Full text of Treasury Bulletin : May 1943
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
COPY N0.2 mASUHY DEPARTMENT BULLETIN OF THE TREASURY DEPARTMENT MAY 1943 Analysis of Receipts and Expenditures Composition of the Public Debt Prices and Yields of Government Securities Other Treasury Statistics UNITED STATES TREASURY DEPARTMENT OFFICE OF THE SECRETARY Bulletin of the Treasury Department, May 1043 Cumulative Table of Contents Iflana pa^ and number 19U2 191*3 Ma7 I. Apr. Mar. Jan Tab. Bac. Oct. Hot. Sept. July in^. June Special artlolea Second Var Loan, April 19H3: Sales of aecurltlee Conparlaon of featnrea of eeeorltlea of fered to public 2-6 2-3 Var actintlaa eipendlturea, BOnthly Jul; IjUO through April I9U3 7 Bank deposlte: Ma^i Bhovlng deposits by eountlea, as of Becenber 31> 19^^ nd Increases dnrlcg 191^2 Aaounts bj federal fieserre Districts and by States, Seoember 3^1 I9UI and igUa "^5 2-3 Sales of tJnlted States GoTemnent securities in SeeeMber 19^^. classified by type of InTestor 2 BiTidends reoelTed by corporations, indlrldnals, and fiduciaries, I936. 3-6 Istate tax rates and tax liability in the United States, Onited EingdoB, and Canada 7-8 Indindnal income tax rates and tax liability in the United Statea, United Kingdom, and Canada 7M5 » IndlTldnal income tax rates in the United Statea, aelected taxable years, 191g-19ltf 75 Comparison of Tarioua features of Treasury securities currently offered to public Preliminary analysis of taxable excess profits tax returns for filed throu^ July 31, 19U2 22-23 1^1 71-73 United States QoTsmment interest-bearing public debt outstanding during Vorld Var I 21-22 II. Summary of flaoal statiatioi Budget reoelpts and expenditures 2 Debt outstanding: Publlo debt Public debt and guaranteed obligations. 3 Heans of financing cash re^renento 3 III. Reoelpta and expenditures and appropriations Appropriations and net contract mthorlsatlons for the var actlrlties progrsB as of aonth-end preceding aonth of publication Budget receipts and expenditures: Suamary by major classifications Analysis of receipts fron internal rerenue • Analysis of general e:q)enditures Analysis of expenditures for war actlTlties Analysis of expenditures for var aetlTltlea, aonthly July I9IM through April 191*3 Analysis of expenditures for Cl) rerolTlng fUnda ud (2) tranafers to trust accounts, etc Total budget receipts and expenditures, by months, for recent years. 12-13 S-9 111 10 10 11 11 ll» 15 15 5-6 13-11* 5-6 5-6 7 7 15 8 8 ii 16 9 17 9 9 9 9 9 9 9-10 17-18 9-10 9-10 9-10 9-10 9-10 9-10 7 7 8 8 7 11* 16 12 16-17 Il*-15 12-13 8 8-9 Becelpts and expenditures fbr trust accounts, incrsnent on gold, etc.... IS 16 11* 11 19 U u 11 11 U 11 10 Means of financing cash requirements beginning 1933 Social Security program: Budget receipts and expendltureal Social Security Act Sallroad Bstlrament Act Ballxoad Unemplojnnent Insuranoe Act 19 17 15 12 20 12 12 12 12 IS 12 11 21 22 22 11* \i Ik 11* lU lU lU 12 13 13 23 23 23 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 15 Ik Ik Ik 21* 16 16 16 16 16 16 15 Statement of trust accounts: Pederal Old-Age and SurrlTors Insurance Trust Pond Bailroad Batlrement Account Unemployment Trust Pnnd Cash income and outgo of the Treaaury: Analysis by major clasBifications Total cash income snd outgo, by months beginning vlth: January 193^ January 1938 2l*-25 16-17 16-17 16-17 16-17 16-17 16-17 15-16 23-21* 19-20 16-17 IV. General rund of the Treasury Assets, liabilities, and balance in Oeneral Pud. Analysis of changes in balance of Oeneral ftud...' 26 19 19 19 19 18 27 20 20 20 20 19 (Continued on follevlng page) Bulletin of the Treasury Department, May 1943 Cumulative Table of Contents - (Continued) Bulletin of the Treasury Department, May 1943 Cumulative Table of Contents - (Continued) SPECIAL ARTICLES -1- : Sales of United States Goveminent Securities During the Second War Loan Total sales of securities during the Second War This total surpasses Loan amounted to $18.5 billions. and represents about any similar undertaking in history, 90 percent as much money as was raised In all five bond drives in World War I. Sales in the Second War Loan exceeded the goal by The goal of $13 billions was billions. more than divided between IS billions to nonbanklng investors and Sales to nonbanking $5 billions to commercial banks. investors exceeded their goal of iS billiona by more than Sales to commercial banks were restricted to 50 percent. although the $5 billions of securities allotted to them, the bank offerings were over-subscribed several times. $ Sales of securities to individuals, partnerships, personal trust accounts aggregated $3-3 billions, Additional as compared with a goal of t2.5 billions. savings of individuals were enlisted in the drive through purchases of $3-6 billions of Government securities by the goEil insurance companies and mutual savings banks; Other corporations for these Investors was $2 billions. and associations purchased $5.7 billions of securities as compared with the goal of t3-5 billions. and Actual sales of securities to the various investor groups are compared with the goals in the following table Class of Investor Nonbanking investors Individuals, partnerships, and personal trust accounts Insurance companies and mutual savings banks Other corporations and associations 1/ Total for nonbanking investors. Commercial banks Other Investors Total for all investors Goals the regularly published information on sales of savings Sales reported from May 1 through May S are not bonds. Included in these statements, however. The Increase in sales to individuals, partnerships, and personal trust accounts In the Second War Loan as compared with the First War Loan is in accord wlih the first of a series of steps in a tentative Treasury program designed to Increase the proportion of Ir.ilvliuale' ?<"-• —.'.i^ f-'-rsavings Invested in Federal securities. ures indicate that Individuals Invested in Qcverr.ment securities In January through April a net amount equlva;ient to about 60 percent of their new liquid savings receiving after deduction for savings in the form of life Insurai.oe, deposits in mutual savings banks, and debt repayc?nt. The figure of 60 percent compares with a goal of 55 percent set for the four month period, and a figure of 4-7 percent for actual Investment in the last six months of 1942. The tentative program for the remainder of ig"*? calls for further increases, reaching 75 percent by the end of the year. The program is subject to revision now that the Second War Loan has been completed. The Second War Loan raised considerably more money Sales of $18.5 than the First War Loan last December. billions in this drive compare with sales of $12.9 bilSales to nonbanking inveslions in the First War Loan. tors were $12.6 billions in this drive as compared with Sales to individuals, part6.S billions in December. nerships, and personal trust accounts were |3-3 billions in the Second War Loan as compared with fl,5 billions Sales to commercial banks and to other last December. investors were about the same in both drives, so that the entire increase in the Second War Loan over the First is reflected in sales tc nonbanking investors. Table ^ presents a comparison by claeses of investors and by issues The figures of the results achieved in the two drives. for December have been revised since they were published in the January "Treasury Bulletin". Table 1.- Sales of Securities During the Second War Loan, by Classes of Investors and by Issues Savlii^e bonds Clasi of investor Total Sarlaa X Series r and Tax notes Series C 2-1/2* Treasury bonds 1961*-69 Trsasury bonds 1950-52 7/8* Certificates of indebtedness U/l/UU iaouits In Billions of dollars Nonbanking investors: Individuals, partnerships, and personal trust accounts Insurance companies Mutual savings banks Xleemosynary institutions State and local govemoents 2/ Other corporations and associations Total sales to nonbanking investors Commercial banks Other Investors: Dealers and brokers 2/ United States Government agencies and trust funds Totel sales to other investors Total sales to all investors during Second War Loan l.>t73 12. 550 l.'t73 Total sales to nonbanking Investors. Commercial banks. Other Investors: Dealers and brokers j/ United States (kivemment agencies and trust funds. Total sales to other investors. Total sales to all Investors during Second War Loan- 5U0 1.582 550 35 181 U72 1.520 50l» 82 789 2U6 121 105 Ul 2U1 1.983 667 1,652 3.392 2,626 2.77s 132 703 2,1'^8 5.058 5UU 391 189 10 355 369 935 369 199 36s <.76l '.935 5.2'*'' 18.5U3 1.''73 Percentage distribution Nonbanking investors: Individuals, partnerships, and personal trust accounts. Insurance companies Mutual savings banks Sleemosyuary Institutions State and local governments 2/ Other corporations and associations U25 2U2 3.290 2.U08 1.195 117 503 5,038 17-7 667 1,652 1-? Treasury bills 1/ . . . . Table 2.- Comparison of Goals and Actual Sales of Securities to Nonbanking Investors During the Second War Loan, by Federal Reserve Districts (Awninti In Blllloni Bt dollar*) Tadaral Basem Olitrlet letval Oeala alaa Izeaflfl of aetoal •alaa OTor goala Poreant of goal aeeoapllihad Total aalea to noBbanklug InToatora 800 3.000 U75 Boston lov York Phlladalphla. ClaT«laad. Rlebaoud. Atlanta. . ).<5b 170 550 350 250 MlBnea^ollt. Kansas Clt/... Dallas San Francisco. 1.705 225 200 675 St. Loula... 972 1.050 250 175 Chica^ 299 .856 Il22 238 198 162 136 177 16S 179 i<06 655 156 296 la 162 162 169 338 333 113 133 160 150 167 izU «35 Unallocated.. 29 g.OOO Total. 12.550 't.550 157 .3U 137 «3 123 135 Sales to IndlTldoals. partnerships, and personal trust aecormts Boston Hew Tork Phlladalphla. 200 600 150 166 737 202 Clereland. Blehnoad. Atlanta. . 250 150 125 30U 195 236 Chleace I400 l»95 St. liOOlS... 100 75 155 126 100 75 163 1U9 '.I 275 333 58 163 199 121 3.290 790 132 2,'400 933 U.ll? 325 UltU 333 1.719 119 156 172 137 Clereland. Bichaond. Atlanta. 300 200 125 66s 393 211 368 193 S6 223 197 169 Chicago St. Lonls... 650 150 100 1.210 251 560 101 170 70 186 167 170 125 125 Uoo 175 183 50 58 502 102 lUO 1U6 126 5.500 9.259 3.759 168 Klnnei^lls. Kansas City... Bellas San Pranclsco. Unallocated. 52 5U U5 111 95 55 51 122 130 189 12U 155 l6( 29 Total. 2.500 Sales to corporations and associations 1/ Boston Hev Tozk Philadelphia.. . Hinne^olis. Kansas Cltj. Dallas San Pranclsco. . Total. 1/ Comprises Insurance eoBpanles. Butoal earing banks, other corporations and asaoelatloas, eleeBosjnaiy Institutions, 600 and State and local ^vsmments. thslr a^ncles, trust. sinklns. and InrestBent funds. Table 3.- Sales of Securities to Nonbanking Investors During the Second War Loan, by Federal Eteserve Districts and by Issues • 1/ 2/ Lsti thu (;cx),ooo. iBclndcs their s<«Bcl*t, tntt. Inklnf, and IsrastMst foada. Sata OB aalaa to corporatlona of Seriae T and C aarln^e bonda and Sarlaa C tax aotaa har* baaa claaaiflad ae aalaa to othar corporatlona Table 4.- Comparison of Sales of Securities During the First and Second War Loans, by Classes of Investors and by Issues J^ (In BillloDS of dollars) SaTln^fl bonds Series T and Clase of iBToetor Wr»t Second War Loan Loan Honl>ankin£ Investors t IttdlTldoals. partnerships, and personal trust acconnts. 1.593 1.699 620 Insurance conpanles Mutual saTl ng^ banks SleemosTnary Institutions State and local goTemoents Other corporations and associations 6,822 18.550 5.087 769 270 1.039 12,9U7 I8.5U3 rir«t War Loan Second War Loan l.'t73 288 667 87 1,2>)8 1.652 726 l,'t73 288 667 87 1,2U« 1.652 1-3/''* 2i Treasui7 Treasury bondfl bond! Tlret War Loan 7/8^ oertlflcatee of Indabtedneae ripit Second War Loan War Loan Second War Loan U72 703 50lt 82 789 11 82 886 3.392 2.626 1,227 2.110 2,1a 2,138 318 35 181 Comercial banks. Other Investors: Dealers and brokers U/ United States Ooveriuaent agencies and trust funds. Tlret War Loan Second War Loan 2,738 2.061 Treasury blllt 5/ 1,983 681 5110 1.582 550 2.563 1.520 726 85 2U0 86 12 30 229 257 'Z' 3 35 88 319 132 935 Class of Inreotor 76 51 11 SU6 123 105 Ul 2>»1 267 369 2 189 10 U50 2 267 369 320 199 U52 368 2,831 3.761 3,062 •.935 3,800 5,2ltlt 906 355 13 Total sales to other investors. 3/ 2U2 66 122 1,126 ••25 5Ult 2-1/2* Treaaury 'bonds y 216 Second War Loan 391 Total sales to other InTsstors 2/ l.'t73 Series C first War Loan 5.058 Other investors: Dealers and brokers U/ United States OoTemnent aeenelea and trust funds ^ Loan Series k Second Tlrst War War Loan Lean 2/ 72 726 503 5.038 Coasercial banks Total sales to all investors. ?lrBt War 1.195 117 Total sales to nonbanUn^ InTostors Total sales to aonbanldn^ investors. Second Var Loan 2,>t08 57 ^ Honbanklng Inreatortl IndlTldnals, partnerships, and personal trust accotints. Insurance coapamleo Mutual BaTln£8 tanks Ileemosynaiy institutions State and local goTernments 3/ Other corporations and associations »ar Loan 3.290 200 2.65U Total sales to all InTostors Wrtt The Tlrst War Loan took placs In Dsceaber I9U2. Hot Included in Second War Loan; total sales reported in April I9U3 Here $22 millions. Inoludes their a^ncles, trust, sinking, and investaent funds. Tor first War Loan, fieores exclude salss of 2-1/2* Trea«ur7 bonds to dealers and brokersi these have been Included In sales to other corporations and associations, for Second War Loan, figures szcludo aaounts distributed or earaarked by brokers ^ 906 810 and dealers for distribntlon to nonbaaking lavestorsi these aaounts have been redistributed to the appropriate nonbanking investor classes. Represents net increase in aaount outstanding during onth of Decenber I9U2 and April 19^3, respectiralj, and has been arbitrarily assigned to coaaerelal bank* for statistical purposes. . . . . Expenditures for War Activities There Is shown below an analysis of the expenditures for war activities by months commencing July 1940. These figures are presented for the purpose of coneolldatlng In one table the revisions which have occurred from time to time. The classification shown below is the same as that which appears regularly In the "Treasury Bulletin" and which may be found In Table ^, page I5, of the current Issue. (In milllonfl of dollars) MlBCellaneous war activities Total igUO-July Au^st Var Department Navy Department Total mlacellaneouB war activitlea Agricul- Federal Federal ture Security Works DepartAgency Agency ment 199 . . . 79 102 17 223 91 111 20 National Selective Treasury Housing Service DepartAgency (adminiement tratlve) 1/ 3 2 September. 2U1 82 lUo 19 1 October. 311 137 206 151* 21 2 173 290 18l» 15 21 10 . NoTenber. December. 1 9^1- January 393 U95 1 3 589 610 350 223 16 February. 1*08 181 20 March 769 5US I9G 25 7 ^rll 782 522 233 28 6 May June 857 U65 832 500 352 263 39 70 969 516 362 91 1.131 UHl U2I* 93 160 37 13 . . July August . 12 3 1 6 8 1 3 33 5 3 21 19 27 26 September. 1.330 598 7U6 October. 1.537 8311 1*97 205 66 8 1 39 771 U93 185 Ul 6 1 29 29 . . . NoTember. December. 30 1.850 1.072 51*5 233 1*3 7 U . 2.10U 1.282 575 2l*7 63 7 u 27 February. 2.208 1.369 581 258 53 9 10 19 March 2.8O9 1.1»32 91*6 U30 105 8 10 18 April 3.238 1.591* 1.101 51*3 65 lU 22 May June 3.560 1,307 1*02 80 10 17 3.829 1.850 2,007 1,309 513 119 8 21 igU^-January. July August. U,U98 2,861 1,103 531* 90 28 12 26 lt,88U 2,875 1,376 633 6i 13 17 U2 September. 5.38U 3.519 1.291* 572 9U 1* 13 1*5 October. . 5,1»81 3.1*17 1,596 U67 51 21 17 U8 November. 6,0U2 3.538 1,1*78 1,025 1*33 16 15 50 December. 5.825 3.770 1,380 G76 21 6 19 50 . 5.9U7 l».053 1.271* 620 18 17 17 1*1* February. 5.770 3.239 2,002 528 12 12 12 39 March 6.7lrt 3.985 2,053 705 17 17 55 April 6.971* 3.727 2,102 1,11*5 51U 15 61 . 19'*3-January. . United States Maritime CommiBsion Other war activities AdJSlnie- China erpendtratlon Iturea "JJ War Shipping Aid to SUMMARY OF FISCAL -« STATISTICS Budget Receipts and Expenditures (In Billions of dollari) CoiiplatB fiscal rears, 19>tO to 19!)^ riTit 10 Bonthi, 19ltl to I9U3 fiscal Tws XstUsted Actual ChaB^ 1/ Actual I9UI 1942 l^ki 191*2 191*0 191*1 191*2 I9U3 19ltl» 191*2 to 2/ 191*3 to estlaated 191*3 1/ Estlnatod 19U3 to estlaated 19l*U 1/ 2/ Beceipts: Internal revenue: IncOBe and profits taxes ^ 2,1*90 5.658 11.350 +5.692 .125 3. ''70 960 17.571 27.6U5 9.6U +10,071* 730 92U 1,161 833 925 ,186 I.U62 1.971 +276 +5C9 2,1*1*8 3.279 3,81*1 237 562 .31*5 2.967 8U7 lt.516 i».936 669 +1*20 Customs 313 332 251* -78 31*9 392 389 253 201* -136 -1*9 Other receipts 1*70 as 1*68 250 273 515 286 751 651 1*65 -100 Total receipts 6,1*50 10,1*10 I7.O7U +6,661* 5.925 8,269 13,668 552 35.'*07 +10,881* +10,855 513 666 81*1 +175 538 661 869 1,076 1.525 +207 +1*1*9 500 800 +500 +300 5.938 9,71*1* 16,233 +6,1*89 5.387 7,607 12.799 22,976 33.081 +10.177 +10,105 War Department 2.713 10.212 31*, 981* +2l*,772 667 3,678 1U.070 1*1*. 000 62,000 +29.930 +18,000 Havy DepartBent 1.698 5.96U 15,658 9,691* 891 2,313 8,580 17.500 22,000 +8,920 +4,500 201 2,U1*6 6,906 +l*,l*60 99 310 3.362 12,500 13,000 •9.138 +500 I*,6l2 18,623 57.5^8 +38,925 1.657 6,301 000 97,000 1*7,989 23,000 Teterane' Adainistration j/ 1*70 1*62 503 1*1 557 563 Pulillc Works «/ 637 571 1*79 -92 950 738 938 1,088 996 -92 1.559 535 593 682 +89 513 1,150 8l*2 288 -551. 1.572 l^ploynent taxes Miscellaneous Internal reTenue U/. 