COPY No. 2

LIBRARYBOOM 5030

JUN 2 1 1972

TREASURY DEPARTMENT

f

COPY No!3I

BULLETINOF THE

TREASURY DEPARTMENT

SEPTEMBER1943

Analysis of Receipts and Expenditures

Composition of the Public Debt

Prices and Yields of Government Securities

Other Treasury Statistics

UNITED STATESTREASURY DEPARTMENT

OFFICE OF THE SECRETARY

Bulletin of the Treasury Department, September 1943

Cumulative Table of Contents

Bulletin of the Treasury Department, September 1943

Cumulative Table of Contents - (Continued)

Iseue and page miaber

I9U3

Sept. Aug. Jtily June May Apr. Mer. Feb. Jan

igitf

Dec. Hot. Oct,

IV. General Fund of the Treasury

Aeaete, llabilltlea. and balance in General Fund.

Analyst • of changes In balance of Oeneral fund...

V. Public debt and guaranteed obllgatlone of United States Gov-ernment

Pnbllc debt and guaranteed obligations outstanding, classified bytype of issues

CovpoeltloD of the public debt

Public debt receipts and expendltwes

CoDposition of the public debt and guaranteed obligations.

19

20

22

23

23

2U

Debt poeitioo of the tJhlted States under limitations imposed bySection 21 of the Second Liberty Bond Act. as amended:September 30, 1^Decenber 31. 19U2Haroh 31, 19't3

June 30, 19113

Computed rate of interest on the public debt and guaranteed obligations

Maturity schedule of Intereat-bearlng public mar)cetable seeurltieeissued or guaranteed by the TInlted States, as of montb-endpreceding month of publication

26

27-28

29

30-31

31

32

33-3"*

3033

19

20

22

23

23

2lt

25

27

28-29

32

35-3't

Offerlnge of marketable iseuee of Treasury bonds, notes, andeertlfieates of indebtedness beginning with:

January 1, 1939January 1 , 19*0

Treasury bill offerings.

United States savings bondel

StKmary of sales and redemptions, by series

Sales reported by aeries, classified by denominationSales reported by series, elaasified by type of purchaser.S&lee reported by series, classified by States

31-32

33

3^3536

37-38

39''-'^ 37-38

39

31

32-33

3U

28

29-30

35

36-3738

33-3't

35

26-27

28

3't

35-36

37

25

26-27

28

29

30.3132

38

39-110

Ul

29

30-31

32

25

26-27

28

29

26

27-28

29

30

30-31

32

Payroll earlags plane for United States aaTings bonds.

Treasury Dotes - tax and aavlnge seriesj

Soonary of sales and redeeiptlone. by series.Sales, classified by denoDlnatlooSales, classified by type of purchaser

United States savings stampstSumsary of sales and redemptions..Sales, elaasified by denonlnatlon.Sales, claeaifled by States

VI, Ownership of Government securities

Sunnary distribution, ^ holders, of securities issued or guaranteedby the United States

Marlcet tranaactlons in Oovemment securities for Treasury investmentaccounts, monthly beginning January 1937

3't-35

36

37-38

3939

37-38

39

Uo-UlU2U2

Uo-Ul

U2

U5,l»8

lt6

"7

35-36

37

li0,U3

UiU2

ItO-Ul

U2

U6••7

39-110

Ui

lA,it7

"5U6

36-37

38

Ul.Ult

U2'»3

33-3't

35

38, Ul

U2.l(3

7.50UsU9

U6 1*3

U6 1*3

Summary data from Treasury eiirvey of the ownership of Governmentsecurities:

August 31, 19U2 ,.

September 30, I9U2October 31, I9U2HovsBber 30, 19^2Deoenbep 31, 19U2January 3I, I9U1.Tebmary 28, 1953.Mamh 31. 19U3....

AprU 30, I9't3

•toy 31. 19U3June 30, 19't3

July 31. 19U3 I44-U9

1(7-52

51-56

U6.5151-56

50-55

>»7-52

35-3''

35

38.1*1

33-3^1

35

38,1*1

31-32

35-36

37

I10.U3

Ul1*2

3636

37

38

38

39

'•3

"•3

UU.l»953-58

UU-ltg

liUtq

1*5

1*5

U6-51

(Continued on following page)

Bulletin of the Treasury Department, September 1943

Cumulative Table of Contents - (Continued)

SUMMARY OF FISCAL STATISTICS

-1-

Budget Receipts and ExpenditureB

(In mllllont of dollar!

)

First 2 montha,fltcal yeari igUz to igWt

19U2 I9U3 I9M

Chase*19U3to

19UU

Completa fltcal yeari, I9U0 to 19Wt

I9U0 191*1 19112 I9U3

latlmated

19144,

Chas^

Aetoal19U2 toActualI9i»3

Actual191*3 to

aatimatad19'* 1/

RecQlpte:

Internal revenue:

Income and profits taxea 2/

Employment tajcee

MlacellaneouB internal revenue ^.Customs

Other receipts

lUS

221

537

71

38

1*28

285

777

1*6

5t

2,819

358

1,21*0

72

5*

+2,390

+73

+U63

+25

511

2,125

833

2,3'*5

3U9

273

}M0925

2.967

392

515

7.960

1,186

3.81*7

389

286

16,091*

1,1*98

It. 553

32U

916!*/

31.962

2,091*

33'*

1,026

8.133

+312

+706

-65

+631

+15.868

+596

+382

+10

+109

Total receipts. 1.009

Less:

Amounts transferred to ^deral Old-A^eand Survivors Insurance Trust I\ind 5/."

Net receipts

Expendltxires: 6/

War activities:

War Department

Navy Department

Miscellaneous war activities

1.591

257

5.053

325

+3,1*62

+68

5.925

538

8,269

661

13,668

869

23.385

1,103

1*0,350

1,632

9,717

+231*

+16,965

+529

809 1.33't U,72g +3.39'* 5.387 7.607 12.799 38.718 +9.1*83 +16,U36

1,113

803

181*

5.736

2,1*79

1,167

8,027

3.935

1,702

2,292

+1,1*56

+531*

667

891

99

3.678

2.313

310

ii*.070

8,580

3.362

1*2.265

20,888

8.955

56,000

28.000

13,000

+28,195

+12,309

+5.59'*

+13.735

+7.112

+4,01*5

Total war activities.

Veterans' Administration 2/

Public Works 8/

Aid to agriculture ^Social Security program 11/

Direct and work relief:

Work Projects Administration andNational Youth Administration 12/

Federal Iteergency Belief Administrationand Civil Works Administration

Civilian Conservation Corps

Interest on the public debt

Other IJ/

Total expenditures 6/

Net budget deficit 6/

2,100

92

128

160

155

1*0

33

231

9.382

105

112

ll*g

2U1

97

12

1*2

238

13,66U

97

9^

135

285

llU

336

+4,282

-8

-18

-13

W*

-92

-12

+72

+98

1,657

557

950

1.559

513

1.572

1

283

l,Ol*l

866

6,301

563

738

93710/

588

1.37'*

257

1,111

81*1

26,011

556

680

1,225

659

970

163

1,260

873

72.109

602

5'*3

1.163

735

299

18

1.808

901

97,000

887

1*64 r

960r

766

2.700

1.259r

+46.098

+47

-137

-61

+76

-671

-145

+548

+29

+24,891

+285

-791

-203 r

+31

-299

-18

+892

+358 r

3.127 10.376 1'*.729 +'*.35'' 8.998 12.711 32.397 78.179 104,036 +45.782 +25.857

2.318 9,042 10,001 +960 3,611 5.103 19.598 55.897 65. 318 +36.300 +9,421

ce: Dally Treasury Statements, except as noted. jjr Revised.• Less than $500,000.1/ Based upon Budget estimates revised as of August 1, 1943. Bud^t 8/

estimates of post-war a-edits for excess profits tax, victory tax,etc., are excluded in order to make the estimates comparable with 27Daily Treasury Statement figures.

2J Includes unjust enrichment tax and victory tax. Baginning J^ily,

1943. Includes collections of taxes withheld by employers underthe Current Tax Payment Act of 1943- Far details see followingchapter on Receipts and Expenditures and Appropriations, Table 2. 10/

^ Includes chiefly alcoholic beverage taxes, tobacco taxes, manufac-turers' and retailers' excise taxes, and estate taxes. 11/

4/ Includes in excess of $450 millions deposited by the War and NavyDepartments and the U. S. Marl time Commission as a result ofrenegotiation of war contracts, and $10 millions representingrepayment of amounts paid to Commodity Credit Corporation forcapital impairment. 12/

5/ For explanation, see tables in next chapter on Social Securityprogram. 13/

6/ Excludes expenditures for public debt retirements which are charge-able to the sinking fund. etc. under special provieions of law.

Includes expendltxires classified as transfers to trust accounte,etc., for the Adjusted Service Certificate Fund and the NationalService Life Insurance Fund.Includes Public Works transactions classified as Revolving Fonda(net).Includes Aid to agriculture transactions classified as RevolvingFunds (net); expenditures of the Department of Agriculture claesl-fled as Departmental In the Daily Treasury Statement; and Agricul-tural Marketing Administration transactions classified as trans-fers to trust accounts, etc.

Represents gross expenditures of $1,?52 milllone less repayments ofU. S. investments in capital funds aggregating $315 millions.Includes expenditures classified as transfers to trust accounts,etc. for the Railroad Retirement Account and the Railroad Unemploy-ment Insurance Administration Fund. Excludes expenditures made byOffice for ffinergency Management, War Manpower Commission (D. S.

Employment Service) under authority of the Social Security Act.Beginning July 1942 expenditures for National Youth AdsiinlBtrationare shown under War activities.Includes departmental expenditures not otherwise classified and ex-penditures classified as transfers to trust accounts, etc., for Gov-emnent employee retirement and insurance funds.

Public Debt and Guaranteed Obligations Outstanding

RECEIPTS AND EXPENDITURESAND

APPRO PRI AT IONS

-k-

Appropriations and Net Contract Authorizations for the War Activities Program-i/

As of August 31, 1043

Dataapproved

PublicLaw Ho. Title of act Approprlatlo&t

Hot contractauthorlsatlont 3/

76th CoQfraei. Third Sasiloa

Mar. 25.Apr. 18,

May lU,

June 11,

June 13,June IS,

June 2U,

June 26.

June 26,

June 27,

July 18,

Sept. 9,Sept.sU,

Oct. 8,

Oct. 9,

Oct. lit,

I9UO

19'40

I9I4O

I9U0

I9Wi9toI9UO19'«>

19U019UO19UO19UO19'»0

19I4O

U59

50858861161|0

65366788 i/6689U3/

781

99 i/800

812106 3/

Treaeury Department ^proprlation Act, 19UIIndependent Offices Appropriation Act, I9UIJustice Department Appropriation Act, I9U1 (Title II!)Havy Department Appropriation Act, I9UIMilitary Appropriation Act, 19U1Interior Eipartraent Appropriation Act, I9UIWar Department CItII Appropriation Act, 19UIClTll ActlTltlei National Sefanee Appropriation Act, 19UIfcergency Relief Appropriation Act, I9UI (refugee relief)Second Deficiency ^proprlatlon Act, IS^Public Baaolutlon (Var Rlok Insurance fund)Second Sx^plemental National Defense Appropriation Act, 19U1Public Resolution (Var Department - military posts and acquliltlOB of land).Third Supplemental National Defense Appropriation Act, I9UITlrst Supplemental CItII functions Appropriation Act, 19^1Public Resolution (national defense housing)

Total, 76th Confess, Third Session

5J. 965.0351119,500.000

2,U8g.0O01,308,171.1381. '•99.323. 322

U95,00015.000,000

l.U7U.901,05750.000,00017,656.900110,000,000

2,1*97,016.392338.263.902

1.323.1»l't.082

1U8,821.00075,000,000

$ 8,99't.015.«28

77th Congress, Plrst Session

Feb. 6,

Teb. 13,Mar. 1,

Mar. 17,

Mar. 27.

JtfT. 1,

i^r. 5.Apr. 5,

May 6,

May 23,May 2U,

May 31,June 28,

June 28,

June 30,July 1,

July 3,

Aug. 25.Oct. 28.

I9UI191*1

I9UI191*1

191*1

191*1

191*1

191*1

191*1

I9UI19U1191*1

191*1

191*1

19U119U119UI19U1191*1

Not. 19, 191*1

Dec. 17, 191*1

Dec. 23, 191*1

i

913232528

291*8

71

7388

1361391U61502l»7

282

295

353371

Joint Resolution (emergency ship construction)Joint Resolution (clothing and equipage - Var Department)Urgent Deficiency i^roprlation Act. 19Ulfourth Svqiplemental National Defense Appropriation Act, IjUl....Defease Aid Supplemental J^roprlatlon Act, 191*1

first Deficiency Appropriation Act, I9U1Independent Offices Appropriation Act, 191*2

fifth Supplemental National Defense Appropriation Act. 191*1

Navy Department Appropriation Act, 191*2

Var Department Ciril Appropriation Act . 19U2Additional Urgent Deficiency Appropriation Act, 19UITreasury Department J^)proprlation Act , 191*2

Justice, State and Cotmserce Departments ApproprlatioB Act. 19^2.Interior Department Appropriation Act , 1942Military ^proprlatlon Act, 191*2

Labor - federal Security Appropriation Act, 19^2Second Deficiency Appropriation Act , 19UIfiret S^plemental National Defense Appropriation Act, 19U2Second Supplemental National Defense J^}propriatloB Act, 19l*2t

(Title I)

(Title II)

Defense Highway Act of I9UIThird Supplemental National Defense Appropriation Act, 191*2

Joint Resolution (Var, Phillpplna relief, and dofense housing)..

Total , 77th Congress , first Session

1 313,500.000

Appropriations and Net Contract Anthorlzatlons for the War Activities Programiy

As of August 31, 1043 - (Continued)

Sat*•pp;eT*d

Piiblle

lAV Ho.Title of . Appropriation!

Net contractanthorlzatlons 2/

78th Coo^reta, flrat S«Bilon

Nv. 2, I9U3

Mar. 18, 1943Mar. 31. 19lt3

Apr. 29, 19't3

Mar 7. 19'*3

Juna 2. 19lt3

June lU, 19U3

June 26. 19U3June 26. I9U3Jvdy 1, 19113

Julj 1, 19lt3

July 12, 19't3

July 12, I9U3

July 12, I9U3July 12, 19113

July 12, I9U3July 12, 19lt3

311

20

"s906U

709092105108129132133135

140

Joint Resolution (SelectlTe Serrlce Systsn)First Deficiency impropriation Act, 191*3

Supplosental Kaval Appropriation Act, I9I+3

Joint Resolution (fano labor program)Joint Resolution (CoBmeroe Department - war training progran)War Department CItU ^proprlatlon Act, 19l4t

Defense Aid Supplemental Appropriation Act, 191*3

Independent Offices ^propriation Act, 19l|lt

HaTal Appropriation Act, I9IA

Departments of 3tate, Justice and Oonmierce J^roprlatlon Act, 19l*l*.

Military Appropriation Act, 19Ult

Department of Agriculture Appropriation Act, 19l*l*

Urgent Deficiency Appropriatl on Act ,19l»3

Interior Department Appropriation Act, 191*1*

Labor-Federal Security Appropriation Act, 19l*l*

National War Agencies ^proprlatlon Act, 194USecond Deficiency Appropriation Act, 19l*3

Total, 78th Congress, First Session

21U.063

3,83626

31

6.2731,395

27.63767

59.OS"*3831lU

3072,911

151

,160.000,9l»8,98U

,176,119,100,000

,500,000,1*57,898

,629,000

,013.569,226,198 2/,635,000,839.673,048,000

,979,600,88l*,0O0

,953.500,697,22"*

,31*8.962

$105,816,597,728

2.173,719. 51*5

50,000,000

5,389.000,000 6/

18,000,000

» 7,630,719,51*5

Sumiary

Total, 76th Congress, Third Session

Total, 77th Congress, First Session

Total , 77th Gongrees

,

Second Seeslon

Total , 78th Congress

,

First Session

Permanent appropriations and net tranefers from other than war activitiesappropriat ions 10/ -.

Total ^>proTed

Liquidations of I9I1O and prior contract authorltatlons

Total appropriations and net contract authorltatlons 1/

I 8,99l*.015,828

lt9.396,U37.U50

139.736.203.988

105,816.597.728

106,3l»l,770

»30l*.ol*9,596,76l»

-1*67.872,81*6

1303.581,723.918

$ 707.000.000 r

11,61*1,532,001* r

7, 630, 719.51*5

$19.979.251. 51*9

19.979.251. 5'*9

i/

tl

Rsviaad.Conslete of approprlatlono and net oontract authorisations availableon and after July 1« 19^. XzcludeB: (l) authorltatlons of theBeconetroctlon Tlnance Corporation and its subsidiaries for warpurposes, and (2) unexpended balances of appropriations on June 30*19^ (except Inaedlately arallable funds from fiscal year 19Ul appro-prlatlon8)aTallat>le for expenditure in the fiscal year 19^1.Contract authorisations hare been reduced by later appropriationswhich were eamartced in authorliln^ aots for this purpose.Public resolution nuaber.Represents the net anount of contractual authority that the Presi-dent nay authorise the head of any departcent or agency of theQoTemnent to enter into for the prooureaent of defense articles,iofonuation or services for the governnent of any country whosedefense the President deens vital to the defense of the United States,Includes $9,693,525,500 approprUted for the fiscal year 19U2.

Unappropriated contract authorisations for the naval expansioaprogreB are as follovsi

8/

1/

iO/

Includes $7,851,**6o appropriated for the fiscal year 19^2.Includes $30,000,000 for the fiscal year 19^2 and $172,'39,000for the fiscal year I9U3. In addition, $7. ^2U. 120,000 is madeiBsedlately available and $10,?3U,19U.U00 is included for theliquidation of prior contract authorisations.Includes actual transfer of balances of the Bureau of Marine In-

spection and Havlgation from the Department of Commerce to Coast

Oqard, Navy, la the amount of $1,133.S02 In accordance with Execu-

tive Order 9083, dated February 28, 19*+2. Also Includes

$3,61^,172 received as war contributions under authority of the

Second Var Powers Act and deposits of advance paynents made byforeign govemnents to the Defense Aid Special fund for the pro-

eareaent of defense articles amounting to $3^,753*^69*

Date approved

Budget Receipts and Etzpendltures

Table 1.- Sunnary by Major Classifications

(In nllUona of doXlari)

Ilioal 7«aror Bonth

Baeatpti

Oroit r«Mlpt«

ToUlr«c«lpti

Internal

2/

CuatOBsOthar

r«o«lpt>

Lett att aaoTintt

trantferred tofederal Old-A^eand Stn-TlTora

luoranoe Troatrand IJ

letraeelpta

Totaltxpeiidltnrea

Sxpandltoret 1/

OeneralVnr ao-tlTltlai

5/

BsTClTlngftmdj(nat)

6/

Truufarito tnotacooQBto.

•to.

6/

lot«mil««t

doflclt

1/

FablledoM

ntlro-•ntt5/

193^.

1937.193«.

1939.19>io.

19U1.19'»2.

19U3.

19U2.All«ait

Saptenbor.

Octobar . .

.

VoToBllar.

,

Docanbar.

.

igUS-Jan^ary...Tabmarr..March

April..

Mmr....Jona...

Jtajr...

Ax^cnat.

