Full text of Treasury Bulletin : October 1941
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LIBRARY
ROOM 5030
J UN
?,
11972
TREASURY DEPARTMENT
L
/
3l
/
BULLETIN
OF THE
TREASURY DEPARTMENT
OCTOBER
1941
Analysis of Receipts and Disbursements
Composition of the Public Debt
Capital Movements and Monetary Data
Other Treasury Statistics
1941
)
.
LIBRARY
TREASURY DEPARTMENT
OFFICE OF THE SECRETARY
ROOM 5030
JUN
1 1 1972
TREASURY DEPARTMENT
BULLETIN
OF THE
TREASURY DEPARTMENT
OCTOBER
1941
Analysis of Receipts and Disbursements
Composition of the Public Debt
Capital Movements and Monetary Data
Other Treasury Statistics
TREASURY DEPARTMENT
OFFICE OF THE SECRETARY
Bulletin of the Treasury Department, October 1941
Table of Contents
Page
SUMMARY OF FISCAL STATISTICS
Budget receipts and expenditures, publlo debt, and means of
financing cash requirements
2-3
FEDERAL RECEIPTS AND EXPENDITURES
Budget receipts and expenditures
Receipts and expenditures for trust accounts, Increment on gold,
etc.
5-S
9
Means of financing cash requirements
Social Insurance accounts
Cash Income and outgo
10
11-12
13-14-
G-ENERAL FUND OF THE TREASURY
Assets, liabilities, and balance In General Fund
Changes In the General Fund balance
16
17
PUBLIC DEBT OF THE UNITED STATES
(Excluding ownership data)
Statement of the outstanding public debt, September 30, 194-1
Composition of the public debt
Maturity schedule of U. S. Government debt, September 30, 194-1
Treasury financing operations since January 1, 1932
Treasury bill offerings since September 1, l?4o
Debt position of U. S. under Second Liberty Bond Act,
September 30, 194l
Public debt receipts and expenditures
Computed rate of Interest on the public debt
Average yields of Treasury and corporate bonds beginning
with January 1933
Yields of Treasury bonds and notes, October 15, 194l
19
19-20
21-22
23
24
25
26
26
27-2S
29
OWNERSHIP OF GOVERNMENT SECURITIES
Summary distribution by holders of securities Issued by the
U. S. Government and guaranteed by the U. S.
Market transactions In Government securities for Treasury
investment accounts
Treasury survey of the ownership of Government securities,
August 31, 1941
(Continued on following page)
31
31
32-37
Table of Contents - (Continued)
Page
GOVERNMENTAL CORPORATIONS AND CREDIT AGENCIES
OF THE UNITED STATES
Assets and liabilities and proprietary interest, August Jl, 1941
Sources and uses of funds
Obligations outstanding guaranteed by the U. S.
Finanolng operations In eeourltles guaranteed by the U. S.
Maturity schedule of securities guaranteed by the U. S.,
September 30, 194l
39-'*0
41-44
*^5
45
^
INTERNAL REVENUE STATISTICS
Collections of Internal revenue
Study of individual Income tax returns oonoernlng difference
between state of residence and state of filing
48-50
51-55
CUSTOMS STATISTICS
Customs duties and taxes oolleoted
Commodities Imported under quota provisions
57-58
59-61
CAPITAL MOVEMENTS BETWEEN THE UNITED STATES
AND FOREIGN COUNTRIES
Net oapltal movement between the United States and foreign
countries
Short-term foreign liabilities and assets
Foreign seourlty transactions and brokerage balances
Foreign transactions In domestlo securities
Foreign exchange transactions
63-64
65-68
69-71
72-73
74-75
GOLD AND SILVER STATISTICS
Gold assets and liabilities of the Treasury
Movement of gold to and from the United States
Monetary stooks of gold and sliver
Components of silver monetary stook
Silver of specified classifications aoqulred by mints and assay
of floes
Seigniorage on silver
•
Silver production by oountrles
Movement of silver to and from the United States
77
77
78-79
79
79
80
80
81
OTHER TREASURY STATISTICS
Balance sheet of Exohange Stabilization Fund, June 30, 194a
Vessels cleared from the United States dlreot for foreign ports
Treasury Department orlminal oases In the U. 8. Dlstrlot Courts
Note:
83-84
S5-86
87
In tables In whloh It is Indicated that the figures are rounded to
a given unit, the details will not neoessarlly add to the totals
shown.
SUMMARY
OF
FISCAL
-l-
STATISTICS
Budget Receipts and Expenditures
(Is ailll*n* of dollar*)
Means of Financing Cash Requirements
(In millions of dollars)
FEDERAL
RECEIPTS
AND
-I-
EXPENDITURES
...
.
Budget Receipts and Expenditures
Table 1.- Summary
(In millions of dollars)
Expenditures 1/
Receipts
Gross receipts
Fiscal year
or bo nth
Total
receipts
Internal
rerenue
2/
1933
MO
193't
116
goo
116
1935
1936
1937
193«
1939
19UO
668
925
269
359
319
3U9
392
711
673
23
$
319
29
28
30
21*2
19 *©- September.
1
October.
.
loretibsr.
December
19**1- January...
February.
March
April
.
•taj
June
July
August.
September.
.
Source:
•
1/
2/
3/
U/
5/
of
2]
8/
2/
.
.
2/
I.60U
2.6U1
3.278
3.513
".597
5.67U
5.161
5.303
7.362
29"*
19»*1
Customs
7Ul
372
67"*
.567
251
313
3"3
387
1*86
1*38
693
319
502
1.513
33
g
602
5"1
.277
U56
"9
U83
1.211
Ul
uoo
37
35
36
55"
501
.136
1.077
38
Less net amounts
Transfers
Hat
Hevol ring
transferred to
to trust
National
deficit
funds
General
Set
Total
Federal Old-Age
accounts
defence
Other
(net)
if
and SurrlTora
receipts expenditures
5/
etc.
6/
receipts Insurance Trust
1/
1/
fund kf
680
7U
l.TSU
2.080
3.86U
ia
225
2.989
162
U.91U
U96
6.011
2.896
3.116
71
531
7.010
689
71
3.209
179
3.800
5.905
3"5
1.81U
U.116
8.666
>*.550
a6
5.9M
11
900
6.UU2
210
20h
265
8.177
603
5.029
929
-}.W
208
121
220
1,3*
1.029
387
7.239
5.869
5.855
188
1,206
182
3.5>»2
8.707
7.226
5.165
92
503
208
3.6U
273 10/
8.998
7.079
1.657
538
5.387
'!!
661
12.711
-136 12/
6.080
515 11/
7.607
5.103
6.532 12/
235
1*8
16
-9
10
711
225
759
532
17
18
32
123
18
1
19
1U0
32
132
lit
191
17
28
i
19
19
"3
157
23
1
1
Dally Treasury Statements.
Less than $500,000.
Excludes public debt retirements.
For further details, see Table 2.
For further details, see chapter on Customs Statistics.
Beginning July 19U0. amounts representing appropriations equal to
collections of Social Security taxes under the Federal Insurance
Contributions Act for old-age Insurance (less reimbursement t to the
General Fund of the Treasury for admlnlstratlTe expenses) hare been
deducted from total budget receipts in the Dally Treasury Statement
to arrlTe at a figure called net receipts.
Such deduction Items are
reflected under trust account receipts as net appropriations to the
Federal Old Age and Survivors Insurance Trust Fund.
In the above
statement, similar treatment has been accorded net transfers to the
Federal Old-Age and Survivors Insurance Trust Fund (formerly Old-Age
Reserve Account) made during the fiscal years 1936 to I9U0, In order
to facilitate comparison with later periods.
For further details, see Table 3.
For further details, see Table u.
Tor furtter details, see Table 5.
Also see footnote H/.
Total expenditures lees net receipts.
Represents retirements required by law chargeable to the Sinking Fund,
and retirements under special provisions of law from other funds.
362
7to
3U0
5»l
1.566
565
39U
1.276
U13
397
1.135
869
817
1.172
l.lll
1.075
1.399
1.315
l.iui
1.528
1.598
1.529
1.S7 *
577
297
379
U70
1*1*1
702
20
«
523
U70
639
569
58U
2
7>*8
1
763
2
18
U01
717
837
812
-97
1*83
960
1.12U
1.320
2
1
-1
153
3
Total
Administration
- $9
1.60U
2.6U1
3.278
3.513
1933
193 *
1935
1936
1937
1938
1939
19U0
1
,
19*41
19**0- September.
October.
Soveaber
December.
.
.
19l*l-Janu«ry.
.
.
.
.
February.
March
April
Kay
June
July
August.
September.
.
Source:
•
1/
2/
J_/
U/
.
.
3_/
Federal Insurance
Federal Unemployment
Contributlone Act
Tax Act
(Old-age insurance) (Unemployment insurance)
Miscellaneous
internal
revenue
y
858
818
1,1*70
1.099
1.657
2.010
2,181
1,1*27
5.67U
5.161
5.303
7.362
673
253
755
7U0
833
925
19U
51"*
58
90
530
605
691
108
98
1
U32
28
3
Id,
»3S
693
319
502
1.513
362
U83
1.211
"9
35
125
3
8
U29
38
158
33
3
1
63
10U
1,208
3"
12
193
32
>*7
^
3
l
l
916
6U
165
30
59
780
173
35
13
150
101
319
UOO
501
1.077
Carriers' Taxing
Act of 1937
(Railroad
retirement)
7**6
2.163
2.6UO
2.189
2.125
3. "70
''.597
10U
65
58
129
6U
2
1
>»55
1
U32
15
771
7
5
-1 17
2
2
1
7?7
252
1.I85
1.133
1
17
millions.
&]ployment taxee
taxes 2/
1*03
available to be reissued under existing law are not reflected under
receipts, but rather are Included as negative lteme under expenditure*.
During the fiscal year 191*1. reductions in capital in this manner were
as follows: Under general expenditures: Banks for cooperatives $60 millions, and Federal land banks - $100 millions; under revolving
funds: Federal Farm Mortgage Corporation - $100 millions. Federal
Intermediate credit banks - $1*0 millions, and production credit
corporations - $15 millions: a total of $315 millions.
the expenditures for commodity food stamps
13/ Effective September 1, 1941
of the Surplus Marketing Administration were reflected as Transfers
to trust accounts, etc., rather than General, as was the practice prior
to that date.
Classifications have not been adjusted prior to
September 1, 19U1
Social security taxes
profits
U62
360
57«
12/ Receipts from capital stock and paid-in surplus reductions that are
(In millions of dollars)
Fiscal year
or month
2/
5"6 V37
6 12/
2
739
10/ Includes partial return of amounte paid to the Commodity Credit
Corporation for the restoration of Capital impairment - $1*1+ mllllona;
and the repurchase by Federal savings and loan associations of the
Treasury Department's investment In their shares - $10 millions.
11/ Includes recoveries of U.S. investments in capital funds as follows:
Reconstruction Finance Corporation stock retired - $175 millions;
Federal Home Loan Bank stock (resold to Reconstruction Flnancs
Corporation) - $125 millions: retirement of Treasury Investment In
Federal Savings and Loan Association shares - $10 millions; sale to
Reconstruction Finance Corporation of bonde held by Public Works
1
Table 2.- Analysis of Receipts from Internal Revenue^
income
and
stents
136
-5
-23
18
20
10
1*02
Public
debt
retire
1*
53
3
1
79
150
2
3
1
^5
160
2
7
3
1
7
1*8
Dally Treasury Statements.
Less than $500,000.
For further details, sse chapter on Internal Revenue Statistics.
Includes unjust enrichment tax.
For the period prior to September 1939, the data In the columns entitled Federal Insurance Contributions Act and
represent eollectlone under Titles Till and IX, respectively, of the Social Security Act.
Includes chiefly alcoholic beverage tsxes. tobacco taxes, manufacturers excise taxes and estate tax.
'
Budget Receipts and Expenditures - (Continued)
Table 3.- Analysis of General Expenditures
(Io millions of dollars)
Fiscal year
or month
Total
Veterans'
Administration
Public
forks
1/
Si
Aid to
Agriculture
1/
Grants to
Work Project*
Federal Emergency
States under Administration and Relief Administrathe Social
National Youth
tion and Civil
Security Act
Administration
Works Administration
hi
if
fi/
Civilian
.
Budget Receipts and Expenditures - (Continued)
Table 5.- Analysis of Expenditures for (II Revolving Funds and
(2)
Transfers to Trust Accounts, Etc.
(In million! of dollars)
Tranafere to truat account*, etc. 2j
Rerolrlng funds (not) 1/
fiscal yaa
or month
7U
1933193&-
»96
3"5
1935
1936
1937
1938
1939
19U0
19U1
19U0
11
20U
121
92
5"
-136
-
Sapt.
Oct..
I0T..
Dec.
19V1
Total
-
-9
-5
-23
•
.
Public
Aid to
agriculture vorke
TV
3U6
1*1
-33
-18
-13
-8
-6
-159 8/
-11
-11
-26
Adjusted
Service
Certlflcat!
fund 5/
I
Total
\
121
1U9
20V
uu
221
13U
101
59
23
71
Ball road
Retirement
Account
a
2
3
20
20
557
1U6
73
75
107
121
12U
87
93
10
•
-1
10
1
2
18
20
10
20
10
Apr..
2
2
18
8
Mr..
-97
3
June.
-1
-1
July.
Aug..
Sapt.
2
2
153
1*6
3
2
3
j
(surplus commodity
.lamps) Jj
sharp)
Ul
"7
2
if
3.
.773
l.eiu
603
220
182
208
235
10
1
Source:
(P.
21
21
1
.
Surplus Marketing
Administration
Gorernment
employees'
retirement
funds
100
50
50
2
Jan
P.b..
Mar..
Railroad Unemployment
Inauranco Administration
rand trmnafora to Tnemplojaant Trust fund 6/
103
2
Dally Treasury Statement,
Less than 1500.000.
Additional transactions on Aid to agriculture and Public works are ahown In Table 3>
Such
Excludes aaounte tranafsrrad to that fedsral Old-Age and Surrlrore Insurance Trust Fund (formerly Old-Age Reserre Account).
ajaounta are shown Instead In Table 1 as daduotlona from total budget receipts to arrlre at a figure called net receipts, and are
reflected under trust account receipts as net appropriations to the federal Old-Age and Surrlrore Inaoranee Trust Pund.
farm Credit Adnlnletratlon.
Public Works Administration.
Adalnlstsred by the Veterans' Administration
Act of October 10. 19*10.
Prior to September 19U1, these expenditures were reflected under Aid to Agriculture. Table 3.
Reflects reduction of sxpsndlturss through raoorerlee of investments In oapltal funds of Ooreraaantal agencies aggregating
8155 nllllona.
Table 6.- Totals by Months, Beginning with 1033
(In millions of dollars)
Hat racelpta 1/
1933
193V
1935
1936
1937
1938
1939
19VO
19U1
Peb.
U6
112
?06
21U
218
230
308
211
203
228
239
29"t
271
Total expend I turee 2/
1933
193*
19351936.
19371938.
1939.
19U0.
19U1.
let budget deficit 1/
1933
193*
1935
1936
1937
1938
1939
19«0
I9U1
Source:
Jan.
315
uuu
3110
5*1
272
695
U82
521
539
V92
656
712
1.111
2U6
63"
528
U80
5U6
U7U
612
668
1.075
156
Ugh
13U
U28
31U
2b2
316
279
293
300
198
385
398
771
166
53»
Apr.
Mar.
272
U20
601.
JJ
2
967
916
687
799
1.566
llV
182
228
231
318
262
SOU
565
3"1
573
5
^
6U3
570
636
599
631
695
631
730
783
1.315
766
705
820
822
1.399
69
153
301
U61
157
237
2U6
256
290
373
3«7
uoo
39V
527
686
51t
22
517
U79
-167
750
June
July
163
218
279
3|
Aug.
188
286
299
?'"
U12
W19
265
UU9
U21
S?
678
676
711
1.135
31
VU7
397
301
611
561
656
635
292
561
U2U
57V
Jh2
5UU
570
676
632
?
U13
6U7
l.lUl
818
1.598
h
706
1.529
759
1.87V
166
2*7
138
10U
275
125
231
105
195
U02
258
.133
•30
22V
193
3U8
2V7
7U7
393
282
£
U51
U99
W7
1.185
Total
Sapt.
718
7V1
281
.3
-200
-212
132
Kay
?
521
362
7U0
2.526
3.V92
3.857
U.372
5.798
5.650
U.918
5.83V
537
361
$
559
U89
56U
507
636
607
716
635
830
832
1.172
U.389
7.28U
6.682
9.2UU
7.75V
8.097
8.885
9.657
175
251
173
199
-188
157
I.863
3.792
2.825
U.872
1.956
2.UU7
3.967
3.823
3
209
235
272
292
300
279
333
23"»
677
565
737
721
869
21
281
95
Ultl
1U9
177
-115
8J
273
UO
65
uk
U8
536
286
"•57
6U6
6U8
817
152
312
255
331
171
296
28U
"55
332
385
U3U
517
823
672
U
?
U32
739
Haily Treasury Stataaant*.
Beflnalac July 19**0. eawunt* representing appropriations equal to collection* of Social Security taxeo under tha Tederal Ineurance
Contributions Act for old-age Insurance (lees relaburseawate to tha General fund of tha Treasury for administratis* expense*) hare
boon deducted froa total budget receipts In tha Eaily Treaeury StataMat to arrlTa at a figure called not receipt*.
Such deduction
ltaae are reflected under trust account receipt* ae net aporoprlatlone to the Federal Old-Age and BurriTore Iaiurance Trust TMnd.
the
above
In
statement, elallar treat-soot hae been accorded net tranefere to tha federal Old-Age and Surrlrore Insurance Truet Fund
(formerly Old-Age Kaserve Aocount) aada during tha flecal year* 1936 to 191*0. la order to facilitate comparison with later period.
eU?ludeo public debt retirewente.
Total expendltureo !•* net reeelpte.
BUDGET RECEIPTS AND EXPENDITURES
1936
1938
1939
1940
DOLLARS
M illiona
.500
JMMJSNJMMJSNJMMJSNJMMJSNJMMJSNJMMJSN
1,500
1,250
1,000
750
500
250
-250
.
. ..
Receipts and Expenditures for Trust Accounts, Increment on Gold, Etc.
Table 1.- Trust Funds
(In millions of dollar,)
Fiscal /ear
or Booth
Total
try it funds
oat receipt! (*)
or net expendi-
ture
Federal Old-age and
Sunrirors Insurance
Trust Fund
Receipt,
Net
(-)
Railroad
Retirement Account
Unemployment
Trust Fund
Expendi-
Receipts
tures
Expendltures
Receipts
Other
trust accounts 1/
Expenditures
6U
3*
19
19U0-September.
October..
BoTember.
December.
July
August. .
September.
.
t
1/
-151
2U
32
1U5
123
32
123
-lUS
-155
1
529
577
707
1
.838
-It
837
957
1,118
151
3
1
37
32
-5
+132
-166
132
1
-7
-151
1
167
2
37
-3
-6
«1W
1U6
2
•
-183
-186
lUe
56
us
U5
"»3
165
159
157
-196
-202
1
156
63
115
lUU
-10
Ml
-10
76
70
156
27
285
210
237
2.020
838
327
325
35
55
1
22
21
10
10
26
10
17
2U
6U
3"
20
lUg
109
123
127
lU6
107
125
10
10
20
10
10
10
116
10
20
10
-It
2>t
9
10
10
10
13
17
6
3*
2"t
33
27
10
9
u
3
51
-2
-9
+2
•
-1
82
176
2U
89
171
2U
+2
uu
+7
-h
It
5
6
1
U69
35
75
167
"9
69
167
5
11
67
28
-7
-3
-2
203
-2
107
1"5
52
1U9
1
2U1
2
2
751
959
l.llU
-8
1
8
8
Ml
April.
May...
June.
•
-1*7
U«
1U0
19Ul-January. ..
February.
March
Source
10
12
29*
763
29"
UOl
267
267
U02
530
580
717
1
1
3
11
29
37
73
Expendlturee
280
233
301
2.053
858
323
3U9
366
525
-5
-5
+2H
1933193».
19351»16.
19371938193919U0.
19U1.
Receipts
11
31
56
U2
8U
86
51
*?
138
1*5
38
28
33
21
Dally Treasury Statements.
Less than 1500.000.
Includes Ooreruaent Insurance and retirement funds, etc.
Table 2.- Other Funds
(In millions of dollars)
Transaction, lo checxlng accounts
of OoTernment agencies, etc.
Fiscal year
or aooth
Total all
traneactlons
Issuancs
of obligations 1/
Other
transactions
-818
-73U
1933
193&
1935
1936
1937
1938
1939
19TO
19U1
81
637
108
3lU
20>l
76S
I9U0- September.
!
288
1.106
+852
-17
-2
-15
-U9
-It
70
176
-62
-29
19Ul-Jenuary.February.
March
-18
-129
-69
-3
-1
-3
April.
May...
June.
361
629
July
Auguet.
September.
51»
569
-169
-93
-3
-192
-80
.
Recelpte
Expenditure,
2.81
2.000
-106
-33
-15
-128
-66
-268
-219
-80
-35
-166
-93
-9
-51
U<A
101
52
5
Receipts
net
1U0
176
iito
Uo
90
90
U9
20
UO
90
90
U9
20
3
2
3
I
3
+1
1
1
1
2
2
2
2
Miscellaneous funds
and aooounte 2/
Expendi-
Expenditures
Receipts
tures
176
2
8
-'
-16
u
-17
-15
-18
15
18
»i
2
2
1
1
1
1
•2
2
2
2
1?
*r
6
3
-3
15
-•
6
21
29
Dally Treasury Stutenents.
than $300,000.
Set receipts in this coloan constitute q«*. sales, and net expenditures constitute net redemptions of obligations.
Comprises FVA reTolYjng fund, and special deposits (net). Alio Includes Surplus Marketing Administration commodity stems transactions
beginning with September 19'U. shown as budget expenditures under aid to agriculture In prerlous aonths.
Details not arallable.
Uu
1-
.
1
-226
October.
HoTeaber.
December.
.
Sslgnorage on Oliver
-11:
-U03
-337
-2U6
-1.077
Ul
Increment on gold
.
.
.
.
,
,
10
Means of Financing Cash Requirements
(In sdlllons of dollars)
Moons of financing
Aeouat required to bo finance*
ot
ot
flsaal jsar
or Month
lotol
amount
required
to bo
financed
ot
budget
deficit
lot
lacrosse
In Sonera!
fond
1/
1933-
3.052
1.7*
UU5
193*-
*.6l6
2.896
1,720
1935-
3.209
3.209
1936.
5.390
*.550
1937.
3.1*9
1938.
1.38*
1939-
it.lft
3.5*2
19*0.
3.611
3.611
19*1.
5.99*
5.103
207
19*0- September.
October
*,51*
1.6*«:
5.390
5.078
3.1>»9
3.1»*9
2.6*6
128
37*
1.38*
1.3*
7«0
338
306
*,l6*
3.275
3.611
2.528
1*8
5.99*
5.99*
*8
158
207
16s
39
2*
559
6*
*95
*55
136
103
75B
752
622
7*2
Doe saber.
