Full text of Treasury Bulletin : March 1953
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?,3 1972
TREASURY DEPARTMENT
MRRCH-ia53
LIBRARY
ROOW
APR
5013
1SS3
IREASURY DEPARTMtNl
UNITED STATES TREflSURV DEPRRTMENT
OFFICE DF THE SECRETRRV
Siaivh I9i)
Table of Contents
Page
Treasury financing operations
A-1
Summary of Federal fiscal operations
1
Budget receipts and expenditures
2
Trust account and other transactions
S
Treasury cash Income and outgo
12
General Fund of the Treasury
15
Debt outstanding
l6
Statutory debt limitation
21
Debt operations
22
United States savings bonds
27
Treasury savings notes
33
Ownership of Federal securities
3^
Treasury survey of ownership of Federal securities..
3^
Treasury survey - commercial bank ownership of
Federal securities
^0
Market quotations
^^
Yields of Treasury
sind
corporate bonds
i/Internal revenue collections
4^
5'^
Monetary statistics
^^
Capital movements
5^
Cumulative table of contents
71
Note:
In those tables In which figures have been rounded
to a specified unit, all calculations (including
percentages) have been made from unrounded figures.
Consequently the details may not check to the
totals shown.
A-l
March I97J
Treasury Financing (H>eratlon8
Treasury Bonds Callable on June I5, 1953
On February I3, 1953. the Secretary of the
Treasury announced that the outstanding 2 percent
Treasury bonds of 1953-55. dated October 7, iglJO,
due June I5, 1955. ^^^ called for redemption on
June 15, 1953.
callable on June I5, 1953, the announcement stated,
are not called for redemption on that date.
These
are the two Issues of 2 percent Treasury bonds of
1952-5'*,
the 2 percent Treasury bonds of 1951-55.
and the 2-1/1^ percent Treasury bonds of 1952-55>
He stated that the bonds of this
Issue are being called at this time because of their
partially tax-exempt attributes. He further stated
that holders of the called bonds may,
In advance of
Treasury Bills Refun ded
A
total of $5.4 billion of Treasury bills
the redemption date, be offered the privilege of ex-
matured In February and they were refunded
changing all or any part of their called bonds for
other interest-bearing obligations of Vne United States,
equivalent total and weekly amounts.
In which event public notloe
given.
will
hereafter
be
The bonds are outstanding In the amount of
$725 million.
Four other Issues of Treasury bonds also
Note:
Details of Treasury market flnajiclng operations are
shovn elsevhere In this Issue of the "Treasury
Bulletin", In the tables on "Offerings" and "Dis-
In
The offerings
5, 19, and 26 were for II.3 billion
each and the offering on February I3 was for $1.5
billion. The average rates of discount on the new
on February
Issues were 2.03I percent for February 5, 1.993
percent for February I3, 1.977 percent for February 19, and 2.070 percent for February 26.
position", respectively, of marketable Issues of bonds,
notes, and certificates of Indebtedness, and In the table
"Offerings of Treasury Bills"
March 195)
SUMMARY OF FEDERAL FISCAL OPERATIOMS
(In mllllonfl of dollare)
Lerelfl,
aaneral
Pund
balance
Wlta
XSkh
12,696
22,202
1*3,892
igitj
l*l*,762
19W
1*0,027
v=iki
1*0,01*3
19U8
V}k9
1950
1951
1958
1953 (Eat,).
1954 (Est.).
Calepdar yeaxo;
3lt,l87
79,622
95,315
98,703
60,703
39,289
33,791
1*2,211
38,21*6
37,01*5
1*0,057
1*0,167
1*8,11*3
Wt,633
62,129
66,11*5
68,697
68,665
78,587
7l*,593
-21,1*90
-57,1*20
-51,1*23
-53,91*1
23,1*61
64,271*
751*
-1,103
8,1*19
-291*
-1,811
-3,122
3,510
-*,ei7
-1*95
-5,896
-9,922
97,181
87,522
-55,691
-53,650
-1*3,591*
191*6.
38,810
1*1,322
-2,512
191*7
1*1,010
2,1*31*
1*1,1*50
38,576
36,209
19*9.
38,122
•1,711*
-3,592
1950.,
1951..
1952..
37,831*
53,1*88
38,255
-1*22
56,81*6
-3,358
-350
-229
-502
311
815
65,523
71,366
-5,81*2
-1*1
1*,257
3,2U
8,112
2,626
1*,058
l*,007
Ha;
Juoe
3,11*6
7,089
3,808
108,170
165,877
230,630
9,900
'>3,531
1*3,928
Harah...,
April...,
1*3
'*,795
-5
-1*1,1*61
l*,l*l*8
263,900
273,800
25
57,751
Pdbniflry.
6,000
6,000
108
26
90,171*
1951-Jonnary.,
-969
-1*01
16,290
5,21*1
27
20
29
46
-211*
3l*,l*83
19>»8.
5,517
7,357
6,969
258,286
252,292
252,770
257,357
255,222
259,105
11*7
19lt2.
19^5.
3,308
4,932
478
4,587
-2,135
3,883
-10,930
1,624
-1,462
2,047
1,839
-388
99
679
1943.
19W.
72,422
136,696
201,003
258,682
269,422
-5,991*
1*83
-1,788
-266
-1,161
-123
-1,386
50,232
57,707
64,753
6,983
1,751
3,1*70
362
-18,966
3,767
-22,502
10,543
12,294
22,236
26,003
3,502
-21*0
-2,249
-4,100
-405
1,111
3,097
4,208
1*,331
1*71
1*,679
-423
-447
62
1,770
4,232
4,295
6,064
221
929
3,187
-1,614
-1,173
1,571*
4,454
5,382
8,569
6,955
5,782
7,357
254,727
255,093
255,222
1*7,494
199
23I*
87
-106
-319
Guaranteed
aeourltles
2,991
9,507
20,169
24,698
14,238
-11,136
555
-507
366
Debt outstanding
Public
debt
358
6,515
10,662
4,529
-10,460
64,307
57,679
10,740
-20,676
end of period
2,711
7,973
61*0
-83
21*7
1,01*7
227
l*,05l*
-31*
'1,517
-1,381
-1,370
-69
136
-161
111
106
-30I*
5,969
1,U9
281*
1*3
-270
366
129
-583
-184
-944
9,91*2
278,U5
259,149
256,900
252,800
257,130
256,708
259,1*19
4,568
4,100
1,623
1*33
1*76
90
73
68
1*,301
230
1,514
567
339
81
55
30
24
4S
It,
Total
Federal
securities
76,991
140,796
202,626
259,115
269,898
258,376
252,366
252,798
257,377
255,251
259,151
263,968
273,843
112,471
170,108
232,144
278,682
259,487
256,981
252,854
257,160
256,731
259,1*61
267,391
51*
267,445
256,125
18
18
21
21
29
29
256,143
255,958
255,018
254,748
255,122
255,251
28
255.685
256,677
257,386
255,91*1
25l*,997
July..
Augnst
Septonber
2,571
l*,739
-2,168
11
-11*
1*35
3,591*
6,209
5,087
5,163
-1,1*93
1,01*6
83
37
-103
30
988
709
-1,737
-525
1,822
October.
RoTonber
Dec€Bber<
2,635
3,521
5,279
5,W3
5,620
5,095
6,916
255,657
256,644
257,353
-2,81*7
5,178
5,627
-1,658
-55
82
196
-86
20
945
1,306
-186
-2,042
-250
-329
1*,874
4,624
4,295
258,298
259,604
259,419
42
258,336
259,647
259,461
1952 -January.,
Fabruary,
Maroh...,
AprU...,
May
Jane
July..
-31*7
37
1*3
'»,953
5,1*55
-501
-371*
5,553
9,886
5,105
1*48
5,701*
4,182
186
106
-21*5
357
587
-2,278
-415
1,196
1,765
3,879
5,075
6,840
259,775
260,362
258,084
38
37
41
6,016
5,659
6,930
259,813
260,399
258,124
-1,693
-1,850
2,865
-291
357
-192
329
-91
-326
209
1,613
-800
-1,1*1*7
5,393
5,421
6,969
258,292
259,905
259,105
44
1,51*8
46
258,337
259,951
259,151
-17
77
39
40
't,323
3,809
9,796
3,316
6,71*2
-3,1*26
Aogufit...
1*,050
Saptgaber
6,585
5,018
6,070
-968
515
1*22
-3,283
-1,009
-1,121
-252
201
-265
October..
NoTOBber.
3,099
1*,151
6,383
5,161
Deoojiber.
6,003
7,121*
1953-January.
February
7
32
33
5,061
5,1*79
5,737
5,595
-676
-U6
-111
272
103
-25
28
1*5
1*32
3,968
-195
-229
113
-504
957
-973
204
7,925
6,952
7,156
263,073
263,186
262,682
316
2,238
2,513
-41
-981
1,461
-1,572
6,175
7,636
6,064
264,919
267,432
267,391
1*5
-376
335
5,689
6,024
267,402
267,984
48
-21*3
-11*5
1*01
11
-2
182
31*
51
51*
50
263,107
263,225
262,722
264,964
267,483
267,445
267,450
267,634
Source!
1/
2/
Actual flguroa traa Dally Treaaury Statensnt; eatlnatea based on
I95I' Budget dooument, rslaased
January 9, 1953. More detailed Information with respect to the figures In this table Is glTan in suooeedlng
tables,
Gross receipts lees appropriations to the Federal Old-Age and
SurrlTors
Insurance Trust Fund and refunds of receipts.
Transactions of the Foreign Economic Cooperation Trust Fund, established
under Section 111* ( f ) of the Economic Cooperation Act of 1948
ll^h^ %^^\'
"'"folWated with budget eipendltures. Beginning
year 1950, Investments of wholly owned
GoTemSnT^
!^^^^,"=°f
colorations
In public debt securities are
eicluded from budget
sipandlturos, and Included with other such
InTestaenta undeT'Trust
account and
3/
y
other transaotlons"
Excess of receipts, or eipendltures (-)
For outstanding checks snd Interest coupons,
and telegraphic reports
tr<m Federal Beservre Banks; eicess of
receipts, or expenditures ("!
Treasury Bulletin
.BUIGET KECEIPl'S
MB
fSPENDITURES.
Table 1.- Receipts by Principal Sources
(In millions of dollars)
March i95J
-BUDGET RECEIPTS AND EXPENDITURES
Table 3.- Expenditures for National Defense and Related Activities
(In mlllionfl of dollars)
FiBcal year
or month
Air Force
Arnry
Navy
lit/
19lt5
90,501
19lt6
lt8,870
191*7
19lt8
16, 812
11,500
12,158
19lt9
1950
1951
1952
12,3116
1953 (Sat.)....
195lt (Est.)....
ltlt,Wt7
50,337
27,800
6,911
30, OUT
6,0lt6
lt,171
1,986
270
5,ltl7
lt,ltl2
10
lt,058
It,
110
5,757
9,961
1
3
15,161
It, 998
661t
106
1,501
ltlt2
268
325
11
99
6,305
It. 117
25
98
299
71
7
It39
225
#
2
656
8U7
lt35
55lt
kk
It6,lt30
1,508
981
1,560
966
805
961
83
30
92
103
ItO
l,lt68
916
857
December..
1,211
1,052
1,386
1,301
lt,08l
l,55lt
3,632
1,285
25,600
8,615
1953 to date...
lilt
69lt
271
277
136
1,227
820
3,723
3,302
.
3,227
1,070
900
Nor amber..
1953 -January .
other
20/
10,900
12,000
l,OltO
.
Strategic
and
critical
materials
12/
15,865
15,200
1,297
Octobeir.
328
138
Surplus
property
disposal
15,385
17,510
,
3,881t
.
lt72
United
States
Maritime
Comnleslon
18/
6,867
15,370 12/
W
2,971
It, 008
.
Bee cou true
tlon
Finance
Corporation
11/
3,506
6,238
12,350 ja/
19,955
39,033
1952-July
August .
September.
1,690
Paymonte
under Armed
Forces
Leave Act
l,3ltlt
1
503
52
lt2
l,03lt
86
57
69
1,211
1,020
76
ItO
9,583
6,559
566
278
See Table 2.
Footnotes at end of Table 5.
SoiiTce:
Table 4.- Expenditures for International Finance and Aid
(In mllllonB of dollars)
36
38
Treasury Bulletin
.BUDGET RECEIPTS AND EXPENDITURES,
Table 5.- "Other** Expenditures
(In millloiiB of dollars)
Fiscal year
or month
Agriculture
28/
Cacmerce
22/
Housing
and hcBiis
finance
32/
Postal
deficit
Public
vorkB
21/
Rec ona true t Icn,
Finance
Corporatloa 32/
Social
security
progrsn
32/
At/Tm1c
Energy
Ccnmleslon
March
m>
-BUDGET EECEIPTS AND KXPENDITURES
Table 6.- Summary of Budget Results by Months and Years
Treasury Bulletin
-BUDGFT RECEIPTS AND EXPENDITURES.
Table 7.- Social Security Act - Budget Receipts and Expenditures
(Id allllana of dollja.s)
March
mj
.
BUDGET RECEIPTS AND EXPEJTDITUEES
Table 8.- Railroad Retirement Act
-
.
Budget Receipts and Expenditures
(In BlUloiu of dollars)
..,
)
,
Treasury Bulletin
.TEUST ACCOUNT AND OTHER TRANSACTIONS.
Table 1.- Summary of Trust Account and Other Transactions
(In millions of dollars)
Fiscal year
or month
Set of
trust account
and other
transactions l/
19l»5
19''6
19l>7
Trust acoountfi, eto.
Net InTestments of
Net receipts, or
expenditures (-}
791
7,51*1*
-52lt
3,238
2,619
2,658
1,890
-1,103
19I18
-29!t
191*9
-495
1950
1951
1952
99
679
1953 (Estimated)
195'> (Estimated)
1952 -Jul7
August
September.,
Expenditures
( other than net
InTestmants
Bacelpts
7,086
7,712
6,2Wi
6,515 i/
Net redemptions , or sales ( of securities of Government
agencies In the market 2/
Guaranteed
5,200
3,668
3,362
3,060
2,311
-1*58
3,625
3,857
3,82U i/
6,950
Not guaranteed
1,276
160
387
16
-123
l>6
28
3,557
3,636
-10
-16
-371*
277
-66
-28
6,669
7,796
8,807
107
27
3,51*3
,0Sh
5,51*1
3,1*1*6
-22
13
3,259
,51*7
6,287
3,3W*
25
-137
-17
77
266
308
397
11
-37
-66
1*22
738
959
U27
1*73
U03
500
-252
-1S6
1*01
21
.
201
975
Wl
-265
608
131
-5
-6
.
71*7
587
367
617
31*9
-3
50
-68
50
-111
-10
286
296
130
6
-35
11*7
1953 -January
Actual figures from Dally Treasury Statemant; estimates based on
1951* Budget document, released January 9, 1953.
Excess of receipts, or expenditures (-).
Consists of transactions which clear through accounts of the Treasurer
of the United States, except as noted In footnote 1*.
-1*02
3,91*5
It,
952
556
11*
^J
88
-5
-1
-73
Source:
y
31*
Excludes Foreign Economic CooperatlOQ Trust Fund (aee page 1).
Beginning 1952, net transactions In Federal Intomedlate Credit Bank
Isaues are Included even though certain of these transactions do not
clear through the accounta of the Treasurer of the Tilted States.
Table 2.- Trust Account Receipts
(In mlLllonfl of dollars)
Federal Old -Age
and Survivors
Insurance Trust
Fxmd
Fiscal year
or month
191*5
191*6
7,036
7,712
191*7
6,21*1.
Railroad
Retirement
Account
UoenrploTiDent
Trust Fund
National Service
Life Insurance
Fund
GoTemment
GoTcmmsnt
Other trust
Life
Insuraaoe
employees *
retirement
funds 1/
2/
Fund
funde and
accounts
1,038
1,666
l,'*3l*
32!(
1,508
1,280
1,289
1,313
1,173
2,127
2,351
103
en
1,501*
131*
578
792
71*0
90
92
591*
1,171*
680
529
87
86
87
809
850
912
1*03
86
81*
970
1,080
63U
631
97
557
I9U8
6,515 2/
1,386
1,623
1,807
191*9
5,711*
1,921*
312
323
797
625
1950
1951
1952
6,669
7,796
8,807
2,367
61*5
1,281
1,076
3,1*11
678
850
1,51*2
1,61*3
681.
1953 (Eatlmatod)
1951* (Estimated)
9,081*
,1*35
773
9,51*7
,780
791*
1,553
1,596
631
582
738
959
181*
1*9
55
53
3
363
1*39
86
3
31*
2lt9
51*
328
19
1*1
1*27
1
36
31
28
29
.
llOl
31*
1*1
975
222
538
1.
.
.
71*7
1953 -January...
286
1952 -July
August
September..
October..
November.
December.
3,932
690
786
W
51*5
13
1.8
to
36
37
2
31*
17
Ii69
263
112
2
39
29
U8
ll*
28
1*1
1.
W.
37
iy'
,
597
85
59
Source t See Table 1.
1/ Consists of Civil Service and Foreign Service Betlremant funds.
2/ Includes Adjusted Service Certificate Fund, District of Columbia,
Indian tribal funds. Island possessions, Increment resulting from
reduction In the weight of the gold dollar, and through June 1950
}
public debt securities 2/
U,1.7li
5,711*
In
-281
3,852
3,855
Oc tober ....
November.
December.
1/
2/
Govemnent agenolee
seigniorage on silver under the Silver Purchase Act of 1931*. Thereafter
such eelgnlorage Is Included vlth other seigniorage under budget
receipts.
Excludes Foreign Economic Cooperation Trust Fund (see page 1).