3.1163.800U.llS5.29't

b,2U25.66«

5.9858,269

13.66823.385

797a. 528

9m830

2.702

82>»

1.1905.207

1.5551,762'*.569

2,0U8

3.005

2,£Ul

3.2783.513't.997

5.67U5,161

5.3037.362

12.99322,lfM

7'W2.'>76

60378U

2.6U9

72U

1.0755.15't

1.3961.581>l,211

I.8I52,602

3^3387Ue6

3593193U9

39238932l»

2220

2b

%

32

32373^

3339

162179216210208188273 2/515 a/286 9/

9162/lJli,

26

31 2/

202228

758921

12712U32l»

20136U

265387503

ill

8691,103

2091

Ul229

1

35235

1

Ul262

Ul28U

3.1163,800U.II6

5.0295.8555,1655.3877.60712,79922,282

587

2.527

607601

2.701

788

9555.206

I.51U1.M80U.569

2,0072,721

6,0U7,0108,6668.1777.2398,7078.99812.711

32.39778.179

5.2155.931

5.9376,3636,500

6,3726,1197,35'»

7.U667.U35

8,327

7,1127.617

U,908

5,9005.9356,4375,8SU

7,2217,0556,2155,9865.595

3125UU

Uoi

32065U

601

U39

328

365

10/

689900929

1.0291,2061.6576,301

26,01172.109

U.gsU5.38U

5.Ugl6.0U2

5.825

5.9U7

5.7706.7UU

6.97^7,0927.U69

6,U32

7,232

^!3U511

20U121

136 10/18UO

-3

]l820608225187232331

1

35?3

U03loU

6558

953

-2-u

1

7

16lU

10

-1

5

19

5

56

325

3521

381

1

3UU

15

Sonrca: Qallj fraaaury Stateaaata. 2/Lass than $500,000.Iielndaa aaonnti for public dabt retlraaant i4ildi ara aliar(aa1>la

to tha BlDldiic fnnd. ate. uidar apaelal proTlaloaa of Imt.

For fnrthar latalla, aae Tabla 2.

ror axplanatlon aaa tablas vhleh fellov on tha Social Saenrlty 10/

progrta.Tor furthar latalla, aaa labia 3-Jot fnrthar datallt, aaa labia U.

Tor further dataila, aaa labia 5. Alio aaa footnotaa 2/ and U/.

Total aipandlturaa laaa nat raealpta. U/Bapraaanta axpandltnraa for public dabt ratlramanta whloh ara eharca-

abla to tha alnklng fund. ate. nndar apadal proTlalona of lav.

Inelndaa raoorarlaa of U. 8. Inrasteenta In capital fonda. Sndi

raoorarlaa totaled t5U nllllona In tha flaeal year I9U0; (319 all-

lloaa In tha flaoal yaar 19UI; tl8 alllloaa In tha flaoal /aar I9U2;

and $10 Bllllena In tha flaeal TOar 19U3, raeorarad In Saptaaber

I9U2.Baealpte froa radnetlona In capital atoek and paid-in anrplua aaall-

abla to ba ralaauad tmdar ailatlng lav ara Inolndad aa nafatlra

Itaaa u^ar aipandl tnraa . Such radaetloni totaled $l60 alllloaa

fbr gaaaral a^wndltnraa and $155 allllona for rerolTlng faada dur-

ing tha flaeal 7«ar 19UI.

Inelodea In aieaaa of lUjO llllona dapoaltad bjr tha Var and InyIlapartaanta and tha D. 8. Marltlaa Coanlaalon aa a raanlt of r«-

nagotlatlon of var oontraeta.

Table 2.- Analysis of Receipts fron Internal Revenue!/

(In alUlona of dollara]

naoal yaaror Boath

193^1935193619371938193919110

19U119U2

19^3

19U2-An«aat ....

Saptaabar

.

Octobar.

.

HoTaabar.Dacanbar

.

19U3-January..Tabruary.March

i^irll..

May....tana. .

.

July...Asgnat.

Total

2.6U1

3.2783.513U.W5.67U

5,1615.3037.36212.99322,lltU

7U82,U76

6oi78U

2,6U9

72U

1.0755.15U

1.3961.581U,211

1,8152,602

laooaa md proflta taaaa

Total

818

1.0991,U27

2,1632,6U02,1892.1253.U70

7.96016.09U

1552,126

20£

1991.972

306}80

U,732

1,0009U0

3.803

1.255I.56U

Vlthhald byaapleyara (Currant

Tax Pi^BantAct of I9U3)

195U8

Ottaar

2/

818

1.099i,Ua7

2,1632,6MO2.1892,125

7.960i6,09U

206

1991,972

306380

U,732

1.0009U0

3.803

1.2361,016

hployaaBt taxaa

Total

253

7U0

833925

1,1861.U98

T^U82U8U7

€U850

282

55

U8

310

Soelal aaeorlty taxaa ^Tadaral InauraacaCeatrlbntlona Act

(Old-acalaaaranoa)

8enrea: Sally Traaaury Stataaanta,• Laaa than $500,000.

1/ Tor farther dataila, aaa chapter on Internal BaTaase

g/ Inoludaa unjuat anrlehaent tax and Tlotory ti

to BaTenna Act of 19U2.

51U

691896.130

212

3

UU231u

3?237

3

U3265

3

UU

287

federal Quaployaantlax Aet

(OnaapleyaaatlaauriBoe)

5»9010110898120158

81

391

lU

993

312

3

38

Carrlara' TaxingAct of 1937(Ballroad

retlraaant)

150109121

137170209

U36

1

8U3

1

7U2

36

1

15

MlacellanaouaInternalrarenne

I.U70

1.6572,0102.181

2,2792,2322.31*5

2,9673,8U7U.553

362309

350

P^630

36535237U

3U6

399353

512729

A^lenltnraladjuataenttaxaa

353521

77

8ti

eelleetlitlatlea.

one purauant

}/ Ter the period prior to Beptaaber 1939, tbe data In the ooluana en-titled federal Inaoranoe Contrlbntlona Aot and Taderal OnapleyaantTax Aet repreaaat oollaetlona under Tltlea Till nd IZ, raapee-

ttraly, of the Soelal Saoarlty Ast.

Budget Receipts and Expenditures - (Continued)

Table 3.- Analysis of General Expenditures

(In millions of dollars)

Fiscal yearor month

Taterans'Adminis-tration

1/ 2/

PublicWorks

i/ U

Aid to

agriculture

SocialSecurityprogram

2/ 5/

Direct and work relief

Work ProjectsAdministration

and Batlonal YouthAdministration

6/

Federal Emer-gency ReliefAdministrationand ClTll WorksAdministration

U

ClTlllanConeer-

Tat IonCorps

Intereston the

publicdeht

Otherdepart-mental

i/

Othergeneralexpend-itures

2/

193^

1935

1936

1937

1938

1939

19U0

igiii

19U2

19^3

igUz-August . .

.

September

October.

.

Noveober.

December.

I9't3-January.

.

February.

March

April

>ta7

June

July

Au^uat ...

l*.90g

5,900

5.935

6,1*37

5,86lt

7,221

7,055

6,215

5.986

5,595

312

itoi

320

6511

391

3^6

601

1(39

328

8U6

337

365

507

557

578

581

582

557

557

553

555

572

'*7

l»6

i»g

"7

"7

'»7

Ug

U9

l*g

Us

Ug

uu

U9

5U9

679

685

803

670

900

890

715

669

5^5

58

5i»

59

39

52

36

1*5

U9

35

22

Ul

38

56

U29

930

966

988

866

1,237

1,5U6

1.006 10/

1.091

1,052

U7

97

67

83

89

111

111

127

101

85

58

66

65

29

IgU

335

3'»7

392

U57

515

51"*

U3

22

eu

uo

3''

56

26

38

60

37

15

59

53

1,26U

1,896

1,U72

2,2U0

1,572

1.37U

970

299

U3

35

31

28

28

2U

19

16

11

g

3

1.513

1,831

U95

-1

U

2

1

332

't36

Ugg

386

326

290

283

257

163

18

5

1

757

821

7U9

866

926

9U1

l.oUl

1,111

1,260

i.gog

7

22U

70

2g

353

5^

35

262

g9

U2

609

68

U6

313

36U

U2U

510

Ugi

517

5^6

525

5UU

590

U6

52

U5

U5

U9

'»3

U5

50

59

70

UU

U2

77

509

2g3

25g

223

200

191

227

216

220

197

16

12

16

11

22

17

Ig

10

16

lU

27

15

19

_i_

Source:

y

y

Dally Treasury Statements.Less than $500,000.Includes public works undertaken by the Veterans' Admlnietratlon. 6/Does not include expenditures for (l) revolving funds or (3) trans-fers to trust accounts, etc. These are shown In Table 5-

Includes public buildings, public highways (Including forest roads ifand trails), river and harbor work and flood control, Tennessee Val-ley Authority, Federal Public Housing Authority (formerly U. S. 8/Housing Authority), reclamation projects and the Public Works Admin-istration. Kxcludes certain expenditures for public works In con-nection with war activities by the Federal Works Agency, beginning 27July igHi.

Comprises Agricultural Conservation and Adjustment Administration,Agricultural Marketing Administration, Commodity Credit Corporation,Farm Credit AdrDinlstration, Federal Fans Mortgage Corporation. Fed-eral land banks. Farm Security Administration, Farm Tenant Act,Rural Electrification Administration, and Department of Agriculturedepartmental expenditures.Includes railroad retirement and railroad unemployment activities 10/and excludes expenditures made by Office for Sioergency Management,War Manpower Commission (U. 5. Employment Service) under authority

of Social Security Act, For further details, see tables which fol-low on the Social Security program.Work Projects Administration was formerly Works Progress Adminis-tration. Beginning with July 19^2, expenditures for the NationalYouth Administration are shown In Table U.

Includes expenditures of the Reconstruction Finance Corporation forrelief throiigh loans and grants to States, municipalities, etc.Excludes expenditures for the U. S. Maritime Commission, depart-mental expenditures undor the Social Security program and the De-partment of Agrlciilturo departmental expenditures.Includes expenditures for the following: Office of Education, andPublic Health Service of the Federal Security Agency; refunds oftaxes and duties by the Treasury Department; Post Office Departmentpostal deficiencies; Federal Housing Administration; Treasury De-

partment Investments in Federal savings and loan associations; cer-tain expenditures of the Panama Canal; and capital stock of theFederal Deposit Insurance Corporation, Home Owners' Loan Corpora-tion. Federal home loan banks, and Disaster Loan Corporation.Oross expenditures have been reduced $l6o millions representing the

repayment of capital funds by certain United States Oovernmentagencies. For further details see "Treasiiry Bulletin" for June19^3. page 9. footnote 12/.

Budget Receipts and Expenditures - (Continued)

Table 4.- Analysis of Expenditures for War Activities

(In Blllloni of dollari)

PlBcal yearor moDtb

WarDepart-B«nt

NavyDepart-ment

MlBcella<-ieous var activities

Totalmlecel-laneouBwar ac-tlvltlee

Agric\il-

tureDepart-ment

FederalSecurl tjAeency

FederalWorks

l^ency

NationalHoueln^Agency

1/

SelectiveService(admlnlR-trative)

TroRBuryDopart-

UnitedStates

MaritimeCommission

i/

WarShippingAdaiinl B-

tratlon

kitto

China

Otherwar

actlTltleteipend-

Ituree J/

I03U.

1935.1936.

1937-1938-

1939-

19lt3-

igup-AuguBt . , -

.

September.

October . .

.

November.

.

December.

.

19U3-January. .

.

February.

.

March

April. .

MayJune. . .

July...AUgUBt

.

531689900929

1,029

1.206

1.6576,301

26.01172,109

I'.SS't

5.38''

5, "181

6.0U2

5,825

5.9't7

5.7706.7"*

6. 97"*

7.0927.U69

6.U3g

7,232

2U3

273

3833781*32

1190

6673,678

lU,070U2,265

2.8753.515

3.'»17

3.5383.770

"•,053

3,2393.985

3,7273.8573.li2U

3.808U,219

2971*36

529

557596

673SI 2

2.3138,580

20.888

1.3761,29'*

1.596l.lt78

1.380

1.27'*

2.002

2.053

2.1022.2512.980

1.898

2,037

-10-21-12-6

1

1*U

99310

3,3628.955

633572

U671.025

676

620

526

705

l.l'*5

981*

1.065

726

976

3696

2.011

619U

51'*33

21

18

12

17

51U

3823I8

12

180

62

111

153

13u

21

166

1712

21

11

U

8

16

62

215

17

13

17

15

19

1712

17

15

26

33

2U

27

"5

29760B

U?

Us

5050

1*1*

39

55

61

7770

72

18

3352

1*

5

32

5

3

5

5

6

5

5

5

5

2U

5191,201

110102

11081

83

9579

103

120106117

95118

-10-21

-12-6

1

Wl

9951

9292.776

211lUl

U6

271*

275

331223

285

2l*8

2l»3

315

319361

1321.105

99113

111

85127

7766

103

69

85116

105

119

200UO

20

20

108

382

795

76

56

6068

88

18

5996

925186

8581

Source: Dally Treasury StiitementB .

Sack Figures: For monthly flguree commencing July 191*0. see "Treasury Bulle-tin" for May 191*3. PRfie 7.

• Less than $500,000.

1/ Includes war public housing functions.

2/ Includes emergency ship construction, beginning March 19U1.

^ Similar Items for periods prior to fiscal year IQl*! are classifiedunder Other departmental and Other general exptndltures in Table 3-

Includes war expenditures of Commerce. Justice. Interior, and StateDepartments; ClTll Service Commission; Executive Offices of the

President (including Office for Emergency Management); Panama Canal;capital stock of Smaller War Plants Corporation; and Defense AidSpecial Fund.

Table 5.- Analysis of Expenditures for (1) Revolving Funds and (2) Transfers to Trust Accounts, Etc.

(In nllllone of dollars)

Fiscal yearor month

Revolving funds (net) 1/

Aid to

agriculture

2/

Publicvorlca

u

Transfera to trust accounts, etc.

Veterans

'

AdminlB-tratlon

V

SocialSecurity

prograai ^

Sovernmentenployeee'retirement

funds(TT. S. share)

A-id to

a^lcultxire

6/

Federalcontribution to

District of

Columbia(U. S. share)

I93I*.

1935-

1936.1937.

1938.

1939.IcllO.

19U1.

19U2.

191*3.

19l*2-Auguet

September.

October. .

.

November .

.

December.

.

19U3-January...February .

.

March

AprilMayJune

JulyAugust. . ..

U96

31*5

11

201*

121

925'*

-13618

1*0

1

7

16lU

10

-1

5

31*6

lUi

-33-18

-13

-8-6

-159 V7

Ul

-1-1

8

16lU

10

IU920U

hk

221I3U

101

592311-1

7776

1,820608

225

167

232331381'*35

19

5

563

25

352

1

381

1

31*1*

15

50

50

1,773

557

101

30

6U

222

1

21

321

1

U

1U6

107121

132IU5

221

3t

35

161

12

21

211*1

1*7

73

7587

93103

107

177

18

91126

71

72

23

Source: Daily Treasury Statements,• Less than $500,000.

1/ Additional transactions on Aid to agriculture and Public works are

shown in Table 3-

?/ Farm Credit Administration.

3/ Public Works Administration.hj Comprises Adjusted Service Certificate Fund and the National Service

Life Insurance Fund, administered by the Veterans' Administration.

5/

!^

Includes railroad retirement and railroad unemployment activities.For further explanations see tatles which follow on Social Securityprogram.A^lcultural Marketing Administration (surplus commodity stajnpe).

Gross expenditures have been reduced $155 millions representing the

repayment of capital funds by certain United States Governmentagencies. Tor details aee footnotes to Table 1.

10

Budget Receipts and Expenditures - (Continued)

Table 6.- Totals by Months, Beginning with 1934

(In mllllonB of dollars)

Apr

.

May July Sept.

Net budget receipts 1/

193't

19351936

19371938

1939

19UO19U1191*2

igits

Budget expendl turea 2j

193"*

19351936

193719381939

igito

19U1l9l»^

I9't3

Net budget deficit ^Z

igs"*

19351936

193719381939

191(0

191*1

191*2

191*3

211

203228

239291*

271

31531*0

578788

6951*82

521

1*92

656

7121.1112.6286.372

1*81*

279

?93

300198

385

398771

2,0505.581*

206211*

215

23030s

367

1*1*1*

5UI

758

955

631*

5251*80

51*6

l»7U

612

668

1.0752,6296.119

1*28

3IU262

31616621*5

22I*

531*

1,8715,161*

1*20

601

752

967916687

7991,5663,51*7

5,206

573570636

766705820

822

1.3993,«217.35I*

153-31

-116

-200-212

132

22-167-126

2.11*7

182228

231

3I8

262213

30I*

565

695I.5II*

61*3

599631

695631

730

7831.315

3.7537,1*66

U61

3711*00

377369

517

1*79

7503.0585.952

23721*6

256

290

37331*7

1*00

39U

5631,1*80

1*5U

527656

511*

566691*

61*7

1,11*1

3.9537,1*35

21*7

2511*30

221*

2U771*7

3.3915.955

3911*61*

529

828771*

557

61*9

1.2762.1*92

U.569

61*3

6932,1*27

1,253930595

887

1,528l'.530

8.327

252230

1.898

1*25

156

339

237252

2.0373.758

218

279291*

367273265

331U1371*7

2.007

611

561656

63572576I*

818

1.5985.1607.112

393282362

2681*51

1*99

U87

1.185U.U13

5.105

2S6

1*12

1*1*9

372

1*1*7

397587

2,721

5611*2U

571*

6U5771*

7061.5295,2157,617

275125231

105

1951*02

2581.1331*,628l*,896

Ul*9

1*21

1*99

7U7

678676

711

1.1352.527

51*1*

570676

63271871*1

7591.87I*

5.931

951U9

177

-1151*0

65

1*8

7393.1)01*

260

235272

292300279

3331*1*5

607

701

632677

565737721

869

2.083

5.937

i*Ul

3971*05

2731*37

UU2

5361,6375.331

21*7

231*

233

286

35036I*

36256I*

601

5591*89

56I*

l»57

eu661*8

8171,8586,363

312

255331

171

296281*

U551,291*

5.761

3851*31*

517

823672521

71*0

1,2122,701

636607716

635830832

1,1722,51*2

6,500

251

173

199

-188

157311

1*32

1.329

3.799

3.1*92

3,857*.372

5.7985.6501*,918

5,831*

8,81*9

16,1*03

7,281*

6,6829,21*1*

7,751*

8.0978,885

9.65719.05356.020

3.7922.825U.872

1.9562.1*1*7

3.967

3.82310.201*

S.6I8

Source: Daily Treasury Statemente.

1/ Total receipte leaa net afflounta transferred to PederalOld-Age and Survivors Insurance Trust Fund.

2/ Excludes public debt retirements."^ Total expenditures less oet receipte.

11

BUDGET RECEIPTS AND EXPENDITURES

1938 1939 1940 1941 1942

JMMJSNJ^AMJSNJ^AMJSNJ»AMJS^JMMJSNJMMJSN

12

Receipts and Expenditures for Trust Accounts, Increment on Gold, Etc.

Table 1.- Trust Funds

(In mlllloni of dollarB)

Fiscal 7»aror nODth

Totaltrust funds,

nat racelptt {*)

or nat axpendl-turaa (-)

7adaral Old-A^a andSurrlTorB Inauranca

Truat Fund

SacaiptsSxpandl-turaa

UnemploynantTrust Fund

BacaiptflS^endl-turaa

RailroadRatlrament Account

RaceiptsIxpendl-turaa

Othertrust accounts 1/

KaceiptsExpendi-tures

1935-1936.

1937.1938-

1939-igMo.igUi.

19't3.

19U2-Au«UBtSeptember.

October . .

.

November .

.

December .

.

I9U3 -January. .

.

February.

.

March

April..

MayJune . .

.

July . .

.

August.

2U*6k31.1911

2937376692

197-227

+60+2711

-290

+2U222-260

+Jt9

266-279

+92275

131096

193-229

+it2

227-273

236-272

1*1+2lW

-287

ItO270

267U02

530580

7179UO

1.190

2101

42229

2

35235

2

kl

262S4

Ul

28U

267llOl

529577707

9311.185

16

230

2

27U

27lt

1

lU

371

111*

3-1

-U

+1(0

-36

-2-2

132-8

1

1929'*

763

838

959l.lllt

l,2¥t

1.399

22329

502U3

73

Ito

262

3^

3527781

kk

313

1929't

751

837957.118

.243,UOU

220

30

5^203

109

U2^9^

33

3227588

l42

308

2-2

11•

u

lll8

109123127iMlt

221

3'

3U

35

16:

llt6

107125116iWta7

i^

3U

1

35

*

165

2l(

6U3U20-It

2U35205788

1222619-8

-1111615+11

+551

233301

2.053858

323

3U9

366U09

512

975

41

68

64

5^66

661*7

82

9182

152

316101

210

2372.020

838

327

325

331389455887

41

66

424848

74

58

71

8567

lUl

261

100

ce; Cally Treasury Statements.• Less than $500,000.

