Full text of Treasury Bulletin : May 1970

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LIBRARY
pOOM 50?n
JUN 1

TREASURY

6 1972

DEPARTMENT

LJBRARY
pom 50^0
AUG

^ 4 1971

^^U^\}H\ DEPARTMENT

ROOM

fso:^o

JUN 1

6 1972

TREASURY DEPARTMENT

AUG

''^

4 1971

TREASURY DEPARTMENT

POSTAGE AND FEES PAID
TREASURY DEPARTMEr*T

THE DEPARTMENT OF THE TREASURY

U.S.

FISCAL SERVICE. BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER

WASHINGTON,

D.C. 20226

OFFICIAL BUSINESS

BUY
AND
HOLD
UNITED
S TAT E S
SAVINGS

BONDS

May

1970

w
li

I
"^

E
-J

II
II

r
II

The Treasury Bulletin

is for sale by the
Superintendent of Documents,
U.S. Government Printing Office, Washington, D.C. 20402
Subscription per year $13.50 domestic, $17.00 foreign.
Single copy price varies.

May 1970

CONTENTS

Treasury financing operations
Federal fiscal operations

Federal obligations

^o

Account of the Treasurer of the United States

17

Monetary

on

statistics

Federal debt

21

Public debt operations

29

United States savings bonds

64

United States savings notes

69

Ownership of Federal

70

securities

Treasury survey of ownership

Market quotations on Treasury

72
securities

78

Average yields of long-term bonds

81

International financial statistics

83

Capital movements

•

88

Financial operations of Government agencies and funds

125

Cumulative table of contents

165

Note:

Details of figures

may

not add to totals because of rounding.

Treasury Bulletin

I

//

Treasury Financing Operations

\
Treasury Notes

and 6-3/8^1
of Series B-1970, due May 15, 1970,

Ma y Refunding
an exchange offering
On April 29 the Treasury announced

Treasury Notes of Series C-1970, due May 15, 1970.
Subscriptions

Treasury Notes of Series
of an additional amount Of the 7-3/^fo
A-1973,

dated Octoher 1

(to yield ahout 7.98f»);

,

1969, due May

15, 1973, at

99

and an additional amount of the

Treasury Notes of Series A-1977

,

•'tO

8f„

dated February 15, 1970, due

interest from February
February 15, 1977, at par and accrued
000 ) to holders of
15 to May 15, 1970 ($19.66851 per $1,

ELIGIBLE FOR EXCHANGE

5-

notes

totaled

and $3,310 million

$U,682 million
for the

% notes,

million and $2,125 million, respectively,

for

the

7-3A^

of which $2,l421

were

received

from Federal Reserve banks and Government accounts.
relating
The following table contains preliminary figures
to amounts exchanged by the public.

.

May

1970

III

Treasury Financing Operations

Interest
November

is

semiannually on

and November

15, I971.

The

subject to call for redemption prior to matu-

with interest

Bearer notes,

rity.

the new notes

on

and May 15

15, 1970,

are not

notes

payable

coupons

attached, and

notes registered as to principal and interest were authorized
to

be

issued

in

denominations

of $1,000, $5,000, $10,000,

$100,000, and $1,000,000.

Subscriptions were
were payable

in

in

allotment and

to

Treasury notes maturing May 15,

which were accepted at par, in payment

1970,

whole

or

Payment was

part.

in

or before May 15, 1970.

completed on

[Treasury tax and loan accoimts

ibearer
be

in

Ifche

Payment by credit in

.jianks

were

not

fcheir

own

(iheir

lot

such

the

United States

holds

membership,

foreign

central banks

and foreign States, and dealers who make jrimarymarkets in Gov

ernment securities and report daily to the

Federal

securities and borrowings thereon.

to

All other

-

Reserve

Government

subscriptions

were required to be accompanied by payment of 10 percent (in

til after allotment.

All subscribers were required to agree not to purchase
to

sell,

or

to

make

any agreements with respect to the

payment for the new notes, were to

for at a specific rate or price, until after midnight May 5j

holders

the

In the case of

Commercial bajiks
quired to

of

in

any of the subscriptions

interest

submitting

subscriptions were re-

certify that they had no beneficial interest in

in

they entered for the account

of

and that their customers had no beneficial

their customers,

the banks'

subscriptions for their own account.

the customers were

Others

than

commercial

9-Month and One-year Bills
On April

enter subscriptions except for

Commercial banks'

subscriptions

for

own accoimt, were restricted in each case to an amoimt

exceeding 50 percent of the combined capital (not

;apital notes or debentures),

1970.

final interest

of record on April 15, 1970,

subscriptions.

permitted to

account.

retirement

purchase or sale or other disposition of the notes subscribed

their customers provided the names
in

and

the maturing notes in

on

date the transfer books closed.

forth

.iet

pension

or

and other public funds, international organizations in which

or

Commercial banks coiild submit subscriptions for accoimt
)f

thereof, public

subdivisions

the amount of notes applied for, not subject to withdrawal un-

submitted in payment,

to

political

required to be made or

on May 15, 1970, was paid by issuance of interest checks

regular course

States,

cash or in the maturing notes, which were accepted at par) of

detached by holders and cashed when due.

registered notes
liue

in

instrumentalities

permitted for 50 percent

was

dated May 15, 1970,

form submitted

associations,

or exchange,

of the amount of notes allotted.

Coupons

and loan

(Continued)

Bank of New York their positions with respect

received subject

cash or

in

-

including

surplus, and undivided profits

f the subscribing bank.
Subscriptions were received without deposit from banking
Institutions for their own account, Federally-insured savings

thereabouts,

16

tenders were invited for

$500 million, or

of

276-day 'treasury bills,

representing an

additional amount of bills dated January 31 j 1970, maturing

January 31, 1971,

and for $1.2 billion, or thereabouts, of

365-day Treasury bills to be dated April 30, 1970, to mature

April 30, 1971,

both series

to

be

issued April

30.

These

issues were to refund $1,501 million of bills maturing April
30.

Tenders were opened on April 23-

IV

Treasury Bulletin

Treasury Financing Operations

Tenders received for
million,

the 276-day bills

of which $500 million was

million of noncompetitive tenders.

totaled $1,001

accepted, including $l6

The average bank discount

rate was 6.81+3 percent.
Tenders

received for the

365-day bills totaled $1,725

million, of which $1,200 million was accepted, including $55

million of noncompetitive tenders.

The average bank discount

rate was 6.81I+ percent.

13-Week and 26-Week Bills
Issues of regular weekly Treasury bills in April totaled

replacing $15.0 billion of maturing bills.

$15-5 billion,
There were five

91-<ia.y

issues

of $1.8 billion and five 182-

day issues of $1.3 billion. Average rates for the new issues
are shown in the following table.

13-week
(Additional amount of bills of
original maturity of 26 weeks)

-

(Continued)

Hay 1970
.FEDERAL FISCAL OPERATIONS.
Table FFO-1.

-

Summary

of Fiscal Operations

In millions of dollars

(

Budget receipts, e>rpenditures, and lending
The expenditure account

Surplus
or deficit (-)

Net

Fiscal year
or month

Met

receipts

expenditures

2/

J/

account

I>oan

Loan
dis -

Loan
repayments

burse
ments

(l)-(2)

Means of financing - net transactions
Borrowings from the public - Federal securities

1/

Net
lending

Oatlays 3/

3/
(t)+(5)

Budget
surplus
or deficit (-)

Public
debt
securities

Agency
securities

(21-16)

(3K(6I

161

(7)

(81

-1,198
-2,351

97,795
106,813
111,311

-3,1*06

2,61*0

-292

-7,137

1,1*50

118,581*
118,1*30
1314,652
158,251*

6,31l»

5,079

-1,1*76

178,833
181*, 556

-5,922
-1,596
-3,796
-8,702
-25,161
3,236

9,230
7,659
5,853
5,561
2,633

21,357
6,lU2

-10,150

-2,900
683

197,885
200,771

1,501
1,331

9,232
8,171

(31

Investments of
Government accounts k/

Total borrowings
from
the public

Special
notes ^/

(9)+fl0)
-(il)-|12)

(11)

(9)

(13)

96,597

-2,208

10l*,l*62

-l+,786

7,869
9,621

111,1*56

-lt,896

9,61*6

118,039
117,181
130,820
153,201
172,802
183,080

-5,377

git,

389
99,676
106,560
112,662
116,833
130,856

1961
1962
1963
1961*

1965
1966
1967
1968
1969

l't9,552

153,671
187,792

1970 (Est.)
1971 (Est.)

199,386
202,103

ll*,628

-3,61*9

17,676
20,327
13,167
9,1*89
8,601+

6,589
7,921

It,

1*01

2, oil*

11*5
-51*5

-1,21*9

-3,832
-5,053
-6,030

15,638r
15,922
15,279
13,895

-l,904r

721*

723

-2

7,671*

796
936
992

71*6
1*51

-50
-U85

1,365

373

13,522

-3,001
-1,791
3,239
-5,769

318
269
327

-152
-316
-1*1*8

15,695
17,106
17,616

1*77

-31*2

17,91*1*

May
June

13,31*6

July
Aug
Sept

12,

51+2

15,51*2

1U,999

Oct
Nov
Uec

11,832

16,790
17,167
17,602
15,225
15,232

1970- Jan

16,303

Feb
Mar

U,929

-1,932

9,910

1*70

15,640r
15,972
15,761*

-'*,751

16,56A
14,990
16,301

-261
-61
-3,191

533
581
750

698
686
512

164
104

16,399
14,886
16,539

-3,429

-654
1,275
3,161

IV., a^

-10,257

5.814

4,490

146,738

-11,581

18,237

Within gen'l
acct. of
Treasurer,
U.S. 6/
(deduct)
(ii<)

1961
11962

(15)

-1,385
3,734
1,876
-1,264
1,594
-260
-4,571
-1,094
760

1

1963

il964
1965

I

SDK'S 7/

1966
Il967
1968
1969

Other

Fund
(deduct)

-97
43

(17)

-110
13S

-253
-171
-255
-367
381
-447
-342
533
o44

1970 (Est.).
1971 (Est.).

1969-Mar
Apr .
May
June
July
Aug
Sept
Oct
Nov ,
Dec

.

.

.

.

.

.

.

.

1970-Jan
Feb
I

Mar

I

JFiscal 1970 to
date

56
226
771

-1*02

-91

273r
817

-559
-137
-188

1*18

-2,1*56

2,91*6

-1,1*85

2,051*

-8,587
l*,l*38

-11*1

170
1,667
230
-727
883

-85

2,0l*l

2,695
-2,012

-64
-789

-524
625
867

-194
-139
2,314

5,233

11,792

-829

21

679
-375
1*,388

ing
(13)-(it|
(15)-(16)

Public
debt
securities

Agency
securities
11/

Investments of
Government
accounts

Special
notes
5/

Held by
the
public
(22)+(23)
,2"*)-(25)

(22)

(23)

(21*)

(25)

(26)

-359
132
2,997
-284

98
629
813
367
10,407

288,971
298,201
305,860
311,713
317,274
319,907
326,221
347,578
353,720

6,477
7,927
8,123
8,631
9,335
13,377
18,455
24,399
14,249

54,291
54,918
56,345
59,210
61,540
64,784
73,819
79,140
87,561

2,554
2,837
3,176
3,581
3,455
3,810
3,328
2,209
825

238,604
248,373
254,461
257,553
251,514
264,690
267,529
290,629
279,483

407
-541

-908
410

-1,501
-1,331

7,544
7,544

362,952
371,122

12,607
12,206

96,251
105,220

825
825

278,483
277,283

5,780
10,079
6,677
7,544

359,546
353,466
360,065
353,720

15,134
14,575
14,437
14,249

8l,845r
82,659
85,605
87,661

825
825
825
825

292,010r
289,557
288,072
279,483

-tv3
-709

50
51

38
61

l,906r
-7,625
2,418
-10,283

64
50

-1,460
12
15
19
22
280

3,153
2,107
-2,790
6,112
1,130
-1,612

6,650
4,898
7,657
6,429
7,436
6,241

357,012
360,187
360,685
364,394
368,112
358,226

15,565
14,736
14,093
14,045
13,905
13,820

87,832
89,499
39,729
89,003
89,885
91,927

825
825
825
825
825

283,921
284,599
284,224
288,612
291,306
289,294

13
23

97

367,572
363,847
372,007

13,755
12,966
12,987

91,402
92,027
92,894

825
825
325

289,100
288,961
291,275

372,007

12,987

92,894

825

291,275

d99
-81
-98

-194
-381
-652

IS
161
73

633

31

3,429

7,593
7,649
7,375

520

-1 , 395

1,030

1,762

-1,046

ll,5.'l

7,875

2,153 9/
-172

ource: Based on monthly statement of receipts and expenditures of the
Government. The loan account data for fiscal years 1961-1966 and all
estimates are from the 1971 Budget document released February 2, 1970.
Includes investments in non-Federal securities.
y For content see Table FFO-2.
/ For content see Table FFO-3
/ For content see Table FFO-6.
/ Represents non-interest bearing public debt securities issued to the
International Monetary Fund and international lending organizations
(IDA and lADB) in recognition of U.S. Government subscription com6/

-1,000
-1,200

8,590
8,969

6,771
10,504
12,380
11,116
12,710
12,450
7,879
6,785
7,544

756
174
364

-11,11*6

-1,61*2

(20)

57

1

-1,381*

5,9'+'t

Federal securities
General
account of
Treasurer,
U.S. 6/

(21)

(19)

107

1,008
-1,195

-1,119

3,076
2,838
23,100

3,406
7,137
4,751
5,922
1,596
3,796
3,702
25,161
-3,236

230

-453
-1,753
2,759
-1,228

1,352

175
1,017
188
1,179
-217

l,2o0r

103r
1,133

-285
4,299
-3,402
867

Total
budget
financ-

(17) + (18)
(16)

-1*82

Selected balances, end of period

Transactions
not applied
to year's
surplus or
deficit 10/

+ (19)

(15)

l*,06l

351*

9,035
5,320
8,522

113

Means of financing - net transactions (continued)

Fiscal year
or month

-126

3,2l*l*

3,709
3,718

15,092

Other
means of
financing 8/

2,330

-1*7

15,1*61

With International
Monetary

1*05

70I*
l*,Ol*l

-61*3

ll*0

With other
(iDvemment
officers
(deduct)

2,861*

9,769
6,088
3,092

1*98

-236

Changes in cash and monetary assets

339

1,316

377
827

-238

1,1+28

3,292
3,175

687

13,110

1,1*27

281*

196
508

-3,153
-2,107
2,790
-6,112
-1,130
1,612

-6,31+5

-891*

16,70U

316

782
-1,080
1,599

1,1*72

l't,332

605
627

-l,906r
7,625
-2,Ul8
10,283

585
775
819
613

20,1)06

Fiscal 1970 to
date

36

1*,712

985
200,088

23,805

10,237
10,911

-19,131

19"*,

13,734r
23,596

1969^*ir
Apr

-3't7

6,671
7,271
9,791
9,693
9,662
10,796
12,623
11*, 297
11,691

mitments .
Treasury
Current fiscal year to date transactions are on the daily
date
statement clearance date basis and are converted to accounting
include
basis at June 30 (final) only. Prior fiscal year amounts

-43

7/

8/

9/
10/

11/
r

825.

transactions in transit as of June 30. For amounts in transit see
Table FFO-8 in the January 1970 Bulletin
*-,•„„+„„
„^„tj
oertilioates
Represents holdings of Special Drawing Rights, less
issued to Federal Reserve Banks.
securities, deposit
Includes accrued interest payable on public debt
accounts.
funds and miscellaneous liability and asset
of $867 million.
Includes initial allocation of Special Drawing Rights
certain corporations
Includes seigniorage, fiscal 1969 oonvers ion of
reclassification of certificates
to private omership, and July 1969
Investments held by
of interest of |1,590 million less $7 million
'

Government accounts,
For content see Table FD-6.
Revised.

Treasury Bulletin
.FEDERAL FISCAL OPERATIONS.
Table FFO-2.

-

Budget Receipts by Principal Sources
(in millions of dollars)

Income taxes
Net

Fiscal year
or month

budget
receipts

1961
1962
1963
1961*

32,978

13,175

99,676
106,560
112,662
116,833
130,856

36,2lt6

ll|,l*03

38,719
39,259

ll*,269

5

15,331
16,820

5,893
U,869
5,851

153,671
187,792

1970 (Est.)
1971 (Est.)

199,386
202,103

ll»9,552

July
Aug
Sept
Oct
Nov
Dec

Mar
Fiscal 1970 to date.

,

18,1*86

815
5,079
I*,

,

1)00

1*1,338
1*5,571
1*7,588
1*8,697
1*8,792
55,1*1*6

61,526
68,726

50,521
57,301
70,182

18,850
20,951
27,258

9,527
10,191

77,1+00

27,600
28,000

12,800
lU.OOO

92,200
91,000

81*3

4,004r
12,106

77,000

7,81*5

87,21*9

13,734r
23,596

fc,019r

13, 31*6

6,681

801*

2,858
2,598
2,725

23,805

6,21*1*

l*,17l

292

10,123

12,5't2
llt,999

6,005

51*8

319
3,912

150
103

6,1*01*

7, Oil*
5,91*8
6,281*

l't,332

7,108

160

33

l6,70U

6,1*07

1*12

1*5

16,303
lU,929
13,110

6,203
7,535
6,091

l*,l*9l

886
1,235

3,907

10,660
6,965
3,419

135,157

58,596

12,383

5,879

65,099

20,Uo6
11,832

1970 -Jan
Feb

36,81*0
1*2,811

5,161*

9,51*0

1*19

Net
total

Net
total

Other

9lt,389

1965
1966
1967
1968
1969

1969-Mar
Apr
May
June

Corporation

Individual

81*

67

,35

l,l*5o

1*,760

7,230
9,776
6,636
7,236
6,771*

21,765

Net total
income
taxes

May

1970
.FEDERAL FISCAL OPERATIONS.
Table FFO-2.

-

Budget Receipts by Principal Sources

-

(Continued)

(In millions of dollars)

Social in surance taxes and contributlons-(contimied)

Contributions for other
insurance and retirement
Fiscal year
or month

Federal
Other
SuppleFederal
mental
employees employees
Medical
retirement retirement
Insurance

647
698
903

922
1.2^2
79
78
73
75

l,i;2D

2i

1,008
1,081
1,129
1,867
2,052
2,353

1,600
1.658

29
31

2.551
2,931

,

,

15

16
18
19
20

1

2

llo
100

3
1

16,/;38

Net
total

Net total
excise
taxes

Gross

Refunds

Net
total

183
127
96

9,063
9,585
9,915
10,211
10,911
9,145
9,273
9,700
10.585

2,923
3,080
3,405
3,646
3,782
4,037
4,652
4,493
4,861

126
131
126
127
123
120
212

114
224

2,798
2,949
3.279
3,519
3,659
3,917
4,441
4,379
4,637

11,860
12,534
13,194
13,731
14,570
13,062
13,719
14,079
15,222

9,141
9,672
10,005
10,304
11,011
9.362
9,461
9.827
10.681

44.805
49.108

11.006
12,201

134
142

10,872
12,059

5,102
5,603

34
142

5,068
5,461

15,940
17,520

12

848
946
776
1,020

322
360
499
389

14
146

308
214
496
375

1,156
1.160
1,272
1,395

402

36
-71

366
634
389
394
615
452

1,419
1,263
1,295
1,259
1,606
1,400

78
87
89

93
99

a7

200r
206
192
176

2,866r
3,881
5.748
2,823

859
957
783
996

1,026
713
916
880
1,001
957

-26
84
10

9

1,053
629
906
865
992
948

758

12
8
13

7ltb

lt08

739
824

1*79

12

379

11

217
205
216
187
214

2,879
5,209
3,022
2,364
4,078
2,190

g^U
20 5
221

5,1*08

71*8

79

let
127
137

3,436

837

698

i,2';o

1,961

31,253

Rs

Refunds

Highway trust fund

17,046
19,804
22,012
22,258
25,567
33,349
34,622
39,918

2U

71*

~-n

9ii6

164.

81
69

—

857
875

Gross

121
132
115
136

76

^^^^^^"^~^—

12
12
13

Excise taxes

Miscellaneous excise taxes

I'il

78
76
80

Fiscal 1970 to date

863
932
993
1,065
1,111
1 201
1 334

Total

Net total
social
insurance
taxes and
contributions

2,67'»

11

7

-25

15

10

135

563
389
394
550

3

14

-65

452

U08

1,151*

1*67

1,206
1,192

368

4,092

.iiL22i_

Treasury Bulletin
.FEDERAL FISCAL OPERATIONS.

C/3

LU

u
oc
o
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}^ay 1970
.

FEDERAL FISCAL OPERATIONS.

Table FFO-3.

-

Budget Outlays by Agencies

(in milli

Fiscal year
or month

Legislat ive

Branch

19ol
1962
1963
1964
1965
1966
1967
1968
1969

131
151
145
143
Id;
181
240

The
Judiciary

Executive
Office
of the
President

50
56

70
29

cl

23
23

64

24
26
2S
31

1970 (Est.)..
1971 (Est.)

341

368

125
130

39
45

of dollars

Funds appropriated
to the President
Net
expenditures
1,566
1,801
3,201
3,694
3,872
4,357
4,351

Wet
lending

Agriculture Department

Total

1,566
1,801

17
29
21
15

3,201
3,694
3,889
4,385
4,372
4,013

4,071

4,816
4,187

4,818
4,184

417
404

413

Net
expenditures
5.103
5,901
t,904
7,083
6,374
5,158
5,429
D,795
",e93
7,754
8,494

Net
lending

2ei
393
420
370
421

356
412
512

-541

Commerce Department

Total

Net
expenditures

5,384

3 091

6,291*

7,333
7,458
6,795
5,513
5,841
7,307
8,330

3,360
3,640
4,270
4,699
4,633
705
769
820

8,407
7,953

998
968

447
610
344
-593

65
79
77
58
72
53
52

143
35

Net
lending

-27
-21
20
32
51

37
21
38
35

11

May

10

387

June ....

.-.47

July
Aug
Sept
Oct
Nov
Dec

31

14

1970-Jan

27

Feb

40

2'J

113

31

10

18

I'J

Mar
Fiscal 1970
to date

261*

93

789
1,237
1,755
l,40n

36
101
102
-129

711

-71

,43

-93

598

"<:31

-105

731
-77
296

7,1*81*

441

3S3

16

825
1,338
1,357
1,276
640

453
403

10
10

60
88
85

522
259
-609

352

26

3,1*31

3,'t26

7,935

-1*50

3,660
,302
,749
,670

726
807
854

80
47

078
014

4

30
31
64

)*

1969 -Mar
Apr

3,061*
3,31*0

6
1

1
4

73
54
55

2

145

54

20
4

55
58

93
72

2

4

66

2

95
76
69

639

1*0

679

).

Treasury Bulletin
FEDERAL FISCAL OPERATIONS.
Table FFO-3.

-

Budget Outlays by Agencies
(In millions oi

Net

e>rpend-

Treasury Department
Post
Office
Depart -

Net
lending

831
618
'+,153

h,ok\

U,0U1»

3,532
3,109
3,172
3,385

3,

91U
797
770
S7R

25U
30U

888

I.U7

0,673 1/

1*73

7,01*8 1/

18,800
19,000

2^r

313

30

236
26U
273
260
230
335

25

b5

2l»7

1*0

136
8U
67

23
66

-15

350

13,064r
13,059

1*25

1+28

27
20

1+5I*

1,1*36

75

sl+

8.5

63
29

-1

-,p

l.'ijl

1,1+70

178
209
185

-9

1,1.1".

1,511
1,506

1+5

-1

1*1+

28

1,1+68

1,U76

2l*8

90

3

92

503
535
550
690

1,1*87

-1*2

1,1+1+5

-26

-1

1,1*87

80

-1

59
-236
96
-105

1,567
1,587
1,317
1,680

53

1,529
1,553
1,585
1,653

205
205
211
218
178
221

29

6
-2

-27
52
35
37

553

1

,

51+8

39

29
U2

6

3l<

1*3

109

1*5

539

1*5

1*3

1*27

82

1,655
1.701

183

17
20

1,671
1,620

-16

l':2

l8t.

30

^03

l,6''-i

103

1,.302

207

37

30
35

14,303

1,814

2,970

902

363

14,283

Other independent agencies

Net
expenditures

Net

lending

A, 865

Net

Totals

Undistributed
intrabudgetary
transactions 7/

lending

Net
expenditures

Net

lending

Net expenditures
1+1+3

5,61+6

5,1+99

2,1+76

196I+

1+,171

1965
1966
1967
1968
1969

5,091
5,932

5,531
5,620

129
88

5,71+6

21 1+

5,660
5,708
5,960

5,1+23
l+,721

6,355
6,711

1+90
1I+8

2,711
2,960
3,365
3,825

5,1*13

-3,936

6,257

-l+,l+99

l+,2l+7

7,1+16

253

1970 (Est.).
1971 (Est.).

3,886

8,389
8,666

268

1969-Mar...'.

385
353
367
326

3,1+00

29b

-211

-366

3,961*

-5,117

8,657
8,U55

5,379
6,298

1,018

6,397

51+5

6,81+1+

-6,088
-6,639

-26

665
632

681+

I+1I+

652

212

130
-207

319
337

633

2l*

27
2U

1+08

666
670
689
700

21
19
18

657
667
691
691
708
718

525

61+0

291+

726
717
798

708
699
781

18
18
17

Fiscal 1970
to date

2,754

6,187

13b

10l+,l+62

l*,331

1*13

291
299
325

96,597

-2,513

l+,17l»

6,81+5

429r

327
267
296

-2,1+1+9

6,858
7,669

712
692

67I+

2,680
3,259
2,839

1,035
363
152
600
832
1,588
2,083

22
18
18
20

691

Mar ....

1+68
1+71

375
1*13

2,861+

3,559
It, 197

475r
387

1+6

-2,61+1+

111,1+56

-2,877
-3,109

118,039
117,181
130,820
153,201
172,802
183,080

-3,361+

-208r

19l*,985 8/

200,088 9/
15,638r
15,922
15,279
13,895

1,198
2,351
-11+5
51.5

1,21+9

3,832
5,053
6,030

97,795
106,813
111,311
118,581+
118,1+30
1311,652
158,251+

178,833

1,1+76

l81+,556

2,900
683

197,885
200,771

2

IS, 640r

5

-255
-291
-1,895

-15

510

-23I+

15,51*2

65
189
36
103
-169

1+73

-311*

657
507

-215

16,790
17,167
17,602
15,225
15,232

236

15,1+61

-ll+O

15,092

-161+

16,399

-101+

ll+,886

51+3

1+79
2I+I+

-21+8

-263
-1,091

50

15,972

1+85

15,761+

-373

13,522

152
316
1+1+8

15,695
17,1U6
17,616

3I+2

17,91*1*

381+

-17

367

283
380

112
215

391*

-36I+

16,561*
ll+,990

595

-242

16,301

238

16,539

4,226

-3,226

145,414

1.324

146,738

Source:
See Table FFO-1.
Note:
Net expenditures represent disbursements less proprietary receipts
from the public and certain intrabudgetary transactions applicable
to the expend! tiire account. Net lending represents loan disbursements less loan repayments
If only one column is shown for an
agency the amounts represent net expenditures, unless otherwise
noted. Agency shifts are shown in this table beginning with the
period of such shifts, figures prior to the shifts have not been
adjusted.
1/ Includes net lending.
2/ See footnote 5.
Figures prior to fiscal 1967 represent expenditures for the Federal
Aviation Agency.

1;

.

^

8

531*

2,237

1970-Jan
Feb

1*13

2,1+61
2,1+11

2,221+

.

1

19,107
19,066

5,650
5,60U

Sept
Oct
Nov. ...
Dec

131

1+12

307
66

2I+8

July.

-2I+2

-6
5

-11+6

Aug

2

7
19

1+20

5,351+

.

302
319
361
300

2,1+50

5,356

.

21+3

1
-9

16,921+

71*1+

.

1+

l'+,fc55

1,257
2,552

.

302
328
359
293
-260
138

2,1+03
2,261+
2,1+66

1961
1962
1963

Apr ....
May.
June

2I+0

I4U3

502

Net
expenditures

-326r

2,713
2,806
2,758
2,763
2,625

39
7

601*

37
SO

lending

l42h

Veterans Administration

Fiscal year
or month

11,1+33

16,588

236

National
Aeronauticc
and Space
Admin.

-1

ll+,573

lo

2,970

10,552

.88.

5,732
5,970 1/

July
Aug
Sept
Oct
Nov
Dec

Fiscal 1970 to
date

9,71+5

I437

128

Mar

-69
-37

U2lt

3RQ

UU3
U26
502

-81
-77

1,080
920

389
330
269
313

Fet

26,638

-332
82
336

1969-Mar
Apr
May
June

1970-Jan

21+, 781+

-7

13,391

1,2U7
382

273
260
230
335

-1+5

5,1*28

,232
,563

26I4

15,871
17,526

U19

^U7
3HU

8,957
9,120
9,895
19,666

Net

expenditures

5/

1,11+1

,232
,563

1970 (Est.
1971 (Est.)...

lending

11,31+6
12,011*

3,1*75

,

-llU

Net

Other

1410

""132

1*08

General Services Admin.

Atomic
Energy
Commission

Net expenditures

Interest
on public
debt h/

633
693
719
7U2
785
793

3,109
3,286
3,271
3, '75

llU

State
Depart ment

Transportation
Department

ment

S3I
618

1961
1962
1963
196U
1965
1966
1967
1968
1969

(Continued)

dollars)

Labor Department 2/

Fiscal year
or month

-

11

-256

Reported on an accrual basis.
Beginning fiscal I963 expenditures of Federal Old-Age and Survivors
Insurance Trust Fund and Federal Disability Insurance Trust Fund
are included under Health, Education, and Welfare Department and
expenditures for the Unemployment Trust Fund under Labor Department.
Includes $1+1+ million net lending.
For content see Table FFO-U.
Includes $175 million for civilian and military pay raise and $300
million for contingencies.
Includes $275 million estimate for distribution of Federal tax
revenues to state and local governments, $1,1+00 million for civilian
and military pay raises and $900 million for contingencies.
Less than $500,000.
r
Revised.

fAay 1970

Treasury Bulletin
\

8
.FEDERAL FISCAL OPERATIONS,

a
o
u
a
s
O

>>

Xi
0)

>>
as

9

o
bc

T3

3

CQ

O

}\ay 1970
FEDERAL FISCAL OPERATIONS
ca

q-

O

P.fc,

1

...,
.
.

Treasury Bulletin
10

.FEDERAL FISCAL OPERATIONS.
Table FFO-6.

-

Investment Transactions of Government Accounts in Federal Securities (Net)
(In millions of dollars)

Fiscal year
or month

Federal
Old-Age and
Survivors
Insurance
Trust Fund

-203
-1,097
-822
692
458
-858

Federal
Disability
Insurance
Trust Fund

l,58i
2,898

285
21
-129
-137
-263
-413
296
591
1,121

786
497
87
590

1970 (Est.).
1971 (Est.).

3,808
3,628

1,284
1,585

250
-379

1969-Mar
Apr

197
1,006
1,4^3
-81

86
176
211
106

-42
11
109
-5

-U

27
114

1961
1962
1963
196i
1965
1966
1967
1968
1969

3,7U

May
June .

.

July...
Aug
Sept.
Oct
Nov. .
Deo

605
551

-374
216

102
-10
-5

7i8

157

Feb.

-357
292

Mar.

819

-11
158
213

.

.

1970-Jan.

Fiscal 1970
to date. .

19ol
1962
1963
1964
1965
1966
1967
1968
1969

534

.

.

,

.

July...
Aug
Sept. .
Oct
Nov
Dec

1970-Jan.
Feb.

Federal

Housing
ing Asst.
and Metro. AdminisDevelopment

tration

3

-9

-3

470
465

-7

-308
174

202
241

-306
160

-6
-42

37
-1
-27
-13

-1
12
-5

166
-365
155
99

-234
-161
746
-20

34

-55
507
-102
-88

-197

24
-17
14
-8
-10

77

-3

25
50
62

32

16
8

15

16

-266
16

-1
15

24

4

-35
-72

104

707
1,182

120
-12
262

-14
28
83

165
-59
388
723
-589
-747
-20
3

-2
-2

42

-1
-4

64
203
-87
-133
307
85

13
-2
-2
-1
-2
-2

39
192

11
-9
-3

57

10
12

.

.

590
72

453
532

32
19

729

Source:
See Table FFO-2.
*
Less than $500,000.
Revised.
r

967
1,468
1,156
1,146
938
489
190

65
25

276

110
-536
98

-276
266
-324

105

other independent agencies

National
Life Insurance
Fund
-44
44
-90

Other

-13
-62
-12
-24
6

Civil
Service
Commission

ExportImport
Bank of
the
United
States

Farm
Credit
Administration

1,119
1,093

1,U3

Federal
Deposit
Insurance
Corporation

148
154
161
183
180
227
238
258
313

Federal
Savings
and Loan
Insurance
Corporation

Railroad
Retirement
Board

-78

-5

-63
1
69

-21

5

29

1,189
1,249
1,121
1,078
873
1,975

141
77

23
21

1,615
1,565

337
360

154
121

195
78

41
166

-31
37
30
-4

17
34
118

-33
-58
-24
645

1

21
32

69

126
204
-109
224

-20
-16
-15
181

40
-70
122

-3

a

29

902

2

1
3

82
-82

45

-204

12
-4

170
91

-21
-13
-9
25

52

41
-6

51

7

-18

47
214

34

113
60
39

62
143

5

-65

2

All
Other

34
229
269
244
208
204
212
265
283

10
10
34
17
-12

49
-16

Fiscal 1970
to date.

Fund

67
100
-256
-161
-19

13
-22
-21

-85
-46

Unemploy-

ment Trust

-12

4
-16
-134

-101
617

Federal
Insurance
Administration

97

479

65
118
-99

Participation
Sales
Fund

-32
36
138
-194
-129
45
135
165

Veterans
Administration

Highway
Trust Fund

-344
-28
484
257

1969-Mar
Apr ,
May
June

Other

Government National
Mortgage Assn.

309

Treasury
Department

233
202
242
-69

1970 (Est.).
1971 (Est.).

Renewal
and Hous-

,437

portation
Department
Fiscal year
or month

Federal
Supplementary
Medical
Insurance
Trust Fund

Federa
Hospital
Insurance
Trust Fund

Labor Department

Housing and Urban Development Department

Health, Education, and Welfare Department

145

U9
154
173
135

-5
-8
-1
30
-30
16

59

-50
-35
-24
-126
11
25
-127
25

1
2

10
13

37
?2

26
17
20
Ik

-44

67
15

-343

230

}\ay 1970

n
.FEDERAL FISCAL OPERATIONS.

CO

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O

a

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^H

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ft

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0) o

oj

fa

e

i-i

H

t/j

c

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tf^^ Mtol *

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-t^

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_o
'-J

u

H
CO

G
q o
0)
o

-P

-<
+J
:if

CO

CO

•a

«

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§
Eh

m
a
3
TOl

col

CO

3
P

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ir\I

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fa

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.

;

.

.

.

Treasury Bulletin

12

.FEDERAL FISCAL OPERATIONSTable FFO-10.

-

Summary

of Internal

States, Calendar Year 1969

Revenue Collections by

(In thousands of dollars)

Individual income and employment taxes

States, etc.

l/

Total
collections

Total

Individual
income tax
not withheld
2/

Income tax
withheld and
old-age,
disability
and hospital
insurance

Corporation
income

Railroad
retirement

3,01*2

153

2,81+8

33,968

32I*

3,018
58,625

75,131
87,730
2,1*38,812

1*3,930
1,629,1*56

702,629

501,1*35

51+8,367
21*9,207

166,91*8
2,961,631+

378,077
11,152,728

76,219

2,27lt,58l
3,U0lt,717

1,875,107

276,1+89

2,57lt,625

1,585,690
1,81*1*, 218

8,037
3,090

1,310,536
3,916,191
2,763,101

b77,858
3,100,182

715,729
121,215
1,083,835

553,1*60

5

2,01+1,537

1*1*2,195

1,981,393
1,586,205

21,125
2,200

567,980

1+63,656

9l*,772

367,068

12

1+22,323
ll+,6l9,96U

352,190

276,61*9

1*72

10,252,1+81+

73,355
1,965,990

8,101,381

550, 508

3,1+1+1+, 1+71

599,1*22

2,832,081*

1,505,65U

1,192,11+8

390,361

Kansas
Kentucky
Louisiana
Maine

1,237,009
2,565,206

997,969

311,713

1,071+, 835

29l*,289

1,659,1+1!+
1+85,651

1,310,380
393,293

369,211

Maryland 5/

5,788,267

1*,

Colorado
Connecticut
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa

Massachusetts

Mchigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Ifexico
New York
North Carolina
North Dakota
Ohio

Oklahoma
Oregon
ftennsylvania

Rhode Island
South Carolina

1*,

828,201*

5,599,1+91+

l*,ll*l,238

ll+,ll+l+,7l6

7,81+0,305

3,37li,81+0

651,1*79

2,505,768
511,365

997,306

3,61+8,985

279,938
1,076,051

23l*,263

1+,

383,620
3l+,078,505

1+,159,170

217,715
11,830,913
1,631,881+
1,1+1+7,879

11,570,870
909,323
1,028,756

l+,

821,71+1*

338,692
21,928,059
2,086,758

188,080

211,391*

6ll*,955

215,137

133,955

1,805
1,715
51,157

1,531*

11,1*30

796,358

1*97

1*,933

629,757
750,656
933,605

52,1*1*0
2l*,ll*7

1*,058

283,1*51*

l*,2l*8

5,71*3
6,51*1
2,131*

025, 803

105,797

13,055

251,1*29
70,21*5
1*83,078

3,203,663

20,1*1*1

1,01*8,81*6

1*09,1*10

37,0lU
11,535
2,912
17,385

3,635,887
692,311

2,668,521*

919
3,286
1,390
2,038

33,155

1*,

1,023

6,61*3,325
2,00l*,7lt7

5,653
12,930
53,882

158,829

31*9, ll*5

1*80

662,661*

2,912,728

56,207

81,987
217,569
105,927

151,113
571*, 900
218,368

2UI*

lU+,017

90,1*12

288,921*
3,622,1*11

21
5,911

2l*,2l6

25l*,582

9

17,751,302
1,631,936
121,951
6,907,637

50,235

1,321
108,250

1,169,206

1*,

82,780
018,271
1+39,91*8

8,351*, 092

69,765
1,381*, 116

1,102,321
1,137,887
8,800,939

285,001*
267,1*13
1,631,31*0

701*, 97I*

132,173
180,131

192,511*

1*,891

11,588
3,178
13,829
10,937

911,1(81
1,11*7,037
1*35,603

839,772
325,687
381,395

1+10,21+3
l+5l+,969

6,921,897

103,1*57
683,51*9

81*1*,038

117,01*3

10,01*0

121,986

1I+,

Other
it/

179,056

819,51*5

22,391
198,193

18, 317, '+75

_2/

1+80

257,9'tO

ll+l*,857

1,387,819
157,939
811,728
680,028

insurance

6,01*8

8,186

1,091,719

Alabama
Alaska
Arizona
Arkansas
California

Unemploymen"t taxes

811,715
860,716
6,952,695
568,887
658,959
123,681
1,102,537

2

592,31*0

1*0,338

553,912
525,282

262,097
196,283

82,083
60,1*92

22,21*1
9,61*1

3,081*,359

1,283,121

626,068
251,302

1*79,970
62,201+

173,516
276,536

87,1*78
908,81+2

11+1,962

55,605
58,739
1,503,035

65,521*

1,213,835
97,605
22,111*
1*76,986

176,762
52,635
1*39,1(80

12,520
318
28,952
91*,

ll*,835

597,118

29,111+

15,811*

2,155,190

1,1+63

13,1*11

9,995,255
823,578

37

761
36,829

16,131*

9,067

2,366,207

1,110,611*

332,233
53,303
1,178,669
32,786
35,183

25,510

173,801+
18

1*3,100

3,897

197,329
256,689
1,591,263
171,563

1I+7

1*,801

11*9,535

3

815
8,703
27,619
1,763
876

89
l+,l+38

5,513
5,319

1,21*8,831*

339,1*75

10,593
75,056

1,162,81*8

991,1*03

63,315
27,138

20,130
11,388

367,037

573,689
191,252

22,511*

South Dakota
Tennessee

228,602

195,1*95

70,996

1,93'*; 900

1,520,369

1*07,319

Texas

8,001,290
1+89,1+1*6

5,81*7,038
1+06,000

220,378

181,852

1,598,261
81*, 783
50,102

2,878,120
2,686,003

1,937,391+
2,176,1*37

1*1*6,085

1,U22,075

1*79,250

1,686,891*

65l*,323

51*0,71*1+

11*2,1+1*6

395,522

1+5

3,1*38,208

2,1+67,1+60
12l+,628

1*93,593

1,961,21*1*

562

1(8,1*70

75,651*

2

502

685,553
9,952

711,616

572,553

102,127

1*61*, 91*0

1,831

3,655

37,1*91

101,572

1+17,821

-112,812
-10,130

-115,096
-10,130

2,281*

507,622

23,011

-971,1+1+2

-971,1*1*2

Utah
Vermont

Virginia
Washington
West Virginia
Wisconsin
Vfyoming

International 5/
Undistributed Federal tax deposits and
depositary receipts 7/
Transferred to Government of Guam 8/.
Withheld taxes of Federal employees 2/
Gasoline, lubricating oil, and excess
PICA credits 10/
Total

153,210

-10,130
-971, W+2

713,912

700,997

700,997

195,11+1,923

137,633,096

29,228,771

ce: Internal Revenue Service.
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
vfithheld from salaries of employees who reside in neighboring States.
2/ Includes old-age, disability, and hospital insurance taxes on selfemployment income
Includes tax on unrelated business income of exempt organizations.
Consists of estate, gift, 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 Paerto Bican products coming into the

1/

5/

6/
7/

8/

2/

10 /

1*,

205, 1*71*
318,1*57

129,696

1,810
15,685
997
1,179
60,125
728

9,110
9,565
2,731
12,062

318,311*
81,81*5

31,731*
285,191*

18,630

12,915

106,800,761

9b3,8:o

fc>3y,753

38,022,993

19,1*85,63'*

United States
Includes District of Columbia collections.
Consists of collections from U. S. ta:<payers in Puerto Rico, Canal
Zone, etc., and foreign countries.
The amount of undistributed Federal tax deposits and 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 (1*8 U.S.C. ll*21h).
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
Secxirity payments under the Federal Insurance Contributions
* Less than $500.
Act (FICA).

I

^ay

1970
13

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
acquire goods or services and are the first of the four
events

— order,

delivery, payment, consumption

terize the acquisition and use of resources.

— which

key-

charac-

In general

of categories which are based upon the nature of
the transaction without regard to its ultimate purpose.
All payments
for salaries and wages, for example, are reported

as personnel
compensation, whether the personal services are used
in current
operations or in the construction of capital items.

they

consist of orders placed, contracts awarded, services received
and similar transactions requiring the disbursement of money.

The obligational stage of Government transactions is a

Federal agencies and firms often do business with one
another; in doing so, the "buying" agency records obligations,
and the "performing" agency records reimbursements.
In

strategic point in gauging the impact of the Government's

Table FO-1, obligations that are incurred within the Government are distinguished from those incurred outside the Govern-

operations on the national economy, since it frequently repre-

ment.

Tables FO-2, 3, and i 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

itself usually causes immediate pressure on the private
economy.

Obligation 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

Bulletin, the data are on the basis of the budget concepts
adopted pursuant to the recommendations of the President's

Obligations are classified according to

a

uniform set

Commission on Budget Concepts.

: )

Treasury Bulletin

14

FEDERAL OBLIGATIONS,
Table FO-1.

-

Gross Obligations Incurred Within and Outside the Federal Government

by Object Class, March

31,

1970

(In millions of dollars)

Gross obligations incurred

Object class

Personal services and benefits
Personnel compensation
Personnel benefits
Benefits for former personnel

U.28O

g.?U2

2,1*09

2,1(09

Contractlial services and supplies
Travel and transportation of persons
Transportation of things
Rent, communications, and utilities

1,053
2,337
1,523
199
16,852

Printing and reproduction
Other services
Supplies and materials

H, 520

Acquisition of capital assets
Equipment
Lands and structxu-es
Investments and loans

8,61*7

1,893
8,821

Grants and fixed charges
Grants, subsidies, and contributions
Insurance claims and indemnities
Interest and dividends
Refunds

21,983
36,126
13,1*61.

ItlB

1,1*71

982
580
175
5,395
6,301

3,319
2,10.i

374
22, 247

20,821

1,191
111

9,838

12

8,833

1,811
19
2,325

23,793

U3I
1,189

-2,725

2,001*

36,11*6

15,789
221

221

Other
Undistributed U.S. obligations
Obligations incurred abroad
Unvouchered

-3,156
5,62lt

6.81I*

6

ft

162,750

Gross obligations incurred 1/

-

185,931*

23,181*

presentation and therefore may differ somewhat from the Budget
document.

Source: Reports on Obligations, Standard Form 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 appropriation action by the Congress. Summary figures on this basis
follow.
(This data is on the basis of Reports on Obligations
received from the agencies prior to reports submitted for Budget

Table FO-2.

28, 192

S8,192
2,038

$l85,93'i

Gross obligations incurred (as above)
Deduct
Advances, reimbursements, other income, etc....
Offsetting receipts

-;0,538

8,736

136,660

Net obligations incurred.

Gross Obligations Incurred Outside the Federal Government by Major Function

and Major Object Class, March

31,

1970

(In millions of dollars)

Major object class
Major fimction

National defense

Personal
services
and
benefits
21,029

Contractual
services and
supplies

Acquisition of capital assets
Equipment

26,568

,185

Lands and
structures

Investments
and loans

Grants
and
fixed
charges

873

116

11*1*

5,160

62,076

1*39

3,626

International affairs and finance

259

21*0

37

3

2,201*

1*1*3

Space research and technology

356

2,131*

68

21

*

*

Agriculture and agricultural resources

1*92

1,963

9

3

1*,186

l*,l*83

2,579
-3,530

7,607

Natural resources

1,061+

716

73

599

120

513

-5

3,081

Gomeerce and transportation

5,385

1,1*73

166

91*

370

3,306

351*

11,11*6

175

65

3

216

1,166

1,536

3

3,165

Community development and Housing

Education and manpower

330

385

8

36

207

5,561

2

6,528

Health and welfare

909

1,321

16

9

13

37,089

1

39,358

1,085

282

1*1*

18

368

5,316

1*6

7,159

1,555

1,337

37

32,639

36,1*83

8,61*7

Veterans benefits and services
Interest
General government
Total

*

Less than $500,000.

1,893

12,993

12,993

70

1*09

3,1*33

8,821

71,793

2,1*71*

162,750

}Aay 1970
15

.FEDERAL OBLIGATIONS.

