Full text of Treasury Bulletin : November 1949
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LI.
RAR Y
LFBRARY
ROOM 5030
JUN
9
I
1972
TREASURY DEPARTMENT
MEAmMY:
EmiLiETm
NOVEMBER -1949
UNITED STRTES TRERSURV DEPRRTMENT
OFFICE DF THE
SECRETBRV
Nowmbcr I<H9
Table of Contents
Page
A-1
Treasury financing operations
Summary of Federal fiscal operations
1
Budget receipts and expenditures
2
Trust accounts, etc
8
Treasury cash Income and outgo
12
General Fund of the Treasury
15
Debt outstanding
l6
Statutory debt limitation
20
Debt operations
21
United States savings bonds
26
Treasury savings notes
29
Ownership of Federal securities
30
Treasury survey of ownership of Federal securities
32
Market quotations
3"
Yields of Treasury and corporate bonds
39
Internal revenue collections
'*•!
Monetary statistics
^5
Exchange Stabilization Fund
'•9
Capital movements
5^
Corporations and certain other business-type activities
loans and balance sheets
-
Cumulative table of contents
Note:
In those tables where figures have been rounded to a
specified unit, all calculations (including percent-
Conseages) have been made from unrounded figures.
quently the details may not add to the totals shown.
65
70
\c>Vi'mbcr J''4V
A-i
Treasury Financing Operations
Treasury Bills Refunded
Treasury bills maturing in October were refunded In the full
amount of $3.6 billion.
Eaoh Issue amounted to $900 million.
The
average rates of discount on the four weekly Issues, beginning with
that dated October
6,
were,
in sequenoe,
1.059 peroent,
1
.
0'4-9
peroent,
1.027 peroent, and I.036 percent.
Rotet
Cetallfl of Treasury aarket financing oparetlona ar« shown In the tables
on "Offerings" and "Dlepoeltlon", respectlTely, of marketable issues of
bonds, notes, and certificates of IndebtednesB, and in the table "Offerings of
Treaaury Bills", In this issue of the "Treasury Bulletin".
.
..
,.
Sowmbcr i'H9
SUMMARY OF FEDERAL FISCAL OPERATIONS
(In million* of dollnn)
B^jd^vt r*o*lpt« and •xp«ndltur*a X/
r»c*lpt«
Exp*ndltur*«
i/
Surplui,
or
deficit
Ret
trajuftctiooa
of Forvlfln
KoonoKlc
Coop«r«tloo
Trust fxiDd
y
(-)
Surplus, or
deficit (•)
djuated
fox
F.I.C.
TVMSt Fund
Other trust
accounts,
etc. • oet
r«o«lpts,
or expend
ItUTM
•t
locr«aa«
CXesrlne
sceount
6/
(-)
dacrvaaa
Incraaa*
In C«a*ral
rund t»lane«, or
d*or««a»
(-)
(-)
Id
putlle
d«bt, or
l«T*U, tnd of parlod
^•iMral
fund
Public
dabt
1/
yuenl 7»«r»i
k,9T9
1937
1938
1939
5,8W
5,103
?,2«5
I9M
19kl
7,?27
12,696
22,202
19''2
19*3
m*
•'3,892
W.,762
kO,(»7
19*5
7,756
6,979
8,966
9,183
-2,777
-1,177
-3,862
-3,918
-2,777
-1,177
-3,862
-3,918
13,387
3'', 187
79.622
95,315
-6,159
-21,*90
-57,*20
-51,*23
-6,159
-21,*90
-57,*20
-51,*23
-53,9*1
-20,676
75*
5,*19
1,189
-53,9*1
-20,676
75*
8,kl9
19*7
19k8
38,2l'6
38,000
*3,500
-5,500
-5,500
-11,762
-*l,*6l
-55,691
-53,650
-U,762
-*l,*6l
-55,691
-53,650
*80
-1,788
-266
-1,161
-*3,59*
-2,512
2,*3*
5,2*1
-123
-1,386
-350
-229
706
19^
(K<tlnnt«l)
-1,8U
36,*85
37,165
*0,kkO
*2,968
5,99*
23,*6l
6*, 27*
6*, 307
7*2
358
6,515
10,662
2,633
2,991
9.507
20,169
*8,961
72,*28
136,696
201,003
57,679
10,7*0
*,529
21., 698
-10,li60
Ik, 238
-5,99*
*78
-10,930
1,62U
-1,*62
3,308
k,932
3,*70
258,682
269, k88
258,286
252,292
252,770
12,913
50,232
57,707
6*, 753
1,632
6,983
1,751
9,9*2
3,560
10,5*3
li,29*
22,236
57,938
108,170
165,977
830,630
362
-2*0
199
*7,*8k
-18,966
-2,2*9
-*,100
3,767
-22,502
-*05
1,111
26,003
3,508
3,097
*,808
259,1*9
856,900
858,800
-56
102
39
628
1,6*2
-2,29*
1,210
2,*22
-22*
6,909
859,776
261, klS
259.12*
-1,*23
6*2
-57
-2,598
-2*5
-758
*,312
*,066
3,308
257,701
258.3*3
258,286
3,069
3.*00
3,958
259. **9
-1,613
-338
-2,222
191'9
3,000
-3,000
2,553
2,216
2,838
1,891
1.1.3
98,703
60,703
39,289
36,791
37,057
k2,211
-128
-339
628
-9*7
908
kO,01i3
19W
2,6k6
7*0
3,275
2,529
3
99
1,210
791
-52k
-1,103
-29*
-*95
555
-507
366
-U,136
Cal«ndT 7»r»:
19''1
8,l'67
19*2
16,290
20,229
57,751
19''3
19k''
3k, Wj
90,17''
k3,531
97,181
1.3,928
87,522
I9W
38,810
U,322
19''7
'•1,010
19k8
111,1.50
38,576
37,565
-*3,59*
-2,512
2,*3k
3,885
3,019
3,731
3,239
1.61.
1.6*
-69
215
2,102
2,102
-72
-1,**5
-987
-67
202
62
-637
67
37
19''?
1,356
278,U5
MOPthB!
19*7-J»nuBi7....
Februaiy
March
.
.
3,725
"•,196
5,3''2
706
1,962
2,297
U,989
3,1*7
'',996
-1,**5
-987
-67
Julj
AugMSt
2,281
1,612
-1,272
-52*
1,9*0
-1,272
-52*
1,9*0
17
379
-31*
-1*6
-173
-121
1,161
6*9
SaptflBber..
3,553
2,962
2,673
-953
-239
332
552
October. ...
Roreaber.
Deceab«r .
2,339
2,692
2,391.
'',197
3,176
-55
5*9
1,022
-55
5*9
1,022
69
265
-k68
21*
-127
-80
-7*
-859
-1,312
155
-172
-838
k,l07
3,935
3,097
259,071
258,212
256,900
1,396
1,93*
259
-19k
-86
222
-101
-53
-326
-1,969
-1,615
1,551
-330
1,035
*,6*8
*,3l8
256,57k
25* ,605
2,788
5,353
2V,990
-302
86
226
-1**
-226
-750
56
-7*1
33*
-1*
*,6l2
*,9k6
*,932
252,2*0
252,236
258,292
TOO
-289
1,082
-32*
-362
1*1
-2*1
751
5,07*
*,9}8
5,583
253,37k
853,0*9
858,687
-287
*6
29k
-781
-*17
-177
*,8oe
*,395
*,808
85e,k60
858,506
858,900
-179
101
-1,080
*51
631
*76
k,659
5,291
5,7*7
852,680
252,721
851,6k8
2,1.38
.
IjliS-jumUT
3,281.
2,11.3
2,800
2,221.
5,871.
3,086
1,396
1,93*
2,788
April
Mnj
Juna
2,239
2,321
2,5*1
2,2S2
7,018
-302
103
-2,159
3,000
8*1
July
Auguat
Saptaabar..
2,096
2,505
3,558
2,1*3
2,869
-l,k62
362
1,67k
-183
-192
-196
-1,6*5
169
1,*77
Oc lobar
Horanbar..
Dacaabar.
2,101
2,5M)
2,685
2,815
3,603
-58*
-275
klO
-226
-3k7
-k99
-810
IE
92
317
-219
17k
-158
2,968
2,6*<
3,681
611
736
1,81*
-237
-326
-8k
172
-315
3*0
-51
-30
37*
k09
1,783
-k03
-282
-77
-1,811
-1,159
111
-62
291
-511
213
-32*
-173
-in
359
881
-1,771
-833
308
3,995
3,163
3,*70
252,770
-l,k88
•1,106
837
30
3k5
•ko*
218
1,107
1,975
828
-133
1,081
1,281
3,337
*,*18
5,699
853,877
255,858
256,690
.
">,859
19k9.Januar7....
7abruar7 ,
March
,
'',5*3
".,01k
3,579
3,381
5, ''35
A|rll
M»7
J<ma
k,767
2,7*8
2,822
*,579
-1,*08
-877
lee
juir
Auguat
Saptaabar.
1,9*6
2,*79
k,832
3,*3k
3,595
3,995
-l,k88
-1,106
937
1,3''0
1,9''5
103
Actu&l fi^jres Trcm Dallj Treasury Stat—nt; estlJMtes froa
the *H«Tlev of the 19>3 Budget' releued Roreaber 1, 19^9Both receipts and expenditures exclude (l) refunds of receipts and
(2) pajaents to ths Treasury, prlnclpallj tj vboU/ owned GcrrsmMnt
oorporations, for rstlTsaant of oapltsJ, stock and for disposition of
Source:
earning.
^
260,097
259,1*5
l',196
.
.
^
3
•,158
f etrunr7
Mur^h
S/
7,13*
April
H«j
Juno
.
^
*,7U
Oross receipts less appropriations to Federal Old-A^e and Survivors
Insurance Trust F'jnd and refwids of receipts (see "Bud^t Receipt*
aal Expenditures', Table 1).
Xxcludee refunds of receipts, forvsrlj shown as expenditures but nov
shovn as deductlone froai receipts (see "Budget Rscslpts and Ixpendlturee". Table 1). Flguree for the fiscal year 19^ Include $3,000
alllloo transfer In Jww to Foreign IcoocaJc Cooperation Trust Fund;
flffuree for fiscal jear 19^^ exclude expenditures froa this f\aid.
Istabllshed lo accordanoe vlth the Eeonoalc Cooperation Act of 19^8;
378
-685
1.
202
-37k
9
-163
97
-133
20
-3
posltlTs flguree Indicate net receipt* and na^atlTe fl^uree Indicate net expendl turee.
Consists of: all trust aeco\sits cthsr than Forsl^ Kconoalc Co*
operation Trust Fund; s&lss and rvdaaptlons of sscurltlss of
SoTsmasnt corporations, stc
In ths aarket (net); loorsasnt on
gold; sslflolors^e on silver; and alaoellaneous funds and acco\ats.
national
bank notes chargsabls
Figures exclude retlraasnt of
a«alnst Increaent en gold (fiscal Tsara 193'^-39)Clearing account for outstanding checks and telegraphic reports
froa Federal Beserre Banks; sxcess of receipts, or expsndltures (•).
for data on guaranteed securUles and total Federal securities cutstanding, see 'Debt Outstanding*, Table 1, Is the c-jrren t Issue of
the "Treasury BuUstin*; for earlier data, see Issue of Julj I9^t
page 1
Rot available.
.
,
Treasury Bulletin
BUDGET RECEIPTS AND EXPENDITURES
Table 1.- Receipts by Principal Sources
(In nllllons of doll&re)
Deductions
Internal rerenue i/
Income and profite taxes
Fiscal year
or month
Miscellaneous
Internal
revenue
Qi^loymont
Withhold
taxes
Other
2/
by
employere
Other
receipts
Total
internal
rerenue
Gross
receipts
V
1/
1,3'>0
1,91*5
1*,767
1,91*6
1.7,750
1*35
3,1*92
1.1*,
238
2,02l»
8,01»9
39,379
1*91*
l',635
1*1*,
508
1,1*59
2,381
8,301
8,3U8
1*1,853
1*0,307
1*22
3,821*
1*6,099
381*
2,082
1*2,7711
638
3,1*53
6511
3,783
5,988
30
29
192
123
111
19,292
19,735
19,6Ul
29,306
31,171
29,U82
2,1177
609
1,276
757
2,152
1,U1U
Ii,3lt2
2,762
2,690
5,100
U38
168
562
1,119
7U7
1,308
81
6ll!t
U21»
1,5'''>
ItlO
67I1
3,ll'5
3,819
137
656
70U
55l»
655
U07
3,237
1,209
1,568
3,893
65
653
298
6,669
613
It,
391
891
UlU
155
3,1*9'*
21, '•93
2,371
5,1*35
75
355
7,725
1*3,902
li0,310
10,013
Fiscal year 1950
to date
3,579
3,381
6,9l>9
1,130
1,292
1,310
1,238
I9W
1,161
657
58
273
672
1,739
1,780
1,701
1*5,1*1*1
WltT
Julj
August. .
Soptomlwr
38
280
26
23,1*02
3,325
35,173
30,885
April
Mo;
Juno
3,675
3,935
6,133
931*
1*31
2U,881i
9,8U2
'U),0l*3
1,616
1,690
3,006
2,272
2,838
13,677
321*
ui.ess
8,393
10,289
9,392
11,1136
'•3,892
Ul*,762
295
22,llll»
5,291
3't,655
7,960
Februaiy.
March
1/
12,696
22,202
12,993
1»,553
7,960
16,09U
26,262
19U9-Januflry.
Not
recelpto
1/
85
70
3,81*7
l,l»98
le.ogit
19>>lt
19''9
of
receipts
257
1,679
2,973
1,1S6
191'3
WW
Befunde
H
19U8
IS"*?
Appropr 1 ft t lona
to Federal
01d-A«e and
SurvlTors
Insurance
Trust Fund
720
389
31*
2,033
2,609
U,66o
29
28
28
2UU
21*0
2,306
2,751
U,928
25
32
110
165
101
2,061
2,917
U,885
58
381
7
57
57
TlU
1,927
2,720
•,751
2,116
9,398
376
9,863
UI15
160
7li9
111*
33
6
1*5
1*0,027
1*2,211
38,2ll6
2,1*79
l*,832
9,258
Source; Daily Treaoury StatoBwnt.
Footnotoe at end of Table 5-
Table 2.- Expenditures by Major Classifications
(In mllllona of dollars)
Fiscal year
or month
National
defenae
International
finance
and aid 8/
28,266
75,297
89,720
90,501
191*2
191*3
191*1*
I9U5
the
puhlic
debt
'•,253
727
l.,72S
1*,958
7,259
11,361*
7,11*3
3,011
5,211
5,339
6,1169
11,809
191*9
1,0U3
930
1,109
200
276
505
319
March
April
May
June
1,01*3
950
1,159
125
272
July
August.
September
.
.
S/8/lo/
928
1*8,870
16,766
.
£/
556
602
730
2,060
191*7
191*8
.
Total
expenditures
1,260
1,808
2,609
3,617
191*6
I9U9- January
February..
Veterana'
Administration
987
I*,
521*
1*78
1,131*
1.21
985
1*55
Fiscal year 1950
to date
Source: Dally Treaeury Stateonont.
Footnotes at end of Table 5.
3,106
1,355
6,878
528
11.1
51*7
589
61*0
178
125
1,570
51*8
61I*
322
125
5W.
U9I*
991
525
528
859
1,875
Expenditures
of Foreign
Economic
Cooperation
Trust Fund
2,256
2,525
2,133
187
79,622
95,315
98,703
60,703
5,378
6,603
10,019
39,289
36,791
37,057
-3,000
3,000
878
751
778
2,968
237
2,61.6
326
30
11,105
1,911*
F. E. 0.
Trust Fund
3l*,l87
31*,
3,621
Total
expenditures
adjusted for
79,622
95,315
98,703
60,703
39,289
33,791
1*0,057
3,205
2,972
3,651
851*
2,71.8
1*03
861
801
2,822
282
77
1,153
1,382
1,152
3,1.31.
3,1.31*
3,585
3,995
3,585
3,995
3,688
li,579
U,011.
3,151
3,10U
1*,656
ll.OlU
. ..
a
.
Sowmbcr J'H9
BUDGET RECEIPTS AND EXPENDITURES
Table 3.- Expenditures for National Defense and Related Activities
doLUn)
(In BlUlana of
Flao&l y*r
or Bonth
D^pulamt
Dapar^ant
of th«
Air Fore©
of th«
IS/
12/
I9k?
19*3
Depu-tBMOt
of the
Paja*Dt«
undsr Ai
ToTVmm
Aot
—
Uw*
iS7
tTnltwl
Mu-ltlas
Co^ilasloD
19*5
19*6
19*7
19*8
19*9
1,690
6,911
6,0*6
5,*17
*,998
k,171
*,*12
March
1*7
136
1«5
50*
*17
589
376
356
395
8
10
10
April
H«7
June
I6«
178
188
509
381
53*
355
380
*1*
15?
205
279
*63
356
*00
35*
639
1,310
.
Jttlj
August.
ri«e«l
lat*
.
TMT
515
332
PooflBCtruo-
tlon
OtjMr
Flmao*
Total
Corporvtlon
nL
8,580
20,888
26,538
30,0*7
15,161
19*9-JanvlAT7.
dUpoaal
u/
1*,070
k2,265
k9,2*2
50,337
27,800
19'>*
Burplua
pTop«rtj
StaUa
8,*38
6,180
7,**7
6,305
*,117
138
919
Ifi.Ki
8
21
U,)6k
U,809
2
8
8
1,0*3
9J0
1,109
5
3
9
1*
8
1,0*3
950
1,159
66*
106
271
277
136
1,501
268
85
**8
385
1,986
270
10
28,266
75,897
89,780
90,501
*8,870
8,855
3.189
8,688
*78
388
989
2,T?6
3,812
3,887
69*
U*
98
2-
1990 to
U
8
1
10
987
13
3,106
u
Souroo. (S«a«
TaUa 2).
Footnotoa at and of Table 5>
Table 4.- Expenditures for International Finance and Aid
(In Hllllona of dollsra)
Fiscal 7ear
or aoDth
BrvttoD
Wood*
A«ro«-
inta
Aot
Kiportlaport
Bank
u/
Credit
to
united
XlnsdCK
SreekTurklsh
aeelatance
Relief
In war
derastated
countries
GoTemBsnt and
relief
In oc-
cupied
Economic
Cooperation Act
Foreign
Aid
Act of
19*7
China
Aid
Act of
19*8
Other
Total
Ixpendlturv*
of forelgB
lOOOOHlC
Coopvratioct
21/
Trvat Punl
u/
8/
Total expend Ittffea
adj\ated
for FJt.C.
Trnat fiad
22/
19*6.
19*7.
19*8.
19*9.
159
,*26
568
938
*65
2,050
1,700
51*
881
1,389
3.13*
1,0*3
*98
75
-60
161
879
-35
8
19
30
26
17
57
169
78
April
6
HV
6
8
30
*0
13
66
1*2
76
1
19*9- January .
Fetruaz7..
.
Iterch
JUXM
JAr
August.
Saptaaber.
.
Source
( Saae
aa Tatile 2 )
Footnotea at ood of Tahls 5*
:
296
33
39
1*1
*5
378
8
21
15
7
5
7
69
18
a
*07
7
13
-83
33
i
16
11^
35*
319
31*
-13
59
313
987
113
6
.
Fiscal Fsar 1950
to data
878
10
1*
1
1
8
787
*,928
787
*,988
7,1*3
-3, TOO
*,1*3
3,0U
3,000
6,0U
800
876
505
237
326
30
*38
608
536
123
8T8
je*
*03
268
77
588
99*
601
*78
*81
*9J
*78
*81
*99
1,399
1,355
Treasury Bulletin
BUDGET RECEIPTS AND EXPENDITURES.
Table 5,- "Other" Expenditures
(In nlllloiiB of dollars)
Fiscal year
or month
Aid to
agriculture
22/
Social
security
program
Public
works
22/
WliS
656
732
798
807
Hoiislng
and heme
finance
22/
-201
.35U
-360
-307
Direct
and vork
relief
26/
Atomic
Energy
MlBcellaneoue
CoaBBlaalon
21/
I9I16
-203
81t5
19l»7
1,226
782
2,661
1,066
1,619
1,696
690
1,126
1,520
269
137
261
155
IU2
57
lOli
2
February.
March
93
-7
53
333
107
-3
65
290
April
May
June
189
U38
161
133
-U
383
-18
2
U9
•5
56
lOU
113
153
61t
5't7
IW
327
U95
157
62
162
176
766
U8I*
igw
19l>5
WliS
w^g
191+9- January. ..
July
August.
September.
.
.
.
Fiscal year 1950 to date.
lltS
Source
Saae ae Table 2 )
For further detail^ see tables under "Internal Bevenue Collectlona"
i^ Receipts of Victory taxes vlthheld pursuant to the Revenue Act of 19^*2
are classified as "Other" Income and profits taiee
ConalstB of receipts for old-age Insurance, unemployment Insurance,
and railroad retirement; for details see Tables 7 and 8 in this
section. Excludes railroad unemployment Insurance contributions, »rtilch
are Included In "Other receipts".
Includes proceeds from sale of surplus property and frcm Governmentowned eecurltles; also deposits resiiltlng from renegotiation of war
contracts (see "Treasury Bulletin" for February 19^*8, page 5).
Both budget receipts and budget expenditures exclude payments to the
Treasury, principally by wholly owned Government corporations, for
retirement of capital stock and for disposition of earnings (see
"Treaaury Bulletin" for February 191*9, page A-2).
6/ Represents appropriations equal to "Social security -- employment
taxes" collected and deposited as provided under Sec. 201 (a) of
the Social Security Act Amendments of 1939. See also Table 7 In
this section.
Excludes Interest on refunds.
i^ Figures for fiscal year 19^8 Include $3,000 million transfer to Foreign
Economic Cooperation Trust Fund; figures for fiscal year 19^9 exclude
expenditures frcm this fund.
Includes public works undertaken by the Veterans' Administration.
10/ In addition to the exclusion of certain payments to the Treasury as
Indicated In footnote ^, total expenditures shown here exclude refunds
of receipts, which were formerly shown as a classification of expenditures but *^lch are now shown as a deduction from receipts (see Table 1
In this section).
