Full text of Treasury Bulletin : May 1944
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Trec.s.
HJ
10
.A2
C.2
".;<.'"."
.•;.
<"''
'<'-.''vMl,..>:'
!^X!
^ir^
i^[t'\<
wt\'
vJ
:';
.1
.M,..l
/^
X^fc'^oowv ^
-ry
ROHM 5030
JUN
TREASURY
9,
1 1972
DEPARTMENT
copxiii!^
BULLETIN
OF THE
TREASURY DEPARTMENT
MAY
1944
Analysis of Receipts and Expenditures
Composition of the Public Debt
Prices and Yields of Government Securities
Other Treasury Statistics
UNITED STATES
TREASURY DEPARTMENT
OFRCE OF THE SECRETARY
May 1944
Cumulative Table of Contents
Is sua and pa^A numlwr
19UU
May
I.
Mar.
ipr.
19»*3
Jan
7«b.
Dec
Hot,
.
Oct
•
8«pt .
Au^.
Julj
Juna
Special artlolee
War Loans:
nfth
Var Loan, June- July I9UU1
Outline of plane
Comparlton of features of eecuritlea offered.
tl.
A-5
fourth Var Loan. January- February l^Uk:
Bales of securities, classified by Issues, by types of InTestor,
and by States
A-1i^ll
PreliBloary report on sales
Outline of plane
Coa^arlson of features of securities offered.
7
«-9
Third Var Loan. Septeaber I9U31
Salss of securities, classified by issues, by types of Inrestor,
and by States
Coa|)ari*on of features of securities offered
Sedeiiption Talues and inrestBaat yields of Ibtited States eaTincs
bonds and Treaeuzy sarlncs notes.
Corporate net Incoae, Incone taxes, and dliidends,
193^19^*
1-7
2-3
A-2i-3
Security purohaees outside Tourth fcr Loan by oooaerolal banks and by
S. OoTemaent acenolee and trust funds
C
1^12
TrefxBury narket flnanolnc
U12^13
TreaBury market refunding operations in Mareh 19^>
Financing the var and the post-war readjustment.
1-6
Financial operations of the thiited States OoTemment during the fieeal
year I9U3
II.
2-5
Summary of flsoal atatietloe
Budgetary receipts and expenditures
Publio debt and guaranteed obligations outstanding.
Means of financing eaah requlremeate
III. Rdoelpte and ezp^nditurea and appropriations
Appropriations and net contract authorisations for the var aotiTltles
prograa as of aontb-ead preceding aonth of publication
Budgetary receipts and expandltureet
SoBDary by aajor elaself leatlons
Analysis of receipts frea internal rereaua
Analysis of general azpendltures
*
Analysis of ezpendltares for war aotlritlee
Analysis of eipendlturee for (l) revelTlng funds and (s) traaafara
to trust accounts, etc
Total budgetary receipts and expenditures, by aeatha, fer reeaat
yeare
Fruet account, etc. receipts and expenditures.
5-6
7
7
(
5-6
7
5-6 13-lit
5-6 13-I>i
5-6
9-10 11-12
11
15
7
15
7
s
9
^?
16
17
8
11
12
9
16
17
9
9
17
9
17
9
7
7
s
9
7
7
s
9
8
»
7
7
«
9
9
9
9
9
7
7
7
13
7-8
12
\l
lU
9
9
10
10
13
15
11
10-11 10-11 10-11 10-11 10-11 ig-19 10-11 18-19 10-11 13-lU 15-16 11-ia
18
Means of financing cash reqmlreBenta
5-6
12
12
13
13
12
13
12
20
13
21
12
20
12
15
17
13
13
21
13
16
18
Ik
Social Security prograat
Budgetary receipts and expandltureti
Social Security Act
Ballroad Betirement Act
Railroad Unsaployment Insuranoe Act.
16
Statement of truet accounts:
Federal Old-Age and SorrlTore Insurance trust fund.
Railroad Retirement Account
IhieBiployiDent Trust Fund
Cash Income and outgo of the Treasury!
Analysis by major classifications
Total cash Income and outgo by aonths beginning vitkl
January 1938
17
17
17
17
25
17
20
22
18
17-18 25-26 17-18 20-21 22-23 18-19
IV. (}«neral Fund of the Treasury
21
22
Assets, liabilities, and balance in Oeneral TaaA.
Analysis of changes in balance of Oeueral Fund...
(CoBtlnn.! on follovlaf p«4«)
Treasury Bulletin
Cumulative Table of Contents
-
(Continued)
May 1944
Cumulative Table of Contents
(Continued)
A-l
May 1944
SPECIAL
ARTICLES
Treasury Bulletin
A-
Corporate Net Income, Income Taxes. and Dividends, 1S36
1944
-
(In allllone of dollars)
Ittlutol 1/
Aettial
Calendar 7«arB 2/
1936
1937
1938
Calendar yeare 3/
1939
iSito
19'tl
19^2
I9U3
I9UI*
23.630
350
23,280
25.650
Uoo
25,250
23.895
375
23,520
1,1*80
All returns
7.771
7,830
.Ul
7.178
9. 31*8
123
16,675
330
7.771
7.830
i»,l3l
7.178
9.225
16.31*5
2.677
72U
2,682
1.791
732
1,906
763
2,021
7'*1
783
2,237
809
5)
'».370
U.U07
I.6O8
U,508
6.1*21
(Itene 3 nlnnt k)
5. 091*
5.lit8
2,3ltO
5.272
7,201*
11*.
5.091*
5,lU8
2.3'tO
5.272
1,025
1U5
1.057
176
851*
1,216
1.
2.
3.
Compiled net profit J/
Net operating lose deduction 4/.
Net Income ^/
4.
5.
6.
Dividends reoelved 6/
Tax-exempt Interest 8/
Net Income excluding dividends received and taxexempt Interest ^/
(Itene 3 alnue k and
7.
Net Income excluding dividends
8.
Compiled net profit excluding dividends
received
(Itsma
received ^/
...
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
.(Iteae 1 BiBaB 2)
1 alnne U]
Income and excess profits taxes:
Income tax
Undistributed profits tax
Excess profits tax:
Grose ^/
Postwar credit taken currently for debt retirement 2./
Postwar credit refund 2/
After deduction of entire postwar
credit 2./
(Item 11 nlime 12 and 13)
Declared value excess profits tax
Total Income and excess profits
(Iteme 9, 10, Ik, and 15)
taxes
Complied net profit excluding dividends received
after taxes
(Item 8 mlnss 16)
Net dividends paid IJ/
Compiled net profit or loss excluding dividends
received, after taxes and net dividends
paid
(Item 17 itnua 18)
Net Income excluding dividends received, after
(Itene 7 Blmii 16}
taxes
Net Income or deficit excluding dividends received,
after taxes and net dividends paid ^/
^
(It»»i 20 Blima 18)
770
735
1.560
720
13.29s
21.055
23.035
21,21*0
107
21.825
23.770
21,960
7.327
ll*.it37
22,175
2U.170
22.335
2,11*1*
3.71*5
U.360
1*,U30
l*.375
37"*
3.359
8.61*0
10,720
9.985
1.1*55 1/
235
56510/
7,81*0
3.359
6U
371*
310
76010/
9.650
110
280
71510/
8,990
105
•3
6
16
1,191
1,276
86o
1,232
2.51*911/7.16811/ 12,27511/ lU, 19011/ 13,47011/
3.903
3.872
U,832
1,1*80
u,oi<o
*.778
7,269
9,90012/
3.222
3.8U1
>*,068
i*,l*63
U,ol*5
9,98012/
4.110
8,86512/
4,325
199
710
2,806
5.85512/
5,87012/
4,54012/
u,o'to
'*.655
6,939
9.55012/
9,58012/
8,49012/
199
587
2,1*76
5.50512/
5,47012/
4,16512/
18,316
330
17.986
'*.703
80014/
3,903
80011*/
9601;*/
3.872
9601U/
1,71*211*/
1,1*80
1,71*211*/
31
75
Returns with net Income
1.
2.
3.
Compiled net profit J/
Net operating loss deduction 4/
Net Income
4.
5.
5.
Dividends received 6/
Tax-exempt interest 8/
Net income excluding dividends received and taxexempt interest. . ,
(Items 3 minus 4 and
7.
Net Income excluding dividends
8,
Compiled net profit excluding dividends
received
(Items
9.726
9,848
6.725
9,028
9.726
9,848
6,725
9,028
ll,4o6
123
11.283
2.504
488
2.515
419
1,625
420
1.77?
464
1.852
485
2.092
503
5)
6.734
6.915
4,680
6.785
8,946
15.392
22,120
24,640
22.550
(Itetn 3 mlmis 4)
7.222
7.334
5.100
7.248
9.431
15,894
22,600
24,500
23,000
7.222
7.334
5,100
7.248
9.554
16,224
22,950
24,900
23.375
1,025
145
1.057
176
854
l,2l6
2,144
3.745
4,360
4.430
4.375
374
3.359
8,640
10,720
9.985
(Iteae 1 mlnoa 2)
.
received
...
9.
10.
...
11.
12.
13.
14.
15.
16.
1
mlnae 4)
Income and excess profits taxes:
Income tax
Undistributed profits tax
Excess profits tax:
Gross 2/
Postwar credit taken currently for debt retire-
ment 2./
Postwar credit refund ^/
After deduction of entire postwar
credit 2/
(Items 11 minus 12 and 13 )
Declared value excees profits tax
Total Income and excess profits
taxes
(Items 9. 10, l4, and 15)
24,280
350
23.930
22
43
6
•16
1,191
1.276
860
1,232
7.840
3.359
64
75
310
76010/
9.650
110
280
71510/
8,990
105
2.54911/7.16811/ 12,27511/ 14,19011/ 13,47011/
L
(Continued on following page)
24.795
375
24,420
1,420
450
56510/
374
31
26,250
400
25,850
I
3
May 1944
A-
Corporate Net Income, Income Taxes, and Dividends, 1036
-
1944 - (Continued)
(la alllloiu of dollu-i)
Actual
Calendar /aarg 2/
1936
Returns with net Inoome
17.
Compiled net profit excluding dividends received
(Iteme g mlnaa
after taxes
Net dividends paid rj/
Compiled net profit or lose excluding dividends
received, after taxes and net dividends
(Itais 17 Blsna
paid
1938
1937
-
latioated 1/
Calandar jraara 2j
1939
19'tO
19IH
6,058
ll.2ltO
3.155
6.016
3.783
7.005
l».79l«
'»,036
9.057
k.kSl
18)
1.356
i.^eit
1.085
2.233
2.969
i*,630
20.
Net Inoome excluding dividends received, after
(Itaaa 7 mlnua 16)
taxes
6.031
6.058
U,2ltO
6.01S
6.882
8.727
21.
Net Inoome or deficit excluding dividends received,
after taxes and net dividends paid, (items 30 almia
1.356
l,26U
1.085
2.233
2.8U6
lt.300
16)
18)
Returns with no net Income
Complied net lose or deficit ^/
2.
I:
Dividends received 6/
Tax-exempt interest 6/
Deficit excluding dividends received and tax-exempt
interest
(Iteoa 1, 2, and 3)
excluding dividends received.
5.
Deficit
6.
Net dividends paid rj/
7.
Deficit excluding dividends received after net
dividends paid 16 /
(Xtaaa 5 and
... (Iteaa 1 and 2)
6)
19^3
I9UU
(Continued)
6.031
'.675
16.
19.
igUa
1.955
2,018
173
236
168
2.361*
2.507
2,128
2.186
27
38
2.155
2,223
322
2,59"*
10.67512/ 10,71012/
u.ooo
>>,o6o
9.90512/
U.270
6,65012/
5.63512/
10.32512/ 10,31012/
9.53012/
6,25012/
5,26012/
6.67512/
6.32512/
A-k
Treasury Bulletin
Treasury Market Financing
On April
opened
were
21)-,
for
1944,
an
Treasury certificates
May
1,
1944,
subscription
Issue
of
of
J/S
books
peroent
Indebtedness, dated
and maturing May 1, I945.
certificates
were
offered
In
exchange
May
4,
showed that holders of $1,615 millions,
or 98 percent,
of
the
maturing
certificates
accepted the exchange offer.
These
for
When final figorea on allotnents Iwcone aTallatle,
11,635 millions
ness maturing
of
May
certificates of Indebted1,
1944.
Cash
subsorlp-
they will
tificates
tiona were not accepted.
scription and
Preliminary 1/ sub-
appear In the tahle "Offerings of Mar-
ketable iBBues of
of
Treasury Sonde, 5ote8, and Cer-
IndeljtednsBs",
which
appears
on
page 30 of this issue.
allotment figures, released on
I
May 1944
SUMMARY
OF
FISCAL
STATISTICS
Treasury Bulletin
Budgetary Receipts and Expenditures
(la allliona of doll&Ti)
Flrat 10 Bonths.
fiscal 7«aT> igkS to 13Ult
Coi^late fiieal yosra, I9U1 to 19U;
Zatlnatad 1/
!hawg it
f
ISkl
I9U3
Changa
191*3
19W*
to
igitu
19UI
19U2
19U3
19to
19U5
Actual
EBtlmatad
19't3 to
19Wt to
eatlBated eetlmated
I9IA 1/
I9U; 1/
Becelpta:
Internal revanua:
Incooe and profile taxes 2/
5,658
11.350
27.2'*7
+15,897
3.470
7.960
16,094
32.673
32.605
+16.579
-68
9*
1,161
1.331
+170
925
1.186
I.U98
1.870
3.169
1.299
879
3.S»1
U.3>*9
+508
2.967
3.347
4.553
5.161
5.16U
372
6O8
365
111
392
389
324
420
438
+96
+18
finploTQient taxes
MlacellaDaoas Internal reTenoa 3/-
3.
Cuetoma
338
Other recelpta
J*/
Total recelpta
+3
21g
it6g
2,612
+2,lUl*
515
286
916
2,455
2,050
+1.538
-I105
10,>»10
17.07>»
35. 90'*
+18,830
8.269
13.668
23.385
42,578
43.425
+19.193
847
Less:
Aaounte transferred to federal Old-i^e
and SurrlTora Insurance Tmst Tond ^,
,
Bet receipts
Sxpendltures:
666
gUl
952
+111
661
869
1,103
1,392
2.656
289
+1,264
9.7UU
16.233
3^,952
18.719
7.607
12.799
22.282
41,186
"10,769
18.904
-417
10,212
3U,9gl»
)«0,S02
IU.070
42.265
48.790
47.597
+6.525
-1.193
15,658
21,366
5,818
5,708
3.678
5.96U
2.313
8.580
20.888
27.000
28,500
6.112
+1.500
2,>lU6
6.906
9.'«5
+2,518
310
3.362
8.955
11.910
11.453
2.955
-457
800
650
800
-150
88.200
+16.391
-300
6/
War aetlTlties:
War Department
Ba^
Department
Miscellaneous var actlTltlea
Anticipated auppleaental appropriationa.
6.301
26.011
72.109
88,500
41
563
556
602
873
1.267
+271
+393
-91
738
680
543
569
387
+26
-182
1.225
1.163
891
647
-272
-241t
659
735
796
777
+61
-19
97012
299
11
-288
-11
-18
«
71.592
+lU,0'll»
5W
3«9
18,623
57, S"*
Veterans' Idminlstration Jj
t62
Public Worka 8/
571
503
U79
1,088
996
7'*T
-2U9
593
682
726
4U
Vork Projects AdjDinlstratlon
81*212,
288
17
-271
Civilian ConserTatioB Corps
Vte
17
•
-17
257
163
18
•
Other 13/
736
7W
1.002
841
873
901
1.490
2.881
+589
+1.391
Interest on the public debt
851
1,157
1.810
256
653
l.lll
1.260
1,808
2.650
3.750
45
gU2
170
1.100
170
Total war actlTitiea.
Aid to aericttlture 2/
Social Securl ty prograo 11/
93710/
588
I
1.37412/
Anticipated supplesental ^propriatlona.
Total expenditures 6/
Net budgetary deficit 6/
ce:
•
1/
2/
J/
4/
2/
6/
2/
.
-125
23.913
62.U18
76,827
+l'»,lK)9
12.711
32.397
78.179
95.951
97.954
17.772
2.003
1U.169
1*6,
IgU
''1.875
-4.309
5.103
19.598
55.897
54.765
57.185
-1,132
+2.420
Dally Treasury Statements, except as noted.
Less than $500,000.
Based upon estimates as shown in the 1945 Budget.
Includes unjust enrlchnent tax and victory tax. Beginning July.
19U3, includes collections of taxes withheld by employers under
Tor details see following
the Current Tax Paynent Act of I9U3.
chapter on Becelpts and Expenditures and impropriations. Table 2.
tobacco taxes, manufacbeverage
taxes,
Includes chiefly alcoholic
turers' and retailers' excise taxes, and estate taxes.
Includes deposits by the Var, Havy. and Treasury Departments and
the n. S. Maritime Commission resulting from the renegotiation of
war contracts.
Information on the amount of such deposits Is not
available on the basis of Daily Treaeury Statements. On the
basis of covering warrants, such deposits totaled $558 Billlona
during the fiscal year 1943. Budget estimates of sTich deposits
for the fiscal years 19Wt and 1945 are $1,212 millions and
$1,733 millions, respectively.
for explanation, see tables in next ch^ter en Social Security
program.
Xxcludes expenditures for public debt retirements whloh are chargeable to the sinking fund. ate. under apecial proviaiona of lav.
Includes expenditures classified as transfers to trust accounts,
•tc for the Adjusted Ssrvlc* Certificate fond and tha latlonal
8/
2/
10/
11/
12/
12/
Servlca Life Insurance fund.
Includes Public Vorks transactions classified as Revolving funds
(net).
Includes Aid to agrleultuxa tranaactiona elaaelflad aa Revolving
funda (not)- eipondlturea of the Department of Agriculture classified as Departmental in the Daily Treasury Statement; and Agricultural Marketing Adainlstration transactions classified as transfers
to trust accounts, etc.
Rspreaenta gross expenditurea of $1,252 allliona lees repayments of
TJ,
S. Investments in capital funds aggregating $315 millions.
Includea expenditurea classified as transfers to trust accounts,
etc. for the Railroad Betirenent Account and the Ballroad UnemployIxcludes expenditures made by
ment Insurance Administration fund.
Office for faergency Management, Var Manpower Commission (U. S.
fcployment Service) under authority of the Social Security Act.
Includea National Touth Adminlatratlon.
Includes departmental expenditures not otherwise classified and
expenditures classified as transfers to trust accounts, etc.. for
Oovernment o^loyee retirement and Insurance funds. Budget estimates for 1944 and 1945 Include $5 allllons and $1,000 millions,
respectively, representing tranafara to public debt accounts for
axceaa-proflts tax refund bonda.
May 1944
Public Debt and Guaranteed Obligations Outstanding
(In million* of dollare)
Treasury Btdletin
AND EXPENDITURES
AND
APPRO PRI AT IONS
RECEIPTS
May 1944
Appropriations and Net Contract Authorizations for the War Activities Program
As of April 30, 1M4
Date
approved
Public
Lav No.
Title of act
77th CoDfreflt, Tlrtt Seeelon
r«b.
Appropriations
^
Net contract
authorlcatloDB 2j
Treasury Bulletin
Appropriations and Net Contract Authorizations for the War Activities Program
As of April 30, 1944 - (Continued)
Data
approved
^
May 1944
Budgetary Receipts and Expenditures
Table 1.- Sumnary by Major Classifications
(In sllllonB ot dollar*)
Ezpendltores 1/
Racelpta
fiscal year
or month
Total
recelptB
transferred to
Federal 01d-A«a
and Survivors
other
receipts Insurance Tntat
fond 2/
Internal
roTODue
SJ
193't
1935
193*'
1937
1938
1939
19110
19U1
19112
19''3
19lt3-Aprll.
Ktr--Jona.
3,116
3,800
it, 116
2.6111
5. 29'*
'1.597
6.2U2
5,66«
5,925
8.269
13,668
23,385
5.671
5.161
5.303
3.278
3.513
I.9O8
5.900
5.935
6.U37
I.51I
12ll
11
262
321
*
1.569
7,166
7,135
8,327
139
328
816
6,971
7,092
7,169
201
11
2SU
2,007
2,721
5,117
7.112
7.617
7.535
337
365
583
7.156
7.839
7.152
IW
35't
273
515
286
916
32
127
1,815
2,602
5,160
33
39
31
361
257
218
221
220
39
271
1
2,030
2,099
5,736
32
250
2
2,717
2,503
6,573
7.570
7.862
8.525
32
3.087
7.859
5.118U
^?
3^
3"
2,188
Ho
March
2,77?
2,75*
6,576
6.353
il
551
255
ICl
April.
3.
119
2.935
39
115
1/
.103
2,0'tg
I.6I3
2,115
•
2/11/
11,211
2.069
2.370
5,737
ee:
PI'
661
869
i»,569
Ooto^ar. ..
HoTaabar.
Decaabar
.
2/
2/
2/
1.396
1.581
3,005
.
265
387
503
2.'ie»
1.1180
D&lly Treaartuy Stataments.
Le*B than (500.000.
Xzcludes aaoonta for public d0l}t retirement which are chargeable
to the slnlclng fond. etc. under special proTislone of lar.
ftor further detail*, see Table 2.
For explanation see tablet which follow on the Social SftonrttT'
program.
Jtor further detailt, eoe Table 5.
Tor further details, see Table k.
Tor further details, see Table 5. Also see footnotes j/ and U/.
Total expenditures less net receipts.
Represents expenditures for public debt retirements which are chargeable to the sinking fund. etc. under special provltions of law.
2/
'
2/
^
U/
5/
bf
2/
8/
10/
U/
689
900
5.86>)
7.221
7.055
6.215 10/
5.986
5.595
Trail sfert
to truit
ace oust ,
etc.
6/
6.011
7.010
8.666
8.177
7.239
8.707
8.998
12,711
32,397
78,179
Jnl7
In^nat ....
Saptaakar.
19W»-Jannary.
5/
1,555
1,7*2
5,UW
Sanaral
BeTolrlnc
Var aefunds
tlTitlea
(net)
3.116
3.800
1.116
5.029
5.855
5.165
5.387
7.607
12,799
22.282
179
216
210
208
188
12.993
22.
Total
Hot
receipts sxpandituras
162
313
313
387
U86
359
319
3U9
392
389
.362
let
Lass net aaoTntts
Oroif recalpta
929
1.029
1.206
1.657
6,301
26.011
72,109
77
76
11
1.820
6O8
225
187
232
5U
-136 10/
2.896
3.209
1.550
3.119
1.381
3.512
10
5.103
19.598
55.^97
16
38
11
10
1
5.952
5.955
3.758
6,132
7,232
6.952
-1
311
15
138
30I
710
6,989
7.5I1
6.718
-7
-8
-8
36
2
2
5.126
5.7IO
1.716
loo
312
795
I79
7.138
7. 518
7.726
-6
-3
-3
37
5
7
1.823
5.359
1.952
7.3I6
-6
10
1.772
5
-2
360
57U
U03
lOU
65
58
3.611
331
381
135
18
Public
debt
retlrenents
i/
y
U96
315
201
121
92
budgetary
deficit
1
6U
95
3
l!896
2.087
2
Such
Includes recoveries of U. 3. InTestments In capital funds.
reeorerles totaled $5U millions in the fiscal year 19^; $319 alllions In the fiscal jear I9UI; $18 lllions in the fiscal year 19^2;
and $10 millions In the fiscal year I9U3.
Receipts from reductions in capital stock and paid-in surplus arailable to be reissued under existing law are included as negatlTO
items under expendltxu-es.
Such reductions totaled $l6o millions
for general expenditures and $155 llHons for reTolring funde during the fiscal year igUl.
Includes deposits by the Var and Nary Departments and the U. S. Maritime CoBslsslon as a result of renegotiation of war contracts. On
the basis of warrants Issued, such aaoonts totaled $55^ nilllons.
Table 2.- Analyst b of Receipts from Internal Revenue-^
(In millions of dollars)
bplOTnent taxes
Income and profits taxes
Social security taxes
Withheld by
employers (Current
Tax Payment
Act of 19^3)
Fiscal year
or month
Other
2/
2.611
3.278
3.513
1.597
5.671
5.161
5.303
7.362
12.993
22.111
818
1.099
1.127
2.163
2.610
2.189
2.125
3.170
7.960
16.091
S18
1.099
I.I27
2.163
2.610
2.189
2.125
3.170
7.960
I6.09U
1.396
1.581
1,211
1.000
910
3.803
1.000
iufuat ....
Saptembar.
I.8I5
2.602
5.160
1.255
I.56I
1.765
October..
FoTeabar
Secanber
1,813
2.115
5.181
1.303
1,159
5.0IO
2,188
2.161
6.353
2.935
19311935..
1936..
1937..
1938..
1939..
19I0..
19I1..
19I2..
1913..
1913-Aprll.
May...
June.
JaOjr
.
.
19l1-J«inar7...
febroary,
March
Iprll.
ca;
•
1/
2/
y
Tederal Ineuranca Tederal DnaaplOTment
Tax ict
Contributions Act
(Unamployi&ent
(01d-a«e
Insurancs)
iDsuranea)
19I
511
530
601
90
101
108
.1(6
.198
896
1.130
98
120
158
50
253
7I0
833
925
Carriers' Taxing
Act of 1937
(Railroad
retirement)
58
150
109
121
13T
170
209
Miscellaneous Afl'lcultural
adjuataeot
Internal
revenua
taxes
1.170
1.657
2.010
2,181
2.279
2.232
2.315
2.967
3.8I7
1.553
13
265
3
12
3
6
55
3
3
19
1.236
1.016
1.091
K
M
5I8
671
310
50
287
3
1
557
7K
16
1*9
1.327
292
5«
3
10
1
1,010
T13
12
271
1
1
53
U6U
363
386
1,727
1,717
5,911
571
1,137
750
1.153
610
5.161
19
31
11
117
u
1
112
U
}ltU
59
375
2,175
560
1.915
39
Dally Treasury statements.
Less than t500,000.
Tor further details, see chapter on Internal BeTanua Statl sties.
Includee unjust enrichment tax and victory tax eolleotlona parauaat
to Havenne Act of I9I2.
35
J/
3
8
1
15
16
8
521
77
316
359
353
2K
3.803
19
353
512
729
3I1I
121
For the parlod prior to Saptaabar 1939, tha data In the coluans entitled Taderal Insurance Contributions Act and federal Unaaploynant
Tax Act rapreeant collections under Titles 7111 and IX, respectively, of tba Social Security Act.
