Full text of Treasury Bulletin : November 1964
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LIBRARY
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81965
TREASURY DEPARTMENT
LFBRARY
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JUN
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? 3 1972
TREASURY DEPARTMENT
POSTAGE AND FEES PAID
TREASURY DEPARTMENT
Treasury Department
U.S.
FISCAL SERVICE, BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
WASHINGTON,
D.C.
20226
OFFICIAL BUSINESS
BUY
AND
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UNITED
STATES
SAVINGS
BONDS
NOVEMBER
1964
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UNITED STATES TREASURY DEPARTMENT
OFFICE OF THE SECRETARY
The Treasury Bulletin is for sale by the
Superintendent of Documents,
S.
Government
U.
Printing Office, Washington D.C. 20/i02
Subscription per year $8.50 domestic, $11.00 foreign
Single copy price varies
November 1964
Table of Contents
Page
Treasury financing operations
A-1
Summary of Federal fiscal operations
1
Administrative budget receipts and expenditures.
2
Trust and other transactions
9
Consolidated cash transactions
19
Account of the Treasurer of the United States...
22
Debt outstanding
2$
Statutory debt limitation
30
Public debt operations
31
United States savings bonds
67
Ownership of Federal securities
72
Treasury survey of ownership of Federal
securities
74-
Market quotations on Treasury securities
78
Average yields of long-term bonds
Bl
Monetary statistics
83
International financial statistics
87
Capital movements
91
Foreign currencies acquired by the United States
without purchase with dollars
110
Corporations and certain other business-type
activities - statements of financial condition.
112
Cumulative table of contents
154
Treasury Bulletin
II
Reporting Bases
Data on receipts, expendlturee, and debt which appear
In the "Treasury Bulletin" are based largely on two Treasury
financial reports, the "Dally Statement of the United States
Treasury" and the "Monthly Statement of Receipts and Expenditures of the United States Government." Certain monetary statistics are based at least in part on the "Circulation Statement of United States Money." Where these state-
ments are given as sources for individual tables,
they are
Their respective reporting bases are
For other data in the Bulletin, informa-
itures and Salanoes of the United States Government" and
for actual receipts and expenditures in the "Budget of the
Beginning with the final statement for the fiscal
year i960, the monthly statement reports totals for net
budget receipts and budget expenditures after deduction
minor amounts of certain other payments made by Government
This reporting change was made In
agencies to the Treasury,
accordance with the plan stated in the President's Budget
Message of January IS, i960.
It does not affect the surplus
was first published for February 195^i
or deficit.
dally statement as the primary source of information on
budget results and other receipt and expenditure data
classified by type of account. At the same time, the
ury Bulletin were revised to the new reporting basis In the
and withdrawals affecting the account of the Treasurer of
the United States.
Both publications have provided compar-
ative figures on their respective bases from the beginning
of the fiscal year 1953.
1951+,
The announcement of February 17,
with respect to these reporting changes may be found
in the April \3<i^ issue of the Bulletin.
The monthly statement shows all receipts and expendi-
Figures for earlier periods shown in the Treas-
September 196O issue. The interfund transactions deducted
under this procedure do not Include payments to the Treasury by wholly owned Government corporations for retirement
of their capital stock and for disposition of earnings.
These capital transfers have been excluded currently from
budget receipts and budget expenditures beginning July 1,
19^4^, and figures for prior fiscal years back through 1932
were revised accordingly at that time.
The daily statement on the new basis was first issued
for February 17, 195'+,
I" the deposits and withdrawals as
no distinction is made as to the type of accounts
including those made from cash
accounts held outside the United States Treasury. The
information Is compiled from reports by the Treasurer of
the United States and by all other collecting and dis-
The deposits are on the basis of
(budget, trust, etc. ).
certificates of deposit cleared through the account of the
Treasurer of the United States. Total withdrawals are on
including those agencies which maintain
the basis of checks paid or cash disbursements made out of
tures of the Government,
bursing agencies,
checking accounts In com-neroial banks.
These reoorts cover
transactions recorded in the accounts of the agencies
during the reporting period.
The net of the transactions
shown,
the Treasurer's account.
Some of the withdrawal classi-
fications shown are reported on the basis of mailed reports
of checks issued and are adjusted by means of clearing ac-
as compiled from tnese reports Is reconciled in the monthly
counts to the total of checks paid.
statement to changes in the balance in the Treasurer's ac-
minor amounts, noncash Interfund and other Intragovernmental
transactions are excluded. The public debt figures in the
count and in cash held outside the Treasurer's account and
changes in the public debt outstanding.
Receipts of taxes and customs duties are reported on a
Other receipts are reported partially
on a collections basis and partially on a deposits basis.
Expenditures, except interest on the public debt, are recollections basis.
Except for relatively
daily statement also are on a "clearance" basis, with the
exception of those issuance and retirement transactions
reported on the basis of telegrams from Federal Reserve
Noncash debt transactions are included, however.
Banks.
ported on the basis of checks issued or cash payments made
The dally statement before February 17, 195'+. covered
not only transactions cleared through the Treasurer's ac-
by disbursing officers.
count but also certain Government agency transactions which
Transactions of an Interfund or
intragovernmental nature are included on the same basis
even though the actual Issuance of checks may not be involved.
Interest on the public debt is included on an
accrual basis beginning with figures for June 1955 and
the fiscal year 1955. Prior to that. It was included on
a due and payable basis.
The same reporting' basis as that
In the monthly statement provides the fiscal year figures
for the Treasury's "Combined Statement of Receipts, Hlxpend-
'
the detail of both budget receipts and budget expenditures.
described below.
tion on sources or reporting bases is given in connection
dally statement was changed to a statement of cash deposits
<
of certain interfund transactions which are Included In
The transactions deducted consist of interest payments and
The monthly statement of receipts and expenditures
an<i replaced the
i
United States Government,"
cited by name only.
with the tables themselves.
,'
were handled through commercial bank accounts, and included
noncash Interfund and other intragovernmental transactions.
It provided Information similar to that In the present dally
statement with respect to the status of the Treasurer's account, and similar to that In the present end-of -month dally
statement with respect to debt issuance, retirement,
and
Receipts and expenditures, however, were,
classified by type of account, and the budget results shown:
amount outstanding.
'
November 1964
III
Reporting Bases
-
(Continued)
reflecting
dled through commercial bank accounts, consisting of market
the results under the President's budget program as enacted
transactions in public debt and guaranteed securities, were
by the Congress.
Interest on the public debt
was included on a due and payable basis beginning with
November 13^ and on a checks-paid basis prior to that time.
In the dally statement were used ae the basis for
as reported by the agencies.
Receipts were on the basis of deooslts as they cleared
the Treasurer's account.
Expenditures cleared through the
the Treasurer's account were reported on two successive
The circulation statement reflects transactions through
they were on the basis of checks paid
the Treasurer's account which affect monetary stocks of gold
Beginning with 19^7,
expenditures made through the facilities of the Treasury
and silver and the amounts of coin and currency in the money
Department's Division of Disbursement were on the basis
of checks issued, while certain others, principally those
however, and the figures are based on transactions consummated during the reporting period even though
bases.
Through
19'*-6
by the Treasurer of the United States.
of the Department of Defense and its predecessor organizations, were on the basis of checks paid.
Mote:
V/here
Transactions han-
supply of the country.
It is issued later than the daily
statement,
some may not have cleared the Treasurer's account during
that period.
calculations have been made from unrounded figures, the details may not check to the totals shown.
I
h
November 1964
JUl
Treasury Financing Operations
November Cash Offering
On October 28,
Subscribers requesting registered notes were required to
1964-,
the Treasury annoTinced an offering
furnish appropriate identifying numbers as required on tax
percent
returns and other documents submitted to the Internal Revenue
for cash of 19-5-billlan, or thereabouts, of 18-nionth
Treasury notes, at par, dated Novanber 15, 1964.
ii
Subscription
books were open only on November 2.
Service.
Subscribers also were required to agree not to pur-
chase, sell, or make any agreements with respect to the pur-
The proceeds of the offering were used to retire the
chase or sale or other disposition of any of the 4 percent
securities maturing November 15, 1964, the $3.3 billion of
notes at a specific rate or price until after midni^t Novanber
4-7/8 percent Series C-I964 notes dated February 15, I960,
2, 1964.
and the $5.4- billion of 3-3/4 percent Series F-I964 notes
dated August 15, 1963, and to provide new cash.
In submitting subscriptions, commercial banks were re-
quired to certify that they had no beneficial interest in any
Of the total $21,900 million of subscriptions received,
of the subscriptions they entered for the acco-unt of their
Subscriptions were received sub-
customers, and that their customers had no beneficial interest
$9,519 million was accepted.
ject to allotment and were payable in full or in part in cash
in the banks' subscriptions for their own acooxint.
Payment for
All subscriptions from States, political subdivisions or
the new notes was required on or before November 16, 1964, the
instrumentalities thereof, public pension and retirement and
Commercial banks were not permitted to make
other public funds, international organizations in which the
Where
United States holds membership, foreign central banks and
payment was made with the maturing securities in bearer form,
foreign States, Federal Reserve Banks, and Government invest-
or in the maturing securities exchanged at par.
delivery date.
payment by credit in Treasury tax and loan accounts.
were to be detached and
ment accounts, were allotted in full, provided a written cer-
In the case of registered notes the final
tification was submitted stating that the amount of their
interest due on November 15, 1964, was paid by check, or by
subscriptions did not exceed the amount of the two eligible
credit in any account maintained by a banking institution
securities owned or contracted for purchase for value, at
with the Federal Reserve Bank of its district.
4:00 p.m., eastern standard time, October 28, I964.
coupons dated November 15, 1964,
cashed when due.
Subscriptions from commercial banks, for their own ac-
Of the notes applied for, there was allotted in full
count, were restricted in each case to an amount not exceeding
about $6,607 million of subscriptions from States, political
percent of the combined capital (not including capital
subdivisions or instrumentalities thereof, public pension and
notes or debentures), surplus and undivided profits of the
retirement and other public funds, international organizations
Commercial banks could submit subscriptions
in which the United States holds membership, foreign central
for account of their customers provided the names of customers
banks and foreign States, Government investment accounts, and
Others than commercial
the Federal Reserve Banks, where the subscriber made the
banks were permitted to enter subscriptions only for their
required certification of ownership of securities maturing on
own account.
November 15, 1964.
50
subscribing bank.
were set forth in the subscriptions.
Subscriptions without deposit were received from banking
institutions for their own account, Federally-insured savings
On subscriptions received subject to allotment, the
Treasury allotted in full subscriptions up to $100,000.
Other
and loan associations. States, political subdivisions or in-
subscriptions were allotted 16.5 percent with a minimum of
strumentalities thereof, public pension and retirement and
$100,000 per subecription.
Subscriptions subject to allotment
other public funds, international organizations in which the
totaled about $8,794 million from conmercial banks
United States holds membership, foreign central banks and
own account and $6,499 million from all others.
for their
foreign States, dealers who make primary markets in Government
The new Series D-1966 notes are dated Novanber 15, 1964,
securities and report daily to the Federal Reserve Bank of
and bear interest from that date at the rate of 4 percent per
New York their positions with respect to Governnent securities
annum, payable semiannually on May 15 and November 15, 1965,
and borrowings thereon. Government investment accounts, and
and at their maturity on May 15, 1966.
All other subscriptions were required
Bearer notes, with interest coupons attached, and notes
to be accompanied by payment of 2 percent (in cash or maturing
registered as to principal and interest were issued in denomi-
securities, at par) of the amount of notes applied for, not
nations of $1,000, $5,000, $10,000, $100,000, $1,000,000,
subject to withdrawal until after allotment.
$100,000,000, and $500,000,000.
Federal Reserve Banks.
.
Treasury Bulletin
A-2
Treasury Financing Operations
-
(Continued)
Tax Anticipation Bills
Tenders were invited on October
1/!^
for $1.5 billion, or
thereabouts, of H.7-day tax anticipation bills issued on
October 26, 1964, for cash.
The bills of this series con-
stitute an additional issue of the bills dated September 2,
1964, which mature March 22, 1965.
Of the total $3,188 mil-
interest.
Issued in bearer form only, the bills are in de-
nominations of $1,000, $5,000, $10,000, $50,000, $100,000,
$500,000, and $1,000,000 (maturity value).
Tenders received, on the basis of preliminary reports,
totaled $2,350 million, of which $1,000 million (including
lion tenders received, $1,503 million was accepted at the
$45 million of noncompetitive tenders) was accepted at the
average bank discount rate of 3.518 percent.
average bank discount rate of 3.790 percent.
Noncompetitive
Noncompetitive
tenders for $200,000 or less (without stated price) from any
tenders for $200,000 or less (without stated price) from any
one bidder were accepted in full at the average price of
one bidder were accepted in full at the average price of ac-
accepted competitive bids.
cepted competitive bids.
These totaled $204 million.
Payment for accepted tenders was
Payment for accepted taiders in cash or other immediately
required to be made or completed on November 2, 1964, in cash
available funds was required to be coipleted on October 26.
or other immediately available furds or in a like face amount
Any qualified depositary was permitted to make payment by
of bills maturing October 31, 1964.
credit in its Treasury tax and loan account for 50 percent
Treasury tax and loan accounts was not permitted.
Payment by credit in
of the amount of tax anticipation bills allotted to it for
Requirements relating to deposits with tenders were like
Itself and its customers up to the amount for which it was
those for the tax anticipation bills described in preceding
qualified in excess of existing deposits.
paragraphs.
Banking institutions
generally could submit tenders for account of customers provided the names of the customers were set forth in such tenOthers than banking institutions were not permitted to
ders.
submit tenders except for their own account.
Tenders were
13-Week and 26-Week Bills
New issues of regular weekly Treasury bills in October
totaled $10.9 billion, refunding $10.8 billion of bills ma-
received without deposit from incorporated banks and trust
turing and providing $0.1 billion of new cash.
companies and from responsible and recognized dealers in
consisted of five weekly issues of 13-week bills, one issue on
Investment securities.
October 1 was for $1.3 billion, the others were for $1.2 bil-
Tenders from others were reqviired to be
The new issues
accompanied ty payment of 2 percent of the face amount of the
lion each; and five weekly issues of 26-week bills
tax anticipation bills applied for, imless the tenders were
billion each on October 1 and 8, and the other three for $1.0
accompanied by an express guaranty of payment by an incorpo-
billion each.
rated bank or trust company.
terms.
The 147-day bills were issued October 26, 1964, and are
All of the new bills carry 91 -day and 182-day
Average rates of discount on the new bills are shown
in the table following:
freely interchangeable with those issued September 2, I964,
and mature March 22, 1965.
They will be accepted at par in
payment of income taxes due March 15,
1%5;
to the extent
they are not presented for this purpose the face amount will be
payable without interest at maturity.
only,
Issued in bearer form
the bills are in denominations of $1,000, $5,000,
$10,000, $50,000, $100,000, $500,000, and $1,000,000 (maturity
value)
One-Year Bills Refunded
On October 21, 1964, the Treasury invited tenders for
$1 billion, or thereabouts, of 365-day Treasury bills for cash
and in exchange for Treasury bills maturing October 31, 1964.
The auction was held on October 27.
The new bills are dated October 31, 1964, and mature
October 31, 1965, when the face amount is payable without
for $0.9
13-week
(Additional amount of bills of
original maturity nf 26 weeks)
November 1964
A-3
Treasury Financing Operations
-
(Continued)
Foreign Series and Foreign Currency Series
In October the Treasury issued two certificates of indebt-
totaled $554- million.
edness of the foreign series totaling $25 million and three
bonds of the foreign currency series equivalent to |106 mil-
The foreign currency series bonds, with maturities ranging
from
14.
months to 19 months, carry interest rates of 3.90 per-
Retirements amounted to $20 million for foreign series
cent for the bonds denominated in Austrian schillings and
securities and the equivalent of $55 million for the foreign
German marks, and 3.87 percent for those denominated in Swiss
lion.
currency series.
francs.
The new 3-month certificates bear interest at the rate of
3.25 percent and 3.60 percent per annum, respectively.
As of
October 31, 196^, the outstanding foreign series securities
Note:
At the end of October foreign currency series secu-
rities outstanding totaled $1,086 million.
In addition to the
Austrian, German, and Swiss currencies, the securities are de-
nominated in Belgian francs.
Details of Treasury market financing operations are shown elsewhere in this issue of the Bulletin in the tables on
public debt operations.
November 1964
SUMMARY OF FEDERAL FISCAL OPERATIONS
(
Administrative budget
receipts and expenditures
Period
Net
receipts
Expenditures
Surplus,
or
deficit
(-)
Fiscal years:
1950
1951
1952
1953
195i
1955
1956
1957
1958
1959
I960
1961
1962
1963
1964p
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
97,200
-5,700
37,235
52,877
64,705
63,654
60,938
63,119
70,616
71,749
68,262
72,738
79,518
78,157
84,709
87,516
37,657
56,236
70,547
72,811
64,622
65,891
66,838
71,157
75,349
79,778
77,565
84,463
91,907
94,188
-422
-3,358
-5,842
-9,157
-3,683
-2,771
3,779
-7,088
-7,040
1,953
-6,306
-7,199
-6,672
311
815
-41
101
739
-259
267
1,092
-691
23
-698
234
729
168
5,533
7,305
9,663
5,735
6,953
12,061
8,013
6,763
7,806
7,590
7,470
7,715
-2,480
542
1,857
-1,854
-516
4,346
-126
404
-270
269
-223
-529
3,547
7,290
10,095
3,400
7,131
8,803
7,863
8,305
7,815
8,776
7,784
8,289
-4,316
-1,015
2,279
-5,377
-652
514
192
-7
155
93
135
76
5,853
8,047
10,148
6,609
6,136
12,310
8,492
7,521
7,871
7,930
7,511
9,513
-2,639
-130
526
2,277
-1,322
-1,375
2,797
581
-41
607
-436
-639
3,487
6,653
10,072
3,398
7,ao
-3,923
-1,430
1,622
-4,930
-40
66
-130
366
-8,661
261
592
99
679
147
435
328
231
-194
195
633
-329
-50
-602
436
97
586
483
-214
-401
-250
-303
284
522
-523
530
-6
-145
507
448
196
733
Feb..
Mar..
Apr.
May..
June.
July.
Aug..
Sept.
Oct..
Nov.
Deo.
.
1964- Jan
Feb
Mar
Apr. .
May. . .
June p.
.
July
August.
September.
October.
.
.
.
1965 to date.
.
23,610
8,083
8,450
8,329
32,271
4,587
-2,135
3,883
6,966
5,189
3,115
-1,623
-2,224
5,816
8,363
1,625
2,640
9,230
7,659
5,853
4,787
87
Months:
196>Jan.
debt, or
decrease
Calendar years;
1950
1951
1952
1953
Net
increase
in
public
(-)
-3,122
3,510
-4,017
-9,449
-3,117
-4,180
1,626
1,596
-2,819
-12,427
1,224
-3,856
-6, 378
-6, 266
-8,303
91,500
Clearing
account,
etc. 2/
1/
39,544
43,970
65,303
74,120
67,537
64,389
66,224
68,966
71,369
80,342
76,539
81,515
87,787
92,642
97,671
36,422
47,480
61,287
64,671
64,420
60,209
67,850
70,562
68,550
67,915
77,763
77,659
81,409
86,376
89,368
1965 (Est.)..
Net of
trust
and other
transactions
In millions of dollara)
-867
Treasury Bulletin
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 1.- Receipts by Principal Sources
November 1964
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 2.- Detail of Miscellaneous Receipts by Major Categories
(In millions of dollars)
Fiscal year
or month
Total
2,749
3,196
3,153
1957
1958
1959
1960
4,064
1964p.
4,082
3,206
4,436
4,046
1965 (Est.).
4,561
1961
1962
1963
1964- Jan..
Feb..
Mar.
352
591
313
Interest
628
745
601
967
942
877
765
946
Dividends
and other
earnings
438
674
328
328
506
1,111
587
805
743
860
970
1,076
754
Royalties
Sale of
Government
property
266
322
343
114
79
90
93
96
387
345
325
392
312
304
49
49
59
350
374
44
53
54
57
182
154
200
133
114
121
124
78
343
263
263
330
342
370
55
58
324
463
10/
11/
Fees and
other
charges
for
services,
Fines,
penalties
and forfeitures
Other
1/
6
45
69
81
62
101
65
160
161
133
111
28
86
93
325
20
23
23
16
100
101
110
120
94
14
89
437
11
79
11
13
6
70
47
8
58
10
7
29
-13
266
92
17
40
87
34
36
8
13
76
4
111
91
-11
7
10
13
35
29
18
11
6
1
-20
32
36
29
5
61
5
1
22
20
10
25
28
3
1
34
11
43
36
12
137
25
739
323
493
Sept.
252
12
92
93
104
Oct..
294
10
96
85
601
385
120
5
8
12
n.a.
46
Income taxes not withheld,
Includes adjustments as follows for:
March -$6 million, June +$106 million, and August -$^ million;
million,
June -$57 million, and
income taxes withheld, March -$50
August -$78million; transfers to Federal Old-Age and Survivors
Insurance Trust Fund, March +$52 million, June -$4-6 million, and
August +$80 million; and transfers to Federal Disability Insurance
Trust Fund, March +$^ million, June -$2 million, and August +$2
million.
See also footnote 9.
Interest on refunds is Included in expenditures in Table 3.
The principal amounts for refunds of employment taxes and certain
excise taxes (highway) are excluded from the transfers of tax receipts
shown herein, and are included with refxmds of internal revenue
receipts, applicable to trust accounts,
Amoxints appropriated to the Federal Old-Age and Survivors Insurance
Trust Fund are equivalent to the amounts of taxes collected and
deposited for old-age insurance. Amounts transferred currently for
appropriation to the trust fund are based on estimates of old-age
insurance tax receipts made by the Secretary of the Treasury {l^2
U.S.C. 401 (a)), and are adjusted in later transfers on the basis of
wage and self-employment income records maintained in the Social
Security Administration.
The Federal Disability Insurance Trust Fund was established by the
Social Security Act Amendments of 1956, approved August 1, 1956 (i2
U.S.C. 4-01 (b)). The act appropriated to the trust fund amounts
equivalent to specified percentages of the wages and self-employment
income, respectively, which are taxed for old-age insurance, and
provided that the amounts appropriated should be transferred from time
to time to the trust fund on the same basis as transfers to the Federal
Old-Age and Survivors Insurance Trust Fund, Rates of tax were increased by the percentages appropriated to the Federal Disability
Insurance Trust Fund, the increase being applicable to wages paid and
taxable years beginning after December 31, 1956.
Amounts are appropriated to the Railroad Retirement Account equal to
the amount of taxes under the Railroad Retirement Tax Act deposited
13
9
11
26
1
20
29
12
1
20
30
77
8
13
1
1
31
]_/
1
12/
11/
14/
11/
*
p
1
56
32
27
36
23
24
10
11
Footnotes to Table
2/
53
n.
Actual figures through 1961 are from reports to the Treasury
Department by disbursing officers and administrative agencies, on the
monthly statement reporting basis (see page II); and from the monthly
statement of receipts and expenditures thereafter. Estimates are
from the Review of the 1965 Budget released October 26, 1964, including
7/
8/
Seigniorage
Fees for
permits
and
licenses
etc.
Source:
6/
Sale of
products
81
July.
Aug..
1.608
371
Recoveries and
refunds
73
72
125
243
356
F.Y. 1965
to date
436
1,012
n.a.
Apr..
May..
June
240
Realization upon
loans and
investments
154
22
26
15
24
37
37
27
effect of proposed legislation.
Consists of miscellaneous taxes (principally the tonnage tax on foreign
vessels entering U. S, ports), bullion charges, gifts and contributions,
and undistributed proceeds, sale of foreign currency.
Preliminary.
Not available.
n.a.
(Continued)
in the Treasury, less refunds, during each fiscal year (65 Stat. 222
and 66 Stat. 371) and transfers are made currently.
The Employment Security Act of I960, approved September 13, t960 (^2
U.S.C. 1101), established in the Unemployment Trust Fund, an adminsistration account, and appropriated for credit to that account,
beginning with fiscal 1961, amoimts equivalent to taxes collected
and deposited under the Federal Unemployment Tax Act, The tax
receipts are transferred currently on the basis of estimates by the
Secretary of the Treasury, with later adjustments as necessary.
From that account is to be paid the administrative expenses of the
Previously the corresponding amounts
emplojTnent security program.
were included, respectively, in budget receipts and budget
expenditures.
The Highway Revenue Act of 1956, as amended, (23 U.S.C. 120, note
established a Highway Trust Fund from which are to be made, as
provided by appropriation acts. Federal-aid highway expenditures
after June 30, 1956, and before October 1, 1972. The act appropriated to this fund amounts equivalent to specified percentages of
receipts from certain excise taxes on motor fuels, motor vehicles,
tires and tubes, and use of certain vehicles, and provided that the
amounts appropriated should be transferred currently to the trust
fund on the basis of estimates by the Secretary of the Treasury with
proper adjustments to be made in subsequent transfers. Before fiscal
1957 corresponding excise tax receipts were included in net budget
receipts and Federal-aid highway expenditures were included in
budget expenditures.
For content, see Table 4« These transactions are included in the
detail of both budget receipts and expenditures but are deducted
from the totals (see Reporting Bases, p, II).
Figures in this col\imn differ from those published under the same
caption prior to the September I960 Treasury Bulletin because of the
exclusion of certain interfund transactions (see footnote 1A)«
Less than $500,000.
Preliminary.
n,a.
Not available.
Treasury Bulletin
AEMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES
$Bil
100
%B\\.
Totol*
Fiscal Year
—
-Comparison first
r
3 months fiscal
years 1964 and 1965
$Bil
Corporation Income ond Profits Toxes
November 1964
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 3.- Expenditures by Agencies
{Ip millions of dollars)
Executive Funds
Office
appropriated
Legislative
Branch
Judiciary
1957
1958
1959
1960
97
99
118
126
39
U.
IP
49
10
1961
13i
153
52
57
U7
152
1965 (Est.)...
964- January .
February.
March, . ,
Fiscal year
or month
1962
1963
196ip
1
April.
May
June p
.
.
.
.
July
August.
September.
.
October,
,
of the
to the
President President
Agriculture
Department
Military
5,006
4,875
56
56
4,115
4,081
4,109
1,764 2/
7,091
5,419
562 2/
645
382
539
62
65
70
29
23
23
1,808
2,053
3,968
4,089
5,929
6,669
7,735
7,926
498
594
676
685
44,677
48,205
48,252
49,749
168
70
325
3,882
6,786
779
15
16
5
2
192
65
5
2
281
171
788
567
567
333
363
604
519
253
383
76
196
330
247
1,068
979
689
91
253
870
11
9
6
2
13
12
13
6
3
5
2
6
2
11
5
2
12
19
6
2
2
5
13
Health,
Education,
and
Civil
functions Welfare
Department
Defense Department
Commerce
Department
639
733
807
902
2,295
2,645
3,092
3,403
971
999
1,128
1,153
3,685
4,215
4,909
5,490
48,600
1,252
4,117
4,040
4,143
4,215
4,265
5,103
132
42
3,238
3,512
3,907
87
3,936
53
48
31
56
54
38,439
39,062
41 ,233
42,824
Interior
Depart-
Justice
Depart-
214
229
250
258
572
666
Post
Office
Department 1/
Labor
Department
518
674
774
State
Department
525
179
206
272
247
914
797
770
258
307
408
370
547
341
511
495
374
35
25
26
77
-224
48
-15
145
28
59
30
26
26
33
31
U
24
26
64
45
8
70
32
59
74
73
33
137
36
28
27
73
95
45
482
114
29
40
74
42
1,900
478
120
275
17q
751
690
801
41
567
1,016
549
908
1,029
1,126
284
294
317
332
620
257
5,707
1,165
351
88
70
76
513
496
93
99
72
85
75
538
210
661
73
84
92
104
120
457
468
115
112
493
122
438
489
89
831
4/
3
24
3
F,Y, 1965
to date.
23
55
3,606
1,025
274
14,592
256
Treasury Department
Fiscal year
or month
Interest
On
public
debt
^
Atomic
Energy
Federal
Aviation
Agency
7/
General
Services
Administration
Housing
and
Home
Finance
National
AeroVeterans
nautics
AdminisSpac€
and
tration
Adm. 8/
On
refunds
of taxes
Other
6/
57
74
69
76
748
765
2,178 12/
875
1,990
2,268
2,541
2,623
441
503
570
425
359
408
-23
199
1,152
309
145
401
83
Corn-
Agency
Other
independent
agencies
Total by
Columbia agencies
of
2/
^^•il
1,214,
1958
1959
I960
7,607
7,593
9,180
1961
1962
1963
1964p
8,957
9,120
9,895
10,673
68
74
987
985
1,059
1,193
2,713
2,806
2,758
2,765
638
698
726
751
387
445
466
600
502
739
410
349
744
1,257
2,552
4,171
5,392
5,173
5,481
1965 (Est,),,.
11,100
102
1,253
2,700
800
581
67
4,900
5,395
1964-January,
February.
March , , ,
925
880
907
5
131
201
78
99
73
58
59
7
4
228
228
48
221
64
54
-79
-2
355
317
359
479
450
454
55
55
50
50
-15
71
1
48
414
448
499
-312
66
452
326
504
-48
49
63
4A1
79
96
167
130
April.,,
May
June p . .
895
899
6
87
7
96
948
6
133
233
223
242
July
August. .
September
957
913
927
6
7
99
95
228
9
88
225
67
66
66
October,
923
10
141
238
65
32
423
263
200
F.y. 1965
to date.
261
951
100
467
567
28
694
50
72
66
57
82,169
88,419
93,155
98,334
633
513
664
81,515
87,787
92,642
97,671
29
69
98,060 JV 860
97,200
68
48
27
17
8,492
7,641
80
120
7,883
12
7,521
7,871
18
7,945
7,537
9,561
15
26
47
7,930
7,511
9,513
23
8
7,887
8,167
477
84
7,410
8,083
-6
8,456
6
8,450
8,339
10
8,329
794
937
293
46
162
386
42
-135
387
466
1,493
71 ,936
80,697
77,233
5,401
478
487
166
69,433
31
911 J2/
334
385
1,873
Total
budget
expenditures
26
25
4,805
5,098
5,232
5,250
39
Actual figures are from the monthly statement of receipts and
expenditures of the Government (for explanation of reporting bases,
see page II); estimates, including effect of proposed legislation,
are from the Review of the 1965 Budget, released October 26, 1964.
Note:
Figures in this table are for agencies as constituted at the time
expenditures were made, and therefore do not necessarily represent
functions which are conq)arable over a period of time. For expenditures
by functions on a consistent basis, see Table 6, Agency shifts are
reflected in this table as follows:
Beginning 1957, Alaska Road
Construction from "Interior Department" to "Commerce Department," and
Federal intermediate credit banks and production credit corporations
as indicated in footnote 12; beginning 1958, Federal Facilities Corporation (remaining functions) from "Treasury Department" to "General
Services Administration," and Informational Media Guaranty Fund from
"Funds appropriated to the President" to "Independent agencies;"
beginning 1959, Federal Civil Defense Administration from "Independent
agencies" to "Executive Office of the President," Civil Aeronautics
Source;
89
-60
-12
Less:
interfund
transactions
10/
District
940
956
224
160
471
26
355
654
8,573
32,848
I
578
68,966
71,369
80,342
76,539
yj
32,271
Board from "Commerce Department" to Independent agencies, "Civil
Aeronautics Administration from "Commerce Department" and Airways
Modernization Board from "Independent agencies" to the "Federal
Aviation Agency," National Advisory Com m ission for Aeronautics from
"Independent agencies" to "National Aeronautics and Space Administration;" from fiscal I960 through November 1962, and from December 1963,
through March 1964, military assistance from "Funds appropriated to
the President" to "Defense Department, military," and beginning 1962,
subscriptions to international institutions from "Treasury Department"
to "Funds appropriated to the President."
1/ Consists of net expenditures of the Postal Fund, reflecting the change
in classification of Post Office transactions to a public enterprise
revolving fund basis, and beginning fiscal I960, payment for public
services,
2/ Beginning 1957, Federal aid for highways is excluded from budget expenditures and included In trust account expenditures (see Table 1),
Adjusted for reclassification.
Remaining footnotes on following page.
^
...
.
Treasury Bulletin
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 4.- Interfund Transactions Excluded from Both Net Budget Receipts and Budget Expenditures
(in millions of dollars}
Interest payments to the Treasury j/
Fiscal
year or
month
Total
Total
interest
Commodity
Credit
Corp,
ExportImport
Bank of
Washington 2/
Housing
and
Home
Finance
Agency
Panama
Canal
Company
Small
Business
Admin.
3/
340
421
181
24
465
46
640
620
499
648
410
330
186
57
199
34
118
146
160
152
860
843
430
21
144
13
80
120
77
73
3
120
12
12
15
11
26
47
26
4A
477
84
477
84
6
6
1957
1958
1959
1960
467
567
355
694
456
1961
1964P
654
633
513
664
1965 (Est.)...
196/1- January.
1962
1963
February.
March ....
April...
May
June p. .
July
August.
.
.
September
October.
F.K. 1965
to date
557
342
682
31
41
51
A7
45
39
90
6
1
Tennessee
Valley
Authority
Reira-
Veterans'
Administration
4/
Under
Defense
Production
Other
6/
V
Act J/
10
14
19
24
30
10
42
35
12
3
9
9
7
7
9
9
15
32
14
20
27
40
47
49
6
154
16
18
22
50
126
29
10
11
»
24
Federal
intermediate
credit
banks'
fran-
chise
tax 8,'
Charges
for
audits
of
various
agencies
9
11
23
bursement by
Panama
Canal
Company
11
13
12
14
15
16
3
96
11
3
3
429
11
25
18
1
46
1
26
31
73
31
15
12
Ji.
13
10
578
572
432
Civil Defense Program Fund; Farmers' Home Administration: Agricultural
Credit Insurance Fund (formerly the Farm Tenant Mortgage Insurance Fund)
and the direct loan account, both established pursuant to Title III of
the Agricultural Act of 1961, approved August 8, 1961; Informational Media Gxiaranty Fund beginning 1959; Federal Ship Mortgage Insurance
Fund beginning I960; and St. Lawrence Seaway Development Corporation
beginning I960.
For net cost of Canal Zone Government, less tolls on Government
vessels, and for part of treaty payment for use of Canal Zone.
Realization on the Government's investment.
Less than $500,000.
Preliminary.
Source: See Table 1.
j/ ^y Government agencies operated as revolving funds; on loans (see "Debt
Outstanding," Table 6) and other interest-bearing U. S. investments.
2/ Excludes transactions under Defense Production Act.
J/ Consists of payments by: Office of the Administrator for college
housing, urban renewal, prefabricated housing loans for 1955, and public facility loans beginning 1957; Federal National Mortgage Association;
and Public Housing Administration.
Direct loan program.
By various agencies for programs under the Defense Production Act,
6/ Consists of payments by the: Colorado River Dam FUnd, Boulder Canyon
project; Virgin Islands Corporation; Bureau of Federal Credit Unions;
Footnotes to Table 3,- (Continued)
V
6/
2/
8/
2/
Beginning with fiscal 1961, administrative expenses of the employment security program are handled as trust account expenditures
rather than budget expenditures, pursuant to the Employment Security
Act of I960, approved September 13, I960 (^2 U.S.C. 1101); see
Table 1, footnote 12.
Reported on an accrual basis effective June 30, 1955.
Includes Reconstruction Finance Corporation except beginning July 1,
Under Reorganization Plan No. 2
1954.J certain functions transferred:
of 1954 (15 U.S.C. 609, note) to the Export-Import Bank, the Federal
National Mortgage Association, and the Small Business Administration;
and under Executive Order 10539, as amended, (15 U.S.C. 603, note)
to the General Services Administration.
The corporation was abolished
at the close of June 30, 1957, by Reorganization Plan No. 1 of 1957,
and its remaining functions were transferred to the Housing and Home
Finance Administrator, Administrator of General Services, Administrator
of Small Business Administration, and Secretary of the Treasury,
Established pursuant to the Federal Aviation Act of 1958 (49 U.S.C.
1341 (a)), approved August 23, 1958.
Established pursuant to the National Aeronautics and Space Act of
1958 (42 U.S.C. 2472 (a)), approved July 29, 1958.
Consists of Federal payment and loans and advances.
For content, see Table 4. These transactions are included in the
detail of both budget receipts and budget expenditures, but are deducted from the totals (see Reporting Bases, p. II).
1
1/
U/
13/
1^/
*
p
Figures in this column differ from those published under the same
caption prior to the September I960 Treasury Bulletin because of the
exclusion of certain interfund transactions (see footnote 10).
Effective January 1, 1957, the production credit corporations were
merged in the Federal intermediate credit banks, pursuant to the Farm
Credit Act of 1956, approved July 26, 1956 (12 U.S.C. 1027), and operations of the merged agencies (as mixed-ownership corporations) were
classified as trust enterprise funds from January 1, 1957, until
January 1959 when they were classified as Government-sponsored enterprises (see "Trust and Other Transactions," Table 3); previously the
operations of the banks and the corporations, respectively, were
classified as public enterprise funds and were included net in budget
expenditures.
Includes $1,375 million paid to the International Monetary Fund for the
additional United States subscription, authorized by an act approved
June 17, 1959, consisting of $344 million in gold (see "Monetary
Statistics," Table 3) and $1,031 million in special notes. The special
notes of the United States issued to international Institutions are
nonnegotiable and noninterest-bearing and are payable on demand. See also
"Consolidated Cash Transactions," Table 2 and "Debt Outstanding, "Table 1.
Totals include $150 million allowance for contingencies, and $450 million
for comparability pay adjustment.
Less than $500,000.
Preliminary.
{
November 1964
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 6.- Expenditures by Functions
(Fiscal years; in millions of dollars)
Functions
Treasury Bulletin
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 6.- Expenditures by Functions
(Fiscal years;
-
(Continued)
in millions of dollars)
Functions
Source:
Expenditures for 1964. and 1965 are from reports received from discollecting, and administrative agencies of the Government, on
the monthly statement reporting basis (see page II).
They are classified in accordance with classifications used in the 1965 Budget document, Table 18, as nearly as can be done on an Individual appropriation
and fund item basis. Prior year figures are from the same source but
have been adjusted below the appropriation level in some instances by
the Bureau of the Budget for use in Table 18.
Where cxirrent classifications differ on this account, they are footnoted. Revolving fund
transactions are Included net in the expenditures.
For expenditures by major functions for fiscal 1965 through October
1964, and fiscal 1964 through
October 1963, see "Note" belou.
Details
by functions are not available for publication in this issue but will
appear in the December I964. Bulletin.
See footnote 3.
Expenditures for 1964 and 1965 include those for assistance for elementary and secondary education applicable to functional code 701 and other
aids to education applicable to functional code 704. These expenditiires
were made from "Defense Educational Activities, Office of Education."
Expenditures for 1964 and 1965 include those for veterans' nonserviceoonnected pensions applicable to functional code 802 and other veterans' benefits and services applicable to functional code 805.
These
expenditures were made from "Coi^ensation and Pensions, Veterans Administration, "
biirslng,
See footnote 4.
5/
Preliminary.
p
Note:
Expenditures by
ajor functions, see footnote 1.
November 1964
.TRUST AND OTHER TRANSACTIONS.
Table 1.- Summary of Trust and Other Transactions
(in millions of dollars)
Fiscal year
or month
1957
1958
1959
1950
1961
1962
1963
1964p
1965 (Est.)
1
964-January
February
March
April
May
June p
July
August
September
October
Fiscal year 1965 to date.
Net receipts or
expenditures ( -)
from trust
and other transactions
.
.
.
... .
,
Treasury Bulletin
10
.TRUST AND OTHER TRANSACTIONS,
Table 3.- Trust, Deposit Fund, and Government -Sponsored Enterprise Expenditures
(In millions of dollars; negative figures are excess of credits}
Trust and deposit fxmds
Fiscal year
or month
Federal
Disability
Insurance
Trust Fund
Federal Old-Age
and Survivors
Insurance Trust
Fund
Unemployment
Trust
Fund
Railroad
Retirement
Account
National
Service Life
Insurance
Fund
Government
Life
Insurance
F^ind
2,620
2,784
3,017
3,646
1,435
3,850
110
IDS
115
241
179
226
114
113
115
222
242
334
405
426
28
7
-20
-12
5
117
118
118
441
-134
5
5
120
436
137
472
1,708
37
11,752
13,270
14,530
15,285
746
1,089
1,259
1,341
1,124
1,135
1,112
1,139
4,734 2/
3,906
3,815
3,707
707
626
747
94
96
16,072
1,429
1,185
3,456
1,234
1,253
1,272
103
106
107
99
102
205
37
39
17
94
422
572
443
April
May
June p
1,273
1,273
1,690
108
107
130
96
99
93
314
227
267
37
32
36
5
July
August
September.
1,270
1,275
1,286
110
110
112
96
37
32
93
235
217
210
6
100
32
1,282
111
100
165
33
5,113
443
390
827
133
1961
1962
1963
1964p
1965 (Est.)
1964- January.
February.
March
.
October.
.
,
.
..
Fiscal year 1965
to date
1
Trust and deposit
funds-( Continued)
Fiscal year
or month
1957..
1958.
1959..
I960..
Other
trust
(net)
565 S/
915 §/
672 S/
711
1961..
1962..
1963.
1964p.
697
835
1,208
1,052
1965 (Est.)...
.
.
103
.
July
August. .
September.
.
October.
.
Fiscal year 1965
to date
433
216
-31
-61
-75
205
-544
U6
-589
1,617
1964- January.
February
March. ..
April
May
June p
Deposit
funds
^
Total
trust and
deposit funds
80
83
79
73
538
531
5
5
5
5
5
Government-sponsored enterprises (net)
Farm
Credit
Administration
^
Federal
home loan
banks
Other
operations
Financing
by Treasury
955
1,063
1,183
1,326
86
120
561
515
544
562
582
181
361
Federal National
Mortgage Association 1/
966
1,512
2,613
2,945
1,644
3,148
3,054
2,736
6,665
8,041
9,380
11,073
Highway
Trust
Fund
591
699
792
896
682
730
778
1,136
1957
1958
1959
1960
Federal
employees'
retirement
funds
Federal
Deposit
Insurance
Corporation
^
Total
Total
trust
and
other
expenditures
924
102
176
946
41
3
-42
42
-16
-73
317
-730
-98
66
170
-16
-10
4
14
1
-3
-6
-20
3
-19
14
Less:
Interfund
transactions 6/
Net trust
and other
expenditures
2/
November 1964
12
.TRUST AND OTHER TRANSACTIONS.
Table 4.- Investments In Publ'lc Debt and Agency Securities (Net)
....
Treasury Bulletin
12
.TRUST AND OTHER TRANSACTIONS,
Table 5.- Sales and Redemptions of Government Agency Securities In Market (Net)
(In millions of dollars; negative figures are excess of sales)
Securities guaranteed by the United States
Securities not guaranteed by the United States
Public enterprise funds
Public enterprise funds
Fiscal year
or month
Total 1/
Total
guaranteed
Federal
Farm
Mortgage
Corporation
Federal
Housing
Administration
Home
Owners'
Loan
Corporation
enterprise
fund
D.
C.
Total not
guaranteed
1/
stadium
fund
1957
1958
1959
1960
-1,171
-400
-1,293
-1,746
-33
6
-10
-29
-10
-28
1961
1962
1963
1964p
537
-1,780
-1,022
-1,880
-100
-204
-162
-206
-204
-162
-206
n.a.
n.a.
n.a.
289
230
-24
-20
-31
-25
-20
-31
-25
309
261
April
Hay
June p
-109
-117
-502
16
-23
11
16
-23
11
-125
-95
-513
July
August
64
-378
108
-8
-27
-38
-27
-38
-67
66
66
1965 (Est.)
1964-January. ..
February.
March
.
September.
October.
.
.
Fiscal year 1965
to date
-272
-33
1,13?
-4D6
6
-81
1,283
Federal
intermediate
credit
banks 2/
Federal
National
Mortgage
Association 2^
136
-233
6
1,717
-19
638
1,576
-860
1,674
2
73
-350
146
-133
-264
797
Home
Owners'
Loan
Corporation
No\^mher 1964
13
.TRUST AND OTHER TRANSACTIONS.
Table 6.- Interfund Transactions Excluded from Both
Net Trust Account Receipts and Net Trust Account Expenditures
(In millions of dollars)
Fiscal year
or month
1957
1958
1959
1960
Federal
Old -Age and
Survivors
Insurance
Trust Fund 1/
Federal Disability
Insurance
Trust
Fund 1/ 2/
Railroad
Retirement
Account
1/1/
124
600
Federal
employees
retirement
funds
V
District
of
Columbia 6/
3
9
11
10
10
135
211
86
32
37
9
47
12
12
i23
403
132
101
38
35
399
23
50
75
16
332
1963
196ip
1965 (Est.)
361
196^ -January
February
March
13
15
563
8
1
12
1
16
1
July
August
September
Source;
See Table 1
1/ Payments are made between the Railroad Retirement Account and the
Federal Old-Age and Survivors and Federal Disability Insurance trust
funds so as to place those funds in the position in which they
would have been if railroad employment after 1936 had been included
under social security coverage,
2/ Includes interest on amounts reimbursed to the Federal Old-Age and
Survivors Insurance Trust Fund for administrative expenses.
2/ Includes temporary advances to the Railroad Unemployment Insurance
Accoxint in the Unemployment Trust Fund when the balance in the
521
11
19
Fiscal year 1965 to date
515
528
505
1
2
2
October
908
7
15
403
10
5
2
6
13
22
22
1961
1962
April
May
June p
Unemployment
Trust
Fund 4/
4
7
443
21
22
21
45
10
7
17
4/
5/
6/
account is insufficient to meet payments of benefits and refunds due
or to become due.
Repayment of advances plus interest to the Railroad Retirement Account,
See footnote 3,
Transfers from the Civil Service Retirement and Disability Fund to
the Foreign Service Retirement and Disability Fund,
Contributions and beginning with 1958, transfers of deductions from
employees salaries to the Civil Service Retirement and Disability
Fund, and advances to National Park Service,
Less than $500,000,
p Preliminary,
'
*
.
.
.,.
Treasury Bulletin
lA
.TRUST AND OTHER TRANSACTIONS,
Table 7.- Federal Old-Age and Survivors Ineurance Trust Fundi/
(In millions of dollars)
Receipts
Fiscal year
or month
Total 2/
«,996.1
1937-56
1957
1958
1959
1960
7,100.6
Appropriations
2/
41,629.4
6,243.0
6,794.9
7,084.0
9,192.4
10,537.2
10,600.0
12,351.2
14,335.1
Deposits byStates 4/
Expenditures other than investments
Payments from
Net earnings
Railroad Retireon investments
ment Account
Benefit
payments
^
28.6
433.2
296.8
472.1
481.1
650.3
755.4
869.6
989.6
1,166.6
3,889.2
555.3
555.4
543.0
516.4
530.2
539.0
512.4
539.0
23,403.0
6,664.8
8,040.7
9,379.3
11,072.7
11,752.3
13,270.2
14,529.7
15,284.7
n.a.
576.0
16,072.0
5.2
1.6
1961
1962
1963
1964p
1965 (Est.)...
16,471.0
196^- January .
February.
March. ...
111.8
2,170.3
1,379.7
105.5
1,946.0
1,371.4
2.4
205.0
4.0
3.8
19.3
4.3
1,234.2
1,252.9
1,271.8
1,208.4
1,220.7
1,241.9
1,042.0
2,969.5
1,506.0
1,006.0
2,587.0
1,310.5
15.6
355.8
-1.3
20.3
26.8
196.7
1,273.5
1,272.6
1,689.7
1,246.4
1,242.7
1,244.9
568.5
2,493.1
1,027.9
564.0
2,100.6
1,015.0
1.1
371.9
7.6
3.4
20.6
5.3
1,270.2
1,274.8
1,286.4
1,243.4
1,250.6
1,253.9
137,213.1
122,446.9
6,495.2
8,209.3
117,229.3
112,175.2
.
.
July
August . . .
September.
1937 to date p 6/-
35.4
Expenditures, etc. - (Continued)
Construction 7/
Reimbursement
Bureau of
to general
OASI
fund 8/
^
1937-56
1957
1958
1959
1960
1961
1962
1963
1964p
.3
1.6
11.6
12.5
1.8
3.1
1.7
2.6
1965 (Est.)....
April
May
June p .
.
, .
July
August .
September.
.
.
1937 to date p 6/.
39.0
39.4
43.8
45.3
48.5
51.7
Reimbursement (-) from
Federal Disability Insurance Trust Fund 10/
551.0
119.0
138.9
173.2
179.3
223.6
263.5
275.4
312.4
35.4
402.6
2,242.6
(-),
in
Investments
assets
Unexpended
balance
11/
-9.1
-17.5
-28.3
-33.2
-60.3
-62.9
-63.8
22,593.1
23,028.9
22,812.6
21,541.4
20,828.7
20,900.3
19,641.1
18,967.1
19,725.8
n.a.
399.0
20,124.8
22,043.0
22,263.3
21,764.2
20,474.4
19,748.8
19,523.5
18,434.7
17,613.2
18,304.9
550.1
765.6
1,048.4
1,067.0
1,079.9
1,376.8
1,206.5
1,353.9
1,420.9
4.1
4.1
4.1
21.5
27.8
25.6
-1,122.5
917.4
107.9
17,418.9
18,336.3
18,444.2
16,269.7
16,712.4
16,958,.1
1,149.2
1,623.9
1,486.0
4.5
4.2
4.2
22.5
25.7
37.8
-231.5
1,696.9
-183.8
18,212.6
19,909.5
19,725.8
16,251.
18,132,
18,304.
1,961.4
1,776.8
1,420.9
3.5
3.0
3.6
23.2
21.2
28.9
-701.7
1,218.3
-258.5
19,024.0
20,242.3
19,983.8
17,530,
18,629,
18,624.
1,493.9
1,612.4
1,358.9
742.4
2,309.5
19,983.8
19,983.8
18,624.9
1,358.9
Source:
See Table 1.
Includes transactions under the predecessor Old-Age Reserve Account.
1/
Total
includes:
2/
$15.4 million transferred from general fund for administrative and other costs of benefits payable to survivors of certain
World War II veterans (60 Stat. 979 and 64 Stat. 512); beginning
November 1951, small amounts In the nature of recoveries from expenditures incidental to the operations; and beginning 1958, Interest payments from Federal Disability Insurance Trust Fund, and sale of waste
paper.
2/ Includes unappropriated receipts beginning January 1962. For basis,
see "Administrative Budget Receipts and Expenditures," Table 1, footnote
9.
6/
399.0
Net increase,
or decrease
22,593.1
435.8
-216.3
-1,271.2
-712.7
71.6
-1,259.2
-674.1
758.7
n.a
1964- January
February.
March
.
399.3
30.9
34.5
124.4
600.4
331.7
360.8
422.5
402.6
Assets, end of period
Administrative expenses
Fiscal year
or month
^
22,452.8
6,514.6
7,874.9
9,049.1
10,269.7
11,184.5
12,657.8
13,844.6
14,579.2
3,108.7
10,360.0
11,823.9
12,011.0
13,855.7
16,043.4
April
May
June p .
Payments to Railroad Retirement
Account
To cover en^iloyees of States and their political subdivisions, under
the Social Security Act Amendments of 1950 (42 U.S.C. 418).
See Table 9.
Includes adjustments to monthly statement basis.
-275.7
Construction and equipment of office buildings for the Bureau (Public
Law 170, approved July 31, 1953 (67 Stat. 254)).
8/ Under the Social Security Act, as amended (42 D.S.C. 401 (g)(1)), for
administration of Titles II and VIII of that act and related parts of
See also
the Internal Revenue Code (26 U.S.C. 480-482, 1400-1432).
footnote 9.
2/ Salaries and expenses of the Bureau of Old-Age and Survivors Insurance
are paid directly from the trust fund beginning 1947, under provisions
of annual appropriation acts until passage of the Social Security Act
Amendments of 1956 (42 U.S.C. 401 (g)(1)); previously these expenses
were included in reimbursements to the general fund.
10/ See Table 8.
This reimbursement is treated as a reduction in administrative expenses paid from the Federal Old-Age and Survivors Insurance
Trust Fund. Figures exclude interest ( see footnote 2).
11/ Includes unappropriated receipts beginning January 1962.
«
Preliminary,
p
Less than $50,000.
Not available.
i.a.
7/
November 1964
8
.
