Full text of Treasury Bulletin : September 1953
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FMEAmmy.
MmiLiEmN
SEPTEMBER -1353
UNITED STRTES TRERSURV DEPRRTMENT
OFFICE DF THE SECRETBRV
September 195)
Table of Contents
Page
Treasury financing operations
A-1
Summary of Federal fiscal operations
1
Budget receipts and expenditures
2
Trust account and other transactions
5
Treasury cash Income and outgo
7
Debt outstanding and general fund
10
Statutory debt limitation
I3
Debt operations
ll|
United States savings bonds
I9
Treasury savings notes
23
Ownership of Federal securities
2h
Treasury survey of ownership of Federal securities..
26
Market quotations
34
Average yields of long-term bonds
37
Internal revenue collections
39
Monetary statistics
14.3
Capital movements
I17
Cumulative table of contents
60
Note:
In those tables In which figures have been rounded
to a specified unit, all calculations (Including
percentages) have been made from unrounded figures.
Consequently the details may not check to the
totals shown.
Treasury Bulletin
Announcement
Effective with this Issue of the "Treasury Bulletin", certain
ohangea are being made to accord with changes In the "Dally Statement
of the United States Treasury*, as announced In connection with the
July 1, 1953, leeue of that publication. The special Bulletin tables
under
relating to the social security program (former Tables
7-9
"Budget Receipts and Expenditures" and 5 - g under "Trust Account
and Other Transactions" ), will be published quarterly instead of
The corresponding Information
"Dally Statement of the United States
monthly, but will carry data by months.
will be omitted from the
Treasury".
Balance sheets of Gtovernment corporations and agencies likewise
will be published quarterly In the Bulletin and omitted from the
Dally Statement.
The full detail formerly presented in the Dally
Data on Income and
Statement will be carried In the -Bulletin tables.
expense and source and application of funds for these corporations
and agencies will continue to be published In the Bulletin at six-month
Intervals as before.
Among other changes effective with this Issue of the Bulletin
are
Summaries by months will be published at slx-montb
Intervale Instead of each month for budget results, cash operating
Income and outgo, general fund balance, and debt outstanding (former
the following:
Tables
6
under "Budget Receipts and Expenditures", 6 under "Cash
Income and Outgo", 2 undei "General Fund of the Treasury", and S under
"Debt Outstanding").
However,
the detailed tables from which these
BUBunarles are compiled will be continued each month as heretofore.
Also,
the net change tables for debt outstanding will be omitted.
In
3 on sales and redemptions of savings bonds, the sales and
redemptions by series for savings bonds of Series F, 0, J, and K will
be omitted and only their combined amounts will continue to be shown.
Table
.
September 195?
Treasury Financing Operations
Refunding of September Bond Maturity
On August 28, 1953, t^e Treasury Department
announced the offering on September 2 of an Issue
of one-year 2-5/S percent certificates of Indebtedness and an Issue of 3-l/2-year 2-7/8 percent
Treasury notes.
The new Issues were offered In
The ownership figures for June 30 are the
Banks.
latest published for commercial banks.
Subscriptions for the new securities totaled
$7,723 million, more than 96-1/2 percent of the
maturing bonds.
Subscriptions for the certificates,
exchange for the 2 percent Treasury bonds of 1951-53.
Series E-I95U, amounted to $"+,723 million, and
In the amount of $7,986 million.
maturing September 15, I953,
The announcement
to $3,000 million, leaving $263 million to be paid
stated that the now certificates will carry an
Interest coupon payable with the principal at
In cash.
maturity, and that any premium paid on the acquisition of these certificates In the market may be
Results of August Certlfloate Refunding
Subscriptions to the offering of one-year 2-5/8
amortized In accordance with Section 125 of the
Internal Revenue Code.
percent certificates of Indebtedness, Series D-I95U,
dated September I5,
l^^"},
Full Information on the terme of the offering
was contained In the official circulars dated
September 2, the day of the opening of the sub-
scription books. The subscription books were
closed at the close of business on September
Exchanges were made par for par, and cash subscriptions were not received. Both securities
IJ-.
were Issued In beairer form only,
subscriptions for the notes, Series A-I957, amounted
amounted to $2,788 million, leaving $93 million to
be paid In cash to holders of the certificates.
Series C-I953, \*iloh matured August I5.
The exchangee
were approximately 96-I/2 percent of the maturity..
Reports to the Treasury on the ownership of Government
about
securities Indicate that on June 30, 1953,
kk percent of Series C-I953 certificates were owned
by reporting commercial banks and by Federal Reserve
Banks.
In denominations
of $1,000, $5,000, $10,000, $100,000, and $1,000,000.
Details of the offering were announced on
The new certificates, designated Series £-195!+,
August 5, the opening date of the subscription books.
The books were closed at the close of business on
are dated September 15, 1953, ^^^ bear Interest from
that date at the rate of 2-5/8 percent per annum,
payable at their maturity on September I5,
195!^,
The
new notes, designated Series A-1957, are dated
August 7.
Exchanges were made par for par and cash
subscriptions were not received.
The new certificates
bear Interest from August I5, 1953. a* ^^^ rate of
2-5/8 percent per annum, payable with the principal
They were Issued
September 15, 1953, also, and bear Interest from that
date at the rate of 2-7/8 percent per annum, payable
at maturity on August 15,
semiannually on March 15 and September I5 In each
year until the principal amount becomes payable.
$5,000,
They will mature March I5, 1957.
Treasury 91-Day Bills Refunded
Maturities of 91-day Treasury bills totaled
Reports to the Treasury on the ownership of
In bearer form only.
195"^.
In denominations of $1,000,
$10,000, $100,000,
and $1,000,000.
$6.0 billion In August and were refunded In equivalent
Government securities Indicate that on June 30, 1953.
weekly Issues of $1.5 billion each.
about 57 percent of the 2 percent Treasury bonds of
1951-53 maturing September 15, 1953, were owned by
of discount on the new Issues were 2.136 percent for
August
reporting commercial banks and by Federal Reserve
for August 20, and 2. 001 percent for August 27.
Note:
Details of Treasury marlcet financing operations are
shown elsewhere In this issue of the "Treasury
Bulletin", In the tables on "Offerings" and "Dis-
6,
The average rates
2.116 percent for August I3, 2.101 percent
position , respectively, of marketable issues of bonds,
notes, and oertlfloates of indebtedness, and In the table
"Offerings of Treasury Bills"
SUMMARY OF FEDERAL FISCAL OPERATIONS
(
In mllllona of dollars
Budget receipts and ezpendltures
Clearing
account
12,696
28,202
1.3,892
W,762
l«l,027
ltO,(A3
3"*, 187
79,622
95,315
98,703
60,703
-21,1.90
-57,1*20
-51,1.23
-53,91*1
23,1.61
61., 271.
307
57,679
61.,
-1,103
-11,136
-10,930
3,308
8,1*19
-29I.
-5,991*
-495
99
679
1.78
1,621.
-1,1.62
1*,932
-1,811
-3,122
3,510
1*,587
2,01.7
10,71.0
66,11.5
7l*'607
-1*,017
11.7
-9,389
1*37
-2,299
68,305
72,116
-3,8U
53
1,330
16,290
3l*>83
57,751
-Ul,1.6l
90,171*
97,181
87,522
-55,691
-53,650
6,983
1,751
1*3,531
1*3,928
-1,788
-266
-1,161
38,576
36,209
-1.3,591.
-2,512
2,1*31*
5,2Ul
-3,592
-123
-1,386
6I»,753
9,91.2
1.7,1.8!.
-18,966
3,767
-22,502
-2,21.9
-l.,100
-to5
1,UJ.
-350
-229
-502
1*,331
1.71
37,831*
53,1*88
38,255
-1*23
56,81.6
2,7U
65,523
71,366
7,973
-1A7
62
1,770
1*1,711*
3,808
3,211
l.,058
3,187
5,969
-1,381
-1,370
1,119
1*,739
-2,168
5,087
5,163
-1,1*93
2,635
3,521
5,279
5,1*83
-2,81.7
5,178
5,627
-1,658
'*,953
5,1*55
-501
5,553
9,886
5,105
1.1.8
'*,323
6,016
It,
007
1*,517
-1,611.
