Full text of Treasury Bulletin : July 1941

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

rscis

HJ
10
.A2

C.2

L^^rY

i-.j.

POOM 5030
JUN 9,11972

TREASURY

DEPARTMENT

RSFERENCE
To be used
in Treasury-

Cjbf^

^

Library

BULLETIN
OF THE

TREASURY DEPARTMENT
JULY

1941

Analysis of Receipts and Disbursements
Composition of the Public Debt
Capital Movements and Monetary Data
Other Treasury Statistics

TREASURY DEPARTMENT

LIBRARY
ROOM 5030

OFFICE OF THE SECRETARY

JUN

?,

I

1972

TREASURY DEPARTIVIE^

BULLETIN
OF THE

TREASURY DEPARTMENT
JULY

1941

Analysis of Receipts and Disbursements
Coniposition of the Public Debt
Capital Movements and Monetary Data
Other Treasury Statistics

TREASURY DEPARTMENT
OFnCE OF THE SECRETARY

Bulletin of the Treasury Department, July 1941
Table of Contents
Page

FEDERAL RECEIPTS AKD EXPENDITURES
Budget recelptB and expenditures
Social Insurance accounts
Cash Income and outgo

.

2-5
6-7
8-9

.

GENERAL FUND OF THE TREASURY
Assets, liabilities, and balance In G-eneral Fund

11

PUBLIC DEBT OF THE UNITED STATES
(Excluding ownership data)
Statement of the outstanding public debt, June JO, 19'H
Composition of the public debt
Maturity schedule of U. 3. Government debt, June 30, 19'*-1
Treasury financing operations since January 1, 193^
Treasury bill offerings since June 1, 19^-0
Debt position of U. S- under Second Liberty Bond Act,
June 30, 19IH
Public debt receipts and expenditures
Computed rate of Interest on the public debt
Average yields of Treasury and corporate bonds beginning
with January 1933
Yields of Treasury bonds and notes, July 15, 19'*-1

13
13-11)-

15-16
17
18

.

19
20
20

21-26
27

OWNERSHIP OF OOVERNUENT SECURITIES
Summary distribution by holders of securities Issued by the
U. 3. Government and guaranteed by the U. S.
Market transactions In Government securities for Treasury
Investment accounts
Treasury survey of the ownership of Government securities.
May 31, 191+1

29
29

30-35

GOVERNMENTAL CORPORATIONS AND CREDIT AGENCIES
OF THE UNITED STATES

Assets and liabilities and proprietary Interest, May 3I, 19U.1
Sources and uses of funds
Obligations outstanding guaranteed by the U. 3
Financing operations In securities guaranteed by the 0. 3.
Maturity schedule of securities guaranteed by the U. 3.,
June 30, 19'H
(Continued on following page)

37-3*
39-'+2
1+3
4-3

••*

Table of Ckmtents

-

(Continued)
Page

INTERNAL REVENUE STATISTICS

Colleotlons of Internal revenue

k6-ki

CUSTOMS STATISTICS
Customs duties and taxes oolleoted
Commodities Imported under quota provisions

50-51
52-53

CAPITAL MOVEMENTS BETWEEN THE UNITED STATES
AND FOREI&N COUNTRIES
Net capital movement between the United States ani foreign
oountrle s
Short-term foreign liabilities and assets
Foreign security transactions and brokerage balanoea
Foreign transactions In domestic securities
Foreign exchange transactions
.

55-56
57-60
6I-63
6*1—65

66-67

aOLD AND SILVER STATISTICS

Oold assets and liabilities of the Treasury
Movement of gold to and from the United States
Monetary stocks of gold and silver
Components of silver monetary stock
Silver of specified classifications acquired by mints and assay
offices
Seigniorage on silver
Silver production by countries
Movement of sliver to and from the United States

69
69
70-71
71
71
72
72

73

OTHER TREASURE STATISTICS
Balance sheet of Exchange Stabilization Fund, March 3I, iglj-l
Vessels cleared from the United States direct for foreign ports
Treasury Department criminal cases In the U. B. District Courts—

75-76
77-7S
79

FEDERAL

RECEIPTS

AND

-1-

EXPENDITURES

Summary Table on Budget Receipts and Expenditures and Public Debt Outstanding
(In Billloiu of dollari)

BUDGET RECEIPTS AND EXPENDITURES
1936

1937

1938

1939

1940

1941

JMMJ SNJMMJ SNJMMJSNJMMJ SNJMMJ SNJMMJSN
1.000

,000

800

600

600

zoo

200

200

ll

I

'

JMM1J
I

I

I

I

1936

I

M
M
SNJMMJ
SNJMMJSNJMMJSNJMMJSNJMMJSN
1940
1937
1938
1939
I

ill

I

I

I

I

.1

I

I

I

I

I

I

I

I

III

I

I

I

I

I

I

I

I

I

I

ll

I

I

III

I

I

I

1941

400

Total Budget Receipts and Expenditures, by Months
(Za allllons of dollara)

Calendar yaar

Hacalptt ly
1936
1937
193«
1939

218
308

igw
51.1

ISUl

Xxpondituraa 1/
1936
1937
193«
1939

^

568
U87
612
egg
1.077

ig)*!

193«
1939
19I10

11^\

May

June

231

256
290
373

529
828

2f
30U
565

lt«9

19'iO

Oroaa deficit
1936
1937

752
966
917
687
799
1.567

Apr.

JIO
30U
199
3«5
398
778

271
338
179
2UJ
22U
536

770
709
829
871
l.itoi

-108
-196
-208
1U2

712
632
731
792
1.316

Ul7
39»t

370

751

29't

367

77>*

^§
uoo
39U

693
519
567
695
i.iUa

'37
229
19'«
3lt«

2U9

72

-166

July

71*8

331
1.276

2.fc38

Ao«-

Sept.

Oct.

Dec.

Total

..

Budget Expenditures Classified as General, by Major Functions-^
(In millions of dollars)

Fiscal 7eax
or Donth

Total

Department al

3.668

1933

Hatlonal
defense

599
387

668
5l«

516-

710
911

Veterans'
Admlolsc rat ion

5.W*

1935
1936

6.59t
6.8U1

^'

1937...
1938
1939

7.3TO
6,898

935
1,028

igw

8,736

ig"*!

12, 6U

718
632
721
807
589

883

67

153

ii6

700
693
758

8U
72
66

177
200
219

U6

874
820
1.172

75

1.091

8,1132

19>40-Jane

July
August .

. .

3eptem1)er,

Octoljor,,,

Novombar.
Seceffiber.

igUl- January...
Tabruary.

March

1.388

April

1.295
1.23s
1.529

May
June

1,16-^

1.559
6,048

580
582
557
557
553

11

38
1,512
1.832
U96

1.261*

13

1.896

5
1

1,'*72
2,2lt0

AgTlCUltttral Ad-

Juotmant
program

51*3

289

662
6U7

533^'

767
66U
928
1.021
7U3

527
362
787
1,020
962

113

79

uu

72
80
70

^\
76
75

87
75
65

U8

l.'t7S

1.285

I46

110
109

"5

lOl*

2f!7

Us

376
'»73

U6
U6

111
105
115

65
51
&i

572
592

U5
U5

7'*5

1*6

61t

761

1+6

65
65

837
80S

"7

\^
6l

1.05"*

u4

and
CWA

763
507
557-

193'*

Public
Works

107
103
113
106
106
96

U5

OlTlllaa
CoaaarTatlon
Corps

Social
3«curit7
and
Ballroad
Betlreant Acta

Intarast
on tha
public

689
757
821
7U9

600
577
3U8
562

866
926
9U1
l.oUi

1?
566

332
636

29
385
326
290
283
257

ISU

Other

datit

I.IU

U57
578
607

305

U2

20
20
lUS

-11

2U
23

65
35

25

17

103
108
109

22
20
23

57
37

73
11

19

219

103
96
102

21
18
22

53
30
37

25
21
150

Us
50

71
39
32

21
19
20

50
36
18

73
12

60
28

339

52

U8
33

11
-21
U2

61

Dally Treasury Statamenta.
Sxcludea BeTolvlng ]*unda and Transfara to Trust Accounts. Includea Becorery and Relief.
Prior to flecal year 19U0, flguroa Include Hatlonal Touth Adnlnlatratlon eirpendlturea,
Includea public buildings, public highways, rivers and harbors, Tennesaee Valley Authority, Rural Xlectrlf Icatlon and Beclamatioa
projecta, and Public Works Adnlnlatratlon.

Sourcei
1/
2/

^

Budget Expenditures Classified as Revolving Funds (Net),
and Transfers to Trust Accounts, etc.^
(In mllllona of dollara]

Transfers to trust accounts, etc.

RerolTlog funda (net)
riscal year
or noath

AgriculTotal

tural

Aid

7U

1933
I93U
1935
1936

%
11

lUl
-33

222
I3U

-136

5
-13
-9

-10
-11

5"*

Total

Ballroad
Betirament
Account

121
150
20U
UU

-18
-13
-8
-5
-159

20U
121
92

1937
1938
1939
19MO
19U1

7U
3U6

Public
Works

71
71

l.SlU

101
59
23

603
220
182
208
23U

5

llU

-5

25
10

20
26
10

18
20
10

10
20
10

lt7
107
121
I2U

Adjuited
Service
Certificate
Fund

Tranafara to
Ballroad

QoTernlDent
Zmployeefl'

TTnemployiBent

Retirement
Tunda

Insurance
Account

(n. 3.

share)

100
50
50
1.773

21

556

U7

10

73
75
87
93

a
21
Ul

igUo-Juae

July
August....
September.
October.

.

HoTfloaber.

-5
-23

December..

19Ul-January. .
rabruary,

March
i«>rll

May
June
Source:
•

1/

2/

-11
-26
-1

2
6

2

2
1
2

-1

2

-100 2/

-1

3

1
1

2
-97

9U

10

3

-1

Dally Treasury Statements.
Laaa than »500,000.
Hat appropriations or transfera to the Old-Age Beserre Account or to the Federal Oli-Age and SurrlTora Inauranca Trust fund prior
These deductions are made to give effect to the 1939 amendments
to July 1, 19U0 are excluded froo both receipts and ejcpendltures.
to the Social Security Act, effective In this reapact on July 1, I9U0, and to facilitate comparison of operatlona under the amendments with those of prior years.
Beflects receipt of 9100 millions by the Secretary of the Treasury repreeentlng reduction of capital atock of federal Term Mortgage
Corporation.

Receipts and Expenditures under Social Security Act, General Fund Accounts
(In mllllonB of dollars)

Kxpaadl tures

Bwsalpta
Social Security taxes

Tlsc&l 7«ar
or onth

Tederol
Unemploy«nt Tax
Contrl^nir>
tlons Act Act (Uneoployment
(01d-a«e
Insurance) l&vorance)
federal
Insorance

Total

Less amounts
credited to
federal
let
Old-Age azid receipts
SurrlTors Insurance Trust
rund 1/

Grants to States

Total

AdolnlstratlTo
expenses

28.

1936
1937
1938
1939

WW
I9'*l

19liO-J)uu

July
in^ott ,

.

.

3«pt«it)«r.

October...
loTflHbar..
2)«c«ab«r. i
19l«l-JaatiaT7..,

7*braar7.

Kardi

*f
Jon*
Source

I

u

il

2/

^

38&.2
3811.
11*9.

51.5

27.8
166.9
271.5
320.3
356.5
'H5.2

2.5

9.3

.6

administration

26.9
157.8
229.6

.U

Mo.S
1.7
2.5
2.7

28.U
195.9
114.7
215.1
209 .7
322 .5

.2

llt3.o

.9

2.9

1.0

13U.9 5/

-131.0

12.0

2.8
12.
2.8

6U.6
5U.U
16.8

2.6
2.8
2.7

1*6.7

15.1

31.1

.3

5.1
lO.U
3.0

56.9
36.9
19.0

2.8
2.7
2.6

38.7
33.8
15.9

IU.2
55.6

53-3
29.8

.5

35.8

132.0
3.3

38.1
123.8
2.7

8.1
.6

U9.2

37.2
133.1
3.7

3U.5
125.1
3.1

2.7
8.0
.6

32.1
122.7

12.1
53.5

2.6

.5

.7
31.

132,

.9

39.2

.Vi

l'*9.7

3.3

3'»3.3

29B.2
352.2

58.9
58.3
63.0

8.9

13.1*

3.0

36.1*

2.7

50.7
27.2
33-5

U.7
9.6
3.0

Uq.U

2.6
2.6
2.6

U6.5
32.0
lU.o

34.9
16.9

261. It

Xxcess of
expenditures

9.1

604.7
690.5

51U.I1
530.it

Befunds
of taxes

itl.9

-12.8

3.9

U1.7
157.1
H.l

iprll

128.2
I7U.5
126.9

15.8
20.0
21.3
25.3

auce,
etc.

265.0
387.0
503.0
537.7 2/
661.3

19U.3

U6.0
187.9
3.5

I83.I
332.1

UneBployinent
cooipensation

57.8
90.1
100.9
107.5
97.7

252.2
60U.U
631.2
712.2
788.2

38.

217. >•

Old-age
asslst-

.2
.2
.2

.5
15.

.2
.2
.2

51.8
26.5
16.0

37.2
25.0
33.2

.2
.2
.2

39.2
-25.8

3>t.o

.3
.3
.3

ltit.7

30.5
12.8

33.>»

25.3
13.9

Dally Trttamry Stateaaatg.
Prior to January 1, 19ltO. figures repreaaat aaounts transferrad to the Old-A^e EaserTa Account. Trom Jaouajy 1 to July 1, 19ltO. tranaferi
^bsequantly receipts hare been depoaitad in the Oanaral ?und of tha
aada to the Tadaral Old-Aga and. SurrlTore Insurance Truat fund,
Treasury and appropriated directly to tha Tadaral Old-i^e and SurriTors Znauranoe Trust Tund. iaounte ehovn aa tranafera to tha Trust
Tond reflect deductions aada for ralaburaeaent to the Qeneral Tund account to coTer adJolnlstratlTe expenses, which are ehown as an expenditure in table below.
Includes only a^endltures froa appropriations made specifically for adBiaistratire expenses relating to tha Social Security Act and
aBounts for adminlatratiTe axpanaes reinburaed to the Oaneral Tund of tha Treasury under Section 201 (f) of the Social Security Act,
as aaanded. Beginning July 1. 19lt0. includae also adodnl stratiTO expenaee under the Wagnar-Feyser Act. Xzcludes adminlstratlTe axpensea
payable from other eqiproprlationa, principally for the following agencies: Bureau of Znternal Eerenue. Public Eaalth Service, and Office
of Iducatlon of tha Taderal Security Agency.
Second Deficiency Appropriation Act, fiscal year 1938. approTed June 25, 1338* carried an appropriation of $l40.56l, 886.1^3, pursuant to
authorisation of August 2l4. 1937, for making refund to certain States of portions of Tederal employers' tax for I936 collected under
Title IX of tha Social Security Act. Other refunds are on account of Anployment taxes (Title Till) and Tax on eoployers of 8 or aore
(Title II, Sec. 901) 'Other than to Statea*.
CoTered by i^ropriationa from the Oeneral Tund of tha Treaauzy.
Eariaad to bring olaeeification into agreoDent with aceounta.

vmv

Receipts and Expenditures, Federal Old-Age and Survivors Insurance Trust Fund
(Cumlative - In millions of dollars)
Ixpandituras

Eecalpta

Appropriationa from General Tund

Xnd of
fiscal year
or Bonth

Total
receipts

1936
1937
1938
1939

Credited
Total

to

Truat
Tund

1^1

267.3
782.7
1.199.6
1.792.1
2,536.2

265.0
765.0
1,155.0
1,705.0
2.393.1

265.0
652.0
1,155.0
1.705.0
2.393.1

19110- September..

1.95lt.'t

1,867.2

2.117.5

2,030.0

2,288.9

igiio

Z>scoBbar<
19'tl -March

.

April

U78
2,536.2

•lay

«^lna

Source

Balance
arallabla
in General
Aind

113.0

investments

2.3
17.7

Total
Benefit
axpandlpayaente
turea

5.4

Uha:9endad
Total

Investments

To credit of
Trust Tund
on books of

Treasury 2/

39.1

267.3
777.2
1.180.
1.744.7
2,397.6

267.1
662.3
1.177.2
1,738.1
2,380.6

To credit
of diabursing
officers

.1

.1

113.0

1.9
3.0
6.1
10.8

llt3.l

138.6

m

5.4
19.3
35.1
99.5

1,867.2

87.2

64.6

45.7

18.

1,889.8

1,875.6

3.8

10.4

2,030.0

87.5

86.8

60.6

26.2

2,030.7

2.016.5

3.8

10.4

2,200.9

2,200.9

88.0

111.1

78.6

32.5

2,177.8

2,161.3

4.2

12.3

2,2lt0.2

2,2>I0.2

2,3»9.«
2,393.1

120.1
129.2
138.6

85.4
92.3
99.5

34.7
36.9
39.1

2.208.3
2.348.9
2,397.6

2,m.3

2,389.8
2.393.1

88.2
88.

41.5
I89.1
6.2

15.5
13-5
10.8

iiu.e

87.1

llt3.1

Dally Treasury Stataaanta.
Section 201 (f) of the Social Security Act aaandsienta of 1939.
Includae balance of Oanaral Tund appropriation not yet traneferred to Truat hnd.

%dar

Baimburaament for
administrative
axpensea 1/

12.3

2,146.3
2,380.6

.1

6.1

Receipts and Expenditures Under Ra!^7oad Retirement and Railroad Unemployment
Insurance Acta, General Fund Accounts
(In mlllio&e of dollars)

Szpendlturee

Becelpta
Tlical year
or month

Adnlnlstratlra
erpensee

Total

1/

1936
1937
1938
1939
191(0

150
109
125

igHi

l'*3

27.8

19ll0-Jan«

.3

.3

1.5
1U9.0
no.'*
128.3
139.1

1.5
2.6
3.3
7.6
7.2

.7

.7

.5

20.5

7.2
26.1

26.6

.5
.6

Septoober.

10.5

.5

October..
NoToaber.
Decembar.

.U
U.9
30.8

.5
.5

.5
.5
.5

IS.O
20.6
10.5

.5
.6
.5

9.0
1.0
1.0

1.0
1.0

July

Au^at .

. .

19Ul-January.

20.5

.6

Tebmary.
Msrcb....
ipril.
May...
June.
Soureei
1/
2/

Transfers to
Railroad Rati reoent accoont

30.6

l.U
8.1
27.8

(Trust account)

Advances to
Railroad Uneaploynent Insurance Account

Transfers to
Railroad Dn-

Xxcess of
axpendlturei

employinent In-

i/

surance Account
.3

1.1
-1.1
1.1
2.U

lU6.lt

107.1
120.7
12l«.lt

-'•.7

7.5

-27.1

20.0
26.0
10.0

20.0
19.1*

-15.6
.1

20.0

15.6
-30.2
7.5

15.1
-20.1

7.6
-7.1
-26.S

.7

Dally Treasury Stataaeati.
lacludee only szpendlturee from appropriations made specifically for adnlaistratlve expenaee relating to the Ballroad Betirement and Railroad
tTnamployment Insurance Acts.
CoTered by appropriations from the Oeneral Pond of the Treasury.

Receipts and Expoiditures, Railroad Retirement Account (Trust Account)
(Cumulative - la millions of dollera)
ICxpendltures

Beceints
impropriations by Confess

Ind of fiscal year
or month

Total
receipts

Total

Transfers
from
Oenerol
rund

U6.6
U6.6
1U6.5
26U.8
38U.9
U98.5

498

507.5

U30.2

50^. *

U98.5

I9U1 -March

50l».U

i^ril
May.
June.

