Full text of Treasury Bulletin : May 1968
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Treasury Bulletin
M AY
U N IT E D
STATES
O F F I C E
1968
TREASU RY
O F
T H E
DEPARTM ENT
S E C R E T A R Y
T he
T r e a su r y
B u lle t in
S u p e r in te n d e n t
U .
S .
G o v ern m en t
S u b s c r ip tio n
p e r
P r in t in g
y e a r
S in g le
O
$ 8 .5 0
c o p y
i s
o f
f o r
s a le
f f ic e ,
th e
W a s h in g to n ,
d o m e s tic ,
p r ic e
b y
D o c u m e n ts,
v a r ie s .
$ 1 1 .0 0
D .C .
2 0 4 -0 2
f o r e ig n .
1968
CONTENTS
T r e a s u r y
f in a n c in g
o p e r a t i o n s ..................................................................................................................................................
F e d e r a l
f is c a l
F e d e r a l
o b l i g a t i o n s ...........................................................................................................................................................................................
A c c o u n t
M
o f
o p e r a t i o n s ..........................................................................................................................................................................
s t a t i s t i c s ...............................................................................................................................................................................................
2 3
o u t s t a n d i n g ......................................................................................................................................................................................................
2 4
P u b lic
T r e a s u r e r
d e b t
li m
o f
t h e
U n it e d
1 6
2 0
S t a t u t o r y
t h e
1
S t a t e s ...................................................................................
o n e t a r y
D e b t
I I
i t a t i o n .....................................................................................................................................................................
2 9
d e b t o p e r a t i o n s ....................................................................................................................................................................................
3 0
U
n i t e d
S t a t e s
s a v i n g s
b o n d s ..............................................................................................................................................
6 2
U
n it e d
S t a t e s
s a v i n g s
n o t e s ................................................................................................................................................
6 7
s e c u r i t i e s .............................................................................................................................................
6 8
O w n e r s h ip
T r e a s u r y
M
a r k e t
o f
F e d e r a l
s u r v e y
q u o t a t io n s
A v e r a g e
y ie ld s
I n t e r n a t io n a l
C a p ita l
m
C u m u la tiv e
D e ta ils
o f
o n
o f
s e c u r i t i e s ....................................................................
7 0
s e c u r i t i e s .......................................................................................................
7 5
b o n d s ..................................................................................................................................
7 8
s t a t i s t i c s ...........................................................................................................................................
8 0
T r e a s u r y
lo n g -te r m
F e d e r a l
e n t s ..................................................................................................................................................................................................
a n d
ta b le
of
o w n e r s h ip
f in a n c ia l
o v e m
C o r p o r a tio n s
N o te :
o f
c e r ta in
o f
fig u r e s
o th e r
b u s in e s s - t y p e
a c t i v i t i e s ....................................................
c o n t e n t s ............................................................................................................................................................
m ay
not
add
to
to ta ls
b ecau se
of
r o u n d in g .
8 5
1 1 0
1 5 7
T re a su ry B u lle tin
I I
Treasury
F inancing
O perations
S u b s c r ip tio n s
M ay R e f u n d in g
On M ay 1
6% T r e a s u r y
M ay 1 5 ,
S e r ie s
15,
th e
1975,
at
B -1 9 6 8
1968.
c o u n ts
and
o f th e
C a sh
be
3 - 7 /8 %
N ovem b er
u n til
15,
on
# 1 0 0 ,0 0 0 ,
on
1968,
fo rm
o f
not
th e
th a t
and
C a sh O f f e r in g
in
N o te s
of
m a t u r in g M ay
th e
m a tu r in g
S ta te s,
p u b lic
$ 6 ,7 4 9
and
m illio n ,
about #759
r e d e m p tio n .
a
t h r o u g h M ay 8 .
P aym ent f o r
lik e
fa ce
th e
n o te s
am ount o f
th e
d a te .
n o te s
n o te s
is
are
n a tio n a l
or
p a y a b le
s e m ia n n u a lly
o n M ay 1 5
a v a ila b le
o f
and
in
# 1 ,0 0 0 ,
# 1 0 0 ,0 0 0 ,0 0 0 ,
T rea su ry a ls o
announ ced
1968,
d u e A u gu st 1 5 ,
S u b s c r ip tio n s w ere r e c e iv e d
ed
# 1 0 ,2 8 5
m illio n ,
r e g is te r e d
15
and
# 1 0 ,0 0 0 ,
# 5 0 0 ,0 0 0 ,0 0 0 .
a
cash
fo r
# 1 0 0 ,0 0 0
s u b s c r ip tio n s
fo r
m ore th a n
a
m in im u m a l l o t m e n t
s c r ip tio n s
to ta le d
#
8,465
ow n a c c o u n t
and
paym en t
d a te
o ffe r in g
of
S e r ie s
m illio n
w ere a llo t t e d
w ere
# 1 0 0 ,0 0 0
m illio n
p er
fro m
m illio n
th e
had
be
m ade i n
cash ,
w ith
to
be
15,
1968,
T rea su ry
ta x
and
In te r e st
F ebruary
15
r e g is te r e d
w h ic h
on
and
w ere
lo a n
th e
T h ey
of
43
w as a c c e p te d .
in
a llo tte d
fu ll,
28
A u gu st 1 5 ,
and b e a r e r
# 1 0 ,0 0 0 ,
# 1 0 0 ,0 0 0 ,
T h ey a r e
not
a c c o m p a n ie d
a p p lie d
fo r m
a c c e p te d
and
# 1 ,0 0 0 ,0 0 0 ,
c a lla b le .
n ot
su b je c t
to
fr o m
a ll
cash ,
a t par)
o f
or
th e
w ith d r a w a l
B anks
o th e r s
T rea su ry
am ount o f
u n til
a fte r
S u b s c r ip tio n s
c o u n t,
w ere
50 p e r c e n t
in g
n o te s
or
to
of
in
th e
case
to
c a p ita l
s u r p lu s
and
th e ir
ow n a c
an am ount n o t
fo r
exceed
(n o t
in c lu d in g
u n d iv id e d
c a p ita l
p r o fits
o f
th e
b an k s.
s u b s c r ib e r s
s e ll,
or
each
c o m b in e d
d e b e n tu r e s),
s u b s c r ib in g
ch ase
fr o r i c o m m e r c ia l b a n k s ,
r e str ic te d
or
to
s a le
fo r
a
r e q u ir e d
to
agree
m ake a n y a g r e e m e n t s w it h
or
at
w ere
o th e r
d is p o s itio n
s p e c ific
ra te
or
o f
to
resp ect
any
p r ic e ,
not
of
th e
u n til
p u rch a se
to
th e
p ur
n o tes
su b
a fte r
m id n ig h t
1968.
C o m m e r c ia l b a n k s i n
to
c e r tify
a ll
w as
s u b s c r ip tio n s
at
par,
th a t
The n o te s
P aym ent
bonds
m a tu r in g
or
by
# 1 0 0 ,0 0 0 ,0 0 0 ,
are
of
s u b m ittin g
s u b s c r ip t io n s w ere r e q u ir e d
had no b e n e f ic ia l
en tere d
fo r
th e
in te r e s t
in
any
accoun t o f th e ir
of
th e
c u sto m e r s,
th e ir
cu sto m e r s
fo r
had
th e ir
no
b e n e fic ia l
ow n a c c o u n t .
in te r e s t
in
th e
T hey w ere r e q u ir e d
fo r
15.
A u gu st 1 5 ,
d e n o m in a tio n s
th ey
su b s c r ip tio n s
c e r tify
a ls o
th a t
c r e d it
c o lla te r a liz e d
fo r,
th e y
1968,
a v a ila b le
# 1 ,0 0 0 ,
to
in
had
not
w h o le o r
in
m ade u n s e c u r e d
c o v e r a m o u n ts r e q u ir e d
p a r t by th e
lo a n s ,
to
b e p a id
n o te s
or
s u b s c r ib
w hen s u b s c r i p t i o n s
en tere d .
in
9 -M o n th
on
th e y
o th e r s.
M ay
or
th a t
Sub
c o m m e r c ia l b a n k s
n o te s
p a y a b le
1969.
in
fo r
th ereo n ,
F ed era l R eserve
10% ( i n
1968,
p o s itio n s
an d b o r r o w in g s
th e
b y paym en t o f
and r e p o r t
th e ir
percent
s u b s c r ip tio n .
fro m
n o te s
T rea su ry
is
s e c u r itie s
h o ld s
d e a le r s
C -1 9 6 9 ,
a c c o u n ts.
n o te s
w ith o u t
n o te s
w ere
M ay
s e c u r itie s
o r b o n d s m a t u r i n g M ay 1 5 ,
ed
c o u ld
S ta te s
S ta te s,
B a n k o f N ew Y o rk
n o te s
b an k s’
fo r
G overn m en t
U n ite d
S u b s c r ip tio n s
lo a n s
The
G overn m en t
in te r
1969.
# 1 0 0 ,0 0 0
# 1 ,8 2 0
th e
fu n d s,
and f o r e ig n
th e ir
th e r e o f,
p u b lic
and
to
th e ir
w h ic h
in
fo r
a s s o c ia tio n s ,
in s tr u m e n ta litie s
o th er
a c c o u n ts,
o n W e d n e s d a y , M ay 8 a n d t o t a l
or le s s
o f
m a rk ets
banks
lo a n
d e p o sit.
and
w ith
to
r e c e iv e d
s c r ib e d
N o tes
o f w h ic h a b o u t # 3 ,3 6 6
S u b s c r ip tio n s
in
o th er
and
w ere
M ay 8 ,
d a t e d M ay 1 5 ,
or
and
c e n tr a l banks
F ed era l R eserv e
resp ect
on
N ovem b er
# 5 ,0 0 0 ,
and
6% T r e a s u r y
of
fo r e ig n
th e
A ll
th e r e a b o u ts,
s u b d iv is io n s
o r g a n iz a tio n s
to
s a v in g s
G overn m en t in v e s tm e n t
or
On M ay 1 t h e
c o m m e r c ia l a n d
and r e tir e m e n t
w ho m ak e p r im a r y
c a lla b le .
b illio n ,
p o litic a l
p e n s io n
m e m b e r s h ip ,
w ith
fr o m
F e d e r a lly -in s u r e d
a llo tm e n t.
th e re a fte r
# 1 ,0 0 0 ,0 0 0 ,
Ma y
due
in v e s t m e n t a c
/ U% n o t e s
r e c e iv e d .
d e n o m in a tio n s
not
4 -3
about
cash
1968,
n ew
The
in
are
o f
G overnm en t
b o o k s w e r e o p e n f r o m M ay 6
th e
m a tu r ity .
bearer
b illio n
to ta le d
bonds fo r
w ere
m a tu r in g
In te r e st
T rea su ry
1968,
of
1968,
d a ily
m ad e o n M ay 1 5 ,
s e c u r itie s
4 -3 /4 %
and
o ffe r in g
M ay 1 5 ,
B onds o f
# 3 .9
R eserve
m illio n
s u b s c r ip tio n s
to
o f
T rea su ry
a c c e p te d
The s u b s c r ip tio n
w as
h o ld e r s
exchange
d a te d
b illio n .
about #539
m illio n
an
B -1 9 7 5 ,
h e ld
F ederal
S u b s c r ip tio n s
le a v in g
to
3 -7 /8 %
# 4 .1
announced
S e r ie s
p u b lic
and
h e ld
o f
par,
The
s e c u r itie s
T rea su ry
N o te s
ow n a c c o u n t ,
in
and # 5 0 0 ,0 0 0 ,0 0 0 .
O n e -Y e a r
On A p r i l
and
# 5 ,0 0 0 ,
and
th e r e a b o u ts,
itio n a l
January
day
17
of
am ount
31,
T rea su ry
B ills
te n d e r s
2 7 6 -d a y
o f
1969,
b ills
b ills
and
to
w ere
in v ite d
T rea su ry
fo r
d a ted
#1
m a tu r e
fo r
b ills ,
January
b illio n ,
or
A p r il 3 0 ,
#500
m illio n ,
r e p r e se n tin g
31,
1 9 6 8 ,m a tu r in g
th erea b o u ts, o f
1969,
or
an add
b o th
365-
s e r ie s
to
May 1968
I I I
T r e a s u r y
be
is s u e d
b illio n
cash .
A p r il
o f
T enders
T enders
m illio n ,
o f
m illio n
ra te
of
w as
ra te
w ere
w h ic h
of
is s u e s
and
on
fo r
$500
A p r il
th e
to
r e fu n d
r a ise
$100
O
p e r a t i o n s
$ 1 .4
to ta le d
a c c e p te d ,
$ 1 ,4 4 0
in c lu d in g
The a v e r a g e
bank
r e c e iv e d
5*663
fo r
th e
3 6 5 -d a y
m illio n
w as
te n d e r s.
b ills
and
account
of
b illio n ,
The a v e r a g e
o th e r s
$38
#600
and
92- d a y
of
$ 1 .0
each.
bank d is c o u n t
by
r e g u la r
w e e k ly
m illio n
is s u e
T rea su ry
$ 1 0 .0
cash .
T here
b illio n
each,
and
tw o
A verage
r a te s
fo r
b ills
b illio n
o f $ 1 .6
b illio n
fo llo w in g
w ere
n ew
A p r il
m a tu r in g
th ree
each,
1 8 2 -d a y
th e
o f
in
tw o
is s u e s
is s u e s
b ills
9 1 -d a y
is s u e s
1 8 2 -d a y
is s u e s
o f
are
# 1 .1
sh ow n
$ 2 0 0 ,0 0 0
and
th e
banks
F ederal
g e n e r a lly
T enders
and t r u s t
d e a le r s
in
in
$ 1 ,0 0 0 ,
$ 5 ,0 0 0 ,
(m a tu r ity
R eserve
banks
and
m ay
fo r ,
g u a ra n ty
s u b m it
ten d ers
fo r
m ay b e m a d e w i t h o u t
c o m p a n ie s
in v e s tm e n t
a p p lie d
b ills o f
w eek s)
th e
th e
th e
o f p aym ent b y
by
and b y r e s p o n s ib le
s e c u r itie s .
u n le s s
d e p o sit
T enders
2 percent
ten d ers
an
of
are
and
fr o m
th e
fa c e
a c c o m p a n ie d
in c o r p o r a te d
bank
or
d a te
in
lik e
A d d itio n a l
is s u e
—
A p p r o x im a te
O r ig in a l
is s u e
e q u iv a le n t
D a te
annual
average
is s u e
r a te
A p p r o x im a te
e q u iv a le n t
o f
1 /
1968
Jan.
4
11
18
5 .1 4 6
5 .3 1 0
11
18
25
25
be
S e r ie s
m illio n ,
R e d e m p tio n s
ra te
of
1 /
s e r ie s
A p r il,
fo r
d is c o u n t
B ills
-
T rea su ry
5 .2 6 6
5 .4 6 2
4
11
18
5 .3 9 9
5 .5 6 8
S w iss
5 .5 4 3
25
5 .6 8 9
d e n o m in a te d
c o n s is te d
b a sis.
At th e
b ills
D e ta ils
of
are
s o ld
in te r e s t
T rea su ry
on
a b id
at
m a tu r ity .
m arket
b a s is .
The fa c e
T h ey
fin a n c in g
are
fo r
fu ll
an
at
is s u e .
c o m p le te d
a v a ila b le
m a tu r in g
and
T rea su ry
ta x
on
fu n d s
on
th a t
o n e-y ea r
and
lo a n
en d
m ark s,
am ount
is s u e d
tw o
o f
o p e r a tio n s
are
sh ow n
e lse w h e r e
are
in
s e r ie s
G erm an
A p r il
in
to
$22
m arks
fo r e ig n
an
A u s tr ia n
sh ow n
ta b le s
m illio n .
th e
n o te s
m illio n ;
cu rren cy
is s u e d
is
th e
end
$ 1 ,8 7 6
in
A p r il
d e n o m in a te d
and
to
th e
$126
of
s e r ie s
# 1 ,6 1 5
o th er
in
is
m illio n .
s e c u r itie s
m illio n ,
B e lg ia n
g u ild e r s ,
d eb t
and
fr a n c s,
and
6 1 .)
on p u b lic
At
to ta le d
5 8 .)
s c h illin g s ,
page
$ 1 ,2 6 3
in d e b t e d n e s s .
an e q u iv a le n t o f # 2 2 m illio n .
N e th e r la n d
on
to ta le d
of
o u ts ta n d in g
e q u iv a le n t
e q u iv a le n t
lir e ,
A p r il
s e c u r itie s
O ne o f
t h e m o n th t o t a l e d
to ta le d
$ 1 ,2 3 1
show n o n p a g e
n o te s.
in
c e r tific a te s
s e c u r itie s
e q u iv a le n t
in
I ta lia n
(D e ta ils
in
are
S e r ie s
is s u e d
m o n th t o t a l e d
curren cy
of
fr a n c s
s ta n d in g
G eneral
w ith o u t
in
fo r
9 -m o n th ,
in
C urrency
n in e te e n
s e r ie s
(D e ta ils
d e n o m in a te d
p a y a b le
b id s
b ills
2 6 -w e e k ,
s e c u r itie s
of
th e
fo r e ig n
R e d e m p tio n s f o r
B ank
a c c e p te d
im m e d ia te ly
T rea su ry
c r e d it
and F o r e ig n
F o r e ig n
A pr.
by
u s u a lly
m u st b e m ade o r
or o th e r
1 3 -w eek ,
m ade
c o n s is tin g
annual
average
1968
4
cash
are
p r ic e ),
c o m p e titiv e
ten d ers
am ount o f
fo r
not
m illio n .
1968
in
sta te d
o n e b id d e r ,
a c c e p te d
a c c e p te d
fa c e
P aym ent
m ay
any
of
o f is s u e ,
a
F o r e ig n
o f
fr o m
p r ic e
( w ith o u t
a c c o u n ts.
2 6 -w e e k
26
le s s
Paym ent f o r
b ills
o f
o f
or
average
b illio n
ta b le .
D a te
N o te :
at
o f
and $ 1 ,0 0 0 ,0 0 0
com p an y.
TP n -rp n gn
is
r e c e iv e d
N o n c o m p e titiv e t e n d e r s
or
(A d d itio n a l am ount
o r i g in a l m a tu r ity
T rea su ry
$ 5 0 0 ,0 0 0 ,
in s titu tio n s
ex p ress
d a te .
1 /
d e n o m in a tio n s
m u st b e a c c o m p a n ie d b y p a y m e n t o f
an
to ta le d
1 3 -w eek
A pr.
are
cu sto m ers.
am ount o f b i l l s
p e r c e n t.
r e p la c in g
r a is in g
one
of
r e c o g n iz e d
$ 2 ,3 0 5
in c lu d in g
in
2 6 -W e e k B i l l s
Issu es
# 1 0 .6
T en d ers
B a n k in g
$17
d is c o u n t
to ta le d
a c c e p te d ,
and
$ 1 0 0 ,0 0 0 ,
b ran ch es.
tru st
"I 3 - W e e k
o n ly ,
in c o r p o r a te d
# 1 ,0 0 1
o n t in u e d )
$ 5 0 ,0 0 0 ,
v a lu e ).
b ills
( C
fo r m
$ 1 0 ,0 0 0 ,
p e r c e n t.
w h ic h
-
bearer
m illio n
23.
w as
ten d ers.
w ere
to
2 7 6 -d a y
m illio n
o f n o n c o m p e titiv e
w as
T h ese
A p r il 3 0
opened
n o n c o m p e titiv e
T en d ers
m illio n
1968.
m a tu r in g
r e c e iv e d
5 .6 6 5
m illio n ,
30,
b ills
F i n a n c i n g
o p e r a tio n s .
S w is s
o u t
w ere
G erm an
fr a n c s.
May 1968
1
F E D E R A L F I S CAL OP E RAT I ONS ,
T a b le
1.
-
S u m m a r y
o f
F is c a l
O p e r a tio n s
( in m i l l i o n s o f d o l l a r s )
Budget r e c e i p t s , e x p e n d it u r e s and le n d in g
F is c a l year
o r month
Net
r e c e ip ts
2/
N et
expend
it u r e s
S u r p lu s o r
d e f ic i t (-)
Means o f f in a n c in g - n e t t r a n s a c t io n s
Loan a c c o u n t 1 /
R e c e ip t- e x p e n d itu r e a c c o u n t
Loan
d is b u r s e
m ents
Loan
repay
m ents
y
B o rro w in g s from t h e p u b lic - F e d e r a l s e c u r i t i e s
N et
le n d in g
y
B udget
s u r p lu s or
P u b lic d e b t A gency
d e fic it(-)
s e c u r itie s
s e c u r itie s
In v e st
m ents o f
Govern
ment
a c c o u n ts
V
IMF
h o ld
in g s
y
T o ta l
b o rro w in g
from th e
p u b lic
y
1968 ( E s t . ) ....................
1969 ( E s t . ) ....................
1 5 5 ,8 3 0
1 7 8 ,1 0 8
1 6 9 ,8 5 6
1 8 2 ,7 9 7
- 1 4 ,0 2 6
- 4 ,6 8 9
2 0 ,8 6 9
2 0 ,3 7 2
1 5 ,0 9 1
1 7 ,1 0 6
- 5 ,7 7 9
- 3 ,2 6 5
- 1 9 ,8 0 5
- 7 ,9 5 4
2.0,810
1 1 ,8 7 7
7 ,4 4 8
4 ,5 9 7 r
7 ,8 0 9
9 ,1 7 4
-3 9 1
-7 0 0
2 0 ,8 4 0
8 ,0 0 0
1 9 6 8 -J a n u a r y .................
F e b r u a r y ...............
M arch......................
A p r i l ......................
May...........................
J u n e .........................
1 2 ,2 3 7
1 2 ,1 3 4
1 1 ,8 9 9
1 4 ,8 8 2
1 3 ,7 4 1
1 4 ,3 3 6
-2 ,6 4 5
- 1 ,6 0 7
- 2 ,4 3 7
1 ,8 9 0
1 ,7 1 8
1 ,8 6 7
1 ,3 0 1
1 ,0 3 0
1 ,2 5 6
-5 8 9
-6 8 8
-61 1
- 3 ,2 3 3
- 2 ,2 9 5
- 3 ,0 4 9
1 ,5 9 6
5 ,2 9 6
- 2 ,0 8 3
1 ,4 3 4
100
287
-9 1 9
1 ,5 3 3
-4 2 8
-1 4
-2 2 0
-2 0
3 ,9 6 3
4 ,0 8 4
- 1 ,3 4 8
1 0 3 ,5 6 2
1 2 8 ,0 3 8
- 2 4 ,4 7 6
1 4 ,3 7 1
1 0 ,7 5 4
- 3 ,6 1 8
-28,093
2 3 ,2 5 2
3 ,5 7 4
1 ,8 1 8
1-6 9 0
2 5 ,6 9 7
J u l y .........................
A u g u st....................
S ep tem b er.............
O c to b e r .................
N ovem ber...............
D ecem b er...............
F i s c a l 1968 t o d a t e .
1
Means o f f in a n c in g - n e t t r a n s a c t io n s
Changes in c a s h and m on etary a s s e t s
F is c a l year
o r month
W ith in
gen eral
accoun t o f
T rea su rer,
U. S .
W ith o t h e r
Government
o ffic e r s
(c o n t in u e d )
S e l e c t e d b a la n c e s , end o f p e r io d
(d e d u c t)
W ith
In te r n a
tio n a l
M onetary
Fund
F ederal s e c u r itie s
O th er
means o f
f in a n c in g
T o ta l
b u d g et
f in a n c in g
u
G e n e ra l
A ccou n t o f
T r e a s u r e r , P u b lic d e b t
s e c u r itie s
U. S .
I n v e st
m ents o f
A gency
G overn
s e c u r i t i e s ment
a c c o u n ts
IMF
h o ld
in g s
5/
H eld by
t h e p u b lic
6/
1968 ( E s t . ) . . .
1969 ( E s t . ) . . .
1 ,0 2 0
-1 7 3
1 9 6 8 - J a n u a r y ..
F ebruary.
M arch. . . .
A p r il. —
May.............
J u n e ..........
1 ,7 7 5 '
1 ,5 3 9
- 3 ,5 1 2
1 ,0 1 8
-1 7 3
-1 8
-2 1 9
1 9 ,8 0 5
7 ,9 5 4
8 ,7 7 9
8 ,6 0 6
3 4 7 ,0 3 1
3 5 8 ,9 0 8
2 5 ,8 9 9
3 0 ,4 9 5
7 9 ,9 9 3
8 9 ,1 6 7
2 ,9 3 7
2 ,2 3 7
2 9 0 ,0 0 0
2 9 8 ,0 0 0
2 1 ,6 3 9
-1 8 2
-5 3 3
768
14
220
-1 8 0
1 ,6 0 7
1 ,2 2 5
- 2 ,9 2 4
877
-5 6 4
1 ,4 7 2
3 ,2 3 3
2 ,2 9 5
3 ,0 4 9
8 ,8 2 1
1 0 ,3 5 9
6 ,8 4 7
3 4 6 ,2 5 9
3 5 1 ,5 5 6
3 4 9 ,4 7 3
2 2 ,0 2 7
7 4 ,5 3 1 r
7 6 ,0 6 4 r
7 5 ,6 3 5
2 ,8 7 8
2 ,6 5 8
2 ,6 3 8
2 9 0 ,4 8 9 r
2 9 4 , 57 4 r
2 9 3 ,2 2 6
575
109
-2 2 7
2 ,1 6 9
2 8 ,0 9 3
6 ,8 4 7
3 4 9 ,4 7 3
2 2 ,0 2 7
7 5 ,6 3 5
2 ,6 3 8
2 9 3 ,2 2 6
21,740
J u l y ..........
A u g u s t .. .
Sep tem b er
O c t o b e r ..
N ovem ber.
D ecem ber.
F i s c a l 1968 t o d a t e .
-9 1 2
S o u r c e : D ata shown on t h i s t a b l e a r e on t h e b a s i s o f b u d g et c o n c e p ts a d o p te d
p u r su a n t t o recom m en dations o f th e P r e s i d e n t ' s Com m ission on B udget
C o n c e p ts, a s u se d in th e 1969 Budget docu m en t. A c t u a l f i g u r e s a r e from
th e m o n th ly s ta te m e n t o f r e c e i p t s and e x p e n d itu r e s o f th e Governm ent;
e s t im a t e s a r e from th e 1969 Budget docum ent r e le a s e d J a n u a ry 2 9 , 1 9 6 8 .
1 / I n c lu d e s in v e s tm e n ts i n n o n -F e d e r a l s e c u r i t i e s .
2 / For c o n te n t s e e T a b le 2 .
3/ For content see Table 3.
Lj
5/
6/
7/
r
For c o n t e n t s e e T a b le 5 .
I n t e r n a t i o n a l M onetary Fund h o ld in g s c o n s i s t o f n o n - i n t e r e s t
b e a r in g s p e c i a l n o t e s .
D ata f o r p r io r y e a r s a r e b e in g d e v e lo p e d .
I n c lu d e s a c c r u e d i n t e r e s t p a y a b le on p u b lic d eb t s e c u r i t i e s ,
d e p o s i t fu n d s , m is c e lla n e o u s l i a b i l i t y and a s s e t a c c o u n t s ,
and s e ig n io r a g e .
R e v is e d .
2
T rea su ry B u l le t in
— — .FED ER A L FISCAL O P E R A T I O N S ---------Table 2. - Budget Receipts by Princi pal Sources
(In millions of dollars)
I n t e r n a l R evenue
F is c a l year
or month
I n d i v id u a l
N ot
w it h h e ld
W ith h eld
1 9 5 9 ...........................
1960...........................
1961...........................
1962...........................
29,001
3 1 ,6 7 5
3 2 ,9 7 8
36,246
Corpo
r a tio n
18,092
1 1 ,7 3 3
1 3 ,2 7 1
1 3 ,1 7 5
1 4 ,4 0 3
1 4 ,2 6 9
1 5 ,3 3 1
2 2 ,1 7 9
2 1 ,7 6 5
21,296
T o ta l
incom e
ta x e s
58,826
36,840
42,811
16,820
18,486
5 0 ,5 2 1
1 8 ,8 5 0
1968 ( E s t . ) ..........
1969 ( E s t . ) ..........
5 6 ,4 0 0
6 7 ,3 0 0
2 0 ,3 2 5
2 3 ,2 5 5
3 2 ,4 0 0
3 5 ,2 0 0
1 0 9 ,1 2 5
1 2 5 ,7 5 5
1 967-M ar..................
A pr..................
May..................
J u n e...............
4 ,1 5 7
3 ,5 9 1
4 ,9 8 7
4 ,2 0 4
859
6 ,2 1 6
701
3 ,0 7 1
6 ,7 2 8
4 ,2 9 5
1 ,0 6 5
9 ,3 2 8
J u l y ...............
A ug..................
S e p t ...............
O c t..................
N ov..................
D e c ..................
3 ,8 4 3
5 ,1 6 4
4 ,2 3 6
4 ,1 7 1
5 ,3 0 2
4 ,4 7 7
264
211
2 ,8 6 4
298
162
351
1 9 6 8 - J a n ..................
F e b .................
Mar.................
4-,352
5 ,8 0 1
5 ,5 0 8
F i s c a l 1968 t o
d a t e .........................
4 2 ,8 5 3
525
607
571
564
572
594
8 ,0 0 4
10,211
11,586
11,686
1 9 ,0 0 5
2 5 ,5 6 3
1 9 6 3 ...........................
1 9 6 4 ...........................
1 9 6 5 ...........................
...........................
1 9 6 7 ...........................
1966
For o l d - a g e ,
d is a b ility ,
F or r a i l
and h o s p i t a l ro a d r e
t ir e m e n t
in s u r a n c e
6 7 ,1 2 5
6 7 ,9 1 8
7 1 ,9 4 5
7 5 ,3 2 4
7 8 ,8 9 1
7 9 ,7 9 2
9 2 ,1 3 2
1 0 4 ,2 8 8
2 2 ,3 3 6
2 4 ,3 0 1
2 6 ,1 3 1
3 0 ,8 3 4
3 4 ,9 1 8
3 8 ,7 1 9
3 9 ,2 5 9
E x c is e t a x e s
Employment t a x e s
Income t a x e s
1 3 ,4 8 4
1 5 ,5 5 8
15,846
636
684
For un
em p loy
ment
in s u r a n c e
324
341
345
4 58
94 8
851
622
8 ,8 5 4
1 1 ,1 5 9
12,502
1 2 ,7 0 8
1 5 ,0 0 4
1 7 ,0 0 3
1 7 ,1 0 4
2 0 ,2 5 6
2 6 ,9 5 8
E sta te
and g i f t
ta x es
O th er
D ed u c t:
R efu n d s
T o ta l
in te r n a l
re v e n u e
9 ,3 6 2
9 ,4 6 1
2 ,7 4 6
3 ,0 9 4
3 ,0 1 4
4 ,9 0 7
5 ,0 2 4
5 ,9 4 8
6 ,2 3 5
6 ,5 3 6
7 ,1 1 5
5 ,9 9 1
7 ,2 1 1
9 ,5 1 0
7 4 ,8 9 1
8 6 ,7 5 0
8 8 ,4 5 3
9 3 ,2 0 6
9 9 ,3 9 0
1 0 5 ,1 4 6
1 0 8 ,4 4 3
1 2 1 ,6 6 9
1 3 8 ,8 6 4
9 ,6 2 9
1 0 ,0 2 8
3 ,1 4 0
3 ,4 4 0
1 0 ,7 0 0
1 1 ,1 6 1
1 4 3 ,6 9 3
1 6 5 ,0 7 5
326
355
348
936
697
919
945
270
352
445
196
2 ,1 9 7
2 ,3 1 6
2 ,3 8 6
8 41
1 3 ,7 0 8
1 6 ,3 1 8
9 ,1 1 8
1 9 ,8 1 7
873
662
733
8 76
928
822
2 07
308
199
23 4
193
2 10
253
247
190
175
191
168
8 ,2 1 8
9 ,8 4 8
1 4 ,3 3 5
8 ,0 5 1
9 ,4 7 1
1 1 ,8 2 0
4 95
2 ,1 7 1
2 ,6 4 2
2 ,9 2 3
3 ,0 8 0
3 ,4 0 5
3,646
3 ,7 8 2
4 ,0 3 7
4 ,6 5 2
8 ,5 8 9
1 ,3 5 3
9 ,1 4 1
9 ,6 7 2
1 0 ,0 0 5
1 0 ,3 0 4
1 ,9 1 6
2 ,0 3 5
2 ,1 8 7
9,222
11,011
1,626
2,416
567
603
2 6 ,5 2 9
3 0 ,4 9 4
866
957
621
659
2 8 ,0 1 6
1 1 ,7 4 3
1 4 ,1 0 2
6 ,7 5 3
1 6 ,6 0 2
2 ,2 7 4
3 ,1 4 2
2 ,9 0 4
2 ,4 9 0
72
11
125
74
8
4
4
2
2 ,3 5 3
3 ,1 5 7
3 ,0 3 3
2 ,5 6 6
94 6
642
4 ,0 3 2
913
588
4 ,2 2 4
5 ,0 5 3
6 ,0 1 7
1 1 ,1 3 2
5 ,3 8 1
6 ,0 5 1
9 ,0 5 2
1 ,9 5 7
2 ,5 1 5
2 ,0 3 5
1 ,3 8 1
1 ,9 7 7
1 ,4 9 9
12
129
70
8
129
1
2
1
1
1
2
1 ,9 7 0
2 ,1 0 6
1 ,3 9 0
2 ,1 0 7
1 ,5 6 5
369
463
355
345
383
339
3 ,8 0 0
1 ,1 0 0
697
9 /0
650
4 ,4 3 9
9 ,0 9 2
7 ,5 5 2
1 0 ,6 4 4
1 ,5 1 7
2 ,7 9 9
1 ,9 8 6
12
103
93
82
498
9
1 ,6 1 1
3 ,4 0 0
2 ,0 8 8
3 66
4 28
311
827
652
851
238
204
235
2 ,8 4 2
1 1 ,6 3 9
1 0 ,8 3 7
1 1 ,2 8 7
9 ,7 4 6
1 7 ,3 7 5
6 9 ,9 7 4
1 7 ,6 6 6
619
597
1 8 ,8 8 2
3 ,3 5 8
7 ,2 2 4
2 ,0 2 7
5 ,9 6 0
9 5 ,5 0 5
64
Custom
d u tie s
195 9
196 0
196 1
1 96 2
1 96 3
196 4
196 5
196 6
1 9 6 7 .....................................
948
1 ,1 2 3
1 ,0 0 8
1 ,1 7 1
1 ,2 4 1
1 ,2 8 4
1 ,4 7 8
1 ,8 1 1
1 ,9 7 2
110
162
161
155
158
156
152
148
146
539
708
8 24
9 47
1.,0 7 1
1,,253
1,,3 5 1
1.,5 5 4
2-,2 5 7
1.,7 0 1
2, ,1 6 7
2;,3 9 8
2, ,729
3 j,009
3:
3-,052
3 ;,0 6 7
2 c,9 1 7
1968 ( E s t . ) ....................
1969 ( E s t . ) ....................
2 ,0 7 2
2,142
144
142
2, ,6 0 0
3;,003
2 . ,9 0 0
2 . ,8 0 0
1967-M ar...........................
A pr...........................
May...........................
J u n e.........................
170
150
166
176
30
1
14
21
13
8
638
41
J u l y .........................
Aug...........................
O c t...........................
N ov...........................
D e c ...........................
160
178
163
179
193
160
1
6
30
1
7
28
3
675
32
10
518
16
1 9 6 8 - J a n ...........................
F eb ...........................
Mar...........................
181
158
168
1
10
24
15
485
12
36
299
18
li
46
1 ,5 4 2
106
1 ,7 6 7
1 ,6 1 1
441
O ld -a g e
s u r v iv o r s ,
d i s a b i l i t y and
h e a lt h
in s u r a n c e
Unemployment
in s u r a n c e
M e d ic a l
in s u r a n c e
f o r th e
aged
,483
4
4 ,9 0 3
603
2,646
1,400
jea era i
em p lo y ees
r e tir e m e n t
c o n t r i b u t io n s
M is c e lla n e o u s
r e c e ip ts
D ed u c t:
R efunds
N et
budget
r e c e ip ts
615
769
768
8 66
873
944
1,,0 0 6
1,,079
1,,1 2 6
1,,2 2 0
n .a .
n .a .
n .a .
n .a .
n .a .
n .a .
n .a .
n .a .
n .a .
26
20
28
31
36
34
38
45
71
n .a .
n .a .
n .a .
n .a .
n .a .
n .a .
n .a .
n .a .
n .a .
714
895
1,,335
1,,3 8 0
2 ,4 4 3
2 ,7 4 4
72
72
1 5 5 ,8 3 0
1 7 8 ,1 0 8
25
133
8 57
29
53
52
45
54
105
97
104
1 06
n .a .
n .a .
n .a .
n .a .
6
6
6
7
n .a .
n .a .
n .a .
n .a .
103
613
63
38
51
44
51
53
47
49
111
116
103
105
110
1 02
n .a .
n .a .
n .a .
n .a .
n .a .
n .a .
9
10
6
5
6
5
n .a .
n .a .
n .a .
n .a .
n .a .
n .a .
98
1 07
1 77
204
244
5
3
7
1 2 ,2 3 7
1 2 ,1 3 4
1 1 ,8 9 9
995
1 ,6 5 1
55
1 0 3 ,5 6 2
,042
401
39
S o u rce:
Data shown on t h i s t a b l e a r e on t h e b a s i s o f b u d g et c o n c e p t s a d o p ted
p u r su a n t t o recom m en d ation s o f th e P r e s i d e n t ' s C om m ission on B udget
C o n c e p ts, a s u se d in t h e 1969 B u d get d ocum ent.
E s t im a t e s a r e from t h e
32,110
In su r a n c e
premiums
D e p o s i t s by S t a t e s
F i s c a l 1968 t o
Highway
R evenue
A ct
793
R a ilr o a d
Unemployment
I n su r a n c e
A ct
F is c a l year
or month
T o ta l
em p loy
ment
ta x es
140
1969 B u d get docum ent r e le a s e d Ja n u a ry 2 9 , 1 9 6 8 .
L ess th a n # 5 0 0 ,0 0 0 .
n .a .
Not a v a i l a b l e .
M ay 1 9 6 8
FEDERAL FISCAL OPERATIONS
INTERNAL
REVENUE
C O L L E C T I O N S B Y PRINCIPAL S O U R C E S
1954 '56
’5 8
'6 0
’6 2
'6 4
'66
’6 8
Source.- InternalRevenue Service collectionreports andMonthlyStatementofReceipts andExpenditures of the U.S. Government. Forexplanationofdifference
inreportingbasisfrombudgetreceipts through1954, see theTreasuryBulletinforJuly1962, p. 80, andintheAnnualReportoftheSecretaryoftheTreasury
for 1962, p. 599.
*Beginningwiththe fiscalyear1955, includes undistributeddepositaryreceiptsandunappliedcollections.
*Includedin"Excise Taxesnabove. Currentyearcollectionsof "AlcoholandTobacco Taxes" andprecedingyearcomparableperiods (derivedfromInternal
Revenue Service colleciionreports), lagbehindtotalexcise taxfigures byonemonth.
Office of the Secretary of the Treasury
B-I65-X
4
T reasury B u lletin
— FEDERAL FISCAL OPERATIONS___
T a b le 3.
-
B udget
O u tla y s
by
A g e n c ie s
(In millions of dollars)
Fiscal year
or month
Legis
lative
Branch
Judi
ciary
Executive
Office
of the
President
Funds appropriated
to the President
Net
exp.
Net
lending
Agriculture Department
Total
Net
exp.
Net
lending
Commerce Department
Total
Net
exp.
Net
lending
Total
782
853
1/
1968 (E st.).....................
1969 (E st.).....................
274
285
95
102
32
33
5,062
5,424
14
x
5,076
5,424
6,556
6,790
150
378
6,705
7,167
737
795
45
58
1968-January...................
22
25
8
6
7
8
3
3
2
379
312
523
1
3
1
379
315
524
462
400
761
30
96
16
492
495
777
80
66
-4
14
3
182
61
20
3, 548
11
3; 55?
5,528
237
5,7 o5
524
33
April.......................
May...........................
June.........................
X
81
80
July.........................
August.....................
September................
December..................
Fiscal 1968 to date...
Fiscal year
or month
Health, Education, and
LJol Tq T^Dr>QT»+.TnDri+
Defense Department
Military
Net
exp.
Net
lending
Total
Civil
2/
Net
exp.
Net
lending
Total
Hpusing and Urban
nDTrolnrman+ riorarfmant
557
Interior Department
Net
exp.
Net
lending
Total
Net
exp.
Net
lending
Total
Justice
Depart
ment
1/
1968 (E st.).....................
1969 (E st.).....................
73,694
76,658-
1968-January...................
6,891
6,164
6,069
April.......................
May...........................
x
-1
73,695
76,657
1,378
1,343
40,787
45,889
72
-119
40,859
45,769
985
1,756
3,56^
1,460
4,551
3,216
758
911
21
12
779
923
444
555
101
79
75
3,233
3,298
3,559
14
18
22
3,247
3,316
3,581
142
32
50
365
328
305
507
360
355
114
-75
-346
1
1
6,891
6,163
6,069
2
115
-74
-344
34
35
36
56,345
999
29,195
84
29,279
507
2,541
3,048
328
14
342
311
July.........................
August.....................
September................
November..................
December..................
Fiscal 1968 to d a te....
56,350
Footnotes at end of table.
-5
(Continued on following page)
M ay 1 9 6 8
5
_________ FEDERAL FISCAL OPERATIONS
T a b le 3.
-
B udget
O u tla y s
by
A g e n c ie s -(C o n tin u e d )
(in millions of dollars)
Treasury Department
Fiscal year
or month
Labor
Depart
ment
Post
Office
Depart
ment
State
Depart
ment
1,087
767
4-28
439
169
65
86
Trans
portation
Department
General Services Adm.
Net
exp.
14,461
15,425
2,333
2,546
435
534
-46
-41
389
493
4,803
4,573
-2
1
32
19
32
372
395
410
310
3,469
Interest
on public
debt 3 /
Other
5,753
6,282.
14,350
15,200
111
225
34
35
8
445
391
427
1,262
1,206
1,275
-12
13
28
*
1,250
1,219
1,303
197
210
191
34
18
32
368
4,515
10,720
-215
*
10,505
1,820
312
Net
lending
National
Aero
nautics
and Space
Adm.
Atomic
Energy
Com
mission
Net expenditures
Total
Net
lending
Total
1/
1968 (E st.)................
1969 (E st.)................
3,876
3,800 2ji
1968-January..............
February............
March.................
April.................
May.....................
June...................
373
363
338
July...................
August................
September..........
October..............
November............
December............
Fiscal 1968 to date.
2,515
822
Veterans Administration
Fiscal year
or month
Net
exp.
Net
lending
Total
Other independent agencies
Net
exp.
Net
lending
Total
Undistributed
interfund
receipt
transactions U
Purchase and
sale of FHLB
and FLB
securities
Net exp.
Net lending
-1
Totals
Net
exp.
Net
lending
Total
5,779
3,265
175,635
186,062
1/
1968 (E st.)................
1969 (E st.)................
February............
March..................
April..................
May.....................
June...................
6,768
7,113
370
268
7,139
7,382.
3,598
3,763
1,587
1,365
5,185
5,127
-4,590
-5,048
-
5/
5/
570
575
581
25
23
25
595
598
606
149
310
349
127
181
228
276
490
577
-177
-183
-129
28
25
9
14,882
13,741
14,336
589
688
611
15,471
14,429
14,947
4,953
226
5,179
3,269
1,008
4,277
-530
128,038
3,<?18
131,655
169,856 6/
182,797 7/
July....................
August................
September..........
October..............
November............
December............
Fiscal 1968 to date.
Source: See Table 1.
1/ Data for prior years are being developed.
2 / Includes net lending.
2/ Reported on an accrual basis.
lj See Table 4*
-2,061
j>/
6/
7/
*
Estimates are distributed by agency and included under ’’Net lending."
Includes undistributed allowances of $100 million.
Includes $1,600 million for civilian and military pay increase
and $350 million for undistributed allowances.
Less than $500,000.
6
T reasury B u lle tin
.^ —
—
T a b le 4.
.F E D E R A L
F IS C A L
- U n d is tr ib u te d
O P E R A T IO N S — — ^ —
In te r fu n d
R e c e ip t T r a n s a c t io n s
(in millions of dollars)
Fiscal year
or month
Federal employer contributions to retirement funds
Defense
Civil Service
State
Department
Commission
Department
Soldier’ s
Foreign Service Civil Service
Home
Other
Total
Retirement
and
Retirement and
Permanent
Disability Fund Disability Fund
Fund
2
2
1 9 5 9 .....................................
I 960 .....................................
1961 .....................................
1962 .....................................
_
-
668
697
890
19 6 3 .....................................
1 9 6 4 .....................................
196 5 .....................................
1 9 6 6 .....................................
1 9 6 7 .....................................
3
3
3
3
4
4
4
1 ,1 1 5
1 ,1 6 4
1 ,2 6 4
(E st.)............
(E st.)............
4
5
1 ,3 9 0
1 ,4 3 7
*
1967 -March..............
*
102
*
*
1968
1969
896
951
1,042
%
April..............
May..................
June................
x
-x
x
x
x
94
670
1,268
3
3
3
3
3
3
3
3
3
1 ,9 1 3 1 /
2 ,0 0 7 1 /
3
3
103
95
1
1
1
1
699
893
899
954
1,046
1 ,1 1 9
1 ,1 6 9
-x
-x
101
x
102
103
*
104
July................
August............
September.. . .
October..........
November........
December........
1968 -January..........
February........
x
x
120
-x
-x
120
Fiscal
1968
to date
Fiscal year
or month
X
114
137
107
#
*
156
100
-x
*
#
138
104
105
3
1 ,0 4 9
Interior
Department
Indian
Tribal
Funds
-X
X
X
-x
*
*
*
114
107
107
156
100
138
104
106
1 ,0 5 3
Interest credited to certain Government accounts
Health , Education, and Welfare Department
Federal Old-Age
Federal
Federal
and Survivors
Disability
Hospital
Insurance
Insurance
Insurance
Trust Fund
Trust Fund
Trust Fund
543
48
6.1
530
539
512
539
583
70
70
68
_
_
_
1
!I
65
588
725
891
982
7
46
15
80
125
68
20
131
21
2
2
36
277
4
1
i
i
22
18
10
1
2
24
5
x
11
2
2.
*
1
2
33
35
334
3
29
12
1
23
2
491
_
_
60
66
9
1
1
2
9
*
X
1
X
9
2
*
*
X
1
4.9
- (continued)
Civil Service
Railroad
Commission
Retirement
Civil Service
Retirement and Board
Disability Fund
19
!
i
25
1
5
1
8
Interest credited to <
certain Government accounts
Labor
Transportation Veterans Administration
Department Department
Government
National
Life
Service
Insurance
Life
Highway
Unemployment
Fund
Insurance
Trust Fund
Trust Fund
Fund
_
_
_
_
_
_
34
516
Federal
Supplementary
Medical
Insurance
Trust Fund
12
32
Other
Total
Grand
total
2
2
2
2
2
2
2
2
2
1,323
1,337
1,414
1,433
1,477
1,613
1,769
1,907
2,284
1,993
2,036
2,306
2,332
2,431
2,658
2,889
3,076
3,552
2,678
3,042
4,590
5,048
23
54
90
1,367
125
148
192
1,471
33
79
29
62
89
576
153
193
136
170
245
676
1959.........................
1960.........................
1961.........................
1962.........................
1963.........................
1964.........................
1965.........................
1966.........................
1967.........................
6
7
7
7
8
7
8
10
9
187
188
204
173
191
213
255
309
384
14
2
2
7
14
20
11
8
14
39
39
38
36
35
34
34
33
30
169
172
175
174
175
176
182
191
200
220
251
280
316
362
420
482
546
625
109
110
111
107
105
130
143
150
163
1968 (E st.)........
1969 (E st.)............
5
3
430
472
25
44
33
33
215
220
715
810
180
190
1967-March..............
April..............
May..................
*
*
4
16
18
140
1
1
1
6
X
x
X
29
1
3
1
188
2
3
19
545
2
5
8
115
4
17
5
13
18
161
4
*
X
X
X
X
4
X
1
1
1
2
X
XX
5
1
1
5
19
3
4
21
7
8
20
1
2
8
2
4
8
4
5
19
4
1
2
3
3
2
4
1
1
2
x
x
-X
2
X
-x
X
-X
tf
-x
4
9
2
X
X
X
38
79
24
176
183
129
246
19
5
16
87
43
*
1,008
2,061
17
July................
August............
September.. . .
October..........
November........
December........
1968-January..........
February........
Fiscal 1968 to date
Source:
1/
3
*
*
■x
*
*
X
2
6
See Table 2.
Includes $527 million in fiscal 1968 and $575 million in fiscal
1969 for Federal employer contributions to social security trust
7 2/
10 2 /
funds.
2 / Includes $5 million in fiscal 1968 and $8 million in fiscal 1969 for
Federal ship mortgage insurance escrow fund.
*
Less than $500,000.
M ay 1 9 6 8
7
_____________________________________ FEDERAL FISCAL OPERATIONS_____________________________________
T a b le 5.
- In v e s tm e n t T r a n s a c tio n s
of
G overn m en t A cco u n ts
in
F e d e r a l S e c u r itie s
(N e t)
(In millions of dollars)
Health, Education and Welfare Department
Federal
Fiscal year
or month
Survivors
Insurance
Trust Fund
Federal
Disability
Insurance
Trust Fund
Federal
Hospital
Insurance
Trust Fund
553
494
285
21
-129
-137
-263
-413
296
_
786
497
_
479
1968 (E st.)..
1969 (E st.)..
-1,286
-722
-203
-1,097
-822
692
458
-858
3,741
2,182
2,531
563
1,017
862
1,070
-143
-19
1967-Mar........
Apr........
May........
June. . . .
-91
247
1,869
433
31
37
125
17
-130
52
138
311
July----Aug........
Sept.. . .
O ct,,,.
Nov........
Dec........
-31
1,267
-419
-163
64
119
-928
702
-117
18
67
17
16
-22
8
-25
5
-15
-54
-96
-30
62
-36
-71
29
-48
25
-68
7
26
-12
-103
93
104
77
57
10
-27
-23
-24
495
197
-70
-143
1959...............
I960...............
1961................
1962................
1963...............
1964...............
1965................
1966...............
1967................
1968-Jan ,,.
Feb ,,,
Mar........
Fiscal 1968
to date. . . .
Trans
portation
Department
Fiscal year
or month
Highway
Trust Fund
3
-3
_
_
_
_
-
*
_
x
_
_
_
-
53
64r
97
-32
36
138
194r
-129
45
_
25
50
62
14
16
8
80
108
-233
-22
-12
-2
_
24
-17
14
-8
-1,009
-41
-950
72
453
582
967
1,468
1,156
90
103
477
349
-
-13
7
943
1,001
-185
-225
722
-150
13
3
14
25
7
20
74
-3
22
-66
-1
66
81
43
5
46
-
-2
-1
-5
3
-1
-2
-4
-2
8
-8
17
1
9
16
57
61
8
2
-2
15
-6
1
-207
286
-232
108
381
-5
1
607
-1
-
-
Unem
ployment
Trust Fund
*
-98
545
53
-97
249
107
Other
*
x
*
-X
*
#
_
-X
_
_
_
_
#
tf
Other independent agencies
Other
Civil
Service
Commission
tt
ExportImport
Bank of
the
United
States
-
Farm
Credit
Adminis
tration
Federal
Deposit
Insurance
Corporation
Federal
Savings
and Loan
Insurance
Corporation
Railroad
Retire
ment
Board
All
other
Total
V
17
18
34
229
269
244
208
204
212
-35
264
-78
-63
1
69
149
154
173
41
72
-16
-13
-5
-8
*
30
-30
-775
818r
610
654r
1,438
2,886
2,467
3,250
9,042
299 3/
51 3 /
7,809
9,174
82
1
1
-2
3
-1
124
134
148
154
161
183
180
227
238
138
138
37
107
1,382
1,438
-82
-
7
11
265
273
396
397
219
413
822
-112
9
-80
-54
-23
-4
161
-10
#
-1
31
32
-48
70
536
-108
-12
73
109
_2
2
-2
4
25
-
27
7
29
91
17
-104
556
99
2
#
-18
3
839
-237
3,639
1,665
4
2
36
7
4
14
-8
-9
-10
88
*
1
-X
1
-2
89
95
110
36
141
39
-95
37
-53
-51
-5
-23
*
*
-132
2,074
-545
-303
268
278
111
62
31
36
-5
32
3
27
72
103
-
13
22
0
13
28
12
2
-1
-2
-18
-63
-
-
36
186
3
56
-133
-280
117
-207
34
48
22.
-273
-1
42
7
-47
-41
-34
*
-*
4
-919
1,533
-428
11
-617
40
86
713
-82
36
232
141
-312
-1
1,818
1968 (E s t.)...
1969 (E s t.)...
186
285
1967-Mar..........
Apr..........
May..........
June........
354
-19
98
140
July
Aug..........
Sept........
Oct..........
Nov..........
-91
106
-26
-2.00
38
-42
1968-Jan..........
Feb..........
Mar..........
2/
_
-
Public
Housing
Programs
1,014
916
1,119
1,093
1,143
1,189
1,249
1,121
1,078
-393
-428
233
2.02
242
-69
-344
-28
484
Source:
1/
_
Federal
Housing
Adminis
tration
Federal National
Mortgage Assn.
Partici
pation
Other
1/
Sales
Fund
-2
-13
-61
-12
-24
6
40
-70
1959..................
1960..................
196.1...... ..........
1962..................
1963..................
1964.................
1965..................
1966..................
1967.................
Fiscal 1968
to date..........
Metro
politan
Develop
ment
Other
Veterans
Administration
National
Treasury
Service
Department Life In
surance
Fund
76
51
62.
-31
-15
-44
25
44
-90
83
69
165
126
-59
388
204
723
-109
Labor Department
Housing and Urban Development Department
Federal
Supple
mentary
Medical
Insurance
Trust Fund
1 2/
1 2/
See Table 2.
Prior to January 1968 excludes Defense family housing
mortgages.
Excludes Exchange Stabilization Fund.
5
2
5
x
*
3/
U
*
-4
Includes Federal Ship Mortgage Insurance Escrow Fund, Maritime
Administration, Department of Commerce.
See footnote 1.
Less than $500,000.
r
Revised.
T reasury B u lle tin
.FEDERAL FISCAL OPERATIONS_
T a b l e 7.
- Su m m ary
of
In te rn a l R even u e
C o lle c tio n s
by
S t a te s , C a le n d a r Y e a r
1967
(in thousands of dollars)
States, etc.
1/
Total
collections
Total
Individual income and employment taxes
Income tax
Individual
withheld and
income tax
old-age,
Railroad
not withheld disability
retirement
and hospital
2/
insurance
Unemployment
insurance
781,119
88,642
445,648
368,039
10,124,090
198,748
16,899
128,400
125,495
2,157,526
567,241
71,251
314,548
239,703
7,841,060
Colorado..........................................................
Connecticut...................................................
Delaware..........................................................
Florida............................................................
Georgia............................................................
990,782
97,206
513,976
4.68,139
13,274,395
1,696,140
2,732,092
1,031,060
2,492,845
2,160,487
1,396,225
1,958,097
529,763
1,914,146
1,506,937
184,538
455,058
109,858
622,509
302,228
Hawaii.................................................... .........
Idaho................................................................
Illin o is..........................................................
Indiana............................................................
Iowa..................................................................
366,958
285,179
11,625,941
3,458,703
1,137,037
296,062
232.807
7,821,448
2,490,124
877.521
59,577
54,834
1,485,835
442,526
302,036
1,200,359
1,482,096
416,520
1,257,904
1,192,951
234,857
176.117
6,164,498
2,035,549
568,780
Kansas..............................................................
Kentucky..........................................................
Louisiana........................................................
Maine........................... ....................................
Maryland y ....................................................
940,788
2,210,274
1,345,689
368,058
3,560,747
725,422
755,429
1,034,595
292,089
2,722,680
4,221,878
10,552,909
2,497,742
455,871
3,652,891
5,824
10,202
45,020
551
43,559
3,542
4,590
5,842
1,893
10,993
18,036
35,143
10,415
2,731
15,052
Montana.......................................................... .
Nebraska........................................................ .
Nevada.............................................................
New Hampshire.............................................. .
New Jersey.................................................... .
211,531
826,415
250,443
347,277
5,073,718
3,039,257
5,672,026
1,773,176
376,214
2,510,154
174,021
621,803
201,583
285,497
3,424,211
456,868
520,374
739,297
214,393
2,151,345
2,391,846
4,713,727
1,398,742
251,707
1,983,626
46,741
14,798
945
4,034
77,142
Massachusetts................................................
Michigan........................................................ .
Minnesota...................................................... .
Mississippi.................................................. <
Missouri........................................................
218,272
215,667
288,511
71,769
483,199
623,550
912,954
318,999
121,225
467,917
61,327
167,994
52,460
60,059
796,941
111,538
414,512
147,898
223,565
2,590,478
261
36,298
1
64
4,202
New Mexico.................................................... .
New York........................................................
North Carolina.............................................
North Dakota................................................
Ohio................................................................
296,939
26,745,840
3,263,377
159,796
8,977,677
256,656
16,646,982
1,405,327
140,023
5,936,063
194,436
13,602,227
1,079,969
85,668
4,849,776
Oklahoma........................................................
Oregon............................................................
Pennsylvania................................................
Rhode Island.................................................
South Carolina............................................
1,399,896
959,133
9,157,956
705,515
722,428
802,724
778,750
6,421,957
516,654
555.522
60,889
2,820,429
312,296
53.647
1,012,539
208,126
189,137
1,166,133
92.648
132,056
South Dakota................................................
Tennessee......................................................
Texas............................... .............................
Utah................................................................
Vermont..........................................................
170,222
1,400,717
5,860,342
346,519
169,803
2,227,568
1,823,939
486,602
2,731,173
102,543
141.808
1,075,729
3,834,766
276,277
135.109
1,376,791
1,449,337
391,919
1,830,878
86,369
512,761
408.109
-6,242
183,517
54,014
292,736
1,087,868
57,727
36,985
322,332
332,772
106,763
371,926
32,894
87,059
773.117
2,709,813
215,417
96,159
998,756
1,107,280
280,856
1,446,919
53,045
280,303
463,421
-6,242
183,517
7
119,010
1,294
25
39,304
71
3,760
111,767
70
153
2
2,229
13,089
1,566
1,210
Alabama............................................................
Alaska..............................................................
Arizona............................................................
Arkansas..........................................................
California......................................................
Virginia........................................................
Washington...................................................
West Virginia................................... ...........
Wisconsin......................................................
Wyoming..........................................................
International 6 /.........................................
Undistributed depositary receipts 7 /..
Transferred to Government of Guam 8 /..
Withheld taxes of Federal employees 2 /
Unprocessed Federal tax deposits..........
Gasoline, lubricating o il, and excess
FICA credits 10/.......................................
653,704
762,840
-6,242
183,517
3,199,984
Total............................................................
151,827,687
478,728
227,944
589,451
581,034
5,102,333
420,625
418,919
9,498
#
140
286
71,663
7,020
10,004
5
22,602
1,952
7
347
122,544
1,217
2,065
47,422
638
60
470
5
1,430
-55,312
5,632
492
2,561
2,555
53,841
4,307
10,940
3,380
11,131
9,805
1,621
1,509
48,572
10,833
4,640
Corporation
income
taxes 2/
163,072
6,252
46,042
63,485
1,816,101
Other
U
137.234
517,375
467,818
361,372
403,999
52,990
41,645
2,676,630
527,173
201,479
46,591
2,312
22,286
36,614
1,334,204
162,681
256,620
33,479
217,327
249,551
17.906
10,727
1,127,863
441,406
58,037
158,941
229,278
214,516
56,713
396,196
56,425
1,225,567
96,578
19,257
441,872
895
2,998
1,224
1,809
32,590
870,284
2,809,484
556,926
62,596
732,053
28,332
115,425
30,520
50,255
1,150,139
312,337
2,071,398
167,641
17,060
410,684
9,178
89,187
18,340
11,525
499,369
1,324
105,315
11,768
683
34,443
5,077
4,819
41,725
3,312
4,393
24,375
8 , 205,402
591,719
12,047
2,056,231
264,717
138,745
1,692,533
151,161
130,598
733
7.646
23,997
1,567
754
8,282
8.647
4,241
11,563
425
17,801
255,466
1,091,070
50,230
21,435
15.907
1,893,456
1,266,331
7,726
985,383
332,456
41,638
1,043,466
37,699
36,309
10,612
69,522
934,506
20,012
13,259
3,085
301,543
217,079
65,942
652.234
7,089
56,652
549,234
157,523
28,741
248,062
9,085
84,291
354,731
3,199,984
408,699
100,005,310
Source: Internal Revenue Service.
1 / Collections in the various States do not necessarily indicate the
Federal tax burden of the respective States, since the taxes collected
in one State are, in many instances, borne by residents of other
States. For example, the withholding taxes reported by employers
situated in metropolitan areas near State boundaries include amounts
withheld ftom salaries of employees who reside in neighboring States.
2 / Includes old-age, disability, and hospital insurance taxes on selfemployment income.
2/ Includes tax on unrelated business income of exempt organizations.
lj Consists of estate, g ift, and excise taxes; excise tax receipts
•deposited by postmasters from sales of documentary stamps;
excise taxes on imported items deposited by collectors of customs;
and amounts collected on Puerto Rican products coming into the
408,699
20,887,472
Hi
U
9/
10/
77,687,206
827,260
603,372
70,029
34,218,407
17,603,970
United States.
Includes District of Columbia collections.
Consists of collections from U. S. taxpayers in Puerto Rico, Canal
Zone, etc., and in foreign countries.
The amount of undistributed depositary receipts consists of all those
issued during the calendar year minus those received with tax returns
which are included in the State totals.
Withheld taxes covered into the Treasury of Guam (48 U.S.C. 1421h).
Net transactions in the clearing account on the central books of
the Treasury for income taxes withheld from the salaries of Federal
employees.
Represents credits allowable on income tax returns for certain
gasoline and lubricating oil tax payments and for excess Social
Security payments under the Federal Insurance Contributions
Act (FICA).
*
Less than $500.
M ay 1 9 6 8
9
—
— — FEDERAL FISCAL opw.p atto n .s
T a b le 8.
- F ed era l O ld -A g e a n d S u r v iv o r s In su r a n c e T r u s t F u n d
1/
(In millions of dollars)
Receipts
Fiscal year
or month
Total 2/
1937-58.............................................
1959..................................................
1960..................................................
1961..................................................
1962..................................................
1963..................................................
1964..................................................
1965..................................................
1966..................................................
1967..................................................
60,921.1
8,108.7
10,360.0
11,823.9
12,011.0
13,855.7
16,043.4
16,416.5
18,460.8
23,371.2
54,667.3
7,084.0
9,192.4
10,537.2
10,600.0
12,351.2
14,335.1
14,572.4
16,473.5
20,731.6
1968 (E st.).....................................
1969 (E st.).....................................
24,005.0
27,187.8 8/
Appropriations
y
Expenditures other than investments
Deposits by Net earnings
States Lj
on investments
21, 003.0
23,602.0
1,202.1
481.1
650.3
755.4
869.6
989.6
1,166.6
1,257.9
1,392.4
1,835.4
2,033.0
■2 , 300.0
4,999.9
543.0
516.4
530.2
539.0
512.4
539.0
583.1
588.2
725.3
891.0
982.0
Total
38,107.8r
9,376.6r
11,069.4**
11,730.2r
13,278.7r
14,530.7r
15,283.9r
15,965.Or
I8,769.8r
19,728.9r7 /
Payments to Rail
road Retirement
Accounts 6 /
Benefit
payments
21,650.4r
24,680.9 7/
36,841.5r
9,045.9r
10,266.4r
11,162,4r
12,666.4r
13,845. 6r
14,578.4r
15,229.Or
I8,072.2r
18,886.6r
20,742.Or
23,711.0
1967-April.......................................
May...........................................
June.........................................
2,582.0
2,926.3
2,317.5
2,557.0
2,347.0
2 , 040.1
3.7
543.1
.2
21.3
36.3
277.2
1,641.5r
2,154.2
l,680.4r
1,609.3r
1,624.4
1 ,643 •4**
July.........................................
August.....................................
September...............................
October...................................
November.................................
December.................................
1,665.3
2,658.1
1,616.3
1,159.1
2,059.3
1,559.3
998.6
2,598.9
1,410.3
1,578.0
2,027.0
1,641.0
1,126.4
1,595.0
1,212.0
995.6
2,117.4
1,466.5
-.3
606.7
-36.3
.1
429.7
12.9
-9.1
458.1
-64.2
9.6
24.4
11.4
32.7
34.6
334-4
12.0
23-4
8.0
1,663.Or
1,654.1
1,647.3
1,653.0
1,711.0
1,683.3
1,683.6
1,712.9
1,926.2
1,629.9r
1,626.5
1,613.1
1,641.0
1,649.7
1,638.5
1,636.1
1,674.5
1,890.9
207,097.4
184,303.7
11,997.9
10,567.3
1937 to date 9 / .............................
183,175.3
Construc
tion 10/
1.9
11.6
12.5
1.8
3.1
1.7
2.6
•■3
1.5
1.2
1968 (E st.).....................................
1969 (E st.).....................................
6.1
14.4
1967-April.......................................
May...........................................
June.........................................
.1
.3
.1
July.........................................
August.....................................
September...............................
October...................................
November.................................
December.................................
.2
.1
-x•4
*
•4
1937 to date 9 / .............................
_
508.0
-
"
3,630.1
Assets, end of period
Net increase,
or decrease
Reimbursement
Reimbursement (-) from (-) , in
Bureau
of
assets
to general
Federal Disability In
0ASI 12/
fund 11/
surance Trust Fund
Administrative expenses
1937-58............................................
1959..................................................
1960..................................................
1961..................................................
1962..................................................
1963..................................................
1964..................................................
1965..................................................
1966..................................................
1967..................................................
1968-January...................................
February.................................
March.......................................
450.0
512.0
175,594.5
Expenditures, etc. - (Continued)
Fiscal year
or month
_
124.4
600.4
331.7
360.8
422.5
402.6
435.6
443.8
508.0
.3
.1
.5
40.5
464.6
39.0
39.4
43.8
45.3
48.5
51.7
52.4
49.9
57.4
58.3
60.0
809.2
173.2
179-3
223.6
263.5
275.4
312.4
322.8
443.0
289.6
-9.1
-17.5
-28.8
-33.2
-60.3
-62.9
-63.8
-75.1
- 240.6
- 14.0
363.1
388.2
30.7
-5.4
2.4
4-4
4-4
3.6
3.7
3.7
6.5
4-5
4.5
29.7
17.0
32.5
29.2
23.8
30.6
5.1
56.7
9.0
_
30.7
4.8
4.7
4.7
932.5
42.4
33.6
30.0
3,552.0
-574.7
Source: See Table 1.
l / Includes transactions under the predecessor Old-Age Reserve Account.
2/ Total includes: $15.4- million transferred from general ^ind for
administrative and other costs of benefits payable to tor/ivors of
certain World War II veterans (60 Stat. 979 and 64 Stat. $12); $35*4
million (1937-58), paid from the Railroad Retirement Account; beginning
November 1951, small amounts in the nature of recoveries from expend
itures incidental to the operations; beginning 1958, interest payments
from Federal Disability Insurance Trust Fund and sale of waste paper;
and $78 million for FY 1967, July 1967, FY 1968 est. and FY 1969 est.
2 / Includes unappropriated receipts from January 1962 to June 1965.
jj To cover employees of States and their political subdivisions, under
the Social Security Act Amendments of 1950 (42 U.S.C. 418).
y Includes adjustment of investments to par value in the applicable year.
6 / See Table 12.
7/ Excludes disbursements for investments in non-Federal securities.
8 / Includes $225.5 million for Federal payment for benefits for certain
-
_
2/
10/
11/
12/
*
r
Total
Investments
5/
Unexpended
balance
y
22,813.4r
-l,267.9r
-709.4r
93.8r
-1,267.8r
- 675.lr
759.5r
451.5r
-309.Or
3 ,642.3r
2,354.7r
2,506.9
22,8l3.4r
21,545.5r
20,836.Or
20,929.8r
19,662.Or
18,986.9r
19,746.5r
20,198.Or
19,889.Or
23,531.3r
21,765.Or
20,478.5r
19,756.2r
19,552.9r
I8,455.5r
17,633.Or
18,325.5r
I8,783.2r
17,925.4r
21,780.Or
25,885.9
28,392.8
23,961.9
26,378.8
1 , 048.4
1,067.0
1,079.9
1,376.8
1,206.5
1,353.9
1,421.0
1,414.8
1,963.6
1,751.3
1,924.0
2,014.0
940.5r
772.1
637.lr
2.3r
1 , 004.0
- 31.0
-493.9
348.3
- 124.0
22,122.lr
22,894-2r
23,531.3r
23,533.6
24,537.7
24,506.6
24,012.7
24,361.1
24,237.0
19,427.3r
21,296.7r
21,780.Or
21,749.4
22,998.4
22,549.5
22,360.5
22,424.3
22,528.6
2,694.7
1,597.5
1,751.3
1,784.2
1,539.2
1,957.1
1,652.2
1,936.7
1,708.4
23,552.0
24,438.0
23,922.1
23,922.1
21,600.7
22,302.5
22,185.7
22,185.7
1,951.5
2,135.5
1,736.4
1,736.4
-685.0
885.9
-515.9
23,922.1
uninsured persons.
Includes adjustments to monthly statement basis.
Construction and equipment of office buildings for the Bureau (Public
Law 170, approved July 31, 1953 (67 Stat. 254))Under the Social Security Act, as amended (42 U.S.C. 401 (g) ( l ) ) , for
administration of Titles II and VIII of that act and related parts of
the Internal Revenue Code (26 U.S.C. 480-482, 1400-1432). See also
footnote 12.
Salaries and expenses of the Bureau of Old-Age and Survivors Insurance
are paid directly from the trust fund beginning 1947, under provisions
of annual appropriation acts until passage of the Social Security Act
Amendments of 1956 (42 U.S.C. 401 (g) ( l ) ) ; previously these expenses
were included ..in reimbursements to the general fund. Beginning
July 1966 payments of salaries and expenses for the Social Security
Administration are charged directly to each trust fund.
Less than $50,000.
Revised.
T reasury B u lle tin
10
FEDERAL FISCAL OPERATIONS,
T a b le 9. - F ed eral D is a b ility In s u r a n c e T r u s t Fund
(In millions of dollars)
Receipts
Fiscal year
or month
Total
Appro
priations
y
1957-58.
1959....
1960___
1961....
1962....
1963----1964....
1965....
1966___
1967___
1,281.1
928.7
1.061.5 7 /
1.083.5
1,091.8
1,145.3
1,210.8
1.240.5
1,616.2
2 ,332.08/
1968 (E st.)..
1969 (E st.)..
2,838.310/
3,655.010/
1967-Apr........
May........
June. . . .
July----Aug........
Sept.. . .
Oct........
Nov........
Dec........
1968-Jan........
Feb........
Mar........
1957 to date.
1,196.2
836.9
928.9
.953-3
944-5
993.8
1,056.9
1,082.0
1,442.3
2,066.2
2.499.0
3.203.0
256.0
259.0
231.0
272.7
190.2
227.5
156.0
173.7 8 /
230.0
199.0
166.0
195.5
111.2
107.1
157.0
194.7
118.0
147.6
109.7
100.9
298.3
312.4
234.0
264.6
14,730.9
13,037.3
Expenditures other than investments
Depos
its by
States
2/
Interest
and pro
fits on
invest
ments
67.5
58.1
58.1
68.7
77.3
81.9
86.3
93.2
114.4
183.2
17.5
33.7
47.6
61.5
70.0
69.6
67.7
65.2
59.5
66.3
80.0
125.0
243.0
311.0
.7
37.9
15.1
.8
26.4
27.1
2.3
34.7
2.4
3.9
22.2
.9
4.6
2.3
1.8
3.0
29.3
.6
4.8
1.2
607.3
8.3
9.4
29.3
1,026.9
Administrative:
Payments
Reimbursement to
to
Railroad
FOASI
General
Retirement _ Trust
fund
Accounts
Fund 6 /
Benefit
pay
ments
V
Total
2/
168.3r
182. ,0r
339.Or
360. 8r
528.3
561. 0
703.4r
745. 7r
1,011.4r
1,088. 6r
l,170.8r
1,259, ,3r
1,249.5r
1,338. 9r
1,498. Or
1,392.4**
l,721.3r
1,936. 9r
1,996. 7r9/ l,860.9r
2,267 .&*11/ 2,118.Or
2,691.4 12/ 2,521.0
168.4
159.1
160.8
205.4
170.8
158.7
160.5r
168.8r
172.9
162.5
167.8
177.4
179.7
165.8
173.2
162.7
168.7
173.4
167.9
179.1
167.2
177.5
186.2
198.7
12,568.7
11,654.6
Source: See Table 1.
1 / Includes unappropriated receipts from January 1962 to June 1965.
2 / To cover employees of States and their political subdivisions under
the Social Security Act (42 U.S.C. 418).
2 / Includes payments for Vocational Rehabilitation Services beginning
May 1966.
lj Includes adjustments of investments to par value in the applicable
year.
5/ See Table 12.
6 / For appropriate share of administrative expenses, including interest,
paid from the trust fund during the preceding fiscal year as deter
mined by the Secretary of Health, Education, and Welfare (4 2 U.S.C.
5.1
11.0
19.6
19.1
23.6
25.0
30.6
9.4
18.0
29.5
34.1
62.5
65.3
66.4
78.2
184-5
93.0
20.0
19.0
30.6
134.1
7/
8/
2/
10/
11/
12/
r
4.3
3.9
3.1
3.1
3.7
3.6
3.8
3.8
4-7
5.4
112.3
128.7
8.1
12.8
10.0
6.8
9.2
8.7
11.6
9.1
3.5
9.2
8.1
10.7
717.7
.5
.4
.4
•
.4
.4
.5
.4
.4
.4
.6
.6
.6
43.8
Net
in
crease,
or de
crease
( - ) , in
assets
Assets, end of period
Total
Invest
ments
u
Un
expended
balance
1/
1,099.1**
567.9r
500.6r
337.7r
3.3r
- 114. lr
-128.Or
-257.5**
-320.7r
335.2r
l,099.1r
l,666.9r
2,l67.5r
2,505.3r
2,508.5r
2,394.4r
2 , 266.4r
2,008.9r
l,688.2r
2,023.6r
1.054.5
l,607.2r
2,101.2r
2,386.5r
2,407.Or
2,278.Or
2,141.Or
1,878.Or
1, 464.7r
l,834.6r
44.5
59.7
66.4
118.8
101.5
116.5
125.5
131.1
223.5
189.0
570.5r
963.7
90.6
67.3
56.7
4.9r
57.1
18.1
-68.5
21.4
-25.8
2,594.1
3.557.7
l,899.6r
l,966.9r
2,023.6r
2.398.1
3.340.7
l , 642.2 r
1,767.2**
1,834.6**
196.0
217.0
257.4
199.7
189.0
2.028.5
2.085.7
2.103.7
2.035.3
2.056.7
2,030.9
1.852.7
1.901.5
1,878.1.
1.878.8
1,856.4
1.864.2
175.8
184.2
225.6
156.5
200.3
166.7
1.961.5
2.096.4
2.162.3
2.162.3
1,761.1
1,854-3
1,958.0
1,958.0
200.5
242.1
204.3
204.3
-69.3
134.9
65.9
2,162.3
401 (g) ( l ) ) . Beginning July 1966 monthly reimbursements are paid
to the Social Security Administration to cover salaries and expenses
instead of the semi-annual reimbursement to FOASI.
Includes $26.8 million paid from Railroad Retirement Accounts.
Includes $16 million (FY 1967 and $16 million (July 1967) paid for
military service credits.
Excludes disbursements for investments in non-Federal securities.
Includes $16 million from payment of military service credits.
Includes $2.1 million for construction and $15.4 for vocational
rehabilitation services.
Includes $5.7 million for construction and $17.0 million for
vocational rehabilitation services.
Revised.
T a b l e 10. - F e d e r a l H o s p i t a l In su r a n c e T r u s t F u n d
(In millions of dollars)
Receipts
Fiscal year
or month
1966.........................
1967.........................
Total 1/
1968 (E st.)............
1969 (E st.)............
915.7
3,088.7 3/
4,277.6 6 /
5,018.2 6 /
1967-Apr..................
May..................
June................
330.5
380.6
600.6
July................
Aug..................
Sept................
Oct..................
Nov..................
Dec..................
1968-Jan..................
Feb..................
Mar..................
236.8
327.1
311.3 8/
151.4
276.4
194.2
444.1
396.9
328.2
6,670.9
Appropriations
Federal
payments
862.0
2,482.7
_
337.8 u
46.8
206.0
3,289.0
3,964.0
551.9 7 /
476.2 7 /
324.0
392.0
329.0
326.0
259.8
223-0
289.0
228.0
147.5
225.0
169.0
157.8
383.2
285.8
5,453.1
Net
in
crease,
Benefit Adminis Construc or de
trative
crease
payments
tion
expenses
( - ) , in
2/
assets
Expenditures other than investments
Interest
Deposits and pro
fits
on
by
States
invest
ments
_
-
301.0
1 1 .0
-
272.6
-
621.5
.7
54.1
21.5
1.1
37.8
38.8
3.3
49.5
11.9
13.4
41.9
450.3
6.9
45.9
68.0
131.0
Total
_
64.5
2,596.7^/. 2,507.8
64-5
88.9
3,452.3 1 3,369.0
3,962.11/ 3,865.0
83.4
93.9
.7
.5
18.2
266.8
320.5
301.3
1.6
.4
.5
.6
1.9
24.5
1.8
.3
.5
84.9
287.2
300.8
286.1
304.0
299.5
290.1
314.3
339.8
363.8
5,446.8
Source: See Table 1.
1 / Includes nominal amounts of other receipts.
2 / Includes adjustment of investments to par value in the applicable year.
2 / Includes receipts from Railroad retirement account - net settlement
of $16.3 million.
lj Represents payment for military service credits of $11 million and
payment for transitional coverage for the uninsured for $326.8 million.
5/
6/
7/
8/
r
260.2
310.5
292.9
ij
281.4
293.1
278.8
295.4
291.8
295-7
306.2
332.7
352.7
5,235.6
6.5
10.0
8.4
5.8
7.7
7.3
8.6
7.8
-5.6
8.0
7.1
11.0
211.2
_
_
3.1
_
-
_
_
_
-
-
Assets , end of period
Total
Invest
ments
2/
Un
expended
balance
851.2
492.0
851.2
1,343.2
785.8
1,298.lr
825.2
1,056.2
2,168.4
3,224.6
2,160.5
3,215.9
65.4
45.1
8.0
8.7
63.7
60.2
299.3
983.7
1,044.0
1,343.2
849.1
987.6
1,298.1**
134-6
56.4
45.1
-50.4
26.3
25.2
-152.6
-23.1
-95.9
129.9
57.1
-35.5
1,224.1
1,292.8
1,319.1
1,344.3
1,191.7
1,168.6
1,072.7
1,273.3
1,278.4
1,263.4
1,209.6
1,113.4
1,068.4
1,145.4
1,202.7
1,212.7
1,212.7
19.4
40.7
80.9
-17.9
55.2
4.2
57.1
56.9
11.4
11.4
1,202.5
1,259.6
1, 224.1
1,224.1
Excludes disbursements on investments of non-Federal securities.
Includes receipts from railroad retirement accounts of $44.0 million
for 1968 and $55.0 million for 1969.
Includes transitional coverage of $540.9 million for 1968 and $465.2
million for 1969, and $11.0 million for both years for miliary
service credits.
Includes $44.0 million for receipts from railroad retirement accounts.
Revised.
11
M ay 1 9 6 8
_____________FEDERAL FISCAL OPERATIONS-------------------T a b l e 11. - F e d e r a l S u p p le m e n t a r y M e d i c a l In s u r a n c e T r u s t F u n d
(In millions of dollars)
Expenditures other than investments
Receipts
Total 1/
Premiums
Federal
contri
butions
Interest
and pro
fits on
invest
ments
1967...............................
1,284.7
646.7
623.0
15.0
798.9
664.3
1968 (E st.)..................
1969 (E st.).................
1967-Apr.......................
May.......................
June.....................
1,473.3
1 , 809.0
55.7
49.5
139.3
714.0
895.0
55.2
47.4
57.7
738.7
895.0
20.0
19.0
_
-
.5
2.0
8.6
1,473.0
1 , 656.0
93.8
102.1
100.1
July.....................
Aug.......................
Sept.....................
Oct.......................
Nov.......................
Dec.......................
1968-Jan.......................
Feb.......................
Mar.......................
52.4
150.3
62.9
117.1
158.6
94.8
119.2
102.9
104.7
52.3
48.9
53.6
56.9
51.1
51.8
57.8
51.1
51.3
-
61.1
51.5
53.1
.2
.2
.5
.2
.3
9.4
.2
.3
•3
1,611.9
1,822.8
102.8
114.6
111.3
112.0
123.1
114.9
124.8
124.7
110.9
126.8
129.3
147.0
104.4
112.9
105.3
114.0
113.1
110.4
115.0
119.0
132.1
7.6
10.2
9.6
10.8
11.6
.5
11.8
10.4
14.9
1967 to date...............
2,247.7
1,121.3
"l,099.0
26.8
1,912.5
1,690.5
221.9
Fiscal year
or month
73.0
101.2
8.8
60.0
107.3
33.0
Benefit
payments
Total
Source: See Table 1.
1/ Includes nominal amounts of other receipts.
2/
Assets, end of period
Net
increase,
Construc or de
crease
tion
( - ) , in
assets
Adminis
trative
expenses
134.7
Un
expended
balances
485.8
485.8
478.8
6.9
- 138.6
- 13.8
-47.1
- 65.2
28.1
347.2
333.3
522.9
457.7
485.8
335.4
316.9
520.9
450.0
478.8
11.7
16.5
2.0
7.8
6.9
-59.5
27.2
- 52.0
-7.7
33.9
- 16.1
426.3
453.5
401.5
393.8
427.7
411.7
431.0
455-5
387.3
394.1
420.6
408.7
-4*7
- 2.0
14.2
-.3
7.1
3.0
-
-7.7
-26.4
-42.3
404.0
377.6
335.2
381.9
359.4
335.7
22.1
18.1
-.5
-
335.2
335.2
335.7
-.5
-
138.9 2/
164.0
9.0
12.5
11.2
Invest
ments
Total
2.8
_
-
_
-
_
_
Includes $22.7 million for proposed increase in administrative expenses.
T a b l e 12. - R a ilr o a d R e t i r e m e n t A c c o u n t s
(In millions of dollars)
Receipts
Fiscal year
or month
Total
Interest
Appro
and pro
priations fits on
invest
1/
ments
Expenditures other than investments
From FOASI
and Federal
Disability
Insurance
Trust Fund
2/
_
124-4
6OO.4
336.9
371.8
442.1
421.8
459.3
468.8
538.7
From
Unemploy
ment
Trust
Fund 2/
-
1936-58..........
1959................
I960................
1961................
1962................
1963................
1964................
1965................
1966................
1967................
10,036.1
758.3
1,403.4
1,050.7
1,080.7
1,127.8
1,192.3
1,341.9 7/
1,411.3 7/
1,610.9 7/
9,027.6
525.2
606.9
570.7
564.3
571.5
593-5
635.5
683.5
792.7
1,008.5
108.6
110.0
110.9
107.4
105.2
130.1
143.1
150.0
162.8
1968 (E st.)..
1969 (E st.)..
1,629.3 9/
1,790.7 9 /
865.8
957.2
180.2
190.1
470.0
531.0
95.5
94.0
1967-Apr........
May........
June.. . .
15.6
671.6
214.2
10.5
124.9
74.1
5.1
8.0
114.7
_
538.7
-
_
25.4
13.7
137.1
94.1
11.9
154.9 7/
89.1
16.2
111.7
119.5
11.5
129.0
70.2
8.1
129.3
64.1
11.8
102.5
92.7
2.2
8.1
1.8
3.8
7.8
3-6
-
4.5
9.2
1.7
-
15,191.6
2,179.3
July----Aug........
Sept.. . .
Oct........
Nov........
Dec........
1968-Jan........
Feb........
Mar........
1936 to
date 1 1 /___
21,762.6
86.1
32.2
37.2
8.9
47.0
90.1
92.5
99.5
To
Unemploy
Benefit
payments ment
Trust
Fund 2 /
Total
u
6 , 368.9
6,277.3
777.6
768.2
1,136.0
916.4
981.8
1,124.1
1,134-6
1,023.9
1,064.0
1,111.5
1,138.7
1,092.5
1,185.0
1,116.4
1, 246.0
1,193.6
1,315.4 8/ 1,257.3
1,414.910/ 1,328.0
1,490.58/10/ l , 392.0
115.6
113.5
111.6
-
25.0
118.2
119.3
115.8
109.5
109.6
110.5
109.6
111.1
110.4
111.3
112.3
110.9
111.1
113.2
113.0
3,764.2
562.1
17,621.2
16,694*2
-
110.4
116.4
155.8
117.2
118.3
112.0
-
22.1
-
21.4
-
Source: See Table 1.
l / Includes the Government's contribution for creditable military service
(45 U.S.C. 228c-l (n)) and unappropriated transfers of tax receipts.
2/ Payments are made between the Railroad Retirement Account and Federal
Old-Age and Survivors and Federal Disability insurance trust funds so
as to place those funds in the position in which they would have been
i f railroad employment after 1936 had been included in social security
coverage (45 U.S.C. 228e (k)). See Tables 8 and 9.
2 / See Table 13. Receipts include repayment and interest.
lj Includes $35-4 million (1936-58), and $26.8 million (i960) paid to
Federal Old-Age and Survivors and Disability insurance trust funds;
and $16.3 million (FY 1967) and $44*0 million (September 1967) paid
y
7/
8/
9/
10/
11/
_
183.7
132.3
101.5
37.7
35.2
58.2
40.9
29.2
29.0
29.0
Adminis
trative
expenses
Net
increase,
or de
crease
( - ) , in
assets
Assets, end of period
Total
Invest
ments
Un
expended
balance
y
56.2
9.4
9.0
9.9
9.2
9.8
11.0
10.3
11.5
12.5
13.8
14.5
3,667.1
-19.3
267.4
-73.4
-53.9
16.3
53.7
156.9
165.3
295.5
3,667.1
3,647.8
3,915.3
3,841.9
3,787.9
3,805.3
3,859.0
4,015.9
4,181.2
4,476.7
3,609.0
3,573.6
3,837.8
3,759.5
3,697.0
3,697.5
3,766.4
3,915.7
4,069.6
4,356.7
214.5
300.3
4,691.1
4,991.4
4,575.9
4,874.8
58.2
74.2
77.5
82.4
91.0
107.9
92.6
100.2
111.6
119.9
115.2
116.6
4.8
3.1
_
4-4
4.7
4.8
-
1.4
.8
1.1
-100.0
558.1
102.6
3,815.9
4,374.0
4,476.7
3,701.4
4,257.9
4,356.7
.9
.8
1.3
1.2
1.2
1.1
-96.7
20.7
-61.7
-105.3
36.6
-22.9
4,379.9
4,400.7
4,339.0
4,233.7
4,270.3
4,247.4,
4,261.3
4,279.8
4,196.7
4,119.4
4,114.6
4,076.7
114.6
116.2
119.9
118.7
120.8
142.2
114.2
155.7
170.7
6.3
5-2
.8
.9
1.0
2.0
-102.0
-7.6
3.7
4,145.4
4,137.7
4,141.5
4,030.1
3,989.2
3,955.4
115.3
148.5
186.1
645.1
159.2
4,141.5
4,141.5
3,955.4
186.1
to Federal Hospital Insurance Trust fund.
Paid from the trust fund beginning 1950 (63 Stat. 297).
Includes unappropriated receipts.
Includes payment for military service credits fiscal 1965 $13.8 million,
1966 $16.6 million, 1967 $17.2 million, and November 1967 $17.8 million.
Excludes disbursements for investments in non-Federal securities.
Includes payments for military service credits of $17.8 million in j 968
and $18.4 million in 1969.
Includes payments to Federal hospital insurance trust fund of $44.0
million in 1968 and $55.0 million in 1969.
Includes adjustments to monthly statement basis.
12
T reasury B u lle tin
FEDERAL FISCAL OPERATIONS
T a b le
13.
- U n e m p lo y m e n t T r u s t
Fund
(in millions of dollars)
Expenditures other
than investments
Employment
security program
Receipts
Employment security program
State
accounts
1/
Fiscal year
or month
Total
Deposits
by
States
1936-58..................
1959.......................
1960.......................
1961.......................
1962.......................
1963.......................
1964.......................
1965.......................
1966.......................
1967.......................
1968 (E st.)..........
1969 (E st.)..........
1967-Apr................
May................
June..............
29,218.311/ '24,584.2
1,700.6
1,997.4
2,167.0
2,703.3
3,803.312/ ’ 2,398.1
2,728.6
3,985.4
4,260.7
3,008.9
4,288.3
3,042.4
4,132.2
3,051.5
4,126.2
3,067.2
2,916.9
4,072.3
2,900.0
4,118.9
2,800.0
4,094-8
132.7
157.1
856.7
894.0
191.2
28.7
Federal
Extended
Compen
sation
Account
1/
-
-
-
-
_
344.4 12,f
452.6
945.4
846.6
614.9
561.0
596.8
132.0
.682.7
134.7
87.6
476.8
277.6
116.8
598.5
63.8
103.5
613.0
63.2
37.9
401.3
38.9
36.2
298.8
17. 9
615.0
652.0
3.0
2.9
1.4
.7
1.2
.6
.6
.7
1.5
29.0
534.9
12.0
65,157.9
50,276.2
4,942.8
July..............
Aug................
Sept..............
Nov................
Dec................
1968-Jan................
Feb................
Mar................
1936 to date
u / .......................
Employment Security
Administration
Account 2 /
Federal
Un
employ
Advances ment
from
Account
Appro
general
priations fund
V
_
51.5
34.9
-81.9
-4.5
_
23.3
41.2
36.6
30.3
45.2
48.5
39.5
-264.7
-
336.7
*
2.6
#
_
*
_
_
_
-
-
_
498.1
332.9
2.4
*
-
_
_
_
-
-
339.3
Interest
and
Advances
fromprofits
Deposits
Deposits on
by
by
invest
Railroad Railroad
Railroad
Retire Retire General Retire ments
ment
ment
fund
ment
Accounts
Board
Board
7/
8/
1,256.2
102.0
153.0
152.7
147.1
149.8
144.1
142.8
139.1
136.6
-
_
-
-
Railroad unemployment insurance
Adminis
tration
fund 9 /
Railroad Unemployment
Insurance Account 6/
-
183.7
132.3
101.5
37.7
35.2
58.2
40.9
29.2
.5
5.4
27.7
.7
6.6
26.1
29.0
29.0
4.8
3.1
4.4
4-7
4.8
-
.5
5.1
26.9
6.3
5.2
.8
135.5
133.1
.5
12.9
19.5
2,622.9
833.5
645.1
-
-
_
13.0
7.0
- .6
_
_
7.9
8.9
8.6
8.1
7.9
12.0
9.5
9.3
9.1
9.0
8.9
*
.9
1.3
*
•4
1.8
-
.4
1.7
*
.3
1.8
19.4
87.9
_
Total
10/
2,934-0 21,453.^11/'19,934-3
3,052.lr I 2,796.9
186.9
2,736.7r |
188.1
1 2,366.3
4,731.3rl2/ 3,552.0
204.5
2,818.8
172.6 3,906.5r
2,810.2
191.1 3,818.7r
212.6 3,697.9r
2,703.3
2,389.6
3,129.9r
255.3
1,974.0
308.7 2,687.4r
383.7 2,754.^*13/ 2,001.2
430.4
471.8
16.0
17.6
140.2
3.9
17.1
4.7
13.3
17.7
160.9
5.3
18.9
4.4
5,283.7
1 2,385.1
3,147.4i* J
3,202.2 12/' 2,379.4
243.5r
197.3
245.6
190.4
260.2r
145.5
183. 6r
153.4
171.8
218.1
120.0
192.5
181.6
121.4
131.0
193.8
230.8
176.6
250.1
312.3
309.7
244.6
236.1
313.0
Employment Security Adminis
tration Account - (Continued)
Fiscal year
or month
Payments to
general fund
Temporary
Salaries extended
Inter
compen
Reimburse est on and
ments and advances expenses sation
payments
recoveries
1V
_
_
_
3.0
3.5
3.4
3.0
2.4
2.4
3.8
_
_
7.7
10.0
11.6
12.8
13.4
16.9
18.2
1968 (Est.)
1969 (Est.)
_
_
_
5.1
5.1
5.6
54.6
112.0
29.8
14.4
9.6
10.8
4.1
4.2
18.5
20.9
1967-Apr...
May...
June..
3.6
.1
.1
-X
*
£
July..
Aug...
Sept..
Oct.. .
Nov...
Dec —
1968-Jan...
Feb...
Mar...
.2
.1
.1
.3
14.3
-13.6
X
*
2.2
1.7
2.9
2.0
1.3
.9
.5
1.2
1.4
2.5
2.6
2.5
*
3-3
*
.4
1.4
2.4
235.7
25.0
102.1
1936-58....
1959............
I960............
1961............
1962............
1963............
1964............
1965............
1966............
1967............
1936 to
date
14/.
........................
Source: See Table 1.
*
*
Repay
ment of
advances
from
general
fund
_
_
_
481.2
303.9
-15.0
-2.3
466.3
325.4
*
-
Repayment of
advances to _
Tempo
Reim
bursement Benefit rary
Railroad
extended Retire
to State pay
General
benefit ment
accounts ments
fund
payments
1/
Accounts
16/
-
_
_
_
6.1
37.8
2.4
*
_
_
-
1,411.4
247.7
275.0
251.7
201.6
166.7
133.9
115.2
88.1
71.0
*
-X-
_
-
_
-
5.2
5.1
4.7
*
*
-
-
-
-
-
-
-
4.0
6.8
6.3
7.8
7.5
7.4
•x-
-X-
*
*
*
#
767.8
_
_
_
_
Railroad Unemployment
Insurance Account 6/
-
-
70.3
70.0
8.1
n
/ . i-L
6.2
791.7
46.3
3,023.6
_
_
-
10.0
9.3
.1
-
_
-
-
_
86.1
32.2
37.2
8.9
47.0
90.1
92.5
99.5
_
-
2.5
9.9
7.1
-
-
95.5
94.0
-
_
-
_
25.4
_
_
_
-
-
-
-
22.1
-
-
-
-
-
-
21.4
-
-
-
-
-
'J
•n
19.4
562.1
(Footnotes on following page)
19.4
375.0
467.6
336.4
412.7
399.4
476.6
539.9
557.0
616.6
42.8
47.7
81.1
23.3
37.6
42.5
51.0
39.3
37.1
50.7
50.0
39.5
Assets, end
of period
Railroad unemployment insurance
Federal Extended
Compensation Account j>/
-
44,951.6 3,378.5
54,103.9
Expenditures other than investments - (Continued)
Employment security program - (Continued)
Employ
ment
State
accounts Security
Adminis
1/
tration
Account
With
2/
drawals Grants
by
to
States
States
Adminis
tration
fund
9/
Admin
istra
tive
ex
penses
9.3
9.1
9.7
9.1
8.8
9.1
7.9
6.7
6.0
7.3
6.3
.,3
..6
.3
.6
.5
.5
.5
.5
.4
.4
..7
1.2
81.1
Net
increase,
or
decrease
( - ) , in
assets
Total
7,764.8r 7,764.8r
.-l,054-7r 6,717.3rl7/
-33.4r 6,684.1r
-928.Or 5,756.Or
78.9r 5,834.9r
442.Or 6,276.8r
590.4r 6,867.2r
1,002.3r 7,869.6r
1,438.8r 9,308.4r
l,317.7r 10,626.1r
971.5r 11,597.7
892.6 12,490.3
-8 6 .4r 10,046.9r
10,695.3r
648.4
-69.2r 10,626. lr
Invest Unex
pended
ments
balance
10/
7,719.9r
6,710.6r
6,669.6r
5,720.Or
5,792.Or
6, 245. 2r
6,827.lr
7,793.9r
9,261.6r
10,531.lr
11,474.0
12,360.9
44.8
6.7
14.5
36.018/
42.9
31.6
40.2
75.6
46.8
95.0
123.7
129.4
10,574.6
11,039.2
10,981.4
10,887.4
11,170.4
11,217.2
9,909.7r 137.2
10,631'. 5r 63.8
10,531.lr 95.0
10,433.6 141.0
10,961.0
78.2
10,933.0
48.4
10,835.7
51.6
86.0
11,084.5
11,176.8
40.4
-195.5
288.8
-249.2
11,021.7
11,310.5
11,061.3
10,969.8
11,255.5
11,023.9
51.9
54.9
37.4
11,054.0
11,061.3
LI,023.9
37.4
-5 1 .6r
464.6
-57.8
-94.0
283.1
46.8
M ay 1 9 6 8
13
—
— FEDERAL FISCAL OPERATIONS — ....
T a b le 14.
- N a tio n a l
S e r v ic e
L ife
In su ra n ce F und
(In millions of dollars)
Receipts
Fiscal year
or month
Total
Premiums and
other receipts
Transfers from Interest and
profits on
general fund
investments
Unexpended
balance
5,665.3
5,741.5
5,803.1
5,759.4
5,803.5
5,713.9
5,783.0
5,908.8
6,112.7
6,078.8
14-4
10.4
9.9
13-8
7.1
7.4
13.8
5.2
9.4
7.3
564.4
636.1 1/
137.8
62.9
6,223.9
6,286.8
6,217.0
6,280.0
6.9
6.8
44.1
42.1
36.2
-7.7
2.2
186.2
5,897.7
5,899.9
6,086.1
5,896.7
5,893.0
6,078.8
1.3
1.3
.7
2.4
44.2
42.6
34.5
35.5
35.6
42.6
6.9
-1.1
.5
8.1
6.2
-9.1
6,093.0
6,091.9
6,092.4
6,100.5
6,106.7
6,097.7
6,083.0
6,085.4
6,086.1
6,093.3
6,097.3
6,096.0
1.1
6.9
7.3
10.0
6.5
6.4
7.2
9.4
1.6
•3
.6
.6
4.7
.7
.9
52.4
52.4
58.2
-6.9
-7.4
-11.4
6,090.7
6,083.3
6,071.9
6,088.0
6,078.8
6,068.9
2.7
4.5
3.0
A,77A.6
3,901.7
15,258.8
6,071.9
6,071.9
6,068.9
3.0
486.9
477.4
4.6
5.0
2,269.8
168.8
172.4
175.4
174.2
175.0
176.5
182.1
190.8
200.5
210.6
216.7
33.3
42.8
33.4
•3
.2
1.3
2.8
1.2
187.7
July..................
August..............
September........
October............
November..........
December..........
36.4
44.2
222.4
51.0
41.5
35.1
43.5
41.9
33.5
46.3
41.1
33.2
41.9
40.9
30.8
•4
.4
.5
•3
.3
.3
4-3
1968-January............
February..........
March................
45.5
45.0
46.8
40.6
43.7
45.3
1941 to date............
21,330.7
12,654.5
........... .
Source: See Table 1.
Note: This fund was established by the National Service Life Insurance
Act of 1940 (38 U.S.C. 720).
F o o tn o tes
1/
Invest
ments
5,679.7
5,751.9
5,813.0
5,773.1
5,810.7
5,721.3
5,796.8
5,913.9
6,122.1
6,086.1
4,703.0
12.2
10.3
8.4
6.9
6.0
6.0
7.0
5.2
5.8
1967-April................
May...................
Total
5,679.7
72.3
61.0
-39.8
37.5
-89.3
75.5
117.2
208.2
-36.0
7,999.1
453-4
459.9
483.8
482.8
476.7
478.3
473.0
497.0
486.6
1968 (E st.)..............
1969 (E st.)..............
Assets, end of period
Net increase,
or decrease
( - ) , in
assets
9,292.3
562.1
581.6
707.5
626.4
747.1
585.3
545.0
484.7
728.9 1/
14,972.0
634.3
642.6
667.6
663.9
657.7
660.7
662.2
692.9
692.9
702.2
699.0
1941-58.....................
1959...........................
1960...........................
1961...........................
1962...........................
1963...........................
1964...........................
1965...........................
1966...........................
1967...........................
Expenditures other
than investments
(benefits, refunds,
and dividends)
State unemployment funds; used for benefit payments mainly. Beginning
August 1961, withdrawals by States have been reduced by reimbursements,
to State accounts from Federal Extended Compensation Accounts.
2 / Established by the Employment Security Act of I960, approved September 13,
1960 (42 U.S.C. 1101 (a)), into which are deposited tax receipts
transferred in accordance with the act and from which are paid the
administrative expenses of the employment security program and
reimbursement for tax refunds. Receipts consist of appropriated and
unappropriated transfers of tax collections.
2/ Net of repayments.
lj Amounts represent excess of collections from Federal unemployment tax
over expenditures for benefits and administrative expenses which excess
was appropriated from the general fund to this account. (includes
amounts appropriated to the State Unemployment Accounts). Beginning
1961, such excess is transferred between book accounts within the
Unemployment Trust Fund.
j>/ Established by the act approved March 24, 1961 (42 U.S.C. 1105 (a)),
which provides for a temporary program of extended unemployment
compensation payments.
6/ For payment of benefits and refunds (45 U.S.C. 360). Figures exclude
interim advance of $15 million from the Treasury and subsequent repay
ment, both in 1940.
7/ Contributions under the Railroad Unemployment Insurance Act of 1938,
as amended (45 U.S.C. 360 (a)), in excess of the amount specified for
administrative expenses. Through 1957, also includes transfers from
the administration fund of excess amounts over the specified balance
(45 U.S.C. 361 (d)).
1/
*
to
T a b le
8/
9/
10/
11/
12/
13/
14/
15/
16/
17/
18/
"
_
................ .
Excludes disbursements for investments in non-Federal securities.
Less than $50,000.
13
Temporary advances are made when the balance in the Railroad Unemploy
ment Insurance Account is insufficient to meet payments of benefits
and refunds due or to become due. Whenever the balance is sufficient
to pay such benefits and refund, repayments are made, plus interest
at 3% per annum, pursuant to an act approved May 19, 1959 (45 U.S.C.
360 (d)).
Consists of a specified proportion of contributions deposited in the
fund to be available for administrative expenses. The Railroad Un
employment Insurance Administration Fund was established in the Un
employment Trust Fund pursuant to the amending act of September 6,
1958; before that the administration fund was a separate trust fund
(45 U.S.C. 361).
Includes adjustment of investments to par value in the applicable year.
Total includes $107.2 million transfereed from State accounts to the
Railroad Unemployment Insurance Account in connection with its
establishment (45 U.S.C. 363).
Beginning fiscal 1961 refunds of taxes (principal only) are reported
as deductions from receipts. Interest paid on refunds of taxes is
included under expenditures. See footnote 15Excludes disbursements for investments of non-Federal securities.
Includes adjustments to monthly statement basis.
Includes interest on refunds of taxes.
Includes interest.
Includes an adjustment of $7.2 million pursuant to the act of September
6, 1958 (45 U.S.C. 361 (a)).
Includes unappropriated receipts beginning September I960.
Less than $50,000.
r
Revised.
14
T reasury B u lle tin
__________________________FEDERAL FISCAL OPERATIONS___________________________
T a b le
1 5 . - I n v e s t m e n t s o f S p e c ifie d T r u s t A c c o u n t s in P u b lic D e b t S e c u r itie s, A g e n c y S e c u ritie s ,
a n d N o n -F e d e r a l
S e c u r itie s
by Issu e s, as o f M a r c h
31, 1968
(in millions of dollars)
Description of securities
Public debt securities
Public issues:
Notes:
5%
4-3/A
4-3/4
5-1/4
5-3/4
4-1/8
4-1/8
4-1/4
3-7/8
4-1/4
3-1/4
4
3-1/2
3-1/4
4-1/4
4
4-1/8
3-1/2
3
3-1/2
2-3/4
Federal
Supplementary
Medical
Insurance
Trust Fund
Railroad
Retirement
Accounts
Unemployment
Trust Fund
2/15/66
2/15/67
5/15/67
8/ 15/66
2/15/68
7.0
10.0
_
-
_
_
_
-
32.0
18.0
20.0
_
14-0
5.8
7.0
192.0
68.2
31.5
6/15/64-69
12/15/64-69
3/15/65-70
9/15/67-72
_
5/15/68
_
2/15/69
_
10/1/69
_
2/15/70
_
8/15/70
_
8/15/71
_
11/15/71
_
2/15/72
_
8/15/72
_
8/15/73
_
11/15/73
_
2/15/74
_
5/15/74
_
11/15/74
_
5/15/75-85
_
6/15/78-83
_
2/15/80
_
11/15/80
_
5/15/85
_
8/15/87-92
_
2/15/88-93
_
5/15/89-94
_
2/15/90
_
2/15/95
_
11/15/98
(Investment Series B) 4/1/75-80
4/15/43
9/15/43
2/1/44
10/20/41
6/23/60
8/15/62
10/1/57
1/15/65
6/20/63
3/1/62
5/15/62
11/15/62
9/15/62
9/15/63
7/22/64
1/15/65
5/15/64
12/2/57
4/5/60
5/1/53
1/23/59
10/3/60
6/3/58
8/15/62
1/17/63
4/18/63
2/14/58
2/15/55
10/3/60
4/1/51
22.2
33.0
*
17.4
5.0
57.5
15.0
100.0
38.0
61.9
6.4
24.5
78.0
60.2
153-1
449.4
25.7
33.0
91.3
556.2
70.2
552.0
1,064.9
3,522.0
3.8
26.0
10.0
14-0
2.0
2.0
16.5
10.0
5.0
20.8
30.2
80.8
68.4
10.5
5.0
315.0
-
_
-
1.0
5.6
15.0
3.0
19. c
26.1
119.2
3.0
10.0
12.0
31.5
46.5
48.0
9.0
127.0
2.6
16.0
32.7
53.0
106.0
53.0
14.0
104.0
17.5
174-3
112.2
43-2
745-0
-
-
7.0
51.0
57.0
35.0
8.5
46.5
21.0
33.5
156.7
47.3
125.6
6.0
6.9
14.0
6.0
13.1
38.9
3.2
31.6
792.7
6/30/67
12/15/67
10/1/67
9/25/67
11/9/67
11/1/67
11/17/67
2/1/68
3/11/68
2/15/68
2/6/68
812.5
594.2
-
4.9
200.3
-
215.3
142.7
-
-
1.0
-r
9.0
2.9
.5
3.5
6,515.8
1,340.6
471.9
-
6/ 30/66
6/30/64
6/ 30/66
6/ 30/66
6/30/67
6/30/67
2,456.5
2,720.3
-
7.1
309.2
255.8
507.4
335.7
331.3
10.3
416.4
-
-
6/30/59
10/5/63
6/30/61
6/30/59
6/ 30/64
6/30/61
6/30/63
6/30/63
6/30/64
6/30/64
6,023.5
1 , 240.1
1,738.5
2,581.6
348.7
209.9
153.6
279.2
1,513.0
-
335.7
1,507.2
614.1
2,896.2
-
_
_
_
_
-
Total public issues.
SDecial issues:
Certificates:
4-%
4-1/4
4-1/8
5-1/4
5-5/8
5-5/8
5-5/8
5-3/8
5-1/2
5-3/8
5-3/8
Notes:
4-7/8$
4-1/S
4-7/8
4-7/8
4-3/4
4-3/4
Bonds:
2-5/8 %
A
Federal
Hospital
Insurance
Trust Fund
11/15/70-A
2/15/72-A
5/15/72-B
5/15/71-A
2/15/75
Bonds:
2-1/2 %
2-1/2
2-1/2
2-1/2
3-7/8
4
4
4
4
4
3-7/8
4
4
4
Issue
date
Federal Old-Age Federal
Disability
and Survivors
Insurance
Insurance
Trust Fund
Trust Fund
_
_
_
_
6/ 30/68
6/ 30/68
6/30/68
6/30/68
6/ 30/68
6/30/68
6/30/68
6/30/68
6/30/68
6/30/68
6/30/68
-
6/30/70 and 71
6/30/70
6/30/69 to 71
6/30/71
6/30/74
6/30/72 to 74
_
_
_
_
_
_
_
_
_
-
6/30/70 to 75
6/30/70 to 78
6/30/74 to 77
6/30/74 and 75
6/30/70 to 80
6/30/75 and 76
6/30/77 and 78
6/30/78
6/30/79 and 80
6/30/78 to 80
3-3/4
2-5/8
4-1/8
3-3/4
3-7/8
3-7/8
4-1/8
4-1/8
Total special issues........
from
from
from
from
from
from
from
from
from
from
from
from
from
from
from
from
from
from
18,167.1
-
(Continued on following page)
-
1,121.2
-
-
2,254.0
-
8,328.3
M ay 1 9 6 8
15
,
T a b le
15.
ffff-nff-PAT.
F IS C A L n P i ? P A T T n \ f . Q
- I n v e s t m e n t s o f S p e c ifie d T r u s t A c c o u n t s in P u b lic D e b t S e c u r i t ie s , A g e n c y S e c u r itie s ,
and
N o n -F e d e r a l S e c u r it ie s
by
Is s u e s , as o f M a r c h
31, 1968
-
(C o n tin u e d )
(in millions of dollars)
Issue
date
Description of securities
Agency securities:
Debentures:
5-7/8% FNMA (Series
5-1/8
FNMA (Series
6
FNMA (Series
4.65
FNMA (Series
5-3/4
FNMA (Series
SM 1968 B) 9/10/68
SM 1969 C) 7/10/69
SM 1969) 12/12/69
SM 1969)
5/12/69
SM 1970-C)10/13/70
Participation certificates:
5.20%
5.20
5.20
4.75
5-1/4
5-1/2
5.10
6.35
6.40
6
6.05
1/19/72
1/19/77
1/19/82
4/7/69
9/29/69
6/29/72
4/6/87
12/11/70
12/11/87
2/1/71
2/1/88
8/ 23/66
2/10/67
12/12/66
5/10/67
10/11/67
1/19/67
1/19/67
1/19/67
4/5/67
6/29/67
6/29/67
4/5/67
12/11/67
12/11/67
1/30/68
1/30/68
Total participation certificates..................
Non-Federal securities:
Bonds:
5-3/8%
FHLB (Series C 1968)
4/25/68
Total.................................................................
Source: Bureau of Accounts.
*
Less than $50,000.
1/25/67
Federal Old-Age
and Survivors
Insurance
Trust Fund
Federal
Disability
Insurance
Trust Fund
_
_
-
-
Railroad
Retirement
Accounts
Unemployment
Trust Fund
_
_
-
30.0
41.5
_
41.5
-
71.5
146.5
_
_
_
_
_
50.0
_
50.0
_
_
_
_
50.0
_
_
_
_
_
_
_
_
_
_
50.0
_
_
_
_
_
50.0
_
70.0
100.0
_
_
25.0
50.0
_
_
50.0
_
70.0
_
20.0
96.5
_
100.0
_
-
Federal
Supplementary
Medical
Insurance
Trust Fund
10.0
_
41.5
_
20.0
10.0
25.0
41.5
_
20.0
50.0
50.0
_
75.0
35.0
65.0
Federal
Hospital
Insurance
Trust Fund
10.0
-
-
-
375.0
100.0
50.0
22,160.6
1,958.0
1,212.7
25.0
-
-
22,185.7
1,958.0
1,212.7
_
_
_
-
10.0
25.0
41.5
50.0
20.0
-
-
-
170.0
295.0
3,930.4
11,023.8
335.7
-
335.7
25.0
-
3,955.4
11,023.9
16
T reasury B u lle tin
FEDERAL OBLIGATIONS
"Obligations” are the basis on which the use of funds is
controlled in the Federal Government.