-1,173
1,571*
1,01.6
-31.7
357
587
-2,278
5,701.
3,809
9,796
1*,151
316
-2U3
2,238
2,513
6,003
7,121.
-11.5
5,061
5,737
5,595
6,187
-676
-116
l*,315
272
-197
9,71*1*
-3,513
-1,862
1,756
-207
U16
98
3,308
-2,759
-231.
l*,568
-1,1*73
5,1*79
10,502
2,81.9
1*,380
Actual fl^uroe from Dally Treasury Statement; estlmatee baaed o
"EeTlew of 195^ Biaiget" released August 27, 1953. More detailed
Information with respect to the figures on this page Is given In sue
ceedlng tables.
GrosB receipts lees approprlatlcna to the Federal Old-Age and Survlvora Insurance Trust Fund and refunds of receipts.
Transactions of the Foreign Economic Cooperation Trust Fund, estahllehed under Section llU (f) of the Economic Cooperation Act of
1/
2/
4,454
5,382
8,569
6,955
5,782
7,357
256,125
255,941
254,997
254,727
255,093
255,222
5^095
6,916
255,657
256,644
257,353
3,879
5,075
259,775
260,362
258,084
259, 6o4
259,419
263,073
263,186
262,682
-1.1
6,175
7,636
6,064
264,919
267,432
267,391
-3,099
6^024
6,908
267,402
267,584
264,485
3.582
3.639
4,670
264,590
266,520
266,071
201.
4,301
4,230
1,514
567
258,292
259,905
259,105
28
1,5^8
105
I9U8 (62 Stat. 150), are consolidated with budget expenditures. Beginning with the fiscal year 1951, Investments of wholly owned
In public debt securities are excluded from
budget expenditures, and Inclined with other such InvestmBnte under
"Trust Account and Other Transactions".
Excess of receipts, or expenditures (-).
For outstanding checks and interest coupons, and telegraphic reports
from Federal Beserve Banks; excess of receipts, or expenditures (-).
Govemmont corporations
3/
5/
256,900
252,800
257,130
256,708
259,419
267,391
7,925
6,952
7,156
113
-50U
Soiirce:
4,679
4,232
4,295
6.064
-1*15
957
-973
U32
-195
-229
3,968
515
-3,283
-1,009
6,71.2
108,170
165,877
230,630
278,115
259,149
258,298
1,196
1,765
1,623
433
476
271,100
10,543
12,294
22,236
26,003
4,874
4,624
4,295
-1,1*1*7
6,363
5,161
3,099
3,470
5,517
7,357
6,969
4,670
-2,042
-250
-329
209
1,613
-800
5,018
6,070
3,316
258,286
252,292
252,770
257,357
255,222
259,105
266,071
751*
62,129
65.218
1*1,322
72,422
136,696
201,003
258,682
269,422
-20,676
1*0,057
1*0,167
ia.,633
37,*5
lt8,ll*3
2,991
9,507
20,169
24,698
14,238
791
-52U
39,289
33,791
1(2,211
38,2lt6
Debt outatandlnfi
General
debt, or
deoreaiie
2/3/
.
Treasury Bulletin
.BUDGET RECEIPTS AND KXPENDITUEES
Table 1.- Receipts by Principal Sources
(In mllllonB of dollars)
September 19'yJ
.BUDGET EECEIPTS AND EXPENDITURES.
Expenditures for National Defense and Related Actl
(In mlllloiis of dollars)
Office of
Secretary of
Defense
property
disposal
I9W
27,800
15,161
16,812
11,500
12,158
6,9U
191*8
19l»9
'>,998
1*,171
1950
12, 3116
It,
1951
1952
1953
19,955
39,033 12/
igltT
6,01*6
5,1*17
058
6,867
15,370
16,1*97
1953 -January,
Maroli...,
3,632
3,501
3,789
1,211
1,315
1,293
April....
3,891
1,399
3,7'*6
1,1*20
l,lt88
February
May
It,
056
July
U/
5,757
9,961
11,776
1,1*32
Table 4.- Expenditures for International Finance and Aid
(In nilliona of dollars)
Mutual Security
Eicport-
Import
Bank 20/
Turkish
Asslet-
Military
191*6
191*7
i9i*e
I3I*
191*9
l*,0l*3
1950
3,523
It,
1951
1952
1*69
917
5,788
It,
1953
12/
12/
3,006
2,191
1,721*
1953-January,
February
March..,
April.,,
May
June,.,.
July,,.,
Source: Dally
Footnotes 1 throu^ 6 on page 2 and 9 through 31 on page 1*.
2/ Amounts appropriated are equivalent to the amounts of taxes collected
and deposited for old-age insurance (1*£ U.S.C. ItOl (a)). The Social
Security Act Amandments of 1950 (Public Law 731*), approTed August 28,
1950, changed in certain respects the basis of transferring the
appropriated funds to the trust fund. Effectiye January 1, 1951, the
old-age Insurance taxes on employers and employees and the withheld
Income tax are paid into the Treasury In comblnsd amounts without
separation as to type of tax. The old-age insurance tax on selfemployment income, imposed by Public Law 734, is levied and collected
as part of the individual Income tax, beginning with the taxable year
1951Beginning January 1951, the amounts transferred currently as
appropriations to the trust fund are based on estimates of old-age
receipts made by the Secretary of the Treasury, and are
adjusted in later transfers on the basis of wage and self -employment income rocorda maintained In the Social Security Administration. For
purposes of this table, the amounts credited to the trust fund beginning
January 1951 are considered to represent estimated receipts of old-age
insurance taxes for corresponding periods. Accordingly, these amounts
are included under employment taxes and excluded from total Income and
profits taxes as shown. The breakdown needed for excluding appropriate
amounts from income tax withheld and other Income tax is estimated only
on a fiscal year basis. This estimate for 1953 is not yet available.
Figures for June 1953 incluio adjustments by Increase in amounts
transferred as appropriations as follows: $53 million based on records
of solf-ei5>loymBnt inccme for calendar year 1951 and $39 million based
on records of wages earned in the quarters ending September 30 and
December 31, 1952.
Interest on refunds Is included in Table 5 under "Miscellaneous"
Treasury Bulletin
.BUDGET BECEIPTS AND iXPEMDITURES.
Table 5.- "Other" Expenditures
(In
mimanB
of doUare)
Housing
and heme
Reconfl traction
Finance
Corporation 30/
I9W
lO^l
2,133
5,332
191*8
6
Ml
1,226
782
1950
9,666
10,865
2,658
2,986
1951
1952
1953
9,263
U,38l»
13,393
635
1,219
3,063
19't9
8U5
1,066
1,619
1,696
1,967
1,1*58
1,515
1,655
2,027
2,203
2,253
1,11*2
1,1*56
1,633
2,121*
2,515
2,81*1.
3,086
3,185
1953 -January.
February
March...
April...
May
June....
1,1*18
1,11*1
July....
1,011*
1,281
Source; Daily Treasury Statement.
Footnotes 1 through 6 on page 2 and 7 and 8 on page 3
2/ Eipendituree are "net", after allowance for reij
appropriations, receipts of revolving fund appropriations, and
receipts credited to disbursing accounts of corporations and
agonciea having authority to use collections without formal
covering into the Treasury. The figures include transfers to
trust accounts end net transactions of wholly owned GovemaMnt
corporations and agencies. They exclude investments of these
corporations and agencies in public debt securities beginning
1950 (»
combined with similar InveBtmente of
jd public debt retirements charge
able to the sinking fund, etc.. under special provisions of
law.
Payments to the Treasury, principally by wholly owned
Government corporations, for retirement of capital stock and
disposition of earnings are excluded from both receipts and
expenditures. Further information on these capital transfers
may be found in the 1952 Annual Report of the Secretary of the
Treasury, pages 512 and 51310/ Beginning Hovember 191*9, interest on the public debt is reported
as an expenditure when such Interest becomes due and payable, as
distinguished from the previous practice of showing the expenditure on the basis of interest paid by the Treasurer of the
United states.
