Full text of Treasury Bulletin : January 1954
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POOM 5030
JUN
TREASURY
?,
3 1972
DEPARTWENT
WEASURY.
I"
MUMEMV
jnNURRV-ia54
LIBRARY
ROOM 5030
JUN
2 3 1972
TREASURY DEPARTMENT
UNITED STHTE5 TREHSU RV DEPRRTMENT
OFFICE DF THE SECRETHRV
I
^
January 1954
Table of Contents
Page
Treasury financing operations
A-1
Summary of Federal fiscal operations
1
Budget receipts and expenditures
2
Trust account and other transactions
5
Treasury cash Income and outgo
7
Debt outstanding and general fund
10
Statutory debt limitation
13
Debt operations
1^
United States savings bonds
19
Treasury savings notes
23
Ownership of Federal securities
2^-
Treasury survey of ownership of Federal securities
26
Market quotations on Treasury securities
30
Average yields of long-term bonds
33
Internal revenue collections
35
Monetary statistics
39
Capital movements
^3
Corporations and certain other business-type
balance sheets (including loans
activities
—
by type)
Cumulative table of contents
Note:
Where calculations have been made from unrounded figures, the details may not check
to the totals shown.
5°
73
A-l
January 1954
Treasury Financing (^rations
Maturing F and
Savings Bonds
On December 11, 1953, the Treasury Invited
holders of those Series T and G savings bonds whloh
begin to mature In January 195'+ to exchange them at
certified, whloh can be done at any bank or post
office.
maturity for other series of savings bonds. The
statement added that at this time the Treasury was
Interest due on the maturity date will be paid with
not offering to holders of these maturing bonds any
In order to
either Series F or G after maturity.
avoid loss of Interest on their Investment, holders
Treasury Issue other than savings bonds.
It was pointed out that Individual owners of
the maturing Series F and G bonds may make rein-
vestment In Series E and H bonds up to the $20, 000
annual limits on each of these series. Not only
Individuals, but any other holders of these maturing
bonds may reinvest In Series J and K bonds, which
have a combined annual limitation of $200,000 Issue
price.
These transactions will be handled at Federal
Reserve Banks and branches and at the Office of the
Treasurer of the United States In Washington.
Holders of the maturing bonds may submit them, for
either exchange or cash payment, direct or through
their banks after having the request for payment
Hote:
Details of Vreaewrj market flnnnr.lng operations are
shown oleevherB In this isaus of the "Treasury
Bulletin",
in the tables on 'Offerlnea" aai. "Dle-
In the case of Series
the principal.
bonds,
the
final
No Interest will accrue on bonds of
should submit the bonds from twenty to thirty days
In advance of their maturity dates, whether for
cash redemption or for new bonds.
Treasury 91-Day Bills Refunded
Maturities of gi-day Treasury bills totaled
$7.5 billion In December. They were refunded In
full by weekly offerings In amounts equivalent to
The average rates of
the $1.5 billion maturing.
discount on the new offerings were I.5S9 percent
for December 3; I.603 percent for December 10;
1.6S2 percent for December I7; l.yolt- percent for
December
2k-;
and
1.57'*-
percent for December
3I.
pogltlon", respectively, of narketahle iseuee of boods,
notes, and certificates of indebtedness, and in the table
"Offerings of Treaaury Bills".
January 1954
SUMMAEY OF FEDERAL FISCAL OPERATIONS
(In mllliooa of dollars)
Net of
Budget receipta and ezpendltiiree trust
account
Surplxia,
and other
ExpendNet
or
transacitures
recelpta
deficit
tions
2/
1/
(-) 2/
Clearing
account
y
Net
Net
increase Increase
in general
In
pxiblic
fund baldebt, or ance, or
decrease decrease
(-)
Levels, end of period
Debt outstanding
General
fund
balance
Public
debt
Guaranteed
securities
(-)
Total
Federal
securities
Subject to
limitation
2/
Fiscal years
191(3
12,696
22,202
igiia
187
79,622
95,315
98,703
60,703
31*,
I9W*
1*3,892
19't5
1*1*,
1946
1*0,027
W"*?
1*0,01*3
19lt8
1*2,
2U
39,289
33,791
191*9
38,21*6
37,01*5
1*0,057
1*0,167
1*8,11*3
762
23,1*61
-53, 91*1
-1,613
-338
-2,222
791
-20,676
-521*
10,71*0
-10,1*60
2,991
9,507
20,169
2U,698
1U,238
751*
-1,103
-29U
-11,136
-10,930
3,308
-5,991*
1*78
1,621*
-1,1*62
1*,932
3,1*70
5,517
7,357
-21,1*90
-57,1*20
-51,1*23
358
6,515
10,662
61*, 271*
307
57,679
61*,
l*,529
-1*95
555
-507
366
99
679
1*83
l*,587
2,01*7
l*l*,633
-1,811
-3,122
3,510
-211*
-2,135
62,129
65,218
66,11*5
-1*,017
11*7
-1*01
71*, 607
-9,389
1*37
-312
3,883
6,966
1,839
-388
-2,299
1*,670
19'>2
16,290
57,751
-1*1,1*61
191*3
3'*,1*83
90,171*
97,181
87,522
50,232
57,707
61*, 753
10,51*3
12,291*
1*3,531
1*3,928
-1,788
-266
-1,161
6,983
1,751
igi*!*
-55,691
-53,650
9,91*2
1*7,1*8U
38,810
1*1,322
-2,512
3,767
-22,502
22,236
26,003
3,502
191*7
191*8
1*1,010
2,1*31*
1*1,1*50
38,576
36,209
191*9
38,122
1*1,711*
-3,592
1950
1951
37,831*
53,1*88
38,255
-1*22
65,523
71,366
73,626
3,808
3,211
61*0
l*,257
1,01*7
8,112
l*,058
l*,05l*
-1,381
-1,370
1,119
11
83
37
-lU
-103
30
-55
82
196
-86
20
7
103
-25
-2l*5
357
587
-2,278
329
-91
-326
209
1,613
-800
1*32
3,968
-195
-229
113
-973
-501*
201*
1950
1951
1952
1953
8,1*19
6,969
72,1*22
l*,568
76,991
7l*,15l*
136,696
201,003
258,682
1*,100
11*0,796
11*0,1*69
1,623
269,1*22
1*76
202,626
259,115
269,898
208,077
268,671
268,932
258,286
252,292
252,770
257,357
255,222
90
73
27
20
29
258,376
252,366
252,798
257,377
255,251
257,1*91
251,51*2
259,105
266,071
1*6
259,151
266,123
258,507
265,522
108,170
165,877
230,630
278,115
l*,30l
112,1*71
1*,230
1,511*
232,11*1*
278,682
110,833
171,202
239,099
288,559
259,1*87
258,551*
256,981
256,127
252,057
1*33
52
252,028
256,652
251*, 567
Calendar years;
191*5
191*6
1952.
1953.
61*, 1*69
1951 -January.
February
March.. ..
I*,l448
56,81*6
-1*3,591*
-123
-1,386
-18,966
-350
-229
-502
-21*0
-1*05
3,097
199
-2,21*9
-l*,100
1,111
231*
11,331
1*71
87
-106
-1*23
-1*1*7
-3,358
311
815
2,711
62
1*,208
1*,679
1*,232
1*,295
-5,81*2
-1*1
7,973
7,777
6,061*
101
-319
-209
1,770
-9,157
-1,1*88
1*,577
-83
21*7
-583
256,125
-181*
5,382
8,569
255,91*1
-31.
-161
111
221
929
3,187
l*,l*5l*
227
-69
136
106
1,571*
6,955
5,782
7,357
251*, 727
1*3
-270
366
129
-1,6U
-30I*
281.
1*35
5,620
5,095
6,916
255,657
28
988
709
-1,737
-525
1,822
256,61*1*
257,353
91*5
-2,01*2
l*,87l*
1,306
-186
-250
-329
l*,62U
-1*15
5,21*1
-91*1*
April.
May...
June.
2,626
I*,
3,11*6
It,
7,089
007
517
5,969
July
August. .
September
2,571
l*,739
-2,168
3,591*
5,087
5,163
-1,1*93
1,01*6
October...
2,635
3,521
5,279
5,1*83
-2,81*7
5,178
5,627
-1,658
li,953
5,1*55
-501
5,553
9,886
5,105
5,70U
1*1*8
i*,ia2
-37U
186
106
1*,323
3,809
9,796
6,Ol6
5,659
6,930
-1,693
-1,850
2,865
-291
357
-192
3,316
6,71*2
-3,1*26
lt,050
5,018
6,070
-968
515
-17
77
6,383
5,161
-3,283
-1,009
-1,121
-252
316
201
-21*3
2,238
2,513
-265
-11*5
-1*1
-676
-111
272
-197
1*01
11
182
-3,099
.
noTGBiber..
Daconber..
1952 -January...
Febrxiary..
March
April.
May...
June..
July
August ....
September
6,209
6,585
October...
Horanber.
3,099
Oeceanber..
6,003
7,121*
1953-Januax7...
February..
March
5,061
5,737
5,595
6,187
April.
May...
June..
l*,151
5,1*79
10,502
567
339
81
55
30
362
-31*7
-U6
1*,315
1*22
-2
-135
-1,173
1,196
1,765
259,11*9
256,900
252,800
257,130
256,708
170,138
252,851*
21*
257,160
256,731
259,1*19
1*2
259,1*61
258,791*
267,391
275,168
51*
267,1*1*5
76
275,21*1*
266,821
271*, 671
18
18
21
256,11*3
255,1*1*3
255,958
255,018
255,262
251*, 325
21
29
251*, 71*8
25l*,057
255,122
255,251
251*. 1*35
32
33
255,685
256,677
257,386
255,007
256,001
256,713
258,298
37
258,336
259,601*
259,1*19
1*3
259,61*7
259,1*61
257,665
258,979
3,87?
5,075
6,8U0
259,775
260,362
38
37
Ul
259,813
260,399
258,121*
259,71*5
257,1*73
5,393
1*1*
258,337
259,951
259,151
257,689
259,305
258,507
U,295
251*, 997
255,093
255,222
258,081i
29
1*2
258,292
259,905
259,105
'
7,925
6,952
7,156
263,073
263,186
262,682
263,107
263,225
262,722
262,1*72
1*0
6,175
7,636
261*, 919
1*5
261., 96U
1,1*61
267,1*32
51
267,1*83
-1,572
6,061*
267,391
51*
267,1*1*5
261*, 336
266,857
266,821
-376
5,689
335
267,1*02
267,581*
1*8
6,021*
881*
6,908
261*, 1*85
50
51
267,1*50
267,631*
261.,536
266,837
267,023
263,929
3,582
3,639
261*,
52
52
52
261*, 61*2
261*, 037
1*,670
590
266,520
266,071
266,572
266,123
265,969
265,522
1*,071
272,11*8
272,875
271*, 707
271*, 671
957
-981
1*5
1*6
31*
39
289
105
1,930
7,988
98
-373
-1*1*9
-3,326
57
1,032
3,308
6,068
-2,759
-231*
1*66
l*,568
6,01*2
-1,1*73
-1*30
6,119
-79
117
6,598
536
-269
-1,067
-196
8,71*1
7,671*
7,1*78
272,669
273,206
272,937
63
63
6,01*1
61*
272,732
273,269
273,001
2,659
-2,818
-728
235
1*1*9
275,282
5,183
-1,201*
-1,31*6
l*,577
273,386
275,209
275,168
71*
6,387
1,822
-uo
5,126
5,923
273,1*52
-376
29
-2,352
797
66
1*,695
5,1*77
5,1*23
300
35
-218
79
-131
76
275,21*1*
July
August...
September.
October. ,.
Hovember .
December.
Source: Dally Treasui^ StateBMnt. More detailed Infoimatlon with respect
to the figures on this page Is given In succeeding tables.
1/ Grose receipts less appropriations to the Federal Old-Age and SurrlTors
Insurance "Trust Fund and refunds of receipts.
2/ Transactions of tie Foreign Econcmlc Cooperation Trust Fund, established
under Section 111* (f) of the Econcmlc Cooperation Act of 191*8 (62 Stat. 150),
are consolidated with budget expenditures. Beginning with the fiscal year
1951, Inveslanenta of wholly owned Government corporations in public debt
securities are excluded frcm budget eipendlturea, and Included with othex
such lnvestnients under "Trust Accoimt and Other Transactions"
£^ess of receipts, or expenditures (-).
For outstanding checks and interest coupons, and telegraphic reports from
2/
259,158
5,1*21
-1*28
9,71*1*
258,791*
6,969
1*16
6,21*1
2511,567
28
-207
6,362
256,026
1,51*8
-1,1*1*7
-3,513
-1,862
1,756
2,81*9
lt,380
256,1*13
262,592
262,091
272,688
272,1*22
Federal Reserve Ban}{B; excess of recelpta, or expoidltures [')•
For current month detail, see sectloo on "Statutory Debt Lljnltation" in each Issue of the Bulletin. The limitations in effect
during the period covered by this table and the date when each
beoame effective are as follows: March 28, .19'+2, $125 billion;
AprU 11, 19^*3, $210 billlan; June 9, 19^4, $26o billion;
April 3, 19^5, $300 blUlcn; and June 26, 191+6, $275 billion.
Guaranteed secxirlties are Included under the llnLltatlan beginning April 3; 19'*-5* Savings bonds are Included at curresit
redemption value beginning June 26, 19k6; prior to that time
they were included at maturity v«ilue. In the debt outstanding,
savings bCDde are oaxriad at ouoroit redMBptloa value.
Treasury Bulletin
.BUIGET RECEIPTS AND I-OFENDITUEES
Table 1.- Receipts by Principal Sources
(In ni<in/wiB of dollare)
Internal reronue l/
Incone and proflta taxes
Fiscal year
or aontb
Corporation
2/
IndlTldual
not vlth-
h6ldg/2/
I9W.
21,''93
191*7.
19l^8.
19,292
19,735
19, a*!
18,189
191*9.
1950.
71oyera
1953 -January.
February
March
.
2,381
7,725
8,049
8,301
29,1182
2,1177
10,073
28,263
13,535
18,521
21,172r
37,753
8,551
April.
May...
June.
1,«37
l»90
6,086
July..
August
September
October.
Rorenber
to date...
Grose
receipts
J^proprlatlons to
FOASI
Trust Fund
8/
Refunds Hat
of
receipts
receipts
2/
2,973
3,006
2,272
2,838
2,160
liO,027
2,107
2,302
3,151
118,1113
'•35
3, 1192
lili,238
1,238
39,379
I19I1
1,1159
ll22
'',635
3,82li
lili,508
116,099
8,3118
111,853
110,307
38I1
2,o8e
li2,77li
2,883
8,303
39, Wig
423
1,'»39
'•1,311
1,616
1,690
2,106
9,ii23
1,639
551
613
53,369
67,999
3,120
3,569
11,988
9,726
10,870
l,8lli
5^,073
51,106
65,635
69,931
62l|
51,3'»7
3,931
ii,5&
1,912
72,li55
li,086
3,983
1I17
8I12
51^
li86
336
5, 1^79
I190
856
993
5,232
6,300
10,229
209
107
102
117
757
4,972
6,150
11,712
51
'',538
U,870
425
9I14
10,502
1,170
3,399
2,138
2,7711
2I17
U,0li4
232
516
963
625
3,900
4, 920
511
3,373
8,705
1,252
22li
35^1
3,5Wt
2,102
1,'>79
other
recelpte
1/
Total
interoal
reTenue
110,310
3,111
.
6/
HlBcelleoeouB
lutanial
rerenue
1,701
11,1136
9,81i2
32,826
32,901r
Total
2/
EBqiloynent
taxes
30,885
29,306
31,171
9,392
10,013
all, 218
1951.
1952.
1953.
1951*
Withheld
hy
2,oeit
I17I1
880
922
939
56
37,045
62,129
65,218
5,061
U7
90
169
154
10,323
ll20
159
2,849
4,380
9,744
3,332
52
235
11,966
117
lliO
3,619
5,153
6,199
50
152
6,li02
105
65
63
3,308
4,568
6,041
75
60
2,659
4,695
368
21,271
10,
5,1'«>
1.711
79
3,1*99
2,171
3,385
,636
1,639
1,838
li,861i
385
336
159
89
1,138
1,522
177
3, 1152
I195
1,019
968
2,718
3,1116
11,915
51
47
125
182
2,89U
5,11^
206
519
299
160
388
3,331*
2,1189
ll,lli2
15, 3911
1,876
li,86o
22,130
2117
8311
23,211
1,572
937
955
981
ll2,211
38,2li6
51
51
651
326
626
Ii0,01i3
aw
Source: Dally Treasury Statenent.
Footnotee follow Table 2
Table 2.- Expenditures by Major ClasBlf IcationB
(In milllona of dollars)
Fiscal year
or month
1946
19l^7
1948
19'»9
1950
1951
1952
1953
1953 -January
. .
February
March
.
April
May
June
July
August.
September
National defense and
related activities
Total 10/
60,703
39,289
33,791 ii/
l«3,057 12/
40,167
48,870
16,812
11,500
12,158
12,346
727
4,928
44,633
66,145
74,607
19,955
39,033
44,584
5,737
5,595
6,187
2,133
5,332
6,467
9,666
10,865
5,613
5,859
6,508
5,333
4,952
1^,335
9,263
11,384
13,393
235
311
563
35^
349
364
1,123
965
781
372
179
1,882
351
350
349
1,281
l,4l8
l,l4l
237
206
560
369
1,014
1,529
1,055
823
1,024
5,444
'•,958
6,016 ii/
4,689
5,339
5,750
4,469
4,917
5,788
3,632
3,501
3,789
393
6,362
6,241
7,988
3,891
3,746
4,056
468
6,068
6,042
5,1^23
to date..
29,128
18,383
6,n9
'•,ll^3
lit/
468
690
51^7
560
558
Veterans' Administration 12/
4,253
7,259
6,469
6,878
6,517
4,722
5,2U
October. ..
November..
195'^
Interest on the
puhllc debt Uj
n/
3,890
3,51?
3,787
3,647
3,540
. .
International
finance and aid
313
35I1
345
164
351
327
340
349
2,043
1,521
1,735
1^37
390
Source: Dally Treasury Stateioent.
basis of estimates beginning 1951. For further explanation, see footoote 8.
1/ For fujrther detail, see tables under "Internal Revenue Collections".
Partly estimated beginning January 1951 (see footnote 8). Monthly figures
Breakdovn
between
corporation
income
and
profits
taaes
2/
and individual
will not add to this total (see footnotes 3 and 4),
inccme tax not withheld Is not available prior to July 1953.
6/ Consists of receipts for old-age Insurance unemployment insurance, and
railroad retirement. Beginning January 1951. receipts for old-age insurance
i/ Monthly figures Include old-age insurance tax on self-enqjloyment
inccme, because this tax Is not separable currently from income tax
are estimated as explained in footnote 3. Railroad unemployment ineurance
not withheld. Fiscal year figures excl\«le old-age Insurance tax, on
contributions for administrative expenses are included in "Other receipts"
the baals of estimates beginning 1952
For further explanation, see
jj Includes proceeds from eale of surplus property and from Government-owned
footnote 8.
securities; deposits resulting from renegotiation of war contracts (see
4/ Under Current Tax Payment Act of 1943, as amnded (26 U.S.C. 1621-1632).
"TTeeeury Bulletin", for February 1948, psge 5); and repayments on credit
Monthly figures include old-age Insurance taxes on employers and emto United Kingdom (see Table 4),
ployees , because these taxes are not separable currently from Inconw tax
Footnotes 8 and 9 on page 3 and 10 through 32 on page 4
withheld. Fiscal year figures exclude oJxL-age insurance taxee, on the
^
.
January
1954-BUIXJET RECEIPTS AND EXPENDITURES
Table 3.- Expenditures for National Defense and Related Activities
(In mllXlons of dollars)
Office of
Secretary of
Defenae
15/
Flacal year
or month
Air Force
16/
Anny
11/
48,870
16,812
11,500
12,158
12,346
161
1951.
1952.
1953.
19,955
39,033 14/
44,584
402
410
6,9U
5
343
Strategic
Payments
under Armed
Forces
Leave Act
Surplxis
HT\A
property
disposal
critical
materials
other
20/
12/
27,800
1946.
1947.
1948.
1949.
1950.
Nayy
18/
1,690
3,506
6,238
12,350 14/
14,882
6,046
5,417
4,058
6,867
15,370 14/
16,497
15,161
4,998
4,171
4,412
4,110
5,757
9,961
11,776
664
,501
270
10
268
25
1
3
1
106
442
325
98
7
299
439
5,139
963
321
202
65
656
847
912
92
101
107
11
11
99
1953 -January...
February .
March
3,632
3,501
3,789
31
53
32
1,285
1,088
1,284
1,2U
1,315
1,293
1,020
964
1,078
76
71
93
April.
May...
June.
3,891
3,746
4,056
32
36
39
1,285
1,214
1,395
1,399
1,420
1,488
1,114
1,003
1,058
52
July
Auguat. ...
Septamber.
3,890
3,519
3,787
36
35
32
1,447
1,210
i,3oe
1,432
1,293
1,383
899
925
1,019
66
47
43
9
October..
November.
3,647
3,540
44
49
1,271
1,254
1,374
1,357
897
830
52
41
10
10
196
6,483
4,569
249
48
1954 to date.
18,383
Source: Dally Treasury Statement.
Footnotes at end of Table 5.
Table 4.- Expenditures for International Finance and Aid
(In Eiilliona of dollars)
9
9
66
65
10
10
Treasury Bulletin
.BUDGET RECEIPTS AND EXPENDITURES.
Table 5.- "Other" Expenditures
(In mlUlone of dollars)
28/
191*5
19^*7
igltS
2,133
5,33s
19^9
1950
9,666
10,865
6,1167
9,263
1951
1952
1953
11,381*
13,393
1953 -January..
1,123
Febrxiary.
March ....
965
781
April ....
May
June
1,281
1,1*18
1,11*1
July
August
September
.
195^1
Coiamerce
Agriculture
Fiscal year
or month
.
-203
1,226
782
2,658
2,986
Housing
and home
finance
22/
Postal
deficit
159
2,027
2,203
2,253
1,61*8
1,802
3,086
3,185
193
200
62
158
151
157
239
223
207
251
215
167
265
153
221*
11*5
-16
-15
-16
180
11*0
231
I7I*
-18
229
155
158
3
2II*
300
305
1*
155
117
157
155
-6
221*
208
220
-7
213
95
261i
-21.
1,035
732
1,315
172
239
385
-56
-270
521*
593
359
690
1,126
1,519
1,575
1,1*58
1,515
1,655
378
528
1*60
611*
71*0
1*77
382
660
357
285
281
21*
-80
19
160
U6
-3
-30
293
581
382
39
125
38
39
-35
66
-10
37
63
-78
95
1*0
1,011*
251*
1,529
1,055
377
275
1*9
31*
72
-1*6
160
863
1,021*
302
31
60
5,UU1»
1,197
252
220
805
to date
22/
§/
25/
26/
21/
.
28/
22/
^
3
iO/
ii/
.
,
J J
,
elseIncluded
and aid shown
In Table 1*.