752
111
MUl-Januarj.-
86S
771
97
robruerr.
537
53*
-167J/
April,
750
750
(tar...
1.011
7*7
Juno.
1,2*1
252
1,185
1.185
.
1,1(08
1.133
September
1.033
739
Soureo:
1/
2/
37
.
823
glto
536
July
otc. 2/
3.209
"TO
*32
August.
rocolpts
la trust
account s
increaent
on gold.
3.052
559
1.083
la
public
dabt
lot
doeroaoo
In Oeaoral
fund
balaaeo
4.616
*55
Korea
Total
amount
financed
lucre aae
3.052
HoYOBbor
.
expenditures
la treat
aeeesnte
Increment
on geld.
ote. 2/
209
101
7*1
890
9*7
868
852
3
537
213
236
1.083
1,083
750
58
290
26b
1.011
*90
521
729
259
1,2*1
1,2*1
1.185
55I
27*
2
1,*08
1,*08
293
1.033
*25
1,01*
821
312
136
216
15
32*
3*
*03
599
607
Sally Treasnrr Statomooto.
Xxoludes public dobt retirements.
Comprises traat sceouats. chocking aecouato of Sorernmeat agencies, ote.. laeroaoat ea gold, oelgnlorage on ollTor, and miscellaneous
Increment oa geld axeludoo expenditures for national bask note retirements.
funds and accounts.
Set budget surplus.
:
..
.
.
9
e
9
3
e
7
11
Receipts and Expenditures under Social Security Act, General Fund Accounts
(In millions of dollar*)
Xrpendl tores
Receipts
Social Security taxes
71 seal year
or month
total
1936.
1937.
1938.
1939-
Federal
Federal
UneaployInsurance
aant Tax
Contributions Act Act (Unemployisant
(Old-age
Insurance) insurance)
252.2
60U.U
631.2
712.2
788.2
51U.U
530.U
60U.7
690.5
57.8
90.1
100.9
107.5
97.7
19U0- September.
3-3
2.7
.6
October...
November.
December.
37-2
133.1
3". 5
2.7
8.0
.6
19110.
19U1.
.
19Ul-January.
February.
Hareh
.
April.
May...
June.
.
1/
sl
1/
5/
5
1873-?
U.i
August.
September.
.
1
125.1
3-1
U6.0
H1.7
157-1
July
Source
3-7
19 *.?
U7.0
167.O
"t-3
1&!
12.1
53-5
2.6
•
Less amounts
credited to
Federal
let
Old-Age and receipts
SurTlTore Insurance Trust
Fund 1/
265.O
387.0
503.0
537.7 57
661.3
-12.8
217. U
128.2
Grants to Statae
Adminlstratlre
expenses
Total
2g.lt
.6
I83.I
332.1
15.8
20.0
21.3
25.3
31.5
27.8
166.3
271.5
320.3
356.5
&15.2
26.9
157.S
229.5
S9!
5/
28.lt
261. U
298.2
352.2
•9
9.1
Ul.9
58.9
58.3
63.O
195.9
11U.7
215.1
209.7
322.5
2-7
13-9
13-"
•5
lU.O
32.1
122.7
2.8
2.7
2.6
53-9
3U.C
16.2
38.7
33.8
.2
3.0
56.9
36.°
19.0
15.2
10. U
•7
15.9
51.8
26.5
16.0
lU.2
55-6
3.0
53-3
29-8
36.U
1:1
2.7
50.7
27-2
^3-5
37-2
25-0
33-2
13-5
2.2
39-2
-25-8
"*.7
2.6
2.6
2.6
U6.5
12.0
1U.0
3U.0
30.5
12.8
12.5
1.5
1.2
lib.
2.8
2.6
2.7
U3.0
13.1
U0.1
30.3
JH
a
55-5
33-'
30.0
31.
132
9
3
£:
9-6
3-0
UU.F
2.2
7-5
U2.
157.
U.U
9-7
59-9
U3.1
•9
3/
16.8
39-2
1U9-7
3-3
,:u-
Unemployment
compensation
administration
Ixceaa of
•xptndlturet
2.8
U9.U
3U.9
16.9
159
ance,
etc.
2/
17>».5
126.9
Old-age
assist-
Bafundt
of t(U«»
1.
3-1
33-1
33."
.3
26.2
25-3
13-9
Dally Treasury Statements.
Prior to January 1. I9UO. figures represent amounts transferred to the Old-age Reserve Account.
From January 1 to July 1, 19^0. tranefers
vere made to the Federal Old-Age and Survlvore Insurance Trust Fund.
Subsequently receipts bare been depoelted to the General Fund of the
Treasury and appropriated directly to the Federal Old-Age and Survlvore Insurance Trust Fund. Amounts shown as transfers to the Trust
Fund reflect deductions made for relmbureement to the General Fund account to cover administrative expeneee, which are shown as an expenditure In table below.
Includes only expenditures from appropriations made specifically for administrative expenses relating to the Social Security Act and
amounts for administrative expenees reimbursed to the General Fund of the Treasury under Section 201 (f) of the Social Security Act,
ae amended.
Beginning July 1, 19UO, lncludee also administrative expensee under the Wagner-Peyser Act. Excludes administrative expenees
payable from other appropriations, principally for the following agenclesi Bureau of Internal Revenue of the Treasury Department, Public
Health Service, and Office of fducation of the Federal Security Agency.
Second Deficiency Appropriation Act, fiscal year 1938, approved June 25. 1938, carried an appropriation of $Uo, 561, 866.1*3, pursuant to
authorisation of August 2U, 1937. for making refund to certain Statae of portions of Federal employers' tax for 19 7 b collected under
Title IX of the Social Security Act.
Other refunds are on account of Employment taxee (Title Till) and Tax on employers of 8 or more
(Title IX, Sec. 901) "Other than to States'.
Covered by appropriations from the General Fund of the Treasury.
Revised to bring classification Into agreement with accounts.
Receipts and Expenditures, Federal Old-Age and Survivors Insurance Trust Fund
(Cumulative - In millions of dollars)
Expenditures
Receipt
Ind of
fiscal year
or month
1936..
1937..
1938..
1939..
19U0.
19U1..
19111-July
August
September.
Source:
1/
2/
Appropriations from General Fund
Interest
Total
receipts
Credited
Total
to
Trust
Fund
267.3
782.7
1.199.6
1.792.1
2.536.2
265.O
765.0
1.155.0
1.705.0
2.393-1
265.0
652.0
1.155.0
1.705.0
2.393-1
2.581.0
2.U38.0
2.597.5
2.600.8
2.U38.0
2.597-5
2,600.8
2,7l«>.6
2.7UU.0
Balance
available
In General
Fund
Total
expenditures
Benefit
payment
17.7
Wt.6
87-1
5-»
19.3
U7.lt
5.H
19.3
35-1
11*3-1
138.6
99.5
1U3.1
1U3.1
iitg.3
158.it
1113.2
168.6
106.9
11U.8
122.9
lnveetments
Reimbursement for
administrative
expenses 1/
Dally Treasury Statamente.
Under Section 201 (f) of the Social Security Act aaendmente of 1939.
Includes balance of General Fund appropriation not yet transferred to Trust Fund.
Total
To credit of
Trust Fund
on books of
Treasury 2/
To credit
of disbursing
offlcere
267-3
777.2
1.180.
267-1
662.3
177.2
12.3
39-1
1.7W».7
2.397-6
-738.1
.5
I*?
6.1
38O.6
6.2
10. s
Ui.j
2,«32-8
2.582-2
2. 575-lt
,370.6
360.6
-556.0
206.2
"5-7
2-3
113.0
Unexpended
Investment e
.1
.1
111.0
1.9
.1
Us.
7-1
13-3
15.U
12.3
9
. ..
.
5
1
U
e
6
e
5
12
Receipts and Expenditures Under Railroad Retirement and Railroad Unemployment
Insurance Acts, General Fund Accounts
(In millions of dollars)
Receipts
Fiscal year
or month
Expenditures
Transfer e to
Railroad Retirement account
(Trust account)
Administrative
expenses
Total
1/
1936
1937
1938
•3
1939
19IO
1911
19U0-Septemb«r.
October.
November.
December.
.1
1-5
150.1
109.3
125.9
IU3.8
1U9.0
26.1
10.5
.1»
•3
128.3
139.1
ft
116.1
107.1
120.7
7-2
121.
•
5
20. S
.5
•5
.5
-15.6
20.0
15.6
-30.2
.1
.5
.6
5.5
30.6
18.0
20.6
10.5
:1
•5
10.0
20.0
10.0
April.
M«y...
June.
1.1
8.1
27.8
9.0
1.0
1.0
•7
8-3
1.0
l.C
.0
51.0
1.1
.7
1.1
July
August.
5-7
32.9
. . .
September
Source:
1/
2/
•
2.1l
-1.7
10.0
.
.
1.1
-i.l
1.1
7-5
Tebruary.
March
19>« -January
£/
•3
110.1*
U.9
30.8
Excess of
expenditures
Transfers to
Railroad Unemployment Insurance Account
17>
7-5
15.3
-20.1
7.6
-7-1
-26.8
16.
50.1
3-9
-lt.6
-32-2
.7
7
Dally Treasury Statement*.
Includes only expenditures from appropriations made specifically for administrative expenses relating to the Railroad Retirement and Railroad
Unemployment Insurance Acts.
Covered by appropriations from the General Fund of the Treasury.
Receipts and Expenditures, Railroad Retirement Account (Trust Account)
(Cumulative
-
In millions of dollars)
Receipts
Expenditures
Appropriations by Congress
Ind of fiscal year
or month
Transfers
from
General
fund
Total
receipts
19Ul.
16.6
16.6
1I7.?
268.1
390.8
506.9
16.6
16.6
1I6.5
261.8
381.9
198.5
1911-July
August.
September.
6I7.8
6I7.8
617-9
639.1
639.1
639.1
1936.
1937.
1938.
1539.
19*K>.
.
Source:
i/
.
Unexpended
Balance
available
for
transfers
Investments
Benefit
payments
1/
1.0
116.1
253.5
371.2
.1
11.3
10.7
%8.5
5W1.
91.5
511.9
511-9
91.
9I.5
Investments
Total
1.1
3-6
79.
185.
1:2
298.7
I19.9
8.1
8.5
8.5
I30.
lUo.
150.
Dally Treasury Statements.
Includes balance of appropriation arallable for transfers subsequent to June
Less than $50,000.
?,0,
16.6
I2.6
68.1
82.8
92.1
87.0
16.6
36.6
66.2
67.2
79.1
71.0
a7-6
107.9
101.9
91.0
207.3
197-0
1937-
Receipts and Expenditures, Unemployment Trust Fund 1
'
(Cumulative
- In
To credit
of appropriations
millions of dollars)
.2
13.2
10.
2.5
91.
91.
<=
91.6
To credit
of disbursing
officer
6.0
1.6
2-3
i.e
10.5
15.2
10.9
11.1
13
Cash Income and Outgo of the Treasury, by Major Classif .cations^
1*
CASH INCOME AND OUTGO OF THE TREASURY
1937
1938
1939
1940
DO LLARS
M
i
II
io ns
1,2
JMMJSNJMMJSNJMMJSNJMMJSNJMMJSNJMMJSN
2.000
,750
1,500
1,250
1,000
500
250
1.250
1,000
750
500
250
-250
-500
50
GENERAL
FUND
OF
-15-
THE
TREASURY
.
.
16
Assets of the General Fund of the Treasury
(In millions of dollar*)
Bullion, coin,
Ind of flacal
year or month
and currency
1933
193*
1935
1936
1,103
3.033
2,016
2.936
1SU
I.0U5
I.OUU
865
51
97
118
862
1937
193«
1939
2.709
1.863
827
lUl
929
1,022
2,1*19
191*0
19^1
Special depoelte
account of sales
of Government
securities
Deposits In
federal
Raearra Banka
3.087
2.038
2.812
1,19**
SA
25>l
9SU
1.02**
Other
deposits
and
collection*
31
37
55
5*
837
l,85"»
799
1.150
6U9
611
776
805
661
105
D»3
55
52
95
2.566
985
759
715
106
2,101
1.976
2.110
886
886
913
391
268
713
705
675
111
116
2.203
1.873
2.885
895
702
385
1*79
February
March
S2
1.21*5
566
127
118
130
April
Kay
June
2.599
2.079
2,812
992
926
July
August
September
2,807
3.057
i.oUi
1,086
991
19Uo-September
October
lomkr
December
19Ul- January
Sourcs:
2.1(61
1*05
U7
"*77
AT
910
lUl
1*3
1*70
1,021*
661
9JU
995
526
680
833
797
151
AT
Dally Treasury Statements.
Balance In the General Fund of the Treasury
(In allllona of dollaxa)
bid of flacal
year or aonth
Total
assets
1933193&.
1935.
1936.
1.103
3.033
2,016
2.936
19371938.
1939.
2.709
Total
liabilities
Balance
Analysis of balance In the General fund
In the
General
fund
Vorking
balance
2l*0
862
1*51
2,582
l.sUl
2,682
862
1,771
1.001
2.069
2.000
1.622
2.160
1.163
1.885
156
203
Seigniorage
on silver
!
Increment
on gold
1U0
316
811
TOO
297
SI
198
1»7
536
585
605
A3
2"t«
19"»1.
3.087
2.038
2,812
1*7
179
2.553
2,216
2,838
1.891
2.633
19U0-September.
2,566
151
2.U15
1.680
592
113
October.
November.
Dececber.
2,101
1,976
2,110
181
159
181
1,920
1,817
1.928
1.183
1.078
1.188
595
596
597
A3
A3
19Ul- January.
rebruary.
2.203
1.873
2.885
178
172
170
2.025
1.701
2.715
1,283
957
1.970
599
601
602
1*3
April.
May...
June.
2.599
2.079
2,812
173
175
179
2,1*25
679
1,90U
2.633
,157
,885
603
60U
605
A3
A3
A3
July
August ....
September.
2,807
3.057
2.U61
208
185
195
2.599
2.873
2.266
2,120
1,511
607
610
611
A3
A3
A3
2,1*19
191*0.
March
-
1.81*8
:
ll*2
1U3
11*3
A3
A3
Dally Traaaury Statements.
Havl.ed.
In the fiscal years 1935 and 1936. 191 Billions and I55U allllone, respectively, were transferred from increment on gold to
the working balance for retirement of national bank notes.
In this statement, however, charges for retirement of national bank notes
are reflected directly against increment on gold In the years during which the retirements were actually made.
Inactive gold in the
amount of $1,087 allllona for the flacal year 1937 la considered as a part of the working balance.
.
.
.
17
Analysis of Change in Balance of General Fund of the Treasury
- Net
[in ml lllons of dollars
Change during fiscal
year or month
Total
change in
General
Fund
balance
Increase or net decreaBe <->]
Working balance
Total
working
balance
General
Public
Trust
and
debt
accounts
special
ac count e 2/
accounts 1/
y
Miscellaneous
funds and
accounts
is/
1933-
1*1*5
l*l*5
-1
,
78U
3.052
193 1*.
1.720
-2.896
"*,5lU
1935.
-7U1
-769 6/
-3.209
1.739 2/
1936.
8>*o
1,067 6/
-U.550
5.**75
1937-
-128
-70
-3.1*9
1936.
-338
-377
-1.38U
1939.
622
537
-3.5^
908
11
191*0.
-9117
-997
-3.611
792 1/
3.280 1/
2,528
19>*1.
71*2
722
-5.103
5.991*
19U0-September.
-39
-UO
-1*8
168
October.
November.
December.
19^1-January.
February.
March
April.
May.
..
June.
July
August ....
September.
-U95
Checking
Seigniorage
accounts of
Government
silver
agencies,
etc.
Increment
gold 5/
PUBLIC
DEBT
OF
THE
UNITED
(Excluding data on ownership)
-18-
STATES
19
Statement of the Outstanding Public Debt on June 30, 1941 and September 30, 1941
(In ail lion, of dollar,)
20
.
21
Maturity Schedule
of United States Government Interest-Bearing Marketable Securities Outstanding!/
As of September 30, 1941
(Amount Is million! of dollars) 2/
Clat.lfl.d by raar la which
linn
HihDescription of security
Cla,«lf 1.4 by ymar In which lisusi matura
ars first eallabla J/
mat oxl ty
lime.
Callable
lssusi
CmrolatlTe
total
maturlty
Dascrlptlon of security
Cal labia
CumtilatlTe
total
lin»
l?Ul
194l
Bllle
1-1/4*
Bill
I.305
Iot»
C -
Total.
1.30'
305
i-i/i»* jot., e - 12/15/U1.
12-15-41.
1942
804
Total.
1.509
1.509
1.509
I.509
191*2
1-3/4* Botee 1
lot.. B
2*
u3/"4i iot«i e
3/l5/»2.
9/15/42.
12/15/42.
total
1-3/4* Botss A - 1/151*2.
Iotas B - 9/15/1*8.
l-3/ll* Botas C - 12/15/48.
426
342
232
486
348
232
2*
1.000
1,000
2.509
2.509
1»3
19»3
3/4*
1-1/8*
5-3/8*
1*
3-1/4*
1-1/8*
lottt B- 3/i5/>»3....
Iota* A - 6/15/43
6/15/4>J*7.
Bonds
- 9/15/U3
Botas
- IO/I5/U3-U5.
Bonds
Botss B - 12/15/43....
total.
66
629
3/4*
1-1/8*
1*
1-1/8*
11511
279
Istaa B - 3/15/>>3.
Iotas A - 6/15/43.
Iotas
- 9/15/!i3.
Iotas B - 12/15/U3.
66
689
279
481
i.uoi
1.395
3.904
1.395
U21
1.855
5.759
19W
194*
1*
3-1/4*
3/»*
1*
3/4*
k*
Botss B - 3/15
Bonds
4/15
/I5/WUN6!
Botst 1 - 6/15/44.
Botss C - 9/15/44....
Botss D (Bat. Dsfansa
Ssrlss)- 9/15/44
- l2/l5/44_54.
Bonds
1.519
.
Total
1*
3/**
1*
3/H*
515
4l6
283
Iotas B - 3/15/44
lotos A - 6/15/44
Iotas C - 9/15/44
lotss D (Bat. Bafansa
Sarlas)- 9/15/Vl....
635
Total.
1.037
1.849
515
416
883
635
1.849
5.753
10,164
2.556
1945
19*5
Botss A- 3/15/1'5....
2-3/>»* Bonds
9/l5/'*^l- 12/15/115
2-1/2* Bonds
Hotss B (Bat. Dsfansa
3/4*
Sarlss)- 12/l5/lt5
3/4*
Total
718
3/4*
3-1/4*
2-1/8*
3/4*
1.214
5U1
531
1.790
1.81k
lotas A - 3/15/>»5.
- 10/15/43-45.
Bonds
- 12/15/4?
Bonds
lot.. B (Bat. Bafansa
Sarlas)- 12/15/45
.
Total
13.168
1946
.
718
1.401
5*1
531
1.790
1,401
8,944
1946
Conrarslon
bonds 1/1/46....
Bonds
- 3/15/116-56.
3-3/
- 6/15/46-48.
Bonds
3*
3-1/8* Bonds
6/15/46-49.
ConTarslom
bonds 1/1/46....
- 4/15/44-46.
3-1/4* Bonds
3*
3*
1
16
*
Total.
U89
1.036
819
16
2.344
Total.
ll-l/lt*
2*
1.519
10,479
1»7
Conrarslon
bonds 1/1/47
- 10/15/U7-52.
Bonds
Bonds
- 12/15/47
Total.
Conrorslon
bonds 1/1/47
3-3/8* Bonds
6/15/43-47.
- 9/15/45-47.
2-3/4* Bonds
- 12/15/47
Bonds
2*
3*
13
759
701
711
759
17.001
Total.
19U8
2*
2-3/4*
2-1/2*
2*
1.519
16
15.528
1947
3*
If
13
454
1.214
701
7lU
1.668
12.861
1941
Bonds
Bonds
Bonds
Bonds
3/15/48-50.
9/15/"»8....
12/15/11S-50.
Bonds
3*
2-1/2* Bonds
1.115
1.283
3/15/!t8-51.
6/15/U6-4g.
-
9/15/4S...
2.909
1.036
151
H51
571
U51
1.036
14.J4S
20.361
I9U9
1949
2-1/2* Bonds
3-1/8* Bonds
12/15/119-53.
12/15/!i9-52.
1,786
U91
Total.
2.277
-
1,186
3-1/8* Bonds
-
6/15/4S.49.
Total
819
819
15.167
22,638
1950
2-1/2* Bonds
-
U51
1950
Total
9/15/50-52.
1.186
23,8211
2*
8*
Bonds
Bonds
- 3/15/48-50.
- 18/15/48-50.
Total.
(Continual on following page)
1.115
571
1,686
16,853
22
Maturity Schedule
of United States Government Interest -Bearing Marketable Securities Outstanding^
As of September 30, 1941 - (Continued)
(Amount In millions of dollars) 2/
Classified by year la whlah issues an* first callable J/
23
Statement Showing Details of Major Financing Operations of the Treasury
1938
Since January 1
,
(In millions of dollars)
9
.
2^
Treasury Bill Offerings since September
Dat« of
Issue
Date of
Baturi ty
Husber of
day* to
aturlty
U.
Dae.
Dec. 11.
Dec. 18.
Dec. 26.
1940
Bid* accepted
Total amount
applied for
(In Billions
of dollars)
19l40-Sept. 4.
Sept. 11.
Sept. IE.
1,
(In millions
average
•qui relent
rate 1/
(Percent)
of dollars)
Amount of
maturing
Issue
(In Billions
of dollars)
92
322.1
100.1
100.1
100.3
100.0
2-
92
91
91
91
91
101.5
101.9
100.6
100.5
100.9
100.000
100.000+
100.000+
100.000+
100.000+
0.000
8.
Jan.
Jan. 15.
Jan. 22.
Jan. 29.
372-5
500.7
U75-6
413.3
383-9
Hot.
6....
Hot. 13 lj.
Hot. 50 ^]
Hot. 27 %J
Peb.
5.
Peb. 13.
fab. 19.
Peb. 26.
91
92
91
91
236.5
285.6
280.8
298-6
100.1
100.4
100.3
101.3
100.00099.999
99.999
99.999
0.002
0.003
0.003
0.004
100.4
100.1
100.2
100.0
4 lj.
Dec.
Dec. 11 2/.
Dec. 18 2./.
Dec. 26 lj.
Mar.
5.
Mar. 12.
Mar. 19.
Mar. 26.
91
37U.lt
91
91
101.0
101.2
100.3
100.4
99.999
100.000100.000+
100.000+
0.002
0.001
90
4o6.i
397-9
422.3
100.1
100.1
100.3
100. b
Apr.
Apr.
100.003
100.003
100.003
100.001
100.000+
Sept.25.
Oct. 2.
Oct.
9.
Oct. 16.
Oct. 23.
Oct. 30.
194l-Jan.