U6.6
U6.6
1U7.9
268.U
390.8
506.9

1936
1937
1938
1939

igw
19U1

Source:
•

1/

Balance
available
for
transfers

Benefit
Investments

pa^rDent e

Total

Investments

U6.6
36.6

6.0
1.6
2.3
1.8
10.5

85.1*

77.U

22.2

11(5.9

85.1*

U8.U

12.1

388.6

115.8

85.1*

8.5

21.9

399.0

105.

85.

.1

19.9
10.8
10.5

92.1
87.0

7?.'*

s.fe

77.3

5.9

328. U

185.0

U50.2

1(8.3

5.9

358.5

1)98.5

1(90.2

S.3

5-9

50U.U

1(98.5

U98.5

50U.l(

U9g.5
U98.5

1*98.5

5.9
5.9

506.9

253-5

.1

11.3

3.6

10.

1*93.5

68.1

82.8

1(09.6

9i(.8

1*19.9

87.0

Sally Treasury Statements.
Less than $100,000.
Includes balance of ^)propriatlon available for transfers subaeijuent tc June 30, 1937.

Receipts and Expenditures, Unemployment Trust Fund^^
(Cumulative - In millions of dollars)

To credit
of disbursing
officer

13.2
10.8
2.5

1(2.6

lUS.ii

To credit
of appropriations
1/

1(6.6

u.o
79.8
185.
298.7
U19.9

19)40-8ept«ber.
Ceceaber..

Unexpended

66.2
67.2
71*.

8U.0
7U.0

.2

2.5

Ca0h Income and Outgo of the Treasury, by Major Classlflcatlons-i/
(In Bllllont of dollars)

CASH INCOME AND OUTGO OF THE TREASURY
I

DOLLARS
Mil

li

936

1939

1937

1940

ona

JMMJ

li

I

I

I

I

I

I

1936

I

SN
I

I

I

ll

JMMJ
1937

Ill
S

JM«J
1940

NJMMJ
ll

I

S

I

I

1941

SN

"

GENERAL

FUND

OF

-10-

THE

TREASURY

>
.
.
.
.

11

Assets of the General Fund of the Treasury
(In allllona of dollars)

Dapoilti Is
radaral
Raiarra BanJca

lallloii, eola,

k/d of fiscal
;ra«r or Boatb

and currancy

X933
ISJ*
5935
1938

1.103
3.033
2.016
2.936

193?
193«

2. 709

1^

19>»1

OoTamsant
aaeurltlai

799
1.151
eU9

1.003

lUl
929
1,022
25U
1,02U

777
805
661

8fi5

1.8fi3

830
891

Othar
lapoatta
and
aellaetlona

837
1,351*

118
862

LOW

zM9

118:::::::::::

of

51
97

l.oUs

3.0S7
2,038
2,212

8p<olal dcpeitto
aooooat of aalat

31

37
55

58

6U
76
88

I2U

i9l)0-Jtia«

2.038

891

251.

805

88

Jvlr

2,ltll»

639
815
759

718
717
715

91.

391

268

713
705
675

93
92
96

l»79

108
98
ic6

flaptoabar.

2,611
2. $66

963
992
1.003

Octobar. ..
loraabar.
Daoaabar.

2,101
1,976
2.110

90U
911
93U

ISta-Junarr...
f abraarj.
Karoh

2.203
1,873
2.885

91"*

iprU

2.599
2.079
2,812

1.009
9U5
1.003

Aacust.

. .

>taar

JuDa

lowoai

1(05

702
385

913
968

1.2't5

"77
566

910

550

1170

51*3

1,02U

661

87
88

130
121
IZU

Sally Iraatai7 StatMaats.

Balance in the General FXmd of the Treasury
(Xb allllona of dollara)

Bod of fiscal
or soatb

jraar

Total
assato

Uuaeral
fund

Worlcio«

Increaent
oa gold

balance

254

862
2,582
i.sui
2,682

862
1.771
1,001
2.225

156
203

c'.55^
2, 216

2ll9

-:.<!38

lUT
179

1.891

970
1.628
2,l£0
1.163
1.885

536
585
605

l'*3

2,03«

i'*7

1.891

1.163

585

l'»3

Z.UlU

2,258

1933
193»
1935
1936

1.103
3.033
2.016
2.936

21*1

1937
193«
19J9
W"*!

2.709
2.H19
3.087
2,038
2,812

19110-Juna

19W

Axmlysls of balanca In the Oaneral Tund

Balfinc
Id th«

llabilltloo

"51

ll40

316

811
700
lUl
lUl
lUZ
11*2

1U3

July
Aacost....

2.1*51*

2,566

156
157
151

2.1*15

1,527
1.720
1.680

588
591
592

11*3

2, 611

Saptaabar.

Oetobar. ..
loTsobar.
Dacaabar..

2,101
1.976
2.110

181
159
181

1,920
1.817
1.928

1,183
1.078
1.188

59U
596
597

1U3
1U3
1U3

2,20^
1.873
2.885

178
172
170

2.025
1.701
2.715

1

2I?1

11*3

I.ITO

599
601
602

2.599
2.079
2.(12

J-73

2.H25

175
179

2i6'>3

1.670
.,157
1.885

60^
605

lk3
1U3

19Ul-Janaar7.

.

Tabnary.

Nanh
ipril

"V
Jua.
Souroai

Dally Traaaury Stataaaats.

1.90'*

3';7

laactira
gold

1U3
li*3

143
11*3

1.0S7

PUBLIC

DEBT

OF

THE

UNITED

(Excluding data on ownership)

-12-

STATES

statement of the Outstanding Public Debt on Juna 30, 1940 and June 30, 1941
(In

lUloaa

of dollara)

Ik

.

15

Mat' ritv "chc-.^.alc
United (states (>overiunent Interest-Bearing Marketable Seourlties Out^tarwUng-^
As of June 30, 1^1

i>t

(iwat
<ilua*^txti. hf x«%i- Ic

vhleh lsau«i

ftr«

first cellabla 3/

rizwi-

3««ertpCtaa ef

ucarHr

aturlty
laauaa

ma.
»U1

Oallalila

laauaa

1.603
>»7

1-1/U)t lo«»t

- 12/15/1*1.

201*

Teial

1.I5>*

1-3/U* Seui A - 3/15/'«'
RotM B - S/lJ/lrt.
It
l-J/*** »»«••
- l8/l5/'«.

1*26

31*2

232

Total

1,000

lahi
3/UjS
IlotM II
3/l5/'»3...l-l/8f Sot*t A
I/15/U3....
3-3/ S* Sosdt
6/15/''»3-'*7.
1)(
Dottt
9/15/''3--3-:/U^ Joiuli
- 10/15/U3-lt5.
l-l/«i» lat«i B - 1S/15/U3

Tot*!

li

3-lM
•/liS

.

;o'.«. c
9/15/*
i:cti«
(!!«t. nafania

SarlM)BsBda

9/Xi/Vt....
1J/15/W*-5U.

-

iiau, A -

2-3/W Bnodi
f-l/iii hoToi*
3/<4i(

1,W)1
U21

515

1.519
2<3
635

1.037

3/l5/'t5.--.

718

9/15/U5-U7.
-12/15/1(5

5UI

-

aotat B (Kat. CafaaM
Sarloa). 12/15/145....

Total

2.556

1,211*

531

1.790

Cosrariloa
basda 1/1/U6
3-3/'^ Boada
3/i5/>t6-56.
Bonda
6/15/l»6-Ug.
yi
6/15/i46-U9.
3-1/Bit Bonda
-

1.855

1*16

l.«U9

To'.al

i2k5
:,!^

451*

279

1.395

3/15/lA....
i/lU^:M-k6.
6/15/!A. .

l»t*t B Bond!
?5t.. * -

£6
629

1.21U

3)(

Total

16
1*89

1.036
819
16

2.3W

1»»7
3*

CooraratoB
tioada

U-l/U^ Boada
Boada
If

-

I/I/U7

- 10/15/1*7-52.
- 12/15/1*7....

Total.

13
759
701

7lU

759

12!!i

Boada
Zi
2-3/U* Bo-ia

-

3/I5/U8-50.

-

3/15/1*8-51.

2-1/2)1 ilonda

-

Boada

-

9/15/W..-12/15/^-50.

2l(

Total
12!*2
2-l/2]( Boada
3-l/8)t Bonda

- 12/15/U9-53- 12/15/U9-52-

-

1*51

571

U51

Total

1250
2-1/2^ Bonda

1,115
1.223

9/15/50-52-

Total.

la BiUieai of

d«Uu()

^

16

Maturity Schedule
Marketable Securities Outstanding^
Interest-Bearing
Government
States
United
of
As of June 30, 1941 - (Continued)
(Amount In millions of dollars) 2/

Classlflsd ^7 year in vhicb

1

17

Statement Showing Details of Major Financing Operations of the Treasury
Since January 1, 1938
(In Bill lens of dollora)

IS

TreaBury

of
lasu«

lattt

•Juna

5

June 12
IVB* 19
June 26

BUI

Offerings since June

1,

1040

19

Statment of the Debt Pocttlan of th« United States Gcvenunent under Limitations
Imposed by Section 21 of the Second Liberty Bond Act, as Amended
As of Juxte 30, 1941

$65 000, 000. 000

Totfd foe* aooiutt vhlch bb^ %• Mitttandlas at anj one tlms

>

7ac« aaount oatatandlo^ a* of JxDU 3O1 19Ult

lat^nit-tMffliK ••cvttlat
Bonis

TroamuT

$30,215,059,200

Sana*! (natnrltj Talna) 1/

5,U2U,011»,225

MJuit»d Sorrloo

7'l0.720,'to6

$36 . 3T9 793 «31

lotal tondi

T»anT7

.

.

9,026,06t,500

notao

Oartlfloatet of indobtolsaai

2,292,300,000

TrMsnrr blllo (naturlty Talna)

1.603,196,000

Total Intarait-bMrlsc aaenrltlai

tH9, 301,358. 331

Matnrad obllcatloni on whloh Intaraot haa oaaaed

192.230.1100

fatal fasa aaotmt of aacTirltlaa oatstanlla^

Total a«oiiat of anthoriiatlon nnuaad aa of Jona 30,

i^roxiaata aatarlty lalna.

1/

'>9.

$15, 506,1*11, 269

191*1

The currant redamptlen rain* of U. 8. Savlnca

'93 ,588, 731

^nda aaouatad

to $'>,313>953i052 on

Jma

30. l?**!.

Reconciliation of the Debt Position under Section 21 of the Second Liberty Bond Act, as Amended,
With the Gross Public Debt of the United States as Shocm In the Dally Treasury Statement
As of June 30, 1941

'K.96l.Ult3.535

Oroaa pnlJlle dabt ontatasdlac

Total faoa amoont of aacurltlaa outatandln^ limited %7 Section 21
of the Second Llljertj Bond Act, aa amended
Leea:

»1»9,'»93.588,731

Unearned dlaconnt on oaringt bonda (difference between
l,110,06l,173

current reden^tion Talue and maturity Taloa)

^.383,587.558
iddi

Seeurltlaa ontatandinc not eubjaet to limitation under Section 21i

Intereat-baarinc aacurltiea

Matured obli«atione on vtalob intareat baa ceaaed

pabt bearing no Istereat

(

196,102,380
12,769,'*60

369,OW»,137
577.915.977

Oroaa public debt outatandln*

$U8.96l,Ul>3,535

U

..

8

3

so

Public Debt Receipts and Expenditures
(In millions of dollars)

Reoalpts
risoal 7aar
or Bonth

1938
1939

igw
19U1
19l40-Jun«

July
Au^oat....
Soptenber.
October. .
HoTonber.
December .

't.775.7

2.671.8
3,03'».9

2.2

2,812.0
3,lUi.6

"tSO.O

277.7

1,2'*5.?
it63.U

1.7

10,U62.1

2.705.2
1.376.9
55U.8
613.9

IA7.6

1.325.6
522.1
1,387.6

AprU

651.8

Hay
June

915.'*

585.0
775.6
1,683.6

5,388.5

Ixchan^SB

12.7

l.UlU.o
636.5
3,1S6.6

Tebruary..
March

Idjostad
serrloe
bonds

7,19't.'*

557.6
U52.2
1,015.9

19'>l-Jaisnar7...

Pnbllo Isbujbs
Spsolal
la sues

7.U75.1

9.620.7
13,083.6
13,165.6
17,8U6.7

1.337.5
567.1
1,203.6

Source!

S:q}«ndltnres

Pabllo IsgoAs

72"*. 7

1.627.2
.6

787.3

Special
Issues

Total

Szcess
of
receipts

Kxebanetts

2,158.5
2.567.1

5,166.0
5.301.0
5.679.8
5,815.6

,673.i8

812.0
IU1.6

2, 11*5.

4',2U0.8

8,880.6
9,808.8
10,637.6
11,852.8

2,895.6

2,528.0
5,993-9

1.977.2

2,51*5.1*

1*80.7

277.7

1,787.0

159.8

129.0
91.1
166.0

573.9
H20.1

521.7

1.7

1*09.7

50.5
10.8
36.U

803.0

1*09.

1*1*6.2

55.0
I1U.8
187.5

1,273.2
U3I.S
1*51.7

U2U.5
U2U.S

88.3
11U.2
171.6

561.7

S29.6

1*23.8

1*17. 1*

66.0
139.7
2,917.5

O3H.9
1O3''.'

72l*.7

2,103.
59l*.2
1*25.2
l*,ll*7.8

1,01*0.8
1,1*72.9

71*0.1

3.27l*.8

13'*.7

167.7

16.S

61*. 3

7.1

27.1

135-5
751.9

32.1
6.3
22.6

852.3
212>7
1,083.2

t53.6

1,627.2

551.8
U12.S
729.1

.6

1*1.8

12.6

1*90.2

787.3

2,631.1*

1,2M0.7

57.6

Dally Treasury Statements.

Computed Annual Interest Charge and Computed Rate of Interest
on the Interest-Bearing Public Debt Outstanding^

Xnd of fiscal year or month

Interest-bearing debt
outstanding

Computad annual
Interest charge

Coi^mted rate of
Intereet
(Percent)

W

$22,157,61*3.120

1933

26,1*80,1*87.870
27,61*5,21*1,088

1935
1936

»

71*2.175.955
81*2,301,131

750,678,123

32.988.790,135

8'>1*.996,902

35,800,109,1*16

92l*,275,2l*i
9l*7,08l*,058

3-350
3.ISI
2.715
2.562

1.036,937.397

19110

36,575,925.880
39.885,969,732
«, 376,1*95. 928

191*1

1*8,387,399,539

1,218,238,81*5

2.582
2.589
2.600
2.583
2.518

19l*0-Jnne

1*2,376,1*95,928

1,09"*, 619,911*

2.583

U3, 186,1*83.51*1*
X16, 616,931

1,111*. 872, 891

2.582
2.581
2.580

1937
1938
1939

July

l,09l*,6l9,9ll*

1,118,109,1*81
1,121,989.71*6

iugost...
September.

1*3,

October...
SoTember,.
December..

1*3,560,308,589
1*3,706,990,015

1,127,1197,712

1(4,1*58,486.252

1,11*0.790.578

'*3.''79.95'*.3i<9

1,131.161,393

2.588
2.5S8
2.566

l'5.320.39l*.57l*

l,151.796,9n

Tebruary..
March

1*5,535,287,070
1*6,580,812,1*61

1,157,610,751
1,178,076.621

iprU

1*6.673,368,395

1,181,178,1*83

2.531

May
June

l»7,l6o,l6l*.076

1,195,018,863

2.53'»

1*8,387,399.539

1,218,238,81*5

2.518

191*1 -January.

Basis!
1/

.

2.5'»1
2.5'»2

2.529

Dally Treasury Statsaents.
Treasury bills are Included In interest-bearing debt flgoras at face amount, bat for tha pujposa of calculating the oompated annual interest
charge and the compated rate of Intereet, the discount value is uaed.

s

)

21

Average Yields of Long-Term TreaEury and Corporate Bonds

In reaponse to requests for earlier figures on the aTerage yields of long-term partially teLX-0X8Bpt Treasury bonds and long-term high-grade corporate bonds, the following
table and oharte have been prepared to present monthly and weeUy (Saturday) figures
beginning with January 1933. Certain revisions In previously published data for recent
periods are also Incorporated.
The Treasury bond series consists of the average of partially tax-exempt Treasury
bonds not due or callable for 12 years. Partially tax-exempt bonds are Issues the income
the case of
( In
from which is exempt from the normal rates of the Federal Income tax.
Treasury bonds with the partial tax-exemption privilege, interest derived from |5,000 of
principal amount owned by any single holder is also exempt from the surtax rates of the
Federal income tax.
It
The corporate bond average consists currently of 5 long-term high-grade bonds.
la not possible at this time to obtain a broader list of corporate bonds upon which to
base a satisfactory average because practically all actively traded high-grade callable
bonds are now selling above their call prices, and because there are very few long-term
In view of these difficulties, the
high-grade non-callable bonds other than rails.
Treasury corporate bond average, beginning with September Xh-, 193S> ^^ been confined to
a list of 5 bonds which are actually 'free" to move and so indicate changes in the underlying market.
The number of bonds will be increased at some future date when additional
issues suitable for inclusion in the index ar« available.

As of
ing issues:

July

1,

19'^1>

the

list

of bonds was revised, and now Inoludes the follow-

Norfolk and Western Railway Company
New England Telephone and Telegraph Company
Bell Telephone Company of Pennsylvania
Boston Edison Company
Illinois Bell Telephone Company

of I996
4-1/2 's of I961
3'b
of i960
h-'e

2-3Ais of I97O
2-3/4'

of I98I

The averag) yield of the 3 bonds now included in the index was 2.63 percent on
Ae of the same date the average yield of the bonds previously included was 2.66
percent.
The eontinulty of the Index was not, thsrefor*, substantially impaired by the
revision.
The same was true In the case of prior revisions of the index.

July 1.

Monthly yields for the Treasury bond series are averages of dally yields.
Monthly
yields for the corporate bond series are averages of dally yields beginning with i^ril
1938; for prior months they are averages of Saturday figures.
Monthly figures for Treasury bonds earlier than 1933 ""ay be found in the "Annual
Report of the Secretary of the Treasury for 1939"; weekly figures may be found in a
mimeographed statement presenting dally figures which is available from the Treasury
Figures for hlg^-grade corporate bonds
Department, Division of Research and Statistics.
are not available for periods prior to 1933.
are presented for a period of six weeks.
As has been the practice, daily figures
Back daily figures are available in previous issues of the 'Treasury Bulletin" and in the
mimeographed statement referred to above.

....

.

.

..

22

Average Yields of Long-Term Treasury and Corporate Bonds
(Farcent)

Partially
taxexsii^t

Treaeiuy
^oodfl 1/

Spread
Blghbetween
grad*
Treatury
corporat*
and
bond!
corporate
2/
>>onds

Partially
taxData

exaiiq}t

Treasury
bonds 1/

Spread
Highbetween
grade
Treasury
corporate
and
bonds
corporate
2/
bonds

Part A - Monthly Serlaa
1933-J«n.

3.22

re)>..

3.

Mar..

3.'

UMZ

3.ita

May..
Juna.

3.30
3.21

U.28
U.3U
U.56

1.06
1.0^
l.lU

U.63
U.U8
U.3U

1.21
1.18
1.13

1936-Jan.

Partially
taxezaapt
Treasury
bonds 1/

U

Tat..
Mar..

2.80
2.77
2.71

3.32
3.26
3.2U

%

Apr..
Hay..
Juna.

