Full text of Treasury Bulletin : July 1945
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rLIBR-RY
/;
t^hf^
LIBRARY
5030
Rr>nivi
JUN
9.
1
1972
TREASURY DEPARTMENT
,
^
^
[COPY Nc
JULV-ia45
LIBRARY
ROOM 5030
JUN 211972
Koo«5 50-13
TREASURY DEPARTIVIENT
UNITED S THTES TREflSURV DEPRRTMENT
OFFICE DF THE SECRETRRV
Treasury Bulletin
Cumulative T&ble of Contents
July
Jtt&«
M17
Apr.
Iiffov
and
Mar.
F«b.
p^«
nmftvr
Jan.
ArtloleB
InTealoD ourreocor.
Tadaral land ^enk boadi
Var loana:
SeT«nth Var Loan, Kay-June 19U5:
CoDparlaoQ of featurea of aecurltlsa offered.
Bedaaqptlon Toluea and InTeetmeut ytelda of Halted State* aaTlnge
bonds and Treasury aavlnsa note*
Outline of plana
Sixth War Loan, Sovomber- Dec ember I9UU1
Sales of eeourltlea. elaaelfied by isauee, by types of InTostor.
and by States
A-7
Oatl Ine of plana
Comparison of features of seourltlee offered.
V9
rifth War Loan. June-July 19UU1
Sales of aecurltlea, elaselfled by Is
and by States
by types of Inrestor,
Security purchases outside war loane by conmeroial banks and by Treasury
Investment accounts:
Sixth War Loan
rif th War Loan
,
December 3I, 1939 through June 30. l^UU
A-IO-
Bank daposite. g«ogve«)ble dlstrlbtttlon on Deoembsr 3I. I9UI-UU,
Maturltr Of Adjusted serrloa bonds on June 13, I9U5
Individual and taxable fiduciary Inoone tax returns for
19^*
Bow proTlslone for redemption through banks
Sxdse taxes In the United States, Canada, and Uhlted Kingdom
A-3
War rinance policies (Three speechea by the Secretary of the Treasury)...
rinanclal operationa of United States Qovernment during fiscal year 19UU.
Treasury market financing
Nummary of fleoal statletioe
Budgetary receipts and expenditures
Piiblic debt and guaranteed obligations outsteadlng.
Means of financing cash requirements
ReoelptB and expenditures and approprlationB
Budgetary receipts and e:Q}endltures:
Summary by major claseificatioae
Analyeia of receipts from Internal revenue
Analysia of general expenditures
Analyeia of ej^enditurea for war aotlvltlea
Analysis of ei^enditures for (l) revolving funds and (2) transfers to
trust accounts, etc
Total budgetary receipts end e^fiendltures. by months, for recent years
7
ft-9
Trust accounts, etc. receipts and expenditures.-.
Meana of financing cash requirements
Social Security progrsai:
Budgetary receipts and siqiendlturest
Social Security Act
Ballroad Retirement Act
Bailroad UneHf>loyment Insurance Act
lU
15
15
Statement of trust accounts:
Tederal Old-Age and Survivors Ineuranee Trust Tund
Ballroad Betlrement Account
Unonployaent Trust Vund
J^roprlatlona and net contract author 1 sat iona for the war actlvltlet program
ISlfi 19-16 15-16
Oash Income and outgo of the Treasuryi
Analysis by aajor classifloatlons
Total oash Income and outgo by months and calendar years beginning
with January I9U0
(Coatlnad mi foUovi^ pM«)
1^16
lU
lU
lU
lU
Ik
16
16
16
19-16 15-16 15-16 15-16 15-16 15-16 15-16
5-«
17
17
17
17
17
17
17
17
17
17
17
Juhf
1945
Cumulative Table of Contents
-
(Continued)
Ia«na and pa^e
nm^er
W"*?
July
June
May
i^r.
Mar.
?e%.
Jul7-
Jan.
Ang.
General Fund of the Treasury
Asiets, llabilitiaa. and ^alanca in Oanaral ?und.
Analyaia of chan^ea In balanca of General ?und..-
Publlo debt and guaranteed obllgatl
me
of United States OoTernment
^blic
debt and goaranteed obllgationi:
Detailed atatament
nacal yeare. igSS-lSltlt.
Monthly data
Chart
23-2lt zy-2k 23-2U 23-2l» 2T-2U 2J-2U 2V2U 23-2U 2}-2l» 23-2U 2J-2U 2J-2ll
Z5 2U-25 25-26
zM-as 2U-25 2&-25 2li-25 2lt-25 2U-25 2U-25 2U-25
26
Z6
26
26
26
26
26
26
26
26
26
27
27
29
Puhlle deht:
laauance and ratlreaent (reeelpta and expendltorea)
Intereat-baarlng deht. compoaltlon of
Guaranteed obligatloaa held by Treaiury
Debt position of United Statea Ooremaant under lialtatlona Inpoaed by
Section 21 of the Second Liberty Bond let, aa aoaeaded:
June 30. 191*
28
Septeaiber 30, 19IA
December 3I, ISW*
March 3I , 1^3
28
^ompnted interest charge and conpttted Intereat rate
27
iturlty schedule of intereet-bearlng public aarkatable securities Issued
or guaranteed by the United Statee
Offerings of aarkatable laaues of Treasury bonds, notes, a^d certificates
of Indebt edne es
Disposition of matured marketable laenaa of Traaaoiy bsnda. notes, and
certificates of Indebtedness
27
27
27
27
27
27
28-30 28-30 29-31 28-30 28-30 29-31 28-30 28-30 29-31 sg-30 28-30 30-32
31
31
31
32
32
33
32
Jl
32
32
31
32
33
31
32
32
33
33-3'» 33-3>» 3't-35 33-3'» 33-3'» 3't-35 33-3'* 33-3't 3U-35
Offerings and naturltles of Treasury bills
United States aaTlogs bonds:
Summary of salee and redemptlone. by series
Sales by series, classified by denoalnatlons
Sales to Investors other than commercial banka by series, classified
by Statee
Maturities and redemptions of Series A-D and Z combined, by Statee
Payroll aaTlnga plana
31
31
32
32
•
33
3't
33-3U 33-3't 35-36
35-36 35-36 36-37 35-36 35-36 36-37 35-36 35-36 36-37 35-36 35-36 37-3«
39
38
38
37
37
37
38
37
37
37
37
37
38-39
''-^
39-'tO
''-^
39-i«o 38-39
1*1
iK)
Ul
Ul
hi.
Treasury notes - tax and savings serleal
Summary of sales and redemptlona. by aerlee
Sales, classified by:
Denomination
Type of purchaser
United Statee savings stamps:
Summaiy of sales and redemptions
Sales, classified by denomination
27
it2
"
io
39-1)0
ito
1*1
U2-U3 UO-lil iMMtl ui-ua
U2-lt3
>IO-ltl
U2-U3
Ma
,.
Ownership of United Statea Government eeourltlea
Summary distribution, by holders
Sstlaated ownership by various classes of bank and non-bank Inveatora
Market transactions In Government securities for Treasury Inveetment
accounts, monthly beginning January 1937
Treaeury Survey of Ownership of United States Government securities (Federal
land bank bonds Included commencing January 3I. 19U5):
Ownership by banks and Insurance companies:
May 31, 19'A
June 30, 19*
July 31 19Wt
August 31. 19Uit
September 30, 19Wt:
Eevl slons
Original data
October 3I, igWt
Hovember 30. 19U1*
December 3I, l^k
January 3I 19lt5
February 28, 19'*5
1*9-58
U7-50
U7-50
,
U9-52
U8-52
,
.
Ownership by
commercial
June 30,
December
"•9-53
1*8-52
Jferch 31 , 19'*5
>j>ril 30, 19^15
148-52
varloua classes of federal Reserve member and nasmember
banks:
19UU
31
,
19IA
(Continued on following page)
51-51*
Treasury Bulletin
Ill
Cumulative Table of Contents
-
(Continued)
1945
July
Invasion Currency
Circulation of "Yellow Seal" Silver
Certificates
Early
June
In
the
took
Treasury
steps
to
permit the
in
olroulatlon of "yellow seal" dollars
United States. Yellow seal dollars were
the
originally issued in connection with our military
operations in North Africa and Europe, and are
regulso" American currency with a distinguishing
mark designed to permit segregation if needed.
This distinguishing mark was provided by substi-
tuting yellow ink for blue
on
printing the
in
regular silver certificates
Background information
States.
currency is
of the United
on yellow seal
available in an article
currency in the April 19'*-5
ury Bulletin", page A-3.
issue
seal
of
on invasion
military
operations,
the
Treasury originally
requested banks in the United States to.withhold
yellow seal dollars which came into their
the
them
to submit
for retirement in
manner as unfit silver certificates are
In view of recent developments in con-
same
handled.
nection with military operations in the European
and Itedlterranean areas, substantisd amounts of
yellow seal silver certificates are being paid
out and will enter into circulation in the United
Accordingly, on June
States.
ury wrote
to
19'*-5
5,
the
Treas-
the Federal Reserve Banks withdraw-
ing the request to banking institutions to withhold yellow seal dollars from circulation in this
This
country.
identifiable
specially
currency
will hereafter be allowed to continue in circulation until it is retired In the normal
Invasion Currency In Okinawa
On June S,
Treasury,
lease is
vious
19'*'5
currency
War,
in
a Joint press release on in-
Okinawa
and Navy
article
in
the
was
issued by
Departments.
reprinted below
to
This
the
re-
supplement the pre-
'Treasury Bulletin" (April
on the principal currency measures which
The prehave been carried out during this war.
191*5)
vious article
covered
the
necessity
of keeping
dollars from the Axis; a description of invasion
currency in North Africa, Italy, France, Belgium,
Netherlands, Luxembourg, Germany, and the Pacific
Theatre; and the problem of who will redeem such
currency.
•United States Army and Navy forces are
using a supplemental military currency denominated in yen in the invasion of Okinawa and
other islands of the Ryukyu group.
•This military yen currency has been is-
sued In
'Issued Pursuant to Military Proclamation' In
both languages.
seven denominations,
namely,
military yen,
other legal tender local currency, and notes of the Bank of Taiwan and of
the Bank of Chosen are interchangeable within
the area without distinction at one for one.
However, Japanese military yen scrip is not,
of course, accepted by U. 3. forces.
Supplemental military yen currency notes were produced in the United States for the military
commander who in the areas occupied by the
forces under his command has all the powers
necessary for carrying out governmental functions, including the right to establish and
maintain an adequate and effective circulating medium.
This is in accordance with
International Law, the Hague Conventions, and
decisions of the
Supreme Court
of the United
States.
of
course
operations as It becomes unfit for further use.
vasion
"The notes bear on their face the words
'Military Currency' in English and In Japanese and on the reverse side the legend
"Military yen win supplement the local
currency; not replace it.
This supplemental
any
possession and
The 5 yen and 10 yen denominations are somewhat larger than the sen notes, and 20 yen
and 100 yen notes are the size of the U. 3.
dollar note.
"Treas-
the
In order to confine the use of this currency
to
50 sen and 1, 5, 10, 20, and 100 yen.
There
are 100 sen to the yen.
The notes in denominations of 10 sen, 50 sen, and 1 yen are onehalf the slie of the U. S. dollar currency.
10 and
"No general rate of exchange between the
yen and the dollar has been established. For
pay of troops and military accounting purposes, however, a provisional basis of 1 yen
to 10 cents is being used.
This provisional
rate was determined in the light of prevailing conditions in the Ryukyu Islands and does
not prejudlae the determination of the rate
for other Japanese areas yet to be invaded.
'Arrangements have
Military and Naval
in dollars to the United
rate all or any portion
U.
S.
been made whereby
personnel may remit
States at the above
of
their pay which
received in yen.
U. S. soldiers and
sailors leaving the area may exchange yen
currency held by them for dollar currency.
When U. 8. forces use yen for military expenditures, the relevant Army and Navy appropriations will be charged for the dollar
they
equivalent thereof.
In this manner the control of the Congress over the expenditures of
the U. S. forces is maintained."
Treasury Bulletin
Treasury Market Financing
Bletorlcal detalle of Treasury market financing operations In-rolvlng tends,
notes, and eertlflcatee of indebtedness, beginning with the Cilrd War Loan,
are pabliahed In the tables on pages 31 and 32. Details of weekly Sreasnry
bill offerings are shovn on pages 33 and 3^'
Results of May Refunding
A total of
$'^,910
million
shown in the following table.
of
aeourltlea
Treasury
notes
The
new
mature July 1,
notes are
19k-6.
dated June
1,
19''-5
and
Amount
Percent
exexoutstanding^ changed changed^
millions
(In
of dollars)
issue
offered to the holders on May 21.
included approximately SS^ of the 7/g^ certificates of Indebtedness which matured June 1,
and 96^ of the 1-1/2^ Home Owners' Loan
194-5,
Corporation bonds called for redemption on Junel,
This
19U-5.
Amount
Maturing
matijrlng or called for redemption on June 1, 19U-5
were turned In on exchange for the IJ-month 0.90^
7/g^ oertifloatea of
indebtedness due
6/1A5
1-1/2^ HOLC bonds of
19't-5-4-7 called for
redemption 6/l/'^5..
Total
'+,770
'+,187
755
5,525
TTg^
723
96
89
Details of the exchange are
Federal Land Bank Bonds
As of June 1, 19^+5 the twelve Federal land
banks called for redemption on July 1 all outstanding consolidated Federal Farm Loan 35^ bonds
These bonds, dated July 1,
of July 1, 19't-5-55.
obtained m&lnly from short-term borrowings which
would be repaid from the proceeds of a public
offering of consolidated Federal Farm Loan bonds
at a later date.
1935. were outstanding in the amount of |230 milThe Treasury Department, and the Federal
lion.
Reserve Banks and their branches, were designated
date
,
by the Federal
land banks as redemption agencies
for the called bonds.
In a preliminary announcement of the redempJuly 1, 19'<-5-55 Issue, It was stated
tion of the
that funds
for
the payment of the bonds would be
19''-5;
This is the second redemption at first call
of consolidated Federal Farm Loan bonds in
the
previous
redemption being
that of the
3-lA^ bonds
of May 1, 19'+5-55, In the amount of
Funds for this redemption
#157 million on May 1.
came
in
part
from
the sale on February 1, 19'+5,
ink- million of 2-lAfJ consolidated
Farm Loan bonds of February 1, 1953-55-
of
Federal
July
1945
SUMMARY
OF
FISCAL
STATISTICS
Treasury Bulletin
Budgetary Receipts and Expenditures
(In mllllonii of dollars)
Krit 11 nontht,
flaeal 7urs 19U3 to I9US
Complete fiscal 7ear«,
to 19U6
191l2
latimated 1/
Change
I9U3
191*5
igUit
19U3
19"I5
19><e
Actual
Istimated
19'tU to
19't5 to
••tlmated estimated
19't5
1/
19't6 1/
Heceiptst
Internal
12.290
29.'uU
30.1(16
1.002
7.960
16.O9U
35.056
31.022
ItOl
-it.03U
l.Ws
1.668
1.713
1.5
1.186
1,U98
1.739
1.79U
2.056
55
262
1*,200
U.869
6,388
1.519
3.8l»7
t.553
5.291
6.551
6.520
1.260
-31
Caetoms
290
1«53
321
-81
389
32it
U31
326
326
-105
Other receipts U/
592
286
916
3.292
3.296
2.930
13.668
U5,l|08
1*7.023
1*2.855
1*1*.
730
1*1.255
Income and profits taxes 2/
AoploTiDent taxes
Mlscellaneoue Internal roTeoue
^
Total receipts
2,«l6
2,98U
39.160
ltl.«23
2.663
5U3
+2,61*1
12.799
-366
Lese:
Amounts transferred to federal Old-Age
and SuTTlTors Insurance Trust 7und
^
23
1*0.
Sapendltures:
11*9
1*5.
-U.U75
6/
Var actiTities:
Var Department
38,81*1
1*5,136
'•5.673
537
11*. 070
1*2.265
1*9.21*2
U«.l*97
38.999
-7U5
-9.1*98
Navy Department
17.909
23.901
27.758
3.857
8,580
20.888
26.538
27.900
22,000
1.362
-5.900
7.890
10,1*31*
8,760
-I.67U
3.362
8.955
11.259
10,1*69
7,003
-790
-3.U66
1,131*
1.398
1.131*
87.039
88,000
69.1*00
-18. 600
Miscellaneous var actlrltles
Anticipated si^plemental appropriations.
Total var actiTities
ISISlio'
79.1*72
82,192
26.011
72.109
261*
Veterans' Administration 2/
553
630
1.629
556
602
730
1.290
2.705
1.1*11*
Puillc vorks 8/
502
1*13
298
6so
5U3
1*33
I16I
336
-125
1.095
81*9
71*6
1.225
1.163
909
632
571*
-5«
Social security program 10/
719
770
782
659
735
803
871
765
-106
Work Projects Administration
296
17
97011/
299
1.068
Aid to aerioulture 2/
ClTlllan Conservation Corps
18
Iicees profits tax refund bonds 12/.
Other
1^
Interest on the puhllc deht
Anticipated supplemental ^propriations.
Total eipenditures 6/
Net hudgetary deficit 6/ lU/.
'ce:
*
1/
2/
^
kj
^
163
797
131*
1.068
830
1,008
1.713
873
1,070
2,21*9
2.835
586
1.199
1,862
2.607
1.260
2,609
3.750
I*.
750
590
3t7
69.852
85.119
90.763
5.61*5
32.397
93.71*1*
98.912
82.530
5.169
-16.382
52.139
1*7.216
50.221
3.001*
t9.595
53.183
1*1.276
3.588
-11,907
.
Actual receipts and expenditures c
from Dally Treasury Stats
ments; source of estimated figures
eiqslalned in footnote 1.
Leas than $500,000.
Based upon estimates as shovn in the 191*6 Budget. Classifications
herein are based upon data susceptible of segregation according to
Daily Treasury Statements and will not necessarily agree vlth classifications in Budget document.
Includes unjust enrichment tax and tares vithheld by employers under
both the Revenue Act of 19U2 and the Current Tax Payment Act of 19U3.
For details see following chapter on Secelpts and Expenditures and
Appropriations, Table 2.
Includes chiefly alcoholic beverage taxes, tobacco taxes, manufacturers' and rstailers' excise taxes, and estate taxes.
Includes deposits resulting from the renegotiation of var contracts.
Information on the amount of such deposits is not available on the
basis of Daily Treasury Statemente. On the basis of covering varrants, such deposits were as follovsl
fiscal year 191*3, $558 millions; fiscal year 191*1*, $2,235 millions, of which $113 millions
represented a voluntary return of excess profits. Budgst estimates
of such deposits for the fiscal year 191*5 are $1,685 millions, and
for the fiscal year 191*6. $952 millions.
For explanation, see tables in next chapter on Social security program.
6/
18
97
Excludes expenditures for public debt retiremente vhlch are chargeable to the sinking fund. etc. under special provisions of lav.
I
19. $98
55,897
500
-2U3
expenditure! claeelfied aa tranafera to traat aoeounta.
IT Includes
etc., for the Adjuited Sorvloe Oertlfloate fond and the National
Service Life Insurance fund.
Includes Public vorks transactions classified as ReTolvlng funds (net).
Includes Aid to agriculture transactions claseifled as RerolTioc
Funds (net); e^endltures of the Departnent of igrlculture classified as Departmental in the Sally Treasury Statement; and Office of
Dlstrlhution transactions classified as transfers to trust accounts,
etc.
10/
U/
lU/
Includes expenditures classified as transfers to trust accounts, etc.
for the Hallroad Retirement Account and the Railroad Unemployment
Ineurance Admlnletration Fund. Ixcludas eipenditures made hy Office
for Anergency Management, War Manpower Comoission (U. 3. Staployment
Service) \inder authority of the Social Security Act.
Includes Katlonal Youth Administration.
Represents travfers to public debt accounts for excess profits tax
refund bonds.
InclTides departmental eipenditures not othervlse classified and expenditures classified as transfers to trust accounts, etc., for Ooternment es^loyee retirement and insurance funds.
On June 7. IS^^? Secretary Morffenthau stated that expenditures during the four-month period June-3eptemt>er 19^*5 ^re estimated to exceed revenue by $17 billion or about the same amount as in the
previous four months, Tebruary-Key 19^5
'^* figures Inelude Mall
amounts for net outlays of Oovemment corporations.
•
Jidy
1945
Public Debt and Guaranteed Obligations Outstanding
(izi
DllllOlu Of dollurt)
ireasury nalletin
AND EXPENDITURES
AND
APPRO PRI AT IONS
RECEIPTS
1945
July
Budgetary Receipts and Expenditures
Table 1.- Sumnary by Major Classifications
(In alllloni of dsllara)
K]9«aditareB 1/
L«Ba n«t vBounti
truiflfarrad to
Total
recelpti
ren
2/
3,800
19351936.
1937.
19381939.
3.278
3.513
17?
5.29't
'i.597
210
xgui.
19U2.
ISUJ.
b.Zte
5.668
5.925
8,269
13.668
23.385
5.671
5.161
5.303
7.362
12,993
I9ltii.
U5,l|08
itl,685
igiio.
l*.ll6
19'A-M^
2,a2
2.859
5.927
2,05U
2.506
.
October
NoTeober
Secenber
.
19l>5-January
.
7ebxu£xy
March
.
.
.
.
.
i^prll
MV
1/
265
387
503
2732/
5152/
2862/
9162/11/
3.29211/
22,ll«l|
66i
(69
1.103
1.260
306
2
5,73>*
Jnly
August
September
Source:
a6
3.02U
June
Total
eipendIturea
Tederal Old-Age
and SurrlTore
laiurance Trust
?und 2/
Internal
1.985
2,702
1
1,880
2,300
lltS
51*
178
5.'tl8
l*,9'»5
UWt
265
2
3,587
3.987
6,908
3.0l«
3,815
2.967
3.398
2.7116
2,921
Ultl
1*11.11*9
93. 71*1*
5.986
5.595
6.188
6:^7
8,292
8.625
3«7
1,018
8,U0
1*58
8. 119
1*92
7,930
911
500
39
313
2.929
3,085
10/
lor further details, see Table 3*
Tor farther details, see Table 4.
Tor farther detalle. see Table 3. Also aee footnotes 3 and U.
Total ei^ndituree less net receipts.
Repreaents expenditures for public debt retlrentente which are chargeable to the sinking fund, etc. under special provisions of law.
Such reIncludes recoveries of U. S. Inrestmente In cf^ltal funds.
11/
6,a5l0/
1*12
8,202
Pro-am".
5.86U
7.221
7.055
7,828
8,Ul6
3,556
3.767
6.892
Bally freaBory Statenante.
LesB than $^00,000.
SxeludBS amounte for public debt retirement which are chargeable to
the siskins fund, etc. under special provielona of lav.
Ibr farther details, aee Table 2.
Tor explanation see tables which follow entitled "Social Security
5.900
5,935
6.1*37
8,02l*
15
31
220
509
1U9
m
6.1*31
8.666
8.177
7.239
8.707
8.998
12.711
32,397
78.179
5,1*16
War EStiTltiei
Revolrtng
funds
895
900
929
1.029
1.206
1.657
6.301
26,011
72,109
87,039
deficit
(&et)
5/
3,800
U.II6
5.029
5.855
5.165
5.387
7.607
12.799
22.282
2.163
2.568
5,926
2,001
2,2'W
1*9
291
153
5.71*9
7,010'
Oa&aral
1/
6/
1/
76
1,820
3.209
«.550
603
60s
3.ll«9
loU
1,381*
3,5'*2
65
18
225
187
232
331
181
llO
>*35
3,611
5,103
19,598
55,897
-39
556
1*9.
92
51}
-13610/
7,201
7.571
6,998
595
26
5.31*2
1*0
2.378
1*51
5.9U7
5.551
57
2.00I*
6.023
5.587
2.999
7,1*79
7,1*01
7,503
7.551
6,948
U,61*5
7.1*60
ni
9.1*33
1,11*3
8,21*6
2,5110
7.968
9,275
591*
7,139
8,156
5. olio
829
monta
3.693
6,190
ooTsrlea totaled $5U millions In the fleoal year I9UO: I313 dIIllons In the fiscal year 1941; $18 millions in the fiscal year
19U2; and $10 nilUons in the fiscal yvar 19U3.
Beceipts from redactions in capital stock and paid-in snrplua
available to be reismied under exlatlng law are included as nega^
9uoh reductions totaled $l60 miltive items under expenditures.
lions for general expendituree and $155 mllllone for revolving
funds during the fiscal year 19^1.
Includes deposits remiltlng from the renegotiation of war contracts.
Infomatlon on the amount of such deposits is not avEdlOn the basis of
able on the bsisie of Dally Treasury Statements.
fiscal year
covering warranta, «uch deposits were «a follows:
19**3. $558 miUlona; fiscal year l°i^. $2,835 milUons, of which
$113 nilllons represented a voluntary return of eiceae profits.
Table 2.- Analysis of Receipts fron Internal Revenue^
(In allllons of dollars)
^lOTsant taxei
Income and uroflta taxes
VUbheld by
eiq>loyerB (Currant
Tax Payment
Act of 19U3)
Social aecurlty taxae h/
Other
Federal Iniurance
Contributions Act
(Old-age
Insurance)
5/
2/
3.278
3.513
1,099
i*.597
2,163
5.671*
2,61|0
2.189
2,125
3.1*70
3,1*70
191*2.
5.161
5,303
7.362
12.993
1.099
I.U27
2.163
2,61»
2,189
2,125
191*3-
22.
7,960
l6,09U
191*1*.
Ul,685
7,960
l6,09U
26,262
19351936.
1937.
1938.
1939.
191*0.
19ltl.
1,1*27
IW
655
8.393
3.021*
2,lb7
i.iou
1,063
5.731*
5,2l*l
71*6
l*,l*95
July
August ....
1.985
2,702
l.2l*7
591*
651*
1,552
1*87
September.
5.71*9
5,171*
1,065
7U1
October..
Korember.
December
1,880
2,300
U.9U5
1.2l*0
.
19lt5-Januar7...
February
March
.
31*,
1,501
l*,3l*7
'ce:
•
1/
2/
1.739
56
319
61
1,803
1.627
31*1
93
619
1,295
883
2.167
2.027
600
1,282
1*5
71*5
337
2,3''5
137
170
2.967
3.81*7
l».553
5,291
S20
1*22
681
832
511*
580
507
539
U
573
552
520
1*1
316
iBlly Treasury Statements.
Less than $500,000.
Tor farther details, see chapter entitled "Internal Barenae Statleties"
Iicludee receipt of victory taxes vlthheld pnrsriant to the Sevemie
Act of 191*2.
Such receipts haTe been classified as "Other" Ittcone
and profits taxes.
.
.
108
98
120
158
180
1*8
1,567
Agricultural
adjustment
taxes
1.657
2.010'
2.181
2.279
2.232
309
5
52
337
71
'».935
2,1*22
632
1*66
601*
1.1*98
3.606
2.922
5.818
2,921
530
691
laneous
Internal
revenue
Insurance)
511*
7I10
833
925
1,186
60
293
60
3.815
2,71*6
1*32
(UaesiplOTBent
Carriers' Taxing
Act of 1937
(lallroad
retirement)
19U
253
755
609
1.035
7U1
3,01*2
6,1*31
It.
Federal Unemployment Tax Act
531*
12
557
Includes unjust enrichment tax.
For the period prior to September 1939. the data in the columns
entitled "Federal Insurance Contributions Act" and "Federal Unemployment 7ax Act" represent collections under Titles 7III and IX,
respectively, of the Social Security Act.
Treasury Bullexiti
Budgetary Receipts and Expenditures
-
(Continued)
Table 3.- Analysis of General Expenditures
(In idlllaiu of iollara)
Tederane'
UBlsie>
tratlas
2/
ll
5.900
5.935
1935.
1936.
193719381939.
6.%
5.861*
7,221
I9lw!
7.055
6.215
5.986
5.595
6,188
19l|U-H^..
Jane.
387
1,018
19>)1.
19U2.
July
September.
OctolMr .
HonB^r.
December.
l^^-Jaaoary
Tetoaery.
Moreh.. ..
April.
Har...
895
.
i.iifS
vertES
557
578
581
582
557
557
533
555
SE
63
ia^st ....
AibUe
2/3/
Juhf
1945
Budgetary Receipts and Expenditures
-
(Continued)
Table 4.- Analysis of Expenditures for War Activities
(In
bUIIou
of doUart)
Mlio«llBa«oiu war aetlrUle
levy
Depart-
•Bt
19351936.
1937193«.
1939-
900
929
1.029
1.206
19I10.
19U1.
igus.
19UV
I9itli.
igMJt-Mv
Jona
July
ia^gaat ....
Septanfaar.
October.
HoTaabar..
Deeaaber
.
.
19U5-Jaa]iai7
.
Tebruary
March
April
««(»
1132
U90
667
3.678
li.OTO
U2,265
20.
U9.2te
7.879
7.567
7.201
7.571
6.99s
U.33^
U.106
7.'*79
7,1(01
"t.ogi
7.503
u.igit
iKOl-
icrl coltore
laneout
Departvar aeBeat
tlTltlOS
-21
529
-12
557
596
673
Ult
1(1)
99
99
-6
1
2ll
51
696
2,011
2,lU3
519
1,201
26.538
310
3.362
8.955
11.259
929
2,776
3,812
2.536
2.636
1.010
825
205
ZI9
US
188
51
2,591
2.502
2.295
2.9t<
2.577
2.U39
682
982
798
7U0
SU;
870
56
12>(
718
690
803
137
8,2U6
3.866
U.68U
2.539
2.392
2.759
130
372
335
326
298
312
18U
7.139
8.156
U.116
t.530
2.292
2,72U
731
901
9^
136
lOU
159
259
i».0g7
3.905
3,978
".as"*
6,^
U8
Dsltsd
Rations
Eellef and
Bshablll
tatioD
tlDltel
latlonal Select lv«
rederal federal
Trcaanrjr Statai
Houalnc
Sarrloc
3b IpSecurity Vbrlce
Depart- Marttlaa
Acenoy (dalclepl">«
A«enc7
tratlTc)
Ailnia.
1/
alon
U36
892
2.313
8,5«0
1,657
6.301
26.011
72.109
S7.039
.
.
273
383
378
Total
l,l>32
152
102
UO
US
12U
I
132
1,105
1,922
361*
259
2iie
60
Treasury Bulletin
Budgetary Receipts and Expenditures - (Continued!
Table 6.- Totals by Months, Beginning with 1036
(in
Calendar jaar
Jan.
atlllou of doUan)
Fat,
Hat bnd^atary racalptt
1936.