19/ Not classified separately prior to I9U7.
expenditures of
20/ Through 19l*7 includes "war" and "national defense
Eeoonstructlon
various departments and agencies, including the
Maritime
States
Finance Corporation; expenditures of the United
Service
Connisslon, ths War Shipping Administration, the Selective
52 1*
2,515
908
2,81*1*
225
Act and the preceding
Excludes Bank expenditures under the Mutual Security
Economic Cooperation Act of 191*8, as amended.
repayment became
First
191*5December
6,
under the Financial Agreement of
-"ade of $U4 million principal
due on December 31, 1951, when payments were
were $1*5 million
and $75 mlUlon Interest. Payments on December 31, 1952,
principal and $71* million Interest.
Act of October 10, 1951 (61* Stat. 373)„
,
^
^
,,,^
Cooperation
Economic
the
Prior to July 1951, consists of expenditures under
Act
mutual defense assistance,
Prlir to July 1951, consists of expenditures for
by war,
includes principally relief to countries devastated
emergency funds, and loan
foreign relief programs, International children-s
Headquarters.
Nations
for cmstruction and furnishing of United
thoss included In
Departmant of Agriculture expenditures, excluding
roads and trails Included
developnant
forest
for
those
U
and
and
Tables 3
In Table 5 under "Public worits"
.
,
m v.,
i
included In Tables 3
Department of Cxmeice expenditures, excluding those
Table 5 under PubHc works ,
and 1* and those for public roads Included in
eleven months of 1950, until It was
incliiies U. S. Maritime Conmlsalon for
Department of
abolished and Its functions were trensferred Into ths
Commerce by Reorganisation Plan No. 21 of 1950.
those In Table 3,
excluding
expenditures
Housing and Home Finance Agency
Mortgage Association
beglming September 1950, includes Federal National
transferred
^<=" «^
prefabricated housing loans program, which were
Eeorganliatlon Plans Nos 22 and
Recoiistruction Finance Corporation by
1^°^
^f
.
.
in
2,121*
Z
,
footnote 16).
1,456
1,633
61*7
Deparlansnt Items
21/
—
those
18/ Department of the Navy expenditures, excluding
—
and those for International finance
Table
where
-21*
1*56
Systan, ami the National Advisory Ccnmlttee for Aeronautics (191*7 only).
After 191*7 consists of: Cblted States Maritime Ccamtlsslon, and War Shipping
Administration in liquidation, through 19l*9; Selective Service System;
National Advisory Camnlttee for Aeronautics; and certain small Defense
.
ment of the Army
the foUowlng;
17/ Department of the Army expenditures, excluding
finance and
those included elsewhere In Table 3; international
flood control,
and
works
harbor
aid, shown in Table U; river end
Canal.
Panama
and
works";
"Public
under
Table
in
5
llKluded
InDefense expenditures of the Panama Canal through 19^*7 are
are
expenditures
nondefense
cluded in Table 3 under "Other";
Figures Include certain
included In Table 5 unler "Miscellaneous"
expenditures on behalf of the Department of the Air Force (see
-71
-169
193
155
October .
November
—
589
-28
161
157
Expandlturas" beginning 1952.
services beginning
15/ Includes retired pay for the military
September 191*9.
excluding those made
expenditures
16/ Department of the Air Force
Departon behalf of this department out of appropriations to the
311*
-16
-12
.
1*38
70
50
1,11*2
81*5
2l*2
635
1,219
3,063
Miscellaneous
32/
Atomic
Energy
Commission
1,066
1,619
1,696
1,967
161
129
-68
621*
Social
security
program
-23
-21*6
310
Reconstruction
Finance
Corporation 31/
215
q8
IU9
Source: Dally Treasury Statement.
Footnotes 1 through 7 on page 2 and 8 and 9 on page 3
to
10/ Expenditures are "net", after aUowunoe for reimbursements
approprlatlone, receipts of revolTlng fund appropriations, and
receipts credited to disbursing accounts of corporatlona and
agencies having authority to use collections vlthout formal
covering Into the Treasury. The figures Include transfers to
Government
trust accounts and net transactions of wholly owned
corporations and agencies. They exclude Investments of these
corporations and agencies In public debt securities beginning
of
1950 (when these were combined with similar Investments
trust funds and accounts), and public debt retirements chargeprovisions of
able to the sinking fund, etc.. under special
owned
lav. Payments to the Treasury, principally by wholly
stock and
capital
of
retirement
for
corporations,
GovemMnt
disposition of earnings are excluded from both receipts and
expenditures. Further Information on these capital transfers
of the
may be found In the 1952 Annual Report of the Secretary
Treasury pages 512 and 513
reported
Is
debt
public
on
the
11/ Beginning Rovember I9U9, interest
and payable, as
^
as an expenditure when such Interest becomes due
expendithe
distinguished from the previous practice of showing
of the
ture on the basis of Interest paid by the Treasurer
United States.
.
^_ .,
Administration.
12/ Includes public works undertaken by the Veterans'
Foreign Economic Cooperai]7 Includes transactions relatlne to the
tion Trust Fund (see page 1)
the Air Force and the Army
11*/ Het transactions by the Departments of
Trust
relating to "Deposit fund accounta" are Included under
Becelpts and
Account and Other Transactions" Instead of "Budget
—
Public
works
i2/
32/
Reclamation;
cL^lsS^of expenditures for the following: Bureau of
works =^.
Tennessee Valley Authority; river and harbor
under the ?^I«f"°* of
°I„ .„
under the Departj^nt of the Aray; Public roads
forest developaent roads
0«rce, except assistance to Greece and Turkey;public
buildings under
and trails under the Department of Agriculture;
construction only, beginning
General Servlcee Administration, consisting of
Federal Works Agency until the
1950: Bureau of Community Facilities In the
Agency expenditures except
Bureau was abolished; and other Federal Works
those In Table 3 until the Agency was abolished.
included In Table 3
Excludes "war" and "national defense" expenditures,
19^1" See also footnote 29. Beginning October 1953 excludes
Act
of
1950
actlvftleriier the Federal Civil Defense
^^^f^''^
these
as amended,
Title rn of the Defense Production Act of 1950,
of the Treasury
functions having been transferred to the Secretary
Act
"luldatlon
Corporation
pureuant to the Reconstruction Finance
and Executive Order Ho. 101*89,
(Public Law 163), approved July 30, 1953,
"?f^^^
SoS
,
executive depar^ts aM other agencies not
Juiiclal functions.
Incliied elsewhere and for legislative and
Lees than $500,000.
Revised.
^Tudes'^'e^lttiefl^
January 19^4
-TRUST ACCOUNT AND OTHER TRANSACTIONS.
Table 1.- Summary of Trust Account and Other Transactions
(In mllllcos of dollars)
Trust accounts, etc.
Net of
Fiscal year
or month
account
and other
transactions l/
truflt
131*6
-521*
l'?'tT
-1,103
IJltS
-291*
Net receipts, or
expenditures (-)
Expenditures
( other than net
Receipts
Net Inveetanante of
GoTemment agencies in
public debt securities
InTeBlzients
3,238
2,619
2,658
1,890
Net redanptlons, or sales (-),
of securities of ODTemmant
agencies In the market
Guaranteed
7,712
11,1*71*
6,2U1*
6,515 2/
3,625
3,857
,
2/
Not guaranteed
16
-66
-28
-123
1*6
28
3,668
3,362
3,060
2,311
160
8
11*
-W
-371*
387
5,71''
3, eel*
1950
99
-281
6,669
6,950
-1*02
1951
1952
1953
679
7,796
8,807
8,932
3,9't5
1*37
3,852
3.855
2.763
3,557
3,636
3,301
-111
272
-197
286
920
296
57''
-109
61*9
April....
May
June
-207
-1*5
1*1*3
1*16
831
801
1,01*7
758
U88
217
1*53
51
-38
1,338
537
735
-33
July
August.
-231*
61
395
71
-15
191*9
ll*7
1953 -January..
February,
HBjrrh....
-10
98
Septenibar
300
35
October.,
Hot ember.
-216
79
.
'•,952
5,169
-16
-7
-35
130
170
100
31*6
131*
-11
112
-199
695
1*29
629
1,158
1*61*
31
itfie
'•51
-225
202
378
839
60l*
-76
7i
636
21*0
-108
2/
Source: Dally Treasury Statement.
1/ £xcesa of receipts, or expenditures (-).
•
-1
-75
Excludes Foreign Ecananlc Cooperation Trust Fund (see page 1).
Less than $500,000.
Table 2.- Trust Account Receipts
(In mlllicnB of dollars)
Federal Old-Age
and Survivors
Insurance Trust
Fund
Fiscal year
or month
Ballroad
Betireaent
Account
Unemployment
Truflt Fund
National Service
Life Insurance
Fund
103
6ll*
1,501*
13'*
71*0
90
92
87
578
59U
680
809
86
87
79
850
912
961
1350
6,669
2,367
61*5
1951
1952
1953
7,796
8,807
8,932
3,1*11
678
1,51*2
681*
3,932
516
850
1,61*3
71*5
1,591*
786
637
7,712
191*7
191*8
6,21*1*
6,515 1/
1,386
1,623
1,807
312
323
797
19'*9
5,71't
1,921*
625
1953 -January.,
February,
March,, ,,
April,.,,
Hay
June
It,
690
1,076
Other trust
funds and
acco'jnta
2/
1,666
792
1,171*
51*5
597
1*01
U8
ll*
28
Ul
1*92
91
53
1*2
3
3
U*
26
36
37
51
61*9
213
22
1*1*
1*1*0
1*1*3
21*8
ll*
37
3
36
1,01*7
1,338
525
593
92
135
67
332
106
1*29
211*
1*8
1,158
530
310
91.
65
321
1*32
51*
13
October.
Noveabar.
378
839
189
398
ll*
50
90
25I*
Source: Dally Treasury statemont.
1/ Consists of Civil Service and Foreign Service retlreaaant funds,
2/ Includes Adjusted Service Certificate Ftmd, District of Columbia,
Indian tribal funds, Island poaaesaicttis, increment resulting from
37
1*
51*
3lt
3
3"*
193
U7
2U5
38
27
19
36
51
33
5
38
25
3
71
2
37
3
S"*
2
37
39
35
2/
529
1*03
286
920
July
August.
September
.
Government
employees
retirement
funds 1/
2,351
1,280
1,289
1,313
1,173
1,281
191*6
Government
Life
Insurance
Fund
32
51
22
reduction In the weight of the gold dollar, and through June 1950
seigniorage on silver under the Silver Purchase Act of 1931*. Thereafter
any such seigniorage is included under budget receipts.
Excludes Foreign Economic Cooperation Trust Fund (see page 1).
Treasury Bulletin
-TRUST ACCOUMT AND OTHER TRANSACTIONS.
Table 3.- Trust Account Expenditures Other Than Net Investments
(In mllllonfi of dollars; negative figures are eicose of credits)
Federal Old-Ago Railroad
and SurrlTore
Retirement
Insurance
Account
Truflt Fund
Fiscal year
or BkMith
19't6
U,U7lt
358
1*7
l^S
1*9
3,625
3,857
1*66
1950
6,950
3,821.
3,9lt5
1951
1952
1953
U,952
5,169
1953 -January...
February..
296
3l»6
y
559
661
78I1
152
173
222
278
30U
Unemployment
Trust
Fund
Rational
Service Life
Insurance
Fund
280
282
302
526
370
372
367
UlU
96
77
82
82
271
300
39
100
1.3
38
39
9".
W.
no
53
1.0
92
76
itl
363
30
6
7
7
29
8
8
33
32
78
50
51
50
9
31.
75
69
71
U8
50
50
11
i'*
March
758
April
May
June
1*88
217
537
256
257
26U
July
261
262
30U
Uo
August. . .
September
629
k6h
U51
October.
.
6olt
73
1.9
636
268
271
1.0
Noreonber .
1.1
105
1.5
1.1
1,231.
222
268
230
237
2U7
1.0
21.1*
111.
1,010
UO
61.7
1,073
31.8
996
588
Source: Daily Treasury statement.
1/ Consists of Civil Service end Foreign Service retlranent funds.
2/ Includes Adjusted Service Certificate Fund, District of Columbia,
Indian tribal funds, expenditures chargeable against Increment on
gold, and beginning 1950, Mutual Defense Assistance Trust Fund.
2/27
Deposit
fund
accounts
(net) i/
1,57'.
,988
WD
cruBt funds
and accoijnts
323
1,31".
1,01.9
other
267
2,026
869
859
321
391
U65
2,750
Government
employees *
retirement
funds 1/
50
67
70
61
1,11.6
6ll»
,569
,067
Government
Life
Insurance
Fund
32
6
31.
5
35
71
5
35
31.
it/
387
-191.
1.13
-31.6
Wl
-529
Ul
32
56
5/
January 1954
.TKEASUBY CASH INCOME AND OUTOO.
Table 1.- Sumtnary of Cash Transactions
(In mllllans of dollars)
Cash operations other than borrowing
Ftacal year
or niontb
I
Cash
budget
eipendltures
Cash
Cash trust
account
budget
receipts receipts
191(6,
38,902
1(,937
191(7.
39,88l(
191(8.
l(l,8ol(
3,707
3,595
191(9.
38,11(5
3,1(83
Cash trust
account
expenditures
3,270
1(5,1(00
32,1(82
2,91(4
563
1(1,628
1(0,970
37,517
36,977
3,328
6,868
98
-555
507
-366
-207
-U83
-13
21l(
9
-28
1(01
1(7,887
5,552
6,102
6,336
53,1(39
1(1,795
68,093
62,599
71,139
3,807
k,9k7
5,138
221
792
5,239
6,267
5,555
287
5,1(27
3Uh
312
-1(01
2
135
-19
19
51(3
11,01(2
6,059
757
368
918
3,211(
5,29l(
6,2Ul
6,063
1(91
9,696
1(90
10,185
7,0U
51(8
373
July
3,277
5,839
5,821
5,991
-1(66
l(,565
3,615
5,526
6,373
627
August. .
Septeaber
338
96a
375
March...
April.
May...
June.
2,81(6
l(,375
October.
NoTOBber.
195l(
1,026
to date.
5,998
215
1(58
1(09
-289
-Uk
11
11
Ret cash
operating
Incase,
Total
etc
,
1(,316
1951.
195a.
1953.
5,1(75
10,1(99
chec}£s
33,190
li,0l(6
5,018
Cloarlng
account for
outstanding
57,1(22
36,925
1953 -January..
February.
Exchange
Stabilization
Fund 1/
1(3,839
1(3,591
1950.
61,991
65,008
Net cash
Cash operating outgo
Caab operating Incoraa
1(28
1(30
-117
or
outgo (-)
Memorandum:
Ret receipts
fiijiii
exercise of
monetary
authority 2/
-10,460
-10,930 37
1,624
-1,462
2,047
302
60
37
46
25
61,738
36,931
36,496
40,576
43,155
-17,899
6,659
8,903
1,051
-2,185
7,439
-19,389
-7,280
-2,513
4,231
45,804
67,956
76,561
7,635
137
-5,217
-5,795
-525
5,442
5,754
6,970
4,072
-178
-3,188
-376
335
884
6,443
6,662
7,932
-3,229
-1,368
2,253
-97
1,425
-1,222
-3,326
57
1,032
6
6,001
6,720
6,294
-2,386
-1,193
78
6,456
127
4,071
3
-274
"illJ
457
1,659
-2,352
797
5
8,424
1,253
23
-203
513
2,61(9
l(,691
301
705
2,950
5,396
5,388
5,21(9
606
633
-235
376
5,759
6,258
21,179
2,661
23,860
28,287
2,73l(
-11
31,032
-7,172
3/
Increase,
or
decrease (-)
in general
fund
balance
C-)
-2,809
-86e
Based on Dally l^eaaury Statement.
Source:
i/ The D. S. subscription to the capital of the International Monetary
Fund was paid In part frcm the Exchange Stabilization Fund (aeo
"Treasury Bulletin" for Septanber 19^7, page 17).
2/ Canslsts of seigniorage on silver and increment resulting from re-
borrowing,
or
repaymoit
of
borrowing
1,839
-388
-2,299
2,918
-173
43
68
56
5
6
It
5
_L
ductlon In weight of the goli dollar. This Item is part of the
cash budget receipts shown In these tables, but Is excluded from
the bulget figures for "Becelpts frcm the public".
In addition to this decrease In the general fund balance, the
Exchange Stabilization Fund was drawn down by $1,800 million for
subscription to the capital of the International Monetaiy Fund.
Table 2.- Derivation of Cash Budget Receipts
(In olllians of dollars)
Treasury Bulletin
TREASUKY CASH IHCWIE AKD OUTGO,
Table 3.- Derivation of Cash Budget Expenditures
(In mllllans of dollars)
Less:
Fiscal year
or month
On
SOT Inge
bonds and
Treasury
blUe 2/
itures
1/
To Government corporations
not wholly
ovned
1*8
3,281
6,099
1,309
391.9
l«),057
2,5lrt>
559
580
1950
I«),l67
3,190
571.
22
25
2U
29
32
1951
W.,633
66,lU5
2,837
638
31
3,51.6
779
719
391.7
1952
1953
•35
1.67
To trust
funds and
accoimte
567
6U6
71.6
81.1
987
37
1,091.
711,607
3,1.69
182
81.
2
168
128
321
178
977
ko
23
k2
2
Mar..
5,737
5,595
6,187
1953 -Jan..
Feb..
.'Vpr..
6,362
May..
June.
6,21.1
July.
Aug.
Sept.
6,068
6,119
228
221
129
Oct..
5,'»77
5,'t23
171.
or..
7,988
6,01.2
89
13
28
1.8
1.
71
753
109
28
22
«
Itl
27
1
Transfers
to trust
ecco\mts
1,927
1,361
1,178
916
1,383
281
259
236
327
358
1,81.6
-8
-1,221
-1.
-I6I.
-2
-2
972
1,305
1,079
378
1.11
-160
-68
1.20
-21.
^
Armed
forces
leave
bonds
Adjusted
service
bonde
Payments to Treastiry
by Government
agenclee
Investments In
Federal
eecurltle
Notes Issued
to International Bank
and Fund
U8
-95
1,366
-350
-25
-1.1
-1
-1
-1
105
112
33
73
5,555
35
25
35
1
13
92
59
35
53
157
60
38
37
35
18
95
33
36
See Table 1.
For further detail, see "Budget Receipts and Expenditures", Table 2.
Accrued discount on savlncs bonds anri bills less interest paid on
savings bonds and bills redeemed.
Paymonte to wholly owned Government corporations are not deducted be-
36
h/
•
28
57,1.22
33,190
32,Ua2
37,517
36,977
1.1,795
".3
33
18
31
30
6
Equals:
Cash
budget
expenditures
87
100
20
101
58
Source:
1/
2/
Budget aipendltures Involving
Issuance of Federal socuritiea
Payroll
deductions
for
Govemnient
employees *
retirement
^
60,703
39,289
33,791
lQlt6
HoiKaflh budget expend Iturea
Interest paymente
by Treasury
Total
budget
expend-
62,599
71,139
5,1.27
6,059
1
6,21.1
2
6,063
7,011
1.6
29
5,839
5,821
5,991
5.388
5,21.9
cause they are treated as necatlve expendlturee when received by
corporations.
Treated, as .loncesh expenditures et the time of Issuance and as cash expenditures at the time of redaiption; not issuance, or redemption (-).
Loss than $500,000.
Table 4.- Derivation of Cash Trust Account Transactions
January 1954
.TREASURy CASH IRCOME AND OOTQO.
Table 5.- Derivation of Cash Borrowing or Repaymoit of Borrowing
(In mllllooa of dollars)
Treasury Bulletin
10
.
DEBT OUTSTANDING AHD GMERAL FUND
.
Table 1.- Summary of Federal Securities
(In mllllone of dollars)
End of
fiscal
year or
month
Total
1/
Public
debt
Matured debt and debt bearing no Interest
Intereet-bearlne debt
Total outstanding
Guaranteed
securi-
Guaranteed
securi-
Public
debt
ties
2/
265,323
265,489
262,380
^1
49
262,550
264,445
263,946
266,572
266,123
266,520
266,071
July
August. ...
September.
272,732
273,269
273,001
October...
273,1*52
Horeanber.
275,282
262,1.30
1
1
1
1
1
1
62
62
265,370
265,538
261*, 590
529
527
525
271,1'»5
1*8
261*, 1*85
1,302
1,302
2,040
2,075
2,125
267,1*02
267,581.
536
531
2,041
2,076
2,126
26T,lt50
267,631*
264, 61*2
1,258
51
51
51
53
261.,
252
246
298
50
286
284
316
539
265,293
50
51
1
1
1
2,079
2,094
2,105
277,912
265,3'*6
1953 -January..
Februai7.
March. ..
535
533
2,080
2,096
2,106
278,1*51
5^
267,1*45
1,258
1,277
1,258
1,258
551
267,391
a79,76lt
1952-Eecaiib8r.
1
304
279,211*
Del)t peak:
Feb. 19lt6.
1*6
12
238
51
29
536
1,301
2,098
263,91*6
255,222
259,105
266,071
1,063
1,313
2,100
52
255,251
259,151
266,123
2
1
1
419
298
27
44
1951.
1952.
1953.
73
27
20
575
550
525
2,370
2,242
2,125
252,852
256,863
90
1,283
1,274
1,302
2,372
2,244
2,126
252,879
256,907
263,997
1*76
258,286
252,292
252,770
257,357
10
6
5
376
231
280
245
265
467
269,1*22
83
69
24
17
ties 1/
(matured)
935
l,2l8
788
701
613
1,311
3,173
2,229
2,009
2,148
268,111
255,113
250,063
250,762
255,209
269,898
258,376
252,366
252,798
257,377
Other
y
1,724
1,161
1,063
1,270
1,321
3,179
2,234
2,012
2,150
268,578
255,197
250,132
250,785
255,226
19^6.
19^7.
19^8.
19^9.
1950.
April
May...
June..
Monetary
Fund 1/
ties
2/
Guaranteed
securi-
Public debt
512
52
52
52
262,601
272,669
273,206
272,937
63
270,665
271,207
270,806
270,603
270,744
63
2,067
2,062
2,195
2,066
2, 061
2,193
243
252
398
1,302
1,291
1,280
521
518
516
273,386
275,209
66
271,356
273,201
271,291
273,128
65
73
2,097
2,082
2,095
2,081
301
287
1,280
1,280
515
261*, 1*96
263,997
63
6U
7".
Source: Dally Treaaury Statement
subject to statutory limitation.
i/ Incluiea certain obligations not
For amoimts subject to lljnltatlon, flee page 1.
by the Treasury. For currant
securities
held
guaranteed
Ezcli^es
2/
]K>nth detail by Issues, see "Treaaury Surrey of Ownership"
issued to the International
i/ Special notes of the United States
Manetar? Fuoi In paysent of part of the United States subscription.
y
3
2
51't
pursuant to proTlBlonfl of the Bretton Woods AgreoaBOta Act. The
notes bear no interest, are nonnegotlable, and are payable on demand.
Similar notes issued to the Intomatlonal Bank and outstanding
1947-1949 are included unler "Other"
Includes saTlnga stamps, excess profits tax refund bonds, currency
footnote 3).
ItsBifl, and notes Isouod to the International Bank (see
''"M" '
For currant month detail, see "Statutory Debt Limitation" Table 2.
Interest Bearing Public Debt
Table 2.
