Full text of Treasury Bulletin : July 1942

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BULLETIN
OF THE

TREASURY D"=:PARTMENT
JULY

1942

Analysis of Receipts aiid Expenditures
Composition of the Public Debt
Prices and Yields of Government Securities
Other Treasury Statistics

JUl 3

Tft{?

TREASURY DEPARTMENT
OFRCE OF THE SECRETARY

^^^mv

"fp^iriMf \r

Bulletin of the Treasury Department, July 1942

Cumulative Table of Contents

Bulletin of the Treasury Department, July 1942

Cumulative Table of Contents

-

(Continued)

Bulletin of the Treasury Department, July 1942
Cumulative Table of Contents

-

(Continued)

SUMMARY

OF

FISCAL

-1-

STATISTICS

Budget Receipts and Expenditures

Public Debt Outstanding
(In mllllonB of dollari)

RECEIPTS

AND

-h-

EXPENDITURES

Appropriations and Net Contract Authorizations for the War Activities Program
As of June 30, 1942^
Data
approved

Act

Tltl* of act

refaranoe

Approprlatlo&a

Vet contract
anthorliatlone 3/

76th Con^eaa, Third Saeelon
Mar. 25, 191*0

l«U2

Treaiury Copartaent Appropriation Aot,

19'*1

53.965.03!)

Apr. Ig. I9U0

U59

Independent Offices ApproprlaUon Act, I9UI

11*9,500,000

May

2,l*gg,000

191*0

50«

Departaent of Juetlce Appropriation Act, I9UI (Title III)

Juns 11, I9U0

588

Navy Departaent Appropriation Act, 19^1

1,308, 171, 138

June 13, 191*0

611

Military Appropriation Act, I9U1

l.'>99,333.333

June IS, 191*0

fil*0

Interior Departaent Appropriation Act, 19^1

June

ll«,

21*,

191*0

653

War Departaent OlTll Appropriation Act , I.9UI

June 26,

191*0

667

ClTll

June 27, 191*0

66s

July 18. 191*0

9t

Sept. 9. 191*0

781

Sept. 21*. 191*0

99

Actmtlee

15,000,000

Hatlonal Defanae Appropriation Act, 19U1

g, 191*0

gOC

Third Suppleaental Hatlonal Defense Appropriation Act, l^kl

Oct.

9, 191*0

S12

First Supplemental ClTll Tunctlone Appropriation Act, 19UI

Oct. lU, 19U0

106

Public BcBolntlon (Hatlonal Defense Housing)

U7. 000. 000 3/

2.1*97.016,393

- Military Paeta and Aaqnlsltlon of land).

Oct.

,

50.000,000

1*0,000,000

,

Second Suppleaental Hatlonal Qefonse Appropriation Act. 19^1

Total , 76th Confess

11. 01*7.000

17,656,900

Public Beeolntlon (War Blak Insurance Tunl)

?nMlc Sasolntlon (War Qepartaent

lU, 000,000

901, 057

1,1*71*,

19^

Second CeTlolency Appropriation Act,

t

1*95,000

338,363,903
1.333. 1*1'*. 083

60.000.000

lUg,g31.000
75.000.000

Third Session

*

g.9UU. 015.838

t

183.01*7,000

*

Uoo.ooo.ooo 2/
2.523.032

77th Congresi, Vlrst Seeelon
Jan. 31. 191*1

U

Public Law (Haval expansion prograa)

Feb.

5

Public Law (^ergency Ship Construction)

313.500,000

Feb. 13, 191*1

6

Public Iaw (Clothing

175,000.000

Mar.

9

Urgent Deficiency Appropriation Act, 19^1

6,

191*1

1, 19UI

eoid

Equipage - War Department)

6.01*7.775

191* 1

11

Public l£v (Haval expansion program)

Mar. 17, I9UI

13

fourth Supplemental Hatlonal Defense Appropriation Act, I9UI

1,376, 1*61*, 60S

Mar. 37,

191*1

33

Defense Aid Supplemental Appropriation Act, I9U1

7,000,000,000

Apr.

1,

191*1

25

nret Deficiency Appropriation Act,

Apr.

5.

191*1

38

Independent Officee Appropriation Act. I9US

399,360,000

180,000,000

Apr,

5,

191*1

29

Pifth Supplemental Hatlonal Defense Appropriation Aot, I9UI

3,393,337,930

530,330,000

Hay

6, 191*1

U8

Havy Department Appropriation Act, 19U2

3.1*15,521.750

Mar. 11,

2.1*51.1*01.1*68 if

,

I9UI

llU, 1*58, 1*68

May

33,

191*1

n

War Department ClTll Appropriation Act

May

2l*,

I9UI

73

Additional Urgent Deficiency Appropriation Act, 19UI

Kay

31,

Treasury Department Appropriation Act

I9U2

,

3U. 932.000

88

135

June 3g, 191*1

136

Interior Department Appropriation Act, I9U2

June 30, 191*1

139

Military Appropriation Act, 19U?

July

1,

I9UI

IU6

Labor

July

3,

63.193.15b

Department of Justice, J\ullclal, State and Commerce Appropriation Aot, 19^2.

-

79,000,000

168,556.000

19U2

191*1

June 28, I9UI

,

58.000,000 J/

139.337.750
3.035.000
10, 38U, 831,631*

Federal Security Appropriation Act. 19^3.....

..»......•••.

191*1

150

Second Deficiency Appropriation Act, 10^1

*««• 25. 191*1

31*7

Flret Supplemental Hatlonal Defense Appropriation Act, 19^3

997.800.831
6,^5,013.Ul*g

Oct. 28, I9UI

382

Second Supplemental Hatlonal Dafenae Appropriation Act, 19^3:
(Title I)
(Title II)

5,985,000,000
15^.005.585
9,077,031,91*7

•

••••••.•

Dec. 17, 191*1

353

Third Supplemental Hatlonal Defense Appropriation Aot, 1943

Dec. 23. 191*1

371

Joint Besolutlon (War, Philippine Relief, and Defense Housing)

•.*.••.

136,11*5,695

173,168,500

3.000.000
1,000,000,000

2l*l*,000,000

510.000.000

Total, 77th Congresa, First Saeelon

» '•9.322.355.350

5.071*,

390,195

77th Congress, Second Session
Jan. 30, 191*3

1*22

Fonrth Supplemental Hatlonal Defense Appropriation Act,

Feb.

191*3

1*1*1

Haral Appropriation Act,

Fob. 12, 191*3

1*53

Joint Sesclntion (Financial Aid to China)

Feb. 31, 191*2

i»63

First Deficiency Appropriation Act, 19U3

Mar.

191*2

1*71*

Fifth Supplemental Hatlonal Defense Appropriation Act, lSk2

Mar. 37. 191*2

507

Second War Powers Act, I9U2

Apr. 38, I9U3

527

War Department Olvll Appropriation Act,

Apr. 38, I9U3

538

Sixth Supplemental Hatlonal Defense Appropriation Act, 19U3

June

I9I13

573

Joint Resolution (War Risk Insurance Fond) .,.•.••.,•«

June 19, 191*3

616

Joint Resolution (Education and Training)

June 33, 19U3

636

June 37, 19U3

630

Seventh ^ppleaental Hatlonal Defense Appropriation Act, I9U2 6/
Independent Offices Appropriation Act, 19U3

7,

5,

5.

191*3

19>«3

13,535,873,1*71*

33,738,865,l*7U

k/

t 4,670.000.000 2/

500,000,000
13't.

703 ,91*8

30,1*12,737,900

^

3.350,000,000

985.127
iglJS

57,886.985
I8.932.12U.093
,

Total. 77th Congress, Second Sosolon

(Contlsned on following page)

.,..,..

150.1*00.000 2/

310,000,000

9.500.000
655.074,71*0

3,113,500,0002/1/

1.051.718,371*

90,000,000

88.339,1*69,015

$10,373,900,000

Appropriations and Net Contract Authorizations for the War Activities Program
As of June 30, 1942^- (Continued)

Data
approved

..
.

..

Budget Receipts and Expenditures

Table 1»- Summary by Major Classifications
(In

inioB»

of

doUan)

H»e«lpti
Oreti r«c«lpta

naeal 7*ar
or Moath

Total
recalpta

Int«rnal
r«T«nua

2,080
3,116
3.800
U.II6
5,29^

1.60U

6,2>«2

5.67't

5.66«
5.925
8.269
13.66s

ClUtOB*

lip»ttdltttroe 1/

Lea* nat aaonnt*
transferred to
?«dor«l 01d-A««
Hot
Total
Oth«r
recolpti expondltorai
and SurrlTors
reealptt InauraBC* Tnut
Fund U/

265
387
503
538
661
869

5.029
5.655
5.165
5.387
7,607
12.799

28

1

1.276

1.528

687

832

-1

"3
157

'•13

1.598

>t62

397
1,135

1.55
LSTH

SU
30
33

23
18
22

i
2

1,212

383
539
U88
U03
686

966
1.129
1.327

2

'?
36

19
19
23

35
27
33

2H
31

36
179

578

22

1

3.567

32
30
28

16
26

37
201

695

1*2

1

2,592

2.080
3.116
3,800
lt,ii6

I»86

a6
ao

5.161
5.303
7,362
12,993

359
319
3U9
392
389

208
188
273 10/
515 11/
286 12/

1.277

l.Zll

38

"56
55^
1.136

1*00

37

1.077

October.
VoTMibcr.

lt«9

U31

730

SxKBbar.

1.2lU

683
1.159

19351936.
193719381939-

19'»2.
l?**!-;!!!!*.

Jnly
kagoM t . .
S«ptaBb«r.
.

.

61U

2.6ltl

3.278
3.513
".597

251
313
3''3

387

501

555
879

March

3.5S«

April.
lU/...
Jnns.

732
76U

68>»

2,l»9U

2.1*2lt

3. '•93

708

5/

&C-

3.86U
6,011
7,010
8,666
8,177
7.239
8,707
8,998
12.711
32,397

225
162
179

1933193'»-

Transfers
R«to1t1bc to tmat Bud^t
funda
tlTltlM
aecoonta deficit
(Mt)
1/
ate.
6/
1/
1/
VftT

Oaacral

2 .98?
U .91*
5.905
5,9'tl

6,it>e

5.869
7.226
7.061
6,221 12/
6,050

2.083
1,858
2,62*
2.629
3.'»Zl

1*87

U19
602

680

7'*

121

531

U96
3U5

71
71

11

689
900
929
1.029
1,206
1.657
6,301

20I1

121
92
5^*

-136 12/
18

25.951*

Pnblle
dstt
r»tlr«-

•ati
2/

1,78U
2,896
3.209

1*62

.8IU
603
220

'»,550
1,381*

H03
lOU
65

182
226
325
375

3,5^*2

58

3,611
5,103
19.598

95

10

252

17

3,16?

360

1.185
1.133

3

2

6

739

15

t5
10

1.29'*

1.8U7

9

1.329

ll

2.101
2,201
2,797

U2

2.050
1.871
-186

15

-1

9
22

1.637

7

3
1

U8
3.231
2
3,058
2
3.553
3,391
1
g.037
3.82J
Horn* Loan Bank stock (resold to Reconstruction Finance Corporation) - $125 millions; ratiramant of Treasury Investment in
Federal Savings and Loan Association shares - $10 millions;
sale to Reconstruction Finance Corporation of bonds held by
Public Works Administration - $9 millions.
12/ Beoelpts from capital stock and paid-in surplus reductions
that are available to be reissued under existing law are not
reflected under receipts, but rather are included as negative
Itsas under expenditures.
During the fiscal year I9U1. redactions in capital in this manner were as followst Under
general expenditures: Banks for cooperatives - $60 millions,
and Federal land benks - $100 millions; under revolving funds:
Federal Farm Mortgage Corporation - $100 millions. Federal
intermediate credit banks - $1*0 millions, and production
credit corporations - $15 millions; a total of $315 millions.
13/ Includes $18 millions representing a partial return of amounts
paid to the Commodity Credit Corporation for restoration of
Capital impaliveat.

3.753
3.953
•.530

D&lly Trearar7 Statements.
than $500,000.
Excludes pahllo debt retiranents.
Tor further details, see fahle 2.
Jot further details, see chapter on Cnstons Statistics in December "Bulletin".
Jot explanation see tables which follow on the Social Seeuritj program.
I^r farther details, see Table 3*
for further details, see Table U.
Tor further details, see Table 3.
Also see footnote }*/.
Total expenditures lees net receipts.
Represents
retirements
required
law chargeable to the Sinking Fund, and
by
2/
retirements under special provislone of law from other funds.
10/ Includes partial return of amounts paid to the Commodity Credit Corporation
for the restoration of Capital impairment - $1*U millions; and the repurchase
by Federal saringB and loan associations of the Treasury Department's
investment in their shares - $10 millions.
11/ Includes recoTeriee of tJ. S. investments In capital funds as followst
fieconstruction Tlnance Corporation stock retired - $175 millions; Ttoderal

Le»

'•75

Uoo
706

Table 2.- Analysis of Receipts from Internal Revenue^
(In BlllloBa of dollars)

l^ploymant taxaa
Flaeal y«a
or month

1933193«19351936.
193719381939191*0.

191*1.
191*2.

19ltl-JUBS

July
August. .
Saptembar.
.

October.
Sovembar.
Da camber.
.

19>)2-Januai7.

.

FabmaZT..
March
April.
May...
Joaa.
ce;
•

1/
2/

Total

Income
and
profits
taxes 2/

Iot»l

Social aaourity taxea j/
Fadaral Insurmnea
Vadaral trnamploymant
Centributiona Aet
Tax Aet
(Old-aga Inauranee) ([Jneaploymant Inauranoa)

Carrlara' Taxing
Aat of 1937
(Railroad
ratiramant)

Miacallaneoaa
internal
revenue
U/

I.60I*

7>^6

858

2.6UI
3.278
3,513

818
1.099

1.1*70

It,597

2,163

5,67»t

2,61*0

5.161
5,303
7,362
12,993

2,189
2,125

1,1*27

3, '•70

7.960

253
7S0
833

925
1.186

19U
51t
530
605
691
896

5«

90
101
108
98
120

150
109
121
137
170

1.657
2,010
2,181
2,279
2.232
2.3»5
2.967

265

2

1

6

268
269

31

261

916

30

3

llOO

bu

U«

501

59
780

173
35

•5
160
3

7
1

68
66
767

1*9

>i6

2

180

168
U

7
1

3'»

39
1(1

13

1

369

71

U

31*0

2

H2

361*

''31

683
1.159

555
879
3. '•93

133
283
3.083

681*

708
2.1*21*

2l6
2,086

39

53

^S
t3
222

20U

Dally Treasury Statements.
Less than $^.000.
For further details, see chapter on Internal Revenue Statistics.
Includes unjust enrichment tax.
!t/

31"
1.36

353

305
270
298
35
For tha period prior to September 1939< the data In the
coluans entitled Federal Ineoranoe Contri^tlona Act aod
Federal UneaploTsent Tax Aet repreasut collections under
Titles 7III and II, raspectlTely, of the Social Seeorlt/ Act.
Includes chiefly alcoholic bevera^ taxea, tobacco taxes,
manufacturer a' and retailers' excise taxes and estate tax.
3

1

9

9

1

llO

353
521
77

3.8'»7

26

1,211

1,077

Agricultural
adjustoent
taxes

Budget Receipts and Expenditures - (Continued)
Table 3.- Analysis of General Expenditures

.

'

Budget Receipts and Expenditures
Table 5.- Analysis of Expenditures for

-

Revolving Funds and

(1)

(In

lUlou

(Continued)
(2)

of doll&ra)

B«TolTiiic fundi (n«t) l/

Tlec&l year
or aontb

Md

Tranafera to truat accounta, ate.

Pntllc
workt

to

a^lcultnrfl

Tatarana'
Itelala.
tratian

Total

y

2/

Transfers to Trust Accounts, Etc.

Social
Sacnrlty

JtL
1933

7t

7U
3U6

llt9

1^

lUl
-33
.18
-13

204
UU
221
13^

I93>t

1935
1936
1937
1938
1939
19M0
19U1
19UE

11

121
92

101

-6
-136
IS

-159 6/
7

U

22£
325
375
10

59
23

-1

-1

Jnljr

2

2

in^aat,..,
Saptea^er.

3

3

2

2

Octoliar. ..

15

15

HoTeaber.

.1

-1
-2

19Ul^an

121
71
71
l.SlU
603
220
182

(^Tercnent

A^l cultural

OBploy^eea
ret Irene nt

Market Inc
Adainletratlon

(IT.

fundi
(urplue conmodlty
3. ihare)
taa^i)

100
50
50
1.773
557

21
21
21
to
UT

1U6
107
121
132

10

73

1

75
87

18

93
103

91
126
10

50

103

lU
6

«

15

15
10
9

32

\h
10
9

19U2-Januar7...
f e^n]aT7.

1»2

32

9

9

March

22

22

Deceaiber..

April
May
June
Sourca:
•

1/
2/
3/
U/

.1

6

Its

10

32

17

1

Sally Treaanry Btataaanta.
lasa than $500,000.
Additional tranaaetiona oa lid to acrlenltBra and Pnblic «arka
ara ahown in Tabla 3*
tim Credit idalnlatratlon.
Public Worka Adalniatratloii.
Co^irlaaa idjtiatad Sarrlca Cartifloata Itand asd tha latloaal
Sarrlea Ufa laavaaea rand, adalnlatarad ty tha Tatarana'

^

iBdndaa railroad ratlraaant aad railroad nnaaplojaant aotlT-

6/

Itlaa.
Tor forthar axplanatlona aaa tablaa «tildh follow on
Social Saenrlty prograa.
Baflaeta radnctlon of axpandltoraa throng recoTOriaa of inraataanta la Ci^ital funda of OovamBantal a^nelaa a^gragatln« tl55 lUlona.

JLdalnlatratlon.

Table 6.- Totals by Months, Beginning with 1933
(In alUlona of dollara)
Jan.
Sat recalpta l/
1933

WU
1935
1936
1937
1938
1939
19U0
19U1

lie
211
203
228
239

Mar.

272

111*

1*20

21I*

182
228
231
318
262

31*0

51*1

578

758

3.5'»7

272
695

21(6

31*1

63U
528

573
570
636
766
705
820
822
1.399

271
315

^r*

112
206

601
752
967
916
687
799
1.566

291*

191(2

Tab.

218
230
308
367
itUU

30U
565
695

H«7

Jtma

286
391

157

2be
256
290
373

529
828

It6U

July

163
218
279
291*

*"«•

Sapt.

oT.

Sec.

Total

188

321

256

209

1*1*9

21*7

1*21

260
235

332
385

2.526

286
299
3U3

231*

U31*

3.857

1*12

^?

1*1*9

272
292
300
279
333

233
286
350

517
823
672
521

5.798
5.650
•.918

362

71*0

1*1*5

561*

1,212

537
701
632
677
565
737
721
869
2.083

361
559

507
636
807
716
635

'».389

8^

097
885
657
19.053

3''7

557

1*00

61*9

367
273
265
331

39U
563

1,276

"•13

397

678
676
711
1.135

292
561

5W

771*

Oct.

372

W7

361*

3.i*92
l*.372

5.83"*
8,8ll9

2,1*92

Total ezpeodlturea 2/
1933
viV*
1935
1936
1937
1938
1939
19UO
19IH
19U2

et

1*82

521
539

1*80

1*92

i*7lt

6^6
712
1,111
2,628

612
668

51*6

1.075
2,629

3.1*21

"US
6U3
599
631
695
631
730
783
1.315
3.753

301
661

527
686

2,1*27

511*

1.253

301
611
561
656
635

566

1,11*1

930
895
887
1.528

^6^
S18
1.598

3.95J

't.530

1*50

6U3
693

Usi*

w,

l*2U
571*

517
6M5
77t
706
1.529

3i»

570
676
632
71*

7W
^2
1,871*

1*89

6>*8

817
1.858

832
1.172
2,51*2

7.281*

682
2UU
751*

budget deficit l/

1933

156

13"*

I93U
1935
1936
1937
1938
1939

1*8U

1*28

69
153

279
293
300
198
385
398
771
2.050

31U
262
316
166

-31
-116
-200
-212

21*5
22I*

53>*

132
22
-167

1.871

-126

191*0
191*1

19U2

Senrea:
1/

Sally Traaanry Stataaenta.
Total recelpta leaa net aaoonta tranaferrad to Tadaral
Old-Aga and SorrlTora Inauranca Tmat fond.

WO
377

369
517
U79
750
3.058

166
2U7
281
1*30
22l*

193
31*8

2l»7

7U7
3.391
2j

j/

161*

252
230
1,898
1*25

156
339
237
252
2,037

138
393

282
362
268

lOl*

281

21
95

275
125
231
105

177
-115

273

152
312
255
331
171

1*1*1

11*9

W5

1.51

195

1(0

'»37

296

1*99

1*02

65

1*1*2

281*

U87
1.185

298
1.133

1*8

739

536
1.637

1.29't

Ixclndaa poblle debt ratlraaanta.
Total axpaadltaraa laoa nat reealpta.

U55

175
251
173
199
-188
157
632
1.329

1,863
3,792
2,825
1*,872

1.956
2,1*1*7

3.967
3.823
10,201*

10

BUDGET RECEIPTS AND EXPENDITURES
1940

1942

JMMJSNJMMJSNJMMJSNJMMJSNJMMJSNJMMJSN
4.5

40

3.5

3.0

2,5

2.0

1.0

. .
.

11

Receipts and Expenditures for Trust Accounts, Increment on Gold, Etc.
Table 1.- Trust Funds
(In allllona of dollars)

TotU
Tlacal 7ear
or month

truBt ftinds,
net receipts (+)
or net ezpendltnree (-)

Tederal Old-Ace and
SorrlTore Insurance
Trust Tond

xpendlEeeelpts

Net

lallroad
BetireBsat Aocount

UneaploTBent
frast ftmd
let

^^^^

^,

Becelpts

Other
truet accoimta 1/

Xxpeadi.-

Bet

RacBlpta

t^.

Beeelpta

1933

-5

-5

1931*

-fau

+2l|

1935
1936
1937
1938
1939
igui

+6U
3''
+19
+11
+29
+37
+37

19'»Z

+«U
19

267

'>«6

+10
+9

9IIO

267
iwi
529
577
707
931

19141-jiine

-185

-186

56

iki

J1117

*hl

+1*5

'»3

+160

+159
-202

157

-196

1

-3
-2
203

t7

+115

+172
-189

+168
-207

lA
166
2

febroaiy.
March

+l«7
-172

+37
+135
-171

i4>ril

+^7
+181
-205

+37

19I1O

,

in^ust. ..
Septeaber.
October.
NoTember.
Deceober.
.

19'*£-JBniiapy.

HW
Juae
Source:
•

1/

)|02

+1
+1
+3

530
580
717

+in
-215

+12
+1
+1

-M

+51.

29't

2^

763
838

751

95?
1,11*
1.21A

837
957
1,118
1,2U3

51

U9

-7

5•

176
2U

-2
-2
209

-5

7*

:i

37
179

-1

1

37
202
70

+20

+2
+S
-2

-It

109
123

107
125
116

+2>t

31(9

ill

IW

+35
+20

57

366
U09
512

-2

66

68

127
20
28

126
19

31
18
27

23
18

+11

2
lOi

U

Sit

32

192
60

79
189
55

75
203
29

83
191
33

32

173

-8
+12
-U

«

+1

25
285

-5
+2

U3
220

Us
225
6s

32

28
22
e

32

32
«

1

285
210
237
2.020
838
327
325
331

l>t6

89
171

6l|

280
233
301
2,053
858
323

XzpendltnreB

2

1

^1

21

15

Ms

28
23
39

'f
36
96

29
27
89

Dally Treasury Statenenta.
Laaa than $rO0,000.
Includea Ooranment laeuraaee and retireaent fuads, etc.

Table 2.- Other Funds
(In

Traaaactlona la ehecklac accounta
of Oovernaent agenclea, etc.

naeal 7*ar
or Bonth

Total all
traaaactlona

laeuanee
of obllgatlona 1/

-818
-73U
+637
+108
+JlU

1933
193''

1935
1936
1937
1938
1939

+20lt

I

19'tO

+3'*

+1.106
+288

19'H

-217
-3.685

-1,809

+768

19't2

852

July
Ao^uat.
Septeaber.

!i^5
-93

October.

-272

.

**OTeaber.

I
-1,069
-1,815

+569
-3
•

-93

-1
-617

-270
-lis

December.

