Full text of Treasury Bulletin : September 1945
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JUN
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1 1972
TREASURY DEPARTMENT
;
COPY
No. oj
^EUILILETniN
SEPTEMBER -1345
XlBlmHY
UNITED STRTES TREflSURV DEPRRTMENT
THE SECRETBRV
OFFICE DF
Treasury Bulletin
Cumulative Table of Contents
Itfu* anA
pa^
manbor
liVk
19115
8«pt.
tag.
Jalf
ttma
Ifagr
tgr.
Mar.
Tab.
Jan.
Sao.
Hot.
Oot.
Artiolee
Statlitlca of Income;
lax&bla oozporatloB Income and ezcese proflta tax raturna for
(advance tatralatlon)
l^J
A-1-
Taxable Individual and fiduciary Income tax retumi, with nat Ijicoaa
of $;,000 end over, for I9U3 (adTanoe tabulation)
Individual and taxable fiduciary return! for 19^2 (ooq^lata report).
Federal land bank bonde
War loanii
Tth Var Loan, Ka7-J\ue IjUji
Salee by leeuei, by Inveetor olaiioe. and ty Statee.
ixl-
OoEQiarleon of f eaturee of eaourltlea offered
i-3
Hedamptlon valuat and InTeetment ylelda of Uhltad Statee eaTliifi
bonde and Treaeury eavln^e notee
Outline of plana
6th Var loan, itoveobar-Secaiibar 19lt4i
Salee by liiuee, by Inveetor olaaiea, and by Statae.
Salee pattoma for Loan
i-7-
Outline of plana end ooiparleon of faatwaa of laettrltlai aff«ad.
t^9
Beourlty purohaeea outalda war loaaa by oonBivoial hadta and
InTeetmat aooountai
7th Var loan
oth Var Loan
rinanelal operatlona of the
Traamrx
hjr
%ltad Statae OoTanment, f Ileal year
19U$. ...
4-38
1-3-
Xnvailen ourrenoy
^•7
Jbaitti and llafcllltlee of all astlva baaki in the Dtaltad Stataii
SaoaiAar 31, 1939 tlirov«h Oaee^ar 31, 19M
Daoaalbar 31, 1939 ttarouCh June 3O1 l^Vk
i-10--
,
i-5-
lank depoilti, gaogrivhlo dittrlbutlon on Dasidbar 31, 19m>>tU,
Maturity of Adjuited
iana»
bond! on J\u( IJi 1945,..,.
United Statei iavinci bondti
Maturity of Sarlao A bosdi
.
, ,
bnke and additional fiuaelal tnitltutlosa,,
%ited Statai, Ouada, and United IHncdn
ladenptioB through
Ibniia
tani
is tha
iff'
,
Var flnaaoa pollolee (Three epetehai by the laorotiiy «f tht Traaray),
A.$
Trsaswy
nflfkat f InflBOlBfl
, , , ,
,
, ,
, , ,
, , , ,
,
,
,
, ,
MM
^9
1.C
, ,
luBnary af fleoBl etatletlo e
Sudgetary reoeipta and a^iaditvret
,...•
t\i^iie debt M,i guarssteel o^lieatloni
MasBB of
KB8BlBtii ana
fUaMise e&A
eutttutjig,
r«fidrcB«Bti,,,,
,
gwgnattwti ana aBBr9 BFUtl§ni
oBiarr if wain aUiilflMtUii,.
tel^riil »i
tea}:yils »t
0uni
ti'QBt
w»
i
uUvltlsai
,
,
1.!.,. II. •I....
,
. •
>,•
i
> . . , , • • , ,
1
, <
i,
, < •
ii) nytlHte tmtt att {si traiMNra ta
ssaawvSi at@i iiiii<tiiiitiii,iii,<ittiii,t,iiittttiiiiiiiiiit
!atai tvlgatHv raealfti
fruat s«aa«t8i ata, naaipta
Ha»s
1.
n . ...,i
ei^tstitwtai
tetiMta »t ^Mtttwaa fai
tBAfeit at eaniitwaa far
,<.<<iii.>i.
,t,,,
nSl^tl ftM UtWRti f«T»BM.>,,t
Mi Mfimlitwaai V mt^ai far Mtaat ya»a
mi a9«Aitt\»aeiiitiiiiiiii>iMiii>iiiti,ii
I
MM M
U
al lisaBtiif aaa^ ra4«i!'e«(Atti,i,,..,ii>i,iiiiii<i.<iiiii,iiiiiiii<
8aa(id aamHtjF pNgfaai
ivigtiof raaa^ta sad a^cBUtwaai
eolal laoorKy Aat
,,
Xailroad Hat Irenant Aot,>i
lallread OheavlcynaBt iniuranaa Aet
il
a
u
II
II
II
It
la
11
13
le
\l
\l
\l
II
11
13
11
Ik
in
Ik
Ik
Ik
lU
lU
Ik
Ik
Ik
Ik
Ik
lU
lU
Ik
Ik
Ik
Ik
i^afi
ivi£
IJ-IS
17
17
17
17
17
17
17
17
17
17
17
n
17
17
17
17
17
17
17
17
17
17
,,.....i,,.... ,..•••
,,,,•>,,,.>
,,,,
ttateaaat of truat aseoiatit
federal Old-iee and (urrlTora Inauraaaa
lailroad Satlreaant Aaoouat
Uhvployaant Truit Tund
M
u
,
Inat Toad
,
>
Ik
lU
irproprlatioBi and net oontraat authoriiatioaa for tha war lOtlTltiaa pie-
Oaah laeona and outce of tha Treaeuryi
Analyeli by major olaealfloatlone
lotal oaah Income end outfo by Dontha and oaleadar yaara bacinniag
with January 19>I0.
,
(SontiBoad on follewtnc pa(a)
1^>16 19-16
l^a6
1^.16 19-16
1S16 19-16
—
!
September 1945
Cumulative Table of Contents
(Continued)
-
and page number
191*5
Sept.
Aug,
July
Jtine
Hay
Oeneral Fund of the Treasury
AssetSt llabllltlee. and balance in General Tvnd.
Analyele of changes in balance of General Fund...
Public debt and guaranteed obllRatlona of United Statea Qovernment
Public debt and guaranteed obllgatlono:
Detailed statement
riBoal yoara, 1936-19U5
Monthly data
Chart
23-21* 23-2U 23-2U 23-21* 23-21* 23-21* 23-21* 23-2I* 23-21*
2lt-25 2U-25 2lt-25 2M-25 :I*-25 2l*-25 2lt-25 2l(-25 2l*-25
25-26
26-27
26
26
26
27
27
27
26
26
26
26
26
27
27
27
J
I
Public debt:
Issuance and retirement (receipts end expendlturee)
Intereat-bearlng debt, composition of
Quaranteed obligations held by Treasury
Statutory limitation on the public debt - condition, as of:
September 30, 19IA
December 31, 19IA
March 3I 191»5
June 30, 191*5
July 31, 19115
,
2g
Computed interest charge and computed interest rate
27
Maturity echedxile of interest-bearing public marketable securities Issued
or guaranteed by the United States
Offerings of marketable iseuee of Treasury bonds, notes, en& certificates
of indebtedness
3X
32
31
31
IdspoBltion of matured [narketable issues of Treaeury bonds, notes, and
certificates of indebtedness
35
33
3S
32
36-37
3M5
33-3U 33-3'*
36-37
3^36
38
37
01 f erlngs and inaturities of Treasury bills
United States saTinge bonds:
Summary of sales and redemptions, by aeries
Sales by series, clasaified by denominations
Sales to investors other than commercial banks by series, classified
by Statea
Maturities and redemptions of Series A-D and E combined, by States.
Payroll savings plans
Treasury notes - taa and savings series;
Summary of sales and reden^tions, by series
Sales, classified by:
Denomination
Type of purchaser
27
31-33 29-31 28-30 28-30 29-31
1*1-1*2 39-I10
33
32
31
32
31
31
32
31
32
33
32
32
33
32
3>3'« 3>3't 3'<-35 33-3U 33-3U 3'*-35 33-3'*
35-36 36-37 35-36 35-36 36-37 35-36 35-36 36-37 35-36
38
38
38
37
37
37
37
37
37
39-1*0
1*1
'"-It
1*1
1*2
Ul
1*2
i*i*-l*5 1*2-1*3
27
28-30 29-31 28-30 28-30 29-31 28-30
^S 39-tou?
39-Uo 38-39
Ul
Ul
'ui
1*1
u6
U2-U3
1*2-1*3
United States savings stands:
Summary of sales and reder^iptions
Sales, classified by denomination
Ownership of United States Oovernment Beourlties
Summary distribution, by holders
Estimated ownership by various classes of bank and non-bank inveetore
Market transactions in Government securities for Treasury investment
accounts, monthly beginning January 1937
Treasury Survey of Ownership of United States Government securities (Federal
land bank bonds included coDmenclng January 31, 19)^5)
Ownership by banks and insurance companies:
July 31, 19IA
August 31, 19W*
September 30, lOUh:
Revisions
Original data
October 31 iglA
November 30, igWt
December 31, 19^\
January 31, iglw
February 2B, ighj
March 31, igU?
April 30 I9U5
May 31, 19'»5
June 30 1945
U7-50
U8-51
53
U7-50
,
U9-52
U8-51
U8-52
U9-53
Us-52
,
U9-53
,
Ownership by
commercial
December
June 30,
various classes of Federal Reserve meciber and nonmember
banks:
3I, I9IA
191*5
56-60
(Continued on following
p^e)
Treasury Bulletin
Cumulative Table of Contents
-
(ContlnuedJ
September 1945
A-l
Taxable C!orporation Income and Excess Profits
Tax Returns: Advance Tabulation for 1943.
tabulations
Advance
excess
and
profits
corporation Income
of
tax
returns
for
19't'3
and 1943, as reported on taxable returns received through December 31 of the following year.
194-2
have
recently been prepared by the Bureau of Internal
These tabulations contain data compiled
Excess profits tax returns
Revenue.
from corporation Incone
and excess profits tax
through
A
returns (Form 1120)
returns (Form 1121) re-
tax
of 6S,066 taxable
1943
excess
returns (Form 1121) were received
December 31, 1944,
an Increase of 2711,
over the number received for 1942 through the end
of December 1943.
Of these, 44,351 used the In-
December
31, 19'*'*- 1/ Analysis
returns will be published at
some future date In "Statistics of Income, Part 2,
ceived
of complete
for
19'*-3
Th*
19'^-3"-
data
contained
In
the
total
profits
through
advance
tax
vested capital method of computing the excess
profits credit, and the remaining 23,715 used the
average earnings method.
tabulations are summarized In this article.
Income tax returns
The
number
of
taxable 19*^3
returns, Form
The 1943 returns showed excess proflta net
Income of |22.1 billion, an Increase of 31«t over
that reported on 1942 returns for a similar
December 31, ISkk was
261,56s as compared with 2l*-6,710 returns for 194-2
Total
received In a similar period of time. 2/
1120,
net
received
Income
through
reported
on
the
19'<-3
returns
period.
The excess profits tax for 1943 totaled
I12.3 billion before credit for debt retirement
and post-war refund, as compared with $8-5 billion for 1942.
The table at the bottom of this
was
$27.7 billion, an Increase of 2G5t over that reNormal tax net Income amounted
ported for 19''-2The
to 111.5 billion, the same as In 19U-2. 2/
1914-3 Income tax was $^A billion.
l9'^2
(advance
tabulation)
Number of taxable returns
246,710
page shows the number of returns and the amounts
of the principal
Items for 1942 and 1943, by
method of computing the excess proflta credit.
1943
(advance
tabulation)
There rere 8,756 returns for 1943 reporting
an unused excess profits credit carry-over; this
261,56s
carry-over totaled I50O million.
Corporations
which wore subject to the tax limitation of SO^
jf
surtax net Income numbered 7,670, or 11^ of
(In billions
of dollars)
Net Income
Normal tax net Income.
Normal and surtax
23.1
11.5
4.2
27.7
all returns.
'1:1
Coverage of statistics
The
number of
Data Included In these reports are tabulated
from the taxable corporation Income and declared-
above presents a summary of the
net Income,
and taxes, for
returns,
table
Number of taxable returns.
1942
(advance tabulation)
1943
(advance tabulation)
Invested
capital
method
Invested
capital
method
Inoome
method
'^,351
23.715
10.1
12.0
I:?
4.1
7.7
6.6
53,592
31 591
,
Income
method
22,001
6S,066
(In billions of dollars)
Excess profits net income
Excess profits credit
Adjusted excess profits net Income
Excess profits tax before certain credits..
Credit for debt retirement
Net post-war refund
Excess profits tax, net
The Income tax form 1120 le also used for the purpose
of reporting the declared value excess profits tax.
This tax ahoold not he confused vlth the excess
profits tax. The declared value excess profits tax is
a concomitant of the e^ltal stock tax, enacted in
Its yield is relatively low, amounting to $l45
1933.
million for the 1943 returns covered here.
Of the 1943 retnras, 66,960 showed income subject to
This differs slightly from
the excess profits tax.
the number of excess profits tax returns reported,
since the excess profits tax returns (Form 1121) and
16.9
5.8
10.4
S.5
.2
6.7
10.2
'+•3
6.0
5.0
3-5
.1
5
.2
7.8
3-2
•
.1
22.1
6.g
14.4
12.3
•
3
.9
4:i
11.0
'I
.4
5-1
.1
•
5
3-9
the corresponding income tax returns (Tom 1120) are
not necessarily received in the Buresu at the same
time.
Het lacome as used throu^out this axticle is net incone for declared value excess profits tax; that is,
gross income less deductions. Adjustment of this figure for partially tax-exeopt interest, the dividends
received credit, the declared value excess profits
tax, and income subject to excess profits tax, gives
normal tax net incone.
Treasury Bulletin
value excess profits tax returns, Form 1120, and
Its two variants, Form 1120L for life Insurance
companies and Form 1120M for mutual Insurance
companies, and from taxable corporation excess
nroflts tax returns. Form 1121, listed for as-
collectors and received in the
sessment by the
Bureau of Internal Revenue through December 31.
Returns are taken as filed by the tax19^4.
payers, prior to revisions which may be made as a
result of audit by the Bureau, and prior to any
changes which may
war contracts after
tabulations contain
the major part of
191*3; these Include
1914-3,
19l(-3
result
from renegotiation
the returns
were
filed.
part of the accounting period falling In 19W-,
however, compute their tax under both the 19I+3
and the 19I44 tax law, pro-rated according to the
part of the accounting period falling In each
calendar year.
The following changes were made
for 191*-^:
(1)
cordingly extended to corporations with
excess profits net Income up to $10,000.
of
The
data from returns for which
the accounting period was In
(2)
In
through June 19'44, and part years with the
of the accounting period falling In
191^3.
Comparability with previous years
For corporations filing returns for the calendar year 19'l-3 or for fiscal or part years end-
ing In 19'*-3, there was no change In the Income or
Corporations filexcess profits tax provisions.
ing on the basis of fiscal or part years with
rate
of
from
excess nroflts tax was In90
to
95^ of adjusted ex-
cess profits net Income.
the period July
greater part
The
creased
returns for the calendar year
for fiscal years ending
The excess profits tax specific exemption
was Increased from I5,000 to Jl0,000, and
exemption from filing a return was ac-
(3)
The excess profits credit based on Invested capital was reduced as follows;
Invested capital
.
.
.
.
September 1945
A-3
Table 1.- Taxable Corporation Income Tax Returns (Form 1120)
Advance Tabulation for 1943
Net Income for
declared
value
excesB
profits
Total assets claesee
(In thousands of dollars)
Dividends
received
credit
subject
Normal tax
net income 2/
to excess
profits
tax
tax 1/
All taxable returns
(In millions of dollars)
Under 50
50 under 100.
100 under 250.
250 under 500
500 under 1,000. ..
1,000 under 5,000.
5,000 under 10,000...
10,000 under 50,000..
50,000 under 100,000.
102,150
40,622
42,676
J 42
21,1)48
14,614
17.301
1,063
1.525
4,289
14
26
114
548
799
2,694
2,296
342
2,137
5,028
2,145
60
162
1.273
2.973
1,169
46
119
391
392
921
420
17,005
8,712
1,113
261,568
27,667
483
48
287
265
506
74
7°
143
i.i^
155
219
597
773
304
1.772
788
III
4,082
374
1.653
135
11,468
't.356
Taxable returns with Income subject to excess profits tax
(In millions of dollars)
Under 50
50 under 100.
100 under 250.
10,336
11.731
16,989
119
24o
670
46
119
391
70
117
270
250 under 500
500 under 1.000. ..
1,000 under 5,000.
10,142
6,834
7.274
847
1,203
548
799
,488
288
388
998
1^^
397
1.132
971
1.6I9
4,169
1,881
16
42
1.273
2.973
1.169
515
205
l,l4o
'^55
602
239
185
1.197
6,664
278
2,811
743
31
247
66,960
21,916
1^35
7.446
5.000 under 10,000...
10,000 under 50,000..
50,000 under 100,000.
169
3.5't-o
31
2,894
Taxable returns with no income subject to excess profits tax
(In millions of dollars)
Under 50
50 under 100.
100 under 250.
250 under 500
500 under 1,000.
1,000 under 5,000.
.
5,000 under 10,000...
10,000 under 50,000..
50,000 under 100,000.
91,814
28,691
25,687
223
152
251
216
148
236
11,306
7,780
10,027
216
321
749
195
208
546
200
1,562
1.325
318
838
264
120
50
258
632
166
99
238
75
235
15,808
2,048
205
369
17
1,271
127
524
35
194,608
5.751
173
Leee than $500,000.
Net income for declared value excess profits tax is net
income inorsased by the declared value exoess profits tax
and reduced by certain partially tax-exempt interest.
Normal tax net income is net income reduced by the divi-
4,022
61
72
18
1,462
dends received credit, partially tax-exempt interest, and
taxable excess profits.
This tax should not be confused vlth the excess profits
The declared value excess profits tax is a concomitax.
tant of the capital stock tax enacted in 1933>
Treasury Bulletin
A-k
Table 2.- Taxable Corporation Excess Profits Tax Returns (Form 1121)
Advance Tabulation for 1943
Normal
Excess
tax net
Income
profits
(before
net
certain
Income 2/
credits) 1/
(In thousands of dollars)
Excess
profits
credit 1/
Excess
profits
tax
(before
certain
credits
Adjusted
excess
profits
net
Income k/
-
Credit
for debt
retirement
^
(In millions of dollars)
8,911
280
2l4
181
280
216
182
4,014.0
166
166
3.039
2,379
129
128
114
109
Under 5
under 10.
10 under 1^.
18,lt-50
15 under 20.
20 under 25.
25 under 30.
131
95
75
11*7
121
30 under 3535 under 40.
M-0 under 45.
1,652
1,365
123
113
110
45 under 50. .
50 under 100.
100 under 250.
1,271
6.757
6,lS5
106
622
106
1,51+7
36
283
5O8
60
480
975
14
114
.558
211
,52
415
839
250 under 500
500 under 1,000.
1,000 under 2,000.
2,802
1.669
930
1,519
1,720
I.9O8
1,501
1,702
1.901
504
572
981
1,165
1.297
201
197
235
.099
2,000 under 3,000.
000 under '(,000.
000 under 5,000.
318
179
95
l,l46
999
656
,128
,004
642
772
622
424
l4l
l40
83
360
5,000 under 10,000..
10,000 under 15,000.
15,000 under 20,000.
226
94
2,265
1,790
2,264
1,785
666
571*
1,566
1,143
260
240
27
621
632
155
1*53
65
961
389
7tl
5,058
259
1*53
1*.917
1,301
3.1*55
120
538
370
2,955
1.91*5
.
20,000 under 25,000.
25,000 and over
68,066
22,375
81
351
33"*
215
6,836
(In millions of dollars)
15 under 20
20 under 25
25 under 30
30 under 35
35 under 40
40 under 45
45 under 50
50 under 100
100 under 250
250 under 50O
500 under 1,000
1,000 under 2,000...
2,000 under 3,000. .,
3,000 under 4,000...
4,000 under 5,000...
5,000 under 10,000.
10,000 under 15,000.
15,000 under 20,000,
20,000 under 25,000
25.000 and over....
Total
14,070
6,482
3,626
656
529
.329
31*5
Invested Capital Method
Under 5
5 under 10
10 under I5
83?
984
.
.
.
.
September 1945
A-5
Table 2.- Taxable Corporation Excess Profits Tax Returns (Form 1121)
Advance Tabulation for 1943 - (Continued)
Normal
tax net
Income
(before
(In thousandB of dollars)
certain
credits ) 1/
Excess
oroflts
net
.ncone £/
Income Method
-
Excess
profits
credit 2/
Excess
profits
tax
(before
certain
credits)
Adjusted
excess
profits
net
Income
^
Credit
debt
tlre-
fo
•
nt
V
Net
post-war
refund 6/
Aggregate
(In millions of dollars)
Under 5
5 under 10.
10 under I5.
'+,3S0
2,429
15 under 20.
20 under 2$.
25 under 30.
1,076
917
30 under 3535 under 40.
4o under ^^.
IP
665
1*5 under 50.
50 under 100.
100 under 250.
.
52
53
492
2,942
2.S52
48
47
400
812
392
800
.307
23
209
467
128
825
937
1,095
8l4
922
1,086
302
298
361
493
607
716
126
116
145
424
516
612
714
634
ko6
628
395
kk9
397
221
101
87
66
?85
339
191
52
1.457
1.039
258
1,450
1,026
256
161
154
822
546
174
212
2.734
730
154
1.935
23.715
12.163
4,089
7.682
250 under 500
500 under 1,000.
000 under 2,000.
.
!,C00 under ^,000.
;,000 under 4,000.
t,000 under 5,000.
5,000 under 10,000..
10,000 under 15,000.
15,000 under 20,000.
isk-
114
50
l4o
20,000 unde
25,000 and
*
1/
2/
i'
55
563
Lees than $500,000.
Normal tax net Income as here reported. In contrast with
Table 1, Includes taxable excess profits and dividends
received from domestic corporations.
Excess profits net income is normal tax net Income (as
used In this table) after certain adjustments, consisting
principally of the exclusion of long-term capital gains
and losses, and dividends received from domestic corporations,
The excess profits credit Is computed by one of the following methods:
(a) Income method;
95;4 of average base period
net income plus S/S of net capital addition
or minus 6% of net capital reduction.
Average base period net income may be determined either on the general average basis
or on the basis recognizing increased earnings In the last half of the base period
(the "growth formula").
Generally, the baee
period begins with taxable years beginning
In 1936 and ends with taxable years begin-
163
476
3S6
54
55
4/
5/
6/
64o
202
65
l-(0
1,656
1.605
6.57
130
523
ning in 1939.
(b) Invested capital method;
&% of the first 15
million of invested capital, plus 7/^ of the
next 85 million, plus (>% of the next $190 million, plus 5^ on the excess over $200 million.
The amount shown here does not Include unused excess profits credits of previous years.
Adjusted excess profits net income (taxable excess profits)
Is the amount of excess profits net income In excess of the
sum of the specific exemr-tion, excess oroflts credit, and
unused excess profits carry-over.
The credit for debt retirement Is, at the election of the
taxpayer, credited against the excess profits tax.
This
credit is the lesser of (1) 10^ of the excess profits tax,
or (2) 4o^ of net debt reduction for the year.
The post-war refund is equal to 10^ of the excess profits
tax reduced by the credit for debt retirement (footnote 5)This refund is represented by non-interest-bearlng, nonnegotiable bonds redeemable at the option of the holder
commencing January 1, 1946.
Treasury Bulletin
A-
Treasury Market Financing
On July 23, 19'^5, the Treasury announced the
offering of new 1-year 7/8% certlfloatee of indebtedness, to mature August 1, 19*^6, In exchange
for certificates due August 1, 19''-5. which were
outstanding In the amount of |2,511 million. The
new certificates
of
$1,000,
$1,000,000.
August
1,
were
$5,000,
Interest
offered In
The subscription books were open July 23-25,
Inclusive, except that for subscriptions from the
holders of $100,000 or less of the maturing certificates the books remained open through July 28.
denominations
and
$100,000,
$10,000,
Is payable February 1 and
of
Exchanges amounted to $2,U-70 million, or 98%
maturing issue, leaving only $'4-l million
the
to be paid off in cash.
19'»-6.
New Federal Land Bank Bonds
On July 11, 19'<-5, the Governor of the Farm
Credit Administration announced an offering (for
cash) by the Federal land banks of $176 million
of 1-1/2% consolidated Federal farm loan bonds,
They will mature Octodated August 1, 19'»-5ber 1, 1950, and will be redeemable on October 1,
19l;S,
or on any interest date thereafter.
Inter-
est
will
be
payable on April
1,
19'*-6
and semi-
October 1 and April 1.
which was announced on
The offering price,
The
July 17, was 100-5/8 and accrued interest.
bonds were available in denominations of $100,
annually
$500.
thereafter
$1,000,
on
$5,000,
and
$10,000.
September 1945
SUMMARY
OF
FISCAL
STATISTICS
Treasury Bulletin
Budgetary Receipts and Expenditures
(Is nlllloni of dollarB)
Tirtt month,
fltoal 7sart
igW
Compltt* fiscal yeari, 19U3 to ISUg
to 19U6
Zatlmated
1/
igiA
19U5
191*5
19>t6
19U«
19113
19I14
191*5
191)6
Chas^
Actual
19l»5 to
••tlaatod
191*6 1/
B«cetptt:
Internal
Income and prof ite t&xee 2/
1.255
U8
AoploTment taxes
Miscellaneous Internal reTemie
^.
512
1,21*7
1.71*3
1*96
16,091*
3l».655
-6.332
66
+10
1,1*92
1.739
35.173
1.780
2S,8l*l
56
36
5.291
6.91*9
1.993
7.028
213
718
l*.553
321*
1*31
355
392
3.292
3.tg3
6«l
Oustoms
33
Other receipts kj
_^S_
Total receipts
_195_
Sii.
•51*2
2.75"*
79
2.298
•0,553
1*5.1*08
iaouttts transferred to federal Old-A^e
and 3urTlTors Insurance Trust ftmd
zpendltures:
^.
1,5^6
263
2.163
2.695
3,928
1*,270
31*2
U2,265
1*9,21*2
50.337
39.000
-11.337
2,591
682
2,261
-330
20.888
26,538
30,01*7
23.700
-6.3l»7
793
111
8.955
11.259
9.61*5
7.300
-a.y^5
90,029
70,000
-20,029
-7.lt50
1*6,1*57
6/
Var actiTitlss:
War Department
3,808
Kavy Department
Miscellaneous war actlTitle
1.898
Total war activltie
6,1*32
Teterans
'
Admini stration Jj
PuiUc works
Md
726
8/
to agrlculturs 2/
1
7.32I*
72,109
106
208
602
730
2.060
j.ooe
9U2
33
33
31
51*3
1*33
323
1*31
+108
70
62
10
1.163
909
762
701
-61
258
237
735
803
8I5
8U1
26
Social securl t^ profraa 10/
-22
Work I^ojects idmlnl stration
11/
11/
299
11/
11/
OlTlliaa Conserratlon Corps
11/
11/
18
11/
11/
Xxoess profits tax rsfand
Other
^nds
vy
Interest on the pahlic deht
International finance
Total expenditures 6/
*
1/
2/
^
U/
^
1*1*
37
-7
131*
89I*
275
-619
2l*0
319
553
835
901
1,070
1,906
3.172
1.266
68
86
156
70
1,808
2,609
3.617
l*,600
983
2,266
2,266
*
1^
Net budgetary deficit 6/.
Source:
12/.
111*7
5.105
5.91*7
Leas than $300,000.
Based upon Bud^t ettlaates aa reTlead August 1, I943.
Classifications herein are based upon data susceptible of segregation according to Dally Treasury Statements and will not necessarily agree
vlth classifications In Budget docuoent.
Includes unjust enrichment tax and taxes withheld "by employers
under both the Eevenue Act of 19M^2 and the Current Tax Payment let
of 19^3*
Ibr details see followlog chapter on Becelpts and Ixpendlturee and Appropriations, Table 2.
Includes chiefly alcoholic beverage taxes, tobacco taxes, manufacturers* and retailers' excise taxes, end estate taxes.
Includes deposits resulting from the renegotiation of war contracts.
Information on the amount of such deposits Is not aTallable on the
basis of Dally Treasury Statements. On the basis of corerlng warrants, such deposits were aa follows:
fiscal year 19U3, $356 mllUon; fiscal year igWt, $2,235 million, of which $113 allllon
represented a voluntary return of excess profits; fiscal year I9U3,
$2,0Ul million, of which $8lU mlllloa represents a TOluntary return
of excess profits. The revised IHidget estimate for fiscal year
19^6 Is $862 million.
Tor explanation, see tablea In next chapter on Social security program.
6/
y
-85
5.862
Ictxtal receipts and expenditure* eoae froa Dal 17 Treasoxy Stat*ownts; aource of eettaated figures !• •zplalned In footnote 1.
excludes expenditures for public debt retirements which are chargeable to the sinking fund. etc. under special provisions of law.
Includes expenditures classified aa transfers to trust accounts,
etc., for the Ad,^tsted Service Certificate Tund and the Batlonal
Servleft Life Innranac road.
Also Includes es^endltures for
8/
^
Ifl/
11/
12/
13/
Ijf/
7W
100,1*05
85,288
-15.117
1*9.595
53.91*8
1*6,281
-7,667
93.
55.897
hospital and doslelUary faeHltlee.
Includes Public works tranaaetlons classified as fievolvlttg Pkinds
(net).
Includes Aid to agriculture transactions classified as fiavolvlng
Ihnds (net); expenditures of the Department of Agriculture classified as Departmental In the Dally Treasury Statement; and Office of
Distribution transactions classified ae transfers to trust accounts.
etc.
Includes expenditures classified aa transfers to trust accounts,
etc. for the Sallroad Betlrenent Account and the Ballroad Unemployment Insurance Administration ftind.
Zxcludes expenditures made by
Office for faergency Management. Var Manpower Commission (U. S. Imployment Service) under authority of the Social Security Act.
Beginning July 1, 19U5 "Vork Projects Administration" and "ClvlUan
Conservation Corps" stated under "Other".
Represents transfers to public debt accounts for excess profits tax
refund bonds.
Includes departmental expenditures not otherwise classified and expenditures classified as transfers to trust accounts, etc., for
Oovernment employee retirement and Insurance funds.
Comprises $950 million for payments to International Monetary ^nd;
$317 million for payments for capital stock of International Bank
for Beconstruetlon and Itovelo^ent, and $999 million for payments
for capital stock of Xxport-Import Bank.