21*, Loss: Aaounts transferred to Federal Old-A^ and SurTiTors Insurance Trust fund ^ . PoBt-var eredlte for excess profits tax, victory tax, etc Net receipts Expenditures: 6/ War activities: Mlecellaneous var activities. Total var activities. Aid to apiculture ^ Social Security prograjn 11/ 26, ou 71*, 556 680 617 885 +61 +268 666 1*03 -11* -263 1,225 1,11*2 1,015 -83 -127 588 659 755 786 +96 31 1,371* 970 300 -670 -300 93710/ Direct and vork relief: Work Projects Adolnlstratlon and National Youth Adzinlstration 12/ Federal Emergency Eelief AdBlnlstration and Civil Works AdBlnlstration 1 Civilian Coneervation Corps 219 11*8 17 -131 283 257 163 16 Interest on the public debt 760 851 1.157 +306 l,0l*l 1,111 1,260 1.850 Other 12J 720 736 7W 10 866 gUl 873 1,086 1.035 +213 -51 10,01*1 23.913 62,1*18 +38,505 8,998 12,711 32.397 80.1*32 10l+,12l* +1*8,035 +23,692 l*,10l* l'*.l69 1*6, 18U +32,015 3,611 5.103 19.598 57,''5fe 71.0^3 37,858 13.587 Total expenditures 6/ Net budget deficit 6/ Source: 5/ 6/ 1/ a/ DEklly Treasury Statenenti, except ae noted. Eetimatea as shown In the 19^4 Bod^t. Does not Include proposal far $16,000,000,000 additional fondt froa new legislation for the fiscal year 19^4. Includes unjust enrichment tax and rictox? tax. Includes chiefly alcoholic ^ererage taxes, tohacco taxes, manofacturera* and retailers' excise taxes, and estate taxes. For explanations, see tahles in next chapter on Social Security progran. Excludes expenditures for public debt retirenents iriileh are chargeable to the sinking fond, etc. under special proTltions of lav. Includes expenditures classified as transfers to trust accounts, etc., for the Adjusted Serrlce Certificate £\uid and the National Service Life Insurai-je Fund. Includes Public Works tranoactions clasaifled as EevolTlng l\mds (net). Includes Aid to agriculture transactions classified as fievolving Funds (net); expenditures of the Department of A^iculttire classified as 10/ ll/ 12/ 1^/ -11*7 3.000 -16 +590 +1,150 BepartEtental in the Dally Treasury Statement; and A^lcultural Marketing Acbnlnistration transactions classified as transfers to trust accounts, etc. Represents gross expenditures of $1,2^2 millions less repayments of U. S. investments in capital funds aggregating $315 millions. Includes expenditures classified as transfers to trust accounts, etc. for the Eallroad Retirement Accoxmt and the Railroad Unemployment Insurance Administration Fund. Excludes expenditures made by Office for Emergency Management, War Manpower Commission (U. S. Employment Service) under authority of the Social Security Act. Beginning July 19^2 expenditures for National Touth Administration are shown under War activities. Includes departmental expendltiu*e8 not otherwise classified and expenditures classified as transfers to trust accounts, etc., for Oovemnent employee retirement and Insurance funds. 10 Public Debt and Guaranteed Obligations Outstanding (In milllone of dollare) £nd of first 10 moatha, fl«cal years igUl to I9U3 End of fiacsl /ears. I9U0 to Eetlmsted 1/ Actual Cbao^ Apr. 30, 191*1 Apr. 30. 191*2 Apr. 30, 1943 Apr. 30, 191*2 to Apr. 30. 191*3 June 30. June 30. June 30 191*0 191*1 191*1* 191*2 June 30. 191*3 Chazice iBtlmated Actual June 30. I9U2 June 30. 191*3 Juno 30. to eatlnated to ettiafttad 191*1* June 30, 191*3 June 30. IsUk 1/ Sacnrltlaa lasued by the Itiiltad States Interest-bearing debt: Public Issues: MarlcBtable Non-marlce table 37.075 3.891 Total public Isatuee *»0,967 Special issues Total interest-bearlae debt. Matured debt and debt bearing no Interest Total public debt outstanding. 5.707 U6.673 557 H7.231 Securities ettara^teed by the United States 3/ Interest-bearing debt: Public issues: Marketable Hon-marketable 6.550 Total interest-bearing debt. 6.550 Matured debt Total guaranteed securities outstanding T otal public debt and guaranteed securities outstanding 10 1/ AND EXPENDITURES AND APPRO PRI AT IONS RECEIPTS -11- 18 Appropriations and Net Contract Authorizations for the War Activities Program As of April 30, 1943 Date approved Puljlic Law No. U Approprlatlona Title of act Met contract authorliatlons 2/ 76tb Coogrets, Third Seeelon 19'tO igito 1*1*2 19'tO 508 588 611 19'*0 I9it0 I9i«) 19110 191*0 igiio 1*59 61*0 653 667 88 i/ 19140 191*0 668 91*1/ T57 191*0 781 191*0 99 i/ 800 812 106:5/ i9to 19UC 191*0 191*0 Treasury Department Appropriation Act, 191*1 Independent Off Ice a Appropriation Act, 19l*l Department of Justice ^proprlation Act, 19l*l (Title III) Navy Department Appropriation Act 191*1 Military Appropriation Act, 191*1 Interior Department Appropriation Act. 191*1 War Department Civil Appropriation Act, 19l*l OlTll Activities National Defense Appropriation Act, I9U1 Jinergency Hellef Appropriation Act, 191*1 (refugee relief) Second Deficiency Apprtsprlatlon Act. 19I+O Public Resolution (Var Bisk Insurance Fund) Public Law (naval expansion program) Second Supplemental National Defense Appropriation Act, 191*1 Public Resolution (War Department - military posts and acquisition of land). Third Sx^plemental National Defense J^proprlatlon Act, 191*1 First Supplemental Civil Functions Appropriation Act, 19l*l Public Resolution (national defense housing) » Total. 76th Coi^ress, Third Session Mar. 25, Apr. 18. Hay IH, June 11, June 13, June Ig, June SU. June 26, June 26, June 27 July 18, July 19. Sept. 9. Sept.2U. Oct. 8, Oct. 9. Oct. lit. $ Jan. 1.308,171,138 , 77th Congrees, First Session 53.965.035 11*9,500,000 2,1*88.000 1,1*99.323.322 1*95,000 15,000,000 057 50.000.000 17,656,900 1,1* 71*. 901, 1*0,000,000 $ 1,769.027,226 r 2.1*97.016,392 338.263,902 1.323.U1U.082 11*8,821.000 75.000,000 8,991*. 015, 828 $ 1.769,027,226 r !»/ . a . . . Ik Budget Receipts and Expenditures Table 1.- Summary by Major Classifications (In alllloaalof dollart) H«c«ipta X&ternal Total rereinie receipts 2,080 3.116 3.800 1933193"». 19351936. 1937. 1938. 1939191W. 19U1. l»,ll6 l,60U 2, 641 3.278 3.513 5.2?" '1,597 5.67'* 5,66g 5.925 8.269 13,668 5.161 5.303 7.362 12.993 Mar... Juna. 732 76U 2.U9U 6sk 708 2.'t2U Jnly An^aat Septembar 79U 797 2,528 191*2. 19li2-lprll. . . Octobar HoTeabar Daeeabar . 19l*3-Jannar7. Tabruary March April. . . . i/ 251 313 3t3 387 486 359 319 349 392 389 Other receipt 225 162 179 2l6 210 208 188 273 10/ 51511/ 286 ii/ 32 30 28 16 26 42 24 22 20 28 26 2. "176 6i«g 603 24 gjo 2.702 784 2.649 1 82U 190 5 207 724 1.075 1.555 1.396 . . Cuateaa Iks Iks 5.15ft Xxpeadltttree 1/ net aBonnta tranaferred to reder&l 01d-i«e Net Total and SurrlTora recalpta a^endltnrea Inaoraace Traat fund U/ lie a a Qroas receipts riioal yux or Bonth 31 ii/ General 5/ Var ac- tintlai 6/ fieTOl-rlnc fttnds (net) 1/ Irsaifan to trust aceavata, •to. 1/ Public dabt ratlradaflclt let bud^t 2/ aata 2/ 13 Appropriations and Net Contract Authorizations for the War ActlTltlTea Progri As of April 30, 1943^- (Continued) Data .. . . . . 15 Budget Receipts and Expenditures (Continued) - Table 3.- Analysis of General Expenditures (In mllllone of dollars) Direct and work relief Veterane' Adminis- FlBcal year or month tration Public WorkB 1/2/ IA2 6.1t37 5.86U 7,221 7.055 6,215 5.986 582 557 557 553 555 670 900 S90 715 669 19l»2-Aprll. 1*67 1*6 May... Juse. 393 700 7 5^ 51 57 1*13 »*7 193!* 1935 1936 1937 1938 1939 iguo 19U1 19lt2 July A^eust 1*7 5U9 679 685 8O3 Social Security program to agriculture 2/ 763 507 557 578 581 2,981 U.908 5.900 5.935 1933 Md 1/5/ it/ 18lt 1.896 -1 386 866 510 335 It 3'»7 l,lt72 2,2l*0 926 9U1 U81 517 392 ^^1 515 1.572 I.37U 970 326 290 283 257 163 .OUl .111 ,260 51*6 50 5^ 12 76 68 61 390 U6 29 SO '3 22 5^ 35 1*3 1*3 7 U6 35 22U 52 19 16 12 70 28 1*5 3"* 31 28 28 -18 353 U9 2 336 513 831 ,237 ,5^6 ,006 10/ ,091 51 9' 58 5^ 1*7 67 83 89 56 60 1*7 1*7 59 39 52 I9U3- January. February. March 391 1*7 36 31*6 itg '*5 601 U9 U9 111 111 127 U39 U6 35 101 April. 97 5i» UO a/ 21 of Social Security Act. For further details, follow on the Social Security program. 6/ JJ 8/ ^ 10/ MlccellaneoUB war activities Fiecal year or month Total 1933193't. 531 689 19351936. 1937. 900 929 302 2U3 273 383 378 350 297 ll32 596 673 891 2.313 8,580 May June 3.238 3,s6o 3,829 1,850 2.007 July lt,lt98 2.861 Au^st .... It.SSU 2. 875 1,103 1.376 September. 5,3811 3.519 October. . NoTember. December. 5,1*81 6,0lts 3.1*17 igUl. 19112. I9't2-Aprll National Selective Federal Federal Housing Service Treasury Security Worke Agency (adminis- DepartAgency Agency ment trative) u ItU 529 557 667 3.67s lit, 070 I9lt0. Agriculture Department 1 lt90 1*36 1.029 1.206 1,657 6,301 26,011 1938. 1939- Total miacellaneoue war actlTltloo l,59lt 29 -10 -21 -12 -6 99 310 62 111 3,362 696 5U3 65 80 119 7 513 53t 90 28 61 13 1.291* 633 572 91* U 1.596 1*67 51 a 1,1*78 1,025 1*33 1,101 1,307 1.309 1*02 5.825 3.538 3.770 1.380 676 21 19lt3-January... February. 5,9''7 i*.053 1,271* 5.770 March 6.7tit 3.239 3.985 2,002 2,053 620 528 705 18 12 17 April 6,97U 3.727 2.102 1,11*5 51"* 8 8 16 6 17 12 36it 283 258 223 lt2lt g5 509 200 191 227 2l6 220 2U lit '»5 16 11 22 5" "3 50 17 18 10 89 59 16 see tables which Work Projects Administration was formerly Works Progress Administration. Beginning with July 19U2, expenditures for the National Youth Administration are shown in Table U. Includes expenditures of the Reconstruction Finance Corporation for relief through loans and grants to States, municipalities, etc. Excludes e:iq)endlturea for the U. S. Maritime Commission, departmental expenditures under the Social Security progrsjD and the Department of Agriculture departmental expenditures. Includes expenditures for the following: Office of Education, and Public Health Service of the Federal Security Agency; refunds of taxes and duties by the Treasury Department; Post Office Department postal deficiencies; Federal Housing Administration; Treasury Department investments in Federal savings and loan associations; certain expenditures of the Panama Canal; and capital stock of the Federal Deposit Insurance Corporation, Home Owners' Loan Corporation, Federal home loan banks, and Dleaeter Loan Corporation. Gross e^enditures have been reduced $l6o millions representing the repayment of capital funds by certain United States (bvemment For details see footnotes to Table 1. agencies. (In millions of dollars) Navy Department 278 35 262 Table 4,- Analysis of Expenditures for War Activities War Department 332 U36 357 313 77 19 11 rreaeury Statements. Less than $^0,000. Includes public works undertaken hy the Veterans' Adolnlstration. Does not include expenditures for (l) revolving funds or (2) transfers to trust accounts, etc. These are shown in Table 3> Includes public buildings, public highways (including forest roads and trails), river and harbor work and flood control. Tennessee Valley Authority. Federal Public Housing Authority (formerly U. S. Housing Authority), reclamation projects and the Public Works Administration. Excludes certain expenditures for public works In connection with war activities by the Federal Works Agency, beginning July 19UI. CoB^rises Agricultural Conservation and Adjustment Administration. Agricultural Marketing Administration, Commodity Credit Corporation, Farm Credit Adminiitratlon, Federal Farm Mortgage Corporation. Federal land banks, Farm Seerirlty Administration, Farm Tenant Act, Rural IHectrlflcatlon Administration, and Department of Agriculture departmental ejqpenditures. Includes railroad retirement and railroad unemployment activities and excludes esqpenditures made by Office for Sbergency Management. War Manpower Commission (U. S. Ibiployment Service) under authority iJally y 1 689 757 821 749 lit 16 uoi 320 65U . 2 2U 26 38 7"* October. November December. 1.9 i/ 866 1*6 . 5/ Other general expenditures U95 51*1* . Other departmental 1.261t 312 . Interest on the put lie deht 29 Septemlier. . Civilian Conservation Corps 102 U29 930 966 988 1*7 . Work Projects Federal Bnergency Adnlnlstratlon and Relief AdminlBtraNational Youth tlon and Civil Works Administration 6/ Administration jj 1*5 62 297 lU 10 17 8 21 12 17 13 26 U2 15 17 15 19 US 50 50 17 12 17 111* 15 61 22 39 55 IB . . 16 Budget Receipts and Expenditures Table 5«- Analysis of Expenditures for - Revolving Funds and (1) (Continued) Transfers to Trust Accounts, Etc. (21 (la llllona of dollar*) Traniferi to truot accotmts, etc. B«Tolvla£ fundi (not) 1/ Tlacal 7«ar or month Voteraaa' Adaialtt rat Ion Public works 2/ Total Aid to agrl culture 2/ it/ 6 3"*6 1U9 3'*5 193't lUl -33 -18 221 7 1935 1936 1937 11 20U 121 92 1938 1939 19^0 19U1 19U2 5^ -136 18 20U ]l 1,820 6O8 U4 13U 101 -13 -S -6 -159 1/ 225 187 232 331 381 99 23 11 7 S. share) 1*1 7 '3 1U6 107 121 132 1U5 10 1 5 18 91 126 <7 93 103 17 • 2l»9 . . . 113 19 July August September. 6 107 19 7 2 5 October. RoToBbor. Dscenber. -2 -2 -2 7 16 23 25 -1 -1 8 16 I9U3- January. February. March . 1 April 3" 56 3 . I Colmbla (U. 1 Juno 1/ radaral coatrlbutlon to District of 6/ 32 1 •tay lid to aArlcultura 21 21 21 -1 IjUz-iprll OoTonuDOBt aaplojaat' ratlrement funds (U. S. share) 100 50 50 .773 557 129 7'» 1933 Social Security prograa 5/ 3'* 35 2 1 35 Sally Treasury Statonents. Less than $^,000. Additional transactions on Aid to apiculture and Public works are shown In Table 3 farm Credit Adulnlstratlon. Public Works Administration. Comprises Adjusted Service Certificate fund and the Hatlonal Service Life Insurance Fund, administered by the Veterans' Administration. 2/ ^ 2/ Includes railroad retlresient and railroad unaoployiBant aotlTFor further explanations see tables which follow on Itles. Social Security program. Agricultural Markotlng Administration (surplus commodity stamps). Oross expenditures haTs been reduced $155 mllllone representing tha repayment of capital funds by oartain United States OovomTor details see footnotes to Table 1. nent agencies. Table 6.- Totals by Months, Beginning with 1934 (In millions of dollars) Apr. Jan. July •tajr Aug. Sept. Sac. Oet. total Hat budgat receipts 1/ 211 203 228 23? 193"* 1935 1935 1937 1938 1939 206 1*20 21I* 601 752 967 916 687 79? 1,566 291* 218 230 308 191*0 271 315 m 19U1 31*0 191*2 191*3 578 ',J8 5U1 758 955 193"* 695 631* 1935 1936 1937 1938 1939 1*82 528 521 1)80 ^92 656 712 111 628 6,372 U7U 612 668 30U 565 3.51*7 5.206 1*21 231* 529 291* 31*3 1*99 828 77t 1*12 7't7 1*1*9 557 367 273 265 233 286 391* 1.276 i*l3 678 676 711 135 563 262 286 299 2l»7 211 218 27? 1*1*9 III 256 290 373 31*7 182 228 231 2,1*92 71*7 &5 611 561 U24 156 635 571* uoo Ul*7 397 587 3.1*92 l^ 517 823 672 521 71*0 25i 1.212 2.701 ,527 3.857 4,372 5.798 5,550 4,918 5.834 8,849 16,1*03 I 1.51' Budget azpandltures 2/ 191*0 191*1 191*2 19'»3 Het budgat deficit .075 573 570 636 766 705 820 822 399 ',629 ,1*21 >.119 35^ 153 1*81* 1*28 1935 1936 1937 1938 1939 279 293 300 198 385 398 771 2.050 693 695 631 730 783 ,315 191*0 I9UI 191*2 5.581* 191*3 Sonroa: 1/ 531* 1,871 2,11*7 566 §^ m 1*61 2U7 281 400 -200 -212 132 22 -167 -126 511* l.lUl 3.953 311* 262 316 166 2U5 22U l*gU 2,1*27 ^ 193'' L 61*3 ^V 369 U79 750 3.05s 5.952 Treasury Statements. Total receipts less net aaounto transferred to federal Old-Age and SurrlToro Insurance Trust fund. 1*30 1.253 930 895 887 1.528 't.530 252 230 .898 221* 61*5 818 1.598 5,160 393 282 J? 268 U51 U99 71*7 ill 339 237 252 .037 i*.iti3 275 125 231 105 195 402 258 1.185 3.391 77U 706 1.529 5.215 348 247 Sailor !^ 1*87 541* 570 676 632 718 71*1 1.874 5.931 ?5 149 177 -115 UO 65 Us 739 !628 701 632 677 565 737 721 869 2,083 5.937 441 405 273 UUs 536 1.637 5.331 Xxoludaa pabllo dobt rotlroaonto. fotal ozpondltoros loot not rooolpto 559 6>*8 817 1.858 6,363 312 255 331 171 296 284 1*55 1,294 5.761 636 607 716 635 830 832 1.172 2,542 6,500 251 173 199 -188 157 ?^^ U32 1.329 3.799 7,2** 6.682 9,21*1* 7.75^ 8,097 8.885 9.657 19.053 56.020 3.792 2,825 1*,872 2!447 3.967 3.823 10,204 39.618 17 BUDGET RECEIPTS AND EXPENDITURES 1938 1939 1940 194! DOLLARS Billion* J^AMJSNJMMJSNJMMJSNJM^AJSN^JMMJSNJMMJSN . . . . . . . 1« Receipts and Expenditures for Trust Accounts, Increment on Gold, Etc. Table 1.- Trust Funds (In BiUiona of dollars) Fiscal year or month Total trust funds, net receipts (-**) or net eiq;>endltures (-) Federal Old-Jk^ and SurvlTora Insurance Trust Fund Het fiaeelpts Unemployment Trust Fund Ixpendltures Bacelpts Het Ballroad Betlrement Account Ixpendltures Bet Beeelpts Other trust accounts 1/ Expenditures -5 1933. -5 +61* 19351936. 1937- +11 19 19 267 +37 +66 529 577 707 9I10 +3 +10 +9 1*01 530 5«0 717 1 267 1*02 +1 29 37 931 +J*7 37 June. +181 -205 +177 -215 July August .... September 55 +J46 +197 -227 +193 -229 1 October. November December +U2 +227 -273 ks 229 . +60 +27U -290 . +2lt +222 -260 +33 +236 -272 +I19 iJl 291* +12 +1 +1 Hajr... I9U3- January. February March . . . April. 'oe: • 1/ 294 763 838 751 837 95? 957 1,118 1,2U3 i.lii* l,2ltU 35 235 19U2-Aprll .053 858 +2I* *&* *ik 1938. 193919U0. 19U1. 19U2. 280 233 301 31* +20 2U 193'*. Bacelpts let +1 37 202 +2 +2 -2 +1 107 125 116 lUU +2l* 31*9 35 11*1* +20 +57 366 U09 512 327 325 331 389 U55 32 1*2 ii*6 109 123 127 32 +9 +9 +7 38 36 96 29 27 89 +13 +1 +2 160 1U7 Ul 66 +22 +6 +19 61* 66 225 « 62 1 323 -5 +2 220 6U t7 1 5^ 16 223 230 -2 +3 -1 52 210 220 30 * -1* 50 2 27U +40 -36 2U3 73 5^ 203 109 ito U2 261* 27"* 262 3t -8 -11 2 -2 -2 +1 33 +11 Ul 1 35 32 2 29 285 210 237 2,020 838 ll*8 25 285 70 Bipendltures 113 111* * 3>t 3" 1*1 68 U2 Ug 5^ 66 1*8 7U 58 1*7 82 71 91 35 85 Dally Treasury Statements. Less than $500,000. Includes OoTernment Insurance and retirement funds. Table 2.- Other Funds (In millions of dollars) Transactions In che^dng accounts of OoTsmnent a^ncles, etc. Fiscal year or month Total all transactions 1933I93U. 19351936. 1937- -818 -73U +637 +108 19381939. +31* 19U1. 19U2. -217 -3.625 tions 1/ +201* 19110. Issuance of obi lo- +31I* +768 .189 -U30 19'*2-Aprll. May... June. -1,1*17 Other transactions ! +1.106 +288 +852 -I.8O9 52 5 +90 +00 «*9 +20 90 -5 +11* 11* -1,069 -1,815 -176 -1*28 -296 -23 -51*8 -272 1*51 -5^3 -186 -370 -300 -8 -178 -25 -11 -31*5 -17 -1* -13 April. . 1*0 -51 -251* -311 -2 -5 . Beeelpts 176 i/ -337 -583 . Expenditures 11*0 +176 101 October. HoTember. December 19U3-January February March +11*0 -99 -12 -2 -1,120 9 113 1*01* Miscellaneous funds and accounts 2/ 2,000 i -91 -271 -2 1*1*9 Beeelpts +J*0 +12 . Xxpendltures -1*03 -78 -262 -25 . Receipts Seigniorage on sllTer +811 -111 July August. . September. . Increment on gold -289 +2 20 Expenditures . . 19 Means of Financing Cash Requirements ( JUuullt jwi riseaJl er BOntli Total •aonnt roqnlred to Iw financed In BlUlOM of dollara) raqnlred to be financed let bod^t deficit Bet inoreaae In Oeneral Jhnd balance Hsane of financing let expenditures In tniat accounts. Inerensnt on gold, Total anoTint flnaaced Increase U public debt >st daorease In Qensral ftand balance etc. a/ 1933- 3.052 l,78l> 1*5 193'». U.616 2.296 3.ao9 3.209 1936. 5.390 '».550 ste. S/ 1.720 1935- 823 5.390 i.38>» 1939. U,i6U 3.