Full text of Treasury Bulletin : June 1944
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LIBRARY
POOM 5030
JUN 9.11972
TREASURY
OtPARTWtNT
/
BULLETIN
OF THE
TREASURY DEPARTMENT
JUNE
1944
Analysis of Receipts and Expenditures
Composition of the Public Debt
Prices and Yields of Government Securities
Other Treasury Statistics
UNITED STATES
TREASURY DEPARTMENT
OFRCE OF THE SECRETARY
June 1944
Cumulative Table of Contents
laaoa and pa£« mialier
19Wt
June
I,
Bpeoial artlolea
Hay
Apr.
19»*3
Mar.
Peb.
Jan.
Sac.
KoT.
Oct.
Sapt.
Ang.
Julj
^
War Loans:
Plfth War Loan. June-July l^Uk:
Outline of plana
Conparlaon of features of aecurltlea offered.
A-3
A-ltA-5
Fourth War Loan, January-rebruary I9W*:
Sales of securltleB, classified by Issiiss. by types of investor,
and by States
A-1A-11
Preliminary report on sales
Outline of plans
Comparison of features of securities offered
7
8-9
Third War Loan. September I9H3:
Sales of securltieB, classified by issues, by types of investor,
and by States
Comparison of features of securities offered
Redemption values and investment yields of United States saving
bonds and Treasury savings notes
Geographic distribution of
IW
bank deposits, December 31*
19^^!,
1-7
2-3
k
19^2, and
A-1A-11
Corporate net income. Income taxes, and dividends,
A-2-
193^19^-
A-3
Security purchases outside ?ourth War Loan by commercial banks and by
tr.
S. Govermnent agencies and trust funds
A-12
Treasury market financing
A-1*
A-8
A-2
A-12-
Treasury market refunding operations in March 19^U.
A-13
Financing the war and the post-war readjustment
1-6
nnanclal operationu of the UOited states Government during the fiscal
year 19U3
II.
Summary of flBoal statlstios
Budgetary receipts and expenditures
Public debt and guaranteed obligations outstanding.
Means of financing cash requirements
III.
Reoelpts and expenditures and appropriations
Appropriations and net contract authorizations for the war activities
program as of month-end preceding month of publication
Budgetary reoelpts and expenditures:
Suimnary by major classifications
Analysis of receipts from internal revenue
Analysis of general expendi turee
Analysis of expenditures for war activities
Analysis of expendltiires for (1) revolving funds and (2) transfers
to trust accounts, etc
Total budgetary receipts and expenditures, by months, for recent
years
5-6
5-6
5-6
5-6
5-6
5-6 13-lU
5-6 13-lu
15
U
\l
17
11
12
12
17
13
7
7
8
7
7
9
9
15
15
16
17
9
17
8
5-6
9-10
10-11 10-11 10-11 10-11 10-11 10-11 18-19 10-11 18-19 10-11 13-1'*
Trust account, etc. receipts and expenditures
12
12
12
12
12
12
20
12
20
12
15
Means of financing cash requirements
13
13
13
13
13
13
21
13
21
13
16
ii*
15
15
22
23
83
Ik
15
15
18
IE
16
2l»
16
16
16
19
19
19
25
17
20
Social Security program:
Budgetary receipts and expenditures:
Social Security Act
Ballroad Retirement Act
Railroad Unemployment Insiirance Act
lU
15
15
17
StsteiQent of trust accounts:
Federal Old-Age and Survivors Ineurance Trust Fund
Bal Iroad Bet 1 rement Account
Unemployment Trust Fund
Cash Income and outgo of the Treasury:
Analysis by major classifications
Total cash Income and outgo by months beginning with;
January 193S
January 1939
17
17
16
l6
16
16
17
17
17
17
17
lY. General Fund of the Treaeury
Assets, liabilities, and balance in General Fund.
Analysis of changes in balance of General Fund...
(Continued on following page)
17
17
16
22
17-18 25-26 17-18 20-21 22-23
Treasury Bulletin
Cumulative Table of Contents
-
(Continued)
Jane 1944
Cumulative Table of (Contents
-
(Continued)
I
June 1944
Geographic Distribution of Bank Deposits
In order to assist State War Finance
Committees In subdividing their State quotas
for war bond drives Into county and other local goals, the Treasury Department this year
has again made a compilation of the distribuThis comtion of bank deposits by counties.
pilation has been made from data supplied
(1) by the Comptroller of the Currency for
all national banks and banks In the District
of Columbia, (2) by the Board of Governors
of the Federal Reserve System and the Federal
Reserve Banks for all State member banks, and
3) hy the Federal Deposit Insurance CoirporaThe
tlon for all nonmember Insured banks.
Federal Deposit Insurance Corporation also
obtained data on the deposits of nonlnaured
banks from the appropriate State supervisory
authorities.
(
Data were compiled only on the deposits
of "Individuals, partnerships, and corporations* (listed as a single Item In the banks'
reports).
These deposits, amounting to |89.6
billion on December Jl, 19^3, exclude deposits of Federal, State, and local governments. Interbank deposits, and certain minor
classes of deposits, and compare with total
deposits of all classes of $118.3 billion on
the same date.
The compilation covers all
banks In the continental United States, Including commercial, stock savings, and mutual
savings banks.
The accompanying maps show the distribution of total deposits of Individuals, partnerships, and corporations as of December 3I1
19'*-3. and the percentage
net change for the
calendar year 19'*-3 for the twenty-five largest metropolitan areas and for the residual
portion of the States, excluding these areas.
The twenty-five metropolitan areas selected
were those having the largest volume of total
bank deposits of Individuals, partnerships,
and corporations on December 31, 19'*^3.
The
boundaries of these areas follow county lines
and are those used by the Bureau of the Census.
The table below lists these metropolitan areas In the order of deposit size and
Indicates the component counties for each
area.
Is
Interesting to note that while
twenty-five areas had appz>ozlmately
percent of the nation's civilian popula-
It
these
3'*-.5
Twenty-five Metropolitan Areas and the Ck)unties
Comprising the Areas^/
Metropolitan area
A-
Treasury Bulletin
TOTAL BANK DEPOSITS OF INDIVIDUALS. PARTNERSHIPS,
AND CORPORATIONS ON DECEMBER 31, 1943
HOI*"
LEGEND
I
I
Under S250 Millions
IZmS^SO to 499
Millions
^^ 1 500 to 999 Millions
\
t I.OOO to
1.
999
Millions
\$ 2,000 to 3.999 Millions
1
1 4,000 Millions or over
June
1944
A-
PERCENTAGE CHANGE IN TOTAL BANK DEPOSITS OF INDIVIDUALS,
PARTNERSHIPS, AND CORPORATIONS FOR CALENDAR YEAR 1943
25
^'<"tit(
l-os
Metropolitan Areas
Anfieies
States Excluding the
LEGEND
I
I
mM
I
Unt/ar
15%
\l5%to 19.9%
\
\
20% to 24.9%
25% to 29.9%
30% to 34.9%
35% or over
25
Metropolitan Areas
Treasury Bulletin
A-k
tion at the and of 19*t-3, they had 62.1
percent of the total deposits of Individuals,
The latter
partnerships, and oorporatlons.
percentage has deollned In the past two
It was
however.
63.6 percent on
years,
19'*-2,
and
Deoember 3I,
66.7 percent on
December 3I, IS"*-!.
can areas which fall across State lines
has
been made primarily because the War Loan
Drives are organlied on a State basis and
these portions of metropolitan areas constitute Important segments of each State's bond
quota.
Table I, which appears on page A-U-,
shows the demand, time, and total deposits of
individuals, partnerships, and oorporatlons
for each of the twenty-five metropolitan
areas at the end of the calendar years 19't'l>
194-2, and 194-3, with the net increases or decreases for the years 194-2 and 1943 and the
percentage changes.
In order to make the geographic distribution as accurate as possible, deposits of
branch banks located outside of the county of
the head office have been attributed to the
county in which the branch is located, rather
than to the county of the head office. Cities
not a part of any county, and cities and
counties forming a single political entity,
have been treated as separate counties for
the present purpose.
Table II shows the same type of information as Table I but covers the whole country
and
further subdivides those
by States,
States in which metropolitan counties occur
between the metropolitan area or areas falling within that State and the non-metropolitan
This presentation of
counties of the State.
the data showing the division of metropoll-
The reports of a few institutions are
based on reporting dates other than December
In the class of nonlnsured banks, a num31.
ber of institutions have been excluded' because of failure to submit data in time for
Inclusion in this compilation.
Table
1.
-
Bank Deposits of Individuals, Partnerships, and Corporations
In Twenty-five Metropolitan Areas^/
On December 31, 1941, 1942, and 1943
Part A - Total Deposits
(Amounts In millions of dollars)
Inorease during calendar year
Uetropolltan area
Deo. 31,
Oao. 31,
Dee. 31,
I9IH
igii-a
191^3
1942
I9M-3
Total
19k2 and
Peroentage Inorease
1942
1943
19'*-3
New York
Chicago
Boston
Philadelphia
Lob Angeles
19,616
3.370
2,9^3
2.320
1.59*
20,408
3.949
3.179
2.539
2,069
3.619
2,906
2,750
San Franolsoo
Detroit
Pittsburgh
Cleveland
3t. Louis
1.079
1,417
950
2.113
1.548
1.511
1,121
946
770
791*
Baltimore
Buffalo
Uinneapolla-St. Paul.
Hartford
Washington
667
646
481
Cinolnnati
Providence
Seattle
Milwaukee
Rochester
453
597
Houston
New Haven
Bridgeport
Kansas City
Worcester
Total
625
629
605
3,127
814
440
367
681
3,919
1.393
676
586
1,156
4.0
17.2
8.0
9.4
29.8
15.3
20.6
11.8
14.4
32.9
20.0
41.3
23.0
25.2
72.5
2,603
1,959
1.770
1,400
1,058
m
862
881
21.4
23.2
26.6
17.2
24.9
11.8
49.6
93
171
151
490
411
260
279
112
9I8
880
103
148
15.
11.1
30.1
10.1
22.0
19.3
22.7
24.0
18.6
12.7
s
263
9
'U
18.0
19.1
SI. 6
24.9
'^7.3
33-2
71
1,63
150
117
77
251
234
295
175
186
93
55
118
122
75
198
124
275
220
104
23.1
13.6
43.2
28.7
7.7
n-.l
22.5
27.6
18.
28.1
198
80
27.1
11.6
10.7
37.2
7.6
35.4
17.3
16.3
21.9
12.7
72.0
30.9
28.8
67.3
21.3
13,281
11.3
18.0
31-3
683
558
576
???
442
400
651
105
640
564
475
158
99
29
275
358
361
277
376
349
399
400
405
472
468
465
464
456
39
103
29
'>2.373
47,161
55.654
4,789
371
1914-3
792
579
236
219
475
145
58
109
I
Total
19^2 and
69
n
(Continued on following page)
111
it
52_
8,492
104
187
"^
4^.6
24.5
June 1944
Table
A-
1.
-
Bank Deposits of Individuals, Partnerships, and Corporations
in Twenty-five Metropolitan Areas*/ - (Continued)
On December 31, 1941, 1942, and 1943
Part B - Demand Deposits
(Amounts In ollllone of dollare)
Inorease during oalendar year
Metropolitan area
Deo.
31,
1941
Deo.
31,
1948
Deo.
31,
1943
1942
1943
Total
19Ue and
1943
Peroentage Inorease
1942
13,035
2,575
1,240
1,380
898
13,851
3.147
1,447
1.650
1,308
16,165
3,797
1,73^
1,904
1,786
8I6
573
206
270
410
2,515
650
287
254
San Franolsoo
Detroit
Pittsburgh
Cleveland
St. Louis
736
687
931
536
558
1,047
1,100
1,072
685
703
1,362
1.361
1,31s
882
776
110
4i3
141
149
315
261
246
198
626
42.2
671^
60.
lU
l'*5
72
218
15.1
27.7
26.0
Baltimore
Buffalo
Mlnneapolle-St. Paul.
Hartford
Washington
342
243
302
431
525
391
89
94
'H
101
89
110
82
62
Cincinnati
Providence
Seattle
Milwaukee
Rochester
300
186
212
228
112
404
243
340
482
268
407
411
200
104
78
182
Houston
New Haven
Bridgeport
Kansas City
Worcester
233
120
109
224
308
152
7'^
25
86
134
320
110
423
189
167
388
133
25,871
30.39'^
36.^9
New York
Ohioago
Boston
Philadelphia
Los Angeles
Total
5%
377
509
479
3.131
1,223
494
525
888
183
14S
244
126
162
82
57
129
6.3
22.2
16.6
19.6
45.6
26.0
24.2
44.5
17.4
29.1
3^.6
30.4
60.7
39.3
30.2
i
195
183
88
115
37
189
68
i
^?
23
ill
>^7
22.9
43.0
27.9
"^.523
6,105
10,628
17.5
f2
32
194J
16.7
Total
1943 and
19t3
A-
Table 2.
-
Treasury Bulletin
Bank Deposits of Individuals, Partnerships, and Corporations
by States and Metropolitan Areas
On December 31, 1941, 1942, and 1943
Part A - Total Deposits
June 1944
A-7
Table 2.
-
Bank Deposits of Individuals, Partnerships, and Corporations
by States and Metropolitan Areas - (Continued)
On December 31, 1941, 1942, and 1943
Part A - Total Deposits
-
(Continued)
(Amounts in millions of dollars)
Increase during calendar year
State and metropolitan area
Deo. Jl,
Deo. 31,
Deo. 31,
iglll
1914^2
19it-3
19l«
19^3
Total
lOkS and
Peroentage increase
I9te
I9U3
lOli-J
Montana
Nebraska
Nevada
New Hampshire
New Jersey:
New York City 1/
Philadelphia 1/
Other
7
Total
New Mexloo
North Carolina
North Dakota
38.5
54.7
52.1
4.8
21.4
34.0
18.8
10.9
402
6o4
28
74
503
52
109
20.4
17.7
24.7
765
11.5
17.5
13.5
12.1
20.
35
29
64-
58.7
50.4
71
589
163
2,725
2l4,S'4-9
75
319
5,282
11.1
3.3
7.7
10.7
4.3
22.7
194
884
234
3.314
104
513
4,165
612
163
755
226
167
58
143
62
310
120
m
512
1,121
597
2,210
207
100
171
336
607
85
1,1400
m
185
449
801
24.
18.
23.
829
1,436
21,
130
177
244
27.4
362
31.5
339
534
260
290
889
482
2146
56
155
286
300
587
80
332
1,764.
1,967
15s
298
2,U23
2.36?
186
262
2,l6l
60
9"^
123
717
18,1441
880
21,166
1400
1^75
2.327
ball-
2,009
21,567
106
,
New York:
Buffalo
New York City 1/
Rochester
Other
Total
100
304
203
61^
17,S52
371
1,815
20,
371
35
2,926
262
1"'
149
13
33
14.
18.9
15.9
15.3
23.5
38.2
Ohio:
Cincinnati 1/
Cleveland
Other
Total
Oklahoma
Oregon
Pennsylvania;
Philadelphia 1/
Pittsburgh
Other
Total
Rhode Island;
Providence
Other
Total
South Carolina
South Dakota
Tennessee
Texas
Houston
Other
Total
1+12
950
1,W9
1.7i<5
2,771
3.378
14-,
359
379
Ul
603
7'U
114
185
2,185
1,1H7
1,67s
5,280
2,381
1,511
1,870
5.761
2.719
1.770
2,160
6,650
196
93
192
481
507
576
631
69
22
529
595
661
21(5
95
iW
306
189
511
66g
Sl+3
9.0
6.6
11.4
9.1
14.2
17.2
15.5
9.6
50.8
11.0
15.'*
55
10
124
7
13..6
-12..8
66
65
131
12.5
134
94
42.6
52.2
30.6
25.0
156
61
44
175
Jl.
172
1.370
16.7
24.9
26.7
24.5
332
30.6
26.3
275
3149
1472
1.399
1,9140
2.095
2.567
4I?
541
198
971
1,168
35.4
1.591
121
504
627
27.1
,12l|
38.7
31.7
32.3
151
173
2214-
2S6
208
73
62
135
181+
12
24
35
4«.6
6.8
27.6
13.0
Virginia:
Washington 1/
Other.
Total
20
616
637
28
766
794
891
925
Washington:
Seattle
Other
Total
365
320
685
496
1,018
West Virginia
29s
Utah
Vermont
.
Visoonain:
Milwaukee
Other
Total
Wyoming
Totals:
?5 metropolitan areas.
Other
u
Grand total
Jlrt
530
1W
8
_150_
157
131
13
_225_
288
37.1
24.3
24.7
20.8
16.3
16.5
692
1,332
158
176
334
118
196
314
275
372
647
43.2
55.0
48.7
22.5
39.6
30.8
3142
4214
44
82
126
14.6
24.1
1442
564
776
971
1.535
122
195
317
220
341
245
28.7
23.2
25.1
27.6
25.1
26.0
39
29.9
23.2
3"*
6140
1,218
-
6
66
85
'«,373
2l,liw
147.161
55,651*
27.029
33,926
4,789
5,890
8,492
6,896
13,281
12,786
11.3
27.9
18.0
25.5
63,513
714.191
89.579
10,678
15.389
26,067
16.8
20.7
105
(Continued on following page)
Treasury Bulletin
A-S
Table 2.
Deposits of Individuals, Partnerships, and Corporations
by States and Metropolitan Areas - (Continued)
On December 31, 1941, 1942, and 1943
- Bajik
Part B
-
Demand Deposits
(Amounts In millions of dollars)
Percentage increase
Increase during oalendar year
State and metropolitan area
Alabama
Arizona
Arkansas
California:
Los Angelea
San PranolBoo
Other
Total
Colorado
Connectieut:
Bridgeport
Hartford
New Haven
Other
Total
Delaware
District of Columbia:
Washington 1/
Florida
Georgia
Idaho
Illinois:
Chicago 1/
St. Louis 1/
Other
Total.
Dee. 31,
Deo.
31,
191+1
2411
62
162
898
19113
479
315
351
191^3
241
77
151
52.5
77.0
57.6
30.5
27.7
22.6
45.6
42.2
79-1
51.2
36.6
30.1
46.7
36.9
46.2
31.1
22.9
17.4
26.4
24.1
28.0
24.1
22.0
25.8
1,30s
1,047
410
310
331
1,051
1,144
888
626
682
2,196
109
107
216
82
2.053
3.105
1,786
1,362
1,101
4,249
236
31*5
452
log
251
120
134
295
33
514
'It
627
167
377
189
56_
789
IS5
205
750
47
93
113
37
10
161
ll^
68
23
275
246
21
40
61
316
296
325
68
404
427
501
118
456
612
652
166
88
132
176
52
l4o
316
2,543
3.106
3,746
549
7^^
3.l'^7
3,939
1,016
4,851
88
Iowa
414
Kansas:
Kansas City 1/
Other
42
32
50
563
16
214
793
185
'^
641
98
1,204
17
3'^
253
912
^67
1,704
39.
22.1
11.2
19.7
?!''
44.5
54.2
74.3
12.
22.1
29.3
38.9
25.2
20.6
24.6
33.2
23.1
'^3.
30,
'I
1
1
262
857
1,048
1,105
273
237
247
499
521
31.5
32.0
47.8
46.8
22.0
28.9
29.2
28.8
599
782
185
184
368
44.6
30.7
17
269
25
332
356
64.0
472
14
172
186
153
287
42
601
643
11
44l
17
4
4
612
149
637
133
137
III
142
41
Kentucky:
Cincinnati 1/
Other
Total
330
3'^7
21
463
483
Louisiana
Maine
319
88
461
129
342
'^3l
10
525
29
126
681
426
24
93
548
1,240
86
156
1,482
1,447
110
212
1,768
1,73't-
Michigan:
Detroit
Other
Total
687
295
982
1,100
439
1,539
Minnesota:
Minneapolls-3t. Paul.
Other
Total
302
182
483
Mississippi
Missouri:
Kansas City 1/
St. Louis 1/7
Other
7
Total
113
30
58
1942
128
81^
Massachusetts:
Boston
Worcester
Other
Total
19U3
485
139
312
'I
549
584
Maryland:
Baltimore
Washington 1/
Other
T
Total
19 te
Total
1942 and
1943
372
109
255
Indiana:
Chicago 1/
Cincinnati 1/
Other
Total
Total
Deo. 31,
^6^
9
170
19
78.
64.9
22.4
40.4
153
8
282
290
39.5
21.1
32.2
31.7
122
35
264
76
44.5
46.1
26.5
26.8
89
94
5
33
183
12
60
26.0
7
133
255
4o!2
28.7
21.9
21.9
35.6
24.2
16.6
27.9
35.5
19.3
19.9
21.1
25.7
20.6
23.7
32.2
26.1
27
122
206
24
55
286
287
365
650
1.361
580
1,941
41J
144
674
285
557
261
l4l
402
959
60.2
48.9
56.8
436
36
67
702
545
352
897
134
110
85
219
85
195
244
170
414
44.5
46.8
45.4
25.2
31.9
27-7
l4o
227
288
87
61
148
62.5
26.9
207
289
633
342
1,263
346
687
456
1,489
83
129
106
31s
56
13?
184
220
40.0
ill
225
51*3
33.6
19.5
8.7
33-3
17.8
503
236
946
III
2.133
(Continued on following page)
110
^;|
A-9
Jmel944
Table 2.
-
Bank Deposits of Individuals, Partnerships, and Corporations
by States and Metropolitan Areas - (Continued)
On December 31 , 1941 , 1942, and 1943
Part B - Demand Deposits
(Continued)
-
(Amounts In mllliona of dollara)
Percentage Increase
Increase during calendar year
State and metropolitan area
Montana
Nebraska
Nevada
New Hampehlre
New Jersey;
New York Olty !/
Philadelphia 17Other
Total
Deo. 31,
Deo. 31,
igw
l9'^^
.
North Carolina.
North Dakota.
.
Oklahoma.
Oregon.
.
Pennsylvania:
Philadelphia 1/
Pittsburgh
Other
Total
Rhode Island:
Providenoe.
Other
Total
South Carolina.
South Dakota.
Tennessee
72.
H-°
18.3
23.8
22.7
86.8
130.5
104.1
51-9
238
'*7
410
41
80
l,it70
173
22
33
228
304
532
23.1
29.3
28.8
24.3
25.8
20.4
31.5
26.1
54.9
55.7
69.4
56.7
78
103
33
26
59
74.6
33-1
132.4
302
12,931
1&6
89
12,287
112
15,00s
1^95
661^
200
S30
24.2
5.2
30.2
34.0
14,042
16, '28
29.4
16.1
37.1
25.0
17.0
60.8
22.1
78.5
67.6
13.138
148
2,720
88
335
3.291
316
"+77
72
127
600
180
25.7
42.1
89.6
150.2
788
685
1,090
1.60M.
19.0
28.8
29.1
27.2
61.1
64.6
78.4
70.8
287
239
1.305
1,55"^
68
84
71*7
920
q6
lt9
1,165
1.157
116
196
116
938
£^•3
Utah
Vermont.
Virginia:
Washington 1/
Other
.
19
13
391
20
'^1
166
xt
905.
2.386
284
108
2.153
2,7UO
549
198
317
586
1,135
27.7
38.2
34.2
iK)8
537
520
121
159
129
122
281
42.3
66.7
31-7
30.6
1,788
1,318
1,111
U,217
248
141
211
600
15.1
23.0
22.4
1,284
19.0
15.1
30.4
20.5
19.4
37.0
41.5
59.5
43.8
268
57
25
9
1
3
82
4
30.4
19.1
2^9
277
58
28
86
30.1
10.4
53.6
11.3
82.9
44.9
206
111
262
150
631
56
Vi
153
147
127
87
300
52.8
74.2
46.4
423
.914
J''
472
484
189
956
33.8
2.337
546
599
1.1''5
31.9
49.3
45.9
81.2
99.7
96.1
188
58
62
11
41
103
23
72.
31.
28.1
24.9
121.1
64.4
24
579
603
142
11
2«6
257
50.9
42.5
42.9
22.2
21.9
21.9
84.4
73-7
74.2
129
153
281
216
195
302
497
60.7
75.8
68.1
398
186
5
191
2it-3
308
1,430
1.738
l{^7
20
'^75
72
149
1^
203
"584"
12
4
104
108
171
346
618
483
it.95
Washington:
Seattle.
Other..
Total.
212
202
'13
3110
35'^
695
407
503
910
West Virginia.
176
222
287
46
65
111
228
274
502
317
411
491
89
109
94
108
700
902
198
63
81
25.871
30.3?'*
11. 72'*
I7.2U7
37.595
47,6Ul
Wyoming.
Totals:
25 metropolitan areas.
Other
Orand total.
25.0
149
301
"51
882
53
3'*7
Wisconsin:
Milwaukse.
Other
6.9
23.5
1.1*07
3.533
13
333
55
151
123
2.933
85
35
199
161
55
1,072
908
958
1.191
Total.
Total
1942 and
1945
51.3
§8.3
331
.
1943
92
288
28
29
.
Texas:
Houston.
Other.
1942
38
137
8
15
161
280
Cincinnati 1/
Cleveland
Other
Total
Total
1942 and
1943
1945
1942
107
221
26
55
New Usxloo.
New York:
Buffalo
New York City 1/.
Roohester
Other
Total.
Deo. 31,
35.'^
27.0
35.'^
30.3
87
117
94.0
135.9
90.8
31-
92.1
149.7
120.2
26.3
29.
63.3
39.3
39.7
29..6
28..2
SO.
202
183
217
400
39.5
28.8
79.8
19
18
37
44.7
27-9
85.1
36.499
22,579
'*.523
5,523
6,105
5.332
10,628
10,854
17.5
47.1
20.1
30.9
41.1
92.6
59.078
10,046
11.437
21,483
26.7
24.0
57.1
(Continued on following page)
149
i542.
79.1
Treasury Bulletin
A- 10
Table 2.
-
Bank Deposits of Individuals, Partnerships, and Corporations
by States and Metropolitan Areas - (Continued)
On December 31, 1941, 1942, and 1043
Part C - Time Deposits
(Amounts In mllllona of dollars)
Increase during calendar year
State and metropolitan area
Alabama
Arizona
Arkansas
Illinois:
Chicago 1/
St. Louis 1/
Other
Total
Dec. 31,
Deo. 31,
1942
1943
122
35
50
Colorado
Delaware
District of Columbia:
Washington 1/
Florida
Georgia
Idaho
31,
19'U
112
California;
Los Angele s
San Francisco
Other
Total
Connecticut:
Bridgeport
Hartford
New Haven
Other
Total
Deo.
,
,
,
,
52
696
761
964
1,004
504
2,204
1,066
2,399
,241
735
2, 940
91
100
120
252
320
175
985
26b
334
247
183
1,031
299
369
2S0
202
1,149
85
86
125
ss
131
33
131
95
135
36
274
1,088
2S2
1,103
23
25
2
351
572
,
Missouri:
Kansas City 1/
St. Louis 1/7
Other
Total
32
8
18
119
^7
49
42
26
^5
'k3
14
8.6
31.
932
54
333
1.319
155
10
51
159
0.5
5.7
3.1
1.3
20.0
22.1
18.0
19.6
12
59
231
15
2
9
11
8
69
9.0
1.0
2.2
2.7
36.3
15.2
19.7
20.7
2
419
10
78
77
88
7
26
33
2.9
9.9
4
7
3
3
17.5
1.2
4.2
'1:1
-7
-2.4
-8.1
-7.2
9.1
1.9
3.0
2.8
2.6
16.
41
4.2
8.1
2.C
3.9
15.9
20.5
13.0
15.5
1.8
1.6
3.8
2.2
S.8
9.6
9.8
9.1
10
106
124
21
108
128
24^
116
252
135
286
339
19
98
393
23
110
14
2
13
455
526
17
71
1,703
290
529
2,522
1,733
295
1,885
323
60?
2,812
30
153
28
20
_5iL
55
235
290
392
368
44«
402
56
34
S50
151
113
263
207
147
759
598
515
1,113
179
21?