They are recorded at the
point at which the Government makes a firm commitment to
of categories which are based upon the nature of the trans
action without regard to its ultimate purpose.
All payments
for salaries and wages, for example, are reported as personnel
acquire goods or services and are the first of the four key
compensation, whether the personal services are used in current
events— order, delivery, payment, consumption— which charac
operations or in the construction of capital items.
terize the acquisition and use of resources.
In general, they
Federal agencies and firms often do business with one
consist of orders placed, contracts awarded, services received
another; in doing so, the "buying”agency records obligations,
and similar transactions requiring the disbursement of money.
and the "performing" agency records reimbursements.
In
The obligational stage of Government transactions is a
Table 1, obligations that are incurred within the Government
strategic point in gauging the impact of the Government1s
are distinguished from those incurred outside the Government.
operations on the national economy, since it frequently repre
Tables 2, 3, and 4 show only those incurred outside.
sents for business firms the Government commitment which
stimulates business investment, including inventory purchases
and employment of labor.
Disbursements may not occur for
months after the Government places its order but the order
O b l i g a t i o n data for the administrative budget fund
accounts were first published in the September 1967 Treasury
Bulletin and the trust fund accounts were first published
in the October 1967 Bulletin.
Beginning with the April 1968
itself usually causes immediate pressure on the private
Bulletin, the data are on the basis of the budget concepts
economy.
adopted pursuant to the recommendations of the President’
s
Obligations are classified according to a uniform set
Commission on Budget Concepts.
17
M ay 1 9 6 8
n p p a t O B L IG A TIO N S-----------------------------------------------------------T a b le
1. - G r o s s
O b lig a tio n s
by
In cu rred
W ith in
O b je c t C la s s ,
a n d O u ts id e th e F e d e r a l G o v e r n m e n t
F e b r u a r y 2 9 , 1968
(In millions of dollars)
Gross obligations incurred
Object class
Outside
Personal services and benefits
21,919
1,707
1,578
Contractual services and supplies
Acquisition of capital assets
Grants and fixed charges
Grants, subsidies, and contributions..................................................................... .
Gross obligations incurred 1J.......................................................................................
Source: Reports on Obligations, Standard Forms 225, from agencies.
1/ For Federal Budget presentation a concept of "net obligations
incurred" is generally used. This concept eliminates transactions
within the Government and revenue and reimbursements from the public
which by statute may be used by Government agencies without appro
priation action by the Congress. Summary figures on this basis
follow. (This data is on the basis of Reports on Obligations
2. - G r o s s
O b lig a tio n s
and
Major function
Personal
services
and
benefits
In cu rre d
M a jo r
w ow o o oro
872
2,427
1,200
141
14,944
15,643
400
1,562
504
125
3,781
5,426
1,272
3,989
1,704
267
18,725
21,069
8,076
2,043
14,792
1,573
173
735
9,649
2,215
15,527
17,365
24,993
10,807
628
...........
g88888ayaaa
137
4,179
12
570
1,347
*
707
5,526
12
141,118
20,320
161,438
received from the agencies prior to reports submitted for Budget
presentation and therefore may differ somewhat from the Budget
document.)
*
T a b le
21,919
3,485
1,578
1,779
16,652
24,993
9,175
628
Other
Undistributed U S. obligations
Total
Within
O u ts id e
O b je c t
Gross obligations incurred (as above)..................$161,4-38
Advances, reimbursements, other income, e t c .... 37.702
Net obligations incurred.......................................... 123.736
Less than $500,000.
th e
C la s s ,
Federal G overn m en t
F ebruary
29,
by
M a jo r
F u n c tio n
1968
(In millions of dollars)
Major object class
Acquisition of
Contractual
capital assets
services and
Lands and
Investments
supplies
Equipment
and loans
structures
Grants
and
fixed
charges
Other
Total
National defense........................................
16,617
25,383
7,705
615
5
123
3,763
54,212
International affairs and finance........
209
301
29
2
1,617
429
428
3,015
Space research and technology................
267
2,563
54
21
-
2
-1
2,905
Agriculture and agricultural resources
373
2,320
7
8
8,743
3,272
169
14,894
Natural resources.......................................
845
574
102
901
63
475
-1
2,960
Commerce and transportation...................
3,901
1,202
107
59
342
3,541
-81
9,070
Housing and community development........
103
43
*
340
3,236
1,708
3
5,432
11
62
27,161
*
29,519
7
352
2,228
1
2,813
13
368
3,691
36
5,127
Health, labor, and w elfare...................
814
1,462
10
Education......................................................
109
112
4
795
192
Veterans benefits and services..............
33
-
-
-
-
-
8,640
-
8,640
General government.....................................
1,171
1,076
25
67
3
180
11
2,532
Total..........................................................
25,204
35,228
8,076
2,043
14,792
51,447
4,328
141,118
* Less than $500,000.
oo
T a b le
3.
-
G ross
by
O b lig a tio n s
D e p a r tm e n t
In cu rre d
or
O u ts id e
A gency,
th e
F ebru ary
F ederal
29,
G overn m en t
1968
(in millions of dollars)
Personal services & benefits
Classification
Benefits
Personnel Personnel for
compen benefits former
sation
personnel
1/
Rent, com
Travel and
trans
Transpor munications ,
portation tation of and
utilities
of persons things
Legislative Branch 2 / , ..............
The Judiciary......................
Executive Office of the President...
Funds appropriated to the President!
Military assistance..............
Economic assistance..............
Other.............................
100
Agriculture Department:
Cannodity Credit Corporation.
Other........................
563
28
Commerce Department.
183
7
Defense Department:
Military:
Department of the Army.....
Department of the Navy.....
Department of the Air Force.
Defense agencies...........
Civil defense..............
95
77
J£
Treasury Department:
Interest on the public debt.
Interest on refunds, etc....
Other......................
Atomic Energy Ccmnission.......
General Services Administration.
National Aeronautics and Space
Administration................
Veterans Administration,.......
Other independent agencies:
Export-Import Bank of Wash....
Snail Business Administration.
Tennessee Valley Authority....
Other........................
Total.
Total
gross
Obliga
obliga
tions in thtions
vouch- incurred
curred
abroad
ered
220
430
618
658
6
3
1,359
1,362
417
11
77
175
440
215
309
13
73
55
205
987
1,167
2,216
12
150
11
6
1,568
1
3,251
3,322
324
5
3,343
3,306
3,46i
2,035
90
318
176
480
782
14?
453
3
151
97
203
210
18
18
3,469
12,145
245
6
117
588
19
269
649
1,719
1,171
55
42
49
2
93
14
234
26
109
616
2,07
4,526
4
3
263
84
1
*
157
7,580
504
27
41
627
29
37
11
243
6,296
*
331
1,971
1,403
1,085
237
66
360
47
927
1,319
5,499
3,462
49
821
423
19
661
1,707
Housing and Urban Development
Department:
Federal National Mortgage
Association...............
Other......................
Interior Deoartment......
Justice Department.......
Labor Department.........
Post Office Department....
State Department.........
Transportation Department.
Hidistributed U.S.
obliga
tions
1
111
2
Civil...........
Insurance
Interest
claims
and indem and
Refunds
dividends
nities
13
29
13,451
Grants,
subsidies,
and con
tributions
Other
30
RECEIVE!)
6
4,146
4,765
4,123
410
Grants and fixed charges
Printing
lands Invest
and
and
ments
Other Supplies
Equip struc and
repro
ser and
ment
duction
tures loans
vices materials
10
Total military.
Health, Education, and Welfare
Department...................
Acquisition of
capital assets
Contractual services and supplies
11
2
2
25
17
2,512
345
883
10
16
13,864
15,878
10
17,973
4,418
31
3,751
52,164
1,091
17,706
25,210
H
G
M
#
>
O
W
t-1
>— 1
o
>
27
33
395
225
61
61
3,039
115
516
32
20
12
3
16
12
19
510
11
58
3
267
2
*
501
9
2
28
115
243
1,707
2
2
116
14
1,578
872
13
5
74
23
85
9
72
48
17
137
2
110
4
38
2
1
39
18
46
39
2
12
3
23
20
22
182
1,553
110
87
525
64
15
2,413
64
100
7
32
13
126
3
10
2,427
1,200
Source: Reports on Obligations, Standard Forms 225, fran agencies.
Note: Agency shifts are shown in this table beginning with the period of such shifts.
plete fiscal year are adjusted at that time.
6
368
1,548
91
17
2/
*
8,076
2,043
8,548
91
649
1,965
1,104
2
254
3,437
36
73
330
6
383
3,879
-88
6
ill
63
65
286
2,257
*—4
O
2
a>
3,806
1,018
14,944 15,643
The amounts for the com
10
1,333
1,433
135
3,067
64
634
141
123
2,512
2,964
355
3
52
4
623
64
10
10
790
21,919
5
153
14
6,606
9
357
2,317
18
189
14,792
16,652
24,993
9,175
2,905
5,117
1,095
393
381
10,678
119
137
4,179
141,118
For purposes of this report this object class is considered as totally within the Federal Government except
for the Department of Defense.
Includes reports for Library of Congress, Government Printing Office, and General Accounting Office only.
Less than &5t»,000.
I
J
IP
£
T a b l e 4 . - G r o s s O b lig a t io n s In c u r r e d O u t s i d e t h e F e d e r a l G o v e r n m e n t,
C o m p a r a t iv e S t a t e m e n t b y M o n th s
(In millions of dollars)
'O
Os
Fiscal Year 1968
Fiscal Year 1967
Mar.
Feb.
National defense:
Personal services and benefits:
Personnel compensation...............................
Apr.
May
June
July
Aug.
S e p t.
Jan.
O c t.
Nov.
Dec.
1 ,6 3 7
214
170
1 ,7 0 6
234
176
1 ,7 3 9
166
175
1 ,7 1 9
215
175
1 3 ,5 4 9
1 ,7 0 7
1 ,3 6 2
1 2 ,3 9 8
1 ,6 3 0
1 ,1 9 8
75
241
83
6
68
241
96
2
658
1 ,3 4 2
1 ,2 8 6
1 ,3 7 7
1 ,3 7 8
83
258
88
6
899
1 ,7 3 1
683
43
1 0 ,0 3 4
591
993
643
38
8 ,8 9 2
1 ,4 5 0
1 2 ,2 3 4
1 0 ,8 0 6
Feb.
1 ,4 4 4
193
158
1 ,59 0
208
158
1 ,5 4 9
2.14
159
1 ,6 1 0
159
161
1 ,7 0 4
207
162
1 ,7 1 4
222
164
1 ,7 0 2
223
166
1 ,6 7 1
208
1 ,6 6 0
168
168
79
96
68
3
758
1 ,2 0 9
71
147
78
4
1 ,14 0
1 ,2 7 4
69
143
75
5
771
1 ,2 9 5
83
398
70
3
1 ,0 6 8
1 ,5 5 9
94
263
75
7
1 ,7 1 3
2 ,2 6 5
92
115
88
6
1 ,49 3
1 ,1 3 1
92
77
86
6
1 ,1 6 3
1 ,8 0 0
86
372
76
7
1 ,8 0 3
1 ,9 6 0
82
219
92
6
1 ,1 7 7
1 ,7 0 4
81
209
75
5
781
1 ,5 2 5
910
61
1
980
97
2
979
133
i_
1 ,3 9 0
241
1
2 ,2 0 0
245
1
715
61
1
604
94
1
1 ,7 4 8
89
1
1 ,3 7 3
62
1
676
55
-x
990
90
X
823
83
1
777
81
1
7 ,7 0 5
615
5
8 ,5 1 6
812
11
29
3
5
3
4
3
5
1
19
4
4
11
3
5
*
33
4
6
4
3
7
5
3
5
6
*
4
6
6
2
5
6
6
x
3
4
5
*
5
4
6
X
7
4
7
1
4
4
3
*
33
41
44
5
103
36
43
31
Other:
Undistributed U. S. obligations.............
-
-
-
-
1
518
1
587
1
2
-1
458
2
441
1
490
1
-4
3 ,7 5 7
10
-x
622
-2
329
1
-x
412
1
*
452
-
509
1
-6
437
2
-X-
Unvouchered...................................................
6
477
2
3 ,1 3 3
8
Total national defense...............................
5,53 0
6 ,1 7 4
6 ,0 4 3
7 ,2 4 8
9 ,4 1 6
6 ,3 3 6
6 ,6 1 6
8 ,6 5 9
7 ,2 6 9
5 ,76 8
6 ,7 0 0
6 ,6 1 1
6 ,2 5 4
5 4,2 1 2
4 9 ,8 8 4
Non-defense:
Personal services and benefits:
Personnel compensation...............................
922
998
940
1 ,0 1 8
1 ,1 8 8
955
1 ,0 2 9
994
1 ,0 2 3
1 ,0 0 4
1 ,1 3 2
1 ,1 9 9
1 ,0 3 4
8 ,3 7 1
8 ,0 1 1
_
_
_
_
_
_
_
_
_
_
_
_
_
_
7
20
12
16
14
37
5
23
21
93
11
20
7
216
185
24
74
61
10
545
479
26
27
119
55
10
29
95
61
27
748
438
28
79
68
12
771
702
33
74
29
105
8
723
250
10
567
268
20
107
69
10
456
300
208
64
22
88
68
11
628
349
214
64
31
80
60
12
450
811
22
99
54
12
509
233
30
95
61
10
509
68
62
8
567
291
696
517
98
4 ,9 1 0
3 ,4 0 9
790
475
104
5 ,2 6 0
4 ,3 8 3
39
139
1 ,25 5
46
424
1 ,5 4 4
44
206
1 ,3 4 0
43
128
1 ,5 7 4
34
U4
1 ,8 0 5
52
107
2 ,1 8 3
396
133
2 ,4 7 9
44
105
2 ,0 8 1
371
1,780
1 ,4 2 8
1 4 ,7 8 6
1 ,6 9 5
1 3 ,4 8 6
4 ,1 5 0
1 ,5 7 3
3 ,0 7 1
1 ,1 6 8
85
1 ,6 6 3
3 ,0 9 9
1 ,1 6 2
73
2 ,6 3 3
3 ,0 9 3
807
1 ,3 9 9
3 ,2 4 1
1 ,6 2 4
3 ,2 7 6
1 6 ,6 1 9
2 4 ,9 5 3
1 5,1 2 3
2 2 ,1 0 1
150
1 ,1 9 9
80
9 ,1 3 1
623
8,615
84
156
70
-x
19
32
-1 2 3
65
x
334
74
1 ,3 5 8
50
141
1
-2,352
402
2
Benefits for former personnel.................
Contractual services and supplies:
Travel and transportation of persons...
Rent, communications, and u t ilit ie s ....
Printing and reproduction.........................
Supplies and materials...............................
Acquisition of capital assets:
Equipment......................................................
Lands and structures..................................
Grants and fixed charges:
Grants, subsidies, and contributions. . .
Insurance claims and indemnities...........
Interest and dividends...............................
Benefits for former personnel.................
Contractual services and supplies:
Travel and transportation of persons...
Transportation of things...........................
Rent, communications, and u t ilit ie s ....
Supplies and materials..............................
624
455
304
36
152
82
13
852
897
67
110
1 ,5 8 1
73
127
1 ,0 8 2
66
132
2 ,0 6 1
218
211
2 ,3 6 5
1 ,1 5 5
2 ,5 1 7
1 ,1 0 3
44
1 ,8 2 8
3 ,2 2 6
1,511
3,100
1,145
40
2 ,2 3 1
3 ,3 3 1
1 ,0 8 2
3 ,5 4 4
3 ,4 9 2
-1 2 3
58
-1
3 ,0 6 4
1 ,2 0 4
26
639
50
1 ,08 2
84
340
88
#
26
189
-7 3
189
-2 5 5
36
11,216
9,787
1 1 ,1 8 3
1 7,3 8 9
‘15,829
18,431
1
■
226
48I
CO
Comparable
Cumulative period
F Y 1967
to date
Object Class
*1
w
e
W
>
r*
o
w
t-*
HH
o
>
o
z
GO
Acquisition of capital assets:
Lands and structures..................................
Investments and loans................................
Grants and fixed charges:
Grants, subsidies, and contributions...
Insurance claims and indemnities...........
Other:
Undistributed U. S. obligations.............
Obligations incurred abroad.....................
Unvouchered...................................................
#
9 ,0 6 4
1 4,5 9 3
*
Less than $500,000.
1,196
89
*
1 ,7 6 6
39
180
1 ,8 1 2
3 ,0 7 1
1 ,1 3 0
72
3 ,0 3 9
1 ,1 9 9
53
-9 3 6
45
X
-4 1 0
51
68r
1,261
309
*
422
2
1 3 ,0 5 8
10,245
9 ,8 8 7
1 1 ,8 4 0
9 ,9 5 4
1 0 ,5 7 2
1 1 ,2 0 9
ll,321r ; 11,876
86,906
7 9 ,1 9 4
2 2 ,4 7 4
1 6 ,5 8 1
1 6 ,5 0 2
2 0 ,4 9 9
1 7 ,2 2 4
1 6 ,3 4 0
1 7 ,9 0 9
17,932r
1 41 ,1 1 8
1 2 9 ,0 78
2
-X
1
#
1 8 ,1 3 1
Revised.
CO
T reasury B u lle tin
ACCOUNT OF THE TREASURER OF THE UNITED STATES_______________________ _
20
S o u r c e a n d A v a i l a b i l i t y o f th e B a la n c e in t h e T r e a s u r e r ’ s A c c o u n t
The account of the Treasurer of the United States re
the same bank.
On occasions, to the extent authorized by the
flects not only budget receipts and expenditures but also
Treasury, banks are permitted to deposit in these accounts
trust, deposit fund, and public debt transactions.
proceeds from subscriptions to public debt securities entered
for their own account as well as for the account of their
The w o r k i n g cash of the Trea s u r y is hel d m a i n l y in
Treasurer's accounts with Federal Reserve banks and branches.
customers.
As the balances in these accounts become depleted, they are
The tax and loan account system permits the Treasury to
restored by calling in (transferring) funds from the tax and
leave funds in banks and in the communities in which they arise
loan accounts with thousands of commercial banks throughout
until such time as the Treasury needs the funds for its opera
the country.
tions.
Deposits to tax and loan accounts occur in the normal
In this way the Treasury is able to neutralize the
effect of its fluctuating operations on bank reserves and the
course of business under a uniform procedure applicable to all
economy.
banks whereby customers of banks deposit with them tax pay
A detailed description of the Treasury's depositary system
ments and funds for the purchase of Government securities.
may be found in the Annual Report of the Secretary of the
In most cases the transaction involves merely the transfer of
Treasury for 1955, pages 275-284.
money from a customer's account to the tax and loan account in
T a b l e 1. - S t a t u s o f th e A ccou n t o f th e T r e a s u r e r o f t h e U n it e d S ta te s
(In millions of dollars)
Assets
Treasury operating balance
End of
fiscal year
or month
Balance in
Liabilities account of
Treasurer
1/
of United
States
Total
operating
balance
Silver
balance,
coinage
metal,
coin, and
currency
101
106
109
121
120
120
108
102
112
4,380
7,068
5,969
9,548
11,251
10,238
11,469
10,917
5,695
306
253
179
147
136
145
534
775
1,159
4,096
118
4,629
879
45
275
183
6,011
5,415
3,469
4,272
118
115
112
534
191
577
383
167
266
8,88 4
5,626
7,759
-
114
120
107
107
126
112
1,043
1,036
1,159
1,136
1,149
1,168
1,136
1,090
1,061
31
73
62
4,552
3,937
5,808
5,171
4,407
4*329
5,977
7,601
4,727
5,372
6,894
4,159
5,695
6,007
5,108
6,692
5,975
6,115
5,564
46
27
46
57
47
45
215
218
229
219
222
233
7,551
6,607
8,336
7,542
7,601
7,046
-
111
110
111
111
7,241
8,908
5,420
6,519
1,036
967
934
909
124
49
34
50
263
256
331
630
147
106
201
155
128
143
158
180
129
335
8,821
10,359
6,847
8,442
-
Available
funds in
Federal
Reserve
Banks
Tax and loan
accounts in
special
depositaries
1959...............................
I960...............................
1961...............................
1962...............................
1963...............................
1964...............................
1965...............................
1966...............................
1967...............................
535
504
408
612
806
939
672
766
1,311
3,744
6,458
5,453
8,815
10,324
9,180
10,689
10,050
4,272
1966-December..............
416
1967-April...................
May.......................
June..................
July.....................
August................j.
September............
October................
November..............
December..............
1,360
574
1,311
1,340
1,051
778
697
1,581
1,123
1968-January................
February..............
March....................
April....................
1,153
1,197
581
1,035
Gold
balance
in
Treasury
In Federal
Reserve
Banks in
process of
collection
In other
depositaries
Total
assets
63
58
64
70
74 2/
58
55
93
62
273
337
222
303
342
234
233
370
577
429
375
335
441
313
360
320
252
266
5,451
8,092
6,769
10,509
12,116
11,036
12,610
12,407
7,759
Unclassified
collections,
etc.
100
87
75
79
-
-
5,350
8,005
6,694
10,430
12,116
11,036
12,610
12,407
7,759
6,011
-
-
8 , 884
5,626
7,759
7,551
6,607
8,336
7,542
7,601
7,046
8,821
10,359
6,847
8,442
"
Source: Daily Treasury statement.
1/ Includes reserves and other deposits of the Board of Trustees, Postal
Savings System, and uncollected items, exchanges, etc., through
December 1962. Effective January 1963 balances of the Postal Savings
System funds were transferred to deposit fund accounts and became
deWnd obligations of the Treasury. Balances of these funds, there-
y
fore, are no longer liabilities within the general account of the
Treasurer. Uncollected items, exchanges, etc., also previously shown
as liabilities were combined with "Unclassified collections, etc."
shown under assets.
Amounts shown, beginning January 1963, are net of uncollected items,
exchanges, etc. Previously these items were included under liabilities.
21
M ay 19 6 8
A C C O U N T OF T H E T R E A S U R E R
T a b l e 2 . - A n a l y s i s o f C h a n g e s in
OF T H E U N IT E D
T ax and
Loan
S T A T E S ___
A c c o u n t B a la n c e s
(In millions of dollars)
Balance
Credits
Savings
bonds
and
savings
notes 2/
Retire
ment
plan and
tax and
loss
bonds 2 /
1959.......................................
1960.......................................
1961.......................................
1962.......................................
1963.......................................
1964.......................................
1965.......................................
1966.......................................
1967.......................................
2 ,668
2,679
2,787
2,725
2,699
2,760
2,635
2,704
2,783
_
-
1967-April...........................
May...............................
June.............................
221
230
221
*
*
July.............................
August.........................
September...................
222
232
208
214
213
201
X
-x-
December.....................
1968-January.......................
February.....................
April...........................
272
241
221
220
-
#
2
1
1
1
-X-
X*
*
#
-X-
3
1
Tax
antici
pation
securities
7,581
7,784
7,613
5,898
2,963
Other
-
13,164
7,920
1,788
3,774
3,830
2,014
2,340
7,368
7,643
1,627
1,173
-
-
3,856
_
2,369
-
-
3,212
2,470
-
During period
Taxes
Proceeds from sales of securities 1/
Fiscal year
or month
Withheld,
excise,
and cor
poration 4 /
-
_
4,075
-
Source: Office of Fiscal Assistant Secretary; figures are on basis of
telegraphic reports.
1/ Special depositaries are permitted to make payment in the form of a
deposit credit for the purchase price of U.S. Government securities
purchased by them for their own account, or for the account of their
customers who enter subscriptions through them, when this method of
payment is permitted under the terms of the circulars inviting sub
scriptions to the issues.
2 / United States savings notes first offered for sale as of May 1, 1967.
2 / Retirement plan bonds first offered for sale as of January 1, 1963;
tax and loss bonds first issued in March 1968.
lj Taxes eligible for credit consist of those deposited by taxpayers in
the depositary banks, as follows: Withheld income tax beginning
Income (byspecial
arrange
ment) _5/
Total
credits
With
drawals
End of
period
High
Low
Average
29,190
33,059
34,511
37,519
41,267
43,580
42,475
48,478
70,524
5,919
6,053
9,142
6,521
6,835
9,921
12,598
14,522
9,257
58,520
57,496
55,842
56,438
57,595
58,277
60,050
74,699
91,382
62,994
54,782
56,847
53,076
56,085
59,421
58,540
75,338
97,160
3,744
6,458
5,453
8,815
10,324
9,180
10,689
10,050
4,272
8,055
6,458
7,653
8,889
10,324
10,257
10,872
11,274
9,979
912
1,390
1,161
1,531
2,535
1,577
1,844
447
710
3,638
4,103
4,151
4,457
5,325
4,747
5,431
4,324
3,775
7,900
6,180
8,989
20
-
8,141
6,410
9,210
7,156
8,356
8,408
5,415
3,469
4,272
_
-
9,581
8,712
9,372
8,630
6,104
9,479
9,300
9,328
7,501
9,267
6,868
9,557
4,552
3,937
5,808
5,171
4,407
4,329
1,462
3,469
895
2,360
1,729
1,528
2,896
3,479
1,266
3,443
5,270
2,450
5,503
6,111
9,164
5,204
5,891
9,278
5,415
6,658
4,744
5,897
4,230
6,316
6,670
4,711
5,542
4,691
3,191
3,581
'5,418
4,222
3,368
5,662
6,654
9,964
8,388
_
-
8,404
10,970
10,188
8,609
6,757
9,345
13,061
7,964
5,977
7,601
4,727
5,372
5,977
8,004
7,342
5,372
1,611
3,212
3,305
1,029
3,816
5,636
4,755
2,766
5/
*
March 1948; taxes on employers and employees under the Federal Insur
ance Contributions Act beginning January 1950, and under the Railroad
Retirement Tax Act beginning July 1951; a number of excise taxes
beginning July 1953; estimated corporation income taxes beginning
April 1967; and to a ll corporation income taxes which become due on or
after March 15, 1968.
Under a special procedure begun in March 1951, authorization was given
during certain periods for income tax payments, or a portion of them,
made by checks of $10,000 or more drawn on a special depositary bank,
to be credited to the tax and loan account in that bank. This procedure
was discontinued in April 1967.
Less than $500,000.
22
T reasury B u lle tin
________________________ ACCOUNT OF THE TREASURER OF THE UNITED STATES________________________
T a b l e 3 . - S u m m a r y o f C a s h T r a n s a c t i o n s th ro u g h th e A c c o u n t o f t h e T r e a s u r e r
o f t h e U n it e d S t a te s
(In millions of dollars)
Net.cash transactions other than borrowing
Deposits and withdrawals (budget
and other accounts)
Fiscal year
or month
Cash
deposits
Cash with
drawals 1/
Excess of deposits,
or withdrawals (-)
Clearing
accounts
2/
Total net
transactions
Plus: Net cash borrow
ing, or repayment of
borrowing (-)
Equals: Treasurer’ s
account balance, in
crease, or decrease (-)
1959.............................................
1960.............................................
1961.............................................
1 9 6 2 .........................................
1963.............................................
1964.............................................
1965.............................................
1966.............................................
1967.............................................
81,612
94*862
96,897
105,911
114,454
121,562
125,464
141,095
163,036
93,736
93,817
97,774
112,188
118,477
124,047
126,395
142,191
164,591
-12,124
1,044
-877
-6,278
-4,023
-2,485
-931
-1,095
-1,555
-306
309
-510
1,259
1,039
-1,491
-584
-1,075
654
-12,430
1,353
-1,387
-5,018
-2,984
-3,975
-1,515
-2,171
-901
8,032
1,301
76
8,755
4,670
2,895
3,089
1,968
-3,747
-4,399
2,654
-1,311
3,736
1,686
-1,080
1,575
-203
- 4,648
1967-April.................................
May.....................................
17,133
13,909
19,961
11,285
16,177
12,174
5,849
-2,268
7,786
5,426
-2,390
8,220
-3,363
-869
-6,086
July...................................
10,232
13,288
14,787
9,458
12,282
12,130
-3,641
-5,122
1,590
-6,627
-4,248
-159
-5,621
-4,129
1,193
-6,134
-4,065
-740
5,413
3,186
536
5,340
4,124
185
2,064
-3,259
2,133
-208
-944
1,729
-794
59
-555
March.................................
April.................................
13,284
14,383
12,746
18,796
13,873
18,411
13,197
16,085
16,529
12,289
14,558
17,516
15,001
14,614
-422
-122
433
-1,980
993
-397
493
183
-581
-1,274
-3,133
-2,255
4,182
-284
785
313
-594
-1,558
-2,348
-1,942
3,589
3,333
3,886
-1,570
-1,994
1,775
1,539
-3,512
1,595
Fiscal 1968 to date................
131,387
152,074
-20,687
-1,069
-21,756
22,439
683
September..........................
December...........................
1968-January..............................
Source: Actual figures are based on the daily Treasury statement. Figures
in the first four columns of this table may differ somewhat from those
originally published in the daily Treasury statement because of subsequent reclassification of certain transactions.
1/
2/
Beginning with the February 1963 Bulletin, figures have been revised,
as shown in daily Treasury statements beginning January 2, 1963, to
exclude transactions of clearing accounts.
Previously included under cash withdrawals. See footnote 1.
T a b l e 4 . - G o ld A s s e ts *n d L ia b ilit ie s o f th e T r e a s u r y
(In millions of dollars)
End of calendar year or month
Gold assets 1/
1/
Liabilities:
Gold certificates,
etc. 2/
Balance of gold in
Treasurer' s account
1962............................................................................................................................
1963............................................................................................................................
1964............................................................................................................................
1965............................................................................................................................
19,455.9
17,766.6
16,889.0
15,978.1
15,513.0
15,387.7
13,733.2
13,159.1
11,981.6
May....................................................................................................................
13,108.9
13,109.1
13,109.7
12,990.5
12,994-0
12,997.7
118.4
115.1
112.0
13,107.8
13,008.1
13,006.1
12,905.4
12,907.7
11,981.6
12,993.5
12,888.1
12,899.3
12,798.6
12,781.4
11,869.6
114.3
120.0
106.8
106.8
126.3
112.0
11,984-0
11,882.3
10,484.0
10,484.1
11,872.7
11,772.7
10,372.6
10,372.6
111.4
109.6
111.4
111.4
1968-January.............................................................................................................
February..........................................................................................................
March................................................................................................................
Source: Circulation Statement of United States Money through 1965; daily
Treasury statement thereafter.
1/ Treasury gold stock; does not include gold in Exchange Stabilization
Fund. See "International Financial Statistics," Table 1.
Comprises gold certificates held by the public and in Federal Reserve
Banks, the gold certificate fund - Federal Reserve System, and gold
deposited by and held for the International Monetary Fund. Prior to
March 1968 also includes (l) reserve of $156.0 million against United
States notes and through June 30, 1961, Treasury notes of 1890 and
2/
4/
lj
19,350.5
17,665.6
16,771.2
15,852.1
15,392.9
15,231.0
13,626.4
13,041.3
11,869.6
105.4
101.0
117.8
126.0
120.1
156.7
106.8
117.8
112.0
(2) the redemption fund - Federal Reserve notes (Pursuant to P.L.
90-269 approved March 18, 1968, this fund was combined with gold
certificate fund - Federal Reserve System).
The United States payment of the $34-3.8 million increase in its gold
subscription to the International Monetary Fund, authorized by the
act approved June 17, 1959 (22 U.S.C. 286e) was made on June 23, 1959.
The United States payment of the $258.8 million increase in its gold
subscription to the International Monetary Fund , authorized by
P.L. 89-31, approved June 2, 1965 (79 Stat. 119) was made on June 30,
1965.
M ay 1 9 6 8
23
_
M O N E T A R Y S T A T IS T IC S _
T a b l e 1. - M o n e y
in
C ir c u la t io n
(In millions of dollars except per capita figures)
Currencies no longer issued
End of
fiscal year
or month
Federal
Reserve
bank
notes
National
bank
notes
Gold
certifi
cates 2/
Silver
certifi
cates
Currencies presently
being issued 1/
Federal
Reserve
notes 2/
Treasury
notes of
1890
United
States
notes
Federal
Reserve
notes U
Total
currencies
1959......................................................
I960......................................................
1961......................................................
1962......................................................
1963......................................................
1964......................................................
1965......................................................
1966......................................................
1967......................................................
110
100
92
85
78
73
68
64
61
57
56
54
53
37
36
22
21
21
31
30
30
29
20
19
13
4
4
2,155
2,127
2,094
2,009
1,847
1,723
829
582
395
37
36
36
18
13
4
1
1
31
1
1
1
#
#
*
#
*
*
316
318
318
318
319
321
302
303
300
26,992
27,057
27,316
28,586
30,274
32,338
34,820
37,315
39,289
29,699
29,726
29,943
31,117
32,592
34,529
36,058
38,290
40,071
1966-December.....................................
63
21
4
558
1
'
305
39,231
40,183
April..........................................
May..............................................
62
62
61
61
21
21
21
21
4
4
4
4
1
1
1
1
#
*
302
301
302
300
38,127
38,244
38,907
39,289
39,065
39,180
39,842
40,071
October.......................................
November.....................................
December.....................................
61
61
61
60
60
60
21
21
21
21
21
21
4
4
4
4
4
4
549
547
547
395
392
386
383
379
376
371
304
305
303
303
304
306
39,410
39,573
39,508
39,851
40,831
41,545
40,193
40,351
40,280
40,618
41,597
42,308
1968-January.....................................
February.....................................
March...........................................
60
59
59
21
21
21
4
4
4
366
361
298
1
1
1
299
296
297
40,143
40,135
40,569
40,893
40,877
41,248
July............................................
August.........................................
1
1
1
1
1
1
Coin
End of
fiscal year
or month
1959......................................................
1961......................................................
1962......................................................
1963......................................................
1966......................................................
1967......................................................
Standard
silver
dollars
285
305
329
360
411
482
482
482
482
*
#
*
#
*
»
*
Fractional
coin
Total
coin
Total
money in
circula
tion jj/
1,929
2,033
2,133
2,293
2,466
2,723
3,180
3,782
4,160
2,215
2,338
2,462
2,652
2,878
3,205
3,662
4,264
4,641
31,914
32,065
32,405
33,770
35,470
37,734
39,720
42,554
44,712
180.20
177.47
176.45
180.98
187.30
196.41
204.14
216.10
224.55
Money in
circulation
per capita
(in dollars) 6 /
1966-December.....................................
482
3,998
4,480
44,663
1967-March...........................................
432
482
482
482
4,036
4,069
4,119
4,160
November.....................................
December.....................................
482
482
482
482
482
482
4,192
4,239
4,270
4,321
4,383
4,436
4,518
4,551
4,600
4,641
4,674
4,720
4,752
4,803
4,865
4,918
43,583
43',730
44,443
44,712
44,866
45,071
45,031
45,421
46,463
47,226 2 /
225.45
219-44r
220.01
223.40
224.55
225.10
225.88
225.46
227.20
232.21
235.84
March..........................................
482
482
482
4,445
4,487
4,567
4,927
4,969
5,049
45,819
45,846
46,297
228.69
228.65r
230.73
May.............................................
July.............................................
September...................................
Source:
Circulation Statement of United States Money through December 1965;
thereafter, Statement of United States Currency and Coin.
1/ Excludes gold certificates, Series of 1934, which are issued only to
Federal Reserve banks and do not appear in circulation.
2/ Issued prior to January 30, 1934..
2 / Issued prior to July 1, 1929.
lj
j/
6/
2/
*
Issued on and after July 1, 1929.
Excludes money held by the Treasury and money held by or for the
account of the Federal Reserve banks and agents.
Based on the Bureau of the Census estimated population. Beginning
fiscal 1959 estimates include Alaska, and fiscal I960, Hawaii.
Highest amount to date.
Less than $500,000.
r
Revised.
24
T reasury B u lle tin
DEBT OUTSTANDING
T a b l e 1. - S u m m a r y
o f P u b lic D e b t an d
G u a ra n te e d
A gency
S e c u r itie s
(In millions of dollars)
Total outstanding
Interest-bearing debt
Public debt
Total 1/
Public
debt 2 /
Guaran
teed
securi
ties
1/
1959...........................
1960...........................
1961...........................
1962...........................
1963...........................
1964...........................
1965...........................
1966...........................
1967...........................
284,817
286,471
289,211
298,645
306,466
312,526
317,864
320,369
326,733
284,706
286,331
283,971
298,201
305,860
311,713
317,274
319,907
326,221
111
140
240
444
607
813
590
462
512
281,944
283,380
285,911
294,886
302,559
308,169
313,702
315,892
322,798
281,833
283,241
285,672
294,442
301,954
307,357
313,113
315,431
322,286
110
139
240
1966-December..........
329,814
329,319
495
325,516
1967-April................
May..................
June..................
327,801
330,888
326,221
505
509
512
July..................
August..............
September........
October............
November..........
December..........
328,306
331,397
326,733
331,158
336,374
336,418
341,027
345,634
345,208
330,637
335,850
335,896
340,502
345,090
344,663
February..........
March................
April................
346,813
352,107
350,033
347,545
346,259
351,556
349,473
346,984
End of
fiscal year
or month
Matured debt and debt bearing no interest
Total
Public
debt
Guaran
teed
securi
ties
1/ u
Total
Total
Special notes to Inter
Inter
InterMatured national
national
American
Monetary Development Develop
fund
Association ment Bank
476
1,979
2,238
445
2,496
58
349
438
2,667
115
55
310
2,922
129
125
142
150
-3,289
295
292
3,167
138
150
308
3,614
132
64
3,328
284
-
605
812
589
460
512
2,873
3,090
3,300
3,759
3,907
4,357
4,163
4,477
3,935
2,873
3,090
3,299
3,759
3,906
4,356
4,161
4,476
3,935
325,021
494
4,298
4,298
266
3,669
324,380
327,502
322,798
323,876
326,994
322,286
505
508
512
3,926
3,895
3,935
3,926
3,894
3,935
263
239
284
3,337
3,328
3,328
521
524
523
525
544
545
327,653
332,933
332,968
337,566
342,114
341,738
521
524
521
524
544
545
3,505
3,441
3,451
3,461
3,520
3,470
3,505
3,441
3,449
3,460
3,520
3,469
241
178
192
209
270
260
2,947
2,947
2,942
2,937
2,937
2,892
554
552
561
561
343,365
348,865
346,696
344,176
327,132
332,409
332,447
337,041
341,570
341,194
342,812
348,314
346,136
343,615
553
551
560
561
3,448
3,242
3,337
3,370
3,447
3,242
3,337
3,370
253
267
226
275
2,878
2,658
2,638
2,619
uuu
Source: Daily Treasury statement.
1 / Includes certain debt not subject to statutory limitation.
2 / Includes debt incurred for advances to certain wholly owned Government
agencies in exchange for which their securities were issued to the
Treasury (see Table 6).
T a b le 2 . - C o m p u t e d
In te r e s t C h arge and
3/
Lj
5/
*
Other
5/
417
407
396
484
420
480
414
359
323
Guaran
teed
securi
ties 2 /
(matured)
1
1
1
1
1
1
1
1
*
338
25
_
_
_
_
_
_
_
_
_
-
_
_
_
_
_
_
_
326
328
323
*
*
*
316
316
315
315
313
317
*
2
*
*
317
317
472
476
*
*
*
*
Held outside the Treasury.
Consists of Federal Housing Administration debentures and beginning
July 1959 D. C. Armory Board stadium bonds.
For current month detail, see "Statutory Debt Limitation," Table 2.
Less than $500,000.
C o m p u te d
I n t e r e s t R a t e on
F e d e r a l S e c u r i t ie s
(Dollar amounts in millions)
Total interest-bearing securities
End of
fiscal year
or month
Amount
outstanding
Public debt
and guaran
teed securi
ties 1/
Computed annual interest rate
Computed annual
interest charge
Public
debt
Public ?<*ebt
and guaran
teed securi
ties 1/
Public
debt
Public debt
Total
interestTotal
bearing
public
securi
debt
ties
Marketable issues
Total
2/
y
Bills
Certifi
cates
2.842
4.721
3.073
3.377
3.283
1959.........................
1960.........................
1961.........................
1962.........................
1963.........................
1964.........................
1965.........................
1966.........................
1967.........................
281,944
283,380
285,911
294,886
302,559
308,169
313,702
315,892
322,798
281,833
283,241
285,672
294,442
301,954
307,357
313,113
315,431
322,286
8,069
9,320
8,769
9,534
10,141
10,931
11,488
12,533
12,972
8,066
9,316
8,761
9,519
10,119
10,900
11,467
12,516
12,953
2.867
3.297
3.072
3.240
3.361
3.561
3.678
3.988
4.039
2.867
3.297
3.072
3.239
3.360
3.560
3.678
3.988
4.039
2.891
3.449
3.063
3-285
3.425
3-659
3.800
4.134
4.165
3.316
3.815
2.584
2.926
3.081
3.729
4.064
4.845
4.360
1966-December........
325,516
325,021
13,665
13,646
4.225
4.225
4.459
1967-April..............
May..................
June................
324,380
327,502
322,798
323,876
326,994
322,286
13,268
13,289
12,972
4.114
4.080
4.039
4.114
4.080
4.039
July................
August............
September. . . .
October..........
December.. . . .
327,653
332,933
332,968
337,566
342,114
341,738
13,241
13,607
13,697
14,017
14,478
14,574
4.063
4.109
4.137
4.177
4.258
4.292
4.063
4.109
4.137
4.177
4.258
4.292
1968-January..........
February.. . . .
March..............
April..............
343,365
348,865
346,696
344,176
327,132
332,409
332,447
337,041
341,570
341,194
342,812
348,3U
346,136
343,615
13,249
13,270
12,953
13,222
13,588
13,678
13,997
14,458
14,554
14,722
15,112
15,037
15,011
4.322
4.366
4.371
4.395
4.322
4.366
4.371
4,395
Footnotes at end of Table 5.
14,743
15,133
15,058
15,033
Notes
Guar
Non
anteed
market
Special securi
issues ties
Treasury able
bonds
issues lj
4.851
5.250
3.304
4.058
3.704
3.680
3.921
3.854
3.842
4.321
4.764
2.619
2.639
2.829
3.122
3.344
3-471
3.642
3.655
3.686
2.925
3.219
3.330
3.364
3.412
3.462
3.493
3.713
3.745
2.694
2.772
2.803
2.891
3.003
3.238
3.372
3.693
3.854
2.628
2.681
3.144
3.500
3.658
3.782
3.660
3.632
3.756
5.538
5.250
4.584
3.666
3.742
3.765
3.726
4.299
4.243
4.165
4.871
4.623
4.360
5.250
5.250
5.250
4.735
4-764
4.764
3.668
3.681
3.686
3.749
3.751
3.745
3.735
3.775
3.854
3.745
3.754
3.756
4.196
4.253
4*293
4.348
4.457
4.505
4.552
4.609
4.615
4.644
4.452
4.532
4.668
4.806
4.980
5.135
5.250
4.763
4.910
4.910
4.937
5.073
5.073
3.686
3.687
3.687
3.687
3.689
3.689
3.761
3.764
3.771
3.782
3.821
3.817
3.863
3.907
3.905
3.907
3.922
3.932
3.765
3.766
3.770
3.774
3.779
3.786
5.259
5.324
5.360
5.479
_
_
-
5.073
5.141
5.140
5.151
3.689
3.687
3.687
3.687
3.822
3.830
3.837
3.850
3.905
3.930
3.930
3.962
3.792
3.795
3.803
3.806
-
-
-
-
M ay 1 9 6 8
25
DEBT OUTSTANDING,
Table 3. - Interest-Bearing Public Debt
(In millions of dollars)
Public issues
Total
interestbearing
public
debt
End of
fiscal year
or month
Marketable
Total
public
issues
Total
Bills
Certif
icates
Nonmarketable
U. S.
Total savings
bonds
Treasury
bonds,
Depos
invest
itary
ment
bonds
series
Foreign
series
securi
ties 2 /
Special
Foreign
currency Other issues
series
securi V
ties 2/
Notes
Treasury
bonds 1/
84,853
81,297
80,830
75,025
81,964
88,464
102,481
101,897
97,418
59,050
54,497
53,481
53,431
53,645
54,240
55,768
55,183
55,459
50,503
47,544
47,514
47,607
48,314
49,299
50,043
50,537
51,213
8,365
6,783
5,830
4,727
3,921
3,546
3,256
2,692
2,589
183
170
117
138
103
103
59
44
45
860
648
392
1,132
817
624
75
630
832
1,137
957
890
19
25
29
68
141
137
97
44,756
44,899
45,043
44,939
44,801
46,627
48,650
51,120
56.155
1959.
1960.
1961.
1962.
1963.
1964.
1965.
1966.
1967.
281,833
283,241
285,672
294,442
301,954
307,357
313,113
315,431
322,286
237,078.
238,342
240,629
249,503
257,153
260,729
264,463
264,311
266,131'
178,027
183,845
187,148
196,072
203,508
206,489
208,695
209,127
210,672
32,017
33,415
36,723
42,036
47,230
50,740
53,665
54,929
58,535
33,843
17,650
13,338
13,547
22,169
1,652
5,610
27,314
'51,483
56,257
65,464
52,145
67,284
52,549
50,649
49,108
1966-December.
325,021
273,028
218,025
64,684
5,919
48,271
99,151
55,003
50,752
2,656
45
593
860
96
51,993
1967-April.
May...
June..
323,876
326,994
322,286
272,226
271,824
266,131
217,127
216,650
210,672
64,069
64,067
58,535
5,919
5,610
5,610
48,146
49.104
49,108
98,993
97,868
97,418
55,099
55,175
55,459
51,062
51,148
51,213
897
890
890
97
98
97
270,924
274,100
274,707
279,874
284,198
283,960
214,968
218,258
218,637
223,271
226,081
226,476
62,844
63,344
63,746
68,854
69,453
69,870
5,611
49,119
57,549
57,553
57.104
61,360
61,362
97,394
97,364
97,338
97,313
95,268
95,244
100
92
104
123
141
160
229,285
233,273
231,651
228,718
72,706
72,905
71,300
68,589
61,365
66,719
66,727
66,534
95,214
93,649
93,623
93,596
894
742
923
1,226
2,587
1,944
1,852
1,995
1,844
1,876
1,016
1.015
1.015
1,139
1,200
1,200
286,882
291,072
289,425
286,658
55,955 51,323
55,842 51,376
56,070 51,413
56,603 51,510
58,118 51,588
57,484 51,581
57,597 51,589
57,799 51,629
57,774 51,642
57,939 51,648
46
46
45
46
46
46
44
44
44
31
31
31
31
402
399
624
327,132
332,409
332,447
337,041
341,570
341,194
342,812
348,314
346,136
343,615
2,595
2,593
2,589
2,577
2,571
2,568
2,560
2,559
2,555
1.390
1.390
1,490
1,615
182
201
221
242
51,649
55,170
56.155
56,209
58,309
57,739
57,167
57,372
57,234
55,930
57,242
56,711
56,957
July..........
August. . . .
September.
October...
November..
December..
1968-January—
February..
March........
April.
Source: Daily Treasury statement.
1/ Includes $50 million of Panama Canal bonds for fiscal years 1959-60.
2/ Consists of certificates of indebtedness, Treasury notes beginning
January 1963, and Treasury bonds beginning September 1964, sold to
foreign governments for U. S. dollars.
2/ Consists of the dollar equivalent of Treasury certificates of indebted
ij
2,553
2,552
2,545
2,527
ness; Treasury bonds beginning.October 1962; and Treasury notes beginning
November 1966 issued and payable in designated foreign currencies.
Includes Treasury bonds, Rural Electrification Administration series
beginning July I960; retirement plan bonds beginning January 1963;
Treasury certificates beginning June 1963; Treasury bonds beginning
January 1964; and U. S. savings notes beginning May 1967.
T a b le 4. - M a tu r ity D is t r i b u t i o n a n d Average L en gth o f M a r k e t a b le In te r e st-B e a r in g P u b lic D e b t I
(In millions of dollars)
End of
fiscal year
or month
Maturity classes
Amount
outstanding
Within
1 year
1 -5
years
5 -1 0
years
10 - 20
years
20 years
and over
Average length
1967....................................
178,027
183,845
187,148
196,072
203,508
206,489
208,695
209,127
210,672
72,958
70,467
81,120
88,442
85,294
81,424
87,637
89,136
89,648
58,304
72,844
58,400
57,041
58,026
65,453
56,198
60,933
71,424
17,052
20,246
26,435
26,049
37,385
34,929
39,169
33,596
24,378
21,625
12,630
10,233
9,319
8,360
8,355
8,449
8,439
8,425
8,088
7,658
10,960
15,221
14,444
16,328
17,241
17,023
16,797
4
4
4
4
5
5
5
4
4
1966-December...................
218,025
105,218
59,447
28,005
8,433
16,923
4 yrs.
7 mos.
1967 April.........................
May.............................
June...........................
217,127
216,650
210,672
66,541
70,238
71,424
25,645
25,641
24,378
8,428
8,426
8,425
5 mos.
6 mos.
7 mos.
214,968
218,258
218,637
223,271
226,081
226,476
107,199
116,253
114,646
111,783
8,423
8,422
8,421
8,419
8,418
8,417
8,416
8,414
8,413
8,411
5
5
4
2
2
1
229,285
233,273
231,651
228,718
24,376
21,793
19,840
19,837
21,487
18,859
18,859
24,005
24,006
24,006
4
4
4
4
4
4
1968-January.....................
February...................
71,433
76,244
78,198
78,088
77,320
78,159
78,157
67,967
67,969
67,922
16,843
16,819
16,797
16,780
16,758
16,737
16,719
16,697
16,679
4 yrs.
4 yrs.
4 yrs.
July...........................
August.......................
September.................
October.....................
November...................
99,670
95,524
89,648
93,957
95,040
95,442
100,208
102,158
104,363
16,654
16,635
16,617
16,596
4 yrs.
4 yrs.
4 yrs.
4 yrs.
1959....................................
I960....................................
1961....................................
1962.....................................
1963....................................
1964....................................
1965....................................
Source: Office of Debt Analysis in the Office of the Secretary.
1/ All issues are classified to final maturity except partially tax-exempt
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
7
4
6
11
1
0
4
11
7
mos.
mos.
mos.
mos.
mo.
mo.
mos.
mos.
mos.
mos.
mos.
mos.
mos.
mos.
mo.
0 mo.
1 mo.
0 mo.
0 mo.
bonds which have besen classified to earliest call date. The last of these
bonds were called on August 14, 1962, for redemption on December 15, 1962.
T reasury B u lle tin
26
DEBT OUTSTANDING
T a b le
5 . - S p e c i a l P u b lic D e b t I s s u e s
(In millions of dollars)
End of
fiscal year
or month
Total
Federal
Exchange Deposit
Stabili Insurance
zation
Corpora
Fund
tion
_
-
Federal
Disability
Insurance
Trust
Fund
Federal
home
loan
banks
Federal
Old-Age
and
Survivors
Insurance
Trust Fund
Federal
Savings
and Loan
Insurance
Corpora
tion
Federal
employees’
retirement
funds
Govern
ment
Life
Insurance
Fund
National
High
Service
way
Life
Trust
Insurance
Fund
Fund
Rail
road
Retire
ment
Accounts
Unemploy
ment
Trust
Fund
Other
1/
108
292
232
560
833
629
694
556
500
260
270
312
57
85
1,533
2,017
2,299
2,304
2,165
1,903
1,563
1,150
1,376
165
59
50
74
372
82
100
924
52
17,227
16,413
16,200
15,074
14,221
14,799
15,261
14,403
17,840
116
104
138
182
98
332
287
223
3
8,608
9,397
10,414
11,382
12,438
13,530
14,577
15,189
15,569
1,127
1,107
1,071
1,028
1,003
956
933
938
814
429
1
234
436
678
609
265
238
722
5,742
5,803
5,759
5,804
5,714
5,783
5,909
6,113
5,744
3,417
3,586
3,504
3,316
2,786
2,969
3,123
3,277
3,339
5,636
5,580
4,625
4,657
4,803
4,931
5,799
7,075
7,785
126
138
192
182
155
172
287
974
1,994
51,993
891
1
1,126
929
15,099
93
15,324
825
29
5,868
2,886
7,735
1,188
1967-April..............
May..................
June................
51,649
55,170
56,155
85
140
52
15,524
17,407
17,840
7
8
3
15,136
15,042
15,569
5,546
5,583
5,744
2,6#>
3,240
3,339
7,249
7,935
7,785
52
52
50
52
52
52
17,820
19,087
18,668
18,485
18,566
18,610
3
_
-
5,773
5,776
5,812
5,819
5,840
5,804
3,253
3,290
3,237
3,165
3,160
3,088
7,697
8,242
8,295
8,178
8,444
8,501
55,930
57,2^2
56,711
56,957
903
922
652
840
155
148
148
153
52
52
52
52
17,582
18,284
18,167
18,379
15,639
15,704
15,806
15,826
15,842
15,804
15,816
15,858
15,887
15,913
631
737
711
512
550
508
1968-January..........
February........
March..............
April..............
1,404
1,470
1,488
1,484
1,461
1,419
1,316
1,409
1,513
1,624
795
790
814
897
894
891
886
883
877
484
582
722
56,209
58,309
57,739
57,167
57,372
57,234
66
85
85
80
84
84
87
84
84
1,219
1,358
1,376
July................
August............
September. . . .
October..........
November........
December........
1,256
1,241
833
1,052
1,096
900
919
800
836
873
868
862
856
544
730
733
718
5,726
5,716
5,706
5,682
2,971
2,930
2,896
2,819
8,274
8,560
8,328
8,076
1,612
1,757
1,994
1,907
1,878
1,798
1,756
1,690
1,651
1,707
1,747
1,737
1,752
1959.........................
I960.........................
1961.........................
1962.........................
1963.........................
1964................................
1965.........................
1966.........................
1967.........................
44,756
44,899
45,04.3
44,939
44,801
4.6,627
48,650
51,120
56,155
1966-December........
10
18
30
95
Reopened Insurance Fund beginning May 1965; Federal Hospital Insurance
Trust Fund beginning February 1966; Federal Supplementary Medical
Insurance Trust Fund beginning July 1966; and Export-Import Bank of the
United States beginning February 1967.
Source: Daily Treasury statement.
1/ Consists of: Postal Savings System through 1962; various housing
insurance funds; Veterans’ Special Term Insurance Fund; Veterans'
F o o t n o t e s t o T a b le
Source: On the basis of the daily Treasury statement.
Note: The computed annual interest charge represents the amount of
interest that would be paid i f each interest-bearing issue outstand
ing at the end of each month or year should remain outstanding for a
year at the applicable annual rate of interest. The charge is com
puted for each issue by applying the appropriate annual interest rate
to the amount outstanding on that date (the amount actually borrowed
in the case of securities sold at a premium or discount, beginning
with May I960). The aggregate charge for a ll interest-bearing issues
constitutes the total computed annual interest charge. The average
annual interest rate is computed by dividing the computed annual
1/
2/
2/
Lj
2
interest charge for the total, or for any group of issues, by the
corresponding principal amount. •Beginning with data for December 31,
1958, the computation is based on the rate of effective yield for
issues sold at premium or discount. Prior to that date, it was based
on the coupon rate for a ll issues.
Guaranteed securities included are those held outside the Treasury.
Total includes "Other bonds" through I960; see Table 3.
Included in debt outstanding at face amount, but discount value is
used in computing annual interest charge and annual interest rate.
On United States savings bonds the rate to maturity is applied against
the amount outstanding.
27
M ay 1 9 6 8
DEBT OUTSTANDING
Table 6. - Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(In millions of dollars)
Agriculture Department
End of
fiscal year
or month
Total
Agency
for
Inter
national
Develop
ment 1/
Commodity
Credit
Corpo
ration
Rural
Electri
fication
Adminis
tration
Secretary:
Farmers1
Home
Adminis
tration
programs
2/
Housing and Urban
Development Department
ExportImport
Bank of
Federal
the
National Other
Secretary
United
Mortgage
y
States y
Associ
ation j>/
2/
10
25
50
85
95
100
100
930
1,180
1,330
1,530
1.730
1.730
1.730
1.730
1.730
1,950
1,970
1.964
1,976
1,923
2,019
2,056
2,023
1.850
22
21
22
22
29
35
51
72
90
1,864
25
100
125
1.730
1.965
78
25
25
25
100
100
100
125
125
125
1.730
1.730
1.730
1,875
1.850
1,850
85
87
90
2.670
2.737
2.737
2.737
2,802
2,452
1.437
1,525
1.329
1.438
1.684
2,032
1,787
1,922
1,701
25
25
25
25
25
25
100
100
100
100
100
100
125
125
125
125
125
125
1.730
1.730
1.730
1.730
1.730
1.730
1,854
1,824
1,815
1.817
1.817
1.817
90
91
93
94
96
100
1,972
2.047
2.047
1,862
1.685
1,902
1,831
1,770
25
25
15
10
100
100
100
100
125
126
127
129
1.730
1.730
1.730
1.730
1,832
1,835
1,847
1,849
103
106
110
113
25,343
25,636
26,011
28,634
29,166
29,241
28,354
26,964
24,611
1,164
1,138
1,107
1,062
807
735
712
689
662
12,874
12,704
11,534
12.990
13,599
13.990
13,111
11,763
10.097
3,155
3,332
3,484
3,657
3,828
4,075
4,234
4.518
323
369
456
854
1,027
1,170
1,235
1,436
1.415
1,937
1,636
1,698
1,830
1,476
830
513
178
730
977
1,213
1,567
2,005
2,302
2,753
3,133
2.670
2,351
2,338
3,202
3,167
2,716
2,393
1,899
1,466
1.329
27
29
32
32
25
1966-December..
26,030
675
9,704
4,360
1,403
371
3,629
1967-Apri l
M a y ...,,..
June..........
25,040
25,044
24,611
675
675
662
9,853
10,047
10.097
4,460
4,530
4.518
1,439
1.415
1.415
3,235
2,935
2.670
July.
August
September.
October..,
November..
December..
23,162
24,187
25,219
25,377
24,717
24,947
24,716
25,510
26,392
26,633
662
662
662
662
662
652
8 ,5 1 9
9,2.09
9,650
10,003
8,890
9,772
4.518
4.518
4,618
4,618
4,686
4,597
1.431
1.434
1,428
1,428
1.432
1,421
648
648
648
648
9,956
10,252
10,886
11,413
4.694
4.694
4.794
4.794
1.434
1,428
1,393
1,409
1968-January...
February.,
March........
April.
Source: Daily Treasury statement.
Note: These securities were issued to the Treasury in exchange for ad
vances by the Treasury from public debt receipts under congressional
authorization for specified government corporations and other agencies
to borrow from the Treasury. Further detail may be found in the 1966
Annual Report of the Secretary c'f the Treasury, pages 888-91, and the
1967 Combined Statement of Receipts, Expenditures and Balances of the
United States Government, pages 551-3.
1/ And predecessor agencies. Beginning fiscal 1957 figures exclude notes
previously issued by the Administrator in connection with informational
media guaranties. The obligation for these notes was assumed by the
Director of the United States Information Agency, pursuant to the act
approved July 18, 1956 (22 U.S.C. 1442), and the notes together with
others issued for the same purpose are included in "Other."
2 / Farm housing and other loan programs, and Agricultural Credit Insurance
Fund (formerly Farm Tenant Mortgage Insurance Fund).
2/ Includes securities transferred from the Reconstruction Finance Corpo
ration.
lj Consists of notes issued to borrow for: The urban renewal program
(formerly slum clearance program); college housing loans; and public
facility loans.
y Consists of liabilities taken over by the Association from the
6/
1/
8/
Other
8/
112
118
121
121
123
123
124
125
125
195 9
196 0
196 1
1962...................
196 3
196 4
196 5
196 6
1967...................
48
204
251
429
455
412
618
864
807
Tenn
essee
Valley
Author
ity
Transpor
tation
Veterans1 Under
Dept.
Defense
Adminis
Produc
tration:
Saint
tion
Lawrence Direct
Act
loan
Seaway
of 1950
Develop program
U
ment
Corp.
Secretary in accordance with the act approved August 2, 1954, and
notes issued by the Association under authority of that act (12 U.S.C.
1719 (c), 1720 (d), and 1721 (d)) and also securities transferred
from the Reconstruction Finance Corporation.
Public Housing Administration 1959-1963; Federal Housing Administra
tion beginning January 1966.
Consists of notes of: The Administrator, General Services Administra
tion, for defense materials procurement; the Secretary of Agriculture;
the Secretary of Interior (Defense Minerals Exploration Adminis
tration); the Export-Import Bank of Washington through March 1962;
and the Secretary of the Treasury.
Consists of notes issued by the: United States Information Agency for
informational media guaranties (see footnote l ) ; Secretary of Commerce
(Maritime Administration) for the Federal Ship Mortgage Insurance
Fund, fiscal years 1959-61 and 1963-65, beginning March 1963; Virgin
Islands Corporation beginning fiscal I960; District of Columbia
Commissioners for the Stadium Sinking Fund beginning June 1962;
Secretary of the Interior (Bureau of Mines) for development and
operation of helium properties beginning May 1964, and (Bureau of
Commercial Fisheries) for Federal Ship Mortgage Insurance Fund
beginning January 1966.
28
T reasury B u lle tin
__ _______________________________________ DEBT OUTSTANDING______________________________ __
T a b le 7 . - I n t e r e s t -B e a r in g
S e c u r itie s
Issu e d
by G o v e r n m e n t A g e n c ie s
(in millions of dollars)
Defense
Department
End of
fiscal year
or month
Total
Family
housing
mortgages
Housing and Urban Development Department
Federal National Mortgage Association
Federal
Housing
Admini st rat ion
Participation
Sales Fund
-
Secondary
market
operations
1959.................................
I960.................................
1961.................................
1962.................................
1963.................................
1964.................................
1965.................................
1966.................................
1967.................................
5,048
6,695
6,463
7,948
8,089
8,640
9,334
13,374
18,454
1,045
1,497
1,853
2,151
2,234
2,247
2,181
2,109
2,034
110
139
220
424
586
793
570
441
492
300
2,110
4,830
1,290
2,285
2,199
2,558
1,961
1,699
1,797
3,269
4,079
1967-March.....................
April......................
May.........................
June...............
16,442
16,438
17,523
18,454
2,052
2,046
2,040
2,034
487
485
489
492
3,120
3,120
4,000
4,830
4,011
4,006
3,939
4,079
July........................
August....................
September..............
October..................
18,565
18,582
18,368
18,810
18,835
20,206
2,033
2,027
2,021
2,015
2,007
2,001
501
504
503
505
524
525
4,795
4,795
4,795
4,795
4,765
5,740
4,070
4,050
3,927
4,433
4,543
4,919
21,639
21,740
"22,027
1,995
1,988
1,982
534
531
541
6,990
6,990
6,990
5,087
5,149
5,482
December................
1968-January..................
February................
End of
fiscal year
or month
1,489
1,632
1,754
1,903
2,173
2,369
2,529
2,893
3,363
April.....................
May.........................
June.......................
3,352
3,357
3,393
3,363
October..................
November................
1968-January..................
March......................
-
Other independent agencies - (continued)
Farm. Credit
Administration
Tennessee
Federal
- (continued)
Home Loan
Valley
Federal
Authority
Bank Board
intermediate
credit banks
1959.................................
i960.................................
1961.................................
1962.................................
1963.................................
1964.................................
1965.................................
1966.................................
1967.................................
July.......................
August....................
-
*
*
it
it
*
*
*
it
it
*
-*
it
it
it
it
it
it
0"her
Other independent agencies
Farm Credit
Administration
Export-Import
Bank of the
Banks for
United
cooperatives
States
_
797
797
*
#
300
520
827
1,022
1,385
2,164
315
344
387
467
469
525
709
881
1,072
2,008
2,008
2,164
2,164
1,063
1,068
1,080
1,072
2,161
2,133
2,066
2,054
1,965
1,975
1,102
1,124
1,124
1,167
1,227
1,283
1,967
1,842
1,700
1,283
1,357
1,394
-
-
-
-
-
-
(Memorandum)
Other
*
Federal home
loan banks
Federal land
banks
District of
Columbia
Stadium Fund
3
992
1,255
1,055
1,797
2,770
4,201
4,757
6,310
4,588
1,888
2,138
2,358
2,551
2,725
2,974
3,532
4,106
4,612
20
20
20
20
20
20
20
345
345
415
417
3
3
3
3
5,759
5,100
5,085
4,588
4,450
4,450
4,615
4,612
20
20
20
20
3
3
3
3
3
3
4,605
4,417
4,175
4,073
4,076
4,062
4-,719
4,789
4,788
4,882
4,873
4,912
20
20
20
20
20
20
3
3
3
4,326
4,385
4,133
4,997
4,991
5,126
20
20
20
_
50
145
145
180
225
285
417
3,484
3,531
3,513
3,423
3,324
3,280
5
415
415
417
416
475
475
3,300
3,390
3,455
5
5
6
475
485
476
Source: Bureau of Accounts.
Note: Includes securities which are issued for use as collateral for
commercial bank borrowing.
it
it
it
*
it
it
it
* Less than $500,000.
_
it
M ay 1 9 6 8
29
STATUTORY DEBT LIMITATION.
The Second Liberty Bond Act (31 U.S.C. 757b), as amended
by the Act of June 30, 1967 (Public Law 90-39), provides that
the face amount of obligations issued under authority of that
Act, and the face amount of obligations guaranteed as to
principal and interest by the United States, shall not exceed
in the aggregate $358 billion outstanding at any one time.
In addition, the Act provides that the face amount of
beneficial interests and participations issued under section
302(c) of the Federal National Mortgage Association Charter Act
(12 U.S.C. 1717(c)) during the fiscal year 1968 and out
standing at any time shall be added to the amount otherwise
taken into account in determining whether the requirements of
the above provisions are met.
Effective July 1, 1968, and each July 1 thereafter, the
public debt limit shall be temporarily increased by $7 billion
during the period beginning on such July 1 and ending on
June 29 of the succeeding calendar year.
T a b l e 1. - S t a t u s U n d e r L i m i t a t i o n A p r i l 3 0 , 1 9 6 8
(In millions of dollars)
The statutory debt limit established by the Second Liberty Bond Act, as amended
(31 U.S.C. 757b)............................................................................................................................................
Amounts outstanding subject to statutory debt limitation:
U.S. Government securities issued under the Second Liberty Bond Act, as amended.............
Guaranteed debt of U.S. Government agencies.......................................................................................
Participation certificates (12 U.S.C. 1717(c)).................................................................................
358,000
346,568
561
..........3,250
Total amount outstanding subject to statutory debt limitation................................................
350,380
Balance issuable under limitation.............................................................................................................
7,620
T a b l e 2 . - A p p l i c a t i o n o f S t a tu t o r y L i m i t a t i o n
A p ril 30 ,
1968
(In millions of dollars)
Classification
Total
outstanding
Public debt:
Interest-bearing debt:
Public issues—marketable:
Treasury b ills ...........................................................................................................................................................................
Treasury notes...........................................................................................................................................................................
Treasury bonds...........................................................................................................................................................................
68, 589
66,534
93,596
Total public issues—marketable.......................................................................................................................................
228,718
Public issues—nonmarketable:
Certificates of indebtedness:
1,272
Foreign series................................................................... ...................................................................................................
Foreign currency series...................................................................................................................................................... ......... 217
Treasury notes:
Foreign series.......................................................................................................................................... t .,«< f , ,
490
Foreign currency series............... ............................. ......................................................................................................
1 398
Treasury bonds:
Foreign series....................................................................................................................................................................... .........114
Treasury certificates.............................................................................................................................................................. .......... y]_
U.S. savings bonds............................... ...................................................................................................................................
51,648
U.S. savings notes.............................................................................................................................................................................160
U.S. retirement plan bonds.................................................................................................................................................... ..........26
Depositary bonds....................................................................................................................................................................... ..........31
Treasury bonds, R.E.A. series.............................................................................................................................................. ..........25
Treasury bonds, investment series.......................................................................................................................................
2 527
Total public issues—nonmarketable.................................................................................................................................
57^939
.Special issues to Government agencies and trust funds....................................................................................................
Total interest-bearing debt..............................................................................................................................................
% 957
343 615
Matured debt on which interest has ceased...............................................................................................................................
Debt bearing no interest:
Special notes of the United States:
International Monetary Fund series.....................................................................................................................................
Mortgage Guaranty Insurance Company Tax and Loss Bonds............................................................................. ...................
U.S. savings stamps......................................................................................................................................................................
Excess profits tax refund bonds..............................................................................................................................................
U.S. notes.......................................................................................................................................................................................
Deposits for retirement of national bank and Federal Reserve bank notes..................................................................
Other debt bearing no interest................................................................................................................................................
275
2,619
3
58
1
323
80
11
Total debt bearing no interest.............................................................................................................................................
3,095
Total public debt......................................................................................................................................................................
Guaranteed debt of U.S. government agencies:
Interest-bearing debt...................................................................................................................................................... ..............
Matured debt on which interest has ceased...............................................................................................................................
346,984
Total guaranteed debt of U.S. Government agencies...........................................................................................................
Total public debt and guaranteed debt...................................................................................................................................
Deduct debt not subject to limitation...........................................................................................................................................
Add participation certificates........................................................................................................................................................
Total subject to limitation..................................................................................................................................................
Source: Daily Treasury statement.
*
Less than $500,000.
561
*
551
347,545
416~
3,250
350,380
T reasury B u lle tin
30
.PUBLIC DEBT OPERATIONS.
T a b l e 1. - M a t u r it y S c h e d u le o f I n t e r e s t -B e a r i n g P u b lic M a r k e t a b le S e c u r i t ie s
O u ts ta n d in g A p r i l 3 0 , 1 9 6 8
O th e r t h a n R e g u la r W e e k l y and A n n u a l T r e a s u r y B i lls
(in millions of dollars)
Amount of maturities
Year
and
month
of final
maturity
2/
1968
May.
Description
Total
4-3/4%
3-7/8$
June..
Aug.
Amount of maturities
Held by -
5.108$
5.058$
4-1/4%
3-3/4%
5/15/68-B
5/15/68
Note
Bond
B ill >
6/ 24/68
B ill ,
(Tax ant.
8/15/68-C
8/15/68
Note
Bond
5,587
2,460
( 3 ,006^1
^2,528J
5,937
2,640
U.S. Govt,
investment
ccounts and
Federal Re
serve banks
3,621
516
171
4,499
405
All
other
investors
1,966
1,944
Year
and
month
of final
maturity
Held by
Description
Total
i/
1969
Feb.
5-5/8%
4$
Note
Bond
Apr. . .
1-1/2$
Note
May...
5-5/8$
Note
June..
2/15/69-A
2/15/69
10,738
3,728
-
4/1/69-EA
61
-
5/15/69-B
4,277
343
3,934
2-1/2$
Bond -
6/15/64-69
2,542
415
2,128
1-1/2$
4$
Note
Bond
10/1/69-E0
10/1/69
159
6,247
707
159
5,540
2-1/2$
Bond -
12/15/64-69
2,489
535
1,955
30,241
11,042
19,199
5-1/4$
3-7/8$
2-1/2$
Note
-
Note
Bond
Bond -
Total.
Footnote at end of table.
10/1/68-E0
11/15/68-D
11/15/68
12/15/63-68
115
2/15/70
4,381
476
3,905
3/15/65-70
2,285
666
1,619
8,984
1,158
1,438
2,235
1,788
34,202
115
6,117
113
435
3,694
219
15,662
7,665
1,377
3,073
2,351
6]
5,362
Total.
1-1/2$
U.S. Govt.
All
investment
accounts and other
Federal Re investors
serve banks
2,866
1,045
1970
Feb.
4$
Bond
Mar. . .
2-1/2$
Bond -
Apr.
1-1/2$
Note
4/1/70-EA
Aug.
4$
Bond
8/15/70
4,129
Oct.
1-1/2$
Note
-
10/1/70-E0
113
Nov.
5$
Note
-
11/15/70-A
7,675
1,495
6,180
18,672
3,072
15,600
113
1,569
18,540
Total.
(Continued on following page)
M ay 1 9 6 8
31
PUBLIC DEBT OPERATIONS
Table 1. - Maturity Schedule of Interest-Bearing Public Marketable Securities
Outstanding April 30, 1968
Other than Regular Weekly and Annual Treasury Bills • (Continued)
(in millions of dollars)
Amount of maturities
Amount of maturities
Year
and
month
of final
maturity
Held by
Description
Total
y
U.S. Govt,
investment
accounts and
Federal Re
serve banks
All
other
investors
1971
Feb..
5-3/8%
Note -
2/15/71-C
2,509
176
2,332
Mar. .
2-1/2%
Bond -
3A5 /66-71
1,224
205
1,019
Apr. .
1-1/2%
Note -
4/1/71-EA
35
May..
5-1/4%
Note -
5/15/71-A
4,265
1,820
2,445
Aug..
4%
Bond -
8/15/71
2,806
616
2,189
Oct..
1-1/2%
Note -
10/1/71-E0
72
5-3/8%
3-7/8%
Note
Bond
11/15/71-B
11/15/71
1,734
2,760
170
474
1,564
2,286
15,405
3,462
11,943
366
272
1,640
2,071
Year
and
month
of final
maturity
Held by Description
Total
y
1974
Feb___
4-1/8%
Bond
2/15/74
3,129
549
2,581
May...
4-1/4%
Bond
5/15/74
3,589
577
3,012
5-3/4%
3-7/8%
Note
Bond
11/15/74-A
11/15/74
1,652
2,241
261
685
1,391
1,556
10,611
2,071
8,540
35
Total.
Total.
1972
Feb...
72
1975
Feb___
5-3/4% Note
1980
Feb___
4-3/4%
4%
Note Bond -
2/15/72-A
2/15/72
2,006
2,344
Apr. . .
1-1/2%
Note -
4/1/72-EA
34
May-----
4-3/4% Note
-
5/15/72-B
5,310
2,866
2,444
1983
June. . .
June. . .
2-1/2%
Bond -
6/15/67-72
1,253
124
1,129
1985
May.
4%
Bond -
8/15/72
2,579
528
2,051
Sept.
2-1/2% Bond -
9/15/67-72
1,952
82
1,870
Oct.. . .
1-1/2% Note -
10/l/72-E0
33
12/15/67-72
2,618
220
2,398
18,127
4,460
13,667
-
2/15/75-A
5,149
1,376
3,773
4%
Bond -
2/15/80
2,602
751
1,851
3-1/2%
Bond -
11/15/80
1,908
723
1,185
4,510
1,474
3,036
Total.
32
Aug-----
3-1/4%
Bond -
6/15/78-83
1,569
211
1,358
3-1/4%
4-1/4%
Bond
Bond
5/15/85
5/15/75-85
1,116
1,216
197
421
918
795
2,331
618
1,713
Total.
2-1/2%
1973
Apr
Bond -
1990
Feb.
3-1/2%
Bond -
2/15/90
4,882
1,162
3,721
Aug.
4-1/4%
Bond -
8/15/87-92
3,817
1,100
2,716
Feb.
4%
Bond
2/15/88-93
249
70
180
4-1/8%
Bond -
5/15/89-94
1,559
502
1,057
3%
Bond
2/15/95
1,739
159
1,579
3-1/2%
Bond
11/15/98
4,350
908
3,442
33
1994
May.
1-1/2% Note
4/1/73-EA
Feb.
Aug-----
4%
Bond -
8/15/73
3,894
557
3,336
1998
Nov.
Nov.. . .
4-1/8%
Total.
Bond -
11/15/73
U.S. Govt,
investment
All
accounts and other
(Federal Re investors
serve banks
4,352
437
3,915
8,248
994
7,254
Source: Daily Treasury statement and Office of Debt Analysis in the Office
of the Secretary.
1/
#
For issue date of each security, see "Market Quotations."
Less than $500,000.
T reasury B u lle tin
_ _ PUBLIC DEBT OPERATIONS________________________ _____________
T a b le 2. - O ffe r in g s o f T re a su ry B ills
(Amounts in millions of dollars)
Description of new issue
Maturity
date
Number of
days to
maturity 1/
Amount of
bids
tendered
Total
amount
Amount of bids accepted
On competi
On noncompeti
tive basis
tive basis 2 /
In
exchange
Amount
maturing on
issue date
of new
offering
Total of
unmatured
issues out
standing after
new issues
Regular weekly:
(13-week and 26-week)
Jan.
f 1968-Apr.
L................... \
July
Apr.
11.................... j
Jan.
18...................
Jan.
25....................
Feb.
1....................
Feb.
8....................
1968-Jan.
Feb.
23....................
Feb.
29....................
Mkr.
2,376.8
2,053.2
1 , 501.2
1,001.0
1,285.2
874.6
91
182
1,502.5
1,001.9
1 , 502.2
1,000.8
1,503.5
1,002.4
1 , 500.2
1,000.0
396.7
242.6
1 ,400.6
1,000.1
19,519.2
26,024.0
1,219.3
813.1
216.0
126.5
283.2
188.8
270.6
203.0
1,501.3
1,000.4
19,520.4
26,026.0
1,252.7
850.0
249.5
150.8
407.8
232.7
1,500.4
1,000.7
19,522.2
26,026.1
255.5
139.9
360.1
202.8
19,524.5
26,028.1
244.4
130.1
317.2
261.2
1,501.1
1,000.3
1,501.1
1,000.4
1,501.4
1,000.9
1,248.0
862.5
1,255.8
869.9
1,266.0
884.7
235.4
116.2
345.4
231.7
1,501.5
1,000.5
19,523.6
26,028.2
(
July
f
(
Apr.
July
18
18
91
182
2,413.6
2,100.9
3,552.6
2 , 104.2
J
\
j
\
Apr. 25
July 25
2
May
1
Aug.
91
182
3,217.9
2,680.2
91
182
2,469.9
1,918.1
J
May
Aug.
May
Aug.
9
8
91
182
2,285.5
1,683.7
16
15
91
182
2,618.9
2,219.7
1,501.3
1,001.9
1,277.6
882.6
223.8
119.3
243.9
132.1
1,500.9
1,000.6
19,524.0
26,029.5
May
Aug.
23
22
90
181
1,500.9
1,000.2
1,276.6
877.5
224.3
122.7
377.9
223.2
92
182
1,600.6
1,000.4
1,601.6
1,000.0
1,358.7
874.5
241.9
126.0
428.9
241.7
1,500.0
1,001.5
1,502.1
1,001.4
19,524.9
26,028.2
May 31
Aug. 29
June
6
Sept. 5
June 13
Sept. 12
2,264.5
1 , 846.4
2,510.0
2,052.3
2,732.1
1,931.0
1,355.3
880.7
426.6
222.2
1,500.3
1,001.2
19,724.7
26,026.0
1,600.1
1,000.3
1,600.2
1,000.1
1,328.0
869.0
417.7
203.2
1,500.9
1,000.5
19,823.9
26,025.8
1 , 330.0
876.4
246.3
119.3
272.1
131.3
270.2
123.6
308.7
264.1
1,506.3
1,000.2
19,917.8
26,025.6
1,607.7
1,000.5
1,340.4
879.1
267.4
121.5
401.4
202.4
1,502.2
1,000.3
20,023.4
26,025.9
1
15.................... /
1
Feb.
91
183
4
5
11
11
J
1
j
1
7 ................ |
{
j
91
182
,
19,523.7
26,027.8
19,623.4
26,027.2
June 20
Sept. 19
June 27
Sept. 26
91
182
2,388.8
1,742.9
2,459.6
1,847.8
91
182
3,426.8
1,836.3
f
July
Oct.
92
182
2,178.9
1,601.0
1,600.4
1,000.4
1,331.1
882.2
269.4
118.3
397.1
252.1
1,501.2
1,000.3
20,122.6
26,026.0
Apr.
11.................... J
July
Oct.
5
3
11
10
91
182
1,600.5
1,000.5
1,288.5
866.2
1,502.5
1,000.8
20,220.6
26,025.7
18....................
J
July
Oct.
18
17
.91
182
1,602,5
1,102.6
1,325.8
961.8
386.4
224.0
1,502.2
1,000.1
20,320.9
26,128.2
July 25
Apr.
25.................... J
\
Oct. 24
Tax anticipjation:
11.................... Jl968-Mar. 22
1967-July
1
Apr. 22
22
/
Apr.
9 ....................
Oct.
l
June 24
\
15....................
1968-Jan.
June 24
9-month and one-year:
30.................... p.968-Jan. 31
1967-Apr.
J
Apr. 30
Feb. 29
31.................... /
May
\
May 31
J
Mar.
31
June
30....................
1
June 30
91
182
1,601.0
1,100.7
1,308.8
953.8
311.9
134.3
276.6
140.9
292.2
146.8
311.0
173.7
Apr.
2,394.7
1,883.5
3,256.1
2,492.5
2,614.0
2,328.1
395.5
281.7
1,503.5
1,000.8
20,418.4
26,228.1
255
286
3,251.3
3,027.4
2,003.4
2,001.0
1,733.0
1,775.6
196
259
161
3,217.3
3,279.3
6,359.8
1,506.0
3,005.5
-
2,528.3
1,318.8
2,807.3
2,133.0
-
275
366
500.4
902.0
4^5.5
869.3
14.9
32.7
130.1
192.3
500.0
900.1
500.3
1,000.5
485.5
875.2
482.2
962.3
14*6
24.9
18.1
38.2
111.9
220.7
275
366
100.3
224.7
1,402.0 2/
500.1
1,001.4
July
31.................... f
|
Apr. 30
July 31
274
366
1,265.2
1,535.1
1,132.6
1,308.4
1,182.8
1,770.9
1,196.7
2,587.5
500.3
1,000.6
481.5
953.3
18.8
47.3
60.2
240.7
500.4
994.8
4,503.4
11,111.2
Aug.
31....................
1,297.3
1,901.1
500.7
1,000.1
4,503.4
11,111.5
1,255.5
1,740.7
4,503.4
11,211.6
31....................
274
366
1,282.0
2,073.6
500.5
1,001.8
501.1
904.6
4,502.8
11,308.7
Nov.
30....................
July 31
Oct. 31
Aug. 31
Nov. 30
118.4
230.4
120.6
211.8
500.0
900.1
Oct.
20.8
42.4
21.6
56.9
15.0
39.8
150.7
225.5
272
366
500.7
1,000.3
500.0
1,000.2
479.9
957.9
30.................... j
1
31
31
30
30
274
366
Sept.
May
Aug.
June
Sept.
275
366
1,263.7
1,767.0
31....................
272
366
1,137.1
1,492.9
1,209.2
1,604.2
483.9
965.9
483.2
953.6
75.7
225.9
188.6
271.4
500.0
900.5
500.1
901.0
485.4
956.3
16.2
34.4
17.0
46.3
14.8
43.8
4,503.0
11,408.5
Dec.
500.2
1,000.3
500.2
999.9
500.2
1,000.1
163.5
281.0
500.4
901.0
4,503.1
11,507.4
4,502.8
11,606.5
Mar.
14....................
Mar.
21....................
Mar.
28....................
Apr.
4 ...................
i
f
{
j
{
\
\
J
\
f
\
f
1
J
91
182
274
366
Sept. 30
Dec. 31
Oct. 31
31.................... J
vL969-Jan. 31
29.................... /1968-Nov. 30
Sl969-Feb. 28
274
366
Mar.
31.................... /1968-Dec.
\1969-Mar.
31
31
Apr.
30....................
31
30
1968-Jan.
Feb.
Footnotes at end of table.
1
(
^
Jan.
Apr.
,
478.4
943.3
485.6
962.0
270.4
225.4
187.2
198.2
395.3
1,401.5 2/
-
2,003.4
2,001.0
1,506.0 r
3,005.5 r
5,533.8 r
4,003.2
11,608.2 2 /
4,503.3
11,106.4
4,503.5
11,105.5
500.3
1,001.8
484.4
973.6
15.9
28.1
150.3
250.9
500.0
901.0
4,503.1
11,707.3
274.
365
1,348.3
1,519.5
1,119.7
1,522.7
499.5
1,000.1
484.3
968.2
160.5
263.8
500.3
900.0
276
365
1.439.5
2 . 304.6
500.4
1,000.8
483.2
962.5
15.2
31.9
17.2
38.3
150.2
274.1
500.3
902.0
4,502.3
11,807.3
4,502.4
11,906.1
275
365
M ay 1 9 6 8
33
________PUBLIC DEBT OPERATIONS_________
T a b l e 2 . - O ffe r in g s o f T r e a s u r y B i l l s - (C o n tin u e d )
On total bids accepted
Issue date
Regular weekly:
(13-week and 26-week)
1968-Jan.
4.........................
18.........................
Jan.
25.........................
Feb.
Feb.
8.........................
Feb.
15.........................
Feb.
23.........................
Feb.
29.........................
Mar.
14.........................
Apr.
Apr.
25.........................
Tax anticipation:
1967-July
11.........................
Oct.
9 .........................
1968-Jan.
Price per hundred
(Percent)
Equivalent rate 4/
(Percent)
5.143
5.614
98.731
97.301 5/
98.723
97.360
5.020
5.339
5.052
5.222
98.708
97.272
5.111
5.396
5.080
5.246
98.728
97.318
6/
5.032
5.305
98.7.6
97.348
98.717
97.300
U
K
2/
4.815
4.915
4.898
5.060
98.767
97.478
4.957
5.120
98.783
97.515
98.762
97.442
5.076
5.341
4.878
4.989
98.739
97.397
4.989
5.149
/ 98.726
\ 97.333
5.040
5.276
98.734
97.354
5.008
5.234
98.720
97.326
5.064
5.289
98.765
97.419
( 98.706
97.353
98.736
97.385
98.709
97.310
4.939
5.134
4.904
5.106
98.758
97.411
98.700
97.350
4.968
5.149
5.065
5.235
98.774
97.433
98.721
97.360
4.999
5.172
98.748
97.392
98.731
97.374
5.107
5.321
98.664
97.281
5.285
5.377
98.721 10/
97.335
98.676 11/
97.298 12/
4.953
5.159
5.060
5.271
98.655
97.271
98.689
97.320
5.185
5.301
98.691
97.349
5.238
5.345
5.178
5.244
5.020
5.194
5.127
5.341
5.321
5.398
98.689
97.310
5.186
5.321
98.685
( 97.338
f 98.658
\ 97.270
5.146
5.266
98.711
97.352
5.044
5.238
98.673
97.320
5.193
5.301
5.310
5.399
98.673 12/
97.286 14/
5.250
5.368
98.649
97.260
5.345
5.420
| 98.619
\ 97.185
5.462
5.568
98.626
97.200
5.436
5.538
98.616
97.180
5.475
5.578
/ 98.599
\ 97.124
5.543
5.689
98.614
97.138 15/
5.483
5.661
98.593
97.114
5.566
5.709
f
96.557
\ 96.108
4.861
4.898
96.607 16/
96.171 17/
4.790
4.820
j 97.314
96.325
97.738
4.934
5.108
97.327
96.381
4.910
5.030
96.522
96.065
97.306
96.250
4.910
4.953
4.948
5.212
5.058
97.788 18/
4.946
97.727
5.082
r 97.065
96.104
k 96.998
96.001
3.843
3.833
97.089
96.122 19/
97.028
96.030
3.811
3.8U
3.905
3.905
4.650
4.625
97.044
96.066
96.971
95.966
3.870
3.870
3.980
3.968
96.340
95,080
5.145
5.140
5.040
5.035
5.090
5.080
96.038
94.744
96.099
94.774
96.095
94.745
4.791
4.839
5.206
5.170
95.944
94.592
5.329
5.319
5.448
5.480
5.104
5.593
5.081
5.376
T 98.718
5.070
5.238
/ 98.719
\ 97.303
5.067
5-334
4.846
4.956
\ 97.352
f 98.775
[ 97.494
/ 98.747
\ 97.^12
f
Apr.
lj
98.700
97.146
28.........................
Apr.
Low
Equivalent rate
5.056
5.571
Mar.
Mar.
Price per hundred
98.722
97.168
98.710
\ 97.157
\ 97.282
Jan.
Equivalent average
rate 4/
(Percent)
f
f 98.716
Jan.
Mar.
Average price
per hundred
On competitive bids Accepted
Hi Sh
[
5.005
5.222
98.704
97.300
5.087
5.242
9-month and one-year:
1967-Apr.
30.........................
May
31.........................
June
30.........................
July
* 96.392
95.189
* 96.070
94.764
* 96.120
94.815
3.945
3.934
4.723
4.732
5.164
5.150
5.097
5.100
96.448 20/
95.298
96.084 21/
94.774 22/
96.164.
94.881 22/
5.125
5.140
5.168
5.169
Aug.
31.........................
Sept.
30.........................
* 96.113
94.791
5.144
5.124
Oct.
31.........................
* 95.956
94.610
5.313
5.301
96.154
94.835
95.982 24/
94.637 25/
Nov.
30.........................
* 95.858
94.479
5.422
5.431
95.883
94.525
5.279
5.275
5.390
5.385
Dec.
31.........................
) 95.803
\ 94-364
5.555
5.544
95.833
94.408
5.515
5.500
95.838
94.429
95.777
94.307
1968-Jan.
31.........................
5.254
5.267
96.028
94.685 26/
5.219
5.228
95.970
94.576
5.295
5.335
Feb.
29.........................
5.240
5.281
96.021
94.708 27/
5.209
5.220
95.975
94.587
Mar.
31.........................
5.423
5.475
Apr.
30.........................
/ 96.001
< 94.645
J 95.998
y 94.646
f 95.872
[ 94.449
j 95.657
^ 94.258
95.922
94.536 28/
95.668
94.272
5.358
5.389
5.650
5.650
95.840
94.373
95.645
94.241
5.269
5.339
5.466
5.550
5.680
5.680
Footnotes on following page.
5.665
5.663
5.589
5.600
T reasury B u lle tin
34
PUBLIC DEBT OPERATIONS
F o o t n o t e s to T a b l e 2
Source: Daily Treasury statement; Bureau of the Public Debt.
1/ The 13-week b ills represent additional issues of bills with an
original maturity of 26-weeks and the 9-month bills represent
additional issues of bills with an original maturity of one-year.
2 / For 13-week and 26-week issues, tenders for $200,000 or less from
any one bidder are accepted in fu ll at average price of accepted
competitive bids; for other issues, the corresponding amount is
stipulated in each offering announcement.
2/ Includes strip bills issued November 2$, 1966.
lj Bank discount basis.
y Except $10,000 at 97.304.
6 / Except $164.,000 at 97.4-47.
7/ Except $5,000 at 98.736, and $338,000 at 97.538.
8/ Except $15,000 at 98.767.
9 / Except $15,000 at 97.478.
10/ Except $100,000 at 98.736, and $12,000 at 98.731.
11/ Except $100,000 at 98.706.
12/ Except $25,000 at 97.305.
13/ Except $300,000 at 98.685.
Except $850,000 at 97.300.
15/ Except $1,000,000 at 97.149.
16/ Except $500,000 at 96.635.
17/ Except $500,000 at 9 6 . 564, $500,000 at 96.550, $500,000 at 96.226,
$500,000 at 96.195, and $1,500,000 at 96.187.
18/ Except $40,000 at 97.813.
19/ Except $23,000 at 96.137, $1,000,000 at 96.130 and $336,000 at 96.127.
20/ Except $800,000 at 9 6 .463.
21/ Except $100,000 at 96.385 and $25,000 at 96.200.
22/ Except $100,000 at 95.215, $25,000 at 94-800, $1,000,000 at 94.795 and
$1,000,000 at 94.785.
22/ Except $100,000 at 94-950.
7jJ Except $3,000,000 at 95-990.
2y Except $238,000 at 94-951.
26/ Except $200,000 at 94-69327/ Except $500,000 at 94.728.
28/ Except $900,000 at 94*545.
r
Revised.
yj
M ay 1 9 6 8
35
.PUBLIC DEBT OPERATIONS.
Table 3. - New Money Financing through Regular Weekly Treasury Bills 1/
(Dollar amounts in millions)
Description of issue
Issue
date
Number of
days to
maturity
Maturity
date
Amount
of bids
tendered,
Amount
of bids
accepted
Average rate
on bids
accepted 2 /
New money
increase, or
decrease (-)
(Percent)
1966-January
6.
1966-April
July
January
13■
April
July
January
20.
April
July
H
14
21
21
January
27.
April
July
28
28
91
182
2,084
2,305
1,301
1,000
February
3.
May
August
91
182
2,145
1,672
1,301
1,000
February
10.
May
August
5
4
12
11
4-596
4.699
4.638
4.740
91
182
2,401
2,010
1,304
1,001
4.650
4-775
104
17.
May
August
19
18
91
182
2,365
1,984
1,300
1,001
4.695
4.876
100
26
25
June
2
September
1
June
9
September
8
91
182
2,404
2,095
1,311
1,001
4.696
4.892
111
91
182
1,301
1,001
4.661
4.861
102
91
182
2,343
2,049
2,008
1,642
1,300
1,000
4.620
4-816
99
February
February
March
24..
3•
7
7
91
182
May
August
$1,304
1,003
4.532
4-718
$105
91
182
$1,966
1,933
2,258
2,004
1,302
1,000
4.585
4.737
102
91
182
2,296
2,166
1,301
1,001
4.673
4.770
97
101
98
March
10.
March
17.
June
September
16
15
91
182
2,320
2,767
1,301
1,002
March
24-.
June
23
22
91
182
2,223
1,923
1,301
1,000
4.718
4.915
4.576
4.776
March
31.
30
29
91
182
2,265
1,884
1,300
1,000
4.554
4.755
100
97
92
1967-July
13.
1967-October
1968-January
13
11
92
182
2,207
1,646
1,400
1,000
4.286
4.689
99
July
20.
1967-October
1968-January
19
18
91
182
2,405
1,867
1,401
1,001
4.244
4.745
100
27.
^1967-October
1 1968-January
26
25
91
182
2,366
2,030
1,401
1,000
4.424
5.044
100
1,405
1,000
4.181
4.639
102
1,400
1,000
4.173
4.757
100
4.194
4.791
98
4.334
4.922
103
97
July
3,
( 1967-November
1968-February
2
1
91
182
10,
1967-November
1968-February
9
8
91
182
2,368
2,019
2,422
1,981
17,
1967-November
1968-February
91
182
2,348
1,980
24-.
r1967-November
1968-February
92
183
2,232
2,023
1,400
1,001
1,402
1,001
31.
1967-November
1968-February
16
15
24
23
30
29
91
182
2,367
2,196
1,400
1,001
4.492
4.994
7.
1967-December
1 1968-March
7
7
91
182
1,401
1,001
102
September 14-.
1967-December
1 1968-March
14
1,401
1,001
4.324
4.765
4.358
4.952
August
August
August
August
August
91
182
September 21.
1967-December
1968-March
U
21
21
2,679
1,633
2,162
1,793
91
182
2,004
1,810
1,400
1,000
4-489
4.998
100
September 28.
1967-December
1968-March
28
28
91
182
2,822
1,845
1,401
1,000
4.628
5.143
101
4
4
11
11
91
182
2,065
1,907
1,401
1,000
4.513
5.. 098
99
90
181
2,183
1,892
1,501
1,001
4.563
5.022
101
18
18
91
182
91
182
2,452
2,006
2,757
1,964
1,500
1,000
1,501
1,00]
4.678
5.165
4.597
5.124
91
182
1,501
1,000
1,501
1,001
4.543
5.043
4.674
5.180
September
October
5.
January
April
October
13.
January
April
19.
January
April
January
April
October
October
26.
November
2.
November
9.
November
16.
November
24-.
November
30.
Footnotes at end of table.
25
25
February
May
February
May
1
2
8
9
91
182
2,286
1,911
2,382
1,757
February
May
15
16
91
182
2,628
1,652
1,501
1,000
February
May
February
May
23
23
91
181
3,038
2,289
29
31
91
183
2,705
2,146
(Continued on following page)
99
99
101
96
102
100
1,500
1,000
4.648
5.154
4.988
5.517
1,502
1,003
4.957
5.535
103
98
36
T reasury B u lle tin
PUBLIC DEBT OPERATIONS.
T a b le 3 . - N e w M o n e y F in a n c in g th ro u g h R e g u la r W e e k ly T rea su ry B ills
1/ -
(C o n tin u e d )
(Dollar amounts in millions)
Description of issue
Number of
days to
maturity
Maturity
date
Issue
date
Amount
of bids
tendered
Amount
of bids
accepted
Average rate
of bids
accepted 2/
New money
increase, or
decrease (-)
(Percent)
7
6
91
182
$2,762
2,416
$1,500
1,001
4.988
5.579
J
399
2,489
1,974
2,730
2,304
1,501
1,000
101
\
112
28,
March
June
28
27
91
182
2,451
2,063
1,502
1,003
4.943
5.493
5.128
5.659
4-990
5.515
>
March
June
14
13
21
20
91
182
|
104
4
April
July
45
91
183
2,377
2,053
1,501
1,001
5.104
5.593
\
102
February
29
May
August
31
29
92
182
2,510
2,052
1,601
1,000
5.065
5.235
r
97
March
7,
June
September
6
5
91
182
1
100
14-.
June
September
13
12
91
182
1,602
1,000
1,600
1,000
4.999
5.172
March
5.107
5.321
I
99
March
21,
June
September
20
19
91
182
2,732
1,931
2,389
1,743
2,460
1,848
1,600
1,000
5.285
5.377
J
94
March
28,
June
September
27
26
91
182
3,427
1,836
106
92
182
2,179
1,601
5.185
5.301
5.146
5.266
>
5
3
1,608
1,001
1,600
1,000
J
99
2,395
1,884
3,256
2,493
2,614
2,328
1,600
1,001
5.310
5.399
5.462
5.568
|
98
)
203
)
197
7.
J1968-March
June
December
14-,
March
June
December
21,
1967-December
December
1968-January
91
182
April
4-.
July
October
April
11,
July
October
11
10
91
182
April
18,
July
October
18
17
91
182
April
25
July
October
25
24
91
182
Source: See Table 2. Information in Table 3 covers b ill offerings
July 1, 1965 through April 30, 1968.
l / Excludes issues of strips of additional amounts of outstanding, regular
2/
1,506
1,006
1,602
1,103
1,601
1,101
5.543
5.689
weekly b ills for cash on November 25, 1966 ($1,202 million).
Table 4Equivalent average rate on bank discount basis.
See
M ay 1 9 6 8
37
.PUBLIC DEBT OPERATIONS.
Table 4. - Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills
Date subscrip
tion books
opened or bill
tenders received
7/27/6?
Issue
date
Period to final
maturity
(years, months,
days) 2/
Description of securities 1/
Amount of sub
scriptions tendered
Cash
Exchange
Amount issued 2 /
For
cash
( In millions of dollars)
1,000
_
5,151
In exchange
u
7/31/65
3.875% Bill
-
7/31/66
8/13/65
4%
Note
-
2/15/67-0
8/15/62
4%
Bond
8/24/65
8/31/65
4.006% Bill
-
8/31/66
365d
1,927
9/24/65
9/30/65
4.236% Bill
-
9/30/66
365d
2,970
-
1,000
-
10/1/65
1-1/2% Note
-
10/1/70-EQ
113
-
10/11/65
3.783% Bill
-
3/22/66 - Tax ant. 8 /
I62d
4,052
-
3,009
113
-
10/11/65
3.941% Bill
6/22/66 - Tax ant. 8 /
254d
2,209
8/2/65
u
365d
5/
2/15/69 - Reopening J>/
iy
6m
3y
6m
1,715
-
1,884
5y
Allot
ment
ratio
5,151 ^
w
1,884 J
1,000
100
-
10/ 5/65
10/ 26/65
4.192% Bill
-
10/11/65
4-1/4% Note
4.075% Bill
-
11/23/65
12/23/65
111/30/65
12/31/65
4.277% Bill
4.731% Bill
-
12/29/65
10/11/65
4.281% Bill
11/ 1/65
11/ 17/65
10/31/65
11/15/65
10/31/66
5/15/67-D
6/26/66 - Tax ant. 8/
(Reopening;
6/22/66 - Tax ant. 8 /
(Reopening)
1/10/66
1/19/66
1/31/66
1/31/66
(2/ 15/66
12/15/66
2/23/66
2/28/66
4.945% Bill
3/24/66
3/31/66
4.739% Bill
4/1/66
1-1/2% Note
4/ 26/66
4/30/66
4.773% Bill
-
4/30/67
5/2/66
5/25/66
6/23/66
5/15/66
5/31/66
4-7/8% Note
4.966% Bill
-
11/15/67-F
5/31/67
6/30/67
U
7/26/66
8/1/66
Cert.
Bill
Note
Note
6/30/66
4.697% Bill
7/31/66
8/15/66
8/15/66
8/26/66
4.964% Bill
5-1/4% Cert.
5-1/4% Note
5.338% Bill
8/18/66
8/ 25/66
9/27/66
1/
10/11/66
10/25/66
1/31/67
8/15/67-E /
11/15/70-A \
-
2/28/67
-
3/31/67
-
4/l/71-EA
_
-
8/26/66
5.433% Bill
8/31/66
r6/30/66
5.844% Bill
5.808% Bill
9/30/66
5.806% Bill
-
10/1/66
1-1/2% Note
8/26/66
5.483% Bill
-
10/18/66
5.586% Bill
7/31/66
5.567% Bill
L0/31/66
11/1/66
_
-
-
_
-
11/15/66-A
365d
2,304
_
1,000
_
210d
12,067
5,164
-
3,125
2,513
6,623
-
365d
365d
1,949
2,720
1,001
1,00]
l68d
3,.647
_
_
10,133
1,917
_
-
2,117
7,675
1,652
1,001
-
-
1,000
-
1,000
-
35
_
-
35
6m
11/30/66
12/31/66
1/ 25/66
4-3/4%
4.699%
4-7/8%
5%
iy
10m
2/
365d
5/
iy
4y
6m
9m
365d
1,771
365d
1,571
365d
7/31/67
8/15/67-A
5/15/71-A
5/
3/22/67 - Tax ant. 8/
ly
iy
4y
9/
-
5y
5/
1,003
365d
1,834
2,013
365d
1,569
_
365d
1,869
_
_
5,919
4,265
2,950
-
6m
9m
208d
8,135
-
1,007
1,001
_
1,001
'
1,490
-
1,003
-
2,237
-
1,000
-
273d
985
-
500
365d
1,473
_
_
900
_
-
4/21/67 - Tax ant. 8 /
(Reopening)
6/22/67 - Tax ant. 8/
185d
2,279
247d
2,457
7/31/67 - Reopening
273d
1,076
365d
2,272
10/31/67
2/15/68-A
ll/15/71-B
1/15/66
11/15/66
/ 8/31/66
5.552% Bill
b-1/ 30/66
5.519% Bill
11/30/67
11/2 5/66
K &
<£P
«111
Dll-L
f 3/31/67 \
ly
5y
8/31/67 - ■Reopening
5,860 ]
14,029 [ 2 /
3m
"Strip” of 3
\ 5/31/67j series 18/
2,007
500
-
905
1,702
1,668
1,183
501
365d
2,164
900
(Continued on following page)
72
1,507
274d
156.3d 2,987
(Average]
100
J
365d
72
_
1L
J
_
238d
5.544% Bill
5-5/8% Note
5-3/8% Note
Footnotes at end of table.
_
8,135
_
8/31/67
6/30/67 - Reopening
5y
100
-
^ Q1Q 1
2,006
n/
12/
7,675 j ±2/
1,001
995
11/23/66
11/17/66
-
4/21/67 - Tax ant. 8/
9/30/67
lO/l/71-EO
10/
1,202 12/
932 1 1A/
66 j
17/
38
T reasury B u lle tin
.PUBLIC DEBT OPERATIONS.
Table 4. - Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills - (Continued)
Date subscrip
tion books
opened or b ill
tenders received
Issue
date
Period to final
maturity
(years, months,
days) 2/
Description of securities 1/
Amount of sub
scriptions tendered
Cash
Exchange
Amount issued 3/
-Allot
In exchange ment
ratio
u
For
cash
(In millions of dollars)
*01
-
1 0/18 /6 6
5.245% B ill
-
6/22/67 - Tax ant. 8/
(Reopening)
l?2d
1,662
f 9 /3 0 /6 6
4.920% Bill
-
9/30/67 - Reopening
270d
1,093
500
|12/3l/66
4.820% Bill
-
12/31/67
365d
1,665
901
flO/31/66
4.656% Bill
-
10/31/67 - Reopening
273d
1,316
501
1 /3 1/67
4.577% Bill
-
1/31/68
365d
1,508
901
2 /1 5/67
2 /1 5 /6 7
4-3/4% Note
4-3/4% Note
-
5/15/68-B
2/15/72-A
11/30/66
4.718% B ill
-
2 /2 8 /6 7
4.696% Bill
-
1 0/18 /6 6
4.295% B ill
-
4.077% Bill
-
4.074% Bill
12/6/66
1 2/27 /6 6
1 /2 4 /6 7
1 /3 0 /6 7
)
57
11/30/67 - Reopening
iy
5y
3m
19,915^1
22,135 J 9 /
1,951
1,777
500
275d
1,307
2/29/68
366d
2,396
-
901
6/22/67 - Tax ant. 8/
(Reopening)
lOld
3,928
-
2,707
275d
1,299
366d
1,669
-
275d
1,266
366d
3,636^1 20/
228J
21/
-
2 /2 1 /6 7
3 /7 /6 7
12/31/67 - Reopening
500
-
900
-
34
-
34
-
500
-
1,537
-
902
-
6,444
5,310
-
3 /2 8 /6 7
U
-
3/31/68
1-1/2% Note
-
4/1/72-EA
3.843% Bill
-
3.833% Bill
5y
1/31/68 - Reopening
4 /2 5 / 6 7
5 /1 5/67
5 /1 5 /6 7
5 /1 /6 7
-
4/30/68
4-1/4% Note
4-3/4% Note
-
8/ 15/ 68-c l
5/15/72-BJ\
3.945% B ill
5/
iy
5y
3m
500
-
2/29/68 - Reopening
274d
1,133
3.934% Bill
-
5/31/68
366d
1,398
900
4.723% B ill
-
3/31/68 - Reopening
275d
1,183
500
1,001
6,444 '
5,310
100
-
5 /2 4/67
6 /2 7/67
7 /5 /6 7
4.732% Bill
-
6/ 30/68
366d
1,771
4.861% Bill
-
3/22/68 - Tax ant. 8 /
255d
3,251
-
2,003
4.898% B ill
-
4/22/68 - Tax ant. 8/
286d
3,027
-
2,001
5.164% B ill
-
4/30/68 - Reopening
274d
1,197
5.150% Bill
500
7 /2 5/67
-
7/31/68
S /1 /6 7
5-1/4% Note
-
11/15/68-D
5/
8 /2 2 /6 7
5-3/8% Note
-
2/15/71-C
5/
5.097% Bill
-
5/31/68 - Reopening
5.100% Bill
-
6 /3 0 /6 7
9 /3 0 / 6 7
5.144% Bill
5.124% Bill
-
1 0 /1 /6 7
1-1/2% Note
-
f 7 /1 1/67
4.934% Bill
-
2,587
1,001
-
iy
3m
366d
15,660
3,550
6,363
2kl
3y
5lsm
6,004
2,509
-
25/
274d
1,297
501
-
8/ 31/68
366d
1,901
1,000
-
6/ 30/68 - Reopening
9/30/68
272d
366d
1,256
1,741
-
500
1,000
-
-
33
-
33
196d
3,217
-
1,506
-
259d
3,279
274d
366d
1,282
2,074
2/
8 /2 4/67
9 /2 6 /6 7
f
u
1 0/3/67
10/1/72-E0
5y
4/22/68 - Tax ant. 8/
(Reopening)
6/24/68 - Tax ant. 8/
1 0/9/67
5.108% Bill
r 7 /3 1 /6 7
(JLO /3 1 /6 7
5.313% Bill
5.301% Bill
-
f 11/15/67
(J L l/ 1 5 / 6 7
5-5/8% Note
5-3/4% Note
_
1 1 /22 /6 7
f 8 /3 1 /6 7
^1 1 /3 0 /6 7
5.422% Bill
5.431% Bill
-
8/ 31/68 - Reopening
11/ 30/68
275d
366d
1 2/26 /6 7
f 9 /3 0 / 6 7
\ l2 / 3 1 / 6 7
5.555% Bill
5.544% Bill
-
9/30/68 - Reopening
12/ 31/68
1/9/68
1 0 /9 /6 7
5.058% Bill
1/25/68
f 10/31/67
5.254% B ill
5.267% B ill
6/ 24/68 - Tax ant. 8/
(Reopening)
10/ 31/68 - Reopening
1/31/69
\
1 0/24 /6 7
1 0 /30 /6 7
^ 1/31/68
Footnotes on following page.
-
7/31/68 - Reopening
10/ 31/68
2/15/69-A
11/15/74-A
iy
7y
3,006
-
501
1,002
-
_
3,156
1,507
7,581
145
1,264
1,767
-
500
1,000
-
272d
366d
1,137
1,493
-
l6ld
6,360
274d
366d
1,209
1,604
3m
15,645^
14,132 J\v
(Continued on following page)
500
1,000
2,528
-
500
1,000
-
26/
27/
M ay 1 9 6 8
39
-------------------------- PUBLIC DEBT OPERATIONS_________________
Table 4. - Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills - (Continued)
Date subscrip
tion books
opened or b ill
tenders received
Issue
date
Description of securities 1/
Period to final
maturity
(years, months,
days) 2 /
Amount of sub
scriptions tendered
Cash
Exchange
Amount issued
For
cash
2/
AllotIn exchange ment
ratio
y
(in millions of dollars)
2/5/68
2/13/68
2/15/68
5-3/4% Note
2/15/75-A
7y
2/21/68
5-5/8% Note
5/15/69-B
iy
2/21/68
/il/3 0 /6 7
^ 2/29/68
5.240% Bill
5.281% Bill
3/20/68
p.2/31/67
^ 3/31/68
5.423% Bill
5.475% Bill
U
11/30/68-Reopening
2/28/69
12/3l/68-Reopening
3/31/69
4/1/68
1-1/2% Note
4/1/73-EA
4/23/68
f 1/31/68
5.665% Bill
5.663% Bill
1/31/69-Reopening
4/30/69
5/6/68
5/15/68
6%
Note
5/15/75-B
7y
5/8/68
5/15/68
6%-
Note
8/15/69-C
iy
^4/30/68
Source:
Bureau of the Public Debt.
Bonds, notes, and certificates of indebtedness issued at par except
those bearing footnote 5. For b ill issues, always sold at auction,
the rate shown is the equivalent average rate (bank discount basis)
on accepted bids. For details of b ill offerings, see Table 2.
On September 3, 1963, the Treasury began the monthly issuance of oneyear b ills to mature on the last day of each month and, in addition,
on September 30, 1966, it began the monthly issuance of b ills to
mature in nine months.
Tj From date of additional issue in case of a reopening.
2/ In reopenings, the amount issued is in addition to the amount of
original offering.
lj For securities exchanged for the new issues, see Table 8.
$/ Price at which issued appears in either Table 5 or 6.
y Includes $3,051 million of the 4% notes and $1,076 million of the 4%
bonds allotted to Federal Reserve banks and Government investment
accounts.
