Full text of Treasury Bulletin : June 1962
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DEC
1
9 1963
TREASURY OEPARTMEMT
LIBRARY
Ronwi 5030
JUN
9.
3 1972
TREASURY DEPARTMENT
1
TREASURY DEPARTMENT
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JUNE-ieB5
UNITED STPTES TRERSURV DEPORTMENT
OFFICE DF THE SECRETPRV
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U. S. Government Printing Office, Washington 25, D. C.
Subscription per year 17.00 domestic, $8.75 foreign
Single copy price varies
June 1962
Table of Contents
Page
Treasury financing operations
Summary of Federal fiscal operations
Budget receipts and expendlt\ires
Trust account and other transactions
Cash Income and outgo
Accoimt of the Treasiirer of the United States
Debt outstanding
Statutory debt limitation
Public debt operations
United States savings bonds
Ownership of Federal seciirltles
Treasury siirvey of ownership of Federal
seciirltles
Market quotations on Treasury securities
Average yields of long-term bonds
Internal revenue collections
Monetary statistics
National bank reports
International financial statistics
Capital movements
Corporations and certain other business-type
activities-statements of financial condition
Cumulative table of contents
A-1
1
2
9
1-4
20
22
27
28
52
56
58
62
65
67
"^1
"^5
V6
''
89
122
II
Treasury Bulletin
Reporting Bases
Data on receipts, expenditures,
and debt which appear
In the "Treasury Bulletin" are based largely on two Treasury
financial reports, the "Dally Statement of the United States
Treasury" and the "Monthly Statement of Receipts and Expenditures of the United States Government." Certain monetary statistics are based at least In part on the "Circulation Statement of United States Money." Where these statements are given as sources for individual tables, they are
cited by name only.
Their respective reporting bases are
deecrlbed below. For other data in the Bulletin, information on sources or reporting bases is given in connection
with the tables themselves.
The monthly statement of receipts and expenditures
was first published for February 195I1, and replaced the
dally statement as the primary source of information on
budget results and other receipt and expenditure data
classified by type of account. At the same time, the
dally statement was changed to a statement of cash deposits
and withdrawals affecting the account of the Treasurer
of
the United States.
Both publications have provided compar-
ative figures on their respective bases from the
beginning
of the fiscal year I953. The announcement of February
17,
with respect to these reporting changes may be found
in the April 195U issue of the Bulletin.
195^^,
The monthly statement shows all receipts and expenditures of the Government, including those made from
cash
accounts held outside the United States Treasury. The
information is compiled from reports by the Treasurer of
the United States and by all other collecting
and disbursing agencies, including those agencies which maintain
checking accounts in commercial banks.
These reports cover
transactions recorded in the accounts of the agencies
during the reporting period. The net of the transactions
as compiled from these reports is reconciled
In the monthly
statement to changes in the balance in the Treasurer's
account and in cash held outside the Treasurer's account
and
changes in the public debt outstanding.
Receipts of taxes and customs duties are reported
on a
collections basis. Other receipts are reported partially
on a collections basis and partially on a deposits
basis.
Expenditures, except interest on the public debt,
are reported on the basis of checks issued or cash
payments made
by disbursing officers.
Transactions of an Interfund or
intragovernmental nature are included on the same basis
even though the actual issuance of checks may
not be involved.
Interest on the public debt is included on an
accrual basis beginning with figures for June
I955 and
the fiscal year 1955.
Prior to that, It was Included on
a due and payable basis.
The same reporting basis as that
in the monthly statement provides the
fiscal year figures
for the Treasury's "Combined Statement of
Receipts, Expend-
itures and Balances of the United States Government"
and
for actual receipts and expenditures in the "Budget
of the
United States Government."
Beginning with the final statement for the fiscal
year I960, the monthly statement reports totals for
net
budget receipts and budget expenditures after deduction
of certain Interfund transactions which are
included In
the detail of both budget receipts and budget
expenditures.
The transactions deducted consist of Interest
payments and
minor amounts of certain other payments made by
Government
agencies to the Treasury,
>
'
This reporting change was made in
accordance with the plan stated in the President's Budget
Message of January Ig, 1960. It does not affect the
surplus
or deficit. Figures for earlier periods shown In the Treasury Bulletin were revised to the new reporting
basis in the
September i960 issue. The interfund transactions deducted
under this procedure do not Include payments to the Treasury by wholly owned Government corporations for retirement
of their capital stock and for disposition of earnings.
These capital transfers have been excluded currently from
budget receipts and budget expenditures beginning July
1,
19^, and figures for prior fiscal years back through 1932
were revised accordingly at that time.
The dally statement on the new basis was first issued
for February 17, 195I+. in the deposits and withdrawals
as
shown,
no distinction is made as to the type of accounts
trust, etc.).
The deposits are on the basis of
certificates of deposit cleared through the account of the
(budget,
Treasurer of the United States. Total withdrawals are on
the basis of checks paid or cash disbursements made out
of
the Treasurer's account.
Some of the withdrawal classifications shown are reported on the basis of mailed reports
of checks Issued and are adjusted by means of clearing
accounts to the total of checks paid.
Except for relatively
minor amounts, noncash interfund and other Intragovernmental
transactions are excluded. The public debt figures in the
daily statement also are on a "clearance" basis, with the
exception of those issuance and retirement transactions
reported on the basis of telegrams from Federal Reserve
Banks. Noncash debt transactions are included, however.
The dally statement before February 17,
1954^,
covered
not only transactions cleared through the Treasurer's
account but also certain Government agency transactions which
were handled through commercial bank accounts, and
included
noncash Interfund and other -intragovernmental transactions.
It provided information similar to that in the present
daily
statement with respect to the status of the Treasurer's
account, and similar to that In the present end-of-month
dally
statement with respect to debt issuance, retirement,
and
Receipts and expenditures, however, were
classified by type of account, and the budget results shown
amount outstanding.
,
Jme 1962
III
Reporting Bases
In the dally statement were used as the basis for
reflecting
the results under the President's budget program as enacted
(Continued)
-
dled through commercial bank accounts, consisting of market
transactions In public debt and guaranteed securities, were
Interest on the public debt
was Included on a due and payable basis beginning with
November ig'J-g and on a checks-paid basis prior to that time.
as reported by the agencies.
by the Congress.
Receipts were on the basis of deposits as they cleared
the Treasurer's account.
Expenditures cleared through the
j
j
I
j
i
the Treasurer's account were reported on two successive
bases.
Through
19'+6
they were on the basis of checks paid
by the Treasurer of the United States.
Beginning with 19'+7.
expenditures made through the facilities of the Treasury
Department's Division of Disbursement were on the basis
of checks Issued, while certain others, principally those
of the Department of Defense and Its predecessor organlza-
i
tlons, were on the basis of checks paid.
Note:
Transactions han-
The circulation statement reflects transactions through
the Treasurer's account which affect monetary stocks of gold
and silver and the amounts of coin and currency In the money
supply of the country.
It Is Issued later than the dally
however, and the figures are based on transactions consummated during the reporting period even though
some may not have cleared the Treasurer's account during
statement,
that period.
figures,
;^ere calculations have been made from unrounded
the details may not check to the totals shown.
Jane 1962
A-l
Treasury Financing Operations
Weekly Bills Increased and Refunded
May Issues of regular weekly Treasury bills totaled $9.2 billion refunding $8.9 billion
of 13-week and 26-week bills maturing, and providing $0.3 billion of new cash.
Increases
In certain weekly bill offerings over the amounts maturing have provided |1. 9 billion of
cash since the beginning of this fiscal year.
three for |1.2 billion each, and those of May
The new bills consist of five 91-day Issues,
2H-
and May 3I for Si, 3 billion each; and four
lS2-day Issues and one lS3-day Issue (May 2h) of 50.6 billion each.
Average rates of dis-
count on the new bills were as follows:
13-week
(Additional amount of bills of
original maturity of 26 weeks)
Date of
Additional
issue
1962
May
3
Original
issue
17
24
15
23
31
Note:
Approximate
equivalent
Date of
issue
ani"iual
average rate l/
1962
1962
Feb.
10
1/
Approximate
equivalent
annual
average rate l/
26-week
1
2.748^
2.719
2.646
2.700
2.656
May
3
10
17
2A
31
2.816
2.744
2.795
2.743
Bank discount basis.
"'''"^"^" '"
Details of Treasury market f^^-^'=^^l°P'^/ll°Z.l?t,TnT''
debt operations.
of the Bulletin in the tables on public
'''''
'""'
Jane 1962
SUMMARY OF FEDERAL FISCAL OPERATIONS
(In millions of dollars)
Budget receipts and expenditures
receipts
Expenditures
1/
1/
Net
Surplus
or
deficit
(-)
Net of
trust
account
and other
transactions
Clearing
account ,
etc.
y
decrease
2/
riscal .-.'ears:
1948 1/
1949 2/
1950
1951
1952
1953
195^
1955
1956
1960
1961
41,375
37,663
36,422
47,480
61,287
64,671
64,420
60,209
67,850
70,562
68,550
67,915
77,763
77,659
32,955
39,474
39,544
43,970
65,303
74,120
67,537
64,389
66,224
68,966
71,369
80,342
76,539
81,515
8,419
-1,811
-3,122
3,510
-4,017
-9,449
-3,117
-4,180
1,626
1,596
-2,819
-12,427
1,224
-3,856
1962 (Est.).
1963 (Est.).
82,100
93,000
89,075
92,537
-6,975
463
40,800
37.235
52,877
64,705
63,654
60,938
63,119
70,616
71,749
68,262
72,738
79,518
78,157
35,559
41,056
37,657
56,236
70,547
72,811
64,622
65,891
66,838
71,157
75,349
79,778
77,565
84,463
5,241
-3,592
-422
-3,358
-5,842
-9,157
-3,683
-2,771
3,779
592
-7,088
-7,040
1,953
-6,306
3,128
6,454
8,981
6,172
6,803
6,793
2,823
6,300
7,643
:"-"7
3
Net
increase
in
public
debt, or
{-)
-294
-495
-507
Levels, end of period
Net
increase ir.
Treasurer* s
account
balance or
decrease (
Debt outstanding
Treasurer'
account
balance
Public
debt
140
240
251,542
252,028
256,652
254,567
258,507
265,522
270,790
273,915
272,361
270,188
276,013
284,398
236,065
238,862
295,370
294,920
465
649
295,835
295,569
295,495
295,239
55
83
5,583
6,411
6,494
252,800
257,130
256,708
259,419
267,391
275,168
278,750
280,769
276,628
274,898
282,922
290,798
290,217
296,169
252,854
257,160
256,731
259,461
267,445
275,244
278,784
280,822
276,731
275,002
283,031
290,925
290,373
296,499
252,057
256,413
256,026
258,794
266,821
274,671
278,256
280,348
276,276
274,564
232,607
290,513
289,971
296,061
-249
6,998
5,894
8,317
288,338
288,672
288,423
134
-1,104
2,423
157
161
288.472
288,829
288,584
288,068
288,425
288,181
2,063
-73
-197
-1,645
-841
580
6,672
5,831
6,411
290,487
290,414
290,217
159
153
156
290,646
290,567
290,373
290,244
290,165
289,971
-181
-3,072
-1,582
1,463
-1,498
4,829
6,292
4,794
290,036
290,544
287,471
160
196
211
290,196
290,740
287,682
289,796
290,340
287,284
516
2,158
-1,175
-761
1,128
1,532
4,034
5,162
6,694
287,987
290,146
288,971
219
225
240
288,203
290,371
289,211
287,809
289,975
288,862
-101
-572
2,936
6,593
6,020
8,956
292,404
293,714
293,750
239
249
271
292,643
293,964
294,020
292,199
293,521
293,579
295,959
297,325
296,499
295,520
296,886
296,061
-523
530
-6
-145
507
1,624
-1,462
2,047
1,839
-388
-2,299
2,096
-551
331
-956
4,159
-4,399
2,654
-1,311
4,932
3,470
5,517
7,357
6,969
4,670
6,766
6,216
6,546
5,590
9,749
5,350
8,005
6,694
252,292
252,770
257,357
255,222
259,105
266,071
271,260
274,374
272,751
270,527
276,343
284,706
286,331
288,971
-151
234
6,399
-450
-694
6,000
6,000
-4,100
4,331
-423
2,711
7,973
7,777
3,582
2,019
-4,141
-1,730
8,025
7,875
1,111
471
4,208
4,679
4,232
4,295
6,064
4,577
5,180
4,545
4,427
4,606
4,961
-698
234
199
234
87
-106
-319
-209
-34
376
-21
224
109
-237
154
2iX
-3,044
-349
2,188
-95
-567
-124
125
-521
607
2,Ci08
6,829
6,773
6,847
-4,006
-473
80
368
-221
217
-663
6,470
6,236
7,012
-1,624
301
-185
1,512
-629
408
-58
692
6,467
10,831
6,450
7,169
7,961
-1,325
-702
2,870
24
49
2,982
6,367
8,945
6,322
7,631
6,771
-3,340
-1,265
2,174
3,141
6,424
7,967
7,796
7,485
7,160
5,357
6,729
9,104
7,395
6,358
5,754
7,024
147
435
328
231
-194
195
633
-329
-50
-602
33
-248
366
483
-214
-401
-250
-303
284
522
Subject to
limitation
252,366
252,798
257,377
255,251
259,151
266,123
271,341
274,418
272,825
270,634
276,444
284,817
286,471
289,211
-5,994
478
4,587
-2,135
3,883
6,966
5,189
3,115
-1,623
-2,224
5,816
8,363
1,625
2,640
99
679
Total
Guaranteed
Federal
securities
securities
73
27
20
29
46
52
81
44
74
107
101
111
Calendar years
l^-^S
37,46-,
1
'3
''5
'^'6
.
-.8
"1
1'»j1
Months
1960-July.
Aug
Sept
.
.
.
Oct
Nov.
Dec
1961-Jan
Feb
Mar.
Apr
May.
June
.
. .
.
.
4,846
6,537
8,524
.
.
5,125
.
.
July.
.
Aug
Sept
.
.
Oct
Nov..
Dec
1962-Jan
Feb
Mar.
Apr
May.
.
.
.
.
.
.
.
.
796
-229
-502
311
815
-41
101
739
-259
267
1,092
-691
23
712
-14
-377
-149
334
508
_
2/
2/
24
42
54
76
34
53
103
104
109
127
156
330
-129
-498
682
3,433
1,310
-4,655
-1,060
807
-66
-120
44
-154
317
258
140
-543
10
1,911
1,350
-842
-2,759
6,197
6,261
6,494
295,660
297,011
296 169
299
63
234
-152
381
-145
333
345
-78
978
470
-896
-1,513
644
1,293
4,981
5,626
6,919
296,513
296,983
296,088
347
371
402
296,860
297,354
296,489
296,422
296,917
296,054
7,7^,9
-2,038
-129
1,356
7,289
7,229
-1,535
-205
132
258
-384
-130
864
2,222
-924
2,145
5,995
8,141
296,952
299,174
405
430
297,357
299,604
296,922
299,170
Source:
Actual figures through the fiscal year 1952 and the calendar year
the
1953 are from the daily Treasury statement, and thereafter from
monthly statement of receipts and expenditures of the Government (for
explanation of reporting bases, see page II); estimates are from the
of
1963 Budget document, released January 18, 1962, including effects
proposed legislation. More detail for data on this page will be found
V
355
622
828
-581
5,952
202
25
1,770
-1,488
603
-635
-117
179
30
35
4/
in succeeding tables.
Fiscal year figures beginning with the September 1960 issue of the
Treasury Bulletin, and calendar year figures beginning with the June
budget
1961 issue exclude certain interfund transactions from both net
Figures
receipts and budget expenditures (see pages II, 2, and 4).
to the new
previously published for these series have been revised
or
reporting basis. The change does not affect the budget surplus
deficit.
,„
13.
Excess of receipts, or expenditures (-). For detail, see pages 9 Reserve
For checks outstanding and telegraphic reports from Federal
Banks; public debt Interest accrued and unpaid beginning uith June
5/
,
315
330
and the fiscal year 1955 (previously included from November 1949 as
Interest checks and coupons outstanding); also deposits in transit and
changes in cash held outside the Treasury and in certain other accounts
beginning with the fiscal year 1954. Net increase, or decrease (-).
For current month detail and list of acts, see section on "Statutory
Debt Limitation" in each issue of the Bulletin. The limitations in
effect during the period covered by this table and the date when each
became effective are as follows: $275 billion, on Jure 26, 1946; 1281
billion, on August 23, 1954; $278 billion, on July 1, 1956; $275
billion, on July 1, 1957; $280 billion, on February 26, 1958; $288
billion, on September 2, 1958; $290 billion, on June 30, 1959; $295
billion, on July 1, 1959; $293 billion, on July 1, 1960; and $298
billion on July 1, 1961. From March 13, 1962, through June 30, 1962,
billion.
the limit is $300 billion. Thereafter it will revert to $285
Transactions of the Foreign Economic Cooperation Trust Fund, established under Section 114 (f ) of the Economic Cooperation Act of
expenditures.
1943 (62 Stat. 150), are consolidated with budget
.
.
Treasury Bulletin
BUDGET RECEIPTS AND EXPENDITURES
Table 1.- Receipts by Principal Sources
(In
miUlons
of dollars)
Internal revenue
Income taxes
Fiscal year
or month
Corporation
Not
Withheld
1/
withheld
V
1954
1955
Qrployment taxes
Individual
Total
income
taxes
For old-age
and
disability
insurance
1/ 2/
1957,
1958.
1959,
1960.
1961.
21,523
18,265
21,299
21,531
20,533
18,092
22,179
21,765
10,747
10,396
11,322
12,302
11,528
11,733
13,271
13,175
21,635
21,254
24,012
26,728
27,041
29,001
31,675
32,978
53,906
49,915
56,633
60,560
59,102
58,826
67,125
67,918
7,733
8,004
10,211
11,586
1962 (Est.)..
1963 (Est.).,
22,200
27,400
13,645
14,245
36,325
40,225
72,170
81,870
1961- July. . .
Aug
Sept...,
520
382
245
161
3,251
2,017
1,235
4,654
2,662
408
377
215
123
428
1,399 6/
1956
Oct
Nov
Dec
1962- Jan
Feb
3,322
466
400
5,879
Apr
4,.,5
469
15,919
Fiscal year
or month
Total
budget
receipts
1954
1955
73,173
69,454
78,820
83,675
83,974
83,904
96,962
99,491
104,910
118,581
5,973
6,073
1961- July...,
Aug
Sept ...
3,779
8,713
10,285
Oct
Nov
Dec
3,811
8,007
8,q80
1962(Est.)...
1963(Est.)..,
1962- Jan
Feb
476
976
13,022
15,409
2,110
2,345
2,000
5,1°7
7,930
291
1,736
828
14
84
1
975
1
306
1,821
884
U7
55
158
148
1,1Q7
983
"^,945
91
98
90
2,021
1
1
76
1
241
1,266
47
1
505
142
126
152
1,102
1,123
1,013
3,507
7,783
8,355
105
106
88
198
118
537
48
379
19
192
133
155
1,009
967
1,140
5,591
100
269
2,080
1,188
9,489
12,089
85
104
198
161
313
203
959
1,157
QQ
2,266
104
243
216
11,655
1,869
1,071
2,692
4,036
6,310
9,607
294 6/
1,620
1,119
S^°3
720 6/
2,181
82
61,559
13
10,685
Trust
accounts
456
Less:
Total
refunds
3,377
3,426
3,684
F0A3I
Trust
Fund
8/
;-,917
224 16,
4,433
4,933
5,045
5,976
257
257
6,258
6,358
10,863
12,669
1,01'-'
176
200
183
178
208
186
266
1,589
760
147
o9
15Q
162
86
212 u/
1,0^4
418
8
64
Apr
May
8,153
10,658
67
1,414
1,091
5,727
142
48
73
J33
863
847
939
953
27
1/
2/
705
754
800
948
1,123
1,008
2,559
3,006
2,749
3,196
3,158
4,064
4,082
1,241
1,346
3,526
4,194
3,428
8,373
260
5
15
7
5
,
7,810
Unemployment
Trust
Fund
11/
141 6/
1,489
1,031
11 6/
131
672 6/
2,012
58 6/
169
6,032
9,684
88
1
1
47
11
81
50
48
379
19
b56
693
93,000
253
269
267
3,042
6,416
8,948
49
258
231
255
3,149
6,425
8,153
233
207
248
5,442
6,744
9,106
5,761
7,029
70,215
,oc)7
!
13
82
1
230
264
513
452
2,715
3
Net
budget
receipts
IV'
82,756
93,693
1
1
Interfund
transactions
12/
i,24o
473
Q73
55
Less:
567
355
694
654
14
84
6/'
249
64,420
60,209
67,850
70,562
68,550
67,915
77,763
77,659
571
1
Budget
receipts
net of refunds and
transfers
to trust
accounts
2/^2
64,655
60,3^0
68,165
71,029
69,117
68,270
78,457
78,313
1,479
76
859
Highway
Trust
Fund
12/
597
624
1^
40
-J-
2,3U
606
2,116
2,171
2,642
343 16/ 2,798 16/
607
967
27
Railroad
Retirement
Account
iS/
575
525
1.417
1,101
277
562
66,289
75,109
80,172
79,978
79,798
91,775
94,401
100 144
113, (X2
y
70, 300
7
86,708
603
599
634
616
743
1,813
Actual figures are from the monthly statement of receipts and
expenditures of the Government (for explanation of reporting bases
see page II); estimates are from the 1963 Budget document, released
January 18, 1962, including effects of proposed
legislation.
The distribution of receipts between individual income taxes and
oldage and disability insurance taxes is made in accordance
with provisions
of Sec. 201 of the Social Security Act, as amended (42
U.S.C. 401),
for transfer to the Federal Old-Age and Survivors Insurance Trust
Fund (see footnote 8), and also for transfer to the Federal
Disability
Insurance Trust Fund (see footnote 9).
Taxes on employers and employees under the Federal Insurance Contributions Act, as amended (26 U.S.C. 3101-3125), and tax on selfemployed individuals under the Self -Employment Contributions Act,
as
9
Transfers of tax receipts to
Federal
Disability
Insurance
Trust Fund
2/
18
23
13
Mar
Source:
745
1
513
Refunds of receipts
353
20
-72 12
69 3
1,810
90,472
1
4,537
5,040 1^
6,337
6,301
6,870
7,158
9,272
16/ 10,537 16/
5,959
9,773
12,354
1962 to date.
325
11
81
50
Other
3,345
3,400
3,653
3,894
4,413
4,907
5,024
5,725 16/
1956.
1957.
1^58.
1959.
1960,
1961,
597
624
Internal Revenue
applicable to
Budget
accounts
12,842
13,418"
11,949
13,809
,
Leas:
10,014
9,211
10,004
10,638
10,814
10,760
11,865
12,064
MiscelCustoms laneous
receipts
345
280
525
5,2(33
33,222
945
936
1,171
1,378
1,411
1,353
1,626
1,916
Total
internal
revenue
571
6 712
12,418
y
Taxes not
otherwise
classified
Excise
taxes
607
6,685
1,017 6/
Estate
and
gift
taxes
330
336
324
341
1,245 6/
5,124
2,896
832
285
Total
employment
taxes
5,425
6,220
7,296
7,581
8,644
8,854
11,159
12,502
239 6/
1,189
458
Q55
1962 to date.
603
600
634
616
575
2,035
,,330
Ifey
2/
4,767
2,325
786
Mar
4,537
5,340
6,337
6,634
For unFor railemployroad rement
tirement
insurance
235
181
315
467
59
3
9
1
186
84
16
2
82 , 100
2,982
6,367
8,945
3,L41
6,424
7,967
5,357
6,729
9,104
7
7.02..
421
I
5,75,
5
69,794
amended (26 U.S.C. 1401-1403). The Social Security Act Amendments of
1956, approved Augiist 1, 1956, increased the rates of tax applicable
to wages paid and taxable years beginning after December 31, 1956,
to provide for disability insurance.
2/ Taxes on carriers and their employees under the Railroad Retirement
Tax Act, as amended (26 U.S.C. 3201-3233).
i/ Tax on employers of 4 or more under the Federal Unemployment Jax Act,
as amended (26 U.S.C. 3301-3308); with respect to services performed
before January 1, 1956, the tax was imposed on employers of 8 or more.
2/ For further detail, see tables under "Internal Revenue Collections."
Beginning 1957, Includes collections under increased rates in the
Highway Revenue Act of 1956 (see footnote 12).
Remaining footnotes on following page.
'
June 1962
•BUDGET RECEIPTS AND EXPEND ITDRES.
Table 2.- Detail of Miscellaneous Receipts by Major Categories
(In millions of dollars)
Fiscal year
or month
RealizaDividends tion upon
and other loans and
earnings investments
Total
240
274
296
Recoveries and
refunds
Sale of
Sale of
Governprodment
ucts
property
Seigniorage
Fees for
permits
and
licenses
Fees and
other
charges
for
services
Royalties
etc.
221
253
313
312
304
350
374
330
73
29
23
49
45
322
343
114
182
221
363
480
387
345
325
392
343
59
53
54
55
57
81
67
40
255
323
Adjustment to
Fines,
penalties Other monthly
stateand for- 1/
ment
feitures
2/
208
225
194
160
161
133
111
100
83
212
194
28
86
93
325
94
59
66
69
79
90
93
96
114
13
15
66
104
107
227
120
124
13
12
1954.
1955.
1956.
1957.
1958.
1959.
1960.
1961.
2,311
2,559
3,006
2,749
3,196
3,158
4,064
4,082
458
408
554
628
745
601
967
942
361
252
291
438
674
506
1,111
805
328
328
587
436
1,012
1962 (Est.).
1963 (Est.).
3,526
4,194
947
978
751
804
407
668
109
133
344
370
360
390
70
63
12
60
58
33
93
10
51
7
11
6
20
26
19
55
21
5
23
26
28
11
7
11
7
1961-July.
Aug..
Sept.
260
242
249
63
58
Oct..
Nov.
Dec.
198
118
537
315
77
60
1%2-Jan..
269
198
87
49
22
161
3
56
56
Feb..
Mar.
Apr.
1962 to date.
7
4
2,476
37
-43
9
56
18
25
15
18
25
24
10
23
16
U
585
606
47
49
49
62
307
20
23
23
16
14
13
»
7
7
32
6
44
53
50
12
-17
9
8
-6
9
12
29
65
243
410
471
266
3 32
120
Department by
Source: Actual figures are from reports to the Treasury
statedisbursing officers and administrative agencies, on the monthly
ment reporting basis (see page II); estimates are from the 1963
of
Budget document, released January 18, 1962, including effects
proposed legislation.
the tonnage tax on foreign
1/ Consists of miscellaneous taxes (principally
303
50
53
12
..
.
.
,
Treasury Bulletin
BUDGET RECEIPTS AND EXPENDITURES
Table 3.- Expenditures by Agencies
(In millions of dollars)
Fiscal year
or month
Legislative
Branch
Judiciary
Executive
Office
of the
President
Funds
appropriated
to the
President
97
99
28
30
37
39
44
1959
1960
1961
118
126
47
49
56
56
52
70
1962 (Est.)...
1963 (Est.)...
161
59
63
22
1961- July
August , .
September
12
16
4
4
6
7
10
4
3
October.
November.
December.
13
-1
U
5
lU
4
2
12
5
1
161
160
1962-January.
February.
March. ...
16
5
11
4
trffices
153
157
59
65
85
1954
1955
1956
1957
1958
April.
.
U8
9
5,282
9
4,381
4,473
4,115
4,081
32
6,473 1/
6,791
6,982
7,707 2/
8,305
806
973
523
570
425
-615
129
9,315
9,013 i/
10,291
359
408
387
1,152
309
11,948
1962 to date..,
Health,
Education,
and
Welfare
Department
48,250
49,700
1,015
1,071
520
763
482
66
43
43
3,205
3,308
3,647
64
98
92
128
118
-1
989
539
605
61
46
43
3,837
4,035
4,072
99
93
78
45
51
43
4,044
3,865
4,338
67
51
99
447
426
34
542
11
403
350
63
51
6,066
555
605
548
573
4,046
4,528
43,427
Post
Office
Department
355
394
312
356
412
418
567
463
518
674
206
774
525
914
563
386
92
75
71
77
75
Treasury Department
Justice
Department
State
Department
6,382
6,370
7,244
7,607
83
62
54
57
74
272
247
258
7,593
9,180
8,957
69
76
83
853
261
453
8,900
9,300
88
985
1,043
90
342
7
93
87
80
25
765
730
727
74
91
77
20
20
8
9
9
29
46
39
18
5
225
123
2
4
32
20
713
740
781
75
2
102
77
77
11
325
66
106
50
78
313
92
23
25
29
361
339
320
88
74
68
22
22
25
125
103
63
77
24
23
99
-221
30
87
26
72
35
54
Ul
12
I'J
24
51
38
45
299
61
69
3,884
837
270
504
672
751
74
183
182
216
214
229
250
258
284
304
,016
549
831 11/
53
of
On
refunds
of taxes
418
535
515
512
572
156
136
142
179
31
6,787
803
755
733
4
6
5
5
4
777
775
74
307
Actual figures are from the monthly statement of receipts and expenditures of the Government (for explanation of reporting bases, see
page II); estimates are from the 1963 Budget document, released January
18, 1962, including effects of proposed legislation.
Note:
Figures in this table are for agencies as constituted at the time
the expenditures were made, and therefore do not necessarily represent
functions which are comparable over a period of time. For expenditures
by functions on a consistent basis, see Table 6. Agency shifts are
reflected in this table as follows: Beginning 1955, Federal Home
Loan Bani Board from "Housing and Home Finance Agency" to "Independent
offices," and Reconstruction Finance Corporation as indicated in
footnote 1; beginning 1957, Alaska Road Construction from "Interior
Department" to "Commerce Department," and Federal intermediate credit
banks and production credit corporations as indicated in footnote 2;
beginning 1958, Federal Facilities Corporation (remaining functions)
from "Treasury Department" to "General Services Administration," and
Informational Media Guaranty Fund from "Funds appropriated to the
8,298
Less:
District
Interest
On
public
debt 6/
^
1961- July
August . . .
September,
Source:
815
498
51
Labor
Department
Interior
Department
298
351
807
902
971
391
873
,031
369
370
41,233
42,824
44,677
562 2/
645
27
41
10,204
4,469
5,183
421
639
733
39
47
1,836
51
1962 (Est.)...,
1963 (Est.)...
1962 to date.
36
32
26
139
690
801
May
43
14
Civil
functions
40,336
35,532
35,791
38,439
39,062
-23
199
29
20
3,092
3,403
3,685
.
107
64
1,063
596
1959
1960
1961
.
24
190
111
666
April.
650
195
1957
1958
1962-January. ,,
February.
March. . .
7,177
6,709
991
978
971
1,981
1,993
2,071
2,295
2,645
October. .
November,
December.
940
1,383
Military
963
946
893
162
139
13
1954
1955
1956
382
539
502
7,091
5,419
5,929
40
836
1,105
863
1,000
1,077
1,293
501
578
U,132
121
Commerce
Department
2,915
4,636
5,177
5,006
4,875
II
.
Agriculture
Department
Agency
2,171
2,421
11
Defense Department
Housing
and Home
Finance
4,109
1,757 4/
1,808
10
10
12
May
Fiscal year
or month
Genera 1
Services
Administration
Independent
Columbia
2/
873
368 1/
879
748
765
2,178 10/
875
987 IQ/
907
Interfund
transactions
8/
Total
budget
expenditures
2/
13
22
22
26
25
67,772
64,570
66,540
69,433 2/ J/
71,936
467
567
67,537
64,389
66,224
68,966
71,369
31
80,697
77,233
82,169
355
694
654
80,342
76,539
81,515
89,732 12/
93,230 12/
656
693
89,075 12/
92,537 12/
28
50
85
3
9
75
63
Total by
agencies
6,381
7,681
6,774
7,805
7,485
7,346
7,480
6,873
7,751
235
181
315
59
49
3
9
1
186
84
16
2
6,322
7,631
6,771
7,796
7,485
7,160
7,395
6,858
7,749
7,296
7,234
64
5
7,289
7,229
80,106
421
79,685
7
President" to "Independent offices") beginning 1959, Federal Civil
Defense Administration from "Independent offices" to "Executive Office
of the President," and the former Civil Aeronautics Administration
and the Civil Aeronautics Board from "Commerce Department" to
"Independent offices"; beginning 1960, military assistance from "Funds
appropriated to the President" to "Defense Department, military,"
pursuant to budgeting instruction in the Mutual Security Act of 1959,
approved July 24, 1959 (22 U.S.C. 1813).
1/ Reconstruction Finance Corporation is included under "Independent offices" through 1954, and under "Treasury Department" beginning 1955,
except functions transferred to Export-Import Bank, Federal National
Mortgage Association, General Services Administration, and Small Business Administration. The corporation was abolished at the close of
June 30, 1957, by Reorganization Plan No. 1 of 1957, and its remaining
functions were transferred to the Housing and Home Finance Administrator, Administrator of General Services, Administrator of Small Business
Administration, and Secretary of the Treasury.
Remaining footnotes on following page.
Jane 1962
-BUDGET EECEIPTS AND EXPENDITURES.
Table 4.- Interfund Transactions Excluded from Both Net Budget Receipts and Budget Expenditures
(In millions of dollars)
Interest payments to the Treasury 1/
Fiscal
year or
month
Total
interest
Commodity
Credit
Corp.
ExportImport
Bank of
Washington 2/
Housing
and
Home
Finance
Agency
TennesPanama
Canal
Company
28
26
82
51
25
24
48
567
31
45
1959.
1960.
1961.
355
694
654
342
682
640
181
465
410
41
46
1962 (Est.).
1963 (Est.).
656
693
642
678
347
350
1955.
1956.
1957.
1958.
228
173
59
1961- July
August ....
September.
8
15
8
1
10
14
20
24
30
October. .
November.
December.,
1962-January. ..
February.
March
April.
May.
.
1962 to date.
Charges
for
audits
of
various
agencies
12
11
3
39
9
7
19
23
43
7
15
149
172
9
10
22
29
45
56
14
9
35
6
52
53
7
42
9
9
19
56
14
49
3
Federal
intermediate
credit
banks'
franchise
tax 8/
17
10
90
118
59
49
47
2/
1
17
6
11
235
181
315
195<i.
Under
Defense
Production
Act i/
4
6
7
11
297
456
557
91
60
175
340
421
Small
see
Business Valley
AuthorAdmin,
ity
Veterans*
Administration
Reimbursement by
Other Panama
Canal
6/
Company
32
13
13
14
3
9
5
1
1
186
186
84
16
82
16
56
15
2
2
1
152
26
7
5
421
411
156
U5
30
See Table 2.
Source:
funds; on loans (see Debt
1/ By Government agencies operated as revolving
Outstanding," Table 6) and other interest-bearing U. S. investments.
Production Act.
2/ Excludes transactions under Defense
Office of the Administrator for college housi/ Consists of payments by:
housing loans through 1955, and public
ing urban renewal, prefabricated
Association;
facility loans beginning 1957; Federal National Mortgage
Administration
Public Housing Administration; and Federal Housing
In 1954,
Direct loan program,
Production Act.
By various agencies for programs under the Defense
.
14
40
11
Corporation; Bureau of Federal Credit Unions beginning 1954; Civil
Defense Program Fund beginning 1954; Farmers' Home Administration:
7/
8/
Corporation through
Consists of payments by: Reconstruction Finance
project; Virgin Islands
1955; Colorado River Dam Fund, Boulder Canyon
Mortgage
Agricultural Credit Insurance Fund (formerly the Farm Tenant
both
Insurance Fund) beginning 1956, and the direct loan account,
Agricultural Act of 1961,
established pursuant to Title III of the
beginning
approved August 8, 1961; Informational Media Guaranty Fund
beginning 1960; and St.
1959; Federal Ship Mortgage Insurance Fund
Lawrence Seaway Development Corporation beginning 1960.
Government vessels,
For net cost of Canal Zone Government, less tolls on
Zone,
and for part of treaty payment for use of Canal
Realization on the Government's investment.
Less than $500,000.
Footnotes to Table 3.- (Continued)
corporations were
Effective January 1, 1957, the production credit
pursuant to the Farm
merged in the Federal intermediate credit banks,
and operCredit Act of 1956, approved July 26, 1956 (12 U.S.G. 1027),
corporations) were
ations of the merged agencies (as mixed-ownership
Account and Other
classified as trust enterprise funds (see "Trust
the banks and the
Transactions," Table 3); previously the operations of
public enterprise funds
corporations, respectively, were classified as
and were included net in budget expenditures.
v ^
*
aid for highways is excluded from budget ex2/ Beginning 1957, Federal
Table i;.
included in trust account expenditures (see
penditures and
the President's special interkJ Adjusted for reclassification by which
from "Funds
national program in the amount of $7 million was shifted
appropriated to the President" to "Independent Offices."
the Postal Fund,
From 1955 through 1959, consists of net expenditures of
transactions to
reflecting the change in classification of Post Office
a public enterprise revolving fund basis.
Reported on an accrual basis effective June 30, 1955.
advances.
7/ Consists of Federal payment and loans and
j < <n
These transactions are included in the detail
8/ For content, see Table 4.
but are deducted from
of both budget receipts and budget expenditures,
the totals (see Reporting Bases, p. II).
published under the same caption
2/ Figures in this column differ from those
of the exclusion
prior to the September 1960 Treasury Bulletin because
of certain interfund transactions (see footnote 8).
2/
international
Includes payments of United States subscriptions to three
In June 1959, pursuant to an act approved
financial organizations.
million was paid
June 17, 1959 (22 U.S.C. 286e), an additional $1,375
million in gold
to the International Monetary Fund consisting of $344
million in special notes.
(see "Monetary Statistics," Table 3) and $1,031
authorized by an act
To the Inter-American Development Bank, as
in
approved August 7, 1959 (22 U.S.C. 283e), there were paid
and in
September 1959, $0.5 million, in June 1960, $79.5 million,
special notes.
October 1961, $110 million which included $25 million of
as authorized by an act
To the International Development Association,
was paid $74 million in
approved June 30, i960, (22 U.S.C. 284e), there
special notes, and *62
Nivember 1960, of which $53 million was in
million of special
million in November 1961, which also included $58
to these organizaThe special notes of the United States issued
notes
and are payable on demand.
tions are nonnegotiable and nonlnterest-bearlng
Income and Outgo,"Table 6.
and "Cash
See also"Debt Outstanding," Table 1,
administrative expenses of^the
11/ Beginning with the fiscal year 1961,
handled as trust account expenditures
employment security program are
Employment Security
instead of budget expenditures, pursuant to the
Stat. 970); see Table 1,
Act of 1960, approved September 13, I960 (74
.
footnote 11.
,„,„
of $75 million in 1962,
12/ Totals include allowances for contingencies
and $350 million In 1963.
»
Less than $500,000.
10/
.
.
,
Treasury Bulletin
.BUDGET RECEIPTS AND EXPENDITURES,
Table 5.- Summary of Appropriations and Authorizations, Expenditures, and Balances, by Agencies,
as of April 30, 1962
(In millions of dollars; negative figures are deductions in the columns in which they appear)
Agency
Legislative Branch
The Judiciary
Executive Office of the President
Funds appropriated to the President
Agriculture Department
Commerce Department
Defense Department:
Military functions
Military assistance
Civil functions
Undistributed foreign transactions
Health, Education, and Welfare Department
Interior Department
Justice Department
Labor Department
Post Office Department
State Department
Treasury Department
Atomic Energy Commission
Federa 1 Aviation Agency
General Services Administration
Housing and Home Finance Agency
National Aeronautics and Space Administration
Veterans* Administration
Other Independent Agencies
District of Columbia - Federal payment and loans to
Total
Unexpended
balances
brought forward
July 1, 1961
1/ 2/
Additional, fiscal year 1962 to date
Increase
Appropriations
2/
113
137
58
28
2,545
4,771
793
42
9,661r
5
,
184
971
28,607
2,598
354
734
4,048
907
295
632
440
38
231
333
131
394r
1,463
560
389
12,846
591
805
10,876
111
Expenditures
Legislative Branch
The Judiciary
Executive Office of the President
Funds appropriated to the President
Agriculture Department
Commerce Department
Defense Department:
Military functions
Military assistance
Civil functions
Undistributed foreign transactions
Health, Education, and Welfare Department
Interior Department
Just ice Depa rtment
Labor Department
Post Office Department
State Department
Treasury Department
Atomic Energy Commission
Federal Aviation Agency
General Services Administration
Housing and Home Finance Agency
National Aeronautics and Space Administration
Veterans* Administration
Other Independent Agencies
District of Columbia - Federal payment and loans to.
Adjustment to monthly statement of receipts and
expenditures of the Government
Total
Deduct:
17
Total budget expenditures
129
58
28
2,545
5,510
810
-32
47,700
1,600
1,010
32
-2
4,048
917
295
632
10
875
875
281
9,996
2,547
804
-70
-237
465
500
7
62
87,963
-285
1,709
Rescissions,
cancellations,
and other
adjustments 7/
591
784
1,672
5,445
1,049
62
39,387
Unexpended balances April 30, 1962
Undisbursed
appropriations
Unused author- Unfunded
isations to
contract
expend from
authoridebt receipts sations
126
Investments
held
Total 2/
8/
27
47
113
51
235
13
10,482
4,978
1,257
15
13
25
1,721
5,716
504
2
4,447
1,616
21
721
37,945
957
813
11
»(
3,586
768
246
466
598
284
8,406
2,305
578
371
625
960
4,561
1,205
38,394
3,241
528
»
1,941
405
5
119
4
52
62
84
396
611
129
1,731
1,705
739
604
676
1,303
1,301
926
104
15
6,035
3,312
300
38,394
3,241
538
10
10
85
250
47
8,018
3,356
836
300
9,260
8
473
27,495
3,809
1,393
84
1,941
591
84
396
611
129
1,981
1,705
786
604
12,886
1,303
1,684
10,667
104
-2 2/
229
94,507
415
72,456
Source:
Bureau of Accounts. Details for the current fiscal year to date
are shown in Bureau of Accounts report "Budgetary Appropriations and
Other Authorizations, Expenditures and Unexpended Balances".
Includes same categories as shown at end of ciirrent period.
Although not expended, a substantial portion of these amounts is
obligated for outstanding purchase orders and contracts for equipment
and supplies, for payrolls, and for similar items.
Includes reappropriations.
Consists of authorizations by law for Government-owned enterprises to
borrow (l) from the Treasury (to expend from public debt receipts), or
(2) from the public (to expend from debt receipts).
1/ Consists of new contract authorizations, established by law for the
current fiscal year, net of current appropriations to liquidate either
current or prior contract authorizations.
Consists of transfers between appropriations; net borrowings from or
^
2/
i
8/
V
Transfers,
borrowings
Investments
Total
281
9,996
2,547
874
591
556
1,672
4,945
1,042
72,872
Certain interfund transactions
^
5
Deductions, fiscal year 1962 to date
Agency
Other authorizations
47,700
1,600
1,010
1,479
78,220
Authorizations
to expend from
debt receipts 4/
2/
*
repayments to (-), the Treasury and the public under authority to
expend from debt receipts; and net investment in, or sale of (-),
public debt securities and certain guaranteed securities issued by
Government enterprises.
Consists of transfers to, or restorations from (-), the surplus fund;
rescissions, cancellations, or adjustments of borrowing authority and
contract authority; capital transfers to miscellaneous receipts; and
other adjustments.
Public debt securities and certain guaranteed securities issued by
Government enterprises.
Represents the difference between this report based on accounts submitted by certain disbursing officers and corresponding preliminary
data used in the monthly Treasury statement.
Less than $500,000.
r
Revised.
Jme 1962
BUDGET RECEIPTS
Am
EXPENDITURES
,
Table 6.- Expenditures and Balances by Functions
(Fiscal years; In millions of dollars)
Function
code
number
Function
National defense:
Department of Defense-military functions.
Military assistance
Atomic energy
Defense-related services 2/
051
057
058
059
Total national defense
«
International affairs and finance:
Conduct of foreign affairs
Economic and financial assistance
Foreign information and exchange activities
151
152
153
582
157
1,683
133
1,973
251
Space research and technology.
Agriculture and agricultural resources:
Farm income support and production adjustment
Financing farm ovmership and operation
Financing rural electrification and rural telephones.
Agricultural land and water resources
Research and other agricultural services
^
^
V
76
351
352
353
354
355
,430
Total agriculture and agricultural resources.
Natural resources:
Land and water resources
Forest resources
Mineral resources
Fish and wildlife, resources
Recreational resources
General resource siirveys and administration
• •
401
402
403
404
405
409
Total natural resources.
Commerce and transportation:
Aviation
Water transportation
Highways
Postal service
Advancement of business...
Area redevelopment
Regulation of business....
501
502
503
505
506
507
508
Total commerce and transportation.
Housi ng and community development
Aids to private housing
Public housing
Urban renewal and community facilities..
National Capital area
:
.."
551
552
553
555
Total housing and community development.
Health, labor, and welfare:
Health services and research.
Labor and manpower
Public assistance
Other welfare services ^....
651
652
653
654
Total health, labor, and welfare.
Education:
Assistance for elementary and secondary education 6/.
Assistance for higher education 1/
Assistance to science education and basic research.
Other aid to education 6/
701
702
703
704
Total education
Veterans' benefits and services:
Veterans' service-connected compensation 8/.
Veterans' nonservlce-connected pension 2/--Veterans' readjustment benefits
Veterans' hospitals and medical care....
Other veterans' benefits and services 2/
Total veterans' benefits and services.