230
283
513
11
IS
40
399
190
237
427
29
74
71
76
-3
194
go
42
198
78
318
54
228
313
549
2.577
7.8
37.7
11
19
115
96
43s
4.1
20.4
"13^
325
IS
,
10
14
14
20.3
28
84
Missleeippl;
29
163
47
81
Minnesota:
Minneapolie-3t. Paul.
Other
Total
20
10.7
22
69
91
Michigan:
Detroit
Other
Total
26.6
16.4
28.4
22.5
4.6
8.0
IS
66
,
9.4
6.2
13.6
8.9
16
15
6g
Massachusetts:
Boston
Worcester
Other
Total
268
237
231
736
95
284
Maryland:
Baltimore
Washington 1/
Other
Total
203
175
163
540
65
62
69
196
4.6
141
377
Louisiana
Maine
8.6
15.1
3.9
4.6
259
Kentucky:
Cincinnati 1/
Other
Total
II
4
l4.2
28.2
2
5
2
0.6
368
,
17
10
1943
10
251
Kansas:
Kansas City 1/
Other
Total
10
1942
164
Iowa
3'^3
1943
Percentage Increase
12.4
10.4
13.1
10.0
11.5
Indiana:
Chicago 1/
Cincinnati 1/
Other
Total
2
19 te
Total
19te and
1943
1
-9
20
3"^
68
1
5
5
15
88
183
8.3
13.5
35"^
14.3
9.3
11.9
86
114
5.9
8.2
7.2
21.3
19.1
20.1
4
2
-3.7
6.0
12
30
2
16
79
361
•^3
49
11.3
1.9
-3.0
1.8
27.9
15.1
2.1
13.6
90
(Continued on following page)
'^5
3"*
-1
33
28
31
Total
1942 and
1943
;tuie
1944
A-ll
Table 2.
-
Bank Deposits of Individuals, Partnerships, and Corporations
by States and Metropolitan Areas - (Continued)
On December 31, 1941, 1942, and 1943
Part C - Time DepoBite
-
(Continued)
\
June 1944
SUMMARY
OF
FISCAL
STATISTICS
Treasury Bulletin
Budgetary Receipts and Expenditures
(In
mlUlons ot dollars)
yirst 11 months,
fiscal years iglJS to I9UU
Complete fiscal years, 19U1 to I9U5
Actual
Estimated 1/
Change
igi^s
19U3
191*1*
Change
191*3
Actual
to
191*1*
19I.3
191*1
19''2
19UU
19U3
19U5
to
EstlmAted
iqW* to
estinated estimated
iqliU 1/
191*5 1/
Receipts:
Internal reranus:
Income and profits taxes 2/
Imploynient taxes
Miscellaneous
internal
l.lUg
rerenue
^
12.290
29,Ull*
17.12'*
3. '•70
7.960
16.09I*
32.673
32,605
16,579
-68
l,UU3
1,668
925
1,186
1,1*98
1.870
3.169
lt.869
2.967
3.8U7
''.553
5.161
5. 161*
372
6O8
+1.299
1*,200
22U
669
290
1*03
+112
392
389
32U
1*20
1*38
96
+18
+3
Cue toms
361
Other receipts U/
2lA
592
2,806
2. 211*
515
286
916
2.1*55
2.050
1.538
-1*05
11,171*
18,816
39.160
<-20, 3I1I*
8,269
13,66s
23.385
1*2.578
1*3.1*25
19.193
+SU7
1.103
2.656
Total receipts.
Less:
AzDounts transferred to federal 01d-Ae«
and Survivors Insurance Trust
yund^..
Net receipts
Ernenditures: 6/
War actlTltles:
, War Departnent
867
1.103
1.258
155
661
869
10.307
17.713
37.902
20,189
7.607
12, 799
289
+1.26U
1*1.186
1*0.
769
18,90l*
-1*17
1.392
12,063
38, 8U1
1*5.136
6,296
3.678
ll*,070
1*2,265
Us, 790
"•7.597
+6,525
-1.193
Savy Department
7.271
17.909
23,901
5. 993
2.313
8.580
20,888
27.000
28,500
6,112
1.500
Miscellaneous war actirltles
2,8US
7.890
10,1*31*
2.51*1*
310
3.362
8.955
11,910
11. ''53
2.955
-•'57
800
650
+800
-150
88,500
88,200
+16.391
-300
Anticipated supplemental appropriatloaa.
Total war actlTltles.
22,182
6U,61tO
79.1*72
lU. 832
6.301
26,011
72.109
Veterans' Administration 2/
5O8
553
630
76
563
556
602
873
1.267
+271
393
Public
622
502
U13
-88
738
680
5'»3
569
387
+26
-182
1,171*
1.095
8l*9
-2U6
1.225
1.163
891
61*7
-272
-2UU
6U7
719
770
51
659
735
796
777
+61
-19
Work Projects Administration
90912/
296
17
-280
97012/
299
11
-288
-11
Civilian Conserration Corps
156
18
•
-18
257
163
IS
•
-18
•
Other IJ/
798
830
1,106
81*1
873
901
1.1*90
2,881
+589
1.391
Interest on the public dabt
870
1.199
1,862
275
663
1,111
1.260
1.808
2.650
3.750
+8U2
+1.100
170
"5
+170
-125
95,951
97.95''
+17.772
2.003
5''.765
57.185
-1.132
f2.UgO
Vforlcs
8/
Aid to agriculture 2/
Social Security program 11/
93710/
588
1.37'tl2/
Anticipated supplemental appropriations.
Totil expenditures 6/
Het budgetary deficit 6/
27.867
69,852
85.119
15,266
12.711
32.397
78,179
17.560
52.139
1*7.216
-'.923
5.103
19. 598
55.897
L_
ce:
•
\J
£/
J/
U/
^
6/
2/
Dally Treasury Statemacts, except as noted.
Le93 than $500,000.
Based \ipon estlaatea as shown In the 13^5 Bud^t.
Includes unjust enrichment tax and victory ta^t*
Beginning July
I9H3, Includes collections of taxes withhold by entployora under
the Current Tax Payment let of 19^3'or details see following
cheater oa Receipts Eind Ixpendltures and Appropriations, Table 2.
Includes chiefly alcoholic beverage taxes, tobacco taxes, manufacturers' and retailers' excise taxes, and estate taxes.
Includes deposits by the War, Navy, and Treasury Departments and
the U. S. Maritime Commission resulting from the renegotiation of
war contracts.
Information on the amount of such deposits is not
available on the basis of Daily Treasury Statements.
On the
basis of covering warrants, such deposits totaled (35^ millions
during the fiscal year 19^3- Budget estimates of such deposits
for the fiscal years 19UU and I9U5 are $1,212 millions and
$1,733 millions, respectively.
Tot explanation, see tables in next chapter on Social Security
pro gran.
Sxcludes expenditures for public debt retirements which are chargeable to the sinking fund. etc. under special provisions of law.
Includes expenditures classified as transfers to trust accounts,
etc., for the Adjusted Service Certificate Fund and the National
S/
Service Life Insurance Tund.
Includes Public Works transactions classified as Revolving Funds
(net).
^
10/
11/
12/
1^
Includes Aid to Eigrlculture transactions classified as Revolving
Funds (net); expenditures of the Department of Agriculture classified as Departmental in the Daily Treasury Statement; and Agricultural Marketing Administration transactions classified as transfers
to trust accounts, etc.
Represents gross expenditures of $1,252 millions less repayments of
U. S. Investments in capital fimds aggregating $315 millions.
Includes expenditures classified as transfers to trust account,
etc. for the Railroad Retirement Account and the Railroad Unemployment Insurance Administration Fund. Excludes expenditures made by
Office for Emergency Management, War Manpower Coiaralssion (U. S.
Employment Service) xinder authority of the Social Security Act.
Includes National Youth Administration.
Includes departmental expenditures not otherwise classified and
expenditures classified aa transfers to trust accounts, etc., for
Government employee retirement and Insurance funds. Budget estimates for I9UU and igU5 include $5 millions and $1,000 millions,
respectively, representing transfers to public debt accounts for
excess-profits tax refund bonds.
June 1944
Public Debt and Guaranteed Obligations Outstanding
(In
tllloBi of dollari)
Treasury Bulletin
AND EXPENDITURES
AND
APPRO PRI AT IONS
RECEIPTS
June 1944
Appropriations and Net Contract Authorizations for the War Activities Program i/
As of May 31, 1944
Date
approved
Pu>>llc
Lav Ho.
Title of act
77th Coneree*. firet Saeilon
ret).
Appropriation!
Net costract
auttiorlsatlont 2/
Treasury BaJletin
Appropriations and Net Contract Authorizations for the War Activities Program
As of May 31, 1944 - (Continued)
^pproTsd
U
June 1944
Budgetary Receipts and Expenditures
Table 1.- Summary by Major Classifications
(In millione of dollars)
Receipts
7lBcal year
or month
Total
receipts
Internal
revenue
1935
1936
1937......
1938
1939
3.116
3.800
U.I16
2.6U1
3.278
3.513
5.29'*
't.597
6.2U2
5.66g
5.925
8.269
13.668
23.385
19140
19U1
19112
19't3
5.161
5.303
7.362
12.993
22.1U11
162
179
216
210
208
313
3"'3
387
Ue6
359
319
8,327
10
1
7.112
7,617
7,535
337
365
583
6,1*32
-1
31*1*
7.232
6.952
5
-2
15
2
4,896
2,087
2,030
2,099
5.736
7, "56
1*38
6.989
5,1*26
30>i
7,5'»l
7IK)
6.718
2
2
5,71*0
7,lt52
-7
-8
-8
36
7.839
7,570
7,862
8.525
itoo
37
5
795
7.138
7.518
7,726
-6
2
2,7t7
2,503
6,573
7.859
8.292
1*79
7,3't6
-6
306
3,087
2.950
387
7,879
257
•
2.069
a. 370
5.737
1,813
2,115
38
3't
218
221
220
39
271
5,W
2,188
Uo
February.
March
2.779
2.75^
6.576
32
250
6,353
II
551
255
181
April.
Hay...
3.119
3.256
2.935
39
38
1U5
195
.
.
19^-Jamior7
ee:
•
1/
2/
3/
1*/
5/
6/
j/
8/
.
.
3'»
2,U61t
3,02it
360
2,007
2,721
5.'A7
361.
.
2,896
3.209
ii.seg
39
31
.
76
1.820
6O8
225
187
232
lU
itl
Dftcember
77
31*5
7.092
7, "69
28ll
October
U96
328
eU6
201
NoTem^r
5/
7,lt35
32U
3.005
5. Wis
1/
l,ltgO
1
Dally Treasury statements.
less than $500,000.
Excludes amounts for public debt retirement vhlcb are chargeable
to the sinking fund, etc. under special provisions of law.
ror further details, see Table 2.
Tor explanation see tables which follow on the Social Security
program
For further details, see Table 3.
For further details, eee Table 1*.
Also see footnotes
and |*/.
ITor further details, see Table 5.
Total expenditures less net receipts.
Represents expenditures for public debt retirements which are chargeable to the sinking fund, etc. under special provisions of law.
^
5.900
5.935
6.137
5,8611
7.221
7.055
6,215 10/
5,9S6
5,595
531
689
900
929
1.029
1.206
1.657
6,301
26.011
72.109
31*2
11
201*
121
92
51*
-136 10/
18
571*
1*03
3.11*9
1.38I*
lOU
3.51*2
58
129
3.611
5.103
1^.598
331
JSl
55.897
ItO
-3
-3
Public
debt
retirements
§/
•
W
33
2.0l»g
etc
262
273 2/
515 2/
286 2/
916 2/
392
389
32U
§/
12l«
188
3it9
(net)
.103
265
387
503
538
661
869
3'»
t.569
July
August ....
Soptember,
5/
li.90«
1,815
2,602
5.160
Juna.
tlvUlei
6.011
7.010
8.666
8.177
7.239
8.707
8,998
12,711
32.397
78,179
37
1.7'*2
General
Transfers budgetary
to truBt
accounts deficit
3,116
3,800
U.116
5,029
5,855
5.165
5.387
7.607
12.799
22,282
1,581
It. 211
19lt3-Hay..
Het
Revolving
War acfunds
y
?/
ig}"*
Eipendltureo 1/
Lees net amoTUttB
transferred to
Federal Old-A^e
Het
Total
and Survivors
r«eelptB expenditures
Other
receipts Insurance Trust
Fund
GrosB receipts
65
6U
95
3
5.955
3.758
1
1,716
7
823
5,359
1.952
UO
l*,772
26
5,31*2
It,
Such
Includes recoveries of U. S. investments In ce^ltal funds.
recoverlee totaled $51* millions In the fiscal year 19l*0; $319 millions In the fiscal year 19l*l; $18 millions In the fiscal year 19^2;
and $10 millions In the fiscal year 191*3.
Receipts from reductions In capital stock and paid-in surplus available to be reissued under exletlng law are Included as negative
items under expenditures. Such reductions totaled $l60 millione
for general expenditures and $155 millions for revolving funds during the fiscal year 19ltl.
Includes deposits by the War and Savy Departments and the U. S. Maritime Commission as a result of renegotiation of war contracts. On
the basis of warrants isBUad. such amounts totaled $558 millions.
2/
10/
11/
Table 2.- Analysis of Receipts from Internal Revenue-^
(In millions of dollars)
fiuployment taxes
Income and profits taxes
Social security taxes
Withheld by
employers (Current
Tax Payment
Fiscal year
or month
Other
1/
Act of 191*3)
193'*'-
1935..
1936..
1937..
1938.
193919 W..
2.6U1
3,278
3,513
818
1,099
l*,597
2,163
5,671*
2,61tO
I9lt2..
5,161
5,303
7.362
12,993
19U3..
22.11*1*
19ltl..
2,189
2.125
3.170
7.960
16,091
818
1,099
I.I27
2,163
2,610
2,189
2,125
3.170
7.960
16,091
l,lt27
282
265
12
6
55
3
3
19
1,236
1.016
1.091
18
310
1*1
3
287
15
50
3
16
31*1
16
292
12
27I
10
1
8
58
It
1
53
161
363
386
19
31
252
11
1
112
117
1
1
1
59
375
35
309
iJ
13
1*.211
July
August ....
September.
I.8I5
2.602
5.160
1.255
1,561
1,765
October
November
December.
I.813
2.115
1.303
1.159
5.010
1.010
713
7I6
II9
1.327
1,727
1,717
5,911
571
1,137
750
1.153
610
5,161
373
67
2,175
2,167
560
1,101
1,915
1,063
39
337
.
I9'*l*-Janaary...
February.
5.1*81*
2.188
2.1*61*
March
6.353
April.
Ma;...
2.935
oe:
1/
2/
3.021*
557
58
1.657
2.010
2,181
2.279
2.252
2.315
2.967
3.817
1.553
9I0
3.8O3
June.
.
Internal
reveatw
833
925
1,186
1.198
7i|0
9IO
3,803
.
Hi scellaneouBJAgrl cultural
191
511
530
60I
691
896
1,130
253
1,581
19
Carriers' Taxing
Act of 1937
(Railroad
retirement)
1.1*70
l9'*3'May..
5Ug
671
^
Federal Insurance Federal Unaiiployment
Tax Act
Contributions Act
(Old-age
(Unemployment
insurance)
insurance)
Doll? Treasury Statements.
Lees than $500,000.
Tqt further details, eee chapter on Internal Revenue Statistics.
Includes unjust enrichment tax and victory tax collections pursuant
to Revenue Act of 19U2.
y
90
101
108
98
120
158
3
150
109
121
137
170
209
1
«
adjustment
taxea
353
521
77
359
353
512
729
3U1
121
520
Tor the period prior to Septeaber 1939. the data in the c--u;.jio entitled Federal Insurance Contributions Act and Federal UneEiploynent
Tax Act represent collactlons under Titles VIII and IX, ro..D,iotirely. of the Social Security Act.
B
Treasury Bulletin
Budgetary Receipts and Expenditures
-
(Continued)
Table 3.- Analysis of General Expenditures
(In millions of dollarB)
Direct and work relief
Veterans
Administration
Plscal year
or month
y
2/
Public
Works
2/
2/
Aid to
agriculture
U/
2/
Social
Security
program
2/
5/
Work Projects
Administration
and National Youth
Administration
i/
W
908
5.900
5.935
It.
1935
1936
1937
1936
6.>t37
5.86U
7.221
7.055
6.215
5.986
5.595
1939
igMo
igUi
iski
19U3
l9't3-MBy
June
July
Au^et
.
. .
September.
October.
.
IToTember .
Ssoeniber .
iglA-jenusry.
February.
March
.
April
May
ce:
•
1/
2/
^
U/
^
507
557
578
581
582
557
557
553
555
572
5't9
1*29
679
685
8O3
670
930
966
988
866
900
890
715
669
5'»5
328
l»g
22
8lt6
Ug
1*1
337
365
583
1*9
38
56
52
1*3
"9
50
51
26
1*38
30i*
Tito
too
'«3
335
1.237
3''7
2,2l|0
l.SW
392
1.572
1.006 lOj
1.091
1.052
1*57
1.371*
515
970
299
Interest
on the
public
debt
Other
departmental
5/
1.513
1.831
U95
-1
1*
332
1*36
757
821
1*86
71*9
386
326
866
926
290
283
257
163
18
91*1
1,01*1
1.111
1,260
1,808
313
36U
U2U
510
1*81
517
5U6
525
5UI*
590
37
15
66
65
71
59
53
33
311
87
67
55
II
25
1*97
59
3"
36
1*29
5^
117
70
52
'•3
37
795
2?
86
92
99
U79
38?
55
59
32
25
100
102
Dally Treasury Statements.
Less than $500,000.
Includes public works undertaken by the Teterans* Administration.
Does not include expenditures for (1) revolving funds or (2) transfere to trust accounts, etc.
These are shown In Table 5.
Includes public buildings, public highways (Including forest roads
end trails), river and harbor work and flood control, Tennessee Valley Authority, Federal Public Housing Authority (formerly U. S.
Housing Authority), reclamation projects and the Public Works Adalnistration. Excludes certain expenditures for public works in connection with war activities by the Federal Works Agency, beginning
July 191*1.
Comprises Agricultural Conservation and Adjustment Administration
(classified in the Dally Treasury Statement under "War Food Administration, Other" commencing October 191*3), Agricultural Marketing
Administration, Commodity Credit Corporation, Farm Credit Administration, Federal Farm Mortgage Corporation, Federal land banks, Fann
Security Administration, Farm Tenant Act, Rural Electrification Administration, and Department of Agriculture departmental expendItures
Includes railroad retirement and railroad unemployment activities
and excludes expenditures made by Office for Emergency Management,
War Manpower Commission (U. S. Employment Service) under authority
8/
9/
10 /
191
227
216
220
197
lU
27
1*2
70
1*1*
68
U2
15
1*6
77
55
l6
87
7/
509
283
258
223
200
609
131
U7
6/
Other
general
expendituree
2/
85
58
52
52
55
31*2
511.
Civilian
Conservation
Corps
1/
1.26U
1,896
1.U72
29
18U
Federal Sbergency Belief
Administration
and Civil Works
Administration
56
55
61
58
59
62
12
15
10
Ik
19
5't
50
60
of Social Security Act.
Tor further details, see tables which follow on the Social Security program.
Work Projects Administration was formerly Works Progress Administration.
Beginning with July 191*2, expenditures for the National
Youth Administration are clasaified as "war activities expenditures"
Includes expenditures of the Reconstruction Finance Corporation for
relief through loans and grants to States, municipalities, etc.
Excludes expenditures for the U. S. Maritime Commission, departmental expenditures under the Social Sec^jrlty program and the Department of Agriculture departmental exoendlturee.
Includes expenditures for the following;
Office of Education, and
Public Health Service of the Federal Security Agency: refunde of
taxes and duties by the Treasury Department: Post Office Department
postal deficiencies: Federal Housing Administration; Treasury Departmsnt Investments In Federal savings and loan associations; certain expenditures of the Panama Canal; and capital stock of the
Federal Deposit Insurance Corporation, Home Owners' Loan Corporation, Federal home loan banks, and Disaster Loan Corporation.
Gross expenditures have been reduced $l6o millions representing the
repayment of capital funds by certain United States Government
agencies.
For further details see "Treasury Bulletin" for June
19'*3. P<>«» 9,
footnote 12/.
June 1944
Budgetary Receipts and Expenditures
-
(Continued)
Table 4,- Analysis of Expenditure for Wai Activities
lln mtlllons of dollara)
MlBcellaneous war actlrltles
Fiscal year
or month
1931*.
19351936.
1937.
1938-
193919UO.
191*1.
19lt2.
19U3.
19't3-May..
June.
531
689
900
929
1.029
2lt3
297
273
383
378
'*36
1,206
1,657
6.301
26.011
72,109
U90
667
3.676
11*. 070
U2.265
7.092
7.U69
3.857
July
August ....
Septemter.
6.U32
7.232
6.952
Octoher.
November
December.
.
6.989
.
7.5'»1
igUU-January
Pebruary
March
.
.
.
.
April.
May...
Total
mlecellaneoue
war aotlTltlet
Navy
DBpartnent
War
Ds partneat
tiire
Depart-
ant
Federal
SecTirlty
A«enC7
D<eil
**r
States
Shipping
Marl tine AdmlDliComaileBlOB
tratloQ
1
1
1*1*
Ul*
2.313
8.580
20.888
310
3.362
8.955
2.251
2,980
1,065
3. 1*21*
BOB
219
U.036
99
2U
1*5
6
ll*0
Igl*
9
16
188
886
969
983
7.3'*6
It.
U.33'*
2.262
2.536
921*
7.879
1,010
3.792
U.lt6l
16
11
111
72
68
50
5
5
5
95
118
319
361
366
105
119
130
85
81
69
25
19
21
51*
5
100
29l»
W»
5
111
108
1*02
lUg
216
16U
66
91
82
30s
331
153
182
165
87
71
82
273
11*9
90
361*
.191
81
5
39
5
1*2
U
38
38
5
8
3
125
127
97
22l»
8
11
205
7
7
35
31
5
6
130
118
356
132
1.105
386
200
UO
Tinder Other departmsntal and Other general expenditures in Table 3.
Includes war expenditures of Commerce, Justice, Interior, and State
Departments; Civil Service Commission; Executive Office of the
President (Including Office for Emergency Management); Panama Canal;
capital stock of Smaller Var Plants Corporation; and Defense Aid
Special ?ujid.
Revolving Funds and
(1)
UU
18
17
16
Dally Treasury Statements.
Source;
7or monthly figures commencing July 19l*0. see "Treasury BulleBack rlguree:
tin" for May I9I13. page 7.
war public housing functions.
Includes
1/
Includes emergency ship construction, beginning March 191*1
2/
Similar Items for periods prior to fiscal year I9I+I are classified
3/
Table 5.- Analysis of Expenditures for
51
86
8
176
332
2,082
2.757
2.281
116
33
1.955
2,050
85
315
2U
27
2U
26
2,131*
l*.170
2l»3
11
U
lt.ll*2
3.8UI
106
117
382
318
'•.173
718
5
297
6O6
12
180
239
108
382
795
77
70
62
215
726
976
1,007
99
51
929
2,776
2U
519
1.201
62
111
153
98lt
7.138
7.5I8
7.726
to
18
33
52
3
696
2.011
1.898
2,037
1,909
3.
It.
Other
war
actlTltlea
China
expenditures J/
111
-10
-21
-12
-6
673
892
1*32
160
Rational Sel«ctlTa
Federal Hoailn^ Service Treaenrj
DepartWork*
A«eno7 (adalDlement
l«ency
tratWe)
i/
-10
-21
-12
-6
529
557
596
892
1.235
827
6.
Aerleid-
(2)
Transfers to Trust Accounts, Etc.
(In alllions of dollars)
Tranafera to trust aocoonte, etc.
Revolving funds (net) 1/
71 seal year
Aid to
or month
agric\ilt\ire
2/
Public
works
Teterana
AdalnlttratlOB
Soclail
Seciu-1 17
2/
y
progran 5/
I93I*.
U96
31*6
ll*9
77
1935.
1936.
1937.
1938.
31*5
11*1
20lt
11
-33
-18
-13
Ul*
76
1.820
60s
225
1939.
92
20l*
121
-8
-6
-159 1/
221
131*
101
73
10
107
121
132
1
11*5
221
75
87
93
103
107
51*
191*1.
-136
191*2.
18
7
11
191*3.
1*0
1*1
-1
'*35
30
19l*3-May..
ll*
10
lU
10
1
June.
2
1
July
August ....
September.
-1
It
October.
November
December.
.
,
5
-7
-8
-7
36
2
2
5
37
-8
-6
-3
-3
April.
May...
-6
ce;
•
1/
2/
3/
Cy
15
2
-2
.
.
3I1I*
-2
February.
March
19l*l*-January
.
1
.
-3
5
7
-6
1*0
26
Daily Treasury Statements.
Lees than $500,000.
Additional transactions on Aid to agriculture end Public works are
shown In Table 3.
Parm credit Administration.
Public Works Administration.
Comprises Ad.lusted Service Certificate Pund and the National Service
Life Insurance Pund, administered by the Veterans' Administration.
Tederal
contribution to
District of
Columbia
(U. S. share)
1*7
1U6
I9I1O.
Aid to
axrl culture
6/
21
21
Ul
50
50
1.773
557
187
232
331
381
59
23
Oorernnent
employees'
retirement
funds
(D. S. share)
161
12
1
U
IS
126
71
177
2
31*
3
5
7
31*
6
26
35
5/
Includes rELllroad retirement and railroad unemployisent actlTltles.
For further explanatlona see tables which follow on Social Security
program.
Agricultural Marketing Administration (surplus commodity stamps).
Gross expenditures have been reduced $155 millions representing
the repayment of capital funds hy certain United States Government
agencies.
For details see footnotes to Tahle 1.
Treasury Bulletin
10
Budgetary Receipts and Expenditures
-
(Continued)
Table 6.- Totals by Months, Beginning with 1935
(In alllloni of dollara)
Calandar 7*ar
June 1944
XI
BUDGETARY RECEIPTS AND EXPENDITURES
1939
1940
1941
1942
1943
1944
DOLLARS
DOLLARS
Billions
Net Budgetary Receipts
I
JMMJSNJMMJSNJMMJSNJMMJSNJMMJ.SNJMMJS
9
8
7
6
5
4
3
2
I
7
6
5
4
3
2
I
-I
Billions
Treasury Bulletin
12
Trust Accounts, Etc. Receipts and Expenditures
Table 1.- Trust Funds
(In nllllone of dollars)
n»cal year
or month
Total
truB t funds
receipts
net
()
or net expenditures (-)
Tederal 01d-i£« and
SurrlTors Insurance
Tniflt Fund
Receipts
let
Unetsploynent
Railroad
Betlreaent Account
Trust fund
Ixpendltures
Receipts Ixpendl-
Receipts
tures
Other
trust accounts
Ixpendltures
2U
193't-
1935193619371938-
&1*
1939-
29
37
37
66
92
10
.,266
ZUg
262
lU
-279
-287
81*
371
Ul
281*
-3''
19
11
191*0.
191*1.
191*2.
191*3.
l9U3-Hay.
June.
1
3
August. ..
Septemhar.
.
October.
HoTember
December.
.
.
I9'*l*-Janu«ry.
.
1*0
575
270
-265
-289
52
2U
210
256
•
19
29I1
291*
1*01
763
751
530
580
529
577
707
931
838
95?
1,114
837
957
1,118
1,21*1*
1.21*3
1.185
1.399
l.Uot
2
277
275
-8
SI
88
u
1
«1
1*
UU
313
U2
308
161
lU
289
31
36
31
-1
1*1
;7
291
83
-1*0
36
1
15
15
295
39
271
-5
5
-292
3
50
2S
32
I3I*
-158
250
U
116
3
-3
-3
26U
161
9
306
16
17
-g
UU
278
hbruary..