Interest on refunds, fonnerly Included with refxinds,
is still carried ae an expenditure but Is shown under "Other" expenditures. Budget expenditures also exclude amounts for public debt retirement which are chargeable to the sinking fund, etc., under special
provisions of law, and Include transfers to trust accounts and net
expenditures of wholly owned Government corporations, etc., except payments to the Troasxiry mentioned above.
Established, In accordance with the Economic Cooperation Act of 19'*-8.
Negative figures indicate receipts.
12/ See footnote I3/
Department of the Army expenditures. Including expenditures on behalf of
the Department of the Air Force irtilch btb made out of approprlatlona to
the DepartZQent of the Army, but excluding expenditures for the following:
payments under the Armed Forces Leave Act, UNFBA, and surplus property
disposal, shown separately In Table 3j International finance and aid,
shown In Table k; river and harbor work and flood control. Included In
Table 5 under "Public works"; and Panama Canal. War expenditures of the
Panama Canal, all prior to July 1, 19'*7, are Included in Table 3 under
"Other"; other expenditures of the Panama Canal are Included In Table 5
under "Miscellaneous".
li/ Department of the Navy expenditures except those for payments under the
Armed Forces Leave Act, UNFRA, and surplus property disposal, shown
separately In Table 3, and those for International finance and aid, shown
In Table U.
:
(
-2lt6
129
-68
-56
1^/
16/
17/
y
16/
12/
go./
21/
22/
23/
2U/
.
2g/
26/
gj/
•
U,105
622
118
679
970
299
17
673
535
U25
313
359
1,385
585
696
969
19'>i
1,911*
1,378
2,256
2,525
2,133
6U7
2,108
2,689
3,550
5,378
6,603
10,019
50
298
878
751
778
7'i2
159
".56
85U
861
801
Ul.
lUo
386
-12
-11
-u
50
36
Ul
712
383
1,153
1,382
1,152
-28
127
1,1'53
3,688
358
Excludes expenditures for URRRA and surplus property disposal, shown
separately in Table 3.
Beginning March 19^8, Incliides reimbursement for expenditures by the
Departments of the Army and the Navy for care and handling of Bvrpliis property overseas
After July 1, 19^*7, expenditures for national defense and related
activities were not segregated frcan the other expenditures of the
Corporation and its affiliates, ^Ich are included In Table ^ ujider
"Miscellaneous"
For content before July 191*8 see "Treasury Bulletin" for February
I9UB, page 7, and September 19'*8, page U.
Beginning July I9U8 consists of expenditures of the Selective Service System and the Office
of the Secretary of Defense. The latter includes retired pay for
the military services beginning September 19'*9.
Excludes expenditures made through the Bank under Economic Cooperation Act of I9U8.
Beginning June 19^9, includes agrlciiltural ccnmodltles and raw
materials for occupied areas.
Consists principally of expenditures by the State Department for the
International Children's Emergency Fund and for the loan for construction and fiUTnlshing of United Nations headquarters.
Department of Agrlcxilture expendltxires except those for UKRRA,
surplus property disposal, and other national defense and related
activities prior to July 19^7; international finance and aid; and
forest roads and trails^ Included In Table 5 under "Public works"
In this section.
For more detail of these expenditures, see Tables 7, 8, and 9 in
this section.
Consists of expenditures by Bureau of Public Roads, except those for
assistance to Greece and Turkey; Bureau of Public Buildings; and
Bureau of Coonunity Facilities (these three organltationa having
been part of the Federal Works Agency until it was abolished by
Public Law 162, approved June 30, I9U9); Bureau of Reclamation;
Tennessee Valley Authority; river and harbor work and flood control
under the Department of the Army; and forest roads and trails under
the Department of Agriculture.
Prior to July 19^9, Included all
other Federal Works Agency expenditures except those for sxarpli^e
property disposal, and those for other national defense and related
activities prior to July 19'*7.
Housing and Home Finance Agency expenditures except those for surplus property disposal, and thoee for other national defense and
related activities prior to July 19^7.
For addiNot classified separately for fiscal years after 191*5
tional Information, see "Treasury Bulletin" for August 19't5,
page 6.
Includes expenditures for executive departments not included elsewhere (including interest on refunds of receipts) and for legislative and Judicial functions; Government contributions to Government employees* retirement; aids to education, labor, finance,
ocaBmerce, and Industry; Civil Aeronautics; Panama Canal, except
war expenditures; Post Office deficiency; and stock-piling,
Less than $500,000.
•
Sovrmbrr
/''4'>
BUDGET RECEIPTS AND EXPENDITURES
Table 6.- Summary by Months and Calendar Years
(In >lllla» of
Culaodu'
r*w
Jan.
Apr.
r«t.
Mw
Hat
19*0.
19<'l.
\9>>2.
19l'3.
309
33*
571
*39
*U
296
383
791
1,557
3,538
5,202
6,532
6,661
686
1,508
3,0*7
2,786
jjlf
2,895
2,900
599
1,270
2,*69
*,567
6,182
5,7oe
3*5
*07
739
2,001
2,078
2,k35
**0
390
581
2,71*
2,*32
2,656
2,2*3
2,297
2,32*
1,9*5
3,963
*,929
*,859
*,767
2,182
2,281
2,096
1,9*6
2,2*6
2,k38
2,505
2,*79
393
386
556
1,*72
19**.
19*5.
2,7*0
3.*59
19*«.
19*7.
19*6.
19*9.
3,770
3,725
*,196
3,579
3,58*
*,196
U,158
3,381
5,501
5,3*8
5,87*
5,*35
2,159
1,962
2,239
1,3*0
19*0.
19*1.
19*2.
19*3.
19**.
19*5.
677
62*
1,076
2,652
6,358
8,012
7,127
798
i,*a2
3,515
7,7*6
10,U12
9,03*
710
1,*0*
3,939
7,300
7,337
7,758
605
1,352
*,*00
7,*75
6,879
8,927
3,3*0
3,73X
2,22*
3,598
3,239
3,086
3,621
3,750
3,*07
2,5*1
8,7*8
3,37*
3,28*
2,222
2,822
Budsat axpanilttova g/
19*6.
19*7.
19*8.
19*9.
6,728
7,737
3,1*2
*,8U
3.019
2,800
2,968
2,6li6
Avig.
Sept.
D*e.
Oot.
bud^t racalpta X/
751
9*9
2,k9*
3,613
783
doU>n)
Jww
88*
1,128
2,5U
5,**1
5,803
*,875
*,3e6
*,6l2
*,5*3
*,832
327
*37
599
2,02*
1,900
2,*53
356
558
59*
2,093
2,105
2,32S
73*
1,205
2,695
5,730
5,32*
*,067
5,71?
8,*67
16,290
3*,*83
*3,531
2,**0
2,339
2,101
2,268
2,692
2,5*0
*,050
*,197
*,01*
38,810
*1,010
*1,*50
••3,928
Treasury Bulletin
BUDGET RECEIPTS AND EXPENDITURES
Table 7.- Social Security Act
-
Budget Receipts and Expenditures
(In mllllonfl of dollara)
Flecal year
or month
. ..
.
8
..
\o\vmbcr J'HM
BUDGET RECEIPTS AND EXPENDITURES
Railroad Retirement Act
Table 8.
Budget Receipts and Expenditures
-
(In alllloM of doll&ra)
IzpmidtturM
Reoalpt*
Kxo«aa of oat
r«c»lpt«, or
•xpsndltur** (•)
flaoal 7»
or aonth
on
Tftjwa
and their
•9lojr«««
Deduotlont
Pafunda of taxaa
on carrlsra and
thalr ao^loj***
Tranafar* to
RalLroad D*tlraant Acoouit
(tnat accoiBt)
Ret
r«c«lpt«
2/
19^2
?1.6
19''3
-U.k
19>>>>
i.e
ITO.O
208.8
267.0
28* .8
281.7
l*8.k
220.3
265.2
29* .5
7.6
5.*
2.5
2.3
2.6
1*0.9
21*.
262.7
l?li<
-12.8
170.0
208.8
267.1
285.0
282.6
19*7
19*8
19*9
77.3
-ao6.?
-1J.5
380.1
557.1
?63.8
380.0
557.0
563.*
302.8
763.5
578.9
*.3
5.0
*.*
-71.2
5.0
132.3
1.2
5.6
132.8
1.2
5.3
132.7
72.*
.*
rahniary.
March
.k
.*
.5
.5
April
Ma/
J\ma
-71.1
6.7
119.3
2.*
6.9
129-3
2.*
6.9
129.3
73.5
.2
.5
.2
10.1
.1
9.9
-383.9
-13.5
136.0
2.7
9.7
136.0
2.6
9.7
136,0
386.5
23.1
.5
386.0
23.0
19*5
19Jt9- Januar^r
.
.
July
Auguat .
Saptaaber.
.
Sourca:
^
2/
.
Dallj Traaaurjr StataoBant.
Excaas of expandlturee la cororad by approprlatlona bj Coaffnee
Tax rafunda daductad froai racalpta axcluda Intaraat on rafunda,
vhlch la Includad undar "Adminlatratlra expanaea"
Table 9.- Railroad Uneoployment Insurance
^
•
3U.I
308.6
291.9
298.5
758.5
57*.}
73.0
.1
Conalete of ezpandlturaa frcn approprlatlona aada apaclflcaUy for
admlnlfltratlTe axpanaae ralatlog to tha Railroad Patlramect Act,
and Intaraat on rafunda of t&laa (aaa footziota 2).
Laaa than $50,000.
Act^- Budget Receipts
and Expenditures
(In mllllona of dollara)
Ezpandlturaa
Pacalpta
Ezceaa of
racalpta, or
axpandlturaa (-)
riacal yaar
or Month
2/
2.1
2.1
-2.7
19*2
19*3
19**
19*5
19*6
.6
-.2
19*7
19*3
19*9
.5
-.6
-5.1
Fatruarr.
torch....
2.2
-.5
1.9
April
Maj
-.*
-.7
Jtata
1.7
19l>9-Januar7..
-*.2
-.7
1.9
Jal7
At^uat . .
Saptaabar
Sourca:
^
Sj
^
Ballroad
unamplojnant
Inauranca
contrlbutiona
,
^
3.2
1*.9
12.6
13.1
1*.2
1*.5
9.7
13.7
15.1
1*.8
5.9
2.6
.3
.3
.5
.6
.5
.6
.!>
.k
.7
.7
2.5
2.3
2.*
Tranaf ara to Railroad
UoaaploTaant Inaurajwa
Account, Unavplojaant
Truat r«aA 2/
3.9
6.0
6.1.
8.5
10.3
12.1
13.2
12.9
Daily Traaaury Stataaant.
Oparatad aa Railroad Unaaiplo an t Inauranca AdAlniaOmtlon Ftnd
Excaaa of axpandlturaa li corarad by approprlatlona hj Congraaa.
Rapraaanta 101 of contrlbutlooa undar th« Ballroad Unal^loTBant
Inauranca Act: tha ranalnlng 9011 la depoaltad In tha Railroad
(Saa
Unaaployaant Inauranca Account, UhaoploTaant Truat Fund.
'Truat Accounta etc.", Tabla 7).
y
AdalnlatratlTa axpanaaa (Railroad
Uhaaplojaant
Inauranca AdAiniatration Fund) k/
U.7
8.9
9.6
.6
.6
*.2
.2
.8
.5
.8
•
9.2
9.7
9.0
3.9
5
Cooalata of axpandltoraa fraa approprlatlona aada apaclftcaUj for
adalnlatratlra axpanaaa ralatlne to tha Railroad DbaiQilaTaant Inauranca
Act.
Rapraaanta aicaaa funda of tha Railroad Ona^lOTaant Inauraaea Adalnlatratlon Fuml (unlar Act of Oct. 13, 19*0).
Uaa than t^.OOO.
Treasury Bulletin
TRUST ACCOUNTS, ETC.
Table 1.- Summary of Receipts and Expenditures of All Trust Accounts, Etc.
(In mllllonB of dollars)
Net receipts,
or expenditures
Fiscal year
or month
(-1
19U2
WliS
Eiponditurcs 1/
Eecolpts
1/
Investments
Other
Total
1,925
3,00U
U,129
5,200
3,668
2,905
1,287
3,178
U,830
1,09''
6,291.
'',568
8,236
3,362
3,060
2,311
3,985
3,750
6,898
6,810
9,209
579
662
1H8
560
698
518
w*?
-1,613
-338
-2,222
791
19''6
-52''
WliT
-1,103
2,706
6,2'Ji
igitS
19''9
-3, 1*95
5,71't
19U9-january.,.
February.
March
-321
238
-3U5
173
-20
35
100
April
May
June
-U65
9
-588
885
713
773
56
778
6U7
750
703
58U
1,362
July
August.,.,
September.
30
588
1,032
550
223
-ItOl'
335
376
378
19''''
3,218
3,95>'
5,085
7,086
7,712
9,515
3lv5
li,292
7,307
7,3''7
-83
576
Source: Dally Treasury Statement,
1/ Receipts inol\«le transfer of $3,000 million In June 19l'8, froia Oeneral
Fund to Foreign Economic Cooperation Trust Fund, established In accord-
w
687
95't
ance vlth the Sconcmlo Cooperation Act of 19''8{ expendlturoB for
fiscal year 19''9 Include expenditures from this fund.
Table 2.- Receipts by Principal Accounts
(In millions of dollars)
Federal Old-Age
and Survivors
Insurance Trust
Fund
Fiscal year
or month
19''2
3,218
19''3
Wltli
3,95''
967
i,ai8
1,395
Kallroad
Retirement
Account
ll'l'
221
273
19U6
5,085
7,086
7,712
19'»7
6,21'!'
WliB
9,515
1,623
1,807
19''9
5,71''
1,92''
797
625
19''5
19''9- January
1,''3''
32''
1,386
312
323
Govemment
Govemment
Life Insurance
Fund
Life
Insurance
Fund
employees
retirement
funds 1/
l,Zkh
1,399
1,567
1,508
1,280
U6
316
905
2,127
2,351
92
90
9U
97
103
1,289
1,313
1,173
1,501'
13''
578
792
7I'0
90
92
59''
'1,17''
680
529
29
28
31
''7
26
29
156
29
Unemployment
Trust Fund
Ifatloaal Servloe
690
238
38
72
29
February..
March
280
37
«
1''9
37
35
173
1
20
3''
U
April
May
June
285
713
773
75
391
113
7''
33
1
57
200
99
588
1,032
550
61
381
18
386
It2
23
23''
,
,
July
August. . .
September.
(Some as Table 1),
Source:
1/ Consists of Civil Service and Foreign Service retirement funds. The
Civil Service fund Includes the former Alaska Railroad and Canal Zone
retirement funds, beginning September 19''9, these two funds having
been abolished and their assets transferred In accordance vlth provisions of the Act of July 21, 19l*9,
18
2/
•
It
28
58
h
21*7
1.9
32
35
h
3
k
Miscellaneous
2/
222
50l»
37''
337
351
1,038
1,666
501
557
6lU
28
332
29
Includes Adjusted Service Certificate Fund, Foreign Economic Cooperation Trust Fund, District of Columbia, Indian tribal funds.
Insular possessions, Increment resulting from reduction In the
weight of the gold dollar, and seigniorage on silver,
Less than $500,000.
30
h3
k6
53
35
21)
35
...
Nowmbvr l'H9
TRUST ACCOUNTS, ETC..
Table 3.- InvestmentB by Principal Accounts
lllloM
(In
of dollars; D»g>tlT> flgur^t %rm txjrn** of r»A<Mptloia)
r*4»r«l 011-A«*
uid Surrlror*
Inaunjic* Tru«t
71ioaI j*ar
or Booth
rand
Ratlraal
R>tlna>nt
Account
IhM^lo/Bant
Trust fund
19^2
19*3
19W'
19*5
19*6
1,925
3,00*
*,1S9
5.200
3.668
821
1,035
1,172
1,137
1,002
1*0
182
156
866
1.228
1.503
1,*37
102
19*7
19*8
19*9
^•&
3.060
2.311
1,19*
1.19*
1.29*
1*8
569
3*6
Numb
-ao
35
100
260
*8
-23
-83
April
-83
-20
H«jr
Jun*
56
7T8
*35
32
Juij
Auguat .
Scptoaber.
223
311
576
-57
361
-1
-2*
19*9~Jcnunr7 .
.
r«bmar7
.
,
Source:
X/
.
18
86
(San* aa Table 1).
See Table 2, footnote 1.
r«tlrM*Dt
funda 1/
^\
1,97*
2.053
73
*7
**3
U>6
-160
1.23*
*6l
60
-90
-1*9
5
15
5
-121
*2
-7*
5
30
215
-105
5
*7
-1*0
•
OorartBVDt
tmplojmmm*
*7
61
60
35
3*
*9
-2*
315
latlooal
Scrrlo*
Llf*
losuimnoo
Fund
353
32
32
U
7
-*
8
8
*0
131
3
-*2
kl8
-2
19
30*
9
Leae than t500,000.
(In Bllllona of dollars; neffatlre figurea are exoeee of credlta)
federal
Old-Age and
SurrlTore
Insurance
Trust Fund
Railroad
Retirenent
Account
UneaplojBent
Trust
fund
National
Serrlce
Life
Insurance
Fund
OoTen«ent
282
363
**7
17
Table 4.- Expenditures Other Than Investments by Principal Accounts
riBcal jear
or Bonth
1*0
aSo
J93
399
309
AdJVMtCd
S«rTlc»
Certificate
-1
•2
•2
Treasury Bulletin
10
.TRUST ACCOUNTS, ETC..
Table 5.- Federal Old-Age an^ Survivors Inaurance Trust Fund^
(In mllllone of dollara)
Expenditures other than InTeaUunte
Peoelpte
Intereet
and
Approprlatlona proflte
on
CongresB Inveet-
Fiscal jeer
or month
ents
Trans
fers
from
General
Fund
Benefit
payments
etc.
1937-191,1
1,130.5
1,292.1
1,309.9
IU3.I
71.0
87.U
103.2
123.9
138.6
137.0
176.8
217.2
266.8
1,386.0
1,623.3
1,807. It
1,923.8
1,238.2
11*7.8
l,l'59.5
1,616 .2
1,690.3
163.5
190.6
230.2
.
38.0
. . .
279.8
37.0
38.0
279.8
25.9
11.1
.1
2,536-2
96«.6
1,217.9
1,395.3
19'*S
19''3
19Wt
W""?
l,'t33.8
I9W
I9U7
191*8
19'»9
I9U9- January
February.
.
March
.
April....,
Maj
June
-
July
August...
Septemlwr.
Inception throu^
September 19^*9
111,
.7
3.3
75.3
75.2
391.1'
5.8
107.1
61.2
380.6
18.2
57.5
380.6
7.2
.1
13,1170.0
1,271.5
Inveetmenta
(-),
In
aesata
2,397.6
3,227.2
l*,268.3
5,1*1*6.1*
239.8
1,178.1
1,167.0
357.9
320.5
37.1*
1*66.1*
I125.6
25.2
559.1
660.5
511.7
607.0
15.6
13.0
13.8
1,028.0
1,157.0
59.2
50.1
51.1
53.8
58.9
5li.a
59.1"
5I1.8
59.7
55.7
60.9
62.0
181. .6
In
dlaburalng
officer's
account
6,613.1*
7,61*1.1.
2,380.6
3,201.6
U,236.8
5,1.08.9
6,51*6.3
7,51*8.7
8,71*2.3
6.2
10.8
5.2
7.0
16.1
32.0
20.1*
21..
21.1*
35.1
1*3.5
1*9.2
7.3
35.0
1*8.8
12.1*
66.9
31*. I*
1,21*8.3
8,798.1*
10,01.6.7
39.7
1,263.3
U,309.9
9,936.8
11,230.7
1.0
1.0
1.0
3.1
2.8
U.U
-16.1
10,705.6
10,930.5
10,908.2
10,555.8
10,555.8
10,815.8
82.2
67.6
221* .9
302.1.
72.3
67.3
1.5
1.5
1.0
3.1
3.1
3.0
16.5
332.0
53.3
10, 921*.
10,795.8
10,795.8
11,230.7
62 .5
66.1.
11,256.7
11,309.9
39I* .5
66.5
66.9
55.9
57.0
57.9
1.2
3.9
.3
.7
1*.3
318.6
11,310.3
ll,6s8.9
11,173.7
11,173.7
1.2
3.3
-1*1*. 2
11,5811.7
11,1*88.7
383
16.6
2,819.1
235.8
11,581*.
11,1*88.7
16.6
62.1.
3,165.7
To
credit
of fund
account
i/
1,01*1.1
3.6
8.0
Unexpended lialance
2,397.6
829.6
l'i9.3
5l'.9
112.9
Net
Increaae ,
or decrease
39.1
26.8
27.5
32.6
26.9
99.5
110.3
51*.
39i.l1
750.
.1*
AaeetB, end of period
Salaries
Pelmhuree- and
expenses.
ment for
Bureau of
adminisOld-Age
trative
and
enenaes
SuTT Ivors
2/
Insurance,
Source : ( Same ae Table 1 )
1/ Includee traneactlone under the predeceeeor Old-Age Beaerre Account.
2/ Under Section 201 (f ) of the Social Security Act Amendments of 1939.
i/ Under proYlslona of the Labor-Federal Security Appropriation Act,
110.8
-22.2
11, 581*.
71..
25.2
12 .1*
60
76.6
72.2
79.1.
79.1.
theee ealarlee are payable directly frcan the Federal Old-Age
and SurrlTors Insurance Trust Fund.
Less than $50,000.
I9I.7,
Table 6.- Railroad Retirement Account
(In millions of dollara)
Recelpta
FlBcal year
or month
Total
1/
1936-191.1
191.5
506.9
iWi.O
220.6
272.6
32U.1
I9I16
312.0
191.2...
191*3
19l*li
191*7
I9I18
322.1*
797.I1
191*9
677.1*
191*9- January...
February
March
April
May
June
.
Appropriationa by
Congrees
Investments
Expenditures
for benefit
paymentB,
etc. 2/
U98.5
8.1*
1.19.9
11*0.8
211i.8
3.1
5.8
9.8
15.2
126.2
130.5
262.7
308.8
292.1
298.2
758.5
626.5
11*1.1.