-IW

9

-IU9

19U2-Janu«i7.
Tebruazy.
March

-681
-35
-75

-feS
-S3
+17

-56
-IS
-92

-189
-U30
-l,tl7

-12
-2
-1.120

-176
-1««
-29?

iprll

May
June

Belgalorace on ollTer

laeraaaat on geld

Other
tranaactloaa

-80

-80

I9'»l-June

lllloas of dollara)

Ii^adlRaeelpta

+811
-111
-MOJ
-99
-51
-5

Seoaipta

turea

Mlacellaneoua fnnda
and acconato 2/

Ixpendltnrea

Hecelpta

2,000
+iito

ll«0

l40^

+176

176

101
52

+>to

iio

+90

90
90

5

+20
lit

U9
20

lU

+2

Ixpendltnrea

.

.

12

Means of Financing Cash Requirements
(In allllou of doU*ra)

Maana of flnaaolos

teouat raqolrad to ba flnancad

7W

TltCAl
or Boath

Total
aaofiut

lat
bo/l^at

daflelt
to ta
fiaaaead

3.052

1933...

1935...

3.209

3.209

1936...

5.390

'».550

1937...

3.1'^

3.l''9

193«..-

l,3g"»

1.38't

1939...

Ij.lSlt

3.5't2

I9l<0...

3,611

3,611

19'a..

Bat
azpanditnraa
In trait
aeconati,
Incraaant
OB sold,
ate. 2/

823

1,78"*

2,896

193H...

lat
locraaaa
In Oaaaral
rami
balanca

1,720

8llO

at
total
aaonnt
floanead

laeraaaa
In
public
dabt

3.052

3,052

>i,6l6

lt,5lU

3.209

i,6iie

5,390

5,078

3,1'«

2.6U6

H,l6U

3.275

3,611

2.528

llW

5.99'«

5,99>»

5,99'»

5.103

7te

23,1(61

19.598

358

3.506

23,)>£l

23,l»6l

l,2>tl

252

729

259

l,2>tl

1,2>U

Joly

1,U5

1.185

incatt....

l,lKIS

1.133

27H

2

.

I9>ie...

I9iii^«i

9«pt«ab«r.

1.033

739

Ootobvr.

2.23*

i.637

.

1.778

l.29"»

Daciaber.

2,898

1.329

19>«2-Janiiai7..

2,683

2.050

fabnukry.

2,>K2

1,871

March....

108

IOTiBb«r.

•

376

l,2ltl

fond
balanca

1,185

551

1,>I08

l,)lOg

10)

7'H

821

128

37W

338

306

312

890

9U7

136

3t

599

293

1.033

125

225

2,23«

2,238

HSU

1.778

1,U56

328

2,898

2,898

fi33

2,683

2.073

2,>I82

2,369

23t

108

39

69

612

-1262/

daoraaaa
In Oanaral

607

322

610
111

Iprll.

3,18U

3.058

1?6

3,1«U

2,5112

6>»2

Hf...

3,61t«

3.391

257

3,6'W

3,609

39

Jnji*..

3.852

2.037

1.635

3.852

3.852

Sonrca:

1/

Dallj Traanir Stataaanta.
Xxclndaa public dabt ratlraaanta.

179

2/

^

raeaipta
In trnat
aooonnta,
Incraaant
on sold,
ate. 2/

1,38U
622

at

Coaprlaaa truat accounta, chackios account* of OoTornaant
asanclaa, ate, Incraaant on gold, Balgaioraga on allrar,
a^ alacallanaoua funda and accounta. Incraaant on gold
axolodaa axpandlturaa for natlonAl bank nota ratlraaanta.
lat bolgat anrplu*.

.
.

13

Social Security Program

Section I.- Budget Receipts and Expenditures
Table 1.- Social Security Act
(In BllUeas of dollari)

Booolptt
Oroti rocolpto
Social BacnrltT' tazaa

Titc«l /ear
or Bonth

1936
1937
1938
1939
WliO
Witl

252.2
604.1.

631.2
712.2

7M.2
.015.6

191*2

19UUtui
Jnlj

io^tt.

. .

SaptflBbar.
Oetolicr. ..

D«c«ito«r.

19US-JuiiW7. .
Nareh
April
Kay
June. .

. . .

Toderal Innranea
ContrltetloDO Act
(Old-a^o Insurance}

Tadoral UaaaploTBont
fax let
(UneiiploxBent Invaranca)

1/

2/

L#ti uiovBtt orodlted to
r«l*ral 01d-J«< (od
SoTTlTOrt tnaorKnc*
Ira»t fnnrl i/

let
r«c6lpta

..

1*

Social Security Program

-

(Continued)

Section I.- Budget Receipts and Expenditures - (Continued)
Table 2.- Railroad Retirement Act
(In llllont of doU*r>)

IzpeDdltoraa

X«ealpti

lxe««a of
fltcal j«ar
or month

Transfflrt to

MalnlatratlTa

Carrier** Taxing
let of 193T

&AlIro«d Betlrcaent
Aceonnt (trust aeeoiint)

•xpaaaaa

Total

i/

H«fuadt
of

expsMlturet
2/

tftxet

.3

.3

.3

1.5

150.1
109.3
131.0
136.9
170.0

l'*9.0

110.0
123.3
128.2
i>M.;

1.5
2.6
2.9
2.6
3.8
7.6

19Ul-Jun*

26.1

.7

.7

July

.9

U6.9

ue.u

.

5.6

.8

Soptoaber.

31.1

.5
.8
.5

Octobsr.

1.1
5.2
33.9

32.2

.7
.8
.8

31.5

31.1
-U.U
-33.1

.5
.7
.7

31.5

30.7
-3.5
-10.9

.6
.6

31.5

30.9
-8.5
-3^.5

1936
1937
1938
1939
igito

19U1
19i»?

Au^lt.

..

.

Iforomb«r.
CflcBiDber.

19U2^anuar7.

•

5

.s
.8

1.3

32.0

March

U.2
Ul.6

.7
.7

April
Hay
Juno

1.2
9.0
35.0

32.1

.

February.

Soureei
•
1^/

.6
.5

1

1U6.U
107.1
180.7
IJU.U

-1

lltO.9

-81

2
-8

-25.U
1*6.0

-U.g
-30.6

.5

Sklly Treaniry 8tat^*nti.
LasB than 1^,000.
Inclodat only •zpcndltures froa appropriations nads sp^elfloally
for adulnlstratlTO axpansss ralatlof to tha Bailroad Batlrsaant iot.

3/

CoTerad \j approprlatlona froa tba Oanaral Fund of
the Treasary,

Table 3«- Railroad Unemployment Insurance Act-^
(In Billions of dollars)

Kxpandltaraa

Racalpts
riBcal 7ear
or aoath

1936
1937
1938
1939

lallroad TuoBplojraant
Insoranca contrlbatlons 2/

J

19'tO

19U1

6.8

8.5

19't2

total

idalnlstratlTfl expanses
(Hallroad Uneaployaent
Insurance Administration fund) i/

.5

.5

5.0
10.9
6.U

5.0
3."
2.5

Transfers to Sallroad
Unaaployneat Insiiranca
Accoont, UnemploTaent
Trust Fund U/

Xxcass of
expenditures
5./

.5
.1

7.5
3.9

U.l
-2.1
-1.3

19Ul-Juno

1.6

.3

.3

July

•

U.l

.2

.1

.3
.2

.3

.2

.2

-1.6

.2
.2
.2

-1.7

.2
.3
.2

-2.0

Au^st,

. .

Septeobor.

1.8

October. .
SoToBber.
December..

.1

•

1.9

.2
.2
.2

19''2-Jaauary...

•

.2

Tabruary..
March

.1

.3
.2

«

April
May
June..

Soureal
*

1/
2/

2.2

. .

..

.1

.2
.2

2.2

.5

.2
.2
.3

EUly Treasury Statenantl.
Leie ttaaa $50,000.
Operated as Bailroad Unemployment Insurance Administration fund.
Bepreeeots 10^ of contributions under the Bailroad Unaaploynent
Inaurance Act; the reoalnln^ 90^ Is deposited in the Railroad
Uneaployaent Insurancs Account, noamployment Trust fund (See
Section II, Table 3). Kzcludes amounts appropriated to Bailroad
Uneaiployment Insurance Administration ]^lnd aqulTalent to amounts
of taxes collected with respect to the period from January 1936
to June 1939* IncluslTe, from snployers subject to the Bailroad
Unenployvent Insurance Act, as follows (in mlllloBs)! Calendar

3-9

2/

kj

.2
.1
.2
.2
.2
.1

-1.9

y«ar 1936 - *2.7, 1937 . $5.3 1938 . »6.g, and for the
flrat six months of the calendar year 1939 - t2.9,
a^^egatln^ $17.7. Thees oQounts are Included In
Table 1 under Federal nnenployment Tax Act (unemployment insurance).
Includes only expenditures from appropriations made
specifically for admlnlstrstlTe expenses relating to
the Railroad TTneaiployment Insurance Act.
Represents excess funds of the Bailroad Unemploymant
Insurance Administration fund (under Act of Oot. 10,
19'tO).

^

k.l

Covered by appropriations by Confess.

15

Social Security Program

-

(Continued)

Section II«- Statements of Trust Accounts
Table 1«- Federal Old-Age and Survivors Insurance Trust Fund^
(CuBolatiTa froa organisation - Xn lllloai of dollar*)

Becalpts

Xnd of fiscal
7«ar or nonth

16

Cash Income and Outgo of the Treasury, by Major Classifications^

17

CASH INCOME AND OUTGO OF THE TREASURY
1938

1937

1940

1939

1942

1941

DOLLARS^
Billions

Cash Income
2.5

2.0

1.5

3 AAonth

Moving Average
1.0

/-

-•~-

-_--

^

-~x_ -;^

ntoili
iOiMiOlu
JMMJSNJMMJSNJMMJSNJMMJSNJMMJSNJMMJSN

JMMJSNJM^AJSNJMMJSNJ^AMJSNJM^^JSNJMMJSN
3.0

3.0

Net

Cash Out^o

Negative figures represent Net Cosh Income
2.5

2.5

2.0

2.0

1.5

1.5

r

3 AAonth

Moving Averaged.

y

r

1.0

1.0

mi

^-4t7yr4mt;bU;7tdi

rUtji.-i

n-n
JMMJSNJMMJSNJM^AJSNJ^A^AJSNJ^A^AJSNJ^AMJSN
n

1937

I

]

1

I

I

I

1938

I

1

I

I

I

1939

r

I

I

I

I

1940

I

I

I

I

1941

I

I

I

I

il

[

1942

I

I

I

I

il

-.5

GENERAL

FUND

OF

-i«-

THE

TREASURY

19

Assets of the General Fund of the Treasury
(In allllonf of

Ind of flical
year or aonth

doUurt)

Bullloa, coin,
and eurrencj

Deposit* In
Tederal
Reierre Bank*

Special deposits

.

20

Analysis of Change in Balance of General Fund of the Treasury
l^ln mlllione of dollars - Net Increase or net decrease (-)J

Working balance
Total
Change during fiscal
year or month

ehas^

In
General

Tond
balance

Total
working
balance

Oener&l
and
special
accounts 1/

Public
Trust
debt
accounts
accounts 2/

^

MiscelChecking
laneous accounts of
funds and GoTemment
agencies,
accounts

y

Seigniorage
on
81 iTer

gold 5/

etc.

1933

1*5

IA5

-1.781*

3.052

-5

-818

193U

1.720

908

-2.896

't,51'*

2U

-731*

1935

-7tl

-769 6/

-3.209

1.739 1/

6U

637

lUO

-111 6/

1936

^0

5. 1*75

108

176

-U03 6/

19

3IU

1*0

-99

1938

-338

-377

-1.38lt

1/
2.7U6 1/
792 1/

31*

-128

1.067 6/
-70

-^.550

1937

11

201*

90

-51

1939

622

537

-3.5^2

29

2

768

90

-5

i9>to

-9U7

-997

-3.611

3,280 2/
2.528

37

16

3"*

1*9

igiti

7U2

722

-5.103

5.99't

37

11

-217

20

i9Ua

358

3Ui»

-19.598

23,1*61

66

39

-3,625

lU

1.21*1

-185

-3.1'e

-80

IjUl-June

729

727

-252

July

-i^

-36

-I.I85

551

1*1

21

531*

27"

272

-1,133

I.UO8

160

5

-169

September

-607

-609

-739

1(25

-196

-6

-93

October..

376

37"*

-1.637

2.238

1*7

-3

-272

2

-659

An^rt

. . . *

HoTenber

.

December .

-322

-323

-1,291*

1.1*56

172

i.aiti

i.auo

-1,329

2,898

-189

-lllO

-610

-611

-2,050

2.073

30

16

-6si

February.

612

611

-1,871

2,369

11*7

1

-35

March

-69

-70

126

39

-172

12

-75

April

-6U2

-»3

-3,058

2,51*2

1*7

15

-189

May

-39

-39

-3.391

3,609

181

-9

-1*30

June

179

179

-2,037

3,852

-205

-lU

-1,1*17

19U2-Jajniar7...

Source:
•

1/
2/

^
k/

^

Dally Treasury Statements.
Less than $500,000.
Bxcludes expenditures
This Is the net budget deficit.
for retirement of public debt.
This represents the Increase In the gross public debt,
(See footnote 2/*)
except as noted.
Includes federal Old-Age and Surrlrors Insurance Trust
Tunl, Unemployment Trust fund. Railroad Retirement
Account, GoTernment Insurance and retirement funds and
other trust funds,
Comprises Public Korke Administration rsTolTlag fund
and special deposits (net). Also Includes Agricultural Marketing Idalalstratlon commodity food stamp
transactions.
Includes expenditures for retirement of national bank
notes.

6/

1/

811

In the fiscal years 1935 and 1936, $91 millions and $55U millions
were transferred from Increment on gold to the working balance
In this statement, howfor retirement of national bank notes.
ever, charges for retirement of national bank notes are reflected
directly against Increment on gold. In the years during which the
Inactlre gold In the amount of
retirements were actually made.
$1,087 Billions for the fiscal year 1937 Is considered as a part
of the working balance general and special accounts for the purpose of this table.
iixpendltures for the retirement of national bank notes from
Increment on gold for the fiscal years 1935 to 1939 tas shown
below) are not reflected herein, but are reflected under Increment on gold as followsi
1935 - ^91 millions, 1936 $397 millions, 1937 - $99 millions, 1938 - $51 millions, and
The Increases In
1939 - ^5 millions, total - $61*5 millions.
the public debt shown In the table Means of financing Cash
Requirements for the abore fiscal years will not agree for
the reason stated abOTe.

GOVERNMENT

SECURITIES

-21-

OUTSTANDING

.

22

Statement of the Outstanding Public Debt on June 30, 1941 and June 30, 1942
(In Billion, of dollu's)

June 30,
19U1

June 30.

Public Itiuei:

Adjuated Service Certificate fund

7,870
991

Treasury bond,

30.215

38,08$

Treaaury notea

5,698

6,689

Treasury billa

1.603

2.508

905

3,096

3.096

Certlflcatea of iDdebtedneis
196

196

37,713

50.573

12,860

Hon-aarlcetable laauea
9.

aaTloga bonda

'•.31't

2Ul

90

95

fedr.ral Old-Age and Survlrors Insurance Trust Fond

2.381

3.133

TMeral Savlaga and Loan Insurance Corporation.

5

5

OoTernnent Life Insurance Fund

531

537

Oorernaent Betlresient F\inda

656

796

3

39

National Senrlee Life Insurance Fund

Total non-sarketable Issues*

Total public leaues.

.....••...

. .

88

56

7U

98

10,188

5.87U

Cnemployment Trust Fund

2.277

3.IIU

3.015

3,015

Total special lesuea

6,180

7.885

229

-12

79

79

K5K

13.510

8.955

"•2.267

611,083

81,816

Depoaltary bonds

18

,.

Bailroad Retlrenent Account

Treasury aatea - tax aerlea.
Adjusted aerrlce bonds

191*2

19

federal Deposit Insurance Corporation

Postal Savings System

U,

June 30,

Special laaues:

MBTketable iaauai

Other booda

191*1

Interest-bearing public debt (continued)

Interest-baarinf public d.bt

Total aarketable laauea.

June 30,

Change

19''2

Total Interest-bearing public debt.
Matured deot on which Interest has ceased.
Debt bearing no Interest.........

Total public debt 1/.,

••8.387

205
369
1*8.961

23

statement of the Debt Position of the United States Government under Limitations
Imposed by Section 21 of the Second Liberty Bond Act, as amended
As of June 30, 1942

tot«l face •TCUBt vhlch ujr it <njt«tan41ii« at

aammt

Ttea

»1 25, 000, 000, 000

uy om tiM

outit>allii« as of Jii» yi, 19'>Z:

iBUmt-baarlBC netirltlM
BondJ
»38.08lt.533.e50

Tr««TOiT

12,U«2.909,100

tKTiaf iMtnplty T«ln») l/

78.953.000

D«TOlltU7
Adjui t»d

6«me*

728.665.857

151 375. "61, 207

Total konda

,

13. 955. 776, 350

Treaauiy notea

6,228,013,000

Carttfleataa of Indabtadaaaa

Treaaupy

Mlla (aaturlty

raltia)

2,508.298,000

$7U,o67,lU8, 557

Total iBteraiUtwarliic aeenrltlaa

87.309,050

Maturad obligation! on which Intaraat has eaaaed

7''.15''.''57.607

Total faca aaonnt of aecurltlaa outitandlng

$50.8't5,5Ug,393

Total aiBUDt of author! latloB unuaad as of Jnae 30, 19U2
1/

Approxlaata naturl^ valua*

The current redaction ralite of V. S. SaTlnea bonds asoimted to $10,188,188,U6l on Jane 30, 19^2.

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 Shown In the Daily Treasury Statement
As of June 30, 1942

Oroas public debt otttatandlne

$72, U22, Ul)5, 116

,

Total face aaount of securities outstanding llsdted b7 Section 21
of the Second Liberty Bond Act, as aaendad

Less:

$7'*.

15^,^57.607

Unearned discount on savings bonds (difference between

current redeaptlon Talus and Baturity ralue)

2,29^,720,639
$71,859,736,968

Add:

Securities outstanding not subject to llnltatlon under Section 21t

Zatereet-bearlng securities

Matured obllgatlona on which interest has ceased
Debt bearing no Interest

$

195,990,180

10,990,680
355,727,288
562,708.lU«

Oross pablle debt outstanding

$72,U22,UU5,n6

..

.

25

Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued or Guaranteed by the United Statesl/
As of June 30, 1042
(In

BlUlaiM (f dallu-i)
Ostallad aasaal aaturltlas

Tear

Saeorlptlen of aeonrtty 2/

and
OBtll

Tlzad-

Callable lesues olaaslfled by year of:

Mtarlty
Itrat
call

lasKaa

igite

July.
J1117.

Sept.
Oct..
Hot..

Dec.

i,9*

Treacury blXle
BTC note
S
1^
a
T-lM aOLC bond
Treaaury note B
2j(
BTC note
Q
T/Si
Certificates of
l/?i(
Indebtedneea A
l-i/ki Treaeuiy note C

'

•

-

<

7/1 A»....
T/i/VaJtU.
9/l5/>W....

10/15/U2

u/i/Ua.

•

Total

19U3-»rt.

3/U)l

tto7..

3A*

June.
June.
July.
Sept.
Oct..

1-1/8*
3-3/8*

Dec.

l-l/g*

Cartlflsatei of
Indebtedneea A
Treaaory note D
ceo apte
T
Traaaury note A
Treasury bond
KK note
T
Treaaury note C
Treasury bond
Treasury note B

l-l/gjS

1*

3-lA*

2/1 A3....
3/15A3....
5/1A3....
6/15 A3... .

Nar..
Har..
Apr..
Apr..
May..
May..
June.
Sept.
Sept.

Dec.

7/15A3....

Dec.
Dec.

3*
3*

3A*
1*
3/'»*

^

Jane.
Jane.
Sept.
Oct..

Sec.

Dec.

1,855

6/15/iA
9/15/W*
(lat. Defenaa
9/l5/>A

95
571

1,519
779
835

U16
283
635

W/15/lA-^...

2/15A5

Traaaury uta
l-l/z^ HOLC bond
S-S/U* Treasury bond
3-l/U)l Treasury bond
2-1/2* Treasury bond
3A* Treasury note

3A*

1,037

'^^5A5......
6/lA5-*7...
9/I5A5-H7...

l».26lt

U12
718
755
1.21U

10/15A3-1»5...

12/15A5
(lat. Dafanaa
la/lS/"*?

l.ltOl

5^1

531

2,201

CoBTcriloa bond
Treasnrj note A.
It
Traavorj bond
3-l/U5t Treajrary bond
Treasury bond
3*
3-1/851 Troasury bond
1-1/2* Treasnrj note B

1/1/U6..,.
3/15/U6....

1.969

yi5/U6-R6.

U89

6/l5/U6-lt«.

1,036

6/15/W-U9.

819

12/15/U6....

'

2,3ltl»

I/1A7....

June.
June.
Sept.

Dec.
Dec.

Dec.

Traaaury bond
2*
2-1/2* Treasury bond
Traaaury bond
2*

3,981

3,156

1.H73

3,138

6/1AU7.
6/l5A>-»7.
9/l5A5-*7.
10/15A7-5812/15A7....

l,21>t

7»
701
799

3/l5/>«-JO.
3/l5/lt«-».

2,W«3

1,115
1.223

6/15/U6-6.

1.036

9/15/i*«....

12/l5/>W-50.

571

5/I5AM19.

1,036

3.361

l,'t«7

835
819

6/15A6-H9.
6/15A9-51.
9/15A9-51.

1,01>»

1,292
191
1.786

12/15/149-52.

12/l5/>t9-S.

Total
19S0-Mar..
Sept.

1.519

13

2,910

nue

bond
y-\lii> Traaaury bond
Treasury
bond
2*
Treasury bond
2*
y-ilSlt Treasury bond
2-1/2* Treasury bond

3*

3,602

1,U8

Teta.
19lt9-May..

H.lTl

1.519

711*

boai
bend
bond
bond
bonl

1,401

16
503

1.637

Traaaury
2-3A* Traaaury
Treaeury
3*
2-l/lf Traaaury
Traaaary
3*

2,53"

515

k/li/Mk-M6...

l-l/g)e CCC note

2*

6,798

lll»

1/15/1*-*...
U/15/I|)t

Total
1948-Mar..
Mar..
Jane.
Sept.

3.598

1,>)01

2.53i»

CoaTereioa bond
3*
1-1/2* aOLO bond
I
3-3/8* Treasury bond
Treasury
bond
2-3A*
k.l/k% Treasury bond
Treaaury bond
3*

5,'»53

629

279

Total.
19>»T-Jan.

U.9U3

3*
USI

e/l/)A
3/1 5/>*

riMC bond
BTO nota
«
Treaaury bond
EOIiC bond
A
ITNC bond
Treaeury note A
Treaaury note C
Traaaary note
Serlaa)
Treaaury bond

3-lA*

U,9lt3

1.588
66

3.998

08HA note
B
Traaaury nota B

1-3/8*
1* ,
3-1/"*
1*

Sariea)

Dec.

1,507
232

9/15/U3....

Total.

19U£-Jan..
Mar..
Mar..
Apr..
June.
June.

320

10/l5A3-^5.
12/15A3....

Total..

19U5-reb..
Kar..
June.
Sept.
Oct..

3'»?

6/l5A3-»»7.

Total.,
Ijltlt-ret..

\

't.9'13

5/8*

Mar..

Tinal
aaturlty

Total animal aaturltlea
njcad-aaturlty
nxad-aaturlty
lasuas plus
Issues plus
callable Issues
callable lesues
olaaalfled by year clnsslflsd by year
sf first oall
of final aaturlty

>>,5<>»

3/15A8-50.

1.65U

>«,58)»

1,6^

1,115

9/15/5l>-52.
'
12/15/1
s/fis-so.

1.186
571

fatal

l,l«6
(Contlanad on foUovlac

;

1,687

1,186

i,6«7

...

26

Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued or Guaranteed by the United Statesi/
As of June 30, 1942 - (Continued)
(la Bllllosa sf iellwi)

Total annual Batorltlea

Detailed amnial aatnrltlaa
Tear
and
Booth

Deecrlptlon of eeearlt; £/

19;i-Har..
«Ain«.

Jon*.
Sept.
Sept.

Dec
Sec..

Z-j/kH ?ra»iur7 bond
Traaaury bond
Zi
2-3/1** Treaauiy bond
IreaeuTT bond
2*
TreaanlT bond
}i
2-l/'t)t Troaeury bond
IraaauiT bond
21t

-

i/li/MS-%.

