Full text of Treasury Bulletin : June 1965
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II
UBRARY
AUG
9 1986
TREASURY nrPflRTH'TNT
LIBRARY
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2.3 1972
TREASURY DEPARTMENT
POSTAGE AND FEES PAID
TREASURY DEPARTMENT
Treasury Department
U.S.
FISCAL SERVICE, BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
WASHINGTON,
D.C.
20226
OFFICIAL BUSINESS
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JUNE
1965
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UNITED STATES TREASURY DEPARTMENT
OFFICE OF THE SECRETARY
The Treasury Bulletin is for sale by the
Superintendent of Documents,
U. S. Government Printing Office, Washington D.C. 20A02
Subscription per year $8.50 domestic, $11.00 foreign
Single copy price varies
Jane 1965
Table of Contents
Page
Treasury financing operations
Siiinmary
of Federal fiscal operations
Administrative budget receipts and expenditures..
A-1
1
2
Trust and other transactions
12
Consolidated cash transactions
17
Account of the Treasurer of the United States....
20
Debt outstanding
23
Statutory debt limitation
28
Public debt operations
29
United States savings bonds.
61
Ownership of Federal securities
65
Treasury survey of ov/nership of Federal
securities
67
Market quotations on Treasury securities
71
Average yields of long-term bonds
7U
Monetary statistics
76
National bank reports
79
International financial statistics
80
Capital movements
°^
Corporations and certain other business-type
activities-statements of financial condition
107
Cumulative table of contents
UO
Treasury Bulletin
II
Reporting Bases
Data on receipts, expenditures, and debt which appear
itures and Balances of the United States Government" and
In the "Treasury BiJlletln" are based largely on two Treasury
for actual receipts and expenditures In the "Budget of the
financial reports, the "Dally Statement of the United States
United States Government
Treasury" and the "Monthly Statement of Receipts and Expenditures of the United States Government." Certain mone-
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
tary statistics are based at least In part on the "Circulation Statement of United States Money." Where these state-
ments are given as sources for Individual tables, they are
Their respective reporting bases are
For other data In the Bulletin, Informa-
.
the detail of both budget receipts and budget expenditures.
cited by name only.
The transactions deducted consist of Interest payments and
described below.
tion on sources or reporting bases Is given In connection
minor amounts of certain other payments made by Government
with the tables theraeelvee.
This reporting change was made in
agencies to the Treasury.
accordance with the plan stated in the President's Budget
The monthly statement of receipts and expenditures
and replaced the
Message of January 1&, i960.
It does not aiffect the surplus
was first published for February 195^,
or deficit.
dally statement as the primary source of Information on
budget results and other receipt and expenditure data
At the same time, the
classified by type of account.
ury Bulletin were revised to the new reporting basis in the
dally statement was changed to a statement of cash deposits
ury by wholly owned Government corporations for retirement
of their capital stock and for disposition of earnings.
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 1953.
The announcement of February I7,
with respect to these reporting changes may be found
In the April \3^K Issue of the Bulletin.
195U-,
The monthly statement shows all receipts and expendi-
tures of the Government,
Including those made from cash
accounts held outside the United States Treasury. The
information Is complied 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
Figures for earlier periods shown In the Treas-
The Interfund transactions deducted
September i960 issue.
under this procedure do not Include payments to the Treas-
These capital transfers have been excluded currently from
budget receipts and budget expenditures beginning July 1,
and figures for prior fiscal years back through 1932
19'*^,
were revised accordingly at that time.
The dally statement on the new basis was first Issued
for February 17, 195'^.
shown,
I^i
'the
deposits and withdrawals as
no distinction is made as to the type of accounts
(budget, trust,
etc.
).
The deposits are on the basis of
certificates of deposit cleared through the account of the
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 classi-
transactions recorded In the accounts of the agencies
fications shown are reported on the basis of mailed reports
The net of the transactions
of checks Issued and are adjusted by means of clearing ac-
during the reporting period.
as,
compiled from these reports Is reconciled In the monthly
counts to the total of checks paid.
Except for relatively
statement to changes in the balance In the Treasurer's ac-
minor amounts, noncash interfund and other intragovernmental
count and in cash held outside the Treasurer's account and
transactions are excluded.
changes In the public debt outstanding.
Receipts of taxes and customs duties are reported on a
Other receipts are reported partially
on a collections basis and partially on a deposits basis.
Expenditures, except Interest on the public debt, are re-
collections basis.
ported 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 in-
Interest on the public debt is included on an
accrual basis beginning with figures for June 1955 and
the fiscal year 1955Prior to that, it was included on
volved.
a due and payable basis.
The same reporting basis as that
The public debt figures in the
dally 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
Noncash debt transactions are Included, however.
Bainks.
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 daily
statement with respect to debt issuance, retirement,
and
in the monthly statement provides the fiscal year figures
amount outstanding.
for the Treasury's "Combined Statement of Receipts, Expend-
classified by type of account, and the budget results shown
Receipts and expenditures, however, were
June 1965
III
Reporting Bases
In the dally statement were used as the basis for reflecting
the results under the President's budget prograji as enacted
by the Congress.
Receipts were on the basis of deposits as they cleared
the Treasurer's account. Expenditures cleared through the
Treasurer's
bases.
account
Through
19'<-6
were reported on two successive
they were on the basis of checks paid
by the Treasurer of the United States. Beginning with 19117,
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 organizations, were on the basis of checks paid.
Transactions han-
Note:
-
(Continued)
dled through commercial bank accounts, consisting of market
transactions In public debt and guaranteed securities, were
as reported by the agencies.
Interest on the public debt
was Included on a due and payable basis beginning with
November I949 and on a checks-paid basis prior to that time.
The circulation statement reflects transactions through
the Treasurer's account which affect monetary stocks of gold
and sliver and the amounts of coin and currency In the money
supply of the country.
statement,
It Is Issued later than the dally
however, and the figures are based on transac-
tions consummated during the reporting period even though
some may not have cleared the Treasurer's account during
that period.
shown.
figures, the details may not check to the totals
vmere calculations have been made from unrounded
Jane 1965
A.1
Treasury Financing Operations
One-Year Bills
On May 19, 1965, the Treasury invited tenders for the
the ones dated May 13 and May 27 mature in 183 days.
Average
auction on May 25 of $1 billion, or thereabouts, of 365-day
rates of discount for the new issues are shown in the table
Treasury bills, for cash and in exchange for Treasury bills
following
maturing May 31, 1965.
Of the total |2,752 million tenders received, $1,001 million, including $31 million of noncompetitive tenders, was
accepted at the average bank discount rate of 3.95i percent.
Noncompetitive tenders for $200,000 or less (without stated
price) from any one bidder were accepted in full at the average
price of accepted competitive bids
Banking institutions generally could submit tenders for
account of customers provided the names of the customers were
set forth in such tenders.
Others than banking institutions
could submit tenders only for their own account.
Tenders were
received without deposit from incorporated banks and trust
companies and from responsible and recognized dealers in in-
vestment securities.
by payment
of 2
Tenders from others had to be accompanied
percent of the face amount of the bills applied
for, unless the tenders were accon^anied hy an express guaranty
of payment by an incorporated b£ink or trust company.
Payment for accepted tenders was required to be made or
completed on May 31, 1965, in cash or other immediately avail-
able funds or in a like face amount of bills maturing May 31,
1965, except that settlement could be made on June 1 if the
Federal Resenre Bank was closed on May 31.
Payment by credit
in Treasury tax and loan accounts was not permitted.
The new one-year bills are dated May 31, 1965, and mature
May 31, 1966, when the face amount will be payable without
interest.
Issued in bearer form only, the bills are in denom-
inations of 11,000, 15,000, $10,000, $50,000, $100,000,
$500,000 and $1,000,000 (maturity value).
13-Week and 26-Week Bills
May issues of regular weekly Treasury bills totaled $8.8
billion, refunding an equivalent amount maturing. The May
bills consisted of four 13-week issues of $1.2 billion each
and four 26-week issues of $1.0 billion each.
The
All of the 13-week issues carry 91-day maturities.
and
days
26-week issues dated May 6 and May 20 mature in 182
13-week
(Additional amount of bills of
original maturity of 26 weeks)
s
Jane 1965
SUMMARY OF FEDERAL FISCAL OPERATIONS
(In millions of dollars)
Administrative budget
receipts and expenditures
Period
Net
receipts
Expenditures
Net of
trust
and other
Surplus,
transactions
deficit
1/
Clearing
account,
etc. 2/
decrease
(-)
(-)
Fiscal years
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
I960
1961
1962
1963
1964;
Net
increase
in
publ i c
debt, or
Levels, end of period
Net
increase in
Treasurer' s
account
balance, or
decrease (-)
Debt outstanding
Treasurer'
account
balance
Public
debt
Guaranteed
securities
Total
Federal
securities
Subject to
limitation
3/
:
422
,480
,287
,671
,420
,209
,850
,562
,550
,915
,76?
,659
,409
,376
,459
39,544
43,970
65,303
74,120
67,537
64,389
66,224
68,966
71,369
80,342
76,539
81,515
87,787
92,642
97,684
-3,122
3,510
-4,017
-9,449
-3,117
-4,180
1,626
1,596
-2,819
-12,427
1,224
-3,856
-6,378
-6, 266
-8,226
91,200
94,400
97,481
99,687
-6,281
-5,287
,235
,877
,705
,654
,938
,119
,616
,749
,262
-422
-3,358
-5,842
-9,157
-3,683
-2,771
3,779
592
-7,083
-7,040
1,953
-6,306
-7,199
-6,672
-8,248
311
815
-41
101
739
-259
267
1,092
-691
,709
,516
,696
37,657
56,236
70,547
72,811
64,622
65,891
66,838
71,157
75,349
79,773
77,565
84,463
91,907
94,188
96,945
729
168
151
109
-237
154
204
183
493
-576
1963-July
Rug
Sept
Oct
Nov
Dec
3,547
7,290
10,095
3,400
7,131
8,803
7,863
8,305
7,815
8,776
7,734
8,289
-4,316
-1,015
2,279
-5,377
-652
514
192
-7
155
93
135
76
-830
402
204
-495
383
1964-Jan
Feb
Mar
Apr
May
June
5,853
8,047
10,148
6,609
6,136
12,401
8,492
7,521
7,871
7,930
7,511
9,527
-2,639
-130
3,487
6,653
10,072
3,398
7,037
8,856
7,410
8,083
8,450
8,329
7,051
8,770
-3,923
-1,430
1,622
-4,930
-15
86
-40
66
-130
366
171
1965-Jan
Feb
Mar
5,642
7,518
11,188
7,676
7,146
8,139
-2,033
Apr
May
8,549
7,268
8,268
8,116
79,668
37,437
1965 (Est.)..
1966 (Est.)..
Calendar years;
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
I960
1961
1962
1963
1964
738
,513
157
551
741
4,537
-2,135
3,883
6,966
5,189
3,115
-1,623
-2,224
5,816
8,363
1,625
2,640
9,230
7,659
5,853
390
-836
-861
4,691
5,693
-2,036
87
-423
2,711
7,973
7,777
3,532
2,019
-4,141
-1,730
8,025
7,875
-581
5,952
7,301
5,377
8,594
-U7
99
679
147
435
328
231
-194
195
633
-329
-50
-602
436
97
456
23
-698
234
483
-214
-401
-250
-303
284
522
-523
530
-6
-145
507
448
196
-106
-319
-209
-34
376
-21
224
2,047
1,839
-388
-2,299
2,096
-551
331
-956
4,159
-4,399
2,654
-1,311
3,736
1,686
-1,080
5,517
7,357
6,969
4,670
6,766
6,216
6,546
5,590
9,749
5,350
8,005
6,694
10,430
12,116
11,036
257,357
255,222
259,105
266,071
271,260
274,374
272,751
270,527
276,343
234,706
236,331
288,971
298,201
305,860
311,713
9,000
9,000
316,404
322,096
4,232
4,295
6,064
4,577
4,545
4,427
4,606
4,961
5,533
6,411
6,494
7,509
7,375
7,295
256,708
259,419
267,391
275,168
278,750
280,769
276,628
274,898
282,922
290,798
290,217
296,169
303,470
309,347
317,940
6,998
6,846
9,783
4,510
5,270
7,375
4,264
6,795
8,656
6,085
62
1,770
-1,488
603
-635
-117
20
29
46
52
81
44
74
107
101
111
no
240
444
607
813
257,377
255,251
259,151
266,123
271,341
274,418
272,825
270,634
276,
4U
234,817
286,471
289,211
298,645
306,466
312,526
496
404
316,900
24
256,731
259,461
267,445
42
54
76
34
322, 500
275,
2U
256,652
254,567
258,507
265,522
270,790
273,915
272,361
270,188
276,013
284,398
286,065
238,862
298,212
306,099
312,164
316,545
322,151
256,026
258,794
266,821
274,671
278,256
280,348
276,276
103
104
109
127
156
330
518
742
809
278,784
230,822
276,731
275,002
283,031
290,925
290,373
296,499
303,983
310,089
318,750
282,607
290,513
289,971
296,061
303,616
309,724
318,464
304,835
306,535
306,635
306,442
303,215
309,347
647
674
693
705
718
742
305,482
307,209
307,328
307,147
308,933
310,089
305,115
306,842
306,962
306,781
308,567
309,724
308,577
310,357
309,590
307,601
311,532
311,713
762
793
813
302
805
813
309,339
311,150
310,403
308,402
312,337
312,526
303,975
310,786
310,045
308,040
311,975
312,164
311,183
314,089
315,610
315,635
-809
6,150
6,789
10,189
5,691
8,104
7,295
312,004
314,938
316,496
316,456
319,320
318,750
311,643
314,577
316,135
316,096
319,034
313,464
179
355
622
828
83
1,015
-134
-80
5,180
53
274, 564
Mnnths;
July
Aug
Sept
Oct
Nov
Dec.......
1965 to date...
31
-1,025
1,700
100
-193
1,773
1-,132
760
2,105
-770
1,780
-767
-1,989
3,931
131
-3,111
2,531
1,361
-2,571
2,215
2,735
-530
2,906
1,520
-4,836
26
-4,498
2,412
-188
-393
-903
387
41
-595
-161
317,940
821
848
886
821
834
809
64
193
146
377
-268
279
42
1,900
-2,186
-1,550
2,197
1,289
5,745
7,942
9,231
317,983
319,883
317,697
664
693
719
318,646
320,575
318,416
318,361
320,290
318,131
972
-577
-8
-848
244
-1,140
2,661
105
1,480
9,336
10,816
316,557
319,218
657
606
317,213
319,823
316,929
319,540
-7,770
1,043
-999
7,505
-220
10,816
319,218
606
319,823
319,540
526
581
2,277
-1,322
-1,375
2,874
-41
607
372
3,049
280
-436
-674
423
-357
392
133
95
355
2,851
-546
Source:
1/
2/
-5,118
-152
2,938
-5,273
Actual figures through the fiscal year 1952 and the calendar
year 1953 are from the daily Treasury statement, and thereafter from
the monthly statement of receipts and expenditures of the Government
(for explanation of reporting bases, see page II); estimates, including
effect of proposed legislation, are from the 1966 Budget document
released January 25, 1965. More details for data on this page are
shown in succeeding tables.
Excess of receipts, or expenditures (-). For detail, see pages 12-16.
For checks outstanding and telegraphic reports from Federal Reserve
Banks; public debt interest accrued and unpaid beginning with June 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
2/
640
3,400
8,300
11,036
3 18,486
with the fiscal year 1954. Net increase, or decrease (-).
For current month detail and list of acts, see section -"n "Statutory
Debt Limitation" in each issue of the Bulletin.
The limitati->ns in
effect during the period covered by this table and the date when each
became effective are as follows: $275 billion on June 26, 1946; $231
billion on August 28, 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; $298 billion on July 1, 1961;
$300 billion on March 13, 1962; $308 billion on July 1, 1962; $305 billion on April 1, 1963; $307 billion on May 29, 1963; $309 billion on
July 1, 1963; $315 billion on December 1, 1963; and $324 billion on
June 29, 1964.
Treastiry Bulletin
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 1.- Receipts by Principal Sources
(In millions of dollars)
Internal revenue
Employment taxes
Income taxes
Individual
Fiscal year
or month
Corporation
Withheld
1/
Not
withheld
1/
For old-age
Total and
income disability
taxes insurance
1/ 2/
For railroad retirement
2/
1957
1958
1959
1960
21,531
20,533
18,092
22,179
12,302
11,528
11,733
13,271
26,728
27,041
29,001
31,675
60,560
59,102
58,826
67,125
6,634
7.733
8,004
10,211
616
1961
1962
1963
196i
21,765
21,296
22,336
2i,301
13,175
14,403
14,269
15,331
32,978
36,246
38,719
39,259
67,918
71,945
75,324
78,891
11,586
11,686
13,484
15,558
571
564
572
594
1965 (Est.)...
1966 (Est.)...
26,400
28,400
15,300
14,900
36,200
38,400
77,900
81,700
15,637
17,661 7/
639
711
1964- July
Aug
Sept
345
458
948
851
613
571
1,172
4,809 8/
2,669
2,195
5,386
8,874
606
2,250 8/
1,090
16
86
2
57
1
572
264
112 S/
430
1,158
4,956 8/
2,969
1,995
5,516
7,351
466
1,408 8/
11
1
82
1
3,953
607
473
U9
723
55
1
292
2,216
12
94
91
1,395 8/
57
503
7
1,091
1,291
2,762
4
5,371
8,130
6,537
15
520
5,852
696
96
3
19,535
14,452
33,885
67,871
14,493
579
6,759
Apr
May
1,187
2,506
872
928 &/
Less:
Refunds of receipts
Other
Budget
accounts
Trustio/
accounts
621
Less:
2^/
Internal revenue
applicable to
Total
refunds
10/
Estate
Federal OldAge and Survivors Insurance Trust
Fund 10/ 11/
Miscellaneous
receipts
Total
employment
taxes
and
gift
taxes
Excise
taxes
5/
7,531
8,644
8,854
11,159
1,378
1,411
1,353
1,626
10,638
10 814
10,760
11,865
80,172 6/
79,978 6/
79,798 6/
91,775
754
800
948
1,123
4,064
12,502
12,708
15,004
17,003
1,916
2,035
2,187
2,416
12,064
12,752
13,410
13,950
94,401
99, Ul
105,925
112,260
1,008
1,171
1,241
1,284
4,082
3,206
4,436
4,077
16,889
18,943
2,825
3,225
14,592
13,956
112,206
117,824
1,U7
1,532
4,489
4,731
624
2,338
1,148
219
219
166
1,234
1,284
1,203
4,272
9,227
11,392
120
112
122
739
323
252
479
1,491
779
205
168
192
1,176
1,244
1,257
3,855
8,419
9,580
126
124
125
294
429
320
399
2,810
1,459
183
213
308
1,045
1,214
1,303
5,921
10,885
13,963
76
106
155
332
338
398
1,311
2,861
370
283
1,150
1,325
10,962
11,057
139
123
322
393
15,698
2,527
13,436
99,532
1,533
4,145
2
1,181
4,294
5,302
6,647
3,207 8/ 10,894
Mar
Fiscal year
or month
324
341
377
159 &/
2,255
1965- Jan
Feb
Fiscal year
1965 to date
330
336
575
525
607
646
419
3,950
Oct
Nov
Deo
,
For unemployment
insurance
4/
,
Transfers of tax receipts to
Federal
Disability
Insurance
Trust Fund
10/ 1^
Railroad
Retirement
Account
12/
Unemploy-
Total
internal
revenue
2,749
3,196
3,158
..
.
June 1965
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 2.- Detail of Miscellaneous Receipts by Major Categories
(
Fiscal year
or month
Total
Interest
Dividends
and other
earnings
Realization upon
loans and
investments
In millions of dollars)
Recoveries and
refunds
Royalties
Sale of
Government
property
Sale of
products
Seigniorage
Fees for
permits
and
licenses
Fees and
other
charges
for
services,
Fines,
Rents
penalties
and forfeitures
Other
U
etc.
1957
1958
1959
I960
2,7«
19<il
1962
1963
1964
4,082
3,206
i,i36
4,077
942
877
765
955
984
1,076
752
1965 (Est.)
1966 (Est.)
4,489
4,731
1,065
921
1,390
1,577
319
310
196i-July.
Aug..
Sept..
739
323
252
493
92
85
12
93
104
Oct...
10
..
294
429
320
96
93
96
1965- Jan...
Feb
332
338
97
Mar...
398
9
Apr
322
398
20
4,145
3,196
3,158
628
745
601
967
Nov.
Deo.
.
.
.
May
F.Y. 1965
to date.
1?
83
41
438
674
506
1,111
805
743
860
98
142
136
328
328
266
322
343
114
79
337
345
325
392
312
304
350
374
49
90
93
96
53
49
53
54
57
343
263
263
331
330
342
370
409
55
31
53
62
101
130
114
121
124
131
69
70
132
135
144
156
415
497
446
363
97
112
90
137
35
29
18
11
3
5
1
5
-20
29
61
5
20
13
28
7
3
8
1
22
32
36
25
34
3
43
118
-8
11
2
11
11
38
36
28
7
9
4
3
24
25
51
41
9
5
8
4
37
12
12
33
30
10
30
-14
30
59
11
106
13
35
31
13
15
10
11
25
31
24
33
13
12
14
9
374
407
99
587
43f
1,012
371
182
154
200
54
10
103
148
146
48
3
12
10
972
1,245
505
115
64
Source: Actual figures through 1961 are from reports to the Treasury
Department by disbursing officers and administrative agencies, on the
monthly statement reporting basis (see page II); and from the monthly
statement of receipts and expenditures thereafter. Estimates, including effect of proposed legislation, are from the 1966 Budget
Footnotes to Table
6/
7/
a/
10/
11/
12/
Includes small amounts for taxes not classified.
Includes $600 million for hospital insurance for the aged.
Income taxes not withheld, August
Includes adjustments as follows:
-$^ million, November -$5 million, and March -$2 million; income taxes
withheld, August -$78 million, November +$27 million, and March +$157
million; transfers to Federal Old-Age and Survivors Insurance Trust
Fund, August +$80 million, November -$2^, million, and March -$150 million; and transfers to Federal Disability Insurance Trust Fund, August
+$2 million, November +$2 million, and March -$^ million.
See also
footnote 11.
Interest on refunds is included in expenditures in Table 3.
The principal amounts for refunds of employment taxes and certain
excise taxes (highway) are excluded from the transfers of tax receipts
shovm herein, and are included with refunds of internal revenue
receipts, applicable to trust accounts.
Amounts appropriated to the Federal Old-Age and Survivors Insurance
Trust Fund are equivalent to amounts of taxes collected and deposited
for old-age insurance.
Amounts transferred currently for appropriation
to the trust fund are based on estimates of old-age insurance tax
receipts made by the Secretary of the Treasury (4.2 U.S.C, 401 (a)), and
are adjusted in later transfers on the basis of wage and self-emplcyment
income records maintained in the Social Security Administration.
The Federal Disability Insurance Trust Fund was established by the Social
Security Act Amendments of 1956, approved August 1, 1956 (4.2 U.S.C. ^01
(b)).
The act appropriated to the trust fund amounts equivalent to
specified percentages of the wages and self-eii5}loyment income, respectively, which are taxed for old-age insurance, and provided that the
amounts appropriated should be transferred from time to time to the
trust fund on the same basis as transfers to the Federal Old-Age and
Survivors Insurance Trust Fund.
Rates of tax were increased by the
percentages appropriated to the Federal Disability Insurance Trust
Fund, the increase being applicable to wages paid and taxable years
beginning after December 31, 1956.
1/
1
13/
U./
15/
l^/
*
59
44
45
6
68
160
161
28
86
13.'
6
93
ao
23
21
Ill
325
16
12
100
101
110
118
94
14
11
89
437
74
11
79
48
13
6
163
349
85
12
129
154
15
112
7
7
6
7
1
4
1
9
-7
74
1
18
2
-24
1
9
1
9
1
-19
-12
1
97
5
8
85
document, released January 25, 1965.
Consists of miscellaneous taxes (principally the tonnage tax on foreign
vessels entering U. S. ports), bullion charges, gifts and contributions,
and undistributed proceeds, sale of foreign currency.
(Continued)
Amounts are appropriated to the Railroad Retirement Account equal to
the amount of taxes under the Railroad Retirement Tax Act deposited
in the Treasury, less refunds, during each fiscal year (65 Stat. 222
and 66 Stat. 371) and transfers are made currently.
The Employment Security Act of I960, approved September 13, I960 (4.2
U.S.C. 1101), established in the Unemployment Trust Fund, an administration account, and appropriated for credit to that account, beginning with fiscal 1961, amounts equivalent to taxes collected and
The tax receipts
deposited under the Federal Unen^loyment Tax Act.
are transferred currently on the basis of estimates by the Secretary
From that
of the Treasury, with later adjustments as necessary.
account is to be paid the administrative expenses of the employment
security program.
Previously the corresponding amounts were included,
respectively, in budget receipts and budget expenditures.
The Highway Revenue Act of 1956, as amended, (23 U.S.C. 120, note)
established a Highway Trust Fund from which are to be made, as
provided by appropriation acts. Federal-aid highw^ expenditures
The act approafter June 30, 1956, and before October 1, 1972.
priated to this fund amounts equivalent to specified percentages of
receipts from certain excise taxes on motor fuels, motor vehicles,
tires and tubes, and use of certain vehicles, and provided that
the amounts appropriated shotild be transferred currently to the
trust fund on the basis of estimates by the Secretary of the Treasury
with proper adjustments to be made in subsequent transfers. Before
fiscal 1957 corresponding excise tax receipts were included in net
budget receipts and Federal-aid highway expenditures were included
in budget expenditures.
These transactions are included in the
For content, see Table A.
detail of both budget receipts and expenditures but are deducted
from the totals (see Reporting Bases, p. II).
Less than $500,000.
Treasury Bulletin
AIMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES
'55
'57
'59
Source Internal Revenue Service collection reports. For explanation of difference in reporting basis from budget receipts through 1954, see the Treasury Bulletin
for July 1962. p. 80 and the Annual Report of the Secretary of the Treasury for 1962 p 599.
^Beginning with the fiscal year 1955, includes undistriouted depositary receipts
taxes is included under "Other excise taxes"
Office of
the Secretary of
tfie
Treasury
and unapplied collections. The whole amount of such receipts for
excise
.. ..
,
Jane 1965
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 3.- Expenditures Dy Agencies
(In mi]lions of dollars)
Defense Department
Legislative
Branch
Fiscal year
or month
97
99
118
126
44
47
1961
1962
1963
1964
134
153
147
152
1965 (Est.)...
1966 (Est.)...
August...
September
October.
November,
December.
1965- January.
February.
March
April
May
F.
1965
to date
of the
President
1957
1958
1959
1960
196<;-July
Executive
Office
Judiciary
Funds
appropriated
to the
President
Agriculture
Department
Commerce
Dep art-
Military
Civil
functions
Health,
Education,
and
Welfare
Department
Interior
Departiient
Justice
Department
10
11
56
56
4,115
4,081
4,109
1,764 1/
5,006
4,875
7,091
5,419
562 2/
645
382
539
38,439
39,062
41,233
42,824
639
733
807
902
2,295
2,645
3,092
3,403
572
666
751
690
214
229
250
258
52
57
62
65
70
29
1,808
2,053
3,968
4,119
5,929
6,669
7,735
7,897
498
44,677
48,205
48,252
49,760
971
999
1,128
1,153
3,685
4,215
4,909
5,498
SOI
908
1,029
1,124
234
294
317
328
179
193
75
87
26
4,432
4,869
6,858
6,357
764
48,100
47,900
1,269
1,337
5,770
7,776
1,225
1,174
11
12
19
5
2
6
2
19o
330
247
1,068
979
91
54
42
3,238
3,512
3,907
92
104
689
457
468
493
870
546
87
49
51
122
107
111
482
417
744
3,936
3,726
4,174
3,691
3,575
4,183
77
39
49
23
23
29
5
2
13
12
7
2
5
2
9
7
4
253
326
291
U
5
454
5
6
23
305
11
214
322
594
676
686
810
120
Depart'
ment 1/
418
567
1,016
State
Department
518
674
774
525
179
206
272
247
831 4/
620
257
370
914
797
770
578
258
307
408
347
367
377
495
565
718
714
388
416
115
112
137
36
28
27
70
74
73
32
73
95
33
29
28
38
40
53
74
23
509
114
91
108
67
31
495
482
78
29
82
35
85
26
-156
102
31
99
14
6
2
299
524
73
73
45
89
3U
16
2
20
9
6
3
313
494
477
309
69
49
4,063
3,848
102
95
541
547
149
68
22
3,295
6,982
681
41,851
1,097
5,205
79
Post
Office
Labor
Department
549
59
45
42
34
33
29
52
44
22
30
27
28
-3
53
33
86
19
327
433
676
350
Y.
1,108
Treasury Department
Atomic
Energy
Interest
Fiscal year
or month
On
public
debt
y
On
refunds
of taxes
Other
57
748
765
2,178 12^
875
1,990
2,268
2,541
2,623
987
985
1,059
1,193
1957.
1958.
1959.
1960.
7,244
7,607
7,593
9,180
1961.
1962.
1963.
1964.
8,957
9,120
9,895
10,666
68
74
1965 (Est.)
1966 (Est.)
11,200
11,500
75
82
957
913
927
6
CCE-
mlasion
Federal
Aviation
Agency
2/
General
Services
Administration
Housing
and
Home
Finance
Agency
National
Aeronautics
and Space
Adm.
Less:
Veterans'
Administration
0/
Other
independent
agencies
District
of
Columbia
2/
Total by
agencies
911 11/
940
956
224
26
25
31
28
69,433
71,936
80,697
77,233
467
50
654
633
w
Ul
359
-23
199
1,152
508
408
309
145
401
2,713
2,806
2,758
2,765
638
698
726
751
387
744
1,257
2,552
4,171
5,401
5,392
5,173
5,478
794
937
293
72
66
593
502
739
410
328
159
57
82,169
88,419
93,155
98,348
1,277
1,280
2,700
2,530
781
750
617
614
176
454
4,900
5,100
5,376
4,649
368
113
76
103
100, 287
261
100
63
39
162
441
478
487
23
8
46
334
385
386
79
228
225
67
66
66
49
9
99
95
88
923
917
955
10
141
65
81
77
39
57
-135
-136
173
387
95
117
238
207
230
42
6
466
364
494
1965-January...
February.
March
966
933
961
7
5
April.
May...
948
955
6
10,357
1964- July
August. .
September.
.
October.
November.
December.
.
F.Y. 1965
to date.
Source:
74
69
76
83
7
7
570
425
U5
466
406
435
4,805
5,098
5,232
5,250
213
61
71
-22
407
56
42
98
191
219
59
63
14
38
423
461
448
477
458
199
184
61
63
50
450
48
-23
34
529
5
111
129
433
71
1,175
2,395
721
571
244
4,586
3
100
102
Actual figures are from the monthly statement of receipts and
expenditures of the Government (for explanation of reporting bases,
see page II); estimates, including effect of proposed legislation,
are from the 1966 Budget document released Janiiary 25, 1965.
Note:
Figures in this table are for agencies as constituted at the time
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 1957, Alaska Road
Construction from "Interior Department" to "Commerce Department," and
Federal intermediate credit banks and production credit corporations
as indicated in footnote 11; beginning 1958, Federal Facilities Corporation (remaining functions) from "Treasury Department" to "General
Services Administration," and Informational Media Guaranty Fund from
"Funds appropriated to the President" to "Independent agencies;"
beginning 1959, Federal Civil Defense Administration from "Independent
agencies" to "Executive Office of the President," Civil Aeronautics
Board from "Commerce Department" to "Independent agencies," Civil
interfund
transactions
567
355
694
513
664
98,31412/ 833
iy
Total
budget
expenditures
68,966
71,369
80,342
76,539
81,515
87,787
92,642
97,684
97,48112/
600
99,687
477
-6
7,887
8,167
8,456
7,410
8,083
8,450
10
65
1
8,339
7,060
8,789
60
16
96
167
130
-337
74
56
84
6
9
19
ly
8,329
7,051
8,770
7,753
77
7,676
7,186
8,141
40
7,146
8,139
-11
U9
197
241
24
8,277
8,208
92
8,268
8,116
5,0U
827
58
88,262
825
87,437
Aeronautics Administration from "Commerce Department" and Airways
Modernization Board from "Independent agencies" to the "Federal
Aviation Agency," National Advisory Commission for Aeronautics from
"Independent agencies" to "National Aeronautics and Space Administration;" from fiscal I960 through November 1962, and from December 1963,
through March 196i, military assistance from "Funds appropriated to
the President" to "Defense Department, military," beginning 1962,
subscriptions to international institutions from "Treasury Department"
to "Funds appropriated to the President," and from November 1964. through
February 1965, "Office of Economic Opportunity" from "Executive Office of
the President" to "Funds appropriated to the President."
1/ Consists of net expenditures of the Postal Fund, reflecting the change
in classification of Post Office transactions to a public enterprise
revolving fund basis, and beginning fiscal I960, payment for public
services.
2/ Beginning 1957, Federal aid for highways is excluded from budget expenditures and included in trust account expenditures (see Table 1).
2/ Adjusted for reclassification.
Remaining footnotes on following page.
..
Treasury Bulletin
ADMINISTRATIVE BUDGET RECEIPTS 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
Total
interest
Commodity
Credit
Corp.
ExportImport
Bank of
Washington 2/
Housing
and
Home
Finance
Agency
1/
TennesPanama
Canal
Company
6
1
11
3
467
456
567
355
557
342
682
340
421
181
465
46
90
1961
1962
1963
1964
654
633
410
330
186
199
43
34
118
146
160
152
9
9
10
664
640
620
499
648
1965 (Est.)
1966 (Est.)
833
600
816
582
431
310
14
11
140
134
11
12
196-l-July
477
84
6
477
429
46
84
»
26
6
3
i:
5
9
19
9
19
77
40
73
40
2
2
92
4
92
825
811
694
513
August
September.
.
October
November, . ,
December ....
1965-January
February,
March
.
,
April
May
F.Y.
1965 to date
31
47
45
41
39
57
51
1
see
Valley
Authority
1957
1958
1959
1960
24
Small
Business
Admin.
7
7
11
15
14
20
27
Veterans'
Administration
Under
Defense
Production
Act
y
A/
10
14
19
23
32
40
47
49
24
30
42
35
3
10
4
9
12
11
4
7
6
8
8
16
18
22
6
154
126
38
37
26
31
15
12
31
Other
15
26
35
Charges
for
audits
of
various
agencies
13
12
U
15
17
18
1
1
3
11
2
«
69
21
19
1
4
*
455
Reimbursement by
Panama
Canal
Company
2/
10
92
146
Source:
See Table 1,
1/ By Government agencies operated as revolving funds; on loans (see "Debt
Outstanding," Table 6) and other interest-bearing U, S, investments.
Excludes transactions under Defense Production Act,
Office of the Administrator for college
3/ Consists of payments by:
housing, iirban renewal, prefabricated housing loans for 1955, and public facility loans beginning 1957; Federal National Mortgage Association;
and Public Housing Administration.
Direct loan program.
By various agencies for programs under the Defense Production Act.
Consists of payments by the:
Colorado River Dam Fund, Boulder Canyon
31
7/
36
105
16
U
project; Virgin Islands Corporation; Bureau of Federal Credit Unions;
Agricultural
Civil Defense Program Fund; Farmers' Home Administration;
Credit Insurance Fund (formerly the Farm Tenant Mortgage Insurance Fund),
and the direct loan account, both established pursuant to Title III of
the Agricultural Act of 1961, approved August 8, 1961; Informational Media Guaranty Fund beginning 1959; Federal Ship Mortgage Insurance
Fund beginning I960; and St. Lawrence Seaway Development Corporation
beginning I960.
For net cost of Canal Zone Government, less tolls on Government
vessels, and for part of treaty payment for use of Canal Zone,
Less than $500,000.
Footnotep to Table 3.- (Continued)
4/
ij
2/
8/
2/
10/
Beginning with fiscal 1961, administrative expenses of the en^jloyment security program are handled as trust account expenditures rather
than budget expenditures, pursuant to the En^loyment Security Act of I960,
approved September 13, I960 (42 U.S.C. 1101); see Table 1, footnote I4..
Reported on an accrual basis effective June 30, 1955.
Includes Reconstruction Finance Corporation except beginning July 1,
1954j certain functions transferred: Under Reorganization Plan No. 2
of 1954 (15 U.S.C. 609, note) to the Export-Import Bank, the Federal
National Mortgage Association, and the Small Business Administration;
and under Executive Order 10539* as amended, (15 U.S.C. 603, note)
The corporation was abolished
to the General Services Administration.
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,
Established pursuant to the Federal Aviation Act of 1958 (4.9 U.S.C.
1341 (a)), approved August 23, 1958.
Established pursuant to the National Aeronautics and Space Act of
1958 (42 U.S.C. 2472 (a)), approved July 29, 1958.
Consists of Federal payment and loans and advances.
For content, see Table 4, These transactions are included in the
detail of both budget receipts and budget expenditures, but are deducted
11 /
12/
13 /
from the totals (see Reporting Bases, p, II).
Effective January 1, 1957, the production credit corporations were
merged in the Federal Intermediate credit banks, pursuant to the Farm
Credit Act of 1956, approved July 26, 1956 (12 U.S.C. 1027), and operations of the merged agencies (as mixed- owner ship corporations) were
classified as trust enterprise funds from January 1, 1957, until
January 1959 when they were classified as Government-sponsored
enterprises (see "Trust and Other Transactions," Table 3); previously
the operations of the banks and the corporations, respectively,
were classified as public enterprise funds and were included net in
budget expenditures.
Includes $1,375 million paid to the International Monetary Fund for
the additional United States subscription, authorized by an act approved June 17, 1959, consisting of $344 million in gold (see
"Monetary Statistics," Table 3) and $1,031 million in special notes.
The special notes of the United States issued to international institutions are nnnnegotiable and noninterest-bearing and are payable on
demand.
See also "Consolidated Cash Trasactions," Table 2 and "Debt
Outstanding," Table 1.
Totals include allowances in I965 and 1966, respectively, of $3 million
and $107 million for Appalachia; and $100 million and $400 million for
*
contingencies,
Less than $500,000.
Jane 1965
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 5.- Summary of Appropriations and Authorizations, Expenditures and Balances, by Agencies,
as of April 30, 1965
(In millions of dollars;
negative figures
aru-
deductions in the columns in which they appear)
Additions, fiscal year 1965 to date
Agency
Unexpended
balances
brought forward
July 1, 196i
1/ 2/
Legislative Branch
The Judiciary
Executive Office of the President
Funds appropriated to the President
Agriculture Department
Commerce Department
Defense Department:
Military
Increase
Appropriations
2/
75
A
i
15,113
A,66A
1,190
176
75
26
4,725
7,650
930
30,07/*
48,663
1,317
316
Civil
Undistributed foreign transactions
Health, Education, nnd Welfare Department
Interior Department
Justice Department
Labor Department
Post tiff ice 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
3,203
1,096
12,649
107
657
762
395
12,642
2,625
734
613
616
5,250
5,642
1,288
92
Total
L.9,06i
102,989
1
43
346
541
141
425
1,560
•51
692
n,3l6
,
585
Expenditures
Legislative Branch
The Judiciary
Executive Office of the President
Funds appropriated to the President
Agriculture Department
Commerce Department
Defense Department:
i tary
Civil
Mil
130
62
385
657
762
395
300
Certain interfund transactions
Total budget expenditures
1,049
^
Unexpended balances April 30, 1965
Undisbursed
appropriations
Unused authorizations to
expend from
debt receipts
^
Unfunded
contract
authorizations
Investments
held
9
4
10,99°
1,406
1,045
621
15
109
13
U
6,023
2,760
300
2,065
198
17,027
6,231
1,547
109
40,697
631
31
3,970
896
129
31
4,153
4,565
1
586
34
73
25
3,970
758
129
623
714
205
2,301
1,974
720
778
1,202
4,300
1,780
1,283
140
647
75,699
380
590
331
523
210
9
258
Total 2/
8/
11
10
40,588
120
8,678
3,496
951
143
1,120
399
10,870
623
714
205
2,301
1,974
720
773
14,327
4,300
2,322
13,280
UO
-3 g/
29,063
6,009
2,219
112,989
733
79,322
Source:
Bureau of Accounts.
Details for the current fiscal year to date
are shovm In Bureau of Accounts report "Budgetary Appropi-lations and
Other Authorizations, Expenditures and Unexpended Balances."
1/ Includes same categories as shown under Unexpended balances at end of
current period.
2/ Although not expended, a substantial portion of these amounts is obligated for payrolls, outstanding purchase orders and contracts for
equipment and supplies, and similar items.
2/ Includes reapproprlatlons.
Consists of authorization by law for Government-owned enterprises to
borrow (1) from the Treasury (to expend from public debt receipts), or
(2) from the public (to expend from corporate debt receipts).
Consists of new contract authorizations, established by law for the
^
104,626
150
1,002
-31
4,658
1,020
300
30,054
Deduct:
583
-7
38, Oil
Total
'
564
12,642
2,625
727
618
1,480
5,250
5,792
1,290
92
18
19
10,515
2,210
658
6,368
1,322
14
94
2,301
6,673
631
Undistributed foreign transactions
Health, Education, and Welfare Department
Interior Department
Justice Department
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
4,725
8,250
994
15
14
48,663
1,317
303
385
Rescissions,
cancellations,
and other
adjustments 7/
Transfers 6/
171
75
26
Deductions, fiscal year 1965 to date
Agency
Total
^
6,368
2,261
593
•
Authorizations
Other authorito expend from
zations
debt receipts ^/
6/
7/
8/
2/
current fiscal year, net of current appropriations to liquidate
either current or prior contract authorizations.
Consists of appropriation transfers between agencies.
Consists of transfers to, or restorations from (-), the surplus fundj
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 statement of receipts and expenditures of the
•
Less than $500,000.
Government.