21*.
38.9
50.9
.1*
.1*
.It
.5
.5
.6
.7
,
July
August. ..
September.
109.2
61.9
687.0
687.0
.1
.2
Inception through
September 191*9
.
l*,261i.6
1*7
.1
.2
I*,
088.0
176.6
160.1
152.0
173.3
222.3
278.2
19.9
.h
87.0
17.7
90.1
138.1
182.6
131*.!*
Unexpended balance
Investments
87.0
IOI..8
191..
333.0
515.6
675.7
71..
91.5
178.0
318.5
500.5
657.0
805.5
To credit
of appropriation
In disbursing
officer's
account
2.5
1.6
10.5
I..1
12.8
1.1
13.1.
U.7
.5
II..7
.9
17.8
18.2
23.9
25.8
11.9.1
82I..9
575.1
399.2
1,399.9
1,799.1
1,720.0
1.2
1.5
53.3
23.
23.
23.
-23.1
-22.9
1,807.5
1,78U.6
1,761.3
1,710.0
1,687.0
l,66U.O
73.1.
21.
73.5
73.6
21* .2
Sk.
2U.
-23.1*
1,737.8
-23.1*
1,711*. I.
2l*.
81*.
1,799.1
1,713.0
1,688.5
1,720.0
53.3
23.9
663.1
-21* .6
-21..
2,1*62.2
2,1*37.6
2,1.13.1
2,081.2
2,080.2
2,056.2
351.. I.
21..8
21*.
330.9
330.7
26.6
26.5
26.2
2,1.13.1
2,U13.1
2,056.2
330.7
26.2
-23.
1,851.5
Source : ( Same as Table 1 )
1/ Figures differ frcan those shown in Table 2 In this section for the
reason that Table 6 reflects appropriations when they are made while
Table 2 ehowB the amounts when transferred to the trust account.
Assets, end of period
Sot
increase,
or decrease ( - )
In assets
2/
•
1,3711.5
.7
.8
.1
23.7
21*.
25.1
25.8
Beginning August I9I.9, includes administrative expenses financed
froa the trust fund under Title IV, Act of June 21., I9I.9.
Less than $50,000.
k
.
Nowmbcr
k
9k
k
3
,
k
7
k
5
k
k
7
J'>49
11
TRU3T ACCOUNTS, ETC.
Table 7.- Unemployment Trust Fund
(In
BlUlou
B»c«lpU
Tran«f»ra
tram
Admlnla-
Contrl
D*po«lt«
butloiM
SUtM
2/
i/
3,971.9
1,2U5.6
1,398.?
3, 621. It
Stat* account*
^
or aonth
105.6
76.3
MDta
1,5<5«.9
1,3"'9.3
19''?
1, 507.8
1,256.0
118.8
8.9
19t>6
1,279.8
1,009.9
1,005.3
1.007.3
98k .0
U6.2
9.6
9.2
9.7
9.0
lk3.6
lk6.9
165.3
180.1
19113
19kl>
19*7
1,289.'>
19W
1,312.9
1,173.2
19''9
1,096.0
1,217.7
7.5
J-'
6.0
U.7
127.6
130.6
.1
1,688.8 1,550.0
368.1
377.1
17k.
176.2
60.6
60.0
70.1
71.3
l,lk5.9 1,128.3
8l7.k
869.5
858.9
798.1
1,313.8 1,227.1
111.7
117.1
168.9
28.5
28.U
1"'9.3
1">9.3
Marob
20.0
15.">
k.5
April
33.0
SOO.k
32.3
200.1
.7
.2
Juna
99.1'
15.3
8k.l
151.7
lk9.k
169.7
Juljr
kl.S
233.7
18.3
37.5
833.6
13.5
.1
157.8
.1
175.
178.2
Inaaptlon through
S*pt«Bb«r 19l>9. 15,037.''
12,831.5
19li9-Januaz7...
Tabruary..
M*or
August...
Sapt«ab«r
3.9
k.5
79.
877.2
l.lkS.l
k/
Souro*:
(Saaa a* Tabla 1).
Xxoludaa lnt«rla adranoa of $15 uilllon froa the Traaaurj and aubaaquant rapajnent, both taking place In the flaoal jear 19kO.
2/ Repraaent* 90f of contribution* under the Railroad UnaoploTaent Insurance Act; the raaalning 104 la uaed for adxilnlatratlre expanaea.
(See *Bu£g*t Receipts And Expeodlturee*, Table 9).
Reprasant* aaoimts transferr«d free States To Railroad UneoplojrBsnt
laauranoe Account equivalent to aaounts of taxee collected with
r*«p*ot to period frca January 1936 to Jun* 1939, InoluslTe, froe
SBplojaes and eoployera vho cob* vltbln th* purrlev of the Railroad
UiiMliloyant In*urancs Act.
5/
Z/
^
•
Is dla
buralDf
tnat offlaccount car'a
Inraat- In
ant*
aaaat*
aoOOTBIt
8,283.7
32.3
9.1
1.8
.6
866.
l,222.k
1,506.3
.8
1,''36.5
2,283.7 2,273.0
3,150.1 3,139.0
k,v67.0
5l^!8 5,870.0
7,315.3 7,307.2
17.2
51.7
60.8
86.7 i/
133.9
kl9.9
k5k.O
-lko.6
7,kk9.1 7,k09.0
7,869.0
8,323.0 8,298.k
8,ia2.k 8,138.3
31.7
S.k
U.8
u
102.1
110.2
156.0
9.6 S/
6.9
-83.2
32.2
8,k37.3 8,ko6.k
8,k«9.k 8,kko.k
8,320.5 8,291.k
89.2
87.0
2k.
1.7
8.1
k.k
IkO.k
lkl.6
159.7
11.3
7.7
10.0 i/
8,201.8 8,170.k
8,252.8 8,212.k
8,l8e.k 8,138.3
28.2
38.1
kl.k
8.T
150.3
16k .0
16k.
U.k
8,12k.
7,96k.
8,066.1 8,033.3
8,080.3
7,9k0.3
28.8
39.5
19.k
k.O
k.6
k.8
7,96k.5 7,9k0.3
19.
k.e
7,078.9 6,672.0
^
105.9
Unaxpaadad
(-),
In
^
ruod i/
92.
109.
I9U
105.9
trmtloi)
Inract*
131.5
67.k
8e.k
96.5
123.6
1936-19*1.
A«**t«, OBd of >»rlod
Rat
Incraa**;
or dacraaaa
Railroad
UnaiplojTranafar* ••nt Into RailWlthauranca
dravala road Uhaa- Account
plo/n*nt
if
Stataa Insurance
Bwwflt
Aooount
vajaant*
R&llroad Uoaaplojrasnt
liwuranca Account
Stat*
account*
StatM
of doll«nJ
txp»odltur— othar than lnT*at— nt*
-lfc8.9
-U8.7
51.0
-70.3
Ik.O 6/
-116.3
58.3
-160.0
293.86/
7,96k. 5
7.5
107.2
1
8.0
7.8
k.O
8.5
7.8
8.7
3.3
1.9
.3
.3
18.1
kl.k
8.7
3.8
8.3
Represents sxoesa funds of the Railroad QteaaiploTBant Inaunac* Adalalstratlon Fund (under Act of Oct. 10, 19kO].
For railroad un*Bplo7a*nt b*nflts and r«fuDds.
Transfers to ths Railroad tlnsaploTaent Administration fund are Included
a* follovii
t2.k million In Koreaber 19k6, |2.6 llilac In January
19k9, $2.5 Blllloo in Haroh 19k9, $2.3 alUloo In Jun* 19k9, 19. T million In fiscal ysar 19k9,and $2.3 mllllac In S*pt*mb*r 19k9, representing sdjustaent for orcrcolleotloDS due to retroaetlre change In tax
rat* (under Act of Jun* 23, 19k3),
Lees than $50,000.
Table 8.- National Service Life Insurance Fund
(Is million* of dollar*)
Receipt*
Flacal year
or Bcnth
Total
Preal\B* and
other receipt*
£xp*adltur*a
for
Tranefer from
a«neral Fund
Intareat on
baoaflU,
lirraataant*
refunds, etc,
Asset*, end of period
Het iQcreaae.
or decrease (-)
Is asssts
Inreetasnt*
2.8
37.6
351.7
l,813.k
3,187.1
7.k
18.9
kk.k
9,302.8
6,929.k
6,963.1
7,305.0
5,239.7
6,k73.7
6,93*.7
7,287.7
63.1
51.7
ae.k
IT.k
7,0kk.8
7,058.5
7,058.0
7,017.7
7,038.7
7,037.7
19.8
80.3
7,058.2
7,087.
7,305.0
7,0k2.7
7,072.7
7,287.7
15.9
19kl
19k2
19*3
19kk
19k5
kk.9
880.7
781.1
95k.l
1.0
30.5
101.2
.k
.9
316.1
90k .5
8,127.k
5.0
88.2
1,U6.5
56.7
6.0
31.U
188.2
3.9
k9.9
310.1
873.2
1,999.3
3.5
k9.0
399.1
1,232.3
3,831.6
19k6
I9k7
19k8
19k9
2,351.0
l,50k.l
739.7
690.1
8kk.7
516 .£
387.9
398.8
l,38l.k
816.7
153.0
87.0
170.9
199.8
210.3
879.8
881.9
301.9
3k8.1
2,071.2
1,222.6
k37.7
3*1.9
37.2
35.3
3k.
36.2
33.9
33.9
1.0
l.k
27.1
87.0
29.0
10.1
March
April
May
June
88.3
?8.0
8k£.8
27.0
28.0
28.0
29.9
8.9
July
August..,.
September.
38 .k
3k.8
kk5.9
87.7
30.9
87.6
k.7
3.9
klS.3
9,195.9
k,292.1
k,llk.2
19k9-Janua77
.
.
Febr^iary.
Inception through
September 19*9..
(SaM
aa Table 1).
Lsee than $y),000.
12k.
.5
1.3
210.3
789.6
8.3
9.k
Unazpandad
balance
I
.7
U.k
29.1
88.7
29.8
29.2
217.6
28.7
89.9
88.9
kli6.9
7,306.7
7,313.6
7,730.6
7,898.7
7,899.7
7,713.7
16.0
18.0
16.9
7,730.6
7,730.6
7,713.7
16.9
l,k<9.3
.2
3.7
k.9
Ik.
17.
m
reasury Bullet.
Tr
12
TREASURY CASH INCOME AND OUTGO,
Table 1.- Sunmary of Cash Transactions
(In mlHlone of dollare)
Fiscal year
or month
Novcmbrr l'H9
13
TREASURY CASH INCOME AND OUTGO.
Table 3.- Derivation of Cash Budget Expenditures
Treasury Bulletin
l^^
TREASURY CASH INCOUE AND OUTGO.
Table 5.- Derivation of Cash Borrowing or Repayment of Borrowing
(
Flecal year
or month
In mllllone of dollare
.
Sowmbcr
,
15
I'H'*
GENERAL FUND OF THE TREASURY
Table 1.- Statue of the General
(Id mlUlooa or
Dopoalta ]n r«4«ral
K«««rr« B«nk«
Bullion, coin,
CUTTWlcy
ini of ri>c«l
jMU* or Month
Avallablo
Oold
"3
ug
19h9-JanuAr7
robruarj.
March
.
April
Ma;
JUD«
Juljr
Auffuat.
.
..
Sapteahar,
Source:
1/
962
1,773
1,771
310
283
309
k22
k3e
392
3,308
k,9J2
3, kTO
1,51k
l,k23
l,k82
179
97
179
1,735
2,688
2,92k
3I.6
25k
295
383
128
357
k,659
5,291
5,767
22k
221
219
1,226
lOk
56
103
1,563
1,313
1,771
278
282
309
k33
363
392
3,995
3,163
3,k70
198
199
529
610
1,176
10k
l,k85
2,513
3,226
3k6
312
31k
362
3k9
381
3,337
k,kl8
5,699
232
191
219
1,202
1,928
k38
5,Ok2
5,719
6,1^3
l,Ok«
l,0k5
1.038
222
212
205
k,k28
3,526
3,86s
1,033
1,027
1,022
3,699
k,767
6,080
1,037
l,0k7
1,05k
19k7
collactlooa
123
103
1,083
1,073
1,022
25,U9
IS".*
Tka
193
628
U38
86
119
Dalljr Treaaury Stataaent.
On account of withheld taxae and ealaa of Goramaent eecuritlee.
Table 2.- Analysis of Change In Balance In the General Fund
(In mllllona of dollara)
yiecal jear
or Bonth
Balance In
the General
fund
2,991
9,507
20,169
2k, 698
lk,238
3,730
5,370
3,862
20,775
19k5
Uablllttu
k52
6k3
607
kSl
kTO
558
2k3
I9W
otlwr
4*po«lt«
265
533
507
289
305
Ik, 708
10,
Zn proceii
of collttotloo
D»po«lt« IQ
•poclal
4oDO«ltarl««
1,679
7,667
18,007
22,622
12,993
603
1,038
l,kk2
1,500
1,006
3,
191.3
19k9
funds
155
150
15k
150
160
15k2
19118
Othar
Fluid
doUuv)
Treasury Bulletin
16
DEBT OUTSTANDING,
Table 1.- Summary of Federal Securities
(
End of
fiscal
year or
month
In mlU-lons of dollara )
Sowmbcr J'H9
17
DEBT OUTSTANDING,
Table 3.- Interest-Bearing Public Debt
(In llllco* of
dolUn)
Public laauaa
En£ of
riacal
jear or
Dontk
Total
Noaaarkatabla
Intaraat-
baarlng
publJc
dabt
19*2.
19*3.
19**.
19*5.
19*6.
71,968
135.380
199,5*3
256,357
268,111
19*7.
19*8,
19*9.
255, U3
Debt p«ak
Fab. 19*6
Total
public
Tr*aavS7 bonda
laauaa
6*, 083
12*, 509
Tr«aaury
aavlnga aavlnga
bonda
notaa
u. a.
Otlin-
CertlfIcataa
Bank
eltglbla
Bank r»atrletwJ
37,202
196
196
196
196
180
13,510
29,200
**,e55
56,226
56,173
10,188
21,256
booda
*/
Tr»aaur7
forcaa
Ivara
bonda,
1/
SpKlal
CUvar
laauaa
Inraat-
ant
aarlaa
185,256
237,5*5
2*5,779
50,573
95,310
1*0, *01
181,319
189,606
2,508
11.86*
1*,73*
17,0*1
17,039
3,096
l«,56l
28,822
3*. 136
3*, 80*
6,689
9,168
17,*05
23,*97
18,261
58,083
69,693
65.86*
882
8,711
21,161
36,756
53.*59
250,063
250,762
227,7*7
219,852
217,986
168,702
160,3*6
155,1*7
15.775
13,757
U,536
25,296
22,588
29,*27
8,1*2
11,375
3,596
69,686
62,826
60,789
*9,636
*9,636
*9,636
166
16*
162
59,0*5
59,506
62,839
51.367
53.27*
56,260
5,560
*,39*
*,86o
1.8,809
Anwd
3* ,606
*5,586
*9,035
3,015
7,*95
9.557
10,136
307
ue
692
505
*27
6,7U
1,793
563
396
959
95*
7,885
10,871
l*,287
18,81?
22.332
325
316
369
r,3«6
*71
20,8»7
30,
2U
32,716
277,91s
257,016
199,810
17,032
*1,*13
19,551
68,207
53,*27
ISO
57,206
*8,69i
8,0*3
19*9- Jan..
fab..
Mar..
250, *35
250,603
818,675
218,799
217,6*7
156,960
156,766
155,6*8
12,133
12,13*
29,630
2*9,573
U,6*8
28,803
3,596
3,596
3,596
61,803
61,803
61,803
*9,636
19,636
*9,636
162
162
162
61,71*
62,033
61,999
55,352
55,663
55,893
*,618
*,6*l
*,383
**9
*39
*28
955
955
955
3*1
335
3*0
31,760
31,80*
31,986
Apr..
May..
Juna.
2*9,509
2*9,890
250,762
217,676
217,975
217,986
155,*50
155,*52
155,1*7
U,5*2
28,710
28,710
29,*27
3,596
3,596
3,596
61,803
61,803
60,789
*9.636
*9,636
*9,636
162
162
162
62,227
62,523
62,839
56,019
11,5**
11,536
56,260
*,*68
*,692
*,86o
*16
*06
396
95*
95*
95*
350
35*
369
31,833
31.91*
32,776
July.
251,883
253.921
25*, 756
218,831
220,563
220,8*2
15*, 959
155,552
155,6*7
12,12*
12,315
29,2*6
29,2*6
30,U*1
3,596
3,596
3,596
60.789
60,789
59,*97
*9,636
*9,636
*9,636
161
161
161
63.372
65.011
65,195
56,*53
56,537
56,600
5,705
6,768
6,897
385
376
368
95*
95*
95*
376
376
377
33,0*9
33,358
33,91*
Au<!..
Sapt.
U,531
29, *3*
56,
U6
Source: Sally Treaaurj Stataoant.
7ootnot«8 at and of Tabla 6.
Table 4.- Net Change In Intereet-Bear Ing Public Debt
(Increase, or dacreaae (•), in allliooa of dollara)
Treasury Bulletin
1&
DEBT OUTSTANDING,
Table 5,- Interest-Bearing Securities Guaranteed by the United States Government^
(In millions of dollars)
Marketable
Commodity
Credit
Corporation
End of fiscal
year or month
19''2
Ij,5li9
l',5U9
701
MI'S
I.,
''12
Federal
Farm
Mortgage
Corporation
930
930
Federal
Ho losing
Administration
21
Nonmar)ce table
OwnerG
Loan
Corporation
1,563
1,533
755
Public
EoMB Ing
Adiolnlf)-
tratlon
nil
Peconatruction
Finance
Corporation
1,219
896
Conmodl ty
Credit
Corporation 6/
3k
183
326
375
68
150
375
'•3
k3
U21'
U2I.
38
27
''5
''5
69
38
27
U2
2U
13
13
U
U2
11
32
22
20
12
12
12
12
12
12
20
10
8
20
April
May
June
19
20
12
12
12
12
7
8
2U
13
13
July
August
September.
22
2U
26
13
13
Ik
13
13
19''''
092
1,516
3,908
1,190
191*5
'109
3I'
19''6
1467
19''?
83
WliS
19''9
I9U9- January
February
March
.
.
.
.
.
,
''12
23
21'
11'
111'
9
11
12
Table 6.- Special Issues to United States Government Investment Accounts
End of fiscal
year or month
8
U
Source: Daily Treasury Statement.
Footnotes at end of Table 6.
(In mllllone of dollars)
10
9
11
12
Feconatructlon Finance
Corporation
1/
115
176
\ ncmncf
1^)49
19
DEBT OUTSTANDING
Table 7.- Computed Interest Charge and Computed Interest Rote on Federal Securities
(Dollar
vninU
In BlUlona)
Treasury Bulletin
20
STATUTORY DEBT LIMITATION
as
Section 21 of the 3eoond Liberty Bond Act,
amended, provides that the face amount of obligations
Issued under authority of that Act, and the faoe amount
of obligations guaranteed as to principal and Interest
by the United States (except guaranteed obligations
shall not exheld by the Secretary of the Treasury)
ceed
aggregate $275 billion outstanding at any
Obligations Issued on a discount basis, and
subject to redemption prior to maturity at the option
of the owner,
are Included in the statutory debt limiIn
the
one time.
tation at current redemption values.
,
Table 1.- Status under Limitation, September 30, 1949
(,Xn
lllloni of dollari)
MaxlDuo aaouit of ••ourltlsi whloh maj ba ontitandlDC «t any one tlot, under llalt&tLons lopoiad by Scotloa 21
of the Second Liberty Bond ict, ei anended
275,000
'
iaonnt of eeoiirltlee ostitandlnc labjeot to each itetntary debt llaltatleni
n.
3.
OoTernment iecurltlea lasued under the Second Liberty Bond Aot, aa aaendad.
255,921'
29
Oturanteed lecurltlei (eiDlndlnc thoae held by the Treainry)
Total aaount of aaourltlea outatandlnc eubjeot to atatatory debt llaltatlon
255,953
19,01*7
Balance letuable under limitation.
Bureau of the Public Debt.
Source:
Table 2.- Application of Limitation to Public Debt and Guaranteed Securities
Outstanding September 30, 1949
(In
lUleaa
of dollari)
Sabjeot to
atatatory debt
llaltatlon
Clan of lesnrlty
Pabllc debt
tntareet-bearln^ securltlee:
Marketable;
Treasury bllli
Certificates of Indebtedneae
Treaeury notee
Treasury bonds ' bank eligible
Treasury bonds - bank restricted 1/...
Postal savings and Panama Canal bonds-
lot aubjeot to
atatatory debt
llaltatlon
Total
outetandli^
:
12,315
12,315
30,ltltl
30,
119,636
155, '•86
Nonaarke table:
U. S. sarlngs bonds (current redenptlon Talae).
Treasury safiogs notes
Depositary bonds
Araed fore es leaTe bonds
Treasoxy bonds, InTeetment aeries
155,6't7
56,600
6,897
377
368
95''
95'^
65,195
65,195
g5'^.595
Matured seourltles on which Interest has ceased.
Debt bearing no interest:
Unltsd States savings stamps
Ixcess profits tax refund bonds
Special notes of the tJnlted States:
International Monetary fund series
Intsmatlooal Bank for Beconatructlon and DeTalopment series
United States notes (less gold rsserre)
Deposits for retirement of national bank and federal Beserre Bank notes.
Other debt bearing no interest
g/
50
''
50
k
1,057
1,057
191
191
39I'
39I1
6
1,702
756
256,680
26
3_
3_
29
29
Total guaranteed securities
255,953
Total public debt and guaranteed securities.
2/
6_
591
26
Interest-befu-li«.
Matured
25''. 756
221
255,92'*
Total public debt.
33,91''
161
216
Total debt bearing no interest.
Source:
Bureau of the Public Debt.
1/ iBBuee which coimnorclal banks nay not aciiulre prior to a specified
161
161
33. 91'^
Special lasaeo to OoTemsent agencies and trust funds.