Treasury Bulletin
Budgetary Receipts and Expenditures
-
(Continued)
Table 3«- Analysis of General Expenditures
(Id mllllODB of dollart)
Direct and work relief
VoteranB'
Administration
^Bcal year
or BO nth
1/
2/
Social
Public
fork«
2/
2/
Hi
to
agriculture
U/
2/
Security-
program
2/
5/
Work Projecta
Xdalnletratlon
and Hational Tonth
Adsinlttratlon
6/
federal Snergency Belief
Admlnletratlon
and ClTil Vorke
AdAlnietratloa
CiTlllan
Conserration
Corps
Intereet
on the
public
deht
Other
departmental
§/
Other
general
expenditures
2/
1/
U.9O8
5.900
5.935
6.U37
1931*
1935
1936
193T
1938
1939
191(0
igUl
19U2
19U3
igUS-Aprll
K«y
J^ine
5U9
679
685
803
670
U29
5.s6it
507
537
578
581
582
7.221
7.055
6.215
5.986
5.595
557
557
553
555
572
900
890
715
669
5U5
1.237
U39
32«
gU6
US
1)8
35
22
Ul
101
85
58
60
37
15
66
65
71
59
53
33
311
87
67
55
57
Ul
25
131
86
92
99
3'»
J11I7
Itit
Angtut
,
Saptonber.
365
5*3
U9
58
October.
HoTember
DacBBber..
U38
30U
U9
50
51
.
.
.
.
iSMh-jmoBij
.
.
7IK)
Moo
52
52
37
795
55
J?
U79
55
32
Febro&iy.
March
31*2
April
y
26
M3
930
966
988
866
1.513
1.831
332
U36
757
313
8a
29
,26lt
1*95
li«6
18l»
,896
.>t72
-1
k
3«6
326
36U
uau
510
335
719
866
926
3't7
,2>tO
l.5't6
1,006 10/
1.091
1.052
11
21
.572
^?
.37l»
8
3
9U1
l.OUl
usi
i.a6o
1.808
5I1U
590
191
227
216
220
197
89
U2
609
59
70
16
Ik
Ult
27
68
U2
U6
77
55
15
19
l.Ul
517
5U6
525
16
>t7
56
55
U97
61
12
15
10
58
lU
36
87
56
IA9
5*
117
70
59
Dally Treasury Stateaents.
Less than $500,000.
Includes pa1>lie works undertaken hy the Veterans' Adalnlstratlon.
Does not Include e^tiwndltures for (1) rerolTln^ funds or (2) transfers to trust accounts, etc. These are shovn In Table 5.
Includes public tnildln^s, public hlghveys (Including forest roads
and trails), rlrer and harbor work and flood control,- Tennessee Valley Authority, Tederal Publlo Bousing Authority (fonaerly U. S.
Housing Authority), reclanatlon projects and the Public Works Adalnistratlon. Secludes certain expenditures for public works In connection with war actlTltles \^ the federal Works Agency, beginning
July 19»*1.
CoBprlsea A^lcultural Conserration and Adjustaent Administration
(claseiried in the Dally Treaeury Statement under "War Pood Adalnistratlon, Other* comsenolng October ISU3) A^icultural Marketing
AdBlnletratlon, Cosnodity Credit Corporation, Tarn Credit Adalnlstratlon, federal Tarn Mortgage Corporation, federal land banks, fara
Security Administration, fam Tenant Act, Bural Sleotriflcatlon Administration, and Department of Apiculture departmental expenditures
Includes railroad retirement and railroad unemployment activities
and excludes expenditures made by Office for jteergency Mana^ment
War Manpower Commission (D. S. Employment Serrlce) under authority
6/
jj
8/
2/
,
5/
970
299
290
283
257
163
18
509
283
258
223
200
10/
59
62
50
of Social Security Act.
for further details, see tables which fellow on the Social Security program.
Work Projects Administration was formerly Works Progress Adolnlatratlon. Beginning with July 19^2. expenditures for the Katioaml
Touth Administration are ehowii in Table U.
Includes expenditures of the Reconstruction finance Corporation for
relief throng loans and grants to States, municipalities, etc.
Sxcludes expenditures for the U. S. Maritime CommlBsloD, departmental expenditures under the Social Security program and the Department of A^lcultiure departmental expenditures.
Includes expenditures for the following: Office of Education, and
Public Health Serrlce of the federal Security Agency; refunds of
taxes and duties by the Treasury Department; Post Office Department
postal deficiencies; federal Housing Administration; Treaeury Department InTestments In federal saTings and loan aaeoclatlons; certain expenditures of the Panama Canal; and capital stock of the
federal Deposit Insurance Corporation. Home Owners' Loan Corporation, federal home loan banks, and Disaster Loan Corporation.
Gross expenditures have been reduced $l6o millions representing the
repayment of capital funds by certain United States Oovemment
a^ncles. ftor further details see "Treasury Bulletin" for June
19'*3. P»«a 9. footnote 12/.
May 1944
Budgetary Receipts and Expenditures
(Continued)
-
Table 4.- Analysis of Expenditure for War Activities
(In Billions of dollari)
HlacallBiieoiu war aetlrltlet
War
Da partBent
necKl yvar
or BOnth
I93U.
531
689
19351936.
19371938.
900
193919UO.
19I11.
19U2.
I9't3.
2>*3
297
273
383
378
1.36
lane out
war aotlTltlas
ent
.362
.955
696
2,011
111
153
2,102
2,251
2.980
l,lU5
985
1,065
51'»
21
382
318
11
1.898
2.037
1.909
726
976
1,007
12
ISO
239
8
16
11
176
Sk
3.727
3.857
JrHj
6,it32
Atl^ntt ....
7.232
6.952
3.808
U,219
'».036
n<ed
Statet
MarltlBS
War
Shipping
MaliLlaConoiltglon
tratlon
Othar
var
actlTltiai
China
•xpendItnret J/
HI
to
-10
-21
-IS
-6
673
892
2.313
8.580
20.888
3.'*2U
Separtnsnt
-10
-21
-12
-6
U90
667
3.678
lU.OTO
U2,265
7.092
1
I
UU
uu
99
310
62
.
6.989
U,lll2
.
7.5"»1
I*,
.
6,718
173
3,sUi
2,050
892
1.235
827
March
7.138
7. 518
7.726
U.170
3.792
U.U61
2,082
2,757
2,281
886
969
983
lUo
18U
188
April.
7.3U6
U,i6o
2,262
92ll
22U
Febmaxy..
iceaejr
1,206
1.657
6,301
26,011
72.109
6.97"'
igWt-Jairaary...
Sectiri tj
529
557
596
7."*69
National 3«l8ctiTe
federal Housing Ssrrlce
Works
Acenoy (adalnliA«ency
trstlT*)
i/
7«daral
U32
May...
Juna.
October.
NoTeabar
DBcembar
ffllBcel-
i«rleulture
Depart-
929
1.02?
19'*3-i*rll.
Saptembar.
Total
H«T7
DepartBant
62
215
It
t5
297
608
18
33
52
J
8
2t8
5
5
5
5
95
118
llh
5
100
39
5
5
U2
It
38
38
5
5
72
68
50
35
Source;
Bally Treaeur? Statenents.
Back: flgoraa;
For monthly flguree oomiienolD£ July 19l'0, eee "Treaeury Bulletin" for May 191*3, P»€« 71/ Includea war public houelD£ fnnctlona.
Includes emergency ship construction, beginning March 19ltl.
2/
2/ Slollar items for periods prior to fiscal year I9U1 are classified
99
51
929
2.776
120
106
117
61
77
70
lU
6
2U
519
1,201
6
3
132
1,105
200
iio
108
382
795
69
92
315
116
86
319
361
85
366
105
119
130
29U
lUs
HI
>t02
216
108
356
l6>t
66
91
82
125
127
308
97
386
153
182
165
SI
71
82
130
273
iit9
90
2lt3
n
69
under Other departmental and Other general expanditures in Table 3.
Xncludei var axpanditvrcs of Commerce, jutloe. Interior, and Stata
Departments; ClTil Serrice Conmilssion; XzacutlTe Office of the
President (inoluding Office for Emergency Management); Panama Canal;
capital stock of Smaller War Plants Corporation; and DefeaBe Aid
Special l^lnd.
Table 5.- Analysis of Expenditures for (II Revolving Funds and (2) Transfers to Trust Accounts, Etc.
(In Millions of dollars)
RevolTing funde (net) 1/
Fiscal year
or month
Transfers to trust aoootmts, etc.
Aid to
agriculture
Public
works
2/
u
Veterans
Adalnlstratlon
prograB 5/
193"'.
It96
3l'6
ll'9
77
19351936.
1937.
1938.
3''5
lUi
-33
-18
-13
20''
76
L,820
6O8
225
1939-
92
191(0.
5''
-8
-6
igiti.
-136
19^2.
18
7
19''3-
ItO
Ui
101
59
23
11
-1
16
lU
10
16
lU
10
-1
u
11
20lt
121
19lt3-Aprll.
Msr...
Jane.
-159 1/
July
August ....
September.
-2
October.
Vorember
December.
-7
-8
-8
-7
-8
-8
February.
March
-6
-3
-3
-I
-3
April.
-6
-6
.
.
19l'''-January.
ce;
•
1/
2/
3/
y
.
5
Social
Securl tj
lA
221
13"
•"•35
30
38
1
1
5
2
-5
3ltit
1
5
15
2
It
-1
1
(n.
S.
share)
a
IU6
73
107
121
75
87
93
103
107
165
18
126
71
35
1
161
12
177
2
36
2
2
3*
37
5
7
3"
to
Daily Treasury Statements.
Less than $500,000.
Additional transactions on Aid to agriculture and Public works are
shown In Table 3
Farm Credit Administration.
Public Works Administration.
Comprises Adjusted Service Certificate Fund and the National Serrica
Life Insurance Pund. administered by the Veterans' Administration.
Federal
contribution to
District of
Columbia
ui
U7
187
10
1
Aid to
apiculture
21
50
50
1.773
557
232
331
381
Ooremiient
SBployees'
retirement
funds
(U. S. share)
35
^
Includes railroad retirement and railroad nnemployvont aetlTltles.
For further explanations see tables i^iioh follow on Social Security
6/
Agricultural Marketing Administration (surplus ooamodlty stamps).
Cross expenditures hare been reduced $155 millions representing
the repayment of capital funds by certain united States OOTemmsot
agandee. For details see footnotes to Table 1.
pro-am.
2/
Treasury Bulletin
10
Budgetary Receipts and Expenditures
-
(Continued)
Table 6.- Totals by Months, Beginning with 1935
(In mllllone of dollars)
Calendar /ear
Apr.
May
July
ia*.
Sept.
May 1944
11
BUDGETARY RECEIPTS AND EXPENDITURES
1939
1940
1941
1942
DOLLARS
Billiont
1943
1944
DOLLARS
Net Budgetary Receipts
Billiont
JMMJSNJMMJSNJMMJSNJMMJSNJMMJSNJMMJSN
3
2
I
7
6
5
4
3
2
I
-I
Treasury Bulletin
12
Trust Accounts, Etc. Receipts and Expenditures
Table 1.- Trust Funds
(In Bllllont of doll&ri)
rifcal jear
or DODth
Total
fxud*.
not recolpto (+)
or not oipondltoroB (-)
tmtt
federal Old-Ji^e and
SurrlToro Inourance
Tmst Tund
Receipte
let
Ballroad
RotlroBont Account
UnonplOTvent
Troat Tnnd
l^endl-
Roeelpta
tweo
X^endi-
Recolpta
turea
Other
tmet accouAte
bpendltnres
Net
ink.
+2l»
2lt
1935.
1936.
1937.
1938.
««»
3U
19
11
64
3U
20
1939.
29
37
i^w.
19U1.
19te.
19
1
3
10
9
«
Ih
92
19113.
267
267
lt02
llOl
530
580
717
1,190
529
577
707
931
1.185
>H
262
1>»
9lt0
kk
313
31
kg
308
36
161
15
15
295
37
291
«3
31
291
U3
3*
41
3h
Ul
1
+275
-265
270
28l(
-289
1
39
271
3
52
2*
256
-292
+50
28
ISH
32
250
Marek
-201
-15«
ipni.
120
15
oat
•
1/
1
371
15c
ISlt^JaBoairr...
35
+1
It
-5
Mo
-26a
107
125
116
Ikk
217
Ik
289
92
210
-2
11
109
123
127
Ikk
221
35
-287
.
-6
l.llH
l,2lA
1.399
2
32
275
88
2)W
-279
.
•
837
957
1.118
i.auj
i.uou
81
<*!
266
loraabar..
SeooB^ar .
-It
S3«
959
1I16
2n
^9
May...
Oototoar
1
1
IU8
3
2
S
19>»3-iirll.
J«lj
tXLguX ....
Septeabar.
19
29U
751
29U
763
5
-1
35
-40
36
-3
-3
76
267
3
116
161
13
k6
32
16
9
•
-U
35
20
57
gg
*6
15
u
165
55
33
28
22
1
35
3'»
233
301
2.053
858
323
210
237
^,o^o
327
3U9
366
!|09
325
331
389
512
975
^55
887
91
82
152
85
67
lUl
316
101
116
261
139
117
123
125
100
87
-1|6
77
-11
Hit
63
19
l6it
101
121
9^
102
135
-Hi
35
Receipte
1/
Sxpandlturee
95
108
Dally Traaaory Stateaaata.
Laae thaa 1500,000.
iBclodaa OoTaraaaat Inaurviaa aad retlreaeat ftada. ato.
Table 2.- Other Funds
(In allllona of dollara)
Tranaactiona In cheeking accounte
of GoTenuDent agenclee, etc.
Tloc&l year
or aoBth
laauance
Total all
tranaof obligatloni 2/
BCtlOBO
Other
tranaactloDB
Seigniorage on eilTor
Increment on gold
let
Receipte
S^endl-
193''.
-731*
811
637
108
3IU
20U
-111
2,811
2
2,000
1935.
1936.
1937.
193«.
-I103
1
-99
-51
2
UOU
101
52
1939.
768
1,106
19I10.
3U
19U1.
19U2.
-217
-3.625
-2,19U
288
852
19113.
I
!
i)
-1,809
-658
-337
-25U
-1.069
-1,815
-1.535
82
-290
-2
:H
83
-726
-lUS
-381
-3
-31.5
-llt6
22
-1^5
-)68
8
-201
19l»3-*prll.
-3^1
May...
JBBa.
July
Angnat ....
Septeabar.
October.
HOTOBhar.
Oeceabar..
-iS
-i«7
-3
19ltWaauary...
Mbruaiy.
Maroh
-165
-331
-2,002
-18
-115
-95
-1^6
-216
-1.907
-87
-577
490
.
iprll.
-2
66
-5
1
Receipte
turee
nko
176
90
ito
176
ko
90
1(0
90
90
1*9
1.9
20
20
lU
ll»
Zxpendltnree
Mlecellaneoua fonde
and accounts 1/
Set
2
Recelpta
Kxpendltures
May 1944
13
Means of Financing Cash Requirements
(la alllloiu of dollara]
iaomt r«^r«l to %• flaaiuod
ttoaas of
flnaaolnc
•t
Tltoal 7«ar
•r Bonth
fotal
•t
roqolrad
to k*
flaaaeod
tnAgotmrj
teflslt
Inoroaso
In 0«neral
Ttind
•xpondltorot
la tnut
•ooonatv,
lBsr«a«nt
oa gold,
Total
aaotmt
flaaaood
laoreaa*
la
pabllo
dobt
•t
docroaao
la O«nor«l
Toad
balaaoo
•to. 2/
•to. 2/
IW*
I>.6l6
1935
3.209
5.390
1936
1937
1938
1939
1940
19U1
3.1'*?
3.1«?
3.1>t?
U,5lU
1,61m
5.078
2,64«
1.3W
1.3W
1.384
flto
U.16U
3.611
3.5*a
3,611
5.103
19.598
55.897
U.16U
3.611
19>»S
19^3
19'»3-i*rll
• .
•
M«J'
Jaa*.*....
Jal7
Aa^put
iit,390
6.o6it
3.9»
5.7>W
Tobraary.
Maroh....
April
Soarco:
1/
3.209
5.390
358
6.515
5.?9'»
3.506
1.861
23,461
3.2T5
2.528
5.99^
23,461
27'*
271*
g.i»3g
5.952
5.955
3.758
g
'I
20b
g
128
338
306
947
890
136
48
14,342
6.064
3.96h
78'»
3.180
4,828
2.53^
912
2.231
131
'»,338
290
14.291
l'«.29l
6.697
5.7«o
2.383
5.>U6
1.139
132
6,6?7
5.740
2,383
6.697
1,112
-281
I*. 817
12,448
4,781
12,448
1,608
2.549
252
'».327
635
5.7>t0
1.716
t.537
l»,823
12.>tU8
"•.157
5.359
1.958
't.772
'k.772
667
l"t
6.916
173
2,205
'*.772
•2/
821
312
6.06))
14,390
70
Call/ Treasary Stateaaatt.
IxoladOB aaoaata for pabllc dabt ratlrameat which are ehargeabla to th« alakli^ faad. ate, aador spsdal prorltloaa of
lav.
1U«
101
7tl
UlO
Octobor..
HoToab^r
Docesbor
19Ul«-J»aa«P7.
>t,6i6
8l)0
11.79H
<).896
l't.S91
.
1,.720
i».550
5.105
«.896
2.0*7
Sept^ate^r
.
2.896
3.209
622
lot
rooolpti
la truot
accoaato,
laoronoat
oa gold.
2,664
55
193
Comprliea trust accoaata. chaeklaf sccoaata of OoTarnaaat
a^aclaa, oto., lacraneat aa gold, aalgalora^ oa allTor. aad
laoallaaaoaa foada and accoaata. laoroa^at oa gold axclud^a
•xpaadltaraa for aatloaal baalc acta ratlrsaaata.
Treasury Bulletin
Ik
Social Security Program
Section I.- Budgetary Receipts and Expenditures
Table
K-
Social Security Act
(In allllone of dollars)
Receipts
OroBB receipts
?lBcal year
or month
Social Security taxes
Psdersd In«uranoe
Contributions Act
(Old-age Insurance)
Federal ItaemplOTiMnt
Tax let
( Ibemployxent
Insurance)
y
1936
1937
1938
1939
igMo
19U1
19U2
19^3
252.2
60U.li
631.2
712.2
788.2
1,015.6
1,288.9
^6.1
19't3-i*rll
HV
276. 2
Jane
5 9
July
An^st.
.
k6. 8
29^. 7
.
Septeml)er
1
October .
HoTenter
Decenber
.
2BU.1
.
11.8
ltU.6
.
Lees aaounts credited to
Federal Old-A^ and
SnrTlTors Ineurance
Trust Pimd
2/
2/
57.8
90.1
100.9
107.5
97.7
119.9
19>».3
SlU.lt
2?-"
Sou.
690.6
895.6
158.
.130.5
265.0
387.0
503.0
537.7
661.3
S68.9
1,103.0
-12.8
1)0.8
5.8
1U.2
5-7
128.2
17"*.
126.9
IU6.7
I85.9
3-3
11.7
26S.0
3-1
.2
U3.6
286.6
3.0
38
8.1
U0.8
283.8
6.0
10.9
3.9
10.5
1.1
38.9
271.0
1.1
5-7
15.1
3.8
1.1
30
Ui.s
873.6
3.7
Us.l
368.7
8.0
33.8
u.u
1U.2
116.5
3.6
31.8
29>.2
2.U
iprll
38. 1(
35.1
3.3
31.7
Tebnary.
217. U
U3.U
26U.6
2.8
March
igUU-jeBMxy..,
Ket
receipts
16.2
118.
5.6
6.7
Expenditures
Orants to States
Social Security Board
Fiscal year
or month
Admlnls-
it/
28.
182.7
332.5
3U3.3
38U.2
UU9.U
50U.U
527.2
191*0.
igUi.
19U2.
19U3.
61.6
19U3-iprll
Mey...
390
I6.U
June.
J11I7
An^oat. .
September.
.
October. .
HoTeaber.
Deceaber.
Department of Labor
t rat Ire
expenses
1936.
1937.
1936.
1939-
Public
Health
Service
59.9
52.6
329
«o!8
2U.I
19UU-jeaii«i7...
58.8
ftbnmry..
33. >t
March
35."
April.
53.6
.6
01d-a«e Aid to
Aid to
assist- dependent
the
ance
children blind
Unemployment compensation
administration
Public
health
work
Maternal Services
for
and child
crippled
health
services children
Office for
Emergency
Management
War
Manpower
Child
Coomlsslon
welfare
(U. S.
services
Smployvent
Serrlee)
Befonda
of
taxes
Sxcese
of
expenditures
5/
May 1944
15
Social Security Progran
-
(Continued)
Section I.- Budgetary Receipts and Expenditures - (Continued)
Table 2.- Railroad Retlreoent Act
(In
almost
of dollar!)
Bceelpii
Xxpendltaraa
flaoal 7««r
or Boath
AdalBlatratln
0*TTl*»< Taxlnc
rraatf art to
Kallroad Eatlraaent
Aoeount (troat aocomit)
•zpsiuaa
i«t of 1937
i/
I93fi.
.3
.3
150.1
109.3
121.0
136.9
170.0
808.8
1.5
lUg.o
iic.o
123.3
128.2
IU8.5
220.2
1:1
2.9
2.6
3.8
7.6
5.t
IU6.U
107.1
120.7
3.0
35.1
A
3U.7
.2
.2
Jvaa..
J.1
.3
.3
J«lor
1.1
15.0
06.2
161.0
.2
.2
.3
IGO.T
1.1
8.2
52.9
33.8
.2
.2
33.5
1.2
U.l
58.6
3H.I
.!>
3'».7
1937.
193«.
.3
1939 •
19'io.
19U1.
19>».
19»t3-
19Uj-^)pll.
ht...
iagu\ ....
S«pt«ab*r.
Oets^r...
IoT«ib«r..
19Uiw«auar...
ttareh
llirll.
«•!
•
1/
.2
.3
.2
A
Xxceoo of
•ipondltvrot
of
iazos
2/
.3
1.2
-1.1
.7
2.3
JM0.3
u.)t
32.1
->»8.3
-Its.
32.7
-8.0
.It
-i52-5
.1
.1
.2
.1
.2
Sally fraaanr Stataaaati.
Utt than $50,000.
lacladaa oal/ axpaiidltiirae froa i9p*oprlatioaa aada apaolfleallj for adainlatratlTa aocpaaaaa ralatln^ to tha Ballroad
2/
3>».o
32.9
-'•?
-58.»
3>».5
3*.3
BatlraaaDt Aet
Oorarad
anroprlatlosa froa tha Oaaaral
V
had
of
Uu
freaa-
Table 3.- Railroad Unenployment Insurance Act.^
(la Blllloaa of dollar*)
bpandltnraa
Baealpta
naeal yaar
*r Bontk
Railroad naaaploTBat
inauraaoa ooatrlbnttoaa 2/
1936.
1937.
1938.
1939.
19IW.
Total
19'»3.
7.5
u.l
8.2
2-5
2.2
6.0
-2.1
-2.1
.2
.2
2.6
.3
U.9
2-5
.2
.2
.2
.2
Ootobar...
loTaater..
.1
.2
.2
.2
.2
.2
.2
.2
.3
.3
•3
.3
.3
.3
.3
.2
2.7
•
.1
2.8
iprll
•
1/
Solly Troaonry Statononto.
Loot than $^,000.
Oporatod aa Ballroad QueBploTBont Inavanca Adnlniatratlon
Bapraaantt 10$ of contrl Vat lone tudar tha Ballroad Dbanplo/aat Insaraaoa let; tha ramalalnc 90^ !• depoeltad In tha
Railroad UnaaplOTaant Inavranca lecoont, nnanployBent Truat
Pond (Soe SflCtlon II, Tabla 3)- IxcludoB amonnti ipproprlatad
to Ballroad UnavploTsant Inanranoa Adalnlttratlon Ttmd aqtilralant to aaonnti of tazaa collactad with reepaot to tha period
froB Janoarr I936 to Jnna 1939. InclxulTo, from iBployort anbJaot to the Railroad UneBployaent laanranoa Act, aa follovs
.2
.2
-2.3
.2
11.7
11.8
-2-3
.1
.1
-2.5
•3
3
Ttmd.
2/
.1
.2
.2
.3
.1
Soureot
•5
.5
5.0
Jnlr
infaat ....
Saptaatar.
Seoaaliar.
5/
3.'*
MV
19M»_jaaaar7...
fabrvajy..
Maroh
Szoaat of
azpeadltarai
5
I9l»3-ij)rll
Jona
Tranofara to Ballroad
Uneaploynest InanraDoa
Icooont. ObesployBont
Iruat ?nnd U/
5.0
10.9
•
6.8
8.5
10.3
19'»l.
19112.
idalalatratlTt txpaaaaa
(Ballroad OaaoplOTsent
Inanranea idnlnlotratloB trmi) i/
^
kj
^
.3
(In mllllont): Calendar year 1936 - $2.7. 1937 - I5-3.
1938 - $6.8, and for the flret atx montha of the calendar
Tear 1939 - 12-9. a«gregatlnfi $17-7- Theoo aaountB are
Incltidad In Tal)le 1 under Paderal DbenplOTnent Tax Act.
(oneDployaent Insurance)
Inclndas oolj ezpandltnree froD qjproprlatlons oade apaclflcall7 for adainlatratlTa expenaee relating to the Railroad
Unemployaent Inauranoe Act.
RepreeentB exceas fnnde of the Ballroad Dhenplo/nent Inauranea Adalnlttratlon Tmd (nnder Act of Oct. 10. 19^).
CoTored Vy approprlatlona by Congreea.
Treasury Bulletin
16
Social Security Prograa
tcontinued)
-
Section II.- Stateaants of Trust Accounts
Table 1.- Federal Old-Age and Survivors Insurance Trust Vuaii^
(CiuailatlTa froa ereaalsatlam - Im atllioms'of dollara)
XzpeMltvraa
Bacalpta
Ind of fiicaJ
jear or aoath
1936
1937
1938
1939
19UO
Approprlatlooa
Coicraaa
total
rsealpta
^
8«7.3
7*8.7
199-6
792.1
536.2
502.8
720.7
191*1
1^2
I9't3
5.661.6
5.666.6
5.701.7
19Wt-I»bruai7.
March
April
Sowca:
iBTaat-
aata
265.0
765.0
1.155.0
1.705.0
2,393.1
3.288.8
IM.I
2U.1
i;8.6
275.6
«.l»19.3
301.5
U52.>i
5.*
19.3
35.1
99-5
209.8
359.1
5.357.3
5.361.8
5.396.9
30%.3
30U.g
590.0
608.6
628.5
1*76.2
>I92.S
509 .»