7 / Exchange offering available to owners of nonmarketable 2-3/4% Treasury
bonds, Investment Series B-1975-80, dated April 1, 1951. For further
information on the original offering see Treasury Bulletin for
April 1951, page A-l. Amounts shown are as of April 30-, 1968.
8/ Tax anticipation b ill, acceptable at face value in payment of income
taxes due on the 15th of the month in which the bills mature.
2 / Payment for subscriptions allotted could be made in cash or in
Treasury bonds, notes, or certificates of indebtedness maturing on the
issue date of the new security.
10/ Consists of allotments paid for with Treasury notes maturing
November 15, 1965.
11/ Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds,
international organizations in which the United States holds member
ship, foreign central banks and foreign states, Government investment
accounts and the Federal Reserve banks, totaling $7,169 million, were
allotted in full where, as provided in the offering circular, the
subscriber made the required certification of ownership of notes
maturing November 15, 1965. Subscriptions subject to allotment totaled
$4,898 million: those up to and including $200,000 were allotted in
fu ll; a ll others were allotted 48 percent but, in no case less
than $200,000.
12/ Subscriptions for $50,000 or less were allotted in fu ll. Subscriptions
for more than $50,000 were allotted 14.5 percent but in no case less
than $50,000.
13/ Includes $1,250 million of the 4-7/8% notes and $1,121 million of the
5% notes allotted to Federal Reserve banks and Government investment
accounts.
1lj Includes $6,685 million allotted to Federal Reserve banks and Govern
ment investment accounts.
15/ Includes $4,431 million of the 5-1/4% certificates and $1,519 million
of the 5-l/4% notes allotted to Federal Reserve banks and Government
investment accounts.
16/ Consists of allotments paid for with Treasury bonds, notes, and certif
icates of indebtedness maturing November 15; 1966.
17/ Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, inter
national organizations in which the United States holds membership,
foreign central banks and foreign states, Government investment accounts
and the Federal Reserve banks, totaling $943 million for the 5-5/8%
notes and $75 million for the 5-3/8% notes, were allotted in full where,
as provided in the offering circulars, the subscriber made the required
certification of ownership of securities maturing November 15, 1966.
Subscriptions subject to allotment totaled #4,918 million for the 5-5/8%
notes which were allotted 30 percent, and $13,954 million for the 5-3/8%
notes which were allotted 10 percent; subscriptions for $100,000 or
less were allotted in fu ll, and subscriptions for more than $100,000
were allotted not less than $100,000.
18/ Sale of a "strip" of Treasury b ills, consisting of an additional $400
million of three series of outstanding one-year Treasury b ills maturing
March 31, April 30, and May 31, 1967.
1/
5,149p
3m
5,149p 28/
275d
365d
9,873p
1,348
1,520
4,277p
500
1,002
274d
365d
1,120
1,523
500
1,000
276d
365d
1,440
2,305
500
1,001
100
22/
5y
19/
20/
21/
22/
23/
24/
25/
26/
27/
28/
29/
30/
31/
32/
p
6,749p
3m
10,285p 2 /
6,749p
3,352p
20/
15p 31/
100
12/
Issued for cash and in exchange for Treasury b ills maturing November
25, 1966.
Consists of allotments paid for with Treasury notes maturing February
15, 1967.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, inter
national organizations in which the United States holds membership,
foreign central banks and foreign states, Government investment accounts
and the Federal Reserve banks, totaling $3,675 million for the notes
of Series B-1968 and $248 million for the notes of Series A-1972, were
allotted in full where, as provided in the offering circulars, the
subscriber made the required certification of ownership of securities
maturing February 15, 1967. Subscriptions subject to allotment totaled
$16,240 million for the notes of Series B-1968, those up to and
including $100,000 were allotted in fu ll, all others were allotted 10
percent but in no case less than $100,000, and $21,887 million for the
notes of Series A-1972, those up to and including $50,000 were allotted
in fu ll, all others were allotted 7 percent but in no case less
than $50,000.
Includes $4,430 million of the 4-1/4% notes and $2,576 million of the
4-3/4% notes allotted to Federal Reserve banks and Government invest
ment accounts.
Consists of allotments paid for with Treasury certificates of
indebtedness and notes maturing August 15, 1967.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, inter
national organizations in which the United States holds membership,
foreign central banks and foreign states, Government investment account,
and the Federal Reserve banks, totaling $6,34.0 million, were allotted
in full where, as provided in the offering circular, the subscriber
made the required certification of ownership of securities maturing
August 15, 1967. Subscriptions subject to allotment totaled #9,320
million: those up to and including $100,000 were allotted in fulls
a ll others were allotted 35 percent but in no case less than $100,000.
Subscriptions for $100,000 or less were allotted in fu ll. Subscrip
tions for more than $100,000 were allotted 38 percent but in no case
less than #100,000.
Consists of allotments paid for with Treasury notes and bonds
maturing November 15, 1967.
Subscriptions from States, political subdivisions or, instrumentalities
thereof, public pension and retirement and other public funds,
international organizations in which the United States holds member
ship, foreign central banks and foreign states, Government investment
accounts and the Federal Reserve banks, totalir^g $7,575 million for
the notes of Series A-1969 and $149 million for the notes of Series
A-1974, were allotted in full where, as provided in the offering
circulars, the subscriber made the required certification of owner
ship of securities maturing November 15, 1967. Subscriptions subject
to allotment totaled $8,070 million for the notes of Series A-1969
which were allotted 36 percent, and $13,984 million for the notes of
Series A-1974 which were allotted 7-1/2 percent; subscriptions for
$100,000 or less were allotted in fu ll, and subscriptions for more
than $100,000 were allotted not less than $100,000.
Includes $1,280 million allotted to Federal Reserve banks and
Government investment accounts.
Subscriptions for $200,000 or less were allotted in fu ll. Sub
scriptions for more than $200,000 were allotted 39 percent but
in no case less than $200,000.
Includes $3,993 million exchanged by Federal Reserve banks and
Government investment accounts.
Consists of allotments paid for with Treasury notes and bonds
maturing May 15, 1968.
Subscriptions for $100,000 or less were allotted in fu ll. Sub
scriptions for more than $100,000 were allotted 28 percent but
in no case less than $100,000.
Preliminary.
T reasury B u lle tin
40
.PUBLIC DEBT OPERATIONS.
Table 5. - Unmatured Marketable Securities Issued in Advance Refunding Operations
Description of securities
Date of
financing
Adjustment payments
at issue (per $100
of face value) 1 /
Amount issued
(In millions)
Effective
yield 2 /
Investment
yield y
3.88%
4.14%
2-1/2% Bond
-
$0.65
1.60
0.95
4.01
4.23
4.08
4.02
4.02
4.02
3-1/4% Certificate
4-3/4% Note
3-3/4% Note
-
0.45
0.80
0.30
0.45
0.50
0.65
0.10
0.25
$0.30
4.10
4.18
4.06
4.10
4.11
4.14
4.03
4.07
3.96
4.06
4.06
4.06
4.06
4.08
4.08
4.09
4.08
4.08
5%
4-7/8%
3-3/4%
3-3/4%
3-7/8%
4%
3-5/8%
3-3/4%
3-5/8%
Note
Note
Note
Note
Note
Note
Note
Bond
Note
0.30
4.13
4.10
4.21
4.09
4.15
4.12
4.05
3.92
4.16
4.18
4.18
4.18
4.18
4.18
4.18
4.17
2-5/8%
3-1/2%
4%
3-5/8%
3-7/8%
3-3/4%
3-3/4%
3-5/8%
Bond
Note
Note
Note
Note
Bond
Note
Bond
0.25
4.29
4.33
4.17
4.17
4.32
3.96
4.15
4.15
4.16
4.16
4.16
4.15
5%
4-7/8%
3-3/4%
3-3/4%
4-5/8%
2-5/8%
Note
Note
Note
Note
Note
Bond
2.00
4.00
3.75
4.11
4.10
3% Bond
2-5/8% Bond
By
Treasury
To
Treasury
Eligible securities exchanged
1968
3-7/8% Bond
-
5/15/68
6/23/60
$320
3-7/8% Bond
- 11/15/68
9/18/63
620
194
{.
777
y
y
U
y
11/15/61
5/15/64-B
5/15/64-A
5/15/64-D
1,591
f
1262
Bond
-
10/1/69 V
287
250
635
161
399
179
942
294
579
7/24/64
y
y
y
y
y
-
_
_
_
-
8/15/64-B
11/15/64-C
8/15/64-E
11/15/64-F
5/15/65-C
8/15/66-A
2/15/66-B
5/15/66
2/15/67-B
3,726
1970
4%
Bond
-
2/15/70
674
640
176
588
379
300
903
724
1/19/65
U
U
k/
U
U
U
u
0.60
0.45
0.90
0.40
0.70
0.50
0.05
-
_
_
-
-
2/15/65
11/15/65-B
11/15/65-E
2/15/66-B
2/15/66-C
5/15/66
8/15/67-A
11/15/67
4,381
Bond
-
8/15/70 5/
1/29/64
,
1.65
1.85
0.95
0.95
1.80
-
'
-
-
8/15/64-B
11/15/64-C
8/15/64-E
11/15/64-F
5/15/65-A
2/15/65
2,223
1971
l$>
y
y
y
278 y
221 y
654 y
165
211
694
Bond
3-7/8% Bond
8/15/71
- 11/15/71 5 /
3/9/62
3/15/63
1,154
1,651
2,806
y
y
693
94
532
196
y
y
y
y
1.10
0.90
0.70
0.70
4.03
4.00
3.97
3.97
3.97
3.96
3.97
3.96
3-1/2%
3-1/8%
2-1/2%
3%
Certificate
Certificate
Bond
Bond
8/15/63-C
11/15/63-D
8/15/63
2/15/64
y
y
y
y
y
y
0.70
0.30
0.60
0.60
0.60
1.20
4.09
4.04
4.07
4.07
4.08
4.15
4.06
4.05
4.06
4.06
4.06
4.07
3-1/2%
2-5/8%
3-1/4%
3-1/4%
3-1/4%
4%
Certificate
Note
Note
Certificate
Note
Note
2/15/63-A
2/15/63-A
2/15/63-E
5/15/63-B
5/15/63-D
5/15/63-B
2/15/64
2/15/65
1, 515
1972
Bond
-
8/15/72
9/20/62
370
259
402
449
720
379
' 2 , 579
Footnotes at end of table.
(Continued on following page)
-
M ay 1 9 6 8
41
PUBLIC DEBT OPERATIONS
T a b l e 5 . - U n m a tu r e d M a r k e t a b le S e c u r i t i e s I s s u e d in A d v a n c e R e f u n d i n g O p e r a t i o n s - (C o n tin u e d )
Description of securities
Date of
financing
1973
Bond -
8/15/73
9/18/63
Amount issued
(In millions)
$500
2.14
782
621
340
721
716
Lj
k/
lj
U
u
U
Adjustment payments
at issue (per $100
of face value) 1/
Effective
yield 2 /
Investment
yield 2 /
4.14%
4.26
4.18
4.16
4.22
4.07
4.12
4.15%
4.14
4.14
4.15
4.15
4.15
4.14
3-1/4% Certificate
4- 3/ 4% Note
3-3/4% Note
3-3/4% Bond
4%
Note
3-5/8% Note
3-3/4% Note
-
5/15/64-B
5/15/64-A
5/15/64-D
5/15/66
8/15/66-A
2/15/67-B
8/15/67-A
0.90
1.25
0.75
0.90
0.95
1.10
0.55
0.70
0.15
4.24
4.29
4.22
4.24
4.25
4.27
4.20
4.23
4.17
4.22
4.22
4.22
4.22
4.23
4.23
4.24
4.23
4.23
5%
4-7/8%
3-3/4%
3-3/4%
3-7/8%
4%
3-5/8%
3-3/4%
3-5/8%
Note
Note
Note
Note
Note
Note
Note
Bond
Note
_
8/15/64-B
11/15/64-C
8/15/64-E
11/15/64-F
5/15/65-C
8/15/66-A
2/15/66-B
5/15/66
2/15/67-B
0.65
0.50
0.95
0.45
0.75
0.55
0.10
4.21
4.19
4.26
4.19
4.22
4.20
4.16
4.08
4.23
4.24
4.24
4.24
4.24
4.24
4.24
4.24
2-5/8%
3-1/2%
4%
3-5/8%
3-7/8%
3-3/4%
3-3/4%
3-5/8%
Bond
Note
Note
Note
Note
Bond
Note
Bond
3.88
4.04
4.08
3.97
3.97
3.98
3.98
3.97
|3%
3-1/2%
3-5/8%
3-3/8%
Bond
Note
Note
Bond
1.15
4.30
4.32
4.25
4.25
4.31
4.17
4.25
4.25
4.25
4.25
4.25
4.25
5%
i 4-7/8%
3-3/4%
3-3/4%
4-5/8%
2-5/8%
Note
Note
Note
Note
Note
Bond
0.25
3.98
By
Treasury
Eligible securities exchanged
To
Treasury
$1.15
2.10
1.45
1.15
1.80
0.40
0.70
3,894
4-1/8% Bond -
11/15/73
7/24/64
362
232
344
213
769
334
1,303
297
503
U
k/
u
k/
k/
-
~
4,357
4-1/8% Bond
2/15/74
1/19/65
493
416 lj
140 u
334 k/
400 lj
147 U
461 4 /
739 V
$0.25
”
2/15/65
11/15/65-B
11/15/65-E
2/15/66-B
2/15/66-C
5/15/66
8/15/67-A
11/15/67
—
8/15/66
11/15/65-B
2/15/66-B
11/15/66
-
3,130
3-7/8% Bond -
11/15/74 5/
3/15/63
251 U
136 V
314 k/
373 4 /
1.50
1.70
0.90
1,074
1975
4-1/4% Bond -
5/15/75-85 5 /
1/29/64
106 U
117 U
239 u
158 V
76 lj
53 4 /
0.75
0.95
0.05
0.05
0.90
_
_
-
-
8/15/64-B
11/15/64-C
8/15/64-E
11/15/64-F
5/15/65-A
2/15/65
748
1980
3/9/62
4%
Bond -
2/15/80 5/
3/15/63
563 4 /
17
2
195
420
49
24
210
213
jj
4/
V
u
4/
U
U
4/
0.90
0.70
1.00
1.20
0.50
0.50
0.50
0.40
4.20
2-5/8% Bond
-
4.07
4.06
4.08
4.11
4.04
4.04
3.96
4.03
4.04
4.04
4.04
4.04
4.04
4.03
4.03
4.03
3-1/2%
3-1/8%
3-1/2%
3-5/8%
2-1/2%
3%
3%
3-3/8%
-
3.34
3.25
4.16
4.15
2-1/2% Bond
2-1/2% Bond
- 3/15/65-70
- 3/15/66-71
3.50
3.92
2-1/2% Bond
- 6/15/62-67
Certificate
Certificate
Note
Note
Bond
Bond
Bond
Bond
2/15/65
8/15/63-C
11/15/63-D
11/15/65-B
2/15/66-B
8/15/63
2/15/64
8/15/66
11/15/66
1,131
3-1/2% Bond -
11/15/80 5/
9/29/61
1,035
238
u
U
2.25
3.50
1,27?
10/3/60
Footnotes at end of table.
643
lj
(Continued on following page)
42
T reasury B u lle tin
.PUBLIC DEBT OPERATIONS.
Table 5. - Unmatured Marketable Securities Issued in Advance Refunding Operations - (Continued)
Description of securities
Date of
financing
Amount Issued
(In millions)
1987
7/24/64-
J
\
L
4-1/4$ Bond -
$197
118
196
145
188
151
148
21
35
Adjustment payments
at issue (per $100
of face value)l/
By
Treasury
Effective
yield 2 /
Investment
yield 2 /
4.25$
4.28
4.24
4.25
4.26
4.27
4.23
4.24
4.22
4.24$
4.24
4.24
4.24
4.25
4.25
4.25
4.25
4.25
5$
4-7/8$
3-3/4$
3-3/4$
3-7/8$
4$
3-5/8$
3-3/4$
3-5/8$
Note
Note
Note
Note
Note
Note
Note
Bond
Note
8/15/64-B
11/15/64-C
8/15/64-E
11/15/64-F
5/15/65-C
8/15/66-A
2/15/66-B
5/15/66
2/15/67-B.
4.23
4.23
4.26
4.22
4.24
4.23
4.21
4.18
4.24
4.25
4.25
4.25
4.25
4.25
4.25
4.25
2-5/8$
3-1/2$
4$
3-5/8$
3-7/8$
3-3/4$
3-3/4$
3-5/8$
Bond
Note
Note
Note
Note
Bond
Note
Bond
2/15/65
11/15/65-B
11/15/65-E
2/15/66-B
2/15/66-C
5/15/66
8/15/67-A
11/15/67
4.20
4.26
4.22
4.21
4.24
4.17
4.20
4.21
4.20
4.20
4.21
4.21
4.21
4.20
3-1/4$
4-3/4$
3-3/4$
3-3/4$
4$
3-5/8$
3-3/4$
Certificate
Note
Note
Bond
Note
Note
Note
0.25
3.56
3.49
4.23
4.21
2-1/2$ Bond
2-1/2$ Bond
3/15/65-70
3/15/66-71
1.25
1.50
1.75
3.43
3.42
3.40
4.21
4.21
4.19
2-1/2$ Bond
2-1/2$ Bond
2-1/2$ Bond
6/15/67-72
9/15/67-72
12/15/67-72
2-1/2$ Bond
12/15/63-68
$0.05
0.40
-
y
1/
y
y
y
$0.10
0.05
0.10
0.25
-
-
Eligible securities exchanged
To
Treasury
0.30
0.15
0.70
1,198
8/15/87-92 5 /
641
282
145
144
665
116
140
122
1/19/65
y
U
U
y
U
lj
y
0.25
0.40
0.05
0.45
0.15
0.35
0.80
1.15
2,254
4-1/8$ Bond -
5/15/89-94 5 /
9/18/63
i
375
126
317
114
105
91
132
y
y
y
y
y
y
y
1.35
2.30
1.65
1.35
2.00
0.60
0.90
y
y
1.00
-
5/15/64-B
5/15/64-A
5/15/64-D
5/15/66
8/15/66-A
2/15/67-B
8/15/67-A
1,260
1990
9/29/61
3-1/2* Bond -
722
576
1,298
2/15/90 £ /
3/16/62
233 U
345 V
322 U
900,
3-1/2$ Bond -
11/15/98 £ /
10/3/60
993 4 /
9/29/61
495
692
3/16/62
10/3/60
1/
2/
y
Lj
3.50
2.00
1.00
1,187
181 lj
420 V
333 Lj
933
1,095
1,248
2,343
0.25
0.50
U
y
Does not include payments for accrued interest.
The effective rate of interest on the new issue is the coupon rate
adjusted for the amount paid by or to the Treasury as discount or
premium on the new security exchanged for eligible securities
originally issued at par. For eligible securities originally issued
at prices other than par, the payment by or to the Treasury is
applied to the price adjusted for the pro rata amortization of the
original discount or premium to the date of the advance funding.
3.60
3.55
4.19
4.19
2-1/2% Bond
2-1/2$ Bond
3/15/65-70
3/15/66-71
3.50
3.49
3.48
4.19
4.19
4.17
2-1/2$ Bond
2-1/2$ Bond
2-1/2% Bond
6/15/67-72
9/15/67-72
12/15/67-72
3.50
3.50
3.97
3.99
2-1/2$ Bond
2-1/2% Bond
6/15/64-69
12/15/64-69
Based on the mean of bid and asked prices of securities eligible for
exchange (adjusted for payments on account of purchase price of
securities issued) at noon on the day before announcement by the
Treasury.
V Gain or loss on exchange deferred in accordance with Section 1037a of
the Internal Revenue Code.
*»/ Additional issue.
1/
M ay 1 9 6 8
43
.PUBLIC DEBT OPERATIONS.
Table 6. - Unmatured Marketable Securities Issued at a Premium or Discount
Other than Advance Refunding Operations
Date of
financing
Description of securities
Effective
interest
rate
mt issued
millions)
Average price
per hundred
$131
289
8
320
$99,375
99.375
99.375
99.375
3.98%
3.98
3.98
3.98
3-1/8%
4%
1-1/2%
2-3/4%
99.50
99.50
3.96
3.96
Series F & G savings bonds
1/
99.875
99.875
99.875
4.85
4.85
4.85
1/
3-5/8% Note
4%
Note
2/15/67-B
2/15/67-C
99.95
100.05
4.29
4.21
4-1/4% Note
2-1/2% Bond
5/15/67-4)
6/15/67
99.94
99.94
99.94
99.94
5.30
5.30
5.30
5.30
5-1/4% Cert.
3-3/4% Note
4-7/8% Note
1/
_
-
8/15/67-A
8/15/67-A
8/15/67-E
-
8/13/65-D
Eligible securities exchanged
1968
8/1/61
3-7/8%
Bond
5/15/68
Note
5/15/68-B
-
-
8/1/61-C
8 /l/6 l-A
10/1/61-E0
9/15/61
749
12/20/61
4-3/4%
Cert.
Note
Note
Bond
C
320
*
320
1,951
396
3,240
2/15/67
5,587
4-1/4%
Note
8/15/68-C
5/15/67
t
5,804
640
6,444
5-1/4%
Note
11/15/68-D
8/15/67
4,621
420
1,322
3,550
<5,913
2/15/69
8/13/65
1,884
99.45
4.17
3-7/8% Note
147
100.50
100.50
3.93
3.93
Series F & G savings bonds
1/
1969
1&
4%
Bond
Bond
10/1/69 2 /
12/15/60
147
1/24/62
1,114
99.75
4.04
1/
2/15/66
1,230
657
2,625
324
100.25
100.30
100.45
100.90
4.94
4.93
4.90
4.79
4%
3-3/4%
4%
3%
1970
5%
Note
11/15/70-A
1971
5-3/8%
5-1/4%
Note
Bond
Note
Bond
_
-
-
5/15/66-D
5/15/66
8/15/66-A
8/15/66
4,836
Note
Note
2/15/71-C
5/15/71-A
8/30/67
2,509
99.92
5.40
1/
8/15/66
517
584
586
100.10
100.35
100.55
5.23
5.17
5.12
4-3/4% Cert.
4%
Note
3-3/8% Bond
99.50
99.50
99.50
3.94
3.94
3.94
3%
Cert.
4%
Note
2-1/4% Bond
99.50
99.50
3.94
3.94
Series F & G savings bonds
1/
99.625
99.625
99.625
4.84
4.84
4.84
1/
3-5/8% Note
4%
Note
100.10
99.70
100.15
99.80
4.73
4.82
4.72
4.80
2-1/2%
5-1/4%
3-3/4%
4-7/8%
100.25
100.25
4.22
4.22
4-5/8% Note
3-7/8% Note
_
-
-
11/15/66-A
ll/15/66-E
11/15/66
1,687
5/15/62
{
3-7/8%
Bond
Note
2/15/72-A
5/15/62-A
5/15/62-E
6/15/62
1,204
11/15/71 2 /
12/15/62
4-3/lS
465
284
455
c
41
-*
41
1,777
54
174
2/15/67
2/15/67-B
2/ 15/ 67-C
2,006
4-3/iS
Note
5/15/72-B
446
308
837
213
5/15/67
Bond
Cert.
Note
Note
_
-
-
6/15/67
8/15/67-A
8/15/67-A
8/15/67-E
1,804
1974
4-1/4% Bond
Footnotes at end of table.
5/15/65
5/15/74
{-
732
1,329
2,062
(Continued on following page)
5/15/65-A
5/15/65-C
44
T reasury B u lle tin
PUBLIC DEBT OPERATIONS
T a b le 6. - U n m a tu r e d M a r k e t a b l e S e c u r i t i e s I s s u e d a t a P r e m iu m o r D i s c o u n t
O th e r th a n
Date of
financing
Description of securities
1974
3-7/8 % Bend
2/
11/15/61
2/15/75-A
2/15/68
11/15/74
A d v a n c e R e f u n d in g O p e r a t io n s - ( C o n t i n u e d )
1975
5-3/4*
Note
/
Amount issued
(in millions)
Average price
per hundred
Effective
interest
rate
$517
199.00
3.9r?%
2-1/2% Bond
507
1,107
930
*
99.40
99.15
99.85
99.85
5.73
5.73
5.73
5.72
4-1/4%
3-3/4%
5-1/4*
3-7/8*
99.00
99.50
99.50
4 .O'7
4.04
4.04
1/
Series F & G savings bonds
y
1,135
100.50
3.22
1/
;
360
101.00
101.00
101.00
4.19
4.19
4.19
4%
Note
3-1/4% Note
1/
f
I
Eligible securities exchanged
Note
Bond
Note
Bond
11/15/61
8/15/68-C
8/15/68
11/15/68-D
11/15/68
2,978
1980
Bond
4%
2/15/80 2/
f
1/23/59
\
12/15/62
884
{
1985
3-1/4%
Bond
5/15/85
6/3/58
Bond
8/15/87-92 2 /
8/15/62
■
34
1987
4-1/4%
(1
365
1988
4%
Bond
2/15/88-93
1/17/63
250
99.85
4.01
1/
Bond
5/15/89-94
4/18/63
300
100.55
4.09
1/
1989
4-1/8%
1/
2/
Issued for cash.
Additional issue.
Less than $500,000.
8/15/62-B
8/15/62-G
M ay 1 9 6 8
45
PUBLIC DEBT OPERATIONS
Table 7. - Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part A. - Other than Treasury Bills 1/
(In millions of dollars)
Allotments by investor classes
Issues
Amount issued
Date of
financ
ing
8/13/65
11/15/65
1/19/66
2/15/66
5/15/66
8/15/66
11/15/66
Description of securities
14%
]4%
4-1/4%
(5-1/4%
]5-l/4%
(5-5/8%
Commer
cial
banks
Indi
vidu
als
u
y
Insur
ance
compa
nies
Mutual
sav
ings
banks
Corpo
rations
4/
Private
pension
and re
tirement
funds
Note
Bond
2/15/67-C
2/15/69
2/
-
5,151
1,884
3,051
1,076
1,210
476
88
7
34
36
27
7
Note
5/15/67-D
8/
3,125
6,623
6,577
1,854
144
47
84
l l / 15/ 66-A
1,652
-
1,469
62
9
10
25
2
8/15/67-E
11/15/70-A
_
8
163
126
22.0
2
72
17
47
4-3/4% Cert.
f4-7/8 % Note
Note
]5%
4-7/8%
For
cash
U. S. Gov
ernment
In
investment
exchange
accounts
for
and
other
Federal’
securi Reserve
ties
Banks
Note
Cert.
Note
Note
[5-3/8% Note
11/15/67-F
8/15/67-A
5/15/71-A
2/15/68-Al
ll/15/71-Bj 8/
2,117
7,675
1,250
1,121
524
3,919
44
388
10
222
8,135
6,685
704
56
27
236
6
144
State and local
governments j>/
Pension
and re
tire
ment
funds
37
4
Dealers
and
Other brokers
funds
All
other
4/
274
104
75
119
119
49
175
313
371
18
4
53
81
327
28
636
44
600
3
185
225
186
154
343
118
222
39
1
*
8
-
5,919
4,265
4,431
1,519
741
1,679
79
119
10
88
12
46
156
97
9
11
1
4
208
137
1,702
1,668
932
66
843
-
1,012
929
99
115
29
25
24
44
128
144
15
6
1
5
116
76
249
295
118
95
1,951
1,777
3,636
228
3,488
139
1,148
790
94
132.
19
47
27
58
167
164
20
10
1
2
194
112.
305
353
123
198
_
-
6,444
5,310
4,430
2,576
1,212
1,658
62
78
11
74
17
15
178
73
18
6
1
1
156
148
196
454
163
225
30
65
135
26
4
317
481
385
2/15/67
(4-3/4% Note
\4-3/4% Note
5/15/68- b\
2/15/72-Aj
?/ ±J/ 0 (
(4-1/4%
Note
\4-3/4% Note
8/15/68-C
5/15/72-B
8/15/67
5-1/4% Note
11/15/68-D
3,550
6,363
6,066
2,240
164
8/30/67
5-3/8%
Note
2/15/71-C
2,509
-
52
1,900
83
15
43
24
6
3
24
179
180
(5-5/8%
]5-3/4%
5-3/4%
5-5/8%
Note
Note
2/15/69-A
11/15/74-A
3,156
1,507
7,581
145
7,486
77
1,973
716
127
207
53
24
47
65
125
64
19
21
1
7
121
87
535
217
250
167
Note
2/15/75-A
5,149p
1,2.80
2,430
131
99
75
52
22
12
169
512
367
Note
5/15/69-B
139
3,637
99
7
2.1
30
3
17
184
140
11/15/67
2/15/68
2/21/68
OI
2/
8/
4,277p
Source: Based on subscription and allotment reports. For detail of
offerings see Table 41 / Excludes l-l/2% Treasury notes issued in exchange to holders of non
marketable 2-3/4 %Treasury bonds, Investment Series B-1975-80.
2 / Includes trust companies and stock savings banks.
U Includes partnerships and personal trust accounts.
U Exclusive of banks and insurance companies.
5 / Consists of trust, sinking, and investment funds of State and local
governments and their agencies.
6/
U
8/
Includes savings and loan associations, nonprofit institutions, and
investments of foreign balances and international accounts in this
country.
Reopening of earlier issue.
Offerings subject to allotment, were made for the purpose of paying
off maturing securities in cash. Holders of the maturing securities
were not offered preemptive rights to exchange their holdings but
were permitted to present them in payment or exchange, in whole or
in part, for the new issues.
Less than $500,000*
p Preliminary.
46
T reasury B u lle tin
______________________________________ PUBLIC DEBT OPERATIONS______________________________________
Table 7. - Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part B. - Treasury Bills Other than Regular Weekly Series
(In millions of dollars)
Total amount issued
Date of
financing
Date of
maturity
Average
rate
One-year
series
9-month
series
X/
Tax antici
pation
series
Allotments by investor classes
Other
series
(percent)
U. S. Gov
ernment
investment
accounts
and
Federal
Reserve
Banks
Commer
cial
banks
Corpo
rations
2/
Dealers
and
brokers
All
other
7/31/65
7/31/66
160
293
37
420
90
8/31/66
3.875
4.006
1,000
8/31/65
1,000
189
311
14
408
78
9/30/65
9/30/66
4.236
1,000
283
83
f 3/22/66
^6/22/66
10/31/65
10/31/66
3.783
3.94-1
4.192
31
2
1
264
10/11/65
339
3,001
1,001
202
314
73
281
11/24/65
6/22/66
4.075
-
2,499
1
8
11/30/65
11/30/66
4.277
1,001
171
256
12/31/65
1/5/66
12/31/66
6/22/66
4.731
4.281
1,001
63
453
291
5
22
1/31/67
4.699
1,001
995
436
459
1
1/31/66
192.
8
2
99
180
40
176
2/28/66
2/28/67
4.945
1,000
124
352
151
3/31/67
4.739
1,000
75
314
397
59
3/31/66
29
125
4/30/66
4/30/67
1,001
5/31/67
1,001
190
198
332
5/31/66
4.773
4.966
302
34
30
374
302
347
406
124
128
170
6/30/66
6/30/67
7/31/66
7/31/67
8/ 26/66
f 3/22/67
^4/21/67
8/31/66
8/31/67
9/30/66
f 6/30/67
10/18/66
f 4/21/67
10/31/66
]^9/30/67
^6/22/67
f ? / 31/67
p /3 1 /6 7
11/ 25/66
11/30/66
r V
I 8/31/67
5-1/30/67
12/12/66
6/22/67
12/31/66
f 9/30/67
]12/3l/67
1/31/67
fl0 /3 1/67
^ 1/31/68
2/28/67
/il/3 0 /6 7
^ 2/29/68
3,009
1,003
1,000
2,513
1,007
50
995
383
236
34
17
1,996
1,000
1
1
5.844
5.808
5.806
1,000
265
350
403
2
307
_
150
80
185
235
3C8
5
30
158
212
-
1,498
2,000
107
84
221
189
138
277
2,006
1,003
500
900
1,507 2 /
2,007
5.4-83
5.586
500
5.567
5.544
5.318
905
1,202
501
5.552
5.519
5.245
4.920
4.820
4.656
4*577
4.718
4*696
900
801 2/
•
500
901
4.295
4-077
4.074
900
4/30/67
f 1/31/68
| 4/30/68
3.843
3.833
902
5/31/67
f 2/29/68
( 5/31/68
6/30/67
j 3/31/68
^ 6/ 30/68
3.945
3.934
4.723
4.732
7/11/67
j 3/22/68
\ 4/22/68
4.861
4.898
7/31/67
[ 4/30/68
\ 7/31/68
5.164
5.150
1,001
i 5/ 31/68
\ 8/ 31/68
f 6/ 30/68
^ 9/ 30/68
5.097
5.100
1,000
5.144
5.124
1,000
r 4/ 22/68
< 6/ 24/68
4.934
5.108
10/9/67
Footnotes at end of table.
5
9
107
143
9
2
95
22
165
4
7
149
535
11
79
1,196
1
167
243
179
1
7
187
275
603
186
217
5
8
98
2
280
238
17
8
45
157
28r7
7
32
500
128
263
227
238
8
2
2,707 3/
130
12
18
k
151
212
901
6/22/67
17
231
'
501
901
Jl2/3l/67
^ 3/31/68
9/30/67
2J
1,001
3/13/67
8/31/67
1/
6
1
4.697
4.964
5.338
5.433
3/31/67
r
_
181
234
116
307
9
170
5
136
21
91
_
2,673
1
500
98
159
134223
255
366
33
8
127
500
130
193
167
315
5
25
7
7
189
244
500
7
143
124
233
162
335
229
317
1
4
1
9
2
2
143
276
3
70
184
246
X
_
225
232
216
337
21
28
152
332
7
87
1
5
6
132
1
6
270
9
122
290
369
1,500
2,901
6
24
1
1
52
217
16
139
900
500
1,001
2,003
2,001
-
500
96
277
501
188
263
136
251
500
1,506
3,006
y
(Continued on following page)
100
146
324
2,000
1,994
87
_
5
4
M ay 1 9 6 8
47
PUBLIC DEBT OPERATIONS
T a b l e 7 . - A l l o t m e n t s b y I n v e s t o r C l a s s e s o n S u b s c r i p t i o n s fo r P u b li c M a r k e t a b l e S e c u r it ie s
P a r t B . - T r e a s u r y B i l l s O th e r t h a n R e g u l a r W e e k l y S e r ie s - ( C o n t i n u e d )
(in millions of dollars)
Total amount issued
Date of
financing
Date of
maturity
Average
rate
One-year
series
9-month
series
1/
Allotments by investor classes
Tax antici
pation
series
Other
series
(percent)
na /onl/o
// n
10/3
/
f 7/31/68
1^10/31/68
5.313
5.301
1,002
11/30/67
f 8/31/68
<11/30/68
5.422
5.431
1,000
i1o/ 31/0
ot / C
-.n
/
f 9/30/68
{ 12/31/68
5.555
5.544
5.058
U. S. Gov
ernment
investment
accounts
and
Federal
Reserve
Banks
Commer
cial
banks
Corpo
rations
2/
Dealers
and
brokers
All
other
501
133
234
156
287
3
2
203
374
6
105
500
96
256
195
296
175
305
185
320
15
12
47
209
324
89
230
20
100
19
107
500
1,000
-
2,521
1
-
6
108
284
5
221
340
5
79
500
156
258
205
338
16
11
117
317
6
78
500
1,000
171
285
161
288
12
13
128
259
28
155
o
o
2/
166
292
1,001
162
297
94
319
4
234
199
10
182
1/15/68
6/24/68
1/31/68
f 10/31/68
^ 1/31/69
5.254
5.267
1,000
o /on /£
.&
2/2y/oo
f 11/30/68
< 2/28/69
5.240
5.281
1,002
■a/ -5
q--L
i /A
ft
-5/
/D
O
/12/31/63
^ 3/31/69
5.423
5.475
/ /J
”20/A
4/
5U/ Oft
O
f 1/31/69
^ 4/30/69
5.665
5.663
2,528
500
Source:
Based on subscription and allotment reports.
offerings see Table 4*
1/ Reopening of one-year series.
2/ Exclusive of banks and insurance companies.
For detail of
2/
U
*
Reopening of earlier issue.
Offering consists of a "strip" of additional $400 million each of
bills maturing March 31, April 30, and May 31, 1967.
Less than $$00,000.
48
T reasury B u lle tin
PUBLIC DEBT OPERATIONS,
Table 8. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills
Disposition offers
by Treasury
Called or maturing securities 1/
Date of
refunding
or retire
ment
Issue
date
Description
Amount
out
standing
7/31/65
3.644* Bill
7/31/65
8/4/64
1,000
8/13/65
3-7/8* Note
8/13/65-D
2/15/64
7,268
Cash
retire
ment
1,000
y
8/31/65
3.688* Bill
8/31/65
8/31/64
1,000
1,000 2 /
9/30/65
10/1/65-E0
9/30/64
10/1/60
1,001
1,001 ^ /
10/1/65
3.773* Bill
1-1/2* Note
10/31/65
3.790* Bill
10/31/65
315
1,000
11/15/65
3-1/2* Note
4*
Note
11/15/65-B
11/15/65-E
10/31/64
11/15/62
5/15/64
315
1,000
1,617
8,099
9,716
Ex
changed
5,151
1,884
233
200
6,423
1,417
1,676
6,623
3,093 6/
1,617
8,099
9,716 ^ /
4.068* Bill
11/30/65
11/30/64
1,001
1,001 2/
12/31/65
1/31/66
3.972* Bill
12/31/64
3.945* Bill
12/31/65
1/31/66
1/31/65
1,003
1,000
1,003 J/
1,000 ^ /
3-5/8* Note
2/15/66-B
5/15/62
2,195
2,195
487
1,470
238
3-7/8* Note
2/15/66-C
8/15/64
2,597
2,597
1,456
1,019
121
1-1/2* Note
4/1/66-EA
4/1/61
675
675
174
350
151
5,467
5,467
4,957
510
9,519
1,688
11,060
9,519
1,688
11,060
1,230
2,625
Total............
1,024
23,291
1,024
23,291
324
4,836
Grand total.
28,758
28,758
9,793
510
8,289
1,028
7,485
650
803
380
9,316
8,135
1,181
Total.
Note
5/15/66-D
3-3/4* Bond
4*
Note
5/15/66
11/15/64
11/15/60
8/15/66-A
2/15/62
8/15/66
2/28/58
f 4*
3*
Bond
2/28/66
3/22/66
2/28/66
4.062* Bill
3/22/66
3.783* Bill
3/31/66
4/1/66
4/30/66
3.987* B ill
3/31/66
1-1/2* Note
4/1/66-EA
4/31/66
5/15/66-D
5/15/66
5/15/66
3.996* B ill
'4*
Note
3-3/4* Bond
.Total............
2/15/67-C
2/15/69 4 /
Note
Bond
1,001
1,001
3,009
1,000
3,009 7/
1,000 y
4/30/65
151
1,001
151
1,001
11/15/64
11/15/60
8,289
1,028
-
4-1/4* Note
5/15/67-D
4-7/8? Note
Note
5?
' 4-7/8? Note
Note
w
8/15/67-E
11/15/70-A
8/15/67-E
11/15/70-A
4-7/8? Note
8/15/67-E
Note
11/15/70-A
.5?
2,117 of 4-7/8* Note
12,840 of 5*
Note
657
5*
y
2/28/65
10/11/65
3/31/65
4/1/61
4*
4*
y
11/30/65
2/15/66 <
Description of new
securities offered
(See also Table 4)
Turned
in for
cash 2 /
(In millions of dollars)
7,268
9/30/65
Total............
Exchange
security
offered
Results of ex
change offers
1 2,117
1 7,675
Note
11/15/70-A
of 4-7
of 5*
Note
Note
y
-
4-7/8* Note
11/15/67-F
5/31/66
3.954* Bill
5/31/66
5/31/65
9,316
1,001
6/22/66
3.941* Bill
4.075* Bill
4.281* Bill
6/22/66
6/22/66
6/22/66
10/11/65
10/11/65
10/11/65
1,003
2,513
1,007
'3.807* Bill
6/ 30/66
6/30/65
1,001
l,003l
2,513)7/
1,007J
1,001 y
3.875* Bill
7/31/66
7/31/65
1,000
1,000
8/15/66-A
2/15/62
8,436
-
8,436
5,628
2,307
501
/ 5-1/4* Cert.
(5-1/4* Note
'-
8/15/67-A
5/15/71-A
8/15/66
2/28/58
700
_
700
291
271
138
f 5-1/4* Cert.
5-1/4* Note
-
8/15/67-A
5/15/71-A
9,136
8,497
639
[5,919
2,578
6/30/66
7/31/66
Bond
9,136
JTotal............
8/15/66 (
1,001
y
y
4-3/4* Cert.
ll/15/66-A
1/19/66
1,652
1,652
517
4*
Note
H /15/ 66-E
2,254
3-3/8* Bond
11/15/66
2/15/65
3/15/61
2,254
1,851
5,757
584
586
1,687
14,893
10,184
{
1,851
5,757~
Total............
14,893
Grand total.
(Continued on following page)
Footnotes at end of table.
of 5-1/4* Cert.
of 5-1/4* Note
5-1/4* Note
639
>5,919
[ 4*265
5/15/71-A
of 5-1/4* Cert.
of 5-1/4* Note
M ay 1 9 6 8
49
__________ PUBLIC DEBT OPERATIONS
Table 8. - Disposition of Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
Disposition offers
by Treasury
Called or maturing securities 1/
Date of
refunding
or retire
ment
Issue
date
Description
Amount
out
standing
Cash
retire
ment
y
Exchange
security
offered
4.006% Bill
8/31/66
8/31/65
1,000
1.000
9/30/66
4.236* Bill
9/30/66
9/30/65
1,000
1.000 8 /
10/1/66
1-1/2% Note
10/1/66-E0
10/1/61
357
10/31/66
4.192% Bill
10/31/66
10/31/65
1,000
3-3/8% Bond
11/15/66
3/15/61
1,264
1,264
11/15/66-E
2/15/65
1,672
1,672
11/15/66-A
1/19/66
1,135
1,135
4,071
4,071 2 /
Note
357
1,000 8 /
I
I
11/15/66
4-3/4% Cert.
Total
11/30/66
4.277% Bill
11/ 30/66
11/30/65
1,001
1,001 8/
12/31/66
4.731% Bill
12/ 31/66
12/31/65
1,001
1,001 8 /
1/31/67
4.699% Bill
1/31/67
1/31/66
1,001
1,001 8/
2/15/67-B
3/15/63
2,358
2,358
2/15/67-C
8/13/65
5,151
5,151
7,508
7,508 11/
279
19
5-5/8% Note
5-3/8% Note
609
28
5-5/8% Note
5-3/8% Note
44
19
5-5/8% Note
5-3/8% Note
999
3,864
2/28/67
Bill
2/28/67
2/28/66
1,000
1,000 8 /
3/22/67
Bill
3/22/67
8/26/66
2,006
2,006 7/
3/31/67
Bill
3/31/67
3/31/66
1,000
1,000 8/
4/1/67
Note
4/1/67-EA
4/1/62
270
4/21/67
Bill
Bill
4/21/67
4/21/67
8/26/66
8/26/66
1,003
1,507
4/30/67
Bill
4/30/67
4/30/66
1,001
Note
5/15/67-D
11/15/65
9,748
9,748
5,804
3,506
Bond
6/15/67
5/5/42
1,429
1,429
640
446
11,177
11,177
10,396
Total............
8/15/67-A
8/15/66
5,919
5,919
308
8/15/67-A
9/15/62
2,929
2,929
837
4-7/8% Note
8/15/67-E
2/15/66
2,117
2,117
213
Total............
10,966
10,966
1,358
Grand total.
22,143
22,143
11,753
5/31/67
5/31/66
1,001
6/15/67
2-1/2% Bond
6/15/67
5/5/42
344
5.586% Bill
6/22/67
10/18/66
2,007
5.245% Bill
6/22/67
10/18/66
801
4.295% Bill
6/22/67
10/18/66
2,707
6/22/67
Footnotes at end of table.
_
-
2/15/68-A
11/15/71-B
2/15/68-A
11/15/71-B
_
-
2/15/68-A
11/15/71-B
of 5-5/8% Note
of 5-3/8% Note
4-3/4% Note
4-3/4% Note
5/15/68-B
2/15/72-A
4-3/4% Note
4-3/4% Note
5/15/68-B
2/15/72-A
3,636
228
of 4-3/4% Note-B
of 4-3/4% Note-A
1,001 8 /
3-3/4% Bote
4.966% Bill
3,644 12/
932
66
_
270
"5-1/4% Cert.
5/31/67
3,072 10/
396
54
3,240
174
I
2/15/67
Ex
changed
Description of new
securities offered
(See also Table 4)
Turned
in for
cash 2/
(In millions of dollars)
8/31/66
4%
Results of ex
change offers
(Continued on following page)
438
438
14-1/4% Note
4-3/4% Note
14-1/4%
[4-3/4%
16,444
[3,952
8/15/68-C
5/15/72-B
8/15/68-C
Note
5/15/72-B
Note
of 4-1/4% Note
of 4-3/4% Note
5/15/72-B
438
16,444
15,310
of 4-1/4% Note
of 4-3/4% Note
50
T reasury B u lle tin
PUBLIC DEBT OPERATIONS.
Table 8. - Disposition of Public Marketable Securities
Other than Regular Weekly Bills - (Continued)
Disposition offers
by Treasury
Called or maturing securities 1/
Date of
refunding
or retire
ment
Issue
date
Description
Amount
out
standing
Cash
retire
ment
Exchange
security
offered
Results of ex
change offers
Ex
changed
Description of new
securities offered
(See also Table 4)
Turned
in for
cash 2 /
(in millions of dollars)
6/30/67
( 4 .697* B ill
i 5.808* B ill
6/30/67
6/30/67
6/30/66
6/30/66
1,001
500
1,00A 8/
7/31/67
(4 .964* Bill
^5.567* B ill
7/31/67
7/31/67
7/31/66
7/31/66
995
500
9951 ft/
500JS'
5-1/4* Cert.
8/15/67-A
8/15/66
5;,610
5,610
4,621
989
3-3/4* Note
8/15/67-A
9/15/62
2;,094
420
1,674
4-7/8* Note
8/15/67-E
2/15/66
1;,904
2,094
I
1,904
1,322
9:,608
9,608 12/
6,363
8/15/67
Total
(f5
500j ^
5.844* Bill
5.552* Bill
8/31/67
8/31/67
8/31/66
8/31/66
1,000
501
.806* Bill
U.920* Bill
9/30/67
9/30/67
9/30/66
9/30/66
900
500
900
500 ,
10/1/67
1-1/2* Note
10/1/67-E0
10/1/62
457
457
10/31/67
A . 544* Bill
U.656* Bill
10/31/67
10/31/67
10/31/66
10/31/66
905
501
90A ft/i
s o ij-^
r4-7/8* Note
11/15/67-F
5/15/66
8 ,135
8,135
3-5/8* Bond
11/15/67
3/15/61
2,019
2,019
I
8/31/67
9/30/67
10.,154
10,154 15/
7,726
Bill
\4.718* Bill
11/30/67
11/30/67
11/ 30/66
11/ 30/66
900
500
12/31/67
[ 4 . 820* Bill
\4.077* Bill
12/31/67
12/31/67
12/31/66
12/31/66
901
500
1/31/68
/4.577* Bill
1^3.843% Bill
1/31/68
1/31/68
1/31/67
1/31/67
901
500
5-5/8* Note
2/15/68-A
11/15/66
2 ,,635
2,635
2,17 lp
8/15/68-C
8/15/68
11/15/68-D
11/15/68
5/15/67
4/18/62
8/15/67
9/15/63
6,,444
3',747
9.,913
1,>591
6,444
3,747
9,913
1,591
507p
1 ,lC7p
930p
433p
f 4-1/4*
2/15/68
)
Note
I 3-3/4* Bond
/ 5-1/4* Note
|3-7/8* Bond
(Total............
21,,695
21,695
2,978p
Grand total.
24;,331
24,331
5,149p
5,587
2,460
5,048p
1 ,701p
8,047
6 ,749p
4.696* Bill
3.945* Bill
4.861* Bill
{
2/29/68
2/29/68
3/22/68
2/28/67
2/28/67
7/11/67
/4.074* Bill
^4.723* Bill
3/31/68
3/31/68
3/31/67
3/31/67
4/1/68
1-1/2* Note
4/ 1 / 68-EA
4/30/68
3.833* Bill
5.164* B ill
4/30/68
4/ 30/68
5/.15/68
4-3/4* Note
3-7/8* Bond
5/15/68-B
5/15/68
4/1/63
4/30/67
4/30/67
2/15/67
6/23/60
2/29/68
3/22/68
3/ 31/68
Total............
Footnotes on following page.
901
500
2 j,003
900
500
■5/8*
1 5-:■3/4*
5-5/8*
1,326
5-3/4*
7,581
2,427 l£/<
145
f 5_
Note
2/15/69-A
11/15/74-A
Note
Note
2/15/69-A
Note
11/15/74-A
of 5-5/8* Note
of 5-3/4* Note
464p
\ 5-3/4* Note
2/15/75-A
464p
9011
50CJ►8/
2 , 003T 7/
212
9odl
500J‘8 /
212
900
500
900l
8/
500j►
5,587
2,460
8,047
582
3,245 M /
1,101
f 5.519*
11/30/67
11/15/68-D
1’ 000U/I
501/2/
11/15/67
Total............
5-1/4*'- Note
539p
759p
l,298p 17/
5/15/75-B
M ay 1 9 6 8
51
PUBLIC DEBT OPERATIONS,
F o o tn o te s
Source: Daily Treasury statement; Bureau of the Public Debt.
1/ Original call and maturity dates are used.
2 / All by investors other than Federal Reserve banks.
2 / Rolled over into a one-year b ill (see Table 4).
Jj Reopening of an earlier issue.
y Holders of the maturing notes were not offered preemptive rights to
exchange their holdings, but were permitted to present them in payment
or exchange, in whole or in part, for the $9,700 million offering of
4-1/4% notes. For detail of offering see Table 4.
6/ Excess of maturing 3-1/2% notes and 4% notes over allotments of new
securities paid for with those notes (see Table 4, footnotes 10 and 11).
7/ Tax anticipation issue; for detail of offerings beginning 1966, see
Table 4; for amounts redeemed for taxes and for cash see "Note" below.
8/ Rolled over into 9-month and one-year bills under new program
beginning September 30, 1966 (see Table 4).
9 / Holders of maturing bonds, notes and certificates were not offered
preemptive rights to exchange their holdings, but were permitted to
present them in payment or exchange, in whole or in part, for the
5-5/8% notes offered in the amount of about $2,500 million or the
5-3/8% notes offered in the. amount of about $1,600 million. For detail
of offering see Table 410/ Excess of maturing 3-3/8% bonds, 4% notes and 4-3/4% certificates over
allotments of new securities paid for with those bonds, notes, and
certificates (see Table 4, footnotes 16 and 17).
11/ Holders of the maturing notes were not offered preemptive rights to
exchange their holdings, but were permitted to present them in pay
ment or exchange, in whole or in part, for the 4-3/4% notes of Series
B-1968 offered in the amount of about $5,500 million or the 4-3/4%
notes of Series A-1972 offered in the amount of about $2,000 million.
For detail of offering see Table 412/ Excess of maturing 3-5/8% notes and 4% notes over allotments of new
securities paid for with those notes (see Table 4, footnotes 20 and 21).
13/ Holders of the maturing certificates and notes were not offered preemp
tive rights to exchange their holdings, but were permitted to present
them in payment or exchange, in whole or in part, for the 5-1/4% notes
offered in the amount of $9.6 billion. For detail of offering see
Table 4.
14/ Excess of maturing securities aver allotments of new notes paid for
with the maturing securities (see Table 4, footnotes 23 and 24).
to T a b le 8
'
Holders of the maturing notes and bonds were not offered pre
emptive rights to exchange their holdings, but were permitted
to present them in payment or exchange, in whole or in part,
for the 5-5/8% notes offered in the amount of $10,700 million
or the 5-3/4% notes offered in the amount of $1,500 million. For
detail of offering see Table 4*
16/ Excess of maturing securities over allotments of new notes paid
for with the maturing securities (see Table 4, footnotes 26 and 27).
17/ Of this amount, $8 million of the 4-3/4% notes and $7 million of
the 3-7/8% bonds were submitted in payment for subscriptions
allotted for 6% Treasury Notes of Series 0-1969 which were offered
on a cash basis. Holders of the maturing securities were not
offered preemptive rights to exchange their holdings for the
notes of Series C-1969. For detail of offering see Table 4.
p Preliminary.
Note: Information on retirement of tax anticipation issues referred to
in footnot. c 7, in millions of dollars:
Date of
retirement
Securities
Total
amount
retired
Redeemed
for
taxes
3/22/66
B ill
3,009
2,157
852
6/22/66
6/22/66
6/22/66
Bill
B ill
Bill
1,003
2,513
1,007
> 2,525
1,997
3/22/67
Bill
2,006
4/21/67
4/21/67
6/22/67
6/22/67
6/22/67
Bill
Bill
1,003
1,507
Bill
Bill
Bill
2,007
801
2,707
3/22/68
Bill
2,003
4/22/68
4/22/68
Bill
Bill
2,001
1,506
J
Redeemed
for
cash
1,124
882
790
1,720
) 2,061
3,453
)
J
884-
1,119
J 1,288
2,219
\
52
T reasury B u lle tin
PUBLIC DEBT OPERATIONS,
T a b le 9 . - F o r e ig n
Issu e d
S e r i e s S e c u r it ie s (N o n m a r k e t a b le )
to O f f i c i a l I n s t i t u t i o n s
o f F o r e ig n
C o u n tr ie s
(Payable in U. S. Dollars)
Month of
activity
Issue
date
Securities
7/1/65
9/8/65
( Percent)
3.95
3.80
Notes
\
f
4/6/64
7/6/65
7/6/65
10/6/66
4.03
3.97
5/25/65
4/12/65
6/22/65
6/30/65
7/22/65
7/30/65
6/30/65
5/18/65
8/25/65
7/12/65
9/22/65
9/30/65
9/30/65
11/1/65
10/29/65
8/18/65
3.90
3.75
3.75
2.00
2.00
2.00
3.75
3.90
Certificates of indebtedness
6/30/65
7/22/65
7/30/65
8/10/65
8/11/65
8/24/65
8/25/65
8/27/65
8/27/65
^ 8/30/65
9/30/65
9/30/65
10/29/65
11/10/65
11/12/65
11/24/65
11/26/65
11/26/65
11/26/65
11/26/65
2.00
2.00
2.00
3.75
3.85
3.75
3.85
3.85
3.85
3.85
Certificates of indebtedness
8/27/65
6/30/65
9/30/65
11/26/65
9/30/65
12/30/65
3.85
3.784
3.983
7/12/63
10/12/65
10/12/65
1/12/68
3.63
4.26
8/24/65
11/24/65
3.75
25
-
9/16/64
11/1/65
4.00
-
8/10/65
11/10/65
11/10/65
2/10/66
3.75
3.75
40
11/12/65
5/13/68
4.30
75
f 11/12/65
8/11/65
11/12/65
8/25/65
8/27/65
8/30/65
'11/26/65
8/27/65
11/26/65
11/30/65
2/14/66
11/12/65
2/14/66
11/26/65
11/26/65
11/26/65
2/28/66
11/26/65
1/28/66
2/28/66
3.75
3.85
4.05
3.85
3.85
3.85
4.10
3.85
4.05
4.15
10
f
11/30/65
12/10/65
{ 11/10/65
] 6/22/65
I 12/22/65
2/20/66
1 /4/66
2/10/66
12/22/65
6/22/66
12/23/65
( 11/12/65
{ 9/30/65
L 12/30/65
6/23/70
4.15
4.35
3.75
3.875
4.375
4.66
2/ 14/66
12/30/65
3/30/66
4.05
3.983
4-457
r
Notes
O ct,.. .
-
(
\
Certificates of indebtedness
^ Bonds
Certificates of indebtedness
f
\
Notes
4
Certificates of indebtedness
Certificates of indebtedness
<
Notes
s. Certificates of indebtedness
1966-Jan........
Certificates of indebtedness
Feb, .
(
(
12/10/65
11/10/65
11/12/65
I 11/26/65
I 1/28/66
1/4/66
2/10/66
2/ 14/66
1/28/66
4/28/66
Certificates of indebtedness
' Notes
1
Mar........
Certificates of indebtedness
1
Issued
4/1/65
6/8/65
'
Dec........
Amount
f
Certificates of indebtedness
Nov........
Interest
rate
Certificates of indebtedness
1965-July.. . .
August..
Maturity
date
Notes
4.35
3.75
3.75
4.05
4.60
125
125
100
5
25
180
919
35
250
20
50
95
35
250
40
25
10
40
150
2
58
864
10
135
325
25
10
30
.
1,044
>
|
1,034
>
40
-
25
25
► 1,164
40
2
58
100
140
75
10
140
>
75
15
50
50
85
> 1,144
-
25
325
325
10
25
10
140
l
^ 1,099
140
11/26/65
2/28/66
4.10
-
5/13/68
4.30
-
12/30/65
^ 3/30/65
3/30/66
6/3 0/66
3/31/66
12/31/68
4.457
4.555
4.86
(Continued on following page)
Total outstanding
end of month
(In1 millions of doll ar s)
100
18
11/12/65
f
Retired
325
40
100
999
325
11
1
? 1,039
J
53
M ay 1 9 6 8
PUBLIC DEBT OPERATIONS
Table 9. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U. S. Dollars)
Month of
activity
Securities
Issue
date
Maturity
date
1/28/66
4/29/66
11/12/65
4/ 28/ 66
7/29/66
5/13/68
4.60
4.65
5/31/66
8/31/66
50
40
65
Interest
rate
Issued
(In millions of dollars)
(Percent)
1966-A p r .
May.
Certificates of indebtedness
f
J Notes
I Certificates of indebtedness
rCertificates of indebtedness
Notes
June.. . .
Certificates of indebtedness
July-----
Aug.
Sept.
Certificates of indebtedness
Certificates of indebtedness
Certificates of indebtedness
Notes
Oct.
Certificates of indebtedness
Certificates of indebtedness
Certificates of indebtedness
Notes
Certificates of indebtedness
1967-Jan.
< Certificates of indebtedness
140
4.3 0
992
3/30/66
6/30/66
11/12/65
f 6/17/66
6/20/66
. 12/22/65
6/22/66
6/30/66
> 6/17/66
6/20/66
4/29/66
5/31/66
6 / 30/ 66
7/20/66
7/21/66
7/22/66
7/22/66
5/13/68
9/16/66
9 /l 6 /66
6/ 22/ 66
12/22/66
9/30/66
9/16/66
9/16/66
7/29/66
8/31/66
9/30/66
10/20/66
10/21/66
10/21/66
10/21/66
4.575
4.575
4-. 375
4.50
4.45
4.575
4.575
4.65
4.65
4.45
5.00
5.00
5.00
5.00
8/ 1/66
8/ 1/66
8/2 / 66
7/22/66
8/8/66
8/ 16/66
7/20/66
^ 8/31/66
11/2/66
11/1/66
11/2/66
10/21/66
11/7/66
11/16/66
10/20/66
11/30/66
r
9/2/66
8/1/66
8/16/66
7/21/66
* 8/31/66
9/28/66
9/29/66
9/30/66
^ 7/6/65
■^11/12/65
12/2/66
11/2/66
11/16/66
10/21/66
11/ 30/66
12/28/66
12/29/66
12/ 30/66
10/6/66
5/13/68
4.. 75
4.82
4.85
5.00
4.85
4.75
5.00
5.10
5.10
4.75
4.75
5.00
5.10
5.50
5.50
5.47
3.97
4.3 0
r 7/ 22/66
1^10/21/66
10/21/66
1/23/67
5.00
5.45
9/16/64
f 9/28/66
/
9/2/66
\ 8/8/66
L 11/7/66
11/1/66
12/28/66
12/2/66
11/7/66
2/7/67
4.125
5.50
5.10
4-85
5.25
25
9/ 2/66
12/ 2/66
12/2/66
3/2/67
5.10
5.20
45
5/13/68
4.30
3/20/67
3/21/67
12/22/66
6/22/67
3/23/67
3/28/67
12/29/66
3/29/67
1/23/67
12/ 30/66
3/2/67
3/20/67
3/21/67
3/23/67
1/23/67
3/28/67
2/7/67
5.05
4.85
4.50
4.95
4-85
4.75
5.50
4.75
5.45
5.47
5.20
5.05
4.85
4.85
5.45
4-75
5.25
11/12/65
12/19/66
12/21/66
6/22/66
12/22/66
J 12/23/66
12/27/66
9/29/66
12/29/66
10/21/66
w 9/30/66
^ 12/2/66
12/19/66
12/21/66
< 12/23/66
10/21/66
12/27/66
11/7/66
949
50
4.65
4.555
4.30
r
Total outstanding
end of month
Retired
(Continued on following page)
325
5
50
50
817
50
40
65
50
50
50
747
10
95
100
20
697
125
10
20
30
22
95
100
25
125
50
100
10
50
875
18
100
40
125
2
30
747
30
30
18
645
55
25
45
30
40
15
593
50
50
15
70
100
100
100
20
AO
15
A0
15
15
10
45
25
]
428
54
T reasury B u lle tin
_______________ PUBLIC DEBT OPERATIONS_______________
T a b l e 9 . - F oreign S e r ie s S e c u r i t ie s
Issu ed
(N o n m a r k e ta b le )
to O f f ic i a l I n s t i t u t i o n s o f F o r e ig n
C o u n tr ie s - (C o n t in u e d )
(Payable in U. S. Dollars)
Month of
activity
Securities
1967- Feb...
Certificates of indebtedness
Issue
date
Maturity
date
12/27/66
3/28/67
Interest
rate
Amount
Issued
(Percent)
4-75
. (Inl millions of dollars)
25
403
Mar...
Notes
11/12/65
5/13/68
4.30
Apr. . .
Notes
11/12/65
5/13/68
4.30
May...
Notes
11/12/65
5/13/68
4.30
3
Notes
11/12/65
5/13/68
4.30
-*
(12/22/66
) 6/22/67
) 6/28/67
V.6/30/67
6/22/67
12/22/67
9/27/67
9/29/67
4.95
3.85
3.50
3.50
_
50
100
125
11/12/65
^6/28/67
7/25/67
7/26/67
7/26/67
7/26/67
< 7/27/67
7/28/67
7/31/67
7/31/67
7/31/67
5/13/68
4-30
9/27/67
10/25/67
9/27/67
10/26/67
10/26/67
10/27/67
9/27/67
10/30/67
9/27/67
10/31/67
3.50
4.45
3.50
4.45
4.45
4.45
3.50
4.45
3.50
4.45
_
150
13
5
10
20
60
75
17
10
11/12/65
5/13/68
4.30
-
f6/28/67
7/26/67
! 7/28/67
8/2/67
8/2/67
7/31/67
6/30/67
8/7/67
8/8/67
7/25/67
8/14/67
7/31/67
< 8/15/67
8/17/67
8/17/67
8/18/67
8/23/67
8/25/67
8/25/67
8/28/67
8/29/67
8/31/67
8/31/67
8/31/67
8/31/67
£ l/l2 /6 5
9/1/67
9/27/67
9/27/67
9/27/67
9/27/67
11/2/67
9/27/67
9/29/67
11/8/67
11/8/67
10/25/67
11/14/67
10/30/67
10/30/67
10/25/67
10/30/67
10/25/67
11/24/67
11/14/67
11/22/67
11/22/67
11/28/67
11/30/67
10/30/67
11/22/67
11/28/67
5/13/68
10/ 1/68
"8/14/67
8/25/67
8/25/67
8/28/67
8/29/67
8/31/67
8/31/67
8/31/67
< 8/31/67
9/1/67
9/5/67
9/6/67
9/14/67
9/15/67
9/15/67
9/15 '67
,9/19/67
11/14/67
11/14/67
11/22/67
11/22/67
11/28/67
10/30/67
11/22/67
11/28/67
11/30/67
10/30/67
12/5/67
12/6/67
12/14/67
11/22/67
11/?8/67
11/30 ''67
12/19/67
June..
[Certificates of indebtedness
I
Notes
J 1y* •
<
Certificates of indebtedness
Notes
Aug...
<
Certificates of indebtedness
>
Notes
Sept...
<
Certificates of indebtedness
3.50
3.50
3-50
3.50
4.20
3-50
3.50
4.20
4.20
4.45
4.1875
4.45
4.45
4.45
4-45
4-45
4.35
4.1875
4.35
4.35
4.50
4.50
4.45
4-35
4.50
4.30
4.99
4.1875
4.1875
4-35
4-35
4.50
4*45
4-35
4 •50
4.50
4-45
4-35
4.35
4.40
4.35
4.50
4.50
4.50
(Continued on following page)
Total outstanding
end of month
Retired
1
402
402
_
_
10
14
_
12
10
_
50
_
42
4
22
6
10
3
5
28
60
50
13
17
40
200
_
59
10
5
10
38
100
S
100
50
-
399
1
>
f
624
J
*
90
_
_
_
L
/
_
_
_
-
894
J
2
10
13
60
10
_
17
125
_
_
150
11
75
42
4
22
6
_
_
_
_
_
_
_
_
_
1
39
3
5
28
60
13
17
43
s
59
38
38
-
>
>
742
>
923
M ay 1 9 6 8
55
PUBLIC DEBT OPERATIONS
Table 9. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U. S. Dollars)
Issue
date
Maturity
date
Interest
rate
Certificates of indebtedness
7/26/67
7/26/67
7/27/67
7/31/67
8/31/67
9/15/67
9/15/67
10/3/67
10/3/67
10/16/67
10/17/67
10/18/67
10/19/67
10/19/67
10/25/67
10/26/67
10/26/67
10/26/67
10/27/67
10/27/67
10/30/67
10/31/67
10/26/67
10/26/67
10/27/67
10/31/67
11/30/67
11/28/67
11/30/67
11/28/67
1/3/68
1/16/68
1/17/68
1/18/68
11/28/67
11/30/67
1/25/68
1/26/68
1/26/68
1/26/68
1/16/68
1/26/68
1/ 30/68
1/31/68
(Percent)
4.45
4.45
4.45
4.45
4.50
4.50
4.50
4.50
4.55
4.60
4.70
4.70
4.50
4.50
4-60
4.60
4.60
4.60
4.70
4.60
4* 60
4-55
Bonds
Notes
9/16/64
11/12/65
11/1/67
5/13/68
8/2/67
8/7/67
8/8/67
8/23/67
9/15/67
10/19/67
10/19/67
10/26/67
10/27/67
11/2/67
11/2/67
11/8/67
11/9/67
11/13/67
11/13/67
11/13/67
11/14/67
11/14/67
11/14/67
11/17/67
11/17/67
11/17/67
11/21/67
11/22/67
11/22/67
11/22/67
11/24/67
11/27/67
11/27/67
11/27/67
11/27/67
11/28/67
11/28/67
11/28/67
11/29/67
11/29/67
11/29/67
11/29/67
11/29/67
11/29/67
11/29/67
11/30/67
11/30/67
11/30/67
11/2/67
11/8/67
11/8/67
11/24/67
11/30/67
11/28/67
11/30/67
1/26/68
1/16/68
2/2/68
2/2/68
2/8/68
2/9/68
2/ 13/68
2/13/68
1/26/68
1/16/68
1/26/68
2/7/68
1/16/68
1/ 15/68
11/30/67
1/22/68
1/22/68
2/21/68
2/20/68
2/20/68
2/20/68
2/7/68
1/16/68
1/15/68
1/15/68
11/30/67
2/28/68
11/30/67
12/29/67
1/24/68
1/29/68
1/29/68
2/21/68
2/29/68
12/29/67
2/29/68
2/2.9/68
Month of
activity
1967-Oct...
Securities
r
Certificates of indebtedness
4.25
4.30
4.20
4.20
4.20
4.35
4.50
4.50
4-50
4.60
4.70
4-55
4-55
4.70
4.70
4-70
4.70
4.60
4.70
4-60
4.70
4.70
4.60
4.50
4-60
4.58
4-85
5.00
5.00
5.00
4.70
4.70
4.60
4-60
4-50
4.95
4-50
4-65
4.60
4.60
* 4-45
5.00
4-95
4-65
4-95
4.95
(Continued on following page)
Amount
Retired
15
5
12
100
10
100
43
25
5
10
97
14
20
40
10
Total outstanding
end of month
(in millions of dollars)
5
10
20
10
42
62
1
15
1,225
30
1
100
14
22.
10
25
8
32
53
15
50
56
50
3
6
57
63
32
9
459
50
100
19
31
6
10
44
21
150
75
40
50
50
4
50
200
14
12
10
10
7
61
43
97
14
2
53
50
56
50
3
6
34
> 2,587
6
44
V
56
T reasury B u lle tin
.PUBLIC DEBT OPERATIONS.
Table 9. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U. S. Dollars)
Amount
Month of
activity
Maturity
date
Interest
rate
6/22/67
9/5/67
9/6/67
9/14/67
9/19/67
10/26/67
11/13/67
11/14/67
11/22/67
11/24/67
11/27/67
11/27/67
11/27/67
11/27/67
11/28/67
11/29/67
11/29/67
11/29/67
11/29/67
11/30/67
11/30/67
12/1/67
12/4/67
12/5/67
12/6/67
12/14/67
12/14/67
12/15/67
12/15/67
12/18/67
12/18/67
12/18/67
12/19/67
12/19/67
12/20/67
12/21/67
12/21/67
12/22/67
12/22/67
12/26/67
12/26/67
\12/27/67
12/22/67
12/5/67
12/6/67
12/14/67
12/19/67
1/ 26/68
1/ 26/68
1/ 26/68
2/ 20/68
2/ 20/68
1/15/68
1/ 16/68
2/7/68
2/ 20/68
1/15/68
12/29/67
1/ 24/68
1/29/68
2/ 21/68
12/29/67
2/29/68
3/ 1/68
3/4/68
3/5/68
3/ 6/68
2/ 20/68
3/14/68
2/ 20/68
2/29/68
1/ 16/68
2/7/68
2/ 29/68
1/ 16/68
3/ 20/68
1/ 16/68
1/ 15/68
1/ 16/68
1/ 15/68
6/ 24/68
1/ 15/68
3/ 26/68
3/27/68
(Percent)
3.85
4.35
4-35
4.40
4.50
4.60
4.60
4.60
5.00
5.00
4.60
4.70
4.70
5.00
4.60
4.65
4.60
4.60
5.00
4.65
4.95
4-95
4.95
5.00
5.00
5.00
4.95
5.00
4.95
4.7 0
4-70
4-95
4-7 0
5-15
4.70
4.60
4-7 0
4.60
5.65
4.60
5.00
5.00
[ 10/ 12/65
J11/12/65
} 9/1/67
1 1/12/68
1/12/68
5/13/68
10/1/68
4/13/70
4-26
4.30
4.99
5.42
r 10/3/67
10/16/67
10/17/67
10/18/67
10/25/67
10/26/67
10/26/67
10/27/67
10/30/67
10/31/67
11/22/67
11/22/67
11/27/67
11/29/67
11/29/67
12/14/67
A 1/2/68
1/3/68
1/3/68
1/3/68
1/4/68
1/5/68
1/10/68
1/11/68
1/12/68
1/16/68
1/16/68
1/17/68
1/17/68
1/18/68
1/19/68
1/22/68
1/25/68
1/3/68
1/16/68
1/17/68
1/18/68
1/25/68
1/26/68
1/26/68
1/26/68
1/ 30/68
1/31/68
2/21/68
1/22/68
2/20/68
2/29/68
1/29/68
2/20/68
2/20/68
4/3/68
2/20/68
3/29/68
4/4/68
3/29/68
2/20/68
2/20/68
2/20/68
4/16/68
4/16/68
4/17/68
4/16/68
4/18/68
4/16/68
4/16/68
4/25/68
4.55
4.60
4.70
4.70
4-60
4. 60
4.60
4.60
4.60
4.55
4.85
4.58
5.00
4.95
4.45
5.00
5.00
5.10
5.00
5.00
5.10
5.00
5.00
5.00
5.00
5.10
5.10
5.10
5.10
5.10
5.10
5.10
5.10
Issue
date
Securities
f
1967-Dec...
Certificates of indebtedness
Notes
1968-Jan...
Certificates of indebtedness
(Continued on following page)
Issued
_
_
_
_
_
_
63
186
10
5
60
10
54
33
33
50
17
44
100
16
6
7
40
50
4
54
20
_
_
_
25
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
61
5
7
72
15
16
42
26
9
12
31
100
27
10
5
23
25
Retired
Total outstanding
end of month
(I 1 millions of dol! .ars)
50
>
10
5
10
100
#
30
15
32
9
19
100
50
141
31
21
150
75
50
4
>
50
> 1,944
63
186
_
_
_
33
33
50
17
44
16
6
7
40
_
4
54
-
J
25
4
200
-
5
12
100
10
25
10
5
20
40
10
16
23
318
50
40
12
_
_
_
72
16
_
_
_
_
_
_
_
_
_
^1,852
M ay 1 9 6 8
57
—PUBLIC DEBT OPERATIONS,
Table 9. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)
Month of
activity
1968-Jan.
Securities
Certificates of indebtedness
Notes
Feb.
^ Certificates of indebtedness
V
/Notes
Mar.
/ Certificates of indebtedness
Amount
Issue
date
Maturity
date
1/29/68
1/30/68
1/30/68
1/31/68
1/31/68
1/31/68
4/16/68
4/29/68
4/16/68
4/16/68
2/20/68
4/ 30/68
11/12/65
5/13/68
4.30
-
' 11/2/67
11/2/67
11/8/67
11/9/67
11/13/67
11/13/67
11/22/67
11/28/67
11/30/67
12/14/67
12/15/67
12/19/67
1/2/68
1/3/68
1/10/68
1/11/68
1/12/68
1/31/68
2/ 1/68
2/2/68
2/2/68
2/2/68
2/5/68
2/7/68
2/8/68
2/8/68
2/9/68
2/13/68
2/13/68
2/14/68
2/19/68
2/20/68
2/23/68
2/26/68
2/27/68
2/28/68
2/28/68
2/29/68
2/29/68
2/29/68
2/2/68
2/2/68
2/8/68
2/9/68
2/13/68
2/13/68
2/21/68
2/28/68
2/29/68
2/20/68
2/20/68
3/20/68
2/20/68
2/20/68
2/20/68
2/20/68
2/20/68
2/20/68
2/20/68
2/20/68
5/2/68
5/2/68
2/20/68
2/20/68
5/8/68
5/8/68
5/9/68
5/13/68
5/13/68
5/14/68
2/20/68
3/29/68
3/29/68
3/29/68
3/29/68
5/28/68
5/31/68
3/29/68
5/29/68
5/29/68
5/13/68
5/1/69
3/5/68
3/6/68
3/14/68
3/20/68
3/27/68
4/3/68
4/16/68
4/16/68
4/16/68
4/18/68
4/16/68
4/16/68
4/25/68
4/ 16/ 68
4/16/68
4/29/68
4/16/68
5/9/68
3/29/68
3/29/68
3/29/68
3/29/68
5/31/68
3/29/68
5/29/68
3/29/68
6/6/68
3/29/68
4.55
4-55
4.70
4.70
4.70
4.70
4-85
4.95
4.95
5.00
5.00
5.15
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
4.85
4.85
5.00
5.00
4.95
4-95
4.95
5.05
5.05
5.05
5.00
5.00
5.00
5.00
5.00
5.10
5.10
5.00
5.10
5.10
4.30
5.80
_
_
11/12/65
3/29/68
' 12/5/67
12/6/67
12/14/67
12/19/67
12/27/67
1/3/68
1/16/68
1/16/68
1/17/68
1/18/68
1/19/68
1/22/68
1/25/68
1/29/68
1/ 30/68
1/ 30/68
1/31/68
2/9/68
2/20/68
2/23/68
2/26/68
2/27/68
2/28/68
2/29/68
2/29/68
3/6/68
3/6/68
3/8/68
Interest
rate
(Percent)
5.10
4-85
5.10
5.10
5.00
4-85
5.00
5.00
4.95
5.15
5.00
5.10
5.10
5.10
5.10
5.10
5.10
5.10
5.10
5.10
5.10
4-85
5.10
4.95
5.00
5.00
5.00
5.00
5.10
5.00
5.10
5.00
5.00
5.00
(Continued on following page)
Issued
Retired
Total outstanding
end of month______
(In millions of dollars)
38
40
16
10
56
250
_
_
_
_
_
_
_
_
_
_
_
_
63
40
100
14
44
27
12
10
10
25
8
8
14
69
53
56
15
10
300
82
50
200
J
5
100
14
22
10
25
8
47
10
200
48
54
90
61
7
42
26
9
56
63
40
1,995
14
44
27
12
10
3
14
6
-
300
_
_
-
69
5
17
10
5
10
10
20
5
31
10
27
10
5
23
25
38
16
40
10
5
63
53
56
15
300
82
50
69
5
17
>
1,844
T reasury B u lle tin
__________________ PUBLIC DEBT OPERATIONS______________________________________
T a b le
Issu ed
to
9 . - F o r e ig n
O ffic ia l
S e r ie s
In s titu tio n s
S e c u r itie s
of
F o r e ig n
(N o n m a r k e ta b le )
C o u n tr ie s - (C o n tin u e d )
(Payable in U.S. Dollars)
Amount
Month of
activity
Issue
date
Maturity
date
Interest
rate
Issued
3/12/68
3/13/68
3/13/68
3/15/68
3/18/68
3/19/68
3/19/68
3/19/68
3/27/68
3/27/68
3/28/68
3/29/68
3/29/68
3/29/68
3/29/68
3/29/68
6/12/68
4/29/68
5/29/68
6/13/68
6/18/68
6/13/68
6/17/68
6/19/68
6/17/68
6/27/68
6/17/68
5/29/68
6/11/68
6/12/68
6/13/68
6/17/68
(Percent)
5.10
4.95
5.10
5.10
5.23
5.10
5.10
5.30
5.10
5.20
5.10
5.10
5.10
5.10
5.10
5.10
35
65
23
65
150
10
200
11
31
20
40
3
50
50
1.00
12
11/12/65
5/13/68
4.30
-
2
i a /6 8
1/16/68
1/17/68
1/31/68
2/9/68
2/13/68
2/13/68
2/28/68
3/19/68
3/27/68
3/27/68
3/28/68
3/29/68
3/29/68
3/29/68
3/29/68
< 3/29/68
4/2/68
4/3/68
4/4/68
4/4/68
4/5/68
4/8/68
4/11/68
4/11/68
4/12/68
4/17/68
4/18/68
4/19/68
4/19/68
4/22/68
4/25/68
4/26/68
4/30/68
: 4/30/68
V 4/ 30/68
4/4/68
4/16/68
4/17/68
4/30/68
5/9/68
5/13/68
5/13/68
5/28/68
6/17/68
6/17/68
6/27/68
6/17/68
5/29/68
6/11/68
6/12/68
6/13/68
6/17/68
7/2/68
6/28/68
6/28/68
7/3/68
6/28/68
6/28/68
6/17/68
6/28/68
6/17/68
7/17/68
7/16/68
6/28/68
7/16/68
6/28/68
6/28/68
7/26/68
6/28/68
7/30/68
7/30/68
5.10
5.10
5.10
4-85
4.95
5.05
5.05
5.10
5.10
5.10
5.20
5.10
5.10
5.10
5.10
5.10
5.10
5.15
5.20
5.20
5.15
5.20
5.20
5.10
5.20
5.10
5.50
5.50
5.20
5.50
5.20
5.20
5.55
5.20
5.50
5.50
_
15
2
100
250
5
25
8
Securities
Certificates of indebtedness
<
Notes
r
Apr.......... < Certificates of indebtedness
V
Source: Daily Treasury statement.
*
Less than $500,000.
Retired
Total outstanding
end of month
(In millions of do!lars)
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
33
227
12
15
16
28
33
17
13
25
37
11
13
24
31
175
153
250
150
Information in this table covers transactions from July 1, 1965 through April 30, 1968.
-
65
23
65
150
10
83
_
y
A
C
117
31
20
40
3
50
50
100
12
33
227
12
15
16
28
33
17
13
>
_
2
_
_
_
_
y
1,87b
M ay 1 9 6 8
59
PUBLIC DEBT OPERATIONS,
Table 10. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
Month of
activity
Amount
(Dollar equivalent)
Interest
rate
Issue
date
Maturity
date
3/9/65
7/9/65
7/30/65
7/11/63
4 M /6 4
7/26/65
7/9/65
11/9/66
10/31/66
7/11/65
7/26/65
9/1/66
3.71
3.98
3.95
3.55
3.93
3.97
Italian lire
7/30/65
1/30/67
4.03
125
ISwiss francs
5/25/64
8/25/65
8/25/65
69
German marks
8/23/63
8/28/65
8/28/65
3.37
3.95
3.66
10/3/66
4 .0 7
50
Swiss francs
• 8/4 /6 4
9 /7 /6 5
5/2-5/64
9/2 7/65
Payable
in —
Securities
Issued
1965-July...
Bonds
German marks
Aug-----
Sept...
Bonds
Bonds
11/25/66
28
28
23
25
50
70
52
9/7/65
3 .6 7
10/7/66
9 /2 7/65
1/27/67
4.10
52
3 .8 4
4 .2 3
30
30
7/1/64
1/14/66 1 /
4/ ] / 64
10/1/65
1/3/67
10/1/65
3.81
4.30
4.04
22
Ncv. . . .
J Bonds
1 Certificates of indebtedness
German marks
German marks
4/1/64
1/14/66 l /
11/1/65
11/1/66
4.05
4.33
50
Dec.. . .
j Bonds
J Certificates of indebtedness
|Bonds
I Certificates of indebtedness
German marks
German marks
Swiss francs
Swiss francs
4/1/64 !
1/14/66 1/
10/30/64 I
1/14/66 1/
12/1/65
12/1/66
12/31/65
1/13/67
4.06
4.38
3.87
4.85
Bonds
Certificates of indebtedness
Bonds
Bonds
Certificates of indebtedness
German marks
German marks
Swiss francs
Swiss francs
Swiss francs
4/1/64
1/14/66
8/ 25/65
7/30/65
l / 26/66
1/1/66
1 0/31/66
4/2 6 /6 6
4.07
4.90
3.95
3.95
4.35
93
Bonds
Bonds
Certificates of indebtedness
German marks
Swiss francs
Swiss francs
7/1/64
9/4/64
2/4/66
2/1/66
2/4/66
2/3/67
3.83
3.87
4.84
23
Bonds
German marks
7/1/64
3/1/66
German marks
Austrian
schillings
7/1/64
10/26/64
Certificates of indebtedness
Swiss francs
Swiss francs
Bonds
Certificates of indebtedness
Bonds
Bonds
Feb___
Mar. . . .
A p r. . . .
May.. . .
June...
July...
Bonds
Certificates of indebtedness
Bonds
Bonds
Certificates of indebtedness
r
Aug........
Bonds
Certificates of indebtedness
Bonds
Certificates of indebtedness
Sept.. . .
Bonds
Certificates of indebtedness
Bonds
Footnote at end of table.
{
1/3 /6 7
11 / 25/66
1 .2 5 9
50
Swiss francs
Swiss francs
German marks
1966-Jan.. . .
1.259
50
j Bondd
"SCertificates of indebtedness
[Bonds
Oct___
Total outstanding
end of month
(In millions of dollars)
(Percent
Swiss francs
Retired
1 .2 5 9
22
50
50
1,208
1,208
50
50
30
1,208
30
50
50
69
23
1,207
50
23
1,157
3.84
50
1,107
4 /1 / 66
4/26/66
3.85
3.90
50
25
1/26/66
4/26/66
4/ 26/ 66
10/26/66
4.35
4.80
93
German marks
German marks
Swiss francs
7/24/64
5/2/66
11/16/64
5/2/66
5/2/67
5/16/66
3.77
4.87
3.92
German marks
Swiss francs
Swiss francs
German marks
Swiss francs
Swiss francs
Swiss francs
German marks
German marks
Austrian
schillings
Austrian
schillings
German marks
German marks
Austrian
schillings
10/30/64
1/1/65
7/1/66
11/16/64
4/20/65
4/ 26/6 6
7/26/66
6/1/66
7/1/66
3.90
3.99
6/30/67
7 / l / 66
7/20/66
10/26/66
1/26/67
4.99
3.93
4.02
4.80
5.00
8/1/66
8/1/67
50
1,031
93
50
50
50
957
25
25
50
23
93
884
93
2/15/65
8/1/66
2/23/65
8/23/66
4.04
5.20
4.09
8/23/66
8/23/67
^,60
25
7/26/6S
9/1/66
3/3/65
9/1/66
9/1/67
9/6 / 66
3.97
5.75
4.11
50
(Continued on following page)
1,007
23
50
25
884
50
25
859
T reasury B u lle tin
__________________ PUBLIC DEBT OPERATIONS___________ _ __________________________
T a b le
Issu ed
Month of
activity
10. - F o r e ig n
to
O ffic ia l
C u rren cy
In s titu tio n s
Payable
in —
Securities
S e r ie s
of
S e c u r itie s
F o r e ig n
Issue
date
(N o n m a r k e t a b le )
C o u n tr ie s
Maturity
date
- (C o n tin u e d )
Interest
rate
Amount
(Dollar equivalent)
Issued
(Percent)
1966-0ct........
JBonds
J Certificates of indebtedness
\ Bonds
Certificates of indebtedness
I Certificates of indebtedness
Nov........
/
/ Bonds
| Certificates of indebtedness
[Notes
< Certificates of indebtedness
Certificates of indebtedness
rCertificates
of indebtedness
Notes
J Certificates of indebtedness
Bonds
of indebtedness
l Notes
j Notes
-
50
50
J Swiss francs
j Swiss francs
1/ 14/66
2/ 4/66
1/13/67
2/3/67
4.85
4.84
30
23
j
12/ 9/66
12/ 9/66
12/11/67
1/ 9/68
2.3
30
-
Austrian
schillings
6/11/65
12/ 12/66
5.39
5.42
4.04
-
25
Austrian
schillings
12/ 12/66
6/ 12/68
5.47
25
German marks
German marks
Swiss francs
Swiss francs
1/ 14/66
1/3/67
1/ 14/66
1/3/67
1/3/67
11/ 1/68
1/3/67
4/3/68
Swiss francs
| Swiss francs
7/26/66
1/26/67
1/26/67
4/26/67
4.90
4.87
4-30
4.93
5.00
4-74
Swiss francs
Swiss francs
Italian lire
Italian lire
9/27/65
1/27/67
7/30/65
1/30/67
1/27/67
5/27/68
1/30/67
7/30/68
4-23
4.65
4.03
4.57
125
f Swiss francs
| Swiss francs
1/26/67
4/26/67
4/26/67
7/26/67
4.74
4.00
130
German marks
German marks
Swiss francs
5/ 2/66
5/2/67
5/10/67
5/2/67
1/2/69
7/26/67
( Belgian francs
\ Belgian francs
5/16/65
5/20/65
5/16/67
5/22/67
4.87
4.27
3.875
4.08
4-09
Swiss francs
Swiss francs
7/1/66
6/30/67
6/30/67
9/ 30/68
4.99
4.83
25
5.28
125
_
50
)
860
>
897
>
890
J
50
-
20
10
25
50
8/23/67
2/24/69
5.03
25
German marks
German marks
9/ 1/66
9/1/67
9/1/67
3/3/69
5.75
5.09
Certificates of indebtedness
[ German marks
J Swiss francs
\ Swiss francs
Swiss francs
10/ 3/66
10/7/66
7/26/67
10/26/67
10/3/67
10/6/67
10/26/67
1/ 26/68
Notes
j German marks
/ German marks
| Swiss francs
10/2/67
10/3/67
10/6/67
4/3/72
4/1/69
1/6/69
|Notes
92
50
23
5.20
4.94
5.60
j Certificates of indebtedness
860
125
8/1/67
2/3/69
8/23/67
<
^
30
8/ 1/66
8/1/67
8/23/66
i Notes
>|
30
German marks
German marks
Austrian
schillings
Austrian
schillings
of indebtedness
359
22
93
1/3/72
f Certificates
|
J
92
7/26/67
7/26/67
10/26/67
Notes
1
22
7/3/67
4.00
3.875
4.1875
859
50
4/26/67
5/10/67
7/26/67
[ Certificates of indebtedness
Notes
/ Certificates of indebtedness
28
28
5.44
German marks
| Certificates of indebtedness
Oct........
28
28
4-38
f
1^
50
50
r Swiss francs
( Swiss francs
V. Swiss francs
July-----
Sept___
4.33
5-48
3.98
5.56
5.58
12/ 2/68
V
Bonds
Notes
Bonds
^Notes
Aug........
11/ 1/66
11/1/67
11/ 9/66
11/9/67
11/17/67
52
52
12/ 1/66
rCertificates of indebtedness
Notes
Certificates of indebtedness
Notes
June. . . .
1/ 14/66
11/ 1/66
7/9/65
11/ 9/66
11/16/66
50
50
12/ 1/66
Notes
f Certificates
German marks
German marks
Swiss francs
Swiss francs
Swiss francs
(In millions of dollars)
1/ 14/66
V.
Bonds
May........
4.07
5.60
4.10
5.54
Swiss francs
j Swiss francs
Notes
Apr........
10/ 3/66
10/3/67
10/7/66
10/6/67
German marks
Notes
Dec........
8/28/65
10/ 3/66
9/7/65
10/7/66
German marks
Certificates of indebtedness
Certificates of indebtedness
German marks
German marks
Swiss francs
Swiss francs
Total outstanding
end of month
Retired
JI
|
890
1}>
1,016
-
130
23
153
50
25
-\
|
1,015
>
50
5.60
5.54
4.1875
4.60
152
5.39
5.14
5.25
125
50
52
-
German marks
11/ 1/66
11/1/67
5.48
Swiss francs
) German marks
\ Swiss francs
I Belgian francs
11/16/66
11/1/67
11/17/67
11/24/67
11/17/67
5/2/69
2/17/69
11/24/69
5.58
5.45
5.60
5.58
(Continued on following page)
50
50
28
60
50
52
153
|
>
1,015
1,139
:
50
|
28
)
1,200
M ay 1 9 6 8
61
PUBLIC DEBT OPERATIONS
T a b l e 1 0 . - F o r e ig n C u rre n cy S e r ie s S e c u r i t ie s (N o n m a r k e ta b le )
Is s u e d t o O f f i c i a l I n s titu tio n s o f F o re ig n C o u n t r ie s - (C o n tin u e d )
Amount
(Dollar equivalent)
Month of
activity
Securities
Payable
in —
Interest
rate
Issue
date
Maturity
date
ISwiss francs
\Swiss francs
12/9/66
12/11/67
12/11/b7
3/11/69
5.39
5.68
23
CSwiss francs
I Swiss francs
\Swiss francs
1Netherland
guilders
10/26/67
1/26/68
1/26/68
1/29/68
1/26/68
7/26/68
1/24/6°
1/2.9/69
4.60
4.75
5.00
2.50
_
101
51
66
152
_
j Swiss francs
( Swiss francs
1German marks
12/9/66
1/9/68
1/5/68
1/9/68
4/9/69
7/5/72
5.42
5.57
5.46
_
30
125
30
100
(Percent)
1967-Dec........
Notes
[Certificates of indebtedness
1968-Jan........
Mar........
Apr........
<
|
I Notes
Issued
_
Retired
Total outstanding
end of month
(In millions of dollars)
23
-
|
>
-
>
Notes
Swiss francs
3/7/68
6/9/69
5.57
Notes
[Swiss francs
/Swiss francs
|German marks
1/3/67
4/3/68
4/1/68
4/3/68
7/3/69
10/2/72
4.93
5 .'53
5.73
-
22
126
Source: Daily Treasury statement. Information in this table covers transactions from July 1, 196$ through April 30, 1968.
l / Issued in exchange for securities which carried maturities of more than one year at time of issue.
1,200
1,390
-
1,490
22
-
>1
J1
1,615
62
Treasury Bulletin
UNITED STA TE S SAVINGS BONDS
30, 1952.
Series E and H a re the onl y savings bonds currentlybeing sold.
Series J and K were sold from May 1, 1952, through
April 30, 1957.
Series E has been on sale since M a y 1, 1941,
Details of the principal changes in issues,
Series
interest yields, maturities, and other terms appear in the
A-D were sold from M a r c h 1, 1935, through April 30, 1941.
Treasury Bulletins of April 1951, May 1952, May 1957, October
Series F and G wer e sold fro m M a y 1, 1941, through April
and December 1959, and May and October 1961.
and Series H has been on sale since June 1, 1952.
Table 1. - Sales and Redemptions by S eries, Cum ulative through April 30, 1968
(in millions of dollars)
Amount outstanding
Sales
Series
Series
Series
Series
Series
A-D 2 / ......................
E and H .....................
F and G .....................
J and K .....................
Total A - K ...........................
Sales plus
accrued
discount
Accrued
discount
Redemptions 1/
3,949
138,724
28,396
3,556
1,054
26,494
1,125
197
165,218
29,521
3,752
4,996
113,740
29,474
3', 549
174,624
28,870
203,494
151,759
5,003
Interestbearing debt
Matured
noninterestbearing debt
8
_
51,478
-
170
47
33
51,648
88
-
Footnotes at end of Table 4 .
Table 2. - Sales and Redemptions by Periods, All Series Combined
(In millions of dollars)
Redemptions 1/
Period
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Sales
price y
Accrued
discount 3/
Interestbearing debt
92,029
7,249
8,557
5,819
5,716
5,273
5,164
5,346
5,724
5,922
84,917
6,377
7,542
5,038
4,934
4,482
4,383
4,488
4,792
4,971
7,112
872
1,015
781
782
791
781
932
951
51,984
50,503
47,544
47,514
47,607
48,314
49,299
50,043
50,537
51,213
95,329
8,772
6,732
5,595
5,602
5,021
5,252
5,441
87,837
7,763
5,851
4,842
4,792
4,259
4,445
4,^52
5,043
4,842
7,491
1,009
881
754
810
762
807
889
957
951
51,192
48,154
47,159
47,458
47,535
48,827
49,734
50,324
50,752
51,581
453
484
498
380
406
417
73
78
81
51,148
51,213
468
391
399
384
374
363
391
76
77
71
69
67
75
51,323
51,376
51,413
51,510
51,588
51,581
126
515
438
445
432
118
91
92
90
51,589
51,629
51,642
51,648
107
98
92
129,647
4,506
4,307
4,464
4,421
4,518
4,656
4,543
4,650
4,965
14,731
1,228
1,626
6,592
Calendar years:
1935-58................
1959 ...................
1960 ...................
1961 ...................
1962 ...................
1963 ...................
1964...................
1965...................
1966 ...................
19 6 7 ...................
131,859
4,320
4,350
4,539
4,278
4,760
4,609
4,486
4,860
4,898
15,349
147,207
5,541
1,686
5,675
6,183
6,117
6,013
6,451
6,584
1967 A pril ...........
M a y ...........
June............
394
438
126
127
151
565
559
July............
August..........
September.......
October.........
November........
December........
411
392
349
404
373
352
164
135
142
135
575
52.7
491
538
132
506
154
506
466
1968- January.........
459
423
399
384
163
622
632
138
560
543
524
529
537
523
1,240
1,286
1,358
1,408
1,476
1,517
1,554
1,221
1,262
1,322
1,397
1,423
1,508
1,527
1,591
6,060
6,204
5,612
5,861
Matured
noninterestbearing debt
Total
Fiscal years:
1935-58................
1959...................
196 0...................
1961 ...................
1962...................
1 96 3 ...................
1964...................
1965...................
19 6 6 ...................
1967 ...................
144,377
5,734
5,547
5,749
5,780
5,926
6,132
Amount outstanding
6,000
5,793
858
364
331
280
240
211
157
139
110
95
88
686
494
368
335
331
201
158
141
I 64
12.6
Mon t h s :
February........
M a r c h ...........
A pril...........
Footnotes at end of Table 4*
408
144
140
520
476
456
443
429
51,062
96
92
88
86
84
82
80
79
88
May 1968
63
________________ U N ITED STATES SAVINGS BO N D S________________
Table 3. - Sales and R edem ptions by Periods , Series E through K
(In millions of dollars)
Redemptions 1/
Period
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Total
Sales
price 3/
Amount outstanding
Accrued
discount 3/
Interest-bearing
debt
Matured
noninterestbearing debt
Series E and H combined
Fiscal years:
1941-58.................
1959....................
I960....................
1961....................
1962....................
1963....................
1964....................
1965....................
1 966....................
1967....................
93,747
4,506
4,307
4,464
4,421
4,518
4,656
4,543
4,650
4,965
12,591
1,174
1,194
1,254
1,331
1,386
1,458
1,502
1,542
1,619
106,338
5,680
5,501
5,717
5,753
5,904
6,114
6,045
6,192
6,584
64,196
5,107
5,502
4,627
4,603
4,500
4,736
4,987
5,305
5,449
58,914
4,310
4,616
3,906
3,873
3,759
3,982
4,154
4,408
4,536
5,281
797
886
721
731
742
754
833
897
913
42,142
42,716
42,715
43,806
44,955
46,359
47,737
48,795
49,682
50,817
Calendar y e a r s :
1941-58.................
1959....................
1960....................
1961....................
1962....................
1963....................
1964....................
1965....................
1966....................
1967....................
95,959
4,320
4,350
4,539
4,278
4,760
4,609
4,486
4,860
4,898
13,183
1,169
1,224
1,293
1,372
1,404
1,491
1,514
1,580
1,680
109,141
5,489
5,574
5,832
5,650
6,164
6,101
6,000
6,440
6,578
66,552
5,519
4,996
4,484
4,636
4,557
4,841
5,117
5,477
5,439
60,920
5,632
4,636
4,202
3,781
3,882
3,823
4,061
4,254
4,561
4,519
883
794
703
754
733
780
863
916
919
42,589
42,559
43,137
44,485
45,499
47,106
394
438
408
126
127
151
519
565
559
421
452
467
351
377
390
70
75
78
50,613
50,725
50,817
411
392
349
404
373
352
164
135
141
134
132
154
574
527
491
538
505
506
442
454
433
368
379
364
353
344
374
74
75
70
67
65
73
50,949
51,022
51,079
51,197
51,293
51,352
459
423
399
384
163
137
144
621
560
543
524
602
487
414
426
415
115
88
90
88
51,371
51,429
51,457
51,478
784
74
128
59
51
49
27
24
35
38
9,842
7,787
4,829
3,709
331
303
257
2,652
1,955
1,563
1,248
196
144
127
99
856
86
8,603
5,594
468
Months:
1967-April.............
J une..............
July...............
August............
September.........
November..........
1968-January...........
F ebruary..........
M a r c h.............
140
420
409
447
502
515
503
_
_
_
_
_
_
48,366
49,249
50,212
51,352
-
Series F, G, J, and K combined lj
Fiscal years:
1941-58.................
1959....................
1960 ....................
1961 ....................
1962 ....................
1 9 6 3 ....................
1 9 6 4 ....................
1 9 6 5....................
196 6....................
196 7....................
Calendar years:
1941 5 8 .................
1 9 5 9....................
I9 6 0 ....................
1961 ....................
1962 ....................
1 963....................
196 4....................
196 5....................
1966 ....................
1 967....................
31,951
x-
32
27
33,036
54
46
32
27
22
22
1,085
54
46
_
-
_
18
15
12
8
18
15
12.
8
-
16
_
-
14
33,063
52
38
29
25
19
16
14
10
6
10
6
31,951
*
%
-
_
1,112
52
38
29
25
19
22,863 1/
2,137
3,049 6/
1,188 7/
1 ,110 8/
771 9/
4 2 6 £/
358
418
472
23,805
3,246
1,732
1,108
963
1/
6/ 7/
7/ 8/
8/ 9/
462 9/
410
323
522
353
22,079
2,063
2,921
1*129
1,059
722
400
333
384
434
22,992
3,122
1,646
1,058
813
125
86
50
55
397
4,022
2,973
2,036
222
80
655
348
318
316
909
434
383
297
28
481
322
40
32
1,075
540
229
188
147
131
155
118
27
26
1,721
1,368
Months:
1967-April.............
M a y ................
June...............
July...............
A u gust............
September.........
October...........
November..........
December..........
1968-January...........
F ebruary..........
March.............
A p ril.............
Footnotes at end of Table 4*
_
1
-
-
_
_
-
-
_
-
_
_
-
-
-
-
1
-
-
88
1
32
31
30
29
29
27
3
3
3
449
423
397
84
80
1
26
22
23
2
2
2
2
2
2
374
354
334
313
295
229
78
76
74
72
71
118
217
100
-
23
23
20
21
20
20
19
18
17
30
27
27
24
22
19
(Continued on following page)
19
17
3
3
2
2
200
185
170
91
84
80
Treasury Bulletin
64
.UNITED STATES SAVINGS BONDS.
Table 3. - Sales and Redem ptions by P eriod s, Series E through K - (C on tinu ed )
(In millions of dollars)
Redemptions 1/
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Total
Sales
price 3/
Accrued
discount 2/
Fiscal years:
1941-58.................
1959....................
196 0....................
1961....................
1 9 6 2 ....................
196 3....................
1964....................
196 5....................
1 966....................
1967....................
89,046
3,688
3,603
3,689
3,674
3,914
4,136
4,112
4,246
4,599
12,591
1,174
1,194
1,254
1,331
1,386
1,458
1,502
1,542
1,619
101,637
4,862
4,797
4,943
5,005
5,300
5,594
5,614
5,787
6,217
63,570
4,889
5,181
4,394
4,343
4,203
4,363
4,538
4,801
4,895
58,288
4,092
4,295
3,673
3,613
3,461
3,609
3,705
3,904
3,982
5,281
797
886
721
731
742
754
833
897
913
Calendar y e a r s :
1941-58.................
1959....................
I 96 0 ....................
1961 ....................
19 6 2 ....................
1963....................
196 4 ....................
1 96 5 ....................
19 6 6....................
1 96 7 ....................
90,853
3,598
3,632
3,711
3,624
4,185
4,132
4,092
4,450
4,574
13,183
1,169
1,224
1,293
1,372
1,404
1,491
1,514
1,580
1,680
104,035
4,767
4,856
5,003
4,996
5,589
5,623
5,606
6,031
6,255
65,829
5,225
4,729
4,249
4,349
4,229
4,425
4,650
4,913
4,941
60,197
4,342
3,935
3,546
3,595
3,495
3,646
3,787
3,997
4,022
5,632
883
794
703
754
733
780
863
916
919
1967-April..............
M a y ................
366
409
382
126
127
151
492
535
533
381
414
430
311
338
352
75
July...............
August............
September.........
384
367
328
379
354
333
164
135
141
134
132
154
547
501
469
513
486
486
400
414
393
381
370
406
326
339
323
314
305
333
74
75
70
67
430
395
375
365
163
137
144
592
533
519
504
546
452
460
453
431
364
370
364
Exchanges of
E bonds for
H bonds
-
201
188
219
191
206
188
212
216
Amount
outstanding
(interestbearing debt)
38,067
38,040
37,456
37,817
38,260
39,166
40,190
41,078
41,853
42,959
278
212
199
208
198
190
224
207
38,206
37,748
37,597
38,140
38,587
39,740
40,739
41,504
42,398
43,504
16
17
17
42,769
42,873
42,959
73
19
18
15
14
14
14
43,087
43,156
43,217
43,335
43,437
43,504
115
88
90
88
19
19
17
14
43,532
43,593
43,636
43,673
-
Months:
November..........
1968-January...........
F ebruary..........
140
70
78
65
Series H
F isc a l y e a r s:
1 9 5 2 - 5 8 . . . . ...........................
1 9 5 9 ............................................
I 9 6 0 ............................................
1 9 6 1 ............................................
1 9 6 2 ............................................
1 9 6 3 ............................................
1 9 6 4 ............................................
1 9 6 5 ............................................
1 9 6 6 ............................................
1 9 6 7 ............................................
626
626
217
322
233
260
2 98
373
449
504
553
2 17
322
233
260
298
373
449
504
553
-
201
188
219
191
206
188
212
2 16
4 ,0 7 5
4 ,6 7 6
5 ,2 5 9
5 ,9 8 9
6 ,6 9 5
7 ,1 9 3
7 ,5 4 6
7 ,7 1 6
7 ,8 2 9
7 ,8 5 8
324
723
294
267
235
287
328
416
4 67
564
497
723
294
267
235
287
328
4 16
467
564
4 97
_
_
_
-
278
212
199
208
198
190
2 24
207
4 ,3 8 3
4 ,8 1 1
5 ,5 4 0
6 ,3 4 5
6 ,9 1 2
7 ,3 6 7
7 ,6 2 7
7 ,7 4 4
7 ,8 1 5
7 ,8 4 8
26
_
-
27
30
26
39
39
37
39
39
37
16
17
17
7 ,8 4 4
7 ,8 5 2
7 ,8 5 8
27
25
21
25
20
20
_
-
27
25
21
25
20
20
42
40
40
39
40
41
42
40
40
39
40
41
_
_
-
19
18
15
14
14
14
7 ,8 6 2
7 ,8 6 6
7 ,8 6 2
7 ,8 6 2
7 ,8 5 6
7 ,8 4 8
29
27
24
19
-
29
27
24
19
56
50
56
_
-
19
19
7 ,8 4 0
17
7,836
7,822
14
7 ,8 0 5
4 ,7 0 1
818
704
775
747
604
521
431
404
367
—
-
4 ,7 0 1
818
704
775
747
604
521
431
404
367
5 ,1 0 6
722
718
828
654
575
477
394
-
5 ,1 0 6
722
718
828
654
575
477
394
27
30
J u ly ................................
A u g u s t............................
S ep tem b er ....................
O c to b e r .........................
N ovem ber.......................
1 9 6 8 -J a n u a r y .........................
F e b r u a r y .......................
C alen d ar y e a r s :
1 9 5 2 - 5 8 .....................................
1 9 5 9 ............................................
1 9 6 0 ............................................
1 9 6 1 .............................................
1 9 6 2 .............................................
1 9 6 3 .............................................
1 9 6 4 ............................................
1 9 6 5 ............................................
1 9 6 6 .............................................
1 9 6 7 .............................................
410
32 4
410
M on th s:
1 9 6 7 - A p r il..............................
May...................................
J u n e ................................
A p r i l ..............................
Footnotes at end of Table 4*
56
50
56
51
51
May 1968
65
_______________ UNITED STATES SAVINGS BONDS________________
T able 4. - Redem ptions o f M atured and
Unmatured Savings Bonds
(In millions of dollars)
Unmatured
Matured
Period
Total 1/
Total
Fiscal years:
1951 5 2 ...................
1953......................
1954......................
1955......................
1956......................
1 957......................
1958......................
1959......................
I960 ......................
1961 ......................
1962 ......................
1963......................
1964......................
1965......................
1966......................
1967......................
Calendar y e a r s :
1951-52...................
195 3......................
1 954..................... .
1955......................
1956......................
1 957......................
1958......................
1959......................
I960 ......................
1961 ......................
1962 ......................
1963......................
1964......................
1965......................
1966 ......................
1967......................
Months :
1967-April................
M a y ..................
June.................
July.................
August..............
September...........
O ctober.............
November............
December............
1968-January.............
February............
M a r c h ................
Apr i l ................
11,246
5,621
6,515
7,251
7,846
8,958
8,544
7,249
8,557
5,819
5,716
5,273
5,164
5,346
5,724
5,922
10,725
6,149
6,985
7,301
8,264
9,630
7,255
8,772
6,732
5,595
5,602
5,021
5,252
5,441
6 ?000
1,610
1,761
2,747
3,941
4,263
4,115
3,730
3,621
4,126
2,673
2,593
2,250
2,057
2,184
2,253
2,471
1,787
2,318
3,171
4,230
4,246
4,156
3,393
4,701
3,033
2,555
2,387
2,043
2,171
2,148
2,472
5,793
2,386
453
484
498
221
468
200
182
181
466
170
237
114
203
199
632
173
476
456
443
429
529
537
523
Series E
and H
740
1,128
1,487
1,826
1,917
1,971
1,906
1,996
2,304
1,733
1,668
1,593
1,754
1,938
1,973
2,059
1,222
1,328
1,500
2,047
1,891
2,084
1*691
2,433
1,944
1,633
■1,656
1,617
1,889
1,932
2,080
2,041
1,260 5
2,115
2,345
2,144
1,824
1,625
1,822
940
925
657
304
412
565
990 5 /
1,672
2,183
2,355.
2,072
1,702
2,268 6/
1,089 6/7/
922 7/8/
730 8/9/
426 9/
282
216
391
345
24
23
14
9
250
190
242
174
Source: Daily Treasury statement; Office of Debt Analysis in the Office
of the Secretary.
Note: In these tables sales of Series A-F and J bonds are included at issue
price, and redemptions and amounts outstanding at current redemption
value. Series G, H, and K are included at face value throughout.
Matured bonds which have been redeemed are included in redemptions.
Matured J and K bonds outstanding are included in the interest-bearing
debt until all bonds of the annual series have matured, and are then
transferred to matured debt on which interest has ceased.
1/ Sales and redemption figures include exchanges of minor amounts of (l)
matured Series E bonds for Series G and K bonds from May 1951 through
April 1957 and (2) Series F and J bonds for Series H bonds beginning
January I960; however, they exclude exchanges of Series E bonds for
Series H bonds, which are reported in Table 32/ Details by series on a cumulative basis and by periods for Series A-D
combined will be found in the February 1952 and previous issues of the
Treasury Bulletin.
2/ Because there is a normal lag in classifying redemptions, the distribu
tion of redemptions between sales price and accrued discount has been
estimated. Beginning with the Treasury Bulletin of March 1961 the
7/
8/
2/
280
176
147
223
183
159
6/
246
41
33
27
156
218
272
869
633 5/
181
148
154
106
Total
Other
21
Series E
and H
9,616
3,85°
3,58°
3,394
3,467
4,657
4,73°
3,778
4,641
3,358
3,070
2,951
3,088
3,284
3,300
3,351
7,562
2,Q 55
2,71*
2 ,775
2,785
3,132
3,195
3,235
3,285
3,075
2,875
8,940
3,799
3,057
3,031
3,157
3,287
3,384
3,413
6,913
2,882
2,464
2,976
2,920
3,322
3,091
3,445
3,114
2,899
2,827
2,905
3,026
3,176
3,277
3,370
257
269
270
253
264
268
313
310
252
3,666
3,89°
5,207
3,841
4,520
3,938
3,100
3,002
256
390
189
316
40
279
18
32
30
17
256
280
283
253
2,812
2,°48
3,165
3 ,1°6
3,273
387
188
314
276
254
278
281
252
Other
2,054
904
874
61°
682
1 ,52b
1,544
543
1,356
283
196
130
140
Unclassified
10/
20
I 70
-84
lib
185
75
-150
-210
-212
53
73
1°
118
104
79
-121
2,02 b
-1
917
593
689
979
31
757
-595-
1,886
750
1,075
82 c
20 ]
175
125
131
111
172.
oa
120
266
22
-449
-239
-60
213
-52
-76
6
107
44
144
-7
5
4
-26
34
46
2
2
3
3
1
2
-45
51
-170
139
-90
3
-12
2
203
-1
-18
80
3
2
1
method of distributing redemptions between sales price and accrued
discount has been changed to reflect the distribution shown in final
reports of classified redemptions. All periods shown have been
revised on this basis.
4/ Series F and G sales were discontinued April 30, 1952, and Series J
and K sales were discontinued April 30, 1957. Sales figures after
April 30, 1957, represent adjustments.
jj/ Includes exchanges of Series 1941 F and G savings bonds for 3-l/4%
marketable bonds of 1978-83.