1937.
1938.
1939.
i9'io.
218
230
308
271
315
19U1.
l^Z.
I9UU.
19^.
578
788
2,7U7
3,556
758
955
521
539
l480
]/
752
967
916
231
318
262
256
290
373
529
828
687
799
1,566
30»
565
39'»
1,276
W3
563
2.1192
7'»7
U,569
6,2U7
2,007
2,163
678
272
292
300
233
286
350
UU7
397
676
711
1.135
^
265
3,5>»7
5.206
l,5ll»
6.573
3,087
2.929
6.892
>ili9
29'»
367
273
77'«
W9
2,950
3.085
587
2,721
2,568
5,926
607
2.030
2.001
676
632
718
677
565
737
7'U
721
869
2,083
5.W7
517
823
672
'»,372
36U
362
521
>.918
5,83U
56U
1.212
8,81*9
2.701
5.736
5,Ul6
l6,'t03
I|l>,>t21
716
9.2UU
601
2.099
2.2llO
7I10
5,798
5,650
3U.55U
Bod^tary axpaadlturaa 2/
1936.
1937.
1938.
1939.
WW.
656
712
19U1.
1,1U
19'*2.
2,628
6,372
7.570
8.202
IS"*?.
igw.
13^.
U7U
636
766
705
695
631
612
668
1.075
820
822
1.399
730
783
1,315
2,629
6,119
7,862
3,'Wl
7,35*
8.525
7.I16O
9.'»33
3,753
r,U66
7,859
7.968
5W
686
8,l«7
51'*
1.253
930
656
635
725
57U
517
566
l,ll»l
895
887
1.528
76U
818
1.598
77U
706
1.529
1,87'>
3,953
'*,530
7,'»35
8,327
8,625
5.160
7,112
8,110
5,215
7,617
8,119
5.931
7,535
7,930
231
177
-115
1W5
273
iio
8,292
9.275
lat 1>ial«atar7 dafielt
1936.
1937.
1938.
293
300
198
1939.
385
396
771
19>tO.
19>»1.
19U2.
I9U3.
19>M.
19t5.
Sooreai
1/
262
316
166
-116
-200
-212
1.871
5,l6U
'>,823
U.6ik5
3';^'
-126
2,1'»7
Tnut
>»25
362
268
369
193
156
>t51
105
195
I199
l402
Il87
258
1.133
1,185
3,058
5,952
3,391
5,955
5,3'C
6.190
2,037
3,758
2,378
5,9'»7
»,n2
5.0IIO
Oalljr Traaaarr Stataaanta.
Total reoelpta leas not aooiints traaaferrad to Tadaral
Old^A^a and Surrlrort laanranoo
1,898
339
237
252
-167
2,050
5,58H
U30
22U
3>W
2U7
7U7
22U
fund.
1
5,937
817
1,858
635
7.75'*
830
8.097
832
1.172
2,5'«
8.885
9.657
19.053
6.500
56.020
6,363
7.839
7,8SS
7.'t52
88.08l»
S.Uie
97,158
331
171
296
199
-188
157
,872
••37
739
UU2
536
1,637
1,29«
U32
1.329
3,967
3,825
1Q,204
J,UoU
2,087
2.00U
5)626
6,023
5,761
5,710
5.587
3,799
1,716
2,999
39.618
53.530
52.737
7,ii56
8,02l»
j/
two
517
U79
750
2115
75?
l^
lt.l»13
K6x
5.105
•.896
5,551
Izolndaa jrablle datt ratlreaantt.
total axpandltnraa laia nat raoalpta.
28U
21^7
Juiy
1945
9
BUDGETARY RECEIPTS AND EXPENDITURES
1940
1942
1941
1943
1944
1945
DOLLARS
Billion*
6 —
Billions
Net Budgetary Receipts
y
4^-^
3 Month
Moving Average
i
J
bbuQ
SNJMMJSNJMMJ
UlllliillU ll
J
\ui
MMJ SNJMMJ
Budgetary Expenditures
^
S
I
Treasury Bulletin
10
Trust Accounts, Etc. Receipts and Expenditures
Table 1.- Trust Funds
(In allllosi of toUaiTs)
Total
trait fundi,
aot receipts i*
iT net ezpenditoree (-)
Tedersl 01d-A<e and
Surrivore Znaurance
Trust yund
ht
Other
trust accounts 1/
^""
Kecelpts
Bet
Receipt.
^•°'"
*6k
193519J6.
1937.
1938.
1939.
3lt
19
11
29
19WI.
19U1.
*3
10
igita.
6
6
19't3-
l9Wi.
2fi7
29'*
19
29U
ItOZ
530
UOl
529
763
838
837
1U8
109
1U6
107
580
717
9Uo
1.190
1.363
577
707
931
1.18$
1.357
959
l.llU
1.2U4
1.399
1.567
957
1,118
123
127
125
116
278
103
286
101
282
289
June.
-355
-313
Jvdy
ingust ....
September.
102
282
2n
-3O8
-293
291
5
112
257
2i6
265
-282
-305
5
19
19
309
36
220
23
223
19ltl4-May.
October.
November
December.
.
.
19l(5-Janu«r7.
February.
March
1.5
80
29
338
200
-138
-aoo
17
i^irll.
290
Hay..
Source:
•
1/
3U
267
306
102
u
1*9
-lU
+20
751
1.21*3
11*1*
11*1*
l.toU
221
273
217
275
I.56I*
51
1*7
295
37
309
38
205
-5
58
253
38
-lU
-3
19
16
39
313
-12
283
38
98
212
'»3
t7
278
31
290
-1*
2l*
35
+20
+57
88
301
2,053
858
323
3U9
237
2.020
838
327
325
366
vtg
331
»2
+IUI
961
l.«53
1.713
-U5
179
231
178
275
87"*
53
U15
+18
-13
216
162
171*
1*7
+39
23
206
225
182
159
186
159
+3U
+151
*66
251
250
270
218
100
205
*6l
>tl2
18U
530
362
198
31*6
Bally Treasury Statements.
Lees than $^00,000.
Includes OoTemaent Insurance and retirement funds, etc.
Table 2.- Other Ftands
(In millions of dollars)
Transactions In ehacklnc aecotints
of OoTvmasnt agencies, etc.
Total all
transactions
1935.
1936.
1937.
1938.
1939.
obllgatloni
2/
-111
+1I10
lllO
-ii03
+176
176
-99
-51
-5
+1*0
1(0
+90
+90
90
90
191*1.
191*2.
+3U
-217
-3.625
+388
+852
-1.809
191*3.
-2,191*
-691*
19UU.
-l»,l»03
-2,871*
-1U8
-88
-1.61*7
June.
July
August ....
September.
.
igUj-January.
February.
let
Bvcflipti
I
-337
-^
-1.069
-I.815
-1.500
-1.529
+1*9
20
lU
2l|5
+39
+21*1
201*
+1.500
-31
+51
-170
+18
-233
+79
223
-254
+35
-95
-89
+130
+311
+253
-56
70
-11*5
+21
March
MO7
^rll.
-71
JIay...
+151*
+1*2
+29
+137
+76
-37
-30^
-7
-1U7
Hecelpts
aetloDfl
+31 1*
+1.10b
October.
NoTember.
December.
Net
MiscolIaneouB fundt
and accoimtfl 1/
Sttlfnlora^ on allTcr
+637
+768
19Ul|-May.
Zocrament on c^ld
108
+201*
19UO.
Othsr
trana-
-68
+301
-15
+70
331
155
-3
*?,""
July
1945
Means of Financing Cash Requirements
(In mllllone of dollarB)
Amount required to be financed
Total amount
required
to be
financed
3.»9
y
It.
3.209
550
3.209
5.390
3.l'»9
l.38it
3.1''9
1.3811
3, 3^2
U,l64
3.611
5.103
3.611
19140.
3.611
igui.
5.99't
23.'t6l
19U3.
19.598
55.897
igw.
611.307
'•9.595
igVt-Msp..
June.
5.3U2
15,637
5,3U2
2.378
7.703
5.551
2,248
5.9^7
5.551
2.004
6.023
5.587
15,626
6,023
5.587
2.999
lt,61*5
U.6l*5
3.693
3.693
Au^st
....
September.
October
.
KoTeml>er
December.
19l*5-Jajiuai7
Itebruaiy.
March ....
.
5,0ltO
Kair-
6.190
Source:
1/
5/
?U2
358
6,515
10,662
1,756
12,U33
5,040
6,190
Dally Treasury Statements.
Excludes amounts for public debt retirement which are chargeable to
the sinkine fund, etc.. under special proTielons of Iew.
Comprises trust accounts, checking accounts of OoTerniQent agencies,
1.648
5.078
2,646
receipts
in truet
accounts.
312
37U
306
740
3.275
136
5.99'»
3,506
l,g6l
U.051
613
2,5110
i^il.
.
Het decrease
In General
Fund balance
3.11t9
1.38U
U.16U
July
Net increase
In General
Fund balance
5.390
19351936.
1937.
19381939-
191*2.
Net
budgetary
deficit
Means of financing
Het
expenditure
In trust
accounts.
etc.
23.461
64,307
64,274
64,307
5,3't2
ll*,637
l't,637
7.703
5.551
2.242
7,570
1,229
-307
6.023
5.587
15.626
15,626
64.271*
3.693
2,560
5.oito
6,190
1.399
U,252
2,555
133
70
7l«
l)t8
'>,76l
639
2ltS
2,630
2,29a
2,036
1,120
3,763
3.911
1.7'n
1,778
1,300
etc., increnient on gold, seigniorage on sllTer. and miscellaneous
Increment on gold excludes expendltxiree for
funds and accounts.
national bank note retirements.
.
U
..
U
3
.
Treasury Bulletin
12
Social Security Program
Section I.- Budgetary Receipts and Expenditures
Table 1.- Social Security Act
(in millions of dollars)
Becelpts
ecelpte
B88 amounts credited to
Boeder al Old-i^e and
SnrrlTorB Insurance
Social 8«oiirit7 taxes
fsderal Insurance
Contrl^tlons Act
(Old-a^ Insurance)
1/
1936
1937
193S
1939
igito
252.2
66k.k
631.2
712.2
191*1
7M.2
igUa
1,015.6
1.288.9
1.U72.0
^>^'.'.'.'.'.'.'.'.'.'.
igitit-Kay
323.6
6.2
Jtuw
July
iu^oflt ...
30^.0
Septenlwr
Ooto^r
.
58.6
278.5
.
HoTBffl^r .
Dttaenber .
l».9
19U5-Jamiary...
lebruary.
March
U6.5
336.3
mV
Amd
Troflt
Tax ict
(l&ieinployment Insurance)
2/
1/
19U.3
SlU.U
530. u
60U.7
690.6
895.6
1.130.5
1.292.1
57.8
90.1
100.9
107.5
97.7
309.U
ll*.3
-12.8
265.0
387.0
503.0
537.7
661.3
868.9
1,103.0
1.259.5
U9-?
158.1*
179.9
217.1*
128.2
171*. 5
126.9
11*6.7
185-9
212.5
5.1
1.1
306.0
1.7
51.8
293.3
3.8
2.9
1*9.3
U.7
290.8
.7
1.1*
3.1
55.'*
3.2
267.3
U.o
U.2
53.6
265.5
2.1
5-0
13.0
2.8
31.0
219-7
15.3
15.5
116.6
12.0
33.3
222.1
17.6
27.'*
i^irtl
Tttderal Themployment
W.O
1*1.2
328.0
315.6
Al
3
9.7
2.8
12.»
17.7
U.5
?•"*
11*.
2
38.8
313-a
Sxpendlfeurei
Orants to States
Pat)Uo
Health
Serrlce
Social Sefforlty Board
JUnlBlitratlT*
Office for
Department of Labor
Chsmplojr—
Old-a^ Aid
to
aesl st- dependent
ance
children
nent compensation
Pabllc
health
adnitils-
vork
tratlon
1936.
2S.U
19371938.
1939.
182.7
332.5
361.3
19I10.
191*1.
fe.i*
191*2.
504.1*
191*3-
527.2
191*1*.
52l*.2
I9i*l*-««sr
1*3.6
Jtme
32.3
July
ihi^oat...
55.1
37.6
September
31*.
Octo^r..
50.
NoTember.
Beoomber.
19U5-Jaouar7
5.5
5.9
10.7
10.9
6.2
5.5
2.7
.9
.1*
.2
.9
30.6
31.8
5.6
1.0
22.9
3.5
1*0.2
31.1*
29.0
25.1
2.1*
50.3
38.8
28.3
30.0
29.1
25.0
1*15.2
1*69.6
U91.1
2-9
2.3
U9.5
28.9
32.5
31.6
1*5.9
39.3
2/
11.
2.9
2.8
25.3
31.5
31.5
33.3
32.1
39.8
32.9
M(7...
•
58.9
58.3
63.0
70.3
55.1
36.3
1*88.0
a.
1*6.9
1*9-3
1/
2/
1.0
k.6
?.2
!•'
6.2
7.1
8.0
8.5
10.3
25.5
2.8
2.8
2-7
March....
ce:
2.0
iit.3
182.2
208.8
227.6
260.1
299.1
316.9
360.6
-1.8
6.1
.^ni.
hbnuiy.
27-8
166.9
271-5
320.3
356-5
1^.8
20.0
9
53.3
31.8
36.1
.
.6
J,5.8
3.2
2.8
3.0
36.3
29.6
35.7
Maternal
child
health
serrlces
U^A
63.2
69.1*
67.3
57.0
50
3.2
22.1*
1:1
27-6
3.1*
l*.7
it.6
Sum
9.1*
10.8
1.0
3.1
3.8
u
9.6
u
1*.0
3.8
3.8
.2
9
3
•7
.5
.1*
.7
.7
1.9
•
3
5/
CU. S.
Anpl oy ment
Serrlee)
28.1*
1.0
l.U
1.5
1.5
^•?
1.6
1.6
1.1*
195.5
1*1.0 6/
1.8
^•i
2.6
3-5
2.8
U.2
U5.I
215.1
209.7
322.5
357.8
31*1.3
3U.7
-5
-5
25.9
27.8
.U
.7
.5
1*7.8
.7
1*5.1*
23.1*
31.8
.5
•3
30.1
.6
.6
-84.8
26.8
?•*
.3
2l*.l
.7
1.0
expendltnree
.6
2.1
2.7
3.0
.3
l.l
Salljr Treasnrir Statemeata
Leia thaa t50,000.
fcrmerly Title Till of the Social Security Act.
Ibmerl; Title
of the Social Security ict. Includei anaunte equal
to c^iproprlatlona to Ballroad ThLamploymeut Ineuraace Admlnletratlon
Hind eqnlTalent to amounts of taxea collected vlth respect to the
period from Jenuaiy I936 to June 1939. InclualTe, from employere mbjeet to the Ballroad Thamployuent Ineurance Act (See Table 3 of Section I).
Prior to Jannaiy 1, I9I1O. flgoree represent amounts tranaferred to
the Old-ice Besem Account.
R-om January 1 to July 1. 19I1O "Transfers" were made to the Vsderal Old-A^e and
Tors Insurance Trust
Hud. Subsequently receipts hare been deposited In the Oeneral Fond
of the Treasury and "s^iproprlated" directly to the Tederal 01d-i«e
and AirrlTore Insurance Trust l^ind. Amounts shown aa tranefers reflect deductions made for reimbursement to the Qenaral Ihnd account
te evTer adMnlatnttlT* eipenaea, vfaloh are aheim aa expendlturea In
H
2.1*
7.8
8.9
8.0
.7
1.0
31-6
28.9
.9
9-1
1*1.9
Child
welfare
serrlce
azid
Snwgency
Kana^ement
Var
M 82^)0 wer
Oommlselon
-5
ltl*.l
.U
2U.6
Section II, Table 1.
Includes only e:q)endlturea from appropriations mads specifically for
administrative expenses relating to the Social Security Act; namely.
Social Security Board, Department of Commerce, and Department of
l.abor; and administrative expenses reimbursed to the Oeneral
Rmd of
the Treasury under Section 201 (f ) of the Social Security Act, aa
lendad. Beginning July 1, 191*0. Includoa also administrative expenses under the Vacner-Peyser Act. Ixcludes administrative expenses picrable from other ^>proprlatlons. principally for the following agencies: tareaa of Internal Bsvenne of the Treasury Department, and Pnblle Health Service and Office of Iducatlon of the federal Security A^n<7.
Oorered by appropriations by Confess.
Second Deficiency .^iproprlatlon Act. fiscal year 1938, i^jproprlatad
1*1 mllUoaa for refunding to certain States portions of hderal omplflyere' tax for 1936 colleoted under the Soolal Security Act.
Juiy
1945
13
Social Security Program - (Continued)
Section I.- Budgetary Receipts and Expenditures
(Continued)
-
Table 2.- Railroad Retirement Account
(la mlUloiu) of dollar*)
AdminlotratlT*
Oarrlers* Taxing
iet of 1937
150.1
109.3
19I10.
la.o
19>tl.
191*2.
136.9
170.0
S0S.8
267.1
flipcadl fare B
2/
ment Icconnt
(tnut acooont)
1/
1936.
193T.
1938.
1939.
beaoB of
Itmsfera to
BflllToad Batlr»-
.3
.3
1I19.0
2.6
2.9
2.6
3.8
7.6
5.1
2.5
.3
.3
19>»3.
19IA.
110.0
123.3
128.2
11*8.5
220.2
265.3
13.U
1.2
-1.1
lU6.lt
107.1
120.7
laU.U
2.3
-8.7
ll(0.9
-a.6
214.8
262.7
u.u
.7
-1.8
.2
-6I*.7
July
M^ost ....
September.
1.1»
203.6
lU.2
56.9
-W.l
Ootober.
.
SoireiBber
.
llt.it
QBcember
.
55.2
-56.7
3U.2
3U.O
34.8
3U.5
32.7
-1U.2
-55. !•
1.2
ItobrDazy.
March.
.
-65.3
65.5
.
tpril.
Vaj...
3U.2
-8.3
35-7
3
Dally Treasury Statenente.
Leas than $30,000.
IneludBs only expendltnrea from appropriations made Bpedflcally for
oe:
*
1/
2/
adialBlatratlTe expensee relating to the Bailroad Betlreaent Act.
CoTsred hy appropriations from the General ?imd of the Treasaiy.
Table 3,- Railroad Unemployment Insurance Act
(In
nllUcas of dollars)
Secolpio
Bzpendlturea
Idmlnl strati ve expenses (Bailroad
1Aus9ployiD6nt Insurance Administration
Tond) 2/
fiallroad naeoploy-
ment Inaorance
oontrHntlona
2/
X936
1937
1938
1939
igSo
igUi
igte
,
i9w!!i!!"!i!!!
U.9
6.8
8.5
10.3
12.1
19'lli-May
^
^
.5
.5
5.0
5.0
3.U
2.5
2.2
3.2
8.2
lU.9
Transfers to fiallroad thxemplOTiMait
Inanraace icconnt,
UneBployment Trust
7.5
6.0
U.7
Excess of
expenditures
5/
U.l
-2.1
-2.1
2.7
3
.2
.3
-3.2
Jiine
.3
•3
July
3
3
9.0
8.8
-2.6
ingofit ....
September
Ootober.
BoTBaber.
Qeoember.
•7
.It
.
.2
-2.9
..
19U5-Jainur7...
.2
.1
Kbruary,
Kareh
iiirll
HV
Soorce:
<
1/
2/
Daily Treasury Statementa.
Lasa than $50,000.
Operated ea BaJllroad Unemployment Inaorance Administration Toni.
Seprosents 109( of contribatlona under the R&ilroad Unemployment
Insurance Act; the remaining 90^ is deposited in the Sallroad Udaoployment Insurance Account, Ihiemployment I'mat Fund (See Section
It, Table 3).
Excludes amounts appropriated to Sallroad Unemployment Insurance Administration Tond emilTalent to amounts of taxes
collected for the period Jaizoary 1936 throng June 1939 from employers subject to the Bailroad Uneonployment Insurance Act. These
anoonts aggregated $17.7 millions and vere distributed \fr calendar
^
U/
^
years, aa follon:
I936. »2.7 milllona; 1937, $5.3 mllUons!
1938. $6.8 millions; and for the first six months of the calendar
year 1939. $2.9 millions, these aaeOBta are indudsd in table 1
under Ttoderal Unemployment Tax Act (unemployment insurance).
Includes only expenditures fron appropriations made specifically
for adninistratlTe expenses relating to the Railroad Unemployment
Insurance Aot.
Bepresents excess funds of the Bailroad Unemployment Insurance Adatnistratlon Tond (under Act of Oct. 10, 19MO).
Oorered by s^jpropriatlons by Con^vss.
9
q
9
5
9
9
Treasury Bulletin
Ik
Social Security Program
(Continued)
-
Section II.- Statements of Trust Accounts
Table 1.- Federal Old-Age and Survivors Insurance Trust Fund
i^
(CnHOlatlTe fron organization - In mllllonB of dollaTs)
l^endi tores
End of fiscal
Tear or month
1936.
19371938.
1939iguo.
19IH.
191*2.
191*3.
Total
receipts
^proprla^
782.7
1,199.6
1.792.1
2.536.2
3.502.8
765.0
1.155.0
1.705.0
2.393.1
1.2S8.g
'1.720.7
'*,Ul9.j
5.711.1*
Wl*.7
tione
Total
expeudltnree
}jy
Confess
191*4.
2.3
17.7
669.6
5.U
19.3
35.1
99.5
209.8
359.1
5*3.7
5."*
m
l*l*.6
87-1
138.6
275.6
11*3.1
21&.1
Old-ace
benefit
payments
1*52.*
Dnexpended balence
Balmbarsement
In dlBborslng
officer's
account
adminletratlTe
expenses 2/
267.2
777.2
1.180.3
93.'*
2.397.6
3.227.2
6.268.3
267.1
662.3
1.177.2
1,738.1
2,380.6
3,201.6
I*. 236.8
126.0
5.1*1*6.1*
5.1*08.9
6:1
5.2
7.0
16.1
I.7W.7
12.3
39.1
65.9
U3.0
1.9
3.0
6.1
10.8
.1
20.1*
2l*.5
21.1*
igltJ-Hareh.
7.083.5
6.659.9
1.23.5
862.3
716.5
11*5.8
6.221.2
6.153.8
35-1
32.3
;/^rU.
Hay...
7.12U.6
6,701.1
7.016.7
1*23.5
1*23.5
886.5
738.3
761.1
ll*S.2
6.238.1
6,528.5
6.153.8
6.153.8
50.9
7.1*1*0.2
3'tl.l
33.^
33.6
SooTce;
•
1/
Dally Treasury Statsnenta.
Use than $50,000.
Includss transactions effected under the predecessor Old-ige Reserve
2/
150.6
Account.
Under Section 201 (f ) of the Social Security Act anendiQente of
1939.
Table 2.- Railroad Retirement Act
(OomulatiTe from organization - In mlllionfl of dollare)
Becelpts
Xnd of fiscal
year or month
Total
receipts
1936
1937
1938
1939
Szpendi tores
Appropriations
>7 Oon^ress
Interest on
inrestments
U6.6
1*6.6
1*6.6
1*6.6
l.U
3.6
916.1*
537.7
1*88.5
35.8
13.'»
28.7
29.0
928.6
525.8
513.9
511.5
.3
1*99.5
•
Ik.O
lU.l
I9W
I.IW.I
1.116.9
11.6
17.3
27.2
19l*5-March
1.U5U.1
1.1*25.7
iprll
May
l.hSU.U
1.1*25.7
1.1*25.7
Source:
•
6.0
1.6
2.3
1.8
10.5
11.7
12.8
28.1*
191*3
n
851*. 2
36.6
676,6
811.0
J8l*.9
1*98.5
639.1*
261*.g
1*6.6
66.2
67.2
68.1
82.7
92.1
87.0
IOU.8
I9U.9
333.0
268 !u
390.S
506.9
650.9
871.5
l.i*5'*.7
1*6.6
1*2.6
1*.0
1W.5
19110
191*1
191*2
Unexpended balance
Benefit
psQnaents
79.8
185.6
298.7
1*19.9
51*6.1
91*0.8
79.1*
.2
13.2
10.8
71*.
1.6
U.i
1.1
91-5
178.0
318.
13.»t
3
Daily Treasury Statements
Less than $50,000.
Table 3.- Unemployment Trust Fund
(OnmolatiTe ffom organisation - In milllona of dollars)
State
Ibd of fiscal
year or month
Total
recelptc
Ballroad Unemployment
Insurance Account 1/
ment
Insurance
Transfers
Ballroad
activifrom
unesiploy—
ties
Ballroad
Transfers
Dent
Unemployment
from
deposit B insurance States
Insurance
2/
contribuAdministrations 2/
States
tion rani
Total
expenditures
Expenditures
State unemployment
Ballroad
insurance
Jnenrployactivities
ment
[nenraiice
Transfers
Wlthdr avals
States
y
1936
1937
1938
1939
19U0
18.
313.'*
1.076.2
l,91l*.3
2,857.9
3.971.9
5.215.5
191*1
191*2
191*3
6,6li*.o
191*1*
8,180.9
19U5-)(arch.
April.
Kay...
cet
•
1/
2/
y
9.313.8
9.592.0
AecoTuit
General
2J
18.
1*1*.8
ltl*.2
5.935.0
7.28U.3
105.6
181.9
27U.3
383.7
1.8
105.9
105.9
105.9
105.9
s.ao.i
1*73.1
8.257.0
8,533-1
'*73.5
3.621.1*
l*.717.3
In dlstmrslDg
(Speolal officer'!
Deposit account
5/
Account)
18.
310.6
1,058.2
1.869.5
2,729.3
U75.6
82.6
131.5
1.0
192.0
633.8
1.133-1
1,688.2
1.0
192.0
633.8
1,116.7
1.550.0
1,918.0
312.1
88l*.2
1,280.5
17.1*
281.1*
2.065.1*
2,21*1.5
29.1
377.9
2,302.1
2,092.1*
2,152.1*
1.8
105.9
105.9
105.9
105.9
isA.z
38.0
1*39.0
2.35I.U
2,200.9
106.2
ioe.2
106.2
38.0
38.0
U39.O
2.357.7
2.365.0
198.
1*39.0
Treasury Statements.
Less than $^,000.
Excludes adrance of $1^ millions froa the Treasury and Bnl)seqaeat
repayment, both taking place In the fiscal year I9U0.
flepresents 903& of contributions under the Ballroad Unemployiaent Insurance Act; the remaining 10^ Is used for adalnlstratlTe expenses.
(See Section I. Table 3.)
Represents amounts transferred from States to Railroad Uneoployment
DGilly
to Sail'
road tbem1/
ployment
Insurance Benefit
Account parents
106.2
106.2
lU.6
Hi
1*3.2
1*3.8
i*i».5
l*i*.5
1,721*.
2,283.7
.150.1
.372.5
5,878.8
312.3
872.0
1,267.0
1.710.0
2,273.0
3,139.0
4.367.O
5,870.0
12.2
13.5
13.1*
l.U
8.0
7.8
U.O
8.5
2.7
3.3
1.5
5.915.0 6,911.0
3.6
5,956.1 6,936.0
7.227-0 7,219.0
19.8
.3
7.6
Inauranee Account equivalent to amoniAs of taxes collocted, vlth
respect to period from January 1936 to June 1939, Incluslre, froa
enployees and employers who come within tbo purview of the Railroad Unemployment Insurance kat.
Represents excess funds of the Ballroad Unemployment Insurance AdDlnlstratlon Fund (under Act of Oct. 10, 19I40).
IV>r railroad unemployment benefits and refunds-
July
1945
15
Appropriations and Net Contract Authorizations for the War Activities Program
As of May 31, 1945
tbta
^proved
Title of act
7Tth Coagreii,
Jat.
J^proprlatloDfl
Urat Saiilon
i/
H«t oontraet
author! lat Ion a 2/
•
Treasury Bulletin
16
^
Appropriations and Net Contract Authorizations for the War Activities Program
As of May 31, 1945 - (Continued)
Title of act
Net contract
authoriiatlose 2/
ipproprlationt
78th CoB^eee. Second Seeilon
Jtb. lU, 19Mt
^r.
1,
kpT.
U,
May
Jtlne
June
Jane
June
June
Juno
June
Juno
June
June
June
June
19UU
19M(
igWt
I9M4
19Mt
19'A
12,
22,
26,
27.
28, I9M
2S, I9M
28, 19'A
,
303
3'*7
352
I3kk
358
365
367
369
372
28, igUlt
28, 19UU
28, I9M
36, 19U
30, igUU
375
375
382
382
28,
Juno 30,
19't't
Hoc. 22, 19'A
Joint Eeaolutlon (farm labor and migration of workers)
First Deficiency Appropriation Act I'jMk
Public Lav (Federal Vorks Agency - public roads)
Joint Resolution (Labor Cepartment - naternlty and Infant care)
Haval Appropriation Act, 19U5
War Department Civil Appropriation Act 19^*5
Independent Offices Appropriation Act, I9U5
Departmente of State, Justice and Commerce Appropriation Act, 19'*5Department of Agriculture Approprlat Ion Act , 19^*5
Interior Department Appropriation Act, 19^*5
Katlonal War Agency Appropriation Act 191*5
Labor - Pednral Security Approprlat ion Act 191*5
Military Ap roprlatlon Act 191*5
Second Def 1 lancy Appropriation Act 191*1*
Defanee Aid Appropriation Act, 191*5
United Nations Relief and Hehabllitatlon Administration Partlclpatlo
Appropriation Act, 19U5
Foreign Economic Administration j^proprlatlon Act, I9U5
First Supplemental Appropriation Act, 191*5
,
.
,
,
-
,
Total, 78th Congrese, Second Seesion
79th Congrees. first Seasioa
Mar.
$
6.700, 000
27,569.798, 301 10/
10,1*00.000
1,600,000,000
1,1*51, 81(0
6,836,008, 91*3
^7.585, 000
30.700, 000
18,111*, 200
1,030,937. 2l*2
218,611, 829
I5,it3i*,8li*, 795
186,266, 52!* 11/
1*3,168.571*
2.500.000
1,880,000.000 6/
3,1*50,570, 000
1*50,000,000
19,750,000
1*10,291,029 12/
» 55.913.179,981*
60,000,000 6/
»J.596.06«.57'l
Juhf
n
1945
Cash Income and Outgo of the Treasury, by Major Classifications ^
(In
mllllou of doUu'i)
Treasury Bulletin
i«
GENERAL
FUND
OF
THE
TREASURY
Juh)
1945
19
Assets of the General Fund of the Treasury
(In
mllllou of dollari)
Bxilllon, coin,
and cnrrottcy
Dspoaita In
r«deral RoMrro
Bankc
.
e
.