Total Interest'bearlng securities
:
l6l
56,600
6,897
377
368
Total nonoarketable
Quaranteed securities
59, ''97
'19,636
59, '•97
Total sarketable
Ul
3,596
3,596
"tcS"
256,709
date (with ittlnor exceptions). See "Debt Outatandlng", Table 3, footnote 3.
Excludea guaranteed securltiea held by the Treasury.
Sowmbcr
i'>49
21
DEBT OPERATIONS
Table
I.
Maturity Schedule of Interest -Bearing Public Marketable Securities
Issued by the United States Ciovernmcnt
and Outstanding September 30, 1040'
Treasury Bulletin
22
DEBT OPERATIONS.
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States Government
and Outstanding September 30, 1949^- (Continuedl
(In mllllonB of dollars)
Amount of maturities
Amount of maturities
Year
Doecrlptlon of security 2/
and
month
Fixed
maturity
Issues
Date
bank reCallable IssueE
stricted
claeelfied by
iBBuee
year of:
become
Final bank
First
eligible
mal^ucall
rity
Year
Description of security 2/
and
lODnth
Fixed
maturity
issues
Date
bank reCallable issues
stricted
classified by
ieeues
year of:
become
First
call
Final
maturity
beuik
eligible
1/
196U
1956
Mar..
2-l/21t Bond -
3/15/56-58
June.
8-l/U* Bond
-
6/15/5U-56
Sept.
2-3/1*16
Bond
Bond
-
9/15/56-59
9/15/56-59
S-lM
-
1,UU9
681
6,253
-
3/15/56-58
June.
2-3/U)t Bond
-
6/15/58-63
-
2-1/2* Bond
-
6/l5/61t-69.
I2/I5/6U-69
3,761
V15/53
3,838
9/15/53
7,599
681
1965
1958
2-1/2* Bond
2-1/2* Bond
Dec.
982
3,823
Total
Mar..
June.
Mar..
2-1/2* Bond
3/15/65-70
Dec.
2-3/U* Bond
12/15/60-65.
2/1/51*
5,197
l,'t85
1,W9
5,197
1,1*85
919
919
Total
1966
l,ltU9
2-1/2* Bond
-
3/15/66-71.
3,Wl
2-1/2* Bond
2-1/2* Bond
-
6/15/62-67.
6/15/67-72.
7,967
Sept.
2-1/2* Bond
-
9/15/67-72.
2,716
Dec.
2-1/2* Bond
-
12/15/67-72.
U,689
Mar..
12/1/51*
1959
June
2-1/U* Bond
-
6/15/59-62
Sept.
S-S/U* Bond
2-l/Ult Bond
-
9/15/56-59.
9/15/56-59.
Bond
-
Sec.
2-l/li5l
-
6/15/52
5,281.
3,U70
12/15/59-62.
8,75".
1967
June.
982
12/15/52
-
2,118
5/5/52
6/15/62
12/15/62
U,8oli
22,372
Total.
i960
2,118
1968
Mar..
2-7/8* Bond
-
3/15/55-60.
Dec.
2-3/lt* Bond
-
12/15/60-65.
.
2,611
l,'t85
3*
Panama Canal tond
-
2,631
-
6/l5/61t-69.
3,761
I./I5/53
-
12/l5/61t-69.
3,838
9/15/53
-
June.
2-1/2* Bond
Dec.
2-1/2* Bond
12/1/52
1969
2,611
1961
June.
12/15/63-68.
2-1/2* Bond
Dec.
1,''85
6/1/61
50
Total.
7,599
1970
1962
June.
Bond
2-l/sil Bond
2-l/l»'6
-
-
6/15/59-62.
6/15/62-67.
5,281t
6/15/52
5/5/52
3,'»70
12/15/52
2,118
2-1/2* Bond
-
3/15/65-70.
5,197
2/1/51*
2-1/2* Bond
-
3/I5/66-7I.
3,1*81
12/1/51*
June.
2-1/2* Bond
-
6/15/67-72.
7,967
6/15/62
Sept
.
2-1/2* Bond
-
9/15/67-72.
2,716
Dec
.
8-1/2* Bond
-
12/15/67-72.
11,689
Mar...
1971
2-1/U* Bond
12/15/59-62.
Mar...
2,118
Total
8,75't
1972
1963
June.
2-3/U16 Bond -
6/15/58-63.
Dec
2-1/2* Bond
-
12/15/63-68.
.
.
919
2,831
2,831
Source:
1/
2/
12/1/52
.
Total
919
Dallj Treasury Statement and Bureau of the Public Debt.
Excludoe postal eavlnee bonda
It should be noted that callable leeues appear twice In this column,
once In the year of first call and again In the year of final maturity. Callable Issues with respect to wiUch a definite notice of
call has been made, howoTer, are listed as fixed maturities. For
2/
12/15/62
22,372
date of Issue of each security, see Market QuotatlonB ; for tax
statue, see "Treasury Survey of Ownership".
Bank restricted Issues may not be acquired by commercial banks
(with minor exceptions) prior to specified dates; see "Debt Outstanding", Table 3, footnote 3.
Sowmbor l^H^
23
DEBT OPERATIONS
Table 2.- Offerings of Treasury Bills
24
Treasury Bulletin
DEBT OPERATIONS.
Table 3.- Offerings of Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness
Date
Nowmbir l'H9
25
DEBT OPERATIONS.
Table 4.- Disposition of Matured Marketable laauee of Treasury Bonds, Notes, and Certificates
of Indebtedness and Securities Guaranteed by the United States Government
OAll»d or Bftturl&f ••ourltx
^
OlaposltloD of fan
Tr«kaur7*'
Ikta of
Ditcriptlon
«nt
lAAS-A
2AA8-B
Cub
tiohft&c*
•t and 1 n^
r*tlr«-
••eurltj
off«r«d
1AA7
3,13"'
2/1A7
3,9''7
3/1A7
3/15A1
2,lk2
3/15A8-3A?/'>8..
3/16/36
1/1A8
7/W
C«rtjflc«u
-
7/8»
C»rtlflO«ti
-
7/8»
C.rtlfloaU
-
3AA8-C
-
2-3A»
Bond
Bond
-
3AA8
Tot«l for
A AS 4
liAA8-B
k/lA7
1,321
C«rtl float*
1-3 A« Bend
-
6/1A9-I
6A5Afl.-
6AA7
12/l/l>2
1,777
3,062
7/W
7/8*
7/W
7/*
loAAS
-
6AA8
Cartlfloata
Cartlflcata
Cartlfloata
Total for
9 A5A8
•,839
7AAS-'
7AA8-C
7AA9-H
-
-
7/1A7
8/1A7
9/1A7
7AA8
2-1/2* Bond
1-1/2* Iota
-
2,7k2
1,127
2,209
6,078
9A5/W..
9A?A8-A
3/15/38
1.51
s/ijAu
3,7ti8
!
llota
-
k,092
Cortlflcate
Certificate
-
lo/lAft-B
XO/X/hB-J
9/15A7
1»
1«
10/1/U7
1,35''
-
I0AA8-K
11/1A7
Total for IO/1A8
i2A5A«
1/1A9-
1,223
U,k8l
-
Total for
tAAS"
3AA8
1,U5
C«rtlflc«U
7/8»
Bond
-
l,k67
6,913
12A?A8..
12/8/39
571
I/1A9-A
1/1A9-A
12/1A7
1/1/W
3,535
2,592
i-i/e» Rota
1-1/8* Certificate
6,U7
Total for l/lA9
aAA9
1-1/8* Certificate
-
2/1A9-B
2/1/1.8
2,189
3AA9
1-1/8* Certificate
-
3/1A9-C
3AA8
3,553
'>AA9
1-1/8* Certificate
-
l./lA9-l>
U/l/k8
1,055
6AA9''
1-1/9* Certificate
2*
Bood
-
6/1A9-K
6/I5A9
6/1A8
11,301
lA5A2
1,01k
-
Total for 6/1/1.9
7AA9
9A?A9
10AA9
5,315
1-1/8* Certificate
-
l/xM-f
7A/W
5.783
Bood
-
9/l5/''9..
i-iA> Certificate
-
10/l/k9-C
5/15A2
lO/l/W
1,292
6,535
2*
eaata
DMerlptlott of
Ottt-
MBt
2AA8
6
Tornad la for
Aaount
(Is Btlllsu of doUari)
k/iAa
B««ulti of •tehuLf offora
tgr
S»t« of
r« fundi ic
or r«llr»-
ehaBfod
Hdarml
Ratanr*
'^1^
othar
iDvaitort
•«
Mouiij offend
Treasury Bulletin
26
UNITED STATES SAVINGS BONDS.
United States savings bonde were first offered for
Series A-D were sold from March
in March 1935.
bonds have been
Series E, T, and
1935 to April iglH.
on sale since May 1, 19't-l. For Information on the terms
"Treasury Bulletin"
and conditions of these bonds, see
sale
Decemb«r 13^7, page 3I, and October 19^5.
Sales and redemptions data by States
are published at the end of each calendar and each fisSales by denominations
cal year after June 30, l^kf
issues
pages
for
A-U-
and A-5.
.
In
the
following tables
at Issue price,
at current redemption values.
standing are quoted at par.
been redeemed are
tions.
sales figures are quoted
and redemptions and amounts outstanding
Included
Amounts of Series
Matured bonds which
In
the
figures
have
on redemp-
Matured bonds outstanding are reflected In the
all bonds
of the
series
Interest-bearing debt until
have matured, when they are transferred to matured debt
upon whloh Interest has ceased.
are also published semiannually after December 3I, IS^T
Table 1.- Summary of Sales and Redemtlons by Series, Cumulative through September 30, 1949
(Dollar amounts in mllllona)
Series
out-
Sovcmbvr
N4Q
27
UNITED STATES 3AVIN03 BONDS.
Table 3.- Sales and Redemptions of Series E, F, and G by Periods
(Dollar aBovmta In allltcoa)
rnrioi
Treasury Bulletin
2«
UNITED STATES SAVINGS BONDS.
Table 3.- Sales and Redemptions of Series E, F, and G by Periods
-
(Continued)
(Dollar amounts In mlllJona)
Saiee l/
Accrued
discount
Salee
plus
accrued
discount
Bedemptlons 2/
Salee
price
Accrued
discount
Amount
outstanding
(Interestbearlnfl debt)
j
Percent of monthly
redemptions
to amount
outstanding
Fiscal years:
igiti
67
191*2
1*35
loUS
758
802
679
19ltli
191*5
191*6
I9I17
1*07
67
2
67
1*35
3
3
1*99
760
811
17
58
89
IU9
203
206
216
17
57
88
1,21*2
1
2, 601*
11*7
3
197
198
20U
6
9
12
2,895
3,099
3,255
9
19
33
698
1*1.0
1*7
1.07
191*8
360
301
61
362
191*9
1*73
73
51*5
191*1
191*2
208
652
2
651*
19''3
71*5
1.
191*11
13
191*5
191*6
773
595
325
750
786
25
191*7
31*2
51*
191*8
1*98
67
29
32
26
9
February.
March
April
May
June
19
18
20
5
5
9
July
August.
September.
17
16
10
5
27
21
13
6
19
1,996
3,581.
Calender years:
208
1.0
681
365
396
566
207
7
35
77
106
189
203
222
7
35
77
1
101*
1
185
196
211
I*
851*
1,569
2,278
2,793
2,969
3,162
3,505
7
11
Months
191*9- January
.
.
.
.
1*
5
38
36
31
21*
23
29
18
17
3,52U
.51.
18
3,51.2
.51
15
lU
3,558
.1*3
16
17
16
15
16
15
3,566
3,572
.1.5
18
17 P
16 P
15 P
19
16
16
P
P
1 P
.1*9
3,581.
.1.5
3,593
3,598
3,600
.51
.1.6
.1*5
Serlea G
Fiscal years:
191*1
191*2
191*3
I9I.I.
191*5
191.6
191*7
191*8
191*9
1
1
12
395
2,032
2,759
2,876
2,658
395
2,032
2,759
2,876
2,658
131.
131*
220
220
5,119
7,861
10,299
2,1*65
2,1*65
31*8
31*8
12,1.16
2,561
1,907
2,390
2,561
1,907
2,390
1*69
1*69
11*,
566
566
619
619
2
29
89
181
26U
2
29
89
181
12
55
55
391.
2,1.11.
508
15,850
17,621
Calendar years:
191*1
191*2
1,185
2,516
1,185
2,516
191*3
2,61.0
2,61*0
191*1.
2,891
2,520
2,637
2,267
2,573
2,891
2,520
2,637
2,267
2,573
180
182
180
182
57
57
1*9
1*9
17,230
17,363
11.9
11*9
1*9
1.9
17,1*63
.33
.28
.28
101*
101.
93
107
uu
51
51
l*U
93
17,523
17,565
17,621
.^5
.29
.29
56
50
56
50
17,681
17,731*
.32
.28
1.8
1*8
17,772
.27
I9I.5
191*6
191*7
191*8
26I*
1*26
1.26
512
512
6l8
618
1,183
3,669
6,221
8,931
11,186
13,397
15,152
17,108
Months
191*9- January
. .
February
March
.
April
May
June
107
July
AuguB t
,
September.
.
Source:
1/
.
115
101.
115
lOU
86
Tally Treasury Statement; Office of the Treasurer of the U. S,
Beginning with June 19l*7, Series E salee Include siaall amounts of
\uiclRsBifled sales consisting of Series E, F, and 0. Tliese amounte
are substantially lees than the sales reported ae unclpsslfled In
the Dally Treasury Statement. The greater paj't of that Item conelots of sales for which information Is available as to the series
but not the year of issue. On the basis of that Information ouch
sales ere Included In this table according to series. Prior to
2/
51
51
June 191*7, it was possible to distribute by series all salee reported as unclassified in the Dally Treasury Statement.
Series E redemptions Include small amounts of unclassified Serie
A-D redemptions beginning with October 191*1*, and email amounte
also of unclassified F and G redemptions, beginning with June
191*7.
•
p
Less than $500,000.
Preliminary
29
Sovcinbcr l'>49
TREASURY SAVINGS NOTES.
TraaBury savings nolas (originally dsslgnated tax
Series A
havs bean Issued In Tour aeries:
savings notes
from August
)
1,
I9U1,
through June 22,
19'*'';
Series B from
of Series A and B,
see "Annual Report of the Sacratary
of the Treasury" for 19'*2, page* 207 '"^ 220, and for sales
and redemptions by fiscal years and months,
sse 'Treasury
from
August I, ig"*!, through September 12, 19'*2; Series
September lU, igUS, through August 3I, igW; and Series D
Details
on continuous sale beginning September 1, 19'^.
Bulletin" for February 1946, pages U2 and U3,
oonoernlng terms and conditions for purchase and redemption, and Investment yields of Series D notes will be found
Treasury savings notes are shown at par value. Matured
notes redeemed (either for cash or for tax payment are
Included In the figures on redemptions. Hatured notes out-
In the 'Treasury Bulletin" for October
19'*8,
page A-L
Similar Information concerning Series C notes will bo found
in the "Treasury Bulletin"
for October
19'*5.
Pag'"
*-**
For details ooncernlng terms and conditions,
Investment yields, and tax payrasnt or redemption values
and A-5.
In the following tables sales and rodamptlons of
y
standing are reflsoted In the interest-bearing debt until
when tney are trans-
all notee of the series havs matured,
ferred to matured debt upon which Interest has ceased, In
accordance with the practice of the Dally Treasury Statement.
Table 1.- Summary of Sales and Redemptlone by Series, Cumulative through September 30, 1040
(In allllonfl of dollaro)
SvrioK
Treasury Bulletin
30
OWNERSHIP OF FEDERAL SECURITIES.
Table 1.- Distribution of Federal Securities by Classes of Investors and Types of Issues
(In mllllonfl of dollars)
End of
fiscal
year
or month
November 1949
31
OWNERSHIP OF FEDERAL SECURITIES
Table 3.- Eatlmated Ownership of Federal Securities by Bank
and Nonbank Investors
Treasury Bulletin
32
TREAGUEY SUEVEY OF OWNERSHIP, AUGUST 31, I9U9 ^
The Treasury Survey of Ovmerehlp covers securities
Issued by the United States Government and by Federal
agencies. The banks and Insurance companies Included
In the Survey account for approximately 95 percent of
Information on the distribution of ownership by types
of banks and Insurance companies Is published each month.
Additional Information showing the holdings of commercial
banks distributed according to Federal Reserve member
bank classes and nonmember banks is published for June 30
and December Jl.
such securities held by all banks and Insurance companies
Data were first published for
In the United States.
March 3I, ig'H, In the May I9I+I "Treasury Bulletin".
Section
I
-
Securities Issued or Guaranteed by the United States Government
Table 1.- Summary of All Securities
(Par values
ClBBelflcatlon
-
In millions of dollore)
Sowmbcr 1949
33
TFEASUPY SURVTY OF OVNEBSHrP, AUGUST 31,
Section
I
-
19'»9
Securities Issued or Guaranteed by the United States (Government
Table 3.- Interest-Bearing Public Marketable Securities by Issues
(Pat TftlxMs
In million* of dollar*)
-
Bald tj Inraaton corarad In Traaaurj Bvrrtj
lain*
aount
(Tax atatua 2/ 1* atiovn in paranthaaaa)
Traaaurj
Banka 1/
Total
Mlla
outatandInc
Inauraoo* o<Mp«al*
U. 8.
7,271
530
ooawr
UtUAl
62k fira,
caaualty,
and aarloa
3?8
Ufa
Oora
Inraataant
accounta and
Fadaral
Bald bj
all othar
Invaatora
^frv
(taxaUa)
12,12k
"•,219
19
(taiabla)
(taxable)
(taxable)
6,535
519
5,695
2,2k6
300
2,178
5*
31
7
2
10
128
l-lA» Eaoaabar 191'9-B
l-lA» January 19!«-A
138
677
l-lA» Feta-uary 19?0-B
l-lA» March
19!0-C
1950-C
l-lA* April
(taxable)
(taxable)
(taxable)
1.993
2,922
963
877
1,096
357
8
18
1
2
97
581
u
1
36
53
16
66
97k
1,171
k96
1-1A» June
l-lA» July
(taxable)
(taxable)
5,019
5,601
2,20*
1,598
il>
11
2U
U
Sk
76
819
2,178
1,868
1,720
29,2I'6
10,857
179
k6
5k3
5,983
11.638
(taxabla)
3,596
1,891.
39
99
3k8
1,815
Bank all«lbla:
Septaaber 19'>9-;i
2*
Caoaaber 19<>9-71
211
3-l/8» Daeaabar 191^-52
(taxable)
(taxable)
(partially)
1,292
2,098
797
1,333
366
37
22
60
237
170
a?
178
2-l/2» D*o*«bar 191^-53
March
1950-52
2-l/a> Saptaaber 1950-52
(partially)
(taxable)
(partially)
1,786
1,963
1,186
1,''37
5
1
70
1,391
1,008
57
7
2S
1
215
330
38
(taxable)
(taxable)
.. (partially)
'',939
2,936
1,529
1,329
12l>
(taxable)
(partially)
(partially)
7,986
755
1,118
3,Jk5
k.JOO
l,55i
2,5k9
198
2,661
Cartlficataa of Indebtadnaaa:
l-l/k» Oelobar
19*9-C
1950-E
1950-r
Total oartlflcataa of indebtedneaa
6
13
Treaiury notaat
1-3/W April
1950-A
Traaaury bonda;
»
Septaaber 1950-52
l-l/2« !>ec«Bber 1950
1951-5''.
2-3A» June
2f
St
3*
.
Sarrtaaber 1951-53
Septaaber 1951-55
1951-53
2-lAt Decaaber
li91
2,635
1,627
97
k03
k
k2
k7
92
15k
5,061
301
30?
167
1*77
3
3
699
6k
ko
l,k53
179
58
96k
l,02li
369
531
5,825
t,OI>l>
2-lA* Juno
(taxable)
1952-55
1952-5^
(taxable)
1953-55.. -.(partially)
1,501
8,662
725
922
6,106
652
Dacaaber
June
86
213
1
1
(taxable)
( taxable)
(taxable)
2f
2*
12
U8
1951-55
510
k
59
k5
58
Ceceabar
2t
2-1/2* March
June
2»
1952-5''
1952-5''
22
23
32
53
81
a
1,16?
l.OkO
10
158
210
23
16
18
8k
20
123
9
85
kk6
ee
212
918
122
311
1?2
289
38
189
120
291
lk8
l,k76
31
119
21
2
158
6e
57
683
193
1D7
665
28
2-1/I'* June
195''-56
681
2,611
1
1955-60
195^-58
(partially)
(partially)
(taxable)
590
2-7/8» March
2-1/2* March
l,61t9
l,lili9
808
2
71
1
292
2-3/U* Saptenbar 1956-59
2-lA* Saptaaber 1956-59
2-3/1.* June
1958-63
(partially)
(taxable)
(partially)
982
3,823
919
781
2,578
1
162
2
1
50
19k
Uk
5
77
k2
109
1
.(partially)
(taxable)
1,''85
1
1
2,716
1,176
1,992
12^
68
95
22
12
151
200
359
60,789
l'l,583
1,830
1,699
1,635
3,ka8
10,555
2-3/1'* Decoabar
I96O-65.
2-1/2* Saptaaber 1967-72
Total bank eligible
Footeote* at and of Section II.
..
756
(Continued 00 follovlnfi page)
77
Treasury Bulletin
3»^
TEEA3UEY SUFVEY OF OWNEPSHIP, AUGUST 31,
Section
I
-
19'*9
Securities Issued or Guaranteed by the United States Government
Table 3.- Interest-Bearing Public Marketable Securities by Issues
(Par values
Issue
(Tax statue 2/ le shown In parentheses)
-
in
mlUlonB of
doll are)
-
(Continued)
Sowmbcr 1949
35
TREA3UPY SURVEY OF OWNEKSHIP, AUGUST 31,
Section
II
Interest-Bearing Securities Issued by Federal Agencies but
not Guaranteed by the United States Government
{Par raluva
laauA
(Tu
atatu* 2/ 1*
hom
19'*9
In p«r«nth«tM)
•
la
lUlona
of dollar*}
Treasury Bulletin
36
MAI^KET QUOTATIONS, SEPTIMBEP 30, I9U9
the only publlo marketable Interest-bearing guaranteed
Market quotations shown here are over-the-counter
closing quotations In the New York market for the last
trading day of the month, as reported to the Treasury by
securities outstanding.