91
91
91
212.9
255-5
Average
price
(per hundred)
283. J
99-991
99.990
99-992
99-997
O.O36
0.038
0.032
0.013
100.0
100.0
100.1
100.2
100.3
100.4
100.1
100.4
100.4
2/
1/
if
9-
90
91
648.2
560.5
Apr. 16.
Apr. 23.
Apr. 30.
91
91
91
398. S
304.0
263.1
100.4
100.0
100.0
100.0
101.3
Tab.
5 2/.
Job. 13 J/.
Tab. 19 2/.
Tab. 26 J/.
May
Nay
May
May
lU.
21.
28.
91
90
91
91
312-3
227.6
209.8
258.1
100.5
100.3
100.1
100.1
100.000+
100.00099.998
99-989
0.000+
0.007
0.043
100.1
loo.u
100.3
101.3
Mar.
5.
Mar. 12.
Mar. 19.
Mar. 26.
June U.
June 11.
June 18.
June 23>
91
91
91
91
525-3
452.6
442.4
3O8.8
200.3
200.3
200.2
100.4
99.978
99.970
99.971
99-984
0.086
0.120
0.117
O.O65
101.0
101.2
100.3
100.4
Apr.
2.
Apr.
9Apr. 16.
Apr. 23.
Apr. 30.
July 2.
July 9July 16.
July 23.
July 30.
91
290.8
91
91
91
208.
91
252.6
247.4
301.7
100.6
100.1
100.4
100.1
100.1
99.986
99-980
99.976
99.975
99.976
0.055
0.079
0.093
0.097
0.097
100.4
100.0
100.0
100.0
101.3
May
7-
May
May
May
14.
21.
28.
Aug. 6.
Aug. 13.
Aug. 20.
Aug. 27-
91
91
91
91
315.8
37U.7
301.5
260.4
100.0
100.0
100.5
100.3
99.976
99-983
99.982
99-983
O.O96
0.069
0.070
0.069
100.5
100.3
ioo.i
100.1
June U.
June 11.
June 18.
June 25.
Sept. 3.
Sept. 10.
Sept. 17.
Sept.2U.
91
91
91
334.
"39-5
439.
91
398.1
267.8
200.1
200.3
200.6
100.1
99.973
99.975
99.974
99-983
0.107
0.100
0.103
0.066
200.3
200."
200.2
100.4
July 2.
July 9July 16.
July 23.
July 30.
1.
Oct.
Oct.
8.
Oct. 15.
Oct. 22.
Oct. 29.
91
91
91
91
91
281.1
281.7
306.1
292.8
266.6
100.9
100.0
100.'
100.1
100.0
99-978
99-976
99.975
99-975
99-976
0.086
0.097
0.097
0.098
O.O94
100.6
100.1
100.4
100.1
100.1
6.
Aug.
Aug. 13.
Aug. 20.
Aug. 27-
Hot.
5Hot. 12.
Hot. 19.
Hot. 26.
91
91
91
91
293-2
288.8
327.1
100.2
100.1
100.2
100.8
99-973
99.971
99.971
99.971
0.106
0.114
0.116
0.114
100.0
100.0
100.5
100.3
Sept. 3.
Sept. 10.
Sept. 17.
Sept.2U.
Dae.
3.
Dec. 10.
Dec. 17Dec. 24.
91
91
91
91
383.6
439.5
493.4
404.2
100.4
101.0
100.0
100.7
99.977
99.982
99-987
99.991
0.090
0.071
0.050
0.037
200.1
200.3
200.6
100.1
194l+Jan.
2
Jan.
8 HV.
Jan. 15 1/.
Jan. 22 V.
Jan. 29 !/•
2.
7-
Source: Accounts of Public Debt Service.
Back Figures: Annual Reports of the Secretary of the Treasury.
1/ Bank discount basis.
Hegatlre.
2/
1/ Hatlonal Dsfense series.
297.>>
&,
n
2/
101.5
101.9
100.6
100.5
100.9
25
Statement of the Debt Position of the United States Government under Limitations
Imposed by Section 21 of the Second Liberty Bond Act, as Amended
As of September 30, 1941
Total
fan
amount which Bar be outstanding at any
om
(6$, 000, 000, 000
time
Face amount outstanding ai of September 30, 19^1:
Interest-bearing aaouritlao
loadi
Treaeury
$30,168,525,350
Savings (maturity value) 1/
6,351,778,675
Depositary
53.795.000
Adjusted Service
736. 379.506
Total bonda
$37,310,379,031
Treaeury not as
10 701 , "W2.U25
,
Cortlfleataa of lndebtednese
2,1*97,850,000
Treasury bllla (maturity value)
1.304,89''. 000
Total Interest-bearing securities
$51, SlU, 605,456
Maturad obligations on which Interval has ceased
177.912,800
Total face amount of securities outstanding
51,992.518,256
Total Mount of authorlrat ion unused as of September 30, 19 *!
$13,<X>7,4S1.7'»4
1
Approximate maturity value.
1/
The current redemption value of
IT.
8.
Savings bonds amounted to $5,131,798,165 en September 30, 19^1.
Reconciliation of the Debt Position under Section 21 of the Second Liberty Bond Act, as Amended,
With the Gross Public Debt of the United States as Shown in the Daily Treasury Statement
As of September 30, 1941
Dross public debt outstanding
$51, 346,1407, 110
Total face amount of securities outstanding limited by Section 21
of the Seoond Liberty Bond Act, ae amended
Lets!
$51,992,518,256
Unearned discount on savings bonds (difference between
current redemption value and maturity value)
1,219,980,510
$50. 772.537. 7U6
Add:
Securities outstanding not subject to limitation under Section 21:
Interest-bearing securities
Matured obligations on which Interest has ceased
Debt bearing no intereet
$
196,046, 600
12. 557.400
365,265,3611
573.869.36U
Owes public debt outstanding
$51, 346. 1*07, 110
.
..
.
6
..
g
2
8
26
Public Debt Receipts and Expenditures
(In millions of dollars)
Expenditures
Receipts
Total
Cash
9,620.8
1938.
19391940.
1941.
13,165.6
17.846.7
4.775.8
7,475.1
7.194.4
10,462.1
613.9
V*7.6
13. 083.
1940-September.
October.
November.
December.
1.337.5
567.1
1.203.6
557.6
•52.2
1.015.9
1941- January.
February.
March
l.UlU.o
636.5
3,186.6
1.325.6
522.1
1.387.6
April.
Hay...
June.
651.8
915.4
5.388.5
585.0
775.6
1,683.6
July
August.
September.
1.121.2
1,884.4
1.170.9
895.1
1,721.2
948.6
.
.
.
Excess
or
receipts
Public issues
Public Issues
fiscal year
or month
Adjusted
service
bonds
Xxchanges
12.8
6.6
8.4
2.2
2.673.8
3.036.9
2.812.0
3.141.6
724.7
Special
Issues
Total
2,158.5
2.567.1
3,150.8
4,240.8
8,880.7
9,808.8
10,637.6
11.852.8
5.166.0
5.301.0
5,679.8
5,815.6
166.0
1*46.2
409.7
1.273.2
U31.6
U5I.8
53L7
55.0
114.
187.5
88.3
111*.
Cash
561.7
423. g
529.6
"53.6
171.6
2,103.1*
66.0
139.7
594.2
551.
1*25.2
1*12.
2.9U.5
225.3
163.1
222.2
72>*.7
1*17.4
.6
.6
2.673.8
3.034.9
2,812.0
3,141.6
424.5
U2U.6
1.627.2
787.3
Zx changes
4, 14-.
729.
570.1
5"»7.7
>*76.0
458.9
7"*5.5
7U.7
1,627.2
Speolal
issues
1,01*0.8
740.1
1.472.9
2,145.8
2,895.6
3,27"».g
36.4
167.7
16.8
7.1
27.1
6U.3
135.5
751.9
32.1
6.3
22.6
852.3
212.7
1,083.2
2,528.0
5.993.9
.6
Ul.g
12.6
57.6
U90.3
787.3
2,631.1*
1,21*0.7
.6
21.8
17.0
33.7
1,1*08.1*
551.1
1*25.1*
Daily Treasury Statements.
Less than $100,000.
Computed Annual Interest Charge and Computed Rate of Interest
on the Interest-Bearing Public Debt Outstanding^
Bnd of fiscal year or month
Interest-bearing debt
outstanding
Computed annual
Interest charge
Computed rate of
Interest
(Percent)
1933.
1936.
1935.
1936.
$22,157,61*3.120
1937.
1938.
1939.
35,800,109,1*18
26,1*80,1*87,870
27,61*5,21*1,088
32.988.790.135
$
742.175.955
81*2,301,131
750.678.123
8l*U, 996, 902
3.350
3.181
2.715
2.562
1941.
36.575.925.880
39. 885.969. 732
*2. 376, 1*95, 928
48.387.399,539
1.218, 238, gl*5
2.582
2.589
2.600
2.583
2.518
19l*0-Sept ember.
43.479.954,349
1,121,989,71*6
2.580
1*3,560,^8,589
>*3. 706,990, 015
w, 1*58, 1*86, 252
1,127, L 97.712
1,131,161,393
1,140,790.578
2.588
2.588
2.566
45,320.394,574
"•5. 535. 287, 070
1.151.796.977
1.157.610.751
1,178,076,621
2.541
2.542
2.529
1*6,673.368,395
1*7, 160, 161*. 076
1,181,178.1*83
48.387.399.539
1,218,238,81*5
2.531
2.534
2.518
1*8.965,009.283
1,234,650,901*
50,370,520,072
50, 790, 671, 546
1.249,099,338
1,260,530,608
19l*0.
October.
November.
December.
19l*l-January.
February.
March
1*6,580,812,1*61
April
May...
June.
July
August.
September.
.
Basis:
1/
.
.
924,275.241
91*7, OgU, 058
1,036.937.397
1,091*, 619,911*
1,195,018,863
Daily Treasury Statements.
Treasury bills are included in interest-bearing debt figures at face amount, but for the purpose of calculating the computed
charge and the computed rate of Interest, the discount value is used.
2.522
2.480
2.4g2
a n nual
interest
..
27
Average Yields of Long-Term Treasury and Corporate Bonds
(Percent)
Partially
taxexempt
Treasury
bonds 1/
Sate
Highgrade
corporat<
bonds
2/
Spread
between
Treasury
and
corporate
bonds
Partially
Date
taxexempt
Treasury
bonds 1/
Highgrade
corporate
bonds
Monthly Series 3/
1933-Jan.
Feb..
Mar..
3.22
3-31
3.U2
Apr..
Kay..
June.
3.42
3.30
3.21
July.
Aug.
Sept.
3-20
3.21
3.19
Oct..
Hot..
Dec.
3.22
3.46
3-53
193U-Jan..
Feb..
Mar..
3-50
3-32
3.20
Apr..
May..
June.
3.11
3.02
2.98
July.
Aug..
Sept.
2.92
3.03
3.20
Oct..
Not..
.
Sec.
3.10
3-07
3.01
1935-Jan.
Feb..
Mar..
2.88
2.79
2.77
Apr..
May..
June.
2.7 1*
2.72
2.72
July.
Aug.
Sept.
2.69
2.76
2.85
Oct..
Hot.
2.85
2.83
2.83
.
.
Dec.
194l-Apr.
5-
12.
19.
26.
May
U.28
2/
Spread
between
Treasury
and
corporate
bonds
Partially
Date
taxexempt
Treasury
bonds 1/
Highgrade
corporate
bonds
2/
Spread
between
Treasury
and
corporate
bonds
28
or
Q
Z
o
00
UJ
ct:
O
O.
a.
O
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Z
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IS)
to
«
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CD
DC
""f
c
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o
or
lu
^7
O
z
O
O
Q
_i
UJ
>
LU
O
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lu
3
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29
o
o
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o
OWNERSHIP
OF
GOVERNMENT
-30-
SECURITIES
31
Securities Issued
Summary Distribution by Classes of Holders of Interest -Bearing
by United States Government and Guaranteed by United States
(In Billion* of dollars)
Xnd of fiscal
year or month
32
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, August 31, 1941
The
following
tables present
summary data
August 31, 19^1, of the ownership of
States.
The large commerolal and
the survey account
for
from
the
Treasury survey,
savings banks and Insurance oompanles oovered In
the holdings
of United States
Government and Government-guaranteed seourltles held by all banks and
Insurance
oompanles In the United States.
Table I.- Analysis of Ownership by Type of Security, by Call Classes
and by Tax-Exemption Provisions
-
of
seourltles Issued or guaranteed by the United
approximately 95 percent of
FART A
as
FAR VALUES IN MILLIONS OF
u
5
5
7
3
33
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, August 31, 1941 - (Continued)
Table I.- Analysis of Ownership by Type of Security, by Call Classes
and by Tax-Exempt Ion Provisions - (Continued)
PART B
-
PERCENTAOE DISTRIBUTION BY CLASSES OF SECURITIES
Public marketable interest-bearing securltlss 1/
Hsld by bank, and Insurance companlee
covered In Treasury survsy
Tetal
amount
outstanding
Classification
1.
By type of security
Sscurltles Issued by United State,
1111,
let,,
Bond,
Ouarenteed Issues 3_/
Total
2.
By call classes
Boa or first becoming callable
Within 1 year
1 to 5 year,
5 to 10 year,
10 to 15 years
15 to 20 years
Federal Housing Administration debentures
3-8
11.3
U.9
13.6
68.1
60.1*
15.5
66.7
18.2
5.6
15.0
56.O
21.1
23.
100.0
100.0
100.0
10.7
11.7
39.0
2U.3
17.2
lU-3
U1.5
23-5
16.3
U.3
22.3
18.8
7.7
By tax-exemption provisions
Wholly exempt from Federal Income taxee U/
Partially exempt from Federal lnoome
tax*, 5/
Subject to Federal Income taxee
Total
PART
Classification
-
7.8
Federal
Reserve
Bank, ?/
Held by
all
atbar
Investors
U.7
.1
6.6
8U.9
8.0
lh.lt
8.1
3.0
87.9
9.0
19.1
85.6
3.7
87.3
8.9
6.0
69.1
11.8
100.0
100.0
100.0
100.0
100.0
100.0
100.0
16.2
U3.6
22.1
3.9
29.2
31.U
30.3
5-2
3-0
30.7
26.9
20.1
19.1
2.7
29-9
27.1
20.9
19.3
U.6
3".l
25.8
17.1
U.l
U0.
23-7
22.8
8.7
10.7
U5.0
15.8
21.6
7.0
.1
.2
100.0
100.0
18.
1U.6
73-6
8.2
71.7
13.7
l
5:l
100.0
100.0
100.0
10.5
7.9
9.5
10.5
3.5
2.7
71.5
18.1
71.1
66.6
23-9
66.7
22.8
66.3
30.2
85.8
11.5
100.0
100.0
100.0
a.o
S.
.9
.1
Total
3.
5.801
commer- mutual
savings
cial
bank.
banki
3.6
12.8
ho.
19S
565 fire.
casualty,
life
insurance and marine
companies insurance
companies
U9L1
Total
U.
763 inauranoe eoapanloa
6.295 >anki
Total
7.058
Institutions
Bald by
Government
agenelae
and trust
fund,, and
PERCENTAGE DISTRIBUTION BY OR0UP8 OF INVESTORS
18.
100.0
5.0
85-5
12. U
7M
87.0
8.0
100.0
,
3*
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, August 31, 1941 - (Continued)
Table II.- Distribution of Ownership for Bach Issue Outstanding
PART A - PAR VALUES IN BILLIONS OF DOLLARS
Public aarkatnble Intarea't-bearlng aaeurltlaa 1/
Hold by taaaka and laaur&nee oonpuiae
Mftrtd la Traaanry aurrey
Iim,
elaaalflad by
tax-axeaptlon praTlalea
Total
MOtllt
eutBtaadln*-
6,29$ Lanka
Tetol
7,e5«
lBStl-
U9U
5.801
OOBBtor- aatual
Total
ciai
aaTlaga
banka
t.ullenc
X*
Wholly exaapt froa radara! lnooae taxae ^/
lotaa
1-l/U* Dacaabar 1941
19»«
1-3/4* Karch
Saptaabar 1942
2*
20i
He6
342
88
2»9
132
72
224
101
19U2
1-3/1^6 Decaaber
19I43
1-1/8* Juna
Saptaabar 19H3
1*
232
629
280
103
87
306
195
1-1/8* Dacaabar
March
1*
3/U*
June
aa
1*
3/4*
3a
200
1943
1944
19UU
196
298
253
159
(16
Saptaabar 19W»
19U5
Karch
283
718
at
"37
».»67
2.3*3
To tal ao tea
Boada
Poatal aarlaga
Paaaaa Canal
Ceararalaa
117
50
29
196
Total boada
Total wholly azaapt froa Fedaral
lacoaa taxaa
1.663
Partially exaapt frog Federal laeoaa
taiaa
V
Treaeury boada
3-3/0 Jane
1943-47
J.5U
3-1/4* Octobar
19»»3-J»5
1,401
255
772
1944-46
3-1/4* April
Dacaabar 1944-54
4*
2-3/4* Saptaabar 1945-47
1.519
1.037
1.214
901
6J1
788
2-1/2* Dacaabar
3-3/4* Kerch
Jan*
3*
19U5
1946-56
19U6-4S
5*1
489
I.036
417
315
641
3-l/g* Jane
4-1/4* Oetobar
Dacaabar
2*
1946-49
1947-52
1947
819
759
701
414
572
1948-51
2-3/4* March
2-1/2* Saptaabar 191(8
Dacaabar 194MO
2*
1.22*
911
451
571
351*
3-l/B* Dacaabar 19>»9-52
2-1/2* Dacaabar 1949-53
2-1/2* Saptaabar 1950-52
491
1.786
1.1(6
388
1,208
884
1951-54
2-3/** Jane
Saptaabar 1951-55
3*
2-1/lt* Dacaabar 1951-53
1,627
755
1,118
1.174
295
Jane
2*
2-1/4* Jane
2-7/8* Karch
1953-55
1954-56
1955-60
725
681
2.611
627
53"
1,100
2-3/4* Saptaabar 1956-59
1958-63
2-3/4* Jana
2-3/4* Dacaabar 1960-65
982
919
1.485
592
681
1,056
Total Treaaury boada
26,581
U86
470
805
Ball by
n.
763 inauraooe sonpaalea
198
Ufa
565
flra,
eaeualty
and aariae
ooapaalaa laauraaoe
oeapaaiaa
iu»-cj»ni?a
5,
Qoremaent
Bald by
agenolae
all
aad truat
othar
fundi, and lareatara
Tadaral
Baaerra
Banka 2/
35
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, August 31, 1941 - (Continued)
Table II.- Distribution of Ownership for Bach Issue Outstanding
PART A - PAR VALUES
-
(Continued)
36
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, August 31, 1041 - (Continued)
Table II.- Distribution of Ownership for Bach Issue Outstanding
PART B
-
-
(Continued)
PERCENTAGE DISTRIBUTION BY OROUPS OF INVESTORS
Public marketable Intereet-bearUf securities 1/
Bold ry bank* ud lnsuraaoe companies
eoTorod la Treasury surrey
lima, classified by
tu-mqitUa
proTLton
Total
amount
outstanding
6,295 banks
Total
7.05«
Institutions
Total
Wholly oxoapt froa Todoral Income taxoa 2/
Is tee
1-l/ki Doooabor l»Ul
19U2
1-3/k* March
Septeaber 19*2
2*
100.0
100.0
100.0
*3-i
5«-3
38.5
35.3
52.6
29.6
l-3/>l* December
1»*2
19V;
1-1/8* Juno
September 19*3
1*
100.0
100.0
100.0
**.2
51.0
71-7
&i
1-1/8). December
March
1*
June
3/<*
19»*
100.0
100.0
100.0
06.6
57.9
60.8
37.8
56.3
59.*
Septeaber 19W>
March
19*5
100.0
100.0
12.9
1*
3/»*
19*3
19**
6J»-9
Total acta*
Bonds
Postal seringa
Panama Canal ...........
Conrorelon
100.0
100.0
100.0
100.0
Total bonds
Total wholly exempt froa Federal
lncoao taxss
100.0
Partially osaapt from Federal lncoao
taxes */
Treasury bonds
19*3-*T
19*3-*5
100.0
100.0
56.2
55-1
19*lt-U6
J-l/** April
December 19*lt-5U
**
2-3/lt* September 19*5-*7
100.0
100.0
100.0
59.3
60.8
6h-9
2-1/2* Deeaabor
3-3/** March
June
3*
19*5
19*6-56
19*6-*S
100.0
100.0
100.0
77.1
6*.*
61.9
Vl/S* June
H-l/»* October
December
2*
19*6-*9
19*7-52
19*7
100.0
100.0
100.0
59.6
5U.5
81.6
19*8-51
2-3/** Marsh
E-l/2* Septeaber 19*8
Deeaabor 19*8-50
2*
100.0
100.0
100.0
7*.*
78.5
82.3
3-1/8* Deceabor 19*9-52
2-1/2* Boeeaber 19*9-53
2-1/2* Septeaber 1950-52
100.0
100.0
100.0
79.0
67.6
1951-5*
2-3/** June
Septeaber 1951-55
3*
2-1/h* December 1951-53
100.0
100.0
100.0
78-2
39.1
72.0
1953-55
195*-56
1955-60
100.0
100.0
100.0
86.5
78.6
2-3/** Septeaber 1956-59
1958-63
2-3/** Jane
2-3/** Do eoaber 196O-65
100.0
100.0
100.0
60.3
7».l
Total Treasury bonds
100.0
65.0
3-3/8* June
3-l/»* October
June
2*
2-1/h* Jume
2-7/8* March
7*. 5
1*2.1
71-1
69.7
U9U
5,801
ooamer- mutual
earing.
alal
banks
763 Insurance companies
565
fire,
19«
llfo
casualty,
Total
lnauranoe aad marina
companies laaurauoo
companies
Hold or
U. 8.
3oTOTOBOBt
agenclee
and trust
"anas, and
federal
BeSOTTO
Bank! 2/
Bold by
all
otbor
InTootoro
37
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, August 31, 1941 - (Continued)
Table II.- Distribution of Ownership for Bach Issue Outstanding
PART B - PERCENTAGE DISTRIBUTION BY GROUPS OF
-
(Continued)
GOVERNMENTAL CORPORATIONS AND CREDIT
AGENCIES OF THE UNITED STATES
3*
5
)
39
Assets and Liabilities of Governmental Corporations and Credit Agsncles
August 31, 1941
(In million! of dollars)
Preferred
capital
etock
Total
etc.
1U1.2
1.153-3
22-5
Banks for cooperatives
Commodity Credit Corporation.
Disaster Loan Corporation....
18.8
83.2
178.0
18.2
£lectrlc Hone and Tarn Authority.
Export-Import Bank of Washington
Fans Credit Administration
186.2
278-5
1U3.5
260.7
Tarn Security Administration
Federal Crop Insurance Corporation
Federal Deposit Insurance Corporation...