Footnotes at end of table.
38,436
2,352
1,990
43,360
.
Total international affairs and finance.
.
1957
801
802
803
804
805
Treasury Bulletin
BUDGET RECEIPTS AND EXPENDITURES.
Table 6.- Expenditures and Balances by Functions
(Fi
-
(Continued)
Jane 1962
.TRUST ACCOUNT AND OTHER TRANSACTIONS.
Table 1.- Summary of Trust Account and Other Transactions
(In millions of dollars)
Trust and deposit fund accounts
Net receipts, or
expenditures (-),
from trust account
and other transactions
Fiscal year
or month
Net
Net
receipts
expenditures
Net sale, or investment
(-), by Government
agencies In public debt
V
1/
securities
9,137
9,521
11,673
14,359
16,319
16,950
20,534
23,583
Excess of
receipts, or
expenditures (-)
6,751
8,530
9,423
12,950
16,057
18,461
20,893
23,018
Net sale, or redemption
(-), of securities of
Government agencies In
the market
-4
-2,054
-1,362
-2,617
-2,300
-197
1,112
-714
-435
328
231
-194
195
633
-329
-50
-602
2,386
991
2,250
1,409
262
-1,511
-359
565
33
-1,029
857
24,288
27,249
25,317
26,393
-169
-1,813
1,231
709
-871
1,244
-726
1,002
3,292
1,478
1,872
2,048
2,203
780
-1,397
662
24
August....
September.
-66
-120
44
108
October. .
November.
December,
-154
317
258
-1,015
479
-450
979
2,438
1,484
1,994
1,958
1,934
828
-191
540
23
168
1962- January. .
February.
-152
381
-145
-1,455
716
-212
866
2,743
1,828
2,322
2,027
2,040
1,137
-437
165
102
13
55
132
258
-279
2,461
1,587
4,053
1,867
1,591
455
-2,182
-43
1954.
1955.
1956.
1957.
1958.
1959.
1960.
1961.
1962 (Est.).
1963 (Est.).
IQftl-July
March
April.
May. .
2/
receipts and
Actual figures are from the monthly statement of
reporting bases,
expenditures of the Government (for explanation of
Budget document, released
see page II); estimates are from the 1963
legislation.
January 18, 1962, including effects of proposed
from both receipts
Certain intertrust fund transactions are excluded
issue of the Bulletin.
and expenditures beginning with the July 1961
For detail see Table 6.
„
^
j
Government-sponsored
Effective July 1, 1955, security transactions of
(net)
are included in deposit fund account expenditures
enterprises
Source"
1/
3/
V
,
2/
5/
2/
2/
602
173
1,085
567
71
1,023
-733
J/
2/
32
33
-21
in public debt
and excluded from net investment by Government agencies
of obligation
securities (see Table 4) and from net redemption or sale
Table 5). Figures for 1955
of Government agencies in the market (see
have been revised to the new classification basis.
Includes guaranteed securities beginning 1955 (see Table 4).
advances from
Adjusted for reclassification of certain repayments of
the general fund.
j j
,
^
only) are deducted
Beginning fiscal 1961, refunds of taxes (principal
expenditures.
from receipts; before that they were included under
Table 2.- Trust Account Receipts
(In millions of dollars)
Fed. Dis-
Fiscal year
or month
5,080
5,586
7,003
7,159
7,900
8,182
10,439
11,824
1954.
1955.
1956.
1T^7.
l'i-8.
1962 (Est.).
1963 (Est,).
1
ability
FOASI
Trust
Fund
12,143
14,120
Railroad
Retirement
Account
Ins.
Trust
Fund
August ....
1,106
1,165
1,81'-
Sept'jmber,
777
October. .
November.
December.
1962-January. ..
February.
March
April.
May.
236
1,278
1,425
1,728
1,912
1,855
1,997
2,703
3,803 1/ 6/
1,110
1,188
3,331
4,151
207
110
Government
Life
Insurance Fund
692
695
695
758
.,403
1,4'32
Ci82
Less:
Federal
employees'
retirement
funds
Other
trust
accounts
V
53
48
2/
515
24,761
27,748
473
498
24,288
27,249
1,013
3,312
1,493
12
51
86
1,002
3,292
1,478
259
231
256
102
81
71
908
2,455
1,487
19
18
585
711
779
3,001
3,250
1,013
1,002
123
197
103
61
58
trust
account
receipts
9,137
9,521
11,673
14,359
16,319
16,950
20,534
23,583 i/
253
269
268
60
1,482
2,134
2,185
2,644
2,800 j/
2,063
2,128
67
63
Net
Intertrust
fund
transactions 2/
Total
trust
accounts
^,155
9,536
11,685
14,369
16,329
17,084
21,442
24,098
V
457
44°
4o7
681
638
18
16
12
10
11
135
908
_
^
20
15
V
80
184
501
41
39
3
979
2,438
1,484
a
210
38
144
133
164
209
410
110
48
40
45
146
141
150
233
207
248
64
71
875
2,758
1,841
8
15
14
866
2,743
1,828
240
944
41
41
203
153
230
264
76
78
1,597
4,062
10
10
1,587
4,053
'
Ij
13
146
84
64
__
.
i/
See Table 1.
Source:
<,„«„, +ov^,; and from
Columbia receipts f™".*^^^\^"^j^™
1/ Includes principally District of
'*'"
Funds ^PP^°f
Federal contributions, loans, and grants;
.^f,^^^.'°
Indian t"^^^^^'^^'
President - mutual security trust funds;
i^^. and
^^eweight of the gold dollar ^^^
crement resulting from reduction in
Unemployment Insurance Administration ^^^/^^.^''^P^Table
the Railroad
treatment after November 1958, see
1954 through November 1958; for
published quarterly.
10,
detail
j„„i„rto,l in the ^'„"
These transactions are
6.
=/ For content see Table
deducted from
expenditures, but are ^^^^^.^f f
of both trust receipts and trust
^
^^f
the totals.
Highway
Trust
Fund
691
708
1,025
1,397
1,458
1,741
1,766
2,033
78
78
73
69
41
41
37
72 3
3
74
148
1,656
1,046
F'jnd
14
86
7C
339
943
938
1,071
1,083 5/
287
>61- July
National
Service
Life Insurance
619
590
649
608
640
634
643
663
737
700
739
V
Unemployment
Trust
Fund
6/
consisting mainly of
Excludes certain intertrust fund transactions
resulting in receipts and
financial interchanges between trust funds
expenditures (see footnote 2),
Revised, see Table 1, footnote 4.
Unemployment Tax
flsc^f 196l';ax receipts under the Federal
administration account In the
Ac! are transferred currently to an
Security Act of
Employment
Unemployment Trust Fund pursuant to the
see "Budget Re19607aSroved September 13, I960 (74 Stat, 970);
footnote 11.
ceipts and Expenditures," Table 1,
Z'r^Z
.
,
,
,
,
10
Treasury Bulletin
TRUST ACCOUNT AND OTHIE TRANSACTIONS.
Table 3.- Trust and DepoBlt Fund Account Expenditures
(In millions of do'-Iarij;
n.-.;r,tivf
f ignores
;,re
excess
jr-jji-j)
i:
Trust ^iccoun'
Fiscal year
or month
Federal Old-Age
and Survivors
Insurance Trust
Feder-] 1
Disability
Insurance
Trust Fiond
F'ind
195-;
Railroad
Retirement.
Account
3,405
1955
1956
1957
1958
1959
196C
1961
5,551
6,723
8,116
9,454
11,152
11,752 J/
Unemployment
Trust
Fund
1,745
1,965
1,393
1,644
3,148
3,054
585
611
682
730
778
1,136
1,124
1
181
371
571
746 2/
National
Service Life
Insurance
Fund
2,736
4,734
J/
Government
Life
Insurance
Fund
623
538
512
515
544
562
582
707
^
Federal
employees'
retirement
funds
Highway
Trust
Fund
Federal Hat ion-. 1
Mortgage Assoc. 1/
Financing by
ther
Tre.'isury
mentions
147
84
430
507
591
699
87
86
120
80
83
-93
-94
41
2fr-
92'*
IC.
1-
3
2.70°
94
792
896
955
3,049 2/
2,620 i/
-42
42
-16
94'.
-73
1962 (Est.)...
1963 (Est.)...
13,219
14,171
1,066
1,150
1,126
1,144
3,841
3,894
649
605
100
69
1,063
1,172
3,026
3,252
1961- July
August ...
September
995
1,030
1,051
77
94
103
249
141
39
34
32
85
5
86
85
232
298
284
-18
-20
30
41
53
October. .
November,
December.
1,046
1,065
1,009
91
89
86
303
290
227
-70
-83
58
76
91
84
1962-January. ,
February.
March
1,086
1,096
1,117
89
89
86
92
222
134
153
65
-32
8.,
1,134
1,137
94
91
91
93
178
April.
May
Trust
etc
Fiscal year
or month
78
79
84
Total
trust
accounts,
etc.
495
483
425
565
915
672
711
698
12/
12/
12/
7,327
8,489
9,197
12,743
16,159
13,605
21,903 2/
23,342 2/
1962 (Est.)...
1963 (Est.)...
867
859
25,813
26,786
1961-July
August ...
September
34
1,^23
October. ..
November,
December.
101
67
4
32
4
422
402
398
58
7
49
6
55
6
84
"5/
V
54
Investment in
public debt
securities
8/
170
548
39
460
-70
239
434
Redemption of
agency
obligations
in the market
8/
-269
-872
-86
167
-1,222
_72j
-195
Other
expenditures
-437
334
39
10
-620
1,277
479
-224
-153
191
-361
-500
-33
-41
-70
-305
10
-141
42
-76
274
400
-98
122
-200
-313
-16
-132
i
.
1,
''jO
-.•o
-72
342
-283
2/
V
i/
6/
7
-14
-121
56
229
224
-98
6
-5
15
-97
176
11/
IV
-46
132
-185
206
See Table 1.
Secondary market operations, as provided in the Housing Act of
1954,
approved August 2, 1954 (12 U.S.C. 1719). Funds provided by the
Treasury (-), or repaid to the Treasury, are shown in a separate
column (and correspondingly are reflected net in budget expenditures).
See Table 1, footnote 4.
See Table 1, footnote 5.
See Table 2, footnote 6.
Includes principally District of Columbia operating expenditures; Funds
appropriated to the President - mutual security trust funds; Indian
tribal funds; expenditures chargeable against increment on gold; and
trust enterprise funds (net).
The Railroad Unemployment Insurance
Administration Fund is included for the period 1954 through Tlovember
1958 (see Table 10, published quarterly), the Employees' Life Insurance
Fund (net) from. its establishment in August. 1954, and the Employees'
Health Benefits Fund (net) beginning 1961.
For content see Table 6. These transactions are Included In the detail
2/
8/
2/
12/
11/
•
Total
deposit
fund
accounts
-558
56 2/
238
216
-91
_9
-102
191
Total trust
and deposit
fund account
expenditures
6,769
8,545 a'
9,435
12,959
16,068
18,595
21,801 2/
23,533 2/
-10
35
10
Intertrust
fund
transactions 6/
Net trust
and deposit
fund
acco'jnt
expenditures 7/
18
16
12
6,751
8,530
9,423
10
i:j,950
11
135
515
16,057
18,461
20,893
23,018
473
498
25,317
26,393
908
25,790
26,891
1,884
12
1,872
2,068
2,218
20
2,C48
2,203
2,013
1,976
1,937
19
18
8
15
14
2,322
2,027
2,040
10
10
1,867
1,591
97
-9
-12
-4
Less:
-23
105
-45
25
89
-20
-30
-133
-136
48
-43
-78
38
-8
-68
2,330
2,041
2,053
358
-86
-351
1.876
1,601
31
-34
2 38
Source:
2/
-8
Other
deposit
fund
accounts
-16
126
170
180
58
2/
11/
11/
-77
205
-320
69
Total
-437
99
2,043
2,010
April
59
-6
27
Deposit f-ond accounts (net)
Government-sponsored enterprises
117
2,29^
2,050
2,121
1/
6
9
2,129
61
91
5
49
,>6
-ICr,
1962-January..
February.
March
May
36
32
31^'
a ccount
etc.
1954
1955
1956
1957
1958
1959
1960
1961
267
94
100
101
87
Other
trust
accounts,
4
103
102
86
82
142
(Cont.)
V
85
315
332
856
470
15
3
1,994
1,958
1,934
of both trust receipts and trust expenditures, but are deducted from
the totals,
Excludes certain intertrust fund transactions consisting principally
of financial interchanges between trust funds resulting in receipts
and expenditures (see footnote 6),
Excluded from deposit fund account expenditures and Included with
similar security transactions of other agencies (see Tables 4' and 5).
Includes security transactions of Government-sponsored enterprises
beginning 1955 (see Table 1, footnote 2).
Includes expenditures of the Federal intermediate credit banks which
were operated as trust fund enterprises from January 1, 1957, until
January 1959, when these banks were classified as Government-sponsored
enterprises.
The combined estimates for "Government-sponsored enterprises, other
expenditures" and "Other deposit fund accounts" are $491 million for
1962 and $414 million for 1963.
Less than $500,000.
n.a.
Not available.
i
11
June 1962
— TRUST
ACCOUNT AND OTHER TRANSACTIONS.
Table 4.- Net Inveetment by Government Agencies In Public Debt Securities
(In millions of dollars; negative figures are excess of sales)
Trust accounts
Fiscal year
or month
Total
2,054
1,362 i/
2,617 1/
2,300
197
-1,112
714
435
1954.
1955.
1956.
1957.
1958.
1959.
1960.
1961.
Total
tnist
accounts
Federal
Old-Age and
Survivors
Insurance
Trust Fund
1,688 2/
1,236
2,516 1/
2,263
106
-1,214
548
286
Federal
Disability
Insurance
Trust Fund
Railroad
Retirement
Account
Unemployment
Trust
Fund
552
494
285
1,522
1,241
1,463
220
-499
-1,290
-726
-225
202
141
121
36
-33
-35
264
-78
-248
-545
258
274
-1,255
-1,011
-41
-952
V
325
729
169
1,813
-120
1,470
-895
68
39
38
-22
19
-250
251
1961-July
August
September
-780
1,397
-662
-827
1,377
-635
-536
774
-353
-22
72
-11
-86
-19
-23
-128
439
-208
October. .
November.
December .
-828
191
-540
-847
210
-539
-667
-31
32
8
-369
-78
-90
-21
-47
-110
220
-106
-1,137
437
-13
-1,141
404
23
-828
357
-57
M
-69
-34
-16
-267
-35
-179
-455
2,182
-455
-319
-25
74
-73
-7
-259
1962 (Est.).
1963 (Est.).
.
. .
1962 -January
February.
Uarch. ..
.
April
May.
.
61
1,101
38
823
Public enterprise funds
Total
public
enterprise
funds
Fiscal year
or month
Federal
Housing
Administration
-77
1955.
1956.
1957.
1958.
1959.
1960.
126
101
95 7/
69
78
36
91
102
51
166
149
1962 (Est.)
1963 (Est.)..
53
62
97
289
12
343
79
47
2
20
-27
9
-32
October.
November
December
19
-19
-1
10
1962 -January.
4
12
1961-July
August
September
.
. 1
February
March.
April.
May.
.
Production
credit
corporations 1/
Federal
National
Mortgage
Association 6/
Federal
Savings and
Loan Insurance Corp
-86
1954.
1%1.
Federal
intermediate
credit
banks 1/
1
5
34
5
-36
-52
55
±
1
10
-2
-60
10
-40
25
6
14
15
5
10
13
15
18
19
17
18
34
239
271
Tennessee
Valley
Authority
National
Service
Life
Insurance
Fund
,
.
.
,
,
12
Treasury Bulletii
TOUST ACCOUNT AND OTHER TRANSACTIONS.
Table 5.- Net Redemption or Sale of Obligations of
Government Agencies In the Market
(In millions of dollars; negative figures are
excess of sales)
Securities guaranteed by the United States
Public enterprise funds
Fiscal year
or month
Total
Total
guaranteed
Federal
Farm
Mortgage
Corporation
W54.
195',.
-b02
-173
1.085
1956.
1957.
1958.
1959.
1960.
1961.
Federal
Housing
Administration
-30
-}]
6
-10
-29
-100
-10
-28
-81
-18^
-225
-18^
-1,231
1961-July
August....
September.
-108
October...
November.
December.
-28
-168
-lb
-16
-165
-102
-55
-31
March
April.
May,
- j_
.
-11
-21
- )3
,
C.
stadium
fund
6
-71
1,02 3
733
1962- January. .
February.
D.
-30
37
-30
-33
A
-'"'67
1962 (Est.;
1963 (Est.)
Home
Owners'
Loan
Corporation
Securities not guaranteed by the United Sta
Trust
enterprise
fund
-19
Total not
guaranteed
13
June 1962
TRUST ACCOUNT AND OTHER TRANSACTIONS.
Table 6.- Intertrust Fund Transactions Excluded from Both
Net Trust Account Receipts and Net Trust Account Expenditures
(In millions ot dollars)
Fiscal year
or month
Federal
Old-Age and
Survivors
Insurance
Trust Fund 1/
Federal Disability
Insurance
Trust
Fund ly' 2/
Railroad
Retirement
Account
1/2/
7
5
2
124
600
211
132
332
340
375
1962 (Est.).
1963 (Est.).
12
12
1961 -July
August ....
86
66
42
44
55
.
1962 -January.
February.
.
March
April.
May.
.
Railroad Retirement Account and the
trust
and Federal Disability I^-urance
which they
r.^Hr-n », to Dlace those funds in the position in
included
employment after 1936 had been
frilUelTs llTJae between the
^ ?erral Old-Age and Survivors
w^d
^^vrbe^n'if ranr^L
Old-Age and
S^!ud:rinL:rsron^a:o:::t:^:;i™.ursed to the.Federal
expenses
Insurance Trust Fund for administrative
to the Railroad
the balance in the
when ^"'ll°^'^\'^Z
Account in the Unemployment Trust Fund
Salvors
^I^ides tel^orary advances
32
11
19
14
September
October.
November.
December.
Federal
employees
retirement
funds 5/
District
of
Columbia 6/
2
12
10
1954.
1955.
1956.
1957.
1958.
1959.
1960.
1961.
y
y
Unemployment
Trust
Fund i/
18
17
7
14
Total
Ik-
Treasury Bulletin
.
CASH INCCME AND OUTGO
The cash income and outgo data ajpearlnt In the
Treasury Bulletin, beginning with the February 1956 laeue,
are on a baele oonsletent with receipts from and payments
to tne public as derived In the 1957 and subsequent Budgets
of the United States (In the Budget for I963 In Special
Analysis B). Reconciliation to cash deposits and withdrawals In the account of the Treasurer of the United
States Is shown on the same basis as In the Budget docuThere Is also shown the amount of net cash borrowing from, or repayment of borrowing to, the public.
By
these arrangements, data In accordance with the Budget
ments.
classifications are made available month by month.
Figures
for back years have been revised where necessary In order
to make them as nearly comparable with current Budget
classifications as available data will permit.
For this
reason certain of the figures differ somewhat from those
published In earlier Budget documents as well as In the
Bulletin.
The Budget series of cash transactions Is designed
to provide Information on the flow of money between
the
public and the Federal Ooverninent as a whole, and therefore
Includes transactions not cleared through the Treasurer's
account.
Receipts and payments Include transactions both
In budget accounts and In trust and deposit fund
accounts.
Operations of CJovernment-sponsored enterprises are included
,
In payments on a net basis as reflected
In Treasury reports.
v!aJor Intragovemmental transactions
which are reported as both expenditures and receipts are
eliminated
from both. Noncash items which represent accrued
obligations of the Government to make payments In the
future are
also eliminated from expenditures but are added
later when
actual payments are made.
Receipts from the exercise of
monetary authority are excluded as not representing
cash
received from the public. Federal cash borrowing
from the
public include* net borrowing by the Treasury
through
public debt transactions and also net borrowing by
Government agencies and Government-sponsored enterprises
through
sales of their own securities.
It excludes changes In the
public debt which do not represent direct cash
borrowing
from the public. The net effect of all these
transactions
with the public Is reflected In changes In the
balance
in the Treasurer's account and In cash held
outside the
Treasury.
Cash transactions through the Treasurer's account
are similar In general concept to those Included
In the
Budget series, but are limited In coverage to
trrjisac-
tlons which affect the balance In that account.
On the
other hand, they Include receipts from the exercise
of
monetary authority, which are excluded from receipts
from
the public In the Budget series.
15
Jane 1962
,
CASH INCCME AND OUTGO
,
Table 1.- Summary of Federal Government Cash Transactions with the Public
(In millions of dollars)
Net cash transactions with the public
other than borrowing
Fiscal year
or month
Federal receipts from
the public 1/
Excess of
receipts, or
payments (-)
Federal payments to the
public 1/
Net cash
borrowing from
public, or
the
repayment (-)
Plus:
RePlus:
ceipts from
exercise of
2,512
1,809
-4,366
-3,100
5,760
8,678
1,821
698
111,147
114,804
-8,524
1,810
7,801
-1,849
-4,109
-1,195
1,970
4,167
8
939
7
9,385
9,218
8,576
-5,512
-663
292
2,775
707
9
30
8,726
8,967
8,263
-2,758
600
2,422
1,243
53
-1,193
2
7,060
10,850
9,074
9,160
-2,014
1,690
1.482
133
98,087
-9,277
3,872
October. .
November.
December.
8,554
8,868
5,968
1962 -January...
February,
March
257
-312
-202
3
563
Cash held outside
Treasury, increase,
or decrease (-)
67
40
7,902
10,552
8,266
Treasurer's account
balance, increase,
or decrease (-)
73
29
23
49
9,567
10,685
August ....
September.
-232
-2,702
4,471
2,099
-1,520
-13,144
777
-2,286
3,793
9,357
10,236
1961 -July
71,858
70,537
72,616
80,006
83,412
94,804
94,301
99,528
102,623
116,614
1962 (Est.).
1963 (Est.).
April.
May.
Change in cash balances
2,096
monetary
authority
71,626
67,336
77,087
82,105
81,892
81,660
95,078
97,242
1954.
1955.
1956.
1957.
1958.
1959.
1960.
1961.
Equals:
-551
331
-956
4,159
-4,399
2,654
-1, 311
59
44
53
55
5
140
-23
-4
-222
-694
38
-101
-572
2,936
163
-52
-20
7
-2,759
63
234
30
-17
95
6
-1, 513
3
644
1,293
4
12
-62
4
-924
2,145
-319
54
1,446
229
3
3
395
.
3,811
1962 to date
10,
_L
statement of receipts
Actual figures are based on the monthly
Source:
(for explanation of reporting
and expenditurls of the Government
the 1963 Budget document
bases see p^e II); estimates are from
effects of proposed legislation.
refeased Janufry 18 1962, including
Table
2-
1/
published prior to the
Figures in this column differ from those
exclusion of a few
September 1960 Treasury Bulletin because of the
also budget expenditures
additional items of budget receipts which are
(see Tables 3 and 4).
Account of the Treasurer
Summary of Cash Transactions through the
States
of the United
(In milllona of dollars)
borrowing
Net cash transactions other than
Fiscal year
or month
Cash
deposits
Cash
withdrawals
Excess of deposits,
or withdrawals (-)
^
Net cash borrowPlus:
ing, or repayment of
borrowing (-)
Treasurer
Equals
account balance, increase, or decrease (-)
'
:
71,815
67,758
77,079
81,875
82,094
81,612
94,862
96,897
71,974
69,888
71,984
79,183
83,188
94,042
93,508
98,284
-159
-2,130
5,096
2,692
-1,094
-12,430
1,353
-1,387
2,255
1,579
-4,765
-3,648
5,253
8,032
1,301
76
2,096
-551
331
-956
4,159
-4,399
2,654
-1,311
111,185
114,804
-8,495
1,849
7,801
-1,849
-694
102,690
116,654
3,621
10,120
9,679
7,831
11,159
7,639
-4,210
-1,040
2,040
4,108
467
896
October.
November.
December.
3,605
9,302
7,851
9,124
9,863
7,602
-5,519
-561
248
2,761
624
-14
1962- January.
February.
March
6,327
9,501
11,632
9,062
8,810
9,064
-2,734
691
2,568
1,222
-47
1954.
1955.
1956.
1957.
1958.
1959.
1960.
1961.
1962 (Est.).
1963 (Est.).
1961 -July
August ....
September
.
.
April.
May.
8,286
9,745
6,009
11,837
-1,275
-2,277
2,091
1,354
-8,703
10,150
54
.
1962 to date.
89,484
proposed legislation.
1962, including effects of
98,187
Figures
-101
1
.. . .
.. ) .
,
16
Treasury Bulletin}
—
CASH INCOME AND OUTGO
Table 3.- Derivation of Federal Government Receipts from the
Public, and Reconciliation to
Cash Deposits In the Account of the Treasurer of the United
States
(In millions of dollars)
Receipts (net)
Fiscal
year
or month
Trust
account
Budget
Less:
1.,
Deductions from receipts
Excess
profits
tax refund
bond redemptions
Intragovern
mental
transactions
(See Table
Total
1/
5)
i/
Equals:
Federal
Receipts
from
exercise of
monetary
authority 2/
receipts
from the
public
Total deductions
V
V
Reconciliation to cash transactions in Treasurer's account
Adjustment for
Plus:
Receipts net difference
from exercise
due to reportof monetary
ing method (see
authority 2/
also Table 4)
Equals:
Cash
deposits
in the
Trea surer
account
1/
1954
1955
1956
1957
64 ,420
60,209
67,850
70,562
68,550
67,915
77,763
77,659
1958,
1959
1960,
1961,
9,137
9,521
11,673
14,359
16,319
16,950
20,534
23,583 6/
73,557
69,729
79,523
84,921
84,869
84,865
98,298
101,243 6/
y
2,767
2,917
V
1,858
1,865
2,412
73
1,931
1,894
29
23
49
2,436
2,816
2,976
59
44
53
3,161
3,167
3,946 6/
6,367
8,945
1,002
3,292
1,478
3,984
9,659
10,423
67
40
3,765
3,636
102,623
116,614
3,793
9,357
10,236
248
308
3,872
8,554
8,868
9
745
7
-1,024
256
-96
247
5,968
9,567
10,685
6
354
3
-69
7,060
10,850
188
294
180
Dec
1962-Jan
Feb....
Mar
Apr
May.
.
.
.
.
.
979
2,438
4,120
8,862
9,451
5,357
6,729
9,104
866
2,743
1,828
5,754
7,024
1,587
239
304
577
6,224
9,472
10,932
1,484
250
-98
245
7,341
11.076
71,815
67,758
77,079
81,875
82,094
81,612
94,862
96,897
-276
3
583
281
226
1961-July.
Aug...
Sept..
3,141
6,424
7,y67
142
-93
-269
-400
55
3,698
3,596
.
59
3,205
3,220
4,001 6/
6
106,388
120,249
,
-106
-31
-279
7
24,288
27,249
Nov,
115
29
23
49
3
82 100
93,000
Oct
73
192
302
187
1962 (Est.)
1963 (Est.
,
71,626
67,836
77,087
82,105
81,892
81,660
95,078
97,242
3
2
279
222
44
53
55
67
40
102,690
116,654
-175
3,621
10,120
9,679
755
-564
3,605
9,302
7,851
2
945
6,327
9,501
11,632
3
-1,054
982
6,009
11,837
4
Source:
See Table 1.
Details of basic receipt figures appear in
preceding sections in the Bulletin.
Footnotes follow Table
7.
Table 4.- Derivation of Federal Government Payments
to the Public, and Reconciliation to
Cash Withdrawals from the Account of the Treasurer of
the United States
(In millions of dollars)
Less:
Deductions
from expenditures
Expenditures
Intra-
Fiscal
year
or month
Budget
1/
Trust
and
deposit
fund
account
govemGovernmentsponsored
enterprise
(net) 2/
Total
1/
mental
transactions
(See
1/'
Table 5)
Accrued
interest
and other
noncash
expenditures
(See Table 6)
Reconciliation to cash transactions
in the Treasurer's account
Equals:
Federa
payments
to the
public
2/
^
1954
1955
1956
V
V
67,537
64,389
66,224
68,966
71,369
80,342
76,539
81,515
1962 (Est.).
1963 (Est.).
1961-July.
Aug
Sept .
.
.
Oct
Nov.
Dec
1962-Jan
Feb
Mar.
Apr
May
.
. .
.
.
.
.
.
89,075
92,537
25,317
26,393
6,322
7,631
6,771
1957
1958
1959
1960
1961
7,186
8,531
9,424
12,951
16,059
18,462
20,891 6/
23,016 7/
1,872
2,048
2,203
7,796
7,485
7,160
1,994
1,958
1,934
7,395
6,858
7,749
7,289
7,229
-435
98
V
74,288
73,017
75,972
81,962
86,799
100,095
97,917 6/
104,295 2/
1,858
1,865
2,412
2,767
2,917
3,161
3,167
3,946 7/
514
309
114,906
119,239
124
176
188
68
-64
572
615
943
-811
Less:
Payments to the public not
reflected in the Treasurer's account
From cash
held outside
the Treasury
From proceeds of sales
in the market of agency
obligations and public
debt securities (See
Table 7)
821
71,858
70,537
72,616
80,006
83,412
94,804
94,301
99,528
3,698
3,596
61
838
111,147
114,804
-38
8,319
9,855
9,163
188
294
180
229
-991
717
7,902
10,552
8,266
-163
59
52
96
43
9,858
9,379
9,371
239
304
577
234
-143
219
9,385
9,218
8,576
-30
277
2,322
2,027
2,040
-302
-51
-142
9,415
8,834
9,646
250
-98
245
439
-35
1,138
8,726
8,967
8,263
-4
-12
1,867
1,591
246
9,402
9,019
27':"
50
-363
9,074
9,160
Adjustment
for net
difference
due to
reporting
method
(See also
Table 3) 1/
324
45
-629
1,290
487
-236
199
222
Source:
See Table 1.
Details of basic expenditure figures appear In
preceding sections in the Bulletin.
470
2,131
449
-257
312
202
-5
-140
23
4
222
20
256
230
399
549
506
646
520
622
115
-106
-31
-279
142
-93
-269
-400
Equals:
Cash
withdrawals
from
the
Treasurer's
account
71,974
69,888
71,984
79,183
83,183
94,042
93,508
98,284
111,185
114,804
-175
755
-564
7,831
11,159
7,639
-276
9,124
9,863
14
83
44
-1,024
7,602
62
22
99
81
354
-69
945
9,062
8,810
9,064
-395
319
129
79
-1,054
982
8,286
9,745
17
-95
Footnotes follow Table 7.
745
'
s
1
17
Jane 1962
CASH INCCME AND OUTGO
Table 5.- Intragovernmental Transactlonp Excluded from Both Receipts and Payments
(In millions of dollars)
Fiscal year
or month
1954.
1955.
1956.
1957.
1958.
Budget receipts which
are also
trust fund
expenditures
1/
5
8
430
439
574
644
662
167
166
521
695
681
1,315
1,327
1,404
9
10
10
746
747
841
846
819
1,619
1,417
1,518
10
10
863
860
1,324
1,119
3,698
3,596
4
23
24
61
73
73
120
186
188
294
180
36
31
125
5
20
311
71
62
80
239
261
69 7/
80
85
1961-July
August ....
September.
October, .
November.
December,
1962-January, ,
February.
March
April.
May.
.
Total
Payroll
deductions for
employees'
retirement j/
221
1962 (Est.
1963 (Est.
Trust fund receipts which are
also budget expenditures
Interest
on uninvested
trust
funds
81
102
IDA
1959.
1960.
1961.
Budget receipts
which are also
Government
sponsored
enterprise
expenditures
2/
7
Interest on
investment i
public debt
securities
1,188
1,173
1,207
1,318
1,342
6
8
71
29
67
12
73
43
46
71
77
Other
74
1,858
1,865
2,412
2,767
2,917
6/
3,161
3,167
3,946
2/
,
. ..
,
-
.
.
,
)
18
Treasury Bulleth\
CASH INCCME AND OUTGO
1
Table 7.- Derivation of Federal Government Net Cash Debt
Transactions with the Public
and Reconciliation to Net Cash Debt Transactions through
the Account of the
Treasurer of the United States
(Net borrowing, or repayment of borrowing (-); in raillions
of dollars)
Change in public debt and agency obligations held by the
public
Plus:
Net sale of obligations
of Government enterprises in
Fiscal year
or month
Public debt
increase, or
decrease (-)
195*
Public and
trust enterprise funds
5,189
3,115
-1,623
-2,224
5,816
8,363
1,625
1955
1956
1957
1958
1950
196C
1961
Less:
Net investment in Federal
securities by Government agencies
the market
Government
sponsored
enterprises
-14
602
173
1,085
567
Trust funds
11
Governmentsponsored
enterprises
446 1/
171
549
41
461
-68
236
432
Public
enterprise
funds
1,686 1/
1,236
2,516 2/
2,262
105
-1,215
551
289
Equals:
-77
126
101
Increase in
securities
held by the
public, or
decrease (3,130
2,454
-3,743
-3,392
5,560
10,837
2,418
1,234
2,640
1,023
-733
269
872
86
-167
1,222
723
195
1962 (Est.)...
1963 (Est.)...
6,399
-450
1,231
709
361
500
-120
1,470
289
343
-155
191
7,977
-1,245
1961- July
August ...
September
3,433
1,310
35
24
32
108
41
70
305
-827
1,377
-635
47
20
-27
-83
-106
117
October.
November,
December.
4,362
121
993
1,911
1,350
-842
3i
28
168
-10
141
-42
-847
210
-539
19
-19
-1
-77
205
-320
2,839
1,124
144
345
470
165
102
98
-122
400
1,345
34
55
200
-1,141
404
23
4
-896
-36
-72
342
-970
-454
2,127
*
-283
55
-14
1962- January. .
February.
March
April
864
2,222
May
Less:
Net
Fiscal year
or month
71
accrued
interest
on
savings
bonds and
Treasury
bills J/
1954
1955
1956
1957
1958
1959
1960
1961
388
254
801
341
222
1962 (Est.)...
1963 (Est.)...
500
575
1961- July
August . ,
September
150
28
October.
November.
December.
71
33
51
94
-37
185
-149
84
1,522
218
Deductions for noncash and other transactions
Issuance of public debt securities representing expenditures, or refunds of receipts
^
Equals:
Net cash
Special notes to
Armed
Adjusted Forces
service leave
bonds 2/ bonds
-U
497
456
-43
-21
36
91
102
166
-8
-7
-6
-4
International
Monetary
Fund
V
International
Development
Association
^
109
156
175
-674
-450
1,361
259
258
-50
^
58
-300
Inter-American
Development
Bank
Total
deductions
borrowing
from the
public, or
repayment
(-)
618
644
623
-292
-200
not
reflected
In
the
Treasurer'
account 2/
Equals:
Net cash
borrowing
through
the
Treasurer's
account, or
repayment (-)
536
2,512
1,809
-4,366
-3,100
5,760
8,678
1,821
698
174
604
7,801
-1,849
195
-442
4,167
59
563
939
96
43
4,108
467
896
114
2,775
707
30
14
83
44
2,761
624
-14
2,160
597
25
30
45
-470
-17
6
308
20
Excess
profits
tax
refund
bonds 6/
Less:
Transactions
54
25
58
64
417
256
230
399
549
506
646
520
622
2,255
1,579
-4,765
-3,648
5,253
8,032
1,301
76
7,801
-1,849
1962- January. .
February,
100
2
10
102
1,243
22
March
14
21
209
31
53
99
1,222
-47
223
-1,193
81
-1,275
?9
1,482
133
129
79
1,354
April
3°
May
27
Source:
See Table 1.
30
85
Footnotes on following page.
54
Jttfie
19
1962
_ CASH
INCCME AND OUTGO
Footnotes to Table 3
2/
J/
Figures in this column differ from those published prior to the
of
September 1960 Treasury Bulletin because a few additional items
in
budget receipts which are also budget expenditures are included
and budget
the interfund transactions deducted from budget receipts
expenditures (see footnote l).
from
Adjusted for reclassification of certain repayments of advances
the general fund
taxes appliBeginning fiscal 1961, principal amounts for refunds of
account
cable to trust accounts, formerly included with trust
expenditures, are deducted from trust account receipts.
Less than $500,000.
4/
revised In the September 1960
All previously published figures were
certain Interfund transBulletin to take account of the deduction of
budget expenditures; and
actions from both net budget receipts and
for certain Intertrust fund
also in the July 1961 issue, deductions
trust account
transactions from both trust account receipts and
Formerly such transactions
eicpenditures (see pp. 2, A, 9, and 10).
transactions which were
were included in the intragoverranental
the public.
deducted in deriving receipts from and payments to
receipts when issued and
Treated as noncash refund deductions from
redeemed.
as cash refund deductions when
resulting from reduction
Consists of seigniorage and the increment
dollar; excluded from receipts from the
in the weight of the gold
Treasurer's account.
public but Included in cash deposits in the
1/
5/
6/
•
Footnotes to Table 4
m
the market and net
securities and sale of agency obligations
the combined net of
receipts from operations are shown in terms of
agency obligations
investment in Federal securities and redemption of
in the market.
2/ See Table 3, footnote ^.
l/ See Table 7, footnote 1.
,
j
„„„^i
receipts representing acquired securi5/ Does not include revolving fund
ties amounting to $1,643,070 (par value).
b/ See Table 3, footnote 5.
2/ See Table 3, footnote 6.
See Table 3, footnote 1.
^ v
j„
as measured by funds
Net operating expenditures, or receipts (-),
transactions reflected in
provided by or applied to net security
these GovernmentTreLury reports (see Table 7). To a large extent,
their operations by direct
sponsored enterprises secure funds for
Federal securities which they
borrowing from the public or by cashing
received from operations to
hold and they apply the net Income
Federal
investment
repa^m^t of borrowing from the public or to
for operations are shown
securities. On that basis, net expenditures
in Federal
terms of the combined net of disinvestment
tois table
1/
2/
/-
m
in
in
Footnotes to Table 5
expenses by the Federal
Includes reimbursements for administrative
Disability
Old-Age and Survivors and the Federal
Trust ^^'^'^^^'^l^^.^
Funds! and beginning 1961, the Unemployment
^^^' J^^''Y''T'Z
(highway) through
employment and certain excise taxes
Tr refunds of
of Columbia; Federal
1960; reimbursement by the District
fiscal
of dividends interest etc
National Mokgage Association for payment
Federal -*^™^^-*^^^=^^*
under secondary market operations; and
capital stock to the Treasury
bank franchise tax and repayment of
after December 1956 and before January 1959
„„,..tw^,
banks for <=°°Pf
=,
„.
Consists of payment of franchise tax by
credit banks beginand also by Federal intermediate
beglmli 1955
1/
retirement funds representing
Consists of payments to employees'
shares of contributions
Snited States Sd Government corporation
(for creditable military
na^ents to ?hrRallroad Retirement Account
life Insurance funds
sl^Te) the Unemployment Trust Fund, veterans' technical services and
^d, trust fund for
JuSIcial'sur^ivorrAn^ity
agricultural conservation progra^, and
other assignee under the
i/
.
i/
«"f
2/
^
^
^
^^
salaries paid by
small amounts of deductions
enterprises. Beginning with
trust funds and Government-sponsored
from salaries of District of
fiscal vear 195S excludes deductions
year 1959 excludes
Co^^bia e^loyees, and beginning with fiscal
voluntary contributions.
''.^lAT'rVl.ulX
see Tables 3 and 4.
See Table 3, footnote 5.
See Table 3, footnote 6.
Less than $500,000.
6/
2/
Footnotes to Table 6
interest paid on
on savings bonds and bills less
1/ Accrued discount
savings bonds and bills redeemed.
w:>5,
due and accrued beginning June 30,
2/ Public debt Interest
and reporting from a
effective date of the change in accounting
ny
consist
accrual basis; ^-^"^4
due a^d ^a^We basis
mere
coupons outstanding, nex
public debt interest checks and
of
of Issuance of the securi?refterarni;c;sh expenditures at the time their redemption; net
at the tl^e of
ties a^d as cash exp^ditures
issuance, or reden?)tion (-).
^„t i r^ ^t>i et held
exchange for adjusted
A/ Issued li 1936 in
-^"^"."J^f^"'""
matured in 1945.
of World War I. The bonds
by veterans
5/
6/
to^
2/
accumulated leave.
Issued in 1947 in payment for
ZZ Tf'Sf UnUed'kates
^neta^ F^d,
The last of these
subscriptions to the International
Association and the
the International Development
nonnegot lable
paid
ta?er-AmericaA Development Bank were
States P^^^^le on demand
nonlntt^e^t-bearing notes of the United
Expenditures," Table 3, '^°°™°*^.;';"See "Budget Receipts and
j,_^
other
in transit, and changes in
Checks outstanding less deposits
Increase, or decrease l-K
accounts; net
Less than $500,000.
m
.
Footnotes to Table 7
Interest paid on savings bonds
principal of the public debt, less
1/
g/
in this table, in accordance ^^^^llllX'^lllXT-sTonZT.' '^rZl
by °°!^"™™\^P
investment in United States securities
rded as
other
prises includes a small amount by
^"^^^'^^^j^^^^fff under
„P^^^
transactions
'representing net
^'^^.^f
'"^^^f these amounts are ilJ^luded
"Trust Account and Other Transactions,
with other trust accounts.
securities amounting
representing „„n,,lrpd
Does not Include i-estments
to
securiui
donation 01 -^^f^^//=J^^,l„g
to $1,643,070 (par value) and
the
$45,800 (par value).
.
^
„„h bills, which is Included in
and
Accrued discount on savings bonds
vm^
2/
V
V
6/
^y
«
^EXred^rrrborfowinTb^cause The transactions
IStudedTom'^orroiU-because
as
the transactions are treated
rrre"ranfa:urr;ublirdebt';ecuritles
Less than $500,000.
are treated as
and agency obligations.
1
..
.
.
20
Treasury Bulletin 1
.
ACCOUNT OF THE TREASURER OF THE UNITED STATES
Source and Availability of the Balance In the Treasurer's Account
The account of the Treasurer of the United States
account to the tax and loan account In the same "bank.
On
reflects not only budget receipts and expenditures but
occasions, to the extent authorized by the Treasury,
also trust, deposit fund, and public debt transactions.
banks are permitted to deposit In these accounts
The working cash of the Treasury is held mainly In
Treasurer's accounts with Federal Reserve Banks and
proceeds
from subscriptions to public debt securities
entered for
their own account as well as for the account of
their
customers.
branches.
As the balances In these accounts become dethey are restored by calling in (transferring)
funds from the f&x and loan accounts with thousands
of
commercial banks throughout the country.
pleted,
Deposits to tax and loan accounts occur in the
normal course of business under a uniform procedure
applicable to all banks whereby customers of
with them tax payments and funds for the
Government securities.
In most cases the
Involves merely the transfer of money from
I
The tax and loan account system permits the Treasury
to leave funds in banks and In the comaunltles
In which
they arise until such time as the Treasury needs
the funds
for Its operations.
In this way the Treasury la able
to neutralize the effect of Its fluctuating
operations
on bank reserves and the economy.
banks deposit
purchase of
transaction
a customer's
A detailed description of the Treasury's depositary
system may be found In the Annual Report of the
Secretary
of the Treasury for 1955, pages 275-2S14..
Table 1.- Status of the Account of the Treasurer of the United
Statee
(In millions of dollars)
Assets
End of
fiscal
year or
month
Treasury operating balance
Available
funds in
Federa
Reserve
Banks
195^
1955
1956
875
380
522
1957
1958
498
410
Tax and loan
accounts in
special
depositaries
497
493
501
489
401
6,207
5,239
5,656
5,069
9,030
3,744
101
106
109
4,380
7,068
535
5a;
1%1
6,458
408
5,453
.
October.
November
December.
.
1962-^anuary.
February.
March....
April
May
Silver,
coin, and
currency
191
etc.
depositaries
Total
assets
520
500
438
7,243
6,362
6,712
440
287
365
6,037
9,990
306
253
179
63
58
64
273
337
222
429
5,969
375
335
180
182
101
5,751
234
415
543
348
5,287
4,745
7,754
148
108
122
5,850
5,397
8,225
225
502
4,834
4,930
5,157
117
109
118
117
403
3,552
4,172
5,568
569
526
4,150
6,623
362
449
In other
274
343
421
302
5,165
489
465
In Federal
Reserve
Banks in
process of
collection
50
93
37
37
49
58
Liabilities
1/
476
146 2/
166
447
240
6,766
6,216 2/
6,546
5,590
9,749
5,451
8,092
6,769
100
87
75
5,350
8,005
6,694
296
6,531
119
6,411
346
331
6,660
6,084
9,031
67
6,593
6,020
8,956
51
U5
172
60
198
375
5,452
5,528
5,740
180
173
181
56
58
81
183
154
173
394
414
6,265
6,327
5,566
68
66
3'91
209
210
186
104
52
72
259
291
239
456
428
443
5,059
5,705
7,029
77
117
4,031
4,725
6,088
110
117
121
4,836
7,271
171
170
58
102
519
238
504
435
6,089
8,216
75
104
Source:
Daily Treasury statement.
Consists of Treasurer's checks outstanding, reserve and other
deposits
of Board of Trustees of the Postal Savings System, uncollected
items,
exchanges, etc., beginning December 1954; prior to that time
included
also Post Office Department and Postmasters' disbursing accounts
(see
footnote 2).
Beginning December 1954, Post Office Department and Postmasters'
Balance in
account of
Treasurer
of U. S.
190
V
2/
Unclassified
collections,
187
159
190
259
485
1961- July
August
September
.