^ 19>iO. 3.611 3.6u 19U1. 5.99'» 5.103 7'»2 19.598 35« 19i»2. l,6U8 5.078 3.1'<9 1938. 3.052 U-SlU 3.209 8>K> 3.052 U,6l6 3.1'« 1937. let receipts la trust accounts, lacreaent on gold. 2.6U6 101 7U1 821 312 U.16U 2,528 IU8 5.99^* 5.99'» 3.506 23,U6l 37* 306 3.275 3.611 128 338 1.38U 23, '•61 622 890 9*7 I9>(S.^prll. 3,1SV 3.058 126 3.18* 2,^ 6*2 Msjr... 3.6>>8 3.391 257 3.6)t8 3.609 39 Jane.. 3.«5e 2.037 179 1.635 3.852 3.852 July ".Ti"* >t.Ul3 296 136 U "•.Tilt '».71lt 5^ U.683 i»,5li9 1,1>»S Aagust .... 2h5 't.798 '».798 59U H96 6.>420 6,1)20 b.gss Septeaber October.. 6>S0 5.331 loTSBber. 5.T61 5.761 12,05l» 3.799 SecsBber 19'*3~JanaaTr. 5.761 7.'i6l 3.212 79>» 12,05lt 13* 1,81* 12,051* • 5.719 5.5** 135 5.719 2,899 2.819 Tebruaiy. 5.386 5.16U 122 5.286 2,95* 2.331 Harch 2.696 2,lH7 5U9 2.696 1,1*83 1.213 390 5.952 i'k.390 iit,3iia 736 Ajrll. Soureei 1/ lit. Dally Treaiur7 StatsDenta. Xxcludes aoount for public debt retlrenent iriilch are chargeable to the slnklDg fund, ste., under special proTlilona of lav. 8. •38 2/ Conprlsss trust accounts, ehscklag accounts of OoTeraaeat agencies, ste, tnerenent on gold, seigniorage on sllTsr. and Blscellaneoua funds and accounts. Incrsasnt en gold excludes expenditures for national bank nots retlrsnents. *8 . . U 5 . . . . . U U 5 20 Social Security Program Section I.- Budget Receipts and Expenditures Table 1.- Social Security Act (la milllonB of dollare) • BacelptB Gross receipts Federal Inauranca Contributions Act (Old-age InBuraoce) federal ^Unen^loyment Tax Act (UnemploTment InBurance) y 1936 1937 1938 1939 19'»2 51U.U 631.2 712.2 788.2 1,015.6 19U1 19l*.3 GoU.l* 19'tO 530.l1 . . 265.0 3«7.0 503.0 537.7 661.3 868.9 2.9 9.J 1.0 36.8 5-2 201.1* 11.7 3.3 1*9 .U ''.7 . -12.8 57.8 90.1 100.9 107.5 97-7 119.9 39.2 203.7 3.7 52.2 220.1 July ^ 60U.7 690.6 895.6 U2.0 213.0 19U2-April Hay June Net receipts 2/ 252.2 Au^at Lees amounts credited to Federal Old-Age and SurvlTorB Insurance Truat Fund Social Security taxee riacal year or month 2.8 8.5 209.1* 211.7 217.1* 128.2 171*. 126.9 IU6.7 l.U 5.1 10.7 }•! 1*7.1 September t.3 3.'t .9 l.S October. November December. li6.6 U3.9 231.1 3-5 2.6 8.7 1.0 1*1. 1» 5-1 228.5 37.1 236.7 2.9 13.6 99.0 3.a 35.3 23».9 1.0 11.2 3-5 15.U 100.9 3-3 1*0.8 . 239.8 . t.5 19U3-January. February. Marcb 50.7 . 335-8 6.1 April 46.7 1*3. 1..0 5-1 5-8 Expenditures GrantE to Statee Public Health Service Social Security Board PI seal year Adminlstrative e:^enseE or month Total Old-age Aid to Aid to aselet- dependent the ance children blind 1936. 1937. 1938. 1939. 28. 1| .6 182.7 332.5 15.8 20.0 31*3.3 19'tO. 381*. 2 19141. UU9.I1 191*2. 50U.U 21.3 25-3 31.5 31.5 U9.5 19l*2-April. 27.8 166.9 271.5 320.3 356.5 1*15.2 U69.6 U6.6 50.2 19-7 12U.8 182.2 208.8 227.6 260.1 2^9.1 2.0 lU.l 25.5 31.0 U5.U 63.2 69. u 1.0 U.6 5.2 6.2 7.1 g.O Unemployment coo- peneatlon administration 9.1 U1.9 58.9 58.3 63.0 70.3 Public health work 2.U 7.8 8.9 8.0 9.U 10.8 11. 2.9 .1 11.5 1-3 13.1 6.8 2.9 .8 .U 3.3 3-5 .6 .9 9 53-2 11.5 July August. September 78.8 UI.7 21.2 2.7 2.7 2.5 75-9 38.7 18. U7.2 26.0 11.0 October. November December 63.2 38.9 3U.S 2.8 2-3 2.7 60.1 36.U 31.9 35.2 2U.S 2U.9 8.2 6.U 2.7 1.0 7 .U 3.0 2.0 58.9 56.1 26.3 j9.9 30.9 16.U 27.2 6.9 U.U 3-2 .9 .U 10.8 29.3 U3.U 2.6 2.8 3.3 61.6 3-0 58.3 38.6 8.2 19l*3-January. February March April. . . . . .. . Maternal Services and child for health crippled services children War Manpower Commlselon Child welfare (U. S. services Qoployment 1.0 3.1 3.8 1:1 5-5 5.9 .6 2.1 2.7 3.0 • .7 • 12. Refunds of taxes 3-3 U.O U.O - .2 1.0 l.h 1.5 1-5 1.6 2.6 7.7 6.3 May.. June. . Sinergency Management Service) U.U 9-5 3.2 28.8 32.6 U.3 2-5 2.6 2-5 8.7 Office for Department of Labor .8 .2 .1 5 • 2.U • 3 • 3 5 .2 2.3 .2 1.3 .3 3.1 3.8 6.5 5 .1 • 1.7 .1 U.7 2.1 2.U £zceBB of expenditures ^ « . . . . 21 Social Security Program (Continued! - Section I.- Budget Receipts and Expenditures - (Continued) Table 2.- Railroad Retirement Act (Ib alllloM of dallari) Sxpendltnrea Boeeipti Tltcal year or Bontb Carrlera' Taxing Act of 193T AdmlnlatratlTO ezpeases Total 1/ 1.5 2.6 2.9 2.6 .3 1U9.0 110.0 123.3 128.2 150.1 109.3 121.0 136.9 170.0 19'tO 191*1 19U2 •tar A6A 107.1 120.7 12l».H 30.9 -g.5 -3U.5 112.6 112.2 .5 .5 1.0 11.5 36.5 113 2 .6 7 .5 .7 1.1 3U.0 8.2 kZ.B .5 .U .5 .5 -36.0 33-5 .5 •5 .U Itapch Ul.g .1* 3.0 35.1 1/ 2/ 3)».o .1* .5 3U.7 Szpendlturee fi&ilroad unemployment ineurance eontrltmtlons 2/ 1936. 1937. 1938. 1939. *.9 6.8 8.5 191*0. 191*1. 191*2. 19U2-Aprll. May... Jane . Jiil7 Auguat .... September October. Hovenber December. . . 1943- January. c. lebrttary. March April. 32.1 Includea only expendlturee from approprlatlona Bade apeclflcally for adnlnlatratlTe axpenies relatioc t° ^^^ Ballroad Setirnant Act. CoTered by appropriations from the Oeneral Tvn& of the Treaaury. (In Billions of dollara) Tiaeal year or Bonth 33 .U -6.9 -1*1.3 Table 3.- Railroad Unemployment Insurance Act^ Receipt 32.8 -7.7 .It 1.1 Bally Treajury Statenents. Leaa than $30,000. -10. 5 April • 2 -g -21 31.5 35.0 Soorce: 1 -1 lUo.S July AugoBt September l^k^-JauoBXy Tebroary 2/ .6 .6 Jime October HoTeober Deceaber Ixeeaa of expenditure* 7.6 1.2 9.0 19l»2-Aprll Be funds of tazea .3 .3 1936 1937 1938 1939 Tranefera to Ballroad Batlreunt Account (truat account) U . sg Social Security Prob'ram - (Continued) Section II.- Statements of Trust Accounts Table 1.- Federal Old-Age end Survivors Insurance Trust Fund-^ (OuffiulatiT« from orgaalzatlon - In sllllonB of dollare) Xxp4ndlturaa a«e«lpt« End of flaoal yoar or sontb 1936. 19371938. 1939- AppropriaTotal tions by ra oflipti Oongraia Intaraat InvestDants 2-3 17.7 Total oxpendlturae 01d-a«a banaflt paynaata Unexpanded balaaea Baiaburaamant for adainlatratlTa ezpaneaa 2/ Total 267.2 777.2 1,180.3 lavaatnanta 267.1 662.3 1.177.2 1.738.1 2,380.6 3,201.6 In Oaneral In dlaburaing ]\uid offlcar'a aeoount .1 .1 113-0 1.9 267.3 782.7 1.199.6 1.792-1 2.536.2 3.502.8 265.0 765.0 1,155.0 1,705.0 2.393-1 3,288.8 87.1 lUi.i 2lU.l 138.6 275-6 3,868.9 4.105.7 ',108.5 216.1 216.3 217-3 373.8 388.2 '03.6 291.7 317-9 82.1 83.9 85.7 3.711-2 3.933.8 3,922-2 3. 61*5. 3.632.'^ March U,085.0 ',322.0 U, 325.8 3.893-0 276.0 u.u 25.0 25.U 2U.g April '.369.5 '.151.9 217-6 '19-7 331." 88.3 3.9'»9-8 3,880.0 U5.5 2l^.2 igw19U1. 191*2. 19U3_January. February. . cs: * \J Ul*.6 Dally Treasury StatameutB. Laaa than $50,000. Includes transactions effected under the predecessor Old-A^e Eeserre Account. 5-"* in 19-3 35-1 99-5 209.8 301*. ? 2/ 12.3 39-1 65.9 Under Section 201 of 1939- Table 2.- Railroad Retirement Act l,7l^^.7 2,397-6 3,227.2 Cf) .1 -5 6.2 5-2 llO.S of the Social Security Act amendments 1° 6.1 10.8 20. > 83 Cash Incotae and Outgo of the Treasury, by Major Classlf Icationsi^ (la alUloBi of dollart) 2^ CASH INCOME AND OUTGO OF THE TREASURY MMJSNJMMJSNJMMJSNJMMJSNJWMJSNJMMJSN J M M J N S J M M J N S M J J IS Excess Ntgatlv N « of JMMJSNJMMJSNJMMJSN Cash OutAo fpr*fni figurts tjcmat of Cash Income / IZ ^Jl 3 Month ., -I ^ J'>v**-r4lT|l«4iili;lTl|l^ JMMJSNJMMJSNJMMJSNJMMJSNJMMJSNJMMJSN li I I 1938 I I 1 I I I I 1939 I I I I III I I I I t r 1940 1 r I I 111 I I I I I I 1941 I I I I 1 ] 1942 I I I I I I 1943 I I I I II . GENERAL FUND OF -25- THE TREASURY . . . . 26 AsBete of the General Fund of the Treasury (In Billions of dollars) End of fiscal jaar or sonth Bolllon, coin, and correncr Total 1.103 3.033 2,016 2.936 2.709 W"* 1935 1936 193T isU 1.0U5 i.ouu 865 1.863 3.0S7 2.038 2.812 1933 19110 1.1911 igUi 19U2 37 55 58 55 611 776 8O5 661 1,679 265 1,579 1,666 1.679 226 250 265 2,0111 289 338 3U7 '•35 52 95 105 < 1.021 1,880 2.UII 931 915 863 619 512 1,516 3,373 1.695 8,166 8,200 5.895 U.758 Au^st 926 907 909 U.032 July 857 872 871 U65 623 6U3 6,367 3.892 2,69U 511 509 1,215 10, Ug? 529 3.782 3.695 ll,6g8 September October November December 5.313 3.557 l^k'i-Jaix\i»rj February March 883 13.112 April Source: 31 799 1.150 6U9 553 569 900 897 837 522 382 603 889 • secoritiss Other deposits and collections 929 1.022 25U 1.02U 603 98U 697 3.216 3.198 19Us-Aprll May June GoTemment 51 87I1 3. "1*3 of 97 118 862 lUl 827 1938 1939 Special deposits account of sales Deposits In Fedoral Beser76 Banks 390 li87 550 Dally Treasury Stateoents Balance In the General Fund of the Treasury (In mllllonB of dollars) Ind of fiscal year or month Total assets Total liabilities Balance In the Oeneral Fund Analysis of balance in the Oeneral Fund 1/ Working balance Seigniorage on silver Increment on gold 862 2.582 I.8UI 2,682 2.553 862 1.771 1.001 2.069 2,000 2,216 2,838 1,891 2.633 2.991 1,622 2, 160 1,163 1,885 2,229 UU6 536 585 605 3.1113 117 179 I52 619 117 H12 113 113 113 3.216 3.198 3.113 365 386 152 2,851 2,812 2.991 2,089 2,050 2,229 618 619 619 113 113 113 3.782 3.695 U.688 Hql 3.288 3,151 1,302 2,525 2,392 3,510 619 619 619 113 October. November December. 5.313 3.557 11.032 I116 1,896 3.082 10.513 1,131 2,320 9,780 619 619 619 lUU iWl 19't3- January.. 8.200 5.895 1.758 177 503 7.721 5.392 1.179 6,961 1,630 3,116 619 llUi 619 619 lUU 13.112 195 12.617 11,851* 619 1.103 3.033 2, 016 2.936 2.709 2l0 151 175 2.ltl9 203 2iie 19U1. 3.087 2.038 2.812 19'12. 19U2-April. May... June. 1933. 193'*. 1935. 19361937. 1938. 193919I10. July August .... September. February. March April. Source: 1/ Daily Treasury Statements, In the. fiscal years I935 and I936. $91 millions and $551 millions, respectively, were transferred from increment on gold to the worldng balance for retirement of national bank notes. In this statement, however, chargee 2511 156 511 386 175 1(89 579 811 mo 316 356 for retirement of national banlc notes are reflected against Increment on gold in the years during which were actually made. Inactive gold in the amount of for the fiscal year 1937 is considered as a part of balance 700 297 198 lltU litit lllU lliU directly the retirements $1.0S7 millions the working . . a . 27 Analysis of Change In Balance of General Fund of the Treasury [in Bllllona of dellart - let Increase or net deereaae (-TJ Chan^ during fiscal fear or nonth total change In Oeneral fond balance Vorklns balance Total vorfclsc baloBce Oeneral and Pabllo debt pedal truet account ^ aocomnta 1/ aecoxuite 2/ Klseel1 ana one fanda and account W5 193^. 1,780 Selg&lorac* OB OoTerBitent •llnr r>i4 5/ a^nei**, •to. !t/ 1933- Chacklsg mccountt of 1*5 -1,78* 3.052 -5 .818 90« -2.896 U.51'* 21* -73* -769 6/ 1935- -3.209 1.739 1/ 61* 637 ll*0 -Ul 1.067 6/ -^.550 5.''75 1/ 3* 108 176 -*03 6/ 811 1936. eko 1937. -128 -70 -3.1'i9 2.7U6 1/ 19 311* 1(0 -99 1938- -338 -377 -1.381* 792 1/ 11 20I* 90 -51 1939- 622 537 -3.5^ 3.280 1/ 29 2 768 90 -5 19>Ki. -91*7 -997 -3.6u 2.528 37 16 3* 1*9 19U1. 7112 722 -5.103 5.99"* 37 11 -217 20 19>«. 358 31A -19.598 23,1*61 66 39 -3.625 6/ 11* -189 -6I.3 -3.058 2,51*2 1*7 15 Mv... -39 -39 -3.391 3.609 181 -9 -1*30 June. 179 179 -2.037 3.852 -205 -lU -1,1*17 19>iS-i^ll. 296 296 -l*.'tl3 i».71'» 55 20 -78 Au^lt .... -13U -13'» -i»,62g i*,5l*9 197 10 -262 September l.lUg l.lUg -3,1*01* i*,79g -227 6 -25 -583 July October. 59"* 594 -5.331 6.1*20 60 27 KoTenber -l.glU -1,811* -5,761 3.212 27I* 13 1*1*9 December 7A61 7,'t6l -3.799 12,051* -290 1*U -5U8 19U3-J«nii*PT.. -2.819 -2,819 -5.581* 2.899 2l* 27 -186 rebruary. -2.331 -2.331 -5.16U 2.95* 222 26 -370 March.... -1,213 -1,213 -2,ll*7 1.1*83 -260 11 -300 8.U3B 8,1*38 -5.952 ll*,3l*2 1*9 16 -17 April Soorca; • 1/ 1 2/ ^ I*/ ^ Dally Treasury StateBents. Lees than $^,000. This Is the net budget deficit. Sxcliuiea aBounta for public debt retlresent which are chargeable to the sinklog fu&d, etc., under special proTlsione of law. This represents the Increase In the gross public debt, (See footnote jj .) except as noted. Includes federal Old-A^ and SurTlTore Inaurance Trust IWd, Dnaaployvent Trust Fund, Ballroad Betlrement Account. OoTernnent Insurance and retlreiient funds and other trust funds. CoKtprlses Public Vorks Adnlnl strati on roTolTlog fund and apodal deposits (net). Also Includes Agricultural Markatlng Administration cosmodlty food staapa transactions. Includes expenditures for retirement of national bank notes. 6/ 2/ In the fiscal years 193^ and 1936, $91 millions and $5^ millions were transferred from Increment on gold to the working balance In this statement, howfor retirement of national bank notes. ever, charges for retirement of national bank notes are reflected directly against increeient on gold, in the years during which the InactlTe gold in the amount of retirements were actually made. $1,087 millions for the fiscal year 1937 le considered as a part of the working balanct, general and special accounts for the purpose of this table. £xp«ndltures for the retirement of national bank notes from increment on gold for the fiscal years 1935 to 1939 (as shown below) are not reflected herein, but are reflected under increment on gold as follows; 1935 - $91 millions, 1936 - $397 millions, 1937 - *99 millions, 1938 - $51 millions, and 1939 - $5 millions, total - $61*5 millions. The increases in the public debt shown in the table Means of Financing Cash Requirements for the above fiscal years will not agree for the reason stated abore. PUBLIC DEBT OUTSTANDING 28- . . 29 statement of the Public Debt and Guaranteed Obligations Outstanding (In llllone of dollare) Ind of flacal year 1933 Sacurltlai lasued t>7 1935 95^ 2,108 10, 023 5,216 9.007 i.uou 1.517 6,653 9.333 7.177 21, si^ 26,08>» 26,950 th* tbltad Stataa latarast-baarlnc dabt: Pablle lasuai: Karkatabla lasnaa Traaaurj bllla Cartlfleataa of Indektadsaaa Treaauly aataa Traaanry bonda Othar bOBda Total aarkataUa laanaa Bon-Barlcatabla I93U 2.053 12,&gU 2.190 lanaa aarin^ V}nda Traaaury notaa - tax aariaa U. S. 6s MJuatad aarrlce bonda Oapoaitary bonda Total non-sarketabia laauaa 62 Total public laanaa 21,831* Special laanaa: Adjuatad Serrlca Cartlflcata fond 7adaral Bepoalt Insuranca Corporation. Tadaral 01d-A|;e and SorrlTora Inanraaca Truat Tnnd Tadaral SaTln^ and Loan Inanraiua Corporation GoTarnnent Llfa Inanranoa Tnnd GoTarnneat Batlraaant Tanda National Sarrlca Llfa Inanranea Tond.. Foatal SarincB Syatana Ballroad Hetirament Account UneBployvent Truat Tund Total apeclal laauaa Total Intaraat-bearlnc 92 22,158 Matured debt on which Intareat haa eesaad. Debt bearing no Intereat: United Statea aaTlnga ataapa United Statea notea (leaa gold reaerre) Dapoalta for retirement of national bank 66 191 and Federal Heaerra Bank notea Other debt bearing no Intareat 119 Total debt bearing bo Intereat 315 5 Total pdbllc debt outatandlng 22.539 Seeurltlea guaranteed br the United Statea 1/ Intereat-bearlng debtl Public leeuea: Marketable laauea CoBoodlty Credit Corporation Tederal Tan Mortgage Corporation.... Federal Boualng Admlnlatratloa Federal Public Housing Authority Home Ovnera* Loan Corporation Seoonatruotlon Finanoa Corporatlen. . Total aarkatabla iaauei Hon-Barketable laauea CoBnodlty Credit Corporation 2/. Total iatereat-bearlng debt Matured debt on vhioh Intereat haa ceaaed.. Total aeeurltlea outatanding guaranteed by the United Statea Total public debt aad guaranteed obllgatlona 1/ Interest-bearing debt Matured debt and debt bearing no Intereat. Total outatanding Source: Dally Treaaury Statementa. Leaa than $500,000. 22,158 381 27,012 156 100 _ 231 3B3 daM 26,0SU c . . . 30 Composition of the Interest-Bearing Public Debt Intareet-baarln^ public debt outetandlne 1/ (In allllona of dollars) End of fiscal year or aonth Bills and certificates of indebtednaes Total 22,15« ll«,223 26, It 80 1933. 193U. 19351936. 1937- 16,510 1U,936 18,628 a, 322 27,6^5 32,989 35,800 36.576 39.886 1938. 193919UO. 19U1. »t2.376 23.599 27.566 29.917 U8,387 71.968 31I.966 6it.U96 '»5.363 6(,108 71,968 '«.157 'W.776 Jnljr 76.6qU Au^Bt .... si.zm 51.765 53.680 19'*S. I9U2-APPII. K«y... June . . "•8.776 U,5U8 6,653 10,023 11,381 10,617 3,063 2,921 2,053 9.1t7 7.2U3 6.383 5.698 9.703 Percent of interest-bearing public debt Special isauea Total 64.2 62.4 54.0 56.5 59.6 323 396 633 626 1.558 100.0 100.0 100.0 100.0 100.0 1,154 1,308 1,302 1.603 5,6o4 2.676 3.770 '>.775 100-0 100.0 100.0 6,120 7.885 100.0 69.1 70.6 72.3 67.8 8.315 8,670 9.703 3,460 3.764 5.604 7.358 7,518 7.885 100.0 100.0 100.0 10, 046 6,759 8.873 10,829 8.125 8,262 8.509 2,35"* 2.303 Bills and certificates of Indebtedness Bonds 20.5 25-1 36.3 Special issues 29-7 13.8 11.0 7-4 7-1 6.4 1-5 1-5 2-3 1-9 K.3 25.0 18.2 15.1 11.8 13.1 3-2 3-3 3.1 3.3 7-8 7-3 9-5 11.3 12.6 11.0 70.3 70.8 67.8 12.9 12.7 5-t 5-5 7.8 11.4 11.0 IS."* 100.0 100.0 100.0 67.5 66.1 63.4 13-1 12.8 14.1 8.8 10.9 12.6 10.6 10.2 100. 3"t-5 11. Septembsr. 85.8U7 5it.Ui3 10,428 12.095 October. . 92,265 NoTeai1}er . 95.'»58 Decemlier . 107.308 57.285 57.991 64,868 15.059 15.798 16,247 11.336 12,882 17,161 8.585 8.787 9.032 100.0 100.0 100.0 62.1 60.8 60.5 16.3 16.5 15-1 12.3 13-5 16.0 9.3 9.2 8.4 66,076 66,905 16, 612 100.0 100.0 100.0 60.1 59.2 99.3 15.1 ip.l 14.1 16.5 17.2 17.8 8-3 8.5 8.8 58.4 13.7 20.4 7.6 19U3-Jiinu«r7. .. 110. 02U February. March 112,851 llU.287 April. 128,643 Source: 1/ 67.71*5 16,988 16,143 18,163 19.393 20,396 9.172 9.565 10,004 75.070 17.580 26,198 9.795 Qaily Treasory Statementa. Does not include securities laaued >y federal a£eael*e anA guaranteed by the United States. Public Debt Receipts and Expenditures (In millions of doUars) Fiscal year or Bontb 9-9 31 CO . . . . . 32 Computed Annual Interest Charge and Computed Rate of Interest on the Interest-Bearing Public Debt and Guaranteed Obligations (In millions of dollars) Snd of flBcal year or nonth Intereet-bearlng debt outstanding 22.158 27.161 31.76s 37.707 UO.U65 1933 1931* 1935 1936 1937 Computed Interest-bearing debt outetandlng 3-350 3.169 2.716 2.573 2.588 22.158 71*2 26.1*80 8U2 27.6U5 32.989 35.800 8l*5 1.068 2.57? 1.11*9 2.53't 2.51I* 36.576 39.886 Interest charge 7't2 86l 863 970 1.01*7 1*2.376 1*8.387 2.260 71.968 1.61*1* 61*. 1*96 706 729 2.329 2.312 2.260 1.527 1.600 81,2U5 85.811 90.399 I.809 1,880 1,938 2.227 2.191 2.163 76.69U 96.509 99.702 111.591 2.01*5 2.119 2.093 2.053 92.265 301 117,126 2.336 2.383 118. 