Treasury Bulletin
8
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 6.- Expenditures and Balances by Functions
(Fiscal years;
in millions of dollars)
Jane 1965
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 6.- Expenditures and Balances by Functions
(Fiscal years;
-
(Continued)
in mil linns of dollars)
1965 through ftprll 1/
Function
code
number
Functions
Interest:
Interest on the public debt
Interest on refunds of receipts
Interest on uninvested funds
851
852
353
Total general government
1961
9,18
76
1962
1963
1964
Expenditures
Unexpended
balances
end of
period 2/
9,120
68
9,895
74
10,666
88
9,402
66
1,798
10
11
11
11
1
9,050
9,198
9,980
10,765
9,479
1,807
118
135
131
63
126
66
8,957
10
83
10
9,266
901
902
903
109
49
904
905
906
908
910
558
372
84
263
T^tal interest
General ^r^vernment :
Legislative functions
Judicial functions
Executive direction and management
Central fiscal operations
General property and records management
Central personnel management
Protective services and alien control
Other general government ,
I960
8
21
22
113
62
19
83
18
607
372
140
289
109
22
653
419
153
300
136
715
444
142
323
139
791
576
174
335
189
667
508
154
306
137
247
769
23
132
121
1,542
1,709
1,875
1,979
2,280
1,966
1,401
77,233
82,169
88,419
93,155
98,348
80,054
112,989
694
654
633
513
664
733
76,539
81,515
87,787
92,642
97,684
79,322
52
22
20
57
8
Undistributed
Total
Certain interfund transactions included
both expenditures and receipts
Less:
Budget expenditures {see table
3)
Expenditures for 1^6*^ ore from reports received from disbursing,
Source:
collecting, and administrative agencies of the Government, on the
monthly statement reporting basis (see page II).
They are classified
in accordance with classifications used in the 1966 Budget document.
Table 18, as nearly as can be done on an individual appropriation and
fund item basis.
Prior year figures are from the same source but have
been adjusted below the appropriation level in some instances by the
Bureau of the Budget for use in Table 18. Where current classifications
differ on this account, they are footnoted. Revolving fund transactions
are included net in the expenditures.
1/ For expenditures by major functions for fiscal 1965 through May 1965,
and fiscal 1964 through May 1964,
see "Note" below.
Details by functions are not available for publication in this issue but will appear
in the July 1965 Bulletin.
Although not expended,
s/ For description of items included, see Table 5.
substantial portions of these amounts are obligated for payrolls, outstanding purchase orders and contracts for equipment and supplies, and
similar items.
3/ Expenditures for 1965 include those for specified research projects applicable to function code 355.
These expenditures were made from
"Special Activities, Commodity Credit Corporation."
See footnote 3.
See footnote 6.
Expenditures for 1965 include those for assistance for elementary and
secondary education applicable to function code 701 and other aids to
education applicable to function code 704.
These expenditures were
made from "Defense Educational Activities, Office of Education."
Expenditures
for
1965 include those for veterans' nonservice-connected
2/
pensions applicable to function code 802 and other veterans' benefits
8/
These expenditures were
and services applicable to function code 805.
made from "Compensation and Pensions, Veterans' Administration."
See footnote 7.
Note:
Expenditures by major functions, see
Treasury Bulletin
10
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 7.- Detail of Excise Tax Receipts
(In thousands of dollars)
Fiscal year
Type of tax
,
n
Jane 1965
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 7.- Detail of Excise Tax Receipts
-
(Continuedl
(In thousands of dollars)
T
Fiscal year
First three quarters
of fiscal year
Third quarter
of fiscal year
Type of tax
1963
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
Transportation of persons 6/
Transportation of property (including coal)
Use of safe deposit boxes
Coconut and other vegetable oils processed 7/
Sugar
Diesel and special motor fuels
3/
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
Interest equalization
1964
1964
1965
(Jan. -Mar. 1964) (Jan. -Mar. 1965)
1965
1964
:
,
^
^
^
V
Total miscellaneous excise taxes
Total received with returns and from sale of stamps
Undistributed depositary receipts
Unapplied collections
Total excise taxes
^
3/
V
9,372
10,080
15,918
11,383
11,053
17,535
306,477
424,847
338,618
479,412
101,266
155,125
101,304
157,924
47,053
41,026
75,120
36,584
31,110
364,618
515,987
379,608
530,588
9
10
9
33
233,928
451
6,514
106,062
84,104
237
5,196
94,472
149
5,324
7
18
76,989
96,965
3,686
13,387
4,209
464
4,083
77,952
115,030
834
3,854
11,818
4,362
456
4,645
83,820
85,699
277
5,167
7,423
14
95,411
128,079
1,282
5,215
17,548
5,606
687
5,369
99,481
100,199
7
54
3
2
2
50
34
40
10,367
12
99,903
113,012
1,153
5,013
15,240
4,897
531
711
1
27,958
55
1,603
4
24,416
30
29,553
26
1,760
7
32,767
25,592
34,619
141
161
313
527
324
74
1,188
330
522
350
99
1,356
15,344
16,427
8
10
2,332
1.546.631
1.226.331
1.364.087
396.984
412,373
13,343,486
13,843,845
10,403,922
11,041,986
3,400,934
3,546,543
62,541
92,558
-56,098
-92,193
-94,204
14,114
3,710
13,828
14.711
10,402
13,157
1,186
13,409,737
13,950,232
10,362,536
10,960,195
3,319,888
3,561,843
1,619.656'
Internal Revenue Service reports.
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.
Full detail is published monthly by the Internal Revenue Service.
Taxes on issuance and transfers of capital stock and of corporate
securities (bonds, debentures, etc.), deeds of conveyance, and policies
issued by foreign insurers.
Tax on transfer of interest in silver bullion repealed, effective
June 5, 1963, (Public Law 88-36).
Collections reflect the provisions of the Highway Revenue Act of
Source:
1/
2/
53,411
40,565
33,300
57,137
42,789
39,794
71,097
^
6/
7/
B/
%/
•
1956, approved June 29, 1956 (23 U.S.C. 120 note).
Repealed effective August 1, 1958, by an act approved June 30, 1958
(26 U.S.C. 4292 note).
Repealed, effective November 16, 1962, except on air transportation
which was reduced to 5 percent.
Repealed effective August 31, 1963.
Excludes diesel fuel not for use in highway vehicles.
Amount of excise tax depositary receipts issued, less amount received
with returns and distributed by detailed class of tax.
Less than $500.
Treasury Bulletin
12
.TRUST AND OTHER TRANSACTIONS.
Table 1.- Summary of Trust and Other Transactions
(In millions of dollars)
.
..
. ...,
.
.
,
,
.
'
:
June 1965
13
.TRUST AND OTHER TRANSACTIONS.
Table 3.- Trust, Deposit Fund, and Government-Sponsored Enterprise Expenditures
(in millions of dollars; negative figures are excess of credits)
Trust and deposit funds
Fiscal year
or month
Federal Old-Age
and Survivors
Insurance Trust
Fund
Federal
Disability
Insurance
Trust Fund
Railroad
Retirement
Account
National
Service Life
Insurance
Fund
Unemployment
Trust
Fund
1,6U
682
730
778
1,136
3,148
3,054
2,736
515
544
562
582
1,3i1
1,124
1,135
1,112
1,139
4,734 2/
3,906
3,815
3,707
1,518
1,748
1,185
1,248
1,270
1,275
1,286
110
110
112
96
100
1,282
1,275
1,230
111
1965- January, .
February. .
March
1,290
1,308
1,320
April
May
1,322
1,323
U,182
6,665
1
8, Oil
181
9,380
11,073
361
561
1963
196i
11,752
13,270
1A,530
15,285
1,089
1,259
1965 (Est.)
1966 (Est.)
15,966
13,629
1957
1958
1959
I960
1961
1962
1964-July
August
September
October. .
November .
December.
.
.
.
.
.
Fiscal year 1965
to date
7/16
Other
trust 3/
(net)
966
1,512
2,613
2,945
707
626
747
585
94
96
79
72
955
1,063
1,183
1,326
2,620
2,784
3,017
3,645
3,336
3,345
563
439
69
63
1,442
1,626
4,101
3,875
42
6
178
235
217
210
37
32
32
6
117
118
118
405
426
28
-20
-12
441
-134
5
165
33
29
29
5
4
436
400
383
137
-16
-110
8
-4
15
114
13
9
-2
-19
17
17
5
5
280
5
116
122
116
104
191
17
119
103
95
308
296
429
34
36
5
6
119
125
269
216
252
122
104
279
32
5
124
211
27
122
100
212
30
5
124
229
-2
1,348
1,090
2,882
516
66
1,319
3,668
40
Government-sponsored
Total
trust and
deposit funds
Farm
Credit
Administration 5/
274
116
562
437
-124
-628
854
Federal
home loan
banks
enterprises
(net) 4/
Total
-104
-115
-124
-134
46
-627
1,292
484
12,947
15,335
19,655
22,120
697
835
1,208
1,055
205
-544
146
-567
23,546
24,577
26,365
27,549
396
374
483
468
-487
872
363
1,572
-148
-154
-183
-239
1,092
685
1,857
1965 (Est.)
1966 (Est.)
1,299
1,897
-47
30
29,479
33,099 8/
589
-250
150
-194
-212
1964- July
August. .
September
113
128
57
74
18
October. .
November ,
December.
134
105
102
1965- January. ,
February,
March
97
-176
460
-161
Less:
Interfund
transactions 6/
10
11
19,521
23,308
25,669
27,050
29,406
515
528
505
521
22,793
25,141
26,545
28,885
145
398
29,624
33,497
579
599
29,045
32,898 8/
246
188
4
10
2,286
9
2,191
2,565
1
3
-21
13
6
11
2,717
2,610
1,988
2,329
2,366
2,244.
37
-117
-14
-66
-38
364
-5
-10
-3
-33
-165
346
2,296
2,201
2,591
26
-148
-24
-75
2,474
2,284
2,127
-10
-217
-256
-90
-38
12
-151
-151
-29
-94
-4
2,218;
154
116
2,194
2,089
201
-112
2,333
162
469
-5
626
110
10
2,271
70
3
-14
952
-809
25,299
677
395
-178
4/
6/
7/
8/
12,938
15,325
21,212
165
-8
-95
Net trust
and other
expenditure
135
80
206
-9
-201
44
908
2,471
2,422
1,977
Source:
See Table 1
1/ Secondary market operations, as provided in the Housing Act of 1954,
approved August 2, 1954 (12 D.S.C. 1719). Funds provided by the
Treasury (-), or repaid to the Treasury, are shovn in a separate
column (and correspondingly are reflected net in budget expenditures).
2/ See Table 2, footnote 4.
Includes principally District of Colxanbia operating expenditures; Funds
appropriated to the President - military advances under foreign assistance programs and 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 through November 1958 (see Table 10, published q\iarterly)
the Employees' Life Insurance Fiind (net) and the Employees' Health
Benefits Fund (net) beginning 1961
,
182
Total
trust
and
other
expenditures
Federal
Deposit
Insurance
Corporation
1961.
1962.
1963.
1964.
^
7
251
-75
Fiscal year 1965
to date
66
-73
317
-730
-104
3
93
711
.
-42
42
924
102
176
946
41
120
118
119
12,901
15,962
18,363
21 ,636
-247
Other
operations
591
216
April,
May.
Financing
by Treasury
699
792
896
565 2/
915 2/
672 7/
.
Federal National
Mortgage Association 1/
8t
1957.
1958.
1959.
i960.
-31
-61
Highway
Trust
Fund
120
80
83
93
112
193
Deposit
funds
Federal
employees
retirement
funds
100
101
Trust and deposit
funds- (Continued)
Fiscal year
or month
Government
Life
Insurance
Fund
2,713
2,602
1,966
1
25
2,207
2,183
2,064
11
2,949
58
2,959
2,329
6
2,323
893
26,192
1U
26,048
Previously shovm as deposit funds (see Table 1, Note).
Includes banks for cooperatives. Federal intermediate credit banks,
and Federal land banks
For content see Table 6. These transactions are included in the
detail of both trust receipts and trust expenditlires, but are deducted
from the totals
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.
Total Includes $20 million for hospital Insurance for the aged.
..
'
Treasury Bulletin
l;
.TRUST AND OTHER TRANSACTIONS.
Table 4.- Investments In Publ'lc Debt and Agency Securities (Net)
(In millions of dollars; negative figiares are excess of sales)
Trust accoxints, etc.
Fiscal year
or month
Total 1/
Total
trust
accourits,
etc. 1/
1957
1958
1959
I960
2,339
597
-1,130
925
Federal
Old-Age and
Survivors
Insurance
Trust Fund
Federal
Disability
Insurance
Trust Fund
Railroad
Retirement
Account
Unemployment
Trust
Fund
36
-33
-35
264
274
-1,255
-1,011
-726
325
729
552
494
707
-225
285
-952
1
456
2,302
506
-1,232
760
220
-499
-1 ,290
-41
National
Service
Life
Insurance
Fund
95
76
62
Government
Life
Insurance
Fund
-16
-56
-17
Federal
employees
retirement
funds
803
Highway
Trust
Fund
-21
871
404
4I8
-393
-428
-35
-44
-25
-22
1,063
1,034
1,075
1,126
233
202
242
-69
671
958
301
-1 ,089
21
-78
-63
1,782
2,412
-821
1964
355
493
2,069
2,775
692
-129
-139
69
573
-44
44
-90
69
1965 (Est.)
1966 (Est.)
1,812
1,994
1,672
1,537
267
-1,096
-296
-338
101
670
617
106
225
-20
-15
1,212
1,109
-455
46
•1,205
-775
1,100
-72
37
-5
2
-87
659
-96
15
1,882
49
-1,258
1,837
76
-3
-5
-3
75
53
128
-133
-90
-1,066
608
-654
-880
266
-253
-93
-29
-78
-86
-19
-12
-59
245
10
-3
-4
55
55
.
-1,360
691
-550
.
-1,537
-1,612
1,294
-1,245
776
-105
1,353
292
-92
-23
14
-227
379
-286
-1,471
-818
2,227
-74
3,597
-1,362
3,737
120
-92
-7
1,741
1,856
481
-290
-408
1,082
1961
1962
1963
1964-Ju;iy
Augus t
September .
October. .
November .
December.
.
1965-January. .
February.
March
.
.
April
May
Fiscal year 1965
to date
255
7
-3
142
-87
-5
72
-81
9
6
6
7
-51
-160
Other
trust
accounts,
etc.
127 2/
-24 2/
-3 2/
4=;
27
93
301
70
48
586 2/
45
-43
165
67
-141
-35
122
-45
94
115
-15
17
-141
-15
5
-4
-5
65
46
67
36
93
19
-207
-3
71
81
45
844
-4
47
63
129
-51
729
-316
629
6
-64
1/
.. ,
...
.
.
June 1965
15
.TRUST AND OTHER TRANSACTIONS.
Table 5.- Sales and Redemptions of Government Agency Securities In Market (Net)
{
In millions of dollars;
negative figures are excess of sales)
Securities guaranteed by the United States
Fiscal year
or month
1957
1958
1959
I960
1961
1962
1963
Total 1/
-1,171
-iOO
-1,293
-1,746
-33
6
-10
-29
537
-100
-20i
-162
-206
-1,780
-1,022
-1,880
196ii
Total
guaranteed
Federal
Farm
Mortgage
Corporation
Federal
Housing
Administration
Securities not guaranteed by the United States
Trust
enterprise
fund
Public enterprise funds
Home
Owners'
Loan
Corporation
D.
Public enterprise funds
Total not
guaranteed
1/
C.
stadium
fund
-33
-<i06
-10
-28
-1,283
-1,717
-81
-19
-162
-206
316
316
-270
92
92
-9U
1964-July
August
September.
64
-373
108
-S
-27
-38
-8
-27
-38
73
-350
-67
-125
139
66
-13
66
-13
25
25
-133
-112
115
282
16
U5
U5
-29
-327
-27
-29
-27
April
May
-249
-458
62
62
51
51
-312
-509
Fiscal year 1965
to date
-994
207
207
-1,201
..
.
1965- January. .
February.
March
.
,
Owners'
Loan
Corporation
-233
6
638
-1,576
-360
-l,67i
-20/1
46
-822
,
Home
-1,137 2/
6
1965 (Est.)
1966 (Est.)
October, .
November.
December.
Federal
National
Mortgage
Association 2/
797
U6
137
45
-301
Securities not guaranteed by the United States - (Continued)
Fiscal year
or month
Public enterprise
funds - (Cont.)
Tennessee
Valley
Authority
1957.
1958.
1959.
I960.
Trust enterprise funds
Federal
Intermediate
credit
banks
^
-238
-225
58
Federal
National
Mortgage
Association ^/
-950
-115
-125
-99i
Government-sponsored enterprises
Banks
for
cooperatives
-554
-284
-340
-144
200
-750
-975
-1,431
-124
-132
-278
-182
-220
-192
-174
-248
-200
-207
-228
-300
-181
153
-L46
12
-80
-37
-130
8
1
38
72
178
62
-68
86
-359
1964..
-35
262
-52
-48
-29
-39
1965 (Est.)
1966 (Est.)
-AD
-75
-48
-178
-79
-52
«
2
. .
-40
126
»
October. .
November.
December,
-136
-39
-62
-48
1965- January. .
February. .
March
-122
-15
April.
May.
-35
-56
-104
-i5
-200
6
100
.
.
Fiscal year 1965
to date
-1
Source:
See Table 1.
1/ See Table 1, Note.
Management
2/
and liquidating functions.
2/ Total Includes Federal intermediate credit banks which were classified
as public enterprise funds prior to January 1, 1957, as trust enterprise
Federal
land
banks
-230
-95
-242
-250
-50
-95
196i-July
August.
September.
Federal
intermediate
credit
banks 4/
-46
-20
-86
-46
1961.
1962.
1963.
597
Federal
home
loan
banks
191
282
404
-225
1
248
«
-184
10
-41
-63
-72
-88
-117
18
-94
-300
-180
-283
-52
-4i2
16
-53
27
215
-129
«
«
funds January 1, 1957, to January 1, 1959, and as Government-sponsored
enterprises thereafter.
^/ See footnote 3.
^/ Secondary market operations,
*
Less than $500,000.
Treasury Btdletin
16
.TRUST AND OTHER TRANSACTIONS,
Table 6.- Interfund Transactions Excluded from Both
Net Trust Account Receipts and Net Trust Account Expenditures
Jane 1965
17
CONSOLIDATED CASH TRANSACTIONS
Consolidated cash transactions reported in the Treasury
both.
Noncash items representing the obligations of the
Bulletin are on a basis consistent with Federal receipts from
Government to make payments in the future also are eliminated
and payments to the public as derived in the Budget of the
from expenditures currently, but are added later when actual
United States (in the Budget for 1966 in Special Analysis A).
payments are made.
Shown also is the aacrjnt of net cash borrowing from, or repay-
accrued on the public debt and expenditures involving the
ment of borrowing to, the public.
Revisions of the figures for
These itans consist of certain interest
issuance of a few special public debt securities.
Checks
earlier years have been made where necessary to make them as
outstanding, deposits in transit, and other clearing accounts
nearly comparable with current Budget classifications as avail-
are excluded from payments.
able data will permit.
For this reason certain of the figures
differ somewhat from those published in previous Budget doocuments as well as in the Bulletin.
This series of cash transactions is designed to provide
information on the flow of money between the public and the
Federal Government as a whole, and therefore includes transactions not cleared through the account of the Treasurer of
Receipts from the exercise of
monetary authority are excluded as not representing cash
received from the public.
Federal cash borrowing from the
public includes 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
Receipts and payments include transactions
net effect of all these transactions with the public is re-
both in administrative budget accounts and in trust and deposit
flected in changes in the balance in the Treasurer's account
the United States.
fund accounts.
Major intragovemmental transactions which are
reported as both expenditures and receipts are excluded from
and in cash held outside the Treasury.
,
s
,
Treasury Bulletin
18
CONSOLIDATED CASH TRANSACTIONS
Table 1.- Summary of Federal Government Cash Transactions with the Public
(In tcilHons of dollars)
Federal receipts from the public
Administrative budget
receipts
Fiscal year
or month
(net)
Fiscal year:
1957
1958
1959
1960
1961
1962
1963
1964
Intragovernmental and
other
noncash
transactions
(See Table 2)
Trust
receipts
(net)
-4, 259
2,099
-1,580
-13,092
750
-2,300
-5,797
-4,012
-4,802
-4,331
-4,526
117,384
123,490
97,481
99,687
29,045
32,898
-5,134
-5,188
121,393
127,398
-4,009
-3,908
1,532
4,171
1,994
-274
-273
-327
4,745
10,552
11,739
7,410
8,083
8,450
2,713
2,602
1,966
95
611
-1,016
10,217
11,296
9,400
-5,472
-744
2,339
3,398
7,037
8,856
1,224
2,928
1,966
-278
-249
-566
4,3U
9,716
10,256
8,329
7,051
8,770
2,286
2,191
2,565
-298
156
-453
10,317
9,398
10,882
-5,973
318
-626
5,642
7,518
11,188
1,016
3,746
2,175
-272
-37
-298
6,387
11,227
13,065
7,676
7,146
-774
277
-637
9,109
9,606
9,566
-2,722
1,621
8,139
2,207
2,183
2,064
8,549
7,268
2,201
4,885
-257
-296
10,492
11,857
8,268
8,116
2,949
2,323
-741
128
10,476
10,567
1,290
79,668
27,838
-3,127
104,379
87,437
26,048
-2,651
110,834
-6,455
30,515
30,616
196/l-July
3,487
6,653
10,072
October
November
December
1965-January
February
March
Cash bc^rrowing from the public, or repayment (-)
Plus:
Change in securities held by the public
Public
debt increase, or
decrease (-)
Fiscal year:
1957
1958
1959
1960
1961
1962
1963
1964
Net sales
of Government agency
securities i
market 1/
Net investment
in securities by
Government
agencies 2/
Total
securities
held by
the public,
increase or
decrease (-)
-2,224
5,816
8,363
1,625
2,640
9,230
7,659
5,853
1,171
400
1,293
1,746
-537
1,780
1,022
1,880
-2,339
-597
1,130
-925
-855
-493
-2,069
-2,775
-3,392
1965 (Est.)
1966 (Est.)
4,691
5,693
-46
822
-1,812
-1,994
1964-July
August
September
-530
2,906
1,520
-64
378
-108
1,205
-1,882
26
2,851
-546
67
125
-139
1,360
-691
October
November
December
1965-January
Februmy
March
April
May
, .
Fiscal year 1965 to date.
public
80,006
83,472
94,752
94,328
99,542
107,662
113,751
120,332
91,200
94,400
Fiscal year
or month
to the
public
payments
-1,899
-3,222
-5,111
-3,423
-4,766
-5,266
-5,436
-6,237
1965 (Est.)
1966 '(Est.)
Fiscal year 1965 to date.
(net)
public
Trust fund
expenditures (net)
Equals:
Excess of
cash
receipts from,
or payments
to (-), the
Total
Federal
12,938
15,325
19,521
21,212
22,793
25,141
26,545
28,885
-2,758
-2,811
-3,025
-3,027
-4,001
-3,834
-4,326
May
Administrative budget
expenditures
Intragovernmental ^nd
other
noncash
transactions
(See Table 2)
68,966
71,369
80,342
76,539
81,515
87,787
92,642
97,684
14,301
16,153
16,769
20,342
23,583
24,290
27,689
30,331
April
Total
Federal
receipts
from the
82,105
81,892
81,660
95,078
97,242
101,865
109,739
115,530
70,562
63,550
67,915
77,763
77,659
81,i09
86,376
89,459
August
September
Federal payments to the public
Less:
42
1,900
-2,186
-282
-16
-1,140
-49
550
Noncash
debt
transactions
(See Table
Total
cash
2)
borrowing
from the
publ i c
or repayment (-)
Plus:
decrease (-)
Seigniorage
1/
Treasurer'
account
Cash held
outside
the
Treasury
Total
changes
in the
cash
balance
45
69
-956
4,159
-4,399
2,654
-1,311
3,736
1,686
-1,080
140
-23
-4
-222
118
-74
206
-952
4,299
-4,422
2,651
-1,533
3,854
1,611
-874
97
-2,036
-162
-2,197
3
-4,886
640
3,400
-10
-43
226
-4,896
5
-4,498
2,412
-809
-30
46
178
-4, 528
-1,550
2,197
1,289
25
-95
116
-1,525
2,101
1,405
-3,100
49
59
1,248
10,517
6,612
4,958
5,820
8,626
1,848
712
9,594
5,579
3,859
2,833
4,520
-1,119
-724
1,714
3,796
611
1,402
1,363
-38
-67
-82
572
1,335
1,281
7
1,453
2,285
-135
-16
-153
122
1,437
2,132
-13
9
9
1,297
-110
-60
13
292
200
16
Cash balances,
Equals:
net increase, or
-2,160
-597
-536
-923
-1,033
-1,099
5,619
10,785
2,446
3,499
44
53
55
58
5
112
7
597
3,626
2,459
-630
327
1,537
-1,353
-292
-2,151
43
1,187
471
-2,108
249
1,471
530
-57
523
13
105
447
552
2,661
458
-3,597
-478
151
-327
12
1,480
-504
975
7,505
994
-1,741
6,758
-267
6,491
99
-220
355
135
Source:
Actual figures are based on the monthly statement of receipts
and expenditures of the Government and the daily Treasury statement
(for explanation of reporting bases, see page II); estimates, including effect of proposed legislation are from the 1966 Budget document
released on January 25, 1965.
1/ See "Trust and Other Transactions", Table 5, for net sales and
531
2/
^/
10
11
redemptions of Government agency securities in market.
See "Trust and Other Transactions", Table 4, for net Investments in
public debt and agency securities.
Includes increment resulting from reduction in the weight of the gold
dollar; excluded from receipts from the public but included in cash
deposits in the Treasurer' s account.
....
.
.
Jane 1965
19
CONSOLIDATED CASH TRANSACTIONS
Table 2.- Intragovernmental and Other Noncash Transact lonp
(In millions of dollars)
Intragovernmental transactions excluded from both receipts and payments
Noncash
debt
trans-
Civil service retirement 1/
Fiscal year
or month
Interest
on trust
fund
investments
Fiscal year:
1957
1958
1959
I960
1961
1962
1963
1964
1965 (Est.)
1966 (Est.)
Payroll
deductions
for em-
Federal
payments
to District
of Coliimbia
Enployers'
share
ployees
66
641
•VO
744
744
7U
744.
5/.
838
845
914
973
833
845
74
102
88
83
1,318
1,342
1,315
1,327
1,404
1,423
1,467
1,603
1,735
1,855
1,035
1,034
1,035
1,034
111
6
54
11
89
79
89
79
24
525
579
153
133
103
105
792
37
75
9U
973
Other 2/
2,758
2,811
3,025
3,027
898
559
45
69
3,834
4,326
4,259
318
342
4,234
4,414
97
112
4,331
4,526
270
267
320
3
7
274
273
327
271
240
557
9
9
94
94
-1
October
November
December
41
57
335
84
84
13
49
81
2
20
93
81
93
1965- January
February
17
50
89
89
76
9
ments
relating
to receipts
49
62
47
120
1964-July
August
September
action.!
Total
Total
receipts
adjust-
2,709
2,751
2,980
2,975
3,945
3,776
4,281
4,190
V
561
U9
Seigniorage
4
33
19
4
48
-178
59
44
53
4,001
55
58
5
278
249
566
7
10
13
272
37
298
257
296
March
11
76
95
95
4
30
262
27
285
April
42
93
93
-3
23
2U
55
80
80
26
42
284
13
12
679
953
953
95
347
3,027
99
3,127
Checks
outstanding
and
certain
other
accounts ^/
Total
payments
adjustments
-557
576
-105
-281
279
543
-64
910
1,899
3,222
5,111
3,423
4,766
5,266
5,436
6,237
-219
5,134
5,188
May.
Fiscal year 1965 to date.
11
Noncash debt ,trans£::tions relating to payments
Intragovernmental
transactions
(See
above)
Fiscal year
or month
Fiscal year:
1957
1958
1959
1960
1961
1962
1963
1964
2,709
2,751
2,980
2,975
3,945
3,776
4,281
4,190
1965 (Est.)
1966 (Est.)
October. .
November.
December.
271
240
557
21
41
1965-January.
February.
262
27
73
38
5/
59
80
Adjusted
service
and
armed
forces leave
bonds 7/
United
Nations
funds
bonds
2/
InterAmerican
Development
Bank
7/
International
Development
Association
7/
52
-131
418
205
-209
119
263
46
22
Monetary
Fund 7/
-674
-450
1,361
-292
-200
2,1&J
597
536
923
1,033
1,099
285
April.
May...
244
284
35
49
3,027
506
39
93
76
132
6
18
186
38
66
42
-37
-60
-5
-126
250
300
1,119
724
-14
38
67
82
-627
524
90
-95
-611
1,016
-31
-9
-202
16
153
-122
398
-586
83
-387
37
-66
298
-156
453
110
60
-43
520
-561
-113
524
-123
774
-277
637
57
-151
403
-500
36
240
-128
267
728
-1,372
2,651
-3
16
-1
58
-21
44
22
17
Accrued
interest
on the
public
debt 8/
14
13
-21
March
noncash
debt
transactions
relating to
payments
55
70
25
58
58
-20
37
24
29
Tot.il
International
259
258
171
255
117
U5
833 10/
648 10/
63
43
Fiscal year 1965
to date
4/
336
385
333
136
430
496
577
611
270
267
320
.
securities
(net) 6/
y
4,4U
.
2/
(net)
4,234
1964- July
August. .
September.
1/
2/
Interest
increment
on savings
and retirement plan
bonds
3
11
-3
203
14
Beginning with fiscal 1958 excludes District of Columbia.
Includes mainly, general fund advances to trust funds (net), dividends
and interest paid to the Treasury by trust enterprise funds, administrative expenses of the Federal Old-Age and Survivors and Federal
Disability insurance trust funds, and the Federal contribution to the
Civil Service Retirement FunJ.
Includes increment resulting from reduction in the weight of the gold
dollar; excluded from receipts from the public but included in cash
deposits in the Treasurer's account.
Beginning fiscal 1961 Includes temporary extended unemployment compensation payments
Accrued interest on the bonds, i. e. the difference between the purchase
-6
-200
16
6/
2/
8/
2/
10/
*
-472
50
551
-954
-319
198
7a
price and the current redemption value less interest paid on bonds redeemed.
Discount on securities at time of issuance less interest paid at time
redeemed.
Treated as noncash expenditures at the time of issuance of the seciirities and as cash expenditures at the time of their redemption;
net issuance, or redemptions (-)
Net increase, or decrease (-), in accrued liability.
Net Increase, or decrease (-), in checks outstanding, deposits in
transit, and other accounts.
Not shown separately in the Budget document.
Less than #500,000.
..
Treasury Bulletin
20
ACCOUNT OF THE TREASURER OF
Tfffi
UNITED STATES
,
Source and Availability of the Balance In the Treasurer's Account
the same bank.
The account of the Treasurer of the United States reflects not only budget receipts and expenditures but also
trust,
On occasions, to the extent authorized by the
Treasury, banks are permitted to deposit In these accounts
proceeds from subscriptions to public debt securities entered
deposit fund, and public debt transactions.
for their own account as well as for the account of their
customers.
The working cash of the Treasury Is held mainly In
Treasurer's accounts with Federal Reserve Banks and branches.
they are
The tax and loan account system permits the Treasury
restored by calling In (transferring) funds from the tax and
to leave funds In banks and In the communities In which they
accounts with thousands of commercial banks throughout
arise until such time as the Treasury needs the funds for Its
As the balances In these accounts become depleted,
loaji
operations.
the country.
Deposits to tax and loan accounts occur In the normal
course of business under a uniform procedure applicable to
all banks whereby customers of banks deposit with them tax
In most cases the transaction Involves merely the transfer of
ft^jm a
and the economy.
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 275-28U.
payments and funds for the purchase of Government securities.
money
In this way the Treasury Is able to neutralize
the effect of Its fluctuating operations on bank reserves
customer's account to the tax and loan account In
Table 1.- Status of the Account of the Treasurer of the United States
{In millions of dollars)
Treasury operating balance
End of
fiscal
year or
month
In Federal
Available
funds in
Federal
Reserve
Banks
1957
1958
1959
1960
498
410
1961
1962
1963
1964
Total
operating
balance
179
147
136
145
64
9,548
11,251
10,238
222
303
342
234
120
6,622
133
173
183
4,505
5,085
8,339
118
113
117
5,408
6,137
9,389
185
175
192
42
179
122
195
4,155
6,182
5,377
121
139
157
4,963
7,295
6,354
231
280
16
361
58
3,612
5,800
7,271
124
4,650
6,909
8,253
408
452
492
82
54
270
206
167
6,934
8,822
111
7,990
9,810
507
527
4
34
478
173
403
612
806
939
5,453
8,815
10,324
9,180
109
121
120
120
5,621
785
939
933
.
687
.
974
.
820
914
988
867
944
875
etc.
Reserve
Banks in
process of
collection
302
287
273
337
535
504
1965- January. .
February.
March
Unclassified
collections,
37
49
63
53
9,030
4,380
7,068
.
Silver,
coin, and
currency
190
259
306
253
489
401
101
106
1964- July
August, .
September.
April
May
Gold in
Treasury
4,082
8,218
3,744
6,458
1963-December.
October.
November
December
Tax and loan
accounts in
special
depositaries
121
114
112
5,069
5,969
70
74 2/
58
41
62
71
57
187
154
227
Total
In other
depositaries assets
440
365
429
375
Liabilities
1/
Balance in
account of
Treasurer
of U. S.
,
Jane 1965
21
ACCOUNT OF THE TREASURER OF THE UNITED STATES
.
Table 2.- Analyeie of Changes In Tax and Loan Account Balances
(In millions of dollars)
Credits
Proceeds from sales of securities 1/
Fiscal year
or month
Savings
bonds
1957
1958
1959
I960
2,976
2,82i
2,668
2,679
1961
1962
1963
1964
2,737
2,725
2,699
2,760
Retirement
plan
bonds 2/
Tax
anticipation
securities
5,04.3
2,922
7,581
7,784
7,613
5,898
2,963
During period
Taxes
Income (by
special
arrangement) 4^
Withheld
and
excise 2/
Total
credits
1,161
1,531
2,535
1,577
4,151
4,457
5,970
2,428
4,082
9,155
5,899
8,519
3,732
4,411
2,742
6,165
5,109
5,529
7,707
6,329
6,076
3,320
3,339
2,221
4,739
4,639
4,438
3,612
5,800
7,271
5,514
5,822
7,960
1,844
3,447
3,111
4,473
6,934
8,322
6,934
9,272
3,368
6,901
4,826
3,183
56,857
53,076
56,085
59,421
4,449
1,748
6,392
4,792
5,621
1,546
4,875
3,911
63
1,344
5,094
8,134
6,519
4,514
4,880
4,505
5,085
8,339
2,250
5,421
5,894
6,434
3,394
6,699
4,155
6,182
5,377
4,198
3,119
5,444
4,082
4,218
34,511
37,519
41,267
43,580
475
October,
November,
December,
210
198
217
740
735
1,196
4,488
3,816
1965-January.
February.
March, .
21U
219
238
865
1,259
5,088
4,640
2,038
2,433
5,307
6,915
April
May
220
196
1,503
5,498
2,022
412
3,745
6,106
105
1,860
35
Source:
2/
7,653
8,889
10,324
10,257
55,842
56,438
57,595
58,277
1,788
3,774
3,830
2,014
55,0U
235
219
20i
1/
5,453
8,815
10,324
9,180
9,142
6,521
6,835
9,921
45,448
Office of Fiscal Assistant Secretary; figures are on basis of
telegraphic reports.
Special depositaries are permitted to make payment in the form of a
deposit credit for the purchase price of U.S, Government securities
purchased by them for their own account, or for the account of their
customers who enter subscriptions through them, when this method of
payment is permitted under the terms of the circulars inviting subscriptions to the issues.
Retirement plan bonds first offered for sale as of January 1, 1963,
Taxes eligible for credit consist of those deposited by taxpayers in
the depositary banks, as follows:
Withheld income tax beginning
2,987
3,246
3,633
4,103
58,520
57,496
4,152
7,903
5,919
6,053
221
,
6,458
813
1,078
912
1,390
4,082
8,218
26,709
27,881
29,190
33,059
4,019
4/
»
Average
6,078
8,869
8,055
6,453
46,000
50,908
62,994
54,782
6,568
13,513
13,164
7,920
196i-July
August
September
.
End of
period
High
1963- December.
. ,
Withdrawals
3,7U
5,325
4,747
3,450
5,599
March 19'i8; taxes on employers and enployees vmder the Federal Insurance Contributions Act beginning January 1950, and under the Railroad
Retirement Tax Act beginning July 1951; and a number of excise taxes
beginning July 1953.
Under a special procedure begun in March 1951 authorization may be
given for income tax payments, or a portion of them, made by checks
of $10,000 or more drawn on a special depositary bank, to be credited
This procedure is followed
to the tax and loan account in that bank.
during some of the periods of heavy tax payments,
Less than $500,000.
»
...
Treasury Bulletin
22
'ACCOUNT OF THE TREASURER OF THE UNITED STATES
Table 3.- Summary of Cash Transactions through the Account of the Treasurer
of the United States
(In millions of dollars)
Net cash transactions other than borrowing
Deposits and withdrawals (budget,
trust, and other accounts)
Period
Cash
deposits
Fiscal year:
1957
1958
1959
1960
Cash withdrawals 1/
Excess of deposits,
or withdrawals (-)
81,875
82,09i
81,612
94,862
77,279
85,015
93,736
93,817
4,596
-2,921
-12,124
1,044
96,897
105,911
114,454
121,581
97,774
112,188
118,477
124,066
-877
-6, 278
-4,023
-2,485
4,858
11,951
11,614
10,445
11,742
9,727
-5,587
208
1,887
October,
November.
December.
4,579
10,816
9,936
10,513
10,934
9,557
-5,934
-118
1965- January.
February.
March
6,570
12,689
9,702
11,095
9,987
-3,132
1,594
3,507
1961
1962
1963
196/1
1964- July
August ....
September.
.
.
,
13,494
379
April
10 , 264
May
13,675
9,530
12,388
733
1,287
110,446
115,621
-5,175
F.Y. 1965 to date.
Clearing
accounts
2/
-1,904
1,827
-306
309
Total net
transactions
Net cash borrowPlus:
ing, ir repayment of
borrowing (-)
Equals:
Treasurer's
account balance, increase, or decrease {-)
.. .
.
,.
,
.
.
Jane 1965
23
DEBT OUTSTANDING
Table 1.- Summary of Federal Securities
(In millions of dollars)
Total outstanding
Matured debt and debt bearing no interest
Interest-oearing debt
Public debt
End of
fiscal
year or
month
Public
debt 2/
Total 1/
Guaranteed
securities
Public
debt
Guaranteed
securi-
Special notes to - ^/
Total
ties
yv
y
InterMatured national
Total
Monetary
Fund
1957.
1958.
1959.
I960.
270,634
21b, LM.
28^,317
286,471
270,527
276,343
284,706
286,331
107
101
111
140
268, 592
274,798
281,944
283,380
268,486
274,698
281,833
283,241
106
101
110
139
2,042
1,646
2,873
3,090
2,042
1,646
2,873
3,090
1961.
1962.
1963.
196i.
289,211
298,645
306,466
312,526
288,971
298,201
305,860
311,713
240
285,911
294,886
302,559
308,169
285,672
294,442
301,954
307,357
240
444
607
813
444
605
812
3,300
3,759
3,907
4,357
3,299
3,759
3,906
4,356
310
295
2,496
2,667
2,922
3,289
1963-Deceraber.
310,089
309,347
742
305,955
305,213
741
4,134
4,133
349
196/1- July
311,183
314,089
315,610
821
848
307,675
310,472
312,007
306,855
309,625
311,122
820
847
385
4,330
4,465
4,488
4,328
4,464
4,487
273
August. . .
September.
312,004
314,938
316,496
October, .
November.
December.
316,456
319,320
318,750
315,635
318,486
317,940
821
834
809
312,037
314,856
314,362
311,217
314,023
313,553
820
833
808
4,419
4,464
4,388
318,646
320,575
318,416
317,983
319,883
317,697
664
693
719
314,336
316,235
314,049
313,677
315,545
313,332
659
690
717
317,213
319,823
316,557
319,218
657
606
312,864
3H,770
312,209
314,166
655
604
.
1965-January,
February.
March. .
.
April
May...
Source: Daily Treasury statement,
For amounts
1/ Includes certain debt not subject to statutory limitation.
subject to limitation, see page 1.
2/ Includes debt incurred for advances to certain wholly owned Government
agencies in exchange for which their securities were issued to the
Treasury (see Table 6).
Held outside the Treasury.
Consists of Federal Housing Administration debentures, and also D. C.
y
u
International
Development
Association
InterAmerican
Development Bank
1,068
618
1,979
2,238
529
597
476
445
Other
6/
55
125
150
396
484
420
480
3,036
164
125
459
425
298
3,289
3,275
3,425
142
142
142
150
150
150
474
472
472
4,418
4,463
4,387
263
316
337
3,394
3,385
3,308
142
200
179
150
150
150
469
412
413
4,311
4,340
4,367
4,306
4,337
4,364
262
294
272
3,303
3,303
3,373
179
179
159
150
150
150
412
411
411
4,349
5,053
4,347
5,052
250
1,158 7/
3,367
3,167
159
159
150
150
422
418
y
y
y
y
444
430
417
407
115
129
142
349
438
Guaranteed
securities
( matured)
58
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-American
Development Bank In payroent of part c-f the U. S, subscription to each.
For current month detail, see "Statutory Debt Limiation," Table 2.
Includes $909 million in Treasury bills which matured May 31, 1965
but for which settlement will not be made before June 1, 1965.
Table 2.- Computed Interest Charge and Computed Interest Rate on Federal Securities
(
D-^llar
amounts in millions)
Total interest-bearing securities
End of
fiscal year
or month
Amount
outstanding
Public debt
and guaranteed securities 1/
Public
debt
Computed annual interest rate
Computed annual
interest charge
Public debt
Total
interestbearing
securities
Total
public
debt
Public debt
and guaranteed securities 1/
Public
debt
7,328
7,248
8,069
9,320
7,325
7,245
8,066
9,316
2.730
2.638
2.867
3.297
8,769
10,931
8,761
9,519
10,119
10,900
Marketable issues
Treasury
bonds
Nonmarketable
issues
Special
issues
Guaranteed
securities
Total
2/
Bills
2.730
2.638
2.867
3,297
2.707
2.546
2.891
3.449
3.197
1.033
3.316
3.815
3.345
3.330
2.842
4.721
2.504
2.806
3.304
4.058
2.482
2.576
2.619
2.639
2.353
2.892
2.925
3.219
2.635
2.630
2.694
2.772
2.611
2.622
2.628
2.681
3.072
3.240
3.361
3.561
3.072
3.239
3.360
3.560
3.063
3,285
3.425
3,659
2.584
2.926
3.031
3.729
3,073
3.377
3.283
3.704
3.680
3.921
3.854
2.829
3.122
3.344
3.471
3.330
3.364
3.412
3.462
2.803
2.891
3.003
3.238
3.144
3.500
3.658
3.732
3.250
Certificates
y
y
1957
1958
1959
I960
268, 592
274,798
231,944
283,380
268,486
274,698
281,833
283,241
1961
1962
1963
1964
285,911
294,886
302,559
308,169
285,672
294,442
301,954
307,357
1963-December.
