-2,030
l»7
-8.5U
-176.939
-5».3'«
-22.655
1.331.192
-229
701
531
5,116
AnalTali of unr«a«rT»d earned eurplue (or
dafioltT
%reeerTed earned eorplne (or deficit 2/)t
Jane JO, 19U5
Vet IncoBe (or loee If) for three aontba ended
3«ptemher JO. 19lt5
Sorplne adjnetnent a
TAireeerred earned aniplne (or deficit 3/)t
Septenher 30, 19>»S
135.:
-3,'a9.»7'*
-1.297.8lt3r
26,813r
22,US2r
71.556r
701
531
5.ue
27,515
22.953
75.976
-697
lenaed.
Uaa
than $500.
Oonalate of oorpomtlone In which the Tlhlted Statee Oorenment hae
a ^roprletarr intereet, direct or indirect, except ftderal eBTinge
and loan assoclatlone and thoee oorporatlone in vhloh the jn'oprietezy Intereit of the United Statee la OTldenoed only
Preferred
etock or capital aotea aotjolred throng the Seconetrootlon Tlnaiee
V
2/
^
Corporation or prodnotlon credit oorporatlone.
Oonelete of Petrolenn Seierrei Corporation, Kihher Eerelopaent Corporation, end n. 8. Oonoerclel OompaaQr.
Conilite of Inetitnte of Inter-ioerloea Affaire, Inetltute of InterAmerican Treneportatlon, Intar-imerlcfln Zdnoatlonal Itrandntlon, Inc.,
Inter-inerloen Harlgatlon Corporation, and Prendnradlo, Inc.
(Oontinned on follovlcg page)
Treasury Bulletin
GUr
Section 1 - Income and Expense of Corporations and Certain Other Agencies of the United
States Government, for the Three Months Ended September 30, 1945 - (Continued)
Table 2.- Corporationeiy -(Continued!
ilr.
tbooMada of dollar*)
Hvpartnant
of Comiarca
Dkpartficnt of A^tealt^ire - (eontlimad)
Sspartaeat
of Xnt»rlor
D»p«ta«at
of Jaatlea
Vara Cradlt Mnlclatratlon - (eontinued)
Bcelonal
Production
credit
eorpor^tlona
A^looltoral
Credit
Corporation
of
D.
r«d«ral
fan)
Mortgage
Corporation
Tadoral
Crop
Inauraaca
Corporation
IWdaral
Snrplua
CoDBodltlaa
Corporation
Inland
tfatarvagra
Corporation
10/
A*
Mteral
frlMn
TlrclB
Xtlandt
latettrttt,
Inc.
0.
Operating Inoome and expgnee
'
PperatlJig lacome
Interest on loans
Intereat or dlvldendB on InvoBtmente.
Guaranty ajid Inenrance preaiiauB
16
3.960
72
1)07
u.sto
SaleB of commodities or aerrlcee.
Rents and royalties
Other Interest and rental income.
17
lU
3.91)0
lU
3.9l)0
28
FremiumB, fees, and assesaiicntsPrograD operations Income
MiBCellaneoUB
30
1.698
Total operating Income.
1|08
85
3.991
Operating eipenee
Intereet on 'borrowed funds.
Onaranty and tosuranoo losses.
Coat of sales
u.aUo
1.759
1)58
1.763
General OTerhead expense
Cepraciation and obsolescence.
Program operations eipenss....
1.781
372
3.71)2 11/
6
15
3.232
96
9
85
117
3
1.136
Maintsnance and operation of proportlee.
Miscellaneous
307
Total operating expense.
Vet operating income (or loss Jj),
372
12g
2.239
5.511
1.656
35
-U3
1.753
-1.271
lou
3.317
-12
_62i.
Non-operating Inoome (or loee J/)
Direct grants, stLbsidias. and contributions....
Loans receivable charged off
Gain (or loss ]J) on aequlrvd security or
collateral
lU
-62
a?
Gain (or loss 2/) on sale of miscellaneous aaaetB
HiscellaneouB assets charged off (net)
Miscellaneoue
2.
Set non-operating Income (or loss JJ).
1.829
-565
-1)8
1.864
-308
1.705
Boserre for losses on loans
Rsserre for lossss on acquired soourlty or
collateral
Other reserres
26U
-2.963
Bat adjustosnt of Taluation reserrea.
263
-2.ao6
1.871
-1)0
-i.ioi
12. ns
-7,1»1»9
SU.TOU
1.871
-1)0
-1.101
-265
-389
2U
2U
Set income (or loss JJ) before adjustment of
Taluation reserres
-1.271
lOU
-1,271
101)
6UT
ftdJUBtment of valuation reaeryea
Net iBOone (or loss JJ)
157
lt_
6l»7
.^L
Analyele of unreeerved earned eurplue (or
defloitr
Ohreserred earned surplus (or deficit 2/)i
JVmo p. I9U5
Net income (or loss JJ) for three months ended
Septembsr 30. 19U5
Sorplus adjustisents
Unreserred earned survlua (or dafioit ^).
Soptoahsr 30, 191*5
kj
lU,5g7
-7.1)89
With respect to basic conaodities operations, transactions are reflected only throu^ Ai^ust 3I I9U5: transactions relating to supply programs (procaBsod foods) activities have not yst been reported for the current year.
Includes actiTltiea of the 7edaral Land Banks of Bsi^eley. Springfield. LoulsTilla, Houston. St. Louis, and Spolcane. which have re-
53.603
,
^
6/
2/
8/
2.673
A
-1.2
-2.529
-7U.393
178
25
lOU
-13
1
2.673
276
r|
::2.
-25
17.39'»
6D7
-»7
17.995
tired the coital stoclc and paid-in stuplus prertously b*ld by the
United States Govemment.
Figures are shown nst; figures for gross salsa and cost of sales
are not availabls.
ilegative figures Indicate loss.
Includes indirect grants, subsidies, and contributions.
(Continued on foll«d.l« page)
W
.
Janaary
.
1^6
65
Section I - Income and Expense of Corporations and Certain Other Agencies of the United
States Government, for the Three Months Ended September 30, 1045 - (Continued)
Table 2.
Corporations-^/
•
-
(Continued)
(In thousanda of dollars)
Dspartment
of War
Federal Loan
A^ncy
BeconBtructlon Tlnance Coiporatioa and certain affiliates
TUtal
States
%1IUC«
/Production
Corporation
ftcportIiqport
BeDk of
WaflhlngtOD
Federal
Dflpoelt
IZLBuranoA
Oorp oration
Ml
riaconat ruction
Floanoe
Corporation
Operating Inoome ana «»p«na»
Operating Inooma
Interest on loans
Interest or dividends on isTeetnents.
Ouaranty and insuranoe premlnns
ii.iisu
1.580
5.180
2U.3g9
> .
Sales of comiodlties or serrloee
Rents and royalties
Other Interest and rental laooua
595 .691
311
Premiums, feee. and asseeements
Program operatlone Income
Hlscellaneous
25
258
36
27.126
1.351
6.03U
6
1.921
Total operatlBS Income
29.636
Operating eigiense
Interest on 'borrowed funds
Ouaranty and Insurance lessee
Cost of sales
General overhead e^ense
Dsipreclatlon and ohsoleecence
Program operations eipense
82
tlalntenance and operation of properties
Hlscellaneous
Total operating aspenee
1.839
Set operating income (or loes 2j)
Non-oparatlnj! income (or loea 7/)
Direct grants, suhsidies. and contritetlon
Loans recelTal)le charged off
Oaln (or loss J/) on actiuired security or
collateral
Cain (or loes J]) on sale of mlsoellaneoua assets
Miscellaneous assets charged off (net)
Klscellaneoue
Uet non-operating
incme
(or loss J/).
Vet incoBte (or loss JJ) before adjustment of
Talnation reserree
1.839
28.715
-3
1.839
28.715
105
2U.I(1|£
-3
1.839
102
26.28U
Adjuatment of valuation reeervee
Reserve for lessee on loane
Reserve for lessee on acquired security or
collateral
Other reserves
Bet adjustment of valuation reserves.
Bet Income Cor loss Jj)
dnalysle of unreserved earned eurplug (or
defloit)
tbreserved earned sujplas (or defloit 2/).
June 30, ISU?
Het Income (or lose Jj) for three months ended
Septmber 30. IJUJ
Surplus adjustments
Unreserved earned snzplue (or deficit 2/).
September 30. ig^S
10/
a/
2.5S2
51
16/
28.715
-28.715
161.
federal
National
Kiortgege
AatoclatloB
The BTC
Hortgace
ZowpBny
Deioafe
Corporation
10/
.
Treasury Bulletin
66
Section I - Income and Exi>en6e of Corporations and Certain Other Agencies of the United
States Government, for the Three Months Ended September 30, 1©45 - (Continued!
Table 2.- Corporations!/ -(Continued)
(Ib
thouMBda of dollar*)
National Housing Agency
federal Boae loan Bank Administration
JPsdaral
loan
basika
Saving*
and Loan
Inauranot
Corporation
Unltad
Boma
Oimarl'
Statai
l«an
Corporation
Housing
Corporation
w
7ederal Public Housing
luthorlt7 and afflllata
fedaral
Public
Bousing
iathorlt;
18/
Defenaa
HoDe*
Corporation
Panaaa
Railroad
Coapan7
Tennatsaa
Talley
Aaaoclated
CooparatlTOI.
Inc.
TenaoBioa
Tallay
iuthorlty
Operating Inoome and expenae
Ope rat tag Ineoae
Interest on loana
Interest or dlTldanda on InTOitaante.
Qnaranty and Insurance premlnniB
.
.
75U
923
1,U12
Sales of comodltiee or Banrteaa
Heote and ro7altlee
Other Interest and rental Incoae
10.529
33U
2U
1.920
6l(
52
209
1.688
111.052
1,906
lU,ll6
II.7I15
67
Premlofss, fees, and assessiDttitc
Program operations Income
Hiscellaneous
Total operating Ineone
Operating aapenae
Interest on 1}orrovad funds
Quarantjr end laauranoe lossas
Cost of ssdas
Oanaral orarhaad ezpeosa
Depreciation and obeolascence
ProgrsiD operations eiq^ense
886
1.110
If 263
2.336
139
SD6
Haintenanoe and operation of propartlee.
Mlseellaneons
119
Total operating expanse
U63
78
10.915
2.806
2.1*38
95«
167
iii
10.169
5.165
2.631
1.3^
109
27
388
926
1.951
l.»70
13.012
J6
i.iou
1.720
885
1.577
13
Uia
12,9116
ai
56
Het operating laeome (or loss JJ)
82
11.085
2.255
6.830
_S!i
11,22612;
Non-operating Inoome (or loee J/)
-1.291
Direct grants, eiibsldles. and coBtributloBs.
Loans recelTable charged off
Oaln (or loss JJ) on acquired security or
collateral
-922
Gain (or loss ^) on sale of BlsoeUaaeoBS aaaeta
Miscellaneous assets tdiarged off (net)
Hlscellaneoue
It*
Net non-operating Inoome (or loss J/).
I4U3
lOT
-6«5
-1.291
105
l,2l4ll
2.362
6. lit;
-U37
lUl
1.103
1.720
-1*37
I'll
1.103
1.72013/
1.969
'17. 1*38
105
lOT
237
Net Income (or loss JJ) liefore adjoetimt of
TBluation reserres
Adjustment of valuation reeervee
Seaerve for loaeea on loana
Besorve for losees on acquired security or
collateral
Other reserves
'•73
Net ad^stment of valuation reserves.
Net income (or loss JJ)
U71
1.2UU
2.362
6.615
Analysis of unreeerved earned surplue (or
deficit)"
TMreserved earned aurplus (or deficit 2/)«
Juno 30 I9U5
Ket iuoone (or lose jJ) for three months ended
Septenher 30, 19U5.
Surplus adjuetments
Unreserved earned suiplue (or deficit ^),
Septcdter 30. I9U5
.
15/
1^
iX/
18/
8,053
i.sUt
-31a
g-9g6
16/1
2.362
-2.362
J6l
Corporation »or« dlssolTod and merged trlthln the Reconstruction
Finance Corporation.
Excludes cost of financing war subsidiaries.
The total surplus 1b shown as liability reaenres to cover poaatble
insurance losses.
*ll assets and liabilities liquidated.
Figures represent activities under D, 3, Housing Act, as ameoled.
War housing and other operations of the Authority are rpflected In
the classification "Other" in Table 3.
-I06.0g9r
-33. 9U
6.615
-99.''73
-33-911
-30.l66r
-^37
-189
lUl
-1
-30.793
2.110
-U.699r
1.72012/
'tg.37i
-9.979
19/ The net IneODe from power operations has been reduced by the net
outlay for noo-revenua producing programs such as flood control,
navigation, and experimental projects.
20/ War Damage Corporation, now ehown separately, was included in the
October igU5 igsue of the "Treasury Bulletin" in "Other" under Tedoral Loan Agency with the defense Plant Corporation, Defense Supplies Corporation, Metals Reserve Company aal Rubber Reserve Company which were dissolved rnd merged with the Reconstruction flnaoea Corporatl on effective July 1, 19U5.
January
1^6
67
Section I - Income and Expense of Corporations and Certain Other Agencies of the United
States Government, for the Three Months Ended September 30, 1045 - (Continued)
Table 3.- Certain Other Agencies
.
Treasury Bulletin
68
Section
II
- Sources and Application of Funds of Corporations and Certain Other Agencies of the
United States Government, for the Three Months Ended September 30, 1045
Table 1.- Summary
(In thooxaadfl of dollars)
Total
1/
Corporations
0«rt«ln
oth*r
1/
Souro— of
fundfl
Borrowlziga:
IVom U.
S. Treasury
T^om SoTamaent a^BCles
720,000
282,211
720.000
2U6.301
'*
50, 336
l,Ui6,637
PSroa pulillc
1.^.9^7
Total borrowing
Capital and surplus arubeerlptioiis:
By U. 3, Tire&mirj
%
30.350
3.939
OoTsmment a^noles
hm
1^ public
Total ce^ltal and surplus subscriptions
30.350
3,939
5.837
.
110.127
Approprlatloas 2/
Sale or collection of InTeetments:
Public debt obligations of United States
Securities of GoTermoent agencies
Other securities
Total sale or oollectlon of Inrestmants
1.US2.59U
21,087
103.1*09
»*02.357
103.391*
20,870
526. 63^
20. 197
Bapapmente on loans
Sale of accTulred seonrlt^ or oollateral
Decrease In working capital and deferred Items
Funds proTlded by profit on operations k/ 5/
Other sources
Total fdnds provided
1.000,081
13.^35
128.313 3/
93.09* 5/
157.238
^.
U,tf9b,U2U
2.000
125.591
96o,70i»
7.7"^
80.781
56.223
97.7't9
~
3.eob.b43"
Applloation of funds
Repayment of borrovlngB:
To U. S. Treasury
To OoTemment agencies
To public
Total repcqnnent of borrowings
Bepayment of paid-in ce^ltal:
To U. S. Treasury
To OoTemment agencies
To public
Total repayment of paid-in capital
Purchase of InTestmente:
PubUc debt obligations of United States
Securities of OoTemment agencies
Other securities
Total pjrchfise of Investments
Loans made
Acquisition and Improvement of acquired security or oollateral.
Acquisition and Improvement of land, structuree, and equipment.
Increase In working capital and deferred Items
Fnnds applied to loss on operations U/
Other applications
Total funds applied
lWO,357
252.900
U30.887
"WO. 357
l.OgU.iUi*
1.080.077
63.561
62,87l»
2U8,832
1*30 1887
5.339
5.339
g(s.90i
68,21lt
177. 03U
17't,73't
720,751
lU.OBl
911,865
189. ggt
^51
IU.O8O
,
853.355
10,1180
72U,l(59
Ul2,l67
772.7't2 h/
58.310
t.896,t2't
.
2.
775.1^7
1.985
106.971
228.573
330.006
25,756
806. 643
Ad.luBtmente of nat Inoome (or IobaI
Bet income Cor lose 5/).
Depreciation and obsoleecence
Assets charged off
Capital gains 8/ and losses
Adjustments of valuation reserves
Other adjustments
l^inds provided by profit on operations.
I^ands applied to loss on operations
.
.
.
^77.198 1/
l»,522
2,9^3
-851
U,63i
-213, 73U
93.0^
772.7^2
-2n.37>t
4 522
1.772
-2.U7U
3.2't3
-67.U72
56.223
330.006
35.911
g.399
38,310
•
January
1^6
69
Section II - Sources and Application of Funds of Corporations and Certain Other Agencies of the
United States Government, for the Three Months Ended September 30, 1945 - (Continued)
Table 2.- Corporations^
(In thoUMindB of dollars)
IxocotlTO Office of the Prasidont
Ospartment of Agriculture
(contlnttad oa follovlae page)
Term Credit Msdnietratlon
(contlnoed on follovlae pa^e)
Office for Aiereeney Maajigaaent
fatal
IbreljB
Isoaomic
4ilTi1n1i
tration
Office of
InterAaerlcen
Affaire
2/
SouroeB of funds
S. Treawiry
From OovexTuiwnt ogenclee.
?ron public
Total borrowlsga
Ce^ltal and sorplue sabaorlptionsi
Bj U. S. Treaaoxy
B7 OoTemnesit agencies
public
Total capital and
mrpXua
7SO»000
2U6.301
Ugo.336
238.658
I,»il6,6j7
238,658
30.350
3.939
5.837
^
subaorl^tiott*..
J^proprlatlona 6/
110,127
21.087
Sale or collection of InreatBentet
Public debt obligations of Dhlted States.
Securities of Oorenment agencies
Other securities
Total sale or collection of InreBtoeate..
Bepa^eait on loans
Sale of acquired security or oollatsral
Decrease in working capital and deferred It^M Jj
Funds proTlded by profit on opsratloue 8/ 2/
Other sources
Total funds proTlded.
103. 39U
2,000
aO.197
125.59X
960, 70U
»,781I/
56.223 2/
97.7U9
3.203
900
2.806.^3
2>e,7£i
1*00,357
2l4S,832
223,512
Applloation of funds
Eepayaent of borrovlaget
Ton.
S.
Tireasuxy
To OoTemnent ageocies.
To pitbllc
1*30,887
Total rapayment of borrovlngs.
1.080,077
Repaynent of paid-in capital:
To U. S. Treasury
To OoTemaent ageocles
To public
Total repey&ent of
5.339
6<,21>»
Purchase of lnTeetsasxts:
Public debt obligations of TAilted States
Securities of Qorsrament agenoias
Other Bocurltles
mMl
2.363
security
or collateral.
Acquisition and lA^roTeoent of land, stmcturest
and eqtilpmeiit
Increase In working capital and deferred Itsns...
Fonde called to loss on operations 8/
Other fippllcatlons
Total funds applied
17U.73'*
189. $6U
Total purchase of InTestaauts.
loans made
Acq^Bltion and laq>raTeawnt of acquired
223.512
62,87U
pal^ln coital.
1.985
106,971
228.573
330,006 8/
35.756
9,269
2,98U
'1,633
2.806,eU3
ate, 761
-213.37U
-10.067
AdJuBtmente of net Income (or loea)
Bet incone (or loss 11/)
Depreclatloo and obsoleeeence
Assets charged off
Capital gains 13/ and losses
Adjustments of valuation reserves
Other adjustment s
S^mds proTided by profit on operations.
Fcmds ^jplled to loss on operations....
•1.522
I.T72
-2,U7U
-67.'»72
1,800
5.283
56.223
330,006
g.gsu
3.*3
Cocmodlty
Credit
Ooxporatlon
Banke for
cooperattvea
Tederal
Inter-
Mdlate
-
federal
land
credit
banlce
2/
Bo rr ovinia:
FroB tJ.
Sosller
War Plants
Corporation
5/
70
Treasury Bulletin
Section II - Sources and Application of Funds of Corporations and Certain Other Agencies of the
United States Government, for the Three Months Ended September 30, 1945 - (Continued)
Table 2.- Corporations!/- (Continued)
January
n
1946
Section II - Sources and Application of Funds of Corporations and Certain Other Agencies of the
United States Government, for the Three Months Ended September 30, 1945 - (Continued)
Table 2.- Corporations!/- (Continued)
(In tbouaands of dollara)
2/
10/
loiG ibovn at bottom of table.
Tonde applied to loss oo operations are ahovn belcw under "Jppllcatloa of fuude"*
rigarea Eire ahovc net,
negative flgores Indicate net loss.
Beg&tlTa figures Indicate capital gain.
UJ
15/
.