5."t
19.3
I7.I1
87.
3alt.8
iBTaataaata
for
adalnlatrstlT*
axpamaaa 2/
65.9
93.1
267.2
777.2
1.180.3
l.7W«.7
2.397-6
3,227.2
U,268.3
267.1
662.3
1.177.2
1,738.1
2,380.6
3,201.6
U,336.8
113-7
115-7
119.1
5.071.7
5,058.0
5.073.2
•t,
2.3
17.7
uu.e
tbazpaodad ^alaaoe
aaialnreaBaat
Total
Old-aca
expaadl- traaflt
tnraa
par>*>ta
12.3
Oallgr Traaanrjr Stateaaata.
Ib Qaaaral
riui
la dli^vrtla^
offlcar'a
aeoffut
.1
.1
U3.0
1.9
.1
?••*
6:1
5.2
7.0
10.8
172.7
17.7
37.
31.1
6.1
867.9
5,011.9
5,011.9
20.>t
2h.5
2H.0
fiaaerva Aoooaat.
•
L»i
1/
iBclxidei traniactlona effoetad
thas (50,000.
2/
mdar
tha pradaoaaaor
OU-ifa
UBdar Saotlaa 201 (f) af tha Saalal Saearlty lot
of 1939.
aaaMMata
Table 2.- Railroad Retlrenent Act
(CnaalatlTa froa orgaaltatloa - la alllloBS of dollara)
Bacalpta
of flacal
joar or aonth
Total
raealpta
1>6.6
ii6.6
1936.
19371938.
193919U0.
19U1.
iBtaraat aa
lavaataaota
Saaaflt
pajaaAta
Total
lk«.6
1*6.6
k.O
79-8
268.ll
26>t.8
3.6
185.
390.8
506.9
650-9
871-5
3«"».9
n
298.7
U19.9
11.6
17.3
5>i6.1
1.135-1
1,116.9
1,116.9
765-7
777.1
1,135-7
1,U6.9
18.3
18.5
18.8
369."*
1,135.'«
788.1*
367.3.
63?.'*
85&.2
la Oaaaral
676.6
68.1
82.7
92.1
87.0
10k. 8
191.9
358.2
Dally Traaaurjr Stateaenta.
thaa $50,000.
>ai
Table 3.- Unemployment Trust Fund
la dlsbarala^
afflear'a aoooaat
1*6.6
36.6
>*2.6
1.1*
taf.s
laraataamta
rod
Hfi.S
llt6.5
19'>3.
Sour 00:
Ipproprlatloaa
I7 Coacraas
IH7.9
19'>2.
igUU-Itabmary
March
April
Balaaea
Ixpendltvraa
Unaipaadad balaaea'
Sttd
66.2
67.2
^i
91.5
178.0
322.0
311.0
333-5
.2
13.2
10.8
n
6.0
1.6
2-3
1.8
10.5
U.7
12.8
31.7
31-7
.3
12.7
12.5
13.6
May 1944
17
Cash Income and Outgo of the Treasury, by Major Classifications^
(In nlllloDB of dollarB)
18
GENERAL
FUND
OF
Treasury Bulletin
THE
TREASURY
May 1944
19
Assets of the General Fund of the Treasury
(In
of flvoal
/••r or Boath
ftljl
193^
1935
1936
1937
193«
md
19U1
19U2
19^3
l9U3-lprll
May
Jnna
*..••••
•••
Jal7
^i^nat ...>••••••••••••••••••<
Sapt aalwr
OotoWr
HOTaabar
iglA-Janoarx
Vabmarj
Marok
April
Sonrcai
,
of OoTomaant
&oo«rT« laaJu
•oourltlao
(War loan aoeonato)
&!•
Othar
dapoalto
and
oollaotiona
37
55
58
55
3.087
2,038
2.812
3.'A3
10,lU9
1,194
1,022
25^
I.02U
603
1.038
776
805
95
105
l43
265
533
U2
883
897
«7'«
897
911
52
661
1.679
7.667
10,ll85
9U
1,215
651
1.038
11.117
7.667
529
4S7
533
906
905
883
979
1.076
1.538
6.750
4.362
15.676
451
501
636
900
908
1.095
1.2*5
17,280
15,'»92
12,878
926
1,1)08
9.942
563
569
601
12.873
19.726
17.270
957
9^6
933
1.098
1.172
1.5^0
10,314
17.095
14.306
^9^
12.896
890
954
10,546
506
13.152
10,1^9
9.127
1«.75»
19,838
••..••.•.••*•....
Sacaatoar
Fidnvl
1.854
799
1,150
6U9
611
13,
,
8p«olal dopoaiti
aooonnt of
97
118
862
141
929
a.'«19
19I10
enrroaajr
Bopotltt In
1,0>W
i,oiA
86;
1,863
827
3.033
2, 016
2.936
8.709
1939
of dallari)
Bullion, ooln,
fetal
•
mllUou
12,
no
523
Dall/ fraaanry Stataaeata.
Balance In the General Fund of the Treasury
(In
Xnd of fiscal
jrear or aoath
Total
aaseta
193>».
3.033
1935..
1936..
1937.
1938..
2, 016
MilUona of dollarB)
Total
ItaMUtlao
'^51
2.936
2.709
2,4l9
254
156
203
3.087
2.038
2,812
248
147
179
Balanoo
la tha
Oeneral
road
2,160
1,163
1,885
2,229
10.149
1943-iprii.
May...
Jvaa..
13.112
13.152
10,149
12,617
12,687
9.507
July
9.127
balmoa
1.771
l.COl
2,069
2,000
1,622
2,838
1,891
2.633
2,991
9.507
4li
643
World ii£
2.582
1,841
2,682
2,553
2,2l£
1939.
1960.
1941.
1942.
1943.
3.*3
Analjali of balaaoa In tha Oeaaral Timd l/
g?
Sei^alorasa
on allrer
l4o
316
^
InoroBont
on £Old
811
700
297
*?'
147
l42
1U3
143
8.7W
536
585
605
619
619
11,854
11,924
8.744
619
619
619
144
144
144
7,832
5.601
17.395
619
619
619
144
144
144
l44
An^at ....
6.^5
Saptaa^r.
18,734
576
18,158
Oato'kar..
19.838
15.1^2
12.878
5^1
53H
584
19.297
14,958
12,294
18,534
14,196
11,532
619
619
619
144
144
144
634
571
664
12,239
19.155
16,606
U.476
Maroh
12,873
19.726
17.270
18.392
15.844
619
619
619
144
144
1U4
April.
12,896
617
12.279
11.517
«19
144
VoTaa^ar.
Saoaa^r.
1944-JaBnar7.
Tatoraary.
Sonreai
1/
Sallj Traaanrx Stataaanta.
la tha fiscal yaari 1335 and 1936, (91 allUona aad 8554 allllona, raapaotlTaly, vera tranafarrad froa Inoraaaat an gald
ta tha mrkliic halaaoa for ratlraaent of national bank notaa.
la thia atataaant, hovavar, ehargaa for ratlraaaat of national
hank notaa ara raflaetad dlractlj a^nat Incraamt on cold
In tha jaars during which tha retlreaanta vara aetnally
aada.
laaetlra gold In tha aaomt of $1,087 allllona for
tha flaoal 7«ar 1937 la oonaldorad aa a part ef tha wrldac
halaaoa.
20
Treasury Bulletin
Analysis of Change In Balance of General Fund of the Treasury
[in mtllloni of dollars - H«t lacreaao or not docroase (-2]
Vorklne "balanoa
Total
Chan^ during
f local
7«ar or aonth
chaa^ In
O«noral
fund
trnXmaam
Total
working
balano*
Oeaaral
and Bpoolal
aeeonnto
1/
HUcolPall lie d«1>t
Tmat
ao count
2/
aeeovato
lanaoni
fnnda and
aceoiutt
1,720
-Tin
gl»0
-12«
-338
193«.......
9O8
-769 6/
1,067 1/
-70
-377
-2,896
-3.209
-6.550
-3.16?
-1.386
't.51'*
26
1.739 1/
5. '•75 ll
2.7W 2/
61)
7921/
OoTomaant
a^nelaa,
-736
637
108
31U
3"*
19
11
20l>
-9U7
7U2
358
6.515
537
-997
722
3IA
6.515
-3.56a
-3.611
-5,103
-19,598
-55,897
8,438
70
-3.180
g,U3g
70
-3.180
-5.952
-5.955
-3.758
Juny
-918
-2,231
-912
-2.231
Sept«ate«r
11. 79"*
11.79'*
-2,087
16,291
-265
October.
1.139
-6.338
-2.666
1.139
-'».338
-5.626
-5.760
-1.716
6.697
1,112
-281
52
210
-262
lU
16
22
i2,ia«
1,608
50
150
-201
101
-2.5^19
-6,823
-5.359
-1.952
lt,781
6,;i1
March
55
6.916
-2.5^9
-2
-165
-331
-2.002
April
-6,327
-^.327
».772
252
120
160
-87
1939
i960
19U1
19U2
19>»3
1963-lprll
x«y
Jon*
.
HoT«Bl)er .
Dicenber.
19>t4-Jaimu7...
yebmary.
cs:
•
1/
2/
"^
5/
bj
2
16
11
23,661
66.276
29
37
37
66
92
2Ul
1U,3U2
t9
16
51
-9
5.99^*
6,06lt
78U
U,g28
-279
-2,666
Dallj Treaaur/ Stateaenta.
>as than $500,000.
This is the net budgetary deficit. Xxolodas aaonntt for public debt retirement which are chargeable to the sinking fund,
etc., under special proTlaions of law.
This repreaenta the increase in the groaa public debt, ecxcept
as noted.
(See footnote jj .)
Includes Federal Old-Age and SurrlTors Insurance Trust fond,
UneBploynent Trust road. Railroad Betireaent Account Oovemment Insuranoe and retlrenent funds and other trust funds.
Comprises Publio tforks Adalnistration rerolring fund and spaolal deposits (net). Also includes Agricultural Marketing Adninlstratlon cocmodlty food staap trensactlons.
Includes expenditures for retlrenent of national bank notes.
In the flfloal years 1933 and I936. $91 Billions and $5^4 alllions vere transferred from increment on gold to the working
768
36
-217
-3.
on allTor
Xner«B«nt
on gold
5/
811
lUo
176
M)
90
-Ul 6/
-^3i/
-99
-51
90
U9
20
1^
-2.;
-17
-356
82
-726
-ll«
-1U6
92
2.53't
,
U/
3.280 1/
2.528
Solgnlora^
ato.
!t/
193^
1935
1936
1937
Cho eking
aoeotmtt of
8
balance for retirement of national bnnk notes.
In this statement, howaver, charges for retiranient of national bank notes
are reflooted directly against increment on gold. In the jaara
during whloh the retlreaenta were actually mads.
laaetlT* gold
in the aaount of (1.087 lllions for the fiscal year 1937 is
considered as a part of the working balance general and spaoial
accounts for tha purpose of this table.
Ixpenditures for the retirement of national bank notee from
Increment on gold for the flseal years 1935 ^^ 1939 (** shown
below) are not reflected herein, but are refleotad under incraaent on gold as follows:
1935 - *91 ailUons, 1936 - $397
millions. 1937 - 199 lllions, 1938 - $31 lllions, and 1939 The increases In tha pub$5 ailllons, total - $6^5 alllione.
lic debt shown in the table "Means of Pinaneing Cash Requirementa* for tha aboTS fiscal years will net agree for the reason
stated aboTO.
II
PUBLIC
OF
DEBT AND GUARANTEED OBLIGATIONS
THE UNITED STATES GOVERNMENT
Treasury Bulletin
22
Summary of the Public Debt and Guaranteed Obligations of the United States Government
J^
(In mllllona of dollars)
Public debt
Guaranteed debt 2/
Interest-bearing debt
End of flBCal
year or month
Marketable
lesues
27.73'*
32,S2l*
1935.
1936.
1937.
1938-
38. 1*97
1(1,089
Us, 018
27.053
28,701
33.779
26. 081*
36,1*25
33.051*
37,165
32,31*1*
1*5,890
1|0, 1*1*0
33.965
1*8,1*96
3"*. 1*36
igiti.
55.332
76,991
1*2,968
1*8,961
72,1*22
19113.
l'*0,796
136.696
IS'tS-i.prll.
M«jr...
131*. 221
129.81*9
11*0,003
11*0,796
135.913
136,696
11*5,316
11*8.000
162,321
191*2
•
Jus*.
fUj
iagaat . .
September.
.
October..
NoTflBber
Decenbar
19U4-Januar7.
Tebraary.
March....
Sovroa:
•
1/
2/
573
1.056
681
U.123
U.I23
1*,718
1*.713
.558
,676
790
625
U.665
589
l*.853
1*,665
l*,853
2,151
3.166
3.770
551*
5.1*51
l*,775
591
l*.555
6.120
7.585
10,871
571*
1,316
5.529
6.370
U.568
It. 100
9.795
10,198
10,871
1,206
1,238
1,316
l*,372
l*,091
1,286
1.338
1,296
3.791
396
633
626
62
1,261
1,188
1.556
37,713
50.573
95.310
Marketable
issues ^/
13,510
29.200
1*51*
91,398
95.382
95.310
27.1*56
98.613
99.935
158.3'»9
111,1*26
30,169
30,879
33.910
11,1*56
lltU,059
169,166
170. 3I8
170,108
165. 0U7
115,91*1*
i*,U9
115,909
115.230
11.86«
12,278
12.703
1.1*58
166,158
165.877
35.776
36.595
1.377
1.370
l*.l6o
933
187,339
186,993
170,659
183.107
18U,715
115.259
126,171
128,080
1*2,370
1*1.762
12.873
13.168
13.507
3.616 hj
1.398
1.367
U.275
U.233
2,278
187,21*1
lgl*,967
127,
WW
1(2,275
13.697
1.55I*
2.271*
171*.
April.
Special
issues
issues
26,950
31,102
1939i9te.
Matured debt
and debt
bearing
no interest
Nonfflarketable
Interest-bearing debt
11*1,521*
29.095
29.200
11,907
11.717
36.571*
38.911
I)all7 Treaaury Statamanta.
Leas than $500,000.
for detailed atatanent of the public debt and goaraataad obllga^
tiona. see follovlag page.
Ouaranteed sacuritlaa held by the Treaaury, end eeeorltiee
goara&taed aa to interest only, are not included in this tabla.
3/
k/
Matured
debt
Nonmar!cetable
Issues ^/
681
5.1*50
5.1*98
1
6.360
U,5U9
3. 908
u.ioo
3,91*1
3.971
U.230
31
11
20
8
183
U.198
3.9O8
3. 908
183
3.582
3.582
3.583
200
352
382
9
3.583
3.583
3.583
530
571
6
61*2
6
6
3.583
3.1*69
686
758
6
6
l.5i*i»
711*
20
1.503
751*
16
166
9
9
8
171*
7
7
The BecooBtruction Finance Corporation notea. Series X-A. X-B, and X-C.
which are held entirely by United States QoTemnent agencies, have been
olaaslfied as non-oarket^le issues.
Includes prepayments in the amount of $2,193 mllllona on securltlaa
dated February 1, 19'*'* and offered as part of the fourth War Loan.
Analysis of Issuance and Retirement of Public Debt
(In millions of dollars)
Public
Fiscal year
or month
debt outstanding
end of
fiscal
year or
month
1931*
36,1*25
U.515
1.6U8
5.078
2.6U6
37.165
71*0
27.053
28,701
33.779
1935
1936
1937
1938
1939
1*0,1*1*0
19W
191*2
1*2.968
1*8,961
72,1*22
191*3
19'*3-Alirll
Public debt receipts
(Issuance of public debt)
Net change
in public
debt
during
fiscal
year or
month
3.275
2,528
Public issues
Cash
1/
13.583
13.126
llt.121
9.589
9.621
13.0gi*
136.696
5.991*
23.1*61
61*.27U
13.166
17,8U7
37,16U
122.632
129,81*9
11*, 31*2
17.620
May
June
135.913
136.696
6.061*
781*
10.61*3
12.1*80
July
Augoat
Saptaober.
ll*l,52l»
1*,828
8.702
li*i*,059
2.531*
ll*,291
21,71*8
191*1
.
.
.
October .
HoTeabar.
December
.
.
19l*l*-January...
158.3*9
165,01*7
166,158
165,877
8.10l(
ll»,2gl
6.697
1,112
-281
5,682
10,378
1*,781
9,1*1*9
February.
March
170,659
183,107
184,715
12,1*1*8
1,608
^>ril.
18U,967
252
ee:
•
1/
Public debt expenditures
(Retirement of public debt)
CertlflcateB
Adjusted
of Indebtedservice
ness, special
bonde
serlee 2/
9,161
5.716
8,958
6,199
U.776
30,388
961
Exchangee
Cash
1/
of Indebtedness, special
Exchangee
11,1*78
2.978
1.751
9.0U3
5.51*2
1.1*99
6,91*3
2,671*
2.159
8.881
U.625
5.166
U.159
6.96U
2.978
1.751
2.67U
7
8
3.035
2.812
3,11*2
2.567
3.151
U,2Ul
5.876
8,318
9. 809
10 638
2
11.853
13.703
58.358
5.301
5,680
5,816
8,693
3.035
2,812
3.1U2
596
9U
3.278
1*15
1*.580
5.395
11.697
2,976
3.195
6.170
60U
3. 871*
3.855
1*62
5.570
i*.003
326
7.1*58
6.U51
.669
lUl
13
596
303
17.911
8,098
6,086
20,931
Certificates
Total
1,1*1*2
1.371*
805
1.556
1*91
11,056
5,228
6,398
9.069
.
U.720
U.305
33.671*
303
17.911
1,1*1*2
1.371*
8O5
567
1,01*1
1,1*73
2,146
2.896
U.lll
5.332
302
12
U,722
19
1.556
11
516
3,062
162
7.581*
U.511
1*21
31*
1*37
U.570
10.660
it.525
3.5^
7.105
3.5W*
U
209
l*.668
U.628
2.127
Mo
112
11
3,062
19,226
10,355
1
2,127
1*07
6.778
l*,5l(0
38
1.91*6
350
8.71*6
6.789
1.91*6
10,322
5.192
2l*
'*.903
203
10.070
5.155
U.903
2/
191
209
523
1*91
9.239
16.691
8,019
Sally Treasury Statements.
Leas than $500,000.
Xzoludas certificates of indebtedness. special series.
Special
Issues
series 2/
6.961*
17.527
8,855
6,281
Special
Issues
26U
¥*6
516
u.isg
7,1*75
7. 196
10,1*62
91*,
Public lesues
£xceBB
profit
tax refund
bonde
Consists of special series of certificates of indebtedness issued
directly and solely to Federal Reserve Banks.
11
11
May 1944
23
Detailed Statement of the Public Debt and Guaranteed Obligations of the United States Government
(Id million* of dollars]
2>t
Treasury Bulletin
Detailed Statement of the Public Debt and Guaranteed Obligations of the United States Government
(Continued)
(In allliona of doll&ra)
-
May 1944
25
Treasury Bulletin
26
Guaranteed Obllsations Held by the Treasury^
(In BllllonB of
Cosmodlty
Credit
Corporation
Snd of fiscal
year or month
dollwi)
federal
Public Housing
Federal
Parn Mortgage
Corporation
Authority
Rone Owners'
Loan
Corporation
3,255
3.655
U.030
3.630
1931*
1935
1936
1937
1938
Reconstruction
71 nance
Corporation
Tennessee
Valley
Authority
3.255
3.655
U,030
25
15
883
1939
I9U0
273
lou
10
25
191*1
lUo
19U2
19^3
302
U,079
7.535
1.950
283
19U3-Aprll
May
June
6.152
6.357
7.535
750
700
1.950
T.063
7.170
7,310
October.
NoTember.
December
7. ''77
19Ul4-January
February.
3.60;
'^
20
2U3
551
212
2.53^*
283
283
283
276
''.787
21*3
5.07"*
212
5.033
57
57
57
700
700
700
283
283
283
173
110
79
5.850
6,021
6,192
57
57
57
700
800
800
283
283
36
6.U01
7.560
7.853
9
6,UU
28J
6.713
57
57
57
March
8.0U5
8,292
10.325
900
900
900
676
28J
398
398
597
6.806
6.937
7.697
57
57
57
April
10.403
900
697
398
603
7.7U9
57
July
August
Septemller
.
.
.
.
20
263
Dally Treasury Statements.
>se than $500,000.
Source;
52
57
57
57
7
20
1*00
271*
1/
5.033
These securities are not incluiied In preceding statements of guaranteed
obligations outstanding.
Computed Interest Charge and Computed Interest Rate on the Public Debt and Guaranteed Obligations
of the United States Government
(In millions of dollars)
Public debt and guaranteed obligations
End of fiscal
year or month
Interest-bearing
debt outstanding
Computed
annual
interest
charge
27.161
31,768
37.707
UO.U65
861
863
970
I.0U7
1(1,1*28
1939
Computed
annual rate
of interest
(Percent
Public debt 1/
Interest-bearing
debt outstanding
Computed
annual
Interest
charge
Guaranteed obligations 2/
Computed
annuel rate
of Interest
(Percent)
112
109
117
2.052
1-978
l*,092
85
81
1.861
1.968
1.997
1-992
1-979
't.363
1*,082
82
80
U.092
81
1.890
1-970
1.968
2.763
2,802
3.070
1-971
I.96U
1-955
3.782
77
78
79
2.035
1.995
1.987
163.589
l6U.7gi
l6U,508
3.173
3.203
3.217
.91*0
i*.li3
,91*1*
4,15*
80
80
,956
1*.225
81
l.93«
1.928
1.912
.959
U,269
81
i.90lt
1.903
1.UU9
81*2
751
1,068
27,6U5
32.989
35.800
36.576
1*5.336
1.11*9
2.53U
39.886
igito
1*7,871*
19U1
19U2
5t.7''7
2.511*
2.1*38
1*2.376
1*8.387
139.1*72
2.260
1.978
71.968
135.380
1.61*1*
19't3
1,203
1.335
1.729
2.759
2.679
2.600
2-583
2.518
2.285
1.979
2,651
2.763
2.759
1-993
1.992
1-978
128,61*3
2.569
2,683
2.679
2,81*0
1.972
I.96U
1-956
11*0.238
11*2.721
157.053
76.517
ISl'S-Aprll
May
June
133.006
138.757
139.1*72
July
August ...
September
1W*,020
October..
NoTember.
December.
19'»'»-January.
Pebruary.
March
April
Source:
1/
675
135.380
131*.
81*5
92&
9U7
1.037
1.095
1.218
3.
681
l*.123
lt,718
l«.665
l*.853
5.1*50
5.1*98
6.360
U,5U9
11*6,655
2,881
161,018
3.11*9
167,701
168,935
168.732
,253
,283
,298
1.91*0
171.312
185,936
185,606
>35U
167, 0U3
3,273
181,709
3,5W
951
1*,227
!6oo
1.958
1.950
1-939
183,31*8
3,567
,9U5
2.258
80
33
3.606
1.9l»2
183,1*13
3.573
1.91*8
2.258
33
185,670
1-91*3
1.95*
Dally Treasury Statements.
Treasury bills are Included in interest-bearing debt figures
at face amount, but for purposes of calculating the computed
annual Interest charge and the computed rate of interest, the
discount Talue Is used, for the purposes of computing the
Computed
annual rate
of interest
(Percent)
2.710
2.720
2.650
2.633
26,1*80
1935
1936
1937
1938
HTi mial
interest
charge
18
112
125
123
121
181
2.715
2.562
2.582
2.589
3.169
2.716
2.573
2.588
2.579
igs"*
Computed
Interest-bearing
debt outstanding
2/
3.93't
3.96I*
2.1*98
I.83I*
1.1*71
annual IntereBt charge and rate of Interest on United States earlngs
bonds. Series A-E are considered to yield 2.90 percent per annns and
Series T Is considered to yield 2.^3 percent.
Gaaranteed securities held "by the Treasury, and seoorittes
guaranteed as to Interest only, are not Included in this table.
May 1944
27
Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued or Guaranteed by the United States -^
As of April 30, 1944
(In nllllons of dollBTt)
Batallad anmml aaturltlaa
SMorlptlon of •eurltjr 8/
Tear
and
rixadBatnrlt7
(Data of laaua la shown In parantheaea)
month
iBsnaa
I9IA
MV
K«7
HV
June..
..
Aug
Sept
Sept....
Sept
Oct
Sac
Sac
Treasuxy bills
Ctf. of Indebt. C 7/g#
HOlO bond
AJi
WMO bond
3#
3/l»)t
Treasury note
AOtf.
Indebt.
of
D
7/8*
Ctf. of Indebt. I 7/Si
Treasury note
CIf
3/lt1t
Treaaury note
B7/81t
Ctf . of indebt I Ctf. ef Indabt.
7/g*
Treaaury bond
hi
.
5/1/Ult
5/1/UU-52
5/15/ltU-U9
6/15/lrt
g/l/lA
9/1/'*'*
9/15/'*'*
9/15/'*'*
10/1/'*'*
12/1/UU
12/15/l*l*-5l*
(Varloos)
(5/1/U3)
(S/l/S"*)
(S/IS/S"*)
(6/15/39)
(8/2/U3)
t9/15/t3)
(12/22/39)
(l/31/>tl)
(IO/I5/U3)
(12/1/U3)
(12/15/2*)
Total
19U5-Tab
fab
Mar
Mar
Mar
Apr
June ....
Sept
See
Dee
A -
2/1/1*5
0- 2/15/'*5
B- 3/l/'»5
A- VI3M
0- 3/15/1*5
B M -
k/l/k^
6/l/U5-'»7
9/15/'*5-'*7
- 12/15/1*5
B - 12/15/1*5
19U6-Jan
Mar
Mar
June. .
Jnna ....
See
.
yi
1*
June.
Sept
Sept .
Oct
Sec
. .
.
.
See
Conrerilan bond
Treaaury note
Treasury bond
3*
3-1/8* Treasury bond
1-1/2* Treasury note
8.187
(3/l5/'tO)
(9/85/1*2)
718
1,606
(kflfVi)
(6/1/39)
(9/16/35)
(12/15/37)
l*.877
(12/18/1*0)
Sac.
Sec.
Sac.
3-1/8*
2*
2*
3-1/8*
2-1/2*
2*
l/l/l»6
(I/I/16)
3/15/1*6
(11/1/1*1)
3/I5/U6-56
(3/I5/26)
1*89
- 6/15/l46-It8
- 6/15/1(6-1*9
B - I2/15/U6
(6/15/3I*)
1.036
819
-
(6/15/3I)
(6/5/U2)
Sec.