Section II lists the publlo
marketable securities Issued by Federal agencies but
the Federal Reserve Bank of New York.
not guaranteed by the United States Government.
listed In Section
I
The securities
Include all public marketable secu-
quotations for the securities
Hated
In Sections
I
Dally
and II
rities Issued or guaranteed by the United States Oovern-
are published monthly in the Treasury Department state-
ment except those not regularly quoted In the meo-ket.
The Issues excluded are postal savings bonds and Fed-
ment,
eral Housing Administration debentures.
Section
I
-
The latter are
Securities Issued or Guaranteed by the United States Government
Table 1.- Treasury Bills (Taxable)
Amount
out-
"Prices and Yields of Publlo Msirketable Securities
Issued by the United States Oovernment and by Federal
Agencies"
Table 2.- Certificates and Notes (Taxable)
:
Sovi-mbcr l'H9
37
MAKKET QUOTATIONS, SZPTDfflEP 30,
Section
I
-
19'«9.
Securities Issued or Guaranteed by the United States Government
Table 4.- Tax-Exempt Bonds
1/
(Prlc* daoljKlj trm i2ai*)
Yl*ld
Aaoimt
Prlc* rang* i/
Chang*
out-
In
Dacorlptlai
• tandlnfl
To
rint
(Mll-
llow)
lut
onth
oall
Chang*
rr<m
Sine*
laau*
date
flnt tnd*d
In 19^9
El«h
lut
Low
ll«b
Bonth
Prlo*
s*u
Sat*
Prlc*
9/30A9
102.03
101.16
102.17
103. 29i
10k. 30J
1/7
1/6
2/8
1/25
103. lOi
10k .06
106.07
109.29
111.02
7/15
8/16
9/9
9/7
9/7
S*t*
Tr*ajury hood*;
»l>91
1,786
1,186
1,627
755
1,U8
725
6Sl
3-1/8*
2-1/2
2-1/2
-
lJ/l5/k9-52
-
12/15A9-53
y
9/15/50-52
2-3A
6/15/51-5''
3
9/15/51-55
12/15/51-53
6/15/53-55
2-1/11
2
2-lA
6/l5/51'-56
2,6U
2-7/8
982
2-3A
3/15/55-60
9/15/56-59
919
l,k85
2-3/1.
6/l5/5a-63
12/15/60-65
2-3A
V
100.17
100.13
101.19
103.06
IOU.05
100.18
100. lU
101.21
103 .08
lou .07
-.07*
-.10
.38*
.38
.78
l-.Oll
.81)
'f.Ol.
.83
*.0k
12/15/3''
115.0''
12/12/IIO
100. 17i
12/15/36
9/15/38
6/15/36
9/15/31
108.28
108.30
110.26
12/lO/kO
113. 2U
12/30/1.0
96.19
99.15
98.16
82.08
3/IOA5
1/26/1.6
101.08
101.19
102.02
98.30
98.10
12/10/1'0
II/I2AI
"•78/37
9/25/39
Vl/37
1/11/32
lA
100 .174
100 I3i
101.20
103.07
10k. 06
9/30
9/30
9/30
9/30
9/30
103 .OlJ
J03.16
5/10
3/8
105.00
108.12
109.00
I/IO
1/3
•
U0.19
1.11
1.17
+.06
+ .03
3/15/35
9/15/36
108.01
107.25
109.29
116.02
116.13
111.19 U1.22
113.03 113.06
1.33
1.U7
+ .02
.00
6/15/38
12/15/38
U7.0I.
119.00
l/^/W
99.15
1/25/1.6
99.1''
9/25/39
9/25/39
112.02
113.19
9/7
9/7
109.0?
109.2k
H^
1/3
118.16 119.16 U9.00
1.25
.00
9/5/U.
75.00
6/18/21
120.08
5/27
118.16
6/29
103 .01 103.03
.81.
lOk.OO
106.00
109.12
.91
.95
103.29
105.29
109.09
110.16
+.01
+.02
12/22/39
+ .02
10/7/1.0
7/22/1.0
1/12/1.6
3/12/1.6
1/12 A6
5/2I./1.0
2/15/1.1
7/2l./lrf)
9/20/35
'•/1/37
y^
P»w,i— Caoal honda
50
6/1/61
3*
6/1/U
131.
footnot** at end of Section II.
Section
II
-
Securities Issued by Federal Agencies but not Guaranteed by the United States Government
Table 1.- Debentures (Taxable): Federal Intermediate Credit Banks
Aaount
out-
atandlng
(millona)
Treasury Bulletin
38
MARKET QUOTATIONS, SEPTEMBEP 30, I9U9
YIELDS OF
TREASURY SECURITIES SEPT 30,1949
Based on Mean
of Closing Bid
and Ask Quotations
\o\vinbi'r i'H^
39
YIELDS OF TREASURY AND CORPORATE BONDS
Table 1.- Average Yields of Long-Term Bonds by Periods
Treasury Bulletin
ko
YIELDS OF TREASURY AND CORPORATE BONDS.
0>
I
* O -
o
o
CD
liJ
o
Q.
(T
O
O
>q:
cn
<
in
CO
«
UJ
C/3
>,
2-
c
o
UJ
0>
o
_l
m
Sowmbor l'H9
INTERNAL REVENUE COLLECTIONS
Table 1.- Summary by Principal Sources
(In Uuniaanda of dollar*)
riaoal JBT
or Bcntb
1/
Treasury Bulletin
1^2
INTERNAL REVENUE COLLECTIONS,
INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES
DOLLARS
Billions
DOLLARS
DOLLARS"
Billions
Blllioni
20
20
Individual
Income Taxes
le
16
16
14
14
12
12
10
10
8
6
"^0
1935
"37
'39
'41
'43
'45
'47
'49
le
.VnrnibcT l'f49
•^3
INTERNAL REVENUE COLLECTIONS.
Table 2.- Detail of Collections by Type of Tax
(In Uunaand* of doU*r*)
Flr*t 2 Bonth* of flecal jear
Flecal /ear
Typ« of t^x
WIS
19*9
191.9
fiecond Month of flecal
f—r
1950
19*9
(Auguat 19*8)
1950
(At«u*t 19*9)
1.5*3,875
l.556,*9l
*5,ai2
Inco— mad profit* taxea:
IMlTldual:
witMxld by •ploTvn
U, 533, 577
10,055.502
8, 392, •'39
8. 38k, 78k
8,8k7,l.69
616, Tjl*
7,363.329
838,238
97,266
168, IkO
*8,750
98,085
V.*59
?'',997,78l
18,051,882
2,781,91*3
2,651,009
i,6kk,kek
1,655.629
8, 86b, 251
10, 50*, 602
836,0112
60k,81>l
68k, 31k
130,657
2.''8,31k
987,2li8
207,295
62,316
17,6*3
305,251
16,233
16
297
2,880
29.631
8
1,012
19U,l495
1,91*
12,981
8
Othsr:
Current 2/
Back
Total IndlTldual InccMe taxae
Corpormtlon;
Inncaa t&xaa:
Current £/
Back
£xc»«a proflta taxaa:
Daclared ralua 3/
FeTenue Act of 19W)
Azvy and NaT? contracta
y
^
Total corporatiCD Inccsa and proflta taxea
Total inocaa and proflta taxas
U0,57''
Ik, 817
1
5*,78e
518
6,556
1
10,17'','"10
11,553,669
7''7,93''
770,201
297,999
276,686
31,172,191
29,605,1.91
3,U69,877
3,k21.209
i,9k2,i.ak
1,932,31;
1,612,721
808,508
1,687,151
226,228
kl.6,501
**5,538
,687
15,3 **
381,610
11,850
321,560
12,*60
1,661,229
1,913,379
1161,188
k6o,ea8
333. *6l
33*. 019
ftiployant taxaa:
Social aacurltor taxae:
Cld 'a^e Inauranca
Unevploymant Inauranca
Total aoclal eacurltj taxaa
Railroad ratlrenant
Total aaplOTBant taxes
I''
560,U3
562,73''
63,k38
62,387
60,692
61, 06k
2,38l,3W
2,1176,113
521., 686
523,269
39*, 153
395,06*
1,723
6,136
8,183
818
322,380
735,761
11.8,358
106,980
1,326
1,160
KlecallaneouB Internal reTenua:
Capital stock tax
6,'
batata tax
01ft tax
Liquor tax**:
Dlatllled apirlta (Ijiported, exclee)
Cletllled apirlta (dcBiatlc, exclee)
Iletllled eplrlta, rectification tax
Wlnaa, cordlale, etc. (laportad, exclee)
Winea, cordlale, etc. (dcaeetlc, eiclee)
Daalar* In dletllled eplrlta; rectlflerei
anufacturera of etllle (epeclal taxea)
StiKpe for dletllled iplriu Intended for export.
Caae etaiQia for dletllled aplrlU bottled In bond
Container etaapa
Floor taxae
Feraented aalt llquora
Brewer*; dealer* In aalt ll«uor* (epeclal tax**).
Total liquor taxaa
Ik
59,673
76,965
60,757
1,863
8,88k
109,965
1,326,261
16,5'.8
18I',923
3'',983
121,773
1,276,175
33,793
8,533
58.ka9
2,U8
29I1
63,33''
8,U10
17,880
198,588
k,603
20*
8,837
8,058
100,00*
3,055
190
*,53*
9,962
10k,05l
2,ka8
112
*,75*
9,500
9,973
5,551
5,*26
1,585
1,619
1
e
1
106
1,81*
26
980
e
71,*3B
9*6
196.273
5, 11.2
7
U.7
12,036
1*1,866
8,755
39
919
7
67,032
659
ia5,083
>,oeo
l.,li30
52
1,655
9
138,387
8,569
2,255,320
8,810,601
363,5*0
366,083
Ii£,6a6
"•5,530
7,632
7,U9
66
59
8
10
7
1
1
1
1,838,728
7,872
81*,5«1
1,122
5,987
12*, 073
35, '•35
215,556
1,119
5,917
8kl
167
U7
90
"•3
697,097
375
U,907
20
686,368
Tobacco taxae:
•
3,862
6
large )
eaall )
Clgarettaa (laree!
Clgarettee (email)
Snuff
Tobacco (cbevln€ and eaoklng)
Cigarette paper* and tubee
Leaf dealer penaltlee etc
Cigarette end cigar floor taxae
5
1,206,199
7,372
37,08k
986
Total tobacco taxee
1,300,280
1,321,875
830,399
228,9*3
127,257
132,1*9
50,771
k6,667
8,6*6
7,B8k
*,106
3.658
80,37*
7,867
17,910
3,0*5
937
687
1,601
«6l
22
1,5*
1^
3,623
97*
37
13,880
U,997
6,390
5.867
C l^are
(
C Ig&re
(
,
Staap tax**:
Bond*, 1**<M* of capital etock, dead* of
canT*7aoce, etc
TraiMfera of capital etock and alxllar Intareet
ealee
Plajli^ calde
surer bullion eal** or tranaf*r*
Total ataap tax**
Footaotaa at and of table.
719
3,397
5
1
2
79,k«<
7,56'.
72,ae6
(Cootlinad on follovlng pag*)
32_
619
7
Treasurij Bulletin
M^
INTERNAL REVENUE COLLECTIONS.
Table 2.- Detail of Collections by Type of Tax-
(Continued)
(In thousands of dollars)
First 2 months of fiscal year
Fiscal year
Type of tax
I9U9
191*8
19"i9
1950
I9I19
Second month of fiscal year
(August
WW)
1950
(August 19l"9)
MlBcellaneous Internal revenue (continued):
Manufacturers* excise taxes;
Lubricating oils
Gasoline
Tlree and tubes
Automobile trucks and buses
Other automobiles and motorcycles
Parts and accessories for automobllea
Electrical energy
Electric, gas, and oil appliances
Electric light bulbs and tubes
Padlo sets, phonographs, components, etc
Phonograph records
Musical Instruments
Mechanical refrigerators, alr-condltlonora, etc.
Matches
Business and store machines
Photograph Ic apparatus
Sporting goods
Firearms shells end cartridges
Pistols and revolvers
,
80,S87
1178,638
159, 28U
91,963
270,958
122,951
69,701
87,858
2'', 936
67,267
7,538
10,573
58,lt73
10,610
32,707
•3,935
18,828
U,277
,
Total manufacturers
'
excise taxes
85a
13,275
10,382
13,71*6
10,81*9
80,935
26,172
1*9,160
6,U83
9,293
77,833
8,738
16,1*62
2,01*6
5,700
669
1,288
6,1*02
1*2,972
10,268
11,702
12,289
19,033
12,718
6,033
8,568
1,996
3,927
273
819
5,500
11,131
11,789
296
1,897
296
5U
5,1*15
2,107
553
91*6
l*,833
19,81*6
1*,925
10,379
810
2,183
120
3,51*0
1,051*
2,659
3,816
1,733
2,1*1*2
6,775
503
1*55
930
279,852
28
300,919
11*1,557
162,316
1U,581*
1,929
16,080
6,605
7,507
1,171
1U,661
6,183
7,807
58,070
32,120
29,822
2,781*
U69,923
1*1*9,211
6U,838
71,21*7
76,171*
ll*,620
13,1*06
8,032
275,255
193,521
18,773
311,380
57,938
39,758
3,168
56,855
221*, 531
1*3,563
38,101*
23,601*
1,1*97
13,290
11*, 839
19,325
251,389
337,030
^,U6l
8,920
1,932
2,551
1U,U66
2,991
UU,62U
51*, 138
1,557
63,219
6,979
5,038
2,163
13,930
l*,5l*l
1*5,762
57,992
1,618
67,U81*
385,81*3
1*8,857
27,790
3,805
21,088
21
3,512
1,735
61
7U_
28,776
11,926
U,086
19,271
U,l*87
7,837
U,o68
25,1*99
8,609
7,991
5,51*2
32,61*1
317,203
9,081
385,101
53,527
1*1,391*
1*3,11*0
61,91*6
21*6,323
1*9,116
33,31*1*
210,688
82,607
93,969
,
153
30,896
21*,
9,268
39,921
29, 6W*
1,812
22,823
28,128
81*7
81*5
3U,312
31*, 1*32
l',509
3,657
2,731
1,120
6,537
2,81*1
6,131*
1,657
3,01*0
55
895
6,958
1
20
9,806
889
17,51*1
815
231*
25,701*
17,1*60
3,078
220
2,595
2,171*
38
1,866
9
11
5
3
2
2
221
-31
1
397
273
1,655,712
1,752,792
317,61*0
180,200
8,311,003
8,381,515
1,1*08,971*
729,278
773,1*1*8
l*l,86U,536
1*0,1*63,119
5,353,1*52
3,065,915
3,100,81*7
-11,051
-155,831*
-706,397
-31*5,889
-380,1*1*6
853, 1*85
1*0,307,285
U, 61*7, 051*
2,720,026
2,720,1*00
Adjustment to Dally Treasury Statement
Total receipts from Internal revenue (Dally Treasury
Stetement)
11,590
16,888
2,767
7,988
669
1,399
33,1*50
22,31*6
86,71*6
79,539
217,899
80,632
91,852
Total retailers* excise taxes
Total IntemAl revenue collections
79,31*7
2ll,512
11*, 932
25,926
18,152
76,107
1,771,533
Miscellaneous taxes
Sugar Act of 1937
Telephone, telegraph, radio, and cable facilities
Local telephone service
Transportation of oil by pipe line
Transportation of persons etc
Transportation of property
Leasee of safe-deposit boxes
Adjnlsslons to theaters, concerts, etc
Admissions to cabarets, roof gardens, etc
Club duee and initiation fees
Bowling alleys, pool tables, etc
Coin operated devices
Adulterated and process or renovated butter, and
filled cheese
Oleomargarine, Including special taxes
Narcotics, Including marihuana and special taxes.
Coconut and other vegetable oils processed
National Firearms Act
All other, Including repealed taxes not shown
separately
Total miscellaneous Internal revenue
12,002
83,688
27,270
1,6'»9,23'*
Petallers' excise taxes:
Furs
Jewelry
Luggage
Toilet preparations
Total miscellaneous taxes
81,760
503,6U7
150,899
136,797
332,812
120,138
1*1,
Source: Daily Treasury Statement for total receipts from Internal revenue;
reports by collectors of internal revenue for collections by type of
tax. Becelpts on the Daily Treasury Statement basis are compiled from
Peports of
the latest dally reports from Government depositaries.
collections do not coincide because of a lag In deposits of collections.
Detail by tax is reported on a collection basis because It is not available on the basis of deposits.
1/ Excludes collections for credit to certain trust accounts for Territories
and insular possessions, etc.; Includes corporation Income tax on Alaska
Railroad.
2/
327,097
1*,
717, 731
Current collectlone conelet in general of taiee paid vlthln twelve
months after the close of the taaable year for which the return waa
filed.
i
^
186,175
Bepealed for years ending after June 30, 19^6.
Repealed for years ending after Decemher 31, -9^'?Under the Vinson Act.
Bepealed for years ending after June 3O, 19^^.
Less than $^00.
.
Sovcmbor 1949
MONETARY 3TATI3TIC3,
Table I.- Money In Circulation
(In mllllona of dollara aloapt aa notad)
Papar aonaj
lod of flical
jaar or Boatli
Total
mor»j In
clrcula*
tlon 1/
Total
papar
Cold
oartlfloataa
Sllrar
oartlfloataa
2/
19'.2
12,383
191.}
17,1.21
22,501.
loik
26,7k6
28,2k5
191.5
I9W
1<*7
Traaaii>7
Unltad
notaa
of 1890
StaUa
notaa
radaral
raaarva
DOtaa
radaral
IWaarva
Sank
ootaa
Rational
bank
notaa
i/
i/
139
132
126
120
9,310
13,7k7
18,750
22,867
23,973
19
58k
597
527
2,025
317
322
322
323
317
1.6k
Uk
1.3
2,061
2,061
2,061
320
321
319
23,999
23,600
23,209
k06
353
309
106
99
93
23,386
23,350
23,213
326
382
319
95
9k
9k
11,600
I6,k92
59
57
l,79l>
21,1.38
25,51.1
26,91.5
51'
•1,588
1,651
26,9M
k8
"•5
52
50
l,6k9
19<.8
28,297
27,903
19*9
27,1.93
26,1.82
26,031.
27,580
27,557
26,138
26,116
Uli
1,978
308
1.3
1,991.
27,1>39
25,991.
1.3
2,013
311
310
27,1.17
1.3
2,053
2,078
2,061
315
318
319
23,11.6
27,1.93
25,967
26,051
26,03U
23,205
23,209
31?
312
309
93
93
93
3"'.
25,91''
1.3
27,393
25,931
U2
27,1.12
25,91.5
1.2
2,050
2,071
2.095
316
317
315
23,130
23,106
23,101
306
302
300
98
91
91
191.9- January
Fatruary.
March
. .
April
May
June
July
Auguat
Saptaabar p.
End of flaoal
yaar or aonth
27,507
27,
1.3
1.3
Treasury Bulletin
1^6
MONETARY STATISTICS.
Table 2.- Monetary Stocks of Gold and Silver
(Dollar amounte In mUllona)
Gold
End of fiscal
year or nsntb
($35 per
fine ounce)
WliS
WliS
i»,306.3
22,736.7
22,387.5
21,173.1
20,213.0
WWi
W"*?
191^
19''1
19l'8
20,269.9
21,266.5
23,532.5
Wlig
2U,lt66.3
I9U9- January
February.
March
It,
298.
3,9l'7.9
3,685.8
3,508.1.
3,525.7
3,571.0
3,618.3
2lt,271.5
3,600.0
3,603.0
3,607.7
12.9
12.9
12.9
3, 612. I*
3,616.5
3,618.3
12.9
12.9
12.9
520.0
3,628.1.
2lt,607.9
3,626.3
3,628.6
12.9
12.8
12.9
2U,289.8
. .
Ratio of SllTer
to gold and
silver In
monetary stocks
(In percent)
SllTer
($1.29+ per
fine ounce)
2l»,3lU.l
April
May
June
21*, 331.
July
August
September p.
2lt,
211,31*2.3
2U,li66.3
2U,601.8
Circulation Statement of U. S. Money; Dally Treasury Statement
for preliminary figures. For detail of silver monetary stock, see Table U.
Preliminary.
Table 3.- Gold Assets and Liabilities of the Treasury
(In millions of dollars)
Liabilities
End of calendar
year or month
Sold aasete
Gold certificates i/
Oold reserve
a^jalnst U. 3.
notes, etc. 2/
Exchange
Stabllltatlon
Fund i/
Cold In
General Fund
156.0
156.0
156.0
156.0
156.0
1,800.0
1,800.0
1,800.0
1,800.0
1,800.0
1,800.0
23,010.0
156.0
156.0
156.0
23,068.9
23,088.7
23,119.9
156.0
156.0
156.0
1,01*6.5
1,01*5.0
2l.,3lU.l
April
May
June
2l.,331.7
23,11.2.1.
211,31.2.3
23,159.3
23,287.8
156.0
156.0
156.0
1,033.2
1,027.0
1,022.5
July
August
September p.
21.,
156.0
156.0
156.0
1,036.6
I9I.I
I9I.2
20,561..
191''.
22,736.1
22,726.3
21,937.8
20,618.8
191.5
20,0611.9
17,911..
191.6
20,529.0
22,753.9
21,51*1' .0
21., 21*3 .9
21., 271.
19''3
191.7
I9I.8
I9U9- January
February.
March
. .
21., 289.
24,1.66.3
520.0
20,611.9
19,821.0
18,1.97.1.
18,1*30.5
21., 607.
23,327.1*
23, 1*01. .3
21., 601.
23,392.2
circulation Statement of U. S. Money; Dally Treasury Statement for
preliminary figures.