Treasury Bulletin
16
.TRUST AND OTHER TRANSACTIONS,
Table 10.- Unemployment Trust Fund
(in millions of dollars)
Expenditures other
than investments
Receipts
Railroad unemployment insurance
Employment security program
State
accounts
Fiscal
year
or month
Total
Deposits
by
states
Railroad Unemployment
Insurance Account 6/
Employment Security
Administration
Account 2^/
Appropriations
Federal
UnemployAdvances ment
from
Account
general
Federal
Extended
Compensation
Account
fund
1/
25,450.8 10/ 21,541.9
1,912.0
1,541.7
1,500.7
1,855.5
1,700.6
1,997.4
2,703.3
2,167.0
3,803.3
2,398.1
2,728.6
3,985.4
4,260.7
3,008.9
4,288.2
3,042.3
1936-56
1957
1958
1959
I960
1961
1
1962
1963
196i p
232.1
71.2
33.5
2.6
344.4 Jjy
452.6
945.4
846.6
51.5
34.9
-81.9
-4.5
498.1
332.9
2.4
Deposits
by
Railroad
Retirement
Board
7/
1,091.4
74.3
90.4
102.0
153.0
152.7
147.1
149.
143.3
1965 (Est.).
4,170.0
1964-Jan....
Feb
Mar.
Apr ....
May
June p.
233.8
734.8
113.9
256.3
899.3
133.8
83.4
289.0
July...
Aug
Sept...
273.5
740.1
94.8
229.7
676.0
26.0
.9
39.0
.7
1.2
36.1
.7
35.0
6.2
29.2
1936 to date
P 12/
51,364.3
40,561.4
2,591.7
110.0
.
•
.
Administration
fund 2/
Advances froro-
Deposits
Railroad
by
RetireGeneral Railroad
ment
Retirefund
Account
ment
8/
Board
183.7
132.3
101.5
37.7
35.2
13.0
7.0
-.6
7.9
8.9
8.6
8.1
7.9
12.7
50.0
18.8
232.2
875.2
32.5
112.1
661.2
54.6
6.0
3.0
2.2
30.0
-244.2
.5
3.7
35.1
1.4
4.6
29.6
339.3
833.5
2,140.3
6.7
10.6
Interest
and
profits
on
investments
2.8
5.5
2.9
7.3
3,456.0
.1
2.0
67.6
.4
1.9
13.0
1.3
56.6
Account
Withdrawals Grants
by
to
States
States
229.0
191.1
.3
19.4
Atiminist rat ion
212.6
188.1
204.5
172.6
.3
.1
1/
6,661.0 10/ 15,497.2
1,643.9
1,510.7
3,148.0
2,926.4
3,053.9
2,796.9
2,736.4
2,366.3
4,733.7 11/ 3,552.0
2,818.8
3,906.4
2,810.2
3,815.5
3,706.7
2,703.2
2,478.2
224.8
230.9
186.9
14.3
3.2
13.7
10.6
.3
Total
EmployState
ment
accounts
Security
H
1
2.2
500.6
Employment
security program
422.3
571.9
375.0
467.6
336.4
412.8
314.0
227.0
267.4
325.3
276.2
303.4
253.2
189.2
182.7
55.5
32.5
32.3
41.7
26.3
35.4
235.5
216.8
209.9
171.8
170.2
144.6
53.7
35.3
U3.5
4,104.8 W,067.7
33.1
37,468.2 1,713.9
November 1964
17
.TRUST AND OTHER TRANSACTIONS,
Table 11.- National Service Life Insurance Fund
(
In millions of dollars)
Receipts
Fiscal year
or month
Total
13,724.7
607.5
639.8
634.3
642.6
667.6
663.9
657.7
663.9
19a-56
1957
1958
1959
I960
1961
1962
1963
1964p
Premiums and
other receipts
7,115.2
424.8
459.1
453.4
459.9
483.8
482.8
476.7
481.5
Transfers from
general fund
4,669.3
19.3
14.4
12.2
10.3
8.4
6.9
6.0
6.0
1965 (Est.)...
664.0
1964- January .
February.
March. ,
April. . ..
May
June p.
53.4
34.3
41.9
38.7
36.6
216.4
50.7
33.6
41.2
38.2
36.1
42.1
July
August.
September
46.9
38.5
41.2
46.3
38.0
40.6
.6
19,028.6
10,962.1
4,754.5
.
.
.
1941 to date p.
Interest on
investments
Expenditures other
than investments
(benefits, refunds,
and dividends)
1,940.2
163.4
166.2
168.8
172.4
175.4
174.2
175.0
176.5
.4
.6
2.4
.7
.1
.1
.5
. 'J
.5
173.8
.5
.5
3,312.1
See Table 1.
Source:
Note:
This fund uas established by the National Service Life Insurance
Act of 1940 (38 U.S.C. 720).
Assets, end of period
Net increase,
or decrease
(-),
in
assets
Total
Investments
Unexpended
balance
5,481.1
5,570.3
5,665.3
5,741.5
5,803.1
5,759.4
5,803.5
5,713.9
5,786.2
9.9
13.2
14.4
10.4
9.9
13.8
5,609.4
5,606.9
5,609.8
5,611.4
5,616.0
5,796.8
5,601.1
5,602.5
5,603.5
5,606.5
5,610.0
5,786.2
8.3
4.4
6.3
4.9
6.0
10.6
10.2
6.1
9.7
5,807.0
5,813.1
5,822.8
5,801.5
5,810.7
5,817.1
5.4
2.4
5.7
5,822.8
5,822.8
5,817.1
5.7
,233.7
515.0
543.6
562.1
581.6
707.5
626.4
747.1
588.5
5,491.0
92.5
96.2
72.3
61.0
-39.8
37.5
-89.3
75.5
5,491.0
5,583.5
5,679.7
5,751.9
5,813.0
5,773.1
5,810.7
5,721.3
5,796.8
474.0
190.0
5,986.8
204.6
36.8
39.0
37.1
32.0
35.7
-151.2
-2.5
2.9
1.6
4.6
180.8
36.8
32.3
31.5
13,205.9
7.1
7.4
10.6
Less than $50,000.
Preliminary.
Not available.
•
p
Footnotes to Table 10
1/
2/
3/
4/
y
b/
2/
Beginning
State unemployment funds; used for benefit payments mainly.
August 1961, withdrawals by States have been reduced by reimbursements
to State accounts from Federal Extended Compensation Account.
Established by the Employment Security Act of 1960, approved September
13, I960 (42 U.S.C. 1101 (a)), into which are deposited tax receipts
transferred in accordance with the act (see "Administrative Budget
Receipts and Expenditures," Table 1, footnote 12), and from which are
paid the administrative expenses of the employment security program
Previously the corresponding amounts
and reimbursement for tax refunds.
were included, respectively, in budget receipts and budget expenditures,
and only the excess of receipts over expenditures, if any, was transReceipts consist of
ferred to the trust account by appropriation.
appropriated and unappropriated transfers of tax collections. The
Federal unemployment tax allows to the taxpayer credit for contributions to State unemployment funds up to 90 percent of the tax.
Net of repayments.
Excess of collections from Federal unemployment tax over expenditures
for benefits and administrative expenses each year is deposited in
this account to maintain a reserve of $200 million available for loans
to States when needed to replenish the balances in their accounts in
the trust fund.
Beginning 1961, these transfers are from the administration fund in the trust account; previously they were from the general
fund.
Any remaining excess is credited to the State accounts (42 U.S.C.
1101 - 1103).
Established by the act approved March 24, 1961 (42 U.S.C. 1105(a)),
which provides for a ten^iorary program of extended unen^jloyment compensation payments.
Figxires exclude
For payment of benefits and refunds (45 U.S.C. 360).
interim advance of $15 million from the Treasury and subsequent repayment, both in 1940.
Contributions under the Railroad Unemployment Insurance Act of 1938,
as amended (45 U.S.C. 360 (a)), in excess of the amount specified for
8/
administrative expenses. Through 1957, also includes transfers from
the administration fund of excess amounts over the specified balance
(45 U.S.C. 361 (d)).
Temporary advances are made when the balance in the Railroad Unemployment Insurance Account is insufficient to meet payments of benefits
When ever the balance is sufficient
and refunds due or to become due.
to pay such benefits and refunds, repayments are made, plus interest
at 3% per annum, pursuant to an act approved May 19, 1959 (45 U.S.C.
360 (d)).
2/
10/
11/
12/
13/
iV
iV
Consists of a specified proportion of contributions deposited in the
fund to be available for administrative expenses. The Railroad Unemployment Insurance Administration Fund was established in the Unemployment Trust Fund pursuant to the amending act of September 6,
1958; before that the administration fund was a separate trust fund
(45 U.S.C. 361).
Total includes $107.2 -million transferred from State accounts to the
Railroad Unemployment Insurance Account in connection with its
establishment (45 U.S.C. 363).
Beginning fiscal 1961 refunds of taxes (principal only) are reported
Interest paid on refunds of taxes is
as deduction from receipts.
included under expenditures. See footnote 13.
Includes adjustments to monthly statement basis.
Includes small amounts for interest on refunds of taxes.
Includes interest.
Excludes adjustment pursuant to the act of September 6, 1958 (45 U.S.C.
see footnote 16.
Includes an adjustment of $7.2 million pursuant to the act of September
6, 1958 (45 U.S.C. 361 (a)); see footnote 9.
Includes unappropriated receipts beginning September 1960.
Less than $50,000.
Preliminary.
Not available.
361 (a));
16/
17/
•
p
n.a.
Treasury Bulletin
18
.TRUST AND OTHER TRANSACTIONS,
Table 12.- Investments of Specified Trust Accounts In Public Debt Securities
by Issues, as of September 30, 1964
(In millions of dollars)
Federal Old-Age
and Survivors
Insurance Trust
Fund
Issue
Public issues;
Treasury Notes:
4-5/3!f
-
4
-
3-5/8
3-3/4
3-5/8
-
-
Series A-1965
Series A-1966
6.4
Series B-1966
Series A-1967
Series B-1967
Treasury Bonds:
-
-
1964-69 (dated 4/15/43)
1964-69 ( dated 9/15/43) ....
1965
1965-70
3-3/4
3-3/8
3-5/8
-
1966
1966
1967
2-1/2
3-3/4
3-7/8
-
1967-72 (dated 10/20/41)...
1968
1968
4
4
4
-
1969 (dated 8/15/62)
1969 ( dated 10/1/57)
1970
3-7/8
4
4
-
1971
1971
1972 (dated 9/15/62)
4
-
4
-
1972
1973
1973
1974
2-1/2JS
2-1/2
2-5/8
2-1/2
4-1/8
3-7/8
-
(
-
1975-85
1978-83
1980
4
3-1/4
4-1/4
-
1980
1985
1987-92
4
4-1/8
3-1/2
-
1988-93
1989-94
1990
3
-
3-1/2
2-3/4
-
4-'l/8
20.0
57.5
100.0
38.0
32.5
78.0
60.
U9.
153,
25,
91.3
556.2
1995
1998
Investment Series B-1975-80
Total public issues
Special issues:
Certificates:
3-1/2*
7.0
17.4
dated 11/15/62)
-
-
27.7
34.2
4-1/4
3-1/4
3-1/2
-
22.2
33.0
85.2
552.0
1,064.9
3,522.0
-
Series 1965
Series 1965
1,125.6
Notes:
4*
4-1/8
3-3/4
-
-
Series 1966 to 1968
Series 1966 to 1969
Series 1967
Bonds:
2-5/8*
2-1/2
2-5/8
3-3/4
2-1/2
4
4-1/8
3-3/4
3-7/8
3-7/8
4-1/8
4-1/8
-
-
-
Series
Series
Series
Series
Series
Series
Series
Series
Series
Series
Series
Series
Total special issues
Net unamortized premium and discount
Accrued interest purchased
Total investments
1968
1967
1967
1967
1968
1969
1970
1975
1977
1978
1978
1979
to 1975
and 1968
to 1975
to 1977
1,281.5
8,236.0
to 1978
to 1979
and 1976
and 1978
1,240.1
1,738.5
and 1979
1,501.6
Federal Disability
Insurance
Trust Fund
Railroad
Retirement
Account
Unemployment
Trust Fund
'
November 1964
19
'CONSOLIDATED CASH TRANSACTIONS
Consolidated cash transactions reported in the Treasury
both.
Noncash items representing the obligations of the
Bulletin are on a basis consistent with Federal receipts from
Government to make payments in the future also are eliminated
and payments to the public as derived in the Budget of the
from expenditures currently, but are added later when actual
United States (in the Budget for
1%5
in Special Analysis A).
Shown also is the accunt of net cash borrcwing from, or repay-
ment of borrowing to, the public.
Revisions of the figures for
payments are made.
These items consist of certain interest
accrued on the public debt and expenditures involving the
issuance of a few special public debt securities.
Checks
earlier years have been made where necessary to make them as
outstanding, deposits in transit, and other clearing accounts
nearly comparable with current Budget classifications as avail-
are excluded from payments.
able data irill permit.
For this reason certain of the figures
differ somewhat from those published in previous Budget docciiments as well as in the Bulletin.
This series of cash transactions is designed to provide
information on the flow of money between the public and the
Federal Government as a whole, and therefore includes transactions not cleared through the account of the Treasurer of
Receipts from the exercise of
monetary authority are excluded as not representing cash
received from the public.
Federal cash borrowing from the
public includes net borrowing by the Treasury through public
debt transactions and also net borrowing by Government agencies
and Government-sponsored enterprises through sales of their
own securities.
It excludes changes in the public debt which
do not represent direct cash borrowing from the public.
The
Receipts and payments include transactions
net effect of all these transactions with the public is re-
both in administrative budget accounts and in trust and deposit
flected in changes in the balance in the Treasurer's account
the United States.
fund accounts.
Major intragovemmental transactions which are
reported as both expenditures and receipts are excluded from
and in cash held outside the Treasury.
Treasury Bulletin
20
•CONSOLIDATED CASH TRANSACTIONS
Table 1.- Summary of Federal Government Cash Transactions with the Public
(In millions of dollars)
Federal receipts from the public
Fiscal year
or month
Fiscal year:
1957
1958
1959
I960
1961
1962
1963
1964p
1965 (Est.)
1964-January
February
March
April
May
June p
July
Augost
September
October
Fiscal year 1965 to date.
Administrative budget
receipts
Trust
and other
receipts
(net)
(net)
70,562
63,550
67,915
77,763
77,659
81,409
86,376
89,368
14,301
16,153
16,769
20,342
23,583
Intragovernmental and
other
noncash
transactions
(See Table 2)
Less:
Total
Federal
receipts
from the
public
27,689
30,532
-2,758
-2,811
-3,025
-3,027
-4,001
-3,834
-4,326
-4,261
82,105
81,892
81,660
95,078
97,242
101,865
109,739
115, 4A0
91,500
31,672
-4,416
118,756
5,853
8,047
1,088
3,705
2,330
1,942
2-4,290
6,609
6,136
12,310
4,7U
-313
-228
-309
-217
-227
3,119
-1,144
6,628
11,525
12,168
8,334
10,652
14,286
3,487
6,653
10,072
1,532
4,171
1,994
-274
-273
-327
4,745
10,552
11,739
3,398
1,224
-278
4,344
23,610
8,921
-1,152
31,380
10,
U8
Administrative budget
expenditures
(net)
68,966
Federal payments to the public
Trust and
other
expenditures (net)
Intragovernmental and
other
noncash
transactions
(See Table 2)
Total
Federal
payments
to the
public
Equals:
Excess of
cash
receipts from,
or payments
to (-), the
public
November 1964
21
•CONSOLIDATED CASH TRANSACTIONS
Table 2.- Intragovernmental and Other Noncash Transactions
(In millions of dollars)
Intrggovernmental transactions excluded from both receipts and payments
Noncash
debt
transactions
relating
to receipts
Civil service retirement 1/
Interest
on trust
fund
investments
Fiscal year
or month
Fiscal year:
1957
1958
1959
I960
1961
1962
1963
196ip
share
Other 2/
158
133
103
105
792
Total
845
845
9U
973
560
1,747
1,049
1,049
118
384
4,346
4,416
11
86
27
94
50
86
78
78
12
90
90
3
1
13
110
303
222
304
313
228
>39
U
85
85
-15
14
56
78
78
1
212
222
1,138
217
227
1,14A
274
273
327
278
641
660
525
579
744
744
838
IKU
744
838
V
561
898
49
59
U
53
55
58
45
69
957
83
83
22
9
-7
July
August.
September,
6
54
11
89
79
89
79
24
62
9
94
94
-1
47
120
270
267
320
October.
41
84
84
13
49
271
111
347
45
279
1,129
. .
.
Fiscal year 1965 to date.
2,758
2,811
3,025
3,027
4,001
3,834
4,326
4,261
914
973
February.
March. ...
,.
Total
receipts
adjustments
2,709
2,751
2,980
2,975
3,945
3,776
4.281
4,192
1964.- January.
April
May
June p.
Erqsloyers'
Seigniorage
2/
66
37
75
54
74
102
88
84
1,318
1,342
1,315
1,327
1,404
1,423
1,467
1,603
1965 (Est.)...
Payroll
deductions
for euH
ployees
Federal
payments
to District
of Columbia
347
22
1,152
Noncash debt transactions relating to payments
Intragovernmental
transactions
(See
above)
Fiscal year
or month
Fiscal year:
1957
1958
1959
I960
1961
1962
1963
1964p
2,709
2,751
2,980
2,975
3,945
3,776
4,281
4,192
1965{Est.)
Interest
increment
on savings
and retirement plan
bonds
Discount
on
securities
(net) 6/
y
(net)
336
385
383
136
430
496
577
611
52
-131
418
205
-209
145
119
268
4,346
1964- January
February.
76
84
18
10
212
222
1,138
38
22
48
-36
41
-2
July
August. .
September.
270
267
320
63
43
-20
59
24
October.
271
.
March
April
May
June p.
.
.
.
.
Fiscal year 1965
to date
1,129
InterUnited
AmerNations
funds
bonds
u
ican
Development
Bank
2/
-6
-4
-3
-2
-2
-1
-1
55
66
70
25
International
Development
Association
2/
58
58
14
13
International
Monetary
Fund 7/
-674
-450
1,361
259
258
171
255
177
Total
noncash
debt
transactions
relating to
payments
-292
-200
2,160
597
536
923
1,033
1,099
Accrued
interest
on the
public
debt 8/
39
93
76
132
6
18
136
Checks
outstanding
and
certain
other
accounts 2/
-557
576
-105
-281
279
548
-64
1,100
563
-51
521
-135
902
15
370
703
45
1,733
133
-684
35
503
-1
22
61
2U
48
453
-607
-525
25
37
-3
187
1/ Beginning with fiscal 1958 excludes District of Columbia.
2/ Includes mainly, general fund advances to trust funds (net), dividends
and interest paid to the Treasury by trust enterprise funds, adjninistrative expenses of the Federal Old-Age and Survivors and Federal
Disability insurance trust funds, and the Federal contribution to the
Civil Service Retirement Fund.
2/ Includes increment resulting from reduction in the weight of the gold
dollar; excluded from receipts from the public but included in cash
deposits in the Treasurer's account.
ij Beginning fiscal 1961 includes temporary extended unemployment compensation payments.
i/ Accrued interest on the bonds, i.e. the difference between the purchase
1,899
3,222
5,111
3,423
4,766
5,266
5,436
6,422
4,440
13
29
Total
payments
adjustments
31
n.a.
303
222
304
.
Adjusted
service
and
armed
forces 1
bonds 1/
^
7/
8/
2/
*
n.a.
1,072
191
707
-95
-611
524
-954
-319
90
1,016
398
-387
298
846
-1,570
608
551
-14
38
67
82
-627
-31
16
-45
203
price and the current redemption value less interest paid on bonds
redeemed.
Discount on securities at time of issuance less interest paid at time
redeemed.
Treated as noncash expenditures at the time of issuance of the securities and as cash expenditures at the time of their redemption;
net issuance, or redemptions (-).
Net increase, or decrease (-), in accrued liability.
Net increase, or decrease (-), in checks outstanding, deposits in
transit, and other accounts.
Less than $500,000.
Preliminary.
p
Not available.
....
Treasury Bulletin
22
.
ACCOUNT OF THE TREASURER OF THE UNITED STATES
Source and Availability of the Balance In the Treasurer's Account
The account of the Treasurer of the United States reflects not only budget receipts and expenditures but also
trust, deposit fund, and public debt transactions.
The working cash of the Treasury Is held mainly In
Treasurer's accounts with Federal Reserve Banks and branches.
the same bank.
On occasions, to the extent authorized by the
Treasury, banks are permitted to deposit In these accounts
proceeds from subscriptions to public debt securities entered
for their own account as well as for the account of their
customers.
they are
The tax and loan account system permits the Treasury
restored by calling In (transferring) funds from the tax and
loan accounts with thousands of commercial banks throughout
to leave funds In banks and In the communities In which they
arise until such time as the Treasury needs the funds for Its
the country.
operations.
As the balances In these accounts become depleted,
Deposits to tax and loan accounts occur In the normal
course of business under a uniform procedure applicable to
all banks whereby customers of banks deposit with them tax
In this way the Treasury Is able to neutralize
the effect of Its fluctuating operations on bank reserves
and the economy.
payments and funds for the purchase of Government securities.
A detailed description of the Treasury's deposlteiry
system may be found In the Annual Report of the Secretary
In most cases the transaction Involves merely the transfer of
of the Treasury for 1955,
pages 275-2SU.
money from a customer's account to the tax and loan account In
Table 1.- Statu? of the Account of the Treasurer of the United States
(
In millions of dollars)
Assets
Treasury operating balance
End of
fiscal
year or
month
Available
funds in
Federal
Reserve
Banks
Tax and loan
accounts in
special
depositaries
1957
1958
1959
I960
498
410
535
504
4,082
8,218
1961
1962
1963
Gold in
Treasury
fund
489
Total
operating
balance
5,069
9,030
4,380
7,068
Silver,
coin, and
currency
190
259
306
253
3,7U
401
101
6,458
106
5,453
8,815
10,324
9,180
109
1964
408
612
806
939
120
120
11,251
10,238
179
147
136
145
1963-December.
880
5,621
120
6,622
133
1964 -January,
February.
March. . .
791
2,451
126
1,024
121
831
4,783
6,940
3,368
5,928
7,887
925
890
939
3,974
6,557
9,180
112
131
July
August,
September
785
939
933
4,505
5,085
8,339
October.
687
4,155
April.
May
June
. .
.
Unclassified
collections,
etc.
In Federal
Reserve
Banks in
process of
collection
302
37
49
63
58
287
273
337
Liabilities
In other
depositaries
440
365
429
375
Total
assets
6,037
9,990
5,451
8,092
V
Balance in
account of
Treasurer
of U. S.
5,590
9,749
5,350 2/
8,005
447
240
100 2/
87
75
79
6,694
10,430
12,116
335
58
222
303
342
234
313
360
6,769
10,509
12,116
11,036
173
183
264
7,375
7,375
162
194
141
134
224
59
122
260
188
376
354
318
4,264
6,795
8,656
4,264
6,795
8,656
5,011
174
161
145
46
66
58
440
166
234
413
330
360
6,085
8,300
11,036
6,085
8,300
120
7,578
10,238
1 1
118
113
117
5,408
6,137
9,389
185
4^
175
192
179
122
336
313
62
195
351
6,150
6,789
10,189
6,150
6,789
10,189
121
4,963
231
16
187
294
5,691
5,691
121
115
5,969
9,548
Source: Daily Treasury statement,
^y Includes reserves and other deposits of the Board of Trustees, Postal
Savings System, and uncollected items, exchanges, etc., through
December 1962. Effective Januaiy 1963 balances of the Postal Savings
System funds were transferred to deposit fund accounts and became
demand obligations of the Treasury. Balances of these funds, therefore, are no longer liabilities within the general account of the
Treasurer. Uncollected items, exchanges, etc., also previously shown
as liabilities were combined with "Unclassified collections, etc."
shown under assets. Treasurer's checks outstanding are included
64
70
74 2/
41
2/
2/
441
1
1
,036
,036
through June 1958, after which they are included in the balance in
(See footnote 2),
the Treasurer's account.
Through June 1958, the balance of the Treasurer was reduced when
Treasurer's checks were issued and the amount of the checks was
carried as a liability until paid. Effective July 1958, the balance
is not reduced until the checks are paid, a procedure also applying
to checks drawn on the Treasurer by Government disbursing officers
and agencies.
Amounts shown, beginning January 1963, are net of uncollected items,
exchanges, etc. Previously these items were included under liabilities.
November 1964
23
ACCOUNT OF THE TREASURER OF THE UNITED STATES
,
Table 2.- Analysis of Changes In Tax and Loan Account Balances
(In millions of dollars)
Credits
Balance
Proceeds from sales of securities 1/
Fiscal year
or month
Savings
bonds
Retirement
plan
bonds 2/
During period
T.1X
anticipation
securities
Other
Withheld
and
excise 3/
Income ( by
special
arrangement) 4/
5,919
6,053
813
1,078
912
1,390
2,987
3,246
3,638
4,103
34,511
37,519
41,267
43,580
9,142
6,521
6,835
9,921
55,842
56,438
57,595
58,277
56,847
53,076
56,085
59,421
5,453
8,815
10,324
9,180
7,653
8,889
10,324
10,257
1,161
1,531
2,535
1,577
4,151
4,457
5,325
4,747
4,4i^9
1,748
6,892
4,792
5,621
5,970
2,428
4,082
1,499
5,459
4,688
23
1,825
5,707
7,108
4,995
3,375
2,451
4,951
4,783
6,940
6,005
4,891
7,437
2,166
2,323
2,743
3,405
3,459
5,013
3,168
4,987
6,712
6,134
2,404
4,089
3,974
6,557
9,180
6,234
6,700
9,447
1,577
4,234
4,467
3,477
5,656
6,642
6,519
4,514
4,880
4,505
5,085
8,339
9,155
5,899
8,519
3,732
4,411
2,742
6,165
6,434
4,155
7,707
3,320
4,789
26,709
27,881
29,190
33,059
4,152
7,903
1961
1962
1963
1964
2,787
2,725
2,699
2,760
7,613
5,898
2,963
1,788
3,774
3,830
2,014
475
302
248
223
April.
May
June
223
20
1,387
4,775
4,426
July
August
September
235
219
204
1,546
4,875
3,911
4,019
1,844
5,094
8,134
October.
210
1,196
105
2,250
.
.
.
.
1,539
740
Office of Fiscal Assistant Secretary; figures are on basis of
telegraphic reports.
Special depositaries are permitted to make payment in the form of a
deposit credit for the purchase price of U.S. Government securities
purchased by them for their own account, or for the account of their
customers who enter subscriptions through them, when this method of
payment is permitted under the terms of the circulars inviting subscriptions to the issues.
Retirement plan bonds first offered for sale as of January 1, 1963.
Taxes eligible for credit consist of those deposited by taxpayers in
the depositary banks, as follows: Withheld income tax beginning
Source:
1/
2,197
211
221
.
Average
6,078
8,869
8,055
6,458
6,568
13,513
13,164
7,920
221
Low
4,082
8,218
3,74A
6,458
5,043
2,922
7,581
7,784
964 -January .
February.
March. . .
High
46,000
50,908
62,994
54,782
2,976
2,824
2,668
2,679
1
End of
period
45,448
55,044
58,520
57,496
1957
1958
1959
I960
1963-December.
Total
credits
Withdrawals
4/
»
2,065
63
5,109
5,529
March 1948; taxes on employers and employees under the Federal Insurance Contributions Act beginning January 1950, and under the Railroad
Retirement Tax Act beginning July 1951; and a number of excise taxes
beginning July 1953.
Under a special procedure begun in March 1951, authorization may be
given for income tax payments, or a portion of them, made by checks
of $10,000 or more drawn on a special depositary bank, to be credited
to the tax and loan account in that bank. This procedure is followed
during some of the quarterly periods of heavy tax payments.
Less than $500,000.
...
Treasury BalletL
24
'ACCOUNT OF THE TREASURER OF THE UNITED STATES
Table 3.- Summary of Cash Transactions through the Account of the Treapurer
of the United States
(In taillions of dollars}
Net cash transactions other than borrouing
Period
Deposits and withdrawals (budget,
trust, and other accounts)
Cash withdrawals 1/
Excess of deposits,
or withdrawals (-)
81,875
82,094
81,612
94,862
77,279
85,015
93,736
93,817
4,596
-2,921
-12,124
1,044
96,897
105,911
121,581
97,774
112,188
118,477
124,066
-877
-6,278
-4,023
-2,485
7,278
12,187
13,419
11,084
10,874
9,862
-3,806
1,313
3,557
8,151
11,670
14,568
10,068
10,373
9,620
-1,917
1,297
4,949
4,858
11,951
11,614
10,445
11,742
9,727
-5,587
208
1,887
4,579
10,513
-5,934
33,002
42,427
-9,425
Cash
deposits
Fiscal year:
1957
1958
1959
1960
1961
1962
1963
1964
1U,454
1964- January. .
Februaiy.
March
April
May
June
July
August
September.
. . .
October.
. .
F.Y. 1965 to date
Clearing
accounts
2/
1,904
1,827
-306
309
Plus:
Net cash borrowing, or repayment of
Total net
transactions
borrowing (-)
Equals:
Treasurer's
account balance, increase, or decrease (-)
,.,
..
.
.
,
November 1964
25
DEBT OUTSTANDING
Table 1.- Summary of Federal Securities
(in millions of dollars)
Matured debt and debt bearing no interest
Interest-bearing debt
Total outstanding
Public debt
End of
fiscal
year or
month
Total 1/
Guaranteed
securities
PubUc
debt 2/
Total
Public
debt
Guaranteed
securities
Special notes to -
Total
Total
Matured
2/
268,486
274,698
281,833
283,241
106
140
268,592
274,798
281,944
283,380
288,971
298,201
305,860
311,713
240
444
607
813
285,911
294,886
302,559
308,169
310,089
309,347
742
March
309,339
311,150
310,408
308,577
310,357
309,590
762
793
818
April
May
June
308,402
312,337
312,526
307,601
311,532
311,713
July
August. .
September
312,004
314,938
316,496
October.
316,456
107
284,817
286,471
270,527
276,343
284,706
286,331
1962
1963
1964
289,211
298,645
306,466
312,526
1963-Deoember..
1964 -January. .
February.
1957
1958
1959
I960
270,634
1961
276,
.
.
UA
International
Monetary
Fund
International
Development
Association
^
Guaranteed
securi-
InterAmerican
Development bank
Other
6/
110
139
2,042
1,646
2,873
3,090
2,042
1,646
2,873
3,090
445
1,068
618
1,979
2,238
285,672
294,442
301 ,954
307,357
240
444
605
812
3,300
3,759
3,907
4,357
3,299
3,759
3,906
4,356
349
438
310
295
2,496
2,667
2,922
3,289
58
115
129
142
125
150
396
484
420
480
305,955
305,213
741
4,134
4,133
349
3,036
164
125
459
305,254
306,919
306,222
304,499
306,132
305,405
755
787
817
4,085
4,231
4,186
4,078
4,225
4,185
295
311
3,036
3,166
266
3,171
164
I64
I64
125
125
125
459
459
459
802
805
813
304,186
308,018
308,169
303,385
307,214
307,357
801
4,216
4,319
4,357
4,215
4,318
4,356
278
382
295
3,166
3,164
3,289
I64
I64
142
150
150
150
457
458
480
311,183
314,089
315,610
821
848
306,855
309,625
311,122
820
4,328
4,464
4,487
150
425
298
3,289
3,275
3,425
142
847
885
4,330
4,465
4,488
273
886
307,675
310,472
312,007
142
142
150
474
472
472
315,635
821
312,037
311,217
820
4,419
4,418
263
3,394
142
150
469
101
111
101
804
812
Source: Daily Treasury statement,
For
1/ Includes certain debt not subject to statutory limitation,
amounts subject to lijnitation, see page 1,
2/ Includes debt incxirred for advances to certain wholly owned Government
agencies in exchange for which their securities were issued to the
Treasury (see Table 6).
2/ Held outside the Treasury.
529
597
476
ties 1/
(matured)
444
430
417
407
55
150
Consists of Federal Housing Administration debentuTes, and also D. C.
Armory Board stadium bonds beginning July 1959.
Special notes of the United States issued to the International Monetary
Fund, the International Development Association, and the Inter-American
Development Bank in payment of part of the U. S, subscription to each.
For current month detail, see "Statutory Debt Limitation," Table 2.
ij
^
6/
Table 2,- Computed Interest Charge and Computed Interest Rate on Federal Securities
(Dollar amounts in millions)
Computed annual interest rate
Total interest-bearing securities
End of
fiscal year
or month
Amount
outstanding
Public debt
and guaranteed securities 1/
Public
debt
Computed annual
interest charge
Public debt
and guaranteed securities
y
Public
debt
Notes
Treasury
bonds
3.197
1.033
3.316
3.815
3.345
3.330
2.842
4.721
2.504
2.806
3.304
4.058
2.482
2.576
2.619
2.639
2.853
2.892
2.925
3.219
2.635
2.630
2.694
2.772
2.611
2.622
3.073
3.377
3.283
3.704
3.680
3.921
2.829
3.122
3.344
3.854
3.471
3.330
3.364
3.412
3.462
2.803
2.891
3.003
3.238
3.144
3.500
3.658
3.782
2.707
2.546
8,769
9,534
8,761
3.072
3.240
3.361
3.063
3.285
3.425
3.659
584
926
3.561
3.072
3.239
3.360
3.560
10,603
3.487
3.486
3.578
596
3.250
3.862
3.417
3.443
3.103
3.736
10,636
10,770
10,761
3.506
3.532
3.537
3.506
670
3.689
3.715
3.250
3.250
3.250
3.848
3.863
3.863
3.448
3.457
3.457
3.446
3.447
3.450
3.107
3.124
3.135
3.740
3.537
3.602
3.637
3.643
546
554
560
3.657
3.663
3.659
3.746
3.742
3.729
3.250
3.882
3.854
3.854
3.457
3.471
3.471
3.457
3.46O
3.462
3.118
3.170
3.238
3.777
3.778
3.782
3.718
3.720
3.722
3.838
3.823
3.821
3.535
3.535
3.466
3.468
3.228
3.253
3.780
3.788
3.536
3.472
3.258
3.789
3.736
3.839
3.535
3.477
3.240
3.783
1962
1963
1964
285,911
294,886
302,559
308,169
285,672
294,442
301,954
307,357
10,141
10,931
9,519
10,119
10,900
1963-December.
305,955
305,213
10,631
1964 -January. .
February.
305,254
306,919
306,222
304,499
306,132
305,405
10,665
10,800
10,792
April
May
June
304,186
308,018
308,169
303,385
307,214
307,357
10,750
10,908
July
August
September
307,675
310,472
312,007
306,855
309,625
311,122
October.
312,037
311,217
.
able
issues
Certificates
Bills
1/
2.730
2.638
2.867
3.297
1961
. . .
Total
2/
Guaranteed
Special securities
issues
1/
2.730
2.638
2.867
3.297
268,486
274,698
March
raarket-
7,325
7,245
8,066
9,316
268,592
274,798
281, 94i
283,380
283,241
Non-
Marketable issues
7,328
7,248
8,069
9,320
1957
1958
1959
1960
281 ,833
Public debt
Total
interestTotal
bearing
public
securidebt
ties
3.531
2.891
3.U9
3.547
3.555
10,931
10,720
10,878
10,900
10,928
11,027
11,088
10,897
10,995
11,055
3.566
3.566
3.568
.565
.565
.567
3.666
3.662
3-663
11,104
11,073
3.573
3.572
3.671
3.561
Source: On the basis of the daily Treasury statement.
Note: The computed annual interest charge represents the amount of interest
that would be paid if each interest-bearing issue outstanding at the end
of each month or year should remain outstanding for a year at the
applicable annual rate of interest. The charge is computed for each
issue by applying the appropriate annual interest rate to the amount
outstanding on that date (the amount actually borrowed in the case of
securities sold at a premium or discount, beginning with May 1960).
The aggregate charge for all interest-bearing issues constitutes the
total computed annual interest charge. The average annual interest
rate la computed by dividing the computed annual interest charge for
V
2/
y
4/
081
729
2.628
2.681
3.751
3.770
the total, or for any group of issues, by the corresponding principal
amount.
Beginning with data for December 31, 1958, the computation is
based on the rate of effective yield for issues sold at premium or
discount. Prior to that date it was based on the coupon rate for all
issues
Guaranteed seciirities included are those held outside the Treasury.
Total includes "Other bonds" through 1960; see Table 3.
Included in debt outstanding at face amount, but discount value is
used in computing annual interest charge and ftnmial interest rate.
On United States savings bonds the rate to maturity is applied against
the amount outstanding.
...
.
Treasury Bulletin
26
DEBT OUTSTANDING
Table 3.- Interest-Bearing Public Debt
(In millions of dollars)
Public issues
Total
interestbearing
public
debt
End of
fiscal
year or
month
Marketable
Total
public
issues
Notes
Treasury
bonds 1/
Total
Nonmarketable
treasury
bonds,
Depossavings investitary
ment
bonds
bonds
series
Foreign
series
securities 2/
Total
Bills
Certificates
221,658
228,452
237,078
238,342
155,705
166,675
178,027
183,845
23,420
22,406
32,017
33,415
20,473
32,920
33,843
17,650
30,973
20,416
27,314
51,483
80,839
90,932
84,853
81,297
65,953
61,777
59,050
54,497
54,622
51,984
50,503
47,544
11,135
9,621
8,365
6,783
196
171
183
170
187,148
196,072
203,508
206,489
36,723
42,036
47,230
50,740
13,338
13,547
22,169
56,257
65,464
52,145
67,284
80,830
75,025
81,964
88,464
53,481
53,431
53,645
54,240
47,514
47,607
48,314
49,299
5,830
301,954
307,357
240,629
249,503
257,153
260,729
4,727
3,921
3,546
117
138
103
103
860
648
392
1963- Dec.
305,213
261,555
207,571
51,539
10,939
58,680
86,413
53,984
48, 827
3,685
98
19&4-Jan.
Feb.
Hsr.
304,499
306,132
305,405
262,581
263,249
262,184
208,589
209,218
208,223
52,547
53,550
52,548
10,939
4,198
4,198
56,444
64,457
64,478
88,658
87,013
86,998
53,993
54,031
53,961
48,925
49,046
49,101
3,649
3,638
3,613
97
97
98
Apr.
May.
June
303,385
307,214
307,357
261,381
262,179
260,729
207,356
208,009
206,489
51,049
52,246
50,740
4,198
65,130
67,279
67,284
86,979
88,484
88,464
54,025
54,170
54,240
49,142
49,224
49,299
3,559
3,552
3,546
July,
Sept.
306,855
309,625
311,122
261,118
262,184
263,755
206,776
207,692
208,981
51,048
52,045
53,345
58,621
58,559
58,572
97,106
97,088
97,063
54,343
54,492
54,774
49,371
49,444
49,502
Oct.,
311,217
264,960
210,118
54,966
58,107
97,045
54,842
49,581
268, i86
1957
1958
274,698
281,833
283,241
1959
1960
285,672
1961
1962
1963
1964
294,U2
Aug.
Daily Treasury statement.
Source:
1/ Includes $50 million of Panama Canal bonds for fiscal years 1957-60.
2/ Coneiats of certificates of indebtedness. Treasury notes beginning
January 1963, and Treasury bonds beginning September 1964, sold to
foreign governments for U.S. dollars.
2/ Consists of the dollar equivalent of Treasury certificates of
4/
Foreign
currency
other
series
securi- 4/
ties 2/
Special
issues
46,827
46,246
44,756
4jI,899
45,043
75
630
832
19
25
29
68
582
760
32
43,658
505
435
373
760
760
710
56
55
a, 917
64
43,221
99
99
103
398
398
392
762
832
832
65
65
68
42,004
45,034
46,627
3,535
3,529
3,515
103
103
103
282
312
983
549
69
69
69
45,737
1,035
1,035
3,450
102
554
1,086
69
46,257
U,939
44,801
46,627
42,883r
47, Ul
47,367
indebtedness and from October 1962 Treasury bonds issued and
payable in designated foreign currencies.
Includes mainly Treasury bonds. Rural Electrification Administration
series beginning July 1960, and retirement plan bonds beginning
January 1963.
Table 4,- Average Length and Maturity Dletrlbutlon of Marketable Interest-Bearing Public Debt
1/
(In millions of dollars)
Maturity classes
End of
fiscal year
or month
Amount
outstanding
Within
1 year
1 -
5
years
Average length
10-20
20 years
years
years
and over
26,407
27,652
21,625
12,630
4,349
7,208
8,088
7,658
4 yrs.
5 yrs.
4 yrs.
4 yrs.
9 mos.
3 mos.
7 mos.
4 mos.
6 mos.
11 mos.
1mo.
mo.
5
- 10
1957
1958
1959
1960
155,705
166,675
178,027
183,845
71,952
67,782
72,958
70,467
40,669
42,557
58,304
8U
12,328
21,476
17,052
20,246
1961
1962
1963
1964
187,148
196,072
203,508
206,489
81,120
88,442
85,294
81,424
58,400
57,041
58,026
65,453
26,435
26,049
37,385
34,929
10,233
9,319
8,360
8,355
10,960
15,221
14,444
16,328
4 yrs.
4 yrs.
5 yrs.
5 yrs.
207,571
208,589
209,218
208,223
89,403
88,445
85,046
58,487
84,0U
57,509
63,392
63,413
35,682
37,900
36,053
36,047
8,357
8,357
8,357
8,356
15,642
16,378
16,372
16,363
yrs.
yrs.
yrs.
yrs.
mo.
mo.
1 mo.
1 mo.
April
May
June
207,356
208,009
206,489
82,554
82,930
81,424
64,057
62,825
65,453
36,041
37,561
34,929
8,355
8,355
8,355
16,350
16,339
16,328
yrs.
yrs.
yrs.
1 mo.
July
August.
September
206,776
207,692
208,981
77,231
81,389
82,689
60,672
8,354
8,354
8,353
17,508
17,505
17,491
5 yrs.
4 mos.
5
yrs.
yrs.
4 mos.
57,452
43,010
43,002
42,995
October.
210,118
84,135
63,422
36,725
8,353
17,483
5
yrs.
2 mos.
1963-December.
1964- January
February
March.
.
.
.
.
72,
57,
U3
Source:
Office of Debt Analysis in the Office of the Secretary.
All issues are classified to final maturity except partially tax-exempt
1/
5
5
5
5
1
1
mo.
mo.
3 mos.
bonds, which have been classified to earliest call date. The last of
these bonds were called on August 14, 1962, for redemption on
December 15, 1962.
27
November 1964
DEBT OUTSTANDING
Table 5.- Special Public Debt Issues to United States Government Investment Accounts
(.In
End of fiscal
year or month
millions of dollars)
..
.
.
.
'
'
Treasury Bulletin
28
DEBT OUTSTANDING
Table 6.- Treasury Holdings of Securities laaued by Government
Corporations and Other Agencies
(In millions of dollars)
Housing and Home
Finance Agency
Agriculture Department
End of
fiscal
year or
month
Total
22,731
21,859
25,343
1957
1958
1959
1960
25,636
1961
26,011
1962
1963
28,634
29,166
ExportImport
Bank of
Washington
Saint
Lawrence
Seaway
Development
Corporation
Agency
for
International
Development 2/
Commodity
Credit
Corporation
1,198
1,1S8
1,164
1,138
13,383
11,528
12,874
12,704
2,519
2,728
2,923
3,155
265
256
323
369
1,205
1,528
1,937
1,636
282
476
730
977
1,741
41
1,502
2,351
2,338
35
48
97
27
29
112
118
11,534
12,990
13,599
13,990
3,332
3,484
3,657
3,828
456
854
1,027
1,170
1,698
1,830
1,476
830
1,213
1,567
2,005
2,302
3,202
3,167
2,716
2,393
32
32
25
121
Rural
Electrification
Administration
Secretary:
Farmers
Home
Administration
programs
2/
2/
Federal
Adminis- National
trator
Mortgage
AssociA/
ation
^
Public
Housing
Administration
Tennessee
Valley
Authority
Veterans
Administration:
Direct
loan
program
Under
Defense
Production
Act
of 1950
6/
Other
2/
733
780
930
1,180
1,294
1,723
1,950
1,970
21
1,964
1,976
1,923
2,019
22
22
29
35
18
22
21
196i
29,241
1,107
1,062
807
735
85
1,330
1,530
1,730
1,730
1963-December
28,748
746
13,250
3,749
1,093
1,274
2,180
2,543
65
122
50
1,730
1,911
35
1964-January
February.
March.
29,131
746
746
746
13,361
13,532
13,709
3,839
3,839
3,839
1,145
1,139
1,140
1.239
1,234
1,186
2,220
2,257
2,258
2,556
2,523
154
60
122
122
123
75
50
50
1,730
1,730
1,730
1,910
1,987
1,997
34
33
33
13,855
13,902
13,990
3,909
3,909
3,828
1,177
1,182
1,170
844
858
830
2,308
2,345
2,302
2,451
65
123
123
123
50
85
85
1,730
1,730
1,730
1,995
2,015
2,019
33
35
35
841
2,408
123
2,371
2,485
123
85
85
1,730
1,730
36
36
123
95
1,730
2,012
2,012
2,012
2,319
123
95
1,730
2,004
38
.
. .
29,253
29,300
29,286
29,376
June
29,241
746
746
735
July
August
735
735
735
12,314
13,163
13,268
3,908
3,908
3,908
1,157
1,158
1,158
812
September.
27,693
28,491
28,747
796
2,342
2,358
2,399
October.
29,232
735
13,719
3,988
1,176
827
2,476
April.
.
.
May
.
. .
..
Source: Daily Treasury statement.
Note: These securities were issued to the Treasury in exchange for advances by the Treasury from public debt receipts under congressional
authorization for specified government corporations and other agencies
Further detail may be foxjnd in the 1963
to borrow from the Treasury.
Annual Report of the Secretary of the Treasury, page 720, and the 1963
Combined Statement of Receipts, Expenditures and Balances of the United
States Government, pages 505-506.
1/ And predecessor agencies. Beginning fiscal 1957 figures exclude notes
previously Issued by the Administrator in connection with informational
media guaranties. The obligation for these notes was assumed by the
Director of the United States Information Agency, pxrsuant to the act
approved July 18, 1956 (22 U.S.C. 1442), and the notes together with
others issued for the same fwrpose are included in "Other."
2/ Farm housing and other loan programs, and Agricultural Credit Ins\irance
Fund (formerly Farm Tenant Mortgage Insurance Fund)
2/ Includes securities transferred from the Reconstruction Finance Corporation, but excludes securities issued under the Defense Production
Act.
4/ Consists of notes issued to borrow for: The urban renewal program
^
6/
7/
2,491
2,448
2,393
121
123
123
50
37
(formerly slum clearance program); college housing loans; and fwblic
facility loans
Consists of liabilities taken over by the Association from the
Administrator in accordance with the act approved August 2, 1954, and
notes issued by the Association under authority of that act (12 U.S.C.
1719 (c), 1720 (d),and 172l(d))and also securities transferred from
the Reconstruction Finance Corporation,
Consists of notes of: The Administrator, General Services Administration, for defense materials procurement; the Secretary of Agriculture;
the Secretary of the Interior (Defense Minerals Exploration Administration); the Export-Import Bank of Washington through March 1962;
and the Secretary of the Treasury.
Consists of notes issued by the: Secretary of the Treasury: Small
Business Administration, fiscal year 1957; United States Information
Agency for informational media guaranties (see footnote 1); Secretary
of Commerce (Maritime Administration) for the Federal Ship Mortgage
Insurance Fund fiscal years 1959-61, and 1963-65, beginning March 1963:
Virgin Islands Corporation beginning fiscal I960: District of Columbia
Commissioners for the Stadium Sinking Fund from June 1962 through July
1964; and Secretary of the Interior (Bureau of Mines) for development
and operation of helium properties beglolnning May 1964.
November 1964
29
.
DEBT OUTSTANDING
Table 7.- Intereet-Bearlng Securities Issued by Federal Agencies
But Not
Guaranteed by the United States Government
(In millions of dollars)
End of fiscal
year or month
Total
Banks for
cooperatives
179
199
Federal
home loan
banks 1/
Federal
intermediate
credit banks
Federal land
banks 2/ 2/
Federal National
Mortgage Association
Management
and liquidating issues
Tennessee
Valley
Authority
All other
issues
1957
1958
1959
I960
5,013
5,423
6,708
8,i07
2Si
330
738
456
992
1,259
924
1,159
1,456
1,600
1,552
1,646
1,888
2,137
1961
7,765
9,332
10,192
11,865
382
430
459
498
1,055
1,797
2,770
4,201
1,723
1,855
2,133
2,315
2,357
2,550
2,725
2,973
2,198
2,556
1,960
1,698
50
145
145
180
1962
1963
I96i
570
797
797
797
1,050
1,165
1,290
2,284
1963-Dec ember.
11,705
588
4,363
1,952
2,834
1,738
180
196ji- January.
11,395
11,111
11,133
5^8
588
586
4,043
3,653
3,627
1,964
2,018
2,069
2,834
2,886
2,886
1,786
1,786
1,785
180
180
180
11,250
534
527
498
3,627
3,727
4,201
2,156
2,246
2,315
2,973
2,973
2,973
1,781
11,351
11,865
180
180
180
11,792
498
U2
4,048
4,194
4,182
2,396
2,433
2,424
2,973
3,102
3,102
1,698
1,696
1,571
180
180
4,144
2,352
3,169
1,707
180
February.
March. ...
April...
May
June
July
August.
September.
11,996
538
538
October.
12,128
576
.
.
12,
Source:
Office of Debt Analysis and agency reports.
Nite:
The securities shown in the table are public offerings.
1/ The proprietary interest of the United States in these banks ended
in July 1951.
1,698
1,698
180
2/ The proprietary interest of the United States in these banks ended in
June 1947.
2/ Figures do not include securities which are issued for use as collateral for commercial bank borrowing and not as a part of public offerings.
Includes small amounts owned by Federal land banks.
Treasury Bulletin
30
.STATTJTORY DEBT
The Second Liberty Bond Act (31 U.S.C. 757b), as amended
act approved June 30, 1959, provides that the face amount
of obligations issued under suthority of that act, and the face
amount of obligations guaranteed as to principal and interest
by the United States (except guaranteed obligations held by
the Secretary of the Treasury) shall not exceed in the aggregate $285 billion outstanding at any one time. The corresponding limitation in effect under the act of June 26, 194-6,
was $275 billion and that under the act of September 2, 1958,
was $283 billion. Temporary increases to the permanent limita$10
tion of $285 billion, have been authorized as follows:
billion from July 1, 1959, through June 30, I960 (act of
June 30, 1959); $8 billion from July 1, I960, through June 30,
by
'in
LmrTATION.
1961 (act of June 30, I960); $13 billion from July 1, 1961,
through March 12, 1962, and $15 billion from March 13 through
June 30, 1962 (acts of June 30, 1961, and March 13, 1962); $23
billion frcrn July 1, 1962, through Mbirch 31, 1963, $20 billion
from April 1 through May 28, 1963, $22 billion from May 29
through June 30, 1963, and $24. billion from July 1, 1963
through June 30, 1964 (acts of July 1, 1962, May 29, 1963,
August 27, 1963, and November 26, 1963, and an additional
$6 billion, making a total of $30 billion, from December 1,
1963, through June 29, 1%4 (act of November 26, 1963)); and
$39 billion from June 29, 1%4. through June 30, 1%5 (act of
June 29, 1964).
I
Table 1.- Status Under Limitation October 31. 1964
{In millions of dollars)
Maximum amount of securities which may be outstanding at any one time under limitation imposed by the act
of June 30, 1959 (31 U.S.C. 757b), as Increased temporarily by the act of Jmie 29, 1964
Amount of securities outstanding subject to such statutory debt limitation:
U. S. Government securities issued under the Second Liberty Bond Act, as amended.
Guaranteed securities held outside the Treasury.
.
,
324,000
315,275
821
Total amount of securities outstanding subject to statutory debt limitation
Source:
316,096
7,904
Balance issuable under limitation
Daily Treasury statement.
Table 2.- Application of Limitation to Public Debt and Guaranteed Securities
Outstanding October 31, 1964
Un
millions
1
November 1964
Treasury Bulletin
32
PUBLIC DEBT OPERATIONS
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities
Outstanding October 31, 1964
Other Than Regular Weekly and Annual Treasury Bills - (Continued)
(In millions of dc-llars)
November 1964
33
PUBLIC DEBT OPERATIONS
Table 2.- Offerings of Treasury Bills
(Amounts in millions of dollars)
Issue date
Maturity
date
Regular weekly bills:
1964-Nov.
1965-Feb.
Aug.
6.
Aug.
13.
Aug.
20.
Aug.
27.
Sept.
3.
Sept. 10.
Sept. 17.
Sept.
24.
Oct.
Ip.
Oct.
8p.
Oct.
15p.
Oct.
22p.
Oct.
29p.
Tax anticipation bills:
i
1964-Sept.
2
One-year billa;
1963-Sept.