Treasury Bulletin

16

.FEDERAL OBLIGATIONS.

a

May 1970

17

.ACCOUNT OF THE TREASURER OF THE UNITED STATES,
Source and Availability of the Balance

in the Treasurer's

Account

The working cash of the Treasury is held mainly in

Treasury, banks are permitted to deposit in these accounts

Treasurer's accounts with Federal Reserve banks and branches.

proceeds from subscriptions to public debt securities entered

As the balances in these accounts become depleted,

for their own account as well as for the account of their

they are

restored by calling in (transferring) funds from the tax and

customers.

loan accounts with thousands of commercial banks throughout

The tax and loan account system permits the Treasury to

the country.

leave funds in banks and in the coraraunities in which they arise

Deposits to tax and loan accounts occur in the normal

until such time as the Treasury needs the funds for its opera-

course of business under a uniform procedure applicable to all

tions.

banks whereby customers of banks deposit with them tax pay-

effect of its fluctuating operations on bank reserves and the

ments and funds for the purchase of Governraent securities.

economy,

In most cases the transaction involves merely the transfer of

money from a customer's account to the
the same bank.

teix

A detailed description of the Treasury's depositary system

and loan account in

may be found in the Annual Report of the Secretary of the

On occasions, to the extent authorized by the

Table TUS-1.

-

In this way the Treasury is able to neutralize the

Treasury for 1955, pages 275-28^.

Status of the Account of the Treasurer of the United States
(In millions of dollars)

Balance in
account of
Treasurer
of United
States

Treasury operating balance
End of
fiscal year
or month

Silver
balance,
coinage
metal
coin, and
currency

In Federal

Available
funds in
Federal
Reserve
banks

Tax and loan
accounts in
special
depositaries

Gold
balance
in
Treasury

Total
operating

i08
612
806
939
672
766
1,311
1,074
1,258

5,453
8,815
10,324
9,180
10,689
10,050
4,272
4,113
4,525

109
121
120
120
108
102
112
111
112

5,969
9,548
11,251
10,238
11,469
10,917
5,695
5,298
5,894

179
147
136
145
534
775
1,159
768
553

93
62
86
104

1968-Dec.

703

3,885

111

4,700

620

1969 -Apr.

950

7,105
4,976
4,525

111
112
112

8,166
5,708
5,894

U2

1961.
1962.
1963.
1964.
1965.
1966.
1967.
1968.
1969.

May.
June.

621
1,258

July.
Aug..
Sept.
Oct..
Nov.

935
894
1,003

4,c30
3,020
5.5rT'

li2

954
980
1,312

4,402
5,335
3,903

112
112
112

1,127
915
1,192

5,188
?,592
5,630

112
111
111

1,781*

5,123

Dec.
1970- Jan.
Feb..

Mar..
Apr..

112

111

Unclassified
collections,
etc,

Reserve
banks in
process of
collection

Liabilitie.

In other
depositaries

Total
assets

1/

6,694
10,430
12,116
11,036
12,610
12,407
7,759
6,694
7,104

75
79

352
393

335
441
313
360
320
252
266
190
158

6,769
10,509
12,116
11,036
12,610
12,407
7,759
6,694
7,104

151

183

117

5,770

591
581
553

124
79
104

,048
219
393

149
91
158

10,079
6,677

10,079
6,677

7,104

7,104

5,677
4,026
6,634
5,468
6,426
5,327

559
555
533
535
520
505

125
116
97
98
170
il9

226
169
231
246
205
204

64
32
162
82
115

6,650
4,898
7,657
6,429
7,436
6,241

6,650
4,898
7,657
6,429
7,436

6,427
6,6x8

487

147
183
129
186

7,593

416
390

409
288
289
8l6

7,593

6, 931*

125
118
107
8U

7,019

Source:
Daily Treasury statement.
Postal
1/ Includes reserves and other deposits of the Board of Trustees,
Savings System, and uncollected items, exchanges etc., through
December 1962.
Effective January 1963 balances of the Postal Savings

64

70
74 2/
58
55

l*Ul

,

System funds were transferred to deposit fund accounts and became
Balances of these funds, theredemand obligations of the Treasury.

222
303
342
234
233
370
577

86

5,770

6,2a

7,61(9

7,61*9

7,875

7,875
8,U95

8,1*95

of the
fore, are no longer liabilities within the general account
Uncollected items, exchanges, etc., also previously shown
Treasurer.
collections, etc."
as liabilities were combined with "Unclassified
shown under assats.
^
,,.
uncollected items,
of
net
Amounts shown, beginning January 1963, are
included under liabilities.
exchanges, etc. Previously these items were
.

2/

Treasury Bulletin

18

.ACCOUNT OF THE TREASURER OF THE UNITED STATES.
Table TUS-2.

Analysis of Changes

-

in

Tax and Loan Account Balances

{In millions of dollars)

Credits

Balance

During period

Proceeds from sales of securities 1/
Fiscal year
or month

1961
1962
1963
196i
1965
1966
1967
1968
1969

Savings
bonds
and
savings
notes 2/
2,787
2,725
2,699
2,760
2,635
2,704.

2,783
2,673
2,599

1969-Apr.
May..
June.
July.
Aug..
Sept.
Oct..
Nov.

Dec.
1970- Jan. .
Feb..
Mar..
Apr..

216

Retirement
plan and
tax and
loss
bonds 3/

WithTax-

anticipation
securities

7,613
5,898
2,963

2,340
7,368
7,643
9,538
10,408

Other

Withheld,
excise,
and corporation 4/

Inc ome

(

special
arrangement) ^/

by

Total
credits

drawals

End of
period

High

Low

Average

}Aay 1970

19

.ACCOUNT OF THE TREASURER OF THE UNITED STATES.
Table TUS-3.

-

Summary

of

Cash Transactions through the Account
United States

of the Treasurer of the

(In millions of dollars)

Net cash transactions other than borrovring

Fiscal year
or month

Deposits and withdrawals (budget
and other accounts)
Cash
deposits

Cash withdrawals 1/

Excess of deposits,
or withdrawals (-)
-877
-6,278
-4,023
-2,485
-931
-1,095
-1,555
-19,495

Clearing
accounts

Total net
transactions

Net cash borrowPlus:
ing, or repayment of

borrowing (-)

Treasurer's
account balance, increase, or decrease (-

Equals:

2/

-584
-1,075
654
-2,095
-1,928

-1,337
-5,018
-2,984
-3,975
-1,515
-2,171
-901
-21,590
-1,684

76
8,755
4,670
2,895
3,089
1,968
-3,747
20,525
2,094

-1,311
3,736
1,686
-1,080
1,575
-203

-510
1,259
1,039
-1,491

121,562
125,464
141,095
163,036
165,086
201,735

97,774
112,188
118,477
124,047
126,395
142,191
164,591
184,581
201,491

1969-Apr
May
June

22,786
15,566
24.515

17,286
17,329
16,505

-1,764
8,010

-51
-496
-710

5,450
-2,260
7,300

-1,151
-1,142
-6,874

4,299
-3,402
426

July
Aug
Sept
Oct
Nov

837
317
997

-4,283
-2,817
715
-7,318
-604
-835

-329
-1,576
1,646
747
-1,204
988

-4,613
-4,393
2,361
-6,571
-1,808
153

4,160
2,640
398
5,343
2,815
-1,348

-453
-1,753
2,759
-1,228
1,008
-1,195

,6d4

18,170
19,135
20,282
20,612
15,854
18,499

,200

17,278
18, 91*6

-333

842
-1,605

,388
53':'

17,823
18,186

921
-1,272
-2,934

-80

,071.

169,701

l81*,78U

96,897
105,911

1961
1962
1963
1964
1965
1966
1967
1968
1969

1U,454

Dec

1970-Jan
Feb
Mar
Apr
Fiscal 1970 to date

,2^3
.250

,

243

5,501

-

409

-3,068
lt,905

-1*,285

1,352
56
226
620

3,3ltU

-134
1,561

510
1,660
3,294

-15,083

1,287

-13,796

15,187

1,391

Actual figures are based on the daily Treasury statement. Figures
Source:
from those
in the first four columns of this table may differ somewhat
originally published in the daily Treasury statement because of subsequent reclassification of certain transactions.

Table TUS-4.

-4,648
-1,065

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.

Gold Assets and Liabilities of the Treasury
(In millions of dollars)

End of calendar year or month

Liabilities:
Gold certificates.

Gold assets 1/

etc.

1961
1962
1963
1964
1965
1966
1967
1968
1969

1969-Apr.
May.

Nov.
Dec.

1970-Jan.
Feb.
Mar.
Apr.

Money through 1965; daily
Circulation Statement of United States
Treasury statement thereafter.
ct.M 1 i nation
Exchange Stabilization
Treasury gold stock; does not include gold in
Table Ui-l.
See "International Financial Statistics,"
Fund.
and in F«<l«^^/^^^7"
Comprises gold certificates held by the public
Reserve System, ^^ gold
Ban^s, the gold certificate fund - Federal
Monetary f^"^;
deposited by and held for the International
United
/S,^"!^^^"
million against
March 1968 also Includes (1) reserve of $156

16,771
15,852
15,393
15,231
13,626
13,041
11,870
10,256
10,256

118
126
120
157
107
118
112
111
112

10,367
10,367
10,367

10,256
10,255
10,255

111
112
112

10,367
10,367
10,367
10,367
10,367
10,367

10,255
10,255
10,256
10,256
10,256
10,256

2/

112
112
112
112
112
112
112
111
111
111

11,256
11,256
11,256
11,256

11,367
11,367
11,367
11,367

__
of 1890 and
30, 1961, Treasury notes
States notes and through June
Reserve notes (Pursuant to P.L.
Federal
fund
(2) the redemption
this fund was combined with gold
9^269 approved March 18, 1968,
certificate ^nd - Federal R-^r'^f^n
Ion increase in its gold

Source:

1/

2/

16,889
15,978
15,513
15,388
13,733 J/
13,159
11,982
10j367
10,367

Jxine.

July,
Aug..
Sept,
Oct.

Balance of gold in
Treasurer's account

2/
1965
P.L. 89-31, approved June 2,
1965.

(.79

btat.

ii-^}

20

Treasury Bulletin

.MONETARY STATISTICS,
Table MS-1.

-

Money

in Circulation

(in millions of dollars except per capita figures)

Currencies presently
being issued 1/

Currencies no longer issued
End of
fiscal year
or month

Federal
Reserve
bank
notes

National
bank
notes

92
85
78

1961
1962
1963
1964
1965

1966
1967
1968
1969

1968- Deo.

58

1969-Mar.
Apr.
May.
June

58

July
Aug.

Sept
Oct.
Nov.
Deo.

19T0-Jan.

56
56
56

Feb.

Mar.

321
302
303
300
2QQ
294

29,943
31,117
32,592
34,529
36,058
38,290
40,071
42,331

310

44,653

45,270

305
300
298
294

43,218
43,344
44,0b6
44,547

43,830
43,950

20
20

224
223
223
223

20
20
20
20
20
20

223
222
222
222
222
221

293
293
293
292
292
292

U,695
45,013
44,862
45,206

45,293
45,611
45,459
45,801

1*6,1431

1*7,026

^7,334

47,929

20
20
20

221
221
221

292
293
293

1*5,321
1*5,1*50

1*5,915
U6,0U1*

46,079

46,673

.^1
.^1

4

20

4

21
20

57
57
57
56

56

Reserve
notes

^

36
36
18
18
4

2,094
2,009
1,847
1,723
829
582
395
225
223

1
1
1
1

End of

fiscal year

Standard
silver
dollars

Total
currencies

27,316
28,586
30,274
32,338
34,820
37,315
39,289
41,722
44,547

?1

57

Treasury
notes of
1890

318
318

30
29
20
19
13
4
4

37
36

57
57

F'eiieral

Federal
Reserve
notes

53

59
57

Silver
certificates

United
States
notes

54

73
68
64
61

Gold
certificates 2/

Total
coin

Fractional
coin

319

Total
money in
circulation

^

^

45.

U,669
45,146

Money in
circulation
per capita
{

in dollars) 6/

176.45
180.98
187.30
196.41
204.14
216.10
224.55
236.82
250.65

482
482
482
482
482

2,133
2,293
2,466
2,723
3,180
3,782
4,160
4,827
5,308

2,462
2,652
2,878
3,205
3,662
4,264
4,641
5,309
5,790

32,405
33,770
35,470
37,734
39,720
42,554
44,712
47,640
50,936

1968 -Dec.

482

5,209

5,691

50,961

251

1969-Mar.

482
482
482
482

5,163
5,211
5,248
5,308

5,645
5,692
5,730
5,790

49,475
49,642
50,399
50,936

244.06
244.68
248.21
250.65

482
482
482
482
482
482

5,345
5,368
5,395
5,428
5,483
5,539

5,827
5,849
5,877
5,909
5,965
6,021

51,120
51,461
51,336
51,710
52,991
53,950 2/

251.32
252.74
251.87
253.47
259.53
261*. 00

U82

5,501*

5,506
5,546

5,986
5,988
6,028

51,901
52,032
52,701

253.78

1*82

1961

329

1962
1963

360
411
482

1964
1965
1966
1967
1968
1969

Apr.
May.

June
July
Aug.

Sept
Oct.
Nov.
Deo.

1970 -Jan.
Feb.
Mar.

482

Source:
Circulation Statement of United States Money through December 1965;
thereafter. Statement of United States Currency and Coin.
Excludes
gold certificates. Series of 1934, which are issued only to
1/
Federal Reserve banks and do not appear in circulation.
2/ Issued prior to January 30, 19341/ Issued prior to July 1, 1929.

^
^
6/
7/

U6

.'/7

S5't.23r

257.29

Issued on and after July 1, 1929.
Excludes money held by the Treasiory 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 1960, Hawaii.
Highest amount to date.
Less than $500,000.
Revised.
r

}Aay 1970
21
.

FEDERAL DEBT.

Table FD-1.

Summary

-

of Federal

Debt

(In millions of dollars)

Securities held by;

Total outstanding

End of
fiscal year
or month

1961
1962
1963
1964
1965
1966
1967
1968
1969

Government accounts

Public
debt
securities

Total

Total

326,609
3^3,284
344,676
371,978
367,969

288,971
298,201
305,860
311,713
317,274
319,907
326,221
347,578
353,720

6,477
7,927
8,123
8,631
9,335
13,377
18,455
24,399
14,249

54,291
54,913
56,345
59,210
61,540
64,734
73,819
79,140
37,661

53,687
54,255
55,638
58,598
61,071
64,316
71,809
76,138
84,815

373,092

358,029

15,o6U

79

Ms

374,630
373,041
374,502
367,969

359,546
358,466
360,065
353,720

15,134
14,575

372,577
374,923
374,778
373,439
382.017
382,045

357,012

381,327
381,313

320,

1968 -Dec.

1969 -Mar.
Apr.
May.

June

July
Aug.
Sept,

Oct.
Nov.
Deo.

1970 -Jan.
Feb..
Mar.

Public
debt
securities

securities

295,448
306,128
313,983

,

r.gency

3U

381*, 991*

-

604
663
707
611
469
463

The public

Total

1/

Public
debt
securities

Agency
securities

,010
,001
,346

2,554
2,837
3,176
3,581
3,455
3,310
3,323
2,209
825

238,604
248,373
254,461
257,553
261,614
264,690
267,529
290,629
279,433

232,731
241,109
247,046
249,533
252,748
251,782
251,034
269,231
268,080

5,373
7,264
7,416
8,020
8,866
12,909
16,445
a, 398
11,403

76,567

2,81)5

1,825

291,855

279,636

12,219

U,437
U,249

81 845r
82,659
85,605
87,661

78,998r
79,803
82,733
84,815

2,846
2,855
2,372
2,346

325
825
325
825

292,010r
289,557
288,072
279,483

279,722r
277,837
276,507
268,080

12,233
11,719
11,565
11,403

360,685
364,394
368,112
368,226

15,565
14,736
14,093
14,045
13,905
13,820

87,832
89,499
89,729
89,003
89.386
91,927

84,995
86,646
86,932
86,142
87,023
89,042

2,337
2,853
2,797
2,861
2,863
2,885

325
325
825
325
825
825

283,921
284,599
284,224
288,612
291,306
289,294

271,192
272,716
272,923
277,427
230,265
273,359

12,728
11,333
11,296
11,185
11,042
10,935

367,572
368,847
372,007

13,755
12,966
12,987

91,U02

88,58l»

289,100

278,163

10,937

89,447
90,368

2, 818
2,580
2,526

825

92,027
92,894

825
825

288,961
291,275

278,574

10,336
10,U6l

360, 187

,

Source:
Daily Treasury statement and monthly statement of receipts and
expenditiires of the Government.
1/ Represents non-interest bearing public debt securities issued to the
International Monetary Fund, and prior to FY 1967 to the International
Development Association, and the Inter-American Development Bank in
recognition of U.S. Government subscription commitments. Since June

Table FD-2.

Agency
securities

IMF & Inter,
national
lending organizations

Computed

Interest Charge and

1/

280,8llt

1965 letters of credit have been issued in lieu of the special notes.
All outstanding notes have been converted to letters of credit with
the exception of those for IMF.
Includes holdings of Federal Reserve banks.
Revised.

Computed

Interest Rate on Interest-Bearing Public

Debt

22

Treasury Bulletin
.FEDERAL DEBT.
Table FD-3.

-

Interest-Bearing Public Debt

{In millions of dollars)

Public issues

Marketable

Total
interestbearing
public
debt

Total
public
issues

1961
1962
1963
1964
1965
1966
1967
1968
1969

285,672
294,442
301,954
307,357
313,113
315,431
322,286
344,401
351,729

240,629
249,503
257,153
260,729
264,463
264,311
266,131
284,874
284,940

1968-Dec.

355,149

1969-Apr.
May.
June

July

End of
fiscal year

Aug.

Sept
Oct.
Nov.
Deo.

1970- Jan.
Feb.

Mar.
Apr.

Nonraark etabl

Certif-

Total

Treasury
bonds

savings
bonds

Bills

icates

Notes

187 148
196,072
203,508
206,489
208,695
209,127
210,672
226,592
226,107

36,723
42,036
47 230
50,740
53,665
54,929
58,535
64,440
68,356

13,338
13,547
22,169

56,257
80,830
65,464 75,025
52,145 81,964
67,284 88,464
52,549 102,481
50,649 101,897
49,108 97,418
71,073 91,079
78,946 78,805

53,481
53,431
53,645
54,240
55,768
55,183
55,459
58,282
58,833

,514
,607
,314
,299
,043

296,003

236,812

75,012

76,483

85,317

356,557
358,194
351,729

294,223
293,289
284,940

234,968
234,097
226,107

75,339
75,336
68,356

78,192
78,942
78,946

355,122
358,329
358,818
362,420
366,263
366,221

288,354
289,938
289,917
294,365
296,985
295,213

229,581
231,230
231,203
235,029
237,919
235,863

71,863
73,974
73,972
78,990
81,914
80,571

365,620
366,858
369,963
365,099

295,503

236,321
235.968
238,195
233,998

81,081
81,171
83,729
79,657

,

295.1*33

297,889
293,339

,

1,652
5,610

Treasury
bonds
investment
series

U.S.

Total

Depositary
bonds

117
138
103
103

,711

5,830
4,727
3,921
3,546
3,256
2,692
2.589
2,516
2,459

59,192

51,917

81,438
79,819
78,805

59,255
59,193
58,833

78,948
78,514
78,519
85,414
85,414
85,414

78,770
78,742
78,712
70,625
70,591
69,878

85,408
91 360
91,368
91,285
,

Foreign
series
securities 1/'

Foreign
currency
Other
series
i/
securities 2/

Spec ial
issues

19

45
30
28

860
648
392
1,132
817
624
2,001
1,703

75
630
832
1,137
957
890
1,740
2,367

68
141
137
97
282
564

45,043
44,939
44,801
46,627
48,650
51,120
56,155
59,526
66,790

2,487

30

2,114

2,230

a4

59,146

51,747
51,762
51,711

2,464
2,463
2,459

28
27
28

2,085
2,039
1,703

2,a7
2,367
2,367

513
535
564

62,334
64,905
66,790

58,773
58,708
58,714
59,336
59,066
59,350

51,633
51,583
51,530
51,516
51,512
51,549

2,457
2,457
2,452
2,429
2,428
2,426

25
25
25
24
24

1,643
1.627
1.568
1,932
1,792
1,765

2,320
2,220
2,220
2,195
1,996
1,996

695

796
919
1,239
1.314
1,587

66,768
68,391
68,901
68,055
69,278
71,008

69,832

59,182

2,424

2,285

63,'*37

59, 'es

51,448
51,398
51,325
51,285

1,390
1,390
1,420
1,366

1,608
1,625
1,638
1,638

63,098
63,056

59,694
59,341

,537
,213
,712

2,1*20

2,412
2,408

59

44

26
26
26
26
26

a, 606

2,873
2,620

25
29

70,117
71,1*25

72,074
71,760

_L
Source:
Daily Treasury statement.
1/ Consists of certificates of indebtedness. Treasury notes beginning
J/
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 indebtedness; Treasury bonds beginning October 1962j and Treasury notes beginning

Table FD-4.

-

November 196b issue! and payable In designated foreign currencies.
Includes Treasui-y binds. Rural Electrification Administration series
beginning July i9bO; retirement plan bonds beginning January
1963;
Treasury certificates beginning June 1963; Treasury bonds beginning
January 1964; and U. S. savings notes beginning May 1967.

Maturity Distribution and Average Length of Marketable Interest-Bearing Public Debt

V

(In millions of dollars)

Maturity classes
End of
fiscal year
or month

Amount
outstanding

10

years

58,400
57,041
58,026
65,453
56,198
60,933
71,424
64,470
62,770

26,435
26,049
37,385
34,929
39,169
33,596
24,378
30,754
34,837

10,233
9,319
8,360
8,355
8,449
8,439
8,425
8,407
8,374

10,960
15,221
14,444
16,328
17,241
17,023
16,797
16,553
16,217

yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.
yrs.

108,611

68,260

35,130

8,396

16,415

4 yrs.

234,968
234,097
226,107

101,159
111,855
103,910

73,407
62,769
62,770

35,726
34,837
34,837

8,386
8,379
8,374

16,291
16,257
16,217

3

229,581
231,230
231,203
235,029
237,919
235,863

107,416
112,618
112,616
109,550
120,144
118,124

62,763
69,519
69,522
74,762
73,305
73,302

34,837
24,553
24,553
26,247
20,026
20,026

8,372
8,370
8,367
8,363
8,360
8,358

16,194
16,170
16,145
16,107
16,083
16,054

236,321
235,968
238,195
233,998

118,633
117,796
121,272
117,148

73,294

20,026
19,329
19,329
19,329

8,354
10,557
10,551
10,542

16,014
11,182
11,155
11,124

years

187,148
196,072
203,508
206,489
208,695
209,127
210,672
226,592
226,107

81,120
88,442
85,294
81,424
87,637
89.136
89,648
106,407
103,910

236,812

1969-Apr.
May.
June.
July.
Aug.
Sept.
Oct..
Nov.

1961
1962
1963
1964
1965
1966
1967
1968
1969
1968-Dec..

.

.

Dec.
1970-Jan.
Feb.
Mar.
Apr.

Average length

5-10
years

Within
1 year

1 -

5

77,101*

75,889
75,355

Source:
Office of Debt Analysis in the Office of the Secretary.
1/ All issues are classified to final maturity except partially tax-exempt

-

20

20 years
and over

6 mos.
11 mos.
1 mo,

mo.

4 mos.
11 mos.
7 mos.
2 mos.
mo.

May 1970

23

FEDERAL DEBT.
Table FD-5.

-

Special Public Debt Issues

(In millions of dollars)

End of
fiscal year
or month

Total

Exchange
stabilization
Fund

Federal
Deposit
Insurance
Corporation
556
500
260
270
312

Federal
Disability
Insurance
Trust
Fund
2,299
2,304
2,165
1.903
1,563
1,150
1,376
1,891
3,042

1961.
1962.
1963.
196i.
1965.
1966.
1967.
1968.
1969.

^5,043

1968- Dec.

59.146

31

1969-Apr.
May.
June.

62,334
64,905
66,790

263
124
120

2,726
2,937
3,042

July.
Aug..
Sept.
Oct..
Nov.

66,768
68.391
68,901
68,055
69.278
71,008

121
162
142
100
133
138

3.069
3,183
3,285
3,276
3,271
3,423

70,117

200

3,417

U,939
44,801
if., 527
48,650
51,120
56,155
59,526
66,790

Dec.
1970-Jan.
Feb..
Mar.
Apr..

71, 1*25

72,074
71,760

108
292
232
560
833
722

57
85

174
120

3,838
3,924

Federal
home
loan
banks

Federal
Old-Age
and
Survivors
Insurance
Trust Fund

Federal
Savings
and Loan
Insurance
Corporation

Federal
employees'
retirement
funds

Government
Life
Insurance
Fund

Highway
Trust
Fund

1,071
1,028
1,003
956
933
938
8I4
876
842

234
436
678
609
265
238
722
978
1,513

138
182

152
52

16,200
15,074
14,221
14,799
15,261
14,403
17,840
19,221
21,986

73

10,414
11,382
12,438
13,530
14,577
15,189
15,569
15,668
17,354

52

19,025

40

15,974

8i6

52
52

20,624
22,067
21,986

73

16,450
16,500
17,354

824
818
842

17,510
17,592
17,643
17,697
17,737
17,868
17,969
18,016
18,058
18,007

50

74
372
82
100

924
52

52

132
122
96
539
331
157
260
138

110

98
332
287
223
3

36

21,973
22,578
23,128
22,754
22,970
23,718

9
18

23,361
23,653
24,473
24,412

49
77
82

8

44
60

85

National
Service
Life

Railroad
Retire-

Insxirance

ment
Accounts

Fond
5,759
5,804
5,714
5,783
5,909
6,113

Unemployment
Trust
Fund

Other

5,856
5,754

3,504
3.316
2,786
2,969
3,123
3,277
3,339
3,303
3,434

4,625
4,657
4,803
4,931
5,799
7,075
7,785
8,807
9,957

2,552

5,607

3,015

9,470

2,050

1,208
1,470
1,513

5,589
5,573
5,754

2,813
2,788
3,434

9,216
9,962
9,957

2,528
2,513
2,562

835
829
823
817
811
805

1,577
1,780
1,694
1,560
1,868
1,953

5,765
5,761
5,765
5,752
5,743
5,759

9,902
10,409
10,381
10,293
10,570
10,575

2,572
2,597
2,584
2,501
2,381
3,027

800
79h
787

1,992
2,l8U
2,241

5,751
5,791
5,753

3,384
3,350
3,326
3,200
3,211
3,235
3,109

2,914
2,828
2,854

782

2,346

5,741

10,398
10,679
10,355
10,102

5,7U

3,l81t

3,140

3,024

192
182
155
172
287
974
,994
,841

2,901

Medical Insurance Trust Fund beginning July 1966; Export-Import bank of
the United States from February 1967 - October 1958; Employees Life
Insurance Fund from June 1969 - January 1970; and Servicemen's Group
Life Insurance Fund beginning August 1959.

Daily Treasury statement.
Source:
Postal Savings System through 1962; various housing
1/ Consists of:
insurance funds through 1966; Veterans' Special Term Insurance Fund;
Hospital
Veteran's Reopened Insurance Fund heginnlng May 1965; Federal
Insurance Trust Fund beginning Februaiy 1966; Federal Supplementary

Footnotes to Table FD-2

Source:
On the basis of the daily Treasury statement.
Note:
The computed annual interest charge represents the amount of
interest that would be paid If each interest-bearing issue outstand-

for a
ing at the end of each month or year should remain outstanding
comyear at the applicable annual rate of Interest. The charge is
rate
Interest
annual
puted for each issue by applying the appropriate
borrowed
to the amount outstanding on that date (the amount actually
in the case of securities sold at a premium or discount, beginning
issues
with May I960). The aggregate charge for all interest-bearing
constitutes the total computed annual interest charge. The average

1/
2/

annual interest rate is computed by dividing the computed annual
Interest charge for the total, or for any group of issues, by the
corresponding principal amount. Beginning with data for December 31,
for
1958, the computation is based on the rate of effective yield
based
issues sold at premium or discount. Prior to that date it was
on the coupon rate for all issues.
value is
Included in debt outstanding at face amount, but discount
rate.
used in computing annual interest charge and annual interest
applied against
On United States savings bonds the rate to maturity is
the amount outstanding.

Revised

Treasury Bulletin

24
.FEDERAL DEBT.
Table FD-6.

-

Interest-Bearing Securities Issued by Government Agencies
(In millions of dollars)

End of
fiscal year

1961
1962
1963
1964
1965
1966
1967
1968
1969

6,^77
6,927
8,123
8,631
9,335
13,377
18,455
24,399

1968-Dec..

15,064

1969-Mar.
Apr.
May.
June.

15.134

U,249

.

July.
Aug..
Sept.
Oct..
Nov.

Dec.
1970- Jan.
Feb.

Mar.

1/

}Aay 1970

25

FEDERAL DEBT
Table FD-7.

-

Participation Certificates

(In millions of dollars - face amounts)

Agriculture
Department
Fiscal year
or month

Participation certificates issued by GNMA acting as trus

Export- Import Bank
of the United States

Sales

Retire- Outments
standing

Sales

300
250
373
450
761

1962
1963
196i
1965
1966
1967
1968
1969

.411 2/
570

1969-Mar
Apr.

.

.

July.

.

Aug
Sept.
Oct
Nov.
Dec
.

.

.

1,878 i/
303

^35
1,119
62
102
7b
•i5

1970 -Jan
Feb

.

.

,U3
627
565
io3
388
3^2

i/|

2,U6

1,9;5

Sales

300
1,840
2,900
3,250
1,330

Retire-

ments

Outstanding

30
180
180
630

300
2,110
4,830
7,900
8,600

535
369

2,183
1,814

38

470

1

1,868
1,?60
1.85Q

45

1.81,i

70

27
15
12

1,787
1,772
1,760
1,758
1,757
1,757

70
-35
450

2
1

1,755
1,749
1,745

Mar ....
Fiscal 1970
to date.

255
398
650

Outstanding
300
520
827
1,022
1,385

30
66

8

.

May
June.

Retire-

ments

Farmers Home
Administration 1/

Total

Commodity Credit
Corporation

30
25

9,140
8,670
8,670
8,600
8,530
8,565
8,115
8,115
8,085
8,060

8,060
7,410

Retirements

600
525
225

Out-

standing

600
I84

I84

123

.

Treasury Bulletin

26
.FEDERAL DEBT.
Table FD-8.

-

Debt Subject

to Statutory Limitation

(in millions of dollars)

Interest bearing debt
subject to limitation

Total outstanding subject to limitation

End of fiscal year
or month

Statutory
debt
limit

Public debt
securities

Agency securities
& debt of District
of Columbia

District of
Public debt Agency
securities securities Columbia l/
20
20
20
20
20
20
20
20
20

Matured debt and debt bearing no interest
subject to limitation

Public debt
securities

1961.
1962.
1963196U.
1965.
1966.
1967.
1968.
1969.

293,000
300,000
307,000

288,862
298,212
306,099

288,622
297,768

2 1*0

285,672

220

1*1*1*

291*,

1(1(2

l(2l(

305,1*92

312,151+

000
328,000
336,000
358,000
377,000

317, 581

311,351
316,991

507
813

301,951*

32lt,000

590

307,357
313,113

586
792
569

320,102

319,61*1

1*62

315,1*31

1(1(1

326,1(71
350,71*3

325,959

322,286

356,932

31*6,925
353,081*

512
,819
,81*7

351,729

3,798 2/
3,827

1968-Dec.

365,000

361,21*2

357,390

3,852

355,11*9

3,832

1969-Apr..
May.

377,500
377,000
377,000

361,679
363,277
356,932

357,829

3,850

356,557

359,1*29
353,081*

3,81*9

358,191*

20
20

3,8U7

351,729

3,830
3,828
3,827

20

1,355

360 ,228
363 ,1*02
363 ,898
367 ,607
370 ,322
371 1*35

356,377

Aug..
Sept.
Oct..
Nov.
Dec.

377,000
377,000
377,000
377,000
377,000
377,000

3,851
3,850

20
20
20
20
20
20

1,255
1,223
1,232

1970- Jan.
Feb..
Mar.
Apr,.

377,000
377,000
377,000
377,000

370 781*
371 ,385
'ilk 520
369 705

20
20
20

1,319
1,356
1,412
1,463

321*,

June.

July.

Source:

1(92

31*1*, 1*01

360,051
363,760

3,81*8

355,122
358,329
358,818

3,81*7

362,1(20

367,1*79
367, 592

3,81*1*

356,263
355,221

3,831
3,830
3,827
3,827
3,823
3,822

365,620
366,858
369,963
365,099

3,825
3,151
3,125
3,123

359, 552

3,81(2

366,939

3,81*5

368,211*

3,171
3,145
3,1A3

371,375
365,562

Daily Treasury statement.

Note:
For debt subject to limitation for fiscal years 1940-1960 see table
21 of the Statistical Appendix to the Annual Report of the Secretary
For a
of the Treasury on the State of the Finances for fiscal 1968.
summary of legislation on debt limitation under the Second Liberty

1/
2/
»

Agency
securities

2,950
3,326
3,538
3,995
3,878
I*, 210
3,673
2,521*

1,355
2,21*1

20

1,272
1,231*

1,31*0

1,216
1,371

Bond Act and the amounts of limitation see table 31 of the Statistical
Appendix.
District of Columbia Armory Board Stadium Bonds.
Includes $3,250 million in participation certificates.
Less than $500,000.

May 1970
27

.FEDERAL DEBT.
Table FD-9.

-

Status and Application of Statutory Limitation

The Second Liberty Bond Act (31 U.S.C. 757b), as
amended
of April 7, 1969 (Public Law 91-8), 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 $365 billion outstanding at aiy one time.
Public
Law 91-8 also provides that beginning April 7, 19&9, and ending
June 30, 1970, the public debt limit shall be temporarily in-

creased by |12 billion to $377
billion.
In addition, the Act provides that
the face amount of
beneficial interests and participations issued
under section
^^"^ Federal Natianal Mortgage Association
Charter Act
Q
Mo
II
U2 U.S.C. 1717(c)) during the fiscal year 1968 and outstanding
at any time shall be added to the amount
otherwise taken into
account in determining whether the requirements
of the above
previsions are met.

ty the Act

Part A.

-

Status Under Limitation April
(In millions

ol"

30, 1970

dollars;

The statutory dett limit established by the Second Liberty Bond Act a" amended
'
(31 U.6.C. 757b)

Amounts outstanding subject to statutory debt limitation:
U.S. Government securities issued under the Second Liberty Bond Act, as amended
Debt of U.S. Government agencies
Participation certificates (12 U.S.C. 1717(c))
'...'.'.'/.'.'.'.'.....'.'..'.'.'.'....'.'..'.'..'..'..
Total amount outstanding subject to statutory debt limitation

377,000
iftf,

<;ftp

5ii
2 600

369,705

Balance issuable under limitation
i95

Part B.

-

Application of Statutory Limitation April 30, 1970
(In millions of dollars)

Classification

public debt:
Interest-bearing debt:
Public issues marketable:
Treasury bills
Treasury notes
Treasury bonds

Total
outstanding

—

Total public issues

—^marketable

79,657
91,285
63,056
233,

—

Public issues nonmarketable
Certificates of indebtedness:
Fore ign series
Foreign c\irrency series
Treasury' notes:
Foreign series
Foreign currency series
Treasury bonds:
Foreign series
Treasury bonds
Treasury certificates
U.S. savings bonds
U.S. savings notes
U.S. retirement plan bonds
Depositary bonds
Treasury bonds, R.E.A. series
Treasury bonds , investment series
Total public issues

—nonmarketable

Special issues to Government agencies and trust funds
Total interest-bearing debt

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
Silver certificates
Other debt bearing no interest
Total debt bearing no interest

Total public debt

Debt of U.S. Government agencies:
Interest-bearing debt
Matured debt on which Interest has ceased
Total debt of U.S. Government agencies
Total public debt and debt of U.S. Government agencies

Deduct debt not subject to limitation
Add participation certificates

Total subject to limitation

£06
150

1,760
1,216
54
75

790
51,285
718
39
26
16
2.403
^3

Treasury Bulletin

28
.FEDERAL DEBT_
Table FD-10.

-

Treasury Holdings of Securities Issued by Government

Corporations and Other Agencies

}Aay 1970
29

.PUBLIC DEBT OPERATIONS
Table PDO-1.

-

Maturity Schedule of Interest-Bearing
Marketable Public Debt Securities
Other than Regular Weekly and Annual Treasury
Bills

Outstanding April

30, 1970

(In milliona of dollars)

Amount of maturities

tear
and
month
of final

Held b7 2/

Description

naturitj

Total

1/

U.S. Govt,
accounts and All
Federal Re- other
serve banks Investors

Amount of maturities

Tear
and
month
of final
maturity
1/

Held by 2/

Description
Total

D.S. Govt.
accoTints and

Federal Reserve banks

All
other
investors

1 >•-!

Feb.

1970
May...

Note
Note

5-5/8^
6-3/8)5

June

. ,

7.204^
7.975?
(

Bill
Bill
Tax ant .

5/15/VO-B

5A5/70-C

6/22/70

7,793
8,764

/3,004'l

5,397
6,204

364

Vl.504/

]

5-3/8?
7-3/4".

Note
Note

2/15/71 -C
2/15/71-D

2,509
2,924

173

2,288
2,751

2-1/2?

Bond

3/15/66-71

1,220

207

1,013

1-1/2?

Note

4/1/71-EA

35

5-1/4?
3?

Note
Note

5A5/71-A
5A5/71-E

4,265
4,173

709

8-1/4?
4?

Note
Bond

8/15/71-F
8/15/71

2,252
2,806

331
606

1-1/2:S

Note

10/1/71-EO

72

5-3/8?
3-7/8?

Note
Bond

11/15/71-B
11/15/71

1,734
2,760

297

1,437

518

2,242

24,749

4,951

2A5/72

2,006
2,344

427
292

2,396
2,560

4,144

May

Aug

Aug

6-3/8?
i%

Sept.

6.177?

Note
Bond

Bill
(Tax ant.

8/15/70-D
8/15/70

2,329
4,129

9/22/70

1,758

399
462

1-1/2?

5?

Note

Note

Total.

10A/70-E0

1,740

11A5/70-A

113

7,675

37,070

113

1,632

14,477

197^
Feb..

2,376
3,464

1,9a
2,200

72

19,798

4-3/4?
4?

Note
Bond

Apr.

1-1/2?

Note

-

4/1/72-EA

34

Uay..

4-3/4?

Note

-

5/15/72-B

5,310

2,906

2,404

2-1/2?

Bond

-

6/15/67-72

1,239

122

1,117

4?

Bond

8A5/72

2,579

532

2,047

74

1,877

2/15/72-A

1,579
2,052

32

6,043

22,593

Aug...

Sept... 2-1/2?

Bond

-

9/15/67-72

1,951

1-1/2?

Note

-

lOA/72-EO

33

2-1/2?

Bond

-

12A5/67-72

2,579

208

2,369

13,372

4,563

13,509

Dec.

Total.

^otnotes at end of table

35

1,930
3,667

Total

Oct..

221

(Continued on following pagej

33

.

AJ

.

.

Treasury Bulletin

30

PUBLIC DEBT OPERATIONS.
Table PDO-1.

-

Maturity Schedule of Interest-Bearing Marketable Public Debt Securities
Other than Regular Weekly and Annual Treasury Bills
Outstanding April 30, 1970 - (Continued)
(In millions of dollars)

Amount of maturities

Amount of maturities
Tear
and
month
of final

Year
and
month
of final
maturity

Held b7 2/ -

Description

U.S. Govt,

accounts and All
Federal Re- other
serve banks investors

Total

naturity
1/

Held by 2/ -

Description

U.S. Govt,

Total

1/

accounts and
Federal Reserve banks

1-,'7d

1972
Apr.

1-1/2^

Note

4/1/73 -E

May.

7-3/4^

Note

5/15/73-A

1,157

134

Aug.

8-1/8%
it%

Note
Bond

8/15/V3-B
8/15/73

1,839
3,894

288
564

1-1/2%

Note

10A/73-E0

30

Feb

6-l/4fi

Note

2/15/76-A

3,739

2,857

1,023

May ....

6-1/2%

Note

5/15/76-

2,697

685

1,551
3,330

Aug..

7-1/2%

Note

8/15/76-C

1,682

590

3,113

4,13^

2/15/77-A

1,856

457

Bond

2/15/80

2,595

765

Bond

11/15/80

1,905

709

4.500

1,474

-

30

1977
Feb.
4-l/8f.

Bond

-

11/15/73

4,346

451

3,895
19 go
Fet

11,301

1,437

. . .

9,8b4

3-1/2%

1974
Feb.

4-1/8^

Bond

2/15/74

3,128

Apr ....

1-1/2^

Note

4A/74-EA

34

May

4-1/4S

5-5/8^

Aug

Bond

Note

5/15/74

-

8/15/74-

569

32

597

3,583

10,284

2,559

5,

2,986

1983
June .

.

1985
May.

3-1/4%

Bond

-

3-1/4%
4-1/4%

Bond
Bond

6/15/78-83

1,549

-

5A5/85

-

5/15/75-85

1,083
1,214

194
434

as
2,297

1-1/2?

Note

-

10/1/74-EO

23

23

1990
Feb

Nov.

. .

5-3/4%
3-7/8%

Note
Bond

-

11A5/74-A
11/15/74

3,981
2,240

23,272

1,460
635

3,732

2,521
1,555

Apr

May

5-3/4%

Note

1-1/2% Wote
6%

Note

-

2/15/75-A

-

4/1/75-EA

-

5/1 5/7 5 -B

5,148

6,760

11,90<5

1,602

4,405

6,007

4-1/4%

Bond

-

8/15/87-92

Bond

-

2A5/88-93

248

69

-

5A5/89-94

1,555

503

2A5/9:=

1,355

152

11/15/98

4,153

887

Seclirities ."

2/15/90

1992
3,813

1,153

14,540

3,546

1994
May...

4-1/8%

Bond

1995
Feb

3%

Bond

3-1/2%

Bond

2,355

5,902

Nov.

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 on Treasury

1,127

Bond

1993
Feb
1975
Feb

4,791

3-1/2%

2/

»

-

Beginning v/ith the February 1969 Treasuiy Bulletin, the definition of
U.S. Government accounts and all other investors is in conformity
with the unified budget concept.
Less than $500,000.

}Aay 1970

31

.PUBLIC DEBT OPERATIONS
Table PDO-2.

-

Offerings of Treasury Bills

Amount in millionE of dollars

Description of new issue
Issue date

Number of
da;/s

to

maturity 1/
.Regular iveeiU':
(13-week and 26-weei:)
i
l970-JaE.

Amoxir:t

Amount of
bids
tendered

Total
ainount

On competitive basis

-TjLount

of ticE accepted
On noncompetitive basis 2/

In

exchange 2/

maturing on
issue date
of new
offering

Total of
unmatured
issues outtandlng after
new issues

1970-Apr.
July

90
181

2,426,4
2,216,5

1,302.3
1,201.7

1,402.8
937.9

399.5
263.8

424.3
203.2

1,099.7

30,848.0

Apr.
July

91
182

2,720,0
2,513.8r

1,804.0
1,207.4

1,285,7
720. 4r

518.3
437. Or

393,
306.

1,800.6
1,102.0

23,424.2
30,953.3

Apr.
July-

91
182

2,875.9
3,159,2

1,802.0
1,205.3

1,234.7
612.0

567.3
593.3

320,
204,

1,804.7
1,100.9

23,421,6
31,057.Sr

Jan,
Jan.

15,

Jan.

22.

Apr,
July

91
182

3,159,9
2,532.3

1,802.1
1,204.2

1,263.3
760.6

538.8
443.6

370,
254,

1,799.0
1,101.2

23,424.7
31,160.8

29,

Apr,
July

91
132

2,774.4r
2,263,9

1,800.5
1,200.4

l,303.1r
370. 9r

492. 5r
329.5

364.6
302.5

1,799.9
1,100.7

23,425.3
31,260.4

May

91
182

2,824.4
2,649.4

1,301.0
1,202.6

1,3C1.6
37^.2

499.5

523.4

1,801.7
1,203.2

23,424.6
31.259.8

90
181

2,896.4
2,367,8

1,789.9
1,200.7

l,3i:.3

91
182

2,693.7
2,092.7r

1,802.6
1,197.6

Aug.

91
182

2,573.2
1,958.1

Jan,

Fet.

Feb.
Feb.

5.

Aug.

May

13.

Aug,

May

19.

Aug.

May

47(..:

327.5

302.7

1,800.4
1,199.4

23,414.1
31,261.0

1,374.9
911. Ir

427.7
286. 4r

594.8
302.6

1,801.2
1,202.4

23,415.5
31,256.2r

1,801.1
1,300.8

1,437.4
1,113.5

313.7
187.3

596.1
351.2

1,800.6
1,201.0

23,416.0
31,355.9

527.5
326.7

1,799.8
1,201.0

23,417.7r
31,456.6

Feb,

26.

Mar.

5.

June
Sept.

91
132

2,458.4
2,192.1

l,801,5r
1,301.7

1,463,1
1,088.7

338".0

Mar,

12.

June
Sept,

91
182

2,986,1
2,831.7

1,798.0
1,301.3

1,435.1
1,102.4

362.9
198.8

1,800.0
1,201.4

23,415.71-

Mar,

19.

June
Sept,

91
182

3,050,8
2,684.8

1,802.5
1,303.4

1,434.8
1,123.9

367.8
179.5

1,801.4
1,200.7

23,a6.8r

Mar,

26,

June
Sept.

91
182

3,838.0
2,383.2

l,804,lr
1,302,4

1,442.2
1,127.4

361.8
174.9

1,809.3
1,201.1

23,411.6r
31,760.4

Apr.

2.

July

91
182

2,603.6
2,097.9

1,800.3
1,301.2

1,482.4
1,139.3

317.9
161.8

1,802.3
1,208.4

23,409.6
31,853.2

Apr.

9.

91
182

2,617.6
2,695,9

1,802,0
1,305.0

1,492.6
1,087.7

390.4
217.2

1,804.0
1,200.6

23,407.5
31,957.6

Apr.

16.

91
182

•3,087.7
2,446.5

1,802.3
1,300.8

1,403.2
1,094.3

399.1
206.5

1,802.0
1,203.1

23,407.9
32,055.2

Apr,

23.

91
182

2,768.4
2,272,4

1,802.7
1,302.6

1,383,4
1,106,5

419.3
196.0

1,802.1
1,200.4

23,408.5
32,157.4

Apr.

30.