2*
8*
2-1/2*
2*
2*
Total
16
503
3.261
(1/1/17)
(6/1/39)
(9/16/35)
(7/I2/U3)
(10/16/22)
(12/15/38)
-
A-
3/15/1*8-50
3/I5/U8-5I
6/15/1*6-1*8
6/15/1*8
9/15/1*8
9/15/1*8
8,707
759
701
- 12/15/1*8-50
(3/15/Ul)
(3/16/36)
(6/I5/3U)
(12/1/1*2)
(3/15/38)
(3/15/*)
3.068
3.^
571
7.259
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
bond
bond
bond
bond
bond
bond
-
6/15/l;6-l»9
-
6/15/1*9-51
9/15/1*9-51
- 12/15/U9-53
- I2/I5/I19-5I
(12/15/36)
Traasuty
Treaeury
Treasury
Treasury
Treasury
bond
bond
bond
bond
bond
-
(3/15/1*1)
(10/19/1*8)
-
- 12/15/U9-52
(6/15/31)
(1/15/U2)
(5/15/1*8)
(12/15/31*)
(
7/15/'>8)
3/15/1*8-50
3/15/50-52
- 9/15/50-58
- 9/15/50-52
- 12/15/Ug-50
(9/15/38)
(1*/15/1'3)
(18/8/39)
759
1.115
1,223
(12/8/39)
/
8.31*1*
13
3.1*81
band
bond
bond
bond
Iwnd
note
bond
1.969
-
Total
1950-Mar.
Mar..
Sept.
Sept.
755
1,211*
5U1
531
A-
OonTersion bond
1/1/1*7
3*
6/I/U5-U7
1-1/2* HDLC bond
M - 9/15/1*5-1*7
2-3/1** Treasury bond
A- 9/15/1*7
1-1/2* Treasury note
lt-l/l»* Treasury bond
- IO/I5/U7-52
Treasury bond
-12/15/1*7
2*
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
1.037
1*18
3.779
Total
19U9-Jtua.
June.
Sapt.
1.037
15.8591
3-3/I1* Treaaury bond
2*
2-3/U*
3*
1-3/U*
2-1/2*
1-1/2*
2*
3.5IIO
5.01)8
Total
19U«-Mar
Mar
Jvne....
Jnaa . . .
Sapt
Sept....
283
635
3.519
(2/1/1*1*)
Total
igltT-Jan
1^
8,51*5
1*,122
(2/1/ltU)
(7/21/'»l)
Total
Tlrat
call
13,150
1.655
176
89.909
Ctf . of Indabt .
T/ef
1-1/g* CCe note
.90)t
Treasury note
3/I1*
Treasury note
1-1/U)t Treaaury note
Ctf. of Indabt.
7/«»
1-1/2* HDLC bond
2-3/lti( Treasury bond
2-1/2)1 Treaaury bond
3A> Treasury note
Oallahla lasnaa
olaaalflad by yafr of;
2,910
1,011*
Tlnal
Baturlt7
Total """"I maturities
Tlxad-maturlt7
issaes plus
callable Issues
elaaslflad h7 year
of first call
yiied-maturlty
Issues plus
callable Issues
classified by year
of final maturity
28
Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued or Guaranteed by the United States -^
As of April 30, 1944 - (Continued)
(In millions of dfillare)
Tear
and
aontb
Treasury Bulletin
May 1944
29
Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued or Guaranteed by the United States -^
As of April 30, 1944 - (Continued)
flm
aUllau
of tellari)
Detailed anaoal aatmrltiee
Seeerlptloa of eeonrlt; 2/
(Sete of leeae le
Bonth
2-7 /8)( Treaeury bond
2-3 /U]( Treaenrj kond
1960-)lar.
Deo.
-
than
In paxentheeae)
3/15/55-60
12/15/60-65
Callable issues
classified by year of:
Tlxed-
atnrlty
loenee
lirst
eall
.
}i
.
1,1(85
l,Ug5
Panaaa Canal koad -
1962- June...
2-1 /2!( TreasTury tend
1963- June.
Dee..
2-3/U^ Treaenry bond
2-1/2^ TreaoQTjr bond
-
6/I/6I
(6/1/11)
6/15/68-67
{5/5/'»2)
6/15/58-63
12/15/63-68
(6/15/38)
6/I5/61t-69
- l2/l5/61t-69
2-3/U^ Treaenry bond
2-1 /2 Treaenry bond
Mar..
- 12/15/60-65
- 3/15/65-70
2,611
50
50
919
(i2/i/l»a)
2.831
(U/15/»t3)
919
2,831
919
3.762
3.838
(9/15/»^3)
7,600
7,600
196S->o..
l,Ug5
2,Ug
2,118
2,831
2-1/2^ Treaeury bond
S-l/Zf trmmrj bond
Dec.
2,611
50
tBtal
1961t-Jone.
fized-aatority
Tixed-oaturity
issues plus
iesues plus
callable issues
eallable issues
elassified by year classified by year
of final aaturity
•f first eall
2,611
;(3<15/35)
(12/15/38)
Total.
1961- June
final
aturity
Total annual aaturities
l,ltg5
<^?A,5/J«J
(a/i/W)
2,287
2,287
total.
l,'t85
2,287
1,U85
2,118
2, 716
2,118
1966.
2-l/2?f Trensnry bond
1967- Jnne.
Sept.
6/15/62-67
9/15/67-72
2-1 /2it Treaenry bond
(5/5/^2)
2,716
(lO/20/l«l)
2,716
Total.
196e-Dee
.
1969 -June.
Dee..
2-l/2)t Treaonry bond
- 12/I5/63-68
(It/l/'W)
2,831
2-1/2^ Treaeory bond
2-1/2^ Treaenry bond
6/l5/6lt-69
l2/l5/6lt-69
(V15/U3)
3.762
3.838
(9/15/^3)
Total.
1970-KsT.
2-1/2)8 Troaeniy
bond
2-1/2)8 Treasury
bond
-
2.831
7,600
7.600
3/15/65-70
(2/1/'*)
2,287
2,287
9/15/67-72
(10/20/Ul)
2,716
2,7l6
1971.
1972-Sept
Bonrcei
\J
2/
.
.
Dally Treainzy Stateaent . and reporti to the Treasury.
txclAdes postal sarins bonds and federal Bousing Idainlotratlon debentures.
It sbonld be noted that eallable Issues appear tvlee la this
colaan. ones in the year of first eall and a^in in the year of
Callable issues vlth respect te vhloh a defifinal naturity.
nite notice of eall has been aade« hoverer, are listed as fixed
The a1)br«TlatloBB refer to the folloifiii« oorporatlenst Ho»« Ownen' loan Corporation, CoBBodlty Credit Corporatlen, and federal Tarn Mortga^ Corporatloa.
fhe Beconetmctloa finance Corporation notee, Series I-A, X-B,
and I-C, which are hold entirely by United States OoTemnent
a^nciee and tmet fonde. hare been olaatiflad ae no n-aarte table
AtvrltlaB.
2/
lamas.
30
Treasury Bulletin
Offerings of Marketable Issues of Treasury Bonds, Notes, and Certificates of Indebtedness^
Since January 1, 1942
May 1944
31
Offerings and Maturities of Treasury Bills
Table 1.- Description of Treasury Bill Offerings and Amount of Maturities
(Amoimte In nilllona of dollars)
Description of new Issue
Dats of
it sue
19U3-Apr.
kpr.
Apr.
Apr.
May
Kay
May
Amount of bids accepted
Maturity
date
7.
I9't3-July
7.
Ik.
21.
28.
July
July
July
lU.
5.
Aug.
Aug.
Aug.
Aug.
21.
28.
Number of
days to
maturlt/
Amount of
bids
tendered
Total
amount
Amount on
competitive
basis
Amount on
fixed-price
baels 1/
91
91
91
91
i.iou.i
1.359.6
1,622.3
1.585.8
8OU.7
sou. 7
801*.
80l*.0
901*. 7
9OU.7
901.8
1.388.6
1.509.3
1,566.7
1.378.7
901.8
907.0
907.8
905. u
823.0
8U3.7
820.5
921.3
93U.I
62.3
91*7.1*
58.1*
1*0.6
68.1*
901.8
600.1
601.5
701.5
702.2
901.8
U.
91
12.
19.
26.
92
92
92
Sept.
2.
Sept.
9Sept. 16.
Sept. 23.
Sept. 30.
92
92
92
92
92
1,321.6
1,305.8
906.0
908.
1,000.5
1,006.1
1,005.8
Oct.
Oct.
Oct.
Oct.
lU.
21.
28.
92
92
92
92
1,176.U
1,31^.5
1,520.3
1.373-8
1,003.1
1,001.2
1,003.7
1.002.8
962.5
932.8
933-0
95H.0
U.
12.
18.
26.
92
92
1.UO8.9
1,005.8
91*8.5
57.
91
l.ltl9.0
l,lt20.5
99"*. 7
19,
26,
Not.
Not.
Not.
Not.
92
1.277.9
1.005.3
1.002.3
932-2
929 -i*
93U.0
62.5
75-9
68.3
Sept.
2,
Sept.
9,
Sept. 16,
Sept. 23,
Sept. 30.
Dee.
Dec.
Dec.
Doc.
Dee.
2.
916.
23.
30.
91
91
91
91
91
1.177.6
1.281.2
1.535-6
i.Ugg.s
1.337-7
1.001.8
I.OOU.9
1,008.6
1.017.7
1.003.0
91*2.3
950.1*
59-5
932.2
76.1*
91*0.5
9U3.2
91
91
91
91
1,239.5
1,18U.8
1,286.5
1.006.9
1,00U.7
1.000.8
1,008.1
91
90
91
90
1,1U2.7
1.2U7.1
1,221.6
1,621.6
91
91
91
91
91
May
June
June
June
June
June
July
July
July
July
Aug.
Aug.
Aug.
Aug.
Oct.
Oct.
Oct.
Oct.
Hot.
Hov.
Not.
Not.
12.
19.
26,
2.
9.
l6.
23
30
7.
Ik.
21.
28.
k.
12,
7.
19Ult-Jan.
6.
ll*.
Jan.
Jan.
Jan.
13.
20.
27.
?eb.
Teh.
rob.
Teb.
10.
17.
Sk.
Mar.
Mar.
Mar.
Mar.
Mar.
16.
23.
30.
21,
28,
k.
12,
18,
26,
Dec.
Dec.
Dee.
Dec.
Dec.
9
16
23
30
19Wl-Jan.
6
Jan.
Jan.
Jan.
20
27
Tab.
reb.
Teb.
Teh.
Mar.
Mar.
Mar.
Mar.
Mar.
Apr.
Apr.
Apr.
Apr.
7.
2,
13,
3
10
17
2U
2
9
16
23
30
6
13
20
27
3.
2.
9.
l.'t37.2
l,'t05.5
l.Vk.6
8ll*.3
79.2
71-9
70.7
1*6.8
9,6"1.9
9,8"5.0
10,0""."
10, 2"".
10. ""3.
10,61*8."
701.9
707-8
703.0
700.8
10.852.9
701-3
705-3
802.2
802.1
8O5.I
11.057.7
11,261.1
11, "59."
11,663."
11.863.9
80". 7
12.062.5
12.259.7
80".0
90". 7
901.8
12. '58.
12.1*59.8
906.0
77.3
59.8
1.000.5
1.006.1
1.005.8
12.9"l-8
13,038.0
13.0"6.2
13,057.8
13,05".l
955.1
951-3
928.9
9l«.3
51-9
53-"
71-8
67.8
1,003.1
1,001.2
1,003.7
1,002.8
13,058.9
13,062."
13.059-5
13.06"."
1,002.6
l,00U.7
1,001.3
1,008.7
3}k.S
929-1
927-3
930-5
67.8
75.6
1,005.8
71*.
1,005.3
1,002.3
13.061.5
13.071.5
13,067.5
13.073-8
l,5Wt.0
1,69U.3
1,815.0
1.791-7
1,771-8
1,006.1*
1,011.1*
9''2.5
63.9
63.8
1,000.2
1,005.5
1,011.0
93U.1*
9Ul*.8
60.7
969.0
1*1.9
2.255-5
2.173-7
2.273-5
2,291.5
i.oiu.g
1.000.2
1,017.2
1,016.9
966.7
1*8.1
91*2.8
57."
59-5
66.9
1.1113.9
9t7.6
13.
20.
27.
91
91
91
91
May
May
May
May
k.
11.
18.
25.
91
91
91
91
2,1^9-2
2.551-6
2,3lU.9
1,979.2
1,002.3
1,005.7
1,012.7
1,007.7
930.7
927.8
June
June
June
June
June
1.
91
91
91
91
91
2.151.5
1,007.1*
2,1*50.7
15.
22.
29.
2,095.1
2,116.7
1.976.7
1,035.5
1,016.1
1.001.1
1,009.7
936.3
969.5
951.1
937.1
July
July
July
July
6.
13.
20.
27.
91
91
91
91
1.997-8
1,927-7
1.007.7
1.01U.5
2.028.1*
1.013.1*
2,131.1
1.015.9
8.
8»'.l
9, "39."
12,563.8
12,651.5
12.7"9-0
12,8"6.0
Apr.
Apr.
Apr.
Apr.
6.
80.6
93.5
82-5
Total bills
outstanding
(as of date
shown in
first column]
901.6
907.0
907.8
905."
Data on new issues come from Public Debt Senrlee; amount of
maturing issue and total bills outstanding are on Daily
Treasury Statement haais.
Back Figures; Annual Reports of the Secretary of the Treasury.
Source:
826. ll
Amount of
maturing
issue (as
of date
shown in
first column)
957.7
950.0
9W.3
932-5
95". 5
960.7
959.0
959-5
961-3
>*
5|t-5
78.1
65.8
908.
99". 7
1,001.8
1,00".
1.008.6
1,017.7
1,003.0
1,006.9
1,00".
1,000.8
1.008.1
13.078.3
13, OS".
13.076.3
13.06U.2
13,072.2
13 .080.1
13,075-6
13,092.0
13.100.9
71.6
77-8
71."
75-2
1.002.6
1.00".
1,001.3
1,008.7
13,100,
13,101,
13.113,
13,112,
71.1
66.0
65.1
63.9
55-2
1,006."
1,011."
1.000.2
1.005.5
1,011.0
13.113.0
13.137.1
13.153-1
13.!"8.6
l3.l"7-3
"7.0
1.01".
55-5
5U.0
1,000.2
1.017.2
1,016.9
13,l"0.l
13.15"."
13.150.7
13.1"9.7
5".
Cosmiencing with the offering of Treasury hills dated
May 12, 19"3, tenders for bills in the amount of $100,000
or less from any one bidder hare been accepted in full at
a fixed price of 99.905 per hundred.
Treasury Bulletin
32
Offerings and Maturities of Treasury Bills
-
(Continued)
Table 2.- Prices and Rates of Treasury Bill Offerings
Total bid! accopted
DKte of
latue
iTera^e
prlee
p«r hundred
May 1944
33
Sales of United States Sa -Ings Bonds
Table 1.- Sunmary of Sales and Redemptions, by Series
(In ollllonB of dollare)
Redemptions
Flecal /ear
or month
Amount
outstasdinc
end of
fiscal year
or month 1/
Het change
during
Sales to
investors
other than
commercial
hanks
fiscal year
or month
Sales to
commercial
Accrual
of
redemption
values
Original
purchase
price 2/
hanJcs
All series J/
6S.O
3I0.I
799.6
1.237-7
l,g6g.l
1935
1936
1937
193«
1939
191(0
19'»3
9*.
•^53.5
+1138.0
+630.5
62.6
26U.0
512.6
1*87.5
6gl*.5
.5
If
i
U,3iU.o
10,188.2
21.256.2
+1.036.6
l.it09.3
+5.87U.2
+11,068.0
5.99'*.l
1,1*92
5.99l*.l
11,788.7
11.788.7
2.
19U1
I9l«
*62.0
+25't.l
i
1,108.7
1,1*92.1*
*/
1.2
7.2
17.1
28.0
1*2.1
65.0
87.5
127.6
19.267.0
+1.376.3
1,1*69.7
1,1*69.7
Mv
20.507.'*
Jim*
21.256.2
+1.2U0.'*
+71*8.8
1.335.0
875.5
1.335.0
875.5
11*.
22.030.2
22.693.5
+771*.
889.7
+663.3
801.
22.6
13.6
13.6
13.1
19'»3-Aprll
9.1*
9.U
1*
2U,lt7g.U
+1,781*.
1.926.6
889.7
801.7
1,926.6
Ootoher..
HoTevher.
Decaabar..
26.056.0
26,697.0
27.362.8
1.577.6
1,708.2
798.1
853.0
1,708.2
798.1
853.0
19't't-Jannaiy...
28,901.0
3X.515.2
31.973.8
1.538.2
2.61U.2
1,698.1*
1,505.1*
Tebruary.
March
+1*58.6
2,781.5
709.1
2,700.9
705.0
193.0
80.6
U.l
27.7
17.5
17.6
April
32.U96.8
+523.0
738.5
737.0
1.5
21.6
Jttly
Aueuat. ..
Septemher
.
+61*1.0
665.8
13. >*
19.6
11.2
36.2
66.6
82.0
Treasury Bulletin
3^
Sales of United States Savings Bonds
Table
K-
-
(Continued)
Sunmary of Sales and Redemptions* by Series
(In
(Continued)
-
BlllloM of dollure)
Redemptions
Tiecal year
or month
Abo ant
out St an dine
end of
flBcal 7«ar
or month 1/
Net chan^
during
fiscal year
or vonth
Total
Sales to
Invettors
other than
commercial
banks
Sales to
commercial
hanks
Accrual
of
redemption
Talus
Original
parehase
price 2/
laiUt 1
203.1
3,670.8
11,286.6
IS"*!.
19*3.
19>t3-lprll.
May...
Jane.
July
inmost.
.
.
Ootot«r.
.
«203.1
*3.'t67.7
+7,615.8
203.1
3.526.3
8.271.3
203.1
3.526.3
8.271.3
1.5
33.1
1,006.8
995.2
696.2
1.006.8
995.2
696.2
i-x
6.5
9.796.0
10,709.0
11,286.6
*9a2.i
11.857.8
12.390.6
13,660.0
+571.1
+532.8
+1,269.5
682.9
661.2
682.9
661.2
i.Hoo.a
lU,881.6
1,221.5
6.lt
+523.1
+552.5
1,3*0.1
665.3
727.6
1.31*0.1
I5,'t0k.7
665.3
727.6
7.5
11.2
12.7
9.1
9.7
IH.S
913.0
*577.6
D«ciBber,.
15,957.2
Naroh
16,891.0
18,8Hl.7
19. 185.8
+933.8
Tmbraarj,
kflW
19.592.8
<)«)7.0
i,ogi«.6
i,og>i.6
2.102.3
575.8
2,102.3
575.8
605.7
605.7
8.>>
5.6
6.1
60.0
Interest
accmed
2/
May 1944
35
Sales of United States Savings Bonds
-
(C!ontlnuedl
Table 2.- Total Sales by Series, Classified by Denominations
Salee la millions of dollars at Issue price
Mecal year
or month
Denomination
Total
all
denomlnatlone
Percentage distribution of sales
$25
$50
$100
$500
$5,000
$10,000
lU.i*
Ui.U
1*0.7
93.1*
203.1
13.3
3U1.5
615.6
812.7
636.9 1.119.5
3.526-3
8.271.3 2,988.2 1,081.0 1.713.8 1.007-3 1.1*81.0
I9U1 1/
191*2
19^3
19l«3-Aprll
M>7
June
Denomination
Total
all
$1,000
denominations
$25
$50
$100
100.0
100.0
100.0
7.1
17-5
36.1
6.5
9-7
13-1
20.1*
20.0
18.1
12.2
1*6.0
23.0
20.7
30.1
32.6
1*3.0
11.7
12-7
1U.8
20.9
21.5
19.1
lU.S
13.9
9-6
22.5
19-3
13-5
18.
9.9
9.1
15.8
ll*.2
18.
$500
$1,000
$5,000
31.7
17.9
1,006.8
303.1
118.2
210.7
ll*8.7
995. 2
696. 2
32"*. 6
126.
211*. 2
299.3
102.9
133-2
138-5
66.9
226.1
191.6
93.8
100.0
100.0
100.0
682.
661.
290.3
290.8
376.5
99.2
102.1
158.8
129.2
125.6
67.2
60-1
220-5
96.9
82.6
30U.I
100.0
100.0
100.0
1*2.5
M*.o
26.9
I5-I*
19.0
11.3
2'*-3
173-7
108.3
331*.
190.3
54.2
21*6.9
11*0.1
60 .u
81.0
13.0
16-3
16.1
25.0
19-1
19.3
lU.2
8.1
117.1*
100.0
100.0
100.0
29.1*
127.3
8.3
U.l
a*.
ZUl.l
31.6
26.1
1*3.6
1*7.6
13.0
11.8
17.9
20.7
1*85.3
100.0
100.0
100.0
21.7
12.5
lU.g
5.2
22.2
23.1
7.6
100.0
1*8.1
17.6
17.7
6.7
9-9
1.3
3.1
6.3
19.8
18.1*
i*.5
28.1*
21.1
3-3
5."*
27.7
22.1*
2-3
26.8
32.2
31.9
2U.I*
July
August.
September,
1.1*00.
October.
November.
December.
I.3UO.I
665.3
727.6
39't.3
.081*.
31*2.9
51*8.9
II1O.8
2l*7.5
271*.
102.9
508.7
125.3
135.2
312.0
29.7
605.7
291.3
106.7
107.6
1*0.3
59.9
66.7
U3U.9
757-9
.9
1.3
19-6
2.0
27.5
1*.0
2l*.g
1*0.6
13.2
123.6
210.1
12.3
91-7
170.2
38.3
171.1
308.3
100.0
100.0
100.0
109.5
85-9
35-1
3.'*
U.9
5.6
2.2
29.3
27.7
26.8
20.5
9.0
U5.6
27-9
10.9
100.0
100.0
100.0
u.o
U.2
t.5
6.6
6.3
July
August
September.
37-6
28.1
139.0
1.3
1.1
3.7
2.3
9.0
6.5
36.2
12.7
8.5
100.0
100.0
100.0
3-t
3.9
2.7
6.2
7.2
32.2
1*1*.
5.1*
33.3
23.8
23.0
26.0
October.
KoTember.
December.
93-1
3.9
1.3
1.3
6.1*
U,2
5.3
5.2
6.8
7.8
7.5
33.0
37-1
35-2
21.0
21.0
21.0
2.6
lU.l
.
.
.
.
igUU- January...
February
March
.
Aprl 1
19U1 1/
igUa 2/
191*3
19U3-Aprll
May
June
.
.
.
.
igWt -January...
February.
March
April
,102.3
575-8
1.5
23.1*
2l*.l
126.8
.1*
157.1*
1.1
22.9
.3
2.0
'.7
1.1
2.0
7.5
2,032.1
2.759-5
U.g
50.9
gl.5
11.0
11.0
72.1*
11.2
12.1
9.8
1*6.2
1.8
1.8
30.7
8.7
8.5
3.3
7.1
1.5
17.8
33-6
6.6
17.7
28-3
6.1
100.0
21*.
10.9
31*.
23.9
25.6
l*.5
85.6
82.5
8.9
100.0
100.0
100.0
1-5
1.6
3.0
5-0
28.8
13.9
18.0
19.6
3.9
6.9
100,0
l.U
l*.6
6.2
31.5
20.1*
22U.3
71.8
Uo6.2
883.8
526.3 1.157.3
100.0
100.0
100.0
1.2
2.5
3.0
2.8
5.6
6.g
20.9
578.1
8O5.7
29.2
18.2
20.0
19.1
27-3
2U.9
12.2
113-7
91 .U
50.1
73.9
51.3
30.5
127.6
75-2
U6.2
100.0
100.0
100.0
3.1
u.u
3.5
7.7
9.8
8.5
32.2
36.0
3U.g
20.9
20.2
21.2
lU.g
10.5
38.7
62.9
U2.5
1U9.9
36-3
23-5
85-8
U9.6
100.0
100.0
100.0
3.3
u.l
U.5
8.7
9.3
10.0
37.2
37.8
38.7
21.5
20.9
22.1
30.3
11.1
10.0
107 .U
UU.3
68.2
26.9
100.0
100.0
100.0
5.5
U.3
U.7
11.0
10.1
9.9
39.1
U0.5
39.5
19.6
19.1
uo.o
5U.0
20.9
19.7
285.U
232.
37.6
100.0
100.0
100.0
2.3
3.7
3.6
5.7
8.2
8.6
20.5
27.7
3U.7
12.9
15.8
19.0
36.0
100.0
3.5
9.1
36.5
19.2
82.1*
1*.°
5.0
19l*3-Aprll.
353-1*
Mv-.-
253.9
June.
11*1*.
5-1
July
August ....
Sept ember
169.2
5.6
112.1*
i*.6
387.1*
17-3
October.
November
December.
271*. 9
15.0
109.1*
101.1*
i«.7
IjllU-jazmary.
1*86.9
February
March
521-7
110.3
11.0
19-5
u.o
28.0
U2.5
9.5
99.8
IUU.6
38.3
62.8
82.7
20.9
Murll.
113.5
U.O
10.3
'•1.5
21.8
1*.8
1*5.2
100.
11.2
113.0
188.7
19.5
1*5-6
12.5
21.7
31.7
6.5
7.2
19.3
391*. 6
19'H 1/.
I9U2
I9U3....
303.0
328.7
31*0.1
Dally Treasury Statements; (2) Figures by de(1) Total salee:
nominations are estimated on the basis of reports received by the
Treasury
100.0
31.3
95.6
28.
i^
1.3
l.U
.3
-7
$10,000
21.
28.
19.
^onds commenced May 1, 19'*!.S&les of Sarlee E ?, and
Solo of $^5 denom .natlon Series 7 bonds began In January igUa,
Treasury Bulletin
36
Sales of United States Savings Bonds
(Continued)
-
Table 3.- Sales, by Series, to Investors Other than Commercial Banks, Classified by States
PART A - SERISS E
(In thousands of dollars at Issue prices)
Fiscal year
Alabama
Arizona
Arkansas
California
Colorado
Connecticut
I9U3
19U2
I9U3
Apr.