6/ Includes exchanges of Series 1948 F and G bonds for 4-3/4% marketable
notes of 1964.
7/ Includes exchanges of Series 1949 F and G bonds for 4% marketable
bonds of 1969.
8/ Includes exchanges of Series 1950 F and G bonds for 3-7/8% marketable
bonds of 1968.
9/ Includes exchanges of Series 1951 and 1952 F and G bonds for 3-7/8%
marketable bonds of 1971 and 1$ marketable bonds of 1980.
10/ Represents changes in the amounts of redemptions not yet classified
between matured and unmatured issues.
* Less than $500,000.
Treasury Bulletin
_______________________ UNITED STATES SAVINGS BONDS—_________________________________
T able 5. - Sales and R edem ption s by Denom inations, S eries E and H I/C om bined
(In thousands of pieces)
Period
Total all
denominations
$10 2/
$25
$50
$100
*75 1/
$200 lj
$500
$ 1,000
11,471
798
774
789
813
928
1,006
982
30,462
1,212
32,182
$ 5,000
$ 10,000 Jj/ 6/
Sales lj
Fiscal y e a r s :
1941 5 8............
1959
i960
...................................
..........
1 961................
1962
......................
1963 ................
1964 ................
1965 ................
1966................
1967................
Calendar years:
1941-58............
1959
............
i960 .............
1961
..........
1962 ................
1963 ................
1964 .............
1965................
1966................
1967................
Months:
1967-April.........
M a y ...........
June..........
J uly..........
August........
September....
O ctober.......
November......
December ....
1968-January.......
February p ....
March p .......
Inception to date p..
1,966,252
85,882
85,607
86,495
86,479
89,627
96,609
99,560
103,500
114,433
21,076
_
_
1,323,229
52,895
52,972
53,453
53,010
54,629
59,230
_
60,928
_
63,430
71,506
_
_
_
_
-
2 ,008,388
21,076
84,945
86,659
85,757
87,094
94,123
98,414
100,657
107,949
117,004
_
9,406
10,065
9,720
10,105
8,901
8,548
10,608
9,408
8,976
11,340
9,574
9,932
2 ,901,836
_
1,349,072
52,452
53,910
_
52,528
_
53,503
57,391
60,217
61,841
_
_
_
_
66,381
327,851
20,108
20,220
-
20,434
-
20,901
21,903
23,442
23,947
24,704
26,476
219,672
9,477
9,208
9,273
-
337,748
1,087
1,299
1,237
1,270
1,214
1,033
1,010
1,101
1,042
1,068
1,131
1,064
224,386
11,868
775
768
816
799
1,019
31,071
1,141
1,173
1,247
1,098
1,325
1,151
1,044
1,155
1,076
32,834
1,243
1,110
996
17
17
13
17
15
17
15
13
14
13
87
99
97
86
100
82
90
77
1
1
1
1
1
1
84
83
74
78
78
72
87
93
77
77
77
70
83
89
67
87
84
93
93
83
41,750
93
97
73
43,608
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
445
235
16,534
16,069
1 ,451
1,567
1,139
1,126
1,028
1,088
29
9
15
18
5
10
10
12
4
5
5
7
9
20,347
20,447
21,329
22,828
-
10,162
23,816
24,106
632
1,322
10,366
25,498
26,417
1,607
1,811
11,114
11,214
-
10,445
-
74,422
-
6,095
2,036
145
6,211
156
873
1,028
6,034
2,379
2,278
159
982
6,638
2,166
148
142
141
896
890
826
162
140
896
896
829
164
159
155
5,849
976
912
942
317,461
-
5,530
5,389
7,076
6,014
_
-
21,076
5,788
7,583 ,
6,108
6,346
1,901,755
2,072
1,971
2,247
2,128
2,015
2,341
2,119
2,242
549,289
145
16
11
1,201
9,241
9,184
9,322
9,196
20,050
95
1,230
9,623
10,324
10,409
10,714
11,411
135
1,141
1,469
1,749
215
35
27
31
30
25
1,165
9,286
-
1,340
1,000
970
1,054
1,041
88
20,369
1,186
1,233
1,220
90
1,238
1,346
1,127
1,357
1,117
978
68
66
60
15
22
16
16
16
18
17
15
14
13
14
232
101
30
27
34
27
24
13
20
12
Redemptions 7/
Fiscal years:
1941 5 8 ............
1959 ................
I96 0 ................
1961................
1962 ................
1963 ................
1964 ................
1965 ................
1966................
1967................
Calendar years:
1941-58............
1959 ................
I960................
1961................
1962 ................
1963................
1964 ................
1965................
1966 ................
1967................
Months:
1967-April.........
M a y ...........
June..........
July..........
A ugust........
September....
October.......
November......
1968-January.......
February p ....
March p .......
Inception to date p ..
1,505,639
88,647
90,748
85,077
83,804
83,469
87,242
90,012
94,720
98,349
19,161
177
144
101
78
62
54
51
47
38
1,072,826
236,150
56,036
18,598
19,507
18,654
18,746
56,796
54,280
52,958
53,018
55,264
56,736
59,235
61,960
139,981
10,394
10,634
9,197
9,150
8,715
9,080
9,322
9,822
9,839
4,871
675
725
616
653
601
144,927
65
434
711
944
9,848
8,937
9,129
8,771
9,180
9,532
10,031
9,860
5,183
722
657
609
653
615
670
715
786
761
71
81
79
780
842
815
59
64
63
83
88
88
90
87
78
811
833
811
770
747
804
64
86
-
19,022
*
245
585
837
20,034
20,744
21,948
22,627
245,220
1,549,233
90,083
87,819
82,762
84,285
84,965
88,054
92,352
97,063
101,135
19,250
87
71
58
50
50
45
34
64,375
1,191
3
3
3
4,893
5,560
5,338
1,816
3
3
3
1,875
1,967
1,930
1,831
1,747
1,869
2,207
88
2,046
2,111
94
91
2,427
8,689
8,368
161
122
1,100,744
56,389
55,552
52,626
53,231
54,055
55,682
58,045
60,546
8,800
8,431
8,055
7,960
8,556
2
2
2
5,228
5,669
5,375
5,139
5,165
5,558
9,748
9,153
9,195
2,385,846
4
3
3
19,937
6,019
5,856
5,811
1,628,929
8,240
-
19,150
19,089
18,346
19,006
19,402
20,204
21,330
22,545
22,959
-
1,958
1,896
433,612
84
83
81
78
83
Note: These figures are estimates by the Office of Debt Analysis in the
Office of the Secretary and are based on the daily Treasury statement
and reports from Federal Reserve banks and the Bureau of the^Public Debt.
1/ Sales of Series H bonds began on June 1, 1952; the denominations
authorized were $ 500 , $ 1 ,000 , $ 5 ,000 , and $ 1 0 ,000 .
2/ Sales were authorized in June 1944, to Armed Forces only, and dis
continued after March 31, 1950.
2/ Sales began on May 1, 1964*
lj
y
6/
7/
10,696
1,065
878
900
233,752
648
694
756
760
65
62
61
59
61
86
69
69
11,595
1,301
1,351
1,076
1,077
1,005
1,051
1,070
1,113
1,084
17,137
1,368
1,201
1,045
1,070
1,008
1,067
1,080
1,137
1,047
85
87
81
81
77
83
126
98
98
27,483
1,122
1,182
1,169
16,720
1,575
1,334
1,098
1,108
1,'037
1,11 1
1,136
1,226
1,123
92
90
84
86
82
94
149
107
109
27,834
15
19
22
24
33
14
12
9
12
13
18
20
8
10
12
20
8
‘6
4
5
6
8
9
21
12
11
2
2
2
1
1
1
2
2
2
2
2
2
1
1
1
1
1
1
2
2
2
1
1
2
24
183
93
Sales began in October 1945*
Sales of $10,000 denomination Series E bonds were authorized on May 1,
1952.
Includes sales and redemptions of $100,000 denomination Series E bonds
which are purchasable only by trustees of employees' savings plans
beginning April 1954, and also personal trust accounts beginning Jan
uary 1955.
See Table 4, footnote 1. *
Less than 500 pieces.
p
Preliminary.
May 1968
67
UNITED STATES SAVINGS NOTES
Sales of United States savings notes began May 1, 1967.
The principal terms and conditions for purchase and
The notes are eligible for purchase by individuals with the
redemption and information on investment yields of the savings
simultaneous purchase of Series E savings bonds on payroll
notes appear on page IV of the March 1967 Bulletin or in
Treasury Department Circular, Public Debt series No. 3-67 dated
savings or bond-a-month plans.
February 22, 1967.
Table 1. — Sales and Redemptions by Periods
( in m illio n s o f d o lla r s )
R ed em p tion s
P e r io d
S a le s
A ccru ed
d is c o u n t
F is c a l v ea r s:
1 9 6 7 ............................................
1
C alen d ar y e a r s :
1 9 6 7 ............................................
80
1
_
-
S a le s p lu s
a cc ru ed
d is c o u n t
T o ta l
1
X
-
80
#
_
*
1
_
5
9
12
19
17
17
*
**
S a le s
p r ic e
#
A ccru ed
d is c o u n t
Amount
o u t s t a n d in g
#
1
*
80
Months:
1967-M ay..................................
J u n e ................................
J u l y ................................
A u g u st...........................
O c to b e r .........................
November......................
D ecem ber......................
1 9 6 8 -J a n u a r y .........................
F e b r u a r y ......................
March..............................
A p r i l ..............................
May..................................
5
9
12
19
17
17
20
19
20
21
_
-
-
S o u r c e : D a ily T r e a su r y s t a t e m e n t; O f f i c e o f D eb t A n a ly s is i n t h e O f f i c e
o f th e S e c r e ta r y .
*
L e s s th a n $ 5 0 0 ,0 0 0 .
20
19
20
21
_
*
%
*
*
*-X
#
*
_
*
*
1
*
6
15
27
45
63
80
#
*
*
*
*
*
*
*
*
%
*
*
*
1 00
120
140
160
68
Treasury Bulletin
_________________________________ OWNERSHIP OF FEDERAL SECU RITIES________________________________
Table 1. - Distribution of Certain Federal Securities by Classes of Investors and Types of Issues
(In millions of dollars)
Interest-bearing securities guar
anteed by the U.S. Government lj
Interest-bearing securities issued by the U.S. Government
End of
fiscal year
or month
Total
Federal
securi
ties out
standing
1/
Held by U.S. Government
investment accounts 2/
Total
out
standing
Total
Public
Issues
Special
issues
Held by private
investors
Held by
Federal
Reserve
banks public
issues
Total
Public
market
able
issues
Public
non
market
able
issues
Total
out
standing
201,235
201,459
202,417
208,483
211,721
211,598
210,776
206,645
199,862
144,983
149,546
151,392
157,418
160,361
159,575
157,220
153,566
146,502
56,252
51,913
51,025
51,065
51,360
52,023
53,556
53,079
53,361
110
139
1959.............
1960.............
1961.............
1962.............
1963.............
1964.............
1965.............
1966.............
1967.............
284,817
286,471
289,211
298,645
306,466
312,526
317,864
320,369
326,733
281,833
283,241
285,672
294,442
301,954
307,357
313,113
315,431
322,286
54,554
55,259
56,002
56,296
58,206
60,964
63,236
66,618
75,705
9,799
10,360
10,959
11,357
13,405
14,337
14,586
15,497
19,549
44,756
44,899
45,043
44,939
44,801
46,627
51,120
56,155
26,044
26,523
27,253
29,663
32,027
34,794
39,100
42,169
46,719
1966-December....
329,814
325,021
68,685
16,692
51,993
44,282
212,054
159,152
52,902
1967-April.......
M a y .........
June........
328,306
331,397
326,733
323,876
326,994
322,286
70,295
74,501
75,705
18,646
19,331
19,549
51,649
55,170
56,155
45,460
46,066
46,719
208,120
206,427
199,862
155,119
153,351
J uly........
August......
September...
October....
November....
December....
331,158
336,374
336,418
341,027
345,634
345,208
327,132
332,409
332,447
337,041
341,570
341,194
75,373
77,143
76,348
75,852
76,173
75,932
19,164
18,833
18,608
18,685
18,802
18,699
56,209
58,309
57,739
57,167
57,372
57,234
46,804
204,955
208,712
209,183
213,800
216,466
216,149
1968-January....
February....
M a r c h.......
342,812
348,314
346,136
343,615
346,813
352,107
350,033
347,545
74,626
76,324
75,791
75,692
18,696
19,083
19,079
18,736
48,650
55,930
57,242
56,711
56,957
46,555
46,916
47,390
48,931
49,112
49,092
48,952
49,691
50,507
219,094
223,037
220,654
217,415
Source: Daily Treasury statement for total amounts outstanding; reports
from agencies and trust funds for securities held by U.S. Government
investment accounts; and reports from Federal Reserve System for
securities held by Federal Reserve banks.
1/ Includes certain debt not subject to statutory limitation. For amount
subject to limitation, see "Statutory Debt Limitation," Table 1.
2/ Includes accounts under the control of certain U.S. Government agencies
3/
lj
Held by
U.S.
Government
investment
accounts
Held by
private
investors
1/
Matured
debt
and
debt
bearing
no
interest
87
167
165
159
139
94
78
47
60
153
277
440
653
450
367
434
2,873
3,090
3,300
3,759
3,907
4,357
4,163
4,477
3,935
494
84
410
4,298
146,502
53,001
53,076
53,361
505
508
512
79
78
78
426
430
434
3,926
3,895
3,935
151,098
154,967
155,211
159,295
160,446
160,763
53,857
53,744
53,972
54,505
56,020
55,386
521
524
521
524
544
545
78
78
78
76
76
76
443
446
443
448
467
3,505
3,441
3,451
3,461
3,520
3,470
163,594
167,336
164,977
161,574
55,499
55,701
55,677
55,842
553
551
560
561
76
76
76
76
477
475
484
485
240
444
605
812
589
460
512
63
|!
sS
1
79
468
3,448
3 j^4,2
3 ,3 3 7
3,370
whose investments are handled outside the Treasury.
The total amount of interest-bearing securities held by private inves
tors is calculated by deducting from the total amount outstanding the
amount held by U.S. Government investment accounts and Federal
Reserve banks.
Consists of guaranteed securities held outside the Treasury. All are
public marketable issues.
Table 2 . - Net Market Purchases or Sales o f Federal Securities
for Accounts Handled by the Treasury 1/
(in millions of dollars; negative figures are net sales)
Year
Jan.
Feb.
1945...................
1946...................
19 4 7 ...................
1948...................
194 9...................
-67.5
- 8.1
1 9 5 0 ...................
195 1...................
195 2...................
1 9 5 3...................
1 9 5 4 ...................
- 6.6
13.5
36.8
22.1
261.2
24.6
7.0
-4.0
1 9 5 5...................
195 7...................
195 8...................
1959 ...................
23.0
-1.3
14.3
-123.4
14.1
77.2
-9.8
72.6
-155.9
23.0
I 960 ................
1961 ...................
1962 ...................
1 963...................
1964 ...................
17.5
-5.6
76.9
80.7
148.7
16.5
-21.3
47.1
142.1
101.1
196 5 ...................
1966 ...................
196 7
196 8
....
397.6
75.1
43.9
50.4
210.9
334.5
565.4
64.5
l/
.1
- .2
8.8
-48.1
-.7
177.4
- 1 .8
6.7
8.8
Mar.
-5.9
-4-7
106.8
5-1
6.3
482.7
.5
12.9
-22.4
18.9
10.7
13.4
10.6
62.2
43.1
56.1
18.9
293.5
111.3
83.2
38.2
75.3
33-0
Apr.
May
-55.6
3.3
-61.3
- 12.1
1.5
-34.4
.4
-338.6
-30.4
-54.7
-56.4
- 69.8
-359.2
1 .1
36.2
-1.9
11.4
2.9
35.9
5-1
3.5
1.5
20.1
-2.9
2.8
-45.5
29.9
46.7
35.4
- 2.1
44.0
56.2
22.5
5.7
313.4
-86.3
53.1
398.3
8.4
19.9
16.4
19.5
18.2
32.3
44.6
7.0
27.1
180.0
21.8
24.2
39.9
June
1.1
- 88.4
July
-17.0
-157.8
-609.1
5.4
- .1
8.2
.2
1.4
7.9
-21.7
15.8
I '"7'7 .2
74.8
49.2
182.4
445.5
9.9
32.2
-14.5
15.4
-8.7
73.9
35.5
25.6
155.8
141.0
61.9
-59.0
28.7
143.1
69.7
59.4
127.7
145.9
60.3
24.7
656.2
298.8
343.6
Aug.
- .2
-41.2
-308.1
4.4
3.8
- 2.0
4-7
1.9
.4
-17.2
20.3
9.4
26.4
19.1
18.3
44.4
17.3
-304.4
33.5
223.4
578.6
264.1
56.9
Sept.
Oct.
Nov.
Dec.
-12.5
-74.1
-123.1
7.2
4.6
.3
-123.0
-14.1
-57.6
-20.3
696.4
-1.7
11.5
5.0
5.8
8.4
16.5
17.0
10.7
-3.6
11.7
- 1 .1
14.2
41.0
7.9
83.9
-67.3
55.1
71.6
234.8
21.3
33.3
43.^
113.1
25.5
36.8
-23.3
345.7
126.2
105.5
57.3
-25.4
436.7
39.7
27.8
19.5
33.8
100.1
116.8
39.8
-12.5
60.5
233.0
105.9
-1.9
.3
51.7
2.8
3.5
38.4
.1
- 10.0
21.1
11.8
8.4
-30.7
10.3
10.6
28.3
3.4
25.1
325.5
373.1
169.8
198.6
55.5
61.5
56.2
26.6
17. 3
41.1
221.0
- .8
220.0
- .2
-.1
7.0
29.0
8.2
.6
25.0
Consists of purchases or sales, in the market, by the Treasury of securities
issued or guaranteed by the U.S. Government for (l) trust funds which by
law are under the control of the Secretary of the Treasury or the Treasurer
of the U.S., (2) accounts under the control of certain U.S. Government
agencies whose investments are handled through the facilities of the
Treasury Department; and (3) purchases prior to maturity by the Secretary
of the Treasury of any outstanding securities as authorized under
Section 19 of the Second Liberty Bond Act, as amended (31 U.S.C. 754a).
This table excludes (l) all investment transactions for the Exchange
Stabilization Fund; and (2) all purchases by subscription on original
issue and all securities which are redeemed upon maturity.
May 1968
69
_____ OWNERSHIP OF FED ERA L SEC U R ITIES____
Table 3. - Estimated Ownership o f Federal Securities
(Par values 1/ in billions of dollars)
End of
month
Total
Federal
securities
outstand
ing 2/
Held by banks
Commer
Federal
cial
Reserve
banks
Banks
li
U. S.
Govern
ment in
vestment
accounts
Held by private nonbank investors
Individuals tj
Savings bonds
Total
Total
Series
E and H
Other
series 5/
Other
secu
rities
Mutual
Insurance sav
companies ings
banks
State
and
Corpora
local
tions 6/
govern
ments
Foreign
and inter
national
7/
Other mis
cellaneous
investors
8/
1939-Dec.....
47.6
.15.9
2.5
6.5
22.7
10.1
-
1.9
8.2
6.3
3.1
2.2
•4
.2
.5
1946-Feb. 9/..
D e c .....
279.8
259.5
93.8
74.5
22.9
23.3
28.0
30.9
135.1
130.7
64 .I
64.2
30.8
20.8
20.1
24.4
24.9
1 1 .1
11.8
19.9
15.3
6.7
6.3
2.4
30.3
12.5
13.9
2 .1
6.6
6.0
1950-June....
D e c ......
257.4
256.7
6 5 .6
61.8
18.3
135.6
134.9
67.4
66.3
34.5
34.5
15.4
15.1
17.6
16.7
19.8
18.7
11.6
10.9
18 .4
19.7
8.7
20.8
37.8
39.2
8.8
3.5
4-3
6.2
6.2
1951-June....
D e c .....
255.3
259.5
58.4
61.6
2 3.0
23.8
41.0
132.9
65.4
14.4
17.1
16.5
20.1
20.7
9.4
9.6
4.2
4.3
6.5
6.3
1952 -June....
259.2
267.4
6 1.1
22.9
24.7
44.3
45.9
15.7
15.7
13.8
16.0
16.0
9.6
9.5
18.8
19.9
10.4
1 1 .1
4-7
5.3
6.9
133-4
34-9
35.3
14.1
D e c .....
64.6
64.8
65.2
16.3
15.5
10.2
131.8
34-5
34.7
14.6
42.3
1953-June....
D e c .....
266.1
275.2
58.8
47.6
48.3
135.0
137.3
66.1
64.8
36.0
13.2
16.8
16.0
36.7
12.7
15.4
15.9
9.5
9.2
18.6
21.5
12.0
63.7
24.7
25.9
5.7
5.9
7.1
7.3
1954-June....
D e c .....
271.3
278.8
63.6
25.0
12 .1
15.2
7.6
7.6
1955- June....
D e c .....
274-4
280.8
19 56-June....
D e c .....
63.4
130.8
9.8
12.7
6.4
133.3
135.1
37.5
38.2
11.7
13.6
8.8
16.5
19.1
13.9
14.4
6.0
63.5
15.4
15.3
9.1
24.9
49.3
49.6
64.8
69.2
63.5
23.6
24.8
50.5
51.7
136.7
142.3
65.2
65.0
39.3
40.1
10.9
15.0
14.8
15.0
7.6
23.2
14.7
15.4
6.8
14.6
8.7
8.5
18.6
62.0
7.5
8 .1
272.8
276.7
57.3
59.5
23.8
53.5
54.0
138.3
66.6
65.9
9.4
8.7
13.6
138.2
40.9
41.4
16.3
24.9
15.8
13.2
8.4
8.0
17.3
18.7
16.1
16.3
7.9
7.8
8.4
1957-June....
D e c .....
2.70.6
275.0
56.2
23.0
7.6
64.9
41.6
6.6
17.2
16.7
12.7
12.5
7.9
7.6
16 .1
136 .1
66 .3
41.5
24.2
55.6
55.2
135.9
59.5
17.7
16.8
16.6
7.6
7.6
9.0
1958- June....
276.4
65.3
67.5
25.4
26.3
55.9
54-4
129.9
134.8
64-4
63.7
42.1
42.5
5.9
5.2
16.4
16.0
12.7
12.2
7.4
7.3
14.1
18.1
16.3
16.5
6.5
7.7
8.9
142.6
7.3
6.9
19.8
12.5
2 1.4
16.9
18.0
10 .1
12.0
10 .1
19.5
18.7
18.8
18.7
12.3
10.4
1 3.0
11.2
18.5
18.5
19.3
19.0
12.7
13.4
1 1.6
18.2
18.6
20.1
20.1
14.1
15-3
11.6
15.8
12.5
13.3
10.2
6.3
8.4
8.4
8.8
D e c ......
283.0
19 59-June....
D e c ......
284.8
61.5
60.3
26.0
26.6
54.6
53.7
150.3
66 .3
69.4
42.6
290.9
42.4
4.5
3.5
19.3
23.5
1960-J une....
286.5
290.4
55.3
26.5
2.7.4
55.3
55.1
149.3
145.8
69.7
3.1
2.7
24.1
20.5
6.6
66.1
42.5
42.9
12.0
62.1
11.9
6.3
289.2
296.5
62.5
67.2
27.3
28.9
56.1
143.3
145.9
64.6
43.6
44-2
2.5
2.2
18.6
19.5
11.4
11.4
6.3
54.5
298.6
44-6
45.1
2.0
1.8
19.0
19.2
11.4
11.5
6.3
46.0
18.6
11.0
6.1
20.1
11.3
5.8
18.7
18.7
21.5
46.7
1.5
1.4
1.2
1 .0
20.3
10.9
6.0
1 1 .1
5.7
22.5
20.8
18.9
18.2
21.2
16.7
13.7
14-5
5.8
5-4
15.3
24.1
15.8
22.9
15.7
16.7
14.7
16.6
17.6
15.9
15.9
I 6.4
23.7
24.7
24.4
25.1
25.3
24.5
25.1
D e c ......
1961 -June....
D e c ......
65.9
12.6
65.2
29.7
67.2
30.8
56.5
55.6
147.3
150.4
65.7
304.0
1963-June....
D e c .....
306.5
64.4
64.3
32.0
58.4
58.0
151.7
154.3
66.1
68.2
19 64- June....
312.5
318.7
60.2
61.1
60.6
156.4
157.1
68.8
64-0
34.8
37.0
69.8
47.3
47.9
1965- June....
317.9
321.4
58.3
39.1
157.1
158.0
70.9
72.1
.9
21.6
10.6
40.8
63-4
61.9
48.3
60.8
48.8
.8
22.5
10.4
60.0
61.7
61.7
60.5
64.5
66.7
161.0
163.2
162.0
73.1
73.4
74.5
74.1
73.9
73.1
73.4
73.9
74.7
75.475.3
74-6
48.8
.8
.8
23.5
10.4
10.3
1962- June....
D e c ......
D e c ......
D e c ......
1966-Jan......
F e b ......
M a r ......
A p r ......
M a y ......
June....
July ....
A u g ......
S e p t ....
O c t ......
N o v ......
D e c ......
1967-J an......
F e b ......
M a r ......
A p r ......
M a y ......
June....
July....
A u g ......
Se p t....
O c t .....
1968-Jan......
F e b ......
Mar.p....
310.1
322.4
323.7
321.5
320.1
322.8
320.4
319.8
324.9
325.3
327.4
329.9
329.8
329.4
330.1
331.5
328.3
331-4
326.7
331.2
336.4
336.4
341.0
345.6
345.2
346.8
352.1
350.0
_
1/
2/
2/
60.9
58.7
57.0
57.0
55.1
54.8
53.8
55.0
54.8
55.3
55.5
57.5
57.8
57.4
58.1
57.2
56.4
55-5
58.3
60.2
61.1
63.6
63.5
63.9
63.1
63.9
62.2
----------- ^ ------- ---------
33.6
40.6
40.2
40.7
40.7
41-5
42.2
42.4
42.5
42.9
43.0
43.9
44-3
43.5
44-0
44.9
45.5
66.4
158.1
68.0
161.1
161.6
68.8
159.3
159.9
159.2
157.8
155.2
154.3
148.7
150.6
152.4
46.9
47.4
48.9
49.1
49.1
49.0
49.7
74.7
76.4
75.9
---- — ~ -a. -l.
158.4
68.2
69.6
70.7
70.4
74.6
75.8
75.5
77.2
76.4
75.9
76.2
76.0
46.1
46 .7
46.8
46.6
161.9
161.7
156.7
157.2
69.3
69.2
68.9
66.0
152.0
154-1
157.0
156.2
160.0
162.8
162.3
uax J
48.9
49.0
49.0
49.1
49.2
49.3
49.4
49.4
49.5
49.7
49.8
74.9
74.6
74.0
72.7
71.9
70.9
70.8
71.4
72.5
73.0
73.8
73.8
49.8
74-4
74.9
75.1
50.9
51.0
.7
.7
50.1
50.2
50.3
50.4
50.5
50.6
50.6
50.7
24-4
24.1
23.3
23.5
.5
.5
.4
•4
.4
25.4
25.3
24.5
.2
.2
.2
.2
.2
.2
.2
.2
50.8
50.9
.1
.1
.1
51.0
•
United States savings bonds, Series A-F and J, are included at
current redemption value.
Securities issued or guaranteed by the U. S. Government, excluding
guaranteed securities held by the Treasury.
Consists of commercial banks, trust companies, and stock savings
banks in the United States and in Territories and island possessions.
Figures exclude securities held in trust departments.
.6
.6
.6
.3
.3
.3
.3
50.0
i/
y
U
8/
9/
23.8
24.8
24.0
24.8
24.7
24.3
23.7
22.3
21.4
20.4
20.2
20.7
21.7
22.1
22.8
22.7
10.2
10.1
10.0
9.7
9.7
9.7
9.7
9.6
9.7
9.6
9.5
9.3
9.2
9.0
9.0
8.7
8.7
8.7
8.7
8.8
8.7
8.7
23.3
23.8
8.5
24.0
8.6
8.6
6 .1
6 .1
5.5
5-5
5.5
5.3
5.2
5.1
5.0
5.0
5.0
14.2
14.3
14.5
2 1.1
14.9
13.8
4.8
4.7
25.0
25.2
25.2
16.0
25.1
14.9
25.0
4.5
4.6
4.5
4.3
4.3
4.2
4.2
4.2
4.2
4.1
4.2
4.2
14.7
14.7
14.1
12.9
13.6
24.8
25.0
1 1 .1
25.0
4.1
4.2
4-2
4.8
25.1
25.2
25.1
15.9
15.6
16.4
9.5
10.5
12.7
14.8
16.2
15.4
15.5
15.6
15.5
15 .2 .
16.0
15.7
15.4
15-3
15.4
15.2
15.2
15.4
14.5
14.0
14.1
14.5
15.0
15.0
14.7
14.4
14-3
14.7
11.9
12.4
10.7
24.7
25.1
24.9
11.8
24.6
13.1
12.5
24.5
25.1
16.2
15.8
13.8
15.3
25.4
26.3
15.4
15.2
14.6
26.6
14.8
14.8
15.6
14.6
14.3
14.6
14.8
15.9
15.3
16.0
17.4
16.9.
16.4
16.1
15-4
14.1
15.9
16.2
16.2
17.0
16.5
16.2
18.2
1 8 .4
18.3
Includes partnerships and personal trust accounts.
Discontinued series. See savings bonds tables.
Exclusive of banks and insurance companies.
Consists of the investments of foreign balances and international
accounts in the United States.
Consists of savings and loan associations, nonprofit institutions,
corporate pension trust funds, and dealers and brokers.
Immediate postwar debt peak.
p
Preliminary.
70
Treasury Bulletin
TREASURY SURVEY OF OWNERSHIP, MARCH 31,
The monthly Treasury Survey of Ownership covers secu
savings and loan associations in the September I960 Bulletin,
rities issued by the United States Government and by Federal
and for State and local governments in the February 1962
agencies.
Bulletin.
The banks and insurance companies included in the
Survey currently account for about 90 percent of all such
securities held by these institutions.
The similar proportion
for corporations and for savings and loan associations is $0
percent, and for State and local governments, 70 percent.
Data were first published for banks and insurance companies
in the M a y 1941 Treas u r y Bulletin, for corporations and
Holdings by commercial banks distributed according to
Federal Reserve member bank classes and nonmember banks are
published for June 30 and December 31.
Holdings by corpo
rate pen s i o n trust funds are p u blished quarterly, first
appearing in the M a r c h 1954 Bulletin.
Section I - Securities Issued or Guaranteed by the United States Government
Table 1. - Summary o f All Securities
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
State and local
governments
Insurance companies
Total
amount
outstand
ing 1/
Classification
5,853
commer
cial
banks
2/ y
Interest-bearing securities:
Public nonmarketable 6 / ..........
Total interest-bearing
Matured debt and debt bearing
no interest 9 / .....................
231,651
57,774
56,711
560
50,781
62 ]/
346,696
502
mutual
savings
banks
2/
488
294
life
466 fire,
casualty,
and
marine
savings 469
and loan corpo 316
associa rations general
tions
funds
188
pension
and re
tirement
funds
6,152
1
5,073
63
4,064
35
3,929
48
3,369
35
4,909
18
54
96
106
16
33
50,898
4,195
4,083
3,419
4,959
6,153
9,955
72
10,027
U.S. Govern
ment invest
ment accounts
and Federal
Reserve banks
Held by
all
other
inves
tors lj
Memorandum:
Held by
25,296
corporate
pension
trust funds
5/
76,745
55,343
1,910
97
66,673
2,097
56,711
76
82
19
5,233
125,558
132,171
2,088
Held by
all
other
inves
tors id
Memorandum:
Held by
25,296
corporate
pension
trust funds
5/
159
3,337
Total securities issued or guar
anteed by U.S. Government.........
350,033
Footnotes at end of Section II.
Table 2. - Summary of Interest-Bearing Public Marketable Securities
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Insurance companies
Classification
Total
amount
outstand
ing 1/
5.853
commer
cial
banks
2/ 1/
By type of security:
Issued by U.S. Government:
Treasury b ills..................
Treasury n otes..................
Treasury bonds..................
71,300
66,727
93,623
7,400
17,326
26,056
T o tal............................
231,651
1 to 5 y e a r s....................
5 to 10 y e a r s ...................
10 to 15 years............ .
15 to 20 y e a r s ..................
20 years and ove r ...............
mutual
savings
banks
2/
State and local
governments
U.S. Govern
ment invest
savings
469
188
and loan corpo
ment accounts
pension
associa rations 316
and Federal
general and re Reserve banks
tions
tirement
funds
funds
488
502
294
life
466 fire,
casualty,
and
marine
2,500
301
68
3,560
218
567
2,583
890
1,227
2,792
3,284
1,085
1,782
4.751
1,453
3.751
295
59
4,719
18,695
30,622
17,356
34,957
13,265
28,524
687
330
894
50,781
4,064
3,929
3,369
4,909
6,152
9,955
5,073
66,673
76,745
1,910
129,014
53,601
25,223
6,080
5,183
12,550
21,725
19,628
8,541
341
285
262
937
1,204
867
194
185
678
578
160
264
750
372
1,806
1,034
1,023
784
124
233
171
1,576
1,512
1,081
172
281
288
5,171
850
120
2
4
5
6,311
1,561
824
423
199
637
499
212
455
644
959
2,304
45,389
10,659
4,843
1,685
1,366
2,732
45,795
16,794
7,442
1,747
1,299
3,668
1,023
380
270
69
109
58
T o tal............................
231,651
50,781
4,064
3,929
3,369
4,909
6,152
9,955
5,073
66,673
76,745
1,910
Maturity classes (final
maturity):
Within 1 y e a r ...................
1 to 5 y e a r s ....................
5 to 10 y e a r s...................
10 to 15 y e a r s ..................
15 to 20 y e a r s ..................
20 years and over...............
114,646
67,969
24,006
4,510
3,902
16,617
15,264
26,089
8,467
270
216
476
769
1,372
826
166
94
837
343
394
226
550
418
1,998
547
1,510
752
95
81
383
1,340
1,748
1,055
132
175
458
4,790
1,230
120
1
1
9
6,006
1,866
748
256
351
729
347
364
295
367
542
3,159
43,143
12,905
4,424
1,474
828
3,900
42,097
20,491
7,094
1,199
1,195
4,668
954
449
257
56
34
161
231,651
50,781
4,064
3,929
3,369
4,909
6,152
9,955
5,073
66,673
76,745
1,910
509
1,055
By maturity distribution:
Call classes (due or first
becoming callable):
Footnotes at end of Section II.
May 1968
71
_________ TREASURY SURVEY OF OWNERSHIP, MARCH 31, 1968
Section I - Securities Issued or Guaranteed by the United States G overnm ent
T able 3. - In te r e s t-B e a r in g P u b lic M a rk eta b le S e c u r it ie s by Issu es
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
State and local
governments
Insurance companies
Issues
Treasury bills:
Regular weekly and annual
maturing:
Mar. 1968-June 1968..........
July 1968-Sept. 1968..........
O c t . 1968...
Nov. 1968...
De c . 1968...
Jan. 1969...
Feb. 1969...
Total
amount
outstand
ing
38,743
17,512
1,502
1,501
1,000
1,000
1,002
5,853
commer
cial
banks
2J 3/
502
mutual
savings
banks
2/
4,398
1,551
121
122
68
97
26
1
36
34
71
266
145
24
21
8
6
13
-
46
294
life
488
466 fire, savings
casualty, and loan
associa
and
tions
marine
469
corpo
316
rations general
funds
188
pension
and re
tirement
funds
U.S. Govern
ment invest
ment accounts
and Federal
Reserve banks
Held by
all
other
inves
tors 4 /
Memorandum:
Held by
25,296
corporate
pension
trust
funds jj/
3
1
50/+
195
23
25
23
8
26
943
349
63
15
29
10
11
2,903
960
95
112
82
124
89
266
23
1
1
1
1
10,879
5,526
488
459
456
349
303
18,333
8,706
682
707
299
452
488
571
54
9
5
1
1
20
154
31
3
2
Tax anticipation:
Apr.
1968......................
1968...
June
3,507
5,534
310
711
5
21
80
26
12
13
27
60
776
1,088
97
290
1
127
107
2,072
3,217
17
6
Total Treasury bi l l s ............
71,300
7,400
509
301
218
890
3,284
4,751
295
18,695
34,957
687
5,587
5,937
8,984
10,738
4,277
7,675
2,509
4,265
1,734
2,006
5,310
1,652
5,149
212
115
61
159
88
113
35
72
34
17
1,056
799
1,251
1,418
2,604
2,518
1,197
976
674
876
1,177
538
1,913
51
32
32
70
42
8
53
72
98
195
78
72
85
85
48
62
148
-
1
51
26
65
92
109
159
110
65
48
101
101
51
242
1
-
20
1
8
3
8
1
4
11
_
-
3,602
4,459
6,111
7,667
289
1,492
176
1,816
168
355
2,865
261
1,359
_
_
_
2
-
559
391
1,207
1,078
945
2,841
872
1,171
675
411
974
651
1,246
75
49
20
27
12
19
7
17
14
4
17
5
55
43
19
53
12
14
23
8
18
15
47
57
9
18
7
6
120
127
30
136
103
82
23
24
8
28
55
3
62
71
31
8
60
27
32
15
32
139
119
238
224
117
190
40
56
36
104
42
60
77
9
3
2
4
17
7
24
47
12
166
10
76
35
34
38
17
68
6
3
66,727
17,326
1,055
1,788
2,543
2,490
2,285
1,224
1,254
1,952
2,620
2,460
2,640
1,158
3,728
6,248
4,381
4,129
2,806
2,760
2,344
2,579
3,894
4,352
3,129
3,589
2,241
1,216
1,570
581
1,399
1,191
938
559
440
1,165
770
512
878
329
957
2,054
1,911
1,460
1,023
1,162
880
870
1,359
1,683
1,281
1,207
486
74
70
15
23
36
28
20
22
14
27
20
16
6
28
117
62
86
71
44
92
61
120
161
104
192
39
41
28
Treasury notes:
4.-3/4% May
Aug.
4-1/4
Nov.
5-1/4
Feb.
5-5/8
5-5/8
May
Nov.
5
5-3/8
Feb.
May
5-1/4
5-3/8
Nov.
Feb.
4-3/4
May
4-3/4
Nov.
5-3/4
Feb.
5-3/4
1-1/2
Apr.
1-1/2
Oct.
1-1/2
Apr.
1-1/2
Oct.
1-1/2
Apr.
1-1/2
Oct.
1-1/2
Apr.
1-1/2
Oct.
1-1/2
Apr.
1-1/2
Oct.
1968-B...........
1968-C...........
1968-D...........
19 69- A ...........
1969-B...........
1970-A...........
1971-C...........
1971-A ...........
1971-B...........
1972-A ...........
1972-B...........
1974-A ...........
1975-A...........
1968-EA..........
1968-EO..........
1969-EA..........
1969-EO..........
1970-EA..........
1970-E0..........
1971-EA..........
1971-E0..........
1972-EA..........
1972-EO..........
Total Treasury
Treasury bonds:
2-1/2% Dec.
2-1/2
June
2-1/2
Dec.
2-1/2
Mar.
2-1/2
Mar.
2-1/2
June
2-1/2
Sept.
2-1/2
Dec.
3-7/8
May
Aug.
3-3/4
3-7/8
Nov.
Feb.
4
Oct.
4
Feb.
4
Aug.
4
Aug.
4
3-7/8
Nov.
Feb.
4
Aug.
4
Aug.
4
Nov.
4-1/8
4-1/8
Feb.
May
4-1/4
3-7/8
Nov.
May
4-1/4
June
3-1/4
1963-68..........
1964-69..........
1964-69..........
1965-70..........
1966-71..........
1967-72..........
1967-72..........
1967-72..........
1968.............
1968.............
1968.............
1969.............
1969.............
1970.............
1970.............
1971.............
1971.............
1972.............
1972.............
1973.............
1973.............
1974.............
1974.............
1974.............
1975-85..........
1978-83..........
Footnotes at end of Section II.
46
5
2
1
11
1
2
2
4
10
4
22
-
1
-
1
-
2
1
2
-
1
1
1
-
2
-
3
1
1
1
68
567
1,227
1,085
1,453
59
30,622
13,265
330
9
16
13
31
67
21
19
68
5
9
7
5
18
13
20
11
14
21
28
67
31
42
30
29
38
200
63
66
62
79
51
35
108
87
51
41
20
50
134
107
119
78
80
21
26
24
16
14
35
50
71
58
396
142
116
37
6
8
53
17
114
359
90
32
180
115
17
1
19
12
1
20
20
47
24
19
38
14
142
133
155
77
141
310
191
106
87
135
62
84
167
176
67
85
115
77
167
5
14
15
38
21
16
9
39
32
8
2
3
33
8
39
13
15
43
19
52
53
51
70
54
160
277
217
415
535
666
205
124
82
220
515
387
113
1,377
707
472
435
615
468
270
528
557
437
549
576
635
420
211
462
17
7
15
18
11
2
9
7
24
49
20
38
55
30
44
24
26
25
28
56
45
34
35
25
14
13
2
-
1
64
63
187
179
127
110
64
32
29
64
2?
50
139
111
130
84
116
114
118
166
189
152
152
103
26
39
(Continued on following page)
10
22
6
20
8
1
422
450
427
264
515
439
1,180
1,021
723
492
1,084
2,553
1,392
1,718
823
707
786
806
1,218
1,422
751
1,146
659
349
548
-
Treasury Bulletin
72
.TREASURY SURVEY OF OWNERSHIP, MARCH 31, 1968.
Section I - Securities Issued or Guaranteed by the United States Government
Table 3. - Interest-Bearing Public Marketable Securities by Issues - (Continued)
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
State and local
governments
Insurance companies
Total
amount
outstand
ing
Issues
Treasury bonds - (Continued)
l&
Feb.
1980.......
3-1/2 Nov.
1980...... .
3-1/4 May
198 5 .......
4-1/4 Aug.
1987-92...
4 ,
Feb.
1988-93...
4-1/8 May
1989-94...
3-1/2 Feb.
1990......
3
Feb.
1995......
3-1/2 Nov.
1998...... .
2,602
1,909
5,853
commer
cial
banks
mutual
savings
banks
2/ 2/
2/
132
138
502
294
life
77
89
25
153
3 81
180
466 fire, savings 469
casualty, and loan corpo
associa rations
and
tions
marine
57
38
71
62
21
2 10
2
111
160
10
39
90
27
42
133
27
85
1 ,1 1 6
72
3,817
249
1,559
4,883
1,753
4,354
211
Total Treasury b o nds......
93,623
2 6 ,0 5 6
2,500
3,560
2,583
2,792
Total public marketable
securities..................
231,651
50,781
4,064
3,929
3,369
4,909
3
19
164
24
55
158
6
34
23
101
3 06
894
41
769
35
314
16
188
pension
general and re
funds
tirement
funds
316
132
124
107
87
5
36
U.S. Govern
ment invest
ment accounts
and Federal
Reserve banks
272
95
Memorandum:
Held by
25,296
corporate
pension
trust
funds 5/
941
35
2 58
21
299
913
87
281
7
96
7
25
159
986
1 ,2 6 0
751
723
197
1,099
70
104
Held by
all
other
inves
tors lj
213
822
33
515
827
118
844
1,782
3,751
4,719
17,356
28,524
894
6 ,1 5 2
9,955
5,073
66,673
76,745
1,910
320
68
502
1 ,1 6 2
16
1,140
Footnotes at end of Section II.
Table 4. - Interest-Bearing Public Nonmarketable Securities by Issues
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Insurance companies
Issues
Total
amount
outstand
ing
5,853
commer
cial
banks
2/ 1 /
502
mutual
savings
banks
2/
U.S. savings bonds: 6/
Series E ............................
Series H ............................
Series J and K ...................
43,636
7,822
185
-
-
-
-
Total U.S. savings bo n d s ..........
51,642
*
1,238
217
31
-
Other U.S. securities:
Certificates of indebtedness:
Foreign Series.................
Foreign Currency Series.........
Treasury certificates..............
Treasury notes:
Foreign Series...................
Foreign Currency Series.........
Depositary b o nds...................
Treasury bonds:
Foreign Series....................
Foreign Currency Series.........
R. E. A. Series..................
Investment Series B .............
O ther.............................
U.S. retirement plan bo n d s ........
U.S. savings notes.................
*
492
1,272
31 7/
31 7/
114
25
2,545
31
466 fire,
294
life
casualty,
and
marine
State and local
governments
488
savings 469
188
and loan corpo 316
pension
associa rations general and re
tions
funds
tirement
funds
#
*
*
1
*
*
1
*
-
*
1
2
-
-
-
-
-
35
-
-
-
-
-
-
*
1
3
#
1
1
1
1
1
43,634
7,817
179
141
1
6
*
4
2
3
51,630
147
-
-
-
-
-
1,238
217
31
-
-
-
-
-
-
-
492
1,272
-
-
34
-
16
-
1
-
68
-
61
-
-
-
-
114
25
157
26
-
-
-
2,094
-
140
12
-
Total other U.S. securities.......
6,132
62 7/
35
48
34
16
1
68
61
2,094
3,713
12
Total public nonmarketable
securities...........................
57,774
62 7/
35
48
35
18
1
72
63
2,097
55,343
159
Footnotes at end of Section II.
-
26
48
-
U.S. Govern
ment invest
ment accounts
and Federal
Reserve banks
I Memorandum:
Held by Held by
25,296
all
other
corporate
inves
pension
trust
tors d
funds £/
140
May 1968
73
__ TREASURY SURVEY OF OWNERSHIP, MARCH 31, 1968
.
Section II - Interest-Bearing Securities Issued by Federal Agencies but
Not Guaranteed by the United States Government
(Par values - in millions of dollars)
Held by investorsi covered in Treasury Survey
State and local
governments
Insurance companies
Total
amount
outstand
ing
Issues
Banks for cooperatives:
5.35%
Apr.
1968
May
1968
5.65
June
1968
5-3/4
1968
Aug.
5.65
(Debentures).
(Debentures).
(Debentures).
(Debentures).
Federal home loan banks:
5-3/8% Apr.
1968 (Bonds)....
5-1/2
May
1968 (Notes)....
1968 (Notes)....
July
5.45
5-7/8
1968 (Notes)....'.
Aug.
5.70
Sept. 1968 (Notes)....
Oct.
1968 (Notes)....
5.85
Nov.
1968 (Bonds)....
5-5/8
Jan.
5-1/2
1969 (Bonds)....
5-3/8
Mar.
1969 (Bonds)....
6
Sept. 1969 (Bonds)....
6
Feb.
1970 (Bonds)....
6
Mar.
1970 (Bonds)....
T ot a l . .
Federal intermediate credit banks:
(Debentures)......................
Federal land banks:
4-1/8% Feb.
1967-72
Oct.
1967-70
4-1/2
1968
May
5-1/4
1968
June
4
1968
Aug.
4-1/4
Oct.
1968
5-1/2
Dec.
1968
5.95
Jan.
1969
4-3/4
4-3/8
Mar.
1969
5.60
Apr.
1969
4-5/8
July
1969
July
1969
4-1/4
Oct.
1969
4-1/4
Jan.
1970
5-3/4
5-1/8
Feb.
1970
3-1/2
1970
Apr.
6.20
Apr.
1970
6
1970
July
1970
5-1/8
July
3-1/2
May
1971
3-7/8
Sept. 1972
1972
5-7/8
Oct.
4-1/8
Feb.
1973--78
4-1/2
Feb.
1974
4-3/8
Apr.
1975
Feb.
1976
5
5-3/8
1976
July
Apr.
1978
5-1/8
Jan.
5
1979
(Bonds)..
(Bonds)...
(Bonds)..
(Bonds)...
(Bonds)...
(Bonds)...
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
(Bonds)..
Total..
Footnotes at end of table.
5,853
commer
cial
banks
2/ 1 /
502
488
mutual
savings
banks
68
74
106
71
14
9
11
10
1,316
319
45
625
300
300
500
400
300
300
300
300
400
200
200
112
53
75
123
71
52
49
41
27
73
44
54
29
26
17
4,125
775
3,420
72
75
186
160
407
2
466 fire, savings
casualty, and loan
associa
and
tions
marine
469
corpo 316
rations general
funds
1
3
1
7
34
672
13 ,
293
155
150
291
194
143
186
109
167
207
111
93
12
3
1
22
-
159
1
#
2
1
17
135
68
6
-
179
*
389
2,099
28
275
1
26
1,891
23
3
7
-
6
4
3
2
2
1
1
1
3
1
3
3
4
2
5
2
1
2
49
44
150
104
90
209
127
164
63
113
40
73
94
108
61
25
224
121
66
29
65
117
92
108
130
94
113
100
142
7
2
6
1
13
8
8
9
6
6
2
190
2,919
110
15
18
24
37
26
21
25
10
22
46
94
81
1
1
-
4
1
12
4
15
1
#
1
9
1
1
*
22
24
16
16
37
22
15
4
4
24
9
13
2
15
13
22
36
27
1
2
37
5
7
2
24
16
18
18
22
12
3
7
32
6
17
259
3
48
206
167
770
185
5
18
54
194
6
7
64
6
7
8
8
9
31
14
17
6
8
3
1
2
2
7
3
11
20
5
1
3
2
4
3
4
3
2
1
1
6
2
2
1
15
3
2
2
1
2
1
9
15
1
2
2
3
1
2
1
2
1
6
2
4
3
5
8
12
46
109
46
341
100
250
60
130
209
208
82
83
362
241
85
60
109
200
148
155
200
123
150
150
285
5,120
1,043
24
29
33
20
5
17
25
19
16
3
7
9
9
6
7
14
18
4
3
3
12
9
6
13
4
3
10
32
284
1
-
3
1
1
*
1
2
2
1
1
3
1
*
1
1
12
4
4
6
5
8
9
4
10
16
4
1
5
5
7
5
3
11
5
3
2
4
16
9
3
8
11
3
6
4
7
61
145
185
2
1
5
5
12
3
1
3
3
1
1
6
2
-
1
1
(Continued on following page)
4
21
1
4
14
18
1
2
22
-
U.S. Govern
ment invest
ment accounts
and Federal
Reserve banks
132
153
168
219
14
12
5
15
2
188
pension
and re
tirement
funds
Memorandum:
Held by
25,296
corporate
pension
trust
funds $/
20
1
11
1
4
16
1
1
30
104
58
89
8
79
5
29
54
56
5
27
95
70
4
5
10
38
18
21
28
8
7
14
58
246
life
2/
296
304
352
364
242
294
Held by
all
other
inves
tors 4 /
-
.
-
3
4
-X2
5
5
-
7
15
7
19
7
9
8
14
14
9
138
8
9
2
39
10
36
12
40
24
7
-
-
3
1
3
1
*
1
Treasury Bulletin
74
__ TREASURY SURVEY OF OWNERSHIP, MARCH 31, 1968_____ _
Section II - Interest-Bearing Securities Issued by Federal Agencies but
Not Guaranteed by the United States Government - (Continued)
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Insurance companies
Issues
Federal National Mortgage
Association:
Discount n otes....................
4-3/4% June 1968 (Debentures)..
5-7/8
Sept,, 1968 (Debentures)..
Apr. 1969 (Debentures)..
4-3/S
1969 (Debentures)..
May
4.65
6.10
June 1969 (Debentures)..
5-1/8
July 1969 (Debentures)..
6
Dec. 1969 (Debentures)..
Apr. 1970 (Debentures)..
4-5/S
4-1/S
Sept., 1970 (Debentures)..
Oct. 1970 (Debentures)..
5-3/4
6
Mar. 1971 (Debentures)..
4-1/8
Aug. 1971 (D ebentures)..
Sept., 1971 (Debentures)..
4-1/2
5-1/8
Feb. 1972 (Debentures)..
4-3/8
June 1972 (Debentures)..
June 1973 (Debentures)..
4-1/4
Feb. 1977 (Debentures)..
4-1/2
Tota l . .
Tennessee Valley Authority:
Short-term n otes..................
Nov. 1985 (Bonds).......
4.40%
4-5/8
July 1986 (Bonds).......
Feb. 1987 (Bonds).......
4-1/2
5.70
May
1992 (Bonds).......
6-3/8
Nov. 1992 (Bonds).......
Total..
Total nonguaranteed securities....
1/
2/
2/
lj
j>/
Total
amount
outstand
ing
5,853
commer
cial
banks
2/ 3/
502
mutual
savings
banks
2/
1,581
16
62
400
100
350
33
19
39
88
300
250
250
12
550
142
119
400
350
63
96
98
100
146
198
52
40
39
57
8
12
78
63
7
6
6
10
4
10
34
15
5
33
46
5
9
294
life
1
1
2
1
-x-
-
1
1
1
6
9
10
8
1
2
1
10
5,481
562
330
24
200
50
50
45
70
60
57
1
1
3
6
475
59
16
13
19,937
3,528
1,119
94
6
-
5
3
3
1
Includes public debt not subject to statutory limitation. For amount
subject to limitation, see "Statutory Debt Limitation," Table 1.
Excludes trust departments.
Includes trust companies and beginning with figures for July 1949, also
includes stock savings banks. Previously, those banks were reported
as a separate classification.
Included with all other investors are those banks, insurance companies,
savings and loan associations, corporations, and State and local govern
ment funds not reporting in the Treasury Survey.
Consists of corporate pension trust funds and profit sharing plans
which involve retirement benefits. The data are compiled from quarterly
reports by trustees of funds which account for approximately 90 percent
of United States Government securities held by all corporate pension
469
corpo 316
rations general
funds
30
32
1
12
6
12
21
6
1
r
4
33
11
8
_
20
13
_
8
8
12.
6
20
3
2
1
3
5
4
1
1
4
-
488
savings
and loan
associa
tions
18
12
6
3
6
12
16
*
466 fire,
casualty,
and
marine
State and local
governments
7
3
1
3
3
5
1
24
*
3
4
2
3
7
5
_
_
89
150
172
2
*
*
24
9
_
_
_
_
_
-
-
5
24
291
541
9
2
1
6/
7/
8/
9/
*
l -Vtrt0:Ti*11—
U.S. fwU
ment invest188
accounts
pension ment
and re and Federal
Rese rve banks
tirement
funds
791
40
14
6
2
6
_
_
_
2
5
4
20
11
1
5
1
625
25
50
1
_
7
75
_
100
260
_
_
100
1
6
10
6
3
19
Held by
all
other
inves
tors 4/
_
_
_
_
_
180
198
51
139
162
89
163
79
78
134
191
42
64
Memorandum:
Held by
25,296
corporate
pension
trust
funds jj/
3
3
5
4
2
1
2.
3
7
3
2
2
3
6
6
4
71
64
103
123
6
10
61
615
2,557
72
28
-
1
23
22
21
3
3
60
20
25
21
60
49
1
1
1
-x1
9
14
72
28
234
4
781
1,655
273
1,282
10,372
250
-
5
9
922
13
1
-x-
-
*
_
_
_
_
-
4
trust funds. Since the data are not available each month, the regular
monthly Survey includes holdings by these funds under "Held by all
other investors." The quarterly data are presented as supplemental
information in a memorandum column accompanying the Survey for each
reporting date, beginning with December 31, 1953United States savings bonds, Series E and J, are reported to the
Treasury Survey at maturity value but have been adjusted to current
redemption value for use in this statement.
Includes $13 million depositary bonds held by commercial banks ntrt
included in the Treasury Survey.
Guaranteed securities are those held outside the Treasury.
Holdings by reporting investors are not available.
Less than $500,000.
May 1968
M ARKET QUOTATIONS ON TREASURY SECURITIES, APRIL 30, 1968
The securities listed include all regularly quoted public
marketable securities issued by the United States Treas
ury. Securities issued by Federal agencies and guaranteed
b y the United States Government are excluded.
Current mar k e t quotations shown here are over-thecounter c l o s i n g b i d q u o t a t i o n s in the New York market
for the last t r a d i n g d a y of t h e month, as reported to
the Treasury b y t h e F e d e r a l R e s e r v e Bank of New York.
Table 1. - Treasury Bills
Amount outstanding
(millions)_____
Issue date
Amount outstanding
(millions)
Bank discount
Maturity
date
Change from
last month
13-week
26-week
13-week
26-week
$ 1,500
$ 1 ,0 0 0
1 ,0 0 1
1 ,0 0 0
1 ,0 0 0
1.003
11/2/67
11/9/67
11/16/67
11/24/67
11/30/67
6.20%
1,601
2 /1 /6 8
2 /8 /6 8
2 /1 5 / 6 8
2 /2 3 / 6 8
2 /2 9 / 6 8
5 /2 /6 8
1 ,5 0 1
1 ,5 0 1
1 ,5 0 1
5/9/68
5/16/68
5/ 23/68
5.85
5.65
5.65
5.65
1,602
1,600
1,600
1,608
1 ,0 0 1
1 ,0 0 0
3/7/68
3/14/68
1,006
1.003
6 /6 /6 8
6 /1 3 / 6 8
6 /2 0 / 6 8
3/28/68
12/7/67
12/14/67
12/21/67
12/28/67
1,600
1,600
1,602
1,601
1 ,0 0 1
1 ,0 0 2
1 ,0 0 1
1 ,0 0 2
4 /4 /6 8
4 /1 1 / 6 8
1 /4 / 6 8
1 /1 1 / 6 8
4/18/68
4/25/68
1/18/68
1/25/68
Bid
9-month
9-month
+.55
+.50
+.50
$501
500
501
500
500
1 ,0 0 1
1 ,0 0 1
1 ,0 0 0
1 ,0 0 0
6/27/68
5.52
5.50
5.50
5 .46
+ .37
+.34
+.34
+.29
500
500
500
500
1 ,0 0 2
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
7/5/68
7/11/68
7/18/68
7/25/68
5.48
5.50
5.50
5.50
+.25
+.27
+.28
+.25
8 /1 / 6 8
1,002
1,000
1,000
2 /1 /6 8
2 /8 /6 8
2/15/68
2/23/68
2/29/68
8/15/68
5.51
5.56
5.56
5.56
5.56
+.24
+ .29
+.29
+.28
+.28
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 1
3/7/68
3/14/68
+ .2 0
9 /1 2 /6 8
3 /2 1 / 6 8
9/19/68
3/28/68
9 /2 6 /6 8
5.50
5.50
5.52
5.53
1 ,0 0 0
1 ,0 0 1
4/4/68
4 /1 1 / 6 8
1 0 /3 / 6 8
1 0 /1 0 /6 8
5.63
5.65
1,101
4/18/68
4/ 25/68
10/17/68
10/ 24/68
5 .6 6
5 .6 6
3 /2 1 / 6 8
1 ,0 0 0
1 ,0 0 1
1,103
5 /3 1 / 6 8
8 /2 2 / 6 8
8 /2 9 / 6 8
9/5/68
Issue date
Bank discount
one-year
Maturity
date
Bid
Change from
last month
+.29
+.25
+.27
+ .2 2
8/31/67
9/30/67
10/31/67
11/30/67
12/31/67
5/31/67
6/30/67
7/31/67
8/31/67
9/30/67
9 /3 0 / 6 8
5.65%
5.45
5.50
5.56
5.50
1/ 31/68
2 /2 9 / 6 8
3 /3 1 / 6 8
10/31/67
11/30/67
12/31/67
1 0 /3 1 /6 8
1 1 /3 0 /6 8
1 2 /3 1 /6 8
4/30/68
5.65
5.61
5.57
1 /3 1 / 6 8
1/31/69
5 .6 8
+.13
+.29
2 /2 9 / 6 8
3 /3 1 / 6 8
2/28/69
3/31/69
4/30/69
5,64
5.55
+.23
+.07
1 ,0 0 2
1 ,0 0 0
1 ,0 0 1
5/31/68
6 /3 0 / 6 8
7/31/68
8/31/68
4/30/68
+ .2 0
+ .28
5 .6 8
Ban]c discount
Amount outstanding
(millions)
+.18
+.18
+ .18
Maturity
date
Issue date
Bid
Change from
last month
Tax anticipatioia bills
10/9/671
$ 3 ,0 0 6
2 ,5 2 8
6/ 24/68
1 /1 5 / 6 8 /
5.5
^.32%
Table 2. - Treasury Notes
iPrice decimals are 32nds)
Price
Amount
outstanding
(millions)
$5,587
5,937
8,984
10,738
4,277
Description
4-3/4%
4-1/4
5-1/4
5-5/8
5-5/8
_
-
Bid
5/15/68-B
8/15/68-C
11/15/68-D
2/15/69-A
5/15/69-B
100.00
99.17
99.21
99.23
99.20#
Yield
Change
from last
month
+ .02#
To
maturity
Price range since first traded 1/
Change
from last
month
Issue
date
High
Price
Low
Date
Price
Date
-.06
-.08
-.07#
4.70%
5.85
5.91
6.00
6.00
-. 62%
+ .34
+ .40
+ .34
+ .26
2/15/67
5/15/67
8/15/67
11/15/67
2/2/68
100.24
100.02
100.01
100.07
100.01
4/10/67
5/3/67
2/1/68
1/25/68
4/3/68
99.19
99.00
99.19
99.23
99.20#
12/4/67
12/6/67
12/29/67
11/20/67
4/30/68
97.25
98.13
98.00
98.03
95.25
-.07
-.17
-.11
-.19
-.13
5.92
6.00
5.98
5.98
6.01
+ .09
+ .22
+ .14
+.20
+.15
2/15/66
8/30/67
8/ 15 /66
102.09
99.30
103.09
11/15/66
2/15/67
101.16
4/7/67
9/6/67
4/7/67
4/10/67
4/10/67
97.15
98.10
97.18
98.00
95.10
11/13/67
3/14/68
3 / 14/68
3 / 14/68
3/14/68
3 / 14/68
-
7,675
2,509
4,265
1,734
2,006
5
5-3/8
5-1/4
5-3/8
4-3/4
-
-
11/15/70-A
2/15/71-C
5/15/71-A
11/15/71-B
2/15/72-A
5,310
1,652
5,149
115
61
4-3/4
5-3/4
5-3/4
1-1/2
1-1/2
-
5/15/72-B
11/15/74-A
2/15/75-A
10/1/68-E0
4/1/69-EA
95.18
99.12
99.04
98.08
96.24
-.12
-.08
-.10
-.04
-.02
6.00
5.87
5.89
5.86
5.19
+.13
+ .05
+.04
+1.01
+ .24
5/15/67
11/15/67
2/15/68
10/1/63
4/1/64
100.04
101.20
101.00
98.16
96.30
5/12/67
1/12/68
4/3/68
4/8/68
4/18/68
95.02
99.06
9 8.30
90.08
89.25
3/14/68
3/14/68
3/25/64
4/ 6/64
159
88
113
35
72
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
-
10/1/69-E0
4/1/70-EA
10/1/70-E0
4/1/71-EA
10/1/71-E0
95.02
93.08
91.26
90.00
88.14
+ .04
+ .02
5.21
5.25
5.18
5.25
5.20
+ .16
+ .11
+ .15
+ .13
+ .05
10/1/64
4/1/65
10/1/65
4/ 1/66
10/1/66
95.08
93.24
92.24
91.28
90.24
4/18/68
4/11/67
4/12/67
4/10/67
4/14/67
89.02
87.26
86.08
85.03
84.16
9/15/66
8/29/66
8/29/66
9/21/66
10/17/66
34
1-1/2
1-1/2
1-1/2
4/1/72-EA
10/1/72-E0
4/1/73-EA
87.02
85.12
83.30
5.23
+.07
+.18
4/1/67
10/1/67
4/1/68
89.26
86.00
84.14
4/7/67
4/19/67
4/12/68
85.12
84.04
83.30
12/20/67
12/22/67
4/30/68
33
2
-
-
-
Footnote at end of Table 3*
-
-.02
+ .04
- .1 6
-
5 .2 3
5 .4 2
-
104.02
Treasury Bulletin
76
market
QUOTATIONS ON TREASURY SECURITIES, APRIL 30,
Table 3. - Treasury Bonds
(Price decimals are 32nds)
$2,460
2,640
1,158
1,789
3,728
Description
Bid
3-7/8%
3-3/4
3-7/8
2-1/2
4
-
2,542
6,247
2,489
4,381
2,285
2-1/2
4
2-1/2
4
2-1/2
-
4,129
1,224
2,806
2,760
2,344
4
2-1/2
4
3-7/8
4
_
1,253
2,579
1,952
2,618
3,894
2-1/2
4
2-1/2
2-1/2
4
_
4,352
3,129
3,589
2,241
1,216
4-1/8
4-1/8
4-1/4
3-7/8
4-1/4
_
-
2,602
1,909
1,570
1,116'
4,882
4
3-1/2
3-1/4
3-1/4
3-1/2
3,817
249
1,559
1,739
4,350
4-1/4
4
4-1/8
3
3-1/2
_
-
-
-
-
-
_
_
-
_
-
Price range sincej first traded 1/
Yield
Price
Amount
out
standing
(millions)
Change
from
last
month
To first
call or
maturity
+.05
+.01
+.01
2J
Change
from
last
month
Issue
date
-.69%
+.38
+.17
+.29
+.27
High
Low
Price
Date
Price
6/23/60
4/18/62
9/15/63
12/1/42
8/15/62
102.04
101.06
99.19
108.03
102.08
5/12/61
12/26/62
4/7/67
4/6/46
12/24/62
96.08
95.17
95.09
82.08
94.30
8/29/66
8/29/66
8/29/66
1/6/60
8/29/66
Date
5/15/68
8/15/68
11/15/68
12/15/63-68
2/15/69
99.31
99.12
99.04
98.12
98.23
-.03
4.70%
5.91
5.55
5.17
5.68
6/15/64-69
10/1/69
12/15/64-69
2/15/70
3/15/65-70
96.31
97.19
95.19
97.01
95.02
+.01
-.06
-.06
-.04
-
5.31
5.79
5.37
5.77
5.30
+.15
+.23
+.25
+.15
+.11
4/15/43
10/1/57
9/15/43
1/15/65
2/1/44
107.25
110.14
107.24
99.19
107.23
4/6/46
4/21/58
4/6/46
1/22/65
4/ 6/46
81.10
93.29
81.04
93.08
80.10
1/6/60
8/29/66
1/6/60
8/29/66
1/6/60
8/15/70
3/15/66-71
8/15/71
11/15/71
2/15/72
96.11
92.25
94.24
94.01
93.29
-.01
-.04
-.05
+.01
-.07
5.73
5.24
5.77
5.76
5.81
+.08
+ .12
+.09
+.03
+ .10
6/20/63
12/1/44
3/1/62
5/15/62
11/15/62
100.14
107.22
101.27
100.28
101.20
8/2/63
4/6 /46
12/26/62
12/26/62
12/26/62
92.18
79.28
91.30
90.25
91.02
8/29/66
1/6/60
8/29/66
8/29/66
8/29/66
6/15/67-72
8/15/72
9/15/67-72
12/15/67-72
8/15/73
89.18
93.08
88.28
88.07
91.28
-.04
-.12
-.02
-.07
-.18
5.35
5.80
5.39
5.42
5.81
+.08
+.13
+.07
+.11
+. 16
6/1/45
9/15/62
10/20/41
11/15/45
9/15/63
106.16
101.20
109.18
106.16
99.06
4/6/46
12/26/62
4/6/46
4/6/46
11/12/64
79.12
90.24
78.24
79.06
89.24
1/6/60
8/29/66
1/6/60
1/6/60
8/29/66
11/15/73
2/15/74
5/15/74
11/15/74
5/15/75-85
91.31
91.26
91.30
5.84
5.81
5.85
5.73
5.61
+.15
+.15
+.16
+.13
-.09
7/22/64
1/15/65
5/15/64
12/2/57
4/5/60
100.01
99.18
101.07
110.24
105.28
11/12/64
1/22/65
11/12/64
4/22/58
5/5/67
90.09
90.08
91.04
88.06
82.20
8/29/66
8/29/66
11/13/67
8/29/66
3/ 14/68
85.20
81.22
76.28
76.22
76.28
-.19
-.20
-.22
-.18
+ .32
+1.02
+1.10
+.14
+ .16
+.24
5.69
5.55
5.53
5.35
5.30
-.13
-.15
-.04
-.05
-.07
1/23/59
10/3/60
5/1/53
6/3/58
2/14/58
103.18
97.24
111.28
101.04
106.26
5/12/61
5/12/61
8/4/54
6/11/58
4/21/58
83.02
78 10
74.30
74.16
74.08
3/14/68
ll/l3/67
3/14/68
3/14/68
3/14/68
83.14
80.26
81.14
76.24
76.28
+1.16
-1.14
+1.18
+ .24
+.24
5.49
5.42
5.47
4.50
4.98
-.13
-.12
-.13
-.06
-.06
8/15/62
1/17/63
4/18/63
2/15/55
10/3/60
104.10
12/26/62
1/16/63
8/28/63
6/18/55
5/12/61
79.18
77.30
77.30
73.28
74.02
11/13/67
3/14/68
3/14/68
11/13/67
11/13/67
2/15/80
11/15/8C*
6/15/78-83'
5/15/85
2/15/90
90.00
85.08
3/
3/
2/
3/
y
8/15/87-92 3/
2/15/88-93 y
5/15/89-94 2/
2/15/95 2/
11/15/98 y
-
•
100.11
100.26
101.12
95.14
"
1/
Beginning April 1953, prices are closing bid quotations in the overthe-counter market. Prices for prior dates are the mean of closing
bid and ask quotations. "When issued" prices are included in the
history beginning October 1941. Dates of highs and lows in case of
recurrence are the latest dates.
2/ -On callable issues market convention treats the yield to earliest
call date as more significant when an issue is selling above par,
and to maturity when it is selling at par or below.
2] Included in the average yield of long-term taxable Treasury bonds
as shown under "Average Yields of Long-Term Bonds."
YIELDS OF TREASURY SECURITIES, APR. 30, 1968
B a sed
’7 0
P E R C E N T 1 --------- 1--------- T
’7 2
’7 4
’7 6
’7 8
on
C lo s in g
’8 0
B id
’8 2
VO
O S
Q u o ta tio n s
’8 4
’8 6
’8 8
’9 0
’9 2
C o
’9 4
’9 6
'9 8
1----------1--------- 1----------i----------T P E R C E N T
>
6 .4 0
6 .4 0
w
w
M
JO
C
O
6 .0 0
6 .0 0
>
t—I
o
z
Xfi
5 .6 0
5 .6 0
o
2
W
H
>
XH
C3
Legend:
5 .2 0
, »
*
%
*
Represented by the curve:
x Fixed maturity issues 1/
• Callable issues &
Disregarded in drawing the curve:
*I
5 year exchange notes 2/
A Other deep discount issues &
* * *
5 .2 0
xn
M
o
a
50
if Treasury bills included are limited to maturities closest to 3 months, 6 months,
and 9 months and to the longest maturity
& Yields are plotted to earliest call date when prices are above par and to
maturity date whenprices are at par or below.
4 .8 0
W
4 .8 0
n
c
>
H Marketable notes issued in exchange for nonmarketable 2 % % Investment
Series B bonds.
& Issues with coupon rates less than 3'/2%.
W
4 .4 0
4 .4 0
CO
o
co
oo
I
1968
’7 0
’7 2
’7 4
I
I
’7 6
’7 8
I
I
'8 0
I
J____L
J .
’8 2
'8 4
’8 6
J____L
±
’8 8
’9 0
-L
’9 2
’9 4
’9 6
'9 8
Note: The smooth curve is fitted by eye. Market yields on coupon issues due in less than 3 months are excluded.
Office of the Secretary of the Treasury
<1
Treasury Bulletin
78
AVERAGE YIELDS OF LONG -TERM BONDS.
Table 1. - Average Y ields o f T reasury and Corporate Bonds by Periods
(Percent per annum)
M o o d y 1s Aaa
corporate
bonds
Treasury
bonds 1/
Period
Moody's Aa
corporate
bonds
Treasury
bonds 1/
Period
Moody's Aaa
corporate
bonds
Treasury
bonds 1/
Period
Annual series - calendar year averages of monthly series
19441945
1946
1947
1948
1949
1950
1951
2.72
2.62
2.53
2 .4 8
2.37
2.19
2.25
2.44
2.31
1952.
1953.
1954.
1955.
1956.
1957.
1958.
1959.
2 .6 1
2.82
2 .6 6
2 .3 2
2.62
2.57
2 .8 6
2.96
3.20
2.90
3.06
3.36
3.89
3.79
4.38
2 .6 8
2.94
2.55
2.84
3.08
3.47
3.43
4.08
I960..
1961.,
1962,.
1963..
4.02
3.90
3.95
4.00
4.15
4.21
4.65
4.85
1967..
4.41
4.35
4.33
4.26
4.40
4.49
5.13
5.51
Monthly series - averages of daily series
Moody's
Aaa
corporate
bonds
Treasury
bonds 1/
Period
1957
J anuary..............
February.............
Ma rch.................
April.................
M a y ...................
J u n e..................
July..................
August................
September............
October...............
November.............
December.............
3.34
3.22
3.26
3.32
3.40
3.58
y
3.60
.3.63
3.66 2/ y
3.73
3.57 2/
3.30 2/
Moody's
Aaa
corporate
bonds
Moody's
Treasury
Aaa
corporate bonds 1/
bonds
Treasury
bonds 1/
Treasury
bonds 1/
3.77
3.67
3.66
3.67
3.74
3.91
1959
3.91 2/
3.92
3.92
4-01
4.08
4.09
4.12
4.14
4.13
4.23
4.37
4.46
3.89
3.81
3.78
3.80
3.73
3.88
4.32
4.27
4.22
4.25
4.27
4.33
3.89
3.92
3.93
3.97
3.97
4.00
3.90
4.10
4.12
4.10
4.08
3.81
4.11
4.10
4.26
4.11
4.12
4.27
4.47
4.43
4.52
4.57
4.56
4.58
3.90
4.00
4.02
3.98
3.98
4.06
4.41
4.45
4.45
4.42
4.39
4.42
4.01
3.99
4.04
4.07
4.11
4.14
1958
y
1261
Moody's
Aaa
corporate
bonds
IV 6 3
2/
1962
Moody's
Aaa
corporate
bonds
Treasury
bonds 1/
1965
4.21
4.19
4.19
4.21
4.22
4.23
4.14
4.26
4.29
4.31
4.32
4.33
4.35
4.15
4.19
4.25
4.28
4.34
4.43
4.16
4.15
4.15
4.i4
4.14
y
1967
4.40
4.47
4.45
4.51
4.76
4.86
5.20
5.03
5.13
5.11
5.24
5.44
4.48
4.49
4.52
4.56
4.60
4.68
4.86
4.95
4.99
5.19
5.44
5.36
5.58
5.62
5.65
5.82
6.07
6.19
5.18
5.16
5.39
6.17
6.10
6.11
5 .2 8
6 .2 1
3.24 2/
3.28
3.25
3.12
3.14
3.20 2/
3.60
3.59
3.63
3.60
3.57
3.57
I960
4.37
4.22
4.08
4.18 2/
4.16
3.98
4.61
4.56
4.49
4.45
4.46
4.45
4.08
4.09
4.01
3.89
3.88
3.90
4.42
4.42
4.39
4.33
4.28
4.28
4.15
4.14
4.18
4.20
4.16
4.13
4.37
4.36
4.38
4.40
4.41
4.41
4-43
4.61
4.63
4.55
4.57
4.63
4.74
4.78
4.92
4.96
4.98
5.07
July..................
August...............
September............
October..............
November.............
December.............
3.36
3.60
3.75
3.76
3.70
3.80
3.67
3.85
4.09
4.11
4.09
4.08
3.86
3.79
3.84 2/
3.91
3.93
3.88
4.41
4.28
4.25
4.30
4.31
4.35
4.02 2/
3.98
3.94
3.89
3.87
3.87
4.34
4.35
4.32
4.28
4.25
4.24
4.13
4.14
4.16
4.16
4.12 2/
4.14
4.40
4.41
4.42
4.42
4.43
4.44
4.75
4.80
4,.79
4.>70
4.. 74
4.65
5.16
5.31
5.49
5.41
5.35
5.39
T r e a su r y
b onds 1 /
P e r io d
. .... ... _ . _
Moody’ s Aaa
c o r p o r a te
bonds
1966
1264
Aaa
corporate
bonds
4.43
4.41
4.42
4.43
4.44
4.46
January..............
February.............
M a r c h.................
April.................
M a y ...................
Jun e..................
....
Moody's
Treasury
bonds 1/
1968
.
Moody' s Aaa
c o r p o r a te
bonds
T re a su ry
bonds l /
P e r io d
T r e a su r y
bonds 1 /
P e r io d
Moody’ s Aaa
c o r p o r a te
bonds
W eekly s e r i e s - a v e r a g e o f d a i l y s e r i e s f o r w eek s e n d in g 1967-N ovem ber
3 ..
1 0 ..
1 7 ..
2 4 ..
5 .3 5
5 .4 4
5 .4 9
5 .4 5
5 .9 4
6 .0 2
6 .1 0
6 .0 8
December
1 ..
8 ..
1 5 ..
2 2 ..
2 9 ..
5 .3 9
5 .3 8
5 .3 8
5 .3 4
5 .3 4
6 .1 3
6 .1 4
6 .1 6
6 .2 2
6 .2 4
1 ..
2 ..
3 ..
4 ..
5 ..
5 .3 2
5 .3 0
5 .2 1
5 .2 3
5 .2 2
6 .2 1
6 .2 0
6 .2 0
6 .2 0
6 .2 0
8 ..
9 ..
5 .2 2
6 .1 9
1 9 6 8 -J a n u a r y
F eb ru a ry
5 ..
1 2 ..
1 9 ..
2 6 ..
5 .2 3
5 .1 2
5 .1 8
5 .2 0
6 .2 4
6 .2 0
6 .1 4
6 .1 2
2 ..
9 ..
1 6 ..
2 3 ..
5 .1 5
5 .1 7
5 .1 3
5 .1 4
6 .1 2
6 .1 1
6 .1 0
6 .0 9
1 9 6 8 -March
1 ..
8 ..
1 5 ..
2 2 ..
2 9 ..
5 .1 9
5 .2 7
5 .4 9
5 .4 1
5 .4 2
6 .0 9
6 .0 7
6 .0 8
6 .1 3
6 .1 7
A p r il
5 ..
1 2 ..
1 9 ..
2 6 ..
5 .2 6
5 .2 1
5 .2 8
5 .3 3
6 .2 0
6 .1 9
6 .2 0
6 .2 2
1 9 6 8 - A p r il
2 2 ..
2 3 ..
2 4 ..
2 5 ..
2 6 ..
5 .3 7
5 .3 3
5 .3 2
5 .3 2
5 .3 1
6 .2 0
6 .2 0
6 .2 3
6 .2 4
6 .2 5
2 9 ..
3 0 ..
5 .3 2
5 .3 3
6 .2 5
6 .2 5
D a ily s e r i e s u n w eig h te d a v e r a g e s
1 9 6 8 - A p r il
kf
k/
' 1 9 6 8 - A p r il
1 0 ..
1 1 ..
1 2 ..
5 .2 0
5 .2 1
kl
U
1 5 ..
1 6 ..
1 7 ..
1 8 ..
1 9 ..
5 .2 5
5 .2 5
5 .2 6
5 .2 7
5 .3 6
6 .2 1
6 .1 9
6 .1 9
6 .1 9
6 .2 0
S o u r c e : B e g in n in g A p r il 1 9 5 3 , T r e a su r y bond y i e l d s a r e r e p o r te d t o th e
T r e a su r y b y th e F e d e r a l R e s e r v e Bank o f New Y ork , b a se d on c l o s i n g
b id q u o t a t i o n s i n t h e o v e r - t h e - c o u n t e r m a rk et. Y ie l d s f o r p r io r
p e r i o d s w ere com puted on t h e b a s i s o f mean o f c l o s i n g b id and a s k
q u o ta tio n s.
M oody's I n v e s t o r S e r v i c e i s t h e s o u r c e f o r t h e a v e r a g e
o f Aaa c o r p o r a te b o n d s.
1 / S e r i e s in c l u d e s bonds on w h ich t h e i n t e r e s t incom e i s s u b j e c t t o
6 .1 9
6 .2 0
2/
2/
lj
norm al t a x and s u r t a x w h ich a r e n e i t h e r due n or c a l l a b l e b e f o r e a
g iv e n number o f y e a r s a s f o l l o w s :
A p r il 1953 t o d a t e , 10 y e a r s ;
A p r il 1952 - March 1 9 5 3 , 12 y e a r s ; O c to b e r 1941 - March 1 9 5 2 , 15 y e a r s .
F o r bonds c u r r e n t l y in t h e s e r i e s , s e e T a b le 3 u n d er ’’M arket Q u o ta tio n s
on T re a su ry S e c u r i t i e s " i n t h i s i s s u e o f t h e B u l l e t i n .
One o r more new lo n g -te r m bonds added t o t h e a v e r a g e ( s e e f o o t n o t e l ) .
An e x i s t i n g bond dropped from t h e a v e r a g e ( s e e f o o t n o t e l ) .
M arket c l o s e d .
AVERAGE YIELDS OF LONG-TERM TREASURY AND CORPORATE BONDS
M o n th ly S e r i e s
1958
1959
I960
1961
1962
1963
1964
1965
1966
1967
VO
O S
1968
o o
>
<
H
W
>
O
r
d
TO
o
r
o
2
o
w
»
S
w
o
z
d
U1
Office of the Secretary of the Treasury
F-676-B
<1
CO
Treasury Bulletin
80
INTERNATIONAL FINANCIAL STATISTICS
The tables in this section are designed to provide data
on United States reserve assets and liabilities and other
dollars" of the Fund be excluded from the data on liabilities
to foreigners, in order to avoid double counting.
For further
statistics related to the United States balance of payments and
explanation of this change in the liabilities statistics, see
international financial position.
headnote to "Capital Movements" section.
A number of changes were
introduced in the May 1967 Bulletin to increase the usefulness
of this section.
Table 3 (formerly Table 5), presenting an area breakdown
of United States liquid liabilities to official institutions
Table 1 has been revised to include in the reserve assets
of foreign countries, has been revised to include holdings of
of the United States its reserve position in the International
convertible nonmarketable United States Government securities
Monetary Fund.
with an original maturity of more than one year.
In accordance with Fund policies the United
States has the right to draw foreign currencies equivalent to
this amount virtually automatically if needed.
(Under appro
priate conditions the United States could draw additional
Table 4 (formerly Table 2) is virtually unchanged and
shows United States Treasury nonmarketable bonds and notes
issued to official institutions of foreign countries.
amounts equal to the United States quota of $5,160 million.)
Table 5 sets forth the factors which affect the United
This revised presentation corresponds to the treatment of
United States monetary reserves in the United States balance of
States position in the International Monetary Fund.
payments accounts.
Table 6 (formerly Table 3) presents United States net
Table 2 brings together the various statistical components
monetary gold transactions with foreign countries and inter
of the liabilities which enter into the United States balance
national and regional organizations.
of payments calculated on the liquidity basis.
The former Table 4,
The inclusion
which presented the estimated gold reserves and dollar holdings
of the United States reserve position in the International
of foreign countries and international institutions, was
Monetary Fund in Table 1 r e q uires that the "holdings of
discontinued in the May 1967 Bulletin.
Table 1. - U.S. Reserve Assets: Gold Stock, Holdings of Convertible Foreign Currencies,
and Reserve Position in the International Monetary Fund
(In millions of dollars)
Gold s'Lock 1/
End of
calendar year
or month
Total
reserve
assets
Total
Treasury
2/
Convertible
foreign
currencies
3/
Reserve
position in
International
Monetary Fund
V
1957................................
1958................................
1959................................
I960................................
1961................................
1962................................
1963................................
1 964................................
1965................................
1966................................
196 7 .................................
24,832
22, 54-0
21,504
19,359
18,753
17,220
16,843
16,672
15,450
14,882
14,830
13,235
12,065
22,781
20,534
19,456
17,767
16,889
15,978
15,513
15,388
13,733 V
13,159
11,982
1967-April..........................
M a y ............................
J u n e ...........................
13,906
13,943
14,274
13,234
13,214
13,169
13,109
13,109
13,110
315
363
738
357
366
367
August.........................
September.....................
October ........................... .............................
November......................
December......................
14,224
14,605
14,649
14,927
15,438
14,830
13,136
13,075
13,077
13,039
12,965
12,065
13,108
13,008
13,006
12,905
12,908
11,982
719
1,162
1,200
1,509
2,092
2,345
369
368
372
379
381
420
1968-January........................
F ebruary.......................
M a r c h..........................
A pril...............«..........
14,620
14,790
13,926
13,840
12,003
11,900
10,703
10,547
11,984
11,882
10,484
10,484
2,176
2,235
2,746
2,804
441
655
477
489
1/
2/
2/
22,857
20,582
19,507
17,804
16,947
16,057
15,596
15,471
13,806 y
Includes gold sold to the United States by the International Monetary
Fund with the right of repurchase, and gold deposited by the Interna
tional Monetary Fund to mitigate the impact on the U.S. gold stock of
foreign purchases for the purpose of making gold subscriptions to the
Fund under quota increases. For corresponding liabilities see Table 2,
Includes gold in Exchange Stabilization Fund, which is not included in
Treasury gold figures shown in daily Treasury statement. See "Account
of the Treasurer of the United States," Table 4.
Includes holdings of Treasury and Federal Reserve System.
U
jj/
_
-
116
99
212
432
781
1,321
2,345
1,975
1,958
1,997
1,555
1,690
1,064
1,035
769
863 y
326
420
In accordance with Fund policies the United States has the right to
draw foreign currencies equivalent to its reserve position in the
Fund virtually automatically if needed. Under appropriate conditions
the United States could draw additional amounts equal to the United
States quota. See Table 5.
Reserve position includes, and gold stock excludes, $259 million gold
subscription to the Fund in June 1965 for a U.S. quota increase which
became effective on February 23, 1966. In figures published by the
Fund from June 1965 through January 1966, this gold subscription was
included in the U.S. gold stock and excluded from the reserve position
May 1968
81
INTERNATIONAL FINANCIAL STATISTICS
T able 2. - U.S. Liquid Liabilities to Foreigners
(in millions of dollars)
End of
calendar year
or month
Total
liquid
liabil
ities
to all
for
eigners
Liabilities to International
Monetary Fund arising from
gold transactions
Total
Gold
deposit
1/
Gold
invest
ment
Liabilities to foreign countries
Official institutions j/
Total
2/
Short
term
liabil
ities
reported
Market
able
U.S.
G o v 't .
bonds
and
notes
by
banks in
U.S.
195 7
195 8
195 9
200
15,825 7/
200
16,845 7/
19,428
500
P-0,9
800
,994
[2.1, C027
800
800
,853
800
,936
p4,068 '
800
\24,068
800
f26,36l
800
[26,32.2
800
800
[28,951
800
[29,002
29,115
834
1 ,0 1 1
/29,904
1 ,0 1 1
|29,779
1967 8 / ..........
f33,296
\33,138r
1967-February...,
M a r c h .......
April.
M a y ........ .
June....
1960 8 / ......................
1961 8 / ......................
1962 8 / ..........
1963 8 / ..........
1 96 4 8 / ......................
196 5
1966 8 / ..........
July.......
August....
September...
October....
November...
December 8/
1968-January.. ..
February p.-
V
7,917
8,665
9,154
211
211
800
800
800
800
800
800
800
800
800
800
800
800
800
n.a.
n.a.
10,120
11,078
11,088
11,830
11,830
12,748
12,714
14,387
14,353
15,428
15,424
15,372
13,600
13,655
1.033
1.033
233
233
800
800
15,696
15,688r
28,915
28,990
29,379
29,612
29,632
1,013
1,028
213
228
1 ,0 3 0
1,030
230
230
1.033
233
800
800
800
800
800
30,089
30,835
31,218
32,430
33,815
/33,296
\33,138r
1.033
1.033
1.033
1.033
1.033
1.033
1.033
233
233
233
233
233
233
233
800
800
800
800
800
800
800
1 4 ,1 6 1
14,074.
14.381
14,910
15,960
15,696
15 ,;688r
12,87012,714
12,971
13,398
14,341
14,077
14,069r
33,077
33,295
1.033
1.033
233
233
800
800
15,249
15,363
1 3 ,8 2 1
1 4 ,0 0 0
2 00
2 00
500
34
1 3 ,3 5 ^
13,558:
14,102
14.380
14,099
Non
market
able
convert
ible U.S.
Treasury
bonds
and
notes
966
1 0 ,2 1 2
1 0 ,2 1 2
866
876
10.940
10.940
11,997
751
751
1,217
1,183
1.125
1.125
1,105
860
860
1 1 ,9 6 3
12.467
12.467
13,224
1 3 ,2 2 0
1 3 ,0 6 6
12,484
12,539
541
543
550
516
516
448
448
351
341
376
376
472
6/
1,525
1,541
1.948
1.949
542
552
530
750
750
703
704
2 ,1 6 1
1 ,2 5 0
2,195
,960
1.9
,965
1 .9
,722
,722
,431
906
905
1,284
808
808
818
818
679
581
580
1 ,1 9 0
V
660
775
791
1.245
1.245
911
911
1 ,1 5 2
1,157
904
904
752
325
325
528
528
711
711
1 5 ,8 8 0
15,322
15,l8lr
558
558
687
678r
483
474r
204
204
±j,694
13,164
13,005
637
629
607
562
2 32
348
374
855
869
862.
841
792
247
917
917
530
530
529
529
538
608
901
328
328
328
917
911
911
911
374
449
499
601
711
711
711
14,059
14,943
13,518
14,395
836
1 5 ,0 6 8
1 4 ,5 1 6
541
548
552
15,766
16,070
15,880
1 5 ,739r
15,205
15,523
15,322
15,181r
561
547
558
558
785
736
721
752
687
678r
609
578
528
514
548
483
474r
227
207
208
207
204
204
204
711
711
16,112
16,284
15,542
15,691
570
593
683
615
479
410
205
908
9 08
9 08
717
652
n.a.
V
1 3 ,6 8 0
865
8/
8.863
8.863
by
banks in
u .s .
Market
able
U.S.
G o v 't .
bonds
and
notes
1 4 ,2 0 8
&o5
7/
5,724
5,950
7,077
7.048
7.048
7,759
7,841
7.911
7.911
Total
Short
term
liabil
ities
reported
11,478
14,387
1 2 ,1 6 0
6/
n.a.
7,618
7,591
7,598
8,275
8,357
8.359
8.359
9,214
9,204
Market
able
U.S.
G o v 't .
bonds
and
notes
1 ,2 0 1
256
256
12,365
12,873
13,11512,808
2/
lj
703
703
1.079
1.079
Total
Short
term
liabil
ities
reported
by
banks in
U.S.
Liabilities to nonmonetary
international and regional
organizations 5/
10,625
10,680
11,006
13,859
14,077
14,069r
Note: Table is based on Treasury Department data and on data reported to
the Treasury Department by banks and brokers in the United States.
Data correspond to statistics following in this section and in the
"Capital Movements" section, except for minor rounding differences.
Table excludes International Monetary Fund "holdings of dollars," and
holdings of U.S. Treasury letters of credit and nonnegotiable, noninterest-bearing special U.S. notes held by other international and
regional organizations. The liabilities figures are used by the
Department of Commerce in the statistics measuring the balance of
international payments of the United States on the liquidity basis;
however, the balance-of-payments statistics include certain adjustments
to Treasury data prior to 1963 and some rounding differences, and may
differ because of varying timing in incorporating revisions of Treas
ury data. The table does not include certain nonliquid liabilities to
foreign official institutions which enter into the calculation of the
official reserve transactions balance by the Department of Commerce.
1/ Represents liability on gold deposited by the International Monetary
Fund to mitigate the impact on the U.S. gold stock of foreign purchases
for the purpose of making gold subscriptions to the Fund under quota
increases.
2/ U.S. Government obligations at cost value and funds awaiting invest
ment obtained from proceeds of sales of gold by the International
Monetary Fund to the United States to acquire income-earning assets.
Banks and other foreigners
1 1 ,0 0 1
1 1 ,0 5 6
1 5 ,739r
13,535
13,385
13,361
13,708
1 2 ,8 5 6
1 2 ,8 3 2
13,170
233
234
2 30
204
Upon termination of investment, the same quantity of gold can be
reacquired by the International Monetary Fund.
Includes Bank for International Settlements and European Fund.
Derived by applying reported transactions to benchmark data; breakdown
of transactions by type of holder estimated 1960-1963. Includes
securities issued by corporations and other agencies of the United
States Government, which are guaranteed by the United States.
Principally the International Bank for Reconstruction and Development
and the Inter-American Development Bank.
Includes difference between cost value and face value of securities in
IMF gold investment account. Liabilities data reported to the Treasury
include the face value of these securities, but in this table the cost
value of the securities is included under "Gold investment." The
difference, which amounted to $32 million as of the end of 1966, is
included in this column.
Includes total foreign holdings of U.S. Government bonds and notes, for
which breakdown by type of holder is not available.
Data on the two lines shown for this date differ because of changes in
reporting coverage. Figures on the first line are comparable in cover
age to those shown for the preceding date; figures on the second line
are comparable to those shown for the following date.
Not available.
p
Preliminary.
r
Revised.
82
Treasury Bulletin
.IN TERN ATIO N AL FINANCIAL STA TISTIC S.
T ab le 3. - U.S. L iquid L ia b ilitie s to O ffic ia l In stitu tion s o f F oreign C ou n tries, by Area 1/
(In millions of dollars)
End of
calendar year
or month
Total
foreign
countries
Western
Europe
Latin
American
Republics
Canada
2/
Asia
Other
countries
Africa
y
14,353
15,424
15,372
8,445
9,220
8,608
1,789
1,608
1,528
1,058
1,238
1,497
2,731
3 ,C20
3,300
154
160
194
176
178
245
7,4 88
7,488
9,872
1.189
1.189
996
1,134
1,134
l,137r
3,284
3,339
3,179
277
277
228
228
196 7
13,600
13,655
15,688r
1967-February..
M a r c h ....
A p ril....
M a y .......
June......
13,353
13,558
14,102
14,380
14,099
7,285
7,490
7,829
8,014.
8,213
1,134
1,127
1,167
1,246
1,455
1,508
1,290
3,270.
3,208
3,148
3,183
3,157
255
259
284
284
270
1,317
1,189
1,186
1,222
1,270
l,137r
3,160
3,122
3,172
3,170
3,053
3, r 79
246
232
253
224
228
224
241
247
257
255
246
258
1,217
1,175
3,090
3,118
226
269
2$2
220
196 3
196 4
196 5
19 6 6
Lji..................
14,161
14,074
14,381
14,910
15,960
15,688r
J u l y .............
August — .
September.
O ctober...
November..
December..
February p
1,154
909
8,297
8,357
8,649
9,065
10,257
9,872
996
9,373
9,178
1,091
1,403
15,249
15,363
1 9 6 8 -J a n u a r y . . .
1 ,1 5 6
909
912
903
968
9 01
1/ Data represent short-term liabilities to the official institutions of
2/
1/
foreign countries, as reported by banks in the United States, and foreign
official holdings of marketable and convertible nonmarketable U. S.
Government securities with an original maturity of more than one year.
Includes Bank for International Settlements and European Fund.
Includes countries in Oceania and Eastern Europe, and Western European
246
242
228
230
237
260
dependencies in Latin America.
Data on the two lines shown for this date differ because of changes
in reporting coverage. Figures on the first line are comparable
in coverage to those shown for the preceding date; figures on the
second line are comparable to those shown for the following date,
Preliminary.
r
Revised.
y
p
T a b le 4. - N onm arketable U.S. T rea su ry Bonds and N otes
Issu ed to O ffic ia l In stitu tio n s o f Foreign Countries
(In millions of dollars or dollar equivalent)
Payable in dollars
End of
calendar year
or month
Payable in foreign currencies
Total
Total
Canada
1/
Italy
a/
Sweden
Total
Austria
Belgium
Germany
1 962....................
1963....................
196 4....................
19 6 5 ....................
1966....................
196 7....................
251
893
1,440
1,692
695
1,563
_
_
_
-
_
_
125
329
299
144
314
13
160
184
177
25
25
25
25
25
251
730
1,086
1,208
342
1,047
_
163
354
484
353
516
50
50
101
25
50
30
30
30
30
60
275
679
602
50
601
1967-April............
M a y ...............
June.............
766
784
809
352
349
349
144
144
144
183
180
180
25
25
25
414
434
460
25
25
25
30
J uly.............
August...........
September........
October..........
N ovember.........
December.........
934
1,007
1,257
1,483
1,563
1,563
349
347
546
546
516
516
144
144
344
344
314
314
180
178
178
178
177
177
25
25
25
25
25
25
585
660
710
937
1,047
1,047
25
50
50
50
50
50
1,484
1,479
1,879
2,002
312
307
606
604
114
114
414
414
173
168
167
165
25
25
25
25
1,172
1,172
1,272
1,398
50
50
50
50
1968-January..........
February.........
M a r c h ............
A p ril............ .
-
Note: For further information, see "Public Debt Operations,” Tables 9
and 10.
1/ Includes bonds issued to the Government of Canada in connection with
transactions under the Columbia River treaty. Amounts outstanding
were $204 million, September 1964 through October 1965; $174 million,
2j
Italy
200
200
Switzer
land
125
125
125
51
175
257
'257
111
211
101
151
151
125
125
125
133
133
159
60
60
276
326
376
551
601
601
125
125
125
125
125
125
159
159
159
211
211
211
60
60
60
60
726
726
726
852
125
125
125
125
211
211
311
311
-
-
-
Bank for
Inter
national
Settle
ments
_
-
70
93
_
No-vember 1965 through October 1966; $144 million, November 1966 through
October 1967; and $114 million, November 1967 through latest date.
Bonds issued to the Government of Italy in connection with military
purchases in the United States.
May 1968
83
INTERNATIONAL FINANCIAL ST A T IST IC S.
Table 5. - U.S. Position in the International Monetary Fund
(in millions of dollars)
Transactions affecting IMF holdings of dollars
during period
Transactions by
other countries
with IMF
U.S. transactions with IMF
Calendar year
or month
194-6-57........
195 8
195 9
Payments
of
subscrip
tions in
dollars
2,063
u
Drawings
of
foreign
curren
cies 2/
594 U
1,031
196 0
196 1
1 9 6 2 ........................
196 3
196 4
196 5
Net
gold
sales
by IMF
Drawings
of
dollars
dollars
-45
- 2,664
-2
2
11
-2 5 2
-139
-149
-822
-1 1 0
-194
-282
-282
-159
-114
16
525
435
776
196 6
IMF net
income
16
17
150
18
12
15
1967 ...........
IMF holdings
of dollars at
end of period
20
1967-Apri l
M a y ......
Repay
ments
in
dollars
827
271
442
580
521
719
207
5
1
Total
change
775
17
1,336
442
-135
775
792
2,128
2,570
2,435
626
3 ,0 6 1
29
266
165
1,313
-94
-13
-3
J u n e..........
-3
-2
1
July....
A ugust...
September
O ctober..
November.
December.
-1 0
-4
-7
-4
-39
-39
1968-January..
February.
March
April.
-216
-23
-14
-1
-3
-24
200
Note: The initial U.S. quota in the International Monetary Fund was $2,750
million. The U.S. quota was increased to $4,125 million in 1959, and to
$5,160 million in February 1966. Under the Articles of Agreement,
subscription payments equal to the quota have been made 25 percent in
gold and 75 percent in dollars.
1/ Represents net Fund sales of gold to acquire U.S. dollars for use in
Fund operations. Does not include transactions in gold relating to
gold deposit or gold investment (see Table 2).
2/ Represents purchases from the Fund of currencies of other members for
equivalent amounts of dollars. The United States has a commitment to
repay drawings within 3-5 years, but only to the extent that the Fund's
holdings of dollars exceed 75 percent of the U.S. quota. Drawings of
dollars by other countries reduce the U.S. commitment to repay by an
equivalent amount.
2/
lj
y
Amount
-2
-2 1
-214
178
-12
Percent
of
U. S.
quota
28
29
52
62
U. S.
reserve
position
in IMF
at end of
period
3/
1,975
1,958
1,997
1,555
1 ,6 9 0
3,090
3,356
3,521
4,834
4,740
59
74
75
81
85
94
92
4,803
4,794
4,793
93
93
93
357
4.791
4.792
4,788
4,781
4,779
4,740
93
93
93
93
93
92
372
379
4,719
4,505
4,683
4,671
91
87
91
91
441
655
477
489
1,064
1,035
769
863 5/
3 26
420
3 66
367
369
3 68
3 81
420
Represents the United States gold tranche position in the Fund (the
United States quota minus the Fund's holdings of dollars), which is
the amount that the United States could draw in foreign currencies
virtually automatically if needed. Under appropriate conditions, the
United States could draw additional amounts equal to the United States
quota.
Represents $600 million IMF gold sale to United States (1957), less
$6 million gold purchase by IMF from another member with U.S. dollars
(1948).
Includes $259 million gold subscription to the Fund in June 1965 for
a U.S. quota increase which became effective on February 23, 1966.
In figures published by the Fund from June 1965 through January 1966,
this gold subscription was included in the U.S. gold stock and
excluded from the reserve position.
Treasury Bulletin
84
INTERNATIONAL FINANCIAL STATISTICS
Table 6. - U.S. Net Monetary Gold Transactions
with Foreign Countries and International and Regional Organizations
( i n m i l l i o n s o f d o l l a r s a t $35 per f i n e troy ounce; negative figures represent net sales by the United States; positive figures, n e t acquisitions)
C a len d a r y e a r
A rea and c o u n tr y
1966
Oct . D ec.
J a n .M ar.
Oct . D ec.
-3 0
21
-3 4
-1
20
-7 7
-1
-1
-8 5
-5
-7 7 1
-2
-1 5
-4 4
-5 8
-863
_
50
.
100
*
*
*
_
15
_
-2
*
*
*
*-
_
10
_
_
_
-4
-6
1966
-1 3 0
2
329
-1
-5 5
-4 0
-4 0 5
-2 2 5
200
-6 0
-3 2
-8 1
1
618
-9
-1 0 0
-8 3
-8 8 4
-8 0
-3 5
-1 8 0
-5 0
-3 7
150
-
-2 5
-1 3
-6 0 1
-1
-6 0
-2
-1 2
80
-2 3
19
-8 5
-3 0
*
-8 7 9
-5
-1
-6 0
-1 0
-2 0
-1
-1 7
3
-1
-3 9 9
-8 8
- 1 ,2 9 9
-6 5 9
-9 8 0
-9 2
_
_
200
1 50
1964
Apr
J u ne
J u ly S e p t.
196 5
1963
1967
1 967
W estern E urope:
-8 2
-5 1 8
-
G r e e c e .............................................................................................
S p a in ................................................................................................
S w i t z e r l a n d .................................................................................
U n ite d Kingdom ..........................................................................
Bank f o r I n t e r n a t i o n a l S e t t l e m e n t s .........................
C anada..................................................................................................
_
_
L a tin A m erican R e p u b lic s :
B r a z i l .......... ..................................................................................
C o lo m b ia .........................................................................................
M e x ic o ..............................................................................................
P e r u ..................................................................................................
V e n e z u e la ......................................................................................
O th e r ................................................................................................
-3 0
72
-4
-1 1
4
54
10
-9
25
29
-2 5
-1 3
-3 9
-3
7
10
-1 6
-1
-1
*
-1 0
35
-
-1 1
*
*
10
-
-1 4
-2
*
*
*
-1 0
10
_
-2
T o t a l L a t in A m erican R e p u b li c s ...................................
32
56
17
-4 1
9
-3
-3
12
6
-6
A s ia :
J a p a n ...............................................................................................
O th e r ................................................................................................
-
-
-
-
-
3
-2 4
-5 6
-3 0
-
12
-4 4
10
-2 0
-1
-1
_
-2 2
T o ta l A s i a ............... ....................................................................
12
3
-2 4
-8 6
-4 4
10
-2 0
-1
-1
-2 2
A f r ic a :
T o t a l A f r i c a ...............................................................................
-3 6
-1 0
-8
-1 9
-1 5 7
*•
-1
-6
-1
-1 5 0
O th er c o u n t r i e s :
T o ta l o t h e r c o u n t r i e s .........................................................
-
3
-8
-3
-9
-
3
*
-
-12
T o ta l f o r e i g n c o u n t r i e s .........................................................
-3 9 2
-3 6
- 1 ,3 2 2
-6 0 8
- 1 ,0 3 1
-86
-36
12
-5 3
-9 5 3
I n t e r n a t io n a l and r e g i o n a l o r g a n i z a t i o n s ...............
-
-
Grand t o t a l ......................................................................................
-3 9 2
-3 6
1/
R e f l e c t s t h e U n ite d S t a t e s paym ent o f t h e $259 m i l l i o n in c r e a s e i n
i t s g o ld s u b s c r i p t i o n t o t h e I n t e r n a t i o n a l M on etary Fund l e s s g o ld
d e p o s i t e d b y t h e I n t e r n a t i o n a l M on etary Fund.
-2 2 5 1 /
177 2 /
- 1 , 547
-4 3 1
2/
*
-
22 2 /
- 1 ,0 0 9
16 2 /
-8 6
-2 0
5 2/
17
_
* 2/
-5 3
R e p r e s e n ts g o ld d e p o s i t e d by t h e I n t e r n a t i o n a l M on etary Fund;
s e e T a b le 2 , f o o t n o t e 1 .
L e s s th a n $ 5 0 0 ,0 0 0 .
_
_
-9 5 3
May 1968
85
CAPITAL MOVEMENTS.
Background
Data relating to capital movements between the United
States and foreign countries have been collected since 1935?
pursuant to Executive Order 6560 of January 15, 1934? Execu
tive Order 10033 of February 8, 1949, and Treasury regulations
promulgated thereunder. Information on the principal types of
data and the principal countries is published monthly in the
"Treasury Bulletin." Reports by banks, bankers, securities
brokers and dealers, and nonbanking business concerns in the
United States are made initially to the Federal Reserve Banks,
which forward consolidated figures to the Treasury. These
statistics are consolidated by the Treasury and published as
promptly as possible.
The reporting forms and instructions used in the collec
tion of the statistics have been revised a number of times.
The most recent general revision became effective with reports
covering data as of May 31, 1963.1/ A detailed description
of the content of the statistics, including the changes insti
tuted in 1963, appeared in the July 1963 issue of the "Treasury
Bulletin," pages 79-81. As a result of changes in presentation
introduced in that issue, not all b r e a k d o w n s previously
published will be exactly comparable to those now presented.
Basic definitions
The term "foreigner" as used in the Treasury reports
covers all institutions and individuals domiciled outside
the United States, including United States citizens domiciled
abroad and the foreign subsidiaries and offices of United
States banks and business concerns; the central governments,
central banks, and other official institutions of foreign
countries, wherever located; and international and regional
organizations, wherever located.
In general, data are r e p o r t e d o p p o s i t e the foreign
country or geographical area in which the foreigner is domi
ciled. Data pertaining to branches or agencies of foreign
official institutions are reported opposite the country to
which the official institution belongs. Data pertaining to
international and regional organizations are reported opposite
the classific a t i on " International," " E uropean regional,"
"Latin American regional," or "Asian regional," as appropriate,
except for*the Bank for International Settlements and the
European Fund, which are included in the classification "Other
Western Europe."
"Short-term" refers to obligations payable on demand
or having an original maturity of one year or less, without
deduction of any offsets. "Long-term" refers to obligations
having an original maturity of more than one year, and in
cludes securities having no contractual maturity.
Exclusions
The data p u b l ished h e rein do not cover all types of
capital mo v e m e n t s b e t w e e n the U n i t e d States and foreign
countries. The data reported to and published by the Treasury
Department exclude entirely the intercompany capital trans
actions of business enterprises in the United States with
their own branches and subsidiaries abroad or with their for
eign parent companies; such transactions are reported by
business firms to the Department of Commerce. Data on the
capital transactions of the United States Government and on
shipments and receipts of United States currency are also
excluded from the Treasury reports. Certain capital trans
actions not effected through reporting institutions, such as
securities transactions carried out entirely abroad, are not
recorded in the Treasury reports. Consolidated data on all
types of capital transactions are published by the Department
of C o m m e r c e in its r e g u l a r rep o r ts on the U n ited States
balance of payments.
The liabilities data exclude U.S. Treasury letters of
credit, and nonnegotiable, noninterest-bearing special notes
of the United States held by the Inter-American Development
Bank and the International Development Association.
Beginning with the May 1967 Bulletin, data on short-term
liabilities to foreigners have been revised to exclude the
holdings of dollars of the International Monetary Fund derived
from payments of the United States subscription and from the
exchange t r a n s a c t i o n s and other operations of the Fund.
(Liabilities representing the "gold investment" of the Fund
continue to be included.) This change in the treatment of the
Fund’
s "holdings of dollars" is related to the revision of the
table on United States monetary reserve assets (see "Inter
national Financial Statistics" section, Table l) to include the
United States reserve position in the International Monetary
Fund.
The Fund's "holdings of dollars" do not represent United
States liabilities to foreigners in the same sense as do other
reported liabilities to foreigners. They are more accurately
viewed as contingent liabilities, since they represent essen
tially the amount of dollars available for drawings from the
Fund by other member countries. Changes in these holdings
(arising from United States drawings and repayments of foreign
currencies, from drawings and repayments of dollars by other
countries, and from other dollar operations of the Fund) give
rise to equal and opposite changes in the United States gold
tranche position in the Fund, which in the absence of United
States lending to the Fund, is equal to the United States
reserve position. Since the reserve position is included in
United States reserve assets, it is necessary, in order to
avoid double-counting, to exclude the F u n d ’s "holdings of
dollars" from United States liabilities to foreigners. This
revised presentation conforms to the treatment of these items
in the United States balance of payments and the international
investment position of the United States.
The dat a on s e c u r i t i e s t r a n sactions and on foreign
h oldings of U.S. Gover n m e n t bonds and notes exclude n o n
m a r k e t a b l e U.S. T r e a s u r y notes, foreign series, and non
marketable U.S. Treasury bonds and notes, foreign currency
series (see "International Financial Statistics" section,
Table 4).
Presentation of statistics
Data collected monthly on the Treasury Foreign Exchange
Forms are published in three sections. Section I provides a
summary of the principal data by period; Section II presents
data by country and by period; and Section III shows detailed
breakdowns of the latest available preliminary data.
Beginning with the May 1967 Bulletin, publication of the
former Section I, Table 1, "Net Movements of Banking Funds
and Transactions in Long-Term Securities with Foreigners" was
discontinued.
Due to numerous breaks in the statistical
series, the usefulness of this table had become increasingly
limited in recent years. Time series of the significant cate
gories of data reported on the Treasury Foreign Exchange Forms,
from which this table was derived, are available elsewhere in
this section.
Section IV presents supplementary data which are reported
less frequently than monthly but which are published monthly.
1/ Copies of the reporting forms and instructions may be obtained from the Office of Balance of Payments Programs, Operations and Statistics, Office of
the Assistant Secretary for International Affairs, Treasury Department, Washington, D.C. 20220 or from Federal Reserve Banks.
Treasury Bulletin
86
.CAPITAL MOVEM ENTS.
Section I - Summary by Periods
Table 1. - Banking Liabilities to and Claims on Foreigners 1/
(Position at end of period in millions of dollars)
Short-term claims on foreigners
Short-term liabilities to foreigners 2/
End of
calendar year
or month
194
194
194
194
194
195
195
195
195
195
195
195
195
195
195
196
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9
Total
short
term
liabil
ities 2/
6 ,8 8 3 .1
6.475.3
5.519.3
.