11/ Includes public works unlertaken by the Veterans' Administration.
12/ Includes transactions relating to the Foreign Economic Cooperation Trust Fund (see page 1).
13/ Net transactions by the Departments of the Air Force and the Army
relating to "Deposit fund accounts" are included under "Trust
Account and Other Transactions" instead of "Budget Receipts and
Expenditures" beginning 1952.
Ik/ Includes retired pay for the military services beginning
September 19l*9.
1^ Department of the Air Force eipenditoreB excluding those made
behalf of
department out of appropriations to the Depart-
12/
20/
21/
22/
ii/
Act.
21*/
25/
26/
21/
28/
,
16/ Department of the Army expenditures, exclx^ing the following:
those included elsewhere in Table 3; international finance and
aid, shown in Table 1*; river and harbor works and flood control,
included in Table 5 under "Public works"; and Panama Canal.
Defense expenditures of the Panama Canal prior to 191*7 are included in Table 3 under "Other"; nondefenee expenditures are
included in Table 5 under "Miscellaneous"
Figures Include cert
expenditures on behalf of the Department of the Air Force (see
footnote 15).
17/ Departanent of the Navy expenditures, excluding those included eli
where in Table 3 and those for international finance and aid ahoi
in Table 1*
18/ Not classified separately prior to 191*7.
Through 191*7 Includes "war" and "national defense" expenditures of various
departments and agencies, including the Reconstruction Finance Corporation;
expenditures of the United States Maritime Commission, the War Shipping
Admini stration, the Selective Service System, and the National Advisory
Conmilttee for Aeronautics (191*7 only).
After 191*7 consists of:
United States Maritime Commiseion, and War Shipping Administration In
liquidation, through 191*9; Selective Service System; National Advisory
Coimnittee for Aeronautics; and certain small Defense Departnent Itema.
Excludes Bank expenditures under the Mutual Security Act and the preceding
Economic Cooperation Act of 191*8, as amended.
Under the Financial Agreement of December 6, 19U5. First repayment became
due on December 31, 1951, when payments were made of $1*4 million principal
and $75 million interest. Payments on December 31, 1952, were $1*5 million
principal and $71* million interest.
Act of October 10, 1951 (61* Stat. 373).
Prior to July 1951, consists of eipendituree under the Economic Cooperation
29/
.
20/'
21/
r
Prior to July 1951, consists of expenditures for mutual defense aealstance.
Includes principally relief to countries devastated by war, various other
foreign relief programs, Intematioiml children's emergency funds, and loan
for construction and furnishing of United Nations Headquarters.
Department of Agriculture expenditures, excluding those Included in
Tables 3 and I* and thoee for forest roads and trails, Incluled in Table 5
under "Public works".
Department of OoBimerce expenditures, excluding those Included in Tables 3
and 1* and thoee for public roads tncludod in Table 5 under "Public works";
includes U. S. Maritime Commlsalon for eleven months of 1950, untU it was
abolished and Its functions were transferred Into the Department of
Commerce by Reorganization Plan No. 21 of 1950.
Housing and Heme Finance Agency expenditures excluding those in Table 3;
beginning September 1950, includes Federal National Mortgage Association
and prefabricated housing loans program, which were transferred from the
Reconstruction -Finance Corporation by Reorganization Plans Hos. 22 and
23 of 1950.
Consists of expenditures for the following: Bureau of Reclamation;
Tennessee Valley Authority; river and harbor works and flood control
under the Department of the Amy; public roads under the Department of
Commerce, except assistance to Greece and Turkey; forest roads and trails
under the Department of Agriculture; public buildings under General
Services Administration, consisting of construction only, beginning I95O;
Bureau of Community Facllltlee in the Federal Works Agency until the
Bureau was abolished; and other Federal UorksAgency expenditures except
those In Table 3 until the Agency was abolished.
Eicludea "war" and "national defense" expenditures, included In Table 3
through 191*7. See also footnote 28.
Includes expenditures for executive departaaents and other agencies not
included olseiAere and for legislative and Judicial functions.
Less than $500,000.
Revised
September 195)
-TRUST ACCOUNT AND OTHER TRANSACTIONS.
Table 1.- Summary of Trust Account and Other Transactione
(In mllllcmfl of dollars)
Net redeooptlo
Trust accounts^ etc.
tniBt account
Ezpendlturea
(other than n
tnTeetmentaJ
Net rocolpta.
I9W
V^l
1,103
191*8
-291*
19^9
1950
-1*95
5,711*
3,82Ua/
99
6,669
6,950
-521*
1951
1952
1953
3,238
2,619
2,658
6,515 3/
U,952
5,169
61*9
l.i*3
Maj
1,01*7
98
1,338
-231*
1*29
Dally Treasury Statamant.
ErcesB of reoelpta, or oipandltures (-).
Conslato of transactlona vhlch clear through aooounta of the
of the United States, except as noted In footnote 1*.
Excludes Foreign Economic Cooperation Trust Fund (see page 1)
SoTirce:
^
Beginning 1952, net transactions in Federal Intermediate Credit B
issues are Included even though certain of these transactions do
clear through the accounts of the Treaaurer of the United States.
Less than $500,000.
:
'
Table 2.- Truet Account Receipts
(In minions of dollars)
Fiscal year
or month
3,557
3,636
3,301
920
April...
1/
3,857
3,91*5
1953 -January.
Februai7
March...
2/
Guaranteed
7,712
6,2W
3,852
3,855
3,763
July....
public debt oocurltleo 2/
Treasury Bulletin
.TRUST ACCOUBT AND OTHER TRANSACTIONS.
Table 3.- Trust Account Expenditures Other Than Net Investments
(In islUlanfi of dollars; negatlTe flsureo are axcese of credlte)
Unemploy-
Deposit
fund
accounts
TroBt
Trust Fund
191*6
19l»7
(net) 3/
1,57U
1,073
3,625
3,857
19U8
19^9
1950
3,821*
1,231*
526
!
V
6,950
1951
1952
1953
3,9^5
'•,952
5,169
1953 -January,
February
March...
April...
May
July....
Source: Daily Treasury Statement.
Consists of ClTll Service and Foreign Serrlce retirement funds.
Includes Adjusted Service Certificate Fund, District of Columbia,
Indian tribal funds, expenditures chargeable against increment on
gold, and beginning 1950, Mutual Defense Assistance Trust Fund.
1/
2/
y
k/
2/
Kicludes
Table li,
Excludes
Includes
net
in public debt securities beginning 1951 (see
footnotes 3 and i*).
Foreign Boonomlc Cooperation Trust Fund (s
transactions by the Air Force and the Army
Table 4.- Net Investments of Government Agencies in Public Debt Securities
(In millions of dollars; negative figtn-es are excess of redemptions)
1/
September 195)
.TREASURY CASH INCOME AND OOTOO.
1.- Summary of Cash Transactions
(In mllllana of dollars)
Treasury Bulletin
.TREASURY CASE INCOME AND OUTCO.
Table 3.- Derivation of Cash Budget Expenditures
(In alUlons of dollare)
)eptember i95)
.rSEASasa CASE
mCQME AUD
otnxx).
Table 5.- Derivation of Cash Borrowing or Repayment of Borrowing
(In mllllonfl of dollars)
BoDcash de^t transactions
Increaso, or deoreese (-)j
lii Federal Beoiirltlee
outstanding
Equals:
Net cash
borrovlng,
of Federal
suiting from budget expenditures,
refunds of receipts
i
securities
teed
foroes
leare
bonds
1/
ties
I9U6
10, 7W)
19't7
11,136
-5,99^
-11,523
-6,010
7,892
19^8
19't9
l»78
1.32
2,916
1950
1951
1952
1953
U,587
igs"*
3,'*09
1,39'»
'*,579
-2,126
3,900
6,972
lt,0l»5
'*,336
3,668
3,362
3,060
2,311
Adjusted
profits
borrowing
national
bonds 1/
Fund 1/ £/
7,1*39
-19,389
-7,280
-2,513
1,793
-1,229
-161.
-U05
3,369
3,355
3,068
'*,231
-5,795
-525
(Bst.)
5
181.