28,996
10.313
91,272
11.106
3.760
5.7U3
6.191
2,233
3.609
6.395
2.1*50
3. 1131
2. 171*
52,76U
13,522
3.976
7.729
7.728
21.U0lt
260,592
2U,8U5
638,877
62,132
168,258
75.703
9,101
82,735
7.517
17.866
59.222
113
62,525
It. 911
15,81*3
llt,U73
12,91*1
2,230
9,293
2,236
10,870
1.692
1,521*
12.1*1*5
11,1*01
8,311*
8,01*7
9,609
8,702
12,125
3,863
66.607
10,256
7.1*86
3.1'38
62,606
25.761*
23.975
16,650
23,801
17,815
13-827
27,81*6
Delaware
Diet, of Columbia
Florida
39.565
21,821*
83.11*3
89.1*96
Georgia
35,6U2
9U.52U
Idaho
7,629
9,81*0
27.81*5
282,055
575.056
Indiana
Iowa
Kansas
76,661
69,552
35.310
213,813
176,508
106,190
Kentucky
Louisiana
Maine
3''.
Illinois
Maryland
Massachusetts.
Michigan
293
36. 800
I7.7t6
.
.
1*9.009
11*1.217
July
May
17.171
7.1tlt9
5.231*
8,817
2,092
3.675
61.392
U.I36
12.105
88.1*00
I23,72lt
56,01*9
11,300
21.500
12,U27
26,163
5,02s
13,300
1.596
8,856
8,268
3.500
1,563
10,1*00
13,000
3.155
17.113
18. 361
7,53lt
IU.9OO
18.81*9
1,751
7,670
I.7U9
l.lt97
i*.500
1*4,265
1*7.266
1*3.125
77.800
81*.
6,296
909
l*5.it79
17.1*72
12,1*55
7,601*
19,879
13,961*
18. 653
12,1*02
7,602
31*. 900
35.900
20.800
35.666
33.051
7.U35
21.1*97
7,279
7.732
2.710
15.000
18,800
5,500
8.332
16,200
35,600
75.100
52,616
96,003
29.6U5
9,158
31*. 336
7,090
22.315
It,
87,607
910
37.361
13,221*
10,130
6.606
7,282
13.697
12,1*23
7,81*7
193
7,231*
2,871*
108,601*
12.81*7
12.911
10,923
280.091
29.1*51*
30.71*5
21*,
9,186
23.653
39.UU6
91*.
1*. 1*1*8
It.
718
1*81.637
69.1*73
55.513
lto.537
71,181
22,973
9U,800
179,108
52,870
195,868
3U,629
9,376
29,260
21.235
5.503
2U.S31
11.595
Montana
17.710
39.1*32
tJebraska
26.01*5
U,3l*0
72.211
11.U66
8,081
11,382
1,290
3.359
10.913
l,6l?
11,760
160,538
6.975
25.787
303,807
17.28U
2.612
32,038
2,569
2.806
36,902
2.036
587.21*9
1*2,297
11,391*
991,988
113.869
105.581
13.3t5
Hl*,815
3'*,3'»9
6,1*65
2,977
190,262
506.
361*
67,065
10,963
13.055
Nevada
New Hampshire.
New Jersey
New Mexico
.
Sew York
North Carolina.
North Dakota
.
.
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina.
31*, 1*82
37,391*
.
South Dakota
Tennessee
Texas
82,11*3
107,671*
37.538
7.397
2.959
315
15,837
1,726
i*,338
61,066
5,1*22
321
20
91
lU
203
1.1*72
63,62U
3,167
-I5.0U7
90,737
3,526,276 8,271,275
11,850
3.979
52.791
29,9117
18,793
10,570
21,585
21.881*
12,lt27
18,508
7,U1*7
7,015
11*, 1*57
58,283
63.579
36.095
15,538
9.538
7.257
16,501
5,851*
17.1*38
8,060
7,351
2.81U
10,321
12,687
U,76l
26,856
25.213
11.530
5,089
6,896
8.325
7,269
3.595
17,1*27
9.015
1*0,1*69
It0,9lt0
13,575
35.929
52.215
25.983
23.li«7
11.250
21,771
76,51*8
131,1*00
7,289
15,692
33,961
12,095
3.153
15.536
12,0ltl
28,795
9.381
26.617
13.513
18,751
10,170
2,807
52,01*8
12,01*3
2.01*6
2.199
5,281
639
6.505
10 870
10,567
28,807
1.1*08
2,991*
1,689
706
567
2l,ii97
8,957
150,1*61
6,952
1,121*
1*0,
050
2,5^15
5,018
2,012
1,761*
2,656
2U.311*
28,307
311.571
7.195
75.393
1,225
108
8,205
1.651
80,838
8, 166
69,363
7.913
68.902
5,526
1,91*7
1,51*2
63.682
9,518
1*0,61*8
U3,6U1
1*3,561*
5.1178
6,lt39
15.1*73
10,091
9.983
6,385
9.239
10,91*8
1,251
71*.
1,960
7.708
1,336
1,1*65
2,555
65.537
8.138
2.656
8U,6lU
8,968
2,170
121,785
lit, 925
8,635
21*2,271
72,900
15.600
15.600
85,682
18,575
309
6,608
9,283
52,65U
7,672
9,286
60,766
12,867
116.91*2
39.378
28.783
29.055
5,1*02
ll*,l*81
11*7,61*6
92.1*00
2,992
1.089
11.910
3.136
1.100
11,186
12,126
5.500
2,000
17,600
21.738
7,151
19.657
2,392
lit.
319
5.090
12,986
1,107
15,782
15,1*83
22,1*00
5.37lt
lU,gl*7
1,1*08
5.1*9'*
11,890
1,132
9,100
28.500
2,100
557
623
U.ooo
296
526
U88
3.795
383
18
19
1*,1*85
303
15
I7,itit9
32,907
2U.773
-23,796
+27.1*72 +27.1*1*1*
-26,1U1
*3.it95
1,006.786
995.231* 696,213
682,871
13.563
1.025
3,523
521
1,850
16,333
590
62U
3.673
37t
16
It,
158,1*07
2"*, 81*8
601
512
,
3,500
2,231
7.689
25.653
1.031*
5.050
693
135,100
18,200
8,300
3.136
11,008
37,823
I*,
l.'*95
3.571
16.519
6,0lil*
3.572
1,007
600
U,635
8,127
9.051
1.979
50.733
8,666
l,6U3
1*9,899
9.200
16,600
65,200
7,163
25.561
2.511
29.1*1*6
2,800
1.713
7.821
22.33U
18. 630
5, "183
11,237
6,699
1*0,300
6,200
8,800
6U.583
172.650
17.313
23,069
2.211
23.2U6
1.273
't.536
l6j,92l*
1,571*
11,1*19
11,01*9
10,620
1,960
26,5U9
1.350
50,266
3,760
57,962
27.6U2
77,668
7,066
1*,205
1.978
25.391*
lt,55t
Washington
West Virginia
Wisconsin
Wyoming
2,739
9,200
13,300
1,800
51.730
3.763
16, 801*
1,802
8,516
8,067
1,88U
5.728
576
U.015
U,69l*
115,970
3,861*
783
l*,oi6
1,1*91*
182,91*0
17,1*60
1*1,593
2.189
5.S32
53,269
33,2U2
lU,175
1U5.U59
86,635
7.698
19,502
71*8
6.073
9,919
7,550
56,272
56.999
5,121
1^.557
5.699
2,075
2,879
2,361
U.907
6.1*05
1*5,901
8,71*6
ii*,oi7
16,675
3,2lt9
73.336
,
8,1*05
lU.112
3,181*
5.555
6,677
8,361
13.059
30,599
3,822
39.600
lU.lOO
35.100
71*, 71*3
36.73't
11,61*8
10,057
53. 71*8
53.1*01
11,783
7.331
2.012
3.903
12.222
3,252
15,139
626,051
18.782
Utah
Vermont
Virginia
Unallocated
23.3't6
2lt,293
126.056
Canal Zone
Hawaii
Puerto Rico
Virgin Island
Other possessions
2,672
3,51*7
283,782
33.171
100,530
306 265
Alaska
Sept.
Aug.
15,600
5,100
9,800
160,150
Minnesota
Mississippi
Missouri
19W»
500
787
5,738
5U6
37
18,751
9,325
2l*,861*
1*1*.
30,398
11.317
l,l*6i
6,306
102,520
8,l6U
10,170
52,523
3,506
56.156
3.698
76,U95
5.I199
11,19s
1*5,018
2,261*
231
1»,217
6,621
ll*,itl7
2,899
7,212
2,008
7,365
23,792
1,962
7,991
26,190
7.181*
10.099
26,586
105,358
1,589
3.191*
1,01*0
3.522
862
21,11*9
59,78U
8,57U
2,81*1*
I*,
13,782
39,1*87
8,91*1*
20,696
11,01*2
1*,021
1,601*
l,6Ui
7.118
11.835
61*5
23.557
11.090
13.5311
17,862
36,U71
36,oUi
10,005
15.333
23.860
8,760
18.870
1,779
11,280
13,086
1.181
17.085
6,308
13.7U8
1.329
1*5.193
35.52I*
16,958
51,125
5,805
10,129
878
3,9111
5.231*
9lt2
28U
522
3.916
669
67
1*98
651
U.862
322
36
5.9lt6
221
187
-lll*,U7U
23.585
1,51*1
5ltl
312
10
766
U.800
592
1*,1*09
157
538
6,1*62
1,71*6
i*,oo6
7
39
38
598
U
26
135
13
1*65
79
2,1*35
Adjustirient to
Dally Treasury
Statement
Total
11*7,952
661,200 1,1*00.159 1,31*0, lUS 665,293
(Continued on following page)
••22,998
78,51*6
-95.133 +29.09U
727,558 1,081*. 637 2,102,31*5 575,771 605,709
May 1944
37
Sales of United States Savings Bonds
-
(Continued)
Table 3.- Sales, by Series, to Investors Otlier than Commercial Banks, Classified by States
PART B - SERIES F AND
-
(Continued)
COMBINED
(In thousands of dollars at Issue pricss)
Fiscal year
igits
I9U3
191*3
Apr,
May
1,396
909
1,251
1.539
532
1*05
6.700
1,800
851*
779
1,082
51*2
1*,1*00
3,607
772
1,398
23,001
12,196
1,632
3.996
19.915
1*0,200
2lt,96l*
1.1*88
16.099
977
1*,012
6,100
7,100
2,911*
2.575
918
1.133
2.208
1.063
1.595
2.792
1*10
1,1*00
l,Ol*l
I.59I*
5,300
5,800
1,020
2,326
1.961
327
3.170
1,51s
AlabBAa.
Arizona.
13,099
32,007
7,282
't,232
8,1*21
Arlcansas.
13.738
16,578
1,1*50
'*,127
lUo,602
18,302
22l*,ll*5
California.
Colo rado ....
Connecticut
29,71*6
32,1*78
l'.639
81.128
8,196
3.1*85
11,1*96
1,621*
8I6
l*,79l»
22,219
12,326
33.757
36,705
6,973
1*,707
2,651*
17,982
7.339
202,041
37,831
8,031
272,112
7.001
1.731*
Indiana.
Iowa
Kansas.
'•5,123
79.521*
71.1*32
3l*,897
12,ll»l*
Kentucky.
Louisiana.
Maine
2'*.
,755
V. U61
7.769
9.710
20,21*5
Maryland
Maesachaaette.
Michigan
lK),093
5l*.252
lWt,i99
171*. 999
Delaware
Dlat. of Columbia
Florida
Georgia.
Idaho
Illinois.
ll*.l*86
516
21,651
16.570
106.363
Minnesota,
Mississippi.
Missouri
69,692
21,812
81*. 266
1*9,069
.
10,061
68,651
Montana.
10,
6.322
Nebraetca.
,
23,2't7
30,676
.
Nevada
11,910
.
Raw Haopehlre.
New Jersey
New Mexico
'529
952
991*
33.351*
23
July
1*1*0
56l*
.
5,829
1,928
1*23
2,1*1*2
600
11,765
979
3.367
9.257
1.039
2,U62
33.1*08
1*3,51*8
3.709
5.1*06
9.868
1.276
11,1*11
11,1*91*
2,1*59
581
1*22
l,2l*5
1,021
1,701
1,1*15
1,615
U,681
3.580
1,660
5.028
8,317
1,108
1,868
2,325
292
10,535
1,916
282
5,232
3.509
1,012
25.797
3.723
1,301
1.230
1*7,1*07
13.51*2
ll»,013
3.71*0
5.51*1
887
1*01
3.379
3.360
1,076
11,700
13,800
7,100
9.593
26' 41*3
l*.311
1,61*1
l*,79l*
3.002
1,596
1,560
1.380
8.766
10,030
5.286
2,880
2,533
592
1,91*1
2.969
2.352
829
8.117
1,330
950
7,900
9,600
2,100
3.11*0
2,1*70
1,1*31
i,o6U
1,099
897
lt.129
l'.369
3,025
^.575
5.110
1,91*0
8,900
2,612
6,622
290
ll*,lt00
3,626
16,357
11,^92
7,551*
1*,300
2,762
5,573
3,362
7,325
31,252
11,217
7,306
1.399
'
91*1
6:1
2,286
2,267
10,550
660
3.539
51*6
3. 301*
11.952
3,625
2.71*6
12,896
13,11*1*
U,970
299
928
80
2,108
l*.179
2,112
8,177
518
79c
356
2,153
190
3,111
12,607
3.509
19,326
1,267
i».173
3.11*3
2.1*19
1.785
1,032
7.21*1*
1*,209
2,638
217
19,255
17,772
7.1*89
7.731*
5.090
10,922
5,199
7,599
1.351
7.225
3. alio
8l*5
3.699
1,093
5.11*0
5,1*80
ll*,572
3.399
755
2,1*31*
6,129
5.031
2.290
I.76I*
lit,
1*,222
1.095
370
385
22l*
2.7'*9
l,6Ul
7,031*
666
2U9
1*1*3
10,068
1,801*
1*.327
912
31*9
1*,1*82
1*,995
Sept,
15.256
6,819
6,610
3.607
10,807
Aug.
6,700
1,300
30,700
2,588
3,955
1*67
1*35
1*33
1*,268
1.570
182
2.1*3?
20,800
It,
12,1*00
1,81*7
515
3.615
•
5,900
13,1*00
1*,390
1,011
28,521*
15.1*71
I9I*
8.370
1,818
6.557
6,210
3,706
1.697
1.268
8,378
25,356
2,335
5.198
1,781
20,21*9
61*7
177
1,120
228
3,100
6,100
900
1,11*7
l*.357
1,058
198
69
1*75
779
6.1*23
1*.817
1,710
12.662
771*
559
5.099
158
l*.055
360
900
16,800
1,200
loU
51*8
18,971
1,526
75.000
9,000
1*8,351*
16.735
17.921*
1,532
2,1*00
'X
19.585
1.580
511
3.093
1,575
96,018
5.911
1*9U
68,129
6,050
1,926
2.751*
''77
10,528
1,231
1.555
13,100
1,718
1.589
8. 166
3l*,3oo
16,802
880
5.100
6,000
3,261*
1.1*23
28,030
3.195
26,711
3.771
1,551*
2,723
8,935
851
955
8.1*32
1,026
'*,173
1*,302
8.565
722
1,005
2,300
l't.132
"0,1*114
2. 3^9
'1*, 1*1*1
1*1*9
1*37
ll*,l*03
1,061
15.316
999
8l*3
71*7
10,U92
6.55I*
S67
285
592
1*3,532
1*,221
28,U66
2,226
28,753
2.651
1,168
w*
11,090
93.399
igitu
181*
391
1*26
521*
9,031*
118,761
7,025
New Tork
North Carolina.
North Dakota...
580, U33
627,986
7.515
10,937
82,836
7.171
1.387
Ohio
Oklahoma.
Oregon.
119,098
16,587
22,095
203 827
1*1,291*
8,1*1*6
25.095
32,892
3.876
3.805
2,6S9
3.791
21*3,285
28,
9.1*59
297,1*30
705
21,728
2.213
2.209
15.71*3
17.123
800
1,359
10,335
1,362
696
1*6,300
23,181*
2,1*50
10,233
1.078
10,21*0
7.893
2,105
1,031*
72l*
3.337
3.298
1,1*76
1*,200
31,108
3,036
3,oU6
1*3,976
1,1*78
5,077
1,693
3.860
511*
311*
1.350
2.271
1.556
2.850
1,831*
71*5
6,01*8
529
1.352
3,955
13.201
23,21*2
3.1*89
280
287
273
2.957
1.277
1.368
7.200
1.032
198
255
1.267
9.321*
26,071*
.
Pennaylvajiia. .
Rhode Island...
.
South Dakota.
Tennessee.
Teras
.
.
Washington.
West Virginia.
Wisconsin
Wyoming
.
.
2,791*
21,712
3. 321*
10,1*16
I.1U6
39U
607
302
2,1*00
7,300
26,500
1.358
18,1*81
39,11*0
1,1*20
2,i*6l
110,993
21,676
9,533
5.172
2,770
6.133
1,51*1
196
5,019
7.1*71*
31*7
61*1*
1*1*8
1.900
5,81*2
7,501*
653
709
5,263
608
309
3.11*0
520
1.925
500
2,960
53.701
'*9,753
7,139
6,11*1*
2,928
3.15I*
2,0l*7
81*3
1,281*
1,051*
13,019
702
1.367
8,996
1,117
7.269
2.203
i*,863
5.1*92
3.1*92
11*..000
11,91*7
3,1*92
3. 611*
9.521*
2,668
16,799
3.690
17,905
86,336
6,010
2.291
698
235
315
198
800
716
291
11*5
569
1,1*57
736
1.297
118
325
922
152
303
1.356
156
65
135
Bl*
11*1
195
l^
72
55
2l*6
32I*
1.050
236
51
569
197
50I*
l,8l*3
17.367
3,010
507
28
28
Unallocated
'*.768
5,181
2U5
220
+1*8,012
+2.1*29
179.277
Source
.
It,
25,898
11,780
5.882
U72
26
Total.
lO.lOl*
656
28,011*
Canal Zone
Hawaii
Puerto Rico
Virgin Islands.
Other possession
Adjustment to
Daily Treasury
Statement
3.1*36
1*27
1,588
668
8,095
1*2,205
Alaska
1*1*,
30,1*21*
3,1*56
8,51*6
51*,
ntah
Vennont
Virginia.
65I*
,
OW
South Carolina.
.
1*1*,
86
2,271
157
2,297
11,000
300
6,017
1,638
1.831
985
2.130
1
100
263
100
2/
1*1*
3li2
11,100
651
1,191
3.119
1
+2,259
*20,381
51.672
2,1*67,031
3,517.351*
1*62,938
339.751
1*09
666
2,790
180
U06
161*
1
31
122
l*U
1.157
U7U
99
70
27
18
13
1.61*5
7,588
112
99
2,08l*
1*1*7
119
930
2.065
866
3.625
U16
181
I5U
83
1.U6U
10
100
13
300
+9,1*11*
+1*,621
-12,267
+20,361*
-701
+9,100
-ll*,255
+18,300
-2,123
206,820
ll*0,529
526,396
368,001
132,853
125.1*59
1*20,728
598,570
129.230
38
Commencing January 1, 19l*l*. commercial hanks holding savings deposits
were permitted to purchase limited ajsounta of Series T and 3 bonds.
Such purchases have been ellJDlDated from the above table. Tor amounts
of and liaitations on such purchases, see Table 1.
Dally Treasury Statements; (2} Sales by States:
Re(1) Total sales:
p
ports of gross sales.
2/
*
1/
37
Prellainary.
Less than $500.
Oballocated amounts for prior Bonths Includsd chiefly sales to the a:
forces.
Beginning in September I3U3 these salss are allocated on a
State basis.
Included in "Unallocated".
Treasury Bulletin
3«
Participation in Payroll Savings Plane For War Savings Bonds
-i/
Table 1.- Number of Firms and Number of Persons Participating in Payroll Savings Plans
May 1944
39
^
Sales of Treasury Savings Notes
Table 1*- Sununary of Sales and Redenptlons* by Series
(Par Talu«8 - la nllllOQt of dollara)
Redemption! and exchangee
Flaoal year
or aoath
Aaooat
ontitandln^
and of
flaoal y«ar
or month
Net chaag«
dnrla^
fiscal jear
or Donth
Sale*
BecelTed
Total
2/
191*2
3.01"*.^
191*3
7,'t95.'i
1943-Aprll
May
June
1T82.5
,162.9
,0lU.5
*I ,'•80.9
't.138.9
l,'t36.9
1,632,
'82,
8,758.5
In payment
of taxee
Redeemed
for cash
1,12U.1»
'',277.6
1,103.7
U.ogU.U
20.7
11U.9
196.0
101.8
1.135.6
176.6
97.0
1,119.8
Vs
231.5
127.1
21U.U
99.2
1,111.9
17.1
27.9
36.0
181.6
121.9
1,068.3
22.6
1.139.
312.
190.
275.'!
lltU.7
,'•95.4
+380.
-667.5
July
iugaat
September
,677.9
,76U.3
,876.U
+182.;
+86.5
+1,112.1
October.
November.
December.
9.132.9
9,301.9
8,599.3
+256,
+169,
-702,
9.502.9
10.329.4
9,169.7
+903.7
+826.5
-1.159.6
1.215.1
1,017.1
238.1
1.397.8
9,136.2
-33.6
299.7
333.3
293.8
72.2
17.U
122.8
16.6
.8
uU.o
8.7
11.1
-.9
38.3
2.2
2.2
2.0
3.0
.
.
19ltU- January.
Tebruary.
March
April
1(68.
UlU,
213.
2,260.0
lt6o.7
330.2
436.8
l,l'»7.9
20U,
161,
1,31*.
behan^d
for
nav eerlei
68.3
15.8
39.3
71.2
37.1
'•5.9
52.9
39.5
Serleo A }J
54.
+51*.
266.7
+211.9
33lt.7
29U.9
302.7
266,7
+9.5
+7.8
-35.9
21.8
7.8
12.3
'».5
Uo.U
251.2
21(7.6
-15.5
-3.7
15.5
3.7
September
207.3
-1(0.2
1(0.2
13.3
1.7
37.2
October.
November.
December.
200.2
198.3
168.7
-7.2
-1.9
-29.6
7.2
1.9
29.6
6.2
1.1
27.8
1.0
igWl-January.
?ebruary.
Harch
160.2
156.7
137.2
-8.5
-3.5
-19.5
8.5
3.5
19.5
6.8
2.2
17.9
1.7
1.3
1.6
125.2
-12.0
12.0
11.0
1,107.0
3.072.1
1,087.1
2,9:3.3
19.9
70.6
19U2
1943
1943-Aprll
Hay
June
July
Au^et
.
.
April
1.2
.8
.8
1.8
Serial B Uy
2,959.7
764.8
19U2
19lt3
+a,959.7
-2,195.0
4.060.7
877.1
1,395.
1,349.
764,
-93.4
-45.4
-584.9
93.4
45.4
584.9
87.3
43.2
584.0
6.1
2.2
July
An^uat
September
711.
687,
-53.7
-23.2
-339.3
53.7
23.2
339.3
52.7
20.9
336.3
1.0
2.3
2.9
October.
HoTamber.
Oacambar.
3a.
-27.2
-l4.8
-178.0
27.2
l4.8
178.0
25.6
l4.o
171.6
1.6
109.7
101.3
48.1
-in
i:2
-53.2
53.2
14.3
9.6
51.5
4.6
-1.2
1.7
39.7
-8.4
8.4
7.9
.5
19l(3-Aprll
May
June
,
.
19l(l(-Jannary.
Tebruary.
March
April
348.6
306.6
128.6
(Continued on follovln^ pae*)
.9
.8
6.4
.1
Treasury Balletin
40
Sale^ of Treasury Savings Notes^
-
(Continued)
Table !•- Summary of Sales and Redemptions, by Series
(par valuea- in
-
(Continued)
llllone of dollars)
HadmiptlonB and exchangee
Amoctut
nscal year
or Bonth
out B tan ding
•nd of
fiscal year
or month
Net change
during
fiscal 7«ar
or month
BecelTed
Se deemed
In pagrment
of taxes
for cash
Exchanged
for
nev series
2/
Series
^
e.ltgit.O
*e,ueu.o
7.5U6.7
1.082.7
l,0't7.2
35.6
6,092.6
6,510.6
1,611.1
12.2
U63.6
90.3
56.5
510.2
78.2
5^.7
6,i*6U.o
+1,520.8
+418.0
-U6.6
'>97.5
12.8
July
August ....
Septemhar.
6.715.7
6,K28.9
8.320.5
+251.7
+113.2
UlU.o
213.5
2.260.0
162.3
100.2
768.U
lUS.U
76.6
+1,1*91.6
13.9
23.7
30.0
October.
HoTonher.
December.
8,611.3
8.797.0
8,302.0
+290.8
+185.8
-^95.0
';S0.7
330.2
U36.8
iu5!u
931.8
106.7
868.9
9,233.0
10,071.
+931.0
+838.
-1,086.9
1,216.1
1,017.1
238.1
285.1
178.7
1.325.0
25'*. 3
30.9
132.9
1,275.5
'(5.8
'19.6
299.7
312.9
27U.9
38.1
19^3
igl43-Aprll.
May...
Jane.
19ltU-January.
February.
March.
.
April.
Source:
•
1/
2/
jy
.
8, 98"*.
8.971.3
-13.2-
Bally Treasury Statements.
Less than $50,000.
These notes were originally designed to help taxpayers set
aside funds with which to pay taxes and were known as Treasury
Series A notes were designed for the small
tax savings notes.
and moderate taxpayer: series B and series C notes were Intended for the large taxpayer. When the collection of taxes
through withholding at the source commenced, the need for
series A tax savings notes disappeared and their sale was discontinued. Hedeoptlon provisions on series A notes were relaxed to provide for the payment of Interest on notes thereafter redeemed for cash (see footnote J/). Sale of series
notes, which were designed for the Investment of Idle cash
reserves as well as for the accumulation of tax reserves, was
continued and the notes were designated Treasury savings notes.
Includes matured Treasury savings no tee.
Serlee A notes, which were sold from August 1, 19'H through
June 22, 19't3, yield approximately 1.92 percent per annum.
Through June 22, 19'+3, the notes could be redeemed for cash
only at the original purchase price; since that date, the
notes have been redeemed for cash at the tax payment value
''7U.5
y
5/
738.'t
1^33
1.8
20.0
37.7
62.9
(See also footnote 1/.)
current at the time of presentation,
Prior to October U, 19'*3. the maximum amount which could be
used In payment of each class of tax (Income, estate, or gift)
by each taxpayer during each taxable year was limited to
$5,000 par value; this limitation was removed as of that date.