March
mj
.TRUST ACCOUNT AND 0THE3? TRANSACTIONS.
Table 3.- Trust Account Expenditures Other Thap Net Investments
(In mllllaiis of dollars j oogatlra figures are azoees of oredlta)
Tedaral Oil -Age
and SurrlTora
Inauranoe
Trust Pund
FlBoal 7ear
or aonth
-458
191*5
19'>6
267
358
I*, 1*71.
1*66
Ballroad
Batireaeat
Account
301*
3,91*5
l*,952
1,569
2,067
321
391
1953 (Eatlaated)
5,51*1
6,287
2,651
3,169
1.66
(Egtlnated)
-73
179
169
208
39
38
37
587
367
617
221
220
262
38
38
39
296
230
39
1951*
1952 -Jul;
Auguot
Saptanber
1*73
556
,
Oo tot)er ....
Horaaber.
Deoeobar.
.
.
1953 -January ....
1.82
-1,669
647
372
367
414
2,988
Ul*
6ll*
1,01*9
996
77
82
268
271
300
370
387
413
-194
-346 5/
926
977
705
629
82
82
367
384
704
670
-360
-106
27
26
28
71
24
18
-8
129
-490
l,31lt
78I*
428
2,026
900
278
6,950
559
661
i/i/
Deposit
fund
accounts
(net) i/
21*1*
128
280
282
302
1950
1951
1952
y
other
trust funds
and acoounta
70
61
869
859
3,821*
aaplojees *
retlraaent
funds 1/
31*8
1,11*6
3,625
3,857
OoTemaent
Life
Insurance
Fund
151
267
71
152
173
222
19119
Goremaent
25
50
67
11*1
191*8
19*7
national
Sarrlce Life
Insurance
Fund
aent
Trust
Fund
323
222
1,574
1,073
1,234
526 4/
96
92
64
U6
1*8
71
1*9
9
6
6
54
1*9
6
31
1*9
1*1
77
1*8
5
5
30
31
23
14
41
166
-31
114
100
1*3
6
30
41
-192
Source I See Table 1.
1/ Conslata of ClTll Serrioe and Foreign Serrlca B.tlreaent funds
2/ Incliiles Adjusted Sarrlce Cartlfloate Fund, Dlatrlot of Coluabla,
Indian tribal funds, expenditures chargeable against Incranent on
gold, and beginning 1950, Mutual Defense Assistance Trust Fund.
i/
\J
5/
Excludes net inreatiMnts In public debt securities beginning 1951
(see Table 4, footnotea 3 end 4).
Zxcltties Foreign Econoolo Cooperation Trust Fund (see page 1).
Includes transactions by the Air Force and the Anay beginning 1952.
Table 4.- Net Investments of Government Agencies in Public Debt Securities
(In Billlana of dollars) nagatlre figures are excess of redemptions)
1/
Treasury Bulletin
10
.TRUST ACCOUMT AND OTHER TRAHSACTIOUS.
Table 5.- Federal Old-Age and Survivors Insurance Trust Fund -^
(In Billlans of dollars)
11
March 195)
.TRUST ACCOUNT AND OTHER TRAHSACTIONS-
Table 7.- Unemployment Trust Fund
(In ULllllona of dollars)
Treasury Bulletin
12
.TREASURy CASH INCOME AND OUTCO.
Table 1.- Sunmary of Cash Transactions
March 195}
13
.TREASURY CASH INCOME AND OUTOO.
Table 3.- Derivation of Cash Budget Expenditures
11^
Treasury Bulletin
.TRKASUBY CASH INCOME AND OOTGO.
Table 5.- Derivation of Cash Borrowing or Repayment of Borrowing
(In millions of dollars)
15
March 195)
-GENERAL FUND OF THE TREASURY-
Table 1.- Status of the General Fund
(In Billllons of dollars)
Aaseta
Bullion, colli, and
currency
of fiscal
year or month
I^"'^
Deposits In Federal
Beserre Banks
Ayallable
funds
1945
1946
1947
1948
1949
25, U9
14,708
3,730
5,370
3,862
150
160
1,023
1,073
1,022
219
1950
1951
1952
5,927
7,871
7,481
1,052
1,046
1,009
191
176
194
950
338
1951 -Deo a]>«r.
4,816
1,033
1952 -July
August.
September
8,520
7,439
7,557
1,010
1,004
1,001
October.
Ncnr ember
December.
6,743
8,155
6,582
6,278
.
1953 -January
.
In process
of collection
I>eposlta In
special
depositaries
1/
Uabllltlea
Balance In
the General
Fund
22,622
12,993
962
1,773
1,771
289
305
310
283
309
421
470
422
438
392
24,698
14,238
3,308
4,932
3,470
333
3,268
5,680
5,106
323
250
355
380
484
410
514
512
5,517
7,357
6,969
173
321
146
2,693
449
521
4,295
181
175
179
638
496
508
184
6,027
5,190
5,217
479
468
491
594
487
401
7,925
6,952
7,156
1,006
999
1,007
163
162
160
770
396
389
174
103
485
511
176
4,145
5,984
4,368
483
568
519
518
6,175
7,636
6,064
1,002
194
811
350
3,318
603
589
558
243
232
191
1,500
1,006
1,202
1,928
438
123
103
143
106
161
Source: Dally Treasury Statement.
1/ On account of withheld taxes and sales of GoTernment securities.
Table 2.- General Fund Balance by Months
(End of month, in millions of dollars)
Year
other
deposits
and
oolleotlons
..
.
-
.
.
Treasury Bulletin
i6
.DEBT OUTSTANDING.
Table 1.- Summary of Federal Securities
(In mlllloos of dollars)
Total outatimrtlng
Sai of
fiscal
year or
aonth
POUo
Guaran*
t«ed
aecarltles
PaUlo
debt
y
259,U5
258,682
1*33
269,1122
1*76
258,286
252,292
252,770
90
19'>9
269,898
258,376
252,366
252,798
1950
1951
1952
257,377
255,251
259,151
257,357
255,222
259,105
20
29
1953 (Est.)...
WS"* (1st.)...
263,968
19''5
19lt6
19*7
19I18
Debt peak
273,81.3
Hattirod dsbt emd debt bearing no Interoat
Intarest-bearlAg dalit
256,766
268,578
255,197
250,132
250,785
256,357
250,762
1*6
255,226
252,879
256,907
263,900
273,800
68
a. a.
43
73
27
Guaran-
Publlo debt
teed
securities
1/
International
Bank 2/
409
467
69
24
2,350
1,321
3,179
2,234
2,012
2,326
1,311
3,173
2,229
2,009
269
376
231
280
245
255,209
252,852
256,863
17
27
44
2,150
2,372
2,244
2,148
2,370
2,242
265
512
419
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
268, lU
255,113
250,063
83
n.a.
n.a.
416
66
41
Monetary
Fund 2/
1,724
1,161
1,063
Other
1/
2,057
935
802
722
660
613
575
1,270
1,283
1,274
n.a.
n.a.
550
n.a.
n.a.
I
Feb. 19lt6...
279,764
279,211»
551
278,451
277,912
539
1,313
1,301
238
1951-Deoa«ber.
259, Wl
259,1*19
42
257,111
257,070
40
2,350
2,348
492
1,296
560
1952 -Julj
August, ..
Septeaber
263,107
263,225
262,722
263,073
263,186
262,682
34
39
40
260,940
261,098
260,615
260,908
261,060
260,577
33
2,166
2,127
2,106
2,165
2,125
2,105
331
319
300
1,288
1,263
1,263
546
544
542
Ootober.
Horenber.
Deoenber.
264,961*
267,1*83
267,Uli5
264,919
267,1*32
45
51
54
262,864
265,394
265,346
262,820
265,345
265,293
49
267,391
53
2,100
2,089
2,100
2,099
2,087
2,098
297
286
304
1,263
1,263
1,258
539
539
536
1953 -January..
267,1150
267,1*02
48
265,370
265,323
47
2,080
2,079
286
1,258
535
38
39
43
Source I Actual figures from Dally Treaaury Statement; estimates based on
1954 Budget document, released January 9, 1953.
1,063
Footnotes at end of Table 2.
Table 2.- Net Change in Federal Securities
(Increase, or decrease (-), In millions of dollars)
Total outstanding
Fiscal year
or Bonth
Public
debt
teed
securities
Publlo
debt
1/
1945
1946
1947
1948
1949
56,489
10,783
-11,523
-6,010
432
57,679
10,740
-11,136
-5,994
478
-1,190
1950
1951
1952
4,579
-2,126
3,900
4,587
-2,135
3,883
1953 (Est.)...
1954 (Est.)...
4,817
9,875
4,795
9,900
-25
1952-July
August.
September
3,956
118
3,968
-11
113
-504
5
1
October.
Horember
December.
2,243
2,519
-38
2,238
2,513
5
6
2,249
2,530
-41
3
11
-6
.
.
1953 -January..
1/
2/
-503
Matured debt and debt bearing no Interest
Interest-bearing debt
Guaran-
Guaranteed
International
Bank 2/
-383
-14
-45
782
-1,029
1,858
-946
-221
866
-1,014
1,862
-944
-220
68
108
-145
49
-35
4,448
-2,358
4,011
-7
10
17
138
222
-128
139
222
-128
20
247
4,045
-12
152
-484
1
-77
-39
-21
-78
-39
-20
-88
-12
-19
-6
-12
11
-11
-19
-18
-1,107
58
653
56,813
11,754
-12,997
-5,050
698
-8
10
16
4,441
-2,347
4,028
22
n.a.
n.a.
43
-387
-16
-46
55,707
11,812
-13,381
-5,065
4,034
157
-483
Public debt
eecurl
ties
1/
5
5
-49
2,244
2,525
-52
3
-6
-12
11
24
30
-6
-19
Exoludes guaranteed eecurltlee held by the Treasury. The Interest-bearing
debt shovn here consists of F. E. A. debentiires wni^ c. C. C. demand
obligations; details by Issues appeared In the "Treasury Bulletin" for
August 19^1 And In previous Issues; cxzrrently the amounts outstanding are
shown each month In the "Treasury Sxarvey of Ownership" , Tables 3 and k .
Special notes of the United States Issued to the International Banlc and the
International Monetary Fund In payment of part of the United States subscriptions to these Inatltutions, pursuant to provisions of the Bretton Woods
6
^
-93
Monetary
Fund 2/
Other
1/
-1,122
4l6
1,724
-350
-25
-563
-98
-41
207
13
-9
-133
-80
-62
'^1
-38
-26
14
-25
-4
18
-5
AgreeoDonts Aot. The notes bear no Interest, are nonnegotlable, and
are payable on demand
Includes savings stamps, excess profits tax refund bonds, and currency Items. For current-month details, see "Statutory Debt
Limitation", Table 2.
•
Less than $500,CX)0.
n.a. Hot available.
March
m)
17
-DEBT OUTSTAHDHG.
Table 3.- Interest-Bearing Public Debt
(In Billions of dollara)
'
.,,.
Treasury Bulletin
IS
.DEHT OOTSTANDIUG.
Table 5.- Special Issues to United States Government Investment Accounts
(In milllona of dollara)
Federad
Deposit
Insurance
CorporatlOQ
End of fiscal
year or moatb
19l»5.
Federal
loan
banks
Federal
Old-Age
and
Surr Ivors
Insurance
Trust Fund
2,1*11*
6,616
7,266
5,191
2,863
7,71*5
1,279
5,170
632
2,630
7,629
1,300
5,192
5,178
5,177
522
522
522
2,871*
7,710
10
2,925
11*
2,91*2
7,921*
7,881*
1,291
1,285
1,285
5,161*
5,161*
5,161*
522
522
520
2,917
2,960
2,980
7,878
3,089
8,123
21
2U
17
1,282
5,151*
512
2,956
8,038
U
6,1*7"*
7,709
9,003
71*
95
2,823
3,270
1,286
1,318
6,935
7,288
79
86
79
3,817
5,31*2
5,011*
1,292
1,300
1,300
12,791
79
1*,756
11*, 01*7
5,3''l*
5,359
5,363
1,291*
ll*,222
52
52
53
1*6
11*, 292
53
81*1*
51
11*, 1*29
5"*
851*
1*1*
l'*,73'*
56
5,363
5,366
5,370
912
51
ll*,7l*6
56
5,378
1951-I>e<:em1>er,
35,902
862
52
37,91*5
81*0
51*
38,307
38,360
81*0
11*, 11*8
81*0
51
50
38,390
38,788
39,150
81*3
39,097
1953 -January...
2,058
1,251*
11*, 01*7
.
7,31*0
1,802
706
552
2,1*60
50
.
7,500
1,720
62
37,739
October.
NoTember.
Decenber
1,371*
12
30
11
7
7,101*
119
77
.
11*
6,699
782
1,628
1,912
1,952
37
U7
12,096
Other
2/
6,71*7
1*61*
5,21*0
666
Unemployment
Trust
Fund
501
657
806
3,187
51*9
Eallroad
Retirement
Account
tion
681*
808
868
888
1952 -Julj
August. .
September.
Postal
Savings
System
1/
589
32,356
3"*, 653
Insurance
Fund
1,868
2,177
1950.
1951.
1952.
19'*9.
Ufe
National
Service
Life
Insuranoe
Fund
1*9
10,1*18
191*8.
funds
aovemment
37
97
120
U08
191*7.
Govemjoent
employees
retirement
5,308
5,910
18,812
22,332
27,366
30,211
32,776
191*6.
Federal
Savings
and Loan
Insurance
Corpora-
Source I Dally Treasury Statement.
1/ Includes Canal Zone Postal Savings System,
2/ Consists of Adjusted Service Certificate Fund, various housing Insuranoe
l*,391
1,291*
5,1*36
7,11*2
6
13
9
11*
Farm Teoant Mort^tage Insurance Fund, and Veterans* Special Term
lasuronoe FuM.
fu^.
Table 6.- Computed Interest Charge and Computed Interest Rate on Federal Securities
(Dollar amunts In millions)
March
my
19
.DEHT OOTSTANDHG.
Table 7.- Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
^
20
Treasury Bulletin
JJEHT OUrSTAKDIHCr,
Table 8.- Public Debt and Guaranteed Securities Outstanding by Months
(End of month, In
Jan,
Apr,
mlUloDS of dollars)
July
Ma7
Piibllo debt
1932
Aug,
Sspt,
starch
m>
21
STATUTORY DEBT LIMITATION
The Second Liberty Bond Act, as amended, ( 3I U.3.C.
757 b), provides that the face amount of obligations Issued
and the face amount of
under authority of that act,
obligations guaranteed as to principal and Interest by
aggregate *275 billion outstanding at any
Obligations Issued on a discount basis, and
redemption prior to maturity at the option of
are Included In the statutory debt limitation
the United States (except gruaranteed obligations held by
the Secretary of the Treasury), shall not exceed In the
redemption values.
one
time.
subject to
the owner,
at current
Table 1.- Statu« under Limitation, January 31, 1953
(In mllllana of dollars)
Maximum amoimt of sec\irltloa ^ich joa^ ba outetandlBg at ai^ one
of June 26, 191+6 (31 U.S.C . 757 b)
tljne,
UEider
Itmitatioa Ijspoeed
"tij
the act
275,000
Amount of securities outstanding aubjeot to auch statutory debt limitation:
266,789
U. S, Government securities Issued under the Second Liberty Bond Act, aa amanded
^^
Guaranteed securities (excluding those held by the Treaaury)
Total amount of securities outstandlJig subject to statutory debt Hjoltatlon
'
3,l63
Balance Issuable under limitation
Source:
Bureau of the Public Debt.
Table 2«- Application of Limitation to Public Debt and Guaranteed Securities
Outstanding January 31, 1953
(In mlUlona of dollars)
Clafls of sec'orlty
Subject to
statutory debt
limitation
Public debt:
Interest -bearing eecurltlea:
Marketable:
Treasury bills
Certificates of indebtedness
•...
Treasury notes
Treasury bonds - bank eligible
Treasury bonds - bank restricted l/,..
Postal savings and Panama Canal bonds.
Total marketable.
Nonmarketable
U, S, eaTlngs bonds (currant redemption Talue),
Treasury savings notes
Depos itary bondB
Treasury bonds , inTostmant aeries
Toteil ncomarketable
Special Issues to Government agencies and trust funds.
Total interest-bearing securities
Matured eecurltlee on i^lch interest has ceased
Debt bearing no interest:
lilted States ean^lngs stamps
Kxcees profits tax refund bonds
Special notes of the United States:
International Monetary Fund Series
Ifiilted States notes (lees gold reserve]
Deposits for retiranent of national banlc and federal Reserve Bank notes.
Otiier debt bearing no interest
Total debt bearing no Interest.
Total public debt.
Guaranteed securities;
2/
Interest-bearing
Matured
Total gupranteed securities
Total piibllc debt and guaranteed eacurltles.
21,709
16,712
30,275
58,71*0
21,013
Not subject to
statutory debt
limitation
Total
outstanding
I
,
Treasury Bulletin
.DEBT OPERATIONS.
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States Government
and Outstanding January 31, 1953^
(In millions of dollara)
Amount of maturities
Deacrlptlon of security 2/
Fixed
maturity
issues
Callable Issues
classified by
year of
First
call
Final
maturity
Date
bank restricted
Issues
become
bank
eligible
i/
Amount of maturities
Year
Description of security 2/
month
2-l/2)t Bond
3/15/56-58
Apr.
1-1/2^ Rote
1./I/56-EA
I., 901
2,502
June.
2-l/lt^ Bond
6/l5/5l'-56
Bills.