Treasury Bulletin
72
Section II - Sources and Application of Funds of Corporations and Certain Other Agencies of the
United States Government, for the Three Months Ended September 30, 1945 - (Continued)
Table 2,
-
Corporations-^
(Continued)
-
(In thousands of dollEirs)
national Houelng
^e&C7
7ader&l Home Loan Bank Adalnl etrat Ion
federal
home
loan
tanks
Bourcea of funds
Borrovisgs:
From IT. S. Treasury
FroD Oovemment agencies.
Fron public
32.000
Total horrovlngs
32.000
Ce^ltal and surplus sub&criptlonsi
By U. S. Treasury
'Sy Govemment agencies
Ity public
2.027
Total cq;tltal and surplus subscriptions..
2»027
i^roprlatlons SJ
Sale or collection of InTeatmentei
Public debt obligations of United States.
Securities of OoTerzunent agencies
Other securities
Total sale or collection of investmants.
Hepayment s on loans
Sale of acquired security or collateral
Decrease in working CE^ltal and deferred items Jj
Funds provided by profit on operations &/ 2/
Other soxircee
Total funds provided*
29.5»H
29.5»ti
53.653
u,2ui
SltO
122,307
Applioatlon of funda
Bepayinent of borrowings:
To U. S. Treasury
To Oovemment agencies
To publ Ic
93,000
Total repayment of borrowinga.
Hepayment of paid-in capltalt
To n S. Treasury
To OovemmeDt agencies
To public
.
Total repayment of paid-in capital.
Purchase of Investments:
Public debt obligations of United Statee.
Securities of Oovemfflsnt agencies
Other securities
Total purchase of Inveetmants*
Loans made
Acquisition and iII^)rovement of acquired security
or collateral
Acquisition and linprovement of land, structures*
and equipment
Increase in working capiiel and deferred Itens. •.
Funds cqiplled to loss on operations S/
Other {plications
Total funds epplled
Adjustmente of net In o ome (or Iobb)
Net income (or loss 1}-J)
Depreciation and obeoleecence
Asset s charged off
Csgoital gains 12/ and losses
Adjustments of v-jj.uatlon reserves
Other adjustments
•
Funds providf^ ' by profit on operations.
Fonda i^^lled to loss on operations....
Federal
Savings
and Loan
Insurance
Corporation
Home
Owtere'
Loan
Corpora-'
tlon
Thlted
Statee
Housing
Corporation
12/
7ederal Public Housing
Aatborlty and affiliate
Federal
Pnhllc
Housing
iuthority
18/
Defense
Homes
CozporEb-
tion
Tenneeeee
Talliy
Associated
Railroad
CooperaCoBpany
Fanaina
tlTSS.
Inc.
Tecnessee
Tallegr
Authority
^
.
January
.
1^6
Ti
Section II - Sources and Application of Funds of Corporations and Certain Other Agencies of the
United States Government, for the Three Months Ended September 30, 1945 - (Continued)
Table 3.- Certain Other Agencies
(In
thmuandi of dollars)
Xx«eutlT«
Offle« of tba Departaesit of i£Ticultur«
Presldant
Office for
D«partBnorgenoy
Tadaral
nent
Hana^amont
T&nn
Soral
Voika
of tha
Taxm
Credit
ELeotriInterior ieaaey
Var Shipping Adnlols- Security fi cat ion
5/
Adminis- Adminisa/
Adalolat rat ion
tration tration
tratloB
1/
Total
1/
2/
8ouroeB of funds
Borrowinge:
Trom GoTemment agendefl.
T^om public
Total borrowings
35.9U
38.310
Capital and surplus subscrlptlona:
£ty-
U.
S.
!b*ea£ur7
iMl,501
Appropriations S/.
Sale or collection of InTestmente:
Public debt obligations of United States.
Securities of Oovemment a^ncles
Other securities
Total sale or collection of investments
Bepa^ents on loans
Sale of acquired security or collateral
Decrease in working capital and deferred items
fVinds proTided by profit on operations 10/ 11/
Other sources
Total fondJB provided
15
1*00.357
U01,0U5
39.377
5.691
2.0S9.781
U.067
Total repayment of borrowings
U.067
Eepayment of paid-in capital:
To U. S. Treasury
Purchase of investments:
Public debt obligations of United States.
Securities of Government agencies
Other securities
Total purchase of investments
Loans made
Acquisition and improvement of acquired security or collateral
Acquisition and improvement of land, structures and equipment
Increase in working capital and deferred Items.
TUnds applied to loss on operations 10/
Other applications
Total funds applied
,
AdJufltmentB of net income (or loea)
Net income (or loss 12/)
Depreciation and obsolescence
Assets charged off
Capital gains lU/ and losses
Adjustments of valxiation reserves
Other adjustments
Funds provided by profit on operations.
lUnda applied to loss on operations....
,
^
36.S3iiiy
Applloatlon of funds
ilepayment of borro>/ln€s:
To Government agencies
To public
1.042,137
.
Satloaal
Hbualac
Idffllnla-
Ibitsd
States
Maritime
Commissi OS
tratlon
6/
Tedaral
Houtlug
Treasury Ballet in
Ik
INTERNAL
REVENUE
STATISTICS
. .
..
.
.
January
75
1946
Summary of Internal Revenue Collections
^
(In thousands of dollari)
Titcal year
or Bontlk
iDCome and profits taxes
Total
receipts
froB Internal reTsnae
Cftdly
Treamixy
Statement)
1936
1937
1938
1939
igto
3,512.852
19141
19W
7.361.675
118
12,993.118
22:
969
Ul, 684,987
987
igits
1*3,902,002
to IWI7
TreasTuy
Statement
318
5,161,231
5,67'*.
+30,1*70
5.303.13'*
-1.133
-19.637
Total
income
and
profits
taxes
3.W.331
+18.521
-37.16s
'».597.1'lO
igte
19U3
Total
Internal
rerenue
oellectlona
Adjustment
7.351.531*
13,029,915
22,35S,72U
+1,565.1*77
+101,661*
1)0,119.510
1*3,800,338
3,262,800
6,629,932
18,261,005
19.031*, 313
1,633.139
3,669,642
1,244,287
327,870
382.066
3,314,922
26,,849
2,617,322
2.726.523
1,821,017
1)01,817
1*25,366
5.026
6,065
3,161,712
13,11*5
61,571
5.789
1,760,877
1,989,318
1,208,613
637.651
407,123
2.795.700
9,224
9.885
20.983
106,510
236,726
44.020
1,587.872
1.569.985
1,162,276
646,443
341,598
2.379.553
7.592
U,022
1.388,792
1,466,568
636,181
383. 325
5,97s
6.149
2,300,370
-95. sn
Decenbar.
'*,9'«5.'i87
+679,875
I*
.
3.0iia,U77
3.siU,557
-631,287
-170,735
March
6,1*31,321
+813,5110
3.673.76U
3.985.292
5.617,781
3,024,164
TAnarf.
April
2.71*5,367
2,920,937
5. 38"*. 393
3,031,133
3,273.895
2.1)07,751
Ita7
-285.266
-352.957
Jona
2,396,21)0
,265,612
2.526.623
U, 81*6, 585
-631,609
-155.999
+725,043
3,158.232
3,014,684
4,121,542
October.
VoTcnAar.
2,31(0,21)0
-1*98,887
2,383.156
-320,902
2,839.127
2,704,05s
2,81*8,72?
3,157.95^*
4,995.S7U
2,405,326
4,025,296
4,61*1,11)8
July
Aaguit....
Saptem^ar.
5/
1.1*17.655
19lA-BoTaiibeT.
\°i^-laiiaarf .
Old-age
Insurance
3,471.124
8,006,884
16,298,888
33,027,802
35,061,526
5.322.771
+10,11*1
U
Social Security
taxes
Total
employment
taxes
674,416
1.091. 7U1
5.162,361*
-36,797
2/
Ktseellaneous
profits
taxes U/
1,427.446
2,179.828
2,629,030
2.185.114
2,129,609
It,6ilt,308
5,6l*3,8lt«
-22l*,755
Corporation
income and
excess
profits
Individual
Bqjloymetit taxes
2.241,907
1.916,33'*
3.552.851
2.030,951
1,856,01*1
738,5a
1,056.909
1.299.932
1.122.541
1,120.582
1.286,312
1.028.834
982,017
2,016,297
4,687,462
?, 581*.
715
629. 344
15.883.235
ll),
14.509
31.178
42,786
48
265, 7U5
33.71)0
740,429
833.521
27.010
Unee7>lo7-
ment insurance 6/
Bail road
retirement
1/
4<
71*2,660
207.339
502.918
529.836
605,350
58.119
90.267
101.167
106,123
287
149.476
109,427
122,04s
100,658
119.617
156,008
183.337
186,489
137,871
170,409
211,151
37.172
56,621
84,241
925,856
1,185,362
137.1*52
1.738,372
1,779,177
687,328
895.336
1,131,546
1,290.025
1.307.931
243,026
36.98I
199,507
3,104
7.991
877
35.528
33.000
102,795
71.26s
317,1*12
191*. 263
30,024
106,572
3.362
1.502
16.577
52.419
99.916
'*.931
^'^:^'
10,330
1,129
1,663
30,082
38,464
125,471
271*. 151
37,339
117.656
230,282
3.352
5.093
8,791
61?
2,722
^5,078
33.358
102,270
243.343
96,700
197.920
3.595
9.990
1.969
35.433
143,978
,836
l*.751
1.1*98,705
265.
OU
284,758
Hiscallaneoiu Intanial raTeiraa
rlacal yaar
or month
Total
nlscsllaneoUB
latertuLl
roTanaa
1936
1937
1938
1939
1940
2.004,513
2.188,735
2,272,158
2,236,821
2.359,641
1941
2.95'*.553
191*2
3.837.670
4,571,131
5.353.336
I9U3
19i*»*
6.959.631*
191*5
1944-BoTmber.
Decaober
191*5- January.
.
Pebniary.
March. . .
.
April....,
May
Jtaa
July
Augaat
Saptonibar
October.
HoTembar.
Sonrees
1/
2/
2/
4/
-
Cqpltal
etock
tax
94,943
137.1*99
139.319
127,203
132,739
166,653
281.900
328,795
380.702
371.999
Zatate and
gift taxea
378,840
305,548
416,871*
360.715
360,071
407,058
1*32,540
447,496
511.210
643,055
Alcoholic
bavari^a
taxas
505.21*3
593.831
567,669
587,605
624,064
Tobacco
taxea
Stasip
taxes
68.990
69.919
46.233
41.083
38.681
500.785
551.923
567.777
579.781*
608,073
819.B69
1,048, 165
1,423,480
1,618,045
2,309,864
697.712
780,792
923,857
988,483
203.751*
201.461
81,180
70,6oU
78,450
379.9*0
449,854
1*16,754
396,891
447,088
6i7,3p
95,259
102,617
4.893
U9,542
U2,4S8
116.579
115,946
104,199
90,376
89.755
116,530
96,517
116,192
103.697
100,350
520.025
558,989
364
546,806
509.926
560.337
(-a)
1*9,295
aD6.408
247
409
37.1*1*5
191*. 59I*
66,oi*7
5.718
5.893
89.153
170.878
73.6a
5.5^*6
51S.871
570,84a
571.832
409
75.U73
64,298
61,807
171.062
180,164
190,852
67.625
83,025
93,230
5.'*35
198.335
198.621
198.497
83.65s
108,472
100,738
5.870
5.500
93.471
242.799
229.586
U9.584
6,734
7.5*5
122.295
111.785
311
(-67)
261
690
824,199
531.352
104.924
208,936
6.742
lt9,32'»
44,391
675
30.015
201
790. 854
68.501
33.516
44,1*24
Daily Ireaiury Statemsnts;
(1) Total receipts froa internal raTanus:
Reports of collections made
(2) Detailed collectiona by type of tax:
by collectors of Internal reraima.
Sicladas collections for credit to certain trust accounts for territories and Insular possessions, etc.
Includes collection of taxes withheld by edployars pursuant to the
Eeyenue Act of 1942 and the Current Tax Payment Act of 1943.
The excess
Isclodas income tax collections on Alaskan Ballroads.
profits tax Included in this column is that imposed under the
Second SsTsnua Act of 191)0. as amended.
Consists of the declared Talue excess profits tax. the profit llislt-
5.983
6.300
5.1*79
97.657
^
7/
§J
62,323
I
ia.246
115,686
22S,00>*
131.767
92.888
140,039
113.1*38
Ins proTlilou of the Vinson Act, and the tax on unjurt enrichment.
Represents collectioos under the ?ed«ral Insurance Contributions
Act coaunencing September 1939; prior thereto, collections under
Title
of the Social Seoorlty Act.
Represents collections under the Federal Uhsnployment Tax Act
commencing Ssptember 1939; prior thereto, collections under
Title IX of the Social Security Act.
Represents collections under the Carriers Taxing Act of 1937Includes tax collections under the Sugar Act of 1937 and under
the dlTldenda tax lq>oaed by the Act of ..im l6, 1933-
vm
6/
120.73?
2.32U
102.
tc33a
76.173
80,161
117,502
143.540
148,925
5.11*2
50.800
65.52s
adjnttlaant
8/
206,831
400,501
732.332
1,075,401
1,430,438
1*5.155
Igrlc at-oral
Hlecellaneoua
taxea
852,069
670,015
728.694
1,206,616
39.057
41.702
932.11*5
Hanufacand
retailers'
exclaa
taxss
ttLrara'
Treasury Bulletin
76
COLLECTIONS OF INTERNAL REVENUE
1931
32
'33
'34
35
'36
'37
38
39
'40
DOLLARS
Billions
Individual
Income Taxes
22
6
'41
42
43
44
45
'46
January
1^6
77
Detailed Analysis of Internal Revenue Collections i/
(la thoufland* of dDllara)
Tlteal Tears
?irat 5 aoatlM
Iferaobttr
lype of tax
need,
19*
naeal
19l4l»
igits
year
191*5
19U6
InooDO aad profits taxes:
IndlTldoal:
Withheld
e^loyers:
Cxirrent lax Faymeot let of I9U3 2/
Earenoa Act of 19^2
Other:
Ourrent
Back
^
^
total individual tuoome taxes
Corporation:
Income taxes:
Cisrent 2/
7.038.U3«
78U,997
10,253,8tl
183, TW
18,s£l,005
8,567,11*7 U/
202,91*7
19.035.313
1*21. 682
5,890,662
727
5.2la,7U7
1.202.785
1.1*05.1*05
71
85
13
l,65i*,2a r 5/
37,125 r 5/
6,582,773
1.829.506
io5,i6e
37.170 r 5/
5.259 r 5/
51,093
20,058
7.175.592
1.251*. 287
1.566,568
1,298.092
123.109
1.300,125
176,897
7D.U7
1*58.031*
27.096
105.329
30.517
9.3'>5.198
1*.
U.Q03.520
3.317.153
2,910,078
285,853
257.579
629, 31*1*
15.883.235
5.738.91*5
5,387.099
382.066
383.325
136,980
153.798
52.770
35.567
6.833
6.135
U3U
180
137.U52
11*3.978
52.802
35.591
6.836
6,159
33,027.802
35.061.526
U. 37"*. 519
11.598.085
1.633.I89
1.856.01a
1,290,025
1.307.931
199.507
181. j7
3
186.1*89
I.I49U.U2O
672,858
29.263
702,111
61*5.916
1.U73.3M
67l*,0O5
197.920
9.990
207,910
Bailroad retirement 8/
265.011
281*. 758
111,050
108,570
35.528
35.533
Total SHpleyneat taxes
1.738.372
1.779.177
813,162
782,573
253.026
253.353
380,702
371.999
370,550
350,818
365
aoi
"5737555"
596.137
212,31*6
235.513
30.962
53.668
56.918
3.558
5.852
755
756
199.691
80,06l*
531.113
12,398
1,100
17.990
56,308
669.327
17.251
725
18.501
17.01*0
613
125,905
3.351
188
5.030
10.928
151,226
5,755
5.890
171
Total corporation taxee
'
802
521. 1*31
U, 762,711*
Back
Ezcese profite taxee (Second Herenae Act of 19'^>
as amended)
10. 263. 1*18
Hiacellaneons profite taxee:
Declared value
Tinson Act
tb just enrichment
Total miscellaneous profits taxes
Total Incone and profits taxes
Ssploynent taxes:
Social Security taxee:
Old-age insurance 6/
Dnen^loyment insurance Jj
Total Social Security taxes
Miscellaneous internal reranue:
Cepital stock tax
Estate tax
Otf t tax
37.7't5
Alcoholic beTerage taxee:
nstilled spirite (Imported, exciee)
Distilled spirits (domestic, exoiee)
Distilled spirits rectification tax
*^^nes, cordials, stc. (i^torted. excise)
Winee, cordials, etc. (domestic, excise)
Brandy used for fortifying sveet vines (r^ealed
as of July 1, igl»)
Dealers in distilled cpirlts; rectifiere; manufacturers of stills (special taxes)
Stamps for distilled spirits intended for eaport..
Case atsops for distilled spirits bottled in bondContainer stamps
Sloor taxes
Fermented nalt liquors
Brevers; dealers in malt liqnors (spsdal taxes)..
Total alcoholic beTsrage taxes
Tobacco taxes;
Cigars (large)
Cigars ( (mall)
Cigarettes (large)
Cigarettes (nail)
Snuff
Tobacco (chavlng end onoking)
Cigarette papers and txibes
Leaf dealer penaltlea, etc
Cigarette and cigar floor taxes
Total tobacco taxes
taxes:
Bonds, issues of
ance, etc
ll*,
286,871
6u,S35
18,S7U
U,027
30,068
,
281*,
32.559
2,122
1*5,269
jL
25
15_
a. 088
207.
12
8,109
8,308
5.971
U
501
5.160
5
•
350
5.185
593
302.909
65
1.062
178
2
6
1.369
8.516
85.83U
559.152
3.375
886
11,213
83,353
638,682
3.130
289.795
1.967
1.905
50,291
51
1.6I8.0U5
2.309.861*
99I*, 1*1*1*
1.067.837
303.755
229.586
lfi.717
3.556
6
3.656
88,922
675
5,201
1,231
71.952
712
5,820
103
97.657
'•9.383
30.152
107
gg
903.958
7.692
U5.269
I.16U
836,05s
7.751
59.575
1.390
666
50
129
365.259
3.017
20.955
573
2
1
1
50_
11*.
36.59J
,695
8
2,6U
lf7
1*66,907
3.218
a. 836
(-2)
6b
1.287
ax)
55.150
rz_
7
2
201*
1*_
988.1*83
932.155
399.555
510.109
n.iao
2.726
3tsai:p
o^ltal ste*. deeds of oenTsy26.21*3
33.157
13,195
16,505
Transfers of CiEpital stock and similar interest
sales
Flayij^ Cards
Silver bullion salee or t ransf ere
17.096
7.51U
25.852
7.593
9.119
3.535
10.690
3.925
Total stas9 taxes
90,800
25.759
31.218
U7
25_
(OontlnoAd on following page)
u
22_
1
5.152
3.757
2.856
959
21.
7.585
Treasury Balletiti
78
Detailed Analysis of Internal Ftevenue Collections!/ - 'Continued)
(la thonsaad* of dollar*)
Ilrat 5 BOntha
fiscal 7«ara
^pe
of tar
19U5
19>*4
Kiscellaneoas Internal rereime (eontinoad);
Manofactorers' and retailers' excise taxss:
In^rleatlD^ oils
Ossollne
Tires and tubes
floor taxes on tires and tubes
intonobile tr^xclcs and luses
Othar eoltomoblleB and motorcTcles
Parte and accessories for antomobilss
Electrical energy
Slectrlo. gae, and oil appliances
Ilectrlc li^t bulbs and tubes
Electric signs (repealed as of 11/l/HS)...
fiadlo setB, phonographs, components, etc..
Fhonogr&iii records
Musical instruments
Mechanical refrigerators, alr-condltloaars etc
Matches
floor taxes on matches
Business and store machines
ftirs - retailers' excise
Jev«l27 - retailers' excise
Luggage - retailers' ezelse (effectlTe U/l/lA)..
luggage - manufacturers' excise (suspended aa of
iMm
,
fiscal
SoTSB^r
xaar
I9U5
nar
IJlOt
52.'»73
92.865
1(05.563
to. 309
as
75.257
30.870
163,250
27,761
»
•
3.*7
20,8U7
5,702
857
17.179
20.951
U.109
l.ZSS
31,551
51.239
5.0Z7
5.3&
255
l(9',U(o
57.OOU
12.060
11.035
55
It.
'*.753
1.8<9
2.015
927
1,6t7
2,1«>6
8.671
1.963
s?
8
U,907
295
10,120
79.Ulg
m.2ao
73.851
6
73
19.288
228
2,1(98
lf.2l(8
't'*,790
86.61^
l.oil
37
98
3.132
728,69't
SW
59,763
27.255
7'(,695
29.9li(
6,598
88
1.386
7,8U
1.121
2l»
1*9
2.592
3^.336
6,526
6.660
1(08
105
21.