Oct.
3..
1..
Nov.
Dec.
196i-Jan.
Feb.
Mar.
Apr.
May
June
July
6.
3.
2.
6.
2.
7.
Aug.
Aug.
Sept.
30p.
Oct.
31p.
A
.
31p.
)
Treasury Bulletin
34
PUBLIC DEBT OPERATIONS
Table 2.- Offerings of Treasury Bills
Average price
per hundred
Price per hundred
Equivalent rate
^
Price per hundred
Equivalent rate ^'
(Percent)
(Percent)
(Percent
Regular weekly bills;
Low
High
Equivalent average
rate 2/
(Contlnuedl
On competitive bids accepted
On total bids accepted
Issue date
-
196i-Aug.
6
99.118
98.186
3.489
3.588
99.122 12/
98.192
3.473
3.576
99.116
98.184
3.497
3.592
Aug.
13
99.113
98.17i
3.510
3.611
99.118 u/
98.186 12/
489
588
99.111
98.170
517
620
Aug.
20
99.112
93.163
3.512
3.634
99.115
98.171
3.501
3.618
99.111
98.161
517
633
Aug.
27
99.102
98.160
3.513
3.639
99.106 12/
98.166
.498
,628
99.100
98.158
644
99.112
3.512
3.629
99.115
98.171
3.501
3.618
99.110
98.161
3,
521
3.
638
_98.155
3.514
3.649
99.117
98.162
3.493
3.636
99.109
98.149
3.525
3.661
Sept.
Sept.
3
_98.165
99.112
10
iV
522
Sept.
17.
99.105
98.133
3.541
3.693
99.114
98.140
3.505
3.679
99.103
98.129
3.549
3.701
Sept.
2A
99.105
98.133
3.542
3.692
99.108
98.136
3.529
3.687
99.103
98.131
3.549
3.697
99.101
98.124
3.555
3.711
99.106
98.134
537
,691
99.100
98.120
3.560
3.719
99.094
98.107
3.583
3.7U
99.098 ly
98.110 16/
568
738
99.091
98.105
3.596
3.748
99.095
98.116
3.580
3.726
99.098 12/
98.118 Ig/
568
723
99.093
98.115
3.588
3.729
Oct.
Ip
,
Oct.
8p
Oct.
15p
Oct.
22p
99.092
98.110
3.592
3.738
99.094
98.118
3.584
3.723
99.091
98.106
3.596
3.746
Get.
29p
99.098
98.117
3.568
3.724
99.101
98.121
3.556
3.717
99.097
98.116
3.572
3.727
98.001
98.564
3.580
3.518
98.012 23/
98.575
3.561
3.490
97.998
98.559
3.586
3.529
96.395
96.364
96.347
96.380
96.262
96.320
96.214
96.312
96.305
96.250
96.329
96.346
96.260
96.174
96.158
3.575
3.586
633
96.410
96.380
96.365
96.400
96.275
96.335
96.225
96.334
96.316
96.259
96.336
96.362
96.270
96.189
96.168
3.560
3.570
3.615
3.570
3.694
3.665
3.754
3.697
3.694
3.710
3.684
3.628
3.679
3.759
3.780
96.391
96.358
96.340
96.371
96.255
96.312
96.207
96.306
96.296
96.246
96.327
96.339
96.252
96.169
96.154
3.579
3.592
3.640
3.599
3.714
3.688
3.772
3.725
Tax anticipation bills
1964-Sept
2
One-year bills
1963-Sept.
3
,
;
Oct.
Nov.
Dec.
1964-Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Aug.
Sept.
Oct.
1
4
3
3
6
3
8
6
2
7
U
31p
30p
31p
590
707
680
765
719
705
719
691
6U
3.688
3.773
3.790
2/ Bank discount basis.
Except $200,000 at 99.128.
Except 1300,000 at 99.122.
Ig/ Except $200,000 at 98.225.
12/ Except $796,000 at 99.113 and $3,000,000 at 99.111.
IV Except $100,000 at 98.200.
ly Except $800,000 at 99.101.
16/ Except $100,000 at 98.124 and $400,000 at 98.114.
W
n/
20/
21/
22/
22/
12/ Except $150,000 at 99.102.
Except $100,000 at 98.125 and $900,000 at 98.120.
12/ Except $200,000 at 98.045.
20/ Except $300,000 at 96.380.
21/ Except $600,000 at 96.470 and $3,000,000 at 96.411.
2^/ Except $100,000 at 96.299.
22/ Except $3,500,000 at 96.239.
p Preliminary.
ly
3.7U
3.723
3.694
3.651
3.697
3.779
3.793
November 1964
35
PUBLIC DEBT OPERATIONS
,
Table 3.- New Money Financing through Regular Weekly Treasury Bills
1/
(Dollar amounts in millions)
Description of issue
Number of
days to
maturity
Maturity
Issue
date
date
Amount
of bids
tendered
Amount
of bids
accepted
Average rate
on bids
accepted 2/
New money
increase, or
decrease (-)
(Percent
1957-January
31
1957-May
7
May
May
May
May
June
June
91
«2,624
$1,700
3.283
9
16
23
31
91
91
91
92
2,626
2,719
2,580
2,741
1,700
1,700
1,800
1,802
3.133
3.057
3.182
3.288
200
202
6
13
91
91
2,769
2,830
1,800
1,802
3.246
3.239
200
202
February
February
February
February
21
28
March
March
U
December
December
19
26
1958-March
March
20
27
91
91
2,348
2,416
1,700
1,700
3.140
3.173
100
9B
1958- January
2
10
17
24
91
91
91
91
2,388
2,430
2,682
2,751
1,700
1,700
1,701
1,702
2.753
9
16
23
April
April
April
April
3
January
January
January
.858
,591
,587
101
100
100
100
March
13
June
12
91
2,436
1,700
1.532
-100
September
September
September
11
18
25
December
December
December
11
18
26
91
92
2,550
2,636
2,576
1,800
1,800
1,800
2.359
2.604
2.511
100
99
99
92
91
91
91
91
2,291
2,382
3,088
2,987
2,872
1,801
1,800
1,803
1,800
1,803
920
668
927
804
647
101
100
104
99
102
13
91
92
2,814
2,857
1,802
1,801
2.649
2.774
102
101
12
11
91
182
2,407
1,073
1,600
400
2.805
3.081
200
19
18
91
182
2,476
764
1,600
400
2.904
3.095
200
26
25
90
181
2,394
834
1,601
400
2.739
3.017
201
2
90
181
2,479
755
1,600
400
2.690
2.920
199
199
U
7
October
October
October
October
October
9
16
23
30
November
November
6
13
December
11
1959-January
January
January
January
January
2
February
February
March
June
December
December
1959-January
January
January
March
March
18
June
March
26
June
2
April
July
8
April
July
15
April
July
5
2
15
22
29
5
2
91
99
99
9
91
182
2,508
680
1,599
400
2.678
2.959
16
16
91
182
2,178
1,600
401
,808
June
September
4
91
182
2,090
3
724
1,500
400
2.816
3.111
101
11
10
91
182
2,254
967
1,301
400
3.062
3.375
101
1,301
400
2.763
3.058
100
100
9
734
034
197
March
12 J/..
June
September
March
19
June
September
18
17
91
182
2,019
727
March
26
June
September
25
24
91
182
2,122
671
1,300
400
2.766
3.093
August
13
1959-November
1960-February
12
11
91
182
1,866
875
1,200
400
3..150
3..690
199
August
20
1959-November
1960-February
19
18
91
182
1,853
790
1,200
400
3.417
3.782
199
27
1959-November
1960-February
27
25
92
182
1,964
693
1,200
400
3.824
4.152
204
19
1960-August
November
18
17
91
182
1,809
961
1,200
500
3.793
000
97
26
August
November
2$
25
91
183
1,834
897
1,200
500
497
867
96
1
1
91
182
1,820
996
1,101
500
3.184
3.495
100
August
1960-llay
Uay
June
1%1- January
January
February
March
,
2
September
December
19
1961-Aprll
July
20
20
91
182
1,889
995
1,101
400
2.358
2.530
99
26
April
July
27
27
91
182
1,986
1,082
1,100
500
2.230
2.422
200
May
4
1,082
1,101
500
2.299
2.497
201
3
91
182
2,057
August
29
28
91
182
1,924
1,046
1,100
500
2.392
2.576
99
2
30
Footnotes at end of table.
June
September
(Continued on following page)
36
37
November 1964
PUBLIC DEBT OPERATIONS
Table 3.- New Money Financing through Regular Weekly Treasury Bills l/-(Contlnuedl
(Dollar amounts in millions)
Description of Issue
Number of
days to
Maturity
Issue
date
date
Amount
of bids
tendered
Amount
of bids
accepted
Average rate
on bids
accepted 2/
New money
Increase, or
decrease (-)
matirrity
(Percent
91
182
$2,161
1,576
$1,301
700
2.874
3.075
*199
1962-August
Jl962-November
\l963-January
Aii^st
|l962-November
\l963-February
91
182
1,972
1,203
1,301
700
2.801
2.990
197
August
/l962-November
\l963-February
15
16.
U
91
182
2,078
1,766
1,301
704
2.867
3.060
204
August
23.
ri962-November
\l963-February
23
21
92
182
2,003
1,651
1,301
700
2.837
2.984
99
August
30.
fl%2-November
\1963-February
29
28
91
182
2,248
1,259
1,301
700
2.805
2.916
100
fl962-Deceinber
6
7
91
182
2,054
1,332
1,301
700
2.834
2.977
100
91
182
2,377
1,301
701
2.789
2.911
101
1,291
September
\l963-March
September
fl962-December
tl963-March
13
13.
September
fl962-December
\l963-March
20
20.
91
182
2,265
1,375
1,301
700
2.796
2.962
101
21
September
27.
fl962-December
\l963-March
27
28
91
182
2,150
1,777
1,300
700
2.749
2.938
100
3
91
182
2,011
1,505
1,300
701
2.752
2.902
100
10
11
91
182
2,136
1,631
1,301
701
2.760
2.864
100
17
18
91
182
2,225
1,436
1,300
700
2.749
2.843
98
April
January
April
24
25
91
182
2,133
1,394
1,301
700
2.742
2.828
102
101
ri963-January
April
October
U
[^
October
11.
October
18.
October
25.
November
November
April
(January
J
\
/
January
\
May
7
91
182
2,249
1,761
1,301
702
2.841
2.927
101
16
91
182
2,325
1,436
1,302
701
2.801
2.846
103
May
February
21
23
90
2,409
181
1,274
1,300
800
2.833
2.892
199
May
February
28
31
91
183
2,042
1,528
1,300
801
2.853
2.936
199
May
7
6
91
182
2,108
1,663
1,300
801
2.861
2.945
98
101
(February
29.
I
June
December
27.
1963-January
January
\
March
20,
10.
1,301
701
9
J
December
2,207
1,573
February
23.
13.
91
182
May
November
December
2
I
15.
December
31
2.686
2.775
f
November
November
March
M
June
13
91
182
1,973
1,321
1,301
801
2.807
2.861
March
21
20
91
182
2,092
1,248
1,301
800
2.860
2.900
99
28
27
91
2,660
1,322
1,309
802
2.893
2.924
110
182
April
July
91
183
2,220
1,340
1,301
801
2.926
2.966
101
5
April
July
11
11
91
182
2,196
1,542
1,301
800
2.920
2.966
100
92
June
March
June
27
26
91
182
2,133
1,459
1,301
800
2.919
2,977
July
October
5
92
182
2,081
1,454
1,300
800
2.922
2.982
98
3
11.
July
October
11
10
91
182
2,292
1,553
1,302
801
2.913
2.978
102
April
18.
July
October
18
17
91
182
2,352
1,485
1,301
800
2,917
3.010
100
April
25.
July
October
25
24
91
182
2,259
1,670
1,300
801
2.884
2.982
99
March
28.
April
April
Footnotes at end of table.
1
(January
June
September
(Continued on follovdng page)
)
Treasury Bulletin
38
PUBLIC DEBT OPERATIONS
Table 3.- New Money Financing through Regular Weekly Treasury Blllsi/- (Continued)
(Dollar amounts in millions)
Description of issue
Average rate
on bids
accepted 2/
New money
increase, or
decrease (-)
Amount
of bids
tendered
Amount
of bids
accepted
91
182
« 2,054
1,668
J 1,302
801
2.897
2.989
»101
91
182
2,119
1,301
1,715
802
2.905
2.993
100
2,397
1,583
1,302
801
2,903
2.990
93
Number of
days to
maturity
Maturity
date
Issue
date
(Percent
1963-May
2.
May
9.
11963-August
October
\
August
November
f
1
f
August
November
W
91
182
15
May
16.
November
21,
fi964-February
May
20
21
91
182
2,321
1,431
1,202
800
3.524
3.660
-99
29,
February
May
27
28
90
181
1,987
1,614
1,201
802
3.480
3.630
-99
2,258
1,633
1,202
900
3.482
3.598
101
1,200
900
3.476
3.595
97
November
\
f
\
August
November
20
91
19
182
August
November
27
27
91
183
2,073
1,709
16.
October
1965-January
15
14
91
182
2,123
1,409
1,202
902
3.448
3.549
103
July
23,
i964-0ctober
1965-January
22
21
91
182
2,070
1,333
1,201
900
3.502
3.619
100
July
30.
i96i-0ctober
1965-January
29
28
91
182
2,204
1,889
1,201
902
3.475
3.591
101
1964-Deceraber
1965-Maroh
10
11
91
182
2,169
1,464
1,302
901
3.514
3.649
101
1964-December
1965-March
17
18
91
182
2,083
1,474
1,302
900
3.541
3.693
102
196-4-December
24
25
91
182
2,200
1965-March
1,624
1,302
901
3.542
3.692
101
1964--December
31
91
132
2,086
1,451
1,301
900
3.555
3.711
100
196i-May
May
July
21.
28,
September 10.
September 17,
September 24,
October
Ip
1965-April
1
Information in Table 3 covers bill offerings
Source: See Table 2.
January 2, 1957, through October 31, 1964.
1/ Excludes issues of strips of additional amounts of outstanding regular
weekly bills for cash on June 14, 1961 ($1,802 million), November 15,
1961 ($800 million), November 15, 1962, October 28, 1963, and
2/
2/
p
July 29, 1964 ($1,001 million each). See Table 4.
Equivalent average rate on bank discount basis.
Beginning March 12, 1959, the 13-week bills represent additional
issues of bills with an original maturity of 26 weeks.
Preliminary.
November 1964
39
PUBLIC DEBi OPERATIONS
Table 4.- Offerings of Public Marketable Securities Other Than
Regular Weekly Treasury Bills
Date subscription books
opened or bill
tenders received
J
Treasury Bulletin
40
PUBLIC DEBT OPERATIONS
Table 4.- Offerings of Public Marketable Securities Other Than
Regular Weekly Treasury Bills - (Continued)
Date subscription books
opened or bill
tenders received
Period to final
maturity
(years months,
days) 2/
Date
Description of security
of
l/
Amount of subscriptions tendered
J
issue
Cash
2/
Exchange
Amount issued
For
cash
In exchange
Allotment
ratio
490
100
2/
(In millions of dollars)
8/13/59
8/
^
3/22/6O - Tax ant.
(Reopening)
7/8/59
3.719if Bill
10/1/59
l-l/2!J Note
lO/l/64-EO
10/6/59
10/15/59
5?
Note
8/15/64-B
lO/U/59
10/21/59
4.783S5 Bill
6/22/60
ril/l5/59
A-3/4/6 Certificate
l_ll/l5/59
4-7/8^ Note
II/15/6O-C
ll/15/63-C
7/20/59
4-3/4^ Note
5/15/64-A
11/24/59
12/2/59
4.36055 Bill
10/17/60
1/5/60
10/21/59
4.726i6 Bill
6/22/60
11/2/59
11/23/59
1/12/60
1/15/60
2/1/60
/ 2/15/60
\ 2/15/60
8/
4/4/60
/
1-1/2^ Note
4/1/65-EA
4/5/60
4-1/4S5 Bond
5/15/75-85
5/15/62-E
\4/l>;/60
4/12/60
4/15/60
5/2/60
/ 5/15/60
4!6
Note
5/I5/6I-B
5/15/65-A
\ 6/2 3/60
3-3/456 Note
3-7/8JS Bond
5/15/64-D
5/15/68
7/13/60
2.823S6 Bill
3/22/61
7/12/60
7/15/60
3.26556 Bill
8/1/60
/ 8/15/60
6/8/60
r
7/6/60
\ 6/23/60
Reopening
at 99-3/4
At auction
^
Tax ant.
(Reopening)
2,316
245d
3,779
2,002
3,%5
2,007
166d
4,085
2,016
ly
2,303
lio
Im
370
6,715
ly
2,001
Tax ant. 2^
(At auction)
8/1/6I-C
5/15/68
Reopening
lO/l/65-EO
466
f 10/3/60
^ 2/U/58
3-1/256 Bond
3-1/256 Bond
10/3/60
3-1/2^ Bond
11/15/80
2/15/90
11/15/98
10/16/61 - At auction
20y
29y
38y
10/11/60
10/17/60
3.13156 Bill
10/18/60
10/21/60
2.788)6 Bill
10/31/60
ril/l5/60
^11/15/60
3-1/456 Note
3-3/456 Bond
2/15/62-F
5/15/66
11/21/60
10/1/57
456
Bond
10/1/69
Reopening
at lOOj
1/11/61
1/15/61
2.679?S Bill
1/15/62
At auction
2/6/61
2/15/6I
3-1/456 Note
4,556
320
3,893
320
4,404
3,512
3,036
1,501 28/
17,389"!
9m
5,183 J
f 3/15/61
ly
8m
ly
3,078
ly
6m
18,980
11/15/66
11/15/67
5y
\ 3/15/61
3-3/856 Bon4
3-5/856 Bond
8m
Sn
4/1/61
l-l/2j6 Note
4/1/66- EA
4/3/61
2.47356 Bill
4/12/61
4/15/61
2.827)6 Bill
5/1/61
/ 5/15/61
\ 5/15/61
6/8/61
6/U/61
3/28/61
Certificate
3-1/456 Note
356
2.3O8S6 Bills
6y
172d
4/15/62 - At auction
5/15/62-A
5/15/63-D
f
8/3/61-1
\ll/30/61 J
-"Strip" of 18
series 46/
9,098
1,213
100
148 23/
1,502
ly
4,116
13,819]
12, 947
iS/
3,670
iO/
2,433
3,604
100
il/
'
100 i2/
675
675
3,897
148
a/
3,655
J2/
2,438
3,604
ly
2y
109. 6d
(Average)
100 22/
9,098
1,213
5y
^
9/22/6I - Tax ant.
(At auction)
i6/
643
993
2,343
3,504
8/15/62-G
2^
643
993
2,343
1,502 2g/
8y
{'•'sl
21/
100
315
5,440
9|in
I
100
315
3,300
3m
6m
8/
{i;d^
22/
llm
ly
5y
3/20/61
100 22/
llm
11m
lim
^
100
\
2,001 28/
4I111
6/22/61 - Tax ant.
(At auction)
466
470
2,211
5y
Reopening
100
3,674
2,113
ly
100
22/
6,938
4,195
3,674
2,113
llim
100
1,504 23/
6,938
4,195
ly
5y
252d
7y
749
320d
25y
2y
7y
7,037
3,011
749 22^
4y
3y
26/
7,037
3,011
5y
1-1/256 Note
[
11,125
ly
9m
7/15/61 - At auction
3-1/8^ Certificate
3-7/856 Bond
490
lOm
6m
4y
10/1/60
S/
9/12/60
6/23/60
999
ly
4y
4/15/61 - At auction
4.60856 Bill
4-3/856 Certificate
4-5/858 Note
\ 5/15/60
Tax ant. 5/
(At auction)
2/15/6I-A
11/15/64-C - Issued at 99.75
4/1/60
3,216
5y
4y
1/15/61 - At auction
5.067;{ Bill
4-7/8;C Certificate
4-7/8JS Note
216d
1,503
2,000 22/
3,728
1,903
U/
4,673
''lll]^
}
iV
1,802
(At auction)
7/11/61
7/15/6I
2.90856 Bill
7/17/61
r 8/1/61
J
8/1/61
U/23/60
3-1/4)6 Note
3-3/456 Note
3-7/8)6 Bond
11/15/62-H
8/15/64-E
5/15/68
7/26/61
2.48456 Bill
3/23/62
('10/3/60
3-1/256 Bond
3-1/256 Bond
3-1/256 Bond
11/15/80
2/15/90
11/15/98
7/20/61
9/11/61
I
2/M/58
LlO/3/60
Footnotes at end of table.
7/15/62 - At auction
Reopening
Issued at 99.375
4,174
ly
3y
6y
Tax ant. i/
(At auction)
Reopening
Reopening
Reopening
240(1
19y
28y
37y
2,004 28/
6,082
5,019
749
2m
5m
2d
5,U9
6,082
5,019
749
100
1,273
1,298
1,187
100 i:^
3,503
1,273
1,298
1,187
(Continued on following page)
ii
;
November 1964
Treasury Bulletin
42
PUBLIC DEBT OPERATIONS.
Table 4.- Offerings of Public Marketable Securities Other Than
Regular Weekly Treasury Bills - (Continued)
Date subscrip-
November 1964
43
PUBLIC DEBT OPERATIONS
Footnotes to Table 4
Bureau of the Public Debt. Preliminary figures are from subscription and allotment reports; final figures are> on "clearance"
basis in daily Treasury statement.
Issued at par except as noted. For bill issues sold at auction the
rate shown is the equivalent average rate (bank discount basis) on
accepted bids. For details of bill offerings, see Table 2,
In reopenings, the amount issued is in addition to the amount in original
offering,
From date of additional issue in case of a reopening,
Subscriptions shown are from the public, but amounts issued include
allotments to Government investment accounts.
For maturing securities exchanged for the new issues, see Table 7,
Tax anticipation bill, acceptable at face value in payment of income
and profits taxes due on the quarterly payment date immediately
preceding maturity.
Issued as a rollover of bills maturing January 16, 1957, and
February 15, 1957, respectively.
Subscriptions in excess of $100,000 were allotted 31 percent for the
certificates and 12 percent for the notes. Subscriptions for
$100,000 or less for both issues were allotted in full and subscriptions for more than $100,000 were allotted not less than $100,000.
In addition, $100 million of the notes was allotted to Government
investment accounts.
Exchange offering available to owners of nonmarketable 2-'i/lS Treasury bonds, Investment Series B-1975-80, dated April 1, 1951. For
further information on the original offering see Treasury Bulletin
for April 1951, page A-1 .
Amounts shown are as of October 31, 196^.
Redeemable at the option of the holder on August 1, 1959, on three
months' advance notice.
In addition to the amounts issued in exchange, $100 million of each
issue was allotted to Government investment accounts.
Redeemable at the option of the holder on February 15, I960, on
three months' advance notice.
Subscriptions in excess of $100,000 were allotted 22 percent for the
certificates and 28 percent for the notes. Subscriptions for
$100,000 or less for both issues were allotted in full, and subscriptions for more than $100,030 were allotted not less than $100,000.
In addition, $100 million of each issue was allotted to Government
investment accounts.
Subscriptions for $50,000 or less were allotted in full. Subscriptions for more than $50,000 were allotted 10 percent but in no case
In addition, $100 million of the bonds was allotless than $50,000.
Payment of not more than 50
ted to Government investment accounts.
percent could be deferred until not later than October 21, 1957.
Subscriptions for $10,000 or less were allotted in full. Subscriptions for more than $10,000 were allotted 25 percent to savings-type
investors and 12 percent to all other subscribers but in no case
In addition, $100 million of the notes was
less than $10,000.
allotted to Government investment accounts.
SubscripSubscriptions for $10,000 or less were allotted in full.
tions for more than $10,000 were allotted 26 percent to savings-type
investors and 10 percent to all other subscribers but in no case
In addition, $100 million of the bonds was
less than $10,000,
allotted to Government investment accounts.
SubscripSubscriptions for $10,000 or less were allotted in full.
tions for more than $10,000 were allotted 20 percent but in no case
bonds
was
of
the
less than $10,000.
In addition, $100 million
allotted to Government investment accoiints.
SubscripSubscriptions for $25,000 or less were allotted in full.
tions for more than $25,000 were allotted 2^ percent but in no case
In addition, $100 million of the notes was
less than $25,000.
allotted to Government investment accounts.
SubscripSubscriptions for $5,000 or less were allotted in full.
tions for more than $5,000 were allotted 60 percent to savings-type
investors, AO percent to commercial banks for their own accounts,
and 25 percent to all other subscribers, but in no case less than
In addition, $100 million of the bonds was allotted to
$5,000,
Government investnent accounts.
Tax anticipation certificate, acceptable at par plus accrued
interest to maturity in payment of income and profits taxes due on
the quarterly payment date immediately preceding maturity.
SubscripSubscriptions for $100,000 or less were allotted in full.
tions for more than $100,000 were allotted 59 percent but in no case
less than $100,000.
Subscriptions for $100,000 or less for the Dills and $50,000 or less
Subscriptions for more than
for the notes were allotted in full.
the minimum for each issue were allotted UU percent on bills and 35
In addition,
percent on notes but in no case less than the minimum.
$100 million of the notes was allotted to Government investment
accounts.
Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted Ul percent but in no
case less than ftlOO.OOO.
Subscriptions from savings-type investors totaled $720 million and
were allotted 70 percent. Subscriptions from commercial banks for
their own account totaled $^70 million and were allotted 35 percent.
Subscriptions from all other Investors totaled $610 million and were
allotted 15 percent. Subscriptions for $25,000 or less were allotted
in full when accompanied by 100 percent payment at the time of entering the subscriptions. All other subscriptions for $5,000 were
Source:
1/
2/
2/
iJ
^
^
"]/
8/
2/
10/
11/
12/
13/
yj
Ij/
16/
17/
18/
19/
20/
21/
22/
23/
allotted in full. Subscriptions for more than $5,000 were allotted
not less than $5,000,
In addition, $50 million of the bonds was
allotted to Government investment accounts. Savings-type investors
were given the privilege of paying for the bonds allotted to them in
installments up to April 23, 1959 (not less than 25 percent by
January 23, 1959, the issue date; 50 percent by February 2^, 1959;
75 percent by March 23, 1959; and full payment by April 23, 1959).
2^/ Subscriptions for $100,000 or less were allotted in fxill. Subscriptions for more than $100,000 were allotted 50 percent but in no case
less than $100,000.
In addition, $100 million of the notes was
allotted to Government investment accounts.
Subscriptions
from
savings-type
investors totaled $240 million and
2^J
were allotted 65 percent. Subscriptions from commercial banks for
their own account totaled $941 million and were allotted 35 percent.
Subscriptions from all other investors totaled $322 million and were
allotted 20 percent. Subscriptions for $25,000 or less from savingstype investors and commercial banks, and for $10,000 or less from
all others, were allotted in full. Subscriptions for more than
these mtnimimis were allotted not less than the minimums.
In addition, $50 million of the bonds was allotted to Government investment accounts,
26/ Full-paid subscriptions of $25,000 or less, totaling $941 million,
were allotted in full. Subscriptions from savings-type investors
totaled $1,361 million and were allotted 45 percent. Subscriptions
from commercial banks for their own account totaled $6,390 million
and were allotted 8 percent, but not less than $1,000 on any one
subscription. Subscriptions from all other investors totaled
$2,433 million and were allotted 5 percent, but not less than $1,000
on any one subscription.
In addition, $100 million of the notes
was allotted to Government investment accounts,
27/ Holders of approximately $1,600 million of Series F and G savings
bonds issued in 1948, which mature in I960, were offered in exchange
the 4-3/4^ notes, with certain adjustments as of December 15, 1959,
at a price of 99-3/4^.
Smaller denominations of savings bonds could
be exchanged for the next higher multiple of $1,000 of the notes upon
payment of any cash difference. Cash payments amounted to $3 million.
28/ Issued as a rollover of maturing one-year bills.
29/ Savings-type investors were given the privilege of paying for the
bonds in installments up to June 15, I960 (not less than 40 percent
by April 14, the delivery date; 70 percent by May 15; and full
payment by June I5).
In addition to the amounts allotted to the
public, $100 million of the bonds was allotted to Government investment accounts,
30/ Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 30 percent but in no case
less than $100,000,
In addition, $27,4 million of the notes was
allotted to Government investment accounts,
Subscriptions
for
$25,000 or less were allotted in full. Subscrip21/
tions for more than $25,000 were allotted 85 percent but in no case
less than $25,000,
In addition, $71 million of the notes was
allotted to Government investment accounts.
j2 / Subscriptions were permitted to be made with payment in cash or in
4-3/4^ Treasury notes maturing August 15, I960 (see Table 7, footnote 22),
In addition, in order that holders of 3-5/8S2 Federal
National Mortgage Association notes maturing August 23, 1960, might
have an opportunity to reinvest the proceeds, the Secretary of the
Treasury, in behalf of the Association, offered to purchase such
notes on August 15, I960, at par and accrued interest to the extent
that such subscriptions were allotted and the proceeds from the par
amount of the notes were applied to payment, in whole or in part,
for the new securities,
12/ Combined total includes $80 million allotted on subscriptions from
holders of the Federal National Mortgage Association notes maturing
August 23, 1960 (see footnote 32),
Consists of allotments on subscriptions from holders of Treasury
notes maturing August 15, I960,
22/ Subscriptions from States, political subdivisions, or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign States, Government investment
accounts, and the Federal Reserve Banks as provided in the offering
circular, totaled $6,285 million and were allotted in full, Subscriptions_ subject to allotment totaled $11,104 million and were
allotted in full up to and including $25,000; all others were allotted
13 percent but in no case less than $25,000.
Subscriptions totaled $1,181 million from savings-type investors and
$100 million frcm Government investment accounts; both were allotted
25 percent.
Subscriptions from commercial banks for their own accounts
totaled $2,708 million and were allotted 20 percent. Subscriptions
from all others totaled $1,190 million and were allotted 15 percent.
Subscriptions for $5,000 or less were allotted in full; subscriptions
for more than $5,000 were allotted not less than $5,000.
In
addition to the amounts allotted to the public, there was
X!/
allotted to Government investment accounts $131,3 million of the
3-1/2^ bonds of 1980, $215.9 million of the 3-l/2^ bonds of 1990,
and $236.5 million of the 3-l/2^ bonds of 1998.
23/ Holders of approximately $750 million of Series F and G savings bonds
issued in 1949, which mature in 1960, were offered in exchange the
4^ bonds, with certain adjustments as of December 15, I960, at a price
Footnotes continued on following page.
2^
2^
Treasury Bulletin
44
PUBLIC DEBT OPERATIONS
Footnotes to Table 4
Smaller denominations of savings bonds could be exchanged
of lOOj.
for the neirt higher multiple of $500 of the bonds upon payment of any
39/
iO/
il/
42/
43/
44/
45/
^
47/
48/
49/
50/
51/
52/
53/
54/
55/
56/
57/
58/
59/
60/
cash difference. Cash payments amounted to $365,375.
Subscriptions were permitted to be made with payment in cash or in
4-7/8$ Treasury certificates maturing February 15, 1961 (see Table 7,
footnote 17).
Consists of allotments on subscriptions from holders of certificates
of Indebtedness maturing February 15, 1%1.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central ban]£S and foreign States, Government investment
accounts and the Federal Reserve Banks, as provided In the offering
circular, totaled t4,364 million and were allotted in full. Subthose
scriptions subject to allotment totaled 114,619 million:
up to and including $10,000 were allotted in full; all others were
allotted 20 percent but In no case less than $10,000.
In addition to the amounts allotted to the public, there was allotted
to the Federal Reserve Banks and Government Investment accoimts
$39 million of the 3-3/8$ bonds of 1966, and $540 million of the
3-5/8$ bonds of 1967.
Subscriptions were permitted to be made with payment In cash or in
the 4-3/4$ Treasury certificates or 3-5/8$ Treasury notes, both
maturing May 15, 1961 (see Table 7, footnote 20).
Consists of allotments on subscriptions from holders of certificates
of indebtedness and Treasury notes maturing May 15, 1961,
There were allotted in full all subscriptions totaling about $2,379
million for the certificates and $1,258 million for the notes, from
States, political subdivisions or instrumentalities thereof, public
pension and retirement and other public fxmds, international organizations in which the United States holds membership, foreign central
banks and foreign States, Government investment accounts, and the
Federal Reserve Banks, as provided in the offering circulars. Subscriptions from all other investors were subject to allotment and
totaled $11,445 million for the certificates which were allotted
27 percent, and $11,631 million for the notes which were allotted
12 percent; subscriptions for $25,000 or less were allotted in full,
and subscriptions for more than $25,000 were allotted not less than
$25 ,000.
Sale of a "strip" of Treasury bills, consisting of an additional
$100 million for cash of eighteen series of weekly Treasury bills
maturing from August 3, 1961, to November 30, 1961.
In addition to the amoxints allotted to the public, there was allotted
to the Federal Reserve Banks and Government investment accounts,
$480.4 million of the 3-l/2$ bonds of 1980, $160.6 million of the
3-1/2$ bonds of 1990,and $289.5 million of the 3-l/2$ bonds of 1998.
Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 37 percent but In no case
less than $100,000.
In addition, $100 million of the notes was
allotted to Government Investment accounts.
Includes $2 million allotted to Government investment accounts of the
3-1/4$ notes, $4 million of the 3-3/4$ bonds of 1966, and $136 million
of the 3-3/4$ bonds of 1974.
Sale of a "strip" of Treasury bills, consisting of an additional $100
million for cash of eight series of weekly Treasury bills maturing
from December 7, 1961, to January 25, 1%2.
Holders of approximately $970 million of Series F and G savings bonds
Issued In 1950, which mature in 1%2, were offered in exchange the
3-7/8$ bonds with certain adjustments as of December 15, 1961, at a
price of 99.50. Smaller denominations of savings bonds could be exchanged for the next higher multiple of $500 of the bonds upon payment of any cash difference. Cash payments amounted to $309,000.
Subscriptions for $50,000 or less were allotted in full. Subscriptions for more than $50,000 were allotted 60 percent but In no case
less than $50,000.
In addition, $100 million of the bonds was
allotted to Government Investment accounts.
Includes $3,411 million allotted to Federal Reserve Banks and Government investment accounts of the 3-l/2$ certificates and $1,518
million of the 4$ notes.
In addition to the amounts allotted to the public, there was allotted
to Government Investment accounts $385 million of the 4$ bonds of
1971, $177 million of the 4$ bonds of 1980, $218 million of the 3-l/2$
bonds of 1990, and $221 million of the 3-1/2$ bonds of 1998.
Issued for cash and in exchange for tax anticipation bills maturing
March 23, 1962 (see Table 7, footnote 22).
Subscriptions for $50,000 or less were allotted in full. Subscriptions for more than $50,000 were allotted 15 percent but in no case
In addition, $100 million of the bonds was
less than $50,000.
allotted to Government investment accounts.
Includes $2,166 million allotted to Federal Reserve Banks and Government Investment accounts of the 3-l/4$ certificates, $14 million of
the 3-3/8$ notes, and $64 million of the 3-7/8$ bonds.
Subscriptions were permitted to be made with payment in cash or in
the 4$ notes or 3-1/4$ notes, both maturing August 15, 1962 (See
Table 7, footnote 23).
Consists of allotments on subscriptions from holders of Treasury
notes maturing August 15, 1962.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, International organizations in which the United States holds membership,
-
(Continued)
foreign central banks and foreign States, Government investment
accounts, and the Federal Reserve Banks totaled $4,760 million for
the certificates and were allotted in full, In accordance with the
offering circular. Subscriptions from all others totaled $15,395
million and were allotted 12-1/2 percent with subscriptions for
$50,000 or less allotted in full and those for more than $50,000
allotted not less than $50,000.
61/ Subscriptions for the 4$ bonds totaled $6,743 million and were
allotted 22 percent with subscriptions for $100,000 or less allotted
in full and those for more than $100,000 allotted not less than
$100,000. In addition, $100 million of the bonds was allotted to
Government investment accounts,
62/ All subscriptions for the 4-1/4$ bonds were allotted In full. In
addition, $50 million of the bonds was allotted to Government
investment accounts. Savings-type investors were given the privilege
of paying for the bonds allotted to them in installments up to
October 15, 1962 (not less than 30 percent by August 15, 1962, the
Issue date; 60 percent by September 15, 1962; and full payment by
October 15, 1962),
63/ In addition to the amounts allotted to the public, there was allotted
to Government investment accounts $21 million of the 3-3/4$ notes
and $320 million of the 4^ bonds,
64/ Includes $3,796 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/8$ certificates, $1 million of
the 3-1/2$ notes, and $6 million of the 4$ bonds,
6^ Sale of a "strip" of Treasury bills, consisting of an additional
$100 million for cash of ten series of weekly Treasury bills maturing
from January 17, 1963, to March 21, 1963.
66/ Holders of approximately $458 million of Series F and G savings
bonds which mature in 1963 and 1964 were offered in exchange either
the 3-7/8$ bonds or the 4$ bonds with certain adjustments as of
December 15, 1962, at a price of 99,50, Smaller denominations of
savings bonds could be exchanged for the next higher multiple of
Cash payments
$500 of the bonds upon payment of any cash difference.
amounted to $93,000 for the 3-7/8$ bonds and $101,825 for the 4$ bonds,
67/ The bonds were sold to a syndicate on the basis of competitive bidding
The winning bid was $99.85111 per $100
for reoffering to the public.
of face amount for a 4$ coupon, resulting in a net basis cost to the
calculated
to maturity.
Treasury of 4.008210$,
6^ Includes $3,921 million allotted to Federal Reserve Banks and Government Investment accounts of the 3-1/4$ certificates and $15 million
of the 3-3/4$ bonds.
62/ In addition to the amounts allotted to the public, there was allotted
to Government investment accounts $19.8 million of the 3-5/8$ notes,
$29,6 million of the 3-7/8$ bonds of 1971, $151,9 million of the 3-7/8$
bonds of 1974, and $123.9 million of the 4$ bonds of 1980,
70/ The bonds were sold to a syndicate on the basis of competitive bidding
The winning bid was $100.55119 per $100
for reoffering to the public.
of face amount for a 4-1/8$ coupon, resulting in a net basis cost to
the Treasury of 4.093145$, calculated to maturity.
71/ Includes $3,327 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/4$ certificates, and $85 million
of the 3-5/8$ notes.
72/ Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 5 percent but in no case
less than $100,000.
22/ Includes $4,149 million allotted to Federal Reserve Banks and Government investment accounts,
74/ One-year bills issued monthly beginning September 3, 1963,
75/ In addition to the amounts allotted to the public, there was allotted
to Federal Reserve Banks and Government investment accounts $23 million of the 3-7/8$ bonds of 1968, and $171 million of the 4$ bonds of
1973.
76/ Issued for cash and in exchange for one-year bills maturing October 15,
1963 (see Table 7, footnote 27),
77/ Sale of a "strip" of Treasury bills, consisting of an additional $100
million for cash of ten series of weekly Treasury bills maturing from
February 6, 1964, to April 9, 1964.
78/ Subscriptions were permitted to be made with payment in cash or in
3-1/8$ certificates or 4-7/8$ notes, both maturing November 15, 1963
(See Table 7, footnote 28).
22/ Consists of allotments on subscriptions from holders of Treasury certificates of indebtedness and Treasury notes maturing November 15,
1963.
80/ Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membe'-ship,
foreign central banks and foreign States, Government investment account
and the Federal Reserve Banks, as provided in the offering circular,
totaled $4,307 million and were allotted in full. Subscriptions subthose up to and including
ject to allotment totaled $15,762 million:
$100,000 were allotted in full; all others were allotted 21 percent but
in no case less than $100,000,
81/ Issued to replace the one-year bills maturing January 15, 1964,
82/ In addition to amounts allotted to the public, $189 million was
allotted to Government investment accounts,
Subscriptions
83/ Subscriptions for $50,000 or less were allotted In full.
for more than $50,000 were allotted 83-1/2 percent but in no case
less than $50,000.
In addition, $125 million of the bonds was allotted
to Government investment accounts.
Footnotes continued on following page.
November 1964
45
PUBLIC DEBT OPERATIONS
Footnotes to Table 4
$4-, 014. million allotted to Federal Reserve Banks and Government investment accounts of the 3-7/8^ notes.
Subscriptions for $50,000 or less were allotted in full.
Subscriptions
for more than $50,000 were allotted 9 percent but in no case less than
$50,000.
Includes $6,3S3 million allotted to Federal Reserve Banks and Government investment accounts of the 4.5^ notes and $29 million of the t^-\/lS>
bonds.
In addition to the amounts allotted to the public, there was allotted
to Government investment accotints $22 million nf the 4.-1/4.^ bonds of
1987-92, and $4 million of the 4.-1/8^ bonds of 1973.
Sale of a "strip" of Treasury bills, consisting of an additional $100
million for cash of ten series of weekly Treasury bills maturing from
October 15, 1964., to December 17, 1964.
Subscriptions were permitted to be made with payment in cash or in 5%
notes or 3-3/4!^ notes, b-'th maturing August 15, 1964- (See Table 7,
footnote 32).
Consists of allotments on subscriptions from holders of Treasury notes
maturing August 15, 1964-.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership.
Qj^ Includes
8^/
86/
82/
88/
89/
90/
91/
-
(Continued)
foreign central banks and foreign States, Government investment accounts
and the Federal Reserve Banks, as provided in the offering circulars,
totaled $1,950 million and were allotted in full. Subscriptions
subject to allotment totaled $12,903 million: those up to and including
$100,000 were allotted in full; all others were allotted 15 percent
but in no case less than $100,000.
92/ Subscriptions were permitted to be made with payment in cash or in
4-7/8^ notes or 3-3/4-58 notes, both maturing November 15, 1964- (See
Table 7, footnote 34-).
9^/ Consists of allotments on subscriptions from holders of Treasury notes
matiiring November 15, 1964..
2V Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign States, Government investment accounts
and the Federal Reserve Banks, as provided in the offering circulars,
totaled $6,607 million and were allotted in full. Subscriptions subject
to allotment totaled $15,293 million: those up to and including
$100,000 were allotted in full; all other were allotted 16.5 percent
but in no case less than $100,000.
p Preliminary,
46
Sovemher 1964
47
PUBLIC DEBT OPERATIONS
Table 5.- Securities Issued in Advance Refunding Operations -(Continued)
Amount
issued
(In millions)
Securities issued
Date issued
3-5/8S6
t960
2,275
206
845
2/15/67-B
Note
4,287
693
3-7/8?
Bond
11/15/71
532
94
196
V
1,515
136
3/15/63
3U
3-7/8!?
Bond
251
373
11/15/74 i/
1,074
17
49
2
24
U%
Bond
2/15/30
195
V
420
210
213
1
3-7/896
Bond
11/15/68
4?
Bond
8/15/73
4-1/8%
Bond
4?
Bond
4-1/4^
Bond
9/15/63
-
5/15/89-94
V
8/15/70 tj
l/22/6i
5/15/75-85
V
Treasury Bulletin
48
PUBLIC DEBT OPERATIONS
November 1964
49
PUBLIC DEBT OPERATIONS
50
5
November 1964
Treastiry Ballethi
52
PUBLIC DEBT OPERATIONS
Table 6.- Allotmentp by Investor Classes on Subscriptions for Public Marketable Securi ties
Other Than Regular Weekly Treasury Bills i/- (Continued)
^November
1964
53
PUBLIC DEBT OPERATIONS
Table 7.- Disposition of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills
Date of
refunding
or retirement
Treasury Bulletin
54
Table 7.- Dipposltlon of Matured Public Marketabl
^November 1964
56
l^ovember
1964
57
PUBLIC DEBT OPERATIONS,
58
1
1
^November 1964
.
.
.
60
Treasury Bulletin'
PUBLIC DEBT OPERATIONS
FootnotcF to Table 7
10/
11/
U/
U/
VJ
16/
17/
W
12/
20/
21/
22/
2y
uere permitted to exchange their holdings on November 15, 1959, for
the i-7/8% notes.
Rolled over into a one-year bill (see Table U)
Amount which owners exercised the option to redeem on February 15,
i960 (see Table 4, footnote 11).
Advance refunding offering.
Pursuant to the provisions of section
1037 (n) of the Internal Revenue Code of 1954 as added by Public Law
86-346, approved September 22, 1959, the Secretary of the Treasury
has declared that no gain or loss shall be recognized for Federal
income tax purposes upon the exchange of the eligible outstanding
securities solely for the new securities.
For tax purposes, therefore, the investor will carry the new securities on his books at the
same amount as he had been carrying the eligible securities exchanged.
Gain or loss, if any, upon the securities surrendered in exchange
will be taken into account upon the disposition or redemption of the
new securities.
See also Table 5.
Holders of 2-1/25C Treasury bonds maturing November 15, i9bi, were
offered the option tn exchange the bonds during the period from
June 8, i960, to June 13, 1960, inclusive, subject to allotment if
subscriptions exceeded by 10 percent the offering limits of J3.5
billion for the notes and $1.5 billion for the bonds.
Holders of the maturing notes were not offered preemptive rights to
exchange their holdings, but were permitted to present them in payment or exchange, in whole or in part, for the 3-l/85t certificates or
the 3-7/8J bonds, which were offered in an aggregate of around
$8-3/4 billion. For detail of offering, see Table 4.
Excess of maturing 4-3/4i8 Treasury notes over allotments of new
securities on subscriptions from holders of those notes ( see Table 4,
footnotes 32 and 34).
Reopening of an earlier issue.
Holders of 2-l/2;{ Treasury bonds maturing June 15, 1967, December 15,
1968, June 15, 1969, and December 15, 1969, were offered the option
to exchange the bonds during the period from September 12, I960 to
September 20, I960, inclusive, the first for 3-1/2? bonds of 1980,
the second for 3-l/2? bonds of 1990, and the other two for 3-1/2$
bonds of 1998, subject to allotment if the combined total of subscriptions for the bonds of 1990 and 1998 exceeded an outside limit
of $4.5 billion.
Holders of the maturing certificates were not offered preemptive
rights to exchange their holdings, but were permitted to present
them in payment or exchange, in whole or in part, for the 3-1/45^
For detail of
notes offered in the amount of around $6.9 billion.
offering, see Table 4.
Excess of maturing 4-7/85K certificates over allotments of new
securities on subscriptions from holders of those certificates
(see Table 4, footnotes 39 and 40).
From March 20 through March 22, 1961, owners of 2-1/4$ bonds of June
15, 1959-62, 2-1/4$ bonds of December 15, 1959-62, 2-5/8$ notes
maturing February 15, 1963, and 2-1/2$ bonds maturing August 15, 1963,
were granted the option of exchanging their holdings. The first
three were exchangeable for a new 3-5/8$ bond due November 15, 1967,
and the last for a new 3-3/8$ bond due November 15, 1966. Exchanges
were subject to allotment if subscriptions exceeded $5 billion for
the bonds of 1967 or $3 billion for the bonds of 1966.
Holders of the maturing certificates and notes were not offered
preemptive rights to exchange their holdings, but were permitted to
present them in payment or exchange, in whole or in part, for the
$5,250 million offering of 3$ certificates or the $2,500 million
offering of 3-1/4$ notes.
For detail of offering, see Table 4.
Excess of maturing 4-3/5$ certificates and 3-5/8$ notes over
allotments of new securities on subscriptions from holders of those
certificates and notes (see Table 4, footnotes 43 and 4A)
$1,569 million were redeemed for cash and $168 million were exchanged for the tax anticipation bills dated March 23, 1962 (see
Table 4).
Holders of the maturing notes were not offered preen^tive rights to
exchange their holdings, but were permitted to present them in
payment or exchange, in whole or in part, for the $6,500 million
offering of 3-1/2$ certificates, the $1,500 million offering of
4$ bonds, or the $750 million offering of 4-1/4$ bonds. For detail
of offering, see Table 4.
Excess of maturing 4$ notes and 3-1/4$ notes over allotments of new
securities on subscriptions from holders of those notes (see Table 4,
footnotes 58 and 59).
From September 10 through September 12, 1962, owners of securities
maturing February 15, 1963 (3-1/2$ certificates, 2-5/8$ notes,
3-1/4$ notes), and May 15, 1963 (3-1/4$ certificates, 3-1/4$ notes,
4$ notes) were granted the option of exchanging their holdings.
2b/
27/
25/
-
(Continued)
subject to allotment If subscriptions exceeded the offering limits
of $6 billion for the notes and $3 billion for the bonds.
Called on August 14, 1962, for redemption on December 15, 1962.
Holders of the maturing one-year bills were offered the option to
exchange the bills for the tax anticipation bills dated October 15,
1963 (see Table 4, footnote 76).
Holders of the maturing certificates and notes were not offered
preemptive rights to exchange their holdings, but were permitted to
present them in payment or exchange, in whole or in part, for the
$7,600 million offering of 3-7/8$ notes. For detail of offering, see
Table 4.
Excess of maturing 3-1/8$ certificates and 4-7/8$ notes over allotments of new securities on subscriptions from holders of
those
certificates and notes (see Table 4, footnotes 78 and 79).
20/
Fax anticipation bills issued to replace the maturing
one-year bills
(see Table 4, footnote 81).
21/ From January 13 through January 17, 1964, owners of securities
maturing August 15, 1964 (3-3/4$ notes and 5$ notes), November
15,
1964 (3-3/4$ notes and 4-7/8$ notes), February 15, 1965 (2-5/8$ bonds)
and May I5, 1965 (4-5/8$ notes) were granted the option of exchanging
their holdings subject to allotment if subscriptions exceeded
the offering limits of $4 billion for the 4$ bonds and $750 million for the
4-1/4$ bonds. Subscriptions to the 4-1/4$ bonds exceeded the limitation.
For allotment details see Table 4, footnote 83.
22/ Holders of the maturing notes were not offered preen^jtive rights to
exchange their holdings, but were permitted to present them in
payment
or exchange, in whole or in part, for the 3-7/8$ notes
offered in the
amount of about $4.0 billion. For detail of offering, see Table
4.
22/ Excess of maturing 5$ notes and 3-3/4$ notes over
allotments of new
securities on subscriptions from holders of those notes (see
Table 4
footnotes 90 and 91).
2V Holders of the maturing notes were not offered preemptive rights to
exchange their holdings, but were permitted to present them in payment or exchange, in whole or in part, for the 4$ notes offered in the
amount of about $9 1/4 billion. For detail of offering, see Table 4.
25/ Excess of maturing 4-7/8$ notes and 3-1/^$ notes over allotments of
new securities on subscriptions from holders of those notes (see Table
4 footnotes 93 and 94)
Preliminary.
p
22/
Note:
Information on retirement of tax anticipation Issues referred to
In footnote 4, in millions of dollars:
Date of
retirement
November 1964
62
,
November 1964
64
November 1964
66
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 9.- Foreign Currency Serlep Securltlep (Nonmarketable)
IpFued to Official Inetltutlonp of Foreign Countrlep - (Continued)
November 1964
67
.UNITED STATES SAVINGS BONDS.
Series E and H are the oaly savings bonds currently
Series E has been on sale since May
30,
1952. Series J and K were sold from May 1,
1952 through
19'<-1.
April 3O) 1957. Details of the principal changes In Issues,
Series
Interest yields, maturities, and other terms appear In the
A-D were sold from March 1, 1935, through April JO, 19I+I,
Series F and G were sold from May 1, 19'*'1. through April
Treasury Bulletins of April 1951, May 1952, May 1957, Octo-
being Bold.
and Series H has been on sale since June 1, 1952.
1,
ber and December 1959,
Table 1.- Sales and Redemptions by Series, Cumulative through
and May and October 196I.
October 31, 1964
..
,
68
Treasurij Bulletin
.UNITED STATES SAVUKS BONDS.
Table 3.- Sales and Redemptions by Periods, Series E through K
(
Tn millions of dollars)
Redemptions
Period
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Series E and H combined
Fiscal years :
1941-1956
1957
1958
1959
I960
84,463
4,613
4,670
4,506
4,307
4,464
4,421
4,518
4,656
10,298
1,133
86,763
4,507
4,689
4,320
4,350
4,539
4,278
4,760
10,863
1,143
1,178
1,169
1,224
1,293
1,372
1,404
471
413
400
1''.2
378
368
384
115
116
136
July
August.
September
387
3u4
358
144
113
125
October.
367
114
1961
1962
1963
1964
Calendar years
1941-1956
1957
1958
1959
I960
1,174
1,194
1,254
1,331
1,386
1,458
:
1961
1962
1963
Months:
1964-Janunry.
February.
March. ..
April.
May
June
94,761
1,161
. .
.
.
115
121
481
Sales
price
2/
Amoxint outstanding
}j'
Accrued
discount 2/
Interest- bearing
debt
Matured
noninterestbearing debt
November 1964
69
.UNITED STATES SAVINGS BONDS.