2.68
2.66
2.66 U/

3.2U
3.22

.56
.56
.53

3.19

1939-Jan..
7ab..
Mar..

2.U7
2.UU
2.3U

Apr..
May..
Juna.

2.30
2.17
2.13

it/

July.
Aug..
Sept.

2.16
2.21
2.65
2.60
2.U6
2.35

S.l"*

it/

Oct..
laT.

2.93
2.36

.l»7

2.81
2.79
2.77

%

2.7U
2.87
2.93

.U9

2.85
2.80
2.71

•57
.55
.53

2.70
2,65
2.59

.60
.68
.70

1.99
2.10
2.01

2.57
2.71
2.73

.72

1.96
1.92
1.91

2.76
2.75
2.70

3.51
3.55
3.U9
3.U«

U.3U

1320.
27.
Pab.

3.
10.
17.
2U.

3.31
3.3^
3.29
3.29

Mar.

3.
10.
17.
2U.
31.

3.32
3.21
3.13
3.15
3.16

.53

!i/

July.
Ane.
Sapt.

3.ao
3.21
3.19

U.28
It.
23
U.28

1.08
1.02
1.09

July.
Aug..
Sept.

2.65
2.61
2.60 U/

3.18
3.18
3.15

.57
.55

Oct..
Hot.

U.26
U.U5
u.uo

l.OU

Oct..
Sot..

Dae.

3.22
3.U6
3.53

2.62
2.53
2.51 U/

3.1U
3.11
3.07

.52
.58
.56

193U-Jan.
Tab..
Mar..

3.50
3.32
3.20

u.26
U.lU
U.07

.76
.82
.87 U/

1937- Jan..
Tab..
Mar..

2.U7
2.U6
2.60

3.09
3.2U
3.36

.62
.78
.76

19U0-Jan..

•S
.60

Tab..
Mar..

2.30
2.32
2.25

Apr..
May..
June.

2.25
2.38
2.39

July.
Aug..
Sept.

2.28
2.25
2.18

Oct..
Hot..

2.10
1.97
1.89

.

ii/

.99
.87

Sec.

3.11
3.02
2.98 U/

u.oo
3.9U
3.88

.89
.92
.90 U/

J*r..
May..
June.

2.80
2.76
2.76

3.U3
3.36
3.31

July.
Aug..
Sept.

2.92
3.03
3.20

3.83
3.87
3. 89

.91

July.
Aug..
Sept.

2.72
2.72
2.77

3.27
3.25
3.26

.55

Oct..
Sot..
Oac.

3.10
3.07
3.01

3.8U
3.78
3.6s

.7U
.71

Oct..
Hot..

.67 U/

Sec

2.76
2.71
2.67 U/

3.26
3.22
3.17

.50
.51
.50

1935-J«n--

2.88
2.79
2.77

3.60
3.52
3.U9

.72
.73
.72 U/

1938- Jan..

2.65
2.6U
2.6U

3-17
3.15
3.16

.52

ra)>..

Mar..

Ij/

it/

Apr..
May..
Juna.

2.7U
2.72
2.72

3. Us

July.
Aug..
Sept.

2.69
2.76
2.85

]il

Oct..
Sot..

2.85
2.83
2.83

Sac.

3.U7
3.U3

!i/

.69

Tab..
Mar..

73
.76
.71

Apr..
Hay..
Juna.

2.62
2.51
2.52

.66

July.
Aug..
Sept.
Oct..
Hot..

•

3.U7

.68
.62

3.U6
3.U1
3.39

.61 U/
.58
.56

Sac

.U9
.U6

it/

2.92
2.86
2.78

.62
.69
.65

it/

2.7S
2.79
3.29

.60
.58
.6U U/

Sac.

%
it/

•51
.52

.63
.63
.63

2.52
2.51
2.58

3.12
3.10
3.12

.60
.59
.5U

2. Us

3.06

2.50
2.U9 u/

3.0U
3.02

• 58
.5U

.53

Sac.
it/

19Ul-Jan.
Tab..
Mar..
JS>r..

May..
June.
it/

it/

it/

Part B - Weakly Serlea - Saturday Tlgnree

1933-Jan.

Peb.

Mar.

lU.
21.
28.

3.21
3.23
3.21
3.19

M.30
U.27
U.28
U.25

1.09
l.OU
1.07
1.06

U.
11.
18.
25.

3.19
3.2U
3.31
3.52

U.25
U.2U
U.35
U.5I

1.06
1.00
l.OU

3.65

U.67

1.02

6.

3.

11.
18.
25 •

Apr.

1.
8.

15.
22.
29.

May

6.

1320.
27.

June

3>

10.
17.
2U.

3.31
3. ''3

U.29
U.28
U.25
U.29
U.2S

1.09
1.08
1.05
1.09
1.07

U.2U
U.22
U.23
U.23

1.01
1.01

18..
25..

3.23
3.21
3.20
3.19

Sept. 1..
9..
16..
23..
30..

3.1?
3.16
3.18
3.21
3.23

U.26
U.26
U.28
U.3I
U.3I

1.07
1.10
1.10
1.10
1.08

U.50
U.52

3.UU

1.19
1.23
1.21
I.2U
1.2U

Oct.

3.21
3.21
3.20
3.23

U.29

1.08
1.03

3.35
3.27
3.27
3.2U

U.61
U.U8
U.U3
U.UO

,26
,21
.16
.16

3.22
3.22
3.21
3.20

U.38
U.39
U.31
U.28

,16
.17

1.10
1.08

1..
8..
15..

22..
28..

Aug.

U.

U..

.99

U.57
U.60
U.58
U.7I
U.68

3.38
3.37
3.?7

3.20
3.20
3.20
3.20
3.21

1933-July

7..

lU..
21..
26..
Not.

U.

.

11..
18..
25..
2..
tec.
9..
16..
23..
30..

3^52
1.U9
3.1»7

3-59
3.52
3.57
3-51

U.2U
U.23
U.27
U.32
U.U2
U.53
U.53
U.U7
U.U3
U.39
U.38
U.32

.53

it/

.51

.52

.55

3.25
3.1U
3.15

^

2.96
2.90
2.87

.53

Apr..
May..
Juna.

.8U

Spraad
Highbotvaan
grada
Iraaaurj
corporate
and
bonds
oorporata
2/
%onda

i.oU

l.OU

193U-Ja)

Apr.

May

7.

3.11

lU.
21.
28.

3. 08

5.

3.03
3.01
3.02
3.01

12.

1.00
.96
1.01

l.OU
1.00

6.

^:
June

2.
9.

.8U
.87

16.
23-

.81
.81

30.

it/

3.13
3.10

3.00
2.99
2.96
2.99
2.96

!*/

:^

.80
.83

.79

it/

it/

5^3

Average Yields of Long-Tora Trsaewry cad Corporate Bonds - (Continued)
(Psrcsnt)

24

Average Yields of Long-Term Treasury and Corporate Bonds - (Continued)
(Fercant)

R5

CO

«1U

ja

cn

Q

O

CO

<
O
Q.

8
Q
<

Z
D
<

CO

u>
5»
fe

a:

III

<-

o
z
o

D
UJ

*

-

^

oe^

26

'z
u
Ui

o

CO

O
CO
UJ

!<

O
Q.
q:

O

U

-J

TJ

< ^
liJ

^

^

CO

—

<»

Q::

a.

O
c/)

O

>
UJ

O
<

UJ

o

o

87

5S

^

. ?

-

• o i

£i

0"

o

o

>^

^

:»E
I.-

J

o
o

4

? S C

•

•
c

<

OWNERSHIP

OF

GOVERNMENT

-28-

SECURITIES

. .

.

29

Summary Distribution by Classes of Hoidere of interest-Bearing Securities Issued
by United States GoveriBnent aitd Guaranteed by United States
(In aUltoDB of dollari)
3«cnriti*e levoed

toy

Uult«d 8t&t«a Ooremiiftnt

Securities guaranteed by United States 1/

Dlalirlbutloit by claases of holders

Xud of fiscal
7«ar or Bontb

Total

U.

Oovernment a^ancles
troBt funds 2j

3.

aaoTint

azid

outstandln€

Public
Total public
narkstable
azid epoclal
Issues
Issaes

^

22,158
26, Use

1933193ft.

federal
Ssserre
Banks ij

Special
IssiLes

683
1,278
1.619
1.937

360
882
986
1.311

3,211

5.599
6.792
8,192 p

1.653
1.776
1.829
2.017
2,072 P

1.558
2.676
3.770
1.775
6,120

323
39S

Pabllo

PrlTate Inreetors

Issues

Total
public
Issues

Eiarke table

19. '•77

22.770
23.593
28,622

42.770
23.531
27.361

2,526

28,875

531
3.761

376

••.665

363
326
286

'•,302
'1.527

29,585
29,961

1,188
1.556
2.151
3.166

33.te p

''.55'^

6,360

285
275

33.127

29,961

3.166

5. '•98

285

5.213

33.861
33.936

3.22'^

5. '•99

28l»

3.26U
3.298

5.788
5.787

285

3ft.010

30,637
30,672
30,712

5.215
5.503
5.503

3U,il(9

30,813

3.336

3^.323
3^.933

30,?'^9

31.6e9

3.'WA

5.790
5.901
5.901

2*3
279
279

5.507
5,622
5,622

2,179
2,179
2,179

35.737
35.827
36.68U

32,118
32.100

3.619
3.727
3.8'A

5.901
5.901
5.905

878
277
275

5,62J
5,62U
5.630

2,179
2,179
2.179

36,723
37,075
3«.0l6

3.891
•.251

6.550
6.359
6,360

276 r
275
275 p

2,179

6,792

2.017

'••775

2,>t58

J1117

'•3.186
'»3.317

6,88>t
6,9'i6

"•.853
lt,93U

2,lll(l

S«pteaber.

'•3,1*80

7.053

2.031
2,012
1.990

5.063

2.'^35
2,1*17

October. .
HoTembcr..

•3.560

7.083
7,18«

0«cafflbar..

'•'•,i4;e

7,3'»6

1,982
1.975
1.976

5.101
5.209
5.370

2,328
2,200
2,179

.

'•5,320

7,llOU

5.'^26

.

'•5.535
'•6,581

7,529
7.718 r

1.978
1.995
2,035 r

'•6.673
'•7.160

7,771
7.906
8.1S2 p

2,o6U
2,072
2.072 P

5.707

April.
May...
Jona.
Sourcaa:

i
5/
5/

'«.387

5.83'»

6,120

681

'•,3'>2

'«,377

5.683

PnMlc

150

19lK>-Jiui«.

5.53''

Public
aarke table
Issues

Pabllo nen^
xketable
Issues

!*/

'•.718

igUi.

194l-Jaaaar7. .
Jabroary.
March

Private
InTeetore

'.123

30.063
29,560
31.736
33.127
38,016

'•3.707

S. OoTernaent a^ncies
and tnxet funds and
federal Reserre Banks 2/

U.

62

35.800
36.576
39.886
12.377
Us, 387

igw.

Total
asount
out a landing

^

1,261

1937193«.
1939.

U,lt52

Issues

1.998

19351936.

626

Public

arke table

2,'^32
2.'^33
2. '•30

27, Pt?

32.989

Distribution by classes of holders

2.56'^

2.551
2. '•58

28,00lt

:

32,8llO r

32.832
32,82lt
33.'i62 p

••.55^

'•.853
5.'i50

5, '•98

5.16U
5.213
6,085 p

:

6.27'» r
6,08l»

6,085 p

Sally Treasury Statenents; (2) Securities held by (7. 3. OoTemment a^nclee and tniet funds* reports of the
(1) Total asotints outstanding:
agencies and acco.ints with the Treasury; (3} Securities held by Federal Beserre Banks: Taderal Saoerra Syatem.
Preliminary.
Rerlsed.
Excludes obligations sold directly to the Treasury.
Xxcludes Szchange Stabilisation Vund.
Figures shown for June 30 of *ach year are as of the end of the month. Other figures are ae of the Wednesday nearest the end of the month.
The total amount of securities held by prlrate Investors Is calculated by deducting from the total asount of securities outstanding, the
securities held by T7. S. Oovernment agencies and trust funds and by Federal Reserre Banks.
Includes public non-marketable Issues which hare not at any time aggregated as much as $500,000.

Net Market Purchases or Sales of Goveminent Securities for Treasury Investment Accounts

i/

(In Bllltona of dollars)
Bet market parch:isee or salea (-)
Jan.

Feb.

Mar.

Apr.

119. c

11.9

Jons

JiOy

Aug.

Hot.

Dec.

Sept.

Oct.

3.9

2U.'*

U.8

12.5

8.9

3.7

.8

1.2

-3.9

38.5

1.0

.U

6.5

-lK).U

5.0

3.0

3.3

-1.2

-2.8

-3.2

-1.6

.'•

.9

71.9
-.3

-U.U

-.3

-1.1

-.7

-.2

.1*

1937.

lU.l*

5-7

1938.

-12.0

-3.0

23.3

2.5

1939.

1.6

.1

-12.5

-37.1

19'«.

-9.5

-20.9

-5.7

I9i^l.

-2.8

12.0

1/

May

2.0

Treasury InTsstment accounts comprise (1) trust funds which by law are under the control of the Secretary of the Treasury or of the Treasurer of
the United States, and (2) accounts under the control of certain U. S. OoTernaent agencies whose InTestments are handled through the faellltlat
of the Treasury Departaent.

-15.'^

30

Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by tho United States, May 3i, 1941

The following

May 31, 19'H,
States.

of

tables
the

pr«eent eummary

ownership

The large oommerclal

the survey account

Oovemment

and

for

of

and

data

from

Treasury survey, as of

securities Issued or guaranteed by the United

savings banks and Insurance companies covered in

approacimatsly 95 percent

of

Oovernment-guaranteed securities held

companies in the United States.

the

the holdings of United States

by

all

banks and Insurance

The holdings of Government agencies and trust funds

are reported separately this month for the first time.

In previous months they were

included with the amount 'Held by all other investors"; therefore, the amounts shown

under

the

latter caption this month

are not comparable with the figures shown for

earlier montbe.

Table I.- Analysis of Ownership by Type of Security, by Call Classes
and by Tax-Exempt ion Provisions
PART

31

Summary Data from Treasury Survey of Ovnership of Securities
Issued or Guaranteed by the United States, May 31, 1941 - (Continued)
Table I.- Analysis of Omershlp by Type of Security, by Call Classes
and by Tax-Exemption Provisions - (Continued)
FART B - FERCENTAOS DISTRIBUTION BY CLASSES OT SECURITIES

Cl«»lflo»tloa

.

32

Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, May 31, 1941 - (Continued)
fitummary

Table II.- Distribution of Ownership for Bach Issue Outstanding
PART A

-

PAR VALUES IN MILLIONS Or DOLLARS
Public marketable Interest-bearing aecurltlea 1/

Held by banks and Insurance con^anles
covered in Treasury survey
ISBUe, classified by
tax-exemption proTlslon

Total
amount
outetandlng

6,323 banks

723 lasurancQ companlee

Held by
OoTarnment

582

5.832

Total
Total

U9I
BlUtUAl

clal
banjcs

savings

total

'banks

201
llf«

fire:
trust fxmdfl Investors
casaaltT-,
2/
Insoranctt and narlna
coiq>aal«B InvaranGc

ooiBpanls*

Wholly exempt from federal Income taxes 2/
Notes
l-3/a!S June

I'jkl

1-1/I<j6

I9U1
igUa

2U
20U
U26

September igkz
December igUS
19U3
1-1/856 June

3U2
232
629

September I9U3
19UJ
igUft
Karch

19ltU
June
September I9IA
19U5
March

l-3/l4)t

December
March

si

l-3/l<j8

li

1-1/Sit December

if
3/lt)t
lj(

jm

Total notes,

Bonds
Postal savings
Panama Canal .••
Conversion.

•..>...••..•••••

Total bonds

Total wholly exempt from Pederal
income taxes

II.

2

*

71*

2
68

6

223

198

25

128
103
322

97
87
305

82

16

77
289

9

280
U21
515

199
195
291

19U
158
283

186
1U6
275

1H6
283
718

256
,33

250
.^^

1*80

1150

"t-itgi

2.3't6

2.155

117
50
29

15
1

196

16

16

16

U.687

2.363

2.171

2.057

llU

560
253
772

1*27

3'*1

86

191
585

137
513

55
72

62
187

896

656

571*

1*26

355

l,21>t

783

560

1*78

81
71
82

2l*0

630

223

189
15s
178

320

489

UlS
316
636

286
lUU
J38

33
55
96

96
117
202

100
168

89
86
23

157
171

lUl
25

21*7

17

16
23

?6
17

11
16

2U
8

6
8

1*

13

3
30
2

2

7

6

37

9

8

2l*3

7

1*

2

7
1

3

30

U

30

20

10

llU

191

122

19U1....

g3U

af,

June
3-1 »» October

19'*3-'»7.

I45U

19U3-U5.

LllOO

^
2-3, ^

19U11-U6.
ipril
December 19Ull-Sl».
September I9U5-U7,

1.519
1.037

December
March
June

19U5....
19U6-56.
19U&-4S.

1.036

June
October
December

I9U6-U9.
19U7-52.
19U7....

819
759
701

U79
1*06

322
235

560

1*85

1*62

March
19U8-5I.
2-1 2$ September 19Ug....
December I9U8-SO.
2*

1.22U
151

900
357

653
280
397

512
255
366

3-1 Sf, December 19U9-52.
2-1 2i December I9U9-53.
September 1950-52.
2-1,

1)91

378
1.195
876

232
931
659

151*

1.167
290
797

691
195
723

1*71*

2-1
>:3,

Sfi
ll!t

9l>
Itjt

4'
2-3,

^

^
%'' ^
2-1

Iff,

June
1951-5'*.
September 1951-55
Decauiber I95I-53.

June
2*
2-1 Ml June

571

1.786
1.186
1.627
755

1.118

1

192

70

217
gU
69

1*76

UlU

9U

75
58

570
387
506

51.2

28

3U1

1*6

333

173

21*7

1,03'*

UlU

31*2

67
57
72

273

671

315
263

620

t^
489

17.621

12.055

9.818

2,238

5.566

l*.'*71

1955-60.

2,6U

1.073

September I956-59.
2-3 l^t June
1958-63.
1960-65.
2-3, 1^ December

982
919

587

March

Total Treasury bonds.

27.1*15

1*5

111
655

6o2
523

^

209
66

110
219
177

725

^

78
66

132
112
53

265
217

6a

2-3,

75

66

78
172
150

195'<-56.

2-7,

31

20I*

109
He
138

ll*6

1953-55-

jl

15
1

V

3-3,

7
6

1

Partially exempt from Pederal Income
taxes
Treasury bonds
3-1 \^ tatgaat

6
6

12

2,0l*2

759
509

2o6

71*

136
567

1*08

Held by

Blondes and all other

17
108
1*63

33

Sunmary Data from Treasury Survey of Omershlp of Securities
Issued or Guaranteed by the United States, May 31, 1941 > (Continued)
I'able II.-

Distribution of Omershlp for Bach Issue Outstanding
PART A . PAR VALUES

laraa,

t«a

elutlflcd >/

tn^tl«B

proTlilsB

III

MXXJJONS OT DOLLARS -(Continusd)

-

(Continued)

3*

Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, May 31, 1041 - (Continued)
Table II.- Distribution of Ownership for Bach Issue Outstanding
PART B

-

-

(Continued)

PERCENTAaS DISTRIBUTZOB BX aROUPS Of INVESTORS
Public narketabls Interest-bearing eecnrltlee 1/

Held by banks and Insurance companies
covered In Treasury surrey
6,323 banks
Iflsus, claaaiflel by
taz-exonption proTlelon

I.