1/ Includes Government Insurance and retirement

Table 2.- Other Funds

(In millions of dollars)

Fiscal yearor month

Transactions In checking accountsof OoTarnment agencies, etc.

Total alltrmas-actions

Issuanceof obliga-tions 2/

Othertrans-actions

Increment on gold

ReceiptsIxpendi-

tures

Seigniorage on silver

ReceiptsXxpandl-tiares

Miscellaneous fundsand accounts 1/

Hat RaealptsSipandl-tures

193'».

1935-1936.1937.1938.

1939.1940.1941.1942.

1943.

19U2-AugUBt. . .

.

September.

October.

.

November

.

December.

I9U3. January.

.

February.March

Aprl 1

MayJune

JulyAugust . .

.

-734+637108314204

76834

-217-3.625-2.194

-262-25

-583449-548

-186

-370-300

-17

-356+82

-726-148

i1.106288852

-1,809-658

-23

-311-2

-5

-8

-25-11

-4

-290-2

-381-3

J-337-254

-1.069-1.815-1.535

-271-2

-272+451

-5^3

-178-345-289

-13-66

+83

-345-145

+811-111

-403-99

.

"5^

-5

2,8112

1

21

2,000

"?404101

52

+140

13

Means of Financing Cash Requirements

fin mlllioDa of dollars)

nseal 7*«Tor BOBth

AaouBt raqulred to bo finanoed

Totalaaovnt

ro^ttlred

to boflaanood

lot

budcttdeficit

1/

HotIncroaooIn Oonoral

Toadbalaaeo

Hotoj^endltiuroi

in truotaccount I,

InoromoBton cold,otc. 2/

Moane of financing

totalaaonnt

flBABCOd

IncroaooIn

publicdobt

Hot

docreaooin Oenoral

Tnndbalance

Hot

roooiptoin tmotaccount 0-,

incroBonton gold,etc. 2/

I

1934.

1935.

1936.

1937.

193«.

1939-

19>40.

ISUl.

l.9'i3.

September

.

Hov«m%er,

Oeoem^ar.

Tetruary.

March

May...

June.

.

J-alj...

U,6l6

3.ao9

5.390

1.3«'»

lt.l61i

3.611

5.9911

23,U6l

(M.ZTk

'».683

't.798

6,U20

5.761

12,051*

5.719

5,286

2,696

lU,3go

6,061*

3.961*

5. 71*0

U.S96

2.896

3.809

U,550

3.1't9

l.3(>*

3.611

5.103

19.598

55.897

'4,628

3,'*oU

5.331

5.761

3.799

5,58U

5,l6l*

2,11*7

5.952

5.955

3.T58

5.105

't.896

1.720

8>I0

622

7U2

358

6.515

1,11*8

g9U

7. 1*61

8,1*38

70

11*8

3.506

1,861

5"*

2l*5

1I96

79U

135

122

5I19

39

206

635

it.eie

3.209

5.390

3.1't9

1.381*

U,i6l*

3.611

5.99U

23.1*61

61*. 271*

i*,683

'*.798

6,1*20

5.761

12,051*

5.719

5,286

2,696

li*,390

6,061*

3.961*

5.7'to

i*,896

i*.5ii*

1.61*8

5.078

2.61*6

71*0

3.275

2.528

5.991*

23.1*61

61*. 271*

i*,5l*9

1*,798

6,U20

3.212

12,051*

2,899

2,95^*

1.1*83

ll*,3l*2

6,o6U

78U

U,g2g

2,53't

71*1

128

338

9U7

131*

l,8ll»

2,819

2.331

1,213

3,180

912

2,231

101

821

312

37U

306

890

136

736

1*8

131

Source; Daily TreasuzT- Statements.

1/ Excludes EBDounte for public debt retirement which are charge-able to the sinking fund, etc., under special proTislona oflav.

2/ Conprlsas trust accounts, cheeking accounts of Oovernmentagencies, etc.. Increment on gold, eei^lorage on sliver, andmiscellaneous funds and accounts. Increment on gold ezcludeaexpenditures for national hank note retirements.

Social Security Program

Section I,- Budget Receipts and Expenditures

Table !•- Social Security Act

(In mllllona of dollars)

fiscal yearor month

Baeelpta

Oroflt receipts

Total

Social Security taxes

federal InsuranceContributione Act(Old-a^e insurance)

y

federal UnenploTiBent

Tax Act

(Unemployment insurance)

2/

Lett amountt credltsd to

Ttdtral OXd-Age andSuTTlTort Inturanct

Trn«t Tund J/

Het

recelptt

193619371938

193919110

I9UI19U219U3

1942-XuguttSeptember.

October. .

.

NoTembor.

.

December.

.

19'*3-January. .

.

February.

.

March

AprilMayJune

JulyAu^;u8t . . . .

252.260U.U631.2712.2788.2

1,015.61.28S.9

220.1

^}1*6.6

239.8t-5

50.7335-8

6.1

1*6.7

276.2

5-9

U6.g29U.7

I9i».3

51U.U530. "»

60U.7690.6895.6,130.5

211.73.'»

U3.9

231.1

3-5

37.1236.7

2.9

26U[261*.

6

2.8

1*3.6

286.6

57.890.1

100.9107.597.7

119.9158.1*

8.5.9

2.6

8.71.0

13.6

99-03-2

3-311.73.1

3-28.1

265.03«7.0503.0

nu868.9

1.103.0

209.

u

1.2

Ul.l*

228.51.0

35.3231*.

9

1.0

1*0.8

262.0.2

1*0.8

283.8

-12.8217.1*

128.217l*.5

126.91I16.7

185.9

10.7

3-1

5-111.2

3.5

I5.U

100.95-1

5.8lU.2

5-7

6.0

10.9

Fitcal yearor month

1936193719381939191*0

191*1

191*2

191*3

19l*2-Au«uBt

September

October. .

,

November .

.

December.

I9l*3-Januiiry. .

February.March

AprilHayJune

,

JulyAu^et . . .

.

Kzpenditures

Total

28.

U

182.7

332.53't3.3

i8l*.2

9.1*

50U.1*

527.2

M*<

'*1.7

21.2

63.238.931*.

8

58.

9

29.31*3.

u

61.639.016.1*

59-952.6

Adminis-trativee^enses

.6

15.820.021.325.331-531.5

33.3

2-72-5

2.g2-32.7

2.62.8

3-3

3.02.93.0

2.8

2-5

Orante to States

Total

27.8166.9

271.5320.

1

356.51*15.2

1*69.6

U91.I

38.718.

5

60.136.1*

31.9

56.126.3

39-9

58.335.813.1

56.81*9.8

Social Security Board

Old-aeeaBsltt-ance

19.7I2U.8182.2208.8227.6260.1299.1316.9

26.011.0

35.221*.

8

21*.

9

m27.2

38.625-39.6

Ul.l

32.8

Aid to

dependentchildrss

2.0ll*.3

25y531.0U5.1*

63.269.U67.3

6.8

2.9

8.26.U2.7

t.l3.2

8.25.1*

.6

7.16.5

Aid tothe

blind

1.01*.6

8.0

8.5

1.0.7

.u

1.2

•9

Dnomploy-ment com-pensationadminl e-

tratlon

.9

9.11*1.9

58.958.363.070.355-1

3-33-5

12.1*

3.02.0

10.8.2

1.7

1*.7

.3

.2

3.67.0

PublicHealthSenrice

Publichealthwork

2.1*

7.88.98.09.1*

10.811.1*

10.7

.6*

2.U

2.3

2.1

.3

2.21.1

Department of Labor

Maternaland childhealtheervicee

1.0

3.1

3.8

3.7I*. 8

5.5

6.5

.1*

5.5.8

• 5

.6

.6

.2

.5

1.1

Servicesfor

crippledchildren

.6

2.1

2.73.0

uk.O

3.8

•5• 3

.3

• 5.2

• 3• 5.1

.5

.1*

Childwelfareeerricet

WarMaiqiovflr

Comnltelon(n. S.

IbploymentService)

.2

1.0l.U1.51.5

1.6

.3

• 3

Office forSnergencyManagement

20.7

1-3

3.13.86.5

2.U2.1

1.5

1.0.2

Refundsof

taxes

Ul.o 6/1.8

u3.52.8

• 3.3

•3

.2

.2

.2

.2

.2

.2

.3

.3

• 3• 3

Ixceesof

expendi-tures 5/

28.1*

195.5115.1215.1209.7322.5357.831*1.3

31.018.1

58.027.731 .U

'«3.5

-71.638.3

55-72U.810.7

53.81*1.7

i/

Dally Treaeury Statements.Leee than $50,000.Formerly Title VIII of the Social Security Act.Fonnerly Title IX of the Social Seciirlty Act. Includes Eanounte equalto appropriations to Railroad Unemployment Insurance AdministrationP\ind equivalent to amounts of taxes collected with respect to theperiod from January 193^ to June 1939. Inclusive, from employers sub-ject to the Hallroad Unemployment Insurance Act (See Table } of Sec-tion I).

Prior to January 1, I9U0, figures represent ODcrunt s transferred tothe Old-Age Reserve Account. Prom Jrmuary 1 to July 1, I9U0 "trans-fers" were made to the Federal Old-Age and Survivors Insurance TrustF\ind. Subsequently receipts have been deposited in the General Fundof the Treasury and "appropriated" directly to the Federal Old-A^eand Survivors Insurance Trust Fund. Amounts shown as transfers re-flect dedxictlons made for reimbursement to the General Fund accountto cover administrative expenses, trtildi are shown as expenditures in

ySection II, Table 1.

Includes only expenditures from appropriations made specificallyfor administrative expenses relating to the Social Security Act;namely, Social Security Board. Department of Commerce, and Depart-nent of Labor; and administrative expenses reimbursed to the Gen-eral Fund of the Treasury under Section 201 (f) of the Social Secu-rity Act, as amended. Beginning July 1, I9U0. includes also admin-istrative expenses under the Wagner-Peyser Act. Excludes adminis-trative expenses payable from other appropriations, principally forthe following agencies: Bureeoi of Internal Revenue of the TreasuryDepartment, and Public Health Service and Office of Education ofthe Federal Security Agency.Covered by appropriations by Congress.Second Deficiency Appropriation Act. fiscal year 1938. approvedJune 25. 1938, carried an appropriation of $Uo. 561.886 for makingrefund to certain States of portions of Federal employers' tax for1936 collected under the Social Security Act.

15

Social Security Program - (Continued)

Section I.- Budget Receipts and Expenditures - (Continued)

Table 2.- Railroad Retirement Act

(In Dllliona of dollara)

Iscal yearor Bonth

BacelptB

16

Social Security Program - (Continued)

Section II.- Statements of Trust Accounts

Table 1.- Federal Old-Age and Survivors Insurance Trust Fund-ij'

(Cumulative from organization - In millions of dollars)

End of fiscalyear or month

Bficelpts

lotal

receipts

Appropria-tions by

Congress invest-ments

Expenditures

Totalexpendi-

tures

01d-eg«benefit

payment s

Beifflbursement

foradministrative

expenses 2/

Invest-

ments

Unexpended balance

In Oener&lRmd

In disbursingofficer'saccount

1936.

1937.1938.

1939-I9U0.19U1.19I12.

19't3.

19U3-June . .

.

July...August.

267.3782.7

1.199.61.792.12.536.23,502.811.720.7

"t. 720.7U.76U.3

5.051.0

265.0765.0

1.155.01.705.02.393-13.288.8ti,Ui9.3

U. 1*19.

3

U.I462.8

't.7'*9.5

2.3

17-7i*lt.fa

87.11U3.121U.1

301.5

301.5301.5301.5

19.3U7.t;

13s. 6

275.6U52.U

52. It

1*69.0

'*85.7

5. I*

19-335.1

99.5209.8

399.1

3S.1372.8

386.7

12.339-165.993.'*

93 .U

96.2

99.0

2b7.2

777.21,130.3l.7W».7

2,397.63.227.2u,268.3

U,26?.3U. 295.1*

U,565.2

267.1662.3

1.177.21.73S-12.380.63,201.6[(.236.8

U, 236.8U.223.8

U.223.S

.1

113.0.1

.56.2

5.27.0

7.01*7.7

317.6

.1

1.9

3.06.1

10. s

20. U2U. 5

2U.5

23.823.8

Source; Dally Treasury Statements.• Less than $50,000.

1/ Includes transactions effected under the predecessor Old -Age

Reserve Account

.

Under Section 201 (f) of the Social Security Act amendments

of 1939.

Table 2.- Railroad Retirement Act

(Cujnulatlve from organization - In millions of dollars)

End of fiscalyear or month

Beceipts

Totalreceipts

Appropriationsby Congress

Interest oninvestments

Expenditures

Benefitpayments

Total Investments

Unexpended balance

la Generalrand

In disbursingofficer's account

1936193/

19381939191*0

I9UI191*2

191*3

191*3- June...July...August.

1*6.6

1*6.6

11*7.3268.it

390.8506.9650.9871.5

871.5,131*.

2

,131*. 3

1*6.6

U6.611*6.5

261*.

8

381*.

9

U98.5

63r8185U.

85l*.2

116.9

116.9

1.1*

3.6

5-?8.1*

11.6

17.3

17-3i7.lt

17.1*

U.o

79.

8

185.

6

298.7U19.951*6.1

676.6

676.6687.7

698.8

U6.61*2.6

68.1

82.792.187.0

lOlt.8

I9U.9

191*.

9

UU6.5

1*35.5

66.267.279.1*

71*.

91.5178.0

178.0332.0321.0

U6.6

36.6.2

13.210.82.51.6U.l

l*.l

102.1

102.0

12.812.5

12.5

Dally Treasury Statements.Less than $50,000.

Table 3.- Unemployment Trust Fund

( Cusnilatlve from organization - In millions of dollars)

X7

Cash Income and Outgo of the Treasury, by Major Classlf Icatlone^

(1b BllllOBS of dollart)

18

CASH INCOME AND OUTGO OF THE TREASURY

JMMJSNJMMJSNJMMJSNJMMJSNJMMJSNJMMJSN

GENERAL FUND OF THE TREASURY

-19-

20

Assets of the General Fund of the Treasury

(In mllllona of dollara)

Hnd of flecalyear or month

TotalBullion, coin,and currency

DepoaltB InFederal

Resenre Banks

Special depoflltB

account of Balesof OoveriuneQtieciarltlee

21

Analysis of Change In Balance of General Fund of the Treasury

[l^n millions of dollars - Net Increase or net decrease (-)]

Change during fiscalyear or month

Totalchange In

G«naralfund

balance

Vorklng balance

Totalworkingbalance

Oeneraland

specialaccounts 1/

Publicdebt

accounts 2/

Trustaccounts ^

Miscel-laneousfunds andaccounts

y

Chaclclne

account* ofOoTeramentagencies.

etc.

Seigniorageon

allTar

Increment

gold 5/

1S3^.

1935-

1936.

1937.

1938-

1939.

igito.,

19U1.,

19112.,

191*3.

19U2-AugU8t

Septeffll)er,

October.

.

November

.

December

.

19l*3-Jwiu^W7 . .

February.

March. . .

.

April.

May..

.

June.

.

July...

August.

1.720

-7Ul

8l40

-128

-338

622

-91*7

71*2

358

6.515

-13lt

I.1U8

59"*

-I.8IU

7.lt6l

-2,819

-2.331

-1,213

8,1*38

70

-3.180

-912

-2,231

908

-769 6/

1.067 6/

-70

-377

537

-997

722

3l*U

6.515

-131*

l,li«g

59U

-l,gllt

7.1*61

-2,819

-2.331

-1,213

8,1*38

70

-3.180

-912

-2,231

-2.896

-3.209

-U,550

-3.11*9

-1.381*

-3.51*2

-3.611

-5.103

-19.598

-55.897

-U.628

-3,1*01*

-5.331

-5.761

-3.799

-5.581*

-5.16I*

-2,11*7

-5.952

-5.955

-3.758

-5.105

l*,51l*

1.739 1/

5.1*75 2/

2.71*62/

792 2/

3.280 2/

2.528

5.991*

23,1*61

6U.271*

U,5H9

i*.798

6,1*20

3.212

12,051*

2.899

2.951*

1,1*83

ll*,3l*2

6,061*

78U

1*,828

2.531*

2U

6U

31*

19

11

29

37

37

66

92

197

-227

60

27I*

-290

21*

222

-260

1*9

266

-279

92

275

2

16

11

39

21*1

10

6

27

13

1*1*

27

26

11

16

51

-9

-1

U

-73U

637

108

3IU

201*

768

31*

-217

-3.625

-2.191*

-262

-25

-583

1*1*9

-51*8

-186

-370

-300

-17

-356

82

-726

-11*8

11*0

176

to

90

90

1*9

20

lU

811

-111 6/

-1.03 6/

-99

-51

ce; Daily Treasury Statement a.

• Lees than $500,000.

1/ ThlB le the net budget deficit. Excludes anounte for publicdebt retirement which are chargeable to the sinking f\ind,

etc.. under special proTlelons of law.

2/ This represents the Increase In the groee public debt, except

as noted. (See footnote Jj •)

^ Includes Federal Old-Age and Survivors Insurance Trust Fund.

Unemployment Trust Fund, Railroad Retirement Account, Govern-ment insurance and retirement funds and other trust fVinds.

U/ Comprises Public Works Administration revolving fxind and spe-cial deposits (net). Also Includes Agricultural Marketing Ad-mlnletration commodity food stamp transactions.

5/ Includes expenditures for retirement of national bonk notes.

6/ In the fiscal years 1935 and 1936, $91 millions and $551* mil-lions were transferred from Increment on gold to the working

balance for retirement of national bank notes. In this state-ment, however, charges for retirement of national bank notesare reflected directly against Increment on gold. In the yearsduring which the retirements were actually made. Inactivegold in the amount of $1,087 millions for the fiscal year 1937is considered as a part of the working balance general andspecial accounts for the purpose of this table.

2/ Expenditures for the retirement of national bank notes fromincrement on gold for the fiscal years 1935 ^^ 1939 (as shownbelow) are not reflected herein, but are reflected under in-crement on gold as follows: 1935 - *91 millions, 1936 - $397millions, 1937 - $99 millions, 1938 - $51 millions, and 1939 -

$5 millions, total - $61+5 millions. The increases in the pub-lic debt shown in the table Means of Finandng Cash Require-ments for the above fiscal years will not agree for the reasonstated above.

PUBLIC DEBT AND GUARANTEED OBLIGATIONSOF THE UNITED STATES GOVERNMENT

— 22-

23

statement of the Public Debt and Guaranteed Obligations Outstanding

(In million of dollars)

2U

Composition of the Interest-Bearing Public Debt

End of fiacal yearor month

Interest-feearing public debt outstanding 1/(In millions of dollars)

Bills andcertificates

ofindebtedness

Specialissues

Percent of interest-bearing public debt

Total Bonds Notes

Bills andcertificates

ofindebtedness

Specialissue.

193"*

19351936

193T1938

193919'to

19U1l^hi19U3

19U2-AugustSeptember.

October. .

.

November .

.

December.

.

19l»3-January. ..

Pebmary .

.

March

AprilMayJune

JulyAugust . . .

.