637 133.006 li7,87lt 1, 5't.7't7 1, 191*2 76,517 1 19U2-Aprll May.. 70,163 73.775 76,517 63'* August September October . November December. 1943-Jsnuary ?ebruary. March. . . . April. Source: 1/ . 92fi 2.1*38 1938 1939 19U0 19U1 July. 751 9U7 1.037 1.095 1.218 U1.U28 '5.336 June. Computed annual Interest charge Comput ed rate of interest (Percent) an n ual 11"*, 203 335 729 Total guaranteed by Total lesued by the United States 1/ Total IsBued and guaranteed by the United States 68,108 71.968 1.61*1* the United States 2/ Computed rate of Interest (Percent) 3.350 3. 181 2.715 2.562 2.582 2.589 2.600 2.583 2.5I8 2.265 2.368 2.3U9 2.285 Intereet-bearlng debt outstanding 681 lt.123 It. 718 i».665 i*.853 5. '•50 5.U98 6.360 i*.5i*9 Computed annual Interest charge 18 112 125 123 2.710 2.720 2.650 2.633 121 112 109 2.1*98 117 85 1.878 i*,55l l*,567 gl* ,81*8 81* I*, 552 SU ,81*3 ,gl*8 i*,2l*3 81 81 82 I.9I8 1.91s 1.905 907 908 893 1.890 2.21*9 107 308 . 1.96U 2.010 2,210 2.129 2.106 2.059 2.01*1* 110.021* 2,251* 2,302 2.1*16 112.851 111*. 287 2,33't 2.01*9 2.01*0 2.01*2 '*,277 2.035 2.037 '*.350 82 82 82 2,651 1.993 128.61*3 2,569 1.997 ",363 82 2,092 2.291 85,81*7 95. '•58 Daily Treasury Statements. Treasury bills are included in Interest-bearing debt flgores at face amount, but for the purpose of calculating the computed annual interest charge ajxd the computed rate of Interest, Tor the purposes of computing the the discount ralue Is used. annual interest charge and rate of tnterast on Onlted States 2/ 2.210 2.159 2.052 1.978 I.83U 1.861 106 106 85 5.666 5.667 i*.5i*9 1.725 I.79S 1.853 81.21*1* Computed rate of interest (Percent) 1*.2U1* l*,2g3 '.275 .878 ,861 savings bonds. Series A-£ are considered to yield 2.9O percent per annum and Series F is considered to yield 2.53 percent. Excludes eecurltles guaranteed by the United Statee which were sold directly to the Treasury. Consists only of securities guaranteed by the United States as to both principal and interest 33 Maturity Schedule of Interest-Bearing Public Marketable Securities Issued or Guaranteed by the United States IL As of April 30, 1943 (In Tear and month llllons of dollars) 3^ Maturity Schedule of Interest-Bearing Public Marketable Securities Issued or Guaranteed by the United States.!/ As of April 30, 1043 - (Continued) (In allllona ef dollire) Tear and aonth 35 Offerings of Marketable Issues of Treasury Bonds, Notes, and Certificates of Indebtedness Since January 1, 1940 1/ 3 . 8 36 Offerings and Maturities of Treasury Bills, Beginning April 1, 1042 Bata oa new Issoea D&ttt of new iBtoa or of maturity of old Issue Maturity date days to ubsorlptloas aturlty tendared lUlone of dollars) 1942- Juw June July July July 18. 19. 15. 22. 29. 78 72 91 91 91 6. 13. 20. 27. tag. 5Aac. 12. *»«- 19tag. 26. 91 91 91 91 June 3* June 10. Sept. 2. Sept. 9. 91 Sept. 16. Apr. Apr. 15. Apr. 22. Apr. 29. May May May May June 16. June 17. June IS. June June g: aturln^ iaouat of cash (In 19l*2-Apr ATsra«a price per haadred (In Billions of dollara) 0.221 0.264 0.281 0.317 0.335 W1.3 150 250 251 251 99.910 99.907 99-908 99-908 0.358 0.36s 0.365 0.365 91 U96.6 690.3 251.3 300.8 99.908 99.907 0.365 0.366 91 801. 301.0 99.9O8 0.365 712.6 301.1 99.914 0.362 6i»5.2 301.9 300.1 301.2 351.9 350.3 99-909 99-908 99-908 99-907 99-907 352.6 350.7 352.4 353.0 375-'« fd 567.2 85 Sept. 30. Oct. 7. Oet. lU. Oct. 21. Oet. 28. 91 91 91 91 91 *a«5. tag. 12. tag. 19. tag. 26. Hot. U. Not. 12. Hot. 18. Hot. 25. 92 91 91 583.0 59U.O 711.5 891.6 Sept. 2. S»pt. 9Sapt.l6. Sept. 17. Sept. 23. Sept. 30. See. 2. Dec. 9. See. 16. 91 91 91 872.9 709.8 882.3 350.9 351.2 402.1 Dee. 23. Doe. 30. 91 797.1 725.6 401.5 401.1 Oct. 7Oct. lU. Oct. 21. Oet. 28. 19U3-Jan. 6. Jan. 13. Jan. 20. 91 91 91 91 773.2 400.2 400.4 50S.1 504.6 Hot. k. Hot. 12. rek. 3. ttt. 10. Teb. 17. 18. 2l». 91 91 6i»6.l 650.7 679.3 98U'.8 893.2 91 90 91 91 905.7 1.013.2 1,157.'* 500.1 501.4 501.5 501.2 Hot. 25. feti. Dec. 2. Doo. 9. Sec. 16. See. 23. Dec. 30. Mar. 3. Mar. 10. Mar. 17. Mar. 2l». Mar. 31. 91 91 91 91 91 1.220.3 1.222.9 1.293.8 1.220.8 930.3 601.1 603.0 Apr. 7. Apr. lU. Apr. 21. Apr. 28. 91 91 91 91 ,242.6 ,228.7 306.7 ,016.7 600.1 601.5 701.5 702.2 12. 19. 26. 91 91 91 91 1.301.8 I.0W1.9 Feb. 2U. May May Hay Maj 1.054.7 701.9 707.8 703.0 700.8 Xar. Mar. Mar. Mar. Mar. 310. 17. 2U. 31. June 2. June 9. June 16. Jtme 23. June 30- 91 91 91 91 91 1.394.5 1,382.3 1.302.7 1.329.9 1,101.1 701.3 705.3 802.2 802.1 8O5.I Apr. 7Apr. lU. Apr. 21. Apr. 28. July 7July Ik. July 21. July 28. 91 91 91 91 1.104.1 1.359.6 1,622.3 1,585-8 804.7 804.0 904.7 901.8 I9U3-J«a. 6. Jan. 13. Jan. 20. Jan. 27. »eb. 3. Teb. 10. Ui. 17. 5. (Fsreent) 99.952 99.947 99.929 99-920 99.915 33't-l Sept. 17. Jan. 27. Zqul Talent averace rate 1/ 150 150 150 150 150 356.7 311.2 332.7 July 1. July 8. Ju37 15. July 22. July 29. OT. Aaoxut of Bids aoeaptad HuBlier of 1.1*9.2 l.lll*.2 503-2 504.8 600. issue total Mils outstanding (as of date shown in first oolunn) 7 . , . U 7 1 37 Sales of United States Savings Bonds Table 1.- Summary, by Series (In ollllons of dollars) Analysis of net change Fiscal year or month Amount outBtaodlng end of fiscal year or month l/ Het change daring fiscal year or month Red empt tone Oross sales Accrual Adjustment Total funds received of sales reported to funds recelTed 2/ Sales reported of redemption ralues Total 1/ All terlea U/ 19110 62.0 316.1 799.6 1.237.7 1,868.1 2.90U.7 19U1 19U2 10,188.2 1935 1936 1937 1938 1939 ll,3lU.O igltS-Aprll 8.951.0 9.569.0 Majr Jon* 10,188.2 Jnlj Angoat 11,077.8 . . . 11.751-2 September 12,U78.8 Ootobsr 13,380.8 62.0 2511.1 »«3.5 +*138.0 630.5 1,036.6 l,lt09.3 5.87»1.2 515.1 6I8.O 619.2 62.6 264.0 512.6 087.5 684.5 1,108.7 1,492.4 5.99'!. -65.1 -12.8 62.6 264.0 512.6 487.5 684.5 ,108.7 1.557.5 6,005 05.9 1.2 7.2 17-1 28.0 42.1 65.0 87.5 5-9 .5 530.5 -3.2 533.8 634.U 16.0 618.4 5.8 633.9 5.8 628.2 11.2 36.2 66.6 82.0 114.3 148.1 207.4 8.0 889.7 673.3 727.6 900.9 -3.3 904.2 14.3 697.3 27.3 669.9 8.2 75^. -72.7 827.4 7.2 935.0 *130.7 804.3 7.2 734.6 g.5 726.1 6.7 -23.9 1.038.1 11.4 HoT«mto«r., lU,07g.3 902.0 698.0 Dacea^er.. 15,0119.8 1970.9 1,014.2 1.196.3 821. 1,240.4 7.2 1.233.2 18.8 887.2 16.3 870.9 10.5 823.2 944.3 6.7 937.5 10.2 1.376.3 1.469.7 . . . l6,2U6.1 7ebruai7. 17.067.5 Mvoh 17. 890. Apr— ... 19,267.0 1943- Jsnuary . 1935 1936 1937 1938 1939 19UO igUi 19U2 19U2-Aprll IU7 June July August . . . SeptM%«r. October... SoTember . Oeeeaber . I9'l3-Jenu»ry... Maroh April -7'*. 7 p 1,544.4 p 9.4 102.8 Original purchase price \/ Interest accrued 1/ 3 . . . 1 3« Sales of United States Savings Bonds - (Continued) Table 1«- Summary, by Series - (Continued) (In mlllloiiB of dollars) Analjsli of net change AjDOunt Tlecal Tear or month outstanding end of flacal year or »ontb 1/ Eet change OroBB ealee during fiscal /ear or aonth Adjuetsent of sales reported Total fande received Bademptlons A-ccnuLl Sales reported to fonfts of redemption ralnes received 2/ Sartaa I 203.1 3,670.8 +203.1 *3,'t67.7 203.1 3.526.3 3.2*8.9 3,670.8 +316.7 +412.3 +421.9 326.7 421.8 433.2 Jmly Ao^at .... >l. igitz. igUa-Aprii Hay... Juna.. 2,g;;6.6 11,165.1 +491*. 508. 600.8 5.088.8 ^35-7 454.0 Saptefflbar. +488.0 509.9 Octobar Hovambar . Dscembar 5.726.3 6,237.* 6,923.2 +637.5 +511.1 +685.8 664.8 541.6 725.8 7.693.7 814.9 633.6 720.4 1,006.8 . . . 191*3. Jaauaij. .. labruary. 8,267.11 March 8,873-9 +770.5 +573.7 +606.5 i^ll 9,796.0 +922.1 -15.0 203.1 3.5>n.3 -6.6 +l4.2 fi6.5 419.1 +7. +13. -35- 79. -1. -19- ^x +7-7 -23-3 P 1,030.1 p 1-5 Original porchase price ^ Interest accrued . U 9 7 q . . . . 5 59 Sales of United States Savings Bonds - (Continued) Table 2.- Sales Reported by Series, Classified by Denomination Sal«a In aillloas of dollar* »t itstia prle* flac&l 7*ar or aoiith fotiil P«rc»atBce dlatribntlon of aalat Total all danoainatloni 25 »50 $100 «500 $1,000 100.0 100.0 7-1 17.3 6.5 9.7 20.1* 20.0 18.1 1*6.0 22.8 25-3 31.7 10.6 11.3 12.3 2i*.a 97.* 79.7 100.0 100.0 100.0 100.9 69.1 S6.3 100.0 100.0 100.0 31.8 12.0 13.3 13.2 22.5 22.3 22.0 13.5 90.9 13-* 13.7 13.6 21.1* 21.1* 11.7 11.1 12.3 Stnoalnatloa all dea^laatloaa $25 $30 $100 $500 $1,000 $5,000 $10,000 Donoalaatloa *5.000 B«rl«> I 203.1 3.5*1-3 Ik.k 613.1 13.3 3U2.g 76.0 35-5 105.1* 1*7.2 Jun* 333.2 416.5 U19.1 July 500.5 ISUl 1/ i9Ua igUS-Aprll MV 132.8 51-5 60.2 5«.6 72.1 . W).5 Saptembar 5*5-1 202.4 Octobar HoT6mb«r December . 585.f $1(2.6 . 7*5.6 222.6 215.2 272.3 101.3 gll.7 629.2 712.7 264.0 119.1* . 2>tl.6 1.030.1 AiagUBt . . . February Mar oh . April p... 1*0.7 816.1* 93.* 6U1 9*1.6 1.127.* 80.5 101.8 99.5 55.5 U2.8 67.3 86. 97.9 119.8 125.5 116.0 160.9 68.2 60.5 91.5 76.5 119.6 100.0 100.0 100.0 290.3 83.1 98.2 153.1 119.3 133.8 97.* 68.5 75.0 177.7 116.7 115.3 100.0 100.0 100.0 310.2 120.9 215.5 152.1 231.1* 100.0 le.k 7'».5 23.1 2U.5 23.7 21.6 16.3 15-5 13.3 11. 11.8 31.8 26.1 23.1* 19.0 20.2 15.7 15.9 IS. 14.1 16.0 32.5 1*.7 18 .9 38.1* U0.7 13.2 13.8 19.0 18.8 12.0 10.9 10.5 16.2 30.1 11.7 20.9 lU.g 22.5 21.9 18. S*rl*a r 44.2 173.4 100.0 100.0 1.2 4.4 2.8 6.3 18 .9 28.3 18.2 21.0 11.2 12.6 13.1 9.* l4.0 l4.9 14.7 100.0 100.0 100.0 4.9 *.5 4.3 6.5 6.4 6.4 29.3 30.2 31.4 22.2 22.5 22.3 14.9 10.2 14.6 37.4 20.7 30.0 100.0 100.0 100.0 2.6 4.4 3.4 17.5 13-3 19.2 23.2 27.5 27.7 19.8 21.0 21.1 1:1 3.9 12.2 10.0 15.4 16.6 13.9 22.9 100.0 100.0 100.0 3.8 1.6 2.6 15.5 13.5 19.7 31.3 32.3 30.3 24.6 24.0 23-7 2.1 1.8 1.6 3.2 2.5 2.5 16.3 14.8 9-5 9.5 38.8 22.1 18.1 100.0 100.0 100.0 2.7 3-7 3.7 4.3 u.e 11.7 5.6 21.5 24.3 26.7 120.8 2.8 5.* 32.4 29.5 50.2 100.0 2-3 *.5 26.8 24.4 451.4 2,027.8 12.2 U2.7 90.7 576.0 80.9 50.6 403.5 262.4 885.0 100.0 100.0 1.2 2.5 5.6 20.1 28.4 17.9 19.9 162.4 160.3 167.2 5.0 5.7 5.5 10.7 11.4 11.0 50.1 52-5 51.6 34.1 34.1 35.8 62.4 56.6 63.3 100.0 100.0 100.0 3.1 3.5 3.3 6.6 7.1 6-5 30.9 32.8 30.9 a.o 21.4 328.4 181.1 213.0 7.1 4.9 5.7 15-7 10.6 13-0 73-2 50.0 60.9 52.0 35.6 45.8 180.4 79.8 87.7 100.0 100.0 100.0 2.2 2.7 2.7 4.8 5-9 6.1 22.3 27.6 28.6 15.8 19-7 21.5 Octobar. Horeabar Becaabar. 169.2 141.6 2.7.4 5.* 5.0 7.4 12.0 10.5 16.7 ^3-9 *7.3 70.2 36.4 30.3 *8.1 61.5 48.5 100.0 100.0 100.0 3-2 3.5 3.2 7-1 7.4 7.3 31.8 33.* 30.9 21.4 21.2 3*5-9 193.8 181.2 7.4 5.1 5.5 19.1 11.8 I3..O 80.1 50.8 55-2 52.5 32.1 32.6 186. February. March 74.9 100.0 100.0 100.0 2.1 2.6 3-1 5.5 6.1 7.2 23.2 26.2 30.4 15.2 16.5 18.0 April p. 191*2 13.6 92.0 Septaabar. 191*1 393.5 12.2 30.4 126.6 82.3 142.1 100.0 3-1 7.7 32.2 20.9 75.0 *37.0 19l*2-Aprll Majr June July Augoat Septaabar . . . 1.3 19.3 2.1 27.4 14.2 123.7 38.2 *1.7 *1.9 1/ 2/ .2 .2 .2 1.9 1.9 1.8 2-5 2.7 2.7 75-^ U8.1* .2 .2 2.0 1-5 1.8 u .9 69.2 .2 October. MoTeabar. Deoembar . 41.9 65.1 .2 .2 .5 19U3-Jaauary. Tebroory. Marah 75.S 47.8 *3.7 . . April p... 1941 1/. 1942 1942-Aprll. Hay... Juaa. July Au^at .... 1943. -January. Soxtroe: p Baporte of groaa aalaa. Prellaluary. .3 •3 .3 8*. 94.2 1/ 2/ 2.6 1:1 1:1 6.1 bonde cooaanoed May 1. 1941. Salai of Sarlaa X, F, and Sale of $25 denoalnatlan Sariea T bonde began In January 1942. . >w Sales of United States Savings Bonds (Continued) - Table 3.- Sales Reported by Series, Classified by States PART A - SERIES E (In thooaands of dollars at isvue prloet) Tlocal year 19U1 191*2 19U2 ^.r. May July 19U3 An«. Sapt. Oot. Soo. Iter. i/ Alabaaa Arizona 28,996 10,313 21.404 2,713 1,040 2,118 3.92** "t.SlS Arlcanias 1.381 711 9U0 1,418 2,992 1.149 2.573 6,671 1,626 2,924 5,262 1,422 2,522 6.269 1,675 3.235 5.787 1.775 3.686 1,677 3.671 California Colorado Connactlent 9,920 1.793 3.9^3 260,592 24,845 77.5^3 21,709 2,584 7.296 29,000 2,795 9,199 31.139 2,844 10,430 37.157 3.306 11.180 33.'*35 3,412 9,948 41,004 3,933 10,362 44,829 t.675 16.295 Delavare Dlat. of Columbia Florida U69 2.59S 7.629 34.827 39.565 756 909 3.771 I ,439 1,037 4,423 4,269 1.103 4,434 5.481 1,124 4.760 4.563 l,7l4 4.72s 5,770 Georgia Idaho 1.642 2,958 1.047 25,546 4,721 1,399 35,838 4,282 1,132 32,854 5,421 1,285 38,891 5,007 1.437 33,598 2.lt«7 .446 4.994] 6,841 2,355 5.169 8.778 2.774 6.020 7,207 2,100 4,452 7.697 2,472 4,005 36,526 3,676 11.739 56.102 5.840 17.874 63,819 6,478 17,240 51,828 '.995 10,855 56,514 5,086 14,570 2.613 5.359 5.257 2,040 5.596 5,437 2.012 7.771 6.950 1,872 8,099 9,160 1,496 6,667 7,126 1,692 7,252 7,8§0 6,201 1,820 39,072 5.938 2,218 44,970 6,811 2,279 40,091 8,436 2,255 51,912 10,308 2,64o 54,882 8,303 2.594 44.602 8,233 2,266 53,559 5,9'*2 l't.737 35.642 9,840 282,055 Indiana 1 owa Kansas 3.644 2.743 1.879 76.661 69.558 35.310 7,560 9,283 2.999 9,961 9,846 3,912 10,794 10,752 4,158 11,801 11,056 4,680 11,112 9.729 5.269 14.464 10,924 6,422 15,156 10,733 6,850 15,323 10.692 7,823 19,778 20,145 9.049 21.560 18,288 9,017 17.885 12,426 8,320 19.696 18,270 10,681 Esntticby 1.835 1,824 1.083 34.293 36. 800 17,746 3.051 3,190 1,688 4.086 4.629 2.179 4,399 4,757 2.131 5,643 5,886 2,407 4.974 4.923 2,224 5,170 5,680 2,252 5,'*63 Louisiana Malna 6,917 3,156 5,196 6,014 2,430 7.18? 7.844 3.195 8.938 9,152 4,427 7,64o 6,970 2,429 7.U34 8,169 3.339 Maryland Massachusetts .... Michigan 49.009 141,217 160, 150 4.103 12,951 16,202 5,118 15,889 20,965 5.596 9.110 8.108 16, 402 6,246 18.212 19,790 6,796 18.066 34,188 7.419 20,822 34,452 7,188 18.648 32.550 9,264 27,666 23.656 6,55"t 18. 126 25. 690 39, 19"* 10,472 29,844 43.419 8,782 19.836 38.134 9.202 23.953 48,697 Minnesota Mississippi Missouri 3.624 901 7.483 71,181 22,973 94. 800 7,659 2,130 8,235 8,898 2,632 11,287 9,444 2,454 10,961 10,443 3,094 11.067 8.952 2.519 10,236 11,218 2.776 12,619 10.772 3.579 12.018 11.134 3,899 13,165 16,691 5.193 16,991 16,279 5.396 18.957 12,712 4,223 l'»,333 13,448 4,129 15,715 Montana Nebraska Nevada 771 1,384 149 17.710 26,045 4,340 1.633 3.213 379 1,827 3,266 513 1,706 3,037 2,232 3,656 656 l,8l6 2,328 4.602 879 2.980 '*,725 844 2,582 3,987 956 4,048 5.852 950 4.053 6.565 1.113 2,786 5,586 880 2,807 6.616 893 New fiasipshl re ... New Jersey New Mexico 595 9.904 243 11.760 1,427 16,066 802 1,509 17.298 763 1,600 16, 688 909 880 1.829 23.241 927 2,300 23.634 1.174 1.75"* 18. 505 6.978 1,010 13,816 826 1,791 160, 538 19,993 1,058 2.317 27.650 I.816 2,316 30,047 1,741 2,136 22.070 1,552 2,348 27.647 1.370 587.249 42.297 11.394 52.907 3.669 1.113 57,336 6.163 1.476 57.763 5,090 1,311 74.931 6.443 1.575 54.990 5.944 1.306 72.866 8.923 1.650 77.332 8,540 70,221 9,361 2,635 89,287 11,650 4,407 102,724 12,742 4.260 72,550 8,719 3,471 82,583 9,049 2,156 23.850 4.210 4.165 22,799 3.789 4.571 31,152 4.471 6,337 27.876 4.674 34,085 5.052 7.038 31. 980 31,001 4,718 6.381 47,796 7,574 9.234 50.4q4 10.742 10,550 39.384 6,917 7,499 41.202 6.471 9,280 36,801 3,305 3.091 35.058 3.574 3,002 43.944 46.459 3,7'*2 42,641 3,380 3.914 59.356 5,878 5,059 59,059 5,020 5,122 49,624 3.019 4,066 51.762 5,464 4,487 1,35"* minola Now York North Carolina. North Bakota 2.7'»5 44,582 .. l,%2 '*75 501 3, '•19 643 1,791* Ohio Oklahoma Oregon 10,886 2.302 3,15^ 190, 262 37.39"* 17,537 2,892 3,079 FennsylTanla Bhode Island South Carolina. 14.443 1.478 874 283,782 24,293 18,782 28,784 2,358 2,19s 31.906 2,559 32.149 3.005 2,668 449 .707 11,783 36,734 126,056 1,392 3,138 U,088 1,647 4,s4i 15,269 1.458 4.676 13.775 1.685 6.591 16,791 5.593 15,202 1.614 7,485 19.831 1,608 6,766 20,417 2,092 6.791 19,694 3,239 8,818 26,938 2,765 10.956 28.853 2.452 7.833 23,oo4 2,905 7,922 26.963 9,919 7.550 56.272 953 688 5,350 1,339 788 7,241 1.U4 766 7.095 1,463 967 8, 160 1,507 844 8.291 1.658 873 9.905 2,170 1,300 10,296 1,956 942 10,394 2,647 1,143 13,814 3,716 1,527 15,756 2,851 986 11.302 3.068 1,159 12,493 57.962 27.642 77,668 7,066 5,174 2,470 7,124 712 8,267 089 .280 737 10,527 779 9.025 3.846 11,402 9,177 3,338 10,358 9.283 4,086 11,256 1,099 11,795 I*. 835 12.566 10,914 4,638 11.486 1,008 15.694 5,648 14.825 1,645 16.239 7,192 16,003 1,794 12,145 5,220 13,308 1,326 14,965 6.377 13.241 1,388 353 485 165 647 155 648 117 5.285 548 80 671 232 8.314 508 17 556 627 431 613 5.322 582 23 4,07b 1.293 18 . South Bakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming :.7l7 474 486 .319 .778 .187 ,607 339 Alaska 2.959 315 15.837 1,726 91 14 Canal Zone Hawaii Puerto fiico Virgin Islands... Other possessions Unallocated Total 34.482 4.219 2.77"* .850 189 ,569 ,211 591 44 2,566 160 10 5.67"* 831 5,564 7,062 5,'t77 577 100 6.163 221 592 130 3,838 l64 4,824 350 2 5 17 1.3^*5 387 5,30^ 424 13 17 5,1'»7 493 41 • 1,472 203,098 P? 263 553 621 813 1.423 1,500 1.714 2,226 2,Sl6 5,671 5.633 3.5'tl.323 333.214 416.450 419,072 500.456 440.467 545,111 585.609 542.644 745.562 811,704 629,206 (Continued on following page) 7.649 712.666 1,030.109 5 . . . »n Sales of United States Savings Bonds - (Continued) Table 3.- Sales Reported by Series, Classified by States PART B - SERIES T AND - (Continued) COUBINED (In tbouBs&dB of dollar* at IssTw prle«t) nacal year Stata I9U1 19U2 Apr. May 2.393 950 1,02k 13.099 1,281 1.1*02 1.276 '1.232 1*20 39i( 13.738 675 3IA 812 20.U02 3. 908 l'to.602 11.19s 1.388 10,751 l'*.937 59, 89"* 10,276 1,631 5. 364 6.80'* 5,399 2,52U 5.166 3.379 11,910 23, 247 22.219 717 1,673 656 i.Uiig l.'^76 1.955 1,800 1.533 1,752 2.878 291 59.605 17.982 7.339 202, OUl 1.357 1.759 UU3 15,881 Indiana leva Kansas 6.285 U,U98 U5.I23 30.676 IU.U86 l*,ll*2 Kentucky Louisiana Maine '*.356 2>*.5l6 2,170 2.U77 21.651 16.570 1.1*60 Alabama Arliona Arkansaa California Colorado Coonaoticut Oelavare Hat. of Coluabla riorldB Georgia Idaho Illinoia 2.1*59 Maryland Kaetachasetts. Michigan 3.97'* .. 6.800 35.087 13,928 18,302 i*51 13,1191* June 653 1,1^53 2.118 179 I9.U0U July *»«• 5,399 550 1,019 1,688 21,283 2,897 10.391 1.272 3.321 3.716 3.965 770 33.306 535 20,568 8,063 6,115 2.675 3.751 1,869 U,226 3.260 1.163 3,961* 1.893 1,75& 1.826 1,51? 1.U26 1.197 l*,601 l,2Ul '•0,093 3. '•72 2.923 6,68'» liA.iqg 12.757 5,012 11,1*85 '•.596 3.507 11,809 7.120 65,0110 3,791 1,062 5,289 1,127 2,831 2.310 27,111 9. '•73 1,898 5,381* 2,723 5,020 1,821* i*.725 1.378 3.736 907 1,817 1.766 969 1,996 3.796 802 1,735 1.093 1.953 1,9'^6 2,701* 1,9U8 2.393 5O8 23.390 2.066 U6a 15.721^ 7,082 6,075 3.12U 3,591 2.297 1,261 1,61*9 30,03U 3.079 9,371 19,121 1.137 1,083 3.281^ 3,1155 801 8hl 2.538 3,681 339 3. '•39 3.399 3,87'» 3U0 9,31'* IA5 20.757 3.968 1.278 39.675 5.3''2 3.1*01 3.5'*5 2,91*8 5,892 5,6lU 2,306 2,077 2.71*1 11,001 8.783 3.222 2.8O9 5,956 1.235 2.671* 2,537 2,071 1.009 3.177 5.005 1.6U6 3,1*6 3,315 2,892 12.873 7,778 '.321 9,l»51 '•.152 io.9'^o 9',W* 8,80lt 7.201 '*,88'* 13.119 9.088 i*,i*5S 1^,970 't.076 3,57'» '•.951 1.265 1,233 6,093 1.206 5.728 1,330 I*, 680 2.887 677 1,931 762 81 l.'