Total
operating
balance
4,836
4,365
4,633
4,082
8,218
1959
1960
1960-Deceiiiber
Gold In
Treasury
fund
64
75
72
79
94
6,197
6,261
6,494
4,981
5,626
6,919
5,995
8,141
disbursing accounts are no longer treated as liability accounts of
the Treasurer of the United States, but are classified and treated
in the same manner as other disbursing accounts, in accordance
with
the change in method of reporting Post Office transactions (see
"ftadget Receipts and Expenditures," Table
An adjustment of
3).
-*207 million in the balance in the Treasurer's account (and in the
"clearing account") reflects this change.
21
Jane 1962
,
ACCOUNT OF THE TREASURER OF THE UNITED STATES
,
Table 2.- Analysis of Changes In Tax and Loan Account Balances
(In millions of dollars)
Balance
Credits
During period
Proceeds from sales of securities 1/
Fiscal year
or month
Savings
bonds
Savings
notes
Tax
anticipation
securities
Other
3,810
2,976
.958.
2,82-4
sL959.
[960.
2,668
2,679
2,787
"L961.
'I960- December.
58,520
57,496
55,842
62,994
54,782
56,847
3,744
6,458
5,453
8,055
6,458
7,653
912
1,390
1,161
3,638
4,103
4,151
1,561
5,026
4,379
5,165
5,362
2,084
3,809
1,368
4,158
3,515
37
5,076
4,393
7,422
5,242
4,934
4,413
5,287
4,745
7,754
5,360
5,291
7,754
2,010
3,808
2,408
3,739
4,582
4,277
3,229
4,143
5,256
6,U9
4,047
5,029
4,834
4,930
5,157
7,344
5,460
5,512
4,834
4,074
2,171
5,924
4,873
3,869
2,764
4,599
5,920
4,369
3,979
4,523
3,552
4,172
5,568
5,197
4,200
6,184
2,201
2,484
1,880
3,213
3,500
4,116
2,734
4,826
4,152
2,353
4,150
6,623
5,032
1,531
4,616
6,064
222
3,442
1,453
4,370
3,872
1,139
1,377
4,619
2,457
1,320
3,919
3,491
220
210
207
basis of
Office of Fiscal Assistant Secretary; figures are on
Source:
telegraphic reports.
^.
,
,
„
payment in the form ol a
1/ Special depositaries are permitted to make
the purchase price of U. S. Ciovemment obligations
deposit credit for
account of their
purchased by them for their own account, or for the
this method of
customers who enter subscriptions through them, when
inviting subpayment is permitted under the terms of the circulars
.
m
39,
1,243
30
1,539
29
1,828
7
UO
7,129
3,U9
Federal InMarch 1948; taxes on employers and employees under the
under the
surance Contributions Act beginning January 1950, and
-.
scriptions to the issues.
^
taxpayers
by ^
Taxes eligible for credit consist of those deposited
follows: Withheld income tax beginning
the depositary banks, as
,
2/
3,870
3,991
3,373
2,987
3,246
5,919
6,053
9,142
980
.
1,649
1,910
1,103
813
1,078
29,190
33,059
34,511
301
229
April.
May.
7,493
7,299
5,486
6,078
8,869
45,448
55,044
1,654
. .
4,836
4,365
4,633
4,082
8,218
39,879
42,545
38,871
46,000
50,908
226
224
225
February.
March.
Average
41,644
42,074
October
November.
December.
1962-Januflry.
Low
4,791
2,967
4,611
4,152
7,903
229
235
208
.
High
19,898
20,538
23,897
26,709
27,881
August ....
September.
.961- July
End of
period
13,164
7,920
1,788
7,581
7,784
7,613
955.
Total
credits
3,242
,957.
.956.
2,333
Income (by
special
arrangement ) ji/
4,304
8,167
786
6,568
13,513
6,861
5,977
6,035
5,043
2,922
3,457
95-4.
Withheld
and
excise 2/
Withdrawals
3/
number of
Railroad Retirement Tax Act beginning July 1951; and a
excise taxes beginning July 1953.
authorization may
Under a special procedure begun in March 1951,
of them, made by
be given for income tax payments, or a portion
depositary bank, to
checks of ?10,000 or more drawn on a special
that bank. This probe credited to the tax and loan account In
periods of heavy
cedure is followed during some of the quarterly
tax payments.
..
.
.
.
,
,
.
22
Treasury Bulletin
DEBT OUTSTANDING
Table 1.- Summary of Federal Securities
(In millions of dollars)
Total outstanding
End of
fiscal
year or
month
Public
debt 2/
Total 1/
Interest-bearing debt
Guaranteed
securities
Matured debt and debt bearing no interest
Public debt
Guaran-
Public
debt
Special notes to -
teed
securi-
ties
Total
Matured
2/
1954
1955
1956
1957
1958
1959
1960
1961
271,341
274,418
272,825
270,634
276,444
284,817
286,471
289,211
271,260
274,374
272,751
270,527
276,343
284,706
286,331
288,971
81
44
74
107
101
111
140
240
268,990
271,785
269,956
268,592
274,798
281,944
283,380
285,911
268,910
271,741
269,883
268,486
274,698
281,833
283,241
285,672
International national
Monetary Development
Fund
Association
Inter-
80
43
2,351
2,634
2,869
2,042
1,646
2,873
3,090
3,300
73
106
101
110
139
240
2,350
2,633
2,868
2,042
1,646
2,873
3,090
3,299
589
666
529
597
476
445
349
437
1,411
1,567
1,742
1,068
618
1,979
2,238
2,496
^
InterAmerican
Development Bank
58
Guaranteed
securities 2/
(matured)
Other
502
477
460
444
430
417
407
396
1960-Deoember
290,373
290,217
156
286,975
286,820
155
3,397
3,396
469
2,469
58
401
1961-July
August
September
292,643
293,964
294,020
292,404
293,714
293,750
239
249
271
289,235
290,907
291,043
288,998
290,659
290,773
237
248
270
3,407
3,057
2,978
3,406
3,056
2,977
315
436
375
2,541
2,071
2,054
58
58
58
493
491
490
October.
November.
December.
295,959
297,325
2%, 499
295,660
297,011
296,169
299
293,007
293,918
293,019
292,709
293,604
292,689
298
2,952
3,407
3,480
2,951
3,407
3,480
321
410
463
2,060
2,368
2,388
58
115
115
25
25
25
488
488
488
1962-January.
February,
296,860
297,354
296,489
296,513
296,983
296,088
293,111
293,549
292,485
344
369
402
293,455
293,919
292,885
400
3,405
3,436
3,605
3,403
3,434
3,603
385
396
356
2,390
2,411
2,620
115
115
115
25
25
25
487
487
487
297,357
296,952
299,174
405
,30
293,765
295,948
293,361
295,519
404
429
3,592
3,656
3,591
3,655
343
351
2,620
2,648
115
115
25
55
487
486
.
.
March
April
Ma y
299, 60h
315
330
347
371
3U
330
Source: Dally Treasury statement.
1/ Includes certain obligations not subject to statutory limitation. For
amounts subject to limitation, see page 1.
2/ Includes debt incurred for advances to certain wholly owned Government
agencies in exchange for which their obligations were issued to the
2/
Treasury (see Table 6).
Held outside the Treasury.
^
V
6/
»
Consists of Federal Housing Administration debentures, and also D. C.
Armory Board stadium bonds beginning July 1959.
Special notes of the United States issued to the International Monetary
Fund, the International Development Association, and the Inter-Amerioan
Development Bank in payment of part of the U. S. subscription to each
(see "Budget Receipts and Expenditures," Table 3, footnote 10).
For current month detail, see "Statutory Debt Limitation," Table 2.
Less than *500,000.
Table 2.- Computed Interest Charge and Computed Interest Rate on Federal Securities
(Dollar amounts in millions)
Total interest-bearing securities
End of
fiscal year
or month
Amount
outstanding
Computed annual
interest charge
Public debt
and guaranteed securities 1/
Public
debt
1957
1958
268,990
271,785
269,956
268,592
274,798
268,910
271,741
269,883
268,486
274,698
6,300
6,388
6,952
7,328
7,248
6,298
6,387
6,950
7,325
7,245
1959
1960
1961
281,944
283,380
285,911
281,833
283,241
285,672
8,069
9,320
8,769
1960-Deoember.
286,975
286,820
1961-July
August
September.
289,235
290,907
291,043
288,998
290,659
290,773
October.
November.
December
293,007
293,918
293,019
292,709
293,604
292,689
1962-January.
February.
293,455
293,919
292,885
293,765
295,948
1954
1955
1956
.
.
.
.
.
.
March
April
May
Public debt
and guaranteed securities 1/
Computed annual interest rate
Public debt
Total
interestbearing
securities
Total
public
debt
Total
2/
2.342
2.351
2.576
2.730
2.638
2.342
2.351
2.576
2.730
2.638
2.043
2.079
2.427
2.707
2.546
8,066
9,316
8,761
2.867
3.297
3.072
2.867
3.297
3.072
2.891
3.449
3.063
8,981
8,976
3.137
3.137
8,849
8,950
8,993
8,841
8,942
8,984
3.065
3.082
3.096
3.065
3.082
3,096
9,059
9,160
9,167
9,049
9,150
9,156
3.098
3.123
3.135
293,111
293,549
292,485
9,238
9,326
9,382
9,226
9,314
9,368
293,361
295,519
9,427
9,558
9,413
9,543
Public
debt
—
Marketable issues
Bills
Nonmarketable
issues
Special
issues
Guaranteed
securities
Certificates
Notes
.843
1.539
2.654
3.197
1.033
1.928
1.173
2.625
3.345
3.330
1.838
1,846
2.075
2.504
2.S06
2.440
2.480
2.485
2.482
2.576
2.751
2.789
2.824
2.853
2.892
2.671
2.585
2.705
2.635
2.630
2.547
2.590
2.606
2.611
2.622
3.316
3.815
2.584
2.842
4.721
3.073
3.304
4.058
3.704
2.619
2.639
2.829
2.925
3.219
3.330
2.694
2.772
2.803
2.628
2.681
3-144
3.188
2.915
4.032
3-772
2.749
3.249
2.785
2.924
3.048
3.072
3.093
2.565
2.584
2.605
3.073
3.000
3.000
3.703
3.662
3.657
2.830
2.842
2.890
3.332
3.329
3.332
2.811
2.835
2.827
3.155
3.159
3.211
3.098
3.123
3.135
3.096
3.133
3.l;6
2.628
2.646
2.701
3.000
3.000
3.000
3.636
3.615
3.6U
2.889
2.961
2.966
3.338
3.338
3.350
2.815
2.817
2.823
3.294
3.318
3.332
3.155
3.180
3.210
3.155
3.180
3.209
3.173
3.206
3.248
2.807
2.858
2.915
3.000
3.277
3.277
3.612
3.696
3.692
2.981
2.981
3.054
3.354
3.361
3.365
2.821
2.835
2.841
3.356
3.386
3.421
3.216
3.236
3.215
3.253
3.280
2.927
2.927
3.277
3.377
3.692
3.681
3.065
3.117
3.367
3.370
2.846
2.879
Source: Daily Treasury statement.
Note:
The computed annual interest charge represents the amount of interest
that would be paid if each Interest-bearing issue outstanding at the end
of each month or year should remain outstanding for a year at the applicable annual rate of interest. The charge is computed for each issue
by applying the appropriate annual interest rate to the amount outstanding on that date (the amount actually borrowed in the case of securities
sold at a premium or discount, beginning with May 1960). The aggregate
charge for all interest-bearing Issues constitutes the total computed
annual interest charge. The average annual Interest rate la computed
by dividing the computed annual Interest charge for the total, or for
236
1/
2/
2/
^
2/
Treasury
bonds
1/
V
3.461
3.488
any group of Issues, by the corresponding principal amount. Beginning
with data for Deoemter 31, 1958, the computation Is based on the
rate of effective yield for Issues sold at premium or discount. Prior
to that date it was based on the coupon rate for all issues.
Includes only guaranteed securities held outside the Treasury.
Total includes "Other bonds" through May 1961; see Table 3.
Included in debt outstanding at face amount, but discount value is
used in computing annual interest charge and annual interest rate,
On United States savings bonds the rate to maturity is applied
against the amount outstanding.
23
Jane 1962
DEBT OUTSTANDING
Table 3.- Interest-Bearing Public Debt
(In millions of dollars)
Public issues
Total
interestbearing
public
debt
End of
fiscal
year or
month
Nonmarketable
Marketable
Treasury bonds
Total
public
issues
Certificates
Bills
Notes
Bank
eligible
31,960
40,729
35,952
30,973
20,416
71,706
81,057
81,840
80,789
90,883
59,050
54,497
53,481
50,503
47,544
47, 5U
8,365
6,783
5,830
183
170
117
51,284
79,794
50
53,459
47,159
6,152
137
13,338
5,509
5,509
56,295
65,048
65,188
80,814
79,653
79,289
53,525
53,948
53,841
47,574
47,640
47,670
5,792
5,701
5,551
138
136
149
20
470
471
44,198
45,573
45,007
42,641
43,442
43,444
5,509
5,509
5,509
67,807
71,488
71,526
79,277
75,204
75,486
53,585
53,744
53,205
47,743
47,824
47,458
5,167
5,123
5,074
157
153
154
518
643
519
43,890
44,217
43,520
197,628
197,609
196,524
43,947
44,246
43,043
5,509
12,375
12,370
71,574
64,400
64,538
76,598
76,588
76,573
53,178
53,189
53,152
47,500
47,549
47,569
5,008
4,972
4,840
148
146
144
522
522
599
42,304
42,751
42,809
198,138
198,193
43,441
43,747
12,371
13,547
64,511
65,435
77,815
75,465
53,101
53,034
47,581
47,585
4,778
4,757
143
143
600
549
42,122
44,291
32,017
33,415
36,723
33,843
17,650
13,338
27,3M
51,483
56,257
286,820
242,474
189,015
39,446
18,442
288,998
290,659
290,773
244,800
245,086
245,766
191,275
191,138
191,925
40,828
40,928
41,939
292,709
293,604
292,689
248,819
249,387
249,169
195,234
195,643
195,965
293,111
293,549
292,485
250,806
250,798
249,676
293,361
295,519
251,240
251,227
.
.
1962- Jan. .
Feb...
Mar...
Apr
. .
May.
.
42,229
43,250
45,114
46,827
46,246
50
50
1959
1960
1961
178,027
183,845
187,148
.
5,079
1,913
Special
Issues
84,803
81,247
80,830
22 ,406
237,078
238,342
240,629
.
Other
411
417
310
196
171
281,833
283,241
285,672
Oct
Nov.
Dec.
Depositary
bonds
12,775
12,589
12,009
11,135
9,621
150,354
155,206
154,953
155,705
166,675
1961- July.
Aug...
Sept .
savings
bonds
Treasury
bonds
investment
series
58,061
58,365
57,497
54,622
51,984
226,681
228,491
224,769
221,658
228,452
.
V
Total
S.
76,326
73,285
69,817
65,953
61,777
268,910
271,741
269,883
268,486
274,698
18,405
13,836
16,303
20,473
32,920
.
Bank restricted
U.
96
71
50
50
50
1954
1955
1956
1957
1958
19,515
19,514
20,808
23,420
1960-Dec
other
bonds
2/
8,672
2/
Daily Treasury statement.
Source:
accepting demand deposits) were
1/ Issues which commercial banks (banks
except that: (1)
not permitted to acquire prior to specified dates,
Victory
concurrently with the 4th, 5th, and 6th War Loans and the
3/
investment of
Loan, they were permitted to subscribe for limited
such issues
their -savings deposits; (2) they might temporarily acquire
limited
through forfeiture of collateral; (3) they might hold a
amount of such Issues for trading purposes.
19
44,756
44,899
45,043
44,346
postal
Consists of Panama Canal bonds through May 1961, and also
savings bonds until the last of these bonds matured on July 1, 1955.
bonds,
Consists of Treasury savings notes (1954 and 1955); Treasury
of indebtedness R. E. A. series beginning July 1960; certificates
the dollar equivalent of
foreign series beginning August 1961; and
and paycertificates of indebtedness, foreign currency series issued
able in Swiss francs from October 1961 through March 1962 and Italian
lire beginning January 1962.
Interest-Bearing Public Debt
Table 4.- Average Length and Maturity Distribution of Marketable
1/
(In millions of dollars)
Maturity classes
Average length
End of
fiscal year
or month
Amount
outstanding
Within
1 year
1-5
years
10
years
5
-
10 - 20
years
20 years
and over
71,952
67,782
29,866
39,107
34,401
40,669
42,557
27,515
34,253
28,908
12,328
21,476
28,634
28,613
28,578
26,407
27,652
1,606
3,530
4,351
4,349
7,208
yrs.
yrs.
yrs.
yrs.
yrs.
6 mos.
10 mos.
4 mos.
9 mos.
3 mos.
178,027
183,845
187,148
72,958
70,467
81,120
58,304
72,844
58,400
17,052
20,246
26,435
21,625
12,630
10,233
8,088
7,658
10,960
yrs.
yrs.
yrs.
7 mos.
4 mos.
6 mos.
18,684
10,979
4 yrs.
7 mos.
75,315
13,224
189,015
70,812
1960-December.
1961-July
August
September
191,275
191,138
191,925
85,224
80,675
81,334
58,437
63,607
63,747
26,433
25,693
21,934
10,225
10,212
11,479
10,956
10,952
13,431
195,234
195,643
195,965
82,578
83,641
85,913
65,828
67,105
64,874
21,930
19,487
19,782
11,469
11,982
11,976
197,628
197,609
196,524
86,416
88,417
87,209
64,921
62,910
59,679
20,918
20,916
23,720
11,959
11,954
10,677
198,138
198,193
88,055
90,577
59,206
55,549
24,976
26,178
10,670
10,664
1954
1955
1956
1957
1958
150,354
155,206
154,953
155,705
166,675
62,734
49,703
1959
1960
1961
.
.
October.
November
December
1962-January.
February.
March,. .
April...
May
58,7M
1
.
.
.
.
24
Treasury Bulletin
DEBT OUTSTANDING
Table 5.- Special Public Debt Iseues to United States Government Investment Accounts
(IiLiElillons of dollars)
End of fiscal
year or month
195^
1955
1956.
1957.
1958.
Total
Federal
Deposit
Insurance
Corporation
Federa
Disability
Insurance
Trust
Fund
46,827
46,246
892
835
673
718
673
996
4^,756
44,899
45,043
629
694
556
1%0-Dec ember.
44,346
1961-July
August ....
September.
-12,229
Federal
home
loan
banks
232
200
Federal
Old-Age
and
Survivors
Insurance
Trust Fund
Federal
Savings
and Loan
Insurance
Corporation
Federal
employees'
retirement
funds
Government
Life
Insurance
Fund
National
HighService
way
Life
Trust
Insurance
Fund
Fund
RailPostal
road
Savings
RetireSystem
ment
Account
Unemployment
Trust
Fund
Other
2/
3,345
3,486
3,600
3,475
3,531
8,024
7,479
7,737
7,996
6,671
24
79
112
123
120
V
50
165
17,054
18,239
19,467
19,463
18,610
84
94
103
103
112
5,854
6,168
6,667
7,394
7,738
1,234
1,233
1,217
1,200
1,144
404
822
1,533
2,017
2,299
165
59
50
17,227
16,413
16,200
116
104
138
8,603
9,397
10,414
1,127
1,107
1,071
234
5,742
5,803
5,759
3,417
3,586
3,504
5,636
5,580
4,625
126
138
192
618
2,093
50
15,782
107
9,774
1,078
56
5,760
3,335
5,547
147
44,198
45,573
45,007
556
563
561
2,277
2,350
2,338
50
50
150
15,664
16,439
16,068
146
150
150
10,464
10,561
10,576
1,041
1,038
1,035
227
228
5,665
5,667
5,670
October. .
November,
Becember.
3,418
3,398
3,375
191
191
191
43,890
44,217
43,520
4,497
4,937
4,728
523
540
543
2,307
2,315
2,237
51
15 ,402
208
120
120
120
10,601
10,651
10,718
1,032
1,029
1,025
140
15,441
15,076
5,676
5,681
5,679
1962- January. .
February.
3,260
3,189
3,135
4,593
4,813
4,707
42,304
42,751
42,809
184
156
153
538
596
564
2,170
2,208
2,222
78
78
126
14,584
120
120
92
1,021
1,017
1,012
80
118
H,639
10,764
10,818
10,879
5,677
5,666
5,657
42,122
44,291
3,045
2,996
2,976
4,430
4,394
4,215
495
496
156
155
155
2,192
2,267
14,313
15,415
44
76
10,988
11,050
1,006
1,001
2,900
2,893
3,952
4,775
152
153
1959.
1960.
1%1.
March
April.
May. ..
^3,250
45,
lU
52
325
50
57
U,227
74
Source:
Dally Treasury statement.
1/ Consists of Canal Zone Postal Savings System beginning April 1958
through July 1959.
2/ Consists of: Farm Tenant Mortgage Insurance Fund (through March 1956),
429
1
162
74
75
217
328
417
5,272
5,346
5,481
5,570
5,665
5,648
5,640
213
91
6
5
56
47
35
Adjusted Service Certificate Fund (through December
1956), various
housing insurance funds, and Veterans' Special Term Insurance
Fund
Less than $500,000.
June 1962
25
.DEBT OUTSTANDING.
Table
6.
Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(tn millions of dollars)
End of
,
.
.
,
.
.
26
Treasury Bulletin^
.DEBT OUTSTANDING.
Table 7.- Interest-Bearing Securities Issued by Federal
Agencies But Not
Guaranteed by the United States Government
(In millions of dollars
End of fiscal
year or month
1961-July
August ....
September.
7,837
7,925
8,312
October.
November
December.
8,311
8,^66
8,574
1962-January.
February.
March
8,819
8,770
8,995
April,
May.
8,911
9,049
.
.
.
.
)
27
June 1962
STATUTORY DEBT LIMITATION.
The Second Liberty Bond Act
by an act approved June 30,
(
3I U.3.C.757t>).
1959,
as amended
provides that the face
that act,
amount of obligations Issued under authority of
obligations guaranteed as to prinand the face amount of
(except guaranteed
cipal and interest by the United States
of the Treasury) shall
obligations held by the Secretary
outstanding at
not exceed In the aggregate «2S5 billion
In effect under
time. The corresponding limitation
any one
and that under
the act Qf June 26, 19'+6, was «275 bUllon
In addibillion.
the act of September 2, 1958. was 1233
as follows:
temoorary Increases have been authorized
tion,
195"^.
$6 billion beginning on August 28,
(acts approved August 2S, 195'*.
30, 1956
^^ ^"'^^"g °" J'^*
^^ J"ne 30, 1955);
ending on June 30,
I3 blUlon beginning on July 1, 195^. and
approved July 9, 1956); $5 billion beginning on
1957 (act
(act approved
February 26, I958, and ending on June 30, 1959
$10 billion beginning on July 1, 1959.
February 26, 1958);
and ending on June 30, 196O (act approved June 30, 1959);
ending June 3°.
$8 billion beginning on July 1. 196O, and
billion beginning
1961 (act approved June 30, I960); «13
March I3, I962.
on July 1, 1961. and $2 billion beginning on
196I,
and ending on June 30, 1962 (acts approved June 30,
Obligations Issued on a discount b^ls.
and March I3, 1962).
at the option
and subject to redemption prior to maturity
in the statutory debt limitation
of the owner are Included
at current redemption values.
May 31, 1962
Table 1.- Status under Limitation,
(In millions of dollars)
300,000
,298,740
430
Treasury
Guar^teed securities held outside the
limitation
outstanding subject to statutory debt
Total amount of securities
Balance issuable under limitation
Source:
•
•
Daily Treasury statement.
T.b,e 2.-
.ppl.C.on
or U......on .o
PubUc Deb,
.nd Ou.r.„.eed Seour.t.e.
Outstanding May 31, 19d^
(
In millions of dollars)_
Subject to
statutory debt
limitation
Class of security
Public debt:
Interest-bearing securities:
Marketable:
Treasury bills
Certificates of indebtedness.
Not subject to
statutory debt
limitation
43,747
13,547
65,435
75,465
43,747
13,547
65,435
75,465
Treasury notes
Treasury bonds
Total
outstanding
198,193
198,193
Total marketable
450
Nonmarketable:
foreign series
Certificates of indebtedness.
foreign currency series.
Certificates of indebtedness, .-.— o- -value)
savings bonds (current redenfition
U. S.
;
Depositary bonds
Treasury bonds. Investment series
series
Treasury bonds, R. E. A.
.
Total nonmarketable
450
75
75
47,585
143
4,757
47,585
143
4,757
24
24
53,034
53,034
44,291
44,291
agencies and trust funds.
Special issues to Government
295,519
295,519
Total interest-bearing securities
351
349
has ceased
Matured securities on which interest
Debt bearing no Interest
United States savings stamps
profits tax refund bonds
Excess
States
Special notes of the United
International Monetary Fund series
Association series
International Development
••
series
Inter-American Development Bank
United States notes Ue^^ g°" .'"^f^'T^^^-a^d'Federai'ReseiTfe Bank notes.
ana reaer
national bank
Deposits for retirement of
Other debt bearing no interest
Total debt bearing no Interest.
54
1
54
1
2,648
2,648
115
55
2,873
298,740
115
55
431
434
Total public debt
Guaranteed securities: 1/
Interest-bearing
Matured
Total guaranteed securities.
securities.
Total public debt and guaranteed
429
1
430
299,170
191
139
101
191
139
101
434
3
))
.
.. .
2S
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 1.- Maturity Schedule of Interest -Bearing
Public Marketable Securities
Outstanding May 31, 1962
Other Than Regular Weekly Treasury Bills
(In millions of dollars)
Amount of maturities
Amount of maturities
Year
and
month
of final
Held by
Description of security
V
1962
June.
.
.
2-1/456 Bond
2.705!5 Bill
(tax ant.
S. Govt,
investment
accounts
and Fed.
Res. Banks
U.
Total
maturity
6/15/59-62
6/22/62
424
2,511
7/15/62
2,004
53
All
other
investors
424
2,458
Year
and
month
of final
maturity
1/
1964
Feb
3?
Apr
July
2.908;? Bill
Aug.
Note
i%
3-1/A% Note
8/15/62-B
8/15/62-G
158
7,325
3,774
9/21/62
1,802
163
590
2,003
1-1/2? Note
1,639
lO/l/62-EO
10/15/62
Bond
157
3,551
2.896^ Bill
Description of security
206
1,797
May.
1
.
.
4-3/4? Note
3-3/4? Note
Aug
Oct.
Nov.
Dec.
1-1/2J5 Note
2.97558 Bill
3-3A^ Note
3-l/A% Note
278
1-1/2? Note
Nov.
(tax ant.
Note
5?
3-3/4? Note
Oct...
Sept
4-7/8? Note
590
1,725
11/15/62-C
11/15/62-H
1,143
6,082
3,421
12/15/59-62
2,270
395
- 12/15/60-65
1,485
1,875
1,485
27,798
8,347
19,450
1/15/63
2,001
225
1,777
May
2-5/8? Note
3-1/4? Note
3-1/2? Certificate -
2/15/63-A
2/15/63-E
2/15/63-A
2,839
3,642
6,862
226
195
3,460
2,613
3,447
3,402
Oct
1-1/2? Note
2.943? Bill
4/1/63-EA
4/15/63
533
2,001
219
533
1,782
3-1/4? Certificate Note
4?
3-1/4? Note
-
5/15/63-B
5/15/63-B
5/15/63-D
6,685
1,743
5,047
2,373
79
1,029
4,312
1,664
4,018
8/15/63
4,317
323
2-1/4? Bond
2-3/4? Bond 2/
-
Total.
55
.
.
1,088
2,661
Total
1965
Feb..
Apr.
.
2-5/8? Bond
.
1-1/2? Note
1963
Jan.
Feb.
Apr.
May.
3.366? Bill
Aug.
2-1/2? Bond
Oct.
1-1/2? Note
-
lO/l/63-EO
506
4-7/8? Note
-
11/15/63-C
3,011
Total.
Footnotes at end of table.
39,189
4-
Note
29
June 1962
PUBLIC DEBT OPERATIONS
Securities
Table 1.- Maturity Schedule of Interest -Bearing Public Marketable
Outstanding May 31, 1962
Other Than Regular Weekly Treasury Bills - (Continued)
(In millions of dollars
Source:
in the Office
Office of Debt Analysis
Daily Treasury statement and
at earliest call
.
^ ^
which
bonds, ,,>„vh are shown
Except partially tax-exempt
of the Secretary.
1/
security, see "Market Oootations."
For date of issue of each
tax.
partially exempt from income
^^
Less than $500,000.
date
^^^^^
*
30
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Issue date
Regular weeiily bills:
1962-Feb.
1
Feb.
Feb.
15.
Feb.
23.
Mar.
1.
Mar.
Mar.
15.
Mar.
22.
Mar.
29.
Apr.
5.
Apr.
12.,
Apr.
19..
Apr.
26..
May
May
3p.
31
Jme 1962
PUBLIC DEBT OPERATIONS
Table 2.- Offerings of Treasury Bllle
On total bids accepted
lasue date
Average price
per hundred
Equivalent average
rate
^
(Percent)
Regular weekly bills:
1962- Feb.
1
|99.316
198.514
2.706
2.939
Feb.
8
r99.319
\98.535
2.695
2.898
Feb.
303
15
\98.508
2.759
2.952
Feb.
23
(99.288
[98.476
2.849
3.031
Mar.
1
[99.326
|98.561
2.665
2.847
Mar.
8
[99.312
\98.543
2.721
2.883
Mar.
15
[99.291
198.498
2.804
2.972
Mar.
22
99.320
98.557
Mar.
29
Apr,
5
Apr.
12
Apr.
19
Apr.
26
f 99.
May
3p
May
lOp
May
17p
May
24p
May
31p
Tax anticipation bllla:
26
1961-July
Sept.
27
23
1962 -Mar.
98.344
97.986
98.536
Other bllla:
Oct.
15
15
16
97.134
97.051
96.992
1962-Jan.
Apr.
15
15
96.588
97.012
1961-Apr.
July
-
(Continued)
32
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 3.- New Money Financing through Regular
Weekly Treasury Bills
.
Deacription of Issue
Issue
date
1953-Apr.
Matxirity
date
23.
1953- July
23
7.
21.
28.
Aug.
Aug.
Aug.
20
27
June
June
June
June
A'
11.
18.
25.
Sept.
Sept.
Sept.
Sept.
2i
July
July
July
2.
Oct.
Oct.
Oct.
8
15
Dec.
10
May
May
May
9.
16.
Sept. 10.
1955-July
July
July
July
21.,
28.,
Aug.
Aug.
Aug.
Aug.
6
3
10
17
1
7.
1955- Oct.
6
U.
Oct.
Oct.
Oct.
13
20
27
11.,
18..
25..
Nov.
Nov.
Nov.
Nov.
10
17
25
Sept. 1..
Sept.
8..
Sept. 15..
5«pt. 22..
Sept. 29..
Dec.
Deo.
Dec.
Dec.
Dec.
1957-Jan.
4...
31
1957- May
Feb.
Feb.
Feb.
Feb.
21.
28.
May
May
May
May
Mar.
Mar.
7.
14.
Jxine
Dec.
Dec.
19.
26.
1958-Jan.
Jan.
Jan.
Jan.
2.
9.
16.
23.
Mar.
13.
7.
U.
Sept. 11.
Sept
June
Apr.
Apr.
Apr.
Apr.
3
CCollar amounta In millions)
33
June 1962
PUBLIC DEBT OPERATIONS
Bills
Table 3.- New Money Financing through Regular Weekly Treasury
-
(Continued)
(Dollar amounts In millions)
New money
increase, or
decrease (-)
(Continued
Footnotes at end of table.
(
3^^
Treasury Bulletin
PUBLIC DEBT 0PE31ATI0NS
-<
Table 3.- New Money Financing through Regular Weekly
Treasury Bills
-
(Continued)
(Dollar amounts in millions)
Description of issue
Issue
date
1962-Apr.
5.
Number of
days to
maturity
Amount
of bids
tendered
5
91
182
$2,225
1,217
$1,201
601
2.757
2.875
July
Oct.
12
11
91
182
2,^70
1,088
1,200
600
720
,8U
99
July
19
91
182
2,237
1,241
1,201
600
723
825
99
91
182
2,103
1,168
1,201
600
740
837
99
91
1,204
602
2.719
2.816
105
Maturity
date
1962- .July
Oct.
Apr.
12.
Apr.
19.
Oct.
Apr.
26.
18
July
26
Oct.
25
Amount
of bids
accepted
Average rate
on bids
accepted 1/
New money
increase, or
decrease (-)
(Percent)
$100
May
lOp
Aug.
Nov.
182
2,524
1,352
May
24p
Aug.
Nov.
23
23
91
183
2,096
1,247
1,300
600
2.700
2.795
98
May
31p.
Aug.
Nov.
30
29
91
182
2,330
1,339
1,301
601
2.656
2.743
102
Source:
See Table 2.
Information in Table 3 covers bill offerings
January 2, 1953, through May 31, 1962.
1/ Equivalent average rate on bank discount basis.
_L
2/
p
|
Beginning March 12, 1959, the 13-week bills
represent additional
issues of bills with an original maturity of
26 weeks
Preliminary,
mne 1962
35
PUBLIC DEBT OPERATIONS
Table 4.- Offerings of Public Marketable Securities Other Than
Regular Weekly Treasury Bills
Date subscrip-
36
June 1962
37
PUBLIC DEBT OPERATIONS
Table 4.- Offerings of Public Marketable Securities Other Than
Regular Weekly Treasury Bills - (Continued)
Date subscription books
opened or bill
n
38
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 4.- Offerings of Public Marketable Securities Other Than
Regular Weekly Treasury Bills - (Continued)
Date subscription books
opened or bill
June 1962
39
PUBLIC DEBT OPERATIONS.
Footnotes to Table 4.- (Continued)
go/
21/
22/
22/
2A/
25/
26/
Issued as a rollover of bills maturing January 16, 1957, smd
February 15, 1957, respectively.
Subscriptions in excess of $100,000 were allotted 31 percent for the
certificates and 12 percent for the notes. Subscriptions for
$100,000 or less for both issues were allotted in full and subscriptions for more than $100,000 were allotted not less than $100,000.
In addition, $100 million of the notes were allotted to Government
investment accounts.
Redeemable at the option of the holder on August 1, 1959, on three
months' advance notice.
In addition to the amounts issued in exchange, the Treasury allotted
$100 million of each issue to Government investment accounts.
Redeemable at the option of the holder on February 15, 1%0, on
three months' advance notice.
Subscriptions in excess of $100,000 were allotted 22 percent for the
certificates and 28 percent for the notes. Subscriptions for
$100,000 or less for both issues were allotted in full, and subscriptions for more than $100,000 were allotted not less than $100,000.
In addition, $100 million of each issue were allotted to Government
investment accounts.
Subscriptions for $50,000 or less were allotted in full. Subscriptions for more than $50,000 were allotted 10 percent but in no case
In addition, $100 million of the bonds were
less than $50,000.
allotted to Government investment accounts. Payment of not more
than 50 percent could be deferred until not later than October 21,
^^
37/
38/
i2/
1957.
Subscriptions for $10,000 or less were allotted in full. Subscriptions for more than $10,000 were allotted 25 percent to savingstype investors and 12 percent to all other subscribers but in no
In addition, $100 million of the notes were
case less than $10,000.
allotted to Government investment accounts
28/ Subscriptions for $10,000 or less were allotted in full. Subscriptions for more than $10,000 were allotted 26 percent to savings-type
investors and 10 percent to all other subscribers but in no case
In addition, $100 million of the bonds were
less than $10,000.
allotted to Government investment accounts.
Subscriptions for $10,000 or less were allotted in full. Subscrip29/
tions for more than $10,000 were allotted 20 percent but in no case
In addition, $100 million of the bonds were
less than $10,000.
allotted to Government investment accounts.
SubscripJ2/ Subscriptions for $25,000 or less were allotted in full.
tions for more than $25,000 were allotted 2i, percent but in no case
million of the notes were
In addition, $100
less than $25,000.
allotted to Government investment accounts.
Subscriptions for $5,000 or less were allotted in full. Subscriptions
3i/
for more than $5,000 were allotted 60 percent to savings-type investors, 40 percent to commercial banks for their own account, and
25 percent to all other subscribers, but in no case less than $5,000.
In addition, $100 million of the bonds were allotted to Government
investment accounts.
Subscripfull.
2Z/ Subscrip-.ions for $100,000 or less were allotted in
tions for more than $100,000 were allotted 59 percent but in no case
27/
Ji/
2A/
2^
AQ/
41/
iS/
i2/
ii/
less than $100,000.
Subscriptions for $100,000 or less for the bills and $50,000 or less
for the notes were allotted in full. Subscriptions for more than thf
minimum for each issue were allotted AA percent on bills and 35 perIn addition,
cent on notes but in no case less than the minimum.
$100 million of the notes were allotted to Government investment
accounts
Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 47 percent but in no case
less than $100,000.
Subscriptions from savings-type investors totaled $720 million and
were allotted 70 percent. Subscriptions from commercial banks for
their own account totaled $470 million and were allotted 35 percent.
Subscriptions from all other investors totaled $610 millisn and were
allotted 15 percent. Subscriptions for $25,000 or less were allotted
in full when accompanied by 100 percent payment at the time of entering the subscriptions. All other subscriptions for $5,000 were
allotted in full. Subscriptions for more than $5,000 were allotted
In addition, $50 million of the bonds were
not less than $5,000.
allotted to Government investment accounts. Savings-type investors
in
were given the privilege of paying for the bonds allotted to them
installments up to April 23, 1959 (not less than 25 percent by
1959;
January 23, 1959, the issue date; 50 percent by February 24,
1959).
75 percent by March 23, 1959; and full payment by April 23,
^
=^
Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 50 percent but in no case
less than $100,000.
In addition, $100 million of the notes were
allotted to Government investment accounts.
from savings-type investors totaled $240 million and
Subscriptions
were allotted 65 percent. Subscriptions from commercial banks for
their own account totaled $941 million and were allotted 35 percent.
Subscriptions from all other investors totaled $322 million and were
allotted 20 percent. Subscriptions for $25,000 or less from savingstype investors and commercial banks, and for $10,000 or less from all
others, were allotted in full. Subscriptions for more than these
minimums were allotted not less than the minimums. In addition,
$50 million of the bonds were allotted to Government investment accounts.
Full-paid subscriptions of $25,000 or less, totaling $941 million,
were allotted in full. Subscriptions from savings-type investors
totaled $1,361 million and were allotted 45 percent. Subscriptions
from commercial banks for their own account totaled $6, 390 million
and were allotted 8 percent, but not less than $1,000 on any one
subscription. Subscriptions from all other investors totaled $2,433
million and were allotted 5 percent, but not less than $1,000 on
any one subscription.
In addition, $100 million of the notes were
allotted to Government investment accounts.
Holders of approximately $1,600 million of Series F and G savings
bonds issued in 1948, which mature in 1960, were offered in exchange
the 4-3/4!^ notes, with certain adjustments as of December 15, 1959,
at a price of 99-3/4$. Smaller denominations of savings bonds could
be exchanged for the next higher multiple of $1,000 of the notes
upon payment of any cash difference. Cash payments amounted to $3
million.
Issued as a rollover of maturing one-year bills.
Savings-type investors were given the privilege of paying for the
bonds in installments up to June 15, 1960 (not less than 40 percent
by April 14, the delivery date; 70 percent by May 15; and full
In addition to the amounts allotted to the
payment by June 15).
public, $100 million of the bonds were allotted to Government investment accounts.
Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 30 percent but in no case
In addition, $27.4 million of the notes were
less than $100,000.
allotted to Government Investment accounts.
Subscriptions for $25,000 or less were allotted in full. Subscriptions for more than $25,000 were allotted 85 percent but in no case
In addition, $71 million of the notes were
less than $25,000.
allotted to Government investment accounts.
Subscriptions were permitted to be made with payment in cash or in
4-3/4% Treasury notes maturing August 15, 1960 (see Table 6, footIn addition in order that holders of 3-5/8% Federal
note 22).
National Mortgage Association notes maturing August 23, 1960, might
have an opportunity to reinvest the proceeds, the Secretary of the
Treasury, in behalf of the Association, offered to purchase such
notes on August 15, 1960, at par and accrued interest to the extent
that such subscriptions were allotted and the proceeds from the par
amount of the notes were applied to payment, in whole or in part,
for the new securities.
Combined total includes $80 million allotted on subscriptions from
holders of the Federal National Mortgage Association notes maturing
August 23, 1960 (see footnote 44).
Consists of allotments on subscriptions from holders of Treasury
notes maturing August 15, 1960.
Subscriptions from States, political subdivisions, or instrumentalities thereof, public pension and retirement and other public
funds international organizations in which the United States holds
membership, foreign central banks and foreign States, Government
investment accounts, and the Federal Reserve Banks as provided in
the offering circular, totaled $6,285 million and were allotted in
Subscriptions subject to allotment totaled $11,104 million
full.
and were allotted in full up to and including $25,000; all others
were allotted 13 percent but in no case less than $25,000.
Subscriptions totaled $1,181 million from savings-type investors
and $100 million from Government investment accounts; both were
allotted 25 percent. Subscriptions from commercial banks for their
own accounts totaled $2,708 million and were allotted 20 percent.
Subscriptions from all others totaled $1,190 million and were
allotted 15 percent. Subscriptions for $5,000 or less were allotted
in full; subscriptions for more than $5,000 were allotted not less
than $5,000.
Remaining footnotes on following page.
ko
Treasury Bulletin
I
PUBLIC DEBT OPERATIONS
\
Footnotes to Table 4.- (Continued)
In addition to the amounts allotted to the public, there were
allotted to Government investment accounts $131.3 million of the
3-1/2$ bonds of 1980, «215.9 million of the 3-1/2$ bonds of 1990,
and fe36.5 million of the 3-1/2$ bonds of 1998.
SO/ Ftolders of approximately $750 million of Series F and G savings bonds
issued in 1949, which mature in 1960, were offered in exchange the
4$ bonds, with certain adjustments as of December 15, 1%0, at a price
Smaller denominations of savings bonds could be exchanged
of 100|.
for the next higher multiple of $500 of the bonds upon payment of any
cash difference. Cash payments amounted to $365,375.
Suscriptions were permitted to be made with payment in cash or in
4-7/8$ Treasury certificates maturing February 15, 1961 (see Table 6,
footnote 26).
iz/ Consists of allotments on subscriptions from holders of certificates
of indebtedness maturing February 15, 1961,
i2/ Subscriptions from States, political sub-divisions or Instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign States, Government investment
accounts and the Federal Reserve Banks, as provided in the offering
circular, totaled $4,364 million and were allotted in full. Subscriptions subject to allotment totaled $14,619 million: those
up to and including $10,000 were alloted in full; all others were
allotted 20 percent but in no case less than $10,000.
ik/ In addition to the amounts allotted to the public, there were allotted
to the Federal Reserve Banks and Government investment accounts
$39 million of the 3-3/8$ bonds of 1966 and $540 million of the
3-5/8$ bonds of 1%7.
iS/ Subscriptions were permitted to be made with payment in cash or in
the 4-3/4$ Treasury certificates or 3-5/8!f Treasury notes, both
maturing May 15, 1%1 (see Table 6, footnote 29).
ib/ Consists of allotments on subscriptions from holders of certificates
of indebtedness and Treasury notes maturing May 15, 1961.
12/ There were allotted in full all subscriptions totaling about $2,379
million for the certificates and $1,258 million for the notes, from
States, political subdivisions or instrumentalities thereof, public
pension and retirement and other public funds, international organizations In which the United States holds membership, foreign central
^Rnkp fiAd foreign States, Government investment accounts, and the
Federal htiii>irve Banks, as provided in the offering circulars. Subscriptions from all other investors were subject to allotment and
totaled $11,445 million for the certificates which were allotted
27 percent, and $11,631 million for the notes which were allotted
12 percent; subscriptions for $25,000 or less were allotted in full,
and subscriptions for more than $25,000 were allotted not less than
$25,000.
i2/
58/
52/
6Q/
61/
62/
63/
64/
65/
66/
67/
^8/
69/
p
Sale of a "strip" of Treasury bills, consisting of an additional $100
million for cash of eighteen series of weekly Treasury bills maturing
from August 3, 1961, to November 30, 1961.
In addition to the amounts allotted to the public, there were allotted
to the Federal Reserve Bani;s and Government Investment accounts $480.4
million of the 3-1/2$ bonds of 1980, $160.6 million of the 3-1/2$ bonds
of 1990 and $289.5 million of the 3-1/2$ bonds of 1998.
Subscriptions for $100,000 or less were allotted in full. Subscriptions
for more than $100, OOOwere allotted 37 percent but in no case less
than $100,000.
In addition, $100 million of the notes were allotted
to Government investment accounts.
Sale of a "strip" of Treasury bills, consisting of an additional $100
million for cash of eight series of weekly Treasury bills maturing
from December 7, 1961, to January 25, 1962.
Includes $2 million allotted to Government investment accounts of the
3-1/4$ notes, $4 million of the 3-3/4$ bonds of 1966, and $136 million
of the 3-3/4$ bonds of 1974.
Holders of approximately $970 million of Series F and G savings bonds
issued in 1950, which mature in 1962, were offered in exchange the
3-7/8)t bonds with certain adjustments as of December 15, 1961, at a
price of 99.50.
Smaller denominations of savings bonds could be exchanged for the next higher multiple of $500 of the bonds upon payment of any cash difference. Cash payments amounted to about $306,000.