-3,188
-3,098
-97
l.teS
-1,222
6,1.56
Source: See Table 1.
1/ The Issuance of these securities Is treated as a noncash budget expenditure at the tljss of Issuance and as a cash budget expenditure at the
tljne of cash redemption; net issuance, or redemption (-).
2/ See Table 1, footnote 1.
3/ The Issuance of these securities is treated as a noncash deduction frcm
kj
5/
»
as a cash deduction
budget receipts at the time of Issuance
or redemption (-).
the tine of cash redemption; net Iseuanc
See Table 3, footnote 2.
Includes borrowing through Postal Sarings Systi
Less than $500,000.
1
Treasury
DEHE OUTSTANDING AHD GEHERAL FUND
.
1.- Summary of Federal Securities
(In mllllone of dollars)
Bulk
September 195)
,
DEBT OUTSTAHDHC AND &EBERAL FUHD
.
Table 3.- Special lesues to United States Government Inveetinent Accounts
(In mlUlODfl of dollaro)
.
Treasury Bulletin
.
DEBT ODTSTANDHC AMD GENKRAL FUND
Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies 1/
(In mllllonB of dollars)
End of
flBcal
year or
month
September 195)
STATUTORY DEBT LIMITATION
The Second Liberty Bond Act, as amended,
(Jl U.3.C.
757 b), provides that the face amount of obligations Issued
and the face amount of
under authority of that act,
obligations guaranteed as to principal and Interest by
the United States (except guaranteed obligations held by
the Secretary of the Treasury),
.
aggregate 5275 billion outstanding at any one time.
Obligations Issued on a discount basis, and subject to
redemption prior to maturity at the option of the owner,
are Included In the statutory debt limitation at current
redemption values.
shall not exceed In the
Table 1.- Status under Llaltatlon. July 31, 1053
(m
Mailmm amount of securltlss vbloh ma; b« outstsodlag at
of
Jma
26, i3M> (31 D.S.O. 757
a^
Biuiana of dollars)
one tljna, imdar llBltaticn loposad
V
the act
275,000
1>)
Anbunt of seourltias outetandlug Bul)Jeot to suoh etatutoir d«bt lialtatlosi:
V. S. Qovenmant aecuritlea lesusd undar the Second Liberty Bonl Act, aa aaaodad
Ouaranteod aoourltlea (excluding thoae
haU
by the Traaaiory)
272,
Balame lasuabla under limitation
Source:
27S,085
63
Total amount of eeourltleo outatandlng aiibjeot to statutory debt limitation
,
Bureau of the Publlo Debt.
Table 2.- Application of Limitation to Public Debt and Guaranteed Securities
Outstanding July 31, 1053
(In
Olaae of eeourlty
mtUiona of
do'llarB)
iW
^i^
Treasury BuUeiin
.DEBT OPERATIOKS.
Maturity Schedule of Intereet-Bearlng Public Marketable SecurU
Issued by the United States Government
and Outstanding July 31, 1953
(In millions of dollars)
i/
September 195 >
.DEBT OPERATIONS.
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States Government
and Outstanding July 31, 1953 i/- (Continued)
Treasury Bulletin
.nEErr
OFERATIONS,
Table 2.- Offerings of Treasury Bills
(Dollar amomitB In nlUlonB)
17
Sevt ember 19'yJ
DEBT OPERATIONS
Table 3.- Offerings of Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness
Description of eecurlty
(In mllllonB of dollars)
1/20A8
2/18 A8
3/22A8
5/19 AS
6/21A8
9/1A8
9/20A8
12/6A8
12/15 A8
1/19 A9
2/15A9
3/21A9
5/19 A9
6/20 A9
8/21A9
9/20 A9
12/5A9
12/19A9
1/20/50
2/17/50
2/17/50
3/20/50
5/22/50
6/21/50
2/1A8
3/1A8
1./1A8
6/1/U8
7/1A8
9/15 A8
10/1A8
12/15A8
I/1A9
Certificate
Certificate
Certificate
Certificate
Certificate
Note
1-1/1.* Certificate
1-lA* Certificate
l-l/l* Certificate
1-1/8*
1-1/8*
1-1/8*
1-1/8*
1-1/8*
1-3/8*
2/1A9
3/1A9
1-lA* Certificate
lt/l/''9
1-lA* Certificate
1-lA* Certificate
6/1A9
1-1/1.* Certificate
1-1/1.* Certificate
A9
9/15'
10/1
12/15
15A9
1/1/50
1-1/8*
1-1/8*
1-3/3*
1-1/8*
Certificate
Certificate
Note
Certificate
1-1/1.*
1-lA*
1-1/2*
^/l/SO
6/1/50
7/1/50
9/15/50
1-lA* Bote
1-1/".* Note
1-iA* Bote
1-iA* Note
1-iA* Note
1-3/1.* Note
vl/51
10/1/51
2/
12/3/51
2/18/52
2/18/52
2/
6/16/52
6/16/52
8A/
9/15/
6/15/51
8/1/51
9/15/51
10/1/51
10/15/51
3/1/52
3/1/52
'>/l/52
„V^/,52
8/15/52
10/1/52
]
1-7/8*
2*
2-1/8*
1-1/2*
2*
I
1
Certificate
Certificate
Note
Note
Certificate
2-lA* Certificate
2/2/53
2/2/53
2/
5/20^3
7/6/53
9/2/53
9/2/53
2-3/8*
1-7/8*
1-1/2*
Note
Cortifioate
Certificate
Cortifioate
Certificate
Certificate
Note
Certificate
7/1/52
U/IS/SS
8/5^3
1-7/8*
1-7/8*
1-7/8*
1-1/2*
1-7/8*
8/15/53
9/15/53
9/15/53
2-1/2*
1-1/2*
3-1 A*
2-5/8*
2-1/2*
2-5/8*
2-5/8*
2-7/8*
Bond
Note
Bond
Certificate
Certificate
Certificate
Certificate
Note
1 jr
1 JT
2
I
yr 10
I
5 yr
1 yr
1 yr
5
5yr
30 yr
1 yr
li
I
8
I
lyr
1 yr
3
yr
61
Treasury Bulletin
.DEBT OPiSATIONS.
Disposition of Matured Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness
September 195)
.UNITED STATES SAVUKSS BONDS.
United States savings bonds were first offered In
March 1935 and began to mature In March 19'^5. Series A-D
were sold between March 1935 and the end of April \3^X,
bond,
Series H, similar In Interest return to Series E,
was offered beginning June
1.
For details of these changes
see 'Treasury Bulletin" for May 1952, page A-1.
Series F
To redeem the
and
began to mature on May 1, 1953.
for the exchange
offering made to holders of these bonds maturing through
December 3I, 1953. see the May 1953 Issue, page A-1.
In
bonds In cash In accordance with the original terms; to
the tables liiloh follow. Series A-F and J sales are Included
retain them with an extended maturity of 10 years at
at Issue price and total redemptions and amounts out-
and Series E,
Vlhen Series
F,
and
were first offered In May 19^1.
E began to mature on May
1,
1931, owners of the
matured bonds were offered three options:
specified rates of Interest accrual; or to exchange them
for Series U bonds.
May
1, 1952.
A number of changes became effective
The principal ones were:
The rate of Interest
accrual on Series E was Increased, especially for the near
term, with corresponding changes In extended Series E;
Series P and
(J
and
were replaced by two new Issues, Series J
and K, also at higher Interest rates.
Table
1.
A new current-Income
Salee and Redemptions
(Dollar
Series
Statemant; Office of the Treaau
b
I
standing at current redemption values.
are included at face value throu^out.
Series
tJ,
H,
and K
Matured bonds which
have been redeemed are included In redemptions.
Matured
F and
bonds outstanding are Included in the interestbearing debt until all bonds of the annual series have
matured, when they are transferred to matured debt upon
which interest has ceased.
Series, Cumulative through July 31, 1953
3UQta In mlUloofi)
Treasury Bulletin
.UNITED STATES SAVINGS BONDS.