Wholly exempt from federal Income taxes 2/
Votes
19U1
1-3/8)6 June
l-l/ltjt December
I9U1
l-3/l)i6 March
l$kz
September Ijte
December 19U2
l-l/«)t June
19U3
251

Total
anount
outstanding

,

,

l-3/li{6

100.0
100*0
100*0

September 19U3
19U3
19IW
March

100*0
100.0
100.0

1%

June
19^
September I9UU

3/lt)6

March

100.0
100*0
100*0

Ijt

1-1/8)6 December

li
3/l<)6

19>t5

100.0

Total notes

Bonds
Postal saTlngs
Panama Canal**,, •••••• ••••••*•••••••<
Conversion*
*
Total bonds
Total vholly exempt from Tedaral
Income taxes
II.

100.0
100.0
100*0

Partially exempt from federal Income
taxes

V

Treasury bonds
3-l/>lj6

3-3/8)6
3-l/l()6

August
June
October

19U1
19''3-'t7

19U3-lt5

19Wt-lt6
Vl/")^ iprll
December 19U1;-^U
2-3/U September 19lt5-U7

,

-

,

,

^

2-1/2)6 December
5-3/l))6

yH

„

March
June

June
k-l/^ October
December
2)6
3-1/8)6

19U5
19U6-56
19U6-li8
19^6-1*9

l^k^-^^
I9U7

iglW-Sl
2-l/g6 September 191*8
Deccaber 19>t8-30
2|(

,

,

,

,

,

,

2-3/11^ MareJi

19U9-52
3-1/8)6 December
2-1/2)6 December
igUg-JS
2-1/2)6 September 1950-52
2--}/kf>

3^

1951-5't
June
September 1951-55
1951-53

2-l/l()6 Decesiber

2)6

2-l/"t)6

June
Juno

2-7/^ March
2-3/l|)6
2-3/ll)6

2-3/'()6

1953-55
195'i-56

I955-60

September 1956-59
June
1958-63
December I9G0-65

Total Treasury bonds

-

Total

Total

U91
5.832
coBBer- BUtual
clal
saTlngi
banks
banks

7S3 Insurance companies

Held by

GoTemment
Held by
582
201
agencies and all other
fire,
life
trust
funds
casualty,
Investors
Total
Insurance and marine
companies Insurance
companies

35

Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, May 31, 1941 - (Continued)
Table II.- Distribution of Ownership for Each Issue Outstanding - (Continued)
PART B - PEBCENTAOE DISTRIBUTION BX OROUPS OF INVESTORS -(Continued)

ItBue, clas«lfl«d bj
t«i-«ie^tlon proTlilon

GOVERNMENTAL CORPORATIONS AND CREDIT
AGENCIES OF THE UNITED STATES

-36-

U
U

U

U

U

.

.

u

37

Assets and Liabilities of GoMsrnnental Corporations and Credit Agencies
May 31, 1941
(In Kllllona of dollftrt)

Int«rac«nc7 aatatt

InTeatB«Btt

Total

RmI

Proforrod
ccpltKl

Ca«h

took.

1/

• tc.

U.

3.

I

OoTemiftcnrltlftt

Banks for cooperatlraa
Co88Eodlt7 Credit Corporation.
Disaster Loan Corporation....

129.
1.065.3

ll«.8

23.1

30S.O
18.8

1.0

22.6
16.7
IgU.J
287.1

16.2
llU.l
262.9

.1*

510.5
18.7
55^.7

'*7.5
5l».5

13.6

U18.6

Federal Fan Mortga^ Corporation
Federal bone loan banka
Federal Houeloc Adalnletratlon.

l.'t7l.5

633.6
1U5.3

lU.g
85.3
13.7

lOt.S

Federal Interaediate credit banks
Federal land banks kj
Federal Satlonal Mort(ae« Association...

21*6.7
313.5
2.235.7 l,82U.O
198.5
192.3

nectrlc Bone and Fam lutherltj.
Zzport-Iqport Bank of tfaiMn^on.
far* Credit Adalnlitratlon

fam

Securlt/ Adalnlitratlon
Federal Crop Insurance Corporation
Federal D^oilt Inenranoe Corporation...

288.?
8U.5

Federal Prison Industrlss. Incorporated.
Federal Sarins and Loan Insurance
Corporation
Hone Owners Loan Corporation
'

Accotmtt
ukd oUi«r
recelT-

ti*a

Oalt*4
Stat«»
8.7

Coital

••-

•tock In
OoTeraaantal
aental
corporaprop«rt7
tloaa ukd tions and
a^MLclat
t«t« and
eth«r

Vc» from

3/

7.5

1.2
62.9
3.6

3

.1

6.3

10.0

681.1
.2
.1

.2

69.9

.1

19.9

.1

1*.2

29.

.7

32.9
10.8

7.9

17.3
U7.9

10.0

3.6

130.6

.7

2,59l».0 1.885.1

182.9

OtbOT
aseoti

39.6

761.7

1^.5

U.U

".5

12.

.1

32-3

36.0
3.1

97.11

25.0

28.1*

103.0

91.1

261

1.2

2.2
169.1
U.2

5.7

1.2

U.O

1.9
5.9

2.8

.U

19-3

10.

11.2
9.3

.1

79.2
1.3
1.2

100.0

326.2

I

^

Inland Vatervays Corporation
Interior Departaent (Indian loans)..
ITatio&al defense corporations 6/.
.

25.0
2.8
230.0

.

U.l

.It

IPaaajBa Railroad Company

^

95.'*

216.3

13.7

53-7
111.0

Production credit corporations.
Public Vorks AdBlnlstratlon

.1

2.8

I

10.9
5.0

1(2.3

63:1

63.01/

50.7

8.3

.5

39.7

3

.1

•

2.1

.2

95."*

Piiarto Blco Beconstructlon
I
'

'

Adf^inlstratlon

U.o
7.3
2,667.8 1.070.2

Hsconetnictlon Finance Corporation..
Be^looal a^lcultural cradlt
corporations

22.3

1.2
1*32.3

6.U

2.1
620.lt

23.8 2/

351.7

U7.O

15.5

I

5TC Mortfage Coopanjr

7't.l

nectrlflcatlon Adalnlstratlon.
Terj;eesee Valley Authority
R'.iral

Toncessep Valley Associated
CooperatlTss. Inc.
'*3lted States Roueloc Authority
United Ststes Marltlas Comslssloa

^

Adjustsont to sllalaate interaceney
Interests
1st total.

1*5.5

288.0
33.0

2.1)

?-^
6.7

l'i.7

12.1*

378.6

1.0

127.5
37.7

1U.6

252.8

273-0

27.6

.3

.

Cross total

281.3

1103.0

Var eacrcency coi^oratlons and agencies
(In liquidation):
Sary Departsont (sale of surplus var
supplies)
Secretary of the Treasiiry
(3. S. Ballroad Adalnlstratlon) . .
TJnltsd States Housing Corporation.
United Statse Spruce Production
Corporation

Other OoTernfflOntal a^nclas 8/.

70.

298.9
UOI.O

6.2

2.6
UU.>;

U.U

k.h

.1

.1

1.8

.6

1.2

.1

.7

351.6

20.

27.3

23.7

15.312.5 8,098.2

WW.I

"63.9

780.1

125.2

888.8

51*9.2

621*.

bUo.l

U63.9

780.1

125.2

888.8

5U9.2

621*.

.1.1*3.2

13.869.3 8.098.2

(Continued on next pafo)

991.5

U5I.7

-991.5

-U5I.7

1,699.8

1,699.8

U

6

8
S

.

6
7

3«

Assets and Liabilities of GowrnE»ntal Corporaticns and Credit Agencies
May 31 » 1041 - tConilnued)
(Zm

alUtut

of Atllart)

Llakllitlci and r«Mrraa

Fropriatarr latoraot

Onal

Liabtlltlas

Ooaimn-

Total

United
States

Bat
caara>t«ad \>j
tTnltad

Statai

2/

Banks for oooperatlToa
Commodity Credit Corporation.
Disaster Loan Corporation....

13.8
965.0

Eloctrlo Horns and Tarn Authority.
Xzport-Ia^jort Bank of Vashlngton.
Tarm Credit Admlolatratlon

696.9

Du

Ixoaai of
aaooti

t*

OoTamaaatal
eorparatlons and
a^uietos

.2

11.2

25.U

1I40.I

.1

.1

15.5

15.2

Prl(Total
Tatolj
proprlataij owaai
lateroot)

2.U
102.6

115.6
100.3
22.5

.3

.3

220.

220.

7arm Security Administration
federal Crop Insurance Corporation
federal Deposit Insurance Corporation...

28.1

federal 7ara Mortgage Corporation
Tederal home loan 'banks
Tederal Bouaiag Administration

1.371.5
IOU.8
ao.9

Federal Intermediate credit >>anks
Federal land banks U/
Federal National Mortgage Association...

229.1
i.goi.g
179.9

Federal Prison Industries. Incorporated.
Federal SaTinge and Loan Insurance
Corporation
Home Owners Loan Corporation
*

Inland tfatervays Corporation ^.^.
Interior Department (Indian loans).
Hational defense corporations 6/...

^

Panama Railroad Con^any
Production credit corporations.
Public Vorks Administration....
Puerto filco Bseonstruction
Administration
Raoonstruetlon Finance Corporation.
Regional agrlciiltural credit
corporations

1.6
2,U85.9

5.3

1,276.6

50.0
lOU.g

1.8

•

3/

U/

^
6/

Jj
8/

2/

.3

9.1
66.

381t.7

384.7

38lt,

lU.O
289.3

it3J

100.0

llt.O

139.3

150.0
100.0

58.7

12l*.7

220.7

3-5

.1

63.6

63.6

.8

gU.U

33.t

1*33.9

18.6

8U.U
213.2
18.6

9.7

9.7

129.0
108.2
23.9
2.8

lU.O
150.0
100.0
12U.7
63.6
60.0
67.5
10.0

11*5-7

129.0
108.3

100.0
200.0

29.0
-91.8

12.0

11.9

27.0

-2.5

7.0
105.0

ltlt.6

2l*.l*

8.6
5.6

205.5

2.7

202.8

2lt.5

2.1

1.8

.3

.7

.u

51.6
110.3
110.

51.6
110.3

95..4

95.1*

125,0

7.3
531.9

7-3
531.9

1.1*

20.8

20.8

5.0

15.8

25.3
116.8
325.8

25.0

.3

3.0

25.3
116.8
325.8

137.6

137^6
160.6

2,U38.2

l.7't5.2

220.3 1/

U5.U

.1

1.5

15.0

U7.2
182.1
57.2

.6

75.1

1.6

US.

226.7

209.8

5-H
32.6

160.

.

1/
2/

.9

175.0

66.3

23.9
2.8
2U.5

307.«
2U2.U

Source:

1.2
18lt.l

.3

^

Het total

.3

27.3

Tennessee Valley Associated
Cooporatlves, Inc.
United States Housing Authority...
tblted States Maritime Commission.

Adjustment to eliminate Interagency
interests

-1.5

.8

1S2.1
75.2

Oross total

19.5

2l*.0

1.2

183.lt

.7

91.5
100.0

.It

.1*

6, 1)01.0 2,

79^.6

862.7

-991.5

-991.5
10.058.3

991.5

6,1(01.0 2, 79'*.

It,

95.1*

7.3

325.0

206.9 1/

116,
325.

136.6
160.6

k.k
.1

1.8

1.8

3'*.1

-32.3

.3

.3

.1

.2

423.3

-1*51.7

862.7

5.3

.1

262.

3,811.0

U23.3

U.l

2.8

lt.lt

3i2.lt

39.2

39.2
11,0119.8

Boa-

took

66.3

U.2
260.1

90.lt

Sarplaa

ISll.l

228.3
1,767.7
89.5

17.3

took

1.1

BFC Mortgage Company
Horal nectrlfication Admlnistratloa.
Tennessee Valley Authority

Other OcTorsmental agencies S/.

111.0
100.3
22.5

digital

Stateo

1.6
20.U

2.135.9

Var emorgency coporations and agencies
(in liquidation):
HaTy Department (sale of surplus war
st^plles)
Secretary of the Treasury
(IT. S. Railroad Administration)...
United States Housing Corporation.
United States Spruce Production
Corporation

97.7

.5

265.U

it.6

Total

^ Thatad

l*.U

.1

288,

312.1*

23.7

3.839.1*

1.782.3

536.5

-U51.7

-1*50.7

-1.0

3.387.7

1,331.6

535.5

1,520,

1,520.6

D&ily Treaaury Statanent.
La.e than $50,000.
Zxcludas unejqjendad halane.a of appropriated funda.
Includaa dapoaite with the Baconatruction Tinance Corporation and l&taraat thereon.
Includaa paid-in auxploa.
Includea the aaaets and liahilitiea of the federal Land Banka of LoulaTllla and Eouaton which have retired atock and paid-in aurplua
prevloaely held b/ the Federal OoTemment.
Ti^urea are aa of March 31, 19^1 for Panaoa Railroad Contpany and as of April 30, 19^1 for Inland Watarvaye Corporation and for
Tenneaaee Valley Aaaociated CooperatiTea. Ine.
Con^riaea Defenae Hoaea Corporation. Defenae Plant Corporation, Defenae Suppllea Corporation, Matala Eeaerre Company, and fiubher
Reaerre Company.
Adjuated for intera^acy iteme in tranalt.
Conqjrlaea Treasury Department and other OoTemfflantal agenclea not Included In thla atatement.
Obligations held by the Secretary of the Treaaxiry are claaaifiad under "Due to OoTemmental corporatlona and agenclea".

39

Sources of Funds of Certain Govemnental Corporations tmd Credit Agencies
for the First 11 Months, Fiscal Year 1941

Corporation or mfaof

itO

Uses of Funds of Certain Governmental Corporations and Credit Agencies
for the First 11 Months, Fiscal Year 1941

Coiporatlon or agency

«u

Sources of Funds of Certain Govemnental Corporat lens and Credit Agencies
from Inception of Organization through May 31 , 1941

Corporation or aeancj

42

Uses of Funds of Certain Governmental Corporations and Credit Agencies
from Inception of Organization through May 31, 1941

Corporation or agency

k

6

..
.

2

'*3

Principal of Outstanding Interest-Bearing Obligations Guaranteed by the United States^/
(

tnd of fiscal
X«ar or Bontb

193h
1935
1936
1937
193«

Total
unmatured
obligations
outstanding

Concodlty
Credit
Corporation

notM

680.7
U,122.7
It. 718.0
it,66U.6

In Billions of dollars)

?eder&l fara
Mortgage
Corporation
bonds

311.6
1.225.6
1.U22.2
1.U22.2
I.M09.8

1939

5.U50.O

206.2
206.2

19110

5. ''97.6

>I06.8

igui

6,359.6

696.2

1,269.

tio6.8

1.269.l>

11.852.7

19l»-JBnr

ITedsral

Bousing
Administration
debentures

1.379.|t

Hone Owners'
Loan Corporation bonds

Heconetruetlon
71 nance
Corporation
notes

United State
Rous log

Authority
notes

23U.8

2.6
^•5
17.»

2.6H7.3
3.0UU.2
2,987.1
2,937.2
2,927.9
2.603.3

21t9.8

2^.6
255.2
298.9
819.7

11I1.2
111*.

2.1)08.9

1.096.''
1.7'H.''

7.5

2.603.3

1.096.11

U>t.2

226.3

July
Ai^ust ....
Septeaber.

5. ''98.

1I06.8

1.269.''

S.I'

2,6o3.U

1,096.H

Ull.2

5.788.U
5.787.2

696.2
696.2

l,269.U

8.8
9.1

2.603.!'

l,096.i»

2.601.8

1,096.5

n't. 2
n't. 2

October.
loTeaber.
Oeoeaber.

5.790.5
5.901.0
5.901.U

696.2
696.2
696.2

12.3
12.6
12.9

2.601.8
2.599.«
2.599.8

1.096.6
1,096.7
1.096.8

Ul'.2
226.3
226.3

696.2
696.2
696.2

l.2e9.b

12.3
12.6
16.0

2,599.8
2.599.8
2,599.8

1,096.8
1,096.8
1.096.9

226.3
226.3
226.3

1,269.''

16.6

2,599.8

1.7l'1.3

1,269.U

17.1

2,!i08.9
2,li08.9

1.7U1.J

226.3
226.3
226.3

.

February.

5.900.8
5.901.1

ttareh

5.90l».6

^ril.

fe.sitg.e

Mey...

6.359.2
6.359.6

Seuieei

y

696.2
696.2
696.2

l.269.lf

1.269.U
1.269.''
1. 269.1*
1.269.''
1.269.!'

1,269.11

l.7'»l.*

Dally Treasury Stateaents.
kreludas obll«atieas sold dlraetly to tba Treasury.

Market Financing Operations Conducted by the Treasury for Agencies Issuing
Securities Guaranteed by the United States
(In llllona of dollars)

IM^

Maturity Schedule of Securities Guaranteed by the United States^
As of June 30, 1941
(Afflount

Clesstfled

^ ye&r

In vhleh Issna

In millions of dollars) 2j

INTERNAL

REVENUE

-1^5-

STATISTICS

^6

Sunnary of Internal Revenue Collections
(In thoueaxuie of dcllara)

Tlscal year
or month

»»7

.

'

i»8

Detailed Analysis of Current Internal Revenue

Ck)l

lections

(In thousand! of dollarB)

Collate fiscal year

Month of June

19llO

Inooaa taxes:
Corporation
Current
Back
lodlTldual
Onrraat
Back
Ixoesa profits
Declared ralua excess
profits tax
Profit Halting proTlslons
of Tlnson Act
Xxeass profits tax (Second
BsTanua let of 19ltO)
Total incoise taxaa

I9IW

IS"*!

SU3,gOZ
i6,g6a

uita,$86

27.507
303. 30U

6,7U3

8.595

958.261
163.331

1.61*9.027

891. 75U
90.363

1.3lU,366
103,389

202,961

3.219

3.190

17.0U7

25.919

310

27U

1.'I27

3.157

Jt65,i(03

8U7,g63

2,121.073

3,1*62,028

l6l*,309

61,807

753

553

8.536

9.095

Miscellaneous Internal revenua:
Capital atoak tax

U79

350

132.739

166,653

19.731

30.071

330.886

355.191*

779

528

39.185

51. 861*

Batata tax

tu

llcohollc beTerage taxeat
Matllled eplrlta
(laported, excise)
Distilled spirits
(domestic, excise)
Distilled spirits
rectification tax
Wines, cordlala. etc.
( Imported
exclee)
Wines, cordials, etc.
(domestic, excise)
Brandy xiaed for fortlf/lng
sweet vines
Dealers In distilled
spirits; rectlflara;
aanufacturere of stills
( special taxes)
Stasps for dlatUlad
spirits intended for
,

3.930

2,7U8

27.871*

3U.890

32,2U9

37.831*

289,858

393.752

1,388

1.295

11,851*

13.U60

113

19

650

378

9«6

i.igu

7.U10

11.01*5

292

186

1.307

1.396

1.610

1.963

6,287

7. 972

ejqjort

Case eta^s for distilled
spirits bottlsd In bond...
Container staaps
Tloor taxes
Tormented malt liquors
Brevers; dealers In malt
liquors (apeclal taxee)...