*70 888 2.696 5,'»55 6.11*2 6.322 369 1*90 882 558 ll*.132 982 371 1,107 159 1,282 70 2,1*83 1,275 228 51*8 New Tork North Carolina. North lUcots U15 9,031* lUl,glt2 . 139 2.338 962 868 8,167 686 856 6,2U5 576 92.319 3.586 1,076 to. 915 62.776 5,136 715 35,201 3,120 732 30,032 9.887 1.273 23.133 2.973 12.261* 1.U81* 3.61*1 1.617 2,020 15.066 2,103 2,527 20,058 2,225 902 3'».117 19. 817 3,695 1.761 2,262 276 682 3.997 11,003 506 I5U 509 580,1*33 26,071* '•6.779 '•6,275 1*6, 1^56 1,683 1.855 1.658 7,515 '•90 1*10 1*19 119,098 16.5«7 22,095 10. 472 ll.Ull* 1.1^78 1,777 1.272 PennaylTanla Rhode laland South Carolina. 't9.5'»7 21*3,285 28,064 9. '59 20.9U9 1.755 992 20,685 5.92U 1,621 igu 3.128 10.323 3,077 300 1,679 6.268 . 269 996 9,838 507 8,701* 2.325 2.522 South Dakota Tennessee Texaa 357 21*8 22.1«66 1.315 1,'^97 605 2.021 685 1,1*13 31,758 17.999 115 817 17,918 1,297 520 3,089 8,698 581 97s 3.293 9.777 920 3.819 567 807 716 2,376 11.321* 81*2 6, '•56 3.690 186 31^ 11 1*0 98 65 75 373 61*2 2,51*9 1,577 125 1.176 Source: p r * 1/ 200.523 859 ,122 2,801* 2.132 '•I 6 1,'^77 2,888 7,289 ,,61*1 357 579 836 1,303 1*63 554 ,271* 5.932 6,1*98 3,674 2,875 3,008 1,291 3,709 3.607 2.063 6,839 570 6,002 3.891 1,U02 6,608 323 3,235 962 11,009 7U7 lou 96 1,585 262 111 Ugs i*9U '•3? '•,02« 173 538 3,971 2.170 1.329 1*,628 3.053 1,278 1,301^ 8.1&6 8 2.733 1,062 5,530 3,381^ i*,909 6.93't 232 5'*6 303 it38 5.097 286 500 1,815 1,387 54, 1*85 502 1*71 2. 1*1*7 637 'tis 5,587 2U2 13 2. US'*. 772 l,2l*9 38lt 128 526,361 38,317 3.167 25,937 1,852 1.683 501 Total 7,865 216 20,81*3 2,6it6 581* 7,118 667 21.793 1.557 1*2,205 '.768 1,309 25,071 1,661 1.783 8.U91 U6l 58 10.662 1,137 1,186 757 2.873 Uoalloeated 928 2,857 12.310 680 lU.g66 1.U6U 1.891 2.510 26 507 271 17'* 1.095 11,879 675 3,21'* 855 3,552 279 3"* 729 25.120 3,176 1*87 19 3,316 i»,963 U.3S9 1.91^0 1*72 755 2.367 397 3,871^ 1,279 20,721* 2,031* 25.898 11.780 3 971* i*,03l ,131 1.1*92 91*2 5.353 1.231 5.72U ,1*1*8 6.268 5* 8,726 2,555 9,297 ,699 Washington "sat Virginia Wisconsin Wyoming 736 7, '•52 2,081^ 2,71*1 l^l^5 5.882 13,21^3 l,3'^7 1.890 20 3,872 12,025 5,81*2 2? 2.928 11.663 6,361 8,038 25,797 757 28.011* Canal Zona Hawaii Puerto Bleo Virgin Islands... Other possessions 235 1.690 2.970 1.261 5,31li 91*1 '*.532 Alaska 7.593 2.533 2.U67 Vamont 1.839 11,109 ••2,816 Virginia It, '•.619 5, '•08 1.775 680 792 380 2.667 5,080 '•.957 638 565 2,2U7 6,581 2,083 798 21,319 72.5U0 279 519 61U 18,076 --36 196 5,679 903 2,721 2,384 8l*0 5,019 5'*, 2,1*13 7,008 17.616 1,626 6,219 3,836 1,000 1,011 Otah 1,1*20 6.81*3 2,2l^8 1.592 512 708 2.7'^5 350 I.71U U.988 18,1*81 1»,278 966 8.771 399 1*1*3 1,630 IU.206 Ohio Oklahooa Oregon 1*,922 2,683 1,253 1,227 SOU l6k 6,502 333 8,1*69 ll,8l»l 1,658 7,791 I.U31 9.073 1,080 1,21*6 15,026 l,387r 751 1,200 lU.ooi 2,316 5.585 2.902 2.3^ l,2l*6 lU,lt0U 3.527 956 6.850 11.090 93.399 3,l*5l* "•55 8lA u.ouo 1,290 5.575 1.896 20.U00 2,629 391 1,250 13,1'^5 10,061 62,651 M^ Mev Hampahlre .... Nev Jeraey New Mexico Mar. Jan. l,li57 1,921 778 1*11* 612 Montana Nebraska HeTada 2,552 Sac. 1.2l»3 1*9,069 81*7 Sapt. 521* 9.770 973 23.952 Minnesota MlasisBlppi MlBBOuri I9U3 191*2 Reports of gross sales, Preliminary, Eevl sed LesB than $500. Sales of SerieB £, F, and 127 178 1.500 180 92 U9 985 170 57 11*3 119 191 1,21*3 1,1*1*2 555 962 761 312 1 5 1,791 201.955 bonds commenced May 209,081* 1, 191*1. "•03,735 229, '•69 13 2,ltl«0 282,261 15 32 ^ 332 218,692 183, U29 292.501 '•21.50U 2Ul,652 22U,8b8 *2 Participation In Payroll Savings Plans For United States Savings BondsJy p Pr«llBlau7. 1/ 2/ l«tlBSt*d. Het arallabl*. .. . ., . . . . . . . . U . 82 ^3 Sales of United States Savings Stamps Table !•- Summary (In thousands of dollare) Analysis of net change Ajnount outetaiidlo^ Fiscal year or month chan^ Net end of fiscal year or month Xj Gross sales during f local year or month 1/ funds received 1/ iglil sales reported to funds received 2/. 19U2 166 '-:t 133.620 152.217 166. 3Ul I7,7fe Kay... Jone. July August .... Septambar October. Hovamber Dacambar, Redemptlone 1/ 9U3 6,087 308,621 161.0U8 19lt2-Aprll. Sales reported 11*7.57'* 22.1*10 ••18,597 1*0.173 i»7.990 124 1*8,960 29.393 3U,836 180.972 187.618 igu.oio 111.631 6.61*7 53.815 UU.5U6 39.185 37.900 1*7.682 1*1.290 206, 0W» 12.031* Ul 107 215.805 38.381* 22lt,901 9,121 5.536 3.561 -1.106 k/ 860 5/ 1*3.386 p 62.706 55.773 March 22U,356 226,216 1*9.630 5/ 639 p U8.990 p '»7.95« April. 227,989 l.TTK 1*1*. 791 -6,350 p 51.11*2 f 1*3 . . •n't, 6,392 221.3lt0 I9I13- January... 7ebruary. 1 h -11,768 55,688 66,267 iit.gUo 5't.667 U/ 11.281 p 39.077 . !t/ Commencing Novenber 1, I9U2, Dally Treasury Statement*, except Post Office Department reports of gross aalee; prior thereto. Post Office Department. Preliminary. Pl^ures for NoTenher and follovlng months are not strictly comparable with earlier months becaase of the shift to a Dally Treasury Statement basis Stamps sold prior to October 1, 19U2 vere knovn as postal savings staicps and vere obligations of the Postal -7.221* 53.11*1 1*6,300 1*3.920 i/ U/ ^ . y !*/ . 29.955 51.328 .018 Savings System but subsequently beeasie public debt obligations. Sales and redemptions commence vlth May 1, I9UI. The amount of tho old series of postal savings stueps outstanding on April 30. 19^1 was $150 thousands. Computed on basis of Dally Treasxiry Statement. S«« footnote l/. Does not Include amounts transferred from Postal Savings System to the Treasury to cover outstanding stampB. Table 2,- Gross Sales, Classified by Denomination Sales in thousands of dollars Fiscal year or month Total all denominations I9UI. io<! 6.087 308,621 191*2. 19l*2-April 25(! 1*00 67.1*66 50(! 1.012 2,691 167.709 2g,6ll* 3.1'5« 11.330 l*.715 May... June. 1*0.173 1*7,990 1*8,960 9.812 10.037 9.121* 21.529 26.772 27.319 July August September. 53,815 1*7,682 10,106 7.326 8.366 29.693 2U.808 26. 189 October. HoTember 10,680 9,518 11.719 28.563 1*6,300 . 53.1'tl . . i*it,5l*6 .. , I>eoember . 55,688 191*3- January .... . . 1*8.990 12.387 10.135 12,132 . . 51,lli2 12,881* April p. 51,328 U3.386 February p. March p. Source: P Percentage dletrlbution of sales Denomination 5.203 l*.3l*8 It. 935 5.150 '.259 ".596 I*. 022 3,62U 2l*,587 29,11*2 26,1*97 22,630 25,21*7 3,9'»9 26.1*1*7 u.iou $1.00 $5.00 1.130 31.583 13,250 3.827 1,51*8 i*.9l*l 5.706 1,910 2,097 6.326 5.950 2,1*87 2,111* 6,061* 2,128 6,1*98 2,250 5,852 7,100 2,081* 6,oi*o 2,381 5,083 5.579 5,806 1,911* 851* 3,130 Total all denominatloDS Denomlaatlon 10^ 25^ 100.0 100.0 6.6 21.9 1*1*. 100.0 100.0 100.0 21*. 100.0 100.0 100.0 18.8 100.0 100.0 100.0 20.9 18.6 16.1* 17.5 20.1 20.6 21.0 50^ $1.00 $5-00 51.3 16.6 9.3 18.6 10.2 53.6 55.8 55.8 8.6 9.0 9.6 9.5 55-2 55-7 5U.9 9-7 9.8 11.7 13.1* l*.7 10. I* 12.7 53-8 53.1 52.3 9-7 9.2 8.3 12.2 12.6 12.8 ".5 U.2 10.3 11.7 11*. 1*.3 tl ".3 U.6 5.6 2l*.l 23.1* 2l*.8 51.6 52.2 51.5 7.8 8.3 8.1 11.8 11.7 2.083 100.0 100.0 100.0 11.1* U.2 1,901 100.0 25-2 51.7 8.0 11.1* 3.7 l*.7 U.l* Foat Office Cepartnent Preliminary. Table 3.- Redemptions, Classified by Means of Payment Percentage distribution of redemptions fiedemptions in thousands of dollars Means of payment Means of payment Fiscal year or month Total Xxchanged for Exchanged for United States postal savings savings bonds 1/ certificates 1/ 91*3 191*1. [July 191*2 1.158 191*1. lAag. 191*1 June 191*2. 11*6.1*15 22,1*10 19l*2-Aprll 39.185 37.900 35.253 101 36, 561 11* 1*1,107 36,188 26,220 32.988 July August .... September. October. HoTember December February March April Source: • . . . . 8 3,906 3.781* it,715 100.0 100.0 100.0 1*3.018 37.501 5.517 100.0 1/ 2/ 12.5 10.0 10.0 ll.U 7.309 Co^eaelng lorember 1. 19l*2. Dally Treasury Statemente; prior thereto. Poet Office Department. Lass than .05^. 2/ 87.1* 100.0 100.0 100.0 51*. 1*1*8 7.1*31* 1/ 10.8 1*8.339 1*0.650 62.706 55.773 Cash 100.0 100.0 100.0 1*7.958 38.381* . 31*, 2,761 3,150 100.0 100.0 100.0 U.919 3.736 5.396 8.258 29.955 . 2,1*32 26 15 1*1,290 ,i*r 18.3' 19 16 29.393 31*. 836 . 2/ 123 19.959 26.616 31.678 May June 19l*3-January 127.91*8 Exchanged for Exchanged for United States postal savings saTlngs bonds 1/ certificates Cash 100.0 100.0 100.0 9.1* 9-1 88. 87.5 85-9 86.8 86.7 81*. 87.2 Commencing Horember 1. 19^2. estimated on the baaia of Post Office Department reports. Detaila not aTallable for May. June, and July 19U1. 12.0 12.5 lU.l 13.2 13-3 15.2 12.8 U u . . u 7 8 2 6 2 g 3 7 1 5 u & 9 2 6 3 7 9 7 g 7 6 5 U 3 6 3 c 5 6 7 kk Sales of United States Savings Stamps - (Continued) Table 4.- Gross Sales by States (In thousands of dollars) riscal 7«ar Stat* I9UI igUa 1942 Apr. May Jun« July Aug. 19U3 Sept. Bee. reb. Mar. P Alabama Arizona Arkansas 2.3U3.7 83U.g 1.67t.7 29't.7 351.7 1*1*7.8 1(1*2. 108.7 198.0 139."* 31*8.6 125.0 290.1 177.5 302.5 20,132.6 2.020.3 2,1*78.9 3.1*1*2.2 3,766.g 359-9 2,961*. 300.5 1.39l*.6 1,1*72.0 1.223.1* 113.6 639-7 531.0 I115.9 38.7 16.0 ait.g Uzg.o 30.3 lUo.6 California Colorado Coooecticut 7.707."* Delaware 7l'».2 DlBt. of Columbia 266.3 953-5 91.5 650.U U97.6 112.6 111*. 691*. 5 fegl*.2 583-0 1*98.7 31*0.6 506.7 512.0 125.5 lUg.3 3, 921*. 3.S3i*.7 3.81*7.1 1.033.9 707.6 31U.1 1,267.8 782.9 1,093.0 750-7 1,232.2 1,008.5 1*07.1 386.1* 1*83.0 393.7 U60.U 217.6 1*25.1* '*33.3 582.0 606.0 288.0 Florida 750 6,100.1 3.705.9 Geore:la 60.3 g.l 355-1 3.175.5 glH.O 23,612.9 109.3 2.766.3 7.516.9 575.8 2.532.9 3.036.2 Idaho Illinois 171*. 2r Indiana Iowa Kansas 69.7 50.0 Uo.2 Kentucky Louisiana Maine hs.e 62.0 37.2 Maryland Maseachueette .... Mlchlean 91.6 312.2 366.8 Minneaota "*, 3,l»2g.O 1.725.5 51.6 36.7 173.5 Mleelsfiippl MlaBO\iri Montana Nebraska Nevada ll*,Ul3.6 686.5 1.883.8 13.721.6 1,701*. 5.785-2 I*. 037. 1,508.8 7,326.U 3.077.2 326.2 I.11U.6 511.8 182.0 928.8 11*1.1* 2gl*.8 71*8.7 2.300.6 2.125-5 821.0 2.276.9 2.256.2 312.1* 31*9.1 366.2 3911.5 1*99.2 129.1* 132.5 261*. 251.1* 191-5 278-5 17!*.9 253.'* 266.8 157.6 110.3 158.0 251.6 372.8 227.1* 315.1 9U.U 502.3 3.232.9 337.5 1.350.2 12U.3 392.9 1*71.8 131.5 519.5 600.3 1*60.7 500.1* lt6l».l» 533-1* 115.5 3.373-9 122. g 3.717-1* 112.1* 3.367.5 132.0 3.980.0 1,108.9 771-7 362.2 l.l61*.2 1,1*00.6 763.5 752-2 1,226.6 682.8 1.378.5 887.2 l*2l».7 1*76.6 l*2l*.l* 507-I* 527 1*1*5.1* 510. U23.6 507-2 61*9 1*50.2 521.1* 1*81.6 51*8.7 318.1 279.8 1*39-0 1*55-2 2gg.l* 339. g 282.7 328.7 759-9 695.5 2.062.2 1.973.6 761.9 2,312.8 g23.6 2.605.1 2,152.1* 2.1*1*0.5 581. U 276.7 1,062.6 609.2 278.5 1.213.7 656.5 313.9 135.2 375.2 60.3 11*8.2 201.2 213.7 1.763.1* 88. 1,91*8.2 8,650.7 523-7 111.9 2,561*. 6 2.1*21*. 2.681.1 677.6 71*3.8 230.1* 1.155.5 1,161.2 323.1 1,280.3 128.2 379.1 U63.6 98.9 3.170.6 1*59-7 11*9.7 1*23.8 '*7.7 63.3 29.0 286.0 9-S 1,150.8 13.313.7 720-3 1U0.3 1.7Mt.6 9U.U 159.3 1,916.2 129.9 183.2 2,020.7 9U.7 22U.6 1.975.9 130.2 1.350.5 53.060.7 3.089.7 801.2 7.129.5 7,883.8 9,012.0 9,671*. 567. 57U.2 99.5 152.1* 13'*.9 605.5 176.1 18.269.5 2,U89.1 2.739.3 2,571.1 2,850.9 2,g63.9 3,290.8 268.1* 1*38.8 381.2 1*37.9 1+85.7 325.5 350.6 1*29.1 1*25.1 27.075-3 3,087.6 1,U88.2 3,922.1 368.0 U, 1*31. 1*23.5 3,920.2 U. 322.0 55l*.7 lgi*.9 216.1 211.0 210.2 186. 181. ^2.2 127.6 121*. 9 162.0 112.8 113.5 58.8 276.5 2.952.8 11,520.8 731* -0 1*71*. 1,567.2 136.9 1*91*. g 1.695.8 Utah Vermont Virginia 11.6 1U.7 71.6 963. 705.8 137.5 96.3 U,051.8 566.1* WaBhlngton West Virginia WisconBin Wyoming 75.0 3.909.2 32.'* ioit.7 2,'»lt9.7 1*35.8 31*2.9 5.728.3 820.1 9.7 1*93.6 New York North Carolina. North Dakota . . 50.8 10. Ohio 7 Oklahoma Oregon 15 Pennsylvania Hhode Island South Carolina.. U19.5 9 59.1 South Dakota Tennessee Tcjcas Alaska Hawal 1 Puerto El CO Other posBesBlons Total... 58.8 30.3 10. 1.2 6.9 10.2 , 66.1 1.238.7 166.8 .6 308,621.3 31*1.0 171.9 112.3 602.0 1*81*. 518. 181.3 1*53.2 562.9 503.1 131.1 1*76.9 138.1* 1*91.2 3.555.0 3.256.3 126.0 3.633.8 1.262.7 736.1* 1,016.7 667.3 1.195.7 708.2 517.7 51*2.1 533.1* 501*. 351.0 1*57.6 551.7 328.9 32s. 1* 558.6 309.7 301.1 783.1* g8l*.7 821*. 8 2,129.1 2.013.3 2,1*68.8 2.1*05.9 2,1*06.2 760.5 1.983.8 2. 261*. 2,281.0 1,1*98.6 2,205.2 611*. 8 767.8 277-9 1,328.0 801.9 267.3 720.2 202.5 1,101.9 691*. 1,21*8.1* 292.3 1,183.7 159.3 396.3 56.7 182.7 351.0 55-9 203.0 219.9 2,205.3 116.2 180.6 1.908.5 92.5 1,281.1* 787.3 236.3 1,220.1 168.5 1,838.2 121*. 7 173.7 1.995.5 106.3 9.316.3 10,758.8 565.1 639-5 119.8 U7-3 9,028.1 10,1*26.5 51*8.5 638.7 123.6 151.0 8,705.6 623.0 150.6 8, 021*. 2,567.1* 2,81*2.3 3.076.2 2,1*85.8 383-0 1*02.2 1*22.1* 1*05.3 432.1 1*29.7 2.519.8 333.7 356.7 3.255.3 31*5.1 522.1 609.1 382.3 328.7 379.7 C56.I 3.650.8 i*,og7.5 i*.597.8 3.971.6 l*.7^1.g H, 586.6 019.lt 1*63.1* 1*60.9 527.2 156.1 1*17.2 1*93.1 152.5 237.5 412.8 198.5 360.1 197.5 ». 31*9.1 392.1* 19I1.8 138.9 327.7 1,205.2 IU9.2 U55.2 1.658.7 103.5 1*67.6 1,61*3.5 127.8 525.1 1,807.2 1*36.9 173.1* 1*16.7 76.1* 5l*.3 206.3 2.21*8.0 1* 11*2.6 139.7 U5U.9 1,601.1 523.9 2,006.3 l.7l*g.9 119.6 707.8 131*. 1.535.2 1,81*8.0 151.2 177.8 11*1*. 1U2.9 10l*.g 136.1* 102.1* 115. 169.3 12U.2 592.9 659.0 521.7 585-1 61*0.3 220.0 IOU.6 586.7 366.7 122.0 669.7 759-0 365-3 592.6 601.U 876.0 62U.6 31U.2 953.1 6gl*.2 305.1* 391.5 1,129.0 983.2 g22.0 398.0 1,217.6 95.6 1.592.9 71*8. g 337.5 ggo.o 63.9 101.5 70.1* 69.3 11.9 181.6 23.2 22.1* 11.7 193 -g 21-9 12.8 220-1* 13.6 263.8 11-9 130.2 19.1 1,051*. 220. 18.1* 19.1* 71*. Ig.g lUi*.6 1*1*, 51*6.1* 320.1* gl*.g 12.0 161.5 27.3 2-5 17.9 255.7 • 516. 21*1*. 905.1* 380.9 1,151*. 91.9 11*. l.U 213.7 31.0 1.3 1*7,682.1 53,11*0.6 1*6,300.1* 55,687.9 51,327-5 22.6 .1* 1*0,172.8 1*7,990.3 1*8.960.5 53,815.1* 101.8 397.0 203.0 2,071.5 131.2 69.3 702.1* 9-7 99-3 1*1*2.9 586.3 79.0 373-0 398.9 60.6 375.5 931.7 76.7 61*. 119.2 l*9g.5 170.9 237.0 52.6 .7 6,0«6.9 31*2.7 372-9 1.093-1 533.1 339-'* . 3.322.1* 363.5 1,102.5 1.336.2 123.3 1,030.7 2,371.8 381 .U New Hanpshlra. New Jersey New Mexico 2,1*88.6 376.7 1.255.6 1*, 330.6 1.235-8 1*1*7.0 609.9 192.3 61*. 3, 621*. 3,01*8.7 31*0.1* 1,1*37.0 100.6 17-2 36.2 6.5 137.5 122.0 1*05-9 3.602.5 1*89.9 1*62.5 531*. P 31*9.3 lUg.l* 377.5 110.7 21*. 58.0 1*9.5 8,807.2 626.5 121.5 598.7 11*1.7 1*, 2, 861*. 192.2 102.0 222.9 91*8.7 671.9 758.8 351.8 1,101.5 1,11*5.8 1*1.'; 683.1 378.9 50. 103.1 1U.2 203.8 22.7 203.8 37.U 31*. 1.1* 1*3,386.3 1*8,990.1* 5l,lUl.7 I Post Office Departnent. Preliminary. Replead. . . 5 u ... .. . .. . 6 U U 5 75 U 6 ^b Sales of Tax Series Treasury Notes Table 1.- Summary, by Series (In Blllloiu of dollars) Aaalyala of net ehanga riieal jmx or BOntb Ajwunt outitoadlnc •nd of fltcAl 7e«r or Bonth (par T&luo) lot Anal/aia of ctaA&c* dnriac flacoJ. 7»ar or oonth ^oas aaleo MJUBtBant Total fonda raoalTOd Of lalaa raportad to fnnda racelrad Szehan^d Salaa raportad (par Talua) Badavptlona (par Taloa) All lerlaa 1/ 19lt2 3.01U.5 138.9 -17.2 •.156.2 1.12lt.U Z.lkk.k 3,099.7 3.OIU.5 208.1 25"t.7 -6.3 U6.6 +355.'* 399.3 -«5.2 lto6.9 +U.0 -13.3 261.0 395.2 U20.2 3.356.6 3.739.3 u, 137.1 +3U2.1 +382.7 +397.8 388.2 UI7.9 977.9 18.8 37.1 9I10.8 Us. 923. 777.6 19-7 3. 01"*. g] .... 19U2-Aprll. Mv... July Au^at .... "t. +5-9 1.3.9 U92.1 U6.1 382.2 399.1 "826. U giti.i +739.0 *681.5 781.6 1.312.3 +17.7 It.O -22.6 1.33^t.9 35.3 531-5 qU.9 42.6 630.8 36U.g U52.9 +31.6 U21.3 88.1 +375-9 -779.1 U^.6 15.9 March 6,7Ug.g 7,12U.7 6.3t5.6 UU6.8 -1.2 •ltO.7 UltS.O 1.225-9 April. 7.7«2.5 1,1(36.9 1.632.9 6.0 1,627.0 196.0 19U2 2/ 5U.8 5U.8 72.2 +.1 72.1 I7.U 19lt2-Aprll. U8.5 +3.1* 53.'^ 5lt.8 4.8 U.6 5.2 1.2 May... Juna. U.6 5-2 +1.1* 5-1 5-1 3-7 +5-5 Saptambar Octobar. HoTOBbar DicaBbar. •.963.5 5.702.5 19U3-JaBiiar/.. . . 6,38lt.l Tebmar/. 80. 3 • 60.3 65.1 112.7 6.0 U.9 -5 1*7.6 6.0 5.1 52.6 .2 SeptoDbar -3 52-9 5-0 Octobar. .. NoTOBbar Daeanbar 167.0 200.1 276.0 +5U.3 +33-1 +75.9 5^'.7 +.6 + •3 5U.I 33-2 86.7 .U 33-5 86.0 309. 1» 285.1* 33.1* +10.5 -3U.6 29U.9 2.959.7 July An^at .... . . 19lt3-Jaau»ry... rabroBiy March . April. igUa 2/ 320.0 +1*.8 -7 2.1 *.k +.3 12.6 15.0 1.0 2-5 U9.9 9-5 21.8 -.1 21.8 12-3 2.9W.7 U.066.7 -17.3 U.08U.1 1.107.0 250.1 39U.I -6.U +U.0 -13.3 256.U 390.1 UI5.I U5.U U3.6 U88.U +5.9 +18.6 +.3 376.2 39U.2 81.8 U5.6 35-0 526.5 9U.1 U1.5 993-2 July Au^uat .... Septaabar 296.3 67U.2 181.2 336.6 Octobar. .. HoTaabar Docaabar ,067.U 36^^.2 32. -113.7 -U1.5 -593-2 19113- Jaimary... 3'*. SOU. . 026.0 . .U32.7 .U 10.1 13.0 15.3 695.8 OU6.3 959-7 19U2-Aprll. May... Juna. .3 +350.5 -86.6 1*01.8 182.2 &12.8 +377.8 -U93.0 82.1 U8.6 19-7 68.5 52.8 823-0 311. ,U8g.U -68.5 -52.8 -823.0 1.395-0 -93.1* I9U2- Septaabar. 8U3.2 8U3.2 8U3.2 +37.1 806.I October. NoToaber Docaabar.. 1,729.1 2.U76.5 3.675-3 +885.9 886. U 7U7.U 1,198.8 7U8.I 1,226.3 +17.1 +3.7 -22.0 869.2 7UU.5 l,2Ug.2 U.975-2 U.U93.U U,571-8 +399.9 +UI8.2 +29.5 78. U UlS.U UU3.7 U31.5 -1.5 388.9 U28.1 U33-O 25.5 353-1 6.092.6 1,520.8 1.611.1 6.0 1,605.1 90.3 yabruary. Marsh April. 93. Serlea C . . I9U3- January. . Tabruary. March April Source: , • 1/ r^ly Treaeury Stateaent and reports of gross sales. Lass than $50,000. Series A notes hare been on sale since August 1, I9UI. and yield approxlaately 1.92 percent per annua. The aaxlaua aaount which Bay be used in payaent of each claas of tax (iacoaa, estate, or gift) by each taxpayer during each If not pretaxable year is United to $5,000 par Talue. sented in payaent of taxes, the notes vlll be redeeaad at Series B notes were sold froa the purchase price only. August 1. I9UI through Septeaber 12, I9U2. The yield on these notes is approxlaately .Ub percent per annua, and If the mount which Bay be turned in on taxes is unliaited. 2/ 15.6 27. 