SS.USO27,61(5

32.9«935.80036.576

39,886its. 376'48,387

71.968135,380

Sl,2l*lt

85,81*7

92,26595,1*58

107,30s

110,02lt

112,851111*. 287

128.61*3

131*, 675135.380

lU0,23811*2,721

16.51011*. 93618,62821,32223,599

27,56629,91731*. 966i*8,776

79,1*21

53.6805U.U13

57,28557,99161*. 868

66.07666.90567. 71*5

75.07079,10279.1*21

80,20880,893

6.65310.02311.38110,6179.1117

7,21*3

6,3835.698

9.70316,663

10.1*28

12.095

15.05915.79816.21*7

16, 61216,98816.11*3

17,58017,96016,663

19,55319.578

2.9212.0532.351*

2.3031,151*

396

Pi626i558

,676

100,

100.

100.

100,

100.

1,3081,3021,',6035,60U

28.1*25

8,87310,829

11,33612.88217.161

18. 16319.39320,396

26,19827.1*11*

28,1*25

29.02130.31*3

3.770l*,775

6,120

7.88510.871

8,262

8,509

8,5858,7879,032

9,1729,56510,O0U

9.79510,19810,871

11.1*56

11,907

100.0100.0100.0100.0100.0

100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0

62.U5it.o

56.559.661*. 5

69.170.6

72.367.8

58.7

66.163.1*

62.160.860.5

60.1

59.2

59.3

58.1*

58.758.7

57-256.7

25.136.331*. 529.725.0

12.8llt.l

16.316.515.1

15.115.1lU.l

13-713.312.3

13-913.7

11.07.U7.16.1*

3.2

10.912.6

16.517.217.

8

20.1*

20.1*

21.0

20.721.3

1-52-31.9i*.3

7.3

9.511.312.611.08.0

10.2

9.9

9-39.28.1*

8.3

8.58.8

7.67.6B.O

8.2

8.3

Source: Dally Treasury Statements.

1/ Does not include eecurltiee issued by Federal agencies and guaranteedby the United States.

Public Debt Receipts and Expenditures

(In millions of dollars)

Fiscal yearor month

Eeceipts

Total

Public issues

Cash

1/

Certificates ofIndelitedneaa.

apeclal earlea

Adjustedserrlcebonds

Ex-

changes

SpecialIsvoat

Szpendltures

F^llc issues

Cash

1/

Certificates ofindebtedness,special series

changes

SpecialIseues

Sicessof

receipts

1931*

1935193619371938

1939I9I1O

I9U1191*2

191*3

19l*2-Auguot

September. . .

.

OctoberNovemberDecember

191*3-JanuaryFebruaryMarch

AprilHayJune

JulyAugust

13,583-013.125-511*, 120.

8

9.589.1*

9,620.8

13,083.613,165.617,81*6.737,l6i*.3

122,631.9

578.3,168. it

.

929-1*

.729.96U3.1

078.1982.6501.6

620.0.6U3.3

.1*80.3

8,702.28,101*.

5

9,160.9

5,715-98,958.06.198.61*, 775-8

7.1*75-17.19i*.l*

10,1*62.1

30.387.991*. 960.

6

5, 381*.

6

6.901.7

7.8O6.95.616.5

15.110.8

1*. 581.1*

6.566.55.321.8

17.526-58.85U.96.280.6

8.097.86,086.1*

303.017.911.0

928.0

890.0259.0

317.0

11*. 712.0

805.O

1,668.8ito.612.8

6.68.1*

2.21-3.7

.1

.1

.1

.1

U,158.5

6.963-72,978.2l,75l.'»

2,673-8

3,03l*-9

2,812.03,11*1.6

596.01,1*1*1.8

1*8.6

19-7

1,373-5

1.556.3

263.71*1*5.9

515-91,1*98.9

2,158.5

2,567.13,150.81*, 21*0.8

5,876.28,317.8

193-7290.0

102.7223-3273-2

179-71*16.0

1*67.7

93-51*11*. 9

5. 391*.

7

60U.3

U61.8

9,068.511.1*77.79.01*3.2

6.91*3.3

8.880.

7

9.808.810,637.611,852.8

13,703.358,358.2

1.029.33.370.0

1,509.03.517.93.589.0

2.178.7U.028.219,018.6

3.277.7l*.579.7

11.696.8

3.873-85.570.1

l*,719,5

4,305.15,51*2.01*, 625.05.166.0

5,301.05,679.85,815.68,693.1

33.673-6

973-22,350.6

1.1*62.2

3,028.82,879-3

2. 021*.

8

3,803-11*,277-1

2,975-53,l9l*-7

6.169.7

3. 851*.

7

1*.002.7

303-017,911-0

928.0

U68.0681.0

115.0202.0

lU, 712.0

805.0

U.158.56,963.72,973.21.751.1*

2.673.8

3.03i*-9

2,812.03,11*1.6

596.01,1*1*1.8

1*8.6

19.7

1,373-5

1,556.3

190.6208.8

523.0567.0

1.01*0.3

1,U72.92.11*5.8

2.895.6l*.111.3

5.331.8

56.11*2.8

27.221.228.7

38.923.0

29.5

302.211.5

U, 722.1

19.1

11.1

i*,5li*.5

1,61*7.8

5.077.72.61*6.1

71*0.1

3.27U.S2,528.0

5.993-923.1*61.0

61*,273.6

U.5U9.01*. 798.1*

6, 1*20 ."3

3.211.912,051*.!

2,899.1*

2, 95U.lt

1,1*83.0

li*,3i*2.3

6,063.6783.5

1*. 828.1*

2,53U.l*

Source: Dally Treasury Statements,Less than $50,000.

1/ Excludes certificates of indebtedness, special series.

85

26

Computed Annual Interest Charge and Computed Rate of Interest on the Interest-Bearing

Public Debt and Guaranteed Obligations

(In millions of dollars)

End of fiscalyear or month

Total lasxied and guaranteed by

the United States

Interest-bearingdebt out-standing

Computedannual

iDt«restcharge

87

Maturity Schedule of Interest-Bearing Public Marketable Securities

Issued or Guaranteed by the United Statesl/

As of August 31, 1943

Tearand

monthDescription of security 21

I9U3.

Sept.

Oct..Not..Dec.Dec.

.

ret..Mar..Mar..Apr.

.

Apr.

.

Apr..May..May..May..June.Aug..Sept.

Sept.

Dec.

.

19lt5-Jan..

Jan.

.

Peb..

Mar..

Mar..June.Sept.

Dae.Dec.

.

19U6-Jan.

.

Mar..Mar..Apr..June.

J\2ne.

Dee.

.

191*7-Jan..June.Sept.

Sept.Oct..Doc.

19142 -Mar..Mar..

June.

June.Sept.Dec .

191*9 -Hay..JUne.June.

Sept.Dec.Dec.Dec.

.

1950-Har..Mar..Sept.Sept.Dec.

Treasury bl 11

s

1^ Treasury note C

3-1/1*^ Treasury bond7/5)8 Ctf . of Indcbt. D •

llSi Ctf. of Indebt. E1-1/8)6 Treasury note B

Total

l-3/8)S rPHA note B7/8)8 Ctf. of Indebt. A

3-1/XJ8

7/8)8

1)8

3-i/'*;8

7/8)8

3)8

3)8

3/U^ Treaexiry note A7/856 Ctf. of Indebt. D1/6 Treasury note C

3/^36 Treasury note DU)8

Total.

9/15A3....IO/I5/U3-U5.

11/1/1*3....12/1/U3....

12/15/1*3....

rPHA noteCtf. of Indebt.Treasury noteJTMC bondCtf. of Indebt.Rye noteTreasury bondCtf. of Indebt.HOIC bondFFWC bondTreasury noteCtf. of Indebt.Treasury noteTreasury noteTreasury bond

2/1/1*1*....

2/1/1*1*,...

3/15/W*....3/l5/Ul*.61*,

U/l/'A.-..1*/15/1*1*....

U/l5/Ui*-l*6.

5/1/1*1*....

5/1/IA-52.5/l5/l*l*-l*9.

6/15/1*1*....

8/1/1*1*....

9/15/K^....9/l5/>A-...

12/l5/l*i*-5l*.

1)8 B3C note1)8 HTC note1-1/8^ OCC note3/l*i8 Treasury notel-l/l*)8 Treasury notel-l/2?8 HOLC bond2-3/l*)S Treasury bond2-1/2)8 Treasury bond3/l*)8 Treasury note

Total

X-AX-B

AC

M

i/iM-.-.1/1/U5....

2/15/U5....

3/15A5....3/15A5-...6/1/U5-U7.

9/15/U5-U7.12/1 5/1*5 ....

12/15/1*5....

3)8 Conversion bond1)8 Treasury note3-3/^)8 Treasury bond3-l/l*)6 Treasury bond3)8 Treasury bond3-1/8^ Treaeury bond1-1/2)8 Treasury note

Total

1/1/1*6....

3/15/1*6....

3/15/1*6-56.U/15/1*1*J*6.

6/15/1*6-1*8.

6/15/U6-U9.12/15/U6. . .

.

3)8 Conversion bond1-1/2)8 HOLC bond2-3/'*)8 Treasury bond1-1/2)8 Treasury notel*-lA/8 Treasury bond2)8 Treasury bond

Total

2)8 Treasury bond2-3/l*)S Treasury bond

3)8 Treasury bondl-3/'*)8 Treasury bond2-1/2)8 Treasury bond2)8 Treasury bond

Total

1/1/U7....6/1/1*5-1*7.

9/15/1*5-1*7.

9/15A7....10/15/1*7-52.12/15/U7....

3/15/1*8-50.

3/l5/'*8-51-6/l5/U6-l*8.

6/15/1*8....9/l5/'*S.-..

12/15/1*6-50.

3)6 nwc bond3-1/8)8 Treasury bond

2'f) Treasury bond2)8 Treasury bond"i^l/Zii Treasury bond2-1/2)8 Treasury bond2)8 Treasury bond

Total

5/l5/l*l*-l*9.

6/15/U6-U9.

6/15/1*9-51.

9/15/^9-51-12/15/119-52.12/15/U9-53.I2/15/U9-51.

2)8 TreasTiry bond2)£ Treasury bond2-1/2)8 Treasury bond2)6 Treasury bond2)8 Treasury bond

Total

3/15/1*8-50.

3/15/50-52.9/15/50-52.9/15/50-52.12/15/1*8-50.

(In millions of dollars)

Detailed annual fflaturltles

riTed-maturltyIssues

12,81*6

2791.1*01

2.0353,800

1*21

20,782

llU2.211

515

5.251

571

'i!655'

1*16

2. 51*5

283

635

IU.I97

11*0

1391*12

7181,606

5UI

531

l*,0g6

16

503

3,261

3.780

13

2.707

"'701'

3.1*21

3,0621*51

3.513

Callable Issuesclassified by ysar of:

?lrstcall

95

1.519

779835

Wnalmaturl ty

1.037

U,26U

7551,211*

1.969

1*89

1.0368I9

2,31*1*

759

759

1.U51.223

571

2.910

1,011*

1,292I19I

1,7862,098

6,682

1.9631.186''.939

8,088

1.519

1.519

"'755'

1,21U

Total annual maturities

rixed-maturi tyissues plus

callable Istuesclassified by year

of first call

20.782

7lKed-maturltyIssues plus

callable Issuesclassified by yearof final maturity

20.782

18,ll6l

6.056

1.969

1.036

1.036

8358I9

1,65U

1,115

571

1.687

(Continued on following page)

6.12U

1*.180

6,1*23

ii*,l97

1*,086

6,682

8.088

5.299

5.391

l*,5l*9

I.65U

1,687

28

Maturity Schedule of Interest-Bearing Public Marketable Securities

Issued or Guaranteed by the United States -i/

As of August 31, 1943 - (Continued)

(In Billions of dollare)

Tearand

month

1951-Mar. ..

June.

.

June.

.

Sept..

Sept..Dec. ..

Dec...Deo...

1952-ltar."Mur...Hey...June.

.

Sept..

Sept..Oct...Deo...

1953-Jnne.Dee..

Dec

195U-Mar..Jnne.June.Dec.

1955-M"- •

June.June.

Sept.Deo..

1956-M«r.

.

Mar..June.Sept.

1957

195«-l<ar.

.

June.

1959-Sept.

1960-Nar.

.

Deo..

1961-June.

1962-June.

1963-June.Dec..

196U-Mar.

.

June.

1965-Doc1966

1967-Jnaa.Sept.

Description of security 2/

196S-Dec..

1969-June.

1970

1971

1972-Sept.

2-3/'*/' Traaiuiy tond2^ Treasury liond

2-3/^^ Treasury bond

2^ Treasury bond3?t Treasury bondS-l/kiL Treasury bond

2^ Treasury bond25I Treasury bond

Total

3/15/>t«-51.

6/15/U9-51.6/15/51-5".9/l5/'t9-51.

9/15/51-55.12/15/51-53-12/15/51-55-12/l5/'t9-51.

2-l/2)t Treasury bond25t Treasury bond

}i EOLC bond2-1/1451 Treasury bond2-1/2^ Treasury bond25t Treasury bondU-l/U^ Treasury bond3-1/851 Treasury bond

Total

3/15/52-5'*.

5/1/WK52.6/15/52-55-9/15/50-52-9/15/50-52-10/15/U7-52-12/15/>f9-52-

2ii Treasury bond2-1/256 Treasury bond2-l/l*?l Treasury bond

Total

6/15/53-55-12/15/1*9-53-

12/15/51-53.

2-1/2^1 Treasury bond2-3/''^ Treasury bond2-l/U5t Treasury bondh% Treasury bond

Total

3/15/52-5'*-

6/15/51-5".6/15/5I1-56.

l2/l5/'ti*-5l».

2-7/85S Treasury bondZ-l/h% Treasury bond25t Treasury bond

3^ Treasury bond

2> Treasury bond

Total

3/15/55-60.6/15/52-55-6/15/53-55-9/15/51-55-12/15/51-55-

3-3/"^ Treasury bond2-1/2^1 Treasury bond2-1/"^ Treasury bond2-3/U51 Treasury bond

3/15/U6-56-

3/15/56-58-6/15/5'*-56.

9/15/56-59.

Total.

2-1/251 Treasury bond2-3/'t1' Treasury bond

Total

2-3/"^ Treasury bond

2-TlZi> Treasury bond2-3/Uil Treasury bond

Total

yft Panama Canal bond

2-l/2)t Treasury bond

2-j/kiL Treasury bond2-1/2^ Treasury bond

3/15/56-58-6/15/58-63.

- 9/15/56-59-

- 3/15/55-60.- 12/15/60-65.

6/1/61....

6/15/62-67.

6/15/58-63.12/15/63-68.

3-l/l»)t flMC bond2-1/^ Treasury bond

Total

2-3/U^ Treasury bond

3/I5/UU-6U.6/15/61t-69.

- 12/15/60-65.

2-1/2^ Treasury bond2-l/2it Treasury bond

Total

6/15/62-67.9/15/67-72.

2-1/2^ Treasury bold

2-1/2^ Treasury bond

12/15/63-68.

6/I5/6U-69.

2-1/2* Treasury bond - 9/15/67-72.

Detailed annual aaturitles

Tixod-naturityIssues

50

Callabls issuesclassified by year of:

First

call

1.627

7551,118

510

It.Oll

1,02'»

1.501

2. 52'*

725

725

6gl

681

2,611

2,611

l,'tlt9

982

2,'»31

919

919

l,'»«5

1,1*85

2,118

2,831

2,831

'31762'

3,762

2, 716

2,716

Finalmaturity

1.223l.OlU

1,292

2,098

5.628

1,963779

1,186U.939

759U91

10,117

1,7861,118

2,90U

l,02l»

1,627

1.037

3,687

lisoi'

725755510

3. '•91

U89

681

1,170

1,UU9

l,Ult9

982

2,611

2,611

919

919

95

95

1.485

2.118

2,118

2.831

3.762

2.716

Total n".*M«i maturities

Fixed-maturityissues plus

callable issuesclassified by year

of first call

U.Oll

2,52ll

725

681

2, 611

2,U31

919

l,U85

50

2,118

2,831

3,762

2.716

Fixed-maturityissues plus

callable issuesclassified by year

of final maturity

5,628

10.117

2.90't

3.687

3.491

1.170

1. 1*1*9

982

2.611

50

919

95

1,1*85

2,118

2.831

3.762

2. 716

Souroet Daily Treasury Statement, and roporte to the Treasury.

1/ Excludes postal sarln^s bonds and Federal Souslne Administra-tion debentures.

2/ It should be noted that oallahle issues appear tvioe in thiscolumn, once in the year of first call and a^ain in the yearof final maturity. Callable Issuas with respect to which a

definite notice of call has been made, hoverer, are listed anfixed maturities. The abbreriations refer to the follovlnscorporations: Home Owners' Loan Corporation. BeoonstructionFinance Corporation, Commodity Credit Corporation. Federal FazvMortgage Corporation, and Federal Public Housing Authority.

29

Offerings of Marketable Issues of Treasury Bonds, Notes, and Certificates of Indebtedness 1/

Since January I, 1940

30

Offerings and Maturities of Treasury Bills, Beginning August 1, 1942

Date atnew IfiBua

or ofmaturity ofold ieeue

Data on new leeuee

Maturitydate

Number ofdaye to

maturl ty

Amount of caehSUbBCriptlODB

tendered

Bide accepted

Averageprice

per hundred

Xqulvalentaveragerate 1/

Aoount ofmaturingIssue

Total \)111»

outetajidln^

(as of dateshown Id

first column)

19l*2-Au«. 5 igltS-NoT. U.

Au«. 12.

Au«. 19.

Au«. Z6.

Sept, 2.

Sept. 9..

Sept.l6.

.

Sept. 17.Sept. 23.,Sept. 30.,

Oct. 7.,

Oct. lU.

Oct. 21.,

Oct. 28.,

Not. U.

Not. 12.

Not. 18.

Not. 25.

Dec. 2.

Dec. 9.

Dec. 16.

Dec. 23.Dec. 30.

19U3-Jan. o.,

Jan. 13.

Jan. 20.

Jan. 27.

?el). 3.

Feb. 10.

Feb. 17.?sb. 2U.

Mar. 3.

Mar. 10.

Mar. 17.

Mar. Zh.

Mar. 31.

Apr. 7-

Apr. lU.

Apr. 21.

Apr. 28.

Hay 5.

May 12.

May 19.

May 26.

June 2.

June 9.June 16

.

June 23.June 30.

July 7.

July lU.

July 21.

July 28.

Aug. U.

Au«. 12.

Aug. 19.

Aug. 26.

Not. 12.

Not. 18.

Not. 25.

Dec. 2.

Dec. 9.

Dec. 16.

Dec. 23.Dec. 30.

19l»3-Jan. 6.

Jan. 13.Jan. 20.

Jan. 27.

Feb. 3.

Feb. 10.

Feb. 17.Jeb. 2U.

Mar. 3.Mar. 10.

Mar. 17.

Mar. 2U.

Mar. 31.

^r. 7.

Apr. lU.

Apr. 21.

Apr. 28.

May 5.

May 12.

May 19.May 26.

June 2.

June 9.June 16.

June 23.June 30.

July 7-

July lU.July 21.July 28.

Aug. U.

Aug. 12.

Aug. 19.Aug. 26.

Sept. 2.

Sept. 9.

Sept. 16.Sept. 23.Sept. 30.

Oct. 7.

Oct. lU.

Oct. 21.Oct. 28.

Not. U.

Not. 1?.

Hot. 18.

Not. 26.

91

9291

91

91

91

91

91

91

91

91

91

91

91

90

9191

91

9191

91

91

91

9191

91

91

91

91

91

91

9191

91

91

91

91

91

91

91

929292

9292929292

92929292

9?9291

92

(In millionsof dollars)

583.059U.O

711.5891.6

872.0

709.8882.3

797.1725 .e

773.2713.19811. g

893.2

905.71.013.21.157. It

1.1U9.2

1.220.31,222.01.293.81.220.8930.3

1,21*2

1,2281,3061,016.7

1,301.81,01A.9l.llU.21.051*.

7

1.39"*. 51,382.31,302.71.329.91,101.1

l.lOU.l

1.359.61,622.31.585.8

1,388.61.509.31,566.71.37B.7

1,321.61, 1*37.