SaleB and Redemptione by Periods, Series B through K
(Doiaar amounte In millions)
Bedamptlons i/
Sales plus
Monthly redemptions
as percent of amount
outstanding
discount
Series E and H combined
35,37"*
6,739
It, 287
k',278
3,993
3,272
3,296
l.,06l
26
1*18
1*31*
536
633
753
895
1,035
1,111
1,120
'*,659
5,032
l*,887
l*,307
1*,1*07
5,l8l
39,680
k,k66
3,190
3,575
3,689
3,368
3,326
3,987
3,583
3,532p
1*,295
1*,008
lt,038
5,1*23
lt,085
208
3,668
5,8U3
li,288
3,825
3,530
3,521
9,568
4,221*
I*,
5,912
'*,391
5,025
'*,639
1*,270
3,930
3,728
3,W*8
3,912
69
103
136
162
195
307
1*25
506p
29,097
30,358
30,791
31,625
33,127
31*, 1*91*
3l*,506
3l*,905
36,01*8
30,727
30,263
30,997
32,188
33,766
9,517
5,330
3,813
3,575
3,271*
3,667
31*, 1*93
l*,036
31*,
l*,69l*
727
35,321*
35,511
35,657
35,781*
318
35,852
35,939
29l*p
307P
3l*l*p
igUl-iqi*-!
it/
1*7p
36,01*8
15pi/
36,168
.UNITED STATES bAVIUGS BONDS.
Table 3.- Sales and Redemptions by Periods, Series E through K
-
(In milllaaa of dollare)
Redaoptlons 2/ jj
Fiscal years:
(Contlnuedl
Treasury Bulletin
.UNITED STATES SAVINGS BONDS.
Redemptions of Matured and Unmatured Savings Bonds
(In mllllona of dollara)
September 195)
.TREASUEy SAVIHGS NOTES.
Treasury tax and aavlnge notes have been Issued as
follows:
Tax Series A from August
1,
\3^\, through
June 22, 13^1; Tax Series B from August 1, igl+l, through
(originally designated
September 12, 19'»2; Savings Series
Tax Series C) from September Ik, 19l2, through August 31,
19^8; Savings Series D from September 1, V)'ki, through
May !•*, 1551; Savings Series A from May 15, 1951, through
May
l"*,
1953; and Savings Series B beginning on May 15,
1953.
Details concerning terms and conditions for purchase
and redemption and Information on Investment yields of
Savings Series B appear In the June 1953 Issue of the
Similar Information with
"Treasury Bulletin", page A-1.
respect to the offering of the earlier series was published
currently In the "Treasury Bulletin", and appears also In
the "Annual Report of the Secretary of the Treasury' for
approprlatfe years.
In the following tables sales and redemptions of
Treasury savings notes are shown at par value. Matured
notes redeemed (either for cash or for tax payment) are
Inoluded In the figures on redemptions. Matured notes
outstanding are reflected In the Interest-bearing debt
until all notes of the annual series have matured, when
they are transferred to matured debt upon which interest
has ceased.
Table 1.- Sales and Redemptions by Series, Cumulative through July 31, 1953
(In mllaionfl of dollare)
Treasury
24
.OWNERSHIP OF FEXGRAL SECURITIES.
1.- Distribution of Federal Securities by Classes of Investors and Types of Issues
(In mllllGos of dollars)
Bulk
September /95J
.OWNERSHIP OF FEDERAL SECURITIES.
3.- Estimated Ownership of Federal Securities
{Par values l/
-
in billions of dollars)
-
)
Treasury Bulletin
.TKKASUBY SURVEY OF OWHEPSHIP, JUNE 30, 1953
The Treasury Survey of Ownership covers securities
Issued by the United States Oovernraent and by Federal
agencies. The banks and Insurance companies Included
Information on the distribution of ownership by types
of banks and Insurance companies Is published each month.
In the Survey account for approximately 95 percent of
banks distributed according to Federal Reserve member
bank classes and nonmember banks la published for June 30
and December 3I.
Addltlonsil Information showing the holdings of commercial
such securities held by all banks and Insurance companies
Data were first published for
In the United States.
March 31, 1941, In the May 19"*! "Treasury Bulletin".
Section
I
-
Securities Issued or Guaranteed by the United States Government
Table 1.- Summary of All Securities
(Par values - In millions of dollape)
IsrestoTQ corered In Treaaury Sinrey
Total
Insuremoe ccmipaiilee
Claselflcatlon
outatand-
1/%J
Intereet-bearlue eocurltloa:
Public marketable
Public nomarlcetable kj
Special Iseues
Total Inteareet-bearlug seciorltles..
Matured debt and debt bearing no Ijitereat
^.
Total eecurltlea Issued or guaranteed by the
tJ, S , GoTemment 6/
Footnotes at eai of Section II,
Table 2.
of Interest-Bearing Public Marketable Securities
(Par Taluee
-
in millions of dollars)
Held by inveetore corered
I
Treaaury Survey
Total
Claselflcatlon
outstand-
1/2/
Federal Reaorre
Type of Becurlty:
iBBxied by U. S. Goremmettit:
Treasury bills
Certificates of Ijidebtedness
Treasury notes
Treasury bonds - bank eligible
Treasury bends - bank restricted 2/....
Postal sarins end Panama Canal bonds..
Guaranteed by U. S. Goremmsnt 6/
19,707
15,85''
30,1(25
63,980
13,155
6,052
5,678
lt,351
10,355
31,660
17,lW
17,2't5
7,659
121*
51
Total
28,206
Maturity classes:
Maturing:
Within 1 year
1 to 5 years
5 to 10 years
10 to 15 years
15 to 20 years
Over 20 years
Various (Fedairal Housing Administration
debentures
6U,589
32,330
18,677
19,580
1,082
18, 3W
8,772
1,8U
2,569
911*
1,395
373
It, 683
Total
Tai status:
8/
Wholly exempt frcm Federal Inoomo taxes ....
Partially ezoopt from Federal Inccme taxes.
Subject to Federal income taxes 2/
7,502
Total
7,508
Footnotes at end of Section
H.
1,10U
168
1,1U8
39
September 195 J
.TREASURY SURVEY OF OWNERSHIP, JUHE 30, 1953
66014011
I
-
Securities Issued or Guaranteed by the United States Govemnent
Table 3.- Interest-Bearing Public Marketable Securities by Issues
(Par TalUBB
-
In millions of doUara)
Treasury Bulletin
.TKEASUBY SUFVEY OF OWNERSHIP, JUNE 30, 1953
•
Section 1 - Securities Issued or Guaranteed by the United States Government
Table 3.- Interest-Bearing Public Marketable Securities by Issues - (Continued)
(Par valuea
-
In mllllanfl of dollars)
September
19'iJ
.TPEASUEY SUFVKY OF OWNEPSHIP, JUHE 30, 1953
-
Interest-Bearing Securities Issued by Federal Agencies but
not Guaranteed by the United States Government
(Par values
-
Treasury Bulletin
.
TFEASUFY SURVEY
-
COWIKRCIAL BAHK OWNERSHIP, JUNE 30, 1953
The tables which follow provide an analyele of the
,
This analysis of commerolal bank ownership was first
jeourlty holdings of commerolal banks reporting In the
published In the May 19U4 Issue of the "Treasury Bulletin",
Treasury survey of ownership of securities Issued by the
'igures show the total holdings distributed according to
based on the survey data for December 31, 13kj.
It has
appeared at semlannuail or quarterly Intervals since that
time, and Is now being published for the June 30 *n*
'ederal Reserve member-bank classes and nonmember banks.
December 3I survey data.
)nlted States
aovemment and by Federal agencies.
Section
I
-
The
Interest-Bearing Securities Issued or Guaranteed by the United States Government
Table 1.- Summary of All Securities
(Par valuBO - In mllllnnfl of dollare)
September 195
.TREASURY SURVEY
-
COJWSFCIAL BAMK OWIJERSHIP, JURE 30, I953
,
Interest-Bearing Securities IsBued or Guaranteed by the United States Government
Table 3.- Public Marketable Securities by
It
(Par values - In m1 1 \ Icms of dollars
Federal Reserre mamber basks
Central
Treasury bills:
Pegular Sarles
Tai Anticipation Series
(taxable)
(taxable)
355
Total Treasury bllla
Cartlfleatee of Indebtednaae
August
1953-C...
