Full text of Treasury Bulletin : November 1950
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LIBRARY
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11972
TREASURY DEPARTMENT
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NOVEMBER -laSD
UNITED STRTES TREflSURV DEPRRTMENT
OFFICE DP THE SECRETRRV
November
mO
Table of Contents
Page
Treasury financing operations
A-1
Summary of Federal fiscal operations
1
Budget receipts and expenditures
2
Trust accounts,
&
etc
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
31
Ownership of Federal securities
32
Treasury survey of ownership of Federal securities
3'*'
Market quotations
J&
Yields of Treasury and corporate bonds
'•I
Internal revenue collections
k^"}
Monetary statistics
M-7
Exchange Stabilization Fund
51
Capital movements
Corporations and certain other business-type
loans and balance sheet s
53
activities -
Cumulat Ive table of contents
Note:
In those tables where figures have been rounded to a
specified unit, all calculations (Including percentConseages) have been made from unrounded figures.
quently the details may not add to the totals shown.
66
71
November
A-i
19'jO
Treasury Financing Operations
Treasury Bills Refunded
Treasury bills matured In October In the total amount of $4^.0 bil-
lion.
Each of the four weekly offerings was equal to the maturing
amount of $1.0 billion.
The average rates of discount on the new
offerings were 1.324- percent for October
5.
1.337 percent for October I3
and 19, and I.316 percent for October 26.
Note:
Details of Treasury market financing operations are shown in the tables
on "Offerings" and "Disposition", respectlTely, of marketable issues of
bonds, notes, and certificates of indebtedness, and in the table "Offerings of Treasury Bills", in this issue of the "Treasury Bulletin".
,.
.
,
November 1950
SUMMARY OF FEDERAL FISCAL OPERATIONS
(In mllllone of dollars)
Budget receipts and expenditures l/ Trust
accounts
- net
etc
Surplus*
receipts,
Net
Expendor expendreceipts
itures
.
2/
1/
public
debt, or
decrease
Net
increase
In General
Fund bal
ence, or
decrease
(-)
(-)
Net
Increase
Clearing
account
1/
itures {-)
(-)i/
In
Levels, end of period
Debt outBtajidlng
General
Fund
balance
Public
debt
2,553
2,216
2,838
1,891
2,633
36,1125
It,
37,165
Guaranteed
eecurltiee
Total
Federal
securitle
Fiscal years:
1937
I93B
1939
"•,979
5,762
5,103
5,265
7,227
WW
ign
19U2
7,756
6,938
8,q66
9,183
13,387
-2,777
-1,177
-3,862
-3,918
-6,159
31*, 187
79,622
95,315
98,703
60,703
-21,1*90
-57,1*20
-51,'*23
-53,91*1
-1,613
-338
-2,222
791
-20,676
-521*
39,289
33,791
751*
-1,103
8,1*19
-29I.
-1,811
-3,122
-1*95
3
2,61.6
99
1,210
71*0
1*1.3
3,275
2,528
90S
5,991*
19''3
12,696
22,202
19'>'>
1*3,892
WltS
1*1.,
Wlifi
1*0,027
19't7
1*0,01*3
19''9
1*2,211
38,21*6
1950
37,OU5
1*0,057
1*0,167
1951 (Estimated)
37,306
1*2,1*39
-5,133
-218
-1,788
-266
-1,161
-123
-1,386
WW
762
99
-91*7
7I.2
358
6,515
10,662
10,71.0
1*,529
-10,1.60
2,991
9,507
20,169
21*, 698
11*, 238
-11,136
-10,930
3,308
-5,991*
1,621.
-1,1*62
l*,932
U78
l',587
2,01*7
5,1*00
1.8
50,232
57,707
753
1.7, U81*
23,1*61
61., 271*
307
57,679
61.,
555
-507
366
U83
-128
-338
622
665
l*,853
1*1,089
1*2,018
1*0,1*1*0
5,1*51
1*5,890
1*2,968
lt8,96l
5,529
6,370
1*8,
72, 22
l*,568
It
136,696
201,003
258,682
100
1,623
I*,
1.33
269,lt22
1*76
90
5,517
258,286
252,292
252,770
257,357
3,1*61
263,800
6,983
1,751
10,51*3
12,291*
9,91.2
108,170
165,877
230,630
278,115
3,1*70
73
27
20
16,290
57,751
-Ul,l.6l
WltS
31*, 1*83
90,171*
WUi
W"*?
1*3,531
1*3,928
97,181
87,522
-55,691
-53,650
191*6
38,810
1*1,322
-2,512
19''7
1*1,010
1*1,1*50
38,576
36,209
2,1.31*
19U8
19'>9
38,122
1*1,711*
-3,592
'•,196
2,800
2,221.
Months
362
-18,966
3,767
-22,502
22,236
26,003
3,502
-350
-229
-502
-2lK)
-2,21.9
-l.,100
-1*05
3,097
199
1,111
231.
1*,331
1*71
1*,208
l*,679
1,396
259
1,931*
-191*
222
-101
-326
-1,969
-1,615
1,551
-330
1,035
-•13,591*
5,21*1
61*,
259,llt9
256,900
252,800
257,130
:
191*8- January.
.
February,.
March
April
May
June
July
August.
. .
3,086
2,788
-86
-53
2,51.1
86
-71*1
5,353
U,6l2
2,222
-3
331*
l*,9U6
1*,859
1*,018
81*1
226
-lUU
-226
-750
2,321.
-302
103
56
-lU
1*,932
252,236
252,292
2,096
2,505
October
November .
December
2,101
.
252,21*0
5,871.
l*,5'*3
.
256,57lt
25lt,605
2,239
Septeraber,
.
',318
l.,61.8
2,51.0
l.,011*
378
-685
3,71*1
-1,61*5
lUl
169
202
-321*
-21.1
5,071*
1*,832
253,371*
253,01*9
1,1*77
-371*
700
-289
9
1,082
2,335
3,066
-362
751
5,583
252,687
2,911
3,163
It, 102
-810
-623
-88
82
171*
-227
-781
1*,802
317
-219
-158
1.6
-1*17
-163
291*
-177
1*,385
1*,208
252 1*60
252,506
252,800
37U
-81.
31*0
l*,659
172
-315
-51
87
-179
101
-1,080
1*51
1.09
631
1,783
5,291
5,767
-62
213
-111
291
-511
-321.
359
881
-1,771
-833
308
I9U9- January...
February,
March
3,579
3,381
5,1*35
3,205
2,972
3,651
April
May
June
1,31*0
3,151
1,91*5
'',767
3,101*
l*,656
-1,811
-1,159
111
1*
-173
1*76
3,995
3,163
3,1*70
July
August. .
September
1,91*6
3,1*31.
-1,1*88
30
218
3,585
3,995
-1,106
837
31*5
-UoU
-133
20
1,107
1,975
828
-133
1,081
1,281
3,337
2,1.79
October.
November.
December
3,111
3,127
3,722
-1,230
-783
10
299
-272
160
-36
98
201.
-962
-315
l*,737
2,31.1*
-88
11.8
257
1*,679
3,323
UU
U76
589
-11
122
-265
-U97
5,01*9
-6I.5
370
137
935
25
-376
-8
-6
-1,1*19
632
1,007
-238
1,053
5,517
-1,017
685
319
500
5,185
5,505
.
.
.
U,832
1,881
l*,191
1.69
March
i*,eeo
3,269
1,551
2
170
-93
AprU
1,1.88
2,81.7
-1,358
-79
May
June ,,.,.,
2,320
2,962
U,296
-6U2
11.7
108
-53
July
August, . .
September.
1,881
2,860
3,013
2,515
3,520
-1,132
-99
31
183
31*1*
11.7
-11*0
1,081*
-27
-80
333
-658
1950-January,
.
Februai'y.
3,366
2,972
l.,l*OU
1*,605
252,990
2,1*96
It,
1.18
5,699
l.,1.22
5,186
6,121
It,
702
1*, 1*6 It
It,
,
252,620
252,721
251,61t2
251,530
251,889
252,770
253,877
255,852
256,680
256,778
256,982
257,130
256,865
256,368
255,721*
255,718
256,350
257,357
257,5"*1
257,871*
257,216
76,991
11*0,796
202,626
259,115
269,898
258,376
252,366
252,798
257,377
263,8ltJi
Calendar years :
19'»2
U97
55,332
It,
It,
301
230
l,51lt
567
339
Treasury Bulletin
BUDGET RECEIPTS AND EXPENDITURES
Table 1.- Receipts by Principal Sources
(In mlUlonB of dollare)
FlBCal year
or month
.
a
,
November 1950
BUDOET RECEIPTS AND EXPENDITURES
,
Table 3.- Brpendltares for National Defense and Related Activities
(In
Dspartnmt
of tha
Air n>ro«
or Bonth
Diparta
of tha
Dapartsent
of tha
'2,265
75,297
89,720
90,501
't9,2't2
16,
nz
1S>W
1,690
3,506
6,OU6
',"17
I ,090
U,i7i
1950
11,500
12,158
12,378
1951 (Iitlmatad)
13,615
U,IU5
'»,175
19$0-ijaimar7 ....
1,0U6
936
1,051
305
297
293
335
298
>tlo
96it
3U
Jliae
1,007
998
3U9
339
hteaar7...
Nareh
iprll
MV
JsV
1,02U
390
August
S«pt«aber p
l,lii9
l,05l>
36l>
Fiscal year
1951 to date p
3,227
HarltlM
ltra**<lo
9mrpiMM
UJUUU
arltla*!
dlmsal
CoBmlaalon
16/
17/
Oonoratt
U/
1,986
1,501
106
Vis
270
10
277
136
268
25
325
98
attflalo
a/
6,180
I,'A7
6,305
3,189
2,682
"•72
66>i
Othu
li,117
328
13«
11
55^*
99
299
H39
225
i»,i6o
650
2U
357
3'*
296
286
22
32
300
268
293
306
332
302
31
ask
386
289
309
Uo
32't
l>2
267
30
29
929
900
113
92
1.39
1,193
15,161
6,998
Q&itad
Stataa
2,776
3,812
3,227
69U
271
3o,oi»7
IS"*?
19'»9
Pa^aanta
20,888
26,538
50,337
27,800
6,911
W.STO
of lOllSTB)
Tore*
LaaT* Act
17
a/
BlUlOM
l(,lH2
l»,110
1
7
71
35
39
30
33
u
Soorco:
(Sam«
Table 2).
Footnotes at end of Table 5.
Table 4.- Expenditures for International Finance and Aid
(In mllllonB of dollare)
firetton
Flecal year
or Bonth
Total
I9U6.
727
19'*7.
1»,928
"•,113
19U8.
19U9.
1950.
6,016
".657
1951 (latlBatad).
1950-Jamiaiy.
February.
Nardi
April.
May...
Jnna.
Jttly
'*,37'»
159
1.U26
Z^>ortImport
Bank
22/
Credit
to
Onlted
Eln^doB
OreekTurklih
Aaatat-
45
2,050
1,700
ue
-20
-12
IS
3
7
6
7
U20
15
18
lM>5
873
25*
eae
Fiscal year
1951 to date p.
809
Icoaonle
Cooparatlon Act
W
Matnal
defenae
aaalatanoe
Other
51'»
161
279
121
19
294
OoTamaeat
and relief
in oooopled
arena 2y
568
938
465
-60
60U
August. ., . . .
September p.
Sooreet
(Saaa aa Table 2).
Footnotea at end ef Table 5.
Vooda
Agreement a
Act
881
1.333
753
6
It
10
5
5
lt20
3,523
170
279
3,250
3«
32
37
267
259
316
5«
263
319
297
3*
22
-17
8O3
lt,0U3
ho
lHi5
352
21
5
"to
21
2l»
1*
15
38
U
U
199
191
208
15
32
31
25
21
61
598
61
77
Treasury Bulletin
BUDGET RECEIPTS AND EXPEKDITURE3
Table 5.- "Other" Expenditures
(In millions of dollars)
Aid to
agriculture
Fiscal year
or month
22/
1,91U
2,256
2,525
2,133
5,33S
585
696
969
-203
1,226
1950
6,U67
9,666
10,865
1951 (Estlmted)
12,836
19''3
igW
wu?
19U6
WltT
19''8
19l»9
1950-January,.
February,
March
.
.
April
May
June
July
August
September.
Fiscal year 1951 to date...
Social
security
program
25/
Public
workB
13' 21/
732
535
798
807
1(25
8I.5
1,066
359
690
2,656
2,9ft
1,619
1,696
1,967
1,126
1,520
1,577
2,U0O
2,250
2,013
571
589
123
186
102
75
832
885
817
202
996
512
1,136
l|2lt
7*
1,001*
2,6lt3
98
IM
150
-U3
91
69U
313
.
November 1950
BUDGET RECEIPTS AND EXPENDITURES
Table 6.- Sumnary by Months and Calendar Years
(in mllllona of dollars)
Calendar year
Apr.
July
Majr
Au^.
Sept.
Not budget receipts 1/
1932
1933
110
203
270
208
216
595
750
225
30U
19'iO
236
290
267
309
Will
331*
1.11
96U
910
682
791
1,557
751
19l»3
571
783
91*9
19UU.
2,71*0
2,1*91*
19't5.
3,1*59
3,613
I9U6,
3,770
3,531*
19't7.
3,725
It,
WW.
11,196
3,579
3,366
1931*
1935
1936
1937
1938,
1939
19'»9.
1950.
112
205
197
225
363
1*39
1*17
109
179
221
228
313
257
208
296
383
686
1,508
3,538
5,202
6,532
6,661
5,501
2,786
2,159
1*,158
5,31*2
5,871.
1,962
2,239
3,381
2,97s
5,1*35
u,aso
1,31*0
1,1.88
196
3,01*7
IU9
233
251.
282
386
U58
527
285
369
3to
393
386
82?
730
552
599
1,270
556
2,1*69
1,1.72
567
6,182
5,702
3,963
21.1
96
182
282
2U3
318
211*
27I*
291*
1*17
289
339
1*95
36I.
1*08
71*2
267
kUk
365
672
671
1.1*0
703
159
260
325
1*1*3
121.
252
251
229
268
288
295
272
327
108
203
21*1
230
230
283
31*5
1*07
390
1,128
1*37
357
356
558
739
2,001
2,078
581
2,511
599
59U
2,711*
2,1*32
2,021*
5,803
1,900
2,1*35
2,656
2,1*53
2,182
2,21*6
1*,875
l*,386
2,093
2,105
2,322
2,288
2,281
2,096
2,1*38
U,6l2
2,505
l*,5l*3
1,91*5
1*,929
11,859
1*,767
1,91*6
2,1*79
2,320
l*,ltOli
1,881
2,860
U,832
It, 605
2,339
2,101
1,881
2,895
2,900
2,21.3
2,297
2,321*
I.,
5,1*1*1
2,1*1*0
336
328
377
2,1*7U
1*27
3,792
3,1*31
511*
l*,333
818
668
5,71*7
513
l',851
731*
5,712
5,550
1,205
8,1*67
2,695
5,730
16,290
31*, 1*83
5,321*
l*,067
1(3,928
1*,050
38,810
2,692
l',197
1*1,010
2,51*0
l*,OHi
1*1,1*50
2,31*1*
U,191
38,122
368
686
633
612
651
1*3,531
Budget expendlturaa 2/
1932.
1933.
331*
31*6
1*28
1*1*2
1*33
1.66
266
193''.
950
607
1*57
U58
1*59
571
672
605
625
539
to8
551
728
652
2,336
1.62
1935.
1936.
633
U90
1937.
1938.
1939.
587
513
653
677
1,133
513
696
687
785
668
667
665
505
1,21.8
571.
1*17
69I*
786
666
956
WH.
19't2.
19''Z.
19m.
19lt5.
I9I16.
191*7.
19l»8.
19U9.
1950.
1*95
1*50
585
51*1
621*
-798
710
1,076
1,1*82
1,1*01*
2,680
6,728
7,737
8,1U2
U,8ll
2,652
6,358
8,012
7,127
3,515
7,71*6
10,1.12
9,031*
3,31*0
3,598
3,939
7,300
7,337
7,758
3,750
3,019
2,800
3,205
3,323
3,731
3,239
3,086
3,651
3,269
2,221*
2,972
2,1*96
605
1,352
881.