7
1
5
30.25J
1,687
1.633
581
1
1.503
2
10
•
«
11
8
1.206,616
U33JU2
550, eiu
95.259
16
25.978
1
73.2^
12
33.968
2
68,789
6.1*52
5. 1*17
l'a.Z75
90.199
15.851
153.683
208,018
133,56?
16,286
81.U23
52,091
95.261(
ll*.2l*7
18,719
10,106
1.282
23l(,182
108,092
215,1(88
221,088
128,701
336
7,311
300,589
95,81(1
5
^25_
683,997
3,12l»,031
Total internal reveana oolleetlona
1(0,119,510
1(3,800,338
15.311.713
Adjustment to Daily Treasury Statement
1.565.U77
+101, 66U
Total receipts from internal revenne (Qally Treasury
Statement J
l(1.68'».987
1(3,902.002
l.l(03
136.326
9.182
2,208
6,831*
119.277
199
2.817
131,866
23,969
,802
18.1*75
U,l6o
19.100
18
58
3.2K1*
lU.U7i(
102,313
95,800
115.
a6
9.365
1.329
19.885
17.525
571
m.785
18,05
'*22
1
U97
11(5.508
29,1(88
25.1*22
1*.762
6.781
3.135
13.187
971
131
529
611
30.056
6.339
1.377
99
1(80
17
3^
1
U.08l(
2.1(27
2.309
779
7.190
16
261
2.368
10
2.61(4
369
32
525
771
706.136
102.617
113. U38
3,1*56,986
520.025
6oI*.675
15.S37.6U3
2.396,21*0
2.70l*,058
-69'».750
-892.313
-95.871
-320.902
lU, 616,962
l'».9'*5.330
2.300.370
3.383.156
201
Total r«ceipte from Internal reresoe:
Sall^ Ireasuxy StateBeports of oolments; (2) QBtallad colleotlons tij type of tax:
lectiooB made by eoUectore of internal revenaa.
6.208
16
(l)
r
fiavlsed.
•
LeBfl than $500.
Sxcludee oollectione for credit to certain tniat acooiantB for
territories and Insular poaseeelons, etc.
Consists only of collections for irtiloh returns hsre been filed
with the Collector of Internal BeTemte.
Colleotlons nnder this
act as ahovn in Dally Treasury Statements consist of withholdings
deposited in OoTsmment depositaries in addition to payments accompanying returns filed with the Collector of Internal Berezine.
>UTent collections consist In general of taxes paid vlthln twelre
months after the close of the taxable year for vhlch the retnm vas
^
536
968
*
6,959.63'(
Z/
6.8l(l»
7,598
35
1.730
951
592
1,602
1.310
9.9O8
15,126
6.103
5.353.336
1/
(-31)
5,632
27.890
Total miscellaneous internal revenne
Soarce:
2,057
201
5.073
U.573
1,601
1.313
l£
371
222
1»
2.958
180
l.U30,Ug8
,
17,828
2,908
28.228
8,1(07
•
1,075.1(01
,
6,020
38.887
1(.1(87
Miscellaneous taxes:
Bituminous Ooal iot of 1937
Sugar Act of 1937
Telephone, tele^s^, radio, and cable, leased
wires, etc
Local telephone service
Transportation of oil yjy pipe Una
Transportation of persons, seats, berths
Transportation of property (effective la/l/Ha)...
Use of motor vehicles (effective a/l/Us)
Dse of boats (effective Z/l/US)
Leasee of safe-deposit boxes
Admissions to theaters, conoerts, etc
Admissions to cabarets, roof gardens, etc
Club does and Initiation fees
Bowling alleys pool tables etc
Coin operated devices
Adulterated and processed or renovated butter,
mixed flour 2/ and filled cheese
Oleomargarine including special taxes
Harcotics, Including marihuana and special taxes.
Coconut and othar vegetable oils jroceseed
National firearms Act
All other, including repealed taxes not listed
abova
Total mi scellaneous taxes
,
38,831
193,256
37,053
3.M88
t
3.760
58.726
113.373
8,3^3
51(8
P
,
3,1(02
19U5
19>t£
Z7l.a7
U.T77
Optical equlpsiant (repealed as of ll/l/Ua)
nioto^aphio s^paratus
Bnbber articles (repealed aa of ll/l/Hs)
Sporting goods
Toilet preparations - retailers' exolsa
Washing machines (repealed aa of ll/l/Ms)
firearms shells and cartridges
Pistols and rerolTers
Repealed taxes not listed above
Total manufacturers' and retailers' excise taxes
naeal
y
5/
3
filed.
Current indlTldual Income tax collections tor the fiscal year
19U5 include peyments on unforglTon portion of 19U2 tax, dxie
March I5. 19^5. of $^08.605 thousand for the period January 1, igU^
through April 30. I945.
BeTislons represent payments on I9UU estimated tax (Form 10^ IS
for 19^) prerionaly classified as back taxes, now classified as
currant taxes.
Bepresents collections under the ^deral Insurance Contrlbatious Act.
fiepresents collectlona under the Federal Unemployment Tax Act.
Represents collections under the Carriers' Taring Act of 1937Taoc imposed upon the manufacture and sale of. and the occupational
tax on, mixed flour repealed aa of HoTenber 1, 19^2.
January
1^6
79
MONETARY
STATISTICS
.
.
8
S
5
.
Treasury Bulletin
go
Gold Assets and Liabilities of the Treasury
(Is
nllUons of dollars)
IdablUtles
of e<i1<m^Br
fttr or Bonth
JtoA
Oold osuti
bchaoge
Gold reserre
against V. 8.
notes, etc. 2/
Ooll certificates 1/
StaMllzatlon
Itand
Oold Is
Oeseral land
2/
3UI.9
156.0
156.0
156.0
156.0
156.0
1,800.0
1,800.0
1,800.0
1,800.0
1.800.0
1.800.0
1,800.0
1,800.0
1,800.0
a5.3
18.1*97.'*
156.0
156.0
156.0
156.0
20.688.4
ao,6i8.8
18.581.1
18. 1*97. *
156.0
156.0
1,800.0
1,800.0
151.2
19'*5-Jaimaiy.
Te'bnuctj.
20,5>t9.8
18.1*26.0
aD.%6.0
20,U18.7
18.398.3
18. 313.6
156.0
156.0
156.0
1.800.0
1,800.0
1.800.0
167.7
151.6
March ....
iprll.
20,373.6
20,270.2
20,213.0
156.0
156.0
156.0
1.800.0
1.800.0
1,800.0
157.8
800.0
800.0
800.0
163.9
153.8
167.3
1.800.0
1.800.0
11*9.0
U.257.6
193619371938.
IS"*!191*2.
I9W.
19l*l*-]fcTein1>er.
Dscenber.
Hesr...
June..
12.760.0
8.959.6
9.212.3
1U,5U.2
U.872.8
17.&*3.U
21.99H.5
15.278.6
22.736.1
22.726.3
2i.937.e
20,glE.S
20.56>*.8
19.825.**
20.611.9
19.821.0
18.259.7
18. 163.
18. 106.
20.087.8
20,072.8
17,977.9
17,91*9.'*
156.0
156.0
156.0
20.035.9
20.029.7
17.930.8
17,921.1
156.0
156.0
18. 032.
July
iaiffiBt ....
September
October.
SoTember p.
.
Source:
p
1/
.
Dally Treasury Statements
Preliminary.
Comprises (l) gold certificates held by the pablle and in I\sderal
Baserve Banks; and (2) gold certificate credits in (a) the Oold Oer-
2/
^
1.91.6
6e2.u
110S.9
213.2
158.1*
160.7
165.U
165.1*
11*9.0
150.1*
150.3
152.6
tlficate TozlA. - Board of OoTernore. hderal Beserre System.
and (b) the Bedemption Ttmd - federal Beeerre notes.
Beeerre a^alnfit I&lited States notes and Treasury notes of 1890.
Sxcludes gold in active portion of Exchange Stabilization Sbnd.
Monetary Stocks of Gold and Silver
(In millions of dollars)
of fiscal
year or month
ftid
Oold
surer
($35 per
($1.29+ per
fine ounce)
Mas
ooaee)
Batio of
silver to gold
and silver in
monetary stocks
17-5
17.2
19.1
I8.3
16.5
1936
1937
1938
1939
10.608.1*
19*10
19,963-1
3.605.2
3.939.6
191*1
22,621*. 2
1*.
11*8.7
191*2
1*.
306.3
I9i»5
22.736.7
22.387-5
21,173.1
20,213.0 r
19ltl*-HovBmber
Itecember
20.6gg.U
20,618.8
3.876.5
3.870.6
15.8
15.8
19l*5-Januaiy
20,51*9.8
20, 506.0
20,1*18.7
3.SU1.1
3.833.6
3,800.7
15.7
15.8
15.7
April
H«y
June
20.373.6
20.270.2
3,777.7
20.a3.o
3.6S5.S
15.6
15.5
15.5
July
Aogost
September
20,152.1*
,61*2.1
15.3
15-3
15.3
October
Bovember p
20.035-9
20,029.7
.565.3
.553.6
15.1
15-1
12,318.3
12,963.0
16.UO.I
191*3
191*1*
Tsbruary
March
Source:
Dally Treasury Statement asd Circulation Statements of
Money.
2,21*9.5
2,51*2.1
3.066.1*
3.9U7.9
3. 685. 8
3.70i*.3
20.087.8
20,072.8
%ited Stateo
Preliminary.
Bevised.
15.5
15-9
16.1
15-7
1*,298.5
1
15-1*
—
..
..
.
January
u
6
.
1^46
«
7
SI
Components of Silver Monetary Stock
(In milllonB of dollars)
Silver held in Treasury
Securing silver
certificates \j
End of caleodar
year or month
Silver bullion
1936.
1937.
19381939191*0.
19U1.
19U2.
19U^.
igWt.
Silver outside
Treasury
In General Tund
Silver dollars
775-9
938 8
1.137.6
1,298.2
1.398.1
505.7
503-7
502.7
U99.0
1. 1(76.1
USU.l
U6g.3
Subsidiary
coin 2/
Bullion for
Recoinage "^
5-7
-3
5-lt
.2
3.5
5.3
2-3
U9l(.6
Bullion
at cost
Silver
dollars 1/
Ug.l
52.5
U22.lt
662.3
62«.2
63.0
78.8
U93-5
587-3
U,2l*l*.g
96.
6gl».7
1*,207.3
117.5
771.6
3,870.6
UU.g
U7.5
762.1
771.6
3.876.5
3,870.6
U3.U
ItOO.U
376.5
12.5
^,-\
1,520.1
1.520.1
379-5
376-5
10.2
12.5
U1I.9
375 -U
372.1
IX.Z
lU.O
9.9
393.8
391.0
378.2
118.6
120.0
March
1,520.1
1,520.1
1.520.1
^pril.
Hay...
June.
1,520.1
1.520.1
1.520.3
370.6
36S-7
366.8
20.2
27-0
2U.2
361.3
332.3
123. u
July
August
September.
I.57U.6
1.587-5
1.619.9
365.1
363-3
361-7
15-1
IU.9
13.9
287.8
277-3
October.
Hovenber p.
1.6U5.7
1,671.6
360.3
358-9
l'<-5
19l*^Soveiiiber.
December.
19U5-January.
Febmaiy.
—
u
19.1
1105.
Sally Treaerury Stateoieiitt and Circulation Stateooits of United
States tloney.
Preliminary.
Lees than $50,Ono.
Valued at $1.29+ per ounce.
2/
^
35O.U
366.9
372.8
2,1*02.3
2.806.5
3.3'^-8
3.790.2
u, 060.0
wu.l
l»,317.6
77?.'*
3,81*1.1
773-3
779.9
3.833.6
3.800.7
125.3
127.1
786.2
795-8
801.6
3.777-7
3.70U-3
3.6S5.8
128.8
130.6
132.2
8H*.6
822.7
829.5
3-61*2.1
261.
2S8.3
213.3
133.6
135-1
833-5
838.9
3.565.3
3.553-6
32it.5
13-3
Subsidiary
coin 2/
3U7.7
U28.6
535-3
6l6.0
657. U
3-5
9.2
lU.U
1,516.2
1,520.0
1,520.1
Total silver
at $1.29
psr ouncs
ia.9
3.633.2
3,626.9
Valued at $1.38+ per ounce.
Valued at $1.3S+ per ounce or at $1.29 P*^ ounce according to
vfaether the bullion Is bald for recoinafe of flubsldlazy allTBr
coins or for recolnege of itandard allTcr dollars.
Silver Production in the United States and Silver Acquisition by Mints and Assay Offices
u
(In mllllont of ounces or dollars)
Stiver
production
Calendar year
or month
Silver acquired by mints and assay offices
in
United
States
Nevly mined domestic
silver 2/
Ounces
Dollars
61.1
70.6
61.6
60.7
68.3
U7.3
70.5
191*2
71.1
55.9
191*3
1*0.8
5-5
50.1
34.O
3-9
191*1*
35.7
1936
1937
1938
1939
63.1*
71.3
61.7
63.9
68.3
191*0
19U1
I9W4- October...
November.
Deceobar.
2.9
3-1
3.2
191*5~Ja^uary.
March
2.6
2.2
2.8
i^ril
May
June
2.9
3.2
1.7
July
August. ...
September.
2.1
2.3
2-3
October.
2.8
.
February .
Source:
.
1*7.9
Nationalised
silver II
Ounces
271-9
U2!u
llO.l
1*8.5
Annual figures come from the Bureau of the Mint; monthly figures
on U. S. sUrer production cose from releases of the American
Bureau of Metal Statistics and will not agree vlth the gt^nnftt
1/
2J
Leas than 50,000 ounces ar $50,000.
lOT Information on aHver production In other countrlee from 1933
through igUO or I9UI, see •Treasury Bulletin" for Au^uat 19U3,
page 7I;.
Acquired at 6li.6l^+ cents per fine ounce until April 9, 1935; at
Total
Dollars
^
U/
150.3
Dollars
333-'t
2l*l.5
108.
312.2
355. t
282.8
139.8
156.9
120.5
50.9
1*17.1
72.6
IU.3
27.1
6.0
IU3.I
62.1
5.5
3U3.3
208.0
197-8
163.3
199.1
160.6
99.1*
77.2
1*0.0
3.9
cants per fine ouice from that date until Jprll 23> 1935; at
77.57+ cents from J^rll 23, I935 to December 3I. 1957: at 6U.9i+
cents per fine ounce froa December yi, 1937 to July 1, 1939: and at
71.11+ cents since July 1, I939,
Acquired at 50.OI cents per fine owoe. Executive Proclajnatlon of
August 9. I93U. repealed April 28. 1938.
Acqiilred at Tarlous prices arara^lng q;ipro:djuitely 5I cents per
ounce.
71*11'*'
f IgxireB
•
foreign silvsr U/
U
5
5
..
3
5
Treasury Bulletin
se
Seigniorage on Silver
(CiuD'olatiTfl
from January 1, 193^ - In millions of dollare)
Sources of seigniorage on silver bullion revalued 1/
2nd of calendar
year or month
Seigniorage
on coins
(flilver and
minor)
U.5
193^
1935
1936
1937
193s
1939
I9U0
M^oc. silver
(loci
silver
bullion held
June lU, I93U)
Hevly-mined
.
.1*
18.
U8.7
l5.8
UG.i
63.7
69.5
91-7
l»8.7
36.
Ug.7
58.0
7U.9
87.3
122.2
182.1
1*8.7
1»8.7
Nationalized
silver
(Proc. of
193»*
Aug. 9. 193^)
Total
seigniorage
on silver
revalued
28.5
3t-5
128.7
326.2
3't.7
1*22.1
7
U.2
51.1
226.2
302.7
366.7
U57.7
530.7
508.1
616.0
705.6
25-7
162.7
1*8.3
580.1*
3U.7
3t.7
63.6
65.3
65.U
581*.
3'*.7
58U.3
58U.3
3U.7
silver (Proc.
Dec. 21. 1933) Jul;/ 6. 1939)
1(8.7
1*8.7
Silver Purchase Act
of June 19,
Newly-nlned
silver (Act
31*.
3't.7
3U.7
1.055.8
1,089.0
820.7
820.7
728-3
717.3
820.7
820.7
820.7
697.3
692.5
670.9
820.7
820.7
820.8
61*6.2
19U3
l9Wi
299.6
362.3
1*8.7
igUlt-Novembor..
December.
351.3
362.3
1*8.7
1*«.7
87.6
87.6
65.U
65.U
581*.
31*.
7
58U.:
3"*.
7
19^-Jaitnary
February..
March
365.2
367.7
369.1
1*8.7
87.6
65.
1*8.7
65.1'.
65.U
5SU.3
'«U.3
5SU.3
3i».7
1*8.7
87.6
87.6
3'».7
April
May
Jtme
380.1
?9l*.0
391*.'
ita.T
I1C.7
£7.6
37 .6
65.1^
65.1*
5SU.3
58U.3
3U.7
3U.7
TOO..0
118.7
S7.6
65.5
5Sl*.3
3't.7
July
August ....
September.
l|03.2
1*8.7
i*«.7
87.6
87.6
S7.6
65.5
65.5
65.5
619 .0
627.2
6U7.S
3^T
855.
3U.7
861.7
SSk.k
October. ..
November.
U19.6
kzk.z
87.6
87.6
65.
66U.U
680.9
3U.7
65.5
1*8.7
1*8.7
19*+2
.
Source!
Xj
.
i«9-S
iau.7
1*8.7
1*8.7
1*8.7
U8.7
Belly Treasury Statemente.
These items represent the difference between the cost value and
the monetaxy value of silver bullion revalued and hald to secure
2/
3i*.7
3l'.7
132.6
27U.9
397.5
5UI.6
758.8
956.6
759 •>*
799.7
813.9
820.6
820.7
87.6
87.6
87.6
87.6
87.6
I9UI
Potential
seigniorage on
silver bullion
at cost In
General Fund 2/
900.9
917.U
1,01*8.2
967.3
717-3
589.2
575.0
1+63.2
ifou.e
377.6
sliver certificates.
The figures In this coltum are not cusBilatlve; as th'e aoount of
bullion held changes, the potential seigniorage thereon changes.
.. .
.
1946
January
«3
Money In Circulation
(In ollllona of doll&ri)
Paper monsy
of flMal
7ear or month
£nil
Total
B0n«7 in
circulation
Total
paper non«7
II
1936
1937
1938
1939
G.eUi
6.UU7
5.755
6.I161
5.93U
7.0U7
6.1)88
5.92"»
7.2'»8
Vj^Z
iguj
19UU
19U5
19Ul4-E6Tember.
December
I9U5- January.
.
.
Febmaiy..
March.
i^rll
May
Jnne
9.612
12.3«3
11, Goo
17. »a
16.U92
.
October. . .
BoTembar p.
8.932
Traaauiy
of
690
United
Statoa
no tea
Federal
ReeerTe
notea
2/
955
1.078
1.230
I.U5U
1.582
278
281
262
266
U,002
U.169
U.llU
52
38
U.I48U
2)48
5.163
26
22
63
59
1.71'»
300
317
322
322
323
I3.7't7
\-z
'6,g8U
9.310
2S.50U
a.
38
%
25. S"*!
52
25.019
25.307
23.875
2U,151
53
53
l,6oU
l.Gu
325
321
21,200
21,US2
25.290
25.751
25.899
SU.lUO
53
2"*.
593
2U,729
53
53
1.561
1.583
1.589
316
320
320
a!96U
26,189
26.52s
25.009
25.
25.331
52
52
52
1.993
1.652
1.651
321
22.38l«
322
323
52
52
52
1.731
1.79*
1.762
7W
I)
25.
5.5«
27.108
27.685
27.826
25.885
26.1tU9
26,582
28,0U9
28,1SU
26.797
26.92U
Federal
Reserve
Bank
notea 2/
101
88
78
72
67
2«.7>t6
26,
July
Anguat
September.
SllTer
certlfIcatoa
2/
19110
19'»1
Oold
certlfIcatet
1.588
1.651
51
51
1.T96
1,826
National
bank
notes
^
366
269
217
186
165
20
19
58U
597
150
139
527
126
120
569
560
12U
123
55^
590
123
122
122
22.651
22.867
537
533
527
121
121
120
322
322
31s
23.139
23.685
23.8IS
521
517
513
119
119
316
316
2lf,003
118
2U,U2
U8
18.750
22.867
22.100
^
U9
Coin
End of flacal
year or month
Total coin
U86
523
527
558
599
1936.
1937.
19381939.
19110.
I9UI.
19112.
19U3.
19IU1.
19'*5.
19>4lt-lIoT3}iibeT.
Sec amber.