Treasury Bulletin
Analysis of Change in Balance of General Fund of the Treasury
[in BlllloB* of dollart - Hot inereau or net deor«ata (-)]
Working balance
Chang* during f lactO.
year or aonth
Total
change in
Oener&l
fund
balance
Total
working
balance
General
and epeclal
account
Pablle debt
accounta
Irut
accounts
2/
Mlecellaneoue
fnade and
CtaMkUs
iBoroMat
•ocoQBta of
oa gold
afioounte
•goaeloi,
OoTonaoat
5/
•to.
193519361937.
1938.
1939.
-7U1
igito.
-9U7
-997
722
. '58
3I4U
gllO
-128
-338
622
19U1.
igUa.
19UU.
6,515
10,662
19¥*-»Uy..
Juno.
lU
19"»3.
Jnl7
1.756
-769 6/
1,067 6/
-70
-377
537
6,515
10,662
-3.209
-U.550
1.739 1/
5.U75 2/
-3.1'i9
2.7WI/
-l,38U
-J.5U2
792 2/
3.280 1/
2.528
5.99U
37
23.'t6l
6U,27"»
II
92
-'•9.595
611,307
1I18
ski
ao5
-5.3'K
-2.378
1.399
l't.637
282
-355
-170
7.570
1.229
-307
102
282
-308
29
35
130
311
253
-95
't.76l
112
257
-202
-iS
338
-138
-7
M07
-15
70
IS
1.756
252
-2.555
-5. 9^*7
-2.555
Ootel>er
-5.1S7
-188
12,U33
-5.127
-188
12.U33
-6.023
-5,587
-2.999
-2.630
-2.292
-2.036
-4,6lt5
March
-2,630
-2,292
-2,036
Mv...
-3.911
-1.7'H
-3.911
-I.7IH
.
.
-'*.252
.
.
HoTombor.
QBcombor.
1945-Jamiary..
ce:
*
1/
^
2/
kj
-5.551
-2.0W
15.626
-3.693
1.778
1.300
-2,5110
2)(2
-5,01*0
1.120
3.763
-6,190
Dally I^eaflDxy Stateoenta.
Leae than $500,000.
Bila la the net badgetery deficit. Excludes amounte for public
debt retirement which are chargeable to the einklug fond, etc.,
under special provlslone of lav.
Shis repreeente the increase In the groee public debt, except as
(See footnote 7*)
noted.
Includea Vederal Old-Age and SorrlTors Insurance Trust Ihnd, IbeiiiplOTinent Truat Amd, fiallroad fietlrement Account, OoTemment Ineurance and retlreDont fonds and other trust foude.
Comprlflee Public Works Idndnlatration rerolvlng fund and special
dapoeite (net). Also includes Office of Distribution (formerly
i^lcultural Marketing Administration) commodity food etemp transactions
Includes expenditures for retirement of national bank notes.
In the fiscal years I935 and I936, $91 millions and $55U mlllionB
.
5/
6/
-It,
768
-3.611
-5.103
-19.59s
-55.897
Septanbor
iu^Bt.
637
108
51
lUO
176
-xu
-1103
6/
5/
-99
-51
-5
3t
-217
-3.625
-2.19«
-liw
-88
were transferred from increment on gold to tha vorid.ng balaaoe for
retirement of national bank notes.
In thla atatanant, hoverer,
charges for retirement of national bank notes are raflectad directly against increment on gold, In the years during which the
retirements were actxially made. XnaotlTO gold in the amoont of
$1,087 oHlions for the fiscal yaar 1937 is oonaldered as a pari
of the working balance general and apadal aecoonta for the purpose of this table.
Sxpendlturea for the retirement of national baxLk notes from inerament on gold for the fiscal years 1935 ^o 1939 (^ shown below)
are not reflected herein, but are refleoted under Increment on
fold as follows: I935, $91 mllUons: 1936. $397 millions; 1937.
99 mllUons; 1936, $^1 millions; and 1939. $5 milllone; total.
$643 millions. The increases In the pabUe debt shown In the
table "Means of financing Cash fieqalremsnta" for the abore fiacal
years will not agree for the reason atatad abore.
July
1945
21
PUBLIC
OF
DEBT AND GUARANTEED OBLIGATIONS
THE UNITED STATES GOVERNMENT
.
...
5
3
-
.
Treasury Bulletin
Analysis of Issuance and Retirement of Public Debt
(In mlllloas of dollars)
19'Ki.
.
19U1...
19IK...
5.71S
8,958
6.199
',776
l|0,>t>40
>«2.9S8
lt«,96l
2,528
5,??t
13,166
17.81*7
37.16'*
Wl
61*, 271*
186,366
201.003
1.399
II*. 637
208,57"*
AUffUBt ....
209,802
209, U96
.
210,2Ult
HoTember.
December.
215.005
230,630
Octolser.
9.589
9,621
13.O8U
136,696
201,003
July
S«pt«nbar.
23.
6U,307
Adjusted
eerrtce
ness, epeclal
bonds
series &/
of Indebted-
1/
ll*,121
72,'l22
igiw...
Certificates
Oaeh
13.126
33.779
36.'tS
37.165
labile Is
Public iBsnea
1,648
5,078
2,9*6
7U0
3.275
28,701
193?...
193S...
1937. ••
1938...
1939...
Pabllc debt e^endltures
(Batlrement of public debt)
Pdbllc debt recalpte
(lasnance of pabllc debt)
ftibUc
Het change
dotit oatIn pobllc
debt
staadln^
during
end of
flical
fiscal
year or
month
1.6«9
11*1
7.700
27.837
12,162
10,151
10.991
7.570
1,229
-307
71s
U,76l
15.626
9.822
11.597
27.178
11,1*78
2,978
1.751
516
1,1*99
9.01*3
6,91*3
2.159
2.567
8,881
9. 809
3.035
2,812
10,1*62
3.11*2
122,632 91*, 961
153.785 123.958
1/
6,961*
7.19U
30.388
CMh
1*1*6
2.671*
13
7
7.'*75
Cftrtlfioates
Xzeess
Xxprofits
tax refand ohanges
bonds
2,11*6
6.301
13.199
U.672
6.971
U.592
8.922
11.298
i*.570
6,805
9.073
6,836
11.552
5.571
6.651
6,931
170
U.150
5.852
10,7(0
12.229
5.801
6,077
8,066
lt,lit7
10.727
8.85U
5.903
7.262
U,811
1.579
I.6I8
5.613
U36
21,1*06
6.391*
11,1*22
696
7.01*1*
2.511
511
5.920
l*,ltgl
526
6.092
10,928
22.762
3.1*92
205
170
U.190
1*28
211*
7.169
6.879
7.782
7
U.6I19
1*57
U.1U7
1*1*9
ifiril.
235.069
238,832
1.120
3.763
ll.**7
12.616
6,557
10,20U
U,811
1.579
•
1.1*73
2,812
3.1U2
89,1*78
I2.U7I
1/
3.035
1,W2
12,01*0
«a:
523
567
2.671*
l,0l*l
18,790
1.778
.1.300
2U2
Ma7...
2.978
1.751
1*91
5.876
233.950
7,630
6.96U
5.51*2
U.625
5,166
5.301
303
17.911
233. 707
.
'.305
5.680
5.816
8,693
33.675
63,202
Tobruai7..
March
19U5-JBBtiar3r.
changeE
10,638
11.853
13.703
58.358
1*07
232,<I08
epeolal
serlos 2/
laee,
Oailj Traaanry StatManta.
Laaa than $500,000.
Xxcludae cartiflcataa of Indabtadaasa, spaclal tarlaa.
2/
209
2,896
l*,lll
303
17.911
1,1*42
5.332
1*91
18,790
6, 991*
l,6l8
11
6,1*00
3.1*92
15
1*71
7
l*,6U9
Conalata of spaclal aeriaa of cartiflcataa of Indabtadnaaa loauad
dlractly and aolaly to Taderal Baaarra Baska.
Composition of the Interest -Bearing Public Debt
Intereat-^arlne pahlic daht outatandlng
Beroent of interest-hearing pahllc daht
(In mtlllona of dollare)
Bihllc laaoea
Ihbllc iacoea
Snd of flBCsl
year or month
Oertlfleataa
KoAmarket
aUe
19351936.
1937.
1938.
1939.
19I10.
27.61*5
ll*,87U
32.989
35,800
36.576
39.886
17.368
20,131*
22,OU3
25,1*11*
26,751
hie
62
1,261
1,188
1.556
2,151
10,023
11,381
10,617
3.166
30,1*11
191*3.
71.968
135.380
38,281
57.716
10,1*96
21,701*
6,383
5.698
6,689
9,168
I9i*i».
199,51*3
79,1*1*0
35,298
17,1*05
19ltl*-Ka7..
iei*,g7i»
72,733
33.671*
16,265
Jnne.
1*9.51*3
^s,mo
35.298
17.1*05
Jnly
Augaat
207.117
208,289
207.850
81'.
293
37.237
37.58U
38,028
18,067
18,067
17.936
208,608
81,1*66
210.771*
81,298
91.781
38.355
39.018
17.936
17.936
23.039
19U2.
flaptanhar.
228,891
191*5- January
Tahruary....
Hareh
Source:
81.1* 31
81,1*66
Ul,07l»
afcle
2,053
2.354
2.303
1.154
1.308
9.11*7
7.2l»3
1*2.376
1*8,387
191*1.
1,302
1.603
2,50s
9.557
3.096
16,561
28,822
9.050
9.557
25. 266
28,822
13.766
10,000
10,030
15.521*
9.12I*
30.035
30,001
29.573
9.075
9.990
9.8U3
29.51*6
29.51*5
30,1101
16,1*05
3.015
7.1*95
11,861*
xU.TJi*
14,731*
15.715
15.7U7
16,060
16, 428
626
1.558
2.676
3.770
leo.o
100.0
100.0
100.0
100.0
53.8
52.6
56.2
60.3
63.7
4,775
6,120
7.885
10,871
l4,Z87
100.0
100.0
100.0
100.0
100.0
63.1
62.8
PI
14,122
14,287
14,961
15.461
15.976
100.0
100.0
100.0
16,170
16.583
16,326
100.0
100.0
100.0
100.0
100.0
100.0
92.1*17
92.51*5
UI.858
30,1*01
16,1*03
9.927
30.396
232,026
92.572
U2.885
23.039
23.039
18,588
9.861*
231.851*
8,91*8
3i*.5l*U
16.399
16,921
16.688
17.130
17.567
233,063
235.761
92.572
92.572
te7
18,588
18. 588
9.109
10,031
31*, 1*78
1*4!
17.OU1
17.049
17.923
18.592
230,672
Dally Iraaaury Stataaanta
U2,l*18
Honnarketahle
Sonmarket-
Honnazkrk-
3I*, 1*1*2
3.8
2.3
1.9
4.3
7.3
9-5
36.3
34.5
29.7
26.0
18.2
11.3
12.6
11.0
8.0
7.2
E
15.1
39.8
16.0
17.7
6.8
8.7
12.2
14.4
39.3
39.8
18.2
17.7
8.8
13.7
14.U
7.6
7.2
39.2
18.0
18.0
8.7
8.7
8.6
14.5
1U.4
14.2
7.2
7.4
7.7
8.6
8.5
10.1
14.2
14.0
13-3
7.8
7.9
7.1
lU
39.1
39.8
18.
18.4
18.
17.9
40.1
39.9
39.9
18.1
18.3
39.7
39.3
18.6
I8.9
18.
U.g
'*.3
10.0
9.9
8.0
8.0
7.9
7.2
7.6
14.8
14.6
7.7
7.9
July
23
1945
Detailed Statement of the Public Debt and Guaranteed Obligations
of the United States Government
PART A
-
FISCAL
YEARfl,
1955-19114
(In mllllone of dollara)
2"t
Detailed Statement of the Public Debt and Guaranteed Obligations
of the United States Government - (Continued)
PART A - FISCAL YEARS, 1935-19l*4-( Continued)
(Zn millions of dollars)
Treasury Bulletin
Juhf
25
1945
Detailed Statenent of the Public Debt and Guaranteed Obligations
of the United States GovemDient - (Continued)
FiLRT B
-
(IB
MONTHLY DATA- (Continued)
lllioni of dollart)
Treasury Bulletin
26
INTEREST -BEARING PUBLIC DEBT AND GUARANTEED OBLIGATIONS
OF THE UNITED STATES GOVERNMENT
1935
"36
'37
38
-End
39
40
of Fiscal
-41
Yeor—
42
43
44 Moy
(-^
31,
1945
1935
'^
'36
'37
'38
End
39
40
of Fiscal
'41
Year
42
'43
44 May 31,
^
1945
1945
July
27
Guaranteed Obligations Held by the Treasury
^
(In mlllionB of dollars)
Commodity
Credit
Corporation
Snd of fiscal
year or month
Federal
Farm Mortgage
Corporation
Federal
Public Bonolne
Authority
Home Ownere
Loan
Corporation
Beconstructlon
Finance
Corporation
19351936.
193719381939.
3.655
igito.
lou
302
ll40
'•079
T.535
10,717
too
1.950
900
263
27't
2.53"*
366
283
398
5.033
8,Ul6
10,626
10.717
900
900
371
366
398
398
607
580
8.29't
10,993
11,312
900
1,000
863
398
398
398
5H9
8,730
8,99U
398
398
398
U68
U39
U20
9.078
9,201
9.206
398
398
398
387
351
32U
9,239
9.213
9.067
398
398
30i»
281
8.965
8.927
3.655
U,03o
3.605
't.030
3.630
383
273
19U1.
19U2.
I9>tv
19IA.
i^Wt-nir.
June.
July
An^st..
.
861*
2113
2<=i
n.in
Septeahar.
Octo1>er...
85
1.035
1.099
1,155
VoTemher..
Decemher..
11.50U
igltS-Jaiiuaiy.
Tennessee
Valley
Authority
February.
H.735
March
11,563
1.173
1.588
1.596
i^rll.
toy...
11,603
11.320
1.51*6
266
258
116
111
1.762
Dally Treasury Statements
Less than $500,000.
1/
8,Ul6
9,081*
These sscurlties
anteed ohligatio:
re not included in preceding statements
outstanding.
Computed Interest Charge and Computed Interest Rate on the Public Debt and Guaranteed Obligations
of the United States Government
(Amounts in millions of dollars)
Aid of fiscal
year or month
Confuted
annual
interest
charge
Con^ut ed
nwmiwl rate
of interest
(Percent
Ouaranteed obligatione 2/
Public debt 1/
Public debt and guaranteed obligations
Interest-bearing
debt outstanding
Computed
annual
interest
charge
Computed
annual rat e
of interest
(Percent
(In millions of dollars)
(In millions of dollars)
Computed
annual rate
of Interest
(Percent)
Interest-bearing
debt outstanding
(In milllCnB of dollars)
1*1,1*28
1,068
2.716
2.573
2.588
2.579
1*5.336
1,11*9
2.531*
1*7.871*
1,203
1.335
1.729
2.759
3.869
2.511*
2.U38
2.260
1.978
1.925
1*2.376
1*8,387
1.095
1,218
71,968
135. 380
1,61*1*
199.51*3
3.81*9
3.618
3.«69
1.91*1
1<>»,87>»
3.598
1.925
199.513
3,81*9
I.9I6
1-929
1.529
1.516
1-325
1.335
1.922
1.923
1.933
207.117
208,289
207,850
3,990
1,015
1,026
1.927
1.928
1.937
1,168
1,175
1,180
1.326
1-333
1-339
1935.
1936.
1937.
1938.
1939.
31.76s
37,707
863
970
1*0.1*65
1,01*7
191*0.
191*1.
51*. 71*7
191*2.
76,517
191*3.
139.1*72
191*1*.
201,059
19W*-Hay..
Job*.
186,1*03
201.059
27.6^5
32.989
35.800
36.576
39.886
1.037
92U
91*7
2.679
2.715
2.562
2.582
2.589
2.600
1.123
I.718
1,665
1,853
5. 150
2.583
2.518
2.285
1-979
1-929
5.I98
6,360
I.5I9
1.092
1.516
125
123
109
m
85
2.720
2.650
2.633
2.198
2.052
1-978
1.831
1.861
July
August...
Septembsr
208.585
209. 76U
209.331
u.oio
1.035
October.
Bovembsr.
December.
210,088
212.21*1*
lt,06l
l*.093
230,361
U,i»i3
1-933
1.928
1.916
208,608
ao,77i*
228,891
1,0ll
1.073
1.393
1-937
1.932
1.919
1,180
1.170
1,170
I.3I7
1-355
1-367
232,168
232,968
l*.l*57
1.920
230,672
U,l|82
1.921*
231,851*
233.11*5
lt,l|88
1.925
232,026
I.I37
1,165
1,172
1.921
1.926
1-927
1.196
1,111
1,119
1.369
1-157
1.I5I
23l*,19l*
1»,512
1*,570
1.927
1.929
233,063
235.761
1,196
1.553
1.929
1.931
1.132
1,151
19lt5-January..
February.
March. . .
April.
Hay...
Sourcs:
1/
236,912
u,oite
Dally Trsasury Statements.
Treasury bills are included in interest-bearing debt figures at face
amount, but for purposes of calculating the computed annual interest
charge and the computed rate of interest, the discount value is used.
For the purposes of computing the annual interest charge and rate of
1.II9
17
i.m
interest on United Stages savings bonds, Series A-I are considered
to yisld 2.90^ per annus and Series F is considered to yield 2.53^.
Ouaranteed securities held by the Treasury, and securities guaranteed as to interest only, are not included in this table.
28
Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued or Guaranteed by the United States^
As of May 31, 1945
Treasury Bulletin
July
1945
29
Maturity Schedule of Intereet-Bearlng Public Marketable Securities
Issued or Guaranteed by the United States 3J
As of May 31, 1045 - (Continued)
(la
Tmt
ud
ontb
alUleiu af lollari)
..
)
Treasury Bulletin
30
Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued or Guaranteed by the United States i/
As of May 31, 1945 - (Continued)
(la aiXllona of dollart)
Sctallad umutl aatilTltlOf
StBorlptlon of ocurity 2/
(Oftto of
iBsuo Is ihowB In p«ranth«tot)
•tatuo
^
TlXMlatnrltjr
Isrj*!
Total annual Batnrltlea
Callabl* la«a«i
olMilflaA ij j»%z of:
aaturltj
1960-^lar....
Sac...
3-7/«)t Treaa. Hond,
S-jMlnu.
3/15/55-60
Iwni, 12/15/60-65
(3/15/35)
(ia/l5/3«)
partially
partlallT
total
Panama Canal tond, 6/l/6l
1961-Jana.
.
3)(
1962-Jnna.
.
2-l/j)t Ireaa.
bond.
6/15/68-67
2-3/^ Troaa .
Dond ,
6/I5/5S-63
12/l5/63-6«
1963-Jnna...
Sec. .
.
2-1/2)8 Troaa. tond,
nxsdr-aatnrltjr
laanaa ploa
callabla loaoaa
olaaslf lad V7
70117 of llrat
call
Tlxad-aaturlty
laaoaa plua
eallia)]:*
lanaa
daaslflsd
tijr
7aar of final
natoritj
2,611
1,U85
l.MSS
1.1(85
3.761
3.838
7,600
7,600
2,611
(6/l/U)
(5/5/'»2)
(
6/15A8
(12A/U2)
Total
2-1/2* Traaa . Ijond , 6/l5/61l-69
2-l/l?t Traaa. bond, 12/l5/6>4-69
19e>l-J'nna.
Sac.
(
U/15 A3
(9/15A3)
Tot al
2-l/2)t Troaa. bond,
2-3/>l> Traaa. bond,
Sac.
3/15/65-70
12/15/60-65
(2/lM)
(12/l5/38)
tSLxabla
2-l/2)t Troaa. bool,
3/1 5/66-71
(.12/l/Vi)
1967-Jnno...
Sept...
2-1/2)6 Troaa. bond.
2-l/2)S Troaa. bond,
6/15/62-67
9/15/67-7?
(10/20Al)
Sac.
.
..
2-1/2)1 Troaa . bond ,
2-1/2)8 Traaa. bond,
6/15/6IU69
12/l5/61l-^
1972-Sapt...
^
^
2,118
(
U/15 A3 )
3,761
3.838
(9/15A3)
7.600
3/15/65-TO
2-1/2)6 Troaa . bond
,
3/15/66-7I
2-1/36 Troaa. bond,
9/15/67-72
2,716
(UAAs)
(
7,600
2/l/Wt)
5,197
IS/lM)
3. "til
iMi
2.716
2.716
(
(l0/20Al)
taiablo
Sally Troaaory Stataaant, and reporta to the Treaauxy.
Ixcludee poatal aarln^a booda, federal Honaln^ idnlnlatratlen dabantnraa, and ^naranteed aeourltlea held by the Treaatucy.
Z/ It abonld be noted that oallable laanea appear tvlea In tbla colnsn,
once In the year of flret call and a^ln In the year of final matnrlty.
Callable laanaa vlth reapect to vtaich a definite notice of
call haa been nade. hoverer, are Hated aa fixed natcritiae.
federal aeonrltlaa fall into three broad ^onpa vlth reapect to in-
flonrcol
3,U«1
2.716
Total
2-1/2)6 Traaa. bond,
1,1(85
(sAAs)
2,716
2-l/2)( Troaa. bond, 12/15/63-68
1,U85
3,l»«l
Total
1969-Jtma.
1,1485
5.197
196&J<ar...
1968-Sec
5.197
partially
Total
poaltion of federal IncoDe taxea on income derived therefroa.
'Vholly* tax-exempt eecorltiee are exempt from both the normal and
anrtax rataa.
"Partially" tax-exempt eecnritiea are exempt from the
noraal rataa except that in the caae of partially tax-exempt Treaaury
and aavln^ bonda, intareat derired froa $5,000 of principal aaoont
"Taxowned by any one holder ia alao exempt froa the anrtax ratea.
able" aeenrltiea are anbject to both normal and surtax ratea.
July
1945
31
Offerings of Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness
Dkt.
t.rat of
offering
«.r*
anaonneod
Back Flgorati Tor period Decanber X9Ul through Jidy 19U3, eee "fr^mwary
Bulletin" for BoT«mber'19Ul4» pag« 3a.
Prellnln&ry.
In the case of the reopening of a preriottily offered eeeurlty. the
period to first call and to maturity are calculated from the date
Interest commences on the reopening.
2estrlcted issues are those which commercial banks (defined for this
purpose as banks vhlch accept demand deposits) are not permitted to
acquire prior to a specified date, with two exceptions:
(l) concurrently with the fourth, Tlfth and Sixth Var Loans, commercial banks
vers permitted to subscribe to the restricted issue offered In the
War Loan for limited investment ot their saTlcge deposits; (2) commercial banks may tasporarily acquire restricted Issues through
foreclosure when such Issues hare been used as collateral.
Consists of all public cash subscriptions and of subscriptions by
0. S. GoTemment agencies and trust funds.
. •
Treasury Bulletin
32
Disposition of Matured Marketable Issues of Treasury Bonds, Notes, emd Certificates
of Indebtedness and Securities Guaranteed by the United States
Date of
refunding
for exchange
traneaction, oi
of retirement
for caeh
traneaction
Amount of
maturing
or called
security
outstanding
Description of called or maturing
accurlty 1/
(Date of iasue ie shown in parentheses)
Amount
for cash
retirement
Description of new
security offered
Amount
exchanged
(In millions of dollars)
8/2/l»3
Certificate-
7/8JS
(8/15/1*2)
(6/15/1)0)
8/1/1*3
9/15/1*3
1.609
279
H
Ireas. note -
10/l5/'»3
3-l/l*)S
Treas. hond - 10/15/1*3-1*5
12/1/1*3
12/l5/'t3
Certificate- 11/1/1*3
7/8i5
Certificate- 12/1/1*3
7/8*
1-1/8:8 Treas. note - 12/15/1*3
(11/2/1*2)
(12/1/1*2)
2.035
3,800
(12/15/38)
U21
2/l/UU
2/l/UU
(2/1/39)
(2/1/U3)
llU
2.211
{3/15/3U)
(5/I5/3U)
(7/3/Ul)
(5/1/3U)
(U/16/3U)
(11/1/39)
(S/15/39)
95
835
571
779
1.519
515
U16
9/l5/'t3
2/1/Uit
2/1/Ult
1-3/858 TPHA note
-
Certificate-
7/8^
nwo bond
miO bond ETC note
HOLC hond
3*
3-l/Ui8 Treas. bond Treas. note lj8
3/U*
Treas. note 3j8
1)6
3/15/UU-6U
5/15/UU-U9
U/15/UU
5/1/UU-52
U/I5/UU-I16
3/15/UU
6/15/UU
239
U/l/UU
5/1/UU
S/l/UH
7/8*
9/l/l»U
7/8)8
7/8)6
7/8)5
3/U)b
1)6
19
130
175
296
12/15/lA
2/l/'*5
3/1/U'
(U/I5/U3)
CertificateCertificate-
U/l/UU
5/1/UU..'.
(5/1/1*3)
Certificate Certificate -
8/1/UU
9/1/UU
(8/2/U3)
(9/15/'»3)
5.251
1.655
2.5U5
U,122
Treas. note Treas. note -
9/15/UU
9/15/UU
(1/31/Ul)
(12/22/39)
635
283
7/8f.
7/8)6
CertificateCertificate-
U)6
Treas. bond - I2/I5/UU-5U
7/84
(IO/I5/U3)
(I2/I/U3)
37U
UO
3U
(2/l/UU)
(3/15/UO)
3/15/U5
(9/25/1*2)
7/8*
3/1/U5
X change
jsactlon of 3/I/U5.
Uoo
17
..
U,U5l
30U
66
U/I/U5
(U/l/UU)
5/1/1*5
(5/I/W
U.877
1.615
Certificate -
6/I/U5
6/I/U5-U7
(6/26/UU)
(6/1/39)
U,770
755
-
35
Totals for exchange transaction of 5/21/U5.
Back rigures: For period December 19UI through July 19U3 see
"Treasury Bulletin" for NoTember I9UU. page 33.
Preliminary.
p
3/I/U5
9/15/56-59
3/15/65-70
9/15/U8
U/I/U5
5/I/U5
8/I/U5
9/I/U5
Certificate
Certificate
Certificate
Certificate
Treas. note -
3/15/U6
IO/I/U5
1/1/U6
7/8*
• 90*
1-1/U* Treas. note
Treas. bond
2*
2-1/2* Trees, bond
CertificateCertificate-
1-1/2)6 HOLC bond
7/8*
7/8*
3.U92
3.UI6
U.6l(9
2.127
718
1,606
3/15/1*5
7/8)6
27
3.519
3.5UO
5.0U3
Treas. note Treas. note -
.90)6
3/U)8
Tre
602
185
5.U60
2/1/U5
2/15/U5
.90)8
10/1/UU
12/1/UU
130
5.0US
U12
-
Certificate Certificate -
2-l/U)6 Treas. bond 2-1/2* Treas. bond 1-1/2* Treas. note -
U.877
1.615
2.511
3.69U
(2/l/UU)
(7/21/Ul)
Certificate-
7/8)8
7/8)6
76
705
559
60U
1.223
U83
270
(12/15/2U)
1-1/U)8 Treas. note -
7/84
5/21/H
10/1/UU
12/1/UU
3.51*0
Totals for exchange transaction of S/l/Uj...
1-1/8)8 COC note
Totale
U/1/1.5
5/l/'«5
1.161
2-1/2)6 Treas. bond - 12/15/6U-69
Treas. bond - 9/15/51-53
2*
3.919
Totals for exchange transaction of 9/15/UU..
10/1/UU
12/1/1*
7/8)8
1.939
260
U21
U.729
Totals for exchange transaction of 3/I5/UU.
9/15/l«lt.
l.Uoi
8/1/UU
Certificate
1.556
'
3-l/Uj8
3/15/1*
(10/15/33)
53
279
1/
2/
9/1 5/ U7
12/15/52-5U
3/15/66-712/
7/8*
Certificate
-
2/1/U6
2.109
U93
I.5U6
7/8*
Certificate
-
3/1/U6
U.gll
1.579
7/g*
7/8*
Certificate Certificate -
U/1/U6
5/I/U6
Treas. note -
7/1/U6
395
583 p
32 P
U.187P
615 p
U,910 p
723 P
88 p
96 p
Original call- and maturity dates
Not available to commercial banks
July
1945
33
Offerings and Maturities of Treasury Bills
Table 1.- Description of Treasury Bill Offerings and Amount of Maturities
(Anounts In mlllloDfl of dollars)
Description of
:
Amount of bids accepted
Number of
maturitjr
iglA-Ha?
Ma7
Ma;
Ha;
June
June
June
June
June
July
July
July
July
Aug.
Aug.
Aug.
Aug.
Aug.
25'
1.
8.
15.
22.
29.
6.
19Uli-Aug.
Aug.
Aug.
Aug.
Aug.
Sept.
Sept.
Sept.
Sept.
3.
10.
17.
2U.
31.
7.
lU.
21.
2B.
Oct.
13.
20.
27.
3.
Hot.
Hot.
16.
2U.
31.
Sept.
7.
Sept. lU.
Sept. 21.
Sept. 28.
Oct.
Oct.
Oct.
Oct.
Hot.
Sot.
Mar.
Har.
Mar.
Har.
Dec.
Dec.
19U5-Ja
reb.
reb.
15.
23.
Mar.
Mar.
Mar.
Mar.
Mar.
1.
Apr.
Apr.
Apr.
Apr.
May
May
May
Hay
Ha;
g.
13.
22.
29.
5-
12.
19.
26.
13.973-7
ll*,ll40.S
1,007.7
I.OIU.5
114,91*3.0
2,215.1
2,0U3.3
2.07U.3
1,216.3
1,203.8
1,206.6
1,167.1*
1(8.8
1,11*9.
2,177.it
l,211*.l*
5U.U
59.7
56.2
2,010.U
2,001.1
l,211*.l
1.851.6
1,831.6
1,210.9
1,205.8
1.209.9
1,210.2
1,762.1
2.OO5.U
1.2ll*.g
2, 033.
It
1,206.9
1,156.6
1,150.3
l.llt3-7
1,11*8.1
1,153.2
1,161.9
1,151.3
1.152.5
1.161.5
1,311.0
1,260.6
1,261.7
15.
23.
1,932.1
2,078.5
1.21*7.7
2, 061.
1,300.6
1.313-5
1,203.7
l,97't.8
l,20i*.9
1,931*. u
1,207.0
1,217.2
1,202.3
8.
15.
22.
29.
1,007.1*
1.035-5
1,016.1
1,001.1
1,009.7
l,15lt-9
1.