91
182

2,445,3
2,905,8

1,801.2
1,301.3

1,414.8
1,118.9

386.4
182.4

1,800.5
1,201.0

23,409.2
32,257.7

Cct.

July
Oct.

July
Oct,

July
,Oct,

July
Oct.

213.0

31,556.5

31,659.2

Taz anticipation :

1969-Oct.
Nov.

29.

JxHie

26.

22

236

4,262.4

3,004.4

2,792.5

211.9

3,004. 4r

147
208

2,493.5
2,913,7

1,007.5
1,503.6

890.0
1,398.2

117.4
105.3

4,507.9r

-r

1970-Mar.

3...

50

3,403.3

1,753.1

1,628.3

124.3

-r

Mar.

26...

180

5,627,0

l,758.2r

1,598,3

159.3

6,266.1r

30.

276
365

1,428
1,877

500.5
1,000.6

487.1
960,4

13.4
40.2

170.9
300.6

50O.5
1,201.1 i/

12,810, .9 i/

31.

271
365

1,438
1,814

500.2
1,000.2

485.8
961,0

14.4
39.2

178.0
280.5

500.6
1,202.6 i/

12,608, ,5

274
365

1,177
2,416

500.8
1,201.4

482,9
1,152.7

17,9
48.7

122.6
281.3

500.7
1,202.0 i/

4,509, .8
12,607, .9

273

365

1,609
2,204

500.2
1,202.1

486.1
1,157.7

14.0
44.4

150.5
351.0

501.5
1,201.3

4,508, .4
12,608, ,6

9-month and one-year
1969 -Apr.

May

:

4,510
4,509

,1

.7

V
V
V

June

30.

July

31.

Aug.

31,

271
365

1,312
1,982

500.3
1,200.5

482.0
1,143.1

18.3
57.4

180.3
336.1

505.3
1,200.8 i/

4,503, ,5
12,608, .4V

Sept.

30.

273
365

1,257
1,950

500.3
1,005.3

484.0
948.6

16.3
56.6

75.3
319,9

500,4
1,000.6

4,503 ,4
12,613. ,1

31.

273
365

1,212
2,291

500.3

Oct.

1,002,5

479,8
927,6

20.4
74.9

125.6
310.4

500.1
1,002.2

12,613

500.1
1,000,9

4,504, ,1
12,613, ,7

V

4,503, .5
,4

Nov,

30,

273
365

1,522
2,249

500.7
1,001.2

480.6
939.1

20.1
62.1

139.2
275.5

31.

273
365

1,300
1,645

500.1

Dec.

1,002.1

475.6
939.7

24.6
62.3

116.7
252.0

500,6
999.2

4,503. ,7
12,616, ,6

136.5

12,619. 4

1,003.0

1,000.2

365

866.5

31.

1,697

333.2

1970-Jan.

501.8

474.9

26.9

200.8

500,5

Feb.
Feb.

Mar.

2.

271

1,344

4,505.

12,819.2

365

1,884

1,200.1

1,096.0

104.1

253.6

1,000.4

28.

500.1

476.3

23.4

500.2

4,504.9r

1,228

150,4

2.

273

480.4
1,132.3

20.0
68.7

500.8
1,000.5

4,504. 5r
13,019.7

484.3
1.145.4

16.0

500.2

Mar.

31.

Apr.

30.

Footnotes at end of Table PDO-3.

500.4

275
365

1,613
1,903

l,201.1r

276

1,000
1.724

1.200.0

500.3

(Continued on following page)

54.5

4,504.7
11,219.1

.

Treasury Bulletin

32
.PUBLIC
Table PDO-2.
Cti

-

DEBT OPERATIONS.

Offerings of Treasury Bills

Regular weekly:
13-week and 26-week)

Equivalent average
rate 5/
(

(Continued)
On competitive bids accepted

total tiids accepted

Issue date

Average price
per hundred

-

High
Price per hundred

Equivalent rate

^

Price per hundred

(PercentJ

Percent)

2

97.976
95.927

8.095
8.101

98.025
95.966

Jan.

8.

97.988
95.960

7.960
7.991

98.012
95.966

Jan.

15.

98.019
96.065

7.837
7.783

98 .029

Jan.

22.

98.031
96.126

Jan.

29.

Feb.

Equivalent rate
(Percent)

6/

7.900
8.023

97.953
95.904

8.188
8.147

2/
8/

7.865
7.979

97.982
95.956

7.983
7.999

2/
96.07610/

7.762

98.009
96.064

7.876
7.735

7.788
7.663

98.041
96.158

U/

7.750
7.600

98.027
96.120

7.805
7.675

98.006
96.069

7.390
7.776

93.018 12/
96.090 3J/

7.841
7.734

97.998
96.061

7.920
7.791

5.

98.040
96.098

7.754
7.719

98.049
96.101

7.718
7.712

98.036
96.096

7.770
7.722

Feb.

13.

98.172
96.286

7.311
7.387

98.186
96.294

iV
Hy

7.256
7.371

98.164
96.278

7.344
7.403

Feb.

19.

98.287
96.503

6.775
6.917

98.310 16/
96.531 17/

6.686
6.862

98.273
96.470

6.832
6.982

Feb.

26.

98.278
96.474

6.813
6.974

98.289
96.497

6.769
6.929

98.268
96.450

6.852
7.022

Mar.

.264
5.

96 ,576

6.868
6.773

98.283
96.602

6.793
6.721

93.249
96.564

6.927
6.796

Mar.

12.

,262
96.,598

6.877
6.729

98.267
96.603

6.856
6.709

98.256
96.594

.6.899

Mar.

19.

98.,272
96..609

6.837
6.707

98.285
96.613

6.735
6.700

Mar.

26.

,417
96..874

6.264
6.184

93.421
96.896

6.247
6.140

67329
6.392

6'.191

2.

98,,400
96..769

98".435

Apr.

96.779 18/

6.371

9.

98..380
96,.737

6.408
6.455

98.393 12/
96.760 20/

6.357
6.409

16

.405
,842

6.310
6.247

98.418
96.849 21/

6.258
6.233

23.

.363
.717

6.476
6.494

98.332 22/
96.764 22/

6.401
6.401

.262

6.876
7.253

98.306
96.398

iV

6.702
7.125

1970-Jaji.

Apr.

Apr

.

Apr.
Apr.

30.

Tax anticipation
1969-Oct.
Nov.

.333

:

29.

95.277

7.204

95.398

7.020

26.

809
392

7.814
7.976

96.869 25/
95.484 26/

7.668
7.816

(

1970-Mar.

3

090

6.549

99.132 27/

6.250

Mar.

26

911

6.177

96.947

6.106

30..

95. 418
93. 987

5.976
5.930

95.443 28/
94.018

5.944
5.900

May-

31..

95. 252
93. 643

6.307
6.270

95.295
93.719 32/

6.250
6.195

June

30.,

94. 378
92. 556

7.387
7.342

94.459 ^0/
92.654 aV

7.280
7.245

July

31.

94. 383
92. 585

7.407
7.313

94.422
92.649

7.356
7.250

Aug.

31..

94, 439
92, 558

7.387
7.340

94.478
92.599

7.335
7.300

Sept.

30..

94..421
92..548

7.357
7.350

94.464 22/
92.660

7.300
7.239

31..

94..507
92..774

7'.244

Oct.

7.127

94.551
92.736

7.185
7.115

30..

94..102
92..303

7.777
7.591

94.167
92.347 Ji/

7.W2

Nov.

31..

94 .084
92 .334

7.801
7.561

94.127
92.384

7.745
7.512

31.

92.362

7.533

92.4212V

7.475

2.

94.185

7.724

94.211

7.690

Feb.

23.

92.971

6.932

93 .056

6.849

Mar.

2.

94.696

6.995

Mar.

31.

6.101
6.132

94.724 22/
95.427
93.866

6.957

95.340
93.7B3

Apr.

30.

94.753
93 .091

6.843
6.814

94.844 2h/
93.258 17/

6.725
6.650

9-nionth and one-year:

1969 -Apr.

Dec.

1970-Jan.
Feb.

7.548

5.986
6.050

6.737

^

}\ay 1970
33

.PUBLIC DEBT OPERATIONS
Table PDO-3.

-

New Money

Financing through Regular Weekly Treasury Bills

i/

(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)

1967-July

July

July

13

J 1967-October
\l968-January

13
11

92
182

$2,207
1,646

$1,400
1,000

4.286
4.689

20

Jl967-0ctober
^1968-January

19
18

91
182

2,405
1,867

1,401
1,001

4.745

{1967-Ootober
1968-January

26
25

91
182

2,366
2,030

1,401
1,000

4.424
5.044

27

$ 99

4.244-

100

August

3

1967- November
1968-February

91
182

2,368
2,019

1,405
1,000

4.181
4.639

August

10

1967- November
1968-February

91
182

2,422
1,981

1,400
1,000

4.173
4.757

100

August

17

j 1967-November

16
15

91
182

2,348
1,980

1,400
1,001

4.194
4-791

98

August

2A

/1967-November
'\l968-February

24
23

92
183

2,232
2,023

1,402
1,001

4.334
4.922

103

August

31

^1968-February

ri967-November

30

il968-February

29

91
182

2,367
2,196

1,400
1,001

4.492
4.994

97

{1967-Deo ember

7
7

91
182

2,679
1,633

1,401
1,001

4.324
4.765

102

September

7

September

/1967-Dec ember
'^1968-March

14

14.

U

91
182

2,162
1,793

1,401
1,001

4.358
4.952

99

September

21

1967-December
1968-Maroh

21
21

91
182

2,004
1,810

1,400
1,000

4.489
4.998

100

September

28

1967-December
196S-Maroh

28
28

91
182

2,822
1,845

1,401
1,000

4.628
5.143

101

1968-Maroh

October

5

January
April

4

4

91
182

2,065
1,907

1,401
1,000

4.513
5.098

99

October

13

January
April

11
11

90
181

2,183
1,892

1,501
1,001

4.563
5.022

101

October

19

January
April

18
18

91
182

2,452
2,006

1,500
1,000

4.678
5.165

99

October

26

January
April

25
25

91

2,757
1,964

1,501
1,001

4.597
5.124

101

182

1
2

91
182

2,286
1,911

1,501
1,000

4.543
5.043

96
102

November

2

February
May

91
182

2,382
1,757

1,501
1,001

4.674
5.180

91
182

2,628
1,652

1,501
1,000

4.648
5.154

100

16

February
May

23
23

91
181

3,038
2,289

1,500
1,000

4.988
5.517

98

February
May

29
31

91
183

2,705
2,146

1,502
1,003

4.957
5.535

103

March
June

7
6

91
182

2,762
2,416

1,500
1,001

4.988
5.579

99

March
June

14
13

91
182

2,489
1,974

1,501
1,000

4.943
5.493

101

14
21

March
June

21
20

91
182

2,730
2,304

1,506
1,006

5.128
5.659

112

December

28

March
June

28
27

91
182

2,451
2,063

1,502
1,003

4.990
5.515

104

December

April
July

4

2,377
2,053

1,501
1,001

5.104
5.593

5

91
183

102

4

31
29

92
182

2,510
2,052

1,601
1,000

5.065
5.235

97

Jxuie

6

2,732
1,931

1,602
1,000

100

5

91
182

4.999
5.172

September

99

November

9

February
May

November

16

February
May

November

24

November

30

December

7

December

1968-January

February

29

May
August

8
9
15

March

7

14

June
September

13
12

91
182

2,389
1,743

1,600
1,000

5.107

March

March

21

June
September

20
19

91
182

2,460
1,848

1,600
1,000

5.285
5.377

March

June
September

27

28

91
182

3,427
1,836

1,608
1,001

5.185
5.301

4

July
October

2,179
1,601

1,600
1,000

5.146
5.266

3

92
182

99

April

11

July
October

11
10

91
182

2,395
1,884

1,600
1,001

5.310
5.399

98

April

Footnotes at end of table.

26
5

(Continued on following page)

5.3a

94
106

I

Treasury Bulletin

34

PUBLIC DEBT OPERATIONS.
Table PDO-3.

-

New Money

Financing through Regular Weekly Treasury Billsi/-(Continued)
(Dollar amounts in millions)

Description of issue

Issue
date

Number of
days to

!-'atiU'ity

late

Amount
of bids
accepted

matui'ity

91
182

256

25

91
182

611*

91
182

701*

91
182

1*91*

91
182

1*17

1968-Aprll

18

April

25

July
October

2

August
October

May

9

August
November

May

15

August
November

15
±k

2lt

1

31

Average rate
of bids
accepted 2/

1+93

328

$1,602
1,103

1,601
1,101

5.1*62

5.568
5.51*3

5.689

1,600
1,102

5.506
5.697

200

065

1,600
1,101

5.557
5.750

200
200

176

5.611

23

August
November

22
21

91
182

526
150

1,601
1,100

May

31

August
November

29
29

90
182

292

1,600
1,100

5.698
5.869

September
December

5
5

'91

1*10

182

365

1,600
1,099

5.650
5.699

September
December

12
12

91
182

628
Ol+l

1,600
1,100

5.711
5.789

June

13

197

5.1*98

May

6

$203

1,600
1,100

966

5.81*8

June

New money
increase, or
decrease (-)

(Percent)

18
17

/i968-July
October

May

Amount
of bids
tendered

151*

200

5.996
97

June

20

September
December

19
19

91
182

590
969

1,600
1,101

5.579
5.633

95

June

27

September
December

26
26

91
182

375

1,600
1,105

5.237

91*

5.1*85

October

3

2

90
181

119
981

1,601
1,100

5.1*01

11969 -January

il968 -October
1 1969 -January

10
9

91
182

637
996

1,602
1,102

5.368

1968 -October
Il969-Jan\iary

17
16

91
182

625

1,601
1,101

5.1*67

1*76

21*

25

J1968 -October
V1969 -January

23

91
182

365

1,601
1,100

5.293
5.367

August

1

/1968 -October
[I969 -January

31
30

91
182

620
320

1,599
1,101

5.192
5.288

August

8

J

1968 -November

7
6

91
182

532
279

1,600
1,103

1*.906

1^1969 -February

August

1*05

15

285

1,600
1,101

5.083
5,273

99

1,602
1,101

5.123
5.219

102

03I*

5.171*
5.21*2

lOl*

lOl*

July
July

July

July

5

11

18

/

August

August

22

29

5

lit

91
182

1968 -November
\1969 -February

21
20

91
182

/ 1968 -November

29
27

92
182

1*0U

1,600

1969 -February

271

l,10l*

1968 -December
1969 -March

5

91
182

1*93

709

1,602
1,103

5.196

6

1968 -December

12

1,601
1,100

5.21*7

J

I

September 12

September 19
September 26

1

n969-March
1

October

1969-November

J

November

January
April

10

13

1968 -December
1969 -March

January
April

3

6

1968 -December

n.969-te.rch

\

October

5.100

13

1

September

5.557

1969 -February

J

I

13

91
182

283

71*0

969

19
20

91
182

525
262

1,601
1,100

26
27

91
182

81*3

l,6ol*

030

1,102

5.150
5,230

2

91
182

338
830

1,601
1,101

5.182

91
182

105
866

1,601
1,103

5.276
5.363

102

101

3

9

10
5

91
182

991*
29I*

1,802
1,201

6.999
7.281

13
Ik

92
182

779
593

1,800

7.157

May

1,201*

7.1*35

91

February
May

19
21

655
265

1,801
1,200

7.11*2

182

November

28

February
May

26
28

90
181

733
392

1,801
1,201

7-1*77

5

91
182

867

1,800
1,200

7.1*52

152

91
182

380
097

1,800
1,200

7.701

December

11

N'iarcli

Jmi'"

Footnotes at end of table

12
11

(Continued on following page)

106

101

5.281*

7

1+

100

5.21*9

V\a.y

March
June

101

5.277

20

h

102

5.217

November

December

100

5.2l*9

1970 -February
Febi-uary

101

5.1*10

J 1968 -November
'l

100

5.588

7.519

111*

99
102

8.028

7.613

96

}\ay 1970

35

.PUBLIC DEBT OPERATIONS
Table PDO-3.

New Money

-

Financing through Regular Weekly Treasury BillsV- (Continued)
(Dollar amounts in millions)

Description of issue
Issue
date

1969 -December

December

1970-January
January
January

91
182

26.

March
June

26
25

90
181

2,lti*l

2

April
July

90

2,-126

181

8

April
July

15.

January

29

April
.July

April
.July

April

I July
May
August

26

June
September

5.

12.

March

19.

'

'

Average rate
of bids
accepted 2/

New money
increase, or

decrease (-)

Percent

$1,801
1,201

7.920
7.921

$101

1,809
1,209

7.805
7.815

118

2,216

1,802
1,202

8.095
8.101

93

2,720
2,514

1,804
1,207

7.960
7.991

109

2,176
1,872

16
16

91
182

2,876
3,159

1,802
1,205

7.837
7.783

102

23
23

91
182

3,160
2,532

1,802
1,204

7.788
7.663

106

30
30

91

182

2,775
2,264

1,801
1,200

7.890
7.776

100

91
182

2,573
1,958

1,801
1,301

6.813
6.974

100

91
132

2,458
2,192

1,801
1,302

,868

,877
,729

98

28

27
A
3

.773

102

September 10

91
182

2,986
2,332

1,798
1,301

18
June
September 17

91

182

3,051
2,685

1,803
1,303

6.837
6.707

104

91
182

3,838

6.264
6.184

96

2,383

1,304
1,302

June

March

Amount
of bids
accepted

(

19
18

22

March

jMar.ch

Amount
of bids
tendered

June

I8.

January

February

Number of
days to
maturity

Maturity
date

June

11

25

March

26.

April

2.

91
182

2,604
2,093

1,800
1,301

5.329
6.392

91

October

9.

'july
October

91

April

2,618
2,696

1,802
1,305

6.408
6.455

102

182

April

16.

July
October

16
15

91
182

3,088
2,447

1,802
1,301

6.310
6.247

98

23.

July
October

23
22

91
182

2,768
2,272

1,803
1,303

6.476
6.494

103

April

91
182

2,445

1,801
1,301

6.876

30.

"july
October

30

April

September 24
•July

Source:
See Table PDO-2.
1/ Excludes Issues of strips of additional amounts of outstanding,
regular weekly bills for cash on November 25, 1966 ($1,202 million).

Z

.906

2/

101

See Table PDO-4.
Equivalent average rate on bank discount basis.

Footnotes to Table PDO-2

Source:
Daily Treasury statement; Bureau of the Public Debt.
1/ The 13-week bills represent additional issues of bills with an
original maturity of 26-weekE and the 9-month bills represent
additional issues of bills with an original maturity of one-year.
2/ For 13-week, 26-week, 9-month, and one year issues, tenders for
$200,000 or less from any one bidder are accepted in full at average
prices of accepted competitive bids; for other Issues, the corresponding amount is stipulated in each offering announcement.
Exchanges of Treasury bills were discontinued effective March 12, 1970.

y
y

5/
6/

u
K
2/
10/
11/
12/

u/
u/
15/
16/

Includes strip bills issued March 3, 1969.
Bank discount basis.
Except $5,000 at 96.156, $73,000 at 96.051, $100,000 at 96.017,
$913,000 at 95.988, and $320,000 at 95.970.
Except $50,000 at 98.023.
Except $1,000 at 96.154 and $100,000 at 95.982.
Except $2,552,000 at 98.129.
Except $20,000 at 96.125.
Except $10,000 at 96.250.
Except $10,000 at 98.031 and $15,000 at 98.027.
Except $4,000 at 96.126 and $300,000 at 96.100.
Except $36,000 at 98.215, $700,000 at 98.213, $700,000 at 98.210,
$700,000 at 98.209, and $700,000 at 98.207.
Except $217,000 at 96.300.
Except $200,000 at 98.315.

12/

18/
12/
20/
21/
22/
22/
2^/
25/
26/
27/
28/
29/
|0/

21/
22/
22/

2V
25/
26/

22/
r

Except $200,000 at 96.587, $400,000 at 96.577, $100,000 at 96.567,
and $300,000 at 96.557.
Except $500,000 at 96.784.
Except $90,000 at 98.407.
Except $10,000 at 96.780.
Except $70,000 at 96.866.
Except $200,000 at 98.639 and $700,000 at 98.405.
Except $10,000 at 96.840.
Except $100,000 at 98.350.
Except $200,000 at 96.869.
Except $200,000 at 95.784, $100,000 at 95.609, and $100,000 at 95.608.
Except $1,000 at 100.300 and $600,000 at 97.176.
'Except $910,000 at 95.461.
E'xcept $1,878,000 at 93.734.
Except $225,000 at 94.599, $50,000 at 94.520, $3,000,000 at 94.516,
ind $2,000,000 at 94.493.
Except $3,000,000 at 92.724 and $2,000,000 at 92.701.
Except $1,000 at 94.554.
Except $400,000 at 92.347.
Except $1,000 at 92.593.
Except $10,000 at 96.096.
Except $320,000 at 94.902 and $280,000 at 94.863.
Except $10,000 at 93.500.
Revised.

Treasury Bulletin

i(>

PUBLIC DEBT OPERATIONS,
Table PDO-4.

-

Offerings of Public Marketable Securities Other than

Regular Weekly Treasury Bills

^ay 1970

37
.PUBLIC DEBT OPERATIONS
Table PDO-4.

-

Offerings of Public Marketable Securities Other than

Regular Weekly Treasury Bills

Date subscrip-

-

(Continued)

Treasury Bulletin

38

PUBLIC DEBT OPERATIONS,
Footnotes to Table PDO-4
Bureau of the Public Debt.
Bonds, notes, and certificates of indebtedness issued at par except
those bearing footnote 6. For bill issues, always sold at auction,
the rate shown is the equivalent average rate (bank discount basis)
For details of bill offerings, see Table PDO-2.
on accepted bids.
On September 3, 1963, the Treasury began the monthly issuance of oneyear bills to mature on the last day of each month and, in addition,
on September 30, 1966, it began the monthly issuance of bills to
mature in nine months.
From date of additional issue in case of a reopening.
In reopenings, the amount issued is in addition to the amount of
original offering.
For securities exchanged for the new issues, see Table PDO-8.
Tax anticipation bill, acceptable at face value in payment of
income taxes due on the 15th of the month in which the bills mature.
Price at which issued appears in either Table PDO-5 or PDO-6.
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.
Consists of allotments paid for with Treasury bonds, notes, or
certificates of indebtedness maturing on issue date of new security.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign states. Government investment
accounts and the Federal Reserve banks, totaling $6,3-40 million, were
allotted in full where, as provided in the offering circular, the
subscriber made the required certification of ovmership of securities
Subscriptions subject to allotment totaled
matiaring August 15, 1967.
$9,320 million: those up to and including $100,000 were allotted in
full; all others were allotted 35 percent but in no case less than
$100,000.
Subcriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 38 percent but in no case
less than $100,000.
Exchange offering available to owners of nonmarketable 2-3/4% Treasxary
bonds. Investment Series B-1975-80, dated April 1, 1951. For further
information on the original offering see Treasury Bulletin for April
Amounts shown are as of April 30, 1970
1951, page A-1.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign states, Government investment accounts
and the Federal Reserve banks, totaling $7,575 million for the notes
of Series A-1969 and $1^9 million for the notes of Series A-197i,
were allotted in full where, as provided in the offering circulars,
the subscriber made the required certification of ownership of securiSubscriptions subject to allotment
ties maturing November 15, 1967.
totaled $8,070 million for the notes of Series A-1969 which were
allotted 36 percent, and $13, 98^ million for the notes of Series
A-I974 which were allotted 7-1/2 percent; subscriptions for $100,000

SoiiTce:

1/

2/
2/

4/

^
6/
7/

8/

2/

10/

11/

12/

13/
I4/

1^
16/
17/

18/

12/
20/

21/

22/

2^
2iJ

2^/

2^/

27/

28/

2^/
P

or less were allotted in full, and subcriptions for more than $100,000
were allotted not less than $100,000.
For exchange value of securities eligible to be exchanged see Table
PDO-5 or PDO-6.
Includes $1,280 million allotted to Federal Reserve banks and Goverment investment accounts.
Subscriptions for $200,000 or less were allotted in full. Subscriptions for more than $200,000 were allotted 39 percent but in no case
less than $200,000.
Includes $3,993 million allotted to Federal Reserve banks and Government investment accounts.
Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 23 percent but in no case
less than $100,000.
As provided in the offering circular subscriptions were allotted in
full (1) for States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds,
international organizations in which the United States holds membership, and foreign central banks and foreign states where the subscriber certified that it owned securities maturing August 15, 1968
these totaled $123 million (2) for Federal Reserve banks and Government investment accounts, these totaled $4., 811 million and (3) those
All other subscriptions were allotted 18 perfor $250,000 or less.
cent but in no case less than $250,000. The total of all subscriptions from the public was $23,557 million.
Includes $5,336 million of the 5-5/8% notes and $1,0^3 million of the
5-3/4% notes allotted to Federal Reserve banks and Government accounts.
Includes $6,105 million of the 6-3/8% notes and $2,833 million of the
6-1/4% notes allotted to Federal Reserve banks and Government accounts.
Sale of a "strip" of Treasury bills consisting of an additional $200
million of series maturing on April 30, May 31, June 30, July 31, and
August 31, 1969.
Sale of a "strip" of Treasury bills consisting of an additional $300
million of series maturing on May 8, May 15, May 22, May 29, June 5,
and June 12, 1969.
Includes $261 million of the 6-3/8% notes and $473 million of the
6-1/2% notes allotted to Federal Reserve banks and Government accounts.
Includes $125 million allotted to Federal Reserve banks and
Government accounts.
Sale of a "strip" of Treasury bills consisting of an additional $303
million of series maturing on September 18 and 25, and October 2, 9,
16, 23, and 30, 1969.
Includes $565 million of the 8% notes, $125 million of the 7-3/4%
notes, and $564 million of the 7-1/2% notes, allotted to Federal
Reserve banks and Government accounts.

Includes $292 million of the 8-^ notes, $288 million of the 8-l/8%
notes, and $458 million of the 8% notes, allotted to Federal Reserve
banks and Government accounts.
Includes $2,1*21 million of the 7-3/H notes and $2,125 million of the
accounts.
bi, notes allotted to Federal Reserve banks and Government
All subscriptions were allotted in full. Sibscriptions for Government
million.
totaled
banks
$7,005
Reserve
Federal
and
accounts
Less than $500,000.
Preliminary.

Hay 1970

39

.PUBLIC DEBT OPERATIONS
Table PDO-5.

-

Unmatured Marketable

Date of
financing

Description of securities

Amount issued
(in millions)

Securities Issued in

Adjustment payments
at issue (per $100
of face value) 1/
By
Treasury

To
Treasury

Advanced Refunding Operations

Effective
yield 3/

Investment
yield 1/

Eligible securities exchanged

1970

V
V
694 A/
278 V
221 V
654 V

$165
211
Jjl,

8/15/70 i/

Bond

1/29/U

$1.65
1.85
0.95
0.95
1.80
0.25

29%
4.33
4.17
4.17
4.32
3.96

4.15*
4.15
4.16
4.16
4.16
4.15

4.00
3.75

4.11
4.10

3?

2.00

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

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

1.15
2.10
1.45
1.15
1.80
0.40
0.70

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?
4-3/4?
3-3/4?
3-3/4?
4?
3-5/8?
3-3/4?

Certificate
Note
Note
Bond
Note
Note
Note

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

4.

5%

4-7/8?
3-3/4?
3-3/4?
4-5/8?
2-5/8?

Note
Note
Note
Note
Note
Bond

2,223
1971
ij,

3/9/62

8/15/71

Bond

1,1544/
1,651 4/

Bond
2-5/8? Bond

2.306

693 4/
3-7/8?

-

Bond

11/15/71

V

3/15/63

1.

944/
532 4/
196 4/

10

1,515
1972

a

9/20/62

8/15/72

-

Bond

3704/
2594/
4024/
449 4/

7204/
379 4/

Note
Note

2,579

1973

a

9/18/63

8/15/73

-

Bond

500
214
782
621

4/
4/
4/
4/

3404/
721 4/
716

3,894
362
232
344

a3
i-l/Sf,

Bond

-

7/24/64

11/15/73

769 4/
334 4/
,303 4/
297 4/
503 4/

4,357
197^

^-l/8% Bond

2/1 5/7^

1/19/65

493
416
140
334
400
147
461
739

4/
4/
i/
4/
4/
4/
4/

0.65
0.50
0.95
0.45
0.75
0.55
0.10
0.25

4.21
4.19
4.26
4.19
4.22
4.20
4.16
4.08

3,130

251V
3-7/856

Bond

-

11/15/74 5/

3/15/63

136 4/
314
373 4/

V

3.88
4.04
4.08
3.97

1.50
1.70
0.90

1,07
i'

1975

4-1/435

V

Bond

-

5/15/75-85

^

1/29/64

106
117 4/
239 4/

V

158
76 4/
53

748

4/

4.30
4.32
4.25
4.25

0.75
0.95
0.05
0.05
0.90

4.31

1.15

4.17

4.23

Note
Note
Note
Note
Note
Note
4?
3-5/8? Note
3-3/4? Bond
3-5/8? Note
5?

4-7/8?
3-3/4?
3-3/4?
3-7/8?

Treasury Bulletin

40

PUBLIC DEBT OPERATIONS.
Table PDO-5.

-

Unmatured Marketable

Securities Issued in

Advance Refunding Operations

-

(Continued)

}\ay 1970
.PUBLIC

Table PDO-5.

-

Description of securities

Unmatured Marketable

Date of
financing

1998

9/29/61

/

V

3-1/2? Bond

11/15/98 i/

3/10/0;:

10/3/ou

Securities Issued in Advance Refunding Operations

Amount Issued
(In millions)

U95

4

°92 k

41

DEBT OPERATIONS.
-

(Continued)

Treasury Bulletin

A2
.PUBLIC
Table PDO-6.

-

DEBT OPERATIONS,

Unmatured Marketable

Securities Issued at a

Premium

Other than Advance Refunding Operations

Description of securities

or Discount

l^ay 1970
43

PUBLIC DEBT OPERATIONS
Table PDO-6.

-

Unmatured Marketable

Securities Issued at a

Other than Advance Refunding Operations

Description of securities

1976

-

Premium

or Discount

(Continued)

Treasury Bulletin

u

PUBLIC DEBT OPERATIONS.
Table PDO-7.

for Public Marketable Securities
Allotments by Investor Classes on Subscriptions
Part A. - Other than Treasury Bills 1/

-

(In millions of dollars)

Allotments by investor classes

Issues
Amount issued

Description of securities

8/15/67

5-1/tS Note

8/30/67

11/15/67

5-3/8^ Note
(5-5/8% Note
\i-j/lS Note

11/15/68-D

For
cash

3,550

3^

2/15/69-A
11/15/74-A

3,156
1,507

i-3/lS Note

2/15/75-A

2/21/68

5-5/8? Note

5/15/69-B

i,277

Note
Note

8/15/69-C
5/15/75-B

3,352

8/15/7i-B 8/

5,iU

'5-5/8? Note
'h-'i/«!o

Note

5-3/4iS Note

5,956

2,240

X64

30

65

135

26

4

37

1,900

83

15

43

24

6

3

24

1

121
87

12

7,581
1A5

Commercial
banks

Individuals

y

V

Insurance
companies

Mutual
savings
banks

Corporations

y

Pension
and retirement
funds

317

1,973
716

127
207

53

47

24

65

125
64

19
21

1,230

2,430

131

99

75

52

22

30

3,637

99

7

21

30

3

57

277
112

13

13

59

40

42
54

20
29

31

7,408
77

Other
funds

7

3

14
6,760

3,992

2,575
1,624

4,870

4,811

2,474

434

33

180

330

55

21

7,793
2,31°

5,336
1,043

1,351
786

128

71
25

14
11

61
180

17
1

55
9

5/15/70-C
2/15/76-A

3,764
3,739

6,188
2,833

1,435
551

199

51
12

53

101

53

7

12

31
13

3
2

253
11

8/15/70-D
5/15/76-B

2 329

264
473

1,215
1,245

95
39

24
41

22
28

89
159

3

1

160

'697

4

2

49

2,92^

125

1,438

301

38

52

62

31

6

150

2/15/71-D

U,172p

564

213

254

11

12

4

276
37
24

8A5/76-C

l,682p

125
564

65
23
29

42

1.1 "=7?

2,111
660
476

15

5/15/71-E
5/15/73-A

51

47
17

20
17

43

^3

5/15/70-B g
ll/15/7i-A

^

8/15/71 -F
8/15/73 -B
2/15/77 -A

,

2

l,8Unp
l,8SL-p

292
288
U58

1,175
942
746

Based on subscription and allotment reports, For detail of
Source:
offerings see Table PDO-4.
holders of non1/ Excludes 1-1/2? Treasury notes issued in exchange to
raarltetable 2-3/4? Treasury bonds. Investment Series B-1975-80.
2/ Includes trust funds and accounts that comprise Government accounts
under the unified budget concept.
Includes trust companies and stock savings banks.
Includes partnerships and personal trust accounts.
5/ Exclusive of banks and insurance companies.
6/ Consists of trust, sinking, and investment funds of State and local
government and their agencies.
Includes savings and loan associations, nonprofit institutions, and

y
K

State and local
governments 0/

6,363

5,U8

2/15/68

Private
pension
and retirement
funds

exchange
for
other
securities

2,509

2/15/71-C

Gov-

ernment
accounts
and
Federal
Reserve
Banks 2/

In

Date of
financing

U.S.

23

84

95
84

3

31

11

169
76

2

I47

13

125

97
77

Dealers
and
brokers

May

1970

45

.PUBLIC DEBT OPERATIONS.
Table PDO-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

Allotments by investor classes
U. S. Gov-

Date of

maturity

Average
rate

One-year
series

9-month
series

Tax anticipation
series

(percent)

5.164
5.150

1,001

5/31/68
8/31/68

5.097
5.100

1,000

6/30/68
9/30/68

5.144
5.124

1,000

4/22/68
6/24/68

4.934
5.108

7/31/68
10/31/68

5.313
5.301

1,002

3/31/68
11/30/68

5.422
5.431

1,000

9/30/68
12/31/68

5.555
5.544

1,000

500

501

500
506
3,006
1

500

5.058

5.254
5.267

2,528

I1/30/68
2/28/69

5.240
5.281

1,002

^12/31/68
3/31/69

5.423
5.475

1,000

1/31/69
4/30/69

5.665
5.663

1,001

2/28/69
5/31/69

6.086
6.079

1,002

3/31/69
6/30/69

5.745
5.732

1,002

3/24/69
4/22/69

5.399
5.426

6/30/69
9/30/69

5.202
5.108

1,001

6/23/69

5.178

6/23/69

r 9/30/69
\j.2/31/69

5

1

4

120
211

156
287

3

203

19

2

374

127

75

175
305

»

226

15

209
324

130

188
270

185
320

12
47

89
230

25
133

2,521
281

108
284

150
251

160

2a

161
288

12
13

128
259

177

150
278

319

4

234
199

22
201

500

150
280

181
354

10
15

126
232

33
121

500

138
275

151
193

148
383

146

94

2,003
2,000

1

90

1

301

23

124
335

113
260

203
211

500

160
280

501

116

39

43

12
3

1

71

235
208

14
141

11
24

208
230

42
388

11
22

146
378

28
130
28

2,979

502

150
250

227
94

106

19

512

la

505

140
240

182
318

174

3a

95

179
372

20

116

62
183

145

75
359

22
86

6

1,995
101
200

999
1,759 2/

1,000

a

263

500

1,000

Footnotes at end of table.

1

2,001 2/

6.307
6.235

34
159

12
84

1,001

fil/30/69
2/28/70
\

52

zn

11

1,002

5.940

6

24

1,500
3,001

3,010

6.195
6.144

47
160

90

501

6/23/69

87
270

6

42

117
317

1,001

flO/3l/b9
\ 1/31/70

16S

340

5.489

6.483
6.412

290
369

2,015
2,003

1,000

8/31/69
/
(11/30/69

118
230

152
332

28

16

500

5.245
5.151

5.693
5.567

216
337

1

225

All
other

205
338

500

5/31/69
8/31/69

5.446
5.401

150

Dealers
and
brokers

5

500

5.342
5.310

f 7/31/69

21

164

1,000

4/30/69
7/31/69

Corporations
2/

225
232

5/

500

Commercial
banks

60
240

V

500

6/2V68

UO/31/69

,

501

'10/31/68
1/31/69

"

and
Federal

Reserve
Banks
2/

4/30/68
7/31/68

'

ernment
accounts

Other
series

200
300

11

1,755

2
1

500

170
264

229
378

30

500

200
222

201
309

25

(Continued on following page)

2

38

^

Treasury Bulletin

46
PUBLIC DEBT OPERATIONS.
Table PDO-7.

Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Part B. - Treasury Bills Other than Regular Weekly Series (Continued)
-

Hay

1970
47

^PUBLIC DEBT OPERATIONS
Table PDO-8.

-

Disposition of Public Marketable Securities

Other than Regular Weekly Treasury
Called or maturing securities 1/

Disposition offers

Date of

Results of exchange offers

by Treasury

refunding
or retire-

Bills

Description of new
securities offered
(See also Table PDO-4)

.1.T.0U;.'.

Descriptio

Issue
date

ment

outstanding

Cash
retirement

Exchange
security
offered

Exchanged

Turned
in for
cash 2/

{In millions of dollars)

4.964? Bill
5.567? Bill

7/31/67
7/31/67

7/31/66
7/31/66

9<^5

8/15/67-A

8/15/66

5,610

5,610

4,621

989

3-3AJ Note

8/ 15/67-

9/15/62

2,094

2,094

420

1,674

4-7/8? Note

8/15/67-E

2/15/66

1,904

1,904

1,322

582

9,608

9,608 4/

6,363

3,245

"5.844? Bill
5.552? Bill

8/31/67
8/31/67

8/31/66
8/31/66

1,000

5.806? Bill
4.920? Bill

9/30/67
9/30/67

9/30/66
9/30/66

?'00

10/1/67-EO

10/1/62

457

"5.544? Bill
4.656? Bill

10/31/67
10/31/67

10/31/66
10/31/66

905

4-7/8? Note

11/15/67-F

5/15/66

8,135

6,929
105

5-1/a

Cert.

Total..

"1-1/2? Note

-5/8? Bond

-

11/15/67

3/15/61

Total.

500

'^^li/l

500[^|

5-1/4? Note

11/15/ 68-D

1,101

5-5/8? Note
5-3/4? Note

ll/15/74-A

652
40

1,326

5-5/B? Note
5-3/4? Note

2/15/69-A
11/15/74-A

7,726

2,427

464

500

501

;

2,019

10,154 ij

10,154

5.519? Bill
4.718? Bill

11/30/67
11/30/67

11/30/66
11/30/66

900

"4.820? Bill
4.077? Bill

12/31/67
12/31/67

12/31/66
12/31/66

901

'4.577? Bill
3.843? Bill

V31/68

901

1/31/68

1/31/67
1/31/67

5-5/8? Note

2/15/68-A

11/15/66

2,635

2,635

2,171

Note
{4-1/4?
3-3/4? Bond
5-1/4? Note
3-7/8? Bond

8/15/68-C
8/15/68

5/15/67
4/18/62
8/15/67
9/15/63

6,444
3,747
9,913
1,591

6,44A
3,747
9,913
1,591

507
1,107

1V15/68-D
11/15/68

500

500

929
433

*

Total

21,695

21,695

,977

Grand total

24,331

24,331

5,148

464

5,587
2,460

5,082
1,673

782

8,047

6,760

1,2?7 7/

4,442
428

1,494
2,212

4,?70

3,70t. %f

901

4.861? Bill

3/22/68

7/11/67

2,003

2,003

4.074? Bill
4.723? Bill

3/31/68
3/31/68

3/31/67
3/31/67

900

90(?

1-1/2? Note

4/1/68-EA

4/1/63

4.898? Bill
4.934? Bill

4/2^68

7/11/67
7/11/67

2,001
1,506

3.833? Bill
5. 164? Bill

4/30/68
4/30/68

4/30/67
4/30/67

900
500

4-3/4? Note
3-7/8? Bond

5/15/68-B
5/15/68

2/15/67
6/23/60

5,587
2,460

5/31/68
5/31/68

5/31/67
5/31/67

900
501

501

.

3.934? Bill
5.097? Bill

.

5.108? Bill
5-058? Bill

6/24/68
6/24/68

10/9/67
10/9/67

3,006
2,528

3,006
2,52^

4.732? Bill
5.144? Bill

6/30/68
6/30/68

6/30/67
6/30/67

1,001
500

1,001
500

5.150?
5.313?

!ill

7/31/68
7/31/68

7/31/67
7/31/67

1,001
501

l,00l\
501/

4-1/4? Note
3-3/4? Bond

8/15/68-C
8/15/68

5/15/67
4/18/62

5,936
2,640

500

500

iill

Total

Footnotes at end of table.

-

2/15/75-A

500^^
500^'

y

500

212

2,001
1,506^

900\
900
sooj'

8,047

Total

5-3/4? Note

901"!

2/28/67
2/28/67

.

of 5-5/8? Note
of 5-3/4? Note

900

2/29/68
2/29/68

'

7,581
145

y

^15/69-A

500

4.696? Bill
3.945? Bill

{

y

501

8,576

505

Note

5/15/75-B

5-5/8? Note

8/15/74-B

6?

900

5,936
2,640
t

8,576 Lj

(Continued on follonring page)

Treasury Bulletin

48

.PUBLIC DEBT OPERATIONS.
Table PDO-8.

-

Disposition of Public Marketable Securities

Other than Regular Weekly Treasury Bills

Issue
date

Description

(Continued)

Disposition offers
by Treasury

Called or maturing securities 1/

Date of
refunding
or retirement

-

Amo^ant

outstanding

Exchange
security
offered

Cash
retirement

Results of exchange offers
Exchanged

Description of new
securities offered
(Sea also Table PDO-4)

Turned
in for
cash 2/

(in millions of dollars)

8/31/68

15.100% Bill
5.422% Bill

8/31/68
8/31/68

8/31/67
8/31/67

1,000
500

1,000
500

(5.124$ Bill
5.555% Bill

9/30/68
9/30/68

9/30/67
9/30/67

1,000
500

1,000
500

I

9/30/68

I

10/1/68

1-1/2% Note

10/31/68

(5.301% Bill
5.254% Bill

-

10/1/68-EO

10/1/63

115

115

10/31/68
10/31/68

10/31/67
10/31/67

1,002
500

1,002
500

11/15/68-D

5/15/67

8,984

8,98i

1/
I

-1/4% Note

11/15/68

I

-

3-7/8% Bond

11/15/68

9/15/63

1,15s

1,158

2-1/2% Bond

12/15/68

12/1/42

1,787

1,787

11,929

11,Q2Q

Total

11/30/68

{5.431% Bill
5.240% Bill

11/30/68
11/30/68

11/30/67
11/30/67

1,000
500

12/15/68

2-1/2% Bond

12/15/68

12/1/42

822

Bill
5.423% Bill

12/31/68
12/31/68

12/31/67
12/31/67

1,000
500

1,000

5.267% Bill
5.665% Bill

1/31/69
1/31/69

1/31/68
1/31/68

1,000

1,000
500

5-5/8% Note

2/15/69-A

11/15/67

10,738

12/31/68

!5.544%

1/31/69

I

500

1,000
500

4%

Bond

2/15/69

8/15/62

564
247

10,738

3,728

3,728

U,i66

-

2/28/69
2/28/69

3.399% Bill

-

3/31/69

15.475% Bill
\5.745% Bill

4/1/69

1-1/2% Note

4/1/69-EA

4/1/64

61

61

4/22/69

5.426% Bill

-

4/22/69

7/11/68

2,015

2,015

15.663% Bill
15.342% Bill
(5.907% Bill

-

4/30/69
4/30/69
4/30/69

4/30/68
4/30/68
4/30/63

1,001

i/30/69

1,001
500
200

(5-5/8% Note

-

5/15/69-B

2/21/68

4,277

(5.281% Bill
6.086% Bill

3/2i/69

-

2/29/68
2/29/68

1,002
500

1,002
500

3/24/69

7/11/68

2,015

2,015

3/31/69
3/31/69

3/31/68
3/31/68

1,000
500

1,000
500

500

200

6/15/69

4/15/43

Total

"5-5/8% Note

^-3/4% Note

B-1970
A-1974

5-5/8% Note
5-3/lS Note

B-1970
A-1974

565

10,122

985

/7,793 of 5-5/8% Note
\2,329 of 5-3/4% Note

I 3,037

964

(6-3/8% Note
l6-l/4% Note

-

-

2,026
702

1,000

[6-3/8% Note
16-1/4% Note

12,502

1,964

r8,764

I

1^3,739

}

/6.079% Bill

4,277

2,541

2,541

6,818

6,818

5/31/68
5/31/68
5/31/68

5.245% Bill
1^5.907% Bill

5/31/69
5/31/69
5/31/69

6/15/69

2-1/2% Bond

6/15/69

4/15/43

966

966

6/23/69
6/23/69
6/23/69

10/2i/68

6/23/69

15.178% Bill
\ 5.489% Bill
U.940% Bill

IO/2V68

3,010
2,001
1,759

3,010
2,001
1,759

p. 732%

H. 907%" Bill

6/30/69
6/30/69
6/30/69

6/30/68
6/30/68
6/30/68

1,002
501
200

1,002
501
200

(5.310% Bill
(5.446% Bill
)5.907% Bill

7/31/69
7/31/69
7/31/69

7/31/68
7/31/68
7/31/68

1,001

1,001

Note

8/15/69-C

5/15/63

3,366

8/31/69
8/31/69
8/31/69

8/31/68
8/31/68
8/31/68

1,000

1,000

505
200

505
200

6/30/69

7/31/69

8/15/69

<

Bill

<5.202% Bill

8/31/69

Footnotes at end of table.

10/2 V68

1,002
501
200

-

C-1970
A-1976
C-1970
A-1976

of 6-3/8% Note
of 6-1/4% Note

1/

1,703
LI, 748

826

626
94"J

5,026

826

6-3/8% Note
|6-l/2% Note

-

D-1970
B-1976

16-3/8% Note
U.-l/2% Note

-

D-1970
B-1976

J

12,329

\2,697
5/31/69

-

6/

5/15/69
12-1/2% Bond

B-1970
A-1974

500

14,466

2/28/69

346

/5-5/8% Note
\5-3/4% Note

400

1

Total

638

\y

2/15/69
1

6,663

[^1,682

of 6-3/8% Note
of 6-1/2% Note

1,002
501
200

502

502

200

200

6/

3,366
'1/

(Continued on following page)

2.924

442

7-3/4% Note

D-1971

Uay 1970
PUBLIC DEBT OPERATIONS
Table PDO-8.

-

Disposition of Public Marketable Securities

Other than Regular Weekly Treasury

Called or maturing securities

Date of

refunding
or retirement

Issue
date

Description

6.483?

Bill
Bill

-

1-1/2?