(In millions of dollars)
Public Issues
End of
fiscal
year or
month
Total
interestbearing
public
debt
Noomarketable
Special
Total
public
Treasury bonds
Certificates
Issues
189,606
168,702
160,346
268,111
255,113
250,063
250,762
255,209
245,779
19^7
1948
1949
1950
1951
1952
1953
252,852
256,863
263,946
216,198
219,124
223,408
137,917
140,407
1946,
227,7't7
219,852
217,986
222,853
155, l"*?
155,310
l''7,335
n. s.
Other
bonds
2/
savings
bonds
Trees uiy
savings
notes
Bank
eligible
Bank restricted
1/
180
166
l64
162
160
56,173
59,045
59,506
1*9,035
53,271*
4,39"*
62,839
67,544
56,260
57,536
4,860
8,472
6,711
5,560
17,039
15,775
13,757
11,536
13,533
34,804
25,296
22,588
29,427
I8,4l8
18,261
8,142
11,375
3,596
20,404
65,864
69,686
60,789
53,159
53,'* 59
49,636
49,636
49,636
49,636
13,6l4
17,219
19,707
9,509
28,423
42,772
48,200
63,980
36,061
27,460
17,245
156
142
124
80,281
78,717
76,073
57,572
57,685
57,886
7,818
6,612
15,85"*
35,806
18,963
30,425
62,ei26
Debt peak:
51,367
'•,1*53
Aimed
forces
leave
bonds
1,793
563
396
297
47
Treaaury
other
Invest'
y
ment
series
959
954
954
427
325
316
369
285
22,332
27,366
30,211
32,776
32,356
14,526
14,046
13,288
319
373
447
31*, 653
471
Feb. 19I.6
277,912
257,016
199,810
17,032
41, 413
19,551
68,207
53, ''27
180
57,206
48,692
8,043
1952-Dec...
265,293
226,143
148,581
21,713
16,712
30,266
58,740
21,016
131*
77,562
57,9'*0
5,770
13,1*50
1953 -Jan. .
Feb...
Mar...
265,323
265,489
262,380
226,226
226,187
223,025
57I1
148,574
16,712
15,958
15,959
30,275
30,282
30,327
58,740
59,359
59,358
21,013
21,012
21,009
124
124
124
77,653
77,742
77,037
58,134
58,268
58,371
5,676
5,642
4,879
13,440
145,988
21,709
21,710
19,211
Apr...
May...
June.
262,550
264,445
263,946
223,077
224,735
223,408
146,133
148,324
lit?, 335
19,312
19,913
19,707
15,959
15,959
15,854
30,375
30,411
30,425
63,114
64,671
63,980
17,249
17,248
17,245
124
124
124
76,944
4,798
4,793
13,3'*0
76,073
58,413
57,920
57,886
July..
Aug...
Sept..
270,603
271,145
153,757
153,691*
270, 7Wt
230,009
230,157
229,785
152,804
20,207
20,208
19,508
21,756
21,655
26,369
30,455
30,492
33,578
63,989
63,992
59,837
17,243
17,240
13,406
107
107
107
76,252
76,463
76,982
57,871
57,851
57,795
Oct...
Hot...
271,291
273,128
230,403
232,115
152,977
15'*, 726
19,509
19,509
26,385
26,386
33,736
33,249
59,836
62,074
13,'«>'»
107
107
77,389
4,706
4,977
5,639
6,258
6,204
1*4!
148,1*45
13,402
76,
4U
l*,'*53
Issues
bonds.
13,1*33
13,387
13,304
13,238
13,231
13,19'*
13,088
12,939
12,927
37,739
40,538
January
11
I9'y4
.
DEBT OOTSTAHDHC AND GENKRAL FUND
,
Table 3.- Special Issues to United States Government Investment Accounts
(In lolllianB of dollars)
End of fiscal
year or month
Treasury Bulletin
12
,
DEBT OOTSTANDHC AKD GENERAL FUND
.
Government
Table 5.- Freasury Holdings of Securities Issued by
1/
Agencies
Other
and
Corporations
(In nllllonfl of dolloro)
COTBBodity
Enl of
fiscal
yefix or
mcnth
Credit
Corporation
igitfi
U,673
1,301
19't7
ll,9'v6
510
19^8
igitg
2,789
6,851
1950
8,1*23
WtO
1,669
3,193
1951
1952
1953
9,097
9,636
12,196
2,555
1,970
3,612
1953 -Jan.
Feb..
Mar..
10,709
10,953
U,079
Apr..
Maj..
June.
July.
Aug..
S«pt.
DefanBe
Production
Act of 1950
2/
2/
trator
Mminle-
Forel^
Adjnlnla-
^
!*/
tratlon
31*7
1»16
1,088
1,227
2,1*01
3l>8
1,151*
2, 608
3''5
2,763
3U3
1,150
1,139
1,51*0
111*
l*U
1,751
1,950
131
171
39
31*
207
178
270
1,176
1,180
1,182
183
18U
183
1,895
1,895
1,895
11*7
21*7
795
778
703
31*
2,328
2,361
171
171
3"*
21*7
31*
21*7
1,185
1,188
1,189
628
678
655
183
183
171
171
171
31*
159
1,950
1,950
1,950
270
270
270
1,190
1,191
1,192
503
1,983
1,983
1,983
11*2
581
619
159
159
159
152
172
29
29
29
588
532
159
159
2,033
2,033
202
202
29
29
2,1*19
2,561*
2,1*95
2,513
1*70
1,191*
2, 51*7
2,51't
1,1*66
1,50"*
1.51
3,917
U,lU8
21*1*
197
159
1,1*29
3.798
3,962
750
550
^
271*
U29
11,959
12,532
12,832
ll20
57
56
655
655
1»2U
1(16
M
9,205
9,966
1*89
2,563
2,572
3,612
3,1(68
Other
1/
1,097
1,150
1,189
1,232
1,373
11,902
12,196
Tennessee
Valley
Authority
1,579
2,082
2,513
1,139
1,159
1,227
369
359
tratlcKi
Secretary of
Agriculture
1,1*56
2,1*72
3,ltlU
Finance
Corporatlon i/
Rural
Electrification
Admlnis-
31*9
96I.
I,0lt0
stjructlon
96I*
362
337
782
91l>
158
395
Recon-
718
1,015
1,281
1,195
1,856
52
65
1*9
31*
31*
226
100
270
270
291*
291*
291*
±
Source: Daily Treasury Statement.
the Treasury to ftnanoe
1/ The securities shorn in this table were Issued to
Ooremmant corporations and other agencies, with the Treasury itself
eroid
raising the necessary funds through public debt operations. To
duplication, these securities are not Included In the guaranteed debt
tablee.
preceding
in
shown
as
outstanding
Interior (Defense
2/ Securities conslBt of nates of the Secretary of the
HlneralB Exploration Administration), Eiport-ljig>ort Bank of Washington,
(to whom the
Administration
Serricea
General
the
of
the Administrator
functions of the Defense Materials Procuramant Agency were transferred
wbom
the actlvltloo
(to
In August 1953), and the Secretary of the Treasury
transferred
of the Reconstruction Finance Corporation under this act were
pursuant to Public Law 163, approTed July 30, 1953, and Executive Order
^
Public
Housing
Operations
Administration
516
971
2,931
12,880
13,079
Housing
and Heme
Finance
360
n,331
Oct..
Hot..
Export
Import
Bank of
Washington
No. 101*89, dated September 26, 1953).
Excli^es securities issued under Defense Productlcai Act.
Aasoclatlon
Oonalsts of slum clearance program; Federal Batlonal Mortgage
5/
6/
7/
8/
and prsfahrlcatad housing loans program, transferred frcm the ReoonstructloE Finance Corporation beginning September 1950; and housing
loans for educational Institutions, beginning July 1951.
This Administration superseded the Mutual Security Agency on
and
August 1, 1953, pursuant to Reorganization Plan No. 7 of 1953
Executive Order 101*76, dated August 1, 1953.
For Farmers' Home Administration program.
and
Consists of notes Issued by Federal Farm Mortgage Corporation
Islands Company
Heme Owners' Loan Corporation prior to 1950, Virgin
Fund)
RerolTlng
19lt8-l*9, and Secretary of the Anny (Natural Fibers
191*9-51' aal advances ui^er agreement with Veterans' Administration
for direct loan program beginning August 1950.
including
Rotas outstanding In the amount of $9,365 million,
Govanmiont
interest, were canceled on June 30. 191*8, pursuant to the
CorporatloDB Appropriation Act, 191*9 (62 Stat. II87).
Table 6.- Status of the General Fund of the Treasury
(In millions of dollsra)
Bullion, coin, end
currency
End of fiscal
year or month
Dopoalts in Federal
Reserve Banks
Available
funds
Gold
other
1U,708
3,730
5,370
3,862
5,927
160
1,023
1,073
1,022
1,052
21*3
950
1951
1952
1953
7,871
1,01*6
7,1*81
1,009
338
333
5,096
9a
176
I9U
161
1952-Dec ember..
6,582
1,007
160
191*6
191*7
I9U8
191*9
1950
1953 -January..
February.
March....
April....
May
June .....
7,351
1,002
989
i,ooe
099
986
6,278
6,561*
It,
l*,086
5,096
9,U5
July
August..
September
7,851.
October,
November
6,292
8,113
999
993
i.ooe
5,1*81
1*87
232
191
219
191
In process
of collection
Deposits in
special
ieposltaries
1/
Liabilities
Balance in
the General
Fund
ll*,238
th sr
dopoalts
and
collections
305
315
283
309
323
1*70
11*3
12,993
962
1,773
1,771
3,268
5,680
5,106
3,071
380
511*
i*8U
538
512
U26
132
250
355
210
176
4,368
1*83
518
6,061*
389
1,006
1,202
1,928
1*38
123
103
1*22
1.38
392
1*10
3,308
932
3,U70
5,517
It,
7,357
6,969
11,670
5,689
811
351
222
350
3,318
603
1*,376
1*,983
1*88
51*0
6,021*
171*
516
1*1*3
6,908
169
172
161
393
180
138
132
21-)
1,859
2,109
3,071
11*6
51*8
158
161
1.96
181
96
183
6,690
5,825
5,255
169
662
2,892
161*
1*51
I5I1
186
179
Source: Dally Treasury statement.
and sales of G<rvemment eocurltlee.
1/ On account of withheld taxes
221
61*2
1*1*8
185
81
l*,5l*5
513
517
1*89
itU7
3,58a
3,639
538
1*26
i*,670
550
37I*
8,71*1
51*5
1*39
611
376
7,671*
7,1*78
586
566
355
369
5,126
5,923
January
13
I9'y4
STATUTORY DEBT LIMITATION
and the face amount of
under authority of that act,
obligations guaranteed as to principal and Interest by
aggregate 5275 billion outstanding at any
Obligations Issued on a discount basis, and
redemption prior to maturity at the option of
are Included In the statutory debt limitation
the United States (except guaranteed obligations held by
redemption values.
The Second Liberty Bond Act. as amended,
(
3I U.3.C.
757 b), provides that the face amount of obligations Issued
the Secretary of the Treasury),
one
time.
subject to
the owner,
at current
shall not exceed In the
Table !•- Status under Limitation, November 30, 1953
(
In railllona of dollars
Maximum amount of aecurltlaa irtilch majr bo outatandlng at any aae time, under llmltatlan Imposed
of Juno 26, 19U6 (31 U.S.C, 757 b)
^
the act
275,000
Amount of securities outstanding subject to aucli statutoi? debt limitation:
U. S.
Gcvemmant
seciirltles Issued under the Second Liberty Bond Act, as amended
27'*^, 633
Cruaranteed securities (excluding those held by the Treasury)
7'*
Total emount of securities outstanding subject to statutory debt limitation
27U,707
Balance issiiable under llmltatlan
Source:
293
Bureau of the Public Debt.
Table 2.- Application of Limitation to Public Debt and Guaranteed Securities
Outstanding November 30, 1953
(In iRlUloDa of dollars
Subject to
statutory debt
llmltatlan
Class of security
Not subject to
statutory debt
Total
outstanding
limitation.
Public debt:
Interest -bearing securities:
Maiicetable:
Treasury bills
Certificates of Indebtedness
l^eaaury notes
Treasury bonds - bank eligible
Treasury bonds - banlc restricted l/,..
Foetal saTlnge and Fanszoa Canal bonds.
19,509
26,386
33,2't9
62,0711
13,'«)2
33,21*9
62,07''
13,1«)2
15't,6l9
Total marketable.
Nonmarketable
U. S. savings bonds (curreffit redai^tlan value).
!I^easury savings notes
Depositary bonds
Treaaury bonds, Investznant series
Total ncKBnarketable
Special Issues to Goveimment agencies and trust funds.
Debt bearing no Interest:
United States savings stamps
E^coess profits tax refund boskLa
,
Special notee of the Iftilted States:
International Monetary Fund Sarlee
United States notes (less gold reserve)
Deposits for retlranait of national bank and redorol Roaervo Bank notes.
Other debt bearing no Interest
Total debt bearing no interest
Total public debt
107
107
107
15U,726
57,806
6,aou
U52
12,927
12,927
77,389
77,389
Ul,013
1*1,013
273,021
Total interest-bearing securities
Matxured securities on vfaich interest has ceased
Guaranteed aoourltles:
19,509
26,386
57,806
6, 201*
107
273,128
283
287
U8
U8
1
1
1,280
191
268
6
1,280
191
268
6_
1,329
U&t
1,79^
27U,633
575
275,209
2/
73
1
In teres t-t oarljig
MBtured
Total guaranteed securltlee
1
7''
•
27't,707
Total public debt and guaranteed aectirities.
Source: Bureau of the Public Debt.
1/ iBsuee which cdnoercial banjcs maj not acquire prior to specified dates
73
2/
575
275,282
(with minor exceptions). See "Debt Outetandlng", Table 2, footnote 1.
Excludes guaranteed securities held by the Treasurr.
Treasury Bulletin
1^
.DEBT OPEtUCTIOIIS.
Public Marketable Securities
Table 1.- Maturity Schedule of Interest-Bearing
Government
States
United
the
by
Issued
1953 i/
and Outstanding November 30,
(In millions of dollars)
Anount of maturities
Dsscrijrtlon of security 2/
aaS.
acath
Callable issuae
claaslfied by
year of:
Fixed
maturity
ISBuee
yiret
call
yjual
maturity
Date
bank restricted
issues
beccme
bank
eligible
1957
Har.
7,502r
Bills
12/1/53-A
2-l/8)t Bote
lO.OltS
17,
Description of security 2/
2/
1953
Sac.
Tear
and
month
Apr.
5W
Oct.
2-3/8* Bond 2-7/8* Bote -
3/15/57-59
3/15/57-A
1-1/2* Bote -
U/1/57-EA
1-1/2* Bote -
10/1/57-BO
Total
195*
Jan..
rsb..
6,0031
Bills.
6,00l»
Bllla
2-lA> Certificate
a/isM-A
8,lllt
1-3 /8> Bote
a-l/ai Certificate (Tax
Anticipation Series)
3/15M-A
lt,675
3/22/^-C
5,902
y
Mar..
510
Bond
Bond 5/
BoDd */
Bond
2-lA* Bond
2-5/8)1 Certificate
-
12/15/51-55
-
6/l5/5e-5>t
-
6/15/52-55
-
12/15/52-5't
-
6/15M-56
6/1/5I.-B
"•,858
Aug'*
2-5/8* Certificate
-
8/15/5* -D
2,788
Sept.
2-5/e* Certificate
-
9/15/5't-K
l»,72U
Deo..
2*
Bond
-
12/15/X-5''
2^
2J
Z-l/Hi
2f
y
5,825
1,501
8,662
681
8,662
'>8,893
Total
»58
11,35't
8,662
1955
Msr.
1-1/2* «ote
2-7/8* Bol^
3/15/55-A
/I5/55-&)
June.
2-1 A* Bond
6/15/52-55
Dec..
2*
Bond
I-3A* »ote
2/15/51-55
I2A5/55-B
5.365
2,611
1,501
510
6,85*
12,219
2,6U
2,0U
1956
Mar..
2-1/2* Bond
3/15/56-58
Apr.
1-1/2* Bote
lt/l/56-EA
Jme.
2-lA* Bond
6/l5/5l'-56
Sept.
Oct..
2-3A* Bond
2-1 A* Boni
9/15/56-59
9/15/56-59
1-1/2* Bote
10/1/56-BO
Total
l,Wt9
1,007
681
982
3,822
550
1,557
6,252
681
J_
,
15
January 1954
.DEBT OPERATIONS.
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securlt les
Issued by the United States Government
and Outstanding November 30, 1953 i/ - (Continued)
(In millions of dollarB)
at\a>itie8
Tear
and
DeBGriptiGO of eeciirltf 2/
Fixed
aaturlt7
iesuee
Callable iBsuea
claeaified by
joar of:
First
call
Final
naturity
i^BOunt of aaturitiea
Date
bank reetricted
ieeuee
beccne
bank
eligible
Tear
and
i/
1961
Juno.
3^
Sept.
2 -3
Fanaaa Canal bomi
A*
Bond
6/1/6I
-
-
Deacriptlon of security 2/
1967
June.
50
caU
Final
maturity
1/
2,116
2-1/2* Bond
2-1/2* Bond
-
6/15/62-67.
6/15/67-72.
1,892
Sept,
2-1/2* Bond
-
9/15/67-72.
2,716
Dec.
2-1/2* Bond
-
12/15/67-72.
3,827
2,289
.
1962
Total
2-1 A* Bond
2-1/2* Bond
6/15/59-62.
6/15/62-67.
Bond
12/15/59-62.
2-l/k'f,
First
Date
bank restricted
issues
beccne
bank
eligible
6/15/62
9/15/61 2,239
Total
June..
Fixed
maturity
iaauss
Callable issuea
classified by
year of:
2,U6
5,278
2,116
3,li66
2,116
Total
8,435
12/15/62
1968
Dec.
6,7Ult
I2/I5/63-68,
2,827
-
6/15/64-69
3,755
-
12/15/64-69
3,832
2-1/2* Bond
-
2-1/2* Bond
2-1/2* Bond
1969
June.
1963
June.
2-3/liJ Bctid
6/15/58-63.
2-1/216 Bond
12/15/63-68.
919
Total
2,827
Total
7,587
2,827
919
1970
1964
JuQe
2-1/2* Bond
-
6/15/6U-69.
3,755
2-1/2* Bond
-
12/15/611-69.
3,832
Total
7,587
Mar.
2-1/2* Bond
-
3/15/65-70
4,720
2/1/54
1971
Mar.
2-1/2* Bond
-
3/15/66-71
2,96a
la/i/sk
1972
June.
2-1/2* Bond
-
6/15/67-72
1,892
6/15/62
Sept,
2-1/2* Bond
-
9/15/67-72
2,716
Dec
2-1/2* Bond
-
12/15/67-72
3,827
1965
Mar.
2-1/2* Bond
-
3/15/65-70.
2-3/lt* Bond
-
12/15/60-65.
Total
1»,720
.
2/1/54
Total
8,435
1,485
4,720
1,485
1978
Juns.
1966
Mar..
12/15/62
3-1 A* Bond
-
6/15/78-83
3-1/4* Bond
-
6/15/78-83
1,606
1983
2-1/2* Bond
-
3/15/66-71.
2,962
June.
12/1/54
Source: Daily Treasury Statement and Bureau of the Public Debt.
1/ fixcludee postal sarings bonds.
2/ It should be noted that callable iseoss appear twice in this column,
once in the year of first call and again in the year of final maturity. Callable issues with reepect to which a definite notice of
call has been made , however, are listed as fixed maturities
For
data of issue of each security, see "Market Quotations"; for tax
status, see "Treasurj Surrey of Ownership".
.
^
4/
^
r
1,606
Bank restricted laeues may not be acquired by co^Bercial banks (with
minor exceptions) prior to specified dates; see "Debt Outstanding",
Table 2, footnote 1.
Rot called for redemption on December 15, 1953. Callable on four
months* notice on June 15, 1954, succeeding interest payment data.
Hot called for redoiption on December 15, 1953. Will mature od
June 15, 1954.
Eerlaed.
Treasury Bulletin
l6
TMwr OFSIATIOHS.
Table 2.- Offerings of Treasury Bills
(Dollar anonnta In lllloos)
Amount
Deeorlptlan of nov Isaue
Maturity
date
1953-*>W. 6...
Aug. 13...
Aug. 20...
Ang. 27. r.
Sapt. 3..>
S«pt.lO...
Sept. 17...
Sapt. at...
Oct. 1...
Oct. 8...
Oct. IJ...
Got. 22...
Oct. 29...
or.
or.
Kiaubar of
dajB to
maturity
Amount of
bids
tendered
Total
SBOUD't
1,270.5
1,278.5
1,169.2
1,213.2
230.0
222.0
331.1
286.7
175.
92.
193.
1,500.9
1,500.8
1,501.U
1,500.7
1,279.6
1,273.9
1,276.1
221.3
226.9
21*0.7
225.1*
l,2l>2.0
l,'t99.9
1,277. "l
258.8
222.5
238.1
178.0
1,500.6
1,500.1
1,501.7
1,501.2
1,318.6
182.0
l,2llll.7
255.1*
1,500.3
1,500.7
1,500.5
1,501.3
1,502.3
1,286.1»
Deo. 3..
Dec. 10..
Deo. 17..
Deo. Zk.,
91
91
91
91
1,500,5
1,500.5
1,500.3
Dec. 31..
91
91
91
91
91
2,366.9
2,5*1.7
2,219.6
2,366.5
2,096.1
h.
11.
Feb. 18.
Teb. 25.
Dae. 3 P
Sac, 10 p.
Dec. 17 p.
Dae. 2>t p.
Dec. 31 p,
Mar. U.
Mar. 11.
Mir. 18.
re1>.
Mar. 25.
Apr. 1.
<^,066.3
91
91
91
90
2,198.3
2,265.1
2,169.0
2,0211.9
91
91
91
91
91
1,999.1
2,216.1*
2,290.3
2,33^.7
261.
192.7
1,501.5
Tat),
1,238.9
1,202.9
1,201.1
1,252.3
21*9.2
l,501.'i
2,368.2
2,023.1
2,555.8
2,150.0
;..,
12...
Bor. 19...
Hot. 27...
wrnhmige
300.11
2,lt9'».7
2,5^5.6
Jan. U..
Jan. 21..
Jan. 2S-
m
tlTe baa is l/
15l*.2
92
7..
On Donoaspeti-
181.8
208.0
1,500.3
1,500.7
2, 1109.5
19^-Jan.