6 , 3 2 6 .6
6.329.3
7,340.2
7.977.8
9.257.9
1 0 ,2 6 5 .6
......... 11.353.9
11.894.9
13.796.8
14.383.3
15.366.8
17.261.2
0
18.701.4
1961 ............... 2 0 .0 1 5 .2
1961 6/ . . . ........ 20,097.5
1962 ............... 2 1 ,9 5 8 .0
196 3
22,877.1
Payable in dollars
Foreign countries
Official
insti
tutions
Foreign
banks
4.179.0
2/
3.043.7
2/
1.831.9
K
2.836.3
K
2.907.7
y
3.615.5
2,064 ,0
3.547.6
2 ,5 2 8
4.654.2
2,569
5.666.9
2.529
6.770.1
2.530
6.952.8
2,943
8.045.4 5/3,3 62
7.916.6 5/3,413.
‘3,460
8.664.9
4 ,6 0 1
9.154.3
4,704,
10,212.3
5,299
10,893.
5,380.
10.893.3
11.915.3
5,251.
12,436.9
5,713.
1964 2/ I Q / ....... 25,517.8 2 7 13,220.3
Inter
national
Other
and
for
eigners regional 2/
2,678
4 6 8 .8
2,972
2,947
664.9
472.9
369.1
223.3
316.7
296.7
246.5
1,392
1,513
1,675
1,779
1,805,
1,783,
2,029,
2 ,2 5 2
2,430,
2,398,
2,229.
2,355
2,356,
2,564
3,046,
205.2
175.3
309.7
742.3
751.7
1.030.5
1.441.6
1 .3 1 6 .6
1 ,3 1 6 .6
2,083.9
1,547.0
2/7,213.4 2/ 3,376.39/1,618.0
25.550.7
13,065.9
7,359.7
3.587.2
1.478.6
27.723.7
1966 12/ ..........
27,599.3
11,967.5
12,022.5
10,022.9
9,864.0
3.743.3
3,743.3
1 .3 8 0 .6
1 ,3 8 0 .6
1967 1 2 / ..........
3 0 ,6 8 2 .0
3TT,324V3r"
13,925.3
13,917.5r
1 1 ,1 2 1 .6
1,282.9
4 ,124 .7r l,273.9r
1967-Marc h
A pril........
M a y ..........
June.........
26.807.3
27.158.3
27.353.6
27,339.8
11.920.4
July.........
August.......
September....
O ctober.....
November....
27.797.0
28.487.4
28.815.3
29.917.4
31.211.6
December
3 0 .6 8 2 .0
1965 1 1 / ..........
13/
30,524.3r
1968-Januar y
3 0 ,6 4 2 .0
February p ... 3 0 ,9 0 1 .0
March p ...... 30,057.2
1 2 ,3 9 2 .1
12.660.5
12.379.8
12,441-3
1 2 ,3 6 0 .1
12,667.4
10,979.1r
49.7
70.4
5 1 .0
44.9
72.2
61.4
43.7
43.2
40.3
1 .0
1 .2
898.
968,
2.3 1 ,0 4 8 ,
1 .8
904.
2.7 1 ,3 8 6 ,
2 .8 1,548.
4 8 .8
1 .2 1,945.
59.0
9.9 2,199,
1 .6 2,542,
59.4
.8 2,624.
77.2
113.1
7.5 3,614.
2 .2 4,762
150.4 Ui
2 .2 4 ,820 .
150.4 h '
7.3 5,163.
143.4 1j{
69.4 5,974.
134.1 1\
7,469.
89.9 2/' 3 1 0 .2 7,957 ,2 1 0 /
7,631 7
513.5
59.3
7,734.
m , L 2 i 1,494-C 7,818.
588.9 7/
,853.4
8 6 .1
87.9
8 5 .2
243.0
160.9
176.6
241.9
400.7
350.9
290.3
328.5
328.5
358.9
186.0
223.3
2 2 0 .8
151.1
177.2
122.9
156.5
206.5
3 2 8 .1
405.4
385.5
439.4
497.6
524-3
699.4
709.2
952.6
954.9
1,373.6
1,40,2.5
1,565.9
y
104 ,2
109 ,8
131 .7
109 8
142 0
235 6
330 4
303 0
427 5
46 0 1
482 1
617 6
62Z
641
773
1,054.
1,149.:
1,130..
8 8 3 .8
1 ,1 2 1 .6
1.076.7
1,098.2
1.837.8
2,531.1
2.573.9
2.652.9
3,429.4
4,158.8
4,559.6
4,190.2
4,272.2
1 1 0 .8
240.6
91.8
78.4
1 0 1 .6
2 1 1 .0
163.9
149.6
147.3
197.7
217.2
479.6
585.6
175.6
140.7
227.5
187.7
216.7
390.4
403.9
440.5
324.9
440.9
670.9
839.4
1.173.8
1 , 3 6 2 .1
1,545.1
1,698.4
2.033.8
'S','05378-------
557.1
6 3 0 .8
659.0
624.5
474.0
491.9
419.8
2.160.4
3,029.8 8/
3.971.4
4.284.7 10/
1 ,241.6
5,018.4
5.019.1
42.4,6..
424.6
504.3 7, 1.865.3 7.870.8
545.7
1.985.8 7.957.3
522.0
2.017.2 8 ,1 1 1 .2
495.8 7/ 2 . 4 6 8 . 8 8.261.4
252.5
270.7
245.7
1.611.3
1.535.7
1.557.4
1,553.2
1.159.6
1,162.3
1.125.2
1.111.3
4.424.8
4.567.9
4.769.5
4.944.5
422.6
420.8
413.4
399.7
2 6 0 .8
1 .4 8 2 .8
286.9
270.7
269.5
1.496.8
1.594.6
1.555.9
1.565.6
1.602.6
1.613.3
1,127.2
1,134.1
1,181.0
1.151.7
1 ,204.0
1.240.7
1 ,241.6
4.946.2
4.853.7
415.0
510.4
4 .8 6 9 .8
4 2 1 .8
4.857.2
4.916.9
5^018; A.
5.019.1
433.2
4 1 0 .0
3.843.1
3.893.9
3,909.3
3,979.0
3.960.8
£24*6..
3.894.8
4.962.2
5,003.4
5,023.9
402.6
3.832.8
3.768.7
3.690.7
3.982.5
4.072.6
4,123.2
4,124-7r
1.314.7
1.347.9
1.282.9
1,273.9r
4,042.3
4,082.0
4,078.6
1.279.5
1,210.3
1.342.5
291.4 ■2 ,5 0 0 .1 8,441.7
2,520.1 8.534.2
307.7
323.6 1] 2.550.2 8.394.2
1/ For exclusions see headnote on page 85 .
2/ Data exclude the "holdings of dollars" of the International Monetary
Fund. For explanation see headnote on page 85 .
2/ Included with "Other foreigners."
lj Included with "Other claims."
5/ Beginning in August 1956 and also in April 1957, certain accounts
previously classified as "Foreign banks" are included with"0fficial
institutions."
6/ Differs from 1961 end of year data on the preceding line by inclusion
of liabilities and claims reported by a number of banks included in
the series beginning December 31, 1961.
7/ Includes reported liabilities to foreign official institutions beginning October 1961. Figures for selected dates are as follows:
end 1961 , $46.3 million; end 1962 , $47.9 million; end 1963, $30.1
million; end 1966, $516.5 million; end March 1967, $444*2 million; end
June 1967, $428.7 million; end September 1967, $303.6 million; end
December 1967, $151.8 million; end March 1968, $217.3 million.
8/ Includes claims previously held but first reported as of May 31, 1963;
as of that date such claims amounted to $ 85.6 million. Also includes
claims amounting to $193.2 million reported by banks for the first
time as of December 31, 1963, representing in part claims previously
held by banks but not reported.
2/ Short-term liabilities include a net increase of $50.8 million arising
73.4
L/
y
47.5
98.1
165.4
100.4
306.3
306.3
1 .3 2 8 . 1
11,424.8
11,518.3
3 6 1 .2
2 2 2 .7
245.0
290.5
490.6
557.1
494.3
328.7
503.4
627.9
451.5
584.1
660.0
1,602.6
1.613.3
502.6
2.453.6 8.231.9
432.2
2,518.5 8.281.9
378.7 7/ 2,308.8 8,337.8
281. 7
2.278.4 8.267.5
231.1
2.341.7 8 , 3 6 0 . 4
229.1 7/
8.592.6
2.497.7
229.1 7/
8,604.9
1 1 ,5 6 8 .6
K
U
U
229.1 7/ 2 ^97 7 *592.6
^ , 4V I. /f a Z7T7 cT
229.1 7/
8,604.9
1.408.5
1.378.6
10,979.1r
lJ
100.3
319.6
292.9
Other
claims
1 ,1 3 2 .0
3.812.3
1 1 ,1 2 1 .6
K
k/,
Other
for
eigners
■L143^_ 4 , 2 6 0 . 1
1,144.9 4,292.6
3 ,8 3 0 . 8
3 ,9 0 6 . 8
11.371.3
Foreign
banks
Total
long
term
claims
1 7 5 5 7 .1
9.632.3
10,485.7
10.534.3
13,925.3
13,917.5r
Official
insti
tutions
Payable
in
foreign
curren
cies
1,739.3
1,739.3
1.437.5
1,429.2
1.407.0
1 ,3 6 1 .8
Loans to:
271.2
271.2
256.5
256.5
3.821.4
3.783.1
3.823.1
3.825.2
1 1 ,1 4 2 .2
13,782.6
12,743.8
392,
708,
4.6
948,
1 .0 1,018,
827,
.7
40.6
9,123.7
9,008.3
8,941.0
9.277.2
1 3 ,1 9 6 .2
1 4 .1 8 8 .8
1 3 ,6 0 4 .0
4 ,1 2 3 . 2
Payable in dollars
Total
short
term
claims
.9
1.4
25.5
2 ,9 2 2
3 ,0 0 1
Payable
in
foreign
curren
cies
Total
long
term
liabil
ities
10/
11/
12/
13/
p
2 5 2 .6
2 6 3 .8
306.3
306.3
292.9
3 0 1 .6
305.9
1,556.9
1.647.4
1,524.0
1,240.7
1,227.1
1 ,2 1 5 .0
1 ,2 1 5 .6
420.2
424.6
366.7
324.8
4,516.9
4.179.7
3.894.8
4.027.0
4,020.4
3.996.1
3.839.0
from changes in reporting coverage, distributed as follows: "Official
institutions" -$4.0 million, "Foreign banks" +$60.3 million, "Other
foreigners" +$22.5 million, and "Payable in foreign currencies"
-$27.9 million.
Data on claims below the line differ from claims above the line be
cause of the exclusion as of December 31, 1964 of $58.1 million of
short-term U.S. Government claims previously included; and because
of the addition of $545-9 million of short-term claims and $313.3
million of long-term claims arising from the inclusion of claims
previously held but first reported as of December 31, 1964, and from
revisions of preliminary figures.
Data on claims below the line differ from claims above the line be
cause of the addition of short-term claims held in custody for
domestic customers but reported by banks for the first time beginning
December 31, 1965, and short-term claims reported by banks reporting
for the first time.
Data on liabilities and claims below the line differ from data above the
line because of changes in reporting coverage and classification effec
tive December 31, 1966, and because of revisions of reported data
beginning December 31, 1966.
Data on liabilities and claims below the line differ from data above the
line because of changes in reporting coverage effective December 31, 1967.
Preliminary.
r
Revised.
M a y
1 9 6 8
87
_______________________ CAPITAL M OVEM ENTS__________________________
Section I - Summary by Periods
Table 2. - Purchases and Sales o f Long-Term Domestic Securities by Foreigners 1/
(in millions of dollars; negative figures indicate a net outflow of capital ‘
from the United States)
U.S. Government bonds and notes 2/
Calendar year
or month
Bonds
Net purchases
Purchases
Sales
Total
684.2
Foreign countries Interna
tional
and
Other
Official
regional
-269.7
61.5
-47.9
96.4
942.1
-683.0
302.3
-82.0
1946...................
1 947...................
194 8...................
1 9 4 9...................
1 950...................
1 951...................
1952...................
1 953...................
1954...................
1955...................
1 956...................
1957...................
1958...................
1959 ...................
I 960 ...................
1961 ...................
1962 ...................
1 9 6 3...................
1964 ...................
196 5...................
1966 ...................
1967...................
414-5
344-. 8
282.4
430.0
1,236.4
673.6
533.7
646 .O
800.9
1,341.1
883.4
1968-Jan.-Mar. p .......
139.4
450.6
-311.4
1967-Ma r c h ............
April............
M a y ...............
June .............
50.6
84.4
209.3
29.5
65.3
48.9
192.7
24.1
-14.8
35.4
16.6
5.4
July.............
August ...........
September........
October..........
November.........
December.........
11.7
39.7
21.5
16.2
51.3
19.0
11.5
59.0
16.6
7.7
71.2
-19.3
4.9
8.8
10.2
-
1968-January .........
February p .......
March p ..........
43.6
62.7
33.1
221.6
-178.0
- 41.8
-91.6
-191.4
- 65.0
- 103.0
1/
2/
Corporate and other
666.1
1,223.9
1,216.9
1,729.6
1,743.7
1,779.9
1,867.1
1,149.4
1,077.2
680.2
585.4
283.3
330.3
333.6
294-3
1,356.6
231.4
728.0
792.7
812.1
1,018.3
718.3
1,187.6
528.0
1 ,603.0
1,231.5
2,507.9
1,196.2
1,487.1
1,153.0
1 ,296.0
628.9
104.4
124.6
-13.0
-55.4
9.4
8.6
1/
Net
purchases
1/
Purchases
367.6
226.1
-58.7
-19.6
-245.2
48.4
95.1
56.4
29.5
-359.4
47.1
1 .0
841.3
426.1
141.1
127.8
282.9
226.5
75.7
57.1
141.7
185.1
252.8
137.3
146.7
217.8
433.6
307.7
94*4
115.5
12.7
108.1
-245.8
-181.5
83.4
690.0
159-4
325.9
187.9
126.2
177.8
249.8
384.9
206.6
127.7
123.9
174.5
122.1
858.9
261.0
824.2
-663.7
292.7
-96.7
-60.0
561.7
-204.9
117.0
-236.7
523.9
-97.9
- 20.0
-206.6
369.1
126.6
-19.9
1/
Sales
74.5
7.5
87.0
117.9
-19.3
9.6
14.7
68.3
-32.7
70.0
-169.1
273.0
164.9
224.5
532.2
-521.4
301.8
-315.2
-151.2
-427.0
-121.4
8.2
.1
_
-26 ? . 7
529.0
-135.0
-52.1
36.3
688.9
512.2
-728.0
670.9
-337.7
-75.8
-615.8
-43.5
Purchases
Stocks
2/
.6
36 .1
-.9
35.2
-14.4
.1
16.2
-.3
.1
.8
-
8.6
-3.3
-
3.4
6.5
4.8
-3.3
-19.8
- 6.0
-
*
- 2 .6
For exclusions see headnote on page 85.
Through 1949, includes transactions in corporate bonds.
8.4
.2
.2
-13.8
10.3
-3.5
12.7
.7
.3
23.0
11.4
- .1
1/
1/
1/
1/
1/
107.7
120.0
200.1
212.8
2.89.7
1/
108.3
141.6
188.5
197.4
283.6
324.7
287.1
310.2
361.4
296.0
251.8
368.8
296.2
258.9
344.0
311.2
2,346.5
1 ,862.6
483.8
65.3
70.7
634-0
571.8
632.6
699.7
647.8
505.5
618.3
635.8
- 13.8
36.8
66.3
172.4
172.1
110.7
602.8
646.0
640.1
87.2
71.2
142.7
714.2
577.6
679.7
144.2
147.3
255.7
-179.1
-57.2
240.9
703.7
524.3
634.6
155.2
81.3
247.3
99.3
300.5
187.8
50.1
636.7
5a . 9
1,924.7
-334.2
-89.1
-192.2
75.2
944.4
-584.3
314.9
-11.5
149.3
685.2
156.4
415.2
6 .1
28.7
35.3
51.3
17.3
72.6
-99.2
-51.3
9.3
176.3
38.3
1,036.0
284.4
- 64 .5
-150.6
-144.3
- 21.2
2.9
120.3
619.5
649.2
533.9
980.2
1,433.7
1,363.5
1,163.8
1,453.6
1,861.5
1,774.8
2,744.6
2,149.1
2,526.5
3,425.3
4,133.2
5,073.8
7,223.8
-.6
-21.6
11.7
15.3
392.3
359.0
246.4
432.1
376.7
514.1
375.3
Net
purchases
369.7
354.1
666.9
739.8
650.2
589.1
1,115.1
1 ,561.2
1,619.5
1,306.4
1,397.3
2,224.4
1,976.5
3,067.3
2 ,260.2
2,724.0
3,076.2
3,719.9
4,740.5
7,972.0
416.1
442.4
316.9
307.7
255.7
460.7
675.0
1,577.9
2,235.9
2/
1/
1/
1/
Sales
Net
purchases
of
domestic
securities
141.2
41.4
32 .1
717.2
782.8
772.3
721.8
827.0
605.6
882.0
664.0
1 .0
55.2
135.0
127.5
256.0
142.6
-56.3
362.9
201.7
322.7
1 1 1 .1
197.5
-349.1
-413.3
-333.3
748.3
14.363.9
58.1
141.8
-2.7
1,124.4
378.4
735.7
- 668.2
877.8
-510.5
-450.8
86.9
1 ,016.0
587.6
202.8
64.6
Through 1949, included with transactions in U.S. Government bonds
and notes.
p Preliminary.
*
Less than $ 50 ,000 .
Treasury Bulletin
88
______________________ CAPITAL M OVEM ENTS_______________________
Section I - Summary by Periods
Table 3. - Purchases and Sales of Long- Term Foreign Securities by Foreigners
(In millions of dollars; negative figures indicate a net outflow of capital from the United States)
Purchases
19 4 6 ..........................
19 4 7..........................
1 9 4 3 ..........................
1 9 4 9 ..........................
1 9 5 0 ..........................
19 5 1 ..........................
19 5 2..........................
19 5 3 ..........................
19 5 4..........................
19 5 5 ..........................
19 5 6 ..........................
1957..,.......................
19 5 8 ................. ........
19 5 9 ..........................
I 960 ..........................
1961 ..........................
196 2..........................
19 6 3 ..........................
1 9 6 4 ..........................
1 9 6 5 ......... ................
1966 ..........................
1 9 6 7..........................
1968-Jan.-Mar.p.............
Foreign stocks
Foreign bonds
Calendar year or month
755.9
658.7
Sales
Net
purchases
265.5
24.5
-79.8
9.8
Purchases
65.2
Sales
289.5
228.8
- 156.8
- 58.1
814.0
1 ,210.0
-396.1
68.0
7.3
55.5
65.3
95.0
290.1
1 1.8
332.8
314.4
233.5
404.1
-42.7
-92.7
-38.6
-84.9
699.0
889.0
945.6
882.9
801.9
1,093.3
990.5
914.8
1 ,198.1
1,778.3
2 ,025.8
880.4
731.4
1,037.1
565.7
903.7
-338.0
248.2
306.3
1967-March...................
April...................
M a y .....................
214.9
154.3
127.1
247.9
264.8
-49.9
- 104.6
- 41.2
- 6 1.1
75.2
67.3
67.8
71.2
July ....................
August..................
September...............
October.................
144.5
146.7
350.2
195.2
111.9
122.5
- 169.2
-78.4
-131.3
-127.9
- 30.0
-143.9
67.6
67.1
80.8
77.5
74.9
94.3
69.0
106.0
-179.2
- 108.4
-50.4
68.4
70.1
109.7
606.5
84.9
February p .............
March p .................
p
Preliminary.
156.2
324.6
258.9
168.2
309.1
313.8
225.1
481.4
323.1
141.9
266.4
264.2
264.5
375.0
88.8
566.1
509.1
595.7
702.0
695.6
748.4
906.2
960.2
Net purchases
of foreign
securities
265.1
39.0
-94.8
27.8
-145.4
-377.0
-217.9
-72.2
-300.4
-30.4
-511.1
-722.1
-1,362.5
-749.7
-644.7
-830.4
-1,047.9
-1,044.2
-728.1
-952.5
-685.3
-1,315.7
173.8
272.3
293.9
310.1
393.3
663.6
749.2
592.8
467.2
321.2
589.2
500.4
495.3
542.5
792.4
693.3
Total
sales
556.1
676.8
388.2
382.3
908.4
1,149.7
1,007.0
924.9
1 ,486.1
1,387.3
1 ,866.8
2 ,014.0
2,718.8
2,261.5
2,036.7
2,228.0
2,843.2
2,730.3
2,391.3
3,056.7
3,423.8
4 ,221.8
-121.0
-300.6
-182.1
-79.0
-48.8
183.9
-385.0
-693.1
-1 ,026.1
- 512.0
- 562.1
-460.4
-944.0
-1,095.4
-923.3
- 1 ,242.1
-914.2
-1,158.9
2 11.6
Total
purchases
715.9
293.3
ao.i
763.0
772.7
789.1
852.7
1 ,185.8
1,356.9
1,355.7
1,291.8
1,356.2
1,511.7
1,392.0
1,397.6
1,795.3
1 ,686.1
1,663.2
2 ,104.2
2,738.5
2 ,906.2
65.6
42.6
490.4
634.3
291.4
311.5
710.2
801.0
677.4
621.5
8a . 3
509.4
991.5
1,392.0
1,915.1
1,457.6
1,445.0
1,262.4
2,037.3
2,086.0
1,843.1
2,A40.1
2,692.5
3,184.7
57.1
81.7
Net
purchases
96.7
70.8
198.2
348.7
329.6
303.4
644.9
877.9
875.2
621.9
803.7
803.8
591.7
965.6
805.9
644.3
548.2
616.6
-.4
14.6
-15.0
18.0
-24.4
-76.4
-35.8
6.8
- 251.6
-214.3
-126.1
-29.1
-336.4
-237.7
-82.6
-370.0
-103.9
51.2
200.3
2.5
-23.8
821.2
221.7
194.9
319.1
2 12 .1
213.8
382.8
91.1
89.4
155.1
-1.4
-39.0
-43.8
-13.7
-14.5
- 60.8
431.0
272.7
186.9
216.9
331.2
606.0
414.2
231.3
421.5
-170.7
-117.4
-175.0
-141.5
-44.4
-204.7
79.1
79.6
147.6
-10.7
-9.5
-37.9
153.4
226.3
434.3
343.3
344-1
522.6
-189.9
-117.9
-88.3
124.6
M a y
89
19 6 8
.CAPITAL MOVEMENTS
Section II - Summary by Countries
Table 1. - Short-Term Banking Liabilities to Foreigners 1/
(Position at end of period in millions of dollars)
Calendar year
1967
Country
1965
Europe:
Austria..........................
Belgium..................... ......
Denmark............................
Finland............................
France.............................
Germany............................
Greece.............................
1966 2]
1967 3/
October
November
195.7
419.9
304.9
58.2
1,070.4
2,538.0
129.0
1,410.4
364.0
283.3
358.4
161.5
655.9
1,805.0
42.9
3,817.2
36.7
233.9
7.8
39.6
13,932.6
230.5
599.7
243.3
98.5
1,325.6
2,217.7
170.1
1,947.8
585.4
449.1
437.2
149.6
489.0
1,729.0
33.0
4,846.1
23.1
736.3
7.6
43.6
16,362.0
175.6
618.1
211.0
98.3
1,080.0
2,221.1
161.2
1,992.8
494-0
378.7
409.1
158.0
634-4
1,629.4
27.2
4,850.7
24.7
585.2
6.1
32.6
15,788.1
184-3
605.0
201.5
98.9
1,430.6
2,275.9
160.9
1,999.5
541.8
388.7
414.2
130.1
492.9
1,648.4
38.0
5,931.0
26.3
491.1
4.3
36.7
17,100.1
230.5
599.7
243.3
98.5
1,325.6
2,217.7
170.1
1,947.8
585.
449.1
437.2
149.6
489.0
1,729.0
33.0
4,846.1
23.1
736.3
7.6
43.6
231.lr
600.3r
243.3
98.5
1,329. 7r
2,2l6.9r
170.1
1,947.8
585 *6r
449.1
437.2
149.6
489.0
1,729.0
33.0
4,662.3r
23.1
736.2r
7.6
43.6
Total Europe......................
195.7
419.9
304.9
58.2
1,070.6
2,582.9
129.0
1,410.4
364.0
283.3
358.4
161.5
655.9
1,805.0
42.9
3,838.8
36.7
234-6
7.8
39.6
1 4 ,000.0
16,362.0
Canada...............................
2,573.6
2,508.8
2,502.1
2,706.0
2,688.3
2,613.4
2,706.0
417.8
299.1
261.5
178.4
8.1
631.7
149.7
249.2
Netherlands Antilles and Surinam.
Other Latin America..............
432.0
383.4
219.3
214.2
9.6
702.6
119.9
257.2
137.1
738.1
519.2
165.1
113.1
16.7
707.1
522.2
176.8
103.8
16.8
417.8
299.1
261.5
178.4
8.1
631.7
149.7
249.2
160.8
707.1
522.2
176.8
103.8
16.8
485.1
236.7
252.5
169.0
8.7
723.9
170.0
274-4
146.8
793.5
523.2
233.1
111.2
18.3
580.6
262.8
222.3
151.0
9.9
689.0
I 64 .O
250.5
131.2
777.8
514.8
233.6
123.1
18.5
593.8
272.6
230.4
157.6
8.8
706.8
131.0
263.6
136.7
791.8
520.1
235.9
110.6
20.2
Total Latin America...............
4,027.5
3,882.9
3,882.9
4,146.3
4,129.1
Switzerland........................
Turkey.............................
United Kingdom....................
Yugoslavia...................... ..
Other Western Europe.............
Other Eastern Europe.............
Latin America:
Argentina..........................
Brazil.............................
Chile..............................
Cuba...............................
Mexico.............................
Panama.............................
P e r u...............................
Uruguay............................
Venezuela........... ..............
Other Latin American Republics...
Asia:
China Mainland....................
Hong Kong..........................
India..............................
Indonesia..........................
160.8
February p
March p
176.6
547.7
220.4
125.9
1,244.6
2,143.4
159.2
1,786.4
485.2
389.7
426.2
121.2
532.1
1,511.6
39.2
5,425.9
56.0
682.5
5.6
29.2
154.1
536.6
198.7
138.9
1,162.1
2,350.6
154.5
1,572.7
357.8
384.6
388.2
129.2
525.0
1,648.8
29.3
5,567.7
52.3
439.0
4.0
34.7
16,182 .8r
16,108.6
2 , 7 $ .3r
3,097.3
3,200.6
2,791.3
485.1
236.7
252.5
169.0
8.7
723.9
170.0
274.4
I 46.8
793.5
523.2
233.1
111.2
18.3.
484.lr
236.7
252.5
169.0
8.7
721.2r
170.0
274.4
431.6
276.8
250.9
158.7
8.9
724.7
160.0
281.2
143.5
851.5
512.1
275.6
108.1
17.6
419.0
291.3
239.3
164.7
434.6
300.9
263.1
157.3
747.4
152.8
267.2
152.1
770.2
566.4
243.8
89.0
17.3
720.7
136.8
258.0
4,229.9
4,146.3
4,142.7r
4,201.1
4,128.9
4,078.4
34.9
209.5
249.9
39.1
148.7
2 ,462.4
203.3
286.1
221.2
628.7
802.3
5,286.1
35.1
214.6
354.4
34.0
138.4
2,567.1
175.7
291.4
227.1
630.3
858.1
35.1
214.2r
354.4
34.0
138.4
2,600.6: '
175.7
291.2
223.5
630.3
859.5 r
36.6
224.1
328.6
39.9
126.7
2,460.6
194.7
298.7
216.4
654.9
829.9
36.4
222.3
347.3
42.5
147.4
2,544.6
181.5
296.4
210.0
660.5
843.2
36.6
225.5
318.8
39.3
123.4
2,536.4
173.9
294.4
208.9
669.1
764.0
5,526.2
5,557.0i•
5,411.2
5,532.0
5, 390.2
32.8
17.8
60.5
30.2
16.5
61.0
18.1
200.6
29.7
21.6
52.9
15.1
315.0
28.2
21.7
57.0
17.2
214.9
326.4
434.3
339.0
35.7
35.7
35.1
141.8
141.8
214.6
Japan..............................
Korea..............................
Philippines.......................
Taiwan.............................
Thailand...........................
Other As i a .........................
179.9
54.4
116.6
2,690.8
172.5
286.3
231.6
598.3
791.4
179.3
54.4
115.4
2,671.3
161.9
285.3
227.8
598.3
779.0
354-4
34.0
138.4
2,567.1
175.7
291.4
227.1
630.3
858.1
35.9
194-5
233.2
59.4
148.0
2,522.8
192.9
272.9
229.2
662.7
804.7
Total A s i a .........................
5,285.5
5,299.3
5,250.3
5,526.2
5,356.2
11.8
16.8
51.3
30.5
169.9
14.7
31.8
71.4
39.0
229.6
14.7
31.5
71.4
39.0
228.8
16.0
32.2
58.6
14.7
210.4
331.8
13.0
25.6
63.1
17.4
209.4
146.8
793.5
523.2
233.1
111.2
18.3
328.5
221.3
348.6
32.8
17.8
60.5
16.1
221.3
348.6
8.4
8.4
142.6
729.7
579.0
242.3
86.2
18.8
Total Africa........ ..............
2.80.3
386.6
385.4
32.8
17.8
60.5
16.1
221.3
348.6
Other countries:
Australia..........................
All other..........................
253.7
24.4
243.4
22.1
243.4
2 /..1
282.9
27.2
284.3
24.9
275.6
30.2
282.9
27.2
282.. 9
27.2
284.7
26.8
253.5
32.8
258.0
28.8
Total other countries............
278.1
265.5
265.5
310.1
309.2
305.8
310.1
310.1
311.5
286.3
286.8
International and regional:
International 5/ ..................
1,361.4
10.0
European regional.................
Latin American regional..........
107.1
Asian regional....................
African regional..................
Total international and regional ‘
3/ 1,478.6
1,269.7
8.6
72.8
29.6
1,380.6
1,269.7
8.6
72.8
29.6
1,380.6
1,177.0
6.1
78.2
21.0
.5
1,282.9
1,186.6
7.6
95.1
25.4
#
1,217.3
1,181.8
6.6
74.5
16.5
.1
1,096.6
28.8
72.4
12.5
.1
1,250.2
10.8
70.7
10.7
.1
1,314.7
1,347.9
1,177.0
6.1
78.2
21.0
.5
1,282.9
1,279.5
1,210.3
1,342.5
Grand total 5/ .....................
25,550.7
16 .1
8.4
97.6
24.5
*
VjJ1
Morocco............................
South Africa......................
United Arab Republic (Egypt)....
l j
January
165.4
563.9
211.9
116.5
1,350.2
1,924.3
164.9
1,895.7
526.6
367.0
437.2
137.4
512.2
1,535.7
38.8
5,134.8
41.9
852.4
6.9
31.4
i 6,015.1
34.9
113.2
83.7
30.6
127.2
3,013.9
107.7
303.8
210.6
542.4
717.5
Africa:
3/
December Lj
250.4
397.7
304.9
107.7
997.1
1,428.9
150.6
1,620.2
339.2
322.5
321.9
183.3
646.9
1,368.7
34-2
2,713.5
36.3
369.0
4.3
30.0
11,627.2
Netherlands........................
Norway.............................
Portugal...........................
1/
2/
1968
1,173.0-r
6.1
73.2 r
21.0
.5
1,273 .9i•
0
0
2/
ro
31,211.6
27,599.32 / 30,682.0^ J 29,917.4
30,901.0 30,057.2
'30,524.3r Q ' 30,642.0
1
IL .......
1
, I . -I
For exclusions see headnote on page 85.
in reporting coverage. Figures in the first column are comparable
Data in the first column are comparable in coverage and classification
in coverage to those shown for the preceding date; figures in the
to data for previous date, and do not reflect changes in reporting
second column are comparable to those shown for the following date,
arrangements effective December 31, 1966. Data in the second column
£/
Data exclude the "holdings of dollars" of the International Monereflect changes in reporting arrangements effective December 31, 1966.
tary Fund. For explanation see headnote on page', 8 5 .
See footnote 4.
p
Preliminary
*
Less than $50,000.
Data in the two columns shown for this date differ because of changes
r
Revised.
27,723.7
Treasury Bulletin
90
.CAPITAL M OVEM ENTS.
S ection II - Summary by Countries
Table 2. - Short-Term Banking Claims on Foreigners 1/
(Position at end of period in millions of dollars)
1967
Calendar year
C oun try
E u rop e:
A u s t r i a ......................................................
B e lg iu m ............................................................
Denmark.............................................................
F i n l a n d . ...........................................................
F r a n c e ................................................................
Germany.............................................................
G r e e c e ................................................................
I t a l y ..................................................................
N e t h e r la n d s ....................................................
N orw ay................................................................
P o r t u g a l...........................................................
S p a in ............................................... ...................
Sw eden...........................................................
S w i t z e r l a n d ...................................................
T u rk ey ................................................................
U n ite d Kingdom............................................
Y u g o s la v ia ......................................................
O th er W estern E u ro p e.............................
U .S .S .R ..................................... ........................
O th er E a s te r n E u ro p e.............................
October
November
8.5
52.3
37.4
87.1
72.2
1 9 0 .2
13.2
1 1 0 .2
38.3
51.4
25.5
5 0 .1
51.9
73.0
4 2 .1
2 1 6 .0
27.8
28.0
5.5
27.2
16.2
66.9
61.8
1 6 .2
1 6 .6
66.9
65.9
37.1
78.2
9.6
72.4
35.7
84.9
1 0 .0
6 3 .0
4 8 .0
8 7 .6
6 0 .2
176.0
19.1
58.4
34.7
198.5
20.5
79.2
6 1 .2
52.0
25.8
24.3
56.3
70.7
117.5
34.2
241.7
19.3
9 0 .6
6 1 .8
9 0 .6
73.2
214.6
16.5
108.0
73.6
227.2
16.5
110.5
4 0 .2
4 0 .2
75.6
41.4
67.4
74.1
83.0
75.6
41.4
67.4
75.4
54.4
75.4
97.6
37.5
8 8 .0
52.2
52.2
209.9
19.4
242.2
2.0
193.3
19.4
39.6
2.0
16.2
1 6 .2
13.4
30.1
2.7
18.2
3 6 .6
3 1 .3
32.6
December lj
1 6 .6
65.9
37.1
78.2
87.6
176.0
19.1
58.4
34.7
82.8
82.3
173.6
17.9
69.0
49.4
57.0
13.5
53.4
67.1
1 1 0 .2
2 2 .8
2 3 2 .2
18.5
34.1
.1
18.9
1,223.9
February p
16.1
65.9
37.1
78.2
8.9
49.0
34.4
77.7
8 7 .6
6 0 .1
179.4
19.1
58.4
34.7
151.4
19.4
50.9
9.2
47.0
32.3
77.0
73.4
1 3 6 .8
2 2 .0
2 1 .0
1 ,232.2
2.7
18.2
1,235.6
53.9
36.7
55.3
19.3
53.3
58.4
106.2
37.4
249.3
15.1
27.7
1.8
20.5
1,135.7
1 ,1 3 2 .4
6 1 .2
2 5 .8
6 1 .2
54.4
75.4
97.6
37.5
54.4
75.4
98.0
37.5
242.2
2 4 2 .2
13.4
30.1
2.7
18.2
3 8 .0
6 0 .8
2 2 .0
25.8
13.4
3 0 .1
54.4
65.5
1 0 5 .6
37.4
230.3
14.7
31.4
2.8
March p
7.5
57.5
38.7
76.8
59.1
115.7
14.2
58.4
30.7
54.8
16.3
75.5
59.1
76.2
28.1
240.7
14.8
10.9
1.3
23.4
1 , 0 6 0 .0
T o t a l E u ro p e.................................................
1,207.6
1,366.0
1,374.0
1 ,232.2
C anada................................................................ ....
669.3
6 2 0 .0
611.3
6 1 0 .8
572.4
564.1
6 1 0 .8
610.8
553.7
545.6
231.7
94.1
174.1
270.1
16.4
673.7
58.5
170.3
44.7
193.5
114.5
158.7
307.7
187.5
112.4
2 2 0 .8
2 2 0 .8
2 2 0 .8
173.3
179.1
217.5
1 6 .2
16.2
1 6 .1
1 6 .2
766.5
83.9
210.7
44.5
225.7
757.4
959.5
46.5
248.5
41.6
225.9
288.9
62.6
9.6
18.2
929.4
53.0
235.8
43.2
210.9
266.4
48.7
9.0
18.8
2,553.6
1 6 .2
9 1 0 .2
54.8
247.6
45.8
210.7
288.1
53.7
9.5
19.8
173.3
179.1
217.5
16.1
959.5
46.5
248.5
41.6
225.9
288.9
62.6
9.6
18.2
217.8
196.7
195.2
200.9
14.7
954.1
52.3
247.5
227.5
1 3 6 .2
305.3
198.3
124.5
171.7
227.3
208.5
173.3
179.1
217.5
2,603.4
2,708.4
2,709.3
2 ,6 9 2 .2
2,722.3
.7
26.7
9.6
5.3
57.3
3,147.3
58.9
294.5
37.2
99.2
134.6
.7
26.7
9.6
5.3
57.3
3,154.4
.7
27.8
13.9
5.2
50.3
3,181.1
48.3
289.7
41.3
105.1
125.4
.7
27.3
3,212.9
3,2
3,945.7
3,931.4
1.3
2.5
38.6
1.4
1.7
36.9
T o t a l L a tin A m eric a.......... ....................
A sia :
C hina M a in la n d ............................................
Hong K o n g ...................................................
I n d i a ................................................................
I n d o n e s ia ...................................................... ,
I s r a e l ..............................................................
J ap an ................................................................ .
K orea................................................................ .
P h i l i p p i n e s ................................................. .
T aiw an ...............................................................
T h a ila n d ..........................................................
O th er A s i a .....................................................
T o t a l A s i a .....................................................
2/
1967 2/
1966 2 /
.1
19.1
1,259.9
L a t in A m eric a :
A r g e n t in a ........................................................
B r a z i l ................................................................
C h i l e ..................................................................
C o lo m b ia ...........................................................
Cuba....................................................................
M e x ico ...............................................................
Panama...............................................................
P e r u ....................................................................
U ruguay.............................................................
V e n e z u e la ........................................................
O th er L a tin A m erican R e p u b li c s . . .
Bahamas and Bermuda.............................. .
N e th e r la n d s A n t i l l e s and Surinam .
O th er L a tin A m erica................................
1/
19e',5
1968
2 2 0 .0
2 5 0 .1
52.5
1 4 .0
23.0
2,293.2
1.2
28.9
17.3
1.8
8 6 .0
2 ,7 6 8 .0
2 1 .6
229 .6
2 7 2 .0
60.7
17.6
17.1
2,489.2
1 5 8 .2
8 5 .2
2 1 1 .6
44.5
219.7
261.0
60.7
17.6
15.9
2,453.2
2,708.4
175-2
227.0
.7
3 0 .8
16.5
5.9
98.4
2,502.5
30.7
2 2 0 .1
1 6 .1
960.4
46.5
248.5
41.6
4 0 .1
225.9
288.9
62.6
9.6
18.2.
224.4
266.2
53.2
9.5
19.5
5 8 .9
295.4
37.2
99.3
134.6
526.8"
2 2 0 .6
184.4
193.4
14.6
994.6
5 1 .6
245.6
37.5
227.8
252.0
45.6
9.5
17.7
2,702.1
1 2 .2
8.6
4 6 .5
5 1 .7
3 0 6 .6
43.8
107.1
128.4
14.5
82.1
107.5
14.1
81.0
134.1
3,358.4
3,134.8
3 ,2 0 6 .0
3,871.2
3,703.8
3,790.8
3,871.2
3,879.3
1.7
50.3
25.1
.8
1.7
50.3
25.1
6 8 .6
.3
1.9
34.7
17.9
52.9
1.0
1.5
36.7
14.1
53.9
1.1
2.1
36.5
10.9
51.9
1.1
2.1
36.5
10.9
51.9
49.4
1 0 .8
6 3 .8
1 0 .6
6 8 .6
1.1
2.1
36.5
10.9
51.9
A f r ic a :
Congo ( K in s h a s a ) ................................
M orocco........................................................... .
S o u th A f r i c a . ..............................................
U n ite d Arab R e p u b lic ( E g y p t ) .
O th er A f r i c a ............................................... .
4 2 .6
6 0 .0
T o t a l A f r i c a ........................... ....................
139.1
1 4 6 .6
1 4 6 .6
102.5
107.6
107.2
102.5
102.5
1 0 1 .1
117.0
1 0 6 .1
O th er c o u n t r i e s :
A u s t r a l i a ...................................................... .
A l l o t h e r ...................................................... .
52.0
51.9
9.8
51.9
9.8
54.3
1 3 .0
57.1
12.7
5 8 .0
14.8
13.1
54.3
13.0
54.3
13.0
57.5
12.7
59.2
11.9
54.7
12.9
61.7
ol.7
71.1
t>7.3
b7.3
7 0.2
71.1
8,592.6 4/ 8,604.9 4/ 8,441.7
■ -----! ■
_l :
8,534.2
1.3
1.6
33.6
T o t a l o th e r c o u n t r i e s ......................... .
6 6 .8
I n t e r n a t i o n a l and r e g i o n a l ....................
.2
.7
Grand t o t a l ...................................................... ..
7,734.5
7,818.9 2/ 7,853.4
--- r | ..-
_
1.1
1.9
3 6 .8
1 1 .8
'.2
8,592.6 3/ 8,267.5
I=
. II
2/
Excludes convertible foreign currencies held by U.S. monetary author
ities.
Data in the first column are comparable in coverage and classification
to data for previous date, and do not reflect changes in reporting
arrangements effective December 31, 1966. Data in the second column
reflect changes in reporting arrangements effective December 31, 1966,
and revisions of reported data beginning December 31, 1966.
2/
4/
8,360.4
55.4
'".2
See footnote 4*
Data in the two columns shown for this date differ because of
changes in reporting coverage. Figures in the first column are
comparable in coverage to those shown for the preceding date;
figures in the second column are comparable to those shown for
the following date.
Less than $50,000.
p
Preliminary.
8,394.2
May 1968
91
.CAPITAL M O VEM EN TS.
Section II - Summary by Countries
Table 3. - Long-Term Banking Claims on Foreigners
(Position at end of period in millions of dollars)
1967
Calendar year
1968
Country
1964E u rop e:
A u s t r i a .............................................................
B elg iu m .............................................................
Denmark.................... ...................................... .
F in l a n d ............................................................
F r a n c e ............................................................. .
Germany............................................................
G r e e c e ...............................................................
I t a l y ..................................................................
N e t h e r la n d s ................................................. .
Norw ay...............................................................
P o r t u g a l..........................................................
S p a in ..................................................................
Sweden............................................................. .
S w it z e r la n d ..................................................
T u rk ey ............................................................. .
U n ite d Kingdom...........................................
Y u g o s la v ia .....................................................
O th er W estern E u r o p e ........................ .
U .S .S .R ..................................... ..................... .
O th er E a s te r n E u rop e........................... .
1965
134.9
86. 5
56.8
1966
77.3
95.1
2 7 .6
1 0 3 .6
28.7
74.5
42.9
129.1
97.9
199-6
5.0
187.6
70.5
63.9
6 6 .1
4 3 .4
6 7 .2
66.3
159.5
50.3
382.7
15.2
274.8
82.4
73.1
109.1
37.3
58.4
193.2
84.0
342.1
7.3
221.9
90.2
72.4
93.4
37.5
.8
2 .0
8 6 .0
87.4
3.3
19.9
4.4
10.5
1967
October
12.4
73.2
10.5
67.5
4 6 .0
6 1 .2
79.5
58.4
1 .1
November
13.8
73.2
15.9
65.9
44.8
80.2
14.3
73.6
16.5
67.1
47.2
79.6
89.3
107.4
1.9
141.8
63.2
137.0
63.1
48.6
46.2
86.6
97.8
1 .1
6 0 .1
126.0
47.3
42.0
31.9
42.7
36.5
16.4
1 1 .0
1 1 .1
1 1 .1
1 .8
69.5
1.5
55.9
8 .6
1 2 .2
1.5
51.8
12.4
12.4
19.3
December
12.4
73.2
10.5
67.5
46.0
61.2
79.5
58.4
1 .1
50.8
126.0
47.3
42.0
31.9
11.0
1.5
55.9
19.6
12.4
19.3
19.3
1.5
12.2
J anuary
7.2
70.7
9.8
63.7
44.9
53.6
89.8
50.2
1 .1
137.8
44-.8
59.5
31.0
10.3
1.3
56.9
11.9
19.0
February
March p
5.5
70.8
10.7
61.2
46.5
37.2
6 .0
70.6
I O .4
59.1
46.3
34.0
96.9
50.4
.9
110.5
43.0
59.6
25.9
9.7
1.3
54.0
89.0
51.2
1 .0
112.8
46.3
58.3
30.8
10.3
1.3
55.5
1 1.8
1 1 .8
18.9
14.6
13.3
5.5
1 2 .8
19.3
18.4
18.6
19.3
21.4
20.0
2 0 .0
T o t a l E u rop e.................... ...........................
1,719.6
1,591.8'
1,212.5
776.1
908.2
875.9
776.1
764.8
739.1
725.1
C anada................................................. ................ ,
327.3
358.4
25.9
413.3
377.3
376.6
413.3
415.8
399.7
401. 3~
148.4
103.2
150.8
103.4
58.1
60.2
155.8
101.5
53.4
64.9
153.7
98.6
54.5
62.5
153.1
87.1
53.9
60.1
584.0
569.9
6 7.3
181.4
58.8
163.9
551.9
65.9
161.8
77.3
124.5
27.5
73.9
127.3
27.0
13.8
2.6
13.8
2 .6
L a tin A m eric a :
A r g e n tin a .......................................................
B r a z i l . .*..................................... ....................
C h i l e ................................................................
C olom b ia........................................................ ,
Cuba.................................................................. .
M e x ic o .............................................................
Panama.............................................................
P e r u ..................................................................
U ruguay...........................................................
V e n e z u e l a ....................................................
O th er L a t in A m erican R e p u b li c s . .
Bahamas and Bermuda...............................
N e th e r la n d s A n t i l l e s and Surinam
O th er L a tin A m eric a ..............................
T o t a l L a tin A m erica ..............................
A sia :
C hina M a in la n d ..........................................
Hong Kong......................................................
I n d i a ................................................................
I n d o n e s i a .....................................................
I s r a e l .............................................................
Jap an ................................................................
K orea........................................................
P h i l i p p i n e s .................................................
T aiw an .............................................................
T h a ila n d ........................................................
O th er A s i a ...................................................
T o t a l A s i a ...................................................
A fr ic a :
Congo ( K i n s h a s a ) .....................................
M orocco...........................................................
S o u th A f r i c a ...............................................
U n ite d Arab R e p u b lic ( E g y p t ) . . . .
O th er A f r i c a ....................................... .
86.7
169.1
17.5
47.3
.6
5 1 2 .0
80.1
49.1
37.0
1 0 0 .6
99.2
37.2
33.8
5.0
1,275.3
66.3
65.7
1 5 0 .8
146.0
1 5 2 .2
1 1 9 .8
103.4
52.7
73.9
45.1
78.1
60.2
104.5
57.4
65.5
.6
.6
.6
476.8
73.2
89.1
44.2
98.3
119.0
39.2
513.4
71.2
-556.6
67.7
191.6
1 .8
601.9
70.3
182.7
64.9
90.4
128.0
20.7
13.8
2.5
1,295.6
1,345.5
3.8
33.4
8 .0
2 .0
1 5 0 .2
5 0 .2
88.9
124.2
21.4
14.9
2 .0
2 .6
30.9
34.5
28.6
429.9
3.7
144.2
3.4
7.8
34.1
684.5
27.8
444.7
3.9
250.5
4.8
5.3
61.7
835.8
27.0
325.6
4.2
223.4
5.3
14.3
6 .6
.1
3 8 .1
3.2
.1
2 2 .8
.5
1 0 .1
101.4
734.1
.6
6 1 .2
65.5
64.4
65.5
34.0
3.2
589.6
69.1
184.8
65 .O
88.4
125.9
20.7
34.0
2.7
601.9
70.3
182.7
64-9
90.4
128.0
20.7
13.8
2.5
1,555.2
1,534.0
1,555.0
1,555.8
1,513.5
1,475.1
2.7
36.0
2.5
38.1
*
18.6
37.0
*
2.8
2.7
36.0
*
2.4
32.6
.5
2.3
34.0
.5
23.1
175.4
51.4
2 2 .6
179.8
48.5
195.2
5.7
18.2
.6
65.0
90.8
129.2
2 1.8
.6
23.0
192.8
46.1
.6
22.6
.6
20.1
.6
68.0
58.8
104.2
43.6
180.6
5.4
15.7
103.2
179.8
5.5
16.7
104.7
179.8
48.5
195.2
5.7
18.2
104.2
6 1 2 .8
611.7
608.6
612,8
606.0
5.4
18.1
106.3
617.1
.9
.9
53.0
.9
.9
1 .0
1.0
.9
.9
1 .0
11.9
4.0
118.2
1 5 1 .0
1 6 0 .0
34.8
8.3
187.6
204.0
6.8
1.0
48.8
8.0
178.9
176.9
34.8
8.3
187.6
176.2
48.4
202.0
200.6
5.8
18.2
99.8
40.8
.7
268.6
244.6
35.4
280.0
2 3 2 .6
240.5
235.7
232.6
114.8
1 9 6 .6
268.7
32.7
273.6
30.8
273.2
33.0
268.7
32.7
34.1
34.3
T o t a l o t h e r c o u n t r i e s .........................
1 2 1 .6
30.4
227.0
300.1
31.7
268.6
6 .8
331.2
3 0 1 .^
334.4
306.2
.301.4
302.7
302.9
2 .8
2.9
2.9
2.8
2.8
2.9
4,516.9
4,179.7
3,894.8
3,979.0.
3,960.8
3,894.8
3,832.8
3,768.7
P
*
Preliminary.
Less than | 50,000.
.7
1 .0
226.3
228.9
.7
3.Q8,7619.5
231.9
207.8
4,284.7
24.0
171.7
57.1
196.2
5.4
18.3
8.3
176.3
227.1
155.9
I n t e r n a t i o n a l and r e g i o n a l 1. ..................
1.9
33.6
2.5
37.0
8.5
179.2
...
Grand t o t a l ........................................................
I
40.9
8.5
180.8
O th er c o u n t r i e s :
A u s t r a l i a ......................................................
A l l o t h e r ......................................................
T o t a l A f r ic a
5 6 .8
77.5
125.7
25.5
13.7
2.5
2 .8
3,690.7"
Treasury Bulletin
92
.CAPITAL MOVEMENTS.
Section II - Summary by Countries
Table 4. - Net Transactions in U.S. Government Bonds and Notes by Foreigners]/
(in thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
Country
Europe:
Austria.............................
Belgium.............................
Denmark.............................
F inland.............................
France.... .........................
Germany.............................
Greece..............................
Italy...............................
Netherlands.........................
N orway..............................
Portugal............................
Spain................................
Sweden..............................
Switzerland.........................
Turkey..............................
United Kingdom.....................
Yugoslavia..........................
Other Western Europe...............
1966
1965
5
126
-540
-33
-926
204
-24
1967
-29
-443
- 1,101
241
-92
-20
1968
1967
1968
through
March p
33
-208
-867
-35
1,215
-63
7,835
-1
6
-I 64
October
November
-5
_
-216
56
47
_
-20
-6
-13
-
141
-3
-2,971
-78
-1,638
31
-
410
100
December
-
January
February p
-1
-5
998
_
-105
91
_
1
-2
-2
16
-100
-501
-200
57
_
-2,991
March p
6
-59
-7
-3
-172
356
- 1,301
1,942
3
429
-254
3,768
_
-205,275
_
615
_
-178
-88
- 13,028
-41
-
-98
_
8,959
_
_
_
-
Total Europe.......... .............
85,846
-201,339
37,799
25,501
9,474
-12,815
9,419
9,221
-41
21,619
-5,339
Canada.................................
-14,280
15,638
23,990
-338,120
-1,687
-946
677
-189,045
-63,450
-85,625
24
32
-6
19
-64
-235
-961
17
_
17
97
-54
1,464
-28
-29
-27
9
-2
130
513
-
-5
-25
26
-237
98
28
-2,117
382
594
-115
75
:.77
12
78
-6
-121
215
-19
-229
16
17
18
-109
1,489
1,183
-20
-6
158
79
45
-29
227
_
104
_
_
_
-1,135
1,606
51
-127
582
-119
10
34
-510
-289
114
-318
-20
-19
104
_
_
-647
138
-76
-28
114
197
709
1,130
-
-139
-6
12
2
270
620
-29
-7
135
-219
-1,896
-798
-62
-1,028
-10
12
11
101
3,984
-61
1
_
-2,046
1,992
-49
-5
-146
-23
-105
25
_
-216
-509
11
195
-2
-12
12,611
_
-88
35
4
_
-
-1
-3
-
43
-3
-460
-1
35
_
10
_
_
_
329
-519
12,294
4
-4
-
-131
-131
-421
374
_
4
16
1
_
-
_
_
-
-
-
-
-
"
-
-
- 2 ,5 0 0
-
Latin A merica:
Argentina...........................
Brazil..............................
Ch ile................................
Colombia............................
Cu b a .................................
Mexico..............................
P a nama..............................
P e r u........... .....................
Venezuela......... .................
Other Latin American Republics___
Netherlands Antilles and Surinam..
Other Latin America................
Asia:
China Mainland.....................
Hong Kong...........................
India................................
Indonesia...........................
Israel..............................
Japan................................
Philippines.........................
Taiwan..............................
Thailand............................
Other A s i a ..........................
Total Asia..........................
508
1,116
-48,866
22
141
-15,719
9,998
17
139,205
_
784
-
Africa:
Congo (Kinshasa)...................
-268
16
-30
-215
-22
-1,534
_
31,841
_
189
_
338
-105
-2
410
4,240
_
4,318
213
42,837
-
10
_
-3
-460
_
328
-178
8
-506
_
4,186
Total Africa........................
32
-5 0 2
4,186
Other countries:
Australia...........................
All other...........................
68
9
-19
-7
-2
1
-
-
-
Total other countries.............
77
-2 6
-2
1
-148,393
-2,722
-
-428,682
1,718
-
-81,583
-40,339
502
-1 3 0
1,155
Total international and regional.. -151,115
-426,964
- 121,420
-615,829
-43,471
-3 1 1 ,3 8 9
South Africa........................
United Arab Republic (Egypt)......
Other Africa........................
L
3
14
-4
-
-8
-3
-172
_
-12,425
_
_
-107
-2
-221
_
355
_
9,480
_
-14
_
-
2,500
-
-
-
-
-
-
-
-
-
2
- 1,100
4
20
-37
15
_
209
_
25,485
_
-17
-12,997
16
-154
7,872
_
_
17
10
-25
1
_
_
_
-
-
-
-
-
1
-
-
-
1
and regional:
Grand total...........................
1/
p
-75,842
For exclusions see headnote on page 85.
Preliminary.
137
-
724
-
263
-
-1 3 0
_
-3,504
-
-2 3 9
172
-
1,025
172
-3,504
-132
724
263
38
8,557
-19,884
1 0 ,1 7 9
-178,048
-41,762
-91,579
-
j
168
-
May 1968
93
.CAPITAL M OVEM ENTS.
Section II - Summary by Countries
Table 5. - Net Transactions in Long-Term Domestic Bonds,
Other Than U.S. Government Bonds and N otes, by Foreigners
(in thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
1968
1968
Country
1966
1967
through
1965
October
November
December
January
February p
March p
Europe:
Austria............................
Belgium.......................
Denmark............................
Finland............................
France.... ........................
Germany............................
Greece.............................
Italy..............................
Netherlands........................
N orway.............................
Portugal...........................
Spain..............................
Sweden.............................
Switzerland.....................
Turkey.............................
United Kingdom....................
Yugoslavia.........................
Other Western Europe.............
U.S.S.R............................
Other Eastern Europe.............
3,207
51,195
-87
-123,430
44
22,225
2,644
24
50,700
76,315
29
16,668
14,971
-3,581
349
1,284
8,547
129,545
-50
444,632
1,241
12,543
-42
-1
343
8,203
-3,594
7
17,093
42,665
7
4,362
50
23,051
606
9 22
134
1,883
16,023
4,808
-25
123,518
-3
1,904
303
7,013
4,718
-12
3,843
1,885
238
68
-74
800
32,068
-2
-299,805
12,814
233
41,334
421,276
1 5 ,1 6 2
4,322
-22
113,870
32,033
277
21,199
8,911
-9,147
16
-1,124
9,313
1 8 0 ,9 8 6
120
-337,412
5
2,706
3 8 ,1 1 1
25,530
-3
27,089
14,823
1 8 ,2 4 8
106
-142
8,757
124,736
-15
-44
881
41
-71
1,205
108
1,203
183
13,119
362
8,021
5,028
-235
81,798
-
421
-
-
999
580
3,259
709
6,735
98
-223,680
4,760
-203
314
-139
-509
345
17,725
-7
15,924
326
-246,822
-
-
10,358
3,966
6
3,648
2,215
8,718
-36
-55
1,386
40,487
-
25,799
-208,605
47,756
95,500
243,978
Canada...............................
-4,492
- 6 ,5 0 6
40,178
23,592
4,788
7,080
11,973
12,531
7,363
257
378
84
-175
164
246
-134
2,103
10
152
52
226
7
69
6
-9
10
163
529
19
-3
5
-54
1,217
-120
9
161
30
37
2
49
1,379
71
-40
245
-32
1,599
2,665
63
-95
-12
-63
4
4
101
16
13
-5
53
-2
-
-
Latin America:
Argentina..........................
Brazil.............................
Chile..............................
Colombia...........................
Cuba...............................
Mexico.............................
Panama.............................
Pe r u ...............................
Uruguay............................
Venezuela..........................
Other Latin American Republics...
Bahamas and Bermuda..............
Netherlands Antilles and Surinam.
Other Latin America..............
Total Latin America..............
- 1 ,2 1 2
213
-311
10
-1
644
-567
-2 8
226
454
251
3,063
- 2 ,8 2 6
214
124
-43
535
92
624
10,347
3,345
8,297
80
41
1,199
736
6,875
1 0 ,1 0 1
279
471
117
3,855
-1,371
91
2,264
2
-28
224
-75
2,883
345
9
1,501
422
3 0 ,7 0 2
2,675
5,774
1,848
6,229
738
2,081
-144
1,676
-544
-450
-2
16
-1,158
2
_2
323
198
51
-
-140
-9
-45
1
-435
-
30
15
121
2,697
-19
35
17
1,369
3,946
39
19,001
27
109
-6
45
6
5,043
58
3
-
129
-
81
-74
10
-
441
967
Total A s i a .........................
5,094
4,673
-2
-61
116
-204
40
-13
-42
74
153
1
-2,879
-2,934
Other countries:
Australia..........................
All other..........................
-143
Total other countries............
Preliminary.
-1,187
-5
-414
-285
10
13
47
-2
966
-549
65
-2 2 1
2 ,4 6 0
p
152
_
_
283
-675
11
195
284
95
1,388
365
26
16,304
1
1
Grand total.........................
-960
_
233
131
71
140
24
-43
18
14
16
-4
131
Total international and regional
102
3,698...
159
-2
International and regional:
International.................... <
European regional............... .
Latin American regional.........
Asian regional...................
_
18,386
86
869
18
Total Africa......................
-
1,050
Asia:
China Mainland....................
Hong Kong..........................
India..............................
Indonesia..........................
Israel............. ...............
Japan..............................
Korea..............................
Philippines.......................
Taiwan.............................
Thailand...........................
Other A s i a .........................
Africa:
Congo (Kinshasa)..................
M orocco............................
South Africa......................
United Arab Republic (Egypt)....
Other Africa......................
6,371
6,985
-9
7,108
4,264
8,361
-27
-55
3,114
21,670
1
Total Europe......................
776,888 r
866
3,101
1,898
934
9,933
2,315
-25
21,382
14,579
_
16,333
8,344
1,169
169
-32
4,257
62,579
_
97,013
6,038
1,652
-64
83
2,989
595
March p
165
391“
-18
2 8 ,3 2 2
773
5,197
58
7
233
-10
296
-81
19
-112
-100
_
369
29,558
5,071
-351
3,958
18,915
-41
66
25
3
-5
-
-16
34
18
3
2
139
144
-26
-
3,014
112
10
66
1
-1 1
12
-1
33,839
33,934
3
-22
29
1
56
-2
64
-
-
-7
-
-5
10
-
-33
12
17
-21
618
-19
7
_
-36
.. .5 ,P46.
5
-1
12
-2
14
-1
65
585
14,122
-41
645
-16
-5
11,109
1
-143
650
14,123
604
-21
11,109
3,014
597
-12
20
19
1 4 ,8 1 1
243,649
113,390
-38,035
-9,186
3,091
-4,644
12,835
7,498
-58,368
12,835
122,127
7,498
-58,368
260,991
32,063
-
-27
8,046
14,811
243,649
121,409
-38,035
-9,186
3,091
-4,644
38,294
1,036,049
311,238
415,181
-245,754
-181,501
83,387
Treasury Bulletin
94
PAPTTAT. MOVEMENTS_______________
Section II - Summary by Countries
Table 6. - Net Transactions in Domestic Stocks by Foreigners
( I n th o u s a n d s o f d o l l a r s ; n e g a t iv e f i g u r e s i n d i c a t e n e t s a l e s b y f o r e i g n e r s o r a n e t o u t f lo w o f c a p i t a l from t h e U n ite d S t a t e s )
C a len d a r y e a r
1967
1968
1 968
th ro u g h
March p
O cto b er
8 ,0 6 6
1 2 ,6 3 3
- 1 ,3 2 6
-7 1
6 7 ,6 5 2
68
1 ,1 1 8
3 3 ,7 0 6
2 2 ,4 2 5
653
- 1 3 ,8 7 3
1 ,8 0 3
1 ,1 7 2
2 4 4 ,7 4 5
- 1 ,5 6 8
- 1 1 4 ,8 1 7
-172
2 ,2 6 1
213
293
7 ,7 7 5
1 0 ,0 2 4
4 27
-2 5 4
2 0 ,7 8 8
2 9 ,1 2 6
-2
9 ,2 6 3
2 3 1 ,7 5 7
1 66
-8 5 0
587
-75
8 8 ,2 9 1
122
- 2 2 ,0 9 9
-2
7 ,6 4 5
3 ,0 6 6
685
-3 4 9
-9
5 ,4 7 8
6 ,3 2 1
76
2 ,7 8 2
9 87
-6 2
- 1 ,1 8 7
6 07
314
1 5 ,4 2 3
-8 9
- 1 ,8 5 4
1
1 ,4 0 8
3 24
33
69
1 50
188
17
119
- 6 3 7 ,1 6 3
3 3 3 ,3 6 1
3 8 3 ,0 1 3
3 3 ,6 3 1
9 0 ,1 6 0
8 4 ,9 3 8
7 9 ,5 6 0
6 6 ,5 7 2
2 3 6 ,8 8 1
4 6 ,6 7 6
2 3 0 ,5 0 4
2 6 4 ,4 2 1
9 2 ,2 2 9
1 .2 4 7
4 1 .7 6 0
1 9 .5 5 3
5 0 ,7 3 8
1 6 ,6 7 4
3 ,3 1 4
352
1 ,1 1 3
2 ,8 6 6
-4 9 1
6 ,0 9 2
9 ,1 0 1
1 ,0 5 0
39
1 3 ,6 5 1
-4 7 8
1 5 ,5 0 3
- 3 ,1 6 4
-2 2 7
- 1 ,0 8 6
46
9 70
1 ,8 6 5
45
- 5 ,7 6 9
1 0 ,4 2 4
573
- 3 ,5 1 2
5 ,5 2 6
21 6
4 9 ,0 8 0
2 4 ,9 4 0
1 ,0 6 1
748
-7 1 4
1 ,1 9 7
1 ,2 9 0
13
591
- 7 ,0 6 2
250
-6 9 0
1 ,9 5 3
-7 8 7
- 7 ,0 3 2
2 ,8 4 8
1 ,3 2 2
71
326
324
-2
39
1 ,3 2 7
- 2 ,5 1 2
28 6
553
-4 9 6
204
1 6 ,6 3 6
1 ,2 0 9
-9 9
491
82
125
1 8 ,1 8 1
1 3 ,2 3 9
763
108
-9 9
356
886
13
1 ,0 5 9
-5 6 1
191
677
1 ,0 3 9
984
9 ,0 0 0
1 ,7 1 0
235
2 88
-2 2 4
15
512
775
43
- 1 ,3 2 0
1 ,8 3 7
-2 8 1
- 4 ,6 3 7
6 ,0 8 6
161
-1 5 0
-5
2 44
418
21
-8 7 9
4 ,2 6 5
344
-3 0 6
1 ,1 6 1
352
-3 9 1
475
-3 9 7
U ru guay................................................................
V e n e z u e la ...........................................................
O ther L a tin Am erican R e p u b l i c s . . . .
Bahamas and Bermuda...................................
N e th e r la n d s A n t i l l e s and S u r in a m ..
O ther L a tin A m erica ...................................
655
-1 1 5
113
1 ,5 3 5
-4 8 7
- 4 ,2 4 7
2 ,2 8 9
- 1 ,1 8 0
- 6 ,3 8 6
6 ,9 6 3
-9 8 4
- 1 ,1 3 5
-1 0 ,7 8 0
127
-3 0 4
- 2 ,1 6 9
-1 5
-9 4
3 04
157
- 5 ,4 2 1
-9 0 5
928
-1 6 4
- 4 ,3 3 2
74
- 1 ,2 7 3
6 10
- 1 ,9 2 8
- 1 0 ,6 1 1
2 ,0 4 3
159
T o t a l L a tin A m erica...................................
- 1 3 ,6 3 2
4 8 ,7 2 1
8 4 ,3 7 9
- 6 ,0 7 3
1 7 ,8 6 6
5 ,9 2 9
3 7 ,5 3 8
1 5 ,5 9 8
- 7 ,4 8 0
- 1 4 ,1 9 1
11
1 1 ,2 7 5
-1 4
19
1 ,1 6 6
549
-3
3 0 ,5 0 2
60
-4 6 9
2 ,0 4 9
1 ,9 2 4
47
855
1 ,7 7 9
270
1 1 ,9 6 2
38
54
-6 6
-1 0 9
1 ,4 6 7
978
29
3 ,5 8 7
-4 8 5
58
3 ,7 0 9
47
1 ,6 1 9
34
777
159
2
258
57
55
304
5
2 ,1 7 6
17
-1 0
924
-8 0
1
555
10
563
2 ,5 3 5
28
2 ,0 0 1
- 2 ,2 1 6
-6 0
8 ,4 7 3
7
1 ,4 8 0
-1 0 6
12
2 ,6 2 0
2 ,5 4 6
16
-8 3
31
-2 9 9
7 ,5 5 3
-9
384
27
8
564
17
63
1 ,1 3 2
36
2 ,8 6 4
24
-5 7
681
641
2
390
-1 1 2
26
75
2
-5 2 1
-5 6
-5 1
833
565
8
1 ,4 1 8
7
-3 0
2 ,9 7 2
- 2 ,2 8 9
-3 4
-1
-4 7
-2 2 8
19
'1 ,7 7 9
-3 8 0
62
662
1 9 ,2 0 0
1 3 ,7 7 7
4 8 ,9 7 9
9 ,2 6 0
3 ,2 8 8
6 ,6 9 6
4 ,2 1 5
4 ,5 7 0
5 ,1 4 7
-457
104
163
-2 2 1
70
598
80
65
-1 5 7
16
-2 6 6
-2
-4 9
20
12
-1
-2 1 0
4
2
-1 3 1
5
245
41
-4 1
10
2 ,7 8 8
-301
25
-5 5
450
3,141
8
-9
-1 5
2
306
-2 7
55
U n ite d Arab R e p u b lic ( E g y p t ) .............
O ther A f r i c a ....................................................
111
192
-3 6
-3 6
- 1 ,5 7 7
1
208
145
T o t a l A f r i c a ....................................................
- 1 ,3 4 6
714
-2 6 2
3 ,2 9 9
292
-2 2 8
125
2 ,7 9 8
-6 4
565
- 1 ,2 7 4
2 ,9 7 4
297
2 ,6 2 8
-7 8 7
4 ,0 7 0
-2 1 6
1 ,1 8 7
32
230
3
361
-8
-1 0
-6 2
842
-3 5
196
-1 1 9
149
1 ,7 0 0
2 ,9 2 5
3 ,2 8 3
97 1
262
364
-1 8
780
161
30
6 ,0 1 1
25
7 ,1 9 6
-
1 4 ,0 4 8
49
1 ,1 3 9
-
1 ,5 2 3
-
-4 4 9
-
950
-
1 ,1 6 7
-
282
-
-3 1 0
-
6 ,0 3 6
7 ,1 9 6
1 4 ,0 9 7
1 .1 3 9
1 ,5 2 3
1 ,1 6 7
282
-3 1 0
- 3 3 3 ,3 2 6
7 4 8 ,2 5 8
4 8 3 ,8 3 8
5 8 ,1 0 9
-4 4 9
1 4 4 ,2 3 2
95 0
- 4 1 3 ,2 9 9
1 4 7 ,3 0 1
1 5 5 ,2 1 1
8 1 ,2 9 2
2 4 7 ,3 3 5
C ou n try
E u ro p e:
A u s t r i a ................................................................
B e lg iu m ................................................................
F i n l a n d ................................................................
F r a n c e .......... ........................................................
Germany................................................................
G r e e c e ..................................................................
I t a l y .....................................................................
Ne t h e r l a n d s ......................................................
Norw ay..................................................................
P o r t u g a l..............................................................
S p a in .....................................................................
Sw eden..................................................................
T u rk ey...................................................................
U n ite d Kingdom.............................. ................
Y u g o s la v ia .........................................................
O th er W estern E u ro p e................................
O th er E a s te r n E u rop e................................
L a tin A m erica:
A r g e n tin a ...........................................................
B r a z i l ..................................................................
C h i l e .....................................................................
Cuba.......................................................................
M e x ic o ..................................................................
Panama........................... .......................................
A s ia :
China M a in la n d ...............................................
I n d o n e s ia ...........................................................
I s r a e l ...................................................................
K orea.....................................................................
P h i l i p p i n e s ......................................................
O th er A s i a .........................................................
1965
196 6
1967
- 3 ,0 7 0
- 1 3 ,3 0 2
-1 9 0
157
- 2 ,7 4 8
1 0 ,3 4 8
-9 2 3
- 6 ,9 4 7
- 1 1 ,4 5 8
- 1 ,6 3 2
8 ,1 6 4
- 2 ,6 2 1
- 4 ,0 3 4
- 3 7 ,1 2 7
-3 7 7
- 3 9 8 ,1 8 9
-4 4 7
- 7 ,4 4 4
-9 3
3 ,0 0 9
- 2 ,5 5 7
399
1 34
- 1 2 ,6 2 4
7 , 501
1 97
- 6 ,3 8 3
- 4 5 ,4 8 8
1 ,8 1 2
6 ,1 0 5
3 ,9 7 0
- 1 ,1 2 5
- 6 4 ,0 6 9
- 4 ,6 4 3
- 5 2 4 ,2 7 0
-763
1 ,6 2 6
-3
9
- 4 7 1 ,9 3 3
,448
-24
November
2 ,8 4 2
2 ,5 2 6
128
-1 5
8,032
3 ,9 0 3
-18 9
7 ,6 4 5
164
1 ,6 1 1
22
1 ,9 5 4
166
5 5 ,2 5 1
1 59
2 ,4 2 4
-0 9
3 ,5 3 7
2,040
Decem ber
916
1 ,2 4 3
71
-1
6 ,4 5 1
6 ,2 6 3
-6 2
7 ,8 9 7
5 ,9 6 7
175
J a n u a ry
F eb ru a ry p
-5 7 2
-2 7 5
6 0 ,3 9 8
-1 9 9
- 2 ,8 7 9
4 ,3 2 9
2 ,6 6 2
281
-1 2
5 ,5 4 4
9 ,8 9 1
-3 7
2 ,4 4 2
1 1 ,1 4 5
-1 2 0
-4 1
-9 1 5
80
4 4 ,9 8 5
12
-5 ,6 3 2
2 ,0 0 4
1 ,9 3 5
1 14
-2 1 8
1 1 ,5 1 6
9 ,2 2 2
-1 1 9
2 ,5 8 9
1 0 ,0 6 5
291
-53 8
483
-1 5 3
3 1 ,0 1 2
5
- 5 ,0 4 4
36
4 ,7 5 8
3 ,3 9 1
-641
242
March p
1 ,4 4 2
5 ,4 2 7
32
-2 4
3 ,7 2 8
1 0 ,0 1 3
154
4 ,2 3 2
2 1 0 ,5 4 7
-5
-2 7 1
1 ,0 1 9
-2
1 2 ,2 9 4
105
- 1 1 ,4 2 3
-2
-5 0 4
366
801
A fr ic a :
M orocco................................................................
O ther c o u n t r ie s :
A u s t r a l i a ...........................................................
T o t a l o th e r c o u n t r i e s ..............................
I n t e r n a t i o n a l and r e g i o n a l :
I n t e r n a t i o n a l .................................................
European r e g i o n a l ........................................
T o t a l i n t e r n a t i o n a l and r e g i o n a l . .
p Preliminary.
41
108
11
-
May 1968
95
_________________________________________ CAPITAL MOVEMENTS__________________________________________
Section II - Summary by Countries
Table 7. - Net Transactions in Long-Term Foreign Bonds by Foreigners
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
1968
1967 .
1968
1965
1966
1967
1,247
9,787
-8,855
-25,842
23,887
9,138
15
10,522
3,488
-4,073
-20,004
-281
-34,244
85,147
-147
-43,759
-29,588
_
102
-16,064
74,042
4,137
1,009
28,322
-8,576
14
59,797
-1,759
-969
-11,481
-332
- 8,422
62,582
-327
-6,764
528
-81,867
_
2
-13,299
33,234
-16,161
-10,376
30,156
37,479
2,101
31,683
-3,931
-1,650
1,754
-3,499
-1,561
53,914
-49
31,790
400
-32,112
_
52
-23,460
93,872
139,925
783
2,894
499
3 ,3 9 2
”6;
-829,023
-750,842
- 2 1 3 ,5 6 0
-134,882
9,470
-108,663
- 1 0 6 ,6 2 4
1
1—1
O
•P"
Country
-6,534
2,633
1,233
1,788
-4
-31,019
1,661
801
2,852
-5,017
208
-2,688
-1,981
883
-35,184
-4,651
19,315
3,299
280
-1,905
311
-19,266
3,166
3,203
-8,007
-16,941
3,793
254
-17,149
15,907
13,327
2,246
-1,137
-10,728
995
-1,618
-83
16,239
-1,633
2,713
1,398
-2,480
35,146
-1 1 6
4 38
320
-4 9
-53
1,130
386
20
_
-6,049
58
-428
203
-191
144
-383
41
-210
-5,332
-80
232
122
-1
3,250
-4
69
-585
-99
133
-5
30
322
-194
11
-307
-86
-58
161
-23
-210
-111
-1,142
-154
-364
-99
403
-9
-874
-2
-247
242
31
-104
-174
-38
-151
-74
-176
84
173
Indonesia...........................
Israel..............................
Japan...............................
Korea...............................
Philippines.........................
T aiwan..............................
Thailand............................
Other A s i a ..........................
837
5
-22
-76,273
-48,250
-14,124
-1
6,990
-10,675
1,393
1,252
-14
-54,802
8,552
-1,549
739
9,790
30,004
_
2,534
-2,657
-13
-180,947
-5,994
1,000
-4,420
1,761
365
35,509
- 2 ,0 0 0
- 1 5 ,8 9 6
2 ,5 6 3
1
-612
3
-533
8 ,0 0 0
_
-212
-3
-3,958
212
_
179
-1
186
_
47
8
_
-7,413
191
_
267
_
-99
-65
_
-140
2
-17,372
-13,275
_
_
-17
-427
-112
_
-164
800
-2,000
-10,306
677
_
-623
1
-270
-306
Total A s i a ..........................
-141,513
-4,635
-152,862
- 6 ,8 6 0
-3,597
-7,064
-31,341
-12,191
M orocco.............................
South Africa.......................
United Arab Republic (Egypt).....
Other Africa.......................
2
9
4,476
-2
-1,076
-1
26
4 ,466
11,542
11
212
2,357
-1
-14,766
_
925
-
9
1 2 ,9 9 8
3
16
104
213
-13
Europe:
Austria.............................
Belgium.............................
Finland.............................
France.... .........................
Germany.............................
Greece..............................
Italy...............................
Netherlands.........................
Nor w a y..............................
Portugal............................
S pain...............................
Sweden..............................
Turkey..............................
United Kingdom.....................
Yugoslavia..........................
Other Western Europe...............
4,582
1 ,1 1 7
- 5 ,0 3 0
465
7 ,6 7 8
_
1 5 ,2 4 0
-5 0 0
5 ,3 9 4
-7
,908
November
-15,349
6,814
-9,201
476
5,639
5,497
98
8,644
2,608
2,330
-418
-120
2,283
6,529
5,050
_
-20,097
_
-
60
608
236
459
80
1,043
-
430
-173
17
159
2
-199
-363
1
533
_
1
_
-
December
134
1,034
1,395
422
870
-248
_
354
-279
708
-24
-115
-184
-4,090
-1
342
-100
282
_
-1
J anuary
February p
57
-87
487
877
-2,350
3,475
872
-1 2 4
2,025
439
-242
- 3 ,8 2 2
-
2 ,2 0 9
_
-424
_
-
156
3 ;,459
1,,103
-791
,729
J■
2,,637
_
4,,280
-48,,598
156
31
10
545
15:,843
8 :,061
_
2;,828
_
-
—
1
-823,238
467
1 1 ,4 1 1
- 6 ,3 1 0
2 ,9 0 5
2 , 508
7 ,5 1 2
1 ,0 2 7
- 7 ,4 4 9
- 4 8 ,9 2 5
October
r
m
Canada................................
through
March p
,211
Latin America:
Brazil..............................
Chile...............................
Colombia............................
Mexico..............................
P a nama..............................
Uruguay....................... .
Other Latin
Bahamas and
Netherlands
Other Latin
American Republics....
Bermuda................
Antilles and Surinam..
America................
Total Latin America................
Asia:
China Mainland.....................
- 4 1 ,2 1 1
2 ,7 4 1
-7 9 1
-3 3
2 ,2 2 2
952
- 1 ,4 4 5
- 1 ,3 2 8
-1 7 2
- 3 8 ,4 7 2
-1 6 0
1,774
-3 7 0
-30
271
184
-80
_
-6,,125
2,945
-269
-20
9
64
262
-1.,887
-180
-4,856
_
119
-3;,540
752
1
29
-99
25
-2,,713
March p
254
8 ,0 3 9
-7 ,9 0 0
2 ,8 1 9
1 ,1 2 9
1,400
1 ,0 2 7
- 1 2 ,6 0 1
-2 0 3
2,401
647
- 5 ,0 4 0
162
- 4 ,3 4 3
4 ,9 7 0
-5 0 0
2 ,9 9 0
- 4 .7 4 9
-2,725
13
34
141
1
- 3 5 ,1 1 7
-1 0 0
-3 4 8
25
2 ,3 6 4
962
- 1 ,5 3 1
475
-1 6 5
- 3 3 ,2 4 6
-
-115
974_
- 2 ,0 5 0
1 ,1 3 4
-1 8
2
-I64
8 ,2 8 1
8 .0 4 4
Afr i c a :
Total Africa.......................
3,409
16,033
-12,187
1 3 ,9 2 3
123
229
-13
955
-1,333
-378
Other countries:
Australia...........................
All other...........................
-42,291
-14,996
20,376
-21,850
2 ,3 3 3
223
1,061
693
1,583
-20
-632
369
1,047
48
196
-205
1 ,0 9 0
380
Total other countries.............
-57,287
-1,474
-10,236
-15,485
-25,721
2 ,5 5 6
1,754
1,563
-263
1,095
-9
1 ,4 7 0
European regional..................
Latin American regional...........
-153,219
-11,573
-
-111,473
-20,339
-40,000
-264,207
-16,280
-111,911
- 9 1 ,3 9 8
123
3 ,6 0 2
12,842
419
-
3,621
120
-40,700
3,048
101
-7,500
- 6 4 , 213
6,,307
46
3, ,602
- 3 3 ,4 9 2
13
-
Total international and regional..
-164,792
-171,812
-392,398
- 8 7 ,6 7 3
13,261
- 4 ,3 5 1
- 6 4 ,1 4 9
9 ,,955
- 3 3 ,4 7 9
- 1 ,2 4 2 ,0 6 5
-914,188
1,158,939
- 3 3 7 ,9 9 4
-127,890
-36,959
-29,978
-143,890
-179,225
-108,,354
- 5 0 ,4 1 5
7
-
_
-5 8
28
-
-
89
14,242
31
1 4 ,2 7 0
International and regional:
p Preliminary
64
-
Treasury Bulletin
96
.CAPITAL MOVEMENTS.
Section II - Summary by Countries
Table 8. - Net Transactions in Foreign Stocks by Foreigners
(in thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
1967
Calendar year
Country
Europe:
Austria.............................
Belgium.............................
Denmark.............................
Finland.............................
F rance.... ..........................
Germany.............................
Greece..............................
Italy................................
Netherlands.........................
Norway..............................
Portugal............................
S pain................................
Sweden..............................
Switzerland.........................
Turkey..............................
United Kingdom.....................
Yugoslavia..........................
Other Western Europe...............
Other Eastern Europe...............
Canada................. ................
Latin America:
Argentina...........................
Brazil ............. ................
Chile................................
Colombia............................
C u b a .................................
Mexico.................. ............
Pana m a..............................
P e r u ........... .....................
Uruguay......... ... ................
Venezuela...........................
Other Latin American Republics....
Bahamas and Bermuda................
Netherlands Antilles and Surinam..
Other Latin America................
1968
through
March p
1965
1966
1967
-13
4,967
274
-261
-17,729
27,459
5
789
90,199
-116
85
1,078
5,631
14,786
205
4,600
-505
440
_
22
-653
-2,323
12
-59
7,283
27,517
-205
-1,360
92,039
-37
249
189
5 / 775
22,556
-499
-31,317
4
803
_
2
-58
-1,827
40
-1,301
-52,273
-23,554
41
-7,698
48,361
-389
107
-6,491
1,106
-16,289
-54
-78,610
2,405
_
-
131,916
119,976
-1 36 ,4 84
- 2 4 ,3 9 4
11
5,913
-6,958
164,116
102,608
-19,706
- 2 3 ,4 7 5
j|
-13,560
-3,695
224
-6 7
-785
-151
-2 7 2
655
-143
134
-
-9 6
31
122
-3,150
-77
115
-740
435
-978
481
126
15
159
October
-8
7
-269
24
-1,467
729
3
9
6,483
45
36
-122
4
267
1,013
—
-849
_
-
2 ,4 1 4
-8
8
-1 1 5
6 ,0 8 2
-1 5
1 ,2 9 9
1 6 ,7 0 7
-7 6
-62
-603
-1 3 1
673
-2
- 5 0 ,9 4 4
387
_
-
84
28
-23
13
-
- 2 4 ,5 2 9
8,265
-5 ,5 2 3
-1 0 0
-1,795
-147
6 ,8 6 6
-5 5 6
-100
-19,779
8 ,1 8 0
2,421
- 7 ,7 5 8
15
-215
4
1,575
_
2,598
-5,175
Indonesia...........................
-3 8
3
1
855
1
-1
60
-3 ,0 9 5
-
Hong Kong...........................
-5 2
604
132
46
846
166
-6
-6
467
6,070
-33
45
3
-100
472
4 ,9 2 4
-9,687
-18,223
-2 6
138
1
1 3 ,2 3 8
1
-4 2
-3 63
-1 2 0
-1,045
-25
177
-17
17
-
-30
-8 4
302
112
757
152
_
-2,144
-6 2,39 6
-10
29
-i3
-1
1,116
-14
-1,569
March p
-5,949
316
-
-48
7
-32
February p
-17
-591
-25
2,777
-2
-7,091
38
-
302
-5 0
16
76
-899
-1 0 7
1,44-9
-97 7
-11,441
360
January
-7
-649
176
-25,583
5
290
3,704
-57
-46
27
110
-24,870
-4
-15,704
212
_
-
74
-1 0,929
-6 8 0
468
-6 ,7 1 4
11
-361
-3,722
2,062
341
5,067
2
74
288
-103
469
-2
-1,575
-473
96
December
14
-
-6 5 0
November
-5 5
-7,916
-794
348
-370
89
159
Total Latin America................
1968
6
-13
-1 6
21
-757
-466
-
52
-8
-1
-7
541
-1 4 6
8
3 ,5 9 8
5 ,0 7 0
-3
360
5 ,7 1 3
-2 6
-1 0 7
-1 5
-6
- 1 ,6 3 8
- 3 7 ,9 0 4
33
-
26
49
-6
4
-
-1 2
-9 6
_
652
-1 2 2
-453
-
133
-1 1 3
-13
203
98
-2
-8 8 6
22
-4 8
893
-2 0 9
-1 2
415
2 ,2 2 8
-9 5 9
106
134
_
-
-
-
-
_
1 ,3 8 7
288
b52
-
-
1 ,6 5 8
-2 4
25
587
19
-1 0
-117
27
305
429
-7
-2 2
33
-45
-7,241
85
9
-6 8
-1 4
678
-315
-6,905
Asia:
Korea...............................
Philippines.........................
Taiwan..............................
Thailand............................
Other Asi a ..........................
Total A s i a ..........................
145
9,177
_
-1,012
-13
1
_
-46
10
-13
-2 ,2 1 0
-4
-2
69
-8 5 0
-2
-347
11,615
6
-121
-8
307
-1 8 6
1 0 ,0 6 6
-1,921
490
-1 6
-3 0
20
-7
-7
37
-7 8
2
24
-8,675
224
Afri c a :
Congo (Kinshasa)...................
Morocco.............................
South Africa........................
United Arab Republic (Egypt)......
Other Africa........................
-2 4
-3
57
-7
2 30
1 ,6 7 0
5
-885
-6
323
-1,620
_
-2,883
_
_
75
-5,315
-4 ,3 0 0
_
419
_
-1
7
1,964
14,195
_
_
95
17,647
-2 1
473
-1 7 8
5
-8
-
-3
29
-963
-172
-108
-
534
-469
1
_
-
-902
-4
- 2 ,6 3 1
-110
58
-127
-5
-2
45
50
-3
- 4 ,3 7 1
-155
-276
.
2
-
-4
3
160
-7
103
1
2
-8 38
-1
16
-3 6 0
-2 5
-55
3
2
-2
5
-709
—*+
-1,053
-291
-2
152
1 ,6 0 5
-
11
Total Africa........................
-4 9 9
-322
-1,741
- 4 ,3 1 3
-53
-134
-67
-785
-904
-2 ,6 2 4
Other countries:
Australia...........................
All other...........................
3,373
-4
-110
-62
-1,373
2
82
3
6
203
-
-46
7
47
1
3
1
32
5
Total other countries.............
3,369
-172
-1,371
89
9
203
48
4
37
International and regional:
International.......................
European regional..................
Latin American regional...........
360
-
500
_
-
-372
77
-431
-
-
-
24
-
-5
-
62
-
20
-
-
-
-
2
-
-
-
360
500
-372
77
-431
2
24
-5
20
2 8 9 ,5 4 9
2 2 8 ,8 4 9
-156,763
- 5 8 ,1 0 4
-13,652
-14,467
-60,833
-10,677
62
-9,508
Total international and regional..
Grand total...........................
p Preliminary.
-46
1
-
- 3 7 ,9 1 9
May 1968
97
____________________CAPITAL MOVEMENTS___________________
Section II - Summary by Countries
Table 9 .- Estimated Holdings of U. S. Government Bonds and Notes
(Position at end of period in millions of dollars)
December
Country
Europe:
Austria.............................
Denmark.............................
Germany.............................
Greece..............................
Italy...............................
Netherlands.........................
N orway ..............................
Portugal............................
Sweden..............................
Switzerland.........................
Turkey..............................
United Kingdom.....................
Yugoslavia..........................
Other Western Europe...............
1964
1965
1966
3
*
14
1
7
1
3
*
14
1
7
1
*
1
6
49
*
2
24
89
3
1
5
98
*
2
40
79
*
414
48
1967
|
1967
13
1
7
1
November
December
January.
3
*
12
1
7
1
3
*
12
1
7
1
9
5
51
*
2
24
91
*
383
3
*
12
1
7
2
*
9
5
51
#
2
24
91
*
380
50
3
*
12
1
7
2
*
9
4
51
*
2
24
91
*
390
50
-
October
3
*
12
1
7
2
-X-
1968
*
2
5
51
9
5
51
*
2
24
91
■x-
2
24
93
50
50
9
5
51
*
2
24
91
*
371
50
-
-
-
-
7
7
7
7
-x-
#
553
380
-X-
February p
3
*
12
1
7
2
*
6
4
49
*
2
24
92
-X-
March p
3
*
12
1
7
2
#
6
4
49
*
2
24
91
*
423
37
7
-
-
7
7
348
50
7
7
415
50
7
Total Europe.......................
721
807
605
643
646
634
643
652
674
669
Canada................................
690
676
692
716
716
715
716
527
463
378
*
*
*
1
#
*
2
*
#
*
*
*
*
1
*
Other Eastern Europe...............
Latin America:
Argentina...........................
Brazil..............................
Chile...............................
Cub a................................
Mexico..............................
Panama..............................
P e r u ................................
Uruguay.............................
Venezuela...........................
Other Latin American Republics....
Bahamas and Bermuda................
Netherlands Antilles and Surinam..
Other Latin America................
Total Latin America................
*
*
*
1
*
1
1
1
*
*
2
4
16
-
49
-
-
7'"
*
*
*
1
*
1
1
*
1
2
4
17
-x-
*
*
1
*
1
2
*
*
1
*
1
#
-
*
2
*
*
1
1
2
16
*
*
*
1
*
1
2
*
*
1
2
2
16
*
-x-
24
24
*
*
*
1
-x-
-x-
1
2
1
*
1
2
2
16
*
1
2
2
16
*
2
*
*
1
1
2
16
*
25
27
25
24
24
*
1
#
1
*
5
*
1
*
1
*
1
*
1
*
9
-
9
-
#
*
*
1
*
9
-
*
*
*
1
*
9
*
*
2
*
*
*
1
*
9
*
*
2
*
51
Asia:
China Mainland.....................
Hong Kong...........................
India...............................
Indonesia...........................
Israel..............................
Japan...............................
Korea...............................
Philippines.........................
Taiwan..............................
Thailand............................
Other A s i a ..........................
x-
*
2
#
2
*
40
38
38
9
*
*
2
#
51
Total A sia..........................
49
51
50
63
-
-
-
*
-x-
-x-
*
1
-X-
-x-
-x-
2
*
51
2
51
*
1
2
2
18
*
.... 25
1
-x-
*
1
*
2
*
*
1
2
2
18
*
#
1
2
2
18
*
26
25
*
#
*
1
*
9
*
-*
2
*
51
*
*
*
1
*
9
*
*
2
#
51
51
63
_
*
*
*
*
*
1
*
9
*
*
2
*
63
63
63
63
62
-
_
_
-X
-X*
_
*
■x*
_
*
*
•X-
*
*
_
*
*
*
22
19
19
19
19
19
22
19
19
19
19
19
Afr i c a :
Congo (Kinshasa)...................
Moro c c o ...............................................................
South Africa ...................................................
United Arab Republic (Egypt) ............
Other Africa ...................................................
*
*
-
*
*
*
*
16
16
15
19
Total Africa ...................................................
16
16
15
19
Other countries:
Australia ..........................................................
All other...........................
1
1
1
1
1
1
*
1
1
*■
1
#
1
Total other countries.............
1
1
1
1
1
1
1
1
1
1
International and regional:
International......................
827
679
250
168
16°
16°
168
168
168
-
-
-
-
~
“
-
76
74
75
-
-
-
35
1
38
1
35
1
35
1
36
1
36
1
903
752
325
204
207
204
204
204
205
205
2,405
2,329
1,713
1,670
1,679
1,659
1,670
1,491
1,450
1 ,3 5 8
Latin American regional...........
Total international and regional. .
*
*
%
*-
Note: Data represent estimated official and private holdings of U.S. Government securities with an original maturity of more than one year, and
are based on a July 31, 1963 survey of holdings and regular monthly
reports of securities transactions (see Table 4). For exclusions see
*
*
p
-X-
-X-
168
qA
±
T
headnote on page 85Annual and monthly data are shown in this
section beginning with the February 1964 issue of the Bulletin,
Less^than $500,000.
Preliminary.
Treasury Bulletin
98
.CAPITAL M OVEM ENTS.
Section III - Preliminary Details by Countries
Table 1. - Short-Term Banking Liabilities to Foreigners as o f March 31, 1968 y
(Position in thousands of dollars)
S h o r t-te r m l i a b i l i t i e s p a y a b le in d o l l a r s 2 /
C oun try
T o ta l
sh o r t
term
lia b ilitie s
To f o r e i g n banks and o f f i c i a l i n s t i t u t i o n s
y
T o t a l E u ro p e...............................................
15,328,930
14,589,993
C anada...................................................................
2,791,338
2,449,763
1 ,8 9 6 ,2 0 1
434,597
139,277
3 0 0 ,9 2 1
2 1 9 ,1 6 1
263,134
157,345
8,380
720,736
92,094
53,733
934
418,298
16,119
70,660
35,445
295,965
290,967
125,554
27,241
98,159
190,397
89,244
52,797
934
223,909
L a t in A m eric a ;
A r g e n t in a ......................................................
B r a z i l ..............................................................
C h i l e ...............................................................
C olom b ia..........................................................
Cuba...................................................................
M e x ic o ............................................................. .
Panama...............................................................
P e r u ....................................................................
U ru guay........................................................... .
V e n e z u e la ..................................... ................ .
O th er L a t in A m erican R e p u b l i c s ..,
Bahamas and Bermuda.............................. .
N e th e r la n d s A n t i l l e s and Surinam ,
O th er L a t in A m eric a .............................. .
T o t a l L a t in A m eric a .............................. .
A sia :
C hina M a in la n d ............................................
Hong K ong........................................................
I n d i a ..................................................................
I n d o n e s ia ........................................................
I s r a e l ................................................................
J a p a n ..................................................................
K o rea ..................................................................
P h i l i p p i n e s ....................................................
T aiw an .................... ..........................................
T h a ila n d ...........................................................
O th er A s i a ......................................................
1 3 6 ,8 4 2
258,041
142,556
729,670
578,952
242,271
8 6 ,1 6 0
18,807
149,499
493,808
189,572
135,067
1,086,639
2,272,149
112,071
1,535,188
260,875
347,686
308,705
68,339
505,184
1,422,463
25,488
5,314,459
51,270
274,902
3 ,8 0 6
32,823
37,968
286,697
62,341
51,356
501,019
227,235
72,846
329,718
32,420
75
2 9 5 ,1 8 6
28,689
936
36,631
3.1,022
94,137
296,273
37,300
113,314
2,494,014
170,855
199,430
194,739
662,641
30,662
72,063
56,421
35,147
89,447
1,219,697
158,472
6 4 8 ,5 6 0
237,014
291,965
5 6 ,0 8 6
17,320
108,202
3,810
139,993
970
1 0 0 ,9 8 8
1 1 ,0 4 2
45,436
1 ,2 9 0
27
23,677
1 2 ,1 0 2
190
44,130
29
7
217
1,833
29
18
712,877
50,117
186,844
289,099
267,776
21,603
40,339
11,857
291,029
79,275
168,678
101,379
7,326
283,478
93,650
181,742
99,910
428,309
170
267
312
123
3,987
1,005
877
134
1,213
1,173
64
120
1 ,5 8 8
2 ,0 4 6
1 5 1 ,8 3 0
84
2,160,438
18,363
1 0 0 ,7 8 8
12,059
360
760
217,500
21,314
22,352
53
5,609
131,075
5,433
126,847
773
2 1 ,8 8 8
176
3,455
826
248
647
2 ,1 0 0
4,801
514,460
120,701
187,375
1 0 7 ,0 6 1
2 7 8 ,0 6 2
15,794
25,097
5,575
7,094
4,756
9,369
8,676
1 6 ,4 2 8
2,028
2 1 ,0 6 2
2 ,0 2 8
1 9 ,0 6 6
1 0 ,0 6 6
759,857
12,383
41,472
9,887
39,068
3 ,0 6 8
3 ,0 6 2
2 6 ,2 3 2
94,244
14,153
6,438
113,979
444,020
89,466
14,055
6,427
108,193
3,540
2 ,2 4 6
1
1,434
425,528
5,506
1 2 ,9 8 6
3,907
1 1 ,5 0 0
8 ,4 0 0
4 1 9 ,1 2 1
45,528
135,801
220,794
6 ,5 0 6
28,224
21,671
57,034
17,168
214,869
25,839
18,514
51,416
15,855
166,472
8,670
17,966
46,725
11,533
100,687
1 6 ,6 5 0
59,220
519
548
1,691
1,822
6,565
T o t a l A f r i c a ..................................................
338,966
278,096
1 8 5 ,5 8 1
81,370
11,145
O th er c o u n t r i e s :
A u s t r a l i a .........................................................
A l l o t h e r ............................................... ..
258,046
28,783
243,384
130,296
15,940
1 2 2 ,8 5 0
2 2 ,2 0 2
T o t a l o t h e r c o u n t r i e s ............................
286,829
2 6 5 ,5 8 6
1 1 6 ,2 3 6
1 ,2 5 0 ,2 1 8
1,250,153
10,779
70,654
10,691
127
173,714
10,097
28,054
7,441
127
2,385
3,157
5,513
1 ,0 5 2
141
179
1,352
6
4,637
98
11
878
699
2,385
577
21
2 ,5 8 0
48,306
5,492
1,308
46,510
73
1,723
105
5
91
60,669
58,275
~73~
2 ,3 2 1
201
2 0 ,2 3 8
9 ,0 1 2
5,719
8,741
5,619
100
6,262
171
100
5,650
862
1 2 2 ,8 5 0
2 6 ,5 0 0
14,731
14,360
100
271
6 ,5 1 2
992,773
83,666
682
29,000
95,762
343,549
3 ,0 0 0
2 ,5 0 0
1 3 ,6 0 0
1 ,3 0 8
3,250
1,342,547
1,342,404
219,433
1,009,623
113,348
143
30,057,234
25,654,891
13,952,963
8,097,238
3,604,690
3,639,397
For exclusions see headnote on page 85•
Data exclude the "Holdings of dollars" of the International Monetary
Fund. For explanation see headnote on page 8 5 .
Grand total includes $10,482,801 thousand of demand deposits and
$3,470,162 thousand of time deposits, but excludes negotiable
6 ,1 4 6
1,027
47
2,279,589
1,134,445
y
3 4 ,6 0 8
73,902
1 ,3 8 8
2 ,0 0 1
263,374
1,314,443
2/
56,773
40,969
33,015
22,649
1 4 2 ,9 6 0
66,553
10,663
4,692
2,493,397
y
9
1,398
2,636
5,474
1,097
5,501
3,507
2,353
58
25
4,597
7,755
15
434
66,759
207
75
22
152
17,473
433,543
287,951
109,123
4,942,285
T o t a l i n t e r n a t i o n a l and r e g i o n a l 2 /
2,422
6,520
106
962
5,390,212
Grand t o t a l 2 / ...............................................
6,138
7,392
23
28
664
92,782
37,813
17,005
3 0 0 ,8 6 0
T o t a l A s i a ......................................................
10,779
70,732
10,691
127
26
10,322
409
7
5 8 ,9 0 8
4,911
6,704
137,389
737
144
955
A fr ic a :
Congo ( K in s h a s a ) .......................................
M orocco..............................................................
S ou th A f r i c a .................................................
U n ite d Arab R e p u b lic ( E g y p t ) ..........
O th er A f r i c a ..................................................
I n t e r n a t i o n a l and r e g i o n a l :
I n t e r n a t i o n a l 2 / . . 7 .......... ......................
European r e g i o n a l .....................................
L a tin A m erican r e g i o n a l .......................
A sia n r e g i o n a l ............................................
A fr ic a n r e g i o n a l ........................................
8 ,3 6 8
338
95
300
3,804
6 2 ,2 9 0
O th er
1,578
22
6
50
162
34
7,594
11
18
4 1 ,8 5 0
1 6 1 ,6 9 8
1 4 0 ,8 1 1
80,547
169,867
103,548
7,446
4,215
31,751
T r e a su r y
b i l l s and
c e r tif
ic a t e s
S h o r t-te r m
lia b ilitie s
p a y a b le
in
fo r e ig n
c u r r e n c ie s
1,954
58
57
478
520
7,665
4,667
384
57,000
15,845
1,380,430
1 1 ,5 4 6
1 8 6 ,4 8 8
2 ,8 5 0
1 0 9 ,9 8 0
1,786,764
763,973
949,838
111,117
9 6 ,4 2 8
1 5 ,3 8 2
4,078,412
2 0 8 ,8 9 2
6 6 9 ,0 8 0
1,944,761
409,289
34,250
70,516
34,490
295,003
182,564
4,579
4 2 ,1 6 8
442,445
357,400
213,683
7,661,685"
47,431
37,661
45,521
70,311
121,459
250,314
33,225
71,686
4,983,547
1,102,490
133,015
43,528
D e p o sits
u
43
6 ,0 0 0
85,049
3,642
26,286
T o ta l
5,758
13,058
23,949
762,032
285
159,770
4,184
93,425
164
6,494
1,794,600
1 2 ,8 3 6
O th er
9,077
3,811
70,850
70,685
42,390
37,039
30,124
36,732
79,450
60,883
19,682
215,336
3,837
207,800
999
12,299
217
1,880
4 6 4 ,1 6 1
116,314
117,670
302,947
55,281
123,835
446,748
25,203
4,745,400
1 ,2 1 0
39,328
123,380
2,536,364
173,923
294,373
6 4 ,1 0 0
169,450
81,710
13,400
3 6 1 ,0 1 2
1 ,3 1 6
2 2 5 ,4 6 0
3 1 8 ,8 0 8
T r e a su r y
b i l l s and
c e r tif
ic a t e s
D e p o sits
2,350,589
154,476
1,572,661
357,758
384,625
388,230
129,244
525,018
1,648,841
29,325
5,567,695
52,269
439,031
4,023
34,703
1 ,1 6 2 ,0 8 6
u. s.
u. s.
T o ta l
E u ro p e:
A u s t r i a ...........................................................
B e lg iu m ...........................................................
Denmark...........................................................
F in la n d ...........................................................
F r a n c e ..............................................................
Germany...........................................................
G r e e c e ..............................................................
I t a l y ................................................................
N e th e r la n d s ..................................................
Norway..............................................................
P o r t u g a l.........................................................
S p a in ................................................................
S w eden..............................................................
S w i t z e r l a n d .................................................
T u rk ey .............................................................
U n ite d Kingdom..........................................
Y u g o s la v ia ....................................................
O th er W estern E u ro p e............................
U .S .S .R ...........................................................
O th er E a s te r n E u ro p e...........................
154,106
536,640
198,707
138,903
To a l l o t h e r f o r e i g n e r s
y
time certificates of deposit, which are included in "Other."
Grand total includes $1,584,305 thousand of demand deposits and
$2,055,092 thousand of time deposits, but excludes negotiable
time certificates of deposit, which are included in "Other."
323,*35"
99
May 1968
CAPITAL MOVEMENTS
S ection III - Prelim inary D etails by Countries
Table 2. - S hort-T erm Banking Claims on Foreigners as o f March 31, 1968 1/
( P o s i t i o n i n th o u sa n d s o f d o l l a r s )
Short-term claims payable in foreign currencies
Short-term claims payable in dollars
Loans to:
Total
short
term
claims
Country
Total
Europe:
Belgium...........................
Denmark...........................
Finland...........................
France............................
Germany...........................
Greece............................
Italy.............................
Netherlands......................
Norway............................
Portugal..........................
Spain...........................
Sweden.................... .......
Switzerland......................
Turkey............................
United Kingdom...................
Yugoslavia.......................
Other Western Europe............
U.S.S.R...........................
Other Eastern Europe............
7,452
57,537
38,698
76,789
59,094
115,721
14,195
58,426
30,739
54,811
16,333
75,519
59,149
76,164
28,079
240,732
14,838
10,925
1,349
23,428
28,076
198,382
14,834
10,268
1,343
23,428
Total Europe.....................
1 ,059,978
928,271
526,811
433,964
Canada..............................
Latin America:
Argentina.........................
Brazil........................
Chile.............................
Colombia..........................
Cuba..............................
Mexico............................
Panama............................
P e r u ..............................
Venezuela.........................
Other Latin American Republics..
Bahamas and Bermuda.............
Netherlands Antilles and
Surinam..........................
Other Latin America.............
62,438
Other
Collections
outstanding
for own
account and
domestic
customers
Accept
ances
made for
account
of
foreign
ers
Total
51
3,025
169
2.
1,322
3,876
845
1,774
3,001
955
1,179
1,169
2,711
6,633
49,744
82
1
474
807
5,268
854
73
8,.764
43,421
441
6,248
5,285
170
747
2,218
13,726
3
42,350
4
657
6
-
170
671
2,212
12,574
36,829
4
283
280
20,428
68,299
5,830
10,037
2,000
1,857
7,031
27,749
826
11,938
32,702
4,816
40,595
2,288
3,451
12,689
253,991
171,068
173,100
253,099
77,013
131,707
24,009
169,193
17,999
59,967
162,796
92,847
665
Foreign
government
obligations
and commer
cial and
finance
paper
Other
320
3
-
93
12
8
1,627
2,443
364
496
15
2
76
6
1,152
3
5,521
19
-
119,547
3
12,157
53,939
32,245
6,663
576
3,531
67
528
8
16,906
18
12
962
9,481
80
197
487
5,175
842
65
7,134
40,978
77
5,752
5,270
663
638
6
-
663
6,502
1,278
909
9,062
28,900
1,340
2,533
947
954
1,659
1,856
580
3,537
70
600
27
37,224
18
29
963
10,550
96
854
4
6
3
72
19
3,430
17
1
569
16
657
_
16,888
500
-
16
360
17
1,699
1
38
_
3
_
-
1
35
653,396
57,656
54,587
4,797
17,388
32,402
1,212
137
_
343
92,467
1,119
1,461
1
79
1,225
5
72
118
_
4
35,488
2,347
12
704
59
5
70
85
_
_
34,770
_
704
59
_
_
_
_
_
_
139
_
_
-
2
33
15,389
8,833
13,065
63,843
4,834
871
_
17,071
1,836,075
11,626
25,368
24,497
55,817
19,366
4
718
76
12
-
65,986
53,473
62,964
48,190
101
268,728
15,731
61,786
10,580
82,573
42,588
24,890
41,028
53,303
30,703
17,621
14,505
50,398
12,033
46,234
6,938
59,927
99,643
4,613
57,051
5,321
75,011
81,844
235,979
2,928
75,200
7,600
44,505
66,918
8,969
18,298
8,968
18,260
1,113
1,015
3,631
1,148
4,191
14,038
2,647,513
738,917
742,369
455,175
732
27,036
11,799
8,866
7,376
435
7,280
32,940
745
29,944
1,834
6,324
9,155
741,600
36,640
0
01—1
26,458
96,392
17,641
33,053
387,939
20,430
48,556
12,649
22,146
42,849
28,676
737
Other
2,491
9,005
3,483
1,585
23,699
22,450
7,749
25,607
8,683
5,867
3,500
17,607
5,803
9,116
1,122
19,651
660
3,334
170
1,518
197,025
209,767
187,228
189,770
14,606
971,944
52,462
234,309
38,714
210,105
253,657
60,698
2
Deposits of
reporting
banks and
domestic
customers
with
foreigners
3,671
149
33,502
6,457
4,382
9,382
178
6,652
14,768
4,711
17,782
18,155
1,256
1,904
16,581
6,359
4,025
2,714
12,041
7,534
9,627
1,031
18,646
25,412
12,820
2,895
10,229 . 31,644
26,630
324
30,097
58,295
7
11,879
1,947
1,454
1,172
1,248
7,499
197,605
213,304
187,298
190,370
14,633
1 ,009,168
52,480
234,338
39,677
220,655
253,753
61,552
0cv
Total Latin America.............
Asia:
China Mainland...................
Hong K o n g ........................
India.......... ..................
Indonesia.....................
Israel............................
Japan.............................
Korea.............................
6,645
52,269
37,844
76,716
50,330
72,300
13,754
52,178
25,454
54, H 6
16,163
74,772
56,931
Foreign
banks and
official
insti
tutions
Taiwan............................
Thailand..........................
Other A s i a .......................
27,108
11,917
8,866
46,692
3 ,213,214
53,754
304,587
43,906
91,969
128,640
3,177,726
53,754
302,240
43,894
91,265
128,581
727
5,728
5,030
287
16,578
474,644
3,624
230,078
8,729
15,980
34,992
Total A s i a .......................
3,931,390
3,892,581
796,397
96,033
906,582
1,995,525
98,044
38,809
37,825
139
845
1,397
1,724
36,905
10,645
55,414
1,395
1,724
35,696
10,341
54,272
37
124
1,148
16,579
2,787
21,223
1,101
151
7,924
5,661
3,742
_
_
263
2
_
167
304
620
_
_
_
_
-
1,042
747
2
_
1,209
304
1,142
_
_
1,571
1,869
6,688
133
5
9,359
24
21,872
106,085
103,428
10,585
31,393
41,861
18,579
1,010
2,657
1,093
-
1,564
Other countries:
Australia.........................
All other.........................
54,700
12,860
50,644
12,705
5,923
77
4,734
468
25,135
10,346
13,021
1,493
1,831
321
4,056
155
1,889
141
_
-
2,167
14
Total other countries...........
67,560
63,349
6,000
5,202
35,481
14,514
2,152
4,211
2,030
-
2,181
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Africa:
Congo (Kinshasa).................
Morocco...........................
South Africa.....................
United Arab Republic (Egypt)....
Other Africa.....................
Total Africa....;...............
46,688
420
5
7,886
5,326
8,579
5,416
_
International and regional:
International.....................
European regional.................
Latin American regional..........
Asian regional....................
African regional..................
294
-
294
-
-
294
-
-
-
Total international and regional.
294
294
-
294
-
-
-
-
8,394,218
8,069,400
1,829,899 1,215,552
1,630,198
2,995,080
398,671
324,818
-
1/ Excludes foreign currencies held by U.S. monetary authorities.
-
2,132
-
219,231
49,775
522
-
55,812
Treasury Bulletin
100
CAPITAL MOVEMENTS
Section III - P relim in a ry D etails by C ountries
T able 3. - Long-Term Banking L ia b ilitie s to and Claim s on Foreigners as o f March 31, 1968
( P o s i t i o n i n th o u s a n d s o f d o l l a r s )
L on g-term c la im s p a y a b le i n d o l l a r s
C ountry
T o ta l
lo n g - t e r m
lia b ilitie s
Europe:
T o ta l
lo n g - t e r m
c la im s
T o ta l
Loans
L o n g -term
c la im s
p a y a b le in
fo r e ig n
c u r r e n c ie s
O ther
5,987
70,591
10,350
59, K 3
46,271
34,015
96,918
50,421
906
110,487
43,037
59,580
25,946
9,738
5,987
70,591
10,350
59,143
46,271
34,015
96,725
50,421
906
110,487
43,037
59,580
25,946
9,738
1 ,33 6
54,034
1 ,33 6
54,0 34
60
11,763
14,626
11,763
14,626
-
-
-
-
O ther E a s te r n E u ro p e............................................ ..............