8.
1.
13.365.8
13,559.3
13.765.8
50.7
52.6
52-3
55-1
52-9
I.IU6.9
1,158.2
2,01)0.8
1.868.2
l.3li*.3
l.25l».l
l,25l*.6
1,017.1
1,206.9
1.206.3
57.0
1.215.3
15.720.9
15.72U.9
15.72U.3
15,720.1
15,715.0
1*5.
1.202.6
1.201.0
1,211.6
1.207.8
15.719.2
15.733.1
15,737.0
1.216.3
1,203.8
1,206.6
15.7^9.1
15.857.8
15.965.1
16.059.6
63.5
63.1
56.7
56.1
58-7
59.7
5U.3
l,211*.l
1.211*.l»
l,21'*.l
52.6
52.9
51.U
65.1 1/
1,210.9
1,205.8
1.209.9
1,210.2
1.137.8
1,135-0
1,151.0
1,152.8
67.1
72.0
66.2
1.206.9
1.153-5
1,227.1
1.229.2
51.5
75.9
73.1.
U9.U
69.9
1,258.0
1.252.7
57.8
57.5
2U.
1,21*9.8
1.21*2.7
fd
31.
2,065.8
1,311*.2
1.255.1
7.
2,U36.1t
lU.
2,085.8
2,075.2
2,022.1
1,310.2
1,316.1
1,302.5
1,21*9.6
1,253.1*
1.233-9
59.0
60.5
62.7
68.6
l,31l*.0
1,2511.0
60.1
1.271.1
1.21*3.2
1.315.8
1,310.2
1,300.1
1.308.7
16,393.9
16,1*03.3
1,311.0
16. 1*08.1
1,31 1*.3
l6,li0l*.0
1.300.6
1.313.5
16,1103.5
1.203.7
16.398.7
16.509.2
16, 611*.
16,723.6
16.808.9
16,920.7
1*6.0
1.201*.
17,032.8
1,303.0
1,302.6
1.318.U
17,01*1.2
12.
19.
26.
2,092.1
2.109.3
1,251*.
60.8
63.2
56.0
2,01*8.7
1,311*. 3
1,261*.
1*9.5
2,012.9
2,029.9
2,067.9
1.307.1*
1,307-lt
2,01*3.1
l,3ll».lt
1,252.9
1,255-1
1,262.1
1,263.0
52.3
51.0
51.U
191*3.
16,1*11*.
16,1*05.1
1,207.0
1,217.2
1,202.3
1.317.1
1.303-9
1,318.2
1,310.3
the Treasury.
bills dated May 12,
16,1*1*3.7
1,201*.
1,81*2.8
2,l61*.0
Serrlce; amount of maturing
Dally Treasury Statement
l6,i*olt.5
16.1*27.6
1,218.0
1.312.6
1.313-9
1,308.9
1.21*8.1*
1.313.1
i6,35it.7
l6,lt58.3
16,1*119.8
l6.ltl*2.o
1,315.8
1,310.2
1,300.1
1,308.7
Aug.
Aug.
16,156.5
16,259.9
l,2ll*.8
2,056.7
2,027.9
1,891.8
1,888.0
1.255.0
15.71*7.'*
1.215.5
1,218.2
May
May
Ma;
Kay
5.
15.132.3
57.5
60.6
62.0
61.9
1,303.0
1,302.6
1,318.
21
28
536.2
llt,73lt.l
i5.325.it
2,198.2
2,195.0
July
July
July
Jul;
ll*,
15.523.9
2,1*65.0
2,157.1*
Hay
June
June
June
June
li».325.7
1,015.9
Apr.
Apr.
Apr.
Apr.
1,201*.
IS.ISU."!
1,013.1*
50.1*
1,262.1
1,138.6
Total bills
outstanding
(as of date
shown In
first column)
1.002.3
1.005.7
1,012.7
1,007.7
1,11*8.7
1,156.5
Amount of
maturing
Issue (as
of date
shown In
rirst column)
50-5
59.0
59.3
57.0
1,201.0
1,211.6
1,207.8
2,21(0.9
2,261..U
Data on new Issues come from Public Debt
issue and total bills outstanding are on
basis.
Annual Reports of the Secretary of
Back Figures:
Commencing with the offering of Treasury
1/
Source:
1.16U.6
1,150.0
Amount on
fixed-price
basis 1/
1,887.1
1,990.1
2.193-9
2.173.8
2,308.9
2J.
Aug.
Aug.
31-
966.6
1,161.9
1.253.9
11.
18.
Dec.
Dec.
1,157.1
1,218.0
1,312.6
1,313.9
1,308.9
Jan.
Jan.
Jan.
2l|.
1,11*3.0
1,1'»7.0
l,2llt.l
2,308.0
2,197.0
2,183.9
2.356.3
13.
16.
1,017.1
1,206.9
1,206.3
2,2UU.5
U.
Teb.
reb.
reb.
Teb.
Mar.
Amount on
competttlT
basis
1.215.5
1.218.2
19U^Jan.
26.
2.1U9.7
2.172.7
2.170.2
i.gsa.u
2. 088.
5.
19.
Amount of
bids
tendered
1.31l*-2
17.039.8
17,037-0
17,01*1*.
17,01*8.7
17,01*8.9
tenders for bills in the amount of $100,000 or lees from ai^ one
bidder were accepted in full at a fixed price of 99.905 per hundred.
This amount was Increased to $200,000 or less coimaencing with the
offering dated NoTamber 30, 191*.
Treasury Bulletin
3^
Offerings and Maturities of Treasury Bills
-
(Continued)
Table 2.- Prices and Rates of Treasury Bill Offerings
Total bids accepted
Average
price
per bondred
Xqol Talent
July
1945
35
Sales and Redemptions of United States Savings Bonds
Table 1«- Summary of Sales and Redemptions, by Series
(In sdlllona of dolIarB)
Sales
JOacrant
outetandlng
end of
flBcal Tear
or month 1/
Het change
during
fiscnl year
or montb
Salai to
Inve store
other than
conmerclal
M&tnrltles
azid
redenptloas
Original
porchaBo
price 2/
Sales to
eonnorelal
1>BZ]]CS
Interest
accrued
2/
^aaJcB
62.0
316.1
799.6
1.237.7
1.868.1
1935
I93fi
1937
193«
1939
igw
igui
19US
19^}
2.90U.7
U.31U.0
10,188.2
21.256.2
19l|It
311.606.1
62.0
62.6
.5
.5
•I-2511.1
2611.0
1.2
U.2
I183.5
1(38.0
512.6
7.2
17.1
28 .0
36.2
66.6
82.0
11.1
35.9
65.6
80.0
I187.5
630.5
6SU.5
1,036.6
1,108.7
112.1
iii*.3
110.8
1,1109.3
5.87't.2
1,1*92.1*
1,1*92.1*
65.0
lUS.l
1112.8
5,99lt.l
5.99lt.l
11,788.7
11.788.7
15.139-5
87.5
127.6
223.2
207.1*
11.068.0
13.350.0
2.370.9
200.9
8UI.3
2,357.8
226.9
278.7
283.0
276.9
281.2
15.1*97.7
32.987.0
1190.2
Job*
31^.606.1
1,619.2
July
August
8«ptem%*r
36.537-8
36.883.5
37.323-3
1,931.6
2.125.1
31*5.7
1*39-8
602.lt
October.
HoTenber.
December.
321.1*
695.0
3«,30S-2
663.6
1,023.1*
110,360-8
2,052.6
2,385.8
69U.U
999-7
2.353-5
iglt?- January..
ltl,lli0.3
1,0711.2
8I18-O
889.1
19ltlt-Ma7
.
37.6UI1.7
81*8.
71*8-1*
1.765-lt
692.1
2.089-0
600.0
691.1
36.1
2.11
33-5
21.9
30-7
26.9
22.6
32-0
too.
382. U
l,07l».2
116.7
3U1.11
SUS.O
839.
33.0
36.0
1*63-8
Tebmary.
111,698.2
779.5
557-9
March
12,159-5
I161.3
iprll
1»2,
625-6
U66.1
8V-6
U3. 767.0
1.11*1. li
8J7.6
Itey
1,5110.1
1,5110.1
je.\
365.3
225-11
380.0
362-9
323.1
to3,6
U26.5
Serlee 1-S 6/
1935
1936
1937
193«
1939
62.0
316.1
799.6
1,237-7
1,868.1
62.0
62.6
25U.1
261t.0
n-2
11-1
I183.5
1138.0
512.6
>t87.5
630.5
68U.5
36.2
66.6
82.0
65.6
80.0
19110
2,9011.7
1.036.6
1*2.1
110.8
3.650.2
7i*5.5
111*. 3
igui
19U2
1913
II12.2
-1*6.1
3,608.0
3.62U.8
3.8
65.0
85.9
92.0
96-0
11*7.5
3.60I1.2
132-7
88.2
79.3
126.2
81.8
71.7
1:1
6.5
5.6
igw
-
•
16.8
5
iglA-May
June
3,622.9
July
Sipteaber
3.632-7
3.63U.2
3.636.2
October...
HoTember.
December.
3.637.2
3.636.3
3.638.0
1.0
3,61*5.0
3.61*7.3
7-0
2.3
3.629.1
-18.2
8-3
7.7
6.0
25.9
3.613.6
3.597.1 1/
-15-5
-16.5
6.9
5.7
22.1*
1-5
33-1
60.0
688-6
2.099.9
3.62I1.8
iu^et...
19lt5-January.
.
February.
March
^rll.....
Mey
7.9
6.8
6.6
5-5
+1.6
2.0
6.7
5-5
-9
1.7
19113
1911I1
21,12l*.8
i9ie
203.1
3.1)67-7
7.615.8
9.838-2
203-1
3.526-3
8,271-3
11,819.7
I.II15-3
621*. 3
1.31*9-8
62U-3
1.3U9-8
1,507.5
1,686.5
1.686.5
In^uet....
September
266.6
357.9
1*99-1*
October..
BoTember.
December.
23.501.7
23,970-8
25.51U-5
2lll*.9
386.7
June
July
igltj-jaauary
.
26,0111.9
26. 1128-0
1169.0
l,?»3-8
527.1*
7-0
5/
22.2 1/
118.1*
21*9-7
60.0
688.0
2.0911-7
21*8.8
219.7
a8-9
195-6
1*99.1*
196-3
2l«.7
590.8
590.8
a.
25l*.7
253-7
598.6
806.8
1,855-3
598.6
8O6.8
1.855-3
18.9
15.8
22.2
372.5
353-6
333-7
370.9
351-9
332.1
S03-S
653.2
712-1
S03.8
653.2
712.1
305-9
290-5
to6.il
3OU.2
288.8
to3.9
358-7
375-9 2/
373.1*
386.1
332-2
iprll....
27.109.3
31*9-1
68U.U
6sk.k
May
27.9W.5 1/
839-2
l,19l*-7
1.191*. 7
.
6.0
17.3
13.0
26.760.2
Tebruary
March
5.0
6.7
11/8/
205-1
3.528-3
8.271.3
11.819.7
22,632.3
22.898.9
23.256.9
igitii-May
u
1I1.9
Sertea
203-1
3,670.8
11,286.6
19111
•5
(COBtlBUed on follotflns pa^e)
23.
20.ll
2W.7
356. u
!
U
....
U
Treasury Btdletin
36
Sales and Redemptions of United States Savings Bonds
-
(Continued)
Table 1.- Summary of Sales and Redemptions, by Series
-
(Continued)
(In mlllloziB of dollars)
Hatorltlee and redeoptlone
Sales
imomit
out Bt as ding
end of
fiscal year
or month 1/
Het change
during
fiscal year
or month
Sales to
InYS store
other than
commercial
banks
Original
pirchase
price 2/
Sales to
con&erclal
Interest
accrued
2/
s«rt.t » 2/ 2/
19IH
19'w
66.6
-^66.6
1(98.9
U32.3
19't3
19UI1
i.aUa.j
1.995-7
7't3.'»
+753 -"»
66.7
U3U.9
757-9
802.2
I9ltlt-M»y
1.885-9
1.995-7
•no.o
•H09.8
2,091.2
2.102.3
2.113.3
+95-5
Jem*
July
iOffXMi.
..
8«pt6mb«r.
Octobar...
HoTeiib«r.
DtoMib«r.
19'>5-J*B'>*'7---
T»bniaz7.
March
April
M»7
11.0
•m.o
•g.2
66.7
757-9
691.2
2.9
17.0
57-7
15-3
115.1
1U.6
89.1
tl
101.1
17-8
16.0
88.3
17.0
15.8
113U.9
19UZ
leu?
19Ult
19Wl-Hay
Jona
l.U
26.5
U2.0
??•'
26.5
2.U
1.3
1.1
7.'»
IS-''
2.376.3
19-1
2.'t33;3
+57.0
23.1
62.9
23.1
62.9
1.8
1.7
5.8
7.7
39U.0
2,lnU.3
5.119.2
7.860.8
•f39U.O
39l».6
2.020.3
2.70H.9
2,7Ul.6
2.032.1
2.759-5
2.875-6
39U.6
2.032.1
2.759-5
2,628.5
7. '•98.7
95.>t
7.860.8
362.1
111.1
377.3
10« .6
•5
1.5
50.7
Ootobar...
loTaabar.
Oaoaabar.
8.3811.2
8.5112.6
67-3
158-3
388.0
82.8
173-9
82.1|
.It
158.5
I405.9
38U'.l
15.U
21.8
19'^January...
9.138.8
9.28U.9
208.2
IU6.I
128.0
228.3
16U.I
150.5
228.3
I6U.I
150.5
Tabruary.
MsTOh
•
8,930.6
9.'»12.9
^rll
9 526.1*
»ta7
9.788.2
Sourca:
r
•
1/
2/
27
U/
S/
6/
Jj
8i;.5
Dally Traaauxy Statamauta.
Bavlaad.
Laas than $^.000.
At current redemptloa values xcapt Serlae 0, vbtch 1b atstai st par.
Sstlmated. except for Series
edamptlon valuaa, aaa
Itor details concerning Invaetment yields and
"Ireasuiy Bulletin" for May I9U5. page A-1*.
Commarelal bank purchases vera permitted prior to April 1. 19><0.
and are estimated to have aggregated about $300 millions.
Sot yet aTallable.
Series A^D, sold between March 1935 and April I9IH, are 10 year
discount bonds sold at 75^ of maturity Talue. yielding 2.90^ per
annum if hold to maturity; purchases were limited to $7.5^0 Issue
price In any calendar year and from April 1, 19'<0, could be mad*
only by IndlTlduale. Series A bonds began to mature in March 19U5.
For Information on the qiproxlmate monthly dletrlbutlon of maturities durli« 19U5 see "Treasury Bulletin" for March 191*5. pa«e A-2.
The small amounts of matured bonds which haTe not been redesaed remain In the amount outstanding.
There were $51.7 millions of Serlee A-D and I sartngs bonds redeeoed
through May 31, 191*5 which had not been identified by ssrlaa. Tor
purposes of this table. It has been assumed that all of these were
Series Z bonde.
:
8.6
9.1
1^
J/ 2/
31U.2
83.7
. . .
7.U
U2.0
337.5
85-3
85.3
Saptambar.
6.7
6.9
6.9
19.2
320.8
66.5
68-9
An^at
6.8
6.9
7.0
37.0
8.181.6
8.2M8.1
8.317.0
July
7.6
6.3
2.31U.6
2.338.0
2.357-3
23.1*
6.2
6.U
7.1
13.7
l«.7
12U.7
37.1
57-'»
H
•H19.1
2.121.5
2.158.5
2.277.6
Sariee
19'H
1.5
.9
2.9
17-0
•5
5
11.8
5U.5
13U.O
11.8
5U.5
13l*.0
15-7
15.1
15-7
16.7
18.8
I6.U
16.7
18.8
15.5
15.5
17.9
15-5
15.5
17.9
20.1
18.0
20.1
18.0
22.
22.
16.6
20.6
16.6
20.6
15.1
16.
Series I, on sale since May 1. I9U1. Is a 10 year discount bond
sold at 75)t of maturity value, yielding 2.90!t per annum If held
to maturity; purchases are limited to $3,750 Issue price in aay
calendar year and msQr be made only by Indirlduale.
Series T Is a
have been on sale einoe May 1. 191*1Series T and
12 year discount bond sold at 71*5' of maturity Talue, yielding 2.53^
Is a 12 year current inSeries
par annum if held to maturity.
come bond, sold at par, bearing Interest at the rate of 2-1/2^ per
annum, redeemable at par on maturity or at stated prices leas than
combined in any
par before maturity. Purchases of Series 7 and
one calendar year are limited to $100,000 Issue price ($9), 000 In
calendar year 191*1). Commercial banks were permitted to purchase
bonde during the calendar year 19IA under certain
Serlee T and
conditions ("Treaeury Bulletin" for December 191*1*. page 36. footnote 9); aad from June 18 through June 30. 19U5 they will again be
permitted to make eiich purchases, subject to the following limitabonds during the calendar
tions:
(1) purchases of Series T and
year may not exceed the annual limit of $100,000; and (2) combined
bonds. 1-l/cffi Treaeury bonds due
purchaeee of Series 7 and
12/15/50, and 7/S% certlflcatee of Indebtedneee due 6/1/1*6 may
not exceed 10^ of the combined amount of time certlflcatee of deposit of Indlriduala and non-profit corporations or associations
and of savings deposits, or $500,000, whichever may be less.
July
1945
37
Sales and Redemptions of United States Savings Bonds
-
(Continued)
Table 2.- Total Sales by Series, Classified by Denominations
Saloa In mllllont of dollars at Isauo price
Percentage distribution of sales
Denomination
denoalnations
19ltl
203.1
3.526.3
8.271.3
2/
19lt2
igit?
19UU
11. 819.
19W»-Ma7
June
$10
1/
$25
.
.
October.
HoTemb er
December.
1,686.5
1*99. U
590.8
I9U5- January...
Tebruaiy .
March
iprll
Hay
68U.U
191*3
191*1*
19l*U-May
July
Au^at..
-
September
October.
HoTember.
December.
19U5-Jenuary,
February.
March. . .
April
Hay
2U8.8
89.8
106.3
iSU-l
95-9
107.6
216. U
>IO.U
309.2
51.7
59.5
100.0
100.0
100.0
108.8
165.5
U57.6
36.6
8U.5
288-3
52-3
12U.3
U02.3
100.0
100.0
100.0
1U6.1
98.3
99.0
100.0
100.0
100.0
35.6
301. U
12U.7
112.0
122.5
153-5
118.2
127-5
T7.3
50.8
5U.I
285.3
3UI.3
115.2
157-7
123.1
2U6.5
5U.0
160.2
296.2
269.1
2.0
27-5
"16.0
6.U
13.0
9.0
19.9
32.6
17.8
12.9
31.7
17.9
17.3
IU.8
18.0
18.0
22.8
19.2
18.2
>»7.1
IS.
37-3
25-2
15.7
18.2
20.5
2U.7
6.1
10.5
15.5
8.7
15.U
21-7
15.5
17-1
17.2
19.1
18.1
17.9
9.6
7.8
7.6
18.2
15.1
13.9
13^-2
IU.5
23.6
uu!i»
U6.9
^.2
lt2.3
19.8
5-7
29.9
5.8
5-3
22.3
3-7
3.5
39.1*
100.0
100.0
100.0
29.6
1*.8
13.7
.9
1)2.7
2-3
7.5
5.0
12.7
39.8
3.2
9-7
28.8
?-5
16.3
U3.I
100.0
100.0
100.0
36.9
29.7
31.9
9.2
6.8
5-1
U.9
22.1)
6.0
100.0
100.0
100.0
21.8
20.5
22.9
6.3
17.U
U.l)
3.6
13.7
10.2
25.5
11.2
113-0
188.7
578-1
805.7
21)9.6
91)2.3
526.3
520.7
10.0
33-8
1*2.7
21.9
128.1*
70. 1)
1)
123.1
8.6
8.1
3lt.2
65.8
16.7
16.7
1:1
121*.
1.9
1.3
1.2
1*2.0
30.7
26.5
U.8
50.9
81-5
108.8
U-0
82.1)
lU.I*
July
August
September.
337.5
85-3
85-3
iU.6
3.6
3.2
31*.
October.
Horember..
December..
82.8
173-9
3-2
6.6
19-7
7.7
16.1
l\i
1*5.6
IMO.S
1)05.9
8
19l)5-Jenuary..
228.3
I*.
Tebruary.
March
l6i).l
3.6
3.9
April.
May...
20.0
18.1
12.2
11.8
23.0
20.7
21.9
101.1
17.8
16.0
1)0.6
June.
.
20.
16.8
13-2
111.1
377.3
19l)l)-May.
6.5
9.7
13-1
13-9
36.1
35.1
28.5
2,032.1
2,759.5
2.875.6
19l)U
7.1
17-5
i».9
391* -6
191*1 2/.
$500
1/
l*-7
.8
62.9
I9U3....
$100
1-0
19:1
2U.e
2U.9
23.1
191)2
$50
lt9.o
100.0
100.0
100.0
100.0
$1,000 $5,000
$25
1)0.9
15-3
115.1
June
56.h
277.5
Denomination
$10
13.2
123.6
210.1
213.3
66.7
U3U.9
757.9
802.2
191*1 2/
191*2 1/
526.5
221.8
277.1
100.0
100.0
100.0
100.0
39.9
186-9
l!67.7
1.19'».7
$10,000
111.2
309.0
110.8
301.2
653.2
712.1
$$,000
1711.2
598.6
.
$1,000
»500
$100
I10.7
Ul.U
93.'»
lU.U
13-3
3U1.5
812.7
636.9 1.119-5
615.6
2.988.2 1,081.0 1.713-8 1.007.3 l.ltgl.O
U,lU9.1 I.6U2.5 2.583-5 1.396-9 2,01*7.8
62U.3
July
August .
September.
SO
Total
all
denominations
150.5
3.9
9.8
33.3
12.3
91.7
170.2
162.7
38.3
171-1
3O8.3
351*-
71.8
1*06.
16.0
35.3
85.8
16.9
13.2
221*. 3
883.8
1.157.3
1.05l).2
32-5
130.2
99.5
22.1
21*.
2lt.lt
50.5
lllt.O
9.6
61.2
U1.9
10.1*
1*6.9
32.7
23.6
26.3
10.2
1*U.8
2U.5
1*6.8
25.1*
101.8
5l*.3
91.1
11*.
3
115.1*
85.3
63.1
27.7
26.6
30.6
2U.8
5^:1^
5.9
28.1)
32.1*
33-K
27.2
27.6
100.0
100.0
100.0
100.0
$10,000
..
Treasury nalletin
3«
Salee and Redemptions of United States Savings Bonds
-
(Continued)
Table 3.- Sales, by Series, to Investors Other than Commercial Banks, Classified by States
FART A - SERIES E
(In thouiandi of dollari at Itaua prleae)
I9UU
Tlacal yaar
July
I9't3
Alabama
Arlsona
Arkansas
91.272
California
Oolorado
Connecticut
Delaware
Slat, of Columbia
norlda
Oaorgla
71*.
EantaelQr
Loulalana
Maine
.
.
Minnesota
Mlaalealppl
Mlaaourl
Montana
Vebraaka
Herada
lew Tork
Horth Carolina.
Borth IWcota^
.
.
11*. 31*3
8.9U7
25,560
7.763
10,699
5'. 933
'*.357
96,211
10,011
23.139
163.598
13.620
33.522
2i.8ai*
83,11*3
89.1*96
27.609
135.069
1
391
1
.871
11*2.682
8,526
90.226
220,926
13.097
'•.353
S«pt.
/tog.
8.107
2.096
3. 718
970.1*11*
3.610
23.267
21*. 986
6.731
1,829
3,100
7.272
2.02U
I*. 000
7.613
Ui,30l*
56,1*1*7
2.8O9
10.316
3.725
12,269
51,600
3.013
1.382
1.556
l*,(*26
8.61*8
5.8U9
7.877
5.053
8.1*03
ll»,232
2l*.987
6,021*
1.935
1*2,31*0
5.159
76.625
6.U50
755,362
11*0,398
956
36,009
313.59I*
18,837
8,227
li*,O03
6,1*35
5,1*06
5,657
7,029
2,535
6,873
8,337
2,660
9,202
21,153
7,081
8,081*
20,581*
2.559
9.OU1
9,803
11,120
3.956
8,085
2,991
9.272
22,006
37.811
23,1*28
53.991*
13,012
32.585
1*1*. 1*1*2
8.785
20,815
35.817
97.629
9.1*31
10.71*1*
ll*,56U
1*2.1*22
2.296
12,696
1«.068
l*.937
I7.66U
l».5l*2
ll*,2lU
17.7U7
3UU
U,U18
576
2.089
3.655
5U8
6,220
7.112
8Ul
8.680
23.889
33,829
7i*.137
95.01*8
179. 108
31*9.962
32,193
37.573
52,870
195.868
82.588
283.681
10,039
3.137
8,91*1
ll*,815
li*,75l
35.1'*5
38.657
39.1*32
55.230
128.079
1,912
U.7U7
627
7,830
16,098
1.323
7.105
21.21*6
3.017
085
3.327
6,529
1.071*
1,812
67.59'»
2I.OU6
22, 71*1*
l*,650
1.091*
1,075
67,337
7.281
1.U68
127.955
2lU,362
58.011
ll»,021
25.031*
i*.697
7,970
9,822
999
991.988
113.869
1.290.035
11*9. UU?
27,990
1,623
23.752
1.092
1*1*.
8.220
1,850
10.919
1.290
3.6U1
U93
1*3.338
35.01*0
22,290
28.058
i».5't7
6.91*0
71.091
15.551
16,571
106,31*3
159.752
PennaylTanla
Bhoda I aland
South Carolina...
626,051
857,1*00
1*6.1*02
91,1*38
39.068
53.71*8
53.1*01
60.858
76.058
3.591*
3.938
5.790
7.912
126,273
10,286
South Dakota
Tenneaaea
Texas
33.171
100.530
306,265
53.813
995
1.60U
7.982
20.791
7,386
13.852
63. "55
Btah
Teiaont
Tlrglnla
56.357
18.819
189,563
2.516
918
IO.26U
5,207
9.080
l,9"*7
ii»5.'»59
18,927
3,161*
3't.789
257,729
92,197
13.799
5.977
10.768
I.0U9
27.579
9.589
38.856
15.369
28,701*
2.25I*
1*1*.
33,21*2
1U.175
163,921*
66.583
172,650
11*7.296
1*91*.
21*8,280
,17.313
23.769
Alaska
Canal Zone
Hawaii
Puerto Rleo
Tlrgln Islanda.
Other possession)
7.397
'.338
61.066
6,960
7,135
58,310
8,931
958
69
Unallocated
63,62U
Total
17,3'tl*
23,21*6
71U.177
135. 26U
Adjustment to
Dally Treasury
Statement
6,397
1*81.637
506,361*
82.11*3
.
10,173
9.167
6.969
13.802
23.516
107. 67!*
Washington
Vest Tlrglnla
Wisconsin
Vyoalng
16.376
11,727
23.996
60.670
3'>.3't9
Ohio
Oklahoma
Oregon
10,727
16.630
38,237
32,722
5.1*22
203
5.987
M85
11.795
657
5,050
1*1*5
903
10
15
11
13.1*52
23.957
7!*.
871
158
1*,072
822
I.IU9
7.200
2,U69
129
15
51.l''3
20,821*
9.OU5
1*15.338
10,31*6
2l*,030
152,566
390.986
688.159
25.787
6.669
9,251
UU.675
50,216
28,277
3.029
303. 807
17.281*
11,1*96
16,01*6
9,157
1,581
51.07U
51*. 991*
2,756
22,961
22,799
67,821*
l*,302
13,1*68
2,091
5.937
2.1*17
2.1*87
1.182
5.316
16.019
It,
lit,ll5
20,168
20,530
9.791
280.091
1.753
7.939
7.083
01*5
lit, 1*77
25.513
8,703
12.297
lU.soo
5.095
108. 60I*
22.070
1.569
2U.U65
i.uau
21*.
70,067
7,195
1,315
37,327
5,906
7.379
U7,888
3.723
'i.937
1*1*.
2.1*25
1.1*83
5.117
967
2,055
61. 801
7l.3't2
70,01*3
7.880
1.755
1*,718
213.168
27.985
1U,276
1*2.132
'».e3j
Ult,286
107,388
7.106
s'M6
l*9.3'»3
59,677
3.21*0
i*.538
h!ogU
7,815
l*.73't
2,002
li*,566
20.71*7
29,982
29.885
11.958
7.213
3,1*1*2
79,152
18.11*3
li*.917
1*5.602
38,1*20
37,33'
15.000
9,896
3.893
11,11*7
3.5^
12.173
3.959
22.751
lU.975
19,881*
13.'t'»9
15.776
lU,65l*
3.073
8.985
799
2.121*
2.223
6.713
850
3,298
7,010
2.827
36.712
1.685
129.977
13.650
2.61*1
5.566
656
23
.88,
3.955
29.552
61*. 091*
31. '•35
6.360
395
1.063
11*.
1.932
27.755
1.761
1,965
2,211*
23.703
1,809
23,1*1*3
38,109
3,088
78,972
9,009
1.925
83,077
9,360
2.131
75.755 139,383
8.U16 13,011
1.970
5.773
1*0.703
1*6.252
'"'
"
7,1*75
1*2,191
66.761*
6,810
7,769
12,957
5U.I89
1.1*78
1,609
23,981*
55.767
13,060
27.853
10,61*7
7,066
7,683
210
9,175
13,816
63,61*5
51.109
5,729
6.552
i*,05i
79,5'»9
i*,992
4,636
5.081*
't.593
6,298
2.519
1,61*0
2,1*56
12.21*7
3U.119
8,572
26,910
1,777
9,001
28,01*5
„,^,^
26,075
5.755
12,530
51,289
2,715
9U3
11,265
2,956
869
12,922
2.758
1,008
12,310
5.571
1,389
16,757
ll*,760
ll»,225
12,1*50
5.650
13,269
I.0U7
5,723
6,273
20,865
8,512
li*,295
15,1*69
2l»,158
1,21*1
1,058
1.735
25U
539
225
538
3.379
7.'»25
lt«l
1*19
1,232
7
218
Ul
10
121*.