Table 3.- Sales and Redemptions by Periods, Series E through K
-
fContinued)
(In millions of dollars)
Redemptions 1/
Period
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Sales
price 2/
Accrued
discount 2/
Exchanges of
E bonds for
H bonds
Amount
outstanding
interestbearing debt)
(
Series E
Fiscal years
:
81,23S
3,919
3,889
3,688
3,603
3,689
3,674
19a-1956
1957
1958
1959
1960
1961
1962
1963
1964
Calendar year s:
91,536
4,136
10,293
1,133
1,161
1,174
1,194
1,254
1,331
1,386
1,458
83,176
3,875
3,802
3,598
3,632
3,711
3,624
4,185
10,863
1,143
1,178
1,169
1,224
1,293
1,372
1,404
94,038
5,018
4,979
4,767
4,856
5,003
4,996
405
369
356
142
115
121
338
334
345
345
3,9U
19^-1956
1957
1958
1959
I960
1961
1962
1963
Months
1964-January,
February.
March. . .
53,638
4,981
4,951
4,889
5,181
4,394
4,343
4,203
4,363
49,844
4,248
4,196
4,092
4,295
3,673
3,613
3,461
3,609
3,794
732
755
797
886
721
731
742
754
55,951
5,220
4,122
5,225
4,729
4,249
4,349
4,2?9
51,829
4,437
3,931
4,342
3,935
3,546
3,595
3,495
461
366
398
371
300
330
89
484
477
115
116
136
453
450
482
387
335
386
323
277
319
64
67
488
442
447
387
320
67
346
359
289
295
58
447
341
280
5,052
5,049
4,862
4,797
4,943
5,005
5,300
5,594
5,589
4,658
37,398
37,9'.9
219
191
206
33,067
38,040
37,456
37,817
33,260
39,166
40,190
278
212
199
208
35,087
37,335
38,206
37,743
37,597
38,140
38,587
39,740
24
18
19
39,801
39,902
39,961
16
14
18
40,011
40,112
40,190
64
19
16
14
40,272
40,352
40,425
61
15
40,517
201
188
783
727
883
794
703
754
733
;
April.
May
June
. .
July
September
329
321
144
113
125
October,
333
114
August.
.
547
66
68
58
Series H
Fiscal years
;
1952-1956
1957
1958
1959
3,225
694
782
818
704
775
I960
1961
1962
1963
1964
Calendar years:
I960
1961
1962
1963
194
196
236
217
322
233
604
521
521
373
260
?J8
373
3,587
631
887
722
718
828
654
3,587
631
887
722
575
575
277
248
198
294
267
235
287
328
277
248
198
294
267
235
287
328
66
66
44
28
27
40
34
33
34
33
34
747
1952-1956
1957
1958
1959
194
196
3,225
694
782
818
704
775
747
604
718
828
654
236
217
322
233
260
298
Montha:
1964- January.
February.
March. . .
44
U
28
27
40
40
34
38
40
34
33
34
July
August. .
September
42
42
35
36
35
36
37
36
43
37
36
October.
34
34
37
37
April.
May
June
.
.
.
U
43
-
...
.
Treasury Bulletin
70
.UNTIED STATES SAVINGS BONDS.
Table 4.- Redemptions of Matured and Unmatured Savings Bonds
{In millions of dollars)
Matured
Period
Total 1/
Total
Fiscal years
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
Calendar years:
1951
1952
1953
195i
1955
1956
1957
1958
1959
1960
1961
1962
1963
Series E
and H
Unmatured
Other
;
6,137
5,109
5,621
6,515
7,251
7,8i6
8,958
8,5a
7,249
8,557
5,819
5,716
5,273
5,164
817
792
1,761
2,747
3,941
4,263
4,115
3,730
3,621
4,126
2,673
2,593
2,250
2,057
5,074
6,149
6,985
7,301
8,264
9,630
7,255
8,772
6,732
5,595
5,602
5,021
772
1,015
2,318
3,171
4,230
4,246
4,156
3,393
4,701
3,033
2,555
2,387
2,043
534
427
476
253
5,651
38
702
1,128
1,487
1,826
1,917
1,971
1,906
1,996
2,304
1,733
1,668
1,593
1,754
254
968
1,328
1,500
2,047
1,891
2,084
1,691
2,433
1,9U
1,633
1,656
1,617
Months:
1964-Jaiiuary.
February.
March , . ,
April.
May
June
,
451
.
413
454
150
100
203
210
230
133
63
227
177
188
191
July
August.
September
466
410
431
175
157
181
168
155
148
October.
408
199
182
,
.
779
Total
Series E
and H
Unclassified
10/
November 1964
71
UNITED STATES SAVINGS BONDS
,
Table 5.- Salee and Redemptlonp by Denominationc!, Series E and H
i^
Combined
(In thousands of pieces)
Total all
denominations
Period
$10 2/
$25
$50
$75 2/
$100
$200 4/
$500
8,798
929
27,519
1,854
1,396
1,413
1,340
1,230
1,299
1,237
1,270
1,214
106
48
$1,000
$5,000
$10,000
y
6/
Sales 7/
Fiscal years:
19a-55
1,696,608
90,053
90,160
89,431
85,882
85,607
86,495
86,479
89,627
96,609
21,076
1,740,071
90,786
90,856
86,676
84,945
86,659
85,757
87,094
94,123
21,076
1,155,275
56,719
56,327
54,908
52,895
52,972
53,453
53,010
54,629
59,230
267,768
18,784
20,256
21,043
20,108
20,220
20,434
20,901
21,903
23,442
1,182,875
56,635
189,789
10,090
9,969
9,824
9,477
9,208
9,273
9,286
9,623
10,324
851
893
798
774
789
813
928
1,006
26,230
1,608
1,320
1,304
1,212
1,165
1,201
1,186
1,233
1,220
56,361
53,200
52,452
53,910
52,528
53,503
57,391
276,605
19,825
21,166
20,152
20,050
20,347
20,447
21,329
22, 828
194,673
10,177
9,846
9,690
9,241
9,184
9,322
9,196
10,162
9,251
903
887
823
775
768
816
799
1,019
27,012
1,500
1,257
1,302
1,141
1,173
1,247
1,098
1,325
23,393
1,683
1,305
1,454
1,243
1,238
1,346
1,127
1,357
129
40
25
33
9,095
8,042
8,506
5,631
4,836
5,167
2,131
1,943
2,115
965
885
932
93
141
124
98
3
91
129
116
100
4,844
4,924
1,903
1,934
2,083
847
89
^8
May
June
7,881
8,012
8,450
42
93
8U
87
89
91
90
97
86
82
July
August
September p
8,230
7,505
7,853
5,116
1,915
1,845
1,924
77
77
79
845
829
836
82
78
97
96
96
92
2
74
S3
78
2
369
279,372
16,813
37,956
40,038
390
1956
1957
1958
1959
I960
1961
1962
1963
196i
Calendar years
1941-55
1956
1957
1958
1959
I960
1961
1962
1963
135
29
33
35
27
31
30
25
22
;
Months:
1964.-January,
February.
.
.
.
March
April
Inception to date p.
2,520,540
5,110
4,483
4,776
21,076
1,663,793
460,
5U
899
86
30
27
34
27
24
2
2
2
1
2
2
Redemptions 2/
Fiscal years:
1941-55
1956
1957
1958
1959
1960
1961
1962
lO^-'
1964
Calendar years:
1941-55
1956
1957
1958
1959
1960
1961
1962
1963
2/
2/
^
1,273,338
90,109
96,384
88,902
90,083
87,819
82,762
18,403
84,965
321
231
177
lU
101
78
62
54
371
280
197
161
122
87
71
58
6
4
March
8,173
7,250
7,965
April
May
June
7,692
6,703
7,694
4
July
August
September p
7,600
7,100
7,263
4
4
2,046,588
19,789
.
.
Febrriary.
,
Inception to date p.
1/
13,181
429
84, 285
Months:
1964- January.
Note:
1,229,060
89,953
93,175
93,452
88,647
90,748
85,077
83,804
83,469
87,242
5
5
4
4
892,320
60,014
60,612
59,880
56,036
56,796
54,280
52,958
53,018
55,264
182,015
16,503
13,165
19,467
18,598
19,507
18,654
18,746
19,022
20,034
109,032
9,925
10,590
10,433
10,394
10,634
9,197
9,150
8,715
9,080
3,061
537
633
639
675
725
616
653
601
648
12,605
1,255
1,354
1,320
1,301
1,351
1,076
1,077
1,005
1,051
11,839
1,281
1,485
1,464
1,451
1,567
1,139
1,126
1,028
1,088
922,449
59,520
61,695
57,080
56,389
55,552
52,626
53,231
54,055
190,112
17,036
19,777
18,296
19,150
19,089
18,346
19,006
19,402
113,905
9,986
10,961
10,075
10 696
9,848
8,937
9,129
8,771
3,308
13,212
1,267
1,408
1,250
1,368
1,201
1,045
1,070
1,008
12,440
1,337
1,578
1,365
1,575
1,334
1,098
1,108
1,037
12
q
14
12
9
12
13
5,060
4,591
5,015
1,876
1,683
1,850
923
744
125
1
4,806
4,254
4,855
,
581
666
627
722
657
609
653
615
4
5
9
11
9
15
10
10
12
15
6
7
89
1
97
103
2
95
98
1
85
1
95
1
834
51
59
1,797
1,524
1,768
829
700
815
59
52
60
82
94
4,78i
4,534
4,565
1,737
1,607
1,694
813
723
754
62
95
84
88
100
87
90
1
54
56
1,415,061
355,749
Ul
8,961
23,663
23,746
106
These figures are estimates by the Office of Debt Analysis in the
Office of the Secretary and are based on the daily Treasury statement
and reports from Federal Reserve Banks and the Bureau of the Public Debt.
Sales of Series H bonds began ^n June 1, 1952; the denominations
authorized were $500, $1,000, $5,000, and $10,000.
Sales were authorized in June 1944, to Armed Forces only, and discontinued after March 31, 1950.
Sales began on May 1, 1964.
Sales began in October 1945.
17
199,
^
6/
7/
*
p
2
2
Sales of $10,000 denomination Series E bonds were authorized on
May 1, 1952.
Includes sales and redemptions of $100,000 denomination Series E bonds
which are purchasable only by trustees of employees' savings plans
beginning April 1954, and also personal trust accounts beginning
January 1955.
See Table 4, footnote 1,
Less than 500 pieces.
Preliminary.
,.
.
.
,
Treasury Bulletin
72
OWNERSHIP OF FEDERAL SECURITIES.
Table !•- Distribution of Federal Securities by Classes of Investors and Types of Issues
(In millions of dollars)
Interest-bearing securities
by the U.S. Government
Total
Federal
securities outstanding
1/
Total
outstanding
1957
1958
1959
1960
^70,634
27b, iM.
284,817
286,471
268,486
274,698
281,833
283,241
55,501
55,842
1961
285,672
294,442
301 ,954
307,357
56,002
56,296
58,206
1964
289,211
298,645
306,466
312,526
1963-December.
310,089
305,213
1964 -January.
February.
MarcS. . .
309,339
311,150
310,408
304,499
306,132
305,405
308,402
312,337
312,526
August. .
September,
October.
End of
fiscal
year or
month
1962
1963
April,
. .
May
June
July
,
Held by U. S. Government
investment accounts 2/
Interest-bearing securities guaranteed \jy the U.S. Government 4/
eld by private
nvestors 2/
Held by
Federal
Reserve
Banks public
Total
Public
marketable
issues
Held by
Public
nonmarketable
issues
Total
outstanding
U. S.
Government
investment
accounts
i/
Held by
private
investors
Matured
debt
and
debt
bearing
no
interest
Fublic
issues
Special
issues
8,674
9,596
9,799
10,360
46,827
46,246
44,756
44,899
23,035
25,438
26,044
26,523
189,949
193,418
201,044
201 ,459
127,179
134,593
144,983
149,546
62,770
58,825
56,252
51,913
106
110
139
79
46
47
60
45,043
60,964
10,959
11,357
13,405
14,337
44,801
46,627
27,253
29,663
32,027
34,794
202,417
208,483
211,721
211,598
151,392
157,418
160,361
159,575
51,025
51,065
51,360
52,023
240
444
605
812
87
167
165
159
277
440
653
3,300
3,759
3,907
4,357
57,796
14,137
43,658
33,593
213,825
162,089
51,735
741
184
557
4,134
56,361
57,269
57,45c
14,4a
32,753
33,169
33,770
215,384
215,695
214,185
163,631
163,893
162,449
51,753
51,801
51,736
755
787
817
189
192
192
566
595
625
4,085
14,385
14,229
41,917
42,883
43,221
303,385
307,214
307,357
55,934
59,197
60,964
13,930
14,162
14,337
42,004
45,034
46,627
33,169
34,229
34,794
214,282
213,788
211,598
162,476
161,836
159,575
51,806
51,952
52,023
801
171
804
812
157
159
630
647
653
4,216
4,319
4,357
312,004
314,938
316,496
306,855
309,625
311,122
59,755
61,643
61,663
14,018
14,201
14,296
45,737
47,441
47,367
35,051
212,049
212,819
214,109
159,924
160,544
161,550
52,125
52,274
52,558
820
I64
35,164
35,350
847
885
161
172
656
687
713
4,330
4,465
4,488
316,456
311,217
60,355
14,098
46,257
35,709
215,153
162,527
52,627
820
162
657
4,419
Total
54,554
55,259
U,939
Source: Daily Treasury statement for total amounts outstanding; reports
from agencies and trust funds for securities held by U. S. Government
investment accounts; and reports from Federal Reserve System for
secxirities held by Federal Reserve Banks.
1/ Includes certain debt not subject to statutory limitation. For amounts
subject to limitation, see page 1.
2/ Includes accounts under the control of certain U. S. Government agencies
whose investments are handled outside the Treasury.
3/
4/
50
54
63
101
2/
153
2,042
1,646
2,873
3,090
4,231
4,186
The total amount of interest-bearing securities held by private investors is calculated by deducting from the total amount outstanding the
amount held by U. S. Government investment accounts and Federal
Reserve Banks
Consists of guaranteed securities held outside the Treasury. All are
public marketable issues.
Table 2.- Net Market Purchases or Sales of Federal Securities for
Investment Accounts and Other Accounts Handled by the Treasury 1/
(In millions of dollars; negative figures are net sales)
Year
1940.
1941.
1942.
1943.
19U.
1945.
1946.
1947.
Jan.
-9.5
-2.8
-.5
-14.5
-9.9
-67.5
-8.1
Feb.
-20.9
12.0
30.0
-90.3
-105.1
-48.1
-.7
.1
Mar.
-5.7
Apr.
-1.6
-.7
-.2
5.8
.3
-72.9
-11.5
-5.9
.4
-16.5
-55.6
-35.2
-10.0
-34.4
-4.7
3.3
-61.3
-338.6
-12.1
1.5
1.1
8.4
19.9
36.2
-2.9
29.9
-30.4
-54.7
-1.9
11.4
2.9
35.9
2.8
56.2
46.7
35.4
-2.1
-.2
8.8
-6.6
36.8
22.1
24.6
7.0
23.0
177.4
-1.8
13.5
261.2
6.7
8.8
-4.0
77.2
1956.
1957.
1958.
1959.
1960.
1961.
1962.
-1.3
14.3
-123.4
17.5
-5.6
76.9
-9.8
72.6
-155.9
23.0
16.5
-21.3
47.1
10.7
13.4
10.6
62.2
43.1
18.9
16.4
19.5
18.2
1963.
1964.
80.7
148.7
142.1
101.1
293.5
111.3
U.6
14.1
.4
«
1948.
1949.
1950.
1951.
1952.
1953.
1954.
1955.
106.8
5.1
6.3
482.7
.5
12.9
-22.4
1.^.9
56.1
U.O
32.3
July
June
May
.4
.9
.4
.3
-145.8
20.5
-56.4
-69.8
-359.2
Sept.
Aug.
Dec.
Oct.
-.3
-1.1
60.0
-5.0
-5.9
4.8
-12.0
-123.0
-14.1
-57.6
221.0
-20.3
696.4
.1
-.3
11.5
10.7
-3.6
11.7
-1.1
14.2
7.9
-.2
-.1
7.0
29.0
8.2
-.3
-4.4
-.2
-2.3
-67.8
-18.5
-17.0
-157.8
-609.1
-3.4
-15.8
-19.0
-.2
-41.2
-308.1
-4.5
-2.7
-28.1
-12.5
-74.1
-123.1
1.0
5.4
-.1
8.2
7.2
4.6
.3
5.1
3.5
1.5
20.1
-45.5
22.5
.2
4.4
3.8
-2.0
4.7
1.4
7.9
-21.7
74.8
.4
5.0
2.3
3.5
38.4
-17.2
20.3
-10.0
11.8
-1.7
5.8
8.4
16.5
17.0
21.1
-30.7
5.7
313.4
-86.3
53.1
21.8
24.2
39.9
398.8
15.8
177.2
9.9
-14.5
15.4
-8.7
49.2
182.4
445.5
32.2
35.5
25.6
61.9
9.4
56.2
26.6
17.3
41.1
25.5
36.8
-23.3
83.9
-67.3
17.3
-304.4
8.4
10.3
10.6
28.3
3.4
25.1
325.5
71.6
105.5
57.3
-25.4
21.3
33.3
43.7
113.1
39.7
27.8
19.5
656.2
155.8
73.9
141.0
-59.0
28.7
33.5
223.4
373.1
345.7
126.2
436.7
33.8
1/ Consists of purchases or sales, in the market, by the TreastLry of securities
issued or guaranteed by the U, S, Government for (1) trust funds which by
law are under the control of the Secretary of the Treasury or the Treasurer
of the U. S. , (2) accounts under the control of certain U. S. Government
agencies whose investments are handled through the facilities of the
Treasury Department; and (3) purchases prior to maturity by the Secretary
1.1
-88.4
1.9
26.4
19.1
18.3
U.4
1«.8
55.1
.6
41.0
234.8
of the Treasury of any outstanding securities as authorized under
Section 19 of the Second Liberty Bond Act, as amended (31 U.S.C. 754a).
This table excludes (1) all investment transactions for the Exchange
Stabilization Fund; and (2) all purchases by subscription on
original issue and all securities which are redeemed upon maturity.
Less than 150,000.
November 1964
73
,
OWNERSHIP OF FEDERAL SECURITIES,
Table 3.- Estimated Ownership of Federal Securitiee
(Par values 1/ in billions of dollars)
Held by banks
End of
month
Total
Federal
securities
outstanding 2/
Held by private nonbank investors
U.
Commercial
banks
Federal
Reserve
Banks
S.
Government investment
accounts
Individuals
^
Savings bonds
Total
Total
Series
E and H
Other
series
Other
^
securities
Insurance
companies
Mutual
savings
banks
State
and
Corporalocal
tions 6/
govern-
ments
Foreign
and international
2/
Other miscellaneous
investors
8/
.2
10.1
1.9
8.2
6.3
3.1
22.8
23.9
10.1
10.6
2.6
2.8
7.5
7.8
6.5
6.9
3.1
3.2
2.1
2.0
8.5
9.5
25.0
31.0
11.2
13.6
.2
3.4
1.1
4.2
7.6
8.2
7.1
8.2
3.4
3.7
2.0
4.0
.7
.4
.4
.5
2.6
6.2
10.6
12.2
37.7
53.0
17.8
23.7
3.7
6.9
5.4
6.5
8.7
10.3
9.2
3.9
4.5
4.9
10.1
.9
11.3
1.0
.4
.8
1.5
52.2
59.9
7.2
11.5
14.3
16.9
67.0
81.7
30.9
37.6
11.3
16.0
7.9
3.7
11.7
12.9
13.1
15.1
5.3
6.1
12.9
16.4
1.5
2.1
1.3
1.5
3.0
202.6
232.1
68.4
77.7
14.9
18.8
19.1
21.7
100.2
114.0
46.1
53.3
21.1
25.5
10.1
10.7
14.9
17.1
170
19.6
7.3
8.3
3.2
4.3
1.4
1.7
4.7
5.2
259.1
278.7
84.2
90.8
21.8
24.3
24.9
27.0
128.2
136.6
59.1
29.1
30.7
11.6
12.2
18.5
21.2
22.7
24.0
10.7
23.3
22.2
5.3
6.5
2.0
2.4
6.2
64.1
279.8
269.9
259.5
93.8
84.4
74.5
22.9
23.8
23.3
28.0
29.1
30.9
135.1
132.6
130.7
64.1
63.3
64.2
30.8
30.4
30.3
12.5
13.1
13.9
20.8
19.9
20.1
24.4
24.9
24.9
11.1
11.5
11.8
19.9
17.8
15.3
6.7
6.5
6.3
2.4
2.2
2.1
6.6
6.4
6.0
258.4
257.0
70.0
68.7
21.9
22.6
32.8
34.4
133.7
131.3
66.6
65.7
30.8
31.0
14.7
15.2
21.1
19.4
24.6
23.9
12.1
12.0
13.7
14.1
7.1
7.3
3.4
2.7
6.1
5.7
1948- June..
Dec...
252.4
252.9
64.6
62.5
21.4
23.3
35.8
37.3
130.7
129.7
65.8
65.5
31.6
32.2
15.5
15.6
18.6
17.6
22.8
21.2
12.0
11.5
13.6
14.3
7.8
7.9
2.6
2.8
6.1
6.1
1949- June..
Dec...
252.8
257.2
63.0
66.8
19.3
18.9
38.3
39.4
132.2
132.1
66.6
66.3
33.1
33.8
15.7
15.5
17.8
17.0
20.5
20.1
11.6
11.4
15.8
16.8
3.0
8.1
2.9
2.9
6.6
6.5
1950- June..
Dec...
257.4
256.7
65.6
61.8
18.3
20.8
37.8
39.2
135.6
134.9
67.4
66.3
34.5
34.5
15.4
15.1
17.6
16.7
19.8
18.7
11.6
10.9
18.4
19.7
3.5
4.3
6.2
6.2
1951-June..
Deo...
255.3
259.5
58.4
61.6
23.0
23.8
41.0
42.3
132.9
131.8
65.4
64.6
34.5
34.7
14.6
14.4
16.3
15.5
17.1
16.5
10.2
9.8
20.1
20.7
9.4
9.6
4.2
4.3
6.5
6.3
1952-June..
Dec...
259.2
267.4
61.1
63.4
22.9
24.7
U.3
130.8
133.4
64.8
65.2
34.9
35.3
14.1
13.8
15.7
16.0
15.7
16.0
9.6
9.5
18.3
19.9
10.4
11.1
4.7
45.9
5.3
6.9
6.4
1953-June.
Deo...
266.1
275.2
58.8
63.7
24.7
25.9
47.6
48.3
135.0
137.3
66.1
64.8
36.0
36.7
13.2
12.7
16.8
15.4
16.0
15.9
9.5
9.2
18.6
21.5
12.0
12.7
5.7
5.9
7.1
7.3
1954- June..
Dec...
271.3
273.8
63.6
69.2
25.0
24.9
49.3
49.6
133.3
135.1
64.7
63.4
37.5
38.2
12.1
11.7
15.1
13.5
15.4
15.3
9.1
8.8
16.6
19.2
13.9
14.4
6.0
6.3
7.6
7.6
1955- June..
Dec...
274.4
63.5
62.0
23.6
24.8
50.5
51.7
136.7
142.3
65.0
64.7
39.3
40.1
10.9
10.2
14.8
15.0
14.6
8.7
8.5
18.8
23.5
14.7
15.4
6.8
7.5
7.6
U.5
66.2
65.5
40.9
41.4
9.4
8.7
15.9
15.4
13.6
13.2
8.4
8.0
17.7
19.1
16.1
16.3
7.9
7.3
8.4
8.4
1939-Dec..
47.6
15.9
2.5
6.5
1940- June
4^.5
50.9
16.1
17.3
2.5
2.2
7.1
7.6
1941- June..
Deo...
55.3
64.3
19.7
21.4
2.2
2.3
1942- June..
Dec...
77.0
112.5
26.0
41.1
1943- June..
Deo...
140.8
170.1
1944- June .
Dec...
1945- June.
Dec...
Dec.
^
1946-Feb.
June
Deo.
1947- June .
Deo.
.
2!50.8
9.6
.4
.2
.2
.2
.7
2.1
8.1
1956- June..
Deo...
272.8
276.7
57.3
59.5
23.8
24.9
53.5
54.0
138.3
138.2
1957-June..
Dec...
270.6
275.6
56.2
59.5
23.0
24.2
55.6
55.2
135.9
136.1
65.6
64.0
41.5
41.6
7.6
6.6
16.5
15.8
12.7
12.5
7.9
7.6
16.8
18.6
16.3
16.6
7.6
7.6
8.4
9.0
1958- June.
Deo...
276.4
283.0
65.3
67.5
25.4
26.3
55.9
54.4
129.9
134.8
63.7
63.0
42.1
42.5
5.9
5.2
15.7
15.3
12.2
12.7
7.4
7.3
14.8
18;8
16.3
16.5
6.5
7.7
8.8
8.9
1959-June..
Deo...
284.8
290.9
61.5
60.3
26.0
26.6
54.6
53.7
142.6
150.3
65.3
68.0
42.6
42.4
4.5
3.5
18.3
22.1
12.6
12.5
7.3
6.9
20.8
22.8
16.9
18.0
10.1
12.0
9.5
10.1
1960- June..
Deo...
236.5
290.4
55.3
62.1
26.5
27.4
55.3
55.1
149.3
145.8
68.0
64.7
42.5
42.9
3.1
2.7
22.4
19.1
12.0
11.9
6.6
6.3
21.2
20.1
18.8
18.7
12.3
13.0
10.4
11.2
1961-June.
Dec
289.2
296.5
62.5
67.2
27.3
28.9
56.1
54.5
143.3
145.9
63.1
43.6
44.2
2.5
2.2
17.1
18.2
11.4
11.4
6.3
6.1
20.0
20.0
19.3
18.7
12.7
13.4
10.5
11.6
1962- June..
Dec...
298.6
304.0
65.2
67.2
29.7
30.3
56.5
55.6
147.3
150.4
44.6
45.1
2.0
1.8
18.0
18.2
11.3
11.5
6.3
6.1
19.7
20.2
306.5
305.5
307.2
307.3
307.1
308.9
310.1
64.4
63.3
61.7
63.0
63.1
62.7
64.1
32.0
32.5
58.4
57.1
58.9
58.3
57.2
57.7
58.0
151.7
152.7
154.2
153.5
154.1
154.8
154.4
46.0
46.1
46.2
46.3
46.4
46.6
46.7
1.5
1.5
1.5
1.4
1.4
1.4
1.4
17.9
18.3
18.3
18.7
18.8
18.9
18.9
10.8
10.9
10.9
11.0
11.0
11.0
11.0
6.1
6.1
6.1
6.0
5.8
5.8
5.8
20.3
20.6
21.4
19.7
20.4
21.6
20.6
19.7
19.5
20.7
20.9
21.2
20.9
20.7
20.3
20.8
14..1
15.
1963-June.
July.
Aug...
Sept..
Oct...
64.6
65.1
65.4
65.9
66.0
66.4
66.6
66.9
66.9
309.3
311.1
310.4
308.4
312.3
312.5
312.0
314.9
316.5
62.6
61.9
61.2
60.6
59.5
59.7
58.8
59.4
61.2
32.8
33.2
33.8
33.2
34.2
34.8
35.1
35.2
35.4
56.5
57.5
57.6
56.1
59.4
61.1
59.9
157.4
158.6
157.8
158.5
159.2
156.9
158.3
158.5
158.2
67.5
68.0
68.4
67.7
46.8
46.9
47.0
47.1
47.2
47.3
47.4
47.5
47.6
1.2
1.1
1.1
19.4
19.7
20.1
19.4
19.7
19.7
19.9
19.4
19.5
11.1
11.0
10.9
10.8
10.8
10.6
10.7
10.8
10.9
5.9
6.0
6.1
6.0
6.0
6.0
6.0
6.0
6.0
21.8
22.7
21.4
21.8
22.5
20.2
20.7
20.9
19.7
21.0
21.4
21.9
22.6
22.7
22.6
22.3
22.6
22.3
15.
15.
15.
15.
15.
15.
15.
.
Nov.
nee.
.
.
.
1964- Jan...
Feb...
Mar...
Apr. .
May...
June.,
July..
Aug...
Sept.
32.4
32.6
32.8
33.7
33.6
61.8
61.8
64.7
68.1
68.2
68.5
68.0
68.2
Source:
Office of Debt Analysis in the Office of the Secretary.
1/ United States savings bonds, Series A-Fand J, are included at
2/
}/
current redemption value.
Securities issued or guaranteed by the U. S. Government, excluding
guaranteed securities held by the Treasury.
Consists of commercial banks, trust conyanies, and stoolc savings
banks in the United States and in Territories and island possessions.
Figures exclude securities held in trust departments.
ij
^
6/
7/
3/
2/
15.
15.
15.
16.1
15.
16.1
15.
16.'
16.
Includes partnerships and personal trust accounts.
Discontinued series. See savings bonds tables.
Exclusive of banks and insurance companies.
Consists of the investments of foreign balances and inti
accounts in the United States,
Consists of savings and loan associations, nonprofit in
corporate pension trust funds, and dealers and brokers.
Preliminary.
p
Immediate postwar deb* peak.
Treasury Bulletin
74
.TREASUKf
SUWEY OF OWNERSHIP, SEPTEMBER
The monthly Treasury 3urvey of Ownership covers securltlee lesued by the United States Government and by Federal agencies.
The banks and Insurance companies Included
Sm^ey currently account for about 90 percent of all
such securities held by these Institutions.
The similar
30, 196/^.
corporations and savings and loan associations In the September i960 Bulletin, and for State and local governments
In the February 1962 Bulletin.
In the
proportion for corporations and for savings and loan associations Is 50 percent, and for State and local govemments,
70 percent.
Data were first published for banks and In-
Holdings by commercial banks distributed according to
Federal Reserve member bank classes and nonmember banks are
published for June JO and December 31. Holdings by corpo-
rate pension trust funds are published quarterly, first
appearing In the March l<)^k- Bulletin.
surance companies In the May 19'H Treasury Bulletin, for
Section
I
-
Securities Issueci or Guaranteed by the United States Government
Table 1.- Summary of All Securities
November 1964
75
.TREASUEY SUIWEY OF OWNERSHIP, SEPTEMBER 30, 196^.
Section I - Securities Issued or Guaranteed by the United States Government
Table 3.- Interest-Bearing Public Marketable Securities by Issues
(Par values - millions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstanding
Issue
Treasury bills:
Regular weekly and annual
maturing:
Oct.
196i - Dec. 1964...
Jan.
1965 - Mar. 1965..
Apr.
1965
May
1965
June 1965
July 1965
Aiig.
1965
Sept. 1965
32,526
13,
?U
1,001
1,000
1,001
1,000
1,000
1,001
Insurance companies
6,024
commer-
^
502
banks
mutual
savings
banks
2/2/
2/
cial
136
73
19
."23
15
20
4
1
Tax anticipation:
Mar.
1965
297
life
i87 fire,
casualty,
and
marine
4,110
2,773
203
214
547
50Q
State and local
governments
savings AG9
and loan corpo- 316
associa- rations general
tions
funds
94
133
67
5
6
53,345
9,186
475
3,267
5,441
1,816
6,620
7,268
8,560
2,954
4,040
3,261
5,156
2,359
4,433
490
466
315
675
357
270
457
212
115
40
353
577
50
3
4^)6
118
40
47
24
28
194
3,194
788
111
162
4
8
5
12
4
1
7
7
94
4
1
66
539
1
347
234
4,868
4,434
24
6
25
24
25
10
22
26
21
104
38
135
83
112
317
99
199
152
134
121
111
90
99
Total Treasury bills
250
1,383
153
143
109
132
191
pension
and retirement
funds
246
34
S. Government investment accounts
and Federal
Reserve Banks
U.
4,322
1,6U
112
74
Held by
all
other
investors
^
17,607
6,877
392
23
47
34
387
515
235
235
373
288
6,287
26,983
13
2,309
4,140
276
4,057
4,016
6,307
82
1,886
611
1,667
278
360
456
461
696
877
1,020
1,003
853
410
862
1,074
715
1,166
106
77
62
91
46
28
89
37
83
14
31
362
Treasury notes :
3-3A
Nov.
Nov.
4-5/8
3-7/8
3-7/8
May
May
Aug.
4
3-1/2
3-7/8
3-5/8
Nov.
Nov.
Feb.
Feb.
Aug.
Feb.
Aug.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
4-7/8JS
4
3-5/8
3-3/4
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1964-C...
1964-F...
1965-*...
1965-C...
1965-D. ..
1965-E...
1965-B...
1966-C. .
1966-B...
1966-A...
1967-B. .
1967-A...
1964-EO.
1965-EA..
1965-EO..
1966-EA..
1966-EO..
1967 -EA..
1967-EO..
1968-EA..
1968-EO.
1969-EA..
Total Treasury notes
1,330
1 576
,
9 '30
1,466
1,187
1,396
2,001
1,120
2,483
12
14
77
33
u
51
81
53
25
31
74
98
43
122
127
16
72
«
121
190
152
321
22Q
141
242
QO
53
1
1
72
2
3
35
21
64
11
11
11
17
9
20
7
22
16,506
1,437
1,813
2,627
2,538
3,976
2,414
1,402
2,249
1,024
1,851
1,295
1,952
3,604
2,728
2,460
3,747
1,591
1,844
6,265
4,129
2,806
2,760
2,344
2,579
3,894
4,357
1,532
2,244
1,218
1,586
6 "^2
36
665
833
815
1,573
491
237
980
646
739
178
979
1,168
298
703
84
202
172
40
61
63
7
7
113
118
110
623
114
788
."96
126
32
52
69
252
20
9
ft
1
1
1
3
172
15
89
172
67
75
130
70
26
17
6
71
36
29
4
58,572
23
132
221
82
220
2,476
1,593
20
53
16
43
60
58
18
123
124
86
736
41
23
31
39
297
51
26,003
Treasury bonds:
2-1/2)6
J^e
2-1/2
2-1/2
2-1/2
2-5/8
2-1/2
2-1/2
3-3/4
Dec.
3
3-3/8
2-1/2
2-1/2
3-5/8
2-1/2
3-7/8
3-3/4
3-7/8
4
4
4
4
3-7/8
4
4
4
4-1/8
4-1/4
3-7/8
4-1/4
3-1/4
June
Dec.
Feb.
Mar.
Mar.
May
Aug.
Nov.
June
Sept.
Nov.
Deo.
May
Aug.
Nov.
Feb.
Oct.
Aug.
Aug.
Nov.
Feb.
Aug.
Aug.
Nov.
May
Nov.
May
June
1962-67
1963-68.
1964-69
1964-69..
1965
1965-70..
1966-71..
1966
1966
1966
1967-72..
1967-72..
1967
1967-72..
1968
1968
1968
1969
1969
1970
1971
1971
1972
1972
1973
1973
1974
1974
1975-85...
1978-83...
.
.
,
,
,
,
,
Footnotes at end of Table 4.
1
,
W4
754
745
2,300
1,499
935
1,027
332
699
1,124
2,053
478
310
53
38
63
20
11
24
53
50
38
52
65
121
8
1
4
43
18
18
127
15
39
97
142
178
96
195
162
85
46
28
74
49
141
155
37
3
71
299
15
29
21
31
23
21
126
148
86
95
36
85
117
89
65
154
256
57
48
47
192
226
64
65
25
36
100
30
319
160
83
(
21
17
30
89
126
48
lU
22
19
49
63
110
71
99
77
42
173
115
117
31
25
Continued on following page;
50
68
125
108
91
164
113
123
154
191
29
103
17
38
37
33
11
13
55
34
14
6
92
33
7
15
21
7
13
10
93
92
66
52
79
4
142
5
144
183
76
68
56
40
128
47
77
115
48
21
80
154
153
1
3
41
14
2
20
8
52
61
37
4
52
24
8
92
18
26
49
12
27
111
61
233
97
41
II
5
3
49
37
15
51
59
36
179
48
61
127
249
425
131
250
520
554
534
794
388
319
45
215
124
80
828
224
433
506
60
214
475
333
594
332
238
481
418
113
88
671
358
190
328
416
534
554
801
537
383
735
229
557
692
524
1,067
1,573
973
775
554
652
2,726
1,731
863
825
774
848
1,297
1,140
589
719
293
495
Memorandum:
Held by
17,203
corporate
pension
trust
funds 6/
.
.
76
Treasury Bulletin
.TREASUEY
SUWEY OF OWNERSHIP, SEPTEMBER
30,
19U.
Section I - Securities Issued or Guaranteed by the United States Government
Table 3.- Interest-Bearing Public Marketable Securities by Issues - (Continued)
(Par values - in millions of dollars)
Held by investors covered in Treasury S\irvey
Insurance conqsanies
Total
6,02i
outstand- commercial
ing
banks
ajnount
Issue
2/
Treasury bonds - (Continued)
~ij
Feb.
1980
1930
3-1/2 Nov.
May
1985
3-lA
1987-92...
4-lA Aug.
Feb.
1988-93...
4
4-1/8 May
1989-94. .
3-1/2 Feb.
1990
Feb.
1995
3
3-1/2 Nov.
1998
Total Treasury bonds
Guaranteed securities 10/.
Total public marketable
securities
2,610
1,913
1,129
1,563
250
1,560
4,906
2,430
4,434
97,063
.
209,366
V
84
75
142
8
26
502
mutual
savings
banks
87
145
40
82
39
7
31
123
47
69
391
120
533
297
life
i87 fire,
casualty,
and
marine
Am
savings
and loan
associations
State and local
governments 4/
i69
corporations 316
general
funds
191
pension
and retirement
funds
Held by
U. S. Govern- all
ment invest- other
ment accounts investors
and Federal
Reserve Banks
^
Memorandum:
Held by
17,203
corporate
pension
trust
funds 6/
November 1964
77
.TREASUBI SURREY OF OWNERSHIP, SEPIEMBER
30, 196^.
Section
II
-
Interest-Bearing Securities Issued by Federal
Agencies But
Not Guaranteed by the United States
Government
(Par values - in millions of dollars)
Total
amount
outstand-
Issue
U/
irig
6,024
commercial
banks
2/3/
I
Banks for cooperatives
3.95% Oct.
196i (Debentures).
Dec.
3.90
1964 (Debentures).
3.90
Feb.
I965 (Debentures).
146
159
232
49
62
66
Total banks for cooperatives....
538
176
:
Federal home loan banks: 12/
3-1/2J Oct
1964 (Bonds).
3-7/8 Nov
1964 (Notes).
Jan,
i.05
1965 (Notes).
-i.lS
Feb.
1965 (Notes).
4.10
Apr.
1965 (Notes).
4-1/8 May
1965 (Notes).
July 1965 (Notes).
3.95
4.05
Aug.
1965 (Notes).
3-3/4 Sept. 1965 (Bonds).
4-1/8 Mar.
1966 (Bonds).
4-1/8 Aug.
1966 (Bonds).
4-1/4 Nov.
1966 (Bonds).
4'»
175
249
435
430
525
U6
552
175
260
200
275
92
50
71
116
94
150
136
167
53
58
32
50
Total Federal home loan banks...
4,182
1,069
Federal intermediate credit banks:
( Debentures
)
2,424
638
142
209
159
160
140
150
108
193
72
180
31
Federal land banks: 12/
Oct.
~4l
1964
(Bonds).
4-1/4 Apr.
1965
(Bonds).
4
Aug.
1965
(Bonds).
Oct.
4
1965
(Bonds)
Dec.
4
1965
(Bonds).
3-5/8 Feb.
1966
(Bonds).
3-1/4 May
1966
(Bonds).
4-1/4 July 1966
(Bonds).
4-1/8 Feb. 1967- 72 (Bonds).
May
4
1967
(Bonds).
4-1/8 Oct.
1967
(Bonds).
4-1/2 Oct.
1967- 70 (Bonds).,
4-1/4 Mar.
1968
(Bonds).,
4
June 1968
(Bonds).,
4-1/4 Aug.
1968
(Bonds)..
4-3/8 Mar.
1969
(Bonds)..
4-5/8 July 1969
(Bonds)..
5-1/8 Feb.
1970
(Bonds) ..
3-1/2 Apr.
1970
(Bonds)..
5-1/8 July 1970
(Bonds) ..
3-1/2 May
1971
(Bonds)
3-7/8 Sept. 1972
(Bonds)..
4-1/8 Feb.
1973-'•78 (Bonds).
4-1/2 Feb.
1974
(Bonds)..
.
.
Total Federal land banks
Federal National Mortgage
Association:
Discount notes
3-7/8? Dec.
1964 (Debentures)
4-3/8 June 1965 (Debentures)
3-3/4 Mar.
I966 (Debentures)
4-1/8
3-5/8
4-3/8
4-5/8
4-1/8
4-1/8
4-1/2
5-1/8
4-3/8
4-1/4
4-1/2
Dec.
Mar.
Apr.
Apr.
Sept.
Aug.
Sept.
Feb.
June
June
Feb.
1966
1968
1969
1970
1970
1971
1971
1972
1972
1973
1977
174
Total Tennessee Valley Authority
Footnotes on preceding page.
5
50
43
4
14
15
3,102
551
21
Total Federal National Mortgage
Association
42
75
111
186
160
100
60
82
33
85
60
109
148
155
(Debentures)
(Debentures)
( Debentures)
(Debentures)
(Debentures),
(Debentures),
(Debentures).
(Debentures).
(Debentures).
(Debentures).
(Debentures).
Tennessee Valley Authority:
Short-term notes
4.40? Nov.
1985 (Bonds)
4-5/8 July 1986 (Bonds)
4-1/2 Feb.
1987 (Bonds)
35
21
23
33
1,571
35
50
50
45
180
6
52
30
6
3
3
12
1
3
3
Treasury Bulletin
78
MARKET QUOTATIONS ON TREASURY SECURITIES, OCTOBER 30, 1964.
Current market quotations shown here are over-the-
The securities listed Include all regularly quoted public
counter closing bid quotations In the New York market
for the last trading day of the month, as reported to
the Treasury by the Federal Reserve Bank of New York.
marketable securities issued by the United States Treasury.
Outstanding Issues which are guaranteed by the United
States Oovernment are excluded.
Table 1.- Treasury Bills
Amount outstanding (millions)
November 1964
79
MARKET QUOTATIONS ON TREASURY SECURITIES, OCTOBER 30, 1964.
Table 3.- Treasury Bonds
(Price decimals are 32iids)
Price
Amount
outstanding
(millions)
$3,976
2,2i9
1,024
1,851
1,«4
3,60i
2,460
3,747
1,591
1,813
1,8a
2,627
6,265
2,538
Description
2-5/8J
3-3/4
Bid
3-3/8
2-1/2
2/15/65
5/15/66
8/15/66
11/15/66
6/15/62-67
3-5/8
3-7/8
3-3/4
3-7/8
2-1/2
11/15/67
5/15/68
8/1 5/68
11/15/68
12/15/63-68
98.28
99.19
98.30
99.12
94.20
4
2--1/2
2/15/69
6/1 5/64-69
99.30
93.26
99.27
93.03
92.27
3
4
2,4U
2-1/2
2-1/2
4,129
4
1,402
2,806
2,760
2,344
1,294
2-1/2
2,579
1,952
2,725
3,894
4,357
1,532
4
4
3-7/8
4
2-1/2
2-1/2
2-1/2
4
4-1/8
4-1/4
3-7/8
2,244
2,610
4
1,913
1,586
1,129
1,218
3-1/2
3-1/4
3-1/4
4-1/4
4,906
1,563
250
1,560
2,424
4,434
3-1/2
4-1/4
4
4-1/8
3
3-1/2
99.23i
99.24
98.19
98.30
96.27
10/1/69
12/15/64-69
3/15/65-70
8/15/70
3/15/66-71
8/15/71
11/15/71
2/1 5/72
6/15/67-72
99.16
8/1 5/72
99.06
89.20
89.16
98.27
99.26
91.21
99.12
98.16
99.06
89.31
9/1 5/67-72
12/15/67-72
8/15/73
11/15/73
5/15/74
11/15/74
2/15/80
11/15/80
6/15/78-83
5/15/85
5/15/75-85
Change
from
last
month
To first
call or
maturity
+.03i
-.03
-.02
-.01
.00
-.02
-.02
4.02
4.00
4.06
4.04
3.93
.00
.00
4.02
3.98
+ .01
4.04
-.03
+ .01
4.01
-.03
+ .07
-.02
4.10
4.00
.00
+ .02
.00
4.12
4.13
4.04
.00
4.12
4.05
4.03
4.16
4.15
4.13
+ .01
.00
.00
-.04
-.05
+ .05
+ .07
+ .12
+ .06
+ .10
+ .10
+ .03
4.17
4.14
4.17
4.15
1/
97.20
98.12
92.06
88.12
88.06
100.14
y
89.18
+ .08
+ .08
5/
1/
2/15/90
8/15/87-92 5/
2/15/88-93 i/
5/15/89-94
2/15/95
11/15/98 5/
100.21
97.06
98.26
85.26
88.28
V
y
Date
6/15/58
11/15/60
2/28/58
3/15/61
5/5/42
100.13
102.11
103.20
100.06
6/5/68
5/15/61
1'08.12
4/6/46
100.26
102.04
101.06
99.17
108.03
12/24/62
5/12/61
12/26/62
7/10/64
4/6/46
97.18
+ .01
.00
+ .05
3/15/61
6/23/60
4/18/62
9/15/63
12/1/42
.00
+ .03
.00
+ .05
+ .02
8/15/62
4/15/43
10/1/57
9/15/43
2/1/44
102.08
107.25
110.14
107.24
107.23
+ .02
-.02
+ .02
.00
-.01
6/20/63
12/1/44
3/1/62
5/15/62
11/15/62
6/1/45
+ .03
+ .04
+ .03
-.01
4.11
+ .01
4/21/58
5/15/61
12/24/62
4/6/46
4/21/58
4/6/46
4/6/46
99.07
81.10
94.04
81.04
80.10
3/24/64
1/6/60
12/30/59
1/6/60
1/6/60
100.14
107.22
101.27
100.28
101.20
106.16
8/2/63
4/6/46
12/26/62
12/26/62
12/26/62
4/6/46
98.21
3/24/64
1/6/60
4/3/64
4/3/64
3/24/64
1/6/60
12/26/62
4/6/46
4/6/46
10/1/63
10/30/64
10/30/64
98.06
78.24
79.06
100.065-
5/5/61
92.08
93.08
91.02
82.06
82.04
98.10
1/6/60
1/6/60
4/14/64
1/6/60
1/6/60
5/19/60
4/21/58
12/26/62
1/16/63
8/28/63
6/8/55
5/12/61
84.08
100.00
96.22
98.00
79.08
87.06
1/6/60
3/30/64
9/16/64
3/30/64
1/6/60
3/30/64
9/15/63
7/22/64
5/15/64
-.02
110.24
103.18
97.24
111.28
101.04
105.28
4/22/58
106.26
104.10
-.01
+ .14
+ .14
+ .12
4.11
-.02
-.02
-.02
-.02
-.03
-.02
2/14/58
8/15/62
1/17/63
4/18/63
2/15/55
10/3/60
100.11
100.26
101.12
95.14
79.28
98.14
97.16
98.06
79.12
3/24/64
1/6/60
1/6/60
3/25/64
7/20/64
5/1/64
101.20
109.18
106.16
99.05
99.26
100.31
4.20
9/15/59
3/24/64
3/24/64
1/6/60
9/15/62
4.17
4.20
4.17
4.20
3.79
1/6/60
12/12/61
97.29
98.13
82.08
10/20/41
11/15/45
4.11
1/6/60
4A/64
8/8/61
6/9/60
.00
12/2/57
1/23/59
10/3/60
5/1/53
6/3/58
4/5/60
89.00
99.07
89.24
97.10
84.22
98.11
+ .03
+ .04
-.02
-.02
-.03
-.04
-.02
-.03
-.02
+ .08
Lou
High
Issue
date
Price
+ .07
+.07
4.00
100.31
V
V
Change
from
last
month
3.56%
3.92
3.82
3.92
3.78
+ .06
+ .09
i/
Price range since first traded 2/
Yield
5/12/61
5/12/61
8/4/54
6/11/58
98.01
99.06
_L
V
2/
2/
Includes approximately $100 million issued for cash on July 29, 1964,
as part of a "strip" of additional amounts of ten series of Treasury
bills, maturing each week from October 15 to December 17, 1964.
Not quoted October 30, 1964.
Beginning April 1953, prices are closing bid quotations in the overthe-counter market. Prices for prior dates are the mean of closing
"When issued" prices are included in the
bid and ask quotations.
Dates of highs and lows in case of
history oeginning October 1941
recurrence are the latest dates.
On callable Issues market convention treats the yield to earliest call
date as more significant when an issue is selling above par, and to
maturity uhen it is selling at par or below.
Included in the average yield of long-term taxable Treasury bonds as
shovm under "Average Yields of Long-Term Bonds."
.
4/
^
Treasury Bullet}
80
MARKET QUOTATIONS ON TREASURY SECURITIES, OCTOBER 30. 1964.
o
o
a:
coi
o
o
o
(O
i«5
o
OJ
Hi
o
oo
o
cvi
November 1964
81
AVERAGE YIELDS OF LONG-TERM BONDS.
Table 1.- Average Yields of Treasury and Corporate Bonds by Periods
(Percent per annum)
Moody' s Aaa
corporate
bonds
Treasury
bonds ^/
Period
Treasury
bonds iy
Period
Moody's Aaa
corporate
bonds
Treasury
bonds 1/
Period
s Aa
corporate
bonds
Moody'
Annual series - calendar year averages of monthly series
2.46
2.47
2.48
2.37
2.19
2.25
2.44
9i2.
19-13.
19U.
11945.
1946.
1947.
1943.
1949.
1950
2.83
2.73
2.72
2.62
2.53
1952
1953
1954
1955
1956
1957
2.61
2.82
2.66
2.31
2.32
2.57
2.68
2.94
2.55
2.84
3.08
3.47
1951
2.62
2.36
2.96
3.20
2.90
3.06
3.36
3.89
1953
3.43
1959,
4.08
4.02
3.90
3.95
4.00
I960
1961
1962
1963
3.79
4.38
4.41
4.35
4.32
4.26
Monthly series - averages of daily series
Treasury
bonds 1/
1953
2.80
2.83
2.89
2.97 2/4/
2.81
2.82
3.04
3.05
3.28
3.24
3.29
3.16
2.91
3.06
3.11
3.11
2.95
2.92
2.87
2.89
3.13
2.91
3.06
2.95
2.86
2.85
2.88
2.90
2.88
2.85
2.93 2/
3.07
2.97
2.93
3.11
June
3.02
3.02
2.98
2.83
2.86
2.79 2/
1954
2.69
2.62
2.53
2.48
2.54
2.55 1/
July
August. .
September.
October...
November
December .
2.47
2.43
2.52
2.54
2.57
2.59 2/
2.89
2
3.00
3.17
2
3.21
2
3.20
3.30
3.40
3.28
3.43
3.56
3.59
3.69
3.75
3.13
jJuly
1
t
August, . .
September.
October. .
November
December.
.
January
February
March
I
(April
1
.
!
,
.
'/May
[1
I
.
I:
I'
.
'
Treasury
bonds 1/
3.01
3.13
3.10
3.10
3.15
1956
2
2
Moody'
Treasury
bonds 1/
3.08
3.10
3.24
3.28
3.27
Aaa
corporate
bonds
3.60
3.63
3.66 2/2/
3.73
3.57 2/
3.30 2/
1958
3.99
4.10
4.12
4.10
4.08
3 ,24 2/
3 .28
3.60
3.59
3.63
3.60
3.57
3.57
4.37
4.22
4.08
4.18 2/
4.16
3.98
4.61
3.67
3.85
4.41
4.09
3.36
3.79
3.34 2/
4.11
3.91
4.23
4.25
4.30
4.09
4.08
3.93
3.88
4.31
4.35
3 .14
3 .20 2/
3.36
3.60
3.75
3.76
3.70
3.30
3.31
3.92
3.92
4.01
4.08
4.09
4.11
4.10
4.26
4.11
y
4.12
4.27
4.12
4.14
4.13
4.23
4.37
4.46
3.89
Treasury
bonds 1/
4.47
4.43
4.52
4.57
4.56
4.58
3.90
4.00
4.02
3.98
3.93
4.06
3.78
3.80
3.73
3.83
4.41
4.45
4.45
4.42
4.39
4.42
4.56
4.49
4.45
4.46
4.45
Moody s Aaa
corporate
bonds
corporate
bonds
3.89 2/
3.92
3.93
3.97 2/
3.97
4.00
4.21
4.01
3.99
4.26
4.29
4.04
4.07
4.31
4.19
4.19
4.21
4.22
4.23
4.32
4.33
4.35
4.11
4.14
1%4
1962
4.08
4.09
Moody'
Aaa
1%3
3.81
I960
Treasury
bonds l/
Period
3.91 27
Aaa
corporate
bonds
1961
3.77
3.67
3.66
3.67
3.74
3.91
3 .25
3 .12
Moody'
Treasury
bonds 1/
1959
3.34
3.22
3.26
3.32
3.40
3.58 2/
Moody' s Aaa
corporate
bonds
Aaa
corporate
bonds
1957
2.93
2.99
3.02
3.11
Moody'
Treasury
bonds 1/
1955
2.68 2/
2.78
2.78 2/
2.82
.