305,955
305,213
10,631
10,603
3.487
3.486
3,578
3.596
3.862
3.417
3.443
3.103
3.736
1964- July
August. ,
September,
307,675
310,472
312,007
306,855
309,625
311,122
10,928
11,027
11,088
10,897
10,995
11,055
3.566
3.566
3,568
3.565
3.565
3,567
3.666
3.662
3.663
3.718
3.720
3.722
3.838
3.823
3.821
3.535
3.535
3.536
3.466
3.468
3.472
3.228
3.253
3.258
3.730
3.788
3.789
October. .
November.
December.
312,037
314,856
314,362
311,217
314,023
313,553
11,104
11,215
11,247
11,073
11,134
11,217
3.573
3.577
3.593
3.572
3.576
3.593
3.671
3.675
3,696
3.736
3.773
3.854
3.839
3.813
3,811
3.535
3.536
3.536
3.477
3.480
3.484
3.240
3.243
3.248
3.783
3.777
3.773
1965-January,
February.
March. . .
314,336
316,235
11,348
11,487
11,435
11,324
11,462
11,408
3.626
3.649
3.657
3,626
3.649
3.657
3.738
3.769
3.782
3,900
3.957
3.607
3.629
3.629
3.489
3.492
3.261
3.279
4.013
3.815
3.826
3.825
3.488
3U,049
313,677
315,545
313,332
3.282
3.680
3.697
3.715
312,864
314,770
312,209
314,166
11,425
11,508
11,401
11,486
3.668
3.672
3.668
3.672
3,797
3.803
4.053
4.064
3.8U
3.630
3.642
3.496
3.483
3.271
3.320
3.683
3.661
,
April.
May...
9,534
10 141
,
Source:
On the basis of the daily Treasury statement.
Note:
The conputed 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 discotint, beginning with May I960).
The aggregate charge for all interest-bearing issues constitutes the
total computed annual interest charge.
The average annual interest
rate is computed by dividing the computed annual interest charge for
y
y
y
y
3.843
the total, or for any group of issues, by the corresponding principal
Beginning with data for December 31, 1958, the computation is
amount.
based on the rate of effective yield for issues sold at premium or
Prior to that date it was based on the coupon rate for all
discount.
issues.
Guaranteed securities included are those held outside the Treasury.
Total includes "Other bonds" through 1960; 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.
.
Treasury Bulletin
24
DEBT OUTSTANDING
Table 3.- Interest -Bearing Public Debt
In millions of dollars)
(
Public issues
End of
fiscal
year or
month
Total
interestbearing
public
debt
Marketable
Nonraarketable
Total
public
Treasury
bonds 1/
Certificates
Total
Total
Treasury
s.
bonds,
savings investbonds
ment
series
n.
Depositary
bonds
221,658
228,452
237,078
238,342
155,705
166,675
178,027
183,845
23,420
22,406
32,017
33,415
20,473
32,920
33,843
17,650
30,973
20,416
27,314
51,483
80,839
90,932
84,853
81,297
65,953
61,777
59,050
54,497
54,622
51,934
50,503
47,544
285,672
24C,629
U2
249,503
301,954
307,357
'257,153
36,723
42,036
47,230
50,740
13,338
13,547
22,169
260,729
187,148
196,072
203,508
206,489
56,257
65,464
52,145
67,284
80,830
75,025
81,964
88,464
53,481
53,431
53,645
54,240
47,514
47,607
48,314
49,299
4,727
3,921
3,546
117
138
103
103
1963-Dec.
305,213
261,555
207,571
51,539
10,939
58,630
86,413
53,984
43,827
3,685
1964- July,
306,855
309,625
311,122
261,118
262,184
263,755
206,776
207,692
208,981
51,048
52,045
53,345
58,621
58,559
53,572
97,106
97,088
97,063
54,343
54,492
54,774
49,371
49,4^4
49,502
311,217
314,023
313,553
264,960
267,360
267,477
210,118
212,454
54,966
56,469
56,476
58,107
58,924
58,976
97,045
97,021
97,002
54,842
54,946
55,024
1965-Jan.
313,677
269, Ul
Feb.
269,976
267,674
58,429
58,833
56,525
53,203
55,463
55,431
102,779
100,567
100,502
55,030
55,112
Mar.
315,545
313,332
214,411
214,863
212,507
Apr.
May.
312,209
314,166
267,807
266,333
212,451
210,954
56,925
55,928
55,051
52,523
100,475
102,503
1957
1958
1959
I960
268,486
274,698
281,833
1961
1962
1963
1964
283,
294,
Aug.,
Sept,
Oct.,
Nov,
Dec,
2U
212,
4U
11,135
9,621
8,%5
6,783
Foreign
series
securities 2/
Foreign
currency
series
securities 3/
Other
4/
Special
issues
46, 827
196
171
183
170
46,246
44,756
44,899
648
392
19
25
29
45,043
75
630
832
68
46,627
98
582
760
32
43,658
3,535
3,529
3,515
103
103
103
282
312
933
1,035
1,035
69
69
69
45,737
49,581
49,692
49,734
3,450
3,4A1
3,388
102
102
554
554
69
70
105
634
1,086
1,086
1,086
76
46,257
46,664
46,076
3,355
3,348
3,326
104
104
604
55,166
49,803
49 881
49,935
93
609
1,086
1,112
1,137
78
79
67
45,570
45,659
55,356
55,379
49,959
50,002
3,285
3,282
72
699
722
1,137
1,137
205
175
44,402
47,833
,
5,830
61
860
549
589
4'*,939
4;, 801
47, Ul
47,367
U,235
f
Source:
Daily Treasury statement.
1/ Includes $50 million of Panama Canal bonds for fiscal years 1957-60.
2/ Consists of certificates of indebtedness, Treasury notes beginning
January 1963, and Treasury bonds beginning September 1964, sold to
foreign governments for U. S. dollars.
3/ Consists of the dollar equivalent of Treasury certificates of
indebtedness and from October 1962 Treasury bonds issued and
i^
i/
payable in designated foreign currencies.
Includes mainly Treasury bonds. Rural iJlectrlfication Administration
series beginning July 1960, and retirement plan bonds beginning
January 1963.
Excludes $998 million Treasury bills maturing May 31, 1966 for which
settlement uill be made on June 1, 1965.
Table 4.- Average Length and Maturity Distribution of Marketable Interest-Bearing Public Debt
(In millions of dollars)
End of
1/
.
Jane 1965
25
DEBT OUTSTANDING
Table 5.- Special Public Debt losuea to United States Government Investment Accounts
(In millions of dollars)
End of fiscal
year or month
Total
1957
1958
1959
1960
Exchange
Stabilization
Fund
4.6,327
46,246
44,756
44,899
1961
1962
1963
1964
45,043
Federal
Old-Age
and
Survivors
Insurance
Trust Fund
Federal
Savings
and Loan
Insurance
Corporation
Federal
employees'
retirement
funds
Government
Life
Insurance
Fund
19,463
18,610
17,227
16,413
103
112
116
104
7,394
7,738
8,608
9,397
1,200
1,144
1,127
1,107
404
822
429
138
132
1,071
1,028
1,003
332
10,414
11,382
12,438
13,530
718
673
629
694
325
50
996
1,533
2,017
165
165
2,299
2,304
2,165
1,903
50
74
372
82
16,200
15,074
14,221
14,799
59
National
Service
Life
Insurance
Fund
Railroad
Retirement
Account
Unemployment
Trust
Fund
1
5,570
5,665
5,742
5,803
3,475
3,531
3,417
3,586
7,996
6,671
5,636
5,580
129
120
126
138
5,759
5,804
5,714
5,783
3,504
3,316
2,786
2,969
4,625
4,657
4,803
4,931
192
182
155
172
Highway
Trust
Fund
Other
1/
44,801
46,627
108
292
956
43,658
107
72
1,925
324
13,648
51
12,819
981
332
5,752
2,687
4,804
156
45,737
Ul
317
278
60
112
67
14,025
15,128
15,123
344
314
264
13,605
13,658
13,786
953
948
945
5,798
5,808
5,814
2,832
2,877
2,877
4,844
5,504
428
1,831
1,869
1,857
558
47,367
342
338
289
5,399
179
181
182
525
294
305
308
1,764
1,735
1,656
70
246
25
14,243
14,509
14,256
268
284
288
13,841
13,898
13,966
942
938
936
176
. .
46,257
46,664
46,076
35
5,824
5,830
5,337
2,791
2,772
2,760
5,339
5,486
5,405
180
159
161
44,235
45,570
45,659
614
1,436
1,494
1,490
66
64
174
13,008
13,785
13,873
13,931
13,977
14,044
921
917
667
221
287
291
241
. .
912
36
129
148
5,696
5,701
5,707
2,668
2,650
2,664
5,184
5,565
5,273
164
165
168
U,402
645
770
296
311
1,417
1,536
50
13,055
15,282
161
U,115
U,093
909
905
229
293
5,711
5,719
2,572
2,565
5,071
5,914
170
173
.
August
September.
,
47,
,
October
November.
December ....
April
May
Federal
home
loan
banks
234
436
678
609
196i;-July
1965-January
February.
March
Federal
Disability
Insurance
Trust
Fund
556
500
260
270
U,939
1963-December,
Federal
Deposit
Insurance
Corporation
47,833
466
478
595
184
Source: Daily Treasury statement.
1/ Consists of:
Adjusted Service Certificate Furd (through December 1956),
98
241
241
89
426
336
Postal Savings System through 1962, various housing insurance funds,
and the Veterans' Special Term Insurance Fund.
.,.
.
Treasury Bulletin
26
,
DEBT OUTSTANDING
,
Table 6.- Treapury Holdings of Securities Issued by Government
Corporations and Other Agencies
(
In millions of dollars)
Agriculture Department
End of
fiscal
year or
month
Total
Agency
for
International
Development 1/
Commodity
Credit
Corporation
Rural
Electrification
Administration
Secretary:
Farmers'
Home
Administration
programs
2/
ExportImport
Bank nf
Washington
2/
Housing and Home
Finance Agency
Federal
Adminis- National
trator
Mortgage
Associ4/
ation ^/
Saint
Lnvn-ence
Public
Housing
Administration
Seaway
Development
Corporation
1957
1958
1959
I960
22,731
21,859
25,3i3
25,636
1,198
1,183
1,164
1,138
13,333
11,523
12,874
12,704
2,519
2,728
2,923
3,155
265
256
323
369
1,205
1,528
1,937
1,636
282
476
730
977
1,741
1,502
2,351
2,338
41
35
27
29
43
97
112
1961
1962
1963
1,107
1,062
807
735
11,534
12,990
13,599
13,990
3,332
3,484
3,657
3,828
456
854
1,027
1,170
1,693
1,830
1,476
330
1,213
1,567
2,005
2,302
3,202
3,167
2,716
2,393
32
1964
26,011
28,634
29,166
29,241
1963-December,
28,748
746
13,250
3,749
1,093
1,274
2,180
2,543
65
1964- July
August
September
27,693
28,491
23,747
735
735
735
12,314
13,163
13,268
3,903
3,908
3,908
1,157
1,158
1,158
341
312
796
2,342
2,358
2,399
2,403
2,371
2,485
October.
November.
December,
29,232
28,602
28,699
735
735
725
13,719
13,640
13,643
3,933
3,988
3,930
1,176
1,204
1,136
327
405
363
2,476
2,501
2,602
1965-January.
February.
March. . .
28,687
27,484
27,795
724
724
724
13,733
12,495
12,733
3,980
3,980
3,930
1,212
1,209
1,232
338
342
28,128
28,352
724
724
13,028
12,995
4,070
4,070
1,222
1,254
,
April.
May
.
..
Tennessee
Valley
Authority
Veterans'
Administration:
Direct
loan
program
Under
Defense
Production
Act
of 1950
Other
7/
6/
21
1,294
1,723
1,950
1,970
18
22
118
733
780
930
1,180
121
121
123
123
85
1,330
1,530
1,730
1,730
1,964
1,976
1,923
2,019
22
22
29
35
122
50
1,730
1,911
35
123
123
123
35
85
95
1,730
1,730
1,730
2,012
2,012
2,012
36
36
37
2,319
2,133
2,209
123
123
123
95
95
95
1,730
1,730
1,730
2,004
2,004
1,996
38
2,120
2,032
2,049
123
123
123
95
95
327
2,602
2,673
2,719
95
1,730
1,730
1,730
1,986
1,986
1,936
46
383
548
2,7U
2,774
1,974
1,937
124
124
95
95
1,730
1,730
1,986
2,051
49
Source:
Daily Treasury statement.
Note:
These securities were issued to the Treasury in exchange for advances by the Treasury from public debt receipts under congressional
authorization for specified government corporations and other agencies
to borrow from the Treasury.
Further detail may be found in the 1964
Annual Report of the Secretary of the Treasury, pages 685-3, and the 1964
Combined Statement of Receipts, Expenditures and Balances of the United
States Government, pages 506-507.
1/ And predecessor agencies.
Beginning fiscal 1957 figures exclude notes
previously issued by the Administrator in connection with informational
media guaranties.
The obligation for these notes was assumed by the
Director of the United States Information Agency, pursuant to the act
approved July 18, 1956 (22 U.S.C. 1442), and the notes together with
others issued for the same purpose are included in "Other."
Farm housing and other loan programs, and Agricultural Credit Insurance
2/
Fund (formerly Farm Tenant Mortgage Insurance Fund).
Includes securities transferred from the Reconstruction Finance Corpo3/
ration, but excludes securities Issued under the Defense Production
Act.
4/ Consists of notes issued to borrow for: The urban renewal program
^/
6/
7/
32
25
50
21
39
40
42
U
48
(formerly slum clearance program); college housing loans; and public
facility loans.
Consists of liabilities taken over by the Association from the
Administrator in accordance with the act approved August 2, 1954, and
notes issued by the Association \inder authority of that act (12 U.S.C,
1719 (c), 1720 (d), and 1721 (d)) and also securities transferred
from the Reconstruction Finance Corporation,
Consists of notes of :
The Administrator, General Services Administration, for defense materials procurement; the Secretary of Agriculture;
the Secretary of the Interior (Defense Minerals Exploration Administration); the Export-Import Bank of Washington through March 1962;
and the Secretary of the Treasury,
Secretary of the Treasury; Small
Consists of notes issued by the:
Business Administration, fiscal year 1957; United States Information
Agency for informational media guaranties (see footnote 1); Secretary
of Commerce (Maritime Administration) for the Federal Ship Mortgage
Insurance Fund fiscal years 1959-61, and 1963-65, beginning March 1963;
Virgin Islands Corporation beginning fiscal I960; District of Columbia
Commissioners for the Stadium Sinking Fund beginning June, 1962; and
Secretary of the Interior (Bureau of Mines) for development and operation of helium properties beginning May 1964,
..
..,
Jane 1965
27
DEBT OUTSTANDING
Table 7.- Interest-Bearing Securities Issued by Federal Agencies But Not
Guaranteed by the United States Government
(In millions of dollars)
Federal National
Mortgage Association
End of fiscal
year or month
Banks for
cooperatives
Federal
h^me loan
banks 1/
Federal
Intermediate
credit banks
Federal land
banks 2/ 2/
Management
and liquidating issues
All other
Tennessee
Valley
Authority
issues
1,050
1,165
1,290
2,284
1957
1958
1959
1960
5,013
5,423
6,708
8,407
179
199
284
330
738
456
992
1,259
1,159
1,456
1,600
1,552
1,646
1,888
2,137
1961
1962
1963
196i
7,765
9,332
10,192
11,865
382
430
459
498
1,055
1,797
2,770
4,201
1,723
1,855
2,133
2,315
2,357
2,550
2,725
2,973
2,198
2,556
1,960
1,698
145
145
180
1963-December.
11,705
583
4,363
1,952
2,834
1,788
130
1964- July
August. .
September.
11,792
498
U2
4,048
4,194
4,182
2,396
2,433
2,424
2,973
3,102
3,102
1,698
1,696
1,571
180
180
180
3,169
3,169
1,707
1,701
180
190
924
570
797
797
797
50
11,996
538
538
October, ,
November.
December.
12,128
12,241
12,127
576
4,144
638
686
4,369
4,369
2,352
2,174
2,112
3,169
1,601
190
1965- January.
February .
March. . .
11,990
11,945
12,246
686
670
2,102
2,143
2,206
3,169
3,298
3,298
1,723
1,739
1,739
190
723
4,120
3,905
4,090
190
190
April
May
12,557
13,067
696
678
4,184
4,484
2,278
2,367
3,415
3,415
1,795
1,898
225
.
12,
Source:
Office of Debt Analysis and agency reports.
Note:
The securities shown in the table are public offerings.
1/ The proprietary interest of the United States in these banks ended
in July 1951.
2/
2/
190
The proprietary interest of the United States in these banks ended in
June 1947.
Figures do not include securities which are issued for use as collateral for commercial bank borrowing and not as a part of public offerIncludes small amounts owned by Federal land banks.
ings.
Treasury Bulletin
28
STATUTOEY DEST LIMITATION
The Second Liberty Bond Act (31 U.S.C. 757b), as amended
30, 1959, provides that the face amount
of obligations issued under authority of that act, and the face
amount of obligations guaranteed as to principal and interest
by the United States (except guaranteed obligations held by
the Secretary of the Treasury) shall not exceed in the aggregate $285 billion outstanding at any one time. The corresponding limitation in effect under the act of June 26, 194-6,
was $275 billion and that under the act of September 2, 1958,
was $283 billion, Tenporary increases to the permanent limita$10
tion of $285 billion, have been authorized as follows:
billion from July 1, 1959, through June 30, I960 (act of
June 30; 1959); |8 billion from July 1, 1%0, through June 30,
by an act approved June
1961 (act of June 30, 1960); |13 billion from July 1, 1961,
through March 12, 1962, and $15 billion from March 13 tr.rcagl:
June 30, 1962 (acts of June 30, 1961, and March 13, 1962); i?3
billion frcm July 1, 1962, through M-irch 31, 1963, $20 billion
from April 1 through May 28, 1963, $22 billion from May 29
through June 30, 1963, and $24 billion from July 1, 1963
through June 30, 1964 (acts of July 1, 1962, May 29 1963,
AugiJst 27, 1963, and November 26, 1963, and an additional
$6 billion, making a total of $30 billion, from December 1,
1963, through June 29, 1964 (act of November 26, 1963)); nnd
$39 billion from June 29, 1964 through June 30, 1965 (act of
June 29, 1964.
_,
Table 1.- Status Under Limitation May 31, 1965
(In millions of d^^llars)
Maximum amount of securities which may be outstanding at any one time under limitation imposed by the act
of June 30, 1959 (31 U.S.C. 757b), as increased temporarily by the act of June 29, 196^
Amount of securities outstanding subject to such statutory dett limitation:
U. S. Government securities issued under the Second Liberty Bond Act, as amended
Guaranteed securities held outside the Treasury
32^,000
318,934-
606
Total amount of securities outstanding subject to statutory debt limitation
Table 2.- Application of Limitation to Public Debt and Guaranteed Securities
Outstanding May 31, 1965
(In millions of dollars)
Class of security
319 ) 540
4,460
Balance issuable under limitati'''n
Jane 1965
29
PUBLIC DEBT OPERATIONS
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities
Outstanding May 31, 1965
Other Than Regular Weekly and Annual Treasury Bills
{
In millions of dollars)
Treasury Bulletin
30
PUBLIC DEBT OPERATIONS
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securltlee
Outstanding May 31, 1965
Other Than Regular Weekly and Annual Treasury Bills - (Continued)
(In millions of dollars)
.
2
.
Jane 1965
31
PUBLIC DEBT OPERATIONS
Table 2.- Offerings of Treasury Bills
(Amounta In millions of dollars)
Description of new Issue
Issue date
Number of
days to
maturity 1/
Maturity
date
Amount of
bids
tendered
Amount of bids accepted
Total
amotmt
On conpetltlve basis
On nonconpetltlve basis 2/
In
exchange
Amount
maturing on
issue date
of new
offering
Total of
unmatured
Issues outstanding after
new Issues
Regular weekly bills:
1965-reb
L965-May
/,
Feb.
11..
Feb.
18..
Feb.
25...
Mar.
I..
Mar.
11..
Mar.
18..
Mar.
25.
Apr.
1..
Apr.
8,.
Apr.
15..
Apr.
22..
Apr.
29..
May
6p.
6
5
91
182
2,226.1
2,469.6
1,202.5
1,003.6
972.1
913.9
230.5
89.7
242.1
133.7
1,200.6
900.6
15,618.3
25,138.1
13
12
91
182
2,241.7
2,U8.4
1,200.4
1,001.2
948.0
908.8
252.4
92.4
179.6
132.9
1,199.9
901.8
15,618.8
25,237.5
20
19
91
182
2,073.8
2,161.8
1,200.1
1,000.4
946.4
907.2
253.7
93.2
12.3
1.8
1,201.0
901.3
15,617.8
25,336.5
May
27
Aug.
26
91
182
2,327.3
2,503.6
1,200.9
1,003.4
994.1
927.2
206.8
76.1
234.3
143.0
1,200.2
902.0
15,618.5
25,437.9
91
182
2,358.8
2,303.5
1
200
1,000.3
962.0
905.5
238.2
94.8
228.5
135.5
1,200.2
900.3
15,618.5
25,537.9
Aug.
May
Aug.
May
Aug.
June
Sept.
June
,
.
Sept.
9
91
182
2,151.5
1,880.2
1,200.8
1,000.4
944.9
900.8
255.9
99.5
184.4
75.9
1,301.0
900.8
15,518.2
25,637.4
June
Sept.
17
16
91
182
2,248.7
2,331.4
1,201.0
1,002.5
924.3
899.9
276.7
102.7
188.1
54.2
1,300.8
900.0
15,418.4
25,739.9
June
24.
Sept.
23
91
182
2,367.9
2,023.9
1,202.8
1,000.5
964.1
908.8
238.7
91.6
166.4
140.8
1,208.1
900.6
15,413.0
25,839.7
91
182
2,061.2
1,937.6
1,200.2
1,002.1
969,
899.
230.7
102.8
198.8
144.4
1,199.9
900.3
15,413.3
25,941.5
July
Sept.
10
1
30
July
8
91
182
2,280.7
2,188.0
1,201.8
1,001.3
958.9
904.4
242.9
96.9
191.3
92.5
1,101.8
901.2
15,513.3
26,041.6
July
15
U
91
182
2,335.9
1,832.5
1,200.7
1,000.7
902.3
876.3
298.3
124.4
171.4
86.4
1,099.6
1,004.5
15,614.4
26,037.8
22
21
91
182
2,248.2
1,921.6
1,201.6
1,001.5
941.3
893.2
260.2
108.3
219.2
155.3
1,200.3
1,000.8
15,615.6
26,038.5
29
28
91
182
2,267.4
2,210.6
1,201.1
1,003.3
966.5
910.7
234.6
92.6
205.5
153.2
1,202.9
1,002.8
15,613.9
26,039.0
Aug.
Nov.
5
91
182
2,073.4
1,958.4
1,200.5
1,000.4
973.5
909.0
227.0
91.4
229.3
161.9
1,202.5
1,000.0
15,611.9
26,039.5
Oct.
July
Oct.
July
Oct.
May
13p.
Aug.
Nov.
12
12
91
183
2,246.2
1,871.7
1,201.0
1,000.9
962.9
902.4
238.0
98.5
223.1
134.2
1,200.4
1,000.3
15,612.5
26,040.0
May
20p.
Aug.
Nov.
19
18
91
182
1,952.7
2,041.0
1,200.9
1,001.8
963.2
898.9
237.7
102.9
187.6
105.0
1,200.1
1,000.8
15,613.3
26,041.0
May
27p
Aug.
Nov.
26
26
91
183
2,090.8
2,001.2
1,199.7
1,000.8
984.2
916.0
215.5
84.7
216.5
143.4
1,200.9
1,000.1
15,612.1
26,041.7
22
22
22
22
201
210
155
2,235.0
3,188.2
3,703.1
4,044.9
1,001.0
1,503.2
1,504.5
1,758.3
971.8
1,299.3
1,298.9
1,517.2
29.2
203.9
205.6
241.1
1,001.0
2,504.2
4,008.6
5,767.0
1965-Jan.
Feb.
Mar.
31
28
360
362
357
2,211.9
2,412.3
2,568.2
1,000.4
1,000.5
1,001.5
969.8
981.1
883.0
30.6
19.4
118.5
359
363
358
1,883.8
2,207.6
2,393.3
1,001.4
1,000.1
1,001.2
984.4
982.0
979.8
17.0
18.1
21.4
361
365
365
2,080.1
1,940.3
1,849.0
1,000.5
1,000.4
1,000.5
979.3
960.2
947.7
21.2
40.2
52.8
10,507.6
11,508.1
12,509.6
10,003.8
11,010.2
12,010.4
13,011.6
11,013.7
12,014.1
36?
999.9
1,000.5
1,003.0
1,000.4
1,000.7
1,000.3
1,001.2
954.7
948.4
957.3
947.9
965.7
946.6
964.1
45.3
1,000.9 7/
969.5
Tax anticipation bills :
1964-Sept.
277777777.
Nov.
1965-Mar.
Mar.
2/
2A.
1965-i/
One-year bills:
1964-Feb.
6.,
June
June
Mar.
Apr.
3.,
May
June
July
6.
Apr.
30
2
7.
May
June
31
30
4
July
31
31
a..
31
U7
2,500.8
5/
1,997.9 6/
Aug.
Aug.
Sept.
31
Aug.
30
Oct.
31
Nov.
30..
Dec.
Feb.
Mar.
Apr.
31..
31..
28..
31..
30..
Sept. 30
Oct.
31
Nov.
30
Deo.
31
May
28p.
1965-Jan.
Feb.
28
Mar.
Apr.
31
30
365
365
2,349.8
2,496.6
2,310.8
2,907.9
2,023.2
2,241.3
2,573.2
May
31
365
2,752.0
1966-Jan.
31
365
365
365
365
Source:
Bureau of the Public Debt. Preliminary figures are from subscription and allotment reports; final figures are on "clearance" basis in
daily Treasury statement.
Note:
Tax anticipation and one-year bills are shown in the table each
month until the month in which they mature is no longer shown in the
issue date column for regular weekly bills.
1/ The 13-week bills represent additional issues of bills with an original
maturity of 26 weeks.
2/ For 13-week and 26-week issues, tenders for $200,000 or less from any
3/
^
5/
6/
7/
26.4
18.4
1,001.1
53.7
37.1
103.8
63.1
26.3
102.8
36.6
49.3
120.9
1,000.3
1,004.8
1,000.3
1,000.4
1,000.5
1,001.5
1,001.4
12,013.4
12,012.0
12,011.7
12,007.4
12,010.1
12,010.1
12,010.2
12,009.1
12,008.8
31.4
100.3
1,000.1
12,009.5
52.1
45.6
52.5
35.0
1,002.0
one bidder are accepted in full at average price of accepted competitive bids; for other issues, the corresponding amount is stipulated
in each offering announcement.
Issued on October 26, 1964; additional to bills dated September 2, 1964.
Issued on January 18, 1965; additional to bills dated November 24, 1964.
Matured April 15, 1964.
Matured July 15, 1964.
Settlement of $3,063,000 was made on May 28, 1965 and $997,823,000 on
June 1, 1965.
)
)
Treasury Bulletin
32
PUBLIC DEBT OPERATIONS
Table 2.- Offerings of Treasury Bills
Average price
per hundred
Equlvalefit average
rate 8/
low
High
Price per hundred
Equivalent rate 8/
Price per hundred
Equivalent rate 8/
(Percent
(Percent)
(Percent
Bsgular veekljr bills:
(Continued)
On cCTnpetitive bids accepted
On total bids accepted
IsBue date
-
3.888
3.968
99.023 2/
97.998
3.865
3.960
99.016
97.992
3.893
3.972
1965-Peb.
A
99.017
97.994
F*.
11
99.013
97.984
3.903
3.987
99.016 10/
97.990
3.893
3.976
99.011
97.983
3.913
3.990
Feb.
18
99.005
97.970
3.936
4.015
99.010
97.981
3.916
3.994
99.001
97.968
3.952
4.019
Feb.
ii
98.992
97.956
3.989
4.043
98.995
97.961 1]/
3.976
4.033
98.990
97.955
4.045
3.976
4.033
98.992
97.958
3.988
4.039
Mar.
Mar.
A
11
98.993
3.982
_97.959
4.037
98.995
97.961
99.002
_97.977
3.948
4.001
99.006
97.984
3.932
3.938
99.000
97.973
3.956
4.009
901
986
99.007
97.982
3.928
3.992
3.916
3.978
99.007
97.983
3.928
3.990
Mar.
18
99.010
97.983
3.917
3.990
99.014
97.985
Mar.
25
99.009
97.986
3.922
3.984
99.010
97.989
Apr.
?9.009
97.981
,921
1
.993
99.014
97.988
3.901
3.980
99.006
97.978
3.932
4.000
Apr.
8
99.004
97.981
.942
,993
99.007
97.984
3.928
3.988
99.002
97.980
3.948
3.996
Apr.
15
99.005
97.983
.937
.991
99.007
97.989
3.928
3.978
99.003
97.979
3.944
3.998
Apr.
22
99.003
97.974
.946
,008
99.006
97.978
3.932
4.000
99.001
97.971
3.952
4.013
Apr.
29
99.010
97.989
3.916
3.978
99.014
97,993
3.901
3.970
99.009
97.988
3.920
3.980
99.014
98.003
3.901
3.950
99.016
98.004
893
948
99.012
98.001
3.909
3.954
13p
99.016
97.992
3.893
3.950
99.020
97.998
3.877
3.938
99.015
97.990
3.897
3.954
May
20p
99.015
98.000
3.897
3.955
99.018
98.003
3.885
3.950
99.012
97.998
3.909
3.960
May
27p
99.017
97.995
3.889
3.944
99.020
97.998 16/
3.877
3.938
99.015
97.994
897
946
98.001
3.580
3.518
3.639
3.711
98.012 17/
98.575
97.895 12/
98.411 23/
3.561
3.490
3.609
3.691
97.998
98.559
97.874
98.399
3.586
3.529
3.645
3.718
3.680
3.765
3.719
3.705
3.719
3.691
3.644
3.688
3.773
3.790
96.335
96.225
96.334
96.316
96.259
96.336
96.362
96.270
96.189
96.168
95.944
95.987
96.007
95.904
95.973
95.951
3.665
3.754
3.697
3.694
3.710
3.684
3.628
3.679
3.759
3.780
4.000
3.958
3.938
4.040
3.972
3.994
96.312
96.207
96.306
96.296
96.246
96.327
96.339
96.252
96.169
96.154
95.855
95.965
95.998
95.873
95.950
95.945
3.688
3.772
3.725
3.714
3.723
3.694
3.651
3.697
3.779
3.793
4.088
3-. 980
3.947
4.070
3.995
3.999
3.951
95.991
3.954
May
May
6p
Tax anticipation bills
196i-Sept
2
98. 564
Nov.
24
1965-A/
One-year bills
1964- Feb.
6..
Mar.
Apr.
*y
June
July
Aug.
Aug.
Sept.
Oct.
Nov.
Dec.
1965-Jan.
8/
2/
10/
11/
13/
13/
IV
ly
1^
12/
U/
3.996
3..
8..
6..
2..
7..
4..
31..
30..
31..
30..
31..
31..
Feb.
Mar.
Apr.
28..
31..
30..
"May
28p.
97.877
98.402
96.320
96.214
96.312
96.305
96.250
96.329
96.346
96.260
96.174
96.158
95.876
95.972
96.000
95.882
95.95''
95.949
95.991
4.068
3.972
3.945
4.062
3.987
3.996
3.954
U/
M/
iV
20/
21/
22/
22/
2V
2y
95.994 26/
Bank discount basis.
Except $1,500,000 at 99.028 and $1,850,000 at 99.027.
Except $100,000 at 99.023 and $265,000 at 99.018.
Except $12,000 at 98.993.
Except $100,000 at 98.999.
Except $50,000 at 97.994.
Except $200,000 at 97.984, $1,200,000 at 97.983 and $134,000 at 97.981.
Except $100,000 at 98.006.
Except $2,125,000 at 98.002.
Except $200,000 at 98.045.
18 /
12/
20/
21/
22/
23/
2^
2^
2^/
Except $300,000 at 98.300, $1,000,000 at 97.981, $1,000,000 at 97.940,
$200,000 at 97.915, $200,000 at 97.912 and $400,000 at 97.900.
Except $700,000 at 98.420 and $5,000,000 at 98.416.
Except $3,500,000 at 96.239.
Except $100,000 at 96.158 and $200,000 at 96.000.
Except $100,000 at 96.006.
Except $200,000 at 96.075.
Except $100,000 at 96.000.
Except $50,000 at 96.000.
Except $5,000,000 at 96.003 and $5,000,000 at 95.997.
Preliminary.
p
Jane 1965
Treasury Bulletin
34
PUBLIC DEBT OPERATIONS
Table 3.- New Money Financing through Regular Weekly Treasury Bills i/-(Continued)
(Dollar amounts in millions)
Description of issue
Issue
date
Maturity
date
Jane 1965
35
PUBLIC DEBT OPERATIONS
Table 3.- New Money Kinanclng through Regular Weekly Treasury BlUsi/- (Continued)
D
G
Treasury Bulletin
36
PUBLIC DEBT OPERATIONS
Table 4.- Offerings of Public Marketable Securities Other Than
Regular Weekly Treasury Bills
Date subscription books
opened or bill
tenders received
Date
Description of security 1/
Period to final
maturity
(years, months,
days) 2/
Amount of subscriptions tendered
Cash 3/
Exchange
Amount issued
For
cash 2^
(In millions of dollars)
1/11/61
1/15/61
2.679Sf Bill
-
2/6/61
2/15/61
3-1/4^ Note
-
r3/15/6l
|_3/15/6l
3-3/8^ Bond
3-5/8i8 Bond
-
3/20/61
4/1/61
1-1/2^ Note
3/28/61
4/3/61
2.473if Bill
i/l2/6l
4/15/61
r5/15/61
la/
5/1/61
6m
11/15/66
11/15/67
(_5/15/61
6/14/61
2.308? Bills
-
-
5y
5y
series 15 /
(At auction)
2.908? Bill
7/15/62
3-1/4? Note
3-3/4? Note
3-7/8? Bond
11/15/62-H
8/15/64-E
5/15/68
7/20/61
7/26/61
2.484? Bill
3/23/62
9/11/61
10/3/60
2/14/58
10/3/60
3-1/2? Bond
3-1/2? Bond
3-1/2? Bond
11/15/80
2/15/90
11/15/98
9/20/61
9/27/61
2.705? Bill
6/2^/62
7/17/61
10/1/61
1-1/2? Note
10/1/66-EO
10/2/61
5/15/61
3-1/4? Note
5/15/63-D
10/10/61
10/16/61
2.975? Bill
11/15/61
11/15/60
3-1/4? Note
3-3/4? Bond
12/2/57
3-7/8? Bond
10/
11/6/61
11/9/61
11/15/61
11/20/61
6/23/60
2.277? Bills
3-7/8? Bond
Reopening
Issued at 99.375
Reopening
Reopening
Reopening
Reopening
Issued at 99.875
-
ri2/7/61-l "Strip" of 8
[1/25/62
12/
J series
(At auction)
5/15/68
Reopening
Issued at 99.50
3.366? Bill
1/15/63
At auction
10/1/57
4?
Bond
10/1/69
Reopening
Issued at 99.75
2/5/62
'2/15/62
^2/15/62
3-1/2? Cert.
Note
4?
'
3/1/62
1/23/59
2/14/58
10/3/60
4?
4?
3-1/2?
3-1/2?
Bond
Bond
Bond
Bond
8/15/71
2/15/80
2/15/90
11/15/98
3/23/62
2.896? Bill
9/21/62
4/1/67-EA
2/15/63-A
8/15/66-A
.
Reopening
Reopening
Reopening
4/1/62
1-1/2? Note
3-3/4? Bond
8/15/68
4/10/62
4/15/62
2.943? Bill
4/15/63
•
'5/15/62
5/15/62
5/15/62
3-1/4? Cert.
3-5/8? Note
3-7/8? Bond
5/15/63-B
2/15/66-B
11/15/71
•
7/15/62
3.257? Bill
7/15/63 - At auction
L8/15/62
3-1/2? Cert.
Bond
4?
4-1/4? Bond
8/15/63-C
2/15/69
8/15/87-92 - Issued at 101
9/10/62
("9/15/62
|_9/15/62
3-3/4? Note
Bond
4?
8/15/67-A
8/15/72
9/26/62
10/3/62
2.616? Bill
3/22/63
7/10/62
f 3/1 5/62
7/30/62
{
8/15/62
37y
ly
ly
4y
(Average)
9y
I7y
27y
36y
Tax ant. 11/
(At auction)
4/18/62
I
28y.
7y
6y
At auction
Issued at 99.80
Issued at 99.50
3y
9y
6y
4y
9y
Tax ant. 11/
(At auction)
4,174
9^111
19y
6y
4,673
3iin
240 d
4y
4/9/62
i/30/62
ly
ly
3y
6y
10/15/62 - At auction
2/15/63-E
5/15/66 - Reopening
Issued at 99.75
11/15/74 - Reopening
Issued at 99.00
3,819^2^
2,947j^'
Average)
Tax ant. 11/
(At auction)
1/15/62
10/
4,116
109. 6d
(
Tax ant. 11/
(At auction)
1/9/62
3/20/62
ly
ly
At auction
1/15/62
2/19/62
3,897
2y
r 8/3/61-'!
"Strip" of 18
[11/30/61 J
8/1/61
8/1/61
6/23/60
172d
At auction
4/15/62
5/15/62-A
5/1 5/63-
7/15/61
3,078
18,980 6/
6y
9/22/61 - Tax ant. 11/
(At auction)
-
7/11/61
ly
4/1/66-EA
2.827? Bill
Cert.
3?
3-1/4$ Note
6/8/61
1/15/62 - At auction
8/1 5/62-
2m
5m
2m
5,149
In exchange
4/
June
i%5
37
PUBLIC DEBT OPERATIONS.
Table 4.- Offerings of Public Marketable Securities Other Than
Regular Weekly Treasury Bills - (Continued)
Date subscrip-
D
Treasury Bulletin
38
PUBLIC DEBT OPERATIONS
Table 4.- Offerings of Public Marketable Securities Other Than
Regular Weekly Treasury Bills - (Continued)
Date subscription books
opened or bill
tenders received
Date
of
issue
Description of security
V
Period to final
maturity
(years, months,
Amount of sutscriptions tendered
days) 2/
Cash 3/
Exchange
[
Amount issued
For
cash 3/
6/2/64
3.719* Bill
5/31/65
At auction
ly
2,208
1.000
41/
7/1/64
7/7/64
3.691? Bill
6/30/65
At auction
ly
2,393
1.001
42/
(8/15/62
Bond
4-1/8? Bond
4-1/4? Bond
10/1/69
11/15/73
8/15/87-92
7/29/64
3.505? Bill
7/13/6i
7/24/64
•^7/22/64
4it
(10/15/64|12/17/64
7/30/64
8/4/64
3.644? Bill
7/31/65
8/3/64
8/15/64
3-7/8? Note
2/15/66-C
8/25/64
8/31/64
3.688? Bill
8/31/6
8/26/64
9/2/64
3.580? Bill
3/22/65
9/24/64
9/30/64
3.773? Bill
10/
10/1/64
1-1/2? Note
lO/l/69-EO
10/20/64
9/2/64
3.518? Bill
3/22/65
10/27/64
10/31/64
3.790? Bill
11/2/64
U/15/64
4?
11/17/64
11/2^764
3.639? Bill
6/22/65
Note
=;
Reopening
5y
2-1/4J11
Reopening
9y
28y
3-3/4m
3/4m
"Strip" of 10
series 57/
(At auction)
3,726
4,357
1,198
3,726
4,357
1,198
(
At auction
ly
At auction
Tax ant. 11/
(At auction)
2,147
1,001
ly
2,080
1.000
6m
14,852
ly
1,940
1,00c
201d
2,235
1,001
ly
1,849
Average)
^
147d
At auction
5/1 5/66-
ly
Tax ant. 11/
(At auction)
1,954
2,350
21,900
210d
3,703
1,504
6,626
2,893
61/
4.068? Bill
11/30/65
At auction
ly
2,497
1.001
41/
3.972? Bill
12/31/65
At auction
ly
2,311
1,003
41/
1/4/65
i/15/65
1/15/65
8/15/62
Bond
4?
4-1/8? Bond
4-1/4? Bond
2/15/70
2/15/74
8/15/87-92
11/24/64
3.711? Bill
6/22/65
Tax ant. 11/
Reopening)
Im
Im
7m
155d
63/
1.000 41/
ly
6m
12/31/64
9y
27y
62/
159
1,503
3,187
11/30/64
Reopening
&a/
1.001 41/
11/24/64
5y
12/
41/
159
5y
Tax ant. 11/
(Reopening)
43/
2,086
ig/
12/23/64
1/12/65
100
109. 6d
-
9/30/65 - At auction
10/31/65
4/
In millions of dollars)
5/27M
flO/1/57
In exchange
Allotment
ratio
4,381p
3,130p
2,254p
'i,381p
3,130p
2,254p
100 64/
1,758
4,045
(
1/26/65
1/31/65
3.945? Bill
2/1/65
2/15/65
4?
Note
2/23/65
2/28/65
4.062? Bill
3/25/65
3/31/65
3.987? Bill
10/
4/1/65
1-1/2? Note
4/23/65
4/30/65
3.996? Bill
2/15/62
4?