2.1*71
10.571*
3.305
870
9,838
9.222
3.030
33.562
3.180
1.838
17.896
IO.U63
U.016
9.915
639
15,99U
12.71*5
17,191
1*0,009
'*,790
6,201
13,U30
966
15.711
1.177
1*2,282
20,166
9.091
19.928
l*,391
1.791*
1*38
390
532
5.050
1U6
309
529
270
532
l*.965
5.1I10
296
6
313
1,275
909
9.060
2,885
108
11
8,630
1,519
51.997
9,055
25.370
37,125
2.U76
7U6
10,856
3
2.U55
12.377
llt.206
10,019
1.590
687
6.385
91*9
8.153
9.838
9,021*
17.61*6
9.630
20.936
8,1*1*9
5,1*96
1.681*
8,61*1*
11.21*0
35.318
12,970
78.05I*
11.215
21.1*51
912
53.636
it. 873
15.573
'*.37lt
7,291
7.365
20.335
3.052
9.23S
l.iu;
11,638
17.239
6,1*55
10,655
23.297
79.620
1.1*95
8.812
1.711
10,772
2,615
U.090
9.720
8.U37
2,998
1.739
7.775
18
5.069
321
5
1,730
8,795
29,1*80
15.930
5.855
6,580
5.7**
U,511
12,177
1.5*
ll*,680
1,572
7.706
8,326
18,080
8,189
1.91*0
3.957
12.857
12,11*0
7.935
113,1*36
6,885
8.011*
61.991*
77.636
5.758
16,613
9.39I*
127.956
1U1.106
87,607
91*. 910
37.361
21*, 1*35
55.361*
153,1*60
2.310
50.668
50,160
1*2,133
U.121
53.796
5.303
7,71*2
29.51?
31*. 856
19.625
163,077
8,211'
2.1*80
3.95>t
13.175
3.531
5.162
5.532
1,620
U3,959
8,616
1,292
2.5I10
25.325
7,087
13.270
2.31*6
1*5,181
19.661
8,877
7.202
263,1*1*5
106.190
Oct
2.351
1,1*12
11*5.933
1*0,230
213. 813
176. 5O8
72.211
11.U66
.
176
638.877
62,132
168.258
9'*. 521*
Indiana
lova
lanaaa
Sew Haapehlre.
lew Jeraey
Haw Mexico
1*2,252
52.761*
27.8U5
575.056
Idaho
Illinois
Maryland
Maaaaehuaette.
Michigan
27.81*6
I9U5
11*,
229
230
51*9
5.125
833
7,51^
3. 681
212
535
U.727
U62
7
U,6l*0
12
15,1*88
362
577
20
58.1*95
225.856 19,001*
122,879
11.819,71*2 62U.253
l,3''9,79lt
31.932 -I6.718
-6.703 107. 108
1*99.357
(Continued on following page)
806,817
-121*.
558
-39
•15.6361
653,222
681*. 1*21*
*83.737
July
1945
39
Sales and Redemptions of United States Savings Bonds - (Continued)
Table 3.- Sales, by Series, to Investors Other than Commercial Banks, Classified by States
-
(Continued)
PART B - SERIES F AND d COMBINED
(In thousftsdfl of dollars at Ibbuo pricoa)
Flaeal yaar
igitU
19't5
19U3
llabaJU
Arizona
Arkanoaa
30,156
9. USD
17.831
81*6
3.851
l*,009
1.1*97
2.91*0
1.39"*
25I*
767
131
1,066
282
1.719
538
1*72
1.521
3l*,8l*0
8. 070
9,365
61*,i*37
U,2g6
7.706
U,050
81,128
8,823
1,231
2, 600
3i.37|*
29.7'»6
258,108
30,678
12.326
33.757
36.705
10,306
29.761
1*56
1,205
1,801*
1,083
1,580
i»,276
5.359
3,517
6.276
302
79U
1.680
5.5W*
1.183
27.872
27,61*5
180
9,156
3a .007
8,lt21
16.578
California
Colorado
Connecticut.
22U,lU5
.
Delaware
Diet, of Colus1>la
norlla
Oaorgla
Idaho
Illinole
37.831
8.031
272.112
Indiana
Iowa
Eanea*
1*1,958
1,1*27
7,630
236.291
178
10,752
3U.897
82,311
106.397
1*1*. 903
U,112
3.615
1,572
U7.UU2
38.952
20,591
1,896
uftluli
20,21*5
52.1*93
2.738
7,288
79,521*
Ientii^7
LoQlelana
Maine
Maryland
Maesacfausette.
1*0,1*96
t71
5't.252
17't,999
6.2l*6
6U5
7.932
632
1.576
1,21*6
78U
l»5U
382
566
789
1,36U
1.351*
922
2,198
2,262
1.139
2,002
3.785
1.678
3.797
5.361
1.211
226
1,126
235
8,221
2,905
637
15.772
2.1*1*6
693
21.562
6,037
1.101
38,671
31*9
265
15,1*22
2,011
2,152
897
5.1l»U
6,600
8,529
5.762
11.71*6
i»,566
10,990
5.56U
U,7U2
5,077
2.905
3.351
1.827
6,Ull
5.959
3.806
2.515
7,1*81*
1,150
1,123
1,098
3.1*59
2.31*1
393
1*62
51*7
1.173
7.02U
17.887
lU.OSO
5.759
1,906
3.560
2.732
1,707
1.1*85
3.1*60
3.11*0
6,886
15,1*69
12,121*
'*.153
1*,1|8[*
3.091*
8,262
5,957
9.538
9.U39
27.031*
3.776
9.912
3,800
15,806
9.3U5
2,600
7,866
1.751
588
2,028
2.337
1,71*8
52I*
379
!*,0g3
3.117
2,670
3.877
1,627
6,651
5.535
1.711
7.077
10,303
2,571
11,879
356
1.220
158
397
875
l,U6o
1.823
1,11*0
1,1*01
161
3.376
535
1,658
6,088
i*U
1*26
118
1*58
509
3.3W*
128
868
6,75*
632
11.959
2,562
12,676
1,610
a7
1*66
1*77
739
11*2
1.005
u,e2i
168
W*.5l6
2.959
1.799
68,563
6,812
2,183
51,2l>6
28,158
2,1*80
2,21*0
1*23
569
1U,905
2,287
2,370
29,606
3.971
U,222
11,119
1.369
8,925
1,090
1,1*98
1,251*
35.155
2.959
12,971
12,21*5
1,1*86
5.1*56
1.1*35
1,276
1,085
1.1*06
2,38>*
1.321
l*.96i«
277
1.133
691*
57
Sew &mpahlre....
Hew Jersey
Hev Mexico
lU,l»3
118,761
7.025
lU.563
106,839
6.503
327
3.693
151
1.768
13.295
919
1.796
13.'<69
613
3.15«
116
lew lork
Berth Carolina..
Horth Dakota
627.986
13.960
1.603
12,685
1,087
12,569
15.992
27,328
1,1*20
1,1*00
2,l*Ul
10.937
lU.978
31*1
51.251
5,885
2.890
59.856
ltU.65lt
1*72.310
1*2,263
2.11*7
1*69
377
397
1,321*
Ohio
Oklahoaa
Oregon
203.827
25.095
32,892
19U.155
g,Sl6
611
811
22,31*1
21.893
7,1*30
11,885
3,1*10
1*99
1.1*1*9
3,065
680
852
5.710
789
931
i*,669
3.623
3.929
780
2,12l*
297,1*30
30,U2l»
251,120
20,628
21,988
8,200
32.850
2,318
3,06U
28,1*82
7.060
16,680
580
7,733
619
632
6,591
2,181
2,U98
255
1.125
2,831
1.067
2.793
7.1»7U
7.50"*
Vasblngton
West Tirginla
Wisconsin
Ifyomin^
1*9.753
17.905
56.336
6.010
Alaska
1.297
Canal Zone
Hawaii
1,81*3
Puerto Rico
Tirgln Islands...
Othar poseeBslons
56,253
19.552
93.192
6,032
't.332
2.663
380
801*
571
1,121
2,71*1*
3.055
2,603
8,026
2.801
IU.09U
1.063
5.552
2,717
655
2,129
6U9
5.169
95
87
56U
1U9
1.1*11*
3.910
651*
1.1*35
2,U7l»
6,103
153
9.231
62
67
320
202
90
71*2
1.51*1*
39
1,31*1*
921
259
1
1*18
5
28
ZlU
77
60
1*0
79
1.281*
2,1*25
8,211
702
1,561
5.856
2,1*69
171*
3*
11*0
19.907
2,566
1,006
i,u6i*
2.C07
658
3.108
259
370
6U3
755
380
1,808
1,565
It.
3.1*89
5.636
2,063
11,6U8
502
133
1*,908
61*0
1,1*75
7.31*7
2.71*9
17.367
3,010
2,136
175
1*18
679
U26
216
5O8
2.550
177
kUl
3.223
1»,292
l»,019
129
275
673
1*,262
1.735
276
381
19
33
2.917
630
5.835
779
l*,827
1,1*81
6,1*01
1,31*1
155
5,106
13.921
213
231
1*05
2,982
9,208
U,626
1.250
2,655
1.662
2.911
170
2.978
9,088
5.119
10,191*
2>*1
1,201*
2.799
lU.679
5.289
2,891*
836
2.269
7.886
191
13.901
663
1,165
1,353
906
1,1*70
1,11*2
981*
28,398
1.155
830
lt,768
1.698
1.709
I.UU7
1,902
l.3'*5
665
1,072
3.1*97
2,11*8
1.570
1,23a
1.029
7.221
'?
1*,859
1,71*0
501
307
1.937
5.21*3
10.783
2,1*10
665
2,186
5,068
19.557
523
1,666
771
3.086
15.328
2.37"*
1,510
1,316
1.825
10,522
3,982
Unallocated
1,11*5
U,281
1*,200
1.1*18
727
1.526
7.107
PI?
22'?
510
555
825
12,528
919
970
5.02'
lt.559
151
197
25
125
613
231
657
Adjustnent to
Dally Traaeury
Statement
2lt,381
3.517.351*
Source:
8.395
8,026
51.399
U,l*05
1.350
1,286
6,221
1*11
53.701
'*.255
U,l69
U.U36
2,617
62U
2,1*50
l,'t35
5.2'»1
Teraont
Virginia
I.7U1
198
15,186
7,888
5.739
2.353
l,lgl*
2,299
2.671
Utah
1.859
17.091*
1.955
U,7U9
56
13.222
39,186
117.537
681*
1,109
9,&9'»
271*
10,1*16
39.1'I0
962
1.1*09
I.77I*
2,228
10,381
2.932
2.5'U
I.U73
635
1,1*21
7,311*
1,623
110,993
lt.865
21*6
528
10,21*6
13.550
39.339
3.630
South Dakota
Tenneseee
Texae
3,670
11,151*
ll*,2gl*
U,UUl
a, 712
9,691
1,606
2,795
l»,15l
10,529
.
13.678
975
822
Montana
Hebraoka
Havada
PenaeylTanla
Bhode Island
South Carolina.
1.1*1*3
1,911*
69,836
22,296
91,689
29.326
11.738
1.103
5,035
1.552
319
685
67"*
69.692
21,812
8U,266
26.01*2
28,1*58
57s
65U
2,106
Mlnneeota
Mletlailppl
Mlaeonri
30,ltll»
1.751*
28,791
2.750
3.273
167.625
10U,768
.
3,991
1,181
2.685
13.003
I.UU7
106,363
.
Michigan
3.156
i.osu
3.519,71*7
+l*,ll*5
-12.526
+17.25'*
lt.269
1*15,61*5
1*02,1*77
100,677
(1) Total sales:
Daily Traaraiy Statements; (2) Sales by State
Reporte of gross sales.
-10,868
95.867
192,81*7
Preliminary.
Less than $500.
-195,81*2
1*98,153
270,361
8.531*
191*,
3.9U7
768 176.9't2
-670
Treasury Bulletin
40
Sales und Redemptions of United States Savings Bonds - (Contlnaed)
Table 4.- Maturities and Redemptions of Series A-D and
B Combined, Classified by States^
(In thoasandB of dollars at enxrent redenptlon values)
IS^
19UU
March Sj
AlabBDa
Arliona
irkanaas
5.389
1.757
2.662
5.515
1.836
2,632
l*,g62
31,610
2,073
39.5UU
2,766
6,587
3ft.9l?
2,89ft
690
3.525
5.'H7
l.OOJ
6,ft7'*
825
3,815
5.827
'*,718
'*.333
8ft3
802
22,Ul3
6,000
1,121
33.239
29,Ul6
ft.ftei
1.5^7
i,itfti
2,ft78
2.351
368
1.615
2,298
861
3l.'i67
2, 611
S.ofts
33.3^6
2,663
ft, 718
ft,
California
Colorado
Con&aetloat
35.263
2.673
6.198
Delaware
Dlitrlct of
Tlorlda
753
3.918
ft, 960
872
3.986
'*.329
s.ogi*
5.630
IlUaoH
".526
928
2S,883
5.008
806
28,233
8'*,285
22, 2
Indiana
leva
Eansaa
l6,6l8
7.366
3.755
13.381
5.217
3.'«5
11,16U
5,12U
3.067
10.756
"•,265
ft.833
3.9U7
019
ft,l66
ft.136
1,39ft
1.362
1,212
ColmUa
Seorgta
Idaho
Kentucky
Lonlelana
Maine
U,l36
1.563
Maryland
3ft.
2.83ft
5.1%
ft,
715
U,5lto
3.639
5,592
762
W
ft,
ft.
687
71*6
5.287
5.183
1.587
ft,
78ft
ft.
3.677
3,8l6
ft.OjU
i.oftj
3,676
9,260
21,397
29.1*17
8,367
2,331
11,658
7. 808
2.355
11.299
1,351
ft, 095
585
3.18ft
ft3i
737
10,075
815
601
9,90U
73s
lft,83U
i.oftg
25.690
ft. Ill
692
28,9Ul
3,905
697
38,195
19.915
3.962
ft, 908
21,0ft9
29,922
5,0^2
23,919
1.715
2,037
72ft
769
t.sis
lU,622
1U,608
aftisUl
Minnesota
MlMlialirpl
Mlaeonrl
7.«6o
7.20ft
5,8l»7
1.78'*
8.690
1,705
8,671
5.935
1.971
7.ft37
7.7aft
7.'*03
Montana
952
2.287
513
9l»7
930
2,951
550
2,ft02
1.103
2.663
2,ftft9
ft67
ft35
Nov HampBhlrtf
5aw Jersey
Hev Mejdco
811
12,7U9
67U
903
12.553
782
893
11,912
Hey Tork
North Carolina
North EBkota
36,762
ft. 235
31,8Ul
ft, 626
722
28.720
Ohio
Oklahoma
Oregon
28,69ft
U,ft05
26,036
22,492
U,l6ft
5.ft83
5,2ftft
3,8ft0
ft,590
Fenneylvanla
Bhode Island
Soath Carolina
27,866
2.057
2,720
32.99ft
26,881
1.996
2,117
2,07ft
South Qakota
Tenneseee
Texas
956
5.717
5.050
15.1'>3
lft,350
Utah
Termont
Virginia
1.571
305
5.781
1,51*1
Vaahlngton
West Tlrglnla
VI BCOnsln
Vyoming
7.797
3.598
9.16U
7.31ft
Unallocated
Adjustment to Sally Treasury
Statement
Total
Source;
1/
(1) Total redeoptione:
lft7
762
1,522
5,293
11.199
23.6ft0
161
5,8ft3
W7
U,56ft
10,906
Canal Zone
Bavall
Paerto Blco
Virgin Islonda
Other poesessione
13,091
27,373
'f.657
10,825
39.182
Alaska
980
ft,
3.961
3,506
6,938
685
ft.
'*,597
25,410
''57
5,880
lU,03l
8,088
lo.jlft
326
6,230
2.532
3.525
MaaaacfauaettB
Hevada
5.001*
1,61*3
'»,997
Michigan
tfehraalca
i|>rll 2/
602
1,597
2,108
ft,6ftg
U,ftU9
597
2,312
1,82J
5.5,28
1.7ftO
873
5.'»56
13,
938
5,'*9l
901
1,257
ft99
959
12.859
9ft7
3U,763
U,650
999
6,2ft7
26,529
U.739
5.657
21,337
1,656
1,981
33,525
31.28ft
2,ft78
2,800
2,100
2,328
851
ft. 029
13.8U5
1,031
5.567
18,172
15.685
1.399
269
5,357
1,776
1,539
38ft
fto5
7,1*1*8
6,U76
6,23ft
6,821
2,359
6.100
8,790
3.571
8.836
573
fteo
7.570
3.589
7,379
570
ft,3a7
1.U65
309
l.'»33
5.9^9
5,298
6,383
2,925
6,260
7,108
2,778
27ft
ftgi
3.768
^,826
1,001
5.3ftl
122
127
15ft
2ft7
181
1.58ft
2,120
380
13
l.ft53
1,826
U79
l,8oq
-3,367
-11.252
313. 812
296.517
7
ft22
360
2,6UO
762
ft25
ft
63
U5
+1,872
-8,903
378,255
359.982
31*0,1*23
Daily Treasriry Statements;
Seports from Federal Reserrs Banks.
(2) Bedemptlons by States:
It should be noted that State figures presented lo this table are
not necessarily comparable with sales data by States inasmuch as
bonds which have been purchased in one State may hare been redeemed
in another. Horeorer, the figures shown in this table are based on
2/
375
52ft
3'»
-ft.itfts
1*32.256
381,092
Qurrent redanption Values, Uiereas the sales figures are shown at
l>ata on redemptions hy States are not arailable prior
issue price.
to October 191*1*.
Includes Series A honds vhlch hare matured and which hare heen
retired.
Juhf
1945
ki
Participation In Payroll Savings Plans for United States Savings Bonds
U
7
..
.
.
.
3
Treasury Bulletin
k2
Sales and Redemptions of Treasury Bavlngfi Notes
-(Continued)
1/
Table 1.- Summary of Sales and Redemptions, by Series
-
(Continued)
(Par Taints - In fflllllont of dollars)
BadfOBptloni and axchaJicaa
iooont
,outatandlD«
end of
fiscal 7«ar
or Bonth
Set
chufa
during
fiscal 7«ar
or month
BacalTad
Izctaanead
la paynent
of taxas
for
oew aeriei
2/
Sanaa B
U/
2.959.7
TSU.g
22.1
2,959.7
I1.066.7
-2,195.0
877.1
-7"»a.6
7"»2.6
1,087.1
2.933-3
721.2
3U.1
2S.1
-5.6
-12.0
5.6
12.0
11.3
Saptaabar.
19.1
17.9
13.6
-3.0
-1.2
-U.3
3.0
1.2
".3
2.9
1,1
U.l
Octobar. ..
HoTember.
Dacaobar.
12.7
12.5
10.1
-.2
-2.U
Maroh
8.9
S.6
6.1
-1.2
-.u
-2.5
iprll
M«7
5-3
5-1
1,082.7
5.969.9
1.01*7.2
5.507.9
162.0
IU7.3
I.33I-2
37.7
71.7
220.2
183.6
171.0
1.181.
1,158.'»
36.6
22-9
22.9
19U2
19't3
19UU
19UU-)ta7
Jona
July
An^at..
19U5-JanuaT7
.
.
.
Tabruuy.
1,107.0
3.072-1
19.9
70.6
21.5
-9
Barlaa C J/
19U3
..-
19W
6,l»6U.O
9.UU7.7
i9Ui«-M«r
Jtma
July
An^uat
Saptaabar.
.
.
.
Octobar. ..
HoT«abar..
Daoaober.
19U5-Jann«r7.
.
Tabmary.
Mareb
iprll
MV
Sourca;
•
1/
2/
y
6.U6U.0
2.983.8
7.516.7
8.953.7
8.931. >
-39-9
l>>5.1
1^.0
9,'tit7.7
516.U
1.922-3
I.MO5.9
9,893-0
Ul(5.2
30. U
-899.6
201.
9.923-'*
9.023.8
665-5
281-7
lltg.l
8.976-'t
-47-3
915.6
180-7
1.081.
228.0
166.0
198.7
9,892.0
12lt.2
1*1,9
9,71*7-9
-lUi.i
1.283-8
1,1*27-9
1,265.2
162.7
29.3
9,776."*
28.5
257.7
9.8M0.9
8,869.8
fiU.S
-971-1
233.1
229-3
1U7-8
I.2OU.2
176.6
127-7
1.177-8
52.6
20.1
26.3
9.033-9
9.956.0
16U.1
922.1
'»7-7
1.096.8
2U3.6
lA.6
221.6
123.8
22.0
50.9
Daily Traaaury Stateoanta.
Laii than $50,000.
Thaaa notaa vara originally designed to help tazpayara aat aalde
funda with which to pay taxea and were known aa Treasury tax aavlogs notaa.
Series A notee were daaignad for the anall and nodarate taxpayer; Sarlae B and Series C notea ware intended for the
Vhan the collection of taxas through withholding
large taxpayer.
at the source commenced, the need for Sarlaa A tax sarings notee
dis^ipeared and their aale was discontinued. Beden^tion proTlsions
of Series A notea were relaxed to provide for the payment of inters
est on notes thereafter redeemed for cash (see footnote 3)8ala
of Sarlae C notes, which were designed for the InTestment of idle
cash resarree as well as for the accumulation of tax rasarras. waa
continued and the notes were designated Treasury aaTlngs notes.
Includes matured Treasury aarings notaa.
Series A notes, which were eold from August 1. 19UI through June 22,
Through June 22. 191)3,
191*3, yield approximately 1.92^ par annum.
the notea could be redeemed for caah only at the original purchase
price; since that date, the notes haTe been redeemed for cash at
212.
the tax payvent Talua current at the time of preeantation. (8aa
alao footnote 1.) Prior to October I4, 1913. ^^9 maxloom amount
which could be used in payment of each claas of tax (inooma, aetata,
or gift) by each taxpayer daring each taxable year was limited to
t5.000 par value; this limitation was remored as of that date.
Series B notes were eold from August 1, 191)1 through September 12,
191)2, to yield approximately 0.1)2j( per annum.
The afflonnt which may
be turned in on taxes la unlimited. Tha notee may be radeeaad for
cash only at the original purchase price.
Series C notes vent on sale September 11. I9I2.
Interest accruaa
each month on a graduated scale (sea 'Traaaury Bullatln" for An^umt
1913 P04>* 1) to yield approximately 1.07?( per annum If held to
maturity. Thaae notea may be uaed in payment of Federal taxes at
any time two months after the date of issue. Ths amount vhlch may
be turned in on taxes Is unlimited. The notaa may be redeemed for
caah six months after the date of issua at .the tax payment Talua
currant at the time of preaentatlon. Prior to July 27, 1913.
notloe of 30 daye vas required for caah redea^tlon.
See alao footnote 1.
•
JiOy
1945
'+3
Sales and Redemptlone of Treasury Savings Notes
-
(Continued)
Table 2.- Sales of Series C Notes, Classified by Denomination
Wscal year
or month
i/
...
.
2
.
Treasury Bulletin
kk
Sales of United States Savings Stamps
Table 1.- Summary of Sales and Redemptions
^
(In thouB&ttds of dollara)
Percentage distribution
of redea^tione
Bedenptlo:
Afflouot
outetanding
end of
flBCal year
or month
Het change
during
fiscal year
or month
Zxchanged for
United Statae
Exchanged for
United States
savings
bonds £/
Caeh
BBTlngft
2/
hondi 2J
19l>l
3/
uly
igiti
lUg.
igUl-June 19U2./
5.29't
+5.1U3
6.087
9U3
166,-ikl.
+161, oUe
308,621
lU7,57l*
1
213.350
19UJ
19b. 5«
l»5,620 6/2/
-16,832
100.0
100.0
100.0
100.0
100.0
i
11*1*,
61*7
1*711.168
18.1*68 5/
70.
5/
1*25.
762
352.632
73,130
590.268 1/
1108,930
I
I
1127.91*8
WO
19Ult-ltay..
198.1)07
2,003
30,71*8
28,71*5
June.
196,518
-1.889
22,696
2l«,581«
-16.119
32.685
36,112
18,070
27.553
27.996
5.132
ll*.175
3,896
100.0
100,0
100.0
13.816
it, 929
l6,6l8
3.917
3,628
3,602
100.0
100.0
100.0
16,321
3.603
3.293
100.0
100,0
100,0
5.690
3.811
July
August ....
Septembar.
167,U25
168,253
-12, 97'*
+838
16,566
23,138
18,898
October.
Hovember.
December.
175.199
180.587
181,529
6,91*5
2U.679
17,73't
5,388
23,91*6
9I42
21,163
18,558
20,221
+I,l6lt
21,088
20,731
19,921*
16,711*
28,251*
25.555
13,1*21
20,11)0
21*. 71*8
25,1*11*
20,079
26,132
28,578
23,631*
.
19'*5-Je"'uaiy--
182,692
186,710
Tebruary.
March
189,1|09
April.
188, 7H3
Itay-
186,297
ce:
1/
2/
y
U,018
2.699
-666
-2,1A6
8,U6
5.U1I*
m
Caeh
2/
87.1)
12.6 5/
12.9 5/
17.2
80.2
8U.5
19.8
15.5
81*.
3
77.5
78.1*
22.1
19.6
17.8
18.1
19.7
81.9
80. 3
78.8
a.
79.0
82.7
21.0
17.3
$150 thousands
Details not available for May, June, and July 19Ul.
Includes minor amounts which were exchanged for postal savings cerThese aggregated $123 thousands for the period li^ut 1,
tificates.
19U1 through June 30, 191)2 and $55 thousands for tha period Jnly 1,
191*2 through October 31, 19U2.
See footnote 1.
Het of sales less redemptions.
Does not Include amounts transferred from Postal Savings Sljrstem to
the Treasury to cover outstanding staiq>s.
HeSly Treasury Stateaente coamenclag Horember 1, 191)2; prior
thereto, Poet Office Department.
Stampe eold prior to October 1, \9l+2 were known ae postal saTlnge
Btampe and were obligations of the Poatal Serines System but eubaequently became public debt obligations.
Zstimated on the basis of samples conducted by the Post Office De
partment
Salee and redeaq)tione commence with May 1, 191*1 when the special
The amount of the old sedefense series of stamps went on sale.
ries of postal savings stamps outstanding on April 3^. 191*1 was
Table 2.- Sales, Classified by Denomination
Percentage distribution of sales
Sales In thoueands of dollars
Denomination
Denomination
denominations
10^
igui.
6,087
191*2.
308,6a
67.1*66
19U3.
590.268
126.327
1)00
1108,930
102,531*
.
30,71)8
7.588
June.
22.696
l*,lt36
July
August
September.
16,566
23.138
18.898
3.731
3.600
3.909
October. .
Bovember..
December
2l»,679
191)1).
19l)l*-Hay
.
19>)5-January..
February.
23.91*6
a. 163
21,088
20,731
March
28,251*
April.
21*, 71*8
MvSooreai
26,132
25^
50^
2.691
167,709
313.691
209.121
1.012
28.611*
52,508
32.611
denominations
1.130
31.583
71.693
1)6.972
2,U37
3.721)
85I*
26ioM8
17,691
100.0
100.0
100.0
100.0
25#
50#
8.8
9.9
8.8
13.9
15.8
13.6
11.3
11.5
11.6
22.5
15.6
20.7
50.5
53.6
52.8
100.0
100.0
100.0
26.9
28.9
1)8.1*
VI
26.1*
50.3
6.7
100.0
100.0
100.0
30.0
28.2
28.5
50.3
1)9.0
6.8
7.1
1*9.5
7.2
92l»
28..;
1*9.1)
987
27.7
1)9.6
7.6
7.5
12.1)05
9.990
2.293
1.658
2.298
3.658
2.563
6.636
6,928
5.586
12,516
11,581
1.892
1.813
2,786
2,761
863
10,61)2
1,1)12
2,1)69
1.051*
6.328
5.857
8.059
10,601*
2,017
2,103
2,288
3,201
6I8
10,155
13,981
1.1)35
1,1)63
6,966
7,236
12,226
12.975
1,878
1.953
2,755
2,981
702
1,182
779
81)8
967
996
".3
12.1
13.3
19.6
3.027
lU.O
10.2
12.2
11.5
7.9
10.7
100.0
100.0
100.0
2,1*38
$5-00
18.6
53-1
51.1
5U.3
51.6
52.0
l,l)6U
(1,00
16.6
9.3
8.9
8.0
1)U.2
2l).7
1,122
987
8,370
(1) Total tales:
Dally Treasury Statements eonaenclng November 1,
191*2; prior thereto Post Office Dspartaent; (2) Distribution by
denominations: Sated ispon Pott Office Dtpartment data.
10^
50.7
10.0
11.0
11.3
•••3
J.6
5.0
2.9
lt.7
3.5
3.7
3.«
Juiy
1945
>^5
OWNERSHIP
OF
GOVERNMENT
SECURITIES
.
Treasury Bulletin
1^6
Summary Distribution by Classes of Holders of Interest-Bearing Securities Issued
by United States Government and Guaranteed by United States
(In nlllleiu ot dollar*)
(•ourltlea
V Ibltod Stotoa DoTaniBant
lHatrltatlOB V elaaaaa of taoldara
limod
fceurltlaa 0imraataad tf
Uatrllntlozi
IMtad State*
V
1/
olaaaaa of holdar*
U. 8. Oo f aiim ant
U. 8, QoTonuMut
Ikdanl
Annta
a^anolaa and
troat ftmda
Baaarr*
lareator*
total
lud of fiaoal
7«ar or mooth
1935
32.9«9
35.800
36.576
39.886
Ottt-
19I40.
1.656
1.959
3.251
u,ue6
5.605
1.023
1.332
1.693
1.791
1.835
?ii}>Uo
Spaolal aarhatlareaa
abla
laaoaa
Total
mtuo
laanaa
2.^33
2.028
F2I
2,'t30
2:1?!
3.770
2,526
2,59>
2.551
2,U5e
2,180
28,601
30,023
31.730
33.115
37.982
58.988
6,803
8.225
71.968
135.380
10,3llO
19W.
199.5^*3
18,920
4,623
^.775
6,120
7.885
10.871
lU.287
19U»-Ma7.
Jusa.
18U,g7U
18.195
18,920
lt,o6U
14,623
lU.122
1U,287
l>»,2i»7
lU.899
1S2.H32
165.725
July.
Aa,..
207, U7
't.615
l>».96l
1U,912
15.803
l6,6;i
172.619
172. to?
170.625
170.179
171. 20U
188,375
199. Sits
i>*.09i
2,6I|0
7.1'«
208.289
207.850
19.586
20.079
20.575
It,
Sapt..
608
U.588
15,U6l
15.976
Oct.
Hot.
Dae.
208,608
210. 77U
228,891
20,7BU
21.185
21.672
U,605
".592
5.337
16.170
16.583
16,326
17.6I5
18,386
19>t;-Jaii.
230,672
231.85'*
21.955
22,391
5.256
Tat).
Mar.