727
1.25
31*7
301*
509
519
592
501
703
1,020
801
1,668
261
326
510
1*35
1.96
266
591*
659
661
636
680
617
751
692
738
1,989
565
777
752
891
2,328
1*91
1*92
881*
8I.3
1,591
1,631
li.UOO
l*,8lO
5,257
5,1*56
7,1*75
8,260
8,631
7,1*99
8,011.
7,831
8,208
9,51.0
1*,836
8,561
3,287
6,91*9
2,71*5
5,921
7,667
7,779
6,372
2,663
1*,996
1*,018
3,553
2,962
2,335
3,585
2,515
2,673
3,066
3,995
3,520
6,879
8,927
3,371*
3,1*07
2,51*1
2,222
3,151
2,8U7
3,101*
It,
2,962
It,
3,281*
656
296
3,71*1
3,1*31*
3,013
1*88
507
532
5,017
7,1*95
6,61*6
8,539
967
631
888
1,890
671
835
835
1,187
9,61*5
2,681*
20,229
6,181.
6,012
7,619
7,635
8,220
9,151
6,926
57,751
7,91*7
7,7U1*
90,171*
8,031*
7,811
8,327
5,619
2,860
1*,530
2,1*53
l.,962
97,181
87,522
3,605
1*1,322
2,391*
2,11*3
3,176
2,911
3,111
3,163
3,127
1*,102
38,576
36,209
3,722
1*1,711*
-311
-2Ui
-158
-285
Budget eurpluB, or deficit {-) ±/
1932.
1933.
193 "•.
1935.
1936.
-1*13
-222
-236
-71*5
-1*30
-260
-233
-281
1937.
1938.
1939.
WltO.
Will.
-351
-223
-385
-287
268
-H6
-368
-799
-181*
223
-103
-7
75
19'i2.
-2,109
-1,901
23
19''3.
-5,91*6
-5,1*09
-2,51*3
19''''.
-5,518
19l»5.
-*,997
-I*, 683
19'^.
-1,01*2
2I13
19''7.
19't8.
706
1,396
1.61.
1,931*
191*9.
371*
1*09
1950.
1*1*
1*76
-21*3
-222
-665
-3,511*
-158
-190
55
179
-333
-281*
-181*
-108
-1*92
-21*8
-383
-397
-305
-168
-298
-31*2
-191*
-1*53
-1,809
-135
-351*
-210
-399
-696
-519
-221
-1*26
-1*10
-1*8
-1*57
-351*
-UlU
-1,022
-213
-966
-56
-332
-285
-321
-3,253
-5,792
-3,81*1*
-6,002
-3,880
-2,373
1,902
-1*,291
-1*,972
-3,981*
-2,1*1*9
-6,028
-1,131
-3,838
-873
-5,937
-6,126
-1,105
2,102
2,788
1,783
1,551
-1,1*1*5
-987
103
-1,159
-67
81*1
-1,591
-302
-1,811
-1,358
-61*2
-251
-122
-227
-226
-253
-18
-8
-66
-75
-1*09
-353
-1*07
-161*
-1*13
-277
-303
125
-80
-21
-277
-31*
-56 1*
-1,891
11*8
-1,888
-2,670
-2,851*
-1*,206
-166
-321
-1*52
-3,931*
1,332
1,1*79
-11,762
5,585
5,595
•5,1*17
l*,231
-1*1,1*61
5,851*
-2,011.
6,131*
5,706
-3,001.
-55,691
-53,650
-1,1*97
3,165
•2,208
-895
1*3,591*
1,723
-1*20
-165
1*1*5
-2,512
-521*
1,91*0
51*9
169
-1,106
1,1*77
1,022
-88
2,1*31*
-1,61*5
-1,1*88
-55
-810
837
1,230
1*69
-3,592
-1,132
3l*U
1,081*
-1,221*
-861
-2,31*1
-U,5l8
-l*,875
-3,1*10
-3,693
-5,1*98
-5,117
-5,776
-2,227
-1,976
-1*,293
-1*99
-1,272
Souroe:
Dally Treasury Statement.
1/ Groee receipts lees deductions for appropriations to Federal Old-Age and
Survivors Insurance Trust Fund and for refunds of receipts
2/ Excludes refunds of receipts, which are shown as a deduction from receipts
(see footnote 1), certain payments to the Treasury, principally by wholly
owned Government corporations, and amounts for public debt retirement
which are chargeable to the sinking fund, etc., under special provlBlons
of law; Includes transfers to trust accounts, and net expenditures of
wholly owned Government corporations, etc., except paymente to the
-2,51*3
-U,06l*
-209
-622
-273
-532
-93
-259
-655
-361
-1,278
111
108
-32
-358
-256
-185
-137
-1*83
-1*80
-623
-783
-l*,300
5,21*1
Treasury mentioned above. In order to make the figures for the
fiscal years 19U8 and 19U9 comparable with tjioee for other years
shown in this table, all transactions relating to the Foreign
Economic Cooperation Trust Fund, eatabliahed under Section 111* (f)
of the Economic Cooperation Act of 191*6 (62 Stat. 150), have been
consolidated with Budget expenditures, beginning with the March 1950
issue of the "Treasury Bulletin".
Net receipts less expenditures.
Treasury Bulletin
BUDGET RECEIPTS AND EXPENDITURES
Table 7.- Social Security Act
(In
Jlecal y«ar
or month
-
Budget Receipts and Expenditures
llllons of dollars)
....
.
8
}
)
November 1950
BUDGET RECEIPTS AND EXPENDITURES
Table 8*- Railroad Retirement Act
-
Budget Receipts and Expenditures
(In millions of dollars)
Receipts
Fiscal year
or month
Exceas of net
receipts, or
expenditures {-)
1/
Expenditures
Deduction:
Refunds of taxes
on carriers and
their employees
2/
Taxes on
carriers
and their
enrployees
-ll.U
1.8
-26.3
-12.8
77.3
208.8
267.1
285.0
282.6
380.1
208.8
267.0
1950
-3k .1
557.1
563.8
550.2
557.0
19''9
-206.5
-15.5
IQU3
Vikh
igltS
igue
19117
\9h&
1950- January.
Administrative
Not
receipts
281*.
281.7
380.0
220,
265.
311.
29U,
302,
Transfers to
Railroad Ratlremont Account
(trust account)
5.1*
211*. 8
2.5
2.3
2.6
262.7
308.8
291.9
298.5
"•.3
563.''
51*9.6
763.5
578.9
583.7
5.0
U.U
758.5
57'*. 5
.9
.
-36.5
.9
37.''
37.3
February .
March
"i.lt
11.9
l*.9
.5
.5
123.1
123.1
123.1
April
May
June
-56.1
5.9
125.2
3.2
5.9
125.2
2.9
5.9
125.2
59.1
59.0
.9
.9
10.5
126.0
10.5
126.0
25.8
26.0
25.8
26.0
331.'t
331.'*
-2U.9
-15.5
July
Augufit.
.
.9
.
September
-205. >•
Source: Dally Treasury Statement.
1/ Excees of expenditures la covered by appropriations by Congreee.
2/ Tax refunds deducted from receipts exclude interest on refunds, which Is
Included under Administrative expenses"
»
**
Table 9.- Railroad Unemployment Insurance
Consists of expenditures from appropriations made specifically for
administrative expenses relating to the Railroad Retirement Act, and
Interest on refunds of taxes (see footnote 2).
Less than $50,000.
X/
Act^-
Budget Receipts and Expenditures
(In millions of dollars
Receipts
Fiscal year
or month
19'*3
19'il*
,
Excess of
receipts, or
expenditures
2/
2.1
-2.7
(
-
Railroad
unemployment
Insurance
contributions
Expenditures
Administrative expenses (Railroad
Unemployment
Insurance Administration Fund ) kj
^
8.2
10.3
1'*.9
12.6
13.1
13.7
.6
19't5
19't6
,
-.2
6.0
11.7
8.9
9.6
9.2
5.5
5.9
6.9
9.7
9.0
.5
191*8
-.6
-5.1
-3.2
9.1
-1.0
1.7
April
May
June
-.1*
*
.1.
.1.
1.0
1.8
1.0
July
1950
15.1
llt.8
1950- January..,
February
March
.
August. .
September,
.
.1*
.1.
.1
1.1
1.1
2.1
.1.
.U
-.9
.1
.3
2.1
-.5
-.8
1.9
•
.3
5.'.
1.5
.5
.1
.8
2.3
.1*
Source: Daily Treasury Statement.
1/ Operated as Railroad Unemployment Insurance Administration Fund.
2/ Excess of expenditures is covered by appropriations by Congress.
Through 19'i8 represented 10^ of contributions under the Railroad
Unemployment Insurance Act of 1938; the remaining 90^ vas deposited
in the Railroad Unemployment Insurance Account in the Unemployment
Trust Fund, Beginning In 19'*9, represents contributions equal to
0.2^ of the taxable pay roll; and the remaining contributions are
^
12.3
^
2.2
3.2
3.7
3.5
191*7
191*9
Transfers to Railroad
Unemployment Insurance
Account, Unemployment
Trust Fund
U/
^
*
deposited in the Railroad Unemployment Insurance Account (1*5 U.S.C.
358 (f)). (See "Trust Accounts, etc.". Table 7).
Consists of expenditures from appropriations made specifically for
administrative expenses relating to the Railroad Unemployment
Insurance Act.
Represents excess funds of the Railroad Unemployment Insurance Administration Fund, under act of Oct. 10, 19'*0 (51* Stat. IO99).
Less than $50,000.
Treasury Bulletin
TRUST ACCOUNTS, ETC..
Table !•- Summary of Receipts and Expenditures of All Trust Accounts, Etc.
(In miUlanfl of dollars)
FlBcal year
or month
Net receipts,
or expenditures
Exponditurwe 1/
Eecelpte
1/
IHTestssents
(-)
Wk}
-338
-2,222
791
3,95l>
3,ooii
U,129
5,200
3,668
3,362
igkfi
-52lt
W^T
-1,103
5,085
7,086
7,712
6,2W>
19118
-29lt
6,515
19'>9
-1*95
5,711»
1950
99
-218
19W1
Wit?
1951 (Estimated).
1950- January
February.
March
July
Auguat
September.
292
7,307
6,291*
8,236
6,669
3,060
2,311
-U02
3,750
3,898
6,971
6,810
6,209
6,570
8,199
2,311
6,106
8,lil7
U12
685
U20
-U53
-661
-797
863
1,176
1,310
UlO
515
513
305
673
9U(
-275
96
589
659
38I1
1129
-53
U09
526
997
-99
327
11*7
726
152
281
726
273
298
258
98I1
170
-93
1'.7
.
It,
1,09''
-79
April
May
June
Total
1,287
3,178
U,568
3,985
2
. .
Other
-27
957
Source: Actual figures from Dally Treasury Statement: estljnates baaed on
1951 Budget document. Including effect of proposed legislation.
1/ To mB}:e the figures for the fiscal years 191*3 and 19U9 comparable with
those for other years shown in this table, transactions of the Foreign
7,3117
li25
579
Economic Cooperation Trust Fund, established under Section 111* (f) of
the Economic Cooperation Act of 191*8 (62 Stat. 150) have been excluded.
These transactions have been consolidated with Budget expenditures,
beginning with the March 1950 Issue of the "Treasury Bulletin"
Table 2.- Receipts by Principal Accounts
(In millions of dollars)
...
'
,
mO
November
TRUST ACCOUNTS, ETC..
Table 3.- Investments by Principal Accounts
(In mllllona of dollars; negatlre flguxee are ezces* of redanptlone)
?»deral Old-Age
and SuTTlTorB
InimrancA Trujit
Fiscal year
or month
Railroad
R«tlrement
Account
UnemplOTvent
Truat f\ind
National
Service
Ufe
GoTernfltent
Ufe
enplojeea'
retirement
fnjids 1/
Inenxance
Inaurance
Jtand
mnd
86
GoTernxent
1,228
1,503
3lt
862
1,'»37
1,971*
61
60
73
102
2,053
1,234
60
280
393
399
309
282
32
32
-26
Wt7
5^3
3,0(A
U,129
i.aoo
3,668
3,362
1,035
1,172
1,137
1,002
3,060
2,311
1,19"*
1,29't
l.Ull*
569
1*1*6
31*6
-160
353
338
-721*
-1,91*6
1,715
312
-216
-311
-753
-853
-3
-26
-so
-21
-177
-1*32
-21*
March
iw
130
250
u
-661
-797
-2
10
11
April
Ma7
Jane
-275
96
589
130
58
309
3?
-110
-26
31
137
-31
-332
-81
98
-2
-2
36
11*6
152
281
726
210
-3
-3
7
10
306
-63
210
-U5
-9
-5
317
19^3
igw
19^5
19W
19^7
19'»8
1S^9
1950
2,311 2/
1950-Jainiajy
February. ...
July
August
September.
.
182
156
lUS
1,191*
-1(02
1951 (Iitlmated).
ll*0
Ult3
67
163
1*61
Adjnated
Service
Certificate
fund
-1
-2
-6
577
11
7
10
-2
Total Incladea $21^ million bj Health InBurance Tmet FUnd xmder
proposed legislation.
Leee then $300,000.
(Saae ae Talile 1).
Source:
See Table 2, footnote 2.
1/
Table 4.- Expenditures Other Than Investments by Principal Accounts
(In iDllllonB of dollaTB; negative flgores are excess of credits)
Fiscal year
or month
Total
7ediral
Old-Age and
Survlvore
Ineurance
TroBt iMsA.
19111*
1,287
3,178
19}t5
1,0*
177
217
267
191*3
Ballroad
Betirenent
Acconnt
ttoemploy-
nent
Trust
Tund
national
Service
Life
Insorenca
Pond
QoTemnent
QoTemoent
Life
Ineorance
employees
retirement
fbJida' 2/
Ttind
130
176
6
30
61
71
1,11*6
31*
869
31
128
280
282
85?
302
1,311*
31*8
19U6
i*,56g
35«
3,985
1*66
191*8
559
661
222
278
1950
3.750
3,898
6,971
781*
30I*
2,026
2,988
llU
1951 (Sstloated).
6,106 4/
2,300
3U6
1,570
928
72
1950-Jftnuar7.
863
1,176
1,310
67
67
68
25
25
203
175
217
659
69
.
I^bruary.
March
26
85
103
50
-271
-5O8
-1,669
267
323
1,571*
61*7
67
1,073
372
70
21*1*
1,231*
61
222
268
526
370
UlU
96
277
387
278
1*80
2U
1*2
818
917
23
23
11*7
April
Hay
June
37"
125
23
69
1*09
70
26
27
26
IU3
1*29
129
98
21*
July
August. .
September
273
298
258
69
70
73
26
26
26
93
90
6U
56
1*5
23
22
uo
21
.
260
233
1*28
25
lS't7
191*9
Redemption, or sale (-),
of securities of Oovernment corporations, etc..
In the market (net)
Ouarenteed
i^
152
173
Miscellaneous
special
deposit
acc«Qnts
(net)
21*
Hot
goaranteed
Treasury Bulletin
10
TRUST ACCOUNTS, ETC,
Table 5.- Federal Old-Age and Survivors Insurance Trust Fundi/
(In mlllioDB of dollars)
Zxpendlturea other than Inveetaoents
Bacelpta
AdnlnlB trat 1 ve
expenses
Int*mt
Approprl&tloQB FQ^Jflte
on
InveetCoDffreee
menta
Fleoal yoar
or month
Tranefare
Benefit
pa^Benta
froBa
Cveneral
Fund
Beimbureenent
to
Oanaral
Fund
2/
Salaries,
etc..
Bureau of
Old-Age
and
SurrlTora
Insurance
AAiMte, end of period
Utexpaadad Mlaoce
Net
Increase,
or
decrease
Inreetnente
In
asBeta
To
credit
of fund
aocount
In
disbursing
officer's
account
1/
720.7
1,395.3
I937-I9U3
IgWt
It,
l>,lil9.3
19lt5
19I16
l,lt33.8
1,292.1
1,309.9
1,238.2
July
August
September.
Inception to date
lt,268.3
1,178.1
1,167.0
1,028.0
1,157.0
5,ltlt6.1i
5,lt08.9
6,613.1.