-
19,950
19,950
19,950
-
T o ta l E u ro p e............... ...............................................................
16,427
725,099
724,906
702,595
22,311
193
Canada..................................................................................................
176
401,343
396,497
357,476
39,021-
4,846
245,802
25,123
1,053
510
153,090
87,060
53,930
60,147
153,090
87,060
53,930
59,905
136,538
56,961
16,552
30,099
1,043
4,816
-
-
-
-
-
195,349
740
419
130
14,683
820
6,249
5,284
-
551,888
65,894
161,833
56,802
77,513
125,739
25,515
13,719
2,510
547,449
65,894
161,833
56,802
77,316
125,739
25,515
13,719
2,510
496,162
1,435,640
1,430,762
509
B elg iu m ...........................................................................................
Denmark....................................................................... ...................
F in la n d ...........................................................................................
F r a n c e ............................................................................................
G r e e c e .............................................................................................
I t a l y ...............................................................................................
N e th e r la n d s .................................................................................
Norway.............................................................................................
P o r t u g a l......................................................................... ..............
S p a in ...................... ........................................................................
Sweden.............................................................................................
S w it z e r la n d .................................................................................
T u rk ey.............................................................................................
U n ite d Kingdom..........................................................................
-
50
-
263
1,346
11,002
96
18
184
5
46
419
2 ,3 1 8
31
80
-
L a t in A m erica:
A r g e n t in a ......................................................................................
B r a z i l .............................................................................................
C h i le ...............................................................................................
C olom b ia........................................................................................
Cuba..................................................................................................
M e x ico ............................................................................................
Panama.............................................................................................
P e r u ..................................................................................................
V e n e z u e la ..................................... ..............................................
O ther L a tin A m erican R e p u b lic s ...................................
Bahamas and Bermuda..............................................................
N e th e r la n d s A n t i l l e s and Surin am ..............................
O ther L a tin A m e r ic a ............................................................
T o ta l L a tin A m e r ic a ............................................................
5,479
70,591
10,055
58,898
39,859
33,604
96,401
48,461
10
110,483
40,386
55,503
2 3,8 9 8
8 .88 0
1 .32 0
53,685
10,8 58
508
-
295
245
6,412
411
324
1,960
896
4
2,651
4,077
2,048
858
16
349
905
352
14,274
52 ,8 87
55,08 9
-
-
-
193
-
-
-
-
242
-
510,559
65,665
156,644
56,555
72,517
123,951
25,357
13,631
2,467
36,890
229
5,189
247
4,799
1,788
158
88
43
4,439
1,328,821
101,941
4,878
-
-
-
197
“
A s ia :
Hong Kong......................................................................................
I n d i a ...............................................................................................
I n d o n e s ia ............... .....................................................................
I s r a e l .............................................................................................
_
_
-
-
435
1,028
1,897
33,644
2,471
24,026
1,897
33,644
2,471
1,885
32,840
2,471
24 ,0 2 6
1 71,732
57,104
196,222
5,391
18,318
108,690
171,732
57,104
195,963
5,391
18,318
108,257
2 2,2 82
157,999
2 3,3 32
186,193
619,495
618,803
-
K orea................................................................................................
P h i l i p p i n e s .................................................................................
T aiw an...................................................... ......................................
T h a ila n d ........................................................................................
O th er A s i a .......................................................................
129 , 167
510,749
59,710
47,268
22,607
211,936
372,657
T o ta l A s i a . .................................................................................
1,355,557
A f r ic a :
-
1,744
1 3,733
5,381
18,258
106,353
34,072
9,770
10
60
1,904
433
556,694
62,109
692
259
-
658
962
658
962
21
3 7,0 0 1
3 7,0 0 1
U n ite d Arab R e p u b lic ( E g y p t ) ........................................
O ther A f r i c a ................................ ..............................................
677
609
8,466
8,466
179,199
179,199
172,703
6,496
-
T o ta l A f r i c a ...............................................................................
1,307
226,286
226,286
219,690
6,596
-
O ther c o u n t r ie s :
A u s t r a l i a ......................................................................................
A l l o t h e r ......................................................................................
46,003
17
244,576
244,576
35 ,3 8 4
3 5,3 84
242,042
35,380
2,534
4
-
T o ta l o th e r c o u n t r i e s .........................................................
46,020
279,9b0
279,960
277,422
ro
v5
-
-
o
o
_
12
804
-
-
-
-
2,834
2,834
2,834
-
-
-
-
-
658
-
956
6
36 ,9 3 8
8 ,43 5
63
31
00
M orocco...........................................................................................
I n t e r n a t io n a l and r e g io n a l:
cv
O',
European r e g i o n a l ..................................................................
Latin American regional........................
-
262,300
19 , 800
-
Total international and regional.............
634,600
2,834
2,834
2,834
-
-
Grand total.......................................
2,550,249
3,690,657
3 ,68 0 ,04 8
3 ,44 5 ,53 2
234,516
10,609
101
May 1968
_________________________________ CAPITAL M OVEM ENTS_______________________________________
S ection III - P relim inary D etails by C ou n tries
T able 4. - Purchases and Sales o f Long-Term Securities by F oreigners During March 19681/
(in thousands of dollars)
S a le s by fo r e ig n e r s
P u r c h a s e s by f o r e i g n e r s
C oun try
U. S .
T o ta l
p u r c h a se s Governm ent
bonds and
n o tes
C o rp o ra te and
o th e r
Bonds
T u rk ey .....................................................................
6
40
3
884
4,858
2,110
9 027
10,092
2,417
20,692
148
53,910
32,544
422
20
8 458
6,344
9,418
981
4,023
6,743
318,762
115
130,116
358
65
4,379
72,449
24,333
33,135
3,644
1,785
221,970
115
45,409
5,715
4
92
2,078
U .S .S .R ..................................................................
16
2,265
11,206
9,142
2,864
4,518
4,491
1,027
5 )77?
-1LJ
((J
1I , jLy
Q
9 689
708
13
574
18,406
8
3,012
20,956
17,615
69
b8,160
15,521
18,228
41 890
601
280
35,152
0 ,jjy
J 9JOu
PC
15,563
11,676
8,175
739
8,098
3,475
290,933
10
148,215
3,465
76
16,428
5
285
5
5,579
99
10
3
1
j(
Bonds
Bonds
S to c k s
S to c k s
18
1,757
212
2 ,656
3,107
Q7
1 350
2,080
onI
120
512
1,265
50,779
16,461
14,749
13,001
327
502
2,011
3,167
17,042
45
3,389
OQlX
J"?3y\Jy
28,374
1 522
7^288
61
5,053
412
22,749
10,593
500
475
a-
O
767
146
11,923
13,158
3
241
2,646
51
112
300
11
7,217
49,580
43
2
24,785
160,566
624,852
101,023
61,677
688,841
30,124
78,768 387,971
105,772
86,206
285,074
7,474
31,979
160,625
43,546
41,450
350,432
93,099
28,281 135,808
46,271
46,973
6,731
590
1,498
1,434
104
44
19
14
16
1,445
474
1,201
1,415
5,148
42
167.
1
94
55
12
2
6,447
713
879
628
1,157
698
835
614
5,135
8
26
68
6
18
14
248
40,578
16,800
1,095
3,531
3,734
2,758
39,888
21,003
539
349
7,474
1,129
2,422
253
233
85
69
131
32
1,227
245
35,808
164
362
60
199
46
549
560
1
3,595
3,222
807
992
3,937
652
22,031
20,312
479
691
183
10
90
197
55
4,654
1,369
74
162
6,973
60,562
12,944
2,438
138,593
46,190
9,343
_
_
_
57
2,000
2,555
5,336
1,134
30
838
3
221
121
T o t a l L a t in A m e r ic a ....................................
83,079
121
_
5
17
25
10
2
04
14
1,154
1,012
1,478
706
45
A s ia ;
C hina M a in la n d .................................................
Hong K ong................................................... ..
I n d i a . ...................... .............................................
I n d o n e s ia
I s r a e l .......... ..
J a p a n ........................................................ ..............
K o r e a ..................... .....................
P h i l i p p i n e s ........................................................
T a iw a n ...................................................................
T h a ila n d ................................................................
O th er A s i a . ........................................................
16,288
2,052
26
12,091
3,805
29
2,968
1 092
36,066
429
1 ,2 2 8
13,545
2
26
1,572
1,751
26
2,687
80
206
11,580
22,440
T o t a l A s i a ..........................................................
84,624
474
6,609
31,475
42,030
5
57
32
600
1,028
10’ 207
35
10
_
131
15
5,143
82
10
60
1,002
10,001
_
25
77
150
57
3,688
1,918
9
1,190
7,117
74,753
25
_
_
_
_
101
15,834
36
27
1,619
1,979
172
1,026
897
24
7,386
14
1,198
61
100
24
7
389
100
1,264
70,012
100
1,563
31,932
44
32
87
150
1,000
906
15,242
18
~
16,270
62
5,755
3,254
572
1
1
20
128
167
3,090
380
34
5
2,251
18
o<-0
1
<OI
c±
295
3,470
39
2,269
353'
2,557
105,263
13
20
200,473
74
_
_
_
_
_
_
_
O'XH
t
2,431
4
2,675
_
1
38
761
1,000
7
39
1,030
2,000
2,686
_
2
2
_
247
18
2,000
_
_
_
2
265
2,000
2
58,721
2,367
138,755
International..................
European regional...................
Latin American regional............
Asian regional......................
108,193
_
168
168
_
_
_
_
_
Total international and regional...
108,374
168
353
2,557
105,276
20
200,473
130
Grand total............................
1,555,860
33,064
206,554
881,961
324,559
109,722 1,456,375
124,643
1/ For exclusions see headnote on page 85.
58
50
3,009
231
210
4,036
1,595
j
662
468
3,759
7,554
733
2,265
3,327
2,580
32,642
18,269
320
1,140
_
78
1,000
10,165
14,159
33,986
53
T o t a l o t h e r c o u n t r i e s ........................... ..
_
_
908
460
144
10,918
36
I n t e r n a t i o n a l and r e g io n a l:
87
1
1,121
1,460
10,309
26,678
_
O th er c o u n t r ie s :
A u s t r a l i a .....................................................
A l l o t h e r ................................................. ..
_
7
17,980
16,202
12
_
_
17,004
1,086
27
9,119
3,201
32
91
3,825
1
1,806
57
37
1,684
I
975
15,265
116
24
50,182
22,531
268
5,186
18,882
1 #n(
/fO
539
2,625
1,787
209,676
10
56,832
2
2,582
972,903
4,787
3,707
916
2,305
6,704
1,776
29,400
22,632
599
T o t a l A f r i c a ......................................................
1
1,308
C o rp o ra te and
o th e r
I
L a t in A m erica:
A r g e n t in a ....................... ...................................
B r a z i l .....................................................................
C h i l e .......................................................................
C o lo m b ia ...............................................................
Cuba............................................................... . < ..
M e x ic o ............................................................... ..
P an am a..................................... .................. ..
P e r u ............... .........................................................
U ru guay.......... ..
V e n e z u e la .................................................
O th er L a t in A m erican R e p u b li c s ..........
Rnhflmns and Bermuda.....................................
N e th e r la n d s A n t i l l e s and S u r in a m .. .
O th er L a t in A m erica................................
A fr ic a :
Congo ( K in s h a s a ) ............................................
M orocco..................................................................
S o u th A f r i c a ......................................................
U n ite d Arab R e p u b lic ( E g y p t ) ...............
O th er A f r i c a ......................................................
U. S .
Governm ent
bonds and
n o tes
S to c k s
E u ro p e:
5,567
38,070
11,440
2,872
82,979
65,355
1,449
34,255
245,471
T o ta l
s a le s
S to c k s
Bonds
F o r e ig n s e c u r i t i e s
D o m estic s e c u r i t i e s
F o r e ig n s e c u r i t i e s
D o m e stic s e c u r i t i e s
130
_
I
_
_
_
_
58,721
2,867
138,755
-
174,491 634,626
374,974
147,641
Treasury Bulletin
102
.CAPITAL MOVEMENTS.
Section IV - Supplementary Data by Countries
Table 1. - Short-Term L iabilities to Foreigners Reported by Nonbanking Concerns
( P o s i t i o n a t end o f p e r io d in th o u sa n d s o f d o l l a r s )
196$
1966
1967
C ou n try
December
E u ro p e:
A u s t r i a ................................................................
B e lg iu m ................................................................
Denmark................................................................
F i n l a n d ................................................................
F r a n c e ...................................................................
Germany................................................................
G r e e c e ...................................................................
I t a l y .....................................................................
Ne t h e r l a n d s ......................................................
Norw ay...................................................................
P o r t u g a l..............................................................
2 ,3 1 9
2 7 ,6 3 0
9 3 ,9 8 9
1,628
3 ,4 5 8
2 0 ,5 6 3
1 0 ,4 4 9
3 9 ,3 6 1
4 ,2 4 8
136,908
1 ,3 7 0
3 ,4 9 4
50
2 ,0 2 9
L a tin A m erica:
A r g e n t in a ...........................................................
B r a z i l ...................................................................
4 ,1 5 1
1 2 ,7 7 1
4 ,4 0 1
9 ,2 9 5
147
4 ,7 1 8
1 0 ,9 8 6
5 ,6 1 5
93 4
C o lo m b ia ..............................................................
Cuba........................................................................
P e r u .......................................................................
U ruguay................................................................
V e n e z u e l a .. . . . .................................................
O ther L a tin A m erican R e p u b l i c s . . . .
Bahamas and Bermuda...................................
N e th e r la n d s A n t i l l e s and S u r in a m ..
O ther L a tin A m eric a ...................................
A s ia :
C hina M a in la n d ...............................................
452,816
607
5 0 ,9 7 0
7 0 ,7 9 1
3 ,2 8 4
1 7 ,8 7 9
5 5 ,U 8
Y u g o s la v ia .........................................................
O th er W estern E u ro p e................................
T o t a l L a tin A m erica.......... .......................
2 ,0 6 5
2 9 ,9 9 6
746
680
4 4 ,9 3 7
5 9 ,9 1 9
2 ,9 9 8
2 2 ,7 1 0
5 4 ,1 1 6
2 ,1 5 3
6 ,6 4 7
2 0 ,8 5 3
1 1 ,7 2 4
4 5 ,3 6 9
4 ,1 8 4
1 3 9 ,3 1 3
1 ,1 4 8
3 ,8 6 7
1 27
779
630
Sw eden...................................................................
S w i t z e r l a n d ......................................................
T u rk ey...................................................................
21,666
1 6 ,3 1 1
1 ,9 5 9
6,968
1,610
.
March
1 0 1 ,5 3 2
June
March
June
1,500
777
694
4 5 4 ,3 3 1
5 0 2 ,1 3 0
6 1 1 ,0 5 3
6 3 0 ,5 4 5
6 7 7 ,6 8 2
6 8 2 ,2 3 3
8 2 0 ,2 5 8
8 0 6 ,7 6 6
120,040
1 1 6 ,8 9 4
1 3 7 ,5 5 4
1 4 6 ,3 5 7
1 7 2 ,7 0 7
1 9 8 ,8 4 3
1 9 0*000
2 0 0 ,3 5 5
5 ,3 3 1
1 1 ,0 4 9
4 ,0 7 0
7 ,1 9 9
146
9 ,6 3 1
4 ,0 5 0
5 ,6 6 4
9 ,0 7 0
3 ,1 8 1
5 ,4 6 4
273
1 0 ,4 0 9
9 ,1 4 5
5 ,8 3 9
5 ,5 1 1
1 0 ,4 5 5
4 ,2 4 9
6 ,5 9 0
282
1 1 ,0 8 6
9 ,7 4 4
7 ,1 9 1
1 ,1 5 4
3 6 ,2 9 6
1 9 ,8 9 7
3 ,1 4 2
7 ,1 9 7
2 ,6 4 9
1 0 ,8 2 2
4 ,5 2 0
4 ,8 4 0
2 57
1 5 ,8 5 1
3 ,8 3 8
4 ,3 3 6
3 ,5 3 0
9 ,0 9 2
7 ,8 1 5
1,628
2 6 ,5 1 4
1 1 ,4 1 1
2 ,1 6 5
7 ,1 5 9
1 ,3 5 0
1 0 5 ,3 9 0
1,301
6,202
12,030
2 2 ,6 0 3
5,201
1,298
25,561
1,962
51,881
6 6 ,9 4 9
2,148
1,388
1 2 ,0 5 1
1 ,1 7 2
9 ,2 8 7
1 ,5 0 5
2 5 ,2 7 6
1 8 ,4 7 3
1 ,5 9 2
6 ,9 1 3
1 ,7 3 9
9 7 ,5 5 1
1 0 4 ,4 2 6
1 2 3 ,7 5 6
1 ,0 6 6
2 ,2 0 6
2 0 ,1 8 9
1 0 ,1 8 7
2 ,3 8 7
2 7 ,1 4 0
1 ,5 8 9
6 ,9 2 0
5 ,7 6 2
1 ,0 7 7
2 ,2 8 6
1 7 ,1 4 3
1 ,0 8 6
3 ,0 1 7
2 ,2 7 1
2 2 ,8 0 2
3 ,8 1 5
7 ,2 1 5
7 ,2 2 7
3 6 ,7 6 6
115,620
962
2,412
6 2 ,3 3 5
^ 9 ,7 8 6
2 ,3 1 1
7 ,3 4 2
2 9 ,5 0 4
1 9 ,3 8 7
4 7 ,2 6 4
1 ,7 8 5
2 3 6 ,1 3 9
792
4 ,6 7 9
156
717
4 ,0 9 2
1 1 ,8 9 5
5 ,1 8 8
1 ,1 2 5
4 4 ,2 5 0
882
7 ,1 2 2
1 ,3 5 1
4 ,8 4 3
4 4 ,2 1 7
719
5 ,1 9 2
1 1 ,8 8 3
4 ,4 5 7
2 ,5 9 7
6 2 ,1 8 3
985
7 ,1 3 4
4 ,8 6 7
4 5 ,4 3 3
1 1 4 ,4 1 2
1 2 5 ,6 8 2
1 5 0 ,3 3 8
716
583
731
371
675
349
1 0 ,7 5 2
854
451
1 0 ,9 4 1
1 ,2 2 8
8 ,9 3 2
498
411
1 0 ,9 3 9
1 ,5 5 4
8 ,3 3 4
867
373
9 ,9 5 5
1 ,5 7 7
6 ,1 4 1
637
359
1 6 ,8 0 9
1 ,2 2 6
5 ,2 0 5
701
445
5 ,3 2 4
1 ,9 7 9
7 ,0 3 6
1 9 ,7 2 0
22,406
2 1 ,7 3 6
1 8 ,9 1 3
2 4 ,2 3 6
A l l o t h e r ...........................................................
2 2 ,7 2 3
6 ,5 1 8
3 1 ,3 5 2
3 ,5 0 1
3 4 ,9 4 1
. 4 ,9 8 9
5 0 ,9 8 6
3 ,9 4 1
3 4 ,8 5 3
3 9 ,9 3 0
U n ite d Arab R e p u b lic ( E g y p t ) .............
O ther A f r i c a ....................................................
T o t a l A f r i c a ....................................................
1,210
6 ,7 3 4
8,648
254
1 0 ,2 7 0
4 ,0 6 2
6 ,1 4 4
865
9 81
4 ,0 4 5
1 5 ,1 3 1
3 ,7 2 2
660
3 7 ,5 4 8
1 ,8 0 8
6 ,8 2 4
2 ,0 0 5
3 ,5 8 6
3 8 ,1 0 2
1,102
1 1 2 ,2 6 4
A fr ic a :
Congo (K in s h a s a ) ..........................................
M orocco................................................................
7 ,0 2 8
1 2 ,9 8 9
255
1 1 ,6 0 7
2 ,1 2 5
6 ,7 9 8
1 ,3 8 5
3 5 ,6 3 9
1 9 ,3 3 4
4 ,4 1 3
5 ,2 9 8
1 2 0 ,9 3 7
3 ,8 3 0
1 3 ,4 9 9
2,116
3 3 ,9 6 7
2 ,3 5 6
2 7 ,0 1 7
2 ,8 6 4
7 ,2 3 4
4 ,1 9 1
3 ,7 2 9
2 9 ,5 3 5
474
2 9 ,5 2 9
1 ,5 4 5
6 ,1 2 7
5 ,0 4 4
3 ,8 4 7
3 9 ,5 0 3
101,120
9 9 ,7 5 7
106,616
1,061
256
9,618
1 2 2 ,1 3 7
1 1 2 ,9 7 2
1,408
16,828
1,900
5 ,9 7 0
9 ,0 3 3
525 _
30,880
2 3 ,8 6 7
8 5 ,7 0 4
2 ,9 0 8
3 0 6 ,4 4 4
131
3 ,9 3 2
348
732
1 2 2 ,3 2 7
1 ,7 6 7
3 0 ,9 5 2
2,256
3 ,6 3 1
10,058
311,522
601
2 ,8 7 5
212
3,111
6 4 ,3 6 9
9 1 ,7 7 2
7 ,7 7 2
6 0 ,5 0 5
7 8 ,7 6 9
3 ,7 8 3
5 ,6 0 8
1 1 8 ,0 4 5
6,660
T h a ila n d ..............................................................
O ther A s i a .........................................................
10,000
206
4? 554
110
65,622
8 2 ,3 4 6
3 ,2 3 6
5 ,8 6 3
3 4 ,8 6 6
2 3 ,7 0 8
8 4 ,4 7 4
2 ,1 2 7
2 ,1 9 6
2 6 ,5 0 4
7 ,4 3 1
6 ,1 3 5
1 ,4 5 9
6,428
1 ,3 6 4
3 8 ,0 7 2
1 5 ,1 5 0
P h i l i p p i n e s ......................................................
1 ,9 2 3
2 4 ,5 2 4
2 ,4 5 5
2 7 ,7 3 6
7 ,5 2 7
1 ,5 5 8
5 4 ,8 7 9
8 5 ,2 0 4
2 ,4 5 8
6 4 ,9 8 2
7 8 ,1 3 3
3 ,3 1 3
5 ,0 8 6
3 6 ,0 6 7
2 0 ,6 9 3
5 1 ,3 5 9
1 ,6 9 4
2 3 3 ,5 2 5
1 5 ,5 4 1
2 ,5 2 4
5 ,4 0 6
1 ,0 6 6
3 7 ,1 7 2
1 7 ,1 4 2
4 ,8 2 2
8 ,3 4 8
1 ,3 5 8
1 ,0 0 4
2 6 ,8 4 2
851
6 ,7 4 7
4 ,5 2 0
1 ,4 5 3
3 3 ,0 9 9
1,046
1 ,7 0 0
3 2 ,2 7 9
7 ,9 4 3
2 ,2 8 7
6 0 ,7 6 9
9 4 ,3 0 4
2 ,9 9 9
D ecem ber p
6 0 ,7 8 8
4 ,0 0 4
1 4 1 ,1 5 8
1 ,0 5 3
2 ,4 3 0
73
438
3,000
2 6 ,5 1 3
6 4 ,8 7 0
1 ,7 2 7
3 3 ,7 9 1
5 ,3 3 4
905
6 0 ,6 7 2
8 0 ,8 1 1
1 ,3 9 7
1 ,9 7 3
2 4 ,8 7 3
9 ,4 1 7
2 ,8 9 5
3 2 ,0 5 5
780
5 ,8 1 7
I n d o n e s ia ...........................................................
I s r a e l ...................................................................
September
5 ,7 6 0
2 4 ,9 6 0
1 4 ,3 8 0
5 7 ,6 9 9
4 ,0 7 8
2 0 1 ,3 7 4
2 ,0 5 9
3 ,2 1 4
133
841
668
4 8 ,1 8 9
6 9 ,5 4 3
3 ,0 6 9
2 9 ,6 7 4
2 ,3 9 9
953
5 6 ,5 8 7
8 0 ,9 3 3
December
1 ,8 8 4
3 2 ,4 0 5
3 ,2 4 4
766
6 1 ,8 3 9
7 8 ,0 9 9
2 ,1 0 9
5 4 ,0 8 2
6 7 ,7 2 9
2 ,3 3 3
8 ,7 2 3
2 6 ,5 2 6
1 6 ,9 3 9
5 8 ,2 6 7
2 ,2 0 5
2 0 7 ,7 4 7
935
3 ,8 6 4
308
541
5 ,8 2 7
1 1 ,3 7 2
4 ,9 0 0
8 ,1 1 3
148
8 ,8 0 3
9 ,4 6 8
6 ,5 3 2
3 ,3 1 1
3 1 ,9 1 3
1 ,6 1 7
September
1,312
32,826
2 3 ,3 1 6
7 , 598
5 ,3 8 9
1 ,1 2 8
4,888
1 ,9 3 2
7 ,5 9 3
1 0 ,9 8 5
439
455
7 ,7 9 1
3 ,4 5 4
1 1 ,1 6 9
1 5 ,4 8 5
18,922
2 1 ,4 7 1
2 3 ,3 0 8
5 8 ,3 9 9
6 ,0 2 7
5 1 ,8 1 1
6 ,0 2 5
4 9 ,2 2 9
6 ,7 4 9
6 1 ,3 9 9
8 ,1 1 5
5 8 ,1 4 4
6 ,9 2 8
5 4 ,9 2 7
64,426
5 r7,8 3 6
5 5 ,9 7 8
6 9 ,5 1 4
6 5 ,0 7 2
15
63
12
_
38
27
31
30
13
-
-
_
_
12
38
27
31
31
1 ,1 4 8 ,4 0 9
1 ,1 9 2 ,7 4 2
1 , 3 4 9 ,0 9 3
1 ,3 6 6 ,8 0 7
8,098
6,864
2,520
O ther c o u n t r i e s :
T o t a l o t h e r c o u n t r i e s ..............................
2 9 ,2 4 1
I n t e r n a t i o n a l and r e g i o n a l :
I n t e r n a t i o n a l ..................................................
European r e g i o n a l ........................................
L a tin A m erican r e g i o n a l . ......................
24
-
T o t a l i n t e r n a t i o n a l and r e g i o n a l . .
108
63
39
78
Grand t o t a l ...........................................................
8 1 0 ,3 7 8
8 4 9 ,3 4 7
8 9 3 ,9 0 0
1 ,0 2 8 ,0 7 1
84
38
25
26
N o te : D ata a r e r e p o r te d by e x p o r t e r s , im p o r t e r s , i n d u s t r i a l and c o m m er cia l
f ir m s , and o th e r nonb an k in g c o n c e r n s i n t h e U n ite d S t a t e s .
D ata
e x c lu d e in ter co m p a n y a c c o u n ts b etw een fir m s i n th e U n ite d S t a t e s and
P
1 ,0 8 9 ,0 8 9
t h e i r a f f i l i a t e s a b ro a d .
The d e t a i l e d breakdown o f th e m ost r e c e n t
d a ta i s shown i n T a b le 3 o f t h i s S e c t i o n ,
P r e lim in a r y .
May 1968
103
.CAPITAL MOVEMENTS.
Section IV - Supplementary Data by Countries
Table 2. - Short-Term Claims on Foreigners Reported by Nonbanking Concerns
( P o s i t i o n a t end o f p e r io d in th o u sa n d s o f d o l l a r s )
1966
1965
1 967
C ountry
December
E urope:
A u s t r i a ................................................................
B e lg iu m ................................................................
Denmark................................................................
F in la n d ................................................................'
F r a n c e ..................................................................
Germany................................................................
G r e e c e ..................................................................
I t a l y .....................................................................
N e t h e r la n d s ......................................................
N orw ay..................................................................
P o r t u g a l.............................................................
S p a in .....................................................................
S w it z e r la n d ......................................................
T u rk ey..................................................................
U n ite d Kingdom...............................................
Y u g o s la v ia ........................................................
O th er W estern E u rop e................................
U .S .S .R ................................................................
6 ,0 1 9
4 4 ,6 8 5
8 ,9 7 4
5 ,5 6 4
8 1 ,6 3 6
1 1 1 ,8 3 4
1 3 ,0 3 4
7 6 ,5 8 6
4 0 ,7 0 4
7 ,5 2 4
4 ,9 9 3
4 9 ,9 6 9
1 9 ,7 7 2
2 6 ,5 1 7
7 ,4 4 8
3 2 2 ,8 0 9
2 ,2 5 0
8 ,3 1 7
1 ,0 6 6
2 ,0 2 9
8 4 1 ,7 3 0
March
June
Sep tem b er
7 ,2 1 2
4 1 ,5 6 6
Decem ber 1 /
8 ,8 1 8
5 6 ,2 5 2
2 8 ,2 3 3
1 9 ,8 8 4
1 0 ,4 8 9
4 4 0 ,3 7 7
1 ,9 9 4
8 ,9 8 4
110
2 ,5 8 6
6 ,5 7 7
4 4 ,8 1 7
7 ,9 9 5
5 ,5 2 7
9 3 ,8 2 9
9 7 ,7 6 2
1 8 ,1 4 9
1 1 0 ,5 7 1
4 1 ,8 7 3
6 ,9 6 9
7 ,5 8 2
6 3 ,1 2 0
2 9 ,8 9 8
2 0 ,0 0 0
6 ,3 7 3
4 9 2 ,0 5 6
1 ,8 8 5
9 ,4 0 2
974
4 ,8 3 8
4 ,2 6 4
1 0 2 ,4 4 2
1 1 9 ,9 1 9
1 5 ,2 0 7
1 0 6 ,9 9 4
4 1 ,7 9 9
8 ,6 7 7
6 ,0 7 5
5 1 ,1 5 2
2 7 ,2 3 8
2 1 ,8 8 9
6 ,2 3 6
5 9 8 ,7 8 7
3 ,9 8 8
9 ,1 8 2
114
2 ,3 8 9
7 ,6 4 4
5 3 ,0 1 5
1 3 ,7 0 5
4 ,1 2 1
1 1 0 ,2 8 8
1 2 6 ,6 1 7
1 4 ,9 8 4
1 0 1 ,0 0 0
4 7 ,9 9 1
8 ,1 8 0
6 ,6 7 7
6 1 ,1 4 3
3 6 ,0 3 5
1 7 ,8 7 6
5 ,9 3 5
5 7 9 ,1 1 1
3 ,9 0 7
1 1 ,4 8 8
73
2 ,1 8 9
1 ,0 4 6 ,8 2 3
7 ,8 4 5
4 6 ,0 5 6
8 ,3 8 5
5 ,5 8 1
9 7 ,4 3 3
1 1 8 ,0 8 2
1 1 ,1 0 9
1 1 7 ,8 3 0
4 8 ,2 8 9
8,486
10,242
March
June
8 ,3 9 6
6 2 ,8 8 1
1 1 ,2 5 7
4 ,4 7 0
1 2 2 ,2 3 2
1 2 1 ,9 0 2
1 6 ,7 9 2
9 8 ,0 6 8
4 5 ,3 6 4
6 ,5 1 5
6 ,0 2 6
7 5 ,8 2 8
1 7 ,7 1 3
2 6 ,3 0 5
6 ,5 3 1
6 4 6 ,3 9 1
4 ,2 4 6
1 2 ,2 6 7
153
2 ,8 7 4
9 ,2 0 5
3 9 ,3 9 6
9 ,6 6 2
5 ,2 6 6
1 0 1 ,9 7 7
1 2 2 ,1 7 7
1 8 ,2 0 7
8 0 ,3 8 5
4 6 ,5 2 1
6 ,9 8 1
6 ,8 0 7
6 2 ,1 8 9
1 8 ,2 3 7
2 3 ,7 3 5
9 ,3 3 0
5 7 6 ,6 0 6
3 ,0 4 1
1 ,2 8 6
3 ,6 5 5
4 5 ,3 4 7
9 ,2 0 3
5 ,7 5 8
9 8 ,9 5 2
1 1 4 ,5 9 7
1 9 ,7 3 5
9 2 ,6 8 9
4 4 ,7 8 9
7 ,5 2 2
5 ,5 8 4
7 7 ,0 3 4
2 0 ,1 6 3
2 4 ,1 1 1
7 ,3 6 6
5 4 1 ,6 6 2
3 ,3 1 9
1 2 ,5 5 4
1 ,4 9 1
2 ,8 5 4
13,212
Septem ber
6,663
Decem ber p
8 ,3 5 6
4 2 ,4 1 1
1 0 ,8 0 2
5 ,5 6 6
1 1 1 ,1 9 9
1 3 8 ,2 6 0
2 0 ,0 9 0
1 0 3 ,0 1 7
5 1 ,1 4 4
7 ,6 9 1
6 ,9 4 2
9 0 ,2 5 8
2 3 ,6 9 4
2 9 ,3 6 2
8 ,5 6 8
6 8 9 ,6 8 6
3 ,7 8 4
1 3 ,9 5 2
1 ,2 9 1
6 ,9 6 9
1 ,0 7 0 ,1 9 7
1 ,1 8 5 ,3 7 2
566,436
1 ,2 1 1 ,9 7 9
1 ,2 9 6 ,2 1 1
1 ,1 5 7 ,8 7 5
1 ,1 4 1 ,3 9 3
5 9 8 ,7 3 9
5 5 0 ,3 7 9
5 0 8 ,9 3 3
4 8 9 ,3 9 7
4 8 1 ,9 2 5
4 9 4 ,3 5 5
4 6 0 ,6 3 7
*544*576
M e x ic o ..................................................................
Panama..................................................................
P e r u .......................................................................
U ruguay................................................................
V e n e z u e la . . . ....................................................
O th er L a t in A m erican R e p u b l i c s .—
Bahamas and Bermuda..................................
N e th e r la n d s A n t i l l e s and S u r in a m ..
O th er L a t in A m eric a ..................................
3 1 ,1 5 6
9 3 ,2 7 0
3 0 ,1 9 3
1 9 ,4 9 8
3 ,0 9 6
7 6 ,3 9 3
1 3 ,2 8 7
2 7 ,9 8 9
8 ,3 9 9
4 9 ,3 5 9
5 5 ,4 0 4
8 ,4 2 3
3 ,5 4 8
9 ,2 2 7
3 4 ,3 8 8
7 9 ,7 7 3
3 0 ,9 8 4
2 0 ,9 2 4
3 ,0 1 0
7 3 ,7 4 2
1 0 ,6 1 4
3 0 ,2 8 1
7 ,0 5 3
5 2 ,2 7 0
5 5 ,8 6 4
1 2 ,3 3 9
3 ,8 4 8
8 ,5 8 6
3 5 ,0 3 4
7 8 ,4 7 4
3 0 ,9 6 6
2 2 ,0 8 4
2 ,8 4 6
7 8 ,8 6 1
1 2 ,5 9 4
2 7 ,8 9 7
5 ,0 9 8
4 9 ,2 8 9
5 4 ,5 4 3
8 ,0 7 4
2 ,9 7 1
9 ,1 9 0
3 6 ,7 8 6
7 2 ,6 7 2
3 0 ,9 5 8
2 0 ,9 4 5
2 ,6 4 0
7 8 ,0 0 4
1 2 ,1 0 4
2 7 ,8 4 2
6 ,2 2 2
4 9 ,3 6 4
5 9 ,3 4 0
1 0 ,7 5 2
4 ,0 6 7
1 0 ,7 0 4
3 9 ,2 7 8
6 4 ,6 5 4
3 1 ,7 7 2
2 5 ,3 3 8
2 ,5 4 3
9 4 ,7 6 4
1 2 ,4 9 7
3 1 ,0 9 5
6 ,9 5 2
6 2 ,3 6 4
6 0 ,2 8 0
1 7 ,5 4 0
4 ,4 8 3
9 ,8 5 0
3 9 ,0 4 5
6 0 ,6 7 4
2 9 ,9 2 9
2 3 ,5 5 2
2 ,4 7 3
9 6 ,0 0 2
1 1 ,4 9 6
3 1 ,4 8 0
6 ,5 1 7
5 5 ,7 0 3
6 2 ,2 2 0
1 1 ,7 5 6
4 ,5 2 1
9 ,3 3 3
3 4 ,9 4 6
5 9 ,6 7 1
3 1 ,3 1 7
2 4 ,1 7 0
2 ,4 2 2
1 2 4 ,8 1 9
1 0 ,2 7 0
2 8 ,9 7 4
5 2 ,6 7 6
5 6 ,1 0 4
2 0 ,8 5 1
4 ,7 6 3
9 ,7 3 6
2 9 ,3 5 4
7 4 ,6 2 3
2 6 ,2 6 8
2 0 ,2 5 6
2 ,3 4 0
1 1 7 ,6 9 5
1 3 ,5 2 6
3 2 ,0 6 7
6 ,3 1 5
5 3 ,8 6 1
5 9 ,1 4 6
2 5 ,4 5 3
4 ,6 7 6
7 ,3 7 4
2 8 ,6 9 9
8 4 ,7 3 2
3 3 ,5 1 7
2 1 ,8 6 6
2 ,1 0 4
1 1 3 ,8 7 0
1 3 ,5 3 4
2 8 ,9 6 0
4 ,5 3 0
5 8 ,7 2 0
6 0 ,2 0 8
2 4 ,9 9 7
6 ,6 0 1
1 0 ,1 3 3
T o t a l L a t in A m erica..................................
4 2 9 ,2 4 2
4 2 3 ,6 7 6
4 1 7 ,9 2 1
422,400
4 6 3 ,4 1 0
4 4 4 ,7 0 1
4 6 9 ,3 6 5
4 7 2 ,9 5 .4
4 9 2 ,4 7 1
22
6 ,6 1 5
3 6 ,3 2 6
3 ,1 2 2
5 ,8 4 7
1 6 1 ,9 9 3
1 2 ,6 7 8
1 6 ,9 1 5
5 ,4 2 5
5 ,6 2 6
14
4 ,8 2 8
3 4 ,5 8 7
2 ,8 6 9
5 ,0 7 7
1 7 2 ,4 6 5
5 ,5 3 9
1 5 ,9 2 2
5 ,9 0 7
7 ,7 3 1
7 6 ,3 1 4
110
6 ,6 3 8
2 9 ,2 1 6
2 ,8 7 4
3 ,5 6 4
1 5 4 ,8 0 1
3 ,5 7 9
1 8 ,1 5 6
4 ,2 9 5
9 ,2 8 0
7 6 ,3 3 2
62
6 ,4 7 9
3 2 ,3 8 8
2 ,8 1 9
4 ,5 6 8
1 4 5 ,8 3 3
5 ,1 2 7
1 7 ,1 0 8
4 ,6 1 8
1 0 ,5 9 2
6 9 ,1 0 3
33
7 ,0 7 8
3 3 ,8 7 0
6 ,5 7 0
4 ,6 2 0
1 6 3 ,8 9 5
5 ,0 8 4
1 7 ,4 2 2
7 ,1 6 3
1 1 ,0 0 6
7 4 ,6 4 9
87
6 ,6 7 7
3 3 ,3 4 1
4 ,9 9 0
4 ,7 2 7
1 6 2 ,6 3 4
6 ,8 0 6
1 7 ,1 1 2
1 1 ,9 9 7
9 ,9 4 2
8 7 ,5 8 8
143
8 ,5 9 6
3 5 ,3 7 5
4 ,6 0 5
4 ,2 4 4
1 7 8 ,5 4 5
6 ,2 0 7
2 2 ,5 5 0
9 ,6 2 1
8 ,1 5 0
7 8 ,5 8 3
115
1 1 ,1 5 6
3 8 ,8 1 9
2 ,6 3 1
5 ,3 0 6
1 9 4 ,9 4 1
7 ,9 2 3
2 1 ,5 6 5
9 ,8 6 4
1 0 ,2 4 4
7 7 ,8 3 0
24
8 ,7 8 7
4 2 ,6 4 2
3 ,3 6 1
2 1 2 ,9 0 8
8 ,6 2 4
2 9 ,5 9 8
1 0 ,8 1 8
1 0 ,0 5 8
8 9 ,1 2 7
T o t a l A s i a ........................................................
3 2 0 ,4 3 7
3 3 1 ,2 5 3
3 0 8 ,8 4 5
2 9 8 ,6 9 7
3 3 1 ,3 9 0
3 4 5 ,9 0 1
3 5 6 ,6 1 9
3 8 0 ,3 9 4
4 2 2 ,3 5 3
A fr ic a :
Congo ( K in s h a s a ) .........................................
M orocco................................................................
S o u th A f r i c a ....................................................
U n ite d Arab R e p u b lic ( E g y p t ) ............
O th er A f r i c a ....................................................
1 ,7 1 9
1 ,5 2 0
1 9 ,6 2 0
9 ,9 1 6
2 7 ,8 5 3
2 ,0 8 0
1 ,6 2 1
1 8 ,1 8 6
1 0 ,6 3 9
2 5 ,5 5 8
1 ,4 3 1
2 ,4 9 9
1 7 ,9 1 8
1 6 ,8 0 3
2 7 ,3 6 9
1 ,7 3 9
1 ,2 0 4
1 6 ,8 5 9
1 1 ,3 8 4
2 7 ,9 3 1
1 ,6 9 4
2 ,7 4 3
2 3 ,5 3 1
1 0 ,7 8 6
3 0 ,0 1 3
1 ,6 0 7
3 ,0 1 5
1 6 ,0 3 6
9 ,4 3 1
3 1 ,7 7 1
1 ,7 9 9
2 ,3 1 6
1 6 ,3 2 5
6 ,8 5 1
3 0 ,6 3 5
1 ,8 6 2
1 ,5 9 1
1 4 ,4 9 5
6 ,6 8 9
2 9 ,5 8 7
2 ,6 6 7
2 ,9 9 2
1 4 ,4 5 5
6 ,8 9 8
3 1 ,1 5 3
T o t a l A f r i c a ...................................................
6 0 ,6 2 8
5 8 ,0 8 4
6 6 ,0 2 0
5 9 ,1 1 7
6 8 ,7 6 7
6 1 ,8 6 0
5 7 ,9 2 6
5 4 ,2 2 4
5 8 ,1 6 5
3 9 ,9 5 3
8 ,3 5 4
3 9 ,5 4 1
6 ,9 8 8
4 5 ,1 2 7
9 ,9 1 4
5 6 ,5 2 9
6 ,6 1 1
5 7 ,6 0 0
8 ,0 4 9
5 3 ,7 5 1
7 ,6 3 5
4 4 ,1 4 0
6 ,1 3 4
4 3 ,5 8 1
6 ,5 2 6
5 6 ,8 6 8
7 ,1 3 0
4 8 ,3 0 7
4 6 ,5 2 9
5 5 ,0 4 1
63, U 0
6 5 ,6 4 9
6 1 ,3 8 6
5 0 ,2 7 4
5 0 ,1 0 7
6 3 ,9 9 8
301
59
7
2 90
20
69
2 87
69
2 31
343
58
9
2 81
13
19
4 08
4
26
Canada.......................................................................
L a tin A m erica:
A r g e n tin a ...........................................................
B r a z i l ..................................................................
C h i l e .....................................................................
C o lo m b ia .............................................................
A sia :
C hina M a in la n d ..............................................
Hong Kong...........................................................
I n d o n e s ia ...........................................................
I s r a e l ..................................................................
Japan .....................................................................
K orea.....................................................................
P h i l i p p i n e s ......................................................
T aiw an ..................................................................
T h a ila n d .............................................................
O th er A s i a ........................................................
65,868
8,646
6,406
O th er c o u n t r i e s :
I n t e r n a t i o n a l and r e g io n a l:
I n t e r n a t i o n a l ...................................................
European r e g i o n a l .........................................
L a tin A m erican r e g i o n a l ...........................
A sia n r e g i o n a l .................................................
468
163
300
T o t a l i n t e r n a t i o n a l and r e g i o n a l . . .
367
379
587
931
410
Grand t o t a l .............................................................
2 ,2 9 9 ,4 5 0
2 ,4 7 3 ,1 8 0
2 ,4 6 8 ,9 9 0
2 ,5 3 8 ,5 9 0
2 ,6 3 1 ,0 0 2
N o te : D ata a r e r e p o r te d by e x p o r t e r s , im p o r t e r s , i n d u s t r i a l and co m m ercia l
f ir m s , and o th e r nonb an k in g co n c e r n s i n t h e U n ite d S t a t e s . D ata e x c lu d e
c la im s h e ld th ro u g h U n ite d S t a t e s b a n k s, and in ter co m p a n y a c c o u n ts
b etw een fir m s in th e U n ite d S t a t e s and t h e i r a f f i l i a t e s a b ro a d . The
1/
1/
554
129
68
13 ....
208
10
11
313
4 38
764
229
2 ,6 9 2 ,2 9 7
2 ,5 8 6 ,8 5 2
2 ,5 6 0 ,4 7 3
2 ,9 5 4 ,8 3 4
d e t a i l e d breakdown o f t h e m ost r e c e n t d a ta i s shown i n T a b le 3 o f t h i s
S e c tio n .
D ata in c lu d e $ 4 ,2 5 5 th o u sa n d o f c la im s r e p o r te d by f ir m s r e p o r t i n g f o r
t h e f i r s t t im e .
p
P r e lim in a r y .
Treasury Bulletin
104
------------------------------------------------- CAPITAL M OVEM ENTS___________________________________
Section IV - Supplementary Data by Countries
Table 3. - Short-Term Liabilities to and Claims on Foreigners Reported by Nonbanking Concerns
Details as o f December 31, 1967p
(Position in thousands of dollars)
L ia b ilitie s
T o ta l
E u ro p e:
A u s t r i a .........................................................................................
B e lg iu m ........................................................................................
P a y a b le
in
fo r e ig n
c u r r e n c ie s
P a y a b le
in
d o lla r s
C oun try
C laim s
1 ,3 3 7
2 1 ,2 0 8
7 ,3 8 3
2 ,9 6 5
5 8 ,9 1 8
5 6 ,6 1 2
6 ,1 9 1
5 2 ,0 4 9
4 9 ,1 3 8
2 ,4 1 9
5 ,3 7 2
2 7 ,2 8 9
2 3 ,4 6 9
5 0 ,1 6 9
2 ,6 8 3
2 4 4 ,1 4 3
122
3 ,7 5 9
348
696
859
5 ,2 9 6
48
146
5 ,4 5 1
3 5 ,1 6 0
1 ,5 8 1
8 ,4 5 6
2 9 ,6 3 1
1 ,3 6 4
O th er E a s t e r n E u ro p e.........................................................
2 ,1 9 6
2 6 ,5 0 4
7 ,4 3 1
3 ,1 1 1
6 4 ,3 6 9
9 1 ,7 7 2
7 ,7 7 2
6 0 ,5 0 5
7 8 ,7 6 9
3 ,7 8 3
5 ,6 0 8
3 0 ,8 8 0
2 3 ,8 6 7
8 5 ,7 0 4
2 ,9 0 8
306,44-4
131
3 ,9 3 2
348
732
T o t a l E u ro p e............................................................................
8 0 6 ,7 6 6
C anada................................................................................................
L a t in A m erica:
A r g e n t in a ...................................................................................
B r a z i l ..........................................................................................
C h i l e .............................................................................................
P a y a b le in f o r e i g n
c u r r e n c ie s
P a y a b le
in
d o lla r s
T o ta l
D e p o s it s w ith
banks ab road
in r e p o r t e r ' s
own name
O ther
4 ,2 5 2
4 0 ,7 6 9
1 0 ,6 6 8
5 ,0 3 9
8 5 ,1 7 7
1 1 8 ,5 6 1
1 8 ,9 7 2
9 3 ,5 9 8
4 7 ,7 2 4
7 ,3 2 9
5 ,8 0 3
8 4 ,8 4 9
2 3 ,4 7 9
2 7 ,8 3 7
7 ,0 1 6
6 5 5 ,1 2 7
3 ,7 7 1
1 3 ,8 0 3
1 ,2 9 1
6 ,7 9 1
3 80
709
36
320
4 ,3 2 2
1 6 ,0 3 9
595
4 ,4 7 1
2 ,6 9 0
153
407
3 ,8 3 2
37
950
1 ,2 1 1
2 2 ,4 4 1
8
52
_
_
36
8 ,3 5 6
4 2 ,4 1 1
1 0 ,8 0 2
5 ,5 6 6
1 1 1 ,1 9 9
1 3 8 ,2 6 0
2 0 ,0 9 0
1 0 3 ,0 1 7
5 1 ,1 4 4
7 ,6 9 1
6 ,9 4 2
9 0 ,2 5 8
2 3 ,6 9 4
2 9 ,3 6 2
8 ,5 6 8
6 8 9 ,6 8 6
3 ,7 8 4
1 3 ,9 5 2
1 ,2 9 1
6 ,9 6 9
80
98
6 1 6 ,2 7 0
1 9 0 ,4 9 6
1 ,3 7 3 ,0 4 2
1 ,2 6 1 ,8 5 6
5 8 ,7 3 3
5 2 ,4 5 3
2 0 0 ,3 5 5
1 3 8 ,7 5 7
6 1 ,5 9 8
5 4 4 ,5 7 6
3 9 2 ,3 9 5
4 4 ,6 6 3
1 0 7 ,5 1 8
3 ,5 3 0
9 ,0 9 2
7 ,8 1 5
721
1 ,2 5 9
739
1 ,6 7 4
10
840
308
1 ,1 1 4
256
2 0 ,3 5 6
5 ,3 3 0
83
282
2 8 ,6 9 9
8 4 ,7 3 2
3 3 ,5 1 7
2 1 ,8 6 6
2 ,1 0 4
1 1 3 ,8 7 0
1 3 ,5 3 4
2 8 ,9 6 0
4 ,5 3 0
5 8 ,7 2 0
6 0 ,2 0 8
2 4 ,9 9 7
6 ,6 0 1
1 0 ,1 3 3
2 6 ,5 8 4
8 2 ,4 9 1
3 2 ,2 3 9
1 9 ,2 5 2
169
1 0 7 ,7 2 6
1 2 ,4 1 2
2 7 ,0 0 0
4 ,3 5 6
5 1 ,6 9 4
5 1 ,9 8 5
2 3 ,7 9 2
6 ,4 4 1
9 ,8 2 8
362
833
368
631
1 ,9 3 5
449
194
198
17
3 ,0 5 1
3 ,4 5 3
859
78
109
1 ,7 5 3
1 ,4 0 8
910
1 ,9 8 3
254
1 0 ,2 7 0
4 ,0 6 2
6,144865
3 2 ,8 2 6
2 3 ,3 1 6
7 ,5 9 8
5 ,3 8 9
1 ,1 2 8
2 ,8 0 9
7 ,8 3 3
7 ,0 7 6
6 ,9 7 4
244
9 ,4 3 0
3 ,7 5 4
5 ,0 3 0
609
1 2 ,4 7 0
1 7 ,9 8 6
7 ,3 5 8
5 ,3 0 6
846
5 ,6 9 5
928
1 ,7 6 2
157
3 ,9 7 5
4 ,7 7 0
3 46
82
196
1 2 0 ,9 3 7
8 7 ,7 2 5
3 3 ,2 1 2
4 9 2 ,4 7 1
4 5 5 ,9 6 9
1 2 ,5 3 7
2 3 ,9 6 5
719
4 ,4 0 6
1 0 ,5 7 9
4 ,4 0 1
2 ,4 0 6
4 5 ,7 6 9
893
5 ,7 4 9
4 ,5 8 1
4 ,0 9 2
3 5 ,9 7 0
-
786
1 ,3 0 4
56
191
1 6 ,4 1 4
92
1 ,3 8 5
2 86
796
9 ,4 6 3
24
8 ,7 8 7
4 2 ,6 4 2
3 ,3 6 1
6 ,4 0 6
2 1 2 ,9 0 8
8 ,6 2 4
2 9 ,5 9 8
1 0 ,8 1 8
1 0 ,0 5 8
8 9 ,1 2 7
23
7 ,5 1 8
3 6 ,2 5 4
3 ,2 7 2
5 ,5 3 3
1 3 4 ,3 3 5
8 ,2 1 9
2 7 ,0 6 9
1 0 ,5 7 2
9 ,3 2 4
7 8 ,7 4 0
_
O ther A s i a .................................................................................
719
5 ,1 9 2
1 1 ,8 8 3
4 ,4 5 7
2 ,5 9 7
6 2 ,1 8 3
985
7 ,1 3 4
4 ,8 6 7
4 ,8 8 8
4 5 ,4 3 3
1
1 ,0 9 9
1 ,6 2 1
38
837
1 9 ,6 1 6
3 80
1 ,6 9 0
150
322
5 ,5
T o t a l A s i a .................................................................................
1 5 0 ,3 3 8
1 1 9 ,5 6 5
30,773
170
4 ,7 6 7
51
36
5 8 ,9 5 7
25
839
96
412
4 ,8 2 3
4 2 2 ,3 5 3
3 2 0 ,8 5 9
7 0 ,1 7 6
3 1 ,3 1 8
A f r ic a :
Congo ( K in s h a s a ) ...................................................................
M orocco................................................................ ........................
S ou th A f r i c a ............................................................................
U n ite d Arab R e p u b lic ( E g y p t ) .....................................
O ther A f r i c a ............................................................................
439
455
7 ,7 9 1
3 ,4 5 4
1 1 ,1 6 9
213
372
7 ,5 2 8
2 ,8 2 3
8 ,4 5 2
226
83
263
631
2 ,7 1 7
2 ,6 6 7
2 ,9 9 2
1 4 ,4 5 5
6 ,8 9 8
3 1 ,1 5 3
1 ,1 0 8
2 ,6 5 5
1 3 ,5 0 3
3 ,8 4 0
2 6 ,3 9 1
64
160
361
2 ,2 2 1
2 ,0 5 0
1 ,4 9 5
177
591
8 37
2 ,7 1 2
T o t a l A f r i c a ............................................................................
2 3 ,3 0 8
1 9 ,3 8 8
3 ,9 2 0
5 8 ,1 6 5
4 7 ,4 9 7
4 ,8 5 6
5 ,8 1 2
5 8 ,1 4 4
6 ,9 2 8
3 5 ,9 1 6
5 ,8 4 0
2 2 ,2 2 8
1 ,0 8 8
7 ,1 3 0
4 0 ,5 4 1
4 ,8 0 6
1 0 ,2 0 1
454
6 ,1 2 6
1 ,8 7 0
T o t a l o th e r c o u n t r i e s ......................................................
6 5 ,0 7 2
4 1 ,7 5 6
2 3 ,3 1 6
6 3 ,9 9 8
4 5 ,3 4 7
1 0 ,6 5 5
7 ,9 9 6
I n t e r n a t i o n a l and r e g i o n a l :
I n t e r n a t i o n a l .......... ..............................................................
E uropean r e g i o n a l ................................................................
30
1
30
1
-
-
-
208
10
11
2 08
10
11
_
_
_
-
-
-
-
-
-
-
-
31
31
-
229
229
-
-
1 ,3 6 6 ,8 0 7
1 ,0 2 3 ,4 9 2
3 4 3 ,3 1 5
2 ,9 5 4 ,8 3 4
2 ,5 2 4 ,1 5 2
2 0 1 ,6 2 0
2 2 9 ,0 6 2
F in la n d .........................................................................................
F r a n c e ...........................................................................................
I t a l y .............................................................................................
Norway...........................................................................................
P o r t u g a l......................................................................................
S p a in .............................................................................................
Sw eden...........................................................................................
S w i t z e r l a n d ...............................................................................
T u rk ey...........................................................................................
U n ite d Kingdom.......................................................................
Y u g o s la v ia ................................................................ ................
O th er W estern E u ro p e.........................................................
Cuba................................................................................................
M e x ic o ...........................................................................................
Panama...........................................................................................
P e r u ................................................................................................
U ruguay........................................................................................
V e n e z u e la ....................................................................................
O ther L a t in A m erican R e p u b li c s ................................
Bahamas and Bermuda...........................................................
N e th e r la n d s A n t i l l e s and S urin am ...........................
T o t a l L a tin A m eric a ...........................................................
A sia :
C hina M a in la n d .......................................................................
I n d i a .............................................................................................
I s r a e l ................................................................................. .........
J ap an ........................................................... .................................
P h i l i p p i n e s ...............................................................................
T aiw an ...........................................................................................
O ther c o u n t r ie s :
A u s t r a l i a ....................................................................................
Note:
8,648
This table presents the detailed breakdown of the latest data that
are shown in Tables 1 and 2 of this section. Data are reported by
exporters-, importers, industrial and commercial firms, and other
236
3 ,5 9 1
398
3 5 ,5 3 5
225
6 2 ,3 0 1
9
173
-
240
56,868
3 ,7 2 4
933
98
207
2 1 ,7 0 0
3 ,6 6 0
523
4 ,9 4 8
730
209
732
1 ,5 7 7
178
575
341
1 2 ,1 1 8
5
97
_
64
_
nonbanking concerns in the United States. Data exclude claims held
through United States banks, and intercompany accounts between firms
in the United States and their affiliates abroad, p
Preliminary.
May 1968
105
________________________ CAPITAL MOVEMENTS________________________
Section IV - Supplementary Data by Countries
Table 4. - Long-Term Liabilities to Foreigners Reported by Nonbanking Concerns
(Position at end of period in thousands of dollars)
1965
1966
196 7
C oun try
December
E u ro p e:
A u s t r i a ................................................................
B e lg iu m ................................................................
-
1 ,8 1 7
F in l a n d ................................................................
G r e e c e ..................................................................
I t a l y .....................................................................
P o r t u g a l.............................................................
S p a in .....................................................................
-
682
5 ,2 4 7
691
1 ,4 8 9
2 9 ,7 2 7
1
130
161
-
S w i t z e r l a n d ......................................................
T u rk ey..................................................................
U n ite d Kingdom...............................................
Y u g o s la v ia ........................................................
O th er W estern E u rop e................................
2 ,7 5 9
L a tin A m erica:
A r g e n tin a ...........................................................
B r a z i l ..................................................................
C h i l e .....................................................................
C o lo m b ia .............................................................
Cuba.......................................................................
Panama..................................................................
P e r u .......................................................................
U ruguay................................................................
O ther L a tin
Bahamas and
N e t h e r la n d s
O th er L a tin
-
300
1 ,8 1 2
-
636
5 ,3 3 0
691
1 ,5 9 3
2 9 ,7 2 6
1
130
161
-
14,222
S ep tem b er
300
13
300
_
601
7 ,3 9 4
904
9 06
-
-
4
569
3 3 ,2 2 3
78
-
636
8,220
691
1,666
2 6 ,3 7 5
1
130
161
120
535
,9 6 6
691
1 ,7 5 3
2 6 ,3 8 7
4
128
30
41,884
1 9 ,8 5 1
125
1 9 ,8 5 0
2 6 ,3 3 4
3
171
261
700
3 5 ,1 6 1
161
March
June
_
_
_
4 ,8 7 8
1 ,7 7 3
720
_
_
839
3 3 ,4 9 9
5
5 4 ,7 5 3
3 0 ,8 3 4
_
136
200
690
4 0 ,0 7 4
-
-
_
3 6 ,4 0 0
5 7 ,4 7 0
32
7 6 ,3 9 6
47
1 1 2 ,0 2 6
26
1 2 4 ,2 9 7
71
2 0 6 ,0 9 6
-
_
_
_
_
_
-
-
_
_
2 7 0 ,7 5 1
_
31
7 9 ,1 3 7
112,104
1 3 5 , 511
1 9 3 ,8 5 8
5 8 ,7 4 4
5 4 ,8 3 7
4 3 ,8 8 2
4 3 ,7 0 9
506
139
448
115
2 69
647
60
1 ,0 3 7
165
387
464
282
253
7 07
60
968
165
385
96
547
386
271
644
60
982
164
337
1
111
1
117
106
326
647
60
201
126
419
107
5
165
100
1
122
-
-
-
-
1 ,1 0 7
-
1 ,0 0 5
-
907
-
877
-
T o t a l L a tin A m erica ..................................
3 ,8 0 8
4 ,3 5 6
4 ,4 0 5
4 ,4 8 6
12
350
387
138
2
1
5
22
12
3 50
382
138
14
12
12
112
138
1
10
350
2 59
352
-
_
46,216
2 ,2 0 9
212
224
779
60
101
243
34
104
1 ,3 4 0
90
2 ,5 0 0
877
-
8 ,7 7 3
12
352
76
138
_
1
10
47
_
_
26
_
_
_
3 7 4 ,616
_
838
31,216
5
5 6 ,1 3 0
3 1 ,5 2 7
_
100
300
680
2 2 ,4 1 5
_
_
-
3 4 9 ,9 2 3
3 3 7 ,9 2 8
3 3 9 ,1 2 0
5 2 .8 3 1
4 8 .8 2 3
4 8 ,9 5 1
2 ,3 5 4
2 ,8 2 4
223
118
5 ,2 0 0
802
6 00
2 ,4 9 6
2 ,7 9 3
276
70
60
126
263
23
4 ,6 2 2
1 ,5 0 1
237
9 ,9 8 3
802
600
1 3 ,3 1 9
802
600
4 ,6 8 4
165
41 6
1 3 ,0 1 9
802
6 00
16,168
2 3 ,8 5 2
2 7 ,3 4 2
2 6 ,6 1 4
664
60
126
241
35
89
2,832
12
12
352
53
352
53
5 ,0 0 0
_
_
_
23_
23
138
_
4 ,7 1 3
2 ,8 0 1
2 ,8 1 1
2 ,8 1 1
T o t a l A s i a ........................................................
3 ,1 9 3
3 ,1 1 4
2 ,6 6 3
5 ,3 8 5
3 ,4 3 7
8 ,3 8 9
A fr ic a :
Congo ( K in sh a sa ) ..........................................
M orocco................................................................
S o u th A f r i c a ....................................................
U n ite d Arab R e p u b lic ( E g y p t ) .............
_
_
_
_
_
_
_
_
_
_
_
131
131
28
99
26
99
24
118
15
T o t a l A f r i c a ............................................
20
_
_
151
159
125
123
133
O th er c o u n t r ie s :
A u s t r a l i a ...........................................................
A l l o t h e r ...........................................................
2 ,3 7 5
5
1 ,5 2 1
1 ,5 4 1
5
1 ,4 2 5
103
_
T o t a l o t h e r c o u n t r i e s ..............................
2,380
_
_
lj 521
1 ,5 4 6
1 ,4 2 5
103
I n t e r n a t i o n a l and r e g i o n a l ......................
-
-
-
-
-
Grand t o t a l ...........................................................
1 4 7 ,4 1 3
1 7 6 ,0 9 1
188,132
Note: Data are reported by exporters, importers, industrial and commercial firms, and other nonbanking concerns in the United States. Data
exclude intercompany accounts between firms in the United States and
their affiliates abroad.
248,986
1/
p
3 2 9 ,4 1 3 1 /
_
5 4 ,3 0 7
1 ,9 9 4
_
_
400
1 6 8 ,0 2 9
38
2 ,1 8 9
47
_
1 7 9 ,0 6 0
23
_
_
2 ,2 7 6
47
5
5 5 ,4 9 9
4 9 ,7 0 0
2 0 1 ,8 0 9
25
_
-
-
,684_
100
300
_
850
36,168
591
2 7 ,1 2 0
_
-
_
_
851
3 7 ,0 2 0
5
5 6 ,7 6 3
41
_
_
_
-
1
_
680
1 9 ,6 6 9
I s r a e l ..................................................................
Jap an .....................................................................
K orea.....................................................................
P h i l i p p i n e s ......................................................
T aiw an ..................................................................
T h a ila n d .............................................................
O th er A s i a ........................................................
1
5
23
Decem ber p
_
-
2
S ep tem b er
7 ,4 6 4
-
Am erican R e p u b l i c s . . . .
Bermuda..................................
A n t i l l e s and S u r in a m ..
A m eric a ..................................
A s ia :
C hina M a in la n d ...............................................
Decem ber 1 /
-
-
C anada.......................................................................
June
March
_
2,022
3 ,1 3 4
246
302
60
97
263
18
4 ,6 9 3
1 ,4 9 6
290
12
352
_
_
23
3
2 ,0 2 8
3 ,1 2 5
40 1
462
100
312
500
12
_
352
3
1
23
3
3 ,2 5 1
22
412
2,361
117
114
177
112
410
110
622
139
291
522
732
1
1
_
_
-
22
1
_
1
1
1
_
_
_
4 5 3 ,6 2 0
4 3 0 ,1 4 9
W.Q2&
1 ,9 6 7
_
4 1 7 ,7 7 8
Data include $2,500 thousand of liabilities reported by firms reporting for the first time,
Preliminary,
Treasury Bulletin
106
________________________ .CAPITAL MOVEMENTS______________________
Section IV - Supplementary Data by Countries
Table 5. - Long-Term Claims on Foreigners Reported by Nonbanking Concerns
(Position at end of period in thousands of dollars)
1966
1965
196 7
C oun try
March
D ecem ber
June
Sep tem b er
Decem ber l /
March
June
S ep tem b er
D ecem ber p
E u ro p e:
1 ,1 7 2
8 ,7 9 8
5 ,0 8 4
1 ,4 4 0
6 ,7 7 5
4 8 ,6 7 0
1 7 ,3 8 5
284
351
9 ,4 2 2
3 9 ,6 1 1
1 ,1 2 5
1 2 ,6 8 9
6 ,0 8 4
2 3 ,4 0 1
514
3 ,6 1 3
1 ,2 8 3
8 ,5 7 3
4 ,7 2 0
1 ,4 5 6
1 4 ,2 9 8
9 ,0 5 9
4 9 ,2 3 8
2 1 ,0 0 7
134
384
1 7 ,5 3 7
4 5 ,7 1 4
1 ,7 4 9
1 1 ,3 1 1
6 ,1 5 3
2 6 ,5 8 2
1 ,8 9 2
3 ,6 0 4
1 ,2 3 9
8 ,6 5 3
2 ,8 6 8
1 ,4 3 1
1 3 ,8 5 9
3 6 ,8 0 2
5 1 ,6 3 3
2 0 ,9 5 5
161
364
2 1 ,6 7 2
5 0 ,2 4 4
1 ,5 9 1
1 1 ,2 7 8
6 ,1 2 3
3 1 ,3 4 2
122
3 ,4 7 9
1 ,1 7 6
1 0 ,8 1 6
5 ,9 7 7
1 ,3 4 7
1 4 ,8 8 4
6 0 ,8 3 9
5 2 ,7 0 8
2 3 ,0 9 4
1 ,6 7 4
1 ,0 4 3
1 2 ,5 0 9
6 2 ,8 0 5
1 ,6 8 7
20
8 ,0 6 4
2 7 ,1 9 8
296
3 ,9 1 5
1 ,1 4 8
9 ,0 2 5
7 ,3 1 3
1 ,2 7 5
1 8 ,4 2 7
1 4 ,2 7 7
5 1 ,8 6 5
2 1 ,1 5 2
2 ,2 7 3
1 ,0 9 5
1 2 ,2 8 3
5 8 ,0 4 5
1 ,0 8 2
4 ,0 4 2
3 ,6 5 3
3 9 ,7 2 8
298
4 ,5 6 5
1 ,1 4 5
7 ,7 7 2
1 1 ,1 3 4
1 ,0 7 8
1 6 ,9 4 5
3 5 ,5 7 2
5 0 ,7 3 2
2 2 ,4 6 8
3 ,8 6 4
5 ,1 6 5
1 2 ,1 2 9
6 0 ,4 7 3
1 ,8 5 7
1 5 ,9 1 0
5 ,7 3 6
4 3 ,4 2 4
247
4 ,6 5 5
-
Y u g o s la v ia .........................................................
O ther W estern E u ro p e................................
1 ,3 1 2
3 ,1 6 5
3 ,3 6 2
1 ,7 1 6
1 0 ,8 2 4
7 ,1 1 6
3 0 ,4 3 8
1 9 ,4 4 8
68
2 ,2 4 3
4 ,4 0 4
1 6 ,6 4 3
1 ,0 9 4
1 ,3 6 9
6 ,0 0 1
3 0 ,5 9 6
740
2 ,1 8 2
-
-
-
-
-
-
-
-
O th er E a s te r n E u ro p e................................
170
248
210
-
-
-
-
1
-
T o t a l E u ro p e....................................................
1 4 2 ,8 9 1
1 5 0 ,7 6 1
1 9 3 ,8 5 6
1 9 7 ,4 5 8
2 2 4 ,6 9 4
2 6 3 ,8 1 6
2 9 0 ,0 5 2
2 5 1 ,5 4 7
3 0 0 ,3 0 6
2 3 5 ,9 6 2
2 3 9 ,3 8 5
2 5 0 ,8 6 9
2 6 6 ,7 0 6
2 7 2 ,2 6 8
2 8 2 ,6 1 2
3 0 3 ,4 6 7
3 0 8 ,5 7 0
3 1 0 ,2 0 3
8 1 ,7 0 3
2 0 9 ,4 1 2
9 1 ,7 1 5
2 0 4 ,6 7 1
1 3 ,4 8 1
1 7 ,2 4 3
7 ,8 4 1
6 1 ,1 2 9
7 ,2 5 4
1 6 ,0 3 6
2 ,4 1 5
1 9 ,5 9 0
8 1 ,3 6 5
2 0 1 ,5 3 3
1 3 ,6 6 4
1 7 ,4 5 2
7 ,8 4 1
6 3 ,8 2 2
8 ,0 9 3
1 6 ,7 8 3
2 ,7 1 4
8 4 ,5 6 0
2 0 2 ,6 5 7
1 3 ,9 6 6
1 4 ,5 9 3
7 ,8 4 1
5 6 ,2 2 8
8 ,0 9 3
1 7 ,3 5 3
2 ,7 2 1
2 3 ,4 9 3
2 8 ,7 1 4
7 ,8 4 4
1 ,4 8 0
1 ,4 5 6
8 0 ,4 2 1
2 0 2 ,9 3 4
1 7 ,9 9 0
15 ,:-7 7
7 ,8 4 1
5 8 ,3 2 7
7 ,8 1 1
1 7 ,6 1 6
2 ,^ 0 2
2 1 ,2 4 6
3 0 ,2 8 7
5 ,8 7 9
1 ,4 7 9
1 ,1 5 5
8 0 ,3 2 6
2 1 4 ,4 8 5
9 7 ,3 2 7
1 4 ,6 5 4
7 ,8 4 1
8 7 ,8 8 5
8 ,4 8 5
1 7 ,2 6 3
2 ,6 6 1
2 1 ,2 8 8
3 2 ,0 6 5
5 ,8 8 6
1 ,4 8 2
688
8 0 ,2 6 6
2 1 1 ,6 8 0
9 2 ,3 1 0
1 4 ,6 3 1
8 ,8 0 7
8 4 ,0 1 9
7 ,5 7 3
1 6 ,9 5 6
2 ,3 2 9
2 1 ,2 6 7
3 2 ,3 5 0
5 ,5 7 5
10
1 ,1 4 4
8 7 ,5 7 5
2 1 1 ,5 5 7
9 0 ,6 8 2
1 6 ,0 1 3
8 ,7 9 9
8 5 ,1 9 0
8 ,2 6 1
1 8 ,2 7 9
1 ,6 6 9
1 4 ,8 3 3
3 5 ,6 6 8
5 ,5 3 9
3
583
4 7 0 ,8 6 5
5 9 2 ,3 3 6
5 7 8 ,9 1 7
5 8 4 ,6 5 1
62
1 9 ,0 9 4
5 ,9 0 1
1 5 ,8 3 5
1 0 7 ,8 6 2
1 ,4 8 0
2 0 ,8 1 6
8 ,7 2 6 .
515
2 5 ,1 2 2
419
1 6 ,4 2 1
5 ,4 3 1
1 4 ,0 9 7
1 1 0 ,2 7 7
1 ,2 0 7
2 0 ,4 6 3
9 ,8 3 7
3 ,2 3 1
2 7 ,3 4 7
552
1 6 ,6 7 9
4 ,7 5 8
1 4 ,4 4 3
1 0 8 ,8 8 2
2 ,0 3 8
2 2 ,5 1 2
1 1 ,3 7 6
2 ,9 2 5
2 8 ,0 0 3
539
1 6 ,4 1 6
5 ,4 1 0
1 4 ,0 7 7
1 2 8 ,0 4 2
2 ,2 5 7
2 2 ,7 8 7
1 4 ,5 7 7
2 ,8 6 5
3 8 ,4 3 0
2 0 5 ,4 1 3
2 0 8 ,7 3 0
2 1 2 ,1 6 8
2 4 5 ,4 0 0
Germany................................................................
I t a l y .....................................................................
N e t h e r la n d s ......................................................
Norway..................................................................
Sw eden..................................................................
T u rk ey ..................................................................
L a t in A m erica:
A r g e n tin a ...........................................................
B r a z i l ..................................................................
C h i l e .....................................................................
C olu m bia..............................................................
Cuba.......................................................................
1 ,2 7 3
3 ,5 7 3
5 ,7 0 3
1 ,5 8 8
1 0 ,7 2 7
6 ,6 5 9
3 1 ,6 2 8
1 7 ,1 1 0
146
1 ,7 9 4
4 ,6 7 5
1 6 ,8 2 6
1 ,2 1 0
1 1 ,7 8 7
6 ,1 3 3
2 6 ,7 2 1
763
2 ,1 9 7
1 ,1 9 4
7 ,1 6 4
5 ,5 2 7
1 ,5 8 1
1 1 ,3 0 5
6 ,8 5 8
5 5 ,8 6 8
1 7 ,2 0 8
384
1 ,0 7 3
6 ,4 4 6
2 7 ,6 6 7
1 ,0 9 2
1 2 ,7 3 6
6 ,1 4 2
2 6 ,8 2 0
884
3 ,6 9 7
11,040
U ruguay...................... .........................................
V e n e z u e la ...........................................................
O th er L a t in A m erican R e p u b l i c s . . . .
Bahamas and Bermuda...................................
N e th e r la n d s A n t i l l e s and S u r in a m ..
1 4 ,7 3 1
1 ,4 5 4
1 3 ,8 6 0
2 9 ,8 2 1
8 ,5 1 8
1 ,4 6 8
2 ,0 2 4
8 5 ,0 6 3
2 0 7 ,8 6 9
1 4 ,9 3 9
1 6 ,8 3 8
7 ,8 4 1
6 1 ,1 8 2
6 ,1 7 7
1 5 ,9 3 8
3 ,3 5 4
1 4 ,4 1 6
3 0 ,3 1 7
8 ,2 2 5
1 ,5 1 5
1 ,4 4 0
1 ,5 9 9
2 9 ,1 8 5
7 ,7 7 3
1 ,4 8 3
1 ,0 3 8
T o t a l L a t in A m erica ...................................
4 7 2 ,1 2 0
4 7 5 ,1 1 4
4 8 2 ,6 7 6
4 7 4 ,0 4 7
4 7 0 ,9 9 9
-
1 6 ,2 0 0
9 8 ,3 4 0
717
2 3 ,0 4 6
8 ,3 4 5
197
1 8 ,2 7 1
1 3 ,7 0 6
5 ,9 8 1
1 6 ,9 1 3
9 7 ,5 4 8
1 ,2 6 0
1 9 ,0 1 9
8 ,2 4 5
222
2 1 ,8 7 2
42
1 5 ,2 9 5
6 ,0 5 2
1 5 ,9 7 6
9 0 ,2 6 3
1 ,1 2 7
2 0 ,5 6 3
8 ,0 8 9
306
2 2 ,1 5 8
42
1 6 ,1 7 6
5 ,9 6 2
1 5 ,8 8 4
1 0 1 ,8 2 8
1 ,2 7 2
2 0 ,5 8 5
8 ,0 9 6
679
2 1 ,9 5 0
62
1 7 ,9 8 4
5 ,9 3 5
1 5 ,3 0 5
9 5 ,1 1 2
3 ,2 1 3
1 8 5 ,0 0 1
1 8 4 ,7 6 6
1 7 9 ,8 7 1
1 9 2 ,4 7 4
1 8 8 ,3 7 9
121
1
4 ,4 6 7
8 0 ,5 9 1
121
978
4 ,6 0 2
8 1 ,7 8 6
121
194
4 ,1 8 9
8 1 ,4 4 3
121
842
3 ,9 7 0
8 4 ,8 9 2
948
3 ,9 6 6
8 2 ,1 1 3
188
222
839
3 ,8 6 2
7 9 ,2 7 3
660
47
1 ,0 4 6
3 ,8 3 2
7 9 ,1 9 1
857
47
1 ,2 2 8
3 ,7 4 7
8 1 ,1 3 0
676
42
699
3 ,7 5 5
8 3 ,9 4 1
T o t a l A f r i c a ....................................................
8 5 ,1 8 0
8 7 ,4 8 7
8 5 ,9 4 7
8 9 ,8 2 5
8 7 ,2 5 7
8 4 ,3 8 4
8 4 ,7 7 6
8 7 ,0 0 9
8 9 ,1 1 3
O ther c o u n t r ie s :
A u s t r a l i a ...........................................................
A l l o t h e r ...........................................................
1 6 ,8 8 6
1 ,0 0 0
1 7 ,1 2 7
1 ,6 6 8
1 2 ,5 2 6
1 ,1 0 4
1 3 ,3 2 7
875
1 1 ,8 5 7
887
1 5 ,7 1 6
1 ,1 6 6
1 3 ,4 0 0
1 ,2 0 0
1 2 ,0 0 8
1 ,3 2 0
1 4 ,2 8 8
1 ,2 7 6
T o t a l o t h e r c o u n t r i e s ..............................
1 7 ,8 8 6
1 8 ,7 9 5
1 3 ,6 3 0
14,202
1 2 ,7 4 4
1 6 ,8 8 2
1 4 ,6 0 0
1 3 ,3 2 8
1 5 ,5 6 4
I n t e r n a t i o n a l and r e g i o n a l ......................
_
_
-
-
-
-
23
-
-
1 ,1 3 9 ,0 4 0
1 ,1 5 6 ,3 0 8
1 ,2 0 6 ,8 4 9
1 ,2 3 4 ,7 1 2
1 ,3 2 3 ,9 7 2
1 ,4 9 3 ,9 8 4
1 ,4 5 1 ,5 3 9
1 ,5 4 5 ,2 3 7
Panama..................................................................
11,552
6,526
6 4 ,8 1 5
6,140
2 0 ,0 9 6
30,022
8 ,2 1 4
1,466
21,301
A s ia :
Hong Kong................................................. — .
I n d o n e s ia ...........................................................
I s r a e l ..................................................................
Ja p a n .....................................................................
K orea.....................................................................
T aiw an...................................................................
1 1 ,3 9 9
8,486
20,842
7 ,2 8 9
574
2 2 ,0 6 3
A f r ic a :
S outh A f r i c a ....................................................
U n ite d Arab R e p u b lic ( E g y p t ) .............
-
230
1 ,2 5 6 ,3 4 1 1 /
.................. —
Note: Data are reported by exporters, importers, industrial and commercial
firms, and other nonbanking concerns in the United States. Data
exclude claims held through United States banks and intercompany
1/
1
accounts between firms in the United States and their affiliates abroad,
Data include $5,519 thousand of claims reported by firms reporting
for the first time.
p
Preliminary.
May 1968
107
___________________ CAPITAL MOVEMENTS____________________
Section IV - Supplementary Data by Countries
Table 6. - Foreign Credit and Debit Balances in Brokerage Accounts
( P o s i t i o n a t end o f p e r io d i n th o u sa n d s o f d o l l a r s )
C r e d it b a la n c e s (d u e t o f o r e i g n e r s )
C oun try
E u ro p e:
A u s t r i a ................................................. ..............
B e lg iu m ..............................................................
December
1964
Decem ber
196 5
Decem ber
1966
233
2 ,5 2 2
71
4
6 ,5 6 2
3 ,3 5 0
195
2 ,8 8 4
4 ,2 9 6
1 ,5 0 7
340
1 ,8 0 3
439
4 7 ,0 1 5
34
1 2 ,5 1 0
1 ,1 8 7
1 ,2 1 3
4 ,0 5 7
355
26
7 ,6 4 4
4 ,0 5 6
396
3 ,9 5 2
7 ,4 5 9
1 ,2 1 2
628
3 ,2 5 0
667
5 2 ,9 6 5
55
1 4 ,9 5 6
17
1 ,6 3 2
510
3 ,2 5 1
1 ,0 7 0
3 ,8 6 2
8
8 ,4 5 5
9 ,6 2 2
7 ,1 5 1
7 ,9 6 1
1 ,0 8 2
480
1 ,9 6 7
659
6 1 ,3 6 1
20
1 3 ,2 0 9
11
2 ,1 9 8
-
-
-
140
June
1967
Decem ber
1 964
Decem ber
1965
1 ,7 1 9
5 ,6 4 0
485
126
1 5 ,0 6 7
1 1 ,3 7 1
29 9
8 ,5 4 0
1 0 ,7 1 1
1 ,8 4 2
440
3 ,3 0 3
3 ,3 8 3
9 4 ,7 3 5
153
2 9 ,9 7 1
10
2 ,0 1 3
113
977
152
14
3 ,9 3 9
4 ,8 5 8
508
3 ,8 4 5
2 ,4 3 7
210
38
1 ,8 1 6
678
1 5 ,2 3 9
105
6 ,9 8 7
19
585
212
861
44
28
5 ,5 5 6
5 ,1 1 1
775
4 ,8 7 6
3 ,9 6 2
668
79
1 ,3 0 6
304
-
-
Decem ber
196 7
400
256
76
87
58
1 3 ,3 6 1
9 ,3 9 1
42 6
7 ,4 5 4
1 0 ,5 9 2
1 ,3 0 8
350
3 ,9 5 2
1 ,3 5 0
8 3 ,1 1 9
22
2 2 ,9 7 3
38
2 ,7 4 8
_
89
T o t a l E u rop e....................................................
8 5 ,2 0 8
1 0 4 ,6 1 6
1 1 8 ,4 1 2
1 6 2 ,5 6 3
1 8 9 ,8 9 2
C anada.......................................................................
8 ,8 4 6
1 5 ,3 9 0
1 7 ,0 0 1
3 7 ,6 1 6
A m erican R e p u b l i c s . . . .
Bermuda..................................
A n t i l l e s and S u r in a m ..
A m erica ..................................
1 ,0 9 7
871
499
417
58
3 ,0 6 6
1 ,5 9 6
423
1 ,5 4 5
2 ,0 8 6
633
487
1 ,9 0 0
359
1 ,9 8 3
911
386
679
226
3 ,5 8 4
2 ,3 7 8
391
1 ,6 1 1
5 ,5 8 0
912
1 ,1 6 6
1 ,6 9 2
91
2 ,2 3 6
485
318
674
62
3 ,8 2 2
5 ,9 3 6
514
2 ,1 2 4
3 ,6 3 6
1 ,0 4 5
2 ,8 7 6
1 ,8 1 6
175
1 ,2 3 9
649
606
630
63
4 ,0 5 9
2 ,0 4 8
463
2 ,2 6 9
4 ,6 1 6
903
6 ,1 2 4
3 ,4 5 6
449
T o t a l L a tin A m erica ..................................
1 5 ,0 3 7
2 1 ,5 9 0
2 5 ,7 1 9
2 7 ,5 7 4
1
4 ,3 7 8
52
35
371
563
38
199
135
23
9 ,5 4 7
1
5 ,3 0 8
166
13
579
1 ,2 1 9
31
T aiw an ..................................................................
T h a ila n d .............................................................
O th er A s i a ........................................................
9
2 ,8 1 6
43
36
47
414
3
68
43
20
2 ,5 5 7
F i n l a n d ................................................................
F r a n c e ..................................................................
G r e e c e .................................................................
I t a l y .....................................................................
Ne t h e r l a n d s ......................................................
N orw ay..................................................................
P o r t u g a l.............................................................
S p a in .....................................................................
Sw eden..................................................................
S w it z e r la n d ......................................................
T u rk ey..................................................................
U n ite d Kingdom...............................................
Y u g o s la v ia ........................................................
O th er W estern E u rop e................................
L a tin A m erica:
A r g e n tin a ...........................................................
B r a z i l ..................................................................
C h i l e .....................................................................
Cuba.......................................................................
M e x ic o ..................................................................
Panama..................................................................
P e r u .......................................................................
U ruguay................................................................
O ther L a tin
Bahamas and
N e th e r la n d s
O th er L a tin
240
D e b it b a la n c e s (d ue from f o r e i g n e r s )
1
84
368
20,040
66
1 2 ,6 6 1
555
_
18
Decem ber
196 6
119
1 ,0 5 9
103
5
5 ,1 9 0
5 ,8 9 5
1,042
5 ,5 9 0
1 ,9 2 7
763
294
2 ,9 2 2
210
1 9 ,8 7 1
265
1 2 ,1 0 0
June
1 967
Decem ber
1 967
84
I
1 ,0 4 9
328
4
8 ,9 1 7
7 ,3 1 7
9 06
7 ,3 7 5
4 ,3 5 3
358
387
4 ,2 5 4
195
3 8 ,1 5 3
306
1 8 ,5 3 7
225
2 ,0 3 7
1 ,0 5 1
86
9 ,6 8 0
1 2 ,5 1 2
969
9 ,2 5 2
5 ,3 4 7
371
145
3 ,4 5 9
1 ,6 6 4
6 2 ,0 9 0
116
2 3 ,1 4 8
-
-
-
1 ,2 6 5
_
1
1 ,2 2 3
_
-
1 ,5 4 7
_
5
42,888
5 7 ,1 2 2
5 8 ,6 2 1
9 3 ,8 4 6
1 3 3 ,7 0 4
5 0 ,3 2 9
2 1 ,3 2 5
2 4 ,5 9 9
2 7 ,6 5 8
4 5 ,2 4 9
70,. 501
1 ,4 0 9
6 86
522
972
978
14
4 ,8 1 0
2 ,0 2 6
528
2 ,1 3 0
3 ,9 6 7
1 ,0 6 2
6 ,2 5 2
3 ,9 7 0
425
1 ,8 8 1
558
657
287
7
2 ,6 3 4
1 ,4 9 5
303
1 ,3 1 6
1 ,5 7 7
529
224
2 ,2 8 6
197
1 ,3 9 0
458
142
572
6
4 ,9 2 5
2 ,4 4 2
385
566
1 ,5 7 0
147
1 ,6 0 7
7 90
610
405
6
4 ,3 0 5
4 ,2 6 9
475
1 ,3 5 5
2 ,2 9 6
482
890
2 ,8 0 1
46
2 ,4 6 6
7 20
4 ,2 8 5
2 ,1 3 5
105
2 ,8 3 9
1 ,1 9 5
396
341
5
5 ,8 6 7
5 ,0 4 7
250
1 ,3 4 6
2 ,9 7 1
772
1 2 ,6 9 1
3 ,9 5 7
108
2 8 ,2 6 9
1 3 ,9 5 1
1 3 ,3 2 7
2 0 ,3 3 7
2 1 ,3 3 1
3 7 ,7 8 5
-
4
1 4 ,7 7 0
51
30
650
525
3
146
95
121
6 ,3 9 8
_
1 1 ,1 3 8
87
8
599
996
3
287
96
95
7 ,0 5 1
_
1 4 ,2 3 9
59
68
482
1 ,6 9 7
_
1 ,0 8 3
1 24
52
9 ,2 2 7
_
1 9 ,1 6 8
60
51
1 ,1 3 6
7
1 ,4 4 7
207
18
1 6 ,6 5 3
468
242
537
6
2 ,1 8 9
1 ,8 9 1
266
1 ,0 2 4
2 ,2 9 1
648
1,300
A s ia :
Hong Kong...........................................................
I n d o n e s ia ...........................................................
I s r a e l ..................................................................
J ap an .....................................................................
-
474
35
4 ,8 3 9
6 ,1 0 8
64
19
273
1 ,4 3 4
29
397
2 09
91
7 ,1 2 2
53
71
303
1 ,7 7 3
12
559
167
8
5 ,8 7 4
53
8 ,0 4 7
203
9
311
27 6
128
55
2
2 ,5 5 5
242
6,030
1,300
T o t a l A s i a ........................................................
6 ,0 5 6
1 5 ,3 4 2
1 2 ,9 0 7
1 5 ,7 4 6
1 4 ,8 5 0
1 1 ,6 3 9
2 2 ,7 9 3
2 0 ,3 6 0
2 7 ,0 3 1
4 0 ,0 4 7
A fr ic a :
Congo ( K in sh a sa ) ..........................................
M orocco................................................................
S o u th A f r i c a .......... ........................................
U n ite d Arab R e p u b lic ( E g y p t ) ............
O th er A f r i c a ...................................................
23
28
62
4
332
27
49
181
7
86 6
6
73
64
10
517
7
47
106
15
8 69
24
305
121
15
973
19
71
26
23
36 6
65
37
120
12
402
5
72
173
15
379
1
72
219
29
567
106
378
7
415
T o t a l A f r i c a ...................................................
449
1 ,1 3 0
670
1 ,0 4 4
1 ,4 3 8
505
6 36
644
888
906
O th er c o u n t r ie s :
A u s t r a l i a ...........................................................
A l l o t h e r ...........................................................
172
253
331
58
223
114
165
183
128
1 36
189
249
264
194
117
309
45
337
567
311
3 25
354
402
T o ta l o t h e r c o u n t r i e s ..............................
425
389
198
2 94
492
513
311
I n t e r n a t i o n a l and r e g i o n a l ......................
3
-
-
-
-
2
-
-
-
-
Grand t o t a l ..........................................................
1 1 6 ,0 2 4
1 5 8 ,4 5 7
1 7 5 ,2 0 1
2 4 4 ,8 8 0
2 8 5 ,3 4 5
9 0 ,6 2 1
1 1 8 ,8 0 2
1 2 8 ,1 3 3
1 8 8 ,6 5 6
2 8 3 ,2 9 7
Treasury Bulletin
108
.CAPITAL M OVEM ENTS.
T ab le 7.
S ection IV - S upplem entary Data by C ountries
S h ort-T erm Banking L ia b ilitie s to Foreigners in C ou n tries and Areas
Not R egu la rly R eported Separately
( P o s i t i o n a t end o f p e r io d in th o u sa n d s o f d o l l a r s )
Dee eraber
Country-
A p r il
1967
Decembe
1967
1 ,7 3 3
1 ,0 6 4
6 ,5 5 1
8 ,8 7 6
2 5 ,2 6 0
845
3 ,1 4 6
1 ,4 7 8
1 ,1 0 4
5 ,7 1 0
7 ,3 8 5
2 1 ,7 3 0
1 ,1 5 6
4 ,6 8 7
1 ,6 6 5
883
4 ,2 9 4
8 ,8 0 8
3 1 ,5 1 4
1 ,3 4 5
3 ,4 8 9
1 ,3 2 1
403
2 ,4 9 8
1 ,9 8 2
1 ,4 1 8
1 ,6 5 2
386
356
1 2 ,7 4 9
6
1 ,7 0 0
530
5 ,4 3 9
3 ,7 2 3
1 ,5 7 0
2 ,2 2 5
378
350
1 3 ,2 1 9
6 ,5 7 5
5 ,5 6 5
700
1 ,3 9 0
5 ,3 0 0
1 ,5 1 8
2 ,4 1 1
273
290
1 3 ,9 6 7
5 ,2 0 0
2 ,6 2 9
704
2 ,1 0 3
5 ,1 9 8
n .a .
2 ,9 7 7
n .a .
n .a .
1 9 ,1 8 1
n. a .
n .a .
3 2 ,5 6 7
2 9 .1 2 7
5 8 ,0 3 7
5 3 ,4 4 9
4 7 ,8 6 2
1 2 ,9 4 0
2 0 ,0 3 1
5 ,5 6 4
3 4 ,9 6 3
8 ,8 9 2
4 1 ,6 9 0
2 ,2 8 6
4 3 ,1 8 6
3 1 ,4 9 5
5 5 ,8 1 5
6 7 ,0 6 0
4 8 ,7 0 2
1 4 ,3 4 8
2 6 ,0 4 4
6 ,9 9 4
4 2 ,3 9 3
1 1 ,3 7 7
5 6 ,0 2 3
7 .3 6 7
6 7 ,3 7 5
3 4 ,1 6 5
7 2 ,2 8 8
6 9 ,6 0 0
6 8 ,1 2 8
1 6 ,3 3 5
3 1 ,4 0 7
8 ,5 6 3
6 7 ,0 0 9
1 3 ,7 9 5
6 6 ,9 9 8
3 ,5 7 7
6 6 ,8 7 2
3 4 ,6 2 6
5 3 ,1 5 8
8 6 ,2 8 0
6 4 ,1 5 5
1 6 ,2 9 0
2 6 ,8 0 7
1 1 ,7 2 2
7 2 ,7 7 3
1 4 ,8 5 9
6 8 ,8 9 6
4 ,6 8 1
5 7 ,8 5 7
4 1 ,8 7 4
5 3 ,8 8 2
9 2 ,3 6 0
8 3 ,8 6 8
1 6 ,8 1 7
2 8 ,5 6 3
1 9 ,3 2 6
6 2 ,7 2 8
1 6 ,6 2 5
9 6 ,4 3 1
5 ,3 8 1
5 9 ,9 4 4
4 2 ,6 0 6
5 5 ,0 5 7
8 5 ,6 1 1
7 2 ,9 9 2
1 5 ,7 8 5
2 9 ,7 3 0
2 2 ,3 6 2
4 5 ,6 3 2
1 2 ,6 9 7
7 2 ,7 9 5
6 ,1 0 8
251
9 .0 4 3
1 .0 4 4
507
1 1 ,6 6 5
1 ,3 1 0
1 ,6 3 9
7 ,9 8 3
1 ,1 0 4
2 ,4 0 4
1 1 ,4 9 1
2 ,1 5 7
775
1 4 ,6 3 8
1 ,2 8 1
2 ,1 2 9
1 4 ,2 0 3
1 ,6 5 4
1 ,9 5 4
1 3 ,7 9 1
2 ,3 8 6
5 ,2 8 8
1 ,4 1 5
2 ,4 6 8
4 ,9 9 5
1 ,3 9 7
9 ,8 6 5
6 ,9 3 1
3 ,1 0 1
2 3 ,5 0 5
1 9 ,8 4 9
2 ,7 9 2
4 6 ,5 3 9
8 ,8 1 8
7 6 ,3 2 0
2 4 ,1 0 4
2 ,0 5 9
1 7 ,3 4 1
2 1 ,7 2 2
6 1 ,7 1 0
2/
3 ,5 6 3
2 ,1 1 1
5 .4 9 1
2 ,0 4 6
3 2 ,5 0 8
1 .4 9 1
2 ,4 1 0
2 3 ,4 2 2
2 1 ,6 0 1
2 ,7 1 5
5 6 ,3 6 3
4 ,9 7 8
8 4 ,1 9 4
2 2 ,1 6 7
1 ,9 5 4
2 3 ,0 5 6
5 ,6 3 6
4 ,1 2 2
4 9 ,0 9 2
2 ,6 8 2
2 ,4 0 1
6 6 ,9 3 0
1 1 ,9 5 4
1 5 ,9 9 1
3 5 ,5 2 3
3 ,2 3 4
9 9 ,7 1 5
2 9 ,9 4 7
6 ,7 9 2
1 9 ,4 1 7
2 3 ,9 9 9
2 8 3 ,6 0 1
8 ,9 4 0
4 ,4 0 0
4 ,0 3 0
1 ,7 7 6
3 9 ,0 3 5
7 ,7 7 1
8 ,1 4 5
2 0 ,2 8 5
1 ,3 3 2
2 ,7 1 5
4 3 ,9 7 3
2 7 ,9 9 6
4 5 ,1 5 6
2 8 ,5 5 5
6 ,4 7 7
1 1 2 ,2 2 1
3 4 ,9 3 7
1 4 ,8 6 1
4 5 ,3 0 7
3 1 ,1 6 4
6 0 ,2 6 1
4 ,9 5 2
4 ,7 4 1
1 ,9 5 4
1 4 6 ,2 5 7
5 ,4 5 5
1 2 ,8 4 9
1 0 ,8 3 3
1 ,8 5 0
5 ,0 1 6
4 9 ,5 6 4
n .a .
n .a .
3 6 ,6 4 0
3 ,6 0 9
1 1 3 ,2 9 2
6 3 ,8 8 2
n .a .
5 4 ,7 5 1
1 4 ,4 7 6
6 1 ,2 0 1
1 5 9 ,5 4 9
n .a .
6 ,2 9 6
4 ,4 8 4
1 4 8 ,1 7 3
6 ,9 1 6
667
2 3 ,7 6 9
1 ,9 2 2
4 ,3 1 8
283
1 ,5 1 0
1 6 ,3 6 2
2 4 ,8 9 3
1 7 ,9 3 3
883
3 ,6 6 6
n .a .
1 0 ,3 6 5
810
2 ,3 9 4
2 ,3 3 5
n .a .
1 0 ,2 9 9
2 4 ,7 9 4
386
1 7 ,4 5 5 •
1962
1963
1964
1965
617
7 28
5 ,6 3 2
2 ,9 0 6
1 0 ,8 3 0
1 ,7 2 9
722
1 ,6 5 7
6 ,9 7 4
1 0 ,6 9 6
7 .3 6 1
676
2 ,6 8 7
574
906
5 ,1 7 3
8 ,6 9 7
1 7 ,3 8 4
514
4 ,1 1 0
802
2 ,1 9 5
5 ,8 0 8
6 ,2 1 3
2 1 ,1 1 9
773
3 ,6 5 3
"Other Eastern Europe"
Albania..........................
Bulgaria.........................
Czechoslovakia l / ...............
Estonia..........................
Hungary..........................
Latvia...........................
Lithuania........................
Poland 1 / ........................
Rumania l/.......................
Soviet Zone of Germany.........
275
1 ,5 5 8
1 ,1 4 0
1 ,5 2 4
1 ,1 1 5
421
3 68
8 ,8 9 9
1 ,6 5 0
1 ,5 5 7
243
1 ,4 1 9
781
1 ,4 5 3
1 ,8 3 8
356
411
1 3 ,5 2 2
1 ,3 7 9
2 ,2 3 6
180
662
1 ,0 2 7
1 ,5 7 6
1 ,4 9 5
432
328
9 ,7 3 5
"Other Latin American Republics"
Bolivia l / ..................
Costa R i c a ......................
Dominican Republic l / ..........
Ecuador..........................
Guatemala 1 / ....................
Haiti............................
Honduras........... ; ............
Jamaica..........................
Nicaragua..... .................
Paraguay.........................
El Salvador l / ..................
Trinidad and Tobago............
2 3 ,1 8 2
1 6 ,4 9 8
4 2 ,0 2 8
3 6 ,2 8 3
4 0 ,8 6 5
1 0 ,4 8 7
1 3 ,7 7 6
3 ,2 5 5
1 4 ,8 3 8
5 ,6 6 7
2 2 ,4 7 2
3 ,0 7 7
"O ther W estern E u rop e"
C yprus...................................
G i l b r a l t a r .........................
I c e l a n d ................................
I r e l a n d , R e p u b lic o f .
Luxem bourg.........................
M a l t a ...................................
M onaco..................................
"Other Latin America"
British Honduras.........................
British West Indies.....................
French West Indies and French Guiana...
"Other Asia"
Afghanistan..............................
Bahrain........... .......................
Burma.....................................
Cambodia..................................
Ceylon....................................
Iran l / ...................................
Iraq......................................
Jordan....................................
Kuwait....................................
L a o s ......... ............ ................
Lebanon...................................
Malaysia 2 / .........................................................
Nepal......... ............................
Pakistan..................................
Ryukyu Islands (including Okinawa)....
Saudi Arabia.............................
Singapore 2 / ...................... ........................................
Southern Yemen (Aden and South Arabia).
Syria................. ....................
Trucial States.................. .........
Viet N a m ..................................
"Other Africa"
Algeria........................
Canary Islands................
Ethiopia (including Eritrea).
F.T.A.I. (French Somaliland).
Ghana..........................
Guinea......... ...............
Ivory Coast...................
Ke nya......................... *
Liberia........................
Libya..........................
Malagasy Republic............
Mozambique.....................
Nigeria........................
"Portuguese West Africa"....
Somali Republic...........
Southern Rhodesia i j .........
Sudan..........................
Tanzania......................
Tunisia........................
Zambia y .....................
"O ther c o u n tr ie s "
New C a le d o n ia . . .
New Z e a la n d ..........
216
12,606
4 ,8 5 8
1 8 ,7 4 2
8 ,4 8 9
1 ,1 6 1
3 3 ,0 3 3
1 4 ,0 0 7
6 5 ,8 7 3
1 8 ,3 6 8
1 ,1 0 6
1 5 ,8 5 0
1 7 ,0 3 0
2 8 ,3 8 4
2/
2 ,7 5 7
4 ,8 9 4
n .a .
1 0 ,0 5 7
1 ,6 0 7
779
1 7 ,0 4 5
758
4 ,0 6 8
540
1 ,3 6 0
n .a .
1 7 ,6 1 9
5 ,4 9 6
639
2 ,5 1 0
2 6 ,7 9 6
656
571
6 ,7 7 4
2 ,4 3 2
42
1 0 ,8 8 1
U
32
4 ,6 8 5
1,922
25,566
,836
1966
9 ,4 5 0
6 ,4 0 3
3 4 ,4 4 4
1 ,1 0 9
3 ,1 9 0
3 6 ,6 0 0
1 7 ,6 0 0
3 9 ,7 2 6
4 9 ,1 7 8
4 ,5 8 7
1 0 0 ,0 5 9
3 8 ,3 0 1
1 3 ,8 8 8
4 9 ,1 9 6
1 5 ,9 3 5 J /
1 7 6 ,1 4 2
3 4 ,6 3 2
5 ,1 3 1
3 ,4 2 5
2 ,1 5 7
1 3 1 ,9 6 1
96,364
1 2 .1 2 7
1 9 7 ,2 2 9
2/
4 ,0 2 9
7 .5 8 3
2 ,7 9 0
1 9 ,0 4 3
903
713
2 2 ,2 7 5
1 ,7 4 0
6 ,4 3 3
853
9 36
2 ,1 0 9
2 2 ,0 0 9
1 4 ,0 8 4
561
1 .3 6 1
1 7 ,8 1 1
2 ,4 5 0
840
4 ,3 7 4
2 ,4 9 2
490
975
1 ,5 2 9
799
3 3 ,7 3 6
1 .5 8 3
5 ,5 8 9
395
1 .3 6 7
2 ,5 7 4
2 0 ,0 1 1
2 8 ,9 2 1
638
2 ,5 0 5
1 5 ,7 2 6
4 ,4 3 2
508
3 .3 6 7
2 ,2 3 2
632
949
U
7 ,6 3 3
880
4 4 ,1 2 3
1 ,5 5 7
2 ,6 2 1
634
3 ,2 4 2
1 ,4 6 1
1 7 ,8 8 7
3 4 ,8 0 6
913
1 ,5 8 3
2 1 ,7 3 0
4 ,3 7 8
835
3 ,2 8 7
3 ,7 0 8
712
1 ,7 5 7
7 ,2 3 4
2 1 ,1 5 8
3 7 ,0 8 2
1 ,0 8 4
4 ,9 9 2
2 5 ,6 7 4
4 ,5 2 3
839
2 ,7 1 7
3 ,4 2 4
6 ,5 4 5
1 ,1 2 2
3 4 ,6 6 7
1 3 ,3 8 7
1 ,0 3 3
4 0 ,2 0 2
1 ,2 7 6
5 ,2 9 5
537
1 ,1 0 5
2 ,0 6 4
2 1 ,6 0 1
7 5 ,9 9 0
512
4 ,0 7 3
3 6 ,5 4 5
6 ,2 9 3
844
3 ,3 3 6
6 ,7 4 7
9 ,1 3 1
9 60
2 5 ,8 9 3
1 .3 6 2
1 0 ,4 7 5
1 ,6 9 1
1 1 ,9 5 6
1 ,6 2 8
1 8 ,6 8 1
440
1 3 ,5 8 0
240
1 6 ,7 0 9
n.a.
kf
N ote:
Through 1 9 6 2 , e x c e p t a s n o te d , d a ta a r e b a se d on r e p o r t s from banks
i n th e Second (New Y ork) F e d e r a l R e s e r v e D i s t r i c t o n ly , and in c lu d e
fu n d s h e ld i n an a c c o u n t w it h t h e U .S . T re a su ry ; s u b s e q u e n t d a ta a r e a s
r e p o r te d by b ank s i n a l l F e d e r a l R e s e r v e D i s t r i c t s .
They r e p r e s e n t a
p a r t i a l breakdown o f t h e am ounts shown f o r t h e c o r r e s p o n d in g d a t e s f o r
t h e "Other" c a t e g o r i e s in th e r e u l a r m on th ly s e r i e s in t h e " T reasu ry
B u lle t in ."
n .a .
1/
2/
4/
1 1 ,3 4 9
1 ,2 9 8
5 3 ,4 7 8
949
6 ,8 6 6
280
880
1,168
R ep o rted by banks in a l l F e d e r a l R e s e r v e D i s t r i c t s .
Through A p r il 1 9 6 5 , S in g a p o r e in c lu d e d w ith M a la y s ia .
D ata e x c lu d e $ 1 2 ,3 7 2 th o u sa n d r e s u l t i n g from c h a n g es in r e p o r t in g
c o v e r a g e and c l a s s i f i c a t i o n .
Through December 1 9 6 4 , d a ta f o r M alawi ( f o r m e r ly N y a sa la n d ) and
Zambia ( f o r m e r ly N o rth ern R h o d e sia ) in c lu d e d w ith Southern- R h o d esia .
Not a v a i l a b l e .
May 1968
109
CAPITAL MOVEMENTS.
Section IV - Supplementary Data by Countries
Table 8. - Purchases and Sales o f Long-Term Securities by Foreigners During Calendar Year 1967
(In thousands of dollars)
Sales by foreigners
Purchases by foreigners
Foreign securities
Domestic securities
Country
Europe:
Austria...........................
Belgium...........................
Denmark...........................
Finland...........................
France.... ........................
Germany...........................
Greece............................
Italy.............................
Netherlands.... .................
N o rway............................
Portugal..........................
Spain.............................
Sweden............................
Switzerland......................
Turkey............................
United Kingdom...................
Yugoslavia........................
Other Western Europe............
U.S.S.R................. .........
Other Eastern Europe............
Bonds
3 5 ,6 7 4
1 7 9 ,2 1 8
3 5 ,9 5 3
5 ,3 1 0
6 9 0 ,7 1 0
4 4 2 ,9 6 2
8 ,9 4 7
2 8 3 ,6 2 7
3 6 7 ,4 1 0
4 2 ,2 5 4
1 8 ,5 0 0
7 1 ,0 4 6
1 0 2 ,9 7 0
3 ,4 6 2 ,8 0 0
3 ,9 4 4
1 ,8 3 8 ,4 6 2
1 ,3 0 2
1 9 3 ,2 2 4
213
1 ,3 8 7
678
2 8 ,8 0 4
9 0 ,2 1 1
2 3 ,1 9 4
6 ,0 6 7
2 ,7 5 9
11
49
1 3 5 ,0 4 6
4 6 5 ,7 7 9
4 7 ,8 0 8
2 9 1 ,0 9 6
316
6 ,2 4 0
1 5 1 ,6 3 1
2 7 ,7 4 9
2 9 ,7 8 1
2 3 7 ,7 4 7
1 1 ,2 2 7
1 2 ,9 1 4
1 4 ,4 7 2
396
727
6 0 ,7 1 4
4 4 ,2 6 4
1 0 ,8 5 9
3 2 5 ,1 7 2 2 ,5 7 6 ,2 5 0
294
3 ,4 9 4
6 8 1 ,4 1 2
6 8 7 ,2 3 3
297
5
1 3 ,0 6 1
1 4 7 ,7 0 3
213
706
65
43
16
639
1 ,0 2 5
1 ,2 4 0
7 ,9 8 2
439
47
231
2 0 ,0 0 6
1 3 ,6 1 7
2
2 2 3 ,5 9 7
221
543
Total Europe.....................
7 ,7 8 5 ,9 1 3
2 6 9 ,6 4 8
Canada..............................
3 ,5 3 6 ,9 7 8
2 7 2 ,0 7 2
Latin America:
Argentina:........................
Brazil............. ..............
Chile.............................
Colombia..........................
C uba..............................
Mexico............................
Panama............................
Pe r u ........... ..................
U ruguay...........................
Venezuela.........................
Other Latin American Republics..
Bahamas and Bermuda.............
Netherlands Antilles and Surinam
Other Latin America.............
4 3 ,7 0 9
2 8 ,4 4 6
1 2 ,1 3 8
1 2 ,9 1 2
269
1 4 1 ,6 4 5
9 9 ,6 3 6
1 2 ,0 2 0
3 3 ,8 0 2
8 9 ,5 5 8
1 7 ,8 8 8
2 8 6 ,4 8 7
1 9 7 ,3 2 1
8 ,0 1 7
Total Latin America...........
9 8 3 ,8 4 8
Asia:
China Mainland...................
Hong Kong.........................
India.............................
Indonesia.........................
Israel............................
Japan.............................
Korea.............................
Philippines......................
Taiwan............................
Thailand.................. .......
Other A sia .......................
125
2 8 7 ,6 4 0
3 ,4 7 6
418
6 9 ,9 3 5
5 6 ,2 4 2
1 ,1 3 4
2 6 ,1 4 4
5 ,3 5 6
1 5 ,1 6 3
2 4 1 ,3 9 1
1 7 ,7 1 1
7 0 7 ,0 2 4
Total A sia.......................
Corporate and
other
U. S.
Total
purchases Government
bonds and
notes
Bonds
Stocks
5 ,9 9 0
5 7 ,5 1 8
2 6 ,2 7 1
5 ,2 4 6
6 4 ,3 4 7
8 9 ,0 1 4
2 ,3 1 7
8 8 ,8 4 8
2 7 ,1 0 7
1 7 ,8 5 9
3 ,0 8 1
5 ,6 2 9
2 5 ,9 8 0
4 7 7 ,3 0 9
57
1 7 8 ,1 4 8
1 ,0 0 0
2 6 ,5 3 5
159
8 ,2 7 9
217
4
2 4 ,5 1 3
1 3 ,8 0 4
74
7 ,4 1 7
7 2 ,3 3 6
207
551
3 ,7 4 5
1 ,8 6 1
7 0 ,4 5 2
97
6 8 ,0 7 2
5 ,7 0 4
_______73
4 0 9 ,3 3 5 1 ,9 6 5 ,9 0 2
8 9 ,5 6 6
3 ,2 3 1
1 7 5 ,5 2 6
2 5 ,7 6 6
94
4 ,7 4 3
23
17
2 8 ,5 8 0
3 ,3 2 5
8 ,5 3 9
2 ,8 1 0
7 ,6 9 0
2
24
4 ,1 3 9
124
5 ,2 1 7
2 ,3 2 2
1 ,1 3 3
1 6 6 ,9 2 8
2 3 ,8 9 1
1 4 ,2 6 3
1 ,0 0 0
2 ,3 4 4
3 ,0 2 0
1 4 ,0 0 0
4 9 ,9 0 2
1 8 ,6 6 6
4 1 ,1 0 0
4 8 6 ,5 0 2
660
713
1 ,0 9 5
108
9 ,0 0 5
11
249
125
2 6 6 ,5 7 4
641
390
1 7 ,1 6 2
25,886
-
7 ,7 3 5
2 ,5 1 8
267
1 ,4 1 6
1 ,1 8 9
1 ,2 5 3
3 ,5 7 9
3 ,4 2 1
2 77
1 4 0 ,3 8 0
2 3 ,3 4 5
6 ,0 0 5
5 ,4 6 7
13
2 0 4 ,8 3 8
2 0 ,2 5 7
6 ,7 6 4
1 ,2 5 9
1 3 ,6 3 5
1 4 ,3 9 3
9 ,9 0 0
6
2
233
2 0 ,5 9 3
12
6 ,7 1 9
8
127
2 ,8 9 7
2 7 2 ,6 3 1
4 0 ,4 9 7
5
13
1 ,0 8 4
8
1 ,3 7 1
2 ,4 8 1
4 3 7 ,5 2 3
11
212
4 ,2 6 3
1 3 ,3 8 9
25
18
375
4
318
585
755
4 ,2 7 7
101
5 2 ,1 4 0
1 3 ,0 0 0
343
92
9 ,2 7 1
1 ,9 0 6
1
2 8 ,1 5 5
740
5 7 ,8 5 8
1 3 ,0 0 0
472
1 1 ,8 4 3
3 0 ,0 6 2
3 ,9 8 1
2 ,1 3 2
5 5 ,4 2 5
1 8 ,6 3 1
162
6 ,1 1 3
7 4 ,0 5 6
2 ,2 4 9
1 7 0 ,9 6 2
1 2 ,7 0 8
466,806
1 ,3 5 4
1 7 ,8 7 5
6 3 ,4 6 7
9 ,4 2 7
1 4 ,2 1 5
70
3 ,1 9 4
6 ,2 0 2
4 5 ,1 8 9
3 ,1 4 6
Total other countries...........