509-7
16.0
583-6
U69.O
1.1*70.6
621.7
172.6
-
Federal Farm Mortgage Corporation
Federal home loan banks
Federal Housing Administration
Federal Intermediate credit banks
Federal land banks U/
Federal National Mortgage Association...
Federal Prison Industries, Incorporated.
Federal SaTlngs and Loan Insurance
Corporation
Home Owners' Loan Corporation
287.0
89-1
335-2
18.
52.0
260.6
.'.2U1.S 1,803.9
203-9
197.7
10.6
132.0
2.591-U 1. gl»0.7
Inland Waterways Corporation 6/
Interior Department (Indian loans)....
national defense corporations Jj
25 -t
.1*
2.8
U18.0
2.8
1.9
Panama Railroad Company 6/
Production credit corporations.
Public Works Administration
55-3
111.3
82.2
82.2
Puerto Rico Reconstruction
Administration
Reconstruction Finance Corporation.
Regional agricultural credit
corporations
RFC Mortgage Company
Rural Electrification Administration...
Tennessee Valley Authority
Tennessee Valley Associated
Cooperatl Tea Xnc
United Statee Rousing Authority...
United Statee Maritime Commission.
7.6
"•3
3.030.2 1.203.2
22-5
6.7
79-5
322.2
U3I.8
68.7
303.2
•3
.
War emergency corporations and agenclee
(In liquidation):
Navy Department (sale of surplus war
supplies
Secretary of the Treasury
(U. S. Railroad Admlnletrat ion). ..
United States Housing Corporation 6/
United Statee Spruce Production
Corporation 6/
Other Governmental agencies 2/
Gross total
Adjustment to eliminate Interagency
interests
1*62.6
561.U
U.U
1
305
30.7
2
3
b
HO
Assets and Liabilities of Governmental Corporations and Credit Agencies
August 31, 1941 - (Continued)
(In million, of dollar.)
LlabUlti.. and r.s.rr..
Proprietary lntereet
Llabllltlss
Total
Banks for cooperat Its*
Commodity Credit Corporation
Disaster Loan Corporat Ion
llectrlc Home and farm Authority
Export- Import Bank of Washington
Fern Credit Administration
Faro Security Ads in 1st rat ion
Federal Crop Insurance Corporation
Federal Deposit Insuranoe Corporation...
15. S
1.051.7
1.2
185.9
57.7
125.9
2.0
29.6
383-9
29"».3
18.8
1.8
275.5
3*3.9
lb.o
289.3
96.2
.1
17.1
UO.9
102.5
U.b
U6.1
2"*9.3
.7
.1
1.769.0
89.6
i«M
.9
9M
.9
.3
3*3.3
17.9
365>
2U.2
2.8
3U.7
2.7
.b
2.U
.3
52.6
110.?
82.2
52.6
110.8
82.2
2.105.7
.3
233-38/
23.3
18.6
Tennessee Valley Associated
Cooperatlveo, Inc
United State. Housing Authority
United States Maritime Commission
.U
92.0
397.0
226.5
357.7
12/
67.5
25.2
1U6.0 57
9.5
6.0
100.0
200.0
30.5
-93.3
2b.
12.0
12.2
2.8
3U.7
27.0
7.7
7.0
105.0
U5.6
5.8
82.2
7.6
7.6
125.0
51(2.9
5>t2.9
l>
21.0
21.0
5.0
16.0
as.*
120.;
353.3
25.0
.b
3.1
25."
120.3
353.3
5.8
39.3
16U>
7.6
325.0
217.9 £/
120.3
353.3
.3
.3
.3
138.0
138.0
lft.b
137.0
.1
.1
1.9
1.9
l6b.b
M
.1
Jt.l
.u
.1
.3
.3
.1
23.0
23.0
202.7
202.7
21.3
•25.7
3.78U.6
1,788.9
125.7
3.332.9
11,906.6
1.022.U
6,971.2 3.027.2
1.022.U
10.88U.2
885.9
U, 210.
885.9
3.758.6
-^1.7
.1,022>
6.971.2 3.027.2
-"51.7
1.1
2.8
M
-32.2
181.
566.2
1>29.6
565.2
l, k *>-l
-U50.7
l,3?8.
Daily Treasury Statements.
Leee than $50,000.
Excludes unexpended balances of appropriated funds.
Includes deposits with the Reconstruction Finance Corporation and Interest thereon.
Includes paid-in surplus.
Includes the assets and liabilities of the Federal Land Banks of Louisville and Houston which have retired stock and paid-in surplus
previously held hy the Federal Government.
Includes $535*^1 due to Federal land banks from U. S. Treasury for subscription to paid-in surplus.
Figures shown are as of July 31, 19U1; figures for August 31 19U1 are not available. U. S. Spruce Production Corporation figures
are as of June 30, 19U1.
Comprises Defense Homes Corporation, Defense Plant Corporation, Defense Supplies Corporation, Metals Reserve Company, and Rubber
Reserve Company.
Adjusted for interagency items and items in transit.
Comprises Treasury Department and other Governmental agencies not listed in this statement.
Obligations held by the Secretary of the Treasury are classified under "Due to Governmental corporations and agencies". Includes
accrued interest.
.
u
lb.O
150.0
221.7
1.2
.1
57.7
60.0
67.3
10.0
28.2
1.6
-1.6
383.9
85.2
213.3
19.5
10.1
2,"«7.J
•taak
.b
100.0
12U.7
130.5
106.7
2,»32.7
10.9
100.0
12U.7
67.5
10.1
201.9
78.5
Source:
85.2
»35.o
19.5
175.0
59.7
130.5
106.7
Tennessee Valley Authority
Set total
36.8
100.0
I8U.5
67.5
W.O
20.2
150.0
.5
2,U8"t.7
Hon-
Surplus
100.5
100.0
2U.0
139.3
1.5
23.8
1.5
52.0
201.9
56.B
Adjustment to eliminate Interagency
Interests
22.''
22.lt
1.2
185.0
57.7
.1
Gross total
120.7
101.6
.2
2.1
Other Governmental agendas 9/
M
220.b
1.5
War emergency corporations and agencies
(in liquidation):
Navy Department (sale of surplus war
supplies)
Secretary of the Treasury
(U. S. Railroad Administration)...
United States Housing Corporation 6/
United States Spruce Production
Corporation 6/
125.6
101.6
:l
5-J-i
RFC Mortgage Company
RursJ Electrification Administration....
2.0
98.9
17.*
250.0
1,806.8
Puerto Rico Reconstruction
Administration
Reconstruction Finance Corporation
Regional agricultural credit
corporations
13.5
.3
1,281.8
Capital
stock
agendas
l»5.ll
17.?
Total
220.8
Federal intermediate credit banks
Federal land banks U/
Federal national Mortgage Association...
Panama Railroad Company 6/
Production credit corporations
Public Works Administration
OoTernswntal
corpora—
tloa. and
.1
907. U
.1
1.370.6
102.5
21.6
Inland Waterways Corporation 6/
Interior Department (Indian loans)
National defends corporations J/
Du. to
lot
guarant»l by
Dnlt.d
Stat*.
.1
Federal Farm Mortgage Corporation
Federal home loan banks
Federal Housing administration
Federal Prison Industries. Incorporated.
Federal Sarlngs and Loan Insurance
Corporation
Home Owners' Loan Corporation
Guarnntsed by
United
Stat*.
10/
Owned 07 United State.
Izooa. of
aitat.
Prl(Total
Tately
proprietary owned
interest)
«n
Sources of Funds of Certain Governmental Corporations and Credit Agencies
for the First 2 Months, Fiscal Year 1942
Corporation or agency
1*2
Usee of Funds of Certain Governmental Corporations and Credit Agencies
for the First 2 Months, Fiscal Year 1942
Corporation or agency
*3
Sources of Funds of Certain Governmental Corporations and Credit Agencies
from Inception of Organization through August 31, 1941
Corporation or agency
Central Bank for Cooperatives
Commodity Credit Corporation
Disaster Loan Corporation
Appropriations
froa General
Fund of the
Treasury \j
20.000,000
Allocations, rediscounts, and loans from
other governmental corporations and credit
agencies (net)
$
Sale of
obligations
to Treasury
(net)
Electric Home and Farm Authority
1.000,000
Export-Import Bank of Washington
1,000,000
150,000,000
Federal Farm Mortgage Corporation
100,000,000 if
$
905.295.000
lU. 873, 750
17U.000.000
139.299,557
1.306,107,900
75,500,000
Federal home loan banks
85,2U0,000
90,Ul3,317
Federal National Mortgage Association
Corporation or agency
2.101.552,000
325,000,000
50.lU2.537
129,688,878
25,000,000
195,U9U,5lU
38.75M7S
tl.259.571.9U8
Total
27,000,000
370,783.031
RFC Mortgage Company
United States Housing Authority.
11.000,000
3.UU.U53.550 5/
200,000.000 J/
National defense corporations 6/
Rural Electrification Administration
i2U.7Ul.OOO U/
100,000,000
Federal Savings and Loan Insurance Corporation.
Reconstruction Finance Corporation
agencies
\l
Federal Deposit Insurance Corporation
Home Owners' Loan Corporation
Sale of stock
to other
901,100
8,290,003
270.128,592 2/
2U, 000, 000
Sale of obligations In
the market
(net)
$715,123.U02
$92,000,000
226,256,000
$92,000,000
$7,829,278,200
$601,9Ul,657
kk
Uses of Funds of Certain Governmental Corporations and Credit Agencies
from Inception of Organization through August 31, 1941
Corporation or agency
*5
Principal of Outstanding Interest-Bearing Obligations Guaranteed by the United States^
(In mill lone of dollars!
lad of fiscal
year or month
u
Maturity Schedule of Securities Guaranteed by the United States^
As of September 30, 1941
(Amount In millions of dollars) 2/
Classified by year in which Issues are first callable
Description of security 4/
Tiiedoaturity
Issues
Classified by year in which Issues mature
3_/
Callable Cumulative
Issues
total
1941
7/8*
i*
191*1
ETC Notes P - 11/1/Ul.
OSHA Notes I - 11/1/1*1.
CCC Notes I - 11/15/41.
Total..
300
112
204
7/8*
1/1**
1*
ETC
TFMC
FTMC
ETC
HOLC
HFC
Notes
Bonds
Bonds
Notes
Bonds
Notes U
1/15/42....
310
1/15/1*2.1*7.
3/l/!*2-l*7.
7/1/U2....
10/15/U2
7/8*
1*
7/8*
236
103
HFC
ETC
HFC
Notes B - 1/15/1*2
Notes S 7/1/42
Notes II - 10/15/1*2
276
7/1/1*2-1*1*.
Total
Total
875
320
906
1.21U
2.736
19|*3
CCC
1-1/8* HTC
Notes F Notes V -
5/1/1*3.
289
7/15/43.
32>t
Total
CCC
1-1/8* HFC
3/1**
613
Notes T Notes 7 -
5/1/43
7/I5/U3
Total
3.349
19M<
191*1*
1-3/8* USHA Notes B
-
3-1/1** TFMC Bonds
1*
3*
3*
Total
191*2
I9U3
3/1**
HFC Notes P - 11/1/1*1
OSHA Notes I - 11/1/1*1
CCC Notes I - 11/15/Ul
616
616
1042
7/8*
3*
2-3/4*
1*
2-1/4*
7/8*
Description of security 4/
HTC Notes W HOLC Bonds A TFMC Bonds
2/1/1*1*...
111*
3/15/44-64
4/15/44...
571
5/l/l*l*-52
779
835
5/15/UU-U9
Total
1-3/8* USHA Notes B HFC Notes W 1*
2-1/U* HOLC Bonds
-
95
685
1,709
2/1/UU....
4/15/44
7/1/42-44.
Total
1
5.7 »3
191*5
19j*5
1-1/8* CCC Notes
1-1/2* HOLC Bonds M -
Total
2/15/1*5
1-1/8* CCC
1*12
6/1/1*5-1*7.
NoteB
755
1*12
755
-
2/15/>*5....
Total
6,910
19U6
191*6
6,910
19U7
19j*7
6,910
3*
TFMC Bonds
2-3/1** TTMC Bonds
-
1-1/2* HOLC Bonds H -
1/15/1*2-1*7.
3/1/1*2-1*7.
6/1/1*5-1*7.
Total.
I9U8
19U8
6,910
1949
1952
1953-63
1964
INTERNAL
REVENUE
*7-
STATISTICS
.
..
.
1
*W
Sus»ary of Internal Revenue Collections
(la thousand* cf dollars)
•jrployaant taxss
Incons and profits taxss
Social Sorority taxss
fiscal year
or Month
1929.
1930.
1931.
1932.
Total
total
2,939.05*
3,o4o,l46
HiSCOllansous
profits
taxes 2/
Corporation,
lueses and
sxoes*
profit* 1/
[attvttsml
1.557.729
2.331.274
2.410. 259
1.860.040
1.056.757
1953.
193&.
1935.
1936.
1.619.839
2.6T2.239
5.299,456
3,520,208
746.791
819,656
1.105,791
1,427,447
41
419,509
527.113
674.416
394,218
397.516
572.118
738,522
2.631
6.560
14,509
48
1937.
193«.
"•.653.195
1941.
7.370,108
2,179.842
2,629.030
2.185,115
2,129,609
3.471. UJ
1.091.741
1.286,312
1,028,834
82,017
?
17.655
1,056.921
1,299.932
1.122.541
1.120,582
2,016.297
31.178
42,786
33.740
27,010
37.171
2o5.745
742.660
740,429
833.521
925.856
65^.623
431.103
175.317
250,187
5-599
12.027
October.
loveaber.
Docoabor.
355.276
444,383
654.095
45.743
48.877
429.275
12.079
15.801
160,364
32.136
31.622
262,932
1.528
1.454
5.979
77.273
122.98?
8,204
194l-Jaeuarj..
rebruary.
371.275
4g4, 729
.472.295
65.838
122.025
1,186.951
25.992
84.052
569.203
38.223
35.899
611.397
1.623
2.C74
6.351
100.307
156.146
16.135
April.
Kay...
June..
Uit.oUo
541.110
,111.456
74.149
135.497
8»7. Sl6
18.622
21.195
31l.«99
52.214
111.981
531.900
3.313
2.327.
July
August. . .
Ssptsabsr.
461.296
80,573
58.398
776.725
£23
.053.458
277.3«3
57.801
40.630
492.215
2,219
2,084
7,127
2.1*28,229
5.658,765
5,181.;
1940-Septssibsr.
Karen.
.
.
47*. 371
1.235,733
1,263,414
1,026.393
629.566
i:31:$
835.64s
427.191
352..574
.
MlecollftisooTLS
fiscal roar
or swath
Capital
stock
tax
19291930.
1931.
1332.
607.780
629,887
1933.
1934.
1935.
1936.
873,048
1,481,160
1.667.423
2.021.075
1937.
1938.
1939.
1940.
1941.
latata
and
gift
taxso
4.017
Vobacco
taxss
83,000
105,884
3.15«
3.889
6.JUS
sot,
1.877
25.382
8.633
100.065
138,516
95.612
109,268
3,204
5,726
5.761
888
727
23.487
12,662
1.6.754
S%xap
taxss
turer*'
azciso
taxao
Miscellaneous
taxss
2,281
41.712
17,252
61.385
53.200
50.332
3.109
5.152
4.169
48,240
65.575
51.167
17.979
22.722
16.745
52.076
53.053
61.709
59.139
52.577
56.701
432
532
097
40,880
48.471
57,185
18.124
16.290
22.108
49.720
29.174
30.599
66,134
79,468
80. 976
58.069
64,612
66.484
519
507
3.378
as
67.370
51.591
19.884
24,018
17.965
29.980
22.636
20,840
86.575
85.861
66.369
64, OS*
86.7M
67,803
3.064
3.975
3.79»
65.743
72.524
54.328
552.254
568,182
5SC.159
608.516
698.077
211,493
14.675
18. 134
62.524
232.260
272,517
216,616
3.954
260
252
a, 881
46,360
29.732
75.712
81,250
64,219
194l-Janaary. .
Tsbruary..
Karon
205.130
206,558
269,209
240
158
415
30.259
32.477
67,994
April.
Key...
Jans..
251.731
268,199
251.043
187
250
250
July
August....
Ssptsabsr.
280,658
277.457
259.979
11.803
3,797
5.084
57.578
66.580
"»3.135
68,990
1
S
54.
Agricultural
adjustaent
taxss
y
54.915
594,24s
567.979
5«7,800
624,253
820,056
4/
88,766
137.414
12.597
98.289
151.704
162, 180
165,972
224,874
505.548
416.874
360.715
360.071
407.058
2/
900
21,204
12.664
416.754
6".891
'
U17.
47. 088
617.55*
157,499
139.349
127.203
132.759
166,653
1/
2/
25.152
40.237
1.326
4110,854
2,207.608
2.287,073
2,256,031
2.377.322
2.973.129
Sucre*:
74.255
94.705
2.145
69.919
46,235
41.083
IS, 6fl
39.057
402,739
425.169
459.179
503,166
October. .
Boveabsr .
Dscaabsr.
29.140
4.686
87.496
147,156
108,194
92.152
43.174
258,911
411,022
505.464
1940-8*p taaber.
8,882
247.751
390.058
342.279
379.540
34.510
113.158
212,11?
578.850
S9
5*7
4.840
5.872
626
34,522
25 .010
18,310
14,026
80,168
91.508
94,943
i
2.55*
71,781
87.977
2.892
166
344
138
450,539
444,277
393.579
,
149.476
109.427
122.048
137.871
*aa\5fao-
Alcoholic
bevarago
taxss
12.777
11.695
10,432
8,704
j6a
287
58.119
90,267
101. 167
106.103
100.658
207.339
502,917
529.835
605.350
687,327
internal rovenus
61,897
64,770
48,078
47,422
500.972
3_/
Carriers'
federal
Tsdaral
UneBployBsnt Taxing Aot
Insurance
of 1937
Tax act
Contributions
Act (Old-aga (Unaaploynsnt
insurance)
insurance)
571.423
526.222
71.637
19. '26
24.579
21.395
Report* of collections.
axes** profit* tax iaposad under ths Second Revenue Act of 1940. a* astended.
Consist* of the declared value oxess* profit* tax, ths profit Halting provision* of tb* Vinson Act, and the tax on unjust enrichment.
for the period prior to September 1939 ths data in the eolusms entitled Tederal Insurance Contributions Aot and Tsderal Oneaployaent
Tax Act repreesnt eollsctlons undsr Tltlss VIII and IX, respectively, of the Social Security Act.
Include* tax collections under ths Sugar Act of 1937 and undsr ths dividends tax Urpo«sd by ths Act of June 16, 1933.
*9
COLLECTIONS OF INTERNAL REVENUE
Fiscal Years 1929
1929
30
to 1941
33
'32
31
By
DOLLARS"
Billions
Individual
'34
First
'35
36
'37
3 Months Fiscal Year 1942
'38
'40
'41
'42
Principal Sources
DOLLARS
Billions
Income
'39
'DOLLARS
Billions
Estate and Gift
2.4
niiii1929
'35
3
31
'37
'39
41
1.6
1.6
Alcohol
I
1.2
Tobacco I
A
i~
iiiiiifli
1929
'31
'35
'33
1
1.2
Manufacturers' Excises
.8
mmiil
'35
'33
'37
'39
'37
'39
Other Miscellaneous
Internal Revenue
1929
31
'35
'33
Employment
Agricultural
Adjustment
1929
'31
'33
'35
'37
'39
41
*
1929
'31
Includes misc.allona.ous profits taxes
33
l! m.
_
'35
'37
39
41
.
50
Detailed Analysis of Current Internal Revenue Collections
(In thousands of dollars)
Month of Sap tracer
First ttar.. month.
Month of September
Source, of revroue
Source* of revenue
Fiscal
year
Fiscal
19U0
Income and profits taxes.
Individual
Curran t
Back
Corporation
Current
•
<
Back
Excess profits tax (Second Hevenue Act of I9U0) as amended
Miscnllansous profits taxes
Declared value
Vinson Act
•
Unjust er.rlchnent
•
Total incoae and profits taxes
year
19U1
191*1
271.131
6.252
178,'*3lt
2U3.0J1
7.156
U10.09U
13.568
279.H3
20,015
28.370
Stamp taxee:
Bond., iotaee of capital
stocks, deeds of convey••
ance, etc
Tran.fere of capital .took
aalea
interest
and similar
Playing carda
Sllrer bullion aal*. or
transfer.
Sale, of produce for future
delivery (repealed a.
of 7/1/38)
287.285
26,336
U66,36l
Wt.931
79.352
68.553
6.31U
22
791
"t.685
I.163
1.267
U31.103
776.725
,
9. 508
i.a6
21*
3.120
1.899
5l"*,953
915.696
Total stamp taxes.
ftaployment taxes:
Social Security taxes.
Federal Insurance Contributions Act (Old-sge
insurance)
•
»• •*
Federal Unemployment Tax
Act (Unemployment
.
. •
ineurancs)
2*55«
3.20"*
5«7
888
.
32.732
36,876
12.027
16.75"
206.026
255.335
1M.676
5.0«lt
160,687
Carriers 1 Taxing Act of 1937**
«,is?
Total employment taxes. .......
17.935
199
tax.
Alcoholic beverage taxes.
Distilled spirits
excise) • •
( Imported
Distilled spirits
(domestic, excise)
Distilled spirits
rectification tax.. ..*...
Vices, cordials, etc.
(iaported, excise)..
Vines, cordials, etc.
(domestic, excise)
Brandy used for fortifying
•*
sweet wines
Dealers In distilled
spirits; rectifiers;
nanufaeturers of stills
(special taxee)
Stamps for distilled
spirits Intended for
••••
export
•
Case stamps for distilled
spirits bottled In bond..
Container stamps.....
floor tales......
Fermented malt liquors
Brewerei dealers in malt
liquors (special taxes)..
.
Total aleohollo beverage
taxes
•
Tobacco taxesi
Cigars (large)
Clg&re (small)
Cigarettes (large)
Cigarettes (small)
Snuff
Tobacco (chewing and smoking)
Cigarette papers and tubes...
leaf dealer penalties, etc
Cigarette floor taxes
Total tobacco taxes.
Reports of collection*.
Lees than $500.
10.375
12.662
U.092
Mft
11.763
2.3*"
Manufacturer >' excise tax..:
•**•
Lubrloatlag oil.
Gasoline
Tire, and Inner tubes......
Automobile truck.
Other autosioblles and
motorcycle.
Part, or accessories for
automobile.
Electrical energy
Radio .St., etc. (Including
tax on phonograph record.
repealed a. of 7/1/38)...
Mechanical refrigerators...
Firearms, shells, and
cart ridge.
PI. tol. and r.volver.
Toilet preparation., etc.
(Including repealed
208,081*
as, 1*59
3.1"»5
Miscellaneous Internal revenue*
Capital stock tax
161.531
173. 29U
Total Social Security taxes.
20,683
20,5*1
66.370
72.000
259
2.511
1.1*56
U.58O
6,250
9.691
5* tax)
30.nU
1*6.031
78.050
1.007
1.U03
2.676
U.167
3"
21
86
6U
993
1,608
2.195
3.859
J*
36
73*
1,11*2
66
77U
836
25.958
125
62.52U
1.17*
8
•
1*8
.