On ooBipetitlTe baalfl
297.8
2,363.1
91
91
91
1953-«oT. 5..
lOT. 12..
lOT. 19..
or. 27..
l,'t99.9
ATsrage price
per hundred
EquiTalant arorage
rate 2/
1,269.9
1,269.2
1,22^.6
1,259 ."l
1,295.7
19,507.7
1,500.3
1,501.2
1,500.3
1,500.6
1,500.1
19,508.3
19,508.0
19,509.1
19,509.3
19,509.0
1,500.3
1,500.7
19,509.3
19,508.7
19,509.0
19,508.6
1,501.1*
238.1*
1,501.5
205.1
15^.8
211*. 7
1,500.5
1,500.5
1,500.3
21*1.9
299.1*
1,1*99.9
206.6
316.9
1,500.9
19,508.U
19,508.6
19,508.8
19,510.1
19.511.5
-
Price par hundred
Equivalent rate 2/
(Percent)
99.1*82
99.1*90
1.996
2.120
2.105
2.007
I.63I*
99.507
99.519
99.520
99.596
1.950
1.903
1.899
1.598
99.503
99.502
99.505
99.575
1.966
1.970
1.958
1.681
1.583
1.397
99.605
99.651
99.598
1.590
99.61*1*
1.1*08
99.681*
99.631*
1.1*1*8
1.1*38
1.372
1.220
99.656 a/
99.697
1.563
1,381
1.250
1.361
1.199
99.652
99.688
1.377
1.306
99.710
99.700
99.655
99.675
I.IH7
1.187
1.365
1.300
99.663
99.621
99.635
99.625
1.333
1.1*32
99.592
99.589
99.570
99.566
99.601
1.611*
99.506
99.505
99.587
1.961
1.953
1.957
99.598
99.595
99.575
99.569
99.602
19,508.2
19,508.0
2.11*0
99.501*
Deo. 3 p.
Dec. 10 p.
Dec. 17 p.
Deo. 2>* p.
Dec. 31 p.
19,1*07.6
1,1*00.0
99.1*68
99.1*87
SepUlO..
99.670
99.6e6
99.638
99.628
1,500.3
99.1*61*
Sept. 3.
BOT. 5.
BOT. 12.
OT, 19.
27.
19,1*06.5
19,1*06.7
19,1*07.5
99.1*59
2.101
2.001
99.637
99.653
99.692
19,1*06.1*
1,500.6
1,501.2
1,500.8
2.01*9
99.1*91*
99.61*7
168.6
198.9
158.1
issues
2.053
2.002
y9.i*8l
2.U6
99.600
112.2
(Percent)
2.136
Oct. 1 ,
Oot. 8
Oct. 15 .
Oot. 22.
Oot. 29.
131.0
Total uDnatured issues
outatandiog
after new
1,500.1*
1,500.5
1,500.2
258.2
On ocMpetitiTe bids accepted
99.1*60
99.1*65
99.1*69
99.1*89
Sept. 17Sept.2k..
issue date
of new
offering
213.9
231.5
275.9
High
EquiYslont rate 2/
Price par hundred
(Percent)
1953-*ag. 6.,
Aug. 13.,
Aug. 20..
Aog. 27..
260.7
231.3
l,2l»0.9
On total bids accepted
ISBoa date
loaturlng on
Anount of bids accepted
1.1*81
1.1*33
1.1*88
1.589
1.603
1.682
I.70I*
1.57*
Sourcei Bur««u* of the Public Debt.
- ,,
^ ^ ,
leas from any one bidder are aocepted In full
\J Tv^ara for |200,000 or
at orerage prioa on ccmpetitlTe bids.
2/ Baoak discomt beais.
99.638
99.615
99.621
99.610
99.607
y
^
y
p
,
1.523
1.1*99
1.51*3
1.555
Kioept $200,000 at 99.681*.
Bwept $300,000 at 99.638.
Prellalnary.
I.23I*
1.1*99
l.W*
1.500
1.626
1.701
1.717
1.578
17
January 1954
DEBT OPERATIONS.
Table 3.- Offerings of Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness
Date
Treasury Bulletin
18
.DEBT OPERATIOHS.
Table 4.- Dleposltlon of Maturea Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness
Disposition offors
by Troasury
Callod or aatarliig ssonrlV 1/
Data of
refund iJie
or rotlre-
iBsue
dato
DworlTtlcn
Amount
out-
Caah
rotlro-
Btnniilng
Boaulto of oxohango offos*
SeoorlptloD of nsv
seourlty offored
Turned
seonrltj
offored
In
changed
for
caali
2/
(I> allllou of teUaro)
7/l/JO
9/W/50
l-l/^ Oo-WflMto
l-l/8>
2-1/2^
CwtUlMW
-
7A/90-»
-
7/1/^9
9/15/50-*
Is^
»A5/J0-JB
9/15/38
9/l9/5»-5«
%AJ/»S
MA/5«-I
l»/l/^
Tatal
X«/1/J»
1-l/S^ Cartlfloata
-
«A5/»
7A/J1-B
7/l«l-0
7/lM-»
8/X/51-I
wAj/»
1-3A# fcto
12/15/55-1
1.19k
7,967
11,689
U,689
19,6J6
19.696
13,57k
"•A/;*
1,6*7
2,7'H
386
6/1/^
1,516
8,607
831
k,570
UjD
13k
99
l>,Bl8
1,687
8,7'H
884
k,8lS
10,072
10,078
9,9ak
5k8
9,391
9.816
I1A5A5
7/1/jo
5,351
2-3/k^ Troaovy load, Inroots&t Sanoo l-1975-eo
y
-
139
1-7/a* Cortlfloato
-
7/1/9B-1
l-7/8> Cortlfloato
-
8/15/52-0
799
»8S
178
l.tlS
1,838
86
5,9»H
5,«53
»,9kl
9,853
9,873
k,988
67
869
11,19k
U,19k
10,861
333
1,118
1,118
1,06s
ifl/M/n
M/
iiA/sx
10
A^
1-7/8)1
CortUloato
-
iMt
a-i/H »«*
2-l/8i(
K^
1-7/8)1 Oortlf loato -
99
l-7/8# Cortlfloato
-
12/1/98^
2-3/8»Kad
-
3/19/97-99
l-7/8» Cortlfloato
-
a/lj/H-A
1,02k
l,«ak
987
97
9,58k
9,9ak
8,868
6J«
9,199
9,199
3,
3,
2AM
j/l5/«5-70
J/15/66-71
6/l9/tl-1»
l«/lj/67-7t
UA5A5
7/1/92-1
8A/»
12/1/w
6>lA9
9/«/»l
-
»A/n
-
10/1/92-1
6AJ/5X
-
l-7/8# Oortifioato
-
jAiAi
OortlWoato
1-7/8^ Cortlfloato -
9/1/98-1
l-7/8# OortlfloaU
»/x/3a-A
l-7/8# Cortlfloato
1-7/tjl
l-7/8)k Cortlfloato -
3/l5/je-9»
X»/l/»t-»
it/i/!>t-f
W/l5/»
U/15/J1
1,999
k,07a
1,999
k,07a
k«7
518
100
287
l'.,7k6
Ik.TM
1,306
9,216
9,aK
k,96»
WO
MO
k/l/52-A
1-7/8* Oortifioato
ak8
1,918
>-3/k^ Iroaion loa*, Iwootwmtx Borloo l-19T9-*> 1/
898
1-7/B^ Ovtlfloato
-
Cortlfloato
-
983
1,81S
983
1,832
kjk
1,979
190
898
2,kl6
8,I>16
2,«08
k07
10,861
10,861
10,9k2
319
2-l/8# loto
2*
l,06j
1,063
873
190
8,73k
Uk
tf
6/1/53-1
8/15/53 -Ck/
12/1/53 -A
Oortifioato
-
Js-lA* Oartlf toato
-
8/15/53 -Ck/
2A5/5k-A
l-7/8# Cortlftoato
-
a/i5/»j-*
s/i/je
8,868
8,868
1-7/8^ Cortlfloato
Ban*
St
-
^6/1/53-B
6/W/53-55
7/1/52
10/7 Ao
U,963
725
k,963
725
k.klD
553
U8
277
5,688
5,688
k,858
829
2,682
2,788
93
2-5/8* Cortlfloato
8/l5/9k-B
2,882
9/l5/5k-«
3/15/57-A
Total
Cortlfloato
8/15/53
8/15/53 -C
8/15/52
9/15/53
2i
BcBl
9/15/51-53
9/15A3
12 A/53
2-1/8^ loto
12/1/53-A
10 A/52
1/
2/
3/
U/l/51-0
-
5,96k
7,610
Total
aovrooi
-
6,89k
Total
a/»/M
1-lA* »oto
t/V5«
8-1/211
la/i/ti
995
9/15/u
t-lMoA
»A/5a
1,381
9,293
1»/1/JX-A
t-l/H *<^
{
9,9kl
6,2k8
9/lj/Jl-W
3A/5a
8A5/38
7,328
6,2k8
*-*
1-l/Mllw*
T/l/3«
7,388
i-iA*«o«»
i-iA# <>*•
i-iA* »*•
iaA»/»
«A/J8
lO/15/51-r
7,»«7
Total
JA/3E
-
759
ii
wA/Ji
1-lAf •*•
8,000
T«tia.
i-iA> <>««
1,197
1,186
»,939
8,008
'l9/»-5k
«/ia
1-1 A» •*•
i-iAi( loto
!-!> lot*
8/1/51-1
8,315
k,538
Total.
2-3A} •-*
l-l/k# loto
198
281
9k2
2,639
9,373
Total..
«/l5/<7-7»
12/lj/67-7»
890
1,039
905
3,997
2,635
5,373
1/1/50
«-l/B#*i—
a-i/k«>i^
5,351
1,197
1,186
k,939
320
83k
6/1A5
1-l/Sjl Oartlfloato
5,601
-
5,601
7,986
10,ok2 6/
k/
Bnroaa of the Fnhllo DoM.
Orl«lJial call and aatnnty dates ore nood.
All ij Inreotooro other thoa Federal BsearTO BAka.
aatnrliig
Iheoo ndBUkotable ba^s, dated AjrU 1, 1951, ond
noteoj
AirU 1, 1980, are .icha»«eel.ae for 1-1/2* aerkotaMe Treaaurrrlea
Inrootaont
i.
the
rooponlng,
Uio
000 Table 3, footnote 2. In
and
iMida »ore offered for cash eubocrlptlane as eell «e exchange,
In
not loos than one tontar of each subeorlptlon bad to bo paid
5/
6/
^
ooah.
p
12/15/98 5/
\2-l/i# lood
2-5/8)t Cortlfloato
7,986
7,72lp
266p
2-5/8* Certificate
2-7/9* loto
10,0l|2
5,923»
US;
1-7/8* lote
2-1/2* Bond
-
6/l/5k-B
-
12/l5/5k-B,
-
12/15^2/
reopMod for the
The 2* oortlfloatea aatorlng Aaguat 15, 1953, mro
DooMber 1, 1952, refiaidlng (see Table 3).
.
.
^^
the
for
roop«nod
wore
Dooeahor
1958,
15,
The 2-1/2* Bonds atorlag
Tehle
(see
3)rofaiding
Docoaher 1, 1993,
Booorro
Tedoral
the
On loToibor 9, 1953, the Treasury purohaaed frm
Treasury lotj. jaturlno
^to. .d r.il«i i500 aUUon of the 2-1/8*
"Trooouiy Bulletin for
SooeidMr 1, 1953. for further dotallo ooe
loTMbor 1953, POgo A-1.
frelllnarr.
January [954
19
.UHTTED ST/ITES SAVIBGS BONDS.
United States savings bonds were first offered In
March 1935 BS\i began to mature In March V)^^. Series A-D
were sold between Maroh I935 and the end of April igl+l,
were first offered In May 19'H.
and Series E, F, and
When Series E began to mature on May 1, 1951. owners of
To redeem
the matured bonds were offered three options:
the bonds In cash In accordance with the original terms;
to retain them with an extended maturity of 10 years at
specified rates of Interest accrual; or to exchange them
bonds.
A number of changes became effective
for Series
The rate of
May 1, 1952. The principal ones were:
Interest accrual on Series E was Increased, especially for
the near term, with corresponding changes In extended
were replaced by two new
Series E; and Series F and
Issues, Series J and K, also at higher Interest rates.
A new new current -Income bond. Series H, similar In Interest
return to Series E, was offered beginning June 1. For
details of these changes see 'Treasury Bulletin" for
May 1952, page A-1. Series F and
began to mature on
May 1, 1953. For the exchange offering made to holders
of these bonds maturing through December 31, I953, see
the May 1953 Issue, page A-1. The Treasury Invited
holders of Series F and
which began to mature In January
1954 to reinvest the proceeds In other series of savings
bonds. In the tables which follow, Series A-F and J sales
are Included at Issue price and total redemptions and
amounts outstanding at current redemption values.
Series G,
and E are Included at face value throughout.
Matured
H,
bonds which have been redeemed are Included In redemptions.
Matured F and
bonds outstanding are Included In the
Interest-bearing debt until all bonds of the annual series
have matured, when they are transferred to matured debt
upon which Interest has ceased.
Table I.- Sales and Redenptions by Seriee, Cumulative through November 30, 1953
(Dollar OKxnt* In Blllicns)
Accrued
dlSOOUDt
Total A-D (Batnrod
)
Xj
Interest-bearing:
Series E and H
Series F, G, J, and E.
3,9^9
Source:
ABDunt outatakdlae
Bedeo^tlodB
MKtnrad dabt
(Serlae A-C)
5,003
ll,920
InterOBtbqarliig debt
Bedaqptlone of lilt«reBtbearli^ series as
percent of aalee plus
accrued discount
83
78,1157
ltl,9U8
29,808
8,5U
36,509
21,297
53. '17
6&
100,227
8,037
108,26lt
50,'>59
57,806
Ii6.6l
1011,176
9,092
113,267
55.378
71,081
,
Total interest-bearing..
Total A-K
1,0511
SalsB plue
acoruod
dlsoount
29,lW
7,375
2/
Dally Treasurr Stateaent; Office of the Treasurer of the U. S.
2/
28.55
57.806
&i
rootnotes at end of Table 4
Table 2.- Sales and Redemptions by Periods, All Series Combined
mlUlcns of dollars)
(In
Accrued
discount
Sales plus
accrued
discount
Redenptlons 3/
Total
Sales
price
Amount outstanding
Accrued
discount
Matured debt
(Series A-D)
Intorestbearlng debt
Fiscal years:
igss-igks.
19lt6
19'>7
19'*8
19^9
1950
1951
1932
1953
52,783
9,612
7,208
6,235
986
53,769
573
10,l81i
691
1*,562
1,207
1,229
7,899
7,039
8,068
6,718
6,292
5,132
5,791
801.
7, I'll
927
5,673
5, lis
3,925
l,0l»5
l,ll»9
8,184
6,717
8,098
6,579
5,5l»5
5,32li
5,113
5,067
lt,8l*5
85
138
221
268
l*,721
31*6
5,'t22
l*,9li5
1*77
6,137
5,109
5,621
5,609
U,61t0
528
U69
5,072
51*8
137
185
237
303
394
517
501
509
18
1*5,586
1*9,035
1*0
51,367
59
73
92
53,2711
212
122
91
56,260
57,536
57,572
57,685
57,886
1*1
1*8,1^
87
122
1*9,776
Calendar years:
1935-19't5.
58,353
1,251
59,60lt
11,380
11,21*1*
19W
7,l427
6I4O
8,067
6,1*27
19't7
6,69lt
7,'t36
5,326
6,21*3
lt,889
19^8
19^9
1950
1951
7,295
5,833
6,07^
3.961
7U2
872
981
I*,81i0
5,101
H,708
l,10lt
8,167
6,815
7,178
5,lltlt
5,651
5,323
5,150
l»,l6l
1,181
1,220
5,11*2
1952
5,381
5,07"*
1*,565
122
86
91
627
500
531
1*35
392
321
382
1*3
85
101
135
124
87
88
I467
1*27
382
1*5
1(72
968
505
51*2
908
U87
59
56
91
58,1*«
57,320
57,886
51*1
525 i/
1*80
"»23
l>56
511*
1.58
171*/
58
56
90
89
8r
57,871
57,851
57,795
83
99
li67
1*89
1*20
69
85
k6-J
1*38
391
1*8
83
57,775
57,806
1953 -January..
February.
March....
Sonrse:
50li
UlU
Wk)
April.
May...
June..
383
July
Aagost....
Septeaber.
lt02
371
368
October...
Boreober.
369
371
370
38lt
Dally Tnasnry Stateaent; Office of the Treasurer of the U. S.
5,81*0
369
1*30
Footnotes at end of Table
11*6
203
229
152
106
1*8
103
100
1*8
98
1*.
96
93
52,053
55,051
56,707
58,019
57,5»r
57.9*0
58,131*
58,268
58,371
Treasury Btilletin
20
.UNITED STATES SAVUKIS BOHES.
Series E through K
Table 3.- Sales and Redemptions by Periods,
(Dollar amounts In milllonB)
Accrued
discount
Redemptions i/
Sales plus
accrued
discount
Accrued
discount
Sales
price
Amount outstanding (Interestbearing debt)
Series E and H coiablned
Fiscal years:
35,371*
19lH-19't5.
6,739
It ,287
It, 026
U,278
3,993
3,272
3,296
U.Ofl
19't6
MT
19l>8
19'»9
1950
1951
1952
1953
6,694
5,9:2
•,391
3,825
3,530
3,521
It, 295
35,792
7,173
ItlS
1*3'*
536
633
753
895
1,035
1,111
1,120
it.asu
615
U93
579
696
818
971
1,080
1,120
U,659
5,032
li,887
It,
307
It
29,097
26
69
103
136
162
195
307
6,668
5,8U3
,288
3,689
3,368
3,326
3,987
3,583
3,532p
It25
3,930
3,7?8
9,517
5,330
3,813
3,575
51
93
116
3, 1*1*8
3,27lt
17U
3,667
3,688
3,622
2lt5
320
251
308
itl
318
300
308
1*3
15!*/
55p
53p
66p
008
Ii,lt07
It,
5,l8l
11,038
lt0,295
9,568
't,959
U,66lt
5,1*23
506p
Calendar years:
19't6
39,680
U,U66
19'>7
't,085
19^8
l»,22li
19l,1.19U5.
U,208
3,668
19119
1950
1951
1952
3,190
3,575
920
5,025
It,
l»,639
3,912
,270
lt,036
It
It,
it,69lt
098
McnUis:
Wt2
361
296
81t
itSl
351*
361
3ltO
78
91
lt29
it31
3ltlt
3I1O
123
lt63
35''
lt27
31*3
83
lt27
358
331
379
3^3 h/
3I.6
109
81
U78
357
339
76
92
lt32
353
313
286p
272p
362
397
351
April.
May...
June.
370
July
August ....
September.
October...
BoTeBnber .
5lt8
1.32
Series F, S, J, and
Fiscal years:
13,1*61
19Ul-19't5
19U6
19^7
2,920
2,209
2,863
1,680
1,871
629
501
19W
19'>9
1950
1951
1952
1953
3lt8
lt76
108
80
UUl
1953 -January..
February.
March....
151*
30
33
96
108
''5
ll',770
uo
5^
67
78
87
93
100
3,002
2,663
3,139
15
6
1.7
61
73
83
90
lt6
1*1*
1.7
276p
326p
lt2p
g ccmblned
1
587
13,1*91
2,905
2,968
2,270
2,935
1,763
1,961
726
610
1.5
1*97
U9I*
3
672
772
835
821
666
76U
823
807
1,021
990
1,517p
6
1,01*2
1,012
1,552
9
12
lU
21
21
35p
Calendar years:
1^,725
2,962
2,609
3,071
1,626
2,U06
770
586
191,1-19U5
19l<6
IS'H
19l>e
19^9
1950
1951
1952
Months:
1953-January. .
Februaiy..
March.....
61.
52
789
81t0
869
7
11
12
686
815
905
1,093
929
803
888
1,071
908
17
22
21
78
58
72
70
70
71*
72
2
2
2
6U
li2
621
186
62
606
178
15
8
it8
183
181
31
29
11*8
li*6p
132
130p
2p
2P
35
36
131*
121*
132p
ll8p
3P
6p
1,701*
2,lt93
863
1*3
7
50
April
Hay
June
31
31
30
7
10
12
111
July
August..
September
33
25
25
16
6
5
October..
27
29
oTeab«r.
_L
Footnotoe at end of Table U.
2
k
791
615
715
39
6U
708
68
1
ijy
(Continued on following page)
ly
Mcmthly redemptlona
aa percent of amount
outstanding
21
January I9i4
.UNITED STATES SAVIUGS BONDS.
Table 3.- Sales and Redemptions by Periods, Series E through K
(Continued)
(In milllaaa of dollars
Accrued
discount
Bedemptlons 2/ i/
Sales plus
accrued
discount
Sales
price
Amount outitanding (interestbearing debt)
Accrued
discount
Fiscal years:
35,792
7,173
6, 6911
6,668
26
5,912
5,8li3
536
633
753
895
1,035
lt,82li
l»,391
lt,659
3,825
3,530
3,521
69
103
136
162
195
307
i,ni
1,120
lt,377
lt,821
288
3,689
3,368
3,326
3,987
3,583
3,526p
35,37''
Itl8
It3lt
19't7
6,739
It, 287
19118
l»,026
19't9
278
3,993
3,272
3,266
3,700
ISil-lgltS.
I9U6
It,
1950
1951
1952
1953
5,032
lt,887
lt,307
11,295
U,008
It, 032
It,
29,097
30,358
30,791
31,625
33,127
'
3li,lt9lt
31*, 506
It25
3lt,875
506p
35,661t
51
93
116
Calgndar years
39,680
615
It0,295
I9W
It,li66
lt93
11,959
5,'t23
IS^l
WltS
lt,085
lt,661i
l|,22lt
3,930
3,728
19lt9
It,
579
696
818
971
1,080
1,120
19l»l -191*5.
208
3,668
3,190
3,393
1950
1951
1952
lt,920
5,025
1,639
It, 270
11,513
9,568
3,ltlt8
3,27lt
17lt
30,727
30,263
30,997
32,188
33,766
3,912
It, 036
It, 098
3,667
3,688
3,622
2I15
3lt,lt93
3lt8
I176
311,727
35,lli3
9,517
5,330
3,813
3,575
15lt
Hon the:
397
329
359
108
80
505
35,287
35,liOO
ltli3
320
250
306
115
8I1
361
295
352
Itl
February.
March. .
It6
35,1191
April....
May
June
320
309
309
78
91
397
360
3lt3
W
35,528
35,585
123
It32
353
317
299
307
lt3
itOO
It7
35,661t
July
August.
September
327
309
301
109
81
It36
357
329
378
31*2 it/
15!!/
35,7112
390
385
27ltp
83
55p
53p
35,803
35,810
October.
313
Roreonber.
299
76
92
389
391
351
312
285P
270p
1953 -January.
.
.
lto8
325P
66p
35,81t8
It2p
35,927
Series H 5/
Fiscal years:
1952
1953
30
360
30
360
30
385
182
182
181
"13
113
3I1
311
March ....
37
37
April....
May
June
32
31
Calendar year:
1952
Hoaths:
1
1
1
1
224
257
294
32I1
1
35li
31
1
1
1
1
31
31
1
385
July
August..
September
I13
I13
1
1
U26
37
37
li62
It2
2
2
2
li2
2
502
October.
Hovember.
lt3
113
2
5lt3
111
111
2
2
2
582
1953 -January..
February.
Footnotes at end of Table k.
32
Treasury Bulletin
22
.UNITED STATES SAVINGS BONDS.
Table 4.- Redemptione of Matured and Unmatured Savings Bonds
(In mllllans of dollars)
Matured
^oda
Unaatured bonde
Period 6/
Total
matured
Serlee
A-D
For
caah
In exchange
for Series G
or K
Series
F and Q
Total
unmatured J/
Sales
price 2/
Accrued
discount
Fiscal jeara:
1951
1932
1953
Calendar yeara:
1950
1951
1952
6,137
5,109
5,621
817
792
1,761
779
90
31
5,81*
5,651
5,07U
987
772
987
1,015
1.7
522
38
702
37
69*
1,126
1,128
250
968
5,320
602 8/
21(5
962
"•,996
321t
't,317
li,0li6
3,860
3,622
271
238
'',853
"•,879
lt,059
3,806
">,583
't,571
270
308
253
Moatha:
1953-Jaonary,,
Februai7.