150
-201
April.
May...
120
282
15
289
20
267
-262
March
2U
6U
3U
267
U02
9U0
1,190
92
July
19
2
-2
11
lUg
1U6
-U
109
123
127
lUU
221
107
125
116
2U
35
20
57
31*
11*1*
165
33
«
'•3
76
267
U6
3lt
1
35
31*
31*
301
2.053
858
323
3l»9
:66
210
237
2,020
838
327
325
331
389
512
555
975
887
82
152
67
lUl
28-
.316
101
116
261
100
87
22
139
-1*6
77
117
123
125
15
11
55
1
-11
UU
63
19
16U
121
101
102
-1*1
91*
135
95
202
179
108
178
1
286
233
turee
1*0''9
217
291
U3
Receipts
1^/
Ixpendl-
Qally Treasury Statements.
Less than I5OO.OOO.
Includes OoTenusent insurance and retirement funds, etc.
Source:
•
1/
Table 2.- Other Funds
(in millions of dollare)
Transactions in checking accounts
of Oorernment agencies, etc.
Tiscal year
or month
Total all
transactions
Issuance
of obligations 2/
Increment on gold
Other
transactions
Receipts
1931*-
-73U
811
19351936.
19371938.
637
108
-111
-U03
-99
-51
1939.
768
1.106
191*0.
3"
191*1.
191*2.
-217
-3.625
288
852
19'»3-
-2,191*
31"*
201*
-356
19'*3-lter-
82
June.
July
August.
September.
.
.
October.
.
November.
December.
19l*l«-Jaau«ry.
.
ysbruary.
March
April.
May...
-726
-lU«
-1U6
-1*27
-165
-331
-2,002
-87
-lUg
I
-1,809
-658
I
-337
-25I*
-1.069
-1,815
-1,535
-290
-2
-66
-381
-3
22
-3U5
-1U5
-168
2
-201
-2
-3
-1*2U
83
66
-95
-1U6
-216
-1.907
-1.61*7
1,500
-18
-115
1*90
Xxpendl-
Receipts
turea
2,811
2
.
2,000
1
i*ou
2
101
52
1
Seigniorage on silver
lUo
176
11*0
1*0
ito
90
90
90
49
20
lU
Miscellaneous funds
and accounts 1/
Ixpendltures
Receipts
176
2
20
ll*
Ixpenditures
June 1944
13
Means of Financing Cash Requirements
(In mllliona of dollars)
Means of financing
Amoimt required to be financed
yiBoal year
or Bonth
Total
amount
retjalred
to be
financed
Net
bud^t&ry
deficit
i/
Rat
Inoreaa*
In 0«neral
Tand
balance
Set
expendlturet
In tmst
accoTmti,
Incraaent
on gold,
Total
aaoont
flnanoed
Inoreaaa
la
pablifl
lett
let
decreaaa
In Oeneral
Pond
balanoe
etc. 2/
«to. 2/
U.616
3,209
5.390
193't
1935
1936
1937
1938
1939
191K)
3.l'*9
2,896
209
I 550
3.16?
1.38U
1.38't
U.lSU
3.611
3.5t2
3,611
5.103
19.598
55.897
I9U1
19>»
19^3
19U3-MV
June
Jui7
August
September
.
.
October,
HoTsfflber
December.
igUlt-jamary,.
Tebraar7.
Marcli
April
Majr
Soorea:
1/
622
7U2
358
6.515
7tl
101
821
312
37U
306
890
136
i*.5ii*
i,ei»8
3.1U9
5.078
2.6U6
1.38't
7ito
128
338
'».l6U
3,275
2.528
9U7
3.611
5.99"
1U«
3.506
1.861
6lt,27't
206
6,o6U
3,96U
5.99't
23.'*6l
g
,27'»
6,06U
3.991
5.955
3.758
S.T'W
4,896
lU.291
5.105
U.896
2,087
635
5.7'tO
11.79"*
uio
ft. 896
lU,291
l't,291
6,697
5.740
2.383
5.U26
1.139
132
6.697
5.7'W
2,383
6.697
1,112
-281
'*.837
I*.
11,781
la.itiw
55
12,l»It8
".157
1,608
2,51*9
"•.772
252
1.399
't.327
70
5.7'*0
667
1.716
12,lAg
t.157
823
5.359
1.952
'•772
5.3'«
''.772
5.3'»2
Bally Treasury Statements.
Sxcludes aaoiuts for public debt retirement lAidh are chargeable to the sinklnc fund. etc.. under special prorlslona of
lav.
U,6i6
3.209
5.390
1.720
Ik
173
2,205
6.916
5.3>*2
2/
let
reealpta
In tztiat
accounts,
Increment
on gold,
6.o6>t
13k
3.180
't.828
2.53l»
912
2,231
't.338
2,661»
3.757
131
290
193
185
Comprises trust acootmts, oheokluc accounts of OoTemment
agencies, etc.. Increment on gold, seigniorage on allTer, end
Inorement on gold excludes
mlicellaneous funds and accounts.
expenditures for national bank note retirements.
Treasury Bulletin
Ik
Social Security I^rogram
Section I.- Budtretary Receipts and Expenditures
Table !•- Social Security Act
(In
ilUona
of doll«rB}
Becelpts
Groea receipts
Socl&l Seeorltr taxes
or Bonth
Psderal XtaeapleTitent
Tax Act
(UbeaplOTsent Insurance)
Federal Insurance
Contributions Act
(Old-a^e Insurance)
Total
252.2
I9lt.3
60lt.lt
51U.U
530.
631.2
712.2
7U.2
690.6
895.6
1.130.5
I9'*3^(«y
276.2
5-9
26it.6
U6.g
29^.7
U.i
lt3.6
286.6
3.0
.
itu.e
"tl.S
l^oTeaber .
2glt.l
273.6
3.7
June
,
Jul7
Au^et
.
.
.
Septeo^er.
October.
Deceiii1)er.
2.8
"t.g
igWt-Janiuuy...
Itg.l
March
368.7
8.0
April
38.lt
35.1
323.6
309. "»
M«iir
U.lt
217.it
12g.2
l7lt.5
126.9
1I16.7
185-9
11
3
262.0
.2
5.7
3
8
UO.g
283.8
lit.
.2
6.0
10.9
3.9
3.0
10.5
1.1
38.9
271.0
1.1
5.7
13.1
3.8
1U.2
116.5
3.6
31.8
250.2
a.t
U8.5
31.7
306.0
6.7
17.7
1
33.8
252.2
-12. g
265.0
387.0
503.0
537.7
661.3
868.9
1.103.0
57.8
90.1
100.9
107.5
97.7
119.9
158.4
6olt.7
,015.6
.288.9
receipts
2/
H
1/
1936
1937
1938
1939
19UO
19U1
igUs
19^3
Less aaounts credited to
Federal Old-A^ and
SurrlTors Insurance
Trust ?und
16.2
5.6
Sxpendlturea
(b'aats to States
AdBlnletratlTS
expense
fatal
or month
Aid to Aid to
aselst- dependent
the
anee
children bUnd
011-a«e
1936
28.lt
.6
1937
1938
1939
182.7
332.5
3S3.3
igito
38lt.2
19U1
1942
Ult9.lt
19'»3
527.2
15.8
20.0
21.3
25-3
31.5
31.5
33.3
50lt.lt
19U3-May
Jane
39.0
27.8
166.9
271-5
320.3
356-5
1*15.2
lt69.6
U91.1
Source:
2/
10.7
5-5
5.9
6-5
3
1.1
7-1
6.5
2.g
1.2
2.2
2.8
53-7
38.3
21.0
36.1
29.2
18.2
6.1
5.2
2.1
1.0
1.2
2.2
2.7
2.8
56.1
30. U
32.3
.2
6.2
t.7
3.0
1.1
26.2
.2
26.U
2.7
2-9
7
.2
5-3
5-5
1.0
.9
.2
ItO.g
m
10.8
25.3
2.9
April
May
It.g
ll.lt
.3.1
S
35-6
3i.lt
•
9
.3
.2
•
2.2
1.1
3.6
7-0
1.8
1.5
u.o
20.7
2.6
3.5
2.8
3
2.1
1.5
-3
2U.g
10.7
it.o
3-8
.It
•3
31*1-3
1.0
-3
53-8
.2
.1
-3
1*1-7
.It
-3
29.0
5
-9
.1
.2
.5
.1
.2
-9
.U
-5
.2
-3
.2
.5
-3
.2
2.2
-3
.It
.2
-9
-7
2.2
5/
6/
Ul.O 6/
i.it
195-5
115.1
215.1
209.7
322-5
357-8
.u
.It
hf
2S.lt
.^
1.0
.1
.6
1.6
5/
.3
2.0
9-7
SxcesB
of
ezpeadltures
-7
7-5
.6
Var
Manpover
Child
velfare Co^isfllon
Co. S.
serrloes
iBployvent
Senriee)
Befoads
of
taxes
.6
.5
lallj Treasury Statements.
Less than $^0,000.
Tormerlj Title VIII of the Social Security Act.
Formerly Title IX of the Social Security Act.
Includes amounte equal
to appropriations to Railroad Unemployment Insurance Administration
Fund ec^valent to amounts of taxes collected with reepect to the
period from January I936 to J^m* 1939. Inclxialve. from employere subject to the Railroad Unemployment Insurance Act (See Table 3 of Section I).
Prior to January 1, I9U0, flguree represent amounts transferred to
the Old-A^ Eeserre Account.
From January 1 to July 1, I9U0 "transfers* ware made to the Federal Old-A^ and SurrlTors Insurance Trust
Fund.
Subsequently receipts hare been depoelted In the General Fund
of the Treaeury and "appropriated" directly to the Federal Old-Age
and SurrlTors Insurance Trust Fund. Amounts shown as transfers reflect dedtictiona made for reimbursement to the General Fund account
to cover administrative expenses, which are shown as expenditures In
Section II. Table 1.
.6
2.1
2.7
3.0
3.3
•
5
.7
Matem&l Serrlces
and child
for
health crippled
services children
9.lt
32.
56.9
33.
35.
67.3
58-9
58-3
63.0
70.3
55-1
itl.l
October. .
Kovember
December.
5g.g
69.lt
ltl.9
bergency
Mana^eaent
1.0
3.1
3.8
3.7
U9.g
29.7
2.8
2-5
2.9
March
63.2
5-2
5.3
6.2
7.1
8.0
8.5
Office for
Departaient of Labor
2.U
7.8
8-9
g.O
56.
59.9
52.6
32.9
19Wt-J«nuar7..,
Pebruary.
lt5.l»
•9
9.1
.1
July
August
Septeaber
2lt.l
31.0
1.0
It.
.6
16.
.
182.2
208.8
227.6
260.1
299.1
316.9
2.0
IU.3
25-5
Public
health
vork
5.t
35-8
—
19-7
12lt.g
Uneoploy«nt eoBpensatlon
adalnistratlon
25-3
9.6
2.9
3.0
,
Public
Health
Serrlee
Social Security Beard
neeel year
•
.3
51.3
27-7
3
20.1*
-3
•
-3
•
5
lt2.6
-85.2
29.8
U6.9
25-9
Includes only expenditures from appropriations made specifically for
administrative expenses relating to the Social Security Act; namely.
Social Security Board, Department of Commerce, and Department of
Labor; and administrative expenses reimbursed to the Ceneral Fund of
the Treasury under Section 201 (f) of the Social Security Act, as
amended. Beginning July 1, I9U0, includes also administrative eipensee under the Vagner-peyeer Act. Bxcludee administrative expenaes
payable Tram other ^proprlatlone, principally for the following
agencies:
Bureau of Internal Eovenne of the TreasTiry Department, and
Public Health Service and Office of Education of the Federal Security
Agency.
Covered by appropriations by Congress.
Second Deficiency Appropriation Act, fiscal yeeir 193^, approved June
25. 193s. carried an appropriation of $Uc,56l>886 for making refund
to certain States of portions of Federal employere' tax for 193^ collected under the Social Security Act.
time
1944
15
Social Security Program
(Continued)
-
Section I.- Budgetary Receipts and Expenditures
-
(Continued)
Table 2.- Railroad Retirement Act
(In millions of dollars)
Xxpenditures
Becelpts
Fiscal 7ear
or month
1936.
193719381939-
Carriers' Taxing
Act of 1937
19U2.
19't3.
1/
3
•3
136.9
170.0
208.8
1-5
2.6
2-9
2.6
3.8
7.6
la.o
19ltl.
AdmlnlstratlT
expenses
1-5
lUg.o
110.0
123.3
128.2
lUg.5
220.2
•3
150.1
109.3
19itO.
Total
5.'»
5.9
.2
.2
June.
Ug.6
3
•
July
August ....
15.0
Septeml>er.
1(6.2
.2
•3
1.1
33.8
g.2
52-9
.2
.u
1.2
U.l
58.6
3U.1
.2
.2
A
3U.7
13.U
.2
.2
.2
19lt3-ltay.
October.
Hovember.
December.
.
-
I9UU- January.
Tebruary.
March
.
April.
May...
ce:
•
1/
161
1.1
,0
3
1.2
107.1
120.7
2-3
-g.7
-21.6
211*. 8
11.
-5-7
-Ug.3
.2
.2
•3
160.7
.2
.2
33-5
Railroad unemployment
Insurance contributions 2/
1936.
19371938.
1939.
u.i
6.8
8.5
0.3
191(0.
19U1.
19U2.
191(3.
19l(3-ltay-.
June.
July
August.
September.
.
.
October.
HoTomber
December.
.
.
19l(lUJanuar7.
February
March
J^ll.
May...
..
.
159.8
-lU.g
-1*5.9
3U.0
32.7
-8.0
-52-5
32.9
-3-?
-58.
3"*.
5
3'«.3
-13.2
Hetlrenent Act.
Covered by appropriations from the Ceneral Fund of the
Treasury.
(In millions of dollars)
Fiscal year
or month
.7
lUo.9
12l(.l(
Table 3.- Railroad Unemployment Insurance Acti/
Becelpts
2/
-1.1
.U
2/
Xxceis of
0xp«DdltureB
of
tax*!
11(6.14
3
.1
.1
.1
Dally Treasury Statements.
Less than $50,000.
Includes only eipendltures from appropriations made specifically for admlnlstratlTO expenses relating to the Eailroad
Transfers to
Railroad Batireoent
Account (trust account)
Treasury Bulletin
16
Social Security Program
-
(Continued)
Section II.- Statements of Trust Accounts
Table 1.- Federal Old-Age and Survivors Insurance Trust
Fund^
(CuaolatlT* from orgasliatloB - In ailllon. of dollara)
Xxpanditoras
BacelptB
Ind of fiscal
year or month
1936
1937
1938
1939
191*0
191*1
191*2
191*3
19l*l*-Maroh....
April
May
Sotirce:
•
1/
total
reealpte
Appropriations
^
Congest
267.3
782.7
1.19".
1.792.1
2.536.2
3.502.8
U.720.7
265.0
765.0
1,155.0
1.705.0
2.393.1
3.288.8
5.666.6
5.701.7
6.011.1
5,361.8
5.396.9
5.706.3
l*,Ui9.3
Inrast'
•nta
2.3
17.7
Total
expenditure*
01d-a«a
benefit
piTaentB
5.>*
5.'*
ltU.6
19.3
87.1
IU3.I
21U.1
301.5
138.6
275-6
19-3
35-1
99.5
209.8
359-1
30l*.8
30U.8
30U.8
1*7.5
1*52.1*
608.6
628.5
1*92.9
61*9.0
526.5
Dally Treasiuy statements.
Leas than $50,000.
Includes traasactlona effected under the predaceasor Old-A^
509.1*
2/
TAiexpended balaaoe
ReiBtoreeBent
Inveet-
for
eats
adniniftratiTe
expenaet 2/
93-1*
2.397-6
3.227.2
U. 268.3
267.1
662.3
1.177.2
1.738.1
2.380.6
3.201.6
6,236.8
115.7
119.1
122-6
5,058.u
5.073.2
5.362.1
5.011.9
5.011.9
5,011.9
267.2
777.2
1,180.3
l,7'*l*.7
12.3
39.1
65.9
In dltborsln^
officer ••
acoooBt
.1
.1
113.0
1.9
.1
.5
6.2
5.2
7-0
17-7
37-1*
327-3
l-°
6.1
10.
20.1*
2U.5
28.5
2U.0
22.8
EeserTe Account
Under Section 201 (f) of the Social Security Act anendaenta
of 1939.
Table 2.- Railroad Retirement Act
(CumolatiTe froB organisation - In Billions of dollars)
Xnd of fiscal
year or Bonth
In Oeneral
ToaA
fane
1944
17
Cash Income and Outgo of the Treasury, by Major Clapsif Icatione^
(In millions of dollare)
Treasury Bulletin
18
1
GENERAL
FUND
OF
THE
TREASURY
June 1944
19
Assets of
t!ie
General Fund of the Treasury
(la
Bolllon, coin,
and currency
End of flflc&l
year or month
3.033
2,016
2,936
2,709
193"*
1935
1936
1937
1938
2,1*19
191*2
3.087
2,038
2,812
3.W*3
19^3
10,11*9
1939
19I10
191*1
13.152
19i*3-May
June
llllone of dollars]
10,11*9
1,045
1,044
865
1,863
827
Sepoilts In
I^daral
Raaarvc Banks
Special deposit!
account of sales
of OoTemiDent
securities
(War Loan accounts]
97
118
862
ll*l
929
Other
deposits
and
collections
1.854
799
1.150
649
611
37
55
58
55
95
105
1U3
265
533
52
1,194
874
1,022
981*
897
911
I.02U
603
1.038
776
805
661
1.679
7.667
897
911
651
1.038
11.117
7.667
1*87
^l
25I*
533
9.127
6,8Us
18,734
906
905
883
979
1.076
1.538
6.790
I*.
362
15.676
19,838
15,492
12,878
900
908
926
1.095
1.245
1.408
17.280
12.770
9.942
563
569
601
12.873
19.726
17.270
937
9U6
933
1.098
1.172
1.540
10.311*
523
Pebruary
March
April
May
12.896
9,144
890
912
95U
942
10,546
6,766
July
Au^st
September
Oct ober
Kovember
December
19l*l*-January
Source:
Daily Treasury Statements
Balance in the General Fund of the Treasury
(In millions of dollars)
Ind of fiscal
year or month
501
636
17.095
14, 306
506
524
20
Treasury Bulletin
Analysis of Change In Balance of General Fund of the Treasury
mllllont of dollura - Vat lacr6aa« or n«t d«araaa«
[ill
(-^J
Vorklng b&luLca
Votal
Change during fiscal
yaar or aonth
obaa^ In
Oa&eral
fond
balaaoa
193U
1935
1936
1937
1938
1.720
-7'H
1939
19U0
I9>n
622
-138
-338
Total
working
balaaoa
9O8
-769 6/
1.067 1/
-70
-377
Oaaaral
Faklle te>t
and apaotal
aoooiatt
aocoaata
2/
i/
-2.896
-3.209
-it. 550
-3.1H?
2lt
3*
-1.38ft
792 1/
19
11
3.280 1/
2,528
.358
19"»3
6.515
6,515
70
-3.180
70
-3.188
-5.955
-3.75«
-912
-2,231
11.79^
-912
-2,231
U.79'*
-5.105
4.«96
1.139
-5.1*26
-5.7>*0
19'*3-»V
ima
JMly
JagoMX ....
September.
-2.087
2.7W1/
I),g28
92
-265
-1
U
2
-726
2.53^*
li».29l
6,697
1,112
-281
52
210
-262
lU
16
22
'*.781
12.Ult8
50
150
-201
101
120
282
160
-2.66U
Maro^
-2,51*9
-2.5'v)
-t.823
-5.359
-1.952
April
M«7
-'».3a7
-^.327
-3.757
-'.772
252
-5. 3^*2
.399
1/
2/
^
k/
5/
b/
Sally Treasor/ Statamonta.
Laaa than $^00,000.
fhlB la tha net bndgatazy dafloit. Sxoludaa anmnta far pnblie dabt ratlranent vhloh. ara ohargaabla to tha alnklnc ftmd,
ato., udar apaolal prorlalona of lav.
fhla rapreaenta tho laoraaaa In tha groaa pnbllo dabt, axsapt
aa notod.
(See footnota j/')
Includofl 7edaral Old-Aca and StarrlTora Xnavanoa Tniat Ttmd,
Qnei^loTaant Tmat rand, Ballroad Batlraaant Acoannt. OoTamant Inanranca and ratlramant ftmda and othar truat fnnda.
Conpriaaa Pnbllo tforJca Adalnistratlon raTOl-rlnc fond and apaolal deposits (net). Alao Includaa A^loultaral Markatln^ Adrmlnlatratlon oeonodlty food ataiqt tranaactlont.
laoiudas axpendltnraa for ratlrvaant of national bank aotaa.
In tha fiscal jeare 1933 and 193^. $91 millions and $5^ allUona trera traaafarred tram Inoreaent on gold to tha vorUnf
I.6O8
Xneraaant
on cold
5/
8
-2
51
lUO
176
ko
90
-111 6/
-99
-51
-5
768
-356
82
.
*
2
16
11
51
-9
1.139
-^.338
-2,66U
roa:
20>*
266
-279
-i».338
-3.757
31"*
6.06I*
.
.
-73*
637
108
9t
92
7**
Salgnloraca
an allTar
,
6l*.27'*
..
19>t4-Jainur7.
OoTanaaat
a^nolaa
23!»6l
Ooto^r.
-1.716
Chaeklac
aooflvnta of
29
37
37
66
Voremter
Beeen^r
Mlaeallaaaout
ftinda and
account
ato.
1.739 1/
5.>t75 1/
I9l»2
537
-997
722
2/
"•.SI"*
-3.5H2
-3.611
-5.103
-19.598
-55.897
7>W
Trust
aoeaimta
3"*
-217
-3.685
-2,19»
20
lU
-ll*g
-iW
"12
-U27
-165
-331
-2.002
-87
-ll«
balaaoa for ratlraaaat of aatlenal bank aotaa. In this atataant, hovavar, charfas for ratlraaaat of aatloaal bank notaa
ara raflaotad dlraotlj acalnat Inoraaaat aa gold. In the yaara
Inactive gold
daring irtiloh tha ratlraaonta vara a^ualljr aada.
la tha Moaat of $1,087 allllona for tha fiscal jtar 1937 la
oanaldared aa a part of the vorklag balanoa general and epeolal
loconnts for the purpose of this table.
Ixpanditnrea for the retirement of national bank notee froa
Inoreaent on gold for the fiscal jrears 1935 ^^ ^939 (•• ahova
belev] are not reflected herein, bat are reflected nnder InVeaeat on gold ae follevei 1933 - $91 allUane. I936 - $397
allUena, 1937 - $99 llllona. 1938 - $31 nllllena, and I939 $3 allllona, total - $6^3 llUaaa. The Inoreaaas In the pob11c debt shovn la the table "Meaaa of Tlnanolng Cash Raqalraaents* for the aboTe fiscal Taara vlll not agree for the reason
atatad abora.
Jmel944
21
PUBLIC
OF
DEBT AND GUARANTEED OBLIGATIONS
THE UNITED STATES GOVERNMENT
Treasury Bulletin
22
Summary of the Public Debt and Guaranteed Obligations of the United States Government
(I>
lllls»
of dollu-i)
Pobllo dobt
Ouarmataed dabt 2/
Intor«it-%o«rtac debt
Aid of flioal
7a«r or Bont^
lUrkotakl*
27.053
28,701
33.779
36.U25
37.165
87.73'»
32,8Zll
19351936.
1937193«-
19>»S.
U<,U96
55.332
76.991
19^3-
l>io.796
Matnrod dabt
and dobt
lOBaikotftblo
loaooi
flpeclBl
Maxkatabla
iaanea
^
no lotaraat
36.0<>>
396
6*1
681
11,123
I1.718
573
1.056
790
625
5*9
37.713
50.573
95.310
2,151
3,166
».555
13.510
29.200
3.770
6,775
6,120
7.*85
10.871
1.316
,100
3. 908
1*3
8
95,3*2
95.310
29,095
29. ZOO
10.19*
10,871
1.23*
1.316
U,091
3.90*
3,908
17"»
183
9
8
1,2*6
1.338
1.296
3.791
3.582
3.582
3.583
200
352
382
9
7
7
3.583
3.5*3
3.583
530
6
6112
6
6
"1,853
"1.853
.151
i529
5. "150
55H
l'tO.796
136,1
Julj
An^uat.. ..
Saptaabar.
l"t5.31«
1>(8.000
lie. 321
158. 3U9
98.613
59,935
in.Hafi
30,169
30.879
33.910
ll.'t56
l't)*,059
October..
loTombar.
Daoanbar.
169.166
170,318
170,108
165.0U7
166,158
165.877
115,9>tU
35.776
•1.119
36.5«
1.377
1.370
It,
36.576
11,86*
12,278
12.703
1,1198
115.909
115.230
19UU-JaBiiai7..
17'».933
februaiT.
187.339
1*6,993
170,659
181.107
18S,715
115.259
126,171
128.0*0
3*. 911
l«,370
>H,7fe
12.«73
13.168
13.507
3.616 k/
1.39*
1.367
187. zUl
18lt,967
127. WtO
13.697
188,035
186,366
128,029
'12.275
'tt,72H
•
1/
2/
l'H.5Zl»
11.907
11,717
»,122
^
Dallj Traaaory Stataaenta.
Laaa than $500,000.
Tor datallad atataaant of the pobllo dabt and c^iarantaad obllcatlona. aee following pa^.
OtLATantead aeenrltlaa bald by tba Traaatuy, and aaciurltlao
gQar«ntaad aa to Intaraat only, are not Inolodad In thla table.
kf
1
5. "198
31
6.360
11
20
"i.5"i9
I'M. 003
cai
dabt
^
lO.Wio
>».968
I8.961
72.US2
136.696
1,665
"1.123
"1,718
"1.665
Jvna.
iprll.
May...
laauaa
1.558
2.676
lU
19"»3-Ita7..
IUtc)i
Maturad
loO'
arkatabla
6s
1,261
1.1*8
1,556
Us, 018
>t5.«90
Intareat-baariDC dabt
26.950
31,102
33.05*
38,3W»
W.U97
U,o«9
193919M0.
19U1.
i/
>l,100
3.9'il
3.971
160
"1,230
686
758
2.278
5MH
71"»
6
6
20
2.27"!
503
190
75*
339
iiio
"1.275
"1.233
l.»92
1,669
16
Tba Baoenatnetlon Tlnanee Corporation notea. Sarlea X-A, X-B. and X-C,
lAleh are held entirely by United Statea OoTemaent acanelaa, hare baaa
olaaalflad ae non-aarka table laenea.
laolndaa prapa^aenti in the asonnt of $2,193 allllena on aecorltiea
dated Fabruary 1, 19"*ll and offered aa part of the Fonrth War Loaa.
Analysis of Issuance and Retirement of Public Debt
(la
Pobllo
Vet ctaan^a
debt oot- In public
debt
atandlnc
end of
durinc
fiaeal
flaoal
year or
year or
?iaeal year
or Bonth
onth
Total
Boath
13.583
13.128
5.078
111.121
36. "125
2.6I16
37.165
7l<0
9.589
9.621
1939.
I|0,l>ll0
l9"io.
"12,968
"18,961
72, "122
3.275
2.528
23,»6l
136.696
135.913
136.696
July
Ingiut
Saptaabar.
llll.52"»
It,
October...
ToTanber.
Beoeaber.
l65,Ol»7
191*1.
19*2.
19U3.
19'13-ltay.
June.
Caah
y
"1.515
l,6ll8
19351936.
1937.
1938.