J92
1
5 '
U.659
103
178
5.197
191
306
1,11*0
1.956
2.91*2
18
111,1*65
.117
31,1*88
90.950
107.267
123
112
86.738
1.266
10
1
60.975
575
U.781
191
2.710
205.1*60
3.>»33
27
2
151.588
1.595
lU.050
390
67,800
2.516
258.972
3.6U6
25
ft
191*2
1.793
u.tw*
5.551*
596
281
SU8
1.151
2,016
591
2.951
2.322
2,281
3.79U
7,363
10,831*
2.523
27.01*9
3.576
33.855
9.868
78,102
2.SU0
3.21*2
12.61*9
3U6
853
2,010
12,289
105.832
17.535
3.693
1.912
5.002
9.31*1*
2U.772
851
3.709
1.1*18
3.671
2.692
10,303
U.U62
12.307
528
925
751
1.653
969
3.9"*7
1.999
U, 220
1*66
327
3
5
1.713
15
l.W*7
16
538
651*
1.52"*
2,001*
IS
15
511.32s
132.858
190.595
It
Total manufacturers'
excise tax*.
U1.711
Miscellaneous taxee]
Bituminous Coal Act of 1937
Sugar Act of 1937
Telephone, telegraph,
radio and cable facilities, l.a.ed vires, etc...
Transportation of oil
by pipe line
Lease, of safe-deposit
boxes
Admission to theaters.
concert., cabaret., etc.,
Club dues and initiation
fees
Adulterated and processed
or renovated butter,
mixed flour and filled
cheese
Oleomargarine, Including
,
special taxps. ..........
Narcotics, including marihuana and special taxes..
Cooonut and other vegetable
oil. proceed
National Firearm. Act
All other. Including repealed taxes not listed
above.
Fiscal
year
191*1
329
1*08
5.878
8,069
982
18,306
1.292
20.890
1.935
2.270
6.U27
8.200
905
1.085
2.978
3."*19
166
173
5U2
577
5.852
6.1*1*5
11.909
20.536
502
1*93
1.633
1.728
3
1*
9
9
1.015
1.137
96
121*
28
16
201*
216
1.555
2.299
5.022
1
3
7.257
9
17.252
21.395
1*9,038
65.300
211.1*93
259.979
799.863
818, 09U
65U.623 l.053.'*58
1.520.8U2
1.989.125
30
178,'i62
1.756
13.73 *
523
Total miscellaneous taxes..
1
1
1
62
5M15
U.981
TlBCAl
year
1.399
Match., (including
repealed tax..)
Repealed taxes not listed
above
••••••
121.919
219
191*1
191*2
169.802
5.515
3-l**9
19U0
First three months
l»,l*9l
3
175.576
198.251*
Total miscellaneous
internal revenue..
Total Internal revenue.
51
Study of Individual Income Tax Returns Concerning Differences
Between State of Residence and State of Filing
A recent study of all Federal Individual Income tax returns for 1936 shows that while
ordinarily a taxpayer's place of residence and his filing district are located In the same
State, some taxpayers living In one State file their Income tax returns In another State.
The present tabulation represents part of an extensive study of Federal tax returns
recently oompleted under the sponsorship of the Treasury Department, Division of Tax
Research, with funds allooated to the Department by the Commissioner of Work Projects
under authorization of the President. It supplements material published In "Statistics of
Income for 1936
Part 1J and In "Statistics of Income Supplement Compiled from Income Tax
Returns for 1936".
,
The Revenue Act of 1936 and accompanying Regulations governing the filing of the 1936
returns provided that a return should be filed in the district of the taxpayer's legal
resldenoe or that of the principal place of his own business, and that returns of Individuals with no legal resldenoe or place of business In the United States should be filed
at Baltimore, Maryland. (Revenue Act of 1936, Section 53 (h)(1), and Regulations 9^»
Article 53-5.) A number of taxpayers who obviously failed to follow the filing requirements were mainly salaried workers and wage earners who filed In the district In which
they were employed, and taxpayers required to file In Baltimore who erroneously filed In
In a few cases It was not possible to determine the resldenoe of a taxother districts.
payer elnoe residential address was not given as required when the return was filed at the
business address. Returns that gave no address, numbering less than 1,600, were excluded
from the study.
Of the total of 5,367,580 Individual returns tabulated, Including 57, ^9 returns of
estates and trusts filed by fiduciaries, 5> 191. 223 returns showed resldenoe of taxpayers
The remaining 176,357 returns, or 3«3 percent of the total,
to be within State of filing.
reported residence outside State of filing.
(See Table I.)
However, Included In the
latter total are the returns of 10^,497 residents of the District of Columbia and ^,55^
"foreign" residents who filed In Maryland, and '4-.350 returns of residents of Alaska who
Excluding
filed In Washington according to filing requirements.
(See Tables III and IV.)
this group of returns, the number of returns filed outside of State of filing is reduoed
Explanation of the minor variations
to 62,956, or 1.2 percent of all returns tabulated.
existing between the two classifications for these returns can be found to a large extent
in the proximity of State of resldenoe to that of filing, notably in the case of
New Jersey and Connecticut residents who filed In New York.
As In the oase of number of returns, the amount of statutory net lnoome 1/ reported
on returns showing resldenoe outside of State of filing represented only a small proporComparison by Individual States of the
tion (3. percent) of all such Income reported.
Income reported on a resldenoe basis as against a filing basis of classification shows
(See Table II.) 2/
essentially the same relationship as Is shown for number of returns.
'J-
The practice of classifying Individual -Income tax returns on the basis of the filing
districts of the taxpayers has long been followed In compiling State data In "Statistics
The data presented here show that classificaof Income" and other official statistics.
tion of returns on the basis of reported residence does not result in substantial differThe items reported by nonresidents In each State offset
ences between the two methods.
to a considerable extent the Items reported on returns of residents filing In other
States.
1/
2/
Statutory net incoma (or deficit) represent! the amount of gross income reported on Pome 10U0 and
10UOA minus deductions claimed by the taxpayer. Credits against net income allowed for tax computation
are not included in deductions.
Tablee similar to Tablee I and II for the items total income, total deductions, and salaries and wages,
are available in source books on file with the Treasury Department. Also available is a more detailed
table from vhich Tables III and IV were derived and a similar table relating to statutory net income.
52
Table I.- Reconciliation of Individual Income Tax Returns for 1936 as between State
of Filing and State of Residence
States and territories
?l. l»73
Alabama
Alaska
Arizona
Arkansas
California
1/
17.239
l6,96l
"2", 250
Colorado
Connecticut
Delaware
District of Coluobli
Florida
<
Georgia
Hawaii
Idaho
Illinois
Indiana
Total number
of re tarns
filed In State
Deduct returns
filed by
non-residents
"77
Add returns
filed by
residents In
other States
37"
".366 1/
221
155
5.2"7
i/
293
208
1.661
1*0,100
31*9
323
ll6.2"3
13.588
937
3.2"7
11"
If
•5.557
,
U8.951
15.173
l *. 697
Ul7.nl*
1
100,11*8
33
106, 180 1/
i/
i/
102.3
"6.596
61*6
636
"27
15. "83
1.85"
693
l",666
"17,912
100, 286
1*8.
9"3
1*7,618
222,617
2.1U6
862
512
1.731
833
8l*,825
1.31
l*lf*
a"
86.616
288,520
222.588
8". 806
16.268
23.U62
220
53"
U36
372
221
20l*.
16.297
2»3
Missouri
Montana
Nebraeka
Nevada
New Hampshire
126,108
1.1*
23>37
2l*8
IS
36,1*00
215
1"7
"37
228
138
382
New Jersey
New Mexico
New Tork.
North Carolina
North Dakota
259. OlU
19.209
13"
1*2,371
2,6"l
192
25,288
305
11,088
12"
Ohio
Oklahoma
Oregon
307.986
52.133
Pennsylvania
Rhode Island
1*71.1*51
South Carolina
South Dakota
Tennessee
Texas
Otah
1/
106. 38O 1/
1.339
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Total
99-9
102.0
98."
360
59"
1*8,028
1*5,168
1*7,850
Wyoming
Foreign
"0, 27"
118,553
13,366
67.905
67.823
55 1* 1/
288. 935
118.1*50 1/
99-7*
99.6
99-7
100.6
300
117
20"
I.656
555
Total returns filed
by all residents of
State as percent of
total returns filed
in State
31.370
".386 1/
17.167
16,906
"27,836
102
888
U80
Iowa
Kansas
Kentucky
Louisiana
Maine
Vermont
Virginia
Washington
West Virginia
Wisconsin
Total number
of returns
filed by all
resident?
of State
1*8,382
"5,212
23.835
100.0
102.0
99.6
100.0
100.1
100.1
100.7
100.1
100.0
101.6
"2 ? 1/
99.
100.0
100.0
99.8
23.330
36.&13
7.1"0
19,580
99.7
99.5
100.0
99.9
99.7
70
275.582
9.91"
9"9."39
"2.5"6
11.03"
106."
99."
97.9
100."
99.5
37.062
1.176
277
539
1,89"
603
1.516
365
350
2.573
636
306,326
52.221
"1,00"
"72,110
37.097
100.1
100.2
99.5
100.1
100.1
20,050
11,067
l"9
155.165
15.911
286
lUO
563
6"2
271
26b
20,028
99.9
99.5
99.7
100.3
99.0
7.1"9
19.635
9.972
969,610
1*1.193
1*8,
12.113
65.57"
85.396 1/
1*9.082
553
576
10,61*9
256
5.367.560
5."7
1*80
198
916
5.U2
125,360
1/
127. 735
i/
176,357
1/
81
11. COS
397
1,069
11"
"8,183
155.612
15.75"
188
1.591
880
221
"09
12.303
1"1
7.011 1/
176.357
66,21*9
81,166
"8.750
125.193
10.71"
7.011 1/
99.9
101.0
95-0 1/
99.1
99-9
96.9
1/
5,367.580
Returns from Alaska axe filed In the collection dietrlct of the State of Washington, and returns from the District of ColumMa are
Returns of individuals with no legal residence or place of business in the United States
filed in the collection district of Maryland.
are required by income tax regulations to he filed in Maryland, although in fact such returns are not exclusively filed there.
53
Table II.- Reconciliation of Statutory Net Income-^ reported on Individual Income Tax Returns
for 1936 as between State of Filing and State of Residence
(In thousands of dollars)
States and territories
Total statutory
net in cone
on returns
filed ia
Stat*
Deduct statutory
net income
on returns
filed by
non-residents
5*
Table III.- Number of Individual Income Tax Returns for 1936 Filed out of
State of Residence in 1 The Three States of Filing with the Largest
Number of Returns and (2) All Other States of Filing
(
1
Number of returns filed out of State of residence
State
In three States with largest number of returns
of
residence
Total
Alabama
Alaoka 1/
Arlsona
Arkansas
California
37"
".386
Total
number of
returne
228
".372
225
287
Wt
1.385
599
32
30
11
313
85
65
1.191
316
38
32
18
193
202
30
98
2.960
70
10". 995
760
Georgia
Hawaii
638
"27
Idaho
Illlnol
Indiana
1.856
693
325
3"2
108
663
377
Maryland (201); Alabama (66); Tennessee (58)
Maryland (285); California (38); New Tork (19)
Waehington (61); Otth (2U); California (23)
Indiana (2"5): Maryland (223); Missouri (195)
Illinois (237): Kentueky (87): Ohio (53)
302
888
"SO
360
596
109
686
287
19"
U78
Illinois (""); Maryland (3"); Missouri (31)
Missouri (366): Maryland (276); Oklahoma ("")
Ohio (175); Maryland (70); Tennessee (Uz)
Maryland (83); Texae (6U); Mississippi ("7)
Maeeachneette (210)j New Hampshire (173); New Tork (95)
Maryland 1/
Mar rhchusettG
Michigan
Mlnneeota
Mississippi
512
1.731
250
988
380
170
132
New Tork (121):
New Tork (373):
Illlnole (135);
Wisconsin (82);
Louisiana (5");
Mlenonrl
Montana
Nebraska
Nevada
Nov HaaipBhlre
7 x
?
370
"8
73
Kansas (2"0); Illinois (78): Maryland (52)
California (18): Washington (17); Maryland (13)
Maryland (32); Iowa (21); Missouri (20)
California (66)1 Utah (33); New Tork (12)
Massachusetts (221): New Tork ("6); Maryland (30)
Hew Jersey
New Mezloo
Hew Tort
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Hhode Island
South Carolina
South Dakota
Tenneeeee
Texae
Utah
Vermont
8
21"
i"i
228
138
382
19.209
13U
5.U7
U80
70
1,516
365
350
2.573
ill
297
18.772
77
3.058
209
Ul
651
19"
638
260
1.616
510
26"
81
397
176
6
2
l»9
5
uD
Tlrglnla
Vashlngton 1/
Vest Tlrglnla
Wisconsin
188
1.591
880
221
U09
Wyoming
foreign 1/
1"»1
7"
7.011
5,602
176.357
1U8.850
all Statee of residence
1/
121
1.235
572
117
231
29
9
27
Wyoming (36); California (31); Maryland (31)
New Tork (2,598); Massachusetts (253): Maryland (109)
Pennsylvania (29): Maryland (23); New Tork (18)
Maryland (10", "97); New Tork (262); Tlrglnla (236)
New Tork (390); Maryland (272); Oeorgla (78)
323
3.2"7
11"
106,380
1.339
Iowa
Kansas
Kontoeky
Loulelana
Maine
1"6
Number of
States
1.593
3.65^
1/
Number of
returns
Maryland (121): Oeorgla (56); Tennessee (51)
Washington (",350)! California (l">; Maryland (8)
California (59); New Mexico (35); New Tork (17)
Texas (2"): Louisiana (19); Missouri (16)
Maryland (2,989); New Tork ("27): Washington (238)
221
155
5.26?
Colorado
Connect lent
Delaware
Dlitrlot of Columbia
Florida
111
State of filing (and number of returns)
In all other States
Tlrglnla (68); Pennsylvania (6l)
Hhode Island (369); Maryland (2"6)
Ohio (133): New Tork (112)
North Dakota (51); Illinois (37)
Tennessee ("9); Alabama (29)
New Tork (18,255); Pennsylvania (366): Maryland (151)
Texas (36); Arlsona (26); Colorado (15)
New Jersey (1,"25); Maryland (1,207); Connecticut ("26)
Maryland (92); Tlrglnla (65); New Tork (52)
Minnesota (23); Montana (11); South Dakota (7)
Pennsylvania (299); West Tlrglnla (19"); New Tork (158)
Maryland (90); Texae (56): lansas ("8)
Waehington (I36); California (83); Maryland (21)
New Jereey (619): New Tork (610); Maryland (387)
Massachusetts (29"); Maryland (127): New Tork (89)
1"
110
96
s
"6
ho
"5
39
193
I
166
116
29
19
262
7"3
61
"0
2UU
82
35
361
93
155
27
85
Ui
20
33
20
15
16
"37
57
3"
20
2.059
271
"5
31
29
13
865
171
110
957
"2
128
21
II
"2
Maryland (106); Oeorgla ("2); New Tork (26)
Minnesota (13); Nebraska (12); Maryland (11)
Alabama (71); Oeorgla ("8); Kentucky (30)
Maryland (353); Louisiana (120): Oklahoma (63)
Idaho (16); California (15); Maryland (15)
E
"5
23
19
2"e
553
68
s
Massachusetts (50); New Tork ("6): New Hampshire (25)
Maryland (1,062); New Tork (92); Weot Tirglnia (81)
Oregon (285); Maryland (170): California (117)
PennoylTanla (52); Ohio (""); New Tork (21)
Illinois (159); Michigan (39); Minnesota (33)
67
17
356
308
10"
178
"0
Montana (32); Maryland (26); Utah (16)
Maryland (".55"); New Tork (821); California (227)
Maryland (118, "50); Now Tork (25,288); Washington (5,112)
23
38
21
36
67
a
l,"09
""
27.507
"6
Returns from Alaska are filed In the collection dlotrlct of the State of Washington, and returns from the District of Columbia are filed
In the collection district of Maryland.
Returns of Individuals with no legal residence or place of business In the United Statee are
required by Income tax regulatlone to ho filed in Maryland, although In fact such returns are not exclusively filed there.
)
55
Table IV.- Number of Individual Income Tax Returns for 1936 Filed by Residents Outside
of State of Filing for (1) The Three States of Residence with the Largest Number
of Returns and (2) All Other States of Residence
Number of returns filed by residents of other States
State
of
filing
Alabama
Alaska 1/
Arizona
Arkansas
California
Colorado
Connectl cut
Delaware
District of Columblal/
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana.
Iowa
Kansas
Kentucky.
Louisiana
Maine
Maryland 1/
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Three Statea with largest number of returns
Total
number of
return!
1*77
198
Tennessee (71); Georgia (66); District of Columbia (6l)
279
293
208
1.661
15"»
139
80
5t5
California (101); Foreign (27); New Mexico (26)
District of Columbia (30); Texas (27); Tennessee (23)
Foreign (227); Hew Tork (201); Washington (117)
iho
937
336
lib
6U0
2Wt
California (65); District of Columbia (25); Foreign (2b)
New Tork (1(26); Massachusetts (lbb); Rhode Island (70)
Pennsylvania (180); New Jereey (36); Maryland (28)
300
8U
6U6
117
20b
1,656
555
199
327
Florida (78); District of Columbia (65); Alabama (56)
California (62); Hew Tork (10); Washington (6)
Washington (97); Oregon (21); Utah (16)
Indiana (237); Wisconsin (159); Hew Tork (150)
Illinois (2U5); Ohio (U6); Michigan (36)
220
53"
U36
372
221
92
317
206
196
131
Illinois (36): California (29); District of Columbia (27)
Missouri (2U0); Oklahoma (1*8); Illinois (29)
Ohio (89); Indiana (67); Tennessee Co)
Texas (120); Mississippi (5b); Foreign (22)
Massachusetts (76); Foreign (29); Hew Tork (26)
116. U50
112, ObO
2.1U6
862
910
387
160
99
District of Columbia (lO>4,b.97); Foreign (b,55U); California (2,989)
lev Tork (363); Rhode Island (29b); Connecticut (253)
Foreign (19b); Ohio (110); Hew Tork (83)
California (69); Illinois (55); Foreign (36)
Louisiana (U7); District of Columbia (27); Tennessee (25)
631
109
72
106
3UU
Kansas (366); Illinois (195): California (70)
Washington (b5); Wyoming (32); District of Columbia (?2)
California (31); Missouri (21); Iowa (18)
California (9b); Dtah (7); Arisona (5)
Maine (173); Massachusetts (lb6); Vermont (25)
2,118
111
New Tork (l,b25); Pennsylvania (619); Foreign (7>»)
Texas (52); Arliona (35); California (2b)
Hew Jersey (18,255); Connecticut (2,598): Foreign (821)
Dletrlet of Columbia (51); Oeorgla (31): New Tork (27)
Minnesota (51); California (9): District of Columbia (8)
TO
2U3
1.10U
2bS
215
Nevada.
1*7
New Hampshire
"•37
New Jereey
New Mexico
New Tork
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Dtah
Vermont
Virginia
Washington 1/
Vest Virginia
Vlsconsin
Wyoming
All States of filing..
State of residence (and number of return!
All other States
Number of
returns
2.6U1
192
25.288
305
12b
78
a.67
1*
109
68
Oeorgla (33); How Tork (27); Foreign
(.2k)
603
131
bib
997
use
Kentucky (175): Pennsylvania (lUl); Michigan (133)
Texas (63); Kansas (bb); California (2b)
Washington (285); California (109); Idaho (20)
Hew Jersey (366): Hew Tork ('.32); Ohio (299)
Massachusetts (369); Connecticut (60); Hew Tork (59)
286
lbO
563
6U2
271
126
60
167
2M8
139
North Carolina (Mi); District of Columbia (bo); Oeorgla (36)
Minnesota (2b); Nebraska (20); Iowa (16)
District of Columbia (58); Oeorgla (58); Alabama (51)
Foreign (128); Louisiana (6b); Oklahoma (56)
California (79); Hevada (33); Colorado (27)
"3
Massachusetts (52); Hew Tork (32); New Hampshire (29)
District of Columbia (236); Hew Tork (lib); Maryland (68)
Alaska (b,350); California (23S); Oregon (136)
Ohio (19b); Virginia (81); Pennsylvania (81)
Minnesota (82): Michigan (79): California (b8)
Illinois (135): Colorado (36); California (15)
1.176
277
53?
1.89b,
198
916
5.112
553
576
256
176.357
1*1*9
1*20
h,72U
356
209
186
132.600
District of Columbia (106,380); New Jereey (19,209); Foreign (7.011)
Number of
States
..
...
.
.
55
Table IV.- Number of Individual Income Tax Returns for 1936 Filed by Residents Outside
of State of Filing for (1» The Three States of Residence with the Largest Number
of Returns and (21 All Other States of Residence
Sumber of returns filed by residents of other States
stete
of
Three States with largest number of returns
filing
Al abama
Total
number of
returns
State of residence (and number of returns)
U77
198
Tennessee (71); Georgia (66); District of Columbia (6l)
293
208
.661
15*
California (101); Foreign (27); Hew Mexico (26)
District of Columbia (30); Texas (27); Tenneeeee (23)
Foreign (227); Hew Tork (201); Washington (117)
3U9
937
336
111*
300
8U
Georgia.
Hawaii...
Idaho....
Illinois.
Indiana.
6U6
117
20U
.656
555
199
5U6
327
Florida (78); District of Columbia (65); Alabama (56)
California (62); Hew Tork (10); Washington (6)
Washington (97); Oregon (21); Dtah (16)
Indiana (237): Wisconsin (159); Hew Tork (150)
Illinois (21*5); Ohio (U6); Michigan (36)
Iowa
Kansas. .
Kentucky.
220
53>*
92
317
206
196
131
Illinois (36); California (29); District of Columbia (27)
Missouri (2U0); Oklahoma (1*8); Illinois (29)
Ohio (89); Indiana (87): Tenneesee (30)
Texas (120); Mississippi (51*); Foreign (22)
Massachusetts (76); Foreign (29); lew Tork (26)
. .
.
Alaska l/..
Arizona. .
Arkansas.
California.
.
.
Colorado
Connecticut
Delaware
District of Columbla.1/
Florida
>*36
Louisiana
372
221
Maine....
Maryland 1/...
MaBBachueetts.
Michigan
Minnesota
Mississippi. ..
Missouri.
Montana
Nebraska
80
5U5
61*0
2Wt
78
1*31
112.0U0
910
367
160
B&3
99
l,10l*
118,1*50
2.1U6
He vada.
215
1H7
631
109
72
106
Hew Hampshire.
<*37
31*1*
2.61*1
2,118
111
2>t8
Hew Jersey
Hew Mexico
Hew Tork
Horth Carolina.
Horth Dakota.
.
192
25,288
305
12U
Ohio
Oklahoma
Oregon
Pennsylvania.