-

6/l5/51-5l».

-

9/l5/%-51-

Wiedmaturlty
laaoaa

Sept.
Oct..

Dec.

2-1/251

ii
2-l/l*)l

2-l/2jt

k-l/ki
3-l/8!l

Dec.
Dec.

1,292
755
1,118
510

-

9/15/51-55- 12/15/51-53.
- I2/15/5I-55.

U.Oll

Dec.

June.
June.
Sept.

Dec.

3-3/1** Traaaury bond

-

3/15/1*6-56.

2-1/2* Traaaury bond
2-1/U* Treaaury bond
2-3/U* Traaaury bond

-

3/15/56-58.

-

6/l5/5lt-56.

-

9/15/56-59-

725

2,90lt

681

3.687

2,6U

3.191

2,1*31

1.170

919

1,1*1*9

1,786

1,U8
2.901*
1,021*

1,627
681

1.037
3.687

2,611

3/15/55-60.
6/I5/52-55.
6/I5/53-55.
9/15/51-55- 12/15/51-55-

1,501
725
755
510

-

-

2,611

Total
195&-M«r..
Mar..
June.
Sept.

3.215

725

- 3/I5/52-5I*.
- 6/15/51-5!*.
- 6/l5/5l*-56.
- 12/15/'tl*-5l*.

-

3.215

1*91

- 6/15/53-55.
- 12/15/1*9-53.
- 12/15/^-53.

bond
bond
bond
bond
bond

2,52l»

779

681

2-7/8* Treaaury
2-1/1** Traaaury
Traaaury
2*
Traaaury
3*
Treaaury
2*

3.530

1.186
759

Total
1955-ltar..

U.Oll

1.501

725

bond
bond
bond
bond

3.530

l.OZU

2,52U

2-1/2* Treaeury
2-3/1** Treatury
2-1/lt* Treaaury
U*
Traaaury

Tlzed-oaturity
laauea plna
callable laauea
claaalfied by year
of final Baturlty

1,011*

Total
195l*-Mar..
June.
June.

laauea plua
callable laauaa
claaalfied by year
of rirat call

1.627

- 3/15/52-5'*Treaeuiy bond
^/l/Uk-^Z.
HOLC bond
L - 6/15/52-55.
Traaaurr bond
9/l5/3o-52bond
Treaeury
- 10/15A7-52.
Traaiury bond
- 12/15/1*9-52.
Troaaury bond

Treaaury bond
2jt
2-1/2* Iroarury bond
2-1/1** Traaaury bond

naal
maturity

nred-aaturlty

1,223

Total
1953-Jiiae.

rirat
call

6/15/U9-51.

Total
1952-Mar..
Kay..
June.

Callable taauaa claaalfied by year of:

3.'*91
1*89

1,1*1*9

681

982

Total

2.1*31

1.170

1957

1958-Mar..
June.

2-1/2* Treaaury bond
2-3/1** Treaaury bond

-

3/l5/56-5«.
6/15/58-63.

1,1*1*9

919

Total

919

l,l|l»9

1959-Sept.

2-3/1** Traaaury bond

-

9/15/56-59.

982

19to-llar

2-7/8* Treaaury bond
2-3/U* Traaaury bond

3/15/55-60.
- 12/15/60-65.

2,611

.

Dec.

1.UB5

Total

1,1*85

Panaaa Canal
bond

982

2,6U

1,1*«5

2.611

50

50

1961- June.

3*

1962-June

2-1/2* Treaaury bond

1963-June.

2-3/1** Treaaury bond

-

6/15/58-63.

919

196>M<ar..

3-1/1** jfHC bond

-

3/l5/l|l*-61».

95

95

1965- Dec.

2-3/U* traaaury bond

-

12/15/60-65.

1,1*85

i.is;

2-1/2* Traaaury bond
2-1/2* Traaaury bond

-

6/15/62-67.
9/15/67-72.

-

-

6/1/61

50

882

6/15/62-67.

919

1966
1967 -Juna.
Sept.

882

2.716
2,716

Total

882

2.716

1968
1969

1970
1971
l972-$ept

i-l/Zf Treaeury l>ond

9/15/67-72.

Source: Dally Treaaury Statement, and reporte to the Treaaury.
1/ Szcludea poatal aaTln^e bonda and Federal Houaln^ Adolnlatratlon
debenturea.
2/ It ahould be noted that callable laauea appear tvloe In thla col\an,
once In tha year of firat call and a^ala in the year of final
aturlty. Callable laauaa with reapact to which a definite notice
of call haa boon made, however, are liated aa fixed maturitlaa.

2,716

2/

2.716

The abbreTiatioaa refer to the following oorporationa:
Boae Ownare' Loan Corporation. Reconatniction Finance
Corporation, Coaaodity Credit Corporation. Federal Fara
Mortga^ Corporation, and United Statea Houaluc Authority.
Called for radaaptlon July 1, I9U2.

27

Offerings of Marketable Issues of Treasury Bonds, Notes, and Certificates of Indebtedness
Since January 1, 1939

}

28

Offerings and Maturities of Treasury Bills, Beginning June 1, 1941
Data on now loouao
Bat* of
n*v Itau*
or of
atiultx of

alA

ildo aocoptad

Maturity

IMU

dato

VuBbar of
dayo to

Mtvrlty

Aaount of oaafa
tuboorlptloBB
tonterod

ATorag*
prle*
par hundred

(In ailUono
of dollaro)

(In allliona
of dollaro)

33^.9

Iq[ai Talent

aTorage
rate 1/
(

Percent

91
91

1*39.5

3apt.2>t.

91
91

398.1
267.8

200.1
200.3
200.6
100.1

99-973
99-975
99-975
99-983

0.107
0.100
0.103
0.066

Oct.
1.
Oct.
8.
Oct. 15.
Oct. 22.
Oct. 29.

91
91
91
91
91

281.1
281.7
306.1
292.8
266.6

100.9
100.0
100,3
100.1
100.0

99-978
99.976
99.975
99-975
99.976

0.086
0.097
0.097
0.098

Aug. 6.
tag. 13.
Aug. 20.
tog. 27.

Hot.
5.
Hot. 12.
Hot. 19.
Hot. 26.

91
91
91
91

293.2
288.8
297.t
327.1

100,2
100.1
100,2
100.8

99-973
99-971
99-971
99-971

0.106
O.llU
0.116
O.Ul*

Sept. 3.
Sept. 10.
Sept. 17.
Sept.2U.

Doc.
3.
Doc. 10.
Doc. 17.
Doc. 2lt.

91
91
91
91

383.6

lOO.U
101,0
100,0
100,7

99-977
99-982
99-987
99-991

0.090
0.071
0.050
0.037

Oct. 1.
Oct. 8.
Oct. 15.
Oct. 22.
Oct. 29.

Deo. 31.
igUg-Jan. 7.
Jan. l>t.
Jan. 21.

182.0
368.8
217.6
303.9

100.0

99-98"*

lOO.lt

100,2
130,2
i;o.o

100.000100.00099 -99"*
99.9*3

0.062
0.002
0.001

Jan. 28.

91
91
91
91
91

Hot,
5.
Hot. 12.
Hot. 19.
Hot. 26.

Fab.
U.
Tob. 11.
Fob. 18.
Fob. 25.

91
91
91
91

200.0

150.1
150.0
200.2
200,0

99-962
99-950
99.935
99.932

0.151
0.200
0.258
0.267

Doc.
3.
Doc. 10.
Doc. 17.
Doc. 2lt.
Doc. 31.

Mar.
Mar.
Mar.
Mar.
Mar.

91
91
91
82
76

468.2

11.
18.
16.
17.

200,2
150.0
150.0
150.2
150.0

99.939
99.926
99.925
99-933
99-935

O.2U2
0.293
0.295
0.295
0^310

19U2-Jan. 7.
Jan. lU.
Jan. 21.
Jan. 28.

Mar.
Apr.
Apr.
Apr.

19.
15.
22.
29.

71

351.6
38lt.7

150.2
150.0
150.3
150.2

99.940
99-970
99-950
99-9*2

0.301*

91
91

150.1
150.0
150.0

99.9l»ii

0.220
0.290
0.263
0.266

1941- Juno It.
Jtmo 11.
JUBO 18.
Jono 25.

i9iti-eopt. 3.

Jnlr 2.
July 9.
July 16.
Jul7 23.
July 30.

Sopt.lO.
Sept. 17.

?ob. It.
7ob. 11.
?ot>. 18.
?•!>. 25.

May
May
May
May

Mar.
Mar.
Mar.
Mar.
Mar.
Mar.
Mar.

It.

91

1*39'*
1)66.6

1103.1

382.7
352.9
317.1

351.6
371.5
Uio.l

20.
27.

91
91
91
91

Juno 3*
Juno 10.

91
91

510.

Juno 17.

Juno 16.

Apr. 1.
Apr. 8.
Apr. 15.
Apr. 22.
Apr. 29.

Juno
Juno
July
July
July

18.
19.
15.
22.
29.

78
72
91
91
91

May
May
May
May

Aug.
5.
Aug. 12.

91
91
91
91

35U.6

19.
Aug. 26.

it6l.3

I50.U
250-7
251.7
251.0

Sopt. 2.
Sept. 9.

91
91

U96.6
690.3

251-3
300.8

Sopt. 16.

91

801.3

301.0

99-908

Sopt. 17.

85

712.6

301,1

99-91"*

Juno
Juno
Juno
JoBo
Juno
Juno
Juno

U.
11.
16.
17.
18.
19.
25.

e.

13.
20.
27.
3*

10.
16.
17.
18.
19.
2k.

6.

13.

A»i?.

"too.o

3^2.1
385.8

150."*

99-937
99-933
99-933

0.09"*

0.02>»

0.067

0.119
0.196
0.231

99.9>|lt

»71.

150.5
150,2

99.91*2

0.222
0.229

91

535-5

150.3

99.951

0.195

83

$12.8

150.3

99.953

0.203

356-7

150.1*

33't.l

150.9
150.1
150.1
150.1

99.952
99.9*7
99.929
99.920
99.915

311.2
332-7
375-'*

5lt6.U

567.2

87

....
,.

15

7

29

Sales of United States Savings Bonds
Table 1.- Summary, by Series
(In

llllona of dollari)
InalTola of B«t chaac*

Tlaoal 7«ar
or month

iaoont
outttandlnc
end of
flaoal yoar
or nonth \J

Orosa aaloa

Hot
ohanc*

dnrlo^
flsoAl 7«ar
or aontb

AcenuLi.

Adjuataant
of aalaa
reportad

Total
fimda
racelTod

of
radamptlon
valiua

Salea
raportod

to fonda

Radaoptlona

racalT«d
All aarlaa 2/

1935

62.0

462.0

62.6

-II

62.

1936

316.1

25l>.l

26U.0

-11

2&D.

1937

799.6

-11

512, (•1/

1,237.7

^83.
U38.O

512.6

1938

lt«7.5

-11

li«7.

^11
01/

•

5

1.2

11.2

7.2

36.2

"

51/
681*. 51/
1,108. 11/

28.0

52.0

1*2.1

ll'*.3

1.557-

05.0

lit«.l

87-5

207.1*

6.2

1U.8

'

".

1939

1,868.1

630.5

68I4.5

-u

19I10

2.90U.7

1.036.6

1.108.7

-11

igUi

lt.3iU.o

l,lt09.3

l.'t92.'»

•.65,1^

19U2

10,188.2

+5,87lt.2

5,99't.l

-12.U p

1.311*.

305.9

31'».5

July

U,6U9.U

8.2

33U.0

11.3

18.0

U,

907.8

335.5
258.3

3'»2.2

Aii£uat.. ..

265.7

10.7

255.0

5.6

12.9

Septaabar.

5.131.8

22>t.O

232. U

-11. U

2U3.8

6.0

llt.lt

Octobar.

5.39^*.0

270.7

+.8

269-9

5.1

13.7

23''

-6

-5

23i*.l

52C.9

-125-2

65l*-l

IjUl-June

1*8.5 U/

VoTOabar.

5.

Sacaabar.

6.139.7

262.2
225-7
520.0

.

7.198.3

+1.058.6

1.060.7

.68.U p

7abraar7.

7.893.'*

703.3

Hard!

8.U35.9

695-1
5U2.5

April

8,951.0

+515.1

9.569.0
10.188.2

19M2-Jaiiuar7.

.

Hay

wuw

619.

U/

6,006.

5P

266.0

1*/

12.8

7.U

16.3

1.129.1 P

13."

15.>*

+117.7 p

585.5 p

7.6

15.8

557.9

37.6 p

520.3 P

6.6

22.0

530.5

-2.8 p

533.3 P

5.9

21.3

618.0

63U.1*

+16.1 p

618. 3

p

5.8

22.1

+619.2

633.9

1*.7 p

629.2 p

1.0

22-8

1.2

11.2

Sarlaa A-D

1935

62.0

1936

316.1

+25!*-

1937

799.6

1*83.5

512.6

-1/

512.6^

1938

1.237.7

+U38.O

U87.5

-1/

^1-5

1939

1.868.1

630.5

681*. 5

-11

68i».5i/

28.0

82.0

19'tC

2.901*. 7

+1,036.6

-11

.108.7 J/

1*2.1

IIU.3

191a

3,650.2

+71*5.5

828.0

-1/

828.0 3/

65.0

11*7-5

igte

3,6oi*.2

-1*6.1

.8

85-9

132-7

19Ul-Jma

3.650.2

-8.0

6.2

1U.2

tvHj

3.6ltU.2

-6.0

11.3

17.1*

3.638.1

-6.2

5.6

11.9

Saptaabar.

3.631.5

-6.6

6.0

12.6

October.

11.3

Aasuat.

.

.

+62.0

62.6

-1/

261*.0

-1/

1.108.

+.8

62.6 J/
26l».0

2/

ll

-5

7.2

36.2

17-1

66-6

.

3.625.;

-6.2

•;,

loTvabar.

3.620.7

-lt.7

U.9

9.6

Dacaabar.

3.616.1

-i*.6

7.1*

12-3

U.l

19>«2.JaBiuT7.

1

.

3.618.5

+2.1*

13.t

Tabroary.

3.616.5

-2.0

7.6

9.6

March

3.612.1*

-l*.l

6.6

10.7

April

<

-3-5

Hay

3. 601*.

Juna

3,6olt.2

c,.r:
,

91.

-U.l

U.5

8.9

-7

7-3

7.9

(CoBiimiad on followliig

pa^)

,.
.

30

Sales of Unttad States Savings Bonds
Table 1.- Summary, by Series
(I>

lUlm

«f

-

(Continued)

-

(Continued)

teUwt)
AoAljali of not

Aaonat
71 leal 7*ar
or BOBth

Otttttandlnc

ni

flliaa^o

Oroio ooloi

ieoraal
of
rodoaptloa
valQoo

Adjnotaoat

at
ftaoal j*»x
or Bsnth 1/

dorlic
flaeal r^u
or aeatb

203.1

203.1

203.1

3,670.8

3.W7.7

3.526.3

ao3.i

102.5

1«8.5

talT
Aocnot . .
SoptoBbor.

117.8
109.1

>1.2
-7.5

1U.8

$6<.0

IUU.8
116.6
103.6

-i/
1.2

102.;

Ootobor . .
loToabor..
Ooeosbor..

688.6
795.6
1.133.6

120.6
106.9
338.0

Ut.9

.9

109.5
Jki.l

-1.9
-61.5

Febrajtrj..

1.798.1
2.191.5
2. 519-9

66U.S
393.*
328. 1»

667 .k
39«.o
337.6

32.0
10.1

April

2.836.6

•U«y

3.2')8.9

316.7
412.3

3.670.8

)tZ1.9

Ijltl

66.6

66.6

66.7

19>t2

lt98.9

^32.3

'»3l».9

ISUl-Jmu

66.6

28.8

3.9

6.5

22.1*

JvXj

93.9
ul».3
132.3

27.3
20.3
18.1

.3
ao.3
18.1

2.1

27.1
18.2
19.5

Ootobor..
lovaabor..
BiooBbor..

155.3

23.0
I8.9
33.1

23.0
19.0
33.3

.7
.7

19>tZ-Jonwrr...
fabr«*r7..
March

28U.6
336.0
376.7

T7.3

77.6

^irll
May
Jnaa

IH6.3
US8.U
U98.9

39.6
A2.I

xgin

39^.0

39'».0

39fc.«

19Uz

2,UlU.3

2,020.3

2.032.1

39'».0

182.6

183.1

Jolj
Ancnot . . .
Soptoabor.

563.»
691.0
799.9

169.lt

169.5
127.7
109.0

6.6
9.7

Ootobor...

92^-7
1.029.3
1,182.8

12lt.8
10l».6

I2I1.9

-.8

153.5

105.0
19>.2

.6

DoooBbor..

-H7.2

19U2-Jaiiiia>7...

1.1W7.2

3lU.I»

31J.«

•tt.ir

252.2
+in.6

253.>»

73.6 p

179.2

O.lp

378.2 p
179.8 p
156.1 p

1.2
1.2
1.7

163.1
170.1
159.7

1.7 p

162.1 p

1.6
2.3
2.3

nloi

Total

of

fvto

ropcrtod
to taad*
rooalTot

MOOtTOt

loaoi
roportod

Badaiptlou

tarloa I
191U

,

l^Z
Ijltl-Jmw

.

March

An

203.1 H/

-16.1 p

6.8
5.5
"•33.2

13.1 p

3.5'e.Up

1.5

£0.0

y

m.i

.5

1.0
1.7

112.8
122.0

>t02.6

2.J
2.5
3.1

667.H
366.0
327.5

9.2

m.u

333.U
U16.3
U20.1 p

2-9
'».5

.8

lO.it

.7

12.0

lorloo r

Au^ut...
Soptenbor.

19>»l-Juia

oToibor..

17'».2

207.3

Tobmary.,

1.7't9.3

March

1,926.9

April
May

2.089.2
2.256.9
2.IHU.3

Jnw
Soorool

p
•

1/

2/

51.11
lio.7

127.6
+108 .9

162.2
167.8
157.'»

D1II7 Treaanrj Btatoaoata and raporto of groaa aalaa.
frallalBary.
Uaa than «50,000.
At OTUTont radaaption v^naa oxcapt Sarlaa 0, vhich lo
atatod at par. thiclaaaiflad aalaa ahoim in tha Dally
Traaanry StataaoBt taara baas olaaalflad by aarlaa.
Sarlaa A^S, the a&la of ahlch coiaencad 1b March I935
and oontlmiad throo^h April 19^1, are 10 jaar dlaconnt
boada vhlch vorm aold at 73^ of aaturltj T&Iua. ylaldlac
2.90^ par sunia If held to aatorltji porohaaaa vara
llaltad to 87,^ laana price in ear one oalandar Toar
and froa April 1, 19>tO. conld be aada onlr br iadlTldaale.
Sorloa 1. r, and d hare been on aale aince May 1. 19hl.
Sarlea I la a 10 year dlacosnt bond aold at 75^ of ^tlkrlty Talna, jlaldlnc 2.90^ par ansna if bald to ^tarltyl
porohaaaa are Halted to ti.TjO iaana prioa in any osa
oalandar joar aad aay be aade only by IndlTldnala.

-a.}

if

-l.U

•Ifi.g

-6.0 p
+12.0 p

4.U p

iie.o

J2.5
Hl.O

?/

^'V
5/

75.0

2/

«.9

22.2
18.2
50.0
83.5 P
39.8 p
36.6 p
37.7 P

5/

U51.ll

5/

5/

U.8

lUl.l

-2.5

162.9

lU.O
U1.5

.1
.1
.1

125.7
10».5
201.4

.1
.5
.7

1;

iarlaa T la a 12 year dlaoenat bond aold at "fl^i of aatnrlty
falaa, ylaldln« 2.53^ par anaaa If hold to aatnrity.
Sarioo
9 la a 12 yaar snrrant Insoae bond, aold at par, baarlac
lataroat at the rata of Z-l/zi par auraa, redaaaabla at par
oa aatarlty. or at atated prloaa laaa than par before aatsrlty.
Airtiiaaoa of Sarlea T and
in any one calendar year are
llaltad to $100,000 iaana price for tha tvo aarlee ooablaad
($50,000 prior to Jnly 1, 19>t2) and aay be aada I7 aay iBTootera
other than o^narclal baaka.
Sarlea A-S data are ahovn only on a funda recelrad baala.
Sarlea 1 data are not arallabla on a aalaa reported baala prior
to talj 19'<ll eonaoqnantly May and Ama data are on a foada
reoelTed baala.
koakdovn botasen Sarlaa T aad
not yat arallablo.

U

.. ...

U
8

U

U
5
8

9

U

9
U

3

31

Sales of United States Savings Bonds

-

(Continued)

Table 2.- Sales Reported by Series, Classified by Denomination
Sal«a la lllleiis of dollari at lasoa prtoo

?»re«aUca distriWtlom of

DvnoBinatlon

Total

Total

or Bonth

!•

OonoalnatlOB

all

daaoalaatloB*

tioo

t^

»500

$1,000

(10,000

*5,000
2/

*l?

2/

dsnomlnatlont

*1^

«50
2/

noo

$500

tl.OOO

»5.ooo

110,000

21

2J

Sarltt >

iSUi

is/

203.1

5/

19U2 p

lU.U

13.3

Ul,U

93.H

100.0

7.1

6.5

20.1>

20.0

1(6.0

608.0

3^1.9

817.9

61*3,5 1.131.1

100.0

17.2

9.6

23.1

18.2

31.9

i%o.o

7.9

7.0

21.

20.0

'•3.7

6.9
8.7
9.9

6.2

20.2

21.

7.5
8.2

22.
23.

20.2
19.5

'»5.7
1(1.2

U0.7

igin-jtm* 5/...

103.5

8.1

7.2

21.9

20.5

M.S

Jnlj

llA.l
118.8
112.8

'•?
10. U
11.2

9.0
8.9
9-2

29.1
26.6
26.3

30.3
2U.0
22.0

65.

uu.o

100.0
100.0
100.0

122.0

13.1
13.6

81.0

K6.J
39.6
135.6

100.0
100.0
100.0

12.1(

8.2
8.8
9.9

23-3

1(9.9

88.5
27.0
96.3

10.8
12.2

>I02.6

10.0
9.8
39-8

2lt.l

Ul.U
esT.u
366.0
327.5

72.1
52.6
66.2

55-1

135.2
86.

138-9
68.8
56.5

266.1
125.2
91.8

100.0
100.0
100.0

10.8
lU.U
20.2

8.2
9.0
10.3

20.3
23.6
2«.2

20.8
18.8
17.3

39.9

33-0
33.8

35-5
67,2
50.6

80.6
101.8
101.0

5I1.U

87.0

6U.7
57.5

97.

100.0
100.0
100.0

22.8
25.3
30.U

10.6
11.3
12.1

2l(.5

16.3
15.5
13.7

26.1

616.3
420.1

76.0
105.3
127.7

Auguat. ..
Sspteaber.
.

October...
IoT«Bter.
D«e«Bb«r.

ISUz-Juiuirj.

.

TsbnaiT*

Much
Iprtl

«V
JvB» p.

191(1

. .

.

y

75-0
52.6
22. U

I9i(l-ltay

Jun*
Joljr

lofatt
8«pteBb«r.

27-1
1E.2
19.5

79.2

21.

1.2

.6

.5
.6

83.3

ll(.2

•9

-.1

1(8.9

•9

1-3
1.1

8.9
5-3
7.1»

23-9

ia(.2

13.6

32.8

100.0
100.0

1.8
2.3
2.9
3.0

1:1

11.

U

12.0

U.2

8.1

100.0
100.0
100.0

5-3
3-9

100.0
100.0
100.0

38.0
35.6
33-7

211.2

2lt.O

•9

39.0

3l(.2

28.0

23.

19.8

2.8

18.

18.2

58.9

2.U
U.O

16.8
23.8

17-5
19.6

62. U

U.9
5-9

27-3
28.1
28.6

21.0
22.6
21-7

UU.S

5.>»

5.7
6.2
5.6

30.0
31.0
27.6

23-7
21.2

37-3
38.0

21.1

1(1.8

6.2

18.