Subscriptions for $50,000 or less were allotted in full. Subscriptions for more than $50,000 were allotted 60 percent but in no case
less than $50,000.
In addition, $100 million of the bonds were
allotted to Government investment accounts.
Includes $3,411 million allotted to Federal Reserve Banks and Government
Investment accounts of the 3-1/2$ certificates and $1,518 million of
the 4$ notes.
In addition to the amounts allotted to the public, there were allotted to
Government investment accounts $385 million of the 4$ bonds of 1971,
$177 million of the 4$ bonds of 1980, $218 million of the 3-l/2$ bonds
of 1990 and $221 million of the 3-1/2$ bonds of 1998.
Issued for cash and In exchange for tax anticipation bills maturing
March 23, 1962 (see Table 6, footnote 31).
Subscriptions for $50,000 or less were allotted in full. Subscriptions
for more than $50,000 were allotted 15 percent but in no case less
than $50,000. In addition, $100 million of the bonds were allotted
to Government investment accoxmts,
Includes $2,166 million allotted to Federal Reserve Banks and Government Investment accounts of the 3-l/4$ certificates, $14 million of
the 3-5/8$ notes, and $64 million of the 3-7/8$ bonds,
Preliminary.
Jane 1962
in
PUBLIC DEBT OPERATIONS
Table 5.- AllotmentB by Investor Claeses on Subscriptions for Public Marketable Securities
Other Than Regular Weekly Treasury Bills 1/
(In millions of dollars)
Allotments by Investor classes
Amount issued
Description of security
Cert.
[2-1/2% Bond
\2-\/i,f,
3-1/',% Bond
For
cash
2/15/54-A
12/15/58
{' 183
6/1/54-B
2-5/8i? Cert.
ernment
investment
In
accounts
exchange
and
for other
Federal
securiReserve
ties
Banks
418
4,358
9/18/53 8/
800
2-1/2^ Cert.
3/22/54-C 8/
2-5/8^ Cert.
8/15/54-D
2,738
r2-5/8^ Cert.
9/15/54-E
3/15/57-A
\2-7/8je Note
2-3/4)6 Bond
150
9
20
131
1
1
1,153
2,015
261
287
98
98
19
113
99
13
77
/l-5/8ie Cert.
\2-\/2% Bond
n.a
Corporations
i/
n.a
n.a.
n.a.
917
4
1
68
115
81
175
1,499
117
32
27
411
48
2
156
79
192
863
2,135
2,276
106
42
131
140
96
86
654
155
50
3
6
2
279
40
219
188
185
65
50
1,296
190
165
93
49
19
16
170
64
6,997
112
43
12
2
52
339
1
1
no
13
1
100
26
42
169
209
5
360
1,174
7,007
11,177
3,922
10
1,508
8,733
152
6
92
w
123
209
756
535
2,239
:i2/l5/58 2/
2/15/55-A
11/15/61
61
46
467
218
n.a.
7
450
218
293
n.a.
n.a.
n.a.
n.a.
n.4^
n.a.
n.a
n.a.
.72656
Bill
6/18/54 8/
1,001
n.a.
915
n.a.
n.a.
n.a.
n.a.
'l-7/8i6
Note
26
175
146
41
68
74
20
28
139
23
4
216
247
1,686
1,138
1,982
936
558
6
1
2,011
39
59
41
1,146
995
10
847
3,091
115
47
100
30
31
751
120
45
18
2,718
Ul
70
497
57
1,299
5,503
9
1
103
U
U4
41
226
2,335
2,704
1,190
112
69
70
63
123
130
1,914
24
39
1-5/8)6 Note
1-1/8)6 Cert.
1-1/4)6 Cert.
[2-1/2)6
Bond
'1-5/8)6
Note
Note
Bond
2)6
_3)6
1-3/8)6 Cert.
2%
Note
1-7/8)6 Cert.
356
(2%
[2^
Cert
Note
l_2-7/8)6
Cert.
Note
l_2-7/8i6
Note
2,897
3,886
3/22/55-C 8/
3,734
3,558
3,806
8/15/55-D
II/15/6O
5/15/57-B
4,155
4,919
5,359
6,755
3/15/56-A
8/15/5 7-C
2/15/95
3,174
3/22/56-A 8/
2/15/95 2/
9,083
2,283
12/1/56-D
6/15/58-A
3/28/57
3/22/57-B 8/
5/1/57
3/22/57 8/
6/24/57 8/
6/24/57 8/
344
n7
30
662
152
13
6
311
156
6
120
1,065
329
34
36
4
6
37
17
119
105
34
284
144
220
160
17
303
128
23
135
29
21
203
10
256
232
55
3
62
82
101
134
354
545
355
1
1
45
36
29
33
no
59
20
53
60
5
2
31
3
96
151
222
7
185
10
9
666
205
18
4
976
33
62
16
37
998
478
n.a.
48
n.a.
29
64
21
44
1,349
1,099
108
32
38
21
6
34
352
543
8,078
1,234
140
67
22
1,313
20
19
234
131
39
191
288
140
680
57
426
29
1
240
137
319
195
13
42
261
26
32
65
342
4
24
35
18
12
2,175
24
10
5
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a
n.a.
n.a.
n.a.
n.a.
n.a.
n'.a.
n.a,
15
48
66
10
4
9
589
198
3
6,135
358
554
7
»
99
161
60
23
129
108
n.a.
975
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a,
n.a.
1,006
700
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
1,601 IQ
n.a.
n.a.
n.a.
n.a.
1
2
448
64
168
205
118
110
M
1,312
7,271
n.a.
n.a.
n.a.
26
573
49
21
48
47
31
lU
U
13-3/8)6 Cert.
2/U/58-A"!
2,361
786
20
2
1
3
4
33
12
1
19
2
2
7
6
1,042
166
25
62
14
U
487
42
3
45
1
272
9
91
29
204
12
855
5,703
131
1,159
116
725
100
1,464
112
365
2,437
942
2,351
647
7
n.a.
n.a.
1,750 12/
5/15/60-A
,
240
2
22
1
21
52
37
1,009
216
387
400
5
69
3-3/8)6 Cert,
p- 1/2)6 Note
Footnotes at end of table.
130
87
n.a.
8,4M
4/15/58-B
2/15/62-A
182
69
3,221
6/24/57-C 8/
10/1/57-D
3- 1/2)6 Cert.
238
570
903
2/W/58-A
f
85
U7
1,402
1,750
13-5/8^6 Note
1
192
369
68
5,028
18
1,603
5/15/60-AP
43
44
156
73
igo
180
947
1/16/57
13-1/2)6 Note
15
219
276
76
7,219
2,109
8/1/57-0
3.305)6 Bill
5,757
1,501
2/15/57
Cert.
10
19
U2
37
103
294
36
12,056
3/23/56 8/
2/15/57-A
6/15/58-A 2/
2.585)6 Bill
36
53
1,782
5,754
2,970
6/22/56-C 8/
3.231)6 Bill
2/15/57
25
1,486
6,841
6/22/56-B 8/
8/15/56-B 2/
1,747
614
54
1,047
821
2.617)6 Bill
p- 1/4)6
1,686
2,202
2.627)6 Bill
(3-1/4)6 Cert,
1
1
[2,532
8/15/56-B
2-3/4)6 Cert.
1/16/57
4,012
3,210
6/22/5 5-F 8/
2-3/4)6 Note
12/17/56
4,763
2,520
8,472
3,792
1,924
8/15/55-D 2/
12/15/55-E
8/15/63
2.465)6 Bill
[2-5/8)6 Cert.
J 2,205
5/17/55-B
Bond
2-1/4)6 Cert.
f2-5/8)6
2/15/59-A
94
269
163
n.a.
7
n.a.
Bond
n.a
100
423
^2-l/8i6
35
874
n.a
n.a
n.a
248
40
n.a
1%
158
«
162
56
1,501
'\-\/9f% Cert.
1,363
25
4,520
6/24/54 S/
Cert
100
Other
funds
366
2/
.956)C Bill
l-l/8;6 Cert.
152
13
2/
2/
All
other
6/
Pension
and retirement
funds
55
2/
Dealers
and
brokers
75
12
banks
187
6
711
^
230
savings
2,279
444
n.a
State and local
governments
8,175
1,748
12/15/54-B
t2-l/2if Bond
Mutua
Private
pension
and retirement
funds
4,724
2,997
9/15/61
fl-7/8i8 Note
Insurance
companies
3
3,698
5,902
2.383^ Bill
Commer- Indicial
vidubanks
als
2/
118
8,114
620
6/15/78-83
U. S. Gov-
3
(Continued on following page)
k2
June 1962
"^3
PUBLIC DEBT OPERATIONS
Securities
Table 5.- Allotments by Investor Classes on Subscriptions for Public Marketable
Than Regular Weekly Treasury Bills 1/ - (Continued)
Otiier
(In millions of dollars)
Allotments by Investor classes
S. Government
investment
In
exchange accounts
and
for
Federal
other
securi- Reserve
Banks
ties
Amount Issued
Date of
financ-
Description of security
For
cash
ing
A. 608^
4/15/60
5/15/60
[4-3/8% Cert.
[i-5/8% Note
f3-3/4i6 Note
3,674
2,113
5/15/6I-B
5/15/65-A
5/15/64-D
5/15/68
3,893
320
6/23/60
\3-7/8% Bond
7/13/60
2.823SS Bill
3/22/61 8/
3.265% Bill
7/15/61
1,501 12/
8/15/60
3-1/8% Cert.
I 3-7/8% Bond
10/3/60
3-1/2% Bond
3-1/2% Bond
3-1/2% Bond
3.131% Bill
2.788% Bill
11/15/60
-1/4% Note
|3-1
-3/4% Bond
V--
12/15/60
4%
3-1/4% Note
8/15/62-G
ly
117
1
290
114
335
38
16
19
26
17
600
17
117
88
225
93
17
9
13
39
20
50
222
31
70
174
24
65
65
57
65
132
28
334
123
40
971
35
33
4
357
126
255
72
35
429
48
406
92
131
216
236
96
54
117
26
23
71
146
253
691
36
172
565
82
723
18
,102
6
90
7
31
4/15/62
2,000 12/
3,604
li/
8/3/61-1
f
,/
i^
7/15/61
2.908% Bill
7/15/62
2,004
7/26/61
2.484% Bill
3-1/4% Note
3-3/4% Note
3-7/8% Bond
3/23/62 8/
36
120
20
21
20
39
560
71
114
2
1
896
17
1,813
837
72
81
2.975% Bill
'2.277% Bills
1
l/25/62fi^
917
3,473
58
1,241
2,203
309
21
2
10
350
197
9
86
536
146
1
2
332
145
16
17
12
1
9
169
441
169
267
7
407
100
21
13
17
4
63
123
94
94
70
64
3
33
74
61
91
21
77
64
32
29
31
74
9
190
99
10
55
5
7
302
54
61
31
50
23
27
366
529
442
2,493
7
1
3
20
3
82
14
131
19
667
119
82
17
333
7
165
206
185
405
189
131
22
100
12/
2,056
9
111
2,295
7
939
9
3
361
800
78
92
5/15/661
1,514
105
52
3
21
136
60
21
32OP
(Continued on following page)
5
37
625
25
66
16
17
2
3
4
49
9
19
23
4
18
4
3
55
2,158
Footnotes at end of table.
257
129
107
92
45
4
136
5/15/63 2/
414
343
23
68
3-7/8% Bond
35
12
3
9
3,642
11/15/74/2/
147
5
2,384
517
/
443
193
33
49
419
157
59
54
2/15/63-E
3.3/4% Bond
3-7/8% Bond
5
1
90
75
75
12/
34
2
9
2,004
907
2,511
2,003
150
358
473
38
112
1,792
:
10/15/62
r 12/7/61^. ,/
126
198
111
430
161
290
5/15/63-D 2/
38
214
51
119
209
1,273
1,298
1,137
8/'
443
53
11/15/80
2/15/90 2/
11/15/98
6/22/62
388
120
3,386
1,600
2.705% Bill
561
1,714
1,664
6,082
5,019
749
3-1/2% Bond
3-1/2% Bond
1
1,518
ll/15/62-H
8/15/64-E
5/15/68 2/
(^3-1/2% Bond
97
3
3,605
3,503
|ll/30/6lJ
1
28
20
14
1,802
,
2.308% Bills
651
23
15
326
1,781
850
728
{.': 903
6/14/61
84
40
125
23
1,492
2,438
11/15/66
11/15/67
5/15/62-a1
5/15/63-D J
1,698
821
30
203
3,670
2.827% Bill
12/15/61
1
7
25
3,655
4/15/61
3-1/4% Note
280
20
90
25
1,503
11/15/61
31
2
6
1,502 12/
9/22/6I 8/
10/16/61
171
458
124
144
16
74
16
23
91
270
186
357
14
33
14
2
14
78
148
2.473% Bill
3-1/4% Note
Other
funds
182
10
83
61
9,098
1,213
4/3/61
10/11/61
Dealers All
other
and
brokers 6/
3,463
3/15/61
9/27/61
Pension
and retirement
funds
2
15
5,751
28
3-3/8% Bond
3-5/8% Bond
9/15/61
213
65
6
31
10/1/69 2/
2/15/61
8/1/61
18
797
544
3,504
1/15/62
1.3-1/4% Note
130
24
130
612
2/15/62-F
5/15/66
2.679% Bill
5/15/61
^
19
Bond
Cert.
107
236
1,502 12/
6/22/61 8/
1/15/61
[3%
79
2,532
102
79
57
State and local
governments
402
61
24
774
127
44
100
92
643
993
2,343
10/16/61
10/21/60
savings
banks
5,541
II/15/8O
2/15/90 2/
11/15/98
10/17/60
Corporations
Private
pension
and retirement
funds
165
3,476
^[2,078
8/1/6I-C
5/15/68 2/
f
Mutual
Indi- Insurvidu- ance
compaals
nies
156
1,262
1,063
198
215
3,512
7/15/60
Commercial
banks
2/
1,069
235
2,001 12/
4/15/6I
Bill
U.
23
IH^
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table
5..
Allotments by Investor Classes on Subscriptions for
Public Marketable Securlt ies
Other Than Regular Weekly Treasury Bills V - (Continued!
(In millions of dollars)
Issue
Amount issued
Date of
financing
Description of security
1/15/62
3.36656 Bill
1/15/63
1/24/62
if
Bond
10/1/69
2/15/62
r3-l/2ie Cert.
Note
Bond
Af
Bond
i%
3-1/2% Bond
3-l/2!f Bond
8/15/71
2/15/80
2/15/90
[a%
3/1/62
3/23/62
2/
2/15/63-A
8/15/66-A
11/15/98,
2/
For
cash
^
Jane 1962
PUBLIC DEBT OPERATIONS
Securities
Table 6.- Disposition of Matured Public Marketable
Weekly Treasury Bills
Other Than Regular
Called or maturing security l/
Date of
refunding
or retirement
Description
'1-7/8)6
2%
.
2/15/54-A
12/15/58
2/15
3/18/53
1.720?S Bill
3/18/53
2-1/4)6 Certificate
2-1/2)6 Bond
2/15/5 3-A
Certificate -
2/15/53
6/1/53
Description of new
security offered
(See also Table 4)
6/1/53-B
6/15/53-55
2-5/8)6 Certificate -
6/l/54-B
6/19/53
Certificate Bond
2-5/8)6 Certificate -
8/15/54-D
2-5/8)6 Certificate
2-7/8)6 Note
9/15/54-E
3/15/57-A
Jotal
6/19/53
1.846;S Bill
8/15/53
256
Certificate -
9/15/53
2%
Bond
9/18/53
2. 383)6 Bill
9/18/53
2-1/8)6 Note
12/1/53-A
12/1/53
8/15/5 3-C
9/15/51-53
1-7/8)6 Note
2-1/2)6 Bond
1.3/856 Note
2/15/54
I
2/15/54-A
-
3/15/54-A
Bond
2-1/4)6 Bond
2-1/4)6 Bond
6/15/52-54
6/15/52-55
6/15/54-56
2)6
1-5/8)6 Certificate
2-1/2)6 Bond
2/15/55-A
11/15/61
2-1/2)6 Bond
,
V
2/15/55-A
I1/15/6I
1-5/856 Certificate
2-I/256 Bond
f
'2-1/4)6 Certificate
12/15/54-B
12/15/58
11/15/61
7 007 of l-5/8?E Certificate
177 of 2-1/2% Bond
111,
Jotal
3/22/54
3/22/54-C
2-1/2)6 Certificate
Bond
2-1/4)6 Bond
12-1/4)6 Bond
[256
5/17/54
1-1/8% certificate -
6/1/54-B
Certificate
5/17/55-B
1-1/8)6 Certificate 1-7/8% Note
6/15/52-54
6/15/52-55
6/15/54-56
2/15/59-A
5/l7/'55-B
3,886 of 1-1/8% Certificate
2,897 of 1-7/8% Note
Total
6/18/54
.726)6
Bill
-
6/18/54
6/24/54
.956?S
Bill
-
6/24/54
'2-5/8^ Certificate -
8/15/54-D
2-5/8)6 Certificate -
9/15/54-E
8/15/54
1-1/8% Certificate
2-1/8)6 Bond
1-1/8% Certificate
2-1/8)6 Bond
Note
1-1/8% Certificate
2-1/8% Bond
8/15/55-D
Certificate 1-1/8%
12/15/55-E
1-1/4% Certificate
8/15/63
2-1/2)6 Bond
2)6
Bond
1-1/8% Certificate 1-1/4)6 Certificate
2-1/2% Bond
12/15/51-55
.
8/15/55-D
12/15/55-E
8/15/63
1-1/8% Certificate 1-1/4)6 Certificate
2-1/2)6 Bond
12/15/52-54
Bond
2^
12/15/54
12/15/54-B
-
8/15/55-D
11/15/60
3 558 of
3',806 of
Total
'1-7/8)6
8/15/55-D
11/15/60
8/15/55-D
12/15/55-E
8/15/63
Certificate
4 919 of 1-1/8%
5*359 of 1-1/4% Certificate
6
'75 5 of 2-1/2% Bond
2/
1-5/8% Note
Note
2%
3/15/56-A
8/15/57-C
2/15/55-A
1-5/8% Note
Note
2%
3/15/56-A
8/15/57-C
1-5/8% Note
Bond
3%
3/l5/5b-A
2/15/95
Total.
1-5/8^ certificate 1-1/2)6 Note
-
3/15/55-A
2-7/8)6 Bond
-
3/15/55-60
Certificate -
3/22/55-C
1-1/8)5 Certificate
5/17/55-B
5/17/55
6/22/55-F
6/22/55
1-3/8)6 Certificate
-
8/15/55-D
2/15/55
8,472 of 1-5/8% Note
Note
3,792 of 2%
Bond
.1,924 of 3%
Total
3/22/55
8/1/55
1<6
1-1/8% Certificate
Footnotes at end of table.
Note
2*
.2%
page)
(Continued on following
8/15/56-B
Certificate Note
6/22/56-B
8/15/56-B^
k6
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 6.- Disposition of Matured Public Marketable
Securities
Other Than Regular Weekly Treasury Bills - (Continued)
Called or maturity security 1/
Date of
refunding
or retirement
Issue
date
Description
Amount
outstanding
1-1/4^ Certificate -
12/15/54
5,359
1-3/4% Note
12/1/55
12/15/55-E
12/15/55-B
12/15/50
6,854
-
Total
12,213
'l-5/8% Note
.
3/15/56-A
2/15/55
8,472
1-1/2% Note
-
4/1/56-EA
4/1/51
1,007
3/22/56
1-7/8% Certificate -
3/22/56-A
7/18/55
3/23/56
2.465% Bill
3/23/56
12/55/55
1,501
6/22/56
2%
Certificate -
6/22/56-B
8/1/55
1,486
6/22/56
2-1/4% Certificate -
6/22/56-0
10/11/55
2,970
8/15/56-B
lO/l/56-EO
5/17/55
10/1/51
12,547
550
9/15/56-59
9/15/36
982
12/1/56-D
12/1/55
9,083
3/5/56
Total
9,479
'2%
7/16/56
,
Note
1-1/2% Note
Total
2,202
13,097
9/15/56
2-3/4% Bond
12/1/56
2-5/8% Certificate -
1/16/57
2.627% Bill
1/16/57
10/17/56
1,603
2/15/57
2.617% Bill
2/15/57
11/16/56
1,750
2-5/8% Certificate -
2/15/5 7-A
3/5/56
7,219
2-7/8% Note
3/15/57-A
9/15/53
2,997
1-1/2% Note
4/1/57-EA
4/1/52
531
2/15/57
Total
10,747
3/22/57
2.585% Bill
3/22/57
12/17/56
1,006
3/22/57
2-3/4% Certificate -
3/22/57-B
8/15/56
3,221
5/15/57
1-5/8% Note
5/15/57-B
10/4/54
4,155
6/24/57
3.305% Bill
6/24/57
1/16/57
1,601
6/24/57
3.231% Bill
6/24/57
2/15/57
1,750
6/24/57
3-1/4% Certificate -
6/24/5 7-C
12/1/56
2-3/4% Note
2%
8/1/57
8/1/5 7-D
Note
8/15/57-C
3-1/4% Certificate
10/1/5 7-D
1-^2% Note
10/1/5 7- EG
Total.
9/23/57
2.825% Bill
12/2/57
3-5/8% Certificate
Footnotes at end of table
9/23/57
12/1/57-E
June 1962
^7
PUBLIC DEBT OPERATIONS
Table 6.- DlBpositlon of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills - (Continued)
Disposition offers
by Treasury
Called or maturing security 1/
Date of
refunding
or retirement
Issue
date
Amount
outstanding
2/14/58-A
2/15/57
10,851
2-1/2^ Bond
3/15/56-58
6/2/41
1,449
1-1/2% Note
4/1/58-EA
4/1/53
383
3-1/4* Bill
4/15/58
8/21/57
1,751
4/15/58-B
5/1/57
2,351
Description
'3-3/8?S Certificate -
2/U/58
3-1/2* Certificate -
16,785
Total.
3/24/58
7/3/57
3,002
6/15/58-A
12/1/55
4,392
2-3/4* Bond
6/15/58-63
6/15/38
919
2-3/8* Bond
6/15/58
Bill
'2-7/8* Note
3/24/58
6/15/58
7/1/52
4,245
3. 48556
9,555
(^Total
June '58
2-5/8* Bond
2/15/65
6/15/58
7,388
July '58
2-5/8* Bond
2/15/65
6/15/58
7,
8/V58-C
9/15/56-59 12/
8/1/57
2/1/44
3/15/57-59 is/
3/1/52
Certificate
4*
2-1/4* Bond
8/1/58
2-3/8* Bond
.
Total
lO/l/58-EO
10/1/53
12/1/5 8-D
12/1/57
12/15/58
2/15/53
2-1/2* Certificate
2/14/59-A
2/14/58
1-7/8* Note
2/15/59-A
5/17/54
I-I/2* Certificate
3/24/59-D
8/6/58
1-1/2* Note
4/1/59-EA
4/1/54
5/15/59-B
6/15/58
5/15/59
1-1/4* Certificate
3-1/4* Bill
5/15/59
10/8/58
5/15/59
2.999* Bill
6/22/59
11/20/58
1-5/8* Certificate
8/1/59-C
8/1/58
Note
8/1/6I-A
8/1/57
3.293* Bill
9/21/59
2/16/59
1-1/2* Note
10/1/59-EO
10/1/54
10/1/58
1-1/2* Note
3-3/4* Certificate
12/1/58
2-1/2* Bond
Jotal
2/15/59
Total.
3/2V59
'i/1/59
6/22/59
8/1/59
4*
Total.
9/21/59
10/1/59
Cash-
retirement
Exchange
security
offered
Results of exchange offers
Exchanged
Turned
in for
cash 2/
.
^8
Treasury BulletL
PUBLIC DEBT OPERATIONS
Table 6.- Dlsposit Ion of Matured Public
Marketable Securities
Other Than Regu lar Weekly Treasury Bills (Continued)
Called or maturing security
Date of
refunding
or retirement
1/
Disposition offers
by Treasury
Issue
date
Description
Amount
outstanding
12/1/58
7,711
Cash
retirement
Results of exchange offers
Exchange
security
offered
Description of new
security offered
(See also Table 4)
Turned
in for
cash 2/
Exchanged
(In millions of dollars)
3-3/8? Certificate
11/15/59-E
[6,534
7,711
3-1/2? Note
11/15/59
Total maturities
11/15/59-B
10/10/58
306
[4-3/4? Certificate
II/I5/6O-C
H/15/63-C
4-7/8? Note
- II/15/63-C
r
1,184
504
I
1,184
457
.
223
529
8,894
,
Note
8/15/62-B
9/26/57
Total
8,894
8,365
2,000
2,000
1,684 12/
10,895
A%
/ 4-3/4? Certificate - 11/15/60-0
I 4-7/8? Note
_ ll/15/63-C
1,4-7/8? Note
871
[
10,895
12/22/59
3.565? Bill
12/22/59
5/15/59
1,500
1,500
I/15/6O
3.386? Bill
1/15/60
4/1/59
2,006
2/15/59
11,363
7,037
3,011
529
of 4-3/4? Certificate
of 4-7/8? Note
2,006 18/
2/15/60-A
10,049
3-3/'4? Certificate
2/15/60
1-1/2? Note
Vl/60-EA
4/1/55
2/
6,829
11,363
198
it
163
370
109
198
2/15/60
4?
11,561
11,561
8/15/62-B
9/26/57
3/22/60
f4.075? Bill
[3.719? Bill
3/22/60
3/22/60
7/8/59
7/8/59
3,005
999
Vi/eo
3,005
999
1-1/2? Note
4/1/60-EA
4/1/55
57
4/15/60
5/11/59
2,003
5/15/59
1,269
I
4-7/8? Certificate - 2/15/6I-A
4-7/8? Note
- 11/15/64-C
4-7/8? Certificate - 2/15/6I-A
4-7/8? Note
- I1/15/64-C
f 6,938
14,195
928
243
427
of 4-7/8? Certificate
of 4-7/8? Note
57
5/15/60-B
11,134
1,269
Note
f
57
32
Total
f
1
4/15/60
3.835? Bill
4?
Certificate
3-1/2? Note
5/15/60-A
2/15/57
159 12/
159
y
2/
2,003 18/
2,406
,038
2,406
5/15/60
{;:
3-1/4? Note
5/15/60-B
1/21/59
2,738
[1,708
2,738
I
Total
6,413
4.783? Bill
14.726? Bill
6/22/60
6/22/60
10/21/59
10/21/59
2,002
2,016
6/23/60 22/
2-1/2? Bond
11/15/61
2/15/54
4.728? Bill
7/15/60
7/15/59
2,001
6,413
11,177
7/15/60
6/22/60
J
8/15/60
4-3/4? Note
-
8/15/60-C
8/1/59
1-1/2? Note
-
lO/l/60-EO
10/1/55
278
6/15/62-67
- 12/15/63-68
6/15/64-69
- L2/15/64-69
5/5/42
12/1/42
4/15/43
9/15/43
10/3/60 2Q^
-
Total
10/17/60
4.860? Bill
\l,-,500
4-3/4? Certificate
12/2/59
2,007
11/15/60-0
11/15/59
2-1/8? Bond
5,751
28
9,561 22/
8/15/54
1/15/61
2,109 2J/
3/15/61 22/
.
1,504
4-7/8? Certificate
2/15/61
1/15/60
2/15/61
2/15/60
6,938
6/15/59-62
12/15/59-62
2/15/63-A
8/15/63
6/1/45
11/15/45
4/15/58
12/15/54
5,262
3,449
3,971
6,755
'2-1/4? Bond
2-1/4? Bond
2-5/8? Note
2-1/2? Bond
Total
Footnotes at end of table.
19,436
[3,674
626
12,'"
113
—
of 4-3/8? Certificate
of 4-5/8? Note"
•
3-3/4? Note
3-7/8? Bond
5/15/64-D
5/15/68
'3-1/8? Certificate
3-7/8? Bond
3,781 22/
8/1/6I-C
5/15/68
5/15
2^
2V
643
993
3-1/2? Bond
3-1/2? Bond
11/15/80
2/15/90
2,343
h'
3-1/2? Bond
11/15/98
6,609
3,979
7,037
[6,431
2,007 18/
271
[3-1/4? Note
13-3/4? Bond
-
2/15/62-F
5/15/66
2,667
878
262
[3-1/4? Note
13-3/4? Bond
3/4?
-
2/15/62-F
5/15/66
10.311
533
098
|9,098
3,806
10,844
1/15/61
5/15/6I-B
5/15/6
5/15/65-A
1
500 25/'
3,806
5.067? Bill
(-4-3/8? Certificate 4-5/8? Note
.5/8?
-
246
t
{
Total
5/15/6I-B
5/15/65-A
278
7,037
11/15/60
f 4-3/3? Certificate 14-5/8? Note
-
282
3,893
320
21/
I
11/15/60
5/I5/6I-B
5/15/65-A
2,001 18/
12,473
10/17/60
4-5
-5/8? Note
2/
2/
2,109
2,815
3,737
3,811
2-1/2? Bond
2-1/2? Bond
12-1/2? Bond
2-1/2? Bond
5,787
/ 3,500 23/
9,561
10/1/60
2,002
2,016
784
(•4-3/8? Certificate
1
10,844
335
213
of 3-1/4? Note
3 ., ,,. ..„_
of 3-3/4? Bond
1,504 18/
6,938 26/
3,670
3,000 28?
1,296
1,177
1,131
2,438
8,000
6,041
5,000 28/
1.
(Continued on following page)
3,268
22'
3-1/4? Note
8/15/62-G
5/8? Bond
1V15/67
3-^
3-3/8? Bond
Bond
2,438 of 3-3/8? 438
'-'
l3,e
604 of 3-5/8? Bond
.
I
11/15/66
1^9
hne 1962
PUBLIC DEBT OPERATIONS
Table 6.- Disposition of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills - (Continued)
Called or maturing security
Date of
refunding
of retirement
Issue
date
Description
Results of exchange offers
Disposition offers
by Treasury
1/
Amount
outstanding
Exchange
security
offered
Cash
retirement
Description of new
security offered
(See also Table 4)
Turned
in for
ca^ 2/
Exchanged
(In millions of dollars)
7/13/60
3,512
3,512
2/
3/22/61
2.823)6 Bill
3/22/61
l-l/2ie Note
4/I/6I.EA
4/1/56
144
4/1/61
4/15/61
4/15/60
2,001
4/15/61
4.608)6 Bill
5/15/61-B
5/15/6O
3,674
3,674
5/I5/6I-B
12/1/58
4,078
4,078
'4-3/8)6 Certificate
3-5/8)6 Note
5/15/61
^
6/1/11
6/22/61 10/21/60
3,504
7/15/61
7/15/60
1,501
6/1/6I
ll/15/62-H
8/15/64-E
5/15/68
4,560
2,136
658
991
289
198
8/1/57
2,136
3-1/4)6 Note
3-3/4)6 Note
3-7/8)6 Bond
ll/15/62-H
8/15/64-E
5/15/68
2,239
681
890
320
348
11/9/53
2,239
3-1/4)6 Note
3-3/4)6 Note
3-7/8)6 Bond
11/15/62-H
8/15/64-E
5/15/68
332
332
52
3-1/4)6 Note
3-3/4)6 Note
3-7/8)6 Bond
ll/15/62-H
8/15/64-E
5/15/68
12,536
4,688
4,688
1,035P
722p
495P
2,927
2,927
238p
576p
692p
7,615
9/15/61
IO/1/6I-EO
1-1/2)6 Note
3,049
131
7,615
8/I5/6O
8/1/61-A
2-3/4)6 Bond
7,829
7,829
12,536
8/1/6I-C
Note
4%
10/1/56
Total.
2-1/2)6 Bond
9/15/61
3-1/4)6 Note
3-3/4)6 Note
.3-7/8)6 Bond
5,122 22/
2,631
1,501 18/
Bond
(Panama Canal loan)
'3-1/8)6 Certificate
J
88
20/. 2-1/2)6
Bond
3/15/65-70
-
3/15/66-71
-
2/1/44
12/1/44
Total.
9/22/61
6,082
5,019
749
686
11,850
4/3/61
2-1/2)6 Bond
11/15/61
2/15/54
2.679)6 Bill
1/15/62
1/15/61
1,502
1/15/62
6,963
6,963
Note
3-1/4)6 Note
1-1/2)6 Note
-
-
_
11/15/80
2/15/90
11/15/98 2i/
3-1/4)6 Note
3-3/4)6 Bond
419
2,384
517
2/15/63-E
5/15/66 2V
11/15/74 2V'
3-7/8* Bond
1,502 18/
282p
62p
647
but
303p
452p
857p
126p
1,435
1,435
75 8p
4%
11/15/80
2/15/90
11/15/98
3-1/2)6 Bond
3-1/2)6 Bond
3-1/2)6 Bond
ri,273p
l,298p
3,642
-
av
3-1/2* Bond
3-1/2)5 Bond
3-1/2)6 Bond
1,502 18/
11/15/61
3-5/8)6 Note
11/15/80 zy
2/15/90 2V
11/15/98 2i/
2V
2^
iV
2^
1,503 2/
1,502
of 3-1/4* Note
of 3-3/4* Note
of 3-7/8)6 Bond
3-1/2)6 Bond
3-1/2)6 Bond
3-1/2)6 Bond
U,187p
1,503
9/22/61
3.131)6 Bill
183
89
8
10/16/61 10/17/60
2.473)6 Bill
10/16/61
2/15/62
Certificate
3)6
}' 523
3,504 2/
3.265)6 Bill
7/15/61
I3- 1/4)6 Note
50
50
2.788)6 Bill
6/22/61
3,599
122
ll,727
\ 829
7,753 22/
7,753
3-1/4)6 Note
5/15/62-A
5/15/63-D
5/15/62-A
5/15/63-D
Certificate
f54
Total
J%
6/1/61
8/1/6I
lU
2,001 18/
142p
2/15/62-F 11/15/60
9,098
9,098
4/1/57
551
2/15/62-A
2/15/62-D
4/1/62-EA
5/1/57
2/15/59
11,731
[\: 199p
551
370p
95p
86p
11,731
ll,316p
415p
Certificate Note
2/15/63-A
8/15/66-A
Certificate Note
2/15/63-A
8/15/66-A
'3-1/2* Certificate Note
2/15/63-A
8/15/66-A
2/15/63-A
8/15/66-A
5-1/2*
4*
'3-1/2*
4*
r
3-1/2* Certificate
Note
1.4*
f6,862p of 3-1/2* Certificate
14,454P of 4* Note
Total
B^eau of the Public Debt. f^^f^=:;^,ff^^:„=:;:Xea?:n:f basis"
source:
final figures are on
scrlption and allotment reports;
in daily Treasury statement.
are used.
Original call and maturity dates
Si'by investors other than ^^^^^f^^.f ^^^eri^f b;gl.ning 1953, see
°"^^l"€S ° B
issue; for detail of
^^e'^.tNote" below.
2/ Tax anticipation
i^
rha^^en^roSTcS
^hat'^^ld^e^s-f^fhlrbrd^^f Id be given
iS?;v5r-ris^^-e-:.riirudr^^^^^
Spen^g
2/
Of August 3,
W54, offering
aL
t^rrutrre^e^t'to ^^^iCrp^renf^rincome
Z%,
1955,
offenng (see Table
2/ 'H::pri:g'of
page.
Footnotes continued on following
November 1953, page A-1.
(see Table 4).
4).
of
an
.y
^^
^^^
profits taxes
Treasury Bulletin
50
PUBLIC DEBT OPERATIONS
Table 6.- Disposition of Matured Public Marketable Securl ties
Other Than Regular Weekly Treasury Bills - (Continued)
\
1
I
June 1962
51
PUBLIC DEBT OPERATIONS
Footnotes to Table 6.- (Continued!
Excess of maturing ^-3/A% Treasury notes over allotments of new
securities on subscriptions from holders of those notes (see Table 4,
footnotes 44 and 46).
Reopening of an earlier issue.
Treasury bonds maturing June 15, 1967, December 15,
22/ KDlders of 2-l/2^
1968, June 15, 1969, and December 15, 1969, were offered the option
to exchange the bonds during the period from September 12, 1960, to
September 20, 1960, Inclusive, the first for 3-1/2^ bonds of 1980,
the second for 3-1/2^ bonds of 1990, and the other two for 3-1/2^
bonds of 1998, subject to allotment if the combined total of subscriptions for the bonds of 1990 and 1998 exceeded an outside limit
of $4.5 billion.
2b/ Haiders of the maturing certificates were not offered preemp"tive
rights to exchange their holdings, but were permitted to present
them in payment or exchange, in whole or In part, for the 3-l/4if
notes offered in the amount of around 16.9 billion. For detail of
offering, see Table 4.
22/ Excess of maturing 4-7/8^ certificates over allotments of new
securities on subscriptions from holders of those certificates
(see Table 4, footnotes 51 and 52).
28/ From March 20 through March 22, 1961, owners of 2-l/45f bonds of June
15, 1959-62, 2-1/4% bonds of December 15, 1959-62, 2-5/8% notes
maturing February 15, 1963, and 2-l/2% bonds maturing August 15, 1963,
were granted the option of exchanging their holdings. The first
three were exchangeable for a new 3-5/8% bond due November 15, 1967,
and the last for a new 3-3/8% bond due November 15, 1966. Exchanges
were subject to allotment if subscriptions exceeded $5 billion for
the bonds of 1%7 or $3 billion for the bonds of 1966.
23/ Holders of the maturing certificates and notes were not offered
preemptive rights to exchange their holdings, but were permitted to
present them In payment or exchange, in whole or in part, for the
$5,250 million offering of 3% certificates or the 82,500 million
offering of 3-l/4% notes. For detail of offering, see Table 4.
notes over
22/ Excess of maturing 4-3/8% certificates and 3-5/8%
allotments of new securities on subscriptions from holders of those
certificates and notes(see Table 4, footnotes 55 and 56).
$1,569 million were redeemed for cash and $168 million were exchanged for the tax anticipation bills dated March^ 23, 1962 (see
i-^^""* available.
Not
" "
Preliminary.
Table 4).
P
Information on retirement of tax anticipation issues referred to in
footnote 3, in millions of dollars:
Date of
retirement
Treasury Bulletin^
52
.UNITED STATES SAVIUGS BONDS.
Series E and H are the only savings bonds currently
being sold.
Series E has been on sale since May
1,
19'+1,
and Series H has been on sale since June 1, 1952. Series
A-D were sold from March 1, 1935, through April 30, 19I+I.
Serles F and G were sold from May 1, 19'*1, through April
yi,
1952. Series J and K were sold from May 1,
1952 through,
April JO, 1957. Details of the principal changes In Issues,,
Interest yields, maturities, and other terms appear In the
Treasury Bulletins of April 1951, May 1952, May I957, October and December 1959,
and May and October I96I.
Table 1.- Sales and Redemptlone by Series, Cumulative through May 31, 1962
(In millions of dollars)
1
1
1
[Jane 1962
1.
.
,
.
,
.
,
Treasury Bulletin
5^
.UNITED STATES SAVINGS BONDS.
Table 3.- Sale" and Redemptions by Periods, Series E through K
-
(Continued)
(In millions of dollars)
Redemptions
Period
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Total
1/'
Sales
price J/
Accrued
discount 2/
42,027
3,857
Exchanges of
E bonds for
H bonds
2,500
633
661
Series E
Fiscal years:
1941-1954 i/.
1955
1956
1957
1958
1959
1960
1961
72,924
4,095
4,219
3,919
3,889
3,688
3,603
3,689
8,061
1,123
1,114
1,133
1,161
1,174
1,194
1,254
80,985
5,218
5,333
5,052
5,049
4,862
4,797
4,943
44,527
4,490
4,622
4,981
4,951
4,889
5,181
4,394
74,843
4,192
83,468
5,304
5,266
5,018
4,979
4,767
4,856
5,003
46,690
4,572
4,689
5,220
4,658
5,225
4,729
4,249
43,892
3,918
4,018
4,437
3,931
4,342
3,935
3,546
2,798
654
670
3,875
3,802
3,598
3,632
3,711
8,626
1,113
1,124
1,143
1,178
1,169
1,224
1,293
Months:
1961-July
August, , ,.
September.
276
329
284
132
100
98
408
429
337
357
340
279
300
285
58
58
October. .
November,.
December,
302
98
100
128
401
292
283
329
312
324
275
261
271
379
303
313
132
102
110
512
405
375
422
464
357
368
296
309
291
104
99
395
413
378
378
319
312
31
55
31
55
108
196
236
217
322
233
108
196
236
217
.
V
3,961
4,248
3,893
4,092
4,295
3,673
732
1,058
797
886
721
201
188
Calendar years:
1941-1954
1955
1956
1957
4,U2
1958
1959
1960
1961
1962- January, .
February.
March
April
May
314
382
392
411
783
727
883
794
703
55
54
50
52
278
212
17
17
16
19
17
16
89
61
29
21
59
20
59
66
17
15
Series H
Fiscal years:
1952-1954 V-1955 4/
1956
1957
1958
1959
1960
1961
1,055
1,130
1,041
694
782
818
704
775
1,055
1,130
1,041
694
782
818
704
775
1,509
1,177
901
631
887
54
79
143
54
79
143
722
718
828
1,509
1,177
901
631
887
722
718
828
248
198
294
267
235
248
198
294
267
235
67
67
20
20
September,
64
54
64
54
21
21
21
21
October, ,
November,
December,
67
65
60
67
20
20
19
65
19
19
60
20
20
17
16
96
96
20
20
59
59
19
19
61
61
29
29
23
23
25
201
188
322
233
Calendar years:
1952-1954
1955
1956
1957
1958
1959
1960
1961
Months
1961-July
August . .
278
212
:
,
1962-January, .
February.
March,. . .,
April..
. .
May
Source:
58
39
Daily Treasury statement; Office of Debt Analysis in the Office
of the Secretary.
17
17
16
29
21
20
17
15
Footnotes at end of Table 4.
Jane 1962
55
.UNITHD STATES SAVINGS BONDS.
Table 4.- Redemptions of Matured and Unmatured Savings Bonds
(In millions of dollars)
Period
Total
Unclassified
1/
Total
Series E
and H
Series E and H
Fi scal years:
6,137
5,109
5,621
6,515
7,251
7,846
8,958
8,544
7,249
8,557
5,319
817
792
1,761
2,747
3,941
4,263
4,115
3,730
3,621
4,126
2,673
5,651
5,074
6,149
6,985
7,301
8,264
9,630
7,255
8,772
6,732
5,595
772
1,015
2,318
3,171
4,230
4,246
4,156
3,393
4,701
3,033
2,555
423
438
415
140
218
174
102
August ,
September
October,
November,
December.
406
383
710
227
144
422
171
108
92
1962-January,.
February.
March....
621
442
479
199
307
197
127
206
458
460
201
146
154
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
C alendar
38
702
1,128
1,487
1,826
1,917
1,971
1,906
1,996
2,304
1,733
years:
1951
1952
1953
1954
1955
1956
1957
1958
1959
,
,
1960
1961
254
968
1,328
1,500
2,047
1,891
2,084
1,691
2,433
1,944
1,633
Months:
1961- July
.
April.
May
.
,
198
160
130
145
779
90
633 6/
1,260 6/
2,115
2,345
2,144
1,824
1,625
1,822 7/
940 8/
Other
m/
.
.
Treasury Bulletin
56
OWNERSHIP OF FEDERAL SECURITIES,
Table 1.- Distribution of Federal Securities by Classes of Investors and Types of Issues
(In millions of dollars)
Interest-bearing securities issued
by the U. S. Government
Total
Federal
securities outstanding
1/
End of
fiscal
year or
month
Total
outstanding
Held by U, S. Government
investment accounts 2/
Public
issues
Special
issues
49,340
50,536
53,470
55,501
55,842
7,111
7,286
8,356
8,674
9,596
42,229
43,250
270,634
27b, W>
268,910
271,741
269,883
268,486
274,698
1959
1960
1961
284,817
286,471
289,211
281,833
283,241
285,672
54,554
55,259
56,002
1%0-Deo ember.
290,373
286,820
1961- July
August ...
September
292,643
294,020
October.
November
December.
Interest-bearing securities guar!
anteed by the U.S. Government
^
Held by private
investors 2/
Held by
Federal
Reserve
Banks public
issues
Held by
a.
Public
marketable
issues
s.
Total
Government
outinvestment
standing
accounts
Public
nonmarketable
issues
46,827
46,246
194,533
197,598
192,655
189,949
193,418
121,771
127,875
126,304
127,179
134,593
72,762
69,723
66,351
62,770
58,825
106
101
9,799
10,360
10,959
44,756
44,899
45,043
26,044
26,523
27,253
201,235
201,459
202,417
144,983
149,546
151,392
56,252
51,913
51,025
110
139
240
63
79
54,985
10,639
44,346
27,384
204,451
153,515
50,936
288,998
290,659
290,773
55,128
56,383
55,814
10,931
10,810
10,807
44,198
45,573
45,007
27,422
27,697
27,799
206,448
206,579
207,160
155,379
155,063
155,741
295,959
297,325
296,499
292,709
293,604
292,689
54,897
55,299
54,406
11,006
11,082
10,886
43,890
44,217
43,520
28,268
29,210
28,881
209,545
209,094
209,402
March
296,860
297,354
296,489
293,111
293,549
292,485
53,630
54,021
54,314
11,325
11,270
11,505
42,304
42,751
42,809
28,532
28,360
29,061
April
297,357
293,361
53,596
11,474
42,122
29,182
271,3-il
274, "ilS
272,825
293, 9W
1962-January, .,
February.