March
369
April....
1127
May
June
968
5^2
't35
l>30
IDl
112
107
lOll
101)
121
110
121
1.61
HO
lUlS/
37
118
37
118
113
U3
180
117
180
117
5^1
72
l»8o
200
179
Octobar..
HOTOiber.,
It89
I138
51".
lOlt
106
585
253
July y.
August . . .
September.
,
98
109
109
105
Ska
159
Scarce: Dally ^noBurj Stateoent.
1/ Details by aearlea on a cunolatlTe baala and
periods for Series A-D
ccablnsd vlll be fowd In the February 1952 and prerlous Issues of the
"Ireasniy Bulletin".
2/ Includss exchangee of matured Series E b<s]ds for Series G bonds beginning May 1951 and for Series Z bonds beginning May 1952.
1/ Includes both matured and unmatured bonds; eee Table h,
«/ Bacanae of a change In prooadure In July 1953 for processing rsdsoHd
Barings beads, the ^Knmt of rsden^lons not yet classlflsd at t^ eod
of July as betmen matured and uiaatinrvd vas larger than normal. This
situation vas reTeraed In sobeequent mnjitjia aa theee redenptloos vere
V
^
^
8/
33*
257
323
317
238
18
19
302
21
321
383
289
303
365
269
18
20
18
1*70
l»63
6
80
6k
280
335
257
312
23
23
66
2lH
280
221
265
20
15
3''
ItO
8/
claaslfied. Since the \iaclaaalfled radeiqitlona are Included In these
tahles at issue price, the relatlcai between issue price m^ accrued
discount IB aoaevhat distorted also.
Sales began Jisie 1, 19^.
Cooparable data are not arailable prior to January 19^.
Includes redeB^lans not jet clasaified betveea matured and uiaatured.
Includes exchangee of Series l?**^! F and G sarlxigB bonds for Treasmy
3-lA* hoods of 1978-83.
Less than $^00^000.
Frelialnaz7.
23
January 1954
-TREASUEY SAVBISS ROTES.
Treasury tax and savings notes have been issued as
Tax Series A from August 1, 19'+1. through
follows:
June 22, 19'^3; Tax Series B from August 1, 19'+1, through
September 12, 19'+2; Savings Series C (originally designated
Tax Series C) from September 1^, 13^2, through August 31,
191*8; Savings Series D from September 1, 13^, through
May l"*-, I95I; Savings Series A from May I5, 1951, through
May l**, 1953; Savings Series B from May I5, 1953, through
September 25, 1953; ^.Tii a new Savings Series C from
October 1 through October 23, 1953, when sale of these
notes was suspended.
Details concerning terms and conditions for purohase
and redemption and information on Investment yields of
Savings Series C appear in the October 1953 Issue of the
"Treasury Bulletin", page A-1.
Similar Information with
respect to the offering of the earlier series was published
currently In the "Treasury Bulletin", and appears also in
the "Annual Report of the Secretary of the Treasury" for
appropriate years.
In the following tables sales and rederaptlons of
Treasury savings notes are shown at par value. Matured
notes redeemed (either for cash or for tax payment) are
included in the figures on redemptions. Matured notes
outstanding are reflected in the interest-bearing debt
until all notes of the annual series have matured, when
they are transferred to matured debt upon which interest
has ceased.
Table 1.- Sales and Redemptions by Ser les. Cumulative through November 30, 1953
(In millii
of dollArs)
Treasury Bulletin
2k
.OWSERSHIP OF FEDKRAl SBCURITIBS.
by Classes of Investors and Types of Issues
Table 1.- Distribution of Federal Securities
(In nUiiQojB of
doUan)
IXLtereat-bearing eacurltiee guaranteed by the U. S. OoTeminent j*/
Intareet-tMarlsg eecurltlea Isauad
by the U. 3. Ooremmont
End of
flacal
year
or sKinth
Total
Federal
aecurltiea outBtandlos
Total
outetandlug
Public
isauea
i/
Held by
Federal
Beaerre
Banke public
laeuea
Special
laaues
28
375
1*67
31*
1*21*
200,1*32
2,350
1,321
3,179
133,567
37
27
1*5
1*2
192,936
193,131
83
69
2,231*
130,1*17
21*
13
11
2,012
199,01*8
67,1*19
77,21*9
17
27
16
188,9U
131,629
111,663
27
2,150
2,372
U5,l85
71*, 1*37
1*3
2,21*1*
189,623
1*1*
37,739
18,331
22,982
22,906
21*, 71*6
191,61*0
119,129
72,5U
51
51
2,126
1*0,538
21*, 697
191*,
705
120,709
73,996
53
52
2,100
39,150
255,209
252,852
256,863
37,830
1951
1952
1953
257,377
255,251
259,151
266,123
32,356
1*0,958
31*, 653
263,91*6
1*7,560
6,305
6,596
7,021
1952 -Dec
26t,W5
265,293
1*5,891
6,71*2
1*8
118,81*1*
73 ,'•69
50
1*8
39,351*
192,313
2,080
2,096
2,106
192,333
73,376
39,710
21*, 21*6
2l»,7l*6
U9,129
72,511
51
51
51
51
51
2,076
2,126
1*0,538
193,1*31
191,61*0
118,957
120,587
2,01*1
23,880
1*9
39,1*71*
7,005
6,986
7,076
1*0,591*
2i*,961*
198,01*0
125,35''
1*0,988
25,063
25,235
198,108
72,686
72,896
62
62
03
60
62
62
2,067
2,062
2,195
197,1*71*
125,212
121*, 059
1*0,888
1*1,013
25,31*8
197,979
121*, 118
65
63
7,077
7,156
199,861*
126,01*1
73
73
2,097
2,082
25,095
270,71*1*
1*8,035
271,291
273,128
1*7,961*
266,572
266,123
261*,
272,732
273,269
273,001
270,603
273,1*52
275,282
1*9
1*7,599
1*7,973
262,550
Oct.
Not.
1*7
175
271,ll*J*
26it,61»2
Aug.
Sept,
121,303
121,268
71*, 086
195,1*1*3
6,863
7,057
7,021
Apr.
Haj.
Julj
195,389
23,875
23,806
1*6,337
1*6,767
1*7,560
265,323
JtBW
23,91*1*
6,891*
267,1150
267,631*
2611,536
265,1*89
262,380
W5
263,91*6
1*8,169
19,31*3
1*5
1*5,991
1*6,171
1*6,260
1953 -Jon.
Fot.
Mar.
§/
2/5/
1*09
5,1*71*
1>1>,335
BanlcB
Public
nonmarketable
Iaauea
59,010
59,369
62,7lU
21,792
23,783
21,872
21,366
1950
Federal
Reaerve
Public
marketable
Iaauea
56,11*3
18,812
22,332
27,366
30,211
32,776
19''9
accounte
debt
and
debt
bearing
no
Intereat
56,209
6,122
6,789
5,Wt3
5,550
5,512
19lt8
1/
Inveatsiient
11*1,1*23
29,121
32,809
35,761
38,288
19^7
GoTexiuient
MatiiTed
153,1*21
159,061*
21*, 931*
259,115
269,899
258,376
252,366
252,798
19116
able
laauee
Held by private
inveetora
209,630
215,206
256,357
268,111
255,113
250,063
250,762
19l»5
Total
outstanding
Public
nonmarketable
iaauea
Public
market-
U. S.
Held by
Held by prlTate
Inreatora
Held t(y U. S. GoTemment
Inreetment accounta
2/
6,869
6,906
39,097
39,302
1*0,958
Source: Dally Treasury Statement for total anounta outatandmg; reporta
from agencies and truBt funda for aecurltlea held by U. S. Goverament
Inveetn^nt accounta; and reports from Federal Reeerre System for
aecurltlea held by Federal Reserve Banis.
lljnltatlOD.
1/ Includea certain obllgatlona not aubject to statutory
For amoiaita aubject to limitation. Bee page 1.
2/ Incl\Hies accounts under the control of certain U. S. Government
agencies whoae InTestmenta are handled outside the Treasury; excludes
Federal lani banis after June 26, 191*7, irtien the proprietary Interest
of the United Statea in theae banks ended.
71*,
72,81*1*
73, 1*15
73,860
73,822
The total amount of Intereat-bearing securitlea held by private
Inveetora is calculated by deducting from the total amount outstandand
ing the amount held by U. S. Govemmant investment accounts
Federal Reserve Banks.
Ejcli^es guaranteed aecurltlea held by the Treasury.
All public marketable Isaxjea.
Conaista of Commodity Credit Corporation demand obligations stated
as of the close of the previous month.
Less than $500,000.
2/
for
Table 2.- Net Market Purchases or Sales of Federal Securities
i/
Investment Accounts Handled by the Treasury
sales)
(In mUlions of dollars; negative figures are net
Apr.
191*0..
191*1..
191*2..
191*3..
I9W..
191*5..
-9.5
-2.8
-20.
191*9.
1950.
1951.
1952.
1953.
-1.6
-.7
30,
5.8
.3
-ll*
-90,
.1*
-9
-67
-105
J*8
-72.9
-11.5
-5.9
191*6.
191*7.
191*8.
-5.7
12.
-l*.7
176
-1
106.8
-16.5
-55.6
3.3
-61.3
-12.1
1.5
1.1
.9
.1*
-1*.U
-.3
-.2
-8.1*
-1*.5
-2.7
-28.1
-12.5
.3
-11*5.8
-15.8
-19.0
-31* .1*
-56,1*
-67.8
-18.5
-17.0
-157.8
-609.1
-1*1.2
-71*.
-123.0
-308.1
-:i23.i
-11*.
-30.1*
-69.8
-359.2
1.1
5.1*
ll.l*
7.2
.1
-5l*.7
-88.1*
3.8
l*.6
5.1
3.5
-.1
8.2
-2.0
5.0
-1.7
5.8
.2
l*.7
2.8
8.1*
11.5
10.7
-3.6
1.5
1.1*
3.5
20.1
7.9
16.5
17.0
11.7
-1.1
.1*
-338.6
261
1*82.7
8.1*
-1.9
U.l*
.5
19.9
36.2
2.9
35-9
20.5
-.2
1.:
38.1*
-1.1
60.0
1.0
-35.2
-10.0
5.1
6.3
12,9
Sept.
-2.3
13
of aecurltlea
Conalata of pun:hasee or aalea made by the Treasury
Gover^ent for (1) to«t funds which
laaued or gJIranteed by tie U. S.
Treasury or of the
the
of
Secretary
the
of
by lav are under the control
accounts under the control °f
Tteasurer of the United Statea, and (2)
handled through
are
lnveatments
certain D. S. Government agencies vhoae
noted that tiese
facilities of the Treasury Department. It will be
the
.1*
-.2
•
Aug.
July
June
May
-5.0
-5.9
-57.6
221.0
-.8
1*.8
-12.0
-20.3
696.lt
-.2
-.1
7.0
29.0
8.2
they
transactiona differ from those reflected In Table 1 becauae
investments
exclude those Govemmant investment accounta for which
purehasea
Includes
also
Table
2
Treasury.
the
are not handled by
amended
under Section 19 of the Second Uberty Bond Act, as
Stabilization Fund.
(31 U.S.C. 751* ft), and excludes the Exchange
Leaa than $50,000.
January 1954
25
.OWNERSHIP OF FEDERAL SECURITIES.
Table 3.- Estimated Ownership of Federal Securities
(Par values Xj
-
ixi
blllionfl of dollare)
Ireasury nulletin
26
.
TEEASUBY SURVEY OF OWHEKSHIP, OCTOHEE 31, 1953.
The Treaeury Survey of Ownership covers securities
Issued by the United States Oovernment and by Federal
agencies. The banks and insurance companies included
In the Survey account for approximately 95 percent of
such securities held by all banks and insurance companies
Data were first published for
in the May ig"*! "Treasury Bulletin".
in the United States.
March
Jl,
19^1,
Section
I
-
Information on the distribution of ownership by types
of banks and insurance companies is published each month.
'
Additional information showing the holdings of commercial
banks distributed according to Federal Reserve member
bank classes and nonmember banks is published for Juno JO
and December 3I.
Securities Issued or Guaranteed by the United States Govemaient
Table 1.- Suimnary of All Securities
[
1
1
January 1954
^
ruw
Treasury Bulletin
2g
.TREASUEY SURVEY OF OWNERSHIP, OCTOBER 31, 1953.
Section I - Securities Issued or Guaranteed by the United States Government
Table 3.- Interest-Bearing Public Marketable Securities by Issues - (Continued)
January 1954
.
Section
II
-
TREASUPY SURVEY OF OWNERSHIP, OCTOEEB 31, 1953.
Interest-Bearing Securities Issued by Federal Agencies but
not Guaranteed by the United States Government
(Far Teau«a
-
In iiinn»»— of dollars
Held b7 Inveetore In Treaaury Svarroj
Total
leaue
snDun't
(Tax atatua 8/ is shown In paremtheees
outstanding
7,033
cotmercial
banke 1/ 2/
^lauranca QcatpenloB
526
mutual
savinga
banks 1/
31U
life
603 fire,
caaualty,
U. S.
Goremment
InTeabnent
accouate and
Federal Eoaarvo
Held by
all other
inveetore
i/
Federal latenaedlata credit banka;
Debenturea
(taxable}
75^*
362
(Debentures) ..(taxable)
195U (Debentures)... (taxable)
(Debenturea). ..(taxable)
UO
30
ko
37
1
18
20
6
Ik
Total Central Bank for Cooperatives securities
uo
76
ko
111
23
5k
it9
98
100
'*5
U7
51
350
165
13
90
U8
3
3
It
It
13
51
k
It
itl
7
25
10
1*3
23
321
CentrcLl Bank for Cooperatlvee
2-1/2^ February
2-5/8 June
2-3A June
195lt
Federal hone loan banks:
2.60J
2.75
2.75
2-7/8
Hovember
February
March
April
.
195''
12/
1953 (Notes)
195"! (Botes)
195lt (Botes)
1951* (Botes)
(taxable)
(taxable)
(taxable)
(taxable)
Total Federal heme loan bank securitiea.
Federal land banka:
2 -l/lt)S February
NoTombor
November
1953 -55 (Honda)
I95U
(Bonds)
195li
(Bonds)
(taxable)
(taxable)
(taxable)
71
100
l-S/li
October
May
May
1955-57 (Bonds)
(Bonds)
I956
(Bonds)
1958
(taxable)
(taxable)
(taxable)
215
229
1U6
181
158
71
1
12
875
600
35
2-3A
Total Federal land bank securities
^
U/
5/
6/
X/
8/
161
13/
2-1/2
2-1/2
2-5/8
1/
2/
15
U
deludes trust deparlaanta
Includes trust ccmpanies and, beginning viyi figures for July 19lt9, alao
Includes atock savings banke. Formerly theae banks were shown as a
separate classification, but they are no Icnger ao reported.
Includes thoee banks and Insurance ccmpanies not reporting in the
Treaaury Survey.
Qilted States savings bcods, Series E, F, and J, are shown at current
redemption values. They were reported at maturity value by the banks
and insurance campanlea included in the Treasury Survey but have been
adjusted to current redemption valuaa for use in thla atatawnt.
Holdings by reporting agencies not available.
Excludes guaranteed sectn>itiee held by the Treasury.
Issues which conanercial banks may not acquire prior to speulfied dates
(with minor exceptions); see "Debt Outstanding", Table 2, footnote 1.
Federal sectnrltles fall into three broad claaeee with respect to the
imposition of Federal income taxea on incane derived froa them. "Wholly"
tax-exempt securities are those with the income exempt from both normal
2/
10/
11/
12/
13/
*
It
32
18
itS
_58_
20lt
tax and surtax. "Partially" tax-exeanpt securities are thoee vitil
the IncoDe exempt from the normal tax except that in the case of
partialXy tax-exempt Treaaury bOEids, Interest derived from $5,000
of principal amount owned by any one holder is also exempt from
the surtax.
"Taxable" securities are those with the income
subject to nomal tax and surtax.
Incluies Federal Housing Mmlnlstration debentures; eee footnote 10.
A RTwII Indeterminate amount of these debentures is partially taxexempt.
Includes $llt7.3 million depositary bonds held by cosneroial banks
not included in the Treasury Survey.
The proprietary interest of the United States in these banks ended
in July 1951.
Excludes Issues ccnpletely held by Farm Credit Administration
agencies. The proprietary interest of the United States in these
banks ended in June 19^7.
Leas than $500,000.
Treasury Bulletin
30
.MMSEI QUOTATIONS ON TREASURY SECURITIES,
HOVQfflER 30, 1953.
Current market quotations shown here are over-the-
public marketable securities Issued by the United States
counter closing bid quotations In the New York market
for the last trading day of the month, as reported to
Government except Panama Canal bonds. Outstanding
Iseues which are guaranteed by the United States
the Treasury by the Federal Reserve Beuik of New York,
Government are excluded because they are not regularly
quoted In the market.
The securities listed Include all regularly quoted
Table 1.- Treaeur.y Btlls (Taxable)
Amovnt
|
!
i
31
January 1954
J4AFKET QUOTATIONS ON TREAStJBY
Table 3.- Other Taxable Issues
(Price declxi&lB ar« 32nda)
Amount
outstanding
(mUllonfl)
H07IMBER 30, 1953
(Continued)
32
Treasury Bulletin
JWHCBT QUDTATIONS OH rmfSUBi SBCTOITIES,
o
ro
o
_l
UJ
>-
in
CM
IT)
HOVBffiER 30, 1953.
o
m
O
o
January 1954
33
.AYERJCE YIELDS OF LONC-TEIW BOKDS-
Table 1.- Average Yields of Treasury Bonds and Moody's Aaa Corporate Bonds by Periods
3"^
Treasury Bulletin
.AVKRAJE YIELDS OF LOKG-TEI« BONDS.
o
I
_
:&
C3>
I
"Nl
^^
.§.
^
<3
S
S
s
35
January 1954
.TSTESHAL EEVHJUE COLUECTIONS.
Table 1.- Summary by Principal Sources
(In thousands of dollars)
i/
Treasury Bulletin
36
-IMTERNAL REVENUE COLLECTIONS-
INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES
llllllll
li
m
1939
I
'41
43
'45
'47
"49
•53
rrm
1939
Estate ond Gift Toxes
1939
41
Ot1<c« of the Secratgry of ths Traaaurj
'41
'43
.iiiiiilT^
li
45
'47
'49
'51
'53
ITTJ
Other Internal Revenue
1939
'41
'43
'45
'47
'49
'51
'53
January 1954
37
.UTTERHAL REVUTUE COLUCTIONS.
Table 2.- Detail of Collections by Type of Tax
37
(In thousODdB of dollars)
Fisoal year
First 5 BiontbB of
flaetg y»ar
Type of tai
1953
1952
CoxporatioD Incone and proflta taxes 2/
21,U66,910
1953
Fifth month of
flBcal yaar
1953
(Horenbgr 1958)
195'»
21,59'*,515
5,036,212
3,539,865
352,262
108,607
3,967,879
58,282
13,6^9
195^
(Mormbar
195^)
318,122
SodlTldual inccme tax and oiployinait taxes;
^
Inocma tax not withheld
•..••,.,•
Incase tax withheld and old-age Ijiaurance U/........,,,,.,,.,
Ballroad ret ironent
,
Cbaaployiiiait Insurance
•.•..
11,5115,060
U,603,9'ta
21,313,072
620,622
259,616
21*, 750, 1*91*
2,1*12,083
ll,381*,337
628,969
218,928
271,211*
37,'tJ*2
2,202,523
12,870,603
231,613
36,120
Total Individual Inccme tax and anployaoit taxes. ..••,. .•••.
33,738,370
37,25l*,6l9
H*,052,790
15,31*0,859
1*, 11*8, 1*17
750,591
78'*,590
313,1*13
35l*,191
1*7,557
82,556
106,691*
6,075
l*,958
2,962
201*, 791*
85,357
739,813
11*, 885
1,669
31,705
105,562
Nlsoallaneous Internal revalue t
Estate tax
01ft tax
,
Liquor taxes:
DlBtlUed spirits
(ijnported, excise).....
Dletlllad spirits (dcnestlc, exclee)
Distilled spirits, rectification tax
Wines, cordials, etc. (imported, excise)
Vines, cordlala, etc. (domestic, excise)
Dealers In distilled spirits; rectifiers;
of stills (special taxes)
Stamps for distilled spirits Intended for
Case stamps for distilled spirits bottled
Container stamps
Floor taxes
Fermented malt liquors
Brevere; dealers in malt liquors (special
187,'»79
l,lt0a,220
31,812
3,753
68,621
1,636,057
32,721
3,956
76,579
15,2li9
16,272
28
1,285
12,080
93,808
21*
nanofacturere
export
In bond
5,1U8
27,956
762,983
5.215
2,51*9,088
2,780,925
1,261,819
l,30l*,077
ltJ4,76o
1*6,277
20,1*03
20,512
50
12
l,U7lt,060
1*9
21
17
7
u
1,586,775
3,821
3
651*, 101*
727,60lt
taxes)
Total liquor taxes
Tobacco taxes:
Cigars (large)
Clgai^ (small)
Cigarettee ( large)
Cigarettes ( small
Snuff
Tobacco (chevlng and smoking )••.*. ..•••••
Cigarette papers and tubes
Leaf dealer penalties, etc •••
•...•••.•
Cigarette and cigar floor taxes
1,020
13,31*9
12,010
11
906
5,553
27,W*9
338,668
3,791*
913
717
690,381
1,522
7,535
326
2
17,752
1
19
1
13
1,565,162
l,65l*,9U
720,207
6^,666
Bonds, issues and transfers of capital stock, deeds of
conreyanco, etc
,
,
Flaying cards
Silver bullion sales or transfers
77,556
7,353
86
82,61*0
36,136
3,222
3U,8l8
Total staarp taxes
8lt,995
90,319
39,377
37,776
95,286
m
73,321
890,679
31,595
32,571*
37'*,978
161,328
1U7,1A5
l8o,Ol*7
Total tobacoo taxes ••..
I*, 796
22,817
,..
•,.
17,21*1*
1,590
7,0^
356
Stamp taxes:
,
,
Manufacturers* excise taxes:
Lubricating oils ....•...•...•.•.•...•••.•...•
Oaaollne.
•...•.•.•.•.•.•.•...•••.....•.....,.•
Tires and tubes
.....•.•.•.•...
Autcanobile trucks and busses
Other autcmbDbileB and motorcycles
Parte and accessories for autcmoblles
Electrical energy 5/
..•...•
Electric, gaa, and oil appliances
Electric light bulbs and tubes
Radio sets, phonographs, televlslcm sets, ccmpcneots, etc
Phonograph recorda
Musical InstruDiante
,
Mechanical refrigerators, air-conditioners, quick-fteeze
units, etc
..•.....
Matches
•..••«.••••.,
,
Bus iness and store machines
•.•••••
Photographic apparatus
..,.,,,.....,....•.,...,.
Sporting goods
..••..•.•.•...
FlreanQs, shells, and cartridges
..•...•.