1)6.6

20.7
20.6

35.8
35-7

50.8

1.0

5.1
5.6

6.7
5.6
13.8

10.6

8.3
6.9
20.9

15.3
8.2
7.5

38.9
Ik-S
13.1

100.0
100.0
100.0

u.u
6.8
6.1

7.U
7-5

2U.3
28.8
29-5

13.8

100.0

U.9

6.5

29.3

22.3

36.5

1.2

2.7

20.1

17-9

58.1

7.lt

1(0.5

U1.3

22.2
18.2
50.0

1-9

1-3
1.1
2.8

83.5
39.8
36.6

3-7
2.7
2.2

5-2
3.0
2.8

20.3
11.5
10.8

37.7

1.8

2.U

11.1

191(1 U/

U5I.U

5-2

12.2

90.7

80.

262. u

191(1-11^

310.3
lUl.l

3-2
2.0

7.5
"(.7

57.3
33-U

53-9
27.0

188.
73-9

100.0
100.0

1.0
l.U

2.U
3.3

I8.5
23.7

17.U
19.2

60.7
52. U

162.9
118.0
111.5

2.5
2.0
1.9

6.7
U.9
U.2

U3-9
31.2
29-5

3U.2
2U.9
23.1

75-5
55-0
52-7

100.0
100.0
100.0

1.6
1-7
1-7

U.l
U.l
3.8

21.0
21.1

U6.3

Saptanbar..

26.5

20.7

U7.3

Octobar...
HoTambar..
Dacambar.

125-7
loU.s
201. U

2.3
2.1
5-9

5.U
U.6
12.6

3U.2
29-2
61.2

25.9
21.8
Ul.O

1-9
2.0
2-9

1:1
6.3

27-2
28.0
30.U

20.6
20.8
20.3

U6.0

80.

100.0
100.0
100.0

378.2
179-8
156.1

8.1
U.8
U.7

20.6
10.3
10.3

95.8
U9.7
U7.0

62. U

191.2
79.8
62.9

100.0
100.0
100.0

2-1

35-2
31.2

2-7
3.0

5.5
5.7
6.6

25.3
27.6
30.1

16.5
19.6
20.0

50.6
UU.U
1(0.3

162.1

5.0

10.7

50.0

3U.1

62.3

100.0

3.1

6.6

30.9

21.0

38.U

Oetoter.
VoT«Bter..
.

Dacmber.

.

.

19l(2-J«iniar7 p.
J^bTvtarj p.

March p.

.

.

iprll p

Jma
Julj

Au^at

.

19l(2-J«nuaiy p..
Pabruary p.
March p. .
.

ilirll

Sourca:
p
1/
2/

y

p

•

7
7

fiaporta of groaa aAlaa.

Prellmiuajy.
Hot lold In SarloB Q; nor In Sarlaa 7 prior to JaBoary 19U2.
Hot sold tn Sarlaa F and 9.
Hot aold In Sarlaa I.

U/

^

\x
3-9

Salaa of Serlaa Z. 7, and
bonda coDmencad May 1, 19U1.
Data are not aTallable on a aales reported baela prior to July;
eoneaqnently Majr and June data are on a fonda received baela
vltb the breakdown eatloated on the baaie of available aalea
data.

I16.6

UU.S
uo.i

.

32

Sales of United States Savings Bonds

-

(Continued)

Table 3.- Sales Reported by Series, Classified by Type of Purchaser

Percentage distribution of sales

Sale* In allllons of dollars at leaue price

fltcal 7«ar
or xootb

Indl- flducl- CorporaTlduali arlei tions l/

lasuranca Sarln^s
conpanlAS banks
Series I

203.1

13^

P

l9Ul-JuBe

y.

July

Au^i t

. . . .

Septeatoer*

October..
BoTcabvr.
Dflcecber.

19U2^aniiar7.
TrnXtraarj,

Mvch.

. .

April..
M-y....
Jun* p.

Type of purchaser

Type of purehaaer
Total
all
pnrehaaeri

All
othsr

Total
all
purchasers

Indl.
vl duals

riducl- Corporaarles tions 1/

Insurance SaTlD^K
corpanles banks

33

Sales of United States Savings Bonds

-

(Continued)

Table 4.- Sales Reported by Series, Classified by States
PART A - SERIES E

3U

Sales of United States Savings Bonds

(Continued)

-

Table 4.- Sales Reported by Series, Classified by States

(Continued)

-

FART B - SERIES F AND 3 COUBINED
(In tlunuaBii ot

loUara at Itan* prlc*s)
191*25/

19U1
riacal
yaar

Stat*

19'»1

ilkbua

August

July

Septenhar

599

591

607

5'»3

ArkantM

LOZU

5U0

?3?

358

300

California
Colorado
Connaetloat

3.90S

7.962
93U
•,789

11.6J9
UU2
792

8,193
803
U.I13

7.827
659

l't.93T
2.52'*

052

769

5.166
3.379

351
109

800
509

OaorclB

2,«78

771

9U6

Idaho
Illlnol

291

86

l4h7

lOM

Minna iotaMlaaliilppl

Montana
labratka
Barada

Ohio

Oklahoaa
Oragon

FannajlTanla
Rhoda laland
South Carolina

South Dako ta
Tannaaoaa

Taaa
Utah
Taraont
Tlrglnla

Vjroalng

Uaika
Canal Zona
Ooja
Eavall
Phillpplna lalanda.
Puarto Rico
Saaoa
Tlrgln lalanda

Undaalgnatad.
Total

2.903
2,171

1.551

1,91*0

U,lt>10

1.896
553
a. 377

1*0,682

13.2'w

1,838
15,939

1.759
UU3
15,881

19.1*06

2,151
1,189
592

u.oeU
3.131
1.378

8,312

3.2I11

l*,725

2.535
2,065

U,U8U
2,956
1,U99

U,226
3.260
1.163

5.289
3.96i
1.127

1.392
81U
776

1.938
1.798

1,779
1,569
1.920

1,893

1.519
1.U26
1.197

2.537
8.335
2,900

1*,050
12.1*80

2.312

U,396

239

71*1

6,800
35.087
13.928

2,369
9,591
5,088

1.910
13.609
5.331

1,587
10,326

6.573

3.676
562
6.165

3,a't

232
1,112
196

215
775
157

h05

1.896
20,U00

509
6.581
21

518
6,392
92

500
3.982

'•15

lUi.sUs
2.338
962

>tit,io6

52.366
1.065
U59

33.781
991
100

3U,229
866
153

39,567
1.308
1U5

22.>)66

7.22l»

6O8
559

206
1,215

5.763

2.325
2.522

6,009
888
1.196

7.6M)
573
1,180

••9.5^7

18. 167

1,789
50U

l6,85U
2,256

111,319

5.92U
1,621

1'».977
1.271*

251

25a.

19"*

97

3.128
10.323

1,20"*

2,261

2,002

1,000
1,011

320
23U
l.3»5

l,'t20

177
256
i,ohi

8,1*91

2.028
559
2,962

2,318
7U6
2,936

501

79

381

20
95

9
"3

12

U7
3U

i4ii

3

6,268
l,'t92

1.337

492
891
2,

SOU

10,213
3.523
U.283
298

8,381

.

3.979

3. 671*

3.523
2.73*

6,922
1.270

7.503
25,680
11.060

l*.259

9.U3U
5.938

3.550
10,389
3.583

1*.229

3.U92

1,75"*

1,826
2,923
11,1*85

U,596

3.507
11,809
7.120

2.902

1.279

l,lll8

5.1*32

l*,8l*l

3.527
956
6,850

619
1.528
529

895
1,517
U96

371

1*90

1,107
159

1,282

U.1I03

7.399

670
516
26

3UU
565
17

582
1.078
207

1.057
3.662
380

520
61*
203

363

850
10,871
371

2.717

900

51*8

ll*,l*9lt

8,10l*

6,502

8,701*

3,226

3,206

1,738
11,166
933

861*

U,27'i

333

151*

107,7a

lt9.5i'3

36,113

1*6.275

Ii6,b56

3.296

1.77'*

1,855

32li

8,572
1.131

1.50I*

2,239

1*10

1.658
U19

13,61*0

22,1*61

9.59'*

9.887

3.131
3.873

1.753

7.680
1,006

ll,iill*

2.151
1,811

1.2119

l*.735

1.777
1,272

227

1*1.707

a, 582

li*,607

20,685

1.386

3.551*
951*

U,622
1,576

3. 191*
91*2

2,861
1,298

1,1*97

335

1U3
868
2,207

126
678
l,8lU

302
1.550

1*95

258

1*87

1*,010

1.233

7.1*1*5

10,611

1*.378

2,399
3,157

300
1,679
6,268

161
3H«

8U6
1,502

8l*2

1*29

1*98

51*0

638
565

i,a9

1.992

270
lUl
1,528

11*1*

198

't,883

5,1*67

2.132

1.927

2,2ll7

1.6711

l,l406

1,166

1,116

.6a

2, olio

U9U

5a

837

2,026
US

l,8h2
90

8,1*21*

3.1*25

1.699
2,637

1.007

369

631*

2,510
757
2.8T3
186

2,170
1.329

^•'°52

,86U
,107
358

5.123
1.980

l,8ll*

369
2.171
56

a

53
31

92

271
86

160
78

11

1*0

267
50

8iii

667

373

507

lOU

305
6l2
66
U93
5.

71

72'»

l,'*'t7

1.831

19,739
1.715
870

13.580
1.72U
U83

9U
l.UiU
3,386

110
790

75

53
30,91*3

1.097
lUo

709

37

26

u
16

278
59

2U0
57

357

3M

a2

30

7

lU

3

1

73

18
22

l<6l

lUS

53

lU

526,361

l63,'»7>t

189.920

11*7.925

Laaa than I50O.

1.1*77

it,U77

't.158

U80
3.223

15

•

2,198

2,118

9.655
1.975
9.986

2>t6

22
18

p

.533
,752

663
125

3.97>»

296
539

1,800

10,li60

1,553
C66
1.123

3.029

1.1*76

730
158

1.928
872
1.16U

8,

,1*1*9

2,1*52

LSI**
623
1,297

2Ult

399

656

1*53

2,112

9't7

712

10.751

6,801*

2,037

2, 116
1,355

1)61

11,198
1,388

U,198

811

3.253

8,Ul6
1.392
3.693

1*,023

1,090

3.9'»2

U.291

39U
653

2,1*79

1.371
8U7

2.290
7,680
3.655

ll»,132
1,1*92

9.909

.276

3UU
812

2,71*1

993
3.552

1,131

1.95lt

R*portt of cross talao.
PrvllBlnary.

Bonrevi

816
1U9
12,126

l*.95»

1,1*02

1,270
280

623
800
953

550
1,1181

l,8llO

'<.532

Vaahlagton
Vaat Tlrglnla
Wlaconaln

1.303
172
12,6h2

663
999

P

9U9
2.511
1.916

3.283
1.312
798

612

Haw Tork
forth Carolina
forth Dakota.

893
962
950

28,663

1,1*86

Jiana

May
P

1,1*88

15.350

<

lav Havpahlra
lav Jero*7
lav Mailco

785
1.325
1,12U

15,550
1.377
5.636

6,586
822
3.305

2.175
1.323
760

9.770
973
23.952

MlHonrl

P

5.36'*

7,310
889
3.6U2

ll»,Z26

2.»77

Maiylaal
Naatachusatti
Michigan

2,9't5

6.285
U,U98

lantnekgr

lonlalaaa
Kalna

P

2,20?
706

391*

lltfi

59.605

2. '•59

Xantai

P

617

1.232

2U1

Dalavara
Dlitrlot of ColnaMi
••.
Tlorlda

•

March

1*78

h96
107
386

563

679

2.393
950

ladlaJia

Fehruary

1/

irlioaa

<

January

136,182

130,979

2/

6

56.658
1,908

21*,

77

772

605

81*7

6,11*2

70

liusu

20,058
2,225
902
276
1,1*20

5.679
519
380
2.667

11.909

232

J
61*2

6U

38

^^7
2

6

7

37

lUU

1.531

277

2,077

122,715

251,1*69

1*61,697

a9, 578

192,71*5

6

2U1*

201,955

209. 08U

.,
.

,

35

Sales of Postal Savings Stamps
Table 1.- Summary
(In thoua&adt of dollars)

19U1 2/

ioal/als of net change

Vet cbaa^o
dorlog fiscal
jear or aonth

Aaoont oatstandlnc
end of fiscal
year or aonth \/

Tltcal year or Bonth

OrosB sales

Badeaptlotts

5.29''

*?.l''3

6,087

9U3

l££,096

160,803

308,316

l''7.513

19Ul-June

5.29''

2.059

2.738

679

July

7.655
10,U6£
IJ.feT

«.362
2.810
3,i6e

3.520
».372
5.192

1.158
1,562
2.030

5.985
6,35"
25,657

2,611
2,928
6,651

•1.169
38,049
UO,599

12,007
13.313

P

i.'i^Z

JlU£UBt.

..

.

Saptealier.

17,001
zo.teg

3.37''

VoTflBber.

December.,

39.''3'»

19U2-JaBnaT7...
February,
March

6«,595
93.932
115.857

19.006
29,161
25.337
21,925

October...

3. ''26

April,,
May p..

lJ3,6aO
152, ''72 r

17.762
18,853

•June p.

166.096

I3.6a't

Source:
p
r

1/

Post Office Departaant, Dlrlslon of Poatal Sarln^.
Prellalnary,
ReTiaed.
Postal saTlngs stafflpa are obll^tlons of the Postal
Sarin^a Syatem and not public debt obligatloaa.

2/

18. 67''

'W.173

22,Ul0

''8,027
lig.eis

29.

m

3".995

Sales and radauptloas of postal sarln^s staaps as shovn
In this table ooaBMaoe vith May 1, 19>tl, Dhen the special
defense ssrles vent on sale, Aaount of old series outstanding
OB April 30, 19l'l vas $150 thousands.
I

Table 2.- Gross Sales, Classified by Denomination
Salea in thousanda of dollara
Placal year
or Bonth

Percentage distribution of sales

Denoainatlon

Total
all
denoml-

10^

25/

$1.00

50if

Total
all
denoBlnations

»5.oo

atloDS
191*1

1/

19''2

P

19111-June

July

DenoBination

10/

25^

UOO

2,691

1,012

1.130

85"

100.0

6,6

"".2

16.6

18.6

67."09

167.538

28,58"

31.5"7

13.236

100.0

21.9

5".3

9.3

10.2

".3

2,738

156

1.399

"27

"57

299

100.0

5.7

51.1

15.6

16.7

10.9

3.520

555
599
659

571
751
687

255
27"
3"7

100,0
100,0
100.0

".9
6,0
7.9

55.8
56.9
59.5

15.8
13.7
12.7

16.2
17.2
13.2

7.3
6,2
6,7

758
738
"91

787
g"7

2.636

3"2
391
1,922

100.0
100.0
100.0

7.8
9.1
20,8

60.7
59.0
51.7

12.7
12."
9.7

13.1
13.3
10.3

5.7
6.2
7,5

52.2

8,7

8,9

3."
3."
3.6

''.372

5,192

17"
262
U12

1.965
2,U86
3.C87

October. ..
NoTember.
December.

5.985
6.35"
25.657

"66
580
5.353

1,632
3.7"9
13.255

"1.169
38.6"9
"0,599

ii.owt
10,020
10,181

21, "98

March

20,72"
21,693

3.579
3.258
3, "2"

3.653
3.333
3.8U5

1.395
1.31"
l,"56

100.0
100.0
100.0

26,8
25.9
25.1

53.6
53."

April,,
May p..
June p.

"0,173
"8,027
"8,618

9.812
10,0U5
9,061

21,529
26,793
27.128

3. "58
".333
".682

3,827
".9"5
5.666

l.5"«
1,912
2.082

100,0
100,0
100.0

2"."
20,9
18,6

53.6
55-8
55.8

19''2-January.

.

Pebruary.

Source:

P

»5.oo

6,087

.,

,

11.00

308,316

Septanber.

Au^st,

50/

2,

Post Office Department, DlTlslon of Postal Savings.
Preliainary,

1/

8.6
9.5
8,6
9.0
9.6

9.5
10.3
11.7

1".0

?-5
u.o
".3

Sales of postal savings staaps as shotni in this table co^enoe
1. 19"1< vhea the speoial defense series vast on sale.

with Mar

Table 3.- Redemptions, Classified by Means of Payment
Redeaptiona in thousands of dollara
Means of peyaent
fissal year
or Booth

Total

1/2/

I9U1

9"3
1.158
1"6.355

' '•'lAu*, 19"1 - June 19"2,

igUl-Juae 2/

Cash

1«,33«

1"
U)

SI

October
lorember
Deceaber.

2,611
2,928
6.651

2,027
2,27"
5,225

12,007
13.313
18. 67"

9.683
11.253
16.5"3

,

,

U
9

8
8
12

9

22. "10

29,17"
3".995

31.

il
s

8M

Poet Office iBpartaant. Dirislon of Postal Barlac*
PrellBlnaxy,
Less than ,05)(,

1/

Ixchao^ed for
postal ssTlogs
certificates

12.5

100.0
100.0
100.0

73.7
75.8

25."
23.7

57"
6h5
1."17

100.0
100.0
100.0

77.6
77.7
78.6

22.0
22.0
21.3

2,316

100.0
100.0
100.0

80.6

2,0M
2,1»

8". 5

88,6

19.3
15."
11."

2."«

100.0

2.7»1
3,165

uw.o
90.9

10.8
9."
9.1

100.0

fiada^tiOBs of postal saErlBue staaps as shown in this tabls ooaaenoa
vith May 1, 19"! vlun tka epeolal defense eeries vent on sale,
Detail
aaans of payaait not arailable for May, June, and July 19"1,
,

2/

100.0
100.0
100.0
100,0

Ixchai^ed for
Ontted States
saving bonds

87."

679

1.151
1.539

Souroe:
p

Total

123

1,158
1,562
2,030

April
May p
June p

Means of payaent

Ixohanged for
postal savlo^o
certiflcatea

127. »93

July 2/
Aogust
September

19"2-January
Pebruary
March

•

Exchanged for
United States
aavlo^ bonds

Percentage distribution of redemptions

V

.

...

. ...
.
.

.

U

.

9
g

UU

9
11

5

53

7

36

Sales of Postal Savings Stamps

-

(Continued)

Table 4.- Gross Sales by States
(In thoutanda of dollara)

Alabaaa
Arizona
Arkanaaa
California

igiti

19U2

i/

P
2.2U«.lt

kzt.o

l9.8>t3-3

2,020.2
llo'.6

Connectleat
Dalavara
Slat, of
Tlorida

ColmMa

lt.5

n't. 2

6,100.1
3.705.9

60.3

•

8.1
355-1

lanaaa.

69.7
50.0
So. 2

Xantucky.
Loulalana.
Malna

U2.8
62.0
37-2

Indiana.
•

•

•

Maaeacliuaatti.

Michigan
Mlnnaaota.
Mlialaalppl.
Mlaaouri
.

ahraaka.
larada.

.

.

.

lav Tork
forth Carolina..
Vorth Dakota. .
.

Oragon.

.

Pannajrlranla.
Bhoda laland.

South Carolina
South Dakota*
Tannaaaaa
Taxaa

3.1128.0

1.725.5

Igg.g

12-5
296-9

13.U
320.1

68.

7g.l

60.1
23-7
319.7

68.1

6.U
83-7
30.2

9.2
155.0
ity.g

10.5
237-5
59.6

27.3
3.8

U0.5

52-1

177-''

222.11

3I4O.5

3U.2

.5

69
36
35-0

g2.1l
ltg.7

.g

2lt.l

8.0

^

• 7
27-lt

31-5

27-0
U1.5
23.6

S:

27-6

U9.6
U3.9
2g.g
g8.3

7

lg.2
375-7

323.3

260. U

305-5

70.

nu.j

111. 7

291.7
108.

36.0

115.6

201.11

100.3
190.9

221.2

198.0

339-5
139-1
318.6

1.878.3

2,78U.6

2,366.8

2,150.2
237-2
951-1

2,178.9
266.3
953.5

3.076.2
326.2
1,109.2

91-5
650.1
197.6

112.6
691-5
583-0

380.

2lll.2

50-9
196.6

20ll.9

599-1

i,oo6.»

902.0

12.7
358.5
85-7

63.3
580.

93-3
771-3

6911.5

298.1

1197-7

1183-7

93-9
656-7
507-9

6U.1
21-3
U12.3

275-1
79-2
2,075-9

I176-2

372.2
96.5
2.999-2

I07-8
102. U
2,950.5

3IO.6
109.3
2.766.3

506-7
1I1.I
3,923-9

1,016.5
516-3
360.2

1,078.6
712-9
330-9

1.033
707-6
311.1

1,267.8
782-9
373-6

UO.7
3.391.5

86.lt

1,027.8

ilO.U

586-9
315.5
212-7

53-5

51-5

283-3

UiiU.9

8

I19.6

3

U3.7

25lt.2
120.lt

U21.8
216-7

117
138
201.9

I25-9
I38.3
232-1

393-7
I60.I
217.6

125-3
582.0
281.8

110.3
337-8
335-6

1172.9

1,119.6
l,llU.3

1,110.8
1.86U.U
1.733.9

782.1
1,710.0
1.636.5

728-7
1,885.3
1,766.9

686.5
1,883.
1,701.

750
2,300.6
2,163.1

99-0
49.9
37-3

S:

112.

50.0

5I10.I1

3U9-7

.

266.9

22.8
17-9
73-3

37.9
25.0
108. U

50.7
26.U

71.8
29-5
IU5.O

71.2
3U-5
161.7

77-7
38-3
153-0

300.

51*5-6

130.6
66U.7

213-3
906.2

537-9
201.1
863.7

515.
205.
936.

511-8
182.0
928

603
192
1.155-5

7-8
I5.t
3.1

lU.g
26.7

21.0

23.2
30.8
6.U

89.11

'•J
20.6
3.7

210
33.1

156.2
292.9

137.6
283-5

1I8.2
315.0

137-5
339.1
17.7

161.0
123.8
63-3

13.3

16.9

9.9

1.150.8
13.313-7
720.3

1IO-3
I.7II-6
9I.I

159-3
1.916.2
129.9

1.350.5
50.8
10. u

53.055.0
3.O87.9
819.2

589-5
22
'':l
3

629.0
3?-3

18,269.'*
2.1t89.2

120.6
22-0

ll|8.g

^:;

286!

5.78lt.

lU,ltl2.

13.722.0
3.993.5
1,508.8
7.33't.

1.063.

2.371

.

381.lt

lll2.0

15-3

a.

27.11

U.6

lt.5

5-7

19.3

17-7
212.5
12.1

28.7
269-1

939.0

985-2

201.

12.2

18.

261t.O

1,062.8

11.355.0

6,193-5

6,585-1

m

7.251-3

7.129-5
3I2.7
99.5

7,883.1

.269.2

2.195-9
318-0
368,6

2,115-3
277-8
399-8

2.591.7
300.9
358.8

2,571.1
268.1
350.6

2,850.9
138.8
381.1

3-675-2

3.182.5

170-0

3,160-8
I05.2
160.1

3.922.1
368.0
181.9

1,131.0
126.2
216.1

119-3
336-0
1.551.0

116.2

127.6
3II.0
1,167.2

137.0
196.0
1,695.8

287.9
U3-1
56-0

318.

501-lt

5117.5

511.5

59.3

e.zUk.s
329.8

23.2

25.11

2611.7
21

7,6

9.9
56.6
233-1

52. U

56.0
6U.0

2.739.3

2lt.6

27.079-6
3.090.3

235-2
33-2
20.5

26U.U

l.>tgg.5

199.7
23.9
15-1

2U.5

370-7
U7.8
21.5

832.3

It.U

6.6

2.95't.o

11.520.7

2^.0
127.8

liEil

7.0
39.3
200.0

6.3
6C-3
176.7

59-5
205-2

5-2
8.2
29.5

13.0
10.2
68.9

15.6
13.2
78.6

16. U

g.U
tl.5

11.2
9.7
58.7

35.7
ll.g
26.1
3.7

57.6
19.3
33-3
5.0

85.1
21.1
38.3
6.8

82.1
25.6
t5.3
6.2

9lt-2
32.li

91.8

1.0

1.3

6.9
6.8

9.7
6.0

lt,372.3

71.6

Vaahlngton..
Vaat Virginia
WlaconalB.

75.0

3.909.

32. "t
10l».7

2,va.

VJroBing

9-7

506.

Alaaka
OnaB
Bavali
Pnarto Rleo..
Snaoa
Virgin lalanda.

1.2

66.1

6-9
10.2

1.290.3
167.3

5.728.

1(0.3

7.1

55-7

1II.9
1.781.3

1,807
82.8

59-1

51

15.