The first amount excludes
$1,800 million to be paid from Xxchange Stabilisation Kind. The
third amount excludes $1 million of common stock heretofore latuad
by Ixport-Import Bank and purchased by the United States.
September 1945
Public Debt and Guaranteed Obligations Outstanding
(In mlllione of dollars)
Treasury Bulletin
AND EXPENDITURES
AND
APPRO PRI AT IONS
RECEIPTS
.
..
. .
,.
-
.
beptember 1945
Budgetary Receipts and Expenditures
Table 1.- Sunmary by Major Classifications
(In mlllloat of dollarg)
Izpendltureo 1/
Leee net
OroM r«eelptt
i^jproproatlont to
Other
reeeipte
Total
receipts
federal
Id-Age and
BurrlTora
Inturanee
Truat lUnd
Total
ezpendl
Het
receipt!
Tr an* fere
to tniet
account a,
etc.
6/
Oeneral
Itxiree
Fablle
debt
deficit
1/
ntlr*neats
5/
^
1936.
1937.
1938.
193919IW.
19IH.
116
3.513
5.^9'^
6.2lt2
't.597
It.
5.67t
5,161
5.303
7.362
12,993
5,66g
5. 925
8,269
13,668
23.385
191*3.
IW
22.
1*1,685
''3.902
igWt.
kTJko
igits-
igUU-july
August ....
September.
2.212
2,859
5.927
2.05U
2.506
216
210
359
319
3U9
392
389
32U
U31
355
1.985
2,702
5.7W9
8,666
8,177
7,239
8,707
8,99s
12,711
32.397
78.179
it,ii6
2732/
5152/
2862/
9162/11/
3,29211/
iMiUj
265
387
503
538
661
869
1,103
1,260
1.283
5,029
5.855
5.165
5.387
7.607
12.799
22,282
13I*
6,079r 10/
6.005r
5.635r
93.71*1*
6.lli9r
100,1*05
8.730r
2.163
2.568
5.926
2,001
8.110
8.119
7.930
l*58r
8,02l*
l*98r
2. alio
7.82«
iiogr
7.1*79
7,1*01
2
5.1*16
8.1*16
891r
7.503
31
l*92r
910r
Ms
3.587
3,987
6,908
3.0U2
3,815
6.U31
220
15
3.556
3.767
6.892
8.202
7.U6O
l*63r
March
9.1*33
l.ll*2r
S,2U6
April.
May...
June.
5.967
3.398
5.916
2,7U6
2.921
5.38U
ItUl
39
313
2
2,929
3.085
5.916
7,968
9,275
59Ur
g22r
9,61*1
l.l*69r
7.139
8,156
7.837
Jul/.
2.751*
2,527
195
59
2.695
8,557
.
.
5
iglij-Janaery .
February.
.
•
i
IM
Vmlly Tre&eury Statemente.
Tor rerleed
monthly flKoree commeacln^ July 191*1. see Table 3.
Leie than I5OO.OOO.
Zxclude* anoonte for public debt retlreaent which are ehargaable to
the fllaldn^ fund, etc. under epeelal proTlsloas of lav.
Tor further detalle. le* Table 2.
Tor explanation see tables vhlch follow entitled "Social Security
10/
_
8/
2/
65
58
lOU
3.611
5.103
19.598
55.897
1*9. 595
53.91*8
5.91*7
5.551
2,00U
6,023
5.587
2.999
SSlr
701*
1103
1.381*
3.51*2
U,6I*5
3.693
2.560
5, Olio
6.190
3.727
5.862
7.32'»
lion.
Includes deposits resulting from the renegotiation of var conInformation on the amount of such deposits is not sralltracts.
able on the basis of Dally Treasury Statements.
On the baala of
corering varrants, such deposits vere as follovs:
fiaoal year
1943. *558 million; fiscal year 19UU. $3,235 million, of vhlch
$113 million represented a voluntary return of excess profits, and
fiscal year I9U5. $2,0Ul million, of vhioh $Slk million represents a voluntary return of exeese profits.
11/
Profraffl"
Table 3Table *>.
Table 5.
net receipts.
Eepreaente expenditures for public debt retlraaents which ar« chargeable to the sluicing fund, etc. under special proTlslons of l«r,
Includes recoTeries of U. S. Investments In capital funds. Such reTor further details
Tor further details
Tor further details
Total expenditures
"51
57
li.SSO
3.1I*?
eoTeries totaled I3U million In the fiscal year 1940; I319 aillion in the fiscal year I3UI; $18 million in the fiscal year
I9U2; and $10 Billion
in the fiscal year 19I43.
Beeeipts from redactions in capital stock and paid-in surplus
aralla'ble to be reissued under existing law are iooluded as negative items under expenditures.
Such redactions totaled $3^5 ^^'
fiarleed to Include expenditures for reTOlTia£ funds.
y.
^\
5?6
1.6U6
7.201
7.571
6.998
1,880
2,300
U.9U5
October.
VoTember
December.
6og
225
187
232
331
1.029
1.206
1.657
6.301
26.011
72.109
87.039
90,029
1*6.1*57
291
153
1U5
178
5.9«5r
7,313r
7,109r
1,820
900
929
6,61*lr
•4,11*9
l»9
19?
5,9Wr
I
I
Table 2.- Analysis of Receipts from Internal Revenue
1/
(In millions of dollars)
and profits taxes
Withheld by
eiqiloyers (Current
Tax Payment
Act of 191+3)
Staployneat taxes
Other
?ederal Insurance
Contributions Act
(01d-a«e
Insurance)
2/
1936.
19371938.
1939.
1.1*27
1.1*27
l*.597
2.163
2.163
2,61*0
2.61*0
2.J.89
2.125
2.189
2.125
3.1*70
3.1*70
191*2.
5.67U
5.161
5.303
7.362
12.993
7.960
7.960
833
925
1,186
191*3
22.11*1*
16,091*
16,091*
1.1*98
6S5
1*3 .902
3"*.
1.739
1.780
3.513
191*0.
191*1.
•
191*1*.
191*5
655
35.173
8.393
10.289
26,262
1.985
2.702
1.21*7
591*
«5l*
1.552
1.065
l»«7
5.71*9
5.171*
71*1
11,1*32
609
1.035
7U1
3.606
1*1,
•
19l*l*-July
August
September
October.
BoTember
December
,
.
.
1945-January.
February.
March
1.880
2.300
1.21*0
U.9lt5
i*.3'*7
3.01*2
2,1*22
3.815
6.U31
2.922
5.818
1.501
i^iril
2.71*6
>l«7
2.921
2.167
2.027
June
5.381*
l*.757
619
1.295
883
600
1,282
826
July
2.527
1.71*3
669
.
Source:
rity taxes U/
Social
21*. 881*
632
1*66
253
755
71*0
56
319
61
60
293
60
irrlere' Taxing
Federal Unemployment Tax Act
(Uneoploymeat
Insurance)
Act of 1937
(Railroad
retirement)
191*
51U
530
60U
691
896
1.130
1.292
1.310
52
150
109
121
158
180
185
137
170
209
267
285
Miscellaneous
internal
revenue
2,010
2.181
2.279
2,232
2.31*5
2,967
3.8'*7
i*.553
5.291
6.91*9
6(1
'^?
SI*
2!?
5«0
507
539
I.8O3
1.627
935
1.567
IK
3UI
1*5
1*1
53i»
71*5
337
66
316
3.930
557
561
1.073
66
62
It.
573
552
520
93
Dally Treasury Statements.
Less than $500,000.
tar further details, see chapter entitled ''Internal Beveaue Statletloe".
Xxcludas receipt of victory taxes withheld pursuant to the fieTenoa
Such receipts hare been classified as 'Othsr' Ineoaa
Act of 191*2.
and profits taxes.
5
718
Ineludas unjust snrlchment tax.
for the period prior to September 1939. the data in the columns
entitled *7ederal Insurance Contrlbntlons Act' and "Federal Qneaployment Tax Act' repreeent collections undar Titles Till and XZ.
respectively, of the Social Saeurlty Aet.
Treasury Bulletin
Budgetary Receipts and Expenditures
-
(Continued)
Table 3.- Analyst e of General Expenditures!/
(In alllloui of dollara)
Tttcrana' idalniatmtion.
lBt*rt«t on jniblle dabt, and
rofuadt of taxea and tetlei
Total
gsntral
aapend-
Tetarans*
i^alnlttratlon
itiar«B
Other general eipendltnree
Intereat
on tha
ptibllo
eultore
tatlaa
r
6,6Ul r
5.985 r
3/5/
Social
eemirlty
proeran
2/6/
Public
vorka
1/
7.313 r
7.109 r
578
581
582
557
557
6,079 r
6,005 r
5.6« r
6.1119 r
8,730 r
1.751
1.906
2.U56
3.500
6,258
553
555
U55 r
383 r
538 r
25
381 r
3Z1 r
79 r
52 r
222
16|
J17r
6Ur
75
15
232
371 r
333 r
397 r
68 p
67
285
86 r
103 r
683
136 r
60 r
Maroh
U«3 r
U12 r
590 r
2£0
393 r
3% T
332 r
132 r
123 r
103 r
17 r
iprU
I167
"•7
Jnna
39'lr
700 r
330 r
3a r
258 r
86 r
85 T
51 r
5>»r
51 P
58 P
Jtdy
ingnst. ...
SaptaDber.
U13 r
513 r
5IH r
Ootobar.
BoTambar..
1)00
5,9't6
19110
191*1
191*2
19UJ
19I14
19U5
19lil-Jal]r
Avignst....
Saptanbar.
October.
.
KoTaaiber .
Dacaoiber.
19ll2-Jaauai7...
'abmaiT-.
.
I
137
73
.
Tabmary.
391 r
3»7 r
iprU
1W5 r
311a r
857 r
•fay
tmt»
866
926
5,136 r
91*1
5.751 r
933
970
853
1,229
T
r
3!t7
i.oia
5,l|21 r
I.5I10 r
392
1,U1
U,327r 11/
1,099 r
3.178 r
2.6% r
8I17 r
1,098 r
1.093 r
912 r
157
1,260
1,S)8
2,609
3.617
107
5U
89
315
262
1>I2
89
97
663
609
lis
68
311
Oetobar.
U31 r
186
296 r
733 r
55U
l|6
'I]
I197
27ll
r
237 r
21a r
313 r
2ll3 r
193 r
218 r
269 r
2U r
2I15 r
191 I
179 r
58p
39 r
50 P
110 r
UO p
135 r
1»7p
1*9 p
68 r
35 »
22 p
111 p
65 p
61 p
69r
>l3r
99r
517
5U6
work
raltef
2/
II86
386
326
290
283
51P
67 r
81 r
87 r
117 P
U2lt
Direct
and
1.759
1.895
1.I176
2,2ll2
1.573
1.37l»
SUr
70
28
353
Cozpa
163
59 r
52 r
US
.
763rlg/
atlon
5U3 r
*33 r
323 r
35
101
369
Oaeaaiber..
2,U72rl2/
335
22U
337 r
370 r
580 r
loTaber.
I
r
729 r
l,02l| r
8OI1 r
1.001 r
9U9 r
89
60
275
Aagnat....
Septinbar,
Jaly
2b2
1.707
I
'
77
19
390
r
Mardh
U,561i r
lilts
DaoflDbar.
1943-Jamiar7.
931*
7lt9
Ii,ln6 t
elaaalfiai
Civilian
Conear-
8/
I.38I
1.503
1.567
1.56U
1.687
1936
1937
1938
1939
DepartBcntal
not
otbenrlBi
^P
13 r
15
970
299
17
.
...
'
September 1945
Budgetary Receipts and Expenditures
-
(Continued)
Table 3.- Analysis of General Expend 1 tures i/ - (Continued)
(In Bllllont of dollars)
TeteraBs' Admialttratlon^
Interest oa poblle debt, and
reftindi of taxes and duties
Total
general
ezpondl-
Tot areas
Admlniet rat Ion
ItTzree
2/2/
IjWt-Junury.
7*brnaz7*
Nareh
Ifay...
Jtina.
jTlly
iii«:c«t.. ..
S6pt«s%*r.
October.
loTombar
D«Oflmb*r.
19U5-J«n™>iy-
TebmaT7<
March
iprU.
May...
JW10. .
395 T
339 r
793 r
•
1/
2/
^
kj
^
6/
agrloulture
3/5/
y
146
U7
uS?
212
166
876
117
386 r
l.Oie r
U5« r
1*92 r
910 r
237
287
775
1498 I
1W9 r
891 r
306
257
729
581 r
1(63 r
l.lUa r
59>tr
822 T
1,U69 r
7^
86
77
581
139
125
32 P
25 p
20 P
222 r
20U r
135 r
62r
33 r
29 P
29 r
29 P
31 P
28 r
20 p
27 P
30 P
95
191 P
15* r
162 r
369
322
191
91
51 P
628
100
156
23U
r
9>t7
1U2 z
I9U r
20 p
55 p
369
3U2
1.319
1,009
115
181
2lU
225
lt80Pl2/
1I19 p
156
266
a3
Laag tban $500,000.
Oanepal aspanditurai now lucluda axpandltoraa for ravolTlng funda;
back flgurat hora baan reriaad acoopdlD^y.
Inclodaa public voika ondaptakan by tha Tataraoa* Idainlatmtlon.
Doaa not lnoluda tpansfara to truat aceounte, ate. Thaea ara
horn Iji Tabla 5*
"Bafunda of taxae* Ineluda amotlnta tranaforpad to piihllc dabt acconatt to ooTar lisnanca of axoaas ppoflta tax pafond bonda and
axoluda rafimda of tazai ondap tha Social aacorlty pro^pam. Kccaas proflta tax refund bonda vera fomarly laanad to oopporatlona antltlli^ theei to a port-^rap opadlt aqTial to lO^S of tha axaaaa pnflta tax paid. Tha Tax ldj\utment iet of 191)^ padooad by
10^ tha anDTmt of axceia proflta tax to ba paid and abollahad tha
poat-vap credit. Tor aaonnta of axoaaa proflta tax rafond bonda
laaoad, aaa tha flrat tabla Is chapter entitled Fnbllo Debt and
Otiarantaed Obligations of tha United States GoTemaant".
Outstanding excess profits tax refund bonds nay be redeemed at the option
of the holder oenaenclug Jasoary 1, 1946; vhan such redaa^tlone
occur, th^ will appear as ratlreaents of public debt.
Consists of Idminlstratlon of Sufar let of 1937. l«rlcultural Adjustment i^enoy. exportation and domestic oonsDaqitlon of a^Tleultural ooaoDodltlee, Farm Credit Adainietpatlon, Term Security Administration. Federal 7arm Mortgage Corporation, Federal land baalcB,
Sural Xlectrificatlon Administration, Soil ConserTation end Zxtenalon SapTlce, Department of Agriculture departmental e^penditurea,
and other.
Includes railroad retireeient and railroad unespleyment actlvltiae
and axcliJideB s^endi tuxes made by Office for finargency Management,
Jj
8/
2/
10/
11/
12/
13/
Civilian
Coaserratlon
Corps
Direct
and
work
relief
MlBcellaaeoue
10/
2/
6
-2l*
35 p
25 r
31 r
19 P
2U P
20 P
20 I
25 P
85 p
338p12(
16
28
DE1II7 Tpeaauxy Statoisnts.
!lsTls*d.
Saa footnota 1 fop eiplanatlon.
otherwise
classified
8/
9U r
102 r
60 r
103
128
103
y
260 r
220 r
Ite r
560
525
2/6/
Public
work!
SI r
88 r
96 r
^'1
T6
Sooial
security
proerao
r
222 r
2lt2 r
21(9
550
70k
o«:
p
Other eeneral expendltoret
Eefuads
of
taxes
and
duties
17
66
12/
12/
Var Mainover Commission (U. S. Ibiployment Sarrica) under authority
of Social Security Act. For further details, see tables idllch follow on the Sooial security program.
Includes public buildings, public higbrays (including forest roada
and trails), rlTer and harbor vork and flood control, Tennessee Tal1«7 Authority. Federal Public Housing Authority (formerly IT. S.
Eooaing Authority), reclamation projects and the Public Vorks Administration. Xxcludes certain espenditures for public works In connection with war actlTitles by the Federal Works Agency, beginning
July I9UI.
Szcludes azpendittires for the U. 5. Maritime Commission, departmental expenditures under tha Social security program and the Department of Agriculture departmental expenditures.
For additional information, see •Troaaujy Bulletin" for August igltS,
page 6.
Office of Education, and
Includes expenditures for the following:
Public Eaalth Serrice of the Federal Security Agency; Post Office
Department postal deflclenciee; Federal Bousing Administration;
Treasury Department Inreetmenta in Federal eaTinge and loan associations; certain expendituree of the Panasa Canal; and capital stock
of the Federal Deposit Insurance Corporation, Home Owners' Loan Cozw
poration. Federal home loan banks, end Disaster Loan Coi^joration.
Orose expenditureB have been reduced $l60 mlllioD representing tha
repf^ment of cc^ital funds by certain United States CoTemment egenclea. For further details see "Treaaury Bulletin" for June 1943*
pege 9* footnote 12.
Includes $257 million for restoration of c^^ltal inpainient of Commodity Credit Coipomtion ^jplicable to fiscal years 1943 and igl*.
Olassifiad as miscellaneous expenditures commencing July 1, 19^5.
Treasury Bulletin
Budgetary Receipts
aiid
Expenditures
-
(Continued)
Table 4.- Analysis of Expenditures for War Activities
(In
A^tIcuIt\ire
Eep art-
mlUlona of dollars)
nnlted
National Selective
Federal Federal
Treasury States
Housing
Security WorkB
Depart- Maritime
Agency (admlnlsAgencyAgency
ment
tratlve)
y
1936.
1937.
19381939.
900
929
1.029
1,206
igw.
557
596
673
892
1.657"
19111.
6.301
26,011
72.109
87.039
90,029
iste19113.
l9Ult.
I9't5-
ISUlt-July
August.
Septenber
.
.
October.
VoTeober.
Decenber
.
1)9,21(2
50,337
30 .0^7
310
3,362
8.955
11.259
9.6U5
7,201
7.571
6,998
3.928
It. 087
3.905
2.591
2.502
2.295
682
982
798
7. '•79
7.'*01
lt.091
2,Slt8
7110
3.978
2.577
2.U39
Slt5
870
12lt
718
690
8O3
136
228
259
lOlt
2I16
.
7.503
U.igit
.
7.551
It,
Itebruary.
6.9148
3.866
8,21*6
U.68it
7.139
8,156
7.837
U,ii6
2.539
2.392
2.759
2,292
'»,530
2,72lt
lt,661(
7.32'*
U,270
2.289
2.261
19^5- January
March
April
May
June
July
.
291*
United
Bat Ion 8
Relief and
ping
BehalJlll-
Mmlfi.
tatSon
eipondlturee
Admin.
5/
99
2.313
8.580
20.888
26,538
1U,070
U2,265
War
Ship-
2l»
696
2.011
519
1.201
2.n6
2.11*3
1.1132
l,lt62
3.812
3.227
12lt
130
372
335
326
298
312
1.198
56
158
152
102
lltlt
137
9t
731
901
885
793
89
18
Source!
Dally Treasury Stateaents.
Back Tlgures: Monthly figures for the period July I9U0 throu^ April 191*3
appeared In the "Treasury Bulletin" for Ma^ 19l*3. page 7.
*
Less then $500,000.
Includes war public housing functions.
1/
Similar Itsms for periods prior to fiscal year 19111 are classified
2/
under "Other departmental" and "Other general expenditures" In
382
795
991
1.022
13^
1.105
1.922
2.0ll2
I9I1
1311
102
Its
152
183
18ll
159
103
259
277
123
195
71
70
159
Table 3.
Includes war expenditures of Commerce, Justice, Interior,
Labor, and State Departments; ClTll Service Commission; Executive
Office of the President (including Office for Smergency Management);
Panama Canal; and capital stock of Smaller War Plants Corporation.
Includes Defense Aid Special ENind through the fiscal year I9I13;
thereafter such expenditures are reflected within the respective
departments.
Table 5.- Analysis of Expenditures for Transfers to Trust Accounts, Etc.
(In millions of dollars)
QoTemnent
Veterane'
Administration
employee b'
retlrenent
funds
(U. S. share)
1/2/
19361937.
193B.
1939.
225
187
232
191*0.
191*1.
I9"t3.
135
5?«
igiiii.
19U5.
19Ui*-July
1/
y
7sderal
contribution to
District of
Columbia
(U.
S.
share)
11*6
107
331
381
191*2.
Aid to
agriculture
126
30
101
271*
1,126
318
71
-3
1*51
August.
September.
. .
.
57
October.
Hovsmber
December.
.
.
19l*5-January.
February
March
April
«V
June
Source
1/
2/
i/
.
35
.
15
236
296
335
296
335
530
105
36
Dally Treasury Statements.
Less than $500,000.
Additional transactions are shown In Table 3.
Comprises Adjusted Service Certificate Fond and the Halionnl Service Life Insurance Pund, administered by the Veterans* Administration.
Includes railroad retirement and railroad unemployment activities.
190
217
-18
Ibr further explanations see tables which follow on Social Security
program.
Bepresents transactions In commodity food stamps by Department of
Agriculture. This activity formerly came under the Office of Distribution and prior thereto under the Agricultural Marlcotlng
Administration.
)
September 1945
Budgetary Receipts and Expenditures
-
(Continued)
Table 6.- Totals by Months, Beginning with 1936
(In
Calendar
7—r
mllUona
of dollar!
Treasury Bulletin
BUDGETARY RECEIPTS AND EXPENDITURES
1940
1942
1941
1944
1943
1945
DOLLARS
Billions
Billions
Net Budgetary Receipts
—
6
X
^
A
J Monf/}
Moving Average
i
-
UUunn
JMMJSNJMMJSNJMMJSNJMMJSNJMMJSNJ
lUU
uu
illliliiTill ll
M
JMMJSNJMMJSNJMMJSNJMMJSNJMMJSNJMMJSN
Net Budgetary Deficit
Negofive figures represent Net Budgetary Surplus
l
-I
M
JMMJSNJMMJSNJMMJSNJMMJSNJMMJSNJMMJSN
l
I
I
I
I
I
1940
I
I
I
III
I
1941
I
I
I
ih
I
I
I
I
I
r
1942
Office of the Secretary of the Treasury. Division of
Research ond Stotistics
I
I
I
I
I
I
I
1943
I
I
I
I
III
I
I
1
1
I
I
I
1944
I
I
I
I
ll
I
I
1945
I
I
I
LJ -I
...
,...........
September 1945
Trust Accounts, Etc. Receipts and Expenditures
(In
funda, ate.
[nat raeelpta C*)
or aet azpandltoraa I-)]
1936.
1937.
1938.
1939-
275
255
136
-lUg
-3.506
19^3.
19m.
-i.gfii
-'•.051
19l»5.
798
19U1-J0I7
iu«u>t
Septssbar
Octo))«r...
^nd
Baeaipti
Ixpandlturaa
HoTember .
SaceBbar..
19U2-J«mi«r7...
Tebruarj.
March
iii
April
Itajr
Juia
37
*135
-171
-126
-257
-1.635
177
U6
42
736
227
-791*
-273
-135
-122
-5U9
Unamployvaat
Truat ftmd
Baeatpta
Bzpanditnraa
-39
-206
July
lagaat
September
131
-635
41
284
-410
-132
2«9
-313
July
AU01Bt
September.
133
45
70
273
-244
-293
.
54
220
30
73
203
109
40
262
34
42
264
33
35
277
32
275
264
43
267
46
64
94
IU7
44
278
103
286
101
115
124
107
51
295
37
7'*
5"*
2
14
371
14
289
116
161
-613
Tebruary
March
52
223
29
32
250
3
•June
19''5-Jannary...
62
16
230
15
15
295
193
185
October..
VoTaabar.
Oiceabar.
42
3
AfTll
May
n5
1U«
639
246
-193
-305
238
101
262
-200
9
29
200
17
686
290
-1,050
-308
83
191
33
1*3
39
271
28
75
203
29
220
64
-667
I3U
1,118
1,243
1,404
1,564
I.5O8
25
285
290
-158
1,114
1,244
1.399
1.567
1,508
42
229
41
262
84
-lU
-173
-2,205
.
47
210
19
294
751
837
957
74
192
60
274
March
.
3
36
320
893
2.102
19
294
763
838
959
176
24
35
235
Ug
•TUAA
19Wl^aimary
rabmary.
4
46
316
905
2.127
37
179
-229
.
October...
BoTanbar .
Dacaaber.
707
931
1,185
1.357
1.377
37
193
..
iprll
May
717
94o
1.190
1.363
1.407
-215
.
19U3-Jami«r7...
February.
March
267
4oi
529
5T7
44
166
-23U
July
tagatt...
September
October.
HoTember
Qsceabcr
267
402
530
580
43
157
-225
-kgk
-328
April
Inanrance
Baeaipti
*esk
19110.
Juaa
atloaal Serrlca Llfa
-85
igiti.
Mv
mllHotn of doll«r«)
Jkdsral 01d-Ac< asd
SurrlTOra Inaurance
Truat rand
tmat
Total
32
306
102
131
49
291
5
163
96
86
5*
265
5
19
19
309
36
220
23
19
223
11
39
313
107
415
-101
7
-7
^'.^
74
23
93
97
99
93
118
58
253
38
116
128
122
114
117
129
98
212
43
284
233
303
575
47
278
97
?"
475
189
(Conttmiad on fellsvlac P*<*)
35
47
309
38
31
290
97
lat
Bacalpta
12
Treasury Bulletin
Trust Accounts, Etc. Receipts and Expenditures
-
(Continued)
(In ollllonB of dollars)
Other trust accounts 1/
Net
Receipts
Increanent
on gold
Selfnlorege
on silver
MlecellaneouB funds
and accounts 2/
Transactions in checking accounts
of Government agcnclee, etc. (net)
Issuance of
obligations
^«°d^-
(net)
1936.
1937.
19381939.
1940.
*3't
+20
-1*
+2U
+35
+20
+U6
+92
+129
+620
191*1-
191^191+3.
19U4.
19U5.
-I103
+176
-99
-51
-5
+1)0
+108
2.053
«5g
323
3U9
366
2,020
838
327
325
331
i«d6
386
+11
6Bg
567
91*9
820
1.072
+2U1
+20U
+1.302
49
+16
39
1*72
1.693
+90
27
21*
331
155
-3
233
292
-86
-207
-1.302
19^1-July
Au^st ....
SeptoB^er.
October.
Not ember.
December.
.
191+2- January.
Februaiy.
March.
.
.
April
Hay
June
+9
*9
3
July
August
Septenber
+10
-3
October.
Bovember.
Deceober.
+16
.
.
+20
+10
+6
27
:i5
191*3- January.
Febniary.
March
+16
+51
-9
April
May
June
July
August
September
.
.
October.
November
December.
1 9 Ul^ January.
February
March
+2lt
+16
+22
+7
-11
.
.
J^ril
May
June
-170
-160
.51
170
July
+160
+51
+223
-223
Au^et ....
U2
-1(2
September.
+29
-29
+130
+311
+253
-130
-311
-253
October.
NovemberDecember.
.
:2I
19U5-Janviai7
February.
March. .
.
-^l
.
April
Kay
June
+10
+109
-15
+70
+g!t
51
15
-70
-51
-29
29
*53
o*:
•
1/
2/
355
OkIIj Tr.aini7 6tat.B«its.
Leal ttau $^,000.
Inclndaa OoTarniMnt Ratlrgnmt fnndi, .te.
(3m footiut. 2.)
Cesprliai Pnbllc Vorka Idainiatratlon nrolTljig fund, ipaclal
IqxialtB (nat), and, during the flacal yaara 19'lO through 19U5,
tranaactlona In oonmodit^ food ataaiia by th. Dapartaant of igrl-
y
.
,
September 1945
13
Means of Financing Cash Requirements
(In
mllUons ef doUari)
inoont rftqcdred to b« financed
S*tal
amnM
r«<ialr«d
to lM
financed
let
1]ad^tax7
dsflelt
1/
Ivt Ineraaae
In Qaneral
Keaoie
Vet
•xp«ndltar«t
In trust
aceonnts
etc,
2/
1936
1937
193«
1939
igSo
19U1
igUa
1^'..
5.103
19.598
55.897
'.'.'.
19W*-July
Ancust
53.958
5.9't7
1.756
%.5?5
19U5
7.703
5.551
5.551
z.zke
2,001)
October
SoTeaber.
Dscomber-
6.023
5.587
15.626
6,023
5.587
2.999
19U3- January..
Tebroary.
March
U.6lt5
.
.
.
Septaaber.
.
.
3.693
X.6U;
3.693
2.5'tO
2,5110
Ha7
June
5.OW)
6.190
19.850
6,190
3,727
July
5.978
5.862
^Tll
71*2
358
6.515
10,662
It, 529
5, Olio
Ittoreaae in
paUle deU
let decrease
In Oenaral
food lalaaee
let
reoelpte
In
trofit
acoeonte,
etc.
2/
8)10
622
of financing
I
Treasury Bulletin
ii;
Social Security Program
Section I.- Budgetary Receipts and Expenditures
Table 1.- Social Security Act
(In aLllloD0 of dollars)
Social Sacurlty taxaa
Paderal Inturance
Contrlliutione Act
(Old-ago Inauranca)
7«daral nhagiploTment
Tax Act
(Unai^lojfaent Inauranca)
lasa imounta credltad to
Fodoral Old-Age and
Survl7ori Inauranca
Truat Tund
y
1/
252.2
1937
193s
1939
51it.it
I'jm
631-2
712.2
783.2
1.015.6
1,288.9
1.U72.0
530.U
60U.7
690.6
895-6
1.130.5
1,292.1
i9>*5
l.'^'i.S
1.-309.9
18lt.5
5H.7
30g.o
51.8
293-3
3.8
2.9
"*9.3
n.7
290.8
19U1
i^kz
19't3
19Ult-July
Au^st
.
.
.
3ap%amb«r-
October.
Bovem^er.
58.6
278.5
.
146.5
.
'
179.9
267.3
U.O
.9
19lt^Jainur/.
Tebruary.