45, lU
Daily Treasury statement Xor total amounts outstanding; reports
Source:
from agencies and trust funds for securities held by U. S, Government
investment accounts; and reports from Federal Reserve System for
securities held by Federal Reserve Banks.
1/ Includes certain obligations not subject to statutory limitation. For
amounts subject to limitation, see page 1.
2/ Includes accounts under the control of certain U. S, Government agencies
2/
debt
and
debt
bearing
no
interest
i/'
25,037
23,607
23,758
23,035
25,438
195A
1955
1956
1957
1958
Held by
private
investors
Matured
80
41
48
56
46
2,351
2,634
2,869
2,042
1,646
87
47
60
153
2,873
3,090
3,300
155
81
74
3,397
51,069
51,516
51,419
237
248
270
87
88
94
151
161
177
3,407
3,057
2,978
158,378
157,763
158,600
51,166
51,331
50,803
298
112
114
119
187
200
211
2,952
3,407
3,480
210,949
211,168
209,109
160,154
160,348
158,324
50,794
50,820
50,785
344
369
400
129
134
U5
215
235
256
3,405
3,436
3,605
210,583
159,848
50,734
404
151
253
3,592
J/
^
80
43
3
25
50
54
73
3U
330
whose investments are handled outside the Treasury.
The total amount of interest-bearing securities held by private investors is calculated by deducting from the total amount outstanding
the amount held by U. S. Government investment accounts and Federal
Reserve Banks.
Consists of guaranteed secxjrities held outside the Treasury. All are
*
public marketable issues,
Less than $500,000.
Table 2.- Net Market Purchases or Sales of Federal Securities for
Investment Accounts Handled by the Treasury 1/
(In millions of dollars; negative figures are net sales)
Year
Jan.
Feb.
1943.
1944,
-U.5
-9.9
-20.9
12.0
30.0
-90.3
-105.1
1945
-67.5
-8.1
-48.1
-.7
1940,
1941.
1942
1946,
1947,
1948,
1949,
1950,
1951
1952
1953
1954,
1955
1956,
1957,
1958
1959,
-9.5
-2.8
-.5
.1
1/
5.1
3.5
1.5
8.2
.4
-4.7
106.8
5.1
-61.3
-12.1
-338.6
-30, 4
1.5
-54, 7
6.3
1.1
8.4
19.9
36.2
-1.9
11.4
2.9
35.9
2.8
20.1
-45.5
1.4
7.9
-21.7
56.2
5.7
313.4
-86.3
53.1
22.5
398.8
15.8
177.2
9.9
74.8
49.2
182.4
445.5
32.2
20.3
9.4
16.4
21.8
-U.5
35.5
19.5
18.2
24.2
39.9
15.4
25.6
77.2
-9.8
16.5
-17.0
-157.8
-609.1
-8.4
-15.8
-19.0
-34.4
23.0
-1.3
14.3
-21.3
47.1
-56.4
-69.8
-359.2
1.1
-88.4
-2.3
-67.8
-18.5
3.3
12.9
-22.4
17.5
-145.8
20.5
-55.6
6.7
8.8
-4.0
-5.6
76.9
.4
,3
-5.9
482.7
1%0,
.9
-16.5
13.5
261.2
23.0
-.3
.4
-35.2
-10.0
-6.6
36.8
22.1
24.6
7.0
-123.4
14.1
Sept.
Aug.
5.8
-72.9
-11.5
177.4
-1.8
72.6
-155.9
-1.6
-.2
-.2
8.8
1961,
1962
-5.7
July
June
Apr.
.5
18.9
10.7
13.4
10.6
62.2
43.1
56.1
13.9
.3
.4
-2.9
29.9
46.7
35.4
-2.1
U.O
Consists of purchases or sales made by the Treasury of securities issued
or guaranteed by the U, S, Government for (l) trust funds which by law
are under the control of the Secretary of the Treasury or of the
Treasurer of the United States, and (2) accounts under the control of
certain U. S. Government agencies whose investments are handled through
the facilities of the Treasury Department.
It will be noted that these
5.4
-.1
.2
-.2
-41.2
-308.1
4.4
3.8
-4.5
Oct.
-.3
-1.1
60.0
-5.0
-5.9
-4.4
-.2
1.0
-2.7
-28.1
-12.5
-74.1
-123.1
7.2
4.6
Nov.
4.8
-12.0
-57.6
221.0
-.8
-20.3
696.4
-.2
-.1
.3
-123.0
-U.l
.1
-1.7
11.5
5.0
2.8
3.5
38.4
-10.0
5.8
8.4
16.5
17.0
21.1
10.7
-3.6
11.7
-1.1
7.0
29.0
14.2
41.0
-30.7
19,
18,
11.8
8.4
10.3
10.6
28.3
56.2
26.6
17.3
41.1
7.9
83.9
-67.3
55.1
71.6
234.8
21.3
33.3
43.7
113.1
44.4
17.3
3.4
25.1
25.5
36.8
105.5
57.3
39.7
27.8
-2.0
4.7
1.9
.4
-17.2
26.
8.2
.6
transactions differ from those reflected in Table 1 because they
exclude those Government investment accounts for which investments
are not handled by the Treasury. Table 2 also includes purchases
under Section 19 of the Second Liberty Bond Act, as amended (31^
U.S.C. 754a), and excludes the Exchange Stabilization Fund.
Less than $50,000.
June 1962
57
OWNERSHIP OF FEDERAL SECURITIES.
Table 3.- Estimated Ownership of Federal Securities
alues 1/ In billions of dollars)
Held by banks
Total
Federal
End of
month
Held by private nonbank investors
U.
S.
CommerGovernment
Federal
cial
investment
Reserve
banks
accounts
Banks
secxiritles
outstandIng 2/
Individuals
^
Savings bonds
Total
Total
2/
1939-
47.6
18.4
15.9
2.5
6.5
22.7
1940- -June.
48.5
50.9
18.6
19.5
16.1
17.3
2.5
2.2
7.1
7.6
22.8
23.9
10.1
10.6
55.3
64.3
21,8
23.7
19.7
21.4
2.2
2.3
8.5
9.5
25.0
31.0
11.2
13,6
77.0
112.5
28.7
47.3
26.0
41.1
2.6
6.2
10.6
12.2
37.7
53.0
Dec.
140.8
170.1
59.4
71.5
52.2
59.9
7.2
11.5
14.3
16.9
1944- June.
202.6
2 32,1
83.3
96,5
68.4
77.7
14.9
18.8
19.1
Dec.
1945- -June.
259,1
278,7
106,0
115.0
84.2
90.8
279,8
269.9
259.5
116.7
108.2
97.9
258.4
257.0
Dec.
Series
E and H
Other
series
^
Other Insurance
secu- companies
rities
Mutual
savings
banks
State and
Corpora local
tlons 6/ governments
1.9
8.2
6.3
3.1
2.2
2.6
2.8
7.5
7.8
6.5
6.9
3.1
3.2
2.1
2.0
.4
.5
1.1
3.4
4.2
7.6
8.2
7.1
8.2
3.4
3.7
2.0
4.0
.6
.7
17.8
23,7
3.7
6.9
5.4
6.5
8.7
10.3
9.2
11.3
3.9
4.5
4.9
.9
10.1
1.0
67.0
81.7
30.9
37.6
11.3
16.0
7.9
8.7
11.7
12.9
13.
15.
5.3
6.1
12.9
16.4
2.1
21.7
100.2
IIA.O
46.1
53.3
21.1
25,5
10.1
10.7
14.9
17.1
17.3
19.6
7.3
8.3
20.2
21.4
4.3
21.8
24.3
24.9
27.0
128.2
136.6
59.1
64.1
29.1
30.7
11,6
12.2
13.5
21.2
22.7
24.0
9.6
10.7
23.3
22,2
5.3
6.5
93.8
84.4
74.5
22.9
23.8
23.3
28.0
29.1
30.9
135.1
132.6
130.7
64.1
63.3
64.2
30.8
30.4
30.3
12.5
13.1
13.9
20.8
19.9
20.1
24,4
24.9
24.9
11,1
11.5
11.8
19.9
17.8
15.3
6.7
6.5
6.3
91.9
91.3
70.0
68,7
21.9
22.6
32.3
34.4
133.7
131,3
66.6
65.7
30.8
31,0
14.7
15.2
21.1
19.4
24.6
23.9
12.1
12.0
13.7
14,1
7.1
7.3
252.4
252.9
85.9
85.8
64,6
62.5
21.4
23.3
35.3
37.3
130,7
129.7
65.8
65.5
31.6
32.2
15.5
15,6
18.6
17.6
22.8
21.2
12.0
11.5
13.6
14.8
7.8
7.9
1949- June.
Dec.
252.8
257.2
82.4
85.7
63.0
66,8
19.3
13,9
33.3
39.4
132.2
132.1
66.6
66,3
33.1
33,3
15,7
15.5
17.8
17.0
20.5
20.1
11.6
11.4
15.8
16.8
8.0
8.1
1950-June.
257.4
256.7
33.9
32.6
65.6
61.8
18.3
37.8
39,2
135.6
134.9
67,4
66.3
34.5
34.5
15.4
15.1
17.6
16.7
19.8
18.7
11.6
10.9
18.4
19.7
3.7
20.3
255.3
259.5
81.4
85.4
58.4
61.6
23.0
23.3
41.0
42.3
132.9
131.8
65.4
64.6
34.5
34.7
14.6
14.4
16.3
15.5
17.1
16.5
10.2
9.8
20.1
20.7
9.4
9.6
259.2
267.4
84.0
88.1
61,1
63.4
22,9
24.7
44.3
45.9
130.8
133.4
64.8
65.2
34.9
35.3
14.1
13.8
15.7
16.0
15.7
16.0
9.6
9.5
18.8
19.9
10.4
11.1
266.1
275.2
83.6
89.6
58.8
63.7
24.7
25.9
47.6
48.3
135.0
137.3
66.1
64.8
36.0
36.7
13.2
Dec.
12.7
16.8
15.4
16.0
15.9
9.5
9.2
13.6
21.5
12.0
12.7
1954- June.
Dec.
271.3
278.8
88.7
94.1
63.6
69.2
25.0
24.9
49.3
49.6
133.3
135.1
64.7
63.4
37.5
33.2
11.7
15.1
13.5
15.4
15.3
16.6
19.2
13.9
14.4
1955-June.
Dec.
274.4
280.8
87.1
86.8
63.5
23.6
24.8
50.5
51.7
136.7
U2.3
65.0
64.7
39.3
40.1
10.9
10.2
14.8
14.5
15.0
62.0
14.6
8.7
8.5
18.3
23.5
14.7
15.4
1956-June.
272.8
276.7
81.0
84.4
57.3
59.5
23.8
24.9
53.5
54.0
138.3
138.2
66.2
65.5
40.9
41.4
9.4
8.7
15.9
15.4
13.6
13,2
8.4
8.0
17.7
19.1
16.1
16.3
270.6
275.0
79.2
83.7
56.2
59.5
23.0
24.2
55.6
55.2
135.9
136,1
65.6
64.0
41.5
41.6
7.6
6.6
16.5
15.8
12.7
12.5
7.9
7.6
16.8
18.6
16.8
16.6
276.4
283.0
90.7
93.9
65.
67,
25.4
26.3
55.9
54.4
129,9
134.3
63.7
63.0
42.1
42.5
5.9
5.2
15.7
15.3
12.2
12.7
7.4
7.3
14.8
18.8
16,3
16,5
284.8
290.9
87.6
86.9
61.5
60.3
26.0
26.6
54.6
53.7
142.6
150,3
65.4
68.2
42.6
42.4
4.5
3.5
18.4
22.3
12.6
12.5
7.3
6.9
20.7
22.6
16.9
18.0
286.5
290.4
81.8
89.5
55.3
62.1
26.
27.
55.3
55.1
U9.3
68.4
65.6
42.5
42.9
2.7
22.8
20.0
12.0
11.9
6.6
6.3
20.7
19.7
18.8
145.8
54.6
54.5
54.9
43.1
43.2
43.3
2.7
2.7
2.6
19.9
19.9
20.0
11.9
11.8
11.7
6.3
6.4
6.6
20.1
21.2
M6.4
65.7
65.3
65.9
19.5
18.3
13.5
18.7
145.7
145.8
143.3
64.9
64.7
64.3
43.4
43.5
43.6
2.6
2.5
2.5
19.0
18.7
18.3
11.6
11.6
11.4
6.3
6.3
6.3
20.5
21.2
19.4
18.5
18.5
18.7
144.5
64.8
65.2
65.3
43.7
43.8
43.9
2.4
2.4
2.4
18.6
19.0
19.0
11.5
11.5
11.5
6.3
6.3
6.3
19.5
19.8
18.4
18.7
18.6
2.4
2.4
2.2
19,1
19.2
19,4
11.6
11.5
11.4
6.2
6.2
6.1
19.3
20.1
19.3
18.4
18.2
18.3
6.2
6.3
6.6
20.2
21. Ir
19.9
18.6
18.8
19.1
6.3
20.1
19.2
Dec.
1941- June.
Dec.
1942- June,
Dec.
1943- June,
Dec.
1946- Feb.
8/.
June ....
Dec
1947-June.
Dec.
1948- June.
Dec
.
1951- June.
Dec.
1952-June.
Dec.
1953-June.
Dec.
1957- June.
Dec.
1958-June.
Dec.
1959-June.
Dec.
1960- June.
Dec.
1961- Jan..
Feb. .
Mar..
290.2
290.7
287.7
89.3
88.6
86.4
62.7
61.9
59.7
26.6
26.7
26.7
Apr*.
May.
June.
288.2
290.4
289.2
88.5
61.7
62.1
62.5
26.8
26.9
27.3
54.0
July,
Aug..
Sept.
292.6
294.0
294.0
92.9
92.8
94.4
65.
27.4
27.7
27.3
55.2
56.5
66,
55.9
144,7
143.7
Feb,.
Mar,,
.
95.5
96.1
96.1
67.3
66.9
67.2
28.3
29.2
28.9
55.0
55.4
54.5
M5.4
145.3
145.9
65.4
65.7
65.8
44.0
44.1
44.2
96.3
94,9
93.1
67.8
66.6
64.0
23.5
28.4
29.1
53.8
54.2
54.5
146.8
148,3
149.0
66.0
66.1
66.3
44,3
44.4
44.5
2.2
2.2
2.1
19.5
19.5
19.7
11.6
11.5
11.5
53.7
149.1
66.1
44.5
2.1
19.5
11.5
297.4
94.5
65.3
29.2
Office of Debt Analysis in the Office of the Secretary.
Source:
Included at
1/ United States savings bonds, Series A-F and J, are
current redemption value.
excluding
2/ Securities issued or guaranteed by the U. S. Government,
guaranteed securities held by the Treasury.
and stock savings banks
2/ Consists of commercial banks, trust companies,
possessions.
in the United States and in Territories and island
Figures exclude securities held in trust departments.
'
3.1
296.9
297.4
296.5
Dec.
1962- Jan..
p.
65.
55.5
56.1
147.7
12.1
296.0
297,3
296.5
Oct..
Nov.
Apr
89.0
39.8
U6.4
.2
V
6/
2/
8/
P
1.5
3.2
18.2
18.5
Includes partnerships and personal trust accounts.
Discontinued series. See savings bonds tables.
Exclusive of banks and insurance companies.
Includes savings and loan associations, nonprofit Institutions,
corporate pension trust funds, dealers and brokers, and Investments
country.
of foreign balances and international accounts in this
Immediate postwar debt peak.
Revised.
r
Preliminary.
Treasury Bulletin
5«
|
.TEEASUEY SUBTEY OF OWNERSHIP, APRIL 30, 1962
The monthly Treasury Survey of Ownership covers eeou-
rltlee leeued by the United States Government and by Federal agencies.
The banlLS and Insurance companies Included
In the Survey currently account for about 90 percent of all
such securities held by these Institutions.
The similar
proportion for corporations and for savings and loan associations Is 50 percent, and for State and local governments
60 percent.
Data were first published for banks and In-
surance companies In the May
Section
I
-
19'+1
corporations and savings and loan associations In the September 1960 Bulletin, and for State and local governments
1
In the February 1962 Bulletin.
Holdings by commercial bamks distributed according to
Federal Reserve member-bank classes and nonmember banks are
published for June 30 and December 3I. Holdings by corporate pension trust funds are published quarterly, first,
appearing In the March
195I+
Bulletin.
Treasury Bulletin, for
Securities Issued or Guaranteed by the United States Government
Table 1.- Summary of All Securities
(Par values - in millions of dollars)
59
June 1962
.TEEASUEY
SUWEY OF OWNERSHIP, APRIL
30, 1962
Government
Section 1 - Securities Issued or Guaranteed by the United States
Securities by Issues
Table 3.- Interest-Bearing Public Marketable
Par values - in millions of dollars)
Held by investors covered in Treasury Survey
State and loca
governments
Insurance companies
Total
amount
outstand-
Issue
298
general
funds
ing
treasury bills:
Regular weekly.
May
1962 - July 1962...
1962 - Oct. 1962...
Aug.
Tax anticipation:
1962
June
1962
Sept.
U. S. Government investment accounts
and Federal
Reserve Banks
2,193
839
23,314
7,805
12,047
4,372
4,124
21,563
5,188
,342
700
Other:
July
Oct.
Jan.
Apr.
1962
1962
1963
1963
292
Total Treasury bills
201
333
Certificates of indebtedness:
1962-A
~3^
May
1963-A
Feb.
3-1/2
122
Total certificates of Indebtedness
142
1.459
1,206
5,698
3,259
104
612
337
2,305
1,230
287
Treasury notes:
1962-E.
1962-B. .
1962-a...
1962-C...
1962-H. ..
1963-A.
1963-E...
1963-B...
1963-D...
1963-C...
1964-D. .
1964-A. ..
1964-B...
1964-E...
1964-C...
1965-A.
1966- A..
1962-EO.
1963-EA.
1963-EO.
1964-EA.
1964-EO.
1965-EA.
1965-EO.
1966-EA.
1966-EO.
1967-EA.
.
3-lA
3.3A
3.1A
2-5/8
3-1/^
J,
3.1/4
4-7/8
3-3/4
4-3/4
5
3-3/4
4-7/8
4-5/8
4
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
Aug.
Nov.
Nov.
Feb.
Feb.
May
May
Nov.
May
May
Aug.
Aug.
Nov.
May
Aug.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
.
.
Total Treasury notes...
64,511
22,339
Treasury bonds:
1959-62
1959-62
1960-65 12/.
1962-67
1963
1963-68
1964
1964-69
1964-69
1965
1965-70
1966-71
1966
1966
1966
1967-72
1967-72
1967
1967-72
1963
1968
1969
1971
1974
1975-85
1978-83
3,963
2,270
1,485
1,463
4,317
1,817
2,700
2,635
2,552
4,682
2,427
1,417
3,597
1,484
2,438
1,338
1,952
3,604
2,847
2,460
1,258
2,538
2,806
1,171
470
1,595
(Continued on following page)
Footnotes at end of Table 4.
18,215
16,432
I
60
Treasury Bulletin\
.TREASURY SURVEY OF OWNERSHIP, APRIL 30, 1962
Section I - Securities Issued or Guaranteed by the United
States Government
Table 3.- Interest-Bearing Public Marketable Securities
by Issues -
(Continued)
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Insurance companies
Issue
Total
amount
outstanding
Treasury bonds
Feb.
Nov.
-
6,211
commercial
banks
2/ 2/
May
1,446
1,916
1,132
66
90
114
Feb.
Feb.
Nov.
1990.
1995.
1998.
4^15
157
2,659
4,462
Total Treasury bonds...
77,815
Guaranteed securities 8/.
404
3-1/2
3
3-1/2
512 fire,
303
life
casualty,
and
marine
488
savings
and loan
associations
(Continued):
1980.
1980.
1985.
3-1/2
3-1/4
510
mutual
savings
banks
2/
Total public marketable
securities
Footnotes at end of Table A.
198,542
65
154
432
181
31
35
167
47
58
25
27
105
110
479
143
600
1,004
212
1,075
96
33
34
168
62
103
23,896
4,157
4,153
2,711
60
43
16
6,089
4,973
,281
45
57,256
1
June 1962
61
.TEEASUBY SUBTEY OF OWNERSHIP, APRIL 30, 1962
Section
.
II
-
Interest-Bearing Securities Issued by Federal Agencies But
Not Guaranteed by the United States Government
62
Treasury Bulletin
MARKCT QUOTATIONS ON TREASURY SECURITIES,
MAY 31, 1962
Current market quotations shown here are over-the-
counter closing bid quotations In the New York market
for the last trading day of the month, as reported
to
the Treasury by the Federal Reserve Bank of New York.
The securities listed Include all regularly quoted
public
Amount outstanding (millions)
13-«eek
tl,200
1,201
1,200
1,201
1,201
1,202
1,204
1,200
1,300
1,301
marketable securities Issued by the United
States Government.
Outstanding Issues which are
guaranteed by the
United States Government are excluded because
they are
not regularly quoted In the market.
Jatie
1962
63
MARKET QUOTATIONS ON TREASURY SECURITIES, MAY 31, 1962
Table 4.- Taxable Treasury Bonds
(Price decimals are 32nds)
Amount
outstanding
(millions)
2,270
4,317
2,700
/;,682
3,597
1,484
2,438
1,463
3.604
Description
6/15/59-62
12/15/59-62
8/15/63
2/15/64
2/15/65
3-3/8
2-1/2
3-5/8
3-7/8
3-3/4
2-1/2
2-1/2
2,552
2,426
1,416
2,806
1,204
2-1/2
2-1/2
2-1/2
1,337
1,952
2,842
1,171
1,446
1,916
2-1/2
2-1/2
2-1/2
3-7/8
1.594
1,131
3-1/4
3-1/4
4-1/4
3-1/2
470
4,915
2,653
4,462
4
4
3-7/8
V
6/15/78-83 V
5/15/35 v
5/15/75-85 V
2/15/90 ^
2/15/95 V
11/15/98 V
4
3-1/2
3
3-1/2
Footnotes at end of Table
100.20
99.28
93.08
92.06
101.10
6/15/67-72
9/15/67-72
12/15/67-72
11/15/74 i/
2/15/8O
11/15/80 i/
3
Change
from
last
month
call or
maturity
2/
+ .06
+ .02
+ .06
12/15/64-69
3/15/65-70
3/15/66-71
8/15/71
11/15/71
3-3/4
100.22
98.08
99.09
95.08
99.28
To first
4/6/46
4/6/46
4/18/58
4/21/58
6/5/58
91.30
91.18
91.05
92.06
89.00
7/24/57
7/24/57
9/15/59
9/15/59
1/6/60
11/15/60
2/28/58
3/15/61
5/5/42
3/15/61
102.11
103.20
100.06
108.12
100.24
5/15/61
4/21/58
5/15/61
4/6/46
5/12/61
99.09
89.24
97.10
84.22
97.18
2/1/62
1/6/60
12/12/61
9/15/59
8/8/61
6/23/60
4/18/62
12/1/42
4/15/43
10/1/57
102.04
100. 06^
108.03
107.25
110.14
5/12/6I
4/10/62
4/6/46
4/6/46
4/21/58
98.11
99.17
82.08
81.10
94.04
6/9/60
5/21/62
1/6/6O
1/6/6O
12/30/59
.00
9/15/43
2/1/44
12/1/44
3/1/62
5/15/62
107.24
107.23
107.22
101.15
99.31
4/6/46
4/6/46
4/6/46
4/4/62
5/10/62
81.04
80.10
79.28
99.04
99.11
1/6/60
1/6/60
1/6/60
2/20/62
5/21/62
+ .11
+ .09
+ .10
+ .03
+ .05
+ .04
6/1/45
10/20/41
11/15/45
12/2/57
1/23/59
10/3/60
106.16
109.18
106.16
110.24
103.18
97.24
4/6/46
4/6/46
4/6/46
4/22/58
5/12/61
5/12/61
79.12
78.24
79.06
92.08
93.08
91.08
1/6/60
1/6/60
1/6/60
1/6/60
1/6/60
2/20/62
-.02
-.05
-.01
5/1/53
6/3/58
4/5/60
2/14/58
2/15/55
10/3/60
111.28
101.04
105.28
106.26
101.12
95.14
8/4/54
6/11/58
5/5/61
4/21/58
6/8/55
5/12/61
82.06
82.04
98.10
84.08
79.08
87.10
1/6/6O
1/6/60
5/19/6O
1/6/60
1/6/60
2/20/62
-.06^
-.07
-.12
-.04
3.56
3.45
3.55
3.54
3.65
-.06
-.06
-.07
-.20
-.22
-.04
3.75
3.77
+ .03
3.67
3.77
3.79
+ .13
+ .13
+ .01
91.16
91.10
90.12
100.24
99.21
-.24
-.24
-.22
-.10
+.oii
3.81
3.80
3.80
3.90
3.92
+ .13
+ .13
+ .11
+ .04
89.10
89.06
89.06
99.16
100.14
94.16
-.24
-.24
-.24
-.06
-.20
-.14
3.80
3.77
3.75
3.93
3.97
3.92
91.04
91.00
104.10
91.30
86.18
90.22
+ .08
+ .22
+ .04
3.87
3.84
3.83
3.99
3.72
3.99
+ .07
+ .05
-.16
+ .06
-.24
-.30
-.30
Date
Date
104.20
104.21
100.24
103.19
100.13
2.55^
2.93
3.06
3.28
+ .02
+ .04
High
Issue
date
6/1/45
11/15/45
12/15/54
2/14/58
6/15/58
-.02i
5/15/68
8/15/68
12/15/63-68
6/15/64-69
10/1/69
3
2-5/8
99.31
99.27
99.16
99.29
98.10
5/15/66
3/15/66
liyi5/66
6/15/62-67
11/15/67
2-1/4^
2-1/4
2-1/2
2,460
1,258
1,817
2,635
2,538
Change
from
last
month
Bid
Price range since first traded 1/
Yield
Price
.00
-.04
+ .13
-.02
+ .04
+ .05
+ .06
+ .06
5.
Table 5.- Partially Tax-Exempt Treasury Bonds
(Price decimals are 32nds)
Amount
outstanding
(millions)
$1,485
Description
Bid
Change
from
last
month
2-3/4i6
12/15/60-65
100.22
Price range since first traded
Yield
Price
To first
call or
maturity
2/
.00
closing bid quotations in the oyer-
prices are
1/
^ Beginning April 1953, Prices for prior dates are the mean of cl°^^"g
^hf-Ser market.
^^^
before October 1, 1939, they are closing
and ask quotations, except that
Issued" prices are included
prices on the New iork Stock Exchange. "When
Dates of highs and lows in
in the history beginning October 1, 1939.
case of recurrence are the latest dates.
Change
from
last
month
.19%
1.44%
Issue
date
High
Price
12/15/33
1/
1/25/46
119.00
95.16
Date
12/28/59
_L
2/
i;
the yield to earliest
On callable issues market convention treats
selling above par,
call date as more significant when an issue is
below.
and to maturity when it is selling at par or
Not quoted on May 31, 1962.
Treasury bonds
Included in the average yield of long-term taxable
Long-Term Bonds."
as shown under "Average Yields of
6^^
Treasury Bulletin^
MARKET QUOTATIONS ON TREASURY SECURITIES,
MAY 31, 1962
o
o
65
Jane 1962
LOHG-TEm BONDS.
.AVEE?;CE YIELDS OF
Table 1.- Average Yields of Taxable Treasury and Moody's Aaa Corporate Bonds by Periods
(Percent per annum)
Treasury
bonds 1/
Period
Moody* 3 Aaa
corporate
bonds
Treasury
bonds 1/
Period
Moody' s Aaa
corporate
bonds
Treasury
bonds 1/
Moody's Aaa
corporate
bonds
Annual series - calendar year averages of monthly series
2.46
2.47
2.48
2.37
2.19
2.25
2.44
2.83
2.73
2.72
2.62
2.53
2.61
2.82
1949.
1950.
1951.
1952.
1953.
1954.
1955.
1953-Aprll
2.97 2/
3.23
3.34
3.40
3.28
3.24
3.29
3.16
3.11
3.13
1956- July
August
September . .
October ....
November .
December. .
3.11
3.13
3.02
3.02
2.98
2.83
May
June
July
August
September.
October. ..
November . .
December. .
.
1954- January. .
February.
2.86
2.79 2/
2.69
2.62
2.53
2.48
2.54
2.55 2/
2.47
2.48
2.52
2.54
2.57
2.59 2/
.
March
April
May
June
July
Axigust
September.
October. .
November
December.
.
.
1955- January. .
February.
March
April
May
June
July
August ....
September.
October. ..
November.
December.
3.06
2.95
2.86
2.85
2.88
2.68 2/
2.78
2.78 2/
2.82
2.81
2.82
2.91
2.95
2.92
2.87
2.89
2.91
.
2.93
2.99
2.88
2.85
2.93 2/
3.07
2.97
2.93
1956-January.
February.
.
March
April
Uay
June
2.90
2.89
2.87
2.89
2.87
2.89
2.90
3.02
3.01
3.04
3.05
3.06
3.11
3.13
Monthly series - averages of daily series
3.28
3.00
3.43
3.17
1957-January.
February.
March
April
.
15..
22..
29..
1962-January
5..
12..
19..
26..
.
May
June
July
August
September.
October. .
November. .
December.
.
.
May
June
July
August
September.
October.
November..
December.
.
June
July
4.07
4.06
4.08
4.08
4.08
August ....
September.
March
2..
3..
4..
3.87
3.87
3.87
3.87
4.31
4.30
4.30
4.30
9..
10..
11..
3.87
3.86
3.85
3.85
3-84
4.30
4.29
4.29
4.28
4.28
1..
1962-May
2/
.
4.11 2/
4.12
4.27
4.57
4.56
4.58
.
4.37
.
1950-January. .
February.
March
April
..
May
June
July
August
September.
October. . .
November.
December.
1961-January. .
February.
March
April
May
June
July
—
August
September.
October.
November
December.
.
.
,85
09
11
09
3.36
3.89
3.79
4.38
4.41
4.35
1959-October
November.
December.
3.60
3.59
3.63
3.60
3.57
3.57
3.67
1962-January. .
February.
,08
.12
March
April
.U
May
.13
.23
.37
.46
.47
.43
.52
2..
9..
16..
23..
4.10
4.09
4.08
4.12
4.42
4.42
4.43
4.42
2..
9..
16..
23..
30..
4.08
4:06
4.02
3.97
3.96
4.42
4.40
4.39
4.39
4.38
Daily series
1Q62-May
2/
4.10
4.12
4.10
4.08
3.81
3.08
3.47
3.43
4.08
4.02
3.90
1956.
1957.
1958.
1959.
1960.
1961.
averages of daily series for weeks ending
1962-February
4.43
4.42
4.42
4.41
2/ 2/
3.91 2/
3.92
3.92
4.01
4.08
4.09
4.11
4.10
4.26
March
April
May
-
2/
3.70
3.80
1959- January. .
February.
3.11
3.08
3.10
3.24
3.28
3.27
3.77
3.67
3.66
3.67
3.74
3.91
3.99
3.24 2/
3.28
3.25
3.12
3.14
3.20 2/
3.36
3.60
3.75
3.76
1958-January
February...
March
April
.
3.56
3.59
3.69
3.75
3.34
3.22
3.26
3.32
3.40
3.58
3.60
3.63
3.66
3.73
3.57
3.30
.
3.10
3.10
3.15
4.38
4.39
4.42
4.44
4.44
4.01
4.05
4.06
4.06
3.21
3.20
3.30
3.40
.
Weekly series
1961-December
2.66
2.62
2.86
2.96
3.20
2.90
3.06
2.31
2.32
2.57
2.68
2.94
2.55
2.84
1942.
1943.
1944.
1945.
1946.
1947.
1948.
-
14..
15..
16..
17..
18..
21..
22..
27..
3.90
3.89
3.88
3.90
May
4..
11..
18..
25..
3.87
3.85
3.87
3.90
1962-May
23..
24..
25..
3.90
3.90
3.89
28.
29.
30.
31.
3.88
3.89
1962-April
13..
20..
unweighted averages
3.86
3.87
3.87
3.87
3.90
3.92
3.9]
4.28
4.28
4.28
4.28
4.28
4.27
4.27
i/
3.90
66
Treasury BuUethf,
AVERAGE YIELDS OF LONG-TERM BONDS.
8
c
o
o
<b
(9
^*
hue 1962
67
INTERNAL REVENUE COLLECTIONS
Table 1.- Summary by Principal Sources
(In thousands of dollars)
Individual income tax and employment taxes
Fiscal
year
or month
Budget
receipts from
internal
revenue
Adjustment of
collections
to budget
receipts 1/
Total collections reported
by Internal
Revenue Service
Corporation
income and
profits
taxes
Individual
income tax not
withheld 2/
Total
Individual
income tax
withheld 2/
69,934,980
66,288,692
75,112,649 i/
80,171,971
79,978,476
21,546,322
18,264,720
21,298,522
21,530,653
20,533,316
37,921,314
37,869,770
42,633,426
46,610,293
47,212,944
10,736,578
10,396,480
11,321,966
12,302,229
11,527,648
22,077,113
21,253,625 i/
24,015,676
26,727,543
27,040,911
79,797,973
91,774,803
94,401,086
79,797,973
91,774,803
94,401,086
18,091,509
22,179,414
21,764,940
49,588,488
56,104,300
58,655,452
11,733,369
13,271,124
13,175,346
29,001,375
31,674,588
32,977,654
L961-July.
Aug..
Sept.
3,427,747
8,373,396
9,945,359
3,427,747
8,373,396
9,945,359
519,563
382,280
3,250,550
1,785,961
6,635,584
5,563,577
245,119
160,611
2,017,145
Oct..
Nov,
Dec.
3,506,919
7,783,190
8,355,057
3,506,919
7,733,190
8,355,057
407,784
377,163
3,322,058
1,854,657
6,156,753
3,868,610
216,452
123,253
428,497
70,299,652
66,288,692
75,109,083
80,171,971
79,978,476
54.
.955.
.956.
,957.
.958.
L959.
L960.
L961.
f 364, 672
-3,566
^
V
V
Old-age and
disability
insurance 2/
Unemployment
insurance
Railroad
retirement
605,221
4,218,520
5,339,573 i/ 600,106
634,323
6,336,805
616,020
6,634,467
575,232
7,733,223
283,832
279,986
324,656
330,034
335,880
V
525,369
606,931
570,812
324,020
341,108
345,356
1,525,870
6,339,944
3,490,501
14,251
34,163
55,296
710
1,636,124
5,956,755
3,392,330
1,306
75,893
46,716
775
851
47,803
373,936
18,881
3,158
8,004,355
10,210,550
11,586,283
5,590,573
9,489,476
12,088,950
466,316
399,836
5,878,722
3,923,062
7,989,682
4,915,638
2,330,186
873,118
926,332
1,533,837
6,657,056
3,920,736
7,810,160
445,232
6,092,590
4,780,201
12,568
7,810,160
1,296,662
Apr.
567
11,235
80,574
49,639
^Aar.
5,590,573
9,489,476
12,088,950
865
635
1962- Jan.
Feb.
Excise taxes
Fiscal
year
or month
1
Total
excise
Documents,
etc. 6/
Tobacco
Manufacturers'
and retailers' 6/
Miscellaneous 6/
2,797,718
2,742,340
2,920,574
2,973,195
2,946,461
1,580,512
1,571,213
1,613,497
1,674,050
1,734,021
5,153,992
4,781,343
5,501,333
5,924,062
6,166,535
90,000
112,049
114,927
107,546
109,452
3,127,465
3,177,160
3,777,909
4,098,006
4,315,756
1,936,527
1,492,633
1,608,497
1,718,509
1,741,327
10,759,549
11,864,741
12,064,302
3,002,096
5,834,286
6,639,879
6,941,327
133,817
139,231
149,350
4,314,517
5,113,318
5,294,451
1,435,953
1,386,829
1,497,526
3,212,801
1,806,316
1,931,504
1,991,117
146,726
153,216
147,734
975,497
1,197,316
983,448
237,531
291,600
234,338
137,430
196,209
168,995
94,354
1,488,397
258,802
37,185
1,378,300
426,068
1,102,284
1,123,156
1,012,520
343,809
342,838
254,196
133,625
183,957
164,628
106,658
1,367,735
224,450
41,487
1,277,184
380,222
Dec.
142,194
126,117
151,870
1962- Jan..
Feb.
Mar.
192,229
133,115
155,040
1,008,967
966,842
1,139,549
223,653
188,933
312,688
140,254
116,026
215,140
94,502
1,450,619
416,681
41,253
1,523,789
396,755
959,039
244,865
43,130
313,300
157,664
Apr.
1955.
1956.
1957.
1958.
935,122
936,267
1,171,237
1,377,999
1,410,925
9,532,222
9,210,582
10,004,195
10,637,544
10,814,268
1959.
1960.
1961.
1,352,932
1,626,348
1,916,392
1961- July.
Aug..
Sept.
Oct..
Nov..
U954.
i
Other excise
Estate and
gift taxes
V
3,193,7U
collections by type
Internal Revenue Service reports for detail of
expenditures of the Government
of tax; monthly statement of receipts and
explanation of reporting
for budget receipts from internal revenue (for
Certain detail by type of
bases in this publication, see page II).
^^e Internal Revenue Service.
tax is available only from =;eturns filed with
credit to special accounts for
The figures shown include collections for
Revenue Service.
certairisland possessions, as reported by the Internal
the amounts of tax
Beginning with the fiscal year 1955, they include
of Puerto Rican
collected in Puerto Rico upon articles of "^J-rhandise
Figures for 1954 have been
manufacture coming into the United States.
revised to the same basis.
„„+«j >^,, +v,o
internal revenue reported by the
Differences between the amounts-of
given periods and J-he
Internal Revenue Service as collections for
budget receipts fo^^t^e
amounts reported in Treasury statements as
the ti^e when payments
same periods arose because of differences in
payments
^^^ ^^^^"^^
were included in the respective reports. Tax
reported as credits to the ^^count
in budget receipts when they are
July 1954, they were
Prior to
of the Treasurer of the United States.
Po^^^^^^^^^^^^^
included in Internal Revenue Service collection
been received in ^^ernal revenue
returns to which they applied had
with withheld income tax and
offices. Under procedure begun in 1950
to railroad retirement
Old-age insurance taxes and later extended
paid
taxes and many excises, these taxes are
payments,
<=>^f "^^^^J"*"
evidence of =^=h ^^"^^ts,
depositaries and the depositary receipts, as
Interna Revenue Serv ce
are attached to quarterly returns to the
included in budget receipts
Under this procedure, the payments are
Source:
1/
f
2/
are issued to the taxin the month in which the depositary receipts
Revised accounting procedures effective July 1, 1954,
payers
collection
extended the same practice to Internal Revenue Service
reports.
tax on self-employment
Monthly figures include social security
part of the individual
income, which is levied and collected as
on the basis
income tax. Fiscal year figures exclude this tax,
"Old-age
estimates (see footnote 3), and it is included under
of
y
and disability insurance."
current collections are not
In Internal Revenue Service reports
for fiscal years
separated as to type of tax; the breakdown shown
with provisions of Sec. 201
is based on estimates made in accordance
amended (42 U.S.C. 401), for transferof the Social Security Act, as
"Budget Receipts and Extax receipts to the trust funds (see
of
penditures," Table l).
,
j
j)„
collections shown include undisBeginning with the fiscal year 1955,
receipts and unapplied collections. For excise
tributed depositary
the_ total only. Total collections
tlxes these receipts are included in
,,
include "Taxes not otherwise classified."
^
*
by $3,566 thousand representBudget receipts for 1956 were reduced
the Government of Guam pursuant
ing tax collections transferred to
U.S.C. 1421 h), but this
to the act approved August 1, 1950 (48
the eternal Revenue
llo^l was included in collections reportedby are excluded also in
Beginning with 1957, such collections
Service.
, ^^
Internal Revenue Service reports.
„.
,
„_ lost
with the fiscal year 1956.
Detail is reported by quarters beginning
..
i/
,
y
f
6/
.
68
Treasury Bulletin
.
INTERNAL REVENUE COLLECTIONS
.
INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES
DOLLARS
DOLLARS
Billions
Total*
Billions
\'^F/scal Year
.rjnrirT-MTrwTrir-irw-MTr-grT^
1948
Office
of
-50
theSecralory
ot
'52
lh«Tr«8ury
'54
56
'58
'60
'62
June 1962
69
.IHTERHAL REVENTJE COLUICTIOHS.
Table 2.- Detail of Excise Tax Collections
(In thousands of dollars)
First three quarters
of fiscal year
Fiscal year
Third quarter of
fiscal year
Type of tax
1960
1962
1961
Alcohol taxes: 1/
Beer
2,292,425
100,369
800,921
2,314,746
97,803
800,252
1,718,574
71,863
579,995
1,811,043
76,808
591,785
Total alcohol taxes.
3,193,714
3,212,801
2,370,432
2,479,636
Cigars
Cigarettes.
Other
50,117
1,863,562
17,825
49,604
1,923,540
17,974
36,908
1,414,625
13,219
Total tobacco taxes.
1,931,504
1,991,117
1,464,753
Documentary stamp taxes 2/
Playing cards
Silver bullion sales or transfers
131,134
8,075
22
141,290
8,046
101,865
5,920
14
11
Total documentary and certain other stamp taxes.
139,231
149,350
107,796
Distilled spirits.
Wines
Tobacco taxes: l/
Documentary and certain other stamp taxes:
Manufacturers' excise taxes:
,
,
V
V
•
2,015,863
81,679
304,466
1,331,292
271,938
189,476
169,451
50,034
69,276
1,986
24,324
18,023
13,611
5,836
99,370
26,234
31,762
2,370,303
74,296
279,572
1,228,629
236,659
188,819
148,989
55,920
64,483
1,549
22,823
18,113
14,710
6,253
98,305
25,268
32,924
1,839,972
56,781
216,437
976,331
182,349
141,889
115,245
41,477
48,181
1,168
16,060
14,309
11,453
4,049
74,805
21,785
24,698
15,590
9,632
5,287
14,985
9,035
5,165
13,166
7,322
3,979
735, 129
4,896,802
3,811,454
30,207
V
Gasoline
Lubricating oil , etc
Tires tubes and tread rubber
Passenger automobiles, chassis, bodies, etc
Trucks and buses, chassis, bodies, etc.
etc
Parts and accessories for automobiles, trucks,
components, etc.
Radio and television sets, phonographs,
Refrigerators, freezers, air-conditioners, etc
Electric, gas, and oil appliances
Pistols and revolvers
Phonograph records
Musical instruments
creels, etc.)..
Sporting goods (other than fishing rods,
Fishing rods, creels, etc
Business and store machines
Cameras, lenses, film, and projectors
Electric light bulbs and tubes
shells
Firearms (other than pistols and revolvers),
and cartridges
Mechanical pencils, pens, and lighters
62,573
120,211
29,226
168,498
68,182
131,743
22,234
135,627
55,207
102,719
378,690
397,649
315,786
Matches
Total maniifacturers' excise taxes.
i,
Retailers' excise taxes:
Furs
Jewelry, etc
Luggage, etc
Toilet preparations.
Total retailers' excise taxes.
Footnotes at end of table.
165 ,699
36,611 2/
1961
(Jan. -Mar. 1961)
10
Treasurij Bulletin
INTERNAL REVENUE COLLECTIONS
Table 2.- Detail of Excise Tax Collections (Continued)
(In thousands of dollars)
First three quarters
Fiscal year
of fiscal year
Type of tax
1960
1961
1961
1962
Miscellaneous excise taxes:
Admissions to theaters, concerts, etc
Admissions to cabarets, roof gardens, etc
Club dues and initiation fees
Toll telephone service, telegraph, cable, radio"etc.'
wire mileage service, wire and equipment service
General telephone service
Transportation of oil by pipeline
j/
Transportat ion of persons
\\\
.".'.'.'!
Transportation of property (including coal)
i/!
Use of safe deposit boxes
Coconut and other vegetable oils processed b) .. .'.'.'..'.
Sugar
Diesel and special motor fuels
.'!!"!."
7/
Narcotics and marihuana, Including occupational
taxes
Coin-operated amusement devices
Coin-operated gaming devices
Bowling alleys, pool tables, etc
Wagering occupational tax
.'!.'.'!]
Wagers
]]
Use tax on highway motor vehicles weighing
over
26,000 pounds
Adulterated and process or renovated butter, filled"
cheese, and imported oleomargarine
Firearms transfer and occupational taxes
.'
^
"
^
V
Total miscellaneous excise taxes
Total received with returns and from sale of
stamps
Undistributed depositary receipts 8/
Unapplied collections
Total excise taxes
49,605
67,187
312,055
',2b,
ZU
50
255,459
3,140
6,378
389
39,856
71,869
1,076
5,348
14,989
3,670
560
6,084
S^riicf
2/
28,063
25,742
45,672
343,894
483,408
387
264,262
1,306
6,581
256,451
89
91,818
88,856
1,107
5,535
18,375
4,317
641
6,682
38,333
45,575
2
2
51
44
1,386,829
1,497,526
11,765,097
12,145,245
98,007
-81,639
1,637
696
11,864,741
12,064,302
Source:
Internal Revenue Service reports.
See also Table 1
The figures shown include collections for
credit to special accounts
for certain island possessions. Floor stocks
taxes are included with
the related classes of tax.