6,5116.3
7,5118.7
8,7lt2.3
7.0
16.1
32.0
41*.
1*3.5
I19.2
7.3
1.8.8
21.1i
35.1
163.5
lt25.6
15.6
25.2
190.6
230.2
10,01.6.7
9,936.8
35.0
71.
781t.l
lt3.1
1,263.3
1,582.7
11,309.9
12,892.6
U,230.7
12,6W.8
12.ll
3.6
13.0
13.8
13.7
39.7
256.8
511.7
607.0
727.3
l,2lt8.3
3.3
559.1
660.5
3lt.lt
1,923.8
2,366.8
1,616 .2
1,690.3
2,106.
167.9
66.9
79.9
018.2
3,715.0
299.6
3.6
2,300.0
2,239.6
111.
U5.8
1,718.2
lit,
751.3
llt,67lt.5
76.8
llt3.7
1.6.8
96.9
60.7
62.0
63.6
1.2
1.2
1.2
77.2
331.0
172.2
U,893.1
397.5
229.5
66.6
66.6
68.2
lt.7
397.5
12,22ll.O
11,768.0
11,898.0
2lt8.6
79.6
77.5
12,396.2
12,lliT.9
163.5
8I1.8
68.7
61.
.0
3.1t
12,ltl3.2
61.
.7
12,277.9
12,335.9
51.1.
69.lt
1.3
1.3
1.3
200.2
167.9
83.8
82.1
79.9
3.3
5.0
67.2
1.2
1.2
2.2
81.1
200.3
155.8
152.8
3,571.5
251.1
155.8
152.8
It,
2lt0.li
85.7
27lt.lt
85.7
27U.U
222.3
10.9
.7
121.6
69.5
61..
10.9
69.3
70.2
72.8
6U.8
316.3
195.9
200.9
316.3
185.1
17,370.2
15,83li.l
1,528.1
3lt3.9
200.9
3,976.
37.lt
61..
Source: (Sane as Table 1).
1/ Includes tranBactlons under the predecessor Old-Age Eeserre Account.
2/ Under Section 201 (f) of the Social Security Act Anendjnenta of 1939,
as amended (Il2 D.S.C. ItOl f).
Under provisions of the Labor-Federal Security Appropriation Act,
3.3
3.3
17.0
205.0
3.5
3.5
27ll.lt
12,6l8.2
12,892.6
12,61.11.8
12,8511.8
12,921.8
3.5
13,270.3
13, 393. It
15lt.2
13,393.1.
13, 393.lt
13,081..
13, 081..
115.5
y
In mllllona of dollars
.9
y
88.3
lli8.2
Stat. 679), these expenses are payable directly frott the
Federal Old-Age and SurvlTors Insurance Trust Fund,
Dietrlbutlon of unexpended balance not available.
Table 6.- Railroad Retirement Account
(
3, 798.lt
13,02ll.2
I9I17 (60
U/
7,61.1.11
131.6
2U6.1
123.1
^
Fiscal year
or month
U,236.8
lt,268.3
357.9
19lt9
April
May
June .......
266.8
32.6
26.9
U66.l>
l,807.li
March
18I1.6
11.7.8
WltS
1950-Januflr7
February..,.
359.1
l,lt59.5
1,386.0
1,623.3
1951 (Kattmatod)
lt52.lt
217.2
239.8
320.5
19I17
1950
301.5
103.2
123.9
93.lt
November 1950
11
TRUST ACCOUNTS, ETC..
Table 7.- Uneaployaent Trust Fund
Treasury Bulletin
12
TREASURY CASH INCOUE AND OUTGO,
Table 1.- SunBiary of Cash Transactions
)
November 1950
13
TREASURY CASH INCOME AND OUTGO.
Table 3.- Derivation of Cash Budget Expenditures
(In milllonB of dollars)
Fiscal year
or month
Treasury Bulletin
Ik
TREASURY CASH INCOME AND OUTGO.
Table 5.- Derivation of Cash Borrowing or Repayment of Borrowing
,
November 1950
15
GENERAL FUND OF THE TREASURY.
Table 1.- Status of the General Fund
(In mllllOQe of dollara)
Balllon, coin, and
currency
End of fiscal
yeax or montb
Gold
ig"*?
io,ii*9
191*4
20,775
19't5
25, U9
708
3,730
150
15U
150
160
1,023
1950
5,370
3,862
5,927
1,073
1,022
1,052
1950-Januar7. ..
February.
March
5,1*21
5,1*89
6,1*38
191*6
,
19'»7
191*3
,
19^*9
April
May
June
July
AUgUBt. . .
September.
.
lit,
Deposits In Federal
Reeerre Banks
Aval labia
In prooeee
fttndB
of collection
Cepoelts In
special
depoeltarlee
other
deposits
and
collections
Liabilities
Balance In
the Qeneral
nmd
Treasury Bulletin
l6
DEBT 0UT3TANDINO.
Table 1.- Smmiary of Federal Securities
(In Blllloni of dollars)
Total outstanding
of
fiscal
year or
month
Inil
Public
debt
Quaranteed
securitlas
lntor«st-b*arln£ dabt
Public
debt
Ooaranteed
eecurltlea
i^
19^3
1110,796
19W
202,626
259.115
269,898
258,376
19|*5
191*6
ig"*?
136,696
201,003
258,682
269,1*22
258,286
19U9
1950
252,366
252,798
257,377
252,292
252,770
257,357
1951 (Zatiaated)
263, 8lA
263,800
Debt peak
Iteb. 19U6....
279, 76U
279,2ll»
Ptebruary..
256,892
256,395
256,865
256,368
March
255,7't7
255,721*
April
May
June
255, 7K0
255,718
256,350
257,357
July
257,557
257,891
257,236
19"«!
1930- January.
.
Au^pist
September.
256,370
257,377
257,5'»1
257,8711
257,216
1*,100
Matured
deM
and dabt
^arln^ no Intereat
Public debt
International
Bank
Monetary
fond
Other
Aiaranteed
aeeurltlas 1/
(atured)
November 1950
17
DEBT OUTSTANDING,
Table 3.- Interest-Bearing Public Debt
Treasury Bulletin
18
DEBT OUT STAND I NO.
Table 5.- Interest-Bearing Securities Guaranteed by the United States Government
(In mllllona of dollars)
Knd of flBoal
year or nontll
l/
4
.
November 1950
19
DEBT OUTSTANDING,
Table 7.- Computed Interest Charge and Computed Interest Rate on Federal Securities
(Dollar amounts In ndlllona)
Ccanputed annual interest rate
Total Interest-bearing eecxirltlaa
End of fiscal
year or month
19l>5.
igkS.
1950,
1950- January
.
February
March
.
.
Amount
outstanding
Public debt
and gxLEiranteed securities 1/
Public
debt
139, kTS
135,380
201,059
256,766
268,578
255,197
199,5't3
Computed annual
Interest charge
Public debt
and guaranteed securities 1/
Public
debt
Marketable leeuee
Total
2.U08
I.20I1
2.311.
2.1*73
1.289
S.307
S.307
2.567
2.593
2.1.05
2.1.36
2.1.U8
1.9^2
S.OOl
1.958
l.Oll*
1.0't2
1.201.
1.176
1.187
1.225
1.163
1.375
1.3l''t
2.309
2.313
2.322
1.957
1.959
1.955
l.lOlt
1.195
1.191
2.199
1.181*
1.375
1.351
1.351
1.371.
2.205
2.205
2.201*
2.20ll
2.199
250,063
250,762
255,209
5, '•57
5,'i55
5,606
5,613
5,606
5,613
25'', 893
25l',li30
25lt,869
25't,'>06
253,527
253,506
5,620
5,607
5,575
y
2.1.17
5,57't
250,132
250,785
255,226
5,371;
1.125
1.139
1.1*1.8
Guaranteed
eecurltiea
i/
2.330
5,619
5,606
U,96l
5,351
laauee
2.379
2.18s
2.236
2.200
11,969
Special
.381
.381
.381
.38s
2.182
2.236
2.200
256,357
268,111
255,113
bonds
2.1.91.
1.82s
1.7S5
1.718
1.773
1.871
3,81.9
Treasury
Certificates
1.165
1.281
1.979
1.929
1.936
1.996
2.107
2,679
Bille
Nonmarketable
Issues
.875
.875
.875
.875
.875
1.978
1.925
1.935
1.995
2.107
2,759
3,869
5,357
5,376
Public debt
Total
into restTotal
bearing
public
securidebt
ties
1.968
1.335
1.321
1.1.10
2.510
1.758
2.623
2.629
2.569
S.588
8.596
8.589
2.210
2.316
S.3I6
2.322
2.576
2.576
2.575
2.612
2.600
2.588
2.227
2.246
2.398
1.921'
2.681.
April
May
June
253,536
253,516
5,613"
2.200
2.199
2.200
1.959
1.958
1.958
1.160
1.173
1.187
1.182
1.182
1.163
1.3'*'*
2.32s
S.322
2.322
2.572
2.569
2.581
2.589
2.61)3
255,209
2.200
2.199
2.200
2.525
255,226
5,577
5,588
5,613
2.581.
2511,183
5,578
5,588
2.57''
25lt,200
July
August.
September,
255, 'tis
255,779
25^,986
255, '•03
5,6lS
5,626
5,585
5,618
5,626
5,585
2.200
2.200
2.191
2.200
2.200
2.191
1.959
1.960
1.938
1.191
1.209
1.252
1.125
1.125
1.125
1.325
1.325
1.311
2.322
2.322
2.336
2.567
2.561
2.562
2.588
2.586
2.602
2.815
2.793
,
.
255,76't
25U,968
Source: Dally Treasury Statement,
ij ExcludeB guaranteed securities held by the Treaaury.
2/ Total Includes "Other bonds"; see Table 3.
Treasury bills ar9 Included in debt outstanding at face amount, but
In computing the annual Interest charge and the annual Interest rate
^
U/
1.371*
2.751.
the discount ralue is xised.
In computing the annual Interest charge and the annual interest rate
on United States savings bonds, Series A-E are conaldered to yield
2.90^ per annum and Series F is considered to yield 2.53^.
Table 8.- Treasury Holdings of SecurltieB Issued by Corporations and Certain Other
Business-Type Activities of the United States Government^
(In millions of dollars)
End of fiscal
year or month
S.68U
Treasury Bulletin
20
STATUTORY DEBT LIMITATION
757 b),
The Second Liberty Bond Act, as amended (Jl U.3.C.
provides that the face amount of obligations Issued
and the face amount of
under authority of that act,
aggregate 5275 billion outstanding at any one time.
Obligations Issued on a discount basis, and subject to
redemption prior to maturity at the option of the owner,
obligations guaranteed ae to principal and Interest by
the United States (except guaranteed obligations held by
the Secretary of the Treasury), shall not exceed In the
redemption values.
are Included In the statutory debt limitation at current
Table 1.- Status under Limitation, September 30, 1950
(In millions of dollara)
Mazljnum amount of aacurltlos vhlch maj Im outstanding at anjr one tlae, under limitations Ijqioeed by the aot
of June 26, I9U6 (31 U.S. C. 757 b)
275,003
Amount of aecurltlea outstanding subject to such statutory debt llAltatioat
U. S,
Coremment securities Issued under the Second Liberty Bond Act,
as amended
..•
2^,^02
^
Guaranteed securities (excluding those held by the Treasury)
Total amount of eecurltles outataz^lng subject to statutory debt limitation
18,U78
Balance issuable under limitation
Source:
256,522
Bureau of the Public Debt,
Table 2.- Application of Limitation to Public Debt and Guaranteed Securities
Outstanding September 30,1950
(In millions of dollars)
Class of security
November 1950
ai
DEBT OPERATIONS.
Table 1.- Maturity Schedule of Interest -Bearing Public Marketable Securities
Issued by the United States Government
and Outstanding September 30, 1950 A/
22
Treasari^ Bulletin
DEBT OPERATIONS.
Table 1«- Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States Government
1950^
and Outstanding September 30,
(Continued)
(In mlllione of dollara)
AmDunt of maturities
Year
and
month
Deocrlptlon of security 2/
Fixed
maturity
issues
Date
bank reCallable ieeuee
stricted
classified ty
issues
year of:
become
bank
Final
First
eligible
mal^ucall
1/
rlty
1956
Amount of maturities
Year
D«Bcrlptlon of aecurltj 2/
and
month
Fixed
maturltj
Ieeuee
Date
bank reCallable Issues
stricted
classified by
Ieeuee
year of;
become
bank
Final
First
matu- eligible
call
1/
rity
I96U
Mar..
2-1/2* Bond
-
3/15/56-58.
June
2-l/k% Bond
-
6/15/5U-56.
Sept.
2-3A^ Bond
2-lA$ Bond
-
9/15/56-59.
9/15/56-59.
-
i,m.9
681
-
3/15/56-58.
S-3/Ut Bond
-
6/15/58-63.
-
2-1/2* Bond
-
6/l5/6l)-69.
I2/I5/6I.-69
3,761
l'/l5/53
3,838
9/15/53
7,599
681
1965
1958
2-1/2* Bond
2-1/2* Bond
Dec.
982
3,823
6,253
Mar
June
Mar..
2-1/2* Bond
-
3/15/65-70.
Dec
2-3/1)* Bond
-
12/15/60-65.
.
.
5,197
1,1.1)9
5,197
June
.
.
2/1/51)
1,1)85
l,l<85
919
Total.
919
1966
1,1)1)9
2-1/2* Bond
-
3/15/66-71.
3,1)81
2-1/2* Bond
2-1/216 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.
11,689
Mar.
.
12/1/51)
1959
June.
2-l/lt* Bond
-
6/15/59-62.
Sept.
2-3/hf Bond
2-1/1)* Bond
-
9/15/56-59.
9/15/56-59.
2-1/1)* Bond
-
12/15/59-62.
Dec.
6/15/52
5,281.
12/15/52
3,1)70
8,751.
1967
June.
9B2
3,823
-
2,118
12/15/62
U,80l)
Total.
i960
22,372
2,U8
1968
2,611
Mar.
2-7/8? Bond
3/15/55-60
Dec
2-3 /U* Bond
12/15/60-65..
.
3*
Canal bond
-
6/1/61
-
I2/I5/63-6B.
2,831
12/1/52
1969
2,611
1961
.
2-1/2* Bond
Dec.
1,1*85
1.1.85
June
5/5/52
6/15/62
June.
2-1/2* Bond
6/l5/61)-69.
3,761
')/l5/53
Dec.
2-1/2* Bond
12/l5/61)-69.
3,838
9/15/53
50
7,599
1970
1962
June.
2-1/lt* Bond
2-1/2* Bond
6/15/59-62.
6/15/62-67.
2-l/U* Bond
12/15/59-62..
5,281.
6/15/52
5/5/52
3.1)70
12/15/52
2,118
.
2-1/2* Bond
-
3/15/65-70.
5,197
2/l/5l<
Mar..
2-1/2* Bond
-
3/15/66-71...
S.ltSl
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
2-1/2* Bond
-
12/15/67-72
Mar.
1971
Total
2,118
,751.
1972
1963
June
Deo.
2-3 /U* Bond
6/15/5B-63.
2-1/2* Bond
12/15/63-68.
Total.
Source:
1/
2/
919
2,831
2,831
12/1/52
Dec.
Dally Treasury Statement and Bureau of the Public Debt.
Excludes postal eavlnea bonds.
It should be noted that callable lesuee appear twice In this column,
once in the year of first call and again in the year of final maturity. Callable ieeues with respect to which a definite notice of
call has been made, however, are listed as fixed maturities. For
.
Total
919
^
.
.
.
11,689
12/15/62
22,372
date of Issue of each security, see "Market Quotations"; for tax
BtatuB, see "Treaeury 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 1.
November 1950
23
DEBT OPERATIONS.
Table 2.- Offerings of Treasury Bills
Treasury Bulletin
21^
DEBT OPERATIONS,
Table 3.- Offerings of Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness
November 1950
25
DEBT OPERATIONS.