19115-Januaiy..
February.
March
i^ll.
Map...
Jona..
July
August. ..
Septeaber.
.
October. . .
SoTember p.
Sourcet
p
1/
Honey in
circulation
per capita
(In dollara)
Subaidiary
ailver
Standard
allTer dollara
316
35
38
3111
lUU
IU6
$ Us. 60
119.88
169
U9.62
53-72
59. U7
103
125
U33
50U
610
700
788
I9U
213
236
263
292
72.16
91.88
127. 6U
163.07
191.86
116
751
758
280
282
180.52
182.19
751
282
283
285
181.95
185.15
186.11
3U2
361
38U
U6
680
783
929
8U
1.066
1,205
l.llA
1.156
U7
US
1.190
1.158
1.170
120
1.180
1,196
1.205
122
123
125
772
78U
788
287
290
292
18S.0E
190.1a
191.86
1.223
I.23S
127
1.21(3
129
130
800
a>s
812
296
299
301
19^.02
197.99
19s. 8Z
1.252
1,261
132
133
80.8
303
305
200. 2U
823
Circulation Statamenta of Dhited Statea Monagr and ^.^^.^1 B^ort of
the Secretary of the Ireaaury for I9UI1, pagaa 77'*-777.
Frellainary.
Sxelndea (1) money held by the Treatury. (2) money bald by or for
the accoTxnt of the Federal Beeerre Baaica and their amenta, and (3)
coin eatimated to be held outaide the eontlnaoital lioitB of the
2/
^
201.05
United Statea. Includea paper currency held out aide the continental llmita of the United Statea.
Oold certificates and Treasury notes of 1S90 in circulation are
being canceled End retired i^on receipt by the Treasury.
Federal Eeaerre Bank notes and Hationijil bank notea are coTered by
de^ioalts of lairful money and ere iji process of retir«Dant.
gi+
THE
Treasury Bulletin
CAPITAL MOVEMENTS BETWEEN
UNITED STATES AND FOREIGN COUNTRIES
J
January
1946
85
Capital Movements Between the United States and Foreign Countries
Section
I
-
Sumnary
Table 1.- Smimary of Net Capital Movement 1935
-
1945
(In thonaandt of dollar*; negatlTe figures Indicate a net outflow of ci^ltal froa the United Statea)
inaljaia of net capital moTement in:
Calendar jrvar
or month
Vet capital
noTement
Brokerage
balancee
Short-tera
banking fondi
96U,629
397.3'«
255. 59U
331.268
1.132.383
1936)
1936)
1937)
1938)
19UO)
l,Ul2.l486
19110-See. 31, 191(0)
IS*
706,380
Jt96.923
19l»S
6oU.3a
852.928
•286,622
561.573
W"*?
1.2*3.593
1, 164. 758
igitu
357.15I*
1935
1936
1937
1938
1939
(Jan.
(Jan.
(Dec.
(Dec.
(Dec.
19>I0
(Ja&.
2, 1935-Jan.
2. 1936-Dec.
31, 1936-Dec.
30, 1937-Dec.
29. 193«-Jan.
It.
1,
30,
29,
28.
3,
1,195.922
801. 915
'•15,256
1.195.635
-68.639
__54^3i6_
6.252,889
127.061
8U3.193
1.073.692
-7U.305
-88.565
19.020 1/
1.175
-59
2.297
U.261*
-4.782
-1.329
1.939
-1.292
-6.643
232.238
100.712
81. 602 2/
-370
1.687
-6,370
1.692
2.961
-4,374 2/
-2.593
251
1.303
9.427
-9,50^.
3.57'*
3.'<0l
8.1l^6
1935~riily 31.
19^)
8.296.835
1-Jan. 28)...
(Jan.
(Jan. 29-reb. 25)...
1)...
(?eb. 26-ipr.
-66.927
(Jnne
U-Jnae 30)...
78.156
51.703
777
2,
2-Apr. 29)...
(Apr.
(Apr. 30-Jnne 3)...
-261.955
83U,£I|2
Total (Jan.
April
May
Jane
-21*5.062
821,096
V)1>^).
March
5; .196
-85. '«7
27.767
210.735
WltS-Jnly 31.
yebrMi7
3'»
32.990
125,158
191.076
267.008
26.758
115.689
UU.39U
1,
19U2-Jannar7
3'^.6g7
316.660
600.693
2'A.626
Traneaotlona
In foreign
aecnrltiee
3.513
13.372
8.529
(Jan.
19I15
6.039
6.811
Traneactiona
in donee tie
aecoritlee
-9lt,698
13.3'^5 1/
227.185
103. 8ZI
81,881 2/
'•6.599
77.696
93.'^96
11
2. '•58
J0I7
Angnat
September
U7.282
58.078
57.3'^5
55.018
fi8.Ul3
1*6.121
October
loTember
Decenber
39.788
66.905
73.376
23.382
57.53«
57.339
-3.331
-90
327
6.725
12.338
11.591
2.732
3.372
igUS-Janomry
TebmarT-
72.750
107.175
132.152
151. 809
119. 6«3
61.505
2.658
-600
2.13U
5.205
-2.503
9.881
-86.922
-9.405
58.632
65.206
70.330
223.795
58.289
June
22U.8lt5
922
-1.027
3.662
6.937
-389
-U.537
-942
-2.565
-175
July
Augnat
September
U20
1.698
565
'•.392
170. 3'«
U5.011 2/
-5.283
a.ow
-13.940
114.900
a. 499
135.679
163. U36
55.551
-7U7
I.30U
2.383
-687
2.715
-9.008
-3.932
155.209
167.637
76.736 5/
-713
1.831
6gU
-6.005
3.686
-12.985
5.859
-7.532
-20.094
Ittl
1.245
-2.123
26.572
l«arch
^m
May
October
SoTember
Daceaber
19UU-Jannaiy
Tabruary
March
April
May
Jnne
7't.3ll
58.720
59.027
1.903 2/
"•9.992
133.267
168,979
ltU.99it
15'*.
350
1U5.622
UU,3ltt 5/
I.M05
z
-36.215
17.M80
-9.953
October
VoTember
December
-5'».773 6s/
19U5-Janoaiy
Tebruary.
March
29.275
70,296
W.MOS
122.225
-16.298
-1.289
1.616
-'•7.329
-7'^7
-6.082
22.268
650
2.313
4.525
2.445
28.454
J:f§
-2,061
-3.339
179.418
-427
-472
-5.965
10.53l»
-57.289
,
IS/
26,852
76.2U8
-229.521 is/
153.895
17».973
11.310
U,9ll
-2.l'^l
1.295
iv
-2,808
-3.7'll
27.338
-19.067
-78
3.209
-1.831
-18.079
-17,4«9
63,424
Jaly
22ll,913
231.025
-'•.689
-5,244
^pear on pagee 89 and
90.
51
-24,388
'•7.306
171. 63r
footnotea
6,
-64,C>5f
2lU,213
i(4,iai6
76.013
3,8*0
521
April
May
Jane. .•..•...•...••.•.........
58.27't
6o,36l»
-978
1.52'*
1.038
1.151
-116.872
July
Angnat
Septanber
-746
1.922
3l.9«
..
-n
Treasury Bulletin
S6
Capital Movements Between the United States and Foreign Countries - (Continued)
Section
I
Su^wry
-
Table 2.- Met Capital Hoveaent
,
-
(Continued)
by Countries, January 1942
-
July 1045
(In thouiands of dollarB; nagatlre figures ladicate a net outflow of capital from the United States)
.
Janaary
87
t946
Capital MoTM»ntB Between the United States and Foreign Countries
Section
I
- Sununary -
-
(Continued)
(Continued)
Table 2.- Net Capital NoveMnts, by Countries, January 1042 - July 1945
(to thatt»»nd» of doUari; Mg»tlT« flgorei lndlc>t« a
Total
calendar
year
19*J
ut
-
(Continued)
ootflow of ca^iltal frOB the Dnltod Statoo)
I9l»3
January
Tahroary
Ajrll
Kay
July
June
September
Bnropo
Htl9.932
United Ein^doa
Trance
-97.503
+1.733
22.178
+29,1*03
+5l*,012
+1,966
10,990
+813
+4,1*93
+l,6lli
+190
+2,288
+293
J*, 850
+2,952
-3.003
+526
+'*,328
Belgla
807
-2,510
-1,718
+1,283
+481
Denmark
JUoland
Oervany
-1,865
-1,992
-926
-72
+83
+159
+2,222
-339
-30
-725
+365
+59
-1,277
-158
-160
-927
292
132
-81*5
+58
+29
-603
+270
-139
-251
-182
-537
Oreeee
Italy
•tJ*.525
+108
+188
-70U
-7W
-89
-625
^'*
268
+278
*99
-211
-lOU
+65
513
-73
+112
-9
-1*5
96
-79
^+2
+681
+30
+1,031
-10
+1,229
+1,078
+2,187
+1,353
-330
-80
+1.056
+2,222
+1.739
+680
itlO
-7,996
-6
-1,867
+6,390
+19
-1
jAxenbottrg
Bether lands
Horvay
+13,690
+29,1402
8,321
Porto^sal
+18,826
-1.993
-116
+60
-830
-387
-25
6
+2,81*6
-3.01*8
+2,651
+1,906
-681
+2.009
+91
+4,698
+10,682
-197
•1*38
+3,659
-916
Bmuuila. ................
Spain
Sweden
+20,993
Switzerland
J7,021
3. s. a
^t^alATla
Other Burope
-i.uog
-7,765
+25.720
Total luropa
+58l*,737
-86.975
+335.199
+l6U,92l
-1.509
+3,201
+30,152
Chile
Colaahla
Costa fiica
+19,51'*
+8,253
+3,639
Oaba
French Vest Indies and
Oaiana
Kexlco
-33.171
n.
Canada
Latin America
Argentina
BollTla
Braill
Vetherlands Vest Indies
and SarinaB> ..........
Panama
Peru
+l'*,379
52
71,1*80
77.201 +37,902
-2,9452*/
+1,416
+11,070
+1,189
+79,211
-5,632
+479
1.097
T2
-294
-168
-202
-163
+367
+249
+492
+715
-93
3.115
+3,029
-522
+11,498
-2.371
-103
-1*49
-757
-150
212
56
+39.464
+1.593
+277
+322
-531
-55
+949
-233
-115
+1.731*
-2,020
+3.107
+1.731
2,809
+4,449
+2,211
+1,693
-13
+3.102
-4,211
-5
+16
+€9
-217
-19
••4,419
-3.774
-2,6762/
+5,110
+267
1,010
+3.086
4,456
6,412
'9.U9
2,*tO
-2,480
+1,916
-4,911
+1,463
-4,603
-179
-1,206
323
+131
+2,486
+11,079
+1,160
-45
-428
-^•^^
+94,419
+34,105
52,001
3.307
+1.045
+2.891
+1.97*
3.731
+1*58
+2.1*97
+3.695
+609
-1*9
995
-97
+39
+3,658
+2.859
-2,973
+8,019
-2, 161
+339
+6,852
+3,»ol»
+7,l|00
+35,259
+52,521*
58,297
+19,221
+112,612
+79.947
+97,653
*5,152
+16,669
t*t,108
-15,692
+1*2,813
-61,487
+76,692 +16,793
+36,906
+91,4o4
-83,080
-3,ll*5
-1,296
-2,503
-1,126
-7,796
-371*
11.291
+1,613
+239
+6,293
+2,398
+1,050
Jtbs
+16,355
+7. 67s
+1,498
-25
+9,037
+2,932
-165
-1,708
-1,125
-424
-4,035
+5.275
-287
-12,191
-9,488
-1,412
+S31
+2, 706
+2,445
+4,845
-2,1*68
+2,922
+3,060
+1,102
+8,572
+6,19?
1,761*
+236
+185
-5,338
+5,743
-137
+55
-1,805
+4,670
-615
+1.335
+3,148
-2
^'^\
4,037
+73I*
+3.095
-6,161
+866
+3,590
1.092
-5.306
+2,013
+584
-50
+7,436
-65«
152
-1,1*58
-6,353
3,703
+3,535
-20, 1*1*1*
+14,111
-2,979
-2,183
-11,705
-3.370
-1.876
-88
+33
+17.708
-311
+10, U3
+191
-1*,257
-587
-380
-2,036
-17
-40, 609 13.706
+24
+725
-46
+3.250
6.056
+12,958
+2,826
+567
+1,332
-It,
-2.067
-28.231
+563
-21,162
+20,1(03
+28,5117
+l,ll»3
+1,399
93. S"**
+2.352
-1,218
+2,691*
-659
+3.367
+6,510
+1»,512
-1,01*8
•t**9l
-.991*
+5,001
-2
+966
-1.132
663
+2,1*05
+2,1*09
+2,784
-1.943
-81
+681
9.519
+35,674^
+3,251
+310
-3,087
+251
-879
-1.933
+213
+643
+4,484
+1.165
+231
+540
1^5
+1,779
5.21*6
+488
-4,237
3.196
1.316
,324
+706
+931
+213
+1.077
+3.398
-151
-141
+1,874
+2,086
+23,400
5,803
*405
Tenesuela
Other latin America
*i*,683
+192
+3,123
+10,389
+8,789
-1.527
-232
+1,582
5.052
+3
+11.253
-l,28l*
+37.877
+5,311*
+2,744
-6,365
Total Imtin America
+U5,131
-6,789
19,159
+23,061*
+2,332
+€l,25U
+26,902
+23,194
-36.990 -18,215
-4,266
+222.629
-105
-17,831
-6,607
-361
-823
+28, 583
9.57U
-1
-7,557
+7,096
+120
-32
+21,930
+10
-10,656
+22,762 +15,526
+108
-49
+763
+133
+24, as
+69,170
-52
+750
+13.453
+153
-261
-450
+6
+32
-a7
+3.130
-87
+2,655
+60
-2,871*
-3,619
+4,1*66
4,133
+7
+231
-115
+20
-728
-12
1.633
-1*3
-7.202
-23
-1,910
+35
-13
+30
-16
+36
-30
-1U,781
+103
+5,317
+1.1*67
-2.730
-91
-5,844
-239
+2,506
-270
+1,580
-229
+720
+245
-4,544
+291
+2,109
+1,048
+15.096
+3.051
+6.761*
+2.937
-967
'.
Asia
China
Trench IndO'China
Hong Kong
India, Burma, and Cs/loi
British Kalaya
J^>aB (including Eorea
anl Kanchnrla)
+'•.773
-77lt
ItO
-97
-529
-lA
letharlands last Indies.
Philippine Islands
Toikex
Other Asia
-ll»,921
-2,022
-293
-7,257
-5.03U
+332
+10,399
1.979
5,158
+73
+1.469
+'.229
+25.867
+508
-llt.l*77
-37^3
+3,1*29
6.576
+6,722
-1*97
225,1*09
-1,518
+7,100
+20,8*5
-527
•A, 151
+2,317
-195
+1.239
+900
-212
2.097
-311*
815
487
-5I'
Othfg conntrlss
Australia
Hew Zealand
Xfirpt and An^o-Xgypti^
+751*
831
+3.9^7
+1,
-4.761
-1,369
+91*0
+25,208 +l4,44o
+4,483
-748
+4,601
+2,719
-473
-730
+178
+137
-21
-1*5
-68U
497
-82
-274
Trench Morocco
Dnion of South Africa...
Ill other
+4,366
-7.565
2,616
+171*
9.1*26
+3,018
-2.357
-966
2.286
-3,1*1*2
-5.571
+«32
-4,226
-1,721
22,831
388
-83l»
+1.275
-877
+18,091
-16,776
+10,571*
23.061
8,928
+2,891
+1,087
+950
-3.505
-1.099
-5.»76
Total othar coumtrles.
23,807
2.9'»7
+581
+19,156
935
+3,338
+26,523
44,869
«.3«9
-3.633
-«90
+l6l*
-76
+91*
61
+225
-151
U
-610
-48
1.283.593
72.750
+107.175
+132,152
+65,206
70.330
+223.795
Orand total
-162
+5,204
-13
-28
-127
+1,115
+l,34«
+1.627
4,653
+6,8604*/ +2,982
-1,645
-763
+4,605
-823
60
:i'
Total Asia
Thldantlfied
2D
.
(Contiimad on following paga)
23,6834>/+4a»34
75.411
-15,422
-927
10,042
245
-1«
-23
-1.3294a/ +2,889
+417
+2,007
-2,0464/ -12,528
-3,292
-3.732
-1.101
-264
I
-17,4724/
-22.195
+179
-543
+168,979
+44,994
-34«/
49,592 170,342 +45,0U J/+133.267
+371
-12,896
-1,151
Treasury Bulletin
S8
Capital Movements Between the United States and Foreign Countries
Section
I
-
Sunnary
-
(Continued)
-
(Continued)
Table 2.- Net Capital Movements, by Countries, January 1942
-
July 1945
-
(Continued)
(Is thoiuud, of lollarc nagatlra fignrai Indteats a nat ontflov of ct^ltal fros tha Unitad Statai)
19Wt
Total
calandar
T—r
JannuT
rabniarr
March
i^rll
July
Ha;
ineuat
Saptanibar
Octotoar
BoTambar Daceo^ar
-35.171*
-99.312
+200
-73.381
+1.960
-579
+25.223 +11.181
-277 -149..h9j6b/
1*9;
+177
19l4l»
fcropa
anltad Ilii«doa
franca
Balgloa
Danmark
rinland
»«rMi.y
-167.701
-51.17*
-5.97?
72.758
^1,082
-2141
7.182
-215
-I.2U7
1.799
5«1
7
U.731
-2.715 -37.630
-5.670 2.6U3
-3.652 2,1*99
33.1*90
-i».965
635
-1.51*1
1.896
-11.197
-59.089
+1.792
-313
-322
522
539
2U8
-210
-U5
-5>»3
-7U
-560
-290
-66
-317
-60
+52
2.327
U89
190
755
132
652
-18
37
5.731
1,303
1,171*
-1*3
+711*
-2.1*57
2.8S3
-9. 71 it
-1U.5U9
-2.226
-8,883
+3.906
+9.010
-l't.393
35
Oreaca
Italy
Luxanbourg
+lU,9ll
-180
-251
i»9
39
-139
-376
-86
Hatharlanda
Horvay
Portugal
18.585
29.608
1.909
1.U93
7.722
6,691
15.677
11. olio
-1U6
5
U33
+2.608
-5U
-33
+1.005
+8.1*1*1*
6
-191
+1.376
-1.3
+1.1*53
15
-51
6U
-269
-k
-1
Spain
Swedan
II.U35
7x6
2.087
IA3
l.OUg
129
-13.555
11.678
2.706
397
-g.976
1.182
-1,181
-170
-32
+1.832
-7.757
Svltzarland
S. 3. E
Tn^oslaTla
Ot bar Xuropa
35.190
3.822
-U.02g
3.933
1.703
5.370
3.328
-569
10.560
1.207
-U.199
-2.339
-2.51*9
78
-31*2
-1*
1.172
-290
-2.177
-91
1.61*5
1,81*8
-128
-1,050
+3.057
-8.177
+66
+68
Total Xiu'opa
-111.031
88.077
21.1*83
5Ug
7.730
57.055
-30,758
216.056
31.707
s6,86o
57.1*72
-62,657
-l*U.86l*
3.952
-11.170
679
3.1*91
-1.089
-6.608
I.60U
289 1,9140
21.301* 12.330
-339
-1.230
-6,382
306 1.880
-235
fiuaanla
n.
Canada.
Latin America
Areentlna
BollTla
2U9
-1*7.
5U.256
6,238
8.066
BraiH
Ul,it86
9.235
CMlo
lo.oou
16,567
-2.317
-10,162
3.51*8
3.878
-5.519
62
1,669
3.958
10.217
525
201
-2
*>t2,298
-82lt
3.030 l.3'*9
1.771
-lt9U
22,51)0
739
-5.>t20
-856
-1.601
1.8l*3
620
Colombia
Coata Blca
Cuba
Tranoh Waat ladlaa and
Ouiana
Maxlco
Hatharlanda Vaat Indlaa
and Snrinaa
I6.I6U
IO.U27
Para
6.206
-605
+I.6I1U
+1*92
-31*8
+39
93
-U36
-265
1.735
-11
+272
:U
-13
+189
+U7
+2.1*29
+1.818
+21
+2.326
+87
-115
+2.989
-U22
-310
+1.51565/
+3.885
+525
+5.236
+5.525
+8.109
-259
-1.321
-82
+3.51*1*
+14.223
+i*.365
+I4I41
-522
+3?