Note

- 10/1/69-EO

i%

Bond

-

1U/1/D9

2-1/2?

Bond

-

12/15/69

10/31/69

5.401?
6.195?

Bill
Bill

10/31/69
10/31/69

11/30/69

5.567?
6.307?

Bill
Bill

11/30/69
11/30/69

12A5/69

5. 10856

9/30/69

10/1/69

(

-

9/30/69
9/30/69

12/15/69

"2-1/2?

Bond

12/22/69

6.775?

Bill

12/22/69

12/31/69

6.412?
6.059?

Bill
Bill

12/31/69
12/31/69

6.ia?
5.976?

Bill
Bill

1/31/70
1/31/70

4?

Bond

2/15/70

2-1/2?

Bond

3/15/70

1/31/70

2/15/70

Total.

2/28/70
3

A 5/70

3/23/70
3/31/70

4A/70
l*/30/70

5/15/70

6.235?
6.307?

1/'

Bills

-

(Continued)

49

)

Treasury Bulletin

50

PUBLIC DEBT OPERATIONS.
Table PDO-9.

-

Foreign Series Securities (Nonmarketable)

Issued to Official Institutions of Foreign Countries
(Payable in U.S. Dollars

May 1970
51

PUBLIC DEBT OPERATIONS
Table PDO-9. - Foreign Series Securities
(Nonmarketable)
Issued to Official Institutions of Foreign
Countries - (Continued)

Treasury Bulletin

52

PUBLIC DEBT OPERATIONS,
Table PDO-9.

-

Foreign Series Securities (Nonmarketable)

Issued to Official Institutions of Foreign Countries
{Payable in U.S. Dollars)

-

(Continued)

May

1970

53
.PUBLIC DEBT OPERATIONS
Table PDO-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

Interest
rate

Issued

Retired

Total outstandir^^
end of month

n
12/9/68
12/17/68
12/18/68
12/19/68
12/23/68
12/26/68
12/27/68
12/30/68
12/31/68
1/3/69
1/2A/69
1/29/69
1/31/69
2/3/69
2/3/69
2/3/69
2/4/69
2/5/69

Certificates of Indebtedness

2/18/W

4/1/W

5.50
6.20
6.20
6.20
5.50
6.20
6.20
6.10
6.10
6.10
6.10
6.10
6.10
6.10
6.20
6.10
6.10
6.10

1/6/69
1/8/69
1/16/69
1/17/69
1/20/69
1/21/69
1/22/69
1/23/69
1/24/69
1/27/69
1/28/69
1/30/69
2/3/69
2/18/69
2/18/69
2/19/69
2/25/69
2/26/69
3/3/69
3/4/69
3/5/69
3/6/69
3/7/69
3/7/69
3/10/69
3/12/69
3/13/69
3/13/69
3/13/69
3/20/69
3/20/69
3/24/69
3/24/69
3/26/69
3/27/69
3/31/69
^^3/31/69

4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/3/69
4/1/69
5/19/69
5/19/69
4/1/69
5/19/69
4/1/69
4/1/69
6/4/69
6/4/69
4/1/69
6/4/69
6/9/69
6/12/69
4/3/69
5/19/69
6/9/69
5/19/69
6/20/69
4/3/69

4/3/69
4/3/69
4/3/69
5/19/69

6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.20
6.10
6.10
6.20
6.10
6.20
6.20
6.25
6.25
6.20
6.25
6.25
6.05
6.20
6.10
6.25
6.10
6.10
6.20
6.10
6.20
6.20
6.20
6.10

r5/13/68

3/13/70
12/28/72
3/27/73

5.74
5.70
5.30

5/19/69
5/20/69
5/20/69
5/20/69
5/27/69

6.10
6.10
6.10
6.10
6.10

2/17/69
2/17/69
2/18/69
2/18/69
2/18/69
2/19/69
2/19/69
2/20/69
2/21/69
2/24/69
2/25/69
2/26/69
2/26/69
2/27/69

Mar.

3/17/69
3/17/&9
2/19/69
2/19/69
2/19/69
2/19/69
2/19/69
2/19/69
2/19/&9
2/18/69
2/18/69

2/18/69
4/1/69
4/1/69
4/1/69
2/18/69
4/1/69
4/1/69
5/19/69
5/20/69
5/19/69
5/21/69
5/20/69
5/23/69
5/20/69
4/1/69
5/19/69
5/20/69
5/27/69

2/6/69
2/7/69
2/11/69
2/11/e?
2/13/69

2/U/69

Certificates of indebtedness

3/17/«

(Percent)
5.50
5.80
6.00
5.80
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
5.50
.50
.20
.20
.20
.20
.50
.20
.20

2/6/W

1969- Feb.

2/20/69

/ 6/28/68
\^9/27/6B

'2/19/69
2/20/69
2/24/69
2/26/69
2/27/69

4/1/69
4/3/69
4/1/69
4/1/69
2/18/69
4/1/69

5/19/W

(Continued on following page)

(In millions of dollarn)
7
33

14

U
21
7
24
5

55

4
1

59
6

20
59
6

12
3

3
5

3

5

U

12
6

12
6

5

5

12
7
12
8

12

1*8

38
19
43

77
1*3

2,256

3

U

7
12
8

130
1*2

42

86
11
25

11

6
10
9
30
4
5

20
20
10
25
8

6
21
40
20
9
12

10

10

20
ll*

20

u
>

31
13
1*1

41

6
22
1*0

9

63
28

9
20

1*1*

55

20

12

35

20

1*

33
8

23
5

10
10

43
58
2

2,233

Treasury Bulletin

54

PUBLIC DEBT OPERATIONS,
Table PDO-9.

-

Foreign Series Securities (Nonmarketable)

Issued to Official Institutions of Foreign Countries

~

(Payable in U.a. Dollars)

-

(Continued)

Hay 1970

55
.PUBLIC

DEBT OPERATIONS

Table PDO-9. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.S. Dollars)

Treasury Bulletin

56
PUBLIC DEBT OPERATIONS.
Table PDO-9.

-

Foreign Series Securities (Nonmarketable)

Issued to Official Institutions of Foreign Countries
(Payable in U. S. Dollars

-

(Continued)

lAay 1970

58

Uay 1970
59

PUBLIC DEBT OPERATIONS
Table PDO-9. - Foreign Series Securities
(Nonmarketable)
Issued to Official Institutions of Foreign
Countries - (Continued)
(Payable in U.

Month of
activity

Securities

Issue
dote

S.

Dollars)

Maturity
date

Amount
Interest
rate

Issued

(Percent)

12/10/69
12/10/69
12/12/69
12/15/69
12/15/69
12/15/69
12/16/69
12/19/69

3/5/70
3/12/70
3/16/70
3/30/70
2/13/70
3/31/70
2/13/70

7.45
7.70
7.70
7.05
7.00
7.70
7.70
7.70
7.70
7.80
7.45
7.70
7.70
7.15
7.45
7.45
7.45
7.70
7.70
7.80
7.15
8.10
7.15

12/31/68

11/2/70

6.40

10/29/69
12/10/69
12/26/69
12/29/69
12/29/69
12/29/69
12/30/69
12/30/69
12/31/69
1/5/70
1/5/70
1/5/70
1/7/70
1/7/70
1/8/70
1/9/70
1/12/70
1/12/70
1/13/70
1/13/70

1/29/70
3/10/70
3/5/70
2/13/70
3/5/70
3/16/70
2/13/70
3/31/70
2/13/70
3/31/70
1/19/70
2/13/70
1/19/70
3/31/70

l/llt/70
l/ll»/70

3/31/70

1/15/70
1/16/70
1/19/70
1/20/70
1/21/70
1/21/70
1/21/70
1/21/70
1/23/70
1/26/70
1/26/70
1/27/70
1/29/70

3/31/70
4/16/70
3/31/70
3/31/70
3/16/70
3/31/70
4/8/70
4/13/70
3/16/70
3/16/70
4/8/70
4/8/70
4/29/70

7.05
7.70
7.45
7.15
7.45
7.70
7.15
8.10
7.15
8.10
7.05
7.15
7.05
8.10
8.00
8.00
8.00
8.00
8.10
8.00
8.10
8.00
8.10
5.424
8.10
8.10
7.70
8.10
8.00
8.00
7.70
7.70
8.00
8.00
7.90

9/9/68
9/10/68
9/26/68
1/15/70
1/30/70

1/15/70
1/15/70
1/30/70
4/22/71
5/20/71

5.30
5.34
5.30
7.95
8.10

11/25/69

2/25/70
3/31/70
4/8/70
4/8/70
3/10/70
3/31/70
4/20/70
4/27/70
3/31/70
5/4/70
3/16/70
3/31/70
3/16/70
3/31/70
5/6/70
5/11/70
3/16/70

7.50
8.10
8.00
8.00
7.70
8.10
7.85
7.80
8.10
7.75
7.70
8.10
7.70
8.10
7.75
7.35
7.70

12/2li/69

1969-Dec.

1970-Jan.

< Certificates of indebtedness

•i

Certificates of indebtedness

>

12/24/69
12/26/69
12/26/69
12/26/69
12/29/69
12/29/69
12/29/69
12/29/69
12/29/69
12/29/69
12/29/69
12/30/69
12/30/69
12/31/69

l/llt/70

1/26/70
1/27/70
2/2/70
2/2/70
2/2/70
2/2/70
2/3/70
2/3/70

Certificates of indebtedness
Feb.

3/V70

2/V7O
2/V70
2/6/70
2/6/70
2/6/70
2/6/70
2/9/70

3/10/70
3/12/70
1/12/70
1/26/70
3/16/70
1/26/70
3/16/70
3/16/70
3/2lt/70

3/5/70
3/10/70
3/16/70
2/13/70
3/3/70

3/V70

V8/70
l»/8/70

4/8/70
lt/13/70

3/31/70

V8/70
V8/70

(Continued on following page)

Total outstanding
end of month

Retired

(In millions of dollars)

6

35
4
2
16
91

11
7
54

6
10
4
2
16
91
11
7
54

15
28
10
26

26

7
7
75
2

7
75

28

28

22

5

165
10

165

42

130
19
28
7
2

30

17
10
42
8
30

5

5

15

15

5

5

18

18

271
42
3
35

17

42

2,285

3

35
17

3

3

29
34
4
250

IB
34

19
3

18

18

9

49
35
23
159
46

49
23

159
1

6

130

100
50

100
150
100
25
11
45
6

19
17
30
30
36
12
51
l4

51

84

84

7

200
18
19

200
19

>

2.606

60

Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table PDO-9.

-

Foreign Series Securities (Nonmarketable)

Issued to Official Institutions of Foreign Countries

-

(Continued)

JAay 1970

61

.PUBLIC

DEBT OPERATIONS

Table PDO-10.

- Foreign Currency Series
Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries

Month of
activity

Payable

Securities

in

Notes
1967 -July...

Certificates of indebtedness

7/3/67

1/3/72

4/26/67
5/10/67
7/26/67

7/26/67
7/26/67
10/26/67

German marks
German marks
Austrian
schillings
Austrian
schillings

8/1/66
8/1/67
8/23/66

8/1/67
2/3/69
8/23/67

8/23/67

2/24/69

German marks
German marks

9/1/66
9/1/67

9/1/67
3/3/69

/Tierman marks

10/3/66
10/7/66
7/26/67
10/26/67

10/3/67
10/6/67
10/26/67
1/26/68

10/2/67
10/3/67
10/6/67

4/3/72
4/1/69
1/6/69

Certificates of indebtedness
Notes

.

Certificates of indebtedness

/Swiss francs
N Swiss francs

i^wiss francs

Notes

Maturity
date

German marks

Notes

Sept.

Issue
date

fSwiss francs
f Swiss francs
[Swiss francs

Certificates of indebtedness
Notes
Certificates of indebtedness

Aug.

—

(Ce
German marks
^ German marks

ISwiss francs

German marks

11/1/66

11/1/67

PSwiss

francs
^German marks
NSwiss francs
[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

fSwlss francs
francs
I Swiss

12/9/66
12/11/67

12/11/67
3/11/69

[Swiss francs
Swiss francs
Swiss francs
iNetherland

10/26/67
1/26/68
1/26/68
1/29/68

1/26/68
7/26/68
1/24/69
1/29/69

(Swiss francs
Swiss francs
German marks

12/9/66
1/9/68
1/5/68

1/9/68
4/9/69
7/5/72

Notes

Swiss francs

3/7/68

6/9/69

Apr ....

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

May

Notes

(Swiss francs
Swiss francs

1/2V/67
5/27/68

5/27/68
9/29/69

12/12/66

6/12/68

Certificates of indebtedness
Nov.

.

.

Notes

I

Certificates of indebtedness

guilders

1968- Jan

Notes
Mar.

.

.

.

{Austrian
schillings
Austrian
schillings
German marks

June ....

^wiss francs
Swiss francs
S Swiss francs
Vwiss francs
J

July

Certificates of indebtedness

Notes

/Italian lire
Utalian lire

Aug

Notes

/German marks
\perman marks

Sept

Notes

'Swiss francs

Swiss francs

Certificates of indebtedness

Swiss francs
Ts
Swiss francs
1Swiss francs
Swiss francs

Notes

German marks
JHetherland

Certificates of indebtedness
Deo

( guilders

[Gemian marks

^erman marks
/Belgian francs
Noerman marks

Utalian lire

6/12/68

12/12/69

6/24/68

12/22/72

1/26/68
7/5/68
7/16/68
7/26/68

Treasury Bulletin\

62

PUBLIC DEBT OPERATIONS,
Table PDO-10.

-

Foreign Currency Series Securities (Nonmarketable)

Issued to Official Institutions of Foreign Countries -(Continued)

May 1970

63

.PUBLIC DEBT OPERATIONS
Table PDO-10.

-

Foreign Currency Series Securities (Nonmarketable)

Issued to Official Institutions of Foreign Countries

-

(Continued)

Amount (Dollar equivalent)

Month of
activity

Payable

Secxirities

Issue
date

Maturity
date

Interest
rate

Retired

(Percent)

Certificates of indebtedness

1970-Fet)

Mar.

Notes

. .

Certificate^ of indebtedness
Apr.

.

,

Notes

Bureau of the Public Debt.

8/6/69
2/6/70

2/6/70
8/6/70

German marks
German marks
German marks

7/3/67
4/1/68
6/24/68

1/3/72
10/2/72
12/22/72

(In millions of dollars)

7.45
8.125

50

5.28
5.73
6.25

10
10
10

Swiss francs

10/7/69

U/7/70

7.73

fSwiss francs

1/6/69

V6/70

Swiss francs

V6/70

7/6/71

6.15
6.75

j

Source:

Swiss francs
Swiss francs

Total outstanding
end of month

50

55

52
52

Treasury Bulletin

64

.UNITED STATES SAVINGS BONDSSsries E and H are the only savings bonds currently
Series E has been on sale since May

interest yields, maturities, and other terms appear in the

1941,

Treasury Bulletins of April 1951, May 1952, May 1957, October

Series

and December 1959, and May and October 1961; the Annual Report

A-D were sold from March 1, 1935, through April 30, 1941.

of the Secretary of the Treasury fiscal year 1966 (pages 197

being sold.

and Series H has been on sale since June 1, 1952.

Series F and G were sold from May
30,

1952.

1,

April 30, 1957.

through April

194.1,

Series J and K were sold from May

1,

1,

1952, through

and 258), and fiscal year 1967 (pages 179 and 181);

Treasury Bulletin of June 1968.

Details of the principal changes in issues,

Table SB-1.

-

Sales and

Redemptions by

(

Series,

Cumulative through. April

In millions of dollars)

30,

1970

and the

}\ay 1970
65

.UNITED STATES SAVINGS BONDS.
Table SB-3.

Sales and Redemptions by Periods, Series

E through

K

(In millions of dollars)

Period

Sales 1/

Accrued
discount

Sales plus
accrued
discount

Hedemptions 1/

Total

Sales
price 2/

Series E and H combined

Fiscal years :
1941-60
1961
1962
1963
196i
1965
1966
1967
1968

102,560

1969

Calendar years

19a-60
1961
1962
1963
196i
1965
1966
1967
1963
1969

4,421
4.518
4.656
4,543
4,650
4.965
4.739

14,960
1,254
1.331
1,386
1,458
1,502
1,542
1.619
1.731

4,550

1,788

104,629
4,539
4,278
4,760
4,609
4.486
4,860
4,898
4,696
4,393

15.576
1.293
1,372
1,404
1,491
1.514
1.530
1,680
1,757
1.832

387
381
383

159

:

Months :

1969-Apr
May.
June.

.

.

.

July.
Sept.

.

Oct
Nov.
Dec

.

.

.

.

1970-Jan
Feb
Mar.

Apr ....

Fiscal years
1941-60
1961
1962
1963
196i
1965
1966
1967
1968
1969

:

Calendar years

19a-60
1961
1962
1963
196i
1965
1966
1967
1968
1969

Months :

1969-Apr
May
June.

.

.

July.

.

.

.

.

Aug
Sept
Oct
Not
Deo

1970-Jan
Feb
Mar
Apr

.

404
274
346

168
138
159152
143
169

381
383
427
366

172
151
160
157

389
348
321

.

Aug

:

Ul

117,519

Amount outstanding

Accrued
discount j/

Interest- bearing
debt

Matured
noninterestbearing debt

Treasury Bulletin

66

.UNITED STATES SAVINGS BONDS.
Table SB-3.

-

Sales and Redemptions by Periods, Series

E

through

K

-

(Continued)

(in millions of dollars)

Redemptions
Sales 1/

Accrued
discount

Sales plus
accrued
discount

Sales
price

Jy'

1^'

Accrued
discount

Exchanges of
E bonds for
H bonds

^

Amount
outstanding
{ interestbearing debt)

Series E
Fiscal years

:

19/11-60

1961
1962
1963

196i
1965
1966
1967
1968
1969

Calendar years

14,960
1,254
1,331
1,386
1,458
1,502
1,542
1,619
1,731
1,788

111,296
4,943
5,005
5,300
5,594
5,614
5,787
6,217
6,196
6,131

73,640
4,394
4,343
4,203
4,363
4,538
4,801
4,395
5,154
5,548

66,676
3,673
3,613
3,461
3,609
3,705
3,904
3,982
4,178
4,462

6,964

98,082

15,576
1,293
1,372
1,404
1,491
1,514
1,580
1,680
1,757
1,832

113,659
5,003
4,996
5,589
5,623
5,606
6,031
6,255
6,209
6,052

75,783
4,249
4,349
4,229
4,425
4,650
4,913
4,941
5,300
5,835

68,474
3,546
3,595
3,495
3,646
3,787
3,997
4,022
4,283
4,661

7,309
703
754
733
780

144

526
452

104
94

533

422
358
422

721
731

742
754
833
897
913
976
1,086

201
188
219
191
206
188
212
216
196
184

37,456
37,817
38,260
39,166
40,190
41, 078
a, 853
42,959
43,805

278
212
199
208
198
190
224
207
191
180

37,597
38,140
38,587
39,740
40,739
41,504
42,398
43,504
44,222

15
13
16

44,179

19
14

44,170
44,151
4^,134
44,162
44,193
44,259

U,205

:

194.1-60

3,711
3,624
4,185
4,132
4,092
4,450
4,574
4,452
4,220

1961
1962
1963
1964
1965
1966
1967
1968
1969

Months

96,337
3,689
3,674
3,914
4,136
4,112
4,246
4,599
4,466
4,343

863

916
919
1,017
1,173

U,259

:

371
369
371

159

515
511
530

374
334
309
391
265
334

168
138
159
152
143
169

542
472
468
543
408
503

558
477
471
500
366
423

446
383
382
400
296
339

112
95
90
106
70

1970-Jan
Feb
Mar

362
365

455
4D9
46O
389

134
105
122

21

4A,188
44,169

24

U,136

354

535
516
573
511

589
515
582

Apr

172
151
160
157

110

20

44,127

201

5,259
5,989
6,695
7,193
7,546
7,716
7,829
7,858
7,766
7,506

1969- Apr

May
June
July
Aug
Sept
Oct
Nov
Dec

a3

la

499

111

85

14
15
11
13
17

U,225
U,205

Series H
Fiscal years :
1952-60
1961
1962
1963
1964
1965
1966
1967
1968
1969

6,223
775
747
604

6,223
775
747
604
521
431

,165
233

1,165
233
260
298
373

650

188
219
191
206
188
212
216
196
184

,284
235
287
328
416
467
564
497

278
212
199
208
198
190
224
207

615
730

180

5,540
6,345
6,912
7,367
7,627
7,744
7,815
7,848
7,668
7,290

60

15
13
16

7,568
7,537
7,506

77
59
62

77

19

59
62

14
14

70

70

55

55
54

15
11
13

7,463
7,432
7,396
7,354
7,319
7,290

66
69
78

17
21
24

367
273
207

260
298
373
449
504
553
561
650

,546
828

6,546

1,284

828

654

654

235
287

575
477
394
410
324
244
172

575
477
394
410
324
24A
172

328
416
467
564
497
615
730

16
12
13

55

55

June

16
12
13

60

July
Aug
Sept
Oct
Mov

14
14
12
13
10

14
14
12
13
10

Dec

11

11

54

1970-Jan
Feb
Mar
Apr

18
18
13
11

18

66
69
78
64

Calendar years :
1952-60
1961

1962
1963
1964
1965
1966
1967
1968
1969

Months

521
431
404
367
273
207

404

44,9

504
553
561

191

:

1969- Apr

May

Footnotes at end of Table SB-4.

18
13
11

64

64

64

7,259
7,230
7,189
7,157

Uay 1970
^UNITED STATES SAVINGS BONDS.
Table SB-4.

-

Redemptions

of Matured and

Unmatured Savings Bonds

(In millions of dollars)

Matured

Period

Total 1/
Total

Fiscal years
1951-54
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969

Series E
and H

23,382
7,251
7,846
8,958
8,544
7,249
8,557
5,819
5,716

5.982
b,339

6,118
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
2,548
2,560

3,355
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
2,289
2,417

23.859
7,301
8,264
9,630
7,255
8,772
6,732
5.595
5,602
5.021
5,252
5,441
6,000
5,793
6,133
6,639

7,276
4,230
4.246
4,156
3,393
4,701
3,033
2,555
2,387
2,043
2,171
2,148
2,472
2,386
2,652
2,686

4,050
2,047
1,891
2,084
1,691
2,433
1,94^
1,633
1,656
1,617
1,889
1,932
2,080
2,041
2,443
2,601

1969- Apr.
May.
June.

599
513
597

206
282
215

194
272
211

July.
Aug..
Sept.
Oct..

Dec.

637
540
538
574
422
479

247
176
268
229
197
236

243
173
263
224
195
235

1970- Jan.
Feb..
Mar.
Apr.

656
584
662
564

185
184
343
320

183
183
341

Calendar years
1951-54
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969

Nov.

Other

:

5

,

273

5,164
5,346
5,724
5,4.'2

:

313

2,762 i/

67

Treasury Bulletin

68

UNITED STATES SAVINGS BONDS.
Table SB-o.

-

Sales and Redemptions by Denominalions. Series
;

It.

:b:Tiss2sis

E and H- Combined

r? Pieces)
i;.-T.:

»-«C«'

T^^ET^-

tC.XC^

c

}Aay 1970

69

UNITED STATES SAVINGS NOTES

Sales of United States savings notes began May

1,

1967.

The notes are eligible for purchase by individuals with the

simultaneous purchase of Series E savings bonds.

The principal terms and conditions for
purchase and
redemption and information on investment
yields of the savings
notes appear in the Treasury Bulletins of
March 1967 and June
1968.

Table SN-1.

-

Sales and Redemptions by Periods
(In millions of dollars)

Sales

Fiscal years
1967

Accrued
discount

Sales plus
accrued
discount

Rniemp+i

Total

Sales
price

:

1

1

1968

201

201

1969

326

12

338

35

H
7

Calendar years :
1967.

80

80

1968.

277

281

7

1969.

348

366

76

Months
1969-Apr..

18

:

May.
June.

July.
Aug..
Sept.
Oct..
Nov.

Dec.
1970- Jan.
Feb.
Mar.
Apr.

2k
27
3k

1
1

25
28

1

35

30
27

2
2
2
2
2
2

32
29
32
36
25
33

7
6

9
10

30
3U
23

31
27

2

29

31

2

33

32
19

2

3i
21

I*

6
6

9

12
1.'

Treasury Bulletin

70

.OWNERSHIP OF FEDERAL SECURITIES.
Table

OFS

-1.

-Distribution of Federal Securities by Classes of Investors and

Types of Issues

May 1970

71

.OWNERSHIP OF FEDERAL SECURITIES
Table OFS-2.

-

Estimated Ownership of Public Debt Securities by Private Investors
(Par values 1/ in billions of dollars)

_^
Total
privately
held

Commercial
banks
2/

Honbank investors
Individuals 2/

Savings bonds

Total

Series
E and H

Foreign
and international
5/

Other
investors
6/

1.9

7.5

137.9
133-8

63.9
64.1

30.8
30.3

12.5
13.9

20.6
20.0

24.4
24.9

11.1
11.8

19.9
15.3

6.7
6.3

2.4
2.1

9.5
9.3

ZOA.b
199.9

65.6
61.8

139.0
138.0

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
8.8

3.5
4.3

9.6
9.3

19A.3
196.3

58.4
61.5

136.0
134.8

65.4
64.6

34.5
34.7

14.6
14.4

16.3
15.5

17.1
16.4

10.2
9.8

20.1
20.7

9.4
9.6

4.2
4.3

9.6
9.4

19^.8
199.8

61.1
63.4

133.7
136.4

64.8
65.2

34.9
35.3

14.1
13.3

15.7
16.0

15.7
16.0

9.6
9.5

18.8
19.9

4.7
5.3

9.7
9.4

196.7
203.8

58.8
63.7

137.9
140.2

66.1
64.8

36.0
36.7

13.2
12.7

16.8
15.4

16.0
15.9

9.5
9.2

18.6
21.5

12.0
12.7

5.7
5.9

10.0
10.2

199.9
207.1

.63.6

136.3
138.0

64.8
63.5

37.5
38.2

12.1
11.7

15.2
13.6

15.4
15.3

9.1

69.1

13.9
14.4

6.0
6.3

203.0
207.0

63.5
62.0

139.5
145.0

65.2
65.0

39.3
40.1

10.9
10.2

15.0
14.8

15.0
14.6

8.7
8.5

18.6

14.7
15.4

6.8

23.2

7.5

10.5
10.8

193.5
200.5

57.3
59.5

141.2
141.0

66.6
65.9

40.9
41.4

9.4
3 .7

16.
15.8

13.6
13.2

8.3
8.0

17.3
18.7

16.1
16.3

7.9
7.8

11.4
11.1

194.
197,

56.2
59.5

138.5
138.4

66.3
64.9

41.5
41.6

7.6
6.6

17.2
16.7

12.7
12.5

7.9
7.6

16.1
17.7

16.8
16.6

7.6
7.6

11.1
11.5

197.
20A.

65.2
67.5

132.5
137.0

64.4
63.7

42.1
42.5

5.9
5.2

16.4
16.0

12.2
12.6

7.4
7.2

14.1
18.1

16.3
16.5

6.5
7.7

11.6
11.2

206.
212.

61.5
60.3

144.8
152.5

66.3
69.4

42.6
42.4

4.5
3.5

19.3
23.5

12.6
12.5

7.3
6.9

19.8
21.4

16.9
18.0

10.1

12.0

11.8
12.3

206.7
210.0

55.3
62.1

151.4
148.0

69.7
66.1

42.5
42.9

3.1
2.7

24.1
20.5

12.0
11.8

6.6
6.2

19.5
18.7

18.8
18.7

12.3
13.0

12.5
13.5

208.0
214.8

62.5
67.2

145.5
147.7

64.6
65.9

43.6
44.2

2.5
2.2

18.6
19.5

11.4
11.3

6.3
6.1

18.5
18.5

19.3
19.0

12.7
13.4

12.7
13.5

2U.3
219.5

65.1
67.1

149.2
152.3

65.7
66.0

44.6
45.1

2.1
1.9

18.9
19.1

11.3
11.5

6.2
6.0

18.2
18.6

20.1
20.1

14.1
15.3

13.6
14.8

218.2
220.5

64.3
64.2

153.9
156.3

66.0
68.2

46.0
46.7

1.6
1.5

18.5
20.0

10.9
11.2

6.0
5.6

18.7
18.7

21.4

15.8

218.3
222.5

60.2
63.9

158.2
158.6

68.8

47.3
47.9

1.3
1.2

20.2
20.7

10.8
11.0

5.8
5.5

18.9
18.2

22.5
21.1

217.1
220.5

58.2
60.7

158.9
159.8

70.9
72.1

48.3
48.8

1.0

21.5
22.4

10.5
10.3

5.6
5.3

15.3
15.8

24.1
22.9

213.4
219.2

54.8
57.4

158.7
161.8

73.1

49.2
49.8

.7

23.2
24.4

9.6
9.5

5.0

74.6

4.6

14.2
14.9

24.5
24.9

207.7
222.4

55.5
63.8

152.2
158.7

70.9
74.0

50.4
50.9

20.3
22.9

8.6
8.6

4.1
4.1

11.1
12.2

24.9
25.1

225.3
229.2
226.9
223.4
226.0
219.2
223.1
224.5
224.9
227.7
226.9
228.5

62.8
63.7
62.0
59.8
60.8
59.8
61.2
62.1
63.5
65.3
63.9
65.5

162.5
165.5
164.9
163.5
165.2
159.4
161.9
162.4
161.4
162.3
163.0
163.0

74..5
75..2
75..2
75..2
75..4
74..2
74..7

50.9
51.0
51.0
51.0
51.1
51.1
51.1
51.2
51.2
51.3
51.4
51.4

23.4
24.0
24.0
24.0
24.1
23.0
23.4
23.6
23.9
23.6
23.3
23.7

8.5
8.4
8.5
8.3
8.4
8.1
8.1
8.1
8.1
8.1
8.0
8.0

4.0
4.1
4.1
4.0
4.0
3.9
3.9
3.8
3.8
3.6
3-6
3.6

13.4
14.8
14.1
13.6
15.6
13.0
14.3
14.5
12.9
14.0
14.3
14.6

25.6
26.4
27.1
26.9
26.8
26.6
26.7
26.9
26.7
26.8
26.7
27.1

230

165.7
166.9
167.5
167.0
167.1
159.9
161.9
164.0
165.2
167.0
167.4
165.6

75.9
76.1
76.4
76.6
76.8
76.4
76.9
77.2
77.8
78.5

7.9
7.8
7.7
7.6
7.9
7.7
7.4

3.0
3.b
3.6

78.7
79-h

51.4
51.4
51.3
51.3
51.3
51.2
51.1
51.1
51.0
51.0
51.0
51.1

24.4
24.7
25.0
25.2
25.4
25.1
25.7
26.0
26.7
27.4
27.6

16.3
17.3
17.6
17.0
17.4
15.1
15.3
16.3
15.2
16.4
16.3
15.'-

27.8
28.4
28.1
28.7
28.1
27.3
27.5
27.3
27.6
27.0
27.3
27.1

222

64.2
60.8
60.6
58.6
56.4
54.9
56.0
54.7
54.4
55.7
56.4
56.5

223-5
223.6
225-9

5U.3
52.7
55.2

169.1
170.8
170-7

80.6
81.3
81.7

51-0
50.9
50.8

15.7
15.2

28.3
28.4
27-7

222,
223,

2/
|V

banks

^

State
and
local
governments

93.8
74.5

219

?/

ings

Corporations

231.6
208.3

218,

•j

Mutual
sav-

12.7

214
217

i/

Insurance
companies

33.4

227.
228,
225,
223,

9.4

74.9
75.2
75.0
74.7
75.3

Office of Eebt Analysis in the Office of the Secretary.
United States savings bonds. Series A-F and J, are included at current redemption value
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.
Includes partnerships and personal trust accounts.
Exclusive of banks and Insurance companies.

pouroe:

Other
series

Other
securities

.9

.5

30.
30.

2.7

7.1
7.1

7.2
7.1

3.5
3.7

3.2
3.1
3.0
3.0

7.2
7.1

7.0

2-9

21.1

Treasury Bulletin

72

.TREASURY SURVEY OF OWNERSHIP, MARCH

31, 1970.

The monthly Treasury Survey of Ownership covers securities

ury Bulletin, for corporations and savings and loan associa-

issued by the United States Government, Federal agencies, Fed-

tions in the September I960 Bulletin, and for State and local

erally-sponsored agencies, and the District of Columbia.

governments in the February 1962 Bulletin.

The

banks and insurance companies included in the Survey currently

account for about 90 percent of all such securities held by

Holdings by commercial banks distributed according to

The similar proportion for corporations

Federal Reserve member bank classes and nonmember banks are

these institutions.

and for savings and loan associations is 50 percent, and for

State and local governments, 70 percent.

Data were first pub-

lished for banks and insurance companies in the May 19^1 Treas-

published for June 30 and December. 31.

Holdings by corporate

pension trust funds are published quarterly, first appearing in
the March 195'i Bulletin.

lAay 1970

73

-TREASURY SURVEY OF OWNERSHIP, MARCH
Table TSO-2.

31.

1970-

Interest-Bearing Marketable Public Debt
Securities

-

by Type and Maturity Distribution
(Par values

Total
amount
outstanding 1/

Classification

U.S.

Govern-

ment accounts and
Federal
Reserve
banks

By type security ;
Issued by U.S. Government:
Treasury bills
Treasury notes
Treasury bonds

83,729
91,368
63,098

Total

21,566
38,535
12,0U6

238,195

By maturity distribution ;
Call classes (due or first
becoming callable);
Within 1 year
1 to 5 years
5 to 10 years
10 to 15 years
15 to 20 years
20 years and over

72,11*7

Total

Held by investors covered in Treasury
Survey
Insurance companies

%758
commercial
banks
2/

495
mutual
savings
banks
2/

6,822

11*1

21,71*1

1,198
1,506

15,771*

1*U,337

2,81*5

^159

290
life

fire,
casualty,
and
marine

189
173
2,993

171
901*

1,621

3,355

709

ll*7

11,1*99

3,Ol»5

377
79

279

715

38
3U5
38

'*'',337

2,31*5

3,355

2,696

10,381*

1,039
72,11*7

121,272
75,889
19,329
3,'t55

17,623
22,523
3,588

36,31*6
20,621*

15,11*9
2lt,996

9,759
901

3,1*21*

586
1,181
282
70
1*1*7

State and local
governments

488

36,750
20,220

238,195

Total

in millions of dollars)

127,041
70,120
22,092
1,905
5,537

Maturity classes (final
maturity)
Within 1 year
1 to 5 years
5 to 10 years
10 to 15 years
15 to 20 years
20 years and over

-

681
1,302
292

337
318
1*58

381
,11*7

all

savings |1*68
and loan corpoassocia- rations
tions

5,221*

1*07

2,529
2,689

ll'S

1*6,783
23,551*

3,076

20,086

534

3,716

i*,6q6

10,1*1*3

3,c25

90,1*21*

1,303

3,31*9

6,562
2,396

1*97
3I.5

59,728
18,787

989

536
81

5,1*62

5

72 1*
82
505

1,611

313
3,570

1*

171*

555

2,561*

161
16

3,71o

1*,C:06

10,1*1*3

3,625

90,1*21*

1,803

6,382
2,575

1*65

57,796
20,718

973
538
71

930
1,869
308
75

1,180
58
10

1*1*7

229

520

810

3,01*1*

1*25

1,1*61*

,989

1,1*85

156

232
67

21*2

57
12
1

235
290

91*

61*9

333

928

2,763

2l*2

1*21*

238,195

72,11*7

'»'*,337

2,81*5

121
233
322

13I*

280
3,35

=

2 . •j9f

^

2,138
1,083
1,385

532

1,751*

187
other
316
pension invesgeneral and re- tors
fund!
tirement
funds

Memorandum:
Held by
34,695
corporate
pension
trust
funds 4/

286
1,508
1,922

1,235
227

7,096
11,155

Held by

,

Tl'i

538
188
397
361

378
212
268
738
1,565

10,UU3

3,t25

I*,

1*81

921
2,286
1*,221

727
542

527

91
19

28
33
154

90,1*21*

Footnotes at end of Table TSO-6.

Table TSO-3.

-

Interest-Bearing Marketable Public Debt Securities by Issue
millions of dollars)

(Par values

Held by investors covered in Treasury Survey
Insurance companies

Total
amount
outstanding 1/

Issue

bill s:
Regular weekly and annual
maturing
Apr.
1970
May
1970
June
1970
July
1970
Aug.
1970
Sept.
1970
Oct.
1970
Nov.
1970
Dec.
1970
Jan.
1971
Feb.
1971
Mar.
1971

Government accounts and
Federal
Reserve
banks
U.S.

5,758
commercial
banks
2/

^95
mutual
savings
banks

290
life

2/

State and local
governments

488
459 fire, savings 1*68
casualty, and loan corpoassocia- rations
and
tions
marine

Held by
all

187

other
316
pension invesgeneral and re- tors 2/
funds
tirement
funds

Memorandum:
Held by
34,695
corporate
pension
trust
funds

^

Treasur-,r

Tax anticipation:
Apr.
1970
June
1970
Sept.
1970

61*

8c.

9e'

18
37

1*8

2

5

1*

5

62

19
9
15
6

28
81
23
lU

81*

3

1

2U6
71
75
222

1*

355
355
258

117
297
10

271
879

Sljh

,822

8,761*

6,232

811*

1*3

7,793
2,329
7,67^

5,1*62

903

392

71*9

1,631*

2,139
908
1,020
1,361

29
31
127
6U
50
57

718
,721

603
,711*

,50U
,501
,502
003
,200
,201

1*,711

925

1*,599

1*59

3,807
1,807
2,053
1,720
635
U78

1,007
293

36I*

U,767
1*,508

1,758

Total Treasury bills

Treasury notes
b-3/8%
ttoy
5-5/8
May
6-3/8
Aug.
5
Nov.
7-3/1*
Feb.
5-3/8
Feb.
8
May

31
16
23

,525
,502

83,729

21

,

2 1*5

1,637

35
9
2l*

2

1

Footnotes at end of feble TSO-

2,921*

2,509
1*,173

171
220
705

1*1*

189

u

3,360
3,252

45
21

5,1'*5

5

,686
,770

8

28
30
77
10

71

2
2

39
58

57
12

295
26I*

285
321
127
,221*

1*07

1*6.783

3

181
118
339
122
63
185

2

1,371
1,117
936
2,951
1,573
1.036
1.686

3

1^

171

286

2,138

29
25
20
117
25

bO

1*U

1*8

18
23

59
11*2

1

ll*

10

62

37

(Continued on follovfing page)

2

7,21*5

505

25
88

2

61*1*

128
28

1*03

11.

lUl

692
850
763
515
669

270
1L4
98
38
28
55
8
2
7
10
30

9,332
7,383

77

3

30

70

11*5

3

31*1*

165

ll*

1*

3
2

:

1970-C
197O-B
I97O-D
1970-A
1971 -D
197I-C
1971 -E

5

362

1,078
872
1,003
356

208
28
16
b2

1*8
1*3
1*1*

1*78

3

13
6
1

7

12
36
70
38
26
38

Treasury Bulletin

74

TREASURY SURVEY OF OWNERSHIP, MARCH
Table TSO-3.

-

31, 1970,

Interest-Bearing Marketable Public Debt Securities by Issue

-

(Continued)

(Par values - In millions of dollars)

Held by investors covered

ixi

Treasury Survey

Insurance companies

Total
amoxint

outstanding 1/

Treasury notes - (Continued)
1971 -A
5-1/4^ May
Aug. 1971 -F
8-lA
Nov. 1971-B
5-3/8
Feb. 1972-A
A-3A
1972-B
May
4-3A
7-3A May 1973-A
8-1/S
Aug. 1973-B
5-5/8
Aug . 1974-B
Nov. 1974-A
5-3/4
5-3/4
Feb. 1975-A
May
1975-B
6
Feb. 1976-A
6-1/4
6-1/2
May
1976-B
7-1/2
Aug . 1976-C
8
Feb. 1977-A
1-1/2
Apr. 1970-EA
Oct. 1970-EO
1-1/2
1-1/2
Apr. 1971 -EA
Oct. 1971 -EO
1-1/2
1-1/2
Apr. 1972-EA
Oct. 1972 -EO
1-1/2
1-1/2
Apr. 1973-EA
1-1/2
Ctet.
1973-EO
1-1/2
Apr. 1974-EA
Oct. 1974-EO
1-1/2
Total Treasury notes

Treasury bonds
2-1/2? Mar.
2-1/2
June
2-1/2
Sept.
2-1/2
Dec.

U.S. Ciovemment accounts and
Federal
Reserve
banks

5,758
commercial
banks
2/

4,265
2,252
1,734
2,00d

1,889
330
292
427

839
968

5,310
1,157
1,839

2,906
134
288
5,398
1,460
1,599
4,405
2,857
685
590
457

1,099
457
783
2,385

10,234
3,981
5,148
6,760
3,739
2,697
1,682
1,856
38

113
35
72

34
33
34
30

537
798

976
1,615
900
360
906
345
721
15
33
6
41
9
13

495

mutual
savings
banks
2/

290
life

45
25

55
21

50
31

5

30

31
78

10
46

2

48

1

16
10

61
26
16

99
36

81
6
20
311
79
209
78
20
47

61
10
69
84

47

4

23
51
45

2

1

39

13
20
189
78

106

459 fire,
casualty,
and
marine

488
savings 468
and loan corpoassocia- rations
tions

49
15
58
31
21

75
57

108
36
5

1

12

21

3

3

18

6

36
15
43
17
10
12

1

State and local
governments

187
316
pens ion
general and refunds
tirement
funds
120
68
147
112
100

10
33

218
90
160
95
12
71
87
25
7

7
1
4

8
2

1
1

14
4

27
27
2

6
3

2

Held by
34,965
Corporate

other
investors 2/

pension
trust
funds 4/

1,211
782
624
457

26
12
18

972
509
612
1,524
1,124
1,305
1,136
461
834
598
569

22

9
2

46
33
22
50
15

12
5

18
9

13
7
6

5

11
15

2

34
19

Memorand\im;

all

49
29
9

3

17
14

Held by

1

1,198

173

904

1,503

5

10
20
17

27
31
67
64
88
73
56
50
59

11
22
38
60
90

91,368

38,535

21,741

1,220
1,239
1,951
2,579
4,129
2,806
2,760
2,344
2,579
3,394
4,347
3,123
3,583
2,240
1,214
1,550
2,595
1,905
1,085
3,813
249
1,556
4,797
1,371
4,166

207
122
74
208
462
603
496
292
532
564
451

494
403
1,168
903
1,253
1,080
1,160
923
930
1,471
1,328
1,306
1,308
588
76
87
192
147
54
144

lis

2

5

1,127
152
887

17
161
22
57

22
277

63,098

12,046

235,195

72,147

1,03

143

23,554

542

353
508
375

1

:

4
4

3-7/8
4
4
4

4-1/8
4-1/8
4-1/4
3-7/8
4-1/4
3-1/4
4
3-1/2

3-1/4
4-1/4
4

4-1/8
3-1/2
3

3-1/2

Aug.
Aug,
Nov.
Feb.
Aug.
Aug.
Nov.
Feb.

May
Nov.

May
June
Feb.
Nov.

May
Aug.
Feb .

May
Feb.
Feb.
Nov.

1966-71
1967-72
1967-72
1967-72
1970
1971
1971
1972
1972
1973
1973
1974
1974
1974
1975-85
1978-83
1980
1980
1985
1987-92
1988-93
1989-94
1990
1995
1998

Total Treasury bonds
Total marketable public
debt securities

Footnotes at end of Table TSO-6.

56<:>

597
685
434
192
765
709
194

1,153
69
503

20
11
23
42
40
26
51
25
81
93
83
82
19
31
24

70

12
8

14
19
12
20
30
25
31
25

147
150
117
102
50

53

76
88

97
127
166
123
136

65
70

96

185
12
36
115
19

2

29
251

15,774

1,506

2,993

1,621

1,922

44,337

,345

,355

2,696

3,716

36
79
13
25

81

421
29
69
35
42
134

12

30
29
60
38
25
203
3

166

71
19
47
88
75
99

34
268
134
381
198
142
32
79
696
34
681

53
70
25

85
58

^t

20
47
30
101
142
82
129
143
101
199
227
72
88
111
30

1

106
248

10

82
43
99
7
82
275

4
21
21
7

10
22

14
32
38
35
62
49

136
187
173
81
62

548
29
433
539

1,049
1,598
829
725
720
766
1,118
1,299
727
1,081
629
373
608
882
313
385

1,220
90
347

1

7
3

35
19
18
22
25

46
48
22
30
18
11
9
24
19
6

117
7
14
16
6
10

t.3

69

111

486

1,528
966
1,598

1,385

2,689

3,076

20,036

534

4,606

10,443

3,625

90,424

1,303

70

Hay

1970

75

.TREASURY SURVEY OF OWNERSHIP. MARCH
Table TSO-4.

-

31. 1970.

Interest-Bearing Nonmarketable Public Debt Securities by
Type

Treasury bulletin

%
— TREASURY
Table TSO-6.

-

SURVEY OF OWNERSHIP. MARCH

(Memorandum)

Securities Issued by

31, 1970.

Government-Sponsored Agencies

and the District of Columbia

fAay 1970

Treasury Bulletin

78

.MARKET QUOTATIONS ON TREASURY SECURITIES, APRIL

The securities listed include all regularly quoted public
marketable securities issued by the United States Treasury. Securities issued by Federal agencies and guaranteed
by the United States Government are excluded.

Current market quotations shovm here are over-thecounter closing bid quotations in the New York market
for the last trading day of the month, as reported to
the Treasury by the Federal Reserve Bank of New York.

Table MQ-1.
Amount outstanding
(millions)

30, 1970.

-

Treasury Bills

}\ay 1970
.MARKET QUOTATIONS ON TREASURY SECURITIES, APRIL
Table MQ-3.

-

Treasury Bonds

(Price decimals are 32ndE)

Amount
out
standing
(millions)

79
30, 1970.

Treasury Bulletin

80

.MARKET QUOTATIONS ON TREASURY SECURITIES. APRIL

o
00

in

30, 1970.

o

IT)

CO

o
00

X

I

ij

\a

00

X

I

ro
*

/

>^

/9
3

^

UJ

I

Ik/
^^

UJ c

BCO
CO o

i

§^
QC

(A

CO

$
C/9

-

iS

.,

}\ay 1970

81

AVERAGE YIELDS OF LONG -TERM BONDS
Table AY-1.

Period

Treasury
bonds 1/

-

Average Yields of Treasury, Corporate and Municipal
Bonds by Periods

Aa new

corporate
bonds 2/

I. B. A.

new Aa
niunic ipal

Treasury
bonds 1/

bonds 2/

Aa new
corporate
bonds 2/

I".