166.7
1,837.9
95.8

U19.5
58.8
30.3

311.3

16

90.8
1,069.0
68.3

III

1:1
189
t3

I10.7

56-1

275-1
16.9

31-9
31-2

l't.7

•

ltl.7

17.2
27.2
17.6

Taraont.
Tlrglnla.

r

37U.U

31.9
155-5

18.1

963.U
705.6
It. 051,8

p

33U.I.

3,038.2

11.6

Sourca:

327-3
29-9
133-6

2,'t99.'t

Otah

Total.

237 -"t
20.2
111.5

197.8

202.3

58.8
276.5

.

175-1
13-3
75-1

112.7

IS."!

107-8
331-3
373-7

10.

. .

36.U
13-2
27-8

2211.U

Ohio
Oklataoaa.

30.g
13.2
lU.l

May
P

April

57. t

3f.2
6.5

H«v Hanpahlra.
law Jeraay.
lev Naxleo....

27.7
11.2
17.2

March

186.2
205.8

17.2

Montana.

7.516.9
620.1

It,

25-0
9.0
13.7

Tabruary

U2.7
139-9
186.0

51.6
36.7
173-5

•

3.175-5
gUl.O
23,612.1

17-1
7-1
10.7

Juuvy

70.it

91.6
312.8
366.8

Marylaad

7,697.'*

17't-l

75.0

OaorglaIdaho
Illlnola.

Xom>

1.67l».7

Saeaahar

luguat Septeahar October

July

38.7
l6.0
2h.t

Colorcido

19U2

19"*!

riaeal 7<ar

15.8
89.2

2117.5

197.1

290.5
1.053.3

l.J»2.7

121.8

312-9

126.2
97.8
558.9
179 -6r
3*0.1
•19.5
71-9

102- ir
336-7
772.7
69.2

6. If

8.7r

86. U

305-5
198-7
123-7

8.6

9-9

'18.5

.2

.U

81.9
U.9

U9.ii

3lt-l

7.9

9.5

5.191-6

5.985-11

3't-l

117369.

1I2,

526! 7

gg

107.

166.3

1,616.0
125
89-3
555-2

137.

I2I.I
365.1
813.0

135.8
312.9
820.1
61.0

63.1
11. 9r

•

6.0g6,9

.1

.1

.6

.2

308,315.6

2,737-6

3.520.1

Foat Offloa Dapartaant, DlTlalon of Postal Sarlnga.
Prallatnary.
BaTlaad.
Lasa than I50.

1/

57.5
9-3

gb.1
15.0

78.0
17.7

158.1
22.1

96.3
566.1

9.7

220.1
23.2

171.9
106.7
602.0
702. Ir

37I-5
931.7
76-7

i3-6r
315-i
22.1

6,35U.3 85,657-1 lil,l68.« 3g,6lt9.2 li0.599.0 Uo.l72.g ltg.026.8 Ii8,6lg.3
Salaa of poatal saTiaga ataapa aa ahown in this tahla coBoancad with
May 1, 1911 whan tka apaolal dafanaa aarlaa went on aale.

.

8

, .
.

9

37

Sales of Tax Series Treasury Notes
Table 1.- Suimnary, by Series
(In millions of IoIIbtb)

Analysis of net chan^

Fiscal year
or mOQth

Aaount
outstanding
end of
fiscal year
or month
(Par value)

Bet
change

during
fiscal year
or iDOnth

Analysis of gross salf^s
Total
funds
recelTed

Adjustment
of sales
reported to
funds rscelTSd

Redemptions
Sales
reported

at par values

All series 1/
igUa 2/

3.0ll».5

+3,0lU.5

U, 138.9

-17.2

'».156.2

19l»l-Aneast....

1.037.1

+1,037.1

1.037.1

-57.5

1,09U.6

September.

l.3't3.o

+305.8

305.9

+17.5

288.5

October.

1.817.6

+lt7U.7

l*7«t.7

+37.0

'»37.

Hovember

2,136.U

+318.8

319.8

-.5

320.

1.0

December.

2, 1*71.0

+33U.6

3U1.9

-3.7

31*5.

7.3

13U2-Janujir3r..

2,697.2

+226.2

237.8

+10.0

227.7

11.5

February,

2,807.1

+109.9

126.1

-1.9

128.0

16.2

1,12U.U

Marcb

2.536.3

-270.8

23U.8

-2.5

237.3

505.6

April.

2,7W».lt

+208.1

25'».7

-6.3

261.0

li6.6

May...

3.099.7

+355.''

399.3

+1».0

395.2

't3.9

June..

3,01lj.5

-85.2

lto6.9

-13.3

U20.2

U92.1

17.

Series A

I9U2 2/

+51*. 8

72.2

+.1

72.1

18.2

+18.2

18.2

-1.5

19.7

September

26.0

+7.8

7.8

+.7

7.1

October.

32.5

+6.5

6.5

+.7

5.8

November

36.7

+^.2

U.2

+.1

U.l

December

ltl*.0

+7.3

7.3

+1.6

5.8

191*2- January.

Ug.U

+J».l*

U.7

-l.U

6.1

.3

February.

50.6

+2.2

3.2

•

3.3

1.0

March....

'»5.l

-5.5

5.3

-.1

5.1*

10.8

April.

1*8.5

+3.1*

U.6

i*.6

1.2

May...

53.1*

+1*.8

5.2

5.2

.3

June..

51*.

+1.U

5.1

5.1

3.7

1,107.0

19Ul-Au«u8t

191*2 2/

2.959.7

+2.959.7

U.066.7

-17.3

l*,08l*.l

19Ul-Aueust....

1,018.9

1.018.9

1.018.9

-56.0

1,071*.

September.

1.316.9

+298.0

298.1

+16.7

281.1*

October..

1.785.1

+1*68.2

U68.2

+36.3

1*31.9

Hovember

2.099.7

+31U.6

315.6

-.6

316.2

December.

2.1*27.0

+327.3

33U.5

-5.3

339.8

7.2

191*2- January..

2,61*8.8

+221.8

233.1

U.5

221.6

11.2

1.0

February.

2,756.5

+107.7

122.9

-1.8

121*. 7

March

2,1*91.2

-265.3

229.5

-2.U

231.9

April

2,695.8

+20U.6

250.1

-6.1*

256.1*

May...

3.OU6.3

1*.0

390.1

1*3.6

2.959.7

+350.5
-86.6

39l*.l

June..

1*01.8

-13.3

1*15.1

1*88.1*

Dally Treasury Statement and reports of gross sales.
Less than $50,000.
Series A and B differ In two Important respects:
(l) Interest aocumulates at
an nnmiHl rate of approximately I.92 percent on Series A and .Ug percent on
Series B; and (2) the aggregate flnminl amount vhlch may be turned In on Income,
estate, or gift taxes Is $1,200 on Series A and Is unlimited on Series B.

2/

15.2
1*91*.

8

U5.I*

Sale of Tax Series Treasury notes began
In August 191*1.

3«

Sales of

Ta?:

Series Treasury Notes

-

(Continued!

Table 2.- Sales Reported by Series, Classified by Denomination

Mecal year
or DO nth

6

..

5
2

9

39

Sales of Tax Series Treasury Notes

-

(Continued)

Table 3.- Sales Reported by Series, Classified by Type of Purchaser
Percental

Sales In Billions of dolls^s at par

Tlaoal 7«ar
or south

Type of purchaser

lype of pnrchassr
Total

XndlTldnals.
partnerships,
and fldnciaries

dlstrl1>tttlon of sales

Total

Corporations

ZndlTldnals,
partnerships,
and fidaeiarlee

Corporations

All series
19U2 1/

1».1$£,2

1(02.5

3.753-7

19'>l-Aa«ust....

1,09U,6

66,0

1,028.6

100.0

6.0

9'i.0

Septenher.

288.5

27-3

261.2

100.0

9.5

90.5

25-5

U12.1

100.0

5.8

9l>.2

HoTesbar.

320.3

17.8

302.5

100.0

5.6

94.U

December.

3U5.6

1*2.1

303-5

100.0

12.2

87.8
71.0

October..

9-7

90.3

227-7

66.1

161.6

100.0

29.0

Tehnuoy.

128.0

26.7

101.3

100.0

20.8

79-2

March

237-3

28.8

208.

100.0

12.1

87-9

April.

261.0

37-2

223.8

100.0

lit.

3

85-7

tta7...

395-2

29-3

365-9

100.0

7."

92.6

JUDA.

U20.2

35.5

38U.7

100.0

8.5

91.5

igltS-January.

Series A
191*2 1/

72.1

63.0

9-1

100.0

g7.U

12.6

19ltl-Aii«ust

19.7

16.0

3.7

100.0

81.2

18.8

7-1

6.2

9

100.0

87.U

12.6

October.

5.8

5.2

.6

100.0

89.0

11.0

VoTeaber.

U.l

3-5

.6

100.0

85.5

llt.5

Deceaber.

5.8

5.i»

.U

100.0

93.8

6.2

19''2-JaniiaT7..

6.1

5.1*

.7

100.0

88.9

11.1

Tebruarj.

3-3

2.8

.!>

100.0

87.2

12.8

March.

5.t

U.9

.5

100.0

90.6

9.U

April.

U.6

U.2

.k

100.0

92.1

7.9

May...

5-2

1*.7

.u

100.0

91.7

8.3

Jane..

5.1

U.6

.5

100.0

90.3

9.7

September.

. .

•

Series B
1*,08>*.1

339.5

3.71A.6

8.3

91.7

I.07U.9

50.0

1,02U.9

100.0

U.7

95-3

Septenber.

281.1*

a.i

260.3

100.0

7.5

92.5

October.

"31-9

20.1*

1*11.5

100.0

u.7

95-3

Voreaber.

316.2

1U.3

301.9

100.0

U.5

95-5

December.

339.8

36.7

303.1

100.0

10.8

89.2

221.

60.7

160.9

100.0

27. u

72.6

February.

12l*.7

23-8

100.9

100.0

19-1

80.

March

231.9

23.9

208.0

100.0

10.3

89.7

April.

256. U

33.0

223.1*

100.0

12.9

87.1

Majr...

390.1

Zk.6

365.5

100.0

6.3

93.7

June..

U15.I

30.9

381*.

100.0

7.U

92.6

191*2 1/
191*1

-August

19'*2-Januar7..

Source!
1/

Saports of grett sales.
Sales of Tax Scries Trsasory notes began In An^ast I9U1,

g

1
2

Ho

Sales of Tax Series Treasury Notes

(Continued)

-

Table 4.- Redemptions by Series, Classified by Means of Payment
Bedenptlons In mllllone of dollars at par
riacal year
or aonth

Total

BecelTed
for taxes

l,12l».U

19U2 1/

Fereentage dlstrlbntlon of redemptions
Means of payment

Means of parent

1,103.7

Received

Cash
redemptions

20.7

for taxes

100.0

Cash
redsaptlona

98.2

100.0

100.0

IjUl-ia^nst

1.8

Septettber

100.0

100.0

October

100.0

100.0
100.0

HoTember

1.0

100.0

December

7.3

100.0

100.0

11.5

10.5

1.0

100.0

91.1*

8.6

l6.2

15.8

•

3

100.0

97.9

2.1

March

505.6

50U.7

•9

100.0

99.8

.2

April

U6.6

1*5.4

1-3

100.0

97.3

2.7

1*2.

1.8

100.0

6.9

100.0

95-9
98.6

U.l

1*85.2

95.6

u.u

19U2-Jajiuax7

TebroAzy

May
June

1*92.1

l.U

Series 1
19l»8 1/

17.

16.6

19ltl.la«ast

100.0

100.0

September

100.0

100.0

October

100.0

100.0

HoTeober

100.0

100.0

December

100.0

19U2-Jaaaar7

100.0

3

100.0

85.2

ll*.8

1.0

•9

100.0

91.0

9.0

March

lO.g

10.5

100.0

97.3

2.7

iprll

1.2

1.1

100.0

93.'*

6.6

.3

.2

100.0

76.1

23.9

3.7

3.6

100.0

97.2

2.8

100.0

98.2

1.8

.3

rebmary

May
June

•

Series B
ijUs 1/

1,107.0

1,087.1

19.9

l9Ul^»a«ast

September
October

,

100.0

100.0

100.0

100.0
100.0

HoTeaber

1.0

1.0

100.0

December

7.2

7.2

100.0

19'*S-<rannar7

Vabmary
March

100.0

11.2

10.3

9

100.0

91.6

8.U

15.2

IU.9

.2

100.0

98.U

1.6

.6

100.0

«.9

.1

1*91*.

1*91*.

i^ll

l*5.U

ltU.3

1.2

100.0

97.1*

2.S

May

1*3.6

U1.9

1.7

100.0

96.0

U.O

1*88.1*

1*81.6

6.9

100.0

98.6

1.1*

June
Sosroei
*

Dally Treasury Statements.
Lass than $^,000.

1/

Sale of Tax Series Treasury notes began In Aucnat 191*1.

6

.,.

3

in

Public Debt Receipts and Expenditures
(In mlllionB of dollari)

Zxp«ndltar«i

Heo«lpts

1938
1939

Idjuatsl
eerrlc*
bondt
9,620.8

,

,

,

Ijltl.Jona

July
Auguat .

* .

Saptembar,

October. .
NoTambar .
Decambar.
19"* 2- January.

April
May
June
Source:

23,Wl.O

729.1

787.3

2,631.1*

1, 21(0.7

.6

1*76.0

51*7.7
'•58.9

l,U06!l*

7'*5.5

711.7

21.8
17.0
33.7

>t,2U0.8

596.0

5.876.2

5.388.5

1,683.6

.1

787-3

2,917.5

U, 11*7.8

1,121.2
l.SSU.U
1.170.9

895.1
1,721.2
9Ug.6

.1
.1
.1

.6

225.3
163.1
222.2

570.1

3,Ol»6.U

2.760.3
l,768.U
3.282.5

189.0

2,527.1
2,999.8
i,uo3.o

Uo6.2

3.07U.7
3,160.6

.. .,

,

i*,lll.3

3.1'»1.6

3.5'*7.1

.

596.0

2.2
1.3

1,938.3

JTebruary..

Maroh.

2,895.6

71W.1
3.27U.8
2,528.0
5.993.9

10,U62.1
30,690.9

17,«'*6.7

'*,775.8
7. '•75.1
7.19'i.'t

12.8
6.6
g.lt

2,673.8
3.036.9
2,812.0

2.158.5
2.567.1
3.150.8

97.0
169.8
261*.5

528.5

1*82.5
61*8.8

'•55.5

1,001.3
791.7

190.1*

l.55't.7

3,ll6.U
U, 300.0

3,051.3

.9

57'*.'*

'•.119.1

180.7

9.ao.9

5,2ll*.lt

3.996.'t

690.7
5.359-0

61*

5,166.0
5.301.0
5,679.8
5,815.6
8,996.1

808.8

160.5

I'll.

.2

outstandia^

2,812.0
3,l'H.6,

189.

1,01*0.8
1,1*72.9
2,11*5.8

2,237.6

••7.0

2,073.5
2.368.9
38.8

1*0.6

2,51*2.0

20.7
3.629.2

3,609.3
3.851.8

535.''

ll06.2

59.7

.2

33.7

533.7
670.0
1,729.8

U25.U

91.3
27.1
89.3

757.8
1,507.6

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

673-8
03lt.9
3.03'^.9

599.5

Dally Traa8UJ7 Statanenta.
Lose than $50,000.

Bnd of flaoal year or month

Ixoaaa
of
reealpta

Kzchan^a

37.l6'*.3

13,165.6

19'»2

Ezohfin^s

Speolal

Sp«olal
Itsnta

8,880.7
9,808.8
10,637.6
11,852.8
13.703.3

13. 083.

19U0
191*1

Pa1>lla lt«u6t

Fublle It^nfli

Tlsoal 7«ar
or month

1,1'

55.8

a. 898.3

OWNERSHIP

OF

GOVERNMENT

-IV2-

SECURITIES

*3

Summary Distribution by Classes of Holders of Interest-Bearing Securities Issued
by United States Government and Guaranteed by United States

u
Summary Data from Treasury Survey of Ovmership of Securities
Issued or Guaranteed by the United States, May 31, 1942

The

May 31,

19'^2,

United States.
covered in

the

the

of

summary data

tables preeent

following

The

ownership

commercial

large

survey

of

account

for

Issued

securities

and

Treasury survey,

from the

or

approximately 95

by

guaranteed

and insurance

savings banks

percent of

the

of

as

the

companies

holdings

of

United States ftovernment and Government-guaranteed securities held by all banks and
insurance companies in the United States.

Table I.- Analysis of Ownership by Type of Security, by Call Classes
and by Tax-Exemption ProvIslonB
PART A - PAR VALUES IN MILLIONS OF DOLLARS
Palllle narlntabla latareflt-bearlng eecurltlee 1/

^ banks

Held by

6,272 banka

GOTemnent
a^ncles

Bold

Classlfteatton

Tot&l
anoont
outIt andln^

and Insuranca conpanlaB
eoTarad la Treagury BTirraj

Totta
7.029

5.780

lutl-

coiimer<

tutlone

clal
banka

n. s.

757 Insurance companies

U92
Butnal Total

arin^
baaJca

560
fire,

197
casual t7,
life
Insurance and narlna
oonpanies Insurance
companies

and trust
funds, and
federal
Reserve
Banks 2/

Held by
all
other
InTestors

Type of security

Securities Issued by United States

Treasury bills

2.257

1,1*22

1,369

1.350

19

51*

12

U2

156

678

Certificates of Indebtedness

1.507

1,036

907

869

38

129

99

30

35

1*36

Treasury notes

5.571

3.257

3.018

2,902

116

2l*0

152

87

71*9

1,565

Treasury bonds

38,085

25,953

18,138

1U,725

3.1*13

7,815

6,U66

1,31*9

3.931

8,200

196

13

12

12

1

•

1

33

150

5.667

'',338

3,881

3.698

183

"57

376

82

29s

1,031

53,282

36.019

27,321*

2?. 551*

3,770

8,695

7,105

1,590

5,202

12, 060

Other b^Dds
Ouaranteed Issues \/

Total,

By calx classes
Ihie

or first becoming callable

VI thin 1 year
1

to 5 years

5 to 10 years

6,282

U.lgg

3.889

3.768

121

279

170

109

383

1,731

17.353

11,193

9,168

8.391

777

2,025

1,593

U32

1,738

1*,1*22

15, 625

11,1*15

8,995

7,551*

l,l*Ul

2,1*19

1,951*

U66

1,632

2,578

10 to 15 years

7,9'«

5,150

3,507

2.585

922

l,6U3

1,351*

289

853

1,91*6

15 to 20 years

2,

1*5 It

1,771

655

578

77

1.116

901

211*

201

U«2

Over 20 years

3.598

2,305

1,101*

672

1*32

1,201

1,121

80

395

899

21

19

12

12

53.282

36,019

8,695

7.105

1,590

5,202

12.060

Federal Housing Administration debentures

27,321*

23.551*

3.770

By tsx-exemptlon provisions

Wholly exempt from federal Income texes )^

1,711

1.651*

57

lUl

83

58

700

1.1*79

766

13,106

1,660

5.825

U.637

1,189

3,232

6.798

13,576

10,81*7

8,791*

2,053

2.729

2,3«5

3l*U

1,271

3.783

36,019

27,32U

23,551*

3,770

8,695

7,10^

1,590

5,202

12.060

^^,032

1.852

Partially exempt from Tederal Income taxes ^/ 30, 620

20,591

11*.

Subject to federal Income taxes

18,629

Total.

53,282

(Continued on follovln^ page)

.

Sumnary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, May 31, 1042 - (Continued)
Table I.- Analysis of Ownership by Type of Security, by Call Classes,
and by Tax-Exemption Provisions - (Continued)
PART B

-

FERCENTAaE SISTRIBDTIOB BY OLASaSS OP BECURITIEB
Poklls HLrlntabla Intaraat-taarliig •acurltlaa 1/

Hald b7 bank* and Inaoranoa co^aalas
ooTorad la Traasory awrrmy

ClaHlfl cation

Total
aaoont
eut-

taadlac

6,272 baaks
Total
7.029

lutt-

Total

tntioni

8y typa of aacurlty
Saeurltlaa laausd by United Statea
Traaaury billa
Cartlficatea of indabtadaaaa
Traaaury notea
Traaaury booda
Other bonda
Ouaranteed lefluea

"t.2

^

By call claaaea
^e or flrat becoming callable
VI thl n 1 year
1 to 5 yeara
5 to 10 yeara
10 to 15 yeara
15 to 20 year,
Orer 20 yeara
federal Houalu^ Adalnlatratlon debenturea.

11.8
32.6
29.3
lU.o
U.6
6.8

560 flra,
and tmat
oaaualtj,
fonda, and
Ufa
and aarlaa
Tadoral
Inanraaoa l&anranoa
Saaerra
oo^aolaa coapanlaa Baaka
2/

492
aatual

197

laTlii^,

baaki

.5

.6

.2

1.0
3.1
90.6

1.5
2.8
89.9

l.U
2.1

91.0

2.6
1.9

8U.g

•

•

U.9

5.3

5.3

5-2

3.2
20.6

3.2
23.3
27.8
18.9
12.8
13.8

2.U

6.9
27.2
29.3
18.1
13.5
5.0

100.0

11.6
31.1
31.7
1''.3

t.9
6.U

1U.2
33.6
32.9
12.8
2.U
U.O

16.0
35.6
32.1
11.0

100.0

2.9

.1

.

By tax-eTenptlott proTlaloaa
Wholly exempt froa federal Incone taxea U/.
Partially exempt froa federal Income taxea 5/
Subject to federal Incoffle taxes

15.7

U. 8.

757 Inaaranoe ooapaalaa

.1

lU.2

100.0

Total

Total

5.7
3.7
12.3
62.5

2.8
10.5
71.5
.U
10.6

Total

5.780
30^or<
elal
baaka

Eald br

38.2
2U.U
2.0
11.5

.1

100.0

100.0

100.0

7.6
57.5
35.0

5.1
57.2
37.7

5't.o

100.0

100.0

100.0

6.3

39.7

OoTamaant
a^aclaa

22. li

27.5
19.1
12.7
15.8
.2

Bald b/
all
othar
Inraatora

Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, May 31, 1942 - (Continued)
Table II,- Distribution of Ownership for Each Issue Outstanding
PART A - PAR VALUES IN MILLIONS OF DOLLARS
Public aarlcetable Interest-^aarlng saeurltlea

1^/

Held ^7 banks and Insurance coopanlee
covered In Treasury surrey

Held by
n.

6,272 banks
It«u0, classified

y>y

t&x-exeoptloa provlsloa

Total
amomit
out-

tandla^

Total
7.029

iMtl-

S.

GoTemment

agencies
and trust
197
funds, and
life
casualty
federal
Insurance and marine
Reserve
companies Insurance
Banks 1/
companies
560

Total

tutlona

I.

757 Insurance companies

U92
5.780
commer- mutual
cial
saTln^E
banks
banks

fire.