1/
°^^
' monthly basis is available from the Internal Revenue
2/
36,679
33,603
64,357
™
Beginning October 1, 1961, the Bureau of
Customs was authorized to
accept and deposit payments of internal
revenue taxes on tobacco
Items Imported or brought Into the United
States (Part 275.62 of
Title 26, code of Federal Regulations).
Collections of this type
by Customs during October 1961 were
included with reporting on
class E cigars.
Taxes on issuance and transfers of capital
stock and of corporate
securities (bonds, debentures, etc.), deeds
of conveyance, and
policies Issued by foreign Insurers.
Beginning with the fiscal year 1957,
collections reflect the provisions
30,446
26,767
49,664
I
71
Jane 1962
MONETAEY STATISTICS,
Table 1.- Money In Circulation
(In millions of dollars exc ept per capita figures)
Paper money 2/
End of fiscal
year or month
Total
money in
circulation 1/'
Total
paper
money
29,922
30,229
30,715
31,082
31,172
1955.
1956.
1957.
1958.
28,127
28,372
28,767
29,040
29,071
2,135
2,170
2,148
2,162
2,200
35
9U
Treasury
notes of
1890
Silver
certificates
Gold
certificates
34
33
33
32
31,
32,065
32,405
29,699
29,726
29,943
31
1959.
1960.
1961.
30
30
2,155
2,127
2,094
32,869
30,442
30
2,110
1960-Deceniber.
1961- July
August
September.
32,477
32,609
32,658
30,002
30,118
30,152
30
30
30
2,077
2,075
2,079
32,836
33,538
33,918 2/
30,303
30,975
31,336
30
30
30
2,076
2,098
2,120
30,222
30,319
30,438
29
29
29
1,974
1,969
2,013
March
32,774
32,880
33,018
April.
33,159
30,547
29
October. ..
November.
December.
1962 -January. .
February.
End of fiscal
year or month
212
223
237
253
268
1,795
1,858
1,948
2,042
2,101
1957.
1958.
2,215
2,338
2,462
1960-Dec ember.
285
305
329
2,427
1959.
1960.
1961.
319
332
335
2,475
2,491
2,506
1961- July
August ....
September.
337
339
342
346
2,532
2,563
2,582
October. .
November.
December..
2,552
2,562
2,580
1962-January.
February.
March....
2,612
April.
2,030
Standard
silver
dollars
Total
coin
1954..
1955..
1956.
V
347
348
349
353
States Money
Circulation Statement of United
Source:
held by
the Treasury ^"^ money
1/ Excludes money held by
Banks and agent
account of the Federal Reserve
^^^ ^^^
paper ="^'-^""^=
2/ The following
^^^j^f ^^^^'u^y: Gold certificates
from the Sener^\'f'\f^2\l^^Zltes issued before
redeemable
issued before January 30, 1934,
Reserve notes Issued
1890 Fede
of [^l^^^^^^^
^^^^
July 1, 1929, Treasury notes
^^^ ^^^^^^^^
Federal nese
before the series of 1928,
process of
Treasury notes °%1°''°
bank notes. The
"„„ receipt by the
june 12 1945 (12 u.s.c.
f
™r
rr:^::^rtL"F:dri\rv?L::i';o;ef ife ecember^23,
national bank notes since
^
I4T:::^^), and the
Retirement of the °thers uas
^^^
(12 U.S.C. 441).
Act approved
Lrles Currency Adjustment
^^-^'J^^ ^^„„ ,,,e to time
of the treasury to
authorizes the Secretary
^^^^ destroyed
the amount of currency of t*>«„f°^^°"^eof on the books of the Treasury:
thereoi
and to reduce the amounts
or lost,
V
Subsidiary
silver
72
Treasury Bulletin
.MONETAEY STATISTICS.
Table 2.- Monetary Stocks of Gold and Silver
(Dollar amounts in millions)
Gold
($35 per
fine ounce)
End of fiscal
year or month
195<1.
Ratio of silver to
gold and silver in
monetary stocks
(in percent)
Silver
(Si. 29+ per
fine ounce)
21,927.0
21,677.6
21,799.1
22,622.9
21,356.2
15.0
15.3
15.5
15.4
16.8
4,4U.l
4,394.5
4,346.5
18.3
18.5
19.9
4,375.6
19.8
17,526.9
17,451.1
17,376.0
4,343.8
4,335.6
4,331.5
19.9
19.9
20.0
17,300.4
16,974.7
16,889.0
4,324.9
4,311.6
4,308.6
20.0
20.3
20.3
16,815.1
16,789.6
16,608.4
4,307.6
4,312.6
4,312.3
20,4
20.4
20.6
16,494.5
1959.
1960.
1961.
3,863.1
3,922.4
3,994.5
4,116.6
4,306.0
17,766.6
1955.
1956.
1957.
1958.
4,312.0
20.7
V
19,70/1.6
19,322.2
17,550.2
1960-December.
1961-July
August.
September.
. .
October.
November.
December.
1962- January.
February.
March. . .
April.
Source:
Circulation Statement of United States Money,
silver monetary stock see Table 4.
For detail of
1/
See Table 3, footnote
3.
Table 3.- Gold Assets and Liabilities of the Treasury
(In millions of dollars)
End of calendar year or month
1954
1955
1956
1957
1958
Gold assets
1/
21,712.5
21,690.4
21,949.5
22,781.0
20,534.3
Liabilities;
Gold certificates,
etc. 2/
Balance of gold in
Treasurer's account
489.0
491.2
491.2
19,350.5
17,665.6
16,771.2
105.4
101.0
117.3
17,526.9
17,451.1
17,376.0
17,378.7
17,342.6
17,254.7
148.2
108.4
121.3
17,300.4
16,974.7
16,889.0
17,184.2
16,866.0
16,771.2
116.2
108.7
117.8
16,815.1
16,789.6
16,608.4
16,698.0
16,685.7
16,492.1
117.1
103.9
116.3
16,494.5
1959
1960
1961
21,223.5
21,199.1
21,458.3
22,272.9
20,138.2
16,377.8
116.7
19,455,
17,766,
16,889,
1961-July
August . .
September
October.
November.
December.
1962-January.
February.
March. ...
April
2/
508.1
396.1
Source:
1/
2/
Circulation Statement of United States Money.
Treasury gold stock; does not include gold in Exchange Stabilization
Fund.
See "International Financial Statistics," Table
1.
Comprises (1) gold certificates held by the public and
in Federal
Reserve Banks; (2) gold certificate credits in (a) the
gold
certificate fund - Board of Governors, Federal Reserve
System, and
(b) the redemption fund - Federal Reserve notes; and
(3) reserve
of tl56.0 million against United States notes and Treasury
notes
of 1890.
2/
The United States payment of the $343.8 million Increase in its
gold subscription to the International Monetary Fund, authorized
by the act approved June 17, 1959 (22 U.S.C. 286e) was made on
June 23, 1959 (see "Budget Receipts and Expenditures," Table
3.
footnote 10).
\
73
Jane 1962
.MOHETAEY STATISTICS.
Table 4.- Components of Silver Monetary Stock
(In millions of dollars)
Silver held in Treasury
End of calendar
year or month
Securing silver certificates
267.6
253.5
236.3
219.0
202.7
2,251.4
2,252.1
2,237.5
1959.
1960.
1961.
Silver
dollars
2,171.1
2,194.4
2,208.9
2,212.9
2,245.0
1954..
1955..
1956.,
1957.
1958.
Silver
bullion 2/
182.3
161.2
130.1
1961-July
August ....
September.
2,252.3
2,252.3
2,252.3
October. ..
November.
December.
2,252.3
2,245.9
2,237.5
1962-January..
February.
March. .
.
April.
1/'
7'^
Treasury Bulletin
|
MONETARY STATISTICS
Table 5.- Seigniorage
(Cumulative from January 1, 1935 -
End of calendar
year or month
1935.
1936.
1937.
1938.
1939.
1940.
1941.
1942.
l'M3.
1044.
1945.,
1946.,
1947.,
Iv43.
1949.
1950..
1951..
Seigniorage
on coins
(silver and
minor) 2/
18.5
1':'52..
1953..
1954..
1955..
1956..
1957.
1958..
1959..
1960.
1961..
1961- July
August,...
September,
October, ..
November.
December,
1962- January,.
February.
March.. .
April.
May.
.
1,107.
1,110.
1,112.
1,115.3
1,119.2
Misc. silver
(incl. silver
bullion held
June 14, 1934)
ir.
millions of dollars)
June 1962
75
,
NATIONAL BANK REPORTS
Table 1.- Earnings, Expenses, and Dividends for Calendar Years 1957 through 1961
(Dollor amounts in thousands)
1957
1961
1960
1958
A, 585
4,542
4,530
4,513
2,713,U5
$3,332
2,871,785
$3,225
3,063,407
$2,050
3,257,208
$2,040
3,464,126
Total capital stock..
2,716,931
2,875,117
3,066,632
3,259,258
3,466,166
Total capital funds 2/.
3,769,839
9,412,557
10,003,852
10,695,539
11,470,899
782,135
225,367
2,631,136
244,066
124,896
129,433
146,753
839,145
267,583
2,739,235
269,606
131,130
141,473
150,771
923,611
291,174
3,187,398
294,758
152,529
182,016
151,583
941,697
307,682
3,662,497
327,719
154,591
200,599
160,795
1,030,719
333,217
3,759,347
351,460
161,175
218,765
95,039 2/
4,283,786
4,538,943
5,183,069
5,755,580
5,954,722
386,237
732,470
413,130
828,643
449,125
898,917
487,502
983,101
520,393 i/
999,493 iJ
203,345
27,546
,153,544
6/
264,906
122,276 2/
679,132 8/
number of banks l/.
Capital funds:
Capital stock, par value: 2/
Preferred
Common
$3,786
Earnings from current operations:
Interest and dividends:
On U. S. Government obligations
On other securities
Interest and discount on loans
Service charges on deposit accounts
Other service charges, commissions, fees, and collection and exchange charges
Trust department
Other current earnings
Total earnings from cirrrent operations
Current operating expenses:
Salaries and wages:
Officers
Employees other than officers
etc
Officer and employee benefits, pensions, social security, hospitalization,
Fees paid to directors and members of executive, discount, and
advisory committees
Interest on time deposits and savings deposits
Taxes other than on net income
Occupancy expense of bank premises (net )
Recurring depreciation on banking house, furniture, and fixtures
.
.
V
20,728
635,777
116,309
22,108
762,319
125,872
23,790
366,701
143,417
25,797
978,705
163,683
79,470
686,238
91,187
726,936
104,701
851,593
116,270
954,195
,707,229
2,970,195
3,338,249
3,709,258
3,975,635
1,576,557
1,568,748
1,844,320
2,046,322
1,979,087
4,218
14,266
31,035
5,526
33,078
353,072
15,741
69,682
24,799
7,530
33,253
171,798
5,052
56,398
243,236
9,484
15,129
17,422
11,273
27,554
30,566
9,367
23,650
27,268
8,558
37,976
50,530
7,880
29,321
29,690
91,604
461,069
170,507
309,650
371,577
119,005
37,937
54,845
159,713
361,631
96,654
122,139
101,994
39,397
154,269
On loans:
Losses and charge-off s
Transfers to valuation reserves
All other
11,715
177,226
47,187
11,583
157,673
66,612
11,090
134,273
54,871
16,299
264,921
62,963
16,666
260,424
62,050
393,070
450,426
708,519
568,316
532,306
valuation reserves
Total losses, charge-off s, and transfers to
1,817,858
734,565
41,092
Other current operating expenses
Total current operating expenses
Net earnings from current operations
Recoveries, transfers from valuation reserves, and profits:
On securities:
Recoveries
Transfers from valuation reserves
Profits on securities sold or redeemed
On loans:
Recoveries
Transfers from valuation reserves
All other
and profits
Total recoveries, transfers from valuation reserves,
reserves:
Losses, charge-off s, and transfers to valuation
On securities:
Losses and charge-off s
Transfers to valuation reserves
1,275,091
1,306,803
658,615
31,656
482,489
24,008
704,756
36,481
545,234
690,271
506,497
741,237
775,657
729,857
889 ,120
800 ,311
1,046,419
1,042,201
171
363,699
Taxes on net income:
Federal.
State...
1,579,391
522,705
22,529
Profits before income taxes
1,737,656
169
392,822
165
422,703
99
450,830
119
485,960
Total taxes on net income
Net prof its before dividends
Cash dividends declared:
On preferred stock
On common stock
363,870
Total cash dividends declared.
(Percent)
8.32
4.15
Ratios:
funds.
Net profits before dividends to capital
Cash dividends to capital funds
Bureau of the Comptroller of the Currency.
Source:
nationalbanks not members of the
1/ Number at end of period; includes
System located in possessions) £°^/'5'^„^"^,"^°Federal Reserve
members. Dollar amounts, howBeginning 1959 all national banks are
in operations during a part
evlr include data for banks which were
"..inactive =- the close of the year. ,
a
out
of the year but were iuauoj..= at
reported for the three call ^^^^^ "^ ^'^^.^"'^
i/ Averages of amounts
year
year and December in the preceding
December in the current
from bank Premises and
Excludes 185,869,000 of rental income
expense of "ank Premises
$3,563,000 of other credits to occupancy
formerly included in this
(shown under current operating expenses)
expenses.
category, which are now deducted from
employees which are now
Excludes salaries and wages of building
premises.
included with occupancy expense of bank
5/
^
^/
392 ,991
422,868
450,929
436,079
(Percent)
9.45
4.18
(Percent)
8.00
4.23
(Percent)
(Percent)
9.09
4.24
9.78
4.22
unemployment taxes formerly included
Consists of social security and
and pensions, hospitalization,.
ui?h taxes other than on net income,
included with other current operating
gjoup instance, etc., f overly
expenses
and equipment
f::iud°erde;reci:Uon-on furniture, fixtures,
but ex-
-,
expenses formerly Included with
rer?n:om^rand ce'^al^'miHuaLous
«/
^
other current operating expenses.
„„+„+„ .*„
Fv
taxes on other real estate,
includes capital stock taxes,
f_'=frepairs, alterations, utilities,
eludes certain items (maintenance,
now classified
in this category but which are
etc ) fo^erS included
bank premises.
as occupancy expenses of
76
Treasury Bulletin
.IflTERNATIONAL FINANCIAL STATISTICS.
Table 1.- U. S. Gold Stock, and Holdings
of Convertible Foreign
Currencies by U. S. Monetary Authorities
(In millions of dollars)
Gold stock
1/'
End of calendar year or month
Treasury
1953.
1954.
1955.
1956.
1957.
Total
22,030
21,713
21,690
21,949
22,781
20,582
19,507
17,804
;6,947
1961- July
17,527
17,451
17,376
17,300
16,975
16,889
September,
October,.
November.
December.
1962- January.
February,
March, , ,
.
17,331
17,021
16,947
16,8i5
16,790
16,608
,
17,590
17,530
17,457
16,847
16,795
16,643
16,495
16,435
AugTISt. .,
16,519
16,458
April
May
p.
'''°
nat?nn»i «
f
natonal Monetary '?
Fund,
,?"•*.
M^hT
^he
lJ^]\"";i
""
mon 2
lnuT^°'
""'^ °'='"^^^" -^^^"^"2 ''ights On the
InterIn which the United States has a
quota of
1/
«"h
="^=°''da'"=e
'-ight to draw
Fund policies, these drawing
virtually automaUcally an amS^t
.*'*?.""^'"' ^'="*"== S°" subscription'^to the
^d
Foreign
currency
holdings
22,091
21,793
21,753
22,058
22,857
20,534
19,456
17,767
16,839
1958.
1959.,
1960.
1961..
2/
116
105
106
62
112
127
116
116
153
230
242
i/
'*^'^^ "^ '"' International Monetary
F:;^d"wltV?he ttli'°r'''" ''"'i''
of which
by the Fund in U. S, Ctovernment
iTthTFLTlnTl r ""P"^^^^'^^' the proceeds of May are invested
securities; as
31, 1952
this amounted to $800 million,
Includes gold in Exchange Stabilization
Fund, which is not Inrlnrtert ,-.
Treasury gold figures shown in
"Circulation Statement of Sniped sLtes
Money," See "Monetary Statistics,"
Table 3
To be published in following Issue,
Preliminary,
'
2/
^?62°f;e-\^irim:-:---VT:o6"-mii?L^^^^
J/
P
77
Jane 1962
.
CAPITAL MOVMENTS.
will be exactly comparable to those now presented.
Data relating to capital movements between the United
States and foreign countries have been collected since
1935,
The first three sections which follow are published
They provide summaries, by periods and by coun-
pursuant to Executive Order 6560 of January 15, 19 31^,
monthly.
Executive Order IOO33 of February S, 19'^9. and Treasury
regulations promulgated thereunder. Information on the
principal types of data and the principal countries Is re-
of data on short-term banking liabilities to and
claims on foreigners and transactions In long-term securities by foreigners, and present detailed breakdowns of the
tries,
ported monthly, and Is published regularly In the "Treasury
Supplementary Information Is published less
Bulletin."
latest available preliminary data.
Section IV provides supplementary data In six tables
which appear at less frequent Intervals. Table 1, shortterm foreign liabilities and claims reported by nonf Inanolal concerns, is published quarterly In the January,
Reports by banks, bankers, securities brokers
and dealers, and Industrial and commercial concerns In the
United States are made Initially to the Federal Reserve
frequently.
Banks, which forward consolidated figures to the Treasury.
Beginning April 195'+, data reported by banks in the Terri-
J^rll, July, and October issues of the Bulletin.
dollar holdings of foreign countries and international
June,
institutions, are published quarterly In the March,
foreign credit
Table ^,
September, and December Issues.
semiand debit balances in brokerage accounts, appears
as used In these reports covers
Institutions and Individuals domiciled outside the
United States and Its Territories and possessions, the
official Institutions of foreign countries, wherever
all
annually in the March and September issues. Table 5,
short-term liabilities to foreigners in countries and
Inareas not regularly reported separately by banking
such Institutions may be located, and International organ"Short-term" refers to original maturities of
izations.
other
one year or less, and "long-term" refers to all
the reporting covA detailed discussion of
maturities.
AprU
stitutions, is presented annually, appearing In the
March issue thereafter.
issue through 195S and in the
purchases and sales of long-term securities by
statistical presentation, and definitions appeared
"
pages
In the June 155!+ Issue of the "Treasury Bulletin,
introduced
l4.5_l4-7.
As a result of changes In presentation
Table
erage,
In that
issue,
6,
appears
foreigners during the preceding calendar year, also
the May 1959 Issue.
annually, beginning with
not all breakdowns previously published
Section I - Summary by Periods
States and Foreign Countries
Table 1.- Net Capital Movement Between the United
(In millions of
Changes in liabilities to
capital
movement
5,253.2
622.6
1,273.5
452.8
1,056.6
-803.0
345.5
244.7
193.8
1,749.6
-374.3
1,260.6
1,162.8
637.1
1,175.0
586.5
1935-41.
1942
1943....
1944
1945
1946
1947
1948
1949
1950
1951
IQ52
1453....
l-'54....
1?55....
1956....
1957....
1958...,
1959
1960. .
1961...
-6U.9
-707.1
3,522.2
684.1
58. It
134.3
55.4
257.4
1961- July
August ....
September.
p.
.
p.
290.4
11.6
311.0
3,034.6
485.9
1,179.3
220.4
1,279.4
-418.4
636.2
601.5
-100.0
1,026.8
657.4
1,243.9
1,102.4
1,270.2
682.1
1,338.4
219.1
1,000.8
3,229.6
1,940.6
1,232.5
265.7
-143.6
313.8
.
1
373.0
281.1
212. 8r
294.8
182.1
145.0
-59.2
215.2
315.6
-68.1
310.7
411.0
94.9
1962-January. .
February..
April
3,661.3
532.5
1,207.1
431.1
1,166.3
-752.6
547.2
409.3
-24.8
1,971.2
73.1
1,558.8
1,090.9
1,419.5
1,367.3
1,494.7
360.9
998.1
4,354.0
2,319.0
1,968. 2r
Short-term
banking funds
44.8
10.4
53.0
.
March
Total
130.5
163.0
-224. 7r
October.
November.
December.
United States)
a net outflow of capital fro, the
Analysis of net capital movement
Changes in claims on foreigners
foreigners
Hnn.r.: negative figures indicate
Net
Calendar year
or month
107.8
135.4
2,
long-term foreign liabilities and claims reported by banks
and
and bankers, and Table 3, estimated gold reserves
tories and possessions of the United States are Included
In the published data.
The term "foreigner"
Table
Transactions in
domestic securities
626.7
46.6
27.8
210.7
-113.1
-334.2
-89.1
-192.2
75.2
944.4
-584.3
3U.9
-11.5
M9.3
685.2
156.4
141.8
-2.7
1,124.4
378.4
735. 7r
24.7
155.2
-2.8
Total
1,591.9
90.1
66.4
21.7
-109.7
-50.4
-201.7
-164.6
218.6
-221.6
-447.5
-298.2
72.0
-782.4
-192.4
-908.3
-975.8
-1,705.2
-831.8
-1,634.9
-1,910.1
-156.0
43.9
-53.6
Short-term
banking funds
78
Treasury Bulletin
,
CAPITAL MOViMENTS.
Section I - Summary by Periods
Table 2.- Short-Term Banking Liabilities to and Claims on
Forelffners
(Position at end of period in millions of dollars)
End of calendar
year or month
hort-tenn liabilities to foreigners
Payable in dollars
Total
Foreign
official
Other
foreign
1945.
1946.
1947.
1948.
1949.
1950.
1951.
1952.
1953..
1954..
1955..
1956..
1957..
1958.
1959.
1960.
1961..
4,205.4
5,374.9
5,596.8
6,883.1
6,480.3
7,116.4
7,718.0
7,618.0
8,644.8
9,302.2
10,546.1
11,648.4
12,918.6
13,600.7
14,939.1
15,158.3
16,159.1
19,388.7
21,329.3
22,561.8
2,244.4
3,320.3
3,335.2
4,179.3
3,043.9
1,832.1
2,836.3
2,908.1
3,620.3
3,547.6
4,654.2
5,666.9
6,770.1
6,952.8
8,045.4 1/
7,916.6 1/
8,664.9
9,154.3
10,326.9
10,927.3
2,036.7
2,239.9
2,678.2
2,922.0
2,972.7
2,947.0
3,001.0
3,451.7
4,041.2
4,245.6
4,308.4
4,335.4
4,726.5
5,392.8 1/
5,665.3 1/
5,890.8
6,999.1
6,934.4
7,681.5
1961-July
August ....
September.
21,769.7
21,626.1
21,939.9
10,096.0
10,537.1
10,924.3
7,545.7
7,577.0
7,481.3
October. .
November.
December,
22,234.7
22,416.8
22,561.8
10,646.2
10,547.5
10,927.3
7,715.1
7,891.8
7,681.5
1962- January. ,
February.
22,493.7
22,804.4
23,215.5
10,213.0
10,056.5
10,<,20.6
8,305.7
8,469.9
8,207.4
23,350.8
10,215.8
8,450.5
19A2.
1943.
194-1.
March
.
April p.
1/
p.
.
Beginning
previously
official."
1,947.1
Internatiunal
-
Payable in
foreign
currencies
Jane 1962
79
.CAPITAL MOVfflENTS.
Section I - Summary by Periods
Table 4.- Purchases and Sales of Long-Term Foreign Securities by Foreigners
(In millions of dollars; negative figures Indicate a net outflow of capital from the United States)
Foreign stocks
Foreign bonds
Calendar year
or month
Purchases
Sales
Net
purchases
Total
purchases
Total
sales
22.1
54.8
n.a,
3.5
4.5
-17.5
4,008.2
220.5
469.6
340.9
355.4
3,152.6
227.9
391.9
247.4
402.1
556.1
676.8
388.2
382.3
908.4
Net
Purchases
n.a.
n.a.
purchases
n.a.
n.a.
19.8
n.a.
n.a .
372.2
n.a.
n.a.
74.2
225.3
347.3
89.0
-29.2
23.3
26.6
37.3
321.2
589.2
490.4
634.3
291.4
311.5
710.2
265.5
24.5
-79.8
9.8
-121.0
65.2
57.1
81.7
88.8
173.8
65.6
42.6
96.7
70.8
198.2
-.4
14.6
-15.0
18.0
-24.4
821.2
715.9
293.3
410.1
763.0
500.4
495.3
542.5
792.4
693.3
606.5
699.0
889.0
801.0
677.4
621.5
841.3
509.4
991.5
1,392.0
1,915.1
-300.6
-182.1
-79.0
-48.8
183.9
-385.0
-693.1
-1,026.1
272.3
293.9
310.1
393.3
663.6
749.2
592.8
467.2
348.7
329.6
303.4
644.9
877.9
875.2
621.9
803.7
-76.4
-35.8
6.8
-251.6
-214.3
-126.1
-29.1
-336.4
772.7
1^52..
1953..
1954..
1955..
1956..
1957.
1958.
1959..
1960.
1961.,
945.6
882.9
801.9
1,457.6
1,445.0
1,260.7
-512.0
-562.1
-458.8
566.1
509.1
593.8
803.8
591.7
959.1
-237.7
-82.6
-365.4
50.2
37.4
120.4
36.1
-70.2
225.0
228.1
-3.1
35.2
40.5
41.2
55.1
64.5
58.1
-19.9
-24.0
-16.9
85.4
77.9
266.2
51.5
62.4
64.4
77.2
104.6
105.6
-25.6
-42.1
-41.2
52.9
54.8
59.2
78.9
93.5
139.2
-26.0
-38.8
-80.1
104.4
117.2
123.6
93.4
106.3
94.6
90.9
159.8
144.8
2.5
-53.5
-50.1
57.8
51.3
57.6
79.6
87.3
89.8
-21.7
-36.0
-32.2
151.2
157.6
152.2
114.5
-36.0
57.3
67.4
-10.1
135.8
78.5
n.a.
n.a,
1935-';i.
1942
1943
446.4
19^....
3U.3
1945
318.1
1946..
1947.
755.9
658.7
211.6
1948.
1949..
1950..
1951.
1961- July
August ....
September.
October. .
November.
December..
1962- January..
February.
March p.
April
p.
1.3
go
Treasury Bulletin
.CAPITAL MOVEMENTS.
Section II - Summary by Countries
Table 1.- Short-Term Banking Liabilities to Foreigners
(Position at end of period In millions of dollars)
Calendar year
Country
1958
Europe:
Austria
Belgium
Czechoslovakia.
411.2
115.1
Denmark.-
168.8
68.8
Finland
France
Germany, Federal Republic of..
Greece
Italy
Netherlands
.6
532.1
.,754.7
126.3
,120.8
338.7
Norway
Poland
Portuga 1
Rumania
Spain
129.6
4.9
163.0
Sweden
Switzerland.
Turkey
U.S.S.R
United Kingdom.
303.4
851.9
20.1
2.2
872.9
Yugoslavia
Other Europe
676.1
.9
36.2
9. 5
.
.
Total Europe.
.
Canada
7,707
2,019.:
Latin America:
Argentina.
Bolivia.
Brazil. .
Chile
Colombia
.
.
.
149.8
22.2
138.1
100.0
168.8
Cuba
Dominican Republic
Guatemala
Mexico
Netherlands Antilles and
Surinam
286.5
39.7
hI.6
418.2
Panama, Republic of.
Peru
El Salvador
Uruguay
Venezuela
Other Latin America.
146.3
77.1
26.2
82.,
494.1
Total Latin America.
.403.4
79.4
133.
J
Asia:
China Mainland.
Hong Kong
India.
Indonesia
Iran
Israel
Japan
Korea, Republic of.
Philippines
Taiwan
36.0
61.6
77.3
108.4
42.7
55.9
;'35
.
145
.
176.3
98.7
Thailand
Other Asia
133.3
334.6
Total Asia
205.3
Other countries:
Australia
Congo, Republic of the
South Africa
United Arab Republic (Egypt).
All other
Total other countries.
International
Grand total.
78.
'3
29.8
29.6
16.2
124.9
V
June 1962
gi
CAPITAL MOVEMENTS
Section II - Summary by Countries
Table 2.- Short-Term Banking Claims on Foreigners
(Position at end of period in millions of dollars)
Calendar year
Country
1960
1958
Europe:
7.1
Austria
Belgium
Czechoslovakia.
Denmark
Finland
4.3
56.3
64.6
5.9
1.2
18.1
8.4
102.1
76.5
7.2
57.1
54.0
4.8
35.7
29.7
55.6
38.3
Norway
Poland
Portugal
Rumania
Spain
22.2
7.1
3.7
2.1
29.7
8.4
Sweden
Switzerland
Turkey
U.S.S.R
United Kingdom
24.0
42.4
18.6
38.4
47.3
.7
U.3
France
Germany, Federal Republic of.
Greece
Italy
Netherlands
Yugoslavia
Other Europe
3.5
2.1
72.5
.1
123.9
120.7
.9
2.9
12.7
5.2
,
695.9
Latin America:
Argentina
Bolivia..
Brazil. ..
Chile
Colombia.
Cuba
Dominican Republic
Guatemala
534.0
242.5
Total Europe
272.3
59.6
39.
3.
4.0
147.
117.1
59.3
67.9
52.
50.
-.
•
•
Mexico
Netherlands Antilles and
Surinam
Panama, Republic of.
Peru
El Sa Ivador
Uruguay
Venezuela
Other Latin America.
Total Latin America.
115.1
28.9
10.2
290.8
166.
19
11
293
5.9
30.
9,
51.
246.7
56.7
141.
52
1,099.3
Asia:
China Mainland.
Hong Kong
India
Indonesia
Iran
2.5
5.5
4.1
9
27.3
Israel
Japan
Korea, Republic of.
Philippines
Taiwan
23.3
178.6
Thailand
Other Asia
12.8
106.5
Total Asia,
Other countries:
Australia
Congo, Republic of the
South Africa
United Arab Republic (Egypt)
All other
Total other countries.
International.
Grand total.
4.0
17.9
36.0
14.8
47.1
23.
1.3
66.8
6.1
1,176.1
V
&2
Treasury Bulletin
.CAPITAL MOVBffiNTS.
Section II - Summary by Countries
Table 3.- Net Transactions In Long-Term Domestic Securities by Foreigners
(In thousands of dollars; negative figures indicate net sales by foreigners
Calendar year
net outflow of capital from the United States)
1961
1962
Country
1958
1960
October
1961
November
December
20
-188
-9
945
-81
9,252r
-776
-654
-656
-461
-3,152
641
-16
-1,014
1
3
January
February
March
p
Europe:
Austria
Belgium
Czechoslovakia
Denmark
Finland
-1,018
-4,795
70
5,897
-4
4,661
678
57,037
200
-34,480
-236
-2,447
1,572
-97
-4,'i76
France
Germany, Federal Republic of....
Greece
Italy
Netherlands
5,235
1,337
-5,715
1,371
-7,645
62,303
22,749
276
6,937
38,327
20,039
19,345
-248
28,099
-3,348
20,696
22,300
-754
13,863
18,507
2,300
592
-33
1,069
1,365
3,425
2,722
-155
577
4,654
1,219
4,632
-3
1,984
643
Norway
Poland
Portuga
Rumania
Spain
18,303
-26
2,109
1,156
-2
10,655
4
372
-30,974
-15
6,669
-1
1,617
-1,970
-25
-982
-2,249
24,196
-9
2,415
-17
-517
4,339
-32,303
92,384
265,643
10,428
155,230
223
Sweden
Switzerland
Turkey
U.S.S R
United Kingdom
36
391
-23,252
139,149
145
-12,228
143,358
41,367
-1,484
-26
-3,624
-2
4,847
1,991
14
-1,460
-2,377r
4,610
50
-665
11
-2
19
-15
323
-1,448
313
455
-43
-591
1,392
-23,270
-212
-11,524
-76
-385
156
84
41
148
342
142
185
-688
23,689
19,307
23,551
-11
1,912
19,621
19
-3,500
46,091
-1,152
109
32,538
24
-345
16,240
-56
-38,096
-29,246
-37,161
5,363
-32,175
-13,129
3
7
847
-460
248
419
2
12
23,644
-13
-5,230
689
25
3
Yugoslavia
Other Europe
Total Europe
8,147
603
4
-40,1^7
745,282
198,182
234,280r
-10,743
26,235
-202,213
80,696
-31,890
-43,394
-5,891
-10,862
281
Canada
Latin Amerl(:a
Argentina
Bolivia
Brazil
Chile
Colombia
578
10,113r
3,385
169
-722
113
2,594
1,762
62
-816
161
5,343
918
683
175
22
-153
-4
45
123
12
309
-265
87
-105
-21
348
68
161
401
46
107
28
315
575
1,805
-113
255
-14
1,199
-17
-130
20
100
396
95
71
372r
25,769
763
-8,209
-30,252
-6,144
54
247
:
-9
-2
392
176
108
-635
109
61
47
-98
26
-564
69
182
-56
-107
1,033
91
-78
742
443
18
-247
872
-1,549
33
214
-3
-2,570
1,032
-1,149
-851
647
-2,472
4,982
-2,500
-3,562
9
7
-5,892
-20
-77
1,969
29
48
-5
3
6
63
8
113
170
-7
16
-6
-9
120
-55
107
178
58
-21
22
132
39
-630
149
1
-95
-10
-59
-623
-2,601
410
2,147
-497
-68,517
-43,437
Mexico
Netherlands Antilles and
Surinam
^32
1,656
2,561
-2,276
379
292
1,321
-990
3,474
-9
86
-51
-231
25,546
19,538
22,425
10,393
-957
-990
1,124
Panama , Republic of
Peru
El Salvador
Uruguay
Venezuela
Other Latin America
-726
-879
-181
-2,533
-1,210
917
2,912
1,449
-256
9,514
8,841
-1,227
2,948
533
-265
-888
4,071
-506
8,681
467
-957
-1,141
8,756
198,436
-1
183
1,036
93,709
286
24
18
-591
338
15,286
1,700
-23
-4
-1,649
940
10,066
Total Latin America
-46,000
46,785
-10,110
237,198
93,472
15,964
12,374
-403
4,231
-1.389
-2
18,454
1,044
1,156
186
43
9,791
39,839
-1,032
215
-148
37,712
-35,012
131
-79
-11
913
-35
5,640
-9
-4
-19
1
-13
502
-52
34
1
-1,993
-1,091
-1,357
-74
558
9
-1,347
-1,504
575
-2
1,281
981
22
-8
-230
17
-5
Cuba
Dominican Republic
Guatemala
1,094
1,249
941
420
2
-380
37
248
1,265
1
Asia:
China Mainland
Hong Kong
India
Indonesia
Iran
58
174
Israel
Japan
Korea , Republic of
Philippines
91
-572
Taiwan
505
21
-15
17
81
4,497
3
22
58
13
Thailand
Other Asia
-369
23,832
99
536
154
4,338
-12
269
50
-179
-26
316
29
295
16
59
3,542
-3,357
298
Total Asia
2,704
45,733
47,133
7,454
1,645
5,704
4,276
-5,335
-1,403
868
Australia
Congo, Republic of the
South Africa
United Arab Republic (Egypt)....
All other
150
-48
129
105
-736
-323
-648
62
769
-191
-13,331
805
12
65
448
112
-34
26
27
2,348
73
-4
-2
73
19
-4
37
239
187
44
18,881
Total other countries
-450
18,834
-13,339
3,257
549
179
283,453
187,023
238,440
351,883
-818
-2,703
1,124,353
378,416
735,678r
78,214
58
Other countries:
International
Grand -total
p
Preliminary.
Revised.
45
8
17
3
3
-39
3
57
-1
-123
-38
87
-219
10
9
-31
145
-19
-43
61,348
54,221
-6,406
-62,119
-78,378
99,068
67,739r
8,865
-95,554
-95,463
6
Jane 1962
Treasury Bulletin
en-
CAPITAL ICVBISn'S
Section III - Preliminary Details by Countries
Table I.- Short-Term Banking Liabilities To Foreigners as of April 30, 1032
(Fo«ltlan In thniaanda of dollars)
I
June 1962
&5
.CAPITAL ICVaiENTS.
Section ni - Preliminary Details by Countries
Table 2.- Short-Term Banking Claims on Foreigners as of April 30, 1962
(Fosltloa In
Sbort-ten oIaIbb pa^nble In dollars
Total
aborttero
claims
Country
Europe;
4,803
Austria
Belgium
Czechoslovakia
Denmark
Finland
15,
France
Germany, Federal Republic of.
Greece
••••
Italy
Netherlands
•••••
Norway
Poland
Portugal
Rumania .,,
Spain
•
••••*.•••
•
Sweden
Switzerland,,,,
Turkey
U,S.S.R
United Kingdom.
Yugoslavia.,,.,
Other Europe,,,
Total Europe,.,
Canada
latin America:
Argentina,..,
Bolivia.
Brazil..,
Chile.,,.
Colombia
Cuba
Dominican Republic....,....,,..,.
.,,..,•,,•••.••
Guatemala
Mexico
Netherlands Antilles and Surinam.
..••,,.,,
Panama, Republic of
Peru.. a,,,,.,,. •...•....., ...••.•
El Salvador
Uruguay
,,
••••^•.
Venezuela ..,.
Other Latin America
Total Latin America
Asia:
China Ua inland.
Hong Kong
India
Indonesia ..,,,,
Iran.... •.,.,,,
Israel
Japan
,,...,,,,
Korea, Republic of,
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Other comitries:
Australia
Congo, Republic of the
South Africa
United Arab Republic (Egypt).
All Other
Total other countries..,,.,..
International .
Grand total,..
35";
1,214
7,450
23,512
47,351
160,542
4,351
42,736
57,777
20,563
10,651
4,648
28
12,366
16,898
63,227
13,104
186
140,164
4
9
Loans to
Total
V
thwi—nila at dollua)
Foreign
banks and
official
Institutions
Collections
outstanding
for own
account and
domestic
customers
.e
Sbort-term clalas paysbli in
foreign cunjencies
Other
Total
Deposits of reporting banks
and dcnestic
customers with
foreigners
Other
6
1S7
Jane 1962
.CAPITAL MOVMENTS.
Long-Term
Section IV - Supplementary Data by Countries
i/Li abilities to and Claims on Foreigners Reported by Banks and Bankers
(Position at end of period in thousands of dollars)
1/
p
year from date of issuance
Having a -laturity of more than one
excluding long-term securities,
Revised.
r
Preliminary.
gs
Treasury Bulletin
CAPITAL MOVatENTS.
Section IV - Supplementary Data by Countries
Table 3.- Estimated Gold Reserves V and Dollar Holdings
of Foreign Countrl es
and International Institutions
(Po sil.ion QZ end or period in millions of dollars)
De:; ember
Area and country
Gold and
shortterm
dollars
Western Europe:
Austria
Belgium
Denmark
Finland
France
Germany, Fed. Republic of
Greece
Italy
Netherlands
Norway
Portuga
Spain
Sweden
Switzerland
Turkey
United Kingdom
Other 2/
,
Total Western Europe...
Canada
Latin America:
Argentina
Bolivia
Brazil
Chile
Colombia
Cuba
Dominican Republi;-..
El Salvador
Guatemala
Mexico
Panama, Republic of.
Peru
Uruguay
Venezuela
Other
V
Total Latin America.
Asia:
India
Indonesia
Iran
Japan
Philippines
Thailand
Other
536
1,312
35
87
2,160
6,447
139
1
779
112
6.=6
327
397
863
152
Jane 1962
«9
.coKPORAnaws
md
certain other bustness-ttpe activities.
Government which appear in the "Treasury Bulletin" beginning
statements of financial condition are published quarterly
and appear as Section I in the series of tables. The first
data under the new regulations are for March 3I, 1956, and
with the August 19^6 Issue are compiled from reports submitted to the Treasury under Department Circular No. 966,
issued January 30, 1956, and Supplement No. 1, Issued June
were presented in the August I956 Bulletin. Statements of
income and expense and source and application of funds are
published semiannually, for June 30 and December 3I report-
The regulations so Issued are pursuant to Section
llU^ of the Budget and Accounting Procedures Act of 195O
(31 U.3.C. 66b), and represent another step in the program
of comprehensive and Integrated Government accounting and
and appear as Sections II and III. The first of
these statements under the new regulations cover the fiscal
year I956, and were published in the January 1957 Bulletin.
The current financial etatemente of corporations and
certain other buslnees-type activities of the United States
1,
1956.
financial reporting for which authority was provided In
They supersede Budget-Treasury Regulation No. 3,
that act.
Issued under Executive Order No. S512 of August 13, 19'^°.
as amended by Executive Order No. 90g'^ of March 3, 19'+2,
under which financial statements previously published In
the Bulletin were submitted.
In coverage, Department Circular No. 966 requires
submlselon of financial statements by all wholly owned and
mixed-ownership Government corporations specifically Inamended
cluded in the Government Corporation Control Act, as
(31 U.3.C.
21^6,
356); and all other activities of the Gov-
ernment operating as revolving funds for which businessbudgets
type public enterprise or Intragovemmental fund
Budget. Other activities
are required by the Bureau of the
functions are
and agencies whose operations, services, or
primarily of a revenue-prolargely self-llquldatlng or
whose operations
ducing nature, and activities and agencies
substantial inventories. Inresult in the accumulation of
be brought
vestments and other recoverable assets, may
accounting systems are
under the regulations as agency
of furnishdeveloped to the point where they are capable
ing the financial reports required.
called for by
Four kinds of financial statements are
statements of finanDepartment Circular No. 966. They are
source and application
cial condition, income and expense,
and contingencies. The
of funds, and certain commitments
ing dates,
Within the sections, the agencies are grouped in separate
tables by type, as follows: public enterprise revolving
funds, intragovemmental revolving funds, certain other
activities, deposit funds, and trust revolving funds.
added to the coverage by including
under
all executive agencies and activities not reporting
No. 966, but required only a statement
Department Circular
Supplement No.
1
of financial condition annually as of June 30.
These are
mainly not business-type activities, and those which had
provide
not yet developed formal accounting procedures to
types of statements were authorized
complete balance sheet
the suptemporarily to report only the asset side. Thus
for the information on propplement rounds out provision
which the
erties and assets of the United States Government
to furnish to the Committee on
Treasury has been asked
Operations, House of Representatives, for a
Government
The first
continuing study of the assets of the Government.
under Supplement No. 1 is for June
comprehensive reporting
and the data were published in the December 1957
30,
1957,
le'sue of the
Bulletin as Part B of Table
1+
in Section I.
a series of dates
A summary of loans outstanding for
beI of the Bulletin presentation
is included in Section
I95S Issue. Two classifications of
ginning with the June
Data
by agency.
the loans are shown, one by type and one
based on the earlier reporting requireprior to 1956 are
coverage of Government
ments, which provided for complete
lending agencies.
Treasury Bulletin
90
.
COKPORATIONS
MD
CEKCAEN OTHER BUSIHESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 1.- Summary by Specified Classes of Activities, March 31, 1962
(in thousandB of
doUATs)
June 1962
91
.CORPORATIONS
MD
CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section 1 - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, March 31, 1962
(in thousands of dollars)
Agency for International Developmen
Agriculture Department
Farmers Home
Administration
'
Account
Total
Development
loans
Development
loan fund
liquidation
account
Foreign
investment
^aranty
fund
Commodity
Credit
Corporation
Federal
Crop
Insurance
Corporation
V
Direct
loan
account
ASSETS
Cash in banks, on hand» and in transit...
Fund balances with the D. S. Treasury £/.
Investments;
Public debt securities (par valxie)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net )
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other: U. S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral (net)....
land, structures, and equipment
Accumulated depreciation (Foreign currencies
Other assets (net)
)
Total assets
LIABILITIES
Accounts payable
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencie 3
Other
Bonds, debentures, and notes payable:
Government agencies
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)...
Total liabilities
MET INVESTMENT
United States interest:
Interest -bearing investment:
Capital stock
Borrowings from the U. S. Treasury...
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)
178,098
5,012,533
1,047,250
1,228,852
36,608
10,767
12,929
3,271
51,932
254,300
1,266,652
119,370
-11,086
203,049
4,807
5,647
898,682
330,639
6,059,592
-1,158,427
823,562
212,762
4,497,500
-1,156,889
2
1,081
22
11,085
1,341
130,028
38,700
15,643,174
547,233
-337,162
671,234
5,721,359
-1,477,831
3,282
1,229,547
108
65,000
21 ,967
1,174
9,451
35,200
2,980,645 2/
169,306
547,233
854,804
-138,218
10
245,644
-136,355
471
-82,552
410
96
-252
667
564,887
17
570
7,953,607
53,251
1,052,889
61,517
457,109
1,125
113,766
2,338
20
355,008
127,998
87,180
115,226
35,091,548 4/
1,112,358
36,617
1,955,510
2,246
905
160
85,555
86,951
92,815
163,017
11
1U,571
237,472
145,021
2,719,317
1,867,384 2/
1,136
4,504,751
2,357,187
3,645
5/
100,000
12,389,000
100,000
23,U7,916
2,266
589,960
1,010,805
1,053,000
10,989,454
1,132,988
1,153,861
-8,301,226
1,112,500
40,000
83,216
27,748
1,972,152
219
-387
-142
-16,642
8,864
-6,892,580
456,079
U2
4,584
-73,
30,586,797
1,112,358
1,955,509
36,612
5,596,420
49,606
1,050,622
Total United States interest
Total liabilities and investment
35,091,548
1,112,358'
1,955,510
36,617
7,953,607~
53,251
1,052,889
ANALYSIS OF IBIITED STATES DIVESTMENT
United States Investment
Accumulated net income, or deficit (-)...