5/15/64
4-1/4? Bond
Note
5/3/65
5/25/65
V3I/65
3.954? Bill
1/31/66 - At auction
ly
11/15/66 - E
-At
ly
9m
1.000
2,908
41/
l,735p
10,636p 65/
518p
auction
ly
2,023
1.001
41/
3/31/66 - At auction
ly
2,241
1.000
43/
1.001
41/
2/28/66
4/1/70-EA
4/30/66
6^
62/
5y
-At
auction
ly
8/15/66-A - Reopening
ly
Issued at 99.85
5/15/74 - Reopening
Issued at 100.25
5/31/66 - At auction
I
2,573
3m
5,904p
5,904p
9y
2,06lp
2,06lp
100 6§/
ly
(Footnotes on follouing pages)
2,752p
i,ooip 41/
,
.
.
.
Jane 1965
39
PUBLIC DEBT OPERATIONS
,
Footnotes to Table 4
Bureau of the Public Debt. Preliminary figures are from subSource;
scription and allotment reports; final figures are on "clearance"
basis in daily Treasury statement.
1/ Issued at par except as noted. For bill issues sold at auction the
rate shown is the equivalent average rate (bank discount basis) on
accepted bids. For details of bill offerings, see Table 2. In reopenings, the amount issued is in addition to the amount in original
offering
2/ From date of additional issue in case of a reopening.
Subscriptions
shown are from the public, but amounts issued Include
2/
allotments to Government investment accounts.
^/ For maturing securities exchanged for the new issues, see Table 7.
5/ Issued as a rollover of maturing one-year bills,
6/ Subscriptions were permitted to be made with payment in cash or in
L,-l/&% Treasury certificates maturing February 15, 1961 (see Table 7,
footnote 4).
7/ Consists of allotments on subscriptions from holders of certificates
of indebtedness maturing February 15, 1961.
8/ 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 $4,364 million and were allotted in full. Subscriptions subject to allotment totaled $14,619 million: those
up to and including $10,000 were allotted in full; all others were
allotted 20 percent but in no case less than $10,000.
2/ In addition to the amounts allotted to the public, there was allotted
to the Federal Reserve Banks and Government investment accounts
ti'i million of the 3-3/8% bonds of 1966, and $540 million of the
3-5/8SS bonds of 1967.
10/ Exchange offering available to owners of nonmarketable 2-3/4% Treasury bonds. Investment Series B-1975-80, dated April 1, 1951. For
further information on the original offering see Treasury Bulletin
for April 1951, page A-1. Amounts shown are as of May 31, 1965.
11/ Tax anticipation bill, acceptable at face value in payment of income
and profits taxes due on the quarterly payment date immediately
preceding maturity.
12/ Subscriptions were permitted to be made with payment in cash or in
the 4-3/4% Treasury certificates or 3-5/8% Treasury notes, both
maturing May 15, 1961 (see Table 7, footnote 9).
13/ Consists of allotments on subscriptions from holders of certificates
of indebtedness and Treasury notes maturing May 15, 1961.
14/ 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
banks and foreign States, Government investment accounts, and the
Federal Reserve 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.
15/ 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,
16/ In addition to the amounts allotted to the public, there was allotted
to the Federal Reserve Banks 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.
17/ Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 37 percent but in no case
less than $100,000.
In addition, $100 million of the notes was
allotted to Government investment accounts.
18/ 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.
12/ 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, 1%2.
20/ 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% 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 $309,000.
21/ 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 was
allotted to Government investment accounts
22/ 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,
22/ In addition to the amounts allotted to the public, there was 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
3-1/2% bonds of 1990, and $221 million of the 3-1/2% bonds of 1998.
24/
Issued for cash and in exchange for tax anticipation bills maturing
March 23, 1962 (see Table 7, footnote 12 )
Subscriptions for $50,000 or less were allotted in full. Subscriptions for more than $50,000 were allotted 15 percent but in no case
In addition, $100 million of the bonds was
less than $50,000.
allotted to Government investment accounts.
Includes $2,166 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/4% certificates, $14 million of
the 3-5/8% notes, and $64 million of the 3-7/8% bonds.
Subscriptions were permitted to be made with payment in cash or in
the 4% notes or 3-1/4% notes, both maturing August 15, 1962 (see
Table 7, footnote 13).
Consists of allotments on subscriptions from holders of Treasury
notes maturine Aueust 15. 1962.
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 totaled $4,760 million for
the certificates and were allotted in full, in accordance with the
offering circular. Subscriptions from all others totaled $15,395
million and were allotted 12-1/2 percent with subscriptions for
$50,000 or less allotted in full and those for more than $50,000
allotted not less than $50,000.
Subscriptions for the 4% bonds totaled $6,743 million and were
allotted 22 percent with subscriptions for $100,000 or less allotted
in full and those for more than $100,000 allotted not less than
In addition, $100 million of the bonds was allotted to
$100,000,
Government investment accounts
All subscriptions for the 4-1/4% bonds were allotted in full.
In
addition, $50 million of the bonds was allotted to Government
investment accounts
Savings-type investors were given the privilege
of paying for the bonds allotted to them in installments up to
October 15, 1%2 (not less than 30 percent by August 15, 196t', the
issue date; 60 percent by September 15, 1962; and full payment by
October 15, 1962).
In addition to the amounts allotted to the public, there was allotted
to Government investment accounts $21 million of the 3-3/4% notes
and $320 million of the 4% bonds.
Includes $3,796 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/8% certificates, $1 million of
the 3-1/2% notes, and $6 million of the 4% bonds.
Sale of a "strip" of Treasury bills, consisting of an additional
$100 million for cash of ten series of weekly Treasury bills maturing
from January 17, 1963, to March 21, 1%3.
Holders of approximately $458 million of Series F and G savings
bonds which mature in 1963 and 1964 were offered in exchange either
the 3-7/8% bonds or the 4% bonds with certain adjustments as of
December 15, 1962, 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 $93,000 for the 3-7/8% bonds and $101,825 for the 4% bonds.
The bonds were sold to a syndicate on the basis of competitive bidding for reoffering to the public. The winning bid was $99.85111 per
$100 of face amount for a 4% coupon, resulting in a net basis cost to
the Treasury of 4.008210%, calculated to maturity.
Includes $3,921 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/4% certificates and $15 million
of the 3-3/4% bonds.
In addition to the amounts allotted to the public, there was allotted
to Government investment accounts $19.8 million of the 3-5/8% notes,
$29.6 million of the 3-7/8% bonds of 1971, $151.9 million of the
3-7/8% bonds of 1974, and $123.9 million of the 4% bonds of 1980.
The bonds were sold to a syndicate on the basis of competitive bidding for reoffering to the public. The winning bid was $100.55119
per $100 of face amount for a 4-1/8% coupon, resulting in a net basis,
cost to the Treasury of 4.093145%, calculated to maturity,
Includes $3,327 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/4% certificates, and $85 million
of the 3-5/8% notes,
Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 5 percent but in no case
less than $100,000.
Includes $4,149 million allotted to Federal Reserve Banks and Government investment accounts.
One-year bills issued monthly beginning September 3, 1963.
In addition to the amounts allotted to the public, there was allotted
to Federal Reserve Banks and Government investment accounts $23 million of the 3-7/8% bonds of 1968, and $171 million of the 4% bonds of
,
25/
26/
27/
28/
29/
30/
31/
.
32/
33/
34/
35/
36/
37/
38/
39/
40/
Qj
42/
43/
44/
45/
46/
47/
48/
1973.
Issued for cash and in exchange for one-year bills maturing October
15, 1963 (see Table 7, footnote 17).
Sale of a "strip" of Treasury bills, consisting of an additional $100
million for cash of ten series of weekly Treasury bills maturing frcm
February 6, 1964, to April 9, 1%4.
Subscriptions were permitted to be made with payment in cash or in
3-1/8% certificates or 4-7/8$ notes, both maturing November 15, 1963
(see Table 7, footnote 18).
Consists of allotments on subscriptions from holders of Treasury certificates of indebtedness and Treasury notes maturing November 15, 1963.
Remaining footnotes on follovliig page.
.
.
.
Treasury Bulletin
AO
PUBLIC DEBT OPERATIONS,
Footnotes to Table 4
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 $4,307 million and were allotted in full. Subscriptions subject to allotment totaled $15,762 million: those up to
and including $100,000 were allotted in full; all others were allotted
21 percent but in no case less than $100,000.
50/ Issued to replace the one-year bills maturing January 15, 1964,
51/ In addition to amounts allotted to the public, $189 million was
allotted to Government investment accounts,
52/ Subscriptions for $50,000 or less were allotted in full. Subscriptions for more than $50,000 were allotted 83-1/2 percent but in no
case less than $50,000,
In addition, $125 million of the bonds was
allotted to Government investment accounts
53/ Includes $4,014 million allotted to Federal Reserve Banks and Government investment accounts of the 3-7/8^ notes.
54/ Subscriptions for $50,000 or less were allotted in full, Subscriptions for more than $50,000 were allotted 9 percent but in no case
less than $50,000.
55/ Includes $6,383 million allotted to Federal Reserve Banks and Government investment accounts of the i,% notes and $29 million of the 4-1/4^
bonds
56/ In addition to the amounts allotted to the public, there was allotted
to Government investment accounts $22 million of the 4-1/4^ bonds of
1987-92. and $4 million of the 4-1/8^ bonds of 1973.
^2/ Sale of a "strip" of Treasury bills, consisting of an additional $100
million for cash of ten series of weekly Treasury bills maturing from
October 15, 1964, to December 17, 1964.
52/ Subscriptions were permitted to be made with payment in cash or in i%
notes or 3-3/4^ notes, both maturing August 15, 1964 (see Table 7,
footnote 22),
22/ Consists of allotments on subscriptions from holders of Treasury notes
maturing August 15, 1964,
is/ 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
A9/
^1/
62/
^m
64/
6^/
6^
63/
6g/
p
-
(Continued)
circulars, totaled $1,950 million and were allotted in full. Subscriptions subject to allotment totaled $12,903 million: those up
to and including $100,000 were allotted In full; all others were
allotted 15 percent but in no case less than $100,000.
Subscriptions were permitted to be made with payment in cash or in
4-7/8% notes or 3-3/4% notes, both maturing November 15, 1964 (See
Table 7, footnote 24)
Consists of allotments on subscriptions from holders of Treasury
notes maturing November 15, 1964.
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
circulars, totaled $6,607 million and were allotted in full. Subscriptions subject to allotment totaled $15,293 million: those up
to and including $100,000 were allotted in full; all other were
allotted 16.5 percent but in no case less than $100,000.
In addition to the amounts allotted to the public, there was allotted
to Government investment accounts $322 million of the 4% bonds of
1970, $325 million of the 4-l/8f. bonds of 1974, and $55 million of
the 4-1/4% bonds of 1987-92.
Subscriptions were permitted to be made with payment in cash or in
2-5/8% bonds maturing February 15, 1965 (see Table 7, footnote 26),
Consists of allotments on subscriptions from holders of Treasury
bonds maturing February 15, 1965,
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 account
and the Federal Reserve Banks, totaled $582 million and, as provided in
the offering circulars, were allotted In full where the subscriber
made the required certification of ownership of bonds maturing
Subscriptions subject to allotment totaled $10,054
February 15, 1965,
million:
those up to and including $100,000 were allotted in full;
all othere were allotted 15 percent but in no case less than $100,000,
Includes $4,253 million allotted to Federal Reserve Banks and Governmen
investment accounts of the 4% notes and $65 million of the 4-l/i% bonds
Preliminary,
A
Jane 1965
41
PUBLIC DEBT OPERATIONS
Table 5.- Securities Issued In Advance Refunding Operations
Date issued
6/23/60
Amount
issued
(In millions)
Securities issued
3-7/8%
Note
Bond
5/15/64-D
5/15/68
3-1/2%
3-1/2%
Bond
Bond
1^15/80
3-1/2%
Bond
3-3/-;%
2/15/90
83,893
320
V
10/3/60
-
643
993
1,095
1,248
11/15/98
2,343
3-3/8%
Bond
3-5/8%
Bond
11/15/66
2,438
1,131
1,296
1,177
3/15/61
-
11/15/67
3,604
9/15/61
3/1/62
11/15/80
V
2/15/90
V
Bond
11/15/98
V
4%
Bond
8/15/71
4%
Bond
2/15/80
^
3-1/2%
Bond
-
2/15/90
V
3-1/2%
Bond
-
11/15/98
V
3-3/4%
Note
4%
Bond
'3-1/2%
Bond
3-1/2%
Bond
3-1/2%
-
8/1 5/6 7-
9/15/62
8/15/72
Treasury Bulletin
42
PUBLIC DEBT OPERATIONS
,
Table 5.- Securities Issued in Advance Refunding Operations -(Continued)
Date issued
Amount
issued
(In millions)
Securities issued
Adjustment payments
at issue (per $100
of face value)
l/
By
Treasury
3-5/8!?
Note
t960
2,275
206
2/15/67-B
845
4,287
693
3-7/8^
Bond
11/15/71 i/
532
94
196
1,515
3/15/63
3-7/8^
Bond
11/15/74 i/
136
314
251
373
1,074
17
49
2
24
IS
2/15/80 ij
Bond
195
420
210
213
1,131
3-7/8?
Bond
11/15/68
IS
Bond
8/15/73
4-1/8?
Bond
IS
U-l/Ui
9/15/63
5/15/89-94
U
Bond
8/15/70
y
Bond
5/15/75-85
V
-
l/22/6i
To
Treasijry
Effective
interest
rate 2/
Investment
yield 2/
Eligible securities exchanged
Jane 1965
A3
PUBLIC DEBT OPERATIONS
Table 5.- Securities Issued In Advance Refunding Operations
-
(Continued)
u
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 6.- Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Other Than Regular Weekly Treasury Blllsi/
(In millions of dollars)
Issue
J
lane
1965
Table 6.-
45
Treasury Bulletin
46
PUBLIC DEBT OPERATIONS
Marketable Securities
Table 6.- Allotments by Investor Classes on Subscript ions for Public
Other Than Regular Weekly Treasury B Illsi/- (Continued)
(
Issue
In millions of dollars)
47
Jane 1965
PUBLIC DEBT OPERATIONS
Table 7.- Dlpposltlon of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills
.
48
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 7.- Disposition of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills - (Continued)
Called or maturing sec\irity 1/
Date of
refunding
or retirement
Issue
date
Description
Disposition offers
by Treasury
Amount
outstanding
Cash
retirement
Exchange
security
offered
Results ^f exchange offers
Exchanged
(In millions of dollars)
Bond
2/l5/6i
2/14/58
3,854
3,854
1,154
2-5/8? Bond
2/15/65
6/15/58
6,896
6,896
ri,651
563
2-1/2? Bond
6/15/67-72
6/1/45
1,757
1,757
233
181
2-1/2% Bond
9/15/67-72
10/20/41
2,716
2,716
345
420
2-1/2? Bond
12/15/67-72
11/15/45
3,515
3,515
322
333
18,739
18,739
5,202
3%
3/1/62
b/
Total.
3/23/62
2.4.8i? Bill
3/23/62
7/26/61
3,503
3,503 8/
V15/62
2.827? Bill
i/15/62
4/15/61
2,000
2,000
y
3?
Certificate
5/15/62
5/15/61
5,509
5,509
A%
Note
5/15/62
4/14/60
2,211
2,211
2-1/4? Bond
6/15/62
6/1/45
3,963
3,963
11,684
11,684
5/15/62
Total.
6/22/62
2.705? Bill
6/22/62
9/27/61
7/16/62
2.908? Bill
7/15/62
7/15/61
Note
8/15/62
9/26/57
3-1/4? Note
8/15/62
2/15/61
4?
8/15/62
Total
9/15/62 6/
3-1/2? Certificate
2/15/63-A
2-5/8? Note
2/15/63-A
3-1/4? Note
2/15/63-E
3-1/4? Certificate -
5/15/63-B
3-1/4? Note
-
5/15/63-D
Note
-
5/15/63-B
4?
Total
9/21/62
2.896? Bill
9/21/62
3/23/62
10/1/62
1-1/2? Note
lO/l/62-EO
10/1/57
10/15/62
2.975? Bill
10/15/62
10/16/61
Footnotes at end of table.
lane
1965
49
PUBLIC DEBT OPERATIONS
Table 7.- Disposition of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills - (Continued)
D
J
.
Treasury Bulletin
50
PUBLIC DEBT OPERATIONS
Table?.- Dlpposltlon of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills
Called or maturing security 1/
Date of
refunding
or retirement
Issue
date
Description
Disposition offers
by Treasury
Amount
outstanding
Results of exchange offers
Exchange
security
offered
Cash
retirement
(Continued)
-
Exchanged
Description of new
security offered
(See also Table i)
Turned
in for
cash 2/
(In millions of dollars)
3-7/8% Bond
Bond
4%
_4-l/3% Bond
1-7/3% Bond
Bond
4%
U-1/8% Bond
^3-7/8% Bond
Bond
] 4%
l_4-l/8% Bond
620
500
375
194
214
125
777
782
317
11/15/68
8/15/73
5/15/39-94 11/
11/15/63
8/15/73
5/15/89-94 11/
11/15/68
8/15/73
5/15/89-94 11/
3-1/4% Certificate
5/15/64-B
5/15/63
5,693
5,693
4-3/4% Nite
5/1 5/64-*
7/20/59
4,933
4,933
3-3/4% Note
5/1 5/64-
6/23/60
3,893
3,893
3,597
3,597
621
14
'4%
11/15/60
Bond
_4-l/8% Bond
8/15/73
5/15/39-94
U/
'4%
4,454
4,454
340
105
Bond
^4-1/8% Bond
8/15/73
5/15/89-94
n/
4,287
f 721
'4%
4,287
8/15/73
5/15/89-94 11/
3-3/4% Bond
5/15/66
9/15/63 6/
4%
Note
3-5/8% Note
8/15/66-A
2/15/67-B
2/15/62
3/15/63
(
1
3-3/4% Note
8/15/67-A
9/15/62
5,282
32,139
10/1/63
1-1/2% Note
10/1/63-EO
10/1/58
506
10/15/63
2.969% Bill
10/15/63
10/15/62
2,500
Bond
4%
4-1/3% Bond
f 716
5,232
j^
Total
Bond
4-1/3% Bond
91
132
8/15/73
5/15/89-94 11/
1,591 of 3-7/8% Bond
3,394 of 4% Bond
1,260 of 4-1/8% Bond 11/
6,746
32,139
-
506
2,500 12/
r
3-1/8% Certificate
11/1 5/63-
11/15/62
4,554
4,554
4-7/8^ Note
11/15/63-C
11/15/59
3,011
3,011
3,823
731
542
2,470
I
11/15/63
3-7/8% Note
5/15/65-C
I
Tital
1/15/64
7,565 18/
7,565
3.015% Bill
11/15/64
1/15/63
2,496
3-3/4% Note
8/15/64-E
8/1/61
5,019
4,365
3,201 12/
2,496 20/
694
Bond
4%
4-1/4% Bond
8/15/70 11/
5/15/75-85 11/
Bond
Bond
8/15/70 11/
5/15/75-85 11/
Bond
4%
4-1/4% Bond
8/15/70 11/
5/15/75-85 11/
Bond
4%
4-1/4% Bond
8/15/70 11/
5/15/75-85 11/
53
Bond
4%
4-1/4% Bond
8/15/70 13/
5/15/75-85 11/
221
76
4%
Bond
4-1/4% Bond
8/15/70 11/
5/15/75-85 11/
239
5%
Note
3-3/4% Note
8/15/64-B
11/15/64-F
10/15/59
8/15/63
165
106
2,316
4%
{:4-1/4%
278
158
6,398
.21/
1/22/64 6/ .4-7/8% Note
11/15/64-C
2/15/60
4,195
211
117
2-5/8% Bond
2/15/65
6/15/58
4,682
654
4-5/8% Note
5/15/65-A
5/15/60
Total.
3-1/4% Certificate
^15/64
3%
Bond
2/15/64-A
2/15/64
2/15/63
2/14/58
2,113
24,723
4,000
750
6,741
6,741
1,634
1,634
n/
8,376
8,376
3/23/64
3.537% Bill
3/23/64
10/15/63
2,001
4/1/64
1-1/2% Note
4/1/64-EA
4/1/59
457
457
4/15/64
3.062% Bill
4/15/64
4/15/63
2,501
2,501
Footnotes at end of table.
2,001 8/
(Continued on following page)
2,223 of 4% Bond 11/
748 of 4-1/4% Bond 11/
2,972
n.,082
124
r3-7/8% Note
Note
[4%
-
8/13/65-D
8/15/66-A 11/
666
728
240
f3-7/8% Note
Note
|4%
-
8/13/65-D
8/15/66-A 11/
8,012
363
r5,536
{
Total.
J
[6,202 of 3-7/8% Note
[1,810 of 4% Note 11/
Jane 1965
51
PUBLIC DEBT OPERATIONS
Table 7.- Disposition of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills - (Continued)
52
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 7.- Disposition of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills - (Continued)
.
June 1965
53
PUBLIC DEBT OPERATIONS
Footnotes to Table 7
Source:
Bureau of the Public Debt. Preliminary figures are from subscription and allotment reports; final figures arc on "clearance
basis" in daily Treasury statement.
1/ Original call and maturity dates are used.
All by investors other than Federal Reserve Banks.
2/ Rolled over into a one-year bill (see Table 4).
Holders of the maturing certificates 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 3-1/4^
notes offered in the amount of around $6.9 billion. For detail of
offering, see Table 4.
Excess of maturing 4-7/8% certificates over allotments of new
securities on subscriptions from holders of those certificates (see
Table 4, footnotes 6 and 7).
Advance refunding offering. Pursuant to the provisions of section
1037 (a) of the Internal Revenue Code of 1954 as added by Public Law
86-346, approved September 22, 1959, the Secretary of the Treasury
has declared that no gain or loss shall be recognized for Federal
income tax purposes upon the exchange of the eligible outstanding
securities solely for the new securities. For tax purposes, therefore, the investor will carry the new securities on his books at the
same amount as he had been carrying the eligible securities exchanged.
Gain or loss, if any, upon the securities surrendered in exchange
will be taken into account upon the disposition or redemption of the
new securities.. See also Table 5,
2/ From M'lrch 20 through March 22, 1961, owners of 2-1/ iS bonds of June
15, 1959-62, 2-1/4% bonds of December 15, 1959-62, 2-5/8% notes
maturing February 15, 1963, and 2-1/2% 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, 1067,
and the last for a new 3-3/8/8 bond due November 15, 1966. Exchanges
were subject to allotment if subscriptions exceeded $5 billion for
the bonds of 1967 or $3 billion for the bonds of 1966.
8/ Tax anticipation issue; for detail of offerings beginning 1961, see
Table 4; for amounts redeemed for taxes and for cash see "Note" below.
2/ 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 $2,500 million
offering of 3-1/4% notes. For detail of offering, see Table 4.
10/ Excess of maturing 4-3/8% certificates and 3-5/8% notes over
allotments of new securities on subscriptions from holders of those
certificates and notes (see Table 4, footnotes 12 and 13).
11/ Reopening of an earlier issue.
12/ $1,569 million was redeemed for cash and $168 million was exchanged
for the tax anticipation bills dated March 23, 1962 (see Table 4).
Holders of the maturing notes were not offered preemptive rights to
exchange their holdings, but were pemiitted to present them in
payment or exchange, in whole or in part, for the $6,500 million
offering of 3-1/2% certificates, the $1,500 million offering of
4% bonds, or the $750 million offering of 4-1/4% bonds. For detail
of offering, see Table 4.
Excess of maturing 4% notes and 3-1/4% notes over allotments of new
securities on subscriptions from holders of those notes (see Table 4,
footnotes 27 and 28).
From
September 10 through September 12, 1962, owners of securities
12/
maturing February 15, 1963 (3-1/2% certificates, 2-5/8% notes,
3-1/4% notes), and May 15, 1963 (3-1/4% certificates, 3-1/4% notes,
4% notes) were granted the option of exchanging their holdings,
subject to allotment if subscriptions exceeded the offering limits
of $6 billion for the notes and $3 billion for the bonds.
Called on August 14, 1962, for redemption on December 15, 1962.
12/ Holders of the maturing one-year bills were offered the option to
exchange the bills for the tax anticipation bills dated October 15,
1963 (see Table 4, footnote 45).
18/ Holders of the maturing certificates and notes were not offered
preemptive rights to exchange their holdings, but were permitted to
19/
20/
21/
v
u
U/
w
22/
22/
24/
25/
present them in payment or exchange, in whole or in part, for the
$7,600 million offering of 3-7/8% notes. For detail of offering, see
Table 4.
Excess of maturing 3-l/S% certificates and 4-7/8% notes over allotments of new securities on subscriptions from holders of those
certificates and notes (see Table 4, footnotes 47 and 48),
Tax anticipation bills issued to replace the maturing one-year bills
(see Table 4, footnote 50).
From January 13 through January 17, 1964, owners of securities
maturing August 15, 1964 (3-3/4% notes and 5% notes), November 15,
1964 (3-3/4% notes and 4-7/8% notes), February 15, 1065 (2-5/8% bonds),
and May 15, 1965 (4-5/8!» notes) were granted the option of exchanging
their holdings subject to allotment if subscriptions exceeded the offering limits of $4 billion for the 4% bonds and $750 million for the
4-1/4% bonds. Subscriptions to the 4-1/4% bonds exceeded the limitation. For allotment details see Table 4, footnote 52.
Holders of the maturing 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 3-7/8% notes
offered in the amount of about $4.0 billion. For detail of offering,
see Table 4.
Excess of maturing 5% notes and 3-3/4% notes over allotments of new
securities on subscriptions from holders of those notes (see Table 4,
footnotes 59 and 60).
Holders of the maturing 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 4% notes offered in the
amount of about $9 I/4 billion. For detail of offering, see Table 4.
Excess of maturing 4-7/8% notes and 3-1/4% notes over allotments of
new securities on subscriptions from holders of those notes (see Table
4, footnotes 62 and 63)
Holders of the maturing bonds 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 4% notes offered in
the amount of about $2,170 million. For detail of offering, see
Table 4.
27/ Excess of maturing 2-5/8% bonds over allotments of the new security
on subscriptions from holders of those bonds (see Table 4, footnotes
66 and 67).
Preliminary.
n.a.
Not available.
p
26/
Note:
Information on retirement of tax anticipation issues referred to
in millions of dollars:
in footnote 8,
Treasury Bulletin
54
PUBLIC DEBT OPERATIONS
Table 8.- Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
Jane 1965
55
PUBLIC DEBT OPERATIONS
Table 8.- Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U. S. Dollars)
Treasury Bulletin
56
PUBLIC DEBT OPERATIONS,
Table 8.- Foreign Series Securities (Nonmarke table)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.
S.
Dollars)
Jane 1965
57
PUBLIC DEBT OPERATIONS.
Table 8.- Foreign Series Securities (Nonmarketablel
Issued to Official Inetltutlonp of Foreign Countries - (Continued)
(Payable in 0. S. Dollars)
Month of
Treasury Bulletin
58
PUBLIC DEBT OPERATIONS
Table 8.- Foreign Serlep Securltlep (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
Jane 1965
59
PUBLIC DEBT OPERATIONS
Table 9.- Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
Month of
activity
.
.
,
Ireasury Bulletin
60
PUBLIC DEBT OPERATIONS
Table 9.- Foreign Currency Series Securities (Nonmarke table)
Issued to Official Institutions of Foreign Countries - (Continued)
Amount
[Dollar equivalent)
Month of
activity
Issue
date
Payable
Security
in
—
Maturity
date
Interest
rate
Issued
Retired
Total outstanding
end of month
(In millions of dollars)
Italian lire
1964.-April..
3.27
3.30
3.69
4^1/6^
10/1/65
11/1/65
12/1/65
1/1/66
4/24/64
7/26/65
4.04
4.05
4.06
4.07
3.13
3.93
5/25/6i
5/25/64
9/27/65
8/25/65
2.82
3.84
3.37
i/1/63
7/1/64
7/1/64
10/1/65
2.82
3.81
1/1/bU
7/1/64
3.83
3.84
3.85
3.18
3.77
50
50
50
1/24/63
7/24/64
2/1/66
3/1/66
4/1/66
7/24/64
5/2/66
Bonds
Vl/64
Vl/64
German marks
1/2^/63
May.
.
\mi
Swiss francs
..
Swiss francs
July.
25
75
3/29/63
6/28/63
9/30/63
3/29/65
6/28/65
9/30/65
German marks
50
50
50
50
50
50
50
30
22
50
Swiss francs
8/4/64
9/7/65
3.67
52
Sept.
Bonds
Swiss francs
4/4/63
9/4/64
9/4/64
2/4/66
2.83
3.87
23
Bonds
Austrian
schillings
4/26/63
10/26/64
10/26/64
4/26/66
3.23
3.90
25
Certificates of indebtedness
Swiss francs
10/31/63
10/30/64
3.54
Bonds
Swiss francs
10/30/64
12/31/65
3.87
30
Bonds
German marks
10/30/64
6/1/66
3.90
50
{German marks
2/14/63
11/16/64
11/16/64
7/1/66
3.09
3.93
50
5/16/63
11/16/64
11/16/64
5/16/66
2.82
3.92
23
7/1/63
1/1/65
1/1/65
7/1/66
2.89
3.99
25
2/14/63
2/15/65
2/15/65
8/1/66
3.14
4.04
50
2/23/65
8/23/66
4.09
25
3/3/65
9/6/66
4.11
25
3.61
4.02
3.26
4.08
3.22
4.09
Bonds
1965- Jan
Bonds
Swiss francs
(Ge
German marks
[Austrian
schillings
I
Apr.
May
Source:
1,035
23
1,035
25
1,086
30
50
.
Swiss francs
Mar,
983
50
Bonds
Nov.
832
30
70
Aug..
Oct
762
.
.
Austrian
schillings
.
.
{
Bonds
Swiss francs
1/20/64
4/20/65
4/20/65
7/20/66
Bonds
Belgian francs
5/16/63
5/16/65
5/20/63
5/20/65
5/16/65
5/16/67
5/20/65
5/22/67
Daily Treasury statement.
Information in this table covers transactions from inception through May 31, 1965.
1,086
23
25
\
1,086
50
.
1,112
1,137
23
23
}'• 137
20
20
10
10
1,137
June 1965
61
.UNITED STATES SAVINGS BONDS.
Series E and H are the only savings bonds currently
being sold.
Series E has been on sale since May
1,
19''^1<
30,
1952. Series J and K were sold from May 1,
1952 through
April 30, 1957. Details of the principal changes In Issues,
Series
Interest yields, maturities, and other terms appear In the
A-D were sold from March 1, 1935, through April 30, 1$^!.
Treasury Bulletins of April 1951, May 1952, May 1957, Octo-
and Series H has been on sale since June 1, 1952-
Series F and G were sold from May
1,
19'+!.
through April
ber and December 1959,
ai^d
May and October 196I.
Table 1.- Sales and Redemptions by Series, Cumulative through May 31, 1965
(In millions of dollars)
,
,
..
.
:
Treasury Bulletin
62
.UNITED STATES SAVINGS BONDS.
Table 3.- Sales and Redemptions by Periods, Series E through K
(In millions of dollars)
Redemptions 1/
Period
Sales ly
Accrued
discount
Sales plus
accrued
discount
Sales
price
Total
^
Amount outstanding
Accrued
discount 2/
Interes t-bearing
debt
40,929
41,498
42,142
42,716
42,715
43,806
44,955
46,359
47,737
Matured
noninte restbearing debt
Series E and H combined
Fiscal years:
1941-1956
1957
1958
1959
94,761
5,746
5,831
5,680
5,501
5,717
5,753
5,904
6,114
53,832
5,176
5,187
5,107
5,502
4,627
4,603
4,500
4,736
50,038
4,444
4,432
4,310
4,616
3,906
3,873
3,759
3,982
3,794
732
755
797
886
56,228
5,469
4,856
5,519
4,996
4,484
4,636
4,557
4,841
52,105
4,686
4,129
4,636
4,202
3,781
3,882
3,823
4,061
4,122
783
727
883
794
703
754
733
1,491
97,625
5,649
5,867
5,489
5,574
5,832
5,650
6,164
6,101
780
41,398
41,578
42,589
42,559
43,137
44,485
45,499
47,106
48,366
387
364
35B
144
113
125
531
424
477
483
382
402
357
325
338
67
58
64
47,844
47,938
48,019
October,
November,
December,
367
348
372
114
114
136
481
378
331
316
278
61
463
508
396
331
66
48,123
48,254
48,366
1965-January,
February.
March. ...
431
394
144
119
121
575
513
490
417
394
345
381
96
77
48,452
48,547
48,624
384
340
78
68
48,670
48,733
15,239
3,605
3,235
2,063
2,921
1,129
1,059
722
400
500
169
116
74
128
16,568
13,124
9,842
7,787
4,829
3,709
2,652
1,955
1,563
16,692
3,982
2,318
3,122
1,646
1,058
909
434
333
565
84,463
4,613
4,670
4,506
4,307
4,464
10,298
1,133
4,421
1,331
4,518
4,656
1,386
1,458
86,763
4,507
4,689
4,320
4,350
4,539
4,278
4,760
4,609
10,863
1,143
1,178
1,169
1,224
1,293
1,372
1,404
Months
1964-July
August, ,
September
1960
1961
1962
1963
1964
Calendar years
1941-1956
1,161
1,174
1,194
1,254
721
731
742
754
:
1957..
1953
1959
I960
1961
1962
1963
1964
:
April
May
414
391
356
117
116
535
453
507
462
408
472
53
72
Series F, G, J, and K combined 4/
Fiscal years:
1941-1956,...
1957,. :,,.....
1958
1959
1960
31,683
268
937
83
65
54
32,619
352
1961
32
1962
1963
1964
27
22
65
54
46
32
27
22
13
18
980
74
32,833
Calendar years:
1941-1956
1957
1958
1959
I960
46
31,853
98
58
52
38
29
25
19
1961
1962
1963
1964
16
Months
1964-July
August,
September
,
172
58
52
38
29
25
19
16
y
15,739
3,774
3,350
2,137
3,049 6/
1,188 7/
1,110 8/
771
2/
426 2/
17,257
4,153
2,395
3,246
1,732
1,108
963
462
410
V
6/2/
7/8/
8/2/
2/
42
27
29
59
51
49
27
1,721
1,368
40
26
27
2
2
1,528
1,506
1,483
122
117
113
2
2
2
1,459
1,438
1,368
109
106
147
3
126
116
106
102
1
39
28
30
37
27
28
2
2
1,352
1,334
1,311
27
25
24
2
2
1,289
1,268
Footnotes at end of Table 4.
(Continued on following page)
681
27
1965-January.
February.
March.
25
127
28
86
30
.
1U
50
55
125
28
22
27
April..
May
257
222
196
698
655
468
348
318
316
188
147
77
30
24
.
331
303
14,895
10,896
8,603
5,594
4,022
2,973
2,036
171
October,
November,
December,
.
312
335
111
,
,
,,.
.
:
,
Jane 1965
63
.
UNITED STATES SAVINGS BONDS.
Table 3.- Sales and Redemptions by Periods, Series E through K
-
fContlnued)
(in millions of dollars)
Redemptions X/
Sales
Fiscal years
1941-1956.
1957
1958
1959
1960
V
Accrued
discount
Sales plus
accrued
discount
Total
Sales
price
^
Accrued
discount 2/
Exchanges of
E bonds for
H bonds
Amount
outstanding
(interestbearing debt)
:
81,238
3,919
3,889
3,688
3,603
3,689
3,674
3,914
4,136
10,298
1,133
1959
1960
83,176
3,875
3,802
3,598
3,632
94,038
5,018
4,979
4,767
55,951
5,220
4,658
5,225
4,8'i6
1961
3,711
1962
1963
3,624
4,185
4,132
10,863
1,143
1,178
1,169
1,224
1,293
1,372
1,404
1,491
5,623
4,729
4,249
4,349
4,229
4,425
4,342
3,935
3,546
3,595
3,495
3,646
1U
488
442
447
387
346
359
320
289
295
67
113
125
447
433
474
341
280
244
297
61
338
114
114
136
66
13
383
144
527
361
96
21
358
375
119
311
72
16
40,789
40,866
121
477
496
457
383
413
336
77
17
40,932
355
327
117
471
425r
347
78
16
40,962
116
443
367
300
15
41,023
3,225
694
782
818
704
775
747
6O4
3,225
694
782
818
704
775
747
604
194
196
236
217
322
233
260
298
521
521
373
236
217
322
233
260
298
373
3,587
3,587
631
631
887
722
718
828
654
575
477
887
722
718
828
654
575
477
277
248
198
294
267
235
287
328
416
September
42
35
36
42
35
36
October,
November.
December.
34
30
34
1965-January.
February.
March
48
36
1961
1962
1963
196/V
Calendar years
1941-1956
1957
1958
1,161
1,174
1,194
1,254
1,331
1,386
1,458
91,536
5,052
5,049
4,862
4,797
4,943
5,005
5,300
5,594
53,638
4,981
4,951
4,889
5,181
4,394
4,343
4,203
4,363
49,844
4,248
4,196
4,092
4,295
3,673
3,613
3,794
732
755
797
886
201
721
731
188
219
3,461
742
754
206
37,898
37,969
38,067
38,040
37,456
37,817
38,260
39,166
40,190
278
212
199
208
198
38,087
37,885
38,206
37,748
37,597
38,140
38,587
39,740
40,739
19
16
14
40,272
40,352
40,425
15
12
40,517
40,640
40,739
3,609
191
:
196i
Months
1964-July
August, .,
September
5,003
4,996
5,589
51 ,829
4,437
3,931
4,122
783
727
883
794
703
754
733
780
:
October,
November,
December,
1965-January. ,
February.
March, .
.
April
, .
.
Ma>
Fiscal years :
1952-1956.
1957
1958
1959
1960
1961
1962
1963
1964
Calendar years
1952-1956
1961
1962
1963
1964
April.
May
Source
,
321
333
318
297
362
58
64
53
3,031
194
196
206
3,529
4,075
4,676
5,259
5,989
6,695
7,193
7,546
277
248
198
294
267
235
287
328
416
278
212
199
208
198
3,310
3,693
4,383
4,811
5,540
6,345
6,912
7,367
7,627
37
36
43
37
36
43
19
16
14
7,571
34
30
34
37
34
34
37
34
15
12
7,606
7,614
7,627
48
33
36
39
34
201
188
219
191
:
1957
1958
1959
1960
Months:
1964-July
August ,
345
329
,
.
39
36
29
36
29
Daily Treasury statement; Office of Debt Analysis in the Office
of the Secretary.
U
36
41
7,586
7,594
34
13
33
34
21
7,662
7,681
44
16
17
7,692
36
41
16
15
7,707
7,711
Footnotes at end of Table 4,
..
Treasury Bulletin
64
.UHITED STATES SAVINGS BONDS.
Table 4.- Redemptions of Matured and Unmatured Savings Bonds
(In millions of dollars)
Unmatured
Matured
Period
Unclassified
Total 1/
Total
Fiscal years:
1951
1952
1953
195i
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
6,137
5,109
5,621
6,515
7,251
7,846
8,958
8,544
7,249
8,557
5,819
5,716
5,273
5,164
Series E
and H
817
38
792
1,761
2,747
3,941
4,263
4,115
3,730
3,621
4,126
2,673
2,593
2,250
2,057
702
1,128
1,487
1,826
1,917
1,971
1,906
1,996
2,304
1,733
1,668
1,593
1,754
Calendar years;
5,651
5,074
6,149
6,985
7,301
8,264
9,630
7,255
8,772
6,732
5,595
5,602
5,021
5,252
772
1,015
2,318
3,171
4,230
4,246
466
175
410
431
168
157
155
148
October.
November.
December,
408
356
426
199
165
137
182
147
120
1965-January.
February.
March. . .
529
446
488
171
206
265
150
174
243
489
433
189
145
167
131
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
Months:
1964-July
August...
September
April.
May
.
..
4,156
3,393
4,701
3,033
2,555
2,387
2,043
2,171
181
254
968
1,328'
1,500
2,047
1,891
2,084
1,691
2,433
1,944
1,633
1,656
1,617
1,889
Other
779
Series E
and H
.
.
,
Jane 1965
65
.OWNERSHIP OF FEDKRAL SECURITIES.
Table !•- 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
End of
fiscal
year or
month
Held by U. S. Government
investment accounts 2/
Total
outstanding
i/
Total
Public
issues
Special
issues
270,634
276,444
284,817
286,471
268,486
274,698
281,833
283,241
55,501
55,842
54,554
55,259
8,674
9,596
9,799
10,360
46,827
46,246
44,756
289,211
298,645
306,466
312,526
285,672
294,442
301,954
307,357
56,002
56,296
58,206
60,964
310,089
305,213
312,004
314,938
316,496
October,
November.
December.
1965-January.
February.
March. ...
1957
1958
1959
I960
,
1961
1962
1963
,
,
1964
,
1963-Deceiiiber.
1964- July
August.
September.
,
.
.
.
April.
May
. . .
Held by private
investors ^/
Held by
Federal
Reserve
Banks public
issues
2/
Held by
Public
marketable
issues
Public
nonmarketable
issues
Total
U. S,
outGovernment
standing investment
accounts
Held by
private
investors
2/
Matured
debt
and
debt
bearing
no
interest
2/
139,949
193,418
201,235
201,459
127,179
134,593
144,983
149,546
62,770
58,825
56,252
51,913
106
101
110
139
50
56
54
63
79
46
U,899
23,035
25,438
26,044
26,523
60
2,042
1,646
2,873
3,090
10,959
11,357
13,405
14,337
45,043
a, 939
44,801
46,627
27,253
29,663
32,027
34,794
202,417
208,483
211,721
211,598
151,392
157,418
160,361
159,575
51,025
51,065
51,360
52,023
240
87
444
605
812
167
165
159
153
277
440
653
3,300
3,759
3,907
4,357
57,796
14,137
43,658
33,593
213,825
162,089
51,735
741
134
55''
4,134
306,855
309,625
311,122
59,755
61,643
61,663
14,018
14,201
14,296
45,737
47,441
47,367
35,051
35,164
35,350
212,049
212,819
214,109
159,924
52,125
52,274
52,558
820
847
835
164
172
656
687
713
4,330
4,465
4,438
316,456
319,320
318,750
311,217
314,023
313,553
60,355
60,996
60,437
14,098
14,332
46, 257
52,627
52,730
820
833
162
171
657
662
14, 361
37,044
215,153
216,253
216,073
162, 527
46,664
46,076
35,709
36,774
171
637
4,419
4,464
4,388
318,646
320,575
318,416
313,677
315,545
313,332
58,915
60,244
14,680
14,674
44,235
45,570
36,741
36,907
218,020
218,394
52,815
52,898
14,846
45,659
37,591
215,236
52,955
717
146
154
156
513
536
60,505
165,205
165,496
162,282
317,213
319,823
312,209
314,166
59,028
62,537
U,626
U,4D2
14,703
47,833
37,754
38,686
215,427
212,943
162,283
159,776
53,144
53,167
655
604
138
141
Daily Treasury statement for total amounts outstanding; reports
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.