2

1,1*05.5

l.37>*.6

1.305.8

1,176.1*

1.3''5.5

1,520.31.373.8

1,1*08.9

1,1*19.01,U20.5

1.277-9

(In fflllllone

of dollars)

352.6350.7352.1*

353.0

350.9351.21*02.1

UOI.51*01.1

1*00.2

1)00.1*

505.1501*.

6

500.1501.

u

501.5501.2

503.2501*.

8

600.81601

603,

600,

601.

701.

702,

701.9707.8703.0700.8

701.3705.3802.2802.18O5.I

80l*.7

801*.

901*. 7

901.8

901.8907.0907.8905.lt

906.0908.

7

1,000.51,006.11,005.8

1.003.11,001.21.003.71,002.8

1.005.899" -7

1.005.31,002.3

99.90699.90599.90699.907

99.90799.90799.907

99.90699.906

99.90799.90699.90699.906

99.90699.90799.90699.907

99.90799.90799.90899. 908

99. 908

99.91099. 90899.90799.906

99.90799.50699.90699.906

99.90799.90699.90699.90699.906

99.90599.90699.90699.906

99.90699.90599.90599.905

99.90599.90I*

99.90599.901*

99.901*

99.901*

99-901*

99.90599.90U

99.90U99-901*

99.90599.901*

(Percent)

0.3720.3720.3720.369

0.3670.3680.369

0.3700.373

0.3690.3730.3730.373

0.3730.3730.3710.370

0.3680.367O.36I*

0.3630.365

0.3570.3630.3660.370

0.3690.3720.3730.371*

0.3690.3710.3730.3730.371*

0.371*

0.3730.3710.372

0.3730.3720.3730.373

O.37U0.371*

0.371*

0.371*

0.371*

0.3750.371*

0.371*

0.371*

0.371*

0.371*

0.3750.371*

(In mlllloneof dollars)

150.1*

250.7251.7251.0

251.3300.8301.0301.1

301.9

300.1301.2

351.9350.3

352.6350.7352.'*

353.0

350.9351.21*02.1

1*01.5

1*01.1

1*00.2

1*00.1*

505.150 1*.

6

500.1501.1*

501.5501.2

503.2501*. 8

600.8601.1603.0

600.1601.5701.5702.2

701.9707.8703.0700.8

701.3705.3802.2802.1SO5.I

801*. 7801*.

901*. 7

901.8

901.8907.0907.8905-u

(In millionsof dollars)

3,865.53.965.5U, 066-2l*,l68.2

u, 267.7U,31g.2I*. 1*19.

2

1*. 118.1lt.519.7

It, 618.

9

U, 719.0U,818.2l».971.5

5.125.7

5.273.35. 1*21*.

5.573-25,721.'t

5.873.«6,027.36,226.16,1*25.6

6,627.5

6,827.1*

7.028.57,225.07,1*22.7

7.62U.U7,830.88,032.1*

8,231.9

8,1*30.0

8,630.1*

8.831.89,032.79,2314.1*

9. 1*39.

U

9,6111.9

9,81*5.0lO.OUU.l*

10, 21*1*.

5

10.1*1*3.6

10.61*8.1*

10.852.9

11.057.711.261.111,1*59.1*

11, 663.

U

11,863.9

12.062.512,259.712.358.712.1*59.8

12,563.812,651.512.71*9.012.8U6.0

Data on new Issues come from Public Debt Serrice; amount ofmaturing Issue and total bills outstanding are on DallyTreasury Statement basis.

Back Figures: Annual Reports of the Secretary of the Treasury.

1/ Bank discount basis.

31

Fiscal yearor month

Sales of United States Savings Bonds

Table K- Summary, by Series

(In millionB of dollare)

Aaountoutstaadlng

end offiscal yearor month 1/

Net

changeduring

fiscal yearor month

Analysis of net change

GrosB Bales

Totalfunds

received

Adjustmentof salesreportedto funds

received 2/

Sales

reported

2/

Accrualof

redenptlonvalues

Bedemptlons

TotalOriginalpurchaoeprlco i/

All series k/

19351936193719381939131*0

19U1

igUs19'*3

igUS-August

September

.

Octolier. .

.

November .

.

December.

.

19U3-January. ..

February.

.

March

April

May

June

July

Au^Bt . . . .

19351936

19371938193919UO191*1

191*2

19^}

igUS-August

September.

October. .

.

November .

.

December.

.

19l*3-January . .

.

February .

.

March

April

May

June

July

August. . .

.

62.0316.1

799-61.237.7l,s6s.l2.901*.

7

i*,3ii*.o

10,188.221,256.2

11,751-2

12.1*78.8

13,380.8

11*. 078.

9

15,01*9.8

16,21*6.1

17,067.5

17.890.7

19,267.0

20,507.1*

21,256.2

22.030.2

22.693.5

62.0251*. 1

+US3-5^1*3S.0

+630.5+1,036.6+1,1*09.3

+5.87U.2+11,068.0

+673-3

+727.6

902.0

+698.0

+970.9

+1.196.3

+821.1*

+823.2

+1.376-3

+1.21*0.1*

+71*8.8

+77'*. 1

+663.3

62.6261*.

512.61*87.5

681*. 5,108.7.1*92.1*

.99^-111,788-7

697-3

75^-7

935-0

73" -6

1.011*-2

1.21*0.1*

887.2

9Wt-3

1.1*69.7

1.335-0

875-5

889.7

801.7

-65.1-12. S111.1

+?7.3

-72.7

+130.7

+8.5

-23-9

+7-2

+-7

6.7

-75-5

+75-5

+29-9

-16.7

+10.8 p

62.6261*.

512.61*87.5

68U.5

1,108.7

1.557.56,006.9

11.677.6

669.9

827.1*

8*.

3

726.1

1.038.1

1,233.2

886.

5

937-5

1.5^5-2

1.259-5

81*5.6

906.1*

790.9 P

1.27.2

17.128.01*2.1

65.087-5127.6

8.2

7-2

7-2

6-7

ll.U

18.8

10.5

10.2

9.1*

9.t

ll*.l*

22.6

13.6

-511-2

36-266,682.0

111*. 311*8.1

207.1*

8U8.3

32.2

3-* -3

1*0.1

1*3.2

5it-7

63.0

76.1*

131.2

102.8

lOU.O

lUl.l

138.2

152.0

-511.1

65.680.0

110.8IU2.8200.9

5/

31.6

33-7

39.6

1*2.7

51*.

2

62.

U

75.8

130.5

102.1

5/

5/

5/

II

62.0316.1

799-61.237-71,868-12,901*.

7

3.650.23.60U.23,608.0

3,608.2

3,606.3

3,601*.

2

3,602.6

3,603.2

3.608.9

3.609.5

3,609.1

3,608.1

3,606.8

3,608.0

3.6li*.8

3.615.3

+62.0+25U.1+1*83.5

+1*38.0

630.5+1,036.6

+7i*5-5

-U6.1

+3.8

-1.6

-1-9

-2.2

-1.6

+.6

+5-7

+.6

-3

-1.0

-1.3

+1.2

+6.8

+.5

62.6261*.

512.61*87-5

681*. 51,108.7828.0

.8

.1

62.6261*.

512.6Ug7.568U.5

1,108.7828.0

.8

.1

1.2

7-217-128.01*2.1

65.0

85-992.0

7.5

6-5

5.8

i*.7

7.3

13-3

7.5

7.3

6.3

5.2

7.5

13.5

7.6

• 511.236.266.682.0

111*. 311*7.5

132.788.2

9.0

8.U

7.9

6.3

6.7

7.5

6.9

7.6

7.3

6-5

6-3

6.8

7.1

.511.1

35-965-680.0

110.811*2.2

126.2

5/

8.U

7.8

7.1*

5-9

6-3

7.0

6.U

7.0

6.8

5/

5/

5/

5/

(Continued on following page)

32

Sales of United States Savings Bonds - (Continued)

Table 1.- Summary, by Series - (Continued)

(In Blllloni of dolliri]

nwal 7»aror ODtll

iamintontttaadlac

•nd offiiesl T»tor aenth 1/

lot

dnrlncfloe«l Totfor Boath

ADAl^ilt of not ohiuifo

Orett •!••

Totalfundi

noolToi

Ad^itatntof »!••roportodto fundo

rooolTod 2/

roportod

if

iearaaXof

rodoaptloaTaluoo

Sodaptlono

TotalOrt«lBaljnrohnooprloo 2/

Xnterootaaeraod

:/

Borlot 1

19Ui.19lt2.

I9U3.

igUS-Au^UBtSeptember.

October. .

.

NoTenber .

.

December .

.

19l»3-JaEUM-y...Februfijy ,

.

Harch

April..

Ma7June . .

.

July...

Au^Bt

.

203.13.670.811.286.

6

u.eoo.g5,088.8

5.726.36,237.

U

6.923.2

7.693-78,267.11

8.873.9

9.796.010,709.011,286.6

11,8^7.812. ',90.

6

+203.1+3.W7.7+7.615.8

^35.7+488,0

+637.5+511.1+685.8

+770.5573.7+606.5

+922.1+913.0+577.6

+571.1+532.8

203.13.526.38.271.3

U5U.0

509-9

66U.85U1.6

725.8

81U.9

633.6720.

U

1,006.8

995.2696.2

682.9661.2

-15.0+90.7

+13.5-35-3

+79-2-1.1

-19.8

3.2

+7^7

-23.827.5+27.U

-26.1+6.2 p

z

203.13,5^1.38,180.5

UU0.55U5.I

585.65U2.6

745.6

811.

7

629.2712.7

1,030.6967.8668.8

709.0

655.0 p

1.533-1

.7

.7

.8

1.53.8

5.22.82-7

3-0U.2

6.5

8.4

5.6

60.0688.6

19.022.5

28.132.043.8

62.7116.^

87-786.5125.1

120.1

134.0

60.0688.0

19.022.5

28.132.043-8

49.662.7

116.5

87.686.4

125.0

120.0

133.8

1941.

1942.

1943.

1942-lugnetSeptember.

October. ..

November .

.

December.

.

1943-January..

.

I^bruaiy .

.

March

April..MayJune. .

.

July. ..

Au£urit

.

66.6

498.91,242.3

623.8684.0

744.278S.6

853-9

929.8976.6

1,018.8

1,126.51,209-51,242.3

1.277.71.302.7

+66.6+432.3+743.4

+51.6+60.2

+60.3+44.4

+65.3

+75-8^h6.g*it2.2

+107.7+83.

1

+32.8

+35.4+24.9

66.7434.9

757.9

52.360.8

60.644.866.0

77.14s.

3

43.9

109-585-935-1

.37-6

28.1

-8.3-2.0

+11.0

+3.9-8.4

+11.1

+2.9+ .9

1.5-2.6+.2

-11.3+14.0

+.5

+2.0+1.3 p

75.0437.07S6.9

48.469.2

49.541.965.1

75-650.943-7

120.8

71.934.6

35-626.8 p

.2

2.5

.1

.6

.4

.2

3.2

.2

.7

.4

2.917-0

.8

.6

•9

.7

.9

1.6

1.71.8

1.82.82.8

2.8

3.5

2.9

5/

.8

.6

.9

.7

.9

1.6

l.T1.8

1.8

!^

5/

5/

5/

5/

5/

1941.

1942.1943.

1942- Auguet . . .

.

September

.

October . .

.

HoTember .

.

December .

.

1943.January .

.

7ebruary

.

March

AprilMayJune

JalyAugust . . .

394.02.414.35.119.2

33

Sales of United States Savings Bonds - (Continued 1

Table 2.- Sales Reported by Series, Classified by Denomination

Fiscal yearor month

Sales In millions of dollars at Issue price

Total 13enomination

denomi- jg^ j^ ^^^ j $1,000 $5,000 $10,000nations

Percentage distribution of sales

Totalall

denomi-nations

denomination

$25 $50 $100 $500 $1,000 $5,000 $10,000

igiti 1/igUg

^3^}

igUs-AugustSeptember.

October. .

.

November .

.

December -

.

19U3-January. .

.

Pebrxiary .

.

March

AprilMayJune

JulyAu^st p . .

203.1

3.5^1.38.180.5

itito.5

5U5.1

585.651*2.6

71*5.6

811.7629.2712.7

1,030.6967.8668.8

709.0655.0

ll».lt

613.12.951 81

l6lt.lt

202.lt

222.6

215.2272.3

270.22UI.6

290.3

310.3315.6287-5

301.lt

288.1

13 33lt2.g

,06g.U

58.672.1

78.lt

7lt.5

101.3

99.lt

83.198.2

121.0122.998.8

103.0101.1

ltl.lt

8l6.lt

1.695.2

97-9119.8

125.5116.0

160.9

157.2119.3133-8

215.6208.3128-0

I3lt.i

12lt.5

lto.7

6ltl.6

997-6

50.36it.5

68.2

60.591-5

IOC.5

68.575-0

152.2131* -76lt.3

69.859-6

93 .U

1. 127-11

1,1167.5

69.1S6.3

90.976.5119.6

18lt.U

116.7

115.3

231.5186.

3

90.1

100.781.8

100.0100.0100.0

100.0100.0

100.0ICO.O100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0

7-1

17.336.1

37.337.1

38.0

39.736.5

33-338 .It

lto.7

30.132.643.0

lt2.5

itit.o

6.5

9.713.1

13.313-2

13.lt

13.713.6

12.213.213.8

11.712.7llt.S

llt.R

15.lt

20.lt

23.120.7

22.322.0

21.lt

21.lt

21.6

i9.lt

19.018.8

20.921.519.1

18.

9

19.0

20.

18.112.2

11 .U

11.8

11.711.112.3

12.lt

10.910-5

lit.

8

13.99.6

9-99-1

U6.031.817.9

15.715-9

15-5lU.l16.0

22.7I8.516.2

22.519.313.5

IU.2

12.5

igui 1/191*2 2/19'»3

19lt2-August

September.

October. .

.

November .

.

December.

.

19l*3-January . . .

February .

.

March

AprilMayJune

JulyAugust p .

.

75-01*37-07lt6.9

lt8.lt

69.2

1*9.5

ltl.9

65.1

75.650.9U3-7

120.8

71.93U.6

35.626.8

.9

19.32l|.l

1.51.8

1.91.6

2.6

2.11.91.6

2.8

2.91.5

1.21.0

2.127.lt

39.6

2.63. It

312.6

3.9

3.22.7

2.5

5.1l*.7

2.2

2.21.9

llt.2

123.7205.7

13-319.2

15.513.519-7

16.112.

U

11.7

32.lt

23.211-0

11-lt

9-3

13-692.0167.3

10.2lit.

6

12.210.015.

U

11*.

8

10.

1

9.5

29-517-28.9

8.56.2

UU.2173."*

306.5

20.730.0

16.6

13.922.9

38.823.618.1

50.323.1*

10.7

100.0100.0100.0

100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0

1.2u.u

3.2

2.6

3.83-9U.O

2.7

3.73-7

2-3ll.O

1*.2

3-1*

3-9

2.86.3

5-3

5-3i*-9

6.36.1

6.1

'*.3

5.35.6

^.56.6

6.3

6.2

7-2

18.

9

28.327.6

27.527.7

31.332.330.3

21.52U.3

26.7

26.832.231-9

32.13lt.8

18-221.022.1*

21.021.1

2U.62lt.O

23-7

19.619.821.8

2lt.U

23-925.6

23.823-0

I9iti 1/191*2

19113

19lt2-August

September.

October. .

.

November .

.

December .

.

191*3 -January...February .

.

March

AprilMayJune

JulyAugust p.

.

U5I.U2.027.82.750.1

181.1213.0

169.2lltl.6

227.lt

206. u

181.2

393.8219.8llt2.2

161.8109.1

5-?50.680.6

1*.9

5-7

5-1*

5.07.1*

7-1*

5-"*

5.5

12.29-65-0

5-1*

U.U

12.2112.7187-2

10.

S

13-0

12.010.516.7

19-112-513.0

30.lt

21.612.1

llt.2

10.2

90.7576.0800.2

go.o60.9

53-9'7.3

70.2

80.15i*.l

55.2

126.779.11*9.1*

60.11*1.3

80.

9

1*03.5

52U.U

35-6115.8

36.U

30.31*8.1

52-53l*.l

32.6

82.3ltlt.lt

30.1

31*.

7

22.8

262-U885.0

1.157.7

79.887-7

61.5I16.5

81*.

9

186.

7

100.37U.9

11*2.2

65 1

115.5

U7.U30.lt

100.0100.0100.0

100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0

1.22.52.9

2.72-7

3-2

3.53-2

2.1

2.6

3-1

3-1U.lt

3-5

3.3U.l

2-75-66.8

5-96.1

7-17-11

7-3

5.56.1

7-2

7.79-68-5

8.7

9-3

20.128.1*

29-1

27.628.6

31-833.1*

30.9

23.226.230.1*

32.236.031*.

8

37-237-8

17-919.919.1

19.721.5

21.521.1*

21.2

15-216.518.0

20.920.221.2

21-520.9

Source:

P

Reports of gross sales.

Preliminary.1/ Sales of Series E, F, and G bonds commenced May 1, 19l*l-

2/ Sale of $25 denomination Series F bonds began In January 19l*2.

Sales of United States Savings Bonds - (Continued)

Table 3.- Sales Reported by Series, Classified by States

PART A - SERIES E

(In tboueanda of dollare at iaeue priCBs)

7iBCal year

13h2 I9U3

ISkS

AU£. Sept. Oct, Sac,

19^3

Jan. reb. Mar. Apr. May Juno July.

Alabana.

.

Arizona.

.

Arkansas.

California.

,

Colorado. , .

.

Connecticut.

DelawareBlst. of ColumbiaFlorida

Georgia.

.

Idaho ....Illinois.

Indiana.

Iowa. . .

,

Kansas.

.

Kentucky.

.

Lovlslana.Maine

MarylandMassachusetts.Michigan

Minnesota. .

.

Mississippi.Missouri. . . .

Montana.

.

Kebraska.Nevada...

New Hampshire.New Jersey. . .

.

New Mexico. ..

.

New TorkNorth Carolina...North Dakota

OhioOklahoma.Oregon. .

.

PenneylTania. .

.

Rhode Island...South Carolina.

South Dakota.Tennessee. , .

.

Texas

UtahTermont..Virginia.

Washington. . .

.

West Virginia.WisconsinWyoming

AlaskaCanal ZoneHawaiiPuerto RicoVirgin Islands...Other possessions

Unallocated.

28,99610,31321,'toU

260,5922lt,gU5

77,5't3

7.6293't,S27

39,565

35,6lt29,gl»0

282,055

76,66169.55835,310

3't,293

36,80017,7''6

U9,009lUl,217160,150

71,18122,9739"*, 800

17,71026,oU5k,}kO

11.760160,538

6,978

587. 2U91*2,297

11,39"*

190,2623!*, 1*82

37.39'*

283,7822"*, 29318,782

11.78336,731*

126,056

9.9197,550

56,272

57.96227.61*2

77,6687,066

2,959315

15,8371.726

91ll*

1,1*72

91,27227,81*6

52.761*

638,87762,132

168.258

21 ,S2l»

83,11*3

89,1*96

9l*,52lt

27.81*5

575.056

213,813176.508106,190

87,6079l*.9io

37.361

108.601*

280.0911*81.637

179.10852,870

195,86s

39. 1*32

72,21111.1*66

25.787303,80717,261*

991,988113.869r3'*,3'*9

506,361*

82,11*3

107 , 67«

626,05153.71*8

53 ,l*01r

33.171100,530306,265

33.2i*2

1'*,175lU5.i*59

163,921*

61*, 583172 , 650

17.313

7,397'*,338

61.0665,1*22

203

63,62U

5.2621,1*22

2,522

33,'*353,1*12

9,91*8

1,12Ul*,76ol*,563

5.0071.1*37

33.598

11,112

9.7295.269

l*,97U

'*.923

2,221*

6.21*6

18,21219,790

8,9522,519

10,236

1,8163,'*19

6U3

1,60016,688

880

51*. 9905,91*1*

1.306

27,876'*,67l*

5.571*

35,0583.571*

3,002

1,35"*

5.59315,202

1,50781*1*

8,291

9,1773,338

10,358831

592130

3.53816I*

5

1,1*23

6,2691,6753.235

1*1. OQl*

3,93310,362

1,711*

1»,728

5,770

6,2011,820

39.072

ll*,l*6l*

10,921*

6,1*22

5,1705.6802.252

6.79618.06631*. 188

11.218

2.77612,619

2.3281*.602

879

1.82923,2Ul

927

72,8668,9231,650

3l*.085

5.0527,038

1*3.91*1*

2.653U,i5lt

I.61I*

7.1*85

19.831

1,658

873

9,905

9.283U.O86

11.2561,099

61*7

155l*,82l*

35017

1,500

5,7871,7753,686

1*1*. 829l*.675

16,295

2,613

5,3595,257

5,9382.218

1*1*. 970

15,15610,7336,850

5,1*63

6,9173,156

7,1*19

20.82231*, 1*52

10,772

3,57912,018

2,980*,725

8l*l*

2,30023.631*

1,171*

77,3328.51*0

1,791*

31,9805.56I*

7.062

1*6.1*59

5.1*77

3.71*2

1,6086,766

20,1*17

2,1701.30010.296

11.795'*.835

12.5661.31*5

6U8

1175^.285

387

13

1.711*

5.91*2

1.6773.671

36.5263.676

11.739.