Pistols ai]d revolvers
•
Mechanical pencils, pens, and lighters 6/
Total manufacturers* excise taxes
713,
7,582
97
W
397,521*
70,1*65
75,1*73
21*2,673
578,llt9
210,032
785,716
16U,135
177,921*
72,386
89,5W.
30,736
118, 2W»
6,880
113,390
1*0,901*
9,'tl2
11,01*8
57,970
8,032
87,1*21*
2,91*6
11
78,606
71,852
1*30,037
61,1*23
53,09"*
1*8,515
39,132
13,919
36,681*
13,059
159,383
7,617
1*8,920
2,35"*
l*,271
55,71*8
3,21*1
33,518
3,921
20,620
11,955
6,317
6,325
376
35,065
8,950
50,259
33,766
16,501
10,679
1,172
I*, 880
29,1*01
15,81*5
12,11*8
a, 31*8,91*3
2,862,788
983
11,938
3,711
3,891*
21,160
13,795
6,726
6,575
788
lt,176
l*,l*8l
1,086,833
1,257,705
77,050
t, 397, 601
70,097
11,93''
lt,556,6ag
Treasury Bulletin
38
.INTEFNAL REVENUE COLLECTIONS.
Table 2.- Detail of Collections by Type of Tax
i/
-
(Continued)
(In tboueandB of dollars)
Fifth month of
fiscal year
First 5 Dcnthe of
fiscal years
Fiscal year
Type of tax
195S
Miscellaneous Internal revenue
-
1953
(November 1952)
1951*
1953
1954
(Sovamber 1953)
(Continued) I
Hetallers* excise taxes:
Furs
Jewelry
•
Luggage
Toilet preparatlcsis .,
95,71*4
13,563
80,928
35,702
10,355
85,087
32,102
115,667
1*3,01*9
W*,i*J*6
6,995
7,879
5,744
39,167
13,997
19,912
1*95,917
173,21*2
171,990
33,987
78,821
35,790
166,697
35,526
115,938
97,087
11,597
6,367
7,638
22,484
12,227
8,390
5,926
57,547
81,855
845
55,073
7,117
4,107
1*9,891
••••
•...••
•.....•.....•...•
•••>
Total retailers' excise taxes
Miscellaneous taxes I
Sugar Act of 1937
Telephone, telegraph, radio, and cable facilities
Local telephone serrice..*..*...
Transportation of oil by pipe line........ ..............
•
Transportation of persons, etc
Transportatlcn of property
boxes
safe-depoelt
of
Leases
Admissions to theaters, concerts, etc............
AdZDlssions to cabarets, roof gardens, etc..
Club duee and Initiation f eee •.....•••.•...•.•.•..•..•..
•
•
Bowling alleys, pool tables, etc
Coin operated devices
and
filled
butter,
renorated
process
or
end
Adulterated
••••
cheese
Narcotics, Including marihuana and special taxes
processed
oils
vegetable
Coconut and other
national Fireams Act
Diesel oU 2/
Wagering taxes 6/
All other, lncltd.lng repealed taxes not Bhom separately
Total Qlsoellaneous taxes
Total miecellaneoiis Intezxial r«rrecue
Total Internal revalue collections
Adjustment to Dally Treasury Statanont
Total reoelpta frai Internal revenue (Daily Treasury Stateoent).
220,339
90,799
1J2,892
23l»,6lli
h-3,k66
78,1*73
78,161
395,'' S"*
1*17,568
310,337
26,881
357,981
28,378
275,171*
139,1*51
11*, 617
127,186
170,276
U3,2l6
2U
287,1*05
1*19,518
10,811*
330,817
312,831
1*5,1*89
1*6,691
11*6,669
19,501*
33,592
3,597
18,823
36,829
lit, 299
13,082
3,1*11
2,853
lU,26o
12,588
388,589
10,
16,505
5,31*5
6
929
17,957
7
15,091
10,502
1,261
l,9l*7,3n
1*
915
15,205
29
l*,568
17l*,6ll
3,513
135,887
17,1*93
2,61*5
31*3
2
381
7,1*62
7,101*
2
1*,216
ll*,e97
16,61*0
2,353
19,053
34,310
132
25,007
3,445
2,547
77
360
83
286
29
914
»
36
2,059
*
3,208
901
257
1,056
8l4
-80
5
5
7,857
61*7
6,265
U,807
635
2,061,230
875,688
753,519
120,663
261,949
845,130
1,497,200
7,138
l*,728
-196
9, Sol*, 112
10,837,375
1*,1*76,653
4,567,883
65,009,393
69,686,509
23,565,655
23,1*1*8,607
5,345,808
6,372,004
1625,502
<Sl*J*,ll*5
-1,370,601
-1,318,700
-833,043
-1,456,973
65,63l*,89l*
69,930,655
22,195,053
22,129,908
4,512,766
4,915,031
Source: Dally Treasury Statement for total receipts frcnn internal revenue;
reports by the Internal Bevenue Service for collections by type of
Detail by type of tax is available only on a collection basis.
tax.
Receipts on the Dally Treasury Statement basis are con^illed from the
latest dally reports from Govemnent depoeitariea; they do not coincide
with amounts reported by the Internal Revenue Service because of the
lag In deposits of collections and because certain taxes are paid
directly into the depoeitariea.
1/ Exclivles collections for credit to certain trust accounts for Island
poasessions; Includes corporation income tax on Alaska Railroad
(repealed by Public Law 386, approved June 10, 1952, for taxable
years ending after that date)
2/ Includes excess profits taxes on Army and Navy contracts Imposed by
the Vinson Act as amsnded (3!* O.S.C. 1*96), and Income tax on business
Income of exempt organizations. Imposed by the Revenue Act of 1951,
approved October 20, 1951.
Includes old-age Insurance tax on self -employment income. Imposed by
^
1953
y
the Social Security Act Amendmente of 1950 (Public Law 73^), approved
August 28, 1950. The tai le levied and collected as part of the
individual income tai beginning with the taxable year 1951. For
estimated fiscal year breakdown, see Table 1.
Beginning January 1951, withheld income tax and social security
anploymant taxee on araployers and anployees ore paid Into the
Treasury In canblned azaounts without separation as to type of tax,
pursuant to the Social Security Act Amendments of 1950. For
estimated fiscal year breakdown, see Table 1.
Repealed, effective November 1, 1951, ty Revenue Act of 1951. Beginning July 1952, Included with other repealed taxes under "Miscellaneous taxes"
Effective November 1, 1951, under Revenue Act of 1951.
Applies to diesel oil used In highway vehicles; effective November 1,
1951, under R07enue Act of 1951.
Lese than $500.
January 1954:
39
.MOKETABY STATISTICS.
Table 1.- Money In Circulation
(In
mlUlona
of
doHare except
aa noted)
Paper money
End of fiscal
year or month
Total
money in
circula-
Total
paper
money
tion 1/
19W
28,21*5
igiiT
1950
28,297
27,903
27,U93
27,156
1951
1952
1953
27,809
29,026
30,125
195S-Daoaiiber.
1953 -January..
19''8
19''9
February .
March
26,9115
26,91*2
26,1(82
26,03i(
Ckjld
certificates
Silver
certif-
a/
icates
50
1(8
1(5
1(3
TreaBury
notes
of 1890
United
States
notes
Federal
Eeeerve
notes
Federal
Eeserve
Ban};
notes
y
2,025
2,061
2,061
2,061
2,177
317
320
321
319
321
318
318
318
23,1(56
2l(,605
25,609
221
200
23,973
23,999
23,600
23 ,209
National
bank
notes
114
106
1(06
353
309
^^\
99
21(3
81
77
93
86
25,661
Ul
26,231
39
27,31(8
28,359
38
37
2,092
2,088
2,122
30,1(33
28,683
37
2,105
31'(
25,91(1
210
75
29,691
29,793
27,970
28,068
28,017
37
37
37
2,006
2,027
2,065
305
312
25,337
31'(
25,321
208
207
205
7l(
a9,75lt
22,760
25,1(10
73
75
75
April
29,81»3
37
37
37
2,089
2,116
2,122
25,376
20l(
7i(
29,951
30,125
28,095
28,196
28,359
311*
Majr
316
318
25,1(51
25,609
202
200
Ik
73
July
August ....
September..
30,120
28,351
30,2l;8
30,275
28,1(70
28,1(83
36
36
36
2,107
2,106
2,100
317
319
316
25,618
25,738
25,762
198
197
195
73
73
72
October. . •
November p.
30,398
30,798
28,596
28,983
36
36
2,098
2,119
316
321
25,879
193
192
72
72
Jims
End of fiscal
year or month
191(6
Total
coin
Standard
silver
dollars
Subeidiaiy
silver
1,300
1,355
ll»0
81(3
191(7
11(8
191(8
1,1(21
156
876
919
191(9
1,1(59
1,1(96
16I(
9I1O
170
965
1953
1,578
1,678
1,766
180
191
202
1,020
1,093
1,150
1952 -Dec ember..
1,750
199
1953 -January...
721
725
737
198
199
199
1950
1951
1952
February .
March
26,21(2
Minor
coin
317
331
3U6
355
361
199.76
196.33
190.31
378
393
180.17
"(13
188.61(
1,1U1
UlO
192,07
1,116
1,120
1,130
1(06
187. lU
U06
187.56
187.05
1(07
April
1,71(7
1(09
1,755
1,766
200
201
202
1,138
May
June
l,ll(l(
UlO
(13
July
August. ...
September.,
1,769
1,778
1,792
20%
205
207
1,151
1,156
1,166
Itl6
October. . .
Hot ember p
1,802
1,815
207
208
l,17l(
iiao
1,181(
1(23
Source: Circulation Statement of United States Money.
1/ Excludes money held by the Treasury, money held by or for the account
of the Federal Reserve Banks and agents, and coin estimated to be
held outside the continental limits of the United States. Includes
paper currency held outside the continental limits of the United States.
2/ Gold certificates were withdrawn from circulation in 1933.
1,150
^
hj
^
p
Money In
circulation
per capita
(In dollars) 5/
k\h
419
181(.33
179.03
ia.90
187.38
187.81
188.61)
188.30
188.78
188. 65r
189.12
191. 3'(
Treasiu^ notes of 1890 In circulation are being canceled and retired upon receipt by the Treasury.
Federal Reserve Bank notes and national bank notes are covered by
deposits of lawful money and are in process of retirement.
Based on latest population estlmatee by the Bureau of the Census.
Preliminary.
Revised.
Treasury Bulletin
ko
.JCHETABY STATISTICS
.
Table 2.- Monetary Stocks of Gold and Silver
(DolXor onoimte 1a nlUloDe)
axL of fiscal
Tear or nonth
I9W
Gold
SUtbt
(*35 par
fine ounce]
(»1.29+ per
fine ounce)
19118
20,269.9
21,266.5
23,532.5
19't9
2li,li66.3
1950
2li,230.7
1951
1952
1953
21,755.9
19l»7
Batlo of sllTer
to gold and
ellTer In
DODetarr atoclcB
(In percent)
3,508.1i
ll*.8
3,525.7
3,571.0
3,618.3
3,671.5
11*
.2
13.2
12.9
13.2
3,718.5
3,768.5
11*
23,3't6.5
22,1(62.8
3, 811..
11*.
1952-Deo amber...
23,187.1
3,79l*.l
ll*.l
1953 -January . ,
February...
3,797.7
3,801.0
11*. I*
3,80l».7
11*. I*
Maj
22,985.8
22,662.1
22,562.7
22,561.8
22,536.8
June.,
22,1*62.8
July
August
September..
22,277.3
October . .
Norember p.
.
March
April
.
Source:
.6
13.9
11*
.2
3,808.6
II* .1*
3,812.1*
3, 811* .3
1"*.5
ll*.6
22,178.14
3,818.3
3,820.8
22,128.4
3, 821* .7
W.7
22,076.7
22,0e7.3
3,828.5
3,833.5
IA.8
Circulation Statennent of U. S. Money; Dally Treasury Statenent for
For detail of sllTer monetary etock see Table 1*.
11*
.5
11*.
11*.
Preliminary.
prellJiilnary figures.
Table 3.- Gold Aesete and Liabilities of the Treasury
(In mllllcns of dollars)
Liabilities
End of calendar
year or month
191*6
Gold assets
Gold certificates 1/
Gold reaerve
against n. S.
notes, etc. 2/
Exchange
Stabilization
Fund i/
1,800.0
Gold in
general fund
1950
22,706.1
21,1*97.5
156.0
156.0
156.0
156.0
156.0
1951
22,695.5
23,187.1
21,506.5
22,022.8
156.0
156.0
1,032.9
1,008.2
22,985.8
22,662.1
22,562.7
21,827.1*
156.0
156.0
156.0
1,002.1*
989.1
1,002.6
22,561.8
22,536.8
21,1*19.9
21,392.7
21,322.9
156.0
156.0
156.0
985.9
988.0
983.9
21,121.8
21,029.1
20,969.7
156.0
156.0
156.0
993.3
i,ooe.7
20,933.1
156.0
156.0
191*7
191*8
19't9
20,529.0
22,753.9
18,1*30.5
21, 51*1* .0
21* ,21*3
23,010.0
23,217.9
.9
2l>, 1*27.1
1952
1953 -January....
February .
March
.
AprU
Hay
June
22,1*62.8
July
August
September.
22,277.3
Octobsr. ...
HoTenbar p.
22,076.7
22,027.3
22,176.1*
22,128.1*
Source: Circulation Statenent of TT. S. Money; Dally Treasury Statement for
preliminary figures.
1/ Compneee (1) gold certificates hoLi by the public and In Federal Reserve
a; and (2) gold certificate credits In (a) the gold certificate fund -
21,517.0
21,1*01* .0
21,381* .5
2/
±/
p
11*2.1*
1,053.9
1,077.9
1,053.2
1,052.6
999.1*
987.5
1*86.8
Board of Goremore, Federal Beserre System, and (b) the redemption
fund - Federal Pesarre notes
Beserre against United Statea notes and Treasury notes of I890.
EicludeB gold in active portion of Exchange Stabilization Fund,
Preliminary.
January 1954
^x
-MONETARY STATISTICS.
Table 4.- Components of Silver Monetary Stock
(In mllllcaia of dollars)
Silver held In Treeieury
Bid of calendar
Securing silver certificates l/
Sliver outside
Treasury
In general fund
year or month
Silver
bullion 2/
Silver
dollars
19'i9
1,911.2
1,937.6
1,971.5
2,003.2
337.2
328.1
321.9
1950
2, do.
312.
1951
1952
2,073.5
2,109.7
March
Subsidiary
coin
^
Bullion for
recolnage U/
Bullion
at coat 2/
Silver
doUars l/
Subsidiary
coin 2J
Total
silver
at $1.29+
per fine
ounce
150.1
156.3
165.0
171.0
179.8
901.1
928.7
971.5
'
982.2
1,022.2
3, 511. .2
1.7
3.9
82.0
191.3
202.5
1,083.1
1,158.1
3,71.1.3
3,79'..l
289.1
288.0
238.7
8.9
10.0
12.6
i»1.9
202.6
202.8
202.9
1,158.6
1,158.8
1,161.5
3,797.7
3,801.0
39.1
2,120.8
2,123.7
2,126.3
288.2
287.5
286 .U
18.2
18.0
13.9
36.1.
203.5
35.1
33.6
201..
205.1
1,166.3
1,172.5
1,179.8
3,8lU.3
July
August
September .
2,128.0
2,130.3
2,132.7
28U.6
283.1
281.6
13.3
33.9
207.0
1,181. .3
3,818.3
16.9
31.8
208.lt
32.0
209.9
1,187.3
1,195.2
3,820.8
ll.ll
October. ...
Horember p.
2,135.3
2,137.9
281.0
279.1
9.2
6.0
31.5
31.5
210.5
1,201.5
1,207.3
3,828.5
3,833.5
19'»6
lU.O
13.1
5.9
93.1
91.1
11.1.
9li.'i
3.6
95.1
301.0
289.3
2,113.3
2,116.3
2,118.3
April
May
June
19''7
IShB
1953 -January..
February.
.
.
31*3.1-
Source: Circulation Statement of U. S. Money; Dally Treasury Statement
for certain preliminary figures.
1/ Valued at $1.29-' per fine ounco.
2/ Includes silver neld by certain agencies of the Federal Government
(for amount, see Dally Treasury Statement for last day of month).
Does not include silver lend-leased to forelji governments (these
transactions all took place during the fiscal year 19I.2 through I9I.6;
89.3
1.1.3
^
UJ
p
*
212.1.
3,51.7.9
3,596.7
3,61.3.1
3,697.1
3,801..
3,808.6
3,812.1.
3,82l..7
see 19I.6 Annual Eeport of the Secretary of the Treasury for amounts).
Valued at $1.3&+ per fine ounce.
Valued at $1.38+ per fins ounce or at $1.29+ per fine ounce according
to whether the bullion Is held for recolnage of subsidiary silver coins
or for recolnage of standard silver dollars,
Preliminary.
Less than $50 thousand.
Treasury Bulletin
kz
.
MONETAE Y STATISTICS.
Table 5.- Seigniorage on Silver
(Cumulative from Januaiy 1, 1935
In mlUloiiB of dollare)
-
Sourcee of seigniorage on silver bullion revalued 1/
End of calendar
year or month
Seigniorage
on coljijs
(silver and
minor)
Mlec silver
(incl. silver
bullion held
June U, WSU)
.
U8.7
1935
1936
1937
1938
1939
1*8.7
1*8.7
1*8.7
31*.
326.2
271* .9
31*.
1*22.1
397.5
31*.
71*.
1*57.7
3"*.
530.7
31*.
508.1
616.0
705.6
758.8
950.6
562.7
31*.
759.1*
580.1*
31*.
63.6
58U.3
314.7
65.3
58l*.3
31*.
65.1*
581*.
31*
799.7
818.9
820.6
820.7
65.5
66.5
701.6
832.1
832.1
31*.
1*8.7
1*8.7
87.6
87.6
87.6
87.6
87.6
.6
^2.2
31*.
93.5
833.6
31*.
1*8.7
1*8.7
1*8.7
87.6
87.6
87.6
101*. 7
31*.
125.1*
833.6
833.6
833.6
87.6
87.6
87.6
126.7
127 .U
128.0
833.6
833.6
833.6
87.6
87.6
87.6
128.8
129.6
833.6
833.6
833.6
31*.
130.1*
87.6
87.6
87.6
130.9
131.6
132.3
87.6
87.6
133.1
133.9
299.6
US.
19W1
362.3
1*8.7
19lt5
19I16
1*29.5
1*91.9
1*8.7
19't7
U8.7
191*8
19lt9
520.5
559.2
578.7
1950
1951
1952
691* .2
1*8.7
696.5
697.7
700.6
1*8.7
February .
March
April
May
June
707.6
713.0
716.8
1*8.7
July
August. . ..
September
719.7
U8.7
721*.
728.1*
1*8.7
1*8.7
732.1*
1*8.7
736.5
1*8.7
October...
Novonber. .
226.2
302.7
366.7
1*8.3
19'<3
1*8.7
1*8.7
1*8.7
1*8.7
Potential
seigniorage on
silver bullion
at cost In
general fund 2/
16.8
36.0
58.0
25.7
21>5.7
.
Total
seigniorage
on silver
revalued
87.6
87.6
87.6
87.6
87.6
19118
1953 -January.
193't
Nationalized
silver
(Proc. of
Aug. 9, WS"*)
87.3
1*8.7
1*8.7
1*8.7
61(2.3
Silver Purchaae Act
of June 19,
I1.2
122.2
182.1
596.6
Dec. 21, 1933)
Newly mined
silver (Acta
July 6, 1939,
and
July 31, 19't6)
1*8.7
19l'l
19'tO
Newly milled
silver (Proc.
71*.
81*
Ul*.6
Source: Office of the Treaeijrer of the United States.
1/ These Items represent the difference between the coet value and the monetary value of silver bullion revalued and held to secure silver certificates.
17"
.7
31*.
31*.
31*.
31*.
31*
.7
31*
.7
31*.
51*1.6
1,055.8
1,089.0
1,01*8.2
967.3
717.3
938.1
1,069.6
1,077.6
1,087.8
1,098.1
333.2
161.2
1,109.3
1,119.2
1,130.0
111.7
81.9
57.2
1,131.3
1,132.0
1,132.6
56.5
57.6
55.5
11*6.8
129.9
127.2
31*.
1,133.1*
1,131* .2
53.9
50.0
31*.
1,135.0
U6.lt
833.6
833.6
833.6
31*.
1,135.5
1,136.2
1,136.9
U6.9
U2.2
Ul.2
833.6
833.6
3U.7
1,137.7
1,138.5
39.1
37.8
31*
.7
31*.
311.7
The flgur^a In this colmnn are not cumulatlTe; aa the amount of
bullion held changes, the potential seigniorage thereon changes.
January 1954
^i
.CAPITAL MOVBffiHTS.
Data relating to claims on foreigners and liabilities to foreigners,
and capital movements between the
United States and foreign countries, have been
collected
the data for January I95O.
Attention is called to the
fact that although the grand total figures on the revised
since 1975, pursuant to Executive Order 656O of January I5,
reporting basis are reasonably comparable with those for
preceding months, data for individual countries in some
"""S Treasury regulations thereunder.
Information
covering the principal types of data and the principal
Instances are not comparable because of certain changes in
coverage and geographical olassifl cation.
193'*.
countries is reported each month by banks and bankers and
securities brokers and dealers in the United States.
This
The supplementary information, contained in Section IV,
Information is published regularly in the 'Treasury
is presented in three tables appearing at different times.
Bulletin".
Supplementary Information is published at less
frequent intervale.
All reports are made initially to the
Table 1 gives data by countries on short-term claims on and
liabilities to foreigners as reported quarterly by exporters,
Federal Reserve Banks, which forward consolidated figures
Importers, and industrial and commercial concerns in the
to the Treasury.
United States. This information was published for the first
time in the October 19^9 isaue of the "Treasury Bulletin"
States
and begins with data for September 30, 1946.
Table 2
supplies information by countries on long-term claims on
domiciled outside the United States, as well as
and liabilities to foreigners as reported by banks and
The term "foreigners" as used in these reports covers
all institutions and individuals (including United
citizens
}
international organizations, wherever domiciled, created by
bankers in the United States.
treaty or convention between sovereign states. "Short-term"
first time in the December 19^9 issue.
refers to original maturities of one year or less, and
end of the calendar year beginning with 1942.
"long-term" refers to all other maturities.
gives information on short-term liabilities to countries
discussion of the reporting coverage,
A detailed
This table appeared for the
Data are for the
Table
3
basis of reporting,
not regularly reported separately by banks and bankers.
and derivation of capital movements figures appeared in
This table appeared for the first time in the April I95O
the April 1950 issue of the "Treasury Bulletin", pages 50-52.
issue. The data have been requested at irregular intervals,
Revised report forms and regulations became effective with
the earliest date being October
Section
I
-
X^h'i.
Sunnary by Periods
Table 1.- Net Capital Movement between the United States and Foreign Countries
(In tboussndB of dollars; oegatiye figures Indicate a net outflow of capital from the United States)
AnalTSis of net capital movement In:
Calendar year or month
net capital
morement
Short- terra
l>an]Elng funde
Brokerage
balances
Transactions
In dcoestlc
securities
Treasury Bulletin
hi\^
.CAPITAL MOVIMENTS.