March
I58.lt
55-
27.'t
2i7.lt
128.2
174.5
126.9
llt6.7
185.9
212.5
211.5
.7
l.lt
lU.Z
3.1
3-2
11.2
53.6
265.5
2.1
13.0
2.8
-9
5.0
31.0
33-3
222.1
17.6
336.3
-12.8
265.0
387.0
503.0
537.7
661.3
868.9
1.103.0
1.259.5
1,283.0
57.3
90.1
100.9
107.5
97.7
119-9
6oU.>i
igito
15.3
15.5
116.6
12.0
a9.7
lA.O
328.0
6.2
315.6
Jiuta
U.6
38.8
3x3.2
2.2
iS:?
3.9
July
6U.5
61.5
59.0
5.5
i^rll
May
Itl.S
Oranta to State*
Public
Health
Serrlce
Social Security Board
Uaeoplo7ment oompeniatlon
adainlGt rat Ion
Old-age Aid to
•let- dependent
children
182.7
332.5
3*3.3
38U.2
1937
1938
1939
Ihergencjr
Manaseoant
Ksternal
and child
health
serrlces
Child
velfare
•errlce
escpendl-
turee
War
Mainover
Conmleelon
5/
igitii
527.2
52U.2
19l»5
''91.3
15.8
20.0
21.3
25.3
31.5
31.5
33.3
32.1
31.9
53-J
37.6
3U.9
50.3
38.8
28.3
1.0
6.1
1.1
lt5.lt
.7
.7
26.8
30.1
19110
igiti
Wt9.1t
19lt2
501t.ll
m?
19ltlt-Jul7
Au^at
. .
Sapteoliar
166.9
271.5
320.3
356.5
Public
health
work
Office for
Department of labor
1115.2
U69.6
U91.1
U88.0
1*51.9
8.5
10.3
10.0
9.1
7.8
1*1.9
8.9
8.0
9.1
10.8
U.lt
10.7
10.9
10.7
58.9
58-3
63.0
70.3
55.1
36.3
31*.
9
.7
3.1
3.8
?-7
2.7
3.0
u
6.5
6.2
5."
u.c
3.8
3-8
3.8
Ul.o 6/
1.8
1.5
1-5
1.6
1.6
l.U
l.lt
20.7
1-3
2.6
3.5
2.8
U.2
7.U
195.5
115.1
a5.i
209.7
322-5
357-8
3U1.3
.U
lt7.8
.7
.5
23. 1»
31.8
Octobar.
50.lt
SoTantiar.
39.8
32-9
2.8
2.8
2-7
t6.9
36.3
29.6
53.3
31.«
36.1
2.9
2-3
3.2
l»9.5
8.6
28.9
32.5
.1
2lt.l
it9.3
I15-9
U.S
llU.l
39.3
32.7
35.7
29.2
Saeamber
191*Wanuat7.
Tabruary.
March
April
Kay
Jrma
i|6.«
cei
*
1/
2/
y
2.U
113.8
rally Treaeury Statemente.
Leie than $9). 000.
Tonnerly Title Till of the Social Security Act.
Tonnerly Title IX of the Social Security Act.
Incladee amounts equal
to appropriation! to Railroad I^eaploynoat Inturance Adicinistratloo
Pund equlTalent to amounts of ta^ei collected with respect to the
period from January igjg to June 1939. incluelre. from eaployere eubJect to the Hallroad Unen^loyment Ineuranee Act (See Tahle 3 of Section I).
Prior to January 1. ig^W, figuree represent araounte transferred to
the Old-Age Reeerve Account.
Prom January 1 to July 1, 19U0 "Transfers" were made to the federal Old-Age and SurTlTore Insurance Trust
Pund.
Subsequently receipts have been deposited In the Oeneral Pund
of the Treasury and "appropriated" directly to the Federal Old-Age
and SurrlTors Inaurance Trust Pund. Anounts shown as transfers reflect deductions made for reimbursement to the Oenerel Pond account
to cover admlnlstratiTe eipenses. which are shown as expenditures In
1.9
37.8
-3
-8lt.8
2lt.6
28.8
.2
Section II. Table 1.
Includes only expenditures from e^roprlatlons made ipeclflcally for
admlnlstratiTe eiqpenseB relating to the Social Security Act; namely,
Social Security Board, Department of Comaerce, and Department of
labor; and admlnlstratiTe expenses reimbursed to the General Pond of
the Treasury under Section 201 (f) of the Social Security Act, as
amended. Beginning July 1, 19UO, Ineliides also admlnlstratiTe expenses under the Wagner-Peyser Act. Excludes admlnlstratiTe expenses payahle from other appropriations, principally for the following agencies:
Bureau of Internal ReTenue of the Treasury Department, and Public Health Serrlce and Office of Xdueatlon of the Federal Security Agency.
CoTered by appropriations by Congress.
Second Deficiency Appropriation Act, fiscal year IS^S, expropriated
$Ul million for refunding to certain States portions of Pederal soployers' tax for 193^ collected under the Social Security Act.
..
.
September 1945
15
Social Security Program
-
(Continued)
Section I.- Budgetary Receipts and Expenditures
(Continued)
-
Table 2.- Railroad Retirement Account
(In allllona of dollars)
Carriers' Taxing
iet of 1937
iilxiaiatratlTs
•xpanae*
i/
1937.
19J8.
1939.
ISHO.
19U1.
19U2.
191*.
19'»5.
iguit-jui/
Angtut ....
Septeabar.
October.
.3
1.5
150.1
109.3
121.0
136.9
170.0
202. S
267.1
285.0
l'i9.0
u
110.0
123.3
128.2
1U8.5
220.2
XXOOSB of
ezpeadltarv*
Tranafer* to
Railroad B«tirfr.
nent i£count
(trust aooooBt)
2/
1.2
-l.l
ikS.k
107.1
120.7
12U.U
2.9
2.6
3.8
7.6
5."
.7
2.3
-8.7
-21.6
l'to.9
2111.8
-1.8
26.3
262.7
308.8
2.5
203.6
-lU.l
-56.7
l.U
IU.2
56.9
Daoflaibar.
1-5
lU.U
55.2
19U5-Jaimaiy..
Tebruar7.
March
65.5
3U.0
32.7
-IU.2
-55.1
3U.5
3U.g
"t.7
iprll.
Hay...
June..
-65.3
35.7
3'..2
3
-«.3
-59.S
•
178.6
Souroa:
•
1/
Dall^ Traariry Statauanta.
L«ai than S5C.0OO.
lacludea o&ljr a^pandltorae froo appropriatioca made apociflcally for
2/
adBittlatratlTa axpaaaaa ralatlog to tha Ballroad Retlranant Act.
Corarad by approprlatlona from tha Oanaral fund of the Traaeiuy.
Table 3.- Railroad Unemployment Insurance Act
^
(In nllllona of dollara)
Xxpandlturss
Beeelpta
AdBlnittretlTe exP«nt«i (Hallroad
Ua««plo7M9nt Xn«ur-'
auoe Adalalttratloa
rund)i/
Ballroad uneaiploymant Inanrance
eontrlfrutiona
i/
TranafarB to Ballroad DaeaployBant
lasuronca Aceoont,
UnaaploTBaat Truat
Tnnd kj
Xzcasa of
azjMiidltaraa
5/
1937.
1938.
.5
.1
.5
t.9
6.8
8.5
lO.j
12.1
13.2
19'H.
19't2.
191*!
191*5.
5.0
llt.9
12.6
5.0
3."
2.5
2.2
3.2
3.7
U.l
11.7
8.9
IJWl-Jnly
inguat....
.3
.3
9.0
SeptendQer.
.7
8.8
-2.6
.It
October.
BoTamber.
Decanber.
.
.2
-2.9
19'*5-Jaauary.
February.
March
.3
9-9
ce:
*
1/
2/
Dally Treasury Stateaents.
Uae than $50,000.
Operated as Ballroad Unemployiaent Ineurance Adodnlttratlon JVmd.
Bapreaents 10j( of contributions under the Ballroad Unemployvant
Insurance JLct; the remaining 9C^ is deposited in the Ballroad Unemployment Ineurance lecount. Unemployment Trust TanA (See Section
Includes amounts appropriated to Bailroad UnemployII, Table 3).
nent Insurance Administration fund emilTalent to amounts of taxes
collected for the period Janoaiy 1936 throu^ June 1939 from employers subject to the Ballroad Unemployment Insurance Act. These
amounts aggregated $15.0 million and were distributed by calendar
9-6
3
53
9-9
million; 1938. 16.8 million; and
years, as follows:
1937.
for the first six months of the calendar year 1939. 42.9 million.
These amounts are included in Table 1 under federal Uneaploymeot
Tax Act (unemployment insurance).
Includes only expenditures from appropriations made specifically
for administratlTS expenses relating to the Bailroad Unsaploymsnt
Insurance Act.
fiepreaents exceaa funds of tha Ballroad Unemployment Insurance Adminiatration Itind (under Act of Oct. 10, 19l«0).
Cohered by ^propriatlona by Congress.
Treasury Bulletin
16
Social Security Program
(Continued)
-
Section II.- Statemerits of Trust Accounts
Table 1.- Federal Old-Age and Survivors Insurance Trust
(CujBulatlTe from organisation
Fundi-''
olllloDi of dollars)
Unexpended balance
lai of fiscal
year or month
Total
receipts
265.0
765.0
1.155.0
1.705.0
2.393-1
3,288.8
U.U19.3
267.3
1937.
1938193919W1.
igin.
I3k2.
7».7
1.199.6
1.792.1
2.536.2
3,502.8
U.720.7
6.116.0
7.5^9.8
19UU.
igits-
87.1
1U3.1
7,016.7
7.021.3
7,082.8
7.5't9.8
June.
July.
7.611.3
Old-age
benefit
payments
In disbursing
administrative
expenses 2/
officer's
account
5."
19.3
U7.1*
2lit.l
138.6
275.6
301.5
1152.
Sou. 7
528.5
669.6
936. U
U23.5
528.5
528.5
911.7
Dally Treasury Statements.
tees than $50,000.
Includes transactions effected under the predece
267.1
662.3
1.177-2
1.738.1
267.2
2-3
17.7
UU.6
5,711.i»
7.Wto.2
19U5-May.
Total
expenditures
tlons by
Congress
i»
936. U
962.0
777.2
1.180.
5.>t
19.3
35-1
99.5
209.8
359.1
5*3.7
783.5
761.1
783-5
8O6.6
12-3
39.1
65.9
1.7^.7
93.''
126.0
152.9
it.26g.3
5,"A6.1i
6,613."*
150.6
152.9
6,6l3.i*
6,153.8
6.5U6.3
155.1*
6,61*9.3
6.51*6.3
.1
1.9
3.0
2. 380.
2.397.6
3.227.2
3,201.6
«, 236.8
5, "108.
6,5^6.3
-5
6.1
6.2
5-2
7.0
16.1
32.0
10.8
3U1.I
32.0
67.0
33.6
35-1
35.9
20.lt
2U.5
21.
35.1
AccoTint
2/
Old-ige Beserve
Dnder Sectlo
201 (f) of the Social Ssourity Act amendments of
1939-
Table 2.- Railroad Retirement Act
(Cufflulatire
^d
of fiscal
year or month
Total
receipts
IU7.9
26g.l*
WW
1*.0
1*2.6
79.8
3.6
5.9
I85.6
298.7
1*98-5
8.1*
639.U
1*19.9
51*6.1
68.1
82.7
92.1
87.0
IOU.8
19U.9
333.0
515.6
390.8
506.9
650.9
871.5
19UI'
l,ll*l».l
1.116.9
11.6
17.3
27.2
191*5
1,1*68.1
l.''25.7
1»2.U
June
July
Source:
•
85l*.2
676.6
811.0
952.5
1.1*51'.
1, 1*25-7
29.0
91*0.8
1.1*68.1
1.U25-7
1.717.6
1*2.
952.5
96U.9
19l»5-May
1.760.0
Investments
l.it
19U2
19U3
191*1
Unexpended balance
Benefit
payments
^ipropriations
by Congress
1*6.6
11*6.5
261*.8
38i*.9
1*6.6
1937
1938
1939
from organisation - In millions of dollars)
1*2.1*
6.0
36.6
1.6
66.2
67-2
7U.0
91.5
178.0
2-3
1.8
10.5
11.7
12.8
318.
I3.U
79.11
500.5
lU.l
IU.7
1*99.5
513.9
515-6
795.1
500.5
668.5
lt.3
Daily Treasury Stateaenti
Less than $50,000.
Table 3.- Unemployment Trust Fund
(OonilatlTe from organisation - In millions of dollars)
State
unemployment
insurance
Total
nctiTiroceipti
ties
Deposits
by
States
19371938.
1939-
313.1*
1.076.2
1. 9111.3
19I10.
2,857.9
3.971.9
5,215.5
6.61U.O
8.180.9
9,688.6
191*1.
191*2.
191*3
•
191*1*.
191*5-
310.6
1.058.2
1,869.5
2.729.3
3,621.1*
u.717.3
5.935.0
Transfers
Railroad
from
uneoploy- Transfers
Railroad
Unemployment
from
insurancf States
Insurance
contribuAdministrations 2/
tion TaniHJ
Total
sxpsnditures
y
UU.2
105.6
181.9
271*. 3
8,51*0.3
383.7
502.5
6,533.1
''75.6
7. 281*.
State unemployment
insurance
actlTlties
Railroad Unemployment
Insurance Account 1/
1.8
105.9
105.9
105.9
105.9
106.3
oeot
Transfers Iii8uraBce|
Acco
to Railroad Unemployment
Insurance
Account
In
In di«General
burslng
?und
officor'B
(Special
account
DBposlt
5/
Account)
2/
1.0
192.0
633-8
1.133.1
1,688.2
11.1*
2.8
18.0
uu.s
82.6
131.5
198.9
17.U
281.1*
2,065.1*
2,21*1.5
29.1
38.0
Withdrawal f
by
States
Railroad
Uneraploy-
1.0
192.0
613-8
1,116.7
1.550.0
1,918.0
377.9
501.5
2,302.1
2,092.1*
2,152.1*
2,373.'*
2,222.5
1*39.0
2,365.0
2,211*.2
501.5
501.5
2,373-1*
2.388.1*
2,222.5
105-9
105.9
105.9
1:1
1*3.2
1*3.8
1*1*.
6
312.U
312.3
8SU.2
872.0
1.280.5 1.267.0
1.710.0
1.721*.
2.283.7 2.273-0
3.150.1 3,139.0
".372-5 U, 367.0
5,878.8 5,870.0
7,315-3 7.307-2
13.5
13.1*
1.1*
2.7
3-3
1.5
I
19lt5-May...
June.
July..
ce:
•
1/
2/
y
9,592.0
9,688.6
9.761.2
8,51*0.3
8,603.1
502.5
502.5
106.2
106.3
106.
1*7.6
Dally Treasury Statements.
Less than $50,000.
Excludes advance of $15 million from the Treae\*ry and subsequent
repayment, both taJclng place in the fiscal year 19!^).
Represents 905C of contributions under the Railroad Unemployment Insurance Act; the remaining 10^ Is used for administratlTS expenses.
(See Section I, Table 3.)
Represents amounts transferred from States to Railroad Ttaeoployment
2.237.1*
106.2
106,3
106.3
UU.5
l*l*.6
1^.7
7,227.0 7.219-0
7,315.3 7.307.2
7.372.8 7.31*2.2
7.6
7.8
30.1*
Insurance Account equlTalent to amounts of taxss collected, with
respect to period from January 1936 to June 1939, Ineluaiwe. from
employees and employers who come vlthln the purrlsw of the Railroad Unemployment Insurance Act.
Represents excess funds of the PLAllroad Unemployment Insurance Administration Fund (under Act of Oct. 10. 19ltO).
For railroad unemployment benefits aj^d refunds.
September 1945
17
Appropriations and Net Contract Authorizations for the War Activities Program
Ab of July 31, 1045
Hat contlmet
authorlsatlona Zf
Title of act
77th Con^reas. Flrat Saaalon
re*.
6, igui
Fall. 13, 13'il
Mar.
1. igUl
Mar. 17. igltl
Mar. 27. IS"*!
1, igui
Hay
May
May
Hay
June
June
June
July
July
5.
19'*1
5.
6,
19U1
igui
Joint Reaolutlon (emerganey ahlp conatructloa)
Joint Besolutlon (clothing and equipage - War Departnent)
Urgent Deficiency Appropriation Act I9U1
Fourth Supplemental Rational Defenee Appropriation Act, 19'(1...*
Defense Aid Supplemental Appropriation Act, 19'41
riret Deficiency Appropriation Act, iglJl
Independent Offices Appropriation Act 19U2
Fifth Supplemental National Defenee Jb>proprlatlon Act, I9UI
Navy Department Appropriation Act 19^2
War Department Civil Appropriation Act, 19U2
Additional Urgent Deficiency Appropriation Act, I9U1
Treasury Department Appropriation Act 19H2
Justice, State and Commerce Departments Appropriation Act, 19^.
Interior Department Appropriation Act 19'*2
Military Appropriation Act, 19I12
Lahor ' Federal Security Appropriation Act, 19U2
Second Deficiency Appropriation Act, I9UI
First S^plemental National Defense J^roprlatlon Act, 19U2
Second Supplemental National Defense Appropriation Act, I9U2:
(Title I)
(Title II )
Defense Hlghiray Act of 19UI
Third Supplemental National Defense Appropriation Act, 191^2
Joint aesolntlon (War, Philippine relief, and defense housing)..
,
,
,
2}, 19U1
SU. igUl
71
73
31. igltl
28, 19UI
28. I9U1
30, I9UI
88
135
136
1,
I9UI
1^
3,
igw
Aug. 25, igui
Oct. 28, I9IU
2U7
282
Hot. 19, I9UI
Dec. 17. ig"*!
Dec. 23, 19ltl
295
353
371
,
,
Total, 77th Congress, First Session
1^
$
313.500,000
Treasurti Bulletin
18
Appropriations and Net Contract Authorizations for the War Activities Program ^
As of July 31, 1945 - (Continued)
Dat*
TlUa of
^proTed
Set contract
aathorlsatlona 2/
act
78th CoB^raaa. flacond Saaalo
fab. lU, igltlt
kpT.
1, I9W
U, 191tU
ipr.
May 12, I9UU
Jvma 22, 19Vi
Jvma 26, 13UH
JvxLt 27,
Juoa
Jnna
Jnna
Jana
June
Jane
June
June
June
28,
28,
28,
28,
28,
28,
28,
30,
30,
19Ult
I9UI4
19>t'(
19'llt
19UU
19l>U
229
279
288
303
3K7
352
358
365
367
369
372
373
19Wt
I9IA
194U
19UU
37lt
June 30, 19U4
Sec. 22, 19UU
382
375
382
382
529
Joint Resolution (farm labor and migration of vorlcere)
Writ Deficiency ipproprlatlon Act, I9UU
Public Lav (Federal Workt i^ancy - public roada)
Joint Resolution (Labor Department - maternity and infant care)
Haral ipproprlatlon Act I9U5
War Department Clrll Appropriation Act, I9U5
Independent Offices Appropriation Act, 19^
Departments of State. Justice and CoBmerce Appropriation Act, 19^
Department of Apiculture ^iproprlatlon Act, 19^
Interior Department Appropriation Act, 19'^5
Vatlonal Var Agency Appropriation Act, 19^
Labor - Federal Security i^roprlatlon Act , 19*^
Military Appropriation Act, 19U5
Second Deficiency Appropriation Act, 19UU
Defense Aid Appropriation Act 19U$
United Rations Relief and Rehabilitation Adm Inlet rat Ion Participation
Appropriation Act, 19U5
Porel^n Xconomlc Adjnlnlstratlon ^proprlatlon Act. 19^
First Supplemental J^proprlatlon Act, 19'*5
31.359.200
170,221,080
$
6,700,000
,562,298,301 Jt/
-28,805.732 Zf
,836.008,9U3
,
i»7,585,000
Second Session
18,UU,20O
19't5
19U5
186,266,526 U/
War Department ClTll Appropriation Act, 1946
First Deficiency impropriation Act. I9U5
Independent Offices Appropriation Act 19'<€
Department of Agriculture Appropriation Act I9U6
Departments of State, Justice and Commerce Appropriation Act, 19U6.
Haral Appropriation Act, 19'»6
Joint Resolution (U. S. Maritime Coamlsslon)
Joint Resolution (Labor Department - maternity and infant care)....
Interior Department Appropriation Act, 19H6
Labor- Federal Security Appropriation Act, I9U6
Military Appropriation Act 19lt6
Joint Resolution (reducing certain ^propriationa)
Second Deficiency Appropriation Act 19'*5
Rational War Agencies J^propriatlon Act, 191^
.
26, 19W5
29, 19U5
29. 19'*5
12, I9't5
3,
19't5
3,
19U5
19U5
3.
3, 19U5
5, 19115
17, 19U5
126
127
132
156
,
.
Total, 79th Congress, First Seaalon
1.8»,000,000 5/
,1*50,570,000
U50,000,000
19,750,000
l»10,291,029
j»/
$55.875.'»22.'H2 1/
,
Hay
May
May
June
July
July
July
July
July
July
2.198.577 6/
.030,937.2'<2
as, 611, 829
i,U3lt,8lU,79S
79th Coagreaa, Tirat Saaaloa
191+5
'-6J
30.700,000
,
Total, 78th Congress,
10,lK)0,000
1,600.000.000
$
2,697, I"*
60.000.000
^
3.552,598.517 6/
September 1945
19
Cash Income and Outgo of the Treasury, by Major Classifications^
(In mllllane of dollara)
Treasury Bulletin
GENERAL
FUND
OF
THE
TREASURY
.
September 1945
Assets of the General Fund of the Treasury
(la mlllloat of teUart)
Sod of fiooal
iBllloa, aoti,
knA carraatgr
jrenr or aontjti
Sepoitta In
fodaral Baaorro
Sadcs
aaonrltioB
(Vtf leoD aoeoanta)
1936
1937
1938
1939
2.936
2,709
S65
1,863
827
l,19l«
I9W
3.<W7
2.03s
19IH
2.812
zM9
B7U
862
lUl
929
1.022
25U
611
776
805
l,02ll.
6fil
603
1,038
1,>A2
I.5O8
1.679
7.6S7
18,007
22,622
58
55
52
95
105
igiia
3.t»»3
897
ig"*?
10,lli9
9U
19*
19^
20.775
25.113
<20
706
22.513
18.277
15.753
807
877
838
1.269
1.314
19.850
15.693
13.013
10,609
10,223
835
785
825
998
1,122
1.335
20. 261
807
792
779
I.OU8
17,866
15.265
13.055
357
292
1,5>»7
I"
688
1,22>«
l.lllO
9. '92
7.9'»l
708
1.500
22,622
'^1
2E6
289
igWt-July
iagnot
SoptcDbor
»
. . .
October
NoTomber
Docombor
22.
19'^Januaxy
fobmary.
20,077
ir.73't
March
Jlprll
15.722
U,809
:
xv
10.055
25.119
Juno
l,38l»
Doily Ireaauxy Statoaanta.
Balance in the General Fund of the Treasury
(In Billlone of dollara)
Snl of flaeal
year oi- Bontb
8,2U2
8,(102
533
315
295
31*1
32^
22,>i69
July
SouTCoi
n7
1.35
533
507
289
Treasury Bulletin
22
Analysis of Change in Balance of General Fund of the Treasury
[in millions of dollars - Net Increase or net decrease (-}J
accounts
Truflt
Total
Chan^ during
fiscal,
year or month
chan^ In
Oeneral
Fond
balance
19361937.
1938.
1939-
sUo
-128
-338
622
19»I0.
-91*7
7U2
358
19U1.
191*2.
General
and special
accounts
Trust
accounts
Increment
on gold
1/
i/
y
550
5.U75|
-3.l'>9 1/
-1.38't
2,7U6 5/
-J*,
-3.5^2
-3,611
7.570
1,229
-307
-2U1*
-5.127
-188
12,U33
-6.023
-5.587
-2.999
15,626
-2.630
-2.292
-2.036
->t.61»5
1.756
-4,252
-2,555
-5.9'»7
October..
HoTember
December
ISU^Janoary
Vebmary.
ce:
•
1/
2/
y
U/
-1*03
176
-99
-51
-5
90
Checking
accoonta of
OoT«rnnient
a^nclBfl,
etc.
314
204
136
-5.551
-2.00U
igUU-July
iagast ....
September.
April.
Ha7...
881*
6U.307
57.679
6,515
10,662
'.529
.
-85
275
255
-Iks
-3.506
-1,861
-U,051
798
-5.103
-19.598
-55.897
-&9.5?5
-53.9'«
I9"t3.
IjUii.
March
1/
3.280 5/
-
laneout
fonds and
account!
5.994
23,1*61
61*, 271*
133
70
92
lUg
675
11
39
-217
-3.625
21*1
-2,191*
204
1.302
-4.403
-1,178
102
282
-308
223
1*2
:y2
29
35
-iS
7't«
IU8
l*,76l
639
-193
112
257
-282
130
311
253
76
-3.6m
1.778
1.300
-2,54o
2lt2
238
101
262
338
-138
-3.911
-1,7'H
15.073
-S.dto
-6,190
-3.727
1,120
3.763
19.850
686
-1.050
-323
-8. 615
-5.862
3.362
-116
Ikdly Treaexiry Statements.
Less than $500,000.
This Is the net bad^tary deficit. Excludes amounts for public
debt retirement which are chargeable to the slnfidng fund, etc.,
under special prorlaione of law.
This represents the Increase In the gross public debt, except as
(See footnote 6.)
noted.
Comprises federal Old-Age and Survivors Insurance Trust SUnd, national Service Life Insurance IVuid, Unemployment Trust ISind, Ballroad Betlrement Account, Oovemaent insurance and retirement funds
(See footnote ^.)
and other trust accounts.
Charges for retirement of national bank notes are reflected In thle
statement directly egalnst increment on gold, in the years during
(See footnote 6.)
which the retirements were actually made.
-7
6/
2/
1*62
101
5o7
-71
15U
-778
95
^
-95
35
-29
-222
Comprisee Public Vorks Administration revolving fund, special deposits (net), and. during the fiscal years 15^0 through I9U5,
transactions In commodity food stamps by the Department of AgriculCommencing July' 1. 13^5* such transBCtions are classified in
ture.
the column "Trust accounts".
Izpendlturee for the retirement of national bank notes from increment on gold for the fiscal years I936 to 1939 (as shown below) are
not reflected herein, but are reflected under increment on gold ae
follows:
1936. *397 million; 1937. 199 million; 1938. ^51 million;
The increases In the public debt shown in
and 1939, $5 million.
the table "Means of financing Cash Requirements" for the above fiscal years will not agree for the reason stated above.
Includes inactive gold in the amount of $1,087 Billion.
,
September 1945
PUBLIC
OF
23
DEBT
THE
AND GUARANTEED OBLIGATIONS
STATES GOVERNMENT
UNITED
Treasury Bulletin
zk
Analysis of Issuance and Retirement of Public Debt
(In mllUons of dollars)
PttWlc
debt oatstendlo^
end of
flacal
Bet
In
deU
Public Issues
fleeal
Oseli
1/
1936.
1S37.
1938.
19U5.
19W*-July
ehnces
1/
516
9,o»*3
1.1*99
3.035
2.812
2.159
2.567
3.151
6.9U3
8.881
9,809
10,638
3.IU2
l*,2l*l
u,853
8,958
6,199
'*,776
2. 671*
[|0,M40
3,Z75
2,528
13,081*
13,166
7.'*75
7.19"*
17.81*7
10,1*62
23!Wl
6U,27'*
6U,307
57,679
2.978
1.751
1.669
Ik:
37.161* 30,388
122,632 91*, 961
153.785 123,958
179.159 129,663
303
17.911
13"*
1*91
1*
1,U&2
18,790
31*, 183
5,876
8.318
10,411
ll*,l*10
Certlflostas
of Indebted-
5.166
5.301
5.680
5.816
13.703 8,693
58,358 33.671*
89,1*78 63,202
121, USO 77.1*08
U,592
8,922
'*.570
6,1*00
U,298
6,805
Sz-
ness, speelel
series 2/
2.978
1.751
523
2.671*
l.oUl
3.035
2.812
1.1*73
2,ll*«
3,ll*2
303
17,911
U9I
5,332
18,790
31*, 183
6,991*
12,162
10, 151
10,991
11,1*22
5.920
l*,Ii81
9,822
11.597
27.178
6.092
10,928
22,762
3,U92
170
1*28
2ll*
9.073
6,836
11,552
5,571
6.651
6,931
3.U92
170
it.lSO
7.630
7,169
6,879
7.782
lt07
5.852
i*,8*9
10.7'
7
*.6>*9
'*,i'*7
12,229
5,801
6,077
8,066
6.557
1*,811
10,727
1*,811
10,201*
26,901*
1.579
U.187
8,851*
20,801*
5.903
7.262
7.370
6,133
6,122
October . .
HoTember .
December
210, 2U1*
7118
.
215,005
230,630
15.526
19U5-Jainifiry..
232, "WS
l^broary .
KarcL
233.707
233.950
'+,761
1.778
1.300
2>*2
12.0*10
12,1*71
II.8U7
12, 616
Msy...
June.
235.069
238.832
258,682
1.120
3.763
19.850
110,651*
July
262.0H;
3.362
9.1*95
7,oi*i*
2/
Creasory Stateosoits.
Less tiian $500,000.
Xxeludes certificates of Indebtedness, spedal series.
Sellj'
205
if?
9,1*66
9,885
22
7.570
1,229
-307
209,1*96
2,896
1*,111
1,W2
696
511
526
209,802
1/
Oash
9.6a
September
•
Ix-
1U,121
9.589
io^st ....
Source:
Bzceee
profits
laoc refond
bonds
7I40
208,57'*
ijprll.
idjoated
aervloe
>>Bda
5.078
2.6U6
U8,96l
72,&22
136.696
201,003
258,682
19W.
Oertlfleatee
of Indebtednesa, apeelal
aerlea 2/
33.779
36.U25
37.165
U2,968
19U1.
19U2.
!\iblle debt expenditures
(BetlredBSnt of public debt)
Public debt receipte
(leenance of public debt)
chec^
paUle
1*,150
U71
U.1U7
1.579
U.187
9.2U7
Consists of special serlea of certificates of Indebtednes
directly and solely to Vaderal Beserre Banks.
Composition of the Interest-Bearing Public Debt
Interest-bearing public debt outstanding
(In millions of dollars)
Percent of interest-bearing public debt
Public issues
Public leeues
Xnd of fiscal
yeax or month
lonaarketable
Honmarketable
1936.
19371938.
191*1.
191*2.
191*3.
191*4.
191*5.
19lrt-July
An^st
.
.
September
October..
BoTBOber.
December.