38,888,023
-8,301,226
1,112,500
-142
1,972,152
-16,642
27,748
8,864
12,489,000
-6,892,580
123,048
-73,442
1,046,038
4,584
1,112,358
1,955,509
36,612
5,596,420
49,606
1,050,622
30,586,797
-858,762
173,860
-2
160
2,246
4,911,518
49,764
1,052,868
S. investment inol. Interagency items.
Interagency items:
Due from Government agencies (-)
Due to Government agencies
U.
n.
S.
investment excl. interagency items.
Footnotes at end of Table 8.
'
-1,062,900
653,911
30,177,809
1.112,358
36,612
1,955,510
,
(Continued on following page)
92
June 1962
93
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYRE ACTIVITIES.
Section 1 - Statements of Financial Condition
Table 2.- Public Enterpr Ise Revolving Funds, March 31, 1962
(Continued)
-
(in thousands of dollars)
Commerce Dept.
(Continued)
Maritime
Admin. - {Cont.)
Account
War risk
insurance revolving fund
ASSETS
Cash in banJcs, on hand, and in transit...
Fund balances with the U. S. Treasury 2/
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Govemment agencies
Other (net )
Inventories
Allowance for losses (-)
Accrued Interest receivable:
On public debt securities
On securities of Government enterprises
Other
loans receivable:
Government agencies
Other: U. S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral (net)
land, structures, and equipment
Accumulated depreciation (-)
Foreign currencies
Other assets (net)
Defense Department
Interservice
activities
Air Force
Department
Army
Department
Wherry
Act
housing 6/
Defense production guaranties
Office of
Civil Defense
Navy Department
Laundry
service,
Naval
Academy
Defense
production
guaranties
Civil defense
procurement
fund
11
2,732
113,865
29
5,i80
10,088
3,054
5,950
1.473
10
3
4
21
5
3,984
4,590
2,398
772,288
330
-174
17
2,771
Total assets
891 ,634
14,072
5,453
280
10,558
1,501
UABILITIES
Accounts payable
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)...
500,191
24
Total liabilities
500,910
59
718
11
18
NET mVESTl'lEMT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury...
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accuimilated net income, or deficit (-).
Deposits of general and special fund
revenue s (-)
1.500
247,000
10,558
2,769
U3,72i
14,072
5,453
390,724
14,072
5,453
2,771
891 ,634
14,072
5,453
2,769
247,000
143,724
14,072
;.453
10,558
2,769
390,724
14,072
5,453
10,558
investment Inol. interagency items.
Interagency items:
Due from Government agencies (-)
Due to Government agencies
Investment excl. interagency items.
2,769
•
Total United States interest
Total liabilities and investment
AWAIJSIS OF UNITED STATES INVESTMEUT
United States Investment
Accumulated net income, or deficit (-)...
U.
S.
U. S.
Footnotes at end of Table 8.
1
280
,.500
10,558
1,500
1,500
-7
-10
11
14,072
(Continued on following page)
5.453
223
10,558
1,493
Treasury Bulletin
^^r
CORPORATIONS AND CERTAIN OTHER BUSINESS-TyPE ACTIVITIES.
Section I - StatementP of Financial Condition
Table 2.- Public Enterprise Revolving Funds, March 31, 1962
(in thousands of dollars)
-
(Contlnuedl
June 1962
95
.CORPORATIONS AMD CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, March 31, 1962
(Continued)
(in thousands of dollars)
Interior Department - (Continued)
Bureau of Conmercial Fisheries
Federal ship
mortgage
insurance fund,
fishing vessels
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury 2/
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)
Other securities
Advances to contractors and agents
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net )
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other: U. S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral (net) ....
land, structures, and equipment
Accumulated depreciation (-)
Foreign currencies
Other assets (net)
Fisheries
loan fund
Bureau of Reclamation
Fund for emergency expenses,
Fort Feck
project, Mont.
Upper
Colorado
River Basin
Virgin
Islands
Corporation
Expansion
of defense
production
fund
Labor Dept
Bureau of
Employment
Security
Advances to
unemployment
trust fund 7/
1
5,480
2,919
57,380
199
272
294,382
—
29
10
1
39
82
ANAHSIS OF UNITED STATES DWESTMEUT
United States investment
Accumulated net income, or deficit (-)...
U. S. investment Incl. interagency items.
Interagency items:
Due from Government agencies (-)
Due to Government agencies
U. S.
investnent excl. interagency items.
Footnotes, at end of Table
12,546
-10,51=/
-176
11
3
16,896
-718
33,560
-4,072
12,511
-3,232
239,769
19,i58
489
7,776
2,251
327,125
2
294,382
19
114
297
349
8
12
2,475
11
i,999
122
13, -^52
1,081
h'^''
9U
31,000
170
23
Total liabilities
Total liabilities and investment
56
300
1,712
7,389
LIABILITIES
Accounts payable
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trjst and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)...
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)
Total United States interest
124
14
339
92
Total assets
NET INVESTMENT
United St-^tes interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury...
Other
Nonlnterest-bearing Investment:
Capital stock
10
2i
9,917
13,000
-172
288,000
832
1,793
1,587
2,067
13,988
302,457
11,179
-64
1
-520
-31,223
6,382
294.332
19,435
313,573
11,172
12,350
19,458
327,125
12,253
2,251
294,382
13,000
-172
313,572
1_
11,692
13,988
31,000
-31.223
288,000
6.382
19,435
313,573
11,172
-223
294,382
12,8
-30
-124
489
-56
327
2.475
19,408
313,938
11,443
12,834
5,U7
(Continued on following page)
294,382
Treasury Bulletin
96
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
- Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, March 31, 1962
(In thousands of dollars)
-
(Continued!
June 1962
97
-COKPORATIONS AND CERTAIN OTBER BUSINESS-TYPE ACTIVITIES.
Table 2,
Section I - Statements of Financial Condition
Publ ic Enterpr ise Revolving Funds, March 31, 1962
(in thousands of dollars)
General Services Administration
Treasury
Department (Continued)
Account
Expansion
of defense
production
Abaca
fiber
program
Reconstruction
Finance
Corporation
liquidation
fund
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury ?/.
Investments:
Public debt securities (par value)
Securities of Government enterprises
Unamortized premium, or discount (-)
Other securities
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencie s
Other: U. S, dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral (net)
land, structures, and equipment
Accumulated depreciation (Foreign currencies
Other assets (net)
17
16i
99
6
193
2,619
35
558
-13,950
158
)
113,956
Total assets
99
LIABIUriES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trast and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)
1
5
334
76
25
941
Total liabilities
NET INVESTT'lENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury...
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)
95,300
17,715
Total United States interest
11,216
-11,117
113,015
Total liabilities and investment
113,956
ANALYSIS OF UNITED STATES INVESTMDrr
United States investment
Accumulated net income, or deficit (-)...
11 ,21f
95,300
17,715
-11.117
S. investment incl. interagency items.
Interagency items:
Due from Government agencies (-)
Due to Government agencies
113,015
99
investment excl. interagency items.
113,8U
U.
U.
S.
Footnotes at end of Table
8.
1,1U
-6
335
-
(Continuedl
93
Treasury Bulletii^
-CORPORATIONS AMD CERTAIN OTHER BUSIKESS-TrPE ACTIVITIES.
Table 2.
Section I - Statements of Financial Condition
Publ Ic Enterpr Ise Revolving Funds, March 31, 1962
-
(Cont 1 nued
(in thousands of dolla rs)
Housing and Home Finance Agency - (Con tinued
Office of the Administrator - (Continued)
Account
Public works
planning
fund
Liquidating
programs
ASSETS
Cash in banks, on hand, and In transit...
Fund balances with the U. S. Treasury 2/
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities
Advances to contractors and agents:
Government agencies
'.'.'.'.'.'.'..'.
Ot he r
Accounts and notes receivable:
Government agencies
Other (net )
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
loans receivable:
Govemment agencies
Other: U. S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral (net)..'!."
land structure s and equipnent
Accumulated depreciation (Foreign currencies
Other assets (net)
15,538
3,213
Total assets
35,756
27,280
Urban
renewal
fund
Community
disposal
operations
fund
20,216
Total United States Interest
Total liabilities and investn»nt
ANALYSIS OF UNITED STATES mVESTMENT
United States investnent
Accumulated net incom, or deficit (-')'.'.'.
D. S. investment incl. Interagency
items.
Interagency items:
Due from Government agencies (-)
Due to Government agencies
D. S.
investment excl. interagency items.
Footnotes at end of Table 8.
76,584
3,040
337
78,223
8,081
157
15,031
207
17
625
9,473
674
5,537
2,673
1,904,107
287
849
3,259
19,727
108,716
4,315 12/
-4,208
1,347
5,116
-4,937
!
LIABILITIES
Accounts payable
Govemment agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencie s
Other
Trast and deposit liabilities:
Govemment agencies
Other
Bonds, debentures, and notes payable:
Govemment agencies
Other: Guaranteed by the D. S
Not guaranteed by the U. S
Other liabilities (including reserves)...
Total liabilities
NEI mVESTi'lENT
Dnited States interest:
Interest-bearing Investimnt:
Capital stock
Borrowings from the D. S. Treasury...
Other
Noninterest-bearing investiMnt:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenue s (-)
2,439
and
liquidating
functions
5
8
288
,
!
229,315
Management
Special
assistance
functions
31,290
]
,
5,870
Housing
for the
elderly
Federal National
Mortgage Association
49
-7,816
6,186
1,467,577
11/'
-24,049
3,896
713
-365
113
341,576
6,7;e
79,387
16
1,955,144
1,547,797
432
24
22
32
981
17,727
641
42
7,543
16,322
124
10,226
855
82
20,036
5
712
173
9,014
S/'
34,690
1,856,947
230,000
43,000
-1,214,
1,331,859
277,156
-388,318
-1,193,590
664,500
-561,938
31,960
1,373,881
63,506
141,956
80,000
60,539
-55,000
1,094
-613
35,756
7,107
332,562
^,633
79,387
35,756
1,920,454
1,515,837
27,280
341,576
6,758
79,387
1,955,144
1,547,797
894,500
43,000
-7,2U
1,220,697
-1,193.590
-561 ,938
5,539
1,094
80,000
-613
1,856,947
63,506
35,756
27,107
1,373,881
141,956
332,562
6,633
79,387
1,920,454
1,515,837
-39,996
17,727
-93,928
1,898,185
1,432,240
-11
49
35,756
1,413
1
27.145
333,975
6,635
(Continued on following page)
79,387
10,331
Vj
Jane 1962
99
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 2.- Pub lie Enterprise Revolving Funds, March 31, 1962
-
(Continued)
(in thousands of dollara)
Housing and Home Finance
Agency - (Continued)
Account
Federal
Housing
Administration
Veterans
Public
Housing
Administration
Canteen
service
revolving
fund
Direct
loans to
veterans
and
reserves
Adnilnistration
'
Loan
guaranty
revolving
fund
Rental
maintenance,
and repair
of quarters
Servicedisabled
veterans
insurance
fund
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U, S. Treasury 2/\
Inveetments:
Public debt securities (par value)
Securities of Govemraent enterprises...
Unamortized premium, or discount (-)•••
Other securities
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net )
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other: U. S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired 3ecuri"'-y or collateral (net)....
Land
structures, and equipment
Accumulated depreciation (- )
Foreign currencies
Other assets (net
13,317
75,161
64
12,652
1
92
99
21,525
1,731
1,228
38
102,727
1,342,166
458,662
1,939
166,703
-3,093
481,148
4,362
-2,216
8,263
-3,823
51,196
48
1,607,133
187
15,182
350
175
1,329
1,117
269
497
93_
664,732
2,439
20,152
9,076
555
398
455
70
3_
1,511,065
104
51,370
370
4,016
2,414
21 ,461
11,693
140
1W,571
236,986
867
124,548
543,
''08
5/
54,747 5/
3,208
1,000
1,179,565
246,488
19.687
620
1,3
20,242
9,697 1/
33,233
1,530,078
37,000
4,500
508,357
363
-5
17
1,064,126
-1,301,780
11,611
-52,246
146,678
l'^2,273
11,974
1,477,832
655,036
15,182
1,511,065
664,732
17
2,439
363
11,611
1,530,078
-52,246
508,357
146,678
-5
17
4,500
-22,303
11,974
1,477,832
6
,064,1^6
Total liabilities and investment
,'0':',133
Footnotes at end of Table 8.
6,673
-3,230
7,545
1
investment excl. interagency items.
53
475
5,398
348
-6', 795
1
U. S.
58
3,621
256,347 12/
Total United States interest
S. investment incl. interagency items.
Interagency items:
Due from Government agencies (-)
Due to Government agencies
1
454
1,080
Total liabilities
U.
129
16,334
5,749
42
LIABILITIES
Accounts payable
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trjst and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)...
ANALYSIS OF UNITED STATES DWESTMDJT
United States investment
Accumulated net income, or deficit (-)...
162
163,035
58
)
Ngr INVEST^'tENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S, Treasury...
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)
3,409
2,217
717,592
6,493
-8,438
460
,
Total assets
111,568
1,064,126
1
1,464,053
-1,301,780
,064,126
-1
55,036
22,303
-17,803
-17,803
-53
-6,600
148,452
899
?A4
11.693
1,205,977
163,172
12,165
1.489,525
(Continued on following page)
655,036
-17,803.
Treasury Bulletin
100
.CORPORATIONS AMD CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, March 31, 1962
(in thousands of dollars)
-
(Continued)
Jane 1962
101
.COKPORATIONS AND CERTAIN 0TKE3R BUSINESS-TYPE ACTIYITIES.
Table 2.-
Section I - Statements of Financial Condition
Publ Ic Enterpr Ise Revolving Funds, March 31, 1962
-
(Continued!
(in thousands of dollars)
Farm Credit
Administration
(Continued)
Account
Banks for
cooperatives
investment
fund
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury 2/
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities
Advances to contractors and agents
Government agencies
Other
Accounts and notes receivable:
Govemr,nnt agencies
Other (net)
Inventorie s
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Govemroent enterprises
Other
Loans receivable:
Government agencies
Other: U. S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral (net)....
land, structures, and equipment
Accumulated depreciation (-)
Foreign currencies
Other assets (net)
Revolvinf^
fund
Federal Savings and Loan
Insurance
Corporation
Home Ovners
Loan
Corporation
(liquidated)
1,225
3,803
404
S.
2,7(6
4,059
10,289
-928
29
1,514
16,890
11
1
Footnotes at end of Table 8.
fund
110
26
245,110
187
52
121
3,269
315
3,379
45,000
594,096
5,835
-19,942
1,379
127,332
2,783
-131
715,870
-283,970
430
434
-434
13,321
142
6,306
404
486,108
124,771
868,811
57
259
73
5,077
16
61
5,330
2,522
1,138
14,402
59
12
131
484,988
4
5
22
49
76
642
-3 ,047
474
264
592
30
41
204
315
16
12,832
27,417
27,502
Investnent excl. interagency items.
Revolving
38,322
404
105
26,926
1,577
330,070
120,847
11,770 11/
3,065
17,744 S/
616,548
303,452
500,000
457,486 16/
129,112
-^8,933
230
-9,423
-314,081
4^7,48'
^50,182
851,067
230
123,194
18";. 919
124,771
868,811
• •
U.
Seaway
Development
Corporation
-2,205
NET DWESTI'ENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury...
ANALYSIS OF UNITED STATES DWESTMEUT
United States investment
Accumulated net income, or deficit (-)...
U. S. investment incl. interagency items.
Interagency items:
Due from Government agencies (-)
Due to Government agencies
6,551
18,148
Lavrrence
106,817
Total liabilities
Total United States Interest
Total liabilities and investment
Panama
Canal
Company
411,500
LIABILITIES
Accounts payable
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trast and deposit liabilities:
Government agencies
Other
Bonds, debentiu^s, and notes payable:
Government agencies
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)...
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
•
Other
Accumulated net income, or deficit (-)
Deposits of general and special fund
revenues (-)
Small
Business
Administration
Saint
ISO
79,102
18"^, 919
Total assets
Federal Home Loan Bank Board
185,919
2,783
i8A,988
457,486
330,070
129,112
132,617
-9,423
920,000
-68,933
457,486'
459,182
123,194
851,067
500,000
-3U.031
185,919
230
-2,766
5.979
-29
JAL.
185.919
404
546
457
(Continued on following page)
1.397
14,402
4(2.395
124,591
86 ',,468
Treasury Bulletin
102
.CORPORATIONS AMD CERTAIN OTHER BUSINESS-TYRE ACTIVITIES.
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, March 31, 1962
(In thousands of dollars)
(Continued)
June 1962
103
.
COHPORAnoWS AHD CSOTAIN OTEER BOSmBSS-OTEE ACnVITIBS.
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, March 31, 1962
(in tbouaacde of do Hare)
Legislative
Branch
Agriculture Department
Assgrs
beclce, on hasd, and In transit..
Cash
Fund balances with the U. S. Treasury Jy'
Investaents:
Public debt securities (par value)....
Securities of Governnient enterprises..
UOamortlzed premium, or discount (-)..
Other securities (net)
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net)
Inventories
Allowance for losses (-)
Accrued Interest receivable:
On public debt securities
On securities of Government enterprise
Other
Loans receivable:
Government agencies
Other
Allowance for losses ( Acquired security or collateral (net)...
Land, structures, and equipment
Accumulated depreciation (-)
Other assets (net)
m
Government
Printing
Office
1,-422
7,924
Working
capital
Working
capital
Commerce Department
fund
202
1,569,566
Forest
Service
fund
Total
Agricultural
Research
Service
Working
capital
Working
capital
fund
Working
capital
fund
fund
52
519
2,129
342
232
11,084
164
21
7,U3
89-1,016
National
Bureau of
Standards
55
16,195
403
1,519
84
3,818
488
36,762
-17,744
44
979
-587
4,831
187
380
3,567
77
19
65,711
-21,383
7.029
594
-323
38
U,452
33
1
8,385,666
-50
27,223
101
507,913
-228,388
136,218
32,285
-12,900
289
-325
11,318,191
71,251
1,285
26,673
1,553
70,603
931
358,392
355,^18
81
324
754
95
4,324
57
880
73
289
125,061
110
1,686
27
10
269
62
61,355
11,775
1,326
19
287
)
Total assets
585
LIABILITIES
Accounts payable
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advancee ft-om:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bends, debentures, and notes payable:
Government agencies
Other:
Guaranteed by tlie liilted States
Not guaranteed by the Itolted States.
Other liabilities (Including reserves)..
Total liabilities
NET INYESrMBMT
Itolted States Interest:
Interest-bearing Investment:
Capital stock
Borrowings from the U. S. Treasury..
Other
Nonlnterest-bearlng Investjnent:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net Income, or deficit (-)
Deposits of general and special fund
revenues ( -)
Total United States Interest
Total liabilities and Investment
ANALYSIS OF UNITED STATES IMVESTMHtT
united States Investment
Accumulated net Income, or deficit (-)..
Total United States Investment after
exclusion of Interagency Items
Footnotes at end of Table 8.
154
61
1,100
9,612
238
9
1
1,493
117
77
215,068
3,362
232
463
214
2,518
109
1,130,i03
12,516
589
2,076
U2
14,177
182
1,000
33,815
9,085
14,834
300
278
20,803
400
526
7,725
48,485
100
252
118
3,794
186
216
397
2,83i
210
-1,612,860 2/
17,037,205
8,877
-5,2i5,i34
9
10,187,788
58,734
696
24.597
1.112
56,426
749
11,318,191
71,251
1,285
26.673
1-553
70,603
931
15,433,222
43,901
14,834
578
118
20,803
3.794
926
186
56,210
352
397
10,187,788
58,734
696
24,597
1,112
56,426
749
-380
369
Total united States investinent Including
Interagency Items
Interagency Items:
Due from Government agencies (-)
Due to Government agencies
38
-894, 248
422,870
-16,195
1,701
-403
157
-1,519
589
-488
106
-4,852
9.670
9,716,410
U,241
450
23,666
729
61.243
(Continued on following page)
lOk
Treasury Bulletin
,
CX>RPORATI0nS
filXD
CERTAIN OTHER WSIXESS-TIFE ACTIVITIES.
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, March 31, 1962
(Continued)
(In thouseods of Aollare)
Defense Department
Office of
the Secretary
Account
Dsfenss
stock fund 2/
A33gr3
Cash In banka, on hand, and In transit...
with the U. 3. Treasury l/.
Fund balances
52,i35
Air Force Department
Stock
fund
264,197
Industrial
fund 4/
59,663
Army Department
Stock
fund 5/
540,410
Industrial
fund 4/
166,872
Navy
Department
Corps of
Engineers
28,896
Stock
fund 5/
183,810
InTestasents:
Public debt securities (par value)
Securities of Govemsient enterprises...
Unamortized premium, or discount (-}...
Other securities (net)
AdTances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other
Allowance for losses (-)
Acquired security or collateral (net)....
Land, structures, and equipment
Accumulated depreciation -)
Other assets (net)
-1,550
98,228
10i,381
578
9,15i
305,588
1,637,552
5,583
81,937
13,220
1,365
286,404
4,009
3,786,336
2,738
18,483
1,671
121,676
17,122
77,480
611
11,691
1,794,541
7,604
157
3,995
81
101,857
1,450
244,188
-122,993
109
1,788,950
685,766
156,266
4,724,598
310,152
175,538
2,078,317
3,950
47,702
42,898
72,821
42,989
150,926
73,592
4,551
16,300
1,116
8,757
82,008
31,146
(
Total assets
8,057
UABILITIBS
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances frcm:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Other:
Guaranteed by the ttalted States
Not guaranteed by the Ublted States..
Other liabilities (Including reserves)...
23,521
13,003
23,339
1,470
372
5,747
-81
-4,454
-11,601
-12,654
39,664
38,981
11,579
51,570
Total liabilities
111,266
67,913
211,865
85,325
54,973
124,732
141,300 6/
621,186
81,000
-S75
-2,685,851 6/
11,3U,075
206,930
16,011
24,525
95,899
301,587 6/
2,477,494
8,228
-4,145,491
1,886
141
-825,497
NST iMVEarMHfr
ISilted states Interest:
Intereet-besring Investoent:
Capital stock
Borrowings from the U. S. Treasury...
Other
Nonlnterest-bearlng Investzient:
capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net Income, or deficit (-)..
Deposits of general and special fund
revenues ( -)
1,737,380 7/
-187,986
Total United States Interest
1,737,380
574,501
88,353
4,512,734
224,828
120,565
1,953,584
Total liabilities and investment
1,788,950
685,766
156.266
4.724.598
310.152
175.538
2.078.317
AMALYSIS OF UNITED STATES IKyESTMHIT
United States InveatBient
Accumulated net Income, or deficit (-)...
1,737,380
762,486
-187,986
80,125
8,228
8,658,224
-4,145,491
222,941
1,886
120,424
141
2,779,081
-g25,497
1,737,380
574,501
88,353
4,512,734
224,828
120,565
1,953,584
-98,228
3,950
-104,381
42,898
-81,937
42,989
-286,404
150,926
-18,483
4,551
-17,122
1,488
-77,480
82,008
,643,102
5i3,oie
49,406
4,377,256
210,896
104,930
1,958,112
Total united States investment Including
Interagency items
Interagency Items:
Due from Government agencies (-)
Due to Government agencies
Total United States investment after
exclusion of Interagency Items
Footnotes at end of Table 8.
1
(Continued on following page)
>
Jme
1962
105
.
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES,
Section I - Statements of Financial Condition
3.- Intragovernmental Revolving Funds, March 31, 1962
Table
(Continued)
{In thouaande of dollars)
Health, Education, and Welfare Department
Defense Department
(Continued)
Public Health Service
Navy Department
(Continued)
Industrial
fund
Narcotic
hospitals
Marine Corps
stock fund
iZ
Service and
supply fund Working
capital fund
Office of
the Secretary
Working
capital fund
Interior
Department
Office of
the Secretary
Working
capital fund
Justice
Department
Federal
Prison
Industries
Inc.
Labor
Department
Office of
the Secretary
Working
capital fund
Assars
Gash In banka, on hand, and in trasBlt....
Fund balances with the U. S. Treaeury l/..
Investments:
Public debt aecurltles (par value)
Securltlee of Government enterprises....
Unamortized premium, or discount (-)....
Other securities (net)
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agenc lee
Other (net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises.
Other
Loans receivable:
22
30,032
600
319
108
115
58
346
3,022
17
1
1,560
290
180
117
10,479
60
304
-159
Government agencies
Other
Allowance for losses (-)
Acquired security or collateral (net)
Land, structures, and equipment
Accumulated depreciation (-)
Other assets (net)
161,864
419
-252
334
-162
276
-136
20,833
-6,990
370
-195
1,004
140
653
6,410
146
88,452
956
252,634
1,015
605
256,394
9,110
Total assets
LIABILTriKS
Accounts payable:
agencies
Government
Other
Accrued liabilities:
Government agencies
Other
Advances from;
Government agenc le s
Other
Trust and deposit liabilities:
Government agencies
OUier
Bends, debentures, and notes payable:
Government agenc lea
Other:
Guaranteed by the mited States
Not guaranteed by the lUlted States.
Other liabilities (Including reserves)..
2,964
1
2
21
21
58
513,016
291,155
3,369
713
749
711
33,813
894
8,442
19,667
10,069
7,596
10
545
134
37
76
212
1,754
101
82
43
54
152
14
135
82,972
3,209
163
103,145
1
85
926
18,592
91
16
217,435
Total llablll ties
70
865
42
84
516
106
364
197
2,661
559
300
183
5,820
285
25,332
49
KSr INYESrMEHT
mited States interest:
Interest-bearing Investanent:
Capital stock
Borrowings from the U. S. Treasury.
Other
Noninterest-bearlng Investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (Deposits of general and special fund
303,090
-39,637
-128,500 6/
581,277
•
revenues ( -)
Total United States Interest
Total liabilities and Investment
ANALYSIS OF UNITBII CTAIES IMVESTMBfT
••••
United States investment
Accumulated net Income, or deficit (-)...
Total united States Investment Including
interagency Items
Interagency Items:
D\« from Government agencies (-)
Due to Government agencies
Total United States investment after
excluelon of Interagency itema
Footnotes at end of Table 8.
450
134
1,591
81
222
163
32,128
-180,214
463
456
671
31-1S2
334
2-TOA
514
713
749
33.813
894
3,369
711
513,016
272.563
291,155
386
295.581
2,041
463
215
456
222
163
31
5,820
25,332
285
452,777
-180,214
483
263,453
32,128
671
31,152
334
2,504
514
272,563
386
295,581
-1,015
10,069
-115
-346
37
375
297
6
-58
147
8,U2
-658
162
-3,022
-88,452
205
28,505
631
2,008
475
281,617
562
215.571
(Continued on following page)
49
io6
Treasury Bulletin
.
Table 3.
CORPORATIONS
MD
CERTAIN OTHER BUSIMESS-TYEE ACTIVITIES.
Section I - Statements of Financial Condition
Intragovernmental Revolving Funds, March 31, 1962
(Continued)
(In thousands of dollars)
Treasury Department
Bureau of
Engraving
and
Printing
General Services Administrati
Veterans
Administration
United States
Coast Guard
Supply
fund
ASSETS
Cash In banks, on hand, and In transit...
Fund balances with the U. S. Treasury l/.
Investments:
Public debt securltlea (par value)
Securities of Government enterprises...
Itoamortlzed premium, or discount (-)...
Other securities (net)
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net)
Inventories
Allowance for losse s (-)
Accrued Interest receivable:
On public debt securities
On securities of Government enterprises.
ther
Loans receivable:
Government agencies
Other
Allowance for losses (-)
Acquired security or collateral (net)
Land, structures, and equipment
Accumulated depreciation ( -)
Other assets (net)
,
,
Total assets
LIABILITIES
Accounts payable
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bends, debentures, and notes payable:
Government agencies
Other:
Guaranteed by the Uilted States....
Not guaranteed by the United States
Other liabilities (Including reserves).
Total liabilities
KET INVIsrMaiT
united States interest:
Interest-bearing Investment:
Capital stock
Borrowings from the U. S. Treasury.
Other
Nonlnterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net Income, or deficit (Deposits of general and special fund
revenues ( -)
Total United States Interest
Total liabilities and Investment
AKALYSIS OF UNITED STATES ITfyESTMHlT
united States investment
Accumulated net Income, or deficit (-)...
Yard
fund
2,727
3,545
Buildings
management
fund
General
supply
fund
Supply
fund
16,372
15
14,943
1,002
136
1,270
162
78
14,789
153
1,241
12,608
-29
24,420
87,018
-21
35,484
-12,028
12,487
-6,027
13,406
41 ,030
-10,458
-14,410
217
27
511
149
1
7,916
33
4,';83
64,692
906
2,137
90
7,205
109
35,624
1,898
658
-148
-494
2,319
51,103
5,314
1,369
8,650
10
7
1
51
520
-173
13_
37,590
3,717
22,850
59,196
194,801
IS
1,011
128
74
2,894
14,420
102
8f3
4,785
400
20,771
420
59
733
1,137
6,405
55
57
2
2,484
Investigations
Other
8/
9
3,513
Civil
Service
Commission
995
30
13,152
5,150
32,114
53
780
??1
545
10,830
1,294
417
13
745
266
49
19
1,498
673
36,179
1,744
1,024
3,47:
1,874
14,562
58,643
59,427
1,963
3,250
22,001
6,829
3,131
3,500
4,384
-8,544
1,212
121,750
10,469
-141
3,296
251
39,986
-462
41s
288
680
150
4,000
8,939
-72
14
34,118
6,843
8,28
553
135,374
357
40,273
37.590
3,717
22,850
59,196
194.801
2.319
51.103
4,020
5.314
34,190
-72
6,829
8,131
132,078
3,296
39,986
4,000
157
-659
1,212
-61
14
418
157
20
Total united States investment Inclining
interagency Items
Interagency Items:
Due from Government agencies (-)
Due to Government agencies
34,118
6,843
8,288
553
135,374
357
40,273
4,020
-2,499
823
-1,270
-162
-14,789
-906
13,545
8,0U
513
-7,260
1,400
-995
1,011
-64,828
36,899
Total United States Investment after
exclusion of Interagency items
32.U2
6.533
21,672
-6.192
107.444
-30
34,413
3,038
Footnotes at end of Table 8.
63
I
107
June 1962
.CORPORATIONS
MD
CERTAIN OTHER BUSmESS-TTFE ACi'iViTIES.
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, March 31, 1962
(In thousands of dollars)
Agriculture Department
Agency for International Development
Foreign currency loans
Total
Account
U.S. dollar
Private
enterprises
loans
V
ASSETS
Cash In banks, on hand, and In transit..
Fund balances vith the 0. S. Treasury 2/
Investnents:
Public debt securities (par value)
Securities of GovemnBnt enterprises..
Unamortized premium, or discount (-)..
Other securities
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net )
Inventorie s
Alloviance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
,
17
1,397
2,699,872
1
3,982
,632
51,509
5,107
5,280,316
10,837
7,104
70
7
98
8,197
1,750,031
7,199,652
21
374,421
406,671
Other
Loans receivable:
Government agencies
Other: U. S. dollar loans
Foreign currency loans
Allowance for losses (-)
V
Acquired security or collateral (net)
equipment
structure s and
land
Accumulated depreciation (-)
Foreign currencies
Other assets (net
" •
Farmers
Home
Administration 2/
3,210
9,255,672
2,190,317
-12,945
77
6,897,416
-898,282
;
,
205, U2
3,211
299,799
21 ,074
63,658
11,103
1,696,484
1,402
2,126,659
205,
-3,855
77
2,028
-1,168
U2
32,383
1,193,542
)
14_
LXABILTIIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)..
270,504
2,149,365
351,809
11,768
36.578,075 6/
Total assets
1,743,952
2,167
1,565
37,730
76,087
35,970
170,343
63,279
1,066
8,263
29,961
29,835
2,186
586,157
Total liabilities
32,383
4,676
44,151
1'7,745
r:,186
142,953
NEI INVESTMENT
United States interest:
Interest-bearing Investment:
Capital stock
Borroulngs from the U. S. Treasury.
Other
Noninterest-bearing investment:
Capital stock
Appropriations
'," "\
Capitalization of assets (net)
Other
Accumulated net Income, or deficit t-).
Deposits of general and special fund
revenues (-)
Total United States interest
Total liabilities and investment
•, •
STA TF.S
OWESTMENT
;
ANAUSIS OF milTED
\" '
'/'
United States investment
(-)...
Accumulated net income, or deficit
interagency items.
U. S. investment incl.
Interagency items:
Due from Government agencies (-)
Due to Government agencies.
interagency items.
U. S. Investment excl.
1
4,810,464
19,667,102
5,050,554
10,832,226
-2,489,873
288,982
2,164,102
-10,918
,091 ,877
-
-12,518
-1,878,556
-7,561
-4,405
^s,991 .918
270.504
2.147.179
270.504
2.149,365
33,481,791
-2,489,873
281,421
-10,918
2,159,697
-12,518
1,693,915
5,886
270 , 504
2,147,179
1,699,801
35,991,918
2.147.179
1.711,569
If ,';78.075
-396,665
166,940
35.762,192
11,768
270,504
220,177
Rural
Electrification Administration
log
Treasury BuUetin^i
—CORPORATIONS AND CERTAIN OTHKR BUSIKESS-TYEE
ACTIVITIES.
Table
4, -
Section I - Statements of Financial Condition
Certain Other Activities, March 31, 1962 (Continued)
(In thousands of dollarsl
HEW Department
Office of
Education
Account
Loans to
students
(World War II)
Interior Department
Bonneville
Power
Administration
Southeastern
Power
Administration
Justice Department
Southwestern
Power
Administration
Immigration
and Naturalization
Service
Legal
activities
and general
administration
ASSETS
Cash In banka, on hand, and in transit...
Fund balances with the U. S. Treasury
2/.
Investments:
Public debt securities (par value)
Securities of Govemirent enterprises..'!
Unamortized premiiun, or discount (-)...
Other securities
Advances to contractors and agents:
Government agencies
Other
."!..'.'.!.
Accounts and notes receivable:
Government agencies
.'!.'".'!!
Other (net)
!.'.'!.'!.""
Inventories
Allowance for losses (-)
Accrued Interest receivable:
On public debt securities
On securities of Government
enterprises
Other
Loans receivable
Government agencies
Other: U. S. dollar loans....'!.'.""""
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral (net)!!!!
land, structures, and equipment
Accumulated depreciation (- )
! ! !
Foreign currencies
!
Other assets (net)
!!!!!!!!'
25,539
607
10,460
24
22,454
269
20,925
State
Department
International
Boundary
and Water
Commission
18,492
.'
i,000
1
175
378
9,i53
i,i23
39
988
663
3,173
6
251
61
59
52
42
39
109
472,985
-115,266
92
-40
28,591
16,639
-6., 636
7,925
_
Total assets
U,623
194
U6,135
4,026
68,259
-5,346
LIABILITIES
Accounts payable:
Government agencies
Other
!!!!!!"
Accrued liabilities:
Government agencies
Other
!!!!!'"
Advances from:
Government agencies
Other
!!!!!!"
Trust and deposit liabilities:
Government agencies
Other
!!!!!!'"
Bonds, debentures, and notes payable:
Government agencies
Other: Guaranteed by the H. S
Not guaranteed by the U. S
Other liabilities (including reserves)..
Total liabilities
4,293
121,831
9,644
34,114
43,709
151,123
91,423
405
280
47
U8
264
2,858
5,795
40
4,267
112
2,386
7
11
1,331
86
"
2,031
2,294
35
192
65
6,479
15,416
NET mVESTMEMT
United States interest:
Interest-bearing investnent:
Capital stock.
Borrowings from the U. S. Treasuiy...
626
671,3iO
19,701
-i78
110
2,103
308
5,716
6,208
Other
Noninterest-bearing investment:
Capital stock
Appropriations
!!!!!!
Capitalization of assets (net)...
Other
Accumulated net Incone, or deficit '(Deposits of general and special fund
revenues (-)
199
98,479 2/
33,333
10,643
172
-339
128,613
32,739
2,444
2,103
20,411
19,211
7,882
129,808
841
8,188 2/
21,733
2,862
127,506
-2,075
223
-34,524
-135,128
-35,868
439,927
3,961
"TiT
AMADCSIS OF UMITED STATES MVESTMEMT
United States investnent
Accumulated net Incone, or deficit '(-)!!!
-382,926
US
Total United States Interest
Total liabilities and investiMnt
27,635
28,293
446,135
149,019
3,561
4,026
34,114
43,709
151,123
91,423
-2,569
626
-i78
406,594
33,333
-124,651
128,613
149,019
U8
5,902
21,733
28,293
Investment Incl. interagency items.
Interagency items:
Due from Government agencies
(-)
Due to Government agencies
439,927
3,961
123,085
-34,5ai
27,635
28,293
149,019
88,561
-6
-61
U.
-39
5,795
U8
2,295
2,103
33,391
30,583
151,062
U.
S.
-4,378
1,442
!
S.
investment excl. interagency items.
Footnotes at end of Table 8.
436,991
3,983
(Continued on following page
,561
June 1962
109
.CORPORATIONS AHD CERTAIN OTHER BUSIKESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, March 31, 1962 - (Continued)
(In thousandB of dollars)
Treasury
Department
Account
Miscellaneous
loans and
certain
other assets
General Services Administration
Public Works
Administration (in
liquidation)
ASSETS
Cash in banks, on hand, and in transit..
Fund balances with the U. S. Treasury 2/
Strategic
and critical
materials
All
other
8/
Civil
Service
Commission
2/
1,453,U3
7,969
5,345
127
1,314
6,618
4,339
13,563
983
1,969
889
32
187
17,648
Agent for
certain Mutual
Security Act
loans
34
65
570,132
30,280
Investments:
Public debt securities (par value)
Securities of Government enteiprisea..
Unamortized premium, or discount (-)...
Other securities
Advances to contractors and agents:
GovemiDBnt agencies
Other
Accounts and notes receivable:
Government agencies
Other (net
Inventorle s
Allowance for losses (-)
Accrued Interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other: U. S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral (net)....
land, structures, and equipment
AccuMilated depreciation (-)
Foreign ourrBncies
Other assets (net )
National
Aeronautics
and Space
Administration
Export- Import
Bank of
Washington
357
1,003
5,279,311 10/
11
3
528
22
1,705,490 11/
374,421
207,567
3,327,679 12/
26
4,829
7,171,236
3
3,609
919
471
147,816
100,082 12/
62,798
U
1,336,205
567,663
2,676
3
4
7,206,935
10,783
4,528
9,835
27,033
26,175
10
2,630
10,010
63,653
267,534
2,316,376
1,548
929
10,894,490
Total assets
661,817
2,694,516
360
857
6,305
2,789
1,135
152,314
UABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencie s
Other: Guaranteed by the n. S
Not guaranteed by the D. S
Other liabilities (including reserves)...
6,037
645
2,962
63,864
14,429
5,440
84,909
89,371
205
41
2,411
205
Total liabilities
NET mVESTMENT
United States interest:
Interest-bearing Investment:
Capital stock
Borrowings from the U. S. Treasury...
Other
Nonlnterest-bearlng Investment:
Capital stock
Appropriations
Capitalization of assets (net)
Ot he r
1,451,707
63,653
7,201,495
775,298
161,000
1,510
3,609
581 ,989
-12,500
ANAUSIS OF UDITED STATES mVESTMENT
United States Investment
'i"\"
Accumulated net Income, or deficit (-)...
incl. Interagency Items.
U. S. investment
Interagency items:
Due from Government agencies (-)
Due to Government agencies
'
inveatnBnt oxcl. interagency items.
7,201,495
2,609,608
2,227,005"
8,372
152,109
63,653
2,694,516
10,783
152,314
63,653
7,206,935
2,316,376'
10,894,490~
Total liabilities and investment
Footnotes at end of Table 8.
2,609,608
• • • •
Accumulated net Income, or deficit (-).
Deposits of general and special fund
revenues (-)
Total United States interest
U. S.
6,862
10,312,501
7,201,495
2,609,608
8,372
63,653
2,227,005
10,312,501
148,500
3,609
2,609,608
2,227,005
152,109
7,201,495
8,372
63,653
-3,284
35,968
-32
1,503
205
2.259.689
9.843
152,314
10,894,490~
581 ,989
10,894,490
-539
1,548
-374,443
10.520.047
63,653
7.202.504
(Continued on following page)
-9,684
10,565
110
Treasury Bulletin
-CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table 4.
Section I - Statements of Financial Condition
Certain Other Activities, March 31, 1962 - (Continued)
(in thousands of dollars)
Panama Canal
Federal
Communications
Commission
Account
ASSETS
Cash In banks, on hand, and in transit...
Fund balances with the U. S. Treasury
i/.
Investments:
Public debt aeourities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities
Advances to contractors and agents:
Government agencies
Other
[][
Accounts and notes receivable:
Government agencies
Other (net)
[]\]
Inventorie s
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other: U. S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral (net)
land, structures, and equlpnent
Accumulated depreciation (Foreign currencies
Other assets (net)
5,257
Federal
Maritime
Commission
676
Federal
Mediation and
Conciliation
Service
Federal
Power
Commission
1,562
3,509
LIABILITIES
Accounts payable
Government agencies
Other
..!.!!.
Accrued liabilities:
Government agencies
'.'.'.'.'.'.'.
Other
Advances from:
Government agencies
Other
.!.!!!!
Trust and deposit liabilities:
Government agencies
Other
!!.'.!.!.
Bonds, debentures, and notes payable:
Government agencies
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)..
Total Uabillties
MET mVESTf'lENT
United States interest:
Interest-bearing investnent:
Capital stock
Borrowings from the U. S. Treasury..
Other
Noninterest-bearing InveatuBnt:
Capital stock
Appropriations
Capitalization of assets (net)
Other
,
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)
Total United States Interest
Total liabilities and investment
136
15,632
Panama
Canal
Company
Thatcher
Ferry
Bridge
5,009
Selective
Service
System
13,319
4,750
641
13
113
732
127
387
1,087
51,393
-19,291
4,531
i,119
343
46
15,641
1,962
4,985
58,671
20,649
3,211
752
)
Total assets
Canal
Zone
Government
9,390
794
466
28
202
i,AU
54
104
490
50
183
50
7,134
-3,155
17,301
2,054
819
131
6
1,^03
121
330
862
415
1,306
-33
-109
1,186
9,494
752
3,062
12,420
36,757
19,897
39,069
3,979
1,208
2,429
4,916
496
fe,5A6
692
4
-808
974
34
548
3,799
-28,809
2,3a
464
1,100
3,799
49,177
19,897
14,239
9,390
794
1,962
4,985
58,671
20,649
17,301
2,8U
1,273
-808
1,100
3,799
49,177
19,897
investment incl. interagency items.
Interagency items:
Due from GovommBnt agencies (-)
Due to Government agencies
2,3U
43,048
-28,809
464
1,100
3,799
49,177
19,897
14,239
649
54
159
692
-641
3,211
investment excl. Interagency items.
752
974
3,493
518
1,258
4,491
51 ,748
20,649
15,213
AHA LYSIS OF UWITED STATES DIVESTMENT
United States investment
Accumulated net Income, or deficit (-)...
0.
S.
0. S.
Footnotes at end of Table 8.
-1
(Continued on following page)
111
June 1962
,
COKPOEAIIONS AND CEEJCAIN OTHER BUSINESS-TYPE ACTlViTlKS.
Section I - Statements of Financial Condition
4.- Certain Other Activities, March 31, 1962 - (Continued)
Table
(in thousands of dollars)
Small Business Administration
Salaries
Account
and
expenses
ASSETS
Cash in banks, on hand, and in transit..,
Fund balances with the U. S. Treasury 2/,
Investments:
Public debt securities (par value)....
Securities of Government enterpriees.
UnanK>rti2ed premium, or discount (-)..
Other securities
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net)
Inventorie s
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans iBceivable
Government agencies
Other: U. S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral (net)
land, structures, and equipment
Accumulated depreciation (-)
Foreign currencies
Other assets (net)
Total assets
UABIUriES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencie s
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Govemment agencies
Other
Bonds, debentures, and notes payable:
Govemmsnt agencies
Other: Guaranteed by the U. S
Not guaranteed by the U. S......
Other liabilities (including reserves)...
•
Total liabilities
KEI DfgESTHENT
United States interest:
Interest-bearing Investment:
Capital stock
Borrowings from the U. S. Treasury..
Other
Nonlnterest-bearing Investment:
Capital stock
Appropriations
'/" "\
Capitalization of assets (net )
Other
Ix / i
Accumulated net income, or deficit (.-;
of general and special fund
Deposits
revenues (-)
Total United States interest
Total liabilities and investment.
DWESTMEjjT.
«I1A LYSIS OF HMITED STATES
United States investment
"i'\"
Accumulated net income, or deficit (-)..
interagency items
Interagency items:
Due from Govemment agencies (-).
Due to Government agencies
interagency items
n. S. investmsnt excl.
U. S. iBvestnent Incl.
Footnotes at end of Table 8.
9,564
6
U
Grants for
research and
management
counseling
586
Consolidated
working
fund 14/
United
States
Study
CommissionTexas
398
112
Treasury Bulletin
,
COEPORATIONS AMD CERTAIN OTHER BUSINESS-TYPE ACT IVITIES.
Section I - Statements of Financial Condition
Table 5.- Certain Deposit Funds, March 31, 1962
(In thousanda of dollars)
Farm Credit Administration
Aooount
ASSETS
Cash in basks, on hand, and in tiwisit
Ptod ba lwnoee with the D. S. Trsasuiy 1/.
Inveatmenta
Public debt Mcurlties (par value)
^....
Seouritios of wholly owned Govt, enterprlsea.