Comprleee (1) gold certificates held by the public and In Federa.\
Bessrve Banks; and (2) gold certificate credits in (a) the gold
certificate fund - Soard of Governors, Federal Beeerve System, and
2/
2/
p
215.3
158.U
160.7
165.1.
191*. 8
11*2.1*
1,053.9
1,077.9
1,038.2
1,01*7.6
1,053.6
(b) the redemption fund • Federal Beeerve notes.
Beserve against United States notee and Treaaury notes of 1890.
Excludes gold In active portion of Exchange Stabilisation Fund,
Preliminary.
]'H9
.\cni'/jibt'r
I*?
MONETARY STATISTICS,
Table 4.- Components of Sliver Monetary Stock
(In
alUlom
SUtmt IwU
of
Scouring allToOTtlf lo«t««
Ind of o&landu*
7*«r or aonth
SllTW
8ub*ldlU7
coin j/
dollar*
I,k76.1
i,5i6.a
i.jeo.o
1,580.1
1,703.9
*8*.l
*6«.3
*00.*
376.5
356.*
3.5
9.8
1*.*
12.5
10.2
1,911.8
1,937.6
1,971.5
3*3.*
337.8
388.1
1*.0
13.1
5.9
1,97*.
1,976.9
1,979.5
388.2
327.9
387.8
8.*
9.6
13.1
April
M«7
Jun*
1,985.7
1,985.3
1,988.6
387.5
386.9
386.3
1*.0
16.0
15.*
Julj
August
Soptaalwr
1,989.2
1,992.*
1,995.7
385.3
32* .1
383.*
1*.9
1*.3
13.6
19W
19*3
19W.
19*5
19«
19*7
19*8
19*9-Januax7
f ebruary
March
Souroa:
X/
2/
.
.
.
p.
8UT«r
outaM*
In 0«n*ral fund
y
81lT«r
bullion iJ
i9»l
doIUn)
TrM«ur7
tn
Clrculatlco Stataaant of U, 3. Man*/; Daily Traaaur/ Stataasnt for
cartAln prallalnaxr fl^uroa.
Valued at II. 29-^ par fine ounca.
Inoludaa allrar held by cartAln a^onclaa of tho Federal OoTemaent
(aae Dalljr Treaaury Stataaent for aaount). Does not Inolude allrer
land-laaaad to forel^ gOTeniBsnta
(theaa tranaactlona all took
place durlne the flac&l year* 19*8 through 19*6. s«* 19*6 Annu&l
Bull loo for
ncolnx*
>>/
Bubaldlarj
63.0
78.8
96.8
fT
rta*
*,2**.S
*, 317.6
*.207.3
3,870.6
3,512.8
137.5
93.1
91.1
89.3
150.1
156.3
165.0
901.1
928.7
971.5
3, 51* .2
88.9
89.0
89.3
16* .9
165.2
165.3
970.7
970.8
970.8
3,600.0
3,603.0
3,607.7
.3
89.3
89.3
88.3
163.6
166.1
166.6
972.1
9T3.2
97* .1
3,612.*
3,616.5
3,618.3
.3
90.8
3,6a.k
91.2
90.6
167.6
168.7
169.5
97*^
.3
97?.*
976.5
3.686.3
3,628.6
.1
.1
.1
.2
.3
p
•
aiiTOT
dollar* iJ
*93.5
587.3
68*.
771.6
8*6.7
.1
4/
BulllOB
«t oo»t 2/
662.3
628.2
551.8
*05.6
185.6
19.1
1/
Total
allTor
at «1.29*
Tr»««ur7
U7.5
3,5*7.9
3,596.7
Report of the Secretary of the Tr*aaury for aaovsta).
Valued at tl.38* par fine ounce.
Valued at $1.3^ per fin* ounce or at II. 29-* per fin* ounc* accord
Ing to whether the bullion la held for recolnage of aubeldlary
ellTer colna or for recolnage of atandard allrar dollara.
Preliminary.
Leaa than 1^,000.
Table 5.- Silver Production In the United States and Acquisitions by Mints and Assay Offices^
(In allllona of ouncea or dollar*)
Calendar yaar
or aonth
surer acquired
surer
production In
Onltad Stataa
l*vly Blntfd da
Ur*r
by Bint* and aaaay office*
Hollar*
19*1
19*2
19*3
19**
19*5
71.1
55.9
*0.8
35.7
19*6
19*7
19*8
21.*
36.1
36.1
T0.5
*7.9
5.5
72.6
1*.3
50.1
3*.0
3.9
AprU
May
July....
Auguat. .
Bovroe:
X/
2/
27.1
6.0
Ouao**
1*3.1
62.1
5.5
77.2
*0.0
3.9
a
89-3
19*9 -January .
february.
March
Total
rorelgn allrar i/
2/
•
*.9
30.3 */
36.8
*.*
27.* */
33.3
9
*.9
30.3
36.8
;
*.*
87.* */
33.
2.8
2.8
2.7
2.8
2.3
3.7
2.6
2.1
3.3
2.8
2.J
3.7
2.6
2.1
3.3
3.6
2.7
3.1
3.1
1.7
2.8
2.8
1.5
3.1
1.7
2.8
2.8
1.5
3.2
3.0
2.9
2.8
3.2
3.0
2.9
2.6
2.3
2.9
;
Amiual flgur** froa tta* Bvrvao of th* Mint. Ncothly flgur** en 0. S.
llrar production froa relaaaaa of th* Aa*rlcan tar«au of MatAl
Btatlatlca; theaa vlll not agree vlth the annual flgurea.
for Inforaaticn on allrer production In other countrlea, eee annual
report* of the Clrector of the Mint. Data frca 1933 through 19*1
ar* aiHarliad In the Treaaury Bulletin* for Auguat 19*3, P*g* 7*.
Aoqulnd at 6*. 6* cent* par flna ounce until April 9, 1935; at 71.11
oanta p*r fin* ounce frca that data imtll April 23, 1935) at 77.57 cent*
p*r fin* ounc* frca April 23, 1935, to December 31, 1937; at 6* .6* cenu
31
3.3
•
par fin* ounc* frca D*o*ab«r 31, 1937, to July 1, 1939; at
71.11 oanta par fin* mas* trim July 1, 1939, to Jaly 2, 19*6)
and at 90.5 oanta par flna ounce alnce July 2, 19*6.
Acquired at rarloua prleee areraglng approzlaataly ;i c«nt* par
fin* omc*.
Includ** 0.2 allllcn o\sie** ralu*d at 71.11 cant* per fin*
ounc* totalll>« 10.2 allllcn, and 30.1 allllCB ooioee raluad
at 90.5 cent* per fin* owe* totalling 127.2 Ulloo.
Ua* than 50,000 ounc** or 150,000.
r
!i*rla*d.
X/
*/
ks
Treasury Bulletin
MONETARY STATISTICS.
Table 6.- Seigniorage on Silver
(CumulatlTe from January 1, 193^
-
in mllllcnB of dollars)
Sources of seigniorage on silver bullion revalued l/
End of calendar
year or month
Seigniorage
on colne
(silver and
minor)
1935
1936
1937
1938
1939
18.5
U6.1
63.7
69.5
91.7
19UO
19^*1
128.2
182.1
191*2
2I15.7
,
,
299.6
362.3
19»*3
I9W*
19i*5
MlBc. silver
(incl. silver
bullion held
June lU, I93U)
Potential
seigniorage on
silver bullion
at cost In
General Fund 2/
71.
1*8.7
87.3
U.2
U8.7
U8.7
U8.7
87.6
87.6
87.6
87.6
87.6
25.7
U8.3
63.6
65.3
65.1.
87.6
87.6
87.6
87.6
65.5
66.5
.6
701.6
832.1
832.1
832.2
87.6
87.6
87.6
85.6
86.2
87.0
832.2
832.2
832.2
31..
1,089.1.
127.8
127.1
3I..7
1,090.2
127.1.
87.6
87.6
87.6
88.0
88.8
89.7
832.2
832.2
832.2
311.7
31..
1,091.2
1,092.0
1,092.9
125.3
12U.9
122.2
31..
1,093.1
126,
3I..7
1,091..
121..
91.9
832.2
832.2
832.2
31..
1,095.1
123
1.3.7
1.8.7
1.8.7
561.6
562.9
566.0
1.8.7
February .
March
April
May
June
568.1
571.0
572.2
U8.7
July
August. . .
September
572.2
572.7
573.8
1.8.7
Source:
1/
(Proc, of
Aus. 9, 193»*)
Total
seigniorage
on silver
revalued
U8.7
U8.7
191*9- January...
193"*
Nationalized
silver
16.8
36.0
58.0
U8.7
520.5
559.2
,
Silver Purchase Act
of June 19,
1(8.7
US.
''29.5
'»91.9
19U6
19^7
19U8
Newly mined
silver (Proc.
Dec. 21, 1933)
Newly mined
sliver (Act
July 6, 1939,
and
July 31, 19^)
1.8.7
1.8.7
1.8.7
1.8.7
1.8.7
1.8.7
U8.7
1.8.7
.9
87.6
87.6
87.6
Office of the Treaeuror of the United States.
These Items represent the difference between the cost value and
the monetary value of silver bullion revalued ajjd held to secure
71..
81.
2/
226.2
302.7
31..5
326.2
271. .9
31..
1.22.1
397.5
366,
3'..7
51.1.6
1.57.
31..
530,
3'..7
508.1
616.0
705.6
562.7
31..
759.1.
580.1.
31..
584.3
31..
581..
31..
58U.3
31..
799.7
818.9
820.6
820.7
938.1
1,069.6
1,077.6
1,087.8
31..
3'..7
31..
31.
.7
1,088.8
31..
758.8
950.6
1,055.8
1,089.0
1,01.8.2
967.3
717.3
333.2
161.2
11.6.8
129.9
silver certificates.
The figures In this column are not cumulative; as the amount of
bullion held changes , the potential seigniorage thereon changes
Table 7.- Increment Resulting from the Reduction In the Weight
of the Gold Dollar, September 30, 1949
Exchange Stabilization Fund
Payments to Federal Reserve Banks for Industrial loans.
Allocations of
increment
Charges against
increment
$2,000,000,000.00
$2,000,000,000.00
139,299,556.99
27,51.6,310.97
Philippine currency reserve
23,862,750.78
Melting losses on gold coin
2,175,121.93
1,8511,011.23
645,387,965.1.5
645, 387, 965. '.5
Retirement of national bank notes
Unaes Igned
Total Increment
Source:
Office of the Treasurer of the United States.
$111,753,246.02
23,862,750.78
321,110.70
8,441,857.02
8,41.1,657.02
2,819,167,252.17
Unexpended balance of
Increment
2,674,788,287.65
144,378,964.52
Sovftnber 1^)49
U9
EXCHANGE STABILIZATION FUND
Table 1.- Balance Sheet as of June 30, IMS, and June 30,
IMS
JuM
Juna 30, 19kS
30, 19k9
Cub:
Trvaaurer of the Unlt«d Statoa, cheoklcg account...
6,881,551.63
»7,l"i9, 798.88
redoraj, Raaarra Bank of Nov York, apecial account..
Dlaburalne offlcara' balancee and adrfuv^e accounta.
11,556,338.78
51,958.320.52
TotAl caah.
Special accounta of Sacrvtarr of tha Trvaaurj In
Fadaral Paaorra Bank of IVav York:
Spaclal account No. 1, gold
Dua frca foreign banks (forel^ axchan^):
Svlee franca
Mexican paaoa
Ind 1 an riipeeo
Pakistan rupeee
29, 082. 7k
31,9*7.01.
»18, 1.69, 857. k5
»59,136,20e.lk
208,1.33,875.21
170,932,*7k.35
87,250.10
37,138,369.86
Ik, 970, 909. 18
3,'>79, 376.36
377, 992.
37,000,000.00
19,688,618.8k
Total due froa forel^ bank*
ZnTestaant« In Ohlted Statea GorenaMnt aecurltlaa.
Aoomed Intereat raoalTabla
57,066,610.95
55,675,905.50
20,000,000.00
20,000,000.00
82,936.11
Accounta recelrabla
82, 936.
2.77
Other accounta (daferreA chaTgaa)
15.00
Ccaaodlt; aslaa cootracte (deferred ohangea)
2,636.00
Total aaaeta.
305,827,518.10
30«i, 055,933 ."•9
Llatllltlea and capital:
Accounts pajable:
Vouchers peorable
Kaployeee* paj-roll allotment account. United Statee
aarlnga booda
Withholding taxes
t>ue on purchaaea
Mlscellaneoua
6,716.75
6,6k9.25
1,587.13
l,Ok9.59
2,866, 1.95.U
2,617,152.31
-
95,"^. 55
Total accounta pajrable
Peaerre for azpanaaa and oontlsgenclei (net).
Capital account
Deduct • Subacrlptlon to International Monetary rund
let InccM
2,000,000,000.00
1,800,000,000.00
(See Table 2.)
2,87"t. 738.99
2,720,253.70
12,865,503.96
12,980,116. W9
200,000,000.00
88,315,690.5^
Total llabilitlaa and capital
30U, 055,933
Axmual balance aheete for flacal yeara 193k through 19k0 appear In the
"Annual Report of the Secretary of the Treaaurr" for 19kO and thoas for
Bucceedlne yeara appear In aubaa^uent reporta
Quarterly balance aheeta
.
.'•9
2,000,000,000.00
1,800,000,000.00
200,000,000.00
90,127,087.91
305,827,518.10
beginning vith that for Deoaber 31, I938, bare been publlahed In
the "Treaaury Bulletin'.
Treasury Bulletin
50
EXCHANGE STABILIZATION FUND
Table 2.- Income and Expense
ClaBslfloatlon l/
January 31, 193'i, through
Juna 30, 19U8
January 31, 193'', through
June 30, 19''9
IncGpe;
$310,638.09
$310,638.09
351,527.60
351,527.60
ProfltB on gold Imlllon (Including proflta frCB handling chargaa on gold).
37,810,1*70.37
39,971, ''63. 53
Prof Ita on other gold and oxchange tranaactlone
UO, 000, 000. 00
UO, 000, 000.00
105,371.27
102,735.27
Proflta on aale of ellrer huUlon to Treaaury (natlonalltad)
3, ''73, 362.29
3,''73,362.29
Proflta on Inreelaaanta
1,876,790.55
1,876,790.55
6,198,066.89
6,698,066.89
Profltfl on British sterllag txana act lone
Profits on French franc transactiona
Proflta on allTer tranaactlone
Intareat on InTeatmsnte
800,U66.15
800, ''66. 15
Intar«et earned on foreign halancee
1,732,970.87
2,287,970.87
Intereat earned on Chineee yijan
1,975,317.07
1,975,317.07
911,63k, 981. 15
97,81.8,338.31
'•,076,730.83
5,237,112.57
MlBoellanaoTia proflta
Total InoGsae.
Expense:
Personal eervlcee
Travel
235,830.27
289,6113.87
Tranaportatlon of things.
5811,981. bit
612,020.39
Coamunl cations
''77,636.97
503,996.16
Supplies and materlala .
.
Other
Total expense.
1/
Effective July 1, 191.8, classifications of expense vers changed to
conform with those contained In Budget-Treasury Regulation Number 1.
58,038.99
71,01.6.67
886, 072.
1,007,1.30.7''
6,319,290.61
7,721,250.1)0
88,315,690.5''
90,127,087.91
Flguree for earlier periods have heen reclaaelfled accordingly.
Scwmbcr l'H9
51
CAPITAL MOVEMENTS.
Monthly data relating to capital aoTaasnti batwaan
the United States and foreign countries as reported by
October I9U9 Issue of the 'Treaiury Bulletin*, and the
figures shown covered the period by quarters from September 30, 191*6, through December 31, I9U8.
Later In-
bankers, and brokers throughout the United 3tatei
are published regularly In the "Treasury Bulletin*.
banks,
formation will appear at intervals in subsequent Issues.
These appear In the first four aeotlons of 'Capital
Movdsents*. Supplementary data are preeented fron time
to time In
Transactions of these nonfinanolal concerns repre-
Section V.
Section
I
sent a minor part of tbs total flow of short-tera capital between the United States and foreign countries.
The data relating to then are not included in the monthly
series appearing In the "Treasury Bulletin", but have
contains the historical aumiiary of principal
types of monthly data on capital moTsmants, beginning
with 19)5
when the Information was first compiled.
Each type Is th«i broken down into its ohlef oomponants
In the sane ohronologloal detail.
Section II supplies
a summary by oountrles, showing a geographic breakdown
for recent months of the same principal aeries and most
of the sane c caponente.
Foreign debit and credit balances In brokerage accounts also are showi by countries.
been used regularly by the Department of Coaaerce In the
balance of International transaction* of the United States,
whloh is compiled on a quarterly and annual basis. This
series of data comprises principally accounts, notes,
and drafts receivable and payable but Includes also deposits with banks abroad In the reporter's own name and
other claims on and liabilities to foreigners maturing
In one year or less.
Excluded from these reports are
the claims on and liabilities to "allied organltatlons'
abroad, for whloh reports are aade to the Department of
Commerce,
Section III presents data by countries for certain
components of total short-term claims and liabilities
and total long-term security transactions.
This information is given for the latest month for which final
figures are available,
Slxllar Information for the
latest month for whloh preliminary figures are available
Section IV contains data
is presented in Section III A.
for recent months on outstanding c(n tracts of banks for
forward purchases and sales of foreign exchange.
Section V presents, in Table
1,
Reports both from the banks, bankers, and broksrs
and from the nonfinanolal oonoern* are oollected, checked,
and tabulated by the twelve Federal Reserve Banks, The
totals are then forwarded to the Treaeury Department
for consolidation and publication.
Publication of detailed figures in the monthly
series on capital movements was discontinued between
the March 191*2 and the November I9U3 Issues of the
data by countries
on short-term claims on and liabilities to foreigners
as reported quarterly by exporters, importers, and industrial and comaerolal concerns in the United States,
This Infomatlon was published for the first time In the
Section
"Treasury Bulletin", but data omitted during that period
were supplied in the November
-
I
issue and supplement.
191*5
Historical Sunnary
Table 1.- Net Capital Movement between the United States and Foreign Countries
(In thoaeaiidj of dollars; negatlTe
tigam
ladloat* a net outflow of capital Tram the Onlttd 8t«t««)
Aaaljila of net oapltal warm
C&laodar xear
or Knth
Rot capital
iTitat
Short-tera
K^nirtwQ funds
b'otera^
^alaaoes
Tranaaotloaa
In dflaaetlo
seem ties
otloa
In ror«l«D
SeCMTltlM
1935-''l
5,35*,071
3,770,922
100,870
626,731
8J9,9*«
19*2
19*3
19U>
19*5
626,121
1,286,893
*«1.35*
l,(m,3T?
583,373
1,168,058
1*8,59*
l,2i6,303
3,513
,372
1:,529
17,79*
*6,599
27,767
810,735
-113,105
-7,36*
77,696
93.*96
-*6,617
-793,32*
325,663
2»5,*1T
-733,909
395,52*
531,777
9,66J
-U,318
-33*,203
-97,555
•198,819
265,127
39,018
*1,955
21,799
I9W
19*7
19*8
19*9 (J«n. l-Aug. 31)p.
19*9- Jsnuerr
fatmarj
MuTh
AprU
)tey
JnU P
August p
p
Pmialnarr.
r
Bnlead.
..
-19,313
-38, k5*
-98,519
-3,689
98,*69
«8,*«9
-78,*3a
193,050
55,729
-66,955
-8,817
-2,8X6
*,5e8
-36,208
-123,062
93,770
-128, *ia
66.996
I
-*0,3**
-132,680
81,036
-153,288
-35,133
1
-3,70*
-3,80a r
1,180
1,*>2
1,696
-U»,959
-9*, 832
7,966
7,68*
*.791
1,3*6
-17,689
8,888
9,07*
1,*96
5,618
*,39e
10,098
23,188
93,286
6,176
7,1*7
Treasury Bulletin
52
.CAPITAL MOVEMENTS.
Section
I
-
Historical Suimiary
Table 2.- Short-Term Claims on and Liabilities to Foreigners
(Position at end of period In thouaande of dollars)
Short-term liabilities to foreigners
Short-term claims on foreigners
Payable in dollars
End of calendar
year or month
Payable
In
foreign
currencies
Payable
2U6,673
257,929
30,916
31*, 387
72,01.8
19'>3
86,378
11.3,709
137,161.
329,69't
51.
.603
105,1.21
169,670
WUJ
392,766
708,253
1.7,1.89
100,267
319,639
21.5,010
290,1.95
205, 389
5, 371., 903
5,596,775
6,883,068
6,U8o,262
9U8,936
1,018,700
165, 1*39
292,866
361,197
1.90,631
557,132
19"^
19^1
19't8
,
19U9- January .
February,
March
April
May
June
.
. .
.
. .
July p..
August p.
98,119
100,371
In
Deposits
of
foreigners
Loans to
foreign
banks
19UU
igiis
Net
Payable In dollars
foreign
currencies
short- term
liabilities
.,91.6,621.
668,168
1,222,580
1,218,633
1,910,898
U,693,911
1,71.5,722
1.0,629
5,772,009
7,116,1.19
11,809,21.5
2,257,510
1.9,661.
6,167,1*83
7,717,960
5,209,820
2,1.37,751
70,389
6,699,260
6,892,310
3,523,328
1*,
l.,13l.,U12
1.,
356, 501
3,958,716
13,893
17,911
5,116,971.
21,61.1
5,267,081
25,51^
6,1.90,302
97,351.
97,1.63
332,029
333,763
566,757
565,881
7,888,1.50
5,225,1.30
997,107
983,008
7,91.5,11*6
5,226,812
2,596,U39
2,652,076
66,581
66,258
105,865
329,721.
51.7, 1.19
7,86U,092
5,081., 791.
2, 711., 566
61*,
9115,523
S7li,088
82,615
7,582,11.8 r
7,637,571.
5,032,161
U, 821, 892 r
.,873,826
62,866
65,187 r
77,517
539,935
519,762
520,205
2,691,236
2,695,069 r
81.8,1.78
322,973
271,180
250,756
7,786,263
83,11.6
2, 691*, 531.
69,2m
6,708,060 r
6,789,096
838,960
790,217
77,808
71., 662
21.1,558
519,591.