Table 4.- Disposition of Matured Marketable Issues of Treasury Bonds, Notes, and Certificates
of Indebtedness and Securities Guaranteed by the United States Government
Results of exchange offers
Called or maturing security 1/
Disposition offers
Treasury
Date of
refunding
or retlrenent
Date of
leeue
]>escrlptlon
Aoount
outstanding
Cash
retire-
Exchange
ment
offered
seCTirlty
(In nlllione of dollars)
7/8*
7/1A8
7/856
l/Qf,
Certificate
Certificate
Certificate
-
l/l/hB-T
-
l/lfltS-G
7/l/'t8-H
-
7/1/U7
8/1/U7
9/1/U7
Total
g/Kfh8
2,7U2
1,127
2,209
6,078
2-1/2* Bond
1-1/2* Note
-
9/15/U8..
-
9/l5/'t8-A
3/15/38
3/15/UU
U5I
3,7U8
U,092
1,35U
1,U67
-
lO/l/US-B
-
10/l/lt8-J
10/l/l*8-E
9/15/U7
IO/I/U7
II/1/U7
Bond
-
12/15/1*8..
12/8/39
571
1-1/8* Note
1-1/8* Certificate
-
l/l/lt9-A
-
I/I/U9-A
I2/I/U7
I/1/U8
3,535
2,592
1-1/^ Certificate
-
2/1/U9-B
2/1/U8
2,189
3/l/''9
1-1/8* Certificate
-
l/lM-C
3/1/U8
3,553
I./1/U9
1-1/8* Certificate
-
U/l/Ug-D
U/1/U8
1,055
6/I/U9
1-1/^ Certificate
-
Bond
-
6/l/lt9-E
6/15/I19..
6/1/U8
I/15/U2
U,301
l.OlU
1-1/8* Certificate
-
7/l/''9-F
7/1/U8
lO/l/US
1*
1*
1*
Rote
Certificate
Certificate
Total
12/15A3
l/l/l'9
2*
6,913
Total
2/1/1*9
2*
6,127
Total
T/l/Ug
5,315
5,783
9/l5/''9
2*
Bond
-
9/l5/'<9..
5/15/U2
1,292
IO/I/U9
1-l/U* Certificate
-
lO/l/Ug-O
10/1/U8
6,535
1-lA* Certificate
-
Bond
3-1/^ Bond
2-1/2* Bond
-
12/l5/'i9-H
12/l5/'t9..
12/15/U8
7/15/U2
I2/15/3U
12/15/36
2,098
U91
1,786
12/15/U9
2*
-
I2/15/U9..
12/15/U9..
519
U,^U
Total
1/1/50
l-l/U* Certificate
-
1/I/50-A
I/1/U9
2/1/50
1-l/U* Certificate
-
2/1/50-B
2/1/U9
1,993
3/1/50
1-l/U* Certificate
-
3/1/50-C
3/I/U9
2,922
Bond
-
3/15/50
U/1/50-A
10/19/U2
1-3/^ Note
1,963
3,596
3/15/50
"•A/JO
2*
9/I5A8
Total
5,695
5,559
l»/l/50
1-l/U* Certificate
-
U/1/50-D
U/I/U9
963
6/1/50
1-l/U* Certificate
-
6/1/50-E
6/1/U9
5,019
T/l/50
1-l/U* Certificate
-
V/l/SO-F
7/1/U9
5,601
-
9/15/50
1-1/8* Certificate
2-1/2* Bond
Bond
2*
-
9/15/50-G
9/15/50-52
9/15/50-52
9/15/U9
9/15/38
U/I5/U3
1,197
1,186
U,939
-
10/1/50-H
10/1/U9
6,2U8
-
Total
10/1/50
Turned In for cash
\iy
1-1/8* Certificate
7,322
.
txchanged
By
7ederal
Reserre
Banlcet/
other
Investor!
Description of new
security offered
Treasury Bulletin
26
UNITED STATES SAVINGS BONDS.
Uoltsd states savlngB bonds were first offered for
eale In Haroh 1935 and began to mature In March 19'*5'
Series A-D were sold from March I935 to April 19IH.
and dollar sales by States are published at less frequent
Intervals but are shown on a monthly basis.
1, igM-l.
Series A-F sales are shown at Issue price and total
For Infonnatlon on the terms and conditions of these bonds,
redemptions and amounts outstanding at current redemption
values.
Series d Is shown at face value throughout.
Series
E,
F,
and d hsTe been on sale since May
see "Treasury Bulletin" Issues for December 19^7, page 3I
and October 19't5,
pagee A-k and A-5.
In addition to the Information on savings bonds
operations which appears each month, data by denominations
Matured bonds which have been redeemed are Included In
redemptloms. Matured bonds outstanding are Included In
the Interest-bearing debt until all bonds of the series
have matured, when they are transferred to matured debt
upon which Interest has ceased.
Table 1.- Summary of Sales and Redemptions by Series, Cumulative through
September 30, 1950
::
:
::
..,
.
,
November 1950
27
UNITED STATES SAVINGS BONDS.
Table 3.- Sales and Redemptions of Series A-D, E, F, and G by Periods
(In milllonB of dollars]
Accrued
dlecount
Fiscal years:
1935.19U2
i,9^9
19^1
ViVk
aw
9S
96
103
106
W^S
19"^
I9I17
107
110
101
68
WkB
19l»9
1950
Pedemptiona 2/
Sales plus
accrued
dlecount
•,195
92
96
103
106
107
110
101
68
Sales
price
591
88
79
572
82
^
Amount outstanding
Accrued
discount
Matured
debt
19
6
8
25
72
Interestbearing debt
3,601.
3,608
3,625
3,585
3,365
2,968
11.3
117
309
2li2
67
itSa
370
393
530
812
113
123
172
269
615
22
71.
7
70
8
179
302
367
".7
1.1
87
lll»
87
122
3,1.77
3,11.8
2,71.2
516
703
l,08l
18
to
59
73
2,51.3
1,927
92
Calendaj- years
193t)-U2
291
QU
100
105
107
109
loS
86
ii,2li0
1950 -January..
February,
11
6
11
6
March ....
U
U
April
May
3
3
s
June
3
July
August. .
September
5
3,9119
19''3
19UU
19U5
19I.6
19^*7
19l»3
19''9
9U
100
105
107
109
108
86
637
81
78
226
390
I181
3,603
3,616
3,638
576
1.36
2,250
631
139
207
11.6
838
203
l,l.UO
22U
129
130
168
97
98
56
32
32
150
129
116
1,280
1,178
1,065
77
71
58
19
2
51.
18
3
53
Uo
13
107
99
92
1,000
939
895
15
17
11
87
81
77
850
796
759
Months
It
s
5
56
Ul
h
2
61.
l'7i
US
31
:
Series E, F, and G
Fiscal years
I9I.3
66U
5,993
11,789
lQl.1.
191.5
I9I.6
11.,
I9I.I
661.
1
1
66U
2
5,995
36
11,821.
75
760
6,581.
17,61.8
15,1*98
127
281.
191.7
191.8
891
9,612
7,203
6,235
101.9
7,1'«1
1950
5,673
U67
583
69U
826
977
15,625
15,175
10,078
7,791
6,929
7,967
6,650
75
760
2,286
2,537
9,157
13,729
12
2,537
9,169
2U6
21.5
191.3
71.
13,801.
1,501.
191.1.
16,01.1.
191.5
12,937
191.6
7,1.27
6,69!.
195
379
533
633
76U
16,239
13,315
7,961
7,327
3,059
6,729
3,263
5,332
6,038
1,502
3,251
5,293
191.2
,292
,156
30,981
'.,131.
,1.08
6,337
,063
l.,95'»
597
l',l<53
21
71
109
lUU
1.2,000
1.5,670
1.8,398
50,730
,365
.,191
171.
5'.,
,31.2
't,133
209
56,61.1
333
Calendar years
191a
191.2
191.7
I9I.S
7,295
5,833
191.9
Months
1050- January
February ,
March
.
U23
4l6
April
May
June
398
July
Ai.gust.
1.17
.
.
Heptember,
Footnotes at end of table
350
310
ll.
2,521.
11,1.1.7
2
12
23,71.6
5,91.1
ll,522
39
97
123
1.6,623
U,568
U,263
l.,U0U
161.
1,077
186
'<9,3U
52,301
55,267
U,61.5
36,723
1.1., 706
805
391
68
6I.9
289
82
607
377
272
361
17
16
19
55,679
56,039
56,266
71.
1.97
78
108
U9I.
335
383
U03
318
362
383
17
21
20
56,61.1
20 p
28 p
56,671.
23 P
56,637
7(17
581
52U
11.
109
78
506
526
UI19
1.29
1.29
1.73
UI.5
395
1.33
1.09
;
8-;
(Continued on following page)
:
56,1.27
56,539
56,71s
Treasury Bulletin
2S
UNITED STATES SAVINGS BONDS.
Table 3.- Sales and Redemptione of Series A-D, E, F, and G by Periods
(Continued)
(Dollar amounts In millloae)
Redenptlon 2/
Sales
Sales 1/
Accrued
discount
plus
accrued
Sales
price
di e count
Fiscal yeeTB
Accrued
discount
:
lalil
203
191*2
3,526
5,271
11,820
11,553
6,739
19''3
19W
19^5
WUS
I*,
19^*1
287
U,026
U,278
3,993
19'*8
19^9
1950
1
203
3,528
33
8,301+
US
11,938
11,818
7,173
265
1*3!*
536
633
753
895
It,
821*
l»,659
5,032
U,887
-
60
689
2,100
3,81*6
5,912
«,391
3,525
3,530
3,521
60
688
2,095
3,525
5,843
4,285
3,689
3,365
3,326
Calendar yeare:
1,11*5
11
5,99?
209
1,380
3,005
11
209
1,375
2,993
i*,q63
'*,925
696
818
l*,920
5,'«3
3,930
3,728
5,025
3,1*48
5,330
3,813
3,575
3,274
88
63
77
I190
320
H^
36U
l»2l*
221*
305
209
1*1*0
309
292
305
307
297
69
73
98
37U
380
396
275
^^?
334
259
293
315
98
U16
368
73
79
31*3
3?!'
323
3U8
19U1
19I44
380
i9;'5
,822
10
70
182
353
19U6
U65
1*93
1^7
085
224
208
19l»2
IS
19^3
1948
19^9
10,1*11*
12,562
10,175
'*,95?
lt,66!*
Months:
1950- January.
February
March
.
.
April
May
June
July
August. .
September.
,
1*02
318
270
2U1.
349
367
326
Aaount
outstanding
(Interestbearing debt)
Percent of BontUjr
redemptlOQS
to amount
outstanding
:
November
,
\9'}0
29
UNITED STATES SAVINGS BONDS.
Table 3.- Sales and RedemptlonB of Series A-D, E, F, and G by Periods
-
(Continued)
(Dollar amounts In millions)
Salss 1/
Accrued
discount
Sales
plus
accrued
discount
Redemptions 2/
Sales
price
Accrued
discount
Amount
outstanding
{ interestbearing debt)
Fiscal years:
V)h1.
19li2
19l»3
395
1
12
1
12
55
Ul.
220
55
I3U
220
3I.8
19U1
759
876
191*5
,658
395
2,032
2,759
2,876
2,658
19U6
It65
2,W5
31.8
19''7
igiiS
561
1,907
2,390
1,UU9
2,561
1,907
2,390
1.69
1.69
566
1,1.1.9
619
621
566
619
621
1,185
2,516
1,185
2,516
29
2,6liO
2,61.0
89
2,891
2,520
2,637
2,267
2,573
1,392
2,891
2,520
2,637
2,267
2,573
1,392
1950- January..
February.
March....,
267
189
267
189
13lt
131.
53
53
April
May
June
102
92
86
102
92
86
1.5
1.5
53
52
53
52
87
70
58
87
60
59
65
60
59
65
,032
wiig
1950
Calendar years
WH
19U2
19113
I9UI1
19'>5
V)^
19'»7
19''8
19119
181
2
29
89
181
261.
261.
1.26
1.26
512
618
613
512
618
613
57
US
1.8
2
Months;
,
,
July
,
August.
September.
,
.
70
58
57
391.
Percent of nksnthlj
redemptions
to amount
outstanding
Treasury Bulletin
30
UNITED STATES SAVINGS BONDS.
Table 5.- Sales and Redemptions of Series E and F and G by DenomlnatlonB
(
In thoufiands of pieces
Series 7 and G coablned
Total, all
deooninatlons
$10 1/
$25
$50
$100
ae,o88
•5,995
68,686
32,083
2l*,27U
111,693
7,803
7,777
$200 2/
$500
$1,000
Total, all
dencnInatlona
$25 i/
$100
$500
$1,000
$5,000
Fiscal years:
19lil-Mi
579,568
303,116
165,039
71,356
58,971
9,223
8,505
2,095
522
209, U80
112,071
U5,876
36,1U6
10,896
9,901
19't9
61., 576
39I1
39,l>00
ll,lt25
8,550
1950
6li,30lt
335
39,150
11,81.1
8,651.
298, 76U
226,213
58,5W.
191*5
igus
igliT
19U8
111
li
,253
1,311
801
816
916
917
8,218
3,535
2,065
6,322
2,800
2,121
3,326
2,323
592
291
126
3,Uo8
1,156
6I.9
532
371
1,61.5
2,21.1
2,071.
l»3
1.66
31.5
3,166
1,071
937
970
1,571
2,238
1,630
31
385
279
71.7
1,569
2,322
1,995
1,378
28
556
73
26
311
275
211.
1,111.
180
1.86
63
31*5
1,1.13
9,1.63
,1.25
1.23
128
U7
128
97
Calendar years
19'tl-li3
lil8,511t
19't5
19U6
320,527
253,078
93,502
3,582
11,381
It, 191
19117
62,5711
97I1
igus
wiig
61,813
65,118
1'35
WW
371
172,91*8
62,769
39,219
37,659
39,57s
5,218
5,152
5,687
3,0ltl
April.
May...
June.
5,152
July..
August
September
5,253
5,035
U,7S0
Inception to date
1,321,936
1950- January.
February
March.
.
5,U2li
5,172
21,075
1.7,915
50,202
36,077
6,231.
li,770
7,1.28
3,856
2,98U
1,505
1,607
2,88U
2,669
1,870
2,223
3,821
2,807
2,098
1,863
1,603
2,352
2,213
1,529
1,172
252
209
187
103
103
106
106
lOU
11.3
83
135
132
79
75
79
63
50
37,773
13,757
10,099
2U,55l.
769
8,1.92
918
7,650
803
10,61.0
8,2U6
879
933
1,511.
82
66
87
127
126
11,8b6
9I.0
729
11.3
3,075
932
71I.
3,liOli
1,067
791
3,160
3,356
3,196
9U3
1,019
967
697
3,211'
985
713
76
3,177
3,018
9I.U
6I.5
593
67
61
115
92
81
150
109
873
l.,961.
20,303
20,391
905,785 199,222
71lt
72
77
693
71.
150,19V
91.
Redemptions
Fiscal years:
19I.I-W.
101*, 127
191*5
191.6
137,633
192,985
123,725
191.7
191.8
93,1*38
191*9
79,61*6
1950
76,109
87,871.
10,621
l.,821
1.62
1,317
111,061
11*5,091.
I*, 109
2,052
88,836
65,331
17,872
1U,302
7,380
13,205
10,713
9,387
600
6,21.7
16,81.3
26,31a.
2I.6
1,369
1,017
51.,
809
52,101
12,623
8,1.50
28U
12,31*6
8,155
331*
50,012
90,1.88
5,610
12,500
22,579
23,111
15,295
2,610
179
3,971
5,802
76
189
Calendar years
191*1-1*3
191*1*
191*5
191*6
191*7
191*8
191*9
1950- January
February
March.
58,701*
109,1*05
173,396
163,115
102,977
2,897
135,267
118,862
72,911
85,888
76,933
1,595
1,217
59,265
52,996
7,01*0
1*,710
107
62
75
6,362
I.,
851.
3,208
1*,300
5,1*51
10,171.
9,661.
165
213
13,1*70
12,281.
9,086
8,065
273
302
1,120
767
1,0*7
732
513
710
30
22
951
1,065
1,151
63I.
27
723
31
33
12,965
31
April.
May...
June.
6,1.1.7
6,908
65
71
71
July..