19l*5-January
1,261
1,188
1.556
2.151
3.166
11.381
10,617
2.35U
2,303
9.1'*T
1,151*
7.2Ui
6.383
1,308
1,302
30,1*11
U.TO
38,281
57.716
10,496
a,7oi»
35.298
46,090
5.698
6.689
9.168
32.989
35.800
36,576
39.886
17.36s
1*2,376
26,751
1*8.387
71,968
135.380
199. 5U3
256.357
20.131*
22,043
25,1*14
79,1*1*0
106,61*1*
207.117
208.289
207.850
81,293
208.608
81,1*66
210,771*
81,298
91.781
228,891
81,1*31
81,1*66
6,120
7.885
10,871
62.8
18,812
I5.52I*
9.121*
30,035
30,001
29,573
IU.961
15,461
15,976
100.0
100.0
100.0
17.936
17.936
23.039
9.075
9.990
9.843
29.5^6
29.5^5
30.401
16,060
16,170
16.583
16,326
100.0
100.0
100.0
23.039
23.039
18,588
9.80*
9.927
30,1*01
16,1*03
8.91*8
3u!52l*
16,399
16.921
16,688
17.130
17.567
100.0
100.0
100.0
1*0.1
1*2,885
9.109
10,031
10,136
3^,136
17.01*1
17,01*9
17.01*1
17.923
18. 592
18.812
100.0
100.0
100.0
39.7
31*, 1*1*2
3>*,lt72
17.025
19.558
37.237
37.5**
38.028
18. 067
18. 067
10,000
10,030
17.936
38.355
39.018
41,071*
230,672
92,1*17
1*1.858
231,851*
92.5^5
92,572
1*2,1*18
232,026
iprll.
May...
J\uie..
233.063
235.761
256.357
106,9*1*
1*6,090
18,588
18. 588
23,497
July
259.781
108.085
1*7.
02U
23,1*98
92.572
92,572
Daily Treasuiy Statements.
52.6
56.2
60.3
63.7
63.1
17.041
17. 1*05
23.1*97
3.015
7.U95
9.557
10,136
Itebruary.
Source:
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
3.096
16,561
28,822
3U,136
March
.
£26
1.558
2,676
3,770
4.775
31*, 1*78
1.603
2,508
11,861*
lU,73l*
15.715
I5.7U7
16,1*05
16,1*28
ll*,287
lU
39.2
391
39.2
3.8
II
7.5
1^
able
u
3U.5
29-7
25.0
18.2
15.1
3.2
3-3
3.1
11.8
u.3
12.2
lU.U
13.3
3.3
3.5
8.8
1.9
U.3
7.3
9.5
11.3
12.6
11.0
8.0
7-2
7.3
?'
1*.2
16.0
17-7
18.0
6.8
8.7
9.2
5-5
18.0
18.0
18.3
8.7
8.7
8.6
1*.8
lU.S
7.5
U.8
u.u
lU.I*
ll*.2
7.6
7-2
7.U
7.7
18.1*
8.6
8.5
10.1
u.u
U.7
U.3
lU.2
lU.O
13.3
7.7
7.8
7.2
7.8
7-9
7.1
10.0
9-9
8.0
U.3
U.3
3.9
13.2
7.1
8.0
7.9
9.2
u.o
18.
17.9
39.9
39.9
Bon-
orkst-
18.1
18.3
18.
18.6
18.
7.1*
6.6
n.l
71
14.9
7-3
7.2
7.U
7.6
1U.8
1U.6
13.3
7.3
7-2
6.6
7.7
7.9
7.3
September 1945
25
Detailed Statement of the Public Debt and Guaranteed Obllgratians
of the United States Government
PART A - FISCAL YEARS, I936-I9U5
(In lllloni of dollars)
26
Detailed Statement of the Public Debt and Guaranteed Obligations
of the United Stat«>s Government - (Continued)
(PART A - FISCAL XEAHS, 1936-19ll5-(ContlnueA)
(In mlllloae of dollara)
Treasury Bulletin
September 1945
27
Detailed Statement of the Public Debt and Guaranteed Obllgatlone
of the United States Government - (Continued)
PART B - MONTHLY DATA-( Continued)
(In
mllUoos of doUsTB)
28
Treasury Bulletin
INTEREST- BEARING PUBLIC DEBT AND GUARANTEED OBLIGATIONS
OF THE UNITED STATES GOVERNMENT
Office of the Secretory of
ttie
Treosurv, Division of Reseorcfi and Statistics
)
.
.
.
September 1945
29
Guaranteed Obligations Held by the Treasury
(In millions of ilollart)
CoDDodlty
Credit
Corporation
Xnil of fleeal
7«ar or aontli
ftderal
Tsra Mortgag*
Corporation
ftdjaral
?a1>Uo Boaslnc
iuthorltj
Bom* Owners'
loan
Corporation
1936
1937
1938
1939
.qjo
ISM
10&
I9UI
19U2
igUS
19^5
302
U.0T9
7.535
10.717
12,169
Moo
1.950
900
1.591
19M*-July
August
September
10.993
11.312
11,181
900
1.000
863
11.112
11,U60
1,035
1,099
1,155
276
266
258
398
398
398
1.173
1.588
1.596
250
128
121
398
398
398
387
351
1.762
I.5M6
116
111
108
398
398
3«3
30l»
Seoenetmotlen
Tennessee
Ilnanoe
Corporation
inthorlty
TaUey
U.q30
3.6C5
3,630
883
sm
21*3
October
HoTSaber
December
7
l)to
ll,it9it
11.50U
19lt5-Januai7
Tebruazy
March
n.735
April
11,602
11.320
12.169
11.563
May
June
263
366
108
1.591
July
•
551
212
580
1,010
398
39«
398
5U9
8,730
8.99M
9,08U
U93
I168
9,078
9,201
9,206
U39
U20
9.239
9.213
9.067
32U
8,965
8.927
9.020
326
Dally Treasury Statsmeati
Less than $^,000.
Source:
272
283
398
383
20
2.53M
5.033
8,uie
9.020
1/
These securities are not included In preceding otatsaents of guaranteed obligations outstanding.
Computed Interest Charge and Computed Interest Rate on the Public Debt and Guaranteed Obligations
of the United States Government
(Ajsounts in millions of dollr.rs)
Public debt and guaranteed obligations
Ind of fiscal
year or month
Computed
Interest-bearing
debt outstanding
Interest
charge
Cooputed
^.nw.ftT rate
of Interest
(Percent)
(In nllllons of dollars)
1936.
1937.
1938.
191*1.
191*2.
37.707
970
1*0,1)65
l.0l*7
1*1,1*28
1.068
wwMni rate
of interest
(Percent)
(In mllllona of dollars)
32.989
35.800
36,576
39.886
1*2,376
Computed
Interest-bearing
debt outstanding
U.7I8
1.203
2.51I*
5l*.7lt7
1.335
1.729
2,759
3.869
U,969
2.1*38
l*«.3S7
2.260
1.978
1.925
1.935
71.968
135.380
1,61*U
199.51*3
3,81*9
256.357
1.922
1.923
1.933
207.117
208,289
207,850
3,990
1-933
1.928
1.916
208,608
210,771*
It.oUl
lt.073
228,891
'*.393
1.937
1.932
1.919
1,1*70
U.iti3
l*.l*57
W
201,059
256,766
208.585
Auguet
September
209. 76 1*
October.
Hovember.
December.
a0,088
U.oio
U.03?
209.331
212,2UU
230,361
U,o6l
U.093
9U7
1.037
1.095
1,218
2,679
i*.oi5
U,026
Interest
charge
ConjKitcd
annual rats
of Interest
(Percent
(In mllllona of dollars)
2.562
2.582
2-589
2.600
2.583
1,11*9
191*1*.
191*5-^aauaTy
Interest
charge
1*5,336
76.517
.
Istereat-bearlng
debt outstanding
Guaranteed obligations 2/
CoDisited
1*7.87'*
139.
19Ult-Jnly
Coiu^uted
2.573
2.588
2.57?
2.53*
191*3.
191*5.
Public debt 1/
2.518
2.285
1.979
1.929
1.936
1.927
1.928
1.937
125
123
121
2.650
2.633
U2
109
2.052
1.978
6,360
U7
1.831*
l*.5l*9
85
1.861
1.968
1.335
1.321
1*.665
"*.853
S.ltSO
5,1*98
1*,092
1,516
1*09
i,U6e
1.1*75
1,1*80
1,U80
1.1*70
2.1*98
1.326
1-333
1-339
I.3U7
1.355
1.367
232,168
232.96s
1.920
230,672
i».lt37
1.921*
1.1:96
Tebruary.
U.ltSS
I.92I*
231,851*
11.1*65
March
233.1't5
l*,l*88
1.925
232.026
l*,lt72
1.926
1.927
1,11 It
1.119
1.369
1.657
I.U5U
i^rll.
May...
June.
231*. 191*
It,
512
U.57O
M.969
1.927
1.929
1.935
233.063
235.761
•t.l*96
236.912
256,766
l.Wtl
lt!9iu
1.929
1.931
1.936
1.132
1.151
256..357
1109
1.3a
July.
260,265
5,051*
1.91*2
5,01*8
1.91*3
itSU
I.2U1
Source:
1/
.
Ihily Treasury Stateaecte.
Treasury bills are included in interest-bearing debt figures at face
amount, but for purposes of calculating the computed annual interest
charge and the ooaputed rate of interest, the discount Tslue is used.
for the purposes of computing the titiii^l interest charge and rate of
1. 111*9
Interest on Dnited States saTlngs bonds. Serlee A-1 are considsred
to yield 2.90^ per ennua and Series f is considered to yield 2.53f.
Quarantsed securities hsld by the Treasury, and securities guaranteed as to interest only, are not included in this table.
Treasury Bulletin
30
statutory Limitation on the Public Debt
Sflotlon 21 of the Seoond Liberty Bond
as amended, provides that the faoe
amount of obligations Issued under authority of that Act, and the faoe amount of
obligations guaranteed aa to principal and
Act,
Interest by the United States (except such
guaranteed obligations aa may be held by
the Secretary of the Treasury)
shall not
exceed In the aggregate $300 billion outstanding at any one time.
,
Table 1.- Condition as of July 31, 1045
(Is
anonnt of ucnrltlea vhloh mc^ 1>e oatstandlag at
of the Sacond Uterty Bond Act, as mended
Maxliimjn
aagr
iootmt of oeoorltlee oatetandlnf labject to each Btatutor7
C.
OoTeniiunt Mcorltlea
S.
lemwd under
Dllliou Of dollars)
one tine, under llnltatlese Impoaad tr Section 21
300,000
deM
llaltatlon:
the Seoond Ltborty Bond let, ae (Bended 1/
371i789
Doaranteed BOcorltlet 2/
•.
.
505
STZi^3
monnt of Mcarltlea outstaadlng ntoject to itatntory deht llnltatlon
Total
Balance iaenahle under anch aathorlty
1/
27*707
eoaparlsan vlth the public debt oatatandlnc, see following
table Z.
Iter
g/
Ixcladaa guaranteed aecurltlea held by the Treasury,
Table 2.- Analysis of U. S. Government Securities Outstanding Subject to Statutory Debt Limitation
and Comparison with the Public Debt Outstanding, July 31, 1945
(In nllllona of dollara)
U. 8. aoTsrmient
aecurltlea ontatandlng
aabject to
statntocy debt
llnltatlen 1/
Interest-bearing aecurltlea:
Marketable laaoes:
Treaenry billa
Certifloates of Indabtedaeaa
Treasory notefi
Treasury bonda
Foatal saTlnga and other bonda.
.
17.025
3U,I*72
.
Si
total marketable iaauea
Me
letal
debt
paKde
mtatandisg
17.025
34,1*72
a3.'»9«
107,890
107,890
196
182, g<U
183,080
Son-marketable laeoea:
„
.
D. S.
.
^
awing, bonda
,
i
Oarrent redemption Talne
^^^^^^y^^^
1(6,508
Treaanry tax end aavlngs notea
Dapoaltary bonda
57,298
10,119
516
10.119
516
Total non-martoetable iaeoee
67.933
57.143
Special leaaea to QoTsmaent ageneiea and
tmat
fUnda.
Total intereat-bearing aecoritiea
Matured aeouritiea on which Intereat haa ceased.
Obllgationa bearing no interest:
Tfalted States aovinge atampa
IxceeB profite tax refand bonda
Currency itema, etc. 2/
^....
Total obllgationa bearing no intereat.
176
l.OitU
l.OW
m
2,065
262,01*5
^
2/
Limitations are eatabllahed y^ Section 21 of the Seoond Idberty
Bond Act, as amended.
Consiata of United Statea notea (lees gold reaerre); depoaita for
retirement of national bank and Piaderal Beaerre Bank notea; and
other obllgationa bearing no intereat
September 1945
31
Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States 2^
As of July 31. 1045
(Id
Tear
allllou of dollari)
32
Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States!/
As of July 31, 1945 - (Continued)
Treasury Bulletin
September 1945
33
Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States ^
As of July 31. 1045 - (Continued)
Treasury Bulletin
3^.
Offerings of Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness
tenne of
offering
Bubecrlption
booki
Period to maturlty
Description of security
(Ifeite
(Perlod to first call
shovn in pareathesae)
of Issue Is ehovn In parentheses)
Earliest
date
on which
commercial
aajr own
restricted
Issues 2/
Amount Issued
Amonnt
of cash
subscriptions
tendered
2/
(In Billions of dollars)
Third War Loan aeourltieB:
3-l/25t Tr«a«. bon4-.12/l5/61t-69.
8/16/1*3
IO/6/U3
g/l6/i»3^
10/6/1*3
10/6/1*3
IO/6/U36/
10/6/U3
11/22/1*3
2^
Treae. bond- 9/15/51-53
1/Sf.
Certificate-
9/9/1*3
11/22/1*3
7/g)S
Certificate
bond
2-l/2)t Treas.
.(9/15/1*3)
(9/l5/l*3)
9/1/W
(9/15/1*3)
(IO/15/U3)
10/1/10*
l2/l5/6i*-69 U/
2i6
Treae. bond -
9/15/51-53 1/
(9/15/1*3)
(9/15/1*3)
7/8)6
Certificate-
12/1/10*
(I2/I/U3)
Fourth War Loan aeourltlee:
11/22/1*3
I/2U/UI*
l/2l*/l*ll
3/2/1*1*
3/22/1*1*
3/2/10*
3/2/10*
3/2/10*
3/22/10*
Treai. note 90^
2-l/2)t Treae. bond S-l/l*)6 Treao. bond l-l/2it Treas. note 7/8)S
Certificate -
V2U/U1*
l*/2l*/10*
7/8it
3/2/1*1*
3/2/10*
Certificate -
(2/1/10*)
(2/1/10*)
(2/1/10*)
26 yr.l n
15 yr.7 m
1 yr
9/15/'*8
(2/1/10*)
(2/1/10*)
(2/1/10*)
(3/15/lH*)
1 yrtl m
26 yr
15 yr,6 m
k yr,6 a
it/l/l*5
(1*/Vi*i*)
5/1/1*5
(5/1/10*)
3/1/1*5
3/15/65-70 U/
9/15/56-995/
Fifth War Loan seourltles:
2)8
6/12/10*
l-l/l*?i
7/8J(
7/aD/lA
7/8)6
S/2U/l|lt
7/2O/10*
8/2U/10*
g/2U/10t
9/20/1*1*
9/25/10*
7/8)6
8/2U/l*U
7/8)6
1)6
Treas. noteCertificate -
9/l/l*5
3/15/1*6]*/
10/1/1*5.'
II/I7/I1I*
1
(12/1/1*1*)
(12/1/10*)
7/9f,
Certificate-
2-l/2)i Treaa.
J/22/U5
V19/U5
'1/19/1*5
U/11/U5
5/1U/U5'
2)6
1-1/1*)6
(5/l/l*5)
5/1/1*6
Seventh War Loan securities:
(6/1/1*5)
Troae. bond- 6/15/59-62
1-1/2)6 Trsas. bond-12/15/50
(6/I/U5)
7/8)6
Certificate-
5/21/1*5
5/21/I15
.90)6
Treaa. note -
7/23/U5
7/23/1*5
8/20/1*5
7/8)6
7/6)6
CertificateCertificate-
y
3.519
5.532
2,729
1.580
59
3.5'to
(21 yr.l n)
(12 yT,7 m)
(21 yr) 8/
(12 yr.eii) 8/
2/1/51*
9/15/1*6
2,212
3.728
2,212 1/
3.728
y
2.212
3.728
5,01(8
5.01*8 2/
5.0118
y
y
y
2,127
77
9/15^^
3.71*8
1*.877
(20 yr.9 b) 2/
8 yr)
(
2/1/51*
2,909
5,825
1,91*8
l*,770
yr
yr,6ml0/.
yr
26 yr,3 B
10 yr
2 yr,9 B
1 yr
2.909 1/
5.825
1,91*81/
y
l»,770
y
2.909 1/
5.825 1/
1.91*82/
1*.770 1/
3.691*
788
3.1*92
(21 yr,3 b)
(
12/1/51*
8 yr)
1 yr.l B
26 yT.3 B
(21 yr,3 b) 12/
10 yr
8 yr) 12/
(
2 yr,9Bl2/
3,10*8
1/
7.922 1/
1.550 1/
3.10*8
7,922
1.550
3.10*8
l*.395
l*.395
't.395 1/
1/
1/
7.922
1.550 1/
y
3.U16
12/1/51*
7U0
yr
1 yr
1 yr
1 yr
1
(6/1/1*5)
27 yr
17 yr
5 yT,6
1 yr
6/1/56
(6/I/U5)
7/1/1*6
8/1/1*6
(6/I/U5)
(8/I/U5)
1 yr.l
9/1/U6
(9/1/1*5)
1 yr
1
'*,ll»7
l*,811
1.579
(22 yr)
(lUyr)
1
6/15/62
6/15/52
7,966
5.285
2,635
1*,800
B
2/
8/
2/
10/
11/
12/
1^/
7.966
5.285
2,635
U.gOO
OoTemment agenciee and truet funds.
Reopening of previously offered security.
Interest comBeaced on October 15, 191*3.
innouncsnent of exchange offerli^ was Included In announcement of
ThlTd War Loan, August 16, 19U3.
Figures on amount of War Loan securities issued consist both of
amounts issued in connection with the Drive, and of amounte issued
concurrently with Drive to U. S. Qovemment agencies and truet funds
and to commercial banks.
Interoet ooomenoed on March I5. 191*1*.
Interest coBmenced on June 26, 191*1*.
Interest cosnenoed on September 15. 191*1*.
This is the same security that was offered in the Sixth War Loan.
Exchanged as of December 15. 19UI* and accrued Intereet charged froa
December 1 to December 15*
iaounte not yet available.
U. S.
U/
5/
6/
7,966
5.285
2.635
800
It,
U,910
2,U70 p
yr
Back ?i^ures! Iter period Deomber 191a thron«Ji July I9U3, see "Treeeury
Bulletin* for BoTember 191*1*, page 32.
Preliminary.
p
In the case of the reopening of a previously offered security, the
1/
period to first call and to maturity are calculated from the date
interest cotonences on the reopening.
Bastrlcted issues are those i^ch commercial banke (defined for this
2/
purpose as banks which accept demand deposits) are not peraitted to
acquire prior to a specified date, with two exceptions:
(1) concnrrantly with the Toorth. fifth, Sixth end Serenth War Loans, coinercial bank! wore permitted to subscribe to the restricted issue offered In the War Loan for limited InTastmeot of their tarings d»posits; (2) coamerclal banks may temporarily acquire restricted lesues through foreclosure when such Issues hare been used as
collateral.
Consiets of all public cash subscriptions and of subscriptions by
.
5.391
9/15/53
yr.llm) 5/
]_/
2-1/2)6 Treas. bond- 6/15/67-72
2-l/l*j6
1*,122
1/
7/8)6
7/8)6
7/8)6
.90)6
U/20/10*
11/20/Ul*
11/2O/10*
1/22/1*5
2/19/1*5
3/22/1*5
g/ao/i*5
1
1
(12/1/Ul*)
Treae. note I/I/U6
bond - 3/1 5/66-71 11/ ... .(12/1/10*)
Treas. bond - 12/15/^2-51* 11/
(12/1/10*)
Treas. note - 9/15/47 11/
(12/1/10*)
Certificate2/1/U6
(2/I/U5)
Certificate 3/1/1*6
(3/1/1*5)
(l*/l/l*5)
Certificate U/1/U6
11/20/10*
11/17/UU
11/17/10*
1/22/1*5
2/19/1*5
(9/i/Uk)
(11/1/Ul)
(12/1/10*)
11/17/Ul*
7
3,779
5.257
1,615
25 yr. 9
10 yr
2 yr,9 m
.(10/1/10*)
(12/1/1*1*)
7/8)6
(
3.779
5.257
I*, 122
yr
yr
1 yr
Treae. bond-12/15/52-^
Treae. note- 9/15/'*7
Certificate- 12/1/1*5
1-1/I*j6
1
1
.(8/1/10*)
2-1/2)6 Treae. bond- 3/I5/66-71
2)6
11/2O/10*-
(b/26/lO*)
(6/26/Ul*)
(6/26/IO*)
8/I/U5.
Sixth War Loan seourltles
10/23/1*1*
(2/1/1*1*)
Treas. bond- 6/15/52-51*
Treas. note- 3/15/1*7
Certificate- 6/1/1*5
Certificate Certificate -
(21 yr,2 m) 5/
9/15/53
1/
2-1/2)8 Treas. bond- 3/I5/65-70 kj
U/lU/UU
1 TT
26 yr,2 n
9 yr.ll m
1 yr
(21 yr,3 m)
( 8 yr)
1/
2-l/2fi Troae. bond- 3/I5/65-7O
2-1/U)! Treae. bond- 9/15/56-59
7/g]t
Certificate- 2/l/ii5
1/18/1*1*'
26 7r,3 o
10 yr
1 TT
September 1945
35
Disposition of Matured Marketable Issues of Treasury Bonds, Notes, and Certificates
of Indebtedness and Securities Guaranteed by the United States
Qate of
r*ftLndln£
for ezchan^
StoBcrlptlon of called
security 1/
traAflactlOD, oi
i
oatorinc
of retlreaent
ahovB In parenthetst)
for
Amount of
maturing
or called
•eeurlty
out
ending
iaount
for cash
retlreaent
Aoount
Percent
ezchan^d
ezchan^d
Description of nsv
security offered
transact 1 OB
of dollars)
7/8)t
8/2/1*3
li
Certificate Ir«M. Bote -
8/1/1*3
(8/15/1*2)
9/15/U3
(6/15/Uo)
10/15/"t3
3-1/Ujt Tre«i. taai - 10/15/1*3-1*5
10/15/U3
7/gjt
15/15/1*3
Certificate- 12/1/1*3
7/8*
1-1/8* Trees, note - 12/15/1*3
C.rtiflcate -
1-3/8* IMA note
Certificate7/8*
2/l/Wt
2/1/1*1*
3/15/1*1*
-^
3-1/U* nvc fcond
riMC bond
3*
HK note
1*
HOLC bond
3*
3-1/1** Tree.,
1*
3/U*
it/l/UH
7/8*
7/8*
7/8*
7/g*
5/l/i*J*
8/l/¥t
9/lM
3/1**
9/15/1*1*
<
10/l/W*
12/1/Wt
1*
II/I/U3
-
3/15/IA-6U
U/lj/Wi
bond-
(IO/15/33)
1,1*01
(ll/a/U2)
(12/1/U2)
(12/15/38)
2.035
3.800
96
260
1*21
1*21
(2/1/39)
llU
2,211
llU
8U
2/l/lA
2/l/UU
-
s;i5/wi-i(9
5/l/ltU-52
U/l5/UUJi6
(2/1/1*3)
(3/15/3!*)
(5/15/31*)
(7/3/1*1)
(5/1/31*)
(U/16/3U)
(11/1/39)
(6/15/39)
Trees, note - 3/15/1*'*
Tree*, note - 6/15/1*1*
Totals for exchange traaeaetlon of 3/15/1*!*.-
CertificateCertificateCertificateCertificate-
1.609
279
U/l/lfl*
(l*/l5/l*3)
5/1/1*"*
(5/1/1*3)
8/l/W*
(8/2/U3)
9/l/l*l*
(9/l5/l*3)
Trea.. note - 9/15/1*1*
(I/31A1)
Treaa. note - 9/15/UI*
(12/22/39)
Total! for exchange transaction of 9/15/1***..
7/8*
7/g*
Certificate -
lO/l/Ul*
(IO/15/U3)
Certificate-
12/1/1*1*
(12/1/1*3)
1**
Treaa. bond
19
95
835
571
779
1,519
515
130
12
Si
7/g*
1.161
2-1/2* Treaa. bond - 12/15/61*-69
Treas. bond - 9/15/51-53
2*
1.939
3.51*0
7/g*
7/g*
Certificate Certificate -
.90*
Treas. note
2/1/1*5-
3/1/1*5
-
Certificate
7/g*
1-l/g* CCC note
12/15/l»l*-5l*
5.251
1.655
76
705
2-l/l<* Treas. bond -
2-1/2* Treas. bond
1-1/2* Treas. note
1.223
-
-
7/8*
7/8*
7/8*
7/g*
1,615
2,511
1*28
3.691*
V1/U5
Certificate
Certificate
Certificate
Certificate
602
185
635
2g3
5/1/1*5
8/1/1*5
9/1/1*5
oto -
3.1*92
3.1*16
(12/15/2U)
IO/1/U5
.90*
l/l/l»«
1*12
5.1*60
5/1/1*5
6/l/l*5r-|
8/1/1*5
7/g*
7/g*
(9/25/U2)
7/g*
7/g*
9/1/1*51
1*,877
(5/1/1*1*)
1.615
(6/26/W*)
6/I/U5
6/1/1*5-1*7
(6/1/39)
Totals for exchange transaction of 6/l/l*5r..
l*.770
8/1/1*5
it/l/kk)
Certificate-
9/l/l*5
0/l/W)
2-3/1** Treaa. bond -
9/15/1*5-1*7
(9/16/35)
Totals for exchange transaction of 9/1/1*5- •
Back ngures:
Tbr period Dsceaber 191*1 throngh Jnly 191*}
'Treaanry Bolletla" for loTeaber 19**!*, page 33.
PrellainazT.
p
r
Ban led.
'7/g*
Certificate
2/1/1*6
7/g*
Certificate
3/1/1*6
U.gll
1.579
7/g*
7/g*
Certificate Certificate -
U/1/U6
l*.lg7
L90*
Treae. note -
7/1/1*6
Certificate
-
g/l/W
Certificate -
9/1/1*6
395
5.0U3
1,51*6
ikll/kk)
Certificate-
3/15/66-712/
1*,1*51
5/1/1*5..'
Certificate7/8*
1-1/2* HOLC bond
U,6U9
2,109
U93
U/I/U5
Certificate
Certificate
1(00
(2/l/l*l*)
(3/15/1*0)
Totals for exchange transaction of 3/I/U5...
i*/l/i*5
5,0l«g
(2/1/1*1*)
3/15/U5
9/15/1*7
12/15/52-51*
.
(7/21/1*1)
3/15/1*6
7/8*
Treas bond
?*
2-1/2* Trees, bond
2/1/1*5
3/1/1*5
3/15/1*5
9/15/56-59
3/15/65-7O
9/15/Ug
270
1*.877
2.51*5
1*,122
2/15/U5
Treaa. note .90*
Treaa. note 1-1/1** Ireae. note -
12/l/Ult
729
for exchange transaction of 2/1/U5...
3/U*
lO/l/W
3/1/1*5
1-1/1** Treaa. note
12/15/1*1*
8/1/1*1*
1*83
.11
i*l6
It.
Certificate -
1,556
5«3
32
615
755
723
U.910
2.1*70
3.691*
1,211*
p
7/g*
W/g*
1*,908
1/
2/
^
5/l/l*6
Original call and aatority dates are ased.
Hot arallable to coaiserclal banks.
Amounts not yet arallable.
Treasury Bulletin
36
Offerings and Maturities of Treasury Bills
Table 1.- Description of Treasury Bill Offerings and Amount of Maturities
(iBomiti In Bllllona of dollars)
^•ortptloD of aov liiuo
Amount of blda aceopted
Soabor of
ittja to
atnrlty
Aaonnt of
bldi
tendorad
Amoont on
coapetltlr
bull
191A-Jnl7
July
July
July
6.
13.
20.
27.
igltU-Oct.
Oct.
Oct.
Oct.
5.
13.
19.
26.
2,215.1
2,0U2.3
2,07't.3
2.177.1*
2.010.U
2,001.1
An*.
Aug.
2,033.l»
1,851.6
1,831.6
An^.
Aug.
Sapt.
7Sept. 1>I.
Sapt. 21.
Sapt. 28.
Oct.
5.
Tab.
Tab.
fab.
15.
23.
Mar.
Mar.
Mar.
Mar.
Mar.
15.
22.
29.
Jijne
July
July
July
July
12.
19.
26.
5.
1*5.0
1,202.6
1.201.0
1,211.6
1.207.8
56.1
58.7
59.7
54.3
1.216.3
1.203.8
1,206.6
1,153.2
l,21l>.l
1.215.3
2,2ll0.9
1.311.0
1.21U.1
l,3ll*.J
1,300.6
1.313.5
1,203.7
52.6
52.9
i.ao.9
1,932.1
2,078.5
2,061.8
1,260.6
1,261.7
1.2U7.7
1,262.1
1,138.6
90. I*
2,261t.l»
Mar.
Mar.
Mar.
Mar.
l,97't.8
l,20l*.9
l,93't.'i
1,868.2
1,207.0
1.217.2
1,202.3
1.137.S
1,135.0
1,151.0
1,152.8
Apr.
Apr.
2, '165.0
l,20l*.9
2,157.'*
Jan.
11.
18.
25.
2,0ll0.8
June
June
June
June
l6,'*'*2.0
16,1*1*3.7
1,218.0
1,312.6
1.313.9
1,308.9
16, 1*11*. 7
16.I105.I
1,311-0
16,1*08.1
l,3l'*-3
i6,iioi*.o
1.300.6
1.313.5
16,1*03.5'
57.8
57.5
2,065.8
2,U36.U
2,085.8
2.075.2
2,022.1
l.31'*.2
1.255.1
1.310.2
1,316.1
1,302.5
1,21*9.6
1.253.>*
1.233-9
l,25U.O
59.0
60.5
62.7
68.6
60.1
1*6.0
1.21*3.2
19.
26.
2.092.1
2,109.3
1.317.1
1.303.9
1,318.2
1.310.3
1.271.1
12.