1
Treasury
corporate bonds iy
bonds
Moody's
Aaa
corporate
bonds
3.02
3.07
3.12
3.23
3.34
3.40
January
February.
March. . .
April. . .
Hay
June
j
Moody'
Aaa
4.37
4.36
4.38
1.40
4.41
3.39
3.88
3.90
4.42
4.42
4.39
4.33
4.28
4.23
4.15
4.14
4.18
4.20
4.13
4.41
4.02 2/
3.98
3.94
3.89
3.87
3.87
4.34
4.35
4.32
4.28
4.25
4.24
4.13
4.14
4.16
4.16
4.40
4.41
4.42
4.42
4.01
'
4.16
Treasury
bonds 1/
Period
Moody'
s Aa
corporate
bonds
Weekly series - averages of daily series for weeks ending
1964-lfay
3
15....
22
29....
June
5.
12.
19.
26.
4.18
4.16
4.14
4.14
4.41
4.41
4.41
4.41
4.15
4.14
4.13
4.12
4.41
4.41
4.41
4.41
1964-July
3.
10.
17.
24.
31.
August
7...
U...
21...
28...
4.11
4.12
4.13
4.14
4.14
4.40
4.40
4.41
4.40
4.40
4.14
4.14
4.14
4.14
4.41
4.42
4.41
4.41
19 64- Sept ember
4.
11.
18.
25.
2..
9..
16..
23..
.JO^
4.16
4.17
4.17
4.16
4.42
4.42
4.42
4.42
4.15
4.16
4.17
4.17
4.15
4.42
4.43
4.42
4.42
4.43
82
Treasury Bulletin^
AVERAGE YIELDS OF LONG-TERM BONDS
cn
Q
z
o
CD
UJ
o
Q.
(r
o
o
a:
o
Q
_i
UJ
UJ
ir
UJ
5
kbvember
1964
83
.MONETARY STATISTICS.
Table 1.- Money In Circulation
(
In millions of dollars except per capita figures)
Paper money 2/
End of fiscal
year or month
Total
money in
circulation 1/
Total
paper
money
Gold
certificates
34
33
33
9U
28,372
28,767
29,040
29,071
29,699
32,065
32,405
33,770
35,470
37,734
29,726
29,943
31,117
32,592
34,529
30
30
29
20
1963- December.
37,692
196^- January.
February.
March, .
11957
i|1958
1959
1962
1963
'l964
United
States
notes
Federal
Reserve
notes
Federal
Reserve
Bank
notes
National
bank
notes
319
318
321
317
316
25,618
26,055
26,329
26,342
27,029
163
147
133
120
110
67
318
318
318
319
321
27,094
27,353
28,622
30,292
32,356
100
19
2,127
2,094
2,009
1,847
1,723
73
56
54
53
37
36
34,662
20
1,877
321
32,331
76
37
36,247
36,312
36,799
33,226
33,268
33,694
20
20
20
1,737
1,718
1,730
306
312
320
31,051
31,107
31,513
75
75
74
37
37
36
36,885
37,208
37,734
33,746
34,039
1,714
1,718
1,723
322
321
321
31,580
31,869
32,356
74
74
34, 529
19
19
19
73
36
36
36
37,835
38,014
38,166 2/
34,612
34,765
34,881
19
19
19
1,659
1,625
1.573
319
321
320
32,506
32,690
32,860 6/
73
73
72
36
36
36
31,
|l9«)
11961
Treasury
notes of
1890
2,170
2,148
2,162
2,200
2,155
30,229
30,715
31,082
31,172
|1955
11956
Silver
certificates
32
31
64
62
59
57
92
85
78
I
.
April.
May
June
,
.
July
August. .
September
V
y
Coin
End of fiscal
year or month
Total
coin
Standard
silver
dollars
1957
1958
1959
1,858
1,948
2,042
2,101
2,215
I960
1961
1962
1963
1964
Minor
223
237
253
268
285
1,202
1,259
1,315
1,346
1,415
433
453
474
487
2,338
2,462
2,652
2,878
3,205
305
329
360
411
482
1,484
1,548
1,663
1,790
1,987
549
585
629
676
736
177.47
176.45
180.98
187.40
196.46
1963-December.
3,030
452
1,872
706
197.54
1964- January.
February.
March. .
3,021
3,04^
3,105
455
459
481
1,859
1,871
1,905
708
713
719
189.76
189.89
192.23
3,139
3,169
3,205
482
482
482
1,933
1,958
1,987
724
730
736
192.47
193.94
196.46
3,223
3,249
3,285
482
482
482
2,000
2,021
2,048
741
747
755
196.74
197. 42r
197.95
1955
'l956
|i
"
I
Money in
circulation
per capita
in dollars) 2/
Subsidiary
silver
.
April .
May
June. .
. .
.
.
July
August. .
September
Source:
Circulation Statement of United States Money.
1/ Excludes money held by the Treasury and money held by or for the
account of the Federal Reserve Banks and agents.
The following paper currencies are in process of retirement and are
redeemable from the general fund of the Treasury: Gold certificates
issued before January 30, 1934, silver certificates issued before
July 1, 1929, Treasury notes of 1890, Federal Reserve notes issued
before the series of 1928, Federal Reserve Bank notes, and national
bank notes. The Treasury notes of 1890 have been in process of retirement since March 1900 (31 U.S.C. 411) upon receipt by the Treasury,
the Federal Reserve Bank notes since June 12, 1945 (12 U.S.C. 445 note)
and the national bank notes since December 23, 1915 (12 U.S.C. 441).
^
Retirement of the others was authorized by the Old Series Currency
Adjustment Act, approved June 30, 1961 (31 U.S.C. 912-916). The
act authorizes the Secretary of the Treasury to determine from time
to time the amount of currency of the following types which have
been destroyed or lost, and to reduce the amounts thereof on the
books of the Treasury:
Gold certificates issued before January 30,
1934; silver certificates. United States notes. Federal Reserve Bank
2/
/^
y
6/
7/
»
coin
5U
(
1J2.90
182.64
181.52
179.08
180.20
notes, and national bank notes all issued before July 1, 1929; Federal
Reserve notes issued prior to the series of 1928; and Treasury notes
of 1890. Accordingly, the Secretary of the Treasury has determined
that the following paper currencies have been destroyed or irretrievaOn October
bly lost and so will never be presented for redemption;
20, 1961, $1 million of Treasury notes of 1890; and on August 27,
1962, t9 million of gold certificates, $15 million of silver certificates, $18 million of Federal Reserve notes, $1 million of Federal
Reserve Bank notes, and $15 million of national bank notes.
Highest amount to date.
Issued prior to January 30, 1934.
Includes $15 million issued before July 1, 1929.
Includes $18 million issued prior to the series of 1928.
Based on the Bureau of the Census estimated population. Through
fiscal 1958 the estimated population is for the conterminous United
States (that is, exclusive of Alaska, Hawaii, and the outlying areas
such as Puerto Rico, Guam, and the Virgin Islands). Beginning with
fiscal 1959 the estimates include Alaska, and with fiscal 1960, Hawaii.
Less than $500,000. r
Revised.
.
.
Treasury Bulletin
84
MONETARY STATISTICS
Table 2.- Monetary Stocks of Gold and Silver
(Dollar amounts in millions)
Silver
(»1.29+ per
Gold
($35 per
fine ounce)
End of fiscal
year or month
fine ounce)
Ratio of silver to
gold and silver in
monetary stocks
in percent)
(
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
21,677.6
21,799.1
22,622.9
21,356.2
19,704.6 1/
19,322.2
17,550.2
16,435.2
15,733.3
15,461.4
1963- December.
15,513.0
4,265.7
21.6
1964- January,
February.
March. . .
15,512.0
15,461.7
15,460.7
4,258.6
4,255.8
4,250.2
21.5
21.6
21.6
April
May
June
15,462.1
15,462.6
15,461.4
4,239.0
4,234.3
4,220.7
21.5
21.5
21.4
July
August. .
September
15,461.9
15,460.4
15,463.1
4,214.1
4,207.3
4,179.2
21.4
21.4
Source:
Circulation Statement of United States Money,
silver monetary stock see Table 4.
For detail of
1/
3,922.4
3,994.5
4,116.6
4,306.0
4,4U.l
4,394.5
4,346.5
4,317.4
4,315.2
4,220.7
See Table 3, footnote
15.3
15.5
15.4
16.8
18.3
18.5
19.9
20.8
21.5
21.4
21.3
3.
Table 3.- Gold Assets and Liabilities of the Treasury
(In millions of dollars)
End of calendar year or month
Gold assets 1/
Liabilities:
Gold certificates,
etc. 2/
Balance of gold in
Treasurer' s account
1955
1956
1957
1958
1959
I960
1961
1962
1963
21,690.4
21,949.5
22,781.0
20,534.3
19,455.9 2/
17,766.6
16,889.0
15,978.1
15,513.0
21,199.1
21,458.3
22,272.9
20,138.2
19,350.5
17,665.6
16,771.2
15,852.1
15,392.9
491.2
491.2
1964-January,
February.
March. . .
15,512.0
15,461.7
15,460.7
15,386.6
15,184.8
15,190.1
125.4
276.9
270.6
June
15,462.1
15,462.6
15,461.4
15,350.9
15,332.0
15,341.5
111.2
130.5
119.9
July
August. .
September
15,461.9
15,460.4
15,463.1
15,344.3
15,347.9
15,345.8
117.6
112.5
117.2
April
^fay
Source:
Circiilation Statement of United States Money.
1/ Treasury gold stock; does not Include gold in Exchange Stabilization
Fund.
See "International Financial Statistics," Table 1.
CoD^rises (1) gold certificates held by the public and in Federal
2/
Reserve Banks; (2) gold certificate credits in (a) the gold
certificate fond - Board of Governors, Federal Reserve System, and
(b) the redeoptlon fund - Federal Reserve notes; and (3) reserve
2/
508.1
396.1
105.4
101.0
117.8
126.0
120.1
of $156.0 million against United States notes and through June 30,
1961, Treasury notes of 1890.
The United States payment of the $343.8 million increase in its
gold subscription to the International Monetary Fund, authorized
by the act approvaa June 17, 1959 (22 U.S.C. 286e) was made on
June 23, 1959 (see "Administrative Budget Receipts and Expenditures,"
Table 3, footnote 13).
November 1964
85
MONETARY STATISTICS.
Table 4.- Components of Silver Monetary Stock
(In millions of dollars)
Silver held in Treasury-
End of calendar
year or month
Securing silver certificates^
Silver
bullion 2/
Silver
dollars
Subsidiary
coin 2/
2,19i.i
2,208.9
2,212.9
2,2A5.0
2,251.4
2,252.1
2,237.5
2,139.1
1,981.5
253.5
236.3
219.0
202.7
182.3
161.2
130.1
94.0
28.5
15.7
2.3
8.2
17.9
63.0
92.3
U.9
U8.3
3.2
2.6
3.6
3.4
3.7
February.
March. . .
1,970.5
1,948.3
1,923.9
27.8
24.3
April.
May...
June.
1,894.1
1,871.6
1,846.8
July
August. ..
September.
1,819.1
1,788.0
1,734.4
1955
11956
U957
1958
I1959
|l960
!l96l
1962
1963
1964- January.
.
1/
2/
Silver
bullion 4/
Silver outside
Treasury
Silver
dollars 1/
Subsidiary
coin 2/
Total
silver
at $1.29+
per fine
ounce
127.4
88.2
24.2
29.7
18.0
235.4
252.2
269.3
285.4
305.5
326.5
357.3
392.5
456.3
1,283.2
1,338.2
1,402.6
1,446.2
1,513.4
1,576.0
1,650.5
1,756.0
1,887.2
3,930.1
4,064.1
4,185
4,362
4,382
4,375
4,308
4,318
4,265
3.0
14.6
15.6
17.0
14.7
19.6
19.2
457.0
460.5
481.8
1,889,
1,904,
1,923.
4,258.6
4,255.8
4,250.2
2.9
2.9
2.9
12.8
13.7
3.9
17.6
11.6
481.8
481.8
481.8
1,949.
1,970.
1,995.
4,239.0
4,234.3
4,220.7
2.9
2.9
2.9
5.8
19.0
19.2
18.9
481.8
481.8
481.8
2,008.
2,032.
2,056.
4,2U.l
Circulation Statement of United States Money; Office of the
Treasurer of the United States.
Valued at $1.29+ per fine ounce.
Includes silver held by certain agencies of the Federal Government.
ilSource:
j
In Treasurer' s account
U.9
7.4
11.3
2/
4/
4,207.3
4,179.2
Valued at $1.38+ per fine ounce.
Includes bullion at cost, bullion valued at $1.29+ per fine ounce
held for ciinage, and bullion valued at $1.38+ per fine ounce held
for recoinage of subsidiary silver coins.
6
.,
..
Treasury Bulletin
86
.MONETARY STATISTICS.
Table 5.- Seigniorage
(Cumulative from January 1, 1935 - in millions of dollars)
Sources of seigniorage on silver bullion revalued 1/
End of calendar
year or month
1935
1936
1937
1938
1939
19iO
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
-.
...
1964-January,
February ,
March
.
.
.
April
May
June p
July p
August p
September
October p.
.
p.
.
Seigniorage
on coins
(silver and
minor) 2/
Misc. silver
(incl. silver
13.5
46.1
63.7
69.5
91.7
122.2
182.1
245.7
299.6
362.3
429.5
491.9
520.5
559.2
578.7
596.6
642.3
694.2
742.2
792.9
807.0
839.6
890.3
932.0
981.6
1,038.5
1,101.7
1,146.9
1,198.9
48.7
48.7
43.7
43.7
48.7
48.7
48.7
43.7
48.7
48.7
43.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
43.7
43.7
43.7
48.7
48.7
48.7
48.7
1,208.4
1,214.3
1,219.8
Newly rained silver 2/
Silver Purchase Act
of June 19,
1934 2/
Nationalized
silver
Proclamation
(Proc. of
Aug. 9, 193-;)
of Dec. 21,
1933
226.2
302.7
366.7
457.7
530.7
562.7
580.4
584.3
584.3
584.3
701.6
832.1
832.1
832.2
333.6
333.7
333.7
833.7
833.7
833.7
833.7
833.7
833.7
833.7
833.7
833.7
833.7
833.7
833.7
34.5
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
16.8
36.0
58.0
74.9
87.3
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
37.6
87.6
87.6
87.6
87.6
43.7
43.7
48.7
833.7
833.7
333.7
34-7
34.7
34.7
1,224.6
1,230.2
1,236.4
48.7
48.7
48.7
833.7
833.7
833.7
1,239.8
1,245.2
1,251.8
48-7
48.7
48.7
1,258.8
48.7
bullion held
June U, 193^)
Acts of
Juiy 6, 1939 and
July 31, 19i6 2/
Total
seigniorage
on silver
revalued 2/
Potential
seigniorage
silver bullio,
at cost in
Treasurer's
account
^
4.2
25.7
43.3
63.6
65.3
65.4
65.5
66.5
74.5
84.6
93.5
104.7
114.6
125.4
134.7
143.8
150.8
155.2
156.4
166.0
167.9
167.9
167.9
167.9
167.9
326.2
422.1
503.1
616.0
705.6
759.4
799.7
818.9
820.6
820.7
938.1
1,069.6
1,077.6
1,087.8
1,093.1
1,109.3
1,119.2
1,130.0
1,139.3
1,148.4
1,155.4
1,159.8
1,161.0
1,170.6
1,172.5
1,172.5
1,172.5
1,172.5
1,172.5
758.8
950.6
1,055.8
1,089.0
1,048.2
967.3
717.3
333.2
161.2
146.8
129.9
127.2
111.7
81.9
57.2
34.9
6.6
14.3
50.0
72.9
114.0
98.3
70.8
12.6
17.3
13.8
87.6
87.6
87.6
167.9
167.9
167.9
1,172.5
1,172.5
1,172.5
8.6
7.6
7.6
34.7
34.7
34.7
87.6
87.6
87.6
167.9
167.9
167.9
1,172.5
1,172.5
1,172.5
7.6
7.6
7.5
833.7
833.7
833.7
34.7
34.7
34.7
87.6
87.6
87.6
167.9
167.9
167.9
1,172.5
1,172.5
1,172.5
7.6
7.5
7.5
833.7
34.7
87.6
167.9
1,172.5
7.5
Source: Bureau of Accounts.
1/ These items represent the difference between the cost value and the
monetary value of silver bullion revalued and held to secure silver
certificates.
2/ Total of seigniorage on coins and on newly mined silver, beginning
with that for July 1959, is included under coins; the breakdown is
not available after June 1959.
2/
^/
p
274.9
397.5
5a.
An act approved June 4, 1963 (77 Stat. 54) repealed the Silver
Purchase Act of 1934, the silver purchase provisions of the act of
July 6, 1939, and the act of July 31, 1946.
The figures in this column are not cumulative; as the amount of
bullion held changes, the potential seigniorage thereon changes.
Preliminary.
November 1964
87
.lOTERNATIONAL FINAJ^CIAL STATISTICS.
Table 1.- U. S. Gold Stock, and Holdings of Convertible Foreign
Currencies by U. S. Monetary Authorities
(
In millions of dollars)
Gold stock 1/
Total gold stock
and foreign currency
holdings.
Treasury
22,091
21,793
21,753
22,058
22,857
22,030
21,713
21,690
21,949
22,781
22,091
21,793
21,753
22,058
22,857
1958
1959
I960
1961
1962
20,582
19,507
17,804
17,063
16,156
20,534
19,456
17,767
16,889
15,978
20,582
19,507
17,804
16,947
16,057
116
99
1963
15,808
15,513
15,596
212
1963-October..
November.
December.
15,910
15,780
15,808
15,583
15,582
15,513
15,640
15,609
15, 596
270
171
212
196i- January. .
February.
15,847
15,865
15,991
15,991
15,946
15,805
15,512
15,462
15,461
15,462
15,463
15,461
15,540
15,518
15,551
15,727
15,693
15,623
307
347
440
264
253
182
15,840
15,890
15,870
15,702
15,462
15,460
15,463
15,462
15,629
15,657
15,643
15,606
211
233
227
End of calendar
year or month
1953
1954
1955
1956
1957
,
hfarch....,
April, ...
May
June
July
August. .
September,
October p,
,
The United States also has certain drawing rights on the International Monetary Fund, in which the United States has a quota of
In accordance with Fund policies, these drawing
$4,125 million.
rights include the right to draw virtually automatically an amount
equal to the sum of the United States gold subscription to the Fund
($1,031.2 million) less net U.S. drawings from the Fund and the Fund's
net operational receipts in U.S. dollars.
On October 31, 1964, the net
balance of these three amounts was $683.5 million. Under appropriate
circumstances the United States could draw an additional amount equal
to the United States quota.
Includes gold sold to the United States by the International Monetary
Note:
1/
2/
2/
p
Foreign
currency
holdings
Total 2/
^
96
Fund with the right of repurchase, the proceeds of which are invested
by the Fund in U.S. Government securities; as of October 31, 1964,
this amounted to $800 million. Of this amount, the United States purchased $200 million in 1956, $300 million in 1959, and $300 million in
1960.
Includes gold in Exchange Stabilization Fund, which is not included in
Treasury gold figures shown in "Circulation Statement of United States
Money." See "Monetary Statistics," Table 3.
Includes holdings of Treasury and Federal Reserve System.
Preliminary.
Table 2.- U. S. Treasury Nonmarketable Notes and Bonds
Issued to Official Institutions of Foreign Countries
Amount outstanding
End of calendar
year or month
Payable in dollars
Payable in foreign currencies
Total
Austria
Belgium
Italy
Germany
Switzerland
•
Total
Italy
Sweden
(In millions of dollars)
(Dollar equivalent, in millions)
50
30
275
200
200
705.
25
25
730
50
30
30
30
275
275
275
200
200
200
175
175
175
163
163
163
125
125
125
13
13
13
25
25
25
February.
March
730
730
680
50
50
50
30
30
30
275
275
275
200
200
150
175
175
175
160
160
158
125
125
125
10
10
25
25
25
April
Mky
June
732
802
802
50
50
50
30
30
30
477
477
477
175
245 1/
245 1/
158
158
152
125
125
125
25
25
25
July
August...
September,
953
1,005
1,005
50
50
50
30
30
30
628
628
628
245 1/
297 1/
297 1/
152
152
354
125
125
329 2/
25
25
25
October..,
1,086
50
30
679
327 1/
354
329 2/
25
1962
1963
251
730
1963-October...
November .
December,
705
1964- January.
.
Note:
1/
Canada
For conqalete information on U. S. Treasury securities (nonmarketable) issued to official institutions of foreign countries, see "Public
Debt Operations," Tables 8 and 9.
Includes the equivalent of $70 million payable in Swiss francs to
2/
51
175
163
125
13
25
the Bank for International Settlements.
Includes $334 million of nonmarketable bonds issued to the Government
of Canada in connection with transactions under the Columbia River
treaty.
68
Treasury Bulletin^
.
lOTERNATIONAL FINANCIAL STATISTICS-
Table 3. - U. S. Net Monetary Gold Transactions
with Foreign Count rlee and International and Regional Organizations
(In millions of dollars at $35 per fine troy ounce; negative figures represent net sales by the United States; positive figures, net purchases)
November 1964
89
.ir/TERNATIONAL FINANCIAL STATISTICS.
Table 4.- Estimated Gold Reserves and Dollar Holdings of Foreign Countries
and International Institutions i/
(position at end of period in millions of dollars)
1962
1963
December
Area and country
;
Gold and
shortterm
dollars
Western Europe;
Austria, ......
Belgium
Denmark
Finland
France
Germany, Fed. Republic of.
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Other 3/
Total Western Europe.
Government
bonds
and notes
U.S.
7B3
98
13i
3,7AA
6,AD9
196
3,627
1,829
16
155
632
623
671
3,575
165
A, 191
5^2
87
4,057
Gold and
shortterm
dollars
81i
l,5<i2
2
3
ernment
shortbonds
terra
and notes dollars
2
1
111
131
15
»
3
b,i,62
3
251
1
1
1
93
83
3,422
1,897
165
625
736
699
3,^20
1
2
137
1
1
73
83
Government
bonds
and notes
903
1,678
147
134
4,510
6,634
258
3,540
1,910
158
646
U.S. Government
bonds and notes 2/
Gold and
shortterm
On basis of On basis of
dollars i960 survey 1963 survey
15
901
1,791
192
13
14
*
160
«
1
3
3
6
3
1
«
K
1
4,653
6,884
265
3,146
1,961
164
638
778
123
82
2
1
3
«
1
2
133
1
751
616
3,325
March
December
U.S. Gov- Gold and U.S.
l,ftl7
3
1
»
1
2
591
133
83
129
75
361
49
328
46
1
1
1
2
4
131
126
«
1/16
4,354
497
298
48
502
50
3,726
136
3,967
430
29,888
668
30,093
729
30,433
779
741
3,929
644
3,882
3,805
686
687
453
453
360
329
176
216
14
759
117
198
263
933
376
136
48
339
«
123
4,253
312
Gold and
shortterm
dollars
911
1,782
198
176
4,709
6,811
239
2,927
1,898
135
689
807
610
3,528
135
4,245
620
2
370
28,916
Canada
196^
September
*
June
U.S. Gov- Gold and U.S. Government
shorternment
term
bonds
bonds
and notes dollars and notes
4
131
902
1,832
228
167
5,003
6,616
224
3,039
1,823
188
131
«
687
«
2
839
615
14
1
7
1
tt
1
130
77
14
1
7
1
1
5
2
130
77
380
49
3,737
129
4,153
575
30,420
800
30,757
822
3,555
686
3,674
636
«
»
402
4S
Latin American Republics:
Argentina
Brazil
271
393
348
172
243
15
633
111
429
178
205
16
626
98
152
231
506
336
Chile
Colombia
Cuba
Mexico
Panama, Republic of
Peru
Uruguay
Venezuela
Other
Total Latin Ajnerican
Republics
168
262
905
398
12
231
12
308
129
215
284
3,703
12
1,U7
45
295
76
2,613
223
480
1,551
40
486
1,544
4,958
50
5,238
49
5,310
4,063
11
817
105
277
1,017
463
276
1,057
487
14
4,132
4,203
311
86
2
10
12
227
238
11
837
91
230
992
424
3,865
13
3,398
424
295
452
329
181
244
271
Asia;
288
72
2,499
215
437
India
Indonesia
Japan
Philippines
Thailand
Other
Total Asia
Africa:
South Africa
Oniteo Arab Republic
(Egypt)
Other Africa 4/
Total Africa
V
Other countries;
Australia
Other 4/
y
Total other countries....
Total foreign countries.
.
.
International and regional 6/
Grand total
540
636
188
373
191
355
42
41
51
5,516
51
47
5,735
92
2,758
683
186
10
10
331
671
670
183
291
198
234
1,152
1,101
10
1,182
10
1,200
10
1,150
337
237
29
360
355
30
348
326
28
333
314
30
624
29
715
30
674
28
702
43,054
1,199
44,655
1,413
45,024.
1,530
1,163
2,693
911
7,086
1,065
7,093
2,110
51,741
2,478
52,117
1/ "Gold and short-term dollars" represent reported and estimated official
gold reserves, and official and private short-term dollar holdings
reported by banks in the U.S.; data exclude nonnegotiable, noninterestbearine special U.S. notes held by the Inter-American Development
Bank and the International Development Association,
"U. S. Government
bonds and notes" represent estimated official and private holdings of
U. S. Government securities with an original maturity of more than one
year, except for nonmarketable U. S. Treasury notes, foreign series,
and U. S. Treasxiry bonds, foreign currency series, which are excluded.
Gold reserves of U.S.S.R. , other Eastern European countries, and China
Mainland are excluded.
For explanation of the two series, see "Capital Movements," Section II,
Table 9.
3/ Includes holdings of other Western European countries, the Bank for
International Settlements and the European Fund, gold to be distributed
^
42
237
486
1,645
302
90
2,750
232
513
1,348
293
302
67
2,639
222
2,745
227
529
38
"44"
1,903
42
5,801
48
645
10
"To"
196
276
10
1,117
10
373
308
25
384
351
26
30
681
25
735
26
45,669
1,568
45,675
1,570
46,292
1,596
6,958
1,213
7,068
1,170
7,294
1,068
52,627
2,781
52,743
2,740
53,586
2,664
26
2,742
by the Tripartite Commission for the Restitution of Monetary Gold, and
unpublished gold reserves of certain Western European countries. The
figures Included for the gold reserves of the B. I, S, represent the
4/
y
6/
»
Banks's net gold assets,
Through December 1962, "Other Africa" and "Total Sfrica" may include
short-term dollars of some countries in the "Other" category,
Includes countries in Oceania and Eastern Europe, and Western European
dependencies in Latin America.
Includes international organizations, and Latin American and European
regional organizations, except the Bank for International Settlements
and the European Fund which are included in "Other Western Europe."
Less than $500,000.
Treasury Bulletin\
90
.INTERNATIONAL FINANCIAL STATISTICS.
Table 5.- Liabilities to Foreign Official Institutions and International
and Regional Organizations 1/
(In millions of dollars)
1964
1963
Area
Apr.
May
7,500
7,155
7,249
1,568
1,470
1,464
1,137
1,107
1,135
2,731
2,7U
2,756
Africa
15i
157
Other countries 4/
187
Total foreign countries.
^
July
Aug. p
Sept. p
7,490
7,425
7,635
7,713
1,474
1,478
1,460
1,482
1,510
1,249
1,240
1,153
1,239
1,149
1,070
2,815
2,808
2,864
2,911
2,889
2,906
2,928
156
157
151
146
137
147
140
146
169
178
175
171
173
174
179
175
157
13,650
13,^27
13,296
13,252
12,998
13,146
13,343
13,339
5,855
5,838
5,9i5
5,900
5,951
5,901
5,994
5,979
19,505
19,265
19,2il
19,152
18,949
19,047
19,337
19,318
Dec.
Jan.
Feb.
Western Europe 2/
7,867
7,602
7,531
Canada 3/
1,653
1,621
Latin American Republics
1,05a
Asia
International and regional
Grand total
Mar.
5
19,412
',524
November 1964
91
CAPITAL MOVEMENTS
Background
The data reported to and published by the Treasury
countries.
Data relating to capital movements between the United
Department exclude entirely the intercompany capital trans-
States and foreign countries have been collected since 1935,
actions of business enterprises in the United States with
pursuant to Executive Order 656O of January 15, 1934., Execu-
their own branches and subsidiaries abroad or with their for-
tive Order 10033 of February 8, 194.9, and Treasury regulations
Information on the principal types of
promulgated thereunder.
data and the principal countries is reported monthly, and is
[published monthly in the "Treasuiy Bulletin."
information is published less frequently.
Supplementary
Reports by banks,
bankers, securities brokers and dealers, and nonfinancial
business concerns in the United States are made initially to
Federal Reserve Banks, which forward consolidated figures
[the
ito
the Treasury.
These statistics are consolidated by the
iTreasury and published as promptly as possible.
The reporting forms and instructions used in the collec-
I
eign parent companies; such transactions are reported by
business firms to the Department of Commerce.
Data on the
capital transactions of -the United States Government and on
shipments and receipts of United States currency are also
excluded from the Treasury reports
Certain capital trans-
.
actions not effected through reporting institutions, such as
securities transactions carried out entirely abroad, are not
recorded in the Treasury reports.
Consolidated data on all
types of capital transactions are published by the Department
of Commerce in its regular reports on the United States
balance of payments.
The liabilities data exclude nonnegotiable, noninterest-
Jtion of the statistics have been revised a number of times.
|The most recent revision became effective with reports covering
bearing special notes of the United States held by the Inter-
detailed description of the
American Development Bank and the International Development
4data as of May 31, 1963.1/
A
s
[content of the statistics, including the changes instituted,
Association.
"•appeared in the July 1963 issue of the "Treasury Bulletin,"
The data on securities transactions and on foreign
As a result of changes in presentation intro-
holdings of U.S. Government bonds and notes exclude non-
jduced in that issue, not all breakdowns previously published
marketable U.S. Treasury notes, foreign series, and non-
.,.
pages 79-81.
,will
be exactly comparable to those now presented.
marketable U.S. Treasury bonds, foreign currency series
li
(see "International Financial Statistics" section, Table
Basic definitions
j
The term "foreigner" as used in the Treasury reports
I
joovers
all institutions and individuals domiciled outside
2).
Presentation of statistics
Data collected monthly on the Treasuiy Foreign Exchange
jthe United States, including United States citizens domiciled
labroad and the foreign subsidiaries and offices of United
Forms are published in the "Treasury Bulletin" in three
IStates banks and business concerns; the central governments,
sections.
Section
I
provides a summary of the principal data
II
jcentral banks, and other official institutions of foreign
by period; Section II presents data by country and by period;
countries, wherever located; and international and regional
and Section III shows detailed breakdowns of the latest avail-
torganizations, wherever located.
able preliminary data.
Il
Section IV presents supplementary data in four tables
In general, data are reported opposite the foreign
country or geographical area in which the foreigner is domi-
Table
I,
short-
Data pertaining to branches or agencies of foreign
term foreign liabilities and claims reported by nonfinancial
official institutions are reported opposite the country to
concerns, is published quarterly in the February, May, August,
which the official institution belongs. Data pertaining to
and Novanber issues of the Bulletin.
international and regional organizations are reported opposite
3), foreign credit and debit balances in brokerage accounts,
the classification "International," "European regional," or
appears semiannually in the March and September issues.
ciled.
Table 2 (formerly Table
Table
(formerly Table 4), short-term banking liabilities to
"Latin American regional," as appropriate, except for the
3
Bank for International Settlements and the European Fund,
foreigners in countries and areas not regularly reported
which are included in the classification "Other Western
i
which appear less frequently than monthly.
Europe
"Short-term" refers to obligations payable on demand
or having an original
separately
,
heretofore has been presented annually in the
March issue, but beginning with the August 1963 issue is
."
maturity of one year or less, without
deduction of any offsets
.
"Long-term" refers to obligations
published twice a year, covering data as of April 30 and
December 31.
Table 4 (formerly Table 5), purchases and sales
of long-term securities by foreigners
during the preceding
having an original maturity of more than one year, and in-
calendar year, appears annually in the April issue. The former
cludes securities having no contractual maturity.
Table
Exclusions
eign countries and international institutions, is now pub-
The data published herein do not cover all types of
capital movements between the United States and foreign
1/
2,
estimated gold reserves and dollar holdings
Jf
for-
lished monthly in the "International Financial Statistics"
section.
Copies of the reporting forms and instructions may be obtained from the Office of Balance of Payments, Office of International Affairs,
Treasury Department, Washington, D. C. 20220 or from Federal Reserve Banks.
.
6
.
V
3
7
Treasury BulletL
92
CAPITAL MOVBAENTS.
Section I - Summary by Periods
Table !•- Net Movements of Banking Funds and Transactions in Long-Term Securities with Foreigners
(In millions of dollars; negative figures indicate
a
:
net outflow of capital from the United Stages)
Analysis of net movement
Changes in liabilities to foreigners
Calendar year
or month
Net
movement
Total
-767.6
261.8
280.9
164.5
1,576.3
-387.7
1,225.2
1,278.1
521.9
945.0
416.4
-940.5
-903.6
3,338.5
479.8
-404.8
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964-January-Sept.p
1963-September
October
November
December
1964 -January
February
March
April
May
June
July
August p
September p.
Note:
X/
2/
2/
.
.
Short- terra
banking
funds
-752.1
550.3
405.7
-25.1
1,971.5
73.3
1,560.0
1,090.5
1,420.3
1,367.4
1,493.2
369.6
-418.4
636.2
601.5
-100.0
1,026.8
657.4
1,243.9
1,102.4
1,270.2
682.1
1,338.4
989.8
4,353.2
2,268.0
1,909.2
1,000.8
3,229.6
1,882.9
305.4
1,82.^.9
-851. 5r
1,858.9
1,108.0
2,486.0
919.0
1,430.9
102.3
411.9
134.4
-490.4
-U5.6
U1.1
323.7
36.3
-1,120.4r A/
188.2
420.0
267.2
-485.9
219.1
1,178.-'
5.6r
-211.5r
196.3
184.
-7.1
-459. 8r
205. 9r
-228. 2r
-393. Or
625.1
180.3
-245.8
-3.0
-214.4
-170.0
Changes in claims on foreigners
Transactions
U5.6
429.1
6.1
-40.4
563.8
-51.7
-10.3
497.9
278.5
380.0
5.2
125.1
Long-term
banking
funds
3.2
-3.6
-0.3
0.3
0.2
1.1
-0.4
0.8
0.1
-1.5
8.7
-8.3
-0.8
6.7
-5.2
5.1
02.1
98.2
-1.2
11.0
-2.9
6.5
4.0
0.4
30.5
40.6
8.7
1.9
18.8
-1.5
-5.2
Data below the line include changes in liabilities and claims reported by a number of banks included in the series beginning
December 31, 1961.
For an explanation of statistical presentation and exclusions, see
headnote on page 91
Through 1949, transactions in U. S. Government bonds and notes include transactions in domestic corporate bonds.
Change in long-term banking funds during May 1963 reflects the
U.S. Gov't,
bonds
and
notes 2/
in;
Other
domestic
securities
2/
-269.7
61.5
-47.9
96.4
942.1
-683.0
302.3
-82.0
8.2
529.0
-135.0
-52.1
36.3
688.9
126.6
512.2
-64.5
-150.6
-728.0
670.9
-273.2
83.3
8.0
104.7
-25.0
59.8
206.9
-5.1
29.6
-26.8
-4.5
-82.9
11.6
-16.5
-97.8
-80.8
jy
p
r
-1U.3
-21.2
2.3
98.7
12.7
70.5
la.i
156.2
291.3
193.9
-39.0
435.5
251.8
223.5
-147.
3.8
-10.9
31.0
23.0
12.8
-34.1
-35.1
-19.6
16.4
16.6
-68.2
-2.2
-33.9
Total
Short-term
banking
funds
-15.5
-288.5
-124.8
189.6
-395.2
-461.0
-334.8
187.6
-398.4
-422.4
-1,076.8
-1,310.1
-1,893.4
-1,014.7
-1,788.2
-2,314.0
-1,517.5
-2,710.4r2/i/
-1,554.2
-47.1
-96.3
-230.9
-634.51-
-190.7r
-204. 4r
-214. Or
-239. 7r
-176. 5r
-382. 7r
127.2
-98.2
-175.2
-315.5
-240.7
-69.8
190.8
-76.2
-70.5
-80.3
144.2
-482.0
-162.0
-397.2
-253.7
-342.6
-82.0
-990.2
-1,148.2
Long- terra
banking
funds
39.8
-29.0
-173.6
-13.5
-36.6
115.6
-116.0
-230.0
-168.5
-334.3
-188.3
-183.0
-153.3
-335.4
-126.6
-854.6
-537.7
-40.4
0.7
-72.0
-431.4
-182.7r
-106.9r
-107.8r
-125. Or
-63. 9r
-340. 1r
170.5
-50.8
-23.7
-43.0
-48.7
-139.5
-29.6
-21.4
-14.9r
-56.8
-71.5
-112.3
securities
265.1
39.0
-94.8
27.8
-145.4
-377
-217
-72
-300
-30
34.9
-86.8
-343.0
-811.6r
-830.4
-23.2
-132.8
-168.9
-215.5r
Transactionijj
in foreign
-511.1
-722.1
-1,362.5
-74).
-6U.7
-830.4
-1,047.9
-1,044.2
-186.1
16.5
35.8
V
10.0
12.4
35.0
-48.8
33.3
-85.1
-91.2
-27.7
13.5
24.1
-39.2
inclusion of $85.6 million of long-terra claims previously held but
first reported as of May 31, 1963.
Change in long-term banking funds during December 1963 reflects the
Inclusion of $193.2 million of long-term clairas reported by banks for
the firpt time as of December 31, 1963, representing in part claims
previously held by banks but not reported,
Preliminary,
Revised.
November 1964
93
CAPITAL MOVBAENTS,
Section I - Summary by Periods
2.Banking
Table
Liabilities to and Clalus on Foreigners
i/
(Position at end of period in millions of dollars)
Short-term liabilities to foreigners
End of calendar
year or month
i
!!
Total
shortterm
liabilities
Payable in dollars
Foreign countries
Official
institutions
4,179.0
3,043.7
Foreign
banks
Other
foreigners
134.1 6/
69.4
103.2
144.8
129.5
134.1 6/
54.8
65.8
62.9
69.4
5,457.7
5,590.4
5,759.4
5,974.9r
176.8
153.4
200.7
186.0
839.6
851.8
960.8
954.9
3,001.6
3,069.4
3,110.1
3,147.7
3,106.3
3,131.2
3,128.9
3,157.7
3,213.0
4,668.5
4,775.7
4,730.6
4,779.9
4,832.9
4,925.8
4,910.2
4,917.3
5,065.9
130.6
73.4
73.
125.1
112.1
104.3
116.7
lU.9r
117.6
153.6
123.4
155.5
123.1
174.3
124.2 b/ 172.9
167.7
131.7
6,157.6r
6,264.5r
6,372.3r
6,497.3r
6,56l.2r
191.5
175.7
161.8
152.4
140.0
167.8
167.9
150.2
158.6
1,037.2
1,089.7
12,392.3
12,312.2
12,363.5
12,436.9
5,681.1
6,138.1
6,247.2
5,683.5
1964- January
26,122.3
26,119.2
25,904.8
26,334.0
26,340.0
26,299.7
26,863.5
27,243.4
27,368.6
12,187.0
12,029.1r
11,984.7
11,728.1
11,876.3
12,072.0
12,090.8
12,279.2
12,316.3
6,134.6
6,119.8
5,967.3
6,561.6
6,407.0
6,047.4
6,610.4
6,765.1
6,621.6
.
Ifey
June
July
August p . . .
September p.
2/
4/
6/
100.3
319.6
292.9
361.2
222.7
4,779.7
4,755.9
4,667.7
4,637.1
25,881.7
26,293.7
26,428.0
25,937.6
.
Foreign
banks
2,920.5
2,942.7
3,020.2
3,046.2
1963-September.
October.
November.
December,
February.
March
April
Official
institutions
4,637.1
2/
2/
2,064.0
2,528.2
2,569.3
2,529.3
2,530.4
2,943.1
3,362.9 4/
3,413.0 4/
3,460.5
4,601.1
4,704.8
5.299.5
5,380.4
5,251.0
5,6e3.5
.
foreign
currencies
Payable in dollars
473.7
2,262.0
1,864.3
1,657.8
1,527.8
1,641.1
1,534.9
1,629.4
1,769.9
1,331.1
1,452.1
1,517.3
1,544.0
3,158.1
4,011.3
3.751 .7
3,751.7
5,U4.5
For exclusions see headnote on page 91.
Included with "Other foreigners,"
Included with "Other claims."
Beginning in August 1956 and also in April 1957, certain accounts previously classified as "Foreign banks" are included with "Official
institutions ,"
Differs from 1961 end-year data on the preceding line by inclusion of
liabilities and claims reported by a number of banks included in the
series beginning December 31, 1961.
Includes reported liabilities to foreign official institutions begin-
25.5
40.6
49.7
70.4
51.0
.9
1.4
4.6
1.0
.7
U.9
1.0
1.2
2.3
1.3
2.7
2.3
1.2
9.9
1.6
72.2
61.4
43.7
43.2
40.3
48.3
59.0
59.4
77.2
.8
113.1
7/
8/
p
6,901. 3r
6,730.8
6,781.6
6,805.3
Payable
Loans to
7.5
2.2
2.2
7.3
2,836
2,907
3,615
3,547
4,654
5,666
6,770
6,952.8
8,045.4
7,916.6
3,664.9
9,154.3
10,212.3
10,893.2
10,893.3
11,915.3
12,436.9
2,678.5
2,922.2
2,972.8
2,947.1
3,001.5
1,392.5
1,513.0
1,675.3
1,779.1
1,805.1
1,783.5
2,029.8
2,252.3
2,430.4
2,393.1
2,229.6
2,355.5
2,356.9
2,564.4
3,046.2
1,831
in
150.4 iZ.
150.4 6/
143.4 6/
6,883.1
6,480.3
7,116.4
7,713.0
7,613.0
3,644.8
9,302.2
10,546.1
11,648.4
12,913.6
13,600.7
14,939.1
15,158.3
16,159.1
19,388.7
21,271.6
22.450.3
22, 532 .T"
25,018.6
25,937.6
2/
Payable
International
and
regional
392.8
708.3
948.9
1,018.7
827.9
898.0
968.4
1,048.7
904.5
1,386.5
1,548.5
1,945.7
2,199.4
2,542.0
2,624.0
3,614.2
4.762.3
4,820.3
5,163.2
5,974.9r
1945.
1946.
1947.
1948.
1949.
1950.
1951.
1952.
1953.
1954.
1955.
1956.
1957.
1958.
1959.
i960.
1961.
1961 5/.
1962....
1963....
K
2/
Short-term claims on foreigners
Total
longTotal
term
shortliabilterm
ities
claims
73
151.1
86
87
85
243.0
160.9
176.6
241.9
400.7
350.9
290.3
328.5
328.5
358.9
186.0
177.2
122.9
156.5
206.5
328.1
405.4
385.5
439.4
497.6
524.3
699.4
709.2
952.6
954.9
1,086. 5i
l,107.6j
1,138.4:
1,143.5
1,151.9
1,176.3
1,307.5
in
Other
foreigners
Other
claims
245.0
2/
290.5
2/
490.6
2/
557.1
2/
494.3
2/
328.7
104.2
109.3
503.4
131.7
627.9
109.8
451.5
142.0
584.1
660.0
235.6
383.3
330.4
303.0 1,121.6
427.5 1,076.7
460.1
1,098.2
482.1
1,337.8
617.6 2.531.1
"522". 4
2,573.9
641.3 2,652.9
773.9 3,429. 4r
722.3
726.9
756.6
773.9
3,1U.4
3,164.1
3,202.5
3,429.4r
484. 2r
3 564. Or
3 ,658.8r
838. Ir 3 ,689.8r
4r
865.
3 ,682.1r
884. 7r 3 ,896.9r
917.4 3 ,805.4
9U.8 3 ,818.7
947.9 3 ,817.3
795.8
790.9
303.1
3
foreign
currencies
47.5
98.1
165.4
100.4
110.3
240.6
91.8
73.4
101.6
211.0
163.9
149.6
I47.3
197.7
217.2
479.6
535.6
536.3
557.1
630. 8r
604.5
694.2
638.7
630. 8r
648. 9r
644. Ir
662. 2r
709. 4r
735. 3r
808. 4r
688.2
691.6
674.1
Total
longterm
claims
175.6
140.7
227.5
187.7
216.7
390.4
403.9
ao.5
324.9
U0.9
670.9
839.4
1,173.8
1,362.1
1,545.1
1,698.4
2.033.8
2,033.8
2,160.4
3,015.0 T/S^
2,512.3
2,511.6
2,583.6
3,015.0
3,058.0
3,106.6
3,246.2
3,275.7
3,297.1
3,312.0r
3,368.7
3,440.3
3,552.5
ning October 1961. Figures for selected dates are as follows:
end^1961, $^6.3 million; end 1962, $^7.9 million; June 1963, $25.5
million; December and end 1963, $30.1 million; August 196ii, $30.1
million.
Includes claims previously held but first reported as of May 31, 1963;
as of that date such claims amounted to $85.6 million,
Includes claims amounting to $193.2 million reported by banks for the
first time as of December 31, 1%3, representing in part claims
previously held by banks but not reported,
Revised
r
Preliminary
,
.
.
1
1
.
.
Treasury Balletin\
94
CAPITAL MOVQffiNTS
Section I - Summary by Per lode
Table 3.- Purchases and Sales of Long-Term Domestic Securities by Foreigners
1/
(In millions of dollars; negative flgi'res indicate a net outflow of capital from the United States)
U.S. Government bonds and notes 2/
Corporate and other
Net purchases
Calendar yi.ar or month
Purchases
Foreign countries
Sales
Official
^9i.0..
414.5
1947..
1948..
1949..
1950..
1951..
1952..
1953..
1954..
1955..
1956..
1957..
1958..
1959..
1960.
1961..
1962..
1963..
3U.8
1964-January-September p
1963-September
October.
November
December,
1964-January
Febnaary.
March
April
May
June
July
August p
September p.
.
.
1/
2/
533.7
646.0
800.9
1,341.1
883.4
666.1
1,223.9
1,216.9
1,729.6
1,743.7
1,779.9
1,867.1
688,
126,
512,
-728,
670,
1,001.6
1,274.6
-273.2
-5.2
171.0
35.0
193.5
7.5
87.7
26.9
88.8
32.4
83.3
8.0
104.7
-25.0
81.9
14.1
66.4
71.5
77.8
45.2
27.0
304.2
9.3
525.0
117.4
97.2
-5.1
29.6
-26.8
-4.5
-82.9
11.6
-16.5
-97.8
-80.8
.
137.
.
18.
22.
221.
20.
508.5
19.7
16.4
.
y
y
y
y
y
y
y
108.3
120.0
200.1
212.8
289.7
324.7
287.1
310.2
361.4
368.8
442.4
316.9
307.7
255.7
141.6
188.5
197.4
283.6
296.0
251.8
258.9
344.0
296.2
392.3
416.
359.0
246.4
-21.
26.6
-294.6
329.8
216.9
4.7
-9.0
-3.3
12.8
14.2
18.4
29.5
19.6
16.9
25.2
27.7
26.9
13.4
37.8
30.3
31.4
53.5
33.9
66.3
36.3
17.7
21.9
21.8
32.6
17.8
30.9
28.3
18.7
27.2
9
824
36,
43.4
-6.3
3.7
.1
1.1
-23.2
-40.0
For exclusions see headnote on page 91.
Through 1949, includes transactions in corporate bonds.
Net
purchases
Purchases
2/
-663
292
-96
-60.0
561.7
-204.9
117.0
-236.7
523.9
-97.9
-20.0
-206.6
369.1
-52,
International
and
regional
74.5
7.5
87.0
117.9
-19.3
9.6
14.7
68.3
-32.7
70.0
-169.1
273.0
164.9
224.5
532.2
-521.4
301.8
-269.7
-13.0
-55.4
-269.7
61.5
-47.9
96.4
942.1
-683.0
302.3
-82.0
8.2
529.0
-135.0
684.^
283.3
330.3
333.6
294.3
1,356.6
231.4
728.0
792.7
812.1
1,018.3
718.3
1,187.6
528.0
1,603.0
1,231.5
2,507.9
1,196.2
282.4
430.0
1,236.4
673.6
Other
Bonds 2/
-4.7
16.7
2.6
-26.8
-8.3
19.5
10. 5r
6.3
3.2
2.9
3.0
60.4
-14.0
-48.6
.5
.1
.1
-102.5
.1
.4
-61.0
-83.7
2/
y
y
y
y
-.6
Purchases
367.6
226.1
369.7
354.1
Sales
376.7
514.1
-64.5
-150.6
-144.3
-21.2
2.9
120.3
-334.2
-89.
-192.2
75.2
50.1
2,224.4
1,976.5
375.3
664.0
C!9.5
649.2
533.9
980.2
1,433.7
1,363.5
1,163.8
1,453.6
1,861.5
1,774.8
-99.2
-51.3
9.3
3,06' .3
2,7U.6
-56.3
362.9
201.7
322.7
2,260.2
2,724.0
2,149.1
2,526.5
111.1
197.5
141.8
-2.7
1,124.4
378.4
735.7
-668.2
877.8
112.8
2,285.2
2,545.2
-260.1
-420.5
-6.8
-2.7
-6.8
1.7
226.5
246.6
240.0
247.3
216.0
254.8
202.2
226.0
10.5
-8.2
37.8
21.2
87.0
-2.8
135.5
-2.0
9.1
-8.5
16.0
-2.3
13.6
22.6
282.0
216.8
260.9
309.8
281.1
259.7
250.5
193.4
231.0
278.3
242.4
312.0
327.0
278.3
265.7
324.3
243.3
273.9
3.7
-25.6
-51.1
-17.3
2.8
-6.0
-73.8
-49.8
-43.0
11.
15.
6.
28.
35.
51
17.
72.6
5.6
47.6
9.1
666.9
739.8
650.2
589.1
1,115.1
1,561.2
1,619.5
1,306.4
1,397.3
1.0
55.2
135.0
127.5
256.0
lz.2.6
944.4
-584.3
314.9
-11.5
149.3
685.2
156.4.
7.7
-4.5
-61.9
-24.1
-66. 5r
28.2
-84.7
-100.0
-114.7
Through 1949, included with transactions in U. S. Government bonds
and notes.
Preliminary.
p
r
Revised.
Table 4.- Purchases and Sales of Long-Term Domestic Securities by Foreigners
(In millions of dollars; negative figures indicate a net outflow of capital from the United States)
Calendar year or month
Net
purchases
Net
purchases
of
domestic
securities
November 1964
95
CAPITAL MOVEMENTS
Section II - Suminary by Countries
Table 1.- Short-Term Banking Liabilities to Foreigners
1/
(Position at end of period In millions of dollars)
Calendar year
19U
Country
1961
19 to
1962
Europe:
Austria
Belgium
Denmark
Finland
France
Germany
Gree ce
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 2/
U.S.S.R
Other Eastern Europe 2/
54.2
46.0
519.0
3,475.7
63.1
877.1
328.5
81.9
83.6
148.5
226.6
678.2
18.4
1,667.3
10.0
356.5
12.1
14.0
Total Europe
9,045.7
10,322.0
2,438.8
2,757.6
315.0
194.1
135.1
158.3
77.0
397.3
123.0
72.2
51.3
398.2
233.6
68.8
72.0
11.8
234.7
228.2
105.3
146.8
42.5
494.7
86.7
84.0
2,307.8
2,340.5
34.8
57.3
34.6
53.9
243.1
U2.0
Canada
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexi CO
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
American Republics /^
Bermuda
Antilles and Surinam. .
America J^
.