-11*
+271*
+li£
-5.31I*
-l*.332
+2.560
+2.730
+I.I1OI1
-1.11*5
-826
+U.188
+1.887
-677
-172
-869
+1.1*119
-331*
+1.565
+290
+25
-976
+399
+25
+I4.666
-1.1I18
-1*6
+561
-65.51*9
-22.215
-87,1*110
-56.856
+37.1*35
+3.I1O9
+39.179
+76.563
+62.MS6
+1.171
39.222
8,117
+9.a2
-2,380
+3. 971*
+2.01*2
+8.780
+566
-7.120
II.U37
+260
+9.937
+2.026
+586
+111.391*
323
+1.582
+7.482
-1.21*9
+79
+2.907
+11.219
-11*7
-637
-2.588
-1.778
+189
+2.1*53
+9.893
+3.235
-2.3M5
12.1*1*56/
-1.957
-71*1
+1.071*
+3,092
-1*.207
ll*,971
+3.871
-570
-I1U7
-56U
-105
-17.602
+3.922
-381
7.93"*
-2.217
39.006
+7. 151*
+250
-U.091
-5.852
+871*
-l*.315
1*20
153
+101
+579
13.231*
7.568
+3,81*2
lOl*
+5.069
-690
9.106
-219
+6.790
826
-13.1*00
+375
-U.lMO
-1.566
2,993
+1.268
-7.695
-50U
-633
-1.239
3.335
2.169
2.106
+866
+2.313
-1.758
-2.290
+769
+1,281
-679
+2.151
+3.335
+619
+I.8I6
97U
975
+7.556
+801
-l*,83lt
+2.1*71*
:^
852
-2.31*1
-1.1*02
-1.925
-131
3.925
e.065
3.938
5.01*1
-8.1*22
-972
9.250
969
-1.680
7.01*5
507
-l*.033
-2.1*39
+1*22
+1.602
+1.893
+1.783
+1.613
+8,261
-2,63U
-11.1*81
+5.313
+2,670
-721
+1,081*
25.7'*9
1.016
10.902
2U2.767
15.001*
-62i 32.711
39.191
lU.sui*
57.700
36,081*
+6.763
6.923
+7.019
+28,072
-921
23.975
11.113
30. 01*0 25,016
-812
-MSl*
1.339
-16. 868
-3.901
-3.962
+2.176
-12
-675
-10
-1*7
+Jt2
-10,250
+10
-9.1*92
-2
-l."«5
+195
+101
.-6;i'
-ll42
-581*
India, Bnrna. and Caylon
Srlttah Malaya
Japan (including Korea
and HancfaarlaT
-l6,Olt3
768
latharlanda laat Indiaa
Philippine lalanda
Turkey
Othar Aala
Tanasuala
Othar Latin Aaarie*
Total Latin Anarlea. ...
Xaia
Chin*
Prancb Indo-Cblna
Hong Xong
Total
AaU
Othar oountriaa
Auatralla
Sev Zealand
Xgypt and Anglo-I^ptlan
Sudan
21
6
327
56
-3"*
It
-1.071
877
-3.1U1
-6.71*9
-990
+8.81*7
113
U3U
9.375
-lt9
18
-237
-79
+11*3
+38
+123
+208
-298
-355
292
U7
"3
-16
-121*
+107
-la
6.5614
2.661*
-10,267
-728
-1*80
-l<98
-1.11*9
+l*.077
615
726 3.009
-55
637
2.107
I8.065 -11.688
lt.005
-I.6U3
+765
-9.607
+2.581
+822
1.895
-227
7.831
11.317
28,669
7.9'*9
-1.729
1.636
-6
-3.1*17
8
+193
+6
+114,396 -35.508
-2
+68
-18
-57
-52
+1,71*2
-3.128
-5,128
+1.31*7
-585
+53*
+2.563
+5.292
-322
+U.230
-281
+56
-ItOl
292
-393
-17.380
-I.8O5
+363
-220
+1.510
-2.025
l*U.836 II.3I16
11.750
-21.339
-1.071
-9.912
-3.11*9
-7.366
+13.1*18
_:195 -Ul.SOl*
-'t.235
2.6«7
9.256
+3.685
-37
-1.011
-981
2,ll29
+I9U
+3.071
-757
-3,828
-5<0
-U.659
-197
+1.67D
-2.315
+U.655 +12.989
-1*76
-170
-1.552
+31*8
+2.91*5
+2.958
+2.593
-991
35U
562
320
-1.006
+528
+18U
+693
63
833
161
-2.6O8
-«9l*
+15
+160
-269
2.M1
I.9U6
-3.1*12
+1.1*30
-5.902
-1.753
-1.560
-3.551*
-3.1*21*
+2l»
-«55
-15.532
-251
-it.5«g
-3.006
-1.926
-2.295
+936
-8.7a
-2!22>>
+1.317
-i'"
-2.625 +I4.39O
+1.171 2l*.0076b/
*7.785
-6.71*0
-9.638
5.571*
-11.295
-29.823
+363
.1169
+2.691*
+2.938
+3.120 141.187 6h/
1*60
-191*
l6l
+761*
-610
+1.371
-1.327
273
+693
-5.1*38
761*
-36.215
+17.1*80
-9.953
+29.275
+70.296
1.3U2
-5.970
-3.810
-l6.g09
Total other oouatrlaa..
1.693
-162
357,15'*
IS'*- 350
Grand total
-l,gl|l*
1 .01*7
Trench Morocco
Union of South Africa..
All other
Unidentified
-2,61*2
^iS.
11*5.622 i>lt.3ln 5/
1.1*05
(Continued on follovlng pace)
+2.I169
+629
+88
-117
-1.568
-5Vm6s/
January
1^6
89
Capital Movements Between the United States and Foreign Countries - (Continued)
Section
I
- Sununary -
(Continued)
Table 2.- Net (Capital Movements, by Countries, January 1942
-
July 1945
-
(Continued)
(In ttaousanda of dollara; aagstlTS flgoraa Isdleata a nat outflov of capital from Xb» Oiltad Statea)
19>t5
Jazmai7
Vabroazy
HV
i^ril
3va»
JU7
Bar ope
Uhltad Kliigdom
Traaoa
I5.050
-81.1*30
-19.035 Is/
-2.372
Balflxun
-8.362
+1.771
Saomark
-1)51
-138
JUland
-101
-151
-1)03
4«3
-96
3.571
Oenaan^
Oreaoa
Italy
LuzantbooYg
Satharlaada
Sozvay
Svltserland
S.
3.
S
TngoalaTia
Othar Xoropa
Oaaada.
+591
5.576
3.923
+527
-5.921
-2.762
+6,169
+6.933
1.194
5-999
-51
-U,U56
-3.623
-312
+2.623
+3.900
+19?
-13.924
+3.078
i*.iw
-15
5,1*87
-34
-4.857
+5.290
+17.891
-U.651
-3.115
-13
-1.012
+6.718
+255
-30
-3.302
+6.61*8
-2.290
6,381
-1.329
+78
-2.315
+I,a2
+I.T03
-1I5
+2.561
+3. 310
+31
-1.133
+10,251
+1.170
*5'»,9l<8
-50.987
-27.081
+573
+131.071
+83,110
50.532
+5U,03U
+59.5IO
+9.775
+72.034
81,727
-18. 157
-2,980
+1.355
+3.713
-1.171
-751
+3.686
+1.601
+4.453
+a.839
-1.700
-2.779
+6,a7
-6.118
+337
+13.982
+36U
+2.191
+7U3
-1.150
+1.110
+3,300
-373
-1.578
-1.7U6
+1.299
+5.391
+3.505
-6.776
+3.8I7
+3,191
-7.987
U.US9
+12.221
-28.a5
+SB.857
+61.305
29.198
+57.822
115.578
-I5.60U
-6.407
-22
-6.7IO
+1W
-2.805
-1
-901
-1.768
359
-262
+261*
+a9
-71
«,68U
+6511
+281
+383
Jog
-2
+3.123
-39
-167
+159
+1.696
+16
-17
-i*,ia6
30
58
656
Z.llA
+a.790
•9,135
+1.851
1.187
801
+l,4i4
+2.141
-861
-1T5
+2.233
i.itSe
-1.031
-2.810
-6.470
-376
-999
+3.375
13.197
10.090
+2.911
-2.251
+1,12?
+3.354
-11.571
197
178.236
giie
+5.166
-2.562
-9.080
-18-355
13
-18,875
+7I8
-7I9
+326
-a9
-9
.te7
+7U3
V,
-2.773
-820
+59
-1*1
-1.232
-291
'•2g
-228
1.562
-101
+i6b
+1.970
-165
-106
4,1*59
+2i*3
JtiA
-1.037
+132
-551
+1,378
-631
+487
+344
-950
492
4.115
+2.351
+3.ao8
-991
-2,086
+387
.<t4
+1-222
+i«it
3U
-123
-422
-125
+122.225
-16.298
5».27l
60. 3O*
+al.a3
22^.913
2.101
l.OOU
-196
1.988
lU.gss 2a/
910
Total other oountriea
157.105 lb/
Orand total
1/
Is/
as
ttlidentifled
Adjnated for the ineluaion of t foral£^ account of $13.9 oillion
reported for the flrat time on March 11, 1942.
I
+3.369
-1,639
-2.965
+503
+15.783
PrcBich Indo-C!hina
Union of South Africa
All othar
*"^
+5.U4
-1.2^+
+573
56.Ua6 lb/
Pren^ Morocco
+3.554
-1.335
-182
+8
Total Latin America
Total Aaia
-U6
-1.095
+5-1M
-1.92s
-27.117
18.1a6
1.988
Other couatriea
Aoetralia
Saw Zealand
SgTpt and Aoelo-XgTptian Sudan
3,200
+3.870
-2.583
Vanaroela
Othar latin imarlca
Othar Aaia
34
-569
+7.798
-5.788
-951
Ttizkay
+1.096
+3.019
+1.631
2.153 lb/
1.013
Vatharlanda laat Indiea
Philippine lalauda
1.861
-170
+33
-2.961
15.102
India, 3uiina, and C^lon
Britlah Malaya
Japan (including Korea and Hanolmrla)
-a9
270
+196
Hong £oQ£
623
+-S
-
+163
-277
Aaia
Ohina
-3I6
-171
-672
+2,0115
-228
Hetharlanda Vaat ladlea and Surinam..
Panama
Peru
8.570
+&10
+U7I
+105
-Ul
i.5la
Cuba
French Veet Indlaa and Oulana**.
Maxleo
+3). 696
-3.157
+3.110
2.259
ao.lo6
OUJLa
Colombia
Coeta Blca
<«,728
+68.631*
+26
-3.166
SoUTla
BraiU
36. 918
+7.759
22
*5''''*35
Latin America
Irgontlna
278
-S:.513
3.106
-132.a7 15/
Totd. Soropa
-22.879
-28.925
+5.012
-ao
-1423
BoBanla
Spain
Svadaa
9.326
+1.8SS
+2,281
-12,276
Forttigal
U.
+51
-I.7I8
-51.793
2/
+3.1^
577
-1.000
•91
+13.375
-1.911
-sao
-3.581
+6.748
+496
10,850
+27.030
+1.206
+19.503
+10,591
-158
+5.507
+3.269
+2,242
+12.035
-1.11*2
-3.551
2.565
TU
+1.766
+559
571
=28.
-53
-13
8.958
310
+7
272
4,530
Adjusted to cover two large transact lone in foreign aacorltiee. as
follavai
(a) the Inclusion on Joly 1 of $14,787 thousand rapresamtlng
(Continoad on follovlng page)
Treasury Bulletin
90
Capital Movenente Between the United States and Foreign Countries (Continued)
Section
I
-
Summary - (Continued)
Table 2.- Continuation of footnotes
sales of Oanaillan leae-ten wcnrttles. and (1>) the Inclnelon of
$2,561* thoueaad representing redemptions en July 1 of Argentina
secm-lties, as well ae (e) net dlsbarsojosBtB from the Onited Klngdoui account to domestic payees of $3,1*98 thousand.
Adjusted for the Inclusion of accounts of (a) $2 million for Trance
y
and (i) $7.8 million for Sweden previously reported as foreign
and
reclassified as domestic for the first time In the September report
Adjusted to cover the following transactions;
(a) $6;ol*2 thousand
of banking funds prevlouely reported under "Rrench
Morocco" now reported under "All other"; (b) $5,1*71 thousand of banking funds
previously reported under "Other Asia" now reported under "All
other"$15.31*6 thousand of banking fund* prevloasly reported under
M
5/
6/
"All other" now reported under "Dnldentlfled".
Adjusted to Include $510 thousand of short-tern banking
fund* which
were omitted due to the elimination of several branch
bank reports.
Adjusted for (a) the Incluelon under "Italy" of an account of
$2,023
thousand which waa previously classified as domestic, and
(b) the
transfer of $8,887 thousand from the "All other" classification
to
"yrance".
Adjusted to cover the following changes:
(a) $35,1*57 thousand
transferred from the "All other" classification to "Trance";
(b) $6,918 thousand previously classified as domestic was
reclassified for account of Fanana,
Janaary
1^6
91
Capital Movements Between the United States «nd Foreign Countries
Section
I
-
-
(Continued)
Sunmary - (Continued)
Table 3.- Net Movement of Short-Term Banking Funds, by Countries, January 1042
(In thotuuili of iDllu,; nagatlT* tigaz»» Indioat*
a att ontflov of u^ltal from the United State,)
(ContlBOad en fellowlBg pac«)
-
July 1945
.
.
.
.
Treasury Bulletin
92
Capital Movements Between the United States and Foreign Countries - (Continued)
Section
(Continued)
- Sungnary -
I
Table 3.- Net Movement of Short-Term Banking Funds, by Countries, January 1942
(IB thoUMBda of dallari:
Total
calondar
yaar
Oraaoa
Italj
LiixoaboTtrc
19^3
53 .927
3,185
98,010
*7U,589
76,301
-3.1*56
1,188
51(5
I*. 169
*ltl6
989
1.291
-2,1*52
•-11,128
-K.59l(
2,9311
1)26
518
1.053
-939
U05
-696
-112
129
-853
262
78
15
-105
-220
-182
-535
-711*
-73
-U17
19
30
-hjl
2,218
-1,066
-Z.2k8
-«75
250
163
-3UI
-7
102
4*3
206
222
-678
-189
-29
-753
-28
52
70
I*tln Aaarlea
Argant laa.
BollTla. ..
-16I)
-5*2
-7*
-163
1(88
3,110
93*
291
701
168
-227
15
-56
1)2
2U
-2,068
1),1(05
2.a9
-2,38*
2,285
2,815
2,0*3
1,699
-678
11.1*16
3.203
1.9*7
2,833
1.790
-6
-1.865
19
12
-6
H5
65
-217
-19
1)00
.09I)
-3.750
^5.073
3.S36
t
i(,i(l3
3,861
-1
2,1*96
61(0
285
3,586
•76
1.016
1.379
*.*67
6.73«
7.198
66
6.393
1,867
-110
-2,593
9.295
1.590
-Itit
2.81(9
-2.973
i(.123
-2.161
-i(.5*l
1.11*7
-*7
-*68
-5,381*
7.300
-2,088
-81
61(6
10,1(58
l,8i(6
31,668
53,780
1,967
Tatal Buopa.
-190
1,1)86
-l».773
Canada
61
1,676
-2.722
3.627
525
.768
828
2H.93U
22.385
-395
-181
111?
Svlttarlaad.
89
-522
.1.56
1.333
l!lM
666
«
7
1,392
I.16I*
*!5
2,11(1
2,879
2.655
-7.766
25
*1,171
762
609
-57s
3I48
-8I6
-637
»».535
-20
-129
-659
12,939
-6.737
5.960^
-8,03l»
5.172
5,638
1.790
IU.351
17.708
R. ..
-2.673
-100
-189
Aagast
10*
flpalA.
ftradaa.
Ottaar lurapa.
80,858
23,100
1.038
31.71*5
2,702
2.295
-3
Tt^alarla.
1)0,675
-97.596
9.705
1.193
56
I.
Daoaa^ar
't3«.90't
-122
t.
lovaatar
Juna
1.233
U.
Ootobar
Ma7
-1.923
8,11(9
-1.981
ttnv
Saptaabar
ipril
6.929
26,568
1»,679
latharlanda.
Portncal
Jal7
March
107
•
outflov of coital froa tho Onltad Statea)
T9ibruarj
-3.A0
Daaaark.
rlalaad.
Oaraaax*
ut
July 1045 - (Continued)
JanoarT'
IS"*}
fcropa
Oaltad Ilagdsa
Traaoa
Balfiva
nagatln tlgant Indicate >
-
19
-99
.»6,669
339
568, SWt
-«9.3^
36.839
»8,839
50.676
15.373
U3.701
8l(,799
301.696
2y,6?8
*g.671
-1*1,01*7
9.890
-6.tm
^3.509
-1(3,607
-2.3892/
-i(.9ll
-179
202
132
1.391
-1-ay
-S«2
*99.263
31.888^ 91,227
-7.303
1(3,812
-1(.019
-2*8
-12.193
3.M3
-3.08»
.:2*t*22 ,;]ljiK
1.101
2.*35
*.6S7
-6,313
-3.057
-606
1.880
-1.1*73
1.880
2,266
1.029
2.773
10,736
229
-1*72
127
6,612
-1.139
-7.786
-903
1*71
1.262
3.090
2S,8k7
16,207
7.5»2
8,812
-177
-1.725
18,23k
32.137
-5,u6
1.832
-2,1*3'»
3.1*5
1.252
3.03*
3.n8
7.278
73«
877
1.795
-5.5H5
56
-1.686
U,6ll(
-617
-*,886
5.1)68
112
116
2.886
-6.190
600
1.960
2.721
1.107
5,986
6,180
-196
8.327
3.»35
1,089
15
-52
-*59
-'n,627
-5.8">3
-5.029
-5.638
2,919
3.<A
-20.301
I*. 572
-11.182
-1(,081
-12.723
-3.*3«
-1.7*7
560
-a
57
-2'
190
-2,038
-Ik
12
-5
226
-20.888
-l».507
-590
-959
-97
Kaxlca
-2.053
-31.709
-'11.995
-ll(.717
736
2,*77
5.885
Vatharlaada Vaat ladlaa
and Sorlaaft
Paaaaa
Para
20.363
21,678
1.078
1.282
2,018
61)6
206
1)62
5.2*8
390
3.653
-1.225
-209
-535
*.803
1.T76
-2.000
-».2«7
1,886
1.277
Othar XAtlB Aaarloa.
3.3te
36.580
-19
I>.8g5
Total IiatlB laarlea.
jfSMg.
BraiU
ChUa
Coloabla
Coata Biaa.
Cuba
Traneh Waat lodlaa and
Taaanala
Alls
China
fraajch Indtv-Chlna-
HoBC Xon«
ladlai Bozmai and Cajloa
Brltlah Italajra
J^pan (Inolodloc Eoraa
and Nanohnrla)
latharlanda Xaat ladlaa.
Pblllpplaa lalaada
Tvrkaj
Othar Aala
-
Total Aala.
Othar oonntrlaa
Anatralla
Vav Zaaland
Xcrpt and An^o-lfirptlan
-631
5.050 17.793
10,062
9.351*
-865
-588
605
1(65
13.001
1,21(3
-1.31)2
2.197
807
iho
-1.029
617
3.157
2,k32
58
3.822
I.OK7
-272
-1.521
-1.671*
1.5*3
2.720
-l(,21l»
2*5
3.*77
-25*
U,lt07
2,731
10,280
8.270
601
*%7V
-6.281
-U
-l.W
1.637
36*
I.6I8
-9.038
15.595
22,377
ih9 59.859
*26>323
*Z\,ZVk
-1)0.688
-25.101*
-6.1)65
-3.198
19.397
222.716
1,51|
-6.36>»
28,203
8.3te
8.UI*
13.5*9
15.200
16,*96
23.95c
69.9*3
-1
120
a, 651*
-27
-17.723
231
108
116
-1)9
-71
780
-*52
12
25
20
-262
5.32*
-7.107
-23
1.6*5
^,881
-163
-13
.361
-823
7^
-7.563
-29
22.031*
+10
-10.659
3.129
2.763
-2,S5'»
>».706
U,l68
77
-90
*63
3*
-3.379
-729
36
-89
k!ol»9
-3.123
-313
-7.25*
10.377
'
-ll2
7
-528
-Vl
10
-13
-5.036
-6,021
l*.158
-15.781
1,1(6T
252
579
-3l2
5.^
231
881
K^
-20.193
-*10
2.1)90
-*51
21*
5»
20
-71*
-7
-23
35
582
-32
-36
-12,61)3
768
7.1*3
-292
253
l.|27
721
2,123
1,186
23.253
6,160
-209
*.6ll
*o.oo6
76,569
9.«27
-12.909
-1.161
2k.956
3.5M
6.21(3
-550
-»33
-2.152
7.025
12,016
-2.555
1.9»5
15.088
-u.3y)
2.6li9
761»
I.9I18
-26¥
1.209
982
-*.929
-1.388
2,823
-155
3.531
2.076
6.687
•59
870
-1.079
-716
1)97
3.021
-5.5«3
-11,209
.l.l)09l)a/
118
135
2,6ll»
-2.35*
172
1,230
21,383
190
-87*
-872
9.397
2.3ia
18, oS
-17.251
Total othar conntrlaa...