1.81*2.8
2,l6lt.O
60.8
63.2
56.0
2.
2,01*8.7
1,261*.8
9.
2.012.9
2,029.9
2.067.9
l.Sl"*.?
1.307.1*
16.
23.
30.
2,01*3-1
Sept.
6.
Sept. 13.
Sept. 20.
Sept. 27.
Oot.
2,028.5
2,233.0
2.0V*.
k.
25.
2,21*3.0
2,256.3
2,01*6.9
Service; amount of maturing
Dally Treasury Statement
the Treasury.
bills dated May 12,
19l*3,
1.255.0
l,25l*.2
51.5
75.9
73."*
Td
1,203.7
17.032.8
1,318.1*
1,315-8
1,310.2
1.300.1
I.308.7
1.251.7
1,251.5
1.30U.9
1.310.6
1,305.5
1,312.1
1.253.0
1,252.7
51-9
58.0
68.1
60.1
1.317.1
1.303-9
1.318.2
1,310.3
1,252.0
16,509.2
I.20U.9
1,303-0
1,302-6
1.302.3
1,309.8
1.305.3
1,317.8
1,237."*
16,398.7
l6,6ll*.5
1,310.2
1,316.1
1,302.5
1.253.9
16. 193-9
16.1103.3
16,723.6
16,808.9
16,920.7
50.6
58.3
58.9
63-9
1,21*6.5
16.1*27.6
1.207.0
1.217-2
1,202.3
r^
52.3
51.0
51.U
l6,l|0l*.5
l,20l*.9
1.252.9
1.255.1
1,262.1
1,263.0
1.307.U
1,313.1
1.3W.1*
16,156.5
16.259.9
16.1*1*9.8
1,258.0
1.252.7
5.
15.857.8
15.965.1
16.059.6
1.21'*.8
1.315.8
1,310.2
1,300.1
1,308.7
l,3l'*.0
15.71*9.1
1,215.5
1,218.2
1*9.1*
2,056.7
2,027.9
1,891.8
1.888.0
.
15.71*7.'*
66.2
69.9
21
28
15.737.0
1.206.9
l,2ll8.t*
.
15.72'*.9
67.1
72.0
1,318.1*
7
lU..
15.720.9
15.72U.3
15.720.1
15.715.0
16, 351*. 7
16,1*58.3
65-1 1/
1.303.0
1,302.6
1,21*9.8
1,21*2.7
1.21'*.'*
91*3.0
15.325-1*
1,205.8
1.209.9
1.210.2
51-'*
2,198.2
2,195-0
2,071.U
2,112.8
Oct.
l.25l*.6
63.5
63.1
56.7
1.153.5
1,227.1
1,229.2
Qata on nev laaueB come from Public Debt
iBBua and total billa outBtendlng are on
basie.
Back Flgurea: AwTmal Beporte of the Secretary of
Oommanclug with the offering of Treasury
1/
Source:
1.161.9
1,151.3
1,152.5
1.161.5
1.11*8.1
1,161.9
1.253.9
1.25U.1
J.
10.
17.
2k.
31.
7.
14.
21.
28.
15.523-9
1,017.1
1,206.9
1,206.3
1,218.0
1.312.6
1.313.9
1,308.9
U.
An«.
iu«.
iag.
iug.
tag.
June
June
Juae
1.015.9
57-5
60.6
62.0
61.9
57-0
2,308.0
2.197.0
2,183.9
2.356.3
19U5-Jan.
5.
May
May
15.132-3
1,215.5
1,218.2
12.
19.
26.
•fay
ll*.
1,011».5
1,013.1*
1.206.9
Apr.
Apr.
M^
1,210.9
1,205.8
1,209.9
1,210.2
Total bill a
outatandlnc
(sB of data
Bhovn In
flrat coluon)
1.007.7
1,211*.
^r.
M<7
1,156.6
1.190.3
1,143.7
59-7
56-2
2,2l»ll.5
July
July
July
July
^r.
1.15s.
l,211*.l
1*8.8
5U.I*
1,762.1
t.
1.
8.
l,21l*.li
1,1'*6.9
2,088.3
28.
fob.
IS.
S3.
1,11*9.'*
2.005.1*
Dae.
Jan.
Jan.
Jan.
Jan.
1,167.1*
1,216.3
1,203.8
1,206.6
Anonnt on
flzod-prloo
batli 1/
Aaoont of
atari n£
lino (a>
of data
ahovn in
flrat colQBa)
1,31'*.
l,3ll*.0
tenders for bills In the amount of $100,000
bidder vere accepted In full at a fixed prlc
Thla amount vaa Increased to $200,000 or lea
offering dated Horomber 30, I9W.
r
17.0J3.7
17,01*9.3
17.01*1.2
17.039.8
17.037.0
17.OW.3
17.01*8-7
17,01*8-9
17.01*1.1
17.03l*.7
17.037-5
17,oUl.3
17. 029-1
17.035.8
17.023.1
17,02l*-9
less from any one
of 99.905 per bondrod.
commencing vlth the
September 1945
37
Offerings and Maturities of Treasury Bills
-
(Continued)
Table 2.- Prices and Rates of Treasury Bill Offerings
ConpetltlTe bids accepted
Total bids accepted
Average
price
per hundred
19l(l>-Jnly
Zqul Talent
arera^e
rate 1/
Price
per
hundred
Iqul Talent
rate
1/
Treasury Bulletin
38
Sales and Redemptions of United States Savings Bonds
Table 1.- Summary of Sales and Redemptions, by Series
(In BllllonB of dollari)
Maturities and redemptions
Amount
outatftodlag
end of
fiscal y9ar
or nonth 1/
Nat change
during
flacal year
or month
Sales to
Investors
other than
commercial
banks
Original
porehaae
price 2/
Sales to
commercial
banks
All series }J
1*38.0
26U.0
512.6
M87.5
630.5
1,036.6
1,108.7
251*. 1
1938
1939
316.1
799.6
1.237.7
l,86g.l
191*0
2,90l*.7
19UI
U.31W.O
10,18S.2
1,1*09.3
5, 871*. 2
5.99l*.l
5.99l*.l
3,256.2
11,788.7
3l*,606.1
11,068.0
13.350.0
11,788.7
15,139.5
358.1
1*5.585.6
10. 979.1*
ll*,i*67.1
'*23.7
36,537.8
36.883.5
37,323.3
1.931.6
2,125.1
602.1*
2,089.0
600.0
691.1
36.1
3'*5.7
1*39.8
1936
1937
191*2
19>t3
191*1*
191*5
I9UU-J0I7
.
August
September.
. .
.
+1*83.5
681*.
1,1*92.1*
692.1
1,1*92.1*
October..
..
321.1*
695.0
NoTefflber.
.
38,303.2
663.6
1,023.1*
Beceober.
.
1*0,360.8
2.052.6
2,385.8
691*. u
999.7
2.353-5
. .
lil,lli0.3
779.5
557.9
1,071*.
81*8.0
1,071*. 2
81*8.0
1*61.3
889.1
889.1
U66.1
837.6
1,5«3.1
2,178.1
1,51*0.1
19115-January.
7ebruary.
March
.
37, 61*1*. T
1*1,698.2
1*2.159.5
April
May
June
1*2.625.6
1*3.767.0
1,11*1.1*
U5.585.6
1.818.6
July
1*6.508.2
11.2
36.2
66.6
82.0
1*2.1
11 1*. 3
80.0
110.8
65.0
87.5
IU8.I
11*2.8
207.
81*8.
2,370.9
It,
33-5
a.
30.7
.6
23.7
32.1*
26.9
22.6
32.0
H6.7
33.0
36.0
"32.0
27.8
837.6
1.850.5
327.6
1*3-7
1.271.9
22.6
56.5
298, I*
316.1
799.6
1,237.7
1,868.1
251*.!
1*83.5
1*38.0
261*.
630.5
681*.
2, 901*. 7
1,036.6
I9UI
3.650.2
191*2
3.6ol*.2
I9U3
3.6O8.0
191*1*
3,62>1.8
191*5
3.585-3 1/
19W*-July
August
September.
.
October.
.
Decsnber.
191*5- January...
February
March
.
April
3.632.7
3.63^.2
3.636.2
1*00.6
398.2
380.0
362.9
382.U
365.3
3l*l.U
Auguet ....
September.
October.
Hovember.
December.
.
191*5- January.
.
February..
March
April
May
June
July
338.7
320.7
5/
1*03.6
1*26.5
1*03.2
Ij
5/
82.0
IIU.3
7.7
-15.5
-16.5
-11.9
276.9
281.2
2l3':i
IU.7
1U.9
8.3
3.578-9 1/
191*5
65.0
85.9
92.0
96.0
103.3
3.6U5.0
3.6U7.3
3,629.1
July
19llll_July
828.0
6.7
5.5
May
June
19IW
1*2.1
3.637.2
3.636.3
3,638.0
3.613.6
3.597.1
3.585-3
191*2
19I13
7.9
1.6
2.0
5
1,108.7
200.9
8UI.3
2,357.8
5/
225.1*
11.2
7.2
17.1
28.0
512.6
1*87.5
m
226.9
278.7
283-0
Series A^D 6/
1936
1937
1938
1939
I9MO
U.l
1.2
7.2
17.1
28.0
6.9
5-7
22.3 1/
3
6
..
.. ,
.
.
2
September 1945
39
Sales and Redemptions of United States Savings Bonds
Table 1.- Summary of Sales and Redemptions, by Series
-
(Continued)
(Continued)
(In mllllonB of dollars)
Maturities and redemptions
^cimt
out st audi xi€
end of
flBcal year
or month l/
Net chance
Sales to
InveetorB
other than
commercial
during
flBcal year
or month
Original
purchase
price 2/
Interest
accrued
2/
Series T i/ 2/
191*2.
U98.9
*32.3
U3l*.9
l,2lt2.3
757.9
802.2
679.1
igiti!
1.995.7
+7U3.I*
+753.1*
191*5.
2,604.1*
+6og.7
igltlt-July
+95.5
+11.0
Sept em tier.
2.091.2
2,102.3
2.113.3
October .
Norember
December
2,121.5
2.158.5
2,2T?.6
+g.2
+37.1
+119.1
12U.7
ni.o
U3U.9
757.9
691.2
51*2.8
101.1
17.8
16.0
88.3
17-0
15.8
1*2.7
2,311*.
+37.0
1*2.0
1*2.0
2,338.0
2.357.3
+23.1*
+19.2
30.7
26.5
30.7
26.5
April.
2.376.3
+19.1
+57-0
+171.2
23.1
62.9
178.0
23.1
62.9
.
.
2!6oi*.!*
2-9
17-0
57.1*
5/
7.1
7.6
6.3
m
13.7
TebruAxy.
March.
19lt5-Janttapy..
2.9
17.0
57.7
89.3
136
l.U
6.8
6.9
6.7
\i
70
6.9
2.U
1.3
^•^
8.6
9.1
7.U
8.5
5/
5.8
7.7
8.9
7l*.5
39.11
Series S i/ 2/
19U2.
2,1*11*.
191*3.
5,119.2
7,S60.8
10,298.8
191*4.
191*5.
+2,020.3
+2.704.9
+2,741.6
+2. 1*37 -9
2.032.1
2.759.5
2.875-6
2.653.3
2.032.1
2.759-5
2,628.5
2,371.0
8,181.6
8.2U8.1
8,317.0
+320.8
+66.5
+68.9
337.5
85.3
85.3
311*.
August ....
September
October.
Norember
December.
8,384.2
8.542.6
8,930.6
+67.3
+158.3
+388.0
82.8
173.9
1*05.9
82.4
158.5
384.1
9.138.8
9.284.9
9.1*12.9
+208.2
+146.1
+128.0
228.3
164.1
150.5
228.3
164.1
150.5
9.526.4
9.788.2
10,298.8
+113.5
+261.8
+510.6
130.1
282.4
532.4
130.1
282.4
308.3
10,491.8
+193.0
215.3
19l*l*_July
.
.
19l*5-JaniiaTy
.
Vebruaiy.
Hsreh
^>rll.
June..
'ce:
•
1/
2/
3/
4/
5/
6/
2/
8/
Daily Treaeuiy Statemente.
Less than $50,000.
At current redemption valuea except Serle
which 1b stated at par.
Estimated, except for Series 0.
For details concerning investment yields and redemption values, see
"Treasury Bulletin" for May 1945, page A-4.
Coramarcial bank purchases were permitted prior to April 1, 1940,
and are estimated to have aggregated about $300 million.
Hot yet available.
Series A-D. sold between March 1935 and April 1941, are 10 year
discount bonds sold at 75^ of maturity value, yielding 2.90^ per
annum if held to maturity; purchases were limited to $7,500 issue
price In any calendar year and from April 1, 1940. could be made
only by individuals.
Series A bonds began to mature in March 19l*5,
For information on the approximate monthly distribution of maturities during 1945 see "Treasuiy Bulletin" for March I945, page A-2.
The small amounts of matured bonds which have not been redeemed remain in the amount outstanding.
There were $70.8 million of Series A-D and E savings bonds redeemed
through July 31, 1945 which had not been Identified by ssrles. For
purposes of this table, it has been assumed that all of these were
Series E bonds.
Series E, on sale since Hay 1, 1941, is a 10 year discount bond
U.8
11.8
5U.5
134.0
220.4
134.0
220.4
16.7
18.8
16.4
16.7
18.8
16.4
15.5
15.5
17.9
15.5
15.5
17.9
20.1
18.0
22.4
18.0
22.4
224.1
16.6
20.6
21.8
16.6
20.6
21.8
14.5
22.2
22.2
247.1
287-3
84^5
.4
15.1*
21.8
51*.
5
20.1
sold at 75^ of maturity value, yielding 2.90^ per annum If held
to maturity; purchases are limited to $3,750 issue price in any
calendar year and may be made only by Individuals.
Series 7 and
have been on sale since May 1. 1941.
Series F is a
12 year discount bond sold at 74^ of maturity value, yielding 2.53^
per annum if held to maturity. Series
Is a 12 year current income bond, sold at par, bearing Interest at the rate of 2-l/2it per
annum, redeemable at par OS maturity or at stated prloes less than
par before maturity. Purchases of Series F and
combined in any
one calendar year are limited to $100,000 issue price ($50,000 in
calendar year 1941). Conmorclal banks were petnltted to purchase
Serlss F and
bonds during the calendar year 1944 under certain
conditions ("Treasury Bullstln" for December 1944, page 36, footnote 9): and from June 18 through June 30, 1945 they were again
permitted to make such pxirchases. subject to the following limitations:
(1) purchases of Series 7 and
bonds from Jtrne 18 through
June 30 were not to exceed the annual limit of $100,000; and (2)
combined purchases of Series 7 and
bonds, 1-1/2^ Treasury bonds
due 12/15/50, and 7/8^ certificates of indebtedness due 6/1/46 may
not exceed 10$ of the combined amount of time certificates of deposit of individuals and non-profit corporations or associations
and of savings deposits, or ^00,000, whichever may be leas.
Treasury Bulletin
4o
Sales and Redemptions of United States Savings Bonds
-
(Continued)
Table 2.- Total Sales by Series, Classified by Denominations
Percental distribution of sales
Salea 1b millions of dollars at Issue price
Denomlaat Ion
Dsnoffllnatlon
$10
$;oo
$2;
(;a
$100
$1,000
17.5
36.1
9.7
13.1
13.9
23.0
20.7
21.9
20.8
18.1
12.2
11.8
11.5
31.7
17.9
17.3
18.2
22.8
19.2
18.2
12.8
18.3
18.0
18.0
I8.3
15.7
12.6
18.2
20.5
2U.7
6.1
10.5
15.5
I5.lt
15.5
17.1
17.2
19.1
18.1
17.9
9.6
7.8
7.6
18.2
15.1
13.9
18.0
20.6
21.7
7.9
llt.5
13.U
15.5
23.6
25.6
$5,000 $10,000
1/
i9te
19U3
191W
igu?
3.526.3
8.271.3
11.-819.7
11. 553."*
19UU-Jnl7
1,686.5
Au^et.
.
1199.
.
September.
590.8
October.
HoTember
December.
598.6
.
.
526.5
221.8
277.1
.
igU^January.
2l|«.8
38U.1
95 ?
107.6
216.
UO.ll
309.2
51.7
59.5
100.0
100.0
100.0
109.3
126.3
233. U
108.8
165.5
t57.6
36.6
8U.5
288.3
52.3
I2U.3
UO2.3
100.0
100.0
100.0
lt7.1
lit6.l
100.0
100.0
100.0
36.9
Ul.2
35.6
803.8
653.2
712.1
296.2
269.1
301. U
12U.7
112.0
122.5
153.5
118.2
127.5
77-3
50.8
5'«.l
98.3
99.0
i^rtl
May
June
68U.U
1.19^.7
I.U67.7
285-3
3U1.3
358.3
115.2
157.7
178.8
123.1
21*6.5
5U.0
160.2
99.0
281.6
317.9
227.lt
376.lt
.
July
llt.l
39.it
100.0
29.6
3.7
3.5
5-9
U.8
jO.O
100.0
32.lt
33.lt
5.0
12.7
39.8
3.2
9.7
28.8
16.3
100.0
100.0
100.0
36.9
29.7
26.5
9.2
6.3
6.0
6.S
5.1
U.9
100.0
100.0
100.0
21.8
20.5
22.9
23.1
62.9
178.0
6.3
17.4
23.6
l«.l|
27.2
27.6
13.3
110.9
101.1
17.8
16.0
3.0
5-7
September.
October.
HoTenber..
Deconber.
13.7
U2.7
I2U.7
191*5- January. ..
lt2.0
32.7
.9
.9
2.3
7.5
1.9
1.3
.
April.
May...
June.
13.2
12.2
22.3
I1O.6
2U.9
20.0
February
March
16.
326.2
27.5
2lt.8
.
Il2.3
8.7
21.7
28.
19.6
757.9
802.2
679.1
Au^st ....
37.3
25.2
10.
10.1
100.0
100.0
100.0
100.0
l»3l*.9
19lt3....
igltlt-July
it6.9
31.3
19lt2 2/.
I9lt5-...
llt.9
111.
S:
100.0
100.0
100.0
l'>5-7
I9ltlt
35.1
3U.0
89.8
106.3
March
February.
100.0
100.0
100.0
100.0
3U1.5
812.7
615.6
636.9 1.119.5
2.988.2 1,081.0 1,713.8 1.007.3 1,1181.0
lt.lU9.1 l,6te.5 2.583.5 1.396.9 2,01(7.8
2.1406.2
l,72't.8
1.325.7 2.099.7
3.927.7
123.6
210.1
213.3
167.3
91.7
170.2
162.7
127.5
171.1
3O8.3
29.9
5.8
5.3
35lt.8
lt3.1
22.lt
16.9
13.2
27.7
26.6
2U.6
31.9
13-7
10.2
25.5
21.lt
12l*.9
100.0
100.0
100.0
lt06.2
100.0
100.0
100.0
100.0
8.7
8.3
U7.U
19lt2.
2.032.1
2.759.5
2.875.6
2.658.3
19U3.
19lti*.
19lt5-
19ltl|-July
Au^st ....
September.
337.5
85.3
85-3
113.0
188.
578.1
8O5.7
21*9.6
91*2.3
526.3
520.7
221.9
81*1*.
7
1*67.6
883.8
1.157.3
1.054.2
1.035.6
lit.6
3U.I*
123.1
8.6
8.1
65.8
16.7
16.7
99.5
22.1
2U.0
100.0
100.0
100.0
10.2
10.1
9.5
36.5
3.6
J.2
16.0
35-3
85.8
2l*.lt
50.5
iiu.o
100.0
100.0
100.0
9.3
9.2
11.2
38.1
37.6
3U.7
100.0
100.0
100.0
6.3
26.8
25.5
6.9
31.1
100.0
100.0
100.0
7.9
9.0
5.9
36.1
22.5
8.6
35.8
31*.
33.3
October...
NoTsaber.
December
82.8
173.9
3-2
6.6
7-7
16.1
1*05.9
19.7
1*5.6
65.1*
1I10.8
19lt5-January.-.
228.3
I6U.I
150.5
U.g
3.6
3.9
1U.3
9.6
61.2
U1.9
32.7
115.1*
lO.l*
1*6.9
23.6
26.3
85.3
63.1
130.1
10.2
1*1*.
2U.5
1*6.8
282.1*
532.lt
3.8
9.8
11.9
25-lt
101.8
120.0
5l*.3
91.1
31-3
69.8
299.lt
215-3
6.3
18.6
77.0
.
February
March
April.
May...
June.
.
28.1*
50.9
81.
108.8
88.5
31.5
Dally Treasury Statements; (2) Tl^ures by de(1) Total sales:
nominations are estimated on tha basis of reporte received by the
Treasury.
Less than .05^.
Sale of $10 denomination Series S bonds vae authorised In June
100.0
72.1*
1*0.1
39.0
3U.I1
This denomination Is anllable only to members of the mllitary and naval forces of the United States.
Sale of $25 denomination Series T bonds «>s authorised la December
19I1I1.
2/
2.9
29.2
32.8
31.8
191*1.
.
ki
September 1945
Sales and Redemptions of United States Savings Bonds - (Continued)
Table 3.- Sales, by Series, to Investors Other than Commercial Banks, Classified by States
FART A - SERIES E
(In
71acal 7aar
Alattana
139. 18D
Aziiona
Aricanaas
711,176
California
Colorado
Connect lent
970. UlU
Delaware
90.226
220,926
thouMnds of dollara at latna pricaa)
19^
191H»
152.122
43.923
76.368
25.560
7.763
10.699
5.053
1.412
2.351
6.731
1.829
3.100
7.272
2.024
4,000
7.613
2.346
5.532
25.325
7.087
13.270
972.302
82.617
211.932
163.598
13.620
33.522
41.304
2,809
10.316
56.447
3.725
12.269
51.600
3.033
12.140
53.796
5.303
14.680
14.477
29.480
26.663
139.531
154,645
3.610
24! 986
1.382
4,426
5.849
1.556
8,648
7.877
1.572
7.706
8.326
1.753
7.939
7.083
7.935
2.540
3.954
8.211
2.480
4,121
10.772
2.615
4.090
17.239
4.374
8.644
17.238
5.921
11.444
77.636
55.364
3.957
12.857
61.994
4.511
12.177
53.636
4.873
15.573
78.054
9.024
17.646
125.414
11.527
24.659
4.045
22.961
22.799
2.091
11.496
16.046
1.544
6.669
9.251
1.730
8,795
10.346
1,684
8.153
9.838
2.U55
12.377
14,206
17.092
18. 039
25.513
8,703
13.175
3.531
5.162
Dlst. of ColQffllila
27,609
135.069
Tlorlda
llt2,'
Qeoicla
Idaho
l'»5.933
110,230
755.362
156.821
37.439
842.247
24.987
6.450
140.398
6.024
956
36.009
8.616
1.292
45,181
7.742
1.620
43.959
9.394
2.310
50,668
118. 436
14.115
2,002
67,824
9.157
1.581
51.074
8.812
1.711
51.143
8,630
1.519
51.997
14.566
3.442
IlUnole
19.265
5.852
106.406
Indiana
Iowa
Kaneao
263
.
163,077
323.206
248.440
163.285
50.160
42.133
24.4«5
15.930
5.855
6.580
18,837
8.227
6.435
18.080
8.189
5.406
22,070
14.003
10.727
44.675
50.216
28.277
24,030
16,376
11,727
20.824
10.173
9.167
19.239
11.149
11.638
20.747
11.958
7.213
29.982
29.885
18.143
38.632
40,277
23,487
122,288
135.933
51,791
20.168
20.530
9.791
4.302
5.744
1.940
5.657
7.029
2.535
6.873
8.337
2.660
6.397
8,084
2.559
17.344
20.584
9.041
9.803
11.120
3.956
7.081
8.085
2.991
9.720
8.437
2.998
6.455
7.291
2,608
11.215
11,240
3.955
17.272
19.452
6.756
152.566
390,986
688.159
156,4a
23.996
60.670
95.048
6.969
13.802
23.516
9.202
21.153
44.442
8.785
20.815
35.817
9.272
22.006
37.811
23.428
53.994
97.629
13.012
32.585
45.602
9.630
20,936
38.420
10,019
23.883
37.334
9.055
25.370
37.125
14.917
29.552
64.094
18. 138
249.962
82,588
283,681
229,47;
86,991
37.573
14.815
38.657
8.220
1.850
10.919
9.431
2.296
12.696
10.744
4,068
14.214
14.564
4.937
17.747
42,422
17.664
44.344
15.000
4,542
19.884
9.896
3.893
13.449
11.147
3.548
15.776
12.173
3.959
14.654
22,751
14.975
35.553
10.447
39.278
55,230
128,079
13.468
52.244
127.113
13.909
7.105
1.290
3.641
493
1.856
4.418
576
2.089
3.655
6,220
7.112
8,680
23,889
2,425
2.124
5.566
656
2.223
6.713
850
32.722
415,338
27,990
31.836
421.416
28,570
6.529
67.594
1.074
21.046
1.094
1,812
22.744
1.075
1.569
24.465
1.424
1.483
24.967
2.055
5,117
61,801
(t.650
4,73't
2.827
36.712
1.685
1.478
23.703
1.809
1.932
27.755
1.761
1.965
23.443
1.609
38.109
3.088
3.836
49.078
3.588
149,443
58,224
1.365.461
153.408
57.135
214.362
25.034
9.822
58,011
4,697
999
70.067
7.195
1.315
71.3'«
7.880
1.755
70.043
7.815
4,718
213.168
27.985
14.276
129.977
13.650
2.641
78.972
9.009
1.925
83.077
9.360
2.131
75.755
8.4l6
1.970
139.3*3
13.011
5.773
161.305
19.357
9.810
37.327
5,906
7.379
42.132
7.106
44.286
9.536
8,486
107.388
23.984
27.853
55.767
13.060
10.647
40.703
7.066
7.683
46,252
7.475
7.514
42.191
6.810
7.769
66.76U
12.957
15.488
85.748
20.363
23.286
49.3't3
59,677
124. ao
3.240
4.538
4!o84
9.175
13,816
63.645
5.729
6.552
51.109
3.681
4,636
5.084
54,189
4.051
4.593
79.5^9
4.992
6.298
102.456
8.172
9.602
Eentuoky
lAUlolana
Maine
I27i956
Ii»l,l06
54.994
Haiyland
Haeaaehoaette..
.
Mlolilgan
Mlnneaota
Hieelaalppl
Klaaowl
Montana
Nebrailca
Serada
Hew Haapahlre.
Hew Jereey
Hew Mexico
.
.
Hew Toi*
Horth Carolina...
Hortb Dakota
373.076
627,872
273.054
a. 246
2.756
5^
31. ''35
6.360
l't.395
1.063
2.a4
3.241
48.310
71.034
7.927
20,484
2,080
Ohio
7l4.ip
Oklataona
135.264
159.752
709.942
138.827
157.205
106,343
22.290
28.058
I>.5^7
Oregon
Penney iTanla
Rhode laland
South Carolina...
857,400
60.858
76,058
852.745
63.079
80.080
126.273
10,286
13.452
39.068
2.417
2.487
South Dakota
Tenneeaee
leaa
53.813
147.296
494,995
48.594
147.295
476.879
8.224
23.957
74.871
1.182
5.316
16,019
1.495
7.365
20.335
a. 451
3,052
8.449
35.3I8
10.655
23.297
79.620
2.519
12.247
Sl'.lW
1.640
8.572
26,910
1.777
9.001
28,045
2.456
8,272
26.075
5.755
12.530
51.289
8,100
20,513
62,828
Utah
Tezvont
Virginia
56.357
18.819
5H.374
17.901
203.197
9.080
3.164
189. 563
34. 789
1.590
687
6,385
2.476
746
10.856
2.471
912
10.574
3.305
870
9.838
9.222
3.030
33.562
3.180
1.838
17.896
2.715
943
11.265
2.956
869
12.922
2.75«
1.008
12.310
5.571
1.389
16,757
9.050
2,444
26,040
Waehlngton
Weet Virginia
Vliconaln
Wyoming
257.729
92.197
248,280
23.769
247,058
96,302
262,350
38.856
15.369
44.158
4.072
10.463
4,016
9.915
639
15.994
4.790
12.970
949
12.745
6.201
13.430
966
17.191
5.496
15.711
1.177
40,009
14.229
42.282
4.391
20,166
9.091
19.928
1.794
14.760
5.650
13.269
1.047
14.225
5.723
14.295
12.450
6.273
15,469
1.058
20.865
8.512
24.158
1.735
29.333
10.951
36.765
2.976
6.960
7.135
58.310
8.931
958
69
5.674
6.965
70.J85
12.285
822
1.149
7.200
2.469
129
15
438
18
5.069
321
390
532
309
529
4.965
296
6
270
1.275
909
9.060
2.885
108
212
254
5.140
5.125
535
4.727
462
4.64o
225
53«
3.379
4l9
18
362
577
7.425
888
557
8.605
2,429
44
Alaaka
Canal Zone
Hawaii
Puerto Hloo
Virgin Islanda. ..
Other poeaeeelone
Unallooated
Adjuatment to
Dally Treaeury
Stateaent
Total
5
5.050.
't.833
1.739
7.775
'II
1.241
''It
3
3
20
58.495
225.856
5.937
-59.830
11.553.361 1,686.509
-124.558
-6.703
8O6.8I7
(Continued on following page)
•15.836
653.222
-15. 681
1.467.673
Treasury Bulletin
1+2
Sales and Redemptions of United States Savings Bonds
-
(Continued)
Table 3.- Sales, by Series, to Investors Other than Commercial Banks, Classified by States
PART B - SERIES F AND
-
(Continued)
COMBINED
(In thousands of dollars at Issue prlcse)
Tlscal ya
30,156
9,U50
17.831
California.
Colorado.
Connecticut.
258.108
30,678
19UU
2U.501
8.368
It.
1.391*
251*
767
131
111,651
1.719
538
1*72
218,153
2U,726
55.553
3lt,8U0
8,070
009
6lt5
6,2U6
7.932
632
1.576
Delaware
Diet, of Colunbla
Tlorlda
10,306
29.761
12.188
l,80lt
302
2U,83l»
liO,l(96
57.718
3.517
6,276
79U
1.680
Oeorglat
111,958
U,llt9
1.21*6
Illinois
7,630
236,291
32.396
6.656
235. 8U9
935
27.6U5
180
9.156
.
.