7 2 ,8 9 4
1 4 ,2 8 5
9 ,3 9 6
4 8 ,3 3 5
878
8 2 ,5 8 2
International and regional:
International....................
European regional................
Latin American regional.........
Asian regional...................
5 1 4 ,6 8 9
3 ,1 7 0
4 ,6 1 6
8 ,5 4 8
2 8 4 ,3 5 2
2 6 ,7 5 6
2 0 2 , 5qq
3 ,1 7 0
982
7 3 3 ,4 1 3
1 9 ,4 5 0
1 5 6 ,8 4 4
603
655
2
12
5 ,2 8 7
25
35
258
2 ,5 5 2
137
94
35
6 1 ,7 4 3
2 0 ,8 3 9
49
2 0 5 ,7 6 9
982
7 ,9 7 2 ,0 4 2 2 ,0 2 5 ,7 6 6
0 ,3 5 1
Note: Excludes transactions in nonmarketable U.S. Treasury bonds and notes,
foreign series, and foreign currency series* See "International
Financial Statistics," Table 4.
61
-
8 2 ,1 3 0
2 ,1 1 7
1 ,9 3 5
6 ,2 4 7
5 ,2 5 0
6 ,8 3 2
2 6 ,7 5 4
3 ,3 4 4
2 ,7 9 9
1 1 ,5 4 2
1 1 ,5 8 1
2 6 ,8 0 5
58,864
563
317
537
273
6 ,3 7 2
3 4 ,4 0 6
2 9 2 ,3 9 8
3 ,0 7 7
1 ,2 3 3
140
57
1 ,5 4 2
7 6 8 ,5 6 5
1 7 ,1 8 6
5 ,0 6 9
301
52
9 62
1 ,0 8 9
5 ,2 5 2
3 ,1 9 0
191
582
1 ,0 7 1
1 ,0 3 6
3 2 ,2 6 8
1 3 ,4 9 1
325
2 6 ,0 3 8
1 1 ,5 9 5
7 ,9 0 5
1 0 ,0 5 6
183
6 5 ,8 5 6
7 1 ,3 5 2
1 0 ,4 6 5
2 9 ,8 5 1
5 8 ,3 3 8
1 0 ,3 4 0
1 5 7 ,9 0 0
1 4 0 ,3 8 2
5 ,5 9 1
6 0 5 ,8 5 2
4 0 ,9 8 7
8 1 ,7 8 8
5 8 5 ,4 0 0
232
238
131
649
212
4 14
183
1 1 9 ,7 6 9
Total Africa.....................
5 3 1 ,0 2 3
64
15
3 ,1 7 2
Other countries:
Australia.........................
All other.........................
1 3 ,6 9 9 ,4 6 8
5 5 3 ,2 1 2
5 ,1 0 0
1 7 ,1 8 6
Total international and regional
4 1 3 ,9 7 6
______80
3 ,2 9 9
302
1 1 ,9 1 8
10
1 8 ,3 3 4
14
6
2 ,7 1 1
25
97
101
1
3 4 ,1 8 2
Grand t o t a l ..................... .
9 6 2 ,4 0 4
3 6 9 ,1 5 7 1 ,7 0 1 ,4 8 1 1 ,1 0 7 ,0 0 5
1 0 ,3 5 5
125
2 3 6 ,0 7 2
581
859
1 5 ,1 1 3
2 3 ,9 6 2
77
4 ,3 6 2
543
863
1 5 4 ,9 6 6
721
1 ,0 4 0
5 ,8 3 4
113
7 4 ,0 8 0
8 ,0 4 6
1 ,3 1 3 ,4 8 5 4 ,4 4 8 ,2 6 4
32
544
8,032
186
2 5 7 ,8 6 7
6 ,0 7 9
9 09
2 2 0 ,4 4 2
6 8 ,0 1 9
91
1 7 ,9 9 4
1 ,8 1 0
1 4 ,6 4 0
1 8 0 ,5 2 8
Af r i c a :
Congo (Kinshasa).................
Morocco...........................
South Africa.....................
United Arab Republic (Egypt)....
Other Africa.....................
4 ,5 6 7
502
413
_______21
1 5 ,7 7 5
39
6 ,5 5 0
2 0 ,8 7 0
2 2 ,0 6 1
380
1 ,8 5 1
3 4 ,9 5 1
1 4 4 ,1 8 6
174
1 ,0 2 4 ,6 4 5
8 3 1 ,5 1 8
2 ,7 5 9
217
1 0 ,1 0 6
177
1 ,3 0 5
7 6 ,7 8 6
3 7 ,3 5 8
33
1 5 ,1 1 5
2 3 ,9 7 5
596
44 4
1 0 ,2 3 6
755
8 6 ,7 4 1
151
1 4 6 ,6 8 2
25
63
147
707
31
30
446
2 0 ,0 2 8
1 5 ,1 5 1
2
1 9 1 ,7 5 6
2 8 ,5 4 7
1 2 ,2 6 4
8 ,9 1 3
1 2 ,0 5 4
183
1 6 1 ,2 0 5
7 9 ,4 1 5
1 2 ,9 8 9
3 8 ,0 9 6
6 6 ,1 4 9
1 9 ,5 1 3
2 2 1 ,4 6 3
1 6 1 ,7 2 7
9 ,0 0 0
311
86
452
800
122
1 9 ,2 8 9
2 4 ,2 8 4
4 2 ,4 3 2
1 5 ,6 2 2
3 4 ,1 9 1
5 1 ,5 3 5
2.16
5 7 ,1 6 5
3 1 ,0 3 8
1 9 ,5 0 9
1 ,3 2 7
9 ,1 2 8
2 7 ,5 4 1
4 2 3 ,3 9 5
106
1 4 6 ,3 5 8
600
5 8 ,6 4 7
1 ,0 6 0
2 4 8 ,0 8 2
7 1 ,4 0 2
3 ,1 1 2
317
6 ,1 6 4
2 1 ,4 8 9
5 ,1 9 9
2 9 .4 6 7
4 ,7 4 2
319
2 0 ,7 3 8
7 7 ,5 7 8
4 ,0 8 5
82
3 9 8 ,1 2 7
2 2 2 ,6 4 8
5 ,1 2 2
1 1 7 ,9 2 5
2 1 5 ,3 2 2
1 0 ,5 7 4
2 8 ,3 4 5
5 8 ,9 1 1
9 ,6 8 7
2 ,3 3 1 ,5 0 5
5 ,0 6 2
7 9 6 ,2 2 9
469
1 4 5 ,4 4 2
3 2 7 .3 4 1
5 ,4 7 3
1 9 6 ,9 0 2
2 9 1 ,9 1 2
5 2 ,7 7 1
3 0 ,5 2 6
8 0 ,5 7 2
9 2 ,9 6 2
3 ,0 0 0 ,9 7 8
5 ,4 9 5
2 ,3 0 5 ,6 7 0
1 ,0 6 9
2 1 7 ,7 7 5
3 , 9 7 8 ,9 3 7
11,921
Stocks
Stocks
1 ,7 4 5
71
2 1 ,1 7 6
3 5 6 ,1 6 3 5 3 3 ,5 0 6
228
6 0 ,0 8 7
8 1 ,7 7 6
1 1 ,0 3 8
2 6 ,3 3 9
6 3 ,8 6 4
1 0 ,5 5 6
2 0 6 ,9 8 0
1 6 5 ,3 2 2
6 ,6 5 2
Bonds
Bonds
10
224
1 ,5 0 6
631
{Foreign securities
Corporate and
other
4 0 ,7 9 8
1 2 0 ,2 2 4
4 9 ,9 4 5
1 7 ,0 8 0
5 3 1 .3 4 0
2 3 1 ,8 4 9
722
9 72
394
177
31
4 ,5 8 5
2 ,4 4 1
382
676
1 ,6 2 4
275
1 0 ,4 4 5
2 ,8 6 5
177
850
2 4 ,9 5 2
1 1 ,6 4 1
8 ,8 7 5
U. S.
Government
bonds and
notes
____ L -145
7 ,3 6 9 ,9 7 8
1 ,3 5 4 ,8 1 9 4 ,7 8 1 ,6 2 5 1 ,1 0 2 ,3 2 9 2 7 7 ,4 9 2
1 7 ,1 4 0
1 3 .4 6 7
2 ,3 0 3
405
105
820
12
Total
sales
Stocks
895
2 ,3 1 5
566
409
10
5 ,4 6 6
1 1 ,4 8 7
271
623
2 ,2 7 0
1 ,7 7 2
3 9 ,1 4 3
2 3 ,5 9 2
747
51
Domestic securities
9 0 9 ,7 0 7
1 3 ,9 9 9 ,1 4 5
8 1 ,5 8 3
4 4 ,9 0 6
1 2 6 ,4 8 9
6 2 8 ,8 7 1
580
648
1,252
7
1 9 ,4 5 0
1 1 1 ,9 1 1
27
1 2 ,7 0 8
5 9 8 ,1 6 7
L,9 2 4 ,6 7 1 7 ,2 2 3 ,7 8 4
3 ,1 8 4 ,7 0 .5
1 7 0 ,9 8 9
2,242
1 ,3 5 4
1*037,114
Treasury Bulletin
110
CORPORATIONS AND CERTAIN OTHER BU SIN ESS-TY PE ACTIVITIES
The financial statements of corporations and other busi
are published semiannually, for June 30 and December 31 report
ness-type activities of the United States Government, which
ing dates, and appear as Section II and III.
have appeared in the "Treasury Bulletin" since the August 1956
these statements under Circular 966 covered the fiscal year
The first of
issue, are compiled from reports submitted to the Treasury
1956, and were published in the January 1957 Bulletin.
Within
under Department Circular No. 966, issued January 30, 1956, and
the sections, the agencies are grouped in separate tables by
Supplement No. 1, Revised, issued June 16, 1965.
type, as follows:
These regu
public enterprise revolving funds, intra
lations were issued pursuant to the Budget and Accounting
governmental revolving funds, certain other activities, deposit
Procedures Act of 1950.
funds, and trust revolving funds.
They superseded Budget-Treasury
Regulation No. 3, issued under Executive Order No. 8512 of
Supplement No. 1, when originally issued in 1956, extended
August 13, 1940, as amended by Executive Order No. 9084 of
the coverage to include all executive agencies and activities
March 3, 1942, under which financial statements previously
not previously reporting under Circular 966, but required only
published in the Bulletin were submitted.
a statement of financial condition annually as of June 30.
Department Circular No. 966 requires submission of finan
These were activities which were not principally of a business-
cial statements by all wholly owned and mixed-owner ship Govern
type nature.
ment corporations specifically included in the Government
counting procedures to provide complete balance-sheet type
Corporation Control Act, as amended (31 U.S.C. 846, 856); and
statements were temporarily authorized to report only assets.
all other activities of the Government operating as revolving
Thus, the supplement rounded out provisions for information on
funds.
Those which had not yet developed formal ac
Other activities and agencies whose operations, serv
properties and other assets, as well as liabilities, of the
ices, or functions are largely self-liquidating or primarily
United States Government all of which is needed by Treasury for
of a revenue-producing nature, and activities and agencies
the compilation of complete Government-wide financial reports.
whose operations result in the accumulation of substantial
The first comprehensive reporting under the original Supplement
inventories, investments, and other recoverable assets, were
No. 1 was for June 30, 1957, and the data were published in the
brought under the regulations as the agency accounting systems
December 1957 Bulletin as Part B of Table 4 in Section I.
were developed to where they were capable of furnishing the
revision to Supplement No. 1 in 1965 made no basic change to
required financial reports.
the overall purpose of the originally issued supplement; it
Four kinds of financial statements are called for by
Department Circular No. 966.
They are statements of financial
condition, income and expense, source and application of funds,
and certain financial contingencies.
The statements of finan
updated and consolidated all amendments to both the regulation
and instructions.
A summary of loans outstanding for a series of dates is
included in Section I of the Bulletin presentation beginning
cial condition are published quarterly and appear as Section I
with the June 1958 issue.
in the series of tables.
are shown, one by type and one by agency.
The first statements of financial
The
Two classifications of the loans
Data prior to
condition published under Circular 966 were as of March 31,
1956 are based on the earlier reporting requirements, which
1956, and were presented in the August 1956 Bulletin.
provided for complete coverage of Government lending agencies.
State
ments of income and expense and source and application of funds
May 1968
111
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE A C T IV IT IE S Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 1. - Summary by Specified Classes of Activities
( I n th o u s a n d s o f d o l l a r s )
A ccou n t
T o ta l
P u b lic
e n te r p r is e
r e v o lv in g fu n d s
(S e e T a b le 2 )
I n tr a g o v e r n m e n ta l
r e v o lv in g fu n d s
(S e e T a b le 3 )
C e r t a in o t h e r
a c tiv itie s
(S e e T a b le
)
4
INCOME AND EXPENSE
Incom e:
8 ,4 3 4 ,4 9 5
4 ,1 5 4 ,8 4 1
4 ,2 2 9 ,6 7 6
5 7 ,4 6 8
9 3 8 ,4 0 5
3 4 1 ,7 4 0
7 7 ,0 7 9
1 3 5 ,4 8 4
5 7 ,4 6 8
4 7 4 ,7 1 2
3 4 1 ,7 4 0
7 6 ,7 7 8
1 2 1 ,9 1 1
_
9 ,9 8 4 ,6 7 1
1 , 7 8 8 ,8 8 4
4 9 8 ,6 2 7
3 ,8 7 0 ,8 9 7
2 ,2 0 9 ,0 3 6
I n te r e st:
4 9 ,9 7 7
_
-
4 6 3 ,6 9 3
-
-
5 ,8 3 2
7 ,7 4 1
5 ,2 2 7 ,4 5 0
4 ,2 3 5 ,8 0 9
5 2 1 ,4 1 1
1 ,3 0 3 ,3 3 5
4 ,1 6 2
2 ,6 3 8 ,1 8 9
5 6 0 ,9 1 7
4 8 5 ,5 4 8
4 9 4 ,4 6 5
1 ,2 3 2 ,7 0 8
,
-
300
E xp en se:
D ir e c t c o s t o f g o o d s and s e r v i c e s s o ld :
Wages and s a l a r i e s a p p l i e d ...................................
I n c r e a s e ( - ) , o r d e c r e a s e , in :
- 3 0 ,3 9 3
1 5 ,2 1 2
9 7 4 ,0 8 1
1 7 9 ,3 7 0
2 1 8 ,6 3 1
4 9 3 ,8 4 1
8
16,022
6 3 8 ,6 3 7
8 6 ,1 8 6
1 7 1 ,1 9 0
3 7 3 ,9 5 6
1 648,118
- 30,400
_
-8 1 0
3 0 6 ,1 5 6
1 9 ,3 2 1
8 ,5 0 5
16
2 9 ,2 8 9
7 3 ,8 6 3
3 8 ,9 3 6
1 1 9 ,8 6 9
-
5 0 ,9 6 2
6 ,4 9 9
-
I n t e r e s t exp en se:
I n t e r e s t on b o r r o w in g s from t h e U. S .
2 6 9 ,1 1 5
3 0 0 ,2 7 4
1 ,8 8 5 ,1 0 4
6 9 ,3 9 4
1 2 ,7 4 2 ,0 7 2
2 1 8 ,1 5 3
2 9 3 ,7 7 5
1 ,8 8 3 ,4 7 1
6 2 ,1 1 3
1 ,6 3 4
2 ,6 7 5
8 ,2 5 0 ,1 1 3
4 ,1 6 7 ,9 3 6
3 2 4 ,0 2 3
- 1 9 ,4 4 4
- 1 ,9 1 4
- 8 0 ,4 4 1
- 3 5 ,6 1 3
- 1 9 ,3 7 0
- 1 ,5 5 9
- 1 ,1 9 5
-7 1
-3 5 5
*
185
-2
- 3 4 ,6 0 3
- 1 3 7 ,4 1 2
- 1 0 2 ,5 6 6
-2 4 1
- 3 4 ,6 0 5
- 2 ,8 9 4 ,8 1 4
- 3 ,1 2 5 ,2 2 9
6 7 ,6 3 2
1 6 2 ,7 8 3
- 1 0 ,6 2 2
- 1 0 ,6 2 6
1 1 ,1 3 3
2
2 9 3 ,0 8 3
- 8 ,5 6 8
1 1 ,1 3 3
2 9 3 ,0 8 1
-
-
4,606
O th er g a i n s , o r l o s s e s ( - ) :
G a in , o r l o s s
G a in , o r l o s s
( - ) , on s a l e o f f i x e d a s s e t s .
( - ) , on s a l e o f o t h e r a s s e t s .
N et in co m e , o r l o s s
-
( - ) , b e f o r e ch an ge i n
I n c r e a s e ( - ) , o r d e c r e a s e , i n a llo w a n c e s
fo r lo s s e s :
A llo w a n c e f o r l o s s e s on l o a n s ................................
A llo w a n c e f o r l o s s e s on a c q u ir e d s e c u r i t y
o r c o l l a t e r a l ............ . ................................................ ..
N et in c r e a s e ( - ) , o r d e c r e a s e , i n
a llo w a n c e s f o r l o s s e s .................................................
N et in co m e , o r l o s s ( - ) , f o r t h e p e r i o d .............
C harges ( - ) , o r c r e d i t s , a p p l ic a b le t o
N et in co m e , o r l o s s
80,441
8,040
4
2
2
-
-
-5 2 7
2 8 5 ,0 2 8
2 8 5 ,5 4 8
4
-5 2 3
-2 ,6 0 9 ,7 8 6
- 2 ,8 3 9 ,6 8 1
6 7 ,6 3 6
1 6 2 ,2 6 0
- 3 6 ,8 6 0
- 1 6 ,5 3 9
- 5 ,1 5 3
- 1 5 ,1 6 8
- 2 ,6 4 6 ,6 4 5
- 2 ,8 5 6 ,2 2 0
6 2 ,4 8 3
147,0/52
( - ) , tr a n sfe r r e d to
CHANGES IN ACCUMULATED NET INCOME OH DEFICIT
B a la n c e a t end o f p r e v io u s f i s c a l y e a r . . . . . . .
C a p it a l t r a n s f e r s o f e a r n in g s o r p r o f i t s
t o t h e U. S . T r e a su r y ( - ) .......................................
B a la n c e a t end o f r e p o r t i n g p e r i o d .........................
Footnotes at end of Section III.
- 1 4 , 4 7 3 ,7 5 6 r
- 2 ,6 4 6 ,6 4 5
- 9 , 9 8 8 , 520r
- 2 ,8 5 6 ,2 2 0
1 3 4 ,8 2 4 r
6 2 ,4 8 3
- 4 ,6 2 0 ,0 5 9 r
1 4 7 ,0 9 2
- 8 1 ,8 0 3
1 ,5 3 3 ,6 2 1
- 7 3 ,4 9 4
2 ,0 8 8 ,4 5 4
- 8 ,3 0 9
-4 3 7
- 5 5 4 ,3 9 6
- 1 5 ,6 6 8 ,5 8 3
- 1 0 ,8 2 9 ,7 8 0
1 8 8 ,5 6 0
- 5 ,0 2 7 ,3 6 3
_
Treasury Bulletin
112
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE A CTIVITIES__________________
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds
( I n th o u s a n d s o f d o l l a r s )
O f f i c e of
Econom ic
O p p o r tu n ity
Account
T o ta l
1/
E conom ic
o p p o r t u n ity
lo a n fund
A gen cy f o r I n t e r n a t io n a l D evelopm en t
F o r e ig n
m ilita r y
s a le s
fund
A llia n c e fo r
P r o g ress,
d ev elo p m en t
lo a n s
D evelopm en t
lo a n s
D evelopm en t
lo a n fund
liq u id a t io n
account
F o r e ig n
in v e s t m e n t
g u a r a n te e
fund
INCOME A N D EXPENSE
Income:
4 ,1 5 4 ,8 4 1
-
-
-
1 ,5 3 3
6 ,2 0 6
-
1 5 ,2 6 8
-
4 ,3 7 0
52
-
5 ,2 2 7 ,4 5 0
1 ,5 3 3
4 ,4 2 3
1 ,3 0 3 ,3 3 5
4 ,1 6 2
2 ,6 3 8 ,1 8 9
5 6 0 ,9 1 7
-
Interest:
5 7 ,4 6 8
4 7 4 ,7 1 2
3 4 1 ,7 4 0
7 6 ,7 7 8
1 2 1 ,9 1 1
2 7 ,8 0 4
-
-
-
5 ,6 7 1
-
6 ,2 0 6
1 5 ,2 6 8
2 7 ,8 0 4
5 ,6 7 1
-
-
-
-
-
_
_
_
_
_
_
*
-
-
125
-
240
-
-
26
-
-
-
327
-
-
354
-
-
-
-
_
-
-
111
-
-
-
-
Expense:
Direct cost of goods and services sold:
Increase (-), or decrease, in:
8
1 6 ,0 2 2
6 3 8 ,6 3 7
8 6 ,1 8 6
1 7 1 ,1 9 0
3 7 3 ,9 5 6
Interest expense:
Interest on borrowings from the U. S.
2 1 8 ,1 5 3
2 9 3 ,7 7 5
1 ,8 8 3 ,4 7 1
6 2 ,1 1 3
1 ,5 7 3 2 /
-
3 ,2 6 8
148
-
8 ,2 5 0 ,1 1 3
1 ,5 7 3
3 ,4 1 6
125
-
-
240
Other gains, or losses ( - ) :
Gain, or loss ( - ) , on sale of fixed assets.
Gain, or loss ( - ) , on sale of other assets.
-8 6
-*
- 1 9 ,3 7 0
- 1 ,5 5 9
- 8 0 ,4 4 1
- 1 ,1 9 5
-
-
- 1 0 2 ,5 6 6
-8 6
-
-
-
111
-
- 3 ,1 2 5 , 2 2 9
-125
1 ,0 0 7
6 ,0 8 1
1 5 ,0 2 8
2 7 ,9 1 5
5 ,3 1 7
- 1 0 ,6 2 6
- 1 ,0 8 4
-
-
-
_
-
Net income, or loss (-), before change in
Increase (-), or decrease, in allowances
for losses:
Allowance for losses on loans.......... .
Allowance for losses on acquired security
1 1 ,1 3 3
-
2 9 3 ,0 8 1
-
8,040
-2 0
N et in c r e a s e ( - ) , o r d e c r e a s e , i n
2 8 5 ,5 4 8
Net income, or loss (-), for the period......
Charges (-), or credits, applicable to
- 2 ,# 3 9 ,6 8 1
- 1 6 ,5 3 9
-
1,104
- 1 ,2 3 0
■
*
-
-
-
-
-
-
-
-
-
-
1 ,0 0 7
6 ,0 8 1
1 5 ,0 2 8
2 7 ,9 1 5
5 ,3 1 7
_
_
_
_
_
Net income, or loss (-), transferred to
- 2 ,8 5 6 , 2 2 0
- 1 ,2 3 0
1 ,0 0 7
6 ,0 8 1
1 5 ,0 2 8
2 7 ,9 1 5
5 ,3 1 7
- 9 , 9 8 8 , 52 0 r
- 2 ,8 5 6 , 2 2 0
- 7 ,9 6 7
- 1 ,2 3 0
1 ,5 5 5
1 ,0 0 7
2 5 ,6 5 9
6 ,0 8 1
5 9 ,2 6 0
1 5 ,0 2 8
3 1 9 ,3 0 2
2 7 ,9 1 5
4 0 ,1 4 0
5 ,3 1 7
_
_
-
_
_
-
-
-
_
-
-9 ,1 9 6
2 ,5 6 2
3 1 ,7 4 1
7 4 ,2 8 8
CHANGES IN ACCUMULATED NET INCOME OH DEFICIT
B a la n c e a t end o f p r e v i o u s f i s c a l y e a r ...............
C a p i t a l t r a n s f e r s o f e a r n in g s o r p r o f i t s
t o t h e U. S . T r e a su r y ( - ) ........................................
Other................. ........................
-7 3 ,4 9 4
2 ,0 8 8 ,4 5 4
Balance at end of reporting p eriod...........
- 1 0 ,8 2 9 ,7 8 0
Footnotes at end of Section III.
(Continued on following page)
3 4 7 ,2 1 7 i /
4 5 ,4 5 7
May 1968
113
_________________CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
(In thousands of dollars)
Agriculture Department
Commodity
Credit
Corporation
A cco u n t
Federal
Crop
Insurance
Corporation
V
Farmers'' Home Administration
Emergency
credit
revolving
fund
Direct
loan
account
Agricultural
credit
insurance
fund
Rural housing
direct
loan
account
Rural
housing
insurance
fund
INCOME AND EXPENSE
In com e:
S a l e s o f g o o d s and s e r v i c e s ...................................
In te r e st:
On p u b l ic d e b t s e c u r i t i e s ...................................
O ther i n t e r e s t in c o m e .............................................
G u aranty and in s u r a n c e prem ium s.........................
O th er m ajor in com e i t e m s ..........................................
8 5 5 ,4 4 5
26,981
1 0 ,9 9 1
1,048
2
4 ,0 4 0
1,866
1 3 ,3 3 2
1,902
71
21
27,002
7
5
4 4 ,0 1 3
1 ,4 9 8
5 ,9 1 3
1 3 ,3 3 6
27
14
5 ,9 6 1
7
2 ,3 9 0
3 ,9 2 3
252
3 ,5 7 5
8,661
274
8 6 7 ,4 8 4
E x p en se :
D i r e c t c o s t o f g o o d s and s e r v i c e s s o ld :
C o st o f c o m m o d ities s o l d .....................................
1 ,4 9 7
4 3 ,7 3 9
1
1 ,9 7 4
1, 272,208
Wages and s a l a r i e s a p p l i e d .................................
O th er a p p l ie d e x p e n s e s ..........................................
I n c r e a s e ( - ) , o r d e c r e a s e , in :
W o r k - in - p r o c e s s .......................................................
O th er o p e r a t i n g e x p e n s e s ..........................................
A d m i n i s t r a t iv e e x p e n s e s .............................................
G r a n ts and c o n t r i b u t i o n s ..........................................
I n t e r e s t ex p en se:
I n t e r e s t on b o r r o w in g s from t h e U . S .
8 5 ,4 8 6
511
14,821
7 8 ,8 1 0
3 3 ,7 8 0 y
1 ,6 7 7 ,6 3 5
M is c e lla n e o u s e x p e n s e ..................................................
T o t a l e x p e n s e .....................................................................
O ther g a i n s , o r l o s s e s
1 ,2 6 8
1 3 ,2 0 3
5 1 ,4 8 7
1 ,5 5 5
5 9 ,0 4 4
2,806
3 ,1 6 6 ,0 5 8
(-):
2 ,8 6 7
332
14,811
2 ,3 9 0
-6 8 3
-130
- 4 ,0 9 1
( - ) .......................
-6 8 3
-130
-4 0 9 9
- 1 ,1 4 8
N et in c o m e , o r l o s s ( - ) , b e f o r e ch an ge i n
v a l u a t i o n a ll o w a n c e s ......................................................
- 2 ,2 9 9 ,2 5 7
8,092
-
G a in , o r l o s s
G a in , o r l o s s
I n c r e a s e ( - ) , or d e c r e a s e , i n a llo w a n c e s
fo r lo s s e s :
A llo w a n c e f o r l o s s e s on l o a n s ..............................
A llo w a n c e f o r l o s s e s on a c q u ir e d s e c u r i t y
o r c o l l a t e r a l ...................................................................
A llo w a n c e f o r l o s s e s on f i x e d a s s e t s .............
A llo w a n c e f o r l o s s e s on i n v e n t o r i e s ...............
N et i n c r e a s e
-8
( - ) , on s a l e o f f i x e d a s s e t s
( - ) , on s a l e o f o t h e r a s s e t s
T o t a l o th e r g a i n s , o r l o s s e s
-
-
222
-220
-220
2 8 8 ,5 0 9
- 1 5 ,3 8 1
- 2 ,0 1 0 ,7 4 8
2,408
1,148
2,040
1 1 ,7 8 0
2 ,2 7 9
-5 6
-2 3
9
*
-64
-120
-1 ,7 0 4
160
1 ,5 7 0
-1 4
*
1 ,5 4 3
-3 0 5
-22
-
268
-838
7 ,2 5 4
-2
4
N et in c o m e , o r l o s s ( - ) , t r a n s f e r r e d t o
a c c u m u la te d n e t in c o m e , or d e f i c i t ( - ) ..........
-
7 ,4 9 8
2 9 3 ,1 0 5
( - ) , or d e c r e a s e , i n
N et in c o m e , o r l o s s ( - ) , f o r t h e p e r i o d ..........
C harges ( - ) , or c r e d i t s , a p p l i c a b l e t o
15,161
- 4 ,8 1 8
2 ,2 7 9
-
428
1,612
-2
-22
-1 ,7 0 4
1 ,5 2 1
-3 0 5
17
59
- 2 ,0 1 0 ,7 4 4
- 1 5 ,3 8 1
7 ,2 5 3
- 1 ,6 1 4
- 1 ,6 4 5
1 ,5 2 1
-2 8 8
- 8 ,4 5 7 ,7 6 6
- 2 ,0 1 0 ,7 4 4
- 1 2 4 ,2 9 4
- 1 5 ,3 8 1
1 0 1 ,6 7 3
7 ,2 5 3
- 1 0 9 ,3 1 7
-1 ,6 1 4
2 5 ,5 7 7
- 1 ,6 4 5
7 ,5 7 5
1 ,5 2 1
1 ,4 0 5
-2 8 8
_
_
_
-
_
-
_
-
- 1 1 0 ,9 3 1
2 3 ,9 3 1
9 ,0 9 7
CHANGES IN ACCUMULATED NET INCOME OR DEFICIT
B a la n c e a t end o f p r e v io u s f i s c a l y e a r .............
C a p it a l t r a n s f e r s o f e a r n in g s o r p r o f i t s
1 ,3 9 9 ,7 2 5
- 9 ,0 6 8 ,7 8 5
Footnotes at end of Section III.
6/
- 1 3 9 ,6 7 4
108,926
(Continued on following page)
_
-
1 ,1 1 7
Treasury Bulletin
114
CORPORATIONS AND CERTAIN OTHER BU SIN ESS-TYPE ACTIVITIES__________________
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
( i n th o u s a n d s o f d o l l a r s )
A g r ic u lt u r e
D epartm ent ( C o n tin u ed )
A cco u n t
E xp an sio n
o f d efen se
p r o d u c tio n
D e fe n se D epartm ent 7 /
Commerce D epartm ent
Econom ic
D evelopm en t
A d m in is tr a tio n
Econom ic
d ev elo p m en t
fund
D e fe n s e S up p ly
Agency
M aritim e A d m in is tr a tio n
F e d e r a l s h ip
m ortgage
in s u r a n c e
fund
V essel
o p e r a t io n s
r e v o lv in g
fund
War r i s k
in s u r a n c e
r e v o lv in g
fund
A ir F o rce
D epartm ent
D e fe n s e p r o d u c tio n g u a r a n te e s
INCOME AND EXPENSE
Incom e:
S a l e s o f g o o d s and s e r v i c e s ...................................
In te rest:
On p u b l ic d e b t s e c u r i t i e s ...................................
9 9 ,1 0 9
O th er m ajor in com e i t e m s ...........................................
O ther in c o m e ........................................................................
15
806
1 ,4 2 4
-
153
86
35
-
1
-
38
55
-
121
1
93
-
-
-
3 ,4 6 4
12
28
-
3 ,5 0 3
2 ,2 4 6
9 9 ,2 6 2
-
-
~
-
-
-
66
9 9 ,0 9 8
-
12
-
-
-
E x p e n se :
D ir e c t c o s t o f g o o d s and s e r v i c e s s o ld :
M a t e r ia ls a p p l i e d .......................................................
O ther a p p l ie d e x p e n s e s ...........................................
In c r e a s e ( - ) , or d e c r e a s e , in :
F i n i s h e d g o o d s .........................................................
D e p r e c i a t i o n .............................................................. ..
-
-•
-
-
-
3
-
-
27
-
-
6
I n t e r e s t ex p en se:
I n t e r e s t on b o r r o w in g s from t h e U . S .
1 ,8 6 2
O th er m ajor e x p e n s e i t e m s ........................................
M is c e lla n e o u s e x p e n s e ..................................................
O ther g a i n s , o r l o s s e s ( - ) :
C h a r g e - o f f s ...........................................................................
G a in , o r l o s s ( - ) , on s a l e o f f i x e d a s s e t s
G a in , o r l o s s ( - ) , on s a l e o f o t h e r a s s e t s
N et in c o m e , o r l o s s
-
921 8 /
-
1 ,8 6 2
921
78
9 9 ,1 2 5
3
#
_
-4 1 6
-
_
-
_
_
-
-
299
-1 7
_
-2 7
-
-
_
-
_
-1 1 7
-
-4 4
_
_
- 2 ,5 0 0
- 1 ,8 6 2
2 ,4 6 5
2 ,1 6 8
92
118
1
- 2 ,4 1 3
-969
-3 6 4
-
-
19
-
-
-
-
-
-
2,500
_
_
_
( - ) , b e f o r e ch an ge i n
I n c r e a s e ( - ) , or d e c r e a s e , i n a llo w a n c e s
fo r lo s s e s :
A llo w a n c e f o r l o s s e s on l o a n s ..............................
A llo w a n c e f o r l o s s e s on a c q u ir e d s e c u r i t y
o r c o l l a t e r a l ...................................................................
A llo w a n c e f o r l o s s e s on f i x e d a s s e t s .............
A llo w a n c e f o r l o s s e s on i n v e n t o r i e s ...............
-
N et i n c r e a s e ( - ) , or d e c r e a s e , i n
a llo w a n c e s f o r l o s s e s ................................................
N et in c o m e , o r l o s s ( - ) , f o r t h e p e r i o d ..........
C harges ( - ) , o r c r e d i t s , a p p l i c a b l e t o
N et in c o m e , o r l o s s ( - ) , t r a n s f e r r e d t o
a c c u m u la te d n e t in c o m e , o r d e f i c i t ( - ) ..........
-
-969
-36 4
19
-
-
-
- 1 ,8 6 2
1 ,4 9 6
1 ,8 0 3
111
118
1
- 2 ,4 1 3
405
12
_
- 1 ,8 6 2
1 ,4 9 6
1 ,8 0 3
517
130
1
- 2 ,4 1 3
-8 9 ,4 -6 0
- 1 ,8 6 2
2 ,2 0 5
1 ,4 9 6
1 5 ,2 0 1
1 ,8 0 3
1 8 ,6 0 5
517
3 ,7 9 8
1 30
-2
1
1 5 ,3 0 6
- 2 ,4 1 3
_
601
_
_
.
-
-
_
-
-
-
- 9 0 ,7 2 1
3 ,7 0 1
1 7 ,0 0 4
1 9 ,1 2 2
3 ,9 2 8
-1
1 2 ,8 9 3
CHANGES IN ACCUMULATED NET INCOME OR DEFICIT
B a la n c e a t end o f p r e v io u s f i s c a l y e a r .............
C a p it a l t r a n s f e r s o f e a r n in g s o r p r o f i t s
t o t h e U. S . T r e a su r y ( - ) ......................................
B a la n c e a t end o f r e p o r t i n g p e r i o d .......................
Footnotes at end of Section I I I . ( C o n t i n u e d
on following page)
.. .
May 1968
115
____________________ CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
( I n th o u sa n d s o f d o l l a r s )
Defense Department (Continued)
A cco u n t
Army
Department
Navy
Department
Defense production guarantees
Health, Education, and Welfare Department
Food and Drug
Administration
Revolving fund
for certifica
tion and other
services
Office of
Education 9/
Higher
education
facilities
loans fund
Public Health Service
Nurse
training
fund 10/
Health
professions
education
fund 10/
Operation of
commissaries,
narcotic
hospitals
INCOME AND EXPENSE
Incom e s
S a l e s o f g ood s and s e r v i c e s ...................................
In te r e st:
On p u b l ic d e b t s e c u r i t i e s ...................................
1,252
_
178
83
G u aran ty and in s u r a n c e p rem ium s.........................
16
_
_
_
_
_
T o t a l in c o m e .......................................................................
16
261
1,252
_
_
47
1,111
111
98
2,447
104
194
104
IQ/
174
9
2,457
2
101
E x p en se :
D i r e c t c o s t o f g o o d s and s e r v i c e s s o ld :
66
I n c r e a s e ( - ) , or d e c r e a s e , in :
O ther o p e r a t in g e x p e n s e s ..........................................
D e p r e c i a t i o n ........................................................... ..
A d m in is t r a t iv e e x p e n s e s ............................................
G r a n ts and c o n t r i b u t i o n s ..........................................
I n t e r e s t exp en se:
I n t e r e s t on b o rro w in g s from t h e U. S .
T r e a s u r y . ........................................................................
O th e r ................................... ................................................
O ther m ajor e x p e n s e i t e m s ........................................
M is c e lla n e o u s e x p e n s e ..................................................
35
1
25
2
55
_
_
_
T o t a l e x p e n s e .....................................................................
2
55
1,294
O th er g a i n s , or l o s s e s ( - ) :
C harge—o f f s . . . . . . . . . . . ...............................................
G a in , or l o s s ( - ) , on s a l e o f f i x e d a s s e t s
G a in , o r l o s s ( - ) , on s a l e o f o th e r a s s e t s
-
-
-
-
-
-
14
206
-42
_
_
-
_
_
-
14
206
N et in c o m e , o r l o s s
2,599
9
_
81
_
_
81
103
-
-
-
_
_
-194
95
112
-2
_
_
-
_
_
-
_
-
_
_
-42
-194
95
112
-2
112
-2
112
52
-2
47
2,650
-
( - ) , b e f o r e ch an ge i n
I n c r e a s e ( - ) , o r d e c r e a s e , i n a llo w a n c e s
fo r lo s s e s :
A llo w a n c e f o r l o s s e s on l o a n s ..............................
A llo w a n c e f o r l o s s e s on a c q u ir e d s e c u r i t y
or c o l l a t e r a l ...................................................................
A llo w a n c e f o r l o s s e s on f i x e d a s s e t s . . . . . .
A llo w a n c e f o r l o s s e s on i n v e n t o r i e s ...............
4
9
-
-
Net increase (-) , or decrease, in
N et in c o m e , o r l o s s ( - ) , f o r th e p e r i o d . . . . .
C harges ( - ) , or c r e d i t s , a p p l i c a b l e t o
N et in c o m e , or l o s s ( - ) , t r a n s f e r r e d t o
a c c u m u la te d n e t in c o m e , o r d e f i c i t ( - ) ..........
-25
14
206
-67
-194
95
B a la n c e a t end o f p r e v io u s f i s c a l y e a r . . . . . .
N et incom e , or l o s s ( —) ..................................... ..
C a p it a l t r a n s f e r s o f e a r n in g s or p r o f i t s
t o t h e U. S . T r e a su r y ( —) .....................................
5,594
14
12,877
206
2,028
-67
1,482
-194
95
-
-
-
-
-
-
-
B a la n c e a t end o f r e p o r t i n g p e r i o d ....................
5,608
13,083
1,961
1,289
95
112
50
CHANGES IN ACCUMULATED NET INCOME OR DEFICIT
Footnotes at end of Section III.
..........
(Continued on following page)
_
Treasury Bulletin
116
-.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 2. •Public Enterprise Revolving Funds • (Continued)
(In thousands of dollars)
Housing and Urban Development Department
HEW Dept.(Continued)
Account
Social Security
Administration
Bureau of
Federal
Credit Unions
Metropolitan
H vt; 11U
onmpn +0
Rpnpual and hmisi np nss istance
Urban
renewal
fund
Rehabili
tation
loan fund
Low-rent
public
housing
program
fund
Housing for
the elderly
or handicapped
College
housing
loans
4 ,1 8 5
-
4 3 ,2 4 2
-
5
-
Public works
planning
advances fund
INCOME A ND EXPENSE
Income:
Interest:
On public debt securities................
Other interest income .....................
Guaranty and insurance premiums...........
Other major income i tems ...................
Expense :
Direct cost of goods and services sold:
Cost of commodities s old ......................................
Materials ap p l ie d .......................................................
Wages and salaries a pplied .................................
Other applied expenses ...........................................
Increase (-) , or decrease, in:
Work-in-process .......................................................
Depreciation ........................................................................
_
3 ,0 4 4
46
6 ,2 4 1
152
126
43
1 ,4 7 0
525
345
11
313
-
3 ,0 9 0
6 ,3 9 3
169
2 ,3 3 9
4 ,1 9 6
4 3 ,5 5 5
5
-
-
-
-
-
-
-
-
-
_
_
_
8
3 ,0 3 7
-
100
-
_
411
38
4 67
-
-
4 51
177
2 9 ,4 6 7
1 6 ,6 8 9
-
-
_
2 0 7 ,7 7 8
-
-
_
-
16
5
6
1 3 7 ,2 5 3
-
-
Interest expense:
Interest on borrowings from the U. S.
6 ,3 0 1
-
Other major expense items..................
-
6
-
106
Total expense................................
58
3 ,1 0 3
-
2 1 4 ,0 8 4
100
1 3 7 ,7 3 1
695
753
4 7 ,4 1 3
-
-
-
4
11
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
15
-
-
- 1 ,3 2 4
-1 3
- 2 0 7 ,6 9 1
70
-1 3 5 ,3 7 7
3 ,5 0 1
- 3 ,8 5 8
- 1 ,3 2 0
-4 1 8
-1 7 7
578
-
-
-
Other gains, or losses (-):
Gain, or loss (-), on sale of fixed assets
Gain, or loss (-), on sale of other assets
Total other gains, or losses (-) .......................
-
-
Net income, or loss (-) , before change in
Increase (-) , or decrease, in allowances
for losses:
Allowance for losses on loa n s ..............................
Allowance for losses on acquired security
Allowance for losses on fixed a s s e t s ......
Net increase (-), or d e c r e a s e , in
allowances for l o s s e s ......................
Net income, or loss (-) , for the period.....
Charges (-) , or credits, applicable to
prior y e a r s .............................................................................
Net income , or loss (-) , transferred to
accumulated net income, or deficit (-).....
-6 2 5
-
-
- 1 ,3 2 4
-
-
-
-
-
-6 2 5
-1 5
-4 1 8
-1 7 7
578
-1 3
- 2 0 7 ,6 9 1
-5 5 5
- 1 3 5 ,3 9 2
3 ,0 8 3
-4 ,0 3 6
-7 4 2
-1 5
_
_
7
-1 3
- 2 0 7 ,6 9 1
-5 5 5
- 1 3 5 ,3 9 2
3 ,0 8 3
- 4 ,0 3 6
-7 3 5
1 ,6 2 2
-1 3
- 2 ,0 1 6 , 5 6 4
- 2 0 7 ,6 9 1
- 3 ,4 9 6
-5 5 5
- 2 ,4 9 1 ,3 0 9
- 1 3 5 ,3 9 2
6 ,9 8 0
3 ,0 8 3
8 ,1 7 7
- 4 ,0 3 6
- 4 1 ,9 0 4
-7 3 5
_
_
-5 8
_
_
-
_
_
-
-
-
-
-
1 ,6 1 0
- 2 ,2 2 4 ,2 5 6
- 4 ,0 5 1
- 2 ,6 2 6 ,7 5 9
1 0 ,0 6 3
4 ,1 4 1
- 4 2 ,6 4 0
CHANGES IN ACCUMULATED NET INCOME OR DEFICIT
Balance at end of previous fiscal y e a r .............
Capital transfers of earnings or profits
to the U. S. Treasury (-).................
Balance at end of reporting p e r i o d ..........
(Continued on following page)
117
May 1968
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
(in thousands of dollars)
Housing and Urban Development - (Continued)
Mortgage credit
Metropolitan development - (Continued)
Account
Urban mass
transportation
fund
Public
facility
loans
Revolving fund
liquidating
programs
Federal Housing Administration Federal National
Community
Special
Revolving
disposal
assistance
fund
operations
functions
fund
Mortgage Assoc.
Management
and
liquidating
functions
1 1 ,6 7 7
350
1 5 8 ,4 4 1
4 0 ,7 4 8
INCOME AND EXPENSE
Income:
Sales of goods and services.....
Interest:
On public debt securities..,..
Other interest income.........
Guaranty and insurance premiums.
Other major income items........
Other income.....................
Total income.
Expense:
Direct cost of goods and services sold:
Cost of commodities sold........ .
Materials applied......................
Wages and salaries applied............
Other applied expenses.................
Increase (-), or decrease, in:
Work-in-process.......................
Finished goods........ ...............
Other operating expenses.................
Depreciation..............................
Administrative expenses..................
Grants and contributions.................
Interest expense:
Interest on borrowings from the U. S.
Treasury................................
O ther....................................
Other major expense items................
Miscellaneous expense............... .
Total expense....... ........................ .
Other gains, or losses (-):
Charge-offs.................................. .
Gain, or loss (-), on sale of fixed assets,
Gain, or loss (-), on sale of other assets,
Other..........................................
102
102
5 ,3 3 3
267
15
-4 3 9
5,4-20
498
264
1 7 0 ,0 2 9
4 3 ,5 6 8
4 3 ,3 5 0
4
129
25
329
7
134
6 ,5 5 4
366
4 4 ,0 0 9
632
38
1 ,1 0 6
600
1 1 ,6
1 4 ,0 2 8
2 2 ,8 0 4
2 0 ,3 1 0
1 3 ,9 2 1
3 ,5 0 9
2 ,0 6 0
Balance at end of reporting period.
Footnotes at end of Section III.
2 ,6 0 2
708
2 ,3 7 0
3 ,7 5 7
159
6 3 ,9 3 6
3 9 ,8 3 3
3 9 ,1 3 1
-4 8
-3 2
3 ,3 7 5
-5 4
-4 8
- 8 0 ,4 0 7
309
57
57
2 6 ,7 9 8
5 ,9 6 0
136
-6 3
- 2 6 ,6 9 7
-5 3 9
25,686
1
-1
3 ,7 3 5
4 ,2 1 9
-9 1
-1 9 4
-7 4 6
-7 2 2
1 0 ,9 4 6
14
Net increase (-), or decrease, in
allowances for losses............
CHANGES IN ACCUMULATED NET INCOME OR DEFICIT
Balance at end of previous fiscal year.....
Net- income, or loss (-)...................
Capital transfers of earnings or profits
to the U. S. Treasury (-)................
Other............................ ........ ..
3 5 ,4 6 1
2 6 ,7 9 8
Increase (-), or decrease, in allowances
for losses:
Allowance f or losses on loans.
Allowance for losses on acquired security
or collateral..............................
Allowance for losses on fixed assets......
Allowance for losses on inventories.......
Other.........................................
Net income, or loss (-), for the period.
Charges (-), or credits, applicable to
prior years........ .............. .......
Net income, or loss (-), transferred to
accumulated net income, or deficit (-).
241
5 ,7 7 5
2 ,3 3 2
Total other gains, or losses (-)........
Net income, or loss (-), before change in
valuation allowances..................... .
230
- 2 6 ,6 9 7
- 1 ,2 6 1
14
1 0 ,2 0 1
-91
-1 9 4
323
57
3 5 ,8 8 7
3 ,6 4 3
4 ,0 2 5
18
- 2 6 ,6 9 7
- 1 ,2 6 1
3 40
57
3 5 ,8 8 7
3 ,6 4 3
4 ,0 2 5
- 7 7 ,5 2 9
- 2 6 ,6 9 7
- 1 2 ,3 5 1
- 1 ,2 6 1
- 1 ,1 6 7 ,2 3 5
340
- 1 6 ,1 4 3
57
1 ,1 7 6 ,5 1 5
3 5 ,8 8 7
1 1 0 ,4 0 1
3 ,6 4 3
1 0 6 ,4 8 7
4 ,0 2 5
1 1 4 ,0 4 5
1 1 0 ,5 1 2
- 2 ,1 3 2
- 1 0 4 ,2 2 6
- 1 3 ,6 1 2
- 1 ,1 6 6 , 8 9 5
(Continusd on following page)
- 1 6 ,0 8 5
1 ,2 1 0 ,2 6 9
Treasury Bulletin
118
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE A C T IV IT IE S -.________________
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
( i n th o u sa n d s o f d o l l a r s )
HUD D ep t. (C o n tin u ed )
M ortgage
c r e d i t - ( C o n t .)
A ccou n t
FNMA - ( C o n t . )
P a r tic ip a tio n
s a l e s fu nd
I n t e r i o r D epartm ent
B ureau o f I n d ia n A f f a i r s
R e v o lv in g
fund f o r
lo a n s
L iq u id a t io n
o f Hoonah
h o u s in g p r o j e c t
Bureau o f 1C om m ercial
F is h e r ie s
B ureau o f
M ines
F e d e r a l s h ip
m ortgage
in s u r a n c e fu n d ,
fis h in g v e s s e ls
H elium
fu nd
B ureau o f
R e c la m a tio n
F is h e r ie s
lo a n fu nd
Fund f o r em er
g en cy e x p e n s e s ,
F o r t Peck
P r o j e c t , M ont.
INCOME AND EXPENSE
Incom e:
1 1 ,2 9 1
2 ,5 3 4
In te rest:
2 ,2 4 7
3 ,9 7 7
_
_
-
150
_
-
-
_
_
120
54
_
-
199
-
-
6,224
150
*
1 1 ,4 1 1
54
199
2 ,5 3 4
-
3 56
207
*
E xp en se:
D ir e c t c o s t o f g o o d s and s e r v i c e s s o ld :
_
_
-
_
-
-
_
125
-
2
*
850
-
_
-
_
_
_
_
-
-
150
-
.
89
55
-
_
-
-
2
9 19
-
-
334
-
148
-
125
-
2
4 ,8 8 8
-
484
855
_
_
_
_
-
-
-
_
-
_
-
-
732
1 ,8 8 6
-
I n c r e a s e ( - ) , o r d e c r e a s e , in :
.
-
500
I n t e r e s t exp en se:
I n t e r e s t on b o r r o w in g s from t h e U. S .
O th er g a i n s , o r l o s s e s ( - ) :
G a in , o r l o s s ( - ) , on s a l e o f f i x e d a s s e t s .
G a in , o r l o s s ( - ) , on s a l e o f o t h e r a s s e t s .
N et in co m e , o r l o s s
-
_
-
-
-
-
_
-
-
-
-
-
-
-
-
6 ,0 9 9
150
-2
54
-2 8 4
1 ,6 7 9
-
( - ) , b e f o r e ch a n g e i n
I n c r e a s e ( - ) , o r d e c r e a s e , i n a llo w a n c e s
fo r lo s s e s :
A llo w a n c e f o r l o s s e s on l o a n s . ............... ..............
A llo w a n c e f o r l o s s e s on a c q u ir e d s e c u r i t y
Allowance for losses on inventories........
12/
-
-
-
-
-
-
-
-
6,522
-
-
-
-
Net increase (-), or decrease, in
Charges (-), or credits, applicable to
-
-
-
-
-
-
-
6 ,0 9 9
150
-2
6,522
54
-2 8 4
1 ,6 7 9
-8 7
_
_
_
_
Net income, or loss (-), transferred to
6 ,0 9 9
150
-2
6 ,4 3 6
54
-2 8 4
1 ,6 7 9
_
-4 ,1 4 1
150
-1 1 9
-2
9 0 ,7 1 9
6 ,4 3 6
241
54
-7 5 5
-2 8 4
2 2 ,9 8 0
1 ,6 7 9
_
CHANGES IN ACCUMULATED NET INCOME OR DEFICIT
Balance at end of previous fiscal year.......
Capital transfers of earnings or profits
Footnotes at end of Section III.
6 ,0 9 9
.
_
_
_
_
- 6 ,0 9 9
-
-
-
-
-
-
-
- 3 ,9 9 2
-1 2 1
9 7 ,1 5 5
295
- 1 ,0 3 9
2 4 ,6 5 9
(Continued on following page)
May 1968
119
__________________ CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
( I n th o u s a n d s o f d o l l a r s )
I n t e r i o r D ep artm en t (C o n tin u e d )
bureau o f R e c la
m ation - (C o n t. )
E x p a n sio n
o f d efen se
Upper
p r o d u c t io n
C olorad o
R iv e r B a s in
fu nd
A cco u n t
Labor D e p t.
B ureau o f
Employment
S e c u r ity
A dvances t o
unem ploym ent
t r u s t fu nd 1 2 /
P o st O ffic e
D ep artm en t
T r a n s p o r t a t io n D ep artm en t
A v ia t io n
war r i s k
in s u r a n c e
r e v o lv in g
fund
P o sta l
f and
12/
F ederal
R a ilr o a d
A d m in is t r a t io n
S a in t
L aw rence
Seaway
D ev elo p m en t
C o r p o r a tio n
A la sk a
R a ilr o a d
r e v o lv in g fu nd
INCOME AND EXPENSE
Incom e:
S a l e s o f g o o d s and s e r v i c e s ...................................
In te rests
On p u b l ic d e b t s e c u r i t i e s ...................................
O ther i n t e r e s t in c o m e .............................................
G u aranty and in s u r a n c e prem ium s.........................
O th er m ajor in com e i t e m s ..........................................
O th er in c o m e ........................................................................
T o t a l in c o m e ........................................................................
E x p en se :
D i r e c t c o s t o f g o o d s and s e r v i c e s s o ld :
C o st o f co m m o d ities s o l d .....................................
M a t e r ia ls a p p l i e d .......................................................
Wages and s a l a r i e s a p p l i e d ................................
O th er a p p l ie d e x p e n s e s ..........................................
I n c r e a s e ( - ) > o r d e c r e a s e , in :
W o r k - in - p r o c e s s ......................................................
F in is h e d g o o d s ......................... ...............................
O ther o p e r a t in g e x p e n s e s ..........................................
D e p r e c i a t io n ........................................................................
A d m in is t r a t iv e e x p e n s e s .............................................
G r a n ts and c o n t r i b u t i o n s ..........................................
I n t e r e s t exp en se:
I n t e r e s t on b o r r o w in g s from th e U. S .
T r e a s u r y ..........................................................................
2 ,8 5 5 ,9 6 1
9 ,9 9 4
21
-
2 ,0 4 8
-
7 3 ,6 1 0
5
-
12
353
42
1 0 ,0 1 6
-
2 ,0 4 8
2 ,9 2 9 ,5 7 1
5
7 ,9 1 9
3 ,9 7 0
-
-
2 , 6 2 2 ,5 7 4
4 3 1 ,7 8 1
92
_
3
_
_
_
.
_
4 0 4 ,6 5 0
3 3 ,3 8 7
5 4 ,2 4 9
890
_
_
_
_
_
-
561
_
_
14/
_
_
1 ,2 1 5
471
_
716
846
_
2 21
_
_
8 ,1 6 6
4 ,3 3 2
_
_
_
-1
_
_
-18
_
_
_
_
-1 9
*
5
-2 6 6
_
_
1
~
~
1
-6
T o t a l e x p e n s e .....................................................................
9 ,4 3 6
986
-
O ther g a i n s , or l o s s e s ( - ) :
C h a r g e - o f f s ..........................................................................
G a in , or l o s s ( - ) , on s a l e o f f i x e d a s s e t s
G a in , or l o s s ( - ) , on s a l e o f o th e r a s s e t s
_
_
-7 4 5
_
_
_
_
_
_
_
_
_
-
-7 4 5
_
_
580
- 1 ,7 3 1
2 ,0 4 8
N et in c o m e , or l o s s
785
4 ,7 3 8
958
_
_
-
5 ,4 0 8
3 ,4 6 7
_
( - ) .......................
_
-
2 ,5 5 0
_
1 5 ,9 3 0
3 3 ,0 6 9 1 5 /
3 ,5 9 5 ,6 4 0 1 6 /
O ther m ajor e x p e n s e i t e m s ........................................
M is c e lla n e o u s e x p e n s e ..................................................
T o t a l o th e r g a i n s , or l o s s e s
3 ,9 2 8
7 ,5 5 5
_
_
-
#
( - ) , b e f o r e change i n
I n c r e a s e ( - ) , or d e c r e a s e , i n a llo w a n c e s
fo r lo s s e s :
A llo w a n c e f o r l o s s e s on l o a n s ..............................
A llo w a n c e f o r l o s s e s on a c q u ir e d s e c u r i t y
- 6 6 6 ,0 6 9
-3 6 2
745
A llo w a n c e f o r l o s s e s on f i x e d a s s e t s .............
A llo w a n c e f o r l o s s e s on i n v e n t o r i e s ...............
-
-
N et i n c r e a s e ( - ) , or d e c r e a s e , in
a llo w a n c e s f o r l o s s e s .................... ..........................
_
745
580
-98 6
2 ,0 4 8
- 6 6 6 ,0 6 9
5
-2 6 5
-3 6 8
-
-
-
-
*
-3 4 6
29
580
-9 8 6
2 ,0 4 8
- 6 6 6 ,0 6 9
5
-6 1 1
-3 3 9
- 7 ,0 0 5
580
- 3 4 ,8 5 3
-9 8 6
2 0 ,6 4 1
2 ,0 4 8
50
5
-3 ,4 1 8
-6 1 1
- 2 3 ,0 9 7
-3 3 9
N et income, or loss (-) , for the p eriod ..........
C h arges ( - ) , or c r e d i t s , a p p l i c a b l e t o
p r i o r y e a r s .............................................................................
N et in c o m e , o r l o s s ( - ) , t r a n s f e r r e d t o
a c c u m u la te d n e t in c o m e , or d e f i c i t ( - ) ..........
-
-6
CHANGES IN ACCUMULATED NET INCOME OR DEFICIT
B a la n c e a t end of previous fiscal y e a r .............
Net income, or loos ( - ) .............................................
Capital transfers of earnings or profits
O th e r ........................................................................................
Footnotes at end of Section III.
-1 5 9
- 6 ,5 8 4
] ■~ ■ —
-----
17/
- 6 6 6 ,0 6 9
-
-
6 6 6 ,0 6 9
-
-
-
- 3 5 ,8 3 9
2 2 ,6 8 9
-
55
- 4 ,0 2 9
- 2 3 ,4 3 6
(Continued on following page)
Treasury Bulletin
120
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE A C TIV ITIES__________________
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
(In thousands of dollars)
T r e a su r y D ep artm en t 1 8 /
B ureau o f
A cco u n ts
A ccou n t
Fund f o r p a y
ment o f Govern
ment l o s s e s
in sh ip m en t 1 9 /
O f fic e o f th e
T r e a su r e r
T r e a su r e r o f
t h e U . S . , che ck
f o r g e r y in s u r
a n ce fund
V e t e r a n s ' A d m in is t r a t io n
G e n e ra l S e r v i c e s
A d m in is t r a t io n
E x p a n sio n
o f d efen se
p r o d u c tio n
R e c o n s t r u c t io n
F in a n c e
C o r p o r a tio n
li q u i d a t i o n
fund
E x p a n sio n
o f d efen se
p r o d u c t io n
C anteen
se r v ic e
r e v o lv in g
fu nd
D ir e c t
lo a n s t o
v e te r a n s
and
reserv es
INCOME AND EXPENSE
Incom e:
1 2 ,5 7 4
3 0 ,7 7 9
In te rest:
166
396
396
166
5
2 9 ,5 6 2
1
70
16
4 ,8 6 3
1 2 ,6 0 4
3 0 ,8 6 5
3 4 ,4 2 5
5
_
_
28
E xp en se:
D ir e c t c o s t o f g o o d s and s e r v i c e s s o ld :
2 1 ,3 5 5
6 ,3 3 3
I n c r e a s e ( - ) , o r d e c r e a s e , in :
W o r k -in -p r o c e s s
F i n i s h e d g o o d s . . . • • • • • • • • .......... ................ ....
O th «r o p e r a t i n g e x p e n s e s
D e p r e c i a t io n .
A d m in is t r a t iv e e x p e n s e s . .......... ...............................
G r a n ts and c o n t r i b u t i o n s • • • • • • • • • • • • • • • • • • •
I n t e r e s t exp en se:
I n t e r e s t on b o r r o w in g s from t h e U. S .
T r e a s u r y .• • • • • • • • • • • • • • • • • • • • • • • • • ■ • • • • •
O t h e r .......................... .........................................................
O th er m ajor e x p e n s e i t e m s . • • • • • • • • • . • • • « • • •
1 8 ,6 9 2
177
1
3 4 ,3 2 5
T o t a l e x p e n s e .• • • . • . • • • • • • • • • • • • • • • • • • • • • • •
N et in co m e , o r l o s s
-
396
_
-
_
£ J^5
>
_
-1 9
_
453
3 0 ,5 5 5
_
-1 9
-22 6
-1 9 4
-420
-
-
-
-
-
15
-
- 1 ,5 8 9
-1 9
_
_
168
5
- 4 2 ,7 0 6
2 91
_
_
_
_
_
_
_
_
_
_
_
-
-1
-
-
-
-
-
-
-1
-
-
-
-
39
_1
168
5
- 4 2 ,7 0 6
291
5 ,7 2 7
I n c r e a s e ( - ) , o r d e c r e a s e , i n a llo w a n c e s
fo r lo s s e s :
A llo w a n c e f o r l o s s e s on l o a n s ............... ................
A llo w a n c e f o r l o s s e s on a c q u ir e d s e c u r i t y
o r c o l l a t e r a l ........................ . . . . . . . . . . . . . . . . . .
A llo w a n c e f o r l o s s e s on f i x e d a s s e t s . • . . . . .
A llo w a n c e f o r l o s s e s on i n v e n t o r i e s . ................
N et in c o m e , o r l o s s ( - ) , f o r t h e p e r i o d . • • • • •
C harges ( - ) , o r c r e d i t s , a p p l i c a b l e t o
-
o~\
9nfd±
±s>
15
-1 ,5 7 0
( - ) , b e f o r e ch an ge i n
N et i n c r e a s e ( - ) , o r d e c r e a s e , i n
7 ,6 5 1
2 0 ,2 1 4
396
-
O th er g a i n s , o r l o s s e s ( - ) :
C h a r g e -o ff s . .....................................................................
G a in , o r l o s s ( - ) , on s a l e o f f i x e d a s s e t s .
G a in , o r l o s s ( - ) , on s a l e o f o t h e r a s s e t s .
526
13
1 ,5 2 0
260
1 ,0 8 7
5 ,6 8 8
39
_
N et in co m e , o r l o s s ( - ) , t r a n s f e r r e d t o
a cc u m u la te d n e t in c o m e , o r d e f i c i t ( - ) . . . . . .
-1
- 1 ,0 0 7
-
-4 2 ,7 0 7
291
5 ,7 2 7
- 8 8 2 ,8 7 7
- 4 2 ,7 0 7
1 0 ,3 0 5
291
4 6 ,4 9 6
5 ,7 2 7
-1
-8 3 9
-2 ,1 3 1
-1 7
-1
1 3 ,5 2 3
-8 3 9
2 ,1 3 1
-
-
1 ,0 0 8
-
-
-1 8
1 2 ,6 8 4
- 9 2 4 ,5 7 6
1 0 ,5 9 6
5 2 ,2 2 3
5
CHANGES IN ACCUMULATED NET INCOME OR DEFICIT
B a la n c e a t end o f p r e v io u s f i s c a l y e a r ...............
N et in c o m e , o r l o s s ( —) . • • • • • • • • • • • • • • • . . • •
C a p it a l t r a n s f e r s o f e a r n in g s o r p r o f i t s
t o t h e U. S . T r e a su r y ( - ) . . . . . . . . . . . . . . . . .
B a la n c e a t end o f r e p o r t i n g p e r i o d . • • • • • • • • . •
Footnotes at end of SectionIII.
20/
5
-5
(Continued on following page)
May 1968
121
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
(in thousands of dollars)
Veterans' Administration - (Continued)
A ccou n t
Loan
guaranty
revolving
fund
Rental,
maintenance,
and repair
of quarters
Servicemen’ s
group life
insurance
fund
Servicedisabled
veterans'
insurance
fund
Veterans'
reopened
insurance
fund
Veterans'
special
term
insurance
fund
-
1,459
12
19,318
3,529
199
14,615
438
634
-
21,226
18,977
Soldiers'
and
sailors'
civil
relief
INCOME AND EXPENSE
Incom e:
In te r e st:
27,154
7,366
34,520
59
41,478
66,898
59
108,376
125
3,936
527
4,587
E xp en se:
D ir e c t c o s t o f g o o d s and s e r v i c e s s o ld :
I n c r e a s e ( - ) , o r d e c r e a s e , in :
349
I n t e r e s t exp en se:
I n t e r e s t on b o r r o w in g s from t h e U. S .
O th e r ......................................................................................
8,686
37
108,376
5,516
37
108,376
5,516
3,670
5,734
13,239
21,925
O th er g a i n s , o r l o s s e s ( - ) :
G a in , o r l o s s ( - ) , on s a l e o f f i x e d a s s e t s .
G a in , o r l o s s ( - ) , on s a l e o f o t h e r a s s e t s .
N et in co m e , o r l o s s
( - ) , b e f o r e ch an ge i n
I n c r e a s e ( - ) , o r d e c r e a s e , i n a llo w a n c e s
fo r lo s s e s :
A llo w a n c e f o r l o s s e s on l o a n s ................................
A llo w a n c e f o r l o s s e s on a c q u ir e d s e c u r i t y
o r c o l l a t e r a l ...................................................... .............
-191
-1,113
-
;
-
-
4,019
5,734
-2
-2
-10
-1,304
-
-
*
-5
-7
-2
-10
11,292
22
*
-929
-7
17,206
13,232
148
-
-
-
-
-
-8,819
N et in c r e a s e ( - ) , o r d e c r e a s e , i n
N et in c o m e , o r l o s s ( - ) , f o r t h e p e r i o d . . . . . .
C harges ( - ) , o r c r e d i t s , a p p l ic a b le t o
N et in co m e , o r l o s s
( - ) , tr a n s fe r r e d to
-8,671
.
2,620
22
2,620
22
-105,084
2,620
22
.
-x-
_
.
_
_
-929
-7
17,206
13,232
-929
-7
17,206
13,232
-41,182
-929
-1,985
-7
5,492
17,206
284
13,232
-
-
-
-
22,697
13,516
CHANGES IN ACCUMULATED NET INCOME OR DEFICIT
B a la n c e a t end o f p r e v io u s f i s c a l y e a r ...............
#
16
-x-
C a p i t a l t r a n s f e r s o f e a r n in g s o r p r o f i t s
-
#
_
-
-
-
22
16
-102,464
Footnotes at end of Section III.
(Continued on following page)
500
-41,611
-
-1,992
Treasury Bulletin
122
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES__________________
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
Veterans’
Administration (Continued)
A ccou n t
Vocational
rehabilitation
revolving
fund
(in thousands of dollars)
Export-Import Bank
of Washington
Regular
lending
activities
Liquidation of
certain Recon
struction
Finance Corpo
ration assets
Farm Credit
Administration
21/
Revolving
fund for
administrative
expenses
Federal Home Loan
Bank Board 22/
Revolving
fund
Federal Sav
ings and Loan
Insurance
Corporation
Panama
Canal
Company
INCOME AND EXPENSE
Incom e:
79,881
In te rest:
_
_
356
116,168
1,445
_
_
_
_
-
38,092
786
48,901
-
-
9
-
1,687
9,094
2,356
-
-
117,977
-
1,687
9,094
90,134
79,881
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
_
-
-
E xp en se:
D ir e c t c o s t o f g o o d s and s e r v i c e s s o ld :
9,350
-
I n c r e a s e ( - ) , o r d e c r e a s e , in :
O th er o p e r a t i n g e x p e n s e s • • • • • • • • • • • • • • • • • • •
D e p r e c ia tio n *
A d m in is t r a t iv e e x p e n s e s • • • • • • • • • • • • • • • • • • • •
G r a n ts and c o n t r i b u t i o n s • • • • • • • • • • • • • • • • • • •
I n t e r e s t exp en se:
I n t e r e s t on b o r r o w in g s from t h e U. S .
T rea su ry .
O t h e r ...........................................
O th er m ajor e x p e n s e i t e m s • • • • • • • • • • • • • • • • • •
_
22
2,062
1,603
_
_
6,500
56
2,127
_
_
-
_
_
-
25,334
1,603
8,682
30,438
_
_
_
_
( - ) , b e f o r e ch a n g e i n
I n c r e a s e ( - ) , o r d e c r e a s e , i n a llo w a n c e s
fo r lo s s e s :
A llo w a n c e f o r l o s s e s on l o a n s .........................
A llo w a n c e f o r l o s s e s on a c q u ir e d s e c u r i t y
or c o lla t e r a l.• • • • • • • • • • • • • • • • • • • • • • • • • • • •
A llo w a n c e f o r l o s s e s on f i x e d a s s e t s . .
A llo w a n c e f o r l o s s e s on i n v e n t o r i e s . • • • • • • •
#
N et in c o m e , o r l o s s ( - ) , f o r t h e p e r i o d . • • • • •
C harges ( - ) , o r c r e d i t s , a p p l i c a b l e t o
N et in co m e , o r l o s s ( - ) , t r a n s f e r r e d t o
a c c u m u la te d n e t in c o m e , o r d e f i c i t ( - ) .............
722 24 /
_
_
-
*
_
_
_
-
-
31,614
3,668
6,303
-
6,061
10,445
876
68,317
-64
93
-
-
-
-
-
*
*
-
-
-
93
-64
*
57,149
-
84
412
59,789
11,500
-
- 1,232
_
_
_
-
-
-
_
_
_
-
*
57,149
_
N et i n c r e a s e ( - ) , o r d e c r e a s e , i n
2,670
55,353
60,829
T o t a l e x p e n s e .• • • • • • • • • • • • • • • • • • • • • • • • • • • • •
N et in co m e , o r l o s s
-
4,977
3
124
_
-
O th er g a i n s , o r l o s s e s ( - ) :
C h a r g e - o f f s .• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •
G a in , o r l o s s ( - ) , on s a l e o f f i x e d a s s e t s .
G a in , o r l o s s ( - ) , on s a l e o f o t h e r a s s e t s .
_
_
_
_
-
-
-789
-
-
- 2,021
-
84
412
57,768
11,500
-2
*
57,147
84
412
57,768
11,500
B a la n c e a t end o f p r e v io u s f i s c a l y e a r ...............
N et in c o m e , o r l o s s
C a p i t a l t r a n s f e r s o f e a r n in g s o r p r o f i t s
t o t h e U. S . T r e a su r y
O t h e r ..................................... ................................................
-17
1,116,663
57,147
86
84
705
412
1,966,332
57,768
149,059
11,500
-80
_
25,022
B a la n c e a t end o f r e p o r t i n g p e r i o d .................... ....
-17
90
1,116
2 , 049,122
CHANGES IN ACCUMULATED NET INCOME OR DEFICIT
Footnotes at end of Section H I •
- 50,000
1 , 123,810
*
(Continued on following page)
_
160,559
22/
123
M ay 1 9 6 8
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
(In thousands of dollars)
S m a ll B u s in e s s A d m i n i s t r a t i o n
Account
B u s in e s s lo a n
and in v e s t m e n t
fu n d
D is a s t e r
lo a n
fu n d
Tenn essee
V a lle y
A u th o rit y
U n ite d S ta te s
I n f o r m a t io n
A gency
In f o r m a t io n a l
m edia
g u a ra n ty fu n d
INCCME AND EXPENSE
Income:
1 8 4 ,4 4 1
Interest :
_
10
2
_
_
Other interest income.....................
Guaranty and insurance premiums............
Other major income items....................
Other income................................
3 0 ,3 7 3
524
358
4 ,8 5 5
29
1 3 ,0 6 2
Total income.... .............................
3 1 ,2 5 5
4 ,8 8 4
1 9 7 ,5 13
2
-
-
2 ,5 9 8
1 ,5 4 7
1 2 7 ,8 6 0
-
_
312
1 7 ,1 6 1
_
-6 1
3 ,9 4 6
-
8
-• ",67 2
2 ,6 3 3
3 7 ,7 5 2
2 ,4 4 9
-
Expense:
Direct cost of goods and services sold:
Cost of commodities sold..................
Materials auplied........... ...................................
Wages and salaries applied.............
Other applied expenses....................
Increase ( - ) , or decrease, in:
Work-in-process............ . . . . „ ......................
Depreciation. ....... ...............................................................
Administrative expenses.....................
Grants and contributions. .................... ...........................
Interest expense:
Interest on borrowings from the U. S.
-
Other ....................................................................................................
7 ,5 0 8 2$/
-
-
347
-
25
1 ,3 1 9
7 ,0 5 1
8
4 9 ,5 6 7
1 1 ,4 1 8
1 8 0 ,5 5 4
347
-6 ,7 1 8
-2 1 9
-8 6 0
14
-
3 1 ,1 0 8 2V
_
986
-
Other gains, or losses (-):
Gain, or loss (-), on sale of fixed assets.
Gain, or loss (-), on sale of other assets.
Other .......................................................................... .............................
Total other gains, or losses (-) .............................
Mo+
"fnoruno a
n
c 0 ULlLUilIC^
UJ.t 1
lUnoc oo (
-
-
-
-6 5
-
-6 ,9 3 7
-8 4 6
-
-6 5
-2 5 ,2 4 9
-7 ,3 7 9
1 6 ,9 6 0
-4 0 9
2 ,3 5 2
-8 7 6
-
-
-
-
in
Jl y huocf’nT'O
i u x c ^nhoricro
udugc *
XXI
Increase ( - ) , or decrease, in allowances
for losses:
Allowance for losses on loans .....................................
Allowance for losses on acquired security
or collateral ............ ........................ ........................ ..
Allowance for losses on fixed assets ..................
-
-4
*
Net increase ( - ) , or decrease, in
Net income, or loss ( - ) , for the period ...............
Charges ( - ) , or credits, applicable to
2 ,3 5 2
-8 7 6
-
-4
-2 2 ,8 9 7
-8 ,2 5 5
1 6 ,9 6 0
-4 1 3
-1 5 ,6 3 7
-2 0
-
38
-3 8 ,5 3 4
-8 ,2 7 5
-4 0 ,5 9 8
-3 8 ,5 3 4
-1 1 ,3 8 3
-8 ,2 7 5
2 9 6 ,1 7 3
1 6 ,9 6 0
-
1 ,3 5 0
-2 3 ,4 3 1
518
-
-
-7 8 ,6 1 5
-1 8 ,3 0 8
2 8 9 ,7 0 2
-2 4 ,1 3 7
Net income, or loss ( - ) , transferred to
CHANGES IN ACCUMULATED NET INCCME OR DEFICIT
Balance at end of previous fiscal yea r.......
Net income, or loss ( - ) .....................
Capital transfers of earnings or profits
to the U. S. Treasury ( - ) ..................
Other..........................................
Balance at end of reporting period...........
Footnotes at end of Section III.
1 6 ,9 6 0 26/
-3 7 5
-2 3 ,7 6 2
-3 7 5
-
Treasury Bulletin
124
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 3. - Intragovernmental Revolving Funds
(in thousands of dollars)
Legislative
Branch
Account
Total
Government
Printing
Office
2/
Agency for
International
Development
Acquisition
of property
revolving
fund
Agriculture Department
Agricultural
Forest
Research
Service
Service
Working
capital
fund
V/orking
capital
fund
Commerce Dept.
Working
capital
fund
National
Bureau of
Standards
Working
capital
fund
INCOME AND EXPENSE
Incom e:
S a l e s o f g o o d s and s e r v i c e s ...................................
I n te r e st:
On p u b l ic d e b t s e c u r i t i e s . . . . ......................... ■
O th er i n t e r e s t in c o m e .............................................
G u aran ty and in s u r a n c e prem ium s.........................
O th er m ajor in com e i t e m s .......... ...............................
O th er in co m e........................................................................
T o t a l in co m e........................................................................
E xp en se:
D ir e c t c o s t o f g o o d s and s e r v i c e s s o ld :
C o st o f c o m m o d itie s s o l d .....................................
M a t e r ia ls a p p l i e d ......................................................
Wages and s a l a r i e s a p p l i e d ................................
O th er a p p l ie d e x p e n s e s . .......... ............................
I n c r e a s e ( - ) , o r d e c r e a s e , in :
W o r k -in -p r o c e s s .......................................................
F in i s h e d g o o d s ........................................................
O th er o p e r a t i n g e x p e n s e s .........................................
D e p r e c i a t io n ........................................................................
A d m in is t r a t iv e e x p e n s e s .............................................
G r a n ts and c o n t r i b u t i o n s . ..... ..................................
I n te r e s t exp en se:
I n t e r e s t on b o r r o w in g s from t h e U. S .
T r e a s u r y ..........................................................................
O th e r ................................ ...................................................
O th er m ajor e x p e n s e i t e m s . .....................................
M is c e lla n e o u s e x p e n s e ............. ....................................
T o t a l e x p e n s e .....................................................................
O ther g a i n s , o r l o s s e s ( - ) :
C h a r g e - o f f s ..........................................................................
G a in , o r l o s s ( - ) , on s a l e o f f i x e d a s s e t s
G a in , o r l o s s ( - ) , on s a l e o f o t h e r a s s e t s
O t h e r . . .............................................................................. ..
4 ,2 2 9 ,6 7 6
9 9 ,5 5 5
1 ,8 7 1
2 ,3 5 5
:_6 ,4 96
4 ,5 1 3
2 9 ,4 7 7
1 ,8 7 1
2 ,3 6 4
1 6 ,4 9 6
4 ,5 1 3
2 9 ,4 7 7
625
1 ,2 9 3
442
2 ,8 2 4
2 ,3 3 8
1 ,7 0 5
4 ,8 7 5
542
2 ,1 8 7
1 ,7 0 8
1 ,7 0 6
1 8 ,7 5 6
7 ,8 3 3
300
5,832
727
4 ,2 3 5 ,8 0 9
1 0 0 ,2 8 2
4 8 5 ,5 4 8
4 9 4 ,4 6 5
1 ,2 3 2 ,7 0 8
1 7 ,3 9 5
26,521
1,648,118
4 5 ,4 4 1
-8 1 0
306,156
1 9 ,3 2 1
8 ,5 0 5
-1 9 1
-4 2 4
-1 ,0 6 7
108
-30,400
3 ,8 9 4
894
2 ,2 8 4
23
1,518
1 ,9 4 9
40
21
1 4,9 5 3
4 ,4 4 7
2,221
16
16
1 ,6 3 4
2 ,6 7 5
1 ,0 4 5
4 ,1 6 7 ,9 3 6
9 6 ,7 0 8
-7 1
-3 5 5
14
-16
14
-16
-5 7
2 ,2 8 4
2 ,3 8 4
-2 4 1
N et in c o m e , o r l o s s ( - ) , b e f o r e ch an ge i n
v a l u a t i o n a ll o w a n c e s ......................................................
6 7 ,6 3 2
2 8 ,7 1 1
130
185
T o t a l o t h e r g a i n s , o r l o s s e s ( - ) .......................
1 ,0 1 5
3 ,5
-4 1 3
-20
1 ,5 2 7
130
66
895
I n c r e a s e ( - ) , o r d e c r e a s e , i n a llo w a n c e s
fo r lo s s e s :
A llo w a n c e f o r l o s s e s on l o a n s ..............................
A llo w a n c e f o r l o s s e s on a c q u ir e d s e c u r i t y
o r c o l l a t e r a l ............. .....................................................
A llo w a n c e f o r l o s s e s on f i x e d a s s e t s .............
A llo w a n c e f o r l o s s e s on i n v e n t o r i e s ...............
O th e r ........................................................................................
N et i n c r e a s e ( - ) , o r d e c r e a s e , i n
a llo w a n c e s f o r l o s s e s . . . . .....................................
4
N et in co m e , o r l o s s ( - ) , f o r t h e p e r i o d . . . . .
C h arges ( - ) , o r c r e d i t s , a p p l i c a b l e t o
p r i o r y e a r s .................... ............................ ................
-5 ,1 5 3
N et in co m e , o r l o s s ( - ) , t r a n s f e r r e d t o
a cc u m u la te d n e t in co m e , o r d e f i c i t ( - ) ..........
6 2 ,4 8 3
6 7 ,6 3 6
3 ,5 8 8
-4 1 3
-20
1 ,5 2 7
66
895
1 ,5 2 7
66
895
8 ,9 4 3
1 ,5 2 7
430
268
895
-6 7
3 ,5 8 8
-480
-480
CHANGES IN ACCUMULATED NET INCOME OR DEFICIT
B a la n c e a t end o f p r e v io u s f i s c a l y e a r ..........
N et in c o m e , o r l o s s ( - ) . . . . ................................
C a p it a l t r a n s f e r s o f e a r n in g s o r p r o f i t s
t o t h e U. S . T r e a su r y ( - ) ...................................
O th e r ......................................................................................
1 3 4 ,8 2 4 r
6 2 ,4 8 3
2 6 ,3 1 3
3 ,5 8 8
-8 ,3 0 9
-4 3 7
-1 ,5 1 3
B a la n c e a t end o f r e p o r t i n g p e r i o d ............. ..
188,560
2 8 ,3 8 9
Footnotes at end of Section III.
734
10
-20
66
-2 6 8
254
(Continued on following page)
-11
1 0 ,4 7 0
496
895
May 1968
125
___________________ CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 3. - Intragovernmental Revolving Funds - (Continued)
(in thousands of dollars)
Commerce
D ep artm en t (C o n tin u ed )
HEW
D ep a rtm en t
D e fe n s e D ep artm en t
D e fe n s e
a g e n c ie s
A-rmv nennr+.mpnt,
A ir F o r ce
Dep a rtm en t
Dep a rtm en t
A ccou n t
W orking
c a p ita l
fund
D e fe n s e
in d u str ia l
fund 2 7 / 2 8 /
I n d u s tr ia l
fu n d 2 8 /
I n d u s tr ia l
fu nd 2 8 /
Corps o f
E n g in e e r s
I n d u s tr ia l
fu nd 2 8 /
P u b lic H e a lth
S e r v ic e
S e r v i c e and
s u p p ly fu nd
INCCME AND EXPENSE
Incom e:
1 4 4 ,2 1 2
5 5 7 ,4 2 1
2 ,8 9 8
_
144,212
5 5 7 ,4 2 1
11
135
1 ,6 8 5
319
1 ,2 6 0
6 ,2 9 3
1 3 5 ,0 2 8 2 9 /
402,212 2 9 /
189
-2
2 ,8 9 8
5 3 3 ,7 4 9
1 8 9 ,4 0 2
1 ,7 7 5 ,2 2 6
7 ,6 1 8
In te r e st:
On p u b l ic d e b t s e c u r i t i e s . • • • • • . . • • .............
_
_
_
4 ,0 8 4
_
4
5 3 3 ,7 4 9
1 9 3 ,4 8 6
1 , 7 7 5 ,2 2 6
7 ,6 2 2
E xp en se:
D ir e c t c o s t o f g o o d s and s e r v i c e s s o ld :
Wages and s a l a r i e s a p p l i e d . ............... ..............
O th er a p p l ie d e x p e n s e s .......... • • • • • • • . . ............
I n c r e a s e ( - ) , o r d e c r e a s e , in :
F in i s h e d g o o d s . . « • . . • • • • • ...............
O th er o p e r a t in g e x p e n s e s .........................• • • • • • • •
D e p r e c i a t io n .
A d m in is t r a t iv e e x p e n s e s .............................................
G r a n ts and c o n t r i b u t i o n s . • • • • • • • • . . . .......... ....
I n te r e s t exp en se:
I n t e r e s t on b o r r o w in g s from t h e U. S .
T r e a s u r y .......... .................................................. ..
O t h e r .................................................. .................................
O th er m ajor e x p e n s e it e m s
T o t a l e x p e n s e ......................................................................
9 3 ,4 1 7
2 5 ,8 3 7
7 3 ,3 0 8
2 7 8 ,3 8 4
1 7 8 ,2 0 9 2 9 /
O th er g a i n s , o r l o s s e s ( - ) :
C h a r g e -o ff s . . . . . . . . . . • • • • • • • • • • • • • • • • • • • • • •
G a in , o r l o s s ( - ) , on s a l e o f f i x e d a s s e t s .
G a in , o r l o s s ( - ) , on s a l e o f o t h e r a s s e t s .
- 2 8 ,9 2 5
_
_
_
_
4 ,3 6 6
14
_
_
_
_
463
14.2,771
5 2 1 ,4 6 4
5 2 8 ,6 3 5
1 8 6 ,7 8 5
1 ,7 7 3 ,7 9 9
7 ,8 1 7
_
_
_
-
-
-3 9
-
-
62
1
-
-
-
23
-
-
103
1 ,4 4 1
3 5 ,9 5 6
5 ,1 1 4
6 ,7 2 3
1 ,4 2 6
-1 9 5
_
_
_
-
_
_
_
_
_
_
_
-
-
-
-
_
_
_
_
6 ,7 2 3
1 ,4 2 6
-1 9 5
( - ) , b e f o r e ch an ge i n
I n c r e a s e ( - ) , o r d e c r e a s e , i n a llo w a n c e s
fo r lo s s e s :
A llo w a n c e f o r l o s s e s on l o a n s .................................
A llo w a n c e f o r l o s s e s on a c q u ir e d s e c u r i t y
or c o lla te r a l.
A llo w a n c e f o r l o s s e s on f i x e d a s s e t s . • • • • • •
A llo w a n c e f o r l o s s e s on i n v e n t o r i e s . . . ...........
O th e r .......................................... ................................................
3 ,4 3 7
2 7 6 ,3 2 6
8 4 4 ,6 4 4
6 8 1 ,7 5 4 2 9 /
5 ,5 9 6
1
N et in co m e , o r l o s s
1 7 7 ,2 0 8
- 1 ,2 6 6
285
36
10
3H
2 ,7 9 6
551
2 ,9 6 7
_
_
_
_
-
-
_
_
_
1 ,4 4 1
3 5 ,9 5 6
5 ,1 1 4
-4 9
524
1 4 ,1 7 4
103
1 ,3 9 3
3 6 ,4 8 1
1 9 ,2 8 8
6 ,7 2 3
- 1 7 ,8 7 3
-1 9 5
B a la n c e a t end o f p r e v io u s f i s c a l y e a r ...............
N et in c o m e , o r l o s s ( ) ..........................................
C a p it a l t r a n s f e r s o f e a r n in g s o r p r o f i t s
t o t h e U. S . T r e a su r y ( - ) ............... .......................
538
103
769
1 ,3 9 3
3 1 ,5 1 7
3 6 ,4 8 1
- 1 4 ,0 6 lr
1 9 ,2 8 8
2 8 ,1 9 5
6 ,7 2 3
-7 4 1
- 1 7 ,8 7 3
728
-1 9 5
_
_
_
_
B a la n c e a t end o f r e p o r t i n g p e r i o d . . . • • • • • • • •
64.1
2,162
67,997
5,227
N et in c r e a s e ( - ) , o r d e c r e a s e , i n
N et in co m e , o r l o s s ( - ) , f o r t h e p e r i o d . . . . . •
C harges ( - ) , o r c r e d i t s , a p p l i c a b l e t o
Net in co m e , o r l o s s ( - ) , t r a n s f e r r e d t o
a cc u m u la te d n e t in co m e , o r d e f i c i t ( - ) .............
103
- 1 9 ,2 9 9
CHANGES IN ACCUMULATED NET INCCME OR DEFICIT
Footnotes at end of Section III.
(Continued on following page)
-
34,919
-
-18,614
-
534
Treasury Bulletin
126
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES__________________
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 3. - Intragovernmental Revolving Funds - (Continued)
(in thousands of dollars)
Account
HEW Department-(Continued)
Public Health
Office
Service-(Cont.)
of the
SecretaryNarcotic
hospitals
Working
Working
capital fund
capital fund
Interior
Department
Office of
the Secretary
Working
capital fund
Justice
Department
Federal
Prison
Industries,
Inc.
Labor
Department
Office of
the Secretary
Working
capital fund
State
Department
Working
capital
fund
Transportation
Department
United States
Coast Guard
Supply
fund
INCOME AND EXPENSE
Income:
350
4,250
4,273
28,505
2/76]
3,778
_
_
_
_
_
_
83
_
_
_
_
_
12,214
Interest:
2
1
_
_
-
10
_
55
353
4,250
4,273
28,588
2/761
3,788
12,269
77
29
64
358
837
2,273
678
152
58
794
2,986
15,401
1,006
3,951
318
1,925
686
843
1,188
1,081
561
12,269
_
_
20
8
120
9
12
-8
172
710
523
349
_
_
29
_
_
21
35
_
_
_
1,146
23,249
_
_
2,958
_
8
3,740
-
-
-
-
Expense:
Direct cost of goods and services sold:
Increase ( - ) , or decrease, in:
Other nper^t 1rjg expends••***•»*•<-.
Depreciation.
Administrative expenses*■••••••••••••••••••
Grants and contributions
Interest expense:
Interest on borrowings from the U. S.
Treasury. ............................... .
38
_
_
Other major expense items••••••••••••••••••
-
Total expense.
Other gains, or losses (-) :
Charge-offs.
Gain, or loss ( - ) , on sale of fixed assets.
Gain, or loss ( - ) , on sale of other assets.
328
Net increase ( - ) , or decrease, in
allowances for losses................................. .
Net income, or loss ( - ) , for the p e r io d ......
Charges ( - ) , or credits, applicable to
-
4,196
4,290
CHANGES IN ACCUMULATED NET INCCME OR DEFICIT
Balance at end of previous fiscal year........ .
Net income, or loss (-)•••••••.......... ..
-
Footnotes at end of Section III.
-
12,269
21
-23
_
-3
-
-
-
21
1
54
-20
5,339
-196
48
21
_
_
-
_
_
-
_
-
-
-
-
-
.
_
_
_
-
-
-
1
54
-20
5,339
-196
48
21
.
_
-
1
54
-20
5,339
-196
48
21
322
1
655
54
25
-20
42,628r
5,339
-196
188
48
173
21
C a p it a l t r a n s f e r s o f e a r n in g s o r p r o f i t s
t o t h e U. S. T r e a su r y ( - ) • • • • • • • • • ..................
B a la n c e a t end o f r e p o r t i n g p e r i o d , • • • • • • • • • •
-
-1
-2
-2.6
2
-1
Net income, or loss ( - ) , transferred to
accumulated net income, or deficit ( - ) . . . . . .
_
_
-
Net income, or loss ( - ) , before change in
Increase ( - ) , or decrease, in allowances
for losses:
Allowance for losses on loans...................
Allowance for losses on acquired security
or collateral.
Allowance for losses on fixed assets.•••«..
Allowance for losses on inventories.• • • ....
285
15
-
_
-
322
710
-
5
(Continued on following page)
-
-
-
-
47,967
-196
236
194
May 1968
127
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 3. - Intragovernmental Revolving Funds - (Continued)
(in thousands of dollars)
Transportation Dept. - (Cont.)
Account
Coast Guard (Continued)
Yard
fund
Working
capital
fund 10/
General Services Administration 30/
Treasury
Department
Bureau of
Engraving and
Printing
Buildings
management
fund
Construction
services,
public
buildings
Federal
telecom
munications
fund
General
supply
fund
8,721
48,208
448,326
INCCME AND EXPENSE
Income:
Interest:
On public debt securities.......... .
8,559
-
Guaranty and insurance premiums......... .
1,385
18,507
211,768
.
9
8,567
-
-
-
-
-
-
-
-
-
-
-
-
1,385
18,507
50
211,818
1
8,721
48,208
448,326
3,188
3,021
-
111
449
775
3,090
7,470
1,992
-
-
-
413,631
-
_
_
_
19
4
733
-674
2,013
181
3,704
_
.
_
1,155
84
955
_
212,134
564
_
9,033
-
47,483
68
-
19,730
7,773
-
204
8,607
-
149
212,847
-
1,357
18,508
9,033
47,550
441,134
-14
-3
-1
-31
-7
_
-1
_
_
_
_
_
1
-299
-
-
-2
-
28
Expense:
Direct cost of goods and services sold:
Increase (-), or decrease, in:
_
_
-
Interest expense:
Interest on borrowings from the U. S.
Other gains, or losses (-):
Charge-offs......................... .......
Gain, or loss (-), on sale of fixed assets.
Gain, or loss (-), on sale of other assets.
Other.......................................
Net income, or loss (-), before change in
-2
-42
_
_
_
-35
-
1
6
-17
-73
-
-1
-292
-18
-1,101
-312
657
6,900
_
_
_
-
-
-
-
-
Increase (-), or decrease, in allowances
for losses:
Allowance for losses on loans..............
Allowance for losses on acquired security
Allowance for losses on fixed assets......
Allowance for losses on inventories.......
Net increase (-), or decrease, in
allowances for losses.....................
Net income, or loss (-), for the period......
Charges (-), or credits, applicable to
Net income, or loss (-), transferred to
CHANGES IN ACCUMULATED NET INCCME OR DEFICIT
Balance at end of previous fiscal year......
-
-
-
-
2
2
-
-42
28
-14
-1,101
-312
657
6,900
_
_
_
-283
-177
2
21
-42
28
-14
-1,384
-488
659
6,921
8
-42
28
-176
-14
280
-1,384
758
-488
3
659
5,461
6,921
-
-3
-
-5,461
-
270
659
6,921
4
-
Capital transfers of earnings or profits
Footnotes at end of Section III.
_
_
_
_
-
-
-
-280
-437
-34
28
-191
-1,821
(Continued on following page)
-
Treasury Bulletin
128
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 3. - Intragovernmental Revolving Funds • (Continued)
(In thousands of dollars)
General Services Administration
(Continued)
Veterans' Administration
Civil Service Commission
Working capital fund
Supply fund
Investigations
3,189
53,817
A ccou n t
INCCME AND EXPENSE
Incom e:
S a l e s o f g o o d s and s e r v i c e s ..........
In te r e st:
On p u b l ic d e b t s e c u r i t i e s . . . . .
O th er i n t e r e s t in co m e....................
G u aran ty and in s u r a n c e prem ium s.
O th er m ajor in com e it e m s ..................
O th er in co m e ...............................................
T o t a l in co m e .
E x p en se :
D ir e c t c o s t o f g o o d s and s e r v i c e s s o ld :
C o st o f c o m m o d ities s o l d ................................
M a t e r ia ls a p p l i e d .................................................
Wages and s a l a r i e s a p p l i e d . .........................
O th er a p p l ie d e x p e n s e s .....................................
I n c r e a s e ( - ) , o r d e c r e a s e , in :
W o r k - in - p r o c e s s .................................................
F i n i s h e d g o o d s .......................................... ..
O th er o p e r a t in g e x p e n s e s .....................................
D e p r e c i a t io n ...................................................................
A d m i n i s t r a t iv e e x p e n s e s ............. ..........................
G r a n ts and c o n t r i b u t i o n s .....................................
I n t e r e s t exp en se:
I n t e r e s t on b o r r o w in g s from t h e U. S .
T r e a s u r y . ..................................................................
O th e r .......... ...................................................................
O th er m ajor e x p e n s e it e m s ...................................
M i s c e ll a n e o u s e x p e n s e .............................................
6,276
298
797
3,190
54,912
6,277
625
50,769
158
2,512
256
70
4,806
1,204
106
2,417
74
206
33
45
T o t a l e x p e n s e .................... ................................................ ,
3,116
488
548
54,969
6,231
O th er g a i n s , o r l o s s e s ( - ) :
C h a r g e - o f f s .......................................................................... .
G a in , o r l o s s ( - ) , on s a l e o f f i x e d a s s e t s ,
G a in , o r l o s s ( - ) , on s a l e o f o t h e r a s s e t s ,
O t h e r ................................. ..................................................... ,
-1
73
-58
46
73
-58
46
73
-58
46
B a la n c e a t end o f p r e v i o u s f i s c a l y e a r ...........
N et in c o m e , o r l o s s ( - ) ..........................................
C a p i t a l t r a n s f e r s o f e a r n in g s o r p r o f i t s
t o t h e U. S . T r e a s u r y ( - ) ...................................
O th e r .......................................................................................
107
73
-35
-58
784
46
Balance at end of reporting period.
180
-1
T o ta l o th er g a in s , o r lo s s e s ( - ) .
N et in co m e , o r l o s s ( - ) , b e f o r e ch an ge i n
v a lu a t io n a ll o w a n c e s ..................................................
I n c r e a s e ( - ) , o r d e c r e a s e , i n a llo w a n c e s
fo r lo s s e s :
A llo w a n c e f o r l o s s e s on l o a n s ..............................
A llo w a n c e f o r l o s s e s on a c q u ir e d s e c u r i t y
o r c o l l a t e r a l . ...............................................................
A llo w a n c e f o r l o s s e s on f i x e d a s s e t s .............
A llo w a n c e f o r l o s s e s on i n v e n t o r i e s ................
O th e r ............................................................................ ..
N et i n c r e a s e ( - ) , o r d e c r e a s e , in
a llo w a n c e s f o r l o s s e s . . .................... ..
N et in co m e , o r l o s s ( - ) , f o r t h e p e r i o d .......... .
C h arges ( - ) , o r c r e d i t s , a p p l i c a b l e t o
p r i o r y e a r s .............................................................................
N et in co m e , o r l o s s ( - ) , t r a n s f e r r e d t o
a cc u m u la te d n e t in c o m e , o r d e f i c i t ( - ) ..........
CHANGES IN ACCUMULATED NET INCCME OR DEFICIT
Footnotes at end of Section III.
-784
-93
46
May 1968
129
__________________ CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 4. - Certain Other Activities
( I n th o u s a n d s o f d o l l a r s )
Agency f o r I n t e r n a t io n a l
D evelopm ent
A ccou n t
F o re ig n
c u rre n c y lo a n s
T o ta l
V
P r iv a t e
e n t e r p r is e s 31/
U .S . d o l l a r
and fo r e ig n
c u rre n c y
lo a n s
Commerce
Departm ent
A g r i c u l t u r e D epartm ent
F a rm e rs '
Home
A d m in is
t r a t i o n 32/
R u ra l
E le c t r if ic a
t i o n A d m in is
tra tio n
M a ritim e
A d m in is
t r a t io n
In t e r io r
Departm ent
B o n n e v ille
Power
A d m in is
t r a t io n
INCCME AND EXPENSE
Incom e:
49,977
-
463,693
-
5,985
21,477 21
-
In te r e st:
20
1,282
1,544
3,218
83,093
70
46,129
2,826
24,695
-
-
-
-
-
-
_
-
_
-
-
4,926
68,019
4,928
107,150
15,155
5,480
-
-
521,411
5,985
-
_
i>
i—i
49
46,129
*
83,093
-
-
-
-
E xp en se:
D ir e c t c o s t o f g o o d s and s e r v i c e s s o ld :
I n c r e a s e ( - ) , o r d e c r e a s e , in :
29,289
73,863
38,936
119,869
71
27,746
1,743
26
6,158
-
I n t e r e s t exp en se:
I n t e r e s t on b o r r o w in g s from t h e U. S .
O th e r ......................................................................................
6,221
.
-
-
44,741
-
-
4,606
-
4,600
6,499
-
324,023
-
6,221
29,561
50,924
189,624
27,134
-2
-5 ,3 9 8
-3 2 ,3 6 9
-2
-3 4 ,6 0 3
-
-
3,250
-
-86
-3 4 ,6 0 5
-5 ,3 9 8
-3 2 ,3 6 9
-2
-
3,250
-86
162,783
587
44,502
-2 9 ,4 9 3
-4 ,7 9 5
-1 8 3 ,5 4 8
-2 ,5 2 5
4
-
50,962
6,499
-
O th er g a i n s , o r l o s s e s ( - ) :
G a in , o r l o s s
G a in , o r l o s s
( - ) , on s a l e o f f i x e d a s s e t s .
( - ) , on s a l e o f o t h e r a s s e t s .
N et in co m e , o r l o s s ( - ) , b e f o r e ch an ge i n
v a lu a t io n a llo w a n c e s .......................................................
I n c r e a s e ( - ) , o r d e c r e a s e , i n a llo w a n c e s
fo r lo s s e s :
A llo w a n c e f o r l o s s e s on l o a n s ................................
A llo w a n c e f o r l o s s e s on a c q u ir e d s e c u r i t y
A llo w a n c e f o r l o s s e s on f i x e d a s s e t s ...............
N et i n c r e a s e ( - ) , o r d e c r e a s e , i n
a llo w a n c e s f o r l o s s e s .................................................
C harges ( - ) , o r c r e d i t s , a p p l ic a b le t o
p r i o r y e a r s ..............................................................................
N et in co m e , o r l o s s
1
_
_
_
_
_
_
_
-527
-
-
-
-
14
-
-
1
-
14
-
162,260
587
44,502
-29 ,493
-4 ,7 9 5
-183,53 3
-2 ,5 2 5
- 15,168
_
_
-1 4 ,1 7 0
-
-512
-405
147,092
587
44,502
-43 ,663
-4 ,7 9 5
-184,04 5
-2 ,9 3 0
-7 3 ,8 8 3
587
-45 5 ,6 0 5
44,502
- 460,586
-4 3 ,6 6 3
- 152,110
-4 ,7 9 5
-4 ,6 7 1 ,2 3 3
-18 4,04 5
-2,930
-523
-
( - ) , tr a n sfe r r e d t o
CHANGES IN ACCUMULATED NET INCCME OR DEFICIT
B a la n c e a t end o f p r e v io u s f i s c a l y e a r ...............
-4 ,6 2 0 ,0 5 9 r
147,092
17,674
C a p it a l t r a n s f e r s o f e a r n in g s o r p r o f i t s
-5 5 4 ,3 9 6
-5 ,0 2 7 ,3 6 3
Footnotes at end of Section III.
-7 3 ,2 9 6 1/
-41 1 ,1 0 3 y
.......- ......(Continued on following page)
-
-
-
-
-50 4 ,2 4 9
-15 6 ,9 0 5
4,8 55,2 78
14,745
Treasury Bulletin
130
_ .CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 4. - Certain Other Activities - (Continued)
(I n th o u s a n d s o f d o l l a r s )
I n t e r i o r D e p a rtm e n t-(C o n tin u e d )
A ccou n t
S o u th e a s te rn
Power
A d m in is
tr a t io n
S outhw estern
Power
A d m in is
tra tio n
T re a s u r y D epartm ent
M is c e lla n e o u s
lo a n s qnd
c e r t a in o th e r
a s s e ts
C i v i l d e fe n s e and
R e c o n s tru c tio n
F in a n ce Corpo
r a t i o n lo a n s in
liq u id a t io n
In te rs ta te
Commerce
Comm ission
Payment
o f lo a n
g u a r a n tie s
INCCME AND EXPENSE
Incom e:
13,669
14,831
In te r e st:
_
_
*
-
-
5
13, 669
14,835
-
-
-
-
_
_
327,078
107
-
2,925
-
-
330,003
107
-
-
-
-
_
E xp en se:
D ir e c t c o s t o f g o o d s and s e r v i c e s s o ld :
I n c r e a s e ( - ) , o r d e c r e a s e , in :
-
1,649
3
102
-
7,558
264
2
-
-
-
10,975
-
-
-
-
-
10,975
-
-
I n te r e s t exp en se:
I n t e r e s t on b o r r o w in g s from t h e U. S .
_
1,754
6
7,830
O th er g a i n s , o r l o s s e s ( - ) :
G a in , o r l o s s ( - ) , o n s a l e o f f i x e d a s s e t s .
G a in , o r l o s s ( - ) , on s a l e o f o t h e r a s s e t s .
N et in co m e , o r l o s s
-
-
-
-
-
-
-
-
-
-
11,915
7,005
319,028
107
-
( - ) , b e f o r e ch a n g e i n
I n c r e a s e ( - ) , o r d e c r e a s e , i n a llo w a n c e s
fo r lo s s e s :
A llo w a n c e f o r l o s s e s on l o a n s .................................
A llo w a n c e f o r l o s s e s on a c q u ir e d s e c u r i t y
A llo w a n c e f o r l o s s e s on i n v e n t o r i e s ..................
3
-
-
-
-
-
-
-
-542
-
3
318,486
107
-542
N et in c r e a s e ( - ) , o r d e c r e a s e , in
-74
-
-
0,
-
11,909
6,931
318,486
107
3
248,419
11,909
-12,911
6,931
952,851r
318,486
20/
107
-
-
260,327
-5,980
LT\
o
o
r-
-7
11,915
C harges ( - ) , o r c r e d i t s , a p p l i c a b l e t o
N et in co m e , o r l o s s
( - ) , tr a n sfe r r e d to
J
CHANGES IN ACCUMULATED NET INCCME OR DEFICIT
B a la n c e a t en d o f p r e v i o u s f i s c a l y e a r ...............
-12,676
3
C a p i t a l t r a n s f e r s o f e a r n in g s o r p r o f i t s
Footnotes at end of Section III.
-
-
-554,289
717,048
-107
-
-
-12,673
May 1968
131
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 5. - Certain Trust Revolving Funds
(I n th o u s a n d s o f d o l l a r s )
T o ta l
3V
A ccou n t
Defense
Departm ent
H ousing and Urban
Developm ent Departm ent
Army
Departm ent
F e d e ra l N a t io n a l
M ortgage A s s o c ia tio n
U n ite d S ta te s
S o l d i e r s ' Home
r e v o l v i n g fund
Secondary
m arket
o p e ra tio n s
P a r tic ip a tio n
s a le s t r u s t
fu n d
G e n e ra l
S e rv ic e s
A d m in is t r a t io n
N a tio n a l
Ar c h iv e s
t r u s t fu n d
C iv il
S e rv ic e
Comm ission
Em ployees'
h e a lth
b e n e f it s
fu n d
INCOME AND EXPENSE
Incom e:
S a le s o f g o o d s and s e r v i c e s .....................................
In te r e st:
534
88,638
O th er i n t e r e s t in co m e...............................................
G u aran ty and in s u r a n c e prem ium s...........................
O th er in co m e.........................................................................
-
T o t a l in co m e..........................................................................
904,846
69
E xpense:
D ir e c t c o s t o f g o o d s and s e r v i c e s s o ld :
C o st o f c o m m o d ities s o l d ........................................
M a t e r ia ls a p p l ie d .........................................................
Wages and s a l a r i e s a p p l i e d ...................................
94
68
I n c r e a s e ( - ) , o r d e c r e a s e , in :
W o r k -in -p r o c e s s ........................................................
-
465
2,248
2
136,159
_
2,569
_
_
9,594
475
_
3
146,228
4,820
-
283,385
62,897
468,771
621
_
_
1,835
_
_
_
347,399
-
467
349,235
25
-
-
-
O ther o p e r a t in g e x p e n s e s ............................................
D e p r e c i a t io n ...................................................... ...................
A d m in is t r a t iv e e x p e n s e s ........................... ...................
G ran ts and c o n t r i b u t i o n s ............................................
I n t e r e s t exp en se:
I n t e r e s t on b o r r o w in g s from t h e U. S .
T r e a s u r y ............................................................................
O th e r ......................................................................................
O th er m ajor e x p e n s e it e m s ..........................................
M is c e lla n e o u s e x p e n s e ....................................................
4,904
221,714
477,233
217
_
-
21,068
T o t a l e x p e n s e .......................................................................
728,816
69
O th er g a i n s , o r l o s s e s ( - ) :
C h a r g e - o f f s ............................................................................
G a in , o r l o s s ( - ) , on s a l e o f f i x e d a s s e t s .
G a in , o r l o s s ( - ) , on s a l e o f o t h e r a s s e t s .
O th e r..........................................................................................
3
_
-2
19,502
_
196
4,956
_
-
-
155
349
.
_
6
-
-
_
333,776
1
_
-
136,062
155
381
334,397
3,999
4 ,904
106,090
621
_
-2
-4 6
4
-
-
-
4
-
( - ) .........................
-4 1
-
-2
-
4
-
Net in co m e , o r l o s s ( - ) , b e f o r e change i n
v a lu a t io n a ll o w a n c e s ................................ .......................
175,989
-
10,164
4,665
90
14,838
T o ta l o th e r g a in s , or lo s s e s
I n c r e a s e ( - ) , o r d e c r e a s e , i n a llo w a n c e s
fo r lo s s e s :
A llo w a n c e f o r l o s s e s on l o a n s ................................
A llo w a n c e f o r l o s s e s on a c q u ir e d s e c u r i t y
o r c o l l a t e r a l .......... .........................................................
A llo w a n c e f o r l o s s e s on f i x e d a s s e t s ...............
A llo w a n c e f o r l o s s e s on i n v e n t o r i e s ..................
O th e r ...........................................................................................
- 1,386
-1 5
_
-
_
_
_
_
_
-
-
-
-1 ,9 7 5
-
-675
-3 ,3 7 6
-
-675
-
-
-
172,613
9,489
4,665
90
14,838
1,0 97,3 78
-
-
-
2
-1
1,269,991
-
9,489
4,665
91
14,837
B a la n c e a t end o f p r e v io u s f i s c a l y e a r ...............
N et in co m e , o r l o s s ( - ) ...............................................
C a p it a l t r a n s f e r s o f e a r n in g s o r p r o f i t s
t o t h e U. S . T r e a su r y ( - ) .......................................
O th e r ...........................................................................................
2 ,6 9 2 ,2 3 7 r
1,269,991
_
81,834
9,489
4,665
1,007
91
151,516
14,837
-
-
_
_
_
_
-1 0 ,0 1 7
-
- 5,216
-4 ,6 6 5
-
-
B a la n c e a t end o f r e p o r t i n g p e r i o d .........................
3,9 52,2 11
-
86,107
1,099
166,353
N et in c r e a s e ( - ) ,
or d e c r e a se , in
N et in co m e , o r l o s s ( - ) , f o r t h e p e r i o d .............
C h arges ( - ) , o r c r e d i t s , a p p l ic a b le t o
N et in co m e , o r l o s s ( - ) , t r a n s f e r r e d t o
a cc u m u la te d n e t in co m e , o r d e f i c i t ( - ) . . . . . .
CHANGES IN ACCUMULATED NET INCCME OR DEFICIT
Footnotes at end of Section III.