21.0i»3
2,208
629
2*,6i(ii(by
-15.*77
-892
2*1
825
-1.685
2.019
23.079
8.915
-2,0161);
19,226
26,375
*h,6n
-3.1)1)2
10.^
-I.6I.3
-171
1*9. 9»6
-793
-«7
*.57*
6>8^to/ 3,027
-2,729
-302
U,2li9
-7.209
Orand total
-169
-10.839
-l.*52
-1.073
1*,281
-6I12
Praach Morooeo
Union of South Africa.
ill othar
Bnldantlflad
8,688
*.727
-IM
-8*6
-211
35
^2.885
-3.289
-3.73*
-1.191
"—
-22.253
162
^
9H
-151
-5IIO
151.809
ni9.683
61,505
22».8I>5
55.551
(Oantlnnad aa fallovlng pafa)
.
,
.
,
t^6
Janmry
93
Capital Nfoveoients Between the United States and Foreign Countries - (Continued)
Section
I
Summary
-
-
(Continued)
Table 3.- Net Movement of Short-Term Banking Funds, by Countries, January 1942
(In thoMMiai of lallari;
Total
calendar
year
IjUlt
mftlTt flgnrn
lidlest* a
ut
-
July 1945
-
(Continued)
oatflov of c«plt»l frOB th« Onlted 9t*tM)
I9IA
Jaanary
fahnary
Karah
ivrll
Job*
July
-1,9'W
-10,332
-U,g72
-58.91*3
-270
-60
1*9
+8tS6
•••jr
Ancnat
Saptaahar
Oetohar
lOTaahar
Baoaahar
-98,200
+10,218
-72,lHi
-1,521
+27,671*
+13,}»7_^
+1,61(8
-51(7
152
-31*0
^•UU
209
-216
-13
-57
Ittropa
Onltad
franc*
Il^ea..
-XUl.llT
75,685
+l,U30
2, lUl
-1,001
-8,068
-3,505
15, 617
2,083
+957
7,01(5
-215
-222
-31(9
''55
-187
531
-65s
21(7
-281'
-561*
23
2U
173
361
-36
+89
-71*
-306
-66
Oreece
Italy
Xnzeabourg.
5.150
13.957
-152
->«8
60
-127
-U57
-57
2, 1159
ISU
Hatharlai^,.
Hotvay
Portocal....
16, Use
1,03U
-60H
26,975
1.763
7,57''
15,072
11,017
-720
Bal^^lnn
•..
SenBark.
rinUnd.
Oeraas/.
.
6,658
-3'',212
+3,688
-525
35.562
50
3,501
1,93"*
18 1*-
1,1*92
-313
-30,397
+1,813
+1,105
-2
-n
+132
+582
1*32
2,1*70
-3
-197
+116
2,1*25
-116
2
+1,51*0
1,828
2,227
+5
17
66
2,738
+31*
-5
+20
5,910
3U1
1,100
-967
-11*. 61*8
261
-1,158
-97
.ll*,Ui*5
+2,791
-9.701
5,272
8,055
+2,973
+8.337
-8,502
-1,796
8,1(05
+3,752
1,201*
+569
-9,239
-2,2l*l
3,912
+1,391*
+5,220
-257
+1*,228
1*,U80
-269
33
-10
-U,223
+1,528
2,636
-92U
-1,01*5
+I(,l7l*
+601
'',657
+8,979
+3,235
-32
-U,201
225
15
-52
727
1, 189
61*
1*16
+182
+3,399
11,61*1*
-22
+1,812
*\"6J
-5.313
.13,1(96
258
3,010
-5
1*27
1,301*
-1, 167
-11,091
uoi*
-11,297
2,816
Svltisrlaod*.
S. S. B...
Tocoslarla,..
Otliar Inropa.
30,397
3,775
3,060
1,697
lt,3ii
-575
-18
2,082
-781*
l,8l(l(
-8,183
-2,5l«
79
-3^
+309
-2't,gU5
1,213
-287
-2,297
66
±0
379
-132
+1,672
-671
-172
-986
2,3lt3
-3, '36
10,353
1.207
+1,756
3,312
-U.iqg
Total Ittrapa.
-107, "tU
91,388
20,?86
123,623
32,529
93,853
36,>I06
5,1'tl
35,8'to
5,833
-612
4.2U8
1.968
8,825
21,338
1.15,51(2
g,63l»
-2.285
-10,0Ug
375
1,891
3.532
531
Latin Aaarlca
Are antlna. ......
Bolivia.
3ra>ll
Chlla
-3,958
-11,756
-13
+158
780
+35
1
-1
2l*l*
-Ui
1,2636a/
-7I.0
U6
-19
-898
-130
-l6,81l(
•32.717
+3,925
61,891*
-l(6,9ig
-66.6U0
-19,011*
-75,575
-60.0'»3
+39.106
78. 701
-58,677
-37,576
-2l*,110
-.65,262
+33.179
26.163
+65.610
9.l'70
-30,257
-969
+3,138
-1,132
-6,71*
+711*
8.232
5.991
.»221
-1,622
-322
9,71'*
1,788
+7,890
+581
-7,191
l,i(«5
-6,289
-3.6U5
+3.973
+153
10,090
313
12,510
-287
-2,598
-1,295
-2.735
-276
+3,853
2,812
10.133
+ll*,««6
1,656
-86
-17,579
+3,596
-382
11.177
-1*,212
-633
+2,831
.U15
+36
+1,735
-3
+3.503
-552
-1.028
201*
-131*
-751
+956
*^
-1,11*9
.886
+U32
7,037
-23,080 1/
-2,726
-2,269
+327
ColnaMa. . .
13,318
CoBta Rloa.
-5,'H7
56
^1.597
-655
l.'*53
3.288
7,870
-2,250
39.067
U,?12
+1,815
-3.881
-5,6»0
+1,667
-5,309
1.78'*
.UU3
-117
UlJ
11*5
116
600
-219
.»10l*
+226
.681*
15,271
1,152
-l3,U3l»
8,913
13,007
6,538
+375
-6,809
1,981
6.U11
l*,699
-1,988
+3,131
+1,268
-8,330
8
-567
+272
+3,353
665
-1,821*
311
1,628
+1,853
Ca^a
7ranch Vast Indlaa and
Onlana,
Mailco
latliarland. Wait Indlaa
and Snrlnaa.
-i«5
-1,511
2,256
11,799
-861
-2,U60
?om
-1,005
3, ''61
10,1*10
1,662
577
-2,026
+2,05U
-338
+828
+3.758
+2,069
Tiaaaitala.
1,070
-2,658
+3.918
+l(,92l*
10.782
-2,85l(
86
-8,530
Othar latin Aaariea..
5.977
21,519
+9,265
936
Total lAtln iaarlca.
197.206
12,016
-'(,195
33,83"*
38,019
+10,027
-ll»6,709
11.031
1.30,050
+25,260
-18
-1*93
-2
-12
-702
+6
-10
-«'t5
319
1,01*1*
170
-3"
India, Boraa, and Coylon
Brltlah Malagra.
Japan (IncllAlnc Korte
and Maaoborlal.
-16,505
885
-575
-79
-98li
+8,996
+53
li»3
+1*1
207
-125
+113
Ratbarlaadi Xait Indlaa.
Fhlllppln* lalai^i
-137
-300
3,570
1,507
-2,05U
+2.370
Panaaa
Alia
China
franeh Indo-Chlna.
Bods Koag
Tukar
Othar lala.
Total lata....
Other coontrloi
Australia
How Zaaland
Igypt and Ao^lo-lgyptlan
Sudan.
?r«neh Morooeo. .......
Onion of South Africa.
All othar
Total othar countrlaa...
Poldantlflad
QmiA
total.
-5,073
21
-3,207
-6,758
9.38U
770
18
llU
U3U
-237
-137
-2Ul
29"*
55
"3
560
-716
730
-1,996
-1(80
-2,51(2
51*
-2,257
-61(6
+1,11*7
221
+521
-1,678
+1,302
+917
890
+6',859
+1(89
+55,012
-11.176
+1,029
1,880
1,516
+2,059
8,1*63
-5,163
+7,517
+1,608
-2.71*2
-11,568
+2.397
2,51(0
t256
+26,231
3,323
-1,>»16
l*,518
21*.
131*
-i*,297
+«7U
-17,1'72
-I*,
+156
+2,303
-3
-696
179.791
-l»7
-3,775
-13
-10,51*1*
+K
-1,120
-11'7
61
8
+190
-2
^lU, 1(1*8
-35,3'«
•»68
55
-111*
-"3
-17
-l'»3
-282
820
2,563
1,729
-3.128
-76
-610
+5,3'W
-322
-5,083
-151
1,19U
806
311
-9.59'*
-289
377
i*,it9i
-531'
2,663
-.SI
211,399
+13,009
-171
1,150
131
a2
59
15
-3.595
10
6
-61
2,593
539
-15
766
-10,310
2,119
(•18,067
•11,687
-509
+3.992
1,703
-1,800
-1,501
-''39
282
-17,381
-1,863
-168.882
U.121
Id*. 872
+6,673
+1Z.633
21,971
-2,192
-11.01*7
-3,589
-7.577
13.8l*7
27,58U
7,881
1.626
-',527
-189
+2.601'
+9,01(8
2.972
l,l»li9
+l»,6l(5
-30
-9U3
+3.677
-969
2,093
-766
-3.8?5
-578
-11,1*12
-1.675
195
+2.936
-2,3U
-^75
l,25l»
-73
-95I*
+328
5M
+303
-989
ltii9
169
691
67
+626
89
-5,931
833
161
-2,571
23
189
2,030
1,91*3
-3,'K'9
l.i*6l»
602
-3, '19
-5,939
918
-8,680
-1.973
-2,372
2,l»84
+1,233
-25*
.2,618
+1.158
-101
-3,1*81
-17.7'tO
-268
-3.351
I*, 399
,
+23, 81*5 6b /
>l*1.070 6h/
-It,
-39'»
-920
-1.79*
-1.569
-2.»*
2}0
-1.927
-2,335
t76j
-15,978
+5.323
-11-386
-29.861
1*56
-".736
2.UU3
+2.6U7
+3.098
79'
-610
+1.371
-1,327
273
+693
-''7.329
-116.872
+10,531*
-57,289
+26.852
76,21(8
11
7.695
-6.985
-152
^0
-19'*
_;lgl
163
'tU.39i>
155,209
1^7,637
+76,7365/ +1.03t
+1,151
(Coatlnuad on follovlne paca)
/
6y
1,1*20
+38
12,967
U.
-57,251
-13
920
"X
Spain. .
Svades,,,
Buaanla.
-1*00
2,9lil»
-1,558
229,5216a/
.
Treasury Bulletin
94
Capital MoveMnts Between the United States and Foreign Countries - (Continued)
Section
Table 3.- Net
l4oveiiient
I
- Sumoary - (Continued)
of Short-Term Banking Funds, by Countries, January 1042 - July 1045 - (Continued)
(la UtoasaaA* •< 4allar«; nacatlT* flgirai tnileat*
m nst cmttlow of ei^tal from th* thltad Statai)
igits
nVruBZ7
Jaaui7
lUreh
Igrop*
-77.8X6
-17.795 Is/
TTaitad Eingdoii
+i«.9'«
+127
-9.*3
-'*3,19'*
Balelaii
-2.'*73
+1.605
+10.
0.W3
DBoaark
Ilnlaad
Oeraaa/
-kZL
-101
-29
-237
as
+93
3,681
-96
+2.781
-2k
35
-3.101
2.691
1.738
Tranee
Or**e«
Italy
LaxemboQXg
Settaar lazuli
Bonragr
I\>rtu^a2
Bmnaola
Spain
Swedsn
,....,............•••••
SvltisTla&d
B
^i^slofla
V. a. s.
+^9
68
fotal lorope
-631
-51
-4,298
-3.529
-312
+186
-13.936
lieie
+5.'»30
-2,176
-3.to6
^.375
->*3
-a
+7.279
-4.330
+78
+2i*3
-2.336
».231
+59.'*57
-27.801
It6.534
100,510
59.763
-U.3U2
+2.273
+19.875
+562
-U62
-2,375
-19.163
-1.936
+1.37'*
-'Lm
-3.83U
-278
+1U
-125, S^M) Is/
Oanada
Latin inerlca
Argastloa
SoUrla
Sraill
-98
Otatl*
ColonUa
Ooata Slca
-2.018
Oa^a
Iteaoh Vest Indies and Oulsna
Mezleo
-503
+7.532
-5,868
-12.38*
-1.079
Othsr larapa
+1.978
+2.276
-2
-3,3110
-27.52't
-351*
-6,227
156
+51*5
+15,602
+15.829
lU.OlU
377
-898
,*^
+2.25U
-1.278
+3.783
+I.OOU
797
+3.U7
+18,52U
+1.655
-U.701
+5.1811
Other latin inerlca
3.U56
+3.597
lotal Latin Aaerloa
+93.059
+U.387
-29.726
+llt6,U59
-16.52U
+50
-2,6>ti»
-292
+l61i
Bather lands Vest Indies end Sorlnon
Panaia
Peru
.
Tanemela
SO
a/
B/
Aala
flK<ti»
French Indo-Ohlna
Bon^ Eon^
India, SoTBa, and Oeylon
Srltlah Xalara
J«9an (inolodlo^ Xoraa azid Manchuria)
Satharlanda last Indies
Philippine Islands
Tortay
Other Asia
Total iala
Other cottntrlae
inatrallB
Saw Zealand
X^pt and Jbaglo-XcTptlaa Sodsn
French Morocco
Onion of South Africa
All other
lotal other eormtrlea
Onldentlflad.
Grand total
660
-im
-1
-916
390
*6l
-168
lii
+€55
-332
+a,U8U
+2.911
+2.6l>t
13.19s
10,105
+9.119
+i.9'n
-2,1109
+'1.393
3.529
5.'»12
+178,510
-18,916
+2.097
+996
+698
-750
-287
-819
+32"*
123
-175
+2,021
+1'»,895 Is/
-69
+165
+8.099
+'.'113
+918 Is/
2.1167
+3.168
au
1.223
153.895
n/
17'*.973
-198
-611
i^aril
»U7
January
1^6
95
Capital Movements Between the United States and Foreign Countries - (Continued)
Section
I
-
Sunmary
-
(Continued)
Table 4.- Net Movement in Brokerage Balances, by Countries, January 1942 - July 1045
(la theu»»nili of (lell«r»; n«gatlT« flgnrti InilloK a not outflow of capital
froa tha Ttoltad Stataa)
Treasury Bulletin
5b
Capital Movements Between the United States and Foreign Countries - (Continued)
Section
I
-
Sumnary
-
(Continued)
Table 4.- Net Movement In Brokerage Balances, by CountrleSr January 1042 - July 1045 - (Continued)
(In thoQsaMs of dollar!
;
n<«atlT« figures Irdlcato * net ontfloy of ciyltftl tram the Pnlfd Statw)
..
Janaary
.
.
.
.
6
.
1^6
97
Capital Movements Between the United States and Foreign Countries - (Continued)
Section
- Sunraary -
I
(Continued)
Table, 4.- Net Movement in Brokerage Balances, by Countries, January 1942 - July 1045 - (Continued)
(In
thonwnJt of
Total
calandar
yaar
19MU
iBTopa
United Kln^-don
Franca
-310
1.539
(loll«r«;
MtatiTt
fl gnr«»
lailuta a nat ontnow of capital from tba Okttal Statei)
19W»
Jannaxj
Tahnaary
-«3
-119
121
Naroh
April
15lt
296
-154
-328
-180
86
21
2*3
318
-69
51
-31
June
108
9
Danwurk.
flnland.
39
-31
32
-9
U
3
Oarvanjr.
+15l»
-7
12
-9
3
-15
Belglu
*1
1
1
Oraeca
Ital7
Luxaabonrs
633
-1
-%
i
Uh
I*
-7
1
-8
6
-107
-29
»K5
103
29U
208
e«5
13
30
-228
17
31
-116
-25
-6
Biaanla.
Spain.
Svadan.
.
Svltsarland.
.
.
Othar Soropa.
.
n.
s.
s.
H
Total Xaropa.
-16
-5
78
88
66
3.758
761
-1,2'*5
+909
-523
-U
-U
-1
-79
-26
-1
-30
>8.582
290
-65U
Canada
211.
Latin iaarlea
Argentina.
BoIlTla...
l.lUl
87
12
291
391
27
-17
52
-3
Ul
35
100
28
U
23
1
1
129
-391
I109
311
157
9112
-52
-10
157
163
6
902
318
205
-3O8
71
3
3
-10
6
-It
19
-82
-10
33
-9
39
653
1.001
«6
+318
—6
-90
90
-U7
-506
1
17
-5
6
31
8
1
-162
2
1
3
1,098
110
-12
35
-127
18
139
-29
-576
696
-201
2.317
35«
1.U20
300
.^2:1.
3115.
-912
-320
-272
225
-lilt
8
-125
-58
n.U57
I
lilt
-150
l.93«
-1,802
3.578
2.196
-l.ltllO
:a«-
22
lUl
-3UI
llt5
226
-1129
-2
1,1128
13
12
-2
-9
-»t7
-53
-ltl«6
217
381
-228
-11
-119
-2511
-55
-27
-2
51
-7
lt6
-9
-29
-71
-105
129
61t
-5
-13
1*5
20
17
80
-3
-121
13
-19
-18
-6
99
-3
-U
-10
-19
119
-1,121
-185
1.213
-1,208
-181
37
-3>t
-387
131
-253
-127
-131
51
7
9
-16
1.105
-51
-208
-SI
332
-73
-llK)
151
-78
332
<i6i
237
279
^5
29
-6
-U9
-11
-280
-3<
-lU
-1.319
ll2
-10
989
-1115
1157
-2.032
CiMla
'>-2l|«
+316
-32
132
136
302
255
•1)98
-1
-8
-U59
-Ul
9
370
-SO
177
-219
13U
-5
3
19
60
105
288
2
-It
-138
ColoAla...
latberlanda Vaat ladlaa
and SorlniB
150
191
-769
159
-79
-17
lit
318
Cnba
Traoch Waat Xndlaa aa4
Qolasa
Kazloo
M:
It62
107
-55
-19
1
83
-282
1.206
1.252
Coata Blea.
299
11
u
September
18
Ul
-67
39
BraiU
«
gg
90
3
Tn^alaTla
1
9
1
Aufuat
-1
-1»
11
Vom7
2,te3
3U6
128
166
9
7
Fortn^al ....
Natharlanda.
Jnly
Us
8I6
-11
11
66
166
-U9
Tanaraala
Otbar Latin loarlea.
-179
-1.517
-175
-163
56
790
-1,3^
-lUl
-19
-199
-177
-167
29
132
339
-189
-5»
Total Latin iMrlca.
1.309
rsa.
2.265
-759
-IJlU
1,302
-308
-7l«
195
788
726
^2L
-15
-237
-182
116
-153
-520
-«9
U6
893
271
3
2
-33
-32
35
-i
i
-659
-5
.l*6U
*Wt7
-10
-89
6
6
Aala
5Qii»
Trench Inda-Chlna.
Hone Eoo^
'»2lt6
52
-6lt9
-3
35
-i»
-299
k
-1
-1
89
1
I
3
letherlanda laat Indiaa.
Philippine lilasla
TarkiT
Othar lala
2
-6
3
8
6
3
18
-15
-1
-29
-lU
-20
-5
23
±35-
-28
-221
29
10
13
26
AaU
Othar coxintrlaa
inttralla
Vav Zealand
Xerpt and iaclo-liTpt las
Sudan
fyench Morocco
Onion of Sonth Africa.
All othar
6
55
Japan (Inolndlng loraa
and Mancfanrla)
.
Total othar coantrlaa...
-251*
-33
1
5
9
-30
ItfiT
7
-3
-9
*3
-25
79
7
-5*
1
-lit
22
-9
18
-71
27
156
-ll*
60
-58
5*12
-2llt
-638
131
66
-jSi.
950
-lill
6
-32
18
-271
-67
-15
-1
-6
-1
lU
17
::63I.
2
3
^
1
1
15
10
1
-1
-1
e
2
9
-7
8
-1
-3t8
1
3
1
268
id-.
70
286
2U,
-713
1.831
68l«
-1.289
i,6i6
(Continnad on folloviac
rTUL
119
650
pa^)
1
-1
1
IH
*.2L
^22.