6,901
Sept,
2-3/l.lt
Bills (Tax Anticipation Series).,
I-7/8J Certificate
6/1/53 -B
25t
Bond kj
12/15/51-55
Bond
2$
6/15/52-514
2-lA* Bond \J
6/15/52-55
Bond
Si
12/15/52 -5lt
Bond
2*
6/15/53-55
2,003
5,1.02
1-7/856 Certificate -
2A5/53-A
BlUe
Bills (Tax Anticipation Series]
Callable Issues
classified by
year of:
First
caU
1956
Mar.
BlUe
Fixed
maturity
Issues
1,1.1»9
8,868
lt,963
Oct..
2-1/1.51
Bond
Bond
l-l/2j6
Note
-
1,007
982
3,822
9/15/56-59
9/15/56-59
IO/1/56-ZO
550
510
W
Total
5,825
1,501
8,662
725
y
1,557
6,253
1957
Certificate
Bond
Dec
.
.
S-l/SJ Bote
^
8/15/53 -c
2,882
Mar.
2-3/8* Bond
-
9/15/51-53
7,986
Apr..
1-1/2* Bote
-
I./1/57-EA
12/1/53 -A
10,5U2
Oct..
1-1/2* Bote
-
IO/1/57-EO
56,950
17,223
927
3/15/57-59
Total
531
751
1,283
1958
Mar.
l-3/8lt Note
S/lS/Sli-A
Bond
2-l/U5t Bond
6/15/52-51.
6/15/51.-56
Bond
12/15/52-5^
2^
Si
2-1/2* Bond
-
2-3/8* Bond
2 -3 A* Bond
l»,675
3/15/56-58
6/15/58
6/15/58-63
5,825
681
1959
Total
"•,675
681
Mar..
2-3/8* Bond
-
June.
2-lA* Bond
-
Sept.
2-3A* Bond
2-lA* Bond
-
Dec.
1-1/2J note
2-7/8J Bond
3/15/55 -A
3/15/55-60
2-1A5' Bond
Bond
2i
6/15/52-55
6/15/53-55
1,501
725
Bond
Bote
12/15/51-55
12/15/55-B
510
1-iM
9/15/56-59
9/15/56-59
2-1/1.* Bond - 12/15/59-62
5,365
2,611
i960
Mar.
256
-
3/15/57-59
6/15/59-62
6,851.
12,219
2,611
2,736
2-7/8* Bond
-
3/15/55-60
2-3A* Bond
-
12/15/60-65
Total
-
927
March 195)
23
.DEBT OPERATIONS.
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States Government
and Outstanding January 31,
1953 i/- (Continued)
(In millions of dollars)
9
7
6
Treasury Bulletin
21+
DEBT OPERATIONS.
Table 2.- Offerings of Treasury Bills
(Dollar amoimte In mlllloau)
SescrlptlGO of new lesue
Hunbar of
days to
uaturlt?
MaturlV
data
Amount of
toidarad
Amount of bide aoceptad
Total
ajooimt
On oompatItlTe baslB
On noBocopetl-
In
tlT» taalj 1/
azchange
Amount
maturing on
iaaua date
of nev
offering
Total unmatured leeues
oute tending
after new
Issues
Regular Series:
1952-Oot. 2
Oct. 9
Oct. 16
Cot. 23
Oct. 30
1953-Jan. 2.
Jan. 8.
Jan. 15.
Jan. 22.
Jan. 29.
91
91
91
91
>07. 6
Hot. 13
Hot. 20
Hot. 28
Feb. 5.
Fob. 13.
Feb. 19.
Feb. 26.
91
92
91
90
Deo . 1*
Deo. 11
Deo. 18
Vac. 26
Mar. 5.
Mar. 12.
Mar. 19.
Mar. 26.
1953-Jan. 2
Jan. 8
Jan. 15
Jan. 22
Jan. 29
Feb. 5
Feb. 13 p
Feb. 19 p
Feb. 26 p
92
1,915.8
2,108.1
2,237.8
1,200.0
17,206.6
2,327.5
1,191.2
1,129.0
1,285.9
195.3
215.2
210.0
272.6
215.5
38.9
68.1
87.7
55.4
66.0
1,200.3
1,1*00.1
1,1*01.2
1,1*01.5
1,501.1*
2,116.3
2,222.9
1,904.9
1,862.6
1,301.0
1,500.9
1,300.5
1,300.0
1,083.0
1,261.2
1,069.0
1,109.6
218.0
239.6
231.5
190.4
63.2
123.7
75.8
1,300.1
1,500.8
1,300.3
1,299.9
17,210.7
17,210.8
91
91
91
90
1,836.1*
1,91*3.7
1,300.7
1,200.3
1,200.0
1,200.3
1,118.1*
182.1*
1*1*
966.1
959.3
977.1
234.3
240.7
223.2
56.0
.0
1,300.3
1,200.9
1,202.8
38.3
1,200.1*
17,211.6
17,211.0
17,208.1
17,208.0
Apr. 2.
Apr. 9.
Apr. 16.
Apr. 23.
Apr. 30.
90
91
91
91
91
2,098.2
2,057.8
2,036.0
2,127.1
2,383.8
1,200.7
1,399.4
991.4
1,166.3
1,143.1
1,160.5
1,237.6
209.3
233.1
257.1
239.9
262.9
39.0
136.4
227.5
145.7
53.4
1,200.0
1,400.1
1,401.2
1,401.5
1,501.4
17,208.7
17,208.0
17,207.0
17,205.9
17,204.9
Majr
7.
217.0
141* .3
1,500.5
1,301.2
1,300.7
1,259.9
1.059.2
21*0.5
154.2
76.5
63.5
1,301.0
1,500.9
1,300.5
1,300.0
17,204.2
17,203 .9
91
2,133.0
2,386.0
2,291.5
1,993.1
1,083.1*
21.
28.
91
90
91
1,300.1*
May
May
May
l6l
210
3,279.1
3,923.8
2,501.9
2,002.7
2,300.7
1,776.3
11*.
2,1*08.1*
1,713.1
1,775.2
1,1*00.2
1,1*00.1*
1,500.1*
1,001*.
1,181*.
1,104.1*
242.0
196.3
1*8.6
1*1*
.0
1,400.1*
17,206.1*
1,1*00. I*
17,207.2
17,208.8
17,209.8
1,399.9
1,^00.4
17,2U.O
17,2U.l
17, 201*.
17,205.3
Tax Anticipation Series:
1952-Oot. 8
Hot. 21
1953 -Mar. l8.
June 19.
201.2
2,501.9
226.1*
U,50li.6
March 1%)
25
DEBT OPERATIONS.
Table 3.- Offerings of Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness
Period from issue date to
Issue
date
Description of eeourlty
Maturity
First call
Amount of
subscriptions
tendered
Cash 1/
^change
Amount Issued
For
cash 1/
In exchange
for other
securities
Allotment
ratio
(In millions of dollars)
2/1A7
3/1A7
U/iAt
6/1A7
t/iAt
8/1A7
9/1A7
9/15A7
IO/1A7
ll/lA?
12/1A7
1/1A8
2/1A8
3/1A8
lt/lA8
6/1A8
7/1A8
9/15/1*8
lo/iAS
12/15A8
I/1A9
2/lA9
3/1A9
I./1A9
6/1A9
7/1A9
9/15A9
IO/1A9
:2/i5A9
1/1/50
2/1/50
3/1/50
3/15/50
l»/l/50
6/1/50
ilvv>
10/1/50
12/15/50
'•/l/Sl
6/15/51
8/1/51
9/15/51
10/1/51
10/15/51
10/1/51
02/15/51
2/2/53
2/2/53
Certificate
7/8*
Certificate
7/8?
Certificate
7/8*
Certificate
7/8*
Certificate
7/8*
Certificate
7/8*
Certificate
7/8*
Note
1*
Certificate
1*
Certificate
1*
1-1/8* Note
1-1/8* Certificate
1-1/8*
1-1/8*
1-1/8*
1-1/8*
1-1/8*
1-3/8*
1-lA*
1-lA*
1-lA*
1-lA*
1-lA*
1-lA*
1-iA*
1-iA*
1-1/8*
1-1/8*
1-3/8*
1-1/8*
-
•
•
•
Certificate
Certificate
Certificate
Certificate
Certificate
Note
Certificate
Certificate
Certificate
Certificate
Certificate
Certificate
Certificate
Certificate
Certificate
Certificate
Note
Oertifloato
1-1 A* Note
1-lA* Bote
1-1/2* Bote
1-lA* note
1-1/4* Note
1-lA* Note
1-lA* Note
1-lA* Note
1-3A* Note
1-1/2*
1-7/8*
1-7/8*
1-7/8*
1-7/8*
1-7/8*
1-1/2*
1-7/8*
-
Note
Certificate
Certificate
Certificate
Certificate
Certificate
Note
Certificate
3/1/52
3/1/52
4/1/52
7/1/52
7/1/52
8/15/52
10/1/52
10/1/52
8/15/52
Bond
Certificate
Note
Bond
Certificate
Certificate
2*
2-1/8* Note
1-1/2* Note
Certificate
2*
2/15/53
2/15/53
2-lA*
2-3/8*
1-7/8*
1-1/2*
2-3/8*
1-7/8*
Oairttfioate
2-1/2* Bond
•
•
2/1A8-B
3/1A8-C
U/1A8-D
6/1A8-E
7/1A8-F
2/1A9-B
3/1A9-C
•
•
•
1 yr
11 m
1 yr
1 yr
1 yr
1 yr
lyr
1
1
1
1
2/1/50-B
3/1/50-C
4/1/50-D
6/1/50-E
7/1/50 -P
9/15/50 -G
10/1/50-H
3/15/54-A
1/1/51-A
10/1/51-A
7/1/51-B
3/15/55-A
7/1/51-C
7/1/51-D
8/1/51-E
10/15/51-F
11/1/51-C
12/15/55-B
4/1/56-EA
4/1/52-A
7/1/52-B
8/15/52 -C
9/1/52-D
10/1/52 -E
10/1/56-BO
12/1/52-F
1 yr
yr
yr
yr
yr
lyr
1 yr
1 yr
4
yr
1 yr
1
yr
1 yr
5yr
yr
3
1 yr
1
1
1
1
yr
1 m
1 yr
1
m
5 rr
yr
9i
11
11
11
lli
m
m
m
5 yr
yr
5
5yr Hi.
U
2,189
3,553
1,055
4,301
5,783
3,596
6,535
1,993
2,922
5,019
5,601
1,197
6,248
4,675
5,373
1,993
2,922
963
5,019
5,601
1,197
6,248
4,675
5,373
1,918
2,741
5,365
886
4,818
5,351
5,941
5,253
6,854
1,918
2,741
5,365
886
4,818
5,351
5,941
5,253
6,854
1,007 a/
9,524
5,216
1.007 2/
9,524
5,216
519
5,695
yr
1 yr
873 5/
yr
5 yr
8,U4
1
p
620 p
4/
^
2/
550 a/
1,063
927
8,868
531 iJ
4,245
'',963
2,008 5/
10,542
758 3/
lyr
"Treasury Bulletin" for April 1951. page A-1.
Amounts shown are as of February 28. 1953. They include exchanges by
Federal Beserre System Open Market Account amounting to $1,000 million
In the case of Series EA-1956, $500 million eaoh In the case of
Series EO-1956 and Series EA-1957, and $714 million In the oese of
Series 10-1957.
583
1,832
10,861
927
8,868
531 1/
11,693
1
1 yr
5
2,189
3,553
1,055
4,301
5,783
3,596
6,535
519
5,695
1,832
10,861
550 i/
1,063
ni:
yi/57-EA
3,947
2,142
1,321
1,777
2,742
1,127
2,209
4,092
1,354
1,467
3,535
2,592
583
m
o
5 yr
Source: Bureau of the Public Debt,
1/ Consists of nil public cash subscriptions and subscriptions by U, S,
GoTernment inveetaoent accounts,
2/ Exchange offering aTailable to owners of nonmarketable 2-3A/^
Treasury Bonds, Investment Series E-1975-80, dated April 1, 1951.
For further Information relating to the original offering see
X/
B
m
m
lyr
5
4,801
2,951
2,669
2,510
2,742
1,127
2,209
4,092
1,354
1,467
3,535
2,592
963
lyr
3/15/57-59
2/15/53 -A
2/15/54-A
12/15/58
6i,
1 yr
1 yr
1 yr
7 yr
6/15/58
6/1/53 -B
,
8/15/53-c 2/
12/1/53 -A
lO/l/57-EO
8/15/53-c 1/
m
1
lyr
6/1A9-E
7/1A9-F
1/1/50-A
•
11 m
10 m.
I2J m
lt/l/50-A
IO/1A9-G
12/15A9-H
•
1 yr
1 yr
1 yr
1 yr
7/1/48-0
7/1A8-H
IO/1A8-B
IO/1A8-J
IO/1A8-K
I/1A9-A
I/1A9-A
't/lA9-D
•
1 yr
4,963
2.008 ^/
10,542
758 a/
873 5/
8,U4
p
620 p
Nonbank subscriptions were allotted in full, COEaaercial banks' subscriptions for amounts up to and including .$100,000 for their own
account Qiao were allotted in full, COEEnercial banks' subscriptions
for amounts over $1'!)0,000 for their own account were allotted
$100,000 on each subscription.
The 2* certificates dated August 15, 1952, were reopened, with all
certificates of the series identical in all respects, as an exchange
offerlns for the 1-7/8* certificates which matured December 1, 1952.
Total exchanges amount to $2,382 million.
Holders of the I-7/8* certificates which matured February 15, 1953,
were offered a choice of exchanging the securities for either the
one-year certificate or the five-year, ten-aonth bond.
Preliminary,
26
Treasury Bulletin
.DEBT OPERATIONS.
Table 4.- Disposition of Matured Marketable Issues of Treasury Bonds, Notes, and Certificates
of Indebtedness and Securities Guaranteed by the United States Government
Called or maturing security 1/
Date of
refunding
or retire-
iGoue
date
DeBcrlptian
jBent
Slepoaltlon offers
\tj Treasury
Amount
outstanding
Exobange
security
offered
Casta
retirement
(In allllau of
1/1/50
8/1/30
3/1/50
3/15/50
"•/l/SO
Baaulta of ezeh>nge offer.
Elchnnged
In
for
cash
2/
tellm)
l-lA* CM-tlfloate
l-lA> Certificate
1-lA* Certificate
-
1/1/50-A
I/1A9
5,695
5,695
5,373
322
-
2/1/50-B
1,993
1,993
1,918
75
3/1/30-C
2/1A9
3/1A9
2,922
2,922
2,7*1
lao
Bond
2*
l-3/8> lote
-
3/15/50
10/19 A2
-
I1/1/50-A
9/15/w
1,963
3,596
1,963
3,596
1,861
3,50*
102
92
19*
-'
Total
Description of nev
security offered
Turned
l-l/8# Oortlfloato
-
l/l/51-A
l-lA> Bote
l-lA* Boto
-
10/1/51-A
-
7/1/51-B
1-1/2)1 Boto
-
3/15/55-A
5,559
5,559
5,365
"t/1/50
l-l/llj Certificate -
U/1/50-D
4/1/1*9
963
963
886
76
l-lA# Bote
6/1/50
l-l/li# Certlfloat* -
6/1/50-I
6/1/1*9
5,019
5,019
*,8l8
801
1-1/** Boto
7/1/51-D
7/1/50
1-lA* Oertlfloat*
-
7/l/50-»
7/1/119
5,601
5,601
5,351
250
l-l/*# Boto
8/1/51-B
1-1/8)1 Certificate 2-l/2ik lond
9/15/50-0
9/15/50-52
9/15/50-52
9/15A9
1,197
1,186
",939
1,197
158
281
9*2
10/15/51-F
*,939
1,039
905
3,997
l-lAi BMa
-
9/15/50
2*
»oo«
9/15/38
•1/15A3
Total
l,lfl6
7/1/51-C
7,322
7,322
5,9*1
1,381
10/1/50
l-l/8# CortlTloate
-
IO/1/5O-I
IO/1A9
6,21.8
6,2*8
5,253
995
1-1/** Boto
ll/l/51-O
12/15/50
l-l/2# Bead
I-I/Sjl Certificate
-
12/15/50
I/I/51-A
6/1/1*5
2,635
5,373
2,635
5,373
2,315
*,538
320
83*
1-3A> Boto
12/15/55-B
8,008
8,008
6,85*
1,15*
6/15/67-72
12/15/67-72
6/1/1.5
7,967
U/15A5
U,689
7,967
11,689
5,96*
7,610
19,656
19,656
13,57*
1,627
1,516
2,607
831
*,570
2*8
-
1/1/50
Totfcl
•i/l/jl
2 -1/8 J BcBd
-
2-1/211 Bai^
-
Total
2-3A» Bond
-
lote
1-1/11)1 Bote
l-l/*)l Bote
-
2-3/*^ Treaanry Bond, Inroatwnt Sarloa B-1975-80
y
110
13*
55
6/15/51-5*
7/1/51-B
7/1/51-C
6/15/36
3/1/50
-
l>/l/50
366
-
7/1^1-D
6/1/50
1..818
1,627
2,7*1
886
*,8l8
10,078
10,072
9,58*
5*8
l-lA# Boto
-
8/1/51 -B
7/1/50
5,351
5,351
5,216
135
l-7/8# Corttfleato
-
7/l/5e-B
Boad
-
9/15/51-55
9/15/31
755
755
585
178
l-7/8> Certificate
-
8/15/52-C
W/l/51
1-1 A* Boto
-
10/1/51-A
2/1/50
1,918
1,918
1,832
86
10/15/51
1-lA* Boto
-
10/15/51-r
9/15/50
l-l/li* Boto
-
u/l/51-0
10/1^0
5,9*1
5,253
5,9*1
5,253
5,873
*,98B
67
265
333
6/15/51
l-l/lii»
Total
8/1/51
9/15/51
3#
2,71.1
1-7/8)1 Oortlfloato -
*/l/52-A
1-7/8)1 Oertlfloato -
9/1/52-5
-
lo/l/58-B
l-7/8# Oortlfloato
U,19l.