Rhode Island.
1.176
277
53?
South Carol in.
South Dakota.
Tennessee. .
Texas
Utah
.
Vermont. ......
Virginia
Washington l/.
Vest Virginia.
Wisconsin... .
Wyoming
All States of filing.
a.67U
109
68
1*1*9
131
California (65); District of Columbia (25); Foreign (2M)
Hew Tork (1*26); Massachusetts (ll*); Hhode Island (70)
Pennsylvania (180); Hew Jersey (36); Maryland (28)
Georgia (?3); Hew Tork (27); Foreign (2U)
District of Columbia (10U.U97); Foreign (l*.55l*); California (2.989)
Hew Tork (363); Rhode leland (29h); Connecticut (253)
Foreign (19I1); Ohio (110); Hew Tork (83)
California (69); Illinois (55); Foreign (36)
Louisiana (U7); District of Columbia (27): Tennessee (25)
Kansas (366); Illinois (195); California (70)
Washington (M5); Wyoming (32); District of Columbia (12)
California (33) Missouri (2lj; Iowa (18)
California (9M: Dtah (7); Arlsona (5)
Maine (173): Massachusetts (1U6); Vermont (25)
!
Hew Tork (1,1*25); Pennsylvania (6l9); Foreign (7U)
Texas (52); Arlsona (35); California (2U)
Hew Jersey (18,255); Connnectlcut (2,598): Foreign (821)
District of Columbia (51); Georgia (31); Hew Tork (27)
Minnesota (51); California (9)l District of Columbia (8)
Kentucky (175): Pennsylvania (lUl); Michigan (113)
Texas (63); Kansas (Ml); California (2U)
Washington (285); California (109); Idaho (20)
Hew Jersey (366); Hew Tork (?32); Ohio (299)
Massachusetts (369); Connecticut (60); Hew Tork (59)
1,891*
UlU
997
603
1*88
286
1U0
563
126
60
167
sug
139
Horth Carolina (h8); District of Columbia (1*0); Georgia (36)
Minnesota (2h); Ssbraska (20); Iowa (16)
District of Columbia (58); Georgia (58); Alabama (51)
Foreign (128); Louisiana (6U); Oklahoma (56)
California (79): Hevada (?3); Colorado (27)
113
Massachusetts (52): Hew Tork (32); Hew Hampshire (29)
District of Columbia (236); Hew Tork (Ufa); Maryland (68)
Alaska C*,?50); California (238): Oregon (136)
Ohio (19!*); Virginia (81); Pennsylvania (81)
Minnesota (82); Michigan (79); California (>*8)
Illinois (135): Colorado (36): California (15)
61*2
271
198
916
5.112
553
576
256
176.357
1*20
l*,72lt
356
209
186
132.600
District of Columbia (106,380); Hew Jersey (19.209); Foreign (7.011)
All other States
Number of
re turns
279
139
Number of
States
CUSTOMS
STATISTICS
56-
.
57
Customs Duties and Taxes Collected, and Values of Dutiable and Taxable Imports,
Estimated by Tariff Schedules
(In thousand! of dollars)
Duties and taxas
Tiica.1
19*1
Jul/
16,527
9.921
27.302
10.926
8,189
40.663
1.106
772
2,406
1,8-12
13*
*,395
1.924
19*0
Chemicals, olla and paints
larths, earthenware and glassware
Ma tali and manufactures
19U1
19*0
year
Aug
Sept.
Oct.
3.»62
649
667
2.637
85"
u
Z'
3.*95
131
3,*72
2.146
139
3.004
1.869
157
2.464
1.993
731
781
Iot.
6a
Sac
Jan*
May
•Tuna
919
710
4,410
1,111
615
4,653
4,162
Tab.
Mar.
Apr.
870
613
3.587
1,486
3.114
802
654
3.229
2.796
843
579
2.711
1*7
2.462
1.569
152
1,816
1.828
148
3.5«6
2.002
160
4.399
1.552
162
6.199
1.969
196
8.695
1.810
196
6.196
1.924
251
5.505
1.973
*.*95
1,610
440
»*.
35*»
5.123
2.371
477
6,271
2.823
552
4,799
4,042
449
3,380
2.333
407
6l6
11,275
1*5
11. 677
935
Vood and manufactures
Sugar, aolasseo and manufactures 1/
Tobacco and manufactures
57.723
2S,634
1.977
52.193
22.558
Agricultural product* and prorialona
Spirits, vines and othar beverages
Cotton aanufacturas
53.063
37.122
9.103
47.646
31.005
5.756
2.923
2,059
408
2.613
1.409
469
2,422
2.168
480
3.804
3.121
476
,888
•S
3.57*
3.89*
511
Flax, hasp, Juta and manufactures
Wool and manufactures
Silk aanufacturas
10.431
42,690
2, 616
9.379
96.296
1.786
1,091
2.930
13*
524
2.794
15*
858
3.>»69
905
5.44*
207
707
.032
196
794
655
«3«
8,252 10.820 10,664
148
1*9
136
822
702
9.83* 1*.106
124
139
992
1,089
26.404
50
99
1,852
U6
94
2.086
1.796
46
86
2.455
91
112
2.416
141
96
3.011
17
27
18
25
13
19
16
15
18
15
55
206
5*3
3*7
20
576
395
591
328
275
3*1
285
*37
483
531
2U3
446
198
3
1
1
1
1
5*5
211
27
1
29
23
19
47
13
40
15
Manufactures of rayon and othar synthetic
taxtlles
Pulp, papar and books
Sundries
Miscellaneous 2/
Free list j/:
Crude petroleum
Fuel oil, ate. U/
Motor fuel and lubricating oil
305
29
62
6.043
550
249
U
575
226
>•*&
Paraffin and othar petroleua wax products
Saed oils
Oil saeda
446
209
Animal, fish, and coconut oils
Coppar
Lumbar of specified types,
1
3
U70
5
93
90
124
103
75
99
2,201
84
1.990
77
2.361
3
i?
2,261
87
2.026
101
101
83
1.949
40
19
15
18
22
2
16
23
20
17
19
1.392
25
961
22
3
700
19
1.285
23
3.008
22
4,234
19
1.154
23
1.217
26
32
3«
11
2.530
2.097
2.119
1.366
1.990
4,004
5,106
1.S76
2,087
23.562 22.687 22,441 28.796 27.313 31.048 31.987 32,642 38.749 48,905
40,104
37.072
32
37
17
l
8
12
65
*3
16
»3
335
21
680
25
1.073
22
81
total free list
28,141
340,006
385.306
1,244
1.714
Fiscal year
1940
Chealcale, oils and paints
larths, earthenware and glassware.
Metals and manufactures
31
70
866
2
17.002
270
Bad cedar shingles
Coal and related products
Total duties and taxes....
155
1,723
481
1941
2.009
1941
1940
July
Aug.
Sept.
Oct.
Hot
Jan.
fob.
Mar.
Apr
May
51.193
23,808
93.374
38.187
22.797
122,262
3.071 2.876
1.945 1.879
8.566 10,103
2.147 2.896
1.647 1.902
8.633 10.199
2.467 2.940
1.966 1.972
9.762 10.142
3,010
1,740
8,798
3.324 3,»19 3,*90
1.675 1.938 1.985
7.912 10.634 12.112
3.985
1.794
13.328
4.562
2.355
12,072
Vood and aanufacturas
Sugar, molasses and manufactures 1/
Tobacco and aanuf ac tures
17.266
110.543
36.166
22.615
111.991
37.304
1.455
9.168
3.167
1.392
7.259
3.525
1,505
6,134
3.169
1.709
5.603
2.614
1.690
3.623
2,881
1.580
7.64s
3.249
1.729 2.204 2,078
9.202 13.468 17.150
2,530 7.283 2,981
2,487
14,447
3.30*
*.07»
13.710
3.2^5
Agricultural products and prorlslons
Spirits, wines and othar beverages
Cotton aanufacturas
169.932
62,523
25,408
142, 240
9.495
3.388
1.163
9.201
2.355
1.327
9.035 12,860 12.372 10,966 11.808 11.317 12,879 15,106
3.483 4.967 5.431 6.U32 2.565 2.769 3,919 *,552
1.369 1,388 1.751 1.531 1.2G4 1,414 1.U2T 1,623
14,867
6.535
1.338
12. 'H*
50.095
16.749
62,117
64,351
4,988
61.599
142,713
3.366
7.971
4,846
255
3,*59
4,419
287
6.249
5.048
295
5.704
7.642
395
4.143 4,676 3.879 5.307 5.406 4,522
7.330 11.877 15.703 15.188 14.613 21,265
276
371
276
258
232
253
4.087
16.875
278
6.197
17.909
180
8,203
9,572
127.265
3.274
6.850
112.459
124
636
7.234
103
580
7.790
42
6.573
102
495
8.763
275
52.724
367
116.390
39
6.581
93
8.209
15
23
8.837 10.713
heap. Jute and manufactures
Vool and manufactures
Silk manufactures
yisjc,
Manufactures of rayon and othar synthetic
taxtilaa
Palp, papar and booka
Sundries
Miscellaneous 2/
free llet }j
Total value of dutiable and taxable Imports
Source:
I!
s
919.709 1.011,262
1.753
.1,980
3.366
3.699
i.157
503
33*
540
636
9.500 12,687 10.119
330
521
8.744
449
357
488
739
9.797 11.036
275
580
10,210
33»
590
10,009
16
29
9.636 10,027
16
83
9
8.582 14.326 l6,042
14
7,62s
If
8,7*6
69.106 64,858 64,663 78.151 75.559 82.791 79.682 80,851 98.519 115.23* 102,031
99.787
299
591
11
7.062
For values, reports of the Buraau of /ortlfjn and Doaestic Coaaerce
the figures for custoae dutlee and taxes ar« computed on the basis of too
quantity and rain* fl euros.
Includes taxable sugar froa the Philippine Islands.
CoBprlaos articles dutiable under paragraph l6l5 and repairs on roatols dutiable under Section U66 of the Tariff Act of 1930; tho taxable copper
oontont of dutiable articles taxed tmdor tho Revenue Aet of 1932 and taxes on articles composed In chief Tains of aajrafactured sugar under tho
Sugar Act of 1937. which cannot be allocated to appropriate schedules,
taxes collected on other dutiable coaaoditiee under the revenue acta and
the Sugar Act of 1937 *re included in appropriate schedules.
Duty-free eonaodltlee taxed under the Ravenna Aet of 1932 and subsequent acts.
Coaprises fuel oil and gas oil derived froa petroleua. and all liquid derivatives of erode petroleua except lubrieatlng oil and gasoline or other
motor foal.
;
56
Custom Duties and Taxes Collected, Estimated by Countries from which Imports Originated
(In thousands of dollars)
Country from which
lnports originated
59
Commodities Imported under Quota Provisions
Table 1.- Products of Philippine Islands
Unit of
quantity
Jstabllshed
quota
Calendar year
Calendar rear
May 1 to Dec. 31. 19tl
Oroes
Pound
Pound
U25, 600,000
Calendar year
Calendar year
Pound
Pound
Calendar year
Number
Calendar year
Pound
Quota period
Commodity
Buttons of pearl or ehell
Coconut oil
Cordage
Sugars:
Refined
Other than refined*
Tobacco:
Clgare
Scrap tobacco and stemmed and
unsteamed filler tobacco
Source:
1/
Imports
through
Sept. 27. 19U1
572.853
305,770,068
2.U78.905
807,500
4,000,000
112,000.000 1/
1,792,000,000 1/
1.1128,018,599
190,000.000
127.328.0U9
000
U, 275. 000
U. 275.
Reports of Collector of Customs.
The duty-free quota on Philippine sugars applies to 850,000 long tone, of which not aore than 50,000 long tons may be refined sugars.
Table 2.- Imports of Cotton and Cotton Waste
Tear beginning September 20, l?4o
Quote period:
(In pounds)
Cotton waste 2/
Cotton 1/
Staple length lees
than 1-1/8 Inches
Country
Established
quota
Imports for
complete
quota period
Staple length
1-1/8 Inches to
1-11/16 Inches
lstabllehad
quota
Restricted
cotton waste
(included In total) J/
Total cotton
Imports for
complete
established
quota
quota period
Iaports for
complete
quota period
Istabllahed
quota
Imports for
complete
quota period
Europe:
Belgium
Trance
Qeraany
Italy
Netherlands
Switzerland
Union of Soviet Socialist
Republics
United Kingdom
WO
76.329
21.263
68.240
W»,388
U75.12U
U.323.457
Horth and Central America:
Barbados
12. 554
1.737
506
164
239,
Cuba
Haiti
Honduras
Mexico
Other British Vest Indies U/.
12.053
75.807
25,443
7.088
22, 747
It. 796
38.559
227.
237
752
8.883,259
21.321
1,441. 54s
1.441,152
6.
1,599.886
6.U30
430
239.347
3.500
8.883.259
30.139
South America:
Argentina
Braill
Colombia
Ecuador
Paraguay
Peru
5,203
618,723
124
9.333
871
2U7.952
5.071
616,723
2
9.273
"35
3.808
20U
247. 952
2,056.299
2,056,299
2.003.U83
1.370.791
195
239.545
64.942
2.626
71. 386
71.3*8
Asia:
British India
China
Iraq
,
Japan
Motherlands last Indies.
69.627
17.322
68.783
341.535
Africa:
Algeria and Tunisia
British taet Africa
Sgypt and the Anglo-tgyptlan
Sudan 5_/
ftgerla
Other British Vest Africa 61.
Other Trench Africa J/
Total.
Source:
1.634
29.909
2.2U0
783,816
5.377
l6,O0U
689
14. 516.882
43.451.566
35,601,280
8.135
37.659.68U
5.U82.509
2,002
10.075.213
U5.656.U20
1.753.17S
Reporte of Coll«ctori of Cuatone.
Cotton haTlng a atapla of laaa than l-ll/lo" inchaa (othar than harah or rough cotton of leaa than 3/U Inch In atapla length and
chiefly uaad In tha manufacture of blanket a and blanketing, and othar than llntara).
Cotton mate includaa coaber, lap, alirar, rorlng, and cotton card atrlpa, whether or not manufactured or othenrleo adrancad In ralu*.
In tha caaa of tha Buropaan countrlea, not aore than 35-1/3 paroant of tha total quo tat for cotton vaata aay be filled by cotton
vaata othar than card atrlpa and eonbar vaetea made froa cottono of l-3/l6 Inchaa or aora la atapla length.
Othar than Barbados, Baramda. Jaaalca, Trinidad, and Tobago.
Tha quota for cotton waste appliaa only to Egypt.
Othar than Oold Coaat and Ylgorla.
Othar than Algeria, Tunlela. and Madagascar,
6o
Conmoditles Imported under Quota Provisions - (Continued)
Table 3.- Imports of Wheat and Wheat Products
Quota period:
Tear beginning Kay 29. 19>U
VhMt
Country
Istsbllshod
Quota
Wheat flour 1/ (pounds)
(bushels)
Imports
throng
Sept. 27. 19U1
Istsbllihed
Quota
Imports
through
Sopt. 27, 19>tl
Kuropo:
Belgium
100
Trance
Germany
1,000
1.000
100
5,000
Greece
1,000
Hungary
13,000
Italy
100
Netherlands
100
2,000
1,000
Norway
1.000
Poland and Danilg
1,000
Rumania
1,000
Sweden
1,000
Onion of Soviet Socialist Ispubllcs
100
United Kingdom
100
75.000
Yugoslavia
1.000
North and Central America:
Canada. ................••..•.•..•..••...••<
795,000
795.000
3,815.000
204,000
12,000
69
Cuba
Ouatemala
100
Nexleo
100
1,000
Panama
1,000
South America:
Argentina
2,000
lfc
,000
100
Braill
Call*
1,000
Uruguay
1,000
Asia:
China
2U.OO0
5. 7*0
Hong Kong
13,000
5.925
Japan
Syria
8,000
-1
100
5.000
Oceania!
Australia
1,000
lev Zealand
1,000
Afrloa:
1,000
Canary Islands
Total
800,000
Source:
1/
Reports of Collectors of Customs.
Includes semolina, crushed and cracked wheat, and similar wheat products.
795.000
it,
000, 000
215.73*
6l
Commodities Imported under Quota Provisions
Table 4.- Other Commodities
Country
-
-
(Continued)
with Quotas Applicable to Specific Countries
THE
CAPITAL MOVEMENTS BETWEEN
UNITED STATES AND FOREIGN COUNTRIES
-62-
63
Net Capital Movement between the United States and Foreign Countries
1935 through July 1941
64
7
65
Short-Term Foreign Liabilities as Reported by Banks and Bankers
in the United States for July 1941
(Id thousand e of dollar*)
Liabilities *« of
following dates
Orand
Unl ted
total
Kingdom
3.820.852
3.797.687
3.779.809
3.767.61U
396, 98U
391*. 861
3. 800, 71 »
388, 62U
3.777.079
3.759.605
385.782
375 902
360,795
Oermany
Belgian
Italy
Netherlands
Switzerland
Norway
Other
Europe
Total
Europe
TOTAL SHORT-TERM
FOREIGN LIABILITIES
July J
July 16
July 23
July 30
38U.000
369, 8U8
U«2. U85
1*81.901
1*80,831
"*79.663
12U.399
123.997
123,268
1*81,873
1*81.336
1*80,261
123.876
U79.10U
122.901
123. U17
123. Oil*
16. 808
16,706
16.712
17.823
IU.5OO
11*. 358
23M50
51i».079 178.372 2.187.8US
170,51*0
1*3,665
1*3,
ll*,i*l*l
170.585
170.309
i"*."37
171.1*52
l*3.ifei*
77U 502. IOU 179.3U 2,l60.819
235.527 502.209 178.716 2,11*8,023
5.630
5.965
6,213
6.198
1U,1*02
169,291*
169. 3U8
"3.659
2311.67s 513.305 177,738 2,175.289
1*3.1*61*
l>t.33l
ll*,3U0
169, 081*
1*3.259
1*3,160
233.968 503, 1U1 179.175 2.162.031
23^.506 501 2W* 178.676 2.11*8.1*91
235.261 501,296 178,077 2,1311.725
5.379
5.710
lit, 289
1U.151
11*. 221
1U.229
169,099
169.166
168,893
1*3,628
u 3.>»33
233.62s
232. U98
1*58, U5U
1*52
703
1*52
W»
1.155
1.093
1*52
l.li*9
13,081
13.938
13.9U1
IU.729
123.1*21*
5."*15
5.1*26
5.572
5.51*!
5,651
5.987
6.235
6.219
U67
1*3.262
2314,231 503.917 179.811 2.175.21*7
231*.
TOTAL LIABILITIES
PAYABLE IB DOLLARS:
July 9.
July 16.
July 23.
July 30.
123.
122.
^"
1
16,802
16,701
l6,706
17.817
5.M08
5>19
5.565
5.53 *
1
1U.259
170,21*2
.
Deposits for
foreign account:
July 9
July 16
July 23
July 30
3.628.152
3.602,937
3.587.U88
3.58U.60U
380,588
376,521
365,609
351.126
1*75.1*12
9k, 1*91*
"t.772
95.380
91.187
8U.215
5.906
5,669
68U
1.825
3.030
2.988
1*73.726
1*71
.
>*5S
1*71,831
122.293
122,V*3
16,673
16.576
16.587
17.689
5.U01
5.1*12
5.557
5.532
5,961.
5.9U8
170.01*8
1*3,228
1*3.129
173.322 2.099,290
1*1*7,330 17&.933 2,082.1*70
233.1»10 1*1*6,312 17U.3U3 2,067,875
23U.109 1*5.596 173.662 2,055.31*2
Bills held for
foreign account:
July 9
July 16
July 23
July 30
6,051*
U.023
3,880
3.8U9
3.959
23.917
27.357
28.212
29.529
Short-term United
StateB Government
obligations held for
foreign account:
1*0,805
1*0.955
1*0.005
1*0,800
1*0.950
1*0.000
1*0,000
UO.857
U1.006
July 9
July l6
July 23
July 30
1*3. 051*
1*3. 05U
U0.005
Other liabilities
payable in dollars:
July 9
July 16
July 23
July 30
108
108
108
107
37.211
37.756
37.876
35.272
3.26U
3.355
U.62U
3.615
5.77 *
5.782
5.770
U.282
20,138
20.608
8,360
9.079
8,098
9,053
612
565
570
559
523
52U
52U
523
10.533
10,513
10,823
10.3U5
2.2l40
558
513
518
505
382
38U
382
383
2.387
2.521
2,156
2.286
2.385
2.633
1
11*3
970
923
991
1UU
9n
U82
U5U
77U
776
860
913
636
635
639
191
ll*l*
192
188
188
130
3*7
315
391
360
11.277
11.2U9
12.399
9,81*9
TOTAL LIABILITIES
PAYABLE IB JOREIOB
CURRENCIES:
July 9
July 16
July 23
July 30
,
,
20,201*
20,1*69
98
99
110
97
1,21*6
91
92
1.098
1.090
1.078
I.065
1.237
1.225
1,210
272
263
268
266
63I*
12.559
13,216
12.328
13.298
Borrowings from
foreign banks:
July 9
July 16
July 23
July 30
2,1*1*0
2.155
2,21*1*
101*
91
583
568
679
667
H*7
11*7
153
IU5
5-157
5,280
5.121
5.150
Acceptances made
by foreign banks:
July 9
July 16
July 23
July 30
2.591*
2.836
111*
2.306
U3
2.1*35
111*
2.535
2.783
111*
Other liabilities
payable In foreign
currencies:
July 9
July 16
July 23
July 30
7.218
7.57U
6.787
7.288
3.96U
"».353
1:1%
105
10U
106
iou
21*9
191
1*87
2U9
208
181
2U6
1*89
2>*9
21*9
(Continued on following page)
1*82
1*9U
5.096
5.501
U.672
5.365
•
66
Short-Term Foreign Liabilities as Reported by Banks and Bankers
In the United States for July 1941 - (Continued)
(In thousands of dollars)
Liabllltlaa aa of
following datea
Argentina
Panama
Mexico & Canal
Zona
Othar
Latin
America
57.422
55.893
55.932
51.722
125.634
124.120
487.853
486.686
ia.i46
479. 708
121 ,064
474,627
163.649
163.287
162,299
159.663
57.408
55.893
55.918
51.708
125.300
123.822
120.833
120.755
57.351
55.840
55.872
51.596
Total
Latin
America
China
Japan.