-1
8.529
27
-1
-3
1
16
Onldentlfled
Orand total
-1.337
.
India. Burva, and Ceylon
Britliti Kala^a
Total
1.389
-10
2.313
U,911
-2.11ll
1.295
Treasury Bulletin
98
Capital Movements Between the United States and Foreign Countries - (Continued)
Section
I
-
Sunmary
-
(Continued)
Table 4.- Net Movement In Brokerage Balances, by Countries, January 1042
-
July 1945
(In tfaaniMids of dollar*; nogatlT* flgiroo ladlcsto a not ontfloir of capital flroi the Pnltoa Statoo)
-
(Continued)
January
1946
99
Capital Movements Between the United States and Foreign Countries
Section
I
-
Sunnary
-
'-
(Continued)
(Continued)
Table 5.- Net Transactions by Fbrelgners in Long-Term Securities (Domestic and Foreign) as
Reported by United States Banks, Brokers, and Dealers
(In thoutmadi -of dollara; nagatlre figures lndicat« nat tales
t)/
forelgnere)
.
Treasury Bulletin
100
Capital Movements Between the United States and Foreign Countries
Section
-
I
Summary
-
-
(Continued)
(Continued)
Table 5.- Net Transactions by Foreigners in Long-Term Securities (Domestic and Foreign! as
Reported by United States Banks, Brokers, and Dealers - (Continued)
(Iq thousandfl of dollars; negative figures Indicate net sales by foreigners)
Total
calendar
year
I9U3
Burope
United Kingdom
France
Belgium
-20,U35
Denmark
Finland
Germany
Greece
Itely
Luxembourg
I9U3
January
itSh
*1.535
-111
-895
-772
+1,961
+26U
-18
February
March
April
May
June
-5.517
+135
-67
-713
-1,301
93
80
-21*8
-1,631
+1,158
-l.UlO
+U,013
-160
-71*2
-i*us
367
3
+375
1,395
+29
+2
+8
+2
-29
+111*
+1U
-19
23
-28
39
87
3
-2
July
August
September
-2.703
-6,U96
+1,211
+2,81*1
+1U
-95
+8
-27
+ 11
+ 10
+ 12
-2
+9
+71
-30
+5
+1*8
+2
-10
+qo
+18
+U
+52
-6
+1*3
+ 129
-1,891*
-2,8lU
+3.233
+205
-137
-i
+680
-111
-2
+16
-108
-20
+15
1*3
+U
-90
+16
9
+1*63
-I2I*
Hetherlandfl
+it.37U
859
+l*ll*
61
+1,127
1,106
213
+11*9
Norway
Portugal
+2,360
+1
-6
-15
+702
+159
+1*6
+31*
206
-3
-9
59
35
-1F6
+815
22
135
+ 18
-10
+1
+3
-567
-2U
-139
-2,252
+2
+2, 307
+11*1*
a
+ 18
-6,011
-2.7U6
+3,191
-17,309
107,1*61
+23^951
+662
+12
+75
+1,986
+89
+118
,.
•
Rumania
•
Spal n
Sweden
Swltterland
'J.
S. S. R
Yugoslavia
Other Surope
Total
1!!urope
1
-1*0
-1
51*
2
+269
-38
+2,1*15
-71*
-2U
"^31
+2,280
+U2
+1,803
+163
+2,068
132
250
5?3
3.68?
+1*6
+130
5, 05**
+2,085
+2,1*51*
+3.581
-86.520
-15.23U
-9.729
-251
+19
-6I8
-83
+563
+386
325
+27U
+1,028
+27
+71
+36
+89
+82
-31*
+26
+162
-lU
+1.079
+310
—6
-78
+676
-39
-1*7
-106
-22
+219
-15
+2
-200
+26
+9
+8,887
+1,162
+981*
1,759
+1*0
+169
-358
+2,168
1.5*»3
U13
-U
+2U2
-3
+13
+116
165
+3
+1.232
951
+79
-1*1*9
-36
-1,162
11*6
191
-13
-J65
-296
+22
+83
+79
+20
+176
-13>*
+160
+2,209
+5.611
+99
+1,520
+1,38U
Chile
Colombia
Costa Rica
+2,111*0
Cuba
French West Indies and
10
Ul
-11*
OxLlana
l'=3
2U
Canada
Latin America
Argentina...
Bolivia
Brazil
-Ul
3.356
+6,
•.•...•
-3
Mexico
3,733
Netherlauls Vest Indies
and Surinam
Panama.
U.967
+50
12
-1*98
369
-22
+135
-I*.
569
-357
+7
-1
tL
+21*.
-1*7
-1*8
+77
-IU3
-39
-8
83
22
Venezuela
Other Latin America
1.365
+263
339
22U
+ 191
+2,128
-73
.2U
-139
-122
+99
-227
Total Latin America
+32,111
1.372
+ 631*
2,21*2
11*7
2,883
+1.180
-655
3.355
+7,090
+67
-78
-155
-136
708
+1,1*82
-965
.11*6
-1
-78
+1,062
+28h
India. Burma, and Ceylon
British Malaya
Japan (Including Korea
and Manchuria)
•
-571
-5
-108
Netherlands Kaet Indies.
Philippine Islands
Turk ey
Other Asia
+35,1*00
Total Asia
Peru
Asia
China
French Indo-Chlna. ....••
Hong Xosg
Other cQTintries
Australia
New Zealand...
^ypt and Anglo-Egyptian
Sudan
+20
-20
-7
-7
3
+8,000
1
"5
-1*5
+ISO
+990
+36
+22
+352
+U2
+297
+35,556
+1,096
+171
+1.382
+2U1|
81*
-5
+8
-50
3
3
French Morocco
Union of South Africa...
All other
+86
-335
+1,261
Total other countries.
2,339
Unidentified
Grand total
.
-250
-52
+1,100
-?0
-te
-2UI*
+2,
-1*0
-136
+7
-1
.1U,350
+1,000
+107
+1,000
-22
-2
+1,000
+136
-67
-1
166
53
+fl*
+106
+198
+98
-1
-21
+8.097
-27
-lU
-139
+8.91*3
g.3l3
+77
-56
•lU,ltU3
+2,018
+8,161*
+80
393
117
+59
+30
+69
16
+6
-7
-13
-U
-23
36
-2
+9
-7
+5
+2
-63
+38
+75
-20
+86
29
+12
+7
-17
-11
-36
-11*8
-23
-6
+1*72
-3
-i
+83
-37
-17
+278
+il*3
250
+67
+210
82U
+231*
39
-31
»l68
+1U7
-81.717
-11.908
68.513
+5.995
-2.951*
-''.712
-9.51*8
-1*7
-667
+105.1*63
-11
-5
-99
ii.
=62i
+109,617
October
November
.
.
.
..
...
.
.
1^6
January
101
Capital Movements Between the United States and Foreign Countries
Section
I
-
Summary
-
(Continued)
(Continued)
-
Table 5,- Net Transac tlons by Forelfoiers In Lone-Term Securities (Domestic and Foreign) as
Reported by United States Banks, Brokers, and Dealers - (Continued)
(
Total
calendar
year
19Wt
Europe
United Kliifdom.
France
Belgium
-26.37U
In thouBanda of
\SVH
Januaxj-
February
-2,SWl
-1,835
+2,372
-1*08
-7.510
-351
+86
+5
+7
-9
Demnark
FlnlsBd.
136
Germaiiy.
+66
doHara: negative figures Indicate net sales by forelgnere)
April
May
-1,892
-1,582
395
-1,621
+706
+68
-5
+76
-59
+1
-1
73
20
-3,052
-13,270
5
-1,571*
5
21
15
-Uao
+979
-718
-28
-12
-131.
+1*
+2lt2
76
-10
-17
-5
-5
-19
Netherlands.
Norvay
Portugal.
-26U
+2,?M«
+262
+566
+177
+16
33
282
-1U9
1,1
+F7lt
+86
+51
+1*8
+78
-15
Sumania.
Spain.
Sweden.
-1,620
Greece
Italy
Luxembourg.
.
.
iU8
+«1
JO
-1,1*55
+16
-5
2.025
.1^6
-13
-11*7
-60
+31*
-ll*2
1,035
-831
+20
+2,118
150
+73'*
-509
37
i*,6li*
-3,601
+1,851
-16,019
+'1.381
-328
-7,266
-21,635
16,709
2,300
+287
+1+1*2
+1*91
+1,058
+3
23
+'i,39U
92
-75
-11
-226
+183
Chile
Colombia.
Costa Bica.
+1,121*
-l6lt
-lU
-250
*9
+1*3
-I4
-62
+1U
-16
+60
+2.933
-70
Cuba
French Vest Indies and
Guiana
Mexico
+1,822
16
361*
-731
+2l*5
-205
lit
+115
-139
+300
-7
-82
+188
.
Switzerland.
U.
S.
S.
51
H...
6
6
5
-U
Yugoelavia.
Other Europe
.
22,585
Total Europe.
-15
Canada
Latin America
Argent Ina.
Bolivia
Brazil
.
.
-13
+6,l5it
Netkerlandfi West Indlee
and Surinam
+1
515
3I8
+222
+195
+U«
+93
+98
.
+1*3
+7
-1
13
-6U9
+ll,110
Panama
Peru
+21
Venezuela
Other Latin America.
l|Og
121
+5.7'*7
+6U
+179
+220
+288
+12
+126
Total Latin America.
+1<U,252
+3.539
+1,307
-l61*
+1,586
+170, U38
+30
+69
+30
+U27
-U
-157
-110
-8
+6,002
+5,000
1(0
+221
-12
+6g
-12
+171
+177.115
+161
Asia
China
French Indo-China.
Hong Kong
-16
-7
-612
.
India. Burma, and Ceylon
British Kalaya
Japan (including Korea
and I-Ianchurla)
Netherlands East Indies.
Philippine Islands
Turkey
Other Aela
Total Asia
Other countriee
Australia
New Zealand
Egypt and Anglo-Egyptian
Sudan
French Morocco
Union of South Africa.
All other
Total other countries.
77
+1U
-U6
-5
-31
279
+1.339
-21
+1*55
-11*7
-1
+^3
+i*,89U
-2l<6
57
+202
-6
-9
25
+85
-39
.
-116
-33U
1
*18?
+1^
-37
u
:i
+36
215
-33,079
+1.656
+1,215
+83
+270
30U.231
-11.6
-3.8U6
Unidentified
Orand total
July
Au^flt
Septeaber
October
November
.
.
.
Treasury Bulletin
102
(Continued)
Capital Movements Between the United States and Foreign Countries
Section
I
-
Summary
(Continued)
-
Table 5.- Net Transactions by Foreigners in Long-Term Securities (Domestic and Foreign) as
Reported by United States Banks, Brokers, and Dealers - (Continued)
(la
tlmuandi of dollar*; nagstlTe tigant Indicate nat aalaa by foralcnara)
19M5
Barope
United Elagdom.
Trance
jfjmaxy
ittToaxf
-3,602
-3.9't9
Belgliim
Denmark.
-35
Fid and.
Oeimany.
Greece
Italy
Luzenbourg.
Netherlands.
Horvay
Portneal
-10
-111
-17
^rll
March
9iredea.
JWM
Joly
-6.235
-90U
-U.lt69
2,037
-771
+U.211
+76
-U,830
-8,828
-739
-1.01*9
96
+2.022
-1.321
-6,002
-82
101
398
+328
+1U
+1
-3
lu.
1*
-38
+22
*6
-lU
)«
37
3
7
-86
-1.366
-56
+1.376
-381*
-150
15
323
-5
+1)0
-la
1
-67
19
+50
1,991
-1*83
-9
-1
*6
-2
77
12
298
*lU
169
-3U
28
79
91
SO
-i
-8
+190
-2.363
-236
-239
gUU
+21(0
-31*
+51
-U7
•*,152
-2.155
-778
+3.81*0
71*3
-33
+129
-1.027
Bunazila*
Spain...
H«y
-122
-3
-63
«
13
82
+12
-2,363
-2.6U1
TugoslaTia. .-.
Other BoTope.
7D
+1
-1.108
-6,133
Total Boropa.
-6.356
-6.963
-23.539
-I0.35it
-6.51*6
+23.1*30
-8,51*1
-5.6^3
22.920
13.602
-)«.ia2
-5.721
-H9
Stfitterland.
U. 3. S. E...
3
*7.3Wt
Oana^w
1
+1
-77
87
Let In America
Argentina.
BollTla
..
256
BrasU
*29U
Chile
-127
-35
lU
95
+3U9
m
13
-I
-60
i-iefi
189
168
-267
-5
-10
+10
+261
Neth«rlanda Veat Indlea and Sarlnaa.
.......>•
*.
Fanama
Pera
-52
-733
-29
11
Tenesoela
Other Latin iaerlca.
-117
Coloaibia.
•
Costa Rioa.
Cuba
Trench Veat Indlea and (hdana.
Mexloo
Total I«tin JbDBrlea.
Asia
China
Trench Indo-Ohlna*
Eofig Kong
India, Baima* and Oe(7'lon
British Halaya
Jepan (inolixdlne Korea and Kanhotirla)
Netherlanda Sast Indlea.
Philippine Islanda
U5
-3
-72
+233
333
+370
-89
+109
2.1*53
+26*
+23
+111*
315
230
-11
23
-19
-U5
71a
+719
3
1(81
+289
-318
*Sa
82
282
617
+U1
107
+67
20
+31*9
U38
-78
52U
-379
+205
1.858
173
-iw
1.2U
2.133
7.597
1.100
9U3
-27
887
+785
16. 51a
+U.837
-7
-1
1
-i
+11
-10
+2
115
-73
-97
-208
1.230
-12
2.20^
85L
+163
72
-1.32
3
.561
37
*5
+8
lis
+7
-38
-lOU
+u
-161
-28
29
-30
nj
957
-165
+5142
+6UI
+17,696
+U,768
33
63
101
-63
+1*6
-2
-6
2
-6
+1*
-3D
+102
-3
+15
+29
+1U
-106
+68
-56
+19
+1*6
-28
13.906
9,81*9
357
-1.1*23
-55
-8
-35
35
-SI
51
-31
-5
-2
-87
-5U
-2U
-36
-25
Total other countries.
-35
-192
5
1
Ja
-8
Trench Horoeco
Union of South Africa*
All other
1/
-1*56
+1*51
-2.072
Total Aala
Grand total.
-1*6
+1.186
-5^7
Other Aaia
Unidaptified
+1.685
5
180
Other conntriea
Aoetralla.
Hew :&ealand
^STpt and inglo-l^ptlan 8adan.
2
In
-go
-1
-76
Tai4E«i7
+1,631*
20
+U
=iL
3.705
-56. 588
AdJ^utad to coTar two laiga trantaetioiu In faraltfi aaetiritlai, aa
follovai
(a) the Ineloaion on JU^ 1 of $11*. 787 thouaaad repr*aentln^ aalaa of Oanadlan lon^tam aacorltlaa. md (%) the Indo^
-28.129
+1*1*.
alon of $2,561* thooaand rc^iraaectlas ladonptlona on Jnly 1 of
Areentlne aaeoilttaa, aa well aa (e) nat dlabuxaaoanta from tha
Ublted Einelom aooonat to donaatlo pa^-aaa at $3,'*98 thonaand.
1^6
Jatmary
103
Capital Movements Between the United States and Foreign Countries - (Continued)
Section II
-
Details for Month of July 1945
Table 1.- Short-Term Claims on Foreigners as of July 31, 1945, as Reported
by Banks and Bankers In the United States
(In thnii.«.rf. nf ilnlL-.^
3hori-t«re elalat p«ym%l« In foreign currencloo
Total
•hort-tara
elalBt
Dapoalts of
roportlQ^
^nka
Total
and
bankori with
fOTOigiiora
Dopoolto of
doaottio
ollonti vitb
foraicaara
Rirope
Cln^oiD
TInlted
12,709
729
1,230
759
UO
Belglm
Denmarlc
8
2
2
Tlnlanl
Ooniany
U
33.866
t
70
7
Franca
i>raeee
Portugal
•
Swltierland
»
Tn^oslavla
S.
1
8
2l«6
26
209
?"
86
38
5
J9
U8
28
922
66)
\
158
U39
1
5
till
"3
18
3, £118
2.856
''9
2,801
20
11
11
Mo.Ufe
zUz
tfoTvay
n.
S.
15
U.qio
Total Xorope
112.978
17.009
7,002
Canada .
'5.199
16.177
12.129
Latin iaerloa
Argent Ina
Bolivia
Braill
lU.iUg
l,2U7
26,896
90U
196
27
17
Chile
Colonhla
Costa Rica
8,359
16,337
1,225
3
10
1
Cuha
French Vest Indies and
Qui ana
10,328
13"
133
133
10,238
1.397
1.226
305
1,080
1.735
28
Kezi CO
Hetherlendfl Wast Indies
and Surinaa
..••
Panama
Peru
3
12.365
168
53
Total Latin Aoerlea
109. 8U7
2.727
Asia
China
French lodo-Chlna
Eong Xong
l,Ol«
India, Burma, end Ceylon
British HalaTa
Japan (Including Korea
and Kanchurla)
•.,
Netherlands Sast Indies.
Philippine Islands
Turkejr
Other Aola
1.793
22
2
1
307
172
11,959
lU
2U6
15>»
2l«
521
l.3?»
13.9»3
2.l6e
13.135
7
85
71
520
Total Asia
Other roantrles
Australia
Rev Tealand
SgTpt and Anglo-^yptlan
Stiden
2,073
350
1,081
33
"6
121
155
25
17
2«7
French Morocco
Union of South Africa,..
All Other
11
5.193
1.378
1.39'*
..
Onidentlfled
Oranl total
15
813
l'»,5U
lUo
325. 2U3
3
56
II6_
Tenetuela
Other Latin Aaerica
5. ''50
2
6
Other Europe
Total other countriea.
11
69
Hathar lands
Bnaanla
Spalh
Sweden
>I2
2U
20
•.
Italy
Loxenbourg
39
U9,g59
Sl)ort-tar« elalaa payahla ia dollara
Loans
Total
to
forelsn
banka
LlaMllt7 of
for«l£n«r« on
aooaptaooai
mada for
thair aeeounta
Treasury Bulletin
XiA
Capital Movements Between the United States and Foreign Countries - (Continued)
Section II - Details for Month of July 1945
-
(Continued)
Table 2.- Short-Term Liabilities to Foreigners as of July 31, 1945, ae Reported
by Banks and Bankers in the United States
(la thousand! of dollurs)
.
January
.
.
,
.
1^6
105
Capital Movements Between the United States and Foreign Oountries - (Continued)
Section II - Details for Month of July 1945
-
(Continued)
Table 3.- Purchases and Sales of Long-Term Securities by Foreigners During July 1945, as Reported
by Banks, Brokers, and Dealers in the United States
(Zb thouaaa&a of dollars)
Purchases
Total
purchnaes
Sales
foreieaers'
Domestic eecorltles
Stocks
Burope
United Kingdom
1)y
Poreifn securities
Bonds
Total
Stocks
Bonds
"bj
foreigners'*
Ibrei^ sseurltiee
Domestic securities
Total
sales
Votal
Stocks
2,322
11,238
239
1,590
863
732
10,375
a6
23
total
I.g6s
5.282
159
923
5.275
500
338
113
3.18?
7
135
1
810
U.937
6
11,281*
U8
5
1*1
11
30
2l*l
25
16
1
15
9
Ger3lcn7<
28
28
11
17
11
5
21
Greece
Italy
Luxembourg.
67
67
65
2
95
52
-95
&.
1*79
1*93
iioi
1*9
52
1
2
2
2
63
79
32
63
71
32
51*6
538
83
1.75
lUa
2U
172
102
169
96
121
90
uo
102
82
i*.56U
I1.168
3.735
ITrnnce
Belgian
Dsamaxfc.
1*23
Tinland.
Bstherlands.
]?or»/ay
Portugal.
.
..
91*5
9
8
3
U
1*
7
21
11
10
..
Sweden.
Switzerland.
3.168
88
122
'S
2
8
59
Bumenia.
Spdn.
Stocks
U
2
86
396
165
231
3,821
1.01*3
1.0U3
12
1,031
312
1,112
21,086
19.971
6.1UO
I3i83i
1.115
jse
270
17.331
7.21*3
10,088
26,939
1,608
1.525
3"*
D. S. S. B...
TugoelaTla.
Other Europe.
li.
Total Surope
-15-
li
12. 5*^
11.121
U.6U3
6.1*78
1,1*21*
38.519
10,1*96
3.937
6.559
28,053
2,11*1
l,0U6
10
too
997
10
300
100
1*51
13
206
315
25
iit«
11*1*
1*
109
25
109
25
55
206
2.629
1.7't5
1.633
112
ggi*
312
572
1.285
1.197
1.162
35
88
6
Netherlands West Indies
and Surinam
Panama. .................