11,19*
10,861
12/15/51
2-lA* BM*
-
ia/15/51-53
12/22^9
1,118
1,118
1,063
55
l-7/8# Oortlfloato
-
12/l/5a-»
3/1/52
2-l/2# Bead
-
3/15/52-5*
3/31A1
1,021.
1,02*
927
97
2-3/8# Bead
-
3/15/57-59
3/1/52
l-7/8# Oartlfloato
-
*/l/52-A
6/15/51
9,52*
9,52*
8,868
656
1-7/8)1 Oartlfloato -
2/15/53-A
5.195
12/l/U
3,1.80
-
3/15/65-70
3/15/66-71
6/15/67-72
12/15/67-72
2/lM
6A/38
a-i/2# Bosd
2-1/2)1 Boad
S-l/^ Bond
2-1/2)1 Boad
-
6/1/1.5
U/I5A5
1/1:
1,999
1,072
5,195
3,*8o
1,999
*,072
*67
512
100
227
1*,7*6
1*,7*6
1,306
1-7/8)1 Oortlfloato -
7/1/52-B
8/1/51
5,216
5,21)6
*,963
853
1-7/8)1 Corttrioat* -
-
8/15/52-0
9/15/51
583
loA^l
150
858
ei
-
9A/52-B
*3*
1,575
Certificate
-
583
1,832
totjj
-
Tot4ll
7/1/52
2-3/*^ Tr«ai.\c7 BoBl, iBToatont Series B-1975-80 3/
6/1/53-B
8/15/52
l-7/8# Oertlfloato
l-7/8)t Oartlfloato
2,1.16
2,*l6
2,008
*07
10/1/52
l-7/8# Cartlfloato
-
lO/l/jB-B
10/15/51
10,861
10,861
10,5*2
319
2-1/8)1
BoU
-
12/1/53 -A
12/1/52
l-7/8# Oortiricato
-
12/l/5»-F
12/15/51
1,063
1,063
873
190
2#
Oortlfloato
-
8/15/53 -C*/
2/15/53
l-7/8# Oertlfloato
-
2/15/53-A
3/1/52
8,868
8,868
8,73* P
«*
Total
Soaroei Baroau of the Pahllo BoVt.
1/ Original oall aai aativlty datoo are wied.
2/ All l>y tBToatoro otkar tkn fodorml BoeerTo BaakB.
2/ Tkoso aoKBrketaklo koada, daitod Ajnl 1, 1951, and aatvrlng
April 1, i960, are oKohaagoaUo for l-l/2)( aarketaklo Troaaury noteo;
aoo TaUo 3, footaoto 2, la tlie reopaalng, the iBroataont Sorioe
1,832
V
j2-lA* Oortlfloato
-
l2-l/2# Bond
-
p
2/l5/5*-A
12/15/58
kcDda mro offered for oaak aakoorlBtlona aa «•!! as exohango, and
ydld for
not leaa tkan ono inartar of oaoh ontecrlptlon Bad to
In cask.
The 2^ cortlfloatos aatarlag Aagast 15, 1953, «oro reopened for the
Boca*bor 1 refunding (aoo Taklo 3).
Preliminary.
W
*/
8/15/53 -C*/
March
my
27
.usiTED
sryffiES
sAvmss bonds.
United States savings bonds were first offered In
and K, also at hlf^er Interest rates.
A new current-Income
similar In Interest return to Series E,
was offered beginning Junel. For details of these changes
see "Treasury Bulletin" for May 1952, page A-1.
March 1975 and began to mature In March 19'*5. Series A-D
were sold between March 1935 ah^ the end of April iglU,
and Series E,
F,
and
bond,
were first offered In May V)h\.
Series
H,
When Series E began to mature on May 1, 1951, owners of the
matured bonds were offered three options:
In the tables which follow, Series A-F and J sales
are shown at Issue price and total redemptions and amounts
outstanding at current redemption values. Series (J, H and K
are shown at face value throughout. Matured bonds which
To redeem the
bonds In cash In accordance with the original terms; to
retain them with an extended maturity of 10 years at
,
specified rates of Interest accrual; or to exchange them
bonds.
for Series
A number of changes became effective
have been redeemed are Included In redemptions.
1,
term,
with corresponding changes In extended Series E; and
Series F and 5 were replaced by two new Issues,
Series J
Table 1.- Sales and Redeaptlons by Series, Cumulative through January 31, 1953
(Dollar aaonnta
SerlM
Data by
denominations and eales by States are published on a
monthly basis but not In each Issue of the "Treasury
Bulletin".
The rate of Interest
1952. "he principal ones were:
accrual on Series E was Increased, especially for the near
May
Iji
Billions)
.
.
Treasury Bulletin
28
.UNITED STATES SAVUIGS BOHDS.
Table 3.- Sales and Redemptions by Periods, Series E through K
(DollAr aaounta In adllloQs)
Aooru«d
dlsconnt
Redemptions l/
Sales plQfi
accrued
discount
Sales
price
Accrued
discount
ABOunt outstanding (Interestbearing debt)
Series 1 and H caoblned
Fiscal years:
igM-igits
19Wt
ig^s
12,001
11,820
11,553
6,739
It, 287
19W
IS^tT
19W
"1,026
l>,278
19*9
1950
1951
1952
3,993
3,272
3,296
35
lie
265
11,287
21,125
29,097
30,358
30,791
31,625
33,127
34,494
749
2,100
3,846
5,912
4,391
3,825
3,530
3,521
4,295
4,008
748
2,095
3,825
5,843
4,288
3,689
3,368
3,326
3,987
3,583
5,025
4,639
4,270
4,694
1,601
3,005
4,963
5,423
3,930
3,728
3,448
3,912
4,036
4,098
1,598
2,993
4,925
5,330
3,813
3,575
3,274
3,667
3,688
3,622 p
377
319
337
334
279
299
44
40
38
34,950
35,019
35,055
41
35,
33 P
35,206
35,324
12,035
11,938
11,818
1*31*
7,173
536
633
753
895
1,035
1,111
l*,8Sl*
'*,659
5,032
1*,887
l*,307
l*,l*07
1
5
20
69
103
136
162
195
307
425
3lt,506
2
15,957
25,515
30,727
30,263
30,997
32,188
33,766
34,905
Calendar years;
19lH-19'>3
17,1*78
19W1
19l'5
12,380
9,822
80
182
353
17,558
12,562
10,175
191*6
l*,lt66
1*93
1*,959
igitT
I*
,085
579
696
818
971
1,080
1,120
1*,661*
191*8
I*, 221*
ipig
1950
1951
195S
I*,
208
3,668
3,190
3,575
Months 1
195S-July
August,
September
,
.
October. .
NoTember.
December.
1953 -January...
1*,920
316
309
290
107
78
83
422
387
373
310
271
76
91
123
386
362
456
325
272
331*
338
284
239
299
1*41
108
548
361
320 p
11
38
93
116
154
174
245
348
1*75
3'*,'*93
P
39 P
41 p
34,727
35,324
U6
35,511
Series F, G, J, and E coablned
?lBcal years:
6,446
3,678
3,337
2,873
2,920
2,209
2,863
1,680
1,871
629
1941-1943
1944
191*5
1946
191*7
1948
191*9
1950
1951
1952
Calendar years:
1941-1943
1944
7,946
3,664
3,115
2,962
2,609
3,071
1,626
2,4o6
191*5
1946
191*7
1948
191*9
1950
1951
1952
770
586
3
9
19
33
47
61
73
83
90
96
6
13
25
40
54
67
78
87
93
100
6,448
3.687
3,356
2,905
2,968
2,270
2,935
87
192
310
497
672
772
835
821
1,042
1,012
87
191
309
494
666
764
823
807
1,021
990
7,952
3,678
3,140
3,002
2,663
3,139
163
259
370
615
715
258
368
611
708
1,704
2,493
815
905
1,093
929
1,763
1,961
726
863
686
ao
1
3
6
9
12
14
21
21
i6e
829
803
888
1,071
908 p
1
1
4
6,362
9,857
12,903
15,312
17,608
19,105
21,205
22,147
23,066
22,780
7,789
11,208
13,979
16,366
7
18,311*
11
12
17
22
20,613
21,501
23,089
22,859
22,616
22 p
Months:
1952 -July
66
August .
September
47
39
14
6
6
Ootober..
Hot ember.
December.
38
32
42
7
7
12
39
1953 -January..
64
15
52
.
Footnotes at end of Table 4.
87
77
76
85
75
75
22,759
22,734
22,704
53
70
72
82
69
70 p
80 p
22,678
22,645
22,616
78
72
70 p
22,623
53
46
45
(Continued on following page)
KonttOj redttiptlons
as percent of amount
outstanding
March
mj
29
.UNITED STATES SAVIBGS BONDS.
Table 3.- Sales and Redemptions by Periods, Series B through K - (Continued)
(In millions of dollars)
Accrued
diecount
Bsdaiptlona 2/ 3/
Sales plus
ABOUDt OutstandlDg (Interestbearing debt
accrvfid
Sales
price
discount
Accrued
disooimt
nscal years:
I9IH and 1942.
3,729
8,271
11,820
1
33
3,731
19'tlt
U8
11,93''
60
689
2,100
19'f5
U,553
265
11,8j.8
3,8lt6
It3lt
7,173
5,912
5,8lt3
lt,391
l.,288
19'*9
11,278
659
5,032
1950
1951
1952
3,993
3,272
3,266
536
633
753
895
1,035
1,111
lt,82lt
19lt8
6,739
287
It, 026
3,825
3,530
3,521
It, 295
It, 008
3,689
3,368
3,326
3,987
3,583
220
1,380
3,005
220
1,378
2,993
It, 925
5,330
19l'3
19W
19*7
It,
8,30li
It,
lt,887
307
It, 377
It,
60
688
2,095
3,825
3,671
11,287
21,125
29,097
30,358
30,791
31,625
33,127
1
5
20
69
103
136
162
3lt,li9lt
195
307
3lt,506
3lt,675
Calendar years:
19ltl
and 19ll2.
10,3lA
12,380
9,822
10
70
i8e
353
lt,lt6£
lt93
085
579
696
818
971
1,080
1,120
7,13'»
19^3
191*
19'>5
19'>6
W"!?
It,
191*8
!t,S2ll
191*9
It,
208
3,668
3,190
3,393
1950
1951
1952
Months:
1952 -July
August .
September
.
.
October.
November .
December.
.
1953 -January .
.
,
260
28a
267
107
78
83
7,lWt
10,lillt
12,562
10,175
It
,959
lt,66lt
513
386
360
350
377
319
337
11,639
4,270
286
253
310
91
363
3Wt
123
1.33
325
272
338
397
108
505
361
76
Series H k/
Fiscal year:
963
5,1*23
3,930
3,728
3,Wt8
3,912
It, 036
It, 098
920
5,025
It,
It,
It,
3,813
3,575
6,923
15,957
25,515
30,727
30,263
30,997
32,188
33,766
2
11
38
93
116
15lt
3,27lt
17lt
3,667
3,688
3,622 p
2lt5
3li,lt93
31*8
I175
311,727
35,11*3
P
33lt
lilt
3l*,88lt
279
299
ito
311,926
38
31*, 939
281t
111
239 P
299 P
33 P
39 P
311,976
35,Oli8
319 P
111
p
35,11*3
35,287
;
t
)
. .
.
Treasury Bulletin
30
.UHTTED STATES SAV3BGS BONDS.
Table 3.- Sales and Redemptions by Periods, Series E through K
(
Accrued
dlBcount
-
(Continued)
In millions of dollara
Redemptions
Sales plus
accrued
discount
Accrued
discount
Sales
price
Amount outstanding (Interestbearing debt)
Series F 5/
Fiscal years;
and 19lt2.
3
3
U99
17
58
89
17
57
88
1,21*2
1
2,60ll
ll(9
llt7
3
197
198
6
2,895
3,099
3,255
19^5
502
758
802
679
191(6
1K)7
19't7
19lt8
360
301
173
231
1.7
1)07
61
362
73
Bi
5l»5
31lt
203
206
216
199
3't7
90
1(37
21(8
185
227
97
96.
193
229
207
860
2
71*5
k
13
861
750
786
25
&1
7
35
77
106
189
203
222
202
223
259
190
19'*1
igits
igw
19'*9
1950
1951
1952
502
760
2
9
19
33
811
698
1*0
20li
1,996
9
12
lU
21
21
3,58li
3,699
3,889
3,853
Calendar years
I9IH and 19112.
wita
I9W
773
595
325
3U2
19lt5
19U6
WliT
19U8
witg
1950
1951
1952
365
396
566
311
1*17
67
78
87
i2h
k6
93
100
217
146
Ik
6
6
U
AugUB t .
Septenber
October.
Rorember
December.
1*98
233
Man thai
1952-July
.
1953 -January.
•
503
7
85I1
35
77
1,569
2,278
2,793
2,969
3,162
3,505
3,615
3,895
3,853
3,809
1
185
196
211
189
206
237
169 p
ll
6
18
17
16
111
7
7
12
7
7
12
11.
12
16
16
111
15
15
111
12 P
6
1
lOli
7
U
12
17
22
22 P
16
15
3,81.9
3,838
3,829
3,822
3,813
3,809
p
lU p
2 P
3,310
Series J 6/
Fiscal year:
1952
21.
21.
21.
83
83
83
1952 -July
August. .
September.
9
11
9
9
11
9
33
,
October...
NoTsmber
December
.
10
9
11
10
9
11
63
72
83
.
16
16
98
Calendar yeari
1952
Months
.
.
1953 -January
.
Footnotes at and of Table
1..
(Continued on follovlng page)
1.1.
53
March
mj
31
.UNITED STATES SAVINGS BONDS,
Table 3.- &alee and Redemptions by PerlodSt Series E through K
(
Sales 2/
Accrued
dlSCOUDt
Bed empt Ions
Sales plus
accrued
dlecount
Series G
Fiscal yeara:
191*1 and 191*2
(Continued)
In minions of dollars
Sales
price
^
Accrued
discount
Amount outstanding (interestbearing debt)
..
,
Treasury Bulletin
32
.UNITED STATES SAVINGS BONDS.
Table 4.- Redemptions of Matured and Unmatured Savings Bonds
(In nllliana of dollars)
ttnmatuTsd bonds 2/
Matxired bonds 8/
Period 2/
Fiscal years I
1951
195a
Total
Total
matured
Series
A-D
For
cash
In exchange
for Series G
or K
Totea
unmatured
Sales
price
5.320
U,996
32lt
37
69"*
'',317
lt,0U6
271
l*,853
It,
583
It,
962
"1,879
'(,059
571
3,806
270
308
253
86
80
76
86
79
75
378
316
338
35't
21.
295
317
21
21
85
69
87
8*
69
86
3U
275
333
289
258
315
21
17
19
98
33''
317
18
6,137
5,109
817
792
779
90
38
702
5,81«D
987
772
1,015
987
522
U7
250
968
2lt.5
90
83
78
Calendar years 1
1930
1951
1952
5,651
5,07lt
Accrued
discount
Months:
195S-July
AUgUBt. .
September
. ,
October.
November
December
1953 -January .
1.68
399
1*17
.
1|22
88
71
88
.
1*35
101
.
.
398
3l»6
Sourcet Dally Treasury Statement.
A-D
1/ Details by series on a oumulatlTe basis and by periods for Series
Issues of the
ocmiblnwl will be found In the February 1952 and prevloua
"Treasury Bulletin".
bonds begin2/ Includes exchanges of matured Series E bonis for Series G
ning Hay 1951 and for Series K bonds beginning May 1952.
h.
Table
3/ Includes both matured and unmatured bonds) see
\J Sales began June 1, 1952.
2/
Sales were discontinued after April 30, 1952.
Sales began May 1, 1952.
Comparable data are not available prior to January 1950.
accrued
Of the total maturity value, 75* Is Issue price and 25* Is
discount.
InclialeB redemptions not yet classified.
Leas than $500,000.
Preliminary.
siatvh
my
33
.
TREASURY SAVINGS NOTES
Treasury tax and savings notes hare been Issued In
Tax Series A from August 1, 194l, through
June 22, 19l^3; Tax Series B from August 1, igltl, through
five series:
September 12,
191^2;
Savings Series C (originally designated
Tax Series C) from September
lit, igUS, throu^ August
31, 1948;
Savings Series D from September l.igUa, through May 14, I95I;
and Savings Series A beginning on May I5,
.
Issue. For details concerning terms and conditions,
invest-
ment yields, and tax payment or redemption values of
Series A and B, see "Annual Report of the Secretary of the
Treasury" for 1942, pages 20/ and 220, and for sales and
redemptions by fiscal years and months, see "Treasury
Bulletin" for February 1946, pages 42 and 43.
I95I.
concerning terms and conditions for purchase
and redemption and Investment yields of Savings Series A
appear In the June I95I Issue of the "Treasury Bulletin",
page A-1. Similar Information with respect to Savings Series D
Detail*
will be found In the October 191^8 and September 191^9 issues,
and with respect to Savings Series C In the October V)^
In the following tables sales and redemptions of
Treasury savings notes are shown at par value. Matured
notes redeemed (either for cash or for tax payment ) are
included In the figures on redemptions. Matured notes
outstanding are reflected in the interest-bearing debt
until all notes of the aeries have matured, trtien they are
transferred to matured debt upon which interest has ceased.