DnanDrtlaed prenium, or discount (-).
Other securities
Advances to contractors aal agents:
Govenamsnt agencies. . ...,..,....,,
Other
!!!!!!!!
Inventories
!!!!!!
AllcHance for losses (-)
Accounts and other receivables t
Government agencies
'.'.'.'.'.',
Other (net)
loans receivable:
Govemmsnt agencies
Other
\[
Allowance for losses (-)
Acquired security or collateral (net)
land, structures, and equipmnt
Accumulated depreciation (-)
Other assets (net )
Total assets
Total
Banks
for
cooperatives
81,75i
8,803
18,432
743
11,588
42
i,i20,07i
43,009
110,088
-23,307
23
-327
71
3
3
79,096
9,314
3,600
4,6^6, i63
-6,979
22i
6,786
-1,291
300
/.,926
9,220,223
795,063
UABIUTIES
Accounts and other payables
Government agencies. . ••........,...,,.
Other
I
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies. ...................
Other
I" I
Bonds, debentures, and notes payable:
Government agencies. .......................
Other: Guaranteed by the United States
Not guaranteed by the United States.
All other liabilities (including reserves)...
Total liabilities
24
10
49,8i3
5,111
192
1,110,704
960
13
3,600
3,300
3,754,835
202,604
507,285
399
5,121,803
517,078
1,202,832
190,485
58,680
50,987
1,393,317
109,668
206,306
106,817
2,498,797
61,501
NET mffESTMENT
Private interest:
Capital stock
Accumulated net Income, or deficit (-).
Total private interest
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Troasuiy
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-)
Deposits of general and special fund revenues (-)
Total United States interest
2,705,103
168,318
Total liabilities and investment
9,220,223
795,063
United States lnvestn»nt
Accumulated net income, or deficit (-)
206,306
2,498,797
106,817
61,501
Total U. S. investment including interagency items.
Interagency items:
Due from Government agencies (-)........,,......,
Due to Government agencies
,
Total U. S. investment excluding interagency items.
2,705,103
168,318
-3,603
3,816
-303
3,323
2,705,317
171,338
ANADfSIS OF UNITED STATES IWESTVENT
1/
2/
See Table 1 footnote 1
The surplus is not available by law for dividend
distribution and
,
Federal
Intermediate
credit
banks
28,121
June 1962
113
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 6.- Certain Trust Revolving Funds, March 31, 1962
(In thousands of dollars)
Department
Defense
Department
Farmers Home
Administration
Army
Department
State rural
rehabilitation
funds 2/'
United States
Soldiers' Home
revolving fund
Af^riculture
Total
1/
Account
'
ASSETS
Cash in banks, on hand, and in transit
Fund balances with the U, S. Treasury 4/ ..,
Investments:
Public debt securities (par value)
Securities of GoverniDent enterprises....
Unamortized premium, or discount (-)....
Other securities
Advances to contractors and agents:
Vvemment agencies
her
Mints and notes receivable:
'.'jvernment agencies
her (net
ntories
ilowance for losses (-)
.;rued interest receivable:
!jn public debt securities
securities of Government enterprises.
97:
217,778
94
3,195
271,25?
26,648
-4,3i7
856
*
55,949
841
411
,
..
2,767
r;
*
her
receivable:
Government agencies
Lther
Allowance for losses (:ired security or collateral (net)
1, structures, and equipment
j.is
.._-Gumulated depreciation
(-
)
er assets (net)
'
3,601,632
al assets.
LIABILITIES
A'-ounts payable:
jovernment agencies
55,436
ither
rued liabilities:
lovernment agencies
ther
A vances from:
Government agencies
ther
jst and deposit liabilities:
government agencies
ther
Bonds, debentures, and notes payable:
Government agencies
Other:
Guaranteed by the United States
Not guaranteed by the United States.
Other liabilities (Including reserves)..
A
1,332
24,674
;
1
25,731
,t59,178
22.744
,789,171
Total liabilities
NET INVEgrMENT
Trust interest:
Principal of fund
Capitalization of assets (net)
Accumulated net income, or deficit
306,804
277 , 278
(-
584,083
Total trust interest.
United States interest:
Interest-bearing Investment:
Capital stock
Borrowings from the U. S. Treasury.
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
'"'I'V
Accumulated net income, or deficit (-).
Deposits of general and special fund
.
44,210
158,820
25,348
revenues (-)
Total United States interest
Total liabilities and investment
228,378
3,601,632
-3
lll^
Treasury Bulletii^^
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE
ACTIVITIES.
Section I - statements of Financial Condition
Table 6.- Certain Trust Revolving Funds,
March 31, 1962 -
(Continued)
(In thousands of dollars)
General
Services
Administration
Account
Housing and Home
Finance Agency
Federal National
Mortgage Assoc.
National
Archives
trust fund
ASSETS
Cash in banks on hand, and In transit
Fund balances with the'u S. Treasury
4/
Investments:
Public debt securities (par value)....
Securities of Government enterprises..
Unamortized premium, or discount (-).'.
Other securities
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net
.........'.',.
Inventories
[
Allowance for losses (-).!!.'!!.'].!.'.'
Accrued interest receivable:
On public debt securities
On securities of Government enterprise;
Other
Loans receivable:
Qovemment agencies
Other
"
Allowance for losses (- )
Acquired security or collateral' (net ').'[ .']
Land, structures, and equipment
Accumulated depreciation (-)..'.'.'.'.'.."
."'
Other assets (net)
Secondary
market
operations
198
...
Civil Service Commissi
Employees
health
benefits
fund
60,773
Employees
life
insurance
fund
Retired
employees
health
benefits
fund
9,557
4,024
244,813
4,675
-123
-4,175
-43
29,996
11,519
1,0U
26,6/18
-3
13,390
9
35
International
telecommunication
settlements
454
20,806
102
Federal
Communications
Commission
261
50
501
63
46
5
247
2,517
46
-8
26
11
-13
-1
60,568
259,216
,147
113
38,071
15,000
2,192
46
5
373
H,802
'
.'
3,022,548
-105,671 8/
8,9U
"
'
52
-19
64
i39
Total assets
12,067
3,054,105
LIABILITIES
Accounts payable:
Government agencies....
Other
Accrued liabilities:
Government agencies...
Other
Advances from:
Government agencies.
Other
Trust and deposit liabilities:
Government agencies
'.'.'.'.'.'.'.'.'.
Other
Bonds, debentures, and notes payable:'"
Government agencies.
7
35
59
1,102
24,667
116
59
25,731
Other:
Guaranteed by the United States
Not guaranteed by the United States'
Other liabilities (including reserves)..
2,659,178
16,079
1,212
690
3,776
2,726,801
T2
39,399
15,770
6,028
119
Total liabilities
NET INVESTMENT
Trust interestl
Principal of fund
Capitalization of assets (net ).".'.' ^
.'!'
Accumulated net income, or def icit (1
Total trust interest...
46
85,074
."
.''
i
)[
!
i1.-
13,8^2
21
,V9
iU
'
243,446
98,926
J1,169
243,446
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasii^v
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
......'
Accumulated net income, or deficit
'(-)]
Deposits of general and special fund
revenues (-
67
67
"
•'
Total United States interest...
Total liabilities and investment.
44,210
158,820
25,348
228,378
'139
Footnotes 1 through 7 on preceding page.
|/ Includes unrealized purchase discounts amounting to
^
•
Less than J500.
3,054,105~
103,441 thousand.
60,56£
259,216
6,147
113
|
115
June 1962
.
Table
7.
COKPORAIIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section 1 - Statements of Financial Condition
and Those Made by
Loans Outstanding March 31, 1962, Excluding Interagency Loans
Deposit and Trust Revolving Funds, Classified by Types of Loans!/
Part A.- Activities Reporting on a Quarterly Basis
(In thousands of dollars)
United States dollar loans
Type of loan and lending agency
Public enterprise
revolving funds
Total Z/
agriculture:
Loans to cooperative associations:
Fanners' Home Administration:
Direct loan account
Rural Electrification Administration...
loans:
Crop, livestock, and commodity
Commodity Credit Corporation
Farmers' Home Administration:
Direct loan account
Emergency credit revolving fund
Virgin" Islands Corporation
Storage facility and equipment loans:
Commodity Credit Corporation
Certain other
activities
To ai d
"
13,537
13,537
3,489,495
3,489,495
1,759,409
1
,759,409
4
2,338
75,530
4
7?, 623
72,623
35,809
289,303
294,559
35,B09
289,303
2,338
75,530
Farm mortgage loans:
Farmers' Home Administration:
Agricultural credit insurance fund..
Direct loan account
Rural housing and other loans
agencie
Guaranteed loans held by lending
Commodity Credit Corporation
294,559
_.
1,14S,''13 4/
549,(21^
Other loans:
Farmers' Home Administration:
Direct loan account
Rural housing and other loans
1,148,^13 4/
549,6 26
5,240
5,?40
3,946,792
7,73<:,08(
3,789,294
Total to aid agriculture
To aid home owners:
Mortgage loans:
Federal Housing Administration
Association:
Federal National Mortgage
Management and liquidating functions
Special assistance functions
Administrator:
Housing and Home Finance
fund
Community disposal operations
Liquidating programs
Interior Department:
Bureau of Indian Affairs:
project.
Liquidation of Hoonah housing
256,34V
256,347
1,467,577
1,904,107
1,467,577
1,904,107
4,315
660
4,315
660
174
347
174
347
Public Housing Administration
Veterans' Administration:
reserves...
Direct loans to veterans and
Loan guaranty revolving fund
1,333,588
4,075
1,333,588
4,075
Other loans:
Veterans' Administration:
reserves...
Direct loans to veterans and
Loan guaranty revolving fund
8,573
454,587
8,578
454,587
5,434,354
5,434,354
Total to aid home ovmers.
To aid industry:
Loans to railroad s
Expansion of defense production:
Treasury Department
Other purposes:
'T:ZltAlZTALn.e
12,821
corporation liquidation fund..
Ship mortgage loans:
Commerce Department:
fund
'.'.'.'.'.'.'..
Federal ship mortgage insurance
Maritime Administration
Other loans:
Expansion of defense production:
Interior Department
Treasury Department
Defense production guaranties:
Air Force Department
Army Department
Navy Department
Other purposes:
General Services Administration:
..^^^i^uon fund.
liquidation
Reconstruction Finance Corporation
Administrator:
Housing and Home Finance
Liquidating programs
Inland Waterways Corporation
Interior Department:
Bureau of Commercial Fisheries:
Fisheries loan fund
Virgin Islands Corporation.
'
Footnotes at end of table.
5,376
3,470
120,411
12,546
112,120
3,984
2,398
4,590
558
4,183
5,000
7,389
47
page)
(Continued on following
12,821
5,376
3,470
12,546
112,120
3,984
2,398
4,590
558
4,183
5,000
7,389
47
120,411
Foreign
currency
loans 2/
Treasury Bulleti/
116
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 7.- Loans Outstanding March 31, 1962, Excluding Interagency Loans and Those Made by
Deposit and Trust Revolving Funds, Classified by Types of Loans - (Continued) i/
Part A.- Activities Reporting on a Quarterly Basis - (Continued)
(In thousands of dollars)
United States dollar loans
Type of loan and lending agency
Total 2/
To aid industry (Continued):
Other loans (Continued);
Other purposes (Continued):
Small Business Administration:
Revolving fund (lending operations)
Reconstruction Finance Corporation liquidation fund.
Treasury Department:
Civil defense loans
Reconstruction Finance Corporation liquidation fund.
Public enterprise
revolving funds
530,934
700
3,190
700
3,190
710,948
Foreign
currency
loans 2/
530,934
1,643
831,359
Total to aid industry
,643
Certain other
activities
1
120,411
To aid States, Territories, etc.:
General Services Administration:
Public Works Administration (in liquidation)
Housing and Home Finance Administrator:
Public facility loans
Liquidating programs
Urban renewal fund
Public Housing Administration
Treasury Department:
Miscellaneous loans and certain other assets
Total to aid States, Territories, etc
Foreign loans:
Expansion of defense production:
Export- Import Bank of Washington
Other purposes:
Agency for International Development:
Development loans
Development loan fund liquidation account
Loans to United States firms and domestic or foreign
firms in foreign countries
All other loans
Commerce Department:
Maritime Administration
Export-Import Bank of Washington:
Regular lending activities
Agent for certain Mutual Security Act loans
Liquidation of certain Reconstruction Finance Corporation assets
Treasury Department:
Miscellaneous loans and certain other assets
Total foreign loans
Other loans:
General Services Administration:
Surplus property credit sales and liquidation activities
Health, Education, and Welfare Department:
Office of Education:
Loans to students (World War II)
Housing and Home Finance Administrator:
College housing loans
Housing for the elderly
Liquidating programs
Interior Department:
Bureau of Indian Affairs:
Revolving fund for loans
Office of Territories:
Loans to private trading enterprises
Public Housing Administration
Small Business Administration:
Revolving fund (lending operations)
Reconstruction Finance Corporation liquidation fund
Treasury Department:
Federal Farm Mortgage Corporation liquidation fund
Miscellaneous loans and certain other assets
Veterans' Administration:
Service-disabled veterans' insurance fund
Soldiers' and sailors' civil relief
Veterans special term insurance fund
Vocational rehabilitation revolving fund
'
Total loans
Footnotes at end of table.
62,798
70,43i
7,516
108,716
101,975
70,434
7,516
108,716
101,975
61,563
61,563
413,001
To aid financial institutions:
Loans to banks:
Federal Savings and Loan Insurance Corporation
Total other loans
62,798
-
288,640
45,000
45,000
5,201
5,201
65,000
169,306
65,000
169,306
124,361
547,233 5/
1,696,484
1,696,484
11,001
63,658 6/
2,126,659 6/
11,001
3,789,022
147,816
3,789,022
3
3
147,816
3,266,016
3,266,016
9,149,848
4,023,532
100,082
5,121,31'-
2,737,550
100,082
109
109
1,098,737
2,673
7,369
1,098,737
2,673
7,369
10,778
10,778
146
146
406
406
63,162
63,162
1,330
1,330
1,525
100
1,525
1,939
32
725
87
1,939
32
725
87
100
200
1,188,909
100,291
24,898,846
15,643,174
9,255,672
1,.
'89,
(Continued on following page)
2,737,550
June 1962
117
.COEPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 7.. Ix)ans Outstanding March 31 , 1962, Excluding Interagency Loans and
Those Made by
Deposit and Trust Revolving Funds. Classified by Types of Loans (Continued! y
Part B.- Activities Reporting on an Annual Basis 2/
(In thousands of dollars)
United States dollar loans
Type of loan and lending agency
Foreign currency loans 2/
Certain other activities
To aid industry:
Loans to railroads:
Other purposes;
Interstate Commerce Commission
Other loans:
Other purposes:
Interior Department:
Office of Minerals Exploration
To tal to aid industry
U,375
,
591
U,966
,
To aid States y Territories, etc.:
Health, Education, and Welfare Department:
Public Health Service
Interior Department:
Bureau of Reclamation
Office of Territories:
Alaska public works , ,
National Capital Planning Commission
.
Total to aid States, Territories, etc
Foreign loans:
Military assistance credit sales:
Defense Department:
Air Force Department
Army Department
Navy Department
Other purposes:
Agency for International Development
679
,
3i,711 8/
,
18,895
502
,
,
5/1,788
,
16,589
39,453
130,472
,
18,169 67
Total foreign loans
18f.,5U
Other loans:
Health, Education, and Welfare Department:
Office of Education:
Loans to students in institutions of higher education.
Loans to institutions and nonprofit schools
Interior Department:
Bureau of Indian Affairs:
Loans for Indian assistance
Itate Department:
Loan to United Nations
Emergency loans to individuals
Veterans Administration:
Insurance appropriations policy loans
18,169
201,935
3,055
26
45,000
777
'
780
251,572
Total other loans
18,169
Total loans
507,840
V
Includes certificates of interest.
Public enterprise revolving fund.
Certain other activity.
Certain executive departments and activities are submitting financial
statements on an annual basis as of June 30, pursuant to Supplement
No. 1 to Department Circular No. 966. Complete balance sheets as of
March 31, 1962, were not submitted, but the agencies that had loans
receivable as of that date submitted reports on the outstanding
amounts which are shown in this part of the table.
As of June 30, 1961, the latest available.
2/
2/
In accordance with an amendment issued June 23, 19^0, to Department
Circular No. 966, purchase money mortgages and similar long-term paper
held by the agencies are now classified as loans receivable and are
included in this table. Prior to June 30, 1960, these assets had been
classified as accounts and notes receivable or other assets.
Does not include foreign currency loans.
The dollar equivalents of these loans are computed for reporting purposes at varying rates. Where the loan agreements stipulate a dollar
denominated figure, the loans outstanding are generally valued at
agreement rates of exchange. Loans executed in units of foreign currency are valued at the market rates (i.e., the rates of exchange at
which Treasury sells such currencies to Government agencies).
i/
7/
8/
Treasury Bulletin
lis
.CORPORATIONS AND CERTAIN OTHER BUGIWESS-TYPE ACi'lVlTIES.
Section I - Statements of Financial Condition
8.- Loans Outstanding by Periods for All Business-Type Activities
Table
Excluding Interagency Loans but Including Foreign Currency Loans
Part A.- Classified by Types of Loans
(In millions of dollars)
To aid agriculture
Total
End of
period
V
Fiscal years:
1950
12,771.7
13,689.4
16,066.0
17,863.4
18,743.8
19,420.5
20,547.5
21,812.9
22,893.4
27,510.7
29,568.3
31,527.1
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
Calendar years;
1950
1951
1952
1953
1954
1955
1956
3,884.1
4,161.3
5,070.3
6,810.5
6,929.2
6,715.4
6,785.4
6,681.1
8,684.9
7,762.5
8,299.5
9,453.1
20,506.
21,091.
22,755.
25,851.
28,277.
31,122.
34,849.
1957
1958
1959
1960
1961
30..
31..
30.
31..
Agricultural
credit
corporations
3,773.3
3,674.7
4,058.2
4,996
6,389
13,413.2
14,595.1
17,966.7
20,086.0
19,575.5
1951
Current quarters:
196C^epteinber
1961 -March
September
1962-March
Total
to aid
agriculture
30,469.2
31,393.9
32,771.3
35,854.9
Cooperative
associations
573.7
751.7
365.8
823.9
774.0
844.6
894.4
996.5
1,227.0
1,547.4
1,697.8
1,832.2
6,789
6,827
6,913.4
8,489.7
7,797.5
8,428.3
1,659.0
1,958.8
2,174.3
2,333.3
2,467.9
2,604.4
2,774.4
2,979.3
3,191.6
3,509.3
3,748.2
3,974.4
507.1
629.1
671.3
589.8
6,361
1,892.5
2,171.5
2,341.1
2,468.6
2,589.6
2,721.7
2,954.1
3,152.0
3,394.2
3,715.4
3,948.3
4,168.0
635.6
686.5
733.6
928.8
1,160.5
1,390.4
1,502.0
1,651.2
8,191.1
8,817.3
8,780.7
10,253.9
1,699.6
1,626.6
1
1
,844.2
,765.5
Total
to aid
industry
Fiscal years:
1950
O28.0
603.1
549.4
0I4.6
426.7
438.5
626.9
639.6
654.2
716.8
1951
1952
1953
1954
1955
1956.-
1957
1958
1959
i960
753.6
727.7
1961
Calendar year
1950
1954
1955
1956
1957
1958
1959
I960
1961
Footnotes on page 121.
113.0
104.7
85.2
78.6
11.9
12.7
12.7
12.3
8.0
7.5
7.2
6/
6/
6/
7/
221.0
213.6
191.0
173.8
155.2
136.8
1,6U.3
30.
31.
30.
31
Other
515.0
498.4
464.2
535.9
414.7
425.8
393.2
403.6
455.2
535.5
591.3
584.2
453.6
824.5
653.0
718.
677.
1,019.
1,130.
1,086.
933.
1,538.
1,801.
1,915.
406,
387.
637.0
759.7
737.4
748.3
846.3
7.0
154-4
6.9
13.3
139.1
598.3
591.4
596.5
689.9
1.732.8
1,525.2
2,170.4
2,197.2
458.1
488.5
515.7
508.8
419.8
133.5
123.9
1,525.2
2,141.4
2,603.2
2,929.9
2,906.6
3,204.1 2/
3,683.1
4,642.0
4,671.8
6,462.1
7,679.1
7,807.9
537.2
590.4
636.1
7,853.8
7,948.3
7,903.9
8,456.9
7,516.2r
7,580.7
7,488.3
7,993.7
23.4
30.9
37.3
38.4
49
41
366
401
396
413.5
U7.5
To aid financial institutions
Total to
aid financial
institutions
260.7
219.3
216.8
186.6
165.7
151.4
128.2
32.6
1,528.
2,141.
2,603.
2,930.
2,906,
3,204.
3,771.
4,768.
4,860.
6,735.
8,032.
8,248.
447.3
452.0
486.1
530.9
522.1
2,121.9
1,731.0
2,985.9
1,290.7
1,809.1
2,387.3
2,914.1
2,814.2
3,094
2/
3,302
4,276
4,473
U8.2
454.0
504.5
558.5
1,840
3,333
1,752.8
1,871.3
2,486.2
324.3
814.2
364.5
951.8
369.8
1,419.0
1,235.5
1,272.3
1,300.6
2,136.1
2,027.3
2,708.3
7/
634.1
275.3
314.2
359.2
1,315.7
1,809.4
2,387.4
2,914.2
2,814.4
3,094.8
3,377.7
4,380.5
4,628.2
5,872.7
7,563.6
7,763.2
488.7
524.9
548.2
635.1
549.6
588.8
647.2
508.8
517.1
560.7
597.6
628.7
596.4
289.8
357.5
399.5
484.3
530.4
608.5
2,U1
U6.
485.
559.
589.
Banks
2.6
.1
Insurance
companies
13.6
13.7
.1
5.1
2.8
2.2
4.5
3.7
3.4
Mortgage
loan
companies
2.3
3.5
7.3
7.2
2.3
1.8
46.5
46.1
46.7
48.5
46.1
46.1
(Continued on following page)
4.9
4.5
3.7
3.1
25.0
.3
.1
.1
.1
.2
74.9 2/
5,641
104.5
154.7
231.1
7,247
7,371.9
316.6
391.3
Foreign
loans
3.0
.3
.1
.1
.2
.3
88.3 1/
126.6
188.5
273.0
353.1
440.4
337.6
367.6
415.1
463.2
Other
loans
L/ i/
etc
6,116.3
6,151.1
7,617.0
7,798.4
7,964.8
3,032.4
3,171.6
8,300.2
9,046.2
9,924.7
10,266.3
10,991.2
138
218
174.3
335.5
446.8
658.0
1,036.3
1,298.3
810.2
800.7
859.6
947.2
863.8
1,412.4
1,223.2
1,265.2
1,293.3
2,134.3
1,980.3
2,662.2
468.0
712.3
1,020.2
644.6
271.7
244.9
246.0
264.0
293.4
318.8
6,077.8
6,110.3
7,736.2
8,042.6
8,000.5
7,983.3
8,223.5
8,753.7
9,509.7
9,840.0
10,483.6
11,753.9
62.8
66.2
74.7
118.7
166.0
256.0
210.4
341.9
522.4
752.4
1,162.8
1,464.7
1,736.1
1,476.6
2,124.3
2,151.1
424.9
10,344-1
10,761.3
11 ,337.2
12,092.1
1,112.9
1,231.4
1,394.5
1,540.8
1,869.4
14.0
13.4
To aid
States,
Territories,
Other
422.9
560.9
732.5
732.7
332.3
255.2
226.8
243.0
270.9
310.0
348.9
402.8
437.4
810.7
647.9
713.9
671.4
1,013.5
1,173.4
1,079.4
929.5
1,537.1
1,769.8
46.1
Mortgage
loans
539.2
530.1
952.4
812.8
1,453.8
3,116
3,026
2,669
109.9
100.7
81.9
79.0
11.5
11.2
12.5
10.3
7.8
7.4
7.0
32.7
6/
21.6
25.5
30.9
34.2
39.5
44.6
392.5
515.9
408.6
437.7
1,216.5
2,460.5
2,234.0
2,452.9
2,089.2
1,688.2
2,526.9
1,360.7
1,532.3
568.0
589.1
597.6
587.8
431.3
678.
619.3
673.9
679.9
732.3
748.0
797.9
1951
1952
1953
Current quarters:
1960-September
1961-March
September
1962-Karch
Loans to
railroads
Ship
mortgage
Total
to aid
home
owners
Farm
mortgage
loans
1,003.1
3,836.4
4,006.7
4,066.9
4,231.3
To aid Industry
End of
period
Crop, livestock, and
commodity
loans 2/
To aid home owners
369.1
423.1
373.1
436.2
467.3
61.
65.
68.
119
Jane 1962
COKPORAIIONS AND CERTAIN OTHEB BUSINESS-TYFE ACTiVi'i'IES.
Section I - Statements of Financial Condition
Table 8.- Loans Outstanding by Periods for All Business-Type Activities
Excluding Interagency Loans but Including Foreign Currency Loans - (Continued)
Part B.- Classified by Agencies
(In millions of dollars)
Footnotes on page 121.
Treasury Bulletin
180
\
.CORPORATIONS AND CERTAIN OTHER BUSHCESS-TYEE ACTIVITIES.
Footnotes to Table
1/
1
Development and Assistance Act of 195i, as amended, and the Mutual
Security Acts, as amended. Dollar equivalents are computed for
reporting purposes, to provide a common denominator for the
currencies of the many countries involved. Foreign currencies on
hand and on deposit, and loans under section IO4 (e) of the Agricultural Trade Development and Assistance Act of 195A^, as amended,
are stated at the rates as of March 31, 1962, at which the United
States could purchase currencies on the market for regular operating
purposes. Other loans are stated at the rates at which they are to
be repaid or at rates in effect when the loans were extended.
Currencies that are dollar denominated or guaranteed as to rate of
exchange, are stated at rates specified in the agreements.
Less than I^OO.
These amounts consist in the main of unexpended balances of general,
special, and revolving fund accounts against which checks may be
drawn to pay proper charges under these funds. The funds are
considered as assets of the agencies, but are not assets of the
United States Government since funds must be provided out of cash
balances of the Treasurer of the United States and future receipts
to take care of checks to be issued against the balances.
Includes foreign currency assets, representing loans and other
receivables recoverable in foreign currency as well as balances of
foreign currencies in United States depositaries, aggregating
$2,975,211 thousand in dnllar equivalent. These currencies, acquired
primarily without the payment of dollars, were generated under
various Government programs, principally the Agricultural Trade
Footnotes to Table 2
4/
Includes operating and administrative expenses funds.
See Table 1 , footnote 1
Includes guaranteed loans and certificates of interest aggregating
$1,14.8,613 thousand which are held by lending agencies.
Foreign currency assets are included throughout the table. See Table
footnote 2,
1 ,
Certain corporations and other business-type activities that have
submitted statements of financial condition have guaranteed and insured loans which were made by private financial institutions. These
commitments are of a contingent nature and have been excluded from
their balance sheets. The major agencies that have these contingencies and the amounts are as follows:
Amount
Activity
(in thousands
of dollars)
Development loans (December 31, 1961)
Agriculture Department:
Farmers' Home Administration:
Agricultural credit insurance fund
Commerce Department:
Federal ship mortgage insurance fund
Housing and Home Finance Agency:
Office of the Administrator:
Urban renewal fund (December 31, 1961)
Federal Housing Administration
Public Housing Administration:
Local housing authority bonds and notes
Local housing authority temporary notes
Veterans' Administration:
Loan guaranty revolving fund (December 31, 1961).
60,496
27,162
22,174
115,136
1/
K
2/
June 1962
121
.COKPOBATIOnS AND CESTAIR OTHKR BOSIHESS-TIFE ACTIVITIES.
Footnotes to Table 8
V
Table 8 relates to all loan programs of Government agencies. It includes not only the United States dollar and foreign currency loans
summarized separately in Table 7, but also the loans made, all in
United States dollars, by deposit funds (Table 5) and trust revolving
funds (Table 6). Table 8 beginning June 30, 1960, includes purchase
money mortgages and similar long term paper which have been reclassified as loans pursuant to an amendment issued June 23, I960, to Department Circular No. 966 (see footnote 1 at end of Table 7).
Includes guaranteed loans held by lending agencies.
2^
of the Veterans' Administration loan
2/ The major portion of the loans
guaranty revolving fund is included under "Mortgage loans" through 1955
and under "Other" to aid home owners thereafter (see footnote 19).
the Agency for International Devel4/ Figures representing loans made by
opment (formerly International Cooperation Administration) prior to
1952 are not available at this time.
lending agencies through December
i/ Includes guaranteed loans held by
31, 1958, and the loan to the United Kingdom.
were not received by the United States
6/ Reports on maritijme activities
Treasury Department during the period from March 31, 1947, through
March 31, 1953. Reorganization Plan No. 21, effective May 24, 1950,
abolished the United States Maritime Commission and transferred its
functions into the Department of Commerce.
the Commerce Department on maritime
2/ Reports have been received from
activities for the fiscal year 1953 and thereafter, but no loans were
reported prior to December 31, 1955. Beginning with that date, certain mortgage notes are classified as mortgage loans.
Department of State, and the Inter8/ This Agency was established in the
were
national Cooperation Administration and the development loan fund
September
abolished on November 3, 1961, pursuant to the act approved
dated November 3,
Order No. 10973
4, 1961 (75 Stat 445), and Executive
to this Agency
1961 Loans of the abolished agencies were transferred
development loans was established. Data for
and a new fund for
earlier periods are for predecessor agencies.
November 3, 1961 (see footnote 8).
2/ This fund was abolished on
agricultural
Consists of the emergency credit revolving fund, the
etc., revolving
credit insurance fund (formerly the disaster loans,
fund, respectively); the
fund and the farm tenant mortgage insurance
rehabilitation
farm housing and other loan programs; the State rural
account beginning
funds beginning June 30, 1956; and the direct loan
1961,
December 31, 1961. Prior to June 30, 1956, and December 31,
the direct loan
loans of the agricultural credit insurance fund and
of financial
account, respectively, were included in the statements
condition of the nonrevolvlng fund loan programs.
July 30, ,„„ f,^
953 1.15
uy On September 29, 1953, pursuant to the act approved started liquidaFinance Corporation
U S.C. 609), the Reconstruction
the Corporation
tion of its activities, except those carried on by
Act of 1950 (50
pursuant to Section 409 of the Ibderal Civil Defense
production activities carApp DSC. 2261) and expansion of defense
of 1950, as amended
ried on pursuant to the Defense Production Act
transferred to the Secre(50 Add U.S.C. 2091-2094), which had been
and as of the close of
tary of the Treasury as of September 28, 1953,
Effective at the close
business on September 28, 1953, respectively.
Reorganization Plan No. 2 of
of business June 30, 1954, pursuant to
of the Corporation were
1954, certain functions and related assets
the Federal
transferred to the Export-Import Bank of Washington,
Business Admullstration.
National Mortgage Association, and the Small
of the Corporation were
On July 1, 1954, the remaining activities
to complete their liquidatransferred to the Secretaiy of the Treasmy
as amended June 29, 1954.
tion, pursuant to the act of July 30, 1953,
the close of business June
The Corporation was abolished effective at
and the remaining funcby Reorganization Plan No. 1, of 1957,
30, 1957,
to the Housing
tions of the Corporation were transferred
^^ "™^
S«"^=^=./^i^*™^
finance administrator. Administrator of General
and the Secretary of the Treasury.
of the Small Business Administration,
Kingdom and "^^er miscellaneous
12/ Consists of the loan to the United
December 31 ,1953, loans
loans, ffederal civil defense loans beginning
fund beginning
Reconstruction Finance Corporation liquidation
of the
loans of the Federal Farm
December 31. 1957 (see footnote 11), and
December 31, 19fal ^see
Mortgage Corporation liquidation fund beginning
.
u/
^WAc Works
December 31, 1959, consist of loans of the
beginning June 30, I960,
Administration (in liquidation). Figures
include also: loans of Federal Facilities C°'-P°^? \^°\[^''^^t'°7^ugpursuant to *^^ f'^^ °^
^"^^3
ration was dissolved September 30, 1961,
are being liquidated by
ust 30. 1961 (75 Stat. 419) and the loans
R-onstruction ^ance
A^Ikrltor of General Services) the
""^
Corporation liquidation fund, surplus property ^''^^i^^Jf ' ^^^^
acquired
nol^ 1 at end of Table 7). and loans
^l^l'^'"'"
through
l'^.^.l.]°
App. U.S.C. 2091)
Production Act of 1950, as amended (50
March 31, 1961.
Figure for June 30, 1950, consists of Alaska housing loans. Subsequent figures Include also: beginning December 31, 1950, loans for
community facilities service (previously included under Public Works
Administration) , prefabricated housing loans (transferred from the
Reconstruction Finance Corporation) and urban renewal loans authorized by the Housing Act of 1949, as amended (42 U.S.C. 1452 (a));
beginning December 31. 1951, college housing loans authorized by the
Housing Act of 1950, as amended (12 U.S.C. 1749); beginning December
to
31 , 1954, loans held by the revolving fund established pursuant
the act approved June 24, 1954 (68 Stat. 295) for liquidation of not
only Alaska housing, community facilities service and prefabricated
housing loans already included but also loans under the Farm Security
Administration program, the public war housing program, and the
veterans' re-use housing program, all three of which previously were
handled by the Public Housing Administration; as of December 31
of
1955, public works planning loans authorized by the Housing Act
1954 approved August 2, 1954 (40 U.S.C. 462); beginning December 31,
Amendments of
1956, public facility loans authorized by the Housing
1955 approved August 11, 1955 (42 U.S.C. 1491); as of December 31,
1956, June 30, 1957, and from June 30, I960, through March 31,
Atomic
1962, community disposal operations loans authorized by the
Energy Community Act of 1955 approved August 4, 1955 (42 U.S.C. 2301
note) and Executive Order No. 10657 of February 14, 1956; and beginning September 30, 1961, loans for housing for the elderly authorized
by the Housing Act of 1959, as amended (12 U.S.C. 170-iq) .
the mortgage notes and
15/ From June 30, 1956, through March 31, I960,
were
sales contracts which had previously been classified as loans
classified as other assets and were not included in this table.
reclassified
These mortgage notes and sales contracts have now been
table
as loans, and beginning June 30, 1960, are Included in this
(see footnote 1 at end of Table 7).
Corporation amounting to
16/ Totals Include loans of Home Owners' Loan
December 31,
$84.2 million as of June 30, 1950, and $9.6 million as of
IV
approved August
The Federal National Mortgage Association Charter Act
Association to carry on
2
1954 (12 U.S.C. 1716), authorized the
functions,
three functions consisting of management and liquidating
functions. Its
secondary market operations, and special assistance
activities under these three functions began on November 1, 1954.
low-rent public
All figures in this column include the loans of the
States Housing Act
housing program fund (formerly known as the United
program as of June
program) . Also Included are the homes conversion
public war housing
30
1950, the Ekrm Security Administration and
the veterans
programs from June 30, 1950, through June 30, 1954, and
through June 30, 1954 (see
re-use housing program from June 30, 1953,
17/
18/
footnote 14)
...
to
program was converted t„
The Veterans' Administration loan guaranty
July 1, 1961. pursuant to the act approved
a revolving fund effective
...
July 14, 1960 (74 Stat. 533).
^^
^
notes receivable which
From June 30. 1956. through March 31, I960,
loans were classified as other
had previously been classified as
These notes have now
assets and were not included in this table.
September
ITelre^lsAne, as loans, and from June 30, 1960, through this
On October 4, 76I,
30 1961, were Included in this column.
approved October 4,
Coloration was abolished pursuant to the act
were transferred to the
Stat. 773), and its remaining assets
19/
20/
1961
^
^
21/
22/
h^Lg
wSS^L
^
He
n^lTtM
,
(75
Secretary of the Treasury for liquidation.
defense production from June
Figures include loans for expansion of
defense loans as of
3ofl95irthrough June 30, 1953, and Federal civil
1953 (see footnote 11)lime 30
the Inl^d Waterways
T™ major portion of the loans is held by: Puerto Rico Reconstruction
Co^'itlon; Department of the Interior
fisheries loan f™d b^AdSnistration through December 31, 1954,
public works loans
gi^ng June 30, 1957, Indian loans, and Alaska - guaranteed loans
Army
June 30, 1960; Department of the
on Joans
S) through ieceSber 31. 1957; Office of Educat
institutions as of June 30, 1959, and
to students and educational
Federal Savings and Loan
1962;
frofjule 30, I960, through March 31,
irom June ^^'
._/nefense Department military assistance
196o! and agencies reporting loans
3S
'reSrs^lesrbel^^nglufe
as amended (50 App.
rl^anrto the oS^nsf Production Act of 1950,
beginning
wh?h consist of the Departments of the Air Force be2091)
and
Navy beginning December 31, 1951.
195
T
» in
Services Administration as of
30! ;956r^ the General
grn^ilg'j^e
»
r
December 31. 1959.
Less than $50,000.
Revised.
'
W
Treasury Bulletin
122
.CUMDLATIVE TABLE OF CONTEOTS.
July 1961 through June 1962
Issue and page number
1961
July
Aug.
1962
Sept.
Apr.
Oct.
May
II
Reporting bases.
Articles:
Treasury financing operations
II
II
II
II
II
II
II
II
A-1
A-1
A-1
A-1
A-1
A-1
A-1
A-1
A-1
A-1
A-1
1
Summary of Federal fiscal operations.
1
1
1
1
1
1
1
1
1
1
10
11
9
9
10
11
10
11
9
10
11
10
11
9
10
11
10
11
12
12
12
12
13
13
13
13
Budget receipts and expenditures:
Receipts by principal sources
Detail of miscellaneous receipts by major categories
f.
Expenditures by agencies
Interfund transactions excluded from both net budget receipts
and budget expenditures
Summary of appropriations and authorizations, expenditures, and
balances, by agencies
Expenditures and balances by functions
2
3
4
5
6
Trust account and other transactions:
Summary of trust account and other transactions
Trust account receipts
Trust and deposit fund account expenditures
Net investment by Government agencies in public debt securities...
Net redemption or sale of obligations of Government agencies in
the market
Intertrust fund transactions excluded from both net trust account
receipts and net trust accoxint expenditures
Federal Old-Age and Survivors Insurance Trust Fund
Federal Disability Insurance Trust Fund
Railroad Retirement Account
Unemployment Trust Fund
National Service Life Insurance Fund
Investments of specified trust accounts in public debt securities,
by issues (latest date March 31, 1962)
10
11
10
12
13
13
14
15
15
16
17
10
11
12
11
10
11
12
13
13
15
15
15
15
16
16
17
13
14
15
15
16
17
18
18
13
14
13
14
9
9
18
18
Cash income and outgo:
Summary of Federal Government cash transactions with the public...
Summary of cash transactions through Treasurer's account
Derivation of Federal receipts from the public, and reconciliation
to cash deposits in Treasxirer's account
Derivation of Federal payments to the public, and reconciliation
to cash withdrawals from Treasurer's account
Intragovernmental transactions
Accrued interest and other noncash expenditures
Derivation of Federal net cash debt transactions with the public,
and reconciliation to transactions through Treasurer's account....
15
20
20
15
15
15
15
20
20
15
15
15
15
20
20
15
15
15
15
20
20
16
21
16
16
21
16
16
21
16
16
21
16
17
17
21
22
22
16
17
17
16
21
22
22
16
16
21
16
16
17
17
17
17
22
17
22
17
17
17
21
22
22
23
13
23
18
18
23
18
18
23
25
26
20
21
20
25
26
20
21
20
21
25
26
20
21
21
20
21
25
26
27
27
28
22
22
23
22
22
23
27
27
28
22
22
23
22
22
23
27
27
28
22
22
23
22
22
23
27
27
28
28
29
30
23
24
23
24
25
28
29
30
23
24
25
23
28
29
25
30
23
24
25
23
24
25
28
29
30
26
31
26
26
31
26
26
31
32
27
28
28
30
33
35
32
37
30
32
34
39
17
17
Account of the Treasurer of the United States:
20
Status of the account of the Treasurer of the United States
Analysis of changes in tax and loan account balances
21
Debt outstanding:
Siimmary of Federal securities
Computed interest charge and rate on Federal secxirities
Interest-bearing public debt
Average length and maturity distribution of marketable
interest-beari.ng public debt
Special public debt issues to U. S. Government investment accounts.
Treasury holdings of securities issued by Government agencies
Interest-bearing securities issued by Federal agencies but not
guaranteed by the U. S. Government
25
31
Statutory debt limitation.
32
Public debt operations:
Maturity schedule of interest-bearing public marketable secxirities
other than regular weekly Treasury bills
Offerings of Treasury bills
New money financing through regular weekly Treasury bills
Offerings of public marketable securities other than regular
weekly Treasury bills
Allotments by investor classes on subscriptions for public
marketable securities other than regular weekly Treasury bills....
Disposition of matured public marketable securities other than
regular weekly Treasury bills
United States savings bonds:
Cumulative sales and redemptions by series
Sales and redemptions by periods, all series cofllbined
Sales and redemptions by periods. Series E through K
Redemptions of matured and unmatured bonds
Sales and redemptions by denominations. Series E and H combined.
Sales by States, Series E and H combined
28
30
32
35
37
34
39
28
30
28
30
33
35
32
32
37
30
32
34
34
39
34
32
32
28
30
32
33
35
37
34
40
40
40
46
48
49
51
44
39
39
44
40
40
47
39
42
42
47
43
43
49
44
53
53
54
56
48
48
49
48
48
49
49
49
50
49
49
50
51
51
53
53
54
56
57
52
52
55
55
56
58
51
51
52
54
57
58
(Continued on following page)
59
60
50
51
51
52
54
57
57
58
60
61
June 1962
123
CUMULATIVE TABLE OF COHTENTS
July 1961 through June 1962
-
(Continued)
Issue and page number
1961
July
Aug.
6ept.
1962
Oct.
Dec
Jan.
58
53
53
61
58
59
53
54
53
54
61
62
Mar.
Apr.
Ownership of Federal secxirities:
Distribution by classes of investors and types of issues
Net market purchases or sales for investment accounts handled by
the Treasury
Estimated ownership
Treasury survey of ownership of Federal securities:
Ownership by banks, insurance companies, and others
Ownership by commercial banks classified by membership in Federal
Reserve System {latest date December 31^ 1961)
59
52
53
59
60
5A
52
53
52
53
54
63
58
55
56
55
56
69
57
Market quotations:
End-of -month closing quotations on Treasury securities by issues.
Chart - Yields of Treasury securities
o5
60
53
67
60
68
70
61
59
63
73
75
61
63
61
63
62
63
64
65
76
77
64
65
64
65
66
78
79
66
67
66
67
68
68
69
69
70
68
69
80
81
70
70
71
71
81
82
83
Average yields of long-term bonds:
Average yields of Treasury and corporate bonds by periods.
Chart - Average yields of Treasxiry and corporate bonds....
61
62
6q
65
66
61
62
71
72
Internal revenue collections:
Summary by principal sources
Chart - Internal revenue collections by principal sources.
Summary by States, calendar year 1961
Detail of excise tax collections
63
64
70
71
67
68
63
64
73
74
Monetary statistics:
Money in circulation
Monetary stocks of gold and silver
Gold assets and liabilities of the Treasury
Components of silver monetary stock
Seigniorage
Increment from reduction in weight of gold dollar (latest date
March 31, 1962 )
65
66
66
67
68
72
73
73
7i
75
71
72
72
73
74
65
75
66
66
76
76
77
78
67
68
67
71
71
72
73
83
Exchange Stabilization Fund (latest date December 31, 1961):
Balance sheet
Foreign exchange transactions..
U. S. stabilization agreements.
Income and expense
69
70
70
71
72
72
73
85
85
74
7^
National bank reports:
Earnings, expenses, and dividends for calendar years 1957-61
International financial statistics:
U.
by
S.
U.
gold stock, and holdings of convertible foreign currencies
S. monetary authorities
69
78
86
75
7^
75
Capital movements between the United States and foreign countries;
Summary by periods since 1935
Summary by countries and periods
Short-term banking liabilities to foreigners, latest month
Short-term banking claims on foreigners, latest month
Purchases and sales of long-term securities by foreigners,
latest month
Shorx-term liabilities and claims reported by nonflnancial concerns.
Long-term liabilities and claims reported by banks and bankers
Estimated gold and short-term dollar resources of foreign countries
and international institutions
Foreign credit and debit balances in brokerage accounts
Short-term liabilities, countries and areas not regularly reported..
Purchases and sales of long-term securities by foreigners during
ca lendar year 1961
Foreign currencies acquired by the
dollars:
U.
70
76
79
73
77
86
87
79
83
70
73
77
78
82
85
73
76
73
76
87
90
89
90
80
81
80
31
94
95
78
82
83
82
83
96
84
79
80
83
85
86
85
84
76
79
83
84
86
87
without purchase with
98
98
Transactions and balances in Treasury accounts
Transactions and balances in agency accounts
Corporations and certain other b usiness-type activities:
Statements of financial condition (latest date March 31, 1962)
Income and expense (latest date December 31, 1961)
Source and application of funds (latest date December 31, 1961)...
100
86
86
89
107
109
1
POSTAGE AND FEES PAID
U.S. TREASURY DEPARTMENT
TREASURY DEPARTMENT
'
FISCAL SERVICE. BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
WASHINGTON
25,0.0.
OFFICIAL BUSINESS
BUY
AND
HOLD
UNITED
S
TAT
E S
SAVINGS
BONDS
I
I
@FedFRASER