Section 1 - Summary by Periods
Table 2.- Siort-Term Claims on and Liabilities to Foreigmers
(Foeltlon at enl of period in thousazulA of dollars)
January 1954
"^5
.CAPITAL MDVIMEHTS
Section
I
-
Summary by Periods
Table 4.- Purchases and Sales of Long-Term Domestic Securities by Foreigners
(In thousands of dollars; negative figures Indicate a net outflow of capital from the Uilted States)
Calaodar year
i/
January 4, 1940, through Decambar 31, 1941; the braakdovn between stocks
and bonds Is not avaLlable for earlier years
Treasury Bulletin
46
.CAPITAL MOVBffiHTS.
Section II - Sommry by Countries
Table !.- Net Movement of Capital and of Short-Term Banking Funds
(In thousande of dollars; negatlre fl^tires Indicate a net outflov of capital fron thp United States)
January I9i4
^7
.CAPITAL MOVEMENTS.
Section II
Table 2.- Net
(in thoueaoda
- Suiiunary
by Countries
kS
Treasury Bulletin
.CAPITAL MOYIMEHTS.
Section II - Sumnutry by Countries
Table 3.- Short-Tera Clains oo and Liabilities to Foreigners
(Position at and of month in thousands of dollars)
^__
Claljas
CountZT'
on foreigners
Liabilities to foreigners
1953
June
July
1953
August
September p
October p
June
July
August
September p
October p
Europe:
Aufltpla
11*9
Bolglmi
CzechoaloraJda
Denmark
Finland
France
Oermany
Greece
Italy
Netharlende
11,557
10
1,303
3,837
7,81.8
30,885
129
•
2lt,805
5,060
Ifarwa;. ,,,,.,,,
,,
Poland ................
Portugal
Humanla .,..,.•,,
Spain
Sweden
Svl tier land
U. S. S. R
United Klngdcm
YugoalaTla
Other Europe
1,U6
236
12,192
6
372
10,282
327
11,146
144
11,021
3
13
5
2,31*0
3,1.75
3,518
3,395
4,287
2,262
10,51*7
27,01.0
9,677
30,313
205
22,237
5,696
127
22,120
5,157
8I.3
30
30
761
30
1*68
1.79
>*13
129,878
132,892
729
72,620
35,686
144,368
139,830
580
77,155
32,818
161,124
146,456
1,375
81,667
30,725
169,944
118,206
5,736
2,675
128,364
656
71,047
34,320
9,926
33,626
359
21,675
7,187
9,768
35,658
471
19,990
9,061
301,823
682,835
70,651
313,619
268,564
334,039
739,502
69,478
335,964
227,490
362,601
773,272
73,291
353,945
243,086
376,551
793,679
77,850
365,164
230,722
425,643
827,151
390,825
241,236
1,047
893
33
109,077
1,965
57,159
5,799
19,319
108,353
2,426
62,907
5,812
19,938
110,309
2,915
70,254
5,806
22,123
113,667
3,395
66,730
5,803
23,401
115,672
2,182
70,045
5,750
32,666
87,923
659,945
6,534
887,605
10,546
52,583
3,982,850
94,281
663,732
8,048
890,oe4
13,227
51.187
4,132,852
103,492
666,368
8,272
900,825
7,448
51.031
96,033
665,028
2,029
30
5
5
5
5
6,9^5
11*, 1*02
20,317
24,101
434
18
22,620
2,186
12,385
1,698
15,360
2,W*9
2,555
1,773
15,2'i9
11*, 001
13,1.20
495
28,717
28,1*61
26,61*0
'',730
6,l*a6
151,718
5,336
6,313
155,666
5,795
6,880
161,732
33,857
4,248
6.615
175,777
39,499
5,319
7.087
187,490
86,660
650,132
2,223
911,183
7,944
47,760
3,889,834
58,292
1*9,630
1*2,003
56,737
80,707
1,U9,448
1,142,085
1,1''7,537
6,980
11,891
204,560
6,067
47,054
155,615
25,591
133,608
88,113
121,602
151,288
22,943
83,487
89,140
130,373
145,903
20,579
132,537
84,123
129,910
1
,.,,
Total Europe
Canada, •..•...••.•.....
U8,734
Latin America:
Argentina.
BollTia
Brazil
Chile
Colcnibla
Cuba
Dominican Republic ....
Guatemala
Mexico
Netherlanda West Indies
and Surinam
Peru
Republic of Pi
El Salvador
Uruguay
Venasuela
Other Latin Amarlca...
Total Latin Amorica.
.
9,016
7,951.
7,602
ll*,691
11*, 292
13,1*19
325,103
7,525
.7,656
317,181
7,653
1^,369
319,736
1*8,928
7,477
13,209
274,739
7,459
47,428
27,029
2,916
3,167
88,327
28,805
1,901
23,989
1,931
2,991
88,990
21,632
1,736
3,552
79,300
41,761
1,728
4,190
86,337
380,957
47,492
45,186
167,496
387,963
50,200
43,181
168,706
400,148
48,930
40,303
160,496
3,027
44,814
17,733
4,853
5,958
3,805
39,239
18,221
63,371
97,092
44,738
88,524
156,813
140,867
45,595
61,207
103,777
42,132
91,250
166,545
139,745
45,080
62,046
108,119
39,202
89,556
165,188
135,246
2,091
1U,296
5,374
3,21.7
86,1*16
7,1*50
2,1*05
2,21*8
13,659
5,605
3,290
3,313
15,053
5,379
3,672
3,197
35,61*9
15,'.71
11*,
171
1,836
16,782
5,795
4,777
3,429
36,311
16,054
603,906
591,210
594,171.
541,516
503,404
1,801,879
1,777,532
1,807,366
2,61.6
2,650
5,586
2,536
5,410
2,859
2,689
1,646
3,083
5,421
2,913
2,936
1,115
3,075
5,415
2,609
3,430
576
37,474
33,789
67,167
87,404
38,432
36,940
34,644
68,165
89,145
39,611
36,351
36,924
68,468
93,469
33,603
13,041
24,362
20,483
9,4o4
5,865
14,170
25,877
17,739
5,457
6,239
17,806
16,475
891,717
307,360
197,500
20,332
14,193
910,170
302,962
191,860
22,855
19,578
919,441
309,752
188,206
lt,0l*3
3,601
35,201
13,870
35,1.18
Asia:
China Mainland ........
Formosa
Hong Eong
India
Indonesia
5,1*1*9
2,339
2,859
2,271*
2,506
1,11*2
1,21.5
12,816
19,397
16,619
11,821
13,311
17,773
18,766
10,815
5,3''2
l*,l.61i
13,888
18,789
17,090
10,055
5,216
Turkey
Other Asia
11,276
20,392
8,680
15,536
4,469
15,516
960
16,685
7,687
19,739
8,007
232,176
6,288
233,878
8,367
226,383
Total Asia
112,098
103,606
100,163
106,268
112,013
1,935,307
1,948,208
1,963,397
7,2n
Iran
Israel
Japan
Philippines
Thailai^
•
Other countries:
Australia
"Belgian Congo
i^ypt and AngloEgyptian Sudan
Union of South Africa.
Other
6,621*
6,261
7,129
6,304
5,932
6,978
5,720
5,803
5,720
67,318
126,297
54,577
119,441
53,866
112,506
335
2,872
3,567
21*2
2,886
3,682
161
2,872
4,557
139
2,275
4,983
240
2,737
7,816
55,214
37,435
97,789
43,153
37,376
99,582
44,523
39,593
93,403
Total other countries.
20,609
20,200
19,826
20,095
22,316
384,053
354,129
343,891
1,777,093
1,788,651
1,794,018
905,930
10,907,614
10,993,455
U, 189, 061
International
Grand total
1,039
193
91*7,662
920,505
163
917,898
900,556
544
88,050
33,451
85,n6
January 1954
k3
.CAPITAL MOVIMENTS.
Section II - Sununary by Countries
Table 4.- Foreign Debit and Credit Balances in Brokerage Accounts
Ireasury bulletin
50
.CAPITAL MOVBffiNTS.
Section III - Details for Month of August 1953
Table 1.- Short-Term Claims on Foreigners
(Position at end of month In thouaande of dollars}
January 1954
51
.CAPITAL M0VU4EHTS.
Section III - Details for Month of August 1053
Table 2.- Short-Term Liabilities to Foreigners
l[Poaltlon at end of aionth In thousanls of doLLore)
Bhotrt-
Comitry
Short-toiM liabilities payable In foreign currencies
Short-toTm liabilities payaUe In dollars
Total
To fon>l«n banks ai^ official Institutions
To all other foreigners
texn
llalplll-
tlee
Deposits
U.S. Treasur7 bills
Deposits
certificates
aiid
To foreign
banks and
official
U.S. Treasury bills
and certificates
Institutions
Europe:
Aus trla
Belgium
•..
Ciacboelorakia
,,
DeDmark •...•.•.•.•.>••.
Finland
11A,368
139,830
580
77,155
32,818
11(3,632
81(,832
franoe
dennai^
Greece
Italy
Hetherlands
a,306
3,200
2,826
56,026
29,251
50,125
1,768
6,520
736
54,792
382
9,791
735
44,782
382
7,751
2,342
7,981
206
964
6
1,076
25
60,308
5,098
3,022
6,787
21,173
30,321
40
2,105
4
1,925
10,028
2,078
3,413
10
66
943
77
8U
2,618
2,727
14
52,755
198
15,446
30,1(68
23,91(8
362,601
773,272
73,291
353,9^5
291,677
770,196
64,513
2lt3,086
210,595
168,435
295,130
26,085
118,638
60,719
110,484
425,000
33,000
175,301
140,392
12,758
50,066
428
27,845
9,484
68,819
3,072
8,778
32,144
32,476
110,309
2,915
70,25^
5,806
22,123
58,379
21,
413
23,998
23,738
11,992
1,439
24
329
11
250
1(15
l(6,25l(
23,321
2,476
45,877
4,424
11,742
27,156
Foland
Portugal
Sunanla
Spain
1,362
10,097
1,362
10,027
Sveden
Switzerland
D. S. S. B
87,103
529,966
40,521
663,732
251*, 975
22,250
132,219
8,ol»8
7,71(1
890, 02U
13,227
51,187
579,970
12,527
37,670
7,731
315,339
10,892
29,213
7,538
24,332
142,772
10
6,929
1,635
919
7,062
130,745
307
285,714
700
13,487
6,427
96,101
307
149,903
700
12,006
132, 852
3,388,531
1,592,171
1,423,464
372,896
714,381
Canada. .....•....•.•.•.. l,llt7,537
900,729
286,731
600,935
13,063
l't5,903
ioi(,3a2
2,313
8,529
92,516
51,390
93,328
160, 1(96
22,125
77,264
101,610
8,529
78,187
51,352
97,167
118,461
28,477
18,348
75,882
459
20,579
132,537
1(5,080
36,52'(
19,420
62,01(6
21,999
49,784
5,184
28,263
93,269
73,759
21,300
400
135,21(6
22,166
49,825
26,486
33,778
98,301
100,801
Total Latin America.,., 1,807,366
1,179,143
869,691
28,546
32,201
26,707
89,825
32,185
27,953
31,242
26,004
15,378
23,875
HomBj
9l»,28l
Ikilted Kingdom
TugoslaTla
Other Europe
Total Europe
It,
321,7%
83,139
2,500
'(,'•35
48
2,348
1
2,029
198
67,339
2
2
260
64
17
15
2
9
34
635
13,110
21,53l(
116
3,021
135,219
592
24,340
720
761
30
500,398
17'(,53l(
39,449
29,940
235,458
173,680
58,964
2,8l4
11,350
41,411
11,993
39,801
32,578
31,105
69,587
16,295
17,956
77,328
70
43
35
14
14,329
38
1,161
1,623
167
3,177
1,382
41,483
12,050
40,007
32,728
31,571
72,062
20,286
18,178
82,785
3,009
8,556
8,431
50
75
167
41
35,557
44,324
12,664
46,075
60,683
33,133
145
7,945
24
205
4,610
1,158
4,176
6,025
28
9,474
24
12,932
5,115
5,032
14,110
39,878
58,294
12,716
55,754
65,786
34,301
493
10
1,101
144
257,786
51,666
626,435
578,921
21,424
26,090
1,788
342
955
200
72,410
7,860
251
7,803
4,723
40,999
577
in
74
2,037
450
7,805
4,723
41,687
3,375
1,418
3
8
269
13,424
18,155
864,482
270,395
U.,984
35,621
8,030
172,264
292
32
2,905
12,557
287
9,139
1,391
16,428
18,660
3,671
9,139
1,391
16,410
18,404
3,671
50
18
206
257,702
Latin Araarlca;
Argentina
Bolivia
Brazil
ChUe
8l.,123
Colonbla,
,.•....
Cuba
DcBlnican Republic
Guateoala.
Mexico
Hetherlands Vest Indies
end Surinam. ..........
Peru
Republic of Psnama
El SalTador
U00,lli8
1(8,930
1(0,303
108,119
39,202
89,556
165,188
tJrugucv
Tooesuela.
Other Latin America.
129,910
. .
328,081(
28,61(1(
208,000
600
14,095
2
127
236
1,112
41
220
5,1(03
2
171
23
230
1,363
3,950
2
54
447
Asia;
China MainLo^. ,.,.,,..
?anaosa
...,.,
Hong Song
India
Indoaeeia
36,351
36,9Zk
Iran
Israel
Japan
Philippines
Thailand
22,855
19,578
919,1(1(1
309,752
188,206
13,716
18,187
903,008
290, 9eE
184,535
Turkey
Other Asia
8,367
226,383
4,589
187,803
4,553
127,246
36
9,917
3,778
38,154
3,764
37,431
12
50,640
91
2
632
Total Asia
1,963,397
1,812,284
1,434,691
348,322
29,271
150,229
148,517
735
977
53,866
112,506
50,560
111,587
20,631
12,007
29,550
80,790
3,156
904
3,139
663
1(4,523
41,403
34,640
71.696
24,855
8,428
58.262
16,000
25,700
3.100
3,120
4,843
21.155
3,090
1(,833
30
6
4
18.470
906
1.777
33,178
30,195
946
546,770 1,759,681
1,431,711
256,603
68,1(68
93,1(69
33,603
4
503
1,418
Other countries:
Australia
Belgian Ccoigo
i^ypt and AngloEgyptian Sudan
tbilon of South Africa,.
OUier
Total other countries,.
Interaatlaoal
Grand total
39,593
93.1(03
31(3,891
309,886
124,183
155,140
l,79l(,Ol8
1,794,018
92,510
1,652,197
U, 189, 061
9,384,591
4,399,977
4,437,844
17
239
49,311
426
To
others
Treasury Bulletin
52
.CAPITAL HOVIKERTS
Section III
Details for NJonth of August 1953
Table 3.- Purchases and Sales of Long-Term Securities by Foreigners
-
(In thousaodB of dollars)
January 1954
5'^
Ireasury nulletin
.CAPITAL MOVEMEHTS.
Section III A
Preliminary Details for Month of October 1953
Table 2.- Short-Term Liabilities to Foreigners
-
(Pooltion at ODd of aontli In tbousanlB of dollars)
CoyntaT-
Short-term liabilltleB payable In foreign currencies
Short-term liabilities payable in dollars
Total
short
term
To foreign
liabilities
Total
banlcs aul
Deposits
official institutions
To all other farelgners
U.S. Treasury bllle
and certificates
Deposits
To foreigQ
banks and
official
Inctitutlons
U.S. Treasury bills
and certificates
Europe:
Auo tria
B«lgl^aD
168,166
61., 336
171
77,535
111,877
llB,206
5W*
88,050
33,''51
30,651*
25,1*1*0
U25,61.3
361,173
823,972
278,71*1
2111,236
76,1*79
360,61*3
212,61*3
U8,190
125,529
82,596
Norway
Poland
Portugal
Rumania. ..•..
Spain
U5,672
86,388
59,379
1.8
5,750
32,666
Sweden.
Switzerland
CsechoelovaJtla
169,941*
• . .
Demoaxk
f Inland
FraJDOe
GemiazQr .,.,.»...,,,.,,.
Greece
•
«...
Italy
Rather laodB
827,151
85,116
390,825
3l*,097
m
32,963
3,200
2,668
53,089
27,571
1,778
53,777
373
125
1*1*7
10,1*98
5,211*
2,797
1*1*,
189,211
1*^,000
28,000
199,226
119,888
157,539
11*, 1*23
60,231
289
35,888
10,159
1,186
39,653
373
8,132
2,791
592
3,106
11,018
93
86
916
6
1,450
17
17
3,993
35
1,275
9,855
3,952
2,731*
3,007
7,065
19,838
21*, 538
2,123
115
173
18
29,271
371
22,850
1,380
10,131
23,1*01
2,638
369
22,579
1,380
9,961
8,012
125,302
329
287,652
735
12,11*3
7,377
96,762
329
150,901
735
10,773
62,331
3,050
8,1*61*
30,161*
28,586
55,601*
8
2,139
129
124
173
471
96
18
7
5
3,232
2
268
13
13
164
9
353
353
635
12,375
16,165
68
2,806
2,764
136,320
431
23,496
46
23,327
46
1,305
65
57
57
2,182
1,8U
25,382
1,796
70,01*5
1*7,195
l*,36l
1*6,127
"t.sei
22,182
21,832
96,033
665,028
2,029
916, 30U
9,031
51,953
87,953
536,920
1,700
605,156
8,250
39,753
39,129
265,909
1,691
23,1*50
112,81*6
321,71*5
273,091*
31,171*
7,1*67
10,317
2,597
1,112
11,31*6,859
3,617,1*1*1
1,661,91*2
1,51*7,602
1*07,897
699,991*
1*86,751*
176,578
36,662
29,424
29,165
1,205,652
953,392
295,125
61*1,601*
16,663
21*5,970
192,980
50,188
2,802
6,290
5,898
Argentina
Bolivia
Brazil
Chile
Colombia
Cuha
DoDlnioan Bepubllo
Guatooala.
Mexico
BetherlandB Weet Indies
and Surinam. ..........
11*3,121*
100,01*9
97,857
6,511
1*59
1,733
1*3,01*2
1*2,156
135
751
61*3
12,778
1*1*, 985
32,611
31,710
12,732
1*3
3
Peru
Bepubllo of Panama
El Salvador
Druguay
Venezuela
Other Latin America....
n. s. s. B
Klnsdom
Tugoelavla
Other Surope
TJbited
•...•
Total Surope
Canada. ..................
1,627
15
1,020
350
25,371*
158,165
9
5,653
3
68
Latin Anerlca;
Total Latin America....
19,932
110,010
85,986
116,215
7,15''
61*,98l*
1*6,1*92
18,1*92
53,375
53,336
39
375
81*,U93
81.,ll8
383,327
311*, 860
1*1,938
32,690
21,1*22
ll*,710
137,795
21,218
181,11*8
89,981*
89,059
1*8,969
39,782
20,612
68,178
79,309
28,718
28,856
35,670
17,666
28,669
93,1*90
173,11*2
1*0,020
175,100
1,965
201*
209
925
111,501
68,U28
20,516
17,980
90,838
1*4,657
32,1*1*9
31,1*00
66,169
16,1*61
17,765
85,31*3
33
21
41
12
5
20
146
294
308
16
16
41
1,476
45
215
5,453
783
39
4,010
42
15,855
3,315
9,187
9,020
90
77
39,322
4,177
5,728
1*,8I*7
12,800
35,000
30,319
11,028
30,962
109,898
1*00
187
255
19
8,658
2,700
326
12U,658
86,11*9
59, ''1*3
12,852
13,851*
38,101
33,231*
145
7,395
9
200
5,035
4,810
57
408
1,730,631*
1,111,772
81*0,733
217,1*66
53,573
616,827
567,561
25,511
23,755
2,235
36,81*6
1*0,280
28,681*
28,087
32,190
25,937
52,828
27,305
31*2
3,005
250
36,920
5,660
255
1
381
1,796
8,162
5,08U
1*1,296
3,1*75
8,160
5,0S0
39,851
732
713
3,1*72
3
35,1*15
112,598
1*3,1*1*2
11,037
53,1*50
59,1*00
1*5,61*7
54,181
116
la
197
15
20
1,144
1,121
4o8
1,724
7,603
12
Aaia;
China Mainland
Fonnosa
Eong Kong
India
Indoneala
Iran
Israel
Japan.
Phllipplnea
Thailand
Turkey
Other Asia
35,196
67,938
95,289
26,568
91,5Wt
729
33,51*8
1*7,1*19
37,089
18,278
912,032
303,259
283,251*
36,907
15,360
858,598
267,865
187,11*5
1811,31*8
12,821*
16,655
12,913
201*, 765
12,771*
11*1,070
31*,
21*1,021*
15,1*16
895,075
583
1,181
1,181
182
10,330
2,862
16,938
4
31
32,121
5,000
171,227
25
10,330
2,862
lt,356
16,91*5
10,389
297
19,960
2,797
19,1*75
3,71*2
56,1*71*
139
7,221
36,072
3,740
34,694
263
1,115
25,625
151,906
148,580
1,485
i,ai
2,795
1,120
2,788
7
744
3-74
74
270
12
45
485
2,797
2
2,000,891*
1,81*8,1*00
1,511,71*5
311,030
AuBtralla
Belgian Congo
i^Sypt and AngloS^yptlan Sudan
Onion of South Africa.
Other
61,181
110,558
55,709
19,519
15,020
3l*,05O
2,11*0
109,231*
75,290
18,921*
27,686
ll*,000
27,1*00
203
56,170
2,170
2,864
2,801
19,378
3
9,2li*
2,895
2,810
22,032
30
6
90,102
1*1,809
1*1,605
67,551*
641
2,013
351,252
315,911
132,397
152,910
30,601*
31,652
28,575
^79"
Total other countries..
2,398
1,888,1*33
1,888,1*33
100,750
1,71*0,1*97
1*7,-86
U, 523, 921*
9,735,31*9
611, 109
581,51*8
1,71*6,31*9
1,424,450
254,441
67,458
Total Asia
74
270
187
186
587
Other countrlee:
IntamatiOKial
Qrand total
1*1*,
701*
l.l*,707
ll*,002
1*,
51*2
,692
1*,
123
2,677
204
2,677
204
292
516
260
516
1
42,226
January 1954
55
CAPIT/O. MOVEMENTS
Section III A - Preliminary Details for Month of October 1053
Table 3.- Purchases and Sales of Long-Term Securities by Foreigners
(In thousands of dollars)
Treasury Bulletin
56
.
COKPORAIIONS AND CERTAIN OTHER BUSHfESS-TYFE ACTIVITIES.
Financial etatements of corporations In which the
United States Government has a proprietary Interest,
direct or Indirect, and of certain other business-type
activities of the United States (Jovernment are submitted quarterly to the Treasury Depsirtment, In accord-
and application of funds, which are published In the
"Treasury Bulletin".
The balance sheet tables for September
the periods ending June 30 and December 3I. They appear
In each case In a Bulletin issue subsequent to that
are compiled In a series of tables covering balance sheets,
carrying the corresponding balance sheet data.
and statements of source
Table 1.- Summary of Balance Sheets of CorporatlonB and Certain Other Business-Type
Activities of the United States Government, September 30, 1953
(
In mllliona of dollare
Corporations
Caah:
On hand and In ^enka
With U. S. Treasury..