Total alcoholic berera^
taxaa

Tobacco taxaa:
Clears (large)
Cigars (small)
Cigarettes (large)
Cigarettes (saall)
Snuff
Tobacco (ohevlog and
smoking)
Cigarette papere and tubes..
Leaf dealer penalties, etc..
Cigarette floor taxee
Total tobacco taxaa

lOU

lOU
1.068

91lt

29.160

29
33.881

1,089
10,135
12
361*, 579

316,71*1

65U

809

3.197

3.955

71.'»5U

80,976

b2U,253

820,056

1.039
10,123
25.3ol»

,

Total etaq> taxes

Coaplsta fiseal Tsar

Manufacturers* excise taxee
Lubricating oils
Gasoline
Tires and Inner tubes....
Automobile tracks
Other automobiles and
motorcycles
Parte or accessories for
automobiles
Electrical energy
Badlo sets. etc. (Including
tax on phonograph records
repealed as of 7/I/38)...
Mechanical refrigerators.
flreanaa, shells, and
cartridges
Pistols and revolTsre
Toilet preparatlone. etc.
(Including repealed

^

tax)

Hatches (including
repealed taxee)
Espealed taxee not llitsd
above

Hiscellaneoufl taxes:
Bituminous Coal Act of 1937
Sugar Act of 1937
Telephone, telegraph,
radio and cable facilities, leased wires, etc..
Transportation of oil
by pipe line
Leases of safe-deposit

boxes
Admission to theaters,
concerts, cabarets, etc..
Club dues and initiation
foes
Adulterated and processed
or renovated butter,
mixed flour and filled
cheese
Oleomargarine, Including
special taxes
Narcotics including marihuana and special taxes..
Coconut and other vegetable
oils processed
Rational Tlrearas Act
All other, including repealed taxes not listed
above

19>W

I9IH

38,221
3U3.021

2.925
31,086
U.168
627

U.OIO
39.583

31.233
326,187

U,3l*3

1*1.555

361

7,866

:%

5.867

5.111*

59.351

81.1*03

1.623
U,o6o

1.077
3.351

10.630

13.081*
1*7.021

617

535
3.022

1.381*

1*2.358

6,080
9.951*

6.935
13.279

UlU
18

^1

3. 708

5.536

90

«5

1.139

U9I*

7.758

6.683

39

•

Total manufacturers
exclee taxes

19U1

22

95

316

190

1*1*7,088

617. 35I*

867

51.391
1*15

U.162

6.^5

5.01*6

68.11*5

71*.

2.635

2,197

26.368

27.331

1.01*1

1,362

11.511

12,ll81

1*3.

U,522
698

157

183

1.989

2,216

1,6I)£

5,881

21,888

70.963

606

682

6.335

6.583

3

2

27

30

323

317

2,011*

3.132

216

231

610

690

1,865

1.7l*l»

22,71*1*

7

9

13

23,186
16

15.326

17.965

165.972

221*, 87I*

311*. 81(0

251.01*3

2.377.322

2.973.129

2,673

3.158

605.350

687.327

681

8O6

106.133

100,658
787,985

,

l,0>i8

1.151

5

8

1

1

52.695
522

60,131
527

U.U59
86

13.898
97
17
533. 0U3
6.799

13.U01
llU
12
616.667
6,900

54.381*

5U.938
I.U3I
13

11)2

1.279

1

2
79

1

58.817

66,l«8l»

608. 5I8

I*,6l2

698,

on

Staiqp taxee:

Bonds, lesues of coital
stock, deeds of oonTejance etc
Trmnsfsrs of cepltal stock
and similar Intsrest salee
Playing cards
SllTer bullion ealas or
transf srs
Salee of produce for future
dellrery (repealed aa
of 7/l/3«)

13^

19l»l

Tax on unjust enrlehaent

»if»

Month of Juna
Soorcae of revenua

SonrcBB of r«vsnu«

1,683

1.990

18,11*5

32.073

925
U59

15.538
U.SlU

13.176
U.757

Total miscellaneous
internal revenua

ni^loyment taxae:
Social Security taxes:
Tederal Insurance Contributions Act (Old-age
ineurance)
Tederal Unemployment Tax
Act (Unemployment
insurance)

36

Total Social Security taxes

3.351*

3.96I*

711.1*73

Carriers' Taxing Act of I937.

12.7l»9

8.633

123,01*8

Total ea^loynent taxee

16,103

12.597

833.521

697.099 1,111,1*56

5,31*0,1*53

igi*

9

U.387

Total mlscellaneoas taxes..

3.378

38.681

39.057

Total Internal revenua

CUSTOMS

STATISTICS

_iV9

a

.

50

Customs Duties and Taxes Collected, and Values of Dutiable and Taxable Imports,
Estimated by Tariff Schedules
(In tboaaanda of dollara)
Z)Qtl«« and taz*i

Calandar j9»r
1939
Chemicals, olio aad paintt
Xarths. aarthonvare and glaaevara
Metal* and aanufacturea

19,631*

10,79U
25.7>t9

Wood and aanufactiarea
Su£ar, Bolaaeea and Banafacturea 1/
Tobacco and aanufacturea

19I1O

ISkO

kpT.

12,355
g.«06
31.161

1.203
681

July

Mar

2,22>t

1.303
758
2,368

2,096

1.723

131

187

U6,n«

>I2.826

lt,K)9

U,l6l*

tag.

73'»

l,lo6
772

731
781

2.300

2,ll06

3.'»62

'1.39'

l.''35

138

19^(1

S^t.

Oct.

Sot.

tee.

61*9

85"

667
2.637

3. '•95

621
785
3, n't

802
e5U
3.229

935
583
2.796

152
1,816
1,828

11*8

160

3.586
2,002

't.399

U,l*95

'*.35U

1,610

1.723
1*81

73'«

I.8O7

2.026
't.737

3.208

SpirltB, vinea and other bare ra^
Cotton oanufacturaa

3U.206

U,655
2.308
628

2.571*

5. '173

2.923
2,059

3.121

3. '153

611*

573

1*08

U69

2,168
U80

3.57'*
3.89'!

1*76

605

511

1*1*0

nax, hasp, Jute and manufacturaa

10,829
33.62U
2,775

10.255
51.601

6i«

861*

721

52U

858

90s

79I*

822

2.798
205

2.956
136

2,79'!

3.1169

10.661*

9,831*

IS't

155

207

655
10,820
IU8

838

3.025
163

5,W

707

2,llt«

1.091
2,930
13U

136

139

3,090
2,152

IM

gl*

121*

91*

31
70

1*6

122
2.335

60
117
2.133

1*6

110
2.375

50
99

35.21(5

1,260
1,278
29.558

1.852

2,086

1.796

325

281

15

21

20

29

62

5^3
130

1*27

3

550
2U9
k

575
226

6

Manufacturea of ra^n and othar oTnthatic
tertllaa
Pulp paper and booka
Sundrlea
,

Mlacellanaona 2/
Tree Hat 3/1
Crude patralvoB
Tual oil, etc. kj
Motor fuel and lubrication ell

Paraffin and other patroleuB vax product
Seed olla
Oil aeeda

1.569

3,801*

3.888

1,1109

2,1*55

90
8U
1.990

2.361

17

27

18

25

13

1*9

16

582
206

5U3

576
395

591
1*70

328
275

3U1
285

'»37

3'i7

1

20

3

5

3

1

1

13

15
18
22

2

16
23

20
17
19

29
23

700
19

1.285
22

3.008
22

1.366

1.990

u.ooi*

328.352
u,i(a3

3I8.267 25.765 25,986 27.903 23.562 22,687 22.'*Ul 28,796 27.313 3l,oi*« 31.987
+11,265
+7l'»
265
198 1,663
9U3 186 *575 610 -1,265 +1.270

32.6U2
-1.012

1,201

332.835

329.532 26,1*79 26,251 28.101 25.225 23.630 22,627 29.371 27.923 29.783 33.257

31.630

39.950

5,8Ul
1.570

5.521*

1*20

3.332

238

13

59

3«U
2.333
399

7U7

127

16

535
285

5

1*2

32
37

15

55

17

12

65
U3
16

601
19

335

680
25

1.073
22

1

2

67«
200

6.153
235

11,W28

.

.

Total dutlea and taxea aa reported in
iKlly Treaaury Statement

227

21

l6.95l»

8U5

827

1.388

I.2UI*

Calendar year
1939

191*0

June

July
3.071

38

11

2.530

2.097

2,119

1.505
6,13U
3.169

1.753

709

lt.980

5.601

3.366

:.6ll*

690
3.623
2.881

3.21*9

9.201
2.355
1.327

9.035 12.860 12.372 10,966 11.808
i».967
3,1*83
6.1*32
5.1*31
2.565
1.369 1,388 1.751 1.531 1.26U
6.2U9
5.01*8

5.701*
7.61*2

295

395

I7.''6l

1.180
9.589
3.010

1.707
9.162
3.292

1.51*6

l.'t55

9.356
3.111

9.168
3.167

11*7,228 13.911 15.560 11.028

9.1*95

1.91*5

53.809
20,106

3.778
1.795

".357
1.761

9.250
1.599

3.388
1.163

68,033
77.829

U.032
U.720
313

6.111

i*,899

7.971

'1.1*69

".677
259

l«,8l*6

3.1*59
it.Uig

255

287

1*01

77

1*83

1

38,7'»9

191*1

1.392
7.259
3.525

17.002
90.5"3
35.999

l*,07l*

32

21*

8,798

Wood and manufacturea
Sufar. molaBoes and manufacturea 1/.
Tobacco and manufacturea

U9.27I
5.286

965

2,U67 2.91*0
1.966 1.972
9.762 10,11*2

U.592
1.888
8.591

765

961
22

2.896
1.6U7 1.902
8.633 10.199

U.722
I.8I9
8.287

5'*.

1.392
25

2.11*7

1.629
7.689

Tlax, hemp, Jute and manufacturea.
Wool anil moniifacturea
SI ^Jc man'if ac turee

19

2,876
1.879
8.566 10,103

1*,029

27.281*

llO

Sept.

1*1, 20U
22,336
102,303

173.808
59.076

2.009

11*1

4u£.

56,586
25.369
89.728

87,780
36.685

1,71 >•

86

191*0

May

Apr.

Chemicala. olla and palsta
Sartho. earthenware and glaseware.
Metal B and manufacturea

Agricultural produota and proTlalona.
Spirltn, wines and other beTera^aa...
Cotton man-ofacturea

5.123
2.171
U77

93
99
2,201

81

Hat

5.032
196

1.552

96
3.011

Red cedar ahin^ea
Coal and related preducta

Total dutlea and tajcaa
MJuatment to Dally Tre&aury Stataaaat.

1.993

2.1*22

91
112
2,Ul6

AniB&l. fiah, and ooeonnt ella
Copper
Lumber of apeclf led types

total free

1.369

2,613

162
6,199
1.969

22.173

Wool and manufacturaa
Silk Banufacturaa

11*7

2,1*62

579
2,711

U6,083
32.753
7.050

9.8'«l

157
2,l*6U

870
613
3.587

81*3

23.927

1,92!

139
3.001*

Mar.

rati.

151
U,6l8
1,880

Apical toral produeta and prorlalona

131
3.1*72
2.11*6

JmB.

Oct.

Psb.

Dec

Hot.

1

.

Mar.

3,010

3.321*

3.1*19

1.7'to

1.675
7.912

10.631*

1.580
7.61*8

U,676 3.879
7.330 11.877 15.703
276
371
276
i*.l'*3

1.938

1.729
9.202
2.530

2,201*
13.1*68

11. 317

12.879
3.919

2.769
l.UlU

3.283

1.1*23

15. 188

5.1*06
ll*,6l3

253

258

5.307

Manufact'jrea of rayoa and other ayuthatic

tertllea
Pulp, paper and booka
Sundrlee

Mleoellaneoua 2/.
»rae Hat J/

3.398
7.550

1*86

199

163
721

12l*

11.1*61

636

103
580

1*95

133.270

11'».957

9.1*96

9.168

8.5117

7.231*

^79o

8,763

86,277

10
5.371

19
5,011

17
6,769

6,581

93
8.209

23
10.713

10.210

3"3
38,051

Total Taloe of dutiable and taxable iaporto. 878.050
Source:
Vote:

5/

661

1

891.835 71.6981

;6.

758 77.011 69.106

61*.

858

102

299
503
51*0
591
636
9.500 12,687 10.119

330
521

Ul»9

8.7'*1»

9.797

16
29
9.636 10,027

11
7.062

83
8.582

78.151 75.559 82,791 79.682

80,881

11*,

16
326

98.519 115. 23"*

Tor Taluaa. raporta of the Bureau of Torelgn and Oomaatlo Commerce; the fteurea for cuatoma dutlea and tajcea are
computed on the baala of the
quantity and Talna flguree.
May 191*1 flgurea were not aTallable In time for publication in thla laaue of the "Bulletin".
Includes taxable augar from the Philippine Islanda.
Comprlsoa articlaa dutiable under paragraph 1615 and repairs on Teaaala dutiable under Section U66 of the Tariff Act of
1930; the taxable copper
content of dutiable artlclea taxad under the BeTenua Act of 1932 and taxea on artlclea eoapoaed la chief Talua of manufactured au«ar under the
Sugar Act of 1937. which cannot be allocated to appropriate achoMec.
Taiee collected on other dutiable coaaodltlea under the roTeoue acta and
the Su^ar Act of 1937 are Included In ^proprlate achedvaea.
Duty-free commodltlea taxed under the BaTenue Act of 1932 and aubaequent acts.
Coiqiriees fuel oil and caa oil derlTod from petroleum, and all llqoil darlTatlTaa of crude petroleum except lubricating oil and gaaollne or other
motor fuel.

}

51

Custom Duties and Taxes Collected, Estimated by Countries from which Imports Originated
(1q thousandB of dollars

Country from lAicii
ImportB originated

52

Comnoditles Imported Under Quota Provisions

^Li&ntlty laport»l

^uta

Commodity and coontry

Unit of
qoantlty

period

Calendar year

CattX* Helpline nndor 200 pounds aach.

Xstabllahod
quota

under quotai

71.U28

100,000

Cattle waljMof 700 pounds or nora each,
other than dAlry cove:

Other countries

Quarter year from ipr. 1, 19U1

Head

Quarter year from Apr.

Bead

1,

I9U1

Vhole nllk, fresh or sour.

Calendar year

Oallon

Creaa, fresh or sour

Calendar year

Oallon

Tlsh, fresh or frozen, filleted, etc., cod,
baddoclc, hake, pollock, cuek and roseflah.

Calendar year

Pound

51.735

Vhlte or Irish potatoee:

Certified seed

12 months from Sept. 1^, 19^0

Pound

Other.

12 montha from Sept. 1^, 19U0

Pound

SilTer or black foxes, furs, ami articles:
foxes Taloed under $2^0 each and
whole furs and eklas:

Canada

\Z montha from Dec. 1, 19I4O

Bcmber

Other than Canada

^2 LiOi^ths from Dec. 1. 19U0

VuBoiber

Tails

12 months from Sec. 1, I9IK)

Piece

Paws, heads or other separated parts.

12 months from Dec. 1, 19U0

Pound

Piece plates.

12 months from Dec. 1,

19^

Pound

Articles, other than piece plates....

12 months from Dec. 1,

19^

Unit

Cuban filler tobacco, unstentmed or stenaied
(other than cigarette leaf tobacco),
and scrap tobacco

Calendar year

Pound
(unstemmed
equlralent)

Bed cedar ahinfles.

Calendar year

Square

2,U88,359

Molaseea and ou^ar alnq)a, containing
soluble aonsugar sol ids equal to more
than $ff of total soluble solids

Calendar year

Oallon

1,500,000

Crude petroleum, topped crude petroleun
and fuel oil:

Venesuala

nnlendar ytar

Gallon

1.913.01*9,600

Hetherlands and Hetherlands Indies.

Calidndio-

year

Oallon

578,806,200

Colombia

Calendar year

Oallon

86.956,800

Other countries

Calendar year

Oellen

138,5ff7.'K)0

Coconut oil

Calendar year

Pound

U25,600,0O0

Befined sugars

Calendar year

Pound

112,000,000

Sugars other than refined.

Calendar year

Pound

1.792.000,000

Prodxiota of Philippine lelands:

Cordage

Period -

Kay 1 to Dec. 31, 19UI

Pound

U,000,000

Buttons of pearl or shell.

Calendar year

Orosa

807.500

Cigars

Calendar year

Bumber

Scrap tobacco and atemaed and
unstemned filler tobaoco....

Calendar year

Pound

190.000.000
U,275.ooo

:

:

53

Imports of Cotton and Cotton Waste under Quota Provisions
For Year Beginning September 20, 1040
(In pounds)

Cotton 1/

Country of origin

Cotton waste 2/

St^ls length

Stella length less
than 1-1/8 inchas

1-1/S inches to
a-ll/16 Inchee

laporte to Istablished
Xstablished
quota
June 28. 19U1
quota

Total cotton waste

Bestrlcted
cotton waste
(included in total) 2/

Imports to
Istablished Imports to Istablished
Jons 28, 191*1
quota
June 28, I9U1
quota

Surope:
Belgium

Trance
Qermany

38,559

12,853

227,1*20

75.807

76,329

25.1*1*3

Italy

21,263

7,088

Betberlande

68,21*0

22,71*7

Svltierland

1*1*,

388

lU,796

Union of Soviet Soclallet
Hepublici

Imports to
June 28, 19U1

l»75,12l»

United Kingdom

'^.3^3.'^57

1,1*1*1,701

239.690

239.3't5

6,51*1*

3.500

68,783

1.1*1*1,152

6,1*30

1.599.886

6,1*30

North and Central iaerica:
12,55>t

Barbados
Cansda*

••..•...•

1.737

..•

Cuba
Haiti

506

237

Honduras

Mexico

752

8,883,259

Other British West Indies U/.

16U

ll.221,7lU

21.321

30.139

South iaerica:

Argentina
Brazil
Colombia
Xcuador

Paraguay
Peru

5.203
618.723

5.070
618.723

laU

2

9,333

9.271

"35
3.808

20U

1.698.997

871

2U7,952

131,682

2,056,299

British India

2.003.U83

83,126

6U,9li2

69,627

China

1.370,791

2.626

17.322

Asia:

Iraq

195

Japan

3'u.535

Setherlands last Indies.

71.38«

71.388

Africa:

Algeria end Tunisia
British last Africa
XgTpt and the Anglo-XgTptian
Sudan

^

Higeria
Other British West Africa 6/.

Other French Africa Jj
Total.
Source:
1/

1.63U
2.2lK>

29.909

783,816

'*3.'»5l.566

28.331.550

8.135

30.032,652

5.1*82.509

5.377

l6,ooU

2,002

689
lU, 516, 882

5.1110.976

1*5,656.1*20

1.753.329

Reports of Collectors of CuBtoms.
Cotton kaTlng a staple of lees than I-II/16 Inches (other than harsh or ron^ cotton of leee than 3/^ Inch In steple length and
chiefly used In the manofacture of blankets and blanketing, and other than llnters).
Cotton waste Includes comber, lap* silver, roTlng* and cotton card strips, whether or not manufactured or otherwise advanced In value.
In the case of the luropean countries, not more than 33-3-/3 percent of the total quotas for cotton waste aay be filled by cotton
wastes other than card strips and comber wastes made from oottone of I-3/I6 inches or more In staple length*
Other than Barbados, Bermuda, Jamalcai Trinidad* and Tobago.
The quota for cotton waste applies only to Igypt.
Other than Gold Coast and Higeria.
Other than ilgerla, Tunisia, and Madagascar.

THE

CAPITAL MOVEMENTS BETWEEN
UNITED STATES AND FOREIGN COUNTRIES

-3^-

55

Net Capital Movement between the United States and Foreign Countries
1935 through April 1941
[la

thonuadi of dollari.