B. A.

new Aa
niunic ipal
bonds 2/

Treasury
bonds 1/

Aa new
corporate
bonds 2/

I. B. A.

new Aa
municipal
bonds 2/

Treasury
bonds 1/

Aa new
corporate
bonds 2/

o.nthly se-ies - averages :f ially or
weekly series

1962

4.58
4.60
4-53
4.60

June

3.91 i/
3.92
3.^2
4.01
4.08
i.09

JulyAug.
Sept,
Oct.,
Nov.
Dec.

4.11
4.10
4.26
4-11
4.12
4.27

4.95
4.90
5.28
5.37
5.14
5.27

Jan.
Feb.
Apr.
May.
Jime,

4.37
4.22
4.08
4.18
4.16
3.98

July,
Aug.,
Sept,
Oct.
Nov.
Dec.

Jan.
Feb.
Mar.
Apr.
May.

5/'

4.08
4.09
4.01
3.39
3.88
3.90

5.00

4.02
3.98
3.94

V

3.89
3.87

1960

Mar

.

,

5.34
5.24

V

1965

3.25
3.15
3.10
2.95
3.05
3.15

4.14
4.16
4.15
4.15
4.14 5/
4.14

4.45
4.45
4.49
4.48
4.52
4.57

3.00
3.03
3.10
3.05
3.10
3.20

5.18
16

4.41
4.39
4.28
4.26
4.23
4.23

3.20
3.08
3.05
2.95
2.90
3.00

4.15
4.19
4.25
4.28
4^34
4.43

4.57
4.66
4.71
4.70
4.75
4.92

3.20
3.15
3.30
3.30
3.35
3.45

4.43
4.61
4.63
4.55
4.57
4.63

5 .40

22
4, 25
4, 28
4, 35
4 36
.32

2.98
3.00
2.95
3.00
3.00
3.10

4.01
3.99
4.04
4.07
4.11
4.14

4.34
4.34
4.40
4.37
4.42
4.49

3.08
3.00
3.10
3.10
3.20
3.15

4.75
4.80
4.79
4.70
4.74
4.65

V

4,

6.57
6.57
6.80
6.79
7.00
7.02

4.10
4.25
4.35
4.23
4.37
4.47

5.09
5.04
5.09
5.24
5.36
5.66

6.91
6.54
6.69
6.88

4.45
4.20
4.30
4.30
4.50
4.63

3.65
3.63
3.65
3.45
3.60
3.70

5.74
5.86
6.05
5.84
5.85
6.05

7.29
7.33
7.76
7.54
7.62
8.04

4.75
4.80
5.10
5.13
5.20
5.60

3.30
4.10
3.93
3.85
3.90
3.80

6.07
6.02
6.32
6.27
6.52
6.81

8.06
3.05
8.36
8.46
8.94
9.22

5.60
5.90
6.05
5.90
6.05
6.65

4.93

6.86
6.44 i/
6.39
6.53

9.00
8.84
9.00
9.09

5.09
5.33
5.38
5.55
5.67

3.35

3.86
3.79
3.84 i/
3.91
3.93
3.88

4.79
4.65
4.64
4.75
4.82
4.94

3.40
3.15
3.30
3.35
3.20

Jan.
Feb..
Mar.
Apr.
May.
June.

3.89
3.81
3.78
3.80
3.73
3.88

4.63
4.43
4.37
4.57
4.67
4.82

4.15
4.14
4.18
4.20
4.16
4.13

4.50
4.39
4.45
4.48
4.48
4.50

3.08
3.05
3.15
3.18
3.15
3.20

4.40
4.47
4.45
4.51
4.76
4.86

5.53
5.35
5.55
5.59
5.90
6.06

3.40
3.50
3.50
3.55
3.83
3.90

July.
Aug..
Sept.
Oct.
Nov.
Dec

3.90
4.00
4.02
3.98
3.98
4.06

4.31
4.79
4.72
4.60
4.52
4.53

4.13
4.14
4.16
4.16
4.12 5/
4.14

4.44
4.44
4.49
4.49
4.48
4.49

3.10
3.10
3.15
3.15
3.12
3.10

4.86
4.95
4.99

6.06
6.30
6.33
6.53
6.87

3.90
3.85
4.00
4.10
4.30

.

.

.

Period

,40
.23

1/

1964

5.81

6.04
6.14
6.04
6,11
5.98
1967

5.19
5.44
5.36

7.00
7.28
1969

4.91

1961

.39
,28

1966

126i
3.45
3.45
3.45

1968

4.56
4.53
4.41
4.37
4.32
4.30

3.S9 ^'
3.92
3.93
3.97
3.97
4.00

I. B. A.

new Aa
municipal
bonds 2/

1970
6.55
6.25
6.15
6.60

Treasury Bulletin

82

.AVERAGE YIELDS OF LONG -TERM BONDS,

CO

U

CD

CO
0>

O
>B
C/9

I

C9

CO
^J

Z_

Hay

1970

83

.INTERNATIONAL FINANCIAL STATISTICS

The tables In this section are designed to provide data
on United States reserve assets and liabilities and other
statistics related to the United States balance of payments
and international financial position.
A number of changes
were introduced in the May 1967 Bulletin to increase the usefulness of this section.

Table IFS-1 shows the reserve assets of the United
States, including its gold stock, special drawing rights held
in the Special Drawing Account in the International Monetary
Fund, holdings of convertible foreign currencies, and reserve position in the International Monetary Fund.

Table IFS-2 brings together the various statistical components of the liabilities which enter into the United States
balance of payments calculated on the liquidity basis. The
inclusion of the United States reserve position in the International Monetary Fund in Table IFS-1 requires that the

Table IFS-1.

-

"holdings of dollars" of the Fund be excluded from the data
on liabilities to foreigners, in order to avoid double counting.

Table IFS-3 presents an area breakdown of United States
liquid liabilities to official institutions of foreign countries .
Table IFS-4 shows United States Treasury nonmarketable
bonds and notes issued to official institutions of foreign
countries.
Table IFS-5 sets forth the factors which affect the
United States position in the International Monetary Fund.

Table IFS-6 presents United States net monetary gold
transactions with foreign countries and international and
regional organizations.

U.S. Reserve Assets

(In millions of dollars)

Gold stock 1/

End of
calendar year
or month

1957.
1958.
1959.
1960.
1961.
1962.
1963.
1964.
1965.
1966.
1967.
1968.
1969.

1970- Jan..
Feb..
Mar.
Apr .

2/

2/

cxirrencies

i/

10,936
11,153
11,153

10 367

15,936
16,195
16,743
16,316 7/
16,000
16,964

11,144
11,154
11,164
11,190
11,171
11,859

10, 367
10, 367
10, 367
10, 367
10,,367
10 367

17,396
17,670
17,350
16,919

11,882
11,906
11,903
11,902

11,,367
11,.367

899
919

2,294
2,338

11, 367
11 367

920
926

1,950
1,581

Includes gold sold to the United States by the International Monetary
Fund with the right of repurchase, and 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. For corresponding liabilities see Table
IFS-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 XUS-4.
Includes initial allocation on January 1, 1970, of $867 million of
special drawing rights (SDR) in the Special Drawing Account ui the
since
International
Fund, plus or minus transactions in SDR

Monetary

y

y

15,948
16,070
16,057

504
,359
,753
,220
,843
,672
450
882
,830
,710
,964

Dec.

Treasury

Convertible
foreign

22,781
20,534
19,456
17,767
16,889
15,978
15,513
15,338
13,733 6/
13,159
11,982
10,367
10,367

,5-40

July.
Aug..
Sep.
Oct..
Nov.

Total
2/

Special
drawing
rights

22,857
20,582
19,507
17,804
16,947
16,057
15,596
15,471
13,806 b/
13,235
12,065
10,892
11,859

,832

1969 -Apr..
May.
June.

1/

Total
reserve
assets

that time
Includes holdings of Treasury and Federal Reserve System.

116
99
212
432
781

1,321
2,345
3,528
2,781

10,,367

10 367

5/

6/

2/

nu::erve

position In
International
Monetary Fund

1,975
1,958
1,997
1,555
1,690
,064

1,035
769
863
326
420
1,290

2,324

3,624
3,474
3,355

1,388
1,443
1,549

3,166
3,399

1,626
1,642
1,782
1,785
1,964
2,324

3,3412/
2,865
2,781

y

2,321
2,507
2,577
2,510

.

right to
In accordance with Fund policies the United States has the
draw foreign currencies equivalent to its reserve position in the
conditions
appropriate
Fund virtually automatically if needed. Under
the United
the United States could draw additional amounts equal to
States quota. See Table IFS-5.
million gold
Reserve position includes, and gold stock excludes, $259
which
subscription to the Fund in June 1965 for a U.S. quota increase
published
by the
figures
In
becajiE effective on February 23, 1966.
gold subscription was
Fund from June 1965 through January 1966, this
reserve position.
included in the U.S. gold stock and excluded from the
from revaluation of the German
Includes gain of $67 million resulting
represents gain on Oeman
mark in October 1969, of which $13 million
See also footnotes 3 and *,
mark holdings at time of revaluation.
Table IFSJt.

..

Treasury Bulletin

84

.INTERNATIONAL FINANCIAL STATISTICS.
Table IFS-2.

-

U.S. Liquid Liabilities to Foreigners
(In millions of dollars)

Liabilities to International
Monetary Fund arising from
gold transactions

End of
calendar year
or month

Total
liquid
liabilities
to all
fore igners

1959
1960 8/...

Total

2/

10,120

300
800

11,078
11,088

800
800

800
800

11,830
11,830

24,068

800
800

800
800

12,748
12,714

26,361
26,322

800
800

800
800

14,387
14,353

800
800

800
800

15,428
15,424

Ul,027

"54,068

1963 8/...

invest-

ment

800
800

/20,994

22,936

1962 8/...,

Gold

deposit
1/

200
500

^2,853

1961 8/

Short-

200
200
500

15,825 7/
16,845 2/
19,428

1957
J.958

Liabilities to foreign countries
Official institutions ^'

1964 8/...

15,372

^29,115

834

34

29,904

1,011
1,011

211
211

800
800

13,600
13,655

1,033
1,033

233
233

800
800

15,653
15,646

133,614

1,030
1,030

230
230

1*2,026

1,019

219

800

34,269
34,930
36,066
37,673
39,045

1,031
1,031
1,033
1,033
1,028

231
231
233
233
228

800
800
800
800
800

10,778
10,772
10,936
12,434
10,237

40,165
41,619
42,703
43,119 2/
43,310
42,026

1,028
1,028
1,019
1,019
1,019
1,019

228
228
219
219
219
219

800
800
800
800
800
800

9,980
11,041
12,485

1970- Jan..

112,939

Feb p

1*3,300

1,019
1,010

219
210

800
800

1965

1966 8/...

.77'^
.-'71

1967 8/.

.

.11'-'

,828

1968 8/...

1969
1969 -Feb...
Mar.
Apr
May.
June.
.

July.
Aug..
Sept.
Oct..
Nov. .

Dec.

12,548
12,481
11,981

,

May

1970

85

.INTERNATIONAL FINANCIAL STATISTICS
Table IFS-3.

-

U.S. Liquid Liabilities to Official Institutions of Foreign
Countries, by Area

1/

(In millions of dollars)

End of

calendar year
or month

Total
foreign
countries

Western
Europe
2/

Latin
American
Republics

Asia

Africa

Other
countrie
i/

1963
196A
1965

14,353
15,424
15,372

8,445
9,220
8,608

1,789
1,608
1,528

1,058
1,238
1,497

020

1:^
IdO

3,300

194

178
245

1966 i'

13,600
13,655

7,488
7,488

1,189
1,189

1,134
1,134

3,284
3,339

277
277

228
228

1967

15,646

9,872

996

1,131

3,145

249

253

548
12,481

7,009
7,001

533
532

1,354
1,354

3,168
3,122

259
248

225
224

1969

11,981

5,860

495

1,671

3,190

543

222

1969-Feb
Mar
Apr
May

10,778
10,772
10,936
12,434
10,237

5,250
5,190
5,522
7,294
5,298

512
466

446
403
461

1,414
1,373
1,445
1,281
1,248

3,069
3,206
2,951
2,904
2,727

262
246
264
235
232

308
317
271

9,980
11,041
12,485
12,690 i/
12,018
11,981

5,132
5,907
7,385
7,400
6,234
5,860

426
451
397
425
446
495

1,292
1,392
1,339
1,485
1,417
1,671

2,616
2,790
2,875
2,857
3,108
3,190

238
255
270
322
570
543

276
246

12,649
14,004

6,287
7,249

600
662

1,735
1,882

3,314
3,333

518
694

195
184

1968

12.,

V
.

.

.

.

.

.

J\ine

. .

July..,
Aug

Sept
Oct
Nov
.

.

.

,

.

Dec

1970-Jan ...
Feb. p
1/

2/

i/

^

Data represent shor-t^term liabilities to the official institutions of
foreign countries, as reported by banks in the United States, and foreign
official holdings of marketable and convertible nonmarke table 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
dependencies in Latin America,

Table IFS-4.

-

^/

^
p

3

,

17fc

271
291

a9
201
243
222

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 shovm for the preceding date; figures on the
second line are comparable to those shovm for the following date.
Includes $17 million increase in dollar value of foreign currency
liabilities due to revaluation of the German mark in October 1969.
Preliminary.

Nonmarketable U.S. Treasury Bonds and Notes

Issued to Official Institutions of Foreign Countries
(in millions of dollars or dollar equivalent)

..

.
.

Treasury Bulletin

86

.INTERNATIONAL FINANCIAL STATISTICS.
Table IFS-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

2,063

191*6-57.

1958.
1959.

.

.

.

.

.

Net

gold
sales

by IMF
1/

Transactions
in
foreign
currencies 2/

6Q0

IMF net
income

Drawings
of
dollars 3/
-1*5

-2

1,031

i960
1961
1962
1963....
196U....
1965....
1966
1967....
1968....
1969.

Payments
of
subscriptions in
dollars

2

150

776

525
U35
680
-81+

.

1969-Apr..
May..
June.
July.
Aug..
Sept.
Oct..
Nov.

Dec.

IMF holdings
of dollars at
end of period

11
16
17
16
18
12
15
20
20
19

Percent
of

Repayments

827
271

-11*9

580
521

l*U2

719
207
5

-111.

-806
-1,31*3

268

1
1

1

-56
-112
-79
-36
-282

20

122

-9

5

-263
-396

32

89

36

Mar.

-33
-262
-178

103

Apr.

-2

66

1970-Jaii
Feb..
.

-42

U.

S.

quota

775

s.

reserve
position
in IMF
at end of
period
hi

dollars

-2,670
-252
-139
-822
-110
-194
-282
-282
-159

Total
change

u.

Hay 1970
.INTERNATIONAL FINANCIAL STATISTICS
Table IFS-6.

-

U.S. Net

Monetary Gold Transactions with Foreign Countries
and International and Regional Organizations

(In millions of dollars at $3^ per fine troy ounce; negative figures represent
net sale s by the United States; positive
figures, net acquisitions)

Area and country
1965

Western Europe
Austria
Belgium
Denmark
France
Germany
Greece
Italy
Netherlands
Spain
Switzerland
Turkey
United Kingdom
Bank for International Settlements
Other
:

Total Western Europe

-100
-83
-88U

-80

-iSo
-50
-37
150

-1,299

Canada
Latin American Republics

;

Argentina
Brazil
Colombia
Mexico
Peru
Venezuela
Other

25

2Q

-25
-13

Total Latin American Republics
Asia
Japan
Other
:

Total Asia
Africa
Total Africa
:

Other countries
Total other countries
:

Total foreign countries

International and regional organizations 1/
Grand total

17

87

"

88

Treasury Bulletin
.CAPITAL MOVEMENTS,

B ackground

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, 193A, Executive Order 10033 of February 8, 19^9, and Treasury regulations
promulgated thereunder. Statistics on the principal types of
data and the principal countries are published monthly in the
"Treasury Bulletin." Reports are filed with the Federal Reserve Banks by banks, securities brokers and dealers, and nonbanking concerns in the United States.
These statistics are
then consolidated, and are published by the Treasury as promptly as possible.
The report forms and instructions used in the collection
of the statistics have been revised a number of times.
The
most recent general revision of the report forms became effective with reports as of May 31, 1963. J/

The present form of the published presentation of the
"Capital Movements" statistics was introduced in the May 1969
issue of the "Bulletin."
The principal changes were the rearrangement of the tables to bring together in separate sections all the data relevant to the same statistical series; the
expansion of the time series on aggregate liabilities and
claims reported by banks to show more detailed breakdowns by
type of holder and type of liability and claim; and the presentation of statistics not previously published on the shortterm liquid claims of large nonbanking concerns.
Basic definitions

The terra "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 branches, 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. The term "foreigner" also
includes persons in the United States to the extent that they
are known by reporting institutions to be acting on behalf of
foreigners.
In general, data are reported opposite the foreign country or geographical area in which the foreigner is domiciled,
as shown on the records of reporting institutions.
For a number of reasons, the geographical breakdown of the reported data
may not in all cases reflect the ultimate ownership of the
assets. Reporting institutions are not expected to go beyond
the addresses shown on their records, and so may not be aware
of the country of domicile of the ultimate beneficiary.
Furthermore, U.S. liabilities arising from deposits of dollars
with foreign banks are reported generally in the Treasury
statistics as liabilities to foreign banks, whereas the liability of the foreign bank receiving the deposit may be to foreign
official Institutions or residents of another country.

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
appropriate international or regional classification except for
the Bank for International Settlements and the European Fund,
vhich are included in the classification "Other Western
Europe.

"Short-terra" refers to obligations payable on deraand or
having an original maturity of one year or less.
"Long-terra"
refers to obligations having an original maturity of more than
one year, and includes securities having no contractual maturity
.

Reporting coverage

Reports are required from banks, securities brokers and
dealers, and nonbanking concerns in the United States, including the branches, agencies, subsidiaries, and other affiliates
in the United States of foreign firms.
Institutions which have
total reportable liabilities, claims or securities transactions
below a specified exemption level, based on the average for the
report dates during a six-month period, including the current
report date, are exempt from reporting.
Banks file reports monthly covering their short-term and
long-term liabilities to and claims on foreigners; an exemption of $500,000 is applicable to reports in each of these
categories.
Twice a year they also report their short-term
dollar liabilities to foreigners in countries not shown separately on the monthly report of liabilities. Banks, securities
brokers and dealers, and in some instances, nonbanking concerns, report monthly their transactions in securities with
foreigners; the applicable exemption level is 1100,000.

Quarterly reports are filed by exporters, importers, industrial and commercial concerns, financial Institutions other
than banks and brokers, and other nonbanking firms if their
liabilities or claims are $500,000 or more.
Such firms also
report the liquid portion of their claims for each month-end
when they have reportable claims of $1 million or more. The
foreign credit and debit balances of securities brokers and
dealers are reported quarterly; the exemption level applicable to these reports is $100,000.

Description of statistics
Data collected on the Treasury Foreign Exchange Forms are
published in the "Treasury Bulletin" in six sections. Each
section contains all the data relevant to the same statistical
series, with tables showing time series by type and country,
and the detailed breakdowns of the latest available data.

Section I covers the short-terra and long-terra liabilities
The data
to foreigners reported by banks in the United States.
exclude the holdings of dollars of the International Monetary
Fund derived from payments of the United States subscription
and from the exchange transactions and other operations of the
(Liabilities representing the "gold investment" of the
Fund.
Fund, however, are included.)
The data also exclude U.S.
Treasury letters of credit, and nonnegotiable, noninterestbearing special notes of the United States held by international and regional organizations.
Section II presents the short-term and long-terra claims on
foreigners reported by banks in the United States, including
claims held for their own account and for the account of their
domestic customers. The data exclude convertible foreign currencies held by U.S. monetary authorities.

.

.

}\ay 1970

89

.CAPITAL MOVEMENTS,

Sections III and IV show respectively the liabilities to,
and claims on, foreigners reported by exporters, importers,
industrial and commercial firms, financial institutions other
than banks and brokers, and other nonbanking concerns in tVie
United States.- The data exclude the intercompany accounts of
business enterprises in the United States with their own
branches and subsidiaries abroad or with their foreign parent
(Sueh transactions are reported by business firms
companies.
to the Department' of Commerce on its direct investment forms.)
The data also exclude claims held through United States banks.
Separate figures are shown in Section IV for the short-terra
liquid claims of large nonbanking concerns in the United

States
Section V contains data on transactions in all types of
long-term domestic and foreign securities by foreigners reported by banks and brokers in the United States (except nonmarketable U.S. Treasury notes, foreign series, and nonmarketable
U.S. Treasury bonds and notes, foreign currency series, which
are shown in "International Financial Statistics" section.
Table IFS-^). The data cover new issues of securities,
transactions in outstanding issues, and redemptions of secuThey include transactions executed in the United
rities..
States for the account of foreigners, and transactions executed abroad for the account of reporting institutions and
their domestic customers. The data include some transactions which are classified as direct investments in- the balance
of payments accounts. The data exclude securities issued
abroad by foreign subsidiaries of U.S. corporations, some of
which are treated in the balance of payments as issues of U.S.
corporations

1/

The geographical breakdown of the data on securities
transactions shows the country of domicile of the foreign buyers and sellers of the securities; in the case of outstanding
issues, this may differ from the country of the original issuer.
The gross figures contain some offsetting transactions
between foreigners.
The net figures for total transactions
represent transactions by foreigners with United States residents; but the net figures for transactions of individual countries and areas may Include some transactions between foreigners of different countries. Beginning with data for 1969,
transactions between foreigners in new issues not offered for
sale to United States residents but managed by underwriters in
the United States are excluded from the gross figures.
Section VI comprises two tables on the money credit and
debit balances, as appearing on the books of reporting brokers
and dealers in the United States, in accounts of foreigners
with them, and in their accounts carried by foreigners.

The data published in these sections do not cover all
types of reported capital movements between the United States
and foreign countries.
The principal exclusions are the intercompany capital transactions of business enterprises in the
United States with their own branches and subsidiaries abroad
or with their foreign parent companies, and capital transactions of the United States Government. Consolidated data on
all types of capital transactions are published by the Department of Commerce in its regular reports on the United States
balance of payments.

Office of
Balance of Payments Programs Ope^tiono^and Statistic.
Copies of the reporting forms and instructions may be obtained frOB the Office of
D.C. 20220 or from Federal Reserve Banks.
Washington,
Department,
Treasury
Affairs,
the Assistant Secretary for International

.

Treasury Bulletin

90
.CAPITAL
Section

I

-

MOVEMENTS.

by Banks in the United States
Short-Term Liabilities by Type of Foreign Holder

Liabilities to Foreigners Reported

Table CM-I-1.

-

(In millions of dollars)

Foreign countries
End of
calendar year
or month

Total
shortterm
liabilities

Official institutions 1/
Total

Payable
Total

in

dollars

International and regional
Banks and other foreigners

Payable
in
foreign
currencies

Payable in dollars

Payable
in

Total

foreign
Other
foreigners currencies

Total

IMF
gold
investment 2/

Nonmonetary
international and
regional

Jl
1957.
1958.
1959.
1960.

U,383

,
'

1961

y.

1962

y.

1963

.

i96i

y.

1966 1/.
1967 %/.
1968
1969

1969-Mar.
Apr.
May.
June.

.

.

July.
Aug..
Sept.
Oct.
NovDec.

1/
2/

2/

4,444-

77
77
173

23,670

3,939

226

9,250
9,375
10,922
8,725

388
388
388
388

21,997
22,929
23,014
26,607

17,419
18,350
18,520
22,109

4,391
4,381
4,316
l*,286

187
197
179
213

8,780
9,8Ul
11,285
11,615
11,132
11,043

8,548
9,609
11,053
11,383
10,930
10,840

232
232
232
232
202
202

27,945

28,190

23,597
21*, 032
23,692
23.990

29,0ll+

2l»,912

27,335

23,670

4,135
4,071
It, 067
3,944
3,859
3,939

213
226
I84
256
243
226

11,837
13,195

11,634
12,992
13,720

202
202
202

28,002
26,982
26,111

23,888
23,003
22,084

9,637
9,762
11,310
9,112

38,207
39,650

36,725
38,17c
39,228
39,805

...

1+1,327

39, 839

Feb. p.

41,747
41,601

40,177
40,033

Mar. p.

ll*,298

31,635
32.691
34,324
35,720

38,878

1970- Jan.

2,252
2,430
2,398
2,230
2,356
2,357
2,564
2,564
3,046
3,354
3,376
3,587
3,743
3,743
4,128
4,120

33.031
34,123
35,795
37,188

30,231*

40,290

.

517
517
152
152
463
202

3,460
4,601
4,705
5,299
5,330
5,251
5,251
5,713
7,153
7,213
7,360
10,023
9,864
11,132
11,008

38,878

15,367
17,261
18,701
20,015
20,098

1*0,11+6

.

3^3

5,950
7,076
7,047
7,759
7,841
7,911
7,911
8,863
10,625
10,680
11,006
13,859
13,680
15,337
15,205
18,916
27,835

7,917
8,665
9,154
10,212
10,893
10,893
11,94^
11,915
12,437
13,224
13,220
13,066
11,968
12,022
13,882
13,876
10,855
10,840

1+0,703
1*1,235
ltl,6li

-

5,-724

7,917
8,665
9,154
10,212
10,940
10,940
11,997
11,963
12,467
13i224
13,220
13,066
12,484
12,539
14,034
14,027
11,318
11,043

'21,958
. 21,958
22,877
'25,467
.25,518
.25,551
27,724
.27,599
30,657
.30,505
31,717
40,290

1965....

13,641
14,615
16,231
17,260
18,699
18,781
19,907
19,874
21,330
23,849
23,900
24,072
26,343
26,219
29,370
29,232

13,923

46
46
48
48
30

Includes Bank for International Settlements and European Fund.
Short-term U.S. Government obligations at cost value and funds awaiting
investment obtained from proceeds of sales of gold by the International
Monetary Fund to the United States to acquire income-earning assets.
Upcm termination of investment, the same quantity of gold can be reacquired by the International Monetary Fund.
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

28,328
27,9'*3

4/

^
p

3,874
3,756
3,828

59
59
77
113

104
104
95
95
104
118
90
59

93
72

2l*0

223
199

742
752

1,031
1,442
1,317
1,317
2,050
2,084
1,547
1,618
1,618
1,479
1,381
1,381
1,287
1,273
1,483
1,412

200
200
500

6914/
613

V

613 4/
300
800
739 4/
300
800
800
300
800
800
800
800

800

542
552
531
751
704
704
1,250

1,284
808
318
818
679
581
581
487
473
633

612

800
800
800
800

597
632
671
668

1,465
1,412

800
800
800
800
800
800

682
681
675
630
665
612

1,488
1,570
1,568

800
800
800

688
770
768

1,397
1,432
1,1+71

1,1*68
1,1*82

1,1*81

1,475
1,1*30-

($^3 mUlion at end 1969).
In addition, IMF gold investment included investments in U.S. Government
bonds and notes. which amounted tc $109 million at end 1960, $187 million at end 1961, and $6l million at end 1963.
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.

!Aay 1970
92

.CAPITAL MOVEMENTS.
Section

I

-

LiabiHties to Foreigners Reported by
Banks in the United States
- Short-Term Liabilities
by Type of Liability
Part A - Foreign Countries

Table CM-I-2.

(In millions of dollars)

Official institutions 1/

Banks and other foreigners
Payable in dollars

Payable in dollars

Other foreigners

End of

Payable

calendar
year
or month

Deposits

Demand

Time
2/

U.S.

Treasury
bills and
certificates

other
shortterm
liabilities 2/'

in
foreign

Deposits

U.S.

cxir-

rencies
Demand

Time

Treasury
bills and
certificates

Other
shortterm
liabilities 2/

Deposits

Demand

Time

U.S.

Treasury
bills and
certificates

2/

1,918

3,059
3,511
2,834
3,038
3,389
3,389
3,261
3,234
2,451
2,820
2,81b
2,362
2,612
2,668
2,462
2,458
1,899
2,940

4,246
4,392
5,738
6,193
6,412
6,412
7,759
7,759
7,548
7,554
7,554
7,186
6,316
6,316
7,985
7,985
5,486
3,844

2,012
1,869
1,793
2,037

1,876
1.894
1.993
1,987

4,218
4,531
6,092
3.819

1,080
1,045
882

3,872
4.671

U,7lt9

1,402
1,591
1,591
1,535
1,679
1,679
2,054
2,054
2,149

1969-Mar...
Apr.
May.
June.
.

31.635
32,691

.

3-1,32^

35,720

39,805

1,892
2,066
1,993
1,955

ko,\k(,

l,89lt

38,873

1,918

1,872
1,985
2,123
2,436
2,713
2,940

39,839
40,177
40,033

1,649
1,661
1,443

2,944
3,244
3,397

36,725
38,170
39,228:

1970 -Jan.

..

Feb .p

Mar .p.

1/
2/

1/

5,895
5,301
4,421
3,344
5,381
^,98q

ol2
762
582

2 ,737

982
1,092
1,092
928
922
1,036
1,259

46
46
48
48
30

158
131
492
76
43
43
83

3 ,017
3 ,369
4 ,210
4 ,854
4 ,917
4 ,678
4 ,678

4,102
5,006
5,027
4,941
6,795
6,636
7,933
7,763

83

838

1,.321

517
517
152
152
463

10,37't

1,243
1,142
1,142
1,273

2,139

202

17,005

1,996

68
142
142
113
137
137
129
129
30
20

1,11*5

388
388
388
388

12,394
13,OU8
13,083
16,231

1,469
1,517

42
40

1,1*87

35
35

232
232
232
232
202
202

17,1*13

1,799

17,321
16,923
17,250
18,066
17,005

1,91*1*

202
202
202

16,907
15,997
15,094

2,063
2,092
1,964

l,--59

1,433
1,361
1,360
1,380
1,378

912
887
1,042
1,690
1,902
2,139

2,293
2,700

Includes Bank for International Settlements and EXiropean Fund.
Time deposits exclude negotiable time certificat es of deposit, which are
included in "Other short-term liabilities."
Data on the two lines shoun for this date differ because of changes in

967
967
900
1,249

1,652

2,077
2,121
2,161*

1,996

p

518
312
740
419
402
420
490
490
704
1,039

l,7b6
1,951
1,833
1,849
1,976
1,977
2,096
2,096

278
306
295
148

86

173

107

312

226

374
386
431
1*00-

187
197
179
213

1*12

a3

448
379
398

226
184
256
243
226

U9
149

116
116
119
72
72
87

it,61*e

966
1,257
1,271
1,594
1,819
1,819
2,052
2,054
2,199
1,811

3.514
3,746
3,915
4,191

1,751
1,763
1.703
1,789

2,161
2,122
2,072
1,992

104
110
110
106

54
35
25
22
13
20

4,330

1,679
1.653
1,711
1,673
1,709

1,929
1,847
1,804
1,742
1,734
1,811

116
122
107
93
101
107

21
27

lt,897

1,698
1,665
1,768

1,714
1,656
1,610

116
78

21

1,406
1,842
1,848
1,927
1,973
2.621

1*,732
1»,667
1*,598:

U,661*
1*,61*8

4,889
5,005

1,776

Payable
in
foreign
currencies

209
174
270
233
230
230
352
352
469
502
503
332
3?3
329
302
292
362

1,493
1,523
1,531
1,574
1,513
1,513
1,693
1,693
1.797
1,709

1,077

Other
shortterm
liabilities 2/

83
33
81
81

89

349
312

3U7
358
361

59
59

77
113
104
104
95

95
104
118

90
59

93
72
77
77

2l*0

223
199

reporting coverage.
Figures on the first line are comparable in coverage to those shown for the preceding date; figures on the second line
shown for the following date,
comparable
to
those
are
Preliminary.

Treasury Bulletin

92
.CAPITAL MOVEMENTS.
Section

I

-

Reported by Banks in the United States
by Type of Liability - (Continued)
International and Regional Organizations

Liabilities to Foreigners

Table CM-I-2.

-

Part

Short-Term

B

-

Liabilities

(In millions of dollars)

End of
calendar year
or month

Hay 1970
.CAPITAL MOVEMENTS.
rl-

SectiQH

I

-

Liabilities to Foreigners Reported by
Banks in the United States
Table CM-I-3. - Short-Term Liabilities by
Country
(Position at end of period in millions of
dollars)

Calendar year

1969

Country

1

1<367 1/

Europe ;
Austria
Belgiupi-Luxembourg 2/
Detmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
Uni ied Kingdom
Yugoslavia
Other Western Europe 2/
a.S.S.R
Other Eastern Europe

196
i20
305
58

,

i,ao

,

,

,

36i
283
358
162
656
1,805

Total Europe

231
632
243
99

1,330
2,217
170
1,948
589
449
432

1969

162
313
146
176
1,383

2,640
183
729
276
448
345

October

3U
528
153
120

1,588
1,381
207
627
463

3a
309
202

248
445
125
99

1,527
2,902
181
843
738
203
309
179
318
1,937
35
11,973

1,732

150
492
1,732

13

33

33

3,817
37
23i

4,851
23

4,667

736

23
706

8

8

8

5

40

44

44

48

2,027
28
11,590
37
1,528
11
50

13,933

16,378

16,194

16,170

2,502

2,706

2,709

2,797

as

480
237

479
237
252
166

479

9

8

7

8

720
173
274
147
793
523
233
109
18

974
154
276

791
119
220
111
661

88
30

848
120
23a
111
674
556
1,405
74
34

4,140

4,134

4,664

36
215

36
217
354

38

270
281

,

Canada

Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin

1,070
2,538
129

231
601
243
99
1,326
2,218
170
1,948
589
449
437
150

1968

4<:'2

158
453
2,155
29
6,133
33

357

a2

November

252
553
151
115
,615
,006

201
733

December

3U
528
153
120
1,588
1,381
207

627
463

228
311
164
399

3a
309
202
412
2,027

47

2,010
30
12,699
40
1,461
10
38

21,916

23,336

23,623

21,916

3,991

4,166

3,844

3,991

416
425

U8

29

409
402
349
250
8
788
124
218
106
635
508
1,435
71
42

848
129
239
111
674
556
1,405
74
34

5,571

5,403

5,345

5,571

36
213
260
86

35

217
283

37
214
293

36
213
260
86
146
3,788
236
201
196
628
606

6,396

39

1,182
5

28

11,590

8

632
150
2/.^

American Republics.
Bermuda
Antilles and Surinam.
America
.

Total Latin America
Asia
China Mainland

162
707
522

177
104
17
3,8

252
169
9
723
170
274
147
793
523
233
111
18

257
323
249

U9
792
611
273-

'393

258

362
352
249

.536

1,444
72

U

1,528
11
50

1,465

416
425
393
258
7

:

Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia

Africa :
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
Total Africa

Total foreign countries

International and regional
International
European regional
Latin American regional
Asian regional
African regional

Total international and regional.

1/

34
125
2,563
176
289

34
125

50
215
,320
171
269
155
556
628

3,788
236
20i
196
628
606

3,640
217
182
561
547

74
115
,773
231
226
188
611
523

6,284

U6

63
123

779

858

5,250

5,492

5,5a

5,953

6,396

6,113

15
31
71
39

33
18
61

87
21
66

71
18

16
221

12
13
58
18

229

33
18
61
16
221

260

23
4° 6

385

340

34'5

361

243
22

278
27

278
27

266

305

305

226
616

2U

87
21

17
334

18
54
19
533

496

692

492

710

692

2ol
28

282
29

263
31

311
20

282
2°

289

311

294

340

311

40 , 146

38, 878

,316
10
99

1,260
6
100

40

46

1,465

1,412

53

23

:

Total other countries

Grand total

354

2,612
176
289
222
616
859

5<^8

Total Asia

Other countries
Australia
All other

36
142
179
5i
115
,671
162
285
228

26,219

29,370

29,232

30,234

38,878

39,805

1,270

,181
6
78
21

1,175

1,372

1,260

1,277

6

6

9

70
21

8
78
21

100

106
59

1

1

4

1,287

1,273

1,483

73

30

1,381
27,599

30,657

30,505

31,717

Data in the two columns shown for this date differ because of chaiiges
in reporting coverage.
Figures In the first column are comparable in
coverage to those shown for the preceding date; figures in the second

1*6'

1,412
k0,290

1,430'
*1,235

41,611

299
583
178
123
1,553
2,226
206
626
531
240
313
195
455
1,934
31
11,438

37

:

209
261
178

January

: ,

290

Februaryp

.

94

Treasury BuUetin
.CAPITAL MOVEMENTS.
Section

I

-

Table CM-I-4.

Liabilities to Foreigners
-

Reported by Banks

in the

United States

by Type and Country, as of March
Preliminary

Short-Term

Liabilities,

31,

1970

(Position in millions of dollars)

Short-term liabilities payable in dollars
Total
shortterm
liabilities

Country

Europe ;
Austria
Belgium- Ltixembourg
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norvay
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe

343
603
212
129
1,601
2,680
178
605
526
281
280
234
381
2,171
33

Total Europe

Canada

Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin

To foreign banks and official institutions
U.

Total

Deposits 1/

338
542
199
119

101
388

,529
,603

1,281

151

103
356
151

543
479
251
212
166
362

40
50

924

To all other foreigners

S.

U.

Treasury
bills and
certificates

92
138
140

Other 1/

Deposits 1/

certif-

icates

144
16

5

5

59
12

47
10

102

38
86

10
66
69
27
44

255

73

43

79

71
6

29

6

232
1,635
11

20
63

16
45

11

61
59
27

4

36
39
28
67

3

10,100

,834

102
206
153
134
520
26
7,841

42
1,934

37

29

5

3

5

5

141

28

1,527

37

37

6

,695
6

39

37

31

22,379

21,043

12,580

3,37b

3,613

3,210

2, 71 a

336

450
f25
436
295

1^3
454
283
212

123
425
279
191

,917

26

S.

Treasury
Other 1/
bills and

68
68
18
192

211
191

13
17
1,207
*

5

5

251

1,741

242

123

7

2
1

1

63

17
115

5

12

1
65

26

93

1

5

5,092

1,003

756

193

387

333

28

256
71
153
84
6
284

249
68
152
82

1
2

:

American Republics..
Bermuda
Antilles and Surinam,
America

Total Latin America

Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia

7

1

1

938
134
233
120
693
603

271

36

651
18
128
42
349
313
,236
28
10

5,905

34
219
330

,345
84

21

29
4

17

4

55

326

18
116

12

41

1

345
247
856

15

6

261

4
57

93
111
73
343
285

j,30

98

71

56
25

39

1

3

21

83

8

107
70
340
270

3
8

20
10

3

3,923

2,940

13'^'

845

1,943

1,323

28
129
292

28
109
75
79

196

20
22

6
89
35

84
34

6

5

5

98
1,089
198
136
141

16
1,456

23
,315

15

14
40

1

96
48

2

15
26
12

25

:

Total Asia

Africa
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa

89

85

152
3,909
299
2S3
228
664
758

137
3,861
294
185
214
^57

6,965

6,543

92

89
50
90

45

6

5

5

49

98
14

14

'?

s

9l

9l

2,366

1,942

1,735

411

389

1
1
6

3

18

«
13

4
52

44

10

4

7

661

24
13

89

:

Total Africa

Other countries
Australia
All other

22
587

535

85
49
66
16
431

850

783

648

114

287
32

273
25

127

103

319

298

147

103

48

40,033

35,804

21,898

6,009

7,396

1,366

1,366
36
108
48
10

119

1,115

109
48
10

132
12
66
12

1,568

41,601

52

96

18

2
91

2
6

4
41

:

Total other countries

Total foreign countries

International and regional
International
European regional
Latin American regional
Asian regional . ._,_.^..
African regional . . 7. .V.'.'.

21

3,828

3,373

361

3,823

3,378

361

:

.

36
.,

.^.
.V. .

,^._. .
.'.'.

Total international and regional
Grand total

1/

24

26
36
10

16

l,5oS

215

1,132

221

37,372

22,113

7,141

,117

1

Deposits exclude negotiable time certificates of deposit, which are Included in
Less than $500,000.

Other" short-term liabilities.

)

May 1970

95

CAPITAL MOVEMENTS.
Section

I

Table CM-1-5.

-

Liabilities to Foreigners Reported by

Short-Term

Liabilities, Countries

Banks in the United States
and Areas Not Regularly Reported Separately

(Position at end of period in millions of dollars
Calendar year

Country
1^1 b?

"Other Western Europe"
Cyprus
Iceland
Ireland Republic of
,

Luxembourg
Malta
Monaco

1
5

9
17
1

"Other Eastern Europe
Bulgaria

1966

6
6

2
7

1967

2

4
9

December
1968

3

6

21

9
25

31

24
1/

1

1

1

6

4

3

4

4

"

Czechoslovakia
Estonia
Hungary
Poland
Rumania
Soviet Zone of Germany
"Other Latin American Republics "
Bolivia
Costa Rica
Dominican Republic
Ecuador
El Salvador
•
Guatemala
Guyana ( British Guiana)
Haiti
Honduras
Jamaica
Nicaragua
Paraguay
Trinidad and Tobago
"Other Latin America "
British Honduras
British West Indies
French West Indies and French Guiana..

1

2

5

2

5

1

2

4

5

4

2
1

1

2

2

2

2

2

3

2

10

13
7
2

13
7
6

19

19
7

67
34

67
35

60
43

66
51

72
70

55

69

i9

86
73
73

66

67
68

53
86
69
64

1

V

U

1

2

5

16

16
27
12
73
15

16
30
22
46
13
6

17

2
1

5fa

67
5fa

26
7

42
11
7

31
9

67
14
4

5

8

82

86

33

42
67

16
10

2

2

1

2

2

8
1

11
2

15

14

1

2

25
2

"Other Asia "

Afghanistan
Bahrain
Burma
Cambodia
Ceylon
Iran
Iraq
Jordan
Kuwait
Laos
Lebanon
Malaysia 2/
Muscat and Oman
Nepal
Pakistan
Qatar
Ryukyu Islands (including Okinawa)....
Saudi Arabia
Singapore 2/
Southern Yemen (Aden and South Arabia)
Syria
Trucial States
Viet Nam
"Other Africa "
Algeria
Ethiopia ( including Eritrea)
F. T.A.I. (French Somaliland)
Ghana
Ivory Coast
Kenya
Liberia
Libya
Mozambique
Nigeria
"Portuguese West Africa"
Southern Rhodesia ^/
Sudan
Tanzania
Tunisia ,.,...
.^
. _,

Uganda
Zambia

^

"Other Countries"
N ew Zealand

,

5

6

9

5

6

2

4
49

13
11

17

33

6
34

1

3
2

1

2

2

3

5

3
56

67
12
16
36

37
18
40
49

50
35
40
37

4
41
86

4

3

78

2
23

22

5

3

5

8i

100

22
»

26

100
38

113
64

»

M

1

2

7
19

14

15

49

55
1

23
»

»

26

24
284

197
2/
4

9

2

16 i/
176
35

4

5

8

4

3
19

2

3
2

39

132

2

U

14
61

160
8
6

4
148

5

3

67

52
6

13
60
5

17
29
67
1
2
5

51

11

7

8

53

24

2

1

2

13
1

3

7

4

3

1

3

1

2

3

3
20
29

1

1

18
35

21
37

29
25

3

2

5

22

26

16
25
18
4
38

10

34
2
6

16

4

4

5

3
2
1

3

3

4

3
7

1

2

1

V
12

19

1

69
3

20
6

2
2

1

20
10

21

5

7

1

1

6

35

25

25

14

17

17

April

..
.

.

.
.

Treasury Bulletin

96
.CAPITAL
Section

I

-

MOVEMENTS.

Liabilities to Foreigners Reported

Table CM-I-6.

-

Long-Term

by Banks in the United States

Liabilities

by Type

(In millions of dollars)

Payable in dollars
End of
calendar year
or month

Total
long-term
liabilities

Foreign countries
Total 1/

10
2
1
7
2
7

1957
1958
1959
i960
1961
1962
1963

1969-Mar
Apr,

.

May
June

.

July..
Aug..
Sept .
Oct...
Nov.
Deo. ..
.

1970- Jan.

.

Feb. p

Mar. p

1/
2/

7

2
7
28

1,807
1,807

3,166
2,487

389
601

2,31*1

3,117
3,058

2,339
2,277
2,198
2,156

2,51*6

1968
1969

1

1,858
1,863

1,1*91*

1967 2/....

2

203
988

310
513

1965
1966

10

n.a
n.a
n.a
913

69

1961t

Official
institutions

f2,560

20I*

Banks

n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.

25
15
15

1*0

1*0

2,298

6

36
37
36

6

1,962
1,886
1,711
1,538
1,506
1,505

30
30

2,487

2,027
1,953
1,790
1,616
1,587
1,601

2,334
2,332
2,311

1,465
1,468
1,438

1,373
1,373
1,339

2,531*
2,1*86

35

1*0

6
19

Dollar-foreign currency breakdown not available prior to 1966; amounts
reported for earlier dates assumed to have been payable tn dollars.
Data on the two lines shown for this date differ because of changes
in reporting coverage .
Figures on the first line are comparable in

International
and regional

31*

n a

n.a
n a.

36
37
36
35
36

n. a

106
311
506

777
781
776
785

1.0

55

36
35
38

869
864
873

1*1*

59
61

n

777
886

55

1*3

n.a

689
698

796
812
885
918
898
886

1*3

Payable in
foreign
currencies

n.a

.

55

2,156
2,102

2,823
2,765
2,676

n.a.
n.a.
n.a.
n.a.
n.a.
n.a
n.a.
n.a.
n.a.
50

1.505

2,231*

2,971*
2,91*1

Other
foreigners

coverage to those shown for the preceding date; figures on the second
line are comparable to those shown for the following date.
Preliminary
Not available

Uay 1970
.CAPITAL
Section

I

-

MOVEMENTS

Liabilities to Foreigners Reported
by
Table CM-I-7.

-

Long-Term

Liabilities

Banks

in th.

United States

by Country

(Position at end of period in
millions of dollars)

Calendar year
1969

19"!J

Country
1966

1967 1/

1968

1969

October

November

December

January

Hiirope :

Austria
Belgium-Luxembourg.
Denmark
Finland
France
Germany
Greece

.

2

11

Italy

I

I

I

I

Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.

1
1

1

1

3

5

*

3

*

5

90

16

5

5

*

#

*

#

«

1*6

36

36

1*6

47
1

I

Total Europe

13

I

51*

_^

llanada
1

Latin America
I

Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin

:

251

251

281*

61*

71*

25

25

25

25

25

27

69
27

61*

50

25

27

1

1

1

1
1

1

1

115

172

172

168

71*

29

59

7lt

78

1

1

1
1

2

3

3

3

1*9

39
2

#

American Republics...
Bermuda
Antilles and Surinam.
America

Total Latin America.