1.96,395
7,1.68,988
1.,
6,630,028
1.,
2,693,578
2,558,128
63,21.6
7,385,112
72,908
6,59l*,e95
996,11*0
219,160
712, 161*
7511,076
732
6,91.8,039
6,881,081.
6,81.0,71.0
Preliminary,
Revised
p
r
Table 3.- Net Movements of Short-Term Banking Funds
(In thousands of dollars; negative figures Indicate a net outflow of capital from the United States)
Short-term liabilities
Short-term claims
Calendar year
or month
Payable
In
foreign
currencies
1935-lH
191.2
19113
191*1.
191.5
19I.6
191*7
191.8
191.9
(Jan. 1-Au«. 3l)p.
I9I.9- January
February
March
p
r
Loans to
foreign
banks
307,187
15,933
6,1.09
1.22,711
20,671
60,899
-3,1.71
-ll.,330
6,51*5
-20,216
-19,01.3
5,151.
-32,506
7,111.
-315,1.87
-21.0,683
-69,761.
-50,630
-67,320
65,068
-219,372
26,773
-68,331
229,886
22,560
-967
It, 099
25,709
11*2,1*37
3,017
-109
29,168
-75,31*0
-1.5,1.85
-200,136
-66,501
61,71.0
Payable
In
foreign
currencies
Deposits
of
foreigners
-37,51*2
620,881.
55lt,ltl2
l.,0l8
3,770,922
583,373
1,168,058
220,576
583,205
-3,9lt7
692,265
3,730
3,905
1,216,303
2,806,001
105,607
220,359
1,279,375
-Ul8,U22
636,207
-268,851*
115,3S1<
1.00,575
601,51.1
-li57,0Ul*
-328,1.05
180,21.1
170,1.90
56,696
15,610
1,382
158,688
55,637
-81,051.
-11*2,018
62,1*90
23,250
-531
5,629
6,751
51,793
7,1*81*
20,173
-77,329
-201,115
20,1.21.
-1*1*3
55,1.26
51,9311
9,598
22,398
1,611*
-l61.,llt3
-162,962
-956
23,199
-83,876
1.1,912
-135,1*50
10,^1
-291
1.8,71.3
3,llt6
8,262
120,377
-9,625
876
July p
August p
15,083
9,035
20,725
511,788
18,1*62
-52,633
-210,269 r
-5,102
-161*, 651
-1,731*
l.,039
I
Net movement of
short-term
banking
funds
266,156
385,365
3,0311,615
1.85,870
1,179,311»
-8,1.02
37,1.85
71,1.35
25,610
Payable In dollars
Other
736,307
97,503
-11,256
-71,765
-63,072
April
May
June
Preliminary,
Eevleed.
Payable In doUara
-23,330
3,833
-535
-3,808
-323
-1,526
I
-1,866
2,321 r
lU8,59l*
-733,909
395,521.
531,777
-98,519
193,050
55,729
-66,955
-1*0,31.1.
'1.027
-132 680
81,036
-225
9,662
-153,222
-35,133
I
Sovcmbor
53
i'^i49
CAPITAL MOVEMENTS
Section
I
-
Historical Summary
Table 4.- Purchases and Sales of Long-Term Domestic Securities by Foreigners
(In UiouMiid* of dollar*; n«catlr« fl^urra Indicate a nat outflov of capital froa tba Unltad Stataa)
DoBaatlo atocka
Calendar jaar
or Bonth
Dcaaatlc bonda
Nat
purohaaaa
Purohaaaa
WSS-W
*30,2k5
96,383
151,639
19W
-kU,365 i/
81.1,610 1/
396,7681/
260,223
75.k88
19* ,616
171, k32
357,655
20,895
-ka,977
-3k, 579
-97,k32
I6k,2l8
2kl,299
513,558
377,717
19*6
19*7
19*8
367,6*9
226,089
369,736
k32,109
376,67k
51k, 059
-6k,k60
-150,585
-l*k,323
*lk,it70
19*9 (Jan. l-Aug. 31)p.
l88,*6o
193,505
27,708
18,732
19*3
19U>
19k?
136, 8J3
19*9- January
Fabruary
March
1/
19,305
Rat
purchaa*
Purohaaaa
*92,*20 1/
138,51k
170,555
268, 2kl.
393,390
-95,652 1/
25,70k
70,7kk
2*5,31*
-15,673
Total
purohaaaa
Total
aalaa
lat purchaaaa
of dcaaatlo
aactirltlaa
9,322,066
260,601
392,938
650, kll
637, 9k0
8,695,335
21k, 002
365,171
k39,6T6
751,Ok5
626,731
k6,599
27,767
210,735
-113,105
336,305
28e,kl5
68k, 213
283,275
330,307
-269,7*3
53,030
-k7,e92
782,119
562,39k
652,151
1,116,328
659,9k9
8**, 366
-33*,203
-97,555
-192,215
-5,0k5
309,333
262,333
k7,000
k97,793
*55,838
*1,955
23,290
19,987
26,0*k
k.klB
-1,255
-6,739
22,277
26,730
37,6k8
129,250
17,909
23,225
-106,973
8,821
lk,k23
k9,985
k5,k62
56,953
152,5*0
37,896
*9,269
-102,555
7,566
7,68*
April
Maj
June
2*. 375
29,788
21,590
25,2k3
26,2qO
23,390
-868
3,k98
-1,800
19,339
25,k69
32,8*9
l6,2k9
19,393
29,553
3,090
5,576
3,296
k3,71k
55,257
5*,*39
kl,k92
k6,ie3
58,9*3
2,222
9,07k
1,*96
Julj p
Auguat p
21,*73
25,*89
20,k36
28,825
1,037
-3,336
36,209
108,812
Ik, 06k
22,lk5
96,622
57,682
3k, 500
13k, 30i
kl,015
23,182
93,286
January k, 19I1O, through Drcaaher 31, 19*1; the breakdovn betveen stocks and
bonds la not aTallabla for oarllor jeare.
12,190
p
PrellAlnary.
Table 5.- Purchases and Sales of Long-Term Foreign Securities by Foreigners
(In thousands of dollara; negatlre figures Indicate a net outflov of caplta.1 froa the United States)
Foreign atooka
Calendar /ear
or Bonth
I
Purohaaaa
Sales
23,278
26,601
37,328
n.a.
19,791
22,078
5*,789
19*6
19*7
19*8
65,2*7
57,118
81,715
65,610
*2,558
96,7**
19*9 (Jan. l-Aug. 31) p.
*8,292
Purchaa as
n.a.
n.a.
556,056
676, 8k7
388,168
265,127
39,012
-9*, 832
11,*90
210,083
168,28*
81,799
*,90*
-6k9
-19,257
20,997
17,502
20,507
16,206
16,156
38,196
*,791
1,3*6
1*,*62
8,560
12,221
33,719
22,596
19,130
k5,5*8
21,090
15,506
36.795
1,506
3,62k
2k, 786
8,793
30,kOk
23,915
50,285
15,k96
19,*63
9,09*
13,896
6,*02
6,167
20,810
25,603
Ik ,63*
372,158
225,289
3*7,269
7*, 209
88,973
-29.156
-363
Ik, 560
k90,kl46
265, k90
-15,029
755,936
658,7kl
211,621
63k, 289
291, k2k
2k,k52
-79,803
37,983
10,309
161,731
150, 2kl
7,533
5,930
6,0*5
7,6*6
3,935
k,k77
-113
1,995
1,568
13,*6*
April
K«J
June
7,808
*,785
*,T37
3,696
k,057
k,112
728
1,265
July p
August p
5,31*
5,5*0
5,160
-226
6,lko
960
Ret purchaaaa
of foralgQ
aecurltlaa
821,183
715,859
293,336
318,113
3,*72
Total
aalaa
895,5*8
-7,36*
77,696
93,*96
-*6,6l7
Ul;6,367
31k, 262
Hot arallable.
Prallalnary.
Total
purchases
,152,6*0
227,897
391,9*9
8*7,367
*08,058
n.a.
3,k87
k,523
-17,k6l
19*9-Januar7
Pebruai?
March
P
Ret
purchaaa
*, 008, 188
193?-*1
19*2
19*3
19**
19*5
n.a.
foreign beads
Ret
purchaaaa
U,572
220,533
*69,6k5
3*0,863
355,**1
19,563
*0,227
I8,k56
-17,6^
5,618
k,352
10,058
6,176
7,lk7
'
I
Treasury Bulletin
5^
.CAPITAL MOVEMENTS.
Section II
-
Summary by Countries
Table 1.- Net Kk)vement of Capital and of Siort-Term Banking Funds
(In thousuidi of dollars; aegatlre flguTAs Indicate a net
Sowmbor
l')-i9
55
CAPITAL MOVEMENTS.
Section
II
-
Sumnary by Countrlea
Table 2.- Net Movement In Brokerage Balances and LonB-Term Security Transactions by Foreigners
(Ib thotttjndi of ai>ll»ri; ii»c«tlT« flfor*! lBdl8»t« « a»\ ontflow of <i«plt«l fro« th« Ottlnd »t«t»i or t»\
Count rr
laUt bj forolfaori)
Treasury Bulletin
56
CAPITAL UOVEHENTS
Section II
-
Summary by Countrlei
Table 3.- Short-Term Claims on and Liabilities to Foreigners
(Position at •ad of month In thouiftnde of dollart)
LlabUUlee
Claime on foreigners
Oonnti7
I9U9
April
Jul^' p
Juna
Maor
AuguBt p
liirop»i
United Kingdom.
to
foreigners
19lt9
17,027
86,930
18,887
20,1*60
1,057
858
It,
859
29,893
April
May
June
1U,900
69,276
It37,779
180,859
355,631* r
iei*,2?7
1*10,1*75
19lt,29lt
13,61*1
11*8,131
11*2,1*20
123,995
1,032
5,512
29,679
1*0,557
17,1*26
33,658
17,718
159,915
32,778
18,176
160,036
18,030
Uli,376
31,566
88,105
16,I<78
18,271*
1,1*30
865
U,898
29,789
29,766
800
23,055
993
1,1*1*0
7ltU
30,318
29,758
28,1*62
23,11*7
27,081*
26,1*21*
391*, 086
376, 8U3
381*,317
12
33
107
169
21,111
138
11*, 31*1
11*, 1*11*
11,509
8,327
11,820
8,692
lt,179
5,959
7,9lt3
1*67
8,058
502
107,923
82,951
1*98
732
8,569
512
1*1*5
39,31*0
33,1*1*5
33,032
Buaanla
Spain
Sweden
18
2,829
1,395
7
6
7
l*,ia2
3,3^
6,527
12,795
1,506
1,522
1,391
1*9,876
6,973
13,312
56,957
6,881*
'',758
1,1*05
5
2,1*50
9,818
55,827
Svltierland.
s. s. H...
TogoslaTla.
Other Surope
7,110
6,178
6,261
6,357
6,180
2
583, U29
571,1*89
6
6
17,1*86
11*, 122
10,663
6,019
108,820
12,369
6,816
106,171
Total Suropa.
257,108
21*1*, 81*0
3'',150
franoe
BelfluB
Sennark
Finland
Oarmany y.
3,862
29,550
1,0U2
dreaoe
Italy
Loxembourf
Hetherlanda ....
Vorway
Portugal
Canada.
Latin America:
Argentina.
Bolivia
Brazil
Chile
Colombia.
Costa Elca.
.
Indies and Oolana.
Netherlands Vest Indies and
Surinam
Panama
Peru
111,958
71*, 021 r
11*, 229
120,897
69,01*6
13,159
10,970
598,737
13,707
7,333
101,968
225,619
221*, 307
191,378
2,lt7<i,7'*3
35,038
33,912
32,598
3l*,357
816,206
796,1*38
57,987
2,508
175,293
58,862
2,597
159,531
57,555
2,979
55,529
56,11*1*
221*, 977
2,71*6
155,01*7
158,932
2,196
160,537
11*, 780
126,898
227,366
15,372
117,173
229,781
lit, 761
115,923
Ik, 992
32,01*9
12,528
10,891*
32,11*1
11,835
2l»,376
2,932
2,560
12,190
37,689
2,529
2,9U7
3,015
62,570
39,375
10,672
5lt,790
lt5,713
7,lt89
56,330
51,899
6,611
79,321
16
71* ,677
20,618
20,298
29
67,218
17,565
631
229,939
682
138,381
167,81.1*
69,61*9
20,951
25
68,289
157,516
167,735
575
162,575
1,265
387
1,093
It, 5^9
1,130
1,126
21*, 799
21*, 077
l*,l*17
1*,517
li,61*8
73,1*07
70,031
52,86U
3
.
tfest
It,
180,089
6
13,017
n.
Cuba
Preach
Mexico
1*,832
85,278
17,927
3
37,91*0
2
6
3
68,01*3
2,320,211i r
61*7
5,51*2
5,991
6,11*9
7,877
6,908
809
77,078
50,632
Venezuela
Other Latin America.
21., 651.
25,692
32,126
23,701
137,11*8
171,267
30,1*02
23,021*
31,1*92
22,1*1*3
30,301
30,833
196,209
196,901*
187,538
197,751
Total Latin America.
505,921*
1*33,799
1*23,11*8
1*18,771*
1*10,300
l,33lt,150
1,313,255
1,338,1*51
China and Manchuria.
Trench Indo-Chlna.
Hong Kong
18,175
382
18,01*1*
18,351*
16,769
17,812
119,21*8
1*1*
231*
91*
l*,765
6,351*
3,150
3,650
3,356
161,915
7,981
52,550
11*7,007
156
5,538
55,667
6,053
67,700
India
British Malaya.
Japan
20,859
690
19,972
720
37,353
20,982
616
20,022
1*06
55,1*81
12,21*3
39,371*
21,81*1
51,585
12,306
123,196
60,910
7I1O
33,761
135,223
1,121
30,152
858
32.379
1,185
25,322
11,727
30,819
33,1*62
1*26,758
31,'t97
36,110
1*07,1*00
17.681*
1,508
31,935
2,091
23,291
129,975
11*1,1*21*
1117,030
5,528
798
5,285
5,355
81*8
1,01*0
536
372
1*32
27I*
?1'3
It,
1,286
21*,
52,968
Asia!
.
Netherlands East Indies.
Philippine Islands
Turkey
Other Asia J/.
Total Asia.
Other countries:
Australia
Hew Zealand
Ssrpt and Anglo-Sgyptlan Sudan.
Trench Morocco
Union of South Africa
All other
Total other countries.
31*, 251*
1,183
30,1*71
1,512
19,71*9
501*
31.858
17,193
211*, 810
213,891*
387,611*
15,281*
2311,329
229
137,58U
1,101,756
1,081*, 111
1,081,297
5,019
1,230
605
l*,lt83
15,350
5,251*
21,760
5,656
19,692
1,379
2lt3
37,919
1*2,1*73
51*, 11*2
12,021
9,998
78,165
11,827
12,308
79,768
11,793
9,061
78,018
11*1*,
27,503
ll*,li6l
11,278
l',565
7,371*
219
562
7,160
l',197
6,689
7,71*6
381
3,583
6,529
18,103
18,987
18,768
19,051
16,598
It,
251*
International 3/
nnldeatlfled.
Orond total.
263
91*5,523
81*8,1*78
838,960
790,217
20,161
158,707
173,792
1,900,182
1,89U,222
519
871*, 0S6
12,1*73
11*1,576
7,786,263
U,576
July p
August p
Scwmbvr
i''40
57
CAPITAL MOVEMENT 3
Section
-
II
Summary by Count r lea
Table 4.- Foreign Debit and Credit Balances In Brokerage Accounts
(Foiltloo
Dabtt balaaeaa
OouBtfy
9nA of Bonth lo thouaudt of dollari)
ftt
rroa forol(n*ra)
((hia
191*9
April
Maj
Ittrop*:
O<xl Qo^lOB.
frkoo*
1,098
T33
1,01.5
777
205
779
715
269
8
21
27
B«l(lu
Di nArk
fl aland
9«rawi7
7
Or*«c«
Ztmlj
7
2
Lux<abo:irf
I«tb«rl«ads.
.
.
?srt\i(*l
12
3
28
6
6
178
181
320
U6
lorvagr
It
7
U
17U
278
22
Bmaalt
Sp*lB
Sw«d«i
Svlttorluid.
3. 3. I...
3
3
3
31
32
29
1,681
1,560
l,5k6
280
a.
To^tlaTla.
.
Ottur lurop*.
313
305
Total Xarop«.
"•,707
'•,522
li,520
I.,
592
UtlB
ArcoBtlaA.
BollTla
Brazil
Chlla
Coloabia.
Coita Riga.
.
Cuba
Tranob Vast Indlaa and Oola
Kazloo
latharlanda Vaat Zndlaa and
SorlniB
Panana
Paru
599
2
1,316
2U
903
3
978
2,609
255
613
9
k,l65
11
2,692
22
130
107
100
lOk
51'9
li,280
ll>
Tanantala
Othar UtlB iaarlea.
1,376
3,017
1,''73 r
Total Latin laarlca.
Ik, 191
Ik, 911 r
3,591
and Manchuria
Praoch Indo-Chlna
Boac tone
926
9
7
India
Brltlah Malaga
Japan
106
23''
137
Ikl
CMoa
latharlanda Baat Indlaa.
Phlllpplna lalanda
Tories
Othar lalai/
713
3
3
81
91
1,262
1,189
Pranch Morocco
Union of Sooth Africa
Ul othar
126
2?
131
10
15
Ik
Total othar oonntrlaa.
169
161
Total Aata.
Othar eonntrlaa:
Ana trait a
lav Zaaland
I^^t and An<lo-l^ptlaa ^dan.
OBldantlflad
Grand total.
2k,8li9
25,375 r
Treasury Bulletin
5«
CAPITAL MOVEMENTS,
Section III
-
Details for Month of June 1949
Table 1.- Short-Tern Claims on Foreigners
(Position at end of month In thousands of dollars)
Oountpy
.
.
Sovcmbcr I'H"
59
CAPITAL MOVEMENTS
Section III - Details for Month of June 1040
Table 2.- Short-Tern Liabilities to Foreigners
(Petition *t and of
Count rj
llnblU-
fcropa
Airof _
Qnitad
ad ElBcdoa.
n'anoa
fotnl
Ibpoolts
of
forolcnora
Hlla bald
for
aeeoiiBt of
foralc&ara
:
klO,k79
Balcliia
123,99?
35*, 767
193,993
123 ,6l6
Oaraaojrl/.
32,681
18,175
160,025
30,909
18,17*
159,157
1,601
Dnlaad...
32,778
18,176
160,036
Oraaoa
Italj
28,li62
38l>,317
28,*35
38k, 310
28,275
289,299
13,861
158
1,267
9
19*. 29k
Zwcnabovrff.
atbarlaada.
1
639
1*,229
120,736
68,9*2
32,767
U5,969
50,737
31,179
88
3,901
1,565
6,88*
9,7*8
5* ,622
6,856
9,529
35,288
8,589
69,0li6
33,032
6,881i
9,818
55,827
Siradaa.
109,098
2,031
1,285
3,581
U,229
orvar
Spain..
32*, 166
159,889
120,897
fort Ileal ....
28
lU
Swltiarlaad.
571,'i89
TafOilarla.
Otbar Ibropa.
12,369
6,816
106,171
570,7*6
12,369
6,8l6
106,15*
*1*,891
11,365
6,812
7*,*97
61,31*
0. S. 8. S.
Total luropa.
..
.
*
3
1,*39
2,359,111
2,300,015
1,889,951
87.61*
Canada
779,721
777,01*
289,016
2,218
Latin iaarlea!
ircantlaa
lollTla
Braitl
229,781
Ik, 761
115,923
229, *88
l*,76l
115,853
227,12*
1*,71*
100,911
1,512
*7
12,308
56,330
51,«99
6,611
56,326
51,899
6,611
55,889
51,*59
6,559
335
**0
31
167,735
167,735
162,613
3,277
575
162,575
575
162,321
575
161,0*1
1,027
2k,OT7
70,031
58,86*
2*, 077
17,075
*5,685
52,607
2
5k9
161
Tanaraala
Othar Latla iaarlea.
187,538
197,751
187,3*6
197,387
17*, 8*7
186
161,727
3 .079
Total Latin laarloa.
l,338,k51
1,337,263
1,232,826
22,95*
119,2*8
6,053
67,700
119,2*7
6,053
65,652
113,822
5,053
63,953
803
60,910
la.kTS
1*1,576
60,186
12,k73
1*1,525
58,985
12,138
1*1,265
1,199
155
2*9
36,110
387,61*
15,28*
3*, 873
368,1*8
1*,978
17*, 387
272
3,*66
23*, 329
36,110
387,61*
15,223
23*, 28*
1,081,297
1,078,367
987,602
8,133
19,692
11,576
17,1*2
U,5*8
16,058
11,533
1,080
15
5*, 1*2
5*, 136
5*,065
71
U,793
10,931
8,3*5
63,531
*8
8
298
Chila
Coleabla.
Ooata Ilea.
.
Oaba
Tranah Vatt Indlaa and
OnlBBa
Naxleo
atharlanda *aat ladlat
and SurluB
Hnaaa
70,031
58,853
^lal
Cfaiaa and Maacfanrla.
franch Indo-Chlaa.
Roa4 lone
..
ladla
IrltltB Malira.
'naa
atharlaada laat India
mUpplna
Iilaada....
T>irka7
Othar lala
i/.
Total JLata
Othar ooantrlaa:
lautralla
lav Zaalaad
Ifn^t and Aaelo-JE^^tla
•odjB
V^aaeb Morooeo
OaloB of South Afrloa..
All othar
Total othar ooaatrlaa..
Intaraatloaal ]J
Chldaatl na«
Oraad total
ontb
In
thomandi of
dollftri)
Short -t«r» llnbllltlot pagrtbl* In lollart
Total
thorttara
8,363
78,007
792
U7
1,080
1,580
OoTtra»ant
Traaaurj bllla
and oartlfl^
OAtai of Indabtadnaia
0.