Capital Isflev or eapltal eatfl;-' (-)]

56

:

57

Short-Term Foreign Liabilities as Reported by Banks and Bankers
In the United States for April 1941
(In thoasanda of doll&ra)

Liabilities as of
following dates

Belglum

Oermany

Or and
total

United
Kingdom

Trance

3.S99.776
3.925.3«7

U76.8O6
U97.326

U89,l6l

13'*,876

16,1*64

'*89.20l»

134.922
133.360
151*, lOU

16,306
16,078
16.O89

11.585
11,527
11,440
12,513

5,678
5,801
5.721
5,730

131*. 2U7
13l*,28l*

16.455
16,300
16.069
16,082

11,579
11,521
11,434
12,505

5.627
5.714
5.670
5,655

16.3'»7

11,576
11,518
11,431
12,504

5.468
5.564
5.508
5,472

Denmark Tlnland

SwltKsrland

Other
Xurope

222,130
222, 4lS
223,924
225.552

492,634
489,206
489,552
489,107

201,148
206,298
195.574
190,564

44.976
45.019
44,853
44.796

222.022
222,136
223.616
225.255

491.773 200,964 2.279.557
487.367 206,111 2.300,978
488,528 195.372 2,259,862
'•88,315 190.319 2.243.377

44,936
44,979
44,813
44.756

220.531
220,438
222.060
223,655

466,586
458,583
454.907
449.236

198.995
2o4.l4l
193,311
188,633

2.237.4q2
2.218.24
2. 208. 530
2,188,886

213
213
215

1,478

1,054

a2

1,595

14,262
13,188
13.050
13.466

22.579
22,401
22.584
22.522

Italy

letherlands

lorway

182,767
182,573
179.774
179.725

44,981
45,024
44,859
44.802

181,043
180,841
178,069
178,017

180,812
180,635
177,860
177,796

total
Airope

TOIil. SHOBI-TSBM

KBZIOS LIABtLITIXS
i*r. 9
ipr. l6
*fT. 23
^r. 30

3.905.W7

li«9,35l*

3.683,513

U5U.9U7

'•87.712

3.877.239
3.902.095
3,882,179
3,862.718

1*67.1)23

1*88,271

U88.195
9,716
7.178

U88.163
1(88. (58
'«6.857

3.7'»1,972

1*60.255

3.727,015
3,735.977

IM.ltOg

3,7l'*,l75

l*ilO,750

1*83,321
1*83,111
1*83,278
1*82,669

87, '«3
85.963
88.397
89.088

U.536
U.798
5.010
*.350

678
972
969
976

15,263
15.2'^6

15,444
15,019

2.293.633
2.315.848
2.274.337
2.255.864

TOTiL LIABILM'tIS

FATULI
Ipr,
i^r.
ipr,
ipr.

IH LOT.T.tRS

il;:;:
23....
30....

W

132,732
133, '•68

15.177
15,127

15,3^
14.930

Deposits for
foreign account:
ipr. 9
ifT. 16
ip>-. 23
ipr. 30

1152

,205

133,712
133.786
132,087
132,7't7

16.184
15.951
15.960

l'*.953

14,501
15.119
14,708

Bills held for
foreign account
ipr. 9
kpT. l6
ipr. 23
ipr. 30

i*90

637
713

1,047
1,068

Short-tens T7nlted
States Oovernnent
obligations held for
foreign account
?

29.326

l6
tfT- 23
ipr. 30

3'',176

ipr.
JtfT.

10.000
14.850
19.850
24.850

39,176
U3.176

10,005
14,855
19.855
24.855

Other liabllitlaa
payable in dollars
ipr. 9
ipr. 16
i^r. 23
*r. 30

18.629
16.279

2.632
38.989
2.501
2.078

22.537
23.292
23.268
20,795

9,383
9.131
9.531
7.769

11. "AT

10.7>»3

2.937
2.592
2.U78
2.072

3.103
2.8U9
2,829
2.956

2.156
1.879
1.838
1.935

7.9«7
8.253
8,626
7.096

U.290
U.660
5.215
5.762

18.538
5'*.9'>1

*,269

107
107
106
107

'•,277
lt.208

3.209

l44
145
145

118
147
153
152

5?1
7'^6

721
763

l'^5

913
1.017
1,012
616

9.181
45.474
8.893
7.114

184
187
202
245

14,136
l4,870

l42
147
163
154

6.538
7.185
6.283
5.650

TOTlL LliBILITIIS
naiii
FiTiBLx
CDBSXHCIIS:

u

ipr. 9
i^T, l6
ipr. 23
ipr. 30

8U1
896
855

629
638
628
636

86
119
99

f6^

1*92

819
782

1)82

113
92
83

89

1.72'»

1.732
1.705
1.708

308
279
308
297

861

1.83?
1.034
792

l't.'»75

12.487

Borrowings from
foreign banks:
ipr. 9
tfT. l6
ipr. 23
i^r. 30

12.190
11.813

79

1*97

1,542
1,552
1.523
1.518

438
1.399

434

icceptanoes made
by foreign banks
J*>r.

9
ipr. l6
ipr. 23
^r. 30

26

2.320
2.042
2.003
2.122

113
115
118

Other liabilities
payable in foreign
currencies:
ipr. 9
ipr. l6
ipr. 23
ipr. 30

271
252
252
252

92
103
103
103

(Continued on following page)

423
440
431
358

5.278
5.643
6.189
4,715

;

58

Short-Term Foreign Liabilities as Reported by Banks and Bankers
in the United States for April 1941 - (Continued)
(In

Liabilities as of
follovlii^ dates

Argentina

Braiil

OUK

Cuba

Maxleo

thoum^a

of dollart)

Panaaa
Other
A Canal Latin
Zone
iaerlea

lotal
Latin
iaerlea

CUna

long
Song

Japan,

Korea and
Kancfaorla

Philippine
Islands

Other
Asia

Total
Asia

All
other

TOTAL SE0BI-II9M
rORDIQS LIABIIITIIS;
Apr.
S
Apr. 16
J*r. 23
Apr. 30

107.708
107.730
111,622
103, UlU

A. 885

107.692
107.713
111.598
103,356

'6,077

29.531
29.255

'9.'»73

29.9'*9

50.595

28.805

Uli,878

29.531
29.255

53.286
55.776
55.798
55.597

51. "too

6o.>ia6

51.7'*?
51.79't

6l,U95
6o.6ii5

121,0lt9
12't.700
I29,lig6

»8.599

62,086

129,79't

53.286

51.096

6o,U26

120.786

5'*.776

5l.''7l
51.5't3

61. '195

I2i»,te7

''8,339

60.6U5
62.086

129,229
129, 52U

'•68,285
'*75.782
"•88,767
"•78.890

20U.1(87 93.888
198.191 93.o6l^
191.161 92,716
187.011 92.813

103,998

"•67.695
'•75.203
"•88.219
"•78.300

116,252
120,151
123.580
125.259

'•'•9.557

3.915
3.661

15.S68
15.862
i6,"A5
15.539

98.730

U7,623 176.679
178.072
U7,li"*3 180.739

92, "178

"•8,166 192. "109

626,675 89.9112
615,821 93.879
610,789 98.153
612,907 101,838

203,9't2 91.905
197,633 90,Q'^2
190,577 90,1*96
186,lt88 90.760

100,560
95,090
95.320
89.369

"•7.39? 176.557
"•7,924 177.9%
"•7.208 180, 616

620,363
609,538
6oU,2i7

1*7.957 192.228

606, 802 101,320

k6g,9io

181,806 87.937
175.389 87.016
168,093 86,520

"•61. "•go

166, 7i5 86.7"*3

75.171
69.079
68,705
60,178

38.678 167,089
39,Ul6 168,221
38,166 171, '32
38.0'^1 182,072

550,681
539.121
532.916
533.779

98,'i»5

its.iiig

TOTAL LIABILITIIS
PAYABLI IH ICLLASSi
Apr. 9
Apr. 16
>*r. 23
tfr. 30

'6.066

29.9%

55.798
55.597

50.583

28,805

38.301
38.879

28.576
28,209

50.8UU

50.5U2

60.360

52.6'to

50.95'*

6l.W»

53.838
53.873

51,062

60,583
62,008

2.386
2,080
1.906
1.671

U7U
U75
U39
U28

89.^5
93. '30

97,586

Deposits for
foreign account
Apr.

9

10lt,682

^r.

iS

105.9'*2

Apr. 23
Apr. 30

109,886
101,557

'*1.9'15

28,7'*6

U3,U96

2?,'«7

1,681

6,U36

91IO

'•7.870

"•58.219

86,2"^8

90,579
9lj,7c"*

98,221

Bins hold

for
foreign account:
Apr.
9
Apr. l6
^r. 23
tpT. 30

,

9'*6

1.73'*

1,673
1.639

7.272
6,S39

1.093
1,26s

^

i»,03o
3.6ii6

5.U7't

1*97

2"»,365

6.703

5.317

"»29

'•37

25,213
26,009

6,"^87

5. '•13

3.688

555

28, "•88

16,010
16,010
16.010
15.010

3.200
3.200
3.200
3.200

271
297
339
262

52"«

798
606
703

2,018
2,021
019
06U

2.701
3.635
2,865
3.105

6,166
7.668
6,890
7,179

1.983
2,122
2.220
2.053

3.'*38

22"»

225
235
209

122
123
123
181

6,312
6,283
6,572
6,105

1»27

3.255

1.937
2,071

1.398
1,288
1.506
1,238

98
98

U,199
".237
'.575

190
238
Ull
376

7.023
7.852

6,763
6,089
6.315
7.0U7

"•",302

'3.535
'6.197
'7.630

2,527
2.353
2,376
2.60"*

Short-term United
States GoTermnent
obligations held for
foreign account:
Apr. 9
Apr. 16
Apr. 23
Apr. 30

I9.2il^
19.2l"t

19. 2l'^
18, 21"^

Other liabilities
payable In dollars:
Apr.

9

16
Apr. 23
Apr. 30
JspT.

.329
37
39

lUl
2U2

170

2U8

2140

15

100
110
110

619
615
1.619
619

2,233
1.085
2.097

652
917
1,061

1.23'^

i.o>>5

263
273
257
270

590
579

5'»5

5"^8

58'»

590

553

"•98

w6
U95

TOTAL LIABILITIES
PAYABLS IS POMSIOS
CUHBENCIIS:
Apr. 9
Apr. 16
^r. 23
Apr. 30

16
17

2U
kg

7

30'»

11

278
251
260

16
12

558

3.'^10

3.109

"•1*9

567
518

Borrowings from
foreign banks:
Apr. 9
Apr. 16
Apr. 23
Apr. 30

8

ll
37

260
270
256
269

7
11
16
12

5ita

316
322
355

555
581
550

2,15l^

1.998

22>t

225
235
209

9?

15U

",l"(9

Acceptances made
by foreign baiiks:
Apr.

9

U

S
^

^r. 16
*fT. 23
Apr. 30

1

1

17

Other liabilities
payable in foreign
currencies:
Apr.
9
Apr. 16
Apr. 23
Apr. 30

11

262
252
217
223

273
263
226
235

2,001
1.927
1,868
1,827

2,07'^

2,006
1,961
1.912

233
210
155
125

59

Short-Term Foreign Assets as Reported by Banks and Bankers
In the United States for April 1941
(In thousand! of dollLra)

iBsota at of
follovlnc dat«a

Or and
total

Dnltad
Iln^doB

Tranot

3S6.686
37U,OU9

22.777
23.573
23,279
22.592

2.760
2.769
2,gU7
2.8I9

1.302
1.271
1.261

5.972

332
3&1
355
33^

1)6

Bal^lTu

Ital7

Hotherlandt

9onra7

8»*daa

877
85U
8Ul
875

678
680
667
662

TlH
1,U10

35,1*59

1.786
1,665
1,666
1.711

112

1*35

31)0

9I)

1)27

331*

89
95

ksk
1*89

325
327

129
132
123
122

Germany

Denaark

S»lt- Other
(orlaat loropa

Total
furopo

TOTAL SHQBT-TISM
rOBIIOH ASSRS:
Apr.
9..-.
tpi. 16....
tpT. 23...
tpT. 30....

360.21)2

I.26I)

60
60
57
57

2,030
1,867
1,865
1.868

35.538
35.588
35.573

2.71*9

26,011*

3.95«
2,838
2.735

25.313
2S,089
2l),697

95.316

280
277
258
251

616
1,721
s6|

1,208
1,811
1.118
1,137

10,752
9.680

1*9

12s
1,228
86

601

577

97,285
99.008
96,58!)

TOTAL ASSIT3 PATASLI
IB rOHSISS COSBISCIIS
Apr.
9
i^r. 16

^r.

23

i^r. 30

38.771
MO.OUO
3«.801
38.377

6.1I10

6,357
6.138

50

17
17
18
18

1*76

9.1)91

9.1)1)0

Banka own dapoalta
abroad:
tfr9
i^r. 16
Apr. 23
Apr. 30

7.886

7.'»20

2,395
2,386
2.229
2.338

23.2U1
23.20g
23. 380
23.139

832
761
83U
831

166
159
158

7.6l*U

2.7115

7.892
8.217
7.818

2.993

127
128
129
128

16
20
15
Ik

12
12
12
12

43

8.9I1O

7.20U

21)

20>)

25
21
27

199
196
261

83
80
71
71

1)1)

33
30

1,011
102
2,781
2,9U8
I).

61)

Deposits abroad for
accoxmt of doaeatio
ellenta:
Apr.
9
Apr. 16
Apr. 23
Apr. 30

167
167
167

11*7

lOS

53
53

31*}

1)1

1,71*3

33'*

1,658

335
329

l!629

Other aeseta payable
In foreign
currenclea:

^r. 9
Apr. 16
Apr. 23
tfT. 30

3.29'»

2.969

20I)

20f
201
202

121
123
116
117

l*,737

230
232
22U
220

380
376
37X

819
821

371

7UI)

U,992
5,182
U,863

2.133
2.237
2.273
2.259

2l),806

87,791*

102
23.971
23.560

88,256

156
116
115
138

12,51*9

38,327
38,095
37,822
37.393

TOTAL ASSST3 PATABLX
IB EOUABSt
Apr.
9
Apr. 16
Apr. 23
Apr. 30

16.805
3116. 61<£

17.'»33

335. 2U8

321.865

16.922
16.U5U

2,1(28
2.1)28
2,1)92
2,1)85

1.256
1.217
1.216
1,21U

lta.837
132.111
121,699
113.155

12.225
12,883
12.650
12.332

600
597
596
598

566
566
562
567

51.538

838

180
180
180
180

1)3

39
39

2.026
1,863
1,862
1.86s

35,1*26

35. 361*

1,351
1.238
1,2U2
1,222

11.51)8
11.1)3U

783
631

II.U19

661)

11.1*31

675

35.1*91*

35.U8I)

537
520
516

5U9

1)31*

51*8

1,133

51)8

5UO

51*1*

ii

21),

86,961*

85.876

Loans to forel^
banket
i*r. 9
Apr. 16
Apr. 23
Apr. 30

62
59
57

11,785
11,71*2

11,580

Aeceptanoea made for
foreign banka:
J*r.
9
Apr. lb
I9T. 23
^r. 30

53.897
5«.91l»

616

160.527
161,068
159.652
153.796

3.7'«
3.697
3. 508
3.506

67

15.6I8

S

15.51>*
15. 521)
15.1)25

51*1*
51)1)

n

17.331
17.169
I7.O7U
16,813

Other aaaeta payable
la dollara:
Apr. 9
Apr. 16
i*r. 23
Apr. 30

1.61)8

1.651
1.716
1.707

690
651
65I)

6U7

D3
1*3

39
39

1.959
1.863
1.862
1,865

8.1)60
8,51)1

562
602
573

8,508

51*2

8.5U6

(Continued on follovlng page)

1*90

51*8

U5U

51*6

1*53
1*87

51*2

538

339
,086

31U
312

1,91*2

2.080
2.122
2.073

11,713
11.773
11,68U
11,1)1)6

32,136
32.992
32,008
31,670

60

Short-Term Foreign Assets as Reiwrted by Banks and Bankers
the United States for April 1941 - (Continued)

m

(la thonsaadi of dollars)

Apgentina

As Bet 8 as of
following dates

Paaaaa
Brastl

MT

10.951
11,069
10,822

JI.O76
29.597
29,llU
28,07U

819
1.052
802
808

88
9U
93
91

11.

TOTAL ASSETS FAIASLI
IH rOSZIOII CUBSISCIIS:
J*r.
9
i*r. l6
ipr. 23
ipr- JO

Banks own deposits
abroad:
ipr. 9
Apr. l6

60

283

^r. 23
Apr. 30

Deposits abroad for
account of domestic
clients:
tfT. 9
tpi. l6
*pr. 23
J^r. 30

,

,

577
585
584
588

Other assets payable
in foreign
currencies:
Apr.
9
Apr. l6
ipT. 23
^r. 30

182
18U
181
176

TOTAL ASSETS FAXASLE
IS DOLLABS:
*pr.
9
Apr. l6
^r. 23
*r. 30

10,988
9.899
10,267
lO.OlU

Loans to foreign
banks:
ipr.
9
Apr. l6
*fr. 23
Apr. 30

1.526
378

Acceptances made for
foreign banks:

^r.

9
Apr. l£
i^>r. 23

^r.

30

Ujo
6llt

7U2
759

Other assets psQrable
in dollars:
Apr.

9

tLfT.

l6
23

^r.

ifT. 30

9.012
8,907
9.130
8,881

Nazi CO

« Canal
Zona

TOTAL SEQRI-Tiai
rOBXIGS ASSETS:
Apr. 9....
Apr. l6....
ifi. 23....
^r. 30....

CUl*

8

Other
Latin
laerica

Total
Latin
Aaerica

China

Bong
Kone

J^an.
Korea and
Manchuria

Philippine
Xelande

Other
Asia

Total
Asia

All
other

61

Security Transactions as Reported by Banks, Bankers, Brokers and Dealers
the United States for April 1941

m

(In thouaandi of dollftrs)

Transact iona durioc
vaek endttd:

Grand
total

Balgtsa

Qui tad

IlaedM

Italy

Utln

Japan.
Aaar- Coraa and
ICA Kanohi:ria

Othar Total
S»ltsarland loropa lorepa

Hat ha rlanda

Othar

Total

^la

Aala

u
TOTAL FOBSBASXS
IS THZ USITIC 3TATIS
roa 7oaiios acoouut:

^r.

9
tfi. 16

fT.
^r.

23
30

10.769
5.205
6.gl»7

6.559

97
169
2U1
197

106
72
1U7
90

U3
99
82
130

23

36

38
38
80
30

12

6
28
2
66

759
672
815

1

2

588
527
711

13

6I10

15

2

1

2

139
90

50

91.

3

9*
192

27
7

10

g>l2

9U
225
223
119

5.621

3.1'>3

2.a3

1,2M

2. 89s
3.'>33

1.75*
932

1.000

535
2UU
380
200

1.199
1.270
1.562
1.526

229
115
87
116

706
2Ult

376
U31

5*7

815
655
955
367

28U
189
277
385

293
197
280
3«6

136
12
80

FllTChasaa of
doaestic aectirltles:

Stocks:
Apr.
9
ifT. l6
Apr. 23
Apr. 30

2,l»7g

1.967
2.769
2,009

II
52

20
28
35
98

20
6

79
U5
37
10

21

52
80
183
51

808
831.

1.13"*

Bonds:

i*r. 9
i^r. l6
^r. 23
ift. 30

3.086
1.759
3.063
3.559

110
33

10
2
2

2

2

21*7

2,1)88

180

166
308

306

169

1)6

3»

1.515
2,369
3.113

136
12

85

I
2U

80
8

32
55
15
33

37
139
16
22

iWt
270
120
162

1,288
1,1*1
1.386

17*
122

l.7'»l

2

3^

71

9

Pta'chases of

foral^ sacuritlaat

^r.