Table 1.- Sales and Redemptions by Series, Cumulative through January 1953
(In mllllonB of dollara)
3"^
Treasury Bulletin
.OWNERSHIP OF FEDERAL SECURITIES.
Table 1.- Dlstrlbutlon of Federal Securities by Classes of Investors and Types of Issues
tin millions of dollars
J
March
my
35
.OVWEFSHIP OF FEDERAL SECURITIES.
Table 3.- Bstimated Omershlp of Federal Securities
-
Treasury Bulletin
36
.TREASURY SURVEY OF OWHERSHIP, DECEMBER 31, 1952.
The Treasury Survey of Ownership covers securities
Issued by the United States Qovernment and by Federal
agencies. The banks and Insurance companies included
In the Survey account for approximately 95 percent of
such securities held by all banks and insurance companies
in
Data were first published for
the United States.
19'tl "Treasury Bulletin".
in
the
May
1941,
31,
Information on the distribution of ownership by types
of banks and insurance companies is published each month.
Additional information showing the holdings of commercial
banks distributed according to Federal Reserve member
bank classes and nonmember banks is published for June 30
and December
"il.
March
Section I.- Securities Issued or Guaranteed by the United States Government
Table 1.- Summary of All Securities
(Pax values
-
in mlllloaa of dollars)
March 191)
37
.TKEASUPY SURVEY OF OWNEPSHIP, DECEMBER 31, I952.
Section
I
-
Securities Issued or Guaranteed by the United States Government
Table 3.- Interest-Bearing Public Marketable Securities by Issues
Par values
-
In millions of dollars)
Held by investors covered in Treasury Survey
Isaue
(Tax atatus 8/ is ahovn In parenthesesj
Total
amount
outstand-
7,092
ing
commel*clal
banks 1/ 2/
U, S. Government
Insurance companies
527
mutual
savings
banks 1/
317
life
605 fire,
casualty,
and marine
Inveatanent
occo^intB and
Held by
all other
Investors
Federal Reserve
Banks
Treaaury bllla:
Beeular Series
Tax Anticipation Series
tajtable
17,208
't.505
4,998
2,050
126
(taxable)
450
14
108
11
1,427
11
10,099
2,419
21,713
7,047
137
464
119
1,427
12,518
2,067
1,529
1,196
19
12
6
4
124
'',963
51
2,882
129
65
3,715
1,162
210
2, 080
1
16,712
4,791
37
56
317
5,087
6,424
10,5)12
5,365
1,021
3,028
4,229
18
3
15
79
182
132
7,507
245
91
1,913
1,212
399
92
3,234
1,000
500
947
(
Total Treasury bills
Certificates of Indebtedness:
1-7/3? Fobruarj
1-7/8 JlJUe
August
1353-A
1?53-B
1953-C
2
(taxable)
(taxable
(taxable)
Total certificates of Indebtedness
2,939
1,404
Treasury notes:
2-\/S$ December
1-3/8 Mfiroh
1-1/2 March
1953-A
195t-A
1955-A
(taxable)
(taxable)
(taxable)
I-3A
1955-B
1956-EA
I956-BO
(taxable)
(taxable)
(taxable)
6,S5l>
2,573
1,007
550
6
42
(taxable)
(taxable)
531
742
27
30,266
10,955
49
(taxable)
(taxable)
(taxable)
7,986
510
5,325
4,136
348
3,798
72
7
65
1953-55
(taxable)
(taxable)
(partially)
1,501
8,662
725
1,018
6,009
676
1954-56
1955-60
1956-53
(partially)
(partially)
(taxable)
681
2,611
3
1
1,1019
590
1,893
1,150
33
10
2-lA September 1956-59
2-3A September 1956-59
3,322
982
927
35
24
106
«
*
67
466
59
376
1-1/S
1-1/2
1-1/2
1-1/2
December
April
October
April
October
1957-EA
1957-BO
Total Treasury notes
'*,675
30
1
6
500
714
1
486
13,739
4,978
217
15
165
861
8
462
2.692
132
1,332
1
Treasury bonds:
Bank eligible!
2lt
Septfflnber 1951-53
2
December
June
2
1951-55
1952-5't
2-l/li June
1952-55
2
195a-5't
2
December
June
2-lA June
2-7/8 Haroh
2-1/2 March
a
1
2-3/3 March
1957-59
(taxable)
(partially)
(taxable)
2-3/8 June
June
June
1958
1958-63
1959-62
(taxable)
(partially)
(taxable)
4,245
919
5,281
2,719
829
831
250
8
1,041
2-lA December
1959-62
1960-65
1962-67
(taxable)
(partially)
(taxable)
3,468
1,485
7,117
205
1,314
521
383
1
369
2-1/2 December 1963-68
2-1/2 September 1967-72
(taxable)
(taxable)
2,828
2,716
109
2,017
58,740
2-3/''
2-l/lt
2-3/lt
December
2-1/2 June
Total bank eligible
Bank restricted:
21
20
90
1
332
54
223
15
32
76
32
99
298
244
2,023
31'
70
21
568
197
60
5
339
675
281
103
40
491
581
832
41
1,960
32
1
36
357
361
30
139
259
1,433
136
473
721
116
549
12
260
30
356
127
"113
32,417
3,289
1,858
2.567
4,4o6
14,203
34
31
1,346
859
861
723
1,017
1,208
135
223
164
418
533
1,148
1,052
1,165
1,234
124
51
651
128
252
863
1,336
3,072
3
754
1
833
jj
2-1/2 June
2-1/2 December
2-1/2 March
1961»-69
1964-69
1965-7O
(taxable)
(taxable)
(taxable)
3,758
3,834
4,724
2-1/2 March
2-1/2 June
2-1/2 December
I966-7X
1967-72
I967-72
(taxable)
(taxable)
(taxable)
2,966
1,897
3,837
405
256
148
373
53
175
21,016
417
3.876
3,9't9
861
3,135
8,778
79.755
32,834
7,165
5,807
3.'t28
7, 5^1
22.980
Total bank restricted
Total Treasury bonds
Footnotes at end of Section II.
,
58
45
74
75
(Contlnoed on following page)
Treasury Bulletin
.TREASURY SURVEY OF OWKERSHIP. DECIMBER 31, 1952.
Section
I
-
Securities Issued or Guaranteed by the United States Government
Table 3.- Interest -Bearing Public Marketable Securities by Issues
-
(Continued)
39
Siittvh I9i)
.TREASURY SURVEY OF OWNERSHIP, DECSJfflER 31, 1952-
Section II
-
Intereet-BearliiK Securities Issued by Federal Agencies but
not Guaranteed by the United States Government
(Par values
-
In mlllloDS of dollaxs)
Treasury Bulletin
1+0
.TREASURY SURVEY
-
C0MME3«;iAL BANK OWNKFiSHIP, DBCEMBEF 31, 1952.
The tables which follow provide an analysle of the
security holdings of commercial banks reporting In the
Treasury survey of ownership of securities Issued by the
This analysis of commercial bank ownership was first
published In the May 1944 Issue of the "Treasury Bulletin",
United States Government and by Federal agencies. The
figures show the total holdings distributed according to
Federal Reserve member-bank classes and nonmember banks.
Section
I
-
based on the survey data for December 31, IS^J.
It has
appeared at semlannutd or quju-terly Intervale since that
time, and Is now being published for the June 30 and
December 3I survey data.
Interest-Bearing Securities Issued or Guaranteed by the United States Government
Table 1.- Summary of All Securities
(Ear values
-
In millions of dollars)
Siarch 195)
41
.TEEASUPY SURVEY
Section
I
-
COMMERCIAL BANK OWNERSHIP, DECEMBER 31, 1952,
Interest-Bearing Securities Issued or Guaranteed by the United States Government
Table 3.- Public Marketable Securities by Issues
(Par TQlues
-
In millions of dollars)
Treasury Bulletin
k2
.TREASUPY SURVEY
Section
I
-
COMMERCIAL BANK OWNERSHIP, DECEMBER 31, 1952,
Interest-Bearing Securities Issued or Guaranteed by the United States Government
Table 3.- Public Marketable Securities by Issues - (Continued)
(
Far valiies
-
In millions of dollars
starch 195)
^3
.TREASURY SURVEY
Section
II -
-
COtffiBCIAL BANK OWNERSHIP, DECBMBER 31, 1952.
Interest-Bearing Securities Issued by Federal Agencies but
not Guaranteed by the United States Government
(Par valuea
-
In
miUions of dollars)
Treasury Bulletin
1^1^
.MARKET QTOTATIONS, JANUARY 30, 1953.
Current market quotations shown here are over-thecounter closing quotations In the New York market for
the last trading day of the month,
as reported to the
Treasury by the Federal Reserve Bank of New York.
The
securities listed In Section I Include all public
marketable securities issued or guaranteed by the
United States Government except those not regularly
quoted In the market.
The Issues excluded are postal
savings bonds and Federal Housing Administration
Section
I
-
debentures.
The latter are the only public marketable
Interest-bearing guaranteed securities outstanding.
Section II lists the public marketable securities
Issued by Federal agencies but not guaranteed by the
United States Government. Dally quotations have been
published each month In the Treasury Department statement, "Prices and Yields of Public Marketable Securities
Issued by the United States Goveranent ahd by Federal
Agencies".
Securities Issued or Guaranteed by the United States Government
Table 1.- Treasury Bills (Taxable)
Amount
^5
March 195)
,
Section
I
-
MAEKET QUOTATIONS, JANUAEY 30, 1953.
Securities Issued or Guaranteed by the United States Government
Table 3.- Other Taxable Issues - (Continued)
(Price dectmale are 32ndB)
Treasury Bulletin
46
.MAEKET QUOTATIONS, JANUARY 30, 1953.
Section II - Securities Issued by Federal Agencies but not Guaranteed by the United States Government
Table 2.- Other Issues (Taxablel
(Price decljiials are 32Qds)
Paaovait
Price range kj
outstcmdIsg
(millions
Chanse
Description
In
Bldi
mean
Ask
frcoB
last
TftfTn
To
first
call
Change
from
last
month
Issue
date
Since first traded
In 1952-53
High
High
Price
*n
Date
Price
Itlce
Sate
Date
Central Ban3c for CooperatlTes debenturee
$30
ko
UO
13/
1-5/8*
2-1/8
2-1/2
2-5/8
-
2/1/53
.,
6/1^63
6/1,
99.26
6/1/^
99.2'*
99.2lt
.
2/lA
-
100.02
100.00
99.30
99.30
99.28
99.27
99.31
99.31
100.00
99.31
99.31
100.01
100.01
100.02
100.01
100.01
100.00
100.00
100.01
100.00
100.00
99.00
99.08
99.30
99.30
95.18
99 .2"*
99.10
99.0"*
^
2/1/50
2.33:
.11*
6/2^
2.63
2.75
.05
10/1/51
2/2/53
+.oii
+.01J
+.01
+.oii
+.oii
2.00
2.01
2.18
-.31*
+.02
-.01
+.02
+.02
100.06
100.00
100.13
99.27
1/12/50
5/28/52
5/8/32
1/30/53
98.20
99.27
99.2"*
99.27
8/3/51
99.31
1/26/52 100.00
12/28/51 100.13
1/30/53 99.27
10/9/52 99.00
5/2r99.27
5/28/:
5/8/52 99.26
1/30/53 99.27
12/
1/27/53
1/30/53
Federal Hcone Loan Ban^ notes i
2*
-
67
2
-
2/16/53-A
2/16/53-B
76
90
2.30
2.20
2.30
-
'*/l5/53-0
-
5/15/53-D
8/17/53-E
75
ll»0
Federal Land
111*
72
100
215
230
131
i
1/
Ban]£
11/1/5"*
11/1/5"*
I-3A
10/1/55- 57
2-3A
2/1/53-55 15/
5/1/58
2.21*
U/17/52
2.31
-.07
11/17/52
2.70 1/
2.59
2.59
2.80 1/
2.75
2.92
-.02
+.02
100.02 5/22/52
100.00 1/30/53
100.02 11/10/52
100.00 1/30/53
100.00 1/30/53
9/17/52
9/17/52
1/27/53
1/2/53
1/26/53
100.02 5/22/52
100.00 1/30/53
100.02 u/10/52
100.00 1/30/53
100.00 1/30/53
9/17/52
9/17/52
1/27/53
1/2/53
1/26/53
hands:
2-1 A*
2-1/2
2-1/2
2-5/8
5/15/52
6/13/52
8/15/52
-.33
-.13
-.11
99.21*
99 .2"*
95.10
99.16
99.00
99.27
99.27
.00
95.11*
+.02
99.20
99.05
+.01
-.03
.00
.00
.00
+.02
Tai Antlolpatlon Series
Quoted on a prloe basis begljinlng January 28, 1953.
8/
EScceee of price over yield price.
Prices are the mesc of closing bid and aak luotatlcoia In the over-thecounter marlcet, except that prices of Treasury bands for the period
prior to October 1, 1939| are closlne prices on the Now York Stock
Exchange. "When Issued" prices are Included In hlatoiy beginning
October 1, 1939* Dates of hl^hs and love. In case of recurrence, are
the latest dates.
Hot called for redemrptlon on March 15, 1953. Will mature on
September 15. 1953.
Callable on 4 months* notice on June 15, 1953*
Yield to matmrlty. Market convontlon treats the yield to earliest call
i5/
date as more significant vhen an Issue Is selling above par; the yield to
2/1A5 105.31 3/12A6 99.00
11/1/51
1/2/53
IO/1A9
5/1/52
1/2/63
100.21*
l*/2l/52 99.21
99.31 12/23/52 99.25
100.12 9/22A9 91*. 26
100.17 5/19/52 99.17
99.16 12/11/52 98.30
12/26/32 100.01* 5/28/52 99.00
12/28/51 100.21* l*/2l/52 99.21*
1/27/53 99.31 12/23/52 99.25
12/28/51 97.05 5/27/5i! 91*. 30
12/12/52 100.17 5/19/52 99.17
1/19/53 99.16 12/11/52 98.30
12/26/52
12/10/52
1/27/53
1/2/52
12/12/52
1/19/53
maturity as more significant whan an Issue Is selling at or below par.
Included in the arerage yield of long-term taxable Treasury bonds as
shown under "Yields of Treasury and Corporate Bands'*
For definition, see "Debt Outstanding", Table 3, footnote 1.
All partially taz-exancpt except Panama Canal bonds, which are vhcUy taxexempt.
Not quoted an January 30, 1953.
Amount issued on February 2, 1953, ^ob $103 mlHion.
Amount issued on February 2, 1953, was $30 nillllon.
Excludes issues completely held by Farm Credit Admlnistratlaa agenolaa.
The proprietaiy Interest of the United States in the Federal land banks
ended on J^e 26, I9U7.
Callable on I5 days' notice on August 1, 1953*
March 195J
^7
.MAPKET QUDTATIOHS, JAHUARlf 30, 1953.
YIELDS OF TAXABLE TREASURY SECURITIES, JAN.
Based on Mean
of Closing Bid
and Ask Quotations
30, 1953
Treasury Bulletin
hS
_YIEtDS OF TREASURY AND CORPORATE BONDS.
Table 1.- Average Yields of Long-Term Bonds by Periods
(Percent per azmum)
Treasury bonde
preaeury bonda
Partlaliy
Taxable
tax-exenpt
1/
1/
grade
corporate
bcadB
Period
Annual eerlee
-
19"^.
1943.
2.61
.19
.27
,12
2.1(1
.92
19115.
19lt6.
2.7l>
2.26
,77
2.05
2.09
1.98
1.92
1.66 1/
Monthly eerlee
2.55
,1*2
2.71*
May..
June.
2.30
2.31
2.33
July.
Aug..
Sept.
2.31*
2.33
2.36
2.57
2.57
2.59
2.61
2.58
2.62
2 .85
2 .86
2 .81
Oct..
Hot..
2.38
2.38
2.39
2.65 1/
2.66
2.66
2.73
2.73
2.39
2.61*
2.1*0
2.66
2.78
2.73
2.80
Oct
Hot
Deo
,1*5
.1*5
,1*5
,1*1*
,1*1*
2 ,86
2 .85
Dec
19119 -Jan....,
2.1*2
Feb
Mar
2.39
2.38
2.71
1951 -Jan..
Feb..
Mar..
Apr
May
June ...
2.38
2.38
2.38
2.70
2.71
2.72
Apr..
May..
June.
2.56
2.63
2.65
2.88
2.89
2.95
July...
Aug
Sept. .
2.27
July.
Aug..
Sept.
2.93
2.22
2.66
2.60
2.59
2.63
2.21*
2.57
2.56
2.86
2.85
Oct
Not ....
Dec ....
2.22
2.20
2.19
2.59
2.56
2.55 2/
Oct..
Hot..
2.61
2.66
2.70
2.92
2.98
3.03
Weeldy series
1952 -Aug.
2
9
16
23
30
Sept. 6
13
20
27
2.1*7
Dec.
-
aTerages of dally aeries for weeks ending
2.63
2.69
2.72
2.69
2.70
2.96
2.96
2.97
2.97
2.97
1952 -Oct.
2.67
2.69
2.71
2.75
2.96
2.96
2.97
3.02
Hot.
3...
10...
17...
21*...
31...
7...
11*...
21...
28...
191*8.
aTerages of dally aeries
2.27
,1*1*
. . .
1950.
1951.
1952.
2.1*1*
^r..
,1*1
.
191*9.
2.60
2.5*
2.77
July...,
Aug
Sept.
.
191*7.
2.81
.1*1*
tax-exeiqit
2.61*
2.51*
2.1*1*
.
2.37
2.19
2.78
Partlallj
1/
2.67
2.75
2.51*
2.81*
.
2.1*7
2.1*8
2.2l*
2.85
2.1.5
.