232.026
22,86l>
5.281
16,688
17.130
17.567
19.OOU
19.U39
19.669
233.063
235.761
23,180
5.2I10
16
23.8lllp
5.206p
l6p
17.923
18,592
20,U55
20.95*
Nay.
5.2'»5
18, suit
Sally Traaaniy Stataaanta;
(1) Total amotiQta ontatandlogi
(2) Saenrltlai hald by U. 3. OoTaroaant aganolaa aad troat fimdai
raporta of th* a^notaa and aoeoonta with the Traaauxy; (3) 8aearadaral Baiari* g^atea.
ritlaa hald t>7 fadaral Eaaerra Saska:
Prallmlnary.
Laaa than $500,000.
PaUie
?aUle
noB-
arkat-
alila
aaifcatatla
afcla
?a«lle
aarkatakla
laaoaa
la«a*a
23.'*9'*
62
U.123
27.3''0
1,261
1,188
1.556
2.151
*.665
'.853
I*,
5."^
5.I6I*
28.835
27.989
29.579
29.5^*5
1*2,376
'•8.387
2,10>*
2,l»52
Patllo
aaztetlaaoaa
19iu.
I9l»l.
Adaral laaarra
tandlac
Total
KAUo Fg:bUo
pabllc aad artotBonmarkatabla
apeelal
•kl*
lamaa
lanaa
Isaoea
1336.
1937.
1938.
1939.
FrlTata
iaraator*
B^anciaa and
troat fnnda and
vaatnrad
2/
oatatandln^
29.950
3,166
33.'ia8
^.55^*
Ik,U81
13.507
5:^
5.U98
6.360
l*.5l*9
302
*.528
286
275
287
170
5.212
U5
UU.lUl
8l»,9lt8
i*.092
120,880
1.516
176
ltl*.8lt5
1.52?
1.516
176
176
l»7.227
1.1*68
60U
190.02l»
189. "193
189.1*28
190.993P
Bonlaaoaa
366
165.725
>«,7li*
KbUe
rkBtalila
31738
1,186
68
150
163
150
1.187
1.187
1.187
277
1.189
1.189
1.190
287
277
275
l.UU
1.191
780
1.119
781
300
328
332
782
783P
3*3
362
12l»,803
1*7.
123.1183
l»7,ll)2
1.1*75
1.1*80
122.759
122.205
1*7,1*20
1,1*80
1*8.998
137.1*68
50.907
1,1*70
1.1*70
138.002
137.695
137.675
51.712
52.329
51.817
I.U96
136,981*
52,1*1*1*
136.U92P
5l*.501p
1.132
1.151
281*
289
1/
bolodaa matnrad aaoorltlaa. and oMl«atloBa hald by tha Troaaoiy.
2/
Tha total aaoont of •aooritia* hald by prlrat* Invaatora la eale«latad by daduoting froa tha total anoont of aaeoritlaa ontatandlac.
tha aacurltiaa hald by U. 3. OoTanmaat a^nolaa and truat foada
and by Tadaral Raaarra Banka.
^7
1945
Juiy
Estimated Ownership of Interest-Bearing Securities Issued or Guaranteed
by the United States Government
(Par Tala«a 1/ - Is bllllonB of lollari)
Held by banks
Total
anount
outttasdlQ^
Coonercial
bank*
2/
2/
Held
Tederal
Beeerre
Banks
IndlTldnale
Insurancf
coBpanlai
bjr
aoB-bank InTaetor
Matul
saTtngs
banks
Other
corporations
associations
5/
State and
local
goTenmenti
y
D.
6.3
U7.9
50.lt
18.6
19-5
16.1
17.3
n.8
igUj-darch
June
3«pt«inl>er.
December..
63.8
23-7
2.lt
2.6
6.2
U7.8
6U.3
18.2
23.8
9.2
11.3
».9
6«.e
80.0
93.8
97.3
26.6
30.3
3t-7
37.1
11.2
8.9
11.5
112.2
lt2.5
16.U
16.5
17.3
6.8
6.7
7.3
17.9
18.1
18.3
u
28.7
26.0
"•7.3
W.l
118.6
139.5
161.0
l6«.7
50.1
67.2
71.5
IA.2
52.2
58.3
185.6
76.2
1^.7
63.7
63.2
13.2
l»-3
»1.1
77-0
77.5
83.3
68.lt
llt.9
108.7
108.
117.7
July
208.6
209.8
209.3
86.9
87. »
87.2
72.0
71.6
70.5
llt.9
ia.7
t7.3
15.8
16.7
122.lt
I17.5
122.1
lt7.8
October..
BoTember.
Deocnber.
ZlO.l
Z12.2
70.1
71.7
77.8
17.6
122.1
122.t
133.8
W.U
230. 1»
87.8
90.1
96.6
19U5-Jann«iy..
Tebruary.
March...,
232.2
233.0
233-1
97.5
97.6
97.1
78.5
78.1
19.0
i9.lt
I3lt.7
135.it
77.'t
19.7
136.0
Septesber.
3.2
11.1
13.8
April.
Hay...
Jnne.
An^et ....
2.6
32.9
MO.l
76.5
186.U
6.5
3-1
2.2
2-3
UI.6
59.'t
6.5
6.9
29-3
30.9
18.lt
18.8
13.1
15.1
JebJot aonthly data for the period Janvary 19h3 thro^
mary 19l|lt, lee 'treaeury Bulletin" for June 19l*5'
19% pa«o It7.
United Statea eaTlnge bonds. Series Jl-S, 1, and f are included at
current redeti^tlon ralues.
Quarantesd securities held by the Treasury are excluded.
Consists of commercial banks, trust eo^)anles. and stock saTln^s
banks In tha United States and In territories and Insular possas-
18.lt
52.2
52.9
53-2
53.8
8.5
9.5
17.9
19.6
19.9
20.1
20.lt
10.6
12.2
5-J
11.6
U.6
5.3
?•'
6.1
l6.lt
it5.i
7.1
7.6
3-7
111.7
12.2
15-7
20.8
20.1
13.1
1.3
1.9
2.0
lit.
i/
^
6/
3
15.8
16.9
23.1*
22.3
22.3
25.7
7.7
7.7
7-3
zu.i
23.9
8,3
27.6
8.6
8.7
8-7
27.1
2|.7
26.1
2.6
2.6
3-2
18.U
3-5
3-5
3-5
19.6
20.1
20.6
3-5
?-5
20.8
21.2
21.7
18.
19.1
22.0
'».3
22.lt
"•.3
22.8
Excludes seourities held in trust dspartaents.
Includes partnerships, personal trust accounts, and unincorporated
business.
Includes dealers and broksrs and inrestments of foreign balances
in this country.
Includes their agencies and their trust, sinking, and InTeetment
funds, and tarritorles and insular possessions.
slons.
Back rigurei:
S.
OoTemsent
ageneleB and
tru«t fonda
Net Market Purchases or Sales of Government Securities for Treasury Investment Accounts
(In millions of dollars)
i/
Treasury Bulletin
4g
Treasury Survey of Ownership of Securities Issued by the United States
Governinent and by Federal Agencies, April 30, 1045
Section
I
-
Securities Issued or Guaranteed by the United States Governaent
The tables in Seotlon 1 present suamary data aa of April 30, 19*^ from the
Treasury Survey of Ownership of Seourltiss
Issued or Guaranteed by the United States.
The banks and Insurance companies covered
In the survey account for approximately 95
Table 1.- Sunnary:
percent of the amount of suoh aeourltlea
owned by all banks and Insuranoe oompanlea
In the United States.
Seotlon II presents summary data on
the ownership of federal land bank bonds.
All Interest-Bearing Securities
(In mllllona of dollari)
ClaeelficatloD
July
^
1945
Treasury Survey of Ownership of Securities Issued by the United States
Government and by Federal Agencies, April 30, 1045 - (Continued)
Section
-
I
Securities Issued or Guaranteed by the United States Government - (Continued)
Table 2.- Public Marketable Interest-Bearing Securities
-
(Continued)
ANALYSIS or OWNERSHIP BY TYTSB OF SECURITY, BY CALL CLASSES,
AND BY TAX-EXEMPTION PROVISIONS-( Continued)
?ARI A
Hald by iBTOitort eorarwl in Treanrr 9arr«y
InauraBca ee^aala
BftBka 1/
ClaselfleatioB
3H
•took
tttoal
Ufa
iDnnmca
baaka
banka
cofljiaDlaa
317
5»*2
elal
banks 2/
Pareantasa dlatrlbntlon
Typaa of aaeurlty;
Saourltlei lasuad by United fltatea
Traaaury bllla
Certiflcataa of indabtadnaaa.
Treasury notes
Treanry bonda
Postal saTlngs and other bonds.
Guaranteed by Ihiltad Stataa hf
10.
21.1
ll.U
56.5
1.6
at.?
17.6
53.5
bjr
653 fire,
eavoalty*
and marina
l&nraBca
coapanlaa
All U. S.
Govenuoent
ecaBolaa and
troat fmida,
and Federal
Baaerra
Banka
olaaaat of aaoorltiaa
7.S
12.0
79.6
U.l
3.8
91.9
U.2
3-5
92.0
3-2
2.9
93.6
"•.9
110.7
6.0
9.6
20.8
17.1
22.3
3.8
U.8
7.8
I8.3
9.0
l*3.'U
1»7.8
10.9
12.2
50.7
21.3
u.o
23.8
Total
Call classes:
Due or first becoming callable
Vlthln 1 year
1 to 5 years
5 to 10 years
10 to 15 years
1^ to 20 yaars
Orer 20 years
Tarloua (Padaral Housing Admlnlatratlon
36.6
19.
30.0
W.5
U.8
3.8
2.3
1.3
1-5
9.7
18.2
3U.8
15.5
U.l
dabantttras)
l"».5
22.1
38.1
10.8
12.6
1.9
75.0
6.0
4.8
1-3
9.1
3.7
.1
Total
Tax-axamptlon proTtslonsi 5/
Vholly axeopt from Padaral Ineoae taxes.
Partially exaopt fro> Pedaral iBOoae taxes.
Subjaot to Paderal laeoae taxes
.
.
28.3
71.6
9!! 6
10.2
89.8
Total.
?.ro.atag. dl.tribntlon Ij gnv^a of lartator.
Typ.i of ..eurlty;
Soonritleo i.oiMd bj Ohitod Stotoo
Tr.saujy blllo
Certlfieatos of iDdobtodnoia.
Treafury Dot.a
Traavuy bonda
Postal aarlncB and othar bonda.
Onaiantaed by thitad Stataa U/
100.0
.
Total
Call claaaaa;
Doa or flrat bacoDlng callabla
Within 1 yaar
1 to 5 7*nra
^ to 10 yaaro
10 to 15 yaara
13 to 20 yaara
Orar 20 yaara
Tarlona (Tadaral Honalns Idainlatratloa
dabantnraa)
Total
^
a-axgnptlon proTialone
Vholly azai^t fron Taderal income taxaa
Partially axavpt froa 7adaral Inooaa taxaa
Snhjaet to 7adaral Inoooa taxaa
i
.
Total.
•
6.2
93-8
8.T
91.2
Hald b7
all other
Invaetora
1/
Treasury Bulletin
50
Treasury Survey of Ownership of Securities Issued by the United States
Government and by Federal Agencies, April 30, 1045 •> (Continued)
Section
I
-
Securities Issued or Guaranteed by the United States Government
-
(Continued)
Table 2.- Public Marketable Interest-Bearing Securities - (Continued)
PABI B - DISTRIBUTION Or OHNIRBHIP FOR
(Par Taloae - la
leaue
(Tax itatae
^
le ahova In pareathaaea)
UOH
ISSUE OUTSTAHDINO
aUllsBa of dollare)
July
51
1945
Treasury Survey of Ownership of Securities Issued by the United States
Government and by Federal Agencies, April 30, 1045 - (Continued)
Section
I
-
Securities Issued or Guaranteed by the United States Govemnent - (Continued)
Table 2.- Public Marketable Interest-Bearing Securities
P^T
(Continued)
-
B - DISTRIBUTION OF OWNERSHIP FOR EACH ISSUE OUTBTANDINa-( Continued)
(Par valu«s - la Dllllons of dollar*)
BeUl ^7 Inraatora corarod In Treaanry Snrray
(Tax atatua ^/ la ahovn In pereatheaea)
Saska 1/
Total
amount
outatandlng
eonaarcial
tenka 2/
Treaaoiy bonda-(coBtlgaad)
Saptealiar 1951-53
Zf
Saptaabar 1951-55
Ji
Oaoaalbar
ait
1951-55
2-l/U<
855
II
"I
36
(partially)
(tarabla)
(taxabls)
1,118
879
353
3.192
3
37
317
515
(taxabla)
( taiabla
(partially)
8,662
1.501
725
3.283
1.173
(partially)
(partially)
6si
2,611
512
1,136
(taabla)
l,Ult9
>I22
Jm*
1952-5't
Saeaabar
1952-5>t
2-1/ki
3f
Jma
Jma
1952-55
1953-55
2-l/l*)t
Jnna
March
March
195'»-56
3«pta»bar
SaptaBbar
Jnaa
1956-59
1956-59
195»-63
(taiahla)
(partially)
(partially)
3.823
982
919
2-1/2*
2-l/2i
Daeaabar
Jnaa
Daeaabar
I96O-65
1962-6?
196j-6g
(partially)
(taiahla)
(taxabla)
2,118
2.831
2-1/2*
2-1/2*
2-1/2*
Jnaa
Daeaabar
March
1961*-69
I96I1-69
1965-70
(taxabla)
(taxabla)
(taxabla)
3.761
3.838
5.197
2-1/2*
2-1/2*
March
Saptanber
1966-71
1967-72
(taxabla)
(taxabla)
3.'W1
2.716
a-J/"**
2-3/lt)t
2-3/lt*
l,02l»
5.825
(lAolly)
(idially)
(vfaally)
Total postal aarlags aad othar bonds
711
U9
29
78
57
667
590
1,1U6
206
33
551
357
63
1.005
15
3<.20>
291
31*
All U. 3.
Bald
OoTarnfflent
all othar
aganelaa and Inraatora
trust funds,
and Tadaral
Heaarra
Saska
127
77
1.667
255
16
72
108
67
lU
90
208
23
1^
53
222
16
95
35
325
1*78
1*60
53
909
8O6
108
180
1,1*18
3,011
208
1)6
76
863
265
1.296
103
115
55
iSit
IU3
1.099
99
21(1*
1.652
l,6l«
1.613
1.575
I109
1.138
2.U71*
2.'»33
1.578
567
I.56I*
179
25U
16
357
U90
lUI*
193
25
29
35
3
653 tiT,,
caanalty,
and marina
Inaoranea
coapanlaa
251*
1.1U2
1.381
70
71*
692
535
503
867
l.SW
667
291
1.065
1.655
617
16,091
117
90
29
1U5
196
y
Ouarantaad seeorltls
Padaral Honsln« i^alalstration debaaJlpartlally)
turas
(taxabla)
I
HoBO Ovnars' Loan Cozporatioa
19U5-U7. .(partially)
1-1/2* Jana
•
279
627
l."»85
Total Traasury bonda
Poatal aaTlngs and othar bonda
Postal aarln^s boada
Paaaaa Canal bonds
CoBTarslon boada
Inaoranea
conpanlaa
678
2i
2-l/U)t
Ufa
^aaka
307
371
2i
2-1/2*
BUtual
aayln^
^anka
it,636
1951-53
1952-5U
1955-60
1956-58
atock
earing
7.9*6
755
510
Sacaatar
March
2-7/«!i
317
(tax»bla)
(part lally
(taxabla)
2-1/2)1
V
Xnauranca companla
3"*
Total guaranteed saeurltles
Total publle aarkatable seourltla
3
21*
755
199
JUS
788
163, U6g
71.1*33
Tba Traasury Surray eonaancsd vlth data for Mar^ 31. 19'*1 ^'^
has been published ragolarly In the "Treasury Bullatla* slaea May
19UI. BeTlsloas of data for September 30, 19UU appeared la the
Pabruaiy 191*5 Issue, page 53; reelaaslflcatlon of data on banks for
the period BoToober 191*3 through Tabruary 191*1* appeared In the May
191*1* Issue, pagee 52-57: ravlsloas of data on Insuranaa ooopaalaa
for May 3I, 191*3 aad prior months appeared In the BoTmber I9U3
Issue, pages 52-63.
Less than $500,000 or less than .05*.
Securities held In trust departments are excluded.
Includes trust coopaalea.
Thla colaan Includes sacnrltlss held by those banks aad Insurance
8,502
366
uraai
U/
^
19,0)0
17.185
2.1*55
25.701
37.826
See headcoapanlaa vfalch are not eorerad la the Treasury Sar-nj.
note to this faction.
Ouaraateed aecurltlas held by the Treasury are hot Included.
Pederal securities fall Into three broad groins vlth raapeet to
Imposition of federal Incoue taxes on Income darlred tharafroa.
"Wholly* tax-exseipt aecurltlas are exeunt from both the nora&l and
"Partially* tax-exempt securities are exempt from
surtax rates.
the nomal rates except that In the case of partially tax-exempt
Traasury and aaTlngs bonds. Interest derlred froa $5,000 of principal afflouat ovned by any one bolder Is alao exempt froa the sur"Taxable" securities are subject to both noraal and
tax rates.
surtax rataa.
Treasury Bulletin
52
Treasury Survey of OimerBhlp of Securities Issued by the United States
Government and by Federal Agencies, April 30, 1045 - (Continued)
Section
-
I
Securities Issued or Guaranteed by the United States Goveminent
-
(Continued)
Table 3.- Public Non-Marketable Interest-Bearing Securities
(Pur T&luel 1/ - In alllioni of dollari)
Held by inraatora coTarad in Traaauiy Sorrcy
lava*
Bankt 2/
ITotal
amount
outatandins
(Tax statnt 2/ It ibovn In parentheaaa)
XB«aruio« co^panls
5^
3^
tock
Unltad Stataa aarln^ bonda 1/
Sarlaa A-D
Sarlaa I
Sarlaa T
Sarlaa 3
6/
taiabla)
(taxabla)
(
(tauMa)
Total Unltad Stataa tarlnca bonda
IraatuT7 tai and taTinga notaa
idjuatad aarrloa bonda
Oapoaltary bonda
(taxable)
3.6lU
27.109
2.376
9.526
U2.626
(taxable)
9.109
217
;o8
Ooaranteed aacurltiaa JJ
ComDoditj Credit Corporation danand obllgatlona
(taxable)
3'»3
(wtaoll/)
Total public non-aarkatable eeenritlee.
52.803
nttt'oal
elal
arinc>
lanrance
banka U/
bank!
coB^anlei
llU
6
J5L
2;it
y>y
iDTestors
5/
19
3. HOT
27.109
2,222
15*
ltl,601
5«
9.027
217
Ul
196
1.833
5/
^
2/
6/
]J
clpal aaount owned by any one holder ia alao exempt from the eurtax ratea.
"Taxable' eecurltlea are aubject to both normal and
iurtax rataa.
Securltiea held in truat departmenta are excluded.
Includea truat companlea.
Thla colunn includea eecurltlea held by thoee banka and Inaurance
companlea which are not coTered in the Treaaury Sorray.
See headnote to thla aection.
Seriea k-t aaTlnga bonda eold prior to March 1, l?))! are partially
tax-axaopt; thoaa eold on and after that date are taxable.
Ouarantead aeonrltiea held by the Treaaoiy are not included.
Interest-Bearing Securities Issued by Federal Agencies
(Par Taluea - in illione of dollare)
laaue
Held
all other
U67
But not Guaranteed by the United States^
(Tax atatua 2/ la ahown in parentheaaa)
All U. S.
OoTernment
agencies and
trust funds,
and Federal
Beeerre
Bankt
JSJ_
560
leaa tban $$00,000.
United Stataa aarlDga bonda. Serlaa A-S. X. and J are ahovn at currant radeoption raluaa. They were reported at maturity Talue by the
banka and Inaurance eoiiq}anlea oorared In the Treaaury Surrey but hare
been adjuated to current redea^tion Taluea for uaa In thla etatement.
federal aacurltiaa fall Into three broad groupa vith raapact to lapoaltlon of federal incoDa taxea on incone derlred therefrom.
"Vholly" tax-exempt aaeurltiea are exempt from both the noraal and
eurtax ratea.
"Partially* tax-exempt aaciirltiaa are exempt from
the normal rataa except that In the caae of partially tax-exempt
Treaaury and aaTlnge bonda. Intereat derived from $5,000 of prln-
Section II
317
life
653 fire,
catnalty.
and marine
tniurance
oompanlee
Juhf
1945
PRICES
55
AND
YIELDS
OF
GOVERNMENT
SECURITIES
(Including securities issued by Federal agencies)
)
Treasury Bulletin
5^
Over-the-Counter Closing Quotations on Public Marketable Securities Issued by the
United States Government and by Federal Agencies
May 31, 1045
Table I.- Securities Issued or Guaranteed by the Unlt^d States Goyernment
PART A - TAXABLE BONDS, NOTES, AND OEHTIFIOATES
Prlea d<ta
(Prioa daelnala ara
thlrty-aaoonda)
isouat
Prlca raagfi
traded 2/
(Price daclBala ara
thlrty-aaconda
Tleld data 1/
aiJice firat
ottt-
Changa
Ctaaii«a
In
tn
(Nllllona)
19'»5 price rsBce 2/
(Price deolBala are
thlrtjr-aeoonda)
maan
frOB
ipp.30.
19U5
aarliaat
call
1/
lev
Elgh
yield
Bati>>
froB
rlty
lpr.30.
Price
iBta
Price
Date
Price
Skta
Prlea
Data
19<*5
leaued by
U.
3.
QoTenuBent
Traaamy bond a
$1,115
3.062
l.OlU
1,292
2.098
2*
1-3/U*
1,963
2*
2*
2*
2*
2-1/2*
"•.939
7.986
510
1,02U
5.«25
1,501
«,66e
3.833
3,118
2,831
3.761
3.838
5.197
2*
2*
2-l/U)t
2*
2-1/2)1
2-1/Ull
- S/lS/lW-SO
- 6/I5/U8
- 6/15/'t9-51
- 9/15/'t9-51
-12/15/U9-51
102.08
101.20
102.19*
102.22*
102.23*
- 3/15/50-52
- 9/15/50-52
- 9/15/51-53
102. 2U+ 102.25* 102.25
102.27 102.28 102.28
102.26* 102.27* 102.27
102.27 102.29 102.28
1.51*
105.26
105.28
105.27
- 6/15/52-5'*
- 6/15/52-55
102.27
-12/15/52-5'i
- 3/15/56-58
- 9/15/5&-59
102.27
106.23
103.12
102.29
101*. 10
102.28
102.28
IOU.09
102.28
-695/
-12/15/6U-695/
- 3/15/65-705/
35/
3/15/66-715/
15/
9/15/67-725/
102.20
101.26
101.15
101.11
101.02
101.01
IOU.O3
-12/15/51-55
- 3/15/52-56
2-1/2*
2-1/2*
6/15/
2-1/2*
2-1/2*
3.>I81
2.716
2-1/2*
3.21161
i.- 3/l5/''6
1*
90*
7/V!'6 5/
1-1/2* B-12/15/I46
}/'•*
.90*
1.9>)8
2.707
1.687
3.7't8
B-12/15/lt5
c- i/i/USs/
l-l/U* B- 3/15/1*7
1-1/2* A- 9/15/1*7
1-1/1** c- 9/15/1*7
1-1/2* A- 9/15/W
lOlt.08
102.09 102.08
101 .21 101.20
102.20* 102.20
102.23* 102.23
102.24* 102. 2U
1.18*
1.20
1-33
1-35
1-37
103.04
103.06
IOJ.O7
106.08
5/7
5/7
5/7
5/2
5/2
101.16
101.08
100.26
100.26
100.16
102.04
100.12
103.11*
5/2
5/2
5/2
5/2
5/29
1/2/1*2
102.30
102.10
102.05
102.04
102.03
lOe.03
lOU.OU
2/26
2/26
2/26
2/26
2/26
2/26
5/31
100.28
100.18
100.15
100.15
100.15
100.15
100.23
100.02
.72*
100.08
.85*
101.00
4/9
4/4
4/9
5/22
k/k
100.00
.84*
100. 2U
5/31
1/2
5/31
5/31
5/31
100.20
101.06
100.23
101. or
3/5
3/5
3/5
U/26
100.08
100.25
100.08
100.17
1/2
1/5
1/2
5/22
.87*
5/29
4/10
.78*
.79*
.80*
.81*
1/2
1/2
1/2
1/2
1.59
5/7/1*5
5/7/1*5
5/7/1*5
5/2/1*5
8/2/1*1
101.01*
11/8/43
ia/5/U2
3/20/Ul
1.66
1.78
1.67
1.90
1.98
6/26/W*
103.05
104.30
103.05
107.02
103.14
5/2/1*5 100.08
7/2U/44
1.52
103.13
102.22
101.28
101.17
101.13
i02.a
2.31
2.40
12/1/1*1*
102.03
102.03
10/20/1*1
lOU.Oi*
12/18/1*0
100.18
.72*
100.18 lO/25/Ul
2.30
.09
*.03
*.07
IO2.OI*
100.16 2/18/1*2
100.09 12/19/41*
101.30 12/26/41
100.01 2/29/1*1*
2/26/1*5
2/26/1*5
2/26/1*5
2/26/1*5
m
8/17/1*2
2/17/llU
3/2/1*1*
3/2/1*1*
2/16/44
12/19/1*1*
98.28
6/I/U5
.85*
1.01
6/5/1*2
101.00
10/6/42
.89* 12/29/41*
99.02 12/29/1*2
.86*
5/22/1*5
5/31/1*5
I/2/U3
V4/U5 100.01
l.Ol*
6/26/1*1*
1.08
1.08
1.18
12/1/1*4
100.20
101.06
100.23
101.07
3/5/1*5 100.07 12/28/44
3/5/1*5 100.16 10/14/43
3/5/1*5 100.06 12/27/1*4
lt/26/l»5 100.05
3/8/41*
12/1/1*1*
11/1/1*1
*.0l*
100.01
100.08
100.03
100.01
100.00
100.00
100.00
100.00
2/26/45 100.00
2/26/1*5 100.06
S/Jl/lKS 100.01
102.30
102.10
102.05
2. 1*3
.06
2/1/UU
5/2/!»5
5/2/1*5
5/2/1*5
5/29/1*5
I./I5/I.3
2.1*1*
l.OU
1.08
1.08
1.18
6/2/1*1
5/5/1*2
12/1/1*2
2.1*3
1.01
2/25/1*2
12/l/l*i*
2.1*2
2.1*1
100.12*
100.30
100.12*
101.01*
9/15/1*3
12/15/1*1
3/31/ltt
2!mO
2.1(1*
100.12
100.30
100.12
101.01
103.01*
5/3/1*3
103.04
103.04
103.06
103.07
106.16
1.56
99.31 100.00 100.00
.8(^
.78*
.79*
100.02* 100.03* 100.03
.86*
.87*
.85*
100.21* 100.25 100.21*
100.11*
100.29
100.11*
101.00*
101.20
11/2/42
10/19/1*2
U/15/1.3
103 :ll
101. oi«
5/1
1.57
1.58
1.63
1.70
1.78
1.57
1.60
1.59
1.81
1.91
101.03
IOU.O5
101.28
101.09
101.26
4/17/1*5
5/3/1*5
5/2/1*5
5/1/1*5
1.1*3
101.27
101.16
101.12
101.03
101.02
lOU.OU
2/26
U/17
5/3
5/2
104.05
101.28
103.00
103-02
103.03
1.51*
1.20
I.5U
1.51*
1.1*0
106. 21*
102.16
101.88
103.00
103.02
103.03
8/2/41 100.22 2/25/41
100.01 12/23/1*2
100.06
8/5/1*2
100.04 10/6/42
100.03
8/5/42
3/15/1*1
12/1/1*2
1/15/1*2
5/15/1*2
7/15/1*2
.00*
3/15/1*1*
103.05
1DU.20
103.05
107.02
101.2**
lOlt.OO
103.2;
'•2
9.26
100,
^*.6?'
l/l*
Certlflcatae of
lndebtedneae ~S/
>t.770
2.511
3.69t
3.'»92
U.395
5.0113
U.ll»7
U.Sll
1,579
7/8*
5/29/1*5
.80*
.81*
.81*
.82*
11/21/44
.83*
.80*
.81*
.81*
I/2U/45
4/U
5/31/1*5
5/31/1*5
5/31/1*5
5/12
8/1/1)5
9/1/1*5
10/1/1*5
8/1/1*1*
10/1/41*
.n
U/5/U5
.68*
i*/5/it5
B- 12/1/U5
*.09
12/1/1*1*
i.
BC».
*.oi*
*.oi*
2/1/U5
2/1/1*6
V1/U6
i»/l/U6
5/I/H6
.01*
.01*
par M
l*/5/l*5
9/1/1*1*
4/4/1*5
3/1/1*5
6/1/1*5
4/U/45
5/1/1*5
5/12/U5
PARI B - TAXABLE TREASURY BILLS
(MUliona)
.87*
4/10/U5
6/26/1*1*
7/8*
7/8*
7/8*
7/8*
iBonnt
ontatandlnc
.00*
25*
5/22/1*5
1/
-.02*
*.01*
*.01*
7/8*
7/8*
7/8*
7/8*
ft-
.00*
*25^
per N
.52*
6/1/1*5
IT-
4/U/l*5
ii/a/i*i*
11/21/44
12/19/1*1*
58*
64*
'•/5
M'
V5
4/1*
U/U
•2i
.80*
.81*
.81*
1/21*
5/31
5/31
5/31
July
1945
55
Over-the-Counter Closing Quotations on labile Marketable Securities Issued by the
United States Government and by Federal Agencies
May 31, 1045 - (Continued)
Table I.- Securities Issued or Guaranteed by the United States Government
FART
?rle» data
(Prle* deelaala *r«
-
Tlald data 1/
thlrtx-Mconda)
AaoQBt
ont•tandinc
(millSM )
froB
lpr.30
-
(Continued)
TAX-EXEMPT BONDS AMD NOTES
earlleat
call
Chang*
In
7l*ld
froB
ipr.JO.
Ikta
of
laaoa
?riea raaga
•Inea flrit trsdad 2/
(Price daclmala are
thirty- second*)
High
19U5 prlo* rase* 2/
(Prlc* declaala ar*
thlrt7-s*coDd*)
lo«
atn-
nty
Price
Data
?rlc*
Oat*
Prlo*
Ikt*
3/
I**u«d hy U.
S.