2,0l*0

5.5965.&37

6,811

2,2791*0,091

15,32310,6927,823

5,1966,011*

2,1*30

7,18818,61*8

32.550

11,131*

3.59913.165

2,5823.987956

1.75"*

19,9931.058

70.2219.3612.635

31,0011*,718

6.381

1*2.61*1

3.3803. 911*

2.0926.791

19,691*

1.95691*2

10.391*

10.911*l*.638

11.1*86

1.008

51*8

80

5.305ksk

17

2.226

6.81*1

2.3555.169

56.1025.81*0

17.871*

2,0127,7716,950

8,1*36

2,25551,912

19.77820,11*59,Ol*9

7,1597.81*1*

3.195

9.261*

27.66639.191*

16.6915,193

16.991

l*.Ol*g

5.852950

2.31727.6501,816

89.28711.650lt.l»07

1*7.796

7. 571*

9.23I*

59.3565.878

5.059

3.2398.818

26,938

2.61*7

l,ll*3

13.811*

15.691*

5.61*8

ll*.825

1,61*5

671

2328.31I*

5O8

17

2.SI6

8.7782.771*

6.020

63. 8196.1*78

17.2U0

1.8728.0999.160

10.3082.6UO

51*. 882

21.56018,288

9.017

8.9389.1521*.1*27

10.1*72

29.81*1*

1*3,1*19

16,2795,396

18,957

1*,053

6,5651,113

2,31630,01*7

1,71*1

102,721*

12,71*2

1*,260

50,1*91*

10,7U2

10.550

59.0595,0205,122

2,76510.95628.853

3.7161.527

15.756

16.2397,192

16,0031,791*

556627

5,11*7

1*93

1*0

5,671

7,2072,100U,l*52

51 , 828l»,995

10.868

1.1*96

6.6677,126

8,3032,591*

1*1*, 602

17,88512,1*26

8,320

7.6U0

6,9702,1*16

8,78219.83638.131*

12.712'*.223

ll*.333

2.7865.586880

2,13622,0701.552

72.5508.7193.1*71

39.381*

6.9177,1*99

1*9. 62I*

3.019U,o66

2.1*52

7.83323.001*

2,851986

11,302

12,11*5

5,22013,3081,326

1*31

6135,322

582

23

5,633

7,6972,1*72

i*,oo5

56,511*

5,086ll*,570

1,6927,2527,860

5,2332,266

53,559

19,69618,27010,681

7,1*31*

8,169

3.339

9,20223.9531*8.697

13.1*1*8

i.129

15.715

2.8076.616

893

2,31*8

27.6U7

1.370

82.5839.01*9

2,156

1*1. 2026,1*71

9,280

51,7625,1*61*

lt,l*87

2,9057,922

26,963

3,06s

1.15912,1*93

ll*,965

6,37713,31*1

1,385

53051*7

*,076

1,29318

7,61*9

13.5223.9767,729

75,7039,101

15,8U3

2,2309,293

12.1*1*5

12.1253.563

66.607

25.76I*

23.97516,650

13,221*

13.697u.itUs

12.51*7

29.U5U

69.1*73

3l*.629

9.37629,260

8.08111,3821,290

2,61232,0382,569

105,58113,31*5

6,1*65

67 .065

10.96313.055

7l*,7l*3

5.5556,677

8. 361

13.0591*5.901

U,69l*

1.1*91*

16. sol*

18. 6307.163

35.5612.511

1,007600

l*.635

32120

3.167

11.1063.7605.7U3

82.7357.517

17,866

2,23610,57011,1*01

10,2563,1*35

62,606

23,80117,81513,827

10,13012,1*23l*.193

12.91130.71*5

55,513

21,2355.503

2U.831

3.35910.9131.612

2.80636.9022.036

lllt,815

10.91*8

2.977

63.682

9. 51815.1*73

73.3366,U05

6,073

3,13611,008

37,823

1*,521

1,850

16,333

21,7387,151

19,6572,392

59062I*

3,67337I*

16

13,563

6,1912,2333.609

59,222l*.113

ll*.l*73

1.692S.311*

8.0U7

7.1*86

1.7511*1*. 265

17,1*72

12.1*557.6ol*

6.6067.23I*

2.87I*

10.9232l*.718

1*0.537

11.5953.181*

16.675

2,361l*,907

71*8

1.97825.391*

1.251

7U.10S8.205r1.651

1*0.61*8

5,1*78

10.091

53.269U,oi6l*,015r

l,'l60

7,7082l»,gUs

2,9q21,089

11,910

1U.319

5.090I2,9s61,107

601

512l*,l*85

30315

17,1*1*9

7.7282,1*50

3.1*31

62,525U,9ll

12.91*1

1.521*

9.6098.702

7.6701.71*9

U7.266

19.87?13,961*

7.1*35

7.2827.81*7

2,672

9.18623.65339.1* 1*6

12.222

3.35215.139

2.185.832

783

1.96026.51*9

1.350

80.8388.1661.91*7

U3,6i»l

6.1*39

9,983

51.7303.763l*.55l*

2.231

7.6^25.653

3.1361,100

11 . 186

15.7825.371*

ll*, Si*7

1.1*08

557623

1*,000

29618

32.907

Total 3.51*1.323 8.180,538 1*1*0,1*67 51*5,111 585,609 5U2,61*l* 71*5,562 811,701* 629,206 712.666 1.030.582 967.762 668,769 709.012

(Continued on following page)

35

Sales of United States Savings Bonds - (Continued)

Table 3.- Sales Reported by Series, Classified by States - (Continued)

PART B - SERIES F AND COMBINED

(In thoTlsands of dollars at taaue prlcos)

State

71 seal year

igua IS^l

19U2

iag. Sept. Oct. Sot. Sec.

ISU}

Jan. Mar. ipr. May June July

Alabama* .........

ArizonaArkansas

CaliforniaColoradoConnecticut

Del avareSlst. of Colunblanorlda

GeorgiaIdahoIllinois

IndianalovaEaneas

KentuckyLouisianaMaine

MarylandMassacbuaetts. . .

.

Michigan

MinnesotaHlsBleelppiMissouri..

Montana.Hebraslca

Nevada

Hev RaiqjBhlre...

.

Sev Jersey..Hew Mexico

Hev YorkKorth Carolina...Berth Itakota. . . . .'

OhioOklahomaOregon

PennsylvaniaRhode IslandSouth Carolina...

South DakotaTennesseeTexas

UtahVermontVirginia

WashingtonWest Virginia....WisconsinWyoming

AlaskaCanal Zone.......HawaiiPuerto RicoVirgin Islands...Other possessions

Unallocated

Total

13.099U,232

13.738

11)0, 60218.30259.89U

11,91023.2''7

22,219

17,98a7.339

202, OUl

U5.12330.676lu.itge

2U,5l621,65116.570

to .0931UU,19965,0110

1»9,069

10,06168,651

6.322l'»,132

2.3U9

11.090

93.3999,031*

580, U3326,071*

7,515

119,09816.58722,095

21*3.28528.061*

9.1*59

3.07718.1*81

5lt,l96

5.0195.81*2

28,011*

25.89811,7801*2,205

3,690

736501*

5.8821*72

26

507

I*. 768

32.0078.1*21

16,578

22l».ll*5

29,71*6

81,128

12,326

33.75736.705

37.8318,031

272,112

79.52"*

71.1*32

3'*.897

"*3.7551*1*, 1*61

20,21*5

51*, 252171*, 999106,363

69,69221.8128U.266

10,52930,l*lU

U, 1)1*1

ll*,l*03

118,7617.025

627,9861*1*, 651*

10,937

203,82725.09532.892

297.1*30

30.1*21*

a, 712

10,1*16

39.11*0

110.993

7.U71*

7.501*

53.701

1*9.753

17.90586.3366,010

1.297I.8U3

17.3673.010

1

28

5.181

1.688521*

8UU

13.1'*5

1.8985.38U

907I.8171,766

1.9'MI

53520,568

5.'*55

3.7511.869

3.5912.2971,261

2.89212.8737.778

l*,l*58

1,2651*,922

5581,275

228

9668.771

359

iti*,9l5

2.021685

12.26I*

1.6172,020

19. 8172,262I.UI3

5062,1*13

6. 581

38UU9U

2,61*6

,733,062

,530

303

65

.577125

2,1*1*0

2.552UiU

1.2U3

ll*,l|Ol*

2.7235.020

9691.9963.796

2.393508

23.390

7.0826,0753,121*

2.8O9

5.9561.235

l*,321

9.1*51

8,801*

U.97O

1.2336,093

6771.931

357

9969.838

507

62.7765.136

715

15,0662.1032.527

25,0711.6611.783

5203.0898.698

5001*39

l*,02l«

3.381*

1.2786,93U

1*38

75

1,176

1,921

778l,2i*6

15,0261,821*l*,725

802

1.7351,9H6

2,0661*69

15.721*

5.31*2

3,1*01

2,306

2,671*

2,6831,253

U.15210,9110

7.201

U,0761,2065.728

7621.1*70

269

8688,167

686

35.2013.120

732

12,0251.3'*7

2,71*1

21.7931.5571.21*9

5812,888

7.289

1*73

5383.971

3.0531.301*

5,097

127178

1,500180

13

1,1*57

3911,250

II.8U1

1.3783.736

1.0931.9532.70U

3. 1*393I10

9.31"*

3.5'*5

2.91*8

2.077

2.5372.0711.009

2.9969.1*1*1*

l*,88l*

3.571*

1.3301*,680

8151.227

301*

8566.2U5

576

30.0322.71*5

757

9.6991, 1*1*8

2.131

20,81*3

I.8I5

1.387

8592.1225.6UI

1*85

3573.271*

3.0081.291

3.709502

921*9

985170

15

2,629U55

1,658

lU.OOl

2,3165,585

1,1373,281*

2.538

3.399iti*5

20,757

5,8925.61U2.71*1

3.1775.0051,61*6

1*.278

13.1199.088

.951

,887,81*8

8882.696

171*

1.09511.879

675

51*. 2363.836

840

20,721*

2,031*

U.389

25.9371.8521.683

9783.2939.777

1*71

5795.932

3.6072,0636.839

570

57119

1.21*3

555

32

3.1*51*

1.2l*6

1,61*9

30,031*

3.0799.371

I.O83

3.1*55

3.681

3,9681.278

39.675

11,001

8,7833,222

.311*

,1*1*6

,315

8,038

25.79713.2U3

8,726

2.5559.297

971*

3.871*

928

2.85712.310

680

72,51*0

»,957

1,775

25.1203.1763.211*

31.7582.801*

2,132

9203,819

11.321*

8361,3036.1*98

6,0022.1*1*7

11,00971*7

11.3

1911,1*1*2

9621

5^

1,387751

1,200

19,1212.21*8

7,008

8012,81*1

2.339

3.87U611*

18,076

5,0805,1*08

i*,i09

5.0392,561*

1.71*0

3.87215.121*

7.1*52

5.3531.2315.72U

7552,367

397

1.1777.118

667

1*2,816

2,1*67

91*1

1U,866l.l*6U

1,891

17.9997,1151,817

5672,7l67.8U2

637U63

3.67I*

3.8911,1*02

6,608

323

lOl*

961,585

262

332

1.592512708

17,6161,6266,219

9032.7212.38U

2,083798

a, 319

U.619

7,5932,533

1.6902.9701.261

2,92811,6636,361

i*,03i

1,279'*.963

7293.316

271

1.3097.865

2l6

38.3173.167

1*16

10,6621.1371,186

17.9181.2971.1*77

807.376

,1*56

1*18

551*

2.875

3.235962

5.5872U2

1111*98

761

312

18

7.282I.I15O

U.I27

32,1*78

U.6398,196

1,62Ul*,79l*

6.973

7,00199U

33.351*

12,11*1*

10,807'*,995

7.7699.710I.76U

7.21*1*

lU.21719.255

10,9225.199

11*. 572

2,588

3.935iii*9

l,06l15.316

999

82.8367.1711.387

1*1,291*

3,8763,805

l*l»,705

2,791*

3,321*

2,U568,51*6

a, 676

1,588668

8,095

7,1392,01*7

13.019702

118

325922236

a

1.39690985 1*

23,0013.1*85

II.U96

816

1*,707

2,651*

1.73"*

95223. 581*

6,8196.610

3,607

1,801*

3.11*3

2,1*19

1*,209

17,7727,73"*

.599

,351

,225

1*67

,268

"'37

81*3

10,1*92

867

1*3.532

'*,2a1.168

8,W»6

2,689

3.791

a. 728

2.2132,209

1,11*6

1,1*20

9.533

653709

5.263

6,ll*U

1.3678. 9961,117

152303.356

51

28

2l*5

1,2511*1*0

779

12,1961.6323.996

9181.1332.208

1.961

32713,01*5

1*,U82

lt.327

l,6Ul

2,71*9

1,7851.032

2,6387,1*89

5.090

3.2l*0

81*5

5,11*0

1*35

1,570182

71*7

6,551*

285

28.1*66

2.226w*

10,5281,231

1,?55

15.71*3

1,3581,"'8

2,-'6l

5,172

31*7

608

2,960

2.92881*3

lt,?63

235

15686

2,271157

220

1,539532

1,082

19.9151,1*88

2,575

1.0631,5952,792

3.1703U9

15.256

6,1295.0312.290

2.880

2.533592

3.025i».575

5.110

3.6991,0935,1*80

1*33

2,1*39

181*

1*75

6,U23

592

28.7532,651

U91*

13.1001,718

1.589

17.123800

1.359

607

2.7706,133

61*1*

3093.11*0

3.151*

1,281*

5.1*92

315

65

1351,050

31*2

38

2,1*61*, 772 3,1*96,973 229.1*69 282,261 218,692 183,1*29 292,501 l*a.50ll 257,317 22l*,868 511*. 610 291.739 176,81*8 197.1*05

Source: Report of grose sale*,

p Preliminary,r R«Tlsed,.* Leaa than $300.

36

Participation In Payroll Savings Plans For War Savings Bonds^

37

Sales of Treasury Savings Notes

^

Table 1.- Summary of Sales and Redemptions, by Series

(Par value - In mllllonB of dollars)

Tlieal yaaror month

Amountoutstanding

end offiscal yearor month

Net chan^during

fiscal yearor month

Redemptione and exchanges

Receivedin paymentof taxes

Hedeenedfor caeh

Exchangedfor

new series

19^2191*3

19l+2-AugU8t

September.

October. .

.

November.

.

December.

.

I9U3-January. .

.

Tebruary .

.

March

AprilMayJune

JulyAu^st

191*2

19»*3

19U2-AiigU6t

September.

October. .

.

November .

.

December.

.

19I+3-January. .

.

February .

.

March

AprilMayJune

JulyAu^Bt ....

19^2191*3

19l*2-AugUBt

September.

October. .

.

Hovember .

.

December.

.

igUj-January. .

.

Pebniapy ,

.

March

AprilMayJune

JulyAugust ....

3.OIU.57. 1*95-1*

3.739.31*. 137.1

i*.963.5

5.702.56,3gU.i

6.71*8.8

7. 121*.

7

6. 31*5 -6

7,782.58.162.P7.1*95.'*

7.677.97.76U.3

2,01 1*.

5

U80.9

*382.7397.8

+826.

U

739-06«1.5

39*. 8

375-9-779-1

l.'»36-9+380.

«

-667.5

+182.5+86. U

,138.9

.758-5

U17.9

977.9

9U1.1781.6

1,312.3

1152.9

1*56.6

UU6.8

1,632.91*82.2

U68.1

1*11*.

213.5

l,12l*.l*

'*.277.6

35-3580.1

11U.61*2.6

630.8

88.180.

7

1,225.9

196.0101.8

1,135.6

231.5127.1

1,103.7i*,09i*.i*

29.1*

527.3

56.337-8

626.2

g6.U78-8

l,211*.l

176.697.0

1,119-8

211*. 1*

99-2

ao-7111*.

9

5-8U.i

38.6i*.9

U.6

1.82.011.8

15.8

17.1

27.9

68.3

'i*g!6'

19.7

Series A 2/

51*.

8

266.7

65.1112.7

167.0200.1276.0

309. U320.0285.1* ;

291*. 9 :

302.7266.7

151.2'1*7.

6

+5U.8+211.9

+lt.8

+1*7.6

+51*.

3

+33.1

75.9

+33. "t

+10.5-31*. 6 :

9.5+7.8 ;

-35.9

-15.5-3.7

72.233lt.7

52.6

5'*.7

33.586.0

3'*.5

13.015-3

21.87.8.5

17.1*

122.8

.3

5.0

.5

.1*

10.1

1.0

2.5U9.9 r

12.3-• r

llO.l*

15.53.7

16.6llU.O

.2

U.9

.2

.2

9.8

• 51.8

1*7.5 r

11.1-.8 r

38.3

13.31.7

8.7

.1

.1

.2

.2

• 3

2.3

1.2.8

2.2

2.22.0

Series B ^

^•?g

3. 671*.

2

3,181.2

3,067.1*

3,026.02,1*32.7

2.361*.

2

2.311.'*1,1*88.U ;

1,395.0 ;

l,3't9.776l*.8

711.0687.9

2.959.7-2,195.0

%77.893.0

-113.7-1*1.5

-593.2

-68.5-52.8

-823.0 ;

-93.

U

-i*5.U;

-581*. 9

-53.7-23.2

U,o66.7877.1

1*12.8

82.1

1,107.03.072.1

35.0575.1

113.71*1.5

593.2

68.552.8

823.0 r

93.'*

1*5.1' r581*. 9

53.723.2

1,087.12,933.3

29.3522.5

56.136.8589.0

67.1*

52.1*

820.7

87.31*3.2

It.O581

52.720.9

19.970.6

1*.0

37.9U.6U.2

1.1.U

2.2

6.1

2.2.9

1.0

2.3

68.2

'l*8!6'

19.7

(Continued on followli^ page)

3«

Sales of Treasury Savings Notes -^ - (Continued)

Table 1.- Sumnary of Sales and Redemptions, by Series-(Continued)

(Par TaluB - In millions of dollare)

Fiscal yearor month

AmountOQt standi 0£

end offiscal yearor month

Het chan^during

fiscal yearor month

Eedemptions end exchanges

Total

ReceivedId paymentof taxes

Redeemedfor cash

Exchangedfor

new series

Series C 4/

19^3

1942-Sept ember.

Octoher. .

.

Hotember .

.

December .

.

19l*3-January...

February .

.

March

April

May

June

July

August ....