-
2.I16
2.20
2.1*5
Feb
Mar
Period
boadjs
1950-Jan.
Feb..
Mar..
19118 -Jan
Apr
Ha;
Jime .
Taxablo
1/
TreaetOT' bonds
Hlghgrade
oorporate
oalexblar year areragee of nonthly aerlea
M
2.79
2.69
1935
1936
1937
1936
1939
19W>
Partially
tax-exempt
1/
1952 -Jan..
Feb..
Mar..
Apr.
May..
June.
July.
Aug..
Sept.
Oct..
Rot.
.
Dec
1953 -Jan.
Taxable
1/
Highgrade
corporate
bonds
AVERAGE YIELDS OF LONG-TERM TREASURY AND CORPORATE BONDS
Monthly Series27
O ffice of the Secretary of the Treasury
F-220-K
Treasury Bulletin
50
.INTERNAL REVHIUE COLLECTIONS.
Table 1.- Summary by Principal Sources^
(In thousands of dollars)
Fiscal year
or month
194
194
194
194
194
194
194
194
195
195
195
2
3
4
5
6
7
8
9
0
1
2
1952-January..
February.
March....
April....
May....
June...
July...
August...
September
October..
November.
December.
Total re
ceipts from
Internal
revenue
(Daily
Treasury
Statement)
Individual income tax and employment taxes
Adjustment of
collections
to Daily
Treasury
Statement
Total
internal
revenue
collections
Corporation
income and
profits
taxes 2/
12,993,118
22,143,969
41,684,987
43,902,002
40,310,333
39,379,409
41,853,485
40,307,285
39,448,607
51,106,095
65,634,894
-36,797
-224,755
+1,565,477
+101,664
-361,589
+871,136
-11,051
-155,834
+491,482
+660,409
+625,502
13,029,915
22,368,724
40,119,510
43,800,338
40,671,922
39,108,273
41,864,536
40,463,119
38,957,126
50,445,686
65,009,393
4,744,083
9,668,956
14,766,796
16,027,213
12,553,602
4,769,509
6,062,723
10,640,963
5 ,034,852
4,490,907
9,992,383
3,413,233
4,408,351
6,710,598
3,150,106
4,512,766
5,962,982
-43,595
-908,271
+1 ,107,122
4,813,105
6,970,994
9,533,841
+7,401
-939,910
+1,199,593
-430,755
-988,280
+1,432,218
-550,7*1
-833,043
+1,595,082
5,027,451
5,430,817
8,792,790
3 ,843,988
5,396,631
5,278,380
3,700,847
5,345,808
4,367,900
807,468
310,611
5,912,713
1,277,897
350,539
5,659,129
957,770
356,938
2,441,771
927,471
352,262
2 , 785,165
9,676,757
10,174,410
11,553,669
10,854,351
14,387,569
21,466,910
Total
Individual
insane tax
not vithheld 2/
4,448,162
8,128,637
19,999,378
20,813,491
20,405,364
21,367,662
23,379,123
20,527,935
19,797,883
26,624,788
33,738,370
3 ,262,800
5,943,917
10,437,570
8,770,094
8,846,947
9,501,015
9,464,204
7,996,320
7,264,332
9,907,539
11,3*5,060
3,177,845
5,840,010
2 ,789,962
2,920,520
4,250,496
2 ,281,619
2,329,955
1,464,298
2,133,195
1,939,176
4,190,037
1 ,969,674
1,805,486
4,148,417
642,652
Individual
income tax
withheld 4/
Old-age
Insurance
taxes 4J
Railroad
retire
ment
Unemploy
ment
insurance
170,409
211,151
265,011
284,758
284,258
379,555
560,113
562,734
5*8,038
579,778
620,622
119,617
156,008
183,337
186,489
178,745
185,876
208,508
226,228
223,135
236,952
259,616
3,877
*2,713
106,72*
3,544
58,605
94,986
29,782
160,969
13,488
1 ,583,272
221,446
1,477,728
814,231
4,172,031
536,555
1 ,330,292
3,955,469
706,625
393,125
93,368
1,652,593
164,390
108,607
357,574
1,538,781
4,012,275
231,7**
1,633,657
3,967,879
190, 06*
3,026
69,755
84,574
686,015
7,823,435
10,264,219
9,857,589
9,842,282
11,533,577
10,055,502
9,888,976
13,089,769
17,929,047
895,336
1,131,546
1 ,290,025
1,307,931
1,237,825
1,458,934
1,612,721
1,687,151
1,873,401
2,310,750
3,584,026
Q3 *22?
58,282
94,209
3,412
14,976
2,279
4,243
14,639
763
4,147
13,6*9
806
Miscellaneous internal revenue
Fiscal year
or month
194 2
194 3
19**........
19*5........
1946........
19^7........
194 8
194 9
195 0
195 1
195 2
1952-January...
February..
March...
April...
May.....
June....
July....
August....
September.
October...
November..
December..
Total
miscellaneous
internal
revenue
Capital
stock,
tax
Estate and
gift taxes
Liquor
taxes
Tobacco
taxes
Stamp
taxes
79,978
79,466
72,828
84,648
93,107
84,995
400,505
732,335
1,075,402
1,430,428
1,489,929
1,550,842
1,655,711
1,752,792
1,720,998
1,842,598
1,947,276
152,924
122,996
123,586
6,711
5,674
5,762
236,183
261,563
.228,170
170,350
153,714
156,680
134,694
134,465
148,155
140,304
1^9,133
147,064
5,707
11,481
5,866
5,989
6,333
10.676
156,530
127,176
124,808
5,752
10,626
5,812
281,900
328,795
380,702
371,999
352,121
*32,540
447,496
511,210
643,055
676,832
1,048,165
1,423,480
1 ,618,045
2,309,864
2,526,162
780,792
923,857
988,483
932,145
1 ,165,519
41,702
45,155
50,800
65,528
87.676
1,597
1,723
6,138
266
-
779,291
899,345
796,538
706,226
729,730
833,147
2,474,756'
2,255,320
2,210,601
2,219,196
2,546,807
2,549,088
1 ,237,768
1 ,300,280
1 ,321,875
1,328,464
1,380,396
1 ,565,162
827,791
820,372
831,166
829,034
829,782
852.042
947.042
849,655
866,935
967,891
845,129
940,083
-
64,563
66,192
113,394
197,060
210,234
203,574
210,411
203,693
220,085
245,539
205,189
257,502
-
-
-
87,519
80,060
47,765
83,553
69,801
58,982
56,634
50,519
70,181
Sources Dally Treasury Statement for total receipts from internal revenue;
reports by the Bureau of Internal Revenue for collections by type of
tax. Detail by type of tax is available only on a collection basis.
Receipts on the Dally Treasury Statoaent basis are compiled from the
latest daily reports frcn Government depositaries; they do not coincide
with amounts reported by the Bureau because of the lag in deposits of
collections and because certain taxes are paid directly into the
depositaries.
1/ Excludes collections far credit to certain trust accounts for island
possessions; includes corporation Income tax on Alaska Railroad (re
pealed by Public Ltat 386, approved June 10, 1952, for taxable years
ending after that date).
2/ Includes excess profits taxes formerly shown separately as follow:
unjust enrichment through 19*7 (thereafter these collections are in
cluded under "Miscellaneous taxes"); declared value (repealed for
years ending after June 30, 1946); Excess Profits Tax Act of 1940
a s
220,197
Miscel
laneous
taxes
852,065
670,012
728,694
1 ,206,616
1,414,717
1,939,621
2,119,157
2,220,7*4
2,245,182
2,840,690
2,8e*,*44
3,837,670
4,571,131
5,353,336
6,959,634
7,712,956
8,063,854
8,311,003
8,381,515
8,304,392
9,433,328
9,804,112
-
Manufacturers'
and
retailers'
excise taxes
239,073
242,988
273,081
267,765
252,931
223,3*0
248,432
267,606
312,925
151,629
157,095
157,090
203,892
166,268
169,371
215,492
120,663
206,161
(Title n of the Second Revenue Act of 1940, which was repealed for
years ending after December 31, 1945). Includes also excess profits
taxes on Army
Navy contracts under the Vinson Act as amended
(34 U.S.C. 496) and income tax on business income of exempt organiza
tions, Imposed by the Revenue Act of 1951, approved October 20, 1951*
l/ Monthly figures Include old-age Insurance tax an self-employment
Income, which is levied and collected as part of the individual income
tax beginning with the taxable year 1951. Fiscal year figures exclude
this tax, on the basis of estimates beginning 1952, end it is included
under "Old-age Insurance taxes".
4/ Withheld income tax and old-age insurance taxes on employers and em
ployees are paid into the Treasury in combined amounts beginning
January 1951, so that current collections are not separable as to type
of tax. For fiscal years beginning 1951, the breakdown is estimated.
5/ Repealed for years ending after June 30, 1945. Beginning July 195°,
included under "Miscellaneous taxes".
March 195J
5i
INTERNAL REVENUE COLLECTIONS.
INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES
DOLLARS^
Billions
DOLLARS
Billions
_______■ ■
1938
'40
’42
’44
Office of the Secretory of the Treosury.
’46
’48
’50
’52
1938
’40
’42
i
I I I I I I I I
’44
’46
’48
’50
e
’52
B -165 -N
Treasury Bulletin
52
.INTERHAL REVENUE COLLECTIONS.
Table 2.- Detail of Collections by Type of Tax -l/
(In thousands of dollars)
Fiscal year
First 6 months of
fiscal year
Sixth month of
fiscal year
Type of tax
1952
(December 1951)
1953
(December 1952)
7,821,377
2,648,691
2,785,165
2 ,335,166
9 ,797,869
310,173
3*,709
2 ,769,656
11,57*,*01
313,137
38,2*7
309,629
274,604
84,482
1*7
357,57*
190,06*
9*,209
806
33,738,370
12,*77,917
1*,695,**2
668,862
642,652
638,523
750,591
364,621
382,570
76,008
69,157
91,207
82,556
9,035
7,098
610
1,024
172,362
1,574,*72
38,053
3,738
63,516
187,479
1,402,220
31,812
3,753
68,621
103,811
7*5,0*8
18,109
2,195
33,204
111,288
860,355
17,*57
2,25*
39,068
20,795
108,388
2,58*
565
6,321
25,930
120,5*3
2,572
586
7,363
9,161
12
1,090
14,921
12
665,009
4,462
15,249
28
1,285
12,080
99,262
722,150
5,148
10,646
17
714
6,619
18,633
361,478
3,556
12,200
13
*77
7,025
27,57*
400,447
3,857
2,176
2
85
843
12,267
52,925
267
189
2
-429
1,473
126
61,779
____ 63_
Total liquor taxes.................................
2,546,807
2,549,088
1,304,029
1,482,016
207,216
220,197
Tobacco taxes:
Cigars (large)............ .
Cigars (small)..............
Cigarettes (large)..........
Cigarettes (small)..........
Snuff.....................
Tobacco (chewing and smoking)...
Cigarette papers and tubes....
Leaf dealer penalties, etc....
Cigarette and cigar floor taxes.
44,220
56
7
1,293,966
7,235
33,870
l,o4i
l
l
44,760
50
12
1,474,060
*,796
22,817
913
2
17,752
22,728
2*
4
70*,643
2,759
13,899
5H
1
3,774
23,698
25
5
810,169
1,844
8,712
37*
1
187
2,776
2
1
94,125
331
1,107
69
2,675
3,295
4
1
119,788
322
1,177
47
•
174
1 ,380,396
1,565,162
7*8,3*3
845,015
101,086
124,808
84,784
8,222
100
77,556
7,353
86
*0,127
3,5*8
5*
*1,273
3,89*
22
6,215
511
__ 3_
5,137
672
__ 3_
93,107
84,995
*3,729
45,188
6,729
5,812
97,238
569,048
198,383
121,285
653,363
119,475
93,184
121,996
30,284
128,187
7,007
10,756
95,286
713,174
161,362
147,445
578,149
164,135
53,094
89,544
30,736
118,244
6,880
9,*12
*1,531
335,526
85.536
58,683
286,57*
67.537
*7,*88
*1,801
12,042
51,320
*,696
*,553
38,53*
*73,890
88,684
99,076
310,278
90,759
6,103
53,149
14,091
12,157
66,298
18,759
6,160
7,979
1,036
13,72*
645
1,055
6.939
76,366
18,218
23,602
67,604
18,373
96,319
10,169
44,491
46,020
57,970
8,032
*8,515
33,766
16,501
10,679
1,172
____
28,278
*,021
22,891
22,699
10,636
6,155
646
6
*0,537
4,688
25,727
14,*56
7,3*8
7,181
*71
6,062
2 , 3*8, 91*
1 ,132,618
1 ,352,810
1951
1952
1952
Corporation Income and profits taxes 2/.
1*,387,569
21,466,910
7 ,1*8 ,55*
Individual Income tax and icplojrmant taxes:
Tnrire tax not withheld ± / ..... ..........
Incase tax withheld and old-age Insurance 4/.
Railroad retirement....................
Unemployment insurance.......................
9,907,539
15,900,519
579,778
236,952
11,545,060
21,313,072
620,622
259,616
26,624,788
Total Individual lnccae tax end employment taxes.
Miscellaneous Internal revenue:
Estate tax.
Gift tax...
Liquor taxes:
Distilled spirits (Imported, excise)...............
Distilled spirits (domestic, excise)...............
Distilled spirits, rectification tax...............
Vines, cordials, etc. (Imported, excise).............
Wines, cordials, etc. (domestic, excise)........... .
Dealers In distilled spirits; rectifiers; manufacturers
of stills (special taxes).......................
Stamps for distilled spirits Intended for export......
Case stamps for distilled spirits bottled In bond.....
Container stamps................................
Floor taxes....................................
Fermented malt liquors...........................
Brewers; dealers in malt liquors (special taxes)......
Total tobacco taxes.
Stamp taxes:
Bends, Issues and transfers of capital stock, deeds of
conveyance, etc..............................
Playing cards...............................
Sliver bullion sales or transfers..................
Total stamp taxes.
Manufacturers* excise taxes:
Lubricating oils........................ .
Gasoline..............................!!!!!!
Tires and tubes........................
Automobile trucks and busses...
Other automobiles and motorcycles............. ......
Parts and accessories for automobiles........ !!!!!!!!!!
Electrical energy j/.......... ........... ....."
Electric, gas, and oil appliances............!!!!!!!!!
Electric light bulbs and tubes........... ..!!!!
Radio sets, phonographs, television seta, components," etc!
Phonograph records..........................
Musical instruments..... ............ .....
Mechanical refrigerators, alr-condltloners" quick-freeze""
units, etc..............................
Matches........................... !!!!!!!!!!!!!!!!!
Business and store machines................ )
Photographic apparatus..................... "_
Sporting goods......................... .!!!!!
Firearms, shells, and cartridges....................,
Pistols and revolvers..................... .”
Mechanical pencils, pens, aai lighters 6/.” ” ” ” ” ” ’*]’
Total manufacturers' excise taxes.
Footnotes at and of tablo.
17,862
17,846
762
2,383,677
(Continued on following page)
1953
52,757
16,392
67,555
2,980
5,*37
3,150
780
3,869
3,389
3,63*
559
118
_____ 6_
216,661
11,853
3,333
18,635
626
1,166
7,019
767
5,107
2,501
1,031
856
95
1,886
265,977
.INTERMAL REVENUE COLLECTIONS
Table 2.- Detail of Collections by Type of Tax
j
j
.
(Continued)
(in thousands of dollars)
Fiscal year
Type of tax
First 6 months of
fiscal year
Sixth month of
fiscal year
1952
1953
(December 1951) (December 1952)
1951
1952
57,60k
210,239
82,831
106,339
51,k36
220,k03
90,799
112,892
20,609
95,k03
k0 ,6k5
5k, 110
20,822
102,lk5
k3 ,7k2
53,k8l
6,52k
16,871
6,759
8,97k
7,259
21,217
S,0k0
10,k32
k57,013
k75,530
210,767
220,189
39,128
k6,9k8
80,192
35k, 660
290,320
2k,9k6
237,617
381,3k2
9,569
3k6,k92
k2,6k6
30,120
3,610
20,731
78,k73
395,k3k
310,337
26,881
275,17k
388,589
10,211
330,782
k5,k89
33,592
3,597
18,823
k2,759
197,k92
lk5,362
12,925
lk2 ,26k
198,560
k,905
189,225
23,k27
15,068
3,017
16,651
k3,601
215,998
182,k3k
lk, 182
152,352
211,576
5,308
173,828
23,896
17,081
2,922
lk,5k3
6,29k
28,385
21,12k
1,531
17,572
29,8k6
701
26,182
3 ,k82
2,lk5
60
1,87k
7,812
k9,300
k2,983
-k35
25,165
kl,300
7kl
27,160
k,392
2,783
69
283
11
866
19,088
9
381
k
915
15,205
29
7,138
5,3^5
1,261
2
399
7,828
k
180
583
132
2
klk
9,777
5
7,725
5,723
k8l
#
k9
1,168
•
176
557
-6
l,8k2,598
l,9k7,276
1 ,000,78k
l,08l,8k8
lkl.lko
206,161
9,k33,328
9 ,80k, 112
k,813,925
5,kl6,735
788,578
9kO,o83
50,kk5,686
65,009,393
2k,kk0,395
27,933,55k
k,106,130
k,367,900
+660,k09
+625,502
•*203,162
+22k,k8l
+1,315,233
+1,595,082
Total receipts from internal revenue (Daily Treasury Statement). 51,106,095
65,63k,89k
2k,6k3,558
28,158,035
5,k21,363
5 ,962,982
Source: Dally Treasury Statement for total receipts from internal revenue;
reporta by the Bureau of Internal Revenue for collections by type of
tax. Detail by type of tax is available only on a collection basis.