Hong
long
Korea and
Manchuria
Philippine
I
aland
Other
Asia
Total
Aaia
TOTAL SHORT- TERM
TORSION LIABILITIIS:
July 9
July 16
July 23
July 30
U9.297
52.387
48.992
49,888
U6.562
29.891
29.791
28.925
27.956
59.969
60.772
63.172
66,352
"3.253
"3-775
119.282
123.327
117.600
11 8. 630
52.3»
59.95"*
1*2.968
U3,50lt
U6.555
29.891
29.791
28.925
27.956
66,3"*2
42,651
42,089
116. 23U
121. 460
"•5.131
26.008
"0.935
27.981*
116,056
117.101
1*2.663
usu
27.288
26.309
58.367
58.qsu
61.325
64.618
42,514
43.017
42,140
41.628
1.618
1.670
1.351
6,896
7.602
6.731
5.616
1.844
1.768
1.587
1.599
1.570
1.762
1.8I5
1.707
411
452
123. 3*»3
117. 72>>
118. 6U7
1*2.921
1*2.321*
81.285
76.262
614,750
604,348
609.891
608,289
608.696
598.319
603.928
6O2.763
103. 718
77.51"*
46.576
46,229
"3.356
102.339
76.323
"12.583
220.917
216.436
223.004
227.181
487.183
486.083
478.916
474.035
163.060 99.313
162.699 98.97 *
161.722 100.397
159.327 99. "75
79.024
74.100
75.532
74.282
46.475
46.199
43.329
42.547
220.824
216.347
222.948
227.132
121.657
120.672
117.650
117.770
469.262
468.892
462.994
459.506
146,558
146,579
1"3.57"
141.529
93.965
93.674
94.093
93.212
46.588
42.899
47,849
51.567
39.438
39.557
37.450
36.740
208. 265 534.834
3.036
2.539
2.583
2.371
15.39"
15.808
14.546
13.193
".799
".657
4,603
4,280
1.111
1.007
1,000
965
32.000
30.152
27.083
22.258
5.152
4.820
102.323
102.134
TOTAL LIABILITIIS
PAYABLE IN EOLLABS:
July 9
July 16
July 23
July 30
1*8,983
1*9.832
60.763
63.157
1
Deposits for
foreign account:
July 9
July 16
July 23
July 30
1*0.
202.845 525.558
209.640 532,606
215.216 538.264
BUlt bald
for
foreign account:
July 9
July 16
July 23
July 30
l.lt05
"*71
421
"t.055
3.985
8,640
7.655
8.040
6,694
51.702
48.291
44,781
38,182
Short-tern United
Statee Government
obligations held for
foreign account:
10
10
3.010
3,010
10
July 9
July 16
July 23.
July 30
10
2,010
2,010
1,000
1.000
436
1,049
600
Other liabilities
payable In dollars:
July 9
July 16
July 23
July 30
I.U30
197
193
124
1*3
353
l*U6
1*38
1*55
40
15
16
7
9
12U
56
7
285
271
270
235
607
611
600
6lU
2.527
1.383
1.376
1.336
11.693
11.453
11,50s
4.217
4.289
4.304
4,298
33"
298
313
309
670
603
792
592
589
588
577
536
3.010
1.l6o
3.321
2.864
2.261
2.162
1.982
2.041
331
283
371
576
575
572
2.960
3.118
3.273
2.814
804
n.535
"*57
1.885
1.822
1.824
1,822
3.919
5.847
5.266
5.222
22.150
24,460
23.531
23.307
TOTAL LIABILITIES
PATABLE IK rOEEION
CURRENCIES:
July 9
July 16
July 23
July 30
17
14
101
30
27
36
6,054
6,029
5,963
5-526
Borrowings from
foreign banks:
July 9
July 16
July 23
July 30
15
9
15
10
302
305
315
339
330
536
730
761
856
4.517
4.527
4.683
4.279
Acceptances made
by foreign banks:
43
51
24
July 9
July 1 6
Jjly 23
July 30
46
51
18
24
IB
1.414
l.^Sl
1.197
1.167
1.491
1.451
1.256
1.229
Other liabilities
payable in foreign
currencies:
July 9
July 16
10
13
July 23
July 30
121
14
1*7
272
2&0
260
230
14
299
288
453
262
3
67
Short-Term Foreign Assets as Reported by Banks and Bankers
in the United States for July 1941
(In thousands of dollars)
AseetB as of
following dates
3wlt-
Other
Europe
Total
Europe
Germany
Italy
Netherlands
35.588
35.505
35.59U
35.161
1.599
1.582
1.597
2.065
776
806
776
738
587
591
590
590
696
600
613
595
2,81*1
2.808
2.795
2,887
2U.1U8
23.830
23.803
23.750
13
1*56
13
15
1*55
326
325
329
307
121
122
121
121
21U
209
211
208
563
5U5
563
6H1
1.061
1.057
1.057
1.080
21
127
109
3.212
3.123
Belgium
United
Kingdom
Trance
332.851
332.918
339.658
355.632
23.852
23.U77
2U.271
26.87U
2.075
1.956
1.961
1.961
1.111
1,111
1.109
1.109
38.625
38.893
37.819
38.625
6,655
6,852
H5
ug
*7
6.728
2U1
232
231
238
»7
13
1*1*3
7.283
7.513
7.306
7.156
2.693
2.651
2.625
2.691
50
28
39
37
22
23
22
??
179
175
178
168
69
65
22.976
22.918
902
880
66
66
66
65
11
210
2lU
213
209
56
56
Grand
total
Norway
Sweden
serland
TOTAL SHORT-TEHH
FORMON ASSETS:
July 9---.
July 16....
July 23
July 30....
tl
Ul
55
58
2.030
2,026
2.025
2.025
95.
1
"*
9"*.333
95.189
97.807
TOTAL ASSETS PATABLE
IN POREION CURRENCIES:
July 9
July 16
July 23
July 30
6.02>*
"57
9.785
9.950
9.11*8
9.916
Banke own deposits
abroad:
July 9
July 16
July 23
July 30
2
5
70
'6
101*
3.H5
i»9
27
185
3.21*0
Deposits abroad for
account of domestic
clients:
July 9
July 16
July 23
July 30
22. 92"*
89"!
22.876
856
8.366
8.U62
7.589
8.593
3.060
3.321
2.505
29>*.226
29"»,025
17.197
16,625
18.2U7
13
«
13
5
f
56
1'
32U
13
32"*
37
33
32"*
326
1.631
1.615
1.652
1.607
Other assets payable
in foreign
currencies:
July 9
July 16
July 23
July 30
125
138
126
136
1?
10
12
12
11
20,11)6
1.83U
1.72 1*
1.730
1.723
1,066
I.063
1.062
1.062
88.U73
90.153
98.630
109.075
13.500
12.785
Ht.397
16.106
606
596
603
593
572
572
572
572
US. 371
359
506
3,181
\?
192
182
18U
180
1*23
710
l*,9l»2
1*23
711
5.212
1*22
709
715
i*,381
202
115
117
116
116
1*82
23.087
22.773
85.559
8U.183
86.0U1
87.891
1*0,020
1*2,938
1*5.
201
20U
203
11
11
U23
5,069
TOTAL ASSETS PATABLI
IN DOLLARS:
July 9
July 16
July 23
July 30
301.839
317.007
35.501
35.U17
35.50U
35.07 *
1.1U3
1.127
1*50
1*66
1*81
1*69
391
1,11*0
1*1*7
1*69
1*02
1.622
"31
1*69
387
2,278
2.263
2.232
2.2U6
1
12.31*2
59U
1*1*
1
IU
1U.126
15. kkl
16,017
577
591
699
36
123
38
123
126
22
"9
11*5
11.281
11.161
11,102
155
11
13.938
11.802
9.655
8.5UU
5
5
5
1*2
382
ss
28
uo
'9
2.027
2.022
2,022
2.022
1
22.7'*6
22,670
Loans to foreign
banks:
July 9
July 16
July 23
July 30
Acceptances made for
foreign banks:
July 9
July lb
July 23
July 30
1*2,1*99
1*31*
1*2,029
U32
180
180
208
208
157.382
159.157
160,710
165.903
3.338
1.01(8
1»9>*
3.33"»
9U8
919
922
1*91
"A.715
13
13
9
.021*
39.187
203
7
531
531
531
531
15.059
13.060
10.865
10.108
2.113
2.105
2.059
2.08U
11.275
11.081
11.113
11.115
31.313
31.303
32 238
32.580
32
28
Other assets payable
in dollars:
July 9
July lb
July 23
July 30
3.U16
3.608
1*90
1*90
27
27
26
?b
2.027
2,022
2,022
2.022
9.221
q.ugg
10.U08
10.513
1*02
1*65
51*5
1*1*1
1*67
51*1*
1*21
1*67
359
353
353
5"1
1*18
1*67
37".
51*1*
(Continued on following page)
6S
Short-Term Foreign Assets as Reported by Banks arid Bankers
In the United States for July 1941 - (Continued)
(In thousand t of dollar }
Asaett as of
following dates
Panama
Argentina
A Canal
Zona
TOTAL SHOHT-TERM
EOBilC-N ASSETS:
July 9
July 16
July 23
July 30
12.182
12,06S
12.366
13.772
25. 718
26,239
25.881
27.293
TOTAL ASSETS PAYABLE
IN TOREIGS CUBHINCIES:
July 9
July 16
July 23
July 30
925
989
971
930
Banks own deposits
abroad:
July 9
July 16
July 23
July 30
115
168
11*8
109
Deposits abroad for
account of domestic
clients:
July 9
July 16
July 23
July 30
19
657
6U6
6W1
Other aesete payable
in foreign
currencies:
July 9
July 16
July 23
July 30
162
161*
177
177
TOTAL ASSETS PAYABLE
IN DOLLASS:
July 9
July 16
July 23
July 30
12.81*2
25,668
26.188
25.837
27.2*9
1*56
2,1128
666
.568
2,700
2.257
3.193
1,19*
1.080
970
1.09U
6,698
6,870
6.887
7.05*
9.607
9.333
9,*82
10,180
16.51*2
11.257
11.079
11.395
Loans to foreign
banks:
July 9
July 16
July 23
July 30
91*3
Acceptances made for
foreign banks:
July 9
July 16
July 23
July 30
Other assets payable
in dollars:
July 9
July 16
July 23
July 30
16.61s
16,693
17.002
12.866
12.763
12.881
l3,U«it
Other
Latin
America
Total
Latin
America
China.
Hong
Kong
Japan,
PhilipKorea- and
pine
Manchuria
Islands
Other
Aala
Total
Aiia
All
other
69
Security Transactions as Reported by Banks, Bankers, Brokers and Dealers
in the United States for July 1941
(In thousands of dollar*)
Transactions during
week onded:
Grand
total
Out tad
Kingdom
8.551
7.772
6.77U
f.208
760
89
307
336
July 9
July 16
July 23
July 30
Bonds:
5.0U0
3.U66
2.112
3.665
139
62
121
July 9
July 16
July 23
July 30
2.569
1.077
5.395
3.035
266
9
66
76
2.9U2
3.227
1.267
1.508
355
18
120
7.6U1
7.392
9.629
8.776
1.079
1.811
1.999
2.161
3.80s
U.83U
5.822
873
1.581
1.658
1,802
2.93U
1.562
3.759
2.128
153
182
28U
350
899
99S
53
US
63
9
TOTAL PURCHASES
IS THE UHITED STATES
FOE POSSIOU ACCOUHT:
July 5
July 16
July 23
July 30
Purchaser of
domestic securities:
Stocks:
79
Purchases of
foreign securities:
July 9
July 16
July 23
July 30
181
TOTAL SALES IS
THE UNITED STATES
TOR FOREION ACC00«:
July 9
July 16
July 23
July 30
Sales of
domestic securities:
Stock*;
July 9
July 16
July 23
July 30
5.H9
Bonds:
July 9
July 16
July 23
July 30
Sales of
foreign securities:
July 9
July l6
July 23
July 30
7
S
826
TOTAL PURCHASES
EXECUTED ABROAD FOR
ICKESTIC ACCOUHT:
July 9
July 16
July 23
July 30
1.267
U60
886
967
F -rchases of
domestic securities:
Stocks;
July
9
July 16
July 23
July 30
Bonds:
July 9
July 16
July 23
July 30
Purchases of
foreign securities;
July 9
July 16
July 23
July 30
20
Bal-
Oar-
Italy
Rether-
landa
Si.ltOther
serland Europe
Total
Canada
Europe
Latin
Japan,
Amer- Korea and
ica Manchuria
Other
Asia
Total
itia
70
Security Transactions as Reported by Banks, Bankers, Brokers and Dealers
in the United States for July 1941 - (Continued)
(Id thousand, of dollar,)
Transactions during
week ended:
Grand
total
United
Kingdom
France
Belglum
Italy Netherlands
Latin
America
SwltOther Total
xerland Europe Europe
TOTAL SALES
EXECUTED
DOMESTIC
July
July
July
July
ABROAD FOB
ACCOUNT:
9
16
23
30
672
U63
692
1.044
6U6
460
689
934
11
11
Sales of
domestic securities:
Stocks:
July 9
July 16
July 23
July 30
U
u
7?
Bonds:
July 9
July 16
July 23
July 30
Sales of
foreign securities:
July 9
July 16
July 23
July 30
31
129
17
85
630
330
671
886
26
3
110
Japan,
Korea and
Manchuria
Other
Asia
Total
Asia
All
other
71
Security Transactions In Joint Foreign Arbitrage Accounts as Reported
by Brokers and Dealers in the United States for July 1941
(In thouaande of do Hare)
Transaction! during
week ended:
72
Foreign Purchases and Sales of Domestic Securities^
(In thousands of dollars)
transactions
during
week ended:
73
§E
CO
1
7U
Purchases and Sales of Foreign Exchange, Spot and Forward, as Reported
by Banks and Bankers In the United States for July 1041
(In thousand* of dollar,)
Curreney afi
Transaction,
during
weak andad:
TOTAL raCHlSIs:
Julr
July
—
9 Spot
9 Forward.
Qrand
total
m
Bal-
Unit ad
Kingdom
Oar-
Ital/
Salt.
Othar Total
tarland luropo tnropa
lotharlando
U.182
2.25«
hi
129
2
33
33
I.O83
67
25
176
358
July 16 Spot....
July 16 Forward.
11.(09
92*
k.51*
kti
July 23 Spot
July 23 Forward.
9.902
691
July 30 Spot....
July 3° Forward.
9.85*
529
»,777
397
3.880
122
9 Spat....
9 Forward.
6.75*
2.296
3,00*
•9
July 16 Spat....
July 16 Forward-
8.793
"67
July 23 Spot....
July 23 Forward.
2
91
181
213
1
5
U
95
11
105
t
Latin
Canada
ianloa
k.7**
2. 26k
I.X96
2.03k
509
5.85"
"7*
2.312
122
1,283
19
'•a
1,601
35
558
Japan
Koran and Othar
Manchuria Ada
Total
lain
1,312
122
2,110
267
588
120
1,219
193
1,807
313
610
153
gn
1.301
2ks
579
170
$31
n
1.117
2*5
9!
660
(0
252
k
5.020
188
1.538
96
628
88
167
211
3.503
"9
86k
2.015
k39
610
70
1.272
122
1,882
192
3.50k
75
31
1.058
3
h.700
1.27k
10k
1,208
19
kis
7*
1,110
193
6.76«
195
6.100
ki9
3.576
121
3»7
90
»,212
"91
385
65
619
95
1.5JS
267
1,00k
160
2,5kk
75
638
60
2*6
k
3.618
138
1,010
35
8ki
96
538
•65
511
75
976
185
2.877
2.309
1.17"
2,209
15
9 Forward.
July 16 Spot....
July 16 Forward.
3.016
»6l
l.okO
386
55
July 23 Spot....
July 23 Forward.
3.13>»
1,201
397
12
July 30 Spot....
July 30 Forward.
3.75"
1.336
50
22
no
9 Spot.
9 Forward.
10,523
",37»
5.107
2.315
76
197
July 16 Spot.
July 16 Forward
U.klS
".70"
38a
90
1.0H5
610
July 23 Spot.
July 23 Forward.
10,286
205
5.17«
108
77
179
i*i
97
6.030
108
1.622
39
July 30 Spot.
July 30 Forward.
10.W7
BS
su
622
252
228
".510
86
5.622
86
9 Spat....
9 Forward.
3.358
2.263
1.616
2,210
171
1.823
2.210
July 16 Spot....
July 16 Forward.
3.7»2
101
5»
1,600
350
July 23 Spot....
July 23 Forward.
3.212
167
1.29*
8*
197
July 30 Spot....
July 30 Forward.
k.kkl
1,891
5"
251
»7
2.263
3. "91
26
217
9kk
31
85
35
rurchaoaa froa bank,:
July
July
July 30 Spot....
July 30 Forward.
77
72
uo
Furehaaao froa
custoaora othar
than bank,
July
July
9 Spot....
U96
632
19
188
75
ko
228
75
1.038
18
170
k6
109
279
k6
1.289
kos
591
225
88
72
297
88
l.k02
50
697
11k
60
27
lki
60
a7
5.659
2.315
1.626
2.013
31
5.9*1
38k
1.2U1
2,215
1,15k
397
TOTAL SAL3S:
July
July
l.kks
2
505
8
975
6k3
72
1.295
8
1.938
80
563
658
58
872
1.530
1.771
102
650
697
25
780
l."77
ko
709
13
170
2
58
15
Sal*, to banks:
July
July
71
1.719
350
l
-S
329
ko
ko
36k
698
39
861
6
200
3.«36
105
k,222
3"
917
2,000
1,060
k2
335
1.59J
2ki
160
66
*s
191
118
278
66
IT*
77
266
3"3
11
612
k
•S3
1.360
.972
6
8
n
Sal,, to euatoaar*
othar than bankai
July 9 Spot...
July 9 Forward
July 16 Spat.
July 16 Forward.
July 23 Spot.
July 23 Forward.
July 30 Spat
July 30 Forward.
7.165
2.111
7.676
90
105
3,0"
3.882
J»
6.006
157
611
.660
lk
1
2*0
96
"."37
92"
363
527
Ik
698
,22
18
371
205
3.359
32
910
96
"59
620
Ik
51*
15
1.13"
29
2»
2.619
32
2
1.177
II
75
Outstanding Forward Exchange Contracts as Reported by Banks and Bankers
lq the United States during July 1941
(In thousand! of dollar*)
Currency of:
Contracts as of
following data*
Orand
total
Ohlted
Klngdoa
franco
Bel-
0»r-
glum
any
Italy
notherOther Total
Sweden Switlands
serland Europe Europe
Canada
Latin
Japan.
Other
Aner- Korea and
lea Manchuria iila
Total
Asia
All
other
TOTAL raCBASI COITBACTS:
July 9
July 16
Jul/ 23
July 30
20,179
19,*50
19,*3»
17.65*
9.7M
11,81*
ll.*3»
11,518
10,576
»,011
3.6*5
3.656
2.926
8.335
8,016
7,916
7.078
5.727
5.767
5.70*
5.322
19,688
18,«60
18,128
l6,»92
10.048
9.71*
9.7*7
8.369
9.012
8.901
8.853
8.135
5.651
5.700
5.693
5.1«7
10,676
9.559
9.275
8.357
*.397
*.01»
*.05«
3,202
9.U12
9.358
8.2*8
18
18
18
18
3.659
3.579
3.58?
3.58*
1.65*
1.566
1.5*7
1.5*7
2.7*9
2.351
2.129
2.0*2
1.28*
l.»*7
1.517
1.115
*.033
117
10,833
10.507
10.U52
9.366
(6
86
86
117
».6l3
»,2*7
»,256
3.55«
3.131
2.9«7
2.983
3.095
1,206
1.225
1.115
1.115
1.616
1.53*
1.653
1.697
1.278
2.89*
2.975
3.16*
2.8C8
2*0
2*0
2*0
2*0
6,220
6,260
6.196
5,808
528
592
606
»89
h*8
J*
*32
U32
1.133
817
676
3*5
682
682
682
682
1,206
1,206
1,206
1,206
11,99*
11,6*9
11,682
10,322
3.789
3.721
3.729
3.752
1.307
1.252
1.2*9
610
610
610
610
73«
738
738
738
7.013
7.062
7.055
6.5*9
268
268
268
*68
468
*68
*68
*.9S1
»,587
*.627
3.773
3.521
3.»53
3.*6l
3.752
531
531
531
525
*5»
*5»
»5«
*58
298
29«
298
297
218
218
218
218
18
18
18
18
233
233
233
228
21
86
86
86
1:1%
3.157
Contracts for
purchases frost
foreign customers l
July 9
July 16
July 23
July 30
l.NH
1.511
1.111
Contracts for
purchase e frost
dosestle eustosteral
July 9
July 16
Jttly 23
July 30
1
.139
823
682
3*9
TOTAL SALTS CCBTHACTSl
July 9
July 16
July 23
July 30
a
21
20
1,1*51
2,30*
1.629
1.33*
1,020
13*
135
115
130
2.»3«
1.76*
l.**9
1.150
Contracts for sals
to foreign custostsrst
Joly 9
July 16
July 23
July 30
1.357
1,216
1,159
1,186
372
355
37*
355
*oo
Uoo
Contracts for sal*
to domestic custoaerei
July 9
July 16
July 23
Joly 30
,
,
21
21
21
20
•3
Net Position In Foreign Currencies of Reporting Banks and Bankers
In the United States for July 1941
[In thousands of dollars.
Position aa of
following dates
Lang position or short position (-)l
1.9'2
1.27"
963
620
132
135
115
130
2.06*
l.»09
1.078
750
16
19
i£
19
I
GOLD
AND
SILVER
-76-
STATISTICS
.
U
2
5
.
.
.
c
6 6
^
CC
77
Gold Assets and Liabilities of the Treasury
(In millions of dollars)
Liabilities
End of calendar
year or month
Gold
Assets
193U.
Sold Certificates 1/
6,238.6
10,122.9
11.257.6
12,760.0
14,511.?
1935.
Gold Reserve
against V. S.
notes, etc. 2/
5,274.0
7.679.5
3.959.
Stabilization
Fund J_/
Gold in
General Fund
156.0
156.0
156.0
156.O
156.0
156.0
156.O
1,800.0
1,800.0
1,800.0
1,800.0
1,800.0
1,800.0
1,800.0
341.9
1,591.6
682.4
1,008.6
1*87.4
1937.
1938.
19391340.
21,994.5
9.212.3
11,872.8
15,273.6
19.825.4
19l*0-September.
21.244.1*
19,005-9
156.0
1,800.0
282. U
October.
November.
December.
21,505.5
19, ^54-6
21, 800.
19.651.6
19.825.4
156.O
156.O
21,994.5
156.
1,800.0
1,800.0
1,800.0
194.8
192.8
213-?
19 u l-January..
February.
22,115-7
22,231.2
22,367.0
19.977-6
20.09U.7
20,175.9
156.C
156.0
156.0
1,800.0
1,800.0
1,800.0
182.1
March
April.
May...
June.
22,505.3
22,574.9
22,624.1
20.26720, '87.8
20,384.5
156.0
261.0
156-0
1,800.0
1,800.0
1,800.0
22,674.1*
20.379-7
156.
22.718.7
22.760.5
20,376.1*
20.522.6
156.0
156.0
1,800.0
1.800.0
1.800.0
338.6
386.2
281.9
17.643.1*
July
.
AugUS 1 .
September.
.
Source:
1/
2/
3_/
.
156.
1*08.9
213.2
180.1*
235.
231.]
283.5
Dally Treasury Statements.