5.876
8,318
9. 809
10.638
11.853
13.703
58.358
5.301
5.6*0
5.SI6
693
8,69;
67*
303
17.911
3.035
2.812
3.1*2
596
l.**2
2.896
*.lll
5.332
"U5
5.395
*.5»0
11.697
3.195
6,170
8O5
eou
3.87*
5.570
7.*58
3,855
*.003
7,58*
*.570
10,660
*.5U
3.062
11
*.525
7.105
3.5^*
11
11
*.668
6,778
8.7*6
*.628
*.5*0
6.789
2.127
1.9*6
10.070
6,301
5.155
*.672
2
3.II12
596
6lt.27li
1
1
6,o6U
10,6U3
78li
12,ll80
8.855
6.2S1
805
8,09*
6,0*6
20,931
"t9i
9.ltlt9
March
l*!t,715
1,608
9,239
16,691
8,019
April.
May...
l*"i,967
252
1.399
10,322
7.700
5.192
5,613
1/
191
209
523
567
1,0*1
7.1911
10.1162
19.226
10.355
•
2.978
1.751
2.67*
13,166
17.8U7
37,l6U
122.632
"1.781
oe:
*,720
*.305
5.5*2
*.625
5.166
2.159
12. "ill*
1*6,366
9.0*3
6,9*3
8,881
2.567
170.659
1*3.107
.
11,1178
516
3.035
2.S12
166,158
165.877
Pebmary.
9.069
itii6
7
8
lll.2*l
5.682
10.37*
1.4lt2
I.37I1
1.556
Dally Traaaury Stataaanta.
Leia than $500,000.
Izolndaa certiflcatea of Indebtedaeaa, epeclal aerlee.
1,1199
IX
"162
326
11,056
5.22*
6.39*
3,062
162
I121
3.5^
2/
1137
•
209
I107
3*
2.127
1,9*6
2I1
I1.903
31
l,6l8
1
Special
laaaaa
26I1
7,li75
303
17.911
oban^aa
159
13, 08 It
30.3*8
9*.96l
Certlficatea
of Indebtedneaa, epeclal
oeriea 2/
6.9611
2.6711
6.697
1.112
-2*1
I9'»"i-Janiiaiy
1/
13
5.9911
Caah
obaa^a
lltl
8,702
.
Ii-
It.
1,669
Special
laaaaa
lt.776
8,10lt
21,7ll8
.
Pobllo laauae
IxBeaa
profita
tax refond
boada
2.97*
1.751
82*
I5*.3"i9
Certlficatea
Ad^ted
of Indebtedaerrloa
neaa, apeolal
boado
aerlee 2/
9,161
5.716
«,95«
6.199
2.5311
1"1.291
l>*li.059
Pabllc debt eipendltorea
(Batlraaent of public debt)
?*klla laanaa
27,053
28,701
33,779
193"».
alUleaa of doUara)
PvbllQ dabt raoelpta
(laaoaaea of public dabt)
350
6,1151
1.37*
2il^
12
*.722
1.556
19
11
516
I191
903
l,6l8
It.
Coaaiata of apacial aerlee of certifioatea of indabtedneaa iaaued
directly and aolely to Federal fiaaerre Banka.
*0
112
11
12
11
June 1944
23
Detailed Statement of the Public Debt and Guaranteed Obligations of the United States Government
(Id millions of dollars)
Xod of fiscal year
Ind of oonth
I9UU
19U3
19U^
19UI
19U3
June
Public
Interaat-bearlng debt:
Public debt
Guaranteed obligations
'.
Us, 387
6,360
Total
Matured debt and debt bearing no Interest.
Total outstanding
Sept
Apr.
and guaranteed obligations 1/
de1)t
71.968
U,5U9
135,380
U,092
llU,287 135.380 157.053 l6U,508
3.96I*
'».350
',225
167. 0U3 181,709
183,3't8
183, U13
'',227
2.258
2.258
76,517
1J9.I*72
118,637 139.1*72 161,018 168,732
171,313 185. 936
185,606
185. 670
585
U7U
55.332
76,991
1.230
1,32''
ll*o,
796
1.32't
1.303
1.376
119,867 lUo. 796 162,321 170,108
l*,269
3.6a^
17**,
i.uou
1,387
1,570
933 187,339
186,993
187,2ltl
Public debt
Interest-bearing debt;
Public Issues
Harketable Issues:
Treasury bills
Certificates of Indebtedness.
Treasury notes
Treasury bonds
Other bonds
Total marketable IseoBB.
Non~marketable Issues:
U. S. savings bonds
Treasury notes - tax and savings series.
Adjusted service bonds
Depositary bonds
Total non-marketable Issues.
Total public Issues.
Special Issues:
Adjusted Service Certificate Pund
Pederal Deposit Insurance Corporation
Federal Old-Age and Survivors Insurance Trust
Pund
Pederal Savings and Loan Insurance Corporation
Oovemment Life Insurance fund
Government Retirement Punds
National Service Life Insurance Tani
Postal Savings System
Canal Zone. Postal Savings System
Ballroad Betlrement Account
Unemployment Trust ^ind
Total special Issues.
Total Interest-bearing debt.
5.698
30.215
196
508
3.096
6.689
38.085
196
ll,86U
16,561
9.168
57.520
196
ll,l6l
9.797
''9, 273
196
37.713
50.573
95. 310
79.662
U,3lU
10,188
3.015
229
21,256
17.891
7, ''95
6.31*6
79
222
226
223
162
"•.555
13.510
29.200
U2. 267
6lt.083
19
90
1.603
aui
2.
9.23''
2'',
622
509
lOU, 28U
18
95
18
103
18
178
2.381
3,133
3.700
5
5
531
537
796
39
55
178
17i
3.902
121*,
1
,OlA
106
538
.076
352
197
2
2.273
92
3,llU
.257
6,120
7.685
10.871
••8.387
71.968
135.380
205
98
lUl
656
3
88
7U
7
539
991
233
257
10
Prepayments on Pourth War Loan securities.
Matured debt on nAllch Interest has ceased.
Debt bearing no Interest:
United States savings stamps
Izcess profits tax refund bonds
United States notes (less gold resem)
Deposits for retirement of national bank and
Pederal Beserve Bank notes
Other debt bearing no Interest
Total debt bearing no Interest.
Total public debt outstanding
213
191
191
191
173
159
766
6
6
6
369
356
1.175
''8.961
72.Ug2
136.696
II5.507 136,696 158,3U9 165,877
170,659 |lB3, 107
18'',715
18U,967
|
186,366
2l^.
Treasury Bulletin
Detailed Statement of the Public Debt and Guaranteed Obligations of the United States Government
(Continued)
(In Billions of dollar*)
June
i944
25
Treasury Bulletin
26
Guaranteed Obligations Held by the Treasury i/
(In allllona of dollars)
Credit
Corporation
month
W"*
Federal
Housing
Authority
federal
Farm Mortgage
Corporation
ConuDOdlty
End of fiBcal
jttar or
Pulillc
Home Owners'
Loan
Corporation
3.255
3.655
U.03O
3.630
1935
1936
1937
1938
lOl*
551
212
2.531*
52
57
57
5.033
57
283
283
21*3
5. 071*
212
5.033
57
57
700
700
700
283
283
283
173
110
79
5,850
6,021
6,192
57
57
57
700
800
800
283
283
283
36
6.1*01
6.1*11
6.713
57
57
57
900
900
900
676
283
398
39s
597
6,806
6.937
7.697
57
57
57
900
900
697
371
39s
398
603
607
7 71*9
8,291
295
57
57
7
1.950
283
700
1.950
July
August
September.
7,063
7.170
7.310
October. .
November
December.
7.1*77
igUU-january
February.
March
8.01*5
June
.
.
.
.
11*0
.
8.292
10.325
April
May
20
1*00
7.560
7.853
.
10,1*03
10.626
263
Dally Treasury Statements.
Less than $300,000.
Source:
"i
21*3
6.357
7.535
191*3
lyl*3-Hay
3.60;
10
25
302
U.079
7.535
191*2
Corporation
25
15
273
,
Tennessee
Valley
Authority
71 nance
3.255
3.655
U.030
883
1939
igUo
19U1
Beconstmctlon
271*
1/
9
These securities are not Included In preceding statements of guaranteed
obligations outstanding.
Computed Interest Charge and Computed Interest Rate on the Public Debt and Guaranteed Obligations
of the United States Government
(tn millions of dollars)
Public debt and guaranteed obligations
End of fiscal
year or month
Interest-bearing
debt outstanding
1931*
27.161
31.768
37.707
1935
1936
1937
1938
Computed
annual
Interest
charge
861
863
970
1*0,U65
1.01*7
1*1.1*28
1.068
"5.336
1,11*9
191*0
1*7.871*
191*1
51*. 71*7
1,203
1.335
1,729
2.759
1939
191*2
76,517
191*3
139.1*72
19l*3-M»y
138.757
June
139.1*72
July
August .
September
.
October.
November
December.
191*1*- January
.
February.
March
April
Hay
Source:
1/
020
2.763
2,759
Computed
annual rate
of Interest
(Percent)
3.169
2.716
2-573
2.588
2-579
Public debt 1/
Interest-bearing
debt outstanding
debt outstanding
(Percent
3. 181
681
751
32.989
35.800
36.576
81*5
92I*
2.715
2.562
2.582
2.589
U.123
U.7I8
91*7
2.1*38
1*2,376
1*8.387
2.260
1.978
71.968
135.380
1,61*1*
2.679
2.600
2.583
2.5I8
2.285
1-979
1.992
1.978
131*. 675
135.380
2,683
2,679
1.992
1.979
ll*0,238
2,763
2,802
3.070
1-971
2.53"*
2.511*
39.886
2,81*0
1.972
2,881
I.96I*
11*2,721
3.11*9
1.956
157.053
167.701
I6S.935
168,732
3.253
3.283
3.298
1.91*0
163.589
1.91*3
l6i*.781
1.95U
l61*,508
3. 351*
1.037
1.095
1,218
6,360
It,
51*9
3,273
3.51*1*
1-959
1-951
183,31*8
3.567
1.91*5
185. 670
186. 1*03
3,606
3.617
1.91*2
1.91*1
183,1*13
3.573
3.598
1.91*8
1.91*6
2.710
2.720
2.650
2.633
112
109
117
2.052
1.978
85
81
1.861
1.968
2.1*98
1.831*
81
1-970
1.968
3.782
77
78
79
2.035
1-S95
1-987
80
80
1-938
1.928
1.912
1*,113
n.151*
1*,225
181,709
18
112
125
123
121
80
1.91*0
1-956
Computed
annual rate
of Interest
(Percent)
1*,082
1*.092
3.173
3.203
3.217
1.91*1*
interest
charge
1*,092
3. 931*
167,01*3
2/
5,1*50
5.1*98
3,961*
1.958
1.950
l.?39
gyU
>*.853
1-955
3.625
3.600
181*,
i*.665
I.96I*
185. bo6
Dally Treasury Statements.
Treasury bills are Included In Interest-bearlne debt figures
at face amount, but for Tiurpoaes of calculating the computed
annual Interest charge and the computed rate of interest, the
discount value Is used.
For the purposes of computing the
Coinputed
Interest-bearing
of interest
81*2
161,018
171.312
185.9^6
Computed
ornniel rate
26,1*80
27.61*5
11*6,655
11*1*,
Computed
annual
Interest
charge
Guaranteed obligations 2/
81
i*,p69
81
1.90I*
1*,227
1.903
2,258
80
33
2.258
1.529
33
19
1.1*1*9
1.1*71
1-255
annual Interest charge and rate of Interest on United States saving*,
bonds. Series JUX are considered to yield 2.90 percent per annum and
Series 7 I3 considered to yield 2.53 percent.
Guaranteed securities held by the Treasury, and securities ffuaranteed
aa to Interest only, are not Included in this table.
June 1944
27
Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued or Guaranteed by the United States^
As of May 31, 1944
(In mllllonfl of dollarB)
Detailed annual maturities
Year
and
Deecrlptlon of security 2/
month
Treasury bills
iSkh.
3/W
June
Au^.
Sept
Sept
Sept.
Oct..
.
Dec.
.
Dec.
7/3*
7/8*
19U5-peb
19^*7 -Jan.
June.
Sept.
Sept.
Oct..
Dec.
igUg-Mar...
Mar,..
June.
June.
Sept
.
.
.
TreasTory note
A Ctf. of Indobt. D Ctf. of Indebt. I -
6/l5/'''»
CD70-
9/15/'*'*
1*
Treasury note
Treasury note
7/8*
7/8*
Ctf. of Indebt.
Ctf. of Indebt.
H
Total.
Sept
Dec.
Plxedmaturlty
Issues
(Date of issue 1b ahown In parentheses)
Treasury bond
5/1/".g/l/lt^*
9/15/'*'*
10/l/l*'t
12/1/1*1*
- 12/l5/l*l*-5lt
(Various)
(6/15/39)
(8/S/'t3)
(9/l5/'t3)
(12/22/39)
(I/31/U1)
(10/l5/'*3)
(12/1/1*3)
(12/15/2U)
Callable lasues
classified by year of:
First
call
Pinal
oaturl ty
Total annual maturities
llxed-maturlty
Issues plus
callable Issues
classified by year
of flret call
Plxed-oaturity
Issues plus
callable issues
classlfted by year
of final maturity
Treasury Bulletin
28
Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued or Guaranteed by the United States^
As of May 31, 1944 - (Continued)
(
In mllllscs of dollars)
Detailed annual matxirltles
Description of security 2/
Year
and
month
rixedDaturity
(Date of Issue is shown in parentheses)
issues
Callable issues
classified by year of:
?ir3t
call
?inal
maturity
Total annual maturities
riied-natur It
Fixed-maturity
issues plus
issues plus
callable issues
callable issues
classified by year classified by year
of final maturity
of first call
I
1951-Mar.
June.
June.
Sept.
Sept.
Sept.
Dec.
Dec.
Dec.
2-3/U^
2^
2-5/U$
2^
2%
3^
Treasury bond
3/15/18-51
Treasiiry "bond
e/is/itg-si
bond
bond
bond
bond
bond
bond
bond
6/1S/51-5U
9/15/U9-51
9/15/51-53
9/15/51-55
12/15/51-53
12/15/51-55
Treasury
Treasury
Treasury
Treasury
2-1 /U$ Treasury
Treasury
2^
Treasury
2$
(3/16/36)
(1/15/^2)
(6/15/36)
(9/l5/'*3)
Treasury bond
Treasury bond
Treasury bond
Treasiiry bond
Treasury bond
Treasury bond
5-1 /S^ Treasury bond
(9/15/31)
12/22/39
(12/1 '^/Ui)
(
3/15/52-5^
3/15/50-52.
6/15/52-55
9/15/50-52
9/15/50-52
'
(3/31/"*!)
1,02'»
(lo/ig/Us)
(2/25/^2)
(9/15/38)
1.501
2^0
Dec.
759
12/15/U9-52
(12/15/3"*)
l»91
(10/7 /Uo)
l2/15/'t9-53
(12/15/36)
(12/22/39)
12/15/51-53
Dec.
2-1 /2it Treasury
2-3/UfS Treasury
3-1/^^6 Treasury
Treasury
hi
3/15/52-5^
6/15/51-5lt
6/15/5I-56
12/15/IA-5I*
(5/3l/'H)
(6/15/36)
(7/22/Mo)
(12/1S/2U)
1955-Mar..
June.
June.
Sept.
Dec.
2-7/8$ Treasury
2-l/U<? Treasury
Treasury
2^
Treasury
55^
Treasury
2$
bond
bond
bond
bond
bond
3/15/55-60
6/15/52-55
6/15/53-55
9/15/51-55
12/15/51-55
Treasury
2-1/2$ Treasury
2-l/**/& Treasury
3-3/U$ Treasury
2-1 /U$ Treasxiry
5-3/'*5f
bond
bond
bond
bond
bond
9.338
(3/15/35)
(2/25 /fo)
(10/7 /"to)
(9/15/31)
725
10,890
681
3.687
2.811
3.'t91
6.253
1,170
919
I.UU9
l,02lt
1.627
1.037
3.687
2.611
1.501
725
755
510
(12/15A1)
3.1*91
1*89
3/15/'*6-56
(3/15/26)
3/15/56-58
(6/2/1*1)
(7/22/1(0)
1.1*9
6/i5/5l*-56
9/15/56-59
9/15/56-59
(9/15/36)
(2/1/lA)
982
3.823
681
6,253
Total.
10.890
681
2.611
1956-Mar.
Mar..
June.
Sept.
Sept.
2.52"*
7.986
1.786
1.118
681
Total.
9.333
725
(9/15/'*3)
725
bond
bond
bond
bond
5.628
1,186
(10/16/22)
6/15/53-55
9/15/51-53
11.996
i*.939
(It/15/U3)
10/15/1*7-52
Total
195U-Mar.
June.
June.
5,628
1.963
2.52U
Treasury bond
Treasury bond
2-1 /2f^ TreasTiry bond
2-1/U^ Treasury bond
2f
2.098
(7/l5/'*2)
12/15/'*9-51
Total
Sept.
Dec.
1,292
7,986
755
1,118
510
11,996
2-1/2^
2^
2-1/U^
2-1/2^
2^
U-l/U^
1953-June.
1.627
(5/l'^/'*2)
Total
1952-Kar. ..
Mar. ..
June.
Sept..
Sept.
Oct...
Dec...
1,223
l.OlU
1.170
1957.
195S-Kar.
June.
2-1/2^6 Treasury bond
2-3/U^ treasury bond
5/15/56-5S
6/15/58-63
(6/2/Ul)
(6/15/38)
1,1*1*9
919
919
1959- Sept
Sept.
2-3 /U^ Treasury bond
2-1/M& Treasury bond
9/15/56-59
9/15/56-59
(9/15/36)
(2/1/Ul*)
1,1*1*9
982
3.823
1*.80U
(Continued on following page)
u.soi*
June 1944
29
Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued or Guaranteed by the United States^
As of May 31, 1944 - (Continued)
(In millions of dollars)
Detailed annual maturities
Description of security 2/
Year
and
month
71zedmaturlty
(Date of Issue Is shown In parentheses)
2-7/SSt Treasury bond
1960-Mar..
Dec,
3/15/55-60
12/15/60-65
2-3 /U56 Treasury bond
Issues
Callable Issues
classified by year of:
rirst
call
l,Ug5
Total.
1,US5
Panama Canal bond
-
3Jj
1962- June...
2-1/2*^ Treasury bond
6/15/62-67
(5/5/'«2)
1963- June.
Dec.
2-3 /U$ Treasury bond
2-1/2^ Treasury bond
6/15/58-63
- 12/15/63-68
(6/15/38)
(12/1/U2)
-
6/I/6I
(6/1/11)
.
.
2-1/2^ Treasxiry bond
2-l/2?6 Treasury bond
6/l5/6lt-69
('»/15/'*3)
12/15/6U-69
(9/15 A3)
2,611
50
2-3/^^ Treasury bond
2-1/2 Treasury bond
12/15/60-65
3/15/65-70
2.611
50
50
919
2,831
919
2,831
919
3,762
3.838
7,600
1965-Dee
Mar
1,U85
2,118
2,531
I96U- June
Dec
yixed-maturlty
Fixed-maturity
Issues plus
Issues plus
callable issues
callable ismies
classified by year classified by year
of first call
of final maturity
2.611
(3/15/35)
(12/15/38)
I96I- June
risal
maturity
Total annual maturities
7.600
1,U85
(12/15/38)
(2/1/Ul*)
2,287
Total
2,287
l,Ug5
2.287
1,1'85
2,118
2,716
2,118
1966.
1967- June..
Sept..
2-1/256 Treasury bond
2-1/2^8 Treasury bond
6/15/62-67
9/15/67-72
(5/5/^2)
(10/20/Ul)
2,716
2,716
1968-Dec
2-1/2)6 Treasury bond
- 12/15/63-68
(12/1/U2)
2,831
1969- June.
2-1/2)6 Treasury bond
2-1/2)6 Treasury bond
6/15/6U-69
(U/l5/'t3)
12/15/61*-69
(9/15/^3)
3,762
3,838
Dec.
1970-Mar
2-1/2)6 Treasury bond_
-
3/15/65-70
(2/l/lA)
9/15/67-72
(10/20/ltl)
2.831
7,600
7,600
2,287
2.287
2,716
2,716
1971.
1972-Sept
Source;
1/
2/
2-1/2)6 Treasury
bond
Daily Treasury Statement, and reports to the TreasTuy.
Excludes postal savings bonds, Federal Housing Administration
debentures, and guaranteed securities held by the Treasury.
It should be noted that callable issues appear twice in this
column, once in the year of first call and again In the year of
final maturity.
Callable issues with respect to ^ich a definite notice of call has been made, however, are listed as fixed
2/
maturities. The abbreviatioas refer to the following corporations:
Home Owners' Loan Corporation, Commodity Credit Corporation, and Federal Farm Mortgage Corporation.
The Reconstruction Finance Corporation notes. Series I-A, X-B.
and X-C, which are held entirely by United States Oovemaent
agencies, have been classified as non-marketable issues.
30
Treasury Bulletin
Offerings of Marketable Issues of Treasury Bonds, Notes, and Certificates of Indebtedness-^
Since January 1, 1942
(In mllliona of dollars)
June 1944
31
Offerings and Maturities of Treasury Bills
Table 1.- Description of Treasury Bill Offerings and Amount of Maturities
(Amounts In millions of dollars)
Description of new iaeue
Date of
issue
Amount of bids accepted
Maturity
date
19lt3-MBy
5.
19U3-Aug.
May
May
May
12.
19.
26.
Aug.
Aug.
Aug.
June
June
June
June
June
16.
July
July
July
July
Aug.
Aug.
Aug.
Aug.
2.
9.
23
30
7.
Ik.
21
28.
k.
12.
19.
26.
Sept.
2.
Sept.
9.
Sept. 16.
Sept. 23.
Sept. 30.
Number of
days to
maturity
U.
12.
19.
26.
91
92
92
Sept.
2.
Sept.
9.
Sept. 16.
Sept. 23.
Sept. 30.
92
92
92
92
92
Oct.
Oct.
Oct.
Oct.
92
92
92
92
Not.
Not.
Hot.
Not.
Dec.
Dec.
Dec.
Dec.
Dec.
7.
lU.
21.
28.
k.
12.
18.
26.
2.
916.
2330.
92
Amount of
bids
tendered
1.388.6
1.509.3
1,566.7
1.378.7
906.0
1,000.5
1,006.1
1,005.8
l,''7't.6
1,305.8
l,176.U
Feb.
Feb.
reb.
Jeb.
10.
17.
zk.
Mar.
Mar.
Mar.
Mar.
Mar.
Apr.
Apr.
Apr.
Apr.
May
May
May
May
3-
2.
9.
16.
23.
30.
6.
1320.
27.
U.
11.
18.
25.
May
May
May
May
11.
18.
25.
June
June
June
June
June
July
July
July
July
Aug.
Aug.
Aug.
Aug.
1*.
1.
8.
1^.
22
29.
6.
13.
20.
27.
3.
10.
17.
21*.
13.061.5
13.071.5
13.067.5
13.073.5
76.
91*0.5
9lt3.2
91
91
91
91
1.239.5
1.006.9
l,18lt.8
l,ool*.7
1,1*13.9
1,000.8
1,008.1
955.1
951.3
928.9
91
91
91
91
91
91
91
91
1,002.6
I.OOH.7
1,001.3
1.008.7
931*. 8
1.006.1*
1.011.1*
91*2.5
91*7.6
1.000.2
1,005.5
1.011.0
93I1.1*
2.255-5
2.173-7
2.273-5
2,291.5
l,0ll».8
2,1*59.2
1.69U.3
1,815.0
1,791.7
1.771.8
2.551.6
2, 31 1*.
1.979.2
929-1
927-3
930.5
68.
70.7
51*.
78.1
991*. 7
13.01*6.2
13.057.8
13.05U.1
13,062.1*
13.059.5
13,0611.1*
1.006.9
13. 080.1
1,000.2
1,017.2
1.016.9
91*2.8
l,00l*.7
957.7
950.0
1.000.8
1.008.1
13.075.6
13.092.0
13,100.9
1,002.3
1,005.7
1,012.7
1.007.7
930.7
927.8
71.6
77.8
1.002.6
91*1.3
71.1*
932-5
75.2
1,001.3
1,008.7
1.007
1.035
1,016
1,001
1.009
936-3
969.5
951-1
937-1
1*1.9
l,00lt.7
71.1
1,006.U
1,011.1*
1*7.0
I.013.U
1.015.9
960.7
959.0
959.5
961.3
5l*.6
I.OIU.8
1.000.2
1.017.2
1,016.9
1,017.1
1.206.9
1.206.3
966.6
2,172-7
2,170.2
1.11*8.0
1.11*7.0
1.958.1*
l,2ll*.l
1,157.1
50.5
59.0
59.3
57.0
1,002.3
1.005.7
1.012.7
1,007.7
91
91
91
91
1,997.8
1,927.7
1,007.7
2.028.1*
91
91
91
91
2,11*9.7
2.131.1
13.038.0
966.7
9UU.8
969.0
63.9
63.8
65.8
60.7
66.0
65.1
63.9
55.2
2.095.1
2.116.T
1,976.7
12.71*9.0
13.078.3
2.151.5
2.1*50.7
12,1*59.8
1,001.8
I.OOU.9
1,008.6
1.017.7
1.003.0
91
91
91
91
91
Data on new issues come from Public Debt SerTlce; amount of
maturing Issue and total bills outstanding are on Daily
Treasury Statement basis.
Back Figures: Annual Reports of the Secretary of the Treasury.
Source:
1,005.3
1,002.3
932.2
91
91
91
91
91
6.
1.005.8
7I1.O
1.008.6
1.017.7
1,003.0
l,5l*U.0
1320.
27.
67.8
75-6
59.5
1.2U7.1
1,221.6
1,621.6
Apr.
Apr.
Apr.
Apr.
13,058.9
91*2.3
950.1*
1.11*2.7
6.
13.
20.
27.
1.003.1
1,001.2
1.003.7
1,002.8
1.001.8
91
Jan.
Jan.
Jan.
51.9
53.H
71.8
67.8
91
91
91
91
91
1,177.6
1,281.2
1,535.6
90
91
90
iglA-Jan.
77.3
59.8
62.5
75.9
68.3
3.
11,863.9
12.91*1.8
929.1*
93l*.o
10.
17.
2U.
11.663.1*
12.8U6.0
932-2
Feb.
Feb.
Feb.
Feb.
11.057.7
11.261.1
11.1*59.1'
906.0
9O8.7
1,000.5
1,006.1
1.005.8
991*. 7
1,005.3
1.002.3
91*0.3
10,852.9
905.1*
l.Uig.o
i.teo.s
1.277.9
1,286.5
10.6U8.lt
12,563.8
12.651.5
57.1*
1.337.7
10.1*1*3.6
901.8
907.0
907.8
1*8.8
9l*«.5
1,1*98.8
701.3
705.3
802.2
802.1
8O5.I
10,21*1*.
12.062.5
12.259.7
12. '58.7
951*.
1.00l».9
701.9
707.8
703.0
700.8
Total bills
outstanding
(as of date
shown in
first column]
8OU.7
8OU.C
9OU.7
901.8
1.005.8
12..
18..
26..
23.
30.
58.1*
l,lt08.9
Not.
Not.
Hot.
Hot.
23.
30.
9U7.I*
92
92
91
92
6.
916.
931*. 1
62.3
88.1
79.2
71.9
1*0.6
13.
20.
27.
2.
8U3.7
820.5
921.3
80.6
93.5
82.5
962.5
932.8
933.0
Jan.
Jan.
Jan.
Mar.
Mar.
Mar.
Mar.
Mar.
901.8
826.U
8IU.3
823.0
Amount on
fixed-price
basis 1/
1,003.1
1.001.2
1.003.7
1,002.8
19Uit-Jan.
9..
16.,
908.
Amount on
competitive
basis
1,520.3
1.373-8
l.3'*5.5
7.
2.,
905.lt
1.1105.5
lU.
21.
28.
Dec.
Dec.
Dec.
Dec.
Dec.
901.8
907.0
907.8
1,321.6
l."37.2
Oct.
Oct.
Oct.
Oct.
h..