August p
September p
7,517
7,718
6,817
71
65
l*,503
1,271
1,320
1,163
857
918
817
38
Inception to datep
829,715
16,328
619,751
111., 705
6u,70U
1,21*6
5,778
80
3,929
1*,358
l*,655
5,031
5,111
78I.
38
1*1
1,11.1
1,105
1,115
1.26
2,671
325
1,391.
221.
899
1,106
613
UU7
56
36
1.91
31.0
2,539
1,188
978
957
1.20
311i
871
UU
21.0
65
29
27
11.6
21,500 p
l,11.0p
11'5
115
127
293
197
629
517
31
22
25
21
63
16
16
l»3
21
20
20
13
13
12
36
35
5
5
33
1.
20
18 p
lU
10 p
36
1.
13 P
8p
27 s
21 P
6,701P
3,379P
,017P
1'5
83
9
6
6
3
P
3
P
l,038p
1,225P
)
November
19 'yO
31
TREASURY SAVINGS NOTES.
Treasury savings notes (originally designated tax
Report of the Secretary of the Treasury" for
ig'J-S,
pages
Series A
207 and 220, and for sale and redemptions by fiscal years
from August 1, I9U1, through June 22, 13^3; Series B from
and months, see "Treasury Bulletin" for February 19U6,
pages k-2 and Kj.
savings notes) have been Issued In four series:
August
1,
September
iglH,
ll^,
through September IS, 19^2; Series C from
igll-a,
through August 3I,
on continuous sale beginning September
ig^l-S;
1,
and Series D
iglj-g.
In the following tables sales and redemptions of
Details
concerning terms and conditions for purchase and redemp-
Treasury savings notes are shown at par value.
tion, and Investment yields of Series D notes vdll be found
notes redeemed (either for cash or for tax payment) are
included In the figures on redemptions. Matured notes
In the "Treasury Bulletin" for October 19^8, page A-1,
September
IS'^S,
page A-1.
and
Similar Information oonoernlng
Series C notes will be found In the "Treasury Bulletin" for
Matured
outstanding are reflected In the interest-bearing debt
until all notes of the series have matured, when they
are
For details concerning
transferred to matured debt upon which Interest has ceased,
terms and conditions, investment yields, and tax payment
or redemption values of Series A and B, see "Annual
accordance with the practice of the Dally Treasury Statement.
October
19'+5,
pages A-k and A-5.
m
Table 1.- Summary of Sales and Redemptions by Series, Cumulative through September 30, 1950
(
Series
In mlUlons of dollara
Treasury Bulletin
32
OWNERSHIP OF FEDERAL SECURITIES.
Table 1.- Distribution of Federal Securities by Classes of Investors and Types of Issues
(In mlllionfl of dollare)
End of
fiscal
year
or month
.
.
.
.. .
.
.
3
U8
UU
1
3
.
6
7
U.
1
.
9U
U
.
S
1
7
39
7
.
e
9
3
3
November 1950
33
OWNERSHIP OF FEDERAL SECURITIES
Table 3.- Estimated Ownership of Federal Securities by Bank
and Nonbank Investors
(Par Talues l/
End of
month
Held by
Total
Federal
securities
outstand
Ing 2/
-
In billions of dollars)
Held by nonbank Investors
ballots
Commerc lal
banks
^
Individuals U/
Federal
Reserve
Banks
Insurance
companies
Total
^"f«°
bonds
1939-Deceiiiber.
li7.6
18.1.
15.9
2.5
29.3
I9U0- June
December.
U8.5
50.9
18.6
19.5
16.1
17.3
2.5
2.2
29.9
31.5
10.1
10.6
191*1- June
55.3
21.8
23.7
19.7
33.5
11.2
13.6
3.6
21.lt
2.2
2.3
28.7
26.0
1.8.3
"•7.3
Itl.l
2.6
6.2
65.2
17.8
23.7
52.2
59.9
7.2
11.5
98.7
December.
61..
19U2-June
December.
77.0
112.5
I9U3- June
December.
1I4O.8
59.11
170.1
71.5
19UU- June
December,
202.6
23s.
83.3
96.5
19I15- June
259.1
278.7
106.0
115.0
279.8
269.9
259.5
68.1.
II..9
77.7
18.8
.2
21.8
90.8
2ll.3
116.7
108.2
97.9
93.8
Blt.U
22.9
23.8
7lt.5
25B.U
257.0
91.9
91.3
70.0
68.7
253.1
252.
252.7
252.9
85.9
85.8
85.8
61..
62 .U
62.5
252.7
252.7
251.7
8)..
62.7
62,1
60.5
April.
May...
June,.
251.6
251.9
252.8
82.9
a2.1»
July
August. ..
September.
253.9
255.9
256.7
83.2
83.9
66.lt
81*,5
66,5
October.
November.
December
256.8
257.0
257.2
81»,5
85.7
66.8
66.8
1950- January.
February.
256.9
85.
67.
256.1*
66.1.
March ....
255.7
8U.2
82.5
April.
May...
June.
255.7
83.1
33.2
8U.0
July
August p.
257.6
257.9
December,
19lt6-Fobruaiy (Peak)
June
December.,.
19liT- June
December.
igltS- March
June
September.
December.
19^9- January.
February.
March ....
256.
257.lt
1.0.6
81.
119.3
135.6
Other
^
Corporations ^/
State and
local
governments 6/
1.9
8.2
6.3
3.1
2.6
7.5
7.9
6.5
6.9
3.1
3.2
2.1
2.0
.5
7.1
8.2
3.
It
2.0
.6
5. It
7.6
8.2
3.7
It.O
.7
9.1
8.7
3.9
It.
i3.lt
10.3
9.2
11.3
lt.5
10.1
30.9
37.6
19.2
U.7
2lt.7
12.9
lt6.0
31.2
36.2
llt.8
52.9
2.8
ltO.7
li2.9
u. s.
Government
investment
accounts ^/
Miscellaneous
investors
1/8/
6.5
7.1
7.6
.7
8.5
9.5
.7
.9
1.0
10.6
12.2
1.1
2.3
1.5
2.1
lit.
3. It
16.9
It.l.
19.1
21.7
6.1.
It.
8.9
9.5
.1.
.9
.7
13.1
15.1
6.1
16.7
17.3
19.6
7.3
8.3
18.3
22.7
22.9
22.0
21..
2k.
9.6
10.7
5.3
20.7
6.5
27.0
11.1
11.5
11.8
19.9
17.7
15.3
6.7
6.5
6.3
28.0
29.1
30.9
9.1
8.8
13.9
lU.l
7.1
7.3
32.8
9.8
31t.lt
8.6
7.8
7.8
7.8
7.9
35.0
35.8
36.8
37.3
8.9
9.1
8.9
9.3
7.8
7.9
7.9
37.1.
9.1t
37.5
37.7
9.2
9.6
7.9
8.0
8.0
37.5
37.5
3B.3
10.2
10.0
5.3
3.2
7. It
153.1
163.6
63.7
163.1
161.7
161.6
63.7
63.0
63.8
lt3.3
21..
lt3.5
23.3
.2
25.1
25.2
21.9
22.6
166.5
165.7
66.0
65.3
lt5.5
21..8
lt6.2
21..
12.1
12.0
20.9
167.0
21.1.
166.1.
166.9
167.1
65.1
65.3
65.5
1.6.9
lt7.1
23.
23.3
lt7.8
23.6
23.1
22.3
21.5
12.1
12.0
11.7
11.5
IU.6
13.5
13.9
65.lt
18.2
18.1
18.0
17.5
22.1
22.3
21.7
167.9
168.3
169.5
65.7
66.1
66.2
ItS.l
lt8.3
17.6
17.8
17.7
21.5
21.5
21.3
11.6
11.6
11.6
llt.lt
61.8
62.7
63.0
21.1
19.7
168.7
169.5
170,1.
66.3
66.U
66.6
17.7
17.7
17.8
21.2
21.0
19.3
20.8
11.6
11.6
11.6
6!.,
18.5
17.5
18.0
170,7
171.9
172.2
66.7
66.8
66.8
17.7
17.8
17.7
20.6
20.5
20.5
11.6
11.6
11.6
i5.lt
16.0
16.0
8.0
8.1
8.0
38.5
38.9
39.lt
9.9
10.1
9.9
17.3
17.7
18.9
172.2
172.6
171.5
66,6
66.5
66.2
1.9.1
I19.2
17.5
17.3
16.9
20.5
11.5
20.1.
ll.lt
9.7
10.2
ll.lt
8.0
8.0
8.0
39.3
39.3
20.5
16.6
16.7
16.3
39.lt
9.8
171.6
172.2
173.2
66.3
66.6
66.6
1.9.1.
20.5
20.5
20.5
11.5
11.5
11.6
8.0
8.0
8.U
39.0
1.9.6
lt9.7
16.9
17.0
16.9
16.8
.9
17.8
17.7
17.6
37.6
9.5
10.0
10.5
65.3
17.3
lt9.8
lt9.8
16.9
17.1
i73.lt
lt9.9
17. 2r
11.6
11.6
11.6
17.7
18.1
18. 3r
8.3
8.2
37.1.
18.3
20.5
20.3
20.1
37.3
17.1.
66.7
66.9
67. Ir
8.1.
65.3
65.7
172.6
173.1
82.6
61..
18.0
n't.
17.
18.
175.5
lt9.9
17.5
20.1
20.0
11.5
61..
67.lt
67.lt
50.0
82.
18.8
19.5
8.2
8.2
38.0
38.1
81.
65.1
8I1.5
82.2
82.
67,3
61.
58.9
lilt
lt7.6
lt8.5
U8.6
U8.7
ItS.e
1.9.0
1.9.0
1.9.1
lt9.3
li
6/
Note: Beginning with the October 1950 issue of the Treasury Bulletin a new
classification of ownership figures is being presented for (1) Individuals,
(2) corporations other than banks and insurance companies, and (3) miscel2/
laneous investors
Corporate pension trust funds and those nonprofit
institutions that wore formerly classified with "Individuals" are now Included in "Miscellaneous investors"
1/ United States savings bonds, Series A-D, E, and T, are Included at current
8/
redemption values
2/ Securities issued or guaranteed by the U. S. Government, excluding guaranteed securities held by the Treasury.
Consists of conmercial banks, trust ompanlee, and stock savings banks In
Figures exthe United States and in Territories and Island possessions.
clude securities held In trust departments
k/ Includes partnerships and personal trxist accounts. Nonprofit institutions
and corpcmte pension tr\iBt funds are Included under "Miscellaneous investors",
p
r
5/ Eicclueive of banks and insurance conpanlos
.
Mutual
savings
banks
ll.lt
lit.
lit
.6
15.1
lit.
lit.
15.1
17.2
18.1
38.1*
37.8
8.3
9.8
10.5
10.6
10.2
10.9
10.
Consist of trust, sinking, and investment funds of State and local
governments end their agencies, and Territories and island
possessions.
Holdings by Fedei^al land banks are Included under "Miscellaneous
inveetore" instead of "U. S. Government investment accounts" beginning with June 30, 19lt7, since the proprietary Interest of the
United States In these banks ended June 26, I9I.7,
Includes savings and loan associations, nonprofit institutions,
corporate pension trust fimda dealers and brokers, and investments
of foreign balances and international accounts in thle country. Beginning with December 191.6, includes InveStanents by the International Bank for Peconstructlon and Development and the International
Monetary Fund in special nonlnterest-bearing notes Issued by the
U. S. Government,
Preliminary
Revised
,
Treasury Bulletin
i'^
.TREASURY SURVEY OF OWRERSHIP, AUGUST 3I, I95O,
The Treasury Survey of Ovmerahlp 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
such securities held by all banks and Insurance companies
in the
March
United States.
3I,
1941,
Data were first published for
"Treasury Bulletin".
Information on the distribution of ovmershlp 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 3I.
In the May I9IH
Section
I
Securltiee Issued or Guaranteed by the United States Government
Table I.- Suinnary of All Securities
(Par Taluaa - In ailllons of dollars)
Claaelflcatlon
November 1950
35
.TBEASUPY SUEVEY OF OWNERSHIP, AUGUST 31, 1950.
Section
I
-
Securities Issued or Guaranteed by the United States Government
Table 3.
-
Interest-Bearing Public Marketable Securities by Issues
(Par values
Issue
(Tax status £/ Is shown In parentheses)
-
In millions of dollars)
36
Treasury Bulletin
.TREASURY SURVEY OF OWHEFSHIP, AUGUST 31, 1950-
Section
I
-
Securities Issued or Guaranteed by the United States Government
Table 3.- Interest-Bearing Public Marketable Securities by Issues
(Par values
Igeue
(Tax statue 2/ ^^ shown In parentheses)
-
In mllliona of dollare)
-
(Continued)
November 1950
37
.TREASURY SUKVKY OF OWNERSHIP, AUJUST 31, 1950.
Section II
Interest-Bearing Securities Issued by Federal Agencies but
not Guaranteed by the United States Government
(Par values
leaue
(Tax status 2/ is shown In parentheses)
-
In mllllona of dollars)
Treasury Bulletin
3«
.
MAKCET QUOTATIONS, SEPTIMBEB 29, 1950.
Marltet quotations shown here are over-the-counter
closing quotations In the New York marltet for the last
trading day of the month, as reported to the Treaeury by
The securltlee
the Federal Reserve Bank of New York.
listed In Section
I
Include all public marketable secu-
rities issued or guaranteed by the United States Government except those not regularly quoted in the market.
The Issues excluded are postal savings bonds and FedThe latter are
eral Housing Administration debentures.
Section
I
-
the only public marketable interest-bearing guaranteed
securities outstanding.
Section II lists the public
marketable securities issued by Federal agencies but
not guaranteed by the United States Oovernment.
quotations for the securities listed in Sections
out-
Daily
and II
are published monthly In the Treasury Depeu'tment state"Prices and Yields of Public Marketable Securities
Issued by the United States Government and by Federal
Agencies"
ment,
Securities Issued or Guaranteed by the United States Government
Table 1.- Treasury Bills (Taxable)
Amount
I
November 1950
39
.MARKET QUOTATIONS, SEPTEnc^B 29, 1950.
Section
I
Securities Issued or Guaranteed by the United States Government
Table 3.- Tax-Exempt Bonds ^^
(Price decimals are 32nde)
Amount
out-
standing
(MUllona)
1+0
Treasury Bulletin
.
MAEZET QUOTATIONS, SEPTEMBER 29, 1950.
YIELDS OF TREASURY SECURITIES, SEPT 29,1950
Based on Mean
of Closing Bid
and Ask Quotations
November
WW
»H
YIELDS OF TREASURY AND CORPORATE BONDS,
Table 1.- Average Yields of Long-Term Bonds by Periods
(Percent per annum)
Dnts
1+2
Treasury Bulletin
YIELDS OF TREASURE AND CORPORATE BONDS.
CO
o
z
o
CD
liJ
o
Q.
or
o
o
I
>-
(O
=*
in
^
f
liJ
I
I
CO
><
^
S
II
Si
o
o
_J
</)
UJ
llJ
CD
<
a:
UJ
«£
oo
o
a:
So.
CO
o
*
November 1950
^^3
INTERNAL REVENUE COLLECTIONS.
Table 1.-
Suiranary
by Principal Sources
J=^
Treasury Bulletin
kk
INTERNAL REVENUE COLLECTIONS
INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES
1936
DOLLA
Billion
20
:
::
)
)
:
.
)
:.
November 1950
^
INTERNAL REVENUE COLLECTIONS.
Table 2,- Detail of Collections by Type of Tax
(
In thousands of dollars
Fiscal year
First 2 months of fiscal year
TTpe of tai
I9U9
1950
Income and profits taxes
Individual:
Withheld hy en^iloyere.
Other:
Current 2/
10,055,502
9,388,976
7,363,329
6,659,007
605,325
18,051,822
17,153,308
10,504,602
838,01*2
9,927,376
832,211
16,233
19U,U95
297
7,192
87,366
208
Back
Total Individual Incoioe taxes.
Corporation:
Income taxes:
Current 2/.
Back
Excess proflta taxes:
Declared value ^J
Revenue Act of 19^*0 h/
Army and Navy contracts
_^/,
Total corporation Income and profits taxes.