9
Apr. 15
ipr. 23
Apr. 30

5.205
1.015
991

18
U6
U9

2.llt8

220
107
gl»

120

S93
U94

2.a7

lt.lt92

1.331*

2

2,300
6,289
3.283

1,106
1.305
832

22
U

13*

1.967
2,276
2,368

699
790
805
1,10U

126
80
33
92

1.125
1.07*
1.372
1,386

1.702
591

916
775
856
533

519
601

17
15

776

52U

5
8

1.779
1,189
U.UTO
2, 061

228
118
207
132

316
99
272
272

1,896

190
213

11

5^

^5
1

3'*

3
8

8.593
5.760
10,28h
6.61A

507
237
395
330

128
37
88
33

307
878
321
637

215
96
190
138

2.870
2,122
5.331
2,918

100
122
35
72

2,Ul6
760
632
1,089

192

IS
29
60

li»9

11*

19
38

277
150
103
152

501
316
393
121

503
33*
397
l2h

377
108

305
379
108

TOTAL SALXS II
THS OHITBD 3TAT1S
ros roBuas accooht:
J*r. 9
Apr. l6
Apr. 23
Apr. 30

27

2

3

1

100
36

31
U

16
2

2

29

98
19

66

117

69

13
5
12

i'»3

27
u
19

It

7

29

5>»

51

3

Salas of
domostlo lacorltlasi
Stocks:

^r.

9
J*r. l6
Apr. 23
^r. 30

Bonds:
Apr.
9
Apr. 16
i*r- 23
Apr. 30

13

95
32

10

59
20

2
17

1

20
97
13U
9
31

20
5
20

10
U5

79U
632
710

1427

11

63
10
18
11

13
2

13
23

6
13
2
3

6
13

63

10
16

Salas of

foral^ saeuritlasi
9
i^r. 16

*f>T.

^r. 23
Apr. 30

20

70
50
72
113

19
170
120

31

27
26
3'*

1)25

117
631

a

2l«2

167

3

TOTAL PtaCHASIS
XXZOIRED ABBOAS KB
SCHISTIC ACOOOBT:
Apr. 9
Apr. 16
Apr. 23
i*r. 30

559
373
7t6
1.928

360
73«
1,925

2
3

Purchasas of
doDsstlo ssctirltlas:
Stocks:
Ivr.
9
Apr. l6
Apr. 23
Apr. 30

26
1

20

3

1
1

2

2

70
10
199
221

70
10
199
22X

Bands:

^r. 9
Apr. l6
Apr. 23
Apr. 30
Purchasss of
foralgn socurltias:
Apr. 9
Apr. 16
Apr. 23
Apr. 30

U63
362
5UU
1,705

538
1,7C'2

(Contlnuad on follovlnc

pa^)

6
13
2
3

6

13
2
3

All
othar

62

Security Transactions as Fteportod by Banks, Bankers, Brokers and Dealers
in the United States for April 1941 - (Ckintlnued)
(In thoueands of dollara)

Iransaatlons dtirlog
weak ended:

United

Orand
total

Kln^oB

Trance

Belgium

Oeraajr

Ital7

Latin
Svlt- Other Total
Canada Aaerlerland loropa Korope
lea

Nethorlande

Japan,

Other
Korea and
Aela
Manchuria

Total
Aela

All
other

TOTAL SALES
SnaUlW ABROAD TOi
OOMISTIO AOCOnilT:
ipr.
9
Apr. IG
Apr. 23
Apr. 30

59U
282
795
78U

576
259
753
707

Salea of
domeatlc eecurltlee;
Stocka:

Apr. 9
;^r. iG
Apr. 23
Apr. 30

1)0

1

Sonde:
tpT. 9
J^r. l6
i*r. 23
^r. 30

Sales of
foreign eecurltiee:
tfr. 9
tfT. l6
i*». 23
^r. 30

9
6

38

U92
2U9
7U7
669

510
272
789
7U6

Foreign Balances In Brokerage Accounts as Reported by Brokers
and Dealers In the United States for April 1941
(In thonaand* of dollara)

Balancea aa of
following dates

Orand
total

Eelglum

United
Kingdom

Oermany

Ital7

Svlt- other Total
serland Korope Europe

Hetherlanda

Latin
Canada America

Ja^an,

Korea and
Manchuria

Other
Asia

Total
Asia

All
Other

2.352
2.37U
2,290
2.174

2,M4a
2,U6U
2,373
2,256

219
213
221

2,2>I2

2.370

867

2,252

2,1|0U

2.5't5

2,67U
2,968

8U9
773
663

foreign dehlt halancea:
(due from abroad)
i*r. 9
Apr. 16
i*r. 2J
Apr. 30

1.182
1,207

522

25.>t63

2,078

2U.U98
2U,59U
2U,733

1.3'tU

1,884
1.872

l,a8
1.227

512
517

U5.Ultl*

3.316
3.106
2,6oU
2.5U9

6.255
6.283
6,213
6,23U

i.oeu
l,0U3
1.093
1.075

52"*

511
509
5O8

50U

262
260
253
253

1,0US
1,167
1,073
999

100
99
97
110

9.871
10.126
10,105
10,105

1.327
1,3'*7

I.59U

6.999
6,371
6,820
6.989

9.647
9.511
9.517
9,619

6,156
5.939
5.663
5,651

90
90

29.927
30,078
29.730
29.598

1,893
1,8U9
1.977
1,906

10,387
10.82U
10,767
10,671

128
152
129
126

83
82

as

Foreign credit halancee:
(doe to abroad)
Apr. 9
i^r. 16
J*r. 23
t9T. 30

W.OOU
U5,921
1*5.806

8,0a
8,0l«

8,105
8.159

1,225
1.303
l,ltl«

1,292

2,8U2

63

Security Transactions In Joint Foreign Arbitrage Accounts as Reported
by Brokers and Dealers in the United States for April 1941
(In thoosaadi ot dollar*}

TrsAaaotlons durinc

Oraad

%lt*d

w*ttk onded:

tat«.I

tlagdoB

Tra&c*

B«lSXwt

091-

aaj

It4l7

SatherlAAdt

Other ToUl
Canada
i«rland lurop* lor op*

«»AL PORCBASSI
It TBI tnnszD stAini
Apr.

9

l»93

^r. 16

233
216

*pr. 23
ij>r. 30

U69
171
1U9
1.116

90
2l|

l.UO

l^rohaeofl of
doaaatlo eeonrltieoi

Stoekai
9
*pr. 16

ij>r.

^r. 23
J*r. 30
Boada:
ipr. 9
ipr. 16
*pr. 23
Apr. 30

50
2U

50
2lt

Purch&aea of

foral^ aaourltiaa:

^'- ?
Jpr. l6
ifr. 23
Apr. 30

TOTAI,

,

U90
1«3
192
1.1T5

U69
171
li»9

1.116

SALS

IV TBI OHITZD SUTXS:

*fT- ?
ifT. l6
Apr. 23
Apr. 30

3«U
199
22U
1.167

379
1U5
191
1.166

5

26
1

3alee of
dooettle aaeurltlaa:
Stoekai
i^r. 9
Aft. l6
Apr. 23
Apr. 30

1

3

10

BoBdtl

A*r. ?
i*r. l6
Apr. 23
Apr. 30

23

23

3«3
196

U
51

23

Solea of

forei^ aeooritiaai
Apr. ?
Apr. l6
Apr. 23
i*r. 30

191
1.167

379
191

1.166

Latla
AaarIca

J^>aa.

Other
Korea and
Xala
Manchuria

Total

Aala

111
other

6i^

Foreign Purchases and Sales of Domestic Securities^
(In thousands of dollars)

Transactions

65

t/5

UJ
q:

D
O
UJ
CO

U
I-

co
IlJ

:^

o
Q
CO

O

>^

UJ

(9

<
05

in
UJ
CO

<
u
a:
Z)
Q_

O
UJ

O

.
,...
,..

6

i

,

66

Purchases and Sales of Foreign Exchange, Spot and Forward, as Reported
by Banks and Bankers in the United States for April 1941
(In thouaande of dollars)

Currency of
TraneactlonB
during
week ended:

Orand
total

United
ElOgdOB

franco

BelglOB

Oer-

Bony

Italy

HetherSwlV Other Total
Sweden
lands
serland Borop* Xurope

Latin
Canada

Japan r

iaer- Korea and

ica

Manchorla

Other
Asia

Total
Asia

2,367
839

TOTil FtlBCElSIS:
ipr.
i^r.

226
1

909
26

ItoU

198
U

109

59U

1^5
2

2.502

3.829
2.059

17

195

63g
10

107

2,lgU

lU,99U
5.39U

U,g2U
3.356

211

100

623

121

3

1

II.36U
3.925

U.OBl

28

205

1(80

1

1

792
26

ipr. 16 Spot
ipr. 16 forward.

8.579
2.051

2,U90
83U

172

72

510

ipr. 23 Spot
i^r. 23 forward.

8.613
2.670

2,glU
sou

36

i^r. 30 Spot
iifT. 30 forward..

9,e2U
'*.351

2,655
2.320

3.837
1.612

2,002
1,810

26

117

13"

^r. 16

Spot
i^r. 16 forward.

3.511
960

1.285
923

26

Sk

ipr. 23 Spot
Apr. 23 forward..

3.809

11

l.lt72

1.015
1.255

i^r. 30 Spot
i^r. 30 forward.,

5.170
I.0U3

2.169
1.036

101
3

9 Spot
9 forward.

16,965
U,7U9

7.606
1.893

77

ipr. 16 Spot
i^T, 16 forward.

12.013
2.957

3.73?
l,6gU

161

126

663

ISU

2,380

ipr. 23 Spot
^r. 23 forward..

12,318
U,107

U,23i
1.899

226

179

603

105

2.365

^r.

l't.939

173

110

569

107

5,018

5.200
3,321

9 Spot
9 forward.

6,oU9
1.901

2.0»H
1.538

108

i^r. 16 Spot
J^r. 16 forward.

5,113
1.339

915
931

26

ifT, 23 Spot
4>r. 23 forward.

5,100
2,lU3

1,006
1.271

20

57

330

30

Apr. 30 Spot
Apr. 30 forward.

6.769
1,620

1.915
1.037

gl*

25

298

71*

Spot
forward..
Spot
forward.

10,916

5.565

6g

2, gits

355

6,900
l,6ig

2,g2U

tfiT. 23 Spot
Apr. 23 forward..

7.218

J^r. 30 Spot
Apr. 30 forward..

9 Spot

15 ,201

9 Toraard.

5.737

ipr. l6 Spot
ifi. l6 Tonrard.

ipr. S3 Spot
ipr. 23 forward.

12,090
3.011
12,U22
k.lkZ

ipT. 30 Spot
ipr. 30 forvarl.

6,083
2,290

1

3.775
1.757

2,ltl«

88 10,218
2.352

i.itgi
2,5Ult

536

l,'t79

888

2

693

llt6

7,lt65

1.589
913

752

916

35

129

788
165

1.70'*

1,769
7,150
2.085

1.595
1.322

586

1,381

.029
2U8

2,ltl0

7.576
3,376

3.052
1.235

70I1

7,8U6

91*2

5ll2

2,5ltlt

152
2

1.193
693

6lt9

650
129

766
165

l.iti6

'8UU

700
913

390

I.17g
270

966

2,l>llt

8 30

839
1.322

2ltg

518

919
2,337

1.786
1.231

596

9U2
32U

1.397

2,339
783

lit

2,372
1,810

5it9

8lt

286

315
2

269

13

1,728
925

103

266

2gg

135

75U

23

1.991
1.255

756

196

203
217

63

266
217

51

227

58

2.657
1.039

1.266

108

155

1U7

302

11,805
1,898

1.70lt

"•57

2,606

18

1.509
318

1,097

2.5l'»

1

319

7,lt03

1.711
922

769
37

878
300

953

1,831

g

3O8

531
11

906
813

1.131

31

6

15

120
7U
1

132

16

l»g7

1,097
32I1

^^^

29U
735

2,6Ui
7«3

Purehaiei froa bank*:
ipr.
ipr.

9 Spot
9 forward..

U

358

2,308

7U

3"

17

132

2.233

107

6

182

503
10

92

I.U30
15

5,159

76
1

569

108

1.327
16

It,

2,052
837
2911

Piircbaaet fron

cuBtomers other
than ^anke:
ipr.
ipr.

9 Spot
9 forward.

35

It

TOTAL SiLIS:
Apr.
J^r.

30 Spot

ipr. 30 forward..

237

1,008

395

2.351

12lt

5

lUl

6

1

1,690
gU

7,795
1,899

i.itoi

25

2,037
838

132

855
3.335

2.693
1.350

705

1.156
317

1.935
16

3.091
333

20

3.781
1,538

807

2llt

16

855
316

12>t

31

979
316

2,9lt5

1.075

'•65

Wi

71

35

268
293

176

937

3

296

200
10

268
812

Igg

'•56

1.63

535
2

998
307

1,627

13

7.

1.359

Sales to lianks:
ipr.
ipr.

U65

335

101

86

1.037
l.»*69

29

6

1

1.928

8

1,083
13

38

1,31't

lOlt

3,379
1,271

It

81

3.532
1.051

1,622
262

229

8,02U
360

897

2U3
2

65"
2

973

2,lt83

1

3

636
851

30lt

610

777

1.387

2

7

5

12

8O6
1.313

331

638

1

1

9U3
21

1.581
22

1,071
1,088

t76

693
12

l.ltOO

2,093
26

305

Sales to customers
other than hanks:
ipr. 9
4>r.
9
.^r. 16
J^jr. 16

129

5t3

291*

5

76

100

328

98

911

112

U.lt58

206

122

273

75

'•37

76

it.Ui6

1,961*

3.225
62g

8.170
3,398

3.285
2.2gU

89

85

271

33

1.65

9t

753

753
628
323
2glt

Ik

67

Outstanding Forward Exchange Contracts as Reported by Banks and Banks re
In the United States during April 1941
(In thouMsdt of dsllkri)

Cnrraney of:
Contracts at of
follovlne dataa

Grand
total

Onltod
Trano*
IlncloB

33.553
33.569

18,360
17.931

162

ikMk

18.561t

35.376

20.397

172
103

17.795

7.313
6.906
8,096
9.097

26

11,0117

136
136
111
95

2U6

U

2i»6

1*

110
161

780
781
711
705

B«l-

Oar-

Italy

Latin
iaarlea

Batbar- 3«e4«n Svlt- Otfaar Total
lorland Soropa Iiiropa
landa

Ji^aa.
Other
loraa and
Aala
Manelmria

TOTU. PUBCHASI COSTBACTS:
Apr.
9
Apr. 16
*pr. 23
Apr. 30

2llt

it6o

5^

560
560
550

U€o
U60
U60

3lt
31U
31U

218
218
218
218

17
26
32

19.59t
19.191
19.797
21,51*9

10,035
10,520
10,619
10,310

1.671
1.679
1.611
1,610

1,222
890
1,006
917

1.031
1.189
I.U31
990

7.888
7.533
8,706
9.658

7.160
7.709
8,027
7.833

1,290
1,256
1.206
1.206

1*1*3

l.OlU
1.178

11,706
ll,b58
11.091
11,891

2.875
2,811
2.592

U23

2.1*77

itoU

20,1*71
20,1*00

10.196
10,660

1.561

20,983
22, 683

10,791*

11.663
11.738
ll,8U5
11,923

2.571
2.571
2.3U5
2.083

1,21*1

1,21*8

1.830
1.830
2.030
7to

8,808
8,662
9.138
10,760

7.625
8.089

3O8
278
220
213

1.30U
1.190
1.133
1.079

Contract! for
purchaiei froa
foreign customere:

^r.

9
Apr. 16
Apr. 23
Apr. 30

17,9W
19.702
19.991

78
61
8

16

16
16
19

228
3U5
315

Contract* for
purchaaee from
doDoatlc customer*:
Apr. 9
Apr. 16
Apr. 23
Apr. 30

15.758
15.565
1U.762
15.385

11.025
10,lt68

11.300

2l;6

236

2U2
2U2
2U2
2U2

28
1

10
13

779
1*05

TOTAL SALIS COBTSACTS:
i^r. 9
Apr. l6
^r. 23
Apr. 30

35. I'll

35.723
36.50i»

36.565

18,321
18,193
18,86U
20,637

lUl*

69

26
26
26
26

1,211
1,211
1,211
1,211

lU
lU
lU
lU

71*2

lU
lU
lU

5
11
11

18

10,501

3. IS'*

1.1*67
I.I161

3.020
3.163
1.623

Contract* for sale
to foreign cuetomere:
Apr. 9
Apr. 16
Apr. 23
i^r. 30

17.305
17. '123
17. '•69

10,207
10.276

700
700
630
630

10.1*53

15.998

10,52U

18.106
18.300
19.035
20.567

8.111>

7ie
7lt2
71*2

6
6

13

1,283
1.2U7

Contract* for *ale
to domeetlc ouatoaerai
Apr. 9
Apr. 16
tfr. ZJ
J*r. 30

110
161

1169

8,UU

ll»l«

I169

10,113

69

U69

7.917

U69

8,1*1*9

8,U18

1,1*18

979

Total
lata

All
othar

GOLD

AND

SILVER

68-

STATISTICS

..

U

.
.

U

69

Oold Aseete and Liablll^iee of the Treasury
(In sllllona of dollars)

LUMlltlaa
2nd of caleodar
7«&r or roQtb

Gold
Aaoete

Oold Ci.rt1ficates 1/

156.0

1,800.0

185.9

l3.26e.3
18.6«3.g
19.005.9

156.0
156.0
156.0

1,800.0
1,800.0
1,800.0

237.5
272.9

19.35^.6
19.651.6

156.0
156.0
150.0

1,800.0
1,800.0
1,800.0

19U.S

19.82S.1*

22.115.7
22,231.2
22,367.0

19.977.6
20,09U.7
20.175.9

156.0
156.0
156.0

,800.0
,800.0

182.1
180. U
235.0

22.505.3
22,574.9
22,62U.l

20,?67.U
20.387.8

156.0
156.0
156.0

,800.0
,800.0
,800.0

281.9
231.1
283.5

July

20.U6l.g
20.912.7

Saptofflbar.

21,2Ul*.>t

Oetobar .
NoTambar.
Decesbar

21,505.5
21. 800.
21,99'».5

Kareh
ipTil
>l«7

Juna
Sonrea:
1/
2/

2/

Oold in
Oeneral Fund

19, 325.'!

19.963.1

.

Stabilltatlon
Fund 2/

17.821.2

21.99'».5

19110-June

.

S.

.008.6
Ug7.U

17,6lti.U

19UI -January
Tebru&ry..

tr,

noteo, etc. 2j

1.800.0
1,800.0
1,800.0
1,800.0
1,800.0
1.800.0
1,800.0

8.238.6
10.122.9
11.257.6
12,760.0
lU,5ii.2

.

ablest

156.0
156.0
156.0
156.0
156.0
156.0
156.0

193^
1935
1936
1937
1938
1939
19*)

.

Oold Reserr*

7.679.5
8,959.6
9,212.3
11,872.8
15.273.6

20,3811.5

1

3'*1.9

591.6
682.1*

Uog.9
213.2

282.

192. s

213.2

800.0

Dally Traatuiy Stataaanta.
Coaprtaai (1) gold eertlfleataa bald by the pnblle and in Tedaral Eaasrre BanJn; and (2) gold certificate credits in (a) the Sold Cartlfleata
fund - Board of OoTarnore, Federal Reserre Syetem. and (b) the Bedemption Fund - Federal Eeserva notes.
Besem against United States notes and Treasury notes of I89O.
XxcludSB gold in aetlT* portion of Stabilisation Fvial.