18. not prttentvd la payaent of t&xei, tha notes will be redeemed Series C notes were first offered at the pxirchaee price only. Interest on these notes for sale on September lU, 19U2. each month on a fraduatad scale, and Is equlralent accrues to a yield of approilnately 1.07 percent par annns If held The aaoonts vhlch say he turned In on taxes Is to Batorlty. If not preseoted In payaent of taxes, the notes unliaited. will be redeeaahle at par and accrued Interest, either at BAturlty or, on 30 dAys' notice, during and after the sixth month after the month of Issue. Sale of Tax Series Treasiiry notes began In Au^aat 19^1. 1^6 Sales of Tax Series Treasury Notes - (Continued) Table 2.- Sales Reported by Series, Classified by Denomination n«caX 7e»P or mo&th »^7 Sales of Tax Series Treasury Notes - (Continued) Table 3.- Sales Reported by Series, Classified by Type of Purchaser Fiscal year or month u 7 . . . , . . . . Sales of Tax Series Treasury Notes - (Continued) Table 4.- Redemption^ by Series, Classified by Means of Payment £«damptloni In mlllloaB of dollar! &t par flical /Mr or BOBtb Meant of paTsent Total BsealTod for tazea 19U2 1/. Percentage dijtributlon of redeaptloat Keana of paTsent Caah radoHptloaa Total Beceived for t&xee Caeh redemptions I.ISU.U 1.103.7 20.7 100.0 98.2 46.6 "3.9 U92.1 U5.U June. 1*85.2 1-3 1.8 6.9 100.0 100.0 100.0 97.3 95.9 98.6 Jul7 U6.1 Itlt.B 97.3 35-3 531.5 100.0 100.0 September. 527.3 1.2 5.8 U.l 100. 99.2 .8 October.. Norenber December 56.3 37.8 626.2 38.6 100.0 100.0 100.0 59.3 88.6 99-3 U0.7 ll.U . ?"•? k2.6 630.8 . 88.1 rebruary, March 86.U 78.8 1.8 2.0 1,225.9 l,21l*.l 11.8 100.0 100.0 100.0 98.0 97.5 99.0 2.0 2.5 1.0 196.0 176.6 19.5 100.0 90.1 9.9 17.1* 16.6 100.0 95.6 u.l* 1.2 1.1 100.0 100.0 100.0 93.t 1942-Aprll. M.,... Au^at . . . . I9't3-January. April. 191*2 1/ 19l*2-Aprll. July . . September October. .. November . ])eceBber . . ?ebruary March April k.6 3 .2 .1 .1 3.6 .1 .5 .3 •3 .2 .1 .1 5.0 i*.9 .1 .U .2 • Jtine. 191*3- January 29. 1» 3.7 May... An^at. 80. 1*2.1 . . .1* .2 .2 .2 10.1 9.8 .3 1.0 2.5 U9.9 1.8 12.3 11.1 100.0 100.0 100.0 100.0 100.0 100.0 2.3 .5 100.0 100.0 100.0 1.2 100.0 • 5 .6 83. 76.1 97.2 2.7 u.l l.l« ie!6 .7 OWNERSHIP OF GOVERNMENT -1*9- SECURITIES 50 Summary Distribution by Classes of Holders of Interest-Bearing Securities Issued by United States Government and Guaranteed by United States 51 Summary Data from Treasury Survey of Ownership of Securities Issued or Guaranteed by the United States, March 31, 1043 The following March Jl, ig^*-}, United States. covered In the of The tables large survey approximately for Treasury Issued savings and commercial account from the securities of ownership the data summary present or banks and guaranteed Insurance percent of 95 survey, the as of by the companies holdings of United States Oovernment and Government-guaranteed securities held by all banks and Insurance companies In the United States. Table I.- Analysis of Gtmership by Type of Security, by Call Classes, and by Tax-Exemption Provisions PART A - PAR VALUES IN MILLIONS OF DOLLARS Public a&rketalil* lnt*reBt-b«arlB£ acurltlea 1/ Held b7 banka and InBuranco conpanlas coTorod in Trsasury raxr^ Eald bjr n. s. ClMtlfleatloa Total amoont outstanding 6,239 banks Total 6.977 institutions Total 5.739 coBmerclal bank* Ooramaant a^nelas 'JkS insuranoe eoaipanias 550 flra. and trust 198 funds and casual t7, Ufa ?adaral Insuranca and marina Basarrs conpanlas insuranoa Banks 2/ companlas U90 . utual •ario^ banks Bald kx all othar iBTastsrs Br tTpa of saduritj SacuTities Issued b7 United States 9.23'' 5.291 5.13't 5.069 65 157 139 19 2.106 11.161 7.29'' 7.029 6.8lt5 183 266 101 165 869 2.997 Treasury no tes 9.797 6,329 6,032 5.850 182 297 169 128 i.e2it z.Ui* Treasury bonds '19.273 3U.U26 2U,g07 20,829 3.979 9.6I8 8,070 l.5ltg U.636 10,212 196 13 12 12 1 • • TreaBury bills. Certificates of indebtedness Other bonds 1.837 150 _j/ Total 11,272 3.1''2 s.eik 2.712 328 275 52 83.93"* Onoranteed issues 37U 56. '•95 115,828 'H.3I7 11,511 10, 667 8.755 1.913 9.0U3 18.395 6,i^99 Qy call dassaa Dos or first bacomlD^ callable T56 25.035 15,0U5 1U,360 13.995 36U 685 UlO 275 3. '•91 1 to 5 years 21,861 lit. 869 12,767 11,91* 823 2.103 1.609 II9U 2. "135 5 to 10 years 20, 'A9 15.652 13.320 11,631 ,688 2.332 i.86e U65 1,5111 3.281* lt.150 2.769 2,276 U93 1.381 1,118 263 637 1,661 Within 1 year 10 to 15 years 15 to 20 years 1».572 3.213 1,031 731 300 2,182 1,895 287 390 968 Orer 20 years 5.5''7 3.5U6 1.57'* 733 SUl 1.971 l.gltl 130 575 1,U26 23 20 13 13 83.93't 56.1^95 511 10,667 «.755 1.913 9.0U3 18.395 1.736 Taderal Housing Adalnistration debentures Total If tax-exaaption prorlslons Wholly siB»pt f ro« Tadaral Ineoaa tazea U/ 1*5, «2« ln.317 1.178 20 78 30 1« ItUi It, 3.'»57 1,277 1.199 rartially exempt froa federal Income taxes 5/ Subject ts Taderal ineoaa taaea 29. '•70 19.788 15.359 lit, IK i.2ia )|,U29 3.271 1,158 3.271 6,ltl2 51.006 35. '•30 29.271 26,0a 3.250 6.160 5. '•53 706 5.328 10,2ltC Totaa 83.93'' 56. '•95 '•5.828 'a. 317 511 10.667 8.755 1.913 9.01*3 18.395 (CoatlBued on following It. pa^) U B u g T ) S K 52 Sumary Data from Treasury Survey of Omershlp of Securities Issued or Guaranteed by the United States, March 31, 1943 - (Continued) Table I.- Analysis of Ownership by Type of Security, by Call Classes, and by Tax-Exempt Ion Provlstons - (Continued! PART B - PEROENTAOE DISTRIBUTION BY CLASSES OF SECURITIES Public aarketable inter est -bearing seoorlties 1/ Hsld by banlcs and insuraaoe companies coTered in Treasnry surTay Total Clu,lflutlon aaotiat ontitandlac By typ* of •ecurlty SeeurltlQB lenLed by United State, Treasury bill, Certlflcatee of IndebtedAaae Treaanry notee Treasury bonds Other bonds banks 11.0 13-3 11.7 58-7 9.U 12.9 11.2 60.9 .2 • 5-1 5.6 6.1 100.0 100.0 100.0 29.8 26.0 2U.U 7-7 26.6 26.3 27.7 7-3 5.7 6.? 31.3 27.9 29.1 6.0 6.6 • .1 100.0 100.0 100.0 100.0 lOO.C U.l 35-1 2-3 55.0 62-7 2.6 33-5 63-9 5 .7 27.5 72.0 U1.5 57.7 37.1. 60. 62.3 100.0 100.0 100.0 100.0 100.0 Bsld by all other investors .1 100.0 Ooaranteed Ifleues j/ Total 3. 550 fire, and trust 198 casualty, funds, and life Federal insoranca and marine Beserre eoapanios insurance oonpaniss Banks 2/ 1*90 5.739 SOBMSr- mutual saTin^s oial banks D. 7Ug insurance companies 6.229 banks Total 6.977 institutions Bald by OoTemaent a^ncies 11.2 15.3 12.3 16.6 IU.2 50. 1> l.U U.l U.O 88.2 1.6 1.2 1.9 92.2 1.5 2.5 2.8 90.? 1.0 g.6 6.7 gi.o • • • • ?.3 3-1 3.1 2.7 100.0 100.0 g.l 18.2 6.U 19.7 21.9 12.9 20.5 18.5 11. • 6.6 100.0 23.3 9.6 10.0 16.3 13.3 55.5 .g U.l U.l 100.0 ^ call classes Due or first becoaing callable Vitbln 1 year to 5 T*""* 5 to 10 years 10 to 13 years 13 to 20 years 1 Orer 20 years federal Honslng Idaiaistratios debentTires. "Sj taz-exenption proTiaions Wholly exenpt froB Federal Income taxes U/ Partially eienpt fron Federal income taxes Subject to Federal income taxes 37.lt 10.9 6.7 18.7 « Total in. 33.9 28.9 28.2 5.5 l.g l.g ^ 60. 100.0 Total • lU.U 38.6 18. 25. g 21. » 2U.3 13.7 15.0 6.8 26.9 16.7 t.7 12.8 21.7 21.0 7.0 35-3 2U.g 17.9 9.0 5.3 7.8 • 100.0 100.0 100.0 2.5 36.9 U.9 36.2 58.9 55.7 100.0 100.0 100.0 9.U 1U.9 PART C - PERCENTAOE DISTRIBUTION BY 0R0UP3 OF INVESTORS Public markatable interest-bearing securities 1/ Held by banks and insurance companies coTered in Treasury surrey Total amount outstanding Classification 6.229 banks Total 6.977 institutions Total Ooaranteed issues Total a. 3. Beld by all 550 fire, and trust other casualty, funds, and investors Federal insurance and marine Beserre eompaniee insuranca companies Banks 2/ 7Ug insurance companiefl U90 5.739 commer- mutual cial sarln^s banks banks By type of security Sectirltles issued by United States Treasury bills Csrtlficatee of indsbtedness Treasury notes Treasury bonds Other bonds Held by OoTsrnment a^ncies 19s life 19.9 26.9 2U.9 20.7 76. U 1.5 .2 22. g .9 7.g 1.7 16.U 1-5 1.' 3.1 10.5 9.U .1 .2 17.1 6.U lO.U 1.2 2-3 10. 100. 1.6 26.0 7.'t 1.1 2.3 2.3 u.l 6.3 2.3 n.9 100.0 100.0 100.0 100.0 100.0 100.0 100.0 li.i 7.U 9.9 8.5 20. 16.1 1.7 2.U 3.0 19.5 3 ^ 7.7 12.7 By call classes Due or first becoming callable Within 1 year 1 to 5 y^&^s 3 to 10 years 10 to 15 years 15 to 20 years Ore r 20 years Federal Housing Administration debentures. Total 9.1 8.8 17.7 21.9 3 25.8 21.2 25.7 6.2 2.3 lO.g 21.9 12.9 11.1 lO.U 21. g 20.1 2-3 10. u 5U.6 10. 5-1 l.U 3-9 l.U 17.3 U1.5 33-2 56.5 lO.g 21.9 • III. By tax-exemption prorlsions Wholly exempt from Federal Income taxes U/. Partially exempt from Federal Income taxes Subject to Federal income taxes Total ^ 100.0 100.0 100.0 36.9 67.1 100.0 67.3 69.5 Less than $500,000 or less than .05^. Public marVetable interest-bearing securltlss Include all interestbearing securities outstanding except (1) special issues to GoTernment agencies and trust funds, (2) adjustsd serTice bonds, (3) depositary bonds, (U) United States savings bonds, and (5) tax series Such notes and (6) Commodity Credit Corporation demand obligations. obligations were held by inetllutlone reporting, as follows: Cl) dscommercial banks, $1U1 millions; (2) United States posltary bonds: commercial banks, $195 millions; mutual BBVlngs banks, savings bonds: $102 Billions; Insurance companies, $130 millions; all institutions, $U28 millions; (3) tax series notes: commercial banks, $52 millions; mutual savings banks, $1 million; insurance companieSt $29 millions; all Institutions, $81 mllllone; I 1/ 50.2 (U) Commodity Credit Corpo- ration demand obligations: holding of theee obligationB are not reported, Exclades Exchange Stabilization Ptind. Exclndes obllRatione sold directly to the Treasury. Securities the Income from which la exempt from the nomal rates and the surtax rates of the Federal income tax. Securities the Income from which Is exempt from the normal rates of the Federal Income tax. (in the case of partially tax-exempt Treasury bonds, interest derived from $5,000 of principal aiiount owned by any single holder is also exempt fron the surtax rates of the Federal income tax. 53 Summary Data fjpon Treasury Survey of 0«nnership of eecuritles Issued or Guaranteed by the United States, March 32, 1943 - (Continued) Table II.- Distribution of Ownership for Each Issue Outstanding PART A - PAH VALUES IN MILLIONS OF DOLLARS PaVLle iuurtotsU> lateraat-btarlsg saourltlM 1/ Eald bj banks and lararnc* oocpcalaa aoTarad In Traaanrj corray Hald 0. lant, olualflal lotftl bjr tA9-«xttaptloa proTlBioft oat•tondiic Khally aiaapt fr»a >a*aral laoeaa tazaa 2/ Traasarj notaa 19h3 l-l/Sjt Jnaa Saptaabar 19>I3 1^ l>l/«^ Saoaabar 19>t3 li 3/U;( li j/^i Naroh Jnaa Saptaabar Marsh stnal olal aaTis^a eaaaaltjr, aad aarlna eoBpaalaa laaaraaaa eaapaolaa fnada, aad Vaderal fiasarra Baaka 2/ 97 66 t7 19II 5 1 17 76 >I8 Hll 3 11 3 123 120 a 3 5 22H 178 217 I16 263 2*5 2>>2 3.261 1.26* 1.117 1.167 171 6 20 78 30 20 78 30 19 9 103 158 10 10l» !!' >i7 2W» 108 163 29 37 39 29 118 166 19 11)6 13 30 23 205 117 • • 50 29 12 196 fatal boada fatal ibollr axaapt froa Padaral ieeoaa taxaa 13 3.*57 1.277 1.199 1,17s I15U 218 793 831 199 6U7 625 171 593 570 619 766 U7H U20 508 3H7 1U5 202 yik 6kz 2U 185 l>66 I1I2 t|89 35t 30li 103 176 135 111 9 290 560 733 2't5 Partially aaaapt fron fadaral Ineeaa taxes fraaaury boada V 3-3/8)( Jma J-l/U^ Oetobar 3-1/lljt iprll 19't3-'i7 I9U3-A5 19USJ»6 laeambar 19Wl.slt 2.3/U^ Saptaabar 19>tSA7 2-1/2^ Caeaabar I9U5 >ii ••• 1.519 1.037 i.aH 5U1 yj/Mi March Jnna yf I9I16-56 19lt6-U« 3-1/8^ Jsna 19>>6-ll9 1.036 819 U-l/UjS October 19U7-52 19U7 1948-51 1.223 59U 919 '•51 uoi 571 U91 '178 19't9-53 2-l/2i( Saptaabar 1950-52 1951-5'' 2-jfki Jnna 1,786 1.186 1.627 l.27lt Sapteabor 1951-55 Deceaber 1951-53 Jane 1953-55 755 1,118 725 2J./U* Jane 195'<-56 1955-60 i-l/ei March 2-3/1*^ Saptaabar 1956-59 681 5U5 2,6U 982 Zi Daeeabar a-3/U)t March 2-1/2^ Septaaber I9U8 Seceaber 19Ug-50 2^ 3-l/8)t Daceaber 19U9-52 2-l/2)t Deceabor 3)f 2-l/lt)( 2)f 2-3/U)t Jrma 2-3/lti( Deceaber 1958-63 I96O-65 fatal Treasary boada >te9 759 701 5U8 676 1I16 205 58 U6 12 57 9 20 112 128 55 152 llO 25 87 88 82 16)> 15 22 33 46 57 52 65 2U7 122 187 62 27 2 23 28 22 97 126 27 >I82 69 367 23'« 162 35 115 72 1)10 22ll 35 29 121 1,100 707 807 60 61 167 llU 167 307 lUi 1,2a 1,160 768 91k 868 63U 260 813 610 206 786 600 5U 27 10 85 55 2k 103 U2 657 1123 U3I 630 387 10 l,22ll W12 7*2 36 935 70 1 ^? 186 vug 259 380 \>T all othar iaraatara 290 129 232 265 111 117 Bald 5* 271 113 285 119 283 718 X9U5 198 Ufa 5.739 fatal bjr g. Ooramaant a^aaclaa aad traat 550 flra. 21H 170 »5 gi 19>>H 19)tk Tatal TraaatUT aotaa II. Ta«al 6.S77 laatltutloaa 7*^ iaanraaea eospaniaa 1>I9 625 279 19Ut Beada ?aatal aarla^ Panaaa Caaal Coararslaa 6,229 baaka 7 57 2't2 5 50 U6 '? 919 691 322 269 l.'»85 1.007 5a I461 53 60 lei 295 360 125 80 129 26,581 17,686 13.533 12.370 I.16U >».152 3.025 1.127 3.079 7H 171 189 380 Sumnary Data from Treasury Survey of Ownership of Securities - (Continued) Issued or Guaranteed by the United States, March 31, 1943 Table II.- Distribution of Ownership for Each Issue Outstanding PART A - PAH - (Continued) 5 9 8 9 55 Sumnary Data from Treasury Survey of (Xmershlp of Securities Issued or Guaranteed by the United States, March 31, 1043 - (Continued) Table II.- Distribution of Ownership for Each Issue Outstanding PART B - - (Continued) PEROENTAaE DISTRIBUTION BY 0R0UP8 OF INVESTORS Public BKTkatKbl* Intsreat-liaarlng aeeorltlai 1/ Hold by bKnka and Inauranca companiaa coTarad in Traaanry aurray Hald bj C. taLX-«xa^tlOB proTltlOB Total aaooat outatkBdlBc ^kS ineoranoa eonpanlaa 6,229 banka Total 6.977 Inatltutlona and traat 198 fanda, and Ufa caaoaltj radaral Inanraaea and aarlna Beaarra conpaaiaa Inarsranoa Banka SJ coBpattlaa U90 natoAl 5.739 comnerolal aavln^ baaka I. 550 flra, banka 42.1 39.8 28.6 1.1 S. Ooramaant a^nelaa laid by all othar laraatora Wholly aTBinpt froa federal Inooaa taacaa 3/ Traaaury notea l-l/8i6 June lit Septombar l-l/Slt Daoeabar 1^ J/Ui March 1943 19l»3 19l»3 19I14 100.0 100.0 100.0 45.2 42.6 35.'« U3.1 40.6 29.2 .8 .6 2.1 2.0 6.2 igIA Jona Saptaabar 19l»l» 3/4* March 1945 Total Traaaury aotaa Bonda Poatal aarla^ Panaaa Canal *.*.•••>•••>••••••••••••• ConTeralon Total bonda 100.0 100.0 100.0 100.0 43.4 42.9 42.2 41.2 16.2 34.2 41.6 40.9 16.6 36.6 100.0 38.8 36.4 35.8 100.0 100.0 100.0 10.1 1.5 9-7 1.2 9.4 1.2 5 .4 6-5 6.2 6.0 36.9 3U.7 34.1 42!4 37.6 6.2 3.9 3.6 4.2 10.4 13-5 .9 46.2 46.2 1.3 55.2 • 1.2 1.2 .4 .4 100.0 lit 1..1 4.9 Total vholly e^apt froa Padaral ineoaa tazaa • 15.8 33.7 .6 .3 1.3 1.8 .6 1.7 A 18.9 15.8 16.6 37.6 41.3 10.6 66.9 52.9 1-5 12.6 48.6 .3 .1 .2 28.6 .3 .2 17.1 76.4 2.3 1.4 12.9 50.2 2.0 7-3 10.4 2.2 3.1 3-1 22.8 9-8 16.1 33-5 29.2 :5 .1 2.4 .3 61.3 98.5 99-5 PartlallT ajaapt froa Padaral Inooao V taraa Treaeury bonda 3-3/g?tJune S-l/U* Oetobar 3-1/4* ^>rll 29.1 19114-46 100.0 100.0 100.0 48.1 56.6 5^-7 43.9 46.2 41.2 Deceiiber 1944-* 4* 2-3/4* Saptaabar 1945-»7 2-1/2* Deeembar I945 100.0 100.0 100.0 59-7 63.1 78.3 '*5.7 40.5 41.8 64.2 5.2 4.6 3.U 14.0 16.7 10.7 10.5 13.4 5-3 3-5 3-2 11.4 46.4 67.6 13-7 3-6 28.9 23.2 18.1 3-3/4* March Jona 3* 3-1/8* 1946-56 1946-4g 1946-49 100.0 100.0 100.0 64.1 62.0 99-7 43.1 45.0 43.2 37.8 39.8 37.2 5.2 5.2 6.0 21.1 17.0 16.5 18.4 14.1 13-7 2.6 2.9 2.8 14.3 19.8 10.7 21.5 18.2 29.6 4-1/4* Oct obar Dacaabar 2* 2-3/4* March 1947-52 I947 1948-51 100.0 100.0 100.0 38.2 16.9 4.8 15.2 .8 u 10.9 79.9 59.9 6.0 1.7 4.7 9.6 75-1 32.2 78.2 55.2 12.4 2.8 .2 13 -U 34.0 15.1 11.5 2-1/2* Septeabar 1948 Deceabar 194g-50 2* 3-1/8* Dacaabar 1949-52 100.0 100.0 100.0 89.0 83.7 77.2 80.1 78.6 52-7 78.1 75.1 2.1 3.5 7.0 8.9 5-5 1.3 17.8 3-3 1.0 8.8 9.4 10.0 7.5 13.3 2-1/2* Dacoabor I949-53 2-1/2* Saptaabar 1950-52 1951-54 2-3/4* June 100.0 100.0 100.0 71.3 78.8 75.0 65.0 64.8 56.2 1:1 4.0 13.8 10.3 11.5 14. 9.6 Saptembar 1951-55 3* 5-1/4* Oeeambar 1951-53 Jane 2* 1953-55 100.0 100.0 100.0 '•5.7 3-1 2.5 3.0 12.9 11.3 3-7 41.4 87. 2-1/4* June 1954-56 I955-6O 2-7/8* March 2-3/4* Septaabar I956-59 100.0 100.0 100.0 80.1 46.9 66.9 13.1 38.7 2-3/4* June 2-3/4* Oacaaber 100.0 100.0 75.2 67.8 Jm 19'»3-47 19^3-45 1958-63 I96O-65 Total Traaaury bonda 100.0 77.7 66.5 '»5-7 24.5 6.4 l4.1 49.6 s.u 5-2 6.6 34.4 72.8 84.2 27.2 70.3 82.8 7.2 2.4 1.4 11.3 4.9 3-3 8.2 2.4 64.9 28.4 43.0 63.4 24.1 1-5 4.3 3.6 15-2 18.4 23.8 10.1 14.0 16.5 l.l 7-3 6.8 14.4 14.2 5-8 32.1 24.3 8.0 8.4 8.7 16.0 23.5 11.4 4.2 11.6 21.9 61.6 59.6 39.'* 18. 29.3 31.1 50.9 4.0 40.2 32.7 46.5 4.4 15.6 (Contlnoad on follovin^ pae«) 14.9 .3 10.9 13-5 11.1 8.8 18. I 56 Summary Data from Treasury Survey of Oimershlp of Securities Issued or Guaranteed by the United States, March 31, 1943 Table II.- Distribution of Ownership for Each Issue Outstanding PART B Iaau«, clasilfled by tax-axt^tloB proTialoB - - PERCENTAOE DISTRIBUTION BY 0R0UP3 OF INVESTORS- ( Continued) (Continued (Continued) PRICES AND YIELDS OF GOVERNMENT SECURITIES (Including securities issued by Federal agencies) -57- 58 Over-the-counter Closing Quotations on Public Marketable Securities Issued by the United States Government and by Federal Agencies April 30, 1043 Table I.- Securities Issued or Guaranteed by the United States Government PARI A - TAXABLE BONDS, NOTES, AND CERTIFICATES 59 Over- the -Counter Closing Quotations on Public Marketable Securities Issued by the United States Government and by Federal Agencies April 30, 194.3 - (Continued) Table I.- Securities Issued or Guaranteed by the United States Government - (Continued) 60 Over-the-counter Closing Quotations on Public Marketable ^curities Issued by the United States Government and by Federal Agencies April 30, 1943 Tablfe II. - - (Continued) Securities Issued by Federal Agencies but not Guaranteed by the United States PART A - ISSUES QUOTED ON A PRICE BASIS Aflwu&t outttandln« (Million*) 61 YIELDS OF TREASURY SECURITIES APR. 30 Based on Mean of Closini^ Bid and Asked Quotations 1943 . . ) . . . . . . 62 Average Yields of Long-Term Treasury and Corporate Bonds (Percent Partially tfti- exempt Date Taxalile Treasury boDde Treaeiiry Partially Partially Hl^Taxable taxgrade Treaexuy exempt corporate Treaeury bonds bonds bonds 1/ 17 Highgrade corporate bonde tonda 1/ HightaiTaxable grade exempt Treasury corporate Treasury bonds bomla 17 bonds 1/ Monthly Series U/ Teh.. Mar.. 2.88 2.79 2.77 3.60 3.52 Apr. 2. 