2?
2-lA February 195lt-A
2-5/8 June
195''-B
taxable)
taxable)
(taxable)
(
1,100
(
1,631*
Total certificates of Indebtedness
1,617
^351
ury notes:
2-1/816 Deoambor 1953-A
19^-k
(taxable)
(taxable)
(taxable)
931
2,6W»
3,991
1-3/8
1-1/2
March
March
1-3A
Deoanber 1955-B
AprU
1956-EA
October 1956-BO
(taxable)
(taxable)
(taxable)
2,567
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
April
October
April
1957-EA
1957-BO
1958-EA
(taxable)
(taxable)
(taxable)
27
(taxable)
...(taxable)
(taxable)
3,730
332
3,513
1955-A
5
1*2
83
63
Total Treaeury notes
Bank eligible:
September 1951-53
256
December 1951-55
2
2
1952-5i
June
2-lA June
-
1952-5'*
195l*-56
(taxable)
(taxable)
(partially)
1955-60
1956-58
1956-59
(partially)
(taxable)
(taxable)
1,951
1,139
2,961
September 1956-59
March
1957-59
June
1958
(partially)
(taxable)
(taxable)
2,758
June
Deoamber
June
1958-63
1958
1959-62
(partially)
(taxable)
(taxable)
2-lA Deoamber 1959-62
2-3A Deoamber I96O-65
I962-67
(taxable)
(partially)
(taxable)
I963-68
June
I964-69
September 1967-72
June
1978-83
(taxable)
(taxable)
( taxable )
(taxable)
2
1952-55
Becenber
2-lA June
2-7/8
2-1/2
March
March
2-lA September
2-3A
2-3/8
2-3/8
2-3A
2-1/2
2-lA
2-1/2
June
2-1/2
2-1/2
Deoeniber
2 -1/2
3-lA
Total bank eligible
Bank restricted
i/
2-1/256 December 1961*-69
2-1/2 March
1965-70
2-1/2 March
1966-71
:
2-1/2
2-1/2
June
Deoanber
1967-72
1967-72
Total bank reetrlcted
Total Treasury bonds
Footnotes at end of Section II.
(taxable)
(taxable)
(taxable)
(taxable)
(taxable)
893
1*66
:
:lty
Treasury Bulletin
.TREASURY SURVEY
Section
I
-
-
COMMERCIAL BANK OVfflERSHIP, JUKE 30, 1953
.
Interest-Bearing Securities Issued or Guaranteed by the United States Government
Table 3.- Public Marketable Securities by Issues - (Continued)
(Par Taluds
-
In mllllana of dollars)
September 195)
.TREASUEY SURVEY
-
-
COMMERCIAL BANK OVfNERSHIP, JUNE 30, I953
.
Interest-Bearing Securities Issued by Federal Agencies but
not Guaranteed by the United States Government
(
Par Taluea
-
In millions of dollars
.
treasury Bulletin
QUDTATIOllS ON OBEASURr SBCT3RITIES, JULY 31, 1953
Current market quotations shown here are over-the-
public marketable securities Issued by the United States
counter closing bid quotations In the New York market
Government except Panama Canal bonds. Outstsmdlng
Issues which are guaranteed by the United States
for the last trading day of the month, as reported to
the Treasury by the Federal Reserve Bank of New York.
The securities listed Include all regularly quoted
Government are excluded because they are not regularly
quoted In the market.
Table 1.- Treasury Bills (Taxable)
Amount
September 195)
.MAHKET QDOTATIOBS ON TREASORr SECUKlTUiS, JULY 31, 1953
Table 3.- Other Taxable Issues - (Continued)
(Prloo decimals axe 32nds)
2
Treasury Bulletin
.MfflKET QDOTATIOHS
CO
UJ
1
a: .9
^
O 2o
LU
=>
•o
g?
o
<
UJO
ON TREASURT SBCTIEITIES, JULY 31, 1953
,
September 195)
.AVERAGE YIELDS OF lONG-TEBM BONDS-
Average Yields of Treasury Bonds and Moody's Aaa Corporate Bonds by Periods
(Percent per annum)
calendar year averages of mnnthly series
191*2.
Wits.
191*.
I9W.
19^7.
19l>8.
1950.
1951.
1952.
Treasury Bullelin
.AVKR/GE YIELDS OF U3NG-TE3*! BONBS.
September i95J
.UJTERHAL KEVENUE COLIZCTIONS.
Table 1.- Sumnary
'
Principal Sources
i/
of dollars)
AdJUBtanent of
oolleotiODs
to Dally
Individual
IndlTldual
Old-age
lnoa»tax^
OOllAOtiOSlB
+101,661.
191*5
191.6
19I.7
1.3,902,002
l«),310,333
39,379,1*09
-361,589
+271,136
I9W
1.1,853,1.85
-U,051
1.1,864,536
1.3,800,338
1.0,671,922
39,108,273
16,027,213
12,553,602
9,676,757
10,171., uio
11,553,669
20,813,1.91
20,UO5,361.
8,770,094
21,367,662
23,379,123
20,527,935
9,501,015
19,797,883
37,25l.,6l9
7,264,332
9,907,539
11,345,060
11,603,942
1.,
039, 683
6,063,001.
3,125,1.63
2,854,566
839,012
2,698,047
851., 692
150,548
1,437,420
1.,
19'>9
uo, 307, 285
-155,831.
1.0,1.63,119
1950
1951
1952
39,1.1.8,607
+1.91, 1.82
51,106,095
+660,1^)9
65,63it,89't
+625,502
1953
69,930,655
+21A,11.5
38,957,126
50,1*5,686
65,009,393
69,686,509
1953 -January.
Feljruary
Maroh...
6,150,309
-1,163,657
5,378,278
7,313,965
toll, 1*52
11,712,1*1.
+1,1.37,829
10,271., 615
6,171,089
3,900,238
U, 920, 068
10,117,195
-215,385
-1,090,318
2,529,1.27
l.,738,553
+1,1.57,107
2,063,01.7
April...
lt,972,366
3,332,321.
-1.05,912
10, 851., 351
ll.,387,569
21,1.66,910
21,59l.,515
501,195
26,62l.,788
33,738,370
8,81.6,91.7
9,1.61.,20l.
7,996,320
10,264,219
9,857,589
9,842,282
11,533,577
10,055,502
1,307,931
1,237,825
1,458,934
1,612,721
1,687,151
284,758
284,258
379,555
560,113
562,734
186,489
178,745
185,876
208,508
9,888,976
1,873,401
2,810,750
13,089,769
3,584,026
17,929,047
24,750,494
548,038
579,778
223,135
236,952
259,616
271,214
1,144,150
4,990,091
327,686
4,288
67,158
91,058
36,679
166,743
8,67s
1,666,826
519,981
527,360
3,084
50,845
99,399
17,179
-1,132
l.,825
Treasury Bulletin
XWmNKL
REVENUE COLLECTIONS-
INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES
.
Individual
Income Tax and
^
Employment Taxes
41
'43
'45
Estate ond Gift Taxes
'47
'49
'51
'53
September
IW
Treamry Ballet
-INTERNAL REVENUE COLLECTIONS.
Table 2.- Detail of Collections by Type of Tax
(In thousands of dollars)
y
-
(Continued)
September 195)
.MOKETARy STATISTICS.
Table 1.- Money In Circulation
(In nilllomB of dollarfl except as noted)
Treasury Build
.M3HETAPY STATISTICS
.
Table 2.- Monetary Stocks of Gold and Silver
(Dollar anounta tn mlUlona)
End of fiscal
year or month
^5
September 1957
.MOHETAEY STATISTICS.
Table 4.- Components of Silver KJonetary Stock
(In mllllcmfl of dollars)
.
Treasury Bullet in
.HOHETAEY STATISTICS
Table 6,- Seigniorage on Sliver
September 195)
.CAPITAL MOVBffiMTS.
Attention Is called to the
the data for January I95O.