Net Movement of Gold to and from the United States
(

In Billions of dollars at $35 P^r fine onnca)

Sat isport from or net export (-) to:

C&lsndar year
or nonth

United
Klngdos

193'*

''99.9

1935
1936
1937
1938
1939

315.7

U^.l
891.5
1,208.7
1,826.1)

19W

633.0

19>lO-Jtea....

128.0

July. ..
August.
Septeabs:

301.7
10.8
3.7

October.
HoTSaber
Deconber

1.7
.9
.1

19>)1- January.

Fabr^^ary

March..
April..
May hi..

June

|t/,

1.2
.3

Franca

260.2

latherlands

Svlt,

sarland

Canada

Japan

Belglnn

British
India

Australia

Philippine
Islands

CoChile
lombia

Chlni

All

other

Total net
imports
or net
exports i-)

70

UJ

%
CO

Q
LU
I-

LU

.

U

..
.

71

Monetary Stocks of Gold and Silver
(In

&sd of f l>C<Ll
7«ax or month

193^.
1935.
1936.
1937.
1938.
1939.

aUllons of dcllari)
Hold
(»35 per
fine ounce)
7,856.2
9.115.6
10, 608.

12,318.3
12.963.0
16,110.1
19,963.1

19l|0-Jtae

19.963.1

Jnly
Saptaabsr.

20,U62.5
20,912.8
21.2UU.U

October. .
HoTombor.
Dacember.

21,505.5
21,800.8
21.99U.8

JiagOMt....

19>tl-Jasuar7.

T«brtux7.
March

22.116.5
22.231.9
22.367.3

.tprll.

505.8
22,505

itax...

22, 57'*.9

June.

22,62U.l

.

silver

.

.

.

7

.

78

Seigniorage on Sliver
(CunlatlT* froB Jamurr

1,

193U - in

mIIHom

of aolliri)

SouTcoa of ••ignlora«< on allTar Imlllon roTalned 1/
S<lgiilora«*

Ind of calendar
7ear or aonth

on allTor

and Minor
colna

193>>

1935
1936
1937
193*
1939

Hlac. allTar
(incl. iilTar
bullion hald
Juna lU, 193U)

U.5
18.5

'»«.7

itfi.i

1«.7

Us.
Its.

19I1O

63.7
69.5
91.7
122.2

19Ul-Januar7.
7ebruar7
March. .

125.3
127.0
128.3

US.

132.6
137.2
1U3.5

US. 7

i^pll

...

•toy

Jul*....
Baala:
1/

2/

Vawlj-alnad
Vavl7-mlnad
allTar (Proc
allTer (Act
23.
1933) Joly 6, 1939)

Doc.

Us.
148.7

tS.7

latlonalliad
allrar
(Proe. of
An«. 9. 193'*)

193'»

Total

aignlorac*
on allrar
raraluad

Potantlal
•algniora«a on
allrar bnllloa
at cost in
Qaneral Ttand
2/

.U

51.1

28.5

16.8
36.0
58.0
7U.9
87.3
87.6

226.2
302.7
366.7

3'».5

3". 7
3*. 7

'•57.7

3'*.

U.2
25.7

530.7
562.7

3U.7
3^-7

759. >l

397.5
5U1.6
758.8
950.6
1.055.8

87-6
87.6
87.6

27.7
29.6
31.5

56U.7
565.9
567.0

3U.7
3U.7
3U.7

763.U
766.5
769.5

1,062.9
1,069.8
I.O7U.9

87.6
87.6
87.6

33-5
35.6
37.1

568.1
569.1
570.7

3'*.7

3U.7
3U.7

772.6
775.7
778.8

1,076.2
1,079.1
1.079.5

U8.7
lt8.7

'W.7
U8.7

Silrar Purchaaa Act
of June 19*

7

128.7
326.2
UZS.l

132.6
27't.9

50s. 1

616.0
705.6

Oailj Iraaaiuy Statamanta.
fhaaa itasa rapreaant tha dlffarasoa katvaan tha coat ralna and tha aonatary ralna of allrar bullion raraliiad and hald to aaoora allrar
oartlfloataa.
Tha flgoraa In thla oolnm ara not omnlatira; aa tha aaonnt of bullion hald iaoraaaaa, tha potantial aalgnioraea tharaon Ineraaaaa.

Silver Production, by Leading Countries
(In thousanda of fina ouncaa)
All other eonntriee 1/

Aneriean countrlaa
Calendar /aar
or Bonth

Total
for
world

169,159
190,398
220, 70U
253.696

1933.
1935.
1936.
19371938.
1939.

538
267, 765
27'*.

265, 262
273, 68U

igw.
19l)0-^rll
Max...
June..

2U,785
22,269
23,U23

UnlUd
States

22,821
32,'l«7

''5.613

63.351
71,299
61,689
63,872
67.013

6,120
5,8>io

5,373

July
Aufnat...
Septaabar.

23,091
22,836
23,835

u!Ul9

October.
Boraaber.
Becenber.

22,900

|.609

I9U1- January.
Fabrjary.
March....
April.

5,0»t9

23.i't5

Peru

16,395
17,565
17.7't3
tit
19.58't

68,101

6,761
10,381

10,819
10,091

ltU,26l

7U,ll*5

51.538
56,858
61,725
6U,939
6U,683
6U,292

75.58?

17.'*33

12. 788

77.'t6U
8l|,681

19.901

16.539

16.99"*

15. 708

23,826
211, 53«
23,816

81,019
75.871
82,638

20,>t2>*

15.869
I7.U97
16,925

1,770
1.997
3.096

S.lltO

2,0>t2

6,861
8,120
7,990

1,500
1,500
2,000

1,5U9

7,090

1,£00
1.500
1,500

I.3I8
1.352

5.610

l,326r

5,110

l,>ie0r

5,319
5.302

1.791
1.795
1.673
1,708

5.619
6,511

6:599

1,U2

7,101*
>*,568

2U,329r

5,733
6,009

1,557
1.357
5/

8,750
7,792
6,339

5/

6,10)5

5.8U3

'*5,730

2U,1
.131

20,6li5r

23.275
5/

torope

Oceania

l'*,769
lU, 891

11.553
11,257

17,199
19.70U
21.053

12, 1*311
13,191*

Brittah
India U/

II

18,802
19.000
1.500
1,700
1,1|00

)50

l,6lt9
1,50!)
1.1*37

l,lioi

1,388

1.365
5/
5/

5,606
5.609
5.606
5,609
5.605
5.613

5,11"*

5.31**

5/

22,71*7
21,221*

6,680
7,863
9.706
11.670

lit,

903
I5.OU3

12,1*51

15.1*17

l'».015

13.115

6,080
5,818
5,850
5.977
6,205
5,9>*7
5,91*3

Other
Aala

1,103

Africa

.

8

. ..
.

73

Net NJovement of Silver to and from the United States
(In thoiuaadt of dollars)

CalandAT year
or month

Hot laporti from or net exports (-) to:

Onltad
Kingdom

Other
loropa

W"*

36.521

190

1935
1936
1937
1938
1939

2'»5.133

2.>t57

53.393

856

July
Aofuat.
September.
.

.

21.995
58.325
29.925
30.203

-3.780
-5.611
-8.951
-7.UF1

'il.715

31.597

-4.3tt2
-l*.787

968
696
851

6,786
7.381
6.513

25. 811

21

..313

6,2&

e:i6

1.713

189

61

173

'I

goe
699
372

1.639
1.103
1.803

Us
72
102

505
395
652

lt7
1U5
lUl

293
268
U3g

2.7U2
2.257
2.390

252

U58
15

715

112
129
225

20
109

U69
UlS
262

99
120
138

130
29
67

555
321
U93

175
191
288

13
35

-79

-23U
-16
-161

686
UOl
391*

2.137
1.821
2.56U

-2

578
515
580

2.560
1,631
1.960

U
2

-363

...

1
1

.

I93U.
19351936.
1937193«.
1939.
19 w.

'•3

China

a.967
227
69.996
5.61U

Hong
Eoag
2.873
6.787
3,U62

J^on
303
81*3

Other

AsU
13U
3,22U

730

396

'37
l.UlO
861

75

872
1.279
(Mh

87
138
IU9

'»,770
'*,653

67

66
85
83

l».256

-156
-71

187

311
-102

593
263
772

107
-198
-723

-1.127

113
305
512

99
225
79

March

33

1*33

617
672
1,202

223.1149

52

3.789

153
IU9

19l*l-Januar7.
Febniary.

Source:

86.I7U
335,730
170,851
79,835

-7'U

50U
10,808 2/
1,960
1,15U

-35

.

3U
118
U8

Total net
imports or
eiporte C-)

I.U99

31*2

October.
Hovember.
December.

.

All
other

61
7.725
396

tl

i^rll
Hay i/..
June J/.

7.1I08

2.IUU
1.271
2.930
4.23U
10,308

150

July
August ....
September.

,920
,OUg

Vet imports from or net exports (-) to:

Brltleh
India

-338
188
3.0SU

19l(0-Jan6.

381

-1,228
2,738
611
2,858
3.178
2.318

-19

igUl-Jacuary..
February.
March

Calendar year
or month

3.906
10,199

69

.

y

1.550

-l,l6«

^':|-

October.
NoTember.
December.

iprll
May il
June

^erlca

3't3

12,381

19Uo-Jmi«

Other Latin

Chile

Ovtba

12,1«7
5.tl6
6.798
10.915
7.078
6.IW7

3'>.120
13U,26>t

19110

Mexico

Canada

70
76

70.677
5U,760

5.363
3.927
'',517

53
129 r
82

U.567

2. '•75

3,1*1
3,13"*

3,3'*7r!j/

&.099

U. S. Dspartment of Commero*.

BoTited.
Inolxid*a not laport of $12,930*000 from Trano*.

I
it/

Inoludea net li^ort of $9<791iOOO from Slav.
In the Lntereet of national and hemlaphere defenee. the DepartBent of Commerce has tetspcrarlly euepended publication of ellTer
export tatletlca by country of deatlaatlon. Thla action la effeotlTe with atatlatlee for May I9U1. The fl^uree ahovn in the
t^le for May and June 19^1 for the rarioua conntriea repreaent ^oaa Lo^orte.
Oreaa eiporta amonnted to $6lU,7^ 1& May and to |209»778 in June.

!*/

OTHER

TREASURY

7^-

STATISTICS

75

Balance Sheet of the Exchange Stabilization Fund
As of Jime 30, 1940 and March 31, 1941

Jua« 30,

March 31,

19I1O

191*1

Caah:

Treaenrer of tba U. S. gold
Treasuxar of the U. S. ehscklag aocoTmt
federal Beserre Bank of Sev Tork, epeclal account....
Dlsbureln^ offlcera' balanoea and adrance accoontt...
,

tl. 800, 000. 000. 00

$1,800, (XX), 000. 00
1.56't.33't.2«

1,522,362.58

127,198.969.35
11,072.26

107,1*26.330.01*
13. 681. 98

,

Total eaah

»l,928,77lt.375.«9

$1,908, 962, 371*. 60

86,020,180.63

88, 3ll(, 920.01*

Special accoontt of Secretary of the Treaaiiry la
Federal Beserre Bank of Bew Torki
Special account Ho. 1, gold (Schedule 1)
Due from foreign hanka (foreign exchange):

France
Belgae
Sterling
Central Bank of China (eecured deposlta) 1/.

$

17.88
505.06
2,980.05
19. U7, 212.68

17.88
505.06
2,836.UO
19. U2. 500.00

Total due from foreign banke

Investaenta in

QoTernneBt aecurlties (Schedule 2)

19.115,859.3'*

19.120,715.67

10, 1*1*8, 723.13

10, 1*1*8. 723.13

Accrued interest recelTable (Schedule 2)

9,730-73

69,11*1.70

Other accounte (deferred chargea)

6,013.1*3

17. sa.**?

Commodity aalee contracta (deferred ehargea)

2.636.00

2,636.00

»2.0ltl*, 377. 519.15

$2,026,935,832.63

T7.

S.

Total asaete.

Llabllltiea and Coital

Accounte payablet
Vouchers payable
Due to foreign banka.

$

U. 018. 05
22, 81*5, 963.

508.738.62

Total accounts payable.

Cepital account

2.1*20.37

$

a

)

>

Zamings leaa adalniatratlTe expenaea (Schedule8 3 andU)

Total liabilities and coital.

22.81*9,981.26

511,158.99

2,000,000,000.00

2.000,000,000.00

21,537.537.89

a6.l*2U,673.6U

$2, 01*1*, 377 .519 .15

$2.026,935,832.63

Annual balance aheeta for the years 193^* through 19l*0 may be found in the "Annual Beport of the Secretary of the Treasury for
191*0*, Quarterly balance shsete conmenelng Deoember 31
193^ may be found in prerious issues of the'^easury Bulletin".
Consisted of 65,000,000 yuan as of June 30, I9U0 and 65,016,027.1*0 yuan as of March 3I, I9UI. (}«ld held ae collateral amoustad
to $19,379,015.65 as of both dates.

Back figures:

•

1/

$

Schedules for Balance Sheet of the Exchange Stabilization Fund

Schedule

1

location of gold hold by and for account of the Xxebasgs Stabilisation fund 1/

looatioB

76

Schedules for Balance Sheet of the Exchange Stabilization Fund (Continued)

Schedule 2
V.

leeue

S,

Savenunent seourlttat held by the Sxohance Stelilllietlon Fond

..

77

Vessels Cleared from the United States, Direct for Foreign Ports,
Classified by Nationality

Honber of Teeaela
19U1

19IW

Calandar jtar
igiw

Kay

192

33.'*22

3.055 3,1010

'.085

1*,206

3,160 3.079

Cleared to Canadian
Great Lakee ports..

7.963

8,B5U

998 1.233

1.596

1,705

1,038

Clea-ed to coaetal
and oTerseaa porta.

26,229

2l»,568

2,057 2,207

2,1*89

2,501

2,122 2,082r

American Teaaele.

7,822

7.576r

foreign Teesele..

18,lt07

l6,992r

1939

Grand total

3"*,

Belgian

756

751

1,301 l,'*56

July

Hot.

Sept.

iue.

855r

sUi

1.63'»r

1,660

997

Jan.

Mar.

Apr.

May

2.032r

2.662

3.692

362

1.078

2.300

2.61U

2,571

1.875

1.825

1,801

71*8

158

50

6U

1.823

1.717

1.775

1.737

l,9'*9r

U86

U68

1*89

553r
1.396

608r

l*91r

l.'*78 l,'*7'tr

1.332r

9)ii

rei>.

83

680r

938

l,620r

1.676

1,231

1.307

1.21*8

102

117

12

13

10

9

6

15

U

3

5

U

5

3

3

3"

7'*

5

11

5

5

6

7

5

9

7

8

12

9

11

1,022

1,061

902

889

758

661*

721*

783

1,020

1.057

1

2

1*0

36

52

35

1*2

1*7

39

25

18

22

30

23

19

27

1

5

U

8

10

12

1*

Brailllan

Brltlah

June

9,951*

9,U80r

669

Danish

60U

150

1

Dutch

653

537
ISO

rinnlah

Trench

285

Geman

33'*

8U3r
3

1

1*5

30

Ult

Ul

1*0

10

12

lU

19

13

137

19

21

2

I

2

50
18

708r

Greek

2U7

32Ur

19

19

27

33

1*2

27

26r

25

22

21

15

11

7

Honduran

699

860

87

80

78

75

69

80

72

66

71

68

81

8U

100

Italian

278

161

37

12

1

Japanese

793

762

66

83

63

62

57

66

76

55

51*

5"*

55

2,7'*'*

2,225

175

180

188

176

159

138

137

155

155

151

173

162

170

68r

56

71

67

79

79

69

67

70

82

75

9
31

12

8

12

15

16

9

3

6

7

33

39

38

2l*

37

28

25

33

28

5
3U

5
66

13

Norveglan
Panananlan.

580

61

55

Spanish

3'*

118

8

8

Swedish

1*67

361*

2U

20

. .

Tu^slaTlan.

Mo

.

Other flags r

7'*7r

92

9

6

69*

S"*

60

52r

59

5

9

8

8

11

11

19

13

19

59

50

62

5"*

72

57

69

72

66

Het registered tonnage (in thousands of tons)

Calendar year
1939

19110

191*0

Nay

June

July

Aug.

191*1

Sept.

Oct.

Hot.

Jan.

Teh.

Mar.

^>r.

•«ay

Grand total.

70.306

62.185

5.81*5

5.915

6.31*0

6.331

5,1*05 5.'*32

5.0I10

3.81*0

3.839

3.636

3.981

i*.605

5,729

Cleared to Canadian
Great Lakes ports.

12.030

13.769

1.67"*

2,008

2.125

2,098

1.662 1.605

1.1*38

259

139

212

27U

815

1,760

Cleared to coastal
and OTersea* ports....

58,276

U8.U16

U.171 3.907

U.215

'*.233

3.7't3 3,827

3.602

3.581

3.700

3,iiaU

3.707

3.790

3.969

Aaeriean Tesselo....

1U.869

l6.£ol*

1,501* 1,1*81

l,5'»3i'

1,531

1.303 l.ll03r

l,20l»

1.21*1*

1.186

1.317

1,1*39

1,386

1.636

foreign Tessels.

1*3 .'107

31.812

2.667 2,1*26

2,702

2.1*1*0 2.U2l«r

2.398

2.337

2.5ll*

2,268

2.333

Belgian

371

1*38

1*1*

5"*

39

30

2U

52

15

7

18

2.107
16

2,l*0l*

23

13

15

Braslllan

109

2l*5

16

35

17

16

22

23

16

3'*

20

28

38

23

3"*

837

1,022

1,121

870

790

792

7U3

896
12

661

662

862

71*2

93
26

160

88

121

125

96

31

U2

31

29

37

10

8

17

27

21*

6

Brltlah
Danish

.1*80

3U6

767
U

9

3

Dttteh

.968

2,000

175

98

129

126

lllO

152

107

137

273

17

lU

21

28

15

28

38

50l*r

90

81

8

2

2

2U

.901*

Tianiah
Trench

.922

Geman

.11*1

Greek

833

Honduran

91i*

60

67

85

99

12U

75

1.176

uk

107

100

102

100

Ul

991r

2r
70r

71

57

5'*

36

26

18

97

95

107

98

111

110

129

31*0

Italian

.982

885

185

39

3

.839

3.78U

335

3'*1

337

330

302

335

385

277

259

268

266

261*

Horvegien
P wnalwnni mn .

.1*17

5.501r

»*33

389

1*26

1*07

373

3U7r

1*21

399

1*17

1*17

1*10

377

.097

2.658r

220

173

233r

201

236

21*6

373
288

297

285

228

268

279

262

, , .

Spaaieh

106

382

27

25

ito

38

25

38

50

1*7

32

9

22

23

19

Svedish

.l*5U

1.050

87

58

103

82

123

52

109

107

75

95

250

28

18

13

3'*

u

22

16

90
2U

76

116

105
2U

26

39

30

1*1

617

930

65

81

93

86

73

76

91

91

116

80

100

112

122

.

Other flage r

r

10.l*00r

Japanese

TugoslaTlan.

Source:

2,672r

.

Reports froii Collectors of Customs,
SeTlsed.

78

Vessels Cleared from the United States, Direct for Foreign Ports,
Classified by Port fron which Cleared

79

Treasury Department Criminal Cases In the United States District Courtsi/

COPY M 0.1

Treas.
HJ
10
.A2
1941
C.2

U.S. Treasury Dept,

Treasury Bulletin

US TREASURY

LIBRARY