17

18
2

18

1*1*

1*9

1*9

1*9

2

2

1*

2

2

1*

7

7

6

5

6

6

5

197

223

239

8

5

23lt

kSh

5

1!+

1*81*

51*1

239

sia :

China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia

2
2

8

126

126

21*1

1*1

1*3

1*3

1*1

6

197
20

1*1*3

1*1*3

658

658

39

73

655
72

657

39

655
72

h
1

1*6

1*6

658
88
67

70

71

54
71

12

1*3

71
48

68

12
218

1*8

1*9

218

201

1*03

1*03

1*51

70
278

117
263

70
280

43
70
278

43
47
271

1,289

1,289

1,751

1,238

1,291*

1,21*5

1,238

51

68
10

lUo

622

73

lfrica :
j

Congo (Kinshasa)

I

Mcirocco

1

Suuth Africa
United Arab Republic (Egypt).
Other Africa
Total Africa.
i

>

;

1

Australia
All other

20
1

Total other countries

;i

51

78

foreign countries

1,858

1?^'^3

2,369

Ilotal

I

.

ther countries :
73

2_
69

75

1,537

l.oCl

international and regional

International
European regional
Latin American regional
Asian regional
Total international and regional,
rand total

jl/'

I

331*

398

173

273
18

506
i.ugi*

2,51*0

U32

571*

556

559

298

285

18

31

1*2

298
i?

698

777

8S6

918

395

2,560

3,166

2,437

2,534

3 .lt8c

276

311*

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

285

1*^

1*2

-

.

.

Treasury Bulletin

98
.CAPITAL MOVEMENTS.
Section

II

-

Claims on Foreigners JLef^rted by Banks in the United States
Table CM-II-1.

-

Short-Term Claims by Type

(In mllliona of dollars)

Payable in foreign currencies

Payable in dollars
Loans
End of
calendar

Total
short-

year
or month

term
claims

baiiks and

domestic
customers
with for-

Fore ign

government
obligation!
and

Other
shore

commercial
and
finance
paper

term
claims

15

,233

147
198
192
460

132
181
178
222

16
15
238

,837
,874

543
543

342
343

200
200

384

495
543

309
343

157

42

2,600
2,621

552
303

601
624

342
336

182
187

77
102

699
656
532

930
1,268
1,309
1,297

242
401
351
290

386
439
498
524

303
423
460
482

423
421
516
605

r4,719

U,777

4,177
4,234

1,646
1,660

329
329

699
709

613
622

694
700

5,101
5,837

4,606
5,344

1,953
1,915

359
136

953
955

642
774

686
832

2,214

17,411

6,810
7,333

2,652
2,773

223
221

1,374
1,403

1,055
1,150

1,007
1,135

V7,957

Deposits
of
reporting

Other
shortterm
claims

eigners

2,052
2,344
2,407
3,135

1962.
1963.

1964 1/.

Banks

Other
fore igners

Acceptances
made for
account
of foreigners

2,199
2,542
2,599
3,594

1957.
1958.
1959.
1960.

1961 1/.

Official
Institutions

Collections
outstanding
for
account of
reporting
banks and
domestic
costomers

,967

186

1965 1/.

^7,632
7,735

7,153
5,243

2,968
2,970

271
271

1,566
1,567

1,130
1,132

1,268
1,272

2,501
2,503

422
492

474
492

325
329

54
68

95
96

1966 1/.

7,819
7,853

7,399
7,433

3,139
3,141

256
256

1,739
1,739

1,143
1,145

1,367
1,283

2,450
2,540

443
464

420
420

240
241

70
70

110
110

8,583
8,606

8,158
8,182

3,137
3,150

306
306

1,603
1,616

1,223
1,228

1,511
1,552

3,013
3,013

498
467

425
425

287
237

74
70

63

1968
1969 2/.

8,711
9,582

8,261
9,064

3,165
3,282

247
263

1,697
1,946

1,221
1,073

1,733
1,954

2,854
3,169

509

450
513

336
355

40
84

73

1969 -Mar..
Apr..
May..
June.

8,634
8,734
9.018
9,222

8,184
8,224
8,496
8,669

3,206
3,162
3,208
3,325

275
289
295
293

1,781
1,763
1,855
1,971

1,150
1,110
1,057
1,061

1,634
1,723
1,734
1,751

2,777
2,773
2,900
3,063

267
318
291
334

91

525

450
510
522
553

127
111

92
98
104
108

July.
Aug..
Sept.
Oct..
Nov..

9.025
8,947
8,967
9,092
9,046

8,513
8,467
8,472
8,573
8,611
9,064
9,110

3,118
3,072
3,093
3,173
3,204
3,282
3,279

258
235
212
263
262
263
263

1,829
1,819
1,880
1,921
1,944
1,946
1,943

1,030
1,018
1,000
989
999
1,073
1,073

1,766
1,838
1,860
1,896
1,928
1,954
1,954

3,059
3,015
2,973
2,940
2,922
3,169
3,202

571
543
546
563
556
658
675

512
480
495
520
435
518
518

310
272
355
393
317
355
355

90
101

113
107

8,8a

3,261
3,209
3,288

258
269
288

1,986
1,911
1,927

1,018
1,029
1,073

1,970
1,992
2,083

3,019
2,991
3,043

570
580
529

514
466
420

349
326
305

1967 1/.

Dec. 1/.

1970- Jan
Feb. p..
Mar . p .

1/

\

(9,582

S9,629

9,325
9,238
9,364

8,772
8,944

Data on the two lines shown for this date differ because of changes
Figures on the first line are conrparable in
in reporting coverage.
coverage to those shown for thos preceding date; figures on the
second line are comparable to those shown for the following date

2/

p

653
567
565

654

94

67
80

51

39

46

80
74
80
80

45
84
84

77
61
44

78
80
71

Data are comparable in coverage to those shown for the preceding date;
for data comparable to those shown for the following date, see second
line opposite December 1969.
Preliminary,

fAay 1970
99
^CAPITAL
Section

II

-

MOVEMENTS.

Claims on Foreigners Reported by Banks

in the

United States

Table CM-II-2. -Short-Term Claims by
Country
(Position at end of period in .jillioM of doUars)

.^

Calendar year

1969

Country
1966

Europe :
Austria

j

i

16
67
62
91

Belgium-Luxembourg ^.
Denmark
PilUand
France
Germany

lU
227

16
110
iO
76

Greec e
Italy

j

I

I

I

[

I

I

Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe

a

^

'

j

j

t

I

I

19
58
35
61
26

2

3
18

16

1,234

1968

1969

2/

October

16

6

7

5

83
37
78
88
179

40

56

36

40
68
107

71
40

19
58
35
61
26
54
75
98
38
244
13
13

63
66
171
12
105
40
43
10
46

72
85
200
19
108
54

207
22

120
51

58

93
38
318

34
8

36

70

70

67
99
19

64
110

9

31

as

November

6
57

7

7

56

56

41

40

40

17
99

68
107
207
22
120

68
107
207
22

46

51

51

38
8
68
86
131
26

34

34

34

8

8

9

70
67
99
19
418
28

70

73

67

8.?

99

124
14
405
29

425
25

9

11

25
11

2

2

2

18

3
21

34

25

28

1,238

1,205

1,466

1.463

1,454

533

January

72
93
199

28

3

December 1/

20
49
49
66
117
183
17
129
84

22
15

597

Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin

Asia

78
88
176

54
75
98
38
244
13
30

Total Europe

400

9
2
34

728

120

19

408
28
9

February p

10
53
32
63

94
160
16
123
61
32
11
83
95
122

March p

11
55

36
64

87
197
17
107
50

36
13
57
78

15

107
25

435

as

35

32
9

8

2

7
2

34

30

34

2

1

1,456

1,433

844

74c

43_
1,445

:

187
112
158
305
16
757
85
212

221
173
177
217
16

221
173
177
217
16

960

960

220
261
61
18
16

47
249
42
226
289
63
10
18

47
249
42
226
289
63
10
18

2.453

2,707

2,707

45

American Republics...
-.
Bermuda
Antilles and Surinam.
America
.

Total Latin America
1

17
66
37

67
75
88
52
193
19
^0

Canada
I

1967 1/

311
317
188
225
14
801
68
161
48
240
295
93
14
27

306
317
174
215
14
802

2,803

2,722

249
338
193
206
14
948
56

207

44
232
280
80
19
22

61

179
43
233
287
59
14
18

301
318
177
210

U

778
67
173
46
228
286
48
15
20

311
317
188
225

U

801
68
161
48
240
295
92
14
27

2,803

311
317
188
225
14
801
68
161
48
240
295
92
14

304
296
178

237

14
804

a
173
49

250
303
62
13
22

27

2,804

296
289
195
252
14
807
68
168
50
261
307
68
14

292
285
203
249

2,811

35

1
41

14
845
61
163
55
264
285
72
13
33

:

ChJLna

Mainland

Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia

1

1

1

1

31
16
6

28
10

30
10

5

5

57

57
,154
59
303
37
100

3,342
158

138

32
19
23
84
3,114
77
239
38
99
145

216
49
101
212

3,894

3,872

4,262

3
2

6
3

37
11
52

46

98
2,572
31

220
15
81

Total Asia

Africa
Congo ( Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa

,147
59
295
37

135

100
137

3,206

3,875

1

1
2

1
36
10
30
108

1

1

1

1

1

1

43

37
11
23
101

36
10
30
108

37
11

37

3,114
160
232
42

3,342
158
216
49

190

97
205

101
212

36
10
30
108
3,372
158
216
49
101
212

3,965

4,023

4,262

4,292

4

5

6

6

5

3

2

3

4

56
11
82

53

73

54
10
72

11
86

3
55
11

3

55
11
86

3
55

86

10
79

51
12
63

62
12
63

102

133

162

143

155

162

162

150

1%

54
13

66

53

57

13

16

14

52
14

53
16

53
16

58
14

U

79

69

66

8,710

9, '^80

045

8,711

9.582

8

25

94
3,071
150

za
39

94

29

101

3,160
167
208
50
99
208

9
25

9
68
91

96
3,080
172
255

3,216
178
274

56
98
168

55
95
165

4,193

4,070

:

50
25
69

37
11

52

147

Total Africa
Other countries

2

:

Australia
All other

52
10

54
13

67

Total other countries

TssT

Total foreign countries

;,5

63

13
73
,3'

9.580

International and regional
Grand total

1/

7,853

,583

3,606

Data in the two columns shown for this date differ because of changes
Figures in the first column are comparable in
in reporting coverage.
coverage to those shown for the preceding date; figures in the second
column are comparable to those shown for the following date.
date;
Date are comparable in coverage to those shown for the preceding
for data comparable to those shown for the following date, see second

9,W2

y
»
p

Q,s82

column under December 1969 heading.
,
^
included
Through 1967, column 1, Luxembourg
Less than $500,000.
Preliminary.
_,

m
.

„„.t„
Western
"Other „«=*•,.„

r„w,t,o «
Europe.

Treasury Bulletif

100

-CAPITAL MOVEMENTS.
Section

II

-

Table CM-II-3.

Claims on Foreigners Reported by Banks in the United States
-

Short-Term Claims, by Type and Country, as of March
Preliminary
(Position in millions of dollars)

31,

1970

^ay 1970
101

.CAPITAL
Section

II

-

MOVEMENTS

Claims on Foreigners Reported by Banks
Table CM-II-4.

-

in the

United States

Long-Term Claims by Type

(In millions of dollars)

End of
calendar year
or month

Total
long-term
claims

Payable in dollars
Loans

Total
Total

1957
1958
1959
1960
1961
1962

n.a.

n.a.
n.a.
n.a.
n.a.
n.a.
n.a.

2,293
2,379
2,834
3,028
3,971
4,283
4,508
4,162
3,909
3j552
3,212

2,260
2,346
2,781
2,811
3,777
3,995
4,211
3,915
3,635
3,158
2,803

[969-Mar
Apr

3,418

May

3,'*39

1963-May 1/.
1963 1/

1964 1/
1965
1966
1967
1968
1969

3,1*20

June.

. .

July.

.

.

Aug
Sept
Oct
Nov
Deo
.970-Jaii

Feb. p.
Mar, p.
1/

3,381
3,23f
3,268
3,256
3,262
3,251
3,212
3,143
3,114
3,180

Official
institutions

n.a
n.a
n.a
n.a
n.a
n.a
660
730
725
728
703
716
793
702

Banks

n.a.
n.a.
n.a.
n.a.
n.a.
273
273

Other
foreigners

n.a.
n.a.
n.a.
n.a.
n.a.
n.a.

528
501

729
628
512
323
237
209

1,328
1,342
1,659
1,685
2,372
2,550
2,790
2,702
2,642
2,393
2,094

3,017
3,020
3,058
2,980

485
474
472
478

211
230
236
220

2,321
2,316
2,350
2,282

2,826
2,861
2,848

446
504
485
493
494
501

208
212
211
204
203
209

460
469
517

210
203
209

2,8lt7

2,845
2,803

2,734
2,723
2,793

Data on the two lines shown for this date differ becaus' of changes
in reporting coverage.
Figures on the first line are omparable in
coverage to those shown for the preceding date; figures on the

b(fi

397
397
701

.5,145

2.151
2,114a

.?.U7

2,050
2,066

Other
long-term
claims

Payable in
foreign
currencies

Treasury Bulletin

102

.CAPITAL MOVEMENTS.
Section

IJ

-

Claims on Foreigners Reported by Banks

in the

Table CM-II-5. - Long-Term Claims by Country
(Position at end of period in millions of dollars)

United States

May 1970
CAPITAL MOVEMENTS.
Section

II

-

Table CM-II-6.

Claims on Foreigners Reported by Banks
-

Long-Term

Total
long-term
claims

Europe
Austria
Belgium- Luxembourg
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
:

I

j

I

I

I

I

I

'

I

I

I

I

I

I

,

I

1

20
5

21
58
36
50
2

6

i9
25
80
27
2

56

U
10
13

ak

Total Europe

Canada

iOb
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin

:

U3
189
72

61

iOb

a
85
35

,

American Republics..,
Bermuda
Antilles and Surinam.
America

151
135
10
5
i.

,

Total Latin America
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
:

Philippines
Taiwan
Thailand
Other Asia

,

,

1
7
12

87
137
198
17
29

lU

Total Asia

6i5

Africa
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
:

:

All other

Total other countries
Total foreign countries

International and regional
Grand total

1

158

Total Africa
Other countries
Australia

7

United States

by Type and Country, as of March
Preliminary

(Position in million of dollars)

Country

in the

Clainis.

31,

1970

.

,

Treasury Bulletin

104

.CAPITAL
Section

III

Reported by Nonbanking Concerns in the United States

Liabilities to Foreigners

-

MOVEMENTS.

Table CM-IlI-1.

-

Liabilities

by Type

(in millions of dollars)

Short-term liabilities
End of
calendar year
or quarter-end
month \J

Total
liabilities

1957
1958
1959
i960 2/

June 2/
,

.

December 2/,
1963
1961t-June 2/

December ...
1965 2/
L

958.
l,lH9

Payable in
foreign
currencies

Long-term
liabilities

U9I

1*28

75

ItUO

368
512
U2U

60
83
89

581
U85
507
583
600
673
68U
678
626
665
637
6Mt
626
622
585
700
810

1961-March 2/

December.
1962-June 2/

Payable in
dollars

1*37

510
52U
563
572
569
527
551
508
513
U79

91

83
9U
155
151

161

1*71

1U8
lUo

UlU
556
600

107
136

{

ll>7

329

827
1,027
1,039

Ull*

Ll,8l5

1,089
1,371
1,386

1968

2,711

1,608

1,225

1,103

1969-March
June
September.
December p.

2,835
2,900
3,200
3,501

1,576
1,601
1,782
1,83^

1,185
1,248
1,436
1,396

1,259
1,299
1,418
1,667

1966

1967 2/

BreaJ^s in series arising from changes in reporting coverage which
amount to $5 million or less for any year are not shown; in such cases,
only the figure comparable to that for the following date is shown.
Data are shown for calendar year ends and for the most recent five
quarter ends for which figures are available.
Data are also shown
for earlier quarter ends when the reporting coverage changed.

Note:

1/

ri,78i*

2/

p

1*28

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.

.

.

!Aay 1970
105

.CAPITAL
Section

III

-

MOVEMENTS.

Liabilities to Foreigners Reported by

Table CM-ni-2.

-

Nonbanking Concerns

Short-Term LiabiHties by Country

(Position at end of period in millions of dollars)

Calendar year

Covmtry
1966

Europe
Austria
Bel giujn- Luxembourg 2/.
Denmark

1967 1/

:

.

2

P.

32

27

3

7

Finland
Prance
Germany

1

3

62
78

6I»

Greec e
Italy

51*

61

68

79

2

1*

2

Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom

9

6

27
17

31
2U
86

58
2

3

208

310

Ifugoslavia

1

Other Western Europe 2/.
U.S.S.R
Other Eastern Europe....

k

Total Europe

Canada
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin

631

811

11)6

200

:

6
10
It

7

11
10
7

American Republics...
Bermuda
Antilles and Surinam.
America

10
6

1
36

1
33

20

2h

3

8

7

5
1

1
12lt

Total Latin America.
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
:

1

Philippines
Taiwan
Thailand
Other Asia

1

3

5

17

12

2

k

2

3

27

62

3

1

7

8

I*

5

1*

5

30

U5
150

Total Asia
Africa
Congo ( Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
:

17
1

3

5

11
23

"2r

Total Africa.
Other countries :
58
6

Australia
All other
Total other coxintries.

.

.

Total foreign countries....

International and regional .
Grand total.

6k

in the

United States

)

Treasury Bulletin

106

.CAPITAL MOVEMENTS.
Section III

-

Liabilities to Foreigners

Table CM-III-3.

-

Short-Term

Reported by Nonbanking Concerns in the United States
by Type and Country, as of December 31, 1969

Liabilities,

Preliminary
(Position in millions of dollars

Country-

.

.

fAay 1970
-CAPITAL MOVEMENTS,
Section III

Liabilities to Foreigners Reported by

-

Nonbanking Concerns

Table CM-III-4. - Long-Term Liabilities by Country
(Position at end of period in millions of dollars)

Calendar year

Country
196b

1967 1/

1968

Europe :
Austria

Belgium-Luxembourg
Denmark
Finland
France
Germany

84

2/.

1
33

»

Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe2/
U.S.S.R
Other Eastern Europe

42

26

38
189

55
50

66
50

56
58

1

1

1

5

27

27

134

164

449

124

7

At

Canada

I

1

36

35

Total Europe

Latin America :
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin

1

36

335

346

A^'

40

42

4
5

1

American Republics...
Bermuda
Antilles and Surinam.
America

13

10

17

1

1

1

1

1

I

Total Latin America

*

23

.

31

Asia:

I

China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Africa:

,

1

I

'\

Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
1

Total Africa

I

jj

i

Other countries

:

Australia
All other

1^1

i

Total other countries
'Total foreign

countries

32Q

AU

L29

International and regional
Grand total

P

AU

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

in the

United States

s

.

Treasury Bulletin

108

.CAPITAL
Section IV

-

MOVEMENTS.

Claims on Foreigners Reported by Nonbanking Concerns
Table CM-IV-1.

-

United States

in the

Claims by Type

(In millions of dollars)

Short-term claims
End of
calendar year or
quarter- end month

Pa/at le in foreign currencies

Total claims

Payable in
dollars

1/

1957
1958
1959
1960 2/

1961-March 2/
June 2/

September 2/
December.

.

.

1962-Juna 2/

December 2/.

1963-Maroh 2/
June 2/

December 2/.
1964- June 2/

December 2/.
1965 2/
1966
1967 2/

Deposits with banks
abroad in reporter'
own name

Other short-term
claims payable in
foreign currencies

Long-term
claims

777
720
705
1,432
1,505
1,248
1,305
1,496
1,528
1,646
1,664
1,636
1,807
1,974
2,051
2,098
2,113
2,162

637
568
605
824
875
939
968
1,181
1,208
1,323
1,340
1,335
1,475
1,598
1,625
1,668
1,712
1,758

78
88
68

63
63
32

58
71
76
89
122
126
131
132
150
178
208
214
217
201
204

549
560
233
248
193

2,282

1,877

222

183

2,131
2,188
2,482
2,430
2,776
2,853
2,397
2,299
2,628
2,946
3,011

1,739
1,778
2,000
1,952
2,306
2,338
2,000
1,911
2,225
2,529
2,599

201
199
220

191
211

ag

262"!
260 J

189
205
167
166
167
201
203

281
310
229
222
236
216
209

962
1,081
1,169
1,139
1,256

194
192
192
151
153
168
212
212
200
200

170
223
304
344
354
385
396
399
406
453

}

502
636
704
758
769
1.

816

J
r
L

766
882
723
734
815

1,537

1,570

1968

5,583

3,78U

3,->.75

368

21*1

1,798

1969 -March
June
September .
December p

5,895

lt,015

358

5,981*

h,QBk

5,839
5,922

3,871*

3,330
3,283
3,188
3,189

327
278
267
365

1,880
1,961
1,965
2,070

.

.

3,852

Breaks in series arising from changes in reporting coverage which
amount to $5 million or less for any year are not shown; in such
oases, only the figure comparable to that for the following date is

1*63
1*20

298

Note:

2/'

shown.
1/

Data are shown for calendar year ends and for the most recent five
Data are also shown for
quarter ends for which figures are available.

p

earlier quarter ends when the reporting coverage changed.
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.

.

Ray

1970
-CAPITAL MOVEMENTS.
Section IV

Claims on Foreigners Reported by
Nonbanking Concerns in the United States
Table CM-IV-2. - Short-Term Claims by Country

Country
1966
Europe :
Austria
Belgium- Luxembourg 2/
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Noruay
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 2/
U.S.S.R
7
Other Eastern Europe

53
lit
It

no
123
15
101

."

lt8

8
7

61
36
18
6
,

It

11

1,209

Total Europe

Canada
Latin America
Argentina
Brazil
Chile

579

1.89
:

Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin

39

65
32
25
3

95
12
31
7

American Republics.
Bermuda
Antilles and Surinam,
America

Total Latin America

62
60
18
It

10
lt63

Asia
China Mainland
:

Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia

7
3lt

7
5
l61t

5

17
7

11
75

Total Asia

331

Africa
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
:

Total Africa
Other countries
Australia
All other

3

2k
11
30

69
:

Total other countries
Total foreign countries

International and regional
Grand total

2

.

.

.

Treasury Bulletin

no
.CAPITAL MOVEMENTS.

Claims on Foreigners Reported by Nonbanking Concerns in the United States
Table CM-IV-3. - Short-Term Claims, by Type and Country, as of December 31, 1969

Section IV

-

Preliminary
(Position in millions of dollars)

Payble in foreign currencies
Total
short-term
claims

Country

Eiirope

Payable in
dollars

Deposits with banks abroad
in reporter's own name

Other short-term claims
payable in foreign currencies

:

Austria
Belgium- Luxembourg
Denmark
Finland
France
Gennany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
.

.

Total Europe.

Canada
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics
Bahamas and Bermuda
Netherlands Antilles and
Surinam
Other Latin America

Total Latin America.

Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia

5

5

62
15
6
112
280
18
lU2
U5
lU
10
68
27
33
11
991
18
10

50

15
6
105
163
16
133
kh
Ik
9
63
27
30

10
869
18
10

3
78
1
3
1

3
13

1,B83

1,601

1U6

727

51*6

1*3

k6
78
39
28

k3

1

115
18
27
7

1

6

1
1
1*7

13

3

5
1*0

75

221.
137

3
5

71
31.

I*

2k
*
111
16
2k

3
1*

1
3
1

6

56

1*8

2

81*

70

5

51*

1*3

10

6

6

16

15

57't

510

11

10
28
11
29
163
23
25
18

21*

6
10

to

:

Total Asia

Africa
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa

31*

12
31
26
31
19
Ik
112

1
2

56

15

*
1*

2
2

*

*

13

1

1

97

5

10

52 1(

U18

72

33

It

3

:

1*

3

£6

2k
k
3k

9

39

67

Total Africa.

Other countries:
Axistralia.

56

1*0

All other.

9

6

Total other countries ....

b5

k6

Total foreign countries ....

3,852

3,189

298

.J61.

3,852

3,189

298

365

13
2

25-

International and regional .

Grand total
Less than $500,000.

.

M.ay 1970
111

MOVEMENTS

.CAPITAL
Section IV

-

Claims on Foreigners Reported by Nonbanking Concerns
in the United States
- Short-Term Liquid Claims
Reported by Large Nonbanking Concerns by Type

Table CM-IV-4.

(In millions of dollars)

Payable in dolla

End of
calendar year
or month
I96U
1965 2/

Total
short -term

liquid
claims
1,102

28

870

205

917

691
625
805

19
19
58

557

llU

51*9

57

699

66
66

702
786

8U1*

973
/T,078

1967 2/

1,638
l,309r

1969-reb

.

.

July
Aug
Sept
Oct

Nov
Dec. 2/.

1970 ^an
Feb

227
219
168

1*5

1)8

1.0

90
86
69

133
133

177
178

50
51

77
77

87
123

332
250r

122
105
119

350
393
388

lOl*

1*61*

59

123

1*1.1

113
96
100
92
95
123
123

l,lli9r

15ltr

1,163

163

286
268

1,511

1,91*9

30
28
27
60

1,787

1,31*6

21*

1,322
1,199

1,778
1,699
1,592
1,627
,1,671
ri,309r

1,31*5

29
33
22
32
26

1,203
1,177
1,077
1,159
1,193

l,589r
i.sgu

l,303r
1,326

Time

118

1,1*57
1,1*29
1,1*85

1^1,1+Olr

Short-terra

Demand
U2

28

1,306
1,199
1,283
1,313
l,059r
l.lllr

Total

331.

1,306
l,059r

1,861
1,850
1,817

Mar
Apr
May
June .

901
985

^1,163

1968
1969 3/

Deposits

Short-term
investments 1/

Demand

1,1*36

{

1966

Payable in foreign ciirrenoie

Deposits

1,192

936r
1,359
1,323
1,281*

936r
989r

1*5

92
88
59
1.9

1*9

60
76

1.9

17l*r

50
69
61

investments 1/

107

51

193
192
207
288
296

1*33

51.

258

120

392
393

50

2I.3

99

52

56
69

251
223
211

90

31*1*

358
250r
290

132

121
116
93

211*r

65
78
76
76

219
199

67
69

17l*r

I

Note:
Data represent the liquid assets a'broad of large nonbanking concerns in the United States,
They are a portion of the total claims on
foreigners reported by nonbanking concerns in the United States and
are included in the figures shown in Tables CM-IV-1 through CM-IV-3.

1/

2/

Negotiable and other readily transferable foreign obligations payable
on demand or having a contractual maturity of not more than one year
from the date on which the obligation was incurred by the foreigner.
Data on the two lines shown for this date differ because of changes

Table CM-IV-S.

-

3/

r

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.
Data are con^jarable in coverage to those shown for the preceding
date; for data comparable to those shown for the following date,
see second line opposite December I969.
Revised.

Short-Term Liquid Claims Reported by Large Nonbanking Concerns by Country

Treasury Bulletin

112

.CAPITAL
Section IV

-

MOVEMENTS.

Claims on Foreigners Reported by Nonbanking Concerns in the United States
- Short-Term Liquid
Claims Reported by Large Nonbanking Concerns,
by Type and Country, as of February 28, 1970

Table CM-IV-6.

,

}\ay 1970

m

.CAPITAL MOVEMENTS,
Section IV

Claims on Foreigners Reported
by Nonbanking Concerns
Table CM-IV-7.

-

Long-Term Claims by Country

'Position at end of period in mill
ions of dollars)

Calendar year
Coxintry

196b
Europe :
Austria
Belgium- Luxembourg Z/
Denmark
Finland
Franc e
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 2/
U.S.S.R
Other Eastern Europe

1

9

9
iS
21

11
1
17
36
51
22

18
kb

60

5

1

U
,

12

2

2

11

16

6
27-

Total Europe

6
43

225

Canada

Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin

1967 1/

272
:

35
203

U
15
8

56
8

17

American Republics,.,
Bermuda
Antilles and Surinam,
America

3

2

15

36

8

6

1
1

,

* .

9
85
8
18

23
29

,

Total Latin America

78

212
91
16

i71

Asia
China Mainland
:

Hong Kong

1

18

India
Indonesia
Israel
Japan
Korea

6
15

95

Philippines
Taiwan
Thailand
Other Asia
Total Asia

5

li
128

3

2

21

23
15

7
1
22

Africa
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa

17

3

188

2i5

1

1

82

Si

87

89

:

Total Africa
Other countries
Australia
All other

i*

:

Total other countries
Total foreign countries

International and regional
Grand total

1

12
1

13

1,25

in the

United States

.

Treasury Bulletin

114

.CAPITAL MOVEMENTS.

V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Foreign Purchases and Sales of Long-Term Domestic Securities by Type

Section

Table CM-V-L

-

(In millions of dollars; negative figures Indicate net aales by foreigners or a net outflow of capital from the United States)

Marketable U.S.

Grj-vernjrient

bijnds and ni-tes

Net foreign purchases

Calendar year
or month

Foreign co untries
Total

1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969

-237
524

-728
671
-338
-76
-616
-43
-489

-207
369

-55

1969- Mar
Apr

-7

May

-15
-17

3

June
July.
Aug..
Sept.
Oct..
Nov.
.

Dec.

Other
foreign-

3b
689
127
512

-4

1970-Jaii.-Mar.-p.

Official
institutions

17
11
40
-108
2

37

1970 -Jan...

2

Feb. p.
Mar. p.

-50

-98
-20

-59

International
and
regional

Gross
foreign
purchases

C -rp^rate

Net
foreign
Gross
purchases
foceign of
sales
corporate
and other
securities

Bonds

Net
foreign
purchasei

and other securities

U

Gross
foreign
purchases

Gross
foreign

Gross
Net
foreign
foreign
purchases purchase:

Gross
foreign
sales

...

.

fAay 1970

115

^CAPITAL MOVEMENTS.
V Transactions in Long-Term Securities by Foreigners
Reported by Banks »nd Brokers in the United States

Section
Table CM-V-3.

-

-

Net Foreign Transactions

in Marketable U.S.

Government Bonds and Notes by Country

(In millions of dollars; negative figures indicate net sales by foreipers or a net outflow of capital from

Calendar year

Country

1970

1967

1968

1969

throu^
March p

Europe
,
Austria
Belgium- Luxembourg 1/.
Denmark
Finland
France
:

. ,

-1

. .

«

1

-1

•Germany

Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
•
Yugoslavia
Other Western Europe 1/
U.S.S.R
Other Eastern Europe

-2

-A

3

32

52

56

Total Europe

38

-3

-13
-1
-18

-U

Canada

Zi,

Latin America
Argentina
Brazil

-3a

:

OhUe
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin

American Republics...
Bermuda
Antilles and Surinam.
America

Total Latin America
Asia :
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia

*

13

10

10

Total Asia.

Africa
Congo ( Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
:

3

Total Africa.
Other coxintries
Australia
All other

:

Total other countries.
Total foreign countries

International and regional :
International
Latin American regional...
Asian regional

78

-82
-iO
1

Total international and regional.
Grand total

1/
p
*

-i3

Through 1967, Luxembourg included in "Other Western Europe."
Preliminary
Less than $500,000.

t.ha

nnit.Rfl

.Stjtt.oRl

116

Treasury Bulletin
.CAPITAL
Section V
Table

CM

-V-4.

-

MOVEMENTS.

Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Estimated Foreign Holdings of Marketable U.S. Government Bonds and Notes by Country
-

(Position at end of period in millions of dollars)

}Aay 1970

117

.CAPITAL
Section

V

Transactions in Long-Term Securities by
Foreigners
^'°^''' ''' '^' United States
^^^'"^'
Table CM-V-5
CM
- Net Foreign Transactions in
Long-Term Domestic Bonds
U.S. Government Bonds and Notes, by
!„*'!,*
Country
r**^
of dol ars;
,„^,^,.4.
-

^^

vT'n

(in millions

MOVEMENTS

negutive figures indicate

i.

sales by foreigners or a net outflcw of

Calendar year

asital from the United Statsal

1969

1970

Country
1967

Europe
Austria
Belgium- Luxembourg 1/
Denmark

L969

1970
through
March p

October

November

December

January

February p

March

:

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

3

15

121

U
lU
38
^

»

195
253

81

13

4
105
200

6
21

A
10
-19

12

1
12

1

1

4

4

25

10

42
17
«

5

21

64

16

9
-9

39

14
-23

1
w

1

1

4

5

5

1

2

-18

2

1

26

15

13

8

44

14

35

30

154

36

-1

1

1

9
177

15

11

1

510

169

37

9

251

78

11

1

ft

-337
1/

Total Europe

522

«

#

3

17

-2

i3

1.757

822

Canada

68

-13

151
30

13

Latin America :

Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin

-3
1

American Republics...
Bermuda
Antilles and Surinam,
America

Total Latin America

1

1

1

-1
-8

10

16

25

-1
-3

3i

12

14

-6

7

7

-1

10

Asia:

China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia

28

-12

1

1

-4
-1

Total Asia

30

Africa
Congo ( Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
:

Total Africa
Other countries

34

34
:

U

Australia
All other

1

Total other countries

11

TTT

Total foreign countries

International and regional
International
Asian regional

1.847

-VTT

"TT

343

94

82

14

336

94

14

38

146

35

201

852

113

44

37

38

8

121

313

1,964

1.1S3

Data include transactions in issues of states and municipalities,
are
and of corporations and other agencies of the U.S. Gorernment which
not guaranteed by the United States.

Note:

163

:

Total international and regional.
Grand total

10

1/

p
*

Through 1967, Ijixemtcurj
Preliminary,
less than $500,000.

48

r:cluded in "Other Western Birope.

146

Treasury Bulletin

118

.CAPITAL MOVEMENTS.
Transactions in Long-Term Securities by Foreigners
Section V
Reported by Banks and Brokers in the United States
Table CM-V-6. - Net Foreign Transactions in Domestic Stocks by Country
-

(in millions of dollar

1/
p
*

Through 1967, taxembom-g included In "Other Western Europe.
Preliminary.
Less than $500,000.

May 1970

119

.CAPITAL MOVEMENTS.

V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-7. - Net Foreign Transactions in Long-Term
Foreign Bonds by Country
Section

(In millions of dollars; negative fifiures indicate net
.ales by for.^.... , p. a net

Calendar year

„,t.n^ of

ca.it.„1

f.o. t.e Unit..

iq6q

Rt.nt...

1Q70

Country
1970

1967

Europe
Austria

1968

i96q

through
March p

October

November

December

January

February p

March p

:

Belgium- Luxembourg l/
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe l/.
U.S.S.R
Other Eastern Europe....

-13

1

1

33

kS
-1

1*2

-16
-10
37
2
32
-h
-2
2
-3
-2

5

-1

1*

10
23
2

25
5
5

1
2

1
59
-3
6
15
6

31*

-1
1
k

1

12
-6
1

67
32

k

-32

-1

13
-26

-1
10

11

-1

1

Total Europe
Canada

-3

lUo

218

117

-7U9

-893

^^96r

16
13
2
-1

-19
-Ik
3

3

-2

-3

-11

-31

-29

1

3
-2

33

286

6

51*

^35~

5

1?

-U3

-71

-125

Latin Ameri ca;

Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin

-2
*

16

American Republics...
Bermuda
Antilles and Surinam.
America

Total Latin America.

1
*

-2

3

3
1

-3

-202

-2

-2

35

-267

3
-3

-2

-2
-11*

-16

-1
-2

-15
-3
-12

7
-2
-13

-1*

Asia:

I|

China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia

j
'I

.

I

*
-181
-6
1

-k
2

Total Asia.

5

-2
-11*9

Ik
*
-16

-1
-1
#

-138
-1
-1
-7

-1*1

3

2

-1
-6

1

36

53

-36

-1

-153

-97

-192

-36

-1

-12
-1

-12

-17

-18

-12

1

1

2

1

-15

-15

-ll*

3 Africa:

Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa

-21

Total Africa

-19

Other coiintries

2
*

-33

:

13

Australia
All other

-10
-15

17

Total other countries....

-26

25

foreign countries....

-771

-i.osit

international and regional
International
European regional
Latin American regional.,

-26k
-16
-112

-260

51*

1

6
6

-392

-327

66

-17

-1,38c

-1,023

-303

iTotal

1

8

ll.

-286

-71*

-26

-56

-116

:

'

Total international and regional.

-28

-15-'-

Taod total

-1,163

Through 1967, Luxembourg included in"Other Western Europe.
Preliminary.
Less than $500,000.

-111.

..

Treasury Bulletin

120

.CAPITAL MOVEMENTS,
Section V Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
-

Table CM-V-8.
(In millions of dollars;

Net Foreign Transactions

-

in Foreign Stocks

196Q

Calendar year

Country
1967

Europe
Austria
Belgium- Luxembourg 1/ . .
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe l/
U.S.S.R
Other Eastern Europe....

by Country

negative figures indicate net sales by foreigners or a net outflow of capital from, the United States)

1968

1969

1970
through
March p

October

November

1970

December

January

February

:

-1
-1

-1
-52

-10

2

-25
20

-21,

1
*
2

i9

7
63

1

48

38

17

-1
13

-6

-16

-9
-2
li

37

18

6

7

1

-79

-218

-161

-6

-17

-13

-1

1

1
19

-1
1

-136

Total Europe

-a

-211

1*6

-158

Canada
Latin America :
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin

-ll(

-3

16

-14

13

11

24
19

2

-4
-7
-1
-1
-6

-2

-2

American Republics...
Bermuda
Antilles and Surinam.
America

-19

Total Latin America

Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia

-11

5

-33

-29

:

-3

-9

-211

9

12

16

1

-38

-14

1

1

X-

-3

Total Asia.

-29

-189

Africa :
Congo ( Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa

-1

-36

_;i^

20

-33

-16

40

-34

-16

40

-U

-1

Total Africa..
Other countries
Australia
All other

-32

^11.

:

Total other countries.

Total foreign countries.
International and regional
International

-156

-312

-427

-157

-314

-427

52

:

Total international and regional..
Grand total
_L.

1/
p
«

Through 1967, Luxembourg included in "Other Western Europe."
Preliminary.
Less than $500,000.

52

_i.

p

)

..

Hay 1970

121

.CAPITAL MOVEMENTS.
V - Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-9. - Foreign Purchases and Sales of Long-Term Securities,
by Type and Country, During March 1970 Preliminary
Section

(In millions of dollars

i

Gross purchases by foreigners

Domestic securities

Country

Europe

Marketable
Total
U.S. Governpurchases
ment bonds
and notes

Gross sales by foreiprners

Foreign securities

Corporate and
other

Ct.nie:tic

Total
sales

Marketable
U.S. Govern-

securities

ment bonds
and notes

Bonds

:

Austria
Belgium-Luxembourg
Denmark
Finland
France
Germany
Greece

.

.

3

2

1

^6

70

51

2

1

1
S2
53
1

Italy

17
36

Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
ether Eastern Exirope

3
1
3

1

66
30

38

1

*

9

65

7
78

1

1

2

2

79

1

253

392

Canada

5
73

1

2

27

265

25

50

144

13

20

330
212

47

1

1

18

292

15

5

20

122

14

10

3

614

39

34

223

America
Argent ina
Brazil

T.fl+.in

18

3

Total Europe

_22_

137

385

_42_

:

Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay

Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin

4
4

3

1

1
1

1
1

1

J

3

American Republics...
Bermuda
Antilles and Surinam.
America

Total Latin America

1
63
65

1

1
58
43

48
55

51
39
103

l-iV

Asia :
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea

14
15

13

Philippines
Taiwan
Thailand
Other Asia

1

1

Total Asia.

36

23

23

16

Africa
Congo
:

( Kinshasa
Morocco
South Africa
United Arab Republic (Egypt).
other Africa

Total Africa.
Other countries :

Australia
All other
Total other countries
Total foreign countries

International and regional
International
European regional
Latin American regional
Asian regional

1,301

40

Grand total.

Less than $500,000.

170

S45

:

145

101

1.392
11

12

69

10

23

69

Total international and regional..

*

rorei^'n securities

Corporate and
other

1,399

40

351

163

12

Treasury Bulletin

122

-CAPITAL MOVEMENTS.

V

Transactions in Long-Term Securities by Foreigners
Reported by Banks and Brokers in the United States
Table CM-V-10. - Foreign Purchases and Sales of Long-Term Securities,
by Type and Country, During Calendar Year 1969
Section

-

)

Uay 1970
123

.CAPITAL
Section VI

-

MOVEMENTS

Foreign Credit and Debit Balances in Brokerage
Accounts
- Foreign Credit Balances (Due
to Foreigners) by Country

Table CM-VI-1.

(Position at end of period in millions of dollars)

Calendar year

1969

Country
l°6-i

Europe :
Austria
Belgium-Luxembourg 1/
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
N orway
Portxigal
Spa in

1966

1967

1968

March

June

1

U

September

December p

1

16

15

25
22

26

17

19

13

11

31
22
1
16
22

2

3

1
1

1

2

19

,

1
ft

15
11

10

»

7
1

,

t

Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 1/
U.S.S.R
Other Eastern Europe

,

7
8
1

9

13
,

ft

1

11

10
16

U

8
15

18

12
1

1

ft

3

2

3

1
7

i

3

1

1

3

3

2

2

3

1

53

61

115

239

193

188

168

153

ft

ft

ft

ft

*

13

30

67

84

95

66

61

2

2

A30

378

379

310

Z9k

6

5

5

7

3

5

5

3

3

1

6
1

ft

ft

ft

2

1
6
1

1
1

«

15

1

ft

ft

3

3

,

,

Total Europe

105

Canada

Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin

1°65

118

15
:

2
1

1
1
ft

American Republics-.
Bermuda
Antilles and Surinam
America

Total Latin America

2

3

u

7

i

1
9

1
11
4

2

1

1

34
20

U
19
1

46
22

5

1
a""

_20_

84

15

47
21

Asia :
China Mainland

10

Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Ta iwan
Thailand
Other Asia
15

15

Total Asia

J3-.

Jk.

18

Africa :
Congo

( Kinshasa
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa

Total Africa
Other countries :
Australia
All other

Total other countries
553

175

Total foreign countries

jbb

International and regional
Grand total

116

153

Data represent the money credit balances (due to foreigners),
appearing on the books of reporting brokers and dealers in the^
United States, in accounts of foreigners with them, and in their
accounts carried by foreigners.

Note:

175

y
p

in "Other Western Europe
Through June 1967, Luxembourg included
Preliminary.
Less than $500,000.

Treasury Bulletin

124

.CAPITAL MOVEMENTS.
Section VI - Foreign Credit and Debit Balances in Brokerage Accounts
Table CM-VI-2. -Foreign Debit Balances (Due from Foreigners) by Country
(Position at end of period in millions of dollars)

}Aay 1970

125

.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND
FUNDS.

The financial statements of corporations and other busi-

ness-type activities of the United States Government, which
have appeared in the "Treasury Bulletin" since the August 1956
issue,

are compiled from reports submitted to the Treasiory

under Department Circular No. 966, issued January 30, 1956, and
Supplement No.

1,

Revised, issued June 16, 1965.

These regu-

lations were issued pursuant to the Budget and Accounting

Procedures Act of 1950.
Regulation

No.

3,

They superseded Budget-Treasury

issued under Executive Order No. 8512 of

were presented in the August 1956 Bulletin.

Loans shown on
the statements of financial condition are classified
by type
and account in Section III, Table GA-lII-2.
Statements of
income and expense and source and application of funds
are

published semiannually, for June 30 and December 31 reporting
dates, and appear as Section I, Tables GA-I-2 and GA-I-3. The
first of these statements under Circular 966 covered the fiscal

year 1956, and were published in the January 1957 Bulletin.
All funds shown in the statements are noted to Indicate whether

August 13, 19^0, as amended by Executive Order No. 908/V of

they are public enterprise revolving funds, intragovernmental

March 3, 19^2, under which financial statements previously

revolving funds, trust or trust revolving funds, or general and

published in the Bulletin were submitted.

special funds.

Department Circular No. 966 requires submission of finan-

Supplement No. 1, when originally issued in 1956, extended

cial statements by all wholly owned and mixed-ownership Govern-

the coverage to include all executive agencies and activities

ment corporations specifically included in the Government

not previously reporting under Circular 966, but required only

Corporation Control Act, as amended (31 U.S.C.

a statement of financial condition annually as of June 30.

84.6,

856); and

all other activities of the Government operating as revolving
funds.

Other activities and agencies whose operations, serv-

These were activities which were not principally of a businesstype nature.

Those which had not yet developed formal ac-

ices, or functions are largely self-liquidating or primarily

counting procedures to provide complete balance-sheet type

of a revenue-producing nature,

and activities and agencies

statements were temporarily authorized to report only assets.

whose operations result in the accumulation of substantial

Thus, the supplement rounded out provisions for information on

inventories, investments, and other recoverable assets, were

properties and other assets, as well as liabilities, of the

brought under the regulations as the agency accounting systems

United States Government all of which is needed by Treasury for

were developed to where they were capable of furnishing the

the compilation of complete Government-wide financial reports.
The first comprehensive reporting under the original Supplement

required financial reports.

Four kinds of financial statements are called for by

No.

1 was for June 30, 1957,

and the data were published in the

December 1957 Bulletin as Part B of Table 4 in Section
Department Circular No. 966.

I.

They are statements of financial
Statements submitted under this supplement are now published

condition, income and e:q)ense, source and application of funds,

annually in Section II, Table GA-II-1.
and certain financial contingencies.

The revision to Supple-

The statements of finanment No. 1 in 1965 made no basic change to the overall purpose

cial condition are published quarterly and appear as Section I,

of the originally issued supplement; it updated and consolidat-

Table GA-I-1.

The first statements of financial condition
ed 5ll amendments to both the regulation and instructions.

published under Circular 966 were as of March 31, 1956, and

,

Treasury Bulletin

126

FINANCIAL OPERATIONS OF
Section

I

-

GOVERNMENT AGENCIES AND FUNDS.

Government Corporations and Other Business-Type

Table GA-I-1.

-

Statements of Financial Condition, December
(

Government
Printing
Office (IE)

Appalachian
housing
fund (PE)

ASSETS
198,112

1,011*

-1

22,13lt,l*65

9,580

1,372

9,526,14*1+

,

507,855

.