Data relating to claims on foreigners and liabiliand capital movements between the
fact that although the grand total figures on the revised
ties to foreigners,
since 1935, pursuant to Executive Order 6560 of January I5,
reporting basis are reasonably comparable with those for
preceding months, data for Individual countries In some
Information
and Treasury regulations thereunder.
covering the principal types of data and the principal
coverage and geographical classification.
United States and foreign countries, have been
collected
Instances are not comparable because of certain changes In
1934,
countries la reported each month by banks and bankers and
securities brokers and dealers In the United States. This
The supplementary Information, contained In Section IV,
Is presented In three tables appearing at different times.
Table 1 gives data by countries on short-term claims on and
liabilities to foreigners as reported quarterly by exporters,
Information Is published regularly In the "Treasury
Bulletin".
Supplementary Information la published at less
frequent Intervals.
All reports are made Initially to the
forward consolidated figures
Importers, and Industrial and commercial concerns In the
United States. This Information was published for the first
time In the October 1949 Issue of the "Treasury Bulletin"
The term "foreigners" as used In these repxirts oovere
Table 2
and begins with data for September 30, igtS.
supplies information by countries on long-term claims on
and liabilities to foreigners as reported by banks and
Federal Reserve Banks,
irtilch
to the Treasury.
all Institutions and Individuals (Including United
citizens
}
States
domiciled outside the United States, as well as
International organizations, wherever domiciled, created by
bankers In the United States.
treaty or convention between sovereign states. "Short-term"
first time In the December
refers to original maturities of one year or lees, and
A detailed
"long-term" refers to all other maturities.
discussion of the reporting coverage, basis of reporting,
and derivation of capital movements figures appeared In
the April 1950 Issue of the "Treasury Bulletin', pages 5O-52.
Revised report forms and regulations became effective with
Section
I
-
This table appeared for the
Data are for the
Issue.
Table 3
end of the calendar year beginning with igle.
gives Information on short-term liabilities to countries
bankers.
banks
and
by
separately
not regularly reported
19'^9
This table appeared for the first time In the April 195°
Issue. The data have been requested at Irregular Intervals,
the earliest date being October 191*3.
Summary by Periods
Table 1.- Net Capital Movement between the United States and Foreign Countries
(In thouaandfl of dollars;
negative figures Indicate a net outflow of capital from the United States)
Treasury Bulletin
.CAPITAL MOVIMEKTS.
Section I
-
Summary by Periods
Table 2.- Short-Term Claims on and Liabilities to Foreigners
(Poaltlon at end of period In thousanda of dollars)
Shart-torm olaUnB on forel^era
-term llalillitles to foreigners
Payable In dollare
Payable in dollars
Deposita
of
foreigners
19^3.
257,929
30,916
31*, 387
19Ult.
19l>5.
329,691*
51*,
392,766
708,253
1*7,1*89
19lt7.
91*8,936
165,1*39
191*8.
,018,700
100,371
21*6,673
19lt6.
603
98,119
110,301*
21*0,583
191*9.
Payable
foreign
72,048
86,378
105,421
100,267
319,639
143,709
137,164
169,670
245,010
290,495
292,866
361,197
222,719
151,115
177,246
122,866
490,631
557,132
494,331
506,268
699,389
847,492
7,116,419
7,717,960
7,617,959
8,644,775 i/
9,302,200
10,546,052
4,809,245
5,209,820
5,073,586
5,503,872 1/
5,382,062
5,831,895
2,257,510
834,475
842,455
813,451
10,356,210
10,526,357
10,706,785
5,752,224
5,794,084
5,831,960
1*,
524, 598
4,670,187
4,809,166
79,388
62,086
65,659
4,205,389
5,37l*,903
5,596,775
6,883,068
6,480,262
3,523,328
4,134,412
l*,356,501
4,946,624
4,693,911
1,222,580
1,218,633
1,910,898
1,745,722
2,1*37,751
2,493,331*
13,893
17,911
21,641
25,546
40,629
49,664
70,389
51,039
44,911
1950.
1951.
1952.
1,0U8,722
78;361*
1952 -July
August....
September.
1,026,209
1,066,320
1,023,375
61*,913
74,1*27
70,206
126,821
149,438
139,718
1,018,652
1,021,120
1,048,722
74,682
66,290
78,364
122,173
119,662
122,866
821,792
835,168
847,492
10,587,565
10,678,052
10,546,052
5,748,925
5,935,119
5,831,895
l*,77l*,l88
4,679,138
4,652,786
64,452
63,795
61,371
1,036,006
1,031*, 110
82,672
69,208
77,372
115,639
134,711
11*8,153
837,695
830,191
815,080
10,501,005
10,400,278
10,603,804
5,731,107
5,637,958
5,750,151
4,717,278
4,709,586
4,809,879
52,731*
43,771*
70,494
76,510
75,939
134,012
112,778
112,797
865,409
788,030
752,504
10,879,918
10,927,983
10,907,641
5,807,766
5,840,308
5,857,218
5,027,432
5,036,526
4,997,584
1,01*0,605
1,029,915
977,318
91*1,21*0
1/
3,095,992 1/
3,847,912
61^371
52,620
Beginning 1950, Includes c
are held in specific trust
from reported liabilities.
Table 3.- Net Movement of Short-Term Banking Funds
{In thousands of dollars; negative figures indicate a net outflow of capital from the United States)
Short-term clalma
Payable
Short-term liabilities
Payable In dollars
Payable In dollars
foreign
1935-41.
307,187
15,933
-3,471
-20,216
191*2....
1943....
1944....
1945....
1946....
1947....
6,409
20,671
-14,330
-19,043
422, 7U
60,899
6,545
-32,506
5,151*
-75,31*0
-50,630
-67,320
65,068
-10,433
-129,779
-219,372
26,773
-68,331
138,478
65,483
-45,485
-200,136
-66,501
62,801
-11,937
9,832
-22,617
9,720
-14,901
17,51*0
-8,341
-13,376
-12,324
-119,220
90,487
-132,000
9,797
7,504
15,111
-45,047
-100,727
203,526
148,775
13,444
3,394
-40,111
42,945
8,463
-9,514
4,221
4,723
-2,468
-27,602
12,716
1,89c
-6,495
10,690
52,597r
36,078
1/
See Table 2, footnote
3,034,615
485,870
1,179,314
220,359
1,279,375
7,U4
-37,542
-5,102
4,018
3,730
3,905
-164,651
511,788
180,241
15,083
9,035
20,725
-19,350
-6,128
285,937
145,589
138,979
-5,144
-17,302
3,573
-83,035
186,194
-103,224
-34,978
-95,050
-26,352
-1,207
-657
-2,424
-100,788
64,492
-7,692
100,293
-8,751
114
-8,960
-268,854
115,384
400,575
-136,234
430,286 1/
657,425
1,243,852
2,516
-3,204
-4,308
13,464
-8,164
-418,422
636,207
601,541
-100,001
1,026,816 1/
266,156
385,365
554,412
-3,947
692,265
7,227
-19,072
-13,442
I4,l4l
21,234r
-19
34,303
41,860
37,876
29^004
-10,329
37,379r
35,
276,114
48,065r
-20,342
-93,11*9
U2,193
57,615
32,542r
16,910
217,553
9,094r
-38,942
946
6,429r
1,690
September 195
.CAPITAL MDVEHEHTS
Table 4
(In
Calendar year
or month
Section I - Summary by Periods
Purchases and Sales of Long-Term Domestic Securities by Foreigners
of dollare; negative figures Indicate a net outflow of capital from the United Stateo)
Treasury Bulletin
50
.CAPITAL M0VIM51ITS.
Section
II
-
Sumnary by CountrleB
Net Movement of Capital and of Short-Term Banking Funds
f
doUare; negative flgurea Indicate a net outflow of capital from the United States)
September
1%)
.CAPITAL MOVEMENTS.
Section II
-
Summary by Countries
Table 2.- Net Movenent In Brokerage Balances and Long-Term Security Transactions by Foreigners
fin thousandB of doUars;
..
Treasury Bulletin
52
.CAPITAL MOVIMHITS.
Section II
by Countries
Table 3.- Short-Tern Clalns
and Liabilities to Foreigners
Austria
Csecboaloredcla
18
5,065
5,123
Finland
Ganaony
. .