6U.lt37
82,311
106.397
I9U5
1*.050
1,066
U5U
1.521
378
654
1.332
319
685
l,ltU3
896
3.991
1,181
2.685
1,751*
1,021*
13.003
28, 791
28,1*58
671*
9.365
822
1.1*1*7
2.106
I.91I*
1*,151
2.750
3.273
11,151*
11.738
1,103
5.033
13.678
973
U,863
382
933
566
962
789
1.351*
1.139
2.002
3.785
1,678
3.797
1,361*
922
2,198
2,262
1,211
226
1,126
235
8.221
2,905
637
15,772
2,1*1*6
6.037
1,101
38.671
2,011
2.152
897
5.11*1*
6.2a
1.123
1.098
3.1*59
2,31*1
781*
7,l*«l*
3.156
693
21,562
3,670
10,303
2,571
11.879
397
875
1.1*60
1,11(0
1.823
161
3.376
535
1,658
6,088
Itlt
1*58
509
3,31*1*
632
11.959
2,562
12,676
1.610
3,086
868
6.758
1*66
1*77
739
11*2
1,003
U,621
168
516
2,959
1.799
68,563
6.812
2,183
31,2U6
28,158
2.1*80
2,21(0
1*23
569
11*.
905
2,287
2,370
29,606
3.971
8,923
1.090
t(,222
11.119
1.369
1.U98
22,398
1.155
830
35.133'
12.971
12.21*5
2.959
1,1*86
3.1*36
1.1*35
13.550
39.339
3.630
11.377
35.329
3,202
New Hampshlr'
New Jersey.
New Mexico.
IU.563
106.839
6.503
13.593
91.275
13.1*69
613
3.15s
lt,906
1,121
H6
Tork
North Carolina
North Dakota.
1(72.310
59.856
15.992
l*.591
12,685
1,087
12,569
U2,263
lit, 978
U26.182
37.052
13.762
1,1*20
1,1|00
2,1*1*1
2,11*7
It69
377
397
l,32lt
Ohio
Oklahoma.
Oregon.
191*.
155
26.0U2
29.326
166,210
21,311
2U,598
21,893
7,1*30
11,885
3.065
680
852
5,710
789
1*,669
Pennsylvania.
Rhode Island.
South Carolina
251.120
20,628
21,988
222,925
28.1*82
7,060
W)
2,131
771
2.1t98
580
7.733
619
632
South Dakota.
Tennessee
Texas
13.222
39.186
117.537
9,91*7
1,666
32,131
86,632
10,783
255
1,125
2,831
1,067
2,793
Utah
Vermont
Virginia
8.393
8,026
51.399
6,505
7,600
U2,701
665
1,072
213
231
276
679
1,11*5
381
1*26
't,768
1,662
1,31*1
1*,019
1,526
7.107
Washington
West Virginia.
Wisconsin
Wyoming
56,253
19.552
93.192
6,032
1*6,955
5,636
2,063
ll,6U«
1,20U
3,108
Alaska
1,316
1.825
10,522
3.982
1,209
1.038
9,800
l*,2l»6
l,281t
Canal Zone. .
Hawaii
Puerto Rico. ..
Virgin Islands
Other possessions
.
Unallocated
Adjustment to
Dally Treasury
Statement
Total
Source:
ltl8
15.213
87.726
5.380
2lU
317
100
657
232
51*7
1,707
1.1*85
l*.153
l*.l*8l*
3.776
3.091*
1.751
588
2,028
2.337
1.71*8
521*
379
3.117
2,670
i*,96U
277
1.133
691*
57
356
1,220
158
1.796
5,21*3
1.150
27.328
1*99
1,1*1*9
6,591
665
16,680
501
1.570
906
836
2,269
7,886
2.121*
931
^?-
1,808
2,1*69
1.31*5
1*1*,
1.71*0
2.515
2.1U8
1,902
1.709
2,89l(
l(,970
l.l*K7
98U
1,163
1,333
3.910
2,223
2,799
11*. 679
5.289
2,978
9,088
2,982
9.208
15.1*80
6,262
18,313
5.U9
1(,626
12,085
Ik. Ib3
3.JO6
779
2.917
3.223
630
5.833
738
6,823
3.089
7.750
1,665
1*,262
12,1*90
10,71*2
508
2,550
61(0
1.5f7
1,590
2,136
l*,00l*
175
2U3
61*3
1.155
10,100
716
12,1*62
19.907
2.566
1,006
51,957
53.U05
i*,605
i*,i*5i
1.330
1.738
8.211
702
1,361
20,120
2.067
2,712
21.739
2,999
3.530
1.276
1.085
12,528
919
970
29,852
1.952
2,063
31,252
2,113
1,822
1,1*81
6,1(01
1,01*1*
1,1*08
1.1*73
1,U61*
3,5lto
It,
13.921
3.1*89
3.856
11,268
lt.827
1*26
3.910
1*,200
1,1*18
8,026
2,801
6,103
153
9,231
ll*,09l*
171*
77
727
1,063
216
60
1*0
79
62
67
320
202
90
1*3
1.565
31*1*
71*2
1,51*1*
39
1.31*1*
9^6
259
1*,908
1.251*
270,361
859
i*.733
578
U,811
11.518
5.673
3.""'
9,31*2
6.338
5.75;
Ull
1.71*1*
1*77
510
555
155
1(21
802
2.71*1*
3.035
l*,9l*l
3.352
825
5.025
136
2.717
655
2,129
5.31*7
6,1*09
6U9
l*.559
5.169
1.739
9.788
1,911
13,616
497
1*26
93
87
56U
1U9
71
55
151*
675
1.329
1,199
69
-670
.195,81*2
(1) Total sales:
Daily Treasury Statements: (2) Sales hy State
Reports of gross sales.
99
It.
1.1*35
1*98,153
1*,012
32.731
5.81*2
651*
95.867
2,282
2.988
l.Ull*
U,2S9
1,61*7
9.262
10,538
6,088
11,71*6
2,1*71*
1*05
2,911
i*,ii05
5.535
1,711
7,077
Montana.
Nebraska.
HevBda.
17,
17,ll22
l*.235
3.877
1,627
6,651
58.715
16.900
79,1*2
1*62
1.906
3.560
2,732
3.1tl0
198
15,186
15,328
69.836
22.296
91.689
.
265
17. 09!*
27,031*
Minnesota.
slsslppl.
Missouri
.
3U9
9.i*39
1,1*06
2,88U
633
15,1*22
9.538
1.350
1.286
393
1.321
3.712
839
26,901
8.262
5.957
lt7.625
IOU.768
.
1,71*1
6,886
1,1*35
2,600
7,866
3,91*8
1.859
3.11*0
5.759
.
1.953
3,1*60
1A,175
139.269
93.732
.
3.377
5,276
1.173
l*.l69
i*.U36
.
1.1*92
3,1(88
2,1(10
6,Ull
5,959
3,806
38,586
32.271
19.707
2,1*50
I.U73
9.31*5
1.729
2.905
3.381
1.8^7
38.952
20,591
.
68U
1,109
5.56I*
2.51*1
15.1*69
5,1(1(9
29,362
3.387
6.993
10,990
2,299
12.124
23,225
3,613
U.566
U.7U2
3.077
2.932
2.617
9,691
1,606
2.795
6,600
8,529
5.762
Ui»,903
52.'t93
2.673
1.1(09
1,771*
5.361
75.099
77.69?
U2,99U
Maryland
Massachusetts
Michigan
2,881
1,112
2,232
2lt6
191*.
768
176,91*2
-3.126
31*5.376
..
.
.
.
.
^3
September 1945
Sales and ftedemptlons of United States Savings Bonds
-
(Continued)
Table 4.- Maturities and Redemptions of Series A-D and E Combined, Ciaeslfled by States
i/
(In thouBandi of dollars at currant redemption Taluea)
191*5
California..
Colorado. ...
Connecticut.
Delaware
District of Coltmliia.
5.389
1.757
2.662
lt,6)»8
35.263
2.673
6.198
3lt.s6l
l,5't7
2,U78
1*67
33. 31*6
2,663
5,01*8
l*,718
715
l*.329
751
3.639
5.592
31.
753
3,986
5,09U
Georgia.
Idaho...
Illinois
U,526
928
28.883
5,008
8O6
28,233
U.265
U,136
1.563
3.961
Massacfaueetta
10,911*
Michigan
25.U10
13.381
5.217
3. "85
5.630
l*,5l*0
l*,718
762
285
22,26i*
21*.
7.31"*
12,712
6,038
1*. 1*1*6
It,
5.'t56
5.059
11.938
25. 7U8
U.56U
10.906
23.61*0
5.935
1.971
7.1*37
1,01*5
3,8l6
9.500
2U.5U1
3.676
9,260
21,397
5.8U7
1,825
7.72U
5.528
13.W7
27.373
29.1*17
7.308
2.355
11,299
7.a8
2.a8
7.U11
2.028
7.1*03
8,367
2,331
11,658
11,1*51*
10.771*
1.257
3.1SU
U99
1.1U5
3.132
567
1.178
2.897
522
980
12.909
891
927
13.973
36. 918
'*,790
3't.785
1.71*0
1,103
2.663
873
1.351
2,1*02
2.1*1*9
>*,095
1*67
1*35
U31
585
930
737
601
938
9.901*
ll*,83l*
959
12,859
738
1,01*9
91*7
25,690
U.lll
692
28,91*1
38.195
3'*.763
3.905
697
5. ''91
U.650
999
21,0l»9
4.590
1*,908
29.922
5,092
6,2U7
26,529
3,81*0
19,915
3.962
33.525
2,678
2,800
31,281*
1,031
5.567
18 ,172
1,001
5,3'*1
935
5.323
15,685
16, 11*2
5,3W*
15,289
1,539
1.559
1.507
22,1*92
26,883
2.075
2.312
23.919
1.715
2.037
769
721*
3.768
U,826
21.337
1.656
1.981
851
5.657
2,100
2.328
936
26.391
U.577
5,535
26,357
i*,57'*
5.305
30,889
2,216
2,1*22
2,U39
881*
l*.307
l*,029
lU,608
13.8U5
1,1*65
l.'t33
27U
5.298
1,399
269
5.357
1.776
309
38U
1*05
1*62
396
7,6l*S
6.1*76
6,603
6,581
8.790
3.571
8,836
573
1*80
7.570
3.589
7.379
570
7.579
6.231*
6.821
2.359
6,100
181
230
1.826
U79
1,809
1,376
521*
21*6
3^*
15
5.91*9
6.383
7.108
2.778
685
Alaska
161
11*7
122
127
I5U
1|£2
7
2,61*0
1.581*
2,120
3«0
13
l.'t53
359.982
i*,739
i».6i*5
965
U.815
3,506
6.938
378,255
901
ll*,622
U57
762
11,50U
28.377
10,075
815
9,l6lt
360
k
707
1.509
l*,95S
5.293
11.199
Wyoming.
Canal Zone.
Hawaii
Puerto Rico
Virgin Islands
Other possessions.
1»,807
U.999
1,660
5,2UU
7.797
3.598
13.091
5,1*06
U.762
1.522
lt,l6U
l.SUl
326
6.230
907
29,1*27
5,031*
1.212
597
1.571
305
5.781
971*
28.1*81
ll,980
5.518
U,18l*
5.W3
.
971
29,1*16
333
7SU
'*.331
6.289
'*.783
26,036
Utah
Vermont
Virginia.
6,000
1,121
33.239
It.
802
22.UI3
829
i*,300
i*.lt92
28,69U
U,U05
.
825
815
5.827
3.
5.287
5.183
1.587
Ohio
Oklahoma.
Oregon.
.
6.1*71*
3.677
28,720
U.UU9
828
5.050
IU.35O
1.003
5.005
5.1*17
671
2.783
6,183
5.81*3
3I.8UI
U,626
956
5.717
15.1U3
690
3.525
3"*.
U.781*
36,762
U,235
6U2
South Dakota.
Tennessee.
Texas
35.329
3.033
6,063
5,880
U,7U6
1,391*
1.996
2.117
3't.919
2,891*
2,766
6.587
1*.597
Hew York
Horth Carolin
North Dakota.
2.7<;0
39.5"*^
2.998
'»,oi9
32,99't
31.610
2.073
U.687
6.21*1
893
11,912
27.866
2,OK7
5.017
1.581
2.555
10,252
903
12.553
782
FenoeylTania..
Rhode Island...
South Carolina.
2,651*
3.525
12, 71*9
.
2,532
••.997
New Hampshire.
Hew Jersey.. ..
Hew Mexico..
67t
5.303
1.691
10,756
9U7
2,951
550
.
1*,S62
1.61*3
3.067
952
2.287
513
1.78lt
Juaa 2/
5.515
1,836
2,632
11,161*
5.121*
H.833
U.657
10,825
29.182
Hay g/
U.6O2
1.597
2,108
iprll 2/
12,555
5.866
8,690
7,660
.
81*3
March 2/
IU.03I
8,088
7.20U
1.705
8.671
Minnesota.
Mississippi.
1,615
2,298
2.611
3.918
U,960
16.618
7.366
3.755
i*,368
2.831*
S.lltg
norlda
Maryland
U.USl
l.UUl
2.351
Tetiruary
1191
1*25
375
3.'*e7
7,170
602
3,56U
7,699
591
l,l6l
237
9
Unallocated
-3.367
31*0.1*23
Itaily Treasury Statements;
(1) Total reden^jtlone:
Reports from Federal Reserve Banks.
(2) Redemptions hy States:
It should be noted that State figures presented in this table are
not neceeearlly comparable with sales data by Statee Inasmuch as
bonds which have been purchased in one State may have been redeemed
Moreover, the figures shown in this table are based on
in another.
296.517
1*32.256
381,092
13.896
-7,008
398.172
372,1*78
figures are shown at
current redemption values, idiereas the sal
,re not available prior
Data on redemptions by State
issue price.
to October 191*1*.
Inoludee Series A bonds which have matured and which have b
retired.
kh
Treasury Bulletin
Participation In Payroll Savings Plans for United States Savings Bonds
6
..
.
.
k5
September 1945
Sales and Redemptions of Treasury Savings Notes
3/
-(Continued)
Table 1.- Summary of Sales and Redemptions^ by Series - (Continued)
(Par Taliiee - In mill Inns of dollar*)
Redamptlont and eichangea
Anount
outatandlnf
end of
fleeal year
or fflo&th
Met change
during
fiscal yeas
or month
Kzchanged
for
n«w tertea
HaoalTed
Id pajnent
of taxaa
2/
Serlaa B k/
U.ll
-2.195.0
-7U2.6
-17.S
3.072.1
7U2.6
17.«
2.933.3
7Z1.2
l6.2
19.1
17.9
-3.0
-1.2
3.0
1.2
2.9
1.1
U.l
76U.8
22.1
19U3.
ISUM.
iglHt-July
Augliat
. .
Soptanhar
X3.fi
October.
Hovember.
December.
12.7
12.5
10.1
19U5-Januar7.
febroary.
March
g.9
e.6
6.1
TO.H
21.5
1.6
1.2
2-5
April.
May...
June.
Sorloa C 5/
I9UJ.
6,1|6I*.0
+6,1*61*.0
7,51*6.7
10.067.5
+2.933.8
+619.8
8.953.7
7,015.8
9.S93.O
9.923.1
9.023.8
i<
201. >(
-899.6
281.7
220.2
171.0
1,181.3
180.7
1,081.7
1,283.8
228.0
166.0
121*. 2
1*1.9
1,1*27.9
1,265.2
162.7
257.7
212.h
233.1
229.3
1.20U.2
176.6
127.7
1,177.8
52.6
20.1
26.3
21*3.6
17ii.6
221.6
123.8
9I7.6
22.0
50.?
323.2
286.7
36.U
19W.
19U5.
191*14- July
August
September
.
.
J*i*5.2
30.
October.
Norember.
December.
g.976.'t
-1.7.3
9,892.0
915.6
9.7't7.9
-li»l*.l
1945- January.
?ebruary.
9.776.'*
9,81*0.9
March
8.869.8
April.
May...
June..
9.033.9
9.956.0
10,067.5
665.5
28.5
61*. 6
-971.1
W7.7
l6l».l
+922.1
1,096.8
1.113.5
111.5
11*7.8
307.U
10.051.8
Dally Treasury 3tat«nenit.
L«ei than $^.000.
Thoae notes vere originally deeignod to help taxpayers set aside
funds with ^Ich to pay taxes and ware known as Treasury tax savings notes.
Series A notes ware designed for the amall and laodorate taxpayer; Series B and Series C notes wore Intended for the
large taxpayer. When the collection of taxes throu^ withholding
at the source commenced, the need for Series A tax saTlngs notes
dleappaared and their sale was discontinued. Bedemptlon provisions
of Series A notes were relaxed to provide for the payment of InterSale
est on notes thereafter redeemed for caeh (see footnote 3^<
of Series C notes, which were designed for the investskent of idle
caeh reserves as veil as for the accuiimlation of tax reaervesi wae
continued and the notes were designated Treasury savlnge notea*
Includes matured Treasury savings notes*
Series A notes, %ailch were aold from August 1. 19^1 throu^ JmiB 22,
19^3- yield spproxlaately 1.92^ per annum. Through June 22, 19U5,
the notes could be redeened for cash only at the original purchase
price; since that date, the notes have been redeemed for cash at
1,082.7
5.969.9
6.396.1
U/
^
1,01*7.2
35.6
5.507.9
5.853-3
5U2.7
183.
11*8.1
1.158.1*
198.7
1*62.0
36.6
22.9
22.9
29.3
5U.I*
(See
the tax payment value current at the time of presentation.
also footnote 1.) Prior to Ootoher U, 19^3* ^b* Hftxliinim amoTmt
which could he ueed in payment of each class of tax (income, estate*
limited
to
during
taxable
year
wae
each
or gift) by each taxpayer
$5(000 par value; this limitation was removed ae of that date.
Series B notes were sold from Auguat 1, 19^11 through September 12.
19^2, to yield approilmfttely 0.k9ff per annum. The amotmt triilch oar
be turned in on taxes is unlimited. The notes may be radeemed for
caeh only at the original purchase price.
Interest aocruee
Series C notes vent on sale September 1^. 19^*
each month on a graduated scale (see "Treasury Bulletin" for Angaot
yield cq>proximately 1.07?t per aunm if held to
I9^3i paee ^)
Federal
taxes at
maturity. These notes may be used In payment of
any time tvo months after the date of Issue. The amount whioh may
be turned in on taxes Is unlimited* The notes may be redeemed for
cash eix months after the date of issue at tha tax payment valuto
current at the time of presentation. Prior to July 27* 19*^3*
notice of 30 days was required for cash redso^tion. See also foot-
^
note 1.
Trensurij Bulletin
l^6
Sales and Redemptions of Treasury Savings Notes - (Continued)
Table 2.- Sales of Series C Notes, Classified by Denomination
Fiscal year
or aontb
i/
U
.
September 1945
»^7
Sales of United States Savings Stamps
Table 1.- Summary of Sales and Redemptions
(In thooeands of dtollars)
Percental dletrlbutlon
AaBfont
oatetaodlsg
end of
flacal year
or month
Badenptio:
Vet obaa^e
during
fltoal year
or aonth
of redecoptlone
Xxchao^d for
xehenged for
United States
Onlted Statee
Bsrlnea
bonde 2/
Cash
2/
bondB 2/
f
Jnly
l?"*!
\
[tug. igltl-Jime 19U2.J
166.3UI
213.350
196.518
177.598
2/
127, 9U8
l*7U,l6g
70,1180 5/
352.632
231,593
73.130
55,738
100.0
100.0
100.0
100.0
100.0
32,685
36,112
IS. 070
27.553
27.996
5.13?
8.116
3,896
100.0
100.0
100.0
679
23.9U6
21.163
17. 73'*
13,816
18,558
20,221
l'*,929
3.917
3.628
3.602
100.0
100.0
100.0
80.1*
82.2
22.1
19.6
17.8
21,088
20.731
28,25U
19.92'*
16,71"*
16,321
13,U21
3.603
3.293
2,699
25.555
20,l>tO
5.'tl'*
100.0
100.0
100.0
81.9
80.3
78.8
18.1
19.7
21.2
+l6l,0lt8
+U5.6205/6/
-16,832
-18,920
-16.119
19Ult-July
Caib
308,621
lU7,57't
590,268 6/
5Vt.6l(7
1108,930
268, Ull
1*25,762
16,566
23,138
18,898
287.331
87 .U
87.1
82.8
12.51*/
12.9 5/
17.2
80.6
19 .l*
gl*.3
15.7
22.5
21.6
77.5
l67,!i25
-12,97't
Sept«iil>e:
168,253
+828
OctoberHorember
Dec«aber
175.199
180,587
181,529
6.9U5
5.388
February.
March
182,692
186,710
189. U09
n.i6i»
+U,oig
.^rll.
Hay...
Jone.
188. 7U3
-666
2l»,7l48
25,'*ll*
20,079
5.335
186.297
177.598
-2,ltlt6
26,132
19.069
28,578
27.767
23,63'*
U,9l*l»
-8,699
22,910
'•.857
100.0
100.0
100.0
79.0
82.7
82.5
21.0
17.3
17.5
I55.91U
-21,685
i6.i«6
38,091
29.653
8.1*38
100.0
77.8
22.2
9U2
2"*,
Sally T^eaBOxy Statenentt eoDmencing KoTenber 1, 19l*2i prior
thereto. Poet Office Department.
Stamps acid prior to October 1, I9U2 were known ae postal saTlngs
stanpe and were obllgatloae of the Postal Savings System but subseqoently became pnbllc debt obligatione.
Istijiated on the baels of eajnplee conducted by the Post Office Department .
Details not aTallable for Hay. Jnne, and .Tilly I9UI.
1'*.175
16,618
or month
77-9
Incliides minor amounts which were exchanged for postal saTlsgs eer*
These aggregated $123 thousands for the period ingust 1,
tiflcatee.
191*1 through June 30, 19U2 and $55 thousands for the period July 1,
191*2
through October 3I.
191*2.
See footnote 1.
Net of sales less redsanptions.
Does not Include amounts transferred from Postal SaTlngs System to
the Treasuzy to cover outstanding stasips.
Table 2.- Sales, Classified by Denomination
nscal year
78.
•w
OWNERSHIP
OF
GOVERNMENT
Treasury Bulletin
SECURITIES
September 1945
ks
Summary Distribution by Classes of Holders of Interest-Bearing Securities Issued
by United States Government and Guaranteed by United States
(In Bllllont of dollar*)
S«eurltU« l«sa*d
V lilted
Diatrlbatlon
tgr
State* OoTeniB«ttt
Secorltiaa guaranteed by thited Statea 1/
olassaa of holdara
Diatribution br elaasea of holdera
U. S,
U.
Ind of fiscal
Tear or nonth
Total
aaonat
outataadln^
3, Oorernmeat
agencies and
tnut fond*
32,989
35,800
36,576
39.886
lta,376
19U1.
5,605
6,803
Total
aaount
unmatured
out-
Public
Barkat*
able
laauea
markntabla
lavuas
626
1,558
2.676
3.770
'•.775
s.ujo
2,526
2.564
2,551
2,U58
Tederal Beaerre
banks
PriTate
inreatora
2/
l*,7lg
377
U,3Ui
••,665
'•.853
5.'^50
5,'»98
363
325
286
286
'•,302
31,730
33,115
27,3'W
28,835
27.989
29.579
29.950
37.982
58,988
llU.lUl
165.725
209.630
33, '•28
'•,55'»
6,360
6.085
IlS.llSl
8l>.9l*8
13,507
29.193
Ult.g^
56.209
lt,5'*9
l*,262
't.092
120,880
153. "ai
3,738
1,186
28
28.601
30.023
29,5'*5
1,261
1,188
1,556
2,151
3,166
2,180
lll,287
18.812
lU,899
21.792
IU.96I
I5.U6I
15,976
1U,912
15,803
16,651
172.619
125.392
1*7.227
1.U68
172.1107
12't.803
123.1*83
1*7.601*
1*7.11*2
1.1*75
1.1*80
16,170
16,583
16.326
17.61»5
170.179
171.204
188,375
122.759
122,205
1*7.1*20
1.1*80
U.592
5.337
1*8.998
137. '•68
50.907
l.'*70
l.'»70
21.955
22.391
22.86U
5.256
5,265
5,281
16.688
17.130
17.567
233,063
235,761
256.357
23.180
23. SOU
24.93U
5,2U0
5,195
6.105
259.781
25.66IP
6,081
199. 5^*3
14,091
18,920
19^5.
256.357
2it,93'»
19l(U-Jiily.
ao7.U7
208,289
207.850
19.586
20,079
20,575
"•,615
tag..
Sept.
Oct..
Hot.
Bte..
208.608
210, 77U
228,891
20,78U
21.185
21.672
"•.605
19"*5-Jaa..
230,672
232,026
231,851*
OoTemaent
a^nciea and
truat fuoda and
PttMlo
Public
Public
Darke tnarketnonaMs
Barke table
abla
laauea
laauea
Total
public
iseuaa
6,120
7,885
10,871
•8,387
71,968
135.380
19*.
Mar..
Public
1,332
1,693
1,791
1,835
2,023
19^3.
.
Prirate
Inveetora
2/
tandia^
Total
Public
public and oarket•peclal
abla
itaoA*
laaxMt
1936.
1937.
1938.
'•doral
Baserre
Baokt
8,225
10,3110
2,10"*
2, '•52
3.213
It. 623
6,105
U.608
•.588
22p
2,61(0
7,1'»9
18.386
18,8l|l»
.
170,625
19.00lt
1,516
Iio9
190, 02U
189,'^93
138.002
137.695
137.675
51,712
52,329
51,817
l.'*96
19.U39
19.669
17.923
18,592
18.812
20,1155
189, U28
136,981*
52.'il»U
20,95U
21.792
191.001*
136.503
i53,ii2i
5U.501
56.209
1.132
1,151
209.630
19.558
21.717
212.1t03p
155.282p
57.121P
1,187
1.187
1.187
l.Ul*
1,119
itog
US'*
•.528
5,l6U
5,212
6p
68
150
375
Treasury Bulletin
50
Estimated Ownership of Interest-Bearing Securities Issued or Guaranteed
by the United States Government
(Par Talueo 1/ - Is blllioDB of dollarB)
Held by nozk-bank Investor
Held by ItaskB
Total
amount
outstanding
Conoercial
banks
2/
Federal
Reserve
Banks
IndlTlduale
Inaiirance
compauiea
Mutual
savings
banks
other
orporatlons
associations
5/
State and
local
Govemiaent
agencies and
trust funds
governfflentB
6/
6.5
6.3
1*7.9
50.
.
Decemlje
19U3-March
June
September.
December.
21.8
23-7
76.5
111.6
28.7
t7.3
26.0
118.6
139.5
161.0
l6g.7
50.1
lt4.2
59.
67.2
71.5
52.2
58.3
59-9
7
32.9
11.
I40.I
13.8
2.6
6.2
1*7.8
6lt.3
18.2
23.8
9.2
11.3
5.9
7.2
8.9
11.5
68.6
80.0
93.8
97.3
26.6
30.3
IO8.9
117.7
1*2.5
122.1*
"7-3
17.5
3'».7
37.1
87.U
87.2
122.1
1*7.8
87.8
90.1
96.6
70.1
71.7
77.7
17.6
122.3
122.2
133.8
1*7.9
18.
18.U
230.
ua.u
52.2
17.9
19.6
232.2
233.0
233.1
97.7
97.8
97.3
78.7
78.3
77.6
I3U.5
135.2
135-9
52.8
53.2
53.7
19.9
20.1
23U.2
236.9
9«.0
98.6
77.5
77.6
18.8
19.0
19."*
19.7
20.
For monthly data for the period Januaiy 19U3 through ipril
see "Treasury Bulletin" for June 19l*5. page 1*7.
United States savings bonds, Ssries A-S, S, and 7 are included at
current redeiq)tion values.
Ouaranteed securities held by the Treasury are excludsd.
Consists of comBsrcial banks, trust companies, and stock savings
banks in the United States and in tsrritories and insular posses-
U/
^
6/
13.1
1U.3
1.3
1.9
2.0
15.8
16.9
22.3
25-7
2.6
18.1*
3-2
19.1
7.5
7.6
7.7
25-9
25-6
3-5
3-5
3-5
19.6
7.7
7-3
8-7
2lt.l
3-5
?-5
20.8
21.2
21-7
8.6
8.7
8.7
27.0
26.6
26.0
U-3
22.0
22.U
22.9
2U.lt
23-9
27.7
8.7
8.7
136.2
138.3
I9UI*,
2/
20.1
6.7
7.3
17-9
18.1
I8.3
Back figures:
y
6.1
16.5
17.3
121.7
210.1
212.2
1/
12.2
15-7
20.8
1U.9
15.B
16,7
10.6
12.2
5.''
U.6
5-3
72.0
71.6
70.5
October...
Norember..
December.
7-6
8-5
9.5
11.2
ij.i
1U.7
15.1
86.9
208.6
209.8
209-3
2.1*
11.6
6g.it
July
August ....
September.
3-2
J:i
1U.3
1U.9
'*5-l
3-1
3-7
63.2
201.1
.
Itl.l
6.5
6.9
29-3
30.9
77.5
83-3
186. U
19U5- January..
February.
March. .
16.1
17.3
63.8
51*.
19U2-Ju&e.
18.6
19-5
2.6
20.1
20.6
23.2
23.8
''.3
Sxcludes securities held in trust departments.
sions.
Includes partnerships, personal trust accounts, and unincorporated
business.
Includes dealers and brokers and investments of foreign balances
in this country.
Includes their agencies and their trust, sinking, and investment
funds, and territories and insular possessions.
Net Market Purchases or Sales of Government Securities for Treasury Investment Accounts
^
(In millions of dollars)
Het market purchase
lU.l*
193719381939-
-12.0
1.6
191*0.
191*1.
-9-5
-2.8
191*2.
--5
191*3
•
191*1*.
19U5.
-lit.5
-9.9
-67.5
119.6
23-3
-12.5
11-9
2-5
-37.1
-20.9
12.0
30.0
-5-7
-1.6
-.7
5.8
-3
-90.3
-105.1
-72-9
-11.5
-5.9
-16.5
-55-6
5-7
-3.0
-1*8.1
.1*
Less than $50,000.