Total income and profits taxes
11,553,669
10,85l>,351
29,605,1*91
28,007,659
1,687,151
226,228
1,873,'»01
Employment taxes
Social security taxes:
Old-age insurance
Unemployment Ineiirance
Total social security taxes.
1,913,379
Railroad retirement
562,731*
Total employment taxes
2,1*76,113
MlecellaneouB internal revenue
Capital stock tax 6/,
6,136
Estate tax
735,781
Gift tax
Liquor taxes
Distilled spirits (ijnported, excise)
Distilled spirits (domestic, excise)
Distilled spirits, rectification tax
Wines, cordials, etc. (imported, excise)
Wines, cordials, etc, (domestic, excise)
Dealers In distilled spirits; rectifiers;
facturers of stills (special taxes)
Stamps for distilled spirits Intended for
Case stamps for distilled spirits bottled
Container stamps
Floor taxes
Fermented malt liquors
Brewers; dealers In malt liquors (special
60,757
121,773
1,276,175
33,793
2,UU8
63,33"*
manuexport..
in bond.
9,973
6
375
11,907
20
686,368
taxes),.
Total liquor taxes.
Tobacco taxes:
Cigars ( large
Cigars ( small
Cigarettes (large)
Cigarettes (small)
Snuff
Tobacco (chewing and smoking)...
Cigarette papers and tubes
Leaf dealer penalties, etc
Cigarette and cigar floor taxes.
Total tobacco taxes
2,210,601
•5,530
59
7
1,232,728
7,272
35,''35
BUl
1,321,875
Stamp taxes
Bonds, issues of capital stock, deeds of
conveyance , etc
Transfers of capital stock and similar interest
salee
Playing cards
Silver bullion salee or transfers
Total stamp taxes.
146,667
17,910
7,56"*
637
-72,828
223,135
1950
1951
Socoad month of fiscal year
1950
(August 19U9)
1951
(August 1950)
Treasury Bulletin
1^
INTERNAL REVENUE COLLECTIONS,
Table 2.- Detail of Collections by Type of Tax-*
(
-
(Continued)
In thousands of dollars
?lscal year
First 2 months of fiscal year
Second month of fiscal year
Type of tai
1950
igit?
1950
1950
(August I9U9)
1951
HlBcellaneoufl Internal rerenufl (contlniied)
Manufacturers* excise taxes:
Lubricating oils
Gasoline
Tlree and tubes
Automobile trucks and buses
Other automobiles and motorcycles
Parts and accesaoriea for automobiles
Electrical energy
Electric, gas, and oil appliances
Electric light bulbs and tubes
Radio sets, phonographs, components, etc
Phonograph records
Musical InstrumentB
Mechanical refrigerators, alr-condltioners, etc..
Matches
Business and store machines
Photographic apparatus
Sporting goods
Firearms , shells , and cartridges
Pistols and revolvers
,
,
,
,
Total manufacturers * exc lee taxes
Retailers' excise taxes:
Furs
Jewelry
Luggage
Toilet preparations
Total retailers
'
excise taxes
Miscellaneous taxes
Sugar Act of 1937
Telephone, telegraph, radio, and cable facllitleE
Local telephone service
Transportation of oil by pipe line
Transportation of persons , etc
Transportation of property
Leases of safe-deposit boxes
Admigslons to theaters, concerts, etc
Admissions to cabarets, roof gardens, etc
Club dues and initiation fees
Bowling alleys, pool tables, etc
Coin operated devices
Adulterated and process or renovated butter, and
filled cheese
Oleomargarine, Including special taxes j/
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 taxes
Total miscellaneous internal revenue
Total internal revenue collections
Adjustanent to Daily Treasury Statement
Total receipts from intemal revenue (Daily Treasury
Statement)
81,760
503,6't7
150,899
136,797
332,812
120,138
79,3't7
80,935
26,172
19,160
6,U83
9,293
77,833
8,738
33,3'>l>
113,1110
19,81t6
10,379
810
1,771,533
ll*,932
86,71*6
16,069
98,595
10,268
1*1,017
20,837
120,911
11,131
11,789
1.52,066
25,926
18,152
76,107
88,733
16,1.62
18,31*7
85,701.
80,1.06
13,275
10,382
20,726
2,01.6
1.2,085
5,700
669
1,288
6,775
3,5to
15,352
16,620
3,262
8,723
1,190
1,267
17,103
1,119
6,889
7,596
2,805
1,051.
2,1*1*1
77,610
526,732
151,795
123,630
5,769
8,865
6U,3l6
8,875
30,012
39,931
18,969
9,351
10,81.9
2,107
I.,
833
7l;_
1.81
l,836,053r
300,919
1*9,
U6
1*1,391.
8,609
7,991
U,U87
296
1,897
296
511
5,1*15
91*6
2,1*1*2
3,512
1,735
1*55
68
28
too, 2 10
162,316
61,9116
1.5,781
2,781.
2,676
1,171
210,688
82,607
93,969
190,820
77,532
91., 995
28,776
11,926
29,1*31
II*, 661
12,782
11., 581.
17,61.6
6,183
7,807
l»lt9,2U
1.09,128
58,070
62,535
29,8S2
13,1.06
311,380
71,188
312,339
56,855
21.7,281
1.3,562
17,721
61,750
51,925
9,268
39,921
221t,531
19,325
251,389
337,030
9,U6l
18,919
228,738
321,193
2,991
3,811*
W.,621.
1*3,585
371,S1A
63,181
1,676
61,137
1,812
22,823
28,128
385,81.3
1.8,857
27,790
3,805
21,088
28,7to
3,608
138
1,557
63,219
6,979
5,038
2,163
13,930
76,171*
51*,
9,551.
1.1,1.53
20,171.
21
12
1
17,5''l
6,131*
17,1.60
29,297
867
15,857
11
7
3
815
220
2,595
3,657
5,381*
2,81*1
2,232
12,768
895
6,958
2
17
201*
3,175
-208
335,381
3,381,515
8, 301., 892
l,to8,97l*
1,723,638
to, 1.63, 119
38,957,126
5,353,1*52
5,913,120
-155,831.
+1.91,1*82
-706,397
-887,162
to, 307, 285
39,1.1.8,607
61*7,051*
5,025,959
317,
1*,
1
3,oto
38
1,866
2
1.
221
1.37
1,720,908
81*5
31*, 1*32
7,011*
6W
273
1,752,792
29,6U1*
186
1951
(August 1950)
November 1950
^7
MONETARY STATISTICS.
Table 1.- Money In Circulation
(In mllllocu of dollMTB ttxoopt aa notad)
SM
of f iBoal
Tvar or Bcntb
Treasury Bulletin
1+g
_
MONETARY STATISTICS
Table 2.- Monetary Stocks of Gold and SilTer
(Dollar aHDunta In llllotia)
fi»tlo of sllTvr
End of flao&l
joar or month
Ocld
SUnir
(35 per
(»i.a9+ vT
fins oaoo«)
fln0 owio«)
3,9'>7.9
16.1
15.7
3,689.8
15.1.
3,508.1»
U.8
3,525.7
II1.2
2U,230.7
3,571.0
3,618.3
3,671.5
13.2
12.9
13.2
13.0
13.0
13.1
22,387.5
21,173.1
20,213.0
20,269.9
21,266.5
^,298.5
19118
19'i9
23,532.5
1950
19113
I9W
WU?
19W
19l>7
to gold and
BilTsr In
B0KMtai7 atooka
(In paroant)
21i,lt66.3
2"»,39'».9
2lt,3'»5.1
3,61.5.8
3,61.9.2
March
aH,2l>6.2
3,652.9
April
May
2U,2l;6.9
3, 660. It
2H,a31.2
June
2'>,230.7
3,666.1
3,671.5
13.1
13.1
13.2
July
August
September p.
2li,13«.'i
3,676.3
3,680.9
3,686.7
13.2
13.5
13.6
1950- January
February...,
23,626.9
23,WB.3
Source: Circulation Statement of U. S. Mcoey; Dally ftvaaury Statement for
prellMlnaxy flguree. For detail of ellTer mcmetary atock, sea Table U.
p
PrellHlnary.
Table 3.- Gold Assets and Liabilities of the Treasury
(In millions of dollars)
Uabllltles
End of calendar
year or month
Gold assets
Gold certificates 1/
21,937.8
20,618.8
i9,aai.o
19W>
19l>5
20,061..
191.6
191.7
20,529.0
22,753.9
17,911. .1
18,1.30.5
191.8
2U,2lt3.9
191.9
2l.,li2T.l
19''3
1950- January
February.
2l.,39'..9
23,010.0
23,217.9
156.0
156.0
1,077.9
1,053.2
23,209.6
23,161.7
23,061.0
156.0
156.0
156.0
1,069.2
156.0
156.0
156.0
April
21., 21.6
.9
23,076.1.
Haj
June
21.,231.2
21., 230.
23,039.0
23,022.9
21., 136.1.
22,926.6
23,626.9
22,1.29.8
23,1.82.3
22,275.5
August. ,
. .
.
September p.
Source: Clreolatlom Stataonnt of U. 8. Naney; Dally Treaauiy Statement for
jrellmlnary flgurea.
X/ Ccaiinsee (1) gold certificates tasld by the public and In Federal Beaarrs
Banks; and (2) gold certificate credits In (a) the gold certificate find -
Sold In
General Fund
21,5l.l..O
March
July
Exchange
Stabilisation
Fund i/
156.0
156.0
156.0
156.0
156.0
18,U97.1.
2'.,3'.5.1
21., 21.6 .2
. .
Gold reserre
against U. S.
notes, etc. 2/
£/
^
p
156.0
156.0
156.0
1,800.0
1,800.0
1,800.0
1,800.0
160.7
165.1.
191..
11.2.1.
1,053.9
1,029.3
1,067.1.
1,011..
1,036.2
1,051.8
1,053.7
1,01.1.0
1,050.8
Board of GoTemars, Federal Beeerre System, and (b) the radsaptla
fODd - Federal Baaerre notee.
Baasrre against Oiltad States notee and Treasury notes of 1S90.
ficclndes gold In actlTS portion of Exchange Stablllxatlon Fund,
Br»11m1naTy.
8
..
1
)
1
7
.
November 1950
49
MONETARY STATISTICS.
Table 4.- Components of Silver Monetary Stock
(In
mlHlone of dollars)
Sliver held in Treasury
End of calendar
year or montli
Silver
bullion 2/
Silver
doUare
Silver outside
Treasury
In General Fund
Sectirlng e liver certlflcatoa l/
Subeldlaiy
coin i/
Bxilllon for
recolnflge ]+/
Bullion
at coat 2/
1,520.0
1,520.1
1,703.9
llOO.U
lyits
V)\(>
1,9U.2
3''3.''
l.9h^
1,937.6
337.2
Lk.h
12.5
10.2
lU.O
IJ.l
19l>8
1,971.5
2,003.2
328.1
321.9
5.9
89.3
19^9
11.1*
91*. 1*
1950-January
February,,,.
March
2,006.5
2,008.3
2,010.9
321.8
321.8
321.7
13.0
15.0
15.7
93.5
93.8
2,013.'l
15.7
2,018.9
2,022.8
321.6
320.9
319.8
2,026.7
2,029.7
2,032.8
318.8
317.5
316.6
igits
igWt
April
Maj
June
Jul7
August
September
p.
376.5
356.1*
551.8
Silver
dollare l/
96.8
117.5
137.5
150.1
156.3
Subsidiary
coin i/
Total
a liver
at $1.29+
per fine
ounce
681*.
l*,207.3
771.6
81*6.7
3,870.6
3,512.8
901.1
928.7
3, 511* .2
3,51*7.9
165.0
171.0
971.5
982.2
3,596.7
171.0
171.1
171.2
982.0
3,61*5.8
3,61*9.2
91*.
983.0
3,652.9
171.2
171.7
172.7
981*.
3,660.1*
10.lt
97.1
96.9
97.6
986.5
991.2
3,666.1
3,671.5
8.3
10.3
8.9
98.2
98.0
97.2
173.7
175.0
176.0
993.8
996. I*
1,002.6
3,676.3
3,680.9
3,686.7
19.1
1*05.6
.1
111.
Source: Circulation Statement of U. S. Money; Dally Treaaury Statement for
certain preliminary fl^uree.
1/ Valued at $1.29+ per fine ounce.
2j Includes sllrer held by certain agencies of the Federal Government (see
Dally Treasury Statement for amount). £*oee not Include silver lendleased to foreign governments (these transactions all took place during
the fiscal years 19U2 through 19U6; see I9U6 Annual Beport of the
^
U/
p
185.6
93.1
91.1
982.1*
3,61*3.1
Secretary of the Treasury for amounts )
Valued at $1.38+ per fine ounce.
Valued at $1.38+ per fine ounce or at $1.29+ per fine ounce according to whether the bullion Is held for rocolnage of eubeldlary
silver coins or for recoinage of standard silver dollars.
Preliminary.
Table 5.- Sliver Production in the United States and Acquisitions by Mints and Assay Of f ices ^^
(
Calendar year
or month
Silver
production in
Onlted States
Silver acquisitions by mints and assay offices
Newly mined domestic
silver 2/
191*3
1*0.8
5.5
191*1*
35.7
29.3
.9
191*5
191*6
21.1*
l*.9
191*7
36.1
30.3
191*8
36.1
191*9
3I1.6
1950-January .
February.
March. . ..
U.2
3.9
2.7
April
May
June
July
August,
3.0
2.5
3.7
.
U.l
3.7
In millions of ounces or dollare
3.9
I*/
Foreign silver
^
Treasury Bulletin
50
MONETARY STATISTICS
Table 6.- Seigniorage on Silver
(CumulatlTe from January 1, 1935
End of calendar
year or month
-
In mlLIlone of dollars)
,
November 1950
51
EXCHANGE STABILIZATION FUND,
Table 1.- Balance Sheet as of June 30, 1949, and June 30, 1950
June 30,
June 30, 1950
19I19
Aaeete:
CaBh;
Treasurer of the United States, checking account..,.
Federal Reserve Bank of New York, special account....
Disbursing officers' balanceeand advance accounta...
$7, ng, 798. 88
51,958,320.52
$7,133,087.51
1U6,787,230.93
28,082.7't
lli,055.02
Total cash
Special accounts of Secretary of the Treasury In
Federal Beaerve Bank of New York:
Special account No. 1, gold
Due from foreign hanks (foreign exchange):
Swiss francs
Mexican pesos
Indian rupees
Pakistan rupees
$59,136,202.11*
$153,93l*,373.lt6
170,932,'i7't.35
99, 858, 91*1*. 55
9.W
87,250.10
37,138,369.86
lU, 970, 909. 18
15,000,000.00
9,733,708.13
2,906,252.02
3, '•79, 376. 36
Total due from fore Ign banks
Investanents In United States Government securities
Accrued Interest receivable
55,675,905.50
27,639,969.63
20,000,000.00
20,000,000.00
82,936.11
82,936.11
Accounts rece Ivable
2,925.1*1
Federal Reserve Bank of New York, clearing account
Total assets
Liabilities and capital:
Accounts payable;
Vouchers payable
Employees' pay-roll allotanent account, Wilted States
savings bonds
Due on purchases
Miscellaneous
305,827,518.10
6,6U9.25
(
959.13
2,617,152.31
95,l>OS.55
Total accounts payable
Net Incoine
2,161.30
l,Oli9.59
Reserve for expenses and contingencies (net)
Capital account
Deduct - Subscription to International Monetary Fund
301,519,11*9.16
2,000,000,000.00
1,800,000,000.00
see Table 2)
Total liabilities and capital
Annual balance sheets for fiscal years 193^ through 191*0 appear In the
191*0 Annual Report of the Secretary of the Treaflury and those for
succeeding years appear In subsequent reports. Quarterly balance sheets
101,11*5.97
2,720,253.70
101*, 266. 1*0
12,980,176.119
8,876,228.70
200,000,000.00
2,000,000,000.00
1,800,000,000.00
200,000,000.00
90,127,087.91
92, 538,651*. 06
305,827,518.10
301,519,11*9.16
beginning with that for December 31, I938, have been published In
the "Treasury Bulletin"
Treasury Bulletin
EXCHANGE STABILIZATION FUND,
Table 2.- Income and Expense
ClafiBlflcatlon
January 31, 193U, through
June 30, 19'»9
»310,638.09
Prof Ita on British sterling traneactlons
Januar? 31, 193U, through
Juno 30, 1950
310,638.09
351,527.60
351,527.60
Profits on gold bullion (including profits frcn handling charges on gold]
39,971, "tfij. 53
l>2,579,013.09
Profits on other gold and exchange transactions
It0,000,000.00
to, 000, 000.00
Profits on French franc transactions
102,735.27
102,735.27
3, '•73, 362 .29
3, ''73, 362. 29
Profits on inveetaoents
1,876,790.55
1,876,790.55
Interest on investments
6,698,066.89
7,198,066.89
800,1466.15
86l,5l'6.93
Interest earned on forel^ halancea
2,287,970.97
2,817,573.61
Interest eamsd on Chinese yuan
1,975,317.07
1,975,317.07
97,8U8,338.31
101,5116,571.39
5,237,112.57
6,31*0,336.99
289,6U3.37
33'', 61)1. 51
612,080.39
627,369.27
503,996.16
521,9113.66
Profits on silver transactions
Profits on sale of silver hullion to Treasury (nationalised)
Miscellaneous profits
Total incooe
Eipense;
Personal services .•
,
Travel
Transportation of things
CoDSDunications
•
71,0lt6.67
79,512.17
Other
1,007, '•30. 7't
1,1011,113.73
Total expense
7,721,250. UO
9,007,917.33
90,127,087.91
92,538,6511.06
Supplies and materials
Net income
November 1950
53
_ CAPITAL MOVEMENTS
Data relating to
ties to foreigners,
oIe.Iilb
on foreigners and liabili-
and capital movements between the
United States and foreign countries, have been
collected
since 1975, pursuant to Executive Order 656O of January I5,
the data for January 195O.