•
Italy
Netherlande
Norway
Poland
Portugal
Rumania
8,776
30,161*
25,3W
25,61*6
6,91*8
5,862
1,1*87
1,135
5
5,725
2,2U7
13,1T0
293
Swadan
Svlttarland
U. S. S. R
Unltad KlngdcD
yUgoBlavla
Other Europe
'',138
8,2lt2
27,151
320
128
7,81*8
30,968
179
25,538
9,066
1,116
30
U68
7,531
3,153
27,267
3,880
6,278
Total Europe
Canada
l*,li5li
7,278
156,738
161,1*95
152,1*1*5
57,778
61,277
60,613
7,205
10,709
383,277
19,377
36,808
13,361*
ll*,637
370,651
19,013
37,792
382,650
9,600
38,920
30,730
2,295
37,812
2,850
3l*,9l*7
Latin Amaflca:
Argantlsa
Bolivia
Brazil
Chile
ColoBibla.
Cuba
Dcmlnlcan Bepubllc.
Guataiala
Malloo
Betherlands West lilies
and Surinam
7,061
7,736
2,793
'*,B72
l',371
U,5l*7
5W
96,092
86,853
1,868
2,098
2,181
17,185
ll*,678
12,1*69
'*,98l
1*,2'*3
U,860
7,331*
7,1*1*6
TflQMllala
6,760
9,225
32,95^
35,699
33,392
Other Latin Aoarlca...
111,105
llt,831
ll*,l*59
Republic of Panama.
El Salvador
. .
Total Latin Ansrloa. .
91*,
5,388
1*,958
676,899
Aala;
China Mainland
FamoBa
Bong Eong
Indie
Indcdoesla
2,657
7,175
2,lt32
3,272
588
2,657
6,733
2,031
Oil
616
It,
6,272
2,671
3,871*
585
2,785
5,571
2,076
3,133
770
Iran
leraal
10,153
25,089
15,588
10,930
25,212
IJ.,650
12,619
193
19,962
20,lt73
16,991*
Phlllppinee
Thailand
n,593
9,999
lit, 202
13,625
21*,
3,035
lit, 225
lt,338
Turkey
Other Aala
Total Aala
Other countries:
Australia
'Belgian Congo
Egypt and AngloEgyptian Sudan
Union of South Africa.
Other
Total other countrlea.
International
Orand total
p
Frellninary.
30,885
129
2U,805
5,060
971*
2,133
2,766
18,653
2, 801*
2,80li
3A69
3,363
21,859
6,1*26
September 195
.CAPITAL MOVEMENTS
Section II - Susunary by Countries
Table 4.- Foreign Debit and Credit Balances In Brokerage Accounts
d of ncnth In thousanda of dollaro)
Treasury Bulletin
5"+
.CAPITAL MOVJMEHTS,
Section III
-
Details for Month of April 1953
Table 1.- Short-Term Claims on Foreigners
September 1%)
.CAPITAL MOVBffiHTS.
Section III - Details for Month of April 1053
Table 2.- Short-Term Liabilities to Foreigners
(Poeltlon at end of month in thousends of dollars
Treasury Bulletm\
Section III - Detallo for Month of April 1053
Purchases and Sales of Long-Terai Securities by Foreigners
Scpicmber 195J
,
Treasury Bulletin
.CAPITAL MOVBffiHTS.
Section III A - Preliminary Details for Month of June 1953
Table 2.- Short-Term Liabilities to Foreigners
(Pooltlon at «nd of month In thousandB of dollars)
Short-tena llabllltlee payable In dollars
foreign tianks
official Institutions
U.S. Treas'jry IjiUs
and oertlfloates
AuB trla
Belgium
Czochoelovakla
llS.TS"*
68,381*
127,176
656
l*Jt,U57
185
15,277
71,01*7
Fmlarri
3"*, 320
!
France
German;
308,ltOO
'.'..'.'.'.'.'.'.'.'.'.'.'.'.'.'.
Italy.
Netherlands
Poland!!!!!!!!!!!!!!!!!
Portugal
Sweden
Switzerland
n. S. S. K
tJhlted Kingdom
Tugoelavia
Other Surope
682,835
70,651
310,619
267, 56U
109,077
1,965
57,159
5,799
19,319
86,660
650,132
2,223
911,183
7,91A
1*6,876
215,012
282,737
61,51*7
21,1*11
6,707
355,000
40,000
277,963
238,255
117,858
135, U6
56,21*5
174,843
11,958
41,945
136
24,989
7,167
82,661
1,568
21.,
569
1,530
56,736
1,356
37,01*7
36,71*7
48
38
252
l*,l*23
1*,1*22
603,503
7,:""'
311,076
19,668
1,915
335,726
5,658
25,566
1,613,1*20
70,859
3,094
9,104
32,649
28,997
63,438
3,050
6,378
22,568
26,735
26,416
397
23,070
373
19,833
1,367
9,438
205
9,1*99
37,1*88
282,1*00
3,339
Total Europe
5,442
26,311*
233,677
679,682
9,701*
1,189
44,576
465
6,524
2,564
47,100
,226,577
115,993
9
6,979
1,566
7,195
133,979
299
279,363
720
12,761
311,8
703,030
155,177
720
11,268
602,108
Latin America;
Argentina
Bolivia
Brazil
Chile
Colombia
155,615
25,591
133,608
88,113
121,602
116,655
13,676
95,625'
Cuba
Doiluloan Kepubllc
QuAtaiala
Melloo
Betherlaods West Iidlea
and Surinam
380,957
311*,
Peru
Bepublio of Panama
Kl Salvador
Uruguay
Tonezuela
Other Latin Ansrica.
1*7,1*92
579
2,476
38,913
10,505
53,01*0
89,51*2
2,017
37,972
35,005
30,043
38,838
11,878
37,549
34,864
29,796
66,378
19,070
19,230
81,530
66,024
15,447
18,941
75,921
U,915
119,009
28,220
11,576
3,570
81*, 31*6
1*4,811*
36,778
2,752
8,036
7,938
63,371
23,91*1'
136
97.
W,173
4,457
298
18.774
39,424
52,872
13,733
52,926
54,302
34,958
37^208
13,712
44,771
51,053
33,424
50,347
596,307
552,292
_
•
Total Latin America....
91,559
28,1*22
1*5,186
167,1*96
W,738
, .
53,
113,720
13,672
85,120
31,005"
87 "
156,335
101,177
11*0,867
105;
31*
30,391
100,879
79,286
,701
Aala;
China Mainland
87,1*01*
28,712
28,750
31,202
83,723
38,1*32
36,961*
26,731.
17,806
10,666
15,231
877,613
286,662
267,573
37,1*71*
33,789
72,106
India
Indonesia
Iron
lerael
Japan
16,1*75
Thailand
893,662
307,360
197,500
Other Asia
8,007
225,992
FMlippinas
19l*,177
28,081*
5,039
40,835
3,476
1,468
30,390
2l*,763
10,580
15,219
81.4,101.
13,81.1
4,061
141,143
31,194
6,000
180,069
2,315
13,089
267
16,048
20,651
3,323
7,140
1,244
16,018
20,581
3,323
29
10,158
29,546
Total Asia
Other countries:
Australia
Belgian Congo
i^ypt and AngloEg^'ptian Sudan
ttilon of South Africa,.
Othtr
Total other countries..
Intamatlooal
Grand total
67,318
126,297
125,051
55,211*
52,1*86
37,1*35
97,789
1Bir:053
,777,093
10,907,61*1
61*,235
31*,
903
31*5,103
21,950
13,399
56,266
536
10,162
25,077
Total
To forwlgn
banks and
official
CAPITAL MOVEMENTS
Section III A - Preliminary Details for Month of June 1953
Table 3.- Purchases and Sales of Long-Term Securities by Foreigners
Treasury Bulletin
.CUMDLittlVE TABLE OF COHTEHTS
October 1952 throu^ September 1953
September 195)
.CTMJLATIVE TAHLE OF COIIEEirrS.
October 1052 through September 1053 - (Continued)
@FedFRASER