6,U6U.o

39

Sales of Treasury Savings Notes - (Continued)

Table 2.- Sales of Series C Notes, Classified by Denomination^

yi«cal yearor Donth

>I0

Sales of United States Savings Stamps

Table 1.- Sunmary of Sales and Redemptions

(In uhoueandfl of do Hare

)

KBCal yearor month

Amountoutstanding

end offlBcal yearor month l/

Net changeduring

fiscal yearor month ij

Salee

1/

Redemptions

Total

1/

Exchanged forItolted States

saTlngebonds 2/

Cash

2/1/

Percentage distributionof redetnptlone

Exchanged forUnited States

aavlngebonde 2j

Cash

igiti uy

1,1,2iJuiy i9|ti

^3^^

September.

October.

.

November.December.

Febniary.March

April.

May...June.

.

July. . .

Au^et

.

l66,3Ul

213,350

187, 6lSiglt.Olo

206.0Wt

215 . 805221,31*0

22l»,901

22"*, 356226.216

227.98922lt,771

213.350

207,27520U.158

+5.1'*3

161. oHs

+1*5.620 6/ 1/

+6.61*7

+6.392

+12.031*

+9,121 6/ 1/+5,536

+3,561-1,106 1/+1,671 y+1,771* 1/-3.218

-H.l*?l

-6.075-3.117

6.087

308.521

590.268

Uit,5lt6

U7,682

53.11*1

39.077 1/1*3,920

66.26751*. 667 1/1*9.630 1/

1*1*. 791 1/1*0, 0U8

52,683

30.77029.313

91*3

11*7.571*

51*1*. 6U7

37.9001*1.290

U1.107

29.95538.381*

62.706

55.7731*7.958

1*3.018

1*3.2676i*.ioi*

36.81*5

32.1*30

5/,

I ,5/1^127.91*8U7l*,l68

3l*,ioi

36.561

36,18826,22032,988

51*. 1*1*8

1*8.339

1*0.650

37.50137,5305i*,391

31,37127.1*27

18.1*68

70.1*80

3.799i».730

*,919

3.7365.396

8.2587,l'3i*

7,309

5.5175.7379,711*

5,'*7l*

5,001*

100.0100.0100.0100.0

100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0

87.1*

87.1

90.088.6

88.0

87.585.9

86.886.78U.8

87.286.781*.

8

85.1SU.6

i2.r12.9

10.011.

u

12.012.5lU.l

13.213.315.2

12.8

13.315.2

IU.915.

u

Dally Treasury Statements commencing November 1, 19^2; prior

thereto, Poet Office Department.Figures for November 19^2 and following months are not strictlycomparable with earlier months because of the shift to a Dally |f/

Treasury Statement basis. Stamps sold prior to October 1, 19^2

were known as postal savings stamps and were obligations of thePostal Savings System but subsequently became public debt obliga- 5/

tions. 6/

Estimated on the basis of samples conducted by the Post Office *

jjDepartment

.

Includes minor amounts which were exchanged for postal savings

certificates prior to November 1, 19^2. These did not aggregate in

any one month more than $26 thoneands nor more than 0.9 percent of

total redemptions.Sales end redemptions commence with May 1, 19^1 when the special de-

fense series of stamps went on sale. The amount of the old series of

postal savings stamps outstanding on April 30. I9UI was $150 thousands.

Details not available for May. June, and July 19*^1.

Net of sales less redemptions. See footnote XJ .

Does not Include amotints transferred from Postal Savings System to the

Treasury to cover outstanding stamps.

Table 2.- Sales, Classified by Denomination

Fiscal yearor month

Sales in thousands of dollars

Totalall

denominations

Denomination

lod 25»! 50^ $1.00 $5.00

Percentage dlBtributlon of aalee

Totaloil

denominations

Benomlnation

\oi 25^ 50^ $1.00 $5.00

191*1.

191*2.

191*3.

19l*2-AugUBt

September.

October.

.

November.December.

19l*3-JeLnuary..

February.March ....

April.

Hay...June,

,

July...

Au^Bi.

6,087308,621590,268

1*1*, 51*6

1*7,682

53.1'*1

39.0771*3.920

66,26751*. 6671*9.630

1*1*. 7911*0.01*8

52,683

30,77029.313

1*00

67.1*66

126,327

7.3268,366

10,6808,0339,21*3

15,99312.77112,290

11.28U9.701*

10,531

5.1*62

5,'»09

2,691167,709313,691

21*, 80826,189

28,56320,75122,981*

31*, 20928,5lit

25,576

23,161*

20,98328,257

15,78315.361

1,01228.6llt

52.508

l*,3l*8

i*.935

5,1503.5953,62t

5.192i*.566

U.ooi

3,59^

it,9U2

2.9902.803

1,13031,58371.693

5.9506,o6l*

6,1*98l*,939

5,600

7,7986,1*05

5.652

5,085l»,57i»

6,803

i*.i*25

i*,i90

85U

13.25026,0U8

2.IIU2.128

2,2501.7592,1*69

3,0752.1*12

2.110

1.6651,1*29

2.151

2.110

1,550

100.0100.0100.0

100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0

6.621.921.1*

16.1*

17.5

20.120.621.0

2i+.2

20.0

17.718.1*

1*1*.

2

5'*.3

53.1

55.75U.9

53.853-152.3

51.652.251.5

51.752.

U

53.6

51.352.1*

16.6

9.3

9.810.

u

9.79.28.3

7.88.38.1

8.08.U9.1*

9.79.6

18.610.212.2

13.1*

12.7

12.212.612.8

11.811.711.1*

11 .U

n.u12.9

11*. 1»

li*.3

lU.oi*.3

u.u

l*.7

U.5

1*.7

l*.l»

U.2

3.73.6U.l

6.9

5-3

(1) Total salee: Dally Treasury Statements commencingNovember 1, 19^2; prior thereto Pott Office Department;(2) Distribution by denominations: Based upon Post OfficeDepartment data.

kl

Sales of United States Savings Stamps - (Continued)

Table 3.- Sales by States

(In thouaanda of dollars)

71acal year

191*2 I9U3

19U2

AOg. Sept, Oct. Sec.

19U3

Tel). Mar. Apr. May July

F

Alabama

Arizona

Arkanaaa

California...ColoradoConnecticut..

DelawareDlBt. of Colui

Florida

GeorgiaIdahomine la

IndlanAIowaEansaa

KentuckyLouiaiana. , ,.

Maine

MarylandMa33achuBettaMichigan

Minnesota, ..

.

Miasiaalppi,

.

Missouri

MontanaNebraalca, . , .

,

Nevada

New Hajnpehire

New Jersey, .

.

New Mexico...

New TorkNorth Carolina,

North DaJcota.

OhioOklahomaOregon

Pennsylvania.Rhode laland.South Carolina

South Dakota.Tennessee. .,

.

Teiaa

DtahVermontVirginia

Washington. ,

.

West Virginia,Wisconsin. , .

.

Wyoming

Alaska..

HawaiiPuerto Elco.,Other posaessiona

Adjustment toDally TreaauryStatement

2.3'*3.7

831*. g

1,671.7

20,132.62,020.37.707.4

7l't.2

6.100.1

3,705.9

3,175.5sUi.o

23,612.9

7.516.9"t. 575.82,532.9

3.036.23.1*28.0

1.725.5

5.785.21"*, 1*13.

6

13,721.6

'',037.7

1,508.87,326.'*

1,030.72,371.8

381.1*

1,150.8

13.313.7720.3

53.060.73.089.7

801.2

18,269.52,1*89.1

2,739.3

27,075.33,037.61,1*88.2

832.22,952.8

11,520.8

963.1*

705.8"•.OJl.S

3.909.22,1*1*9.7

5,728.31*93.6

66.1

1,238.7166.8

.7

1*, 215.1

1.765.8

2.970.7

39.726.11*, 083.1

ll*.375.6

1,298.6

5.591.76. 188.

3

5,621.21,1*05.5

39.970.3

lU, 176.1*

9.010.35.576.8

5.'*27.66,lllt.6

3.619.1*

9,211.327.025.926.161.1

7.961.53,082.6

15,223

l,87l*.0

1*, 531.1678.1*

2.276.523,206.81,252.8

106,793.6, 791*.

6

1.558.8

32,91*9,1*

1*,U1*2.0

5.323-'*

1*9,1*68.2

5.172.32,207.8

1.51*6.1

5,685.820,11*1,6

2,1*36,2

1,31*0.0

7,315.1

8, 121*.

7

l*.0ll*.2

12,535.01,018.8

190.22.339-3329.012.5

+15,906.6

377.5110,7

227.1*

2.961*.

9

315.11,223.1*

9'*.l*

502.31*15.9

1*63.6

98.93,170.6

1,108,9771.7362.2

1»1*5.U

1*50.2

279.8

695.52,062.21,973.6

581.1*

276.71,062.6

135.2375.260.3

201.21.763.1*

88.7

8,650.7523.7111.9

2,56l*.3

325.5W5.3

3,650,8U63.1*

186.9

112.81*71*. 6

1,592.9

11*1*.

2

102.1*

521.7

592.6305.1*

876.070.

U

11.9181.618.1*

372.8

129.1*

253.'*

3,232.9337.5

1.350.2

100.6'*89.9

'*62.5

'•60.7

115.5

3.373.9

1,161*.

2

763.5I12U.7

1*39.0

1*55.2

288.1*

761.92.312.82,152.1*

609.2278.5

1.213.7

1U8.2

398.960.6

213.71.91*8.2

103.5

9,316.3565.1119.8

2.567.1*

3'*5.1

«32.1

'•.087.5

1*60.3

181.1*

113.51*67.6

l,6'<3.5

1U2.9115.it

585.1

62U.6311*.

2

953.169.3

11.9130.219.1

31*9.3

ll*8.1<

261*. 7

3.602.53U0.1*

1.1*37.0

123.31*1*7.0

533.1

500.1*

122.83,717.'*

1,1*00.6

752.21*76.6

510.

8

521.1*

339.

823.62,605.12,1*1*0,5

656.5313.9

1,21*8.1*

159.3396.356-7

219.92.205.3

116.2

10,758.8639.5117.3

2,81*2,3

383.01*29.7

'1,597.8

527.2156.1

127.8

525.11,807.2

169.312U.2

61*0.3

681*. 2

391.51,129.0

7l*.9

18.8lUlt.6

22.6.u

312.1*

132.5251.1*

3,01*8.7

330.61.235.8

12U.3

392.91*71.8

l*6l».l*

112.1*

3.367.5

1,226.6682.8U2U.U

1*23.6

1*81.6

282.7

783.1*

2,129.12,013.3

61U.8

292.31.183.7

182.7351.0

55.9

180.6

1,908.592.5

9,028.151*8.5

123.6

2,519.8

333.7356.7

3,971.61*17.2

152.5

13U.UU5U.9

1,601.1

220.0iolt.6

586.7

601.U

320.1*

983.2m.B

12.0161.527.32.5

-7.223.9

31*9-1

191.5

278.5

It, 122.01*05.9

1,336.2

131.5519.5600.3

533.'*

132.03,980.0

1.378.5887.2507.'*

507.25'*8.7

328.7

881*.

7

2,1*68.8

2,1*05.9

767.8277.9

1,328.0

203.01*36.9

76.1*

206,32,21*8.0

121*. 7

10,1*26.5

638.7151.0

3,255.31*02.2

522.1

1*. 731.81*93.1

237.5

11*2.6

523.92,006.3

366.7122.0669.7

822,0398.0

1,217.695.6

17.9255.72U.6l.U

-11,768.0

366.2

171*. 9

266.8

3, 621*.

3

376.71,255.6

119.21*98.5

586.3

503.1131.1

3.555.0

1.262.7736.'*

517.7

50U.6

551.7328.9

821*. 8

,1*06.2

.281.0

801.9267.3,281.1*

173.1*

1*16.7

51*. 3

203.02,071.5

131.2

8,705.6623.0150.6

3.076.21*22.1*

609.1

U, 586.61*12.8

198.5

139.7516.1*

1.7'»8.9

2W.6119.6707.8

905.1*

380.9l,15l'.7

91.9

ii*.-;

213.731.01.3

+ll*,939.6

352.1

157.621*3

2.963.3357.8

1,089.8

98.31*1*2.9

531.5

1*79.3

138.93,203

1,150.6675.5502.7

1*36.1

511.3300.7

763.71.975.52,151*.

2

718235

1,219.8

156.1

379.052,

175.61,850.

105.

8,019.8593.6139.7

2,850.9390.2533.1

1*,020.33't7.i

190.5

137.'*

'»38.7

1,702.1

21U.0107.'^

60U.1

709.9355.0

1,123.689.1*

11.0203.835.-

'U

+8,527.6

382.11

158.7

250.8

3. 3'*'*.

8

372.91,090.3

101.81*53.2

582.3

U9U.5

125.93.593.9

1,222.3720.651*5.0

'•63.9

562.9309.8

787

2.2972,237.1

692.12U2.5

1.235.'*

161.0

375.657.6

171*.

2

2,001.2105.5

8.793.1631.8126.5

2,882.0388.21*65.0

1*,286,8

391.'*

202.0

11*9.9

U5U.0

1,686.9

222.7108,8671.6

672.0

379.31,151.1*

105.6

2U.02l*9.3

37.51.8

+U0U.8

39l*.9

190.2

271.9

3,1*86.U37lt.6

1,083.3

132.31*89.7

613.8

1*58.6

127.63,101.1

1,213.2858.5630,5

'*80.0

598.'*

330.2

81*0.2

2,575.62,'*96.8

817.221*9. '*

1.353."*

170.0

395.351*.

180.8

2,057.2117.1

8,939.1*

625.6167.5

2,922.01*58.6

531.2

l*.566.3

539.2217.9

155.61*62.3

1,916.5

283.3116.1

737.0

735.5368.U

1,199.9111,1*

30.5253.533.5

.8

-6,622.5

296.9115.1*

193.'*

3.256.629l*.9

1.013.3

85.21*21.1*

l*9U.g

1*22.1

87.22,833.1*

1,038.3652.3i*iit.5

387.5533.6297.5

727.22,125.91.931.9

55l*.8

185.11.030.6

125.0312.21*9.2

170.1

1,760.181.5

7,835.91*55.'*

103.1*

2,1*99.5

302.7369.0

3,82l*.8

372.9151.7

101.

359,1,1*1*1*.

11*5.

100,

559.

609.2

251.51,031*.

5

70.1

15.6212.332.81.5

•2,585.8

218.6

79.1166.6

2,312.7216.5788.8

71*.

2

29 1*.

8

365.0

306.66U.9

2,226.7

778-3511.1288.1*

302.2350.021U.9

558-61,61*3.0

1,393-3

1*03-7

11*0.2

786.1

78.8231*.!*

31.6

126.61,1*17.1

56.

U

6, 61*1*.

9

3l*l*-3

71-5

1.679.1252.5281*.

U

2,821."

292.1*

122.5

69 .U

275.81,11*3.6

105.582.9

373-0

1)08.8

181*.

5

657.55.-9

9.'-*

112.1*

28.51-3

+20,231*.

7

275-8

93.9200-1

2,215.8219.2617.1*

67-2293.11*10.9

321.6

65.72,356.1

755-61.3'to-l

530-U

365.6355-1196.6

1*99-3

1,385.11.375-8

526.6132.7770.6

129-9281.61*5.6

116.01,11*1.1*

51*.

6

5.378.1*

1*50.7

99.1

1,*1*.221*6.8

1*53-0

2,603-7

253-9ll*2.1|

101.1*

306.U

1,31*0,0

127.882.6

997-5

1*51.2

225.1752.076.8

8.2112.1*

28.71.2

-2,052.0

Total.. .30S.621.3 590,267.5 W, 51*6. U 147.682.1 53,11*0.6 39,076.5 1*3,919.8 66,267.1 5U, 667.1 1*9,629.8 ¥t. 791. 5 1*0,01*8.2 52,683.030,770.229.313.1

Source: (1) Total salea: Dally Treaaury Statements; (2) Salea by StateaiPost Office Department,

p Preliminary.

OWNERSHIP OF GOVERNMENT SECURITIES

-kz-

Sununary Distribution by Classes of Holders of Interest-Bearing Securities Issued

by United States Government and Guaranteed by United States

(In mlllione of dollare)

Itid of fiscalyear or month

kk

Summary Data from Treasury Survey of Ownership of Securities

Issued or Guaranteed by the United States, July 31, 1943

The following tables present summary data from the Treasury survey, as ofJuly 31, 19'+3i of the ownership of securities Issued or guaranteed by theUnited States. The large commercial and savings banks and Insurance companiescovered In the survey account for approximately 95 percent of the holdings ofUnited States Government and Government-guaranteed securities held by all banks andInsurance companies In the United States.

A regrouping of Insurance companies was reflected for the first time In theTreasury survey as of June 30, I943 which appeared In the August Issue of the"Treasury Bulletin". Because of this regrouping, data as of June 30, and July 3I,19^3 on life Insurance companies and on fire, casualty, and marine Insurancecompanies should not be compared with similar data for prior months. Revisions ofthe earlier figures will be published In a forthcoming Issue of the "TreasuryBulletin" .

Table I.- Analyels of Ownership by Type of Security, by Call Classes,

and by Tax-Exempt ion Provisions

PART A - PAR VALUES IN MILLIONS OF DOLLARS

Classification

Public marketable interest-bearing securities 1/

Totalamountout-

standing

Held by banks and insurance companiescoTered in Treasury survey

Total

7.3?8insti-tutions

6,^80 banks

6,090commer-cialbanks

U90nmtualsavingsbanks

7^ insurance companies

Total

199lifs

insurancecompanies

5lt9

fire,

casualty,f*rn^ marineinsurancecompanies

Held byU. S.

OoTernmentagenciesand trustfunds . andTsderalReserveBanks 2/

Held byallother

investors

By type of security

Securities issued by United States

Treasury bills

Certificates of indebtedness

Treasury notes

Treasury bonds

Other bonds

Guaranteed Issues ^

Total

By call classesDue or first becoming callablsWithin 1 year

1 to 5 years

5 to 10 years

10 to 15 years

15 to 20 years

Over 20 years

Federal Housing Administration debentures

Total

By tax-exemption provisions

Wholly exempt from Federal Incometaxes U/

Partially exempt from Federal incometaxes ^

Subject to Federal income taxes

Total

12,1*60

16,561

11.875

57,520

196

3.711

102. 3211

36,083

23.565

23.051

6.6ltl

3,653

9,309

22

102,32lt

2,828

28,726

70,770

6,168

io,Uii

8,127

1*0,768

15

2,755

68 . 21*3

20,379

17,203

18.000

It, 281*

2.5''7

5,811

19

68,21*3

8l*5

19.590

1*7.808

5.970

10.080

7.763

29.1*03

11*

2.1*57

55,686

19,303

15,290

15,293

2,639

852

2.303

55,686

783

15,600

39,303

5,939

9,390

7,506

21*, 723

13

2.392

50,U6l*

18,939

ll*,Ug7

13,U3i*

2,163

569

865

6

50,1*61*

77"*

lU,623

35.066

31

189

258

,680

6U

5,222

36U

802

.859

1*76

282

,1*38

5,222

976

'*,237

198

331

36U

11,365

1

298

12.557

1,076

1,911*

2,707

1.61*5

1,696

3. 508

12

12,557

62

3,990

8.505

181*

137

225

9.862

261

10.669

75^

1.1*51

2.183

1,328

1.55^

3.388

12

10.669

21*

2.929

7,716

102,321* 68 .2l*3 55,686 50.1*61* 5,222 12,557 10,669

lU

193

139

1,501*

1

37

322

1*63

52U

317

ll*2

120

1.888

38

1,061

788

1*,907

1,129

771*

U,l*Ul

3"

21*2

11,526

6,823

1,698

1.137

650

297

920

11,526

31*0

2,911*

8,272

11.526

1,386

5,022

2,971*

12,312

11*7

71>*

22,551*

8,881

U.663

3,915

1.707

809

2,579

22,551*

1,61*2

6,222

li*,690

22,551*

(Continued en follovii^ page)

Summary Data from Treasury Survey of Ownership of Securities

Issued or Guaranteed by the United States, July 31, 1943 - (Continued)

Table !•- Analysis of Ownership by Type of Security, by Call Classes,

and by Tax-Exemption Provisions - (Continued)

PART B - PERCENTAOE DISTRIBUTION BY CLASSES OF SECURITIES

ClastlficatlonTot&laaountout-

ttandinc

Public aarketable Interest-baarlng 0«curitl«a 1/

Held by banki and Insurance coMpanlaecorared In Treaiury aurvay

Total

7.328Initl-

tutlont

6.5gO bank!