Attention Is called to the
fact that although the grand total figures on the revised
reporting basis are reasonably comparable with those for
preceding months, data for individual countries In some
193**.
snd Treasury regulations thereunder.
Information
covering the principal types of data and the principal
countries Is reported each month by banks and bankers and
securities brokers and dealers In the United States.
This
Instances are not comparable because of certain changes In
coverage and geographical classification.
Information Is published regularly In the "Treasury
Is presented in three tables appearing at different times.
Bulletin".
Supplementary Information Is published at less
frequent Intervale.
All reports are made Initially to the
Federal Reserve Banks, which forward consolidated figures
to the Treasury.
The supplementary Information,
contained In Section IV,
Table 1 gives data by countries on short-term claims on and
llabilltlee to foreigners as reported quarterly by exporters,
importers, and industrial and commercial concerns in the
United States. This Information was published for the first
citizens} domiciled outside the United States,
as well as
time In the October IjUg issue of the "Treasury Bulletin"
and begins with data for September 30, 1946.
Table 2
supplies Information by countries on long-term claims on
and liabilities to foreigners as reported by banks and
International organizations, wherever domiciled,
created by
bankers In the United States.
The term "foreigners" as used In these reports covers
all Institutions and Individuals (Including United
treaty or convention between sovereign states.
States
"Short-term"
refers to original maturities of one year or lees, and
"long-term" refers to all other maturities.
discussion of the reporting coverage,
A detailed
basis of reporting,
and derivation of capital movements figures appeared In
the April 1950 Issue of the "Treasury Bulletin', pages 5O-52.
Revised report forms and regulations became effective vlth
Section
I
-
This table appeared for the
first time In the December 19^9 Issue.
Data are for the
end of the calendar year beginning with 1942.
Table 3
gives Information on short-term liabilities to countries
not regularly reported separately by banks and bankers.
This table appeared for the first time In the April I95O
Issue. The data have been requested at Irregular Intervals,
the earliest date being October 19'*3-
Historical Sunmary
Table 1.- Net Capital Movement between the
Iftilted
States and Foreign Countries
(In thouflanda of dollarBj negative figures Indicate a net outflow of capital from the United Statea)
AnalyalB of net capital movement
Calendar Tear or Donth
Net capital
noveioent
Short-term
banking funda
Brokerage
balances
Tranaactlona
In domestic
securities
in:
Treasury Bulletin
5^
.CAPITAL MOVEMENTS.
Sectlon
I
-
Historical Sununary
Table 2.- Short-Term Claims on and Liabilities to Foreigners
.
, ,
November 1950
55
CAPITAL MOVEMENTS
Section
I
-
Historical Summary
Table 4.- Purchases and Sales of Long-Term Domestic Securities by Foreigners
(In thousands of dollars; negative figures Indicate a net outflow of capital from the United States)
Dcmeetlc stocks
Calendar year
or month
Sales
igss-n
1.30,2't5
19'l2
96,383
151,639
136,853
260,223
19'>3
WH
Wit?
igiiS
367,6U9
226,089
369,736
19'»9
Wlifi
igiiT
1950-January.
February
March.,
April
May
June .
.
, .
July p.
August p,
.
1/
1/
81*1,610 1/
75, '•88
19't,6l6
171, '•32
357,655
Dcoaeetlc bonds
net
purchases
-Ull,365 1/
20,895
-'•2,977
-3'^,579
-97,'^32
Total
purchases
1.92, 1*20
l6lt,2l8
2l»l,299
138, SI".
25,701.
513,558
377,717
170,555
268, 2'a,
393,390
70,7'.l.
1/
245, 31U
-15,673
9,322,066
260,601
392,938
650, 4U
637,940
8,695,335
214,002
365,171
439,676
751,045
27,767
210,735
-113,105
-269,743
61,530
-47,892
96,421
782,119
570,894
652,151
784,098
1,116,322
659,949
844,366
708,895
-334,203
-89,055
-192,215
75,203
3,084
54,430
72,753
75,383
119,203
166,120
70,053
72,921
96,925
5,330
46,282
69,195
128,543
119,046
182,257
83,379
83,889
103,''3l
45,164
35,157
78,826
165,091
210,562
77,704
75,216
135,3'^6
-95,652 1/
-6U,li6o
•111, '•70
681., 213
-150,585
35lt,085
376, 67U
Silt, 059
375,303
3144,805
28e,lil5
'•30,013
283,275
330,307
333,592
5'',632
52,386
2,2l*6
20,751
17,667
Ul,729
55,668
'•9,877
-8,11.8
77,'»74
23,0'.U
59,226
-3,558
U0,U52
37,699
US, 773
"•9,095
-322
79,770
3'^,28lt
62,698
65,175
57,706
l»,992
56,31.8
26,183
6l,liOli
3,771
117,082
1.2,027
45,486
30,165
75,055
51,850
-265
-5,987
113,506
161,882
25,854
87,652
20,51.9
l'»l,333
51,585
U8,68o
5l»,667
-21,218
Net purchase
of dcoaestic
securities
purchase,
396,768 1/
li32,109
-lUlt,323
Total
sales
Net
January 4, 1940, through December 31, 1941; the breakdown between stoclcs
and bonds la not available for earlier years.
p
626,731
'•6,599
87,387
Preliminary.
Table 5.- Purchases and Sales of Long-Term Foreign Securities by Foreigners
(In tbouaandB of dollars; negative figures Indicate a net outflow of capital from the United States)
Forel^ bonds
Foreign stocks
Calendar year
or month
1935-41
1942
Net
purchases
Net
purchases
n.a.
855,548
-7,364
77,696
-17,461
65,610
42,558
96,744
70,788
-363
14,560
-15,029
18,027
755,936
658,741
211,621
321,243
490,446
634,289
291,424
311,470
265,490
24,452
-79,803
9,773
821,183
715,859
293,336
410,058
556,056
676,847
388,168
382,258
265,127
39,012
-94,832
27,800
12,589
13,986
13,584
11,455
8,839
13,294
1,134
5,147
290
17,133
131,972
50,348
124,427
30,864
81,982
-107,294
101,108
-31,63'^
29,722
145,958
63,932
135,882
39,703
95,276
-106,160
106,255
-31,344
13,639
-243
2, 016
-1,120
25,193
44,432
76,876
29,886
21,828
27,362
-4,693
22,604
49,514
38,832
58,731
92,527
43,768
34,111
-4,936
24,620
15,651
13,882
12,283
16,771
'•'',133
48,39'^
11,729
13,146
11,487
12,911
242
235
22,108
13,407
23,683
66,983
-1,575
-53,576
33,837
26,553
35,170
79,894
-1,333
-53,341
1946
1947
1948
19'^9
65,247
57,118
81,715
88,815
1950-January,
February
March
ll.,299
Not available.
Preliminary.
3,152,640
227,897
391,949
247,367
402,058
n.a.
n.a.
74,209
88,973
-29,156
n.a,
19,791
22,078
54,789
n.a,
.
4,008,188
220,533
469,645
340,863
355, 4ul
372,158
225,289
347,269
23,278
26,601
37,328
July p .
August p,
Net purchases
of foreign
securities
446,367
314,262
318,113
1943
1944
1945
April
May
June
Total
sales
Totaa
purchases
n.a.
3,487
"•,523
n.a.
93, '•96
-46,617
Treasury Bulletin
56
CAPITAL MOVEMENTS
Section II - Sumnary by Countries
Table 1.- Net Movement of Capital and of Short-Term Banking Funds
(In tliousafldB of doll&ra; DsgatlTe fl^uree lnlloat« a net outflow of capital fixs tha Uhltad Statas)
Country
November 1950
57
CAPITAL MOVEMENTS
Section
II -
Summary by Countries
Table 2.- Net Movement In Brokerage Balances and Long-Term Security Transactions by Foreigners
(In thousonls of dollArs; negative flguree lj»llcate a net outflow of capital from the United States or net sales by foreigners)
Couritry
Treasury Bulletin
58
CAPITAL MOVEMENTS
Section
II -
Summary by Countries
Table 3.- Short-Term Claims on and Liabilities to Foreigners
.
.
.
.
...
)
,
59
November 195^
CAPITMi MOVEMENTS.
Summary by Countries
Balances In Brokerage Accounts
Credit
Table 4.- Foreign Debit and
Section II
-
^^
(PoBltlon at and of month In thousando of dollBTB^
Credit balAncea (due to foreigners
Debit balances (duo frca forelgnera)
1950
1950
Country
France
Garmany
Greece
Italy
Netherlands . .
.
Norway..
Polaai .
Portugal.
Pumanla.
Spain.
.
.
11
236
1
1
1
283
318
35l»
5
1
5
286
6
195
1
l.ltll
1,739
1,622
1,21*2
28
28
28
23
1,308
26
11
9U
322
9
3
3
7
6U
196
118
370
103
186
151
21.6
57't
622
2
2
80
615
2
39
37
.
1*35
U7
2,807
13
23
7
2,591.
2,1*37
2,791*
11
55
12
15
15
78
121.
121*
16
105
5
2
2
2
3
2,91.6
3,822
20
3,958
3,807
3,152
2,795
71
12
52
33
13
9
1.01
1.20
Ul8
383
5,088
5,1*77
.,91.3
U,U50
8
U85
U,68l
558
797
676
51.1
351
271.
lU
137
128
168
131.
161
13
13
13
102
15
78
9U
20
96
2
18
6
5
5
61.
71*
ho
571
1*5
3,222
203
3,800
220
26,526
1,0U8
2,806
18
189
25,282
18
2,173
18
965
1,560
956
1.35
1*09
853
11
821
386
1,1177
1,517
1,228
1,1*09
1,01.5
3,637
It,
001
3,981.
l*,56l*
li,oo6
6
7
5
5
5
1,756
1,535
1,569
1,623
63
122
6,177
5
.
3,067
21
118
168
1,520
23
113
35't
15
1,692
50
792
Ull
1,008
122
371
lUO
U5
123
13
188
3,653
18
l.,925
l.,81.6
5,283
720
22,363
70
133
185
121
727
827
3,625
8
137
3,339
8
6,293
170
3,075
10
5,013
5
3
It30
511
71*5
12,809
12,039
153
326
l.,9l.2
l.,955
11,630
206
5,306
757
799
861
362
798
11,1*72
11,751
12,277
27,216
22,W.5
21,235
20,295
2,789
232
1,331*
1,301*
179
865
17
1,272
1,22U
11
32
6
1,923
1,336
10
37
6
1,079
515
191
35
23
95
32
39
115
2
6
5
1
12
18
15
16U
220
U9
26
23
1,067
31*
2
1
1
99
2
30
121*
110
6
23
3,156
50_
1,^96
36
290
2,712
38
258
21.8
2,991*
3,782
1.8
55
53
78
1*3
iWi
23
26
9
12
65
55
10
12
1.1
51*
9
52
31*7
1*53
260
663
909
1,260
299
500
1.86
298
817
1,073
1,1*^3
3UI
26,167
27,365
25,856
26,938
78,671.
71*, 508
73,61*7
.
211,969
2,915
1,320
671
203
13
Total other countries.
1,536
63
116
1,268
1,757
65
119
770
1,523
59
135
1,072
1,1*57
133
685
2Wt
12
196
1.36
1,012
337
2
81U
1.31.
1*5
789
529
263
91*9
1.88
1,052
139
1
792
509
172
1
1,000
30
.
Grand total.
1,595
kk
1.70
Asia;
International
1.6
1,590
U8
988
U52
968
Other countriee:
Australia
Belgian Congo
Egypt and AngloEgyptian Sudan
Union of South Africa,
Other
1,685
59
1,130
U26
1,056
808
lU
862
399
909
9
1,688
386
1,332
Total Asia..
1,628
5,508
Latin America;
Argentina.,.,
Bolivia
Brazil
Chile
Colomhia
.
5,008
,61*1*
I.
.
l.,671
1*1,609
3,721*
Israel
Japan
Philippines.
Thailand
Turkey
Other Aela.
5,539
1.22
1.2, U2I
Canada.
China and Manchuria.
Hong Kong
India
Indonesia
Iran
6,387
213
6,739
Total Latin America,
1.0,038
203
5,029
Venezuela
Other Latin America.
1.1,1.56
150
9,1*75
Urugiiay
1.1,61.8
122
31.0
7li
li,20li
Peru
Bepublic of Panama,.
El Salvador
1,856
17
1.37
2,205
95
663
750
8,516
Cuba
Dominican Bepuhlic.
Guatemala
Mexico
Netherlands Weot Indies
and Surinam
2,162
17
1,296
3,366
.
11.9
25,702
1,522
7,770
.
1I.9
26,1.6U
175
1,593
8,023
Total Europe
117
33
3,512
1
13
25,91.1
125
2,7'>9
It,
August p
July p
June
May
April
1
7
2I18
67
Sweden
Switzerland ....
U. S. S. P
United Kingdom.
Yugoalavla
Other Europe . .
209
7
1
Ctechosloralcla
Doraark
Finland
July p
223
15
239
Austria
Belgium
June
May
April
August p
It,
31.9
137
38
6
1,61.6
60
Treasury Bulletin
CAPITAL MOVEMENTS
Section Ill-Details for Month of Jime 1950
Table 1.- fihort-Term Claime on Foreigners
(PoBltlcn at end of Bcnth In thouBasde of dollara)
Coimtry
2j
Beginning vlth March I9I17, Inoludee >>alances In aooounU opened
ooctipatlon authorities for foreign trade purpoeee.
\>T
November 1950
61
CAPITAL MOVEMENTS
Section III-Detalls for Month of June 1950
Table 2.- Short-Term Liabilities to Foreigners
(PoeltloD at «Dd of Month In tbouaonds of dollara)
Country
with March 19'*7, Includes balances In accounts opened by
occupation authorities for foreign trade purposes.
Bflgljinlng
Treasury Bulletin
62
CAPITAL MOVEMENTS
Section III-Detalle for Month of June 1950
Table 3.- Purchaaee and Sales of Long-Term Securities by Foreigners
(
Country
In thouaanda of dollars
November 1950
63
CAPITAL HOVEMENTS
Section III A- Preliminary Details for Month of August 1950
Table 1.- Short-Tern Claims on Foreigners
(Poaltlco at
md
of Bcnth In thcraasods of dollan)
Coimtr7
1/
Beginning vlth March 19k7, Inoltilea talneea In acoounts openad ij
occupation authorltlee for foreign trade porpoaea.