»hort-tar« llaMlttlaa payaMa In foratff eraranelaa
8.
lorrond
Othar
Total
froB
forai^
bank*
LltkUltlti on
aceaptanea* aada
b7 foralcnara for
1^0 of rap«rtln4
baaka and bankara
Othar
Treasury Bulletin
60
CAPITAL MOVEMENTS
Details for Month of June 1949
Sales
of Long-Term Securities by Foreigners
Table 3.- Purchases and
Section III
-
(In thouaandi of dollars)
Country
November l'H9
61
CAPITAL MOVEIIENTB,
Section III A
- PrelJinlnary
Detnlls for Month of August 1040
Table I.- Short-Tera Clains on Forelgnera
(Poaltlon
OouBiry
ftt
•od of aonth Id thouisAd* of dAllar*)
Treasury Bulletin
62
CAPITAL MOVEMENTS
Section III A
Preliminary Details for Month of August 1949
Table 2.- Short-Term Liabilities to Foreigners
-
(Position at end of month In thou9aiul& of dollars)
Short-term liabilities payable in dollars
Total
short
tern
Count X7
llaMH-
Total
tiee
Surope
United Kingdom.
IVance
Belgium
Deposits
of
foreigners
Bills held
for
account of
foreigners
:
Denmark
Finland...
Oermanyi^
.
.
352,391
150,387
1U1,102
290,087
150,238
25l*,805
2, 060
133,271*
11*0,865
127,887
899
2,219
30,022
17,717
150,195
29,907
17,717
150,182
27,661
17,717
1,901
11*9,655
327
.
at, 992
Oreece
Italy
Luxembourg.
21*,
965
U00,3li3
1*00,339
111, 100
11*, 100
118,650
118, U82
62,'t35
30,27lt
62,335
30,129
fiumanla
6,838
Spain..
Sweden.
61,027
Switzerland.
S. a...
TugoslaTla.
Other lurope.
Total Europe.
Netherlands
Horway
Portugal .
.
Canada.
Latin America:
Argentina.
Bolivia
Brazil
.
.
Chile
Colombia.
Costa Blca.
1,772
1
106
l*,69l*
29,563
51*3
6,838
8,173
59,736
6,809
7,882
35,665
8,326
551,865
10,500
6,373
112,792
551,087
10,500
6,373
112,738
377,551
73,527
2,250,187
2,181*, 791
1,761,716
3,206
7U3,9U7
71*1,620
251*, 771*
2,051*
225,191
22l*,938
221,210
1,911*
lli,U72
128,009
379
128,000
57,9l'8
57,91*6
U9,021»
8,181.
.
11*5
302,71*5
13,71*0
108,1*99
1*6,217
.
U. S.
818
21*,
11*,
29
181*
10,1*97
3
6,362
80,369
1,1*60
11*,
10
379
107,397
13,1*12
U66
1*9,021*
57,1*80
1*8,598
8,585
8,585
8,555
21*
187,702
187,702
183,388
2,71*0
5U8
175,536
51*8
51*8
175,275
171*, 396
1*19
.
Cuba
Trench West Indies and
Oulana
Mexico
Netherlands Vest Indies
and Surinam
Panama
Peru
658
29,085
29,085
22,085
611,557
61.,557
1*5,691
1*58
57,271
57,270
56,651
561
Venezuela
Other Latin America.
161,161
161,081
160,931*
1*7
20l4.,lt36
201*, 021
170,582
1*,753
Total Latin America.
1,363,525
1,362,U11
123,685
5,530
123,681*
118,713
5,530
78,830
1*,530
70,11*5
25,1*52
Asia:
China and Manchuria.
French Indo-Chlna.
Hong Kong
.
India
British Malaya.
Japan
12,355
152,836
69,602
12,269
152,779
Netherlands last Indies.
Philippine Islands
Turkey
Other AeiaJ/.
28,990
363,732
13,58U
225,897
28,989
363,705
13,578
225,302
1,077,617
Total Asia
Other countries:
Australia
New Zealand
Sgypt end Anglo-Igrptlan
Sudan
853
77,890
68,253
11,922
1,31*7
182
152,1*31
31*1
28,1*28
1*86
333,630
13,517
165,520
2,075
31
875
1,071*, 268
971,831*
7,0
20,165
10,726
19,821
10,667
18,379
10,603
U9,866
1*9,855
1*9,81*0
15
10,631*
6,71*9
10,633
9,630
353
626
6U
IVench Morocco
Union of South Africa
All other
6,1*51
67,001*
6,1*07
31*
67,013
52,878
253
Total other countries.
165,153
161*, U31
11*7,737
1,31*5
1,781>,597
1,781*, 597
31*3,035
International
Unidentified
Qrand total
3/.
86
7,385,112
86
7,312,20U
1*,
751*, 076
U.
S.
Short-term liabilities payable in foreign currencies
GoTernjrent
Treasury hills
and certificates of indebtedness
Other
Total
Borrowed
from
forei^
banlcs
Uabllltlei on
acceptances made
by foreigners for
a/c of reporting
banks and bonkers
Sowmbrr VH^
63
CAPITAL MOVEMENTS
Section III A
-
Preliminary Details for Month of August 1040
Table 3.- Purchases and Sales of Long-Term Securities by Foreigners
(In tiiou»«od» of doXlu«)
CountX7
Gk
Treasury Bulletin
CAPITAL MOVEMENTS
Section IV
-
Oittatandlnc Contracts for Forward Purchases and Sales of Foreign Exchange
(Knd of
Currency of
-
DDth
In thousandt of dollftra)
Sowmbcr J'H9
65
CORPORATIONS AND CERTAIN OTHER BU3INE33-TYPE ACTIVITIES
Data relating to oorporatlona In which th« Unltad
Statoa Oovernment haa a proprietary Interest, fllreot or
Indlreot, and to certain other builneaa-type aotlTltlea
Treasury Statement', which contains greater detail than tha
of the United States Oovernnent are preaentad In a serlea
Table 1 gl»ea a eunmary of loana outof four tablet.
ment.
standing, Table
2,
balance aheet data, Table
and expense, and Table
Tablea
1
and
2
U,
},
Income
source and application of funds.
uamarlae presented here.
Tabl*s
3
and U are compiled from
reports of the agenolaa, adjusted by tha Treasury DepartTha latest aTallabla loan and balance ahaat data are
presented In thla Issue of the 'Treaaury Bulletin', and
Tablea
3
'"^ ^ 'or the aama dale will appear In a aub-
aequent laaua.
are complied from the mid-month "Dally
Table 1.- Comparison of Gross Loans Outstanding, ExcludlnK Interagency Loans,
June 30, 1048 - June 30, 1040
(In Blllloru of dollora)
By tjT» of loan
Treasury Bulletin
66
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table 2.- Balance Sheets as of June 30, 1049
(In mlUlons of dollara)
Corporatlone
GraM
Contaodlty
Total
total
tlCOOfl
Banks for
cooperatives
Assets
Cash on hand and In banks l/
Cash with U. S. Treasury 1/.
Deposits with othsr Govemmsnt corporations and
agenc les
Loans receivable:
Interagency
Others less reserves
Accounts and other receivables:
Interagency
Others less reserves
Commodities, suppllss, and materialB, less
reserves
Investments:
Public debt obligations of the United States...
Securities of Govemjasnt corporations and
agencies
Others less reserves
Land, structures, and equipment, less reserves...
Acquired security or collateral, less reserves...
All other assets , lose reserves
,
,
,
Total assets
'
Liabilities:
Accounts and other payables:
Interagency
Others
Trust and deposit liabilities:
Interagency
Others
Bonds, debentvires, and notes payable:
U. S. Treasury
Other interagency
Others
Guaranteed by United States
Not guaranteed by United States
All other liabilities
^
101.6
I112.3
98.3
2U0.U
117.8
117.8
7,363.7
11,769.9
6,1J.2.8
1,22U.3
1,191.3
1,139.8
1,138.2
2,003.6
1,836.7
200.5
3,508.2
2,9U5.6
52-5
22.0
122.9
1,6511.5
31.1
U0.6
.5
.2
31,138.1
13,589.7
307.8
30.3
303.8
28I1.3
232.1
288.7
281* .0
6,069.1
505.7
21.5
209.9
'',953.9
505.7
12.8
25.7
86U.7
861>.7
89l'.5
711'. 5
Paid-in surplus
Expended appropriations
Earned surplus, or deficit (-)
2,087.6
1,199.2
20,133.8
-1,669.3
2,087.6
1,199.2
938.0
Total United States interest
21,751
Capital:
Total private interest
Total capl tal
Total liabilities and capital
Contingent liabilities
Analysis of Investment of United States:
Paid-in capital emd expended appropriations
Treasury loans to Government corporations and
agencies lo/
Subtotal
Lees total Treasury loans ll/
Investment of the United States
Earned surplus, or deficit (-), U. S. share
Book value of United States interest, Including
Interagency itene
Interagency items
•
net, amounts due to, or from
Goversoant corporatlonfi
GorernDent a^enclee reporting
Govemaient agencloe not required to report
Interagency proprietary interests
Total interagency items, excluding Treasury
loane to CoTemnent corporations and agencies
value of United States Interest, after
excluB ion of interagency Items
Boole
Footnotea at end of table
"•B.S
5lt.U
7,851.2
Private Interest:
Capital stock
Earned surplus
2'»3.5
21*3.9
9, 21''.
Ur^lted States interest:
Cl&pital stock
.7
512.''
I
Total liabilities
17.11
l,3''l-''
Credit
Corporatlcm
Export
Import
Bank of
Washington
Federal
Deposit
Insurance
Corporatlcm
Federal
Farm
Mortgage
Corporation
Federal
booe
loan
banks
\o\vmbrr
J'>4Q
67
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table 2.- Balance Sheets as of June 30, 1040
(la
Padaral
Intar-
adlaU
oradlt
C«ah an bai^ ukA la %«Dka 1/
Ca«b vttli 0. 8. Trsaaury _!/•
DvpoalU vltli othar OoTvnaMit oorpormtloc* u^
i««Dc !••
Loan* r»o«lT«hl«:
ljat«rM*oo/
Oth«r« !••• r*a«rT«a
Acoounta and othar racalvablaa:
Intara^aDC J
Othara leaa rvaarraa
CaiKdltlsa, auppllaa, ami iwtarlala, laaa
raaarraa
Inraataanta:
Public dabt obligatlana of tha Ooltad Stataa..
Saourltlaa of CoraTfaiit corpontlooa and
a^anciaa
Othara Xaaa raaarraa
Land, Btructuraa, and aqul^aant, laaa raaarraa..
Acqulrad aacurltj or collataral, laaa raaarraa..
AUt othar aaaata , laaa t*9tt99
,
,
BlUlou
radaral
SaTln«a
Ownara*
and lAan Loan CorInauranoa poration
CorpozV'*
(In liqtlOD
uidation)
.3
9.2
1.5
67.li
576.2
316.7
.1
5.0
3.0
1.5.1
206.7
k.l
,
Total aaaata
of dsllan)
.1
T07.9
210.6
Ski .6
Uabllltlfa:
Accounta and othar pajrablaa
Intara^ancy
Otiara
Truat and dapoalt llabUltlaa:
lnt«rB6«&c7
Othara
Booda dabantia*aa and notaa payabla :
0. S. Traaaur;
Othar Int«ra0mic7
Othara:
Cuarantaad b7 Onltad Stataa
lot guarantaad b7 Uoltad Stataa
All othar llabllltlaa
,
,
Total llabllltlaa.
.3
U.o
12.0
^
125.0
2.2
605.6
.1
.6
5.2
.3
611.3
5.3
lkO.2
60.0
100.0
Capital!
tbltad Stataa Intaraat:
Capital atock
Pald'ln aurplua
Ixpaodad approprlfttlooa
lamad aurplua, or daflclt (-).
Total Italtad Stataa Intaraat...
.5
36.1
105 .k il/
96.6
205.
96.6
205 .k
707 .9
210.6
PrlTata Intaraat;
Capital atock
Bamad aurplua
Total irlTata Intaraat....
Total capital
Total lUbUltlaa and capital.
1.5
201.5
-
(Continued)
Treasury Bulletin
68
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table 2.- Balance Sheets as of June 30, 1940
-
(Continued)
Sovcmbcr JM49
69
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Footnotefl to Table 2
^
g/
X/
W/
V
6/
2/
^
2/
10/
11/
\g/
^/
ly
\^/
Iicludva un»xp*nil»<l balanres of appropriated funda
Includaa IV***^ llllon guarantevd loana hald bj Ianlln« a«aoolM.
Includaa 97.0 billion participation bj othar a^aoclaa In loan* of
Export • laport Bank of Waahlnffton.
Includaa $119 '6 allllon guarantaad loana hald bj landing aganolaa.
Includaa notas for abort-tarm borrovlnga.
Papraaanta guarantaad obllgatlona arlalng froo dmfta and Inrolcaa
paid bj ooBHarcl&l banka
Tba paid-in aurplua and deficit aa of Jvn» ^0, 19^8, aiclualra of
rapajaanta to Traaaury, vnr^ adjuatad tn nooordanoa vith Public
Lav B06, 9oth CoQ«raaa.
Tha aurplua la not arallabla b/ lav for dlrldaod dictrlbutlon and
la conaidarad bj tha Corporation aa a rvaarra for future dapoalt
Inauranoa loaaea and ralated expenaaa vlth raapeot to Inaured banka.
Includea t.l alUloo dapoalta to "Ov^rantj Fund".
Aa ahovn abore aa a Ilabllltj of each corporation or ageocj.
Aa ahovn aa an aaaet of tha U. S. Treaaury under "Other" bualnaaatjpe actlrltlea. Thle doea not loclude obllgationa of the EconoKlc
Cooperation Adalnlatratlon. vhlch a«encj la not required to report.
Pepraeenta P.T.C. and A^p-lcultural Marketing Act FaTolrlng Funl
proprietary Intereata In GoTemaaot corporatlona.
Papraaanta actlrltlaa under United Statea Bouaine Act, aa aaanded
War houalng and other operatlona of the Adalnlatratlon are ahovn
undar "Certain other bualnaaa'typa actlvltlea"
Includea Barged var afflllatea, the laat of vhlch to be aarged vu
U. S. CcMwrclal Ccapanj vblch vaa dleaolred In flacal year 19^8.
Doea not Include Tadaral National Mortgage Aaaoclatlon and War
Daaage Corporation (In liquidation), vhlch az>e Included under "Other"
corporatlona
Pepreaenta aaaeta held for the Traaaury In accordance vith prorleiona
of Public Lav 860, Both Congreae, vhlch proTlded for cancellitlon of
P.f .C. notea In the aanvnt of $9,313.7 million, plua Interest accrued
thereon aubaequent to June 30, 19'*T, repreeentlog unrecorered coata
to the Corporation aa of June 30, 19^7, In Ita national defenae, vox
and reconrerelon actlrltlea, azMl atlpulated that any aaounta recorered
by the Corporation vith reapect to theae actlrltlea aubaequent to
June 30, 19^*7, ahould after deduction of related expenaee, be depoelted In the U. S. Treasury aa alecellaoeoua receipts.
Coneleta of Defenae Honea Corporation (in liquidation); Federal Crop
Inaurance Corporation; Federal National Mortgage Aaaoclatlon; Federal
Prieon Induatrlaa, Inc.; Inland Watemaya Corporation; Inatltuta of
Inter'ABsrlcan Affaire; Institute of Inter-Aaerlcan Transportation
(In liquidation); Panaaa Pailroad Ccnpany; Soaller War Plants Corporatlon (in liquidation); The Virgin lalands Corporation (reincorporated
pursuant to Public Lav lUg, dated June 30, 19^*9, «*d vlll aseioe
liabilities of the Coatpany); and War Daaage Corporation (in liquidation).
Prenclnradlo, Inc., has been liquidated.
,
^6/
17/
16/
19/
20/
21/
^2/
2^/
2U/
25/
26/
27/
29/
•
The aurplua la considered by the Corporation as STallabla for future
Inauranoe loaaea and ralated axpanaaa vith raapect to Inaured
tnatltutlona
Conslata of net Inooae froa pover operatlona of II30.I Bllllan and
net ezpenaa of non-inocaa-prodvkclng procraaa of 111^.3 Billion.
Z>oea not Include data for U. 8. Marltlaa Coaklaalon.
Lataat raporU
arallable to Treasury on tha U. 3. Marltlaa Coailaalon functlona, and
on tha War Shipping Adalnlatratlon functlooa relating to Isnd-leaaa
and UHPPA actlrltlaa, ara aa of t^rch }l, 19^7.
Lateat arallabla rvport* on reaalnder of War Shipping Adalnlatratlon funrtlona ara aa of
February 28, 19^7. I>at* darlred froa auch reports vera last publlahed
In the Dally Treasury Stateaant for JiAe 1?, 19**B.
Publication of
currant data on the U. 8. Marltla* CoamlaaSon vlll be reaisMd vben
such data are arallable.
Paglonal A^lcultural Credit Corporation of Washington, D. C, vas
dleaolred and atock certificate cancelled April l6, 19^9, purauaat
to Public Iav 36. Functlona, aaaeta and liabllltlaa vara transferred
to Secretary of Agriculture and are reported aa "Dlaater Loans, etc.,
Perolrlng Fund".
Consists of Bureau of CoHunlty FacUltlea and Public Worta Adalolatratlon (In liquidation).
Consists of Fara Security Adalnlatratlon prograa, boaaa conrervlon
progrea, public var housing program, and reterana* re-uae housing
prograa.
Consists of Agricultural Marketing Act Perolrlng Fund; Federal
Security Agency - loana to etudanta; Departaant of tha Interior •
Indian loana and Puerto Pico Peconstructlon Adalnlacrmtlon; Departaent of the Aray - guaranteed loana (World War II) and Natural Flbera
Perolrlng Fund; Departaant of the Nary - guaranteed loana (World War lO
and aale of aurplua auppllea (World War I); Treaaury Departaant Biecellaneoxia loana and certain other aaaeta; Veterans* Canteen
Serrice, and guaranteed loana to reterana.
Pepreaenta obllgatlona of Corernaant corporations and agenciea aa
ahovn under "Bonda, debenturea. and notea payable • U. S. Treaaury".
The latter doea not include $7% .0 Billion obligations of tha Iconoalc
Cooperation Adalnlatratlon, vhlch agency ia not required to report.
Includea $3,7^.0 ailllon loan to the United Clngdoa.
Includea $2,7^.0 ailllon aubacrlptlon to the International Monetary
Fund and $63^.0 nillion stock In tha International Bank for Pecan*
etructlon and Derelopaant.
Includes $l6S.7 ailllon reaerrea for contingent loaaea, arpenses, and
other chargee
Includea aubecrlptions to International Monetary Fud^ and Bank
(aee footnote 26) and loan to United Klngdoa (see footnote 2?).
Leaa than t^,000.
Treasury Bulletin
70
CUMULATIVE TABLE OF CONTENTS.
December 1048 through November 1949
Issue and page
WkB
num^r
I9U9
Apr.
Ma;
Aug.
Julj
Sept.
Artlolea:
A-1
Treaeur; financing operations
Announcement of change In reporting procedure on refunds
and capital transfers
A-1
A-1
A-1
A-1
A-1
A-1
A-2
Sumaary of Federal fiscal operations.
Budget receipts and expendlturea:
Keceipte by principal sources
Expenditures by major claBslficatlons
Expenditures for national defense and related activities
Expenditures for International finance and aid
"Other*^ expenditures
Summary by months and calendar years
Social Security Act
Railroad Retirement Act....
Railroad Unemployment Insurance Act
Trust accounts, etc.:
Summary of receipts and expenditures of all trust
accounts, etc
Receipts by principal accounts
Inrestmente by principal accounts
Expenditures other than investments by principal
accounts
Federal Old-Age and Survivors Insurance Trust Fund.
Railroad Retirement Account
Unemployment Trust Fund
National Service Life Insurance Fund
8
8
8
8
8
9
9
9
10
10
9
10
10
9
9
10
10
8
8
8
8
9
8
9
9
10
10
11
11
9
10
10
12
12
13
13
lU
Ik
12
12
13
13
15
15
15
15
16
16
IT
U
11
Treasury cash Income and outgo:
Summary of
Derivation
Derivation
Derivation
Derivation
Summary of
U
cash transactions
of cash budget receipts
of casta biidget expenditures
of cash trust account transactions
of cash borrowing or repayment of borrowing.
cash operating income end outgo by months .
.
11
12
12
11
11
12
12
11
11
12
12
13
13
13
13
13
13
lU
Ik
ll>
11.
lit
General Fund of the Treasury:
Status of the General Fund
Analysis of change in balance in the General Fimd
Ik
Debt outstanding:
Summary of Federal securities
Net change in Federal securities
Interest- bearing public debt
Net change in interest-bearing public debt
Interest-bearing guaranteed securities
Special issues to U. S. Government investment accounts..
Computed interest charge and computed interest rate on
Federal securities
Treasury holdings of securities Issued by corporations
and certain other business-type activities of the
U. S. Government
15
15
15
15
15
15
15
15
16
16
15
15
15
15
15
15
15
15
IT
IT
18
18
IT
18
18
19
19
19
19
16
16
16
16
IT
IT
IT
IT
IT
IT
IT
IT
IT
18
18
18
18
20
18
18
18
18
18
20
19
21
19
21
19
21
19
21
IT
IT
IT
IT
Statutory debt limitation:
Status under limitation
Application of limitation to public debt and guaranteed
securities outstanding
18
Debt operations:
Maturity schedule of interest-bearing public marlcetable
securities issued by ttae U. S. Government
Offerings of Treasury bills
Offerings of marketable issues of Treasury bonds, notes.
and certificates of indebtedness
Disposition of matured marketable issues of Treasury
bonds, notes, and certificates of indebtedness and
guaranteed securities
Issuance and retirement of the public debt
19
21
21
23
21
23
21.
23
23
all
2k
(Continued on follovlng page)
23
2k
23
2k
23
2k
25
25
Scwmbcr
I
''4
7X
CUMULATIVE TABLE OF CONTENTS.
December 1948 through November 1040
-
(Continued)
5^
BUY
AND
HOLD
UNITED
S TAT E S
SAVINGS
BONDS
Treas.
HJ
U.S. Treasury Dept.
10
.A2
Treasury Bulletin
1949
C.2
us TREASURY
1
1
LIBRARY
0031965
@FedFRASER