Total
amount
Amotmt of
maturing
issue (as
of date
shown in
first column)
95i'.5
1.011».5
55-5
5U.0
1.000.2
1.005.5
1,011.0
13. 081*.
13.076.3
13,061*.
13.072.2
13,100.5
13.101.5
13.113.0
13.112.0
13.113.0
13.137.1
13.153.1
I3.IU8.6
13,1U7.3
13.11*0.1
13, 151*. 1*
13.150.7
l3,l'»9-7
13.16I1.5
13. 365.
13.559-3
13,765.8
Commencing with the offering of Treasury bills dated
May 12, I9U3. tenders for bills in the amount of S100,000
or less from any one bidder haTe been accepted in full at
a fixed price of 99-905 per hundred.
Treasury Bulletin
32
Offerings and Maturities of Treasury Bills - (Continued)
Table 2.- Prices and Rates of Treasury Bill Offerings
Total bids accepted
iBte of
issue
CoopetitlTe bide accepted
High
Average
price
per hundred
DquiTaleot
average
rate 1/
Price
June 1944
33
Sales of United States Savings Bonds
Table 1.- Sutmiary of Sales and Redemptions, by Series
(In mllllonB of dollare)
Redemptions
Fiscal year
or month
Amount
outstanding
end of
fiscal year
or month 1/
Hat
chan^
Sales to
lATestors
other than
during
fiscal y«ar
or month
coismerclal
Sales to
commercial
hanks
Accrual
of
redemption
values
Original
purchase
price £/
^anks
All series 2/
62-0
1935
1936
1937
1938
1939
62.0
316.1
799-6
1.237.7
1,868.1
»h83.5
19I4O
2.90U.7
19I1I
It.
1^2
I9't3
l9'»3-»fa7
June
62.6
-5
26lt.o
1.2
7-2
17.1
28.0
U38.0
512.6
U87.5
+630.5
681*. 5
»l, 036.6
1,108.7
»1,U09.3
1,1*92. It
10.i88.2
21.256.2
5.S7».2
11.068.0
11.788.7
11.788.7
65.0
87-5
127-6
20.507-1*
l.2ltO.U
21,256.2
7U8.8
1.335-0
875-5
1.335-0
875-5
llt.U
n't.
5.99't.l
i
1.1*92 .^
5.99"*-l
I
it/
1*2.1
9.1*
July
August.
September
22.030.2
22.693-5
Tyit-i
2lt.U78.U
1.7811.9
889-7
801.7
1.926.6
889-7
801.7
1.926-6
22.6
13.6
13-6
Octoher.
BoTSmher.
Decemher.
26,056.0
26,697-0
27,362-8
1,577-6
1.708.2
1.708.2
6U1.O
665.8
798.1
853-0
798-1
853.0
13.1
13-U
19.6
28.901.0
31.515-2
31.973-8
1.538-2
1,698. It
1.505-lt
Tehruaiy.
March
2.6111.2
1»58.6
2,781-5
2.700.9
705-0
April
Max
32, ^e. 8
523-0
738.
737-0
32.987-0
+U90.2
750.1
7lt8.U
.
.
igWuJanuary.
.
663.3
709-1
193-0
80.6
U.l
27-7
17-5
17-6
1.5
2.2
18.
21.6
11-2
36.2
66.6
82.0
Treasury Bulletin
3^
Sales of United States Savings Bonds
-
(Continued)
Table 1.- Summary of Sales and Redemptions, by Series
-
(Continued)
(In millions of dollare)
Redemptions
Fiscal year
or month
Amount
outstanding
end of
fiscal year
or month l/
Net change
during
fiscal year
or month
Sales to
investors
other than
commercial
banks
Sales to
commercial
benks
Accrual
of
redemption
values
Total
Original
purchase
price 2/
Interest
accrued
2/
Series X
203.1
3,676.8
11,286,6
I9UI.
19U^.
19U3.
10,709.0
11,286.6
igltJ-May.
203.1
3.''67-7
7.615.8
-913-0
July
Augus t .
September.
11,857.8
12.390.6
13,660.0
577.6
571-1
532-8
1.269-5
October.
November.
December.
1U,881.6
1
June.
.
.
.
15,1*01*.
15.957-2
203.1
3.526-3
8.271.3
203.1
3.526-3
8,271.3
33-1
60.0
688-6
60-0
688.0
995-2
696-2
995-2
696.2
U.2
6-5
86-5
125-1
125-0
682-9
661-2
8.1*
120.1
5.6
131*.
1,1*00.2
6.1
136.8
125-1
1U9.7
186.2
12l*-8
9.1
163.6
160.7
163.2
160.2
21*0.8
212-2
2U8.8
1,31*0.1
1.31*0.1
6.1*
665.3
727.6
665-3
727-6
7-5
933-8
1.950-8
1.08U.6
2.102-3
575-8
12.7
9.7
2Ul.lt
605-7
62U.3
lU.2
12.1
212.9
221
.
February.
March
18,81*1.7
19,185-8
31*1*. 1
April.
May...
19,592.8
19.979.5
U07-O
386.7
605-7
62U.3
19U1.
66.6
66-6
191*2-
1*98.9
66.7
U3U.9
757.9
66.7
U3U.9
757.9
55.9
35.1
85.9
35.1
37.6
28.1
139.0
37.6
28.1
139.0
93-1
93.1
23.1*
23.1*
24.1
2i*.l
126.8
157.
22.9
68.7
132.7
21.7
19.3
15.3
19.1
IU.6
16,891.0
.
120.0
133.8
136-5
682-9
661.2
523-1
552-5
.
86.
1,1*00.2
l.osU.6
2,102.3
575-8
igUU- January.
1-5
11-2
21*9-7
lUg.i*
1S5.9
Series 7
191*3.
1.21*2.3
7I+3.I*
19l*3-Hay..
June.
1.209.5
83.1
32.8
35. U
2U.9
136-7
90-2
19.1
20-0
123-2
151.7
17.0
15.2
10.0
1.21*2.3
1.277-7
1.302.7
July
Au^s t
.
.
.
September.
1,1*39-1*
October.
November.
December.
1.529.6
.
1,51*8.7
1,568.7
19UU-JaBuai7...
?Bbruary.
March
1,691.9
1.81*3.7
1,860.6
1.875-8
1,885-9
April.
May...
.2
2.9
2.9
2.5
17.0
17.0
2.8
2.8
2-8
2.8
2.8
3.5
2.7
2-8
3-5
2-7
.u
3.3
•7
.8
^^8
3-3
5-0
U.8
7
.U
.U
58.1
1.1
2U.7
1.3
-6
.2
-9
-l
1.0
-7
U.g
6.3
6.6
i
5.0
6.3
ij
Series d
191*1.
39H.O
I9U2I9U3.
2,1*11*. 3
19l*3-Moy..
It,
5.119.2
982-0
5.119-2
June.
July
August.
September.
.
.
October.
November.
December.
.
191*1*- January.
.
FebruaryMarch
April
May---
Source
-
5,280.0
5.385-0
5.763-1*
39U.0
2.020.3
2.70U.9
21*5.6
137-2
160-8
105.0
378.
6,029-2
6,128-9
6,220.5
265.
6,691*.
U7U.It
7.205.6
510-7
96.8
100.8
7.302.1*
7.1*03.3
7.1*98-7
39U.6
2.032.1
2.759-5
99-7
91.6
95-'*
,169-2
39U.6
2.032.1
2.759-5
•5
-5
11-8
11.8
5'*-5
5't-5
253-9
lUU.l
8.2
6.9
8.2
6.9
169.2
112.
112.
387-1*
387.'*
9.0
27U.9
27U.9
109. U
101. U
9-7
9-8
9.8
12-6
11-0
17-5
12.6
11.0
13.5
12.7
15-7
12.7
15-7
109.
101.
9.1
I3U.9
55-8
U86.9
521.7
110.3
1*65-9
107.6
2-8
113.5
111.1
112.2
109.6
1.3
352-0
Dally Treasury Statements.
Less than $50,000.
At current redemption values except Series 0. which is stated at par.
Unclassified sales shown in the Dally Treasury Statement have been
classified by series.
Istlmated, except for Series tJ.
Series A-D, the sale of \rtilch ;oramenced in March 1935 and continued
throu^ April I9U1, are 10 year discount bonds which were sold at
75i of maturity value, yielding 2.9056 per annum if held to maturity;
purchases were limited to $7,500 issue price in any one calendar year
Series I,
and from April 1, I9U0, could be made only by individuals.
Series E Is a 10 year
have been on sale since May 1. 19^1r, and
per
discount bond sold at J^i of maturity value, yielding 2.90*
annum if held to maturity; purchases are limited to $3,750 issue
price in any one calendar year and may be made only by Individuals.
Series F is a 12 year discount bond sold at "jk^ of maturity value,
Is a 12 year
yielding 2.5356 per annum If held to maturity. Series
current Income bond, sold at par, bearing interest at the rate of
2-I/256 per annum, redeemable at par on maturity, or at stated prices
1.5
leas than par before maturity. Purdiases of Series T and 6 in any
one calendar year are limited to $100,000 issue price for the two
series combined ($50,000 in the calendar year 19^1) and throu^
December 71, 19**? could be made by all investors except commercial
Comnjenclng January 1, 19^. commercial banks holding savbanks.
ings deposits (as defined in Regulation Q of the Board of Governors
of the Federal Reserve System) were permitted to purchase Series 7
and
bonds providing such combined purchases do not total more than
$100,000 issue price in any one calendar year and oroviding that the
bonds, 2-1/2 percent Treeeury bonds
total holdings of Series 7 and
of 196^70, and 2-l/U percent Treasury bonds of 1956-59 do i^o^ exceed 10 percent of savings deposits. For further details concerning
redemption values and Investment yields, see "Treasury Bulletin" for
August 19U3. page U.
Prior to April 1, 19^0, commercial banks were permitted to purchase
It is estimated
savings bonds on the same terms as other Investors.
that such piirchases aggregated about $700 millions.
Not yet available.
..
.
..
..
. ....
U
.
U
U
7
3
June 1944
8
6
U
8
3
35
Sales of United States Savings Bonds
-
(Continued)
Table 2.- Total Sales by Series, Classified by Denominations
Sales in millions of dollaxs at Issue price
Fiscal year
or month
Percentage distribution of sales
Denomination
Total
Denomination
Total
all
denominations
all
$23
$50
$100
$500
$1,000
$5,000
$10,000
denominations
»25
100.0
100.0
100.0
17.5
$1,000
$50
$100
36.1
6.5
9-7
13.1
20.U
23.0
20.7
20.0
18.1
12.2
31-7
17-9
»500
$5,000
$10,000
Ssrle. I
I1O.7
ik.k
Ul.U
93.U
203.1
13-3
3IH.5
812.
615.6
636.9 1,119.5
3.526-3
8,271.3 2,988.2 1.081.0 1.713-8 1,007.3 l.Ugi.o
igUi 1/.
igits
19113....
995-2
696.2
32U.6
299.3
126.
2llt.2
138.5
102.9
133.2
66.9
682.9
661.2
i.Uoo.a
290.3
290.8
376.5
99.2
102.1
158.8
129.2
125.6
3U0.I
220.5
October.
November
December.
l.3'*0.1
39l'-3
665.3
727.6
303.0
328.7
173-7
108.3
igltV January..
February.
March
1.08U.6
2,102.3
575-8
3U2.9
5U8.9
27U.3
605.7
62U.3
291.3
305-9
19U3-Majr.
June.
July
August.
.
.
Septeml)er
April.
Hay..'
33't.9
7.1
191.6
93.8
100.0
100.0
12.6
12-7
113.0
lit.
21-5
19.1
13-9
9.6
19.3
13.5
96.9
82.6
30U.1
100.0
100.0
100.0
U2.5
lA.O
26.9
18.9
13.0
11.3
24.
9.9
9.1
15.8
1I1.2
15.fi
190.3
5U.2
5o.U
2U6.9
100.0
100.0
100.0
29.lt
13.0
16.3
16.1
25.0
19-1
19-3
lU.2
18.
2l41.1
100.0
100.0
100.0
31.6
26.1
13.0
11.8
17.9
20.7
2U.2
21.7
12.5
U3.6
5.2
22.2
23.1
7.6
100.0
100.0
17.6
17.8
17.7
17.8
6.7
6.U
9-9
9.0
67.2
60.1
117. ft
127.3
lUo.l
iko.s
22U.6
21*7.5
508.
102.9
125.3
135-2
312.0
29.7
106.7
110.8
107.6
111.2
U0.3
39-9
59.9
56.U
2.0
72.
81.0
1.85.3
U5.6
115.2
117.
U8.1
ii9.o
21.1
22.lt
6.6
6.3
32.2
31-9
23-9
25.6
3-"
3-9
2-7
6.2
5-'*
32.2
3U.8
33-3
23.8
23.0
26.0
100.0
100.0
100.0
U.2
6.8
7-8
7-5
33.0
35-2
21.0
21.0
21.0
85-6
82.5
8.9
100.0
100.0
100.0
1.6
3.0
5.0
2.6
lU.l
3.0
6.9
5.5
100.0
100.0
82.lt
71.8
22lt.3
578.1
8O5.7
lt06.2
I1O.6
13-2
123.6
210.1
12.3
91-7
170.2
38-3
171.1
308.
100.0
100.0
100.0
85-9
35-1
3."
1.5
5.6
2.2
27.7
11.2
20.5
9.0
27-9
10.9
100.0
100.0
U.O
37-6
28.1
139-0
1.3
1.1
3-7
2-3
2.0
7-5
12.1
9-8
12.7
8-5
Uli.S
100.0
100.0
100.0
October.
November.
December.
93.1
23.U
6.U
1.8
1.8
30-7
8.7
8-5
19-5
2fi.l
3.9
1-3
1-3
31-7
6-5
7-2
igUU- January.
February.
March.
126.8
I57.U
22.9
2.0
U.7
1.1
3-3
17.7
28.3
1.5
17.8
33-6
6.6
19-3
15.3
.9
.8
1.2
1.0
6.1
3.9
lt.7
39U.6
2,032.1
2.759-5
U.8
50.9
81.5
11.2
113.0
188.7
11.0
2I1.9
5.1
12.2
91.
50.1
51.3
30.5
July
August.
September.
. .
.
.
April.
May...
I9U1
1./...
19112
19'*3
19l*3-May.
1^1
June.
July
August.
September.
.
.
October.
November.
December.
igUU-January.
February.
.
March.
.
.
April.
May...
7.1
I16-2
31.5
30.6
20.U
19.6
100.0
100.0
100.0
1.2
2.5
3.0
2.8
5.6
6.8
20.9
18.2
20.0
29.2
19-1
100.
lt.lt
36.0
It6.2
100.0
3.5
9.8
8.5
31*.
20.2
21.2
36.3
23-5
85,8
1I9.6
100.0
100.0
100.0
U.5
8-7
9-3
10.0
37.2
37.8
38.7
21.5
20.9
22.1
107. It
5lt.o
68.2
lilt.3
20.9
19-7
28. U
100.0
100.0
100.0
11.0
10.1
fio.5
19.6
19.1
I't.7
9.9
39.5
i9.lt
62.8
82.7
20.9
285.lt
2-3
5-7
37.6
100.0
100.0
100.0
II
8.2
8.6
20.5
27.7
3^-7
12.9
15-8
19.0
21.8
21.9
36-0
32-5
100.0
100.0
3-5
3-6
9.1
9.0
36.5
19.2
19.7
101. It
u.8
30.3
11.1
10.0
Ug6.9
521.7
110.3
11.0
28.0
27U.9
113.5
111.1
To
U.o
it.o
ll2.5
112.5
Uo.o
iS:I
9-5
38.3
10.3
10.0
ltl.5
U2.7
Daily Treaauiy Statements; (2) Figures by de(1) Total sales:
nominations are estimated on the basis of reports received by the
Treasxiry
37.1
5-3
62.9
i09.lt
5-3
5.2
28.8
1U9.9
li
5.0
lt.2
6.2
6.8
10.5
38.7
387.U
I1.9
3-3
tl
llt.8
112.
9-0
6-5
36.2
i:3
13.9
18.0
19.6
17-3
169.2
8
27-7
757-9
2lt.8
jTine.
lit.
10.9
11.1
18.lt
.9
iq.6
19ll3-H«y.
8.3
28.
66.7
113U.9
19113....
8.1
12-5
21.7
19.8
y.
I9I+2 2/.
19U1
I16.O
t-s
883.8
526.3 1.157.3
31.3
95-6
26.9
232. It
1/
2/
l.U
l.£
U.6
21.
28.lt
38. It
Sales of Series I. f, and 9 bonds commenced May 1, 19ltlSale of $25 denomination Series F bonds began in January
I9I12-
Treasury Bulletin
36
Sales of United States Savings Bonds
(Continued)
-
Table 3.- Sales, by Series, to Investors Other than Commercial Banks, Classified by States
PART A
-
SIRUS I
(In thoutandf of dollara at laiua prleas)
71 teal T*mT
ilabana
I9U3
19>t2
I9't3
28,996
91.272
27,8l»6
JU'lzona
ArkanBaB
California
Colorado
Connactlcut
Oaor^a
Idaho
IlllnolB
Indiana
Iowa
KanaaB
6.191
2.233
3.609
7.728
2.650
3,631
6,395
15,600
5.100
9,800
17.171
3,51*7
62. 525
Sapt.
2,171*
8.1*05
iit.017
123,721*
56,01*9
5.028
13,300
56.999
5.121
16.557
86.635
7.698
19.502
182,91*0
17,1*60
1*1.593
1*5,970
12.627
26,163
3,500
10.600
13,000
3.155
17,113
18,361
1.563
II.0U9
6.699
1,802
8,516
8,067
2.739
1*.205
1.571*
11.1*19
23.069
11.237
29.U1*6
5.683
8.127
1,381
7.696
7.856
8,666
1,6U3
9.051
1.979
50. 733
11.850
3.979
29.91*7
6.952
7,880
8.957
150,U6l
1.121*
1*0,050
1*3,
21.585
21
15,538
9,538
7,257
19,232
9,773
6.666
59. 222
61,192
88,1400
911
1*,136
11*. 1*73
12.91*1
12,105
11,300
21,500
i^
1.692
1.521*
8.311*
8.01I7
9.609
8.702
1,596
8,856
8,268
7.1*86
7.670
1.769
1*7. 266
11,
83.1lt3
2.236
10,870
39.565
89.1*96
n,uoi
35.6U2
9.^*0
282.055
9U,52U
10,256
27.8>t5
3.1*38
1.751
575.056
62,606
ltU,265
213. 8I3
176. 508
23, 801
17.1*72
12.1*55
7.629
106.190
I7.8I5
13.827
7.606
5,23'*
8.817
18,81*9
i*.50O
1*3.125
77,800
6,296
8U,909
1*5.1*79
35,666
33,051
18.793
10,570
12.1*27
18.S08
21.1*97
7.l*l»7
7.015
lit, 1*57
58.283
63.579
36.095
5.S5I*
8.060
7,269
3,595
2,8l6
10.121
12.687
U.76I
26,856
25,213
11.530
5,089
6,896
2,565
6,532
7,657
2,618
25.983
8,63U
20,881
33,122
9,592
3,087
12,336
19.879
13.96U
7.635
18,653
3l*.900
12,1*02
7,602
35.900
20,800
6.606
7.23'*
2,871*
7.282
7.8U7
2.672
7,279
7.732
2.710
15,000
18,800
5,500
16.501
17.638
8,325
9.186
23.653
16,200
35,600
75,100
17.1*27
9.015
52,616
96.003
23,1*67
11.250
21,771
1*0.1*69
1*0,91*0
13,575
35,929
52.215
131,60c
00
7.289
15.692
33.961
12.095
3,153
15,536
12,061
3.571
16,519
28.795
9,381
9
26
6,617
1*3.513
18. 751
10.170
2. 807
52.068
12.0ll3
6,505
10,870
10.567
28,807
1.689
1,1*08
2,991*
567
2,656
7,195
1.025
009
108. 60U
12.911
280.091
30. 7115
10.923
2U.718
7.351
55.513
1*0,537
39.1*66
179,108
52,870
195,868
21.235
5.503
26,831
11,595
3,186
16,675
12.222
3.252
15,179
10.0^7
3.269
16,112
39.600
16,100
35.100
29.61*5
Montana
Nebraaka
Nevada
17.710
39,1*32
72,
ll,li66
3.359
10,913
1.612
2.361
U.907
7U8
2,189
5,832
1,881*
576
7.090
22.315
1,695
2,0l*6
783
9.200
13.300
1,800
5.050
693
2.199
5.281
639
25,787
303,807
2.806
36,902
2.036
1.978
25.396
1,251
1,960
2,ai
2,800
5.018
2,012
1,761*
26,51*9
23,21*6
1*0,300
1*9,899
2I*, 3II*
1.350
1.273
3,500
3.523
1,336
28,307
1.665
HU,815
7I4.108
8,205
1,651
69.363
7.913
1.91*7
1.5'*2
135,100
18,200
8,300
158,1*07
10,9U8
2.977
80,838
8.166
18,751
9.325
63,682
9.518
15.673
1*0,61*8
1*3,61*1
5,1*78
6,U39
9,983
56U
6,785
9.239
72,900
15,600
15,600
85,682
18,575
2U,86U
50,266
3.760
6.536
92,1*00
1.713
9,200
16,600
65,200
26.0115
I»,3l40
587.2't9
Oklahoma
Oregon
PannsylTania
Rhode Island
South Carolina.
11, 760
160.538
6,978
Ohio
.
South Dakota
Tenneasee
Taxaa
11,39U
3'*,3'*9
190,262
3U,l4«2
506,361*
82,11*3
37.39'»
107. 674
283, 782
2't.293
626, OSl
18,782
Total
6.073
33,171
36.73't
100,530
306,265
3.136
11,008
37.823
33,2^2
1*.521
li',l75
lU5,U59
1.850
16.333
163,921*
21,738
6U,583
172,650
17.313
19,657
2,392
57.962
27.6U2
77.668
7,066
Adjuatment to
Dally Treasuz7
Statanent
53.71*8
53.1*01
11.783
126,056
VaBhington
Weat Virginia
Wiaconaln
Wyoming
Unallocated
17,281*
1*2.297
9.919
7,550
56,272
Canal Zona
Hawaii
Puerto Hico
Tirgin Island....
Other poBseSBlona
ai
991,988
113,869
Utah
Tenaont
Tlrglnla
AlaBka
88l*
12,1*23
lt.193
'•81.637
•
.
10.130
71.181
22,973
9U,goo
Hew Tork
North Carolina.
North Dakota
52. 791
87,607
9'*. 910
37.361
iiu.a7
7,151
10,091
53,269
6,016
It, 015
51,730
2lt,
1,960
7. 708
Ski
2.231
7.689
25.653
2,992
1,089
11,910
3.136
1,100
11,186
ll»,U9
5.090
12.986
1,107
15,782
5,371*
16, 81*7
l,lt08
3.572
1,03!*
12,126
15,1*81
5,1*96
11,890
1.132
557
623
u.ooo
303
15
296
18
3.795
383
19
17.1*69
32,907
2l*.773
63,621*
13,563
-I5.0U7
90,737
27.1*72 27,ltWt
-26,161
3.526.276 8.271.275
995.236 696.213
682.871
5, ''22
7.8a
22, 336
512
1,''72
91
7.397
'*,338
61,066
1*3.
14,685
203
2.959
315
15.837
1.726
5.728
601
590
62U
3,673
37!
l6
55,636
3.916
12,6o«
llt,900
160,150
.
3,866
10,620
7,111
2,098
3.037
7,536
Mlnneeota
MiBBiBBlppl
Miasouri
.
5.699
2.075
2.879
1,1*97
8.332
23.366
37.538
Kew Bafflpahlra.
Hew Jereey
Bew Mexico
3.822
293
36,800
17.7U6
1*9.
.
Apr
Mar.
11.61*8
17.866
3'».«27
Jan.
7.331
2.012
3.903
5.71*3
It,
See.
7.669
2,092
3.675
82.735
U.113
Hot
Oct.
638.877
62,132
168,258
3"*.
Maryland
MaBeachuaetta.
Michigan
11,106
3,760
iu£
July
260.592
69.558
35.?10
Maine
Juna
52,761t
76.661
Kentucky
Louieiana
»v
a'.iioft
77.5^3
Delaware
Dial, of Coluntla
Tlorlda
1<)UU
526
688
9.158
36.336
6,200
8,800
21.1*97
1,1*60
23,1*26
6,066
1.225
1,300
65, 537
81*, 611*
121,785
21*2,271
8,138
2,656
8,968
2,170
ll*,925
30,398
11.317
68.902
5.526
1.661
67,927
7,157
309
6,608
9.283
52.656
7.672
9.286
60, 766
116,962
28,783
29.055
39.178
5.602
6.806
39,912
5,395
7,663
102,520
8,l6U
10,170
52,523
3.506
6,231
56,156
3,698
76,1*95
6.6a
lU7,666
11,198
l6,Ul7
1*5.
6,a7
7,212
2,008
7,365
23,792
59. 786
1*1*,
8.57I*
3.191*
2,81*1*
1,060
11,090
23.557
36,01*1
9,100
28,500
2,100
10, OCR
500
787
5.738
566
37
8,635
12,867
ll*,l*81
5.699
1,1*36
018
2.26U
2.899
1*1*.
1,589
8O5
3.I160
3.763
1.962
7.181*
7.991
13,782
39,1*87
10,099
26,586
105,358
20.696
1,625
7.533
22,255
'*.835
11.01*2
1,601*
2,655
1.661
17.862
1*,021
6U5
7,118
9,828
3.522
862
13.536
17,085
6.108
3.91I*
91*2
281*
522
3.916
669
U,862
322
67
-111*,
3'*,
26, 190
15.333
5.236
13,086
1,181
35.526
13.71*8
1.329
36.671
8.91*1*
766
23.860
8.760
18,870
1.779
1*5,193
11
16,958
51,125
5,805
10.129
13,896
6,989
11,089
878
9UI
1,51*1
,
280
1*,1*09
561
651
393
766
317
528
1*,800
592
6,662
157
538
5.91*6
i*,oo6
U,9l*o
312
10
U65
1.71*6
2,1*35
36
79
S98
u
609
29
7
39
38
221
187
61
26
135
1*3
1*71*
•23.585
22,998
78.51*6
-95.133
1*98
661,200 1,1*00,159 1,360,11*8 665.293
(Continued on following
2,121
5,365
563
75. 193
22,1*00
167,952
lt.706
571
lU
3.'»95
1*8
*«
782
2,555
21,11*9
5.500
2.000
17,600
'
76.
1,1*11
pa^)
1*
16,052
77I*
605, 709
29. 09
727,558 1.08U,637 2.102.11*5 575,
6
U2
.
..
.
..
.
.
.
.
.
i94d
Jane
37
Sales of United States Savings Bonds
(Continued)
-
Table 3.- Sales, by Series, to Investors Other than Conrierclal Banks, Classified by States
FART B - SERIS8 F AND
(Continued)
COMBINED
(Id tboUBands of dollar* at l»su« prlceo)
nacal 7sar
I9UU
19113
State
l^kz
Alabama.
I9U3
13.099
32.007
13.738
16.578
lUO,602
18.302
22li.lli5
23.001
29.7li6
3.1185
11,1196
8,ll21
Arl zona.
Arkansas.
California.
Colorado. .
Connecticut.
.
81.128
Delaware
Sist. of Colunlili
Tlorlda
Oeorgla.
Idaho
Illinois.
Iowa.
11,910
23. a"*?
22,
a9
17,982
7.339
202. OUl
Indiana.
Kansas.