Receipts on the Dally Treasury Statement basis are compiled from the
latest daily reports from Government depositaries; they do not coincide
with amounts reported by the Bureau because of the lag in deposits of
collections and because certain taxes are paid directly Into the
depositaries.
1/ Excludes collections for credit to certain trust accounts for island
possessions; includes corporation income tax on Alaska Railroad
(repealed by Public Law 386, approved June 10, 1952, for taxable
years ending after that date).
2/ Includes excess profits taxes on Army and Navy contracts Imposed by
the Vinson Act as amended (3k U.S.C. k96), and Income tax on business
Income of exempt organizations, Imposed by the Revenue Act of 1951,
approved October 20, 1951.
.
Includes old-age Insurance tax on self-employment income, imposed by
the Social Security Act Amendments of 1950 (Public Law 73k), approved
August 28, 1950. The tax is levied and collected as part of the
Individual income tax beginning with the taxable year 1951* For
estimated fiscal year breakdown, see Table 1.
k/ Beginning January 1951, withheld income tax and social security
employment taxes on employers and employees are paid into the
Treasury in combined amounts without separation as to type of tax,
pursuant to the Social Security Act Amendments of 1950. For estimated
fiscal year breakdown, see Table 1.
5/ Repealed, effective November 1, 1951, by Revenue Act of 1951. Be
ginning July 1952, included with other repealed taxes under "Miscel
laneous taxes".
6/ Effective November 1, 1951, under Revenue Act of 1951.
j j Applies to diesel oil used in highway vehicles; effective November 1,
1951, under Revenue Act of 1951.
* Less than $500.
1952
1953
Miscellaneous internal revenue (continued):
Retailers' excise taxes:
Miscellaneous taxes:
Telephone, telegraph, radio, and cable facilities.....
Transportation of oil by pipe line.............. .
Adulterated and process or renovated butter, and filled
Diesel oil j j ....................................
-
All other, including repealed taxes not shown separately
Total miscellaneous internal revenue...................
Total internal revalue collections....... ...... ...........
71
2,316
l,k60
916
-15k
Treasury Bulletin
_______ MO H E T A RY S T A T I S T I C S _______
Table !•- Money In Circulation
(In mUllcna of dollars except as noted)
Paper money
Bad of fiscal
year or month
Total
money in
circula
tion i/
Total
paper
money
Gold
certif
icates
2/
Silver
certif
icates
Treasury
notes
of 1890
1/
1
1
1
120
11*
106
99
93
86
81
77
1
316
2*,807
232
79
315
316
318
317
322
31*
305
2*,580
2*,870
2*,971
25,18*
25,733
25,9*1
25,335
218
217
215
21*
212
210
208
77
77
76
76
76
75
75
52
50
*8
*5
*3
*1
39
38
1,651
2,025
2,061
2,061
2,061
1
1
1
1
1
2,177
2,092
2,088
1951-December...........
29,206
27,532
38
2,079
1952-July...............
28,978
29,293
29,*19
29,6**
30,236
30,*33
29,690
27,292
27,598
27,71*
27,922
28,*97
28,683
27,968
38
38
37
37
37
37
37
1
1
X
1
1
1
1
Coin
Total
coin
Standard
silver
dollars
Rational
bank
notes
*/
527
*6*
*06
353
309
27*
2*3
221
25,5*1
26,9*5
26,9*2
26,482
26,03*
25,661
26,231
27,3*8
Kid of flsoal
year or month
Federal
Beserve
Bank
notes
*/
22,867
23,973
23,999
23,600
23,209
22,760
23,*56
2*,605
26,7*6
28,2*5
28,297
27,903
27,*93
27,156
27,809
29,026
1953-January p...........
Federal
Reserve
notes
323
317
320
321
319
321
318
318
19*5...................
19*6...................
19*7...................
19*8...................
19*9...................
1950...................
1971...................
1952...................
2,063
2,080
2,095
2,093
2,115
2,105
2,006
United
States
notes
Subsidiary
silver
Minor
coin
Money in
circulation
per capita
(in dollars) 2/
19*5....................
19*6....................
19*7....................
19*8....................
19*9....................
1950....................
1951....................
1952....................
1,205
1,300
1,355
1,*21
1,*59
1,*96
1,578
1,678
125
1*0
1*8
156
16*
170
180
191
788
8*3
876
919
9*0
965
1,020
1,093
292
317
331
3*6
355
361
378
393
191.61
199.76
196.33
190.31
18*.33
179,03
180.17
18*.86
1951-Dacamber............
1,65*
189
1,073
392
187-52
1952-July...............
1,686
1,695
1,705
193
195
196
1,097
1,102
1,108
396
398
*01
1,722
1,739
1,750
1,722
197
197
199
198
1,121
1,135
1 ,1*1
1,117
*0*
*07
*10
*06
18*.26
185.98
186.*7
187.61
191.09
192.08
187.13
Sourcet Circulation Statcant of Halted States Money.
l/ Kxolndee money held 'kj the Treasury, money held by or for the account
of the Federal Reserve Banks and agents, and coin estimated, to he
held outalde the continental 11*1ts of the United States. inclines
paper currency held outalde the continental Units of the Hi1ted States.
2/ Gold certificates were withdrawn frc« circulation in 1933.
3/ Treasury notes of 1090 In circulation are being canceled and retired
upon receipt by the Treasury.
*/ Federal Reserve Bank notes and national bank notes are covered by
deposlta of lawful money and are In process of retirement.
2/ Baaed on latest population estimates by the Bureau of the Census,
p Preliminary.
March l%y
55
.MOHETAFY STATISTICS
.
Table 2.- Monetary Stocks of Gold and Silver
(Dollar amounts In mllllonB)
Sold
End of fiscal
year or month
igltj
20,213.0
20,269.9
21,266.5
23,532.5
ISkk
i.9^1
191*8
19't9
Ratio of allrer
to gold and
silver In
monetary etocks
( In percent)
Silver
($1.29+ per
fine ounce)
(»35 per
fine ounce)
2l.,U66.3
2lt,230.7
3,685.8
15.1*
3,508.l>
H.8
3,525.7
3,571.0
3,618.3
1A.S
13.2
12.9
1950
1951
1952
23,3'»6.5
3,671.5
3,718.5
3,768.5
13.2
Ht.6
13.9
1951-Dec ember,
22,695.5
3,71*1.3
lU.2
1952 -July
Augus t .
September.
23,350.5
23,3Wi.U
23,3112.0
3,773.3
3,777.8
3,781.2
13.9
33.9
13.9
23,339.3
23,337.5
23,187.1
3,785.1*
llt.O
3,789.1
11*.
3,79l*-l
lU.l
22,985.6
3,796.1
11*
21,755.9
.
.
Oc tober .
November.
December.
.
1953 -January p.
Source: Circulation Statement of U. S. Money; Dally Treesury Statement for
preliminary figures. For detail of silver monetary stock, see Table 1*.
p
.2
Preliminary.
Table 3.- Gold Assets and Liabilities of the Treasury
(
In mlllioQB of dollars
Llabllltlea
of calendar
yoar or month
Jtod
Gold assets
Gold certificates 1/
20,061*.
191*5
191*6
17, 911*.
18,1*30.5
191*7
20,529.0
22,753.9
191*8
21*, 21*3 .9
191*9
21*, 1*27.1
1950
1951
1952
22,706.1
22,695.5
23,187.1
21,1*97.5
23,350.5
22, 181*.
23,31*1*
22,181*.
22,a81i.3
1952 -July
Augimt.
,
.
September
October. .
November .
December.
1953 -January p.
.1*
23,31*2.0
23,339.3
23,337.5
23,187.1
22,985.6
Source: Circulation Statement of U. S. Money; Dolly Treaaxn^y Statement for
preliminary figures
1/ Comprises (1) gold certificates held by the public and in Federal Eeeerve
Banks; and (2) gold certificate credite in (a) the gold certificate fund -
21,5W*.0
23,010.0
23,217.9
21,506.5
22,022.8
22,176.8
22,182.3
22,022.8
21,827.'*
2/
y
p
Gold reserve
against U. S.
notes, etc. 2/
156.0
156.0
156.0
156.0
156.0
Exchange
StabUizatioD
Fund
y
1,800.0
1,800.0
Gold in
GenercLl Fund
191*.
11*2.1*
1,053.9
1,077.9
1,053.2
156.0
156.0
156.0
1,052.6
1,032.9
1,008.2
156.0
156.0
156.0
1,010.1*
l.OOlt.l
156.0
156.0
156.0
156.0
1,006.5
999.2
1,008.2
1,002.2
1,001.7
Board of Governors, Federal Reserve System, and (b) the
redemption fund - Federal Reserve notes.
Reserve sgainst Ubitad States notes and Treasury notes of I89O.
Excludes gold in active portion of Exchange Stabilization Fund,
Preliminary
Treasury Bulletin
56
.MONETARY STATISTICS.
Table 4.- Components of Silver Monetary Stock
(In millions of doHare)
Silver held In Treasury
End of calendar
year or month
Securing Bllvar certiflcatee l/
Silver
bullion 2/
19U6
l?"*?
191*8
19't9
1952 -July
Al^ust.
September
.
Oc tober
.
.
NoTember .
December.
1953-J«iuary p
Bullion for
recolnage kj
10.2
ll*.0
13.1
5.9
ll.U
2,073.5
2,109.7
337.2
328.1
321.9
312.8
301.0
289.3
3.6
1.7
3.9
95.1
82.0
2,095.2
2,098.5
2,101.8
295.5
293.6
292.7
6.6
11.9
9.2
6I1.5
2,10ll.3
291.7
290.0
289.3
289.1
lt.6
51.1
3.7
3.9
1*8.7
I15.3
8.0
ll2.lt
2,107.1
2,109.7
2,113-3
Silver
dollara 1/
185.6
93.1
91.1
89.3
9l1.l1
I15.3
58.1
53.8
Circulation Statement of U. S. Money; Dally Treaaury Statement for
certain preliminary figures.
Valued at $1.29+ per fine ounce.
Includea Bllver held by certain agencies of the Federal GoremiKnt (aee
Dally Treasury Statement for amount). Doee not Include silver lendleaaed to foreign goTemmanta (these traneactlons all took place during
the fiscal years 19I12 through I9I16; see 19I16 Annual Eeport of the
Source:
i^
Bullion
at cost 2/
3''3.l*
S, 01*0.7
1950
1951
1952
Subsidiary
coin i/
356.lt
1,703.9
1,911.2
1,937.6
1,971.5
2,003.8
19'>5
Silver
dollars
Silver outside
Treasury
Total
silver
at $1.29+
per fine
ounce
In General Fund
i/
k/
p
Secretary of the Treasury
Valued at $1.3&+ per fine
Valued at $1.3&+ per fine
to whether the bullion Is
coins or for recolnage of
Preliminary.
Subsidiary
coin i/
137.5
150.1
156.3
165.0
171.0
8ii6.7
3,512.8
901.1
928.7
971.5
982.2
3, 5111.2
179.8
1,022.2
1,083.1
1,158.1
191.3
202.5
3,5117.9
3,596.7
3,6lt3.1
3,697.1
3,7111.3
3,7911.1
196. Il
198.3
1,119.11
199.2
1,1311 -5
3,773.3
3,777.8
3,781.2
200.2
201.9
202.5
202.6
1,1115.2
3,785.11
1,150.6
1,158.1
1,159.6
3,789.1
1,125.1
3,7911.1
3,796.1
for amounts),
ounce.
ounce or at $1.29+ per fine ounce according
held for recolna^e of subsidiary silver
standard silver dollars,
Table 5.- Silver Production In the United States and Acquisitions by Mints and Assay Offices
Jj
(In mllllone of ounces or dollara)
CeLlendar year
or month
19lt5
19I16
Sliver
production in
United States
Silver acqxilsitlons by mints and aasay offices
Newly mined domestic
silver 2/
Foreign silver
I9I17
19I18
29.0
21.1
38.6
39.2
I9I19
311.9
36.8
33.0
29
1950
1951
1952.
Ug.3
I11.3
37
liO.O
36.1
32
llO.S
111.
37
.6
I1.9
30.3
li.ii
27. li
!t/
3.8
March
3.9
3.9
3.7
3.9
April
May
June ......
k.O
3.3
3.3
3.7
3.2
2.8
July
3.3
2.3
3.2
3.8
3.5
2.6
3.ii
August. . .,
September,
October..
November.,
December,
3.7
3.0
3.1
3.3
3.0
2.6
3.5
3.5
3.I1
3.5
3.I1
2.9
2.5
3.2
2.I1
2.9
3.9
Source: Annual figures fTcm the Bureau of the Mint. Monthly figures on
U. S. silver production flSan releases of the American Bureau of Metal
Statistics; these will not a^ree with the annual figures,
1/ For Information on silver production In other countries, see annual
reports of the Director of the Mint. Data from 1933 through 19I1I are
summarised tn the "Treasury Bulletin" for August 19I13, page 7^.
2/ Acquired at 71.11 cents per fine ounce from July 1, 1939 to July 2, 19ll6;
y
33
1952 -January...
February .
3.I1
^
i/
k/
and at 90.5 cents per fine ounce since July 2, 19I16.
No foreign silver has been pinrchased under the Silver Purchase Act
of I93I1 since May 19ll2.
Includes 0.2 million ounces valued at 71.11 cents per fine ounce
totalling $0.2 million, and 30. 1 million ounces valued at 90.5 cents
per fine ounce totalling $27.2 million.
March 195J
57
.MOHET.AEY STATISTICS
.
Table 6.- Seigniorage on Silver
(CimulatlTo from January 1, I935
-
In mllllona of dollars)
Treasury Bulletin
56
.CAPITAL MOVBffiHTS.
Data relating to claims on foreigners and liabiliand capital movements between the
ties to foreigners,
United States and foreign countries, have been
collected
the data for January 1950.
Attention Is called to tne
fact that although the grand total figures on the revised
since 1975. pursuant to Executive Order 6560 of January I5,
reporting basis are reasonably comparable with those for
preceding months, data for Individual countries In some
an'3 Treasury regulations thereunder.
Information
covering the principal types of data and the principal
coverage and geographical classification.
193'*^.
Instances are not comparable because of certain changes In
countries Is reported each month by banks and bankers and
securities brokers and dealers In the United States. This
The supplementary Information, contained In Section IV,
Information Is published regularly In the "Treasury
Is presented In three tables appearing at different times.
Bulletin".
Table 1 gives data by countries on short-term claims on and
Supplementary Information Is published at lees
frequent Intervals.
All reports are made Initially to the
liabilities to foreigners as reported quarterly by exporters,
Federal Reserve Banks, which forward oonsolldated figures
importers, and Industrial and commercial concerns In the
to the Treasury.
United States. This Information was published for the first
time In the October 19^9 Issue of the "Treasury Bulletin"
The term "foreigners" as used In these reports covers
States
and begins with data for September 30, 191+6.
Table 2
supplies Information by countries on long-term claims on
domiciled outside the United States, as well as
and liabilities to foreigners as reported by banks and
all Institutions and Individuals (Including United
citizens
)
International organizations, wherever domiciled,
treaty or convention between sovereign states.
created by
"Short-term"
refers to original maturities of one year or less, and
"long-term" refers to all other maturities. A detailed
discussion of the reporting coverage,
bankers In the United States.
first time In the December
This table appeared for the
19'f'9
Issue.
Data are for the
end of the calendar year beginning with 1942.
Table
3
gives Information on short-term liabilities to countries
basis of reporting,
not regularly reported separately by banks and bankers.
and derivation of capital movements figures appeared In
This table appeared for the first time In the April I95O
the April 1950 Issue of the "Treasury Bulletin', pages 50-52.
Issue. The data have been requested at Irregular Intervals,
Revised report forms and regulations became effective with
the earliest date being October 19'+3-
Section I - Summary by Periods
Table 1.- Net Capital Movement between the United States and Foreign Countries
(
In thoueandB of dollare
:
negative f 1^u2^b indicate a net outflow of capital fi-om the United States
AnalTBlB of net capital mcreoent In:
Calendar year or month
Net capital
QOTement
Short-term
banking funde
Brokerage
balances
Trans actions
59
starch 195)
.CAPITAL MOVEMENTS
Section
-
1
Summary by Periods
Table 2.- Short-Term Claims on and Liabilities to Foreigners
(Poaltlon at end of period in thouBanda of dollara)
Short-tenn claims on foreigners
Short-term liabilities to foreigners
Not
of calandBT
year or month
l^d.
in
foreign
currencies
19^*2...
19Wt...
19^5...
19''6...
V^%.
.
19^9...
1950...
1951.
1952 p.
,
ban]£B
30,916
3'*,387
86,378
11*3,709
137,161*
329,691*
5^,603
105,1*21
169,670
392,766
708,253
'*7,'*89
100,267
319,639
21*5,010
290,1*95
91*8,936
165, "tsg
292,866
361,197
222,719
151,115
1*90,631
72,01*8
98,119
100,371
827,851*
110,801*
21*0,583
91,808
77,501
968,1*1*3
1,01*2,978
in
177,21*6
557,132
331
506,268
699,389
122,866
81*2,611
1*9'*,
U,205,389
foreign
currencies
5,371*, 903
1*,
5,596,775
6,883,068
'',356,501
ll,
$1*6, 621*
668,168
1,222,580
1,218,633
1,910,898
6,1*80,262
lt,693,9U
7,116,1*19
It,
809,21*5
7,717,960
7,617,959
8, 61*1*, 775 1/
9,302,200
10,501,621
3,523,328
131*, 1*12
5,209,820
5,073,586
5,503,872
5,382,062
13,893
17,911
2,257,510
1*9,661*
6,167,1*83
6,699,260
6,790,105
3,81*7,912
1*, 618,1*29
70,389
51,039
1*1*, 911
72,226
58,908
3,911,298
3,876,189
3,933,153
105,981*
130,1*93
131,711*
8,222,538
lt,057,706
121,761*
8,563,1*99
1*,
99,578
81*, 532
8, 911*, 1*97
9,328,851
1*,
9,567,763
9,655,737
2,1*37,751
2,1*93,33'*
3,095,992
i
79,562
961*, 1*38
70,1*1*8
177,539
162,975
738,910
731,015
9,392,277
7l*,887
I87,'tl5
71*2,068
9,'t73,326
5,1*08,1*59
1,019,686
1,038,656
1,029,603
7l*,rLl
151*, 616
81,659
73,376
11*1,258
790,959
815,739
9,583,185
9,953,153
5,1*03,715
5,689,61*2
136,653
819,57'*
10,01*1,111*
5,717,921
163, 933
l*,238,66l
July
August
September..