^
^
Total Latin America
255.1
326.0
52.1
90.8
988.7
2,841.6
67.2
1,234.1
216.4
105.2
99.3
153.4
406.4
874.8
25.9
2,226.6
11.6
326.4
4.8
15.7
57.0
418.0
228.0
111.0
14.9
Asia;
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
178.2
74.7
1,887.5
152.2
202.8
83.7
185.8
204.3
77.7
75.6
63.0
1,671.6
199.5
185.0
92.0
264.4
254.6
Total Asia
3,115.3
2,973.6
31.9
64.3
29.3
21.9
33.9
93.0
31.7
14.5
110.2
55.5
Africa:
Congo ( Leopoldville
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa ij
^
Total Africa 7/
Other countries:
Australia
All other ij
Total other countries 7/
International and regional:
International
European regional 2/
Latin American regional
Total international and regional 2/
Grand total
79.6
227.0
88.1
37.2
125.2
3,897.2
2/
114.6
4,011.8
21,271.6
y
1963
April
May
July
August p
September p
Treasury Bulletin
96
,
Table 2.
CAPITAL MOVMENTS
Section II - Summary by Countries
- Short-Term Banking Claims on Foreigners
1/
(Position at end of period in ndllions of dollars)
Calendar year
iQ^4
Country
1960
Europe;
Austria
Belgium
Denmark
Finland
France
2.3
65.1
13.2
9.2
32.0
81.8
6.2
3i.l
33.3
17.0
3.9
7.6
27.9
59.5
Gerioany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 2/
U.S.S.R
Other Eastern Europe 2/
i8.8
2^5.3
1I..1
10.9
^
Total Europe
Canada
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
American Republics 4/I
Bermuda
Antilles and Surinam,
America /^
^
Total Latin America
Asia;
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Africa;
Congo ( Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
Total Africa
Other countries;
Australia
All other 2/
Total other countries
^
International and regional
Grand total
7
1961
1962
19-: ^
April
May
July
August p
I
Sovemher 1964
97
.
CAPITAL MOVEMENTS
.
Section II - Summary by Countries
Table 3.- Long-Term Banking Claims on Foreigners
(Position at end of period in millions of dollars)
Calendar year
196i
Country
I960
1961
1962
1963
V
2/
April
Europe:
2.9
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
35.1
7.1
5.2
20.5
23.2
4.0
37.1
13.6
1U.6
2.7
4.5
38.8
2.2
S\d.tzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe,
D.S.S.R
Other Eastern Europe.
tl
'
3.1
12.5
69.8
65.4
11.8
10.0
12.9
24.5
80.3
13.4
31.6
101.2
57.1
53.3
41.7
38.7
135.6
16.4
160.8
7.4
26.2
46.4
164.7
4.0
1.1
5.0
201.9
26.6
.8
50.1
10.2
39.1
237.8
75.5
48.6
9.4
17.6
.1
.1
.1
15.3
1.8
7.9
10.7
25,2
45.
16.
Canada
Latin America:
Argentina
Brazil
Chile
Columbia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics 3/'
Bahamas and Bermuda
Netherlands Antilles and Surinam
Other Latin America J/ J^
.
1,1
2.9
4.8
366.6
492.9
577.6
75.5
273.9
303.6
274.9
118.4
233.7
42.5
25.7
73.4
262.8
26.7
29.6
62.0
253.1
18.5
64.3
86.2
267.1
23.4
61.6
1,100.7 g/
.9
.9
.9
.6
182.0
30.3
171.2
19.4
12.1
.4
10,1
194.9
21.5
13.3
,6
1.5
189.8
9.2
245.5
11.9
166.9
9.8
3.4
65.4
6.3
72.9
7.5
71.7
322.4
25.7
26.0
31.3
56.5
64.2
43.7
4.9
1.7
913.9
931.3
886.0
1,015.3 2/
19.4
10.2
16.4
50.8
8.4
19.1
23.7
V
V
|i
>
I
I
1
1
i
I
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
:
44.4
3.0
15.0
1.5
24.6
27.7
74.3
28.2
248.5
3.2
100.8
1.6
3.7
31.3
.9
15.6
8.2
15.7
50.1
.8
5.5
14.3
70.4
Thailand
Other Asia
Total Asia
134.1
170.1
222.1
39.7
39.3
35.0
.4
Africa :
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
Total Africa,..
Other countries ;
Australia
All other V•
i/
61.0
4.8
Total other countries 6/.
59.2
3.9
i/
i/
6/
6/
27.7
•
1/
.6
3.6
27.4
V
23.9
1.6
75.1
21.3
41.9
43.8
66.9
208.3
165.6
171.1
1,698.4
2,033.8
2,160.4
International and regional .
Grand total
443.5 2/
28.2
15.5
.1
69.1
6/
50,9
52.2
40.8
146.5
16.6
225.0
4.9
238.0
76.2
58.7
62.4
18.7
.7
2.1
4/
133.8
66.0
50,5
1,3
24.2
37
19.3
Total Europe,
Total Latin America
36.7
38.7
7.4
May
June
July
August p
September p
,
:
.
,
98
Treasury
CAPITAL MOVMENTS
Section II - Summary by Countries
Table 4.- Net Transactions In U. S. Government Bonds and Notes by Foreigners
1/
(In thousands of dollars; negative figures Indicate net sales by foreigners or a net outflow of capital from the United States)
T
Calendar year
Country
I960
Europe
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.
S.
S.
1961
-189
-349
-35,359
-1
-18,324
264
-28
-889
-4,577
1,773
-86
-62
-23,577
-31,665
6
6,392
-391
1,999
-620
-275
-59
-112
-1 ,070
-22,391
77
-220
11,807
-10,917
1963
1962
-3,193
-8,231
-14,355
-391
-1,379
188
-40
249
-1 ,473
-38,758
-16
-154
-126
-112
Total Europe
Canada
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics.,
Bahamas and Bermuda
Netherlands Antilles and Surinam.
Other Latin America
Total Latin America.
2,646
1,658
2,168
-76
-42
-70
-35,360
2,005
-131,512
-36,551
13,112
-69,449
5
-80
-135
-25
-332
-19
-1 ,071
-650
-780
662
-245
-4
12
-950
48
-236
-52
122
105
-32
201
347
-365
1,522
114
811
357
1,398
1,467
-45,783
683
2,1U
-14
1,157
39,700
-9
-35,003
-39
-476
561
-1
-26
-818
-841
301
Asia:
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
-1,561
-191
-5
-3,516
-963
-654
-4,501
Total Asia,
34,045
-36,270
-5,837
8
3
-1
3,255
500
-1,971
3,267
503
-1
Africa:
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
Total Africa
Other countries:
Australia
All other
Total other countries
International and regional:
International
European regional
Latin American regional , ,
Total international and regional.
Grand total
-lU
-11,320
-5
-1 ,000
-531
6
23
-201
4
,972
-49
-17,445
-17,494
-1
224,468
339,923
-U1,527
192,236
-79,843
224,468
532,159
-521,370
126,592
512,191
-727,989
5
-29,914
-65,319
-324
-1,258
-50
38,965
-13
15,175
154
1,077
78
89,105
415
-29
-49
-43,515
-1
-611
152
553
504
39,405
247
-19
-8,762
10
R
Other Eastern Europe,
1,985
588
-2,681
-2,050
175
79
-16
1964
through
September
52
-5
12
-39,353
2,193
74,154
1964
April
p
May
July
August p
BulletM
November 1964
99
CAPITAL MOVMENTS
,
Section II - Summary by Countries
Table 5.- Net Transactions In Long-Term Domestic Bonds,
Other Than U. S. Government Bonds and Notes, by Foreigners
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the Onlted States)
Calendar year
Country
1960
1961
1962
196i
through
Septemberj
1963
April
May
July
August p
Europe:
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
n.S.S.R
Other Eastern Europe.
-10
2,765
580
89
-246
-119
482
-635
39
-231
5,489
-218
-79
-9
23
-439
-410
-1,793
-409
-1,271
-136
14
-297
-9,394
-7,915
54
-451
-103
-3
-428
79
163
-118
209
-215
55
-5
535
157
7
105
137
133
-2,616
-78
-3,789
9,129
-24
-33
3,496
-1,304
-2,551
-504
7,320
140
269
211
-45
-1,023
1,628
585
33
2,654
2,009
378
-19
-927
-1,545
14,804
-110
-334
-1,128
11,258
-6,818
11,345
-4
7,616
3,226
-176
-4,366
782
60,045
-19,846
10,674
33,345
-39,058
9,628
-76,249
-51,845
-86
386
-214
132
917
37
-6
-9
-22
-63
121
-73
510
-607
Canada
-147
-1
-18
91
-34
236
847
997
2,026
30
-773
-757
1,737
-4
5,800
24,725
1,961
-46
32
-111
-111
3,867
11,534
18,965
9,389
-34,707
-1,633
53
583
-5,715
265
-97
34
103
2
65
217
687
-70
43
-2
108
81
5
2
74
28
29
-68
-14
-57
59
9
-13
-2
-1
19
-26
-50
528
-29
-7
-24
-23
108
22
7
-58
-292
177
-12
-28
-115
414
456
-6
9,507
11,300
-14
117,376
-336
302
1
-16
Total Europe
-361
-3
278
-179
4,582
-12
-5,719
58
204
55,766
-46
-499
-235
137,0
701
-1
-20
Latin America;
Argentina
Brazil
Chile
Colombia
56
49
1,751
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
395
-698
-1,265
-16
1,394
54
755
793
2/
10,349
417
-397
-887
2/
208
2,475
17,609
-130
-115
-56
317
52
37
1,292
58
American Republics 1/
Bermuda
Antilles and Surinam.
America 1/ 2/
Total Latin America
240
-120
-54
544
2
-542
912
1,786
1,153
407
-176
78
210
-^06
438
357
,834
34
796
5,302
-3,674
-2
-2
233
90
17
-5
57
671
6
-10
-12
-29
104
-14
194
266
-6
-18
56
904
260
723
69
-2,705
-2
1,589
-35
289
y
1
1,284
20
-148
179
93
y
1
1
12
78
10
-92
239
-5,998
203
495
-5
21
15
-5,804
1,002
705
309
326
-427
-264
147
-2
-4
-5
Asia;
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
8
352
48
33
-37
18
95
-28
4
112
4
-1
3
87
4,905
2,815
91
78'
73^
470
766
6,143
4,061
533
45
y
52
y
-2
y
82
y
4
6
-11
y
V
y
v
y
y
4/
A/
-903
9
22
-11
59
476
49
166
-9
-4
^.
-792
29
602
194
-13
International and regional:
International
European regional
Latin American regional
11,548
9,878
12,078
16,190
10,010
65_
Total Asia
Africa:
Congo (Leopoldvllle)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
Total Africa
Other countries:
Australia
All other 2/
Total other countries
Total International and regional.
Grand total
,
-1
395
55
-19
-2
-87
1,004
382
737
520
16
-5
-92
316
962
1,584
11,548
9,878
12,078
16,190
10,010
816
962
1,584
50,088
-99,227
-51,333
9,329
112,677
-2,313
13,605
22,590
September p
p
,
Treasury Bulletin
100
CAPITAL MOVatENTS
Section II - Summary by Countries
Table 6,- Net Transactions in Domestic Stocks by Foreigners
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
196i
Country
1961
I960
1962
1963
1964
through
September
April
July
May
August p
Europe:
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe...,
U.S.S.R
Other Eastern Europe l/.
195
2,245
790
-116
37,881
19,716
-259
29,219
-i,260
-399
10,820
376
121
115,048
108
-40,920
-13
2,939
3
Total Europe
173,497
-6,281
Canada
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics 2/
Bahamas and Bermuda
Netherlands Antilles and Surinam.
Other Latin America 2/ 2/
Total Latin America
Asia;
China Mainland.
580
3,141
-1,810
-427
22,587
22,711
-709
-202
-3,697
-268
-425
4,852
31,618
14,272
28,971
-668
6,538
1,559
-1,200
161,565
235
-10,940
-2,972
8,504
-898
429
Total other countries
_5/.
Total international and
regional
Grand total
-877
-14
-14
-82
-47
252,121
113,152
166,037
-327,313
-30,976
-28,969
-21,878
32,866
5,132
36,921
11,228
8,705
-641
1,793
1,735
-522
5,238
1,063
120
-1,238
2,566
742
696
-7
213
279
150
115
62
1,214
1,233
2,019
1,120
-1,673
-1,211
3,540
918
355
5,430
2,461
3,007
2,249
1,097
-136
-777
-1,300
897
347
-1,055
1,160
217
589
-3,862
117,236
-262
-40,589
-267
-25,393
459
196,896
362
9,824
378
-1,163
8,806
2,660
361
-184
-6,029
3,881
-1,290
-21,587
3,017
-789
y
y
11,962
-124
9,374
2,224
1,594
-1,715
18,064
U,409
-23,249
-2,9U
3,561
1,086
y
1,028
-1,181
1,196
924
-225
-1,236
-103
464
3,703
-486
1,394
141
-90
-6,648
17
-25,874
6
-203
3,435
-4,055
-2,050
-55
1,103
1,030
-19
40
-1,708
29
-3,715
-645
-18
-165
857
-91
1,257
-2,828
-422
-286
46
-22,889
-6
1,111
130
7
-334
-23,367
3,499
2,254
199
85
-1,094
-33,839
-10
-33,641
385
-38
-40
-22,150
-70,158
-51,570
9,281
-2,156
5,377
-333
328
124
151
221
431
448
-90
770
153
566
255
1
-452
-479
29
-434
500
185
351
59
210
704
21
349
790
2,291
149
-690
-1,184
252
-96
774
138
700
-5,656
-162
22,271
3,359
-4,308
-3,278
-1,052
-3
309
53
377
1,7U
5
2
24
-1,721
17
-45
-4
26
38
4
17
22
-5
-179
-36
9
56
-118
3,227
114
-89
472
615
-45
396
-8
-104
-679
-328
-18,279
58
12
-52
213
-61
71
-9
21
57
-2,996
-1,184
-14
3,358
43,254
27
1
367
23,646
512
334
131
2
8,639
77
738
-386
-25,376
-271
-24,191
-1,645
438
-489
-21,293
65
23
90
-1
2,369
-1,680
y
13
1,672
-1,172
-1,060
203
627
21,842
12,352
64
-728
-237
-129
128
133
61
182
27
2,607
-403
34
689
-127
154
4,921
-191
-1
780
-3,264
4,039
1,405
1,116
10,888
-100
515
103
-5
-71
147
3,345
V
709
8,652
-5,084
408
41
-182
-41
3
-66
11
87
6
114
-24
-34
-72
7
-27
68
8
6,282
-175
-253
-172
2,676
-227
2
591
2,142
7
569
-68
-69
-22
1,034
10,915
1,889
-1,263
777
2,549
2,371
-781
34
38
-1
3
-9
5
6
4/
64
768
-212
98
434
-156
10
9
-156
49
-3
60
-53
-5
-33
65
1
85
-331
-31
6
323
-37
45
202
50
-435
252
108
25
6
106
-108
-130
-30
69
19
1
y
V
y
y
y
304
800
797
1,826
636
-533
-107
-376
267
20
77
180
30
62
1,680
2,726
203
982
-109
97
210
68
2,424
2,082
4,481
5,959
-115
4,712
-14
251
231
653
223
-160
350
637
-U
2,424
4,481
5,844
4,698
251
231
639
350
637
201,736
111,130
197,549
-260,066
-17,255
2,790
-6,002
-73,795
-49,850
1/ Through A^ril 1963, includes Czechoslovakia, Poland and Rumania only.
2/ Through April 1963, "Other Latin American Republics" include only
Bolivia, Dominican Republic, Guatemala and El Salvador; data for other
Latin American republics included with "Other Latin America."
Through 1963, Bahamas and Bermuda are included with "Other Latin America.
y
-8,997
-1,208
-176
Total Asia.
International and regional:
International
European regional
Latin American regional..
-341
660
12
841
111
253
1
-1,304
28
113
-81
-69
V
597
-6
3,473
87
-40
105
504
9
181
-1,285
100
4,202
Total Africa
-832
337
3
-92
37,684
Other countries;
Australia
All other
-47
-893
-24
-11
277
12
5,718
172
8,317
( Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
2,616
-1,490
1,145
-25,689
-2,744
-365
5,970
18,217
-2,043
6,680
-296
-1,693
-152,487
-4,939
-171,950
2,169
-534
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Africa:
Congo
1,968
-10,960
-641
-891
-9,006
-8,370
-327
5,004
3,075
-1,412
15,595
V
y
p
Through 1963, "All other" countries include Morocco and "Other
Africa."
Through 1963, "Total other countries" include "Total Africa."
Preliminary.
i
November 1964
101
.CAPITAL MOVEMENTS
Table
7.-
,
Section II - Summary by Countrlep
Net Transactions in Long-Term Foreign Bonds by Foreigners
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
196i
Country
I960
19o3
1962
1961
196i
through
September
April
July
May
Europe;
Austria
Belgium
Demnark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 1/....
n. S. S. R
Other Eastern Europe 1/ 2/.
210
15,307
492
3,305
-14, 349
539
U,531
-2,156
-24,056
-981
39,485
263
-7,666
5,223
-131
-5,014
3,867
-56,627
-10,899
56,877
10,943
-1,006
-28,399
2,125
-46,623
-63
3,543
-3,037
56,514
-2,051
-10,111
-36,191
606
-37,252
-19,018
-459
9,504
30,920
-23,437
386
-7,998
-4,459
-12,460
7,989
11,190
6
-5,394
-9,700
-22,233
-3,995
485
-35,525
13,122
-2,589
-1,943
-123
4,007
-1,147
-3,155
-114
6,029
-500
4,697
-11
-5
-11
50
-42,113
-14.774
-44,018
-43,675
-209,738
-244,218
-434,047
5,639
6,884
965
4,068
-6,904
8,934
107
4,086
1,518
408
293
1,432
-6,618
Ul
5
-43,531
500
Total Europe.
'
-8,335
-13,838
24
2,572
-338
29,212
_3
28
27,579
-23,647
484
-2,704
-15,601
9,U7
59,054
119
10,267
-6
-4,795
-13
-2,460
-413
2,217
4,787
-13
1,407
-1,014
-1,008
-1,141
9
1,638
11,325
4
658
-272
-14,070
69
1,153
3,164
-1,785
-1,293
9
36
532
10,215
536
318
-2,599
71
27,953
13,303
-1,207
-744,318
-317,472
-55,326
-96,370
9,124
3,298
1,019
2,450
993
2,912
40
820
49
126
308
-15,315
-14,611
337
1,818
-139
375
86
58
-16
I
Canada.
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
-5,2U
-53,049
-30,141
5
^
American Republics
Bermuda
Antilles and Surinam.
America
Ij
^
Total Latin America
2,111
901
362
-19,622
1,470
-70
-1,933
-2,802
-174
541
2,349
56
17
71
5
-28,413
-8,325
-23
1,679
1,923
456
-12,867
-8,465
9
163
89
10
V
V
2,884
-12,638
-1,942
-11,349
-6,326
-12,168
y
2,028
2,043
-17,196
-1,774
1,631
-9,974
4
666
6
202
254
216
-70
-91
-83,224
-31,018
-34,671
-25,734
-21,918
-13,639
2,702
-2,042
12
1,046
-63
4
-49,149
-94,191
-700
-1,068
930
-52
-61,477
-130,363
931
-1,398
522
-125
-60,491
16,620
-6,007
123
-10,049
-355
315
1,000
-1,518
-4,228
-1,792
1,052
2,509
13,060
-112,330
-147,484
-177,251
6
301
-2,854
704
-447
1,574
-5,694
3,142
V
-925
50
Asia:
-2
1,660
-2
24
-48,161
1,507
China Mainland.
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines...
Taiwan
Thailand
Other Asia
1,675
613
2,812
Total Asia.
-39,874
Africa:
Congo
( Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
Total Africa
Other countries;
Australia
All other
y
Total other countries h/ ,
.
International and regional;
International
European regional 1/
Latin American regional ^,
Total international and
regional
Grand total
-16
y
5,557
-50
-55,350
-50,549
4
18
-453
-140
-3,830
y
-24,147
y
y
13,279
400
-43,
-15
13
-5,381
-10,515
-3
-6
9,435
3,296
266
48
-1
-1
-11
-4
y
^
y
y
y
y
y
y
3,552
48
-43,029
-1,8U
-15,280
-19,320
-34,383
-27,320
-22,243
5,019
10,386
1,056
1,330
604
-39,313
-58,741
-48,124
-7,789
11,442
1,934
-147,831
1/
648
-166, 347
1/
5,000
-105,270
8,597
19,332
3,382
-49,506
1,340
-49,506
-74,285
570
-147,831
648
-235,632
-96,673
-26,792
-47,596
-562,093
-460,433
-943,976
1,095,440
-367,134
-106,657
_L
August p
September p
Treasury Bulletin
102
CAPITAL MOVEMENTS
,
Section II - Summary by Countries
Table 8. - Net Transactions In Foreign Stocks by Foreigners
(In thousands of dollars;
negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
196i
Calendar year
Country
1963
196i
through
September p
1961
1962
-176
-6,946
-170
-19
-7,832
2,474
40
-251
-31,235
-36,646
-200
-4,049
-71,852
464
-28,404
i2,U7
-3,034
-495
-28,590
-12
-63,387
-39,509
-13,747
-494
3,395
-66,074
-491
285
-832
-266
-20,944
-18
4,081
-1
22 924
62
186
-377
-1,292
123
-582
I960
April
June
July
August p
Europe:
Austria
Belgium
Denmark
Finland
France
-1}
-922
-315
-21
-i,206
-17,n74
-583
-12,517
-87,906
Germariy
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe 1/
8i7
121
-23
11,889
-6,312
97
10s
10,185
-553
56
_->
-15
243
11
12
370
6,881
-202
-6,155
24,088
-2,003
6
-3o
-70
5, 902
717
-12
o67
55,375
1,155
4, -304
-4,340
4S7
40
-1,918
405
-10,316
-80
25,012
-50.,
-762
5,189
2,327
7
-628
2,975
-26
111
13
113
7,197
5,387
33
3,110
390
-59
-238
1,535
-733
1,975
-5,189
-1,611
-20.?
1
23
-17
21
14
1
-46
1,548
12
S
-81
721
195
344
-145
-846
477
238
-1,165
,987
1,793
3,454
1,063
2,448
-405
-42
-5
-1
7
-15
12
1
-587
Total Europe
-18
-75,207
246,922
-143,717
-5,381
102,742
10,341
9,-;43
9,940
9,691
4,751
Canada
13,889
-74,117
74,254
130,041
71,586
11,579
3,d89
C,247
5,776
10,731
Latin America;
Argentina
Brazil
Chile
Colombia
-2,i85
-1,020
-33i
-356
-1,684
-284
-960
-1
-5
-130
143
49
-15
-9
-2
-9
90
49
-29
39
159
48
492
244
353
d68
100
-651
-3,159
-222
-1,246
71
-7
7
13
12
37
-15
60
66
-307
-548
-7
360
-91
104
-112
-134
-142
107
-4,447
722
555
1,152
-430
-211
2,060
-25,397
48
-77
36
240
204
-193
-209
4a3
56
-44
217
89
608
-13,996
-2,449
-290
-266
82
-342
438
932
-466
77
229
-85
-136
-34
30
910
396
-657
99
159
-1,857
-62
187
-326
88
-1,294
-4, 29-i
11
14
-1
52
2^,207
-27,355
-6,077
203
-1,189
-807
165
-50
2
-U7
-1,127
-82
-486
182
-47
107
-110
146
-47
-3,676
2,028
-747
1,966
-210
884
-83
372
-67
42
-7
252
-12
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
-1,765
-180
-16
American Republics 2/
Bermuda
Antilles and Surinam.
America 2/ 3/
2/
Total Latin America
Asia;
China Mainland
Hong Kong
India
Indonesia
Israel
-13
2
y
504
1
-77
158
43
-20
265
-51
19
1,510
-4,319
-22,206
4,030
6,958
-5,411
9,012
202
-367
-210
-27
-512
198
-58
-10
550
-156
-78
396
256
35
4,984
345
-1,687
1,547
1,038
573
15
249
10
-718
-66
-2
-27
-515
Totel Asia
-753
-8,251
-27,758
-74,893
4/
4/
-19
2,978
V
-234
19
1,217
124
-2
-7
-63
-138
-86
-3
75
23
-79
-221
-95
19
-501
2,543
99
-656
2
-1
2,545
98
Total other countries
1
3
11
4
-6
^
Total international and regional..
1
4/
4/
,
5
17
2
International and regional:
International
European regional
Latin Ameri can regional
Grand total
42
7o
-47
-8
-6,697
204
-3
-60
171
-35
93
-25
-6
1,825
AS
Total Africa
2/
113
21
-7U
Other countries;
Australia
All other 4/
2/
811
8
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Africa;
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
V
-1,425
1,385
1,128
-425
172
99
V
y
y
-65
-55
-13,«)3
-121
-747
-906
2,869
-13,952
-1,640
785
643
1,056
785
643
1,056
-82,624
-369,954
-103,882
'^
1,073
65
-31
-1
1
-10
-54
285
286
1,073
Through April 1963, includes Czechoslovakia, Poland and Rumania only.
Through April 1963, "Other Latin American Republics" include only
Bolivia, Dominican Republic, Guatemala and El Salvador; other Latin
Amerlcar republics included with "Other Latin America."
Through ''^53, Bahamas and Bermuda are included with "Other Latin America.
181,004
4/
y
p
21,519
-1
270
909
1
557
51,24
-11
11,930
909
519
49
113
73
49
113
73
16,786
18,965
16,174
Through 1963, "All other" countries include Morocco and "Other
Africa."
Through 1963, "Total other countries" include "Total Africa."
Preliminary.
1
\^ovember
1964
.
'
Treasury Bulletin
104
CAPITAL MOVEMENTS,
Section III - Preliminary Details by Ck)untrles
Table 1.- Short-Term Banking LlabllifieR to Foreigners as of September 30, 1964
1/
(Position in thousands of dollars)
Short-term liabilities payable in dollars
To foreign banks and official institutions
Total
shortterm
liabilities
Country
Europe
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
U.
Total
Deposits 2/
S.
U.
Treasury
bills and
certificates
Short-tenr.
To all other foreigners
Other
Total
liabilities
payable
3.
Treasury
Deposits 3/ bills and
certificates
in
foreign
currencies
Other
:
355,168
i26,1i2
259,715
109,114
1,529,405
2,287,501
129,402
1,121,202
361,719
173,624
223,983
396,071
Canada
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
1,120,839
17,889
1,919,973
15,565
260,177
3,093
19,565
15,511
1,151,478
9,620
55,017
2,557
16,475
11,280,791
10,143,994
2,872,727
312,574
210,300
181,020
168,632
9,839
638,437
89,046
203,565
109,024
676,009
401,691
174,862
97,707
17,799
550,
Total Europe
215,748
185,716
351,855
396,517
250,232
105,611
,474,607
2,242,518
110,656
1,085,402
338,022
148,149
164,000
354,484
538,284
930,478
15,573
1,358,130
14,637
243,942
2,824
18,073
6U
1
70,800
108,886
133,500
25,800
1,051,561
1,824,515
12,500
765,973
239,295
13,632
31 ,362
74,152
262,724
255,452
43,475
282,465
86,429
75,813
161,363
274,671
120,054
306,751
76,800
386,800
203,090
65,307
101,915
85,370
5,659
160,322
152,551
54,681
36,964
12,298
58,704
2,637
3,013
31 ,430
109
420,637
62
39,088
2,217
147,842
267
1,489
3,626,833
5,124,708
1,392,453
2,618,269
1,747,605
845,857
136,170
123,442
73,051
71,425
16,724
363,822
10,029
102,012
25,111
332,407
227,633
82,362
41,237
4,360
110,787
113,279
71,289
69,623
1,031
226,865
10,017
101,607
22,796
310,419
157,117
73,991
24,313
1,736
3,290,505
1,594,592
1,294,870
35,517
76,845
60,219
28,346
134,398
2,556,575
103,386
229,939
238,223
442,322
532,511
30,051
229,750
437,600
458,822
30,050
33,861
30,135
25,359
85,457
1,599,928
101,241
174,406
181,992
182,853
351,415
4,438,281
4,225,161
2,796,697
16,420
16,829
45,925
21,571
130,596
14,346
13,245
39,811
91,741
13,842
12,859
36,128
18,408
50,528
26,190
231,341
179.867
131,765
31.341
169,338
19,636
161,969
14,043
65,598
8,310
87,550
1,359
188,974
176,012
73,908
4,909,508
17,493
138,932
4,909,106
17,473
138,894
286,610
167,564
2,800
41,033
3,313
29,382
9,234
3,494
53,192
41 ,926
18,7'^6
34,843
23,54s
25,353
59,933
41,367
12,246
154,854
2,316
498,793
928
16,155
269
3,112
27,406
8,281
3,494
48,305
33,219
18,473
33,521
17,496
24,509
59,592
38,911
11,018
106,842
55
146
532
298
l,4U
243
S55
24,9
2,771
2,697
2,116
9
1,606
3,057
6,
on
273
638
5,239
313
808
214
149
117
177
246
11,597
2,453
932
36,415
17,088
330,266
208
4,648
3
957
41
220
114
35,507
1,492
2,296
151,439
927
11,299
269
1,403
1,031,439
601,812
38,0^3
391,534
135,358
24,807
241,155
173,349
48,148
19,65?
13,303
8,659
10,088
1,762
1,802
176,051
86,787
172, 565
42
220
159
3,444
353
530
1,448
71
2,756
45
8,594
361
8
•
20
63,050
1
80
60
!
:
American Republics,.
Bermuda
Antilles and Surinam
America
Total Latin America
Asia :
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Africa
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
1,031
37,974
47,190
26,465
129,478
,534,000
101,781
192,050
75
107,951
86,037
106,344
94,406
8,713
263,839
69,088
100,052
77,315
339,537
171,918
77,412
40,338
18
535
55,216
7,836
12,283
4,641
97,162
8,808
274,254
79,009
101,532
83,878
342,637
174,058
92,404
56,468
3,124
11,441
11,401
3,034
5,040
40
138,005
1,692,440
1.618.965
11.515
61.960
3.473
1
5,466
38,769
11,247
5,466
37,930
11,237
208
631
10
102
1,782
56,800
80,157
12
405
2,315
10,000
15,300
111,717
2,500
1,100
16,807
630,020
1
1
,988
4,113
14,555
95
1,821
450
104
20
355
135
6
1,881
1,881
4,920
22,455
1,605
249,282
36,284
27,214
304,052
540
12,452
47,758
5,465
71,123
37,721
8,473
4,722
72,622
4,895
21,978
1,605
37,679
8,424
4,715
70,999
130
941,185
487,279
209,881
206,809
504
386
2,074
3,584
4,776
847
34,911
2,074
2,556
4,610
847
31,846
46,192
8,821
4,374
88,909
4,459,342
5,192
9,471
1,376
6,543
2,745
2,005
11,958
11,090
21
35
965
96
2
1,498
25
220
120
42
49
7
.493
168
1.067
595
2,477
3,239
100
1,028
66
1,338
2,038
1,027
3,9U
41 ,933
2,138
2,121
5.232
6,366
5,559
6,263
3,509
103
13,195
11,925
9,772
163,154
1,722
116,000
402
20
38
402
20
38
1
:
Total Africa
Other countries
Australia
All other
International and regional
International
European regional
Latin American regional
2/
666
15,023
1,003
2,050
34
103
2,050
1,037
00,542
479,350
131.692
:
Total international and regional.
1/
182
:
Total other countries
Grand total
20,724
3,501
1,650
15,751
21,394
1,500
5,065,933
5,065,473
323,755
4,460,842
280,876
460
460
27,368,552
24,003,368
9,995,433
11,604,559
3,403,376
3,233,492
2,653.100
For exclusions see headnote on page 91
Grand total includes .56,242,443 thousand of demand deposits and
*3, 752, 990 thousand of time deposits, but excludes negotiable time
certificates of deposit, which are included in "Other."
2/
1
Grand total includes $1,^^78,269 thousand of demand deposits and
^1,174,831 thousand of time deposits, but excludes negotiable time
certificates of deposit, which are included in "Other."
'1
November 1964
105
CAPITAL MOVEMENTS
Section III - Preliminary Details by Countries
Table 2.- Short-Term Banking Claims on Foreigners as of September 30, 1964
(Position in thousands of dollars)
1/
Treasury Bulletin
106
CAPITAL MOVMENTS
Section III - Preliminary Details by Countries
Table 3.- Long-Term Banking Liabilities to and Claims on Foreigners as of September 30, 1964
{Position in thousands of dollars)
Long-term claims payable in dollars
Total
Country
long-terra
liabilities
Europe:
Austria
132,09i
?9,872
Belgiu.Tl
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
1,000
.'»,000
6,
ill
85,
U7
U.S.S.R
Other Eastern Europe
Total Europe
60,276
i2,6i9
132,990
20,253
282,165
12,575
248,779
74,373
64,069
71,881
33,087
722
73,060
1,382
30,202
132,087
89,172
48, 546
60,276
42,628
132,983
20,214
272,433
12,575
248,779
73,835
61,221
70,881
32,812
700
71,860
1,382
29,333
700
13
21
7
39
9,732
538
2,848
1,000
275
22
1,200
869
23,259
23,259
23,259
1,442,247
1,424,976
17,271
266,356
266,356
266,333
23
50
76,543
204,767
20,296
53,602
76,543
204,767
20,296
53,602
46,464
146,839
17,472
51,964
594
594
26,065
412,617
25,469
44,233
41,624
36,237
72,889
37,084
21,831
1,164
412,517
25,469
41,624
36,237
72,889
37,084
21,831
1,164
381,012
25,435
35,554
41,587
33,727
70,982
37,084
21,831
418
30,079
57,928
2,824
1,638
594
31,505
34
8,679
1,048,950
1,048,850
910,369
1,392
27,176
1,392
27,176
1,392
27,175
25,538
352,819
3,261
130,662
2,605
7,527
30,878
25,538
328,215
1,665
121,794
2,605
5,178
29,564
Canada
Total Latin America
i8, 559
132,094
89,872
48,559
60,276
42,649
132,990
20,253
282,165
12,575
248,779
74,373
64,069
71,881
33,087
722
73,060
1,382
30,202
1,442,247
93,051
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics,.
Bahamas and Bermuda
Netherlands Antilles and Surinam.
Other Latin America
Long-term
claims
payable in
foreign
currencies
Total
long- terra
claims
26,115
Asia
China Mainland
Hong Kong
U,233
100
37
2,510
1,907
746
138,481
100
:
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
3,070
400
Other Asia
7,750
25,538
352,819
3,261
130,662
2,605
7,527
30,878
Total Asia
11,270
581,858
581,858
543,126
22,910
750
12,733
103
83,912
22,910
750
12,727
,
50
Tliailand
Africa;
Congo (Leopol^ville)
Morocco
South Africa
United Arab Republic (Egypt)....
Other Africa
24,604
1,596
8,868
2,349
1,314
38,732
500
22,910
750
12,733
103
83,912
83,623
6
103
289
Total Africa
500
120,408
120,408
120,010
398
Other countries:
Australia
All other
727
84,099
8,390
84,099
8,390
83,886
8,390
213
727
92,489
92,489
92,276
213
30,000
235
235
235
31 ,000
235
235
235
167,663
3,552,543
3,552,U3
3,357,325
Total other countries
International and regional
International
European regional
Latin American regional
:
Total International and regional
Grand total
1,000
195,118
100
Novemher 1964
107
,
CAPITAL MOVMENTS
,
Section III - Preliminary Details by Countries
Table 4.- Purchases and Sales of Long-Term Securities by Foreigners During September lQ64i/
(In thousands of dollars)
Purchases by foreigners
Domestic securities
Country
Total
U. S.
purchases Government
bonds and
notes
Europe
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
762
5,177
65^
230
15,930
10,536
202
^,-^51
19,1.;^'
,
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
16
,
,
Canada
:
American Republics..
Bermuda
Antilles and Surinam
America
Total Latin America
Asia:
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Africa
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
:
Total Africa
Other countries;
Australia
All other
Total other countries
International and regional :
International
European regional
Latin American regional
,
,
,
,
,
,
Total international and regional,
Grand total
SO, 880
S913
,
Total Europe
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas £ind
Netherlands
Other Latin
1,0'M
900
1,693
2,781
92,25i
,
Corporate and
other
Bonds
Stock
Sales by foreigners
Foreign securities
Bonds
Domestic securities
Total
U. 3.
sales
Government
bonds and
notes
Corporate and
other
Bonds
Stocks
Foreign securities
Treasury Bulletin
108
CAPITAL MOVatENTS
,
Section IV - Supplementary Data by Countries
Table 1.- Short-Term Llabllitiep to and Claims on Foreigners Reported by Nonflnanclal Concerns
{Posi*.ion at end of period in thousands of dollars)
Liabilities to foreigners
Fifth revised sei-ies 2/ Sixth revised series 2^
Seventh revised series 2
Country
19^-2
September
Europe:
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe J/
0. S. S. R
Other Eastern Europe 2/ iJ
2,599
2A,209
5,Oi3
976
34,311
38,266
3,476
27,117
26,745
9,152
1,200
10,992
6,942
25,404
4,084
114,748
4,122
906
75
645
Total Europe
341,012
,
Canada
67,049
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics
Bahamas and Bermuda
Netherlands Antilles and Surinam,
Other Latin Americ
6/
^
^
Total Latin America
9,007
22,877
4,723
3,101
1,405
6,679
18,309
3,260
5,261
19,187
4,639
6/
4,506
15,536
118,490
Asia;
China Mainland
1,723
2,241
10,309
1,806
1,205
65,555
1,183
4,946
454
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
2,3U
18,732
Total Asia
110,998
Africa
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
;
Total Africa
Total other countries %/
;
Total ir^ternational and regional.
Grand total
U
,
u
s/
Other countries;
Austral ia
All other 7/
International and regional
International
European regional
Latin American regional
335
12,432
1 268
1962
December
1963
1963
March
March
September
1^'ji
March
i
Jovember
1964
109
CAPITAL MOVmENTS
Section IV - Supplementary Data by Countrlee
labia 1.- Short-Term Liabilities to and Claims on Foreigners Reported by Nonflnanclal Concerns
3/
(Con.)
(Position at end of period in thousands of dollars)
Claims on foreigners
Fifth revised series 2/
Country-
1962
1962
September
Sixth revised
December
series^
Seventh revised series 2/
196
1963
December
lUrope;
|l
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 3/
O.S.S.R
Other Ee.stern Europe j/
^
3,881
27,133
5,818
4,172
49,052
106,394
5,684
62,332
37,086
13,208
5,665
15,136
25,407
33,402
6,497
244,533
2,281
4,166
171
1,348
,
Total Europe
Canada
Ij
Latin America :
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
1
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
6,196
24,302
8,059
2,890
51,192
115,579
4,707
75,497
30,822
7,100r
5,975
19,545
15,227
27,912
3,709
226,929
2,817
5,001
807
1,553
6,227
24,377
8,091
2,903
5,U7
117,146
4,732
73,331
31,103
7,120r
5,977
19,716
15,306
28, 348
3,764
237,673
2,858
5,018
807
1,553
5,447
24,373
5,917
3,678
58,984
113,986
5,622
81,797
23,636
5,957r
8,493
25,160
17,316
28,194
5,766
192,106
2,548
4,342
1,054
1,694
24,395
5,942
3,678
59,111
114,150
5,637
81,817
23,682
5,959r
8,493
25,160
17,346
28,194
5,786
195,512
2,548
4,342
1,054
1,694
51
,
367
4,989
27,346
6,984
3,269
50,250
105,913
6,082
89,358r
27,917r
5,U9r
6,818
23,046
19,594
34,849r
6,667r
200,
5U
3,182
3,461
160
3,473
653,366
635,B19r
652,417r
6l6,070r
619,947
629,351r
823,803
730,529
751,835
788,682
829,751
917,540
31,807
90,277
25,287
16,804
6,093
32,882
105,713
24,715
15,197
6,055
55,738
13,095
19,964
5,936
32,912
19,693
33,666
106,241
24,899
15,413
6,065
56,852
13,362
19,990
6,112
33,159
19,948
30,719
107,964
25,271
17,568
5,753
58,329
13,398
13,807
6,685
33,446
21,564
2/
6,507
39,563r
29,466
103,302
25,945
20,064
5,574r
382,132r
100
46
3,466
49,356
"J
6,089
43,257r
6,089
43,387r
30,718
107,961
25,244
17,160
5,753
58,323
13,392
13,762
6,684
33,357
21,542
6/
6,505
39,532r
361 , 830
381 246r
385,18?r
379,933r
21
21
Philippines
Taiwan
Thailand
Other Asia
43
4,316
33,661
2,523
11,544
111,556
3,344
9,846
3,065
3,978
35,881
4,371
38,354
2,828
9,638
117,621
3,675
10,754
3,393
5,432
33,357
4,375
38,927
2,831
9,672
121,207
3,789
11,030
3,397
5,432
33,476
100
4,435
49,651
2,934
7,300
121,977
3,851
10,357
4,904
5,014
33,934
4,435
49,652
2,934
7,367
125,786
3,851
10,359
4,904
5,016
33,993
3,790
6,822
140,000
4,439
11,023
5,588
4,742
4A,155
Total Asia
219,757
229,444
234,157
249,457
253,397
273,427
2,613
7/
10,253
12,718
3,448
7/
13,393
9,76C
3,448
2/
10,445
,407
3,407
1/
9,764
,961
11, 808
2/
8,964
2/
2/
7/
7/
11,810
7/
2,353
1,095
8,224
14,809
14,952
3/
8/
8/
8/
24,239
26,565
24,227
25,411
24,267
25,589
26,193
26,913
76,3
73,239
73,513
77,282
730
730
1,409
<
I
I
','
52,
I
r
|i
I
j
li
I
^
American Republics
Bermuda
Antilles and Surinam.
America
6/
^
Total Latin America
I
'
^
II
j
,
8U
9,698
22,808
5,348
38,066
17,654
6/
2,169
42,975
,
5,959
55,511
13,704
18,892
4,950
37,052
37,690
9,6l4r
9,351
10,632
Asia;
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Africa;
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
Total Africa...
Other Countries:
Australia:
All other 7/
Total other countries S/
.
International and regional :
International
,
European regional
Latin American regional...
Total international and regional.
Grand total
822
822
2,135,966
730
2,051,Q07r
730
2,097,835r
1.409
2,112,833r
•
September
March
1964
December 2/
March
June p
.
Treasury Bulletin
110
FOREIGN CURRENCIES ACQUIRED BY THE UNITED STATES WITHOUT PURCHASE WITH DOLLARS.
Foreign currencies reported herein In United States
dollar equivalents were acquired without purchase with
In connection with foreign
dollars, for the most part
1953.
If't'O
Treasury custody, and the flow of future collec-
tions through Treasury accounts; and established requirements with respect to withdrawals from Treasury accounts;
assistance and agricultural trade development programs
authorized by various provisions of law. The currencies
limitations on purchases and amounts of holdings; the use
are held in the custody of the Treasury Department until
Department Circular No.
such time as they are either sold for dollars to Government agencies or transferred to Government agencies for
added certain requirements governing foreign currency re-
of foreign depositaries; and accounting for the currencies
as revised October 20, I961,
porting and accounting.
expenditure without charge to appropriations, as specifically authorized by law.
93^^
Figures are stated in dollar equivalents,
for reporting purposes,
computed
to provide a common denominator
Prior to July 1, 1953, foreign currencies acquired
by Government agencies without payment of dollars generally
It should not be assumed that dollars.
were available to the collecting agencies to defray operating expenses and were not subject to the regular appropria-
actually available for the general use
of the United States Government, since most of the cur-
tion processes.
rencies are inconvertible and restricted as to uses by the
The act of July 15, 1952, Sec. 14.15 (66 Stat. 662),
provided that after June 30, 1953, United States agencies
terms of agreements between the United States and the for-
for the currencies of the many foreign countries involved.
the balances,
In amounts equal to
sire
eign governments.
could no longer expenc! foreign currencies belonging to the
The tables exclude the counterpart funds owned by and
United States except as provided annually in appropriation
held In accounts of the foreign governments.
acts. Subsequent legislation required executive departments
such funds is subject to approval of the United States,
and agencies, with certain exceptions,
to reimburse the
Treasury in dollars for the foreign currencies used.
Ex-
The use of
and
transactions therein are Included In reports of the Agency
for International Development.
The tables also exclude
ecutive Orders No. 104Sg dated September 23, 1953. snd
No. 10900 dated January 5. 1-961, as amended, provided for
the United States purchases of foreign currencies which
the Issuance of regulations by the Secretary of the Treas -
transactions.
are under dollar accountability and reported as dollar
ury governing the purchase, custody, transfer, or sale of
foreign exchange by the United States.
Accordingly, Treasury Department Circular No. 93^ "a-*
issued on October 19, 1953, effective December 1, 1953These regulations provided for the transfer of department
and agency foreign currency balances as of November 3O1
Detailed data, by account, agency, program, foreigncountry, units of currency, and related dollar equlvedents,
are published annually in the Combined Statement of Re-
ceipts, Expenditures and Balances, beginning with fiscal
195s.
i
November 1964
vnnTTTaM r
j
Treasury Bulletin^
112
.COKPORAIIONS
MD
CERTAIN OTHER BUSUffiSS-TYEE ACTIVITIES.
The current financial statements of corporations and
certain other buslnees-type activities of the United States
Government which appear In the "Treasury Bulletin" beginning
with the August 195^ Issue are complied from reports submitted to the Treasury under Department Circular No. S66,
statements of financial condition are published quarterly'
and appear as Section
I In the series of tables.
The first
data under the new regulations are for March 31, I956, andl
were presented in the August I956 Bulletin. Statements of!
Income and expense and source and application of funds are
Issued January 30. 1956, and Supplement No. 1, Issued June
The regulations so Issued are pursuant to Section
1, 1956.
published semiannually, for June 30 and December 3I report-|l
ing dates, and appear as Sections II and III.
The first of
ll4 of the Budget and Accounting Procedures Act of 1950
(31 U.3.C. 66b), and represent another step In the program
of comprehensive and Integrated G-overmnent accounting and
year 195^, and were published In the January 1957 Bulletin.
Within the sections, the agencies are grouped In separate
financial reporting for which authority was provided In
that- act.
They supersede Budget-Treasury Regulation No.
3i
Issued under Executive Order No. S512 of August I3,
19'*^0,
as amended by Executive Order No. 90S4- of March
I9U2,
3,
under which financial statements previously published In
the Bulletin were submitted.
In coverage,
submission of financial statements by all wholly owned and
mixed-ownership Government corporations specifically included In the Government Corporation Control Act, as amended
(31 U.3.C. gU6, S56); and all other activities of the Government operating as revolving funds for which businesstype public enterprise or Intragovemmental fund budgets
are required by the Bureau of the Budget.
Other aotlvltleo
and agencies whose operations, services, or functions are
largely self-llquldatlng or primarily of a revenue-producing nature, and activities and agencies whose operations
result In the accumulation of substantial Inventories, In-
vestments and other recoverable assets, may be brought
under the regulations as agency accounting systems are
developed to the point where they are capable of furnishing the financial reports required.
of funds,
Supplement No. 1 added to the coverage by Including
all executive agencies and activities not reporting under
They are statements of finan-
Income and expense,
of financial condition annually as of June 30-
source and application
and certain commitments and contingencies.
The
These are
mainly not business-type activities, and those which had
not yet developed formal accounting procedures to provide
complete balance sheet types of statements were authorized'
temporarily to report only the asset side.
Thus the sup-
plement rounds out provision for the Information on properties and assets of the United States Government which the
Treasury has been asked to furnish to the Committee on;
Government Operations, House of Representatives, for a
continuing study of the assets of the Government.
comprehensive reporting under Supplement No.
30,
1957,
1
The first
Is for June
and the data were published In the December 1957'
Issue of the Bulletin as Part B of Table U In Section I.'
A summary of loans outstanding for a series of dates
is Included In Section I of the Bulletin presentation be-
ginning with the June I95S Issue.
Four kinds of financial statements are called for by
cial condition,
tables by type, as follows: public enterprise revolving
Intragovemmental revolving funds, certain other
activities, deposit funds, and trust revolving funds.
funds,
Department Circular No. 966, but required only a statement
Department Circular No. 966 requires
Department Circular No. 966.
these statements under the new regulations cover the fiscal]
Two classifications of
the loans are shown, one by type and one by agency.
Data
prior to 1956 are based on the earlier reporting requirements, which provided for complete coverage of Government
lending agencies.
November 1964
113
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 1.- Summary by Specified Classes of Activities, June 30,
1964
(in thousands of dollars)
Activities reporting on a quarterly basis 1/
Total of
activities
reporting on
a quarterly-
basis
Public
enterprise
revolving
funds
(See Table
Intragovemmental
2)
revolving
funds
(See Table 3)
Certain
nther
activities
(See Table ^
Part A)
Activities
reporting on an
annual basis 2/
(See Table U Part B)
Total nf
all activities
reporting
2/
ASSETS
tCash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury ^Z .
'Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discoxmt (-)...
j
^
175,OU
12,520,470
172,325
5,881,122
2,0i3,616
154,354
-11,362
5,719,884
2,039,070
154,354
-11,362
278,082
22,750
65,545
1,320
12,262
1,819,990
2,564,916
19,283,536
-865,168
963,666
427,099
5,874,994
-864,794
1,714
2,395,051
1,005
4,244,296
211,356
9,936,543
386,400
22,457,013
4,545
326,063
5,441,802
-50
93,801
2,369,679
154,354
-11,412
5,813,685
13,723
38,897
7,708
14,386
166,848
106,362
189,598
171,907
659,693
79,605
6,331,072
-374
196,631
2,058,212
7,077,520
111,972
2,315,739
1,270,364
-18,015
1,931,962
4,880,655
20,553,949
-883,184
10,943
11,506
727,992
627,387
Other securities..... ..................
lAdvances to contractors and agents:
Government agencies.. •.•••...•....
Other
Accounts and notes receivable:
Government agencies. ...................
Other (net )
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other: U. S. dollar loans
Foreign currency loans
Allowance for losses (-)........
Acquired security or collateral (net)....
Land, structures, and equipment..........
Accximulated depreciation (-)...........
Foreign currencies,. ...•...••••. ••••••...
Other assets (net).
10,639
727,992
616,443
10,601
2,520
173,558
725,472
442,885
52,860
26,673,515
4,270,067
-518,413
940,414
14,008,651
-5,709,368
761,252
4,159,670
52,860
16,839,201
1,074,768
-505,785
940,306
5,564,213
-1,671,730
1,029
2,137,912
9,834,315
3,195,298
-12,629
108
7,864,379
-3,786,580
760,223
1,892,965
198
29,602,196
-2,817,881
2,108,844
6,459,587
Total assets...
39,487,346
39,547,591 i/
39,962,580 ^/
50,492,292
LIABILITIES
Accounts payable:
Government agencies.
Other
Accrued liabilities:
Government agencies.... ................
Other
Advances from:
Government agencies. . ..................
Other
Trust and deposit liabilities:
Government agencies..
Other
Bonds, debentures, and notes payable:
Government agencies.. ..................
Other: Guaranteed by the U. S... .......
Not guaranteed by the U. S
Other liabilities (including reserves)...
Total liabilities
391,162
38
580,059
-251,059
128,793
9,977,175
52,860
27,280,070
4,270,067
-518,413
940,612
43,610,847
-8,527,249
2,870,095
10,619,256
606,555
y
139,979,637
1,U1,499
93,328
547,044
179,524
355,741
118,310
538,714
294,552
1,834,657
685,713
3,276,156
748,812
451,821
736,775
202,270
800
122,371
11,237
127,180
32,375
1,473,933
781,187
1,925,754
1,314,815
9,536
318
1,259
1,271,992
8,249
42,505
28
301,720
5,226,906
1,616,535
5,236,441
244,420
157,249
215,613
138,474
996
27,812
183
18, 591
151,242
287,761
395,663
445,009
159,340
633,852
180,015
3,777,271
159,340
633,852
180,015
3,280,688
49,360
347,495
149,088
547,841
208,700
633,852
180,015
4,325,112
9,509,791
6,188,975
2,287,352
1,033,465
10,200,346
19,710,136
100,000
29,145,268
1,262,083
100,000
24,089,898
1,262,083
1,041,000
39,660,605
4,601,482
19,860,781
-12,819,759
1,041,000
13,802,410
1,507,845
1,445,191
-9,623,958
NET INVESTMEOT
United States interest:
Interest-bearing investment:
Capita 1 stock. .........•..••••...••..
Borrowings from the U, S, Treasury...
Other
Noninterest-bearing investment:
Capita 1 stock. .......................
Appropriations
Capitalization of assets (net).......
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)
.,
100,000
29,145,268
1,262,083
5,055,370
590,033
376,878
6,617,626
105,287
25,268,162
2,716,759
11,797,964
-3,301,088
63,391,586
5,642,782
4,606,516
-31,170,728
1,041,000
103,052,191
10,244,265
24,467,297
-43,990,486
-2,873,907
-265,854
-2,608,052
-2,178,211
-5,052,117
79,977,555
39,487,346
33,358,616
39,547,591
7,689,824
9,977,175
33,929,115
39,962,580
40,291,946
50,492,292
120,269,501
139.979. 637~
92,797,314
-12,819,759
42,982,574
-9,623,958
7,584,537
105,287
42,230,203
-3,301,088
71,462,674
-31,170,728
164,259,987
-43,990,486
investment incl. interagency items.