Series B notes were sold from August 1, 19''1 through September
The
12, 19^*2, to yield approximately .Us percent per annum.
amount idilch may be turned In on taxes is unlimited. The
notes may be redeemed for cash only at the original purchase
price.
Interest
Series
notes went on sale September ll*, 19''2.
accrues each month on a graduated scale (see "Treasury Bulletin" for Auguet 19'*3, page U) to yield approximately 1.07
percent per annum If held to maturity. These notes may be
used In payment of Federal taxes at any tljne two months after
the date of Issue. The amount which may be turned In on taxes
The notes may be redeemed for cash six months
Is unlimited.
after the date of Issue at the tax payment value current at
the time of presentation. Prior to July 27, 19't3. notice of
See also footnote 1^/,
30 days was required for cash redemption.
May 1944
ki
Sales of Treasury Savings Notes
-
(Continued)
Table 2.- Sales of Series C Notes, Classified by Denomination-^
Fiscal year
or moath
Treasury Bulletin
^2
Sales of United States Savings Stamps
Table 1*- Summary of Sales and Redemptions
(In thousands of dollars)
Percental dlatrlbutlon
Bedemptlona
Amount
outstandlof
end of
fiscal year
or month if
Fiscal year
or month
19U2
I'^n?^}
[Aug. igiti-juno
ise.siti
igUs.
19U3
19'«3-Aprll.
May...
June.
Jaly
during
fiscal year
or month 1/
Sales
1/
2/
100.0
100.0
100:0
100.0
943
590.268 1/
5'A,647
ll27,948
474,168
43,018
43,267
64,104
37.501
37.530
54.391
5.517
5.737
9.714
100.0
100.0
100.0
87.2
86.7
gU.8
12.8
13.3
15.2
36,845
32,430
31.306
31.371
27.427
27,098
5.'»7t
100.0
100.0
100.0
85.1
5,004
4,207
84.6
86.6
14.0
19.4
6,202
6,548
9,04o
100.0
100.0
100.0
84.1
81.3
78.9
15-9
18.7
21.1
213.350
45,620
227,989
22U,771
213.350
+1.774 1/
-3.218
-11,421
6/ 1/
44,791
40,048
52.683
'
I
18,4685/
70,4805/
1
87.4
12.65/
87.1
12.9 5/
-6.075
-3.117
-2,705
30.770
29.313
28,600
+41273
+649
35.462
39.565
43.585
38,973
35.091
42,937
32.771
28,543
33.896
35,610
39.322
44,784
30.027
33.625
35.784
5.582
5.698
9.000
100.0
100.0
100.0
Sk.J
85.5
T9.9
15.7
14.5
20.1
35.13'*
28.261
6,873
100.0
so.u
19.6
1,84a
-4.329
-^.755
37.451
34,993
4o,029
196,401*
582
35.717
^
Cash
aTlQ^s
147.574
204,906
200.577
195.821
2/
Sxchanged for
Uolted Statae
6,087
igUU-Jaauary..
February.
Mar oh
1/
Total
308.621
197. 942
202. U15
203,061*
April.
Cash
*5.1'*3
September.
06)
Exchanged for
United States
savings
bonds 2/
i-l6l,04g
October.
RoTember
December.
.. ..
Total
1/
207.275
204,158
201,453
Au^rust
of redemptions
Net change
Dally Treasury Statement b conmenoing Ncnrember 1, 19^3; prior
thereto. Poet Office Department.
Flgores for periods prior to November 1, 19^2 are not strictly
comparable with subsequent data because of the shift to a Sally
Treasury Statement basis.
Stamps sold prior to October 1, 19U2
were known as postal savings stamps and were obligations of the
Postal Savings System but subsequently beoame public debt obllgat 1 one
Sstlmated on the baeis of samples conducted by the Post Office
Department
Sales and redemptions commence with Magr 1, 19^1 when the special
5/
13. "•
defease series of stsnps went on sale. l%e sDonnt of the old series of
postal savings stamps outstanding on April 30, 19^1 vas SI5O thousands.
Details not available for May. June, and July 1941.
Includes minor amonnts which were exchanged for postal savings certificates. These aggregated S123 thousands for the period August 1, 1941
through June 30, 1942 and $55 thousands for the period July 1, 1942
throu^ October 31, 1942.
See footnote l/.
Net of sales less redemptions.
Does not Include amounts transferred from Postal Savings System to the
Treasury to cover outstanding stamps.
Table 2.- Sales, Classified by Denomination
Percentage distribution of sales
Sales In thousands of dollars
fiscal year
or aoath
Denomination
Total
all
all
«5-oo
denoalaattons
10^
1.130
31.583
71.693
854
13.250
26,o4g
100.0
100.0
100.0
a.
21.4
4,942
6.803
1.665
1.429
2.151
100.0
100.0
100.0
25.2
24.2
20.0
6.564
15.783
15.361
15.053
2,990
2.803
2,410
4,425
4,190
3.382
2,110
1.550
1,192
100.0
100.0
100.0
39.565
43.585
9.106
10,443
11.235
17,494
20,330
22,129
2,556
2,987
3.187
3.599
4.446
5.038
2,708
1,359
1.997
37.451
34.993
40,029
11.150
10,511
11,174
19.072
17.799
20,227
2.541
2.363
3.132
3.'*85
3.371
4.167
35.717
9,458
18,187
2,768
4.120
daUBlUtlOBS
10^
6,087
308,621
590.268
400
67.466
126,327
2,691
167.709
313.691
1.012
28.614
52,508
11,284
9.704
10.531
23.164
20.983
28.257
3.59't
June.
44,791
40,048
52.683
July
August ....
September.
30.770
29.313
28,600
5.462
October..
November.
December.
35.'»62
19U4- January..
J^bruaiy.
March
1941.
1942.
1943.
19'*3-Aprll.
May...
April.
Souroet
DenomlaatlOB
Total
5.4M
25<!
50^
Dally Treasury Statements commencing
(1) Total sales:
HoTember 1, 19'^2; prior thereto post Office Department;
Baaed upon Post Office
(2) Distribution by denominations:
DepartQent data.
»1.00
15.00
50^
11.00
44.2
16.
9.3
53.1
8.9
18.6
10.2
12.3
51-7
52.4
8.0
8.4
53-6
9.1*
11.4
11.4
12.9
17-7
18.4
23.0
51.3
52.4
52.6
1:1
8.4
14.4
IU.3
11.8
100.0
100.0
100.0
25-7
26.4
25.8
49.3
50.8
7.2
7.6
7.3
10.2
11.2
11.5
i:l
1.203
950
1.330
100.0
100.0
100.0
29.8
30.0
27.9
50.9
50.9
50.6
6.8
6.3
7.8
9.5
10.4
3.1
2.7
3.3
1.183
100.0
26.5
50.9
7.8
11-5
3-3
6.6
25(<
51 .u
l4.0
'i
6.9
1:1
7.6
May 1944
'^3
OWNERSHIP
OF
GOVERNMENT
SECURITIES
May 1944
^5
Estimated Ownership of Interest-Bearing Securities Issued or Guaranteed by the United States Government
(Par values l/
-
In 'blllionB of dollara)
Treasury Balleth
46
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, March 31, 1944
The tables which follow present data from the Treasury survey of the
ownership of securities Issued or guaranteed by the United States.
The large
oommerolal and savings banks and Insurance companies covered In the survey
account for approximately 95 percent of the holdings of United States Government and Oovernment-guaranteed securities held by all banks and Insurance companies In the United States.
On pages 46-51, there is presented the summary data from the Treasury
In this survey, the eub-claaslflcatlon of banks
survey as of March 31, 1944.
has been revised to consist of the following:
commercial banks, stock savings
banks, and mutual savings banks.
This reclassification has been made retroactive to November 30, 1943 and the revised figures are presented on pages 52-57.
Information on ownership by member and nonraember comnerclal banks of
securities Iscued or guaranteed by the United States, as of December 31, I943
may be found on pages 5S-63. The data on member commercial banks Is subdivided
into New York and Chicago banks, Reserve City banks, and country banks.
Table
I.
AnalysiB of Ownership by Type of Security, by Call Classes,
And by Tax-Exemption Provisions
PART A
-
FAR VAI.U£3 IN MILLIONS OF DOLLARS
Public marketable interest-bearing Becurltlea 1/
Held by banks and insurance companies
covered in Treasury survey
Held by
»
U.
7.061 banks
ClasBlf Icatlon
Total
aiDOunt
Total
out7.815
standing
Institutions
1
.
73U insurance coomanles
6.502
cotinisr-
cial
30
Block mutual
saTlngB eaTln^i
bank!
banks
Total
5U5
fire,
209
life
casualty,
Insurance and marine
companies insurance
companies
S.
Government
agencies
and trust
funds, and
Federal
Reserve
Banks 2/
Held by
all
other
investors
By type of eecurlty
Securities issued by United States
Treaeury bills
I3.H.7
U.62U
U.606
Certificates of Indebtedness
25,680
13.593
12,918
Treasury notes
16.2U1*
11.939
11.389
13
2l*U
293
Treasory bonds
72.813
50.259
29,123
23't
6,199
l'«.70lt
196
16
15
1
8U
70
11*
15.577
13. 'W7
2.170
16,165
31.898
Other bonds
Guaranteed
is--
2/-
Total.
26
163
1.5Wt
1.130
1.032
129.623
81,561
59.08U
27't
6,626
10
1
9
6,5110
1.983
't«5
235
250
3.0U3
9,01*1*
1U5
l'*7
1.233
3.072
12.956
1,71*9
5,308
17.2U5
1
31*
11*6
1108
II. By call classes
IXie
or first becoming callable
Within
1
1
year
U6.586
to 5 years
22.766
21.783
29
238
715
36U
351
10,206
13.615
17,82U
15.678
20
608
1,518
1.089
1*29
703
3.967
5 to 10 years
30,015
22.963
17.326
59
2.299
3.279
2.638
6U1
1*10
5.6U2
10 to 15 years
10,U3lt
6.55U
2.727
100
l.'t78
2.21*9
1,830
1*18
756
3,12U
U.U20
680
26
728
2.986
2.799
187
580
1.1*85
12.588
7,01't
682
Ul
1.271*
'*.817
'*.67U
11*3
509
i*,o65
23
20
7
1
12
12
1
1
129.623
81. 561
59.0gii
6.626
15.577
13. 'W7
16,165
31.898
1,3'A
252
231
15 to 20 years
Over 20 years
Federal Housing Admlnistratl a debentures
271*
2,170
III. By tax-exemption provisions
Vholly exempt from Pederal income
taxes U/
92
Partially exempt from Federal income
taxes
^
2U,6U9
17.025
13.336
115
559
3.015
1.990
1.025
2,Ull
5.213
Subject to Federal income taxes
103,631
6U,2gl*
'•5.517
159
6.067
12.51*1
ll.UlU
1.127
13.663
25,685
Total.
129.623
81,561
59.0SU
27't
6.626
15.577
13,1*07
2,170
16,165
31,898
(Continued on following page)
May 1944
"t?
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, March 31, 1944 - (Continued)
Table I.- Analysis of Ownership by Type of Security, by Call Classes,
and by Tax-Exempt ion Provisions - (Continued)
FART B - PERCENTAOE OISTRIBUTIOR BY CLASSES OF SECURITIES
Public Barlcatable intarast-bearln^ •acurltlaa l/
Held by banks Kiil Inanrance eoapanlas
coTared In Traaanry aurva/
Total
amount
out•taadin^
duilfleatlon
I.
^7P* o^ security
Securities Issued by United States
Treasury bills
Certificates of indebtedness
Treasury notes
Treasury bonds
Other bonds
3^
209
life
Insurance
companies
30
529
stock
omtnal
savings sarln^s
banks
banks
flr».
S.
Held hr
a^nclei
all
and trust
other
funds and
InTeatori
Peder«l
Be serve
Banks 2/
.
casualty,
and marine
Insorance
conpanlcs
Itr
10.1
19.8
12-5
56.2
5-^
16.7
ik.S
61.6
.2
Oaaranteed issues 2/
Total
II.
U.
75^ Insurance conpanles
7.061 banks
Total
7.815
6.508
Initl- eoamartutione cial
banks
Held by
OoTernnient
1.2
i.it
7-8
21.9
19.3
U9.3
9.7
U.7
85.2
.1
.1
2-5
3.7
93.5
3.1
«
.
1.7
.2
100.0
9u!u
1.7
1.1
96.6
11.5
6.8
80.6
U0.5
18.8
7.6
32.8
•
•
.2
5
.6
.k
•
100.0
100.0
100.0
10.6
7.2
21.6
36.1
3.6
9.2
31.7
22.3
u.6
9.7
6.2
28.
II
.5
1.3
100.0
100.0
100.0
16.2
19.8
29.5
19.3
8.6
6.6
63.1
10.5
8.7
U.7
3.6
9.3
U2.7
12.7
100.0
100.0
'
call classes
JJas or first becoming callable
Within 1 year
1 to 3 years
3 to 10 years
10 to 1^ years
15 to 20 years
Orer 20 years
federal Houelng Administration debenturea.
'By
35-9
18.1
23.2
8.0
5.0
9.7
27.9
21.9
28.2
8.0
5.t
8.6
36.9
26.5
29.3
U.6
1.2
1.5
19.2
30.9
2.7
8.1
19-7
13.7
20.9
3U.9
.1
.1
100.0
100.0
100.0
u.o
1U.9
19.2
. .
Total
100.0
100.0
100.0
21.1
lU.lt
12.
17.7
III. By tax-ezemptlon provisions
Wholly ezeapt fron Tederal Incene taxes j;^...
Partially ezeirpt froo Federal income taxes
Subject to federal income taxes
^
Total
PART
C -
1.0
19.0
79-9
.3
.u
.1
.6
22.6
77-0
U2.0
57.9
8.U
91.6
.1
19.
80.
.8
20.9
78.8
lU.g
85.1
U7.2
ii:3^
51.9
1U.9
8U.5
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
80.
PEROENTAOE DISTRIBUTION BY OROUPS OF INVESTORS
Public marketable iuterest-bearlne securities 1/
Held hj banks and Insurance companies
coTsred in Treasury surTey
Total
amount
outstanding
Claaslfi cation
I
.
By type of security
Securities issued by tltaited States
Treasury bills
Certificates of Indebtedness
Treasury notes
Treasury bonds
Other bonds
100.0
100.0
100.0
100.0
100.0
35.2
52.9
73-5
69.0
8.2
6,502
30
529
mutual
commerstock
saTin^s earing
cial
banks
banks
banks
35.0
50.3
TO.l
uo.o
7.6
.1
.1
.6
1.9
1.8
20.2
1.5
8.5
•
.5
.1
.9
.9
1.0
17.8
2.U
•
.5
.9
S.
OoTemment
Held by
agencies
all
and trust
other
funds and
inTostori
Federal
Beserre
Banks 2/
,
U9.7
11.8
7.6
7.3
17.6
15.1
35.2
18.
23.7
7U.3
100.0
73.2
66.9
.8
5.U
U.5
•9
.U
26.U
100.0
62.9
U5.6
5-1
12.0
10.3
1.7
12.5
2U.6
call classes
Due or first beooaln^ callable
Vithln 1 year
1 to 5 years
5 to 10 years
10 to 15 years
15 to 20 years
Orer 20 years
Federal Housing Administration debentures....
100.0
100.0
100.0
100.0
100.0
100.0
100.0
Ug.9
75.9
76.5
62.8
68.2
55-7
88.8
U6.8
66.7
57.7
26.1
10.5
7.0
31.1
29.2
16.9
18.8
29.9
22.9
32.3
6.1
100.0
62.9
100.0
100.0
100.0
100.0
iQr
Total
III.
Total
7.815
institutions
D.
75^ Insurance companies
555
fire,
209
casualty,
life
insurance and marine
compenlea insurance
companies
Total
Ouaranteed issues
II.
^
7,061 banks
Held by
By tax-exemption proTisions
Wholly exempt from Federal income taxes U/...
Partially exempt from Federal Incoae taxse
Subject to Federal income tales
^
Total
.1
.1
21
1.5
6.5
10.9
21.6
U6.1
38.3
.8
.8
1.8
2.1
2.9
1.1
l.U
21.9
7.2
u.7
7.2
8.9
12.0
5-1
.2
7.7
1.0
IU.2
11.2
10.1
3.7
_5Li
U.6
8.8
17.5
U3.2
37.1
52.6
U5.6
5.1
12.0
10.3
1.7
12.5
2U.6
18.8
69.1
62.0
17.2
5U.1
U3.9
.1
1.5
12.2
12.1
.2
2.3
5-9
8.1
11.0
l.U
U.2
1.1
6.8
9.8
13.2
7U.U
21.2
2U.g
62.9
U5.6
5.1
12.0
10.3
1.7
12.5
.u
.3
.1
U.O
i^S
Treasury Bulletin
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, March 31, 1944 - (Continued)
Table II.- Distribution of Oimershlp for Bach Issue Outstanding
PART A - PAR VALUES IN MILLIONS OF DOLLARS
iBSue, classified by
tax-exetnptlon provision
May 1944
^3
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, March 31, 1944 - (Contlnuedl
Table II.- Distribution of Ownership for Each Issue Outstanding - (Continued)
PART A
Iitua, claafllflvd
Iqr
tu-aiaaptlon proTlilon
-
PAH VALUES IN MILLIONS OF D01XAR8-( Continued)
Treasury Balleth
50
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, March 31, 1944 - (Continued)
Table II.- Distribution of Oimership for Each Issue Outstanding
PART B
-
PERCENTAaK DI8TRIBUTI0H BX aROUPS Or IMTXSTOni
-
(Continued)
May 1944
51
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United Spates, March 31, 1944 - (Continued)
Table II.- DlstrlbutloD of Ownership for Each Issue Outstanding
PART B
^
Ismia, clastlfled
tax-«x«Bptlon prorlilon
-
PERCENTAOE DISTRIBUTION BY 0R0DP8 OF INVE8T0RS-{ Continued)
-
(Continued)
Treasury Bulletin
52
Reclassification of Data on Banks Covered in Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States
following
The
February 29,
ISkh,
Treasury survey
States.
This
classification
survey for March 3I.
19^
the
olaaslfloatlon
ownership of
of
new
new
the
for
present
tables
period November
of data
30,
on banks
19'4-3
covered
through
the
in
securities Issued or guaranteed by the United
la
used
for
the
time In the Treasury
first
which appears on pages 46-51.
Table I.- Analysis of Ovmershlp by Type of Security, by Call Classes,
and by Tax-Exempt Ion Provisions
PART A - PAR VALUES IN MILLIONS OF DOLLARS
Pulsllc marketable Intereat-'beartD^ aeouritlea held toy 'baokB cOTered in
HoTemier 30, 1943
Cluslfl cation
I.
6.219
comnercial
banks
December 31, 19U3
Ugo
stock aatnal
lavlo^ saTlngs
banks
banks
21
21
6,23«
commer- stock
savings
cial
banks
banks
January 31. igW*
U90
mutual
savings
banks
6,290
connoer-
clal
'banks
Tebruary 29. igW*
U90
mutual
21
Treasury eurTey
stock
saTlnga aavlii^s
banks
banks
1*91
22
6.398
commerstock mutual
savings savlnga
cial
banks
benka
banks
By type of security
Securities issued by United States
Treasury bills
Certif Icatea of Indebtedneta
5.6^3
Other bonds
Guaranteed isauea
Total
lt.716
12.68U
12
U.90U
208
13.335
11
5,U8li
128
13.030
5
18
6
192
7.383
6
197
7,366
6
171
9.039
7
175
27.912
16U
5. '•97
28.099
165
5.506
28,835
166
.235
29.788
188
,118
lU
•
Ik
•
15
•
15
2.U86
Ul
2.U65
38
2,528
3'»
2,1*58
190
5.911
55.359
190
5.962
56.983
5.579
59,8lU
Treasury notea
Treasury bonds
9
171
13.159
56.761
17
17
191
19
159
30
215
6,U88
11. By call classes
or first becoming callabla
Within 1 year
IXle
1
to 5 years
3 to 10 years
2l»7
21.777
19
256
20.6U7
18
329
21,59't
219
22,283
lU,7lt2
12
(Mi
1U.706
13
603
1U,708
576
16.029
568
16,506
Ml
2.500
16,2U7
"3
2.5"^
16.8O5
Z.353
17. 2115
2,251*
1.1*15
10 to 13 years
2.233
67
t71
2.273
67
1138
2.373
UU2
2.680
15 to 20 years
617
12
273
623
17
7'62
6U6
753
685
726
Orer 20 years
«78
36
1.767
856
31
1.28U
850
1.236
885
1.277
1
7
1
7
1
7
1
5.911
55.359
5.962
56.983
5.579
59.8IU
federal Housing Adnlniatratlon dabenturea.
Total
7
56,761
190
190
191
215
6, 1*28
III. By tax-exemption prorislona
Wholly exempt from Tederal Income
taxes
583
1*69
"467
1*91)
Partially exempt from federal income
taxes
1U,562
88
772
lit.it96
97
712
l'»,892
666
15.056
89
603
Subject to Tederal income taxes
1*1,615
102
5.135
'«>.395
93
5.2U8
ltl,62U
103
't.911
Ui;.26U
126
5.883
56,761
190
5.911
55.359
190
5.962
56.983
191
5.579
59.8IU
215
6.1*88
Total
(Continued on following page)
May 1944
53
Reclassification of Data on Banks Covered in Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States - (Continued)
Table I.- Analysis of Omershlp by Type of Security, by Call Classes,
and by Tax-Exempt i(xi Provisions - (Continued)
PART B -
5*^
Treasury Bulletin
Reclassification of Data on Banks Covered in Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States - (Continued)
Table II.- Distribution of Ownership for Bach Issue Outstanding
PART A
IiBoe,
cluitfled b7
tu-anaptlon
]iroTlilon
-
PAR VALUES IN MILLIONS OF DOLLARS
May 1944
Reclassification of Data on Banks Covered in Treasury Survey of Ovmership of Securities
Issued or Guaranteed by the United States - (Continued)
Table II.- Distribution of Ownership for Each Issue Outstanding
PARI A
lesafl, claaeifled by
tax-ezemptlon provlilon
-
PAH VALUES IN MILLIONS OF DOLLARS
-
(Continued)
-
(Continued)
56
Treasury Bulletin
Reclassification of Data on Banks Covered in Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States - (Continued)
Table II.- Distribution of Ownership for Bach Issue Outstanding - (Continued)
PARI B
lains,
elu«lfl«d
V
taz-ezeaptloB provleloa
-
PEROENTAaC DISTIUBnTIOH BY aBOUPS OF INVSSTOBfl
••
May 1944
57
Reclassification of Data on Banks Covered In Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States - (Continued)
Table II.- Distribution of Ownership for Each Issue Outstanding
PAHT B
IBBU«, claealfled by
tax-exemption provlelon
-
PKROENTAaE DISTRIBUTION BY OROOPS OF IMVI3I0R3
-
(Continued)
-
(Continued)
Treasury Bulletin
58
Treasury Survey of Ownership by Member and Nonmember Commercial Banks of Securities
Issued or Guaranteed by the United States, December 31, 1943
The following tables were
show particularly the distribution
prepared to
of holdings of United States Oovernment securities among the various classes of
Federal Reserve member commercial banks
reporting
relates
and
these
to
all
commercial banks
to
to
Treasury
the
nonmember banks.
survey and
These tables
will henceforth appear semi-annually In the 'Treasury Bulletin".
Table I.- Analysis of Ownership by Type of Security, by Call Classes,
and by Tax-Exempt Ion Provisions
PART A - PAR TALDXS IN MILLIONS OF COLLARS
interest-bearing securities held by
oommerclal banks coTered in Treasury euTTey 1/
Pul)lic markstabltf
Meaber comnerclal banks
Claaalfl cation
Total
6,238
coaaorclal
banks
Central Heeerre City banks
Total
U,252
coomeroial
BOfflber
baska
I
.
Total
50 Central
Reserre City
banks
1.986
37
13
Sew Tork City
banks
Chicago
banks
3U9
Beserve City
banks
noufflember
3,853
country
banks
cotamerclal
banks
J9 type of security
Securities issued by United States
Treasury bills
'4.716
U,220
1.527
1,328
199
1.796
897
12.681*
11.769
i*,309
3.1*32
877
lt.665
2,795
Treasury notes
7.383
6,710
2,308
1.831*
1*7U
2.1*62
1,91*0
672
Treasury bonds
28.099
25,502
8,1*13
6.81*6
1.567
9,1*91*
7.595
2,596
Certificates of indebtedness
Other bonds
Guaranteed issues
Total
•
915
lit
9
3
7
U
2.1*65
2.309
1,051*
980
71*
71*5
510
155
55.359 r
50,521
17.613
ll*.l*20
3.192
19.161*
13.71*5
1*.838
20.61*7
19.063
7.1*1*7
6.252
1.195
.31*6
'*,270
1.581*
ll*,706
13,1*97
'»,977
It.
091
885
,0l*2
3.1*78
1.209
16. 21*7 r
11*.
617
i*,3'*3
3.606
737
.500
'*,77'*
1,631
201*
II. By call classes
or first bscoalng callable
Within 1 year
I>ie
1 to 5
years
3 to 10 years
10 to 15 yaars
2.273
2.068
623
389
231*
826
620
15 to 20 years
623
563
100
39
61
270
191*
59
Orer 20 years
856
706
12l*
1*1*
80
176
1*06
150
1*
3
1
Federal Housing Administration debentures.
Total
7_
55.359 r
7_
50.521
17,613
ll*.l*20
3.192
19,161*
13.71*5
U,838
73
1*9
153
115
78
III. By tax-sxenption proTisions
Wholly exenpt from Federal income
taxes 2/
1*69
390
Partially exempt from Federal Inooae
taxes
lU,U96
13.587
5.165
i*,26o
905
5,1*70
2.952
909
Subject to Federal income taxes
'*o.395
36.5*
12.325
10.087
2.238
13.51*1
10.678
3.851
Total
55.359 r
50,521
17,613
ll*,l*20
3.192
19.161*
13.71*5
U.838
^
(Continued on follovlng page)
May 1944
59
Treasury Survey of Ownership by Member and Nonmember Commercial Banks of Securities
Issued or Guaranteed by the United States, December 31, 1943 - (Continued)
Table I.- Analysis of Ownership by Type of Security, by Call Classes,
and by Tax-Exempt ion Provisions - (Continued)
PJLRT B
-
PERCENTAGE DISTRIBUTION BY CLASSES OF SECURITIES
Pnkllo B&rkvtabl* lDt*r«at-b*ariD« ••exirltiet hald
eomB«roi&l banks coTvrad la Treaaury anxTay 1/
txy
llaabar ooBsarelal banka
Total
6.238
ClMalfloatlon
omerolal
banks
Cantral Sasarre City banka
Total
•.252
Comoro ial
aabar
banka
I.