Consists of purchases or sales made by the Treasury. Treasury investment accounts comprise (1) trust funds which by law are under
the control of the Secretary of the Treasury or of the Treasurer of
the United States, and (2) accounts under the control 'of certain
lt.8
-5:1
1.2
3.0
-1*0.1*
12.5
-3.9
3.3
8.9
38.5
71.9
3.7
1.0
-1.2
2.0
-i5.lt
-U
-2.8
6.5
-3.2
-•
-5.0
-5.9
-12.0
-3
-35-2
-10.0
-lltj.g
-67.8
20.5
-18. 5
-3lt.lt
-56.1*
-17.0
-15.8
-19.0
-2.7
-28.1
l*.8
U. 3. Govemnwnt agencies whose investments are handled through the
facilities of the Treaeuiy Department. Thie table also Includes
purchases under Section 19 of the Second Liberty Bond Act. as
amended, and excludes ths Ibcchange Stabilisation Tund.
September 1945
51
Treasury Survey of Ownership of Securities Issued by the United States
Governioent and by Federal Agencies, June 30, 1945
Section
I
-
Securities Issued or Guaranteed by the United States GoTerninent
The tables In Section I present sumfrom the
mary data as of June 30,
Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States.
The banks and Insurance companies covered
In the survey account for approximately 95
IW
Table 1.- Summary:
percent of the amount of such securities
owned by all banks and Insurance companies
In the United States.
Section II presents summary data on
the ownership of Federal land bank bonds.
All Interest-Bearing Securities
Treasury Bulletin
52
Treasury Survey of Ownership of Securities Issued by the United States
Government and by Federal Agencies, June 30, 1945 - (Continued)
Section
I
-
Securities Issued or Guaranteed by the United States Government
Table 2.- Public Marketable Interest-Bearing Securities
PABT A
-
-
-
(Continued)
(Continued)
ANALYSIS OF OWHERSHIP BY TYPES OF SECURITY, BY OAIX CLASSES,
AND BY TAX STATUS-( Continued)
Held ij investors covered In Treasury Survey
7.'<03
coomerclal
kaaks 2/
3^
•took
KU
Infforance companle
Basics 1/
Total
anouat
OUt>taildlD£
5Ul
317
life
Insurance
companlai
BBTlngS
653 fire,
casual ty
and marine
Ineurance
V. S.
Government
agenclee and
trust funds,
and Tederal
Reserve
cooqianles
Percentage distribution by classes of securltle
Types of security:
Securities issued by United Statei
Treasury bi 11 s
Certificates of indebtedness.
Treasury notes
Treasuiy bonds
Postal savings and other bondi
Ouaranteed by United States U/
9.'t
18.8
13.0
58.7
U6.5
21.8
3.6
a.
20.8
53.8
7.9
10.1
82.0
6.2
25. It
2.6
96.6
96. U
Total
1
classes;
Due or first becoming callable
Within
1
1
year
to ^ years
^ to 10 years
10 to 13 years
13 to 20 years
Over 20 years
Various (7ederal Housing Administration
debentures)
33.
1»
19.2
22.9
6.U
10.6
7.H
Hi
9.t
15.3
32.7
20.0
1:^
7.'l
33-5
25.5
21.2
10.9
18.1
9.9
kO.J
20.8
2-3
5.7
15.8
8.7
W1.3
23.1
12.5
18.9
3U.2
18.7
11.6
Total
Taj status: 5/
Wholly exea^t from Federal Incoi
Partially exempt from Federal ii
Subject to Federal income taxes.
Total
12.2
^7-7
26.2
73-8
100.0
100.0
Peroentaee distribution by groups of Investors
as of security;
Seourltlee Issued by United States
Treasury bills
Certificates of Indebtedness.
Treasury notes
Treasury bonds
Postal sarloga and other bonds.
Guaranteed by United States U/
Total
Call classes;
Dae or first becoming callable
Within
1 year
to 3 y^srs
5 to 10 years
10 to 15^ years
13 to 20 years
Over 30 years
Various (7ederal Houalng Admlnletratlon
debentures)
1
Total
Tax statue: 5/
Vbolly ezanpt f rom Tederal income taxes.-.Partially exempt froa Federal income taxesSubject to Federal Income taxes
Total
100.0
6.7
93-3
66.li
100.0
72.3
6.7
1*.3
Held by
all othei
loTeston
2/
September 1945
53
Treasury Survey of Ownership of Securities Issued by the United States
Government and by Federal Agencies, June 30, 1945 - (Continued)
Section
I
-
Securities Issued or Guaranteed by the United States Government - (Continued)
Table 2.- I^Jblic Marketable Interest-Bearing Securities
PART 3
-
(Par Talues - In millions of dollars)
Issue
(Tax statue
^
is shown in parentheses)
-
(Continued)
DISTRIBUTION OF OWNERSHIP FOR EACH ISSUE 0UT3TANDINO
Treasury Bulletin
51^
Treasury Survey of Ownership of Securities Issued by the United States
Government and by Federal Agencies, June 30, 1945 - (Ckintlnued)
Section
I
-
Securities Issued or Guaranteed by the United States Government
Table 2,- Public Marketable Interest-Bearing Securities
PART B
-
^
Is shovn In parentheses)
-
(Continued)
(Continued)
DISTRIBUTION OF OWNERSHIP FOR EACH ISSUE 0UT3TANDINO-(Contlnued)
(Par TOlueB - In mllllona of dollurs)
(Tax status
-
September 1945
55
Treasury Survey of Ownership of Securities Issued by the United States
Government and by Federal Agencies, June 30, 1945 - (Continued)
Section
I
-
Securities Issued or Guaranteed by the United States Government
Table 3.- Public Non-Marketable Interest-Bearing Securities
-
(Continued)
56
Treasury Bulletin
Treasury Survey of Ownership of Securities Issued by the United States
Government and by Federal Agencies, June 30, 1945 - (Continued)
Seml-Annual Data on Ovmership by Commercial Banks, Classified by Membership
In Federal Reserve System
Section
I
-
Securities Issued or Guaranteed by the United States Governinent
Table 1.- Summary:
All Interest-Bearing Securities
(In millions of dollars)
S
September 1945
57
Treasury Survey of Ownership of Securities Issued by the United States
Government and by Federal Agencies, June 30, 1945 - (Continued!
Seml-Annual Data on Ownership by Commercial Banks, Classified by Membership
In Federal Reserve System - (Continued)
Section
I
-
Securities Issued or Guaranteed by the United States Government
Table 2.- Public Marketable Interest-Bearing Securities
PART A
-
-
-
(Continuedl
(Continued)
ANALYSIS OF OWNERSHIP BY TYPES OF SECURITY, BY CALL CLASSES,
AND BY TAX STATUS-( Continued)
Meolier commercial banke
Classification
Total
Total
coaunerelal
member
commercial
banks
y
Central Reeerre City Itanke
Total
Ug Central
Reserve City
banks
37
New York City
'banks
Percentage dietrlbution by classes of securitlee
Typt IB of security:
SecuritieB iBBued by United States
Treas'J--/ bills
Certificates of Indebtedness...
Treasury notes
TreaTory bonds
Postal savings and other bonds.
Ciaaranteed by United States 2/
3.6
21.7
20.8
53.S
Total
Call claeeefl:
Due or first becoolng callable
Within
1
year
1 to 5 years
5 to 10 years
10 to 15 years
15 to ?0 yeare
Over 20 yeare
Various (Pederal Housing Administra*.
tion debenturee)
Total
1/
Wholly exempt from Federal Income taxes..
Partially exempt from Federal income taxesU/
Subject to Federal income taxes U/
Total
32.8
3.6
21.
20.8
53.?
coxiBtry
banks
Treasury Bulletin
5S
Treasury Survey of Ownership of Securities Issued by the United States
Government and by Federal Agencies, June 30, 1945 - (Continued)
Semi-Annual Data on Ownership by Commercial Banks, Classified by Membership
In Federal Reserve System - (Continued)
Section
-
I
Securities Issued or Guaranteed by the United States Government - (Continued)
Table 2.- Public Marketable Interest-Bearing Securities
PABT B
-
(Par Taluee - in aillione of dollare)
lasos
(Tax etatus
^
is etaovn in parecthegee)
-
DISTRIBUTION Of OWNERSHIP FOR EACH ISSUE 0UT3TANDINO
(Continued)
September 1945
59
Treasury Survey of Ownership of Securities Issued by the United States
Government and by Federal Agencies, June 30, 1945 - (Continued)
Seml-Annual Data on Ownership by Comnerclal Banks, Classified by Membership
In Federal Reserve Systeni - (Continued!
Section
I
-
Securities Issued or Guaranteed by the United States (jovernment
Table 2.- Public Marketable Interest-Bearing Securities
PART B
-
-
DISTRIBUTION OF OWNERSHIP FOR EACH ISSUE OUTSTANDIW-( Continued)
(Par ^TBlues - Is mlllione of follare)
(Tax etatue j/ Is ahovn In parentheses)
-
(Continued)
(Continued)
Treasury Bulletin
60
Treasury Survey of Ownership of Securities Issued by the United States
Government and by Federal Agencies, June 30, 1945
-
(Continued)
Semi-Annual Data on Ownership by Commercial Beuiks, Classified by Membership
In Federal Reserve System - (Continued)
Section
I
-
Securities Issued or Guaranteed by the United States Government
(Continued)
Table 3.- Public Non-Marketable Interest-Bearing Securities
(Far Talnee 1/ - in millions of dollars)
Meober conmarcial tianks
Total
commercial
(Tax atatiie 2/ Is ahovn In parentheses)
^an3cs
2J
United States savings bonds Xj
Series X-D
Series T
Series
W
\
(tajaile)
(taxable)
186
190
Total
U,766
commeicial
banks
2.637
Central Beeerre City banks
352
Reserre City
banks
Total
37
1(9 Central
New Torlc City
Reserre City
banks
1^.365
coimtry
banks
115
123
125
310
2gU
Total United States savln^a bonds
Treasiu7 tax and sarlngs notes
Depositary bonds
noniDember
commercial
banks
2l»7
(taxable)
(taxable)
^3
i(6o
H9
lU
1*29
209
Commodity Credit Corporation demand obligaptlona 5/
(taiBble)
Total public non-marketable securltie
I.l4g0
Section II
Ja_
1,178
Less than $500,000.
United States savings bonds, Series A,-S, S. and 7 are sboim at onrThey vere reported at maturity value by the
rent redemption values.
banks covered in the Treasury Surrey but have been adjusted to current redecption values for use in this statonent.
Federal eecurltiee fall into three broad groi:9s with rsEfpect to
Impoeition of Federal income taxes on income derived therefrom.
"Wholly" taz-exss^t securities are exempt from both the normal and
surtax rates. "Partially" tax-exempt securltieB are exeunt from
the normal rates except that in the case of partially taxnexai^t
^
kj
^
6/
1(0
Interest-Bearing Securities Issued by Federal Agencies
But not Guaranteed by the United States^
(Far valuaa - In millions of dollars)
Issue
(Tax status 2/ is shown in parenthesas)
-522_
768
TQg
Treasuiy and saving bonds, interest derived from $5,000 of principal aaount owned by any one holder is also exanpt from the
"Taxable" securities are snbjeet to both normal and
surtax rates.
surtax rates.
Includes trust companies but excludes securities held In trust
departments.
Series i-S savings bonds eo^d prior to March 1. 19l(l were partially
tax-exsoptt those sold on and after that date are taxable.
Ouaranteed securities held by the Treasury ar^ not Included.
Distribution by type of bank Is partly estimated.
^^
September 1945
PRICES
AND
YIELDS
OF
GOVERNMENT
SECURITIES
(Including securities issued by Federal agiencies)
62
Treasury Bulletin
Over-the-Counter Closing Quotations on Public Marketable Securities Issued by the
United States Government and by Federal Agencies
July 31, 1945
Table I.- Securities Issued or Guaranteed by the United States Government 1/
FART A • TAXABLE BONDS, N0TE3, AND CERTIFICATES
iaount
out(Million!)
63
September 1945
Over-the-Cpunter Closing Quotatioiis on Public Marketable Securities Issued by the
United States Government and by Federal Agencies
July 31. 1045 - (Continued)
Table I.- Securities Issued or Guaranteed by the United States GoTernmenti^- (Continued)
PART
Aaount
ont•tandloc
(.11llona)
- TAX-EXEMPT BONDS
AMD NOTES
6h
Treasury Bulletin
Over-the-Counter Cloelng Quotations on Public Marketable Securities Issued by the
United States Government and by Federal Agencies
July 31, 1945 - (Continued)
Table II.
-
Securities Issued by Federal Agencies but not Guaranteed by the United States
September 1945
65
YIELDS
48
NT
2.60
2.40
220
200
120
1.00
.80
.60
.40
.20
240
220
2.00
1.80
1.60
1.40
120
1.00
.80
.60
40
20
OF TREASURY SECURITIES JULY
Based on
Mean
52
•54
of Closing Bid
31,
and Asked Quotations
1945
Treasury Bulletin
66
Average Yields of Long-Term TreaBury and Corporate Bonds
(Faroant par aamai)
P«rtUll7
Tazabla
tax-exas^t
Traaanry
Treaeory
toonda 1/
^onda 1/
Hlgbsrada
ooxporata
bonda 2/
Fartlall7
Taxabla
tax-axaapt
Traaanry
Traaaur7
twnda 1/
bonda 1/
Partially
crada
oorporata
bonda 2/
tax-exefl^t
Traaaury
bonda 1/
Taxable
Traaaxiry
bonda 1/
Monthly aarlaa 2j
2.56
1937-Jan.
3.09
3.2U
3.36
19110-Jail..
3.'*3
2.30
2.32
2.26
2.81
2.79
2.77
Apr..
May.,
i^ma.
2.26
2.39
Jnly.
tag.
Sapt.
2.11
2.11
2.12
2.1)6
Tab..
Mar..
Apr..
May..
Jtma.
2.05
1.96
1.91
2.I18
2.W
2.7U
2.87
2.93
2.30
2.31
2.25
2.85
2.80
2.71
July.
Aug.
Sapt.
1.91
1.92
1.90
2.U5
2.21
2.09
2.01
2.70
2.65
2.59
Oct..
Hot.
1.90
I.9U
1.95
2.1(8
2.12
2.22
2.12
2.57
2.71
2.73
19101- Jan..
1.95
1-93
1.91
2.1(9
2.76
2.75
2.70
ift..
May..
June.
i.gu
2.1(8
Hay..
June.
2.07
2.0U
2.01
July.
Jag..
Sapt.
1.98
2.01
2.02
2.66
2.65
2.SU
July.
2.61
2.57
2.68
Oct..
Hot..
Dae.
1.93
1.90
1.87
19U5-Jan.
Tab..
Mar..
1.81
1-75
1.70
2.38
^r..
May..
Juna.
1.68
1.68
1.63
2.39
2-39
2.35
July.,
1.63
a.3't
rab..
Mar..
2.5lt
if,!..
Hay..
Jnna.
2.83
2.80
2.81
Jtly.
lug..
Sapt.
2.78
2.78
2.82
3.27
3.25
Oct..
I6t..
Bae..
2.82
2.78
2.73
3.26
3.22
3.17
2.69
2.6s
2.67
3.17
3.15
3.16
191tl-Jan..
Tab..
Mar..
ipr..
May..
June.
2.66
2.56
2.38
3.25
}-lk
3.15
^r..
July,
iag.
Sapt.
2.5«
2.57
2.63
3.12
3.10
3.12
2.66
193S-Jan.
Oct..
Hot..
Sec.
3.36
3.31
3.26
2.55
2.56
2.56
3.06
3.02
2.51*
3.oi»
Tab..
Mar..
Tab..
Mar..
Sac.
1.98
1-95
2.06
2.3I4
19U2-Jaa.
Tab..
Mar..
2.10
2.17
2.10
2.U8
2. Us
2.I16
2.76
2.80
2.80
2.77
2.76
2.75
Oct..
Hot.
.
2.3U
2.l»7
Tab..
Mar.,
2.51
2.U3
2.96
2.90
2.87
ipr..
May..
Jona.
2.38
2.27
2.22
2.92
2.86
2.78
ipr..
May..
JUna.
2.07
2.06
2.0lt
2.1A
2.U5
2.U3
July.
Sapt.
2.23
2.27
2.67
2.76
2.79
3.29
July.
tag..
Sapt.
2.0U
2.06
2.08
2.U6
2.U7
2.U6
2.7U
2.73
2.73
Oct..
Hot..
2.60
3.1>»
2.93
2.86
2.09
2.10
2.13
2. 1*5
.2.116
2.1»9
2.72
2.71
2.72
1939-Jan.
ATlg..
2.35
2.U7
Caalcly aarlaa - Saturday flguraa
19l(5-Teb.
172U.
1.77
1.75
1.73
1.73
2.57
2.57
2.56
2.55
3.
10.
WliS-Apr.
.
Sac.
Tab..
Mar..
Sapt.
19l*5-Juna
19l(5-July
3.
1.71
10.
172U.
1.69
1.70
1.70
2.52
2.51
2.50
2.U9
31^
1.71
2.1(9
2.
1.62
1.62
2-53
2.53
1/
2.52
2.52
2.52
I:
I:
7.
9.
1.62
1.62
1.62
1.62
1.62
1.62
2.31*
2. 31*
2.31*
2.31*
2.31*
2.31*
2.52
2.52
2.52
Hay
9.
2.1*9
July
X2.
19.
2.38
2.38
26.
7.
2.54
II*.
2.51*
21.
M.
\l:
16.
17.
18.
19-
lie
2.1(6
2.1*5
2.1(6
2.1(8
2.1(8
2.1(9
2.1(9
2.1(8
l.9lt
2.U9
1.91
2.1(9
1.89
1.90
1.93
2.1(7
2.1(9
2.1(8
2.1(8
2.1(8
2.1(8
2.1(1(
2.1(0
1.6U
1.62
1.62
1.62
2.51
5.
I9l*5-Juiy 12.
2.
2.
16.
23-
2.1*9
30.
Mar.
2.1I6
^
2.U9
2.50
7.
13.
21.
28.
19'»3-Jan.
1.62
1.62
1.62
1.62
1.62
1.63
1.62
1.63
1.63
2.33
191»5-July
21.
^?'
26.
27.
28.
30.
31.
1.62
1.62
1.63
1.66
2.36
September 1945
67-
68
CORPORATIONS
OF
THE
Treasury Bulletin
CERTAIN OTHER AGENCIES
UNITED STATES GOVERNMENT
AND
69
September 1945
Section
I
-
and Certain Other Agencies
Sununary of Assets and Liabilities of Corporations
Of the United States Government
Items,
Table 1.- Summary of Balance Sheet Items, Segregating Interagency
June 30, 1945
(In mllllonB of dollars)
Certain
other
agencies
Certain
other
Corporations
a^nciee
256-5
Llabilltlea (continued)
Aaaeta
Cash 1/.
700.2
t43.7
Deposits »lth OoTerniMnt agencies
350.7
350.7
Loans receivable from Oovernment agen-
8,525.U
Loans receivable from others, lees
serves
5,
Aceouits and other receivables from:
Government a^ncles
Others, less reserves
5*.
8,525.2
u, 603.0
l.'*99.3
9llt.U
698.0
2.506.5
2.'*52.9
37'»-6
6.0
5.3
369.2
structures, and equipment, less
Total capital
5-it
less
75.1*
Other assets 2/Total assets. ..
.
31*0.7
502.3
1,162.5
U7U.U
1.162.5
2,803.7
2.271.U
29.977.9
28,571.6
1,U06.2
178-5
25.852-0
26.030.5
Capital
Total liabilities and capital.
6390
1*60.5
25 .7'H-3
-110.6
26,380.1*
31*9.9
26,030.5
26.839.3
27.1*36-7
56.817.1
29.380-1*
38.1*77.3
3.609.3
3l*,868.0
12,168.7
-12,168.7
Analyala of Inveatroent of United
Statea
'
Paid-in capital
Capital stock and paid-in surplus of
Government corporations
8,15l*.0
I
96.5
12.292.9
20,163-9
reserves
8, 1*91*. 7
12. 16s.
Ouaranteed securities held by Treasury.
Acijuired security or collateral,
6.0
6.0
Private Interests
6.0
5-3
Not guaranteed,
Oth er. less reserve
53.6
United States interest;
Government agencies
Other
Total United states Interest.
1,582.1*
12,168.7
12.168.7
9U1.3
Other liabilities 5/
Total liabilities
1.57p.l»
Investments:
Public debt obligations of United
States
Securities of (jovernmont agencies:
Guaranteed securities - public
Land,
Treasury
Guaranteed securities - public
Issues
Hot guaranteed U/
Others
Guaranteed securities
Not guaranteed U/
2/
Ooomodltles. supplies, and materials ...
Bonds, debentures, and notes payable
to: kj
Government agencies:
Ouaranteed securities issued to
55-5
19.8
Treasury loans to Government corporations
Total investment of United States
22,699.3
-8.337-5
larned surplus 6/ (United States share)
639.0
U60.5
178-5
1.593.3
1*57-5
1.135.8
56,817.1
29.380.1*
27.1*36.7
Book value of United States interest,
including Interagency items
Interagency Items (net), amounts due
to:
1/
Government corporations
Certain other Government agencies..
Government agencies not required to
Book value of United States Interest
after exclusion of Interagency Items.
26,380.1*
12,518.6
13,361.8
-31*0.8
-1*60.5
119.8
-298.3
-298.3
1.52l».5
1,1*52.0
27.265.9
72-5
lU,05l*.0
LiabllltleB
Accounts payable and accrued llabllltle
731.8
1,099-6
697-0
709-2
390.1*
2.71*9.8
2,689.3
2U5.1
60.5
13.6
31*.
Contingent llabilltlea
1.168.7
Guaranteed loans
Trust and deposit liabilities to
Government agencies
Others
Source:
1/
2/
2/
Other
258.7
19l*5Dally Treasury Statement, Mgust 17,
Excludes uneipended balances of Appropriated funde.
assets, and
Consists of accounts and notes receivable, accrued
advances to contractors and agents.
charges, and other
undistributed
charges,
deferred
of
Consists
kJ
f/
6/
1/
728. b
Includes notes for short-term borrowings.
other
Consists of deferred credits, undistributed credits, and
liabilities (Including liability reserves).
Negative figures Indicate deficit.
Indicated.
Negative figures indicate amounts due from agencies
TT
70
Section
I
Treasury Bulletin
Summary of Assets and Liabilities of Corporations and Certain Other Agencies
Of the United States Government - (Continued)
Table 2.- Comparlson of Total Loans Outstanding by Type of Loan for
Recent Quarterly Periods^
(In Blllians of dollars)
71
September 194^5
Section
I
-
Summary of Assets and Llabllltlea of Corp'jratioiis and Certain Other Agencies
Of the United States Governinent - (Continued)
Table 3.- Comparison of L<>ans Outstanding of Each Agency by Type of Loani/
September 30^ 1944 and June 30, 1045
,
72
Section
II
-
Treasury Bulletin
Assets and Liabilities of Corporations and Certain Other Agencies
Of the United States Government,
June 30, 1945
Table 1.- Corporations y
(In mllllona 3f dollera)
September 1945
73
Section II - Assets and Liabilities of Corporations and Certain Other Agencies
June 3G, 1945 - (Continued)
Of the United States Government,
Table 1.- Corporations
1^-
(In millions of dollars)
(Continued)
Treasury Bulletin
7*^
Section
- Assets and Liabilities of Corporations and Certain Other Agencies
June 30, 1945 - (Continued)
Of the United States Government,
II
Table 1.- Corporations ^
-
(In mllllone of doUars)
(Continued)
September 1945
75
Section II - Assets and Liabilities of Corporations and Certain Other Agencies
June 30, 1945 - (Continued)
Of the United States Government,
Table 1.- Corporations!/- (Continued)
76
Treasury Bulletin
Section II - AssetB and Liabilities of Corporations and Certain Other Agencies
Of the United States Government,
June 30, 1945 - (Continued)
Table 2.- Certain Other Agencies
77
September 1945
INTERNAL
REVENUE
STATISTICS
Treasury Bulletin
7S
^
Summapy of Internal Revenue Collections
(la thousands of dollars)
Total
rocelpte
from internal revenue
C Daily
Treasury
Statement)
3.512.852
S.SST.lUO
S.eTU.SlS
5.161,231
.
Tebruaz7
March
IcdiTidual
Corporation
income and
excess
profits
U
18.521
-37.168
30,1*70
-1.133
-19.637
3. 1*91*. 331
U. 6314.308
5.6l(3.gU8
5.162,361*
Bknploysent taxes
Social Security
Total
Income
and
1,1*27.1*1*6
67U.U16
2.179.828
2.629,030
1.091,71*1
1,286,312
738.521
1,056.909
1,299.932
Hi seel-
Total
laneous
profits
taxes hj
eorploy-
509
31.178
Unemployment insurance 6/
ment
687.328
895.336
I.131.5U6
1.290.025
1.307.931
100.658
119.617
156. 008
183.337
lB6.Ug9
136,U75
261,058
38,508
127,81*6
5.9^1
6.966
677
35.1*20
2,937
35.528
33.000
1,028,831*
1.122,51*1
2.129.609
982,017
1,120.582
27.010
833.521
7.351.531*
1,1*17,655
13.029.915
3,262,800
6.629.932
1*.
37.172
56.621
8U.2U1
925,856
1,185,362
Ul,6«it,9g7
1*3,902,002
-36.797
-22U, 755
1.565.1*77
+101 66U
3.U7l.l2lt
8. 006. 881*
16. 298. 888
33,027,802
35.061.526
18. 261. 005
11*,
31*1*
137,1*52
19. 031*. 313
15.883.235
1U3.978
1,738.372
1.779.177
l,98U,6U6
-635.503
2.702,1(86
5.7'te,985
-l»7.863
2.620.11*9
2,750. 31*9
691.71*8
5.057.236
.
1.729. '91
1.712.1*02
U, 1*89, 671
2.016.297
687. 1*62
629,
1,318.91*1
1.31*0.616
1*03.887
1.356,371
3,108,1*61*
366,022
1,E80,U76
2.300,370
-607.262
-95.871
2.1*87.738
2.396.21*0
1,809,766
1,633,189
1.322.758
',9'»5.'*87
679.875
U, 265.612
3.669.61*2
327.870
3.01*2. 1*77
-631.287
-170.735
813.51*0
3.673.76I*
3.02i*,l6i*
3.985.292
5.617.781
3.157.951*
1*. 995. 871*
2.617.322
2.726.523
1,821,017
2,1*07.751
2.1*06.326
1*. 025. 296
1,760,877
1,989,318
1,208,613
2.795.700
3.8lU,557
6,1*31.321
April
M«y
JuB«
2.920.937
-285.266
-352,957
3.031,133
3.273.8S5
5.J8l*,393
71*3.21*5
1*,
July
2,526.623
-631.609
2,71*5,867
61*1, 11*8
1,21*1*.
6.663
5.96"*
2**.
835
1*8
58,119
90.267
101,167
106,123
2,185.111*
9.581*. 715
7i*0.i«29
1,1*98.705
216.672
3.353
8.501
6.836
I3i*.095
125.1*70
21*3.026
199.507
26.81*9
36.981
3,101*
5.688
7.991
877
1*01,817
1*25.366
5.026
6.065
102.795
3,161,712
13.11*5
61.571
71.268
263
5.789
106,572
3.362
637.651
9.221*
l*,931
9.885
20.983
106.510
296.726
1*1*. 020
99.916
1*07,123
256.311*
l*.U2g
10.330
1.129
125.1*71
117.656
5.093
1*78.507
382,066
922
287
3,311*,
2,21*1.907
61*6.
UU3
1/
207.339
502.918
529.836
605.350
265.71*5
71*2.660
5.322.771
22.368.721*
110,119,510
'*3. 800. 338
Railroad
retirement
1|8
11*.
10.1 1*1
7.361.675
12.993.118
22.143,969
i-January
Total
Internal
revenue
eollsctlont
1*2,786
33.71*0
5.303. 13't
October.
KoTember
December
Income and profits taxes
Adjustment
to Daily
Treasury
Statement
317.1*12
191*.
30.021*
287
11*9.1*76
109.1*27
122,01*8
137.871
170,1109
211,151
265.011
281*. 758
2.688
31*. 1*78
1,502
16.577
52.1*19
1.663
30.082
38.1*61*
Mltcflllaneous Internal revenua
Total
nlflcellfuieoua
Internal
1/
2/
i/
1*/
Alcoholic
beverage
taxes
retalleri
excite
taxes
91*. 91*3
378,81*0
137.1*99
139.3'*9
1*16,871*
2,359.61*1
127.203
132.739
2.95U.553
3.837.670
166.653
281,900
1(07,
U32,5lio
1,01*8.165
'i.571.131
328. 795
1*1*7,1*96
5.353.336
380.702
371.999
511.210
61*3.055
2.309.
183
776.889
529,058
128.357
1*7,687
193. 918
62,670
35.310
201,911*
182,761
86,022
77,507
51*3.877
18.61*0
520,025
558,989
36U
311
38,520
31,707
196.077
203.75^
51*6,806
(-21)
509.926
560.337
63"*
29.170
500,785
551.923
567,777
360,715
360,071
505. 2U3
593.831
567.669
587.605
579.781*
1*6,233
1*1,083
621*, 061*
608.073
38,681
0S8
819,869
39.057
l.l*23,ll«0
697.712
780,792
923.857
1.618.01*5
988,1*83
861*
932,11*5
209.939
77.31'*
305. 5U8
68.990
69.919
Ul , 702
'*5.155
379. 5'w
Miscellaneous
taxes
76.173
1*1*9,851*
80, 161
1*16,75''
117,502
396.891
UU7.088
11*3.51*0
617.373
852.069
670.015
206,831
732.332
l,075.uoi
1,206,616
1,1*30,1*28
211»,068
U. 1*1*8
71,586
87,679
81*, 763
77.521
81,180
5.3U5
91*.
656
95.259
113,119
102,617
5.233
5.591
5.11*2
201.1*61
70,601*
U.893
119,51*2
112,1*88
1*09
89.153
170.878
73.621
5.718
5.893
5.5U6
116,579
2l*7
78,1*50
66,oI»7
90,376
89.755
116,530
1*09
(-67)
261
10l(,92l*
(1) Total receipts from Internal rerenue:
75.1*73
171.062
190.852
67.625
83.025
93.230
5.U35
5.983
6.300
96.517
116.192
103.697
100,350
298
61,807
1*9,321*
198,335
83.658
5.870
120,739
228,001*
61*,
180. 16I*
Dally Treasury Statenents:
(2) Detailed collections by type of tax:
Heports of collections made
by collectors of internal reTeoae.
Ixcludes collections for credit to certain trust accounts for territories and insular possessions, etc.
Includes collection of taxes withheld by employers pursuant to the
BeTsnue Act of igUs and the Current Tax Poyuent Act of I9U3.