OoToraavnt
Tr*a»nry bond*
s-}/^
-
9/i5/'»5-it7 5/
2-1/2* - l2/15/'*5
3-3/U)t
/l5/'*-56
1.036
819
T59
701
1.323
U51
571
1*91
7«6
1,186
1.627
755
1
.
1.118
725
681
2,611
982
919
1,U85
6/l5/>i6-lH
6/l5/'»6-i49
3-1/811
100.21
101.03
102.18
102.16
102.19
100.28
101. Olt
102.20
102.18
102.21
a
l*-l/U* - 10/15/U7-52
2*
- 12/15/l»7
108.19
108.
103. Ill
l-i/^
105.16
105.20
IOU.O7
103.16
105. 18
105-22
-
S/IS/"*-?!
2-1/2* - 9/15/W
- 12/15/'t8-50
2*
100.22
101.04
102-19
102.17
102.20
109.28
107.00
107.25
109. 2«
111.17
-90
-92
.99
2-3/l»«
6/15/51-5^
9/15/51-55
109.23
111. lb
12/15/51-53
107.09
106.21
108.18
113-19
113.00
113.12
llb.lU
107.11
10b. 23
108.20
113.21
113.02
113. lU
lib. 16
107.10
106.22
108.19
113.20
113.01
in. 13
116.15
101.16
103.28
133-00
101.20
IOU.04
101.18
lob.oo
133-16
3*
2-1/t*
2*
2-1/U*
2-7/»*
.
•
!-il^
2-3/1*
2-3/"«*
.
¥M
3/15/55-M
?/15/5«-99
6/15/58-63
,
12/15/60-65 2/
107. 2lt
'l'.20
.25
10l».09
109-29
107.01
107.26
109.25
111.18
3 :J^
-59
.5*
.62
109.27
106.31
.ij*
-»5
-55
108.20
103.15
105.17
105.21
10b.08
3-1/8*. 12/15/U9-52
12/15/U9-53
2-1/2*
2-1/2*
9/15/50-52
.
:^
2. lit
2.ltU
2.9H
.62
1.7>t
.76
-78
.Ok
.OU
1.08
1.10
1.09
i:^22
::SI
1.69
1.61
1.69
.ok
.03
.76
1.20
9/16/35 UO.12
12/15/37 109. 2>t
3/15/26 ll6.li»
615/3^ 112.28
6/15/31 113.19
10/16/22
12/15/3*
3/16/36
3/15/3*
18/«/39
122.22
107.20
111.18
Ul.Ol
107.00
1.72
1.62
1.37
1.59
1.77
12/15/3'* 115-Olt
I.3U
1.29
12/22/39 108.01
10/7/60 107-07
7/22/60 108. 30
3/15/3'^ 114.08
9/15/3< 113-17
6/15/3* 113-27
12/15/3* 116.28
l.ltl
1.82
1.72
1.87
1.90
12/15/36
?<^5/3«
6/15/36
9/15/31
108.28
108. 30
U'0.26
113. 2l»
99.27
12/1U/1« 101 -OU
12/ll»/l«)
89.18
12/1 6/ ItO 9728
la/iu/iio 83.05
9/17/35 101.22
5/31/'»5 102.00
1/12/32 103.30
9/17/36 103.21
1/11/32 103.27
12/lU/llO
98.18
12/12/60
99-111
10/8/23 109.28
9/25/39 IOU.05
6/1/37 106.16
106.15
5/2lt/6o 104.26
12/12/110
I2/I2/I1O
99-10
12/12/60 100.30
12/12/110 101.10
H/12/lH
98-11
12/30/ltO
82.08
110.16
107-23
108. 26
110. 2U
1/11/32 112.00
3/IO/45 101.08
Vl9/>»5 101.19
6/13/65 102.02
3/*/^5 98.30
3/8/65 98.10
99.15
V13/65 99.16
108.01
2/15/lH 107.07
7/26/1(0 108. 30
9/20/35 llU.08
6/1/37 113.17
9/25/39 113-27
9/25/39 Il6-2S
12/12/60 101.07
I2/IO/I1O 96.19
12/10/110 99-1
5/2l«/'lO
other bond* 10/
3* CoBTeraloD - 1/1/U6
3* Conrarilon - l/l/'»7
3* Paaaoa Canal- 6/I/61
13lt.00
6/1/11
131*. 00
1935
7500
9/5/66
75.00
,.«]l<»-l6
i9»\ioi».29
6/18/2J 133-26
1/23
Prlo*
Ikt*
5$
Treasury Bulletin
Over-the-Counter Closing Quotatione on Public Marketable Securities Issued by the
United States Government and by Federal Agencies
May 31, 1045 - (Continued)
Table II.
iDOOnt
outstanding
(Mll-
Uou)
-
Securities Issued by Federal Agencies but not Guaranteed by the United States
July
1945
57
YIELDS
OF TREASURY SECURITIES
Based on Mean of
48
NT
2.60
2
40
2
20
50
52
54
ClosinxJ
'56
Bid
58
MAY
31.
1945
and Asked Quotations
60
62
'64
66
'68
Treasury Bulletin
5«
Average Yields of Long-Term Treasury and Corporate Bonds
(Fareant per azuram]
Partially
Taxable
tax-ex«n^t
Treasury
Treasury
))ondB 1/
bonds 1/
Hlgli-
grade
corporate
bonds 2/
Partially
tax-exempt
Treaeury
bonds 1/
^°J°^
Monthly aaTlet 2/
2.56
2.66
ifl..
May..
June.
2.«3
2.80
2.ei
Jtdy.
Aug..
Sept.
2.78
2.78
2.82
2.82
2.78
2.73
2.69
2.68
2.67
2.66
2.56
2.58
Joly.
tag.'
Sept.
2.58
2.57
2.63
2.55
8.56
2.56
2.5'»
2.U3
Apr..
May..
June.
2.38
2.27
2.22
Jnly.
2.23
2.27
2.67
Allg..
Sept.
2.60
2.U6
2.35
corporat.
Partially
taz-exes^t
Treatury
Treasury
t>ond> 1/
bond! 1/
Jvlyl945
CO
o
z
o
GQ
UJ
O
a.
o
o
>-
^
a>
^
UJ
a: (o
li
UJ
II
o
z
o
u.
o
(D
O
_J
UJ
>UJ
<
a:
UJ
59
go
CORPORATIONS
OF
THE
Treasury nulletiti
CERTAIN OTHER AGENCIES
UNITED STATES GOVERNMENT
AND
Juhf
61
1945
S€(ctIon
I
-
Summary of Assets and Liabilities of Corporations and Certain Other Agencies
Of the United States Government
Table I.- Summary of Balance Sheet Items, Segregating Interagency Items, March 31, 1945
(In adlllone of dollare)
Certain
other
agencies
Ageeta
Certain
other
agenclea
Liabllltlee (oontlnued)
Cash 1/
768.3
U69.6
DspositE with QoTemment agencies
334-1
33l».l
s.Uog.T
S.iJOS.S
Bonds, debentures, and notes payable
toi
y
Oovemnent agenclesi
Loans recelvahle from Oovemnent agencies
1*,
Accounts and other recelvahles from:
OoTomment agencies
Others, less reaerres
ftiaranteed securities Issued to
Treasury
Otiaranteed socurities - public
issues
Vot guaranteed U/
Others:
Guaranteed securities
Hot guaranteed U/
1.11*9.6
1.125.1*
1,236.5
1.236.5
6,0
362.6
Other llablUtlea 5/
Total llabllitie
3.196.9
2.633.2
563.7
30.538-7
28.395.3
2.11*3,1*
637.5
21.985-7
1*60.5
177.0
21,696.2
1*02.9
36.1
Capital
United States interest I
Government agencies
Other
1,756.5
1.669.0
Guaranteed securities held by Treasury., 11,562.7
11.562.7
Total capital
Total llablUtles and coital
1*51.1
1*51.1
g3.07U.3
21,87 3.2
53.613,0
29,596,1*
2U,oi5.6
33,623.1*
3,371.1*
30.252.0
11,562.7
-11,562.7
ll*.93i*.l
18,689.2
-a. 621,
-S.378.8
Analyale of Inveetment of United
Btatee
7,753.'*
Fald-ln capital
6U.7
20.7
Treasury loans to Oovemnent corporartions
Total Inveetment of United States
637.5
289,5
22.623,2
Private Interests
S.l*
16,733.9
Total United States Interest
87.1*
6.0
10.5
3S7.7
Capital stock and paid-in surplus of
Oovemnent corporations
8,057.6
lUa.i
I'.tm'.i
Commodities, sapplles, and materials.
,
11.562.7
6.0
8,1*20.2
855.0
2/
Investments:
Public debt obligations of ttalted
States.
Securities of Government agencies:
(Kiaranteed securities - public
issues
ITot goarenteed
Other, less reserres
11.562.7
177.0
1*60.5
Zamed
surplus 6/ (United States share)
33,623,1*
-11.000.2
Book value of t%iited States interest,
Other assets
^.
Total assets..
.
1,781*.
53.613.0
U15.5
29.596.1*
including Interagency Items
1.369.5
21*,
016.
22,623.2
Interagency items (net), amounts due
to:
2/
Government corporations
Certain other Government agencies.
Government agencies not required to
-333.7
-303.8
126.8
-1*60,5
-303.8
i.52i*.6
Book value of Ubited States interest
after exclusion of Interagency items.
193.9
10,631,2
Liabilities
Accounts payable and accrued liabilities
6U5.3
630.1*
i,'*57.6
558.9
1U.9
898.7
2.556.7
307.1
2,300.2
292.3
256.5
lU.g
2.00l*,8
Trust and deposit liabilities
Oovemment agencies
Others
Source:
1/
2/
^/
tloily Trea8iir7 Statement, M^ 1^, I9U5.
Sxcludes ime^ended balanceQ of .^iproprlated fimds.
Consists of acoountB and notes receivable, accroed assets, and
actvences to contractors and agents.
Consists of deferred charges, undistributed charges, and other
1.365,5
1*61.5
k/
5/
6/
2/
Includes notes for short-tena borrovrf.nes
Consists of deferred credits, undlstrihuted credits, and other
liabilities (including llaMlity reserves).
Hegative figures Indicate deficit.
Negative figures Indicate omountB due from egoncloo Indicated.
•
6s
Section
I
-
Summary of Assets and Liabilities of Corporations and Certain Other AgencleB
Of the United States Government - (Continued)
Table 2.- Comparison of Total Loans Outstanding by Type of Loan for
Recent Quarterly Periods^/
(la mllllonl of dollar*)
Source:
•
1/
Treasury Bulletin
Oally Treasury Stateme&t,
Less than $50,000.
SzeludBB loene receivable from Qovenment aeenciee.
Juhf
63
1945
Section
I
Summary of Assets and Liabilities of Corporations and Certain Other Agenclee
Of the United States Government - (Continued)
Comparison of Loans Outstanding of Each Agency by Type of Loani/
September 30, 1944 and March 31, 1945
(In millions of IoIIstb)
Corporation or other
oeency
,
Treasury Bulletin
6l^
Section II
Assets and Liabilities of Corporations and Certain Other Agencies
Of the United States Government, March 31, 1945
Table 1.- Corporations U
(In alllloni of
doUari)
July
1945
65
Section II - Assets and Liabilities of Corporations and Certain Other Agencies
Of the United States Government, March 31, 1945 - (Contlnuedl
Table !•- Corporations^- (Continued)
(In millions of dollars)
Department of Agriculture - (continued)
Regional
Agricultural
Credit
Corporation
of
Washington,
^
IU.3
Caeh
Deposits with other QoTernment agencies
Loans recelTable from OoTemment BLgenci
Loans receivable from others
Reserve for losaes
Less:
Loans receivable from others (net)..
Accounts and other roceivahles, li
CommodltleB, supplies, and materials
9.2
_
Investioents:
Public debt obligations of United States
Securities of GoTernment agencies:
Guaranteed securities - public issues. ..
Not guaranteed
Other securities, less reservea
Totfid investments (net)
Land, structures, and equipment, less reservee.
Acquired security or collateral (net)
125-6
Capital stock and paid-in surplus of Oovernmant
corporations
Other assets 10/
•
Total assets
126.9
Liabilities
Accounts payable and accrued liabilities....
Trust and deposit liabilities
11/
Bonds, debentures, and notes payable:
Guaranteed securities issued to Treasury.
Guaranteed securities - public issues....
Not guaranteed 11/
Total bonds, debentures, and notes payable 11/
Other liabilities VJ/
Total liabilitlee
Capital
United States owned:
Capital stock
Paid-in BurpluB
Expended appropriations..
Earned sui^jIub lU/
Total United States owned
115.0
11.9
is.e
Privately owned:
Capital stoclc
Earned surplus lU/
Total privately owned....
Total C£5)ltal
126.9
Total liabilities and coital..
Analysis of invesUient of United States
Book value of United States Interest, including
interagency itens 15/
lb/
Interagency Items (netT. amounts due to:
Govenunent corporations
Other Government agencies excluding Treasury
loans to Government corporations
Book value of United States Interest after exclusion of interagency Itene
126.9
Springfield, Mase., Louisville, Ky., and Ebuston, Texas which have
retired the capital stock and paid-in surplus previously held by the
United States Goverrjnent.
Excludes unexpended balances of appropriated funds.
Includes $71.1 million of loena made by conmerclal banks on behalf of
the E:q)ort- Import Bank under agency agreements.
Excludes $13.6 million of loans diecounted with Federal intermediate
Tedarol
Term
Mortgage
Corpora-
66
Treasury Bulletin
Section II - Assets and Liabilities of Corporations and Certain Other Agencies
Of the United States Government, March 31, 1945 - (Continued)
Table 1.- Corporations!/- (Continued)
Juiy
1945
67
Section II - Assets and Liabilities of Corporations and Certain Other Agencies
Of the United States Government, March 31, 1945 - (Continued)
Table 1.- Corporations
i/
-
(Continued)
68
Treasury Bulletin
Section II - Assets and Liabilities of Corporations and Certain Other Agencies
Of the United States Government, March 31, 1945 - (Continued)
Table 2.- Certain Other Agencies
July
1945
69
Section III
-
Sources and Application of Funds of Corporations and Certain Other Agencies of the
United States Government, for the Nine Months Ended March 31, 1045
Table 1.- Summary of Corporations and Certain Other Agencies
(In thousands of dollars)
Total
Certain
other
1/
a^nclee
1/
Sources of funds
Borrowings:
yrom U. S. Treasury
Trom Oovemment agencies
rrom public
,
Total borrowings
,
Capital and surplus Bubscrlptlons:
By U. S. Treasury
By GoTemnieut agencies
By public
Total capital and surplus subscriptions
Appropriations 2/
Sale or collection of InTestments:
Public debt obligations of United States
Securities of GoTemment agencies
Other securities
,
Total sale or collection of inTeetments
Repayments on loans
Sale of acquired security or collateral
Decrease in working capital and deferred Items
Funds provided by profit on operations kf
Other sources
^
y
,
Total funds provided
Application of
fundfl
Bepaynent of borrowings:
To U. S. Treasury
To Government agencies
To public
Total repayment of borrowings.
Repayment of paid-in capital:
To U. S. Treasury
To Government agencies
To public
Total repayment of paid-in capital.
Purchase of Investmente;
Public debt obUgatlons of United Statee
Securities of Qovernment agencies
Other securities
Total purchase of investmente
Loans made
Acquisition and Improvement of acquired security or collateral.
Acquisition and Improvement of land, structures, and equipment.
Increase In working capital and deferred items
Funds applied to loss on operations U/
Other applications
Total funds applied
Ad JufltmentB of net Inoome or loea
Vet Income or lots 6/
Depreciation and obsolescence
Assets charged off
Capital gains and losses J/
Adjustments of valuation reserves
Other adjustments
Funds provided by profit on operations
Funds applied to loss on operations...
2,700.000
U.U91,1A7
gUj.lUS
70
Treasury Bulletin
Section III - Sources and Application of Funds of Corporations and Certain Other Agencies of the
United States Government, for the Nine Months Ended March 31, 1945 - (Continued)
Table 2.- Corporations!/
'(In
thoueandi of dollara)
July
1945
71
Section III
- Sources and Application of Funds of Corporations and Certain Other Agencies of the
United States Government, for the Nine Months Ended March 31, 1945 - (Continued)
Table 2.- Corporations
3J-
(Continued)
(In thouflazide of dollare)
Departmeat of A^rlcultvure - (continued)
tfar
Heglon&l
Agrlcultii.ral
Production
credit
corpora-
Credit
Corporation
of
Waahlngton,
tions
Federal
Tana
Kortga«e
Corporation
Food Administratio
Federal
Surplus
Commodities
Corporation
Goamodlt?
Credit
Corporation
SourcflS of funds
Borrowinge:
I^om U. S. Treasury,...
From GoYemment agencie
l^om public
1,5110,000
Total borrowlnea
1.801*, 993
Inland
Vatervaya
Corporation
The
Virgin
Iilande
Company
1^
570
261*,
993
"570~
Capital and surplus BUbscrlptione:
By U. S. Treasury
By Qovernnent agenclee
I^ public
TotEil capital
and surplus su'bscrlptlons.
Appropriations 5/
Sale or collection of Investmente:
Public debt obligations of United States
Securities of Government agencies
Other eecurltles
82.101
236
7.159
Total sale or collection of investsienta
S9,260
Bepaymenta on loans
Sale of acquired security or collateral
Decrease In working capital and deferred IteicsS/
Blinds proTided by profit on operations 2/ 10/
Other source s
.
Total funds provided
172,007
91,02lt
U,3l(0
sal*, 521*
23,67lt
3"*, 11(3
111*.
21*3
6,721
±21
89,
.'
236
20,28R
za
85
ll*
106
259
6,729
50,003
308,235
"TsT
969
Application of funde
Eepayment of borrovflngs:
To U, S. Treasury
To OoTemnent agencies
To public
2ltU,000
81*1*.
000
779
Total repayment of borrotange.
32,157
626,205
276,157
1,1*70,205
130
lis/
130
779
Sepayment of paid-in capital:
To U. S. Treasury
To GoTemicent agencies
To public
Total repayment of paid-in capital.
Purchase of investaents:
Public debt obligatloiiB of United State
Securities of QoTernnent agencies
O.ther securities
.17T
276
607
Total TTurchase of investments
_22L
Loans made
Acquisition and inprovement of acquired security or collateral
Acquisition and improvement of land, structures, and equipment
Increase in vorklng capital end deferred items.,
Funds applied to loss on operations
Other applications
1.65t
,
^
Total funds applied
,
_2I5_
30,1*18
,
227
212
1*67,21*2
3.269
til/
"TsT
89,264
tdjuatments of net Income or lo
Met income or loss 11/
6,685
Depreciation and obsolescence
Assets charged off
Capital gains and losses 12/.
Adjustments of valuation
Other adjustments.
:
.
if/
-l!*3
1.306
-1
3.1^9
-3.286
-368
3.153
6O8
17
I169
1*67.21*2
3.269
-S67
6.721
212
Coa&lBte of Cargoes, Inc., Petroleun Reaervee Corporation, H'lbtjep
Development Corporation, and U. S. Comoerclal Company.
Includaa funds of Federal Land Banke of Springfield. Mass.. Louisville. Ev,
and Houston, Texas, which have retired the capital stock
and paid-in eurplUG previously neld by the United States Government.
,
-1*1*5.718
,
Funds provided by profit on operations.
Funda applied to loss on operations....
y
126
-U,30l
Represents net expenditures from aporopriated funds,
EKCludes loans made by commercial banks on behalf of the ExportImport Bank under agency agreements.
Figures are partially net.
The increase In working capital and deferred items is shown below
(Continued on following page)
Treasury Bulletin
78
Section III - Sources and Application of Funds of Corporations and Certain Other Agencies of the
United States Government, for the Nine Months Ended March 31, 1945 - (Continued)
Table 2.- Corporations
i/-
(Continued)
July
1945
73
Section III - Sources and Application of Funds of Corporations and Certain Other Agencies of the
United States Government, for the Nine Months Ended March 31, 1045 - (Continued)
Table 2.- Corporations!/- (Continued)
(In
thouMndt of dollars)
7^
Treasury Bulletin
Section III - Sources and Application of Funds of Corporations and Certain Other Agencies of the
United States Government, for the Nine Months Ended March 31, 1045 - (Continued)
Table 3.- Certain Other Agencies
July
1945
75
INTERNAL
REVENUE
STATISTICS
J
)
. ..
Treasury Bulletin
76
Summary of Internal Revenue Collections
^
(In thouaanda of dollars)
1935
1936
1937
1938
1939
3.277,690
3.512.852
191(0
19111
5.303.13't
IdJtLstnant
to lally
5.6711.318
5,161,231
1.105,788
1.1*27,1*1*6
67U,l*l6
11.6311,308
5,6U3.8li«
2,179,828
2,629.030
I.091.7U1
1.286.312
572,115
738,521
1,056.909
1.299.932
5.162,361*
2,185,111*
1,028,831*
1,122,51*1
5.322,771
2,129,609
982,017
7.351.53't
3,1*71,121*
1.1*17,655
1,120,582
2.016,297
13,029,915
8,006.88U
16,298,888
33,027,802
3.262,800
6.629,932
18,261,005
lU.629.3i1l*
2,289,328
1,859,231
1,288,899
1*20,31*1*
3,260,51*1*
ltl.6«u,9«7
1,565, '•77
3,023,5^5
-52, 61
June
5.73'*,l69
+622,512
July
iu^uat....
September.
l,98l+.6lt6
-635.503
2,702,lt«6
-1*7,863
+691,71*8
.
3,01+2,1177
February.
March
3,81'*, 557
April
May
2,71*5,867
6,1131,321
2.920,957
22.368,721*
110.119,510
3,076,173
5,111,658
2,620,11*9
2.750,5't9
5.057,236
-607,262
-95,871
+679,875
1*,
568,1*13
527,113
1.729,1*91
1,712,1*02
l», 1*89, 671
1,318,91*1
687, 1*62
9,581*, 715
1*.
1*03,887
l,3'*0,l*l6
366,022
1,356,371
3,108,1*61*
2,1*87,738
2,396,21*0
265, 612
1,809,766
1,633,189
1,322,758
1*78,507
i,2i*i*,a!7
1*.
3.669,61*2
327,870
382,066
3,3lU,922
-631,287
-170.735
+n3,5lto
3.673,761*
3,02li,l6l*
3,985,292
5,617,781
3,157,95'*
U, 995, 87'*
2,617,322
2,726,523
1,821,017
-285.266
-352.957
3,031,133
3,273,895
2, '•07,
1,760,877
1,989,318
751
2,1106,326
Miicellanaoua
profits
taxaa U/
Total
eoployment
taxes
Railroad
retlre-
Old-age
insurance
5/
3,281,791
19IA
igltS-January.
y
3,'*9't,331
-36,797
-22U,755
1,880,1176
2,300,
2,300,^70
if
-ii.ioi
7.361.675
12,993,118
22,lUj,969
',9'i5,,1187
IndlTldual
Corporation
IncoBa and
exceaa
profits
-37.168
30,1170
-1.133
-19.6V
lO.lLl
5.7'*«,985
Total
in coo a
and
proflta
taxaa
18.521
191*2
I9i»3
October . .
SoTomber.
December .
Total
Internal
reTenue
collect loni
Traavury
Stateaant
U. 597,11)0
19l»U-May
Anploynent taxes
Incone and proflta taxea
Total
receipt*
froa Internal reTemu
(Daily
Treasory
Statenent
Iftieoploy—
nent
ment insnrance 6/
2/
6,560
ll*,509
1*8
n.l78
265. 7U5
1*2.786
71*2,660
207.339
902,918
33,7to
71*0,1*29
,529,836
27.010
37.172
56,621
833.521
925.856
1.185,362
605,350
687,328
895.336
8>*.2l*l
1,1*98.705
1,131,5116
137,1*52
1.738.372
9,753
18,970
6.663
5,96U
835
2'*,
1*8
58,119
90,267
101,167
287
11*9,1176
109,1127
122,01*8
1,290,025
106,123
100,65s
119.617
156,008
183.337
303,859
'W.395
25l»,715
u.osu
'*,5'»2
1.165
38,060
38,689
136,1*75
127,81*6
261,058
38,508
216,672
3,353
5,9^1
8,966
677
:^!'*78
137.871
170,1*09
211.151
265,011
2,688
8,501
6.836
21*3.026
199.507
26,81*9
36.981
3,101*
5,688
7.991
877
2,937
35.528
33,000
1*01,817
1*25,366
5,026
6,065
61,571
106,572
3,362
1.502
16,577
13.1'*5
71,268
263
5,789
30,021*
317,1*12
3,161,712
637,651
9,22l*
'*,931
9.885
106,510
296,726
99,916
1*07,123
256,31'*
XO.330
125,1170
102,795
19'*,
52,'*19
1.6S3
30,082
Hiecellaneoue InteroAl rerenue
Total
Dlecellaneoui
Internal
reTenue
ManufacCa«>ltal
•toek
tax
letate and
gift taxee
ilcohollc
berera^e
taxet
91,508
212.112
Uio.926
2,0Cll».513
9'*,9l*3
378,8ll0
505.21*3
2,188,735
2,272,158
2,236,821
137,1*99
139,31*9
105.51*8
1*16. 87U
127,203
360.715
593.831
567.669
587,605
191*0.
2.359,61*1
360,071
191*1.
191*2.
2, 95"*.
191*3.
'*,57l,131
191*1*.
5.353.336
132,739
166. 653
281,900
328,795
3*3,702
1935.
1936.
193719381939-
1,61*9,781
553
3.837.670
1107,058
62U.06U
819,869
1*32.51*0
1.01*8,165
1*7, U96
ezclee
i*5«,n6
500,785
551,923
567.777
96,775
6l*.i*i*I»
102, 910
ai*,o68
128,357
193,918
29,170
209,939
62,670
35,310
201,911*
77,311*
86, 022
182,761
77,507
October .
Noveober
Dacember.
51*3,877
18,61*0
520,025
558,989
36I*
38,520
31,707
311
1*9,690
203.75"*
201.1*61
19115-Jamary..
51*6,806
509,926
560,337
(-21)
2U7
1*9.
Itebruary.
March
April.
May...
516,871
570. SU2
2/
^
]*/
1.075,1101
71,586
87,679
81*. 763
182,31*5
1*7,687
1/
728,691*
76,663
1*1,862
50,061*
183
776,889
529,058
1*09
206,831
80,868
81,083
152
1.035
75'*,
(-67)
11*8,925
617.373
852,069
670,015
988.1*83
1*82,986
(1) Total receipts txoa internal rerenae:
(2) Detailed collections by type of taxi
1113,5110
llll7.08«
l.l|23,llS0
1*98.81*9
oe:
396.891
38,681
39,057
Ul,702
<tli9,S5ii
1,618,01*5
July
ingoBt ....
September.
1*09
I116.75I1
31*2.275
379.51*0
608,073
697.712
780,792
923,857
June.
.
1*6,233
1*1,083
91.051
76.173
80. 161
117,. 502
'J3.133
68,990
'69,919
579,781*
19l|l|-He9^..
.
Agricultural
adjuatnent
taxea
turers' and
retailers'
194,863
196,077
77,521
81,180
5.3U5
5,11*2
656
95,259
70,601*
11,893
119,51*2
5,718
116,579
2?5
206,1*08
37.1*115
19l*,59l*
78,1150
66,oI*7
89.153
170,878
73,621
75.U73
61*, 298
171,062
67,625
83,025
180,161*
Dally Treaaory Statflsaentst
Seports of collections made
by collectors of internal reTenue.
]bcludee collections for credit to certain trust accounts for territories and insular possessions, etc.
Includes collection of taxes withheld by employers pureiiant to 'the
BaTenue Act of 19U2 and the Current Tax ferment Act of 191*3Includes income tax collections on Alaskan railroads. The excess
profits tax Included in this column is that Imposed under the
Second Berenue Act of 19l*0. as amended.
Consists of the declared value excess profits tax, the profit limit-
^
6/
1*5.155
50. 800
115,91*6
10l*,i99
S/
5,1*35
96,517
5.983
116, 192
1*00.501
732,332
139,091*
115,099
113,119
102. 617
112,1*88
90,376
89,755
116, 530
ing proTieions of the Vinson Act, and the tax on an.}ust enrichment.
Bepresents collections under the federal Insurance Contributions
Act commencing September 1939: prior thereto, collections under
Title Till of the Social Security Act.
Hepresentg collections under the Inderal Unemployment Tax Act
commencing September 1939: prior thereto, collections under
Title
of the Social Security Act.
Bepresents collections under the Carriers Taxing Act of 1937,
Includes tax collections xmder the Sugar Act of 1937 and under
the dlTldenda tax Imposed by the Act of June l6, 1933.
n
7/
9"*,
526.222
62,323
July
77
1945
COLLECTIONS OF INTERNAL REVENUE
1930
SI
'32
'33
'34
-35
36
37
'38
39
40
41
42
43
45
44
DOLLARS
I
Individual
Billions
Income Taxes
Corporation Income
"and Excess Profits Taxes-!/
,
18
I
I!
;:::^I7
^
9
-
8
u
1930
-32
-34
36
tl
-38
^aUUiI
Treasury Bulletin
78
Detailed Analysis of Internal Revenue Col lect lone i/
(In thouundt of dollari)
Tint
11 aoBthi
•tay
ntoal
I9UU
I9I13
I9UU
19SU
19U5
1.751.365
19115
locoma and proflta taxes:
IndlTldiial:
Withheld by enployere:
Current Tax Parent let of I9U3 3/
Bevenue lot of l^lli
Other:
Current
Sack
^
Total individual Income taxes
Corporation;
Income taxes:
Current
Bade
y
7.038,1*38
7.000.373
1.5l*l».523
78U,997
7811,903
183
10
309.081*
201,088
£86,01;
5.771.001
173,916
lO.253.8T
6.629.938
18. 261. 005
U,136.967
383.885
1»3.7M'
l»,
762,711*
521.1*31
9.009,237
177.593
7.1*0.597
167.076
y
16,972.106
3.719.181*
lt7«.323
3.56U.072
1*15,208
5.1l'lO
JL155_
1.859.231
1.989,318
86,028
22.669
70,061*
1*2,258
Ixcess profits taxes (Second BeTenue Act of 19'lO
as amended)
5.063. a6l>
9.3'»5.198
7.171.293
9.108.255
Total corporation taxes
g.Sglt.TlS
lU. 629. 31*1*
11. 368. 800
t?'<"7-? ??
1*20.31*'*
1*07,123
ss.oie
136. 980
118,018
J?