Interagency items:
Due from Government agencies (-)
,
Due to Government agencies.............
79,977,555
33,358,616
7,689,824
38,929,115
40,291,946
120,269,501
2, 858, 549
-1,174,719
1,205,374
-673,416
1,453,312
-929,811
199,864
-278,820
829,249
-3,056,766
3,687,798
investment excl. interagency items.
80,058,158
33,389,271
8,469,719
38,199,168
40,842,375
120,900,533
Total United States interest
Total liabilities and investment.
ANALYSIS OF UNITED STATES INVESTMENT
United States investment.................
Accumulated net income, or deficit (-)...
U. S.
U.
S.
Footnotes at end of Table 8.
-2,777,946
.
lU
Treasury Bulletin^
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1964
(In thousands of dollars)
Sovember 1964
115
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 2,- Public Enterprise Revolving Funds, June 30, 1964 -
(Continued)
(In thousands of dollarG)
Agriculture Department - (Continued)
Farmers'
Direct
loan
account
Emergency
credit
revolving
fund
Agricultural
credit
insurance
fund
Rural h'^using
for the
elderly
revolving fund
ASSETS
",'
and in transit...
balances with the U. S. Treasiiry 2/.
jin vestments:
Public debt securities (par value)....,
Securities ol" Government enterprises. .,
Unamortized premium, or discount (-).,.
Other securities
lAdvances to contractors and agents:
Government agencies.. ..•••.•••...••••••
Other
(Accounts and notes receivable:
Government agencies. ....... •.••.••.••••
Other (net )
Inventories
••..•.•••.•...•.....•••.*
Allowance for losses (-)....•...••
'Accrued interest receivable:
I
., ..••..
On public debt securities.
On securities of Governnient enterprises
Other
jILoans receivable:
Government agencies
I
Other: U, S. dollar loans..,. ..........
Foreign currency loans.,....,,.,
Allowance for losses (-)..,........
jAcqulred security or collateral (net)...,
'Land, structures, and equipment,.,,,.,,,,
Accximulated depreciation (-),..,,......
'[Foreign currencies,. .•..•.•,•.•,.•,,,•,,•
fother assets (net )... ..,,..,•, ••...,..•••
ipash in banks, on hand,
1U,859
JFund
;
l,j
I
'
i|
3,450
jl
32
I
I
'{
29,979
,|
ij
I
('
IfTotal
i
asset s......,,.,.,.,«.«.*.....,..,.
LIABILITIES
'Accounts payable:
Govemioent agencies,..,,.,.,.. ..,...,,•
Other
iAccrued liabilities:
Government agencies.,,, ••••••.•• ..••,,,
Other
,
lAdvances from:
Government agencies,, .,,,•••. ...,,,.,,.
Other
/Trust and deposit liabilities:
Government agencies.,,.,,,
,.,.,..
Other
Bonds, debentures, and notes payable:
Government agencies*. , ••••,,,
.,...
Other: Guaranteed by the U. S... .......
Not guaranteed by the U. S
Other liabilities (including reserves)...
I
{I
I
I
J
I
Total liabilities
NET INVESTMENT
'United States interest:
,
!
i
Interest-bearing investment:
Capital stock. ......••.,,.,,,,, ...,,.
Borrowings from the U, S. Treasury...
Other
Noninterest-bearing investment:
Capital stock, ....,.,,,....... .......
Appropriations,.,,..,.-.,.,,
,
Capitalization of assets (net)....,..
Other.,, •,,,,.,.•,.,.,•...•,.,.•,••,.
Accumulated net income, or deficit (-),
Deposits of general and special fund
revenues (-)..,.....,.....,,...,.
Total United States interest
Total liabilities and investment,.,..,,..
1
46",
381
Commerce Department
Home Administration
3,577
4,400
Expansion
of defense
production
Aviation
war risk
insurance
revolving
fund
Area
Redevelopment
Administration
Area
redevelopment
fund
:
•
.
U6
Treasury Bulleti
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1964
(Continued)
(in thousands of dollars)
Commerce Department
-
(Continued)
Defense Department
Maritime Administration
Federal ship
mortgage
insurance
fund
ASSETS
Cash In banks, on hand, and In transit..
Fund balances with the U. S. Treasury 2/.
Investments:
Public debt securities (par value).....
Securities of Government enterprises...
Unamortized pronlum, or discount (-)...
Other securities. . .....................
Advances to contractors and agents:
Government agencies. ...................
Other
Accounts and notes receivable:
Government agencies. . ..................
Other (net)
Inventories.... ........••.,.....••....•..
Allowance for losses (-)...............
Accrued interest receivable:
On public debt securities.......... ....
On securities of Government enterprises
Other
Loans receivable:
Government agencies. ...................
Other: U. S. dollar loans......
Foreign currency loans..........
Allowance for losses (-).............
Acqxiired secxirity or collateral (net).,..
Land; structures, and equipment..........
Accumulated depreciation (-)...........
Foreign cxirrencies............ •,.......••
Other assets (net )•.••••. •.••.•.......•••
Total assets... ............... ...........
LIABILITIBS
Accounts payable:
Government agencies.
Other
Accrued liabilities:
Government agencies. .......... .........
Other
Advances from:
Government agencies.... ..... .....••...•
Other
Trust and deposit liabilities:
Government agencies. ...................
Other
Bonds, debentures, and notes payable:
Government agencies*. ......... ... ..••..
Other: Guaranteed by the U. S
Not guaranteed by the 0. S
Other liabilities (including reserves)...
Total liabilities
NKT INVESggNT
United States interest:
Interest-bearing investment:
Capita 1 stock. .......................
EJorrowlnga from the U. S. Treasury...
Other
Noninterest-bearing investment
Capital stock.
Appropriations.
Capitalization of assets (net).......
Other
Accumulated net Income, or deficit (-).
Deposits of general and special fund
revenues (-).....................
Total United States interest
81
U3
Defense Supply
Agency 7/
Vessel
operations
War risk
insurance
revolving
fund
revolving
fund
640
10,864
758
Air Force
Department
Array
Department
Defense production guaranties
6,826
3,214
7,868
2,129
%402
14,693
5,343
42
3,365
-17
69
2,108
78
509
3
1,856
11
66
3,500
13,680
-6,708
10,999
1,083
64
20,i7i
19,610
45
291
182
3,500
3,727 6/
64
768
258
1,382
9,900
6,847
-876
19,104
3,401
14,693
5,343
16,747
13,228
3,.W1
14,69?
5,343
Total liabilities and investment,.,.,.,..
20,474
19,610
3,402
14,693
5,343
ANALYSIS OF UWITH) STATES INVESOfEm:
United States investment..
Accumulated net income, or deficit (-)...
9,900
6,847
-876
19,104
3,401
14,693
5,343
investment incl. Interagency items.
Interagency items:
Due from Government agencies (-).••••••
Due to Government agencies, ...... ......
16,747
1,1,228
3,401
14,693
5,343
2Z?
-5,608
64
investment excl. interagency items.
16,974
12,68^
,^,401
14,693
5,343
U. S.
U.
S,
Footnotes at end of Table 8,
(Continued on following page)
Vovember 1964
117
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1964 - (Continued)
(in thousands of dollars)
Defense Department
( Continued)
Navy Dep t ( Continued)
Office of
Civil Defense
Defense
production
guaranties
Civil defense
.
Accoxint
Health, Education, and Welfare Department
prof^ureraent
Food and Drug
Administration
Public Health
Service
Social Security
Administration
Revolving fund
for certification and other
services
Operation of
commissaries,
narcotic
hospitals
Bureau of
Federal Credit
Unions
i8
1,238
Interior Department
Bureau of Indian Affairs
Revolving
fund for
loans
Liquidation
of Hoonah
housing
project
ASSETS
ash in banks, on hand, and in transit,*.
Hind balances with the U. S. Treasury 2/.
5,178
I,i91
12
1,586
2,4.54
divestments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
I
Other securities
Ldvances to contractors and agents:
••..••.........
Government agencies
Other
kccounts and notes receivable:
Government agencies,
Other (net)
Inventories
Allowance for losses (-)
icorued interest receivable:
On public debt securities
On securities of Government enterprises
Other
|ll*oans receivable:
....•••.....•••
Ciovernment agencies
Other: U. S. dollar loans
Foreign currency loans.... •*....
Allowance for losses (-)
lAcquired security or collateral (net)....
JLand, structures, and equipment....,.,...
Accumulated depreciation (-).,,,,.,,.,,
[Foreign currenc ies..,,,,......,,,,,,,,,,,
lother assets (net),,,, .,.,,,,, .,,,,,..••,
l|
'
j
13
592
I'
19
i|
6,687
j
23,132
161
-3,268
-148
22,318
136
]
Itrotal
assets
>
i99
-309
29
-20
253
-129
l,79i
86
2,019
1
14
5_
11,866
1,500
LIABILITIES
lAccounts payable:
Government agencies
127
i'
5i
Other,
U
1
iAccrued liabilities:
Government agencies,,, ,,,,,,,,,,,,,,,,,
Other
Advances from:
Government agencies,, ,,,,,,,.,,,,,,,,,,
Other
'Trust and deposit liabilities:
Government agencies,..,,,,... ,,,,,,,,.,
Other
liBonds, debentures, and notes payable:
Government agencies, , .,,....
Other: Guaranteed by the U. S
Not guaranteed by the U, S
lOther liabilities (including reserves),,.
1
7
141
26i
58
w
136
593
[Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
•.,,,,,,...,,,,
Capital stock
Borrowings from the U. S, Treasury,..
Other
Noninterest-bearing investment:
.«
Capital stock...,..,,,...,,,
Appropriations
,,«
,,,
,
Capitalization of assets (net).,,,.,.
Other. . .....,, .,,,,,,.,.,,,,,,,,,,,.*
Accumulated net income, or deficit (-),
Deposits of general and special fund
revenues (-),,,,.,,..,,,,,, ..•,,•,.,,.
2
10
25
625
23,799
10
1,500
1
11,866
240
1,201
A9
1,394
2,778
-4,259
-104
11,866
1,500
1,201
61
1,394
22,318
136
Total liabilities and investment,,,.,,,,.
11,866
1,500
l,79/:>
86
2,019
22,318
136
ANALYSIS OF UNITED STATES INVESTMENT
United States investment,.,..,,,,,,.,,,..
Accumulated net income, or deficit (-)...
1,201
12
49
1
11,866
1,394
26,577
-4,259
-104
1,201
61
1,394
22,318
136
62
1,415
22,318
136
Total United States interest
1,500
investment incl, interagency items.
Interagency items:
Due from Government agencies (-),,,,,,.
Due to Government agencies.............
11,866
investment excl. interagency items.
11 366
U, S,
U, S,
Footnotes at end of Table 8.
1,500
-1
-1
21
129
,
1,499
240
1,329
(Continued on following page)
118
Treasury Balleth!
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1964
(In thousands of dollars)
(Continued)
Nhvemher
1964
119
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Publ Ic Enterprise Revolving Funds, June 30, 1964 - (Continued!
(In thousands of dollars)
Interior Department
(Continued)
Labor Department
Treasury Department
Post Office
Department
Bureau of Employment
Security
Virgin
Islands
Corporation
Expansion
of defense
production
Advances to
unemployment
trust fund 2/
Farm labor
supply
revolving fund
Postal
fund 10/
Office of the Secretary
Reconstruction
Finance Corporation liquidation fund
Federal Farm
Mortgage Corporation liquidation fund
ASSETS
Jash in banks, on hand, and in transit...
rund balances with the U, S, Treasury 2/.
Investment s:
Public debt securities (par value).,...
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities. ......................
Advances to contractors and agents:
Government agencies.. .......... ........
Other
Accoxints and notes receivable:
Government agencies. ..••.•...•......•.•
Other (net)
Inventories ..............................
Allowance for losses (-)
Accrued interest receivable:
On public debt securities..............
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other: U. S. dollar loans...
Foreign currency loans..........
Allowance for losses (-)..•••••......
Acquired secxirity or collateral (net),,..
Land, structures, and equipment ....,,,.••
Accumxilated depreciation (-)...,..«....
Foreign currencies.. •...«••...•••, •«•••••
Other assets (net ). •,,••.•.••,.. ••....•«•
LIABILITIES
Accounts payable:
Government agencies... •••.,..••......
Other
Accrued liabilities:
Government agencies •••••.. •..,,..•,..
Other
Advances from:
Government agencies.. ....... ..,..,...
Other
Trust and deposit liabilities:
Government agencies. , ,..,,.......,,..
Other
Bonds, debentures, and notes payable:
Government agencies, .•.,,,,.,..,,,..,
Other: Guaranteed by the U. S
Not guaranteed by the U. S. ,.,
Other liabilities (including reserves),
Tota 1 liabilities
553
300,653
1,056
118
181
189
3,321
21 ,078
13i
2,684
1,209
32
32,312
8,948
i9
203
4,950
9,432
-8,084
312
-1 ,471
148
14,790
-i,193
538
-264
1,200,97511'
-492,176
146
15,380
Total assets
130,374
410,884
1
53i
1,901
300,653
1,557
1,315,90512/
80,530
196,705
32
172
345
421
3,947
493
37
3,133
290
99
143
U9
29
144
467
1,846
3,133
1,225
11,422
32,130
274
281 ,345
561
558,58112/
29
181
NET INVESTMEtfl
United States interest:
Interest-bearing investment
Capita 1 stock..,.,..,..,,.., ,,,,,.,..
Borrowings from the U, S, Treasury,,,
Other
Noninterest-bearing investment:
Capital stock. .,,,.,,,,,,, ,,,,,,..,.,
Appropriations
Capitalization of assets (net).....*.
Other. . •...,,,,,,..•.••.....,,•,.•,,,
Accumulated net Income, or deficit (-),
Deposits of general and special fund
revenues (-),,.,.....,,,.,..........,•
288,000
750
446
1
136
-33,361
12,653
549
,409,025
3,918
312
-651 ,702
13,533
-1,231
300,653
995
757,324
3,918
312
Total liabilities and investment ...,.•.,
15.380
1,901
300,653
1,557
1,315,905
3,947
A93
ANALYSIS OF UNITED glAIES INVESTMEMT
United States investment...,.,,,,,,,,,...
Accumulated net income, or deficit (-)..,
13,397
136
32,130
-33,361
288,000
12,653
446
549
1,409,025
-651,702
3,918
investment incl. interagency items.
Interagency items:
Due from Government agencies (-)••••••«
Due to Government agencies,.,,.,, ..,•,.
13,533
-1,231
300,653
995
757,324
3,918
312
596
3,133
U, S.
13,996
1,901
3,913
312
Total United States Interest
U, S,
investment excl. Interagency items,
Footnotes at end of Table 8.
312
-21,266
80,530
-134
300,653
(Continued on following page)
995
816,588
120
rr
1964
slovemher
121
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - StatementB of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1964 - (Continued)
(in thousands of dollars)
Housing and Home Finance Agency
Office of the Administrator
Account
j
y.ash
I'und
College
housing
loans
ASSETS
in banks, on hand, and in transit,,,
balances with the U. S. Treasury
^
Public
facility
loans
Public works
planning
Liquidating
programs
Urban
renewal
fund
Community
disposal
operations
fund
Housing
for the
elderly
52
aw
14,174
170
77
13,729
1,628
1,700,316
63,
20,437
2,024
196,447
6,126
42
513
151,013
3,9U
52,413
1,735
339,364
81
6
265
83
148,395
17,965
-4,371
-1,857
ilnvestments:
Public debt securities (par value)....
Securities of Government enterprises..
Unamortized premium, or discount (-)..
Other securities
Advances to contractors and agents:
Government agencies. . ...........••.••.
Other
(lAcGOunts and notes receivable:
Government agencies...................
Other (net)
jlnventories
Allowance for losses (-)
lAccrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
iLoans receivable:
Government agencies. - ................
Other: U. S. dollar loans
Foreign cxirrency loans........
Allowance for losses (-)
lAoquired security or collateral (net)..
Land, structures, and equipment........
Accumulated depreciation (-)•.••..•••
Foreign currencies... ••.•••••••••••••».
Other assets (net ).......•••••»•*••••••
I
Total assets
LIABILITIES
Accounts payable:
Government agencies. .......... .........
Other
Accrued liabilities:
Government agencies. . ..................
Other
Advances from:
Government agencies.. ..................
Other
Trust and deposit liabilities:
Government agencies ...•..•......••....Other
Bonds, debentures, and notes payable:
Government agencies.. ..................
Other: Guaranteed by the U. S
Not guaranteed by the 0, S
Other liabilities (including reserves)...
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing Investment:
Capita 1 stock
Borrowings from the U. S. Treasury...
Other
Noninterest-bearlng investment:
Capital stock. .......................
Appropriations
Capitalization of assets (net).......
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-).......•«..••.•.•...*..•••
Total United States interest.
-2,125
20
-524
15
3,312
-3,312
1,775,334
24,428
250
159,954
44,885
18,277
496,768
47
50
68
174
23,458
2,263
2,701
4,670
1,097
11,466
28,177
3,407
1,746,383
160,729
14,340 6/
95
50
58,000
1,323,234
-136,200
1,083,781
769
-7,181
23,059
-36,223
-1,168,852
1,747,157
156,548
44,835
-1,160
18,182
432,428
5,759
248,840
496.768
5.985
243.348
1,499,021
1.016,593
18,498
-12.739
250,000
-1.160
482,428
5,759
248,840
5,759
243,840
1.775,334
159,954
44.885
ANALYSIS OF UNITED STATES INVEglMENT
United States investment.................
Accumulated net income, or deficit (-)...
1,746,388
163,729
-7,181
81,059
-36,223
1,187,034
-1.168.852
U,835
18,182
50
-81
68
2,374
44,885
18.169
435,302
0. S.
investment excl. interagency items.
Footnotes at end of Table 8.
(Continued on following page)
250,000
-1,016,593
Total liabilities and investment.........
investment incl. interagency items.
Interagency items:
Due from Government agencies (-)
Due to Government agencies.............
226
75,998
-57,500
-12,739
18.277
U. S.
41
410,240
3,000
769
243,843
135
21
6
5,935
-
.
,
.
122
Treasury Bulletin
.
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1964 - (Continued)
(in thousands of dollars)
Housing and Home Finance Agency - (Continued)
Federal National
Mortgage Association
Account
Special
assistance
functions
Management
and
liquidating
functions
Federal
Housing
Administration
Veterans' Administration
Public
Housing
Administration
Canteen
service
revolving
fund
Direct
loans to
veterans
and
reserves
Loan
guaranty
revolving
fund
ASSETS
Cash In banks, on hand, and In transit,,*
Fund balances with the U. S. Treasury 2/,
Investments:
Public debt securities (par value).....
Securities of Government enterprises.,
Unamortized premium, or discount (-),..
Other securit lea
Advances to contractors and agents:
Government agencies, , ,,«,,,,,,..,,.,...
Other
Accoxints and notes receivable:
Government agencies. ..,,,,.,.,.. .......
Other (net )
Inventories. . ...,,.......,.,.,,,,,,.,,,,,
Allowance for losses (-)
Accrued interest receivable:
On public debt securities,...,.,,.,,...
On securities of Government enterprises
Other
Loans receivable:
Government agencies
,,,....
Other: U. S. dollar loans
Foreign currency loans...,,..,,.
Allowance for losses (-)..,,,.,,,.,..
Acquired security or collateral (net)....
Land, structures, and equipment,,,
,,
Accumulated depreciation (-),.,,.,,,,..
Foreign currencies, ....,,..,,,,,,,,.,.,,,
Other assets (net ).,...,,,.,,.,.,,,,,,,,,
Tota 1 assets. .,,,,,,,,,, ,,,,,.,«,«,,,,,•.
489
1,150
6,928
Total United States interest.
5
71 ,809
782,180
123,868
-7,756
369
2,509
1,615
550
3,779
36,773
413,484
24,500
-82
55
6,5i2
938
2,658
1,540
25,948
21,349
11
605
102
73
70
444
5,310
785
174
171
591
5,900
3,854
1,849
1,758
4,678
1,022
1,765
1,311
1,A99,488
1,123,396
244,273
48,304
1,252,298
441,725
-8,206
701,004
7,000
-2,743
-1,094
6,171
219,421
-4,850 14/
4,455
-21,505 15/
4,824
757
-456
8,045
-3,952
7,278
-3,743
2,161,812
149,329
13,494
1,675,057
738,554
23,249
23,654
74,092
12
1,522,056
1,140,858
15
9
1,585
16,376
248
70,130
102
782
25,234
640
17,745
865
2,675
14,913
187
959
308
14,930
19,875
2,407
17,832
393
1,031
235
408
LIABILITIES
Accounts payable:
Government agencies, ,,,,,,,,,,,••,.,..«
Other
Accrued liabilities:
Government agencies....,,,,,,. ......,,,
Other
Advances from:
Government agencies, , .,,,,,,.,,,,,...•.
Other
Trust and deposit liabilities;
Government agencies.
,
,..
Other
Bonds, debentures, and notes payable:
Government agencies. . ..,,,,,,,,
,
Other: Guaranteed by the U. S
Not guaranteed by the U, S
,
Other liabilities (including reserves),..
Total liabilities
NET INVESTMEOT
United States interest:
Interest-bearing investment:
Capital stock
,,,,,.,, ,,,,,,,,,
Borrowings from the U, S, Treasury. .
Other
Noninterest-bearlng investment:
Capital stock. ..,,,.••.,, ............
Appropriations... ....,,,,,,,,.......,
Capitalization of assets (net),....,.
Other
Accumxilated net income, or deficit (-),
Deposits of general and special fund
revenues (-),.....
23,558
4,510
187,641
1
3_
35.297
15,259
159,340
633,431
801
40,819
39,296
1,394,740
993,470
86,498
108,092
195.557
2 , 093
75,042 6/
1,0U,114 6/
1.015
i.3ie
2,850
39,82b
1.034
24.688 6/
1,624,360
1,117,698
1,000
1,571,300
246,548
366
-1,744,560
10,278
10,871
-41 ,340
649,488
105,718 16/
.481.238
1.101.562
1.117.698
74.288
10,644
1.635.231
713,866
,,.
1,522,056
1,140,858
2.161,812
149,329
13.494
1.675.057
738.554
ANALYSIS OF UNITED STATES INVESTMENT
United States investment,,,,.,,,,,.,,,,..
Accumulated net income, or deficit (-)..,
1,,394,740
993,470
108.092
1,818,848
-1,744,560
366
10.^78
1,624,360
10,8 71
755,206
86.498
interagency items.
1,481,238
1,101,562
1,117,698
74,288
10,644
1,635,231
713,866
Interagency items:
Due from Government agencies (-).,,,,,,
Due to Government agencies,.,,,,,,.....
-13,641
-26,807
17,746
-151,574
166,006
-11
25,234
828
-70
337
15.259
investment excl, interagency items.
1,492,830
1,092,501
1,132,130
75,105
10,912
1,650,490
Total liabilities and investment
U. S. investment incl.
U. S.
Footnotes at end of Table 8.
1
1.117.6
(Continued on following page)
-/ l,^/ n
|
i
713.866
:
^^ovember
1964
123
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condi tlon
Table 2.- Public Enterprise Revolving Funds, June 30, 1964
-
(Continued)
(In thousands of dollars)
Export-Import Bank
of Washington
Veterans' Administration - (Continued)
Accoxint
Rental
maintenance,
and repair
of quarters
Servicedisabled
veterans
insurance
fund
Soldiers'
and
sailors
civil
relief
Veterans'
special
term
insurance
fund
Vocational
rehabilitation
revolving
fund
Regular
lending
activities
Liquidation of
certain Reconstruction
Finance Corporation assets
ASSETS
Cash in banks, on hand, and in transit,.
Fund balances with the U. S. Treasury 2/
Investments:
Public debt securities (par value)....
Securities of Government enterprises..
Unamortized premium, or discount (-)..
•••......••....
Other securities
Advances to contractors and agents:
Government agencies, . ..•••.•....••..Other
Accounts and notes receivable:
Government agencies. ..•..•...••..
Other (net)
Inventories
Allowance for losses (-).....
Accrued interest receivable:
On public debt securities. ..•••.. .••-..
On securities of Government enterprises
Other
Loans receivable:
Government agencies.
Other: U. S. dollar loans
Foreign currency loans..........
Allowance for losses (-)
Acquired security or collateral (net)....
Land, structures, and equipment..........
Accumulated depreciation (-)...........
Foreign currencies .........•.•••...••....
Other assets (net)
Total assets...... •......»••..• ••*•••••••
LIABILITIES
Accounts payable:
Government agencies. .•...•.*. ...•.••..'
Other
Accrued liabilities:
Government agencies ...................
Other
Advances from:
Government agencies. .....•.........*..
Other
Trust and deposit liabilities:
Government agencies.
Other
Bonds, debentures, and notes payable:
Government agencies.. .................
Other: Guaranteed by the U. S
Not guaranteed by the U. S. . . .
Other liabilities (including reserves)..
Total liabilities
NBI INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S, Treasury..
Other
Noninterest-bearing investment
Capital stock.
Appropriations. ..•.«.•.•.•••......••
Capitalization of assets (net)
•
Other
Accumulated net income, or deficit (-]
Deposits of general and special fund
revenues (-).....*.••..•»..••..••*•••
Total United States interest.
Total liabilities and investment
ANALYSIS OF UNITED STATES INVESTMENT
United States investment... ..............
Accumulated net income, or deficit (-)...
U. S. investment incl. interagency items.
investment excl. interagency items.
Footnotes at end of Table
1,072
i5
294
123,173
1,250
1,548
10
1
3,U2
65,023
63
67
19
3,195
96
3,533,045 17/
420
-228
5_
12
11
i,622
63
127,635
390
3,610,877
1,250
15
207
1,036
6,049
29
63
30,172
117,944
844,291
31 ,020
118,980
850,654
330,000
1,000,000
400
i,500
2,003
-30,893
-1 ,943
-26,398
60
^,622
63
-1 ,943
j,654
400
-12
1
4,500
-30,898
-26,398
60
8,654
60
8,654
1,250
Interagency items:
Due from Government agencies (-)..
Due to Government agencies.......... ...
U. S.
1,086
9,972
118
13
1,078
-26,398
-12
930,223
8,654
338
2.760,223
1,250
127,635
390
3,610,877
1,250
,830,000
930,223
1,250
388
2,760,223
1,250
338
44_
2,760,267
1,250
8,654
2,003
(Continued on following page)
Treasury Bulletin,
124
CORPORATIONS AND CERTAIN OTHER BUSINESS-T^PE ACTIVITIES.
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1964 - (Continued)
(In thousands of dollars)
November 1964
125
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1964
(Cont inued
(in thousands of dollars)
Saint
Lawrence
Seaway
Development
Corporation
Account
Small
Business
Administration
Tennessee
Valley
Authority
Revolving
fund
United States
Information
Agency
Informational
media
guaranty fund
ASSETS
Cash in banks, on hand, and in transit,,.
Fund balances with the U. S, Treasury 2/,
Investments:
Public debt securities (par value)
Securities of Government enterprises,,.
Unamortized premium, or discount (-),,.
Other seciirities, ,.. ....,,,,,,,*,,••.,,
Advances to contractors and agents:
Government agencies,, ,.«,,,,,, ,.,..,,,,
Other
Accounts and notes receivable:
Government agencies. ,..,.,,,,... .,....,
Other (net )
••.,,.,.,..,..,,
Inventories ,,.,....
Allowance for losses (-)
Accrued interest receivable:
On public debt securities,.,.,,,...,.,.
On securities of Government enterprises
Other
Loans receivable:
Government agencies. . .....,,........,,.
Other: U. S. dollar loans
Foreign ciurency loans
Allowance for losses (-)
Acquired security or collateral (net)....
Land, structures, and equipment..........
Accumulated depreciation (-}...........
Foreign currenc ies. . •.......,,,,,,,.....,
Other assets (net )•,, ..•...••. •,•...,,••.
Total assets...... ............. .,,,.....
LIABILITIES
Accounts payable:
Government agencies. •..,••...........•«
Other
Accrued liabilities:
Government agencies. .,.....,•...... .••,
Other
Advances from:
Government agencies. ...................
Other
Trust and deposit liabilities:
,
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Other: Guaranteed by the U. S
Not guaranteed by the U, S
Other liabilities (including reserves),,.
380
31,111
1,923
356,425
121
29
356
113,737
524
137
1,838
42
136
290
9,467
18,609
39,729
-601
8,306
801 ,450
-32,912
3,201
2,318,688
-656,109
129,537
-5,953
1,029
3,143
307,826
,262,537
2,569,145
24.8
235
666
33,132
2,415
46
30,740
124,4i6
1
98
313
1,125
18
1,385
656
2,720
1,104
,
,
Total liabilities.
,,,............
142
2,949
2,312
33,524 6/
.
180,000
12,952
134
232,011
790
NET INVESniEOT
United States interest:
Interest-bearing investment:
Capita 1 stock
••....•..••..•...
Borrowings from the U. S. Treasury..,
Other
Noninterest-bearing investment:
Capita 1 stock.
Appropriations
Capitalization of assets (net)
Other
Accximulated net income, or deficit (-)
Deposits of general and special fund
revenues (-)
'
122,676
15,261 12/
35,000
21,293
866,246
483,754
1
,850,545
49,461
2,841
-16,440
-123,828
352,128 20/
-20,698
121,497
1,229,013
2,337,134
595
124. U6
1,262,537
2,569,145
1,385
Total liabilities and investment.
ANALYSIS OF UNITED STATES INVESMEWI
States investment............,,,,,
Accxmulated net income, or deficit (-)...
137,937
-16,440
1,352,841
-123,328
1,985,006
352,128
21,293
-20,698
1,229,013
2,337,134
595
121,497
-136
30,740
-9,467
3,699
656
2,513
1,259,617
2,331,366
1,251
Total United States interest
Iftiited
S. investment incl. interagency items.
Interagency items:
Due from Government agencies (-).,.....
Due to Government agencies........ .....
U.
1. S.
investment excl. interagency items.
Footnotes at end of Table 8.
124,010
126
nnppnPATTnwR and
m!i?rATii
cmtKR wisTmiss-TYPF: att
Section I - Statements of Financial Cond
3.Table
Intragovernmental Revolving Funds, Jum
(In thouaande of dollars)
November 1964
128
November 1964
129
.CORPORATIONS AKD CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds June 30, 1964 - (Continued)
i
(In thouaande of dollar e)
Interior
Department
Office of
the Secretary
Account
Working
capital f\ind
Justice
Department
Federal
Prison
Industries,
Inc.
Labor
Department
Office of
the Secretary
Working
capital fund
Treasury Department
Bureau of
Engraving
and
Printing
General
Services
Alrainistration
United States
Coast Guard
Supply
fund
Yard
fund
Buildings
management
fund
ASSETS
Gash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury 1/.
Investment s
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities (net)
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Govemment agencies
Other (net )
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On secxirities of Government enterprises
Other
Loans receivable:
Government agencies
Other
Allowance for losses (-)
Acquired security or collateral (net).
Land, structures, and equipment
Accumulated depreciation (-)
Other assets (net)
134
74
6,703
1
332
5,334
2,715
6,147
333
38,033
,
2,900
13
,
297
123
2,844
105
2,562
1,517
21
1
3
33
567
47
11,948
147
7,616
6,857
-263
4,079
-99
-11
Total assets
LIABILITIES
Accounts payable:
Government agenc ies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
12,921
-6,714
13,511
310
73,966
15,320
-11,393
4il_
285
-135
24,222
-8,341
131
1
36,587
-13,731
465
703
37,601
339
38,828
10,862
17,000
133,478
32
695
1,294
83
125
14
1,102
1,263
769
288
1,733
23,626
63
167
1,113
73
533
-279
^3
369
198
7,360
166
551
2
74
511
90
1,686
198
2,671
530
4,706
300
187
6,106
310
19
28,824
487
310
34,190
19
6,106
28,824
506
34,930
310
-297
32
-2,844
852
240
32,938
157
15
4,411
122
64
Other:
Guaranteed by the United States
Not guaranteed by the United States.,
Other liabilities (including reserves)..,
Total liabilities
NET INVESTMENT
United States interest:
Interest -bearing investment:
Capital stock
Borrowings from the U. S. Treasury..
Other
Noninterest-bearing investment
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-)
Deposits of general and special fund
revenues (
93
,
ANALYSIS OF UNITED STATES INVESIHEWT
United States investment
Accumulated net income, or deficit (-)...
,
Total United States investment including
interagency items
Interagency items:
Due from Government agencies (-)
Due to Government agencies
Total United States investment after
exclusion of interagency items
Footnotes at end of Table 8.
698
102.347
2,032
9,099
132,117
8,812
7,908
3,500
4,916
-7,953
18
-7
8,812
18
7,908
462
-7
899
34,121
8,830
7,901
1,361
-105
249
-2,565
732
-1,517
1.263
-567
7.770
-16,411
454
32.288
8.576
15.1Q4
-8.906
(Continued on following page)
3,250
22,001
8,939
-69
I
Treasury Bulletin
130
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Punde* June 30, 1964 (In thousands of dollars)
(Continued)
November 1964
131
CORPORATIONS AND CERTAIN OTHEK BUSINESS-TYPE ACTIVITIES
Section 1 - Statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1964 - Part A
l/
(In thousands of dollars)
Agency for International
Development
Total
Account
1/2/
Foreign
currency loans
Private
enterprises 2/
U.S. dollar
and foreign
currency
loans
Agriculture Department
Farmers'
Home
Administration {J
Commerce Department
Rural
Electrification Administration
Maritime
Administration
Inland
Waterways
Corporation
loans in
liquidation
ASSETS
1,005
Cash in banks, on hand, and In transit...
Fund balances with the U. S. Treasury l'
Investments;
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities
Advances to contractors and agents:
Government agencies.
Other
Accounts and notes receivable:
Government agencies. . ..................
Other (net )
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities,
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other: U. S. dollar loans..............
Foreign currency loans. .........
Allowance for losses (-)
Acquired security or collateral (net)....
Land, structures, and equipment..........
Accumulated depreciation (-)...,,.,...•
Foreign currencies, . •.,•,••.,,••••«,,.•,•
Other assets (net).
9,834,315
3,195,298
-12,629
108
7,864,379
-3,786,580
760,223
1,892,965
Total asset s
39,962,580 2/
LIABILITIES
Accounts payable:
Government agencies, ,,,,,,...........,,
Other
Accrued liabilities:
,,
Government agencies.
Other
Advances from:
Government agencies,. .,,...
Ot her
Trust and deposit liabilities:
Government agencies.
Other
Bonds, debentures, and notes payable:
Government agencies. ...................
Other: Guaranteed by the U. S
Not guaranteed by the U, S
Other liabilities (including reserves)...
Total liabilities
NET INVESmENT
United States interest:
Interest-bearing investment:
.....,.....,,,,,
Capital stock.
Borrowings from the U, S, Treasury,..
Other
Noninterest-bearing investment:
Capital stock...............
•
Appropria t ions
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-). .....•.,.,,•,.....,..•,•>
4,2U,296
6,547
49,234
288
20,096
16
95
9
3
72
8,211
2,219
315
279,599
4,5«
5,U1,802
7,708
62
U,386
196,631
2,058,212
7,077,520
162,661 6/
1,491
5
125
38
725,472
U2,885
2,016
39,483
5,888
147,035
1,605,144
3,091,259
532,157
3,869,276
104,040
-3,539
108
2,339
-9,090
-1
243,594
9_
349,658
773
-355
3,750
4,327,064 1/
-3,650,303 3/
12,662
45,06i^
13
5,466,789
636,632
4,023,120
1,080,088
36
130
72
43
1,364
21,398
546
18
373
117,453
7U
9,603
11,237
127,180
206
99,iD8
516,629
118,310
538,
,
150
1,4U
3,900
42,503
42,505
28
27,812
18,591
731
W6
992
1,072
53.338 10/
5.660
1.361
3.818
1,033,465
62,942
9,539
1,871
88.055
5,055,370
735,329
491,620
3,828,421
320,516
-1,358
-119,768
3,448,571
2,563,992
-3,631
-4,045,279
149,088
25,268,162
2,716,759
11,797,964
-3,301,088
412,607
5,334,784
-19,574
-103,800
32,714
703,976
-6,983
-5,660
-302,569
-2,608,052
-43.375 13/
-595.181 11/
-253.290
rl .^feZ
-1.071.621
5./.n3.848
3.900
3.900
349,658
4.028,120
1.080,088
39,962,
5.466,789
627,094
636,632
892.033
38.929.115
349.658
369,232
-19.5-74
5,371,133
32.714
929,663
-302.569
4,146,017
-11Q-768
4,937,312
-4,045,279
3,900
42,230,203
-3,301,088
38,929,115
349,658
5,403,848
627,094
4,026,249
892,033
3,900
S. investment incl. interagency items.
Interagency items:
Due from Government agencies (-).......
Due to Government agencies
investment excl. Interagency items.
38,199,163
Total United States interest
Total liabilities and investment
ANALYSIS OF UNITED STATES INVESIMEwf
United States investment.,,..,
Accumulated net income, or deficit (-)...
U.
U. S,
Footnotes at end of Table
3.
-929,811
199,864
-162,661
9.603
-134
44.313
936.212
(Continued on following page)
3,900
3.900
132
nr
November 1964
133
.
CORPORATIONS AND CERTAIN OTHER BUSINESS-T-ffE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Cert aln Other Activities, June 30, 1964 - Part A i/- (Continued!
(In thousands of dollars)
Justice
Department
(Continued)
Account
-
Legal
activities
and general
administration
Treasury
Department
Miscellaneous
loans and
certain other
assets
ASSETS
Cash In banks, on hand, and In transit,..
Fund balances with the U. S, Treasury V,
Investments:
Public debt securities (par value)...,.
Securities of Govemment enterprises.,.
Unamortized premium, or discount (-).,,
..•.....,•.•••.•.
Other securities
Advances to contractors and agents:
........•.,..•
Government agencies.
Other
Accounts and notes receivable;
Government agencies ,•.•».•.,.,•.••.....
Other (net )
Inventories
Allowance for losses (-)....,.....
Accrued interest receivable:
On public debt securities....,,,,.. ,,.
On securities of Government enterprises
Other
Loans receivable:
,...,.,.. ,..,..
Government agencies
Other: U. S. dollar loans
Foreign currency loans.,..,,,,,.
Allowance for losses (-)
Acquired security or collateral (net)....
Land, structures, and equipment......,, ••
Accumulated depreciation (-),.,,.•,...•
Foreign currencies, .......•,,,,,,,.,•,«,,
Other assets (net)
,.,.,,,.,,,,,
.,.••
Total assets,,.,..,
LIABILITIES
Accounts payable:
Government agencies,,, ,,,•.., ,,,••,,>••
•
Other
Accrued liabilities:
Government agencies. ,,, ••..,•,,,,,•••,.
Other
Advances from:
Government agencies, . . .,.,.,. ••••,..,••
Other
Trust and deposit liabilities:
Government agencies........ •.,.•.
Other
Bonds, debentures, and notes payable:
Government agencies, ..••...,..,,»••••,,
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves),,.
Total liabilities
NSr INVESTMENT
United States interest:
Interest- bearing Investment:
Capital stock........,,, ..,,., •••**••
Borrowings from the U, S. Treasury...
Other
Noninterest-bearlng investment:
,..,.
Capital stock.
Appropriations
......•.....•*...,
Capitalization of assets (net)....,,.
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)............•...•••••,•,••
Total United States interest
Total liabilities and Investment.........
ANALYSIS OF UNITED STATES INVESMENT
United States investment.. •...••....,•.*
Accumulated net income, or deficit (-).,•
investment incl. Interagency items.
Interagency items:
Due from Government agencies (-),,...,,
Dae to Government agencies.,.,.....,,..
U. S.
U.
S.
investment excl. Interagency Items.
Footnotes at end of Table S.
67
6,994
5,441,802
iy
22
23
A9
-
1,949
6,533
5,139
220,472
225,611
232,144
1,994,936 16/
General Services Administration
Public Works
Administration (in
liquidation)
Strategic
and critical
materials
All
other
lA/
National
Aeronautics
and Space
Administration
Civil
Service
Commission
.
Treasury Bulletin
134
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
4.Certain Other Activities, June 30, 1964 - Part A i/- (Continued)
Table
(In thousands of dollars)
November 1964
135
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1964 - Part A i/- (Continued)
(in thousands of dollars)
Small Business Administration
Selective
Service
System
Salaries
and
expenses
Grants for
research
management
counseling
Consolidated
working
fund
Trade
adjustment
loan
assistance
ASSETS
Cash in banks, on hand, and in transit, ,,
Fund balances with the U. S. Treasury ^.
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities.
Advances to contractors and agents:
Government agencies..
Other
Accounts and notes receivable:
Government agencies............. .......
Other (net )
Inventories.
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Govemment enterprises
Other
Loans receivable:
Government agencies.
Other; U. S. dollar loans
Foreign currency loans... .......
Allowance for losses (-)
Acquired security or collateral (net)....
Land, structures, and equipment..........
Accumulated depreciation (-)....,......
Foreign currenc ies.. ....•..••.•.•.••••..
Other assets (net )......... .......... ••.Total assets.
LIABILITIES
Accounts payable:
Government agencies.
Other
Accrued liabilities:
Government agencies.
Other
Advances from:
Government agencies.
Other
Trust and deposit liabilities:
..<
Government agencies.
Other
payable:
Bonds, debentures, and notes
Government agencies. ...................
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)...
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capita 1 stock
Borrowings from the U. S. Treasury..
Other
Noninterest-bearing investment:
Capital stock..........
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-)
Deposits of general and special fund
revenues (-)...... ......•......-*...•
Total United States interest
Total liabilities and investment
ANALYSIS OF UNITED STATES INVESTMEOT
United States investment.................
Accumulated net income, or deficit (-).••
investment incl. interagency items.
Interagency items:
Due from Government agencies (-).......
Due to Government agencies.............
U. S. investment excl. interagency Items.
U. S.
Footnotes at end of Table
3,952
2,763
254
77
1,500
69
128
5
7,872
-4,682
2,2A2
7, 142
5,207
49
254
127
254
66
254
77
1,500
127
2,878
9
49
1,589
50
936
146
3,953
2,856
2,877
3,190
84
2,242
l,02i
3
1,500
49
25
-2,877
3,190
2,351
7,142
5,207
6,067
-2,377
2,351
3,190
2,351
1,02A
-128
1,112
i,214
3,335
254
50
1.500
127
1,500
50
1,500
50
1,500
10
60
1,500
136
rr
November 1964
137
,
CORPORATIONS AND CERTAIN OTHEE BUSINESS-T^PE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1964 - Part BV- (Continued)
(In thousands of dollars)
Agriculture
Department { Continued)
Account
Bureau of
the Census
Other
ASSETS
Cash In banks, on hand, and in transit...
Fund balances with the U. S. Treasury 2/.
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-),,.
Other securities
Advances to contractors and agents:
Government agencies. ,
Other
Accounts and notes receivable:
Government agencies.
Other (net )
Inventories....
Allowance for losses (-)
Accrued interest receivable;
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other: U. S. dollar loans
Foreign currency loans..........
Allowance for losses (-)
Acquired security or collateral (net)....
Land, structures, and equipment........ ••
Accumulated depreciation (-).,.,-.*....
•Foreign currencies.
Other assets (net).
Total assets.......
LIABILITIES
Accounts payable:
Government agencies.
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities;
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)...
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
•.........•..•Capital stock
Borrowings from the U. S. Treasury...
Other
Noninterest-bearing investment;
Capital stock...............
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-).........
Total United States interest.
Commerce Department
Coast
and
Geodetic
Survey
Weather
Bureau
79,886
18
,610
37,108
38,404
28,586
1,176
26
48
85
140
326
28
286
1,731
5,340
329
10
2,695
3,398
5
1,612
279
361
Defense
Department
Bureau
of Public
Roads
6/
14
25,568
198
509
362
Other
2/
Civil
defense
246,461
112,412
739
375
17,267
7,875
1,050
467
625
135
115
13
27,527
-10,963
37,439
-16,944
38,802
-513
19,367
-1,856
11,335
120,217
25,857
74,262
1.^9,736
44,165
266,731
i,133
1,742
520
2,917
451
2,935
3,851
7,727
875
7,759
-lU
5,655
38
23
5,352
150
43
590
1,535
189
2,987
1,593
1,054
1,202
585
126
10,312
2,305
2,007
6,213
397
79,42/>
3,148
6,105
19,557
6,645
82,625
3,164
35,046
81,036
57,993
17,873
7,527
-49,360
14,545
33,111
39,142
40.792
17.709
68.157
120.178
139.736
2
218,648
10,113
3,00i
10,796
75
80,842
324
i9,360
4,3U
a3
324
226,282
45
12,991
112,412
37.520
239.318
218.323
44,165
266,731
218,648
-38,346
27,
105,911
^
Total liabilities and investment
120.217
25.857
74.262
ANALYSIS OF UNITED STATES INVESTMEW
United States investment
Accumulated net income, or deficit (-)...
63,157
120,178
75,866
-38.346
218,323
17,709
239,318
90,152
-49,360
68,157
120,178
37, 520
218,323
40,792
17,709
239,313
investment incl, interagency items.
Interagency items;
Due from Government agencies (-).......
Due to Government agencies...
-326
1,725
-1,731
1,036
-5,425
5,428
-198
-1,789
13,695
-17,402
-30,198
56,572
120,182
37,322
200,921
67,166
67,463
251,224
investment excl. Interagency items.
U, S,
U. S.
Footnotes at end of Table S.
(Continued on following page)
138
or
November 1964
139
CORPORATIONS AND CERTAIN OTHEE BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1964 - Part Bi/-
(Continued)
(In thousands of dollars)
Interior Department
Bureau
of Land
Management
Bureau
of Indian
Affairs
National
Park
Service
Office of
Territories
Geological
271
10,382
Survey-
Bureau
of
Mines
Fish and
Wildlife
Service
12/
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury 2/.
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities
Advances to contractors and agents;
Government agencies
Other
Accounts and notes receivable:
Government agencies,
Other (net )
Inventories.
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable;
Government agencies.
Other: U. S. dollar loans
Foreign currency loans..........
Allowance for losses (-)
Acquired security or collateral (net)....
Land , structures , and equipment
Accumulated depreciation (-)....-..•..•
Foreign currencies.
Other assets (net)
Total assets.......
LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies.
Other
Advances from:
Government agencies. ...................
Other
Trust and deposit liabilities:
Government agencies.. ..................
Other
Bonds, debentures, and notes payable:
Government agencies. ...................
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)...
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
,.............*
Capital stock
Borrowings from the U. S. Treasury...
Other
Noninterest-bearing investment:
Capital stock. ....•...•..••.
Appropriations.
••
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-),
Deposits of general and special fund
revenues (-)
Total United States interest
21,893
investment inol. Interagency items.
Interagency items:
Due from Government agencies (-)
Due to Government agencies.............
U. S.
U. S.
investment excl. interagency items,
Footnotes at end of Table
8.
57,194
12,237
80,579
16
285
107
18
308
1,048
38
723
225,877
641
-12
10,353
69
13,779
623
1,133
71
281
66
1,882
103,670
530
1,273
731
2,761
2,824
12,919
-1 ,678
12
2,608
47,797
59,474
40
13,390
1,983,447
2,879
75,005
72,199
321 ,939
7,411
114
2,606
10,533
2,965
,754,968
-8,233
95,79i
300,790
117,105
176,739
1<i2,511
593,785
3,659
13,579
1
103
14,803
12,745
1,801
48
2,812
162
7
477
1,065
1,696
378
4,772
29,629
836
24,335
3,398
414
U
28,830
17,391
14,766
163
23,773
34,705
53,430
43,714
107
7,554
78,976
522,964
1,932,053
2,608
43,677
-73
-44
67,427
292,310
5,510
1
7,822
-7,086
48,521
55,129
1,168
-37,317 4/
73,121
200,181
32,198
-13,146 4/
576,394
1,968,681
2,715
51,232
1.983.U7
2,879
75.005
72.199
321.939
593.785
113,681
576,394
1,968,681
2,715
51,232
104,744
-37,317
305,456
-13,146
1,968,681
2,715
51,232
292,310
576,394
67,427
113,681
-3,015
3,398
1,801
48
-2,761
5,418
-107
742
-1 ,048
-10,353
836
2,763
53,888
68,062
104,164
1,970,412
292 ,965
576,777
113,681
Total liabilities and investment
ANALYSIS OF UNITED STATES INVESMEW
United States investment.................
Accumulated net income, or deficit (-)...
68,383
-71
(Continued on following page)
1,703
~
uo
i964
y^ovember
Ui
CORPORATIONS AND CERTAIN OTHEE BUSINESS-TXPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, June 30. 1964 - Part B j/- (Continued)
(In thousands of dollars)
Treasury Department - (Continued)
Internal Revenue Service
Bureau
Bureau
of
Customs
Revenue
accounts
Administrative
accounts
of the
Mint
United
States
Coast
Guard
Other
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury 2/.
Investments:
Public debt securities (par value).....
Securities of Government enterprises...
Unamortized premium, or discount (-)..,
Other securities
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies.
•
Other (net )
Inventories
•
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other: U. S. dollar loans
Foreign cxorrency loans..........
Allowance for losses (-)..••••.......
Acquired security or collateral (net)....
Land, structures, and equipment.
7,865
7,223
LIABILITIES
Accounts payable:
Government agencies.
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies.
Other
Trust and deposit liabilities:
Government agencies. ........ ...........
Other
Bonds, debentures, and notes payable:
Government agencies. ...................
Other: Guaranteed by the U. S
Not guaranteed by the U. S. .....
Other liabilities (including reserves)...
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capita 1 stock
Borrowings from the U. S. Treasury...
Other
Noninterest-bearing investment:
Capital stock.
Appropriations
Capitalization of assets (net)..
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-).....
14,
U2
23
46,766
12, 564
119,382
57,497 16/
130,642
176
48
737
67
515
8,957
1,979,809
25
842
10
399
7,279
2,030
1,114
783
951
57,292
-1,887
198
10,6
40,531
Accumulated depreciation (-).....,.,..
Foreign currencies. . .....................
Other assets (net).............
Total assets
U3,212
16,253
-4,283
874,905
17,343
-3,2U
2,108,844 17/
162,332
9,584
1,505
35,343
2,147,244
90,837
25,658
1,060,935
2,855,357
23
38,954
2,260
21,961
264
364
4,825
9,459
5,588
4,998
4,315
239
624
37,345
250,012
10,811
285
1,451
11,749
3,968
1_
5,215,979 18/
2,425
1,504
10,263
15,630
2,399
1,180
10,667
11.917
8,582
132.553
58.103
711
16,502
5,397,750
100,354
13,185
67,042
286, 578
6,152
1,036
97,644
896,250
109,448
-15,668
11,437
917
2,299,533
159,797
17,925
-3,250,506 12/
18,841
-3.250.506
-9.517
12.472
993.893
2,568,778
35,343
2.147.244
90.837
25.658
1.060.935
2.855.357
United States investment......
••...
Accumulated net income, or deficit (-)...
18,841
-3,250,506
-9,517
12,472
993,893
2,408,981
159.797
investment incl, interagency items.
Interagency items:
Due from Government agencies (-).......
Due to Government agencies.............
18,841
-3,250,506
-9,517
12,472
993,893
2,568,778
-515
2,448
38,954
-890
17.890
-4
1,444
-8,062
52,981
-53
257,290
Investment excl. interagency items.
20,774
-3,211,552
7,484
13,913
1,038,812
2,826,015
Total United States interest
Total liabilities and investment.........
AMLYSIS OF UNITED STATES INVESIMEOT
U. S.
U.
S,
Footnotes at end of Table
8.
Atomic
Energy
Commission
142
November 1964
H3
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 5.- Certain Deposit Funds, June 30, 1964
(In thousands of dollars)
Farm Credit Administration
Banks
for
cooperatives
Federal
intermediate
credit
banks
Federal
Deposit
Insurance
Corporation
Federal Home
Loan Bank
Board
Federal home
loan
banks
ASSETS
Cash in banks, on hand, and in transit
Fund balances with the U. S. Treasury l/.
Investments:
Public debt securities (par value)
Securities of wholly owned Govt, enterprises.
Unamortized premium, or discount (-)
Other securities
Advances to contractors and agents:
Government agencies
Other
Inventories
Allowance for losses (-).
Accounts and other receivables:
Government agencies
Other (net)
Loans receivable:
Government agencies
Other
Allowance for losses (-)
Acquired security or collateral (net)
Land, structures, and equipment
Accumulated depreciation (-)........