<

It, 000 2/
3,653,077
-97,092

899,507
588,999

<

Total assets

1,761,365
585,837
21,lt22,795

1*1*,

566
27

61,393

-79,202
111,1*92

531,893
89l*,777

251,296
595

1*7,510,097

5,718,772
-1*30,876

756,162
688,131
-379,956
19,056,180

32,1*29

-5,1*55,1*55

-22,285

308,1*08

5,951,678
136,618,761. 3/

867

127,592

1,966

LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Other
Other liabilities (including reserves)...
Total liabilities

1,052,998

627

1*36, 701*

15,801*

537,031
980,251

758

1*,

71*

569,31*3

39,856

2,723

1,1*93,812
1*30,067

1,636
1,092

71,886
10,159,096
1,771*, 5U2

6,511,855

6,507

28, 057,1* 1*0

29,222

NET IMVESTMEMT

United States interest:
Interest-bearing Investment:
Capital stock
Borrowings from the U.S. Treasury....
Other
Nonlnterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of generELl and special fund
revenues (-)
Total United States interest

Trust and private interest:
Principal of fund
Capital stock
Accumulated net income, or deficit (-).
Total trust and private interest
Total liabilities and investment

100,000
26, 111*, 681

1,388,238

1,050,000
59,617,736
6,290,172

26,000
33,815

2,000

38,551*

-3^

98,370

1,966

33,018,1*25

-17,899,536
-5,1*05,020
I0l*,27l*,695

23,829
U, 262,796

1*,

286, 625

136,618,761

1969

Funds appropriated to the President

Office of
Economic

Cash in banks, on hand, and in transit...,
Fund balances with the U.S. Treasury i/. ..
Inrestments:
Public debt seCTirlties (par value)
Securities of Government enterprises. .
Securities of Government- sponsored
enterprises
Other securities
Unamortized premium, or discount (-)....
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises.
Other
Loans receivable:
Government agencies
U.S. dollar loans
Other:
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral:
Real estate
Other
Allowance for losses (-)
Land, structures, and equipment
Accumulated depreciation (-)
Foreign currencies
Other assets (net)

31,

In thousands of dollars)

Legislative
Branch

Account

Activities

127,592

Opportunity-

Economic
opportunity
loan fund (PE)

Liquidation
of foreign
military
sales
fund (FE)

Military
assistance
credits
in liquidation (G&B)

Agency for
International
Deve lopment
Acquisition
of property
revolvingfund (IR)

.

.

Hay 1970
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND
FUNDS
Table

Government Corporations and Other Business-Type

Section

I

-

GAM.

-

Statements of Financial Condition, December

Activities

1969

31,

-

(Continued)

(In thousands of dollars)
Fiind s

Alliance for
Progress,
development
loans (PE)

ASSETS
aeh in bai^a, on hand^ and In transit....
tod balances with the U.S. Treasury I/,,,

l,10i,0U

iireetiQents:

Public debt securities (par value)
Securities of Government enterprises. . .
Securities of Government-sponsored
enterprises
Other securities
Unamortized premiumf or discount (-)....
kdvances to contractors and agents:
Government agencies
Other
icounts and notes receivable:
Government agencies
Other (net)

8,386

'entories

Allowance for losses (-)
icrued interest receivable:
On public debt securities
On securities of Government enterprises.
Other
lans receivable:
Government agencies
U.S. dollar loans
Other:
Foreign currency loans
JUlowance for losses (-)
Acquired security or collateral:
Real estate
Other
Allowance for losses (-)
structures, and equipment
Accumulated depreciation (-)
trelgn currencies
)ther assets (net)
...•

4,759

1,999,899

]

I

3,117,CW8

^Total assets

LIABILITIES
Accounts payable:

Government agencies
Other
Accrued liabilities:

Government agencies
Other
Uvances from:
Government agencies
Other
jtrust and deposit liabilities:
Government agencies
Other
,3onds, debentures, and notes payable:
Government agencies
Participation certificates
Other

1,377

I

I

I

')ther liabilities (including reserves)...
iijfotal

liabUities

1,377

NET INVESTMEMT

it

States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury....
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)

'Jnlted

;

'

.
I

Y
(
[

p

Total United States interest

5i,508

3

Trust and private interest:

Principal of fund
Capital stock
Accumulated net income, or deficit (-).
Total trust and private interest.
Total liabilities and Investment.

2,875,354
185,859

.

appropriated to the Prefldent

-

(Continued)

Treasury

128

FINANCIAL OPERATIONS OF
Section

I

Table GA-I-1.

-

-

GOVERNMENT AGENCIES AND FUNDS.

Government Corporations and Other Business-Type

Statements of

Bulletin^

Financial Condition, December

31,

Activities

1969

-

(Continued)

(In thousands of dollars)

Agriculture Department

Funds
appropriated to
the President (Continued)
Account
AID - (Cont.)

Other loans
(G£:S) Q'

ASSETS

Cash in bemka, on hand, and in transit..
Fund balances with the U.S. Treasury ^ .
'

52,393

Inrestments:
Public debt securities (par value).,,.
Securities of Government enterprises..
Securities of Government- sponsored
enteirprises
.,.
Other securities
Unamortized premium, or discount (-)..
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net)
Inventories
Allowance for losses (-)
Accrued Interest receivable:
On public debt securities
On securities of Government enterprise
Other
Loans receivable:
Government agencies
U. S. dollar loans
Other:
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral:
Real estate
Other
Allowance for losses (-)
Land, structures, and equipment
Accumulated depreciation (-)
Foreign currencies
Other assets (net)

Total aeaets

3,^488

529,683
62,897

_^2l.
6^8,963

LIABILITIES

Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates.
Other
Other liabilities (including reserves)..

503

Total liabUities

503

NET INVESTMEOT

United States interest:
Interest-bearing investment:
Capital stock
•....
Borrowings from the U.S. Treasury...
Other
Noninterest-bearing Investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-)
Deposits of general and special fund
revenues (-)
Total United States interest

Trust and private interest:
Principal of fund
Capital stock
Accumulated net income, or deficit (-)
Total trust

eind

private interest

Total liabilities and investment

678,829

5^,270

-8^,639 8/
61»8,1.60

Agricultural
Research
Service

Working
capital
fund (IR)

Coinmodity

Credit
Corporation
(PE)

Consumer and
Marketing
Service

Milk market
order
assessment
fund (TR) 10/

Farmers' Home Administration

Expansion
of defense
production
(PE)

Agricultural
credit
insurance
fund (PE)

Direct
loan
account
(PE)

Hay 1970
.FINANCIAL OPERATIONS OF
Section

I

-

Table GA-I-1.

-

Statements of Financial Condition, December

Government Corporations and Other Business-Type

Emergency
Account

credit
revolving
fund (PE)

ASSETS
and in transit...
balances with the U.S. Treasury 1/..

[aah In banks, on hand,
I'und

59, Ul

jjirestments:

Public debt securities (par value)
Secxirities of Government enterprises. •
Securities of Government- sponsored
enterprises
Other securities
....••
Doamortized premium, or discount (-)...
{advances to contractors and agents:
Government agencies
Other
i(iCcount3 and notes receivable:
Government agencies
Other (net)
inventories
Allowance for losses (-)
^jiCcrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
'hoans receivable:
Government agencies
Other:
U.S. dollar loans
'

:

I

30,818

I'

Foreign currency loans
Allowance for losses (-)
(Lcquired security or collateral:
Real estate
Other
Allowance for losses (-)
Land, structures, and equipment
Accumulated depreciation (-)
I'orelgn currencies
Ither assets (net)

7

2,757

70,379

-22,295
161
28
,

[

I'otal

,

27/.

,

Ul,268

assets.

LIABILITIES

I

GOVERNMENT AGENCIES AND FUNDS

jccounts payable:

Government agencies
Other
ccrued liabilities:
Government agencies
Other
'dvances from:
Government agencies
Other
'rust and deposit liabilities:
Government agencies
Other
^nds, debentures, and notes payable:
Government agencies
Participation oertif loates
Other
ther liabilities (Including reserves).
otal liabilities

NET INyESTMENT
nited States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury....
Other
Noninterest-bearing Investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)
Total United States interest
rust and private interest:

Principal of fund
Capital stock
Accumulated net income, or deficit (-).
Total trust and private interest,
otal liabilities and investment...

221,918
45,858
-126,508

la

31,

Activities

1969

-

(Continued)

6

.

4

Treasury Bulletit
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS

130

Government Corporations and Other Business-Type

Section

I

-

Table GA-I-1.

-

Statements of Financial Condition,

December

31,

1969

( In
thousands of dollars)
griculture Department - (Continued)

Forest
Service

Rural
Electrification
Administration

Account

Working
capital

(G&S)

Working
capital
fund (IR)

ASSETS

.

Total assets

7

185

3,208

15,486

758

2

1,486
119
6,892

77

3

10

1,590
85

387

117,427

5,170,069

-Q,090

55,534
-24,776

798
-403

47,524

5,370,952

3,782

735
1,075

98

636
197

1,980
-1,056

76, 3°

32

LIABILITIES

Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Other
Other liabilities (including reserves),.

27
514

65

54

55

645

345

230

488

1

10

846

Total liabilities

1,484

480

2,356

2,200

NET INVESTMENT

United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury...
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-)
Deposits of general and special fund
revenues (-)
Total United States interest

5,153,789

608

-179,694

573

-1,563
44,0^'

5,368,597

17,524

5,370,952

Trust and private interest:
Principal of fund
Capital stock
Accumulated net income, or deficit (-)
Total trust and private interest
Total liabilities and Investment

400

396,065
34,548

9,549

-

(Continued)

Commerce Department
Economic
Development
Adinini stra tion

fund (IR)

Cash in banks, on hand, and in transit,.
Fund balances with the U.S. Treasury 1/
Investments:
Public debt securities (par value)....
Securities of Government enterprises.
Securities of Government- sponsored
enterprises
Other securities
Unamortized premium, or discount (-)..
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other ( net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprise
Other
Loans receivable:
Government agencies
U.S. dollar loans
Other:
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral:
Real estate
Other
Allowance for losses (-)
Land, structures, and equi^mient
Accumulated depreciation (-)
Foreign currencies
Other assets (net)

Activities

1

Economic
development
revolving
fund (PE)

Maritime Administration
Maritime
Administration
(G&S)

Federal ship
mortgage
insurance
fund (PE)

^[ay

1970
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES
AND FUNDS
Section

I

-

Table GA-I-1.

-

Statements of Financial Condition. December

Government Corporations and Other Business-Type
31.

(In thousands of dollars)
Coramerce Department

Maritime
Administration
(Continued

War -risk
insurance
revolving
fund (PE)

National
Bureau of
Standards

Working
capital
fund (IR)

lund

5,11*3

Vtorklng

capital
fund (IR)

Defense
production
guarantees (PE)

U33

11,297

iDTQstments:

Public debt seciirities (par value)
Securities of Government enterprises...,
Seciirities of Government-sponsored
enterprises
Other securities
Onamortizad premium, or discount (-)....
Idvances to contractors and agents:
Government agencies
Other
'scounts and notes receivable:
Government agencies
Other (net)
I

!

.'

-60

115
112

I

loTentorles

15,015
393
9,003

«

Allowance for losses (-)
interest receivable:
On public debt securities
On seciiritles of Government enterprises.
Other
loans receivable:
Government agencies
U.S. dollar loans
Other:
Foreign currency loans
Allowance for losses (-)
Icquired security or collateral:
Real estate
Other
Allowance for losses (-)
and. structures, and equipment
Accumulated depreciation (-)
loreign currencies
ither assets (net)
'Ccnied

38

<

'

I

lotal

assets

1,736

58,lltl
-12,561*

It,

620

1,526
-871

92,988

139

l6e,3l*7

2,33f'

13,033

LIABILITIES
Recounts payable:

Government agencies
Other
ccrued liabilities:
Government agencies
Other
'dvances from:
Government agencies
Other
irust and deposit liabilities:
Government agencies
Other
{onds. debentures, and notes payable:
Government agencies
Participation certificates
Other

881+

1,892

13,038
89

1,779

thor liabilities (including reserves)....

Ota liabilities

269

33

33

2,706

282

20,501

1,1*35

13,281*

133,879

100
280

682

523

13,033

lU7,3Ub

903

13,033

NET myESTMEMI
Qlted States interest:

Interest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Aocumulated net Income, or deficit (-)..
Deposits of general and special fund
revenues ( -)

U,587

Total United States interest

rust and private interest:
Principal of fund
Capital stock
Accumulated net income, or deficit (-)..
I

Total trust and private interest
otal liabilities

and investment

it.Czo

leg', 31*7

(Continued)

Military

1

62

-

Air Force Department

I

in banks, on hand, and In transit....
balances with the U.S. Treasury 1/ . .

1969

Defense Department

ASSETS

;

lash

Activities

131

.

Treasury Bulletir
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS

132

Government Corporations and Other Business-Type

Section

I

-

Table GA-I-1.

-

Statements of Financial Condition, December
(

31,

Activities

1969

-

(Continued)

In thousands of dollars)

Defense Department - (Continued)

Military
Army Department
Industrial
fund (IR)
12/

-

Investments:
Public debt securities (par value),...
Securities of Government enterprises.
Securities of Government- sponsored
enterprises
Other securities
Unamortized premivun, or discount (-),.
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other ( net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprise

Navy Department

Surcharge
collections,
sales of

Stock
fund (IR)

coramissary
stores (TR)

80,28l

7^,175

52,880
2,8oU
50,131

135,436
71,653
3,215,062
-UU,352

14,023

90,730

Other
Loans receivable:
Government agencies
U.S. dollar loans
Other:
Foreign currency loans
Allowance for losses (-}
Acquired security or collateral:
Real estate
Other
Allow8Lnce for losses (-)
Land, structures, and equlfsnent
Accumulated depreciation (-)
Foreign currencies.
Other assets ( net)

jJilL

Total asaets

21,/

jo^nL.

187,570

3,612,980

1^,332
23,506

179,763
180,^59

LIABILITIES

Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Other
Other liabilities (including reserves)..

Uit,220

10
U9

Total liabilities

56,103

-115,208

138,720

2l+5,0ll+

NET INVESTMENT

United States Interest:
Interest-bearing Investment:
Capital stock
Borrowings from the U.S. Treasury....
Other
Nonlnterest-bearlng Investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net Income, or deficit (-),
Deposits of general and special fund
revenues (-)
,

,

Total United States interest

56,180
-6,151

3,367,967 20/
-1,179

US, 850

Trust and private Interest:
Principal of fund
Capital stock
Accumulated net income, or deficit (-)
Total trust and private interest
Total liabilities and Investment

187,570

(Continued)

(Continued)

ASSETS

Cash In banks, on hand, and In transit..
Fund balances vdth the U.S. Treasury l/.

-

lU,023

Defense
production
guarantees
(PE)

Industrial
fund (IR)

Laundry
Service,
Naval
Academy (PE)

Marine Corps

\Uay 1970
.FINANCIAL OPERATIONS OF

GOVERNMENT AGENCIES AND FUNDS.

Section

I

-

Table GA-I-1.

-

Statements of Financial Condition.
December

Government Corporations and Other
Business-Type
31.

(In thousands of dollar.-i)

Defense Department

Military
Navy Department

Marine Corps
(Continued)
Stock
fund (IR)

-

(Continued)

Midshipmen's
Commissary,
U.S. Naval
Academy (TR)

Stock
fund (IR)

ASSETS

1

bin

banks, on hand, and In transit.
balances irith the U.S. Treasury X
Investment a:
Public debt seciu-ities (par value)...
Securities of Government enterprises.
Securities of Government- sponsored
enterprises
Other securities
Unamortized premium, or discount (-).,
jAdvances to contractors and agents:
Government agencies
Other
^Accounts and notes receivable:
Government agencies
Other (net)

ItO.YDl

325

33,1*51*

i

I

I

_.

{Inventories

1,253

22,71*2

6,978
260,508

129
226

Allowance for losses (-)
'Accrued interest receivable:

80,785
8,027
2,127,661*

On public debt securities
On securities of Government enterprise
Other
.Loans receivable:
Government agencies
Other:
U.S. dollar loans

Foreign currency loans
Allowance for losses (-)
lAcquired security or collateral:
Real estate
j

Other
Allowance for losses (-)
Land, structures, and equlpzaent
Accumulated depreciation (-)

'Foreign currencies
lOther

assets (net)

ilotal

assets

?-590
315,

180,695

i*??

2,1*53,367

LIABILITIES

*

Accounts payable:

Government agencies
Other
Accrued liabilities:
Government agencies
Other
jAdvances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
jSonds. debent\ires. and notes payable:
Goveriment agencies
Participation certificates
Other
)thor liabilities (including reserves).

13,508
9,005

216

193,361
108,071

I

;

Total

liabUlties

5,

'97

28,010

109,380
216

1*10,813

HET IWTESTMEin'
Jnited States interest:

Interest-bearing Investment:
Capital stock
Borrowings from the U.S. Treasury....
Other
Nonlnterest-bearlng Investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net Income, or deficit (-).
Deposits of general and special fund
revenues (-)
Total United States Interest

287,1*68 20/

2,01*2,555 20/

287.1*68

2,01*2

fruat and

private interest:
Principal of fund
Capital stock
Accumulated net income, or deficit (-).

1*61*

Ji^

Total trust and private Interest,
total liabilities

and investment...

'ootnotes at end of Section.

315,1*77

680

-

-

(ContLnued)

(Continued)

Activities

1969

-

(Continued)

133

.

Treasury Bulletinl

134

FINANCIAL OPERATIONS OF

GOVERNMENT AGENCIES AND FUNDS.

Government Corporations and Other Business-Type

Section

I

-

Table GA-I-1.

-

Statements of Financial Condition, December
(

In thousands of dollars)

Defense Department

(Continued)

-

Army Department
Account

Panama Canal
Corps of
Engineers
(IR)

Canal Zone
Government
(G&S)

Panama
Canal
Company (PE)

ASSETS

Cash in banks, on hand, and in transit.,..
Fund balances with the U.S. Treasury I/...

U,795

220
29,796

2,039
34,439

Inrestinents:

Public debt securities (par value)
Securities of Government enterprises. . .
Securities of Government-sponsored
enterprises
Other securities. •.•....••••.•.•.....•••
Unamortized premium, or discount (-)....
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other ( net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises.
Other
Loans receivable:
Government agencies
U.S. dollar loans
Other:
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral:
Real estate
•••...•....
Other
Allowance for losses (-)
Land, structures, and equifxaent
Accumulated depreciation (-)
Foreign currencies
Other assets (net)

1,400

30,362
416
9,090

9,087
2,657
284

3,775
6,431
13,607

321,684
-162,725

85,827
-30,388

792,904
-299,047

2,550

8,596

10,805

246,172

107,507

573,953

Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Other
Other liabilities (including reserves)....

1,227
15,499

11,790

428
3,249

57,926

11,008

29,359

Total liabilities

70,251

25,015

4°,°44

Total assets

LIABILITIES
Accoiints payable:

3,960
638

611

2,531
12,508

1,606

483

1,342
44

MET INVESTMEtfr

United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury
Other
Noninterest-bearing investment:
Capital stock
Appropriations.
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-)..
Deposits of general and special fund
revenues (-)
Total United States interest

317,017

23,814
93,583

25,444
57,048

188,940

49,524

166,921

82,492

246,172

107,507

Trust and private interest:
Principal of fund
Capital stock
Accumulated net income, or deficit (-)..
Total trust and private interest

Total liabilities and investment

18,052

524

31,

Activities

1969

-

(Continued)

,

May 1970
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES
AND FUNDS
Section

I

-

Table GA-I-1.

-

Statements of Financial Condition, December

Government Corporations and Other Business-Type
31,

(In thousands of dollars^
Health, Education, and Welfare Department

Health Services and Mental Health
Administration
Narcotic
hospitals

Working
capital
fund (IE)

Operation of
commissaries
narcotic
hospitals (PE)

Service
and
supply
fund (IR)

ASSETS
banks, on hand, and in transit.,.,
und balances uith the U.S. Treasury l/...

:aah In

103

38

InrestJnents:

Public debt securities (par value)
Securities of Government enterprises....
Securities of Government- sponsored
enterprises
Other securities
Dnamortized premium, or discount (-)....
iidvances to contractors and agents:
Government agencies. .•
.*•.
Other
notes
receivable:
^counts and
Government agencies
Other (net)
ijiventories

1,733

673
95
211

1,191*

Allowance for losses (-)
iccrued interest receivable:
On public debt securities
On securities of Government enterprises.
Other
•oans receivable:
Government agencies
U.S. dollar loans
Other:

Foreign currency loans
Allowance for losses (-)
kcquired security or collateral:
Real estate
Other
Allowance for losses (-)
I<and, structures, and equipment
Accumulated depreciation (-)
I'oreign currencies
I^her assets (net)
'otal

assets

305

1*2

281+

-2l»3

-26

-189

1+71

7I+

3

,

Mb

LIABILITIES
^counts payable:
Government agencies
Other
ccrued liabilities:
Government agencies
Other
dvances from:
Government agencies
Other
rust and deposit liabilities:
Government agencies
Other
onds, debentures, and notes payable:
Government agencies
Participation certificates
Other
ther liabilities (including reserves)....
otal liabilities

1,107
1,090
lit

63

10

95

1*0

29

NET INVESTMEMT

States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury
Other
Nonlnterest-bearing Investment:
Capital stock
Appropriations
Capitalization of assets ( net)
Other
Accumulated net income, or deficit (-)..
Deposits of general and special fund
revenues (-)

jOlted

I

^

I

I

I

Total United States interest

131*

10

105

2

203

1+7

1+1+3

59

rust and private interest:

Principal of fund
Capital stock
Accumulated net Income, or deficit (-)..
'

Total trust and private interest
otal liabilities

and investment

U71

250
928

1,301

-

Activities

1969

-

(Continued)

(Continued)

135

.

Treasury Bulletin]

136

.FINANCIAL OPERATIONS OF
Section

Table GA-I-1.

I -

GOVERNMENT AGENCIES AND FUNDS.

Government Corporations and Other Business-Type

Statements of Financial Condition, December

31,

Activities

1969

-

(Continued)

(In thousEinds of dollars)

HEW Dept. (Continued)

Housing and Urban Development Department
Renewal and housing assistance

Metropolitan development

Departmental
management

Working
capital
fund (IR)

College
housing
loans

Low -rent
public
housing

(PE)

(PE)

Rehabi lit a t i on
loan fund (PE)

ASSETS

Cash in banks, on hand, and in transit...
Fund balances with the U.S. Treasury 1 ..
Investments:
Public debt securities (par value)
Securities of Government enterprises. .
Securities of Government- sponsored
enterprises
Other securities
Unamortized premium, or discount (-)...
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other:
U.S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral:
Real estate
Other
Allowance for losses (-)
Ijand, structures, and equipment
Accumulated depreciation (-)
Foreign currencies
Other assets (net)

-7,902

'(6,531

573

1*31*,

63,1*3811/

l6,lt72

28,321*

7

2,636
6

231*

2l»,590

3,102,812 13/
-3,879

5,300

321,088
-1,155

7k9
-531

633
-32I*

761t

Total assets

9,785

3,261,823

15
118

709

213

13

11*8,321

3,1*57

13,672
39,397

1*,179

762,759

LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
•
•
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Other
Other liabilities (including reserves)....

,

<

3'»2

,

3

3,M»8

,

,

Total liabilities

7,289

2,052,075
396

7,775

61*3

2,113,156

153,560

1,11*0,000

239,000

2,500

3,1*70,950
21*6,223

6,167

-3,31*6,971*

NET INVESTMENT

United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury
Other
Nonlnterest-bearlng investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-),.
Deposits of general and special fund
revenues (-)

320

1,690

Total United States interest

l,ll+?',n67

Trust and private interest:
Principal of fund
Capital stock
Accumulated net Income, or deficit (-)..
Total trust and private interest
Total liabilities and investment

9,785

3,261,823

nO")

5/'

Urban
renewal
programs

Public
facility
loans

(PE)

(PE)

Public works
planning
advances
fund (PE)

Uay 1970

137

.FINANCIAL OPERATIONS OF

GOVERNMENT AGENCIES AND FUNDS

Government Corporations and Other Business-Type

Section

I

-

Table GA-I-1.

-

Statements of Financial Condition, December
(

31,

Housing and Urban Developme nt Department

fund
liquidating
prograjGs fPE)

ASSETS
Cash in banks, on hand, and in transit....
Fund balances with the U.S. Treasury 1 ...
Inrestments:
Public debt securities (par value)
Securities of Government enterprises. . .
Securities of Government- sponsored
enterprises
;
Other securities
Unamortized premium, or discount (-)....
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other ( net)
Inventor^ es
Allowance for losses (-)
•
Accrued interest receivable:
On public debt securities
On securltiee of Government enterprises.
Other
Loans receivable:
Government agencies
Other:
U.S. dollar loans

Foreign currency loans
Allowance for losses (>)
Acquired sec\irity or collateral:
Real estate
Other
Allowance for losses (-)
Land, structures, and equipment
Accumulated depreciation (-)
Foreign currencies
Other assets (net)

•

Total assets

LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Other
Other liabilities (including reserves)...

,

Total liabilities

NET INVESTMEMT

1

I

\

I

I

United States interest:
Inters s't- bearing investment:
Capital stock
Borrowings from the U.S. Treasury....
Other
Noninterest-bearing investment:
Capital stock

Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-),
Deposits of general and special fund
revenues (-)
Total United States interest
Trust and private interest:

Principal of fund
Capital stock
Accumulated net income, or deficit (-),.
,

'

Total trust and private interest.

JTotal liabilities and investment.

.

U6
722

18

79

-

(Continued)

In thousands of dollars)

Metropolitan
development (Continued)

Revolving

Activities

1969

-

Mortgage credit
Federal Housing Administration

Community
disposal
operations
fund fPE)

(Continued)

.

Treasury Bulletin

138

FINANCIAL OPERATIONS OF

GOVERNMENT AGENCIES AND FUNDS.

Government Corporations and Other Business-Type

Section

I

-

Table GA-I-1.

-

Statements of Financial Condition, December
(

GNMA

-

-

(Continued)

-

Federal Ins.
Administration

3,732

Housing for
the elderly
or handicapped
(PEl

National
insurance
development
fund (PE)

Working
capital
fund (IE)

135,265

9,699

5,6

53,000
112,683

-2,872
105,885 11/

1,078
380

1,516
181*

68

11,652

2,820,613 12/

3,153

'tl+1,358

13/

-i+.lnl*

681

1,110
-11
31*6

-Ul

1,809
3,058,512

Total assets

1,915 11/

1,392

579,768

60,011

7,581

1(21

3,1*88

1,31+8

32

100

LIABILITIES
Accounts payable:
Government agencies.
Other
Accrued liabilities:
Government agencies
Other.

Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Other
Other liabilities (including reserves),.
Total liabUities

1U8
'*6,313

529

1,505

"+3,312

586

132

1,038,386
20

1,128,708

102,512

5,020

121

13,51*0

1,701

MET IIWESTMENT

United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury...
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accxamulated net Income, or deficit (-)
Deposits of general and special fund
revenues (-)
Total United States interest

l,835,l6U

1*55,000

9l*,6'+0

22,257

1*6, U71

5,950
-lUo
70

1,929,801+

1+77,257

1*6,1*71

5

Trust and private interest:
Principal of fund
Capital stock
Accumulated net income, or deficit (-)
Total trust and private interest
Total liabilities and investment

3,058,512

00,011

Bureau of Commercial Fisheries

Alaska
Power
Administration

Bonneville
Power
Administration

(G&E)

(G&S)

Federal ship
mortgage
insurance fund,
fishing vessels
(PE)

<

<

(Continued)

Departmental
management

ASSCTS

Cash in banks, on hand, and in transit...
Fund balances with the U.S. Treasury!/ ..
Investments:
Public debt securities (par value)....
Securities of Government enterprises.
Securities of Government- sponsored
enterprises
Other securities
Unamortized premium, or discount (-).,,
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprise
Other
Loans receivable:
Government agencies
U.S. dollar loans
Other:
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral:
Real estate
•
Other
Allowance for losses (-)
Land, structures, and equipnent
Accumulated depreciation (-)
Foreign currencies
Other assets (net)

-

Interior Department

(Continued)

(Cont.)

Special
assistance
functions (PE)

1969

In thousands of dollars)

Housing and Urban Development Department
Mortgage credit

31,

Activities

m

}Aay 1970
.FINANCIAL OPERATIONS OF
Section

Table GA-I-1.

I -

GOVERNMENT AGENCIES AND FUNDS

Government Corporations and Other Business-Type

Statements of Financial Condition, December
(

31,

Activities

1969

-

(Continued)

In thousands of dollars^

Interior Department - (Continued)

Bureau of Indian Affairs

Bureau of Commercial
Fisheries - (Continued)
Fisheries
loan fund
(PE)

Fishermen
protective
fund (PE)
'

Revolving
fund for
loans (PE)

Liquidation of
Hoonah housing
project (PE)

Bureau of
Mines

Helium
fund (PE)

Bureau of Reclamatlo
Fund for emergency expenses.
Fort Peck
Project,
Montana (PE)

ASSETS
Cash in baiiks, on hand, and in transit....
Fund balances vith the U.S. Treasury 1, . ..
Investments:
Public debt securities (par value)
Securities of Government enterprises, . .
Securities of Government- sponsored

enterprises
Other securities
«
Unamortized premium, or discount (-)....
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other ( net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises.
Other
Loans receivable:
Government agencies
Other:
U.S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral:
Real estate
Other
Allowance for losses (-)
Land, structxires, and equipment
Accujmilated depreciation (-)
Foreign currencies
Other assets (net)

2,107

181

3,896

1,261

2,825

667
249
632

1

40

56,199
-21,854

18,108
-1,748

2

9,321

2i,987

U5

-li7

-2,306

-120

10

204,631 2°/

Total assets

214

331,783

1^,442

7

56
33

I.TtRn.TTTRR

Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies.
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Other
Other liabilities (including reserves).

25

12,421

299
12
33

31

358

32

439

Total liabilities

131

13,211

NET UffESTMEMI
Bnited States Interest:
Interest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury....,
Other
Monlnterest- bearing investment:
Capital stock

,

I

1

139,800
65,620

,

Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-)..
Deposits of general and special fund
revenues (-)

j

Total United States interest

13,000

120

25,599
165

3,033
-2,055

2i0
-93

112,987

11,114

26,577

li~

31?, 572

ii,5;->

2b, 57

U7

331,783

-1,8

29

Trust and private interest:

Principal of fund
Capital stock
Accumulated net income, or deficit (-).

I'

Total trust and private interest.

i'

llotal

liabilities and investment.

"Pootnotes at end of Section.

.

-17,981
2,193
4,753 il/
30,257

10

Treasury Bulletin

140

FINANCIAL OPERATIONS OF

GOVERNMENT AGENCIES AND FUNDS.

Government Corporations and Other Business-Type

Section

I

-

Table GA-I-1.

-

Statements of Financial Condition, December

31,

Activities

1969

-

(Continued)

(In thousands of dollars)

Interior Department

Bureau of
Reclamation
(Continued)
Lower Colorado
River Basin
Development
fund (PE)

Office of
the Secretary

Expansion
of defense
production
(PE)

fund (IR)

^

ASSETS

Cash in banks, on hand, and in transit..,,
Fund balances with the U.S. Treasury 1/ ..
Inrestments:
Public debt securities (par value)
Securities of Government enterprises...
Securities of Government- sponsored
enterprises
•
Other securities
Onamortized premium, or dlscoimt (-),,.<
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other ( net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
U.S. dollar loans
Other:
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral:
Real estate
Other
Allowance for losses (-)
Land, structures, and equipment
Accumulated depreciation (-)
Foreign cxurrencies
Other assets (net)

1,200

525

•

>

<

Total assets

2,666
-992

1,200

LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
•
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Other
Other liabilities (including reserves)...

13

3,592

Total liabilities

3,605

NET INVESTMENT

United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury,...
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)
Total United States interest

Trust and private interest:
Principal of fund
Capital stock
Accumulated net income, or deficit (-).
Total trust and private interest
Total liabilities and investment

38,800

-UO,205

1

Working
capital

-

Justice
Department

(Continued)

Office of
Territories

Alaska
public
works (G&S)

Southeastern
Southwestern
Power
Power
Administration Administration
(G&S)

(G&S)

Federal Prison
System

Commissary
funds Federal
Prisons
(TR) 10/
,

M.ay 1970

HI
FINANCIAL OPERATIONS OF

GOVERNMENT AGENCIES AND FUNDS

Government Corporations and Other Business-Type

Section

I

-

Table GA-I-1.

-

Statements of Financial Condition, December
(

.

In thousands of dollars)

Justice Department - (Continued)

Federal Prison
System - (ContJ

Federal
Prison
Industries,
Inc.

(IR)

ASSETS
Caah In banks, on hand, and in transit....
Fund beLlances vlth the U.S. Treasury! ...
Investments:
Public debt securities (par value)
Securities of Government enterprises. , .
Securities of Government- sponsored
enterprises
Other securities.
Unamortized premium, or discount (-)..,,
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other ( net)
Inventories
•
Allowance for losses (-)
Accrued Interest receivable:
On public debt securities
On securities of Government enterprises.
Other
Loans receivable:
Government agencies
Other:
U.S. dollar loans

Foreign currency loans
Allowance for losses (-)
Acquired security or collateral:
Real estate
Other
Allowance for losses (-)
Land, structures, and equipment
Accumulated depreciation (-)
Foreign currencies
Other assets (net)

31

9,i89

6,620

15,86i

36,752
-11,117

Total assets

57,854

LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Other
Other liabilities (including reserves)....

1,595
1,960

33

,

,

,

Total

liabUities

708

4,296

NET INVESTMENT
Dnited States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury,...
Other
Boninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net Income, or deficit (-).
Deposits of general and special fund
revenues (-)
Total United States interest
Trust and private interest:

Principal of fund
Capital stock
Accumulated net income, or deficit (Total trust and private interest,
lotal liabilities and investment...

jFootnotes at end of Section.

6,414

47,144

53

31,

Activities

1969

-

(Continued)

.

Treasury Bulletin

142

FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS
Section

I -

Table GA-I-1.

-

Government Corporations and Other Business-Type

Statements of Financial Condition, December
(

31,

Activities

1969

-

In thousands of dollars)

Transportation Department
State
Department (Continued)

Account
Working
capital
fund (IR)

Aviation
war risk
insurance
revolving
fund (PE)

Federal
Railroad
Administration

Alaska Railroad
revolving
fund (PE)

ASSETS

Cash in banks, on hand, and In transit,...
Fund balances with the U.S. Treasury 1,/...
Investments:
Public debt securities (par value)
Securities of Government enterprises. . .
Securities of Government-sponsored
•
enterprises.
Other securities
discount
(-)....
or
Onamortized premium,
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other ( net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises.
Other
Loans receivable:
Government agencies
Other: U.S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral:
..<
Real estate
Other
Allowance for losses (-)
Land, structures, and equipment
Accumulated depreciation (-)
Foreign currencies
Other assets (net)
•

1,039

6,31*5

1,219
3,1*67

3, 1*09

762
-1+72

2,813

Total assets.

37

37

LIABILITIES
Accounts payable:
Government agencies.
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Other
Other liabilities (including reserves)...

128
611

195
750

10
116

316

1,213

Total liabilities

2,9l6

MET INVESTMENT

United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury....
Other
Nonlnterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)
Total United States interest.

276

35

193,265
20,591
-80,503
-4,536

813

35

123

,313

37

535

Trust and private interest:
Principal of fund
Capital stock
Accumulated net Income, or deficit (-).
Total trust and private interest.
Total liabilities and investment...

(Continued)

.

}Aay 1970

143

.FINANCIAL OPERATIONS OF

GOVERNMENT AGENCIES AND FUNDS

Government Corporations and Other Business-Type

Section

I

-

Table GA-I-1.

-

Statements of Financial Condition, December
(

In thousands of dollars)

Transportation Department
United States
Coast Guard (Continued)

Urban Mass
Transportation
Administration

Yard
fund

Urban mass
transportation

(IB)

fund (PEl

Account

ASSETS
Cash in beuiks, on hand, and in transit.
Fund balances with the U.S. Treasuryl/
Investments:
Public debt securities (par value)...
Securities of Government enterprises.
Securities of Government- sponsored
enterprises
Other securities. •••••••
•
Unamortized premium, or discount (-).
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net)
Inventories
•
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprisi
Other
Loans receivable:
Government agencies
Other:
U.S. dollar loans

,

6,195

12
3,701*

-108

,

,

Foreign currency loans
Allowance for losses (•)
Acquired security or collateral:
Real estate
•

,

,

,

Other
Allowance for losses (-)
Land , structures , and equipment
Accumilated depreciation (-)
Foreign currencies
Other assets (net)

,

15, '99
,

-8,396

,

18,335

Total assets

LIABILITIES
Accounts payable:

GoTemment agencies
Other
Accrued liabilities:
GoTemment agencies. ......•..•••....•
Other
Advances from:
GoTernment agencies
Other
Trust and deposit liabilities:
GoTernment agencies
Other
Bonds, debentures, and notes payable:
GoTernment agencies
Participation certlTlcates
Other
Other liabilities (including reserves).
Total liabilities

123
337

63

7,8UU

75

135

861
9,1*37

NET IMVESTMEHT
United States interest:
Interest-bearing Investment:
Capital stock
Borrowings from the U.S. Treasury..
Other
Ifonlnterest-bearlng Investment:
Capital stock

Appropriations
Capitalization of assets (net)
Other
Accumulated net Income, or deficit (Deposits of general and special fund
revenues (-)
8,896

Total United States Interest
Trust and private interest:

Principal of fund
Capital stock
C
Accumulated net income, or deficit (-).
Total trust and private Interest.
Total liabilities and investment.

.

-

(Continued)

31,

^

Activities

1969

-

(Continued)

..

m

Treasury Bulletin
.FINANCIAL OPERATIONS OF
Section

I

Table GA-I-1.

-

GOVERNMENT AGENCIES AND FUNDS.

Government Corporations and Other Business-Type Activities
Statements of Financial Condition, December 31, 1969 - (Continued)

-

thousands of dollars)
( In
Treasury Department - (Continued)

Miscellaneous
loans and
certain other
assets (Gas)

Account

Office of the
Comptroller
of the
Currency (TR)

General Services Administration

Office of
the Secretary

Office of
the Treasurer

Federal Farm

Treasurer
of the U.S.,
check forgery
insurance
fund (PE)

I43rtgage

Corporation
liquidation
fund (PE)

Automatic
data
processing
fund (PE)

General
Services
Administration
(GS.S)

l^

ASSETS
Cash in banks, on hand, and in transit....
Fund balances with the U.S. Treasury 1/ ..
Investments:
Public debt securities (par value)
Securities of Government enterprises. . .
Securities of Government-sponsored
enterprises
/'\""
Other securities
Unamortized premium, or discount (-).,..
agents:
Advances to contractors and
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net)
Inventories
Allowance for losses (-)
Accrued Interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
U.S. dollar loans
Other:
Foreign currency loans
Allowance for losses (-)
or collateral:
security
Acquired
••
Real estate
Other
Allowance for losses (-)
Land, structures, and equipment
Accumulated depreciation (-)
Foreign currencies
Other assets (net)

9
186

2,976,557

14

bUlfil'i

11,179

2,721
12,627

36

7,600
29,671
5,764,719

466

18,746

3,i92,i58

^

500

-418

161

5

322
530,728
389,243

1,241

192,620

4,652,518 42/
22,864

769,059

417

20,538

21,950
-7.858

2,756,978
-6,183

1,170
-482

12,0'j4,3b8

Total assets.

136

13fe

175

^

'

10,178,066

25,779

5,444
9,506

64
3,775

LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
•
• •
Other
Other liabilities (including reserves)...

13

188

1,311
213,333

82
78

AV

335

1,857

106

.

Total liabilities

31

1,797,788
1,797,788

1,577

46,169

563

.308

4,737

9,901,758

10,000
11,437
-406

271;

3,250

NET IMyESTMEMT

United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury....
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)
Total United States interest.

9,358,034
2,542

17,288
17.;j88

Total trust and private interest.
Total liabilities and investment...

Footnotes at end of Section.

JOl.

I0.26t..581

Trust and private interest:
Principal of fund
Capital stock
Acciamulated net income, or deficit (-).

11

-25

906,005

1~5

12. 064, 368

(Continued on following page)

9.901.758

21

:

)

.

Hay 1970

145

GOVERNMENT AGENCIES AND FUNDS

.FINANCIAL OPERATIONS OF

Table

Government Corporations and Other Business-Type

Section

I

-

GA-M.

-

Statements of Financial Condition, December
(

Construction
services,
public
buildings (IE)

16,002

Defense
production
loan
guarant ees

(

PE

Expans i on
of defense
production

Federal
telecommunications

(PE)

fund (IB)

^3

12,377

5
1*

87

20

1

10,617
849,069

1,255

39

121
-63

83,000

39

16,128

Total assets

^3

?5c,UU6

LIABILITIES
Accounts payable:
Government agencies.
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Other
Other liabilities ( including reserves)..

12,771

2,91*5

Total liabilities

13,656

20U,6g5

36
8U9

s6
95

201,559

KET IWyESTMENT
United States interest:
Interest-beeiring investment:
Capital stock
Borrowings from the U.S. Treasury...
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (not)
Other
Accumulated net income, or deficit (-)
Deposits of general and special fund
revenues (-)
Total United States interest

1,918,000

515

2,1+72

1*3

-1,166,691*

2,U72

1*3

751,

16,128

M

Trust and private interest:
Principal of fund,
Capital stock
Acciumilated net income, or deficit (-)

Total trust and private interest
Total liabilities and investment

-

(Continued)

In thousands of dollars)

ASSETS
Cash in banks, on hand, and in transit.,
Fund balances with the U.S. Treasuryl'^
Inreetmenta:
Public debt securities (par value).,..
Securities of Government enterprises,
Securities of Government-sponsored
enterprises
Other securities.
Unamortized premium, or discount (-)..
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other ( net)
Inventories
Allowance for losses {-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprise
Other
Loans receivable:
Government agencies
U,S, dollar loans
Other:
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral:
Real estate
Other
Allowance for losses (-)
Land, structures, and equipment
Accumulated depreciation (-)••.••
Foreign currencies
•••••••.
Other assets (net)

1969

31,

General Services Administration

Account

Activities

-

(Continued)

..

Treasury Bulletin

146

FINANCIAL OPERATIONS OF

GOVERNMENT AGENCIES AND FUNDS.

Government Corporations and Other Business-Type

Section

I

-

Table GA-I-1.

-

Statements of Financial Condition, December

Activities

1969

31,

-

(Continued)

(In thouaands of dollars)

General
Services
Administration
(Continued)

Account
Working
capital
fund
(IR)

ASSETS

Cash in banks, on hand, and in transit,,.
Fund balances with the U,S, Treasury 1/,

Uli>

Investments:
Public debt securities (par value)
Securities of Government enterprises. .
Securities of Government-sponsored
enterprises
Other securities
Unamortized premium, or discount (-),,.,
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies

<

<

Other ( net)
,
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
U.S. dollar loans
Other:
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral.:
Real estate
Other
Allowance for losses (-)
Land, structures, and equiisnent
Accumulated depreciation (-)
Foreign currencies
Other assets (net)
Total assets

908
3

322

<

2,2iO
-1,181

2.7Qq

LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Other
Other liabilities (including reserves)...
Total liabilities

77
i28

570

299

1,373

(ET HffESTMEMT

United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U.S. Treasury...,
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)
Total United States interest

1

Trust and private interest:
Principal of fund
,
.
Capital stock
Accumulated net income, or deficit (-),
,

Total trust and private interest
Total liabilities and investment

450
356
398
132

Veterans

National
Aeronautics
and Space
Administration
(G&S)

Canteen
service
revolving
fund
(PE)

Direct
loans to
veterans
and
reserves (PE)

'

Administration

Loan
guaranty
revolving
fund
(PE)

Rental,
maintenance,
and repair
of quarters
(PE)

Servicemen's
group life
insurance
fund
(PE)

M.ay 1970
.FINANCIAL OPERATIONS OF

GOVERNMENT AGENCIES AND FUNDS

Government Corporations and Other Business-Type

Section

I

-

Table GA-I-1.

-

Statements of Financial Condition, December
(

In thousands of dollars)

Veterans' Administration

Service-

ASSETS
Cash In banks, on hand, ajid In transit...
Fund balances with the U.S. Treasury 1/,.
Investments:
Public debt securities (par value).,.,.
Securities of Government enterprises,,.
Securities of Government-sp>onsored

enterprises
j
Other securities
Unamortized premium, or discount (-).,.
Advances to contractors and agents:
Qovemment agencies
Other
Accounts and notes receivable:
Government agencies
,,...,,.••*..
Other (net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other:
U.S. dollar loEins
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral:
Real estate
Other
Allowance for losses (-)
,,,,
Land, structures, and equipaent
Accumulated depreciation (-)
Foreign currencies
,
Other assets (net)
Total assets

31,

-

(Continued)

Activities

1969

-

(Continued)

'

'

Treasury Bulletin

148

GOVERNMENT AGENCIES AND FUNDS.

FINANCIAL OPERATIONS OF

Government Corporations and Other Business-Type

Section

I

-

Table GA-I-1.

-

Statements of Financial Condition, December
(

31,

Activities

1969

-

(Continued)

In thousajids of dollars)

ether independent agencies - (Continued)
Civil Service Commission - (Continued)

Account

Employees
health
benefits
fund

Employees'
life
insurance
fund

(TR)

(TR)

ASSETS

Cash in banks, on hand, and in transit...
Pond balances with the U.S. Treasury l/,.
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Securities of Government- sponsored
enterprises
Other securities. ...•
Dnamortized premiinn, or discount (-}...<
Advances to contractors and agents:
Government agencies
Other
Accounts emd notes receivable:
Government agencies
Other (net)
Inventories
Allowance for losses (-)
Accrued Interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
U.S. dollar loans
Other:
Foreign currency loans
Allowance for losses (-)
Acquired secxirity or collateral:
Real estate
Other
Allowance for losses (-)
Land, structures, and equipment
Accumulated depreciation (-)
Foreign currencies
Other assets (net)

U,0^

6,063
7,752

139,72<i

712,886

-371

-17,231

57,500

206,000

53,057

27,^63
1,578

1,207

8,627

11,^85

<

Total assets

3a

2

76

,

6<io

LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Other
Other liabilities (including reserves)..,,

76, 80^

39,136

,

Total liabilities

18,668

961,510

^5,i72

1,000,0/.-

NET INVESTMEtfT

United States Interest:
Interest- bearing investment:
Capital stock
Borrowings from the U.S. Treasury....,
Other
Nonlnterest-bearlng Investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Acciimulated net Income, or deficit (-).
Deposits of general and special fund
revenues (-)

,

Total United States Interest
Trust and private interest:
Principal of fund
Capital stock
Accumulated net income, or deficit (-),
Total trust and private interest
Total liabilities and Investment

_

181,17^
131

a7A

Export-Import
Bank of the
United States

Farm
Credit
Administration

Regular
lending
activities

Banks for
cooperatives
investment
fund (PE)

Retire(il

Investigations
(IR)

employees
health
benefits
fund (TR)

Salaries and
expenses (G&S)

(PE)

.

Hay

.

,

1970
FINANCIAL OPERATIONS OF

GOVERNMENT AGENCIES AND FUNDS

Government Corporations and Other Business-Type

Section

I

-

Table GA-I-1.