Dopoelte vith othor Gorerrment corporations and agenclea
.
107.1
989.3
89.8
529-7
98.1
98.1
15,308.1
18,753.8
-251.9
12.3
10,256.9
-136.9
163.1
685.9
-39.3
107.7
256.1
li29.8
-25.5
-13.8
17.3
U59.6
Loans recelTable:
GoTsmBsnt corporations and agencies.
Others
Less
Beserre for loeses
:
15,295.8
8,1196.9
-115.0
Accounts and notea recelvahle:
GoTemaent corporations and agenclee.
Others
Less ;
fieaerre for losses
Accrued sssets
ComBodities
Less
:
,
55. ">
:
Interest on public debt obligations..
Goreminent corporations and agencies.
Others
Less : Peserve for losses
supplies, and materials.
Beserre for losses
16.9
2.0
lltS.S
.1
lll2.2
229.6
62.2
167.11
18.8
-39.5
-.2
-39.3
2,898.7
2,703.0
195-7
-639.6
-639.6
2,586.3
2,266.9
.3
.3
200.5
1.0
InreataBents
Public debt obligations of the United States
Securltiea of Goremnent corporations and agencies:
Debentures FHA and FICB)
Capital stock and paid-in surplus of Goremoent
corporations
Other securities:
International Bank for Beconstructloai and DeTelopuent
stock
International Monetary Fund - subacrlptlons
Other
Less : Beserve for losses
(
52-7
-9.'.
-9.1>
8,91lt.l
3,l6U.O
-1,003.1
-995.2
216.6
32.7
-72.1
-11.7
Deferred and undistributed charges.
173.7
167.6
Other assets
236.8
135.1
Acquired security or collateral ,
Lsss
:
Less:
Beserve for losses
Beserve for losses.
Total assets
319 -li
199.5
635
2,750
635.0
2,750.0
53.2
Land, structures, and equipment:
Held for use or sale
Less: Beserre for depreciation.
1953,
They are published for each quarter.
The tables on income and expense and source and application
of funds are published at six-month Intervals, and cover
ance with Budget-Treasury Regulation No. 3, Issued under
Executive Order No. 8512 of August I3, 191*0, as amended
by Executive Order No. 9084 of March 3, l^kZ.
Data from
these reports, adjusted for consistency where necessary,
BtateraentB of Income and expense,
30,
appear in this issue.
-53-3
-112.5
53,053.0
18,092.0
January 1954
57
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYrE
ACnvmES.
Table l.~ Summary of Balance Sheets of Corporations and Certain Other Business-Type
Activities of the United States Government, Septeaber 30, 1053
(
(Continued)
-
In MllllnnB of dollars
Corporatlais
liABUjnES
Aoco unta payable:
GoTammsnt corporations end agencies
Ottore
99.8
289.7
6.1
175.1
129.1
22.2
22.1
Mcrued Hat 111 ties:
U. S. Treasury
Other GoTemment corporatlonB and agencies.
Others
Trust and deposit HabUltlesl
GoransiDent corporations and aganciee.
1)0.1
310.ll
283.7
555.0
151.2
5E9.1
12,8B9.1i
2,li79.0
6,331.5
Bonds, debantnree, and notes payable;
U. S. Treasury
Other QoTenment corporations and agecciea.
Others
Deferr«d and undlslxibuted credits.
Other liabilitlaa (including operating
anfl
1,305.8
2, '•78.7
l.2"»3.6
250.2
1B0.2
llabHitar
Total llabllltiaa.
669.8
lt72.7
19,22l(.2
11,792.5
lAilted States Interest t
Interagancj.
Other.......
Total
Xftilted
States interest.
Private Intereets
200.5
1.0
33,20ll.O
5,e7'>.2
33,'t<A.5
5,875.2
1*21.. li
itaii.u
Total capital
33,828.9
6,299.6
Total liabilities and capital.
53,053.0
18,092.0
ABAIISIB OF IHVE5MKHT OF
USTIIKI)
STATES
Paid-in capital and expended appropriations
Treasury loans to Goremment corporatlcns and agencies l/.
Subtotal
Least Total Treasury loans as abcre 2/.
Inreslaent of Ittiited States
Eanisd BurpluB, or deficit (-), U. S. share
Boole
Talus of U. S. interest, including Interagency items.
Interagency Itans;
Amounts due to:
Croremment corporations
Gorernmant agencies reporting.......
Gcremnant agencies not required to report
Total interagency liabilitlaa.
Amounts due from ( - }
Interagency proprietary Interests
GoTemment cprporationa
GoTenmant agencies reporting
Goremment ag«u3les not required to report.
Total interagency assets
Book Talue of U. S. Interest, after exclusion of interagency Iteons
9211.
35,210.6
"t,
12,829.11
6,331.5
I»8,0li0.0
-12,829.11
35,210.6
-1,806.2
33,'»Oli.5
125.1
2,609.1i
279.3
3,013.8
-200.5
-2,6Wt.2
-90.3
-1U8.0
-3,083.0
33,335.3
Treasury Bulletin
52
.
COEPORATIONS AHD CERTAIN OTHER BUSINESS-TYFE ACTIVITIES.
Table 2.- Balance Sheets of Corporations of the United States Government,
September 30, 1953
(In Billions of dollars)
January 1954
59
.CORPORATIONS AMD CERTAIH OTHER BUSHtESS-TyPE ACTIVITlbii,
Table 2.- Balance Sheets of Corporations of the United States Govemoeiit,
September 30, 1953 - (Continued)
(In KlllloilB of doUBTs)
60
Treasury Bulletin
.CORPORATIONS AKD CERTAIN OTHER BUSINESS-TYPE ACTIVITIES-
Table 2.- Balance Sheets of Corporations of the United States
Government September 30, 1953 - (Continued)
(In Bllllonfi of dollars)
January 1954
61
.CORPORATIONS AHD CERTAIN OTHER BUSINESS-TYHE ACTIVITIES.
Table 2.- Balance Sheets of Corporations of the United States
Governnent, September 30, 1953 - (Continued)
(In mUlioEus of dollare)
6?
Treasury Bulletin
-CORPORATIONS AND CERTAIK OTHER BUSIMESS-TYFE ACTIVITIES,
Table
2«.-
Balance Sheets of Corporations of the United States Government,
September 30, 1953 - (Continued)
(In millions of dollars)
Reconstruction Finance Corporation
and certain affiliatoe
Panama
Canal
Co
18/
Regular
lending
activities
23/
ASSETS
Caah:
2/
On >'H'Ti and In banks
With U. S. Treasury
6.6
33.8
Depoalta vlth other Govt, corps, and agencl ee .
.
Loans recelvalile:
Gorennaent corporations and agencies
Others:
To aid agriculture:
Agricultural credit corporations
Cooperative aflBoclatlans
Crop, llveatock, and conmodlty loons
Farm morteage loans
Other
To aid home ovners t Mortgage loans , etc ....
To aid Industry:
Railroads
Other
To aid States, Territories, etc
To aid financial Instltutlcms:
Banks
Insurance cQn5>anles
Mortgage loan con^>aalee
Fore Ign loans
Guaranteed, held hy lending agencies
Other
Other loans (not otherwise classified)
Less : Eeaerve for losses
109.5
76.5
31)0.6
28.8
52.3
25.9 2i/
-39.8
Total loans receivable (net)
Accounts and notes receivable:
Government corporations and agencies
Others
Less : Reserve for losses
Total accounts and notes receivable (net)
593.9
1.9
1.9
6.9
Total accrued assets (net)
Comiodltles, supplies, and materials:
Held for use or sale
Reserve for losses
Less
:
Commodities, supplies, and materials (net)....
6.9
16.2
-1.1
15.1
Investaients:
Public debt obligations of the United States..
Securities of Govt, corps, and agencies:
Debentures ( FHA and FICB)
Cap. stock and paid-in surpl. of Govt, corps
Other securities:
Banks and trust companies - preferred stock.
Other
Less: Reserve for losses
Total Investments (net)
Land, structures,
Eind
equlptnent (net)
Acquired security or collateral
Less
Reserve for losses
:
Acquired security or collateral (net)
Deferred and undistributed charges
Other assets
Less : Reserve for losses
Other assets (net)
Total assets
Footzkotea on page 72.
.3
X.8
3.8
Accrued assets:
Interest en public debt obligations
Goreniment corporations and agencies
Others
Less : Reserve for losses
Land, structures, and equipment:
Held for use or sale
Less: Reserve for depreclaticn
.1
22.
-
January 1954
63
.
COEPOEATIONS AMD CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table 2.- Balance Sheets of Corporations of the United States Government,
September 30, 1953 - (Continued)
(In nillllonB of dollars)
Account
61^
Treasury Bulletin
.
COEPORATIONS AND CERTAIN OTHKR BUSINESS-TYPE ACTIVITIES.
Table 3.- Balance Sheets of Certain Buslnees-Type Activities of the United States
Government, September 30, 10S3
(
In
mm 1nnn
of dollare
January 1954
65
.
CORPORATIONS AMD CERTAIN OTHER BUSDJESS-TYre ACTIVITIES.
Table 3.- Balance Sheets of Certain Buelness-Type Activities of the United States
Government, September 30, 1953 - (Continued)
(In millions of dollars)
Treasury BuUetin
66
-CORPORATIONS AND CERTAIN OTHER BUSINESS-TyPE ACTIVITIES.
Table 3.
Balance Sheets of Certain Buelneee Type Activities of the United States
Government, September 30, 1953 -(Continued)
(In iiilllioDS of dollars)
January 1954
^7
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES-
Table 3.- Balance Sheets of Certain Business-Type
Activities of the United States
Government, September 30, 1953 - (Continued)
{In mlXllona of dollara)
Departanent
of the
Interior (Contlni»d}
Puerto Rico
ReconatructloQ Adolnis
traticm 30/
Departoent
of the
Treasury
Ml e c elXaneous
loans and
certain other
assets
LIABILITIES
Accounts payable:
GoransDeaat corpomtlonfl and agencloB.
Others
TotaJ. accounts payable.
Accrued llabllltiee:
U. S. Treaaurj
Other CoTornaant corporatlana
Others
aih^
agencies...
Total acci-ued liabilities....
and deposit liabilltlee:
'I'ruflt
Govamnent corporations
azul
agencies
129.1
Othars
Total trust and depoelt llabllltiee
129,1
Bonds, debentures, and notes payable:
U. S. Treasury
Other Corennaent corporatlanfl »*nd agenclee:
Guaranteed by lialted States
Others: Guaranteed by Lblted States
Total bonds, debentures, and notes payable...
Deferred and und istributed credits
Other liabUitlee (including reserres )
Total liabilities
PROPRIZrARy ETTEREST
Expended appropriations
Excess of Income, or eipense (-), cunmlatlTe.
..
Total proprietary Interest
Total liabilities and proprie tary Interest..,
CONTD?GH»T LIABILITIES
Guaranteed loans
Other
*
AHALYSIS OF INVESTMENT OF UWITED STATES
Eipfflided appropriations
Treasury loans to CkjremiMnt corporations
Net investment of United States
Excess of income, or expense (-)
Book value of U. S. Interest, inclixling interagency Iteme
Interagency Items - net amounts due to, or
from ( - )
Agencies reportijig, excluding Treasury loans.
Other Government agencies
aM
corporations.,.
Book value of U. S. Interest, after exclusion
of interagency items
Footnotes on page 72.
-
Foreign Operations
Adjnlnietratlon 31/
Guaranty
program.
Treasury Bulletin
6e
.COEPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTiViTIES.
Table 3.- Balance Sieete of Certain Business-Type Activities of the United States
Government, September 30, 1953 - (Continued)
(In milllona of dollars)
j
January 1954
Treasury Bulletin
70
-CORPORATIONS AND CERTAIN OTHER BUSIHESS-TYFE ACTIVITIES.
Table 3.- Balance Sheets of Certain Bueiness-lVpe Activities of the United States
Government, September 30, 1953
-
(Continued)
(In mllllona of dollars)
Veterana Administration - (Continued)
Defenae Production Aot of 19^, aa ameoded
'
Vetorans'
canteen
aerrlce
Veterans'
direct
loan
progran
General Services
Department Department Departoent Deparlzient Department
Administration 37/
of the
of the
of
of the
of the
COOEOlSLoan
Air Force Amy
Cooaorce
Interior
Havy
slcoi
guarantees
Atonic
Energy
ASSETS
Caah:
2/
On hand and In banlcB
With U. S. Troaaury
,
2.5
1.3
Loana receivahle:
Gcrenaaent corporatioaa and agencies
Othera:
To aid agriculture:
Agrlcultur*al credit corporatioaa
Cooperative asaoc latlons
Crop, livestock, and coaoodlty loans
Farm mortgage loans
Other
To aid heme ovnere: Mortage loaz», etc...
To aid Indus try:
Railroads
Other
To aid States , Territories , etc
Foreign loans
Other loans (not othervlae classlTled)
Less
Reserve for losses
67.1*
l*.7
U.2
233.3
U.6
8.0
U.2
k,6
6.0
k.2
:
Total loans receivable (net)
233.3
-
Accounts and notea receivable:
GoYenmant corparatloDS and ageoc les
Others
Less : Reserve for losses
Total accounts and notes receivable (net)....
Accrued assets:
Interest on public debt obligations
Govemskont corporatlans and agencies
Others
Less
Reserve for losses
:
Total accrued assets (net)
Comnodltlea^ siqiplieB, and natarials
3-9
Inveetznanta
Public debt obllgatiaos of the Iblted States.
Securities of GoTemmsnt corporations:
Capital etoclr and paid-in surplus of
Gorermnait corporations
Other secinrltles:
International Bank for Reconstruction and
Developaent - stock
International Monetary Fund - aubscrlptionB
Other
Leaa
Reserve for losses
:
Total Inveatments (net)
Land, structures^ and egulpnant:
Held for use or aale
Leas
Reserve for deprec iation
:
3
A
-1.1
Total land, structurea, and equipment (net)..
Acquired aecurity or collateral
Less
Reserve for losses
:
Total acquired securiV or collateral (net)..
Deferred and undistributed charges
Other assets
Less
Rederve for loaaee
:
Total other asseta (net)
Total asaeta
Footnotes on page 72.
10.
301.1
^.7
Q,k
8.U
1.6
January 1954
Treasury Bulletin
72
.CORPORATIONS AKD CERTAIN OTHER BOSIKESS-TrFE ACTIVITIES.
Footnotes to Tables 2 and 3
The reports as received are rervlBed by the Treaeury Departaient to adjust for certain Interagoncy items aai therefore may not a^ee exactly with otateoienta lesiied hy the
Note:
i
i;
5/
2/
10/
11/
12/
3^/
Ik/
1^/
16/
17/
18/
19/
20/
respective corporations and buelnees-typ© activities.
Figures are as of August 31, 1953, the latest available.
Excludes unexpended balances of appropriated funds
Includes $430.0 million guaranteed loans held by lending
agencies.
Includes real estate sales contracts
Includes matured interest amounting to $.1 million for which
cash has been deposited with the Treasurer of the
United States.
Represents matured obligations for which cash has been
deposited with the Treasurer of the United States.
Includes $.2 million deposits to "Guaranty Fund",
Includes $14-. 6 million advanced fTcaa a revolving fund which
has been established by appropriations
Includes deficit resulting frcaa administrative expenses
amounting to $79.'+ million,
Eepresents Eec<me tract ion Finance Corporation proprietary
Interest In a Government corporation.
This Corporation formerly shown under the Department of State,
was transferred to the Foreign Operations Administration
pursuant to Eeorganlzatloo Plan No, 7 of 1953, effective
August 1, 1953. Figures are as of August 31, 1953, the
latest available.
Bepresente activities under IMi&ed States Housing Act, as
amended. War housing and other operations of the Administration are shown in Table 3
Inclijdes $33*0 million guaranteed loans held by lending
agencies.
The fln«il repayment of capital stock was covered Into miscellaneous receipts of the tJ. S, Treasury on August 31» 19^*9,
The surplus is not available by law for dividend distribution
and is considered by the Corporation as a reserve for future
deposit Insurance losses and related expenses with respect to
Insxired banks.
The surplus is considered by the Corporation as available for
future insurance losses and related expenses with respect to
insured Institutions
Figure iB as of June 30, 1953, the latest available,
The balance sheet Is subject to substantial change pending
establishment of a complete plant Inventory and appraisal of
net assete transferred frcm the Canal to the Company.
Figures are as of Septeaaber 28, 1953. On September 29, 1953,
pursuant to Public Law 163, 83d Congreee, approved
July 30, 1953, the Reconstruction Finance Corporation started
liquidation of its activities except those which existing
low or this law peimlt to be transferred elsewhere.
Represents assets held for the Treasury In accordance with
provisions of act of June 30, 1948 (62 Stat, U87-U88), which
provided for cancellation of Reconstruction Finance Corporation notea in the aaiDunt of $9,313-7 million, plus Interest
accrued thereon subsequent to June ^0, 19^7, representing
unrecovored costs to the Corporation as of Jvaxe 30, 19''-7» In
its national defense, war, and reconversion activities, and
stipulated that any aioounte recovered by the Corporation with
respect to these actlvitioa subsequent to June 3^, 19^*7,
21/
22/
23/
2k/
25/
26/
27/
28/
should, after deduction of related expanses, be deposited in
the Itaited States Treasury as miscellaneous receipts. Figures
are as of September 28, I953 (see footnote 19).
Figures are as of September 28, I953 (see footnote 19).
Figures are as of September 28, 1953. Pursuant to Public
Law 163, 83d Congress, approved July 30, 1953, and Executive
Order No. IOU89, dated September 26, 1953, the activities
carried on In accordance with this act were transferred to the
Secretary of the TreasxuTr, effective at the close of buslneas
on September 28, 1953.
Figures are as of Septanber 27, 1953, and rsproaent activities
carried on pursuant to section 409 of the Federal Civil
Defense Act of 1950 dated January 1£, 1951 (6U Stat, 1257).
In accordance with Public Law I63, 83d Congress, approved
July 30, 1953, the activities carried on under this section
wer^j transferred to the Secretary of the Treasury on
September 28, I953.
Includes loans for national defense.
Eepresents excess of unliquidated assets over liabilities
transferred to Reconstruction Finance Corporation.
Consists of net inccme from power operations of $231.4 mil3J.on
and net expense of non-income-producing programs of $lU8.7
million.
Figures tre as of June 30, 1953 » the latest available, and are
shown on a prelijnlnary basis.
Eepresents expended appropriations and excess of income or
Figures representing each of the two amoxmta are
expense
not available at this time.
Represents total Treasury loans to Government corporatlone
Deducted in this analysis because credit has been taken in the
Corporation analysis in Table 2,
Pursuant to Public Law 276, 83d Congress, approved
August 15, 1953, the Secretary of the Interior was authorized
and directed to start liquidation of the Administration.
This Admioletratlon superseded the Mutxial Security Agency,
effective August 1, 1953, pursuant to Reorganization Plan
No, 7 of 1953 and Executive Order No. IO476, dated
August 1, 1953.
Represents obligations of Government corporations and
business-type activities as shown under "Bonds, debentures,
and notes payable - United States Treasxiry"
Includes $3,66o,4 million loan to the United Kingdom. Partial
repayments were made on December 31, 1951, and December 31,
1952, aggregating $89.6 million.
Includes $127.5 million reserves for contingent losses, expenses, and other charges.
Includes subscriptions to International ^kJnetary Fund and Bank
and loem to Ublted Klngdcn (see footnote 33).
Represents advances made by the Administrator to Federal
National Mortgage Association. Funds for such advances have
been borrowed by the Administrator from the Treasury.
Pursuant to Executive Order No. 10480, dated August ik, 1953,
the Defense Materials Procurement Agency was abolished, and
its activities were transferred to the General Services
Admini s tra 1 1 GDI
Represents revolving fund, defense materials procuramant
activities.
Less than $50,000,
.
29/
30/
^1/
32/
ii/
^kj
35/
36/
XL/
38/
*
January 1954
73
.CUMULATIVE TABIiE OF CONTEinS.
February 1953 through January 1954
laeua and page nmiber
1953
Fel>.
Apr.
July
Ma;
1951*
Aug.
Sept.
Article:
Trea£UX7 financing operaticcs
Summary of Federal flacal operatlonB
Budget receipts and expenditures:
Becalpta by principal sources.......
Bxpendlturea by major classifications.
Expenditures for national defense and related activities.. •
Expenditures for International finance and aid
"Other" expenditures
Summary of budget results by months and years
Detail of budget receipts and deductlotis by months and years
Detail of budget expenditures by months and years
Social Security Act
Sallroad Retirement Act..
Ballroad Ibionployment Insurance Act
,
,
....<
Trust account and other transactions;
Summary of ta*uet account and other transactions
Trust account receipts
Trust account expenditures other than net Investments
Met InveetmentB of Government egancies In public debt securities..
Federal Old -Age and Survivors Insurance Trust Fund
Ballroad Petirement Account
Unonployment Trust Fund
National Service Life Insurance Fund
7
8
9
9
10
10
11
11
7
8
8
9
9
10
10
11
9
9
10
10
n
Treasury cash Income and outgo:
Summary of cash transactions..... ....•...••.•.... ..a........
Derivation of cash budget receipts
Derivation of cosh bxidget expenditures
Derivation of cash trust account transactions,
Derivation of cash borrovlng or repa^Tnent of borrowing.
Cash operating inccme and outgo by months
11
11
12
12
13
12
12
..
13
13
lit
lit
Debt outstanding and general fund:
Simmiary of Federal securities
Net change in Federal securities
Interest-bearing public debt
Net change In Interest-bearing public debt
Special issues to U. S. Government inveslzisnt accounts
Ccmputed interest charge and oomputed Interest rate on Federal
securitiee
Treasury holdings of securities issued by Government corporations
and other agenciee
Status of the general fund of the Treasury
Public debt and guaranteed securities outstanding by mon ths .......
General fund balance by months
10
10
lit
10
Ifl
10
"\i
io
17
16
16
17
17
18
18
11
ii
15
11
18
18
18
18
11
11
15
11
19
15
20
15
19
15
20
15
19
15
19
15
20
15
12
12
12
12
16
16
12
12
20
15
21
21
21
21
13
13
17
13
21
21
21
21
13
13
17
13
lit
16
lU
16
18
20
16
25
17
17
21
17
26
18
18
22
18
16
16
17
17
18
16
16
17
17
18
16
16
17
27
28
25
25
26
26
27
Zh
29
2k
Statutory debt limitation:
Status under limitation
Application of notation to puhllc debt and guaranteed securities
outstanding
Debt operations:
Maturity schedule of Interest-bearing public aaricetable securities
issued by the IT. S. Govemaant
Offerings of Treasury bills
Offerings of marketable Issues of Treasury bonds, notes, and
.*
certificates of Indebtedness
Disposition of matured majicetabls Issues of Treasury bonds, notes,
and certificates of indebtedness
22
2U
25
26
25
26
(Ccmtlnusd on follovlng prge)
lU
Treasury Bulletin
7^
.CUMOLATIVE TABLE OF CONTENTS
February 1953 throu^ January 1954 - (Continued)
Treas.
HJ
U.S. Treasury Dept,
10
.A2
Treasury Bulletin
1954
c.l
.
::Mi':::';^^!;';';::::J
U.S.
1
TREASURY LIBRARY
0031982
@FedFRASER