71* Majr.. 2.72 2.72 3.'*7 3.1*8 1935-Jaii. June. 3. 1*9 1938- Jan.. Feb.. Mar. 2.65 2.6U . 2.61* Apr. May.. June 2.62 2.51 2.52 3.25 July. Aug. Sept. 3-17 3.15 3-16 1.99 2.10 2.01 2-57 2-71 2.73 3.15 Apr. Hay.. June. 1.96 1.92 1.91 2.76 2.75 2.70 2.52 2.51 2.5* 3.12 3.10 3.12 July. Aug. Sept. 1.90 I.9I* 2.66 2.65 Oct.. Sot.. 3.1*3 Feb.. Mar.. 2.1*8 3.06 2.50 3.01* Oct.. Not.. 3-11* 2.69 2.76 2.85 3-35 2.85 3.U6 3.1*1 . 2.83 2.83 3.39 >c.. 2.1*9 3.02 1936-Jan.. 2.80 1939-J»n-. Feb.. Mar. 2.1*7 2.31* 2.96 2.90 2.87 2.30 2.17 2.13 July. Aug. Sept. Oct.. Not. Julj. Aug.. Sept. Oct.. Nov.. Dec. 3.1*1* . 3-1*7 Feb. Mar.. 2-7,7 3-32 3-26 2.71 3.2I* Apr. Mar.. June 2.68 2.66 2.66 3.22 3-19 July. Aug. Sept. 2.55 2.61 2.60 3-18 Oct.. Hot. 2.62 2-53 2.51 3-11* 1937- Jan.. Feb.. Mar.. 2.1*7 3.0? 3. 21* 3. 36 Apr. Ma;.. June. 2.80 2.76 2.7G 3. 1*3 3-36 3-31 Jul;. Aug. Sept. 2.72 2.72 2.77 3.27 3-25 3.26 Oct.. 2.76 2.71 2.67 3-26 3.22 3.17 Oct.. Not.. 2.05 2.05 2.06 2.09 2-33 2.32 2-35 2.36 2.70 2.70 2.70 2.72 191*3- Jan. 2.09 2.09 2.08 2.08 2.36 2.36 2.36 2.36 2.72 2.73 2.71 2.72 Feb. Bee. 3.11 3-07 . . . Dec. 7. lU. 21. 28. Dec. 5. 12. 1926. 2.61 2-57 2.68 Feb.. Mar.. 2.01 2.09 2.00 2.37 2.39 2.35 2.76 2.80 2.80 2.92 2.86 2.78 Apr. May.. June. 1.98 1.97 1.97 2. 31* 2-77 2-76 2.75 2.76 2.79 3-29 July. Aug.. 2.00 2.02 2.03 2.31* 2. 71* 2. 31* 2.31* 2.73 2.73 3.11* Oct. Not.. 2.33 2.72 2.31* Dec. 2.05 2.06 2.09 2.36 2.71 2-72 2.81 2.79 2.77 191*3- Jan.. 2. 06 Tab.. Mar.. 2.06 2.08 2.32 2.32 2.33 2-70 2.68 2.70 2. Apr. 2.02 2.32 2.68 2.93 2.86 71* 2.2( 2.25 2.18 2. 916. 2330. 6. 1320. 27. - Sept. 2.85 2.80 2.71 2.10 1-97 1.89 Dec. Dec. 19l*2-Jan. 2.87 2.93 2.39 Weekly Series 19l*2-NoT. 2.61* 2.23 2.22 2.37 2.25 2.38 July. Aug. Sept. . 3-15 I.9I* 2.30 2.32 2.25 Apr.. May. June. . Dec. 3. 16 . 1.88 1.85 1.96 2.1*1* , Apr. May. June . 2.60 2.U6 2-35 Feb.. Mar.. . 3.2l* . 2.16 2.21 2.65 191*0- Jan.. 2.U6 2. 60 . 19l*l-Jan- 2.70 2.65 2-59 Saturday Figures 5/ 2.08 2.06 2.06 2.06 2.06 2. 31* 2.72 2.71 2.70 2.69 2.69 19l*3-Mar. 2.32 2.32 2.32 2.32 2.06 2.06 2.06 2.05 2.31 2.32 2.32 2.32 2.68 2.68 2.68 2.69 Apr. 6. 1320. 27. 3- 10. 17. 21*. 2.06 2.07 2.096/ 2.0S 2-35 2.33 63 * « I - 5 GOVERNMENT AGENCIES CORPORATIONS AND CREDIT OF THE UNITED STATES 6k- . 7 . 8 2 8 g U 9 65 Assets and Liabilities of Government Corporations and Credit Agencies March 31, 1943 (In millions of dollare) InreBtmente Preferred capital Corporation or a^noy Total Loa stock: U. Cash u etc. GoTem- Ul.O 198.7 121.1 257. "t 565.3 . 21*3.5 1*62.9 29.6 6gU.l Lilts. U.g 17.1 7.7 78.6 5l*.2 126.3 22.2 28.6 1*8.1 172.1 260.7 117.7 38U.1 2,065.0 212.1* . . . 51*8.7 22.6 6.852.6 7/ 6U.0 BFC Mortgage Company, The fiural Ilectrlfication Administration. Tennessee Valley Authority War corporations (World War II) 10/.. War Shipping Administration Other Qovernment agencies 11/. Gross total. 110.5 359.5 638.5 .1 3-7 25.1* 1.2 75-2 51U.3 1.0 -7 18-6 6.2 33.2 80.0 .1* 1*5.0 3.3 21. 10.0 .1 -5 u.u 1.3 1*1. 2.1 51:2 .2 150.0 U.g 2.3 5-3 9.0 U0.7 7-2 7.0 128.2 31-7 7.2 36.0 93-7 6.2 -7 381.0 99.6 .u 1.6 7-5 2-5 109.1* 61*. 1-5 .1* 10.0 3-8 5.7 1.6 2.6 215.9 16. 2.6 9-7 .7 7.7 35-1 91.3 62.6 8.3 -7 .2 .1 5-1 1*7-6 .1* 89.1* 6.1 .529-7 13.8 1.2 358-5 50.0 31*. 8 1/8/ -9 1*. 1*29. 360.7 .1 2.3 9.3 6.5 97.2 3 12.6 59-8 .3 7-38/ 29.7 3-8 6.7 .1 17-^ U.l 3.975-1 15.0 513.2 .2 lt,W»7.2 37-8 11*5.2 27.6 .3 20.1 617.7 5-5 3.0 6,21*0.2 31*1*. 102.2 • U, .1 25.7 71.0 127.6 89.1* .1 1,700.1*5/ .3 U.9 l,507.t .1 26.U 76.5 1.7 ^ Tennessee Valley Associated CooperatlTes, Inc United States Maritime Commission War corporations and activities (World War I) 2/ 1.8 Other assets 15-1 1.539-8 206.5 2,015.0 25.1 2.6 C^>ltal Beal es- Due from stock and tate and Govenipaid-in other ment surplus of buslnesG corporaOoTernnent property tions and corporaagenciee tlone 7l*.9 33-6 1.1 9.9 37.2 U.2 Panama Bailroad Company Production credit corporations. Public Works 6/ Puerto fiico Beconstruction AdAinistratien Beconstruetlon Finance Corporation Beglonal agricultural credit corporations 2/ 5.9 139.6 ^ ^ 28.9 2.0 275.8 16.1* Federal Public Housing Authority Federal Savings and Loan Insurance Corporation Federal Security Agency - student war loans Home Owners' Loan Corporation Inland Waterways Corporation Interior Department (Indian loans). recelvalJles 1*7.6 265.8 Federal home loan banks Federal Housing Administration.... Federal intermediate credit hank*. Federal land banks kj Federal Bational Mortgage Association... Federal Prison Industries. Incorporated. Accounts and other 57l*-7 1*83.3 Export-Import Bank of Washin^on. fam Credit Administration TaTD Security Administration Federal Crop Insurance Corporation....... Federal Deposit Insurance Corporation.... fedsrEd Fans Hortga^ Corporation Securities ment teed "by securiUnited ties States 256.5 2.079.5 21.2 Banks for cooperatlTea Comnodlty Credit Corporation. Dlsaater Loan Corporation. . S. Interagency aseeta 55.8 .6 5A50.7 l50.lt 6U1.9 68.6 76U.8 6,305.8 26.5 11-5 35.991.8 8,002.6 U8I.7 .8 it.5 193.9 6.1 l.lt07.5 i.iUs.e 275.7 757.8 1.303.3 10,865.6 1*60.7 -10.865.6 597.3 10,690.8 -1*60.7 Ad.^istment to ellminAte interagency Interests Net total -11,326.3 2l*,665.U 8,002.6 1*81.7 597.3 l,lU8.8 275.7 757.8 1,303.3 l.'t07-5 10,690.8 j£ (Continued en following page) U 9 5 . . 9 7 6 9 c 5 9 66 Assets and Liabilities of Government Corporations and Credit Agencies March 31, 1943 (Continued) - (In millions of dollars) Proprietary Interest LlaMlltlsB and reearves Owned by lilted States 12/ Liabilities Sxcess Corporation or agency Total Banks for oooperatlTes Comfflodity Credit Corporation. Disaster Loan Corporation.... 53.8 1.996.8 Ooaranteed try United States ( Includes accrued interest) federal Crop Insurance Corporation.... federal Bepoait Insurance Corporation. Federal Farm Mortgac* Corporation Federal home loan banks Federal Housing Administration.... Federal intermediate credit banks. Federal land banks kj Federal National Mortgage Association.... Federal Prison Industries, Incorporated.. Federal Public Housing Authority Federal Savings and Loan Insurance Corporation Federal Security Agency - student war loans Hot gaarazL- Doe to Ooremment corporations and 51.'* 271.6 851.7 1.6 93.2 .6 213.1* 16:2 16.1 91*3.1 66.U 26.2 295-8 alto. 16.1 18.7 7.9 .1 376.1 91.0 66.>» .2 .1 l,5lU.8 .5 ,1 .5 uu.u BFC Mortgage Company, The fiural Electrification Administration. Tennessee Valley Authority 1.930.1 308.0 13.5 289-3 100.0 10/.... Other Government agencies 11/ OroBt total. AdJuatB«nt to ellslnato intora^ne/ Interest. -21.5 139.3 13-5 150.0 100.0 35-0 150 -0 100.0 194.3 91-5 88.2 69.6 12l*.7 12U.7 91-5 88.2 60.0 28.2 lt8l*.3 226.2 145.O 7-7 11.7 91-5 8.7 1.555-8 32.lt 52.1 289-7 258.1 17.7 15.8 113.1 11*1.2 IU1.2 1.0 11*0.2 137-5 100.0 37.5 U.2 10. 200.0 •115.1 11.2 12.0 81*. 81*. .7 .2 23.2 2.6 23.2 2.6 10.5 1.9 .1 .3 58.1 127.1 58-1 127.1 89.1* .2 22.1* 22. It 125.0 633.8 62.2 633.8 62.2 325-0 .1 t-3 26.6 128.7 556.6 25.0 .6 26.6 128.7 556.6 .3 .3 1,1*66.7 .1 27-9 2,607.1* 2,607.1* 5 .2 .1 .2 5.6 5-6 5.357.9 203.8 l,U7't.7 3.869.3 119.6 • 92.7 561.0 92-7 561.0 6,2U5.6 6,2U5.6 11-5 .2 6,218.81/ 979-58/ 373-61/8/ 4.660.0 12/ 1.8 1.6 83.9 230.8 3.0 80. 80. 230.8 20.1 81. 56.8 60.3 60.3 22,230.1 U.396.0 5,809.1 -10,865.6 11,361*. 6,11*2.0 -6,11*2.0 4.396.0 U.723.6 1,159.1* 13.761.7 -U.723.6 2/ 8/ 3/ 10/ 11/ 12/ X]J 1*110.6 -I160.7 1.159.1* 13,300.9 5.8O9.I Dally Treasury Statement. Less than (3O.OOO. Excludes unexpended balances of appropriated funds. Includes deposits with the Beconstructlon Finance Corporation and Interest thereon. Bapresents chiefly commodity loans and underlying security taken over from lending agencies piirsuant to guaranty purchase agreements. Also includes commodities acquired through direct pxirchases from producers and others, as well as Interagency transactions of "lendlease" funds which figures are not available, and which would otherwise be shown under "Doe from Coveronent corporations and agencies". Includes the assets and liabilities of the Federal Land Banks of Louisville and Houston which have retired stock and paid-in surplus previously held by the Federal Qovemment Figures shown are as of February 28, 19'^3t the latest available. Consists of loans made by Public Works Administration for $88,768,71*7 and by War Public Works for $67^,706. li: 1*40.6 2.6 7-0 120.0 51.1 7.1 89.1* 22.lt 1*1*. 308. 88y 17.7 1.6 128.7 556.6 3 2,607.1* 25.5 -23.8 3.9 186.6 .116.8 22.9 561.0 13.321.1 2,121.9 -460.7 l*.l u.2 9 Tennessee Valley Associated Cooperatives, Inc United States Maritime Commission War corporations and actlvitias (World War I) 2/ s/ 1*3.8 308.0 89.1* Puerto Hlco Beconstructlon Administration fieconstruction Finance Corporation Beglonal agricultural credit corporations 4/ 22.8 .5 ^ Source: 175.0 i»3.8 12.9 Panama Hailroad Company Production credit corporations. Public Works 6/ Bet total 197.8 1*3.8 137.5 283.7 .7 2.0 2.0 ^ War corporations (World War II War Shipping Administration... 25.1 -17-3 -3.0 17.7 15.8 61*. 10U.3 90. ^ Home Owners' Loan Corporation Inland Waterways Corporation Interior Department (Indian loans). 172.0 100.0 2U.0 5.6 1*.2 '07.5 Nonstock 197.1 82.7 21.0 202.7 82.7 21.0 308. 1.7 3.2 295-7 1.580.7 19U.7 Capital Surpltts stock Total 197-8 * .9 3?"*. 8 asseto Pri(Total vately proprie- ovned tary Interest) Other TreasTuy .1 213.7 257.3 1.W3.7 fie- serres sic*aciet teed 137 United States .8 780.3 .1 Export-Import Bank of Washington. 7ara Credit Administration Farm Security Administration of 6.23U.I 5I8.6 10,680.6 517.6 10,680.6 -1*59.7 12.860.3 1.662.2 Includes the Ilectrlc Home and Farm Authority which was transferred for purposes of liquidation to the Reconstruction Finance Corporation by Executive order effective October 31, 19U2. Adjusted for Interagency items and items In transit. Comprises Havy Department (sale of surplus suppliee). U. S. Housing Corporation. U. S. Ballroad Administration and U. S. Spruce Production Corporation. Comprises Cargoes, Inc., Defense Homes Corporation, Defense Plant Corporation, Defense Supplies Corporation, Institute of InterAmerican Affairs. Inter-American Navigation Corporation, Metals fieeerve Company, fiubber Development Corporation, Rubber Reserve CotrpBSis, Smaller War Plants Corporation, U. S. Commercial Company and War Damage Corporation. Comprises Treasury Dipartment and other Government agencies not listed in this statement. Excludes the Interest of the United States represented by obligations held by the Treasury. Excludes $5,000,000 in transit to Federal Farm Mortgage Corporation. 67 Sources of Funds of Certain Government Corporations and Credit Agencies for the First Nine Months, Fiscal Year 1943 Corporation or agency Central Bank for CooperatlTes Comisodlty Credit Corporation Appropriations from General Fund of the Treasury 1/ $ 22,000,000 Allocations, rftdiicounts, and loane from other govemnsnt cor* poratlons and credit agencies (net) $ Sals of obligations to Tre&eury (n*t) Sale of obligations in the market (net) agencies $ -379,900 12.109,808 $ -9. 815. 51 "t 2/ Sale of stock to other 1450,000,000 $ 56,715,000 DlsaBter Loan Corporation £xport-IiEport Bank of Washington Federal Deposit Insurance Corporation 198,819 -263,000,000 Federal Farm Mortgage Corporation -5'», Federal home loan hankfl Federal National Mortgage AsBOClatlcFederal Public Housing Authority -"t. 500,000 575. 558 9.000.000 12,009,078 Federal Savings and Loan Insurance Corporation. -262,000.000 Home Owners' Loan Corporation 8.151.000 Reconstruction Finance Corporation j^ Total Corporation or agency 2.565.976 667,898 150.000,000 2,070,069.1*97 »176.759.5>«) War corporations \j -323,599,000 16,079,811 RFC Mortgage Company, The Sural Ilectriflcatlon Adainistration 2.195.1*7,000 $2,102,701,275 Sale of other property aoqolred 1,500,000 »2. 129, 1(47, 000 $-321,381*, 000 $1,120,100 68 Usee of Funds of Certain Govomment Corporations and Credit Agencies for the First Nine Months, Fiscal Year 1943 CorporatloB or acenear 69 Sources of Funds of Certain Governinent Corporations and Credit Agencies from Inception of Organization through March 31, 1943 Corporation or agency 70 Usee of Funds of Certain Government Corporations and Credit Agencies from Inception of Organization through March 31, 1943 Expenses Corporation or agency Administrative $ Central Bank for Cooperatives Commodity Credit Corporation Nonadmlniatratlve $2,905,810,181 153. 566 3.737,062 Federal Deposit Insurance Corporation 85.192.386 Federal home loan ban]£s 196.63U,075 KFC Mortgage Compan;/ . Hural Electrification Administration 239 7,565.333 151.31*3,01*8 1*95, 99,676.113 •' - . 1.078.813,790 270,767.151 92,591* 21*1,259,61*2 Reconstruction Finance Corporation 2/ 18,823,313 937,776,211 l,?lt2,15g Home Owners' Loan Corporation Tae 6.535,375 22.312.81*1* Federa- ~avings aai -oan Insurance Corporation 2.21*6,836,511 30,088.783 5. 11*9. 1*77 It. Federal Public Housing Authority mortgages 1/ 253,020,017 11. 853. 896 Federal National Mortgage Association 5.8U2,536 ll*, 162, 039 '*,901,175 28,187,959 1.190.355,619 15li.8Sl,61*8 3.272,753.963 287 7.975.092,51*6 1*71*. :.^3=.6'*7 17.117,980 Total Corporation or &genaj $1,572,363,600 -53,1*1*3.777 366. 51*1*. 16 5 5.279.2S 8.393,S2 U.916.717.0U3 162.706.203 $51*5.11*2.105 War corporations U/ .T'^tlocs 1*26.086,003 18.252 30.1132. 892 Federal Farm Mortgage Corporation : ls=iuad In ex-..ange for 137.512 $ 838,198 Export-Import Bank of Washln^^on nf ob- $ 1,108.031* lit, Disaster Loan Corporation Retirement Purchase and Improvement of property owned $198,298.71*7 $8, 034.731, 078 $18,710,918,811* $1,572,963,600 2y INTERNAL REVENUE -71- STATISTICS . . . . , . . 72 Sumifiary of Internal Revenue Collections^ (la thonswiAi of dollart) Incoaa and profits taxaa XoploTsant taxai Boelal Saeorltj taxo! j^ or lontb Oorpe ration, l&eoas and axeaao profit! 2/ Total fotal 2.939.05U ladlTldual 1930 3,OiiO,ll46 1931 1932 1933 2, '•28,229 2,331,271* 2,1*10,259 1,860,01*0 1,557.729 1,619,839 1.056,757 7»6,791 2,672.239 3.281.792 819,656 1,105,788 U19, 509 3.'»9't,330 1,1*27,1*1*5 671*, 1*16 1,091,71*1 5.6U3,83U 2,179.828 2,629.016 2,185,105 2,129,606 1.028,831* 7.351.531 13.029,912 3.1*71.122 1.1*17.655 1,122,531 1,120,579 2,016,295 8,006,880 3,262,800 1*. 696.855 295,111 201*, 578 2,131,1*52 1929 W"* 1935 1936 1937 1938 1939 5,162.355 igw 5, igUi 191*2 19U2-Aprll May June Jul^ August 322, 768 " ,12U 6U5]i2ft 2.1*,,186 ' 807.i»5i* 1.095. 5ltl 833,61*8 1*27,191 352.573 397.516 572.115 738.520 1,056,909 1.299,918 527.113 1,286.312 265. 1*2,786 71*2,660 71*5 1*8 207.339 502,917 58,119 90,267 529,835 605,350 287 lU9,lt76 687, 1*59 895.336 U9,6l7 170,1*09 171. 318 121,01*7 2,71*6 889 178,337 l,393,M*S 6. 718 10.879 102.359 139.170 3.358 '*.970 19.523 727,125 108,218 167,739 28,383 7.286 1.11*5 21.283 23,880 221,585 3.196 16.602 127,019 177,282 22.096 120. 882 11*0.967 lt.562 5.536 5.993 808 30,322 16,726 133,919 183.195 25.263 127.882 5.1*08 629 lU8.1*78 2.576 5.753 951 28,961* 1,1*25.91*2 7.250 2.U60 11.231 21,736 217.368 689 2,872.526 5.319 3.771 20.785 122.626 291*. 338 26.276 91.229 181*. 307 919 30.896 81.761 2.819 28.270 22.538 828 120.031* 107.038 5.8U9 7, 11*7 156,218 120.313 October. . November December. 702.1125 220,386 26.1*68 81*5, 855 lgi*.5i*9 1.999.688 27.058 562.515 186.668 155.011 2.521.1*1*8 797.227 1.058,902 296.097 73.1*10 1*33.759 185,299 1*0. 5.273.1*21 U. 86s. 220 1.007.599 21*1*. 1.97'*. 909 l.'*72,335 April 1*8 31.178 109,1*27 122,01*8 1.1*36.081 . 2.631 6.560 ll*,509 101,167 106,123 100,658 62,873 523 . Act (Oia.a« (tTBaaploTsant InauraacaT loanranca) 687. 327 670.306 . Carrlara' Taxing Jlet of 1937 7llO,l*29 l6i*,032 19U3- January February March y Tadaral D^aaplOTuant Tax Xot 833.521 925,856 1,185,362 2.122,989 . CoBtrlbutlott! 33.71*0 681. 368 . T*d«ral Inanranc* 27,010 37.172 56,621 982.017 2.'*59.87lt . Total 1.235,733 1.263,UiU 1.026,-92 629,566 39U,218 1,11*6,81*5 Septemlier . MsasllABeooa profit! tazat 681. 617 325, 15»* 2.1*91* 137.871 601 501 Mlacallaneona Internal rarenna Tloeal year or nottth Total Cv>ltal atock tax Xatata and gift taxaa Alcoholic boTerage taxea Manufaoturera and retailers' excise ' Tobacco taxaa Stanp taxaa taucea 1929. 1930. 1931. 1932. 1933. 607.780 629,887 568.189 500.972 61.897 61*. 770 U«.078 873.01*8 31*. 1931*. 12.777 11.695 U3U. 1*1*5 1*50,339 l*W*,277 61*. 173 77.729 166 1*6.951* 138 322 25.010 18. 310 2»*7,75l 87,1*96 398.579 32,21*1 1*02.739 57.578 258,911 1*25.169 1*58.776 66. 580 390,038 11*7.156 371.1*23 1*3.133 500.786 551.923 567.777 68.990 69.919 31*2.275 379.5ltO 91.052 76 172 526,222 62,323 1*1*9,851* 1*6,233 1*16,751* 80. 161 117.501 579.781* 1*1,083 38.681 39.057 1*1,702 396.891 1*1*7. OSS 617.373 852,069 11*3,51*0 6O8.072 697.712 780.792 3.15? 2.95U 2.735 70.008 63.025 56.369 32,685 2.817 2.653 2.681 61.935 59.756 55.996 160.225 50.902 39.176 66.01*2 1*2.017 113.138 212,112 378.81*0 2,188.735 2,272.158 137.1*99 139.31*9 T05.5l*f H3.831 1*16.871* 567,670 1939. 1960. 2.236,821 2,359.6Ul 2. 95"*. 553 1*07,058 537.605 62H.06U 819.869 191*2. 3.837.670 127.203 132.739 166,653 281,900 360.715 360.071 191*1. 5UI 1.01*8,165 1*32. 1*10,926 505.21*3 293.526 276,807 281*, 351 291 1*3.090 81,1*27 1*85 25.087 25,321 8lt,07l* 62,866 65.79s 86.OOI* 71.1*1*6 July August. September 1*58.850 228 233 589 1*5.582 789 113.986 122.896 111.280 77.11*8 October. November Dacembar 31*8.120 1*78.111 266 . 185,1*1*5 35.1'*7 26.951* . 1*96,1*97 11*3.020 30,223 378.501* 330. 8O5 209 W.739 2l6 392 28.613 61.686 39.909 . 191*3 -January. .. February March April. 5o\ixce: 1/ !^ . 31*0.051* 311*. 378,925 31*1*, 702 31*, 1*3.171* 80. 168 91. 508 . 31*1* 310 91*. 91*3 . 6/ 1*7,1*22 l.l*81.l60 1.61*9,782 2.OOU.51I* May... June. Agricultural adjustoant taxes 10.1*32 8.701* 1935. 1936. 1937. 1938. 19l*2-Aprll. Miscellaneous taxes 265 -2.3621 29.681 27.919 Reports of colloctlons. Excludes collections for credit to certain trust accounts for territories ajad Insular posseBslons, etc. (except for the fiscal years I929 throi:^^ 193^- ^'hen they aggregated less than $1 million a year). Includes victory tax collections, Xxcees profits tax Imposed under the Second Revenue Act of I9U0. as amended. 