(Continued on following page)
_
-
Treasury Bulletin
132
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section II - Income and Expense for the Six Months Ended December 31, 1967
Table 5. - Certain T rust R evolving Funds - (Continued)
(In thousands of dollars)
Civil Service Commission (Continued)
Account
Employees'
life
insurance
fund
Retired
employees'
health
benefits
fund
Farm Credit Administration
Banks
for
cooperatives
25/
Federal
intermediate
credit
banks 35/
Federal
Communications
Commission
International
telecommunication
settlements
Federal
Deposit
Insurance
Corporation
11/
INCCME AND EXPENSE
Income:
Interest:
-
-
-
-
9,298
766
102,596
2
112,662
76
8,913
8,989
889
40,114
134
41,136
1,924
103,777
3
105,705
268
268
72,366
62,897
5
135,268
_
_
-
-
-
-
-
-
-
1
203
-
133
-
2,550
40
-
3,480
83
-
113,358
8,763
8,896
29,420
*
32,010
86,204
89,767
268
268
_
_
_
-51
3
_
_
_
-
-
-51
3
-
-
-900
93
9,074
15,946
-
122,018
~
-
-
Expense:
Direct cost of goods and services sold:
Increase ( - ) , or decrease, in:
12,966
68
-
Interest expense:
Interest on borrowings from the U. S.
Other....................................................................
-
113,562
Other gains, or losses (-) :
Gain, or loss ( - ) , on sale of fixed assets.
Gain, or loss ( - ) , on sale of other assets.
Other........................................................................
Total other gains, or losses ( - ) ....................
Net income, or loss .(-)> before change in
_
Increase ( - ) , or decrease, in allowances
for losses:
Allowance for losses on loans..........................
Allowance for losses on acquired security
Allowance for losses on fixed assets............
Net increase ( - ) , or decrease, in
Charges ( - ) , or credits, applicable to
Net income, or loss ( - ) , transferred to
CHANGES IN ACCUMULATED NET INCCME OR DEFICIT
Balance at end of previous fiscal year............
_
-
6
216
13,249
-
-
_
- 1,386
_
-
-15
-
-
- 1,300
-
-
-1,401
-
-
- 1,300
-900
93
7,674
15,946
_
120,718
1 , 100,000
-
-
-
-
-2,622
1 , 099,100
93
7,674
15,946
-
118,096
- 1 , 144,400
1 ,099,100
22,782
93
115,448
7,674
96,592
15,946
67
3,367,390
118,096
_
-128
22,875
122,994
-
C a p it a l t r a n s f e r s o f e a r n in g s o r p r o f i t s
-
-45,300
Footnotes at end of Section III.
-
-
-7
112,530
-
67
-
3,485,486
May 1968
133
_____________________ CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section III - Source and Application of Funds for the Six Months Ended December 31, 1967
Table 1. - Summary by Specified Classes o f Activities
(In thousands of dollars)
Account
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
Loans made..........................................................
Cost of security or collateral acquired..
Purchase, construction, or improvement
of fixed assets...............................................
Purchase of securities other than public
debt and issues of wholly owned Govern
ment enterprises.............................................
Other....................................................................
Total
Public
enterprise
revolving
funds
(See Table 2)
5,227,856
364,510
4,910,640
364,510
-
317,217
-
332,378
246,427
21,160
64,791
26,508
187,790
545
21,705
434,488
Intragovernmental
revolving funds
(See Table 3)
Certain
other activities
(See Table 4)
20,000
32,480
Total acquisition of assets.........................
Operating and other expenses (excluding
depreciation)......................................................
Increase in selected working capital............
6,139,042
6, 508
154,765
5,682,850
15,444,632
470,187
7,087,522
225,367
8,085,582
84,304
271,528
160,516
Total funds applied to operations..................
22,053,861
12,995,739
8,191,591
866,531
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
Repayment of loans...........................................
Sale of acquired security or collateral..
Sale of fixed assets.......................................
Sale of securities other than public debt
and issues of wholly owned Government
enterprises......................................................
Other....................................................................
2,471,799
50,400
18,882
8,496
340,638
2,890,215
W
2,238,873 J6/
50,400
10,119
232,926
-
-
1,790
6,973
8,496
309,435
17,307
13,895
2,617,323
19,097
253,795
Total realization of assets.........................
Capital stock issued to the public................
Income......................................................................
Decrease in selected working capital............
-
-
-
-
13,670,804
2,289,884
5,239,677
1,340,570
7,910,102
395,966
Total funds provided by operations................
18,850,902
9,197,570
8,325,166
521,024
553,348
1,328,166
Net effect of operations on expenditures
(excess of funds applied, or provided (-))
3,202,960
3,798,169
-133,574
-461,635
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
Appropriations enacted...................................
Borrowings from the U. S. Treasury............
Capital and surplus advances from the
U. S. Treasury............................. ..................
Other....................................................................
5,845,198
5,236,910
4,691,120
5,068,910
128,400
_
1,025,678
168,000
88,360
1,754
30,071
56,534
Total increase in investment of the U. S.
Government........................................................
Increase in other borrowings...........................
Decrease in investment holdings.....................
Decrease in selected cash and fund balances
11,170,469
1,442,128
437,874
880,216
9,761,785
1,442,128
422,459
704,296
158,471
1,250,212
-
15,415
114,728
-
61,192
Total funds provided by financing..................
13,930,687
12,330,667
288,615
1,311,405
30,024
19
30,000
5
4,937,642
4,837,540
_
100,102
10,000
10,000
_
636,171
73,573
8,309
341,236
216,098
50,226
205,151
5,176,510
629,804
586,404
2,139,780
Total funds applied to financing....................
6,171,171
629,804
586,404
3,340,348
10,727,727
Net effect of financing (excess of funds
applied (-) , or provided)...............................
3,202,960
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
transferred......................................................
Repayment of borrowings from the U. S.
Treasury............................................................
Repayment of capital and surplus advances
from the U. S. Treasury...............................
Distribution of earnings to the U. S.
Treasury............................................................
General and special fund revenues
deposited..........................................................
Other....................................................................
Total decrease in investment of the U. S.
Government........................................................
Decrease in borrowings from the public........
Increase in investment holdings.....................
Increase in selected cash and fund balances
Footnotes at end of Section.
_
_
554,289
71
291,009
10,875
38,380
956,281
-
-
8,532,498
383,809
422,189
816,759
1,773,040
3,798,169
-133,574
-461,635
Treasury Bulletin
134
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES__________________
Section III - Source and Application of Funds for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds
(In thousands of dollars)
Account
O ffic e o f
Economic
O p p o r t u n it y
T o ta l
1/
Economic
o p p o r t u n it y
lo a n fu n d
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
Cost of security or collateral acquired..
Purchase, construction, or improvement
4 ,9 1 0 ,6 ^ 0
364,510
13,102
*
Agency f o r I n t e r n a t io n a l Developm ent
F o re ig n
m ilit a r y
s a le s
fu n d
A llia n c e f o r
P r o g re s s ,
developm ent
lo a n s
D evelopm ent
lo a n s
D evelopm ent
lo a n fu n d
l i q u i d a t io n
account
32,606
135,061
335,746
16,240
-
-
-
-
F o re ig n
in v e s tm e n t
gu a ra n tee
fu n d
246,427
Purchase of securities other than public
debt and issues of wholly owned Govern
ment enterprises......................................... .
Total acquisition of assets..........................
Operating and other expenses (excluding
depreciation).......................................................
Total funds applied to operations..................
6,503
154,765
*
-
841
14
332
5,682,850
13,102
32,606
135,901
335,760
16,572
_
7,087,522
225,367
1,577
203
3,416
746
125
_
26
-
240
4,856
3,505
327
12,995,739
14,882
36,768
136,026
340,856
20,077
354
6,314
31,213
1,038
1,645
43,278
-
-
-
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
Sale of acquired security or collateral..
Sale of securities other than public debt
and issues of wholly owned Government
enterprises.......................................................
2,2 38,8 73 16/
50,400
10,119
2
-
-
-
-
-
8,496
309,435
*
36,435
-
-
-
Total realization of assets..........................
2,617,323
6,316
67,647
1,038
1 , 645
43,278
-
-
-
-
-
-
1,533
4,423
6,2.06
15,268
27,977
Decrease in selected working capital............
5,239,677
1,340,570
-
-
2,446
-
-
5,671
1,359
71,255
7,030
-
9,1 97 ,5 7 0
7,849
72,070
9,690
16,913
Net effect of operations on expenditures
(excess of funds applied, or provided (-))
3,798,169
7,033
-3 5 ,3 0 2
1 2 6 ,3 3 6
3 2 3 ,9 4 3
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
Appropriations enacted...................................
Borrowings from the U. S. Treasury............
Capital and surplus advances from the
U. S. Treasury.................................................
Other....................................................................
4,6 91,1 20
5 , 068,910
7,000
2 2 0 ,0 0 0
335,000
1,754
-
-
-
-
-
2 2 0 ,0 0 0
335,000
-
-
-
-
-
-
Total increase in investment of the U. S.
Government.......... .............................................
-
-5 1 ,1 7 8 27/
-6 ,6 7 7
Decrease in investment holdings......................
Decrease in selected cash and fund balances
422,459
704,296
33
-
Total funds provided by financing..................
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
12,330,667
7,033
-
220,000
335,000
-
-
-
-
_
_
-
50,226
-
9,761,785
7,000
1 ,4 4 2 ,1 2 8
-
19
Repayment of borrowings from the U. S.
Treasury.............................................................
Repayment of capital and surplus advances
from the U. S. Treasury...............................
Distribution of earnings to the U. S.
Treasury.............................................................
General and special fund revenues
deposited...........................................................
Other....................................................................
Total decrease in investment of the U. S.
Government........................................................
Decrease in borrowings from the public........
Increase in investment holdings......................
Increase in selected cash and fund balances
5,176,510
629,804
586,404
2.139,780
_
-
-
35.302
93,664
11.057
952
6,677
Total funds applied to financing....................
8,532,498
-
35,302
93,664
11,057
51,178
6,677
Net effect of financing (excess of funds
applied ( -) , or provided)...............................
3,798,169
-3 5 ,3 0 2
126,336
323,943
Footnotes at end of Section.
4,8 37,5 40
10,000
73,573
50,226 ^ 8/
5 0 ,2 2 6
205,151
7,033
(Continued on following page)
-
-
-
-5 1 ,1 7 8 2 1 /
-
-6 ,6 7 7
May 1968
135
___________________ CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section III - Source and Application of Funds for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
(In thousands of dollars)
A g r i c u l t u r e D epartm ent
Account
Commodity
C r e d it
C o rp o r a tio n
F e d e ra l
Crop
I n sura n ce
C o rp o r a t io n
iJ
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
Loans made..........................................................
Cost of security or collateral acquired..
Purchase, construction, or improvement
of fixed assets...............................................
Purchase of securities other than public
debt and issues of wholly owned Govern
ment enterprises.............................................
Other....................................................................
Total acquisition of assets.........................
Operating and other expenses (excluding
depreciation)........................................... .
Increase in selected working capital............
Total funds applied to operations..................
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
Repayment of loans...........................................
Sale of acquired security or collateral..
Sale of fixed assets.......................................
Sale of securities other than public debt
and issues of wholly owned Government
enterprises......................................................
Other....................................................................
Total realization of assets.........................
Capital stock issued to the p u b l i c .........
Income............................................................... ..
1 ,4 4 3 ,-5 6
F a rm e rs' Home A d m in is t r a t io n
D ir e c t
lo a n
account
164,695
60
Emergency
c r e d it
re v o lv in g
fu n d
22,732
1
A g r ic u ltu r a l
c re d it
in s u ra n c e
fun d
R u ra l h o u s in g
d ire c t
lo a n
account
R u ra l
h o u s in g
in s u ra n c e
fu n d
273,419
47
8,581
11
289,506
15
•50
35
22
1,443,291
50
164,790
22,754
273,467
8,592
289 ,522
2,1 34 ,8 8 5
59,218
2,668
7,501
3,578,175
59,269
16,011
42,457
223,257
291,800
35
426,212 2h/
-
187,757
47
30,589
280,968
11,782
7.586
27,960
69,392
243,572 2 2 /
172
27,146
54
313,526 2 2 /
5,167
1
2,279
3,198
2,586
13
1
429,410
190,390
69,407
243,745
27,200
313,526
27,002
1,498
5,973
21,082
13,336
1,991
16,194
270, 800
40,537
331,711
10,168
-1 2 ,5 7 7
-3 9 ,9 1 1
116,090
-
-
-
-
-
-
849,070
1,172,379
44,013
Total funds provided by operations................
2,450,859
50,109
217,391
70,905
Net effect of operations on expenditures
(excess of funds applied, or provided (-))
1,127,316
9,160
5,866
-4 0 ,3 1 6
1,399,725
3,5 87,9 25
10,208
6,096
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
Borrowings from the U. S. Treasury............
Capital and surplus advances from the
U. S. Treasury..................................... ..........
Other....................................................................
Total increase in investment of the U. S.
Government........................................................
Increase in other borrowings...........................
Decrease in investment holdings......................
Decrease in selected cash and fund balances
Total funds provided by financing..................
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
transferred........ .......... .................................
Repayment of borrowings from the U. S.
Treasury............................................................
Repayment of capital and surplus advances
Distribution of earnings to the U. S.
Treasury............................................................
General and special fund revenues
deposited..........................................................
Other...................................................................
Total decrease in investment of the U. S.
Government........................................................
Decrease in borrowings from the public........
Increase in investment holdings......................
Increase in selected cash and fund balances
-2
4 ,9 87,6 50
10,206
-
116,090
.175,000 40/
3,608
52,666
s , 040, 3 16
10,206
175,000
-
3,913,000
119,698
109,530
6,576 41/
69,005 41/
3,913,000
109,530
69,005
1,046
100,129
40,316
6,576
6,000
39,911
Total funds applied to financing........ ...........
3 , 913,000
1,046
169,1.34
40,316
109,530
12,577
39,911
Net effect of financing (excess of funds
applied ( - ) , or provided)...............................
1 ,127,316
9 , 1.60
5 ,866
- 40,316
10,168
-1 2 ,5 7 7
-3 9 ,9 1 1
Footnotes at end of Section.
(Continued on following page)
Treasury Bulletin
136
______ .CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES______
Section III - Source and Application o f Funds for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
(In thousands of dollars)
Agriculture
Department (Continued)
Account
Expansion
of defense
production
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
Loans made..........................................................
Cost of security or collateral acquired..
Purchase, construction, or improvement
Commerce Department
Economic
Development
Administration
Economic
development
fund
Federal ship
mortgage
insurance
fund
Total funds applied to operations..................
Net effect of operations on expenditures
(excess of funds applied, or provided (-) )
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
Appropriations enacted...................................
Borrowings from the U. S. Treasury............
Capital and surplus advances from the
U. S. Treasury...............................................
Other....................................................................
Total increase in investment of the U. S.
Government.........................................................
Decrease in investment holdings......................
Decrease in selected cash and fund balances
Total funds provided by financing..................
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
transferred.......................................................
Repayment of borrowings from the U. S.
Treasury.............................................................
Repayment of capital and surplus advances
War risk
insurance
revolving
fund
Defense
Supply Agency
Air Force
Department
Defense production guarantees
482
_
_
1,056
186
1,862
1,054
2,917
417
603
12
245
257
99,124
100,180
2,996
299
759
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
Repayment of loans...........................................
Sale of acquired security or collateral..
Sale of fixed assets........ ..............................
Sale of securities other than public debt
and issues of wholly owned Government
enterprises.......................................................
Decrease in selected working capital............
Vessel
operations
revolving
fund
186
Purchase of securities other than public
debt and issues of wholly owned Govern
ment enterprises.............................................
Total acquisition of assets..........................
Operating and other expenses (excluding
depreciation).......................................................
Increase in selected working capital............
Defense Department 7/
Maritime Administration
_
-
-
-
-
1,056
432
3
22
26
-
6
488
2,348
-
-
-
8
759
2,246
-
-
3,294
3,503
6,798
3,005
8
99,262
19,450
113,720
2,917
-6,195
-2,748
601
-
2,917
-
_
_
133
-
-
-
_
2,348
93
-
133
1
1
-18,540
-108
-1
-1,953
-
-
-
-
-
_
-
-
_
_
_
_
-
-
-
—
2,441
2,315
2,917
1,650
Distribution of earnings to the U. S.
General and special fund revenues
Other...................................................................
Total decrease in investment of the U. S.
_
Decrease in borrowings from the public........
Increase in investment holdings......................
Increase in selected cash and fund balances
_
_
_
_
-
Total funds applied to financing....................
-
6,195
6,195
947
151
2,748
-6,195
-2,748
_
-
-
-
1,650
_
_
_
18,540
18,540
-
-
-
-
-
-
63
45
108
_
-
1
1
1,953
1,953
-1
-1,953
Net effect of financing (excess of funds
2,917
Footnotes at end of Section.
(Continued on following page)
-18,540
-108
May i9 6 8
137
________CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES_______
Section III - Source and Application o f Funds for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
(In thousands of dollars)
D efense Departm ent 7/ ^onunuea;
Account
Army
D epartm ent
Navy
Departm ent
Defense p ro d u c tio n g u a ra n te e s
H e a lth , E d u c a tio n , and W e lfa re Departm ent
Food and Drug
M m i r u s i r a i io n
O ffic e o f
E d u c a tio n 2/
R e v o lv in g fund
fo r c e r t if ic a
t i o n and
o th e r s e r v ic e s
H ig h e r
ed u c a tio n
fa c ilit ie s
lo a n s fund
r u D i i c n e a n n o e r v ic e
N urse
t r a in in g
fu n d
H e a lth
p ro fe s s io n s
e d u c a tio n
fund
11,5 9 2
6 ,2 1 8
11,3 6 9
1 1 ,3 6 9
O p e ra tio n o f
co m m is s a rie s ,
n a r c o t ic
h o s p it a ls
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
3 ,5 4 9
Cost of security or collateral acquired..
Purchase, construction, or improvement
of fixed assets...............................................
Purchase of securities other than public
debt and issues of wholly owned Govern
ment enterprises............................................
2
Total acquisition of assets.........................
Operating and other expenses (excluding
Total funds applied to operations..................
3 ,5 4 9
72
1 1 ,5 9 2
6 ,2 1 8
2
55
1 ,2 6 9
2 ,6 5 0
2 ,0 4 3
9
95
2
3 ,6 0 4
1 ,3 4 1
1 6 ,2 8 5
6 ,3 2 2
1 1 ,5 6 3
102
104
194
101
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
Repayment of loans...........................................
Sale of acquired security or collateral..
Sale of fixed assets.......................................
Sale of securities other than public debt
and issues of wholly owned Government
1
7 ,4 9 9
261
102
806
7 ,4 9 9
18
13812
806
Capital stock issued to the public................
1,252
2 ,4 5 7
156
Total funds provided by operations................
19
7 ,7 6 0
1 ,4 0 8
3 ,2 6 3
104
194
101
Net effect of operations on expenditures
(excess of funds applied, or provided (-))
-1 7
-4 ,1 5 6
-6 6
1 3 ,0 2 2
6 ,2 1 8
1 1 ,3 6 9
*
-
-
-
_
-
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
Borrowings from the U. S. Treasury............
.Capital and surplus advances from the
U. S. Treasury............................... .
Total increase in investment of the U. S.
Government........................................................
Increase in other borrowings...........................
Decrease in investment holdings......................
Decrease in selected cash and fund balances
Total funds provided by financing..................
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
_
-
-
_
2 5 ,0 0 0 4 0 /
_
-
-
-
_
-
_
-
-
-
6 ,2 1 8
1 1 ,3 6 9
-
-
25,000
6 ,2 1 8
1 1 ,3 6 9
Repayment of borrowings from the U. S.
Repayment of capital and surplus advances
Distribution of earnings to the U. S.
General and special fund revenues
-
Other........ ...........................................................
Total decrease in investment of the U. S.
Decrease in borrowings from the public........
Increase in investment holdings......................
Increase in selected cash and fund balances
Total funds applied to financing....................
_
_
_
_
_
_
_
_
_
_
_
_
_
17
4 ,1 5 6
66
1 1 ,9 7 8
_
_
_
-
_
_
_
-
_
_
_
-
17
4 ,1 5 6
66
1 1 ,9 7 8
-
-
-
-1 7
-4 ,1 5 6
-66
1 3 ,0 2 2
6 ,2 1 8
1 1 ,3 6 9
*
Net effect of financing (excess of funds
Footnotes at end of Section.
(Continued on following page)
Treasury Bulletin
138
------------ CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES_______
Section III - Source and Application of Funds for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
(In thousands of dollars)
HEW D ep t. VC o n tin u e d )
Account
S o c ia l S e c u r it y
A d m in is t r a t io n
Bureau o f
F e d e ra l C r e d it
U n ion s
H ousing and U rban D evelopm ent D epartm ent
M e t ro p o lita n
developm ent
Renewal and h o u s in g a s s is ta n c e
Urban
ren ew a l
fu n d
R e h a b il i t a t i o n
lo a n
fu n d
L o w -re n t
p u b lic h o u s in g
program fu n d
H ou sing f o r
th e e l d e r l y
o r handicapped
C o lle g e
h o u s in g
lo a n s
P u b lic w orks
p la n n in g
advances fu n d
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
151,441
6,492
86,467
42 ,112
161,702
6,200
21
151,441
6,492
86,467
4 2 ,112
161,702
6,200
3,095
677
214,084
746
100
Increase in selected working capital............
137,739
695
394
47,413
1.254
Total funds applied to operations..................
3,793
366,271
6,608
224^206
43,201
210,369
6,200
176,091
243
85,533
315
19,756
4,1 86
Cost of security or collateral acquired..
Purchase, construction, or improvement
of fixed assets.......... ...........................
Purchase of securities other than public
debt and issues of wholly owned Govern-
Total acquisition of assets..........................
Operating and other expenses (excluding
11
17
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
Sale
Sale
Sale
and
of acquired security or collateral..
of fixed assets.......................................
of securities other than public debt
issues of wholly owned Government
145
Total realization of assets..........................
Capital stock issued to the p u b lic ............
176,091
243
85,679
315
19,756
4,186
3,090
6,393
169
2,340
310
4,196
43,555
7
3,090
Decrease in selected working capital............
182,483
413
88,328
4,511
63,311
4,192
Net effect of operations on expenditures
(excess of funds applied, or provided (-))
183,787
6,195
135,878
38,690
147,058
2,007
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
Appropriations enacted..............................
Borrowings from the U. S. Treasury............
Capital and surplus advances from the
U. S. Treasury.................................................
Other....................................................................
850,000
275,000
25,000
Total funds provided by operations................
100,000
Total increase in investment of the U. S.
850,000
Increase in other borrowings............................
Decrease in investment holdings......................
Decrease in selected cash and fund balances
Total funds provided by financing..................
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
transferred.. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Repayment of borrowings from the U. S.
275,000
25,000
50,000 40/
350,000 40/
100,000
57,892
2,007
75,000
507,892
2,007
1,000
702
702
6,195
850,000
6,195
276,000
350,000
Repayment of capital and surplus advances
from the U. S. Treasury...............................
Distribution of earnings to the U. S.
58
General and special fund revenues
75 41/
Other.....................................................................
Total decrease in investment of the U. S.
Decrease in borrowings from the public........
Increase in investment holdings......................
Increase in selected cash and fund balances
Total funds applied to financing....................
10,834 41/
58
75
140,064
36,235
- H O , 122
36,310
360,834
-
13 5,878
38,690
147,058
2^007
360,834
_
ot>6,213
-
6b 6 , 213
702
183,787
-
_
Net effect of financing (excess of funds
Footnotes at end of Section.
6 ,19 5
(Continued on following page)
May 1968
139
________CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES_______
Section III - Source and Application o f Funds for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
(in thousands of dollars)
Housing and Urban Development Department - (Continued)
Mortgage credit
Metropolit an development - (Continued)
Account
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
Loans made..........................................................
Cost of security or collateral acquired..
Purchase, construction, or improvement
of fixed assets...............................................
Purchase of securities other than public
debt and issues of wholly owned Govern
ment enterprises.............................................
Other....................................................................
Urban mass
transportation
fund
Revolving fund,
liquidating
programs
Public
facility
loans
Federal Housing Administration
Community
Revolving
disposal
operations
fund
fund
25,552
533
359,811
Federal National Mortgage Assoc.
Special
assistance
functions
245,450
Management and
liquidating
functions
258,666
40
103
_
-
_
Total acquisition of assets.........................
Operating and other expenses (excluding
depreciation)......................................................
Increase in selected working capital............
_
25,552
12
533
359,913
245,450
258,706
26,798
-
5,960
310
136
71
159
-
65,703
-
.40,023
-
39,318
-
Total funds applied to operations..................
26,798
31,822
219
693
425,616
285,473
298,024
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
Repayment of loans...........................................
Sale of acquired security or collateral..
Sale of fixed assets.......................................
Sale of securities other than public debt
and issues of wholly owned Government
100
-
1,491
-
181
_
491
1,016
_
43,122
1
33,320
_
66,254
19
-
-
-
1,506
264
93
12
261,697
304,832
170,029
3,642
-
1,491
5,420
-
25
206
498
-
33,320
43,568
2,620
66,273
_
43,350
78
Other....................................................................
Total realization of assets.........................
-
-
100
102
Decrease in selected working capital............
12
-
-
Total funds provided by operations................
202
6,911
704
1,864
478,503
79,508
109,701
Net effect of operations on expenditures
(excess of funds applied, or provided (-))
26,596
24,911
-485
-1,171
-52,887
205,966
188,323
238,790
231,290
-
-
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
Appropriations enacted...................................
Borrowings from the U. S. Treasury............
Capital and surplus advances from the
Other....................................................................
Total increase in investment of the U. S.
Government........................................................
Increase in other borrowings...........................
Decrease in investment holdings......................
Decrease in selected cash and fund balances
Total funds provided by financing..................
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
12.5,000
32,142
-
125,000
-
125,000
-
_
_
-
32,142
-
-
-
62,128
1,527
_
238,790
125,000 40/
2,749
231,290
23
-
32,142
-
-
63, 654
366,539
231,313
132,350
2,110
Repayment of borrowings from the U. S.
Treasury............................................................
Repayment of capital and surplus advances
Distribution of earnings to the U. S.
General and special fund revenues
610 41 /
-4,777 41/
24,935 41/
127,573
33,000 4£/
27,045
8,667 42/'
Total decrease in investment of the U. S.
_
Decrease in borrowings from the public........
Increase in investment holdings.....................
Increase in selected cash and fund balances
Net effect of financing (excess of funds
applied ( ), or provided)...............................
Footnotes at end of Section.
_
610
_
_
_
_
_
_
98,404
6,620
98.404
7,231
26, 596
24,911
..
_
29,278
63,150
24,113
485
485
1.171
1,171
-
7,279
116,542
160,573
42,990
-485
-1 ,1 7 1
-5 2 ,8 8 7
205,966
188,323
(Continued on following page)
Treasury Bulletin
140
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE A C T IV IT IE S _____________________
Section III - Source and Application of Funds for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
(In thousands of dollars)
HUD Dept. (Cont.)
Account
Mortgage
credit - (Cont.)
FNMA - (Cont.)
Participation
sales fund
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
Loans made...........................................................
Cost of security or collateral acquired..
Purchase, construction, or improvement
Bureau of Indian Affairs
Revolving
fund for
loans
Liquidation
of Hoonah
housing project
Interior Department,
Bureau of Commercial Fisheries
Bureau of
Mines
Federal ship
Fisheries
mortgage
Helium
loan
insurance
fund,
fund
fund
fishing vessels
Bureau of
Reclamation
Fund for emer
gency expenses,
Fort Peck
Project, Mont.
897
1,560
~
-
-
1,329
Purchase of securities other than public
debt and issues of wholly owned Govern
ment enterprises.............................................
Other....................................................................
-
~
-
21,721
23,051
-
897
-2 5
3,141
_
-
484
-
-
~
766
1,330
1,560
2
26,192
-
1,381
2,071
1,047
-
1
-
-
-
-
-
-
6,099
-
Total acquisition of assets..........................
Operating and other expenses (excluding
depreciation)............................... .......................
Increase in selected working capital............
6,099
1,5^0
-
125
-
-
Total funds applied to operations..................
6,224
-
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
Repayment of loan s.........................................
Sale of acquired security or collateral..
Sale of securities other than public debt
and issues of wholly owned Government
enterprises.......... ...........................................
Other.......................... .......................................
Total realization of assets..........................
Capital stock issued to the p u b lic ............
Income......................................................................
Decrease in selected working capital............
6,224
49,121
150
-
Total funds provided by operations................
55,345
Net effect of operations on expenditures
(excess of funds applied, or provided (-) )
_
1,047
2
-
752
-
3
-
-
1
3
_
-
_
_
-
-
4
756
_
_
-
11,411
2,690
54
-
199
331
2,534
1,196
1
14,103
54
1,286
2,534
-4 9 ,1 2 1
364
1
12,089
-5 4
94
-463
-
-
450
-
_
_
-
-
-
-
212,601
22.249
450
-
1
11,900
189
~
94
148
234,850
450
1
12,089
-
94
148
-
-
—
—
—
—
—
283,971
-
-
-
-
54
-
—
610
Total funds applied to financing.........................
283.971
86
_
~
_
-
-
-
86
54
_
610
Net effect of financing (excess of funds
applied ( - ) , or provided)........ .......................
-49,12.1
364
1
12,089
-5 4
94
-463
-
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
Borrowings from the U. S. Treasury............
Capital and surplus advances from the
Other....................................................................
Total increase in investment of the U. S.
Government.........................................................
Decrease in investment holdings............................
Decrease in selected cash and fund balances
-
11,900
-
148
-
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
Repayment of borrowings from the U. S.
Repayment of capital and surplus advances
Distribution of earnings to the U. S.
General and special fund revenues
Other.......... ................................................ ..........................
Total decrease in investment of the U. S.
Decrease in borrowings from the public..........
Increase in investment holdings............................
Increase in selected cash and fund balances
Footnotes at end of Section.
_
—
-
(Continued on following page)
May 1968
141
_______CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES_________
Section III - Source and Application of Funds for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
(In thousands of dollars)
I n t e r i o r D epartm ent Bureau of R e c la
m ation - ( C o n t . )
Account
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
Loans made....................................................
Cost of security or collateral acquired..
Purchase, construction, or improvement
of fixed assets...............................................
Purchase of securities other than public
debt and issues of wholly owned Govern
ment enterprises.............................................
Other........ ..........................................................
Upper
C o lo ra d o
R iv e r B a sin
fund
(C o n t .)
E xpa n sion
o f d e fe n se
p ro d u c tio n
Lab or D e p t.
Bureau o f
Employment
S e c u r it y
Advances to
unemployment
t r u s t fun d 12/
225,176
-
20,160
P o st O f f i c e
Departm ent
P o sta l
fun d 13/
T r a n s p o r t a t io n D epartm ent
A v ia t io n
war r i s k
in s u ra n c e
r e v o lv in g
fund
F e d e ra l
R a ilr o a d
A d m in is tr a tio n
Alaska.
R a ilr o a d
r e v o l v i n g fun d
-
-
103,374
876
-
-
-
119
Total acquisition of assets.........................
Operating and other expenses (excluding
depreciation)......................................................
Increase in selected working capital............
20,160
-
225,176
37
2,387
986
447
2,048
Total funds applied to operations..................
22,584
1,433
227,223
3,635,297
-
220
-
-
9 ,6 2 1
-
-
3,221
_
S a in t
Lawrence
Seaway
Developm ent
C o rp o r a tio n
-
-
-
-
909
103,494
-
3,531,804
*
-
-
876
95 0
7,197
148
3,487
1,558
8,220
5,995
-
40
-
118
18
12,842
2,930,019
21,752
_
5
-
158
7,824
-
21
6,126
-
5
7,982
6,147
238
-153
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
Repayment of loans...........................................
Sale of acquired security or collateral..
Sale of fixed a s s e t s ....... .............................
Sale of securities other than public debt
and issues of wholly owned Government
enterprises...............................................................
Other..............................................................................
Total realization of assets.........................
Capital stock issued to the p u b l i c .........
Income...............................................................................
Decrease in selected working capital..............
5,952
-
220
-
_
2,048
-
Total funds provided by operations..................
5,952
220
2,048
2 ,964,612
Net effect of operations on expenditures
(excess of funds applied, or provided (-) )
16,632
1,213
225,176
670,685
38,250
-
1,400
_
-
_
-
-
-
-
-
-
-
-
-
-
38,250
-
1,400
-
-
1,344,487
-
-
-
-
-
-
-
-
*CJO
-
38,250
1,400
225,176
1,344,487
-
238
-
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
Appropriations enacted........................................
Borrowings from the U. S. Treasury.......... ..
Capital and surplus advances from the
U. S. Treasury............................. ..........................
Other...................................................................
Total increase in investment of the U. S.
Government.................................................................
Increase in other borrowings...............................
Decrease in investment holdings.........................
Decrease in selected cash and fund balances
Total funds provided by financing..................
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
transferred......................................................
Repayment of borrowings from the U. S.
Treasury............................................................
Repayment of capital and surplus advances
~
-5
1,344,487
-
-T
22 5j 1/ V)
9
_
Distribution of earnings to the U. S.
Treasury............................................................
General and special fund revenues
deposited............................... ..........................
Other....................................................................
Total decrease in investment of the U. S.
Government........................................................
Decrease in borrowings from the public........
Increase in investment holdings.........................
Increase in selected cash and fund balances
-
-
-
-
-
-
-
19
_
21,599
-
-
-
_
_
187
-
673, 802
5
_
-
-
_
_
153
Total funds applied to financing.......................
21,618
187
_
673, 802
5 ...........
_
153
Net effect of financing (excess of funds
applied ( - ) , or provided)...............................
16,632
1,213
225,176
670,685
Footnotes at end of Section.
(Continued on following page)
-5
238
_
-153
Treasury Bulletin
142
______ CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE A C T IV IT IE S -----------Section III - Source and Application o f Funds for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
(in thousands of dollars)
General Services Administration Veterans'
Administration
Treasury Department
Office of
the Secretary
Account
Bureau of
Accounts
Federal Farrr.
Fund for pay
Mortgage Cor ment of Govern
poration liq ment losses
uidation fund in shipment 19/
Office of
the Treasurer
Treasurer of
the U.S., check
forgery in
surance fund
Expansion
of defense
production
Reconstruction
Finance
Corporation
licuidation
fund
Expansion
of defense
production
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
Loans made..........................................................
Cost of security or collateral acquired..
Purchase, construction, or improvement
of fixed a s s e t s .. . . . . . .................................
Purchase of securities other than public
debt and issues of wholly owned Govern
ment enterprises............................................
Total acquisition of assets.........................
Operating and other expenses (excluding
490
_
_
_
_
_
_
396
Increase in selected working capital............
Total funds applied to operations..................
Canteen
service
revolving
fund
23
23
-
-
-
396
_
_
_
_
13
86
99
1
1
_
_
35,028
-
35,028
_
490
30,849
31,339
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
898
-
Sale of acquired security or collateral..
Sale of securities other than public debt
and issues of wholly owned Government
Total realization of assets.........................
Net effect of operations on expenditures
(excess of funds applied, or provided (-)^
_
-
_
-
-
-
_
23
-
71
396
898
181
_
396
1,080
76
12,604
12,353
24,957
.
*
-981
-75
10,072
-
-
71
5
-
17
30,865
2,163
33,045
-1,707
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
2,000
Borrowings from the U. S. Treasury............
Capital and surplus advances from the
-
1,008
-
9
3,008
-
27
27
9
-
-
-
-
-
-
-
-
-
-
-
-
-
Total increase in investment of the U. S.
Increase in other borrowings...........................
Decrease in investment holdings.....................
Decrease in selected cash and fund balances
-
28
252
28
252
_
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
transferred................................. ....................
Repayment of borrowings from the U. S.
-
46,064
49,072
-
-
39,000
Repayment of capital and surplus advances
Distribution of earnings to the U. S.
Treasury............................................................
General and special fund revenues
deposited.........................................................
Other....................................................................
Total decrease in investment of the U. S.
84
-
252
-
1,008
-
-
-
252
-
1,008
84
39,000
-
Decrease in borrowings from the public........
Increase in investment holdings......................
Increase in selected cash and fund balances
6
-
-
-
-
-
-
-
-
-
-
—
1,707
Total funds applied to financing....................
6
252
1,008
84
39,000
1,707
Net effect of financing (excess of funds
applied ( - ) , or provided)...............................
23
-
-981
-75
10,072
-1,707
Footnotes at end of Section.
(Continued on following page)
-
May 1968
143
______CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES________
Section III - Source and Application o f Funds for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
(In thousands of dollars)
Veterans' Administration - (Continued)
Account
Direct
loans to
veterans
and
reserves
Loan
guaranty
revolving
fund
Rental,
maintenance,
and repair
of quarters
Servicemen's
group life
insurance
fund
Servicedisabled
veterans'
insurance
fund
Soldiers'
and
sailors'
civil
relief
Veterans'
reopened
insurance
fund
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
Cost of security or collateral acquired..
Purchase, construction, or improvement
of fixed assets...............................................
Purchase of securities other than public
debt and issues of wholly owned Govern
ment enterprises.............................................
Other....................................................................
Total acquisition of assets.........................
Operating and other expenses (excluding
depreciation)......................................................
Increase in selected working capital............
Total funds applied to operations..................
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
Repayment of loans...........................................
Sale of acquired security or collateral..
Sale of fixed assets.......................................
Sale of securities other than public debt
and issues of wholly owned Government
enterprises......................................................
79,403
25,980
391
236
116,192
_
-
7
142,172
_
_
817
1
415
28,390
4,867
112,897
21,925
4,586
91
5
_
3,917
1,252
5,493
6
5,584
322
1
40
37
12
108,376
_
164,097
49
108,376
49,350 22/
22,648 22/
-
-
49,350
-
-
22,648
-
Total funds provided by operations................
84,255
39,822
199
62,669
Net effect of operations on expenditures
(excess of funds applied, or provided (-))
28,642
101,428
Decrease in selected working capital............
810
79,639
-
Total realization of assets.........................
Capital stock issued to the public................
-
34,904
_
_
-
-
-
6
_
328
-
-
108,376
_
59
-10
_
108,376
-
25
-
-
_
59
-
-
28
1
69
-
4,157
-
_
-
-
21,124
-
4,485
1
21,193
1,008
5
-15,609
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
Borrowings from the U. S. Treasury............
Capital and surplus advances from the
-
Total increase in investment of the U. S.
Government........................................................
Increase in other borrowings...........................
Decrease in investment holdings......................
Decrease in selected cash and fund balances
69,786
Total funds provided by financing.............
69,786
_
_
_
_
_
175,000 40/
_
_
_
_
-
_
-
_
_
_
_
_
_
_
-
-
-
_
_
_
_
_
_
_
1,008
5
111
_
1,008
5
111
-
-
-
-
-
-
-
-
15,720
15,720
175,000
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
transferred......................................................
Repayment of borrowings from the U. S.
Repayment of capital and surplus advances
from the U. S. Treasury...............................
Distribution of earnings to the U. S.
General and special fund revenues
Other........ ..........................................................
Total decrease in investment of the U. S.
Government........................................................
Decrease in borrowings from the public........
Increase in investment holdings.....................
Increase in selected cash and fund balances
-6,490 41/
6,118 41/
-6,490
47,633 42/
6,118
700 42/
Total funds applied to financing....................
41,144
Net effect of financing (excess of funds
Footnotes at end of Section.
-
28,642
-
66,754
73,572
-
*
10
10
-10
101,428
(Continued on following page)
1,008
5
-15,609
Treasury Bulletin
144
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES_____________________
Section III - Source and Application of Funds for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
Account
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
Loans made...........................................................
Cost of security or collateral acquired..
Purchase, construction, or improvement
of fixed assets...............................................
Purchase of securities other than public
debt and issues of wholly owned Govern-
(In thousands of dollars)
Veterans' Administration-(Cont.)
Export-Import
Bank of
Veterans'
Vocational
Washington
special
rehabili
term
tation
Regular
insurance
revolving
lending
fund
fund
activities 43/
1,913
130
Farm Credit Administration
Revolving
fund for
adminis
trative
expenses
Short-term
credit
investment
fund
Banks for
cooperatives
investment
fund
4,329
200
Total acquisition of assets.........................
Operating and other expenses (excluding
depreciation).......... ...........................................
Total funds applied to operations..................
5,609
3,639
11,164
-
130
-
638,703
130
60,809
36,967
736,479
107
291,139 32/
.
_
Revolving
fund
638,699
4
3
1,916
Federal Home
Loan Bank
Board
-
3,000
-
-
200
3,000
1,602
_
_
_
1,602
200
3,000
_
4,329
8,627
12,956
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
8,484
1
Total realization of assets..........................
00 1 1
Sale of acquired security or collateral..
Sale of fixed assets.......................................
Sale of securities other than public debt
and issues of wholly owned Government
enterprises......................................................
Other................................................... ..
3
561
-
18,842
-
107
-
-
291,139
-
-
-
_
_
-
-
8,484
-
_
-
-
_
-
-
Decrease in selected working capital............
_
_
-
-
9,094
3,875
Total funds provided by operations................
19,403
9
116
1,606
53
409,108
1,659
_
8,484
12,969
Net effect of operations on expenditures
(excess of funds applied, or provided (-) )
- 8,240
14
327,370
-56
200
-5,484
-14
-
117,969
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
Borrowings from the U. S. Treasury............
Capital and surplus advances from the
Other....................................................................
Total increase in investment of the U. S.
Government.........................................................
Increase in other borrowings...........................
Decrease in investment holdings......................
Decrease in selected cash and fund balances
Total funds provided by financing.................
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
transferred.......................................................
Repayment of borrowings from the U. S.
745,000
-
-
_
_
_
_
-
14
14
-
-
-
745,000
20,000 40/
203,700
29,088
997,788
-
-
-
-
_
_
_
_
_
-
-
—
—
_
_
_
-
200
200
289,900
Repayment of capital and surplus advances
from the U. S. Treasury...............................
Distribution of earnings to the U. S.
50,000
General and special fund revenues
Other........ ............................................................
Total decrease in investment of the U. S.
Government.........................................................
Decrease in borrowings from the public........
Increase in investment holdings......................
Increase in selected cash and fund balances
Net effect of financing (excess of funds
Footnotes at end of Section.
_
_
_
_
_
_
7,767
473
8,240
- 8,240
-
_
339,900
208,318 44/
122,200
-
—
—
_
_
_
_
_
_
56
-
5,484
14
5,484
14
-5,484
-14
-
-
670,418
56
-
14
327,370
-56
200
(Continued on following page)
J
_
-
May 1968
145
----------CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES_________
Section III - Source and Application of Funds for the Six Months Ended December 31, 1967
Table 2. - Public Enterprise Revolving Funds - (Continued)
Account
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
Loans made..........................................................
Cost of security or collateral acquired..
Purchase, construction, or improvement
of fixed assets...............................................
Purchase of securities other than public
debt and issues of wholly owned Govern-
(In thousands of dollars)
Federal Home Loan
Bank Board - (Continued)
Panama
Home Owners’
Federal Sav
Canal
Loan
ings and Loan
Company
Corporation
Insurance
(liquidated)
Corporation
Total funds applied to operations..................
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
Sale
Sale
Sale
and
of acquired security or collateral..
of fixed assets.......................................
of securities other than public debt
issues of wholly owned Government
2,913
32,456
_
43,391
151
110,949
-
-
560
_
4,613
150,694
43,541
110,949
560
*
63,866
2,597
49,786
49,256
145,311
27,189
347
71,077
249,736
11,432
19,165
74,138
283,450
907
100,522
1,542
4,445
3,953
22/
-
-
245
115,156
1,770
_
Decrease in selected working capital............
Total funds provided by operations................
125,324
_
Net effect of operations on expenditures
(excess of funds applied, or provided (-))
-89,955
58
53
819
13,613
298
197,513
79,906
134,907
19,848
197,812
-8,829
114,829
54,290
85,638
-261
-
79,881
-
1,071
103,135
819
2
347
1,168
25
-
-
13,362
193
25
-
Informational
media
guaranty fund
3,308
6, 548
35,369
-
Tennessee
Valley
Authority
Unites States
Information
Agency
-
-
8,397
Total increase in investment of the U. S.
Government........................................................
Increase in other borrowings...........................
Decrease in investment holdings......................
Decrease in selected cash and fund balances
Disaster
loan
fund
4,613
Total realization of assets.........................
Capital stock issued to the public................
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
Appropriations enacted...................................
Borrowings from the U. S. Treasury............
Capital and surplus advances from the
U. S. Treasury................................................
Other...................................................................
Business
loan and
investment
fund
139,521
1,317
2,912
Total acquisition of assets.........................
Operating and other expenses (excluding
depreciation)......................................................
Increase in selected working capital............
Small Business
Administration 45/
-
-
31,773
-
-
6,235
-
-
61,000
58
-
_
-
-
-
-
-
-
-
2,631
2,631
-
-
1,171
1,171
2
2
-
100,000 40/
-
101,732
201,732
-
-
64,388
64,388
61,000
360,000
421,000 '
58
58
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
transferred......................................................
Repayment of borrowings from the U. S.
Repayment of capital and surplus advances
10,000
Distribution of earnings to the U. S.
23,431
General and special fund revenues
Other................................... ................................
Total decrease in investment of the U. S.
Government........................................................
Decrease in borrowings from the public........
Increase in investment holdings......................
Increase in selected cash and fund balances
-
92,586
_
2
-
Total funds applied to financing....................
92,586
2
Net effect of financing (excess of funds
applied ( ), or provided)............................
-89,955
*
Footnotes at end of Section.
1
86,904 41/
10,098 4 ]/
10,000
10,000
86,904
86,904
10,098
10,098
23,434
302,200
-
9,727
335,362
319
319
-8,829
114,829
54,290
85,638
-261
3
Treasury Bulletin
146
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES_____________________
Section III - Source and Application of Funds for the Six Months Ended December 31, 1967
Table 3. - Intragovernmental Revolving Funds
(In thousands of dollars)
Legislative
Branch
Account
Total
1/
Government
Printing
Office
Agency for
International
Development
Acquisition
of property
revolving
fund
Agri.culture Department
Agricultural
Research
Forest
Service
Service
'Working
Working
capital
capital
fund
fund
Working
capital
fund
Commerce Dept.
National
Bureau of
Standards
Working
capital
fund
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
Cost of security or collateral acquired..
Purchase, construction, or improvement
2
21,160
1,556
545
-
.
530
_
Other....................................................................
Total acquisition of assets..........................
Operating and other expenses (excluding
21,705
1,556
530
8,085,582
84,304
95,813
4,378
2,350
8,191, 591
101,747
2,881
1,790
15
Purchase of securities other than public
debt and issues of wholly owned Govern-
Increase in selected working capital............
-
2,780
109
1,626
_
_
8
42
“
2,780
109
1,634
2,383
-
13,703
-
4,40.3
-
28,502
-
2,426
16,483
4,512
30,136
-
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
Sale of acquired security or collateral..
Sale of securities other than public debt
and issues of wholly owned Government
Capital stock issued to the public................
Decrease in selected working capital............
Net effect of operations on expenditures
(excess of funds applied, or provided (-) )
636
17,307
_
530
_
19,097
_
7,910,102
395,966
15
_
100,282
-
530
_
1,871
510
1
8,325,166
100,298
-1 3 ^ 7 4
_
637
_
16,496
1,579
18,711
4,513
291
2,912
2,364
7
2,372
14
29,555
64
4,804
29,634
1,449
-31
53
-2,228
-293
502
_
_
_
_
—
-
-
-
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
128,400
Borrowings from the U. S. Treasury............
Capital and surplus advances from the
Other....................................................................
Total increase in investment of the U. S.
Government.........................................................
Increase in other borrowings...........................
Decrease in investment holdings......................
Decrease in selected cash and fund balances
30.071
153,471
15,415
11/,. 728
2.962
_
53
-
-
Total funds provided by financing..................
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
transferred.......................................................
Repayment of borrowings from the U. S.
Treasury.............................................................
Repayment of capital and surplus advances
from the U. S. Treasury...............................
Distribution of earnings to the U. S.
Treasury.............................................................
General and special fund revenues
deposited................... ......................................
Other.............................................. ....................
Total decrease in investment of the U. S.
Government.........................................................
Decrease in borrowings from the public........
Increase in investment holdings......................
Increase in selected cash and fund balances
288,615
2,962
_
53
-
-
Total funds applied to financing....................
422,189
Net effect of financing (excess of funds
applied ( - ) , or provided)...............................
-133,574
Footnotes at end of Section.
-
—
770
770
30,000
8,309
38,380
-
383,809
268
1,513
_
—
_
_
31
-
2,228
293
268
-
1,513
31
-
2,228
293
268
1,449
-31
-2,2.28
-293
502
1,513
-
-
(Continued on following page)
53
-
May 1968
147
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES______
Section III - Source and Application of Funds for the Six Months Ended December 31, 1967
Table 3. - Intragovernmental Revolving Funds - (Continued)
(In thousands of dollars)
Commerce
Department (Continued)
Account
Working
capital
fund
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
Loans made..........................................................
Cost of security or collateral acquired..
Purchase, construction, or improvement
of fixed assets...............................................
Purchase of securities other than public
debt and issues of wholly owned Govern
ment enterprises.............................................
Other....................................................................
Total acquisition of assets.........................
Operating and other expenses (excluding
Defense Department
Defense agencies
Defense
stock
fund
Air Force Department
Defense
industrial
fund 27/ 28/
-
-
57
-
-
_
_
57
-
Stock
fund
-
Army Department
Industrial
fund 28/
Industrial
fund 28/
Corps of
Engineers
-
-
4,976
-
_
_
_
_
_
_
142,771
925
143,696
940,335
_
524,630
30,888
528,723
-
180,882
-
940,335
555,518
528,723
185,859
_
_
4,976
Increase in selected working capital............
2,760
-
Total funds applied to operations..................
2,817
1,982,212
2.416
1,984,628
-
-
-
-
-
-
442
_
1,850,934
-
-
144,164
-
_
898,412
22,513
_
561,098
-
_
533,671
61,250
442
193,548
109
Total funds provided by operations................
_
2,899
139
3,038
1,850,934
144,164
920,924
561,098
594,921
194,099
Net effect of operations on expenditures
(excess of funds applied, or provided (-))
-221
133,694
-468
19,411
-5*581
-66,198
-8,240
118,400
-
-
-
-
-
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
Repayment of loans...........................................
Sale of acquired security or collateral..
Sale of fixed assets.......................................
Sale of securities other than public debt
and issues of wholly owned Government
enterprises......................................................
Other...................................................................
Total realization of assets.........................
Capital stock issued to the public................
Decrease in selected working capital............
_
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
Appropriations enacted...................................
.Borrowings from the U. S. Treasury............
Capital and surplus advances from the
U. S. Treasury................................................
Other.......................................................... .........
-
-
-
-
-
-
-
Total increase in investment of the U. S.
Government........................................................
Increase in other borrowings...........................
Decrease in investment holdings.................
Decrease in selected cash and fund balances
-
118,400
15,294
-
49,411
-
-
-
_
133,694
_
49,411
_
_
_
Total funds provided by financing..................
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
transferred......................................................
Repayment of borrowings from the U. S.
30,000
-
Repayment of capital and surplus advances
from the U. S. Treasury...............................
Distribution of earnings to the U. S.
Treasury............................................................
General and special fund revenues
Other................................... ................................
Total decrease in investment of the U. S.
Decrease in borrowings from the public........
Increase in investment holdings.....................
Increase in selected cash and fund balances
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
_
Total funds applied to financing....................
221
221
Net effect of financing (excess of funds
applied ( - ) , or provided)...............................
-221
Footnotes at end of Section.
-
133,694
_
_
-
30,000
468
468
-468
(Continued on following page)
_
_
_
30,000
5,581
5,581
66,198
66,198
8,240
8,240
19,411
-5,581
-66,198
- 8,240
-
Treasury Bulletin
148
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES-----------------------------Section III - Source and Application of Funds for the Six Months Ended December 31, 1967
Table 3. - Intragovernmental Revolving Funds - (Continued)
(In thousands of dollars)
Defense Department - (Continued)
Navy Departmen+
Account
Stock
fund
Industrial
fund 28/
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
Loans made...........................................................
Cost of security or collateral acquired..
Purchase, construction, or improvement
Purchase of securities other than public
debt and issues of wholly owned Govern
ment enterprises.............................................
Other....................................................................
Health, Education, and Welfare Department
Pnbl i r. Hpalt.h Sprvi
Marine Corps
stock fund
Service and
supply fund
Narcotic
hospitals
Working
capital fund
-
-
-
-
_
_
3
c
Increase in selected working capital............
838,094
_
1,822,02a
_
110,173
42
8,076
813
Total funds applied to operations..................
838,094
1,822,024
110,215
8,892
_
293
_
0
4,158
1,504
4,262
5,693
4,272
_
4,250
-
4,273
221
-
33
-
Total funds provided by operations................
Net effect of operations on expenditures
(excess of funds applied, or provided (-) )
22,724
Decrease in selected working capital............
287
_
30
-
_
811,450
3,920
815,370
Total realization of assets..........................
Capital stock issued to the p u b lic ............
Working
capital fund
SO
-
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
Repayment of loans...........................................
Sale of acquired security or collateral..
Sale of fixed assets.......................................
Sale of securities other than public debt
and issues of wholly owned Government
enterprises.......... *..........................................
Other....................................................................
Working
capital fund
Office of
the Secretary
-
_
Total acquisition of assets..........................
Operating and other expenses (excluding
Office of
the Secretary
Interior
Department
1,775,232
298,568
_
109,792
-
7,622
-
38
353
58
2,073,800
109,792
7,622
449
4,250
4,494
-251,775
423
1,270
-156
1,442
-223
-
-
-
-
_
_
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
Appropriations enacted...................................
Borrowings from the U. S. Treasury............
Capital and surplus advances from the
U. S. Treasury.................................................
Other....................................................................
..
-
30,000
Total increase in investment of the U. S.
Government.........................................................
Increase in other borrowings...........................
Decrease in investment holdings......................
Decrease in selected cash and fund balances
_
_
_
22,724
_
_
_
-
30,000
_
_
-
_
_
_
1,270
_
-
_
_
1,442
_
_
-
22,724
-
30,000
1,270
-
1,442
-
_
_
-
-
-
_
-
_
29,577
_
-
-
Total funds applied to financing....................
-
251,775
29,577
-
_
156
156
-
-
_
251,775
Net effect of financing (excess of funds
applied ( - ) , or provided)...............................
22,724
-251,775
423
1,270
-156
-
L&I
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
Repayment of borrowings from the U. S.
Treasury.............................................................
Repayment of capital and surplus advances
from the U. S. Treasury...............................
Distribution of earnings to the U. S.
Treasury.............................................................
General and special fund revenues
deposited..........................................................
Other....................................................................
Total decrease in investment of the U. S.
Government.........................................................
Decrease in borrowings from the public........
Increase in investment holdings......................
Increase in selected cash and fund balances
Footnotes at end of Section.
_
-
(Continued on following page)
-
_
_
-
223
-
223
1,442
-223
May i968
149
----------- CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES_______
Section III - Source and Application of Funds for the Six Months Ended December 31, 1967
Table 3. - Intragovernmental Revolving Funds - (Continued)
(In thousands of dollars)
Account
Justice
Department
Labor
Department
Federal
Prison
Industries,
Inc.
Office of
the Secretary
Working
capital fund
State
Department
Working
capital
fund
Transportation Department
United States
Coast Guard
Supply
fund
Treasury
Department
Working
capital
fund 10/
Yard
fund
Bureau of
Engraving
and
Printing
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
-
-
-
25
38
93
-
Cost of security or collateral acquired..
Purchase, construction, or improvement
1,394
Purchase of securities other than public
debt and issues of wholly owned Govern
ment enterprises.............................................
Other....................................................................
Total acquisition of assets.........................
Operating and other expenses (excluding
-
-
-
1,394
25
38
22,182
3,704
23,575
2,929
1
2,955
-
-
Total funds applied to operations..................
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
Repayment of loans...........................................
Sale of acquired security or collateral..
Sale of fixed assets.......................................
Sale of securities other than public debt
and issues of wholly owned Government
enterprises......................................................
Other....................................................................
Total realization of assets.................
Capital stock issued to the public.......... .
3
325
_
-
-
-
93
3
325
8,390
4,718
13,202
1,340
3,742
12,182
905
13,088
1,343
17,619
1,637
19,581
-
-
-
-
-
2
2
-
-
-
8,572
-
1,385
722
2
18,507
-
-
-
28,588
2,877
2,761
-
3,788
75
12,269
-
Total funds provided by operations................
31,466
2,764
3,863
12,269
8,572
2,106
18,509
Net effect of operations on expenditures
(excess of funds applied, or provided (-))
-7,890
191
-121
818
4,631
-763
1,072
-
-
-
-
-
-
-
-
191
191
-
4,631
4,631
-
1.072
-
818
818
-
1,072
-
-
—
-
-
-
_
2
-
-
-
-
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
Borrowings from the U. S. Treasury............
Capital and surplus advances from the
U. S. Treasury...............................................
Other................................. .........................
Total increase in investment of the U. S.
Government........................................................
Increase in other borrowings...........................
Decrease in investment holdings......................
Decrease in selected cash and fund balances
Total funds provided by financing..................
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
transferred......................................................
Repayment of borrowings from the U. S.
-
-
Repayment of capital and surplus advances
from the U. S. Treasury........ ......................
Distribution of earnings to the U. S.
General and special fund revenues
—
Other....................................................................
Total decrease in investment of the U. S.
Government........................................................
Decrease in borrowings from the public........
Increase in investment holdings......................
Increase in selected cash and fund balances
7,890
_
121
_
_
763
Total funds applied to financing....................
7,890
_
121
_
_
763 ... _
Net effect of financing (excess of funds
applied ( - ) , or provided)...............................
-7,890
191
-121
Footnotes at end of Section.
-
(Continued on following page)
818
4,631
-763
-
1,072
Treasury Bulletin
150
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE A C T IV IT IE S .___________________
Section III - Source and Application of Funds for the Six Months Ended December 31, 1967
Table 3. - Intragovernmental Revolving Funds - (Continued)
(In thousands of dollars)
General Services Administration
Account
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
Loans made..........................................................
Cost of security or collateral acquired..
Purchase, construction, or improvement
of fixed asset's...............................................
Purchase of securities other than public
debt and issues of wholly owned Govern
ment enterprises.............................................
Other....................................................................
Total acquisition of assets.........................
Operating and other expenses (excluding
depreciation)......................................................
Increase in selected working capital............
Total funds applied to operations..................
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
Repayment of loans...........................................
Sale of acquired security or collateral..
Sale of fixed assets.......................................
Sale of securities other than public debt
and issues of wholly owned Government
enterprises......................................................
Other....................................................................
Automatic
data
processing
fund 10/
_
_
_
_
-
610
_
-
7,408
3
61
_
610
7,408
3
61
7
6
-
212,958
5,947
9,210
1,936
442,526
25,768
47,483
3,042
45
59,396
6,079
2,380
-
-
-
219,515
11,14 6
475,702
49 , 866
3 , 147
59,403
6,085
-
-
-
-
-
576
44
-
-
21
16,775
-
17,350
44
-
6,277
-
-
211,818
21
-
-
Investi
gations
7
-
-
-
8,^21
448,326
48,208
54,912
-
-
-
-
3,191
-
2,852
211
-
211,839
8,721
465,676
48,252
3,191
57,763
6,488
-
7,676
2,424
10 , 02.6
1,614
-4 4
1,639
-40 4
10,000
-
-
-
-
-
-
-
-
71
-
-
-
-
10,000
-
-
71
-
-
-
15,415
-
-
-
7,956
2,424
-
1,617
-
1,711
381
10,000
7,956
2,424
15,487
1,617
-
1,711
381
-
-
5,461
280
-
-
-
-
280
-
5,461
3
-
-
5,461
10,026
_
_
_
_
-
_
-
Total funds applied to financing....................
280
-
Net effect of financing (excess of funds
applied (-) , or provided)...............................
-
7,676
2,424
784
5
-
10,000
10,000
Footnotes at end of Section.
■
-
Supply
fund
_
Net effect of operations on expenditures
(excess of funds applied, or provided (-) )
Total decrease in investment of the U. S.
Government........................................................
Decrease in borrowings from the public........
Increase in investment holdings.....................
Increase in selected cash and fund balances
-
Working
capital
fund
Civil
Service
Commission
_
Total funds provided by operations................
Total funds provided by financing..................
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
transferred......................................................
Repayment of borrowings from the U. S.
Treasury............................................................
Repayment of capital and surplus advances
from the U. S. Treasury...............................
Distribution of earnings to the U. S.
Treasury............................................................
General and special fund revenues
deposited..........................................................
Other....................................................................
General
supply
fund
Veterans1
Adminis
tration
_
_
Total realization of assets.........................
Capital stock issued to the public................
Income......................................................................
Decrease in selected working capital............
Total increase in investment of the U. S.
Government........................................................
Increase in other borrowings...........................
Decrease in investment holdings......................
Decrease in selected cash and fund balances
Federal
telecom
munications
fund
_
-
-
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
Appropriations enacted...................................
Borrowings from the U. S. Treasury............
Capital and surplus advances from the
U. S. Treasury.................................................
Other....................................................................
Buildings
management
fund
Construction
services,
public
buildings
"
71
-
71
784
-
-
-
-
3
44
44
71
784
1,614
-4 4
1,639
-404
May 1968
151
____________________CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section III - Source and Application of Funds for the Six Months Ended December 31, 1967
Table 4. - Certain Other Activities
(In thousands of dollars)
Agency f o r I n t e r n a t io n a l
ueveiopm enL
Account
F o re ig n
c u rre n c y lo a n s
T o ta l
1/
P r iv a t e
e n t e r p r is e s 31/
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
Loans made.........................................................
Cost of security or collateral acquired..
Purchase, construction, or improvement
of fixed assets............................... .
Purchase of securities other than public
debt and issues of wholly owned Govern-
317,217
14,592.
U.S. d o l l a r
and f o r e ig n
c u rre n c y
lo a n s
70,492
64,791
A g r ic u lt u r e Departm ent
Commerce
Departm ent
F a rm e rs '
Home
A d m in is tra
t i o n 32/
R u ra l
E le c t r if ic a
t i o n A d m in is
tra tio n
135
235,382
99
35
M a ritim e
A dm ini s t r a t i o n
In t e r io r
Departm ent
B o n n e v ille
Power
A d m in is
tra tio n
63,378
20,000
32,480
392
-
-
-
30,082
-
434,488
14,984
70,492
234
235,417
30,082
63,378
271,528
160.516
2,759
43,661
1,371
121,545
21,972
_
10,385
158,617
50,899
Increase in selected working capital............
-
-
Total funds applied to operations................
866,531
17,743
239,493
4 5,265
286,316
151,627
232,926
7,515
35,059
46
84,887
2,418
Other....................................................................
Total acquisition of assets.........................
Operating and other expenses (excluding
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
Repayment of loans...........................................
Sale of acquired security or collateral..
Sale of fixed assets.......................................
Sale of securities other than public debt
and issues of wholly owned Government
enterprises......................................................
Other....................................................................
2
6,973
85,350
6,971
13,895
-
-
-
-
-
18
Total realization of assets.......................
Capital stock issued to the public................
Income......................................................................
Decrease in selected working capital............
253,795
7,515
48
84,887
9,390
18
-
35,059
-
-
-
-
-
521,024
553,348
5,985
83,093
70
2,826
24,910
20,246
_
46,12.9
2,862
3,679
16,810
Total funds provided by operations................
1 ., 328,166
33,745
118 , 152.
117
133,878
15,895
41,739
Net effect of operations on expenditures
(excess of funds applied, or provided (-))
-461,635
45,148
152,438
135,732
43,611
12,457
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
Appropriations enacted...................................
Borrowings from the U. S. Treasury............
Capital and surplus advances from the
U. S. Treasury.................................................
Other....................................................................
Total increase in investment of the U. S.
Government........................................................
Increase in other borrowings...........................
Decrease in investment holdings.....................
Decrease in selected cash and fund balances
_
- 16,002 47/
121,341 48/
-
374,917
129,000
-
168,000
-
-
46 ,565
-
-
-
8,497
216,929
104,309
180,457
61,192
-
1 ,311,405
-
216,929
1 ., 025,678
168,000
-
56,534
-
1 , 250,212
_
170,364
_
_
-
104,309
374,917
137,497
-
-
61,192
-
-
104,309
241 , 649
374,917
137,497
13,899
48,203
48,209
-
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
Repayment of borrowings from the U. S.
Treasury............................................................
Repayment of capital and surplus advances
5
100,102
89, 211
10,890
Distribution of earnings to the U. S.
554,289
General and special fund revenues
deposited..........................................................
Other................................... ................................
Total decrease in investment of the U. S.
Decrease in borrowings from the public........
Increase in investment holdings......................
Increase in selected cash and fund balances
Total funds applied to financing........ ...........
86
291,009
10 ’ 875
11,454 18/
4,548
78,219 38/
3,799
1,017
-
956,281
16,002
92,907
1,103
39,211
13,899
-
-
-
-
2,680
53,059
-
-
816,759
-
225,286
45,677
1 ,773,040
16,002
95,587
59,162
89 , 211
239,185
93,886
45,143
152,438
135,732
43,611
-
Net effect of financing (excess of funds
-46 1,63 5
Footnotes at end of Section.
- 16,002 47/
121,341 48/
(Continued on following page)
-
Treasury Bulletin
152
___________________ CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES____________________
Section III - Source and Application of Funds for the Six Months Ended December 31, 1967
Table 4. - Certain Other Activities - (Continued)
(In thousands of dollars)
I n t e r i o r D epartm ent - (C o n tin u e d )
A cco u n t
S o u th e a s te rn
Power
A d m in is
tra tio n
Sou thw estern
Power
A d m in is
tra tio n
T r e a s u r y D epartm ent
M is c e lla n e o u s
lo a n s and
c e r t a in o th e r
a s s e ts
C i v i l d efen se
and Recon
s tr u c t io n
F in a n ce C orpo
r a t i o n lo a n s
in l i q u i d a t i o n
In te rs ta te
Commerce
Comm ission
Payment
of loan
guaranties
FUNDS APPLIED TO OPERATIONS
A c q u is itio n o f a s s e t s :
Loans m ade....................................................
C ost o f s e c u r i t y o r c o l l a t e r a l a c q u i r e d ..
P u r c h a s e , c o n s t r u c t i o n , o r im provem ent
o f f i x e d a s s e t ' s ............................................................
P u rc h a se o f s e c u r i t i e s o t h e r t h a n p u b l ic
d e b t and i s s u e s o f w h o lly owned Govern
m ent e n t e r p r i s e s ........................................................
O th e r ......................... ............................................................
T o t a l a c q u i s i t i o n o f a s s e t s ................................
O p e r a tin g and o t h e r e x p e n s e s ( e x c lu d in g
d e p r e c i a t i o n ) .....................................................................
I n c r e a s e i n s e l e c t e d w o rk in g c a p i t a l ...............
T o t a l fu n d s a p p l ie d t o o p e r a t i o n s .......................
-3 ,3 8 5
1,280
_
6
20,000
2,000
_
1,285
18,615
1,752
-
7,581
437
1,752
9,303
FUNDS PROVIDED BY OPERATIONS
R e a liz a tio n o f a s s e t s :
Repaym ent o f l o a n s .......................................................
S a le o f a c q u ir e d s e c u r i t y o r c o l l a t e r a l . .
S a le o f f i x e d a s s e t s ..................................................
S a le o f s e c u r i t i e s o t h e r th a n p u b l ic d eb t
and i s s u e s o f w h o l ly owned Governm ent
e n t e r p r i s e s .....................................................................
O th e r ......................................................................................
-
T o t a l r e a l i z a t i o n o f a s s e t s ................................
C a p i t a l s t o c k i s s u e d t o t h e p u b l i c ....................
In com e.........................................................................................
D e c r e a s e i n s e l e c t e d w o rk in g c a p i t a l ...............
_
13,669
2,682
T o t a l fu n d s p r o v id e d b y o p e r a t i o n s ....................
N et e f f e c t o f o p e r a t i o n s on e x p e n d it u r e s
( e x c e s s o f fu n d s a p p l i e d , o r p r o v id e d ( - ) )
-
-
10,975
_
_
-
92
-
29,590
92
-
102,618
21
362
-
-
-
13,877
-
-
14,771
-
116,495
329,461
507,068
21
110
-
362
-
16,351
14,771
953,024
131
362
-1 4 ,6 0 0
-5 ,4 6 8
-9 2 3 ,4 3 4
-3 9
-362
850
9,620
224,160
1,472
-
-
2,322
-
9,620
-
224,160
-
-
-
-
-
-
2,322
9,620
224,160
-
-
-
FUNDS PROVIDED BY FINANCING
I n c r e a s e i n in v e s tm e n t o f t h e U. S .
Governm ent:
A p p r o p r ia tio n s e n a c t e d .............................................
B orro w in g s from t h e U . S . T r e a s u r y ...............
C a p i t a l and s u r p lu s a d v a n c e s from t h e
U . S . T r e a s u r y ..............................................................
O th e r ............................................................................... ..
T o t a l in c r e a s e i n in v e s t m e n t o f t h e U. S .
G overnm ent........................................................................
I n c r e a s e i n o t h e r b o r r o w in g s ...................................
D e c r e a s e i n in v e s t m e n t h o l d i n g s ............................
D e c r e a s e i n s e l e c t e d c a s h and fu n d b a la n c e s
T o t a l fu n d s p r o v id e d b y f i n a n c i n g ..................
FUNDS APPLIED TO FINANCING
D e c r e a se i n in v e s tm e n t o f t h e U. S .
Government:
A p p r o p r ia tio n s la p s e d , r e s c i n d e d , o r
t r a n s f e r r e d .......................................................
Repayment o f b o r r o w in g s from t h e U . S .
T r e a su r y .............................................................
Repayment o f c a p i t a l and s u r p lu s a d v a n c e s
from t h e U . S . T r e a s u r y ...............................
D i s t r i b u t i o n o f e a r n in g s t o t h e U. S .
T r e a s u r y ...........................................................
G e n e r a l and s p e c i a l fu n d r e v e n u e s
d e p o s i t e d ...........................................................
O th e r ....................................................................
-
554,289
362
14,866
1,472
9,425
114,495
-
-
39
-
T o t a l d e c r e a s e i n in v e s tm e n t o f t h e U . S .
G overnm ent .......................................................
D e c r e a s e i n b o r r o w in g s from t h e p u b l i c ........
I n c r e a s e i n in v e s tm e n t h o l d i n g s ......................
I n c r e a s e i n s e l e c t e d c a s h and fu n d b a la n c e s
16,338
-
9,425
668,784
39
362
-
-
-
534
5,663
478,810
-
T o t a l fu n d s a p p l ie d t o f i n a n c i n g ....................
16,922
15,089
1,147,594
39
362
N et e f f e c t o f f i n a n c i n g ( e x c e s s o f fu n d s
a p p l ie d ( - ) , o r p r o v id e d ) ...............................
-1 4 ,6 0 0
-5 ,4 6 3
-9 2 3 ,4 3 4
-3 9
-362
Footnotes at end of Section.
May 1968
153
rORPORATTONS AND CERTAIN OTHER BUSINESS-TYPE A C T IV IT IE S _______
Section III - Source and Application of Funds for the Six Months Ended December 31, 1967
Table 5. - Certain Trust Revolving Funds
(In thousands of dollars)
Account
T o ta l
Ik/
Defense
D epartm ent
H ou sing and Urban
D evelopm ent D epartm ent
Army
Departm ent
F e d e ra l N a tio n a l
U n ite d S ta te s
S o l d i e r s ' Home
r e v o l v i n g fu n d
FUNDS APPLIED TO OPERATIONS
Acquisition of assets:
Loans made..........................................................
Cost of security or collateral acquired..
Purchase, construction, or improvement
of fixed asset's..............................................
Purchase of securities other than public
debt and issues of wholly owned Govern
ment enterprises............................................
Other....................................................................
Total acquisition of assets.........................
Operating and other expenses (excluding
depreciation)......................................................
Increase in selected working capital............
Total funds applied to operations..................
FUNDS PROVIDED BY OPERATIONS
Realization of assets:
Repayment of loans...........................................
Sale of acquired security or collateral..
Sale of fixed assets.......................................
Sale of securities other than public debt
and issues of wholly owned Government
enterprises......................................................
Other...................................................................
5,454,978
nt.i nn
P a r t ic ip a t io n
s a le s t r u s t
fund
N a tio n a l
A rc h iv e s
t r u s t fu n d
C iv il
S e rv ic e
Com m ission
E m p loyees'
h e a lth
b e n e f it s
fu n d
1,0 37,5 48
353
326,280
9,281
_
-
4,665
-
1,037,548
4,665
15
-3 6 5,42 0
1,173,943
68
141,905
155
-
-
375
30
334,398
-
6,5 99,4 15
68
1,179,453
4,820
420
334,398
-
-
5,790,893
4,4 7 9 ,5 4 2
-
139,664
298,150
1,250
-
_
69
1
139,664
10,800
146,228
13,893
4,820
189,889
472
-
349,235
12,715
5,922,513
70
310,585
194,709
472
361,950
676,902
-1
868,868
-18 9,889
-5 1
-2 7 ,5 5 2
Total realization of assets.........................
Capital stock issued to the public................
Income......................................................................
Decrease in selected working capital............
4 ,7 78,9 42
15,735
904,887
222,948
Total funds provided by operations................
Net effect of operations on expenditures
(excess of funds applied, or provided (-))
FUNDS PROVIDED BY FINANCING
Increase in investment of the U. S.
Government:
Appropriat ions enact ed...................................
Borrowings from the U. S. Treasury............
Capital and surplus advances from the
U. S. Treasury................................................
Other...................................................................
Mnrt.crncfp
S econdary
m arket
o p e r a tio n s
G e n e ra l
S e rv ic e s
A d m in is t r a t io n
_
-
-
1,241,540
1,241,540
3,000
-
Total increase in investment of the U. S.
Government........................................................
Increase in other borrowings...........................
Decrease in investment holdings.....................
Decrease in selected cash and fund balances
1,244,540
6,750,072
105,719
22,130
Total funds provided by financing..................
8,1 22,4 61
FUNDS APPLIED TO FINANCING
Decrease in investment of the U. S.
Government:
Appropriations lapsed, rescinded, or
transferred......................................................
Repayment of borrowings from the U. S.
Treasury............................................................
Repayment of capital and surplus advances
from the U. S. Treasury...............................
Distribution of earnings to the U. S.
Treasury............................................................
General and special fund revenues
deposited..........................................................
Other...................................................................
1,204,770
-
-
-
-
-
-
1,241,540
2,6 99,8 30
105,719
-
-
-
4
-
3,059
4
3,9 41,3 70
105,719
-
3,059
-
-
1,204,770
~
5
5
-
-
Total decrease in investment of the U. S.
Government........................................................
Decrease in borrowings from the public........
Increase in investment holdings.....................
Increase in selected cash and fund balances
1,204,775
5,800,345
425,592
14,847
5
-
1,204,770
1,859,830
-
7,902
295,571
37
51
Total funds applied to financing....................
7,4 45,5 59
5
3 ,0 72,5 02
295,608
51
30,611
30,611
Net effect of financing (excess of funds
applied (-) , or provided)...............................
676,902
868,868
-1 8 9,88 9
-5 1
-2 7 ,5 5 2
Footnotes at end of Section,
-1
(Continued on following page)
Treasury Bulletin
154
______ CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES______
Section III - Source and Application o f Funds for the Six Months Ended December 31, 1967
Table 5. - Certain Trust R evolving Funds - (Continued)
(I n th o u s a n d s o f d o l l a r s )
C i v i l S e rv ic e Comm ission C o n tin u e d ;
A ccou n t
E m p loyees'
life
in s u ra n c e
fun d
R e t ir e d
em p loyee s'
h e a lth
b e n e f it s
fun d
Farm C r e d it A d m in is t r a t io n
Banks
fo r
c o o p e ra t iv e s
i y
F e d e ra l
in te r m e d ia te
c r e d it
banks 35/
F e d e ra l
Com m unications
Comm ission
I n t e r n a t io n a l
te le c o m m u n ic a tio n
s e ttle m e n ts
F e d e ra l
D e p o s it
In s u ra n c e
C o rp o r a tio n
25/
FUNDS APPLIED TO OPERATIONS
A c q u is itio n o f a s s e t s :
L oans m ade..........................................................................
C ost o f s e c u r i t y o r c o l l a t e r a l a c q u i r e d ..
P u r c h a s e , c o n s t r u c t i o n , o r im provem ent
o f f i x e d a s s e t s ...........................................................
P u rc h a se o f s e c u r i t i e s o t h e r th a n p u b l ic
d e b t and i s s u e s o f w h o lly owned Govern
ment e n t e r p r i s e s .........................................................
O th e r ......................................................................................
971,008
3,446,370
258
80
54,225
963
-
3,629
3,681
T o t a l a c q u i s i t i o n o f a s s e t s ................................
O p e r a tin g and o t h e r e x p e n s e s ( e x c lu d in g
d e p r e c i a t i o n ) .....................................................................
I n c r e a s e i n s e l e c t e d w o rk in g c a p i t a l ...............
-
-
1,026,454
272,055
24
3,718,530
-98 6 ,4 3 8
1,0 81,2 77
8,896
-
32,086
13,326
89,685
15,333
268
-
13,182
63,976
T o t a l fu n d s a p p l ie d t o o p e r a t i o n s .......................
94,840
8,896
1,071,866
3,8 23,5 47
268
80,839
759,905
3,5 79,7 40
FUNDS PROVIDED BY OPERATIONS
R e a liz a tio n o f a s s e t s :
Repayment o f l o a n s .......................................................
S a le o f a c q u ir e d s e c u r i t y o r c o l l a t e r a l . .
S a le o f f i x e d a s s e t s ..................................................
S a le o f s e c u r i t i e s o t h e r th a n p u b l ic d e b t
and i s s u e s o f w h o lly owned Government
e n t e r p r i s e s .....................................................................
O th e r ......................................................................................
233
-
-
-
-
49,325
-
248,825
3,828,565
105,713
-
-
1,250
-
268
47
1, 48^
135,296
-
3,9 34,2 78
315
136,779
216,564
-1 1 0 ,7 3 0
-4 7
-5 5 ,9 4 0
-
3,000
-
-
-
-
16,685
1,286
3,000
1,732,092
-
2,318,150
-
-
-
1,097.
T o t a l fu n d s p r o v id e d b y f i n a n c i n g .......................
16,685
1,286
1,735,092
2,318,150
-
1,097
FUNDS APPLIED TO FINANCING
D e c r e a se i n In v e stm e n t o f t h e U. S .
G overnm ent:
A p p r o p r ia tio n s l a p s e d , r e s c i n d e d , o r
t r a n s f e r r e d .....................................................................
Repayment o f b o r r o w in g s from t h e U. S .
T r e a s u r y .............................................................................
Repayment o f c a p i t a l and s u r p lu s a d v a n c e s
from t h e U. S . T r e a s u r y ........................................
D i s t r i b u t i o n o f e a r n in g s t o t h e U. S .
T r e a su r y .............................................................................
G e n e r a l and s p e c i a l fu n d r e v e n u e s
d e p o s i t e d ..........................................................................
O th e r .......................................................................................
-
-
-
-
-
-
_
1,514,220
84
4 ,224
2,426,295
2,585
47
57,037
T o t a l r e a l i z a t i o n o f a s s e t s ................................
C a p i t a l s t o c k is s u e d t o t h e p u b l i c ....................
In com e.........................................................................................
D e c r e a s e i n s e l e c t e d w o rk in g c a p i t a l ...............
_
_
_
112,662
-
8,989
6,403
809, 230
4,936
41,136
-
T o t a l fu n d s p r o v id e d b y o p e r a t i o n s ....................
112,662
15,392
855,302
N et e f f e c t o f o p e r a t i o n s on e x p e n d it u r e s
( e x c e s s o f fu n d s a p p l i e d , o r p r o v id e d ( - ) )
-1 7 ,8 2 3
-6 ,4 9 6
-
T o t a l i n c r e a s e i n in v e s tm e n t o f t h e U. S .
G overnm ent........................................................................
I n c r e a s e i n o t h e r b o r r o w in g s ...................................
D e c r e a se i n in v e s tm e n t h o l d i n g s ............................
D e c r e a se i n s e l e c t e d c a s h and fu n d b a la n c e s
FUNDS PROVIDED BY FINANCING
I n c r e a s e i n in v e s tm e n t o f t h e U. S .
Governm ent:
A p p r o p r ia t io n s ena c t e d .............................................
B orrow in gs from t h e U. S . T r e a s u r y ...............
C a p i t a l and s u r p lu s a d v a n c e s from t h e
U. S . T r e a s u r y ..............................................................
O th e r ......................................................................................
-
T o t a l d e c r e a s e i n in v e s tm e n t o f t h e U. S .
G overnm ent........................................................................
D e c r e a se i n b o r r o w in g s from t h e p u b l i c ...........
I n c r e a s e i n in v e s tm e n t h o l d i n g s ............................
I n c r e a s e i n s e l e c t e d c a s h and fu n d b a la n c e s
34,508
-
7,782
-
T o t a l fu n d s a p p l ie d t o f i n a n c i n g .........................
34,508
7,782
1,518,52.8
2,428,880
47
57,037
N et e f f e c t o f f i n a n c i n g ( e x c e s s o f fu n d s
a p p l ie d ( - ) , o r p r o v id e d ) ........................................
-1 7 ,8 2 3
-6 ,4 9 6
216,564
-11 0,73 0
-4 7
-5 5 ,9 4 0
Footnotes at end of Section.
-
~
May 1968
155
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Footnotes to Sections II and III
1/
2/
2/
lj
5/
6/
7/
8/
2/
10/
11/
12/
13/
14/
15/
16/
17/
18/
19/
20/
21/
22/
S tatem en ts o f income and expense and o f s o u rce and a p p lic a t io n o f
fun d s a re n o t y e t in c lu d e d f o r c e r t a in a c t i v i t i e s f o r w h ich s t a t e
ments o f f i n a n c i a l c o n d it io n have been p u b lis h e d i n S e c tio n I , i n
th e A p r i l 1968 B u l l e t i n .
R ep re se n ts i n t e r e s t expense on a p p r o p r ia t io n s made t o th e fu n d .
T h is amount r e f l e c t s changes i n tre a tm e n t acc orde d c o ll e c t i o n s o f
i n t e r e s t as d e p o s it s t o g e n e ra l and s p e c ia l accou n ts in s t e a d o f
b e in g n e tte d a g a in s t accum ulated n e t income o r d e f i c i t .
In c lu d e s o p e r a tin g and a d m in is t r a t iv e expenses fu n d s .
In c lu d e s i n t e r e s t expense o f $2,062 tho usan d on c a p i t a l s to c k .
R ep re se n ts r e s t o r a t i o n o f c a p i t a l b y th e U n ite d S ta te s T r e a s u r y (n e t
a f t e r t r a n s f e r o f $275 tho usan d t o th e A g r i c u l t u r a l R esea rch S e r v
i c e ) t o p a r t i a l l y re im b u rse th e C o rp o r a tio n f o r n e t r e a l iz e d lo s s e s
s u s ta in e d b u t n o t p r e v i o u s ly re im b u rse d as p ro v id e d b y an a c t
ap prove d O c to b e r 24, 1967 (81 S t a t . 3 3 3 ).
O f f ic e o f C i v i l D e fe n s e , c i v i l d efen se p ro curem en t fu n d , shown under
t h i s h e a d in g on page 112 o f th e A p r i l 1968 B u l l e t i n , d id n o t have
a ny income o r expense o r an y fu n d s a p p lie d o r p ro v id e d d u rin g the
f i r s t s i x months o f th e f i s c a l y e a r 1968.
R ep re se n ts acc rue d i n t e r e s t on lo a n s o u ts ta n d in g to be p a id i n t o
m is c e lla n e o u s r e c e ip t s o f th e U n ite d S ta te s T re a s u r y D ep a rtm e n t.
The s tu d e n t lo a n in s u ra n c e fu n d , shown u n d er t h i s he a d in g on page
112 o f th e A p r i l 1968 B u l l e t i n , d id n o t have any income o r expense
o r a n y fu n d s a p p lie d o r p ro v id e d d u rin g the f i r s t s i x m onths o f the
f i s c a l y e a r 1968.
In c lu d e d b e g in n in g December 31, 1967.
R ep re se n ts i n t e r e s t expense on p u b lic d ebt b o rro w in g s from the U n ite d
S ta te s T re a s u r y D epartm ent and on a p p r o p r ia t io n s and o th e r c a p i t a l .
R e p re se n ts th e fu n d Known as "Advances t o employment s e c u r i t y adm in
i s t r a t i o n a c c o u n t, unemployment t r u s t fu n d ."
F ig u re s i n t h i s column a re as o f J a n u a ry 12, 1968.
R e p re se n ts i n t e r e s t expense on a p p r o p r ia t io n s a llo c a t e d t o power and
t o m u n ic ip a l and i n d u s t r i a l w a te r s u p p ly c o n s t r u c t io n .
In c lu d e s un re im b u rse d c o s ts o f $18,954 tho usan d p e rfo rm e d b y o th e r
a g e n c ie s .
Expenses in c lu d e c o s ts a p p lic a b le t o p o s t a l o p e r a tio n s p a id f o r b y
o th e r Governm ent ag e n c ie s f o r unemployment co m pensation f o r p o s t a l
em p loyee s, and c e r t a in c u s t o d ia l and m aintenance c o s ts o f p u b lic
b u i l d i n g s . Expenses a ls o in c lu d e c e r t a in n o n p o s ta l s e r v ic e s re n d e re d
t o o th e r a ge nc ies w it h o u t reim bursem ent and o th e r p u b lic s e r v ic e
c o s ts and lo s s e s , w h ich , un d er th e p r o v i s i o n s o f an a c t ap prove d
O c to b e r 11, 1962 (39 U .S .C . 2303 ( b ) ) , a re t o be e xc lu d e d i n a d ju s t
in g p o s t a l r a t e s and f e e s .
The o p e r a tin g d e f i c i t as o f Jun e 30, .1967, has been com bined w ith
o th e r item s r e p re s e n tin g e q u it y o f th e U n ite d S ta te s Governm ent, and
i s in c lu d e d w it h th e n e t in ve s tm e n t a t th e b e g in n in g o f th e f i s c a l
y e a r 1968.
The F e d e ra l Farm M ortgage C o rp o r a tio n l i q u i d a t i o n fu n d , shown un d er
t h i s he a d in g on page 117 o f th e A p r i l 1968 B u l l e t i n , d id n o t have
a n y income o r expense d u rin g th e f i r s t s i x months o f th e f i s c a l y e a r
1968.
T h is fu n d has been r e c l a s s i f i e d as a g e n e ra l fu n d , e f f e c t i v e J u l y 1,
1967.
The accum ulated n e t income o r d e f i c i t i s in c lu d e d w it h th e e q u i t y o f
th e U n ite d S ta te s Governm ent and cannot be s e g re g a te d .
The s h o r t -t e r m c r e d i t in ve s tm e n t fu n d and th e banks f o r c o o p e ra t iv e s
in ve s tm e n t fu n d , shown u n d er t h i s h e a d in g on page 120 o f th e A p r i l
1968 B u l l e t i n , d id n o t have an y income o r expense d u rin g th e f i r s t
s i x months o f th e f i s c a l y e a r 1968.
Home O w ners' Loan C o rp o r a tio n ( l i q u i d a t e d ) , shown u n d er t h i s h ea d in g
on page 120 o f th e A p r i l 1968 B u l l e t i n , d id n o t have an y income o r
expense d u rin g th e f i r s t s i x months o f th e f i s c a l y e a r 1968.
23/
24/
25/
26/
27/
28/
29/
30/
31/
32/
33/
34/
35/
36/
37/
38/
39/
40/
41/
42/
43/
44/
45/
46/
47/
48/
r
*
R e p re se n ts i n t e r e s t on th e n e t d i r e c t in ve s tm e n t o f th e U n ite d S ta te s
Governm ent i n t h i s C o r p o r a t io n .
In c lu d e s $711 tho usa n d r e p re s e n tin g gu a ra n tee and in s u ra n c e c la im s
p a id .
In c lu d e s i n t e r e s t on fun d s advanced t o th e A d m in is t r a t io n b y a p p ro
p ria tio n s .
R e p re se n ts n e t income o f $29,463 tho usa n d from pow er o p e r a t io n s , and
n e t lo s s o f $12,504 tho u san d from n o n in c o m e -p ro d u c in g program s
d u rin g th e f i r s t s i x months o f th e f i s c a l y e a r 1968.
In c lu d e s th e F e d e ra l Com m unications A g e n c y.
E x c lu d e s unfunded c o s ts c o n s is t in g o f d e p r e c ia t io n on p la n t s and
equ ip m en t, m i l i t a r y p e r s o n n e l, and o th e r c o s ts as f o ll o w s :
D efense
a g e n c ie s , $2,612 th o u sa n d ; A i r F o rc e , $229,723 th o u sa n d ; Arm y,
$52,487 th o u sa n d ; and N avy, $80,389 th o u sa n d .
In c lu d e s c o n t r a c t u a l s e r v ic e s and o th e r c o s t s .
The a u to m a tic d a ta p ro c e s s in g fu n d , shown on page 126 o f th e A p r i l
1968 B u l l e t i n , d id n o t have a n y income o r expense d u rin g th e f i r s t
s i x months o f th e f i s c a l y e a r 1968.
R e p re se n ts th e C o o le y lo a n program e s t a b lis h e d p u rs u a n t t o th e A g r i
c u l t u r a l T rad e D evelopm ent and A s s is ta n c e A c t o f 1954, as amended
(7 U .S .C . 1704 ( c ) ) .
R e p re se n ts o th e r lo a n s , s a l a r i e s , and exp e n se s.
R e p re se n ts g ro s s re ve n u e s o f $50,977 tho usa n d le s s c u r r e n t y e a r
re ve n u e s o f $29,500 tho u san d t r a n s f e r r e d t o A s s o c ia te d P r o j e c t s .
C e r t a in a c t i v i t i e s a re in c lu d e d i n t h i s S e c tio n o n ly on a f i s c a l
y e a r b a s is a t th e p re s e n t tim e .
T h is fu n d has been r e c l a s s i f i e d from a d e p o s it fu n d t o a t r u s t
r e v o l v i n g fu n d .
E x c lu d e s noncash t r a n s a c t io n s am ounting t o $151,488 tho u sa n d r e p r e
s e n tin g lo a n s exchanged f o r c o m m o d itie s .
The n e t e f f e c t o f o p e ra tio n s on e x p e n d itu re s and n e t e f f e c t o f
fin a n c in g , e x c lu s iv e o f f o r e ig n c u r r e n c y t r a n s a c t io n s , amounted t o
-$952 th o u sa n d .
C o n s is ts o f p r i n c i p a l and i n t e r e s t c o ll e c t i o n s d e p o s ite d i n t o th e
T r e a s u r y D ep a rtm e nt.
In c lu d e s s a le s o f lo a n s .
R e p re se n ts s a le s o f p a r t i c i p a t i o n c e r t i f i c a t e s .
R e p re se n ts t r a n s f e r s o f p r i n c i p a l c o ll e c t i o n s on p le d g e d lo a n s t o
th e F e d e ra l N a tio n a l M ortgage A s s o c ia t io n t r u s t e e a c c o u n ts , n e t o f
a n y re d e m p tio n s o f p a r t i c i p a t i o n c e r t i f i c a t e s b y th e t r u s t e e .
R e p re se n ts re d e m p tio n s o f p a r t i c i p a t i o n c e r t i f i c a t e s b y th e t r u s t e e .
L iq u id a t io n o f c e r t a in R e c o n s tru c tio n F in a n ce C o rp o r a tio n a s s e ts ,
shown u n d er t h i s h e a d in g on page 119 o f th e A p r i l 1968 B u l l e t i n ,
d id n o t have a n y fun d s a p p lie d o r p ro v id e d d u rin g th e f i r s t s i x
months o f th e f i s c a l y e a r 1968.
R e p re se n ts re d e m p tio n s o f p a r t i c i p a t i o n c e r t i f i c a t e s , in c lu d in g non
cash tr a n s a c t io n s o f $3,500 th o u sa n d .
The le a s e g u a ra n te e s r e v o l v i n g fu n d , shown u n d er t h i s h ea d in g on
page 121 o f th e A p r i l 1968 B u l l e t i n , d id n o t have an y fu n d s a p p lie d
o r p ro v id e d d u rin g th e f i r s t s i x m onths o f th e f i s c a l y e a r 1968.
R ep re se n ts u n o b lig a t e d fu n d s t r a n s f e r r e d from th e A i r F o rc e s to c k
fu n d .
R ep re se n ts U n ite d S ta te s d o l l a r e q u iv a le n t s o f f o r e ig n c u r r e n c y
t r a n s a c t io n s .
In c lu d e s U n ite d S ta te s d o l l a r e q u iv a le n t s o f f o r e ig n c u r r e n c y t r a n s
a c t io n s .
R e v is e d .
Le ss th a n $500.
Treasury Bulletin
156
--------
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES__________________
Section IV - Par t ic ip a tio n Certificates
(In millions of dollars - face amounts)
Participation certificates issued by FNMA acting as trustee
Total
participation
certificates
Fiscal year
or month
Export-Import Bank
of the United States
Sales
Retire
ments
Out
standing
Sales
1962.........................
1963.........................
1964.........................
1965.........................
1966.........................
1967.........................
300
250
373
750
2,601
4,311
_
30
66
255
428
831
300
520
827
1,322
3,495
6,976
300
250
373
450
761
1,4112/
1967-April..............
May..................
June................
900
400
900
20
241
70
5,987
6,146
6,976
July................
August............
September.. . .
October..........
November........
December........
10
1,010
6,938
6,910
6,843
6,831
6,716
7,701
1968-January..........
February........
March..............
April..............
1,250
50
1,000
38
39
67
12
115
25
8
161
143
31
Fiscal 1968
to date..................
3,320
588
-
Retire
ments
Out
standing
_
30
66
255
398
650 1 /
300
520
827
1,022
1,385
2,146
241
-
1,987
2,146
2,146
Retire Out
ments
standing
Sales
Sales
Retire
ments
Health, Education,
and Welfare 2/
Out
standing
Sales
_
-
_
_
_
_
_
_
-
-
-
-
-
-
-
-
-
100
-
600
600
600
600
600
775
1,000
1,000
1,000
1,125
15
25
_
25
30
_
45
_
-
155
155
155
200
1,125
100
~
200
-
300
1,840
2,900
900
900
1,000
30
180
300
2,110
4,830
600
20
70
4,000
4,000
4,830
4,795
4,795
4,795
4,795
4,765
5,740
220
210
175
6,990
6,990
6,990
7,97C
125
7,970
525
8,943
8,832
8 ,689r
9,658
3
39
67
12
85
8
161
14-3
11
1,953
1,842
1,699
1,688
1,000
35
30
25
_
20
9,658
70
529
1,688
3,250
110
1,250
-
225
-
600
390
390
600
_
-
-
Participation certificates issued by FNMA acting as trustee - (continued)
Office of Secretary
Sales
1962..
1963..
1964..
1965..
1966..
1967..
_
680
1967-Apri l
May............
June..........
265
July..........
August.. . .
September.
October...
November..
December..
1968-January—
February..
March........
April........
265
400
Retire
ments
Lj
Out
standing
Federal National
Mortgage Association j5/
Sales
_
-
_
680
_
200
605
740
_
-
415
415
680
150
-
530
_
_
_
210
-
680
680
680
680
680
1,080
1,610
1,610
1,610
1,820
Retire
ments
Out
standing
_
20
50
_
200
785
1,475
8
1,350
1,350
1,475
_
125
_
_
17
_
_
_
_
20
5
125
215
1,459
1,459
1,459
1,459
1,439
1,559
1,774
1,774
1,774
1,891
_
_
-
125
-
8
Veterans
Administration 7/
Small Business
Administration 6/
Retire
ments
Sales
_
_
-
-
350
520
-
70
175
_
190
_
_
-
_
70
_
_
_
_
_
_
_
100
-
_
_
-
-
_
_
330
Out
standing
Sales
_
100
75
75
100
100
100
100
100
100
125
(Memorandum)
Housing and Urban Development
Fiscal year
or month
Retire Out
ments
standing
_
400
10
10
50
-
2,143
2,114
2,047
2,036
1,951
1,961
Farmers Home
Administration 1/
Total
Retire
ments
Out
standing
Commodity Credit Corp.
(net certificates of
interest authorized under
Charter Act) 8/
Sales
Retire
ments
Out
standing
_
350
800
_
100
855
260
_
10
60
_
100
975
1,175
296
42
436
958
_
68
457
_
791
902
834
377
419
855
1,021
680
680
800
75
85
_
175
250
12
18
1,090
1,090
1,175
1,156
1,156
1,156
1,156
1,146
1,301
201
142
464
320
217
_
111
12
1,144
1,033
1,021
124
60
27
897
837
979
1,443
1,764
1,737
12
353
301p
1,954
1,942
1,589
l,288p
882p
l,288p
800
800
800
800
800
900
-
10
20
900
900
900
1,230
165
12
1,551
1,551
1,551
1,704
1,230
590
60
1,704
-
-
-
-
-
-
_
-
'
Fiscal 1968
to date............
1,140
-
1,820
465
5°
1,891
430
-
1,143
1
1/
2/
lj
j>/
6/
Includes Direct Loan and Rural Housing Loan programs.
Includes Construction of Higher Education Facilities, Health Professions
Education Fund, and Nurse Training Fund, beginning April 1968.
Includes $107 million refunding transaction.
Includes College Housing, Elderly Housing, and Public Facility programs.
Includes Special Assistance, and Management and Liquidating programs.
Includes programs for Disaster Loans and Business Loans and Investments.
7/
8/
p
Includes Direct Loan and Loan Guaranty programs.
In the case of Commodity Credit Corporation, participation certificates
are called "certificates of interest" and are not included in the
Participation Sales Act of 1966. Amounts shown as sales and re
tirements represent the net excess transactions for the period,
Preliminary.
r
Revised.
May 1968
157
CUMULATIVE TABLE OF CON TEN TS
June 1967 through May 1968
Is s u e and page number
1968
1967
Aug.
S e p t.
II
II
II
IV
IV
IV
June
J u ly
II
IV
O c t.
Nov.
Dec.
Ja n .
II
II
II
II
IV
IV
IV
IV
Feb.
Mar.
A p r.
May
II
II
II
II
A rtic le :
F e d e ra l f i s c a l o p e r a tio n s :
1
2
2
3
4
1
2
2
3
4
5
6
1
2
2
3
4
5
6
1
2
3
4
6
In vestm en t t r a n s a c t io n s o f Governm ent acc oun ts i n F e d e ra l
8
D e t a il o f e x c is e ta x r e c e i p t s ..........................................................................................
Summary o f i n t e r n a l reven u e r e c e ip t s b y S ta te s , c a le n d a r y e a r 1967.
8
*15
16
16
17
17
18
19
F e d e ra l D i s a b i l i t y In su ra n c e T r u s t F un d ..................................................................
F e d e ra l H o s p it a l In su ra n c e T r u s t F un d .......................................................................
F e d e ra l S upp lem en tary M e d ic a l In su ra n c e T r u s t F un d .......................................
R a ilr o a d R e tire m e n t A c c o u n ts .............................................................................................
Unemployment T r u s t Fund.........................................................................................................
N a tio n a l S e rv ic e L i f e In su ra n c e F un d .........................................................................
In ve stm e n ts o f s p e c if ie d t r u s t accounts i n p u b lic debt s e c u r i t i e s ,
agency s e c u r i t i e s , and p a r t ic i p a t io n c e r t i f ic a t e s b y is s u e s ,
as o f March 31, 1968.............................................................................................................
Summary o f F e d e ra l f i s c a l o p e r a t io n s ..............................................................................
A d m in is t r a t iv e budget r e c e ip t s and e x p e n d itu re s :
R e c e ip ts b y p r i n c i p a l s o u rc e s ..........................................................................................
D e t a il o f m is c e lla n e o u s r e c e ip t s b y m ajor c a t e g o r ie s ..................................
E x p e n d itu re s b y a g e n c ie s ......................................................................................................
I n t e r fu n d t r a n s a c t io n s exc lu d e d from b o th n e t budget r e c e ip t s
and budget e x p e n d itu r e s ......................................................................................................
E x p e n d itu re s b y f u n c t i o n s ....................................................................................................
E x p e n d itu re s and b a la n c e s b y f u n c t i o n s ....................................................................
Summary o f a p p r o p r ia t io n s and a u t h o r iz a t io n s , e x p e n d itu re s , and
b a la n ce s, by a g e n c ie s ....................................................................................................
T r u s t and o th e r t r a n s a c t io n s :
Summary o f t r u s t and o th e r t r a n s a c t io n s ..................................................................
T r u s t r e c e i p t s ..............................................................................................................................
T r u s t , d ep osit, fu n d , and G ove rn m e n t-sp o n so re d e n t e r p r is e
e x p e n d it u r e s .................................................................................................................................
In t e r fu n d t r a n s a c t io n s exclu de d from bo th n e t t r u s t r e c e ip t s
and t r u s t e x p e n d itu re s .........................................................................................................
P urchases o f p a r t ic i p a t io n c e r t i f ic a t e s ( n e t ) ...................................................
In ve s tm e n ts i n p u b lic debt and agency s e c u r it ie s ( n e t ) .............................
S a le s and re d e m p tio n s o f Governm ent agency s e c u r i t i e s i n
m arket ( n e t ) .................................................................................................................................
C o n s o lid a te d cash t r a n s a c t io n s :
Summary o f F e d e ra l Governm ent cash t r a n s a c t io n s w it h th e p u b l i c . . . .
In tra g o v e rm e n ta l and o th e r noncash t r a n s a c t io n s ...............................................
F e d e ra l r e c e ip t s from and paym ents to th e p u b lic - s e a s o n a lly
a d ju s te d and u n a d ju s te d ......................................................................................................
’h
15
15
16
16
17
18
20
19
1
1
1
1
1
1
1
1
2
3
5
2
3
5
2
3
5
2
3
5
2
3
5
2
3
5
2
3
5
2
3
5
6
7
6
7
6
6
7
6
7
6
7
6
7
6
7
**5
6
6
7
7
8
9
9
10
10
11
11
12
13
10
14
7
9
11
11
9
9
10
10
11
11
9
9
9
9
11
11
9
9
12
10
11
12
10
10
12
10
13
13
14
11
11
12
12
12
13
13
13
14
11
11
12
11
11
12
13
13
14
11
11
12
15
13
14
15
13
13
15
13
17
18
15
16
23
24.
17
18
15
16
22
23
17
18
15
16
19
17
25
19
17
2U
19
17
19
22
26
29
21
24
19
22
O b lig a t io n s :
A d m in is t r a t iv e budget fu n d s (F Y 1964, 1965, 1 9 6 6 )..........................................
A d m in is t r a t iv e budget fu n d s ...............................................................................................
T r u s t fu n d s ......................................................................................................................................
21
33
13
16
11
14
F e d e ra l o b lig a t io n s ( l a t e s t d ate F e b ru a ry 29, 1 9 6 8 )..........................................
Account o f th e T r e a s u r e r o f th e U n ite d S ta te s :
S ta tu s o f th e Account o f th e T re a s u r e r o f th e U n ite d S t a t e s .................
A n a ly s is o f changes i n ta x and lo a n account b a la n c e s ..................................
Summary o f cash tr a n s a c t io n s th ro u g h th e Account o f th e T re a s u r e r
o f th e U n ite d S t a t e s ..............................................................................................................
G old a s s e ts and l i a b i l i t i e s o f th e T r e a s u r y ........................................................
M onetary s t a t i s t i c s :
Money i n c i r c u l a t i o n ................................................................................................................
Debt o u ts ta n d in g :
Summary o f p u b lic debt and g u aran teed agency s e c u r i t i e s ...........................
Computed i n t e r e s t charge and r a t e on F e d e ra l s e c u r i t i e s ...........................
I n t e r e s t -b e a r i n g p u b lic d e b t .............................................................................................
M a t u r it y d i s t r i b u t i o n and a verage le n g th o f m a rketable
in t e r e s t - b e a r i n g p u b lic d eb’ ..........................................................................................
S p e c ia l p u b lic debt is s u e s ..................................................................................................
T re a s u r y h o ld in g s o f s e c u r i t i e s is s u e d by Governm ent a g e n c ie s ............
I n t e r e s t -b e a r i n g s e c u r i t i e s is s u e d by Goverm ent a g e n c ie s .........................
S t a t u t o r y d ebt l i m i t a t i o n .........................................................................................................
P u b lic d e b t o p e ra tio n s :
M a t u r it y sch e d u le o f in t e r e s t - b e a r i n g p u b lic m a rk e ta b le s e c u r i t i e s
o th e r th a n r e g u la r w eekly and a n n u a l T re a s u r y b i l l s ..................................
New money fin a n c in g th ro u g h r e g u la r w e e k ly T re a s u r y b i l l s ......................
7
10
17
20
21
18
19
26
27
35
36
24
25
31
32
26
27
24.
25
18
19
16
17
13
14
20
21
22
22
20
20
28
28
37
37
26
26
33
33
28
28
26
26
20
20
18
18
15
15
22
22
23
21
29
38
27
34
29
27
21
19
16
23
24
24
25
22
22
23
30
30
31
39
39
40
28
28
29
35
35
36
30
30
31
28
28
29
22
22
23
20
20
21
17
17
18
24
24
25
25
26
27
28
23
24
25
26
31
32
33
34
40
41
42
43
29
30
31
32
36
37
38
39
31
32
33
34
29
30
31
32
23
24
25
26
21
22
23
24
18
19
20
21
25
26
27
28
29
27
35
44
33
40
35
33
27
25
22
29
30
32
28
30
33
36
38
41
45
47
50
34
36
39
41
43
46
36
38
41
34
36
39
28
30
33
26
28
31
23
25
28
30
32
35
1 35
(Continued on following page)
Treasury Bulletin
158
__CUMULATIVE TABLE OF C O N T E N T S _
June 1967 through May 1968 - (Continued)
Issue and page number
1967
June
July
Aug.
37
41
35
39
1968
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
42
51
40
47
42
41
35
33
30
37
45
54
43
50
45
44
38
36
33
40
48
57
46
53
48
47
41
39
36
43
49
43
41
38
45
52
46
44
41
48
Public debt operations (Continued):
Offerings of public marketable securities other than regular
Unmatured marketable securities issued in advance refunding
Unmatured marketable securities issued at a premium or
discount other than advance refunding operations...............................
Allotments by investor classes on subscriptions for public
marketable securities other than regular weekly Treasury b i l l s ...
Disposition of public marketable securities other than
Foreign series securities (nonmarketable) issued to official
institutions of foreign countries............................................................
Foreign currency series securities (nonmarketable) issued to
official institutions of foreign countries..........................................
United States savings bonds'.
Cumulative sales and redemptions by series............................................
Sales and redemptions by periods, a ll series combined.......................
Sales and redemptions by periods, Series E through K.........................
Redemption of matured and unmatured bonds..............................................
Sales and redemptions by denominations, Series E and H combined...
Sales by States, Series E and H combined................................................
42
40
50
59
48
55
50
45
43
52
61
50
53
53
50
48
55
64
53
61
56
55
50
48
45
52
54
52
58
67
56
65
60
60
56
54
52
59
57
57
58
60
55
55
56
58
60
60
61
63
64
65
69
69
70
72
58
58
59
61
67
67
63
70
71
62
62
63
65
63
63
o4
66
59
59
60
62
63
64
57
57
58
60
55
55
56
58
62
62
63
65
66
72
66
67
65
61
59
67
United States savings notes:
Sales and redemptions by periods................................................................
Ownership of Federal securities:
Distribution by classes of investors and types of issues.................
Net market purchases or sales of Federal securities for
61
59
66
73
62
73
67
68
66
62
60
68
61
62
59
60
66
67
73
74
62
63
73
74
67
68
68
69
66
67
62
63
60
61
68
69
Treasury survey of ownership of Federal securities:
Ownership by banks, insurance companies, and others...........................
Ownership by commercial banks classified by membership in Federal
Reserve System (latest date December 31, 1967)...................................
63
61
68
75
64
75
69
70
68
64
62
70
Market quotations:
End-of-month closing quotations on Treasury securities by issues..
Chart - Yields of Treasury securities......................................................
68
70
73
66
68
Average yields of long-term bonds:
71
Average yields of Treasury and corporate bonds by periods................
69
72
70
Chart - Average yields of Treasury and corporate bonds.....................
73
78
80
80
82
69
71
80
82
74
76
75
77
78
80
69
71
67
69
75
77
81
82
83
84
72
73
83
84
77
78
78
79
81
82
72
73
70
71
78
79
Exchange Stabilization Fund (latest date December 31» 1967):
71
72
72
U.S. stabilization agreements......................................................................
National bank reports:
Earnings, expenses, and dividends for calendar years 1962-66..........
International financial statistics:
U.S. reserve assets: gold stock, holdings of convertible
foreign currencies, and reserve position in IMF.................................
U.S. liquid liabilities to foreigners......................................................
U.S. liquid liabilities to official institutions of foreign
80
81
81
74
75
75
72
73
73
73
74
75
73
74
83
84
85
86
76
77
85
86
79
80
82
83
83
84
74
75
74
75
76
75
85
87
78
87
81
84
85
76
76
82
76
77
75
76
85
86
87
88
87
88
81
82
U.S. monetary gold transactions with foreign countries and inter
national and regional organizations........................................................
78
79
84
85
85
86
76
77
76
77
82
83
78
77
87
89
80
89
83
86
87
78
78
84
Capital movements between the United States and foreign countries:
Summary by periods beginning 194-6..............................................................
Summary by countries and periods................................................................
Short-term banking liabilities to foreigners, latest month..............
Short-term banking claims on foreigners, latest month.......................
Long-term banking liabilities to and claims on foreigners,
80
83
92
93
79
82
91
92
89
92
101
102
91
94
103
104
82
85
94
95
91
94103
104
85
88
97
98
88
91
100
101
89
92
101
102
80
83
92
93
80
83
92
93
86
89
98
99
94
Nonmarketable U.S. Treasury bonds and notes issued to official
93
103
105
96
105
99
102
103
94
94
100
95
96
97
99
100
101
94
95
96
98
99
100
104.
105
106
108
109
110
106
107
108
110
111
112
97
98
99
101
102
103
106
107
108
11C
111
112
100
101
102
104
105
106
103
104
105
107
108
109
104
105
106
108
109
110
95
96
97
99
100
101
95
96
97
99
100
101
101
102
103
105
106
107
102
101
111
113
104
113
107
110
111
102
102
108
103
102
112
114
105
114
108
111
112
103
103
109
Purchases and sales of long-term securities by foreigners,
Short-term liabilities reported by nonbanking concerns.....................
Shorb-term claims reported by nonbanking concerns...............................
Long-term liabilities reported by nonbanking concerns.......................
Long-term claims reported by nonbanking concerns.................................
Foreign credit and debit balances in brokerage accounts...................
Short-term lia b ilities, countries and areas not regularly
Purchases and sales of long-term securities by foreigners during
Foreign currencies acquired by the U.S. without purchase with dollars:
Foreign currency transactions, summary and country uses...................
Foreign currency transactions, U.S. uses and trust funds..................
Corporations and certain other business-type activities:
Statements of financial condition (latest date December 31» 1967).
Income and expense (latest date December 31> 1967).............................
Source and application of funds (latest date December 31> 1967)...
Participation certificates...........................................................................
80
81
116
117
105
138
105
106
110
103
113
115
106
118
152
108
114
113
135
159
147
104
140
111
13^
156
U N IT E D S T A T E S
GOVERNM ENT
P R IN T IN G
O F F IC E
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON, D .C.
20402
OFFICIAL BUSINESS
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