Other assets (net)
Total assets
/i,
108,287
73,750
12,425
1
12,472
143
3,607
83,158
69,999
896, 275
44,459
111,331
2,937,229
1,803,256
-32,267
li,410
-334
-570
-17,968
-13,396
14,410
232
42
i2
14
5
105,517
10,918
9
43,416
26,846
24,337
2,507,279
955
-953
4,768,898
8,311
500
500
8,036,337
-10,986
759,205
-10,033
38
U,893
38
659
-531
408
1,261
-887
1,323
10,099
3,063
13,215,623
817,719
2,675,769
2,968,410
6,753,725
57,790
10,231
-l,il3
LIABILITIES
Accounts and other payables:
Government agenc ies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agenc ies
Other: Guaranteed by the United States
Not guaranteed by the United States.
All other liabilities (including reserves)...
Total liabilities
5,217
1,874
99,595
5,550
3,094
35,354
249
900
143
1,153,640
13
729
12
136
118
42
1
500
500
4
7,094,960
225,721
524,825
1,423
2,368,815
3,956
210,606
8,579,775
534,413
2,411,867
211,916 2/
1,353,533
242,683
92,419
70,485
59,853
41,312
1,596,216
162,904
101,165
NET INVESTMENT
Private interest:
Capital stock
Accumulated net income, or deficit (-).
Total private interest.
United States interest:
Interest-bearing Investment
Capital stock
Borrowings from the U. S. Treasury
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-)
Deposits of general and special fund revenues (-)
Total United States interest
Total liabilities and investment
201,500
80,911 3/
2,838,132
39,491
42,147
2,756,494
3.039.633
120,402
162,737
2,756,494
817,719
2,675,769
2,968,410
13,215,623
201,500
2,838,132
80,911
39,491
120,589
42,147
2,756,494
2,756,494
ANALYSIS OF UNITED STATES INVESTMENT
United States investment
Accumulated net income, or deficit (-)
120,589
Total U. S. investment including interagency items.
Interagency items:
Due from Government agencies (-)
Due to Government agencies
3,039,633
120,402
162,737
-514
5,860
-505
1,386
3,606
-9
367
3,044,978
121,733
166,343
2,756,852
Total U. S. investment excluding Interagency items.
1/
2/
3/
V
See Table 1, footnote 4.
See Table 2, footnote 6.
Includes $13,887 thousand in process of retirement.
The surplus is not available by law for dividend distribution
V
Treasury Bulletin
144
nnppfiPATTnNR Aim mrRi'AiN (ymw.u PTKrmrcici.rpvPi
Section I - Statements of Financial
Table 6.- Certain Trust Revolving Funds,
(In thousands of dollars)
C(
Ji
i
November 1964
U5
-CORPORATIONS AND CERTAIN OTHER BUSINESS-TYFE ACTI.aTIES.
Section I - Statements of Financial Condition
Table 6,- Certain Trust Revolving Funds, June 30, 1964 - (Continued)
(In thousands of dollars)
General
Services
Admlni s t rat ion
Account
National
Archives
trust fund
Cash in banks, on hand, and in transit
Fund balances with the U. S. Treasury j/ .
Investments:
Public debt securities (par value)
Securities of Government enterprises
Unamortized premium, or discount (-)
Other securities
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agenc ies
Other (net )
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises..
Other
Loans receivable:
Government agencies
Other
Allowance for losses (- )
Acquired security or collateral (net)
Land, structures , and equipment
Accumulated depreciation (-)
Other assets (net)
.
!
Federal National
Mortgage Assoc.
Secondary
market
operations
Civil Service Commission
Employees
health
benefits
fund
Employees
life
insurance
fund
Retired
employees'
health
benefits
fund
Federal
Communications
Comniission
International
telecommunication
settlements
ASSETS
i
'
Housing and Home
Finance Agency
Total assets
21A
8,179
102
7,939
3,U5
1,872
53,028
352,910
100
-285
-7,054
lU
12,273
19
4,986
-3
21
8,961
2,076
31,
156
H,264
9
5
401
3,002
43
-15
27
-19
11
-3
2,008,240
92,263
378,552
1,991
175
23
37,273
15,000
74
108
1,620
20,969
173
55
41
1,173
59
91
8,804
2,020,957
-58,719 7/
7,503
139
-25
5,400
541
LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
22,229
Other:
Guaranteed by the United States
Not guaranteed by the United States.
Other liabilities (including reserves),.
10
1,698,902
13,775
195
494
390
Total liabilities
39
1,757,518
37,640
15,549
1,678
108
25,943
54,623
363,003
313
67
116,796
54,623
363,003
313
67
1,991
175
NET INVESTMENT
Trust interest:
Principal of fund
Capitalization of assets (net)
Accumulated net income, or deficit (-).
502
502
Total trust interest.
Dnited States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury.
Other
Noninterest-bearing investment
Capital stock
90,853
.
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-),
Deposits of general and special fund
revenues (-).
Footnotes 1 through 6 on preceding page.
7/ Represents unrealized purchase discounts.
»
Less than $500.
4,460
88,000
U,465
U6
.
nnRPfiPAT'TnNS and
f
khvember
1964
14-7
,
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 7.- Loans Outstanding June 30, 1964
Excluding Interagency Loans and Those Made by
Deposit and Trust Revolving Funds, Classified by Types of Loans - (Continued) v
,
{
In thousands of dollars)
United States dollar loans
Type of loan and lending agency
Total 2/
To aid industry (Continued)
Public enterprise
revolving funds
Certain other
activities
Foreign
currency
loans 2/
:
Other loans (Continued):
Other purposes (Continued):
Housing and Home Finance Administrator:
Liquidating programs
Interior Department:
Bureau of Commercial Fisheries:
Fisheries loan fund
Office of Minerals Exploration
Small Business Administration:
Revolving fund (lending operations)
Treasury Department:
Civil defense loans
Reconstruction Finance Corporation liquidation fund
Total to aid industry
,
4,183
4,183
5,611
901
5,611
711,118
711,118
5i7
169
547
169
95i,397
839,822
901
114,575
To aid education:
Education, and Welfare Department:
to institutions and nonprofit schools,
to students in institutions of higher education.
to students ( World War II)
Housing and Home Finance Administrator:
College housing loans
Health,
Loans
Loans
Loans
Total to aid education
Territories, etc.;
Commerce Department:
Area Redevelopment Administration:
Area redevelopment fund
General Services Administration:
Public Works Administration (in liquidation)
Health, Education, and Welfare Department:
Public Health Service
Housing and Home Finance Administrator:
Public facility loans
Liquidating programs
Urban renewal fund
Interior Department:
Bureau of Reclamation
Office of Territories:
Alaska public works
National Capital Planning Commission
Public Housing Administration
Treasury Department:
Miscellaneous loans and certain other assets
5,052
404,075
5,052
404,075
5
5
1,700,316
1,700,316
2,109,U7
1,700,316
9,507
9,507
409,131
To aid States,
Total to aid States, Territories,
etc
Foreign loans:
Military assistance credit sales:
Defense Department:
Air Force Department
Arn^ Department
Navy Department
Other purposes:
Agency for International Development:
Alliance for Progress, development loans
Development loans,
Development loan fund liquidation account
Loans to United States firms and domestic or foreign
firms in foreign countries
All other loans
Commerce Department:
Maritime Administration
Export-In^jort Bank of Washington:
Regular lending activities
Treasury Department:
Miscellaneous loans and certain other assets
Total foreign loans
Footnotes at end of table.
59,268
59,268
4,122
4,122
148,395
6,870
151,013
148,395
6,870
151,013
78,298
78,298
16,289
1,159
47,439
16,289
1,159
47,439
102,953
102,953
625,313
363,224
262,089
34,994
114,761
84,605
34,994
114,761
84,605
301,406
983,495
255,689
301,406
983,495
255,689
1,074,768
1,605,144
1,605,144
3,569
3,569
3,533,045 7/
3,533,045 2/
3,154,308
3,154,308
10,071,014
5,073,635
(Continued on following page)
4,997,379
y
104,040 6/
3,091,259 b/
4,270,067
Treasury Bulletin\
IA&
.CORPORATIONS AND CERTAIN OTHER BUSINESS-T'XPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 7.- Loans Outstanding June 30, 1964, Excluding Interagency Loans and Those Made by
i/
Deposit and Trust Revolving Funds, Classified by Types of Loans - (Contlnuedl
(
In thousands of dollars)
United States dollar loans
Type of loan and lending agency
Total 2/
Other loans;
General Services Administration:
Surplus property credit sales and liquidation activitiei
Housing and Home Finance Administrator:
Housing for the elderly
Liquidating programs
Interior Department:
Bureau of Indian Affairs:
Loans for Indian assistance
Revolving fund for loans
Office of Territories:
Loans to private trading enterprises
Public Housing Administration
Small Business Administration:
Revolving fund (lending operations)
State Department:
Loans to United Nations
Treasury Department:
Federal Farm Mortgage Corporation liquidation fund
Miscellaneous loans and certain other assets
Veterans' Administration:
Insurance appropriations policy loans
Service-disabled veterans' insurance fund
Soldiers' and sailors' civil relief
Veterans' special term insurance fund
Vocational rehabilitation revolving fund
Total other loans
Total loans
93,282
52,
a3
6,912
Public enterprise
revolving funds
Certain other
activities
Foreign
currency
loans 2/
November 1964
U9
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 8.- Loans Outstanding by Periods for All Business-Type Activities
Excluding Interagency Loans but Including Foreign Currency Loans
Part A.- Classified by Types of Loans
(In millions of dollars)
To aid agricultxire
Total
1/
End of
period
Fiscal years;
1955
1956
1957
1958
1959
I960
1961
1962
1963
,
,
196i
Calendar years;
1955
1956
1957
1958
1959
1960
1961
1962
1963
,
,
,
,
,
Current quarters;
1962-September 30
1963-Maroh
31
September 30
1964.-March
31
Total
to aid
agriculture
Agricultural
credit
corporations
,
,
,
,
,
,
Calendar years;
1955
1956
1957
1958
1959
I960
1961
1962
1963
Current quarters;
1962-September
1963-March
September
1964-March
,
,
,
,
,
,
30
31
30
31
Footnotes on page 153.
Farm
mortgage
loans
6,361.7
6,789.6
6,827.5
6,913.4
8,489.7
7,797.5
8,428.3
9,793.0
10,872.8
11,743.9
844.6
894.4
996.5
1,227.0
1,547.4
1,697.8
1,832.2
1,998.6
2,293.5
2,507.3
2,604.4
2,774.4
2,979.3
3,191.6
3,509.3
3,748.2
3,974.4
4,231.0
4,413.8
4,656.6
2,234.0
2,452.9
2,089.2
1,688.2
2,526.9
1,360.7
1,532.3
2,272.6
2,623.7
2,839.0
20,506.3
21,091.5
22,755.6
25,851.1
28,277.7
31,122.6
34,849.2
37,728.2
40,421.0
6,715.4
6,785.4
6,681.1
8,684.9
7,762.5
8,299.5
9,453.1
10,376.5
11,289.6
686.5
733.6
928.8
1,160.5
1,396.4
1,502.0
1,651.2
1,841.9
2,100.0
2,721.7
2,954.1
3,152.0
3,394.2
3,715.4
3,948.3
4,168.0
4,350.7
4,649.0
1,840.7
3,333.9
1,752.8
1,871.3
2,486.2
2,816.9
2,982.3
596.4
239.8
357.5
399.5
484.3
530.4
608.5
768.2
931.0
41.2
366.2
401.9
396.7
413.5
36,043.4
37,867.8
38,067.4
40,783.2
9,422.7
11,440.8
10,131.8
12,002.5
2,015.1
2,006.5
2,322.7
4,267.8
4,436.7
4,495.6
4,674.2
1,772.6
3,514.9
1,731.2
3,415.7
726.2
797.6
891.9
950.7
6a.
Total
to aid
industry
Fiscal years;
1955
1956
1957
1958
1959
I960
1961
1962
1963
1964
commodity
loans 2/
Total
to aid
home
owners
19,420.5
20,547.5
21,812.9
22,893.4
27,510.7
29,568.3
31,527.1
36,154.9
38,141.8
41,630.0
2,2a.
Loans to
railroads
425.8
393.2
408.6
455.2
438.5
626.9
639.6
654.2
716.8
753.6
727.7
876.1
903.0
954.4
12.7
12.7
12.3
27.8
221.0
218.6
191.0
173.8
155.2
136.8
120.7
120.6
108.9
678.3
619.3
673.9
679.9
732.8
748.0
797.9
917.8
938.5
11.2
12.5
10.3
7.8
7.4
7.0
32.7
32.3
31.7
260.7
219.3
216.8
186.6
165.7
151.4
128.2
114.7
114.4
406.5
387.5
446.9
485.5
559.7
589.6
637.0
770.8
792.4
892.0
879.8
906.8
948.8
32.5
32.3
31.7
31.1
117.3
122.9
116.9
112.6
742.2
724.7
758.2
805.1
8.0
7.
7.
6.
32.
32.
2,U1.6
992.6
U.6
392.5
448.2
447.3
452.0
486.1
530.9
629.1
703.8
748.4
U7.5
539.2
598.8
627.3
685.0
690.4
720.5
3,094.8
3,377.7
4,380.5
4,628.2
5,872.7
7,563.6
7,763.2
8,340.6
7,050.3
6,699.2
3,094.6 2/
3,302.7
4,276.0
4,473.5
7,247.0
7,371.9
7,874.2
6,685.8
6,243.9
74.9 2/
104.5
154.7
231.1
316.6
391.3
466.4
364.5
455.3
3,204.4
3,771.4
4,768.6
4,860.3
6,735.1
8,032.2
8,248.3
8,244.8
6,910.5
3,204.1 2/
3,683.1
4,642.0
4,671.8
6,462.1
7,679.1
7,807.9
7,814.9
6,486.9
88.3 2/
126.6
188.5
273.0
353.1
440.4
429.9
423.6
8,265.2
7,818.2
6,892.8
6,848.3
7,810.5
7,407.0
6,522.3
6,395.4
454.7
411.1
370.6
453.0
5,6a.
.2
.3
535.5
591.3
584.2
722.5
750.2
817.7
1,019.2
1,180.6
1,086.6
933.7
1,538.9
1,801.5
1,915.6
2,768.2
3,270.8
4,769.9
l,a9.0
1,235.5
1,272.3
1,300.6
2,136.1
2,027.3
2,708.3
3,480.0
4,785.2
3,047.3
2,5U.6
4,025.2
4,169.0
To aid
States,
Territories,
Foreign
loans
Other
loans
Mortgage
loans
companies
To aid
education
1,013.5
1,173.4
1,079.4
929.5
1,537.1
1,769.8
1,869.4
2,767.1
3,269.8
4,768.9
81.7
113.2
209.8
374.9
585.7
830.4
1,088.8
1,393.5
1,771.4
2,109.4
255.2
226.8
243.0
270.9
310.0
348.9
402.8
528.1
591.4
625.3
8,032.4
8,171.6
8,300.2
9,046.2
9,924.7
10,266.8
10,991.2
12,196.3
13,339.6
U, 341.1
136.9
61.1
125.7
71.9
72.3
205.9
209.5
259.1
342.6
386.8
6.6
7.3
7.2
2.3
1.8
46.5
46.1
1.0
1.0
l,a2.4
91.6
147.3
274.4
450.4
682.8
958.6
1,233.9
1,599.2
1,931.1
2U.9
1,228.2
1,265.2
1,298.3
2,134.3
1,980.8
2,662.2
3,479.0
4,784.2
246.0
264.0
293.4
318.8
369.1
423.1
630.7
654.8
7,988.3
8,223.5
8,753.7
9,509.7
9,840.0
10,483.6
11,753.9
12,159.7
13,552.4
164.4
63.1
67.6
72.0
69.5
204.2
230.8
319.4
359.0
1.0
1.0
1.0
1.0
3,046.3
2,513.6
4,024.2
4,168.0
1,521.6
1,700.1
1,862.8
2,050.6
565.2
643.6
643.8
618.5
12,073.7
12,549.5
13,258.4
13,771.4
255.7
321.3
345.9
374.2
Total to
aid financial
institutions
Ship
mortgage
loans
V
2,669.7
634.1
275.3
314.2
359.2
454.0
504.5
558.5
661.6
838.0
Mortgage
loans
To aid financial institutions
To aid industry
End of
period
Cooperative
associations
To aid home owners
Crop, livestock, and
5.6^
7.2
7.2
4.2
1.8
31.7
46.1
1.1
1.0
1.0
(Continued on following page)
etc.
2
;
Treasury Bulletii
150
.
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 8.- Loans Outstanding by Periods for All Business-Type Activities
Excluding Interagency Loans but Including Foreign Currency Loans - (Continued)
Part B. Classified by Agencies
(In millions of dollars)
Agriculture Department
Agency
for
International
Development 7/
Total
1/
End of period
Fiscal years;
1955
41,630.0
1,691.6
1,885.5
2,111.3
2,436.7
2,894.2
3,263.1
3,655.5
5,027.1
6,123.0
7,415.8
20,506.3
21,091.5
22,755.6
25,851.1
28,277.7
31,122.6
34,849.2
37,728.2
40,421.0
1,766.8
1,994.6
2,194.8
2,682.3
3,042.6
3,381.9
4,433.1
5,222.5
6,604.1
36,043.4
37,867.8
38,067.4
40,783.2
4,930.9
5,586.6
6,266.4
6,904.9
19,420.5
20,5i7.5
21,812.8
22,893.4
27,510.7
29,568.3
31,527.1
36,154.9
1956
1957
1958
1959
I960
1961
1962
1963
1964
38,U1.8
Calendar years
1955
1956
1957
1958
1959
1960
1961
1962
1963
Current quarters
1962-Sept. 30..
1963^^ar. 31..
Sept. 30..
31..
1964-Mar.
Commerce
Dept.
Development
loan
fund 8/
1.5
67.0
262.1
513.5
5.9
159.3
378.8
Commodity
Credit
Corporation
Interior
Health,
Education, and
Welfare
Dept.
2/
Rural
Electrification
Administration
2,137.4
2,319.0
1,994.3
1,600.0
2,480.3
1,347.0
1,522.8
2,254.9
2,601.8
2,814.8
769.6
810.6
866.5
902.7
962.6
1,013.1
1,110.6
1,322.0
1,582.4
1,793.4
2,285.6
2,413.2
2,585.8
2,773.6
2,973.5
3,186.5
3,367.4
3,524.6
3,693.7
3,869.3
276.1
270.4
235.0
208.0
179.1
152.3
130.2
126.2
30.8
72.7
130.7
205.2
295.5
113.1
409.1
2,620.8
2,348.9
1,778.1
3,298.4
1,745.0
1,876.6
2,506.5
2,835.2
2,987.6
681.3
757.6
832.1
841.8
915.9
983.9
1,139.9
1,363.5
1,575.7
2,348.0
2,488.2
2,687.6
2,874.4
3,082.7
3,287.3
3,458.4
3,600.3
3,784.3
260.7
276.5
265.4
226.3
195.2
171.3
141.3
123.1
119.7
.6
.6
.5
.4
.3
1,765.2
3,502.0
1,716.6
3,395.6
1,388.9
1,512.2
1,617.4
1,716.5
3,562.8
3,658.7
3,738.1
3,831.7
126.0
129.7
Farmers'
Home
Administration
Maritime
activities
Office of
Education
.7
.6
.5
.4
Treasury Department
Dept.
General
Services Office
AdminiS' of the
tration Admini;
trator
12/
13/
Expansion of
defense
production
RFC (in
liquidation)
10/
Expansion of
defense
prod.
Other
11/
11.9
14.5
15.9
18.8
202.1
116.6
70.4
170.9
185.4
180.2
181.7
169.4
162.9
121.6
121.3
53.0
17.9
3,601.0
3,555.2
3,509.5
3,522.5
3,470.5
3,406.2
3,369.4
3,348.7
3,323.5
3,263.1
79
162.7
165.9
173.7
154.8
1,116,
1,433,
1,755, e
152.6
2,074. O'i
185.8
178.6
177.5
176.3
164.9
161.7
126.5
112.0
3,552.9
3,507.1
3,557.5
3,469.9
3,406.3
3,353.3
3,318.8
3,308.3
3,261.0
83.8
82.6
81.5
80.3
79.1
163.1
165.5
162.2
149.0
264.3'
352.4
356.7
570.1
835.1
1,007.7
1,243.3
1,625.4
1,907.1
3,351.3
3,311.2
3,316.1
3,278.6
166.0
150.5
150.8
153.0
1,527.4
1,688.9
1,831.4
1,994.5
14.6
14.3
13.3
12.3
10.9
9.4
111.5
179.4
255.6
344.4
13.2
15.8
18.0
14.7
14.3
13.6
12.7
11.6
10.0
251.9
294.8
339.6
403.1
11.9
11.3
10.3
9.7
143.2
89.4
51.1
84
83
82
81
229,
303,
456,
477,
679,
905,
:
Housing and Home Finance Agency - (Continued)
Federal
Housing
Admin- Manageistra- ment and
tion
liquidating
w
Fiscal years;
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
56.6
166.7
202.2
291.8
348.7
244.3
9.1
233.4
1,248.1
1,393.6
1,573.8
2,600.5
2,522.3
2,871.3
2,138.1
2,021.0
24.6
164.2
1,211.1
1,690.1
1,828.8
1,907.6
1,612.2
1,499.5
85.7
648.7
1,635.8
1,380.7
2,049.8
2,903.0
2,871.9
2,846.6
2,061.8
5.6
72.2
418.6
1,568.4
1,779.1
1,881.2
1,389.8
1,537.1
2,847.8
2,528.3
2,091.4
2,044.5
1,885.2
1,816.2
1,555.9
1 ,521.2
183.3
236.2
321.3
353.2
2,555.7
2,417.8
2,289.9
2,124.3
1,949.5
1,659.5
1,507.9
1,339.8
1,174.3
Current quarters
1962-Sept. 30..
1963-Mar. 31..
Sept. 30..
1964-Mar. 31..
301.5
338.6
357.0
307.9
1,375.1
1,305.1
1,202.8
1,150.5
Footnotes on page 153.
Special
assistance
2,584.5
2,495.6
2,356.5
2,218.5
2,030.4
1,726.5
1,587.1
1,416.6
1,270.6
1,123.4
Calendar years
1955
1956
1957
1958
1959
I960
1961
1962
1963
67.4
Secondary
market
117.3
52.1
49.9
Veterans'
Export-Insert Bank Farm Credit Administration
Fed, Home
of Washington
Loan Bank
ExpanFederal
Federal Board
Loan
Public
Banks
Direct
sion of
interFarm
guaranty
Housing loan
for
Other
defense
Mortgage mediate
Adminis- program revolving
cooper^
Fed. home
producCorporacredit
fund 16/
tration
atives
loan
tion
tion 17/ banks
banks
Administration
Federal National
Mortgage Association
End of period
123. .i
113.2
5^.9
.4
93.1
97.5
97.1
93.8
48.3
4^3.3
521.3
694.1
824.7
,054.9
,228.7
,343.2
,275.4
,252.3
60.5
78.3
106.8
156.8
231.8
315.6
388.5
461.0
354.5
441.7
92.9
106.0
105.4
95.9
87.4
99.3
95.4
151.6
134.6
412.3
463.8
640.4
745.6
893.8
1,146.7
1,309.3
1,379.9
1,265.1
68.2
91.2
129.2
190.0
272.8
351.3
436.5
422.1
411.7
121.2
165.0
130.0
1,360.3
1,384.8
1,261.5
1,268.9
448.1
99.5
90.1
94.2
91.3
89.1
62.8
370
.
402.4
359.1
U0.3
22.3
30.3
36.5
32.4
28.4
24.4
15.1
23.5
33.2
34.4
30.4
26.4
22.3
8.0
2,773.6
2,681.5
2,630.2
3,061.3
3,486.6
3,268.0
3,414.9
3,712.2
3,815.6
3,533.0
321.7
349.1
384.3
410.0
525.9
553.1
596.7
6?3.4
702.2
759.2
11.6
2,702.2
2,663.1
3,005.6
3,332.1
3,231.3
3,290.5
3,893.8
3,580.7
3,610.5
375.1
457.1
454.5
511.3
622.9
650.1
697.1
736.5
842.0
11.6
3,690.3
3,592.6
3,598.5
3,332.7
696.7
761.4
737.0
818.9
3.9
2.2
2.2
Small
Business
Administration
Other
IS/
27.8
31.2
34.6
37.8
47.6
234.9
237.0
397.4
521.2
697.2
846.6
897.7
996.5
1,227.0
1,547.4
1,697.8
1,830.9
1,998.1
2,292.7
2,507.3
1,016
1,173
1,079
929
1,537
1,769
1,869
2,767
3,269
4,768
34.9
85.1
154.8
245.5
346.6
393.7
466.0
644.7
726.2
801.4
689.4
733.6
928.8
1,159.0
1,395.9
1,501.7
1,651.2
1,840.9
2,100.0
1,416.8
1,228.2
1,265.2
1,298.3
2,134.3
1,980.8
2,662.2
3,479.0
4,784.2
115.6
202.9
292.8
370.8
427.5
539.5
695.9
754.2
234.
333.
424.
598.
2,009.1
006.^
2,322.7
2,239.9
3,045.3
3,513.5
4,024.2
4,158.0
663.9
705.0
728.5
763.5
397.3
447.5
536.5
609.0
54.1
29,
30,
41,
31.
33,
Sovember 1964
151
.COKPORATIONS AKD CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Footnotes to Table
ceivables recoverable in foreign currency as well as balances of
foreign currencies in United States depositaries, aggregating $7,190
million in dollar equivalent. These currencies, acquired primarily
without the payment of dollars, were generated under various Government programs, principally the Agricultural Trade Development and
Assistance Act of 1954, as amended, and the Mutual Security Acts, as
amended.
Dollar equivalents are computed for reporting purposes, to
provide a common denominator for the currencies of the many countries
involved. Foreign currencies on hand and on deposit and loans under
section 104 (e) of the Agricultural Trade Development and Assistance
Act of 1954, as amended, are stated at the rates as of June 30, 1964,
at which the United States could purchase currencies on the market for
regular operating purposes. Other loans are stated at the rates at
which they are to be repaid or at rates in effect when the loans were
Currencies that are dollar denominated or guaranteed as to
extended.
rate of exchange are stated at rates specified in the agreements.
Business-type activities reporting pursuant to Department Circular
No. 966.
Activities reporting pursuant to Supplement No. 1 to Department CirThese are mainly not business-type activities. Excular No. 966.
cluded from the June 30, 1964, figures are those activities whose
reports for that date cover assets only (see Headnote), and also
certain activities of the Department of Defense, which have not yet
furnished the data required by Supplement No. 1.
With the exceptions Indicated in footnote 2.
These amounts consist in the main of unexpended balances of general,
special, and revolving fund accounts against which checks may be
dravm to pay proper charges under these funds. The funds are considered as assets of the agencies, but are not assets of the United
States Government since funds must be provided out of cash balances
take
of the Treasurer of the United States and future receipts to
care of checks to be issued against the balances.
Includes foreign currency assets, representing loans and other re-
y
1
Less than $500.
Footnotes to Table 2
expenses funds.
1/ Includes operating and administrative
2/ See Table 1, footnote 4.
j
of $377 million, issued against
2/ Certificates of interest in the amount
June
1964.
of
as
outstanding
30,
were
loans,
these
of
certain
currency assets are included throughout the table (see Table
•
j.
4/ Foreign
1, footnote 5)
Represents transfers of principal and interest to miscellaneous
receipts of the United States Treasury.
activities that have sub6/ Certain corporations and other business-type
insure loans
mitted statements of financial condition guarantee and
in banks
made by private financial institutions and insure deposits
These commitments are excluded
and savings and loan associations.
items
these
from their balance sheets. The major agencies that have
and the amounts thereof are as follows:
Amount
(In millions
Activity
of dollars)
y
Agriculture Department:
Farmers' Home Administration:
Agricultural credit insurance fund
Commerce Department:
Federal ship mortgage insurance fund
Housing and Home Finance Agency:
Office of the Administrator:
Urban renewal fund
Federal Housing Administration
Public Housing Administration:
Local housing authority bonds and notes
Local housing authority temporary notes
Veterans' Administration:
Loan guaranty revolving fund
Federal Deposit Insurance Corporation (December 31,
578
443
/l/Jn
44,44/
If^
960
1°'
191,900
1963)
Federal Home Loan Bank Boards
93,499
Federal Savings and Loan Insurance Corporation
1°"
Interstate Commerce Commission
Small Business Administration:
*
Revolving fund
40
Defense production guaranties (various agencies)
7/ Included beginning June 30, 1964.
million.
to
amounting
$348
%/ Includes construction work in progress
to employment security admin2/ Represents the fund known as "Advances
istration account, unemployment trust fund."
exclude resources on order of
10/ Assets and liabilities of this fund
Department.
$262 million as reported by the Post Office
11/ Valued at cost, estimated if not known.
,
v
j
of $5 million based
receivables
U/ Receivables do not include contingent
orders.
Board
on contested Civil Aeronautics
liabilities of $43 "illion
13/ Liabilities do not include: (1) contingent
postage in the hands of the
for pending suits and damge claims; (2)
been accounted for as
public which, for practical considerations, has
for long-term leases.
revenue when sold; and (3) undetermined amounts
discounts.
14/ Represents unrealized purchase
^ ^.
n <•„»„«
in the assets of the Defense
15/ Includes reserves and unrealized equity
the Association.
by
liquidated
being
are
which
Homes Corporation
noninterest-bearing investment purIfc/ Changed from interest-bearing to
(73 Stat. 147).
suan? to an act approved February 29, 1964
amounting to $827 million issued against
17/ Participation certificates
of June 30, 1964.
certain of these loans, were outstanding as
reserves of $1,190 million. The
18/ Includes primaiy and secondary
only if the primary reserve
secondary reserve is available for losses
is insufficient.
ii„-itoH
on borrowings from the United
19/ Represents accrued Interest expense
been deferred.
States Treasury Department on which payment has
operations of $634 million and net
20/ Consists of net income from power
million.
expense of nonrevenue-producing programs of $282
»
Less than $500.
.
^
.
Footnotes to Table 3
1/ See Table 1, footnote 4.
and equipment as
2/ Excludes capital property such as land, structures,
Office of the Secretary, $5 million; Air Force, $1,468
follows:
million; Army, $1,602 million; and Navy, $2,997 million.
other Government agencies
3/ Represents prepayments for orders made by
to this fund.
V
.
«
appropriations, reappropriaConsists mainly of capital representing
accumulated net income or defitions, capitalization of assets, and
not shown separately
Figures for each of these accounts were
cit.
fund.
on the report submitted by this
Less than $500.
Footnotes to Table 4
are reporting on a quarterly
1/ Consists of certain activities that
These are business- type activities.
basis.
r„™„i»cl„„
Boundary and Water Commission
2/ The State Department, International
B.
statement in Table i.
Department
State
the
in
included
now
is
program established P"""^"\f
loan
Cooley
the
Represents
2/
^^^/^f
Assistance Act of 1954, as amended
^^
capital.
13/ Reoresents interest on invested
.j„,„,,
assets and liabilities of the General
*f^^=and
strategic
and
funds
revolving
and
trust
tration exclusive of
^ R^resents
W IncludS rto:k':f"he
^
salaries and expenses.
Rlpresenis^mtal^ousing and other loans, and
5/ See Table 1, footnote 4.
^.
*
„o^ „r,Hi<!hiirsed
appropriations to cover undisbursed
6/ Represents Lnounts due from other
.
2/
8/
2/
10/
appropriations
loan agreements financed out of grant
assets held P^^-jly/^°^^
Includls assets in use, vessels and other
and ^eld for scrapping.
construction
mobilization, and vessels under
on mobilization assets,
Represents depreciation on assets in use and
for scrapping.
and allowance for losses on vessels held
the table (see labie
Foreign currency assets are included throughout
and deferred Interest
R^rrsenfs'uni^plied loan credits of $8 million
..
income of $^5 million.
__,,_
to miscellaneous
Represents transfers of principal and interest
Treasury.
States
United
receipts of the
Ti»„=,-tmBnts
and Navy Departments.
Represents receivables of the Air Force, ^TW,
,
U/
12/
Part A
2/
cultural Trade Development and
V
-
16/
dftS^ua^
17/
11/
-^
19/
20/
21/
»
f"^^^
international Bank for Reconstniction and
Development amounting to $635 million; -f^'^^'^'^^f^ZlMoTt^
Finance Corporation, the
national Monetary FMnd, the International
?nter-Imerlcan^velop;ent Bank, and the 1"*--"°-! "^^^^fP^^^^
million, $300 million,
Association amounting to $4,125 million, $35
respectively.
j f„j
...
and $259 million,
agreement with Germany dated
Includes $200 million due under the
under the agreement with Japan
Febr^a^ 27 1953, $442 million due
196S: and lend-lease and
9
P-P-S.^t^
principal amount of $1,353 million
due the United States in the
to $3,149 million^
amounting
Kingdom
United
Includes loan to the
favor of the United States.
Includes judgments of $211 million ;"
uncollectible ^^ems.
for
allowance
include
not
Does
improvements and construction work in
Includes buildings and land
»•
progress amounting to $802 million.
million
t„ *ar/
$684 million.
progress amounting, to
Includes construction work in
6.
See Table 2, footnote
Less than $500.
-^^^
152
Treasury Bulletin
.CORPORATIONS AND CERTAIN OTHEK BUSINESS-TYPE ACTIVITIES.
Footnotes to Table 4
1/ See Table 1, footnote 2.
2/ See Table 1, footnote 4,
2/ Includes construction work in progress by various agencies amounting
to $5,131 million,
4/ Represents nonrevenue-producing operations.
Consists of:
Agricultural Research Service - special foreign currency
program. Cooperative State Research Service, Extension Service,
Farmer Cooperative Service, Economic Research Service, Statistical
Reporting Service, Foreign Agricultural Service, Foreign Agricultural
Service - fecial foreign currency program, Commodity Exchange Authority, Agricultural Stabilization and Conservation Service (including
the soil bank program), Office of Rural Areas Development, Office of
the General Counsel, Office of Information, National Agricultural
Library, and general administration.
6/ Represents assets and liabilities of the Bureau of Public Roads
exclusive of trust and deposit funds.
General administration and other activities, Area Rede7/ Consists of:
velopment Administration, Patent Office, and National Bureau of
Standards.
0/ Represents civil activities exclusive of the intragovemmental revolving
fund.
2/ Consists of Bureau of Family Services, Children's Bureau, and Office of
the Commissioner.
Office of Vocational Rehabilitation; Social Security
10/ Consists of:
Administration; special institutions - Freedmen's Hospital, Gallaudet
College, and Howard Dniverslty; and Office of the Secretary.
11/ There is included in this figure the amount of $2,081 million which
represents the value of in^roveraents provided by the Federal Government for channels, harbors, local flood protection projects, alteration of bridges, and other types of work.
These items have been excluded from the value of assets reported under the annual report of
real property owned by the Government furnished to the General Services
^
Administration.
12/ Consists of:
Office of the Commissioner, the nonrevolving fund activities of the Bureau of Commercial Fisheries, and the Bureau of Sport
Fisheries.
13/ Consists of:
Bureau of Outdoor Recreation, Office of Minerals Exploration, other departmental offices, and secretarial offices.
14/ Includes the International Boundary and Water Commission.
Bureau of Accounts, Bureau of the Public Debt, Exchange
15/ Consists of:
16/
17/
18/
19/
-
Part B
Stabilization Fund, foreign currencies acquired without dollars,
Office of the Treasurer, Bureau of Narcotics, United States Secret
Service, Comptroller of the Currency, and air conditioning the Bureau
of Engraving and Printing buildings account.
Does not include the cash balance in the acco\int of the Treasurer of
the United States.
Includes foreign currencies held by Department of Defense disbursing
officers.
Represents estimated tax and other prepayments received from taxpayers
prior to assessment.
This account has a debit balance because the estimated amount of tax
and other prepayments received has exceeded the amount of assessments
made.
20/ Includes the National Gallery of Art.
21/ Consists of Legislative Branch - Government Printing Office salaries
and expenses, and land and structures excluded from the revolving
fund; Executive Office of the President - special projects, Bureau
of the Budget, Council of Economic Advisers, National Aeronautics
and Space Council, National Security Council, Office of Science and
Technology, special representative for trade negotiations, and other
miscellaneous funds; Funds appropriated to the President - Peace
Corps, and public works acceleration; and other independent agencies Advisory Commission on Intergovernmental Relations, Civil Aeronautics
Board, Civil Service Commission consolidated working funds. Commission
of Fine Arts, Commission on Civil Rights, Farm Credit Administration
securities. Federal Coal Mine Safety Board of Review, Federal Reconstruction and Development Planning Commission for Alaska, Federal
Trade Commission, Foreign Claims Settlement Commission, General
Accounting Office, historical and memorial commissions, Indian Claims
Commission, National Capital Planning Commission, National Capital
Transportation Agency, National Labor Relations Board, National
Mediation Board, Outdoor Recreation Resources Review Commission,
President's Advisory Committee on Labor-Management Policy, Participation in Interstate Federal Commissions - Delaware River Basin Commission, Renegotiation Board, Securities and Exchange Commission,
Subversive Activities Control Board, Tariff Commission, Tax Court of
the United States, United States Arms Control and Disarmament Agency,
and the United States - Puerto Rico Commission on the Status of
Puerto Rico.
*
Less than $500.
hvemher 1964
/
153
CORPORATIONS AND CERTAIN OTHER BUSINESS-TTCPE ACTIVITIES
Footnotes to Table 8
It inTable 8 relates to all loan programs of Government agencies.
cludes not only the United States dollar and foreign currency loans
summarized separately in Table 7, but also the loans made, all in
United States dollars, by deposit funds (Table 5) and trust revolving
funds (Table 6). Pursuant to an amendment issued June 23, 1960, to
Department Circular No. 966, Table 8 now includes purchase money
mortgages, mortgages purchased from insured lending institutions to
prevent default, and similar long-term paper (see footnote 1 at end
of Table 7).
Includes guaranteed loans held by lending agencies and certificates
of interest.
The major portion of the loans of the Veterans' Administration loan
/
guaranty revolving fund is included under "Mortgage loans" in 1955
and under "Other" to aid home ovmers thereafter (see footnote 16).
Includes guaranteed loans held by lending agencies at the end of cer/
tain periods, participation certificates beginning June 30, 1963, and
the loan to the United Kingdom.
/ See footnote 14.
million as of
/ Includes loans to insurance companies amounting to $3.4
June 30, 1955, and $3.1 million as of December 31, 1955.
Inter/ This Agency was established in the Department of State, and the
national Cooperation Administration and the development loan fund were
September
act
approved
the
pursuant
to
abolished on November 3, 1961,
November
4, 1961 (75 Stat. 4i5) , and Executive Order No. 10973 dated
Loans of the abolished agencies were transferred to this
3, 1961.
Agency and a new fund for development loans was established. Data
for earlier periods are for predecessor agencies.
/ This fund was abolished on November 3, 1961 (see footnote 7).
l/
Consists of the emergency credit revolving fund, the agricultural
credit insurance fund, the farm housing and other loan programs, the
State rural rehabilitation funds beginning June 30, 1956, the direct
loan account beginning December 31, 1961, and the rural housing for
Prior to June
the elderly revolving fund beginning June 30, 1964.
agricultural credit in30, 1956, and December 31, 1961, loans of the
•surance fund and the direct loan account, respectively, were included
loan
in the statements of financial condition of the nonrevolving fund
programs,
On September 29, 1953, pursuant to the act approved July 30, 1953
)/
(15 D.S.C. 609), the Reconstruction Finance Corporation started
liquidation of its activities, except those carried on by the Corporation pursuant to Section 409 of the Federal Civil Defense Act
of 1950 (50 App. U.S.C. 2261) and expansion of defense production
activities carried on pursuant to the Defense Production Act of
1950, as amended (50 App. U.S.C. 2091-2094), which had been transferred to the Secretary of the Treasury as of September 28, 1953,
and as of the close of business on September 28, 1953, respectively.
Effective at the close of business June 30, 1954, pursuant to Reorganization Plan No. 2 of 1954, certain functions and related assets
of the Corporation were transferred to the Export-Import Bank of
Washington, the Federal National Mortgage Association, and the Small
Business Administration. On July 1, 1954, the remaining activities
of the Corporation were transferred to the Secretary of the Treasiiry
to complete their liquidation, pursuant to the act of July 30, 1953,
The Corporation was abolished effective
as amended June 29, 1954.
at the close of business June 30, 1957, by Reorganization Plan No. 1
of 1957, and the remaining functions of the Corporation were transferred to the Housing and Home Finance Administrator, Administrator
of General Services, Administrator of the Small Business Administration, and the Secretary of the Treasury.
other miscellaneous
1/ Consists of the loan to the United Kingdom and
loans. Federal civil defense loans, loans uf the Reconstruction
/
Finance Corporation liquidation fund beginning December 31, 1957
(see footnote 10), and loans of the Federal Farm Mortgage Corporation liquidation fund beginning December 31, 1961 (see footnote 17).
12/ Figures through December 31, 1959, consist of loans of the Public
Works Administration (in liquidation). Figures beginning June 30,
I960, include also: loans of Federal Facilities Corporation (this
Corporation was dissolved September 30, 1961, pursuant to the act
of August 30, 1961 (75 Stat. 419), and the loans are being liquidated by the Administrator of General Services), the Reconstruction
Finance Corporation liquidation fund through September 30, 1963,
surplus property credit sales (see footnote 1 at end of Table 7),
and loans acquired pursuant to the Defense Production Act of 1950,
as amended (50 App. U.S.C. 2091) through December 31, 1960.
Housing Act of 1949,
U/ Includes urban renewal loans authorized by the
as amended (42 U.S.C. 1452 (a)); beginning December 31, 1951, college
housing loans authorized by the Housing Act of 1950, as amended (12
U.S.C. 1749); loans held by the revolving fund established pursuant
to the act approved June 24, 1954 (68 Stat. 295); as of December 31,
Act of 1954
1955, public works planning loans authorized by the Housing
approved August 2, 1954 (40 U.S.C. 462); beginning December 31, 1956,
public facility loans authorized by the Housing Amendments of 1955
approved August 11, 1955 (42 U.S.C. 1491); as of December 31, 1956,
J\ine 30, 1957, and from June 30, I960, through June 30, 1964,
community disposal operations loans authoriz3d by the Atomic Energy
Community Act of 1955 approved August 4, 1955 (42 U.S.C. 2301 note)
and Executive Order No. 10657 of February 14, 1956; and beginning
December 31, 1961, loans for housing for the elderly authorized by
the Housing Act of 1959, as amended (12 U.S.C. 1701q).
Beginning with
No loans were reported prior to December 31, 1955.
that date, certain mortgage notes have been reported and are classified as mortgage loans.
March 31, 1960, the mortgage notes and
li/ From June 30, 1956, through
were
sales contracts which had previously been classified as loans
classified as other assets and were not included in this table.
reclassified
been
These mortgage notes and sales contracts have now
this table
as loans, and beginning June 30, I960, are included in
(see footnote 1 at end of Table 7).
was converted to a
16/ ThF Veterans' Administration loan guaranty program
approved
revolving fund effective July 1, 1961, pursuant to the act
July 14, I960 (74 Stat. 533).
^. ^
^^
which
receivable
From June 30, 1956, through March 31, I960, notes
other
as
classified
were
loans
as
had previously been classified
notes have now
assets and were not included in this table. These
through June
been reclassified as loans, and from June 30, I960,
On October 4, 1961, this
30 1961, were included in this column.
October 4,
approved
Corooratlon was abolished pursuant to the act
were transferred to
1961 (75 Stat. 773), and its remaining assets
, ,,.
the Secretary of the Treasury for liquidation.
t ^
Department of the InteThe major portion of the loans is held by:
June 30, 1957,
beginning
fund
loan
fisheries
loans,
Indian
rior
and Alaska public
Bureau of Reclamation beginning June 30, 1959,
of the Ary -^Sfworks loans beginning June 30, 1960; Department
Federal Savings
anteed loans (World War II) through December 31, 1957;
Department (military assistand Loan Insurance Corporation, Defense
beginning June 30, I960;
ance credit sales), and State Department
beginning June 30, 1962,
Commerce Department - area redevelopment fund
the Defense Pi-od"f i°° ^<=t
and agencies reporting loans pursuant to
which consist of the
of 1950, as amended (50 App. U.S.C. 2091),
Army, and Navy,
Departments of the Air Force beginning June 30 1956,
as of December 31, 1959.
and the General Services Administration
Less than $50,000.
.
17/
18/
.
Treasury Bulletin
154
.CUMULATIVE TABLE OF CONTENTS.
December 1963 through November 1964
Issue and page number
196i
1963
Jan.
Apr.
Feb.
July
May
II
Reporting bases.
Articles;
Treasury financing operations
A-1
A-1
II
II
Aug.
Sept.
II
A-1
A-1
A-I
A-1
A-1
A-1
A-1
A-1
A-1
1
1
1
1
1
1
1
1
1
10
10
10
10
11
11
Suimnaries:
Federal fiscal operations
Administrative budget and trust
1
fxind
receipts and expenditures
Administrative budget receipts and expenditures;
Receipts by principal sources
Detail of miscellaneous receipts by major categories
Chart - Internal revenue receipts by principal sources
Expenditures by agencies
Interfund transactions excluded from both net budget receipts
and budget expenditures
Summary of appropriations and authorizations, expenditures, and
balances, by agencies
Expenditures and balances by functions
Expenditures by functions
Detail of excise tax receipts
Summary of internal revenue receipts by States, calendar year 1963Trust and other transactions:
Summary of trust and other transactions
Trust receipts
Trust, deposit fund, and Government-sponsored enterprise
expenditures
Investments in public debt and agency securities (net)
Sales and redemptions of Government agency securities in
market (net)
Interfund transactions excluded from both net trust account
receipts and net trust account expenditures
Federal Old-age and Survivors Insurance Trust Fund
Federal Disability Insurance Trust Fund
Railroad Retirement 'Account
Unemployment Trust Fund
National Service Life Insurance Fund
Investments of specified trust accounts in public debt securities,
by issues (latest date September 30, 1964)
Consolidated cash transactions (formerly cash income and outgo);
Summary of Federal Government cash transactions with the public...
Derivation of Federal receipts from the public, and reconciliation
to cash deposits in Treasurer' s account
Derivation of Federal payments to the public, and reconciliation
to cash withdrawals from Treasurer's account
Derivation of Federal net cash debt transactions with the public,
and reconciliation to transactions through Treasurer's account.,,,
Intragovernmental and other noncash transactions
Accrued interest and other noncash transactions
Account of the Treasurer of the United States;
Status of the Account of the Treasurer of the United States
Analysis of changes in tax and loan account balances
Summary of cash transactions through the Account of the Treasurer
of the United States
Debt outstandiniigl
Summary of Federal securities
Computed interest charge and rate on Federal securities
Interest-bearing public debt
Average length and maturity distribution of marketable
interest-bearing public debt
Special public debt issues to U, S. Government investment accounts,.
Treasury holdings of securities issued by Government agencies
Interest-bearing securities issued by Federal agencies but not
guaranteed by the U. S. Government
Statutory debt limitation
Public debt operations
Maturity schedule of interest-bearing public marketable securities
other than regular weekly Treasury bills
Offerings of Treasury bills
New money financing through regular weekly Treasury bills
Offerings of public marketable securities other than regular
weekly Treasury bills
Securities issued in advance refunding operations
Allotments by investor classes on subscriptions for public
marketable securities other than regular weekly Treasury bills
Dispositionlol matured public marketable secxirities other than
regular weekly Treasury bills
Foreign series securities (nonmarketable) issued to official
institutions of foreign countries
Foreign currency series securities (nonmarketable) issued to
official institutions of foreign countries
2
2
3
3
4
4
5
5
6
6
7
7
8
8
10
10
10
11
11
11
11
10
10
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12
10
10
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12
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13
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13
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18
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li.
14
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34
36
43
35
41
40
46
36
42
34
40
49
45
43
\
23
24
21
23
;
26
30
40
46
40
37
46
46
43
35
41
41
47
48
48
48
45
43
49
45
44
51
52
52
49
47
53
49
48
53
49
47
58
59
59
56
54
61
57
56
61
57
55
60
62
62
59
57
64
60
59
64
60
59
40
(Continued on following page)
37
November 1964
155
.CUMDLATIVE TABLE OF CONTEKTS
December 1963 through November 1964
-
(Continued)
Issue and page number
1963
196i
Jan.
United States savings bonds
Cumulative sales and redemptions by series
Sales and redemptions by periods, all series combined
Sales and redemptions by periods, Series E through K
Redemptions of matured and unmatured bonds
Sales and redemptions by denominations, Series E and H combined.
Sales hy States , Series E and H combined
Mar.
Apr.
63
63
64
66
67
68
60
60
61
63
58
58
59
61
May
June
July
Aug.
61
61
62
64
66
66
67
69
70
Sept.
Oct.
:
Ownership of Federal securities:
Distribution by classes of investors and types of issues
Net market purchases or sales for investment accounts handled by
the Treasury
Estimated ownership
Treasury survey of ownership of Federal securities
Ownership by banks, insurance companies, and others
Ownership by commercial banks classified by membership in Federal
Reserve System (latest date June 30, 196-4;
61
61
62
64
63
63
U
66
66
66
67
69
70
62
62
63
65
62
62
63
65
6T
61
62
64
71
65
67
69
64
62
71
66
65
65
66
67
69
70
64
65
62
63
71
66
67
65
66
72
73
66
67
65
66
67
69
66
64
73
67
74
68
67
72
65
:
78
75
Market quotations:
End-of-month closing quotations on Treasury securities by issues.
Chart - Yields of Treasury securities
71
73
73
75
79
81
71
73
A verage yields of long-term bonds:
Average yields of Treasury and corporate bonds by periods.
Chart - Average yields of Treasury and corporate bonds....
74
75
76
77
82
83
74
75
76
77
77
78
79
78
84
85
85
86
87
76
77
Monetary statistics;
Money in circulation
Monetary stocks of gold and silver
Gold assets and liabilities of the Treasury
Components of silver monetary stock
Seigniorage
Increment from reduction in weight of gold dollar (latest date
September 30 , 1964.)
Exchange Stabilization Fund (latest date June 30, 1964):
Balanc e sheet
U. S. stabilization agreements
Income and expense
79
79
80
81
77
78
79
68
70
73
74
74
75
76
77
79
82
83
83
84
85
72
74
71
73
32
34
72
74
71
75
76
74
75
85
86
75
76
74
75
77
78
78
79
76
77
77
73
79
87
77
78
78
79
76
77
90
73
77
78
79
81
76
79
79
B2
83
83
77
78
80
81
81
81
81
National bank reports:
Earnings, expenses, and dividends for calendar years 1959-63.
International financial statistics:
U. S. gold stock, and holdings of convertible foreign currencies
by U. S. monetary authorities
D. S, Treasury nonmarketable notes and bonds issued to official
institutions of foreign coiintries
U , S monetary gold transactions ( net
Estimated gold reserves and dollar holdings of foreign countries
and international institutions
Liabilities to foreign official institutions and international and
regional organi zations
84
84
88
88
.
Capital movements between the United. States and foreign countries:
Summary by periods beginning 1946
Summary by countries and periods
Short-term banking liabilities to foreigners, latest month
Short-term banking claims on foreigners, latest month
Long-term banking liabilities to and claims on foreigners
Purchases and sales of long-term securities by foreigners,
latest month
Short-term liabilities and claims reported by nonfinancial concerns.
Estimated gold reserves and dollar holdings of foreign countries
and international institutions
Foreign credit and debit balances in brokerage accounts
Short-term liabilities, countries and areas not regulary reported...
Purchases and sales of long-term securities by foreigners during
calendar year 1963
and certain other business-type ac tivities:
date June 30, 1964)....
of financial condition (.latest d,
expense (latest date December 31, 1963)
application of funds (.latest date December 31, 1963).
80
81
79
82
79
82
83
86
87
82
83
91
81
91
92
81
82
82
83
83
84
84
82
85
95
97
98
99
96
100
93
94
90
93
102
103
104
105
106
83
86
95
82
85
94
96
97
96
98
97
95
92
101
102
103
85
85
88
97
98
99
88
94
97
106
107
108
109
110
87
100
100
101
101
102
101
103
103
103
109
108
128
90
99
98
99
101
102
102
99
120
97
98
99
100
104
105
99
100
101
97
Foreign currencies acquired by the United States without purchase
with dollars:
Transactions and balances in Treasury accounts
Transactions and balances in agency accounts
Corporations
Statements
Income and
Source and
80
I
I
'
I
Treas.
HJ
U.S. Treasury Dept.
10
Treasury Bulletin
.A2
1964
C.2
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