Gk
Treasury Bulletin
CAPITAL MOVEMENTS
Section III A- Preliminary Details for Ktonth of Augruet 1950
Table 2«- Short-Tern Liabilities to Foreigners
(PcMltlon at eoA of
onth
in thoiMonds of dollAra)
Cowitrj
V
2/
Beginning with Harch 19^*7, Includes balancea In accounta opened
by occupation authorities for foreign trade purpoeea.
Includes for the first tlae certain aaounte ropreeenting existing
liabilities arising frcm deposit balances and other asseta vfalcb
haTe been held in epeclfic trust accounts but ^Ich have been
excluded In the past frcm reported liabilities
.
.
)
,
November 1950
65
CAPITAL MOVEMENTS
Section III A" Preliminary Details for Month of August 1950
Table 3.- Purchases and Sales of Long-Term Securities by Foreigners
(In thousande of dollars
Purchaaes by foreigners
DomeBtlc aecurltloe
Country
Total
purchaaea
Europe:
Austria
Belgium
Czachoslorakia,
Denmark
Finland
U.S. Government bonds
and notes
Sales by foreigners
Foreign securities
Corporate and other
Bonds
Domestic securities
Total
sales
Stocks
U.S.
"•,750
2,863
8
78
1,128
Gonnanj''
Greece
Italy
Netherlande ....
Norway
Poland
Portugal
Rumania
Spain
u. S. S. P...
Italtod Klngdo
276
8
291
366
2,831
Stocks
1
1.23
158
1,555
16
16
19
222
35
155
35
U21
3,220
158
1*3
2
31
1,272
211t
32
1.
31.
11
716
9
6,291
3,007
11
186
2,132
15
5
170
5
136
33
827
u,2a2
86
35
670
1.6
3,33't
536
17
366
669
1.7
i»05
175
1.2
319
Uo
111
17
231.
185
lUS
Sweden
Switzerland..
100,206
Bonds
1
I*?
108, lUt
32
35
Foreign securities
Corporate and other
5
1,015
I169
France
Govem-
msnt bonds
and notes
320
167
1,879
1.
7
1.
638
5
50
UlU
193
33
3
293
199
93
1
27,206
2,258
20,385
,808
1,252
1,503
5
250
207
1
21.0
199
1,212
3
31.
1,316
22,235
28,366
1.2
U2
12,2l»0
5,855
39'»
"•,915
572
501.
11,233
66
l.,7l.O
883
li,398
Tugoelavla. .
Other Europe.
1,075
1U5
25
7UI1
12lt
37
761.
95
61i
1.9I.
Total Europe.
157,508
1111,691
1,960
33,295
U,085
3,1.77
511,870
10,231.
2,799
311,032
56,591
30,655
6,183
880
7,215
7,658
81., 280
I,5lt7
11,1.1.8
8,185
itlO
11.6
31
105
308
37
315
171
66
Canada
It,
66
Latin America:
Argentina.
Bolivia..,
Brazil....
Chile
Colanbla.
558
58
1,056
U76
515
Cuba
Dominican Pepubllc
3, '•27
2
Guatemala
Mexico
Netherlands West Indies
and Surinam
Peru
Republic of Panama
£1 Salvador
Uruguay
^.
Venezuela
Other Latin Aaerlca.,..
Total Latin America,...
I109
56
2
797
255
181
87
116
105
166
391
97
229
281.
U70
2,1U2
277
129
2,727
2
6
27
UUo
601
236
81
69
1,312
72
1
35
125
75
1
65
71.0
1,637
21
1
719
121.
28
3,861
11.
80
I1I.O
953
108
165
1,660
30
50
176
3
2,lil9
l,lt38
11
2
It03
13,681
1,066
China and Manchuria....
Hong Kong
India
Indoneela
Iran
316
686
60
Israel
Japan
Fhillppince.
Thailand...,
Turkey
Other Asia.,
96
2k
205
Total Asia..
716
135
629
2
980
1,342
37U
;,iii8
1.3
1
21.
72
232
2,062
6
28
896
170
125
65
18
6
359
300
2
969
20
9
1,872
232
1,789
1,692
13,1123
Ii62
559
8e8
11
U9
Asia:
,
316
609
7
1.
6
5
13
13
18
59
1
32
18
155
5
88
1
10
1
157
137
18
98
1,592
1,UOO
1*3
33
1,681.
279
2
2to
37
12
12
122
1
13
2
222
38
76
8
11.
59
25
Other countrlee:
Australia
Belgian Congo
Egypt and AngloEgyptian Sudan
Uhlon of South Af»*lca.
Other
915
9
33
626
2
1
32
21.7
1.67
Total other countorles.
1,253
€a?
275
286
850
It8,680
13,1.07
13.11.6
155,110
IntematicnaJ.
Grand total.
31.
(•,^90
6,25^
231
g37,U5
152,776
9,106
3
3
12,303
1,523
27
2,983
1,566
211.
10,392
Treasury Bulletin
66
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Data relating to corporations In which the United
States Oovernment has a proprietary interest, direct or
indirect, and to certain other business-type aotivlties
Treasury Statement",
of the United 3tates Oovernment are presented in a series
Table 1 gives a summary of loans outof four tables.
ment.
standing, Table
S,
balance sheet data, Table
and expense, and Table
Tables
1
and
2
k,
3,
vrtiich
summarise presented here.
contains greater detail than the
Tables 3 and 4 are compiled from
reports of the agencies, adjusted by the Treasury DepartThe latest available loan and balance sheet data are
presented in this issue of the "Treasury Bulletin", and
Tables 3 ^'^<^ ^ fo'' ^^^ same date will appear In a subsequent Issue.
income
source and application of funds.
are compiled from the mid-month "Daily
Table 1.- Comparison of Gross Loans Outstanding, Excluding Interagency Loans,
June 30, 1949
-
June 30, 1950
(In mllllona of dollars)
By type of loan
:
65
:
U
November 1950
67
C0RP0RATI0K3
AhfD
CERTAIN OTHER BUSINE33-TYPE ACTIVITIES.
Table 2.- Balance Sheets ae of June 30, 1950
{Jn mllllonfi of dollars)
Corporations
Grand
total
Caeh on >"*"<^ and In banks
si/.
Cash with U. S, Treasury
Deposits with other Government corporations and
agencies
Loans receivable;
Interagency
Others , lese reserves
Accounts and other receivables:
Interagency
Others lees reserves
Commodities, supplies, and materials, less
reserves
,
,
Total
corporations
95.1
378.5
107.0
18U.U
l81t.li
9,l»TS.li
1,0U9.2
6,730.2
12,501.7
170. <
116.
32S.5
236.2
2,185.6
2,183.8
2,101.U
1,885.1
200.5
22.0
97.2
1,778.5
Investanents:
Public debt obligations of the United States,.
Securities of Government corporations and
agenc les
,,
Others, lees reserves
Land, atr^lcturee, and equlpnent, lees reserves..
Acquired security or collateral, lees reserves..
All other assets, less reserves
Total assets
,
3, ''82.
2,923.6
85.8
Ul.8
l«3.5
29.9
3U,lli£.l
It, 553 .2
37.9
322.1
25.3
306.5
303.5
380.5
255.5
7,''58.3
1,031*.
6,OU.7
18.3
773.6
7''3.3
2.6
773.6
579.3
11,072.1
9,363.8
Liabilities
Accotints and other payables
Interagency
Others
Trust and deposit liabilities:
Interagency
Others
Bonds, debentures, and notes payable:
U. S. Treasury
Other interagency
^
37't.7
l,03lt.6
Others:
Guarantee! by United States
Not guaranteed by United States
All other liabilities
Totea liabilities
Capital;
United States interest;
Capital stock
Paid-in surplus
Expended appropriations
Kamed surplus, or deficit (-).
l,8U7.li
l,81t7.U
1,213.5
21,779.3
-1,967.5
1,213.5
956.5
970.7
Total United States interest...
22,872.6
1>,
Private Interest:
Capital stock
Earned surplus
Total private interest.,..
Total capital
Total liabilities and capital.
169.1
32.2
201.3
23, 071* .0
3lt,lli6.1
988.0
Banks for
cooperatives
Treasury Bulletin
68
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table 2.
Balance Sheets as of June 30, 1960 (Continued)
(In mllllone of dollara)
November
mO
69
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table 2.- Balance Sheets as of June 30, 1950
(In millions of dollars)
(Continued)
Treasury Bulletin
70
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Footnotes to Table 2
1/
2/
^
U/
3/
0/
jj
B/
2/
10/
11/
12/
13/
Vi/
1^/
Excludes unexpended balances of appropriated funds,
Includes $1^1*3.3 million guaranteed loans held by lending agencies.
Includes $7.0 million participation by other agencies In loons of
Export-Import Bank of Washington.
Includes $83.1 million guaranteed loans held by lending agencies.
Includes notes for short- tena borrovlngs
Represents guaranteed obligations arising from drafts and Invoices
paid by commercial banks.
The surplus Is not available by law for dividend distribution and Is
considered by the Corporation as a reserve for future deposit insurance losses and related expenses with respect to insui^d banks.
Includes $.1 million deposits to "Guaranty Fund".
As shown above as a liability of each corporation or agency.
As shown as an asset of the U. S. Treasury under "Other" businesstype activities. This does not Include obligations of the Economic
Cooperation Administration, which agency is not required to report.
Represents B.F.C. and Agricultural Marketing Act Revolving Fund
proprietary interests in Government corporations.
Represents activities under U. S. Housing Act, as amended. War
housing and other operations of the Administration are shown under
"Certain other bualnese-type actlvltlee".
Includes merged war affiliates. Does not Include Federal National
Mortgage Association and War Damage Corporation (in liquidation),
which are Included under "Other" corporations.
Represents assets held for the Treasury in accordance with provisions
of Act of June 30, 19U8 (62 Stat. II87-II88), which provided for
cancellation of R.F.C. notes In the amount of $9,313-7 million, plus
Interest accrued thereon subsequent to June 30, 19^7, representing
unrecovered costs to the Corporation as of June 30, 19^7, in its
national defense, war and reconversion activities, and stipulated
that any amounts recovered by the Corporation with respect to these
activities subsequent to June 30, 191*7, ahoiad, after deduction of
related expenses, be deposited In the U. S. Treasury as miscellaneous
receipts.
Consists of Defense Homes Corporation (in liquidation); Federal Crop
Insurance Corporation; Federal National Mortgage Association; Federal
Prison Industries, Inc.; Inland Waterways Corporation; Institute of
Inter- American Affairs; Panama Railroad Ccanpany; Smaller War Plants
Corporation (in liquidation); The Vlrein Islands Corporation; and War
Damage Corporation (in liquidation).
16/
11/
18/
12/
20/
21/
22/
It/
25/
26/
The surplus is considered by the Corporation aa available for future
Insurance losses and related expenses with respect to Insured institutions.
Conalets of net incoms from power operations of $156.2 million and
net expense of non-lnccme- producing programs of $125. 1* million.
Reorganization Plan No. 21, effective May 2U, I95O, abolished the
U. S. Maritime Commission, and transferred its functions to agencies
Current data on maritime activities
in the Departanent of Commerce.
will be published when available.
Includes Community Facilities Service and Public Works Administration
(in liquidation). Figures for Comm\mity Facilities Service are as of
May 23, 1950, at which time this activity was transferred to Housing
and Home Finance Agency, pursuant to Reorganization Plan No. 17 of
1950.
Consists of Farm Security Adnlnietration program, homes conversion
program, public war housing program, and veterans' re-use housing
program.
Consists of Agricultural Marketing Act Revolving Fund; Federal
Security Agency - loans to students; Department of the Interior Indian loans and Puerto Rico Reconstruction Administration; Department of the Army - guaranteed loans (World War II) and Natural Fibers
Revolving Fund; Department of the Navy - guaranteed loans
(World War II) and sale of surplus supplies (World War I); Housing
and Home Finance Agency, Office of Administrator - Alaska Housing
Program and Slum Clearance Program; Treasury Department - miscellaneous loans and certain other assets; Veterans' Canteen Service;
and guaranteed loans to veterans.
Represents obligations of Government corporations and agencies as
shown under "Bonds, debentures, and notes payable - U. S. Treasury".
The latter does not include $96k.k million obligations of the
Econcmic Cooperation Administration, which agency is not required to
report.
Includes $3,750.0 million loan to the Iftiited Kingdom.
Includes $2,750.0 million subscription to the International Monetary
Fund and $635.0 million stock in the International Bank for Reconstruction and Development.
Includes $83.5 million reserves for contingent losses, expenses, and
other charges
Includes subscriptions to International Monetary Fund and Bank (see
footnote 2U) and loan to United Kingdom (see footnote 23).
Lees than $50,000.
November 19^0
71
CUMULATIVE TABLE OF CONTENTS.
December 1949 through Noveiaber 1950
ISBue and page number
1950
I9U9
Feb,
Mar.
Apr,
May
June
July
Aug.
Nov,
Sept.
Artlolee;
Traaaury financing operations
Summary of Fedtral fiscal operations
Budget reoelpta and ezpenflltureg:
Recalpta by principal sources
Expenditures by major claaslf Icatlona
ElpendlturoB for national defenae and related actlvltlea
Expendlturee for International finance and aid
"Other" expenditures
Summary by monthe and calendar years
Social Security Act
Ballroad Retirement Act
Railroad Unemployment Insurance Act
Trust accounts,
etc.:
Summary of receipts and eipendltxzrefl of all trust
accounts , etc
Receipts by principal accounts
InreBtanents by principal accounts
Expenditures other than inrestanents by principal accounts..
Federal Old-Age and SurvlTors Insurance Trust Fund
Railroad Retirement Account
Unemployment Trust Fund
National Service Life Insurance Fund
8
8
8
8
9
9
10
10
11
11
9
9
10
10
11
11
9
9
9
9
10
10
10
11
11
10
11
11
12
12
13
13
Ik
Ik
9
9
9
9
9
10
10
11
11
9
10
10
12
12
13
13
12
12
13
111
12
12
13
13
Ik
Ik
15
15
15
15
15
15
15
15
16
16
17
17
18
18
16
16
16
16
17
17
16
16
17
16
16
17
17
9
9
10
10
11
9
9
10
10
11
11
12
12
13
13
lU
12
12
13
13
12
12
13
13
12
lit
111
111
11.
lU
12
13
13
Ik
Ik
15
15
15
15
15
15
15
16
16
17
17
18
18
16
16
17
17
18
18
9
9
10
10
u
U
9
9
10
10
U
11
11
10
10
11
11
U
U
9
9
10
10
11
u
Treasury cash Income and outgo:
Summary of
Derivation
Derivation
Derivation
Derivation
Summary of
lit
12
12
13
13
lU
ll.
lit
12
12
13
13
lU
lU
15
15
15
15
15
15
15
15
16
16
16
16
17
16
16
17
17
16
16
17
17
18
12
IS
13
13
cash transactions
of cash budget receipts
of cash budget expendlturee
of cash trust account transactions
of cash borrowing or repayment of borrowing
cash operating Income and outgo by months
12
12
13
13
Ik
Ik
111
13
111
lU
Oeneral Fund of the Treasury:
Statue of the General Fund
Analysis of change in balance in the General Fund
15
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 investanent accounte
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
IT
17
18
18
17
18
18
18
18
16
16
17
18
17
18
18
17
17
18
18
18
18
17
18
18
18
18
19
19
19
19
19
19
19
19
19
19
19
19
19
19
19
19
19
19
19
19
19
19
19
19
20
20
20
20
20
20
20
20
20
20
20
20
21
23
21
23
21
21
21
21
21
21
21
23
23
23
21
23
21
23
23
23
23
23
21
23
2U
2U
2U
2U
21t
25
25
25
25
.25
Statutory debt limitation:
status under lljaltatlon
Application of limitation to public debt and guaranteed
securities outstanding
<
Debt operations:
Maturity schedule of Interest-bearing public marketable
securities issued by the 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
2U
25
25
25
(Continued on following page)
2U
2k
25
25
25
25
Treasury Bulletin
72
CUMULATIVE TABLE OF CONTENTS,
December 194Q through November 1950
-
(Continued)
BUY
AND
HOLD
UNITED
S
TAT
E S
SAVINGS
BONDS
-^^1
Treas.
HJ
]^0
.A2
1950
C.2
U.S. Treasury Dept,
Treasury Bulletin
@FedFRASER