Comprises (l) gold certificates held by the public and in Federal Reserve Banks; jid (2) gold certificate credits in (a) the Gold Certificate
Fund - Board of Governors, Federal Reserve System, and (b) the Redemption Fund - Federal Reserve notes.
Reserve against United States notes and Treasury notes of 1890.
Excludes gole in active portion of Stabilisation Fund.
Net Movement of Gold to and from the United States
(In millions of dollars at $35 per fine ounce)
Net import from or net export (-) to:
Calendar year
or month
499.9
315.7
174.1
891.5
208.7
826.4
633.0
1934
1935
1936
1937
1933
1939
1940
1940-September..
Oetobtr
November.
December.
1941-January
February.
March
Netherlands
United
Kingdom
260.2
934.2
573.7
-13.7
81.1
3.8
241.6
94-3
227.2
71.0
6.5
163.O
341.6
63.3
Switzerland
12. U
1.0
7.5
54.5
1.4
67.0
90.2
Japan
86.8
95.2
72.6
111.5
30.3
13.7
8.9
3.4'
76.3
613.O
40.0
38.5
36.5
33.6
2,622.1*
29.7
18.1*
10.1
10.7
3.8
2-3
1.1
1.1
2-7
73-0
3'U.i
5
.6
.6
.8
1.2
.1
69-5
31-5
12.2
326.0
330.1
137-2
llt.4
7>
15.0
6.1
4.5
11.1
6.7
6-3
3-2
2.8
4.0
3.6
1.0
4.7
4.2
.8
lt.6
.1
80>
U6.9
1.2
.8
81.
1.1
.8
3.0
95-6
July U/
August U/...
September k/
19.
1.1
10.8
.8
1*2.6
•
5
5-2
2.0
6.7
2.1
Total net
imports
or net
exports (-)
10.6
23.2
23.9
2.2
.0
1/
All
other
4.1
3.1
4.0
5.3
10.3
14.8
..
Chile Peru
China
5.5
6.6
7.9
9.4
.8
lU.
Colombia
12.0
15.3
21.5
25.4
27.9
35.6
38.7
13-2
1.1
5/
1.0
3.5
23.3
34.7
39.2
74.3
103.8
11.8
12.2
13-3
20.2
16.3
17-5
I
1.0
76.8
75.3
77.9
50.3
16.2
53.3
49.9
Philippine
Islands
217.6
April
May
June J/
Source:
90.9
15.5
165.2
Australia
3-7
. .
V
2U6.5
168.7
165.6
111.7
British
India
1.7
222.7
262.7
. .
Belgium
16.9
10.9
11.9
S.l*
1.4
-3
.1*
1.0
1.1
2.8
3-4
2.1
5.0
5-1
3-1
•
1.2
3-2
1.1
2.?
.6
.?
.3
2-9
2.8
:2
1.1
•7
.?
2.5
1.2
155-02/
13.6
5-3
135.13/
l
2.1
2.2
16.5
9.1
9.4 30.7
19.8
7.9
1.6 15.9
11.7 104.U
23.1 103.1
26.1* 688.0
4,74l*.6
2TU.2
108.6
118.6
172.
S.6
2-7
3lt.ll
2.8
37-15/
37.037
65-75/
8.1
1.6
1,132.0
1.739.0
1,116.;
1.585.5
1.973.6
3.574.2
11.8
5_,'
'0.7|/
S. Department of Commerce.
Includes Hong Kong
From South Africa $1*±9.7 millions.
from South Africa $1J>2.2 Billion*.
In the interest of national and hemisphere defense, the Department of Commerce has temporarily suapended publication of gold export statistics by
country of dectlnatlcn. Thie action Is effectiTe with statistics for Hay l«»Ul. The figures ehowi in the table for May, June. July. August, and
September l°,Ul for the v art cue countries represent gross Imports,
Grose exports amounted to SS.039 in May. to $6,797 In June, to $13,09 h in July, to $6,090 In August, and to $ *,999 In September.
U.
l
78
CD
LU
t
Q
LU
I-
LU
.
..
2
UU
.
79
Monetary Stocks of Cold and Silver
(la millions of dollars)
Xod of fiscal
year or month
193U.
1935.
1936.
1937.
1938.
1939.
19U0.
19U1.
Sold
($35 per
fine ounce)
7.856.2
9.115.6
898.2
.U63.I
10. 60s.
.2*19.5
12.318.3
12.963.0
16,110.1
19.963.1
.5U2.I
.066.U
,605.2
.939.6
.1U8.7
22, 624.
19U0-September.
Sllrer
($1.29* per
fine ounce)
Hatlo of ellrer
to gold and ellrer
la monetary stocks
10.
13.
17.
17.
19.
18.
l6.5
15.5
21.2UU.U
U.002.2
15.9
October.
Horember.
December.
21.505.5
21,800.8
21.99U.8
U.022.9
U.0^8.9
U, 060.0
15.8
15.6
15.6
19U1 -January.
February.
March....
22.116.5
22.231.9
22.367.3
U.078.6
U.092.5
u.107.6
22.505.8
22.57U.9
22.62U.2
U.120.8
U.I35.3
U,lU8.7
15.5
15.5
15.5
22.67U.7
22. 719.
U. 157-9
U, 188.1
22.760.5 p
U.191.8 p
15.5
15.6
15.6 P
April.
May...
June.
July
August. .
September.
.
Source:
?
Daily Treasury Statement and Circulation Statsment of United Statee Money.
Preliminary.
Components of Silver Monetary Stock
(In millions of dollars)
lad of
calendar
year or
month
..
7
..
1
80
Seigniorage on Silver
(Cumulative from January 1,
193** -
millions of dollars)
*D
Sources of seigniorage on silver bullion revalued 1/
Seigniorage
on silver
and minor
coins
Ind of calendar
year or month
Misc. silver
(lncl. silver
Newly -mined
Newly-mined
silver (Proc.
silver (Act
bullion held
Dec. 21, 1933) July 6, 1939)
June lU, 193U)
5.5
18.5
U8.7
.1*
1*8.7
1*6.1
1*8.7
1*8.7
1*8.7
lt.2
19W
63.7
69.5
91.7
122.2
16.8
36.0
58.0
75.9
87.3
1*8.7
87.6
195l-January..
February.
March. . .
125-3
127.0
128.3
1*8.7
87.6
87.6
87.6
1935
1935
1936
1937
193*
1939
April.
..
May
June
July
August.
September
.
Baals:
1/
2/
.
1*8.7
1*8.7
1*8.7
132.6
137.2
1*8.7
11*3-5
1*8.7
IU9.I1
1*8.7
155-1
162.0
1*8.7
1*8.7
1*8.7
Silver Purchase Act
of June 19,
193
1
*
Hat io nail zed
silver
(Proc. of
Aug. 9. 193*0
Total
•elgnlorage
on silver
revalued
Potential
seigniorage on
silver bullion
at cost in
General Fund
132.6
275.9
397.5
28.5
3U.5
128.7
326.2
31*.
1*22.1
35.7
35.7
35.7
35.7
508.
25.7
51.1
226.2
302.7
366.7
557.7
530.7
562.7
759."*
950.6
1,055.8
27.7
29.6
31.5
565.7
565.9
567.0
35.7
35.7
3".7
763.5
766.5
769.5
1.062.9
1.069.8
1.075.9
87.6
87.6
87.6
33.5
35.6
37.1
568.1
569.1
570.7
35.7
772-6
775.7
778.8
1.076.2
1.079.1
1.079.5
87.6
87.6
87.6
39.1
U1.0
"3.5
572.7
35.7
571*.
9
3". 7
576.5
35.7
782.8
786.9
791.0
1.079.8
1.087.3
1.089.8
31*.
7
35.7
5<*1.6
6l6.0
705.6
758.8
Dally Treasury Statements.
These Items represent the difference between the coat value and the monetary Talus of silTer bullion revalued and bald to secure silrer
oertlfloatee.
The figures In this column are not cumulative; as the amount of bullion held Increases, the potential seigniorage thereon Increases.
Silver Production, by Leading Countries
(In thousands of fine ounoes)
Calendar year
or month
American countries
Total
for
world
United
States
Canada
2/
22,821
16.395
17.565
17.753
All other countries 1/
Total
UU .261
55.730
51.538
56,858
61.725
65.939
65.683
61*. 292
68,101
7U.1U5
75.589
77.565
85,681
81,019
75.871
82,638
6,761
10,381
17.533
19.901
6.861
8.120
7,990
1.500
1.500
2,000
1.3S8
5.609
5.605
5.613
1.600
1.500
1.500
1.118
1.352
1.326
5.610
5.115
5.110
10.819
10,091
12,788
16.539
15.708
15.869
1935
1936
1937
1938
1939
169.159
190.398
220, 70U
253.696
27s*. 538
267.765
265,262
19W
273,681*
55.613
63,351
71,299
61.689
63,872
67,013
23 .091
5.530
2.01*2
22,836
23,835
1*.1*19
5.0U9
1.791
1.795
22.900
23,11*5
5.609
6.367
1,673
1,708
?0.6U5
6.1*99
1,61*2
7.090
7.10H
U.568
2U.329
23,208
22,700
5.733
6.009
1.557
1.357
1.802
8.750
7.792
6.339
1.550
1,1*20
1.1*50
6,1*1*5
1.500
1.298
1.300
5.319
5.302
5.315
22.393
20,397
57
5.ei»3
1,1*8U
6.1*65
5.01*7
1,902
7.152
3.769
8.062
1.300
1.600
1,500
1.300
1.320
57
5.315
5.351
5.315
57
6,310
1,1*00
57
5.321
19U0-July
August
September.
October.
November.
December.
.
195l-January.
February
March
April
May
June
July
Souroe:
1/
2/
Xf
uy
5/
.
.
32,1*37
19,581*
2l*,13l
23,826
2"*,
538
23,816
57
57
57
16,991*
20.52U
18,802
19,000
17.1*97
16,925
1.51*9
1.1*01
Japan
British
1/
India 5/
lhirope
15.769
15,891
17.19?
19.705
21.053
22.757
21,221*
11.553
11,257
12.535
13.195
l5,903
15,053
15.517
6,680
7,863
9.706
11,670
12.551
13.115
i5,oi5
6,080
5.818
5.850
5.977
6.205
5,957
5.953
Othar
Asia
1,103
1,179
1.219
1.733
1.913
2.551
2,670
5.076
5,722
5,130
5,580
5,200
5.536
5,515
Annual Reports of the Slreotor of the Mint for annual figures through 1939: releases of American Bureau of Metal Statistics for all
later figures.
Breakdown by countries not available after 1939.
Includes Newfoundland.
Includes Chosen and Taiwan.
Includes Burma.
Hot yet reported.
..
«1
Net Movement of Silver to and from the United States
(in thousani, of dollars)
Not Imports from or net exports (-) to:
Calendar year
or Booth
United
Kingdom
36.5a
193 1*
1935
1936
1937
1938
1939
l9«o
53.393
3»,120
13H.26U
12.381
3"3
19lt0- September....
190
"?o
12. 1»7
-363
aprll
*W ll;
June 3_/
Other Latin
Cuba
Mexi co
2,>t57
America
-3.780
-5.611
-8.951
1.550
2,920
1.0U8
-7.>»51
-U, 3h2
->i,787
968
696
851
1.313
3.<»6
10,199
7.U08
6,786
7,181
6,513
6,260
-1,228
2.738
611
2.858
3.178
2,318
6.798
10.915
7.078
6.H87
21.995
58.325
29.925
30.203
«1.715
31.597
25,811
372
1,803
102
652
lUl
U
2
-79
293
268
U3S
2.7U2
2.257
2.390
252
73
?
U58
15
715
112
129
225
-23U
-16
-l6l
6s6
uoi
39U
2,137
20
*3
109
1169
2.56U
-2
578
515
580
2,560
1,631
1.960
130
29
67
710
576
2.725
2,091
53
63
89
856
-25
15.396 1/
-656
-1,16s
35
October
November
December
19Ul-January
February
March
Other
Europe
1
1
July 1/
August J/. ..
September 3_A
.
5."*l6
a
i,sa
2,
U6
-338
188
3.02U
193 *
1935
1936
1937
1938
1939
1
Hong
long
British
India
21.967
227
69.996
5.6ll»
150
19>t0
19**0-Septomber.
. .
October
November
December
19U1- January
February
March
April
**7 i/June 2/
July 37
August 2/....
September }J
Source:
i
Other
Asia
Japan
2.873
6,787
3..SJ
61
303
8U3
2,1W
1.271
2.930
lt,2^U
13"
22*
3*2
50U
10,808 2/
1.960
1.15U
321
i»97
2U2
186
103
300
293
Total net
Imports or
exports (-)
3>»
118
U8
>>33
617
672
1,202
S6.17U
335,730
170,851
79.835
223. U19
70,677
3
7.725
396
10,36s
-71
396
861
75
lU6
•t.517
872
1.279
70
76
67
87
"».770
>».653
-35
-1,127
33
:S
2
1»!
263
772
107
-198
-723
66
85
83
113
305
512
99
225
79
53
129
82
90
109
120
258
218
109
311
-102
l
5U, 76O
U.567
"t.256
2. >»75
3.Uii
3,nU
V
3.3*7
".099 5/
V
686
3.561
3.356 5/
it,
Department of Commerce.
Include! net import of $1?, 950, 000 from Trance.
Include* net Import of $9,791,000 from Slam.
In the Interest of national and hemisphere defense, the Department of Commerce has temporarily suspended publication of siirer
export statistics 07 country of destination. This action Is effect iTe with statistics for Kay 15U1
The figures shovn In the
table for Hay, June, July, August, and September 19^1 for the Tarious countrlee represent grcss Imports.
Oroes exports amounted to $blU,?U6 in May, to $209,778 In Jane, to $353,313 In July, to $207. U97 la August, and to $31*7.716" In
September.
U. S.
.
y
175
191
288
555
S93
All
other
3.
99
120
138
Uis
262
Hot Imports from or net exports (-) to:
Calendar rear
or month
381
V
OTHER
TREASURY
—
62
—
STATISTICS
S3
Balance Sheet of the Exchange Stabilization Fund
As of June 30, 1940 and June 30, 1041
Jane 30, 19U0
Jane 30. 19*1
Cash!
Treasurer of the U. 8. (Old
Treasurer of the U. 8. , checking account
federal Beaerre Bank of lev Tork, special account..
Disbursing officer,' balance, and adTanoe accounts.
,
$1,800,000,000.00
1,56*. 33*. 2*
127.198.969.35
11.072.86
81,800,000,000.00
1,581.892.07
106, 896, 315. 8*
16.08*. 85
Total cash
n.928.77k .375.89
*1. 90S. lie*. 292. 76
86,020,180.63
88, 918,9118. 78
Special account! of Secretary of the Treasury la
federal Besorve Bank ef lev Terki
Special account lo. 1, gold (schedule 1)
Dae fron foreign banks (foreign exchange)!
francs
Belgaa
Sterling
Central Bank of China (secured deposits) 1/
17.88
505.06
2.836.»0
i9.ll2.5OO.OO
I
»
Total due fron foreign hanks
17.88
505.06
2.980.05
19.117.998.12
19.115.859.3*
19,121.501.11
10.Ww.723. 13
10,1*8,723.13
accrued Interest receivable (Schedule 2)
9.730.73
9.730.73
Other accounts (deferred charges )
6.013.1*3
35.71
Commodity sales contracts (deferred charges)
2.636.OO
2.636.OO
Investments In 3. S. Oovennqent eeeurltioe (Schedule 2)
«2.oWt.377.519.15
Total assets.
*2.026,995.868.22
Liabilities and Capital
accounts payablei
Touchers parable
Due to foreign banks.
»
It, 018.
05
22. 8*5. 963.21
(
Total accounts parable
*
Capital account
earnings less edelalstratlTe expenses (schedules 3 and It)
Total liabilities end capital.
1.816.99
97.537.99
22.Sb9.98l.26
*
99.35"t.98
2,000,000,000.00
2.000,000,000.00
21.527,537.89
26,S96.513.2U
e.OW.377.519.15
82,026,995,868.22
Back figures! Animal balance sheete for the rears 193* through 19*0 nay be found in the 'Annual Beport of the Secretary ef the Treasury for
I9U0 1 . Quarterly balance sheets ooamenolng Becenber 31. 193* *a7 be found in previous Issues ef the "Treasury Bulletin 1 .
Consisted of 65, 000, 000 yuan ae ef June 30, 19*10 and 65,018,698.63 yuan aa ef Jane JO, 19*1. Oeld held ae collateral aaoanted
1/
to ti9.379.Oi5.65 as of both datee.
Schedules for Balance Sheet of the Exchange Stabilization Fund
Schedule
1
location of geld held by aad far account of the exchange Stabilisation fund 1/
Location
84
Schedules for Balance Sheet of the Exchange Stabilization Fund
Schedule 2
D.
lam*
S.
Ooreriuneat securities held
05-
the Irchang* Stabilisation rand
-
(Continued)
.
.
..
85
Vessels Cleared from the United States, Direct for Foreign Ports,
Classified by Nationality
Bulbar of Teaaele
PUcal year
Grand total
Cleared to Canadian
Great Lakea porta.
19*0
19*1
J*.6l9
35.167
8.755
Claarad to coaatal
and OTaraaaa porta.
American eeaela,
7.9?8
Foreign tiihIi,
Sept.
19*1
Oct.
»OT.
Dec.
Jan.
Tab.
X*x.
Apr.
*»
Jon*
Juljr
Aug.
206
3.160
3.079
2.571
1.875
1.825
1.801
2.032
2.662
3.69"
"t.177
••.791
>t.657
9.15lr
1.705
1.038
997
7*8
158
50
ft
83
362
1,078
1.272r
1.791
1,802
26,Ol6r
2.501
2,122
2,082
1.823
1.717
1.775
1.737
1,9*9
2,300
2,616
2.905r
3,000
2.855
sui
6**
608
U91
Us6
U6S
*89
553
680
9*0
1,068
1,0*1
930
1.837r
8.123
It,
1,660
l.*78
l,*7*
1.332
1.231
1,307
1,2^8
1.396
1,620
1.676
1.959
1,925
70
9
6
15
It
3
5
It
5
3
3
3
3
It
56
9U
5
6
7
5
9
7
8
12
9
11
10
6
5
9.562
10,876
1,061
902
889
75«
6ft
72*
708
7«3
1,020
1.057
1,288
1.359
1.375
50
Braillien
Brltlata
Ang.
121
17.936
Belgian
19*0
17.893r
Daaleh
U63
5
1
2
Dutch
62*
500
*1
MO
50
"to
36
52
35
*2
17
39
5*
"3
Tlnnlah
130
2*2
19
13
18
25
18
22
30
23
19
27
1*
3
Irenoh.
2*3
ft
1
2
8
1
5
U
8
10
12
l
7
German
1
It
78
Greek
295
2ft
33
1*2
27
26
25
22
21
15
11
7
Honduras
796
922r
75
69
80
72
66
71
68
81
84
100
Italian
299
1
Japaneaa
78*
700
62
57
66
76
55
5*
5*
55
52
59
*7
Uo
6
2.700
1.923
176
159
13«
137
155
155
151
173
162
170
159
169
1*9
653
853
56
71
67
79
79
69
65
70
82
75
72
98
99
6
73
1
3
U
6
7
8
6
It
11
9
10
7
8
Spanleh
78
113
12
8
12
15
16
9
3
6
7
5
11
8
7
Swediih
tll4
37*
33
39
38
2>t
37
28
25
33
28
3*
a»t
37
32
75
130
13
5
I
11
11
19
13
19
9
23
lit
689
63
56
9
46
8
555
56
*7
ft
51
65
60
57
62
70
9*
Norwegian
Panamanian.
.
.
Portugueee.
.
.
Tugoelarlan.
Other flagi.
.
.
.
8
10
3
78r
79
72
Vat regie tared tonnage (la thouaande of tana)
Flecal wear
19l|0
19*0
19*1
Aug.
Sapt
19*1
Not.
re:.
Mar.
Apr.
*»y
JSlT
Grand total.
67,136
6o,255r
6.331
5. >t05
5,*32
5,oito
3.8*0
3.839
3.636
3.981
*,605
5.729
6,069r
6.708
6,701
Claarad to Canadian
Oraat Lakaa porta.
13.632
lll,lt02r
2,098
1,662
1.605
l.*38
259
139
212
27*
815
1.760
2.01ltr
2,*31
2,*72
*.233
3.7*3
3.827
3.602
3.581
3.700
3.*2*
3.707
3.790
3.969
*,055r
*.276
*,229
1,20*
1.2**
1,186
1.317
l.*39
1,386
1.636
1.607r
1.52*
1,681
2,ll»t«r
Cleared to coaatal
and OTaraaaa porta.
53.50U
*5.853r
American veaeela...
16,033
l6.802r
1.531
1.303
l,it03
foreign Taaaala....
1
29, 05 lr
.
2.702
2,**0
2,l*2>t
2.398
2.337
2.51*
2.107
2,268
2,*0*
2.333
2,752
2,5*8
Belgian
*6l
265
30
2*
52
15
7
18
16
23
13
15
1*
15
12
Brazilian
181
306
16
22
23
16
3*
20
28
38
23
3*
35
18
15
1,121
870
790
792
7*3
896
661
662
862
7*2
969r
1.119
1,19*
•
12
160
88
121
125
96
98
135
1*2
31
*2
31
29
37
24
6
8
17
27
2*
6
7
8
Brltleh
37. »71
11,701
10,129r
Danleh
1,092
16
Dutch
2.715
l.*35
126
1*0
152
107
rinnieh
21*
350
28
15
28
38
93
26
Trench.
1.16U
137
2
2
2*
2
10
Oeraan
Oraak
Honduras
•
17
571
992
731
99
12lt
75
70
71
57
5*
36
26
18
17
2*
It
1.035
1,2ft
102
100
111
97
95
107
98
ill
110
129
106
10*
96
Italian
1,858
3
Japaneaa
3.799
3,ft2
330
302
335
385
277
259
268
266
268
3*0
276
2*6
*o
Norwegian
6.912
*.7*3
U07
373
3*7
373
*21
399
*17
*17
*10
377
375
*08
382
P awi«w< »w
2.350
3.073
201
236
2U6
288
297
285
228
268
279
262
250
362
322
Portugueee
11
200
•t
13
11
7
2*
22
18
11
28
25
33
20
21
Spanleh
2Wt
383
38
25
38
50
*7
32
9
22
23
19
38
31
25
Svedlah
1,228
1,098
82
123
105
52
109
90
76
107
75
81
105
92
TugoalaTlan
216
296
3t
11
2*
22
16
2*
26
39
30
95
Hi
16
*5
25
Other flag*
725
980
81
60
ft
86
67
9*
62
87
83
97
110
105
162
Reports from Collector* of Customs.
Lees tb&n 500 tons.
Bar 1 sod.
86
Vessels Cleared from the United States, Direct for Foreign Ports,
Classified by Port fron which Cleared
87
Treasury Department Criminal Cases In the United States District Courtsi/
Treas.
HJ
U.S. Treasury Dept.
10
.A2
1941
Treasury Bulletin
c.2
US- TREASURY LIBRARY
@FedFRASER