Bt typa of aaeurltjSacurltlos Issued
Treasur/ bills
V
8-5
13
Chicago
banka
3.853
oountry
banka
1.986
nona ember
coma re ial
banks
10.2
18.
13.9
53.7
.1
3.2
Ouarantoad Issoea
Total
By call classes
Due or first becoaln^ oallabla
Within 1 year
1 to 5 years
3 to 10 years
10 to 15 years
15 to 20 years
Ovsr 20 years
Pedaral Housing Adalnistratlon debentures....
Total
III. By taz-ezeoptlon prorlslons
Wholly exespt fron Federal Inconw taxea 2/...
Partially exempt fron Tederal Income taxea
3nbject to Federal Incone taxes
^
Total
37
Haw Tork City
banka
3U9
aerTB Cltj
banka
Q<ad Stataa
Certlfloatas of Indabtadnaaa
Treasury notaa
Treasury bonds
Other bonds
II.
Total
50 Cantral
Baserre City
banks
I
60
Treasury Bulletin
Treasury Survey of Ownership by Member and Nonmember Commercial Banks of Securities
Issued or Guaranteed by the United States, Decc:nber 31, 1943 - (Continued)
Table II.- Distribution of Ownership for each Issue Outstanding
PART A - PAR VALUES IN MILLIONS OF D0LLARJ9
iBBua, claaelfled hf
tax-axemptlOD proTlalon
May 1944
61
Treasury Survey of Ownership by Member and Nonmember Commercial Banks of Securities
Issued or Guaranteed by the United States, December 31, 1943 - (Continued)
Table II.- Distribution of Ovnerehlp for Each Issue Outstanding
PART A
Itsn*. olaaslfled by
tax-exemption proTlBlon
-
PAR VALUES IN MILLIONS OF DOLLARS
-
(Continued)
(Continued)
62
Treasury Bulletin
Treasury Survey of Ownership by Member and Nonmember Commercial Banks of Securities
Issued or Guaranteed by the United States, December 31, 1943 - (Continued)
Table II.- Distribution of Ownership for Bach Issue Outstanding
PART B - PEBCENTAaE DISTRIBUTION BY GROUPS OF INVESTORS
lama, olaaslflad ^7
tajE-examptlon prorlalon
(Continued)
May 1944
63
Treasury Survey of Ownership by Member and Nonmember Commercial Banks of Securities
Issued or Guaranteed by the United States, December 31, 1943 - (Continued)
Table II.- Distribution of Ownership for Each Issue Outstanding
PART B - PERCENTAOE DISTRIBUTION BY GROUPS OF INVESTORS
laeue. classified by
tax-exemption provision
-
(Continued)
-
(Continued)
Treasury Bulletin
6U.
PRICES
AND
YIELDS
OF
GOVERNMENT
SECURITIES
(Including securities issued by Federal agencies)
May 1944
65
Over-the-Counter Closing Quotations on Public Marketable Securities Issued by
United States Government and by Federal Agencies
April 29, 1944
Table I.- Securities Issued or Guaranteed by the United States Government
PARI A
-
TAXABLE BONDS, NOTES, AND CERTIFIQATES
tlie
Treasury Bulletin
66
Over-the-Counter Closing Quotations on Public Marketable Securities Issued by the
United States Government and by Federal Agencies
April 29, 1944
-
(Continued)
Table I.- Securities Issued or Guaranteed by the United States Government - (Continued)
PART
Amount
outstanding
(Million!)
-
TAX-EXEMPT BONDS AND NOTES
May 1944
67
Over-thc-Counter Closing Quotations on Public Marketable Securities Issued by the
United States Government and by Federal Agencies
April 29, 1944 - (Continued)
Table II.
-
Securities Issued by Federal Agencies but not Guaranteed by the United States
PART A - TAXABLE DEBENTURES
Aoouct
Treasury Bulletin
6a
i
YIELDS
OF TREASURY SECURITIES
Based on Mean of
Closinij
APR.
29.
Bid and Asked Quotations
46
48
50
52
•54
56
5«
46
48
50
52
54
•56
•58
•60
'62
64
1944
66
66
66
68
70
NT
'60
'62
64
•70
•72
May 1944
69
Average Yields of Liong-Term Treasury and Corporate Bonds
(Percant per annua)
Partially
Partially
HighTaxable
tax-azenpt
grade
Treaeury
Treasury
corporate
booda ly
bond* 1/
boade 2/
P«rtl»ll7
BlghTaiabl*
tax-ezempt
grade
TreaBury
Treafury
corporate
bosdt ly
bond* 1/
bonde 2/
Mpnthly Series
1939-Jm.
tax-ezeop^-
Treasury
bonds 1/
HighTaxable
grade
Treasury corporate
bonds 1/ bonds
2/
y
2.76
2.80
2.80
Tab..
Mar..
2.81
2.78
2.73
.26
.2U
Peb.
Mar..
2.51
2.U3
2.96
2.90
2.87
19U2-Jai>..
Peb..
Mar..
2.10
2.17
2.10
ipr..
May..
June.
2.70
2.68
2.69
.2U
.22
19
2.38
2.27
2.22
2.92
2.86
2.78
Apr..
May..
June.
2.07
2.06
2.0U
2.W1
•
Apr..
May..
June.
2.''3
2.77
2.76
2.75
July.
.18
.18
•15
July.
Aug..
Sept.
2.23
2.27
2.67
2.76
2.79
3.29
July.
Aug..
Sept.
2.
Oh
2.06
2.08
2.lt6
2.71*
Sept.
2.6e
2.6U
2.65
2.U7
2.U6
2-73
2.73
Oct.
Not.
Dee..
2.68
2.60
2.59
.lU
.11
Oct.
Not.
2.60
2.09
2.10
2.13
2.U7
2.U9
2.71
e.35
Oct..
lOT..
Dmi..
2.72
2.I16
Dec.
3.1U
2.93
2.86
2.1*5
.
.07
1937-Jan..
Peb..
Mar..
2.56
.09
.2U
.36
2.30
2.32
2.26
2.81
2.79
2.77
19"»3-Jan..
Peb..
2.11
2.11
2.12
2.1*6
Mar..
2.U6
2.U8
2.70
2.68
2.70
Apr..
May..
June.
2.83
2.80
2.81
.36
2.26
2.39
.31
Apr..
May..
June.
2.l<0
2.7U
2.87
2.93
Apr..
May..
June.
2.05
1.96
1.91
2.>K
2.U6
2. "5
2.6<
2.65
2.63
July.
Aug..
Sept.
2.78
2.78
2.82
.27
.25
.26
July.
Aug..
Sept.
2.30
2.31
2.25
2.85
2.80
2.71
July.
Aug..
Sept.
1.91
1.92
1.90
2.''5
2.5«
2.57
2.59
Oct..
Hot.
2.82
2.78
2.73
.26
Oct..
Hot.
Dec.
2.21
2.09
2.01
2.70
2.65
2.59
1.90
2.'*«
.22
.17
Oct..
Hot..
1.9't
Dec.
Dec.
1.95
2.U8
2.U9
1938-Jan..
Peb..
Mar..
2.69
2.68
2.68
19Ul-Jan.
Pob..
Mar..
2.12
2.22
2.12
2.57
2.71
2.73
19UU-Jan.
Peb.
Mar.
1-95
1.93
1.91
2.U9
2.U9
2.1*8
2.65
2.65
2.6U
ipr..
May..
June.
2.66
2.56
2.58
2.76
2.75
2.70
I.9U
2.>I8
2.6l
.15
2.07
2.OU
2.01
Apr.
XI
Apr..
May..
June.
July.
Aug..
Sept.
2.58
2.57
2.63
.12
.10
.12
July.
Aug..
Sept.
1.98
2.01
2.02
2.66
2.65
2.6U
Oct..
Hot..
2.55
2.56
2.56
.06
.ou
.02
Oct.
Hot.
1.98
1.95
2.06
u.
11.
18.
25-
1.89
1.90
1.91
1.93
2.1*9
2.66
2.U9
2.61*
2.1*8
2.6U
2.62
1.
1.91*
2.1*8
8.
1.93
1-93
2.1*8
19}6-JaB..
.
2.511
2.66
.
Dec.
.17
:li
2.51*
19U0-Jan.
Peb..
Mar..
.
.
Dec.
2.3U
2.3U
2.117
2.>t8
2.U8
2.1)6
2.1*5
2.U6
2.1*8
2.72
2.60
2.61
2.63
2.61
2.57
2.68
Weekly Series - Saturday Plguree U/
19U3-N0T.
1.93
I.9U
1-95
1-95
2.I18
2.59
2.1*8
2.61
2.61
2.61
2.1*9
2U.
31-
1-95
1.95
1-95
1-95
1.96
1.
1.91*
2.1*8
6.
1320.
27.
Dec
U.
11.
18.
2.U9
2.1*9
2.1*9
2.U9
2.U9
2.Ug
2.62
2.62
igUlt-Jan.
Peb.
8.
1.91*
1522.
29-
1.95
1-95
1-95
2.62
2.1*9
2.65
2.67
2.1*9
5.
1.95
2.1*9
11.
1.911
2.1*9
1.92
1.90
2.1*95/
26.
2.6J
2.61*
2.65
2.1*9
2.1*9
2.U9
19l*lt-M«r.
2.61*
2.66
2.66
2.65
2.65
Apr.
15.
22.
29.
2.1*8
2.U8
2.1*8
2.1*9
2.61
2.62
2.62
2.60
2.60
Dally Series
I9l*l*-ipr.
2.61
19l*l*-Apr.
10.
1.93
1.92
1.92
1.93
1.93
1-93
2.1*8
12.
13.
lU.
15IT.
18.
19.
1.93
1.93
1.93
2.1*8
U.
2.1*8
2.62
2.61
2.62
2.61
2.1*8
2.62
1.91*
2.1t«
1.93
1-93
1-93
2.1*8
2.1*8
i/
1-93
Basle of Conputatlon:
(l) Treasury bond yields are computed on the baaia
of the mean of cloeln^ bid and ask q,uotatloQB Id the over-thecounter narlcet beginning September 2, IS^ll; prevlouBly. cloeIn^ prlcea on the New Tork Stock Sxchasge were uped on days
when ealee took place on the Xxchange In a particular leeua
and the mean of closing bid and aak quotatlone on the New Toi^
Stock Xxchan^e on daye when no ealee took place.
(2) Corporate
bond ylelde are computed on the uasle of closing prices on the
New Tork Stock Exchange and the New Tork Curb Xxchange; on days
when an issue doee not sell, the price of the last preceding
2.1*8
2.1*8
2.1*8
2.1*8
2.1*8
2.1*8
2.1*8
,
£/
^
sale Is used.
Back Figures:
for monthly and weekly flguree back to Janiiary 1933> 'b^
"Treaeury Bulletin" for April 19l*H. pages ^7-6l.
Average of Treaeury bonds neither due nor callable for fifteen
1/
years.
?or discussion of composition of average see "Treacury
Bulletin" for March I9UI;, page 5S. Partially tax-exenpt tonds
ii/
5/
6/
2.62
2.61
2.62
2.61
2.62
2.62
2.62
2.63
2.62
19l*U-i^)r.
20.
21.
22.
1.93
1.93
1.93
2.1*8
2U.
1.91*
2.1*8
1.91*
2.1*8
2. 1*8
2.1*8
2.1*9
27.
28.
29.
\%
2.1*9
1.96
1.96
2.U9
2.U9
2.61
2.61
2.60
2.60
2.60
2. 60
2.61
2.60
2.60
are thoee the Interest on which is exempt from the normal rates
(In addition. Interest derived froa
of the federal income tax.
$5,000 aggregate principal amount of partially tax-exempt Treasury bonds and thilted States ssvlnge bonds issued before March 1,
I9UI Is exempt from the surtax rates of the federal Income tax.)
Taxable bonds are those the interest on which is subject to both
the normal and surtax rates of the Tederal income tax.
for discussion of composition of high-grade corporate bond
average, see •Treasury Bulletin* for April l^^"^. page 61.
Monthly averages of dally figures. Prior to April 1. 193«'
corporate bonds are averages of Saturday figures.
On days whec the exchanges are closed, the date and prices of
the previous day are used,
Xndlcatea change in composition of average.
Holiday.
70
Treasury Balletiii
I
May ly^^
(i-
GOVERNMENTAL CORPORATIONS AND CREDIT
AGENCIES OF THE UNITED STATES
Treasury Bulletin
72
Assets and Liabilities of Government Corporations and Credit Agencies
March 31, 1944
(la Blllloiu of dollars)
la seta
Intera^iusy aesete
InTvstaanta
Corporation or agenagr
Loani
Prafarrad
capital
itook,
ate.
Banks for cooparatlTaa
Commodity Credit Corporation.
Dlsaater Loan Corporation....
Export-Import Bank of tfaabln^on.
7arm Credit Adjslnlatratlon.
ram Security Admlnlatratlon
federal Crop Ineoranoa Corporation....
Federal Deposit Insurance Corporation.
Tederal Tarn Mortga^ Corporation
Federal home loan taakt
Federal Housing Administration....
Ttodaral Intervedlate credit baaka
Federal land banks 6/
Federal Rational Mortga^ Association.
Federal Prison Industries, Ino
Inderal Public Housing Authority
Federal Saving and Loan Inauranoa
Corporation
Federal Security A^enc^ - studant war
loans 2/
Fsdaral Works A^noy:
Public Works Administration
War Public Works - commtmlty faollltlaa
Home Owners* Loan Corporation
Inland Waterways Corporation jj
Interior Department (Indian loana).
Panama Railroad Compaoay 2/
Production credit corporations
Puerto Blco Reconstruction Administration
Reconstruction Finanoa Corporation 8/....
Regional agricultural credit corporations
RFC Mortgage Company, The
Rural Ilectrlflcation Administration.
Tennessee Valley Authority
Aseurl
Caah
i/
D.
S.
Oorem-
ent
•eourltl«a
tlat
gamruaOthar
teed b7
Holtad
States
?73.7
1,800.6
20.7
196.7
U08.1
2.U
200.9
U22.0
IU2.3
230.6
513.
I4I8.6
20.6
772.9
1,076.0
26.7
380.8
i?:i
2U.5
686.
99."*
27.7
18.9
20.0
16U.6
69.0
36.0
.2
236-9
176.6
292.5
132.3
33-8
.290.3
62.1
55^.2
319-3
.6
3U.2
72 -U
U.l
1,279.1
2I1.6
.u
2.8
69.9
127.6
2.8
22.6
9.787.3
6.6
1.378.9
21.6
611.2
123-7
362.3
712.3
380.1
36:1
-3
15.1
29.0
36.1
.1
-5
ito.o
17.0
.6
U6,§
5.0
1.6
2.7
6.U
IgU.U
38.2
7.2
5.2
-9
IUU.3
'•.7
1.8
57.9
.1*
-3
2.5
12.8
7.0
.2
2.9
•
1-3
1.8
3.2
72.it
.1
17U.0
8-5
U.l
1,681.5
760.U5/
1.6
57.9
2U5.0
Other
assets
.1
19-5
llt.6
lU9.g
3.5
1.9
607. au/
16.6
300.9
1,902.9
6U.5
19.5
25-3
1:2
Capital
Beal fli- Due from
tock and
tat« and
Oorernpaid-in
other
aent
reevlTftblat
biulnees corpora- •urpl-Qi of
property tions and QoTernoeat
corporae^nclei
tions
Aeoouiti
and oth*r
.1
U6.5
.2
5-3
21.1
.1
2.0
.3
U6.6
'•7.7
1.0
9.0
.7
32ll.8
Jlia/
15-0
6.3
120.0
3.9
.7
15.5
61.3
.1*
65.1
71.1
6.3
1*2.1
.3
27:1 i/
2.6
16.1
66.5
1»2.7
«
.1
-9
.1
.1
7.559.5
360.7
12.6
53.8
.1
109.6
3U8.9
13-2
2-3
8.1
6-5
6.it
i*.7
690.2
5-3
2-5
.1
39-5
22.7
8.8
7.36^.'*
3-5
•
.6
I3U.0
276.7
7.1*63.5
jirt.l
1*5.6
U9.2
11,730.3
27.6
Tennessee Valley Aasociated CooparatlTOs, Inc. 1/
United states Maritime Conolsslon
War corporations and actlTltles (World
War I) 10/
War corporations (World War II) 11/.
War Shipping Administration
.3
.2
7,565.9
lU.l
I16.U
U.8
168.8
3-0
8,897.7
I.O85.7
Other OOTemmant agenciea 12/.
11,787.7
25.2
t.7
Grose total.
51,022.9
7.366.3
377-3
Adjustment to eliminate Interagency
interests
Bet total
525.9
3.0
1.5^7.5
5U2.9
613.3
629.3
1*3.8
2,llt0.0
1.677.0
-20,379.8
30,9t3.0
7.366.3
377.3
525.9
1,51*7 -5
51*2.9
(Continued on follovlDg pbge)
613. 3
2,11*0.0
1,677.0
19.71*5-1
63U.7
19. 71*5-1
-631*. 7
15.852.9
15,852.9
May 1944
73
Assets and Liabilities of Government Corporatlo.is and Credit Agencies
March 31, 1944 - (Continued)
(In olllloDt of dollare)
Llalillltles and
reaems
Proprietary Interest
UaMl^tlar
Corporation or
Kia to OoTemBont
ftiaraataad
«^n^
Ohltad
Statai
( Includat
accrued
Hot
tjr
Total
gnarmtaed
^
St.
l.SSS."*
581.8
Treanry
.1
4.7
Federal Crop Insurance Corporation
Federal Deposit Insurance Corporation....
Federal Farv Mortga^ Corporation
15.7
Ug3.6
966.2
Federal hosie loan ^anks
Federal Housing Administration
Federal Intermediate credit %anks
90.8
26.7
315-7
Interior Department (Indian loans)
Panama Railroad Company 2/
Production credit corporations
Puerto Eleo Eeconstruction Administration
Beconstructlon Finance Corporation 8/....
Beglonal agricultural credit corporatlone
RFC Mortgage Company, The
Rural Zloctrlflcation Administration
Tennessee Talley Authority
6.2
177.1
.2
1.1
15.1
6.0
23.0
7.0
684.7
.6
1,354.8
1.6
.7
lt06.5
.2
2. It
2.4
.9
7-2
398.9
6o4.o
29.
15.1
10.6
.3
.1
627.3
1.7
95.7
229.7
80.1
16.4
l,20lt.6
1.180.0
80.
49.1
31.0
.9
553.7 2/
462.3
95.8
90.8
3.?
315.5
.7
9Ug.o
204.0
181.0
8.7
21.4
7.9
50.7
9,086.3
2.1
902.2
.2
1,'»36.U
l,6i2.6
1.2
46.5
17.0
U36.2
185.7
Federal Vorke Agency:
Public Vorks Adalnlstratlon
War Public Vorks - coaBunlty facilities
Home Owners' Loan Corporation
Inland Vaterways Corporation jj
Other
.1
.1
20lt.O
Federal Public Housing Authority
Federal Savings and Loan Insurance
Qorporatl on
Federal Security Agency - etudent war
loans 2j
Saeerreo
Statee
Sxport-Iaport Bank of Vaehln^on
7arBt Credit Adalnletratlon
Fan Secnrlty Adalnlatratlon
Federal land banks 6/
Federal National Mortge^ Association....
Federal Prison Industries, Inc
corporatlone and
ac«nclea
United
Intareflt)
Banks for cooperatlTes
Conmodltj Credit Corporetlon
Dleaeter Loan Corporation
Owned
3
3.7
56.8
7.4
194.7
217.9
327.7
4.8
289.3
109.8
139.3
201.7
105.6
89.8
76.9
466.5
13.8
18.8
209.3
201.7
-134.8
20.6
174.0
27.7
100.0 234.8
24.0
-3.4
4.8
150.0
109.8
40.0
150.0
100.0
124.7
105.6
89.8
124.7
60.0
29.8
297.2
13.8
18.8
120.1
10.0
137.1
3.8
19.7
217.9
327.7
-35.2
9.8
105.6
147.7
1.0
146.7
147.5
147.5
100.0
47.5
3.5
3.5
.1
72.4
4.1
68.9
23.4
72.4
4.1
68.9
23.4
200.0 •131.1
11.4
12.0
22.6
701.0
62.1
92.0
229.7
2.4
4.5
28.1
132.6
632.2
28.1
132.6
632.2
1.3
23.3
6.36li3
6.361I3
4.7
4.7
-627.6
644.4
-627.6
644.4
11,59«.9
11.59g.9
4.7
14.
147.7
22.6
701.0
62.1
125.0
Jonstoek
Snrplna
175.0
.3
63.2
United States 13/
194.7
217.9
327.7
127.2
4.3
.3
7.717.1
209.1
-134.8
20.6
^
Capital
stock
Total
2.8
5H.7
127.2
.2
2/'
Ixoaeo
of
aaoete
Prl(Total Tately
proprie- owned
tary Intareat)
3.4
72.4
4.1
2.8
5"*.
7
7.0
120.0
47.7
7.2
22.6
376.a2/
17.6
25.0
3.1
132.6
632.2
Tennessse Tallsy Associated CooperatlTee, Inc. J/
united Statee Maritime CooBiseion
War corporations and actlTltlss (World
War I) 10/
War corporations (World War II) 11/
War Shipping Administration
Other Ooremment aganolee 12/
Oroes total
Adjustment to eliminate interaganoy
interests
Net tot>al
.3
.1
.1
8,508.8
3-1
1.015.5
151.3
9.525.3
4111.3
188.8
28,674.9
188.8
2.283.7
5.302.5
-I9.7t5.l
8.929.8
287.0
10.363.7 9.381.4 1,343.6 22J47.9
10,363.7-9,381.4
2.283.7
1.1
-634.7
1,343.6 21,713.2
5.302.5
432.9
3.3
186.8 -831.1
16.7
644.4
4.7
21,915.0 2.129-2 359.9
-634.7
432.9
6.361.3
-23.9
25.3
11,594.2
20.145.
-633-7
21.280.3 1,495.5 -360.9
20.145.7
Ur
Source:
1^
5/
6/
yj
SallT Tr«a«tU7 StatCBent.
UtB than $^.000.
Ixclade* tiiiexp«iid«d b&lmneei of i{)proprlat«d fondi.
Includat dapoilta vlth the Raoonttnutlon Tlnaae* Corporation and
Interest thereon.
Include* real estate and other property held for tale.
Includes lntera^nc7 trantaotlons of "lend-lease" funds.
Includes coBBOdltles acquired pureuaat to goAranty porehaae a^ea-
C|/
10/
11/
ant.
Includaa the assets and llaMlltlea of the federal Land Banks of
LoulsTllla and Houston which hare retired stock and paid-in surplus
proTlouely held hy tbs Federal OoTonment.
ngfures shown are as of februArj 29, 19^^, the latest aTallable.
Includes the Xlectric Hone and Para Authority which wae transferred
for purposes of liquidation to the Raconstruotion finance Corporatlon hy EzecutiTe order effectlTS October 3I, 19^.
12/
13/
Adjusted for Interagency itens aid Itaas In transit
Coaiprlses Rary Departaent (sale of surplus supplies ), TT. S. Housing
Corporation, U. S- Railroad Adalnlstratlon and U. S. Spruce Production Corporation.
Coaprlaes Cargoes. Inc., Defanae Hones Corporation, Dafense Plant
Corporation. Defense Supplies Corporation, Institute of InterAnerican Affairs. Institute of Intar-Aaerlcan Transportation, InterAaerloan Bducatlonal Foundntlon, Inc., Inter-ABerlcan Harlgation
Corporation, Metals Heserre Coapany, Petroleua Eeserres Corporation,
Rubber SeTelopaent Corporation, Rubber Reserre Coapsny. Saaller Var
Plants Corporation, V. 3. Comnarcial Company and Var Daaage 'Corporation.
Comprises Treasury Department and other Ocrvernaent agandles not
listed in this statement.
Sxeludea the interest of the United States represented "^ obllgatlODB held by the Treasury.
7*^
Treasury Bulletin
Sources of Funds of Certain Government Corporations and Credit Agencies
for the First Nine Months, Fiscal Year 1044
CorporatloB or aceney
1
Mag 1944
75
Usee of Funds of Certain Government Corporations and Credit Agencies
for the First Nine Months, Fiscal Year 1944
Corporation or aganoy
76
Treasury Bulletin
Sources of Funds of Certain Government Corporations and Credit Agencies
from Inception of Organization through March 31, 1944
Corporation or agency
May 1944
77
Usee of Funds of Certain Government Corporations and Credit Agencies
from Inception of Organization through March 31, 1944
Corporation or B^enej
Treasury Bulletin
78
INTERNAL
REVENUE
STATISTICS
May 1944
79
Simnary of Internal Revenue Collections
1/
(In tboQtaadi of dollar*)
IncoBt and profits taxaa
toplOTueot taxaa
Social Security taxea
Tlieal year
or DoDtb
IndlTldoal
2/
ISJ^
1935
1936
1937
1938
8.672.259
3.281.792
819.656
1,105.788
U19.509
527.113
3.'t9't.330
l,'»27.itli5
U,6ii».308
5.653.83'*
2.179,828
2,629.016
67l4,Ul6
1,091.71*1
1939
5.162.355
5.322.768
7.351.531
13.029.912
22.368,713
2.185,105
2,129.606
3.U71.122
8.006.880
16.298,876
1.028. 8311
982.017
I.U17.655
3.262.800
6.629,932
iglio
19U1
I9i«
19U3
19U3-^rll
^
CorporatloD
Incone and
azcata
profit! 2/
Mlacollaneoui
profits
taxea U/
397.516
572.115
738.520
1,056.909
1.299.918
111,509
118
31.178
1*2,786
265.71*5
71*2.660
207.339
502.917
58.119
90.267
101.167
106.123
100,658
119.617
156,008
1.286.312
federal
Taderal
UnamploTvent
iBsnrance
Contributlona
Tax Act
let (Old-age (Unemployment
lnanrance)
Inavxance)
Carrlera'
Taxing Act
of 193T
2,
6,5«
IsbO
Its
33.71*0
7liO,l«9
11,687,1*59
27,010
37.172
56,621
833.521
925.856
1,185.362
529.835
605.350
687.327
895.336
9. 581*. 703
81l,2Ul
I.I198.705
1.131.5'!U6
107.038
200. IIU
2.593
5.8I19
9.0I17
U,8ii6
8.5I17
1.122.531
1.120,579
2,016.295
287
lll9.1«76
109.U27
122, 0U8
137.871
170.1(09
211.151
7.1I17
l.''72.335
1.007.599
6gl,6l7
325.151*
828
120,0311
»tajr
I.36U.98O
753. '177
511.1*07
239.127
2,91*3
238,910
Jtrna
1,813. 5U8
2.205.58)*
7.362
27.71*7
31*7.376
10,2ll7
2.87U
109.533
222,363
111,676
115.826
263.723
27.863
2,91*9
937
lllt.661
2ll2.827
IO8.I1O5
5.1*86
770
207.051
1,U96
8,339
1,086
27.1*37
8>i,5J0
79U
20.206
U3.057
l,89lt
U. 383, 1(20
i»,026,U9it
July
Auguit .