Total

Held by
all
other
investors

Wholly exempt from ftderal income taxes 3/
Treasury notes

279

100
80
266

185
177
286

178
lt3
278

176
137
273

UlS
283
718

230

221
37

387

223
38
355

3.836

1.839

1.699

1,6U2

31*2

lUlt

232
629

100
292

1*

March

I9UU

279
U21
515

j/kt

19'>1*
Juna
September 19*
191*5
Harch

l-3/lti(

September 19U2
December 19lt2

l-l/g*

19't3

2^

1)J

.Juno

September 19U3

l-l/B)t December

li
3/U)l

19't3

Total Treasury notes
Bonds
Postal savings
Panama Canal
Conversion

39

115
90

21

7

66

132

h
2

6
11

31

118

101
219

3

3

28
2

6
6

12

77
61
96

109
IgU
236

57

667

1.329

5

57

lUO

83

U7

33

50
29

Total bonds

Total ^olly exempt from Federal
Income taxes

196

13

1»,032

1.852

1.711

I.65U

57

lUi

83

58

700

197
6O8
671

1U2
535
599

55
73
72

66
189
2U2

U9
136
193

16

U9

U9
117
lUU

15^

Uo

33

Partially exempt from Fedaral Income
taxes U/
TrestJBury

bonds

3-3/8)t June
3-l/U)t October
3-l/U)J April

19''3-''7

U511

19'»5-'*5

l.ltOl

263
797

19IA-U6

1.519

9llt

U^

igUU-SU

1.037
5U1

590
329

385
520
303

66
69
25

191*

i.aU

6H5
805
U23

•51

2-3/H5t September 19't5-»7

215
95

U89
1.036
819

315
652
500

210

17"^

''65

388
290

36
77
68

105
188
IU2

759
701

U19
5gU

282
507

222

59

137

1190

17

77

1.223

9I10

695

6U

8lt

2U5

288
Ulg
233

275
Uoi
176

13
17
58

973
693

867

731

599
581

137
715
58U

December

2-l/2< December

19U5

3-3/U* March

19't6-56

June
3-1/8)8 June

19I46-U9

jf

U-l/U* October
December
si
2-3/U* March

19U6-Ug

19'»7-52

19U7

l3kS-%

2-l/21t September 19'tg

358

51

Ui

100
109

61

33

28

92
157
117

13
31

58
183

25

63

80
52
207

57
25
38

IU5

liA

66
kk
106

13
19
38

I]

107
95
150

272
213
US6

as

5^

168
uoi

^3
65

76
39
15

97

75
55
13

22
19
16

137
587

105
U6g
222

33
119

285

80

80
28

"51

368

19US-5O
19U9-52

?^

lt«o

191

377

2-1/258 December 19't9-53
2-1/2)8 September 1950-52
2-3/U)8 June
1951-5'»

1,786
1,186
1,627

1.2U5

September 1951-55
1951-53
1953-55

755
1,118
725

310
828
629

599

681
2,611
982

535
l.lUU
6l5

398
557
329

378

20

1955-60
2-7/8* March
2-3/l»i8 September 195&-59

1*30

127
U6

1958-63
196O-65

919
1,U«5

690
1,080

251

211

357

367

Ui
36

1*39

I103

677

5'»5

82
132

85
117

26.581

17.661

12.203

10.663

1.5'*0

5. 1*58

'*.317

l.lUl

2,978

Si

December

3-l/5)t December

3)8

2-l/U)8 December
2)8

June

2-l/Uj8 Juno

2-3/U58 June
2-3/U)8 December

195'*-56

Total Treasury bonds

906
1.197

28't

7U
30

58

172
120

1

353

37
72

110

6l»

26

263
129
193
121*

159
32
51

Uag
177

*7

Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, May 31, 1942 - (Continued)
Table II.- Distribution of Ownership for Each Issue Outstanding
PART A

-

PAR

-

(Continued)

1

1

Data from Treasury Survey of Ovnershlp of Securities
Issued or Guaranteed by the United States, May 31, 1942 - (Continued)
SuitBuary

Table 11.- Distribution of Ownership for Each Issue Outstanding

-

(Continued)

PART B - PEaiOENTAaB DIBTRffiUTIOH BY GROUPS OF INVEBTORB
Public BATketable Interest-baarln^ securities l/

Held

baoke and Insurance companies
covered In Treasury survey
ti7

Held by
tJ.

6,273 banks

Total

Ia>ua, olaallfltd if

tax-6x«mptloD proTltlon

efflooat

out•tandlsf

Total
7.029
iBStltutlons

5.780

757 Insurance oompanles

sooser- mutual

dal

saving
banks

companies

Insurance
companies

Wholly exempt from Tedaral Income tajres j/
Traaeury notes
September 19U2
l^hS
19't3
June

100,0
100.0
100.0

1*2.

September I9U3
if
l-l/8)t December
19>t3
I9UU
March
10

100.0
100.0
100,9

66.

3A»

100.

20

I.3A* December
l-l/fflf

19Wt
June
September V)^
19U5
Kerch

1*3.2
U6.l»

U2.1

"."
"•5
2.0

8."
".3
2.1

6.3

W.3

29.2
3"."
"2.3

.U

1.7

63.9
3U.0
53.9

62.8
32.5
53.0

1.0
1.5

2.2
8.1
1.5

1.1
6.7
.u

1.1
1."
1.1

33.6
38.9

1.6

1.8
.2

.6

1.3

2.8

1.7

3.7

2.2

U9.'*

53.2
13.0
"9.2

100,0

ug.o

W1.3

"S.8

100.0
100.0
100.0

10.2
1.6

9.7
1.3

9."

.8

.6

1.3
.6

100.0

6.6

6.3

6.1

.2

100.0

'*5.9

1*2.

U

"1.0

1."

3.5

I9U3-U7
I9U3-U5
19UU-U6

100.0
100.0
100.0

58.0
56.9
60.2

U3.I*
U3.1»
Uit.2

31.3
38.2
39.5

12.2
5.2
".7

1".5
13.5
16.0

10.9
9.9
12.7

U0
December 19UU-5U
2-3A)S September 19U5-U7
2-1/2* December I9U5

100.0
100.0
100.0

62.2
66.3

"3.5
"8.6
60.7

37.1
"2.8
56.0

6."
5.7
".7

18.7
17.7
17.5

1".9

78.2

19U6-56
19U6-Ug
19U6-U9

100.0
100,0
100.0

6U.;
63.0
61.0

"2.9
"".9
"3.7

35.5
37."
35."

7."
7."
8.3

21.6
18.1
17.3

I9U7-52
I9U7
19Ug-51

lOO.O
100,0
100,0

55.2
83.3
76.8

37.1
72."
56.8

29.3
69.9
50.0

7.8
2.5
6.8

18.1
10.9
20.0

10.6
7."
17.0

2-1/20 September 19Ug
December I9U8-5O
20
3-1/80 December 19U9-58

100.0
100.0
100.8

81.5
8U.0
76.8

63.9
73.1
"7.5

60.9
70.2
35.8

3.0
2.9
11.7

17.7
11.0
29.3

1".7
7.7
21.6

2-1/20 December I9U9-53
2-1/20 September 1950-52
1951-5U
2-3A0 June

100.0
100.0
100,0

69.7
76.U
73.6

5". 5

58.5
"".9

"8.5
50.5
35.7

6.0
8.0
9.2

15.2
17.9

12.2
1".2

28.6

2". 6

September 1951-55
1951-53
June
1953-55

100.0
100.0
100.0

Ul.O
7U.0
86.8

28.2
67."
82.7

18.2
6".0
80.6

10.0
3."
2.0

12.8
6.6
".1

9.9
".9
1.8

195l>-56
2-1/U0 June
2-7/80 March
1955-60
2-3/>l0 September 1956-59

100.0
100.0
100.

78.7
U3.8
62.6

58.5
21.3
33.5

55.5
16.5
28.9

3.0
".9
".6

20.2
22.5
29.1

15."
17.9
22.6

l.}M

100.0
100.0

75.1
72.7

27.3
27.1

22.9

"."
2.5

"7.7
"5.6

38.8
36.7

100.0

66."

U5.9

140.1

3A0

Total Treaeury notes
Bonds
Postal savings
Panama Canal
Coaver si on

•

Total bonds
Total wholly exempt from federal
income taxes

13.5

1.5

.2

Partially exempt from federal Income
taxes

V

Treasury bonds
3-}/g0 June
3-1 A* October
3-1 /U0 Aprl

3.3A0 March
June
3-1/80 June
3*

•

U-l/l|0 October

20

S-}M

30

December
March

2-1A0 December
20

June
2-3/^ December

1958-63
196O-65

Total Treasury bonds

2". 7

2.1
2.7

"."

55."
13.7
53.8

53.6

100,0
100.0

10

a^ncles

560
and trust
197
fire,
funds, and
life
casualty.
Tedaral
Insurance and marine
Reserve

1*92

banks

S.

Government

Banks 2/

Held by
all

other
Investors

U2

5

.

8

U

»^9

Summary Data from Treasury Survey of Owiershlp of Securities
Issued or Guaranteed by the United States, May 31, 1942 - (Continued)
Table II.- Distribution of Ownership for Each Issue Outstanding

-

(Continued)

PART B - PBHCENTAaE DISTRIBUTION BY OR0UP3 OF INVE8T0Rfl-( Continued)
Public Bark«table interest-bearing securities l/

Held by banks and Insurance companies
coTered in Treasury surrey

Held by
n.

6,272 banks

lesae. claBslfiad bj

Total
amount
outstanding

tax-azemptlon proTtslon

Total
7,029
institutions

s.

757 insurance companies Ooremment

5.780

1*92

consaer-

mutual

ctal
banks

sa-rlnga

bank.

agencies
560
and trust
197
fir«.
funds , and
life
casualty,
Total
Ftederal
insurance and Darlne
Reserve
companies Insnraaafl
Banks 2/

Held by
all

other
Investors

ooiapaBlQS

Partlallj «i«npt from radgral Income
taiM k/ (contlnaad)
Qu&ranteed Iseues
Commodity Credit Corporation
May
i/kf,
19U3

^

Federal ?&rm Mortgage Corporation
3-l/'t)t Maroh
igUit-SU
May
I9IA-U9
3it

100.0

87.6

85.1

gi*.5

2.5

l.U

100.0
100.0

66.9
63.9

33.8
1*6.3

21.8
U3.3

12.0
3.0

33.1
17.6

31.8
16.1

86.8

30.2

27.1*

2.8

56.5

56.2

100.0
100.0
100.0

78.9

77.1
37.2

1.2

11.7
6.6

10.9
5.5

.9

2.6
17.9

83.1*

2.3
5-3
1.6

.7

90.0

7U.7
31.9
81.9

1.9

1*9.0

1.1

.5

72.2

2.1

3.0

1.9

1.1

1.6

Federal Housing Administration
debentures

Home Owners' Loan Corporation
2-l/l»* July
19U2-1A...
May
19lllt-52...
3i
i9lt5Jt7...
1-1/2* June

Heconstructlon Finance Corporation
1)6
July
1942
United States Housing Authority
I9IA
1-3/g* February

100.0

77.1*

7U.3

100.0

83.1

80.2

78.6

1.6

2.9

1.3

Total guaranteed Issues

100.0

72-5

63.1*

60.5

3.0

9.1

7.9

67.2

Us.

1)2.8

5."*

19.0

15-1

U5.5

.6

3.6
2.2
1.2

Total partially exempt from Federal
Income taxes

Sabject to Federal Income taxes
Treasury bills
Jane 19l<2 maturities
Jiily 19'*2 maturities
August 19112 maturities

100.0
100.0
100.0

U9.7
60.3
77.7

1*6.0

58.1

57.1*

•7

76.5

75.1*

1.2

Total Treasury bills

100.0

63.0

60.7

59.

68.7

60.

57.6

100.0
100.0
100.0
100.0

21*.

18.2
7U.I

8U.2

21.7
77.6
79.3
77.7

100.0

81.7

76.0

100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0

78.1*

61.1

79-5
78.5
72.7
67.8
8O.3
70.5
72.2

69.1*

61.1*

Mils
7.2
38.3

100.0

72.1

Certificates of Indebtedness
1/256
NoTember
19112.

Treasury notes
3/U!«
March
September
i/kft
3/U*
December
March
1*

191*3.

I9IA.
IS^tS-

I9U6.

Total Treasury notes.

Treasury bonds
March
Si
June
September
December
2-1/216
March
2-1/U56
June
2-1/2*
March
2-1/2*
June
2-1/2*
September

191*8-50.
I9I49-5I.
191*9-51 •

1951-55.
1952-51*.

1952-55.
1956-581962-67
1967-72.

Total Treasury bonds

»

82.7

73-7
65.9
52.1

1.3
1.5

IT.

Sote:

1/

22.6
16.5
21.2

3.9

10.6

22.2

.U

3.2

1.8

.5

2.7
20.1

U7.6
19.5
17.7

6.9

30.0

2.3

28.9

59.6

1.2
1.8

8.5

6.6

2.8

2.5

.2

u

2.6
1.3

15.9
13.9
12.1
lU.U
13.6

%U

71*.

U.6

1.7
1-9
1.9

72.6

3.'*

5.7

U.O

1.8

U.7

1*7.2

13.8
11.9
9.3
7.0
28.9

17.3
10.1
U.8
6.8
15.8
15.1
26.1

16.0

7.7
12.1

12.6
10.8
3.8

6U.9
23.1

62.6
20.9

1.3
1.5
l.U
2.3
1.0
2.1
1.8
2.3
2.2

6.2
12-5

20.9
lU.7
21.3
15.9
22.0
21.6
26.1

20.5

18.7

1.8

8.3

19.6

6.2

1.9

5."

5.1

3.7

12.5
11.7
9-5

6U.1*

58.9
23.1
•3.3
17.9

22.

li
1U.8

.6

2l*.8

26.5
7.2
13.5

51.6

35-3

16.3

gl*.5

76.

71.6

U.8

87.1*

77.5
80.6
78.9

1*.8

7.3
5.0
3.0

1.7
1-5

2.3
3.3
1.5

3.9

5.5

3.U

2.1

2.7

10.7

1.8

6.8

20.3

3.0

9.8

22.6

88.1
86.7

80.1
83.1
83.7

Total gnaranteed isfmes

106.0

86.6

81.0

77.1

72.9

58.2

1*7.2

67.6

.2^

l*lt.2

100.0

33.2
9.5

6.0
6.6

100.0
100.0
100.0

Grand total.

IS.";

3.8
2.9

75.1*

Seconstructlon Finance Corporation
October
191*2
7/8*
1-1/8* July
I9U3
April
191*1*
1*

Total subject to Federal Income taxes.

32.9
25.6

13.2

^

Quaranteed issues
Commodity Credit Corporation
1-l/g* February
19U5

.2

10.5

6.3

2.U
2-5

12.

Figures are rounded to the nearest million or the nearest
one-tenth of one percent and will not necessarily add to
totals
Less than $500,000 or lass than .05*.
Public marketable securities include all securities issued
except
CD special issues to OoTarnment agencies and trust funds, (2)
adjusted serrico bonds, (3) depositary bonds, (1*) Dnlted States
saTlngs bonds, and (5) tax series notes.
Such obligations wore
held by institutions reporting, as follows:
(1) depositary
bonds - commercial banks, $69 millions; (2) United States savings bonds - commercial banks, $178 millions: mutual savings
banks
»39 millions: insurance oompanlss, $63 millions; all institutions,
$279 llllons; (3) tax series notes - commercial banks, $38 millionsinsurance oompanlee, $11 millions; all Institutions.
$50 millions.

2.5

lU.6

7.1

16.3

13.3

.3

J

Excludes Ixchange Stabilisation Fond.
Securities the income from which Is exempt from the
normal rates and the surtax rates of the Federal income

y

Securities the income from which is exempt from the
normal rates of the Federal income tax.
(tn the case
of partially tax-exempt Treasury bonds. Interest derived
from $5,000 of principal amoiint owned by any single
holder is also exempt from the surtax rates of the
Federal income tax.)
Ixcludss obligations sold directly to the Treaiury.

tax.

5/

PRICES

AND

YIELDS

OF

GOVERNMENT

SECURITIES

(Including securities issued by Federal agencies)

-50-

51

Over-the-Counter Closing Quotations on Public Marketable Securities Issued by the
United States Government and by Federal Agencies
July 15, 1942
Table I.- Securities Issued by the United States Government

52

Over-the-Counter Closing Quotations on Public Marketable Securities Issued by the
United States Government and by Federal Agencies
July 15, 1942

-

(Ckjntinued)

Table I.- Securities Issued by the United States Government

-

(Continued)

53

Over-the-counter Closing Quotations on Public Marketable Securities Issued by the
United States Government and by Federal Agencies
July 15, 1942

-

(Continued)

Table III. - Se curltles Issued by Federal Agencies but not Guaranteed by the United States
FART A - ISSUES QUOTED ON A PRICE BASIS

Aoonst
out-

5^

YIELDS OF

TREASURY BONDS AND NOTES,
Ba^ed on

1942

NT~
2.40

2.20

2.00

1.80

1.60

1.40

1.20

1.00

.80

.60

.40

.20

2.80

2.60

2.40

2.20

2.00

1.

80

1.60

1.40

1.20

1.00

.80

.60

.40

.20

•44

46

'48

•50

Mean
'53

of Closini^

M

-56

Bid
58

JULY

1942

15.

and Asked Quotations
60

62

64

66

68

70

.

..

.

,

55

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

Partially
taxaxiapt
Traaanjy
boada 1/

Bl«bfaiabla
grada
TraaaoTT
boada Zj oorporata
beads 1/

Partially
Data

tax.
axavpt
Traaauiy
boBdi 1/

Partially
El«lv.
laxabla
grada
Traaanry
oorporata
baoda g/
bonds

taxexsmpt
Traaaury
bonda 1/

^

HlgbTaxabla
srada
Traasury
oorporata
bonds Zj
bonds If

Moathly Sariaa k/

193U-JU..

1937-J«n..
Pab..

3.50
3.32
3.20

Fab..
Mar..

2,'t7

Iter..

Pab.
Kar..

2.30
2.32
2.25

2.81
2.79
2.77

Apr..
May..
Jnne,

2.25
2.38
2.39

2.7't

19ltO- Jan.

2.U6
2.60

3.11
3.02
2.98

ay..

Jon*.

Jona.

2.80
2.76
2.76

3.36
3.U3
3.36
3.31

Aug..
S*pt.

2.92
3.03
3.30

Jnly.
Aug..
3apt.

2.72
2.72
2.77

3.27
3.25
3.26

July.
tag..
Sapt.

2.28
2.25
2.18

2.85
2.80
2.71

3.10
3.07
3.01

Oct..
Nov..

2.76
2.71
2.67

3.26
1.22
3.17

Oct..
Hot..
Dao..

2.10
1.97
1.89

2.70
2.65
2.59

1938. Jan..

3.17

Mar..,

2.88
2.79
2.77

19l»UJaa..
Pab..
Mar..

1.99
2.10
2.01

2.57
2.71
2.73

Apr..,

2.7'»

May..

2.72
2.72

Apr..
May..
Jona.

2.6a
2.51
2.52

.15

Apr..
May..
Juna.

1.96
1.92
1.91

2.76
2.75
2.70

2.69
2.76
2.85

July.
Aa«..
Sapt.

2.52
2.51
2.58

.12
.10
3.12

July.
An*..
Sapt.

1..90
1..9»t
1..9U

2.85
2.83
2.83

Oct..
Rot..

2.1m
2.50

3.06

Oct..
Hot..

Dae.

S.^

3.02

1..88
1..85
1..96

2.23
2.22
2.37

2.6(

2.80
2.77
2.71

1939- Jan..

2.'t7

Pab.
Mar..

2.UU
2.3'»

2,96
2.90
2.87

Pab..
Mar..

2.01
2.09
2.00

2.37
2.39
2.35

2.76
2.80
2.80

2.68
2.66
2.66

Apr..
May..
Juna.

2.30
2.17
2.13

2.92
2.86
2.78

Apr..
May..
Jnna.

1.98
1.97
1.97

2,3'»

2.77
2.76
2.75

2.65
2.61
2.60

July.

2.16
2.21
2.65

2.62
2.53
2.51

Oct..
Hot. .

2.76
2.79
3.29
3.lt
2.93
2.86

Apr..
Itay..

Oct..
lOT..

Dm..,
1935-J«..
r«i>.

Jnna.,

July.
Sapt.,

Oct..,
KoT. ,

Sac,
193&-Jaii.

.

Tab..,
Mar..,
Apr..,
May..,
Jixne.

July.,

Aug..
Sapt.
Oct..,
VOT. .

Sac.

Apr.,

Sac.
Pab.

Mar..

Sapt.

3.0"*

2.60
2.U6
2.35

Dae.

Waakly Sariaa - Saturday Plgurat
I9't2-Jan.

3.

2.00

2.39

2.70

10.

1.97
2.01

2.38
2.38

2.73
2.76

2.03

2.36

2.05

2.37

2.79
2.80

17.
2U.
31.

IjUajter.

7.

2.06

2.38

2.79

lU.

2.10
2.10

2.'tO

21.

2.38

2.78
2.81

28.

2.10

2.39

2.81

^

7.

2.02

2.36

2.79

1<

2.02

2.36

2.81

21.

1.98

2.3"t

2.80

28.

1.96

2.33

2.79

U.

1.96

2.32

2.77

11.

1.97

2.32

2.77

18.

1.97

2.3"*

2.77

25.

1.99

2.36

2.77

l^z-Mxr

2.
9.

16.
23.
29.

Jnna
Apr.

Feb.

Dae.
19>t2.^an.

6.

13.
20.
27.

July

3.

11.

1.98

2.87
2.93

2.35
2.33

56

to

Q
Z
O
CD
UJ

O
Dl
q:

O

U

a:

<

fe

^

s

UJ

<

o

O
1/5

Q

>

GOVERNMENTAL CORPORATIONS AND CREDIT
AGENCIES OF THE UNITED STATES

-57-

U
g
8

..

8

5«

Assets and Liabilities of Governmental Corporations and Credit Agencies
May 31, 1942
(In MlllloaB of dollars)

Interagency aeaete

InTeitaenta
Preferred
capital
tOClQ

Cash

u

eto.

cooperatives
Conmodity Credit Corporetlon
Disaster Loan Corporation

•

196.2

••

l,U3l».3

Bfioks for

22.

99.2
230.5
11.9

Ilectrlc Hone and Tarn Authorltj
Ixport-lDport Bank of WashlD^on
Taro Credit Adalnlstratlon

12.7
192.1
268.9

111.6
258.2

7ara Securlt/ Adainlstratlon
Federal Crop Insurance Corporation
Federal Deposit Insurance Corporation...

537.2
39.7

'•55.9

6il(.3

IA.7

Federal Farm Mortgage Corporation
Federal home loan banks ....,
Federal Housing Adjslnlstratlon

1.393.6

566.5
181.2

Federal intermediate credit banke
Federal land hanks
Federal national Kortga^ Association...

386.
282.5
2,212.2 1.715.3
222.0
215.5

306.

Federal Prison Industries. Incorporated.
Federal Puhlic Housing Authority
Federal Savings and Loan Ineurance
Corporation
••.....

13.3
537.5

135.0

2U.9
2.7

Pauuca Ballroad Company 6/
Production credit corporations
Public Works Administration

"».

BFC Mortgage Company
«...
Baral Electrification AdBdnletratton.. .
Tennessee Valley Authority
•'

Tennessee Valley Associated
Cooperatives Inc
Ifnited Staten Maritime Commission
War corporations 8/
,

War emergency corporations and agencies
(in liquidationj:
Kavy Department ( sale of surplus war
supplies)
Secretary of the Treasury
(U. S. Ballroad Administration).
United States Housing Corporation...
United States Spruce Production
Corporation
.

^

Gross total
Ad.}U8tment to eliminate Interagency
interest s

Het total

167.0

.7

a^nclee

13.1*

1.5
82.8
10.6

a^nolet

.2

.1

8.U

other
aatati

972.2

137.2

.1

8.3
18.0

M9O.I

2U.9
56.3
15.5

1.8
62.9
t3.7

36.0
U3.2

UU.o
200.8

80.0

.1

.1

5.2

31.7
21.7
3U.7

737.2

.7

9.8
26.8
2.1

7.9
.1

6.0

1.3

2.2

15.6

1*8.1*

.1

53.3

1.1
39.6

5.2

.6

5.7

21.5
9.6

.1

52.9

.u

2.3
33.2

7.2

u.u

23.1

3U9.1*
.6

3.3

99.6

2.8

6.^

't.7

127.1*

1.7

7.9
5."*

.5

269.8

2.7
19.7

.u

2.7

60.

Puerto Rico Reconstruction
Administration
Beconstructlon Finance Corporation
Regional agricultural credit
corporatione

33.9

Otlier

Capital
Baal esetock In
locoontt tate and Sne frOTi
OovemOoTemand other other
oental
recelT- buslnesa ental
corporis
corporaables 2/ property
tione and tlone and

.7

365.0

2,586.U 1,692.2

Rome Owners' loan Corporation
Inland Vatervaye Corporation 6/
Interior Department (Indian loane)

s

12. 1»

106.0

^

Other Oovernaental agencies

•7.3
3.2

Seeuritiea
OoTem- guaranteed
mant
•ecurl
b7
ties
United
States
tr.