12.326
33,757
36,705
37,831
8,031
272,112
1.396
909
912
12.196
1,632
3.996
19.915
816
2,65U
1.73'i
6.700
1.800
3.607
772
1.398
666
U.llOO
16,099
977
110.200
2ii,96ii
1,1188
2,575
ll,012
6,100
7.100
2.91U
7.03U
918
1.133
2.208
1,063
1.595
2,792
Uio
llOO
ll22
i.oa
1.1115
1,5911
300
800
1,020
2,326
581
l,Olll
11,222
1.701
1,961
327
3.170
3U9
15,256
1,518
22U
10,068
700
300
1,011
2.325
292
30. 700
28,52lt
6.129
5.031
2.290
3.379
3,360
1,076
11,700
13,800
7,100
2,880
2,533
592
1,9111
7,900
9,600
2,100
2,969
3,lto
2.352
2,1170
1,099
897
11,129
11,369
l,9Uo
6.622
11,290
3.626
16.357
11.792
2,612
no
8,900
lU.Uoo
20.800
2,762
5,573
3.362
l,8l»7
12. too
5.900
I3.UOO
7.306
1.399
2,286
660
3.539
2,267
515
3,615
177
1,120
228
3.100
6.100
900
l,lU7
It,
357
198
391
299
928
80
952
23.58U
13,0115
1.327
l,6Ul
311,897
6,819
6,610
3.607
755
l,80ll
2.7119
li6l
3.1113
ll,ll82
Kentucky
Louisiana
2"*.
516
21,651
^
Mai ne
16.570
20,2115
2.1119
1.785
1,032
Maryland
Massachusetts.
Michigan
to,
11,209
2,638
lUlt,i99
511,252
17I1.999
17.772
7, 1189
3,025
1,575
65,01*0
106. 363
7.73I1
5,090
5,
119,069
69.692
21.812
3,2to
8U5
3,699
1,093
8U, 266
7.599
1.351
7.225
5,lliO
5, 1180
6,322
132
I167
1135
I133
3o!'tW
ll,268
2.3'19
1,570
182
2.U39
U,lilil
Minnesota.
Mississippi.
Missouri.
.
.
10,061
68,651
.
Montana.
Rebraslca.
Verada.
111.
.
1137
1811
1.330
950
5.829
1,928
1*23
2,li3U
2,llll2
600
11.765
979
9.257.
33.1108
11,5118
5.1106
367
2.1162
3.709
ll.Uli
11,1191*
9,868
1.276
2. '59
8.887
1.039
1,2U5
U,681
3.580
1,660
5.028
8.317
1*01
1.615
1.108
1.868
W*3
886
2.068
10. 535
1.916
282
5.232
3.509
1.012
25.797
8.723
1,301
to7
13.51*2
9.593
11,311
1,6111
3.7to
3.002
1.596
1,560
1,380
8.766
10,030
5,286
111,013
26,U1.3
U,79li
15,1171
5.5l'l
8.370
1,818
U,680
U.260
2.307
8,117
6.557
6.210
3.706
1.697
1.268
6U7
2.U16
1.322
785
7,325
31.252
11.217
8,378
25,356
2.335
5.198
1.781
10, 550
3.30I1
11,952
3,625
2.231*
5I16
2,7116
12.896
13,114*
'*.970
2.108
11.179
2,112
8,177
518
750
2.153
190
I1.O53
3.111
12.607
1011
5I18
3.509
19.326
1.267
*.173
119
17,92ll
68,129
6,050
1,926
96.018
5.911
28,030
3.195
1.173
26.711
3.771
1.302
8,565
31,108
3.036
13.976
3.337
3.298
7.893
1,U76
930
11,390
6.9ltl
lU,lt03
8I13
7I17
1175
779
118,761
7,025
10,ll92
6,5511
6.U23
867
285
592
U,817
360
900
16,800
1,200
1.710
12,662
9,0311
Hew Tork
North Carolina.
Korth Dakota.
580, U33
627,986
I13.532
28,ll66
lili,65lt
11,221
2,226
28.753
2.651
18.971
1.526
75,000
9,000
li8,35U
26,07U
7,515
10,937
1,168
511
2,1100
Ohio
Oklahoma.
Oregon
119,098
16,587
22,095
203,827
25,095
32.892
8,lll)6
8.166
880
311,300
2ll3,285
28,061l
297.1130
30.U2lt
9. 1159
3.077
18.U81
2,ll00
1,5111
3.I136
6I1U
lll»8
309
520
1.925
39I1
5l*.196
39.lto
110.993
1,U20
9,533
2.U61
5.172
607
2,770
6.133
Dtah
5.019
Vemont
5,8lt2
7.U7I1
7.50I1
608
28,0lU
53. 701
653
709
5,263
2.960
3.1110
25.898
11,780
119,753
Virginia.
.
.
Washington.
West Tlrglnia
Wisconsin.
.
.
Wyoming
Alaska
.
Unallocated.
Adjustment to
Dally Treasury
Statement
Total
86, 336
3,690
6,010
736
Canal Zone
Hawai i
Puerto Hico
Virgin Islands.
Other possessions
17.905
112.205
1.297
6,lUU
1.367
8.996
1,117
152
303
1.356
1,28U
2,291
698
5,1192
3.I192
235
315
198
65
135
1.050
SU
lA
156
86
2,271
157
50I1
1,8113
5.882
U72
17.367
3.010
26
507
1
28
28
"1.768
5.181
2U5
220
»2.259
20,381
118.012
2,ll29
2.1167.031
3.517.351*
339.751 179.277
51
3.15I1
2.928
8U3
I1.863
3I12
569
197
l,06ii
1126
1,532
6I15
302
l,lli6
.
16.735
1,693
23,18ll
21.712
.
559
5.099
158
2.300
10.ltl6
South Dakota.
Tennessee.
Texas
69
11,200
17.123
800
1,359
1.358
1.058
I16.300
15,7113
1.1178
7,5511
11,300
10.335
1.362
696
21.728
2.213
2.209
.
1,1131
8,935
I.55I1
.
3.093
1.575
3.
16,802
3.26U
2,723
13.100
1,718
1,589
PennsylTania.
Bhode Island.
South Carolina.
7711
2ll9
I1U3
5,100
6.000
10.528
1,231
1.555
2,689
3.791
20.2119
2.75I1
1.230
I9I*
5UI
356
52"*
19.585
1,580
«77
8,1132
1,1123
955
1,026
2.1150
10,233
1.078
2.105
1,0311
10.2to
656
72U
51U
31U
2.271
529
7.300
26,500
1.693
3.860
lO.loU
1,556
2,850
1.8311
li.7'i5
6,0l*8
1.352
3,955
13.201
23.2112
3,£*89
1.900
500
11,100
651
1,191
3.119
280
to9
2,297
287
273
2,957
1.277
1.368
7,200
1.032
198
255
1,267
2,130
3,6lU
ins
7,269
2,203
9.52«
569
9,32^1
1,0511
112
181
32li
99
I5U
1,157
U7U
2,08l*
99
300
1^ 000
800
100
263
100
2/
6,017
1,638
1,831
985
11.9I17
3.1192
716
291
l6l
2.790
180
to6
lUi
2U6
666
16U
1
31
122
15ll
72
55
3.0lt6
1.350
195
300
9,lHlt
U.621
-12.267
20. 36I1
-701
9,100
206.820
lto.529
526. 396
368.001
132.853
125.1159
I.6I15
7,588
2,668
16,799
1.>157
722
1.005
2,065
866
3.625
U16
1.U6U
70
W»7
10
100
13
10
37
255
18,300
-2.123
120,728
598,570
129,230
Ul»
13
38
1*7,
851
11.000
826
•37
69U
3,399
11,090
.
887
1.095
370
385
93. 399
9ev Hajnpshire.
Hew Jersey
Bew Mexico
Apr.
Jan.
5112
79,52li
71.I132
093
Sept.
1105
779
11,707
Au£.
1,539
532
1,082
"Ko
123
30.676
1U.U«6
1*5.
.
July
ttar
27
-111.
1.2711
2.215
1.506
30U
10.605
3g
Treasury Bulletin
Participation In Payroll Savings Plans for United States Savings Bonds i^
85
U
...
.
98
June 1944
7
39
Salee of Treasury Savings Notes^
-
(Continued)
Table 1.- Summary of Sales and Redemptions, by Series
-
(Continued)
(Par Taluas - In Billions of dollars)
Eedenptlona and exchange
7«ar
or month
71 seal
Amount
oatstandln^
end of
fiscal year
or month
ehan^
Het
during
fiscal 7«ar
or Bonth
Total
RocalTod
In psyvant
of taxei
1.107.0
3.072.1
1.087.1
2.933-3
19.9
70.6
t3-2
2.2
58lt.9
Jglt.O
.9
Redaened
for eaah
Xzchan^d
for
new aeries
2/
Series B k/
2.959.7
191*2
I3^i
+2,959.7
-2.195.0
It,
066.
877.1
-it5.lt
19l*3-May
761*.
June
July
Au^st
.
.
.
Septembar.
October .
November.
December.
.
-58«-9
711.0
687.9
3U8.6
-53-7
-23.2
-339.3
53.7
23.2
339.3
52.7
20.9
336.3
1.0
2.3
2.9
321.
-27.2
-IU.8
-178.0
27.?
1U.8
178.0
25.
1.6
306.6
128.6
-18.
109.7
101.3
U8.1
19UU-january.
February.
March
.
-8.U
-53.2
39-7
April
May
lit.
.8
171.
6.U
18
lit.
53
51.5
U.6
-1.2
1.7
9.
-SM
7.9
-5.6
S.lt
5
.2
68.2
•
Serlee C 5/
6,U61t.o
-f6,i*6l*.0
7,51*6.7
1,082.7
1.01*7-2
35-6
6.510.6
^ltl8-0
-It6.6
U7U.5
56.5
510.2
5l*-7
6,U6l*.o
1*97.5
1.8
12.8
September.
6,715-7
6,828.9
8.320.5
-*l,it9l.6
October.
November.
December.
8.611.3
8.797.0
8,302.0
9.233.0
10.071 .u
+931.
+838.
-1,086.
191*3
19lt3-May
June
July
Au^et
.
. .
.
.
19Wt-January
February.
March
. .
April
May
ce:
•
1/
2/
^
.
8, 981*.
162.3
100.2
768. U
lUg.l*
213-5
2,260.0
-290.
1*60.7
169.9
lit9.
H85.8
330.2
U36.S
lUlt.lt
106.
868,
1.216.1
1,017-1
238.1
285.1
178.7
1.325-0
299.7
145.1
312-9
185.0
+251-7
fll3.2
-1*95-0
8,971.3
8,931.1*
Dally Treasury Stateaenta.
Less than $50,000.
These notea were originally designed to help taxpayers set
aside funds with which to pay taxes and were known as Treasury
tax savings notes. Series A notes were designed for the small
and moderate taxpayer; series B and series C notes were Intended for the large taxpayer. Vhen the collection of taxes
throu^ withholding at the source commenced, the need for
series A tax savings notes disappeared and their sale was discontinued. Redemption provisions on series A notes wereVelaxed to provide for the payment of interest on notes thereSale of series C
after redeemed for cash (see footnote ^).
notes, which were designed for the Investment of idle oaah
reserves as well as for the accumulation of tax reserves, was
continued and the notes were designated Treasury savings notes.
Includes matured Treasury savings notes.
Series A notes, which were sold froa August 1. 19l*l through
June 22, 191*3, yield approximately 1.92 percent per annua.
Through June 22, 19U3. the notes could be redeemed for oaah
only at the original purobase price; since that data, the
notes have been redeemed for cash at the tax payment value
1*63.6
-13-2
-39-9
itlU.o
U/
5/
931-8
76.6
738.1*
25lt
13-9
23.7
30.0
20.0
37.7
62.9
132.
30.9
U5.8
1.275.5
lt9.6
27it.9
38.1
37.7
11*7.3
(See also footnote l/.)
current at the time of preeentation.
Prior to October U, I9U3, the maximum amount which could be
need in payment of each class of tax (Income, estate, or gift)
by each taxpayer during each taxable year was limited to
$5,000 par value: this limitation was removed as of that date.
Series B notes were sold from August 1, 191*1 through September
The
12, 191*2. to yield approximately .lt8 percent per annum.
SBOunt which may be turned in on taxes Is unlimited. The
purchase
notes Bay be redeemed for oaah only at the original
price.
Interest
notes went on sale September lU, 1942.
Series
aocruas eaoh month on a graduated scale (see "Treasury Bulletin"
for August 19^3, page U) to yield approximately 1.07 percent per
annum if held to maturity. These notes Bay bo used In payaent
of Federal taxes at any tims two months after the date of issue.
The iBount which Bay be turned in OB taxes Is unllBltsd. The
Botes aay be redeemed for caah six Booths after the date of
Issue at the tax payment value currant at the tlBe of presentation. Prior to July 27, 19^3, notloa of 3° days waa required
See also footnote 1/.
for oash redesptlon.
Treasury Bulletin
Ho
Sales of Treasury Savings Notes
-
(Continued)
Table 2.- Sales of Series C Notes, Classified by Denomination^
Tlscal year
or month
.
..
U
U
.
June 1944
7
ki
Sales of United States Savings Stamps
Table 1«- Sumnary of Sales and Redemptions
(In thousands of doIIarB)
Fiscal year
or month
igui 2/
15U1
H'^y
iQiip
ly""^
iiug. 19U1-JU110
19112.
Net chango
during
fiscal year
or month 1/
19l*3-May.
Sales
y
6.087
308,621
11*7.
57U
127,9118
18,1*68^/
590,258 1/
51*1*,
61*7
I17I1.168
70,U805/
oUs
52,683
''3.267
37.530
<i*5,e20 6/ 1/
9U3
-3,218
-11, lei
July
August.
September.
207,275
-6,075
-3.117
-2,705
30, 770
36.8U5
29.313
28,600
32,1130
October.
Noveober.
December.
197,91*2
202.1115
203,061t
.511
-^
"73
35.1*62
38.973
35.091
.61*9
1*3.585
.
20l*.906
1.81*2
?ebniary.
March
200,577
195,821
-1*,729
3"*.
-1'.755
April.
May...
196,1101*
582
198,1*07
1-2.003
I9I+I;- January.
20l*,158
201,1*53
1*0,
1/
2/
^
I
5.737
6U,ioU
31,306
9,71''
31.371
27,«27
27,098
5.
"7"
5.00I1
1*,207
12.6 1/
12.9 S/
100.0
100.0
86.7
eu.g
13-3
15.2
100.0
100.0
100.0
85.1
8U.6
86.6
1U.9
15.U
13.U
100.0
100.0
100.0
SU.l
81.3
78.9
15-?
81*.
''2,937
33.896
9,olio
993
35.610
39.322
30,027
33.625
5.582
5.698
1*0,029
kk. JSH
35. 78'i
9,000
100.0
100.0
100.0
35.717
35.l'l*
30, 71*8
28.
28.261
23.055
6,873
5.690
100.0
100.0
37.1*51
!^
7I15
2/
87.5
87.1
6.202
6.5U8
32.771
Cash
100.0
100.0
100.0
100.0
88,5113
39. 565
Dally Treasury Statements commencing November 1, 19l*2: prior
thereto. Post Office Department.
71gures for periods prior to November 1, 191*2 are not strictly
comparable with subseouent data because of the shift to a Dally
Stamps sold prior to October 1, 101*2
Treasury Statement basis.
were Icnown as postal savings stamps and were obligations of the
Postal Savings System but subseouently became public debt obligations.
Xstlmated on the basis of samples conducted by the Post Office
Department.
Sales and redemptions commence with May 1, 191*1 when the special
'ce;
2/
*5.1'«3
771
.
Cash
l6l,0ll8
J13.350
.
United Stetes
savings
bonds 2/
5.29U
221),
June.
Exchanged for
tJnlted States
savings
bonds 2/
Sxchanf;ed for
Total
166, 3U1
213.350
19''3
Percsntage distribution
of rsdemptlons
Bedemptlo^
Amoxuit
outstanding;
end of
fiscal year
or month 1/
18.
21.1
3
15.7
85.5
79-9
1''.5
80.1*
19.6
19.8
20.1
80.2
defense series of stamps vent on sale. The amount of the old series of
postal savings stainps outstanding on April JO, 19^1 was $150 thousands.
Details not available for May, June, and July 19''*1*
Includes minor amounts ^Ich vere exchanged for postal savings certificates.
These aggregated $123 thouBands for the oerlod August 1, 19^1
through June JO, igUS and $55 thousands for the period July 1, I9U2
through October Tl. 19U2.
Ket of sales lees redemptions. See footnote l/.
Does not include amounts transferred from Postal Savings System to the
Treasury to cover outstanding stamps.
Table 2.- Sales, Classified by Denomination
Percentage dietrlbutlon of sales
Sales in thousands of dollars
Fiscal year
or month
Denomination
Denomination
Total
all
-10)!
Uoo
25)i
50i
$1.00
$5.00
13.250
85I1
denominations
Id
25^
50<
$1.00
100.0
100.0
100.0
6.6
21.9
UU.2
5". 3
16.6
9.3
21.
53-1
8.9
18.6
10.2
12.2
67.1166
2,691
167,709
28,6ll*
126.327
m,691
52,508
1,110
31.583
71.693
1*0,01*8
9.701.
'*.57J*
l,ll29
2
52. ii
8.I1
ll,9ll2
6,803
2.151
100.0
100.0
21*.
10,571
20.983
28,257
3.358
52,68?
20.0
53.6
9."
July
August.
September.
30,77c
29,31X
28,606
5,1162
5.1109
6.56ii
15.783
15.361
15.053
2,990
2,803
U,l*25
2,110
1.550
1.192
100.0
100.0
100.0
17-7
51.1
18.
52.11
9-7
9.6
23.0
52.6
8.I1
October.
November.
December.
35. ''62
9.106
17,1*01*
26.
51.
22,129
100.0
100.0
100.0
U9.3
20. 330
11.235
2,708
1.359
1.997
25-7
10,1*1*3
2.556
2.987
3.187
3.599
39.565
«3. 585
25.8
37.'*51
''.993
11.150
10.511
19,072
17.799
20,227
2,51*1
3. ''85
2.363
3.132
1.371
'1.167
1,203
950
1.330
100.0
100.0
100.0
18,187
15.878
2.768
U,120
2.''37
3.72I1
1.183
1,122
100.0
100.0
6.087
308.621
590,26s
191*1.
191*2.
191*3
Total
all
denominations
•
19113-May.
June.
.
.
igUU- January.
February.
March.
.
April.
May...
.
.
s
029
11,171*
35.717
9.1*58
30,71*8
7,588
1.012
2,lll0
Dally Treasury Statements commencing
(1) Total sales:
November I, 191*2; prior thereto Post Office Department:
Based upon Post Office
(2) Distribution by denominations:
Department data.
U.190
3.382
Ii,iili6
5.038
26.0ll8
$5-00
lU.O
1:1
U.ll
12.9
lU.U
1U.3
11.8
U.2
50.8
10.2
11.2
11.5
It
29.8
30.0
27.9
50.9
50.9
50.6
9.6
lO.U
1.2
2.7
3-3
26.5
50.9
51.6
11. "i
12.1
3-3
3.7
2li.7
7.8
7.9
6.9
5.3
7.6
1^2
OWNERSHIP
OF
GOVERNMENT
Treasury Bulletin
SECURITIES
1944
Jtaie
'^3
Summary Distribution by Classee of Holders of Interest-Bearing Securities Issued
by United States Government and Guaranteed by United States
(In Blllloni of dollars)
Securities guaranteed by thited States 1/
Securities leaned by Thilted Statee OoTemoent
Distribution by classes of holders
Distribution by elaeses of holders
n. 3. OoTernment
U.
Total
SBd of flKal
year or month
afflonot
Prirate
inrestore
federal
EeserTe
Banks
8. Oovemmeut
a^DCles and
trust funds 2/
Total
amount
unmatured
outstanding
2/
outstanding
Iot»l
public
Bltd
special
IseuAe
Public
marketable
isaues
Public
Special
nonmarketable Issues
Issues
Public
marketable
issues
Total
public
Issuee
Public
marketable
leeues
agencies and
trust funds and
Federal Reserve
Banks 2/
Public
Public
marketnonmarketabli
able
issues
issues
Public
nonmarketable
isBuas
193't-
27.ft5
32.9«9
55.»P0
36.5t6
193919W).
igui.
19*219U3.
39.886
»2.376
1.288
1.629
I.9U5
3.221
I«.>t92
5,600
6.792
2.432
2.433
2.430
2.526
2,564
22.760
23,583
28,614
30.053
29.560
3.770
4,775
6,120
7.885
10,871
2,551
2,458
2,180
2.640
7.149
31.735
33,126
37.993
58.998
114,152
892
996
1.319
1,663
1.7T6
396
22,760
23,521
27,353
28,865
28.004
681
1/
Public
marketable
Issues
Public
nonmarketable
Issuee
y
y
193519361937.
1938-
Private
investors
150
362
531
3.761
3p
4.3''3
62
1,261
I.ISS
1.556
4,123
4,718
4,665
"•.853
363
325
4,302
4.528
2.151
3.166
4.554
13.507
29.193
5.450
5,498
6.360
4,549
4.092
286
287
273
286
170
115
5.164
5.211
6.087
4.263
3.738
68
71.968
135.3*0
10.330
llt.OSO
1.830
2,017
2.093
2. 442
3,202
19'*3-H«7--
13l».675
3.229
3.202
10.198
10,871
115.073
85,985
135.380
13.433
14,090
6.168
June.
7.1'*9
U4,152
W,959
29,088
29.193
4,082
4.092
281
170
100
115
3.627
3.738
74
68
July.
in«..
Sept.
1>I0,338
14,594
15.038
15,471
3.131
3.125
3.748
11.456
11.907
11,717
8,154
9.055
8,886
117.491
118,628
132.696
87.328
87.756
98.793
30.163
30.872
33.904
3.782
3.934
3.964
113
46
46
129
279
305
3.469
3.536
3.536
71
73
77
15.641
16, 047
16,493
3.766
3.762
3.783
11,868
12,278
12.703
9,303
10.272
11,460
138.644
138,462
136.555
102.875
101,874
99.988
35.769
36,588
36.567
4,113
4,154
4,225
62
88
340
376
437
3.520
3,495
190
195
205
16.653
17,210
17,563
3.773
4,oj4
4.047
12.873
13.168
13.507
11.985
11.545
12,111
138.405
152,95"
153,674
99.501
110.593
111.921
38.903
42.361
41.752
4.269
4.227
2.258
91
91
495
570
539
3.492
3.378
1.537
191
188
175
17.757
IS.lSlp
4,050
4.050P
13.216
14,247
152,4140
II:
110.174
I09.732p
42,265
U2.7l4p
2.258
1.529
586
176
1.497
1.183P
168
163
't«,5«7
lUz.tzi
157.053
161.589
Oct.
BOT.
Dee.
l6U.50g
19Wt-Jan.
l67,Ol»3
l6l»,781
181. 709
Mar.
183,348
Apr,
May.
I83.U13
igu.s?'*
10
lOp
I52,44€p
Dally Treasiiry Statements;
(1) Total aaounta outatondlng:
(2) Securities held "by tj. S. Government agencies and tmst funds;
reports of the agencies and accounts with the Treasury: (3) SecuFederal Heserve System.
rities held by lysderal RaBenre Banks:
2/
Preliminary.
Less than $500,000.
Ixcludee matured eecurltles. and obligations held by the Treasury.
Sxcludes Ixchan^ Stablllt&tloD Fund.
2/
87
7
3. '•95
The total amount of securities held by private investors Is calculated by deducting from the total anount of securities outstanding,
the securities held by TJ. 8. Oovernniont agencies and trust funds
and by Inderal Beserve BanksThe Reconstruction Unance Corporation notes, Series X-1. X-B, and
I-C, which are held entirely by United States Oovemment agenclea.
hove been claaalfled as no n- market able issues.
Treasury Bulletin
kU-
Estimated Ownership of Interest-Bearing Securities Issued or Guaranteed by the United States Uovernment
(Par values l/
Held
lad of
moatb
In 'billlonB of dollara)
-
banks
'by
Held by non-bank Investors
Total
amount
outstanding
Coaunerclal
if
banks
Federal
Reserve
1/
Banlcs
Individuals
Insurance
companies
it/
Mutual
sarlnga
banks
Other
corporations
and
associations
u.
State and
local
governments
i/
1/
5/
1939- D» "»'•'".
'»7.1
18.6
16.1
2-5
28.5
igito-juiw
U7.9
18.8
16.3
2-5
50.lt
19-7
17-5
2.2
22.1
20.0
23.8
December.
igUl-JUne
December
igltS-June
December.
19143-Jiine
December.
y
2/
1/
63.8
9.9
6.3
29.1
9-7
30.7
10.2
2.2
32.6
10.9
7.0
21.5
2.3
uo.o
13.5
8.0
3.7
3.9
s.
Government
agencies and
trust funds
3.1
2.1*
6.5
6.5
3-1
2.1*
7-1
6.9
3.2
7.6
2.1*
8.5
It.
9.5
76.5
28.8
26.2
2.6
lt7.7
17.9
8.9
111.6
1*7.1*
Ul.2
6.2
61*.
23.5
11.0
139.5
59.5
52.3
7.2
80.0
30.1
12.8
5-3
16.3
1-3
lt.3
16s. 7
71.5
60.0
11.5
97.2
36.9
11*.
6.1
20.7
2.0
16.9
United Stetee earlnge bonds are included at current redemption
values
Guaranteed securities held by the Treasury are excluded.
Consists of commercial and stock savings banks in the United States
and in territories and insular possessions.
Includes partnershipe, personal trust accounts, and unincorporated
5/
6/
2/
5.«
10.6
12.1
12.2
business.
Includes dealers and brokers.
Includes their agencies and their trust, sinking,
funds, and territories and insular oossessions.
Excludes Exchange Stabilization Fund.
and Investment
Net Market Purchases or Sales of Government Securities for Treasury Investment Accounts
^
(In millions of dollars)
Ret market purchases or sales (-)
Jan.
Mar.
Ipr.
May
July
1937-
lU.U
5-7
119.6
11.9
3-9
2l*.U
1938.
-12.0
-3.0
23-3
2.5
-U.9
.8
1939-
1.6
.1
-12.5
-37.1
igito.
-9-5
-20.9
-5-7
-1.6
.k
19U1.
-2.8
12.0
-.7
-.2
I9lt2.
-•5
30.0
5.8
-1U.5
-90.3
-72.9
.1*
-35-2
-9.9
-105.1
-11.5
-16.5
-10.0
191*3
•
191*1*.
•
1/
•
-1*0.
Sept.
Dec.
12.5
8.9
3-7
2.0
-15. u
-3-9
38.5
1.0
.u
6.5
3-3
71.9
-1.2
-2.8
-3-2
9
-3
-U.l*
-3
-1.1
.U
•
5.0
•
1*.8
3.0
.3
-2.3
-8.U
-lt-5
-1U5.8
-67.8
-15.8
-2-7
3
Less than $50,000.
Treasury inConsists of purchases or sales made by the Treasury.
vestment accounts comprise (1) trust funds which by law are under
the control of the Secretary of the Treasury or of the Treasurer of
the United States, and (2) accounts under the control of certain
Aug.
60.0
-5.0
U.8
S. Government agencies whose investments are handled through the
facilities of the Treasury Department.
This table alBo includes
purchases under Section 19 of the Second Liberty Bond let, as
amended, and excludes the Sxchange Stabilization Pond.
U.
.
June 1944
^5
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, April 30,
The following tables present auraraary data from the
April
30,
of
19'*-'*-,
United States.
the ownership
of
Treasury
securities Issued
or
1944
survey,
as of
guaranteed by
the
The banks and Insurance companies covered In the survey account
for approximately
95
percent
of
the
amounts
such securities held by
of
all
banks and Insurance companies In the United States.
Table I.- Analysis of (Xmershlp by Type of Security, by Call Classes,
and by Tax-Exempt Ion Provisions
PABT A - PAR VALUIS ID HILLIOHS OF DOIXABB
Pablle narksta^l* iDtereet-1>«arl&^ Becurltles 1/
Bald %7 banka and Insoranca compaoiaa
eoTared In Traaanry aurrey
Bald by
D.
Total
aaouBt
outstanding
Classlflcatlos
I
.