Includes certain debt not subject to statutory limitation. For amounts
subject to limitation, see page 1.
Includes accounts under the control of certain U. S. Government agencies
Source:
1/
Interest-bearing securities guaranteed by the U.S. Government Z^/
J/
^
160,
5U
161,550
163,523
163,264
52,808
659
690
161
47
561
4,311
4,340
4,367
517
463
4,349
5,053
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 securities held outside the Treasury. All are
public marketable issues
Table 2.- Net Market Purchases or Sales of Federal Securities for
Investment Accounts and Other Accounts Handled by the Treasury;/
66
Treasury Bulletin
June 1965
67
.TREASDEI SDH/EY OF OWNERSHIP, APRIL 30, 1965,
The monthly Treasury Survey of Ownership covers securities issued by the United States Government and by FedThe banks and Insurance companies included
eral agencies.
in the Survey currently account for about 90 percent of all
The similar
such securities held by these institutions.
proportion for corporations and for savings and loan associations is 50 percent, and for State and local governments,
Data were first published for banks and in70 percent.
surance companies in the May 19^1 Treasury Bulletin, for
Section
I
-
corporations and savings and loan associations in the September I960 Bulletin, and for State and local governments
in the February 1962 Bulletin.
Holdings by commercial banks distributed according to
Federal Reserve member bank classes and nonmember banks are
published for June 30 and December 31. Holdings by corporate pension trust funds are published quarterly, first
appearing in the March 1954. Bulletin.
Securities Issued or Guaranteed by the United States Government
Table 1.- Summary of all Securities
(Par values - in millions of dollars)
Classification
:
Treasury Bulletin
68
SUWET OF OWNERSHIP, APRIL
.TREASDKT
30,
1965.
Section I - Securities Issued or Guaranteed by the United States Government
Table 3.- Interest-Bearing Public Marketable Securities by Issues
{Par values - millions of dollars)
Held by investors covered in Treasury Survey
State and local
governments
Insurance companies
Total
amount
outstanding
Issue
Treasury bills
Regular weekly and annual
maturing:
May
1965 - July 1965.
5,991
commercial
501
banks
mutual
savings
banks
2/i/
2/
297
life
A8Z fire,
casualty,
and
marine
i88
savings
and loan
associat
i69
corporations
ions
^
m
316
pension
general and refunds
tirement
funds
S. Government investment accounts
and Federal
Reserve Banks
U.
;
Aug.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
19fa5 - uct.
1965.
,,..,,...,
1965
1965
1966
1966
1966
1966
.lay
A
A
3-5/3
3-3/4
1-1/^
1-1/^
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.
liov.
Feb.
Aug.
uct.
Apr.
Oct.
Apr.
uct.
Apr.
uct.
Apr.
Uct.
Apr.
3
3-3/8
2-1/2
2-1/2
3-5/8
2-1/2
3-7/8
3-3/4
3-7/8
4
4
4
4
4
3-7/8
4
4
4
4-1/8
4-1/8
4-1/4
3-7/8
4-1/4
3-1/4
Aug.
Hov.
June
Sept.
Nov.
Dec.
May
Aug.
Nov.
Feb.
Oct.
Feb.
Aug.
Aug.
Nov.
Feb.
Aug.
Aug.
Nov.
Feb.
May
Nov.
May
June
1,001
186
1,003
181
1
,000
1
,001
203
177
197
197
253
162
9
22
13
16
4
51
170
117
12
11
2
2
13
51
3,244
1,403
118
117
1
4
2
5
26
135
70
80
148
2
7
171
100
73
20
1
1
192
6
1,582
1,916
45
34
253
158
1
4,954
2,324
136
59
143
114
122
2b7
52
:
1965-A
1965-C
1965-D
1965-E
1965-B
1966-C
1966-B
1966-D
1966-A
1966-E
1967-B
1967-A
1965-£u....
1966-EA....
1966-Eu
1967-EA
1967-Eu
1968-EA
1968-Eu
1969-EA
1969-EU
1970-EA
Total Treasury notes
Treasury ponds
2-1/2* June
2-1/2
Dec.
2-1/2
June
2-1/2
Dec.
2-1/2
Mar.
2-1/2
Mar.
May
3-3/4
2,441
1,001
Total Treasury bills
A
3,849
31
1,000
Tax anticipation
June 1965
Treasury notes:
i-5/8^ May
3-7/8
May
3-7/8
Aug.
Nov.
4
3-1/2
t>ov.
3-7/8
Feb.
Feb.
3-5/8
,634
16,022
1962-67
1963-68
1964-69
1964-69
1965-70
1966-71
1966
1966
1966
1967-72
1967-72
1967
1967-72
1968
1968
1968
1969
1969
1970
1970
1971
1971
1972
1972
1973
1973
1974
1974
1974
1975-85
1978-83
Footnotes at end of Table 4.
3,263
443
56,925
7,878
,816
,620
,268
,099
,617
,597
,195
,519
,156
,254
,358
,929
315
675
357
270
457
212
115
61
159
515
1,224
1,533
714
712
398
936
1,71b
1,892
796
1,105
1,505
133
279
157
120
215
95
27
48
23
10
12
92
127
63
16
27
709
693
571
12
9
53
36
156
257
111
6
3
35
9
16
30
27
40
23
7
9
70
31
307
4,088
4,023
6,309
6
6
70
Ibb
1
14
1
2
1
2
11
77'
45
88
43
47
93
35
35
20
25
41
124
91
84
63
39
1
101
4
3
142
74
38
40
78
295
2,119
l,bb3
4
531
306
319
97
3
8
79
1,893
389
b,445
1,657
131
7
7
2
90
320
94
152
29
107
178
145
223
112
277
124
13
23
100
637
4
105
136
143
96
541
279
623
53
8
593
11
1
878
230
984
22
34
3
42
41
21
566
377
633
32
4
122
15
35
891
843
41
67
88
36
60
51
33
31
,579
,894
,357
,130
,532
49
1
24
65
156
152
103
,218
,584
,3U
3
8
2
2
2
2
70
54
,129
,806
,760
3,210
3
,2U
,261
,381
413
2
1,768
734
717
2,217
2,289
1,427
934
966
788
687
1,116
1,970
1,333
449
305
,8U
5,472
5
1
1_
,431
,591
5,310
44
50
14,157
,284
,952
,019
,706
,460
,747
360
1
2
,851
211
290
21
12
48
55,051
,792
,598
,536
,412
,400
,688
,024
1,307
176
25
483
191
140
179
116
109
139
149
41
58
53
108
108
141
7
27
36
73
21
231
77
115
260
172
150
28
43
16
52
38
172
161
35
73
53
31
89
95
71
78
55
48
56
70
59
26
146
137
149
89
98
97
24
13
32
160
83
b
3
50
124
25
19
17
19
20
46
14
25
33
19
42
58
188
238
178
67
70
26
29
(Continued on following page)
49
137
40
57
131
116
127
93
156
122
124
154
150
159
20
106
19
35
92
39
27
25
81
65
50
81
2b, 345
Ibl
15
26
47
55
36
224
477
553
784
387
258
5b
4
3
3
14
17
63
5
46
27
35
11
80
80
173
80
87
49
37
225
100
5
59b
224
438
532
60
189
488
365
367
594
55
33
19
1
121
41
7
15
88
13
2
8
7
4
2
40
51
50
1
51
80
lib
4b
79
159
155
81
85
41
11
5
11
U
3
38
15
42
52
38
145
48
40
43
26
103
111
71
219
221
371
55
215
124
361
242
484
445
159
395
96
665
375
190
June 1965
69
.TEEASUHI SUHVEY OF OWNERSHIP, APRIL 30, 1965,
Section I - Securities Issued or Guaranteed by the United States Government
Table 3.- Interest-Bearing Public Marketable Securities by Issues - (Continued)
70
Treasury Bulletin
\
Jane
1965
71
MARKET QUOTATIONS ON TREASURY SECURITIES, MAY 28, 1965
Current market quotations shown here are over-thesounter closing bid quotations In the New York market
'or
;he
the last trading day of the month, as reported to
Treasury by the Federal Reserve Bank of New York.
The securities listed Include all regularly quoted public
marketable securities Issued by the United States Treasury.
Outstanding Issues »4ilch are guaranteed by the United
States Goverrjnent are excluded.
Table 1.- Treasury Bills
Amount outstanding
{millions)
72
une 1965
73
,
UJ
u
00 i
O
MARKET QUOTATIONS ON TREASURY SECURITIES, MAY 2g, 1965
o
o
o
o
CJ
o
CO
lO
to
oi
.
o
s
..
.,.
s
s
3
w
Ireasury Ballet
74
AVERAGE YIELDS OF LON&-TEFM BONDS,
Table 1.- Average Yields of Treasury and Corporate Bonds by Periods
(Percent per annum)
Period
s Aaa
corporate
bonds
Moody'
Treasury
bonds 1/
Treasury
bonds 1/
Period
s Aaa
corporate
bonds
Moody'
Moody s Aaa
corporate
bonds
'
Treasury
bonds 1/
Period
Annual series - calendar year averages of monthly series
2.83
2.73
2.72
2.62
2.53
2.61
2.82
2.66
2.46
2.47
2.48
2.37
2.19
2.25
2.44
2.31
1942,
19i3.
19«.
19i5.
1946.
1947,
1948.
1949.
1957
1958
1959
I960
1961
1962
1963
1964
2.62
2.86
2.96
3.20
2.90
3.06
3.36
3.89
2.32
2.57
2.68
2.94
2.55
2.84
3.08
3.47
1950.
1951.
1952.
1953.
1954.
1955.
1956.
3.79
4.38
4.41
4.35
4.33
4.26
4.40
3.43
4.08
4.02
3.90
3.95
4.00
4.15
Monthly series - averages of daily series
Treasxuy
bonds 1/
Moody' 3
Aaa
corporate
bonds
Moody' 3
Aaa
corporate
bonds
Treasury
bonds 1/
Moody
Aaa
corporate
bonds
'
'
Treasury
bonds 1/
1964
1962
1960
1956
Moody
Aaa
corporate
bonds
Treasury
bonds 1/
y
2.88
2.85
2.93 2/
3.07
2.97
2.93
3.11
3.08
3.10
3.24
3.28
3.27
3,24 2/
3,28
3,25
3.12
3.14
3.20 2/
3.60
3.59
3.63
3.60
3.57
3.57
4.37
4.22
4.08
4.18 2/
4.16
3.98
4.61
4.56
4.49
4.45
4.46
4.45
4.08
4.09
4.01
3.89
3.88
3.90
4.42
4.42
4.39
4.33
4.28
4.28
4.15
4.14
4.18
4.20
4.16
4.13
4.37
4.36
4.38
4.40
4.41
4.41
2.47
2.48
2.52
2.54
2.57
2.59 2/
2.89
2.87
2.89
2.87
2.89
2.90
3.00
3.17
3.21
3.20
3.30
3.40
3.28
3.43
3,56
3.59
3.69
3.75
3.36
3.60
3,75
3.76
3.70
3.80
3.67
3.85
4.09
4.11
4.09
4.08
3.86
4.41
4.28
4.25
4.30
4.31
4.35
4.02 2/
3.98
3.94
3.89
3.87
3.87
4.34
4.35
4,32
4.28
4.25
4.24
4.13
4.14
4.40
4.41
4.42
4.42
4.43
July
August. . .
September,
October. .
November.
December.
2.48
2.54
2.55
1
1955
1957
January. .
February,
March
April
May
June
2.68 2/'
2.78
2.78
2.82
2.81
2.82
2.93
2.99
3.02
3.01
3.04
3.05
July
August, . .
September.
October.
November.
December.
2.91
2.95
2.92
2.87
2.89
2.91
3.06
3.11
3.13
3.10
3.10
3.15
Period
Treasury
bonds 1/
3.06
2.95
2.86
2.85
2.88
2.90
2,6e
2,62
2.53
.
Moody
Aaa
corporate
bonds
'
'
1954
January .
February.
March
April
May
June
,
Moody
Aaa
corporate
bonds
Treasury
bonds 1/
y
Treasury
bonds 1/
3.34
3.22
3.26
3.32
3.40
3.58
y
4.08
4.09
3.89
3.81
3.78
3.80
3.73
3.88
4.32
4.27
4.22
4.25
4.27
4.33
4.11
4.10
4.26
4.11
4.12
4.27
4.47
4.43
4.52
4.57
4.56
4.58
3.90
4.00
4.02
3.98
3.98
4.06
4.41
4.45
4.01
3.99
4.45
4.42
4.39
4.42
4,04
4,07
4,11
4.14
3.91 2/
3.92
3.92
4.01
3.90
4.10
4.12
4.10
4.08
3.30
3.81
y
Treasury
bonds
Moody's Aa
corporate
bonds
4.16
4.16
4.12
4.14
y
3.89 2/
3.92
3.93
3.97 2/
3.97
4.00
Period
4.U
1965
1963
1961
4.12
4.14
4.13
4.23
4.37
4.46
3.77
3.67
3.66
3.67
3.74
3.91
3.60
Moody' s Aa
corporate
bonds
3.93
3.88
1959
3.63
3.66 2/ 2/
3.73
3.57 2/
y
3.79
3.84 2/
3,91
4.21
4.19
4.19
4.21
4.22
4.23
4.14
4.16
4.15
4.15
4.14
y
4.43
4.41
4.42
4.43
4.44
4.26
4.29
4.31
4.32
4.33
4.35
Treasury
bonds 1/
Moody'
s
Aaa
corporate
bonds
June 1965
75
AVERAGE YIELDS OF LONG-TERM BONDS
a
z
o
CD
tr.
o
a.
a:
o
o
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..
,,
, ,
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Treasury Bulletin
76
MONETARY STATISTICS.
Table 1.- Money In Circulation
(In millions of dollars except per capita figures)
Paper money 2/
I
End of fiscal
year or raonth
Total
money in
circulation 1/
Total
paper
money
Gold
certificates 2/
Silver
certificates
Treasury
notes of
1890
United
States
notes
133
120
110
100
62
92
54
85
319
321
27,353
28,622
30,292
32,356
73
53
37
36
1,877
321
32,331
76
37
19
19
19
1,659
1,625
1,573
319
321
320
32,506
32,690
32,860
73
73
72
36
36
36
72
71
70
36
23
23
70
70
22
22
22
2,162
2,200
2,155
2,127
321
317
316
32,065
33
32
31
30
29,943
31,117
32,592
34,529
30
29
20
19
2,094
2,009
1,847
1,723
318
318
1964
32,405
33,770
35,i70
37,73i
1963- December,
37,692
34,662
20
1964.-July
37,835
31,082
31,172
1960
1961
1962
1963
31,
9U
318
August.
September
38,
33,166
34,612
34,765
34,881
October,
November.
December,
38,373
39,248
39,619
35,051
35,889
36,214
19
13
13
1,460
1,357
1,232
317
297
299
33,147
34,128
34,577
1965- January,
February.
March,
38, 540
38,593
38,816
35,104
35,124
35,296
13
13
13
1,121
1,057
938
289
296
299
33,588
33,666
33,904
38,760
35,193
13
299
33,868 6/
.
.
, ,
April.
.
,
.
OU
V
922 5/
Coin
End of fiscal
year or month
National
bank
notes
26,329
26,342
27,029
27,094
29,040
29,071
29,699
29,726
1957
1958
1959
Federal
Reserve
notes
Federal
Reserve
Bank
notes
59
57
56
78
22
Minor
Money in
circulation
per capita
coin
(in dollars) 7/
Total
coin
Standard
silver
dollars
2,042
2,101
2,215
2,338
253
268
285
305
1,315
1,346
1,415
1,484
329
360
411
1964
2,462
2,652
2,878
3,205
482
1,548
1,663
1,790
1,987
629
676
736
176,45
180.98
187.40
196,46
1963- December.
3,030
452
1,872
706
197,54
1964- July
August. .
September,
3,223
3,249
3,285
482
482
482
2,000
2,021
2,048
741
747
755
196,74
197,42
197,95
October.
November,
December,
3,321
3,359
3,405
482
482
482
2,077
2,109
2,147
763
768
776
198,78
203,09
204.79
1965- January,
February.
March
3,435
3,468
3,520
482
482
482
2,172
2,198
2,239
782
783
799
198,99
199.09
200, 05r
3,566
482
2,275
1957
1958
1959
I960
1961
1962
1963
April.
.
,
Circulation Statement of United States Money.
Source:
1/ Excludes money held by the Treasury and money held by or for the
account of the Federal Reserve Banks and agents.
2/ The following paper currencies are in process of retirement and are
redeemable from the general fund of the Treasury:
Gold certificates
issued before January 30, 1934, silver certificates issued before
July 1, 1929, Treasury notes of 1890, Federal Reserve notes issued
before the series of 1928, Federal Reserve Bank notes, and national
bank notes.
The Treasury notes of 1890 have been in process of retirement since March 1900 (31 U.S.C, 411) upon receipt by the Treasury,
the Federal Reserve Bank notes since June 12, 1945 (12 U,S,C, 445 note)
and the national bank notes since December 23, 1915 (12 U,S,C, 441).
Retirement of the others was authorized by the Old Series Currency
Adjustment Act, approved June 30, 1961 (31 U.S.C. 912-916). The act
authorizes the Secretary of the Treasury to determine from time
to time the amount of currency of the following types which have
been destroyed or lost, and to reduce the amounts thereof on the
Gold certificates issued before January 30,
books of the Treasury:
1934; silver certificates. United States notes. Federal Reserve Bank
notes, and national bank notes all issued before July 1, 1929; Federal
Reserve notes issued prior to the series of 1928; and Treas\iry notes
of 1890. Accordingly, the Secretary of the Treasury has determined
Subsidiary
silver
181,52
179,08
180,20
177,47
474
487
514
549
585
199,57
that the following paper currencies have been destroyed or irretrievably lost and so will never be presented for redemption:
On October
20, 1961, |1 million of Treasury notes of 1890; on August 27, 1962,
$9 million of gold certificates, |15 million of silver certificates,
$18 million of Federal Reserve notes, $1 million of Federal Reserve
Bank notes, and $15 million of national bank notes; and on November 16,
1964, $6 million of gold certificates, $14,5 million of silver certificates, $100 thousand of Treasury notes of 1890, $24 million of
United States notes, $14 million of Federal Reserve notes, $1 million
of Federal Reserve Bank notes, and $13.5 million of national bank
notes,
3/ Issued prior to January 30, 1964.
Highest amount to date,
Includes $427 thousand issued before July 1, 1929,
6/ Includes $4 million issued prior to the series of 1928,
2/ Based on the Bureau of the Census estimated population. Through
fiscal 1958 the estimated population is for the conterminous United
States (that is, exclusive of Alaska, Hawaii, and the outlying areas
such as Puerto Rico, Guam, and the Virgin Islands)
Beginning with
fiscal 1959 the estimates include Alaska, and with fiscal I960, Hawaii,
•
Less than $500,000,
r
Revised,
^
V
.
..
..
,.
Jane 1965
77
MONETARY STATISTICS
,
Table 2.- Monetary Stocks of Gold and Sliver
(
Cbllar amounts in millions)
Silver
($1.29+ per
fine ounce)
Gold
($35 per
fine ounce)
End of fiscal
year or month
Ratio of silver to
gold and silver in
monetary stocks
in percent)
(
15,i6l.i.
4,394.
4,346.
4,317.
4,315.
4,220.
15.4
16.8
18.3
18.5
19.9
20.8
21.5
21.4
15,513.0
4,265.7
21.6
. .
15,461.9
15,460.4
15,463.1
4,214.1
4,207.3
4,179.2
21.4
21.4
21.3
October. .
November.
December.
15,461.5
15,385.8
15,387.7
4,121.7
4,090.1
4,067.6
21.1
21.0
20.9
1965-January, .
February.
March. . . .
15,185.4
14,936.9
14,563.5
4,053.1
4,041.8
4,032.4
21.1
21.3
14,410.4
4,016.2
21.8
1957
1958
1959
1960
1961
1962
1963
1964
22,622.9
21,356.2
19,70i.6 1/
19,322.2
17,550.2
16,i35.2
15,733.3
1963- December.
196A-July
August.
September,
April.
. .
.
Source:
Circulation Statement of United States Money,
silver monetary stock see Table 4.
For detail of
1/
See Table
4,116.6
4,306.0
4,414.1
3,
21.7
footnote 3.
Table 3.- Gold Assets and Liabilities of the Treasury
[
In millions of dollars)
End of calendar year or month
Gold assets 1/
Liabilities:
Gold certificates,
etc. 2/
Balance of gold in
Treasurer's account
22,272.9
20,138.2
19,350.5
17,665.6
16,771.2
15,852.1
15,392.9
15,231.0
508.1
396.1
105.4
101.0
117.8
126.0
120.1
156.7
15,461.9
15,460.4
15,463.1
15,3U.3
15,347.9
15,345.8
117.6
112.5
117.2
October. .
November.
December.
15,461.5
15,385.8
15,387.7
15,340.9
15,247.4
15,231.0
120.6
138.4
156.7
1965-January. .
February.
March
15,185.4
14,936.9
14,563.5
15,061.9
14,816.5
14,448.6
123.5
120.3
114.9
April
14,410.4
14,300.1
110.3
1957
1958
1959
1960
1961
1962
1963
1964
22,781.0
20,534.3
19,455.9
17,766.6
16,889.0
15,978.1
15,513.0
15,387.7
1964- July
August. . .
September.
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
Source:
1/
2/
2/
y
of $156.0 million against United States notes and through June 30,
1961, Treasury notes of 1890.
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 "Administrative Budget Receipts and Expenditures,"
Table 3, footnote 12).
.
..
,
Treasury Bulletin
78
MONETARY STATISTICS
Table 4.- Components of Silver Monetary Stock
(In millions of dollars)
Silver held in Treasury
End of calendar
year or month
Silver
bullion 2/
1957
1958
1959
I960
In Treasurer's accoiant
Securing silver certificates 1/
Silver
dollars
Subsidiary
coin 2/
Silver
bullion 4/
Silver outside
Treasury
Silver
dollars }J
Subsidiary
coin
^
Total
silver
at {1.39+
per fine
ounce
2,212.9
2,2^5.0
2,251.4
2,252.1
219.0
202.7
182.3
161.2
8.2
14.9
3.2
2.6
92.3
148.3
127.4
88.2
269.3
285.4
305.5
326.5
1,402.6
2,237.5
2.139.1
1,981.5
1,538.8
130.1
3.6
3.4
3.7
4.7
24.2
29.7
18.0
11.8
357.3
392.5
456.3
481.8
1,650.5
1,756.0
1,887.2
2,161.2
4,308.6
4,318.2
4,265.7
4,067.6
1964- July
August. .
September
1,819.1
1,788.0
1,734.4
2.9
2.9
2.9
5.8
19.0
19.2
18.9
481.8
.
2,008.5
2,032.6
2,056.4
4,214.1
4,207.3
4,179.2
October. .
November .
December.
1,648.9
1,591.3
1,538.8
2.9
3.0
3.0
18.6
15.4
11.8
481.8
481.8
2,088.3
2,121.1
2,161.2
4,121.7
1965-January, .
February.
March
1,488.1
1,447.2
1,388.6
3.0
9.4
3.0
3.0
11.9
7.2
31.4
481.8
481.8
2,192.4
2,221.1
2,260.6
4,153.1
4,041.8
4,032.4
April
1,354.6
3.0
7.4
14.2
481.7
2,297.9
4,016.2
,
1961
1962
1963
196i
,
94.0
28.5
3.0
Source:
Circulation Statement of United States Money; Office of the
Treasurer of the United States.
1/ Valued at $1 .29+ per fine ounce.
2/ Includes silver held by certain agencies of the Federal Government,
7,
11.
9.
9.
4.
'4.4
15.0
3/1
4/
481 .8
481.8
481 .8
481 .8
1,U6.2
1,513.4
1,576.0
4,185.4
4,362.5
4,382.7
4,3''5.6
4,090.1
4,067.6
Valued at $1.38+ per fine ounce.
Includes bullion at cost, bullion valued at $1 .29+ per fine ounce
held for coinage, and bullion valued at $1 .38+ per fine ounce held
for recoinage of subsidiary silver coins.
Jane 1965
79
.
NATIONAL BANK REPORTS
,
Current Operating Revenue and Expenses, and Dividends of National Banks,
Calendar Years 1960 through 1964
(Dollar amounts in millions)
.
,.
.
Treasury Bulletin
80
INTERNATIONAL 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/
Total gold stock
and foreign currency
holdings
End of calendar
year or month
Foreign
currency
holdings 3/
Treasury
Total 2/
22,091
21,793
21,753
22,058
22,857
22,030
21,713
21,690
21,949
22,731
22,091
21,793
21,753
22,058
22,857
20,582
17,30i
17,063
16,156
20,534
19,456
17,767
16,889
15,978
20,582
19,507
17,804
16,947
16,057
116
99
1963
196i
15,808
15,903
15,513
15,388
15,596
15,471
212
432
196i-May
June
15,946
15,805
15,463
15,461
15,693
15,623
253
182
15,462
15,460
15,463
15,461
15,386
15,388
15,629
15,657
15,643
15,606
15,566
15,471
211
233
227
December.
15,840
15,890
15,870
15,702
16,324
15,903
1965- January,
February,
March, ,
15,572
15,220
15,129
15,185
14,937
15,208
14,993
14, 563
U,639
U,884
U,410
U,480
404
14,512
14,291
14,363
149
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
19 507
,
July
August
September
October,
November,
.
.
,
April..,
May p ,
,
,
Note:
The United States also has certain drawing rights on the International Monetary Fund, in which the United States has a quota of
$4,125 million.
In accordance with Fund policies, these drawing
rights include the right to draw virtually automatically an amount
equal to the sum of the United States gold subscription to the Fund
($1,031,2 million) less net U,S, drawings from the Fund and the Fund's
net operational receipts in U, S, dollars.
On May 31, 1965, the net
balance of these three amounts was $909.0 million. Under appropriate
circumstances the United States could draw an additional amount equal
to the United States quota,
1/ Includes gold sold to the United States by the International Monetary
1960,
2/
1/
p
Includes gold in Exchange Stabilization Fund, which is not included in
Treasury gold figures shown in "Circulation Statement of United States
Money," See "Monetary Statistics," Table 3,
Includes holdings of Treasury and Federal Reserve System,
Preliminary,
Amount outstanding
Payable in foreign currencies
Total
Austria
Belgium
Germany
364
227
490
Fund with the right of repurchase, the proceeds of which are invested
by the Fund in U.S. Government securities; as of May 31, 1965,
this amounted to $800 million. Of this amount, the United States purchased $200 million in 1956, $300 million in 1959, and $300 million in
Table 2.- U. S. Treasury Nonmarke table Notes and Bonds
Issued to Official Institutions of Foreign Countries
End of calendar
year or month
96
758
432
Italy
Switzerland
.
Jane 1965
81
,
INTERNATIONAL FINANCIAL STATISTICS
Table 3.- U. S. Net Monetary Gold Transactions
with Foreign Countries and International and Regional Organizations
(In millions of dollars at $35 per fine troy ounce;
t
Treasury Bulletin
82
,
lOTERMTIONAL FINANCIAL STATISTICS.
Table 4.- Estimated Gold Reserves and Dollar Holdings of Foreign Countries
and International Institutions i/
(Position at end of period in millions of dollars)
Jane 1965
83
.INTERNATIONAL FINANCIAL STATISTICS.
Table 5.- Liabilities to Foreign Official Institutions and International
and Regional Organizations 1/
(In millions of dollars)
.
Treasury Bulletin
84
CAPITAL MOVEMENTS
.
"Short-term" refers to obligations payable on demand
Background
Data relating to capital movements between the United
or having an original maturity of one year or less, without
States and foreign countries have been collected since 1935,
deduction of any offsets
pursuant to Executive Order 656O of January 15, 1934, Execu-
having an original maturity of more than one year, and in-
tive Order 10033 of February 8, 1949, and Treasury regulations
cludes securities having no contractual maturity.
promulgated thereunder.
Information on the principal types of
.
"Long-term" refers to obligations
Exclusions
data and the principal countries is reported monthly, and is
The data published herein do not cover all types of
Supplementary
capital movements between the United States and foreign
published monthly in the "Treasury Bulletin."
information is published less frequently.
Reports by banks,
bankers, securities brokers and dealers, and nonfinancial
The data reported to and published ty the Treasury
countries.
Department exclude entirely the intercompany capital trans-
business concerns in the United States are made initially to
actions of business enterprises in the United States with
the Federal Reserve Banks, which forward consolidated figures
their own branches and subsidiaries abroad or with their for-
to the Treasury.
These statistics are consolidated by the
Treasury and published as promptly as possible.
The reporting forms and instructions used in the collec-
eign parent companies; such transactions are reported by
business firms to the Department of Commerce.
Data on the
capital transactions of the United States Government and on
tion of the statistics have been revised a number of times.
shipments and receipts of United States currency are also
The most recent revision became effective with reports covering
excluded from the Treasury reports
data as of May 31, 1963.1/
actions not effected through reporting institutions, such as
A
detailed description of the
Certain capital trans-
.
content of the statistics, including the changes instituted,
securities transactions carried out entirely abroad, are not
appeared in the July 1963 issue of the "Treasury Bulletin,"
recorded in the Treasury reports.
pages 79-81.
types of capital transactions are published by the Department
As a result of changes in presentation intro-
Consolidated data on all
duced in that issue, not all breakdowns previously published
of Commerce in its regular reports on the United States
will be exactly comparable to those now presented.
balance of payments
Basic definitions
The liabilities data exclxide nonnegotiable, noninterest-
The term "foreigner" as used in the Treasury reports
bearing special notes of the United States held by the Inter-
covers all institutions and individuals domiciled outside
American Development Bank and the International Development
the United States, including United States citizens domiciled
Association.
abroad and the foreign subsidiaries and offices of United
The data on securities transactions and on foreign
States banks and business concerns; the central governments,
holdings of U.S. Government bonds and notes exclude non-
central banks, and other official institutions of foreign
marketable U.S. Treasury notes, foreign series, and non-
countries, wherever located; and international and regional
marketable U.S. Treasury bonds, foreign currency series
organizations, wherever located.
In general, data are reported opposite the foreign
country or geographical area in which the foreigner is domiciled.
Data pertaining to branches or agencies of foreign
official institutions are reported opposite the country to
(see "International Financial Statistics" section. Table
2).
Presentation of statistics
Data collected monthly on the Treasury Foreign Exchange
Forms are published in the "Treasury Bulletin" in three
which the official institution belongs. Data pertaining to
sections.
international and regional organizations are reported opposite
by period; Section II presents data by country and by period;
the classification "International," "European regional," or
and Section III shows detailed breakdowns of the latest avail-
"Latin American regional," as appropriate, except for the
able preliminary data.
Bank for International Settlements and the European Fund,
which are included in the classification "Other Western
Europe
."
Section
I
provides a summary of the principal data
Section IV presents supplementary data which are reported
less frequently than monthly.
Beginning with the April 1965
issue, these tables are published each month.
2/ Copies of the reporting forma and inatructiona may be obtained from the Office of Balance of Payments Programs, Operations and Statistics, Office of
the Assistant Secretary for International Affairs, Treasury Department, Washington, D.C. 20220 or from
Federal Reserve Banks.
2
,
,
Jane 1965
85
CAPITAL MOVEMENTS
Section I - Summary by Periods
Table !•- Net Movements of Banking Funds and Transactions in Long-Term Securities with Foreigners!/
(In millions of dollars; negative figures indicate a net outflow of capital from the United States)
Analysis of net movement
Changes in liabilities to foreigners
Calendar year
or month
Total
Short-term
banking
funds
-767.6
261.8
230.9
164.5
1,576.3
-387.7
1,225.2
1,278.1
521.9
945.0
416.4
-940.5
-903.6
3,338.5
479.8
-404.8
19i6
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
I960
1961
1962 2/
1963
1964
196 5- Jan. -Apr. p
1964-April
May
June
July
August
September
October
November
December
^
1965- January
February
March p
April p
1/
2/
2/
4/
y.
Long-term
banking
funds
-752.1
550.3
405.7
-25.1
1,971.5
73.3
1,560.0
1,090.5
1,420.3
1,367.4
1,493.2
369.6
989.8
4,353.2
2,268.0
1,909.2
-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
1,882.9
1,178.7
-3.6
-0.3
0.3
0.2
1.1
-0.4
0.8
0.1
-1.5
8.7
-8.3
-0.8
6.7
-5.2
1,822.9
1,888.4
2,592.9
2,486.0
948.5
2,867.2
-1,516.1
-917.0
187.4
-232.5
-384.5
619.7
189.0
-167.6
228.2
579.0
-891.3
4U.4
305.4
-836.9
-566.2
Changes in claims on foreigners
Transactions
Net
movement
V
-51.3
-3.3
499.8
281.6
11.8
584.7
1,042.7
-154.7
-149. 2r
-137. 8r
-257.4
-822.1
-237.4
276.4
-647.7
-407.9
U.S. Gov't.
bonds
and
notes 2/
in:
Other
domestic
securities
Short-term
banking
funds
Total
Long-term
banking
funds
Transactions
in foreign
securities
2/
-269.7
61.5
-47.9
96.4
942.1
-683.0
302.3
-82.0
8.2
529.0
-135.0
-52.1
36.3
688.9
126.6
512.2
-64.5
-150.6
-144.3
-21.2
2.3
98.7
12.7
70.5
141.1
156.2
291.3
193.9
-39.0
435.5
251.8
223.5
-15.5
-288.5
-124.8
189.6
-395.2
-461.0
-334.8
187.6
-898.4
-422.4
-1,076.8
-1,310.1
-1,893.4
-1,014.7
-1,788.2
-2,314.0
62.1
236.2
-728.0
670.9
-337.7
59.8
206.9
-172.8
-1,517.5
-2,725.3
-3,159.1
-1,036.3
135.2
-25.4
9.5
-599.1
162.0
-406.6
-354.5
427.9
6.5
-33.9
565.7
383.1
129.7
639.2
939.8
-151.1
40.6
8.7
1.9
18.8
-1.5
-3.2
-7.1
134.7
7.4
-4.5
-82.9
11.6
-16.5
-97.8
-30.8
-30.2
-37.0
-19.6
16.4
16.6
-68.2
-2.2
-33.9
-17.2
2.5
5.2
-13.5
-257.0
-181.2
-380.7
119.9
-92.6
-179.4
-356.5
-463.7
-736.6
-125.0
-63.9
-340.1
170.5
-48.0
-30.8
-106.7
-52.1
-504.9
-32.3
-26.1
-12.9
-64.1
-66.4
-109.4
-103.3
-160.6
-118.0
-99.7
-91.2
-27.7
13.5
21.8
-39.2
-146.5
-251.0
-113.7
3.3r
183.4
-35.0
-16.5
-66.0
-7.4
-16.7
64.7
-8.7
-8.3
30.7
-3.7
-11. 4r
-533.8
-174.4
120.5
-213. 3r
-112.0
-81.9
134.0
-20.0
-183.2
-73.8
-72.5
-66. 4r
109.2
-626.7
-452.4
0.5
3.2
5.1
For an explanation of statistical presentation and exclusions, see
headnote on page 84.
Through 1949, transactions in U. S. Government bonds and notes include
transactions in domestic corporate bonds.
Data below the line include changes in liabilities and claims reported
by a number of banks included in the series beginning December 31,
1961.
Change includes claims previously held but first reported as of May 31,
1963; as of that date such claims amounted to $85.6 million.
Also
^
p
-315.5
-240.7
-69.8
190.8
-76.2
-70.5
-80.3
144.2
-482.0
-162.0
-397.2
-253.7
-342.6
-82.0
-990
-1,148.2
-86.8
39.8
-29.0
-173.6
-13.5
-36.6
115.6
-116.0
-230.0
-168.5
-334.3
-188.3
-183.0
-153.3
-335.4
265.1
39.0
-94.8
27.8
-145.4
-377.0
-217.9
-72.2
-300.4
-30.4
-511.1
-722.1
-1,362.5
-749.7
-644.7
-830.4
-343.0
-311.6
-1,494.4
-126.6
-869.5 4/
-941.6
-1,047.9
-1,044.2
-723.1
.
V
221. 9r
34.9
-238.6
-13.7
59.0
includes claims reported by banks for the first time as of December 31
1963; as of that date such claims amounted to $193.2 million, representing in part claims previously held by banks but not reported.
Data below the line on changes in claims reflect the exclusion from the
series beginning December 31, 1964 of short-term U.S. Government claims
previously included; and the addition to the series of claims arising
from the inclusion of claims previously held but first reported as of
December 31, 1964, and from revisions of preliminary figures.
Preliminary.
Revised.
r
...
.
Treasury Bulletin
86
CAPITAL MOVBffiNTS
Section I - Sunnnary by Periods
Table 2.- Banking Liabilities to and Clalns on Foreigners
1/
(Position at end of period in millions of dollars)
Short-term claims on foreigners
Short-term liabilities to foreigners
Payable in dollars
End of calendar
year or month
Total
shortterm
liabilities
Foreign countries
Official
institutions
Foreign
banks
Other
foreigners
1962
1963
14,939.1
15,158.3
16,159.1
19,388.7
21,271.6
22,450.3
22,532."5~
25,018.6
25,967.1
4,179.0
3,043.7
1,831.9
2,836.3
2,907.7
3,615.5
3,547.6
4,654.2
5,666.9
6,770.1
6,952.8
8,045.4 4/
7,916.6 4/
8,664.9
9,154.3
10,212.3
10.893.2
10,893.3
11,915.3
12,436.9
2/
2/
2/
2/
2/
2,064.0
2,528.2
2,569.8
2,529.3
2,530.4
2,943.1
3,362.9 4/
3,413.0 4/
3,460.5
4,601.1
4,704.8
5.299.5
5,380.4
5,251.0
5,713.0
2,678.5
2,922.2
2,972.8
2,947.1
3,001.5
1,392.5
1,513.0
1,675.8
1,779.1
1,805.1
1,783.5
2,029.8
2,252.3
2,430.4
2,398.1
2,229.6
2,355.5
2,356.9
2,564.4
3,046.2
1964 S/
28,794.8r
13,224.4
7,153.1
1964-April
May
June
July
August
September.
October. .
November,
26,355.2
26,361.8
26,327.9
26,893.6
27,276.7
27,406.4
28,045.6
28,985.4
11,727.1
11,875.3
12,072.0
12,090.8
12,281.8
12,321.2
12,300.3
12,723.0
28,794.8r
28,728.3r
28,837.6
28,210.8
27,758.4
6,883.1
6,480.3
7,116.4
7,713.0
7,618.0
8,644.8
9,302.2
10,546.1
11,648.4
12,918.6
13,600.7
19i5
19i6
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
19S8
1959
1960
1961
1961
v..
.
,
December 2/
1965-January.
February.
March p
April p. .
.
.
.
.
.
.
.
Payable
International
and
regional
473.7
2,262.0
1,864.3
1,657.8
1,527.8
1,641.1
1,584.9
1,629.4
in
foreign
curren-
Total
longterm
liabil-
ities
cies
25.5
40.6
49.7
70.4
51.0
.9
1.4
4.6
1.0
.7
U.9
72
61
1.0
1.2
2.3
1.8
2.7
2.8
1.2
9.9
1.6
3,751.7
5,144.5
4,637.1
43
43
40
48.8
59.0
59.4
77.2
113.1
150.4
150.4 _
143.4 6/
134.1 §/
69.4
3,353.9r
4,973.5
89. 9r
306. 2r
6,583.9
6,429.7
6,072.8
6,637.8
6,792.8
6,652.7
7,322.1
7,788.4
3,147.7
3,106.3
3,134.0
3,131.7
3,160.5
3,235.8
3,249.3
3,301.1
4,779.9
4,332.9
4,925.8
4,910.2
4,917.3
5,064.9
5,061.4
5,051.4
13,224.4
7,153.1
3,353.9r
4,973.5
89.9r
i:2,588.4r
7,696.6r
7,689.4
7,321.5
7,187.4
3,360.5r
3,407.7
3,448.0
3,433.8
4,985.9
4,982.5
5,081.1
5,086.1
97. Or
73.3
12,684.6
12,296.7
11,964.9
1,769.9
1,881.1
1,452.1
1,517.3
1,5U.O
3,158.1
4,011.8
3.751 .7
^
18
7.5
2.2
2.2
7.3
116.7
145.9
117.6
154.6
123.4
156.5
123.1
175.3
124.2
173.9
131.7 b/ 170.7
163.5
112.5
121.4
298.3
63.6
86.2
306. 2r
309. 5r
492.9
457.9
441.3
Payable in dollars
Total
shortterm
claims
392
708
948
1,018
827
898
968
1,048
904
1,386
1,548
1,945
2,199
2,542
2,624
3,614
4.762
Loans to:
Official
institutions
2/
2/
2/
2/
2/
73.4
86.1
87.9
85.2
243.0
160.9
176.6
241.9
400.7
350.9
290.3
328.5
4,820,
328.5
5,163,
358.9
186.0
5,974.
223.3
7,469,
7,833.3r8/220.3r
6,493.3
Foreign
banks
100.
319,
292,
361.
222,
151,
177,
122.
156,
206,
328,
405,
385,
439,
497,
524,
699,
709
952
954.
1,373.
Other
foreigners
Other
claims
245.0
290.5
490.6
557.1
109
494.3
328.7
503.4
627.9
451.5
142,
584.1
104.
109131,
235
330,
303
427,
460
482
617,
~S22.
641
773,
l-,054.
660.0
883.8
1,121.6
1,076.7
1,098.2
1,837.8
2.531.1
Payable
in
foreign
currencies
47.5
98.1
165.4
100.4
110.8
240.6
91.8
78.4
101.6
211.0
163.9
149.6
147.3
197.7
217.2
479.6
585.6
Total
longterm
claims
175,
140,
227,
187,
216,
390,
403.
UO,
324.
UO,
670.
839.
1,173.
1,362.
1,545.
1,698.