126.7
90.1

90.1

22.0

t.3

5116.9 1,1*68.3

22.8

U.l

90.5
352.1
529.7

79-5
339.6

.3

.3

1,880.;
1,899.1

27.5
71.7

1.2
379.0

9.0

2.8

.3

.6

12.1*

113.3

2.0
3^.81/

55."*

8.3

1*3.2

32.0 J/

18.1*

.3

12.5

1.8
7.6
7.2

37.9
5.7

3.3

31.8
»9.2

U.8

2,160.7

356.7

6.8

12.1
51.2

2.0

508.6

U.9
1.2

lOl.U

17.0

.1

1,661*.
1.732.1*

3.3

.1

1.9
•

1.3
.3

5

3.053.6

25.3

23,925.l» 8.356.3

19.1*

566.7

732.5

981.1*

106.8

925.9

732.5

832.9

566.7

732.5

981.1*

106.8

925.9

732.5

832.9

•5,81*5.5

18,079.9 8.356.3

(Continiied on next page)

2,981.2

27.6

5,388.8

1*56.7

l*,8l*l|.9

-5,388.8

-U56.7
li,^*l*.9

!*/

6

8

59

Assets and Liabilities of Governmental Corporations and Credit Agencies
May 31, 1942 - (Continued)
(In millions of dollare)

Liabilities and reserres
Llabllltlee
Quaranteed by
United
States
(includes
accrued
Interest)

Total

Bank! for coop«ratlT«8
CoBffiodi^ Credit Corporation
Disaster Loan Corporation

23.«
1.32&.9

Due to

Sot
guaranteed by
United
States

129.2
.3

11.3

11.1

Klectrlc Bome and 7aTi) Authority
Iiport-Iaport lank of Vaihlngton
fftm Credit Adminlatratlon

220.3

3
-3

Tara Security Adnlnistratlon
Tederal Crop Insurance Corporation
Tedaral Deposit Insurance Corporation...

239-7
19-7
325.0

32-g
7.9
5.8

3

1.293-6
116.8
26.7

Tederal Intermediate, credit banks
Tederal land banks
Tederel National Mortgage Association...

299-3
1.771-9
199-6

^

Tederal Prison Industries. Incorporated.
Tederal Public Housing Authority
Tederal Saving* and Loan Insurance
Corporation

Hose Owners * Loan Corporation
Inland Watenrays Corporation 6/
Interior Department (Indian losus)

Panama Railroad Company 6/
Production credit corporatlona
Public Works Administration
Puerto Hlco Reconstruction
Administration
Reconstruction Tinmnce Corporation
Regional agricultural credit
corporations
RTC Mortgage Company
Rural Ilectrlflcatlon Administration. ...
Tennessee Valley Authority

Tennessee Talley Associated
Cooperatlrea, Inc
United States Maritime Commlealon
Var corporations 8/

9't«.2

a.

6.U

llU.T

.5

1.7
2,><32.2

23-9
1.2

lt.2

3-9

5

.1

•

3.962.>t

l.'»95.6

270.91/

-7

•3

6U.9
227.6

2.U

gU.i

23-1

1.078.3
l,gU3.3

996.2
288.6

War emergency corporatlona and agendes
(In ll(5Uld«tlon)l

Navy Department (sale of surplus war
supplies)
Secretary of the Treasury
(C. S. Railroad Administration)....
United States Houelng Corporation....
United States Spruce Production
Corporation

Other GoTemmental agencies

^

Oroes total

Adjustment to eliminate interagency
Interests
Het total

.2

167.U
16.203.6

5.715.1

lt.oUl.7

5.715.1

U.oUl.T

.5,3Bg.S

lO.SlU.g

21.5

350.5

206.8

276.0

116.
5.0

298.6
1.723.0
90.2

1-7

2,U96.0
1.5

Other

•

.6

396-«

Treasury

.U

702.6

3

Tederal farm Mortgaee Corporation
Tederal hos» loan banks
Tederal Housing Adnlnletratlon

QoTemmental
corporations and
agencies

i

3.8

60

Sources of Funds of Certain Governmental Corporations and Credit Agencies
for the First 11 Months, Fiscal Year 1942

Corporatloa or agents

Central lank for

Appropriations
from Ceneral
Fund of the
Treasury 1/

Allocations, rediscounts, and loans from
other goTenusental oorporatlons and credit
agendas (net)

$30,000,000

Coaparatlm

«

l.637.Uit6 2/

CoKodltj ei*Ut Cerporatloa

Sale of obligations In
the market
(net)

Sale of

obligations
to Treasury
(net)

5.181. 336

Sale of stock
to other
agencies

$

22.656.390

$

210,000.000

$

U. 802,

219,900

000

Maastar Lean Corporation
lleetrle Bona and

f&m

-U, 671, 250

Aathorltx

Iiport-lBport Bank of Vaihln«ton
Tateral Deposit Insuranea Corporation
Fedaral

Tan

275,000,000

Mortgage Corporation

-385.523.700
19.89't,750

Tsleral hoaa loan bank*
fadaral latlonal Mortgage Aaiodatloa

l7.3'to.322

189.000.000

8,871.691

redaral Public Roualng iathorlty

-112,099.000

federal Savln^a and Loan Inaurance Corporation.
Hoaa Owners' Loan Corporation

100,000

Reconstruction Tlnance Corporation

Sural Ileetrlf Icatloa Idalnlatratton

-aii9.

507.000

50,996. U06

8.11*9.233

1.30U.395.Z79

War corporations 3/

Sale of other
property
acquired

Corporation or agency

Bepayaent
of loans U/

»-727.10lt,200

2,665.723.196

Interest, dlTldends, assess-

ente, and

Othsr receipts

$5,219,900

Total, sources
of funds

property Incoae

Centrel Bank for CooperatiTes

62.952, 356
$

5.000,000

$l,UiU,275,o66

»H«,65S,370

Total

CoiBodlty Credit Corporation

1.991.723.196

13.605.333

RTC Mortgage Coapany

$

788.835

$

358.086

»

99.500.51'*

870.298.201

260.163, 15t

10.U57,893

1.98U,8llt

1.381.999.897

29.328

7.988, 372

"•15.962

18lt,003

8.617.665

1.190.957

Ul,701

Disaster Loan Corporation
llectric Hone and farm Authority

lO.lilO, 506

Ixport-Ivport Bank of Washington

6U;687, 131

6,290.U5e

yederal Deposit Inaurance Corporation

25.825. 9'U

62.2U1.513

2.758.053

90.825.507

85.561, 105

61.957.550

3.338.623

'•7.'*'*6,591

federal Fans Mortgage Corporation

7.113.013

federal hoae loan banks
907. lUa

fedaral Katlonal Mortgage Association
federal Public Housing Authority

'

Loan Corporation

Beconstruetion flnanes Corporation
RfC Mortgage Coapeny

^

Sourcel
1/

2/

lli7.56l*,629

5.056.022

15.250, UltO

8.978.329

1*51,150

139. "tu, 582

18.687.lt28

1.087.511

6.728.755

96.993

6,825,7'*7

'12.

927. 382

21*11,959.212

.2U«
179.890.;

97.12'».078

3.669.336

32U,501.630

3.998.920

302,278,.29'*

Tl,620,iU7

35.825.388

2,156.038,9'*5

178.086

16. 808.,"•32

2.859.35''

1.228.073

3U, 679. 276

'1,827,.515

5.''23.3''9

21

69,396.525

703.1
.833

1.570.789

156.913.051

1.7'*9.8'*l.'i«o

299.372.766

$361, 391. 1*19

$207,936,803

$6.l*83.07'*.50l»

281,258.528
$1,207,601,187

To tal

70.977. 5«9

817. 969

'13.

Rural Ileotrlf Icatloa Adalalatratloa

Var corporations

971. 91 It

122.613, 857

federal Savings and Loan Insurance Corporation..

Hoae Ovners

6,

Beports received froa the corporations and agencies.
Items in this column are the only ones In this statsment which
They repreconstitute a charge against the federal Budget.
sent aaounts of funds drawn against available appropriations.
Represents capital inpairiDent applicable to fiscal year 191*1
Actual payaent of
but not appropriated until July 3. 19l*l.
funds to the Corporation made by the Secretary of the
Treasury in the aonth of September 19l*l.

»1.

i/

CoBprls0i Defease Boaee Corporation, Defenae Plant Corporation,
Defense Siipplles Corporation, Metals Beserre Coapany, Rubber
Reserve Coapanjr, and tTnlted States CoDnDercl&l Company.
BaeelptB from the sale of property acquired In liquidation of
loans are shown as "Sale of other property acqiiired'.

61

UseB of Funds of Certain Governmental Corporations and Credit Agencies
for the First 11 Months, Fiscal Year 1942

Corporation or acaooy

62

Sources of Funds of Certain Governmental Corporations and Credit Agencies
from Inception of Organization through May 31, 1942

Corporation or agency

63

Uses of Funds of Certain Governinental Corporations and Credit Agencies
from Inception of Organization through May 31, 1042

Corporation or ag%nej

5

. .

61^

Principal of Outstanding Interest-Bearing Obligations Guaranteed by the United Statesl/
(In nlUlono of dolUri)

bd

of flaeal
76ar or aonth

193^.
1935.
1938.
1937.
193«.
1939.

Total

Oonodltj

ujniaturod

Crodlt
Corporation
not*!

obligations
outotandlng

radaral fUB
Kort(a«o
Corporation
bonds

i,a9.3

U4.2

1,269.U

nM

2,U0g.9

1,741.4

226.3

907.0
905.3
905.3

1,269.4

16.7
16.9
17.6

2,M08.9
2,408.9

2,101.4
2,101.5
2,101.5

226.3
226.3
226.3

6,989.5
6,316.1
6.316.6

905.3
701.1
701.1

1.269.!)

18.2
20.9
21.5

2,408.9
2,408.9
2.408.9

2,101.5
1,801.6
1,801.6

226.3
114.2
114.2

5.672.8
5.673.2
5,666.2

701.1
701.1
701.1

937.0
937.1
929.8

20.2

20.8

2.408.9
2.408.9
2,408.9

1.491.
1.491.
1.491.

114.2
114.2

5.666.5
5,666.8
U.5U8.5

701.1
701.1
701.1

929.8
929.8
929.8

21.0
21.4
21.5

2,408.9
2,408.9
1,562.8

1.491,
1.491.

2.W7.3

l,>t22.2

3,0U1«.2

1,U22.2
l,>t09.8

19U2.

6.359.6
U. 568.5

19UiWans.

6.359.6

696.3

Jal7
August ....
Septenbor

6.929.6
6,928.2
6.928.9

Oatobor.
B0T«ab«r.
Otc labor.

19U2-J«BaU7..

WW.

Juno*.

Soureoi
1/

Housing
Authority
notoo

1.562.8

311.6
1,225.6

206.2
206.2
U06.8
696.3
701.1

U.852.7
S.USO.O

Ita,...

Corporation
notoo

IMaral Pnblle

a.

680.7
122.7
718.0

U.66I4.6

Iprll.

I3l».3

fiaooBstzuotion
Tlnanoo

2,>I08.9

It,

Tobruar/.
March

Bono Ovnoro*
Loan Corporation bonds

234.8
249.8
251.6
255.2
298.9
819.7
1,096.4
1,741.4

>t,

19 Ul.

Todaral
Honslnc
Adalnlstratloa
dobonturot

.1
.6

2.6
1.269.U
929.8

1,269.11

1,269.U

1,269.U
1.269.U

^•?
I7.U

20.1»

2,987.1
2,937.2
2,927.9
2.603.6

2,>K)8.9

i.a9.3

Ikil7 Troasnir Statoasnts.

bolndas obligations sold dlrootly

to tha

trsasuj.

Market Financing Operations Conducted by the Treasury for Agencies Issuing

Securities Guaranteed by the United States

U4.i
114.?
226.3

U4.2

U4.2
114.2
114.2

INTERNAL

REVENUE

-65-

STATISTICS

.
.

.

)

66

Summary of Internal Revenue Collections-^
(in thoTUandi of dollar*)

XncoBs and profits taxee

XmploTnant taxaa
Social Securltgr taxes U/

riBcal j*al
or month

Total

Individual

2.331.27U
2.U10,?59

1929
1930
1931
193?
1933

2.939.05U
2,U2B,229
1.557,729
1,619.839

l.SfiO.OUo

193'»

2,672.239
3.281,792

819. 656

1.105.788

3.''9lt.330

l,U27,Ult5

U,63U,30g

2,179,828
2,629,016

3.0liO,lUfi

1935
1936
1937
1938

5.6l»3.83'»

1939
19i«
19U1
191)2

19Ul^une
Jal7
lugust....
Septsaber.
October. ..
HoToaber..
Deceaber.

Carriers'
Taxing let
of 1937

39lt,21«

'19,599
527.113
6TU,l»l6
l,091,7'»l

1,286.312

397.516
572.115
738.520
1,056,909
1,299,918

2,631
6,560
1U.509
31.178
U2,786

'W
265,7')5
7't2.660

207.339
502,917

58.119
90.267

l'^9,'»76

1.122.531
1,120.579
2.016,295

7't0.1t29
33.7'W
27,010
833,521
37,172r
925.856
56,621 1,185,36a

529.835
605,350
687,327
895.336

101. 167
106, 123

109, U27
122, Ol«

100,658
119,617

170, '•09

287

8,006,880

U,687,>»59

1.110,063

gl47.8lU

311.899

531,898

'•,017

12.597

3.158

806

8,633

••59.587

80.573
58.398
776.725

20.553
15,68U
277,383

57.801

100,065
138.516
16. 75'*

95.612
109,268
3,20U

3,726
5,761
888

23, '«7

'•92.215

2,219
2,08U
7,127

72.755
65,600
768,971

13,352
15,26?

58.109
'«,197

106,308

101,689

lli5,2U9

ll'»,'»37

2U8,>m

5l't,159

1.29U
I.13U
6,368

3,831
5,189
723

788
25,623
13.638

1U2,618
337.101
3.073,000

56,72U
229,353
l,U6g.071

83.365

129, 50U

97,010

30,851

198,900
27.980

12'»,331

53.55'»

1,593,907

2,529
2,100
U.>»22

1.513

1,692

I.6U3
21.015
2U.775

295.111
20U,578
2.131,U52

171,318
19,523
727.125

121. 0U7

2.7'^6

6,718
10,879

102,359
139,170
3.358

>».970

178.337
1.393.'A8

108.218
167.739
28.383

3,l»71,122r

U72,3ll
1,051.580
588.533
57l,62it

1.138.288

Yobniarx.
March. . . .

859.750
3.'>55,803

696,855
6119. 12U

Masr

^

ftderal
7ederfil
Insnranca
DnOBploynent
Contributions
Tax let
let (Old-age (Unenplojaent
Insurance
insurance]

1,028,83U
982,017
1,U17,655
3,262,800

2,185.105
2,129,606

6112,271

2.uiai,iee

June

Total

1,235.733
l,263.UiU
1,026.392
629.566

U27.191
352.573

7W.791

5.162.355
5.322.768
7.351,531
13,029,912

19U2^anuar7. .

Iprll

1.095, 5'H
1,1U6,8U5
833. 6U«

1.056,757

Miaeollanaooa
profits
tazei

Corporation,
incono and
ezcaaa
profit! 2/

Total

W,630

1O5.0W

3,385

7.286
l,ll*5

137,,871

727

12,662

889
21.283
23,880

Mlaeallaneoas Internal revenoa
fiscal year
or Bonth

Capital
stock
tax

letats
and
taxai

607. 780

1929.
1930.
1931.
1932.
1933-

568. 189

193'».

i.itsi.ieo

61.897
6U,770

629.887

"•8,078
1»7,1«2
3>».310

500.972
873.0118

igito.

wltl.
19'«.

1*10.926
505.2't3

2.188,735
2,272.158

137. "499

305. 5l«
Ul6,87'»

2.236.821
2.359.6UI

127,203
132.739
166,653
281,900

21*9,672
278,91*9

lll«

3.837,670

July
lugtist.

.

.

Septesber.

17U

378.8ltO

2,95'',553r

19Ul^une.

8.701*
1*3.

113,138
212.112

2.00'»,5lU

1939.

12.777
11.695
10,U32

80,168
91,508
9U.9U3

l,6U9.782

1935.
1936.
1937.
1938.

NanufacAlcoholic
b*Tarae«
taxes

275.397
258.101

258,911

Tobaooo
taxai

U3l»,lllt5

>«o,339

Staop
taxes

61*. 173
77.729

turars' and
retailers'
axel a*
taxes

166
3UU
138

„.

,
~""1-

laneoos
taxes

5/
31*, 322
25.010
18.310
IU.O26

277

l*6.95"»

398.579
So2.739

57.578

2U7.75I

87,1*96

66.580

390.038

11*7.156

371. "123

"•3.133

3"t2.275

526,222
62.323

1*1*1*,

"•25.169
"•58.776

32.2'*l

68,990
69,919

379, 51*0

91,052
76,172

593;831
567.670

500.786
551,923
567,777

1*1*9,85'*

80, 161

"•6,233

1*16. 75"»

117,501

360.715
360,071
1107, 058

587,605

579,781*

"•1.083

396,891

62U,o6it

38,681
39,057

'*l*7,088

11*8.926

1.01*8,165

1*1.702

6l7.373r
852,069

206.831r

l»32.5'ii

608,072
697,712
780,792

250

30.599

80,952

66,1*1*6

3.378

51,391

16.656

11,803
3,797
5,08U

29,980
22,636

66,327

3.06"»

63,7"*3

17,699
22,57"*

20, 8110

86,333
85,8U7
86.727

819,369

11*3,51*0

1*00.501

6l*,ol*lt

3.975

72.52U

67.760

3,79'»

5'*.32«

19.568

91,516
90.2U6
93,056

71.301*

62,156
58.302

3,563
3,239
3,873

60.219
72,015
92.750

20,088
25.608
29.768

October...
HoTeabar.
Deceaber.

1)09. 1*70

360,775
351.571

76.105
50,235

32,632
31. iK*
23.587

19>»2-Janusr7...
Tebroary.

370.1I19

2.723
616
35?

36.957
35.68U
105.317

100,623
77,653
8"*, 657

69.581
59.606
61,601

5,328
3.222
2,796

102,518
80,900
63,652

52,1*19

291

1*3,090

81.1*27

62,866

25.087
25,321

70,008
63.025
56,369

32,685
35.58U

86,ooU

3,159
2.95I
2.735

323.7'i9

March

351*.

Iprll.
May...
June..

293.526
276.807
281*, 351

Sourcei

r
1/

2/

823

130.

Beports of oollectlona.
Berised.
Ixcludes collections for oredit to certain trust accounts for territories and insular possessions, etc.
(except for the fiscal years I929 through 193"*, «ben
thsy aggregated less than $1 Billion a year).
Kxcess profits tax imposed under the 3«oond BaieDua
let of 191*0. as aaended.

Agricultural
adjustment
^axes

81*. 071*

?i:2l

£C,oSs

36,««

1*2,212

2/

Conaista of the declared Talne excess profits tax, the profit
Halting proTisions of tho Vinson Act, and the tax on unjust

U/

for the period prior to Septeaber 1939 the data in the eoluana
entitled federal Insurance Contributions let and federal TTn.
aaployiient Tax let repreeent colleetiona under Titles Till
and U. respectively, of the Social Security let.
Includes tax eollactlona under the Sugar let of 1937 and under
the dlTldanda tax laposed by the let of June 16, 1933.

enrlcfanent

^

1
67

COLLECTIONS OF INTERNAL REVENUE
years

Fiscal

1929

to

1942

DOLLARS

DOLLARS

Billions

Billions

12

12

10

10

1 1 1
1929

30

31

mi
'32

'33

By

'34

1 1 1 1 1 1 1
'35

'36

Principal

'37

'38

'39

'40

'41

'42

Sources

DOLLARS
Billions

Individual

1929

'31

lncom«

'33

'35

'37

33

'39

* tncludu* mitca/Jontou* profit* ta**9

'35

'37

'39

t

1

68

Detailed Analysis of Current Internal Revenue Ck)llection8l/
Complete Fiscal Year
(In ttaaniaadi of dollari)

Piscal Tear

Yiscal Tear
June

June
ijie

8«Tirc«i of r«T«iin*

Sources of reramia
I9U1

Ineone and profits tazaal
IndlTldual
Current
leek

103.389

15^.795

Corporation

766.W

1,6U9,025 2,763,978
'•3,672
202,961
305,292

ciir rant

Saok
Xzoaai profits tax (Sacond Bavanua Act
of I9UO aa aaandad)

MiBcollanaooa profits taxes
Dsolarad raloa
Vinson Act

5«3,579

.........i

Uujnst enrlclnent..

,

Total ittcoaa and profits taxes

10.803

76

16U.309 1,618,189
25,919
2,157

9.096

51.237
982

k.koz

2.131.1152 3.U7l,122 8,006,880

Itaployasnt taxes t

Social Security tazest
fsderal Insurance Contributione Act
(01d^.a^ insurance)
federal UnsaploTvent Tax Act (UnsBplojsent insurance)
lotal Social Security taxes

3,35«

687,327

895,336

l,lU5

100,658

119.617

".503

787.985 l,0l'»,953

Carriers' laxlnc Act of 1937

23,880

137.871

Total saployaent taxes. •

28.383

925,856 1,185,362

Mlscsllaneous internal roTanuai
Capital atock tax

(state tax

Sift tax

2ei»

166.653

170, '409

281.900

2U.6U5

355. 19"*

3^.323

676

5i,eeit

92.218

Stamp taxee
Bonds, issues of capital stocks, deede
of oonTSyance, etc
Transfers of capital stock and slailar
intsrest sales
Playing cards
Silver bullion sales or transfsrs
Bepealed taxes not listed aboTe

Total staap taxes.
Manufaotursrs' and retailers' axoise taxes:
Ixibrloating oils
Oasolino
Tlroe and tubes
....,
..,
Tloor taxes on tlree and tubes
trucks
and
buses
Autoaobile
Other autoBoblles and aotoroyclas
Parts and accessories for autoBobiles
Xlectrioal energy
Slectrlc. gas, and oil applianoss
Sleotrlo light bulbs and tubas
Xlectrla signs
Badio sets, phonographs, components, etc.,
Phonograph records.
Musical instruments...
Mechanical refrigeratore. airconditioners, etc
Matobss
yieor taxee on matcbas
....,
Business and stors machines
IfnrM ~ retailers' excise
Jewelry- retailera' excise
I«««age
Optical equlpaent
....••••.
Fho tographlc apparatus
Bubber artlclss
•••..
Sporting goods
..,
Toilet preparations . retailers' excise..,
Washing machines
•
Pireans. shells and cartridges
Pistols and rerolTars
Bapsaled taxes not listed aboTO
,

Alcoholic bSTera^e tazeel
Distilled spirits (izported, excise)...
Dlstlllsd spirits (doao tic, excise)...
Distilled spirits r«:tlf Icatlon tax....
Vines, cordials, etc. (imported, exciee)
Wines, cordials, etc. (doaestic, excise)
Brandy uesd for fortifying sveet vlnae
(Bapaaled as of Jnly 1, 19^))
Dealare in distilled epiritei raotlfiers; Muinfaoturars of stills
( special
taxee)
Staaps for distilled spirits intended
for export..
Case staaps for dlstlllsd spirits
bottlod in tend
Container staaps
floor taxee
feraented aalt liquore
Brewers; dealers in salt lienors
(special taxes)

Total aloohello bavara^ taxes.

Tobacco taxee
Cl^rs (large)
Cigars (saall)
Cigarettes (large)
Cigarettes (sstfll)
Snuff
^baoco (ohevlng and saoklag).
Cigaretts papers and tubes.,,.
Leaf dsalsr penalties, etc....
Cigaratto floor taxee

Total tobacco taxes.

Reports of collsotions.
Less than I50O.

2.6i»3

3U.890
393,572

538. "tss

13='*57

17.22lt

378
II.0U5

332
23.65'*

1.396

1.250

l.S^

7.972

7.578

71

1,039
10,123

39.080
1,171
17
1,850

35.765

1

786
1.689
36,218
ewt

86,0OU

1,251
7

1,110
11,198

25,3011

'•1,911

316,737

366,159

3.955

3.'*98

819,869 1. Cits, 165

13,037
llU

lit.

1962

19'll

715."^ l,3lU,266 3.108,005
11,635

19112

19'»2

188
lOU

Total manufacturers' and retailers*
exciee taxes

Miscellaneous taxasi
Bituminous Coal Act of 1937
Sugar Act of 1937
Tel4]^ne, telegraph, radio and oabla.
leased wires, etc
Local telephone serrlce
Transportation of oil by pipe Una
Transportation of persons, seate,
berths, etc. (effoctlTS 10/10/'»1)
Use of motor TOhlcles (effectlTe 2/l/'<2).,
Use of boats (effectWe 2/l/l«2)
Leases of safe-deposit boxss
.,
Admissions to thsaters. concerts.
cabcu^ts, sto
Club dues snd Initiation feae
Bowling alleys, pool tablss. stc
Coin operated daTlces
Adulterated and processed or renovated
butter, mixed flour and filled cheese...
Oleomargarine, inoludiog special taxes...,
Barcotics, Inolnding marihuana and
special taxes
.,
Coconut and other regetable oila
processed
national Pireazma Act
All other, including repealed taxes
not listsd above

1,697

22,073

22,876

601

12,176

13.028

1132

'1.757

5

51

2,735

39.057

'11,702

3,353
26,782
261

38,221
363.021

369,587

51,05't

56,8lt2

19

IO.7U7
2110

2,361
,562
,732

81. '102
13,08't
117,021

U52
12I1

,621

6.935

75
2ll5

828
520
2
738
896
It, 912
^56
86
882
2. It 72
588
2,077
22
Moo
6
18

13.279
95

U6,li32

7,969
18,361
77,172
28,088
69,978
17,702
3.102
779
ig.iiA
968
2,325
I6.2lt6

5.227
1.703
6.972
19,7611

61,501
2,8311

5.536

659
6,018
21.565
3,687
18,922
166
5.072

85
6.767

3,6110

56,369

617,373

852,069

137
't.711

'1,386
7't.S35

5,679
68.230

'1,15?