077 73.933 71*. ll*,026 11*8.926 206.831 1*00.501 35.381* 1*2.212 82.532 78.607 81.359 3,167 3.399 1*7.137 32.13s 3.1*58 63.832 1*5.632 136,876 128,299 120,528 80. 565 68. 21*7 3.776 3.551 68.1*27 51.1*59 1*1.912 50.1*20 79.5* l*,i*l9 1*7.131* 65,222 112.757 76,681* 5,115 1*8,793 63.8O6 118. 91*9 IOU.U3I 128,973 k/ 5/ 6/ jj ConelstB of the declared value excess profits tax. the profit limiting proTlalons of the Vinson Act, and the tax on unjust enrichment. Por the period prior to September 1939 the data In the columns entitled Federal Insurance Contributions Act and Federal Unemployment Tax Act represent collections under Titles VIII and IX, respectively, of the Social Security Act. Includes tax collections under the Sugar Act of 1937 and under the dividends tax Imposed by the Act of June 16, 1933Includes correction of December 19U2 collection. 73 COLLECTIONS OF INTERNAL REVENUE Fiscal Vzars 1929 to 1942 FjrstIO DOLLARS Month* Fiscal Vzar 1943 DOLLARS Billions Billions I9J9 31 33 35 Manufacturers' and 37 '39 41 « . Ti Detailed Analysis of Current Internal Revenue Collections!/ (In thouaauda of dollara) First 10 mentba Flrat 10 month! April 19U3 Sources of raranu* Fiscal year 191*2 IncoBO and profits taxes: IndlTldusl Current Back Ilacal year 73.30;! 1,913,28"* 236,255 Sxoees profits taxes (Second Revenue Act of I9UO as anended) Mlaoallaaeous profits taxeai Declared value Tlnaon Act Unjuat enrichment 19"*2 3,868,032 136,725 3.078."*55 30"*,325 199.857 56 966,137 3.757,212 060 72.058 212 1.665 I*, 1.007,599 5,670,851 ll,5l8,90>* InplojrBent taxea: Social Security taxea: Federal Insurance Contrlbutlona Act ( Old-age Insurance ) Federal Unemployment Tax Act (Unemployinsurance) ment 107.03s 752,808 928.839 5.81*9 111.186 l'*5.77'* 112,887 Total Social Security taxes. 7.1'*7 Carriers' Taxing Act of I937. 120.03"* Total eaployvent taxea Mlaeellasaaus internal rereauci Capital atoek tax.. 989 , 2"*0 157. 1*3'* 1,232,01*7 291.591 31*1,383 2.536 Aleobollo boTorace taxea: Uatllled spirits (imported, excise) Slatllled aplrlta (doaeatlc, ezciae) Matilled aplrlta rectification tax Winea, corllala, etc. (imported, exclae). Vinea, oordiala. etc. (domeatlc, exclae). Brandy used for fortifying sweet winea (repealed aa of July 1, 19U0) Oaalara In dlatllled aplrlta; rectifiers; oaaufaoturers of stills (special taxes) Stanps for dlatllled aplrlta intended for e:Q»rt Oaae stamps for distilled aplrlta bottled In ^ond Container stamps Tloor taxes 90.539 ll([iiora Brewera; dealera in malt liquors (apeoial taxea) Total alooholio teTera«* taxea. Tetacoo taxeai Clgara ( large) Cigare (sinsu.1) Clgarettea (large) Oigarettea ( email) Ssuff lotaooo (obawlng and aaoklng). Cigarette papera and tuliea.... 2.eaf dealer penaltlea, etc.... Cigarette and cigar floor taza Total tobaooo taxae. 19.359 17.2"*5 2.227 11.830 593 "*.791 3 33 11.272 6.U11 107 36.013 8,766 30,219 "59.507 lU,g03 291 20,038 696 603,189 16,219 576 28,707 Manufaoturere' and ratal lara' azela* tanai •« Imbricating oila •. Caaollne Tires and tubee Floor taxes on tires and tubee Automobile trucks end buses Other automobiles and motorcyclee Parts and accessories for automobiles Ilectrical eners^ Xlectrlc, gas, and oil appliances Electric light bulbs and tubes Electric signs (repealed as of ll/l/"*2)... Radio sets, phonographs, components, etc.. Phonograph records Musical Instrument 8 Mechanical refrigerators, air-condltloners, etc Matches Floor taxes on matches Buslneee and store machines Furs - retailers' excise Jewelry - retailers' excise Luggage Optical equipment (repealed as of ll/l/"*2) Photographic apparatus Rubber articles (repealed aa of U/l/"*2).. Sporting goods Toilet preparations - retailers' excise.. Washing machines (repealed as of ll/l/"*2) Firearms, shells and cartridges Pistols and revolvers Repealed taxes not listed above 35.035 3,767 17.710 a. 787 39.U19 316.UXO 55.03S 21*6,019 311,1*27 15.108 61* 1 212 66 1.665 lb!*87 23!S6 16,597 "*.603 "*2,0«3 1*1.357 238 13,719 6,291 1*25 2,11*1* 3,ol*9 11 522 15,582 664 338 236 3,?6| l,l*2i 5"*o 5.02"* 71 1.71*2 1,507 1,177 71* ii»."»03 "*.668 803 3.832 1.692 7.771 271 l*,ggl i*,6oi 6.017 39.607 516 17,331 31,963 1.927 3 31"* 289 895 35 "*,275 2U 2.>I01 2.56i IU.715. 6.6U3 V' •z 25 10 3.963: 8,961 13.736 3,623 27,5«9 37 1,092 11 3.618 "*71 1*8.793 732.676 570. 5U 2 59 31.070 Total manufacturers' and retallera' excise taxes 5"*,8"*8 i.'*39 86 2,505 6"*, 1,2"*9 6U 5,61"* 8"* l,l« 752 3.995 968 9,660 38,>*72 iw!336 179 29'*,"*50 362,1*99 39 2,8l6 2,708 112.757 878,088 1,198,975 5.569 1 , Souroa: 1/ 125.2"+6 1,07"*, 613 328,237 37,373 01ft tax. 7emsnte< malt 863.99"* -2,3628/ 281,151 Satate tax. 2,292 5,115 Total atamp taxee. 772 Total tncoma and proflta taxea. Miecellaneous Internal revemie (continoed): Stamp taxea; Bonda. lasuea of oapital atocks, deeda of conveyance, etc Tranafere of capital atook and alallar Intereat sales Playing cards Silver bullion aalee or traasfara Fiacal year 19U3 300,220 298,395 Tletory tax Flaoal year 19"*3 362,016 2,380.318 2r,so6 135.83"* Corpor»tlo& Current Back April I9U3 Sources of revenue "to, 2,200 Miscellaneous taxea: Bituminous Coal Act of I937 Sugar Act of 1937 Telephone, telegraph, radio and cable, leased wires, etc Local telephone service Transportation of oil by pipe line Transportation of persona, aeats. bertha.. Tranaportatlon of property (effective 9 18. 576 79 13 23 69,802 579. 91*1 697,>*30 69"* •6,279 "*3,762 1*0,1*95 1,616 U,680 1*5,030 9.651 5.8I6 1,105 9,522 37.517 17.693 11.309 70,055 52,891 11.527 66,180 li«,632 Use of motor vehicles (effective 2/l/"*2) Use of boats (effective 2/l/"*2) Leases of safe-deposit boxes Admiasloas to theaters, ooncertat cabarets, etc Club dues and initiation feee Bowling alleys, pool tables, eto Coin operated devloea Adulterated and prooeased or renovated butter, mixed flour 2/ o'l'l filled cheeaa Oleomargarine, including special taxea. Narcotica, including marihuana and special taxes Coconut and other vegetable oils processed national Firearme Act All other, including repealed taxae not listed above 83 1 561 62,09)* 13,283 91.678 5.395 1.388 518 251 1 lUU 2.936 5.609 48.02} 138.095 310 5,158 128,716 5.276 1.629 9.280 28 l,g6i 2.26 6.3' 1.671 UO 150 6,1*08 3.831 125 "*.575 59.237 17.178 12/l/"*2) 11.838 90 580 l«,g90 1,171* I* 3 20 5 61*3, sitg 772.697 322,906 59l.''53 702 3.276.512 3.869.361 63,806 Total Bleoellaneous taxea. Total mlaoellaaeoua Internal raTenoa. 50 3"*"*. 8,509 76,68"* II 1*8 Saporta of oollootiona. Izoludea oollactlona for oredlt to eartaln tniat aecoosta for terrltorlaa and inaular. poaaeaalona, ate. l.'*72.335 9.936.602 16,620,312 Total Internal ravaaaa. 2/ 2/ colleotion. Includea oorreotien of Oacaabar Tax Impcaed upon the aasufacture and aale of. and the occupational tax on. mixed floor repealed aa of Hovember 1. 191*2. 19"*2 GOLD AND SILVE^R -75- STATISTICS . 3 2 6 5 . . U 8 u - 76 Gold Assets and Liabilities of the Treasury (In mllllone of dollartj Llabllltlea Snd of oalendnr year or Dontb Gold Aaeeta Oold Cert If loatei 1/ Qold Heaerre a^alnet U. Snotes, etc. 2/ Exchangv StcMllcaticu Fund j/ Sold IB Oeneral Fund 1,800.0 1,800.0 1,800.0 1,800.0 1,800.0 1,800.0 1,800.0 1,800.0 1,800.0 1,008.6 20,564.8 20,611.9 156.0 156.0 156.0 156.0 156.0 156.0 156.0 156.0 156.0 20,569.8 20,581.3 20,625.5 156.0 156.0 156.0 1,800.0 1,800.0 1,800.0 165.0 177.1 155-2 20,605.6 20, 634.3 September. 22, 751*. It 20,631*. 156.0 156.0 156.0 1,800-0 1,800.0 1,800.0 182-7 22.755-7 October. . NoTember. December. 22,71*0.1 20,628.2 20,631.2 20,611.9 156.0 156.0 156.0 1,800.0 1,800.0 1,800.0 155-9 156.2 1.800.0 1.800.0 1.800.0 11*8.9 1,800.0 155-7 193't- 8. 23s. 19351936. 193719381939- 10,122.9 11,257-6 12.760.0 i7.w3.lt 7.679-5 8.959.6 9.212-3 11.872.8 15,278.6 19W- 21,991*. 19. 825. 191*1. 191*2. 22,736.1 22.726.3 I9l*2-Aprll. 22,690.8 May... June. 22,7ll*.l* July 22, Au^at .... lit, 511. 22.736.7 71*1*. 22,71*3.11 22,726.3 5.27't.O 19l»3-Janu«ry... February. 22,683.0 22,61*3.8 20,578.5 20,533-7 March 22,575-7 20,1*70.8 156.0 156.0 156.0 April p. 22,lt72.5 20,360.7 156.0 Source: p 1/ Sally Treacury Statements, Preliminary. Comprises (1) gold certificates held by the public and in Federal Beeerre Banlcs; and (2) gold certificate credits In Ca) the Treasury Gold Receipts (In millions of dollars at $35 per fine 2/ ^ 1*87.1* 31*1.9 1.591-6 682. 1< UO8.9 213.2 215-3 158.1* 165. 163.6 158.lt lltg.5 15U.3 Gold Certificate Fund - Board of GoTeraors, Federal Reserve System, and (b) the fiedemption Fund - Federal Reserve notes. Reserve against United States notes and Treasury notes of 1890. Excludes gold in active portion of Exchange Stabilisation Fund. . .. . . 8 1 .. . .. .. . 3 7 3 S 1 7 5 77 Components of Silver Monetary Stock (la millions of dollarB) Silvel^ held In Treasury SeciLrlng silver End of calendar year or month Silver bulllcn Silver outside Treasury In General SVind certificates 1/ Subsidiary coin 2/ Silver dollars Bullion for recoinage 2/ Bullion at cost 35-2 38.1* 305.3 323-5 1.279.7 1,570.1 31*7.7 tl.S 350-'-* ?,i*02.3 U28.6 535-3 '»3.3 356. 2.806.5 1*1*. 1* 372.8 3.31*6.8 fal6.0 657-lt 1*8.1 391*. 1 52.5 63.0 1*22.1* 3.790.2 U. 060.0 1*93-5 l*.2l*l*.8 78.8 587-3 U, 65.1* 501.1* 1*,289.2 66.9 68.3 509-7 516.8 U.301.3 13.0 663.9 662.5 660.3 "•77.0 ''75.5 15.1 19.5 657.2 652.1 52U.3 531-7 I*. 1*73 -3 ll*.2 61*7.2 70.1 71.6 73.7 51*8. 1*,320.2 1*71.8 13-5 10.5 9.2 61*0.0 561.8 575.7 587.3 It. 628.2 75-3 77-1 78.8 621.1 613.9 606.0 79 .l* 80. W5.5 19.5 30.3 35-9 81.6 588.5 590.0 596.0 1*. 306.8 1*63.6 37.2 600.5 83.0 6ol*.9 1*. 302.1 1*.2 8.8 5O8.7 505.7 503.7 502.7 1*.2 .2 5-7 3 211.6 576.9 775-9 938.8 1,137.6 1,298.2 19i*0. 1,M8.1 19U1. 1.1*76.1 l*gl*.l 191*2. 1,516.2 U68.3 3.5 5-3 2-3 3.5 9-2 igUa-Aprii. May... 1.1*96.9 Ugi.6 13.1* 1,502.7 1.505.8 1*80.2 1*78.7 11*. 1.509.5 1.511.7 1,513.6 NoTember December. 1.515.0 1.515.8 1.516.2 I9U3- January February. March 1.516.3 1.516.? l,5l6.B 1*67. 1.517.9 July August . . . Septeml)ar. Octoljer. Apr! 1 p Subsidiary coin 2/ 89.3 262.7 508. 1* 193U. 19351936. 1937193s 1939- June. Silver dollars 1/ Totel silver at $1.29 per ounce U70.O 1*68.3 1*66.8 Bally Treasiiry Statement and Circulation Statement of United States Money. Preliminary. Less than $50,000. 1/ 2/ 662.3 628.2 631*. 317.6 i*,3o6.3 313. i*,317.2 319. i*.319.6 l*.317.6 i*,3li*.6 U, 312.0 Valued at $1.29'>' per ounce. Talued at $1.38-^ per ounoe. Silver of Specified Classifications Acquired by Mints and Assay Offices (In millions of ounces or dollars) Calendar year or month Newly mined domestic 1/ Foreign 2/ Nationalized 2/ Ounces 21*1.5 208.0 99.1* 11*3.1 77.2 62.1 1*0.0 1.1* 9.6 8.7 282.8 139.8 72.6 1U.3 50.1 3.2 1-7 1*.0 5.9 5-7 2.8 3-9 2.1 1.8 5.5 2.9 2.5 3-9 2.1 1.8 1.1* 2.0 1.2 l.l* -.1 .5 .1* .1 '*.5 5.0 2.8 5-5 2-9 2-5 October. November December. 2.0 1.2 -7 9 .1 .1 .1 .1 .1 .5 .6 .5 1.6 April. .1 .1 .6 . 1.1 cents per fine ounce until April 9. 1935°. &t 71. II-*- cents per fine ounce from that date until April 23. 1935: at 77.57+ cents from April 23, 1935 '« December 31. 1937: at 61*. bU-*- cents per fine ounce from December 3I. 1937 to July 1, 1939; and at 71.11-<- cents since July 1. 1939- Acquired at 50.9 27-1 6.0 355.1* 1*8.5 July August . . September 1/ 31*3.3 197-8 163.3 199-1 160.6 1*0.1 7-9 . 156.9 120.5 1*17.1 172.5 42.2 6.1* I9U3- January. February March. 312.2 .2 l*.0 -5 108. .1* 191*2. . 31*6.5 1*7.3 31*. May... June. 53"* -3 333-1* U9U.I* 1*7.9 19l*2-Aprll 155.9 271.9 55.3 1.0 191*1. 191*0. 30i*.9 110.6 2.0 11*. 19351936. 1937. 1938. 1939- 36.5 318.2 150.3 27.3 21.8 38.0 61.1 70.6 61.6 60.7 68.3 70.5 1931*. 61*.61*'f 1.6 2/ ^ 1.1 Acquired at 5O.OI cents per fine ounce. Xxecutlve Proclamation of August 9. I93I*. repealed April 28. 1938. Acquired at various prices averaging approximately 5I cents per ounce. .. 1 5 . .. . . . . . 9 7 . 7« Seigniorage on Silver (Cumulative from January 193U - In mllllonB of dollars) 1, Sources of selgnlora^ on Bllver bullion revalued 1/ Seigniorage on B liver and minor colnB End of calendar year or month Hlec. silver (incl. silver Hewly-mlned Newly-mined silver (Act silver (Proc. bullion held Dec. 21. 1933) July 6. 1939) June lU, I93U) Nationalized silver Silver Purchase Act of June 19. (Proc. of Aug. 9. 1931+) 193»* Total seigniorage on silver revalued Potential seigniorage on silver bullion at cost In General Tund 3'*.7 759. "t 580. 584. 34.7 3t-7 799-7 818.9 132.6 274.9 397.5 541.6 758.8 950.6 1,055.8 1,089.0 1.048.2 55-3 57.5 58.9 583-8 584.3 584.3 34.7 34.7 3^.7 810.1 812.8 814.2 1,096.5 1.097.5 1.095.5 87.6 87.6 87.6 60.6 61.6 62.4 584.3 584.3 34.7 58'*-3 34.7 815-9 8I6.9 SI7.7 1,090.0 1.085.5 1,082.5 48.7 48.7 48.7 87.6 87.6 87.6 63.1 63.4 63.6 584.3 584.3 5«4.3 3U.7 34.7 818.4 818.7 818.9 1,068.5 1,060.0 1,048.2 48.7 48.7 4g.7 87.6 87.6 87.6 63.6 63.6 63.9 584.3 584.3 584.3 34.7 818.9 818. March 251.0 257.5 26U.9 3'*.7 819.2 1.029.7 1,048.4 J/ 1,038.9 April. 271.9 48.7 87.6 64.4 584.3 3t-7 819.7 1,036.6 2U5.7 48.7 48.7 48.7 48.7 48.7 48.7 48.7 48.7 48.7 16.8 36.0 58.0 74.9 87.3 87.6 87.6 87.6 4.2 25-7 48.3 63.6 196.0 204.0 209.2 48.7 4g.7 48.7 87.6 87.6 87.6 July Augnet .... September 213.0 218.5 225.8 48.7 48.7 48.7 October. HoTember December. 233."* 21(5.7 1931*. 18. 1935. 1936. 1937. 193«. 1939igUo. 19U1. 1*6.1 63.7 69.5 91-7 122.2 182. 1942-Aprll. May... June. 19U3-Janiiary 239-5 . Tebmary. Bally Treasury Statements. These Items represent the difference between the cost value and the monetary value of silver bullion revalued and held to secure sliver certificates. BsbIb: 1/ 3'*. 226. 302. 366. 457. 530. 562. 2/ ^ 128.7 326.2 422.1 5O8.I 616.0 705.6 28.5 34.5 34.7 34.7 .4 3"*. 3'*.7 3'*.7 3'*.7 The figures in this coluon are not cumulative; as the amount of bullion held changes, the potential seigniorage thereon changes. Increase due principally to cuanilative adjustment in computlog average cost per ounce. Silver Production, by Leading Countries (In thousands of fine ounces) All other countries 1/ American countries Calendar year or month Total for world United States Canada 22.821 32,487 45,613 63.351 71.299 61,689 63,872 67.013 69,128 54.486 16.395 17.565 17.743 5.285 1,606 5/ 5.606 4.948 4,528 1.613 1.624 1.537 1.200 1.300 1.500 5/ 5.048 4,412 4.561 1,966 1,505 1.758 5/ 1.400 1.350 1.450 5/ 3. 819 5/ 1.450 1,200 1.500 %, 5/ 5/ 5/ 1.150 1,500 5/ 5/ 274, 538 267.765 265.262 273,684 264,553 1942-March. 21.657 April. May... June. July August . September . . October. Hovember December 1943- January. Tebruary. March. . Source: r 1/ . Japan 5/ 1.870 1,633 1.634 169,159 190,398 220.704 253,696 1933. 1934. 19351936. 1937. 1938. 19391940. 1941. 1942. 5/ 3.292 3.673 3.538r 3,172r 3,636 Other 2/ 19 584 . 24.131 23.826 24,538 23.816 20.340 19.762 68,101 74,145 75.58? 77,464 84,681 81. 019 75;871 82.638 78.362 5/ 7.211 1,606 5/ 6.761 10.381 17.433 19.901 16,994 20,424 18,802 19.000 17.000 15.950 10,819 10,091 12,788 16,539 15,70s 15.869 17,497 16,925 18. 262 1.300 1.635 Annual Beporte of the Director of the Mint for annual figurea through 1939; releases of Ajserlcan Bureau of Metal Statistics for all later figures. Bevlsed. Breakdown by countries not available after 1939. 5/ Total Surope 44.261 14.769 14,891 17.199 19.704 21.053 22.747 21.224 1*5.730 51.538 56.858 61.725 64.939 64.683 64,292 61.461 2/ 11.553 11.257 12.434 13.194 14.903 15.043 15.'*17 6.680 7.863 9.706 11.670 12,451 13.115 14.015 5/ 4.620 5/ 1/ 2/ 3/ 5^ ^ Includes Hewf oundland Includes Chosen and Taiwan. Includes Burma. Hot yet reported. British India 4/ 6,080 5,818 5,850 5.977 6.205 5.947 5.9'*3 Other Asia 103 179 219 733 913 451 670 4,076 4,722 5.130 4,580 5.200 5,636 5,4l4 OTHER TREASURY -79- STATISTICS , . 80 Net Capital Movement to the United States, 1935 throuj^ February 1043 Qn thousands of dollars. Hat capital outflow (-Tj Analysis of net capital movement Net capital Period moTeffleat MoTement In short-term banking funds Koremant In broke ra^ balanoas MoTement In transactions In domestlo securities Movement In transactions In foreign securities Calendar 7«ar: 1935 (Jm- 2. 1935-lan. 1936)- I.>tl2,>»e6 96l»,629 6.039 316.660 125.158 1936 (Jan. 2, 193S-n»o. 30, 1936). 1.195.922 397. 3U2 6,811 600.693 191.076 1, 1937 (Deo. 31. 1936-Dec. 29. 1937). 801. 915 255.59'* 3U.687 2l)U.626 267. 008 1938 (Dec. 30, 1937-Dec. 28, 1938)- 1*15,256 331,268 3H 57.196 26.758 1939 (Deo. 29. 1938-Jan. 3, I9IW). 1.132.383 32.990 -85.U27 115.689 I9IK) (Jan. U, l9lH)-Deo. 31, 19'M)). 706,380 852,928 20,358 -2l)5,o62 78.156 19l»l (Jan. 1, 19IH-D00. 31, 19'tl). -U96,923 -286.622 -l»9 -261.955 51.703 19^2 (Jan. 1. 19U2-Ileo. 31. I9U2). 6ol«,32i 561.573 3.513 "•6.599 -7.36t 19U3 (Jan. 1, 19U3-?«b. 28, 19't3). 175.225 266,792 2.058 2,702 -96.327 1935-rel). 28. 19'*3). 6,010,217 887 106.1)1)1 676.032 751.857 lotal (JaA. 2. 1.195,635 •t, '•75, Months: 1942-?eljruary -9'».698 -88,565 -59 -1),782 -1.292 1). 13.3't5 19,020 2.297 -1.329 -6.61)3 2-Apr. 29). 227.185 232,238 -370 1.687 -6,370 103.821 100.712 eito 2,1)58 11 81.881 81. 602 1.692 2,961 -lt.37'» (Jan. 29-Tob. 25). March (7eb. 26-Apr. April (Apr. May (Apr. 30-Jiuis June ( Juno 3). U-June 30) U7.282 58.078 -2.593 1.303 -9,506 August .... 57.3'*5 'W.>»13 251 9. '•27 -7D6 September. 55.018 1*6.121 3.57'* 3,1101 1,922 July Oetobar. 39.788 23.382 -3.331 8.11)6 11.591 November. 66.905 57,538 -90 6.725 2,732 December 73.376 57,339 327 12.338 3.372 151.109 2.658 115.683 -600 19U3-JaBnar7.. Tebruary. Note: 72,050 r 103,175 The weekly series of es^ltal movement data through July 1. 191)2 has been superseded by a revised monthly series commencing with July 1. 191*2. Tor an explanation of the adjustment made to 5.205 r -2.503 -86,922 -9,1)05 eliminate the duplication in the two saries r*^aultlDg from tha overlapping of one day, see the 'Traaeur; Bulletin" for October 1942, page 78. Sevlatd. noUi FCB^ICTORY BUY UNITED STATES JVAR BONDS AND STAMPS -a t I ^^t'Y Mo. 2 U.S. Treasury Dept. Treasury Bulletin LIRRA r :''*OOM 453 I
@FedFRASER