^
^^U Inaurance companlaa
7.179 l>anka
Total
7.933
laptltatlona
6.t05
coBBner-
clal
5U5
fira,
209
Ufa caaualty,
ineuranca and marina
companlaa Ineuranca
cospanioi
31
5»3
etook mutual
Baring! flarln^l
ban)ct
banka
S.
OoTemmant
a^nciea
and trust
funds, and
federal
Raeerre
Banka g/
Bald by
all
other
InTeetore
type of saeurlty
Sacurltlaa leeuad
^
QBltad Stataa
Traaanry billa
13.150
it,ii»9
"•,137
9
3
3
7.653
Cartlflcatae of indabtadjiaaa
25,306
13.66*
12.953
26
171
518
269
2U9
3.057
8.581
Treaaury aotaa
16.263
12.057
11. '•73
13
271
300
l'»7
153
1.232
2.97U
Treaaury bonda
72,526
50.H25
29.267
23l»
6.207
l'».718
12.981
1.737
5.287
l6.81>^
196
15
1'^
1
•
•
3H
1.503
1.092
998
81
68
13
12S,9>|lt
81,lH37
58.8^3
27'»
6.670
15,620
13. '•65
2,15'»
17.270
30.267
•5,850
22,309
21.311
28
2';6
72lt
395
329
11.319
12.222
23. SI"*
17,862
13,681
21
eu2
1.518
1.088
"•31
1.696
3.956
3 to 10 years
30.015
23.117
17.328
59
2,306
3,22l^
2.582
6U1
1,'^11
5, '•87
10 to 13 yaara
lO.UjU
6,62lt
2.736
99
i,'^92
2.298
1.876
•122
75'*
3.076
k,kzi
69lt
26
73'*
2.973
2.785
188
579
1,'»79
12,603
7.0lt8
886
he
1.250
'•,870
It.
728
l'^2
1.509
'•,046
23
20
128,9U1»
81. '•07
2.15'»
17,270
30.267
1.3'^3
8>>3
Other boada
QoaraBtead laanaa
^
Total
1.3'^7
l'*7
'»>•
II. By call clasaea
Coa or flrat bacoaln^ callable
vithln 1 yvar
1 to 3
yea^e
13 to ao yaara
Orar 20 years
federal Houaiac Adalnlatratloa debentures
Total
58.8U3
nk
6,670
12
12
15,620
I3.U63
III. By tax-ezanptlon prorlsioas
Wholly ezaiq)t from ftderal Ineoae
taxaa H/
Partially axaapt froa Mdaral Ineoaa
taxes 5/
,
92
*.299
16,971
13.327
115
537
2.991
1.981
1,011
2,395
it,93U
Subject to federal Inooae taxaa
103,302
6U,193
••5.293
158
6,133
12.608
ll,U83
1,126
l'^,78'»
2'^.325
Total
128.9'»U
81. '•07
58,8H3
27'»
6,670
15,620
13>65
2,13l>
17,270
30.267
(COBtlnusd on follovlag
pa^)
1+6
Treasury Bulletin
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, April 30, 1944 - (Continued)
Table I.- Analysis of Omershlp by Type of Security, by Call Classes,
and by Tax-Exempt ion Provisions - (Continued)
PARI B - PERCENTAaE DISTRIBUTION BY CLABSE8 OF SEOURITIEB
Clasalflcatlon
Jtme 1944
^7
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, April 30, 1944 - (Continued)
Table II.- Distribution of Ownership for Each Issue Outstanding
(A>r
Issaa. el&«tlfi«d bj
t&z-exenptlon proTlslon
Talus
- la allll«n> of
doUari)
Treasury Bulletin
4«
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, April 30, 1944 - (Continued)
Table II.- Distribution of Ownership for Each Issue Outstanding
-
(Continued)
June 1944
PRICES
"+9
AND
YIELDS
OF
GOVERNMENT
SECURITIES
(Including securities issued by Federal agencies)
50
Treasury Bulletin
Over-the-Ck)unter Closing Quotations on Public Marketable Securities Issued by the
United States Government and by Federal Agencies
May 31, 1944
Table I.- Securities Issued or Guaranteed by the United States Government
PARI A - tAXABLI BOXDB, N0TI6, AKD CCRTIFIOATES
out-
itudloc
(Kllllonl)
June 1944
51
Over-the-Counter Closing Quotations on Public Marketable Securities Issued by the
United States Government and by Federal Agencies
May 31, 1944 - (Continued)
Table 1.- Securities Issued or Guaranteed by the United States Government - (Continued)
PARI
Affloont
out-
ttudlng
(Mllllong)
-
IAX-SXQU>T BONDS AND NOTES
52
Treasury Bulletin
Over-the-Counter Closing Quotations on Public Marketable Securities Issued by the
United States Government and by Federal Agencies
May 31, 1944 - (Continued)
Table II.
Junonst
out-
tandlo^
(Mllliong)
-
Securities Issued by Federal Agencies but not Guaranteed by the United States
mne 1944
53
YIELDS
OF TREASURY SECURITIES
Based on
46
48
50
'52
Mean
54
MAY
31,
of Closini^ Bid and Asked Quotations
56
60
58
62
64
66
1944
68
70
PERCENT
2.40
.Wholly Tax-Exempt Notes and Partially
Tax-Exempt Bonds
2.20
2.00
Available to all investors:
X A/otes
• Callable bonds
O Fixed maturity bonds
64
Explanation:
The points represent yields to call dote when prices are above par,
the various classes ot points are fitted by eye Issues for which on
months ore excluded.
66
•68
70
•72
and to maturity date wtten prices ore at par or below. The smooth curves for
exchange offer has been mode or which are due or callable in less than 3
Treasury Bulletin
5*^
AveraKe Yields of Long-Term Treasury and Corporate Bonds
(Percent per annum)
Partially
tfli-ezempt
Treasury
bonds 1/
Monthly Series
1939-Jan.
Feb..
Mar..
2.81
2.78
2.73
ipr..
May..
June.
2.70
2.68
2.69
.2U
.22
July.
Aug.
Sept.
2.68
2.6U
2.65
.18
Oct..
Nov..
2.68
2.60
2.59
.ll<
Dec.
1937-Jan..
Feb..
Mar..
2.56
2.5U
2.66
.09
.2k
.36
Apr..
Ha;..
June.
2.83
2.80
2.81
.36
.31
July.
Aug..
Sept.
2.78
2.78
2.82
Oct..
KOT..
2.82
2.78
2.73
1936-J«n.
Dttc..
.
.26
.21*
.19
.18
.15
.11
.07
•
27
.26
.26
.22
.17
^
2.51
2.U3
2.96
2.90
2.87
191*2- Jan..
Feb.
Mar..
Feb.
Mar..
2.10
2.17
2.10
^r..
2.38
2.27
2.22
2.92
2.86
2.78
Apr..
May..
June.
2.07
2. 06
2.OU
2.1*1*
May..
June.
2.1*3
2.77
2.76
2.75
July.
Aug.
Sept.
2.23
2.27
2.67
2.76
July.
Aug..
Sept.
2.01*
Oct.
Nov..
2.60
Oct..
Not..
2.1*5
2.lt6
Dec.
2-35
Dec.
2.U9
2.5'*
.
.
.
2.30
2.32
2.26
2.81
2.79
2.77
Apr..
May..
June.
2.26
2.39
2.U0
2.71*
July.
Aug.
Sept.
2.30
2.31
2.25
2.85
2.80
2.71
Oct..
Not..
Dec.
2.21
2.09
2.01
2.70
2.65
2.59
igUl-Jan.
Fob..
Mar..
2.12
2.22
2.12
2.57
2.71
2.73
igltU-Jan.
Feb.
2.07
Apr.
May.
2.87
2.93
2.69
2.68
2.68
Apr..
May..
June.
2.66
2.56
2.58
-.11
15
Apr.
May..
June.
2.01
2.76
2.75
2.70
July.
Aug.
Sept.
2.58
2.57
2.63
.12
.10
.12
July.
Aug..
Sept.
1.98
2.01
2.02
2.66
2.65
2.6U
Oct..
Nov..
2.55
2.56
2.56
.06
.OU
.02
Oct.
Not..
Dec.
1.98
1.95
2. 06
.
Dec.
xi
2.01*
.
2.3U
2.3U
k.
11.
18.
21*.
31.
191*1*- Jan.
1-95
1.95
1-95
1.95
1.96
2.1*9
2.62
2.62
2.63
2.1*9
2.61*
2.1*9
2.65
2.1*9
2.1*9
8.
I.9I*
2.1*9
2.62
15.
22.
1-95
1-95
1.95
2.1*9
2.61*
2.1*9
2.65
2.67
1.96
1.95
1-95
2.1*9
1.95
1.95
1.95
2.1*9
5.
6.
8.
1.95
2.1*9
9.
I.9I*
2.1*9
2.1*9
29.
2.1*9
19l*l*-FBlj.
Mar.
5.
1.95
2.1*9
11.
I.9I*
2.1*9
1.92
1.90
2.1*95/
26.
1.89
1.90
1.91
1.93
2.1*9
1*.
11.
18.
25.
2.1*9
1.
2.
3.
I*.
10.
1.95
2.1*9
2.1*9
2.1*9
2.1*9
2.60
2.61
2.60
2.60
2.60
2.59
2.59
2.59
2.59
19l*l*_May.
11.
12.
13.
1-95
1.95
1.95
2.66
2.66
2.65
2.65
2.1*9
2.1*8
2.61*
2.U8
2.62'
2.1*9
2.1*9
2.1*9
16.
17.
18.
1920.
2.1*9
2.1*9
2.1*9
2.1*9
2.1*9
2.1*5
2.76
2.80
2.80
2.1*6
2.71*
2.U7
2
2.1*6
2-73
2.73
2.1*7
2.72
2.71
2.72
Feb..
Mar..
2.11
2.11
2.12
Apr..
May..
June.
2.05
1.96
1.91
2.1*8
2.1*5
2.68
2.65
2.63
July.
1.91
1.92
1.90
2.1*5
2.
2.U6
2.
2.1*8
2.
Oct..
Nov..
1.90
2.U8
2.
1.91*
2.1*8
2,
Dec.
1.95
2.1*9
2,
1.95
1-93
1.91
2.1*9
2.U9
2.65
2.65
2.1*8
2.61*
1.91*
2.ita
1.9U
2.1*9
2.61
2.58
1.
I.9I*
2.1*8
8.
1-93
1.93
1.93
1.96
2.1*8
1-95
1.95
2.1*9
1.91*
2.1*9
1.91*
2.1*9
19113-Jan.
A<lg.
Sept.
Mar.
2.1*6
2.U6
2.1*8
2.U6
2.70
2.68
2.70
J*/
2.66
2.6U
2.1*9
2.1*6
2
19l*l*-Apr.-
15.
22.
29.
May
6.
1320.
27.
Dally Series
19l*l*-H«y
2.1*8
2.1*8
2.61
2.57
2.68
2. 117
Weekly Series - Saturday Figures
19U3-Dec.
.
Feb..
Mar..
igllO-Jan.
19 38- Jan.
Feb..
Mar..
.17
Partially
HighTaxable
tax-exempt
grade
Treasury
Treasury
corporate
bonds 1/
bonds ly
bonds 2/
Partially
HighTaxable
tax-exempt
grade
Treasury
Treasury
corporate
bonds ly bonds 1/ bonds 2j
HighTaxable
grade
Treasury
corporate
bonds If
bonds 2j
2.59
2.59
2.59
2.58
2.59
2.59
2.57
2-57
2.57
19ltl*-May
22.
23.
2U.
26.
27.
29.
30.
31.
1.91*
2.1*8
2.1*8
2.1*9
2.1*9
2.61
2.62
2.62
2.60
2. 60
2.59
2.59
2-57
2-57
June 1944
O
o
m
UJ
o
ir
o
o
>q:
<
S
LiJ
(V-
OJ
w
c
o
UJ
II
Ll_
55
56
Treasury Bulletin
GOVERNMENTAL CORPORATIONS AND CREDIT
AGENCIES OF THE UNITED STATES
2
U
8
2
6
June 1944
57
Assets and Liabilities of Government Corporations and Credit Agencies
April 30, 1944
(In mllllona of doll&rt)
Intera^ao7 aaseta
InreatmentB
Preferred
capital
itock,
Corporation or agency
Export -iBport Bank of Washington.
Farm Credit Administration
Farm Security Administration
Federal Crop Insurance Corporation....
Federal Deposit Insurance Corporation.
Federal Farm Hortgage Corporation
Federal home loan banks
Federal Housing Administration....
Federal Intermediate credit hanks.
Federal land hanks 6/
Federal National Mortgage Aseociation.
Federal Prison Industries, Inc
Federal Puhllc Housing Authority
Federal Savings and Loan Insurance
Corporation
Federal Security Agency - student var
loans 2/
Federal Vorks Agency;
Public Works Administration
War Public Works- community facilities
Home Ovners' Loan Corporation
Inland Watervays Corporation Jj
Interior Department (Indian loans).
Panama fiallroad Company Jj
Production credit corporations
Puerto Eico Beconstmctlon Administration
Reconstruction Finance Corporation 8/..
Regional agricultural credit corporations
BFC Mortgage Company, The
Rural Slectrlflcatlon Administration.
Tennessee Valley Authority
252.0
1,781.8
20.7
277-3
U21.1
5IU.I
ip.u
rru.i
1.072.9
293.5
138.8
385-3
S.
Oorem-
1/
ment
Becurltles
etc.
Banks for cooperatlree
Conmodlty Credit Corporation.
Disaster Loan Corporation....
U.
Cash
170.9
23.6
Moo.
2-3
it.l
Capital
Real 6fl- Due from
Ace oust
stock and
tata and
OoTernand other
paid-in
oth«r
ment
recelTahlee bUBlness
surplus of
corporai/
property tions and OoTernraent
corporaa^nclet
tions
Securities
guaranteed by
Hnlted
State*
1-5
33-8
6llt.6lt/
16.9^
217.2
233.1
.3
8.3
lt07.6
375-5
5-6
17-7
17-1
82.6
2lt.7
301.6
26.lt
687.8
270-0
.2
20-7
20.2
185.1
69.0
36.0
237-2
177.6
363.9
1.887-5
63.7
19.7
1.273-7
61.3
36.lt
553-3
319.6
36.7
7.2
.8
1UU.8
lt9.2
15.0
9
6-3
8. It
.6
15-5
57-5
6lt.5
lo.iiq/
71.8
6.3
17-0
.6
8-9
150. U
3.1
72.1*
It.
72.lt
lt.2
1.679-9
2k.k
1, 260.lt
2.9
ge.9
123-1
2.9
9.905.9
(M.k
6.6
l.355.t
20.6
12't.l
36it.2
109.9
3U9-6
22.
I16.5
.u
322.1
lUj.O
U3.3
718.8
lit.
Tennesaee 7alley Associated CooperatlTes,
Inc.
Wj
-3
.2
United States Maritime Commission
War corporations and actlrities (World
War I) 11/
7,978.2
lU.l
War corporations (World War II) 12/.
War Shipping Administration
9.089-9
1,326.8
206.9
Other GoTemment agencies 13/-
11,901.5
25.2
t.7
Cross total.
52.102-0
7.303-8
37^-5
Adjustment to eliminate interagency
interests
120.6
It.
-20.654.8
3-0
158.7
2-7
517-6
1,567.0
593-9
597.3
Other
assets
Treasury Bulletin
58
Assets and Liabilities of Government Corporations and Credit Agencies
April 30, 1944 - (Continued)
(In mllllonB of dollare)
Liabilities and reaerTea
Proprietary Interest
llabllitlet
Corporation or agency
Total
i.giti.o
^
Federal Crop Insurance Corporation
Federal Deposit Insurance Corporation....
Pederal Pann Mortgage Corporation........
Federal home loan banks
Pederal Housing Adnlnlstration
Pederal intencedlate credit banks
Federal land banks 6/
Federal Hational Mortgage Association....
Federal Prison Industries, Inc
Pederal Public Housing Authority
Pederal Savings and Loan Insurance
Corporation
Pederal Security Agency - student war
loans 2/
Pederal Works Agency;
Public Works Administration
War Public Works- community facilities
Home Owners' Loan Corporation
Inland Waterways Corporation jj
Interior Department (Indian loans).......
Panama Railroad Company jJ
Production credit corporations
Puerto Pico Reconstruction Administration
Reconstruction Plnance Corporation 8/....
Regional agricultural credit corporations
RFC Mortgage Company, The
Rural Electrification Administration
Tennessee Valley Authority
-
Hot
guaranteed
by United
States
Treasury
575-9
ltU6.6
.1
.1
81.9
20U.0
187.3
25.1*
11.5
U8U.8
962-9
Due to GoTermient
corporations and
Beagencies
serres
13.6
"10.2
Banks for cooperatives
Coonodity Credit Corporation
Disaster Loan Corporation
Export-Import Bank of Vasbington
Para Credit Adjninlstration
Fans Security Adnlnlstratlon
guaranteed
by United
States
( Includes
accrued
interest)
Owned by United States lU/
902.9
7I1.9
Other
25.5
1.1
.2
15.1"
"§
91.0
1U,6
7.6
195.'*
217.1
326.8
217.1
326.8
1*70.2
.6
91.0
8.7
295-3
1.1*18.9
l,3lM3.6
-7
U9.9
1.6
1*8.2
.6
.6
23-1
205.0
-159.2
20.6
195-"*
295.'»
32.0
6.8
7.0
7-0
706.6
211.8
-159-2
20.6
Capital
stock
161.8
.1
151.9
Xxcess
of
assets
Pri(Total vately
proprie- owned
tary interest)
96.2
.2
.1
77.6
3.9
289.3
110.1
202.5
106.8
89.9
U68.6
13-9
19.1
139-3
3.9
150.0
UO.l
Surplus
28.0
177.0
100.0 •259-2
21*.
-3.1*
175.0
20.1*
1*0.0
-36.1
150.0
100.0
10.1
77-8
12U.7
106.8
89-9
121*. 7
60.0
29-9
211.1*
257.2
13.9
19.1
120.1
10.0
137-1
3-9
lU.l*
"105,8
,1
l'»7-5
1U7.5
1.0
1U6.5
2.U
2.U
1U8.0
lUs.o
100.0
1|8.0
.1
3-3
3.3
72.1*
1,612.8
1.2
9U1.U
28.0
6.1*
399.2
613.2
k.S
72.U
U.2
30.1
67.1
23.1
67.1
23-1
i»,i*
5i».9
.3
122.8
122.8
22.1*
22.1*
707.6
62.2
707.6
62.2
325-0
UU.5
382.62/
25.0
3-2
.9
2.9
llt.O
9-t
•3
•
9.19S.3
2.2
592-6 2/
660.2 2/
1.9
7,768.6
17-3
United States Maritime Commieslon
War corporations and activities (World
War I) U/
1.372.7
l.3't7-7
War corporations (world War II) 12/
War Shipping Administration
9.825-5
677.1
125.0
.3
U.8
95-9
231.3
80. U
51-9
56-9
-.1
200.0 132-9
11.1
12.0
2.9
51*.
91-1
231-3
1-7
28.2
132.9
28.2
132.9
".5
638.1*
638.1*
.3
.3
1-7
23-3
6,605.5
6.605.5
l*.6
i*.6
-735-7
6U9.7
-735-7
11.677.9
11,677-9
7.0
115.0
1*7.9
7-8
17.7
Tennessee Valley Associated Cooperatives,
Inc.
10/
Other Government agencies 13/
arose total
Adjustment to eliminate Interagency
Interests
net total
Source:
2/
.1
.1
,716.6
1,107-6
U08.6
.1*
223.6
223.6
29, 51*5.
2,2gU,9
s.giu-s
-20,017.0
9.528-3
10,1*1*7.5
-10,1*1*7.5
2, 281*.
ment.
Includes the aeaets and liaMlltiei of the Federal Land Banks of
LouisTille and Houston which have retired stock and paid-in surplus
previously held hy the Federal OoTernfflent.
Piguree shown are as of March }1, ISkk, the latest available.
Includes the Slectrie Hooe and Farm Authority which was transferred
for purposes of licpildatlon to the Eeconatructlon Finance Corporatlon by Executive order effective October 31. 19^*2Adjusted for interagency items and items in transit.
9,569-6 1,329-0 22.556.7
-9.569-6
10/
U/
12/
\3/
ikf
25-3
-23.9
186.8 937.9
61*9-7
U35.2
'35-2
t.7
22.121.5 2,127.2 l*«5-0
-637.7
-637.7
1,329.0 21,918.9
5.91''-5
Daily Treaoiiry Statement.
Leee than $50,000.
Excludes unexpended toelances of appropriated fucde.
Includes depoalta with the Reconetructlon finance Corporation and
Interest thereon.
Includes real estate and other property held for saleIncludes Interagency transactions of "lend-lease" funds.
Includes commodities acquired pursuant to guaranty purchase a^ee-
1-3
268.1
.3
636.7
21.1*83.7 1,1*90.5
-1*86.0
Figures shown are as of February 29, I9UU, the latest available.
Comprises Kavy Department (sale of turplus supplies). U. S. Housing
Corporation, U. S. Railroad Administration and U. S. Spruce Production Corporation.
Comprises Cargoes, Inc., Defense Homes Corporation, Defense Plant
Corporation, Defense Supplies Corporation. Institute of InterAmerican ilffalrs. Institute of Inter-American Transportation, InterAmerloan Educational Foundation, Inc., Inter-Amerloan Navigation
Corporation, Metals Reserve Company, Petroleum Raoerves Corporation,
Rubber Development Corporation, Rubber Reserve Company, Smaller Wer
Plants Corporation. U. S. Commercial Company and War Damage Corporation.
Comprises Treasury Department and other Oovernment agencies not
listed in this statement.
Excludes the interest of the United States represented by obligations held by the Treasury.
June 1944
59
Sources of Funde of Certain Government Corporations and Credit Agencies
for the First Ten Months, Fiscal Year 1944
Oorporaklom mr mt9^rj
60
Treasury Bulletin
Uses of Funds of Certain Government Corporations and Credit Agencies
for the First Ten Months, Fiscal Year 1944
Corporation or a^enoy
June 1944
61
Sources of Funds of Certain Government Corporations and Credit Agencies
from Inception of Organization through April 30, 1944
Corporation or
a^ncy
Treasury Bulletin
62
Usee of Funds of Certain Government Corporations and Credit Agencies
from Inception of Organization tiirough April 30, 1944
Expenaee
Corporation or e^ncy
AdminlstratlTe
Nonadjninla-
tratlTS
Central Bank for CooperatlTes
$
Commodity Credit Corporation
$ 7.00l*,536,o6o
Disaster Loan Corporation
U, 081, 651
Export-Import Bank of Washington
1,136,023
Federal Deposit Insiirance Corporation
Federal Farm Mortgage Corporation
Federal home loan hanks
Federal National Mortgage Association
Federal Public Housing Authority
Federal Savings and Loan Insurance Corporation.
Retirement of
obligations
Issued In
exchange for
mortgaces 1/
Porchase and
ImproTement of
property
owned
$
122,693
30,517.018
23.01*1*
29l*,62l*,236
3lt.git2,395
203,61*6,292
100,537.509
21,150,1*23
13.183,055
1,112,165,250
1.179,008,839
5,5U2,9i6
5,91*8.675
25,lSl,8iiO
8.37l*.l03
2,219,987
660,638.267
2.57l*,9¥t,8g5
121*.
271.39l*,720
81,753,1*1*2
1,178.31*7,663
109
Home Owners' Loan Corporation
21*6,31*7.539
171.586,501
11*9.917.980
3.275.21*7.530
Reconstruction Finance Corporation 2/
109,630,602
13.637.1*96
1*63.51*7
g.239,68i*,2l*5
6,770,105
5.1*51.705
9.709.969
301,950,039
10,011.021*. 988,
RFC Mortgage Company, The
Rural Electrification Administration
19.91*9,089
War corporations
25.709.119
285.713.373
$6x6,372,877
$1*90,981,699
J*/
Total
Corporation or agency
$1,577,083,125 2/
383.966,387
$17,278,556.1*09
332,358.11*6
$20,038,1*93.517
$1,577,083,125
)ittie
1944
63
INTERNAL
REVENUE
STATISTICS
Treasury Bulletin
6k
Sunmary of Internal Revenue Collectlone 1/
(In thousande of dollare)
IbploTineDt taxes
Income and proflti tajcea
^
Social Security taxes
7lEcal year
or month
Individual
2/
193't
1935
1936
1937
1938
2,672,239
3,281,792
819. 656
1.105.788
Ul9,509
527.113
3.'»9'».330
U, 6311,308
1,1*27,
1*1*5
671*. 1*16
2.179.828
2.629,016
1.091.71*1
2.185,105
2.129.606
1,028,831*
3.1*71,122
1.1*17. 655
8.006,880
16,298,876
3.262,800
6,629.932
5,6U3,83li
5.162.355
5.322.768
7,351.531
13.029,912
22.368.713
1939
igito
19U1
19'»2
19't3
l,36U,980
19'*3-M»y
June
It,
383,1(20
1*,
1,286,312
687, 1*59
9.5«lt.703
1.186
873.819
511.977
715
3l'7!376
10,21*7
2.871*
ll*,676
115,826
263,723
27,863
109.533
222,363
U.8U6
1.1*1*7
298,726
2,132.387
8,51*7
2,91*9
937
32.813
23.977
8,713
15.717
U.832
11U.661
108,1*05
5,1*86
770
21*2.827
38.1*50
207,051
8,339
1,086
27.1*37
1,1*96
6,202
5,205
28,012
122,183
317,390
81*, 530
199. 81*8
36,859
97.336
79U
20,206
1*9,590
3,1*81*
3.01*9
1*3,057
12.250
9.753
97,605
303.859
1.581*.
390
.039,535
3.133.366
5,808.888
2,1*76.722
075.328
538,653
396,189
5,358,106
,9llt,l38
3, 1*15.956
3,330,1*35
J. 076, 173
2,809,003
2.289,328
2.21*3.793
1.859. 230
552.960
813.577
778
2,01*1*,
1*20,31*5
Ml scellaneoua
Capital
stock
tax
1,1*81,160
1,61*9.782
2,001*, 51 1*
80. 168
91. 508
2,188,735
2,272.158
137,1*99
139,31*9
1939
2,236,821
191*0
191*1
2,359,61*1
2, 951*, 553
191*2
3,837,670
11,571,132
127,203
132.739
166.653
281,900
328.795
372.593
329.179
July
August.
September.
October.
November
December.
I9l*3-M«y
June
.
.
.
.
19l*l*_january.
.
February.
March
April
Key
Source;
1/
2/
^
Estate
and
gift
taxes
1*.602
1,891*
ll.OSU
38,060
Intem&l revenue
Alcoholic
beveri^e
113,138
212,112
258.911
378.81)0
305,51*8
505.21*3
Tobacco
taxes
1*25.169
1*58,776
Stamp
tazas
Manufacturers' and
retailers
excise
taxes
macellaneous
390.038
11*7.156
371, U23
31*2.275
379.51*0
526,222
62,323
1*1*9.851*
U16.75I*
360,715
360,071
587,605
579,781*
1*1,083
396.891
11*3,5110
621*. 06 1*
1*1*7,1*96
.1*23.1*81
1*5,155
617.373
852.069
670.015
206.831
1*32,51*0
38.681
39.057
1*1 702
11*8.926
819,869
,0Us,l65
608,072
697,712
780,792
923.857
1*1*7.088
1*07,058
193
365
U6,2l*0
109,271*
60.1*39
115.231
71.339
79,821
5,127
28.672
''.993
39.195
79.981
60,902
651,617
591*, 917
393,60s
135.61*5
1*7,910
86,771
89.965
U.021
U.510
192,611*
2l*,Sl*7
28,012
125.168
128,869
117,315
59.1*88
187.876
31*. 636
86.351*
3.81*1
55.538
52.751
103.312
70,699
1*21.328
20,063
366
1*0,718
122,371*
117,303
3,931*
58,568
56,156
36.1*J*3
120,191*
90.013
93.058
87.101
85,653
253
-1*2
3,999
61*, 391*
107,886
108,395
123.999
'*.275
1*,122
l*,586
68,029
62,6U«
58,720
72,269
57,923
76,697
169.331*
182.31*5
71,893
80,868
1*,800
1*,321
51,297
76.663
70,208
96,775
381,913
59
52,181*
339,251*
1*01,192
21*7
38.1*1*9
1*72
60.36I*
193
152
56,102
1*23,827
1*82, 9 S6
1*1.862
Heporta of collections.