27,331

"18,231

3,206
1,053

12,1180

26,791
13,675

2.216

21,379
72,625
228
3.663

3,837
10.153
139
362
11,550
667
283
710

2
12ll

70,963
6.583

8ll

115.032
6,792
1,698
6.1*85

2
327

2,122

2.26't

237

690

7t5

235
8

5,163
16

7,161
20

138

30

1

12

65.012

616.7'*
6.900

16

191

168

I.U31
12

52,139
1,961
6

Total miscellaBaoua taxes..........

'12,212

206,831

1100,501

'•.53'»

5

Total miscellaneous internal revenue.

2*1,351

2,956,553

3.837,670

71. 'A6

697.712

780,792 total internal revenu*

2,Wt.l86

7,351,531 13,029,912

Kxcludss collectlone for credit to certain trust accounts for
territories and insular possessions, sto.

GOLD

AND

SILVER

-69

STATISTICS

3

..
.

.

70
Gold Assets and Liabilities of the Treasury
(Is

lUlaaa

ot

loUan)
LlaMlltlM

Gold

lad sf aalaidar
j9mT or aoath

AmMta

W

8.238.6
10.122.9
11.257.6
12, 760.0
lU. 511.2

1935
1936
1937
1938
1939
19'to

IT.ftj.li
zi.99'*.5

19'n

22.736.1

imfm

QoXd
agalBlt

Gold Cartlfle*t«i 1/

IT.

StaMllutlos

8.

And

notaa, ote. 2/

5.27'>.0

7.679.5
8.959-6
9.212.3
11.872.8
15.278.6
19.825.U
20,564.8

2/

Sold In
0«a«r«l yand

156.0
156.0
156.0
156.0
156.0
156.0
156.0
156.0

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

.591.6
682. >i

,008.6
li«7.1t

3''1-?

>I08.9

213.2
215.3

19Ul-Jaiw

22.62U.1

20,38U.5

156.0

1,800.0

2«3-5

Jnlj

22,67l».U

20,379-7

3«pt«ab«r.

22.718-7
22,760.5

20,52^.6

156.0
156.0
156.0

,800.0

20.3j6.li

,800.0

338.6
386.2
281.9

October.
NoTostwr.
D90*Bb«r.

22.799-5
22. 78U.9
22.736.1

20,633.2
20,623.9
20,56U.8

156.0
156.0
156.0

,800.0
,800.0
,800.0

210.2
199.0
215-3

22.7116.9
22.70lt.5

20,59U.o
20,575.5
20.555-0

156.0
156.0
156.0

,800.0
,800.0
,800.0

196.9
173-0
176.U

20,569-3
20.581.3
20.625.3

156.0
156.0
156.0

1,800.0
1,800.0
1.800.0

165.0
177.1
155.2

.

To^tmarj.
Nsroh

22.687.6

i^rll

22,690.2

HW

22,711t.l»

JODO
Soorooi
1/

22.736.5
Dally Troasury Statanonto.
Coaprliaa Cl) gold oortlfloataa bald hy tha pabllo and in Tadaral
Baaarra Bankas and (2) gold cartlfloata oradlta In (a) tha Oold
Oartlflcata Pond - Board of OoTamort, Tedaral Baoarra Sjatan,
and (b) tha Radaaptlon Tond - Tadaral Baaarra notaa.

800.0

2/

Baaarra a^alnat Unltad Stataa notaa and Traaioir
notaa of 1890.

2/

bslndaa gold In aotlra portion of Stahllliatlon road.

Monetary Stocks of Gold and Silver
.

(In lllloaa of dollara)

Ind of flaool
TOar or aonth

Sold

fi

(»35
flna onnco)

Batio of
ailvar to gold
and ailTor In
onatar7 atocka

Sllrar
(1.29't- par

flna owtca)

«98.2

7.856.2
9.115.6

1,1163.1

IO.6O8.I1

2.2U9.5
2.5'12.1
3.O66.I1

igltf-

12,318.3
12,963.0
16,110.1
19,963.1
22,62U.2
22.736.5 P

19111 -Jna.

22.62U.2

ll,lll8.7

15.5

July
Aogaat.
Baptaahar.

22.67U.7
22,719.'!

11,167.9
ll,188.1

22,760.9

ll,

15.5
15.615.6

Octohar.
loToabar.
Daeashar.

22,799 7
22.785.3
22,736.6

11,221.5
•1.232.7

193't.

19351936193719381939-

WW.

.

.

.

I9'i2-Jaauar7.

3.605.2

18.

i'.iia'.j

16.5
15.5
15.9 P

••.296.5

22,7'17.2

•t.

22,70U.8

Nareh

22,687.11

11.267.5
11.277.8

ijprll.

22,690.8

•t.289.2

May...
Jnna.

22.7l'l.'l

II.3OI.3
•1.296.5

P

Prallalnary.

22.736.5 p

Circulation Stataoant of Unltad Stataa Nona/.

15.6
15.7
15-7

U,2!tll.«

.

Dalljr Vraasury Statama&t and

P

207.1

Vahmaxj.

80 area I

10.3
13.8
17.5
17.2
19.1

15.8
15.8
15.9

257.1

P

15-9
15.9
15.9 p

71

(/>

..
.

U
7

.

7

«

U

U

72

Components of Silver Monetary Stock
(In BllllonB of dollar*)

Silver held In Treaeury

Ind of calendAT
j*BT or aottth

Seeorlne ellrer
certlflcatee 1/
SllTer bullion

193^.
19351936.
1937.
19381939-

SllTer outaida

SllTer dollara

Bullion for
recoltta^ Zj

Subaldlaiy
coin 2/

ni.e

508.

1*.2

8.8

576.9
775.9
938.8
137.6
298.2

508.

U.2
5.7
5.K
3.5
5-3
2.3
3.5

.2
.3

Total ellTer
at $1.29
per ounce

Tr«a8iiT7

In Oeneral Tond

Bullion
at cost

SllTer
dollar! 1/

89.3
262.7
3U7.7

Subsldlarr
coin 2/

35.2
38. U

305.3
323.5

1.279.7
1.970.1

1*1.3

350.1*

2,1*02.3

366.9
372.8

2,806.5

S:2

19'K).
19'tl.

l,i'76.1

505.7
503.7
502.7
U99.O
U9U.6
UsU.l

19U1.JUO*.

l.'*35.9

U92.0

U.l

665.2

55.1

1*1*3.2

U.1U8.7

Jul7

1,1*3.5
I.U51.3

665.1*

i*,l67.9

666.9
667.5

U56.6

U,

3.U

56.3
57.5
58.6

1*50.0

5.1

l.'»59.3

U90.7
U«9.6
U88.U

5.1*

S«pt«Bb«r.

1*65.7

1»,

188.1
207.1

October.
NoTombor.
December.

l.UiJ.b
I.U7O.3

7.0
2.9
3-5

66U.3
663.6
662.3

59.7
61.7
63.0

47U.9

*,

221.5

1*85.7

1(,212.7

1*93.5

l*,2W.8

663.0
663.8

63.2

1*93.5

i*,257.1

661*. 2

6u!l*

U9U.1
U96.9

'•.267.5

1*82.7

8.0
10.8
11-9

663.9
662.5
660.3

65.1*

501.5
509.7
509.7

1*,289.2

1.3981

U85.U
U84.1

l.'*76.1

U83.9
U83.U

l.'»81.7

19'42-JaiiuU7.

February.
March

i,Ue6.2
i,U9i.i

April.,

i.'*96.9

U81.6

13.U

kajr....

1.502.7
I.505.S

1*80.2
1*78.8

w.o

June p.

it28.6

535.3
616.0

13."*

I>ail7 Treaiur7 Statameat and Olrculation Statement of
United States Money.

1/

2/

3,11*6.8

i*«.i

39l*.l

3,790.2

657.lt

52.5

1*22.1*

'*,o6o.o

662.3

63.0

1*93.5

U,2UU.8

66.9
66.9

U,277.8

1*.
1*,

301.3
296.5

Valued at $1.29-^ per ounce.
Tallied at 11.38+ per ounoa.

PrelijDloary.

Silver of Specified Classifications Acquired by Mints and Assay Offices
(In Billions of ounces or dollara)

Ie«l7 Blnad doBoetle 1/
Calendar jaar
or Bonth

Collars

zi.e
}e.o
61.1
70.6
61.6
60.7
68.3
70.5

193't.

1935.
1936.
19371938.
193919'io.
191*1.

19Ul-Ana.

foreign

Batlonallied 2/
Ounces

lU.l
27.3

110.6
2.0

55.3
1.0

172.5

1*7.3

.U

.2

271.9
2U1.5

51*.

6

l*9U.i*

1*2.2

355-

1*0.1

50.1

282.8
139.8
72.6

3.1

6.1

1*8.5

^
Dollars

Sollare

Dollars

86.5
318.2
150.3

30U.9

108.

312.2

156.9
120.5
50.9
27.1

I1I7.I

155.9

53>*.3

3'!6.5

333.'»

197.8
163.3
199.1
160.6

3U3.3
208.0
1U3.I

99.

77.2

2-3

10.

5.U

7.8
8.1
8.0

fair
infust..
Saptaabsr.

6.5
6,7
7.2

U.6
U.g
5.1

8.6
8.7
7.6

3-2
3.3
2.9

15.1
15.U
1U.8

October.

U.6

3-2

l*.5

Deoaaber.

5.8

6.5
U.i
3.7

2.6
1.6
1.5

U.I

oTaBber.

8.6
9.5

5.6

191*2- Januargr.-

6.0

TabruaiT.
Ihreh....

l'.7

II

l.U
l.U
1.2

9.3
8.1
7.9

I'X
u.g

l.U

9.6
8,7
U.O

5.9
5.7
2.8

.

April.
Ni7...
Jona..
1/

5.1

6.U
7.0
it.o

i-x
"•?
3.6

2.8

i*.5

3-2
1.7

5.0
2.8

Acquired at 6U.9*« cents per fine ounce until i^ril 9, 1935i at
71.11+ cents par fine ounce frea that date until April 23, 1935l
at 77.57* cants froa April 23, 1935 to Deoaaber 31, 19371 at
6U,9** cants par fine ounce froa Deoaaber 31, 1937 to Jul; 1,
19391 aad at 71.11+ eants sUce Jul; 1, 1939.

2/
2/

.7

SxeeutlTe ProclaaaAeiiulrad at 50.01 cents per fine ounce.
tion of Auguat 9, I93U, repealed April 28, 1938.
Ac(iulr*d at Tarlous prices aT«ra<ing approzlaatelr 51 cents

per ounce.

1
g

g
6

. .

g

73

Seigniorage on Silver
(CuBulatlTS from January

193^ - la millions of dollars)

1,

Potential
seigniorage en
silver bullion

Sources of seigniorage on sllrar bullion roTalued 1/

Seignlora^
Snd of calendar
year or month

on allrer
and minor
coins

HI so. sllTsr
(inol. ailTer

bullion held
June lU, I93U)

U.5
18.5

193^
1935
193S
1937
1938
1939

Ug.7
Ug.T

63.7
69.5
91.7
122.2
182.1

igUi

March....

188.5
192.5
195.3

April....

198.0

Majr

20lt.O

yebmary.

Jxtne

Sails:
1/

. .

. .

Ug.7
Ug.7
U8.7
Ug.T
Ug.7
"tg.7

Ug.7
Ug.7
Ug.7
U8.7

Silver Purchase Act
of June 19.
193^

Nationalised

liver
(Proc. of
Au«. 9. 193^)

Total
seigniorage
on silver
revalued

at cost In
General Fund

1/

132.6
27U.9

28.5
3U.5
3U.7
3U.7
3U.7
3U.7
3U.7
3U.7

128.7
326.2

616.0
705.6
759 •'»
799.7

758.8
950.6
1.055.
1.089.0

36.0
58.0
7U.9
87.3
g7.6
g7.6

U.2
25-7
Ug.3

51.1
226.2
302.7
366.7
U57.7
530.7
562.7
5«0.U

g7.6
g7.6
87.6

50.2
51.6
53.3

581.3
5g2.1
582.9

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

J02.5
80U.7
807.2

1,09U.2
1.096.3
1.097.8

87.

55.3
57.5
58.9

583.8
5«U.3
58U.3

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

810.1

1.096.5
1.097.5
1.095.5

2/

Tfaa figujree

16.

118.7

209.2

*

.U

1*8.7

It6.l

19m

Hewly-mined
Nevl7--iiilned
ellTer (Proc.
silver ikat
Deo. 21. 1933) July 6. 1939)

87.6
87.6

Dallj Treaenry Statettent..
TtMM iteme rapresent the dlffaranca iMtman tba coat Talua and
the B0Batax7 ralua of atlTor tonllloB ravBload and hold to aoeiire
llvar cartlflcataa.

1122.1

508.

812.

glU.2

la this oolun ara not evavlatlTO; aa
tha aaoiut of bnllleB hold ohaa^a, tha potantlal

aalgnlora^ tharaon chan^a.

Silver Production, by Leading Countries
(In thonaanda of flna ooncao)

Aaarlean conntrlaa
Calendar year
or Bonth

All other countries 1/

total
for

Oalted
Stataa

vorld

Mexico

Peru

Other

6.761
10,381
17.U33
19,901
l6,99U
20,U2U
18,802
19,000
17,0005/

10,819
10,091
12,788
16.539
15,708
15,869
17,U97
16.925

UU.261
U5.730
51.538
56,858
61,725
6U,939
6U,683
6U,292
6l,U6l5/

68,101
7U,lU5

63,351
71.299
61,689
63,872
67,013
69,l2g

22.39U
20.359
23.21U

5.8U3
6.U65
5,0U7

l,UgU
1,902
2,058

7,152
3.769
g,062

1,300
1,600
i.uoo

1.301
1,282
1.333

5.31U
5.3U1
5.31U

22,763
22,607
21,808

6,310
6.277
5,620

1.852
1.660
1.625

6,726
6,878
6,9UU

1,200
1,100
1,100

1.35U
1.370
1.387

5,3a

Saptenher
Octobor.
HoTenber
December

20,U7U
18,352
21,196

5.087
U.631
5,661

l,6Uo
1,681
1,722

U',U29

1,200
1,000
1.500

1,UU2
l.Ug6
1,6U0

5.132
5.125
5.125

21,36g
20,36lr
a, 657

U,8UU
U.U70
5.285

1,538
l.U7g
1,606

7,U71
7.213r

1,300
l,000r
l,300r

1.590
1,580
1.635

U,625
U,620
U,620

6/

5,606

1,613

6/

26U.5535/

igUl-Aprll.
May...
June..

July
Aiaguat ....

19U2-Jan'aary.

February.
March. . .

April.
Sonrcat

r
1/

1*5,613

Inrope

Total

Oceania

2/

16.395
17,565
17,7U3
19,591
2U,131
23,826
2U,53g
23,gl6
20,3Uo

169.159
190.398
220, 70U
253.696
27U.53S
267.765
265,262
273, 68U

1933.
I93U.
1935.
1936.
1937.
1938.
1939.
19UO.
19U1.

22,g21
32,Ug7

Canada

8U,6gl
81,019
75.871
82,638
78,362

5.5U8

7.ZU

18,2625/

1,200

Innnal Beporta of tha Mraotor of tha Mint for annual flgnraa
throu^ 1939: ralaaaea of Aaerlcan Bureau of Metal Statlotlea
for all later flgorea.
Berliod.
Breakdown by countries not arallabla after 1939*

lU,769
lU,89l
17,19?
19,70U
21,053
22,7U7
21,22U

11.553
11,257
12,U3U
13,19U
lU,903
I5.0U3
I5.U17

2/

Brltlah
India U/

6,680
7.863
9.706
11,670
12,U51
13.115
1U.015

6,080
5,818
5,850
5.977
6,205
5.9U7
5.9U3

Jaa>aa

Other

1,103
1.179
1.219
1.733
1,913
2,1*51

2,670

5.322
5.132

6/

6/

I

Afrle*

Ail a

Xaelndes Bewfoundland.
Inolndss Chosen and Taiwan.
Includes fiorma.
Revised a»""tT total not allocated aonthly.
lot yet reported.

U,076
U,722
5,130
U,58D
5,200
5.636
5.U1U

^

OTHER

TREASURY

_74_

STATISTICS

w

.

75

Balance Sheet of the Exchange Stabilization Fund
As of June 30, 1941 and March 31, 1942

Ama

Cash:
Traasortfr of the U. 8., fold
Traaaurar of tha U. S,. diaoldn^ aeooont
Taderal Beierra Bank of lav York, tpadal aeoooBt...

$1,800,000,000.00
1,5«1. 892.07
106,896, 31^.g>»

Dlilmralng offloera' balaaoaa and advaaoa aooooatt..

l6,OW.B5

Total oaah.

30, 19>tl

Marob 31,

19>I2

$1,800,000,000.00
1,519.005.53
156, 193, 279.

12,885.13
tl,908.>i9U,292.76

$1,957,725,170.10

Qold parohasad from Union of SoTlat Soolaliit Bapahlloa - 9Ul,053.35>« oia. (agraamant Oototar 10, IjUl
and January 3, 19l»2)

32, 936,871*. Mo

Special acconntB of Saoretaxy of the Treaaury in
Federal Baaerve Bank of Haw Torki
Special account Ho. 1, gold (Schednla 1)

88,918, 9U8. 78

11.655.033. 3U

Dae froB foreign ^anka (foreign exohanga)i

Trance
Belgss
Sterling
Central Bank of China

(

17.88
505.06
2,980.05
19.117.998.12

eeoorad dapoalta) l/....

Total due from foreign hanka

17.88
505.06
2,980.05
19, 191, 92'*. 17

,.

19.121,501.11

19. 195. '«7. 16

10,>»1»8.723.13

10,U1»8,723.13

9.730.73

69,lUl.70

35-71

'».3S7.53

2,636.00

2,636.00

$2,026,995,868.22

$2,032,037,373.36

InTaatmenta In U. 8. GoTamnant laeurltlea (Schadula 2).

^cruad Intereat reoelrable

(

Sshadula 2)

Other acoonnte (deferred chargaa)

Commodity ealee contracts (deferred chargea)
Total aeseta

,

,

Llabllltlaa and Capital
Accounts payahla:
XDployaas' Pay-roll Ulotaant Account - U. 8. Ssfanaa
SaTlngs Bonda
Vouohars payable
Due to f oral^ ^anka
Sue to Union of Sorlat Soolallst Bapakllea
(igrasnant October 10, IJl^l and Jaaiury 3, l$ke)...
Total accounta payable

71.25
U.273.'W
86,536.U7

1. 816.99
97.537.99

3,133.'*51.79

$

-i

CiQltal aeeoont

99.3?».98

2,000,000,000.00

lamlaga las* adBlnlstratlra »tf»nuM (Sahatal*i3

•bAIi)

3.22't,332-9l

2,000,000,000.00
2«,n3,OllO.U5

Total llatllittaa and ospltal.

$2,026,995.868.22

Back ngnraa:
1/

$

$2.032.037.373-36

Annual balance sheets for the yaara I93U through I9U0 nay be found In tha 'tknnual Beport of the Secretary of tha fraanry for
19)40." ^lartarly balance sheets commencing December 31. 1938 may be found In prarlous Issues of tlM "Treasury Bulletin*.
Consisted of 65.OlS.698.63 yuan as of June 30, I9U1 and 65, 270,111*. 93 yuan aa of Maroh 3I, 19ll2.
Oold held as oellatCTal
aaomtad to $19,379,015.65 aa of both dataa.

Schedules for Balance She<«t of the Exchange Stabilization Fund
Schedule

1

Lsoatlon of gold hald by and for aocosnt of tha Ixohaaga Stabilisation fond l/

Loc&tlon

76

Schedules for Balance Sheet of the Exchange Stabilization Fund
Schedule 2
n. S.

I«S1M

OoTemaeBt aaenrltlaa held

yjy

the IxcbAoge StabllltatloB fooA

-

(Continued)

77

Net Capital Movement to the United States, 1935 through April 1942^^
QIb

thouionde of dollar*.

Bet cftpltftl outflow

(-0

Analjraii of net capital aoreDent

Net capital
BOTenent

Period

MoTettent In

Moreneat In

ihort-terB
1)ai]kln£ funds

1}rokera^e

balances

KoTOBent In
transaction!
In doDeatle

eenrltles

MoTeaent in
transaction*
In foreign
securities

Calendar year)
1935 (Jan.

2,

1935-Jan.

1.

1936).

l,Ul2,Ug6

96i»,629

6.039

316,660

125.158

1936 (Jan.

2.

1936-Dec.

30,

1936).

1,195,922

397, SMe

6,811

600,693

191,076

1937 (Dec. 31, 1936-Dec.

29.

1937).

801. 915

255.59't

31.687

2lUt,626

267,008

1938 (Dec. 30, 1937J)ec.

28, 1938).

1H5.256

331.268

31

57,196

26,758

igiw).

1.195.635

1.138.383

32.990

-85.127

115,689

78,156

1939 (D«c. 29, 1938-J".

3.

I9I4O

(Jan.

It.

I9lt0-Doc.

31, I9U0).

706,380

852,928

20,358

-215.062

191*1

(Jan.

1,

19UlJ)ec.

31,

I9UI).

-''96,923

-286,622

-19

-261,955

51.703

19U2 (Jan.

1,

19l«-Apr.

29,

I9U2).

78,905?/

88,388^/

3,013

-160

-12.366

lotalCJan.

2,

1935-Apr.

29,

19U2).

5.309.576S/

3.735.9102/

103.913

626,571

813,182

139,1»60

139.995

2.369

-6,013

3.139

28).

-7.057

5.119

.691

-31,229

19.7I7

2).

-6o,U3i»

-19.369

678

-10.387

-1,356

Month:

19Ul-Aprll

(ilpr.

3-Apr. 30).

May

(May

l^ay

June

(May

29-July

July

(July

3-July 30).

-68,539

-67.038

1.22T

-7.585

1.857

August

(July 31-Sapt. 3).

-28,601

-26,01(2

1,710

-7.086

2,787

31,980

25.939

-288

6.956

-627

-262

-2.153

1,107

September (Sept. U-Oct.

October

(Oct.

HoTeabor

(Oct. 30-Dee.

Decenber

(Dec.

>kJ>ee.

(Jan.

1).

2-Oct. 29).

-7,036

-8,728

3)'

-128,919

-131,220

387

-838

5.752

31).

-ll»8,628

-159.300

-158

6.238

1.592

1-Jan. 28).

-66,927

-71.305

1.175

1,261

1,939

Tebruary

(Jan. 29-»ob. 25).

-9l»,698

-88,565

-59

-1.782

-1,292

March

(Feb. 26-Apr.

2,297

-1.329

-6,6U3

^rll

(J^r.

19U2-January

1).

2-Apr. 29).

13.3152/

19,020S/

227,185

232,238

-370

1,6«7

-6,370

8.

-8.893

-1,251

111

292

-2,312
-1.901

Veelc ended:

19U2Jprll

1/

15.

221,275

221,326

•88

1.938

22.

16,332

18,231

-173

-510

-919

29.

-7,529

-6,068

-220

-33

-1,208

Publication of nore detailed capital aoTeaents data has been suspended for the duration of the war. the latest tabulation by countries lad by detailed categories,
through Dececber 19II, was published In the 'Treasury bulletin' for March I9I2.

ij

MJustad for Inclusion of a foreign
account of $13*9 lllloas reported for
the first tlae on March 11, 19<42.

t

COPY
i

LJBRARi

\
_,:'OM

Treas.
HJ
10
.kl

1942
C.2

U.S.

454^

Treasury Dept.

Treasury Bulletin

No. 2

US TREASURY

LIBRARY