1,026,209
1,066,320
1,023,375
61*, 913
126,821
83l*,l*75
5,752,221*
l*,523,l*l*8
7l*,l*27
11*9,1*38
81*2,1*55
5,79l»,081*
70,206
139,718
813, '*51
10,355,060
10,525,207
10,705,635
5,831,960
669,037
4,808,016
79,388
62,086
65,659
Octohor.
1,018,652
1,016,291
7lt,682
122,178
121,162
122,866
821,792
828,189
10,586,1*15
5,71*8,925
'•,773,038
61* ,1*52
5,929,828
i.,68l,2l*8
5,82li,281*
1>,618,U29
60,952
58,908
, .
Noramher p.
December p.
66,91*0
77,501
1,01*2,978
81*2,
6U
10,672,028
10,501,621
Beginning 1950, includes certain deposit balances and other assets which
are held in specific trust accounta but iriilch previously had been excluded
frciii reported liabilities.
p
5,116,971*
1,71*5,722
996,011
AprU.
3,958,716
5,267,081
1,001*, 370
May...
June.
Ities
6,1*90,302
5,201,267
5,385,595
Fetruaxy,
March....
liabU-
25,51*6
1*0,629
]
5,821*, 281*
ehort-tentt
21,61*1
9,218,51*9
1952 -January .
1/
Payable
Deposits
of
foreigners
257,929
1,018,700
Payable In dollars
Loans to
foreign
21*6,673
897,966
.
Payable in dollars
Payable
5,772,009
7,71*6,809
]
'
8,333,757
9,1*58,61*3
8,1*27,839
8,1*68,956
9,011,511
9,1*58,887
9,682,260
9,1*58,61*3
Preliminary.
Table 3.- Net Movement of Short-Term Banking Funds
(In thousands of dollars; negative figures indicate a net outflow of capital frcm the United States)
Short-teim liabilities
Short-term claims
Calendar year
or month
in
foreign
currencies
1935-1*1.
191*2
191*3....
736,307
97,503
-11,256
-71,765
-63,072
307,187
15,933
-3,1*71
6,lt09
1*22,711
60,899
6,545
-32,506
-75,340
-19,Olt3
7,111*
5,151*
-315,'*87
-2'*0,683
-69,761*
130,81*6
-50,630
-67,320
65,068
-219,372
26,773
-68,331
-10,1*33
1950....
1951. . .
1952 p..
-76,233
-129,779
138,1*78
65,1*83
-70,1*77
11*8,775
-26,131
-71*, 535
lit, 307
511,380
1952 -January..
February.
March,,.,
-27,568
31,573
-39,932
12,21*6
9, lilt
ll*,56lt
-l*,lt39
-2lt,ltl*0
April.
Hay...
June..
-15,316
-18,970
9,053
776
-7,51*8
32,799
13,358
8,283
July
August.,.,.
Septonber.,
191*5....
19'*6
191*7....
191*8
191*9....
October.
,
.
Hov ember p,
December p.
1/
See Table 2 footnote 1,
3,39'*
8,463
-1*0,111
1*2,91*5
-9,511*
1*,221
723
-lt,li76
It,
2,36lr
-26,687
7,7'*2r
-10,561
of
foreigners
20,671
330
-lit,
Payable
in
foreign
currencies
Deposits
Loans to
foreign
banks
-20,216
191*1*
Payable In dollars
Payable in dollars
Payable
3,034,615
485,670
1,179,314
220,359
1,279,375
-418,422
636,207
601,541
-100,001
l,026,8lS 1/
657,425
1,199,421
-45,485
-200,136
-66,501
62,801
-11,937
-193,121
-143,222
2,806,001
105,607
620,884
220,576
583,205
-268,854
115,384
400,575
-136,234
430,286 1/
-121,810
442,222
266,156
385,365
554,412
-3,947
692,265
-164,651
511,788
180, 241
55,583
602,658 1/
751,920
770,517
-37,542
-5,102
4,018
3,730
3,905
15,083
9,035
20,725
-19,350
-6,128
27,315
-13,318
Het movement of
short-term
banJclng
funds
3,770,922
583,373
1,168,058
148,594
1,216,303
-733,909
395,524
531,777
90,845
950,583 1/
586,948
1,124,886
-39,521
7,895
-11,053
-83,651
173,728
81,049
-180,795
184,328
22,864
63,386
-35,109
56,964
33,758
24,509
1,221
-111,219
205,301
41,117
-48,891
-24,780
-3,835
109,859
369,968
87,961
-4,744
1*,605
285,927
28,279
124,553
106,227
74,728
-9,950
-22,186
-15,046
94,543
350,998
97,014
9,832
-22,617
9,720
-14,901
-7,980
29,004
313,946
170,147
180,428
34,303
4l,86o
37,876
284,787
145,589
138,979
-5,144
-17,302
3,573
317,340
130,036
223,373
-119,220
85,6l3r
-170,407
-83,035
l80,9O3r
-105,544
-293
17,540
l,0l6r
-1,701*
-8,341
-6,397r
-14,422
p
r
Preliminary,
Bevised.
-34,978
-91,790r
-62,819
-1,207
-3,500r
-2,044
-114,497
87,974r
-197,094
60
Treasury Bulletin
.CAPITAL MOVaiENTS.
Section I - Summary by Periods
Table 4.- Purchases and Sales of Long-Term Domestic Securities by Foreigners
(In thouaanda of dollars; negative flgiirea indicate a net outflow of capital from the United States)
Calendar year
March 195)
61
_CAPITAL M0V3MKHTS.
Section II - Samnary by Countries
Table 1.- Net Movement of Capital and of Short-Term Banking
Funds
(In thousandB of doUare; negatlTe figures Indicate a net outflow
of capital from the United States)
Set capital movement
Country
1952
August
September
Europe:
Auetrla
Belgium
CzechosloTakia
Denmark
Finlani
France
Germany
Greece
Italy
Netherlands
.
.
8,703
1^1
28
8,140
2,267
.
Norway
Poland
Portugal
Runaola
Spain
Sweden
Swl tier land.
13,608
-5,l>03
237
6,093
973
55,126
8,666
-8,661i
26,81*2
703
360
6,881
51,909
2,1(86
Ul.,&.5
5,026
-2,086
3,509
3,139
-888
1,547
2
-19
1,733
1,500
United Elngdom.
TugoslaTla
Other Europe
7,707
657
69
-8,379
-1,613
1,381
508
11,317
2,967
29,8lU
Total Europe ...
133,213
11(6,565
2lt,H6
6,872
. .
D. S. 3. B
.
.
-2,1(96
1(36
Latin Aoerlca:
Argentina.
BollTla.
Brazil.. ..
Chile
Colombia.
-2,8oli
1,132
-15,682
7,127
8,591
.
Cuha
DcEmlnlcan Republic
Guatemala
Mexico
Netherlanda West Indies
and Surinam
Peru
Republic of Panama
El Salvador
Uruguay
Venezuela
Other Latin America. .
.
.
Total Latin America.
.
.
22,201t
-1,1?2
-1,058
13,236
6,636
l,lt90
1,07't
723
-61(7
30,1(47
-1,554
5,242
-2,297
-3,039
-1,502
-4,310
2,357
-1,828
928
-4,816
-2,103
3,65^
-22,126
-1,006
46,873
169
19,2lt3
66,044
161
3,739
1,068
-5,690
-38,387
2,366
2,089
882
-24,022
-702
Aflia:
China Mainland
Formosa
Hong Eong
India
Indonesia
Iran
Israel
-1,378
2,787
15,M>0
43
8,738
-3,988
-6,402
31,927
288
13,6l4
Turkey
Other Asia
-19,982
-2,617
-19,655
(2,615
Total Aala
-36,362
39,757
35,768
10,075
-27,271
6,974
-12,91(3
3,500
5,596
-13,480
-1,736
1,899
•1,996
-33,614
Japan
Phlllpplnee
Thailand
Other countries:
Australia
Belgian Congo
Egypt and AngloEgyptian Sudan
Union of South Africa
Other
Total other countries
International
Grand total
-21|1
7,669
189,905
62
Treasury Bulletin
.CAPITAL MOVEMENTS.
Section II - Sununary by Countries
Table 2.- Net Movenent in Brokerage Balances and Long-Term Security Transactions by Foreigners
(in thouaazuls of dollare; negative flguroe Indicate a net outflow of capital from the United States or net sales by foreigners)
I
March
mj
63
.CAPITAL MOVBffiNTS
Section II - Sumnary by Countries
Table 3.- Short-Tern Clalns on and Liabilities to Foreigners
Treasury Bulletin
61^
.CAPITAL MOVIMENTS
Section II - Summary by Countriee
Table 4.- Foreign Debit and Credit Balances In Brokerage Accounts
{Position at ond of montii in thouflands of dollare)
65
March 195)
.CAPITAL MOVUfflNTS.
Section III
-
Details for Month of October 1952
Table 1.- Short-Term ClaimB on Foreigners
[Position at end of month In thousands of dollars)
Short-term clalme payable In dollars
Total
shorttenn
claims
Countx7
Euro pa:
Austria
Bel^lim
CzechoaloraJcia
Deimark
Flnlaul
l,00ll
1,001*
13,2'»9
13,001
2
2,771
3,810
5
•
....«•.
,
France
2,83U
3,813
9,1*30
27,990
G«niian7
Greece
Italj
Loans to:
Foreign banks
and official
Institutions
•
NetherlBXVls
Hoxvaj
Poland
Portugal
Rinaanla
Spain
Sweden
Svlt£arland
S
United Klnsdcm
7,566
26,809
192
16,390
2,739
192
15,795
1,670
1,595
30
461
2,1*48
30
508
6
12,566
11,390
3,336
7,950
3,149
5,256
35,822
3
U. S. S.
Yugoslavia
Other Europe
e,0lt7
3,79''
16,952
8,046
3,635
Total Europe
151,375
123,915
73,661
34,966
8,111
6,216
356,222
18,281*
6,8r3
6,216
356,159
18,228
Canada
Latin America:
Argentina
Bolivia
Brazil
Chile
Colombia
Cuba
Dominican Republic
Guatemala
Mexico
Netherlands West Indies
and Surinam
Peru
Republic of Panama
El Salvador
Uruguay
Venezuela
Other l^tin America.
3U,851
3'*,663
36,129
1,605
3,169
88,393
35,866
1,603
3,169
85,803
1,170
11,671
U,604
33,109
13,850
638,586
633,536
2,639
2,633
7,450
790
2,536
875
l'*,303
. .
Total Latin America....
Asia:
China Mainland
Formosa
Hong Kong
India
Indonesia
1,169
4,361
7,140
14,285
32,574
13,823
363
7,lto
It,
7,'>50
862
3,503
375
Iran
laxael
Japan
Philippines
Thailand
10,060
18,690
12,582
3,367
10,052
18,689
12,571
6,365
3,367
Turkey
Other Asia
51,010
15,303
51,010
14,805
Total Asia
132,782
131,11*3
Australia
Belgian Coi^o
Egypt and AngloEgyptian Sudan
Union of South Africa,.
Other
8,677
7,173
6,721
2,338
3,965
470
2,217
3,825
Total other countries..
22,2101
20,406
6,1141
Other countries:
6,7't2
522
International
Grand total
1,018,652
Treasury Bulletin
66
.CAPITAL MOVBffiHTS.
Section III
-
Details for Month of October 1952
Table 2.- Short-Term Liabilities to Foreigners
(PoBltion at end of month In tbouaanlB of dollare)
67
March 195)
.CAPITAL MDVDffiMTS.
Section III
-
Details for Month of October 1952
Table 3.- Purchases and Sales of Long-Term Securities by Foreigners
Treasury Bulletin
68
.CAPITAL MOVmENTS.
Section III A
-
Preliminary Details for Month of December 1052
Table 1.- Short-Term Claims on Foreigners
starch 195)
69
.CAPITAL MDVBIEHTS.
Section III A
Preliminary Details for Month of December 1952
Table 2.- Short-Tenn Liabilities to Foreigners
-
(Poflltlon at »nd of moat2i in thouAai^s of dollare)
Treasury Bulletin
70
CAPITAL MOVEMENTS
Preliminary Details for Month of December 1052
Table 3.- Purchases and Sales of Long-Term Securities by Foreigners
Section III A
-
(In thousands of dQllAre)
March
my
71
.CCMOLATIVE TABLE OF CQBTEJnS.
April 1952 through March 1953
laaue sid page ntaber
1953
1952
Apr.
July
May
Aug.
Sept.
Article:
Treaeury financing operations
•••
•....
•••
•....
Summary of Federal fleoal operations
Budet receipts and expenditures:
2
Bvoalpta \f3 principal souroes
..•••••
•
l^pvidltureB b; major olasslfloatlxnis
SxpeoUturaa for national defense and related aotlTltlae
Sipeallturse for Intematlcmal fliianoe and aid
•
"Other" oxpendltto'ee
•
Siaoarj of bnlgot resnlta by nontha and years
Detail of budget recelpte and deduotiona by months and yeare
Detail of budget expenditures by months and years •
Soolal SeoifflV Ant
•
Bailroad Betlronant Ant
•••,«•••
fiallroad Oumployiiant insuranne Ant
2
3
3
It
5
6
9
15
16
16
Trust acoount and other traneaetlone:
SimazT of trust account amd other ^renaectlaas....^
Trust acoount receipts
•.
Trust acoount exp«ldltur«e other than net InrealBAnts
Het Isreslaante of Gorennsnt sgenoles In public debt seourltles . .
redorol Old-Aga and SurrlTore Inaurance Troat Tund
•
Bailroed Retlrflaent Acoount
•••••••.•.•.•...•.
Utafl^ploymant Trust fund •.•.•....
••..•
national Serrlae Life Inauraone road
9
9
10
10
11
10
10
11
11
11
17
17
18
18
19
19
20
20
12
12
13
13
12
12
13
13
12
12
13
13
12
12
13
13
21
21
22
22
lit
111
111
lit
lit
Ui
111
111
23
23
15
15
15
15
15
15
15
15
21l
16
16
17
17
18
16
16
17
17
18
16
16
17
17
18
16
16
17
17
18
18
16
16
17
17
18
25
25
26
26
27
18
18
18
18
18
18
18
27
19
19
20
19
20
19
20
19
19
20
19
20
28
20
ai
21
21
21
21
21
21
21
21
21
30
30
22
24
22
22
22
22
31
2lt
2k
all
2ll
21l
33
25
25
25
25
25
25
3lt
26
26
26
26
26
26
35
8
9
9
10
10
11
11
9
9
10
10
11
11
9
9
10
10
lit
12
12
13
13
lU
lit
111
15
15
15
15
16
16
17
17
18
16
16
17
17
9
9
10
10
U
11
U
9
9
u
Treasury cash income and outgo:
••.•••••••
S^^Bax7 of oash transactions .........•..•.•••.•••
..,
DerlTatlon of cash budget rscelpte
....•••<
DerlTatloa of oash budget axpendltures. •,....
DerlTatlCD of cash ^rust account trensactlcos. •...•. •.....•.•.••
borrcmng
DeriTatlon of oash borrowing or rspaymant of
Oash operating Inccne and outgo by months
12
12
13
13
General Fund of the Treasury:
Status of the Genaral Tund
General Fund balance by months
•*••
•
2U
>
Debt outstanding:
......•..••.•
•
Simnary of Federal securities
Het change In Federal Becnrltlea.........**
debt
•.«.>
Intareet-bearing public
let change In Intereat-bearing public debt
Special Issuss to U. S. Gorenmiant inreelaent accounts..
CoHpnted Interest charge and caqmtad intarsat rate on Federal
•••...•
aeouritlee
Treaaury holdings of aecurities Issued by OoTeraunt corporaticDS
and other agencies
Public debt anl guaranteed securltiee outstanding by months
20
29
Statutory debt lloltatloD:
Status under llmltatlcn
Application of limitation to public debt end guaranteed securities
outa tending
21
21
Debt operatlone:
Maturity sohedule of intereet-bearing publlo maricetable securltiee
isemed by the U. S. Gcrenmwnt
Offerlags of Treasury blUa
Offerings of marketable iseuse of Treaaury bonds, notes, and
certlf icatea of indebtedneas
Olspositicn of matured marketahle issues of Treasury bonds, notss,
and cartifioatee of indebtedneas and guaranteed aeouritlee
22
(Ccntlnned on follovlng page)
Treasury Bulletin
72
.CUMULATIVE TABLE OF COHTENTS.
April 1952 through March 1953 - (Continued!
BUY
AND
HOLD
UNITED
S TAT E S
SAVINGS
BONDS
J^'
^
Treas.
HJ
10
.A2
19 53
C.2
1
U.S. Treasury Dept
Treasury Bulletin
cf
@FedFRASER