Excludes collections for credit to certain trust accounts for
territories and Insular possessions, etc. (except for the fiscal years 1929 through 1931*, when they aggregated less than $1
million a year)
Includes victory tax collections and collections under the
Current Tax Paynent Act of 191*3Excess profits tax imposed under the Second Revenue Act of
191*0. as amended.
U/
^
6/
77.211
67.1*70
taxes
1*3.133
68 .990
69.919
31*.
adjustment
66,580
1*6.233
1*10,926
A^lcultural
i/
500,786
551,923
567,777
1*16,871*
35,868
715
593.831
567.670
91*. 91*3
29,750
23.968
91,109
251*.
91,052
76.172
80,161
117,501
375,552
388.293
170,1*09
211,151
9,01*7
2,088.1*86
191*3
1,131,55*6
2.593
2,1*10,218
1935
1936
1937
1938
1,1*98,705
137,871
200,111*
175,565
1931*
gl*.2l*l
101.167
106.123
100.658
119,617
156,008
27,71*7
307.579
fiscal year
or month
529.835
605,350
687,327
895,336
238,910
5l>«,l*li*
April
Hay
71*0,1*29
833,521
925.856
1,185.362
7,362
11*7. 551*
.
33.71*0
?7.010
37.172
56.621
2,91*3
,086.1*51
.
109,1*27
122,01*8
1*8
239.127
1.61*3.578
1.1*70.850
1*. 590, 615
February
March
287
11*9, U76
2,205,581*
2,179.567
2,089.229
5,017,358
igliU-Janusry.
58,119
90.267
511,1*07
Octol)er.
.
207.339
502.917
1,813.5W
1,231,1*1*2
.
265.71*5
71*2,660
026.1*91*
U, 191.
November
December.
1*8
31.178
753, '•77
1,998,885
1,672,217
.
ll*,509
1*2,786
1*,
U, 613. 21*9
.
Carriers'
Taxing Act
of 1937
2,631
6.56c
1.122,531
1.120.579
2,016,295
982,017
Federal
Tederal
Insurance
Unemp loyicsnt
Contributions
Tax Act
let (01d-a«e (Unemployment
Insurance)
Insurance)
tajies U/
397.516
572,115
738.520
1,056.909
1,299.918
September.
July
Axigust.
Mlacellanaous
profits
Corporation
Income and
excetB
profits 2/
,
3,939
1*00.
501
732.333
70,1*82
76,201*
76,351*
Consists of the declared val.^ excess profits tax, the profit
limiting provisions of the Vinson Act, and the tax on uixjust
enri chment
For the period prior to September 1939 the data in the columns entitled Federal Insurance Contributions Act and Federal
Unemployment Tax Act represent collections under Titles Vlir
and IX. respectively, of the Social Security Act.
Includes tax collections under the Sugar Act of 1937 end un-.
der the dividends tax imposed by the Act of June 16. 1953-
1944
Jane
65
COLLECTIONS OF INTERNAL REVENUE
f/sca/ Years 1929 to
DOLLARS
Biiii°"«
17
2
Individual
income
First II
Months Fiscal Vear 1944
DOLLARS
DOLLARS
Billions
1943
Total
Billions
Treasury Bulletin
66
Detailed Analysis of Current Internal Revenue Collections!/
(
U
rirat
Sonroat of raraaoa
Hay
191*
riaoal
yaar
19*3
19>>2)
Other:
Correat 2/
Back
Total ladlrldaal Inoeae taxaa
.
183
aoatka
rirst 11 BSBtha
Boaroat of ravaova
riaeal
7aaT
19"*
Hay
riaeal
19>)it
T—T
riaeal
year
19'»3
19'tli
Mlsosllaaaoaa latsrnal rerenue (coatiaaed):
Incoae aad profit* taxaa:
iBdlTldaal:
Vlthhald by eaployara (Corraat Tax Fayaant
Act of 19>t3) 2/
l.5W».52J
Tletory tax (RaTaana Act ef
In thottsanda of dollars)
7.000.373
681,3l»g
309. o«u 3.970,687
I6».3't9
78't,903
9.009,237
177.593
StaBp taxee:
Bonds, Lscws of capital ateok, deeds of
conveyance, etc
Transfers of capital stock aad slallar
Interest eales
Playing cards
SllTsr bullion sales or transfere
Total staap taxss.
2.356
19.605
23,81*0
1.3Wi
617
U
13.398
7.050
110
15,658
6,805
U6
U,321
1*0
.163
U6.3U9
1,859.230 lt.gl6,3gU 16,972.106
NaBUfaetursrs and retailers' exdee taxes:
Lubricating oils
Qasol Ine
Tires aad tubee
rioor taxes en tires and tuhee
AutoBobile trucks and busss
Other auteaobiles and aotorcyclos
Parts and accsssorlss for auteaobiles
Electrical energy
Hectrlc. gas. and oil appliances
Electric light bulbs and tubes
Hectrlc signs (repealed aa of ll/l/lld)...
Radio sets, phonogri^hs. ce^oaeats, ate,.
Phenegraph records
Musical instruBsnts
Mechanical refrigerators, alr-condltioaers
etc
Matches
rioor taxes on Batches
Business end etore aachlnas
rurs - retailers' excise
Jewelry - retailers' sxclse
Luggage - retailers' exclee (effeetlTe
k/l/Vt)
Luggage - aanuf acMt«rs exclss (suspended
aa of U/l/Wt)
Optical equipaent (repealed as ef II/I/H2)
Photographic apparatue
Rubber articles (repealed as of 11/1/1*2).,
Sporting goods
Toilet preparations - retsllere' excise...
Washli^ aachlnas (repealed as of 11/1/1*2).
rireaiBS. shells and cartridges
Pistols and rsvolvers
Repealed taxee not listed abore
'
Corporation:
Incoae taxee:
Cnrrent
Back
^
86.028 3.167.299
22.669
351.19'*
3.719.18U
"•78.323
Ixceoa proflta taxoa (Second RereaiM Aat
ef 19<0 as aaeaded)
nl.6W! 3,860.626
Total eorperatlea taxes
Uao,3U5 7.379.119 11. 368. 800
Miscellaneous profits t&xeol
Declared ralue
Vinson Act
Unjust snrlcbsoQt
Total alsoellaaeeae profits taxes
Total incoae and profits taxes
7.171.293
118,018
7
7U.885
212
1,781
9.753
76.878
118,>)83
9,7^6
39
U26
2.289.328 lZ.272.3ei 28.U59.3g9
ftiployasat taxes:
Social Secarlty taxes:
Tederal Insurance Centrlbutleae Act (OldB^ Insurancs)
rederal nneaployaeat Tax Act ( Dneapleyaent
Insuranoe)
25'».715 1.128.953
1.285 Ug3
1.U67.655
Carrlars' Taxlac Act of 1937-
Total oaployaeat taxes
303.859 1. '170. 958
1.693.977
Miscellaneous Internal rsTonue:
Capital stock tax
Estate tax
Gift tax
Alcoholic herera^e taxes:
Dlstlllsd spirits (l^jorted. excise)
Dlstlllsd spirits (doaestlc, excise)
Dlstlllsd spirit* rectification tax
Vines, cordials, etc. (laported. exclss)..
Wines, cordials, etc. (donestlc, sxclse)..
Brandy used for fortifying sveet vines
(repealed as of July 1, 19>I0)
Dealers In distilled eplrlte; rectlflere;
aanufactnrers of stills (special taxes).
Stasis for distilled spirits inteaded for
export
Case staaps for dlstlllsd spirits hottled
in hood
Container stsaps
rloor taxes
Fementad aalt liquors
Brevors; dealers In aalt liquors (special
taxes)
Total alcoholic beTora^e taxes.
Tobacco taxss:
Cigars (large)
Cigars (amall)
Clgarettss ( large)
Cigarettes (snail)
Snuff
Tobacco (chewing and saoklng)...
Cigarette papers and tubes
Leaf dsaler penalties, etc
Cigarette and cigar floor taxee.
Total tobacco taxes.
ce:
*
1/
2/
1*0.657
1*8.665
271 .010
250. 188
U.039
17.287
65
no
U.1I12
36.503
25
2,160
1.133
28,671
135
.352
.991
628
663
6
1.350
19.121*
U6.035
6.6IIO
1*6,703
l*,U75
3,312
589
3.961
655
198
56
5,31*7
3.21*8
1.729
1.232
1.691
122
6M1
5, "^62
2.329
7.722
55
liWi
6.0U3
11.563
8.762
5
6.21*6
1*2.552
82.702
2ll»
591
3.1*38
57,623
102.821
3.052
3.051*
200
U.779
'
182.172
ll.OSi*
265.799 1.283.77'*
3g.o6o
187.18'*
Total Social Security taxes.
5.259
?6.7M
226.322
328.1*30
379.667
386,375
1*23.918
1.097
32.W8
37.229
28.U88
69.161
1.659
625
3.37«
73. 'W7
651.892
17.U71
255.627
168
1*3
5W.U96
17,136
651*
3.1*78
30.863
26,768
5.791
5.980
1
2
1.239
9.888
1,329
7,717
57.960
500.131
719
21.985
56. 086
108. 656
37
2,71*6
2.557
182.31*5 1,308,250
1.1*23.181
1405,631*
3.61*8
20.769
87
26
762.098
6.977
UU,231
71*
1,111*
2.723
9
lU
73.728
667
80.868
27,501
9U
71*
829.872
7,01tO
1*1,719
'
5.133
292
10,066
ll*.87U
308
7
10.989
289
2.289
5.'''*1
3.867
30.603
258
1.125
1
61
2
U7l»
96
76.663
630.820
661*. 250
37
39.1*55
32
1.008
and retailers' excise
Miscellaneous taxaai
BltuBlnoue Coil Act ef 1937
Sugar Act of 1937
Telephone, telegraph, radio and cable,
leased wires, etc
Local telephone ssrrlce
Traaapertation of oil by pipe line
Traneportation of persons, seats, berthe..
Transportation of property (effectiTe
12/1/Ue)
Use of Botor reblclaa (•ffectlTe Z/l/h2).,
Dae of boati (affoctlTO 2/1/U2)
Loasei of B*f«-d«poflit ^oxet
AdalteioDs to thaaton, concerts, etc
AdatlesioDS to cabarets, roof gardens, etc.
ClvCb dues and Initiation fees
Bovlln£ allays, pool tables, etc
Coin operated devices
Adialterated and procaeaad or renovated
butter, alxad flour U/aad filled eheeaa.
Oleomargarine, Including special taxes....
Harcotlcs, Including aarlhuana and special
taxes
Coconut and otbar Tagetable oils processed
13
5.229
1.396
5,6U7
1*8.739
63.1*52
12.8911
8,801*
8lt.80e
128.031
82.665
lU.230
1.577
I5.6gu
20, 651*
69,206
53
9
550
138,161*
139.1*18
197.203
126. U29
216
6,056
299
317
5,6U9
128,302
15.039
5.992
1,655
9.526
2
193
58
2.330
3.1*79
39
581
1.838
553
3,883
16
13
2lt,ll3
U.50U
1,273
1*3
1*23
Hat ienal 7i reams Act
All other, IncludlBC repealed taxes not
lleted aboTe
Total miscellaneous taxes.
62.117
12.926
78.925
157.21*3
21.8O6
8.180
1,679
16.521
17
51*
21
96,775
671. U3I
972. U91
1*82.986
U.21H.95U
U,g5U,Ug6
1,057
It
2
8.531
U2
037
907,1*01
81*1*.
Total Banufacturers
taxes
1
1.107
Reports of collsctions.
Less than $500.
Excludes collections for credit to certain trust accounts for
territories and Insular poseessions. etc.
Consists only of tax collections under the Current Tax Payaent Act
of I9U3 for which returns haTo been filed with the Collector of
Internal Revenue.
Collections as shown Id Dally Treasury StatoBonte
consist of withholdings deposited in Oovemaent depositaries In
Total mleoellaneoui Internal revenue.
Total Internal revenue.
^
hj
3.076,173 17.985,293 35.007,852
addition to payasnts accoapanylng retume filed with the Collector
of Internal Revenue.
Current collections consist in general of taxes paid within twelve
months after the close of the taxable year for which the return was
filed.
Tax iBposed upon the Banuf acture and sale of and the occupational
tax on. Bized flour repealed as of November 1, 19l*2,
,
June 1944
67
MONETARY
STATISTICS
Treasury Bulletin
62
Gold Assets and Liabilities of the Treasury
(In Blllloiu of dollare)
LlaMlltlaa
Ind of calendar
jear or aoath
Sold
Aaaets
Bold Cartlfleataa 1/
Qold fiaaarra
a«alait U. S.
notaa, ate. 2/
Exchan^
StaMllMtlon
TobA i/
Oold in
Oaneral Fund
156.0
156.0
156.0
156.0
156.0
1.800.0
1.800.0
1,800.0
1.800.0
1,800.0
1.008.6
U87.U
3UI.9
1,591.6
156.0
156.0
156.0
156.0
156.0
1.800.0
1,800.0
1,800.0
1,800.0
1.800.0
1*08.9
20.566.8
20,611.9
19.821.0
22.387.5
2O.3I8.I
20,281.3
156.0
156.0
1.800.0
l.SOO.O
152.3
150.2
JWj
22,3311.8
20,219.14
Saptamtar.
22.262.8
22,175.0
20.127.7
20.067.1
156.0
156.0
156.0
l.SOO.O
1.800.0
1.800.0
159.1*
All^nat ....
Ootobar.
HoTambar
Cacambar.
22.115.7
22,066.7
21.937.8
20,002.6
19.953.1
19,821.0
156.0
156.0
156.0
1.800.0
1.800.0
1.800.0
157.1
155.6
160.7
19U4-Jtmiar7.
Tabruary.
March....
21,918.2
21,711.6
21.599.9
19,800.7
19.591.0
156.0
156.0
156.0
1,800.0
1,800.0
1,800.0
l6l.l*
l6i*.6
19.1*77.2
April.
21, 1(29.
M«or p.
21.263.6
19.319.2
19.150.9
156.0
156.0
1.800.0
1,800.0
15U.O
156.7
5.?7'i.O
issu.
1935.
1936.
1937.
193«.
8,238.6
10,122.9
11,257.6
12,760.0
l't,511.2
7.679.5
8.959.6
9.212.3
11.872.8
1939.
17, 61*3.
15.278.6
19W.
21,996.5
22.736.1
22,726.3
21.937.8
19, 825.
19^3-Ha7..
22, 1*26.11
Jtina.
19U1.
I9i*2.
19U3.
Sooroa;
p
1/
Dall7 fraaavrjr Statamanta.
Prallalnary.
Coaprlaai (1) gold eartlfloatas held tj the pabllo and in Tadaral fiaaarre Banka; and (2) gold cartlflcata oredlta ia (a) tha
2/
^
End of fiscal
yaar or aonth
lUlsna
213.8
215.3
158.6
160.7
159-1
151.9
166.7
Oold Oartlfloate Fund - Board of Ooramora, Taderal Besarra
S7«taB. and Cb) tha Badaaptlon Tond - rtdaral Eeaarra notai
Batarra against Unitad States notaa and Traasniy notes of 1890.
Scolndes gold in aetlve portion of Exchange Stabilisation I^md.
Monetary Stocks of Gold and Silver
(Is
682.1*
of dollara)
Oald
($35 P«r
fine onnoa)
...
.
U
u
5e
.
June 1944
E
2
u
8
8 7
69
Components of Silver Monetary Stock
(In mlllloDB of dollars)
Silver held In Treasury
Securing silver
certificates 1/
Ind of calendar
year or month
Silver bullion
Silver dollars
Subsidiary
coin 2j
Bullion for
recoinaee
^
193U.
1935.
1936.
1937.
1938.
211.6
576.9
775.9
938.8
1.137.6
508. U
U.2
8.8
508.7
505.7
503-7
502.7
1*.2
.2
5-7
•
1939.
19UO.
19U1.
1.298.2
l.W.l
lS>i2.
1.516.2
1.520.0
1*68.3
1,518.8
1.519.7
'58.7
1*1.2
't53.3
36.9
July
iLu^st
September.
1.519.7
1.519.7
1.519.7
1*5.9
35-5
lt29.9
31*.
1+26.5
27.2
1-5
October.
November.
December.
1.519.7
1.520.0
1,520.0
U22.0
1*00.
26.5
21.7
lU.U
lU.6
19.1
19'l't- January..
?ebniary.
March
1.520.0
1.520.1
1.520.1
396.7
395.8
17.3
19.5
April.
May p.
1,520.1
1,520.1
392.6
391.1
1. 1176.1
I9U3.
19U3.Hay..
J\lne.
.
.
.
Silver outside
Treasury
In General fund
Bullion
at cost
Silver
dollars 1/
89.3
262.7
35-2
31*7.7
1*28.6
Ul.1
U3.C
535-3
Iti.U
1199.0
616.0
U9U.6
USU.l
657.1*
3.5
19.1
1*00.
1(10.3
391*.
3
2
Dally Treasury Statement and Circulation Statement of United
States Money.
Preliminary.
Lees than $50,000.
.2
.2
3-1'
38.1*
per ounce
1.279.7
1.970.1
305-3
323-5
2,1*02.3
366.9
372.8
2,806.5
1*8.1
39U.1
52.5
63.0
1*22.1*
3.790.2
u, 060.0
1*93-5
1*. 21*1*.
78.8
96.
587-3
6SU.7
l». 317-6
U.207.3
593-6
592.1
8U.3
85-7
612.7
623.1
U,298.9
U.298.5
589-1
58U.9
567.3
87-5
88.8
90.7
633.2
lt,29U.l*
61*2.2
1*,
65U.8
I*.
560.7
553-8
551-8
92.3
'»,223.7
u, 213.7
96.8
663.6
67U.2
68U.7
538-7
685.5
686.2
691.8
U.I7U.9
697.0
705.1
U,088.3
662.3
628.2
551-8
91*.
528. li
18.
525.6
97.7
98.6
100.2
18.0
22.3
12.5
9.8
505-2
U99.9
101.7
103.3
^
Subsidiary
coin 2/
350.1.
20.2
17.6
15.1
1/
2/
Total silver
at tl.29
3.31*6.8
276.0
233-1
U.208.6
l*,lU7.l
1*,1U2.6
1*
.082.8
Valued at $1.29+ per ounce.
Valued at $1.38* per ounce.
Valued at $1.38+ per ounce or at $1.29 per ounce according to
whether the bullion la held for recoinage of subsidiary silver
coins or for recoinage of standard silver dollars.
Silver Production In the United States and Silver Acquisition by Mints and Assay Offices^
(In Billions of ounces or dollars)
Silver
production
Silver acquired by mlnte and assay offices
in
Calendar year
or month
United
States
Newly mined domeetlc
silver 2/
Nationalised
silver 3/
Torelgn silver kf
Total
Ounce
21.8
38.0
61.1
70.6
61.6
lU.l
8
60.7
68.3
70.5
U7.9
5.5
UO.I
U8.5
50.1
3U.0
3-9
1.6
1-3
1.2
1.1
Hay...
June.
3-8
3.2
3-9
193lt-
32-5
1*5.6
19351936.
1937.
1938.
63.U
71-3
61.7
19 1*1.
63.9
67.0
69.1
191*2.
51*.
191*3.
1*1*.
1939.
191*0.
19l*3-iprll.
27-3'
117.3
U.l*
1*.0
September.
2.8
October.
November.
December.
3.I'
-3
.2
U.l
U.O
.2
.1
ce;
•
1/
2/
.2
355-11
156.9
30U.9
53U.3
333. u
312.2
U17.1
282.8
139.8
72.6
IU.3
120.5
50.9
27.1
6.0
31*3.3
160.6
208.0
IU3.I
62.1
99.
172.5
U9U.I*
271.9
2U1.5
S6.5
3I8.2
150.3
108.
5-5
1.6
1-3
1.2
.9
.8
July
April.
55.3
1.0
.u
5U.6
U2.U
Au^st ....
19UU- January.
February.
March
110.6
2.0
.9
m:
31*6.5
197.8
163.3
199.1
77.2
UO.O
3.9
1.1
•
9
.8
2.8
3.8
U.O
3.1
Silver production:
Annual Reports of the Director of the
Mint for annual figures through IQ^'^; releases of Asierlcan
Bureau of Metal Statistics for all later flrureeLees than $50,000.
For information on silver production in other countries from
1933 through I9U0 or 19U1, see "Treasury Bulletin" for
August 19U3, pege 7U.
Acquired at 6U.6U* cents per fine ounce until April 9- 1935:
^
U/
at 71-11'*' cente per fine ounce from that date until April 23.
1035; at 77-57'^ cents from April 23, IO35 to December 31, 1937:
at 61*. 6U'* cents per fine ounce from December 31. 1937 to July 1,
1939; and at 71. 11'* cente since July 1, I939.
Acquired at 5O.OI cents per fine ounce. Executive Proclamation
of August 9. 193U. repealed April 28. 1938.
Acquired at varioue pricee averaging approximately 5I cente per
ounce.
Treasury Bulletin
70
Seigniiorage on Silver
(Cumulative from January 1, 193** - ^^ millions of dollars)
Sources of eeignlorage on silver Dillon revalued 1/
Seigniorage
on silver
and minor
coins
End of calendar
year or month
silver
sliver
bullion held
June lU. I93U)
Misc.
(incl.
h.3
18.5
U6.1
63.7
69.5
1*8.7
1*8.7
19113.
91-7
122.2
182.1
2U5.7
299.6
1*8.7
19U3-May.
June.
277-5
280.1
1*8.7
July
August
September.
19351916.
19371938.
Newly-olned
Newly-olned
silver (Proc.
silver (let
Dec. 21. 1933) July 6. 1939)
Silver Purchase Act
of June 19.
I93U
Nationalized
silver
(Proc. of
Aug. 9. 193"^)
51.1
226.2
16.8
36.0
58.0
7U.9
1*8.7
1*8.7
U8.7
1*8.7
^02.
366.7
Total
selpilorage
on silver
revalued
28.5
3U.5
128.7
^26.?
3^.7
3^.7
1*22.1
5O8.I
616.0
'»57-7
Potential
seigniorage on
silver bullion
at cost in
General Tund
2/
132.6
27U.9
397.5
5U1.6
758.8
87-3
87.6
87.6
U.2
25-7
530.7
562.7
1*8.3
580.1*
799.7
950.6
1,055.8
1,089.0
87.
63.5
65.3
58't..3
3^.7
818.
1,01*8.2
87.6
581* -3
3'»-7
820.6
967.3
87.6
87.6
6U.8
65.2
581*. »
3''.
1*8.7
58U.3
3't.7
820.1
820.5
1,029.5
1,029.5
283-3
286-0
288.9
1*8.7
87.
3U.7
87.6
87.6
65.2
65.2
65.2
581*. 3
1*8.7
58U.3
58U.3
3^.7
820.5
820.5
820.5
1,026.5
1,020.0
989-7
October.
November.
December.
293-2
297-1
299.6
1*8.7
1*8.7
87.6
87.6
87-6
65.2
65.3
65.3
58U.3
58U.3
58U.3
3U.7
820.5
820.6
820.6
978-5
968.7
967.3
igUU- January
February.
March
301.9
303.6
305-7
1*8.7
87.6
87.6
87.6
65-3
65.U
581*. 3
3't.7
58U.3
3't-7
Ss-l*
581*. 3
3t-7
820.6
820.7
820.7
9U3.9
926-8
922.7
308.8
315.6
1*8.7
65.lt
581*. 3
3t.7
65.1*
581*. 3
3"-
820.7
820.7
887.0
878-3
1939-
mUo.
igiti.
191*2.
.
.
.
April.
May...
Basis:
1/
Deilly Treasury Statements.
These Items represent the difference
1*8.7
1*8.7
1*8.7
1*8.
1*8.7
1*8.7
1*8.7
87.6
87.6
1*8.7
between the coat value and
2/
the monetary value of silver bullion revalued and held to secure
3't.7
705.6
3't.7
759.''
3)*.
7
7
3't.7
3''.7
silver certificates.
The figures in this column are not cumulative; as the amount of
bullion held changes, the potential seigniorage thereon changes.
Net Capital Movement to the United States, 1935 through March 1944
[In thousands of dollars.
Ret capital outflow (-)]
Analysis of net capital movement
Period
Net capital
movement
Movement in
short-term
banking funds
Movement in
brokerage
balances
Moveiij?nt In
transartions
In domestic
eecurltles
Movement in
transactions
in foreign
securities
Calendar year:
1935
1936
1937
1938
1939
(Jan.
2,
(Jan.
2.
(Dec. 31.
(Dec. 10,
(Dec. 29,
1935-Jan.
1, 1936).
1936-Doc. 30. 1936).
1936-Dec. 29, 1937)1937-Dec. 28, 1938).
1938-Jan.
3, I9U0).
1,1*12.1*86
961*,629
1,195.922
801. 915
397. 3''2
255. 59"*
6.039
6,811
3U,687
1*15.256
331.26s
.132.383
32.990
-85.1*27
I9U0
(Jan.
(Jan.
(Jan.
(Jan.
(Jan.
U,
19l*0->c. 31, I9U0).
-21*5,062
1,
1,
19l*l-Dec. 3I, 19l*l).
19l*2-Dec. 3I, 19l*2).
19l*3-Dec. 3I, 19l*3).
19l*4-Mar. 3I, 19I4U).
706,380
-U96.923
-261,955
U6.599
27,767
-I5.30U
78.156
51.703
-7.36&
77.696
-21.767
Total (Jan.
2,
1935-Mar. 31, 19U1*).
1.195.635
852.928
-286.622
561.573
3"*
316,660
600,693
21*1*, 626
57.196
125.158
191.076
267. 008
26.758
115.689
3W,313
379. 582
20,358
-U9
3.513
13.372
1,802
7.1*62.898
5.753.''35
119.557
685,793
90U.113
igl*3-March.
132 .152
61.505
2,131*
9,861
58.632
April
May...
June.
65..206
58,289
70,.330
223 .795
6,937
-389
-2. 565
22U, 81*5
922
-1.027
3.662
-''.537
-175
U9
58. 720
1*20
'*.392
170,
59.027
1.903
1,698
565
-5.283
-I3.9UO
IIU.9OO
21.01*1*
21,1*99
135.679
161.U36
55.551
-7't7
1.301*
-687
2.715
-9,008
-3.932
155.209
147.637
76.736
1.831
-6.005
3.686
-12.985
-20. 09I*
191*1
191*2
191*3
191*1*
1,
1,
July.
August.
September.
.
.
October.
November
December.
.
.
19l*l*-January.
..
February.
March
60I1.32I
1.283.593
''5..011
133 267
168 .979
1)1* .99>t
15". 350
ll*5,622
ltl*.3>H
Back Figures: Monthly data for the period January 19!*! throu^
June 19U2 may be found in the "Treasury Bulletin" for
September 191*5. page 73-
,161*,
758
7>t.3ll
2.383
-n3
6gl*
-91*2
-978
1.521*
5.859
-7,532
FCmyiCTORY
BUY
UNITED
STATES
)VAR
BONDS
AND
STAMPS
UNITED STATES
TREASURY DEPARTMENT
OFFICE OF THE SECRETARY
WASHINGTON 25.D.
C.
OFFICIAL BUSINESS
PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, *30O
\
^
'i'
Treas.
HJ
U.S. Treasury Dept,
10
.A2
Treasury Bulletin
1944
C.2
U.S.
TREASURY LIBRARY
1
0031926
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