September.
1,998.885
1.672.217
U.613.2U9
1.231,UU2
813.577
U, 191. 778
2.0l»U,715
298.726
2.132.387
October.
HoTember
December.
2.179.567
2.089.229
5.017.358
1.6113,578
1,1170,850
U, 590, 615
1,086,1151
5l>8.ltlU
l.ll»7.55l*
307,579
8.713
15.717
2.175.565
2,1110,218
ll,832
38,1*50
2,088,Ue6
3.133.366
5,808.888
I.58U.390
538,653
396,189
199, sue
3.1*15.956
6.202
5.205
28.012
122,183
317.390
5.358,106
1.039.535
2.075,328
1,91U,138
119,590
3.118U
36,859
97.336
3.0U9
2,809,003
2.2^3.793
552.960
12.250
97,605
91.109
4,602
. .
.
.
19W1- January...
Tebmary.
March
April
2.1(76,722
873.819
511.977
1.186
29.750
23.968
I.I1U7
32.813
23.977
35.86«
Mlacallaneous Internal reTenna
Tleeal year
or Bonth
Total
Capital
stock
tax
latata
and
gift
taxes
66,580
390.038
11(7.156
't3.l33
68,990
69.919
3112.275
379.5110
593.831
567,670
500,786
551.923
567.777
lili9,85li
'*«.233
W6.75U
91.052
76.172
80. 161
117.501
360.715
360,071
587,605
579.7811
1(1,083
396.891
62li,o6U
8I9.869
38.681
39.057
1*32,5110
,0118,165
H96
.1123,1181
608,072
697.712
780,792
923.857
lll(7,088
1(07,058
36.659
112.757
109, 27H
115.231
76,68li
125.168
128.869
117.315
86,3511
3.8111
I22.37l>
90.013
93.058
87.101
3.939
117.303
120, I9U
378.81(0
2.188,735
2.272.158
137.1*99
139.31*9
,s:
16,87'(
1939-
2,236,821
191(0.
2.359.6I1I
15,5118
19111.
19I12.
2.9511.553
191*3
I».57l.l32
127.203
132.739
166.653
281,900
328.795
l9U3-;^)rll.
3'ti*.702
888
May...
June.
372.593
329.179
July
August ....
September.
651.617
135.61*5
1(7.910
591*. 91
2li,8li7
393. 608
187.876
3U.636
October..
HoTember.
December.
I121.328
20.063
375.552
388,293
1(0.718
3'(.253
-1(2
36.1*3
19llll-January
1(1(7.
l(£,2l(0
28,672
28,012
52.I8I1
1(1,702
'•5.155
206.831
18.793
732.333
71,339
79.8a
•(.993
39.195
63,806
79,981
60,902
86.771
89.965
I1.02I
59.1(88
I92,6li(
510
55.538
52.751
103,312
70,699
3.93'*
58,568
56.156
70,1(82
3.999
6li,39l(
76,20U
85.653
381. 913
339.25'*
1(01.192
21*7
11119
38,1(119
.36K
77.211
67.U70
76,697
"1.275
11.122
U72
107.886
108,395
123.999
68,029
Tebru&ry.
March
U.586
58.720
72.269
57,923
76.35*
April.
1*23,827
193
56.102
169.331*
71.893
U,800
51.297
70.208
Source:
1/
2/
2J
.
,
Baports of collections.
bsludes collectlooi for credit to certain trust accounta for
territories and insular possessions, etc. (except for the fiscal years 1929 through 193l(. when they aggregated less than )1
million a ysar)
Includes Tlctory tax collections and collections under the
Current Tax Payment Act of I9I13.
Excess profits tax Is^osed under the Second Revenue Act of
191*0. as emended.
62.61(8
371.123
526.222
62.323
I1OO.501
5.115
5.127
It.
taxes
lU3,5liO
1118,926
617.373
852.069
670.015
60,1(39
Agricultural
adjustment
6/
1(58,776
113.138
212.112
91*. 91*3
•
Miscellaneous
taxes
U25,l69
91. 508
3,837.670
Manufacturers' and
retailers
excise
taxes
Staap
taxes
1110,926
505.2I13
80.168
2,00ll.511l
19351936.
1937.
1938.
Tobacco
taxea
258.911
I,ll81,l60
1,6119,782
193'*.
Alcoholic
beTerage
taxes
U/^ Conalsts of the declared Talue excess profits tax. the profit
2/
limiting proTlalons of the Vinson Act. and the tax on unjust
enrichment.
Tor the period prior to September 1939 the data In the columns entitled federal Insurance Contributions Act and federal
DheBployment Tax Act represent collections under Titles Till
and IX, respectlTely of the Social Security Act.
Includes tax collections under the Sugar Act of 1937 and under the dividends tax liq>osed by the Act of June I6, 1933.
,
6/
Treasury Bulletin
so
COLLECTIONS OF INTERNAL REVENUE
F,sca/ Years 1929 to
DOLLARS
Billions
1929
'31
'33
'35
1943
First 10
Months f/sco/ Year 1944
DOLLARS
Total
Billions
May 1944
61
Detailed Analyais of Current Internal Revenue Collections^
(In thouaandt of dollarB)
Sources of reyonue
April
igw*
Tint
10 monthe
Tlacal
riocal
year
I9UU
year
19U}
iDCome and profits taxes:
IndlTllual:
Withheld by employers (Current Tax Payment
Act of l^k-}) 2j
gOlt.l453
Victory tax (Hevenue Act of 19U2)
Other:
Current
Back
^
Total Individual incoae taxes
Corporation:
Income taxes:
Current J/
Back
1.1126,826 3,b6«,03?
136,725
2.2U3,793 't.30U.977
152, 09U 3.078,1155
31,25't
30U,325
Miscellaneous Internal revenue (continued):
Stamp taxes:
Bonds. Issuee of capital stock, deeds of
5. ''55.850
conveyance etc
Transfers of capital stock and similar
78U.7ao
Interest sales
Play ln€ cards
8.700,153
Silver bullion sales or transfers
172,152
Total stamp taxes
15,112,875
3.633,157
1*55. 65I1
Excess profits taxes (Second Revenue Act
of 19^ as amended)
369,612 3,757,212
6.859.6U5
Total corporation taxes
552.960 7.139.992
10,9'i8.li56
72.058
212
1.665
108.272
73.935
108,730
2,809,003 ll,51g.90U
26.170.061
Miscellaneous profits taxes:
Declared value
Vinson Act
Unjust enrl chment
Total miscellaneous profits taxes
Total Income and profits taxes
Empioyment taxes:
Social Security taxes:
Federal Insurance Contributions Act (Olda^e Insurance)
Federal Unemployment Tax Act (Unemployment
Insurance)
Total Social Security taxes.
Carriers' Taxing Act of 1937..
Total employment taxes
12.2115
5
12.250
39
I1I9
91.109
928,839
».602
1115.7711
171,088
95.711 1,0711.613
1,201.856
1.030.768
157.11311
188.262
97.605 1.232.0117
1,390.118
I.89I1
Manufacturere' and retailers* excise taxes:
Lubricating oils
Oasoline
Tires and tubea
Floor taxes on tlrea and tubes
Automobile trucka and busee
Other automobllea and motorcyclea
Parts and acceeaoriee for automobllea
Electrical energy
Electric, gaa, and oil appllancea
Electric light bulba and tubes
Electric eigne (repealed ae of II/I/U2)...
Hadlo sets, phonographs, componenta, etc..
Phonograph recorde
Huelcal Inetrumente
Mechanical ref rlgeratora, alr-conditloners
etc
Matchee
Floor taxsa on matchee
Buaineaa Emd atore machines
Fur a - retailers' excise
Jewelry - retallera' exclae
L^iggage - retailers' exclae (effectlTe
Estate tax
01ft tax
Alcoholic beverage taxes:
Distilled spirits (Imported, excise)
Distilled spirits (domestic, excise)
Distilled spirits rectification tax
f^lnes, cordials, etc. (imported, excise)..
Vines, cordials, etc. (domestic, excise)..
Brandy used for fortifying <veet vines
(repealed as of July 1. 19I10)
Dealers In distilled spirits; rectifiers;
manufacturers of stills (special taxes).
Stamps for distilled spirits Intended for
export
Case stamps for distilled spirits bottled
In bond
Container stanps
Floor taxes
Fermented malt liquors
Brewers; dealers In malt liquors (special
taxes)
Total alcoholic bttTsra^* taxea.
Tobacco taxaa:
Clgara (larga)
Clgara (amall)
Cigarette* (large)
Cigarettes (small)
Snuff
Tobacco (chevlng and saoklng)...
Cigarette papers and tntjos
Leaf dealer penalties, etc
Cigarette and cigar floor taxes.
Total tobacco taxes
'Ce:
•
1/
2/
-A2J
53,002
328.236
379.515
3'*l.513
383.153
3.100
31.070
36.132
112,728
6U,696
227.139
61,165
1.597
598
603. 189
1175.336
15.
3.1187
90
16.219
576
28,707
5.569
2.853
23.39'i
5.
812
1
U8
782
10.056
1.287
6.997
ll«.729
IOI1.337
362.I199
uS .0I15
5I1
2.708
2.521
169.33^ 1,198.976
1.2^0.838
2
Ms
10
9
65.725
560
3.OU7
9T
18. 576
2»*,778
SO
22
697. U30
6.UO8
1*0. U95
85
61
756. 1U3
1.175
6.373
38.071
982
3
2
8.508
71.893
.975
772.697
37
2,?06
I7.2I15
21.U8ll
1.975
615
U
11,272
6,Ull
IU.3II1
107
6.188
U2
u.goo
35.035
112.028
3.>+96
3U.U27
216.019
U3.I106
223.1100
32.1t68
15.953
3. 708
15. 108
•
6I1
203
55
2.880
It. 283
3.965
1.296
16.597
111. 357
6.291
3.0U9
1178
I169
27
2U9
85
35
5I1O
5,02ll
1.507
1.177
25
I.U50
998
25,318
U1.713
3.8I17
3.298
209
2,592
1,U9U
5311
83
836
U.668
7.771
2,208
7,077
I166
I1.8I13
6.017
39.607
7.976
75,1191
2,99U
51.580
91.259
315
U,5li«
11.578
289
8.961
13.736
3.623
27,585
9.881
286
1.983
Vv^)
Luggage - manuf acturera excise (auapended
ae of U/l/UU)
Optical equipment (repealed ae of II/I/U2)
Photographic apparatus
Ruhher articlea (repealed as of II/I/U2)..
Sporting goods
Toilet preparations - retailers* ezciae.
Vaehlng machinea (r«pealed ae of II/I/U2).
shells and cartridges
Firearm
Fiatole and revolvers
Eepealud taxes not listed aJbove
'
Total manufacturers' and retailers' excise
taxes
Miscellaneous taxes:
Bituminous Coal Act of 1937
Sugar Act of 1937
Telephone, telegraph, radio and cabls.
leased vires, eto
Local telephone service
Transportation of oil by pipe 11ns
Transportation of persons, seats, berths..
Transportation of property (effectlTs
12/1/U2)
Use of motor Tehicles (effectlre 2/1/U2)..
TJae of boats (effectlre 2/1/U2)
Leasee of aafe-depoait boxes
Admisblons to theaters, concerts.
cabarets, eto
Club dues and Initiation fees
Bowling alleys, pool tables, etc
Coin operated devices
Adulterated and processed or renovated
butter, mixed flour U/and filled cheese
Oleomargarine, including special taxes....
HarcotiCB. including marihuana and special
taxes
Coconut and ovher vegetable oils processed
Satlonal Firearms Act
All other. Including repealed taxes not
listed above
Total miscellaneous taxes
Total oiscellaneous internal revenue.
826. 53g Total internal revenue
987
17
23"
.56U
19
51.297
7
311,0111
37
32
1,092
59
750
I171
9U
570.381
587.587
680
35
6.263
115.030
1.383
57.805
11,916
115.137
73.861
12.65;
653
123 73't
lt«,023
176.550
126.375
11
It.
9.933
70.055
52.891
11,527
66,180
15.997
106
138.095
628
5.158
1I1.90S
128.716
5.276
1.629
9.280
7.11611
9113
310
1.200
21
212
208
5.506
150.1132
6.907
1.637
16.221
15
58
2.261
3.280
u;
302
5U3
1.675
lb
513
3.U6O
13
50
20
70.208
^91.1153
875.716
1123.827
3.g69.7bl
11,371.501
1
2UU
3.330.I135 16.620,312 31,931.680
addition to payments accoopanylog returns filed with the Collector
of Internal Bevenxie.
Current collections consist in general of taxes paid within twelve
months after tbs close of the taxable year for which the return was
Bjsports of collections.
Less than »500.
Excludes collections for credit to certain trust accounts for
territories and insular possessions, etc.
Consists only of tax collections under the Current Tax Payment Act
of I9I13 for which returns have been filed with the Oollector of
Internal Revenue.
Collections as shown in Daily Treasury Statemente
consist of withholdings deposited in Qovernment depositaries in
Fiscal
year
iguu
55
.
Miscellaneous Internal revenue:
Capital stock tax
rieeal
year
I9U3
IJltU
,
300,220
12,0l»7
Tlrtt 10 months
April
Sources of revenue
!l/
filed.
Tax imposed yjpon the manufacture and sale of, and the occupational
tax on. mixed flour repeaded as of Bovember 1. 19^2.
Treasury Bulletin
82
GOLD
AND
SILVER
STATISTICS
May \944
83
Gold Assets and Liabilities of the Treasury
(IB Bllllona of lollsn)
Lla' llitlai
lad of calaodAT
year or aontb
193lt
Sold
lasats
8,238.6
10,122.9
11.257.6
12,760.0
1935
1936
1937
1938
ll*.5ll.2
Ool4 CartlfIcates 1/
1,008.6
156.0
156.0
156.0
156.0
156.0
1,800.0
1,800.0
1,800.0
1,800.0
1,800.0
1*08.9
156.0
156.0
156.0
1,800.0
1,800.0
1,800.0
156.2
152.3
150.2
156.0
156.0
156.0
1,800.0
1,800.0
1,800.0
159.1*
20,127.7
20,067.1
20,002.6
19.953.1
19,821.0
156.0
156.0
156.0
1,800.0
1,800.0
1,800.0
157.1
155.6
160.7
17.6U3.U
15.278.6
21, 99''.
191*1
19,825.1*
20, 564.
19'»3
22,736.1
22,726.3
21.937.8
19'*3-Xprll
22.1*72.7
20,360.1*
22,1*26.1*
20,318.1
20,281.3
22,387.5
July
Au^;uBt
,
.
22,331*. 8
22,21*2.8
.
Saptembar,
22,175.0
Octoliar.
22,115.7
.
Horeabar.
Dacenbar.
191*1*-
Janmrj
22 ,061*. 7
21,937.8
Doll In
Oanaral fund
1,800,0
1,800.0
1,800.0
1,800.0
1,800.0
19'I0
Kaj
Josa
Izchan^
Stabilisation
»nnd i/
156,0
156.0
156.0
156.0
156.0
5,27l*.o
7,679.5
8,959.6
9,212.3
11,872.8
1939
191*2
Oold Hatenra
against tJ. S.
notai, ate. 2/
20,611.9
19,821.0
20,219.1*
1*87.1*
31*1.9
1.591.6
682.1*
213.2
215.3
158.1*
160.7
159.1
151.9
21,918.2
21,711.6
21,599.9
19,800.7
19.591.0
19,'t77.2
156.0
156.0
156.0
1,800.0
1,800.0
1,800.0
161.1*
March
April p...
21,1*29.1
19.319.2
156.0
1,800.0
153.9
. .
f Bbniary.
Sourca;
p
1^/
Dally Traaaory Statemants.
FrallAlnary,
Comprises (l) gold cartlficataa hold by the public and In Federal IlBserve Baalcs; and (2) gold certificate credits in (a) the
Treasury Gold Rer<)lpts
(
In Qilllona of dnllars at $35 par fine eujina)
2/
2/
161*.
166.7
Gold Certificate fund - Board of Oovemora, Tederal Reserve
System, and (b) the Redemption Tund - federal Beserre notes.
Reserve against United States notes and Treasury notes of 1890Xxcludas gold in active portion of Xxchange Stabilisation fund.
Treasury Bulletin
Sk-
Components of Silver Monetary Stock
(In
llllonB of dollu-i)
SllTer held In Treasorj
Securing sllTer
certificates 1/
Ind of oalandAr
7ear or nonth
Sllnr tnllion
SllTer dollars
211.6
576.9
775-9
938.8
1.137.6
508. "t
'199.0
19'<3-
1.298.2
1,398-1
l,t76.1
1.516.2
1.520.0
19U3-Aprll.
May...
June..
193'*
•
1935.
1936.
1937.
1938193919UO.
19U1.
19'»2.
Silver ontslde
Treaanry
In Oeneral fund
5O8.7
505.7
503.7
502.7
U9U.6
UsU.i
Su^sidlarj
coin 2/
Bullion for
recoinage 2J
Sullion
at cost
U.2
1.2
5.8
.2
89-3
262.7
5.7
5.1
.3
3I17.7
SllTsr
dollars 1/
Total SllTer
at $1.29
per ounce
Subsidiary
coin 2/
3.5
535.3
35-2
38.1
11.3
13.1
Wl.l
5.3
2-3
3.5
9.2
616.0
657.1
662.3
628.2
551.8
18.1
52.5
63.0
78.8
96.8
391-1
122.1
193-5
587.3
681.
3.790.2
1.060.0
1,211.8
1.317.6
1.207.3
600.0
593.6
592.1
83.0
81.3
85.7
601.
''.303.9
612.7
623.1
1,298.9
1,298.5
'128.6
305.3
323.5
350.1
366.9
372.8
1.279.7
1,970.1
2.102.3
2.806.5
3.316.8
"»6g.1
"too.*
lll.ll
1.517.9
1,518.8
1,519.7
U63.6
36.9
'158.7
'153.3
111.2
1,519.7
1,519.7
1,519.7
1*5.9
35.5
"129.9
311.2
.2
.2
September.
126.5
27.2
1-5
589.1
581-9
567.3
87.5
88.8
90.7
633.2
612.2
65I-8
1,291.1
1,276.0
1.233.1
October.
Norember.
Dec ember.
1,519.7
1.520.0
1,520.0
'122.0
JMI7
AU^Bt ....
19Ul*-January
'110.3
26.5
21.7
lli.U
3-1
1U.6
19.1
560.7
553.8
551.8
92.3
9I.0
96.8
663.6
67I.2
68I.7
1.223.7
1.213.7
1,208.6
396.7
395.8
17.3
19.5
18.8
20.2
17.6
15-1
538.7
528.1
525.6
97.7
98.6
100.2
685.5
6s6.2
691-8
1,171.9
1,117.
1,112.6
13.0
505.2
101.1
697.3
1,088.6
1.520.0
1,520.1
1.520.1
3911.2
April p.
1,520.1
393.0
Source:
p
•
36.9
>I00.>1
Vebru&ry.
March. ...
.
19-1
Bally Treaaory statement and Circulation Statement of united
States Money.
Preliminary.
Less than $50,000.
l/
2/
^
Valued at $1.29-^ per ounce.
Valued at $1.38-*- per ounce.
Valued at $1.38+ per ounce or at $1.29 per ounce according to
whether the bullion iB held for recolnsee of eubsldlary silver
coins or for recolna^ of standard BllTsr dollars.
Silver Production In the United States and Silver Acquisition by Mints and Assay Offices^
(In Billions of ounces or dollars)
Calendar year
or month
SllTer
production
In
United
States
Silver acquired by mints and aesay offices
lewly alned domestic
silver 2/
Hatlonallted
silver
Torelgn ellver 1/
y
Dollars
193I1935193619371938-
32.5
15.6
63.1
n.3
61.1
70.6
61.7
61.6
11.1
27.3
17.3
51.6
12.1
1939-
63.9
67.0
69.1
51.5
60.7
68.3
70.5
17.9
5.5
IO.I
18.5
50.1
31.0
3-9
1.6
1.3
1.2
1.1
.3
.2
.2
.1
19110.
19I1.
1912.
19I3.
11. 8 r
19l3-ij)rll
3.8
3.2
3-9
May...
June.
July
....
1.1
1.0
September.
2.8
October.
Kovember.
December.
V^
AU^Bt
19l1_january.
Tebruary
March.
.
April.
i/
.
1.0 r
21.8
38.0
110.6
2.0
55.3
1.0
.1
.2
.9
.8
Ounces
IlDllars
172.5
191.1
271.9
2ll.5
355.1
86.5
318.2
150.3
108.7
156.9
301.9
531.3
333.1
312.2
117.1
155.9
3I6.5
197.8
163.3
199.1
282.8
139.8
72.6
11.3
120.5
50.9
27.1
6.0
3I3.3
208.0
II3.I
62.1
5.5
160.6
99.1
77.2
1.6
1.3
1.2
1.1
10.
3-9
.9
.8
2.8 r
i-v
i/
Silver production: Annual Report! of the Director of the
Mint for annual figures through 1939; rel^aees of American
Bureau of Metal Statlitlce for all later figures.
ReTised.
Lees than $50,000.
For Information on silTer production In other countries from
1933 through 191*0 or 19^1. eee "Treasury Bulletin" for
August 19^3. page 7**.
Acquired at 6U.0U+ cents per fine ounce until April 9, 1935;
U/
at Tl-ll* cents per fine ounce from that date until April 23.
1935: at 77.57* cents from ^ril ?3, 1935 to December 3I, 1937;
at Sk.Qi* cents per fine ounce from December 3I1 1937 to July 1,
1939: and at 7I.II* cents since July 1, I939.
Acquired at 50*01 cents per fine ounce. Bbcecutlve Proclamation
of August 9, I93I*, repealed April 28, 193S.
Acquired at Tarioua prices averaging approximately 5I cents per
S/
ounce
Not yet available.
^
May 1944
«5
Seigniorage on Silver
(CiumilatlTe from January 1, 193** - In mlllloDB of dollars)
End of calendar
7©ar or nonth
Treasury Bulletin
sb
OTHER
TREASURY
STATISTICS
I
May 1944
B7
Net Capital Movement to the United States, 1935 through February 1944
[in
thoueands of dollars.
Net capital outflow C-J]
Analysis of net capital oorenent
Net capital
moTenient
Movement In
short- term
banking funds
Movement In
brokerage
balances
Movement In
transactions
In domestic
securities
Movement In
transactions
in foreign
securities
Calendar year;
1935
1936
1937
193s
1939
(Jan.
1, 1936).
2, 1935-Jan.
(Jan.
2, 1936->o. 30, 1936)(Doc. 31. 1936-1*1:. 29. 1937).
(Dec. 30, 1937-Dec. 28, 1958).
(Dec. 29, 1938-Jan.
3, 19W).
I9U0
(Jan.
(Jan.
(Jan.
(Jan.
(Jan.
U.
1.
19lt4-Feb.
29. 19l*4).
Total (Jan.
2.
1935-?el>.
29,
I9I1I
19l«
19U3
191*1*
.
96U.629
1,195,922
801,915
397,31*2
255.591*
1*15.256
331,268
1.132.383
1.195.635
191*0).
706.380
19Ul-Dec. 31, igl'l).
1. 19lt2-Dec. 3I, I9U2).
1, 19U3-Dee. 3I. 19't3).
-1*96.923
6ol».32i
1914.0-Dec.
31.
1,
19l*3-reliruar7.
March.
1,1*12,1*86
,
April.
Hay. ..
June.
July
iuguat ....
1^)
19ltlt-January.
February.
267,008
26.758
115.689
31*
57,196
32,990
-85,1*27
20,358
-2l»5,062
191 .076
-261.955
78.156
51.703
1*6.599
-7. 361*
27.767
-2.319
77.696
-1.673
7.1*18.557
5.676,699
118.873
698.778
107.175
132,152
119.683
61,505
-600
2,131*
-2.503
9,881
65,206
70,330
223,795
22l*,8l*5
922
-1.027
3,662
-'*.537
-2.565
-175
1*20
'*.392
-13.91*0
1,698
-5.283
114,900
5?2
58.239
7l*.311
58.720
59.027
1.903
565
6.937
-389
21,
921*.
207
-9.1*05
58.632
-91*2
OW
21,1*99
133.267
168,979
135.679
-7t7
163.1*36
1,301*
1*1*,
99I*
55.551
2.383
-687
2.715
-9,008
-3.932
151*.
350
155.209
ll*5.622
11*7.637
-713
1.831
-6,005
3.686
5.859
-7.532
Back Tlgures: Monthly data for the period January 191*1 through
June 19U2 may be found In the "Treasury Bulletin" for
September 19**3 pafi* 73*
.
125.158
2l*l*,626
3.513
13.372
1.115
1*9.
October.
November
Dec em bar.
316,660
600,693
302. 81*6
1.283.593
299.972
170,31*2
1*5,011
Septeml)er.
852,928
-286,622
561,573
1,161*. 758
6.039
6,811
687
31*.
-978
1.521*
FCmyiCTORY
BUY
UNITED
STATES
WAR
BONDS
AND
STAMPS
UNITED STATES
TREASURY DEPARTMENT
PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, $300
OFRCE OF THE SECRETARY
WASHINGTON 25.D. C.
OFFICIAL BUSINESS
FQSyiCTORY
BUY
UNITED
STATES
WAR
BONDS
AND
STAMPS
,
Treas
HJ
U.S. Treasury Dept.
10
.kl
Treasury Bulletin
1944
C.2
U.S.
TREASURY LIBRARY
1
0031926
!;i^:;:,.-.!;u.l-;^i!),'
''
'
1.1!
',',.
'V
M:-;'!;™
.
'-;.i,m:v
'..,
iVr
@FedFRASER