122.819
9.7116
9.81*6
U3U
1*26
118,1*83
Miscellaneous profits taxes:
Declared value
Vinson Act
Unjust enrichment
Total Qlscellaneous profits taxes
Total Income and profits taxes
Smployment taxes:
Social Security taxes:
01d-a«e insurance 2/
Unemployment Insurance 6/
Total Social Security taxes
Ballroad ret Irement Jj
Total eoployment taxes
Miscellaneous Internal revenue:
Capital stock tax
iteo
i.goa
aU.gin
137.1*52
33,027.802
I.I3I.5U6
is6looe
1.290,029
183.337
1.285,1*83
1.303.503
185.360
25>>.7l5
11.081*
256,311*
182.172
1.287.55't
1.1*73.361
1.1167.655
1.1*88:163
265.799
266,61)1*
211.151
265.011
226.122
21*6.291*
38,060
30.082
1.U98.7D5
1.738.372
1.693.977
1-T35.157
303.859
296,726
536.O85
to. 765
63,035
328.795
380.702
379.667
U1U.531
U73.U66
U23.917 r
JLS^
Tobacco taxes:
Cigars (large)
Cigars (small)
Cigarettes (large)
Cigarettes (small)
Snuff
Tobacco ( chewing and smoking)
Cigarette papers and tubes
Leaf dealer penalties, etc
Cigarette and cigar floor taxes
Total tobacco taxes
Stamp taxes;
Bonds, issues of capital stock, deeds of conveyance, etc
Transfers of capital stock and similar interest
sales
Playing cards
Silver bullion sales or transfers
Total stamp taxes
83.>io6
698,300
18,836
122.995
9.753
31.036.231
Xetate tax
Total alcoholic beverage taxes
L
16.298. 888
01ft tax
Alcoholic beverage taxes:
Distilled spirits (imported, excise)
Distilled spirits (domestic, excise)
Distilled spirits rectification tax
Vines, cordials, etc. (Imported, excise)
Vinss, cordials, etc. (domeetic, excise)
Brandy used for fortifying sweet wines (repealed
as of July 1, I9IW)
Dealers in distilled spirits; rectifiers; manufacturers of stills (special taxes)
Stamps for distilled spirits intended for e^ort,.
Case stamps for distilled spirits bottled in bond.
Container stsmp s
Tloor taxes
Fermented laalt liquors
Brewers; dealers in malt liquors (special taxee)..
ilL
9.885
2,1106,326
(-67)
1,263
37.71*5
37.229
1*5.161*
286,871
611.835
180.065
28.1*88
5EE!lt96
17.136
1.183,1*86
29.1*99
69.161
18,871*
26! 768
1*1,989
3.372
29,822
86,938
2,899
137
3.785
5.766
168
295
753
lt.027
32.920
30,068
l.g
2.009
12
7,008
1
8.109
2
1.36?
8.516
1
1.299
IO.5U9
111.539
U55.63U
3.g3«
559.152
3.375
1.330 r
7.717
57.960
500.131
2.557
l.U23.lt80
1.618. 0U5
1.1*23.182 r
23.075
30.152
107
27.502 r
97
30
835.231
7.553
U7.8U9
1.UT2
U
8.556
923.857
a. 766
7.69U
85,831*
903.958
7.692
1*5.269
1.16U
2
5o_
719
57
877
21.985
56.086
511.621
2.191*
37
58
182. 3115
180. 16I*
2.723
9
13
67li
7. Olio
7.179
719
1.057
2
U2
1*5.1108
3.61*8
1.173
711
3.228
28
121
7U.U6U
785
U.269
131
2.356
3.2113
33.51*1
7U
99
562
829.872
750.91*5
91*
1*1.
988.1*83
26.2U3
23.81*1 r
17.096
15.658
6.801
7.1*11*
!tl_
'*5.155
817
IO.3U3
83.229
579.556
50. 800
(Continued on following page)
1*6.31*9
2.101
633
5
22.381
6.96U
gU
i*,3a
July
79
1945
Detailed Analysis of Internal Revenue Collections
i'
- (Continued)
tlD thousand! of dollars)
First 11 months
Hay
lauu
rtscal
7«ar
I9U3
19l»lt
Miscellaneous internal rerenue (continued):
Manufacturers' and retailers* excise taxes:
Lubricating oils
Oasoline
Tires and tu^ee
Floor taxes on tires and tubes
AutoDobile trucks and huoes
Other automo1)ileB and Dotorcydes
Parts and accessories for autooobilee
Electrical energy
Hlectric. gas, and oil appliances
«
Electric light bulha and tubes
Hoctrlc signs (repealed as of ll/l/US)
Hadio sets, phonographs, cooponsnte, etc
Phonograph records
Musical instruments
Mechanical refrigerators, air- conditioners* etc..
Matches
Floor taxes on matches
Business and stors machines
Furs - retailers sxcise
Jevelzy - retailers' excise
Luggage - retailers' excise (effeetlTe U/l/l|lt) .
Luggage - manufacturers' excise (suspsnded as of
28S.786
1«.2«0
65
U.230
l.MSU
20,U7g
W.705
6.913
3.657
61U
5.561
1.817
1.280
5.966
9.367
6.l(£l
111.223
'
88.366
.
1*/1/1A)
Optical equipment (repealed as of ll/l/>t£)
Photogrmphic ^paratus
Rubbsr articles (repealed as of 11/1/U2)
Sporting goods
Toilet preparations - rotallers' excise
Washing machines (repealed as of ll/l/Us)
Firearms, shells and cartridges
Pistole and reTolvers
Hepsaled taxes not lijted aboTs
ce:
r
*
1/
2/
665
P
25
79.328
370,536
69,360
5.259
26.788
16.828
2.320
710
135
3.352
"1.035
3.2't7
2, 160
1.222
31.551
51.239
5.027
5.368
255
1.133
28,671
52.631
10,910
10,505
52
"1.991
au
3, "102
3,2't8
li,321
1.889
1.691
591
2.329
7.722
55
1.80S
82U
1.1*53
655
198
56
122
8,560
61*1*.
3. "138
2,lt06
8,671
116,703
"i."i75
3.961
1*3.517
57.623
102.821
8,918
76,925
170,920
8.3'13
3.05"!
68,1129
"1.777
8
7
11.907
295
2,>t9S
10,989
290
2,289
"111,790
39. "155
6£g
'%
"1
3.760
58,726
113.373
5.6«2
6,olt3
11.563
3.052
"1.779
32
1,008
13
17.820
212
3.819
79.829
U
3.032
96
33
5.W1
1*
66U.250
670.015
728.69"!
5.626
53.552
I."i03
1.396
68.789
63. "152
91.17't
l"il.275
66,9«7
13.672
57.13?
82.556
1U6.289
378
6.070
90.199
15.851
153.683
138.051*
82,66$
1U.2J9 r
76.663
5.61*7
189.783
122,037
12.891*
8.801*
ll*.981
216.898
1.577
15.68U
215. "188
l3'i.326
197.203
203,01*3
20.651*
126,1129
120.277
352
6.59U
178.563
26.726
9.182
2,208
a6
215
6,675
276,816
139.
"lie
6.056
157.2i»3
53
9
550
2U.113
U.50U
1.273
18,"»75
21.806
8,180
1.679
16,521
12.582
3.528
16.015
18
17
1*1*
2.621
788
1.939
20
"t.oeii
3. '179
779
7.190
553
3.883
13
U.77H
537
5.711
732.332
1,075.'I01
972.1191
1.31'«.7U3
96,775
571.131
5.353.336
li,85U.ll87 r
6.387.802
1*82.986
22.368. 72U
l».U9.510
35.007.852
39.159.190
3.076.173
-22"».755
1.565. "177
9112.966
-6U1.581
-52.628
38.517.609
3.023.5"i5
16,397
6,520
1.853
10,M87
16
52. "192
"13
299
193
39
1*23
11
201
Total miscellaneous taxes.
Total receipts from internal revenue (Dally Treasury
Statement ;
"18.
62
vires, etc
Local telephone service
Transportation of oil by pipe line
Transportation of persons, seats, berths
Transportation of property (effectiTe 12/1/U2),..
Use of motor rehicles (sffectlTe 2/1/U2)
Use of boats (effectiTe 2/1/U2)
Leasss of safe-deposit boxes
Admissions to theaters, concerts, etc
Admissions to cabarets, roof gardens, etc
Club dues and initiation fees
Bowling alloys, pool tables, etc
Coin operated devices
Adulterated and processed or renovated butter,
mixed flour 8/ and filled cheese
Oleomargarine, including special taxes
Narcotics, Including marihuana and spscial taxes.
Coconut and other vegetable oils processed
Bational Firearms Act
All other, including repealed taxes not listed
above
Adjustment to Iblly Treasury Statement.
36.503
I.IU9
Miscellaneous taxes:
Bituminous Ooal Act of 1937
Sugar Act of 1937
Telephone, telegraph, radio, and cable, leased
Total Internal revenue collections
250, IBS
'10,309
U.ld
1U,88S
U.06g
32.677
Total manufacturers' and retailers' excise taxes.
Total mlscsllaneo\u internal revenue.
52.U73
271.217
u.
22.1''3.969
(1) Total receipts from internal revenue:
Sally Treasury Statements; (2) Detailed collections by type of tax:
fieports of collections made by collectors of Internal revenue.
Revised.
Less than $500.
Excludes eollsctions for credit to certain trust aoeotmta for
territories and insular possessions, etc.
Collections under the Current Tax Payment Act of 19"l3 *• shown
in this table consist of those for which returns have been filed
with the Collector of Internal Revenue; receipts under this act
as shown In Dally Treasury Statsments consist of withholding
taxes deposited in Government depositaries in addition to payments acco^anying returns filed with the Collector of Internal
Ui. 6811.987
u
y
5/
6/
1/
8/
35.950.818
Revenue.
Current collections consist in general of taxes paid within twelve
months after the cloee of the taxable year for which the return
was filed.
Current individual income tax collections for the first 11 months
of the fiscal year 19"*5 Include payments on unforgiven portion of
191*2 tax, due March IS. 19"*5, of $308,605 thousand (final) for the
period. JanusuT 1. 19U5 through April 30. 19"*5.
Repressnts collections undsr the Federal Insurance Contributions Act.
Represents collections under the Federal Unemployment Tax Act.
Represents collections under the Carriers' Taxing Act of 1937.
Tax isposed upon the manufacture and sale of, and the oCCTq)ationed
tax on, mixed flour repealed as of November 1. 19"l2.
80
MONETARY
STATISTICS
Treasury Bulletin
Juiy
1945
«i
Gold Assets and Liabilities of the Treasury
(In mllllont of dolUra)
lad of calendar
/ear or month
Oold certificates 1/
Oold
B«alnlt U. S.
noteSt etc. 2/
Exchange
Stabllliatlon
Tund 2/
19351936.
193T.
19381939-
10,132.9
11.257.6
12,760.0
llt,5U.2
17.6U3.U
7.679.5
8.959.6
9.212.3
11,872.8
15,278.6
156.0
156.0
156.0
156.0
156.0
1,800.0
i,soo.o
1,800.0
1,800.0
1,800.0
3UI.9
1.591.6
682.U
igw.
19, 825.lt
19U1.
i9i«.
21,99U.5
22.736.1
22.726.3
19lt3.
a.937.8
20,618.8
1.800.0
1,800.0
1,800.0
1,800.0
1,800.0
215.3
158.
160.7
19UI1.
20,56U.E
20.611.9
19,821.0
18,U97.U
156.0
156.0
156.0
156.0
156.0
igUU-May.
June.
21.263.7
a. 173.1
19.150.9
19.063.5
156.0
156.0
1,800.0
1,800.0
156.8
153.5
20,995.9
20,926.3
20.825.1
IS. 876.
18. 812.
18. 700.
156.0
156.0
156.0
1,800.0
1,800.0
1,800.0
163.0
157.9
168.3
October.
BoTember.
December.
20.726.7
20. 688.
18,605.1
18,581.1
18, U97.lt
156.0
156.0
156.0
1.800.0
1,800.0
1,800.0
165.5
151.2
20.618.8
19U^antiaT7..
20.51*9.8
18,1)26.0
February.
March. ..
20.506.0
2O.UI8.7
18,398.3
18,313.6
156.0
156.0
156.0
1,800.0
1,800.0
1,800.0
167.7
151.6
1U9.0
i^irll.
20.373.6
20,270.2
18,859.7
18,163.8
156.0
156.0
July
AneiJet
.
.
.
Septeober.
Najpce:
p
1/
Dall7 Treaeuiy Statements,
Preliminary.
Coo^rlsee (1) gold certificates held by the public and in federal
Seserre Sanks; and (2) gold certificate credits in (a) the Gold Cer-
Monetary Stocks of
2/
^
(iold
I187.U
1)08.
213.2
165.I1
165.1»
157.8
150.3
tificate ?and - Board of OoTemors, Federal Eeserre System, and
(b) the Redemption Tund - Federal Reeerre notes.
BeeerTe against United States notee and Treasury notes of I89O.
Excludes gold in aotire portion of Xzchan^e Stabilisation Fond,
and Sliver
(In millions of dollars)
Sold
($35 per
fine ounce)
Ind of fiscal
year or'month
1935
1936
1937
1938
9.U5.6
•
10,608.1(
1939
••
12,318.3
12,963.0
16,110.1
19.961.1
22,621*. 2
22.736.7
22.387.5
21.173.1
i9ito
igiti
I9it2
i9iti
191111
SilTtr
(»1.29* per
fine ounce)
l.it63.1
2.2lt9.5
2.51*2.1
3.066.U
3.605.2
3.939.6
It,
11*8.
U,306.3
i*,298.5
3.9U7.9
Ratio of
silver to gold
and silTsr in
monetary stocks
13.8
17.5
17.2
19.1
18.3
16.5
15.5
15.9
16.1
15.7
21.263.7
21.173.1
ii,083.6
June
3.91*7.9
16.1
15.7
July
August
September
20.995.9
20,926.3
20.825.1
3.938.3
3.910.1
3.905.9
15.8
15.7
15.8
October
HoTember
December
20.726.7
3.889.0
3.876.5
3.870.6
15.8
15.8
15.8
19ltlt-Mv
20.688.ll
20,618.8
20,5lt9.8
Februazy
March
20,506.0
20.U18.7
3.8U1.1
3.833.6
3.800.7
15.7
15.8
15.7
April
May p
20,373.6
20,270.2
3.777.7
3.705.7
15.6
15-5
I9't5-Januaiy
Source:
p
Dally Treasuiy Statement and Circulation Statements of United States
Money.
Preliminary.
.
...
.
4
.
6
7
Treasury Bulletin
82
Components of Silver Monetary Stock
(In
mllUona of doUazs)
Silver held In Treasoiy
SllTer oateide
Treasnry
Sesnrlne ellTar
eertlflcatei 1/
Ind of calendar
Tear or month
In Oenaral
I^ind
Total ailrer
at $1.29
pftT OtIBfitt
SllTer bolllan
SllTer dollara
cola 2/
262.7
347.7
428.6
535.3
616.0
38.4
2.3
3-5
657-4
662.3
628.2
551-8
405.6
9-7
7.8
499.8
2.8
1.1
443.9
431.6
428.9
11.9
10.2
12.5
l4.8
l4.o
9-9
576-9
775.9
938.8
1,137.6
1.298.2
508.7
505.7
503-7
502.7
19><0.
1.398.1
1,476.1
1,516.2
1,520.0
1,520.1
1*94.6
Juna.
1,520.1
1,520.1
390.8
389-2
July
tegoat ....
Saptamtcr
1,520.1
1.520.1
1.520.1
387-6
385-8
383-7
20.4
21.2
15.1
Octo'ber
1.520.1
1,520.1
1,520.1
381.8
379-5
376.5
1.520.1
1.520.1
1.520.1
375-4
374.0
372-1
1.520.1
1.520.1
370.6
369-1
19I14.
igMMIay..
.
Boreobar.
Qaoeober
19U5-JamuT7.
jvhruary
Maroh
ipni.
HV
Source:
p
*
1/
p.
U8U.1
1(68.3
14;4
12.5
too.
376.5
Silver
dollara 1/
4.2
5-7
5-4
3.5
5-3
19351936.
1937.
1938.
1939.
19IH.
19UZ.
Bullion for
reoolnage 3/
9ah>ldla7
.9
323.5
350.4
366.9
372-8
394.1
1.970.1
2,402.3
2,806.5
3,346.8
3.790.2
52.5
63.0
78.8
96.8
117.5
422.4
493.5
684.7
771-5
4.060.0
4.244.8
4.317.6
4.207.3
3,870.6
103.5
105.2
706.0
714.1
4,083.6
3.947.9
108.6
110.6
729.4
739-1
3.938.3
3.910.1
3.905-9
420.1
411.9
405.6
112.5
114.8
117.5
750.3
762 -1
T71-6
3.889.0
3.876.5
3.870.6
393-8
391.0
378.2
US.
120.0
121.9
772-4
773-3
779-9
3.841.1
3.833-6
3.8OO.7
786.2
795-3
3.777-7
3.705-7
43!4
44.4
48.1
106.8
364.3
332.8
Dail^ Treaanry Statonents and Circulation Statenenta of United
States Money.
Preliminary.
Leaa than t50,000.
Taloed at $1.29*^ per ounce.
2/
^
Sabeldiary
coin 2/
Valued at 1.38-*' per onnce.
Valued at $1.38-*- per ounce or at $1.29 P*r ounce according to
whether the bullion la held for recoina^ of auhaidiary eilTer
oolna or for recoinaee of standard ellver dollars.
Silver Production In the United States and Silver Acquisition by Mints and Assay Offices
^
(In mllllona of onnoee or dollara)
Silver
production
Sllvnr aeqolrel
Havly mined domeatlo
allver 2/
Nationalised
allver J/
\ff
minta and aaaay officea
Torei^ silver 4/
Canoes
19351936.
193719381939-
45.6
63.4
71-3
61.7
63-9
38.0
61.1
70.6
61.6
60.7
27-3
47-3
54.6
42.4
4o.l
494.4
271.9
241.5
355 •'>
282.8
318.2
150.3
1940.
1941.
1942.
68.3
71.1
68.3
70.5
47-9
5-5
4«.5
50.1
34.0
3-9
139-8
72-6
50.9
1944.
37.4
14-3
108.
156.9
120.5
333-4
112.2
417.1
343.3
346.5
197-8
163.3
199.1
160.6
143.1
62.1
5-5
99.4
77-2
4o.o
3.9
3-15/
3-55/
iglllt^^arll.
May...
June.
2.9 5/
July
iugaat ....
September.
3-55/
3.15/
2.35/
October
November
December
315/
.
1945-Jaffliary..
Ibbroazy.
Kerch
2-9 5/
3-2 5/
2.6
2.2
2.9
Silver production: innual Baporta of the Director of the Mint for
anrmnl figures throng 1942, releasee of American Bureau of Metal
Statistics for all later figures.
^
liavised.
I«as than 50.000 ounces or $50,000.
Tor information on silver production in other countries from 1933
throu^ 19UO or 1941, see "Treasury Bulletin" for August 1943.
page 74.
ic<inired at Sk.Si* cents per fine ounce until April 9. 1935: at
71.11'<- cants per fins ounce from that date until April S3, 1935: at
TI-51* oeata trm J^rll 23, 1935 to December 31, 1937: at 64.64-1-
4/
^
cents per fine ounce from December 31, 1937 to J^ily 1, 1939; Bai at
71.U-f cente aince July 1, 1939.
Acquired at 5O.OI centa per fine ounce. Xxecutive Proclamation of
August 9, 1934, repealed April 28, 1938.
Acquired at various prices averaging approximately 51 cente per
Monthly figures for silver production in the United States during
the calendar year 1344 are overstated by O.9 million ounces.
Althou^ it is not poeaible to ^portion thla esoount by months, the
total V. S. production figure of 37.4 million ounces for 19I44 ia
correctly stated.
Juiy
«3
1945
Seigniorage on Sliver
(Ciunllatlra from Janusrr li 193'' - I"
mllllom of dollars)
SouTCai of •algnloraga on allvar \iulllon raraluad 1/
Salgnlorage
on coins
(allvar and
lai of calendar
7ear or nonth
Inor)
193U.
19351936.
19371938.
1939.
Klac. allTOr
(Incl. BllTer
bullion bald
June lU, 1931*)
I8.5
U6.1
Ug.7
.k
118.7
16.8
36.0
58.0
1(8.7
1(8.7
a-''
69.5
91.7
Havly-mlnad
sllTap (Proc.
Doc. 21. 1933)
Hewly-mlned
•llTer (iLct
Jnly 6. 1939)
Silver Purcbaea Act
of June 19.
193^
7l*.9
U8.7
87.3
ir2.2
1(8.7
25-7
19'tl.
182.
1(8.7
19U2.
2"t5.7
1(8.7
19'»3-
299.6
3f?.3
1(8.7
1(8.7
87.6
87.6
87.6
87.6
87.6
315.6
322.6
1(«.7
1*8.7
87.6
87.6
65.1*
584.3
65.U
326.2
332-7
336.7
1(8.7
87.6
87.6
87.6
65.U
1(8.7
87.6
87.6
87.6
19UU.
Jal7
August ....
Saptesiber.
October.
Bovaaber.
Qacaaber.
3<«2.g
.
1/
1(8.7
1(8.7
351.3
362.3
19U5-Januar7.
7ebruar7
March
Source:
1(8.7
1*8.7
365.8
1(8.7
367. T
1(8.7
87.6
87.6
369.1
K8.7
87.6
380.1
39U.O
1(8.7
1(8.7
87.6
87.6
Bally Treasury Statements.
These items repreeant the difference batveen the cost value and
the nonetaiy value of silver bullion revalued and held to secure
liver
Total
aalgnloraga
on Oliver
revalued
28.5
3K.5
128.7
326.2
3'*.7
1(22.1
3'*.7
5O8.I
616.0
705.6
'»57.7
3U.7
530.7
3'*.7
Potential
seigniorage on
silver bullion
at cost in
General Tund 2/
132-6
27U.9
397.5
5UI.6
758.8
950.6
562.7
580.
3U.7
759.1*
7
581*. 3
581*. 3
3U.7
3U.7
58l(.3
3'».7
799-7
818.9
820.6
820.7
581*. 3
3U.7
820.7
820.7
878.3
791.1
58^.3
58U.3
31*.
3'».7
820-7
820.7
820.7
781.8
58l(.3
65.U
65.U
65.U
581*.
581*. 3
3^.7
3U.7
58U.3
3'*.7
65.l(
58U.3
58U.3
58U.3
3U.7
65.U
65.U
65.1(
58l(.3
^.7
65.1*
581*. 3
3'«-7
1*8.3
63.6
lU
65.1.
65.1*
2/
(Proc. of
9. 193^)
^V
51.1
226.2
302.7
366.7
1(8.7
191(0.
nationalised
31*.
31*.
7
7
3;*.7
3U.7
1.055.8
1.089.0
1,01*8.2
967.3
717.3
760.lt
756.7
820.7
820.7
820.7
72«.3
717.3
820.7
820.7
820.7
697.3
692.5
670.9
820.7
820.7
5«9.2
71*1.1
61(6.2
allvar eartlficatas.
The figures in this eeluan are not enaulatlTa; as the aaount of
bullion held changes, the potential eaigBioraga tharaon changes.
Net Capital Movement to the United States, 1935 through March 1945
[in thousands at dollars.
Hat capital outflow {-)\
Analysis of net capital movement
Movement in
short-term
banking funds
Calendar year:
1935 (Jan. 2.
1936 (Jan. 2.
1937 (Dec. 31.
1938 (Dec. 30.
1939 (Dec. 29.
191(0 (Jan.
igSS-J""- 1.1936)
1936-Dec. 30, 1936)
1936-Eoc. 29, 1937)
1937-Dec. 28. 1938)
1938-Jan. 3. 19l(0)
19l(0-Dec. 3I.
191*l-Dec. 31,
19l(2-Doc. 31,
1, 19U3-Dec. Jl,
1, 19W*-Dec. 31,
1. 19l*5-Mar. 3I,
(Jan.
1,
191(0)
191(1)
191(2 (Jan.
1,
191*2)
191*1
1»,
Movement in
brokerage
balances
Movement in
transactions
in domestic
sacuritias
1.1*12, 1(86
96i*,629
1,195.922
801,915
397.31*2
255.591*
6,039
6.8X1
3t.687
1(15,256
331,268
1.132.383
3"*
57,196
32.990
-85.1*27
20.358
-21*5,062
1,195,635
.-1(96.923
6ol*,321
852.928
-286.622
561,573
l.l6lt,758
706,380
316,660
600,693
2l(l(,626
-1*9
-261.955
1*6,599
ao,735
Movement la
transactions
in foreign
saeurltles
125.158
191.076
267,008
26.758
115.689
78.156
51,703
-7,36U
77.696
191(3)
1,283,593
191(1*)
357,1^
39U
3,513
13.372
8,529
191(5)
263.332
31(0,178
i>.l66
-91.251
10.239
1935-Mar. 3I. 191(5)
7.T39.071
5.758,1*25
130,1*50
820,581
1,029,615
19l(l(-March
l*l(,3Ul
76,736
J*rll
1.1(05
-5.1*38
1.038
1,151
-1,289
1,616
UU
1,21*5
76l(
-1*7.329
-71*7
-6,082
22,268
-2,123
26,572
-36.215
-116,872
119
650
2.313
2'.U1(5
28,U5l*
76,013
3.851
16,569
191*3 (Jan.
191(4 (Jan.
191*5
(Jen-
Total (Jan.
2,
'
1(1*,
27.767
93.'*96
Month:
May
June
July
Au^st
Sept ember
October
November
December
-•
1
19'(5-January
Tebruaiy
March
Back riguras:
For monthly data for the period January 191(1
through June 191*2. see "Treasury Bulletin" for
September 191*3. page 73.
17.1*80
10,53"*
-9.953
-57,289
-20,091*
29.275
70.296
26,852
1*,9U
-2, 061
-1*27
76,21(8
-2,11*1
-3.339
-5'(.773
-229,521
1.295
179. 1*18
-U72
-5.965
157. "05
122.225
-16,298
153.895
-195
-2.808
17l»,973
3,81(0
11,310
521
-61*,055
-2l(.388
-3.71*1
. ..•
.
Treasury Bulletin
gh
Money In Circulation
(la ollllont of dollari)
ftid
of fitOftl
year or nonth
Total
aonay In
circulation
Total
1/
pfl^ar aonay
Sold
cartlfIcatei
SllTar
cortlflleatea
2/
1935
1936
1937
193«
1939
6.UU7
6.U61
1^
1941
19kz
19U3
7.«'«
9.612
12.383
17.'«1
19W
19>)>»-lta7
Jnao
Jnly
Aocillt
.
. .
955
1.078
1.230
5.93'*
6,l<88
1.1*5'*
7.2I48
1.582
8,932
11.600
1.75U
323
18.951
19.527
20,017
590
587
582
125
125
125
1.592
1.60U
1,611
32U
325
20,631
a, 200
571.
121*
12l*
321
a, 1*82
316
320
320
a, 533
551*
21,961*
550
22,100
51*1*
321
322
22,381*
537
533
22.699
83.292
a. 622
22,200
22.688
1.578
322
1.5«
32I*
1.586
23.300
23.875
21*. 151
194^Jui<iar3r
Jabruary.
2l*,ll*0
March
25.290
25.751
25.«99
729
1,561
1.583
1.589
iprll
Hajrp
26. 189
2e.;>i8
25,009
25.353
1.593
1.652
321*
322
i.'68^
9,310
13.71*7
22.673
523
527
558
599
680
783
929
1.066
103
Jnne
l!o66
102
103
July
Ancuat ....
Septeaher.
1.077
1.092
1,106
105
107
109
October.
Hoveaber
Deoeaber.
1,125
l.llA
1.156
m?
191*1*
19l<l*-llar
-
.
19l*5-Jamiary...
Jebruary.
March
i«>rll
Sovrcai
p
1/
19
581*
569
560
123
123
122
122
Monay In
clrcQlation
per capita
(In lollare)
Aid of flaeal
7aar or month
191*0
191*1
191*2
186
126
126
21.1*38
1.588
2U,1»25
1935
1936
1937
1938
1939
a7
U,I*8U
597
22.90H
1,601
1.588
2"*,
U.164
U.llU
603
597
21.105
2l*,593
•t.002
18.395
18.750
23, 160
Octobor.
BoTaBbor.
DocMibor.
.
70U
366
269
3.223
18.790
1.61*9
22.50U
25.019
25.307
Hatlonal
bank
notaa
165
150
139
132
126
1,711*
23.791*
.
2l«
300
317
322
322
16,1*92
21,1*38
S«pt«ab«r.
.
285
278
281
262
266
701
5.92"*
7.01*7
7aderal
Raaarra
Bank
notaa
Dnltad
Statas
aotaa
2/
5.IIU
5.755
5.567
6,Z>*1
Traaaury
notaa
of I890
8>*
296
316
3U1
125
31*2
11*6
361
155
$
U3.66
Its.
iS
60
1*9-88
'
U9.62
53-72
J*
169
59-1*7
19>>
¥
as
610
700
236
263
72-16
91.88
127- 6U
163.07
693
700
260
263
160.72
163.07
707
716
725
266
269
272
l6l*.3l»
738
751
758
276
280
282
176.39
180-52
182.19
751
168.1*9
1.150
1,158
1.170
117
120
Ig
282
283
285
181.95
185.15
186.11
1,180
1.195
122
l?5
772
783
287
289
188.08
190.55
US
Circulation Stateaents of United Statea Honey and iannal Report of
the Secretary of the Treaenry for 191*1*, pacei 77>l-777.
Prellainary.
Kxelndaa (1) aonqr held by ttaa Treanry, (2) aoney held by or for
the aeconat of the Tederal Beeerre Banks and their a^ente, and (3)
coin eatlaated to be held ontside the continental llaita of the
2/
2/
United Statea. Inolndee paper oorrency held euteide the continental llalte of the United Statee.
Sold certifleatee and Traaeury notaa of 1890 in circulation are
beia^ canceled and retired i^>oa receipt by the Treaaory.
federal Beeerre Bank notaa and Hatlonal bank aotee are covered by
depoeite of lawful noney and are in proeese of retlreaent.
UNITED STATES
TREASURY DEPARTMENT
PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAOE, $30O
OFnCE OF THE SECRETARY
WASHINGTON 2S.D. C.
OFFICIAL BUSINESS
PERMIT NO 1002
FORM A-7/45-2000
FQB^ICTORY
BUY
UNITED
STATES
WAR
^aWBONDS
SlMlJ
AND
Treas.
HJ
U.S. Treasury Dept,
10
.kl
Treasury Bulletin
1945
C.2
^=r
@FedFRASER