2.033,
1
June 1965
87
CAPITAL MOVMENTS
Section I - Summary by Periods
Table 3.- Purchases and Sales of Long-Term Domestic Securities by Foreigners
1/
(In millions of dollars; negative figures indicate a net outflow of capital from the United States)
U.S. Government bonds and notes 2/
Corporate and other
Net purchases
Calendar year or month
Pxirchases
Foreign countries
Sales
Total
Official
194b
19i7
1948
1949
1950
414.5
344.8
282.4
430.0
1,236.4
673.6
533.7
646.0
300.9
1,341.1
883.4
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965- January-April p.
1964-April
May
June
July
August
September
October
November
December
1965- January
February
March p
April p
666.1
1,223.9
1,216.9
1,729.6
1,743.7
1,779.9
1,867.1
1,149.4
304.9
22.5
221.4
20.9
508.5
19.7
16.4
23.2
31.8
92.8
107.0
99.5
21.3
77.2
684.2
283.3
330.3
333.6
294.3
1,356.6
231.4
728.0
792.7
812.1
1,018.3
718.3
1,187.6
528.0
1,603.0
1,231.5
2,507.9
1,196.2
1,487.1
330.4
-269.7
61.5
-47.9
96.4
942.1
-683.0
302.3
-82.0
8.2
529.0
-135.0
27.0
304.2
9.3
-4.5
-82.9
11.6
-16.5
-97.8
-80.8
-30.2
-37.0
2.5
-66.0
-7.4
-16.7
64.7
525.0
117.4
97.2
53.3
63.8
90.3
173.0
106.9
38.0
12.5
-269.7
-13.0
-55.4
9.4
824.2
-663.7
292.7
-96.7
-60.0
561.7
-204.9
117.0
-236.7
523.9
-97.9
-20.0
-206.6
-52.1
36.3
688.9
126.6
512.2
-728.0
670.9
-337.7
-25.5
Other
369.1
-58.7
16.5
36.0
63.3
3.7
-3.3
19.5
10.5
6.3
3.2
.1
1.1
-23.2
-40.0
2.9
-13.4
-40.2
4.2
International
and
regional
74.5
7.5
87.0
117.9
-19.3
9.6
14.7
68.3
-32.7
70.0
-169.1
273.0
164.9
224.5
532.2
-521.4
301.8
-315.2
-105.1
.1
-102.5
.1
.4
-61.0
-83.7
-21.0
3.1
2.1
.1
16.9
-1.4
-16.9
64.7
-67.6
-37.8
.1
-15.3
31.8
Bonds 2/
.3
.2
y
For exclusions see headnote on page 84.
Through 1949, includes transactions in corporate bonds.
1/
2/
Net
purchases
Net
purchases
2/
2/
y
2/
Wl.t
1/
y
y
y
108.3
y
y
y
3/
-.6
-21.6
11.7
15.3
167.7
141.6
188.5
197.4
283.6
296.0
251.8
258.9
344.0
296.2
392.3
416.
359.0
246.4
284.4
125.5
30.3
31.4
53.5
33.9
66.3
36.3
37.0
50.6
43 3
13.6
13.3
72.0
68.3
32.6
17.8
30.9
28.3
18.7
27.2
29.3
18.4
19.6
22.4
29.7
49.4
23.9
-2.3
13.6
22.6
5.6
47.6
9.1
7.7
32.2
23.7
-8.9
-16.4
22.6
120.0
200.1
212.8
289.7
324.7
287.1
310.2
361.4
368.8
IMZ.l.
316.9
'iOl.'l
255.7
i,ia.l
6.1
28.7
35.3
51.3
17.3
IZ.i,
50.1
-99.2
-51.3
9.3
176.3
42.2
U.8
367.6
226.1
369.7
354.1
666.9
739.8
650.2
589.1
1,115.1
1,561.2
1,619.5
1,306.4
1,397.3
2,224.4
1,976.5
3,067.3
2,260.2
2,724.0
3,076.2
1,113.6
-64.5
-150.6
-144.3
-21.2
2.9
120.3
432.1
376.7
514.1
375.3
Net
purchases
of
domestic
securities
-334.2
197.5
-89.1
-192.2
75.2
944.4
-584.3
314.9
-11.5
149.3
685.2
156.4
141.8
-2.7
1,124.4
378.4
735.7
-668.2
877.8
3,425.3
1,146.3
-349.1
-32.7
-510.5
-16.0
327.0
278.3
265.7
324.3
243.6
273.9
323.4
273.7
282.6
226.6
261.9
339.8
317.9
-17.3
2.8
-6.0
-73.8
-49.8
-43.0
-24.9
-27.0
-37.2
-24.1
-66.5
28.2
-84.7
-100.0
-114.7
-47.4
-31.8
-11.0
-74.7
-16.2
14.0
61.0
664.0
6!9.5
649.2
533.9
980.2
1,433.7
1,363.5
1,163.8
1,453.6
1,861.5
1,774.8
2,744.6
2,149.1
2,526.5
309.8
281.1
259.7
250.5
193.8
231.0
298.4
246.8
245.3
226.8
269.5
347.9
269.4
1.0
55.2
135.0
127.5
256.0
142. fa
-56.3
362.9
201.7
322.7
111.1
.2
7.6
3.1
-48.6
Through 1949, Included with transactions in U.S. Government bonds and
*
Less than $50,000.
notes.
Preliminary.
p
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
1946
1947
1948
1949
1950
755.9
658.7
211.6
321.2
589
500
495
542
792
693
606.5
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1
965-January-April p
1964-April
May
June
July
August
September
October
November
December
1965-January
February
March p
April p
p
Preliminary.
699.0
889.0
945.6
882.9
801.9
1,093.3
990.5
914.8
233.7
70.4
53.4
67.3
70.4
37.4
50.7
251.9
86.2
93.5
48.9
52.0
46.1
86.7
Sales
Net
purchases
1,838.1
707.3
265.5
24.5
-79.8
9.8
-121.0
-300.6
-182.1
-79.0
-48.8
183.9
-385.0
-693.1
-1,026.1
-512.0
-562.1
-460.4
-944.0
-1,095.4
-923.3
-473.7
191.6
156.5
111.8
75.9
31.8
96.6
399.5
342.2
220.8
107.3
268.7
148.4
182.9
-121.2
-103.1
-44.5
-5.4
5.6
-45.9
-147.6
-256.1
-127.3
-58.4
-216.7
-102.4
-96.3
490.4
634.3
291.4
311.5
710.2
801.0
677.4
621.5
841.3
509.4
991.5
1,392.0
1,915.1
1,457.6
1,445.0
1,262.4
2,037.3
2,086.0
Sales
65.2
57.1
81.7
88.8
173.8
272.3
293.9
310.1
393.3
663.6
749.2
592.8
467.2
566.1
509.1
595.7
702.0
695.6
748.4
333.9
71.0
61.7
63.9
61.2
48.7
49.1
60.3
54.8
72.3
86.5
77.4
77.0
93.0
65.6
42.6
96.7
70.8
198.2
348.7
329.6
303.4
6U.9
877.9
875.2
621.9
803.7
803.8
591.7
965.6
805.9
644.3
548.2
214.7
49.5
49.7
47.1
42.2
32.5
42.5
59.3
49.6
59.2
48.1
43.9
53.4
69.2
Net
purchases
-.4
14.6
-15.0
18.0
-24.4
-76.4
-35.8
6.8
-251.6
-214.3
-126.1
-29.1
-336.4
-237.7
-82.6
-370.0
-103.9
51.2
200.3
119.2
21.5
11.9
16.8
19.0
16.2
6.7
1.0
5.1
13.0
38.4
33.5
23.6
23.8
Total
purchases
Total
sales
821 .2
556.1
715.9
293.3
6''6.8
410.1
763.0
772.7
739.1
352.7
1,185.8
1,356.9
1,355.7
1,291.8
1,356.2
1,511.7
1,392.0
1,397.6
1,795.3
1,686.1
1,663.2
567.5
U1.4
115.1
131.2
131.6
86.1
99.8
312.2
140.9
165.8
135.4
129.5
123.0
179.7
338.2
382.3
908.4
1,149.7
1,007.0
924.9
1,486.1
1,387.3
1,866.8
2,014.0
2,718.8
2,261.5
2,036.7
2,228.0
2,843.2
2,730.3
2,386.3
922.0
Net purchases
of foreign
securities
265.1
39.0
-94.8
27.8
-145.4
-377.0
-217.9
-72.2
-300.4
-30.4
-511.1
-722.1
-1,362.5
-749.7
-644.7
-830.4
-1,047.9
-1
,0U.2
-723.1
-354.5
241.1
206.3
158.9
118.1
64.3
139.0
-99.7
-91.2
-27.7
13.5
21.8
-39.2
458.8
391.9
-U6.5
280.0
155.4
312.6
201.8
252.2
-251.0
-114.3
-20.0
-183.2
-78.8
-72.5
.
Treasury Bulletin
88
CAPITAL MOVEMENTS
Section II - Summary by CJountrlee
Table 1.- Short-Term Banking Liabilities to Foreigners!/
(Position at end of period in millions of dollars)
Calendar year
1964
1965
Country
1961
Europe:
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 2/.
U.S.S.R
Other Eastern Europe 2/.
Total Europe
255.1
326.0
52.1
90.8
988.7
841.6
67.2
234.1
216.4
105.2
99.3
153.4
406.4
874.8
25.9
226.6
11.6
326.4
4.8
15.7
10,322.0
Canada
2,757.6
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics 4/
Bahamas and Bermuda
Netherlands Antilles and Surinam
Other Latin America 4/
^
^
Total Latin America
234.7
228.2
105.3
146.8
42.5
4'54.7
86.7
84.0
57.0
418.0
228.0
111.0
88.8
14.9
2,340.5
Asia;
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
77.7
75.6
63.0
1,671.6 6/
199.5
185.0
92.0
264.4
254.6
Total Asia
2,973.6
Africa;
Congo
{ Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa 2/
Total Africa 7/
^
Other countries;
Australia
All other j/
Total other countries 2/
International and regional;
International
European regional 2/
Latin American regional
Total international and regional 2/..
Grand total
34.6
55.5
33.9
93.0
31.7
14.5
110.2
283
1962
1963
1964
January
February
March p
April p
i
Jane 1965
89
,
Table 2.
CAPITAL MOVEMENTS
.
Section II - Summary by Countries
- Short-Term Banking Claims on Foreigners
1/
(Position at end of period in millions of dollars)
Calendar year
1964
1965
Country
1962
1963
196A 2/
7.9
25.5
13.3
52.2
69.5
121.2
9.1
41.8
27.5
85.2
79.0
159.3
9.3
Europe;
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
7.3
32.2
13.6
30.1
68.2
186.1
6.5
53.6
26.9
35.0
8.8
19.
a. 5
^/.
22\.U
5.7
19.5
Canada
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics 6/.
Bahamas and Bermuda
Netherlands Antilles and Surinam.
Other Latin America 6/ 1/
Total Latin America
Asia;
China Mainland
>
Total Asia
Africa:
Congo ( Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
Total Africa
Other countries;
Australia
All other 8/
Total other co\mtries
^
7.9
15.7
20.3
877.0
939.1
1,216.7
526.1
637.8
724.6
180.9
171.3
186.3
209.9
145.4
187.9
319.3
16.9
630.5
41.0
101.9
76.5
165.4
222.1
9.2
97.9
188.0
162.5
187.5
207.5
17.5
465.1
34.6
99.5
64.6
113.7
134.5
41.3
8.8
15.8
1,606.4
1,741.6
2,211.8
1.7
13.5
19.9
1.7
11.0
17.3
131.
17.0
.i07.9
29.5
85.0
122.2
102.1
65.6
7/
57 .7
17.8
19.7
.4
.3
37.0
1,739.9
3.4
70.4
9.3
41.5
80,?
22.3
2,171.4
25.0
113.2
8.0
52.3
70.9
1.6
26.4
21.7
6.8
43.9
2,652.8
21.1
202.3
8.6
63.9
88.0
2,017.2
2,493.3
3,137.0
2.4
.7
.6
8/
2.0
10.3
25.5
8/
1.3
15.4
28.0
58.7
2/
104.2
41.1
57.2
48.4
9.3
136.5
57.7
5,163.2
5,974.9
International and regional
Grand total
30.1
70.0
48.0
236.8
6.6
22.9
108.9
39.1
42.5
19.0
39.6
47.1
97.4
36.4
318.8
14.8
20.2
«
^^
Total Europe
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
-C
17.8
75.4
96.8
33.4
40.3
14.2
25.5
10.5
1.3
19.3
42.3
55.9
120
November
December 2/
December 2/
January
February
M*irch p
4
B
Treasury Bulletin
90
.CAPITAL MOVMENTS
-
Section II - Summary by Countrlee
Table 3.- Long-Term Banking Claimfi on Foreigners
(Position at end of period in millions of dollars)
Calendar year
IQ64
19C5
Country
1962
Europe :
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
1963 1/ 2/
65. <i
rn.2
11.8
10.0
12.9
2A.5
80.3
13.4
31.6
57.1
Canada
^^
,
,
,
.7
.8
25.2
37.9
76.6
1.9
19.9
77.1
1.8
20.1
76.6
81. 9r
11. Ut
1.9
19.9
2.3
19.9
2.3
19.9
1.1
.9
4.8
8.9
1,100.7 2/
85.
69.6
109.6
41.8
.8
,
50.1
384. 8r
13.2
263.0
82.2
72.4
115.3
49.5
82.1
73.5
121.5
53.6
.1
.1
85.0
2.2
19.2
17.4
21.3
17.4
1,687.7
1,569.7
1,687.7
1,703. 5r
l,753.3r
1,366.1
13.3
11.3
11.9
303.6
289.8
272.6
291.2
272.6
303. 5r
327. 7r
375.4
62.0
253.1
18.5
64.3
86.2
267.1
23.4
32.4
175.9
20.6
48.7
81.6
167.4
16.3
46.1
36. 7r
169. Ir
61.6
31.6
167.4
16.3
46.1
86.1
169.9
58.1
62.9
85.4
168.9
59.5
70.6
.9
.6
.6
.6
.6
322.4
25.7
26.0
31.3
56.6
64.2
43.7
4.9
453.0
51.2
47.3
447.3
49.7
45.7
37.0
100.6
97. 6r
37.2
33.8
6.6r
3.0
15.0
27.7
74.3
70.
.6
3.6
,
Africa
Congo (Leopoldville)
Moroc CO
South Africa
United Arab Republic (Egypt)....,
Other Africa
57.5
63.5
67.6
266.4
53.8
399.5
10.4
267.2
.8
50.0
374.3
15.2
265.9
1.7
1,015.3 2/
1.5
24.6
17.5
47. 3r
.6
1.7
453.0
51.2
47.3
36.9
99.6
91.0
35.8
33.3
1.3
1,161.9
1,153.2
1,161.9
l,266.8r
1.6
28.3
1.6
27.9
1.6
28.3
30. 9r
36.9
37.0
99.6
91.0
94.5
89.9
37.3
21.8
35.3
3^.8
1.3
509. Or
75. 2r
48. 5r
2.0
tf
,
57.9
68.6
64. 4r
189.2
.7
886.0
,
129.4
101.6
.1
If 0.8
February
131.6
99.5
5.0
194.9
21.5
13.3
1.5
166.9
9.8
6/
7.5
71.7
Total Latin America
134.9
86.5
56.8
66.1
66. 3r
159.5
50.3
380.7
15.2
267.3
82.4
73.1
109. Ir
37.3
237.8
75.5
48.6
45.2
16.1
38.7
135.6
16.4
19.3
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics,^
Bahamas and Bermuda
Netherlands Antilles and Surinam
Other Latin America
Total Asia
55.3
134.8
33.5
55.3
64.6
61.8
158.9
January
1.1
577.6
Asia :
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
53.3
41.7
132.5
33.6
55.6
62.2
58.3
152.7
34.7
314.4
15.2
251.0
76.6
71.5
100.1
39.8
December 4/
201.9
26.6
17.6
Total Europe
134.8
83.5
November
64.6
61.3
158.9
50.0
374.3
15.2
265.9
85.8
69.6
109.6
41.3
10.2
39.1
,
1964 i/
December 3/
222.1
28.2
248.5
3.2
100.8
1.6
3.7
31.3
3.1
138.0
3.4
24.3
369.0
3.1
140.1
2.6
7.6
31.4
443.5 2/
24.8
384.7
24.8
384.7
3.1
28. 6r
427. 4r
3.7r
.6
499. Ir
75. Ir
83.9
36.9
84.9
103. 6r
41.7
43.6
4.5
1,356. Or
2.0
29.8
.6
501.5
82.0
84.7
36.6
85.2
117.8
51.3
45.3
4.1
1,394.0
2.0
31.3
»
«
28. 6r
452. 3r
3.1
151. 7r
3.4
30.3
451.8
3.1
lU.2r
31.5
138.0
3.4
7.6
31.4
34.1
7.5
33.3
167.0
3.3
7.5
31.6
622.3
607.1
622.8
682. Or
711. 7r
727.8
28.2
14.0
15.2
14.0
.8
.8
.8
15.5
21.2
21.2
21.2
14. 3r
.Ir
22. 8r
7.1
3.4
7.3
:
,
,
,
,
Total Africa
Other countries
Australia
All other 7/
,
35.0
2/
23.9
.9
.1
.5
.5
.5
2/
69.1
86.3
87.0
86.3
111.4r
2.5
109. 7r
48.1
3.2
122.3
^
112.9
122.7
124.7
122.7
149. Ir
172. 5r
132
60.2
7.6
97.6
99.6
7.7
97.6
114. 8r
5.8
111.5r
7.4
67.7
103.4
107.3
103.4
1.6
43.8
66.9
Total other countries 8/
5.8
.5
2,160.4
3,029.8 l/Tj 3,971.4
y
3,853.4
6.8
121. 6r
.7r
.2
,
,
8.0
.9
:
International and regional
Grand total
14.3
45.2
3,971.42/
4,227.2r
118. 9r
7U'
i,UO-^r
Jane 1965
91
CAPITAL MOVEMENTS
Section II - Summary by Countries
Table 4.- Net Transactions In U. S. Government Bonds and Notes by Foreigners
i/
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Treasury Bulletin
92
CAPITAL MOVEMENTS
,
Section II - Summary by Countries
5.Table
Net Transactions In Long-Term Domestic Bonds,
Other Than U. S. Government Bonds and Notes, by Forelgnerj
(In thousands of dollars; negative figures indicate net sales by
.
Jane 1965
93
CAPITAL MOVMENTS
Section II - Summary by Countries
Table 6.- Net Transactions in Domestic Stocks by Foreigners
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Treasury Bulletin
94
.CAPITAL MOVMENTS
Table
7.-
,
Section II - Summary by Countrlep
Net Transactions in Long-Term Foreign Bonds by Foreigners
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
1964
Calendar year
Country
1962
1963
1965
through
April p
1964
November
Europe;
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 1/
U. S. S. R
Other Eastern Europe 1/ 2/
Total Europe
Canada.
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics 2/
Bahamas and Bermuda
Netherlands Antilles and Surinam,
Other Latin America 2/
U
Total Latin America
-2 ,051
-10 ,111
-36 ,191
606
-37 ,252
-19 ,018
459
9 ,504
30 ,920
-23 ,437
24
2 ,572
-338
29 ,212
28
27 ,579
-15 ,601
-5,014
3,867
-56,627
-10,899
56,877
10,948
-1,006
-28,399
2,125
-46,623
-63
3,543
-3,037
56,514
-3
-23,647
484
-2,704
-11
3,269
281
-4,133
-35,017
16,817
18,435
10
-24,509
-8,909
-17,379
-3,973
6,318
10,321
86, 881
142
18,555
-6
332
-19
ir6
2,585
1,228
-9,311
1,296
-630
9
-5,366
-3,195
1,155
-20,154
11
1,774
7,071
-8
5,100
12
1,304
185
85
3,886
3,748
16
-8,725
-184
1,014
29
-1
416
9,257
22
3,769
-2,720
124
-84
-48
-44,018
-43,675
77,416
-21,113
U.909
-434,047
-744,318
-768,731
-199,622
-134.662
107
4,086
1,518
408
9,124
3,298
11,107
2,871
1,093
3,205
-10,526
637
673
1,249
-40
-41,596
218
108
3,282
868
-16,222
-1,423
2,497
753
75
873
-11,005
198
-2,574
-2,558
-30 788
222
-6,326
-12,168
-28,413
-8,325
-23
1,679
1,923
456
4/
1,631
-9,974
179
277
250
349
-34,671
-25,734
-35,026
-19,529
-28,562
1,046
-63
-1,068
930
-52
-61,477
-130,363
1,497
-1,402
1,622
156
-4
-1
-20
-90,649
6,769
-25,403
-19,682
-16,162
915
-14,498
-126
541
2,349
12
194
5
-12, 867
-8,465
9
1,574
-5,694
3,342
220
1,243
,
6
208
740
3
Asia;
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
-50
4
-49,149
-94,191
-700
Total Asia
Africa;
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
Total Africa
Other countries;
Australia
All other
y
Total other coxintries
^
315
1,000
-1,518
-4,228
-1,792
1,052
2,509
13,060
-9,859
7,500
2,181
-17,238
-147,484
-177,251
-83,914
-75,219
301
y
50
-6
2
-9
y
y
i/
2,323
-2
862
-1
347
y
6,943
1,208
-34,383
-27,320
-22,243
5,019
18,207
2,886
7,476
739
13,279
-1
9,435
4,636
-1
-48,124
-7,789
21,093
8,215
International and regional;
International
European regional 1/
Latin American regional
-166,347
5,000
-74,285
-105,270
8,597
23,850
-17,445
-147,506
-169,514
1,890
Total international and
regional
-235,632
-96,673
-141.101
-167,624
-943,976 -1,095,440
-923,320
-473,684
Grand total
-15,221
41
10
51
December
1965
Jpnuary
February
March p
,
Jane
1965
95
CAPITAL MOVEMENTS
,
Section II - Summary by Countries
Table 8. - Net Transactions In Foreign Stocks by Foreigners
(In thousands of dollars;
negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
196i
Country
1965
through
fpril p
1965
1962
1963
-19
-7,832
108
5
29
3
1
2,474
9,562
-357
-251
25
1,604
-13
226
40
-39,509
-13,747
-lau
3,395
-28,404
6,881
-202
4,604
-4,340
487
40
-1,918
405
-10,316
-86
25,012
64
-20,675
26,621
-7,631
5,305
-38
1,701
-1,339
1,625
205
6
221
-2,990
-272
-4
20
27
64,223
1,029
-103
-5,760
3,530
-12,538
-1,607
21,267
37,304
2,168
114
712
738
15,677
197
-3,072
-602
-48
-29
34
8,291
-52
-25
-5,032
787
-5,560
-110
11,168
-1
62
-9
123
-252
99
196i
November"
December
January
February
March p
April p
Europe;
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe 1/
Total Europe
Canada
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics 2/
Bahamas and Bermuda
Netherlands Antilles and Surinam.
Other Latin America 2/ 2/
Total Latin America
-491
285
-832
-266
-20,944
-18
4,081
-1,292
11
69
14
163
4
644
-3
-1,828
312
-1,835
-2,629
2,819
3
3
-11
148
7,552
-19
115
116
194
6,900
2,160
728
-10
251
-628
4
-1,566
11
-111
157
476
-934
11,634
16
109
114
144
426
549
39
775
-4
-1,5U
49
306
16
-19
655
-9
12
1
325
79
15,410
201
-1,352
-2,424
-1
107
1
-18
-143,717
-5,381
85,641
53,449
-366
-6,684
11,039
12,352
6,267
23,791
74,254
130,041
103,669
75,916
5,897
16,887
25,211
20,665
16,071
13,969
-356
-1,684
-284
-960
-1
94
52
-23
16
48
492
-111
544
-50
60
52
-14
-46
74
519
875
75
128
44
4
-11
-3
-456
-700
106
494
-8
331
-498
-70
214
-427
244
-91
-1,425
1,385
1,128
-425
172
99
11
-19
-121
150
-54
39
17
77
236
-45
-183
554
-62
-813
29
-391
-75
-14
34
34
37
-4
184
24
-3
308
344
81
52
8
-1,857
-62
187
-326
88
-3,820
-387
214
75
-1,518
483
113
89
381
811
y
722
1,972
-864
-422
-25
-13,814
-869
-4,U7
555
72
1
-54
-254
-375
-15
-6,077
203
-697
-15,558
-1,095
504
656
-46
478
-5,312
11,232
46
4,080
-71
242
-90
-7
-94
41
3
476
37
-1
20
402
-178
-131
-25
-29
-13
56
28
14,738
-608
1
799
-420
-535
84
34
-3
96
20
89
52
1,379
1,939
575
15,178
Asia;
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
-4, 319
4,030
-22,206
i8,958
-66
-2
-27
-515
202
-367
-210
-27
-512
231
-58
-690
78
3
540
-10
245
7
-1
Total Asia
-27,758
-74,893
7,301
4,148
1,567
-82
-486
-47
-8
1,510
Africa;
Congo (Leopoldville)
Total Africa
Other countries:
Australia
All other 4/
^
International and regional;
International
European regional
Latin American regional
Total international and regional
Grand total
y
-19
12
-63
-153
19
-6
16
337
1
684
-106
706
751
-22
-343
-13
-312
3
-5
-16
-8
46
405
152
63
2,024
528
834
762
-208
-4
-9
-93
14
-53
-11
-21
-37
-21
-245
-110
24
505
-3
445
24
497
34
41
24
21
34
41
24
38,378
33,506
23,567
23,755
-222
-359
-747
-906
3,861
33
1,500
-10
208
369
4
525
-1
446
33
1,490
241
373
524
32
83
32
83
13,028
-1,640
201
3,894
1,056
1,073
679
1,056
1,073
679
51,244
11
-6
-293
y
-103,882
248
1
5
1
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
Total other countries
-1
15
200,265
120
119,206
Through April 1963, includes Czechoslovakia, Poland and Rumania only.
Through April 1963, "Other Latin American Republics" include only
Bolivia, Dominican Republic, Guatemala and El Salvador; other Latin
American republics included with "Other Latin America."
Through 1963, Bahamas and Bermuda are included with "Other Latin America."
5,122
4/
V
p
-1
Through 1963, "All other" countries include Morocco and "Other
Africa."
Through 1963, "Total other countries" include "Total Africa."
Preliminary.
Treasury Bulletin
96
CAPITAL MOVEMENTS
Table 9.
,
Section II - Summary by Countries
Estimated Holdings of U. S. Government Bonds and Notes
ane 1965
97
CAPITAL MOVMENTS.
Section III - Preliminary Details by Countries
Table 1.- Short-Term Banking Liabilities to Foreigners as of April 30, 1965
1/
(Position in thousands of dollars)
Short-term liabilities payable in dollars
Total
shortterm
liabilities
Country
Europe
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
:
2U,86i
«8,921
317,906
122,022
1,268,053
1,873,^88
U8,06/;
1,343,890
327,793
197,460
263,829
242,706
723,544
1,208,719
19,894
1,892,365
16,923
338,536
2,750
20,978
Total Europe
11,002,705
Canada
2,543,376
Latin America :
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics.,
Bahamas and Bermuda
Netherlands Antilles and Suriam.
Other Latin America
Total Latin America
305,796
295,250
154,294
166,777
10,051
699,011
103,046
245,792
126,858
793,155
475,921
221,328
106,862
18,993
3,723,134
Asia :
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
115 600
2,737 ,294
92 ,850
248 ,219
232 ,314
487 ,875
774 302
Total Asia
4,915,887
34 858
97 ,378
66 ,894
28 ,303
Africa :
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)....
Other Africa
34,555
10.387
52,488
25,179
150,030
Total Africa
272,639
3ther countries
:
Australia
All other
Total other countries
[ntemational and regional
International
European regional
:
Latin American regional
Total international and regional
jrand total
To foreign banks and official institutions
U.
Total
Deposits 2/
S.
Treasury
bills and
certificates
Short-term
liabilities
payable
To all other foreigners
U. S.
Other
Total
Deposits
^
Treasury
bills and
certificates
Other
in
foreign
currencies
.
98
Treasury Bulletin,
CAPITAL MOVBtENTS
Section III - Preliminary Details by Countries
Table 2.- Short-Term Banking Claims on Foreigners as of April 30, 1065
1/
(Position in thousands of dollars)
Short-term claims payable in foreign currencies
Short-term claims payable in dollars
Loans to:
Country-
Total
shortterm
claims
Foreign
banks and
official
institutions
Total
Collections
outstanding
for own
account and
domestic
customers
Other
Deposits of
reporting
banks and
domestic
customers
with
foreigners
Acceptances
made for
account
of
foreigners
Europe;
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
9,135
i8,965
26,9^2
77,362
82,137
172,811
10,117
122,758
-17,233
49,249
35,
43,
46,632
98,159
5,971
213,344
24,140
23,940
1,772
6,554
2,603
10,032
15,957
32,971
201
45,150
17,532
19,153
5,870
11,655
7,995
17,049
5,302
35,800
13,483
1,543
536
55
28,177
28,162
9,443
1,167,294
954,788
300,092
596,007
202,587
108,294
139,618
290,470
16,593
684,389
47,726
111,961
79,969
172,635
221,420
57,843
202,520
108,214
139,372
285,886
16,443
649,649
47,651
111,900
79,968
170,243
221,242
57,300
America
18,776
18,509
18,776
18,434
Total Latin America
2,170,790
734
24,497
27,663
7,175
55,072
2,818,951
20,814
210,876
12,567
73,011
98,898
Total Europe
Canada
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Surinam
Other Latin
American Republics
Bermuda
Antilles and
Asia;
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Africa;
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)..
Other Africa
Total Africa
Other countries;
Australia
All other
Total other countries
347
18,608
48,751
1,351
30,246
6,535
6,409
15,084
4,647
5,833
43,919
123
23,
OU
58
15,258
2,590
12,334
5,140
3,999
25,019
27,325
8,416
22,471
12,537
2,685
3,352
15,148
5,932
9,547
1,545
21,374
1,574
3,346
2,891
323
8,104
62,779
6,829
19,527
9
5,529
2,159
15,280
4,659
10,365
16,419
6,029
21
7,233
1,008
35
3,214
2,691
18
9,943
669
4,264
425
483
1,048
119
631
6,969
2,955
169
12,510
41,546
122
9,409
7,751
1,443
5,6U
3U
9,304
21,496
626
5,958
2,393
154
12,001
14,606
90
8,617
7,155
1,151
222
768
9,287
12,338
1
1
90,714
40
457
481
74,699
1,593
8,885
3,226
40 , 319
2,428
15
401
481
15
21
2
53
258
15,963
260,196
243.794
185,295
191,084
74,419
212,506
152,485
25,023
197,147
10,7^3
50,613
312,481
204,085
77,300
20,371
28,233
21,855
59,922
52,063
16,153
32,740
20,759
16,332
42,735
9,232
38,213
9,789
55,299
77,541
102,802
5,422
55,835
107,773
3,001
782
1,279
3,072
246
72
2,126
298,614
18,713
14,238
45,303
37,316
34,152
11,579
24,283
57,524
27,663
94,360
111
183,401
14,950
27,978
5,838
47,944
39,280
33,329
21,848
2,161
103,051
4,506
29,026
17,124
29,413
69,517
5,521
19
16,176
763
595
2,581
13,529
1,413
2,129
75
2,127,598
591,078
574,532
339,127
531,508
41,353
43,192
729
24,424
27,370
7,175
53,812
,752,622
20,314
210,543
12,567
72,995
97,439
727
10,927
7,784
75
26,307
569,496
12,504
105,883
4,573
17,158
30,525
5
5
5,446
1,763
12
15,082
73,073
504
38,206
734
3,352
10,502
773
73
293
52
291
5,563
340,913
5,283
16,385
4,257
5,982
45,498
2,617
3,882
6,198
5,539
1,535,851
1,023
48,859
2,361
46,293
10,486
1,316
133,239
1,260
66,329
66,179
3,350,258
3,279,990
785,960
148,689
439,375
1,768,609
501
500
2,010
20,350
35,054
71,491
250
131
238
2,010
20,763
35,388
71,804
12
374
1,299
1,U5
10
13,585
23,437
2,964
141
27,946
14,024
816
14,371
1,477
20,474
4,939
586
37
748
413
334
313
90
334
176
130,466
129,405
38,708
31,482
30,394
26,950
1,371
1,061
600
44,579
12,590
40,883
6,763
799
30
4,582
508
21,018
5,514
12,944
364
1,540
247
3,696
5,827
57,159
47,646
829
5,090
26,632
13,308
1,787
9,523
39
2
27
39
27
184
184
115
23
27
11
250
250
117
61
7,676,319
7,135,584
1,701,911
2,582,072
568,763
540,635
Total international and
regional
Grand total
1,230
15,042
7,132
65
International and regional:
International
European regional
Latin American regional
1/
5W
U2
3,504
41,996
23,987
77,193
69,627
131,265
9,995
113,349
39,482
47,801
29,900
42,298
37,328
76,553
6,970
122,630
24,100
23,483
Excludes foreign currencies held by U.
S.
monetary authorities.
1,200,8
889
1,082,127
J^
4,584
2,U5
150
34,740
75
61
914
1
1
271
2,392
178
1,375
104
543
520
150
752
4,710
2
4,661
8,935
13
19
5,822
65
13
10,154
500
500
1,209
142
333
206
200
423
16
1,459
16
1,215
137,357
70 , 268
68,474
1
Foreign
government
obligations
and commercial and
finance
paper
ane
1965
99
CAPITAL MOVMENTS
Section III - Preliminary Details by Countries
Table 3.- Long-Term Banking Liabilities to and Claims on Foreigners as of April 30, 1965
(Position in thousands of dollars)
.
:
.
Treasury Bulletin
100
CAPITAL MOVMENTS
,
Section III - Preliminary Details by Countr les
Table 4.- Purchases and Sales of Long-Term Securities by Foreigners During April 19651/
(in thousands of dollars)
Sales by foreigners
Purchases by foreigners
Country
U. S.
Total
purchases Government
bonds and
notes
Europe
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
,233
,657
72i
209
22 125
15 ,026
77
107
48
Total
U. S.
sales
Government
bonds and
notes
Stocks
,140
,942
203
17
5,348
67
1,065
5,703
4
2,212
521
962
8,428
454
9,455
26,077
15,105
,818
2 ,398
3 ,7A2
116 877
23i
158 060
804
3,353
66,690
39,400
33
,442
7,445
433
121
18,549
201
2,083
3 ,281
52
2,685
357
136
3,796
515
105
30
5 ,365
180
20 ,820
6 377
9
1
13
5
36
359
43
693
159
1,413
87
2,453
3,198
6
3
1,441
2,544
2,950
459
7,832
2,557
27
65
1
1,835
5,970
87
180
5,174
13,542
2,734
1,883
2,267
3,692
115,122
17
92,358
Foreign securities
Corporate and
other
Bonds
Stocks
952
4,400
306
1
15
23
3
24
165
153
4
425
74
733
14
10
22
20,056
5,870
173
3,791
10,283
775
1,830
2,022
6
230
385
57
,953
,544
2,279
1,225
101,861
16
31,065
71
3,135
138
349
86
25_
369,119
67,965
46,816
178,665
35,411
40,242
301,339
3,405
7,101
236,971
150,891
8,856
14,611
52,379
26,233
48,762
165,918
5,889
11,719
45,103
11
1,687
722
607
1,111
305
236
175
354
127
65
338
12
2,785
1,269
921
374
3
1,608
923
802
792
2,210
3,369
419
1,268
2,421
729
4,850
4,934
236
298
1,457
872
19
95
2,424
1
12
1
311
121
2
8
1,407
112
75
321
72
11
2,286
382
4
9
242
623
24,613
11,187
2,146
70,709
3,040
3,647
6,845
18
275
235
8,124
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
,130
,033
,168
,517
Mexi CO
,993
,041
10
48
40
40
573
,196
432
,311
,978
American Republics
Bermuda
Antilles and Surinam.
America
Total Latin America
Bonds
142
,958
,990
72
,249
,085
818
,034
,736
323
,696
134
81
Total Europe,
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
Corporate and
other
Bonds
Domestic securities
Foreign securities
Domestic securities
52
33
59
5
986
,326
,451
257
30
77
142
119
236
6
41,623
211
3,466
40
6,506
82
15
226
6
352
1
--
2,133
3,400
636
1,322
2,160
567
2,880
5,990
74
23,792
Asia:
China Mainland.
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines.
Taiwan
Thailand
Other Asia
10,033
144
4,440
5,319
130
28,004
802
76
12
15
2,373
Total Asia.
20,484
1,007
12,074
6,139
1,260
66,362
389
10,830
194
11
22
4
.
7,575
19
37
37
211
401
27
75
484
1,518
27
77
699
15
.
Africa
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
693
1
79
21
5
3,036
21,663
24
388
12
15
15
249
294
823
7,£
8
38
139
309
24
8
38
:
4
150
149
4
60
115
21
70
231
13
17
80
19
115
1
1
639
580
37
506
69
760
48
27
952
101
4,003
815
99
147
3,367
668
537
398
183
4,818
246
4.035
537
581
827
636
2,143
1,417
24
655
Total Africa.
943
Other countries:
Australia
Al] other
Totfl other countries.
International and regional
40
:
Interrtational
European regional
Latin American regional...
Total intemationel and regional..
Grand total
68
5,630
1,417
96
2,
96
7,143
96
2,827
636
3,560
24
655
595,021
77,200
68,767
269,393
86,663
92,998
606,566
1/ For exclusions see headnote on page 84.
12,511
23,947
,
{June
1965
101
CAPITAL MOVMENTS
,
Section IV - Supplementary Data by Countries
Table 1.- Short-Term Llabllltlep to and Claims on Foreigners Reported by Nonflnanclal Concerns
i/
(Position at end of period in thousands of dollars)
Liabilities to
Seventh revised series
*'orei,cm'^r«
?/
Ninth revised series
Eighth revised series
Country
1963
1963
September
December
1964
196i
December
September
December p
Exirope;
Austria
Belgium
Denmark
Finland
Fran ce
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 2/
U. S. S. R
Other Eastern Europe^ J^
,
,
2,1V4
17,560
2,373
941
31,159
36,186
1,147
29,067
46,130
3,342
831
,
,
Total Europe
6,979
8,187
25,667
4,131
110,359
4,102
1,157
33
645
1,718
19,582
3,317
542
31,554
32,521
2,256
30,296
50,037
2,766
1,106
7,135
8,350
27,189
4,399
117,684
2,966
1,961
57
2,055
23,191
2,245
1,423
30,632
34,589
2,117
26,057
56,384
2,434
1,265
6,016
6,569
39,632
4,515
126,519
3,443
3,410
130
358
510
1,638
26,449
2,799
1,295
33,409
33,885
1,723
25,190
45,333
2,687
786
6,532
8,647
24,926
1,589
100,201
3,672
3,263
188
315
1,638
26,449
2,799
1,295
33,409
33,999
1,723
25,190
45,833
2,687
786
6,532
8,647
24,926
1,589
100 204
3,672
3,263
183
315
2,292
19,139
1,322
1,082
31,334
32,167
2,416
26,353
43,485
2,120
1,032
6,889
6,934
19,935
4,342
110,036
6,051
898
182
901
2,803
20,883
1,078
1,041
28,165
36,414
4,566
24,480
46,399
2,951
1,070
9,007
7,187
19,034
4,684
101,662
981
2,651
2,629
20,207
986
872
26,738
34,452
4,506
22,362
46,052
2,132
1,020
8,428
6,764
18,325
4,435
97,311
751
2,205
2,633
22,066
1,032
680
30,718
44,390
3,977
27,118
30,592
2,044
1,585
12,452
7,044
35,951
5,456
108,452
637
3,510
61
587
60
387
783
8,265
33,164
6,349
102,090
586
4,879
151
1,465
,
89
1,666
19,844
1,348
677
30,939
63,090
3,687
25,627
32,312
1,334
1,530
10 , 286
332,195
345,794
373,136
325,027
325,144
313,910
315,709
300,672
341,209
350,339
Canada
63,552
58,827
61,801
72,271
72,286
67,538
61,938
56,697
53,773
71,955
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics^.
Bahamas and Bermuda
,.,
Netherlands Antilles and Surinam,
Other Latin America
6/
6,138
17,878
3,087
3,045
508
6,288
5,136
8,669
1,208
23,281
3,417
6/
7,641
13,769
6,088
19,493
3,531
5,183
494
9,759
10,565
3,842
3,068
26,999
10,583
2,075
9,452
2,209
5,801
20,504
3,511
5,303
396
6,092
16,740
3,474
3,816
25,147
11,154
4,739
9,329
1,502
7,171
13,134
3,237
6,630
202
7,828
20,149
5,383
683
22,120
12,697
1,350
5,686
3,642
7,171
13,134
3,237
6,630
202
7,828
20,149
5,383
683
22,120
12,697
1,350
5,686
3,645
6,105
13,487
3,355
5,816
5,079
10,075
2,961
7,480
168
6,778
20,552
5,293
796
20,739
7,990
2,451
7,131
6,123
3,900
10,965
3,598
6,669
10,515
29,027
5,281
1,484
20,112
9,569
1,968
6,057
4,669
5,545
11,357
3,309
8,256
204
8,058
20,903
6,243
905
21,704
8,913
2,472
7,251
6,395
8,105
26,034
4,708
660
19,722
10,508
2,461
9,289
4,100
3,279
10,910
4,558
9,601
246
7,194
27,533
6,735
671
21,342
12,790
2,482
5,975
6,148
100,065
113,391
117,508
109,912
109,915
117,645
111,520
103,721
110,856
119,464
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
1,733
1,988
8,487
2,134
943
46,103
3,226
4,366
481
3,970
16,353
1,742
1,785
15,951
7,064
1,784
42, "07
3,379
5,140
384
4,479
19,148
1,736
1,790
14,800
2,474
1,408
29,188
970
7,007
536
1,024
20,585
1,469
2,412
13,829
2,570
1,454
23,665
758
4,981
723
1,739
18,046
1,469
2,412
13,829
2,570
1,454
23,635
753
4,931
723
1,739
18,051
1,768
2,377
14,036
3,179
2,341
23,412
1,769
2,352
14,080
5,388
1,053
26,714
1,588
1,310
13,273
5,083
898
24,596
669
1,403
1,873
21,555
4,459
1,287
29,275
516
4,792
2,623
305
21,909
582
5,462
809
712
21,218
19,475
1,297
1,835
15,528
2,946
1,078
31,169
389
6,212
367
601
20,557
Total Asia
89,784
103,563
81,518
71,646
71,671
76,044
80,139
73,150
81,979
89,343
667
1,117
669
322
560
281
548
259
5,795
1,122
10,484
5,506
8,114
8,954
4,053
6,255
10,478
2,070
5,710
10,007
1,896
5,410
3,086
1,306
11,009
1,489
2/
11,213
8,776
13,872
669
322
10,482
5,470
8,114
4,420
305
467
244
11,837
10,096
10,053
1,046
1/
5,099
369
14,433
2,571
9,669
8/
35,283
32,697
25,057
25,095
20,612
19,099
18,120
21,989
31,462
9,607
12,705
12,641
4,417
17.715
6,409
16,712
4,315
16,712
5,424
25,442
4,467
27,348
5,872
26,692
5,339
25,920
7,773
25,070
9,319
29,896
17,058
24,124
21,527
22,136
29,909
33,220
32,031
33,693
34,389
94
101
190
134
124
634
634
32
104
45
96
24
^
Total Latin America
Asia:
China Mainland
Africa;
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
Total Africa
Other countries;
Australia
All other 2/
Total other countries
W
.