Includes income tax collections on Alaskan railroads.
The excess
profits tax included In this column is that imposed under the
Second HeTenue Act of I9U0. as amended.
Consists of the declared Talue excess profits tax. the profit llait-
62.323
115.099
206.1*08
19U.59I*
570.81*2
taxes
139. 09U
1*9,690
115,91*6
10lt,199
adjxiatment
1*00,501
728,691*
50,800
65,528
Agrlcul tural
11*8,925
1*9,295
37. 1*1*5
516.871
571.832
790.851*
ce:
Estate and
gift taxee
2.188,735
2.272.158
2.236,821
751*.
April.
May...
Jnne..
toclc
tax
2.001*, 513
6.959.
October.
HoTember
Deceober.
Ciqiltal
121,21)6
115.686
ln« proTlslons of the Vinson Act, and the tax on unjust enrichment.
5/
6/
2/
8/
Sepresents colloctions under the Xederal Insurance Contribution!
Act commencing September 1939; prior thereto, collections under
Title Tin of the Social Security Act.
Bepresents collections under the federal Unemployment Tax Act
commencing September 1939; prior thereto, collections under
Title II of the Social Security Act.
Hepresents collections under the Carriers Taxing Act of 1937.
Includes tax collections under the Sugar Act of 1937 and under
the dlTidends tax imposed by the Act of June 16. 1933-
79
September 1945
COLLECTIONS OF INTERNAL REVENUE
1931
Individual
32
33
34
'35
'36
'37
'36
39
40
Income Taxes
'42
'41
43
44
45
'46
Corporations Income
and Excess Profits Taxes-"
--II
1931
1931
Illll t
'33
'35
-37
'ii
'41
•43
'45
Treasury Bulletin
go
Detailed Analysis of Internal Revenue Collections i/
(In tboosands of dollars)
First month
liVi
Income and profits taxee:
Individual
Withheld by employere:
Currant Tal Payment let of 191*3 2/
SevenM Act of 19te
19U5
I
7.038, U3«
10,263,1*18
1,21*9.298
78lt.997
802
961
Other:
Current 2J
Back
8,567.11*7
202,91*7
_182i.
Total LndlTidual Income taxes
Corporation:
Income taxes:
Currant
Bade
^
Szceee profits taxes (Second Reremie let of I9I4O1
as amended)
Total corporation taxes
Mlscellaneoue profits taxeet
Declared Talua
Vinson let
Unjust enrichment
'1,762.71'*
1*,1<21,682
92,5'*9
521,1*31
1*58,031*
a, 807
^<
•
Estate tax
Oift tax
llcoholic beverBge taxes!
Distilled spirits (in^ortedi excise)
Distilled spirits (domestic, excise)
Distilled spirits rectification tax
Wines, cordials, etc. (ii^orted, excise)
Winee, cordials, etc. (domestic, excise)
Brandy used for fortifying sweet vines (repealed
as of July 1 igllO)
Dealers in distilled spirits; rectifiers; nanufacturere of stills (special taxes)
Stance for distilled spirits intended for Kcport.,
Case stacks for distilled spirits bottled in bond.
Container stasis
rioor taxes.
Fermented malt llqoors
Brewers; dealers In malt liquors (special taxes)..
.'
,
.-
bevera^ taxes
Tobacco taxes:
Cigars (la>:ee)
Cigars ( aaall)
Cigarettes (large)
Cigarettee ( small )
Snuff
Tobacco (chewing and smoking)
Cigarett e papers and tubes
Leaf dealer penalties, etc
Cigarette and cigar floor taxes
'
Total tobacco taxes
Stamp taxes:
Bonds, issuee of capitel stock, deeds of conveyance, etc
Transfers of coital stock and similar interest
sales
Playing cards
Silver bullion sales or transfers
Total staiDp taxes
21,807
160,951*
56,0110
92.51*9
'^it
289.531
1*29.1*1*9
289,531
1*29,1*1*9
1103.887
61*6,1*1*3
1*03.887
61*6,10*3
IU3.798
6,661
i'*3.978
6.663
35,061.526
1.729. '*91
2,2la,907
1.729."*91
1,290,025
1.307.931
127,81*6
117,656
127,81*6
l,l*9l*,l*20
133.787
5.0'?3
122,71*
117.656
5.093
I.U73.361
133.787
122,71*9
6,661
2^
265.011
281*.
758
,
Mlecellaneoua internal rereniiet
Capital stock tax
8.131* r
318.390
19.223
1.318.9'H
6,663
186. l*ffl
Ballroad retirement 2/
Total employBsnt taxee
961
131.516
9.3'»5.198
Total Income and profits taxes
.'
3I8.39O
19.223
lU,629,3'*'*
137.1*52
• •
8,131* r
19.03l*,313
U3U
Anploynent taxes:
Social Security taxes:
Old-age insurance 2/
UneiDployment insnrsnce 6/
Total Social Security taxee
131.516
Ig,z6i,oo5
136. 9S0
39
Total miscellaneous profits taxes
Total alcoholic
1*/
1,21*9.298
380,702
371.999
U73.U66
596.137
37.71*5
1*6.918
286.871
611, 835
1,281*, 613
18.871*
32,5^
199.691
1*,027
2,122
30,068
1*5,269
2,21*1.907
2.6se
2,722
2,688
2.722
136.U75
125,1*71
136. U75
125,1*71
10l*,92l*
"16.709
1|8,095
10l*,92l*
"*6.709
I18.O95
JIL.
22,668 r
76,779
1.779
300
3.058
9.711
US. 628
2,61|1*
27
2,81*3
22.668 r
76.779
1.779
300
3.058
9.711
U5,628
2.6l*U
27
2.81*3
12
8.109
3.306
3.35"*
2
1.369
8,516
1*
108
1,129
36,638
62.715
3.35"*
3.306
1*
1*
70
815
115
70
815
115
61.935
1.237
559,152
3.375
11,213
^83,3U3
638,682
3.130
1.618,01*5
2,309,861*
198.335
198.335
30.152
107
36.5^3
8»
695
836,058
7.751
2.588
2.588
85,831*
903.958
7.692
1,1)06
:
61.935
1.237
1.129 p
36,638
62,715
l,lio6
5
5
102
102
76,35"*
76.351*
57U
3.833
57"*
3.381
69
3.833
201
77.31"*
83.658
l*5.2f9
l.l6i*
1*9.57"*
988.1*83
932.11*5
n.31"*
83.658
852
7.U93
2.291
2.556
2,291
2.556
52l*
521
52l*
5.870
5-233
1.390
26,21*3
17.096
7.'a'»
!*L.
2.1*17
21*.
25_
65.528
(Continued on following page)
5-Z33
September 1945
61
Detailed Analysis of Internal Revenue Collections^/ - (Continued)
(In thouaandi of dollare)
First month
July
I9U4
FlMSl
IS^
MlscellaneouB internal revenue (continued)!
Manofacturere' and retailers' exclee taxse:
Lnbrlcatlog oils
Gaaol Ine
Tiree and tubes
Floor taxes on tires and tTibee
Ao.tomo'blle trucks and buses
Other automobiles and motorcycles
Parte and acceseories for automobllee
HLectrlcal enersr
Electric, gas, and oil q^pllances
Hlectrlc light bulbe and tiibee
SLectrlc eigne (repealed as of ll/l/US)
Radio sets, phonographs. cosQ^onentst etc
PhonogT^h recorde
Musical inetruments
Mechanical refrigerators, alr-condltlonere. etc..
Matches
Floor taxes on matches
Business and store machlnee
Furs - retailers' excise
Jevelry - retailers excl se
Luggage - retailers' excise (effective k/l/^)
Lu^age - manufacturers' excise (suspended as of
'
.
.
kf\/Uk)
Optical equipment (repealed as of ll/l/Uz)
Photographic e^iparatus
Eubber articles (repealed as of II/I/U2)
Sporting goods
ToUet preparations - retailers' excise
Washing machines (repealed as of U/l/US)
Fireaims, shells and cartridges
Pistols and revolvers
Repealed taxes not listed above
Total manufacturers' and retailers' axBlse taxes.
Miscellaneous taxes:
Bituminous Coal Act of 1937
Sugar Act of 1937
Telephone, telegraph, radio, and oable, leased
52. "tr;
271.217
1*0,309
19U5
year
19U5
92,865
U05,563
75.257
5.U73
22,2lU
5.852
13,6UU
39.518
8.925
22,2lU
5,852
25
3.2't7
1,222
31.551
51.239
5.027
5.36«
255
20,8U7
U9!ui|0
57.OOU
12, 060
3.760
58.726
113.373
8.3U3
11,035
55
U.753
2.015
927
1.637
9.3U9
U
10,120
79.U18
18U,220
73.851
'*.777
6
3.1»02
1,889
fs
2.1|06
8,671
55
,
8
73
11.907
295
2,U9S
UU,790
19.288
228
U,2Ug
l.o6i
37
3.132
91
728, 694
86. 6w
660
IU3
2,900
U,256
1,U18
538 r
U
282
125 r
US
197 r
623
U,087
76U
660
IU3
2,900
U,256
1.UI8
538 r
36$
197
103
208
750
282
125 P
U8
197 P
623
778
5.909
U.lUa
1.572
U
I.2U8
2,9UO
16,780
6.76U
I.UU3
11.771
5.568
5,'5S
7
1
1,122
3.6S1
1,122
7
30U
5.908
U
375
30U
5,908
u
375
71.586
71.586
5
3L
1,206,616
l.it03
68,789
73.29U
U,966
lUl.275
90,199
15.851
153.683
15,32U
8.7U6
1,120
352
6.59U
178.563
26.726
9.182
2,208
I8.U75
208,018
133.569
16,286
Z3U.182
221.088
128.701
336
7.311
300,589
56.877
IU.160
U,i6o
19.100
18
U,08U
779
7.190
16
5.903
756
6,208
16
201
180
1. 075.1101
1,U30.U28
21U.068
5.353.336
6.959. 63U
75't.l83
Total internal revenue collections
140.119.510
U3. 800. 33s
2.620.1U9
Adjustment to Dally Treasui? Statemant.
*1.565.U77
+101, 66U
-635.503
-631,609
-635.503
Total recslpts from internal rersmie (Qaily Treasoxy
Statement)
Ul.68U.987
U3, 902,002
1.98U,6U6
2,526,623
1,98U,6U6
wires, etc
Local telephone service
Transportation of oU try pipe line
Transportation of persons, seats, berths
Transportation of property (affectire 12/1/U2)..
Use of motor vahlcles (effeotlrs 2/1/U2).... ....
Use of boate (effective 2/1/U2)
Leases of saf&-deposit boxes
Admissions to theaters, concerts, etc
Admissions to cabarets, roof gardens, etc
Club dues and initiation fees
Bowling alleys, pool tables, etc
Coin operated devices
Adulterated and proceesed or renovated butter,
mixed flour 8/ and filled cheese
Oleomargarine, Including special taxes
Harcotica, including marihuana and special taxes
Coconut and other vegetable oils processed
National Firearms Act
All other, including repealed taxes not llstsd
abo
Total miscellaneous taxes.
Total mlscellaneouB Internal revenue-
Sotirce:
r
*
1/
2/
215,>lS8
1314.326
Dally Treasury Statements; (2) Detailed collections ^7 type of tax: Baports of collect iona made by collectors of Internal revenue.
Revised.
Lees than $500.
Excludes collections for credit to certain trust accounts for
territories and insular possessions, etc.
Consists only of collections for which returns have been filed
with the Collector of Internal aevenue. Collections under this
act as shown in Daily &easury Statements consist of withholdings
deposited in Oovsnuoent depositaries in addition to payments accotapanylng ret'oms filed with the Collector of Internal Eevenue.
(1) Total receipts from internal reranoe:
;
6.123
U,966
a.U97
15.32U r
8,7U6
1,120
21,UU9
20,085
98,8U8
IU3
13.58U
1.328
a,uU9
20 ,068
20,085
98,8US
1U3
696
26.258
5.086
88U
1.U81
7.356
20.690
98,U7U
132
733
27.517
5.815
i.ugu
1.U99
7.U08
996
128
i,03U
996
128
•77
7
790, 85U
75"*. 183
696
26,25s
5,086
88U
l.USl
7.356
58
1*77
7
au,o68
2,620,lU9
Current collections consist in general of taxes paid within twelve
months after the close of the taxable year for which the return was
fUod.
Current individual income tax collections for the fiscal year
19U5 include payments on unforgiven portion of 19U2 tax, due
March I5, I9U5, of $308,605 thousand for the period Jannary 1, 19U5
through ipril 30, 19U5.
Bepresents collections under the Federal Insurance Contributions Act.
Represents collections under the Federal Uneniployment Tax Act.
R^resente collections under the Carriers' Taxing Act of 1937.
Tax impossd \:^on the manufacture and sale of, and ths occi^ational
tax on, mixed flour repealed as of November 1, I9U2.
g2
MONETARY
STATISTICS
Treasury Btilletin
September 1945
83
Gold Assets and Liabilities of the Treasury
(In
mllHona of dDllare)
of calendar
year or month
fiid
Sold eartlfIcatee 1/
1936.
1937.
1938193919MO.
11.257.6
12,760.0
14,511.2
17,643.4
21,994.5
1941.
1942.
19^31944.
22,736.1
22,726.3
21,937-8
20,618.
Gold reserve
against tj. S.
notes, etc. 2/
Xxchange
Stabl Illation
»und 1/
156.0
156.0
156.0
156.0
156.0
1,800.0
1,800.0
1,800.0
1,800.0
1,800.0
341.9
1,591-6
682.4
408.9
213.2
18,497.4
156.0
156.0
156.0
156.0
1,800.0
1,800.0
1,800.0
1,800.0
158.4
160.7
165.4
8.959-6
9,a2.3
11,872.8
15,278.6
19,825.4
20,564.8
20,611.9
19,8a.O
163.0
157-9
168.3
20,995-9
20,926.3
20,825.1
18,876.9
18,812.4
18,700.7
156.0
156.0
156.0
1.800.0
Septea^er
October.
November.
December.
20,726.7
20,688.4
20,618.8
18,605.1
18,581.1
18,497.4
156.0
156.0
156.0
1,800.0
1,800.0
1.800.0
165-5
151.2
20,549.8
18,426.0
18.398.3
18,313.6
156.0
156.0
156.0
1.800.0
1,800.0
1,800.0
167.7
151.6
149.0
18. 259.
18. 163.8
156.0
156.0
156.0
1,800.0
1,800.0
1,800.0
157-8
150.4
150.3
156.0
1,800.0
163.
1944-Juiy
ia^st ....
.
1945-Jannapy
.
Tebmazy.
March
20,J06.0
20.418.7
Iprll.
Hay...
June.
20,373-6
20,270.2
20.213.0
July p.
20.152.3
ca:
p
1/
Bally rreaeury Statements,
Preliminary.
Comprises (l) gold certificates held by the pablle and In Federal
fieserre Benks; end (2) gold certificate credits In (a) the Oold Cer-
Treasury Gold Receipts
(In millions of dollars at $35 P«r fine oonce)
18,106.6
2/
ll
l,8W.O
1,800.0
165.1*
tificate !bnd - Board of Oovemors, I^ederal Eeserve System, and
(b) the Redemption ^tnd - T^deral BeservB notes.
Seserve against United States notes and Treaanry notes of 1890.
ZxcludBs gold In active portion of Ixchange Stabilisation rimi.
Treasury Bulletin
Sk
Components of Silver Monetary Stock
(In
llllona of dollars)
Silver held In Treaamy
surer bullion
surer ontelde
Treaenry
Secorlng ellTer
certlflcatoe 1/
Xnd of calendar
year or month
Subsidiary
coin 2/
Sllror dollari
505.7
503.7
502.7
aurer
Bullion for
recolnago J/
dollar* 1/
19110.
19U1.
l.lt76.1
U8>t.l
19'12.
1.516.2
1.520.0
1,520.1
U6e.}
19U3.
19IA.
19¥*-July
An^oat
SeptsBber.
1.520.1
1.520.1
1.520.1
387.6
385-8
383-7
20. >t
1.520.1
1,520.1
1.520.1
381.8
379-5
376.5
11.9
10.2
12.5
March
i.Sao.i
1.520.1
1.520.1
375-U
374.0
372.1
IU.8
14.0
9-9
393.8
391.0
378.2
ipril.
May...
June..
1.520.1
1,520.1
1.520.3
370.6
368.7
366.8
ao.2
27.0
2U.2
36U.3
332.3
32U.5
July p.
1,57"*. 6
365.5
288.11
October. .
Borember.
Deceaber.
igUj-Januarjr.
February.
ce:
p
•
1/
5-7
1*99.0
U9U.6
too.)*
376.5
2.1402.3
52.5
63.0
78.8
96.8
117.5
U93-5
587.3
68U.7
771.6
U,2>4lt.g
729.'*
U3.It
5.>»
3-5
5-3
2-3
535-3
liit.U
616.
657. M
U8.1
3-5
9.2
lU.U
12.5
662.3
628.2
2^^5:6
21.2
15-1
Dally Treasury Statoients and Circulation Statsaenta of United
States Mon^.
Preliminary.
Lass than $50,000.
Talned at $1.29''' per ounce.
2/
2J
Subsidiary
coin 2/
350.U
366.9
372.8
39U.I
U22.U
3'»7.7
775-9
938.8
1.137.6
1.298.2
1.398.1
1936.
1937.
193«1939.
Total allTsr
at $1.29
per ounce
Pmd
In Oeneral
2.8
1.1
'A3 -9
"31.6
.9
l4Sg.9
106.8
108.6
110.6
Uao.i
112.5
1*11.9
I405.6
lllt.8
2.»6.5
3.3W.8
3.790.2
060.0
It,
It.
317.6
'».207.3
3.870.6
739.1
3.938.3
3.910.1
3.905.9
117.5
750.3
762.1
771.6
3.889.0
3.876.5
3,870.6
Ug.£
TTS."*
3,8ltl.l
120.0
121.9
773.3
779.9
3.833.6
las-u
125-3
127-1
7«6.2
795.8
801.6
3.777-7
128. U
813.8
3.6U3.9
3.800.
3. 701*.
3.685.8
Talued at tl.38'> per ounce.
Talued at $1.38'» per ounce or at $1.29 per ounce according to
whether the bullion la held for recolna^ of subsidiary sllTar
colna or for reoolnage of atandard allver dollara.
Silver Production In the United States and Silver Acquisition by Mints and Assay Offices
^
(In ailllons of ounces or dollara)
Sllrer
production
Sllrer acquired by mlnta and aaaay offlcea
Hevly alaed domestic
allrer 2/
63.lt
1936.
1937.
1938.
1939.
n.3
61.7
63.9
68.3
19110.
71.1
55.9
19'H.
I9U2.
I9U3.
lie.8 r
19itU.
Shit
61.1
70.6
61.6
60.7
68.3
18.5
70.5
U7.9
5.5
50.1
3U.0
3.9
Hatlonallssd
allrer J/
Toralgn allrer kj
271.9
2U1.5
355.H
282.8
139.8
<«\
llO.l
72.6
lU.3
150.3
3113-3
197.8
163.3
199.1
160.6
208.0
99.>»
IU3.I
62.1
5-5
77.2
Uo.o
3.9
333-'t
108.
312.2
156.9
120.5
50.9
1*17.1
2.9 5/
July
AU£Uat ....
September.
3-5 5/
3-1 5/
2-3 i/
October.
BoTsnber.
Deceaber.
2.9 5/
3-1 5/
3-2 5/
.
19>t5-Jaauaiy...
february.
March
iprll
2.6
2.2
2.8
MW
2.9
3.2
June
1-7
surer production: iasual Beporta of the Director of the Mint for
annual flgorea throng 19ll't. releaaea of imerlcan Bureau of Metal
Statistics for all latsr figures.
Rerlsed.
Less than 50.CXX) ounces or $50,000.
?or Information on sllrer production In other countries from 1933
through I9I1O or 19UI, see "Treasury Bulletin" for August 191*3.
page 71*.
Acquired at 6U.6U4. cents per fine ounce until April 9. 1935: •'
71.11'^ cents per fine ounce from that date until April 23. 1935: at
77. 57'' cents from April 23, 1935 to December 31. 1937; at Sk.ik*
cants per fine ounce from SeeaBber 31> 1937 to JUy 1, 1939; end at
71.11'» eenta alnce July 1, 1939.
Acquired at 5O.OI centa per fine ounce, becutlre Proclaaatloa of
Anguat 9. 193>t. repealed April 28. 1938.
Acquired at rarloua prlcaa areraglng approximately 5I cents per
ounce.
Monthly figures for sllrer production In the United States during
the calendar year 191*1* are orerstated by 0.9 million ouncee.
Although It Is not possible to apportion this amount by months, the
total 0. 3. production figure of 37.1* million ounces for I9UI1 Is
correctly statsd.
September 1945
85
Seigniorage on Silver
(Cumulative from January 1. X93U - In
bullion revalued 1/
Potential
elgnlorage on
(Incl. ailvar
bullion held
June IM, 193U)
193"
1935
1936
1937
1938
1939
1*8.7
igto
igui
19U2
I9't3
19UU
18.5
U6.1
63.7
69.5
91.7
Ug.7
122.2
182.1
2U5.7
299-6
362.3
li8.7
326.2
87.6
87.6
87.6
65. u
16.8
36.0
58.0
7U.9
87.3
ita-7
U8.7
U8.7
118.7
87-6
87.6
87.6
87.6
87.6
ke.7
I48.7
U8.7
Ug.7
25.7
us.
63.6
65.3
65.
September.
336.7
W.7
W-7
M.7
October. .
Hoveaber.
December.
3U2.g
351.3
362.3
Ug.7
Ug.7
Ug.7
87.6
87.6
87.6
65.U
65.U
365.8
367-7
369.1
US.
Ug-7
U«-7
87.6
87.6
87-6
65.U
e;.u
65.U
380.1
U8.7
U8-7
Ug.7
87.6
87.6
87.6
65-u
65.U
65-5
19W*-July
33?-
19U5-Januar7
February
Karch
. .
.
April
Hv
39't.O
wo.o
65-u
65.U
65.
1/
•liver bullion
at coat In
General Pund 2/
(Proc. of
Aug. 9. 193't)
51-1
28-5
226.2
302.7
366.7
U57.7
530.7
3't.5
562.7
580.
3U.7
3U.7
3U.7
58U.3
58U.3
58U.3
3U-7
3U.7
508.
616.0
705-6
3i'.7
759.
799-7
818.9
820.6
820.7
3l'.7
31-7
58U.3
58U.3
58U.3
3l'.7
58U.3
58U.3
5«U.3
3U.7
5g''-3
3''-7
58U.3
58U.3
3t-7
5gU.3
128.7
326.2
Ui2.1
3'»-7
3it-7
3U.7
31*.
7
3'».7
3''. 7
I.055.S
1,089.0
l.OUg.2
967.3
717.3
820.7
820.7
820.7
781.8
820.7
820.7
820.7
7U1.1
728.3
717.3
820.7
820.7
820.7
697.3
692.5
670.9
6U6.2
589.2
575.0
5*-3
3^-7
820.7
820.7
5gU-3
3''.
820.
3't-7
132.6
27U.9
397.5
5U1.6
758.8
950-6
760.
756.7
65.5
July
Source:
Nationalized
Nevly-aloed
silver (Proc.
'liver (Act
Dec. al. 1933) Jul7 6. 1939)
Hevly-ffllned
liver certificates.
Dally Treaauiy Statemente.
These Items represent the difference between the cost Talu
the monetary value of silver bullion revalued and held to
2/
The figures in this column ars not cumulative; as the amount of
bullion held changes, the potential seigniorage thereon changes.
Net Capital Movement to the United States, 1935 through April 1945
[in thousands of dollars.
Set capital outflow {-)]
et capital movement
Movement la
short-term
banking funds
Calendar year:
2,
1935 (Jan.
1936 (Jan. 2.
1937 (Dec. 31.
1938 (Dec. 30,
1939 (Dec. 29.
I9U0
I9U1
I9U2
I9U3
I9UU
19U5
(Jan.
(Jan.
(Jan.
(Jan.
(Jan.
(Jan.
Movement in
brokerage
balances
Movement in
transactions
in domeetio
eeurities
Movement In
transactions
in foreign
securities
1935- Jan.
1.1936)
1936-Dec. 30. 1936)
1936-Dec. 29, 1937)
1937-Dec. 28, 1938)
1935-Jan. 3, 19UO)
l.Ul2,Ug6
1.195,922
g01,915
U15,256
1.195.635
96U,629
397.3^2
255.59"
331.268
1.132.3»3
6,039
6,811
3",6g7
3"
32.990
316,660
600,693
2UU,626
57.196
-85,Ua7
125,158
191.076
267, OOg
26.75«
115, 6g9
3I, 19U0)
3I, I9UI)
3I , I9U2)
706, 3gO
-U96.923
1,
3I, I9U3)
3I. I9UU)
19'»5-J*r- 30. I9U5)
852.928
-286,622
561,575
1.16U,758
UU.39U
3gU.62U
20,358
-U9
3,513
13.372
8,529
",088
-2U5,062
-261.955
"6,599
27,767
210.735
-109.330
78,156
51,703
-7.36"
77.696
93. "96
U2,22U
1.
6oU,321
1,283,593
357. 15U
321,606
1935-^-
7.797.3'»5
5,802,871
130.372
802 502
I.U05
-5.U38
76U
1,038
1,151
-"7,329
-1,289
1.616
-7"7
-36,215
17,UgO
-9,953
-116,872
10,53"
-57,289
650
2.313
2. Wis
28, "5"
29.275
70.296
-5^,773
26.852
76,2ue
-229,521
".911
-2,lUl
1,295
17«.''1S
-"72
-5,965
-2.808
-6" .055
-2". 388
7. "67
-:i.7"i
19U0-Dec.
19Ul-Dec.
19U2-Dec.
1, 19U3-Dec.
1. igUU-Dec.
U.
1,
Total (Jan- 2,
30,
l')'*3)
Month:
igUU-Aprll
May
July
August
September
October
November
December
•
19U5-Jenuary
February
March
April
Back Figures: For monthly data for the period January I9U1
through June 19U2, see "Treasury Bulletin" for
September I9U3, page 73.
157. 'W5
153,895
122.225
-16,298
17". 973
11.310
.
1.2"5
-2.123
26,572
","i2«;
76.013
3. SSI
16.569
-2,061
-3,,'3"i
6,513
Treasury Bulletin
86
Money In Circulation
(In Blllioas of dollari)
End of fiacal
7«ar or month
Total
money in
Blrculatton
Total
pi^er aeaogr
1/
SllTar
cartlfleatai
2/
6.2U1
1936
1937
1958
1939
I9UO
Oold
cortlfIcatoi
5.755
5.92U
e.UltT
£.lt6l
Traaaury
notes
Federal
Reaerva
no tee
of 1890
2/
101
955
1.078
1,230
I.U5U
1.582
7. OUT
5.93't
6.1188
7.8U8
7.2U8
191*1
9.612
12.W3
8.932
11,600
1.71't
19'»2
igui
n.Un
l6.lt92
\:^
1.588
1.651
262
266
2U8
300
317
322
322
323
126
120
590
587
582
125
125
125
569
560
12U
12U
123
26,
TW
25. Sin
22.699
23.292
1.578
1.582
1.586
322
323
18,951
19.527
20,017
1.592
I.60U
1.611
32U
325
20,631
a, 200
3a
a, 1*82
23.79'»
October. ..
NoTeaberDecember.
2U,U25
25.019
25.307
23.875
2».151
19U$-January.
Tebruaiy..
March
25.290
25.751
25.899
2U,1M0
2U,729
1.561
1.583
1.589
316
320
320
April
26,189
26,528
26.7U6
25.009
25.331
25.5'H
1.593
1.652
1.651
321
322
323
.
.
.
Majr
Jxine
J\ily
p
.
2't,593
32'*
150
139
18,750
22.867
22.50U
.
269
217
186
165
5SU
597
527
T"*?
19l4l*-J\il7
September
^
366
6,68U
9.310
13.
19U!t
A\]^;uat
^
National
bank
notes
U,002
U.169
U.llU
U.USU
5.163
19'»5
21.622
22,200
22.688
rederal
Reaerve
Sank
notea
123
122
122
55'*
550
5"^*
22,381*
22.651
22,867
537
533
527
23,1'*2
. .
Money in
circulation
par capita
End of fiecal
year or m<>nth
(In doUart)
1936
1937
1938
1939
I9U0
1*86
316
523
527
558
599
m
3U2
361
\H6
*?'
169
n
381*
I9UI
191*2
19l»?
191*1*
19U5
19llU-July
Au^at
.
.
Septembei
783
92?
1.066
1,205
103
125
1.077
1.092
1,106
105
107
109
$ US. 60
U9.88
U9.62
53-72
59. U7
19U
213
236
263
292
127. 6U
168. U9
725
266
269
272
738
751
758
276
280
282
180. 52
8l»
707
716
72.16
91.88
163.07
191.86
16U.3U
October.
RoTenbar.
December.
1.125
19l*5-January..
Pabruary.
March. .
1.150
1.158
1.170
117
118
120
751
757
765
282
283
285
181.95
185-15
186.11
April
May
June
1.180
1.196
1.205
122
123
125
772
78U
788
287
290
292
188. C8
190. Ul
1,221
126
799
296
I9U.32
.
July p .
Source:
p
1/
.
l.llli*
1.156
Circulation Statamente of United Statea Money and Annual Report of
the Secretary of the Treasury for I9UU, pages 77U-777.
Preliminary.
Ixcludes (1) money held by the Treasury. (?) money held by or for
the account of the Tederal Reserve Banke and their agents, and (3)
coin estimated to be held outslds the continental limits of the
2/
^
176.39
182.19
191.86
United States.
Includee paper currency held outside
nental limits of the United States.
Gold certificates and Treasury notes of I690 in circulation are
being canceled and retired upon receipt by the Treasury.
Federal Reserve Bank notes and National bank notes are covered by
depoelts of lavful money and are In process of retirement.
PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OP POSTAGE, taOO
UNITED STATES
TREASURY DEPARTMENT
OFFICE OF THE SECRETARY
WASHINGTON25,D.
C.
OFFICIAL BUSINESS
PERMIT NO. 1002
FORM A-9/45-2000
FCp/ICTORY
^r^^S
>^W^«
UNITED
STATES
flff^
WAR
if/^^ONDS
Treas.
HJ
10
.kl
1945
C.2
U.S. Treasury Dept.
Treasury Bulletin
@FedFRASER