-

Statements of Financial Condition, December
(In thousands of dollars)

Farm Credit Administration
(Continued)

Revolving
fund for
administrative
expenses (PE)
ASSETS
Cash iJQ banks, on hand, and in transit...
Fund balemces with the U.S. Treasury i ..
XnTestments:
Public debt securities (par value)
Securities of Government enterprises. ,
Securities of Government- sponsored
enterprises
Other securities
Unamortized premium, or discount (-),..
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other ( net)
Inventories
Allowance for losses (-)
Accrued Interest receivable:
On public debt securities
On securities of Government enterprises,
Other
Loans receivable:
Government agencies
U.S. dollar loans
Other:
Foreign currency loems
Allowance for losses (-).
Acquired security or collateral:
Real estate.
,
Other
Allowance for losses (-)
Land, structures, and equlfment
Accumulated depreciation (-)
Foreign currencies
Other assets (net)

1,051

11
11

,

<

,

,

,

,

-249

1,0"3

Total assets
LIARn.TTTli^

Accounts payable:
GoTemment agencies
Other
Accrued liabilities:
Government agencies
,
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Other
Other liabilities (including reserves).

24
190

,

29

Total liabilities

NET INyESTMENT
United States interest:
Interes"t-bearlng investment:
Capital stock
Borrowings from the U.S. TreasuiT". , .
Other
Honlnterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net).,
Other
Accumulated net Income, or deficit (-).
Deposits of general and special fund
revenues (-)
,
Total United States interest.

_

Trust and private interest:
Principal of fund
Capital stock
Accumulated net Income, or deficit (-).

Total trust and private Interest.
Total liabilities and investment.

Footnotes at end of Section,

-301
95

.

31,

Activities

1969

-

(Continued)

149

.

Treasury Bulletin

150

FINANCIAL OPERATIONS OF

GOVERNMENT AGENCIES AND FUNDS.

Government Corporations and Other Business-Type

Section

I

-

Table GA-I-1.

-

Statements of Financial Condition, December

31,

Activities

1969

-

(In thousands of dollars)

Other independent agencies - (Continued)

Federal
Maritime
Commission

Account

{G&S)

Federal
Mediation
and
Conciliation
Service (G&S)

Federal
Power
Commission
(G&S)

ASSETS

Cash in banks, on hand, and in transit...
Fund balances vdth the U.S. Treasury 1 /.
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Securities of Government- sponsored
enterprises
Other securities
Unamortized premium, or discount (-)...
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other ( net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enteirprisei
Other
Ijoans receivable:
Government agencies
U.S. dollar loans
Other:
Foreign currency loans
Allowance for losses (-}
Acquired security or collateral:
Real estate
Other
Allowance for losses (-)
Land, structures, and equipnent
Acciumilated depreciation (-)
Foreign currencies
Other assets (net)

361

80^

10
1

280
31

•

,

,

287

563

Total assets

LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Participation certificates
Other
Other liabilities (including reserves),.

176

iO

34

291

800

Total liabilities
NET INVESTMENT

United States interest:
Interest- bearing investment:
Capital stock
Borrowings from the U.S. Treasury...
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-)
Deposits of general and special fund
revenues (-)
Total United States interest

275

lU

-701

liA

Trust and private interest:
Principal of fund
Capital stock
Accumulated net income, or deficit (-)

Total trust and private interest
Total liabilities and investment

10,267

'-1.;

(Continued)

}\ay 1970
FINANCIAL OPERATIONS OF
Section

I

Table GA-I-1.

-

151

GOVERNMENT AGENCIES AND FUNDS

Government Corporations and Other Business-Type Activities
Statements of Financial Condition, December 31, 1969 (Continued)
-

(In thousands of dollars)

.

.

.

.

Treasury Bulletin

152

FINANCIAL OPERATIONS OF

GOVERNMENT AGENCIES AND FUNDS.

Footnotes to Table

Public enterprise revolving funds.
Intragovernmental revolving funds
Trust revolving funds.
(TR)
(G&S) General and special funds (also includes loan accounts of enterprises in liquidation and foreign currency)
1/ These amounts consist mainly of unexpended balances of general,
special, and revolving fund accounts against which checks may be
drawn to pay proper charges under these funds. The funds are considered as assets of the agencies but are not assets of the United
States Government since funds must be provided out of cash balances
of the Treasurer of the United States and future receipts to take
care of checks to be issued against the balances
2/ Represents Federal National Mortgage Association, secondary market
operations fund debentures.
2/ Includes foreign currency assets, representing loans and other
receivables recoverable in foreign currency as well as balances of
foreign currencies in United States depositaries, aggregating $6,079
million in dollar equivalent. These currencies, acquired primarily
without the payment of dollars, were generated under various Government programs, principally the Agricultural Trade Development and
Assistance Act of 195^, as amended, and the Mutual Security Acts, as
Dollar equivalents are computed for reporting purposes, to
amended.
provide a common denominator for the currencies of the many countries
Foreign currencies on hand and on deposit and loans under
involved.
section lOi (e) of the Agricultural Trade Development and Assistance
Act of 1954, as amended, are stated at the rates as of December 31,
1969, at which the United States could purchase currencies on the
market for regular operating purposes. Other loans are stated at
the rates at which they are to be repaid or at rates in effect when
Currencies that are dollar denominated or
the loans are extended.
guaranteed as to rates of exchange are stated at rates specified in
the agreements
ij Excludes personal property which had an original acquisition cost
value of $11 million accounted for by this fund.
Certain corporations and other business- type activities that have
submitted statements of financial condition guarantee and insure
loans made by private financial institutions and insure deposits in
banks and savings and loan associations. These commitments are excluded from their balance sheets. The major agencies that have
these items and the principal amounts thereof are as follows:
Amount
(In millions
Activity
of dollars)
Funds appropriated to the President:
45
Liquidation of foreign military sales fund
Agency for International Development:
183
Foreign investment guaranty fund (June 30, 1969).
Agriculture Department:
Farmers' Home Administration:
1,647
Agricultural credit insurance fund
1,479
Rural housing insurance fund
Commerce Department:
Maritime Administration:
595
Federal ship mortgage insurance fund
Health, Education, and Welfare Department:
Office of Education:
701
Student loan insurance fund (June 30, 1969)
Housing and Urban Development Department;
assistance:
and
housing
Renewal
Low-rent public housing:
5,828
Local housing authority bonds and notes
1,414
Local hoxjslng authority temporary notes
2,675.
Urban renewal programs (June 30, 1969)
Mortgage credit:
Federal Housing Administration:
64,900
Revolving fund
Veterans' Administration:
18, 6O4
Loan guaranty revolving fund
Other independent agencies:
Export- Import Bank of the United States (June 30,
829
1969)
Federal Deposit Insurance Corporation (June 30,
292, 136
1969)
Federal Home Loan Bank Board:
Corporation,
Insurance
,
139,725
Loan
.
Savings
and
Federal
151
Interstate Commerce Commission (June 30, 1969)
Small Business Administration:
487
Business loan and investment fund (June 30, 1969)
16
Defense production guarantees (various agencies)
Agripursuant
to
the
established
program
6/ Represents the Cooley loan
cultural Trade Development and Assistance Act of 1954, as amended
(7 U.S.C.1704 (e)).
2/ Represents deferred income,
8/ Represents transfers of principal and interest to miscellaneous
receipts of the United States Treasury Department.
2/ Consists of contingency fund, Inter-American social and economic
program, and supporting assistance loans.
10/ As of June 30, 1969, the latest available.
11/ Represents collections turned over to the Government National Mortgage Association, participation sales fund and held for payment of
principal and interest on participation certificates.
12/ Certificates of interest, shown in the liability section of this
statement, have been issued against certain of these loans.
(PE)
(

13/

IR)

^

11/
15/

16/
17/

13/
12/

20/

21/
22/
23/
2iJ

£5/
26/

27/
28/
29/
30/
31/

2ZJ
33/
34/

35/

36/
37/
38/
39/

40/

41/

42/

42/

44/

45/

46/
47/

GA-M
Participation certificates, shown in the liability section of this
statement, have been issued against certain of these loans under
trust agreements with the Government National Mortgage Association
participation sales fund.
Represents certificates of interest.
Represents noninterest-bearing public debt borrowings from the
United States Treasury Department pursuant to an act approved
November 2, 1965 (79 Stat, 1178),
Includes administrative and operating expenses funds.
Includes assets in use, vessels, and other assets held primarily for
mobilization, and vessels held for scrapping.
Represents depreciation on assets in use and on mobilization assets,
and allowance for losses on vessels held for scrapping.
Excludes capital property such as land, structures, and equipment as
Air Force, $3,131 million; Ariny, $1,985 million; I^rine
follows;
Corps, $22 million; Navy, $4,808 million; and defense agencies, $6
million.
Consists mainly of capital representing appropriations, reappropriations, capitalization of assets, and acciimulated net income or
Figxires for each of these amounts were not shown separately
deficit,
on the report submitted by the fund.
Represents reserve for equity of others.
Includes the Defense Communications Agency,
Includes Defense Atomic Support Agency and National Security Agency,
Represents Consumer Protection and Environmental Health Service,
Represents allowance for title and other contingencies.
Includes construction work in progress and unclassified assets
amounting to $208 million.
Includes interest accrued on investment in power facilities amounV
ing to $11 million.
Represents interest on invested capital.
Includes helium stored underground held for futvtre use amoxmting to
$291 million.
Includes construction work in progress amounting to $150 million.
Includes interest on invested capital.
Included beginning December 31, 1969.
Represents the fund known as "Advances to employment security administration accoxmt, unemployment trust fund."
Figures are as of January 9, 1970. The cash and fund balances and
receivables include sufficient funds to pay for resources on order
of $417 million. These resources on order are a part of the Government equity in the Postal Service,
Valued at cost, estimated if not known. Land includes sites held
for resale to prospective lessors for which $22 million has been
paid or obligated.
Does not
Represents judgments in favor of the United States
include allowance for uncollectible items.
Represents construction work in progress and in warehoxise.
Includes construction work in progress amounting to $112 million.
Liabilities do not include:
(1) undetermined amounts of postage in
the hands of the public which have been accounted for as revenue
when sold, and (2) the following types of contingent and future
contingent liabilities for cases pending before the
obligations;
Civil Aeronautics Board and for pending suits and damage claims,
and commitments under long-term leases.
Represents accrued interest expense on borrowings from the United
States Treasury Department on which payment has been deferred.
Includes Public Works Administration (in liquidation) and strategic
and critical materials.
Consists of stock of the Asian Development Bank amounting to $80
million, stock of the International Bank for Reconstruction and
Development amounting to $635 million; and subscriptions to the
International Finance Corporation, the Inter-American Development
Bank, and the International Development Association amounting to
$35 million, $1,950 million, and $792 million, respectively.
Includes lend-lease and surplus property balances amounting to
$1,176 million; and receivables from the District of Columbia,
Greece, Japan, and the United Kingdom amounting to $245 million;
$13 million; $249 million; and $2,965 million, respectively.
Includes buildings and land improvements, and construction work in
progress amounting to $681 million.
Represents an accountable advance of $213 million to General Services Administration for transfer of silver to strategic and critical
materials stockpiles. The value of this silver is included in
inventories.
Includes construction work in progress amounting to $185 million.
Represents public debt borrowings transferred from the direct loans
to veterans and reserves fund. These borrowings are noninterestbearing as provided by acts approved February 29, 1964 (78 Stat,
147), August 30, 1964 (78 Stat. 661), and September 6, 1966 (80
.

Stat. 679).

iS/
49/
50/

51/
52/
*

Participation certificates, shown in the liability section of this
statement, have been issued against certain of these loans.
Represents primary and secondary reserves.
The net income is not available by law for dividend distribution and
is considered by the Corporation as a reserve for future deposit
insurance losses and related expenses with respect to insured banks.
Includes Investigations and construction work in progress amounting
to $569 million.
Consists of net income from power operations of $651 million and net
expense of nonrevenue-producing programs of $433 million.
Less than $500.

.
,

..

}Aay 1970

153

.FINANCIAL OPERATIONS OF
Section III

Table GA-III-1.

-

GOVERNMENT AGENCIES AND FUNDS
Federal Credit Programs

Direct Sales and Repurchases of Loans

-

(In millions of dollars)

Housing and Urban Development Department
Export- Import
Bank of the
United States

Total
Fiscal year
or month

Repurchases

Sale

Repurchases

Farmers Home
Administration

Sales

i/
1,275
1,150
936
596

1963.
196i.
1965.
1966.
1967.
1968.
1969.

1969- Mar
Apr.

May
June

.

.

.

.

July.

.

Aug
Sept.

.

Oct
Nov.

.

.

Deo

1970 -Jan..
Feb
Mar. ,
Fiscal 1970
to date.
.

.

.

.

92

954
1,070

a3

1,337

428

729
974
959

6

6

47

103
105
123
183
198
301

67
49
280
46
79
128

220
475
129

21
33
19

33

1,834

721

301

a

13

13
7Sr

25
23
4
4

179

1

4

11

176

71

3

6

260

Sales

307
144
264

119
157
291

124
63
153
91
379

12
62
4
45&r

Repurchases

Government
National Mortgage
Association 1/

6

50
174
405

Repurchases

Office of Secretary
2/

Sales

Repurchases

Small Business
Administration

Sales

34

5

104

5

33
11

31
120

Repurchases

Veterans
Administration

Sales

460
342
327
105
71

2

15
6

2

Repui^
chases

:

)

Treasury Bulletin

154

.FINANCIAL OPERATIONS OF

GOVERNMENT AGENCIES AND FUNDS.

Section III - Federal Credit Programs
Table GA-III-2. - Loans Outstanding, December
Excluding Interagency Loans
(

In thousands

31,

1969

of dollars
United States dollar loans

Type of loan and lending agency

Loan
accoxmt

Total

1/

To aid agriculture
Loans to cooperative associations;
Economic opportunity loan fund
Farmers' Home Administration:
Direct loan account
State rural rehabilitation funds

Expenditure
account

2/'

:

15,802

15,802
327,099
59

Rural Electrification Administration
Crop, livestock, and commodity loans:
Commodity Credit Corporation
Famers Home Administration:
Direct loan account
Emergency credit revolving fund
Storage facility and equipment loans:
Commodity Credit Corporation
Farm mortgage loans:
Farmers' Home Administration:
Agricultural credit insurance fund
Direct loan account
Rural housing insurance fund
Rural housing loans
State rural rehabilitation funds
Other loans:
Economic opportunity loan fund:
Loans to aid farm or rural families
Farmers Home Administration:
Direct loan account
Rural housing and other loans
Rural rental housing loans
Senior citizens rural housing loans
State rural rehabilitation funds

V

5,170,069

327,099
59

V

5,170,069

3,628,182 i/

3,628,182 5/

'

323
70,379

323
70,379

170,019

170,019

476,009
257,786 6/
283,914
521,725 b/
22,110 i/

476,009
257,786 b/
283,914
521,725 6/
22,110 1/

61,987

61,987

'

669,504 6/
1,654
14,155
32,082
2.»0 4/

'

Total to aid agricultxrre

11,725,390

669,504 6/
1,654
14,155
32,082
2.530 4/
8,097,208

3,628,18=

To aid homeowners
Mortgage loans:
Housing and Urban Itevelopment Department:
:

Federal Housing Administration;
Community disposal operations fund
Revolving fund
Government National Mortgage Association;
Management and liquidating functions
Special assistance functions
Low-rent public housing
Interior Department:
Bureau of Indian Affairs;
Liquidation of Hoonah housing project
Veterans' Administration:
Direct loans to veterans and reserves
Loan guaranty revolving fund
Federal Home Loan Bank Board;
Federal Savings and Loan Insurance Corporation
Other loans:
Funds appropriated to the President;
Appalachian housing fund
Veterans' Administration:
Direct loans to veterans and reserves
Loan guaranty revolving fund

11,274
710,213 2/

11,274
710,213 2/

a3,225 6/

1,813,225 b/
2,820,613 6/

820,613 Z/
85

145
1, 317,472 6/

17,392
165,224

85

145

1,317,472 b/
17,392

165,224

595

49,010
695 6/

L, 343,

Total to aid homeowners

},

248, 941

595

49,010
1,343,695 6/

8,248,346

To aid industry
Loans to railroads:
Expansion of defense production:
;

Treasury Department
Other purposes;
Treasuiy Department:
Reconstruction Finance Corporation loans in liquidation.
Interstate Commerce Commission
Ship mortgage loans:
Commerce Department
Federal ship mortgage insruxance fund
Maritime Administration

Footnotes at end of Section.

2,062

4,571
28,732

4,571
28,732

22,760
54,513

22,760
54,513

(Continued on following page)

Foreign
currency
loans 2/

)

.

:

M.ay 1970

155

.FINANCIAL OPERATIONS OF

GOVERNMENT AGENCIES AND FUNDS_

Section III- Federal Credit Programs

Table GA-III-2. - Loans Outstanding, December 31, 1969
Excluding Interagency Loans - (Continued)
thoiicarids

dollars

United States dollar

TVpe of loan and lending agency

Loan
account
2/

Total
1/

To aid industry (Continued)

loar.^

Expenditure
accoijnt

:

Other loans:
Expansion of defense production:
Interior Department
Treasury Department
General Services Administration
Defense production guarantees:
Air Force Department

Am^

,666
,819
39

,

,736

,997

1,736
470
2,997

215,324

215,324

321
789

9,321

4,700

4,700

321

321

570

570

,

Department
Navy Department
Other purposes:
Commerce Department:
Economic Development Administration
Economic Development revolving fund
Interior Department:
Bureau of Commercial Fisheries:
Fisheries loan fund
Geological Survey 8/
Transportation Department:
Urban mass transportation fund
Treasury Department:
Reconstruction Finance Corporation loans in liquidation...,
General Services Administration:
Reconstruction Finance Corporation liquidation fund
Small Business Administration;
Business loan and investment fund

,

,

,

,

,

,

,

,

Total to aid industry

,

To aid education :
Health, Education, and Welfare Department:
Office of Education:
Elementary and secondary educational activities 8/
Higher educational activities, loans to institutions S/, . .
Higher educational activities, advances for reserve funds 8/,
Higher education facilities loans fund
Loans to students in institutions of higher education 8/,...,
Student loan insurance fund
National Institutes of Health:
Loans to institutions:
Health professions education fund
Nurse training fund
Other student loan programs 8/
Social and Rehabilitation Service:
Assistance to refugees in the United States 8/
Housing and Urban Development Department:
College housing loans

,

,

,

,

Total to aid education
To aid States. Territories, etc.
Commerce Department:

1,174,517

2,789

6,/

1,?33.903

1,174,517 6/
1,523,452

2,116
3,112
13,470
369,881 6/
1,253,044
1,142

2,116
8,112
18,470
369,881 6/

1,253,044
1,142

28,236 6/
14,128 6/
123,945

28,236 6/
14,128 6/
123,945

20,599

20,599

3,102,812 6/

3,102,812 6/

4,942,485

3,504,662

106, 174

106,174

168

168

1,437,823

:

Economic Development Administration:
Economic development revolving fund
Health, Education, and Welfare Department:
Health Services and Mental Health Administration 8/
Housing and Urban Development lepartment:
Urban renewal programs
Low-rent publ ic hous ing
Public facility loans
Public works planning advances fund
Revolving fund , liquidating programs
Interior Department:
Bureau of Reclamation 8/
Office of Territories:
Alaska public works
Loans for rehabilitation in Guam 8/
Treasury Department:
Miscellaneous loans and certain other assets:
Loans to the District of Columbia
General Services Administration:
Public Works Administration (in liquidation)
Total to aid States, Territories, etc

Footnotes at end of Section.

5,819
39

456 ,740
320 552
381 ,548 6/
72 ,507
5 434

138,362

V

456,740
320,552
381,548 b/
72,507
5,434

133,362

622
22 ,348

622
22,348

244 827

244,827

47 ,921

47,921

1,797,204

1,724,697

(Continued on following page)

V

72,507

Foreign
currency
loans

^

7

.

156

.FINANCIAL OPERATIONS OF

Treasury Bulletin
GOVERNMENT AGENCIES AND FUNDS
..

Section III - Federal Credit Programs
Table GA-III-2.- Loans Outstanding, December
Excluding Interagency Loans - (Continued)

31,

1969

i

(In thousands of dollars)

United States dollar loans
lype of loan and lending agency-

Loan
account

Total
1/

Foreign loans
Funds appropriated to the President:
Liquidation of foreign military sales fund
Military assistance credits in liquidation
Agency for International Development:
Alliance for Progress, development loans
Common defense, economic, and triangular trade loans
Development loans
Development loan fund liquidation account
Loans to domestic or foreign firms and United States firms in foreign
countries
Loans of predecessor agencies in liquidation
Other loans
Agriculture Department:
Commodity Credit Corporation:
Long-term export sales credits
Short-term export sales credits
Commerce Itepartment:
Maritime Administration
State Department:
Loans to the United Nations 8/.
Treasury Department:
Miscellaneous loans and certain other assets:
Lend-lease and surplus property
Loans and other credits
Receivable from foreign banking institutions
Atomic Energy Commission:
Long-term receivables Q/,
Export- Import Bank of the United States

Expenditure

Foreign
currency
loans 2/

accoujit

2/

:

Total foreign loans
Other loans
Health, Education, and Welfare Department:
Health Services and Mental Health Administration 8/
Housing and Urban Development Department:
Housing for the elderly or handicapped
Low and moderate income sponsor fund
Low-rent public housing
Rehabilitation loan fund
Revolving fund, liquidating programs
Interior Department:
Bureau of Indian Affairs;
Revolving fund for loans
Justice lepartment:
Legal activities and general administration
State Department;
Emergencies in the diplomatic and consular services/
General Services Administration;
Surplus property credit sales and liquidation activities
Veterans' Administration;
Insurance appropriations policy loansS/
National service life Insurance fund§/
Service-disabled veterans insurance fund
Soldiers' and sailors' civil relief
U.S. Government life Insurance fund^
Veterans reopened insurance fund
Veterans' si)ecial terra insurance fund
Vocational rehabilitation revolving fund
Small Business Administration:
Disaster loan fund

7^,839
1,361

74,839
1,361

399
62,775
;, 423, 362
244,191

1,999,899
62,775
4,423,362
244,191

,038,339
529,683

1,033,339
529,683

L, 999,

,479,793
296,678

296,678

675

675

3,830,965
941,509

171,029
639,509
62,397

1,479,793

84,194

84,194

1,176,046
;, 231, 644 2/
3,000

1,176,046
3,231,644 2/

61,114
5,658,051 10/

22,864

3,000
61,114
5,658,051 10/

20,365,643

5,958,405

4,253

4,253

14,407,239

5,713,772

:

441,358 6/
483
451
57,111
3,465

24,987

483
451
57,111

3,465

24,987

3,202

3,202

1,084

'

1,084

144,699

133,470

1,265
808,370
9,383

1,265
808,370
9,383
4
79,289
4,122
19,877
136

4
79,289
4,122
19,877
136

'

359,626 6/

Total other loans.
Total, loan and expenditxire account.

Deduct:

441,358 b/

11,223

359,626 6/

1,963,162

1,947,166

50,576,734

31,003,936

19,567,798

-\ 629, 521

1,084,881

1,544,640

15, 99

5,713,772

Loans of agencies submitting financial statements on an annual basis

(see Toothote

^)

Total loans of agencies submitting financial statements on a quarterly basis
(loan and expenditure accounts

47,947,213

.

29,924,055 7/

18,023,157

5,718,772

1

Footnotes at end of Section,

(Continued on following page)

i

May 1970
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND
FUNDS,
Section III - Federal Credit Programs
Table GA-III-2. - Loans Outstanding, December
31, 1969
Excluding Interagency Loans
(Continued)
-

I,

In thousands of dollars

)

United States dollar loans
lype of loan and lending agency
Total
1/

Memorandum
Investments in securities of privately owned Government -sponsored enterprises
Health, Education, and Welfare Department:
Federal disability insurance trust fund 8/
Federal old-age and survivors insurance trust fund 8/
Interior Department:
Bureau of Indian Affairs:
Trust funds 8/
labor Department:
Unemployment trust fund 8/
Other independent agencies:
Civil Service Commission:
Civil service retirement and disability fund 8/
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation
Railroad Retirement Board:
Railroad retirement account 8/

:

Total investments

Deduct:
Investments of agencies submitting financial statements on an annual
basis (see footnote 8/)

Total investments of agencies submitting financial statements on a qijarterly
basis as shown in Section I

20,000

137

Treasury Bulletin
.FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS

158

Section IV

Table GA-IV-1.

-

-

Trust Funds

Federal Old-Age and Survivors Insurance Trust Fund

1/

(In millions of dollars)

Total 2/

Appropriations
2/

1937-60
1961
1962
1963
1964
1965
1966
1967
1968
1969

79,390
11,82A
12,011
13,856
16,043
16,417
18,461
23,371
23,641
27,348

70,944
10,537
10,600
12,351
14,335
14,572
16,474
20,732
20,627
23,693

1970 (Est.)
1971 (Est.)

31,531
34,508

1969-Apr
May
June
July
Aug
Sept
Oct
Nov
Dec

1970-Jan
Feb
Mar
Fiscal 1970 to date

1937-60
1961
1962
1963
1964
1965
1966
1967
1968
1969

Total

56,153

870
990
1,167
1,258
1,392
1,835
2,036
2,260

11,162
12,666
13,846
14,578
15,229
18,072
18,887
20,737
23,732

27,130
29,689

2,644
2,893

1,315
1,477

27,376
30,794

26,356
29,706

523
562

2,807
3,668
2,366

2,765
2,879
1,990

10
759
-30

32
30
405

2,069
2,042
2,545

2,014
2,003
2,030

491

1,985
3,472
2,040
1,660
2,721
2,443

1,969
2,574
2,116
1,608
2,093
1,514

6
857
-89
15
596
-16

10
40
14
37
32
503

2,062
2,062
2,086
2,085
2,071
2,063

2,019
2,029
2,026
2,037
2,036
2,032

1,788
3,365
2,378

1,766
2,739
2,366

6

573
1

16
53
11

2,05t
2,110
2,137

2,046
2,075
2,103

21,851

I8,7't5

i-gi*?

716

18,730

I8,lt0lt

l"^'"!

'755

(continued)

Construction 8/

Reimbursement
to general
fund 9/

26

543

2
3

44

20,836
94
-1,268
-675

-13

59

65
66

436
454

1969-Apr
May
June

1
1
1

5

in

-55
-33
-60
-63
-64
-75
-241
-14
32
-4

7

60

(-),

Reimbursement to or
from {-) FDI, FHI,
and FSMI Trust Funds

1970 (Est.)
1971 (Est.)

3

Investments

assets

Unexpended
balance

2/
1,080

759
451
-309
3,642
2,017
2,657

20,336
20,930
19,662
18,987
19,746
20,198
19,889
23,531
25,548
28,205

19,756
19,553
18,456
17,633
18,325
13,783
17,925
21,780
23,250
26,235

1,206
1,354
1,421
1,415
1,964
1,751
2,298
1,971

4,156
3,714

32,361
36,075

29,976
33,584

2,385
2,491

1,377

5
5

49
33

738
1,626

5

16

-179

26,758
28,385
28,205

24,872
26,315
26,235

1,886
2,069
1,971

5

-77
1,410
-46
-426
650
381

28,128
29,538
29,492
29,066
29,716
30,097

26,196
26,801
27,352
26,977
27,194
27,900

1,932
2,737
2,140
2,089
2,522
2,197

27,51*3

2lt0

29,831
31,086
31,326

27,835
28,655

2,287
3,251
2,672

3,121

31,326

28,655

2,672

5

37
27
55
42
31
38

1970-Jan

6

1

-266

Feb

5
5

29

1,255

1»7

287

5

5
5
5

-13

28

Source: See Table FFO-1.
1/ Includes transactions under the predecessor dd-Age Reserve Account.
$15 million transferred from general fund for
2/ Total Includes
administrative and other costs of benefits payable to survivors of
certain World War II veterans (60 Stat. 979 and 64 Stat. 512); $35
million (1937-59), paid from the Railroad Retirement Account; beginning
November 1951, small amounts in the nature of recoveries from expenditures incidental to the operations; beginning 1958, interest payments
from Federal Disability Insurance Trust Fund and sale of waste paper;
$78 mlUion for each FY 1967 and 1968, $156 million FY 1969, $78 million
December 1969, for military service credits; and $226 million for FY
1969, $364 million December 1969 for benefits for the aged. Estimates
Includes $78 million each year for military service credits and $364
million and $371 million for benefits for the aged for FY 1970 and FY
1971, respectively.
Includes unappropriated receipts from January 1962 to June 1965.
To cover employees of States and their political subdivisions, under
the Social Security Act Amendments of 1950 (42 U.S.C. 418).

^
^

444
508
438
491

Assets, end of period

Bureau of
OASI 10/

7

1

52
50
57

725
332
361
423
403
436

Net increase,
or decrease

Administrative expenses

2

:

Payments to Railroad Retirement
Accounts 6/

58,553

3

Fiscal 1970 to date

Benefit
payments

11,730
13,279
14,531
15,284
15,965
18,770
19,729 7/
21,624 2/
24,690

2

Mar

^

530
539
512
539
583
588
725
900
1,013

2

1,161
224
263
275
312
323
443
290
354
403

July
Aug
Sept
Oct
Nov
Dec

Net earnings
on investments

V

Expenditures etc.
Fiscal year
or month

Expenditures other than investments

Deposits by
States

-13

5/

6/
7/

8/
2/

10/

,

I

Receipts

Fiscal year
or month

i^

Includes payments for vocational rehabilitation services to Federal
Disability Insurance Trust Fund.
See Table GA-IV-5, footnote 2,
Excludes transactions for investments in non-Federal securities.
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)(1)), for
administration of Titles II and VII of that act and related parts of
the Internal Revenue Code (26 U.S.C. 480-482, 1400-1432). See also
footnote 10.
Salaries and expenses of the Bureau of dd-Age and Survivors Insurance
are paid directly from the trust fxind beginning 1947, under provisions
of annual appropriation acts until passage of the Social Secxirity Act
Amendments of 1956 (42 U.S.C. 401 (g)(1)); 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 tnan $500,000.

..

..

.

:

fAay 1970

159

.FINANCIAL OPERATIONS OF

GOVERNMENT AGENCIES AND FUNDS.

Section IV

Table GA-IV-2.

-

Trust Funds

Federal Disability Insurance Trust Fund

-

(In millions of dollars)

Receipts

Fiscal year
or month

Appropriations

Total
1/

Expenditures other than investments

Deposits by
States
2/

2,962
953
946
994

184

1966....
1967
1968....
1969....

3,271 7/
1,033
1,092
1,145
1,211
1,241
1,616
2,332
2,800
3,705

1,057
1,082
1,442
2,066
2,496
3,195

86
93
114
183
203
337

1970 (Est.).
1971 (Est.).

4,345
4,^84

3,753
4,244

355
422

371
447

366
367

76

1957-60.
1961
1962....
1963....
1964
19.65....

1969 Jtpr

May
June

. .

337

Dec.
1970 -Jan.
Feb.
Mar.

.

^

SSA
Trust
Funds 6/

General
fund

Net
increase ,
or decrease
(-),

Assets, end of period

Total

Investments

ill

assets

Unexpended
balance
2/

1,036

57

11

703

34

3

70
70
63
65
60
66
84
141

1,104
74d
1,089
1,259
1,339
1,498
1,937
1,997 8/
2,237 1/
2,613

1,011
1,171
1,249
1,392
1,721
1,861
2,088
2,443

11
20
19
24

62
65
66
78

4

3

4

25
31
20
21

184
93
105
124

-114
-128
-257
-321
335
564
1,092

2,167
2,505
2,508
2,394
2,266
2,009
1,688
2,024
2,587
3,679

216
302

2,994
3,397

2,798
3,191

13
17

1,351
1,587

5,030
6,618

A, 77b

6,341

254
276

3,377
3,600
3,679

3,176
3,337
3,492

201
214
187

3,519
3,633
3,735
3,726
3,721
3,878

185
235

61

1

44

1

-K

3

67

3

291

263

261

85

148
223
79

233
225
223
233

215
212
218
216
215
217

11
10
12
7

12
14

10 J
57

3,704
3,869
3,951
3,935
4,044
4,102

220
225
218

15

25

U,127

3,867

11
Ik

230
133

lt,l(90

!*,238

260
331
251

1,955

105

810

UjltQQ

U,238

251

u

1

2,521

2Ul

111

2,079

Source:
See Table FFO-1.
$16 mil1/ Includes payments for military service credits as follows;
lion FY 1967, FY 1968, $32 million and FY 1969 and $16 million December
1969, Estimates are $16 million.
2/ 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),
i/ Includes payments for Vocational Rehabilitation Services beginning
May 1966 and construction and equipment of buildings. Estimates
are $19 million FY 1970 and $23 million FY 1971 for Vocational Rehabilitation Services and $2 million FY 1970 and $1 million for

Table GA-IV-3.

-

156
165

1,878
1,465
1,335
2,351
3,492

66
119
101
116
125
131
224
189
236
187

8

351*

55

5
5

2,101
2,386
2,407
2,278
2,141

13
11

237
238
233

2

4
4

2,167
333

208
211
216

227
225

50

i70
3b
267
1?2

2,8

Railroad
Retirement
Accoionts

17

366

Payments
to

Benefit
pay-

Total

1

1)68

Fiscal 1970
to date
.
.

69
77
82

3Ct'

July.
Aug..
Sept.
Oct..
Nov,

Interest
and profits on
investments

Administrative
Reimbursement to

25

165
82

-16

a6
209
324
224

construction and equipment of buildings.
See Table GA-IV-5, footnote 2,
For appropriate share of administrative expenses, including interest,
paid from the trust fund during the preceding fiscal year as determined by the Secretary of Health, Education, and Welfare (42 U.S.C.
40l)(g) (1)). Beginning July 1966 Monthly reimbursements are paid
to the Social Security Administration to cover salaries and expenses
instead of the semi-annual reimbursement to FQASI,
Includes $27 million paid from Railroad Retirement Accounts in FY 1960,
Excludes transactions for investments in non-Federal securities.

5/
6/

2/
3/

Less than $500,000.

Federal Hospital Insurance Trust Funds
(In millions of dollars)

Fiscal year
or month

Total 1/ 2/

Appropriations

Federal
payment
2/

Deposits
by
States

Interest
and profits on
investments

1966.
1967.
1968.
1969.

916
3,089
3,902
5,344

862
2,483
3,235
3,997

33s
284
771

206
279
426

46
60
96

1970 (Est.).
1971 (Est.).
1969 rApr

5,577
6,086

4,329
4,545

628
890

429
460

127
128

June

. .

July.
Aug..
Sept.
Oct..
Nov..
Dec.

1970-Jan
Feb
Mar
Fiscal 1970
to date

7

41:
473
324

Jtey....

96
22

317
414

1
70
55
-1

254

85

877

138

297
531
U13

29U

14,058

628

10

4
1

39

399

628

301

Benefit
payments

64
2,597 4/
3,815
4,758

V

V

5,372
6,460 1/
450
432
406

'ji/
l|2/
'

'

K

5,225
6,325

146
133

439
424
398

10

k

3Q2
378

2

1(92

1*79

3,512

1
50

69

3,619

Source:

See Table FFO-1.
Includes nominal amounts of other receipts.
Includes receipts and interest from Railroad Retirement
settlement of $16 million FY 1967, $44 million FY 1968,
FY 1969, and $64 million in August 1969, Estimates are
FY 1970 and $63 million FY 1971.
Represents payments for military service credits of $11
eac'h FY 1967 and 1968, $22 million FY 1969, $11 million
and payment for transitional coverage for the uninsured

104

Ull
388

5

2

Account - net
$54 million
$64 million

million for
December 1^69;
of $327 million

^
2/
«

04
89

2,503
3,736
4,654

409
400
360
330
346
418

1

AdminisConstructrative
tion
expensef

crease
or decrease
(-)

Total

in

Investments

Unexpended
balance

asset

420
408
370
337
356
438

2

3

69
13

1)59

2,996

Assets, end of period

Expenditures other than investments

Keceipts

.:51

851

492

1,343
1,431
2,017

736
1,293
1,370
2,001

15

204
-375

2,221
1,846

2,210
1,331

11
16

-27

1,900
2,037

1,898
2,006
2,001

3
31

15
72
-21
-4
164
27

137
-21

3,017

-100

1,917
2,056
2,081
1,999
2,066

65
45
60

-3

2,505

1,919
1,984
2,102
2,003
1,902
2,478

2,391

2,392

-1

Z,'^3k

2M(>

2,31*6
2,1*50

188

12

-Ilk
Iks
-78

106

U39

2,1*56

2,1*50

140
10
6
9
20

19

10

25
-82
67
439

5

FY 1967, $273 million FY 1968, $749 million FY 1969 and $617 million December 1969. Estimates are $617 million FY 1970 and $379
million FY 1971 for transitional coverage; $11 million each year
for FY 1970 and FY 1971 for military service credits
Excludes transactions for investment in non-Federal securities.
Includes payments for incentive reimbursement experimentation of $1
million FY 1970 and $2 million FY 1971.
Less than $500,000.

160

Treasury Bulletin
FINANCIAL OPERATIONS OF GOVERNMENT AGENCIES AND FUNDS_
Section IV

Table GA-IV-4.

-

-

Trust Funds

Federal Supplementary Medical Insurance Trust Fund
(

In millions of dollars

..
.

..

Hay 1970

161

J'INANCIAL OPERATIONS OF

GOVERNMENT AGENCIES AND FUNDS.

Section IV

Table GA-IV-6.

-

-

Trust Funds

Unemployment Trust Fund

(In millions of dollars)

Receipts

Employment security program
State
accounts
Fiscal year
or month

1/

Total

Deposits
by
States

1936-60.
1961
1962....
1963.

.

.

196i....
1965
1966.

.

.

1967
1968.

'.

.

.

.

1969.

1970 (Est.).
1971 (Est.).

Employment Security
Administration
Account 2/

33,919 10/
3,803 11/
3,985
^,261
4,288
4,132
4,126
4,072
3,822
3,899

28,452
2,398
2,729
3,009
3,042
3,052
3,067
2,917
2,605
2,561

Appropriations

2,482
2,430

725
776

1969 -Apr.
May..
June.

185
845
262

157
809
34

6

July.
Aug..
Sept.
Oct..

150
664
90

122
593

1
1

181
405
348

23
91

336

1

31

1

167
595
67

59
267
25

70
567
Ik

2,667

1,550

656

Nov.

1970-Jan
Ptet
Nfer

Fiscal 1970 to
date

Railroad Unemployment
Insurance Account 6/
Federal
Unemployment
Board

Federal
Extended
Compensation
Account

2/

1/

339

344 11/
453
945
847
615
561
597
601
633

3,962
3,997

Dec.

Advances
from
general
fund
1/

Railroad unemployment insurance

51
35

^98

-82
-4

2

333

ment
Accounts

8/

8/

1

144
143
139
137
131
126

35
58
41
29
35

24

a

1

39
35
67
41
48

25

26
-278

Retire-

184
132

5

1

Railroad

1.519
153
147
150

125
121

1

Advances from

Deposits
by
Railroad
Retirement
Accounts

101

47

162

Uay 1970

Treasury Bulleth

164

.FINANCIAL OPERATIONS OF

GOVERNMENT AGENCIES AND FUNDS.

Section IV

Table GA-IV-8.

-

Trust Funds

Investments of Specified Trust Accounts in Public Debt Securities, Agency Securities,
and Non-Federal Securities by Issues, as of March 31, 1970- (Continued)
(

Description of securities

In millions of dollars)

.

M.ay 1970

165

.CUMULATIVE TABLE OF CONTENTS.
June 1969 through May 1970
Issue and page number
1969

June

July

Aug

Sept.

1970
Oct.

Nov.

Dec.

Jan.

10
11

10
11

10
11

11

10

12

U

Apr

Article
Treasury financing operations.
:

Federal fiscal operations
Summary of fiscal operations
Budget receipts by principal sources
Chart - Budget receipts by principal sources
Budget outlays by agencies
;

Undistributed intrabudgetaiy transactions
Budget outlays by major function
Investment transactions of Government accounts in Federal
securities (net)
,
Trust funds transactions
Net market purchases or sales of Federal securities for accounts
handled by the Treasury
Accountability of the Treasurer of the U, S. on an
accounting basis
Detail of excise tax receipts
Summary of internal revenue collections by States, calendar year

10
11

10
11

10
11

1969

Federal obligations.

15

Account of the Treasurer of the United States
Status of the Account of the Treasurer of the United States
Analysis of changes in tax and loan account balances
Summary of cash transactions through the Account of the Treasurer
of the United States
Gold assets and liabilities of the Treasury

13

:

18
19

20
20

Monetary statistics
MDney in circulation.

16
17

22
23

18
19

13

16
17

16
17

18
19

18
19

18
18

18
13

20
20

20
20

17
18

13
19

19

20

20
20

21

21

22

21

:

19

Federal debt
Summary of Federal debt
5unEnary of public debt and guaranteed agency securities
Computed interest charge and computed interest rate on interest-

25

21

19

:

20

23

,

bearing public debt
Computed interest charge and rate on Federal securities
Interest-bearing public debt
Maturity distribution and average length of marketable interestbearing public debt
Special public debt issues
Interest-bearing securities issued by Government agencies
Participation certificates
Debt subject to statutory limitation
Status and application of statutory limitation
Treasury holdings of securities issued by Government corporations
and other agencies
Public debt operations
Jfeturity schedule 6f interesl^bearing marketable public debt
securities other than regular weekly and annual Treasury
bills outstanding
Offerings of Treasury bills
New money financing through regular weekly Treasury bills
Offerings of public marketable securities other than regular
weekly Treasury bills
Unmatured marketable securities issued in advance refunding

20

20

20

22

23

23

21

21

21

23

24

23
24
26

21
23

23
24
25

27

24

24

25
2b

25

26
27
28

23
24
25
26
27
23

24

22

21
22
23

29

30

30

31
33
35

22
23

20
21

26
27

22

23
2A
26
27

21

27
28
30
31

22
24
25

25

25

23

21

24
25
26

22
23
24

27

25
26

29

25

26
27
28
29

:

operations
Unmatured marketable securities issued at a premium or discount
other than advance refunding operations
Allotments by investor classes on subscriptions for public
marketable securities
Disposition of public marketable securities other than regular
weekly Treasury bills
Foreign series securities (nonmarketablej issued to official
institutions of foreign countries
Foreign currency series securities (nonraarketablej issued to
official institutions of foreign countries
United States savings bonds
Sales and redemptions by series, cumulative
Sales and redemptions by periods, all series combined
Sales and redemptions by periods, Series E through K
Redemptions of matured and unmatured savings bonds
&les and redemptions by denominations. Series E and H combined...
Sales by States, Series E and H combined

28
30
33

28
30

35

35

27
29
32

35

36

34

40

39

37

38

-.2

40

^1

44

43

47

45

51

47

46

50

13

54

50

29

31

33

^^

62

62

29
31
34

30
32
35

30
32

28
30

32

35

3-^

35

38

a

40

44
..5

49

51

51

49

65

-5

46

48

49

51

52

66

68

o8
68
69

71
71

:

65
66
68

o5
65

66
68

67
68
70

64
64
65

64
64
65
67

71
72

United States savings notes :
Sales and redenrptions by periods

o9

Ownership of Federal securities
Distribution by classes of investors and typ^s of issues
Estimated ownership by private investors

70
71

65
65
66
68
69

67
68
70

69

71

66
67
69
70

72

74

71

73

:

TreasuTY survey of ownership
Treasury survey-commercial bank ownership

70
71

74

72

76

75

82

(Continued on following page)

69
70

70
71

71
72

73

73
74

73
74
75
31

73

74

76
77

.

Treasury Bulletin

166

.CUMULATIVE TABLE OF CONTENTS.
June 1969 through May 1970

-

(Continued)

Issue and page number

1970

1969

June

July

Market q uotations on Treastirv securities
End-of-month closing quotations by Issues
Chart - Yields of Treasury securities

Apr.

o'-pt

:

87
8'1

Average -yields of long-term "bonds
Average yields of Treasury, corporate and municipal bonds by
peri ods
Chart - Average yields of Treasury, corporate and municipal bonds.

81
32

Exchange Stabilization Fund
Balance sheet
U.S. stabilization agreements
Income and expense

34

80
82

81
83

86
88

81
83

33
84

84
85

90

84
35

84
86

:

80
81

80
81

84
85

:

National bank reports
Earnings, expenses, and dividends for calendar year 1964-68
:

International financial statistics
U.S. reserve assets
U.S. liquid liabilities to foreigners
U.S. liquid liabilities to official institutions of foreign
countrie s , by area
Nonmarketable U.S. Treasury bonds and notes issued to official
institutions of foreign countries
U.S. position in the IMF
U.S. net monetary gold transactions with foreign countries and
ternational and regional organizations
:

,

S5

35
86

8b

87

86
87

87

92

82

93

83

94
95

84

86
87

86
87

85
86

91
92

87

90

93

87
88

90
91

94

89

94

39

92

95

90

95

92

95
103

93
106

93
101

98
106

93
93

in-

Capital movements between the United States and foreign countries :
Liabilities to foreigners reported by banks in the United States.
Claims on foreigners reported by banks in the United States
Liabilities to foreigners reported by nonbanking concerns in the
United States
Claims on foreigners reported by nonbanking concerns in the
United States
Transactions in long-term securities by foreigners reported by
banks and brokers in the United States
Foreign credit and debit balances in brokerage accounts

,

88

96

VI
99

92
100

105

99
107

97

91
99

91
99

106

113

103

105

105

106

109

112

107

112

109

110

117

107

109

109

1 10

113

llo

111

116

115

116
125

123
132

113
122

115
124

115
124

116
125

119
128

122
131

117
126

122
131

124

Foreign currencies acquired by the U. S. Government without
payment of dollars ;
Foreign currency transactions, summary and country uses
Foreign currency transactions, U.S. uses and trust funds
Financial operations of Government agencies and funds
Government corporations and other business-type activities:
Statements of financial condition
Statements of income and expense
Statements of source and application of funds
Regular Governmental activities:
Statements of financial condition
Federal credit programs:
Direct sales and repurchases of loans
Loans outstanding, excluding interagency loans
Trust funds:
Federal Old-age and Survivors Insurance Trust Fund
Federal Disability Insurance Trust Fund
Federal Hospital Insurance Trust Fund
Federal Supplementary Medical Insurance Trust Fund
Railroad Retirement Accounts
Unemployment Trust Fund
National Service Life Insurance Fund
Investments of specified trust accounts

85

^4

35

89

100

127
128

134
135

;

121
li8
155
171

160
15b

13..

129

11

130
131

12
12
13
13

14
15

131

132
132
133
134
13f'

170
171

15c

177

13^4

135
135
136
13'.-

137
133
139

136

I

/

""^TSt

Treas.
HJ
10
.A2

1970
C.2

h'^kM

U.S.

Treasury Dept.

Treasury Bulletin

"3^ - J tc.^^^