.
International and regional;
International
European regional
Latin American regional
Total international and regional.
Grand total
1/
2/
153
233
200
4,326
722
304
32
24
505
4,463
764
695
137
577
20,983
11
153
327
291
104
158
204
666
666
149
107
615,645
674,243
691,075
625,544
626,405
630,912
622,291
585,057
648,653
697,059
As reported by exporters, importers, industrial and commercial firms,
Data exclude
and other nonfinancial concerns in the United States.
claims held through United States banks, and intercompany accounts
between United States companies and their foreign affiliates. Beginning with the May 1965 issue, the detailed breakdown as of the most
recent date for which data are available will be shown in Table lA
of this Section.
Data are included from firms reporting for the first time as of
March 31, 1963 (seventh revised series), and December 31, 1963 (eighth
The eighth revised series also includes claims
revised series)
The ninth revised series includes
previously held but not reported.
reports from firms having $500 thousand or more of liabilities or
of claims; for previous series the exemption level was $100 thousand.
The exemption level was raised to relieve smaller firms of reporting,
without affecting the reliability of the statistics.
.
.
)
,
Treasury Bulletin]
102
CAPITAL MOVEMENTS
Section IV - Supplementary Data by Countries
Table 1.- Short-Term Liabilities to and Claims on Foreigners Reported by Nonflnanclal Concerns
1/
(Con.
(Position at end of period in thousands of dollars^
Claims on foreigners 2/
Seventh revised series
Eighth revised series
Ninth revised series
Country
1963
March
June
September
Europe:
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.
S.
S.
5,a7
2i,395
5,9-12
3,678
59,111
1U,150
5,637
81,817
23,682
5,959
8,i93
25,160
17,3-i6
"if ..
..
R
Other Eastern Europe^/ (J
Total Europe.
28,19i
5,786
195,512
2,548
i,342
1,054
1,694
4,989
27,346
6,984
3,269
50,250
105,913
6,082
89,358
27,917
5,449
6,818
23,046
19,594
34,849
6,667
200,544
3,182
3,461
5,527
26,323
4,704
3,369
48,415
105,605
6,951
101,650
24,083
5,555
6,913
25,765
19,477
30,116
6,239
218,488
3,286
4,278
160
3,473
140
2,764
619,947
629,351
649,648
Canada
829,751
917,540
886,524
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics^.
Bahamas and Bermuda
Netherlands Antilles and Surinam.
Other Latin America
30,719
107,964
25,271
17,568
5,753
58,329
13,398
13,807
6,685
33,446
21,564
6/
6,507
39,563
29,466
103,302
25,945
20,064
5,959
55,511
13,704
18,892
4,950
37,052
37,690
9,614
9,351
10,632
28,303
112,131
22,918
21,696
6,367
53,344
12,629
19,124
4,410
37,678
39,981
10,329
9,675
8,482
380,574
382,132
387,567
100
^^
Total Latin America
Asia;
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
4,435
49,652
2,934
7,367
125,786
3,851
10,359
4,904
5,016
38,993
46
3,466
49,356
3,790
6,822
140,000
4,439
11,023
5,588
4,742
44,155
Total Asia.
253,397
273,427
253,619
3,407
7/
8,964
11,810
7/
2,353
1,095
8,224
14,809
14,952
2,280
1,047
9,177
11,959
17,799
41,433
42,262
26,193
27,046
27,599
7,545
28,251
7,152
77,420
35,144
1,409
220
2,735
108
55
4,166
41,656
6,503
7,416
130,108
3,512
10,643
3,253
4,072
42,235
Vfrica;
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
Total Africa.
Other countries;
Australia
All other 7/
Total other countries
^
International and regional:
International
European regional
Latin American regional
Total international and regional.
Grand total
1,409
3,063
2,162,498
2,282,090
19U
1963
December
December
March
196i
June
June
September
s
.
lane
1965
103
CAPITAL MOVIMENTS
Table lA.
-
Section IV - Supplementary Data by Countries
Short-Term Liabilities to and Claims on Foreigners Reported by Nonflnanclal ConcernpPrellmlnary Details as of December 31, 19641/
(Position in thousands of dollars)
Liabilities
Country
Payable
Total
in
dollars
Europe ;
Austria
1
,666
Belgiu.Ti
19
,8U
Deninark
Claims
Payable in foreign
currencies
Payable
Payable
in
foreign
currencies
1,266
16,937
1,712
558
400
2,907
136
Ul
3,498
2,504
335
6,411
20,250
183
dollars
6,669
18,591
6,268
6,752
52,331
139,834
9,840
95,160
37,486
7,761
4,091
41,973
19,095
21,833
4,328
17,903
6,094
4,934
48,686
109,211
6,807
36,356
32,861
7,562
3,614
39,602
18,766
18,487
8,340
Deposits with
banks abroad
in reporter'
own name
193
179
29
1,538
875
26,136
959
3,166
Other
1,648
509
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe,
,848
677
30 ,939
63 ,090
3 ,687
25 ,627
32 ,812
1 ,334
1 ,580
10 ,286
8 ,265
33 ,164
6 ,349
102 ,090
586
4 ,879
151
1 ,465
203
9,084
287,994
3,273
9,016
298
2,227
539
122
Total Europe
350,339
290,143
60,196
779,626
641,408
73,606
64,612
71,955
41,590
30,365
1,011,292
857,490
25,089
128,713
2,613
666
1,672
28,021
140,288
23,751
21,249
1,353
66,233
11,559
23,696
9,662
42,074
45,545
16,493
4,052
9,157
433
1,498
2,021
2,731
1,166
2,638
95
232
30,475
144,517
25,234
24,745
4,285
68,952
11,992
25,722
10,021
48,743
51,265
17,377
4,145
9,618
477,091
443,
Canada
Latin America:
Argent ina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics...
Bahamas and Bermuda
Netherlands Antilles and Surinam,
Other Latin America
Total Latin America
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
1
,279
,910
558
,601
246
,194
,533
,735
671
,342
,790
,482
,975
27,
60,586
3,352
19,216
12,562
1,151
1,055
9,343
8,108
30,784
5,871
83,951
574
4,263
151
1,262
9,238
4,028
7,634
218
6,839
27,458
119
525
943
157
2,380
478
18,139
12
616
530
1,967
28
355
75
827
,U8
5,908
472
3,210
10,205
2,432
5,880
5,916
119,464
92,051
27,413
1,403
1,873
21,555
4,459
1,287
29,275
516
4,792
2,623
16
244
3,590
184
187
4,948
199
18,132
2,585
50
2U,592
3,250
7,101
293
1,566
U3
4,014
44
323
1,094
59
3,013
633
28,915
18
1,874
317
858
2,927
705
77
446
52
2,230
1,994
798
U5
230
2,770
4,487
2,074
5,138
611
155
154
1,277
270
378
111
44,437
5
41
2,014
356
1,580
307
4,439
3,726
81
297
54
164
12,671
21 , 277
39
;
Other Asia
20,983
1,387
1,629
17,965
4,275
1,100
24,327
464
3,339
2,563
304
14,314
Total Asia
89,343
71,667
17,676
352,102
244,212
72,077
35,313
4,420
4,205
215
48
5,493
705
10,990
8,005
22,742
21
190
151
673
2,763
1,586
131
407
1,901
1,625
Tlialland
Africa;
Congo (Leopoldville)
577
191
190
7,363
32,766
3,801
5,772
122,474
3,970
9,387
4,863
5,187
47,939
396
7,750
400
3,046
54,471
38
1,055
107
142
4,672
297
1,944
143
1,028
23,560
193
982
60
273
6,669
8,556
42,460
4,344
9,846
200,505
4,201
11,424
5,051
5,434
60,090
52
1,453
1
81
105
7,479
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
369
3<il
14,433
2,571
9,669
14,210
2,342
7,837
1,832
6,192
1,026
11,548
12,669
25,953
Total Africa..
31,462
28,915
2,547
57,388
47,935
4,711
4,742
Other countries;
Australia
All other
25,070
9,319
18,
7U
7,630
6,356
1,689
38,093
6,754
32,625
4,494
2,524
383
1,372
34,389
26,344
8,045
44,847
37,119
3,412
4,316
96
96
59
59
11
11
198
198
107
107
260
260
697,059
550,817
2,722,606
2,271,567
191,566
259,473
Total other countries.
International and regional ;
International
European regional
Latin American regional
Total international and regional
Grand total
1/
22,
229
3_
Beginning with the May 1965 issue, the detailed breakdown as of the most
recent date for which data are available are shown in this section.
146,242
2,9U
3
Treasury Btdletin
104
CAPITAL MOVMENTS
Table
Jane 1965
105
CAPITAL MDVMENTS
Table 3.
-
,
Section IV - Supplementary Data by Countrlee
Short-Term Banking Liabilities to Foreigners In Countries and Areas
Not Regularly Reported Separately!/
(Position at end of period in thousands of dollars)
December
Country
"Other Western Europe"
Cyprus
Gibraltar
Iceland
Ireland, Republic of
Luxembourg
Monaco
"Other Eastern Europe"
Albania
Bulgaria
Czechoslovakia 2/
Estonia
Hungary
Latvia
Lithuania
Poland 2/
Rumania 2/
Soviet Zone of Germany
"Other Latin American Republics"
Bolivia 2/
Costa Rica
Dominican Republic 2/
Ecuador
Guatemala 2/
Haiti
Honduras
Jamaica
Nicaragua
Paraguay
El Salvador 2/
Trinidad and Tobago
"Other Latin America"
British West Indies
French West Indies and French Guiana
"Other Asia"
Aden and South Arabia
Afghanistan
Bahrain
Burma
Cambodia
Ceylon
Goa
Iran 2/
Iraq
Jordan
Kuwait
Laos
Lebanon
Malaysia
Nepal
Pakistan
Ryukyu Islands (including Okinawa)..
Saudi Arabia
Syria
Viet-Nam
"Other Africa"
Algeria
Ethiopia ( including Eritrea)
French Somaliland
Ghana
Guinea
Ivory Coast
Kenya
Liberia
Libya
Malagasy Republic
Mauritania
Mozambique
Nigeria
"Portuguese West Africa"
Somali Republic
Southern Rhodesia
Sudan
V
T'anisia
"Other countries"
New Caledonia
New Zealand
1/
I960
617
728
5,632
2,906
10,830
1,729
722
1,657
6,974
10,696
7,361
2,687
1,063
695
4,700
5,990
8,598
2,448
275
2A3
1,419
781
1,453
1,838
356
411
13,522
1,379
2,236
1,121
981
1,365
1,713
400
377
10,560
2,352
1,633
9,735
1,922
1,321
5,667
22,472
3,077
32,567
29,127
58,037
53,4A9
47,862
12,940
20,031
5,564
34,963
8,892
41,690
2,286
35,050
35,909
40,649
62,082
63,198
17,312
26,292
4,689
52,255
8,396
57,781
5,487
43,186
31,495
55,709
67,060
48,702
14,348
26,044
6,994
42,393
11,377
56,023
7,367
9,043
1,044
11,665
1,310
6,344
643
1,104
2,757
5,288
1,415
2,468
3,563
4,995
1,397
9,865
6,931
3,101
472
23,505
19,849
2,792
46,539
8,818
76,320
24,104
2,059
17,341
21,722
61,710
2,111
12,127
3,344
4,178
1,592
22,103
2,130
3,664
537
657
1,242
3,148
3,240
16,111
177
466
1,042
178
1,170
1,774
966
1,638
1,029
540
504
318
7,205
1,507
1,263
23,129
19,804
36,884
27,338
43,937
10,673
15,032
3,411
11,928
4,561
24,270
1/
11,294 3/
14,042 1/
399
533
,340
,788
515
2,435
3,616
574
4,501
15,297
6,470
902
31,349
20,190
1,608
27,124
4,636
52,283
7,557
981
10,065
14,599
24,871
2,558
7,906
,869
,919
,359
,439
,772
,839
,588
,963
,211
,149
,157
,593
,241
,403
,155
,589
422
9,292
891
923
52
616
n.a.
16,763
5,590
246
23,182
16,498
42,028
36,283
40,865
10,487
13,776
3,255
14,838
12,606
4,858
110
18,742
8,489
1,161
33,033
14,007
65,873
18,368
1,106
15,850
17,030
28,384
4,894
10,057
504
11,061
776
1,063
1,258
1,607
17,045
758
4,068
389
n.a.
1,360
540
n.a.
17,619
5,496
639
21,048
2,510
26,796
656
21,864
1,878
2,843
5,421
326
440
1,550
21,772
419
1,662
6,469
1,990
1,216
1,420
35,081
1,407
3,967
2,191
793
332
3,538
3,949
1,558
1,140
1,524
1,115
421
368
8,899
1,650
1,557
851
26,173
13,284
22,835
23,595
45,773
9,865
14,769
1,840
17,345
4,874
21,936
2/
933
December
1964
1962
462
5,076
2,728
12,574
4,144
574
6,088
1,084
1,295
April
1964
1963
1961
U9
52
33,361
22,870
2,737
49,921
6,533
108,063
24,336
2,049
16,076
31,588
150,950
5,742
17,914
992
903
22,275
1,740
6,433
853
936
2,109
22,009
14,084
32,U3
1,011
6,323
376
645
914
17,
8U
14,893
423
561
11
180
662
1,027
1,576
1,495
432
n.a.
n.a.
n.a.
•.,491
2,046
n.a.
n.a.
2,410
n.a,
23,422
n.a.
2,715
56,363
4,978
84,194
22,167
n.a.
23,056
n.a.
197,229
7,583
19,043
1,529
33,736
1,583
5,589
395
1,367
2,574
20,011
28,921
638
23
2,505
571
840
6,774
2,432
10,881
4,374
2,492
975
32
1,362
10,475
1,783
18,824
4,685
5,173
8,697
17,384
4,110
29
1,378
17,286
2,975
824
4,501
2,018
798
1,361
17,811
2,450
574
906
n.a.
4,432
508
n.a.
2,232
949
11,956
2/ Reported by banks in all Federal Reserve Districts.
Through 1962, except as noted, data are based on reports from banks in
the Second (New York) Federal Reserve District only, and include funds
2/ Data for Jamaica (1960) and Trinidad and Tobago (1960-61) included
with British West Indies.
held in an account with the U. S. Treasury; subsequent data are as reported
Includes data reported for Malawi (formerly Nyasaland) and Zambia
by banks in all Federal Reserve Districts. They represent a partial
the
Northern Rhodesia)
dates
for
breakdown of the amounts shown for the corresponding
( formerly
Bulletin."
"Treasury
the
monthly
series
in
n.a.
available.
regular
Not
"Other" categories in the
V
,
.
.
Treasury Bulletin
106
CAPITAL MOVBffiNTS
Section IV - Supplementary Data by Countries
4.of Long-Term Securities by Foreigners During Calendar Year 1964
and
Sales
Purchases
Table
(In thousands of dollars)
Sales by foreigners
Purchases by foreigners
Country
Total
U. S.
purchases Government
bonds and
notes
Domestic securities
Foreign securities
Domestic securities
Corporate and
other
Bonds
Total
sales
Stocks
U.
Bonds
Europe;
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U. S. S.
R
12,765
2,313
12,826
38,203
2,602
817
145,021
62,767
1,813
4A, 572
135,096
5,270
18,573
20,840
3,365
942,615
402
632,671
6,139
30,949
473
22
462
202
17,746
1
26
n,283
202
2,855
1,388
128
11,793
5,991
191,823
155,020
2,399
75,701
233, i05
47,71/1
19,107
33,875
71,2A2
1,194,931
250
2,710
775
31
902
3,263
6,490
5,64,8
22,012
7,028
17,342
47
685
18,976
45,559
297,822
201,168
24.9
111
577
1,261,924
6,720
57,730
3,555
3,951
391
2,604
13
4,741
24,724
6,085
4,860
24,200
48,873
65
24,515
12,240
17,131
146
10,997
23,137
158,134
149
67, '13
Total Europe.
1,166
13
62,550
500
81
10,614
1,089
1
Other Eastern Europe.
152
16,766
123
64
16,337
38,654
99
3,108
77,158
1,481
92
1,242
3,752
41,595
10,375
84,019
15,029
30,301
231,200
110,496
2,406
92,589
164,697
88,202
17,205
33,425
149,484
1,317,516
12,733
1,140,490
4,832
55,867
1
41
7
1,444
3,470,148
357,939
303,816
2,105,003
439,026
264, 364
3,562,351
1,978,871
737,935
116,235
527,357
159,192
438,152
2,637,678
Latin America:
Argentina
Brazil
Chile
Colombia
33,342
16,949
11,181
13,033
39
821
203
60
25
836
1,083
1,395
322
58
5
74,436
49,167
8,383
29,382
45,262
11,553
48,295
102,994
4,575
393
741
940
155
504
283
1,441
5,122
110
18,121
12,399
8,332
8,549
18
31,112
43,140
6,257
20,092
27,804
7,403
29,531
86,056
2,874
13,525
3,046
1,231
3,841
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
218
163
296
27
1,022
813
103
1,138
357
956
2,851
6,414
73
35,857
2,874
144
6,662
14,741
2,138
10,022
3,167
1,401
6,052
1,594
939
1,335
1,856
773
4,450
2,235
117
19,636
11,675
7,317
8,162
72
111,580
61,440
6,763
28,187
39,547
25,654
43,252
100,246
3,420
448,610
10,021
15,257
301 688
98,649
22,995
466,951
3
31
369
2,020
240
2,517
105
2,716
4,312
2,4A4
85,884
4,419
629
107,706
20,891
American Republics...
Bermuda
Antilles and Surinam,
America
Total Latin America.
,
Asia;
China Mainland.
Hong Kong
India
Indonesia
Israel-.
Japan
Korea
Philippines,
Taiwan
Thailand
Other Asia
..
Total Asia.
,
8
34
89,142
2,742
400
12,402
39,662
128
2,238
2,196
10,209
57,614
12,539
3,935
79,301
715
160
2,253
3,113
123
1,103
423
186
35,013
216,767
17,790
8,112
122,421
6,415
2
3
457
264
723
9
149
5
7,116
23,537
513
12,450
5
61
609
1,576
11,733
1,746
2,867
45,305
50 828
17,616
281,390
1
10
199
791
2,591
1,571
5,919
262
1,050
10,000
4,551
,
14
Congo ( Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
224
769
7,389
1,930
14,190
158
4
54
8,271
232
219
520
874
1,906
2,909
2,654
27
100
24
124
Total Africa...
24,502
8,429
290
6,428
9,079
276
11,071
25,130
5,121
19
4
1,538
1,380
19,258
2,901
4,315
784
3,693
1,539
30,251
784
23
2,918
22,159
4,367
172,519
6,805
988
15,514
16,930
10,366
129,030
6,805
679
Other countries:
Australia
All other
Total other countries.
International and regional:
International
European regional
Latin American regional..
Total international and regional.
Grand total
52
988
180,312
16,502
16,930
10,366
135,835
679
6,349,461
1,149,400
460,663
3,076,181
914,768
748, 4A9
5
S.
Government
bonds and
notes
Jane 1965
107
.COBPORflnONS AND CERTAIN OTHEE BOSINESS-TYPE ACTIVITIES,
The current financial statements of corporations and
certain other business-type activities of the United States
Govemnient vrtilch appear In the "Treasury Bulletin" beginning
with the August 195^ issue are compiled from reports submitted to the Treasury under Department Circular No. 966,
Issued January 30, I956, and Supplement No. 1, Issued June
The regulations so Issued are pursuant to Section
1, 1956.
111+ of the Budget and Accounting Procedures Act of 1950
(31 U.3.C. 66b),
and represent another step in the program
of comprehensive and Integrated Government accounting and
financial reporting for which authority was provided In
They supersede Budget-Treasury Regulation No. 3,
Issued under Executive Order No. 2512 of August 13, 19'^0,
that act.
as amended by Executive Order No. 30Sk of March 3, 191^2,
under which financial statements previously published In
the Bulletin were submitted.
In coverage, Department Circular No. 966 requires
submission of financial statements by all wholly owned and
mixed-ownership Government corporations specifically included in the Government Corporation Control Act, as amended
(31 U.3.C. gU6, 356); and all other activities of the Government operating as revolving funds for which business-
statements of financial condition are published quarterly
and appear as Section I in the series of tables.
data under the new regulations
The first
for March 31, I956, and
were presented In the August 1956 Bulletin. Statements of
Income and e^ense and source and application of funds are
are-
published semiannually, for June 30 and December 3I reporting dates, and appear as Sections II and III. The first of
these statements under the new regulations cover the fiscal
year 195^, and were published In the January 1957 Bulletin.
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.
Supplement No.
1
added to the coverage by including
all executive agencies and activities not reporting under
Department Circular No. 966, but required only a statement
of financial condition annually as of June 30.
These are
mainly not business-type activities, and those which had
not yet developed formal accounting procedures to provide
complete balance sheet types of stat =!mente were authorized
temporarily to report only the asset side.
Thus the sup-
plement rounds out provision for the Information on prop-
type public enterprise or Intragovemmental fund budgets
erties
are required by the Bureau of the Budget.
Treasury has been asked to furnish to the Conmiittee on
Government Operations, House of Representatives, for a
Other activities
and agencies whose operations, services, or functions are
largely self-liquidating or primarily of a revenue-pro-
£ind
assets of the United States Government
continuing study of the assets of the Government.
ducing nature, and activities and agencies whose operations
comprehensive reporting under Supplement No.
result in the accumulation of substantial Inventories,
30.
in-
vestments and other recoverable assets, may be brought
under the regulations as agency accounting systems are
developed to the point where they are capable of furnishing the financial reports required.
Pour kinds of financial statements are called for by
Department Circular No. 966.
cial condition,
of funds,
They are statements of finan-
Income and expense, source and application
and certain commitments and contingencies.
The
1957,
anfl
1 Is
vrtiloh
the
The first
for June
the data were published in the December 1957
issue of the Bulletin as Part B of Table ^ in Section I.
A summary of loans outstanding for a series of dates
is Included in Section I of the Bulletin presentation be-
ginning with the June I95S Issue. Two classifications of
the loans are shown, one by type and one by agency. Data
prior to 1956 are based on the earlier reporting requirements, which provided for complete coverage of Government
lending agencies.
108
nr
,
,
kne 1965
109
»— CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statementp of Financial Condition
Table 2.- Public Enterprise Revolving Funds, March 31, 1965
(in thousands of dollars)
Office of
Economic
Opportunity
Account
Total
Economic
opportunity
loan fund
ASSETS
Cash in banks, on hand, and in transit,,.
Fund balances with the U. S. Treasury 1/,
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 eqxiipment
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 agencies, ,,..
Other
Bonds, debentures, and notes payable:
Government agenc ies.,,,..... ...........
Other: Guaranteed by the U. S.. ..••••••
Not guaranteed by the U. S. .....
Other liabilities (including reserves)...
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury...
Other
Noninterest-bearing investment:
Capital stock, ,,.,.. ••...••.
Appropria t ions
.....,,,,,.,..
Capitalization of assets (net).......
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)................,....
Agency for International Development
Alliance for
Progress
development
loans
Development
loans
Development
loan fund
liquidation
account
Agriculture
Department
Foreign
investment
guaranty
fund
Commodity
Credit
Corporation
U9,959
6,619,819
4,082
20,815
952,700
2,011,896
324,491
80,070
1
1
,090
2,172,258
133,807
-11,0i9
287,879
7,569
32,251
5,973
233
231,89i
i93,6i6
5,651,992
-962,145
16,036
1,112
180,031
33,500
17,748,483
1,112,460
-366,656
930,542
5,827,443
-1,738,014
1,139
3,242,098
41,796,056 2/
141,492
366,842
4,172,967
-961 ,003
13
1,048
3,190
26,489
4,434
463,768
1,431,598
276,812
1,112,460
30,000
3,058,976 2/
-4U
-96,112
231,550
-155,476
2,426,927
1
24,819
1,423,489
3,4^6,685
1,740,487
109,769
489,938
678,925
167,779
1,170
80,070
9,232,503
2,356
103,670
79
14
358,512
122,864
140
1,193
559,487
136,173
551,150
39,783
159,233
543,708
190,011
5.241.567
8,277,923
_t2_
14
100,000
22,304,306
1,456,686
1
3.326,299
4,504,635
79
100,000
12,783,000
,041 ,000
15,518,560
1,582,852
1,640,317
-9,778,667
25,250
1,225,000
3,548,528
2,000,000
30,000
-115,636
13,793
-102,526
189,754
27,861
-444
191,800
6,689
-346,921
22,197
-8,155,132
-346,821 4/
33,513,133"
24,806
1,423,489
3,446,685
1,740,407
80,058
4,727,868
Total liabilities and investment.
41,796,056
24,819
1,423,489
3,U6,685
1,740,487
80,070
9,232,503
AMALYSIS OF UNITED STATES INVESTMENT
United States investment.................
Accumulated net income, or deficit (-)..,
43,296,800
-9,778,667
25,250
-44A
1,416,800
6,689
3,432,892
13,793
1,550,653
189,754
57,861
22,197
12,883,000
-8.155.132
S. investment incl, interagency items.
Interagency items:
Due from Government agencies (-),.....,
Due to Government agencies
33,518,133
24,806
1,423,489
3,U6,685
1,740,407
80,058
4,727,868
-407,883
1,507,554
14
investment excl, interagency items.
34,617,804
24,819
Total United States inta-est
U,
U.
S,
Footnotes at end of Table 8.
-171,492
912,019
1,423,489
(Continued on following page)
3,446,685
1
,740,407
80,058
5,468,395
110
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TTDPE ACTIVITIES.
Section I - Statements of Financial Condition
2.Public Enterprise Revolving Funds, March 31, 1965 - (Continued)
Table
(In thousands of dollars)
Agriculture Department
-
Commerce
Department
(Continued)
Farmers' Home Administration
Federal
Crop
Insurance
Corporation
Account
Direct
loan
account
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U. S. Treas\iry l/.
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
currency
loans
Foreign
Allowance for losses (-)
Acquired security or collateral (net),...
Land, structures, and equipment
Accumulated depreciation (-).,.....,...
Foreign currencies.
Other assets (net )•
•••.••.•••,
58
^5,556
2,070
3,850
-
LIABILITIES
NET INVESTMEOT
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 (-).,..••.«••....•.•••..
Total United States Interest
Total liabilities and investment
'
interagency items.
Interagency items:
agencies
Government
(-)..,.,..
Due from
.•••.«..
Due to Government agencies
U, S, investment incl,
S.
investment excl. Interagency items.
Footnotes at end of Table
8.
^0,000
10i,70-i
277
-525
-100,663
^3,793
ANALYSIS OF UNITED STATES INVESTMENT"
United States investment...,.,,,,,,,,....
Accumulated net income, or deficit (-)...
U.
7,032
10,9-ia
Total liabilities
11
29,843
Total assets
Accounts payable:
Government agenc ies ••••.,....•....
Other
,
Accrued liabilities:
Government agenc ies .,.•,•
Other
Advances from:
Government agencies..
.,,
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
...•.••.
Other: Gxiaranteed by the U. 3
Not guaranteed by the U. S......
Other liabilities (including reserves)...
137,713
Emergency
credit
revolving
fund
Agricultural
credit
insurance
fund
Rural housing
for the
elderly-
revolving fund
Expansion
of defense
production
Aviation
war risk
insurance
revolving
fund
June
.
1965
111
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, March 31, 1965
(In thousands of dollars)
(Continued)
.
Treasury Bulletin
112
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, March 31, 1965
(In thousands of dollars)
-
(Continued)
.
Jane 1965
113
CORPORATIONS AND CERTAIN OTHER BUSINESS-TIPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, March 31, 1965
(in thousands of dollars)
(Continued)
,
lU
Treasury Bulletin
,
CORPORATIONS AND CERTAIN OTHEE BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condi tlon
Table 2.- Public Enterprise Revolving Funds, March 31, 1965
(In thousands of dollars)
Interior Department
( Continued)
Account
Virgin
Islands
Corporation
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury 1/.
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, atructxires, 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 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 liabilities
NET 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 (-)....•..••••. •.,..,,.••.••.
Total United States interest
Total liabilities and investment..,,,.,,,
ANALYSIS OF UNITED STATES INVESTMENT
United States investment..,,.,..
Accumulated net income, or deficit (-).,,
interagency items.
Interagency items:
Due from Government agencies (-)..•••••
Due to Government agencies.. •••••,.,•..
U. S. investment incl,
U. S. investment excl. interagency items.
Footnotes at end of Table
8.
1
720
6
1,096
1,339
-
-
(Continued)
.
Jane 1965
115
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, March 31, 1965
(In thousands of dollars)
-
(Continued)
Treasury Bulletin
116
CORPORATIONS AND CERTAIN OTHER BUSINESS-TTCPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, March 31, 1965
(In thousands of dollars)
-
(Continued)
.
Jane 1965
117
CORPORATIONS AND CERTAIN OTHER BUSINESS-T1TE ACTIVITIES
Table
2.-
Section I - Statements of Financial Condi tlon
Public Enterprise Revolving Funds, March 31, 1965 - (Continued!
(in thousands of dollars)
Treasury Bulletin
118
CORPORATIONS AND CERTAIN OTHER BUSINESS-TTCPE ACTIVITIES.
Table
2.-
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, March 31, 1965
(In "thousands of dollars)
(Continued)
h
June 1965
119
,
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, March 31, 1965
(In thousands of dollars)
(Continued)
.
Treasury Bulletin
120
CORPORATIONS AND CERTAIN OTHER BUSINESS-TlfPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, March 31, 1965 - (Continued)
(In thousands of dollars)
.
:
June 1965
121
CORPORATIONS AND CERTAIN OTHER BUSINESS-TIPE ACTIVITIES
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, March 31, 1965
(In thousands of dollars)
Legislative
Branch
Agency for
International
Development
Total
Government
Printing
Acquisition
of property
revolving
fund
Agriculture Department
Agricultural
Research
Service
Forest
Service
Working
capital
Working
capital
fund
fund
Commerce Dept.
Working
capital
National
Bureau of
Standards
Working
capital
fund
fund
ASSEIS
Cash in banks, on hand, and in transit,.
Fund balances with the U. S. Treasury 1/
Investment s
Public debt securities (par value),...
Securities of Government enterprises..
Unamortized 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 enterprises
Other
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:
agencies
Government
Other
Accrued liabilities:
Government agenc ies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentxires, and notes payable:
Government agencies
229
3,061,654
6
161
13,872
4,020
667
4,047
351
81
9,415
50,930
728,039
83,261
6,164,431
-335
11,889
100
16,867
48
32,399
599,075
-262,866
203,560
26,734
-16,008
294
10,637,393
74,368
357,523
423,882
3,568
769
150,918
40
572
1,583,285
11,254
1,838
479
379
4,086
637
-369
8,484
151
2,996
384
1,786
401 ,232
3,221
95
458
19,037
2,045
1,096
33
15
1,561
4,844
295
4,890
46,454
1,217
-750
82,966
-14,724
-21
,
1
50
50
11
59,551
1,510
36,332
2,237
165,351
106
73
1,192
773
226
226
317
41
102
395
392
93
115
1,584
51
23,428
1
17
211
Other:
Guaranteed by the United States
Not guaranteed' by the United States.,
Other liabilities (including reserves)...
Total liabilities
4,086
228
534
351
3,459
2,984
999
28,920
301
27,517
400
556
11,554
123,684
106
5,831
282
1,193
2,932,241
11,386
4,545
803
590,287
399,827
6,612,032
103,006
11,000
33,815
5,000
300
18,166
-1 ,061
NEI 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 (- )
,
Total United States interest.
7,705,152
62,981
3,939
707
33,348
1,238
136,431
Total liabilities and investment.
10,637,393
74,368
8,484
1,510
36,332
2,237
165,351
7,602,146
103,006
44,815
18,166
5,000
-1,061
601
27,517
956
106
5,831
282
135,238
1,193
7,705,152
62,981
3,939
707
33,348
1,238
136,431
-737,454
1,944,571
-16,867
1,976
-479
106
-2,045
1,284
,096
328
-19,118
23,543
8,912,270
48,090
334
32,587
469
140,856
ANALYSIS OF UNITED STATES INVESTMEM
United States investment
Accumulated net income, or deficit (-)...
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,
,
,
,
3,939
(Continued on following page)
-1
Treasury Bulletin
122
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, March 31, 1965
(In thousands of dollars)
-
(Continued)
.
:
Jane 1965
123
CORPORATIONS AND CERTAIN OTHEK BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funde, March 31, 1965
(Continued)
(In thousands of dollars)
Defense Department - (Continued)
Accoxmt
Army
Department
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
Bonds, debentures, and notes payable:
Government agencies
36,279
26,226
670
7,704
Public Health Service
-
(Continued)
Corps of
Engineers
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury 1/.
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized 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 enterprises
Ot her
Loans receivable:
Govemment agencies
Other
Allowance for losses (-)
Acquired security or collateral (net)...
Land, structures, and equipment
Accumulated depreciation (-)
Other assets (net)
Health, Education, and Welfare Department
Navy Department
V
Industrial
fund 2/
Marine Corps
stock fund
125,465
1,218,063
30,942
7,481
10
4,051
249
82,256
779
190,202
1,039
836
214,802
Stock
fund
35,13a
5,232
961,274
266,158
-139, 5U
Service and
supply fund
Narcotic
hospitals
Working
capital fund
Office of
the Secretary
Working
capital fund
955
179
-253
1,409
67
413
2
1,811
251
332
404
-229
411
543
-249
-296
603
659
1,343
3,651
1,593
200,614
1,177,488
1,499,011
249,462
4,461
919
12,792
42,830
36,156
18,328
18,031
4,515
9,718
U8
2
768
28
185
241
185
14
129
3,119
42,8
112,535
1,068,117
2,503
2,198
6,224
y
92
Other:
Guaranteed by the United States
Not guaranteed' by the United States..
Other liabilities (including reserves)...
Total liabilities
NEI
46,216
68,350
4,387
83,373
187
107,207
1,198
135
1,326,721
15,431
1,537
44
834
450
2,093
134
99
254
381
382
256
INVESTMEhTT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury...
Other
Noninterest-bearing Investment
Capita 1 stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (- )
190,369
24,079
96,760
-U,909
234,030 4/
1,094,115 4/
26,830
11,424
Total United States Interest.
132,264
1,094,115
1.72,290
234,030
2,924
615
509
Total liabilities and investment.
200,614
1,177,488
1,499,011
249,462
4,461
659
1,343
ANALYSIS OF UNITED STATES INVESTMEWT
United States investment
Accumulated net income, or deficit (-)..
120,839
11,424
1,094,115
145,460
26,830
234,030
2,543
381
233
382
254
256
132,264
1,094,115
172,290
234,030
2,924
615
509
-26,226
3,118
-35,138
42,830
-82,266
1,086,445
-1,039
4,515
-1,509
448
-67
2
-413
277
109,155
1,101,807
1,176,469
237,506
1,863
550
373
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.
(Continued on following page)
:
.
124
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHEE BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, March 31, 1965
(Continued)
(in thousands of dollars)
Interior
Department
Office of
the Secretary
Account
Working
capital fund
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury 1/.
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount C-)..Other securities (net)
Advances to contractors and agents:
Government agencies
Ot her
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)
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
Bonds, debentxires, and notes payable:
Government agencies
Other:
Guaranteed by the United States
Not guaranteed' by the United States.
Other liabilities (including reserves)..
Total liabilities
NEI INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock.
Borrowings from the U. S. Treasury..
Other
Noninterest-bearing investment
Capital stock
Appropriations
Capitaliaation of assets (net)
Other
Accumulated net income, or deficit (-)
Deposits of general'and special fund
revenues (-)
Justice
Department
Labor
Department
Office of
the Secretary
Federal
Prison
Industries,
Working
Inc.
capital fund
State
Department
Working
capital
fund
Treasury Department
Bureau of
Engraving
and
Printing
United States
Coast Guard
Supply
fund
Yard
fund
61
UO
7,888
1,060
647
4,428
3,016
8,839
27
3
283
3,653
27
532
2,892
3
1,419
14
6,476
-226
287
249
92
12,a4
132
215
6,760
-4
235
-153
26,423
-8,597
3i9
541
-316
538
-337
38,433
-14,648
691
648
42,213
1,505
1,595
33,582
10,702
25,222
1
652
1,973
135
157
13
22
94
1,091
1,116
786
124
203
105
210
1,567
53
89
134
10
9,886
-104
13,022
-6,963
6
278
750
15,804
527
152
166
30
1
308
63
584
77
98
494
96
253
1,563
152
3,300
1,216
1,230
5,120
300
169
6,363
310
364
27
32,554
-21
1
3,250
22,001
3,939
-728
654
1,901
17,434
8,812
7,755
1
-13
33
Total United States interest
496
38,913
289
365
33,462
8,8U0
7,783
Total liabilities and investment
6i8
42,218
1,505
1,595
38,582
10,702
25,222
ANALYSIS OF UNITED STATES INVESTMENT
United States investment
Accumulated net income, or deficit (-)..
469
6,363
32,554
310
-21
364
34,190
-723
8,813
-13
7,755
3X.
496
38,913
289
365
33,462
3,800
7,788
-283
1
-3,653
803
301
-532
873
-2,919
816
-1,419
1,116
-237
16,236
213
36,068
591
705
31,360
3,497
23,736
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.
27
(Continued on following page)
1
June 1965
325
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES,
Table 3.
Section I - Statements of Financial Condition
Intragovernmental Revolving Funds, March 31, 1965
(In thousands of dollars)
-
(Continued)
.
Treasury Bulletin
126
CORPORATIONS AND CERTAIN OTHEE BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, March 31, 1965
(In tbousands of dollars)
:
Jane 1965
127
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
4.Certain
Other Activities, March 31, 1965 - (Continued!
Table
(In thousands of dollars)
Office of
Territories
Account
Alaska
public
works
ASSETS
Cash in banks, on hand, and in transit,,.
Fund balances with the U. S. Treasury ^Z.
Investments:
Public debt securities (par value)...,.
Securities of Ciovemment 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 secxirities 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 (-),..........
currencies,
....,,,,,,,,,,,,,,,,,,
Foreign
,,,,,
Other assets (net ).,,.,..,,.,.,
,..,,,..........
Total assets, ,,,..,.
LIABILITIES
Accoxmts 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 liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock. ...... .,,•,,,,,,.•••,.•
Borrowings from the U, S, Treasury,..
Other
Noninterest-bearing investment
,.
Capita 1 stock. ....,,, •,..•...
,,,,,.
Appropriations ,,.,.....,,.
(net)
of
assets
Capitalization
Other
Accumulated net income, or deficit (-),
Deposits of general and special fund
revenues (-),,,,..,,,,..,,,,,,,,,,,,,.
Total United States interest
Total liabilities and investment,..,..,,,
Bonneville
Power
Administration
Southeastern
Power
Administration
Southwestern
Power
Administration
Immigration
and Naturalization
Service
33
99,254
State
Department
Justice Department
Interior Department
619
18,589
23,744
55
311
362
Legal
activities
and general
administration
347
25,283
International
Boundary
and Water
Coimnission
47,101
5,400
61
78
564
9,911
4,551
342
2,436
1,124
570
92
51
2
40
219
9,902
70,695
-8,199
15,78i
538,653
-108,343
15,78i
104
-49
36,449
-9,430
22,917
65,825
45
45
3,556
615,816
3,496
47,402
51,000
7,033
28
262
64
2,062
208,243 11/
243,959
35,348
145,228
299
367
1,998
18
845
577
15,78i
9,609
11
55
1,687
3,467
2,848
327
^833
40,086
39
283
6.328
48,541
95
10,309
15,972
2,848
5,458
868, 506
12,452
72,963
15,451
22,925
191,376
-2,303
22,497
129,847 Ig/
19,478
279
-331
194,163
86,763
1,262
10,651 12/
-10,957
218,185
-45,512
-49,449
-3,791
-473,053
-203,163
-50,626
-3,938
15,78i
567,276
3,401
37,093
35,027
241.110
139.769
15,784
615.816
3.496
47.402
51,000
243.959
1^5.228
ANALYSIS OF UNITED STATES INVESTMENT
United States investment
Accumulated net income, or deficit (-),..
15,784
547,798
19,478
-190,762
194,163
48,050
-10,957
84,476
241,110
-49, U9
185,282
-45,512
U. S. investment incl. interagency items.
15,784
567,276
3,401
37,093
35,027
241,110
139,769
Interagency items:
Due from Government agencies (-)••,,•••
Due to Government agencies,, .,,,,,,,,,«
U. S.
investment excl. interagency items.
Footnotes at end of Table
8.
15,784
-5,964
-342
845
11
-55
9,609
-311
2,118
-92
2,848
562.156
3,070
46,647
36,835
243,867
(Continued on following page)
139,769
.
Treasury Bulletin
128
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
4.Certain Other Activities, March 31, 1965 - (Continued!
Table
(In thousands of dollars)
June 1965
Treasury Bulletin
130
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 5.- Certain Deposit Funds, March 31, 1965
(In thousands of dollars)
.
Jane 1965
131
.CORPORATIONS AMD CEKCAIN OTHER BUSINESS-TYTE ACTIVITIES.
Section I - Statements of Financial Condition
Table 6.- Certain Trust Revolving Funds, March 31, 1965
(in thousands of dollars)
Agriculture
Department
Defense
Department
Justice Department 2/
Office of Alien Property
Account
Total
1/
Farmers' Home
Array
Administration
Department
State rural
rehabilitation
funds 2/
United States
Soldiers' Home
revolving fund
Alien
World War II
International
Claims Settlement Act,
Title II fund
48,474
890
property
fund
Federal Prison
System
Commissary
funds, Federal
prisons
ASSETS
Cash in banks, on hand, and in transit,...