Peru.
159
1,209
225
11(6
11I6
l,l>t2
115
1.131
115
Venezuela
Other Latin America..
879
1.358
876
1,163
5U6
977
Latin ioerloa
Argentina.
Bolivia...
Brazil . . . .
U51
851
Chile
ColonbiaCosta BlCa.
Doha
French Vest Indies and
Guiana
•
Mexico
Total Latin America.
26,932
2.597
2.025
1.798
227
572
29
U3g
IMI
1*1*5
388
57
36
19
13
H5
183
165
156
9
199
18
23
13
7
1*3
236
1*9
11-733
8.122
7.295
827
12.U39
12, '•31
1.1*16
11.015
6z
liU
1,910
1.795
866
929
115
82
996
96U
919
1*5
32
2
2
67
2,ll21
2.30U
112
1,9W
360
U7
100
12
2
530
851
1*52
9,382
7,601
1.781
602
582
193
389
6
6
39
87
12
llU
195
3
123
72
530
1,185
3,611
821*
2.787
98
330
186
62
1*1*
13
U
1*1*,
3
789
-32!l
13
110
1.251
Asia
China
French Indo-Chlna.
Hong Kong
India. Burma, and Ceylon.
8
i
i
82
82
73
9U
9U
19
19
17
123
123
55
British Malaya
Japan (inclvidlng Korea
and Hnnchuria;
Setherlands East Indies.,.
Philippine Islands
Turkey
Other Asia
Total Asia....
U1>1
12.989
J26
331
12,876
l.gl*5
Otbar countries
Australia
Bev Zealand
^Tpt and Anelo..Xeyptlan
Sudan
13
13
French Morocco
Union of South Africa.
All other
15
10
70
15
10
70
13U
m
75.950
1*2.726
Total other coUBtriea.
.
.
105
11.031
1*6
1*6
JL
JL
1.125
23
26
JS-
_2i
226
_2!l
586
_51i.
JL
JL
27
6
1
1
116
115
2
2
162
160
62
98
77,373
U7,970
21.632
26.33s
91*
2
Thidentlfled.
Grand total.
17.830
211.896
33,221*
2.303
30.9a
29.1*03
2,01*0
Treasury Bulletin
lo6
Foflltlon In Foreign Currencies as Reported by Banks and Bankers In the United States
Section
I
-
Net Position, January 1042 - July
IMS
(In thonsaAdi of dollars; nogmtlT* flfuroi Indlemto ghort pooltlon)
0TiiTaiie7 oft
PooltioD at ond
of aentb
loropa
(coBtlBOod oa folXovlDc pa^a)
Oraad
total
Total
Burope
Dnltad
(Jaii.a9-»elp.25)
(ral>.2£-ii>r. 1)
-3,066
-a.uii
-i.uzh
-1.651
-1.25U
-l.UgS
*$66
+1.208
Cipr. 2-lpr.29)
Ha7 (ipr.30-J<iue 3)
June (June U-Joly 1)
-2.105
-3,622
-3,261
-1.391
-1.987
-1.516
+1.221
Jnly
Aueuet
Septenber
-3,1(1(2
October
19U2-JaB. (Jaa. l-Jan.28)
Trance
Belglm
t^majiy
Ital7
Xlfi^doa
etherlandi
PortTl^al
Spain
-390
-365
-387
-518
-516
-515
-35
-35
-35
-105
-103
-10l(
-1.271
-1.269
-1.271
555
-395
-393
915
-3''7
-515
-515
-515
-35
-35
-37
-lOU
-lou
-105
-1.271
-1,271
-I.26U
-1.870
-712
-582
+629
+1.785
+1.808
-365
-369
-358
-516
-516
-516
-37
-31
-30
-10^
-1.266
-1.266
-1.266
-1,275
-88 It
-663
-303
+2.11(9
-61
+2.U22
it30
+2,71(0
-366
-392
-383
-516
-U79
-516
-29
-26
-30
-103
-103
-103
-1.266
-1.255
-1.259
-1)02
1.011
+3.373
577
108
+1.939
+''.399
+l».13l
-383
-389
-388
-516
-519
-522
-30
-30
-29
-105
-106
-106
-1.259
-1.258
lU
15
-1,1(19
-1
-8U
-8U
-8U
April
May
June
1,963
2,222
1,025
+1.127
12
11
10
-68
July
Ao^uat
September
1«,382
October
NoTOmber
December
»eJ).
Kar.
Apr.
loTaber
Deceober
19U3-JBauary
Tebraat7
March
-1,210
-1,05s
157
39U
1.615
1.018
-390
530
-618
:^.It
-29
-29
-30
-107
-107
-106
-1.U19
+3. '•90
-530
-539
-539
-27
-29
-29
-109
-108
-108
-1,1(19
-1,'»19
-1,1(19
-539
-539
-29
-30
-29
-109
-108
-107
-l.la9
-1.1(19
-1.1(19
128
12U
-70
-72
-29
-29
-29
-107
-102
-102
-1.1(19
+137
-1.389
-1.U17
+99
-82
-77
-80
-30
-27
-27
-103
-102
-102
-1.1(23
-1.387
-1.388
+77
+76
-82
-75
-89
-27
-28
-28
-56
-56
-59
-1,388
-1.388
-1.383
+16
+17
-10
-90
-88
-86
-28
-28
-28
-5«
-58
-58
-1.381
-1.381
-1.381
lU
-U79
-29
-29
-29
-58
-59
-59
-1.381
-1.381
-853
-29
-59
-27
-asu
-263
-28
-61(6
505
+2.953
+239
+2.02U
2.722
*kM2
-215
-218
-218
U,983
5.675
U,o69
1.566
2,105
U.162
-as
1(.620
+2,lll»
5.022
-218
-219
5,7711
-51(2
6.881
5.759
6,927
-215
-202
-202
-5U2
April
May
June
5,108
2.112
5,716
+3.621
+2,533
3,1(20
6.11(5
'(,908
+5,861
-205
-198
-196
-5't2
July
8,51*1
6,11(0
An^st
9,260
7.569
+5. 705
+lt,630
8,503
8,019
-I9U
-195
-195
-53«
-538
6.89l(
"•.305
It, 117
+2,691
+2.796
+3.936
+^.933
i(,950
+6.207
-195
-195
-185
-U91
-1(93
-1(93
5.500
-51(2
-51(1
-536
-538
-1(91
-1(91
-U93
February
March
6,830
3.559
7.I2U
U,520
3.509
6.783
5.778
+6.777
+6.U99
-193
-193
-195
iprU.
>«V
Joae
6.357
5.325
+6,279
+9.961
+7.31't
6.985
7.212
8.53U
-170
-U75
-333
-285
July
+5.890
2.1(«9
3.5'«
-171
-3Jl
19'*5-Janu«ry
'i
+3.727
+6.035
U.3IO
3,107
U,U99
October
loTenber
December
I
857
6.262
7.803
September
I
l.UUT
Tebruary
March
19U>t-Januajy
i
(Oostlnuad on follovlne paee)
-19
-1.1(19
-1,1(19
U5
29
-69
-72
-71
39
-71
-17
92
1
-15
5
2
-86
-90
-95
21
-88
-88
-«6
26
-88
+u
-90
Janmay
1^6
107
Position In Foreign Currencies as Reported by Banks and Bankers In the United States - (Continued)
Section
I
-
Net Position. January 1942
-
July
IMS
(Continued)
-
(In thousand! of dollars; n«gatiTe fl^orea Indlcato short posltioa)
Curr*n07 of:
Position at «nd
of nonth
lorops - (contlnnad)
Svltsorland
25
Latin
America
Other
loropo
Total
Asia
-226
-23U
-229
966
+79
-2,1*38
+58
+109
1,165
2.U5«
119
115
-2,1*1 It
-2.1t8U
(i^r. 2-Apr.29)
(Apr.JO-June 3)
June (June U-July 1)
+15
-a2
1,'»12
-226
7T7
+291
-15
-2.1*30
-2,1109
-211
1*98
+HU
-2.397
Jnly
-27
-25
-182
5^3
287
Anipist
1.3U1
1*75
September
77
-211
-231
l.5''3
+30i*
-2.313
-2.209
-2.279
lU
-231
(Jan. 1-Jan.2g).
(Jan.29-Teb.25),
Mar. (reb.26-ipr. 1),
19lt2-Jan.
ret.
Apr.
May
Ohln
i
i
i
Bone
loac
Jspsn (inolodlnc
Korea and
Manchuria)
Other
Asia
-2,273
i
-165
-165
-166
-2,261*
-2,21*1
i
-166
-168
-168
-68
-71
-72
-2.2U5
-2.138
-2.207
-72
-51
-71
-2,1U1
-2,222
i
-2,2l*9
-2,31s
-2,229
-2.2*
-2i»
-201)
l,U26
1,2U2
269
+13U
-197
+1.055
+319
-2,326
-2.192
-2.293
78
-111
-120
-12U
+371
+5O8
iios
+30U
-2!l<A
-2.150
-53
-53
-53
-2.118
-2, 116
-2.111
-71
-71
-50
-121
-116
-111
+2,022
l,00lt
+903
91*6
-2.177
-2.2J5
-2,227
-53
-53
-53
-2. 117
-2,111
-50
-50
-50
-llU
-93
-100
+1.350
+712
+713
-2,21*5
-53
-53
-53
-2.110
-2, 106
-2,106
-50
-50
-50
-32
-5U
-209
-17U
-213
-93
-115
-59
5.2U3
5.086
2,779
51*1
561*
+722
-53
-53
-53
-2.101*
-2.102
-2.161
-50
-50
-50
6U
65
-250
-162
-29
-91
2.862
»t.l75
+U.U56
760
898
856
-65
-65
-65
-2.1119
-2.11*8
-2,lll8
-50
-90
-50
211
-229
-88
April
Mey
June
-77
-25
-26
-78
-95
-SO
-2.138
-2.205
-2,238
-1*0
-2,11*8
-2,lU7
-38
-2,lll0
-50
-50
-50
100
.1*0
3,196
July
August
September
12
36
57
-102
-89
-98
*(M
617
-2,318
+4.91*2
+>t,537
+516
-2,231
-38
-38
-50
-2,138
-2.135
-50
-50
-27
-90
-23
-19
October
Bovember
Deeanber
1*9
-89
-126
-53
+2,921
+597
-2,1>I2
-Ul
52
11
2,657
2,968
U51
568
-2.079
-1*1
-1*1
-28
-27
-27
+12l»
-2.11*9
-2.135
-2.135
-2.135
19lt^ January
Tebroazy
38
30
zu
-77
-99
-89
+2.37U
+1,321
1,698
-2.01*2
-1*1
533
721
-2.089
-2.195
-llO
3,858
-2.121*
-2.121*
-2.12>*
-27
-27
-27
April
May
June
51
lU
-2
2,031*
1.028
-2,111*
-1*1
-53
-13
+1,1*23
+1*,023
9O8
698
-2.127
-2.035
-51
-51
-2.123
-2.123
-2,123
-27
-27
-27
166
July
-2U
23
U,788
677
-2,110
-51
-2.123
-27
91
October
HoTember
Oecenber
19'»3-Jairo«i7
Febmazy
U5
March
April
May
June
9
July
An«ust
September
October
SoTanber
December
19Ul4-Jennaiy
7ebruai7
March
March
1/
32
31
lot srallable.
-38
lU
518
+371
2.032
+1.335
1.512
3.858
-l*U
+551
+2,567
827
836
+798
+955
3,81*9
-2,158
-2,131
-2,11*3
-2,11*0
-2,013
-2,0^
-2.OU8
-2.1W
-2,2ll9
i
-1)0
i
-2.U3
-2,ll*0
*3
96
ei*
+1*3
-19
-13
51
78
+251
+215
117
32
-10
+62
5".
150
+102
-1*
*v
71*
Treasury Bulletin
log
Position In Foreign Currenclee as Reported by Banks and Bankers In the United States
Section
II
-
Outstanding Forward Bxchange Contracts, January
-
-
(Continued)
July 1945
(In tbouaaudt of doXlari)
Crirransy ofi
loropa
Contracts aa of end
of Booth
(contlntiad on following page)
Or and
total
Total
larope
Unitad
Xlngdoa
franca
Balglu
^irohasa contract a
Total porchaae oontraota:
3.851
3.897
3.68U
igitJ-Jannary
S\abruar7
March
iprll
H«y
June
3.397
5.561
July
fi.oes
Oontracte for porchaaes
foreign customers:
ft,
391*
flrom
l^lfj-Jamiary
fsbruary
Uaroh
2,130
2.313
2.273
i^irll
1.631*
Haor
3.5W
June
2.817
July
2.l't9
Contracts for purchase b from
domeBtlc castomere:
1945-Jflaniflr7
Tebruary
Karch
April
Hiy
1.721
1.58U
i,m
Jrina
1.763
2,121
1,577
Joly
3.939
1.U37
1.308
1,005
Oaroaoy
Ital7
Hatharlanda
Portugal
Spain
Svadan
January
1946
109
Position In Foreign Currencies as Reported by Banks and Bankers In the United States
Section II
-
Outstanding Fbrward Exchange Contracts, January-July 1945
-
-
(Continued)
(Continued)
(In thonaandt of dollars)
Currency of:
&
Contrmeti
of and
of Bonth
Aala
Xuropo - (contlnuod)
SlflttOP-
land
lAtln
ABorlca
Othor
loropo
Total
Xata
Pnrehaaa costraeta
Total purchaae oontracta:
\<)M^-3aaaarj
17
17
17
Tabruary
March
i^JTll
M»y
June
17
17
17
July
17
Contracts for purchaaea from
forel^ castonare:
19'45-Jamiai7
yatruary
March
J^iril
Hay
June
July
Contracts for purchases
domestic cuetomere:
19U5-Jaimar7
lybruBiy
March
fMm
17
17
17
April
Hay
June
17
17
17
July
17
1
China
Booc
Ion<
J^iaa (LnelQdlBC
Xoraa and
Manoharla)
Othar
AaU
Treasury Bulletin
110
PoBltlon In Foreign Currenciee as Reported by Banks and Bankers In the United States
Section III
-
(Continued)
Purchases and Sales of Foreign Exchange (Spot and Forward),
-
January
-
July 1045
(In ttasoaand* ot ieXltcn)
OoTTMi^
Tr«uactlons
daxint month
of:
urop*
Orand
total
total
larep*
tfaltod
Baldn
MXaglom
0«Taai7
ttltar^fertncal
ttaljr
tarebaMt*
Total porahaaaa:
1945-JaBn«7
iSpot....
llbrvard.
I
Karoh
i^irll
JttfWd.
Spot....
llbrward.
/Spot....
J
>ormd.
I
Spot....
Ifcnrard.
J
Jtma
Jal7
JSpot...,
ilbrv^d.
JSpot....
•£.852
38.289
1.819
51.533
1.930
'^.759
1.983
55. 8T?
5.226
71.280
3.700
SU.lSo
3.958
21.692
217
18,066
275
2U.022
121
I9.88U
165
25.133
157
29.527
5
13.728
275
16.235
121
Ik
'''^
250
50
18. 162
5814
282
81
30I4
106
531
2.392
157
22.298
2SU
19.09s
2.392
13.100
8. 628
22>>
26.g)tU
-
16.932
217
25
250
9ax6hMM99 from IxaikB:
19lt5J«nn.rr
htacuary
"•^
'"»
{i^i
{fcr^i;
(Spot....
lfcr»«rd,
1.271
zn
217
2l«.580
12.0)48
7.965
l.»7'»
217
a7
31.229
1.511
27.016
l6,iicA
9.011
121
7.388
121
12.138
50
281
71
295
11,132
1,220
97
1428
8,30>>
5
6,018
58
5.763
13
t;6u
7.22l4
7.716
'4
25
10.351
17'*
10)4
7.811
19.501
218
18.129
1,220
12,1460
8.592
ll4£
'».873
32.816
2.536
250
225
IQlt
lU, 1*140
{^iari:
25
UlO
l.i»i6
31.232
lt6.S22
1
218
nirohaaoa fircB eutoaaro othar
than bankai
19l»^nu<7
Spot....
IfcTvard.
Nb™.r {5s:-i:
13.709
3U5
(Spot....
[Ibnrard.
fSpot....
iJbnrard.
;spot....
Ifcrward.
ISpot....
aD.30i»
Mardi
iprll
Jona
I,
Joly
I,
H19
61
2l»,6U7
353
nnmpd..
/Spot....
IbrvarA.
58
10.693
15
10.026
1
15
9.8«
10
9
7.966
1.172
9
103
6
a,3>A
1,1)22
8.715
1.172
I
Janaary
^46
111
Position In Foreign Currencies as Reported by Banks and Bankers In the United States - (Continued)
Section III - Purcliases and Sales of Foreign Exchange (Spot and Forward)*
January
-
July 1945
(la thooaandi of
-
((Continued
doUan)
Oorroaey of:
Inropo
OraaA
total
Irazksaetioas
Aorln^ ooctll
Total
Qnltod
*»ope
KrtBO*
Salaa
Total aalai:
>tlt,883
£1,>101
2.099
291
19.153
U79
>to.39a
3.ia
3.<»
3.172
22,555
149
20,067
197
23.561
1.506
60.938
28.31>»
u.oso
7.3^
£95
31.826
2.592
19.70l»
9.517
5>».6i3
8al«a to banks:
1,051
ll»l
15,1192
6.S95
1,030
17.'»T7
927
18,000
1.031
21.137
1.325
22.715
2.132
22.S51
2,889
Salai to ooatoBori othar
101
7.532
U>»
9.599
282
10.895
319
iit.nes
1.399
tbn
25.179
i.ote
2l».90O
2.09s
150
12,258
237
'''%
27.85>*
12.535
83
13.962
1,22U
17. "ng
176
17.361
1.193
32.827
ilbnrird!
U,8<4
27.972
2.897
2,llU.
"^^
7.32"*
5.
He
38.223
«,S«8
^u:l5S^
16.651
Balgln
OaraaBor
Italy
•thar-
Bortncal
tpala
.
Treasury Bulletin
112
(Continued)
Position in Foreign Currencies as Reported by Banks and Bankers In the United States -
Section III - Purchases and Sales of Foreign Exchange (Spot and Forward),
January - July 1945
-
(Continued)
(In ttaowanda of dollari)
Cut rauCT* ^^*
Saropa - (contisuad)
Trannctlona
daring mouth
Svadcai
Total pnrchaaest
653
"-^
{%^.:
^-^
fcd!
IJoward.
fci,
iapot....
Pa-jha»i troa bankit
ISUSJaouaxy
"^^^
^<^
{JSt^i'.
2U9
{SSiari:
)|00
{&*:
^^ {&d:
"73
•^
{r,:.rd:
•'"»
{fcSi«d!
776
588
VoroliMes from etutoiiwrs othar
than banksi
i9U5-Ja=aapr
76
{J^^i;:::;
78
"'"^'"yifc^iird!
'..'.
60
Ui
^"
i&d::::
«„
"^
JSpot
\lbrward.
*^
{fc^ard'.:::
•'^
57
.
.
38
U5U
{fc^apd::::
113
1^46
Janaary
Position in Foreign Currensies as Reported by Banks and Bankers in the United States - (Continued)
Section III - Purchases and Sales of Foreign Exchange (Spot and Forward),
January
-
July 1945
-
(Continued)
(In thoniandi at dallart)
Oirr«ne7 oti
loropa - (ooatixniad)
Tranaaetlou
diiriji£
Canada
Bonth
Saltiar-
land
Otfau
Inrope
Ilia
SalM
Total aalaii
S65
2.962
297
3.306
5.393
303
3.509
U79
H.652
833
k.SSS
768
5.01*7
Salet to
392
'•*°™^{ft?iart:
March
\^±li:
•^
fSpot...,
\Jbivard.
Balai to eaatoaara othar than
banlca:
lai
^^
^ VbmrA
^*^
{nMwd!!!!
''^
{itoiBrd::::
.
•
•
•
331
583
>i07
LatlB
Japan (lAclndlnc
lorea and
Manehnrla)
OtlMr
iaia
PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, $30O
UNITED STATES
TREASURY DEPARTMENT
OFRCE OF THE SECRETARY
WASHINGTON 25. D. C.
OFFICIAL BUSINESS
PERMIT NO. 1002
FORM A-l/46-2000
BUY
AND
HOLD
UNITED
S
TAT E
S
SAVINGS
BONDS
COPY
Treas,
U.S. Treasury Dept,
HJ
10
.A2
1946
C.2
a:
Treasury Bulletin
No. 2\
US TREASURY
1
!-l
LIBRARY
0031943
@FedFRASER