Fund balances with the U. S. Treasury 3/.
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
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
Bonds, debentures, and notes payable:
Government agencies
72,ai2
1,457
U2,702
1,477
28
211
21 347
,
-6,494
-6
1
1
59,180
529
11
1
458
1
2
106
249
4,127
352
10,536
2,052,398
-58,091
7,335
600
22,597 i/
-1,975
5
869
-235
53,694
28
80
-80
26
47,018
2,661,002
24,222
136
71,258
828
17,269
95,496
529
-84
890
907
97
13
24
3
19,017
Other:
Guaranteed by the United States
Not guaranteed by the United States.
Other liabilities (including reserves)..
1,739,195
17,168
Total liabilities
1,864,736
NET INVESTMENT
Trust interest:
Prtnoipal of fund
Capitalization of assets (net)
Accumulated net income, or deficit (-).
Total tniflt 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
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)
Total United States interest.
Total liabilities and investment.
1/
2/
213,305
861
24,424 1/
97
13
861
123
94,636
890
811
462,023
-229
675,328
24,195
123
94.636
890
811
24,222
136
95,496
890
907
26,930
50,000
44,007
120,937
2,661,002
^
^
Consists of trust revolving funds currently reporting on a quarterly, or
an annual basis.
Figures are as of June 30, 1964., the latest available,
See Table 1, footnote 1.
(Continued on following
Includes loans of $18,54.2 thousand which are insured by the Farmers'
Home Administration, agricultural credit insurance fund.
Represents transfers from States.
page)
Treasury Bulletin
132
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 6.- Certain Trust Revolving Funds, March 31, 1965 - (Continued)
(In thousands of dollars)
Footnotes 1 through 5 on preceding page.
6/ Represents unrealized purchase discounts.
:
:
Jane 1965
133
.
COEPORATIONS AND CERTAIN OTHER BUSINESS-TYFE ACTIVITIES,
Section I - Statements of Financial Condition
Table 7.- Loans Outstanding March 31, 1965, Excluding Interagency Loans and Those Made by
Deposit and Trust Revolving Funds, Classified by Types of Loans i/
fin thousands of dollars)
United States dollar lo«ns
Type of loan and lending agency
Public enterprise
revolving funds
Total 2/
To aid agricultxire:
Loans to cooperative associations:
Farmers' Home Administration:
Direct loan account
Rural Electrification Administration
Crop, livestock, and commodity loans:
36,855
3,996,373
Commodity Credit Corporation
Farmers' Home Administration:
Direct loan account
Emergency credit revolving fund
Storage facility and equipment loans:
Commodity Credit Corporation
Farm mortgage loans
Farmers' Home Administration:
Agricultural credit insurance fund
Direct loan account
Rural housing and other loans
Other loans
Economic opportunity loan fund:
Lians to aid farmers and rural families
Farmers' Home Administration:
Direct loan account
Rural housing for the elderly revolving fund
Rural housing and other loans
3,018,090
Total to aid agriculture
8,950,432
To aid home owners:
Mortgage loans:
Federal Housing Administration
Federal National Mortgage Association:
Management and liquidating functions
Special assistance functions
Federal Savings and Loan Insurance Corporation
Housing and Home Finance Administrator:
Community disposal operations fund
Interior Department:
Bureau of Indian Affairs:
Liquidation of Hoonah housing project
Public Housing Administration
Veterans' Administration:
Direct loans to veterans and reserves
Loan guaranty revolving fund
Other loans:
Veterans Administration;
Direct loans to veterans and reserves
Loan guaranty revolving fund
'
Total to aid home owners
To aid industry:
Loans to railroads:
Expansion of defense production:
Treasury Department
Other purposes:
Interstate Commerce Commission
Treasury Department:
Reconstruction Finance Corporation loans in liquir^ation
Ship mortgage loans:
Commerce Department:
Federal ship mortgage insurance fund
Maritime A(iainistration
Other loans:
Expansion of defense production:
Int er ior Department
Treasury Department
Defense production guaranties:
Air Force Department
Anqy Department
Navy Department
Other purposes:
Commerce Department:
Area Redevelopment Administration:
Area redevelopment fund
Federal ship mortgage insurance fund
1,547
36,855
V
3,018,090
9-i,250
1,547
94,250
40,886
40,886
99,955
317,998
629,772
99,955
317,998
694,168
694,168
791
4,434
791
15,309
4,308,973
159,188
159,188
1,080,227
1,155,599
134,574
1,080,227
1,155,599
134,574
3,794
3,794
159
211
V
Certain other
activities
Foreign
currency
loans 3/
.
Treasury Bulletin
134
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 7.- Loans Outstanding March 31, 1965, Excluding Interagency Loans and Those Made by
Deposit and Trust Revolving Funds, Classified by Types of Loans - (Continued) j/
(in thousands of dollars)
.
Jane 1965
135
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 7.- Loans Outstanding March 31, 1965, Excluding Interagency Loans and Those Made by
Deposit and Trust Revolving Funds, Classified by Types of Loans - (Continued)
V
(In thousands of dollars)
Treasury Bulletin
136
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
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
Part A.- Classified by Types of Loans
(
In millions of dollars)
To aid agriculture
End of
period
Total
1/
Fiscal years;
1955
1956
1957
1958
1959
I960
1961
1962
1963
196i
Calendar years;
1955
1956
1957
1958
1959
I960
1961
1962
1963
1964
Current quarters;
1963-September
1964-March
September
1965-March
30
31
30
31
Total
to aid
agriculture
Agricultural
credit
corporations
Calendar years;
1955
1956
1957
1958
1959
i960
1961
1962
1963
1964
Current quarters;
1963-September
1964-March
September
1965-March
30
31
30
31
Footnotes on page 139.
Farm
mortgage
6,361.7
6,789.6
6,827.5
6,913.4
8,489.7
7,797.5
8,428.3
9,793.0
10,872.8
11,743.9
844.6
894.4
996.5
1,227.0
1,547.4
1,697.8
1,832.2
1,998.6
2,293.5
2,507.3
2,604.4
2,774.4
2,979.3
3,191.6
3,509.3
3,748.2
3,974.4
4,231.0
4,413.8
4,656.6
2,234.0
2,452.9
2,089.2
1,688.2
2,526.9
1,360.7
1,532.3
2,272.6
2,623.7
2,339.0
634.1
275.3
314.2
359.2
454.0
504.5
558.5
661.6
838.0
992.6
20,506.3
21,091.5
22,755.6
25,851.1
28,277.7
31,122.6
34,849.2
37,728.2
40,421.0
43,035.8
6,715.4
6,785.4
6,681.1
8,684.9
7,762.5
8,299.5
9,453.1
10,376.5
11,289.6
11,773.7
686.5
733.6
928.8
1,160.5
1,396.4
1,502.0
1,651.2
1,841.9
2,100.0
2,256.1
2,721.7
2,954.1
3,152.0
3,394.2
3,715.4
3,948.3
4,168.0
4,350.7
4,649.0
4,949.0
2,669.7
2,441.6
1,840.7
3,333.9
1,752.8
1,871.3
2,486.2
2,81619
2,982.3
2,859.8
596.4
239.8
357.5
399.5
484.3
530.4
608.5
768.2
931.0
,048.0
41.2
366.2
401.9
396.7
413.5
38,067.4
40,783.2
41,355.0
43,366.7
10,131.8
12,002.5
10,890.0
12,365.1
2,322.7
2,241.5
2,521.3
2,383.6
4,495.6
4,674.2
4,750.5
5,040.2
1,731.2
3,415.7
1,855.9
3,113.9
891.9
950.7
1,025.1
1,066.6
Total
to aid
industry
Fiscal years;
1955
1956
1957
1958
1959
i960
1961
1962
1963
1964
commodity
loans 2/
Total
to aid
home
owners
19,420.5
20,547.5
21,812.9
22,893.4
27,510.7
29,568.3
31,527.1
36,154.9
38,141.8
41,630.0
To aid industry
End of
period
Cooperative
associations
To aid home ovners 2/
Crop, livestock, and
Loans to
railroads
438.5
626.9
639.6
654.2
716.8
753.6
727.7
876.1
903.0
954.4
12.7
12.7
12.3
678.3
619.3
673.9
679.9
732.8
748.0
797.9
917.8
938.5
Other
3,094.8
3,377.7
4,380.5
4,628.2
5,872.7
7,563.6
7,763.2
8,340.6
7,050.3
6,699.2
7,371.9
7,874.2
6,685.8
6,243.9
74
104
154
231
316
391
466
364.5
455.3
539.2
598.8
627.3
660.8
3,204.4
3,771.4
4,768.6
4,860.3
6,735.1
8,032.2
8,248.3
8,244.8
6,910.5
6,602.8
3,204.1
3,683.1
4,642.0
4,671.8
6,462.1
7,679.1
7,807.9
7,814.9
6,486.9
6,055.3
88.3
126.6
188.5
273.0
353.1
440.4
429.9
423.6
547.6
690.4
720.5
737.3
760.8
6,892.8
6,848.3
6,622.7
6,253.1
6,522.3
6,395.4
6,122.0
5,708.4
370.6
453.0
500.6
544.7
530.9
629.1
703.8
748.4
U7.5
3,094.6
3,302.7
4,276.0
4,473.5
5,641.6
7,^247.0
.3
To aid financial institutions
Ship
mortgage
loans
V
44.6
392.5
448.2
447.3
452.0
486.1
Mortgage
loans
Total to
aid financial
institutions
Banks
8.0
7.5
7.2
6.7
32.8
32.1
27.8
221.0
218.6
191.0
173.8
155.2
136.8
120.7
120.6
108.9
425.8
393.2
408.6
455.2
535.5
591.3
584.2
722.5
750.2
817.7
1,019.2
1,180.6
1,086.6
933.7
1,538.9
1,801.5
1,915.6
2,768.2
3,270.8
4,769.9
5.6 6/
7.2
7.2
4.2
1.8
31.7
46.1
1,039.9
11.2
12.5
10.3
7.8
7.4
7.0
32.7
32.3
31.7
27.6
260.7
219.3
216.8
186.6
165.7
151.4
128.2
114.7
114.4
113.2
406.5
387.5
446.9
485.5
559.7
589.6
637.0
770.8
792.4
899.0
1,419.0
1,235.5
1,272.3
1,300.6
2,136.1
2,027.3
2,708.3
3,480.0
4,785.2
5,325.5
6.6 6/
7.3
7.2
2.3
1.8
46.5
46.1
1.0
1.0
1.0
906.8
948.8
980.5
V107.6
31.7
31.1
27.7
27.6
116.9
112.6
107.3
110.8
758.2
805.1
845.4
969.2
4,025.2
4,169.0
4,837.9
4,747.9
(
1.1
1.0
1.0
1.0
1.0
1.0
1.0
Continued on following page)
Mortgage
loan
companies
To aid
education
To aid
States,
Territories,
Foreign
loans
Other
loans
etc.
1,013.5
1,173.4
1,079.4
929.5
1,537.1
1,769.8
1,869.4
2,767.1
3,269.8
4,768.9
81.7
113.2
209.8
374.9
585.7
830.4
1,088.8
1,393.5
1,771.4
2,109.4
255.2
226.8
243.0
270.9
310.0
343.9
402.3
523.1
591.4
625.3
8,032.4
8,171.6
3,300.2
9,046.2
9,924.7
10,266.8
10,991.2
12,196.3
13,339.6
14,341.1
136.9
61.1
125.7
71.9
72.3
205.9
209.5
259.1
342.6
336.3
1,412.4
1,228.2
1,265.2
1,298.3
2,134.3
1,980.8
2,662.2
3,479.0
4,784.2
5,324.5
91.6
147.3
274.4
450.4
682.8
958.6
1,233.9
1,599.2
1,931.1
2,301.2
244.9
246.0
264.0
293.4
318.3
369.1
423.1
630.7
654.8
726.0
7,988.3
8,223.5
8,753.7
9,509.7
9,840.0
10,433.6
11,753.9
12,159.7
13,552.4
14,815.0
164.4
63.1
67.6
72.0
69.5
204.2
230.8
319.4
359.0
451.7
4,024.2
4,168.0
4,837.0
4,747.0
1,862.8
2,050.6
2,219.0
2,407.8
643.8
618.5
666.1
722.6
13,258.4
13,771.4
14,728.3
15,292.7
345.9
374.2
410.6
469.9
}
7
^
Jane 1965
137
,
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
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)
Agriculture Department
for
International
Development 7/
Total
1/
End of period
Commerce
Dept.
Agency
Development
loan
fund 8/
Commodity
Credit
Corporation
Farmers
Home
Rural
ElectriA'iminis- fication
tration Adminis9/
tration
Maritime
activi-
Interior
Health,
Education, and
Welfare
Dept.
ties
Office of
Education
Fiscal years;
1955
1956
1957
195S
1959
19«1
1961
1
).
19,420.
20,547.5
21,812.3
22,893.4
27,510.7
29,568.3
31,527.1
36,154.9
38,141.8
41,630.0
:'
19'
1964
Calendar years:
1955
1956
1957
195«
1959
19'
O
1961
1962
1963
1964
Current quarters
1963-Sept. 30.
196ii-Mar.
31.
Sept. 30.
1965-Mar.
31.
1,691.6
1,885.5
2,111.
2,436.7
2,894.2
3,263.1
3,655.5
5,027.1
6,123.0
7,415.?
67.0
262.1
513.5
2,814.>^
766,
2,620.8
994.
194.
682.
042.
3S1.
413.
2,348.^1
Fiscal years;
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
Calendar years;
1955
1956
1957
1958
1959
1960
1961
1962
196>3
1964
Current quarters;
1963-Sept. 30..
1964-Mar.
31..
Sept. 30..
1965-Mar.
31..
56.6
3,738.1
3,831.7
3,908.7
3,996.4
Management and
liquidating
Secondary
market
183.3
236.2
321.3
353.2
168.7
85.7
648.7
1,635.8
1,380.7
2,049.8
2,903.0
2,871.9
2,846.6
2,061.8
1,996.9
357.0
307.9
189.8
159.2
1,202.3
1,150.5
1,128.5
1,080.2
2,091.4
Footnotes on page 139.
-
2,0U.5
1,983.2
2,029.8
1,363."^
.6
.6
.5
.4
.3
Expansion of
defense
produc-
RFC (in
liquidation)
10/
Expansion of
defense
prod.
Other
IIHFA
n/
General
Services
Administration
12/
tion
11.9
14.5
202.1
lie. 6
170.9
185.4
1?..9
70.4
1:30.2
18.8
14.6
14.3
13.3
12.3
10.9
181.7
169.4
162.9
121.6
121.3
53.0
17.9
9.4
13.2
15.8
18.0
14.7
14.3
13.6
12.7
11.6
10.0
8.6
143.2
39.4
185.3
178.6
177.5
176.3
164.9
161.7
126.5
112.0
51.1
17.3
10.3
52.1
9.7
49.9
17.5
16.9
8.9
8.3
3,601.0
3,555.2
3,509.5
3,522.5
3,470.5
3,406.2
3,369.4
3,348.7
3,323.5
84.5
83.4
82.3
81.1
79.9
162.7
165.9
173.7
Office
of the
Administrator
12/
229.4
303.2
456.7
477.2
679.5
905.4
1,116.8
1,433.1
1,755.8
2,074.0
3,263.1
154.8
152.6
3,552.9
3,507.1
3,557.5
3,469.9
3,406.3
3,353.1
3,318.8
3,308.3
3,261.0
3,264.6
83.8
82.6
81.5
80.3
79.1
163.1
165.5
162.2
149.0
161.9
835.1
1,007.7
1,243.3
1,625.4
1,907.1
2,318.2
3,316.1
3,278.6
3,263.7
3,266.3
150.8
153.0
148.7
161.2
1,831.4
1,994.5
2,174.5
2,361.7
264.3
352.4
356.7
570.1
Veterans'
Export- Irrport Bank Farm Credit Administration
Fed. Home
of Washington
Loan P^nk
ExpanFederal Board
Federal
Loan
Public
Banks
Direct
sion of
interFarm
guaranty
Housing loan
for
defense
Mortgage mediate
Adminis- program revolving
Fed. home
cooperCorpora- credit
producfund 16/
tration
atives
loan
tion
tion 17/ banks
banks
(Continued!
Administration
Federal National
Mortgage Association
2,555.7
2,417.8
2,289.9
2,124.3
1,949.5
1,659.5
1,507.9
1,339.8
1,174.3
1,113.7
67.4
339.6
403.1
457.2
532.4
1,617.4
1,716.5
1,813.2
1,913.2
9.1
233.4
1,248.1
1,393.6
1,573.8
2,600.5
2,522.3
2,871.3
2,138.1
2,021.0
2U.3
123.2
117.3
111.1
114.7
1,716.6
3,395.6
1,835.8
3,059.0
2,584.5
2,495.6
2,356.5
2,218.5
2,030.4
1,726.5
1,587.1
1,416.6
1,270.6
1,123.4
166.7
202.2
291.8
348.7
111.5
179.4
255.6
3.W.4
476.6
6,266.4
6,904.9
7,842.4
8,614.3
222.
j04.
.4
30.8
72.7
130.7
205.2
295.5
409.1
260.7
276.5
265.4
226.3
195.2
171.3
141.1
123.1
119.7
117.2
1,575.7
1,756.0
5.9
159.3
378.8
832.1
841.915.9
983.9
1,139.9
152.1
130.2
126.2
.6
.5
113.1
129.
2S851.1
Federal
Housing
Administration
li/
681.3
757.6
.7
276.1
270.4
235.0
208.0
179.1
3,8^.3
2,348.0
2,488.2
2,687.6
2,874.4
3,082.7
3,287.3
3,458.4
3,600.3
3,784.3
3,956.5
Housing and Home Finance Agency
End of period
1,013.1
1,110.6
1,322.0
1,582.4
1,793.4
2,285.6
2,413.2
2,585.8
2,773.6
2,973.5
3,186.5
3,367.4
3,524.6
3,693.7
1,778.1
3,298.4
1,745.0
1,876.6
2,506.5
2,835.2
2,987.6
2,845.7
28,277.7
31,122.6
34,84«.2
37,728.2
40,421.0
43,035.8
38,067.4
40,783.2
41,355.0
43,366.7
2,119.0
1,994.3
1,600.0
2,480.1
1,347.0
1,522.8
2,254.9
2,601.8
-
20,506.3
21,091.5
22,755.6
769.6
810.6
366.5
902.7
962.6
2,i:'7.4
Treasiiry Department
Dept.
Special
assistance
99.
24.6
164.2
1,211.1
1,690.1
1,828.8
1,907.6
1,612.2
1,^99.5
90.1
94.2
91.3
39.1
93.1
97.5
97.1
93.8
48.3
370.2
433.3
521.3
694.1
824.7
1,054.9
1,228.7
1,343.2
1,275.4
1,252.3
60.5
78.3
106.8
156.8
231.8
315.6
338.5
461.0
354.5
441.7
22.3
30.3
36.5
12.4
28.4
24.4
15.1
5.6
72.2
418.6
1,568.4
1,779.1
1,381.2
1,889.8
1,537.1
1,397.3
92.9
106.0
105.4
95.9
87.4
99.3
95.4
151.6
134.6
46.6
412.8
463.3
640.4
745.6
893.8
1,146.7
1,309.3
1,379.9
1,265.1
1,259.3
68.2
91.2
129.2
190.0
272.8
351.3
436.5
422.1
411.
23.5
33.2
34.4
30.4
26.4
22.3
3.0
1,555.9
1,521.2
1,441.8
1,155.6
130.0
62.8
58.9
49.9
1,261.5
1,268.9
1,258.4
1,163.4
.4
<;
530.1
359.1
440.3
435.2
526.2
321.7
349.1
384.3
410.0
525.9
553.1
596.7
2,773.6
2,681.5
2,630.2
3,061.3
3,486.6
3,268.0
3,414.9
3,712.2
3,315.6
3,533.0
693.4
702.2
759.2
2,702.2
2,663.1
3,005.6
3,332.1
3,231.3
3,290.5
3,893.8
3,580.7
3,610.5
3,472.3
375.1
457.1
454.5
511.3
622.9
650.1
697.1
736.5
842.0
962.9
3,598.6
3,532.7
3,501.9
3,454.6
737.0
313.9
811.5
1,009.4
11.6
3.9
2.2
11.6
1,016.9
1,173.4
1,079.4
929.5
1,537.1
346.6
897.7
996.5
1,227.0
1,547.4
1,697.8
1,830.9
1,998.1
2,292.7
2,507.1
4,763.9
689.4
733.6
928.8
1,159.0
1,395.9
1,501.7
1,651.2
1,840.9
2,100.0
2,252.5
1,416.8
1,228.2
1,265.2
1,298.3
2,134.3
1,980.8
2,662.2
3,479.0
4,784.2
5,324.5
2,322.7
2,239.9
2,520.8
2,332.6
4,024.2
4,168.0
4,837.0
4,747.0
l,7(f).B
1,869.4
2,767.1
3,26*5.8
Small
Business
Administration
Other
1^
34.9
85.1
154.8
245.5
346.6
393.7
466.0
64A.7
726.2
801.4
27.8
31.2
34.6
37.8
47.6
234.9
237.0
397.4
521.2
697.2
54.1
754.2
902.5
29.7
30.4
41.5
31.5
33.7
234.7
333.7
424.1
598.2
556.5
728.5
763.6
838.8
970.0
536.5
609.0
717.6
594.5
115.6
202.9
292.8
370.8
427.5
539.5
M5.9
.,
.
,
,
Treasury Bulletin
138
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TTCPE ACTIVITIES.
Footnotes to Table
2/
1
Assistance Act of 1954* 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 104 (e) of the Agricultural Trade Development and Assistance
Act of 1954, as amended, are stated at the rates as of March 31,
1965, 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 $500.
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 $5,697
million in dollar equivalent. These currencies, acquired primarily
without the payment of dollars, were generated xinder various Government programs, principally the Agricultural Trade Development and
Footnotes to Table 2
1/
2/
2/
4/
^
6/
See Table 1 , footnote 1
Certificates of interest amounting to $627 million, issued against
certain of these loans, were outstanding March 31, 1965.
Foreign currency assets are included throughout the table (see Table
1, footnote 2).
Represents transfers of principal and interest to miscellaneous
receipts of the United States Treasury.
Includes operating and administrative expenses funds.
Certain corporations and other business-type activities that have submitted statements of financial condition guarantee and insure loans
made by private financial institutions and insure deposits in banks
and savings and loan associations. These commitments are excluded
from their balance sheets. The major agencies that have these items
and the amounts thereof are as follows:
Amount
Activity
(In millions
of dollars)
Agriculture Department;
Farmers' Home Administration:
701
Agricultural credit insurance fund
Commerce Department:
Federal ship mortgage insurance fund
4-17
Housing and Home Finance Agency:
Office of the Administrator:
.*
Urban renewal fund (December 31, 1964)
1,230
Federal Housing Administration
47,340
Public Housing Administration:
Local housing authority bonds and notes
4»069
878
Local housing authority temporary notes
Veterans' Administration:
Loan guaranty revolving fund (December 31, 1964)
16,061
Federal Deposit Insurance Corporation (December 31,
1964)
191 ,787
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation
(December 31, 1964)
98,914
Interstate Commerce Commission (December 31, 1964)
197
Small Business Administration:
13
Revolving fund (December 31 1964)
Defense production guaranties (various agencies)
31
(December 31, 1964)
Includes construction work in progress amounting to $263 million.
Represents the fund known as "Advances to employment security administration account, unemployment trust fund."
Figures are as of March 26, 1965, and exclude resources on order of
$222 million reported by the Post Office Department.
The civil defense loans fund and the Reconstruction Finance Corporation liquidation fund, formerly shown under this heading, were closed
out on December 31, 1964, under authority of an act approved July 25,
1956 (31 U.S.C. 706). Remaining balances in these funds are now
included in figures shown under this heading in Table 4.
Valued at cost, estimated if not known. Land includes sites held
for resale to prospective lessors for which $27 million has been paid
or obligated.
Liabilities do not include: (1) undetermined amounts of postage in
the hands of the public which have been accounted for as revenue when
sold, and (2) the following types of contingent and future obligacontingent liabilities for cases pending before the Civil
tions:
Aeronautics Board and for pending suits and damage claims, and commitments under long-term leases.
Included beginning March 31, 1965.
Represents unrealized purchase discounts.
Includes reserves and unrealized equity in the assets of the Defense
Homes Corporation which are being liquidated by the Association.
Changed from interest-bearing to noninterest-bearing investment pursuant to acts approved February 29, 1964 (78 Stat. 147), and August
30, 1964 (78 Stat. 661).
Participation certificates amounting to $1,191 million, issued against
certain of these loans, were outstanding March 31, 1965.
Includes primary and secondary reserves of $1,207 million.
Represents accrued interest expense on borrowings from the United
States Treasury Department on which payment has been deferred.
Consists of net income from power operations of $658 million and net
expense of non revenue-producing programs to $296 million.
Less than $500,
,
7/
8/
2/
10/
11/
12/
13/
IV
15/
16/
17/
18/
1
?/
20/
Footnotes to Table 3
1/
2/
2/
See Table 1 , footnote 1
Excludes capital property such as land, structures, and equipment as
follows:
Office of the Secretary, $5 million; Air Force, $1,506
million; Array, $1,643 million; and Navy, $3,028 million.
Represents prepayments for orders made by other Government agencies
to this fund,
4/
5/
*
Consists mainly of capital representing appropriations, reappropriations, capitalization of assets, and accumulated net income or defiFigures for each of these accounts were not shown separately
cit.
on the report submitted by this fxind.
Figures are as of December 31, 1964» the latest available.
Less than $500.
Footnotes to Table 4
1/
2/
2/
4/
5/
6/
2/
8/
2/
10/
11/
Represents the Cooley loan program established pursuant to the Agricultural Trade Development and Assistance Act of 1954, as amended
(7 U.S.C. 1704 (e)).
Represents rural housing and other loans, and salaries and expenses,
Represents receivables of the Air Force, Army, and Navy Departments,
See Table 1 , footnote 1 ,
Represents amounts due from other appropriations to cover undisbursed
loan agreements financed out of grant appropriations.
Includes assets in use, vessels and other assets held primarily for
mobilization, and vessels under construction and held for scrapping.
Represents depreciation on assets in use and on mobilization assets,
and allowance for losses on vessels held for scrapping.
Foreign ciirrency assets are Included throughout the table (see Table
1, footnote 2).
Represents unapplied loan credits of $10 million and deferred interest
Income of $50 million,
Represents transfers of principal and interest to miscellaneous
receipts of the United States Treasury.
Represents judgments in favor of the United States. Does not include
allowance for uncollectible items
12/
1^/
14/
1^
16/
17/
18/
1_g/
20/
Represents interest on invested capital.
Includes civil defense loans and Reconstruction Finance Corporation
loans in liquidation (see Table 2, footnote lO)
Includes Public Works Administration (in liquidation) and strategic
and critical materials formerly reported separately.
Includes stock of the International Bank for Reconstruction and
Development amounting to $635 million; and subscriptions to the
International Monetary Fund, the International Finance Corporation,
the Inter-American Development Bank, and the International Development Association amounting to $4,125 million, $35 million, $300 million, and $320 million, respectively.
Includes $200 million due under the agreement with Germany dated
February 27, 1953, $409 million due under the agreement with Japan
dated January 9, 1962, and lend-lease and surplus property balances
due the United States in the principal amount of $1,313 million.
Includes loan to the United Kingdom amounting to $3,149 million.
Includes buildings and land improvements and construction work in
progress amounting to $905 million.
Includes construction work in progress amounting to $1,011 million.
*
See Table 2, footnote 6.
Less than $500.
,
Jane 1965
139
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Footnotes to Table 8
It inTable 8 relates to all loan programs of Government agencies.
cludes 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
Pursuant to an amendment issued June 23, I960, to
funds (Table
,
Department Circular No. 966, Table 8 now includes purchase money
mortgages, mortgages purchased from insured lending institutions to
prevent default, and similar long-term paper (see footnote 1 at end
of Table 7).
Includes guaranteed loans held by lending agencies and certificates
2/
of interest,
2/ The major portion of the loans of the Veterans' Administration loan
guaranty revolving flind is included under "Mortgage loans" in 1955
and under "Other" to aid home owners thereafter,
Includes guaranteed loans held by lending agencies at the end of certain periods, participation certificates beginning June 30, 1963, and
the loan to the United Kingdom.
See footnote 146/ Includes loans to insurance conpanies amounting to $3.4 million as of
June 30, 1953, and $3.1 million as of December 31, 1955.
7/ This Agency was established in the Department of State, and the International Cooperation Administration and the development loan fund were
abolished on November 3, 1961, pursuant to the act approved September
and Executive Order No. 10973 dated November
J+f 1961 (75 Stat, 445),
Loans of the abolished agencies were transferred to this
3, 1961.
Data
Agency and a new fund for development loans was established.
for earlier periods are for predecessor agencies.
B/ This fund was abolished on November 3, 1961 (see footnote 7).
2/ Consists of the emergency credit revolving fund, the agricultural
credit insurance fund, the farm housing and other loan programs, the
State rural rehabilitation funds beginning June 30, 1956, the direct
loan account beginning December 31, 1961, and the rural housing for
the elderly revolving fund beginning June 30, 1964.
Prior to June
30, 1956, and December 31, 1961, loans of the agricultural credit insurance fund and the direct loan account, respectively, were included
in the statements of financial condition of the nonrevolving fund
loan programs.
10/ On September 29, 1953, pursuant to the act approved July 30, 1953
(15 U.S.C, 609), the Reconstruction Finance Corporation started
liquidation of its activities, except those carried on by the Corporation pursuant to Section 409 of the Federal Civil Defense Act
of 1950 (50 App. U.S.C. 2261) and expansion of defense production
activities carried on pursuant to the Defense Production Act of
1950, as amended (50 App. U.S.C. 2091-2094), which had been transferred to the Secretary of the Treasury as of September 28, 1953,
and as of the close of business on September 28, 1953, respectively.
Effective at the close of business June 30, 1954, pursuant to Reorganization Plan No. 2 of 1954, certain functions and related assets
of the Corporation were transferred to the Export-Import Bank of
Washington, the Federal National Mortgage Association, and the Small
Business Administration. On July 1, 1954, the remaining activities
of the Corporation were transferred to the Secretary of the Treasury
to con^jlete their liquidation, pursuant to the act of July 30, 1953,
as amended June 29, 1954.
The Corporation was abolished effective
at the close of business June 30, 1957, by Reorganization Plan No, 1
of 1957, and the remaining functions of the Corporation were transferred to the Housing and Home Finance Administrator, Administrator
of General Services, Administrator of the Small Business Administration, and the Secretary of the Treasxiry.
11/ Consists of the loan to the United Kingdom and other miscellaneous
loans. Federal civil defense loans, Reconstruction Finance Corporation
1/
12/
i^->)
^
13/
^
loans in liquidation beginning December 31, 1957 (see footnote 10), and
loans of the Federal Farm Mortgage Corporation liquidation fund beginning December 31, 1961 (see footnote 17).
Figures through December 11, 1959, consist of loans of the Public
Works Administration (in liquidation).
Figures beginning June 30,
i960, include also: loans of Federal Facilities Corporation (this
Coi-poration was dissolved September 30, 1961, pursuant to the act
of August 30, 1961 (75 Stat. 419), and the loans are being liquidated by the Administrator of General Services), the Reconstruction
Finance Corporation liquidation fund through September 30, 1963,
surplus property credit sales (see footnote 1 at end of Table 7),
and loans acquired pursuant to the Defense Production Act of 1950,
as amended (50 App. U.S.C. 2091) through December 31, I960.
Includes urban renewal loans authorized by the Housing Act of 1949,
as amended (42 U.S.C. 1452(f))); beginning December 31, 1951, college
housing loans authorized by the Housing Act of 1950, as amended (12
U.S.C. 1749); loans held by the revolving fund established pursuant
to the act approved June 24, 1954 (68 Stat. 295); as of December 31,
1955, public works planning loans authorized by the Housing Act of
1954 (40 U.S.C. 462); beginning December 31, 1956, public facility
loans authorized by the Housing Amendments of 1955 (42 U.S.C. 1491);
as of December 31, 1956, June 30, 1957, and since June 30, 19^^),
loans authorized by the Atomic Energy Community Act of 1955, as amended
(42 U.S.C. 2301) and Executive Order No. 10657 of February 14, 1956;
beginning December 31, 1961, loans for housing for the elderly authorized by the Housing Act of 1959, as amended (12 U.S.C. 1701q)
and beginning March 31, 1965, loans authorized by the Urban Mass Transportation Act of 1964 (49 U.S.C. 1601).
No loans were reported prior to December 31, 1955.
Beginning with
that date, certain mortgage notes have been reported and are classified as mortgage loans.
From June 30, 1956, through March 31, I960, the mortgage notes and
sales contracts which had previously been classified as loans were
classified as other assets and were not included in this table.
These mortgage notes and sales contracts have now been reclassified
as loans, and beginning June 30, I960, are included in this table
(see footnote 1 at end of Table 7).
Th*" Veterans' Administration loan guaranty program was converted to a
revolving fund effective July 1, 1961, pursuant to the act approved
July 14, i960 (74 Stat. 533).
From June 30, 1956, through March 31, I960, notes receivable which
had previously been classified as loans were classified as other
assets and were not included in this table. These notes have now
been reclassified as loans, and from June 30, I960, through June
On October 4, 1961, this
30, 1961, were included in this column.
Corporation was abolished pursuant to the act approved October 4,
assets
were transferred to
1961 (75 Stat. 773), and its remaining
the Secretary of the Treasury for liquidation.
The major portion of the loans is held by: Department of the Interior - Indian loans, fisheries loan fund beginning June 30, 1957,
Bureau of Reclamation beginning June 30, 1959, and Alaska public
works loans beginning June 30, I960; Department of the Arny - guaranteed loans (World War II) through December 31, 1957; Federal Savings
and Loan Insurance Corporation, Defense Department (military assistance credit sales), and State Department beginning June 30, I960;
Commerce Department - area redevelopment fund beginning June 30, 1962;
and agencies reporting loans pursuant to the Defense Production Act
of 1950, as amended (50 App. U.S.C. 2091), which consist of the
Departments of the Air Force beginning June 30, 1956, kriuy, and Navy,
and the General Services Administration as of December 31, 1959.
Less than $50,000.
;
14/
15/
16/
17/
18/
»
Treasury Bulletin
140
.CUMULATIVE TABLE OF COHTENTS.
July 1964 through June 1965
Issue and page number
1965
1964
July
Aug.
Jan,
Sept.
II
Reporting bases.
Articles:
Treasury financing operations
Summary of Federal fiscal operations.
Feb.
II
II
Apr.
May
A-1
A-1
A-1
A-1
A-1
A-1
S-1
A-1
1
1
1
1
1
1
1
1
9
9
11
11
10
10
10
10
12
12
10
10
11
11
10
11
10
11
12
13
11
12
11
12
13
14
11
12
12
13
13
12
12
14
13
13
15
13
14
14
15
13
15
14
14
15
16
16
17
18
16
14
15
16
17
18
13
14
15
15
16
17
19
18
A-1
A-1
1
1
1
10
10
10
10
11
11
11
12
11
12
12
13
13
14
Administrative budget receipts and expenditures
Receipts by principal sources
Detail of miscellaneous receipts by major categories
Chart - Internal revenue receipts by principal sources
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
Expenditures by functions
Detail of excise tax receipts
Summary of internal revenue receipts by States, calendar year 1964.
:
Trust and other transactions:
Summary of trust and other transactions
Trust receipts
Trust, deposit fund, and Government-sponsored enterprise
expenditures
Investments in public debt and agency securities ( net)
Sales and reden^tions of Government agency securities in
market (net)
Interfund transactions excluded from both net trust account
receipts and net trust account expenditures
Federal Old-age and Survivors Insurance Trust Fund
Federal Disability Insurance Trust Fund
Railroad Retirement Account
Dnemployment Trust Fund
National Service Life Insurance Fund
Investment of specified trust accounts in public debt securities,
by issues (latest date March 31, 1965)
>
Consolidated cash transactions;
Summary of Federal Government cash transactions with the public,
Intragovernmental and other noncash transactions
Account of the Treasurer of the United States:
Status of the Account of the Treasurer of the United States
Analysis of changes in tax and loan account balances
Summary of cash transactions through the Account of the Treasurer
of the United States
Debt outstanding:
^ImmoTy nf FpHprnI securities
Computed interest charge and rate on Federal securities
Interest-bearing public debt
Average length and maturity distribution of marketable
interest-bearing 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
Statutory debt limitation
.
Public debt operations;
Maturity schedule of interest-bearing public marketable securities
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
Securities issued in advance refunding operations
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
Foreign series securities ( nonmarketable) issued to official
institutions of foreign countries
Foreign currency series securities (nonmarketable) issued to
official institutions of foreign countries
(
16
16
16
17
21
22
17
18
15
16
20
21
18
23
24
19
20
17
22
19
18
23
20
25
19
24
21
21
22
26
26
27
22
22
23
20
20
21
25
25
26
22
23
24
27
28
29
23
24
25
21
22
23
25
30
26
26
31
27
29
31
32
34
36
28
35
41
40
36
46
44
49
30
32
17
18
16
17
21
22
18
19
16
17
22
23
20
21
18
19
24
25
20
26
18
23
19
24
20
25
22
22
23
21
21
23
23
24
21
21
27
27
22
26
26
27
22
28
26
27
28
23
24
25
22
23
24
27
28
29
24
22
23
24
28
24
29
26
25
30
25
31
25
30
26
31
28
26
32
26
28
31
33
35
32
34
36
29
31
33
27
29
32
27
29
31
31
35
37
39
30
19
20
28
30
25
26
29
30
33
42
34
40
46
36
43
34
38
43
36
40
34
38
40
45
45
43
49
46
41
46
43
41
48
44
49
46
44
51
51
56
53
51
58
57
55
62
39
48
53
49
47
53
56
61
57
55
61
53
64
20
19
50
59
17
17
18
19
60
Continued on following page)
59
65
62
55
60
.
.
June 1965
Ul
.CrUMULATIVE TABLE OF COHTENTS.
July 1964 through June 1965
-
(Continued)
Issue and page number
1964
July
United States savings bonds:
Cumulative sales and redemptions by series
Sales and redemptions by periods, all series combined
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
61
61
62
64
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, 196A)
66
66
67
69
70
Sept.
62
62
63
65
Oct
Nov,
61
67
67
63
70
61
62
64
Dec.
64
64
Jan.
Feb.
67
57
57
58
60
62
62
63
65
66
67
65
71
71
,
Ownership of Federal securities:
Distribution by classes of investors and types of issues
Net market purchases or sales for investment accounts handled by
the Treasury
Estimated ownership
Aug.
1965
Kar.
Apr.
Kay
60
62
57
57
58
60
64
64
65
67
68
59
59
65
72
66
65
72
63
61
63
63
61
69
65
66
72
73
66
67
65
66
72
73
68
69
61
68
69
63
64
61
62
69
70
67
74
67
74
70
63
65
63
69
71
67
69
77
62
:
73
Market quotations:
End-of-month closing quotations on Treasury securities by issues.
Chart - Yields of Treasury securities
71
82
84
72
74
71
73
73
78
80
74
76
67
69
Average yields of long-term bonds
Average yields of Treasury and corporate bonds by periods
Chart - Average yields of Treasury and corporate bonds
74
85
75
76
74
81
81
82
77
78
70
75
71
82
72
73
70
71
78
79
77
78
76
77
77
78
79
83
84
79
30
80
72
73
73
74
83
84
84
35
74
75
75
76
72
73
73
74
81
81
82
73
80
75
:
. .
.
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
September 30, 196i)
Exchange Stabilization Fund (latest date
Balance sheet
stabilization agreements
U. S
Income and expense
75
76
77
77
78
79
37
90
78
79
30
84
85
86
81
79
79
December 31, 1964):
.
80
75
75
81
31
81
31
76
76
76
76
National bank reports:
Earnings, expenses, and dividends for calendar years 1960-64
International financial statistics:
U. S. gold stock, and holdings of convertible foreign currencies
by U. S. monetary authorities
U. S. Treasury nonmarketable notes and bonds issued to official
institutions of foreign countries
U. S. monetary gold transactions (net)
Estimated gold reserves and dollar holdings of foreign countries
and international institutions
Liabilities to foreign official institutions and international and
regional organi zat ions
Capital movements between the United States and foreign countries:
Summary by periods beginning 1946
Summary by countries and periods
Short-term banking liabilities to foreigners, latest month
Short-term banking claims on foreigners, latest month
Long-term banking liabilities to and claims on foreigners,
latest month
Purchases and sales of long-term securities by foreigners,
latest month
Short-term liabilities and claims reported by nonfinancial concern;
Foreign credit and debit balances in brokerage accounts
Short-term liabilities countries and areas not regularly reported.
Purchases and sales of long-term secxirities by foreigners during
calendar year 1964
,
Foreign currencies acquired by the United States without purchase
with dollars:
Transactions and balances in Treasury accounts
Transactions and balances in agency accounts...
Corporations
Statements
Income and
Source and
and certain other business-type activities
of financial condition Uatest date March 31, 1965)...
expense (latest date December 31, 1964)
application of funds (latest date December 31, 1964)...
32
91
81
32
87
32
82
83
91
31
92
82
82
83
87
38
82
83
77
78
83
84
89
84
79
34
85
90
85
80
37
90
99
100
92
95
104
105
37
90
99
100
82
85
86
77
77
83
86
87
77
78
77
^8
83
84
79
79
85
86
82
85
82
85
95
91
94
103
104
94
95
94
95
91
100
101
96
96
102
97
97
98
100
101
103
104
107
108
102
109
97
98
106
107
86
89
93
99
99
108
100
101
106
101
96
105
100
109
110
101
102
107
108
102
97
106
107
85
88
94
97
'98
102
99
101
103
103
94
104
104
111
111
:
106
113
104
125
111
131
ill
POSTAGE AND FEES PAID
TREASURY DEPARTMENT
Treasury Department
U.S.
FISCAL SERVICE. BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
WASHINGTON,
D.C.
20226
OFFICIAL BUSINESS
BUY
AND
HOLD
UNITED
S TAT E S
SAVINGS
BONDS
Treas,
U.S. Treasury Dept.
HJ
10
Treasury Bulletin
.A2
»
1965
C.2
>q
gjLT*
@FedFRASER