Total

6.090commer-

cialbank!

U90utualsarlngtbankt

7Ug Inauranca cottpaniaa

199Ufa

inturaneaconrpanlat

5U9 fire,

casual t7.and HarloainturaneaooBpaniaa

Bald byU. 3.

Oovarnmantaganclaiand trust

funds, andfadaralRaterraBanks iJ

Eeld byall

otherInreatora

Z. By type of BecuritySecurities Issued by Oaited StatesTreasury billsCertificates of indebtednessTreasury notesTreasury bonds

,

Other bonds

Guaranteed iesuea "^ , . .

,

Total

II. Sy call classesDue or first becoming callableWithin 1 year1 to 3 y^'U'e

3 to 10 years10 to 13 years13 to 20 yaariOrer 20 yearsFederal Bouaiof Administration debentnrea.

Total

III. By taJE-ezemptlon prorlsionsWholly exempt from Inderal inoone taant U/Partially exempt from Federal Income taxes ^Subject to Federal income t&xet

Total

12.216.211.656.2

.2

3.6

9.015-311.9

59.7•

It.O

10.718.1

13.952.8

•

U.U

11.8

19.6IU.9U9.0

•

.6

89.6•

1.2

1.62.6

2.9

90.5«

2.U

1-7

1.32.1

92.

U

•

2. It

.7

10.2T.i*

79.7

U2.6

9.86.7

38.5.3

2.1

6.1

22.3

^!6.7

3-2

100.0 100.0

35-323.022.5

53-69.1

29.925.226.

U

6.33.78.5

100.0

3''.7

27.527.5t.7

1.5U.i

100.0 100.0 100.0 100.0 100.0 100.0

37.528.726.6U.31.11.7

7-0

15.^35.69-15."

27-5

8.615.221.613.1

13.527.9

.1

7.113.620.512 .U

lU.631.8

.1

17.02U.5

27.816.8

u

S.21'*.7

9.95.62.68.0

39.'»

20.717.U

3.6U.U

100.0 100.0 100.0 100.0 IW.O 100.0 100.0 100.0 100.0

2.828.169.2

1.2

28.770.1

1.1*

28.070.6

1.5 .2

18.781.1

•5

31.867.7

.2

27.572.3

2.056.2U1.8

3.025-371.8

2?:i65.1

100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

PART C - PB31CBNTA0E DISTRIBUTION BY 3R0UPS OF IKVESTOHfl

ClaitlflMtlsnTstal

•ut-itandlif

Pobllo aarkstablt latarcit-bMrli^ •oorlklaa 1/

H«ld b7 bulci and Innriuio* 00Bp«atatc«T«r«d la Tr»asui7 mimy

I«U17.32«lutt-

tutlont

S.MO buki

Total

£,090

olaltatkt

I490

stoalaaTlagtbank.

7U< laanraaoa C9m^as^\*%

Tatal

199Ufa

iaaoraaoaeoo^MUllsa

5»9 fir..oa««alt7,and aarlaalaauraaott

eoapanlai

Bald tr0. 8.

OoTaraaaatMaaolaaaad tnut

faad*. aadTadaralBatarraBanka %/

Bald brall

othariBTaatora

I. B7 type of eecurltySecurltie. Issued V United StataaTreasury bl 11aCertificates of IndebtednessTreasury notesTreasury bondsOther bonds

Guaranteed Issues ^Total

100.0100.0100.0100.0100.0

100.0

II. Sy call claaeesDae or first bqcomlo^ callableWithin 1 year1 to 5 7^6^6

5 to 10 years10 to 15 years15 to 20 yearsOver 20 yearsfederal Bousing Administration debentures

I49.5

62.96e.U

70.97.5

7'*.

2

66.7

1*7.9

60.965.1*

51.16.9

66.2

t7.7

U3.06.9

*.5

.3

1.1

2.28.1.1

1.7

1.62.03-1

''\

s.o

1.5.8

1-917.1

.2

7.0

.1

1.21.22.6

.1*

1.0

39.'*

6.86.57.7

17.3

6.5

11.1

30.325.021 .U

75-2

19.2

51*.!* '^•3 Jil 12.3

100.0100.0100.0100.0100.0100.0100.0

56.573-078.16U.5

69.762.U

87.5

53-56U.9

66.3

39-723-32U.7

32.5

52.561.558.332.615.6

9.329.5

1.03.t8.1

7.27-7

i5.lt

3.0

3.08.1

11.72>t.8

li6.lt

37.755.0

lO.U

2.16.2

9.530.0lt2.5

36.55'».7

11-3 22.0

•9

2.02.3U.8

3.91.3

• 3

I8.97.2U.9

9.88.1

9-95.7

2U.619.817.025.722.127-76.9

Total.

III. By tax-exemption provisionsWholly exempt from Federal income taxes |t/..

Partially exempt from Federal Income taxes ^Subject to Federal income taxes

100.0 66.7 5lt.lt *9.3 5-1 12-3 10.

U

1.8 11.3 22.0

100.0100.0100.0

29.968.2

67.6

27.75>t.3

55-5

27.lt

50.9149.5 6.0

2.213-912.0

.9

10.2

10.9

1.3

3.71.1

12.010.1

11.7

58.121.720.8

Total. 100.0 66.7 5U.U ja^ _5J. .12^ 10.lt 1.8 JkL 22.0

all Instltntlona, $86 Billions; (U) Commodity Credit Corpora-tlon demsid obligations] heldincs of thaaa cbllfatiena arenot reported.Excludes Xxchange Stabilisation 7>and

.

Excludes obligations sold directly to the Treasury.Securities the income froa which is exsapt from the normalrates and the surtax rates of the Federal income tax.Securities the income from which is exempt fram the normalrates of the Federal income tax. (In the case of partiallytax-exempt Treasury bonds, Interest derived from $5,000 ofprincipal saount owned by any alngle holder Is also exemptfrom the surtax rates of the Federal Income tax.)

Less than $500,000 or less than .O558.

Public marketable IntereBt-bearing securities include all

interest-bearing securities outstanding except (1) special

ieeuee to Government agencies and trust funds, (2) adjusted

service bonds. (3) depositary bonds, (U) United States savings

bonds, (5) Treasury savings notes and (6) Commodity Credit Cor-

poration demand obligations. Such obligations were held byinstitutions reporting, as follows: (1) depositary bonds:

commercial banks, $212 millions: (2) United States savings

bonds: commercial banks, $205 millions; mutual savings banks,

$107 millions; insurance companies, $lltO millions; all insti-

tutions, $1*52 millions; (3) Treasury savings notes: commer-cial banks, $55 millions; insurance companies, $31 millions:

^

k6

Summary Data from Treasury Survey of Ownership of Securities

Issued or Guaranteed by the United States, July 31, 1943 - (Continued)

Table II.- Distribution of Ownership for Each Issue Outstanding

PART A - PAR VALUES IN MILLIONS OF DOLLARS

Iseue, classified "by

tax-exemption proTleion

Public markfitabU Intoreet-bearlng BCCorltleB l/

Totalamountout-

standing

Held V banks and iasurance companies

covered in Treasury Burvsy

Total

7.328Insti-tutions

6,5SO banks

6.090commer-

cialbanks

U90mutUAlsavingbanks

"jkS insurance companies

199life

InsursBoeeompuiles

51*9

flr«.casualty

and marineiQBurancecompanlefl

Hold Ijy

U. S.

Goremmentagenciesand truBtfunds, andFederalBeeerveSanke Sj

Held 1>j

allother

Investors

Wholly exempt from Federal income taxes ^Treasury notes

1^ September I9U3

I-I/B5S >ceml>er 19U3Ij6 March igUU

3/U)J June 19Wt

li September I9UI4

3/U5S March I9U5

Total Treasury notes

BondsPostal savingsPanama CanalConversion

Total bonds

Total wholly exempt from FederalIncome taxea

Partially exempt from Federal incometaxes U/

Treasury bonds3-l/Uit October 19't3-'*5

3-l/U!e April 19W-ltS

5)8 December I9W1-5I4

2-3/l*)6 September 191*5-1*7

2-1/2^6 December 191*5

3-3/l*)6 March 191*6-56

3)t June 191*6-1*8

3-I/S56 June 191*6-1*9

U-I/U56 October 191*7-52

2)t >cember 19U72-3/l*?S March 191*8-5!

2-1/2^ September I9U8

2il, December 191*8-50

3-l/8jS >cember 191*9-52

2-1/2* December 191*9-53

2-l/2< September 1950-522-3 /1*)6 June I95I-5I*

3)8 September 1951-55

2-l/l*Jt December 1951-53

H June 1953-552-l/U< Juno 195l*-56

2-7/85( March 1955-602-3A/S September 1956-592-3/l*"S June 1958-632-3/U5S December 196O-65

Total Treasury bonds

Ctaaranteed issues ^Federal Tarm Mortga^ Corporation3-l/UiJ March 19l*l*-61*

}i May 19l*l*-ll9

Federal Housing Adjninietrationdebentures

Home Owners' Loan Corporation

ii May 19l*t*-52

1-1/25S Juno 19l*5-i*7

Federal Public Housing Authorityl-3/8< February igl*!*

Total guaranteed issues

Total partially exempt from FederalIncome taxes

279U21

515

U16

2837I8

2.632

117

5039

196

1.1*01

1.5191.037

1,211*

5UI

1*89

1.0368I9

759

7011,223

1*51

5711*91

1,786

1,1861,627

755

1,118

725681

2,6H982919

1,1*85

26,127

95835

779755

111*

2.599

105ll*2

177

1P536

2l*5

103116

171

117

35228

101llU

170

11731*

226

21

2

2

6

5

52

17

831 770 761 61 2U 37

Sl*5 783

13

771* 62 2U 38

737781617

7651*33

318

6391*83

Ul6

609

951391

1*«5

3861,310

9251.263

36s

882651*

550

1,270679

703l,Ol*l

61*8

5811*81

575362216

1*68

35^306

573819

351

1*65

^951,201*

789

955285

8336281*1*8

826l*U7

361

653

602

5371*36

52631*6

196

1*18

318267

5657763UU

UU7

2671,158

737871*

253

81I*

6201*38

71*0

Ull*

325569

1*6

Ul*

1*5

1*9

16

20

50

36

39

8

1*3

7

8

291*7

5281

31

208

10

87

323681*

90200136

19058

102

1721^110

361321*0

30

90106

1363O8

53

1*9

26

102

1*1*3

2323''3

388

57l6i101

16328

87

ll*l

108

73

6

9725

7SU1*6

892i*U

57

2U26U

321161*

275291

3339

35

272915

3122

37

30

3515

232660

1*8

61*

26

II

38

123686s

97

17,61*1* 13.91U 12,986 928 3,730 2,693 1.037

62

596

19

50U

675

89

35U92

U36628

87

261*80

1*16

621

87

913

19

7

27lOl*

26

98

62

37

1.91*6 l.6«6 1.637 1*9 260 236 2U

^m 1.061

323688

6028

63

307

31*

31*

31*0

186

270115

166

19

70

20588

82

1

161

UU1*1

232

118

16780

10916Ul*

35912868

109

3

13

lU

3

31*

11*3

?U3

250

231

219Uio

1,1*95

711*9

27

11*7

1,61*2

1*77

i*6e

301*

283102101

1912U8

260

9111260

U26U

21*1*

11*3

196308

127

5587

98317511*7

336

5.603

29226

260

78

25

619

6.222

(Gontimied on following page)

»7

Summary Data from Treasury Survey of Onrnershlp of SecuritiesIssued or Guaranteed by the United States, July 31, 1943 - (Continued)

Table II.- Distribution of Ownership for Each Issue Outstanding - (Continued)

PART A - PAR VALUES IN MILLIONS OF DOLLARS-lContinued)

lamie. clasalfled bytajc-ezamptlon provlaion

k4

Summary Data from Treasury Survey of Ownership of Securities

Issued or Guaranteed by the United States, July 31, 1943 - (Continued)

Table II.- Distribution of Ownership for Each Issue Outstanding - (Continued)

PART B - PERCENTAGE DISTRIBUTION BY GROUPS OF INVESTORS

iBfrue, deesified bytax-exemption provision

Totalajnount

out-standing

Wholly exempt from Federal Income taxes 3/Treasury notes

li September I9U3

1-1/8^ December I9U3

1% March igWt

3/U^ June igUll

lib September igUU

i/ki March 191*5

Total Treasury notes

BondsPostal savingsPanama CanalConversion

Total bonds

Total wholly exempt from Federalincome taxes

Partially exempt from Federal income

taxes \/Treasury bonds

3-l/ll^ October 19''3-'l5

3-l/l»?5 April igitU-itS

Uj5 December l^kk-^

2-3/U^ September 19't5-'t7

2-1/255 December 19'*'i

3-3/U* March 191*6-56

ii June 191*6-1*8 ,

3-l/8i8 June 191*6-1*9

!t-l/l*!t October 191*7-52

256 December 191*7

2-3/l*)8 March igUS-Sl2-1/216 September 19U8

2)6 December 191*8-50

3-l/8;6 December 191*9-52

2-l/2iJ December 191*9-53

2-1/256 September 1950-522-3/l*fS June 1951-5'*

35! September 1951-55

2-l/l*)6 December 1951-53

Si June 1953-552-l/l*5S Juno 195U-56

2-7/856 March 1955-6O

2-3M September 1956-592-3/1*56 June 1953-632-3/1*^ December I96O-65

Total Treasury bonds

Guaranteed Issues 5/Federal Farm Mortgage Corporation

3-lA* March 19l*l*-61*

356 May 19l*l*-l*9

Federal Housing Administrationdebenture s

Home Ovners' Loan Corporation

ii Hay 19l***-52

1-1/2)6 June igltS-ltT

Federal Public Housing Authorityl-3/8:« February I9UI*

Total guaranteed Issues

Total partially exempt from Federalincome taxes

Public marketable interest-bearing securities 1/

100.0100.0100.0

100.0100.0100.0

100.0

100.0100.0100.0

100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0100.0

100.0

100.0100.0

ipo.o

100.0100.0

100.0

Held by banks and Insurance companiescovered In Treasury survey

Total

7.328Insti-tutions

37.633-831* .U

30.012.83l*.l

31.6

10.

g

.9

5-t

7.5

29.9

52.6

51 .t

59-5

63.077.665.0

61.759.05U.9

86.9

77-786.7

85.078.573-3

78.077.61*8.7

78.990.380.8

1*8.6

69.176.670.1

6,580 benks

Total

36.727.5

33-3

28.312.2

31-7

29.2

10.0.6

5-3

6.9

27-7

1*6.3

38.21*6.

U

1*7.1*

66.91*1*. 1

1*5.1

1*3.2

1*0.3

81.866.9

77.9

79.660.167.1*

66.5

58-7

37.7

7U.5

86.765.8

31.61*5.5

39.31*1*.

6,090commer-cialbanks

36.027.1

33.0

28.111.8

31.5

28-9

9.9.6

5-3

6.9

27.1*

67-5

65.971.1*

87-5

61*.

8

89.1*

78.0

7'*.9

6s.2

53.3

37.1*

59.0

32.5

55.983.2

76.3

6i*.9

1*3.0

35.'*

1*2.1

1*3.3

63.91*0.1

1*0.3

38.835-2

80.663.1*

76.3

78.2

61*.

8

62.2

53-733.5

72.8

85-56l*.i*

28.31*2.2

35.1*

38-3

1*9.7

28.057.1*

29.5

53-582.3

76.1

1*90

mutualsavingsbanks

3.32.9'*.3

U.l

i*.9

l*.U

5-2

1.2

1.6

1.55.82.6

k.k5.01*.2

1.81.21.5

3.33.3

3.95-7

3.6

63.0

5i*.3 50.9 3.'* Jhl

9.51.5

3.0

2.5.9

71*8 Insurance companies

Total

199life

insurancecompanies

1.06.1*

1.1

1.8.6

2.U

2.3

6.1*

13.213.1

15.610.720.9

16.615.8ii*.5

5-110.88.8

5.318.3

5.9

11.518.

9

11.0

k.k

}-^ii*.9

17.023.6

37.326.1

1U.3

28.512.5

55.0

8.86.1

1.9 10.0

51*9

fire,casualty,and marineInsurancecompanies

.1

1».9

U.l10.6

9.7

13 .U

5-317.9

13.613.29.6

.8

8.05.1*

1.213.02.6

7.515.07.6

2.1

.3

9.3

12.316.729.919.6

10.3

27.511.7

St.

7

8.0

5.0

9.1

.9

1.51.1

1.2.6

2.3

1.1*

.5

.1

.2

1-3

2.63.1*

2.2

3.0

3.02.6U.9

i*.3

2.8

3.3

U.l

5.3

3.3

u.o

^•?3.U

2.3

3.25.S

1*.7

6.97.1*

6.5

It.O

-LJL

Held byn. s.

Governmentagenciesand trustfunds, andFederalReserveBanks 2/

11.38.6

17.1

11*.

3

10.0

11.6

28.9

17.3

13.317.811.1

13.73.6

11*.

3

19.810.710.9

.2

13.1

7.78.1*

13.0

10.010.310.6

9.82.2

6.5

13.713.07.1*

7.3

11.0

3.1*

1-5

5.7

1.8.1*

1-3

Held ly

all

otherinvestors

51.1

57.61*8.5

55.677-257.1

56.8

60.3

99.19l*.6

75.2

58.1

3U.1

30.829-3

23.318.8

20.7

18.

5

30.331*.

3

12.99.113-3

7.313.113.6

12.012.1I1O.7

11.37.612-7

37.617.816.022.6

21.1*

30.727.1

6.9

33.1*

10.3

21.9

23.8

21-7

(Continued on following page)

Summary Data from Treasury Survey of Ownership of SecuritiesIssued or Guaranteed by the United States, July 31, 1943 - (Continued)

Table II.- Distribution of Ownership for Eacli Issue Outstanding - (Continued)

P*HT B - PERCENTAOE DISTRIBUTION BY OROUPS OF INVESTORS-(Contlnued)

lesue, claeslfled bytax-exemption proTlslon

III. Subject to Federal iocome taxeeTreasury bllle

Certificates of Indebtednees7/8j6 iuguat 191*3

7/8)6 HoTember 191*3

7/8)6 Docenber 191*3

7/8)6 rebruary 191*1*

7/8)6 April 191*1*

7/8)6 May 191*4

Total certlflcatea of Indebtednees

Treasury notes3/l*)6 September I9W*1-1/1*)6 March 19U5i/kf December 191*5

1)6 March 191*6

1-1/2)6 December 191*6

1-1/2)6 September 191*7

Total Treasury notes

Treasury bonds

Si March I9U8-5O1-3/14)6 June 191*8

2)6 June 191*9-51

2)6 September I9U9-5I2)6 December I9U9-5I2)6 March 1950-52

2)6 September 1950-522)6 >cember 1951-552-1/2)6 March 1952-51*

2-lA)6 Jane 1952-552-1/2)6 March 1956-582-1/2)6 Jnne 1962-67

2-1/2)6 December I963-682-1/2)6 June 196i*-69

2-1/256 September 1967-72

Total Treasury bonds

Aiaranteed Issues ^Commodity Credit Corporation

1-1/8)6 Pebruaxy I9U5

Beconetmctlott finance Corporation1)6 April 191*1*

1)6 January 19U5

Total guaranteed issues

Total subject to Federal Income taxes..

IT. Orand total

Totalamountout-

standing

Public maitetable Intereat-bearing securities 1/

Total

7.328Insti-tutions

100.0100.0100.0

100.0100.0100.0

100.0

100.0100.0100.0

100.0100.0100.0

100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

100.0100.0100.0

119.5

61*.

2

6U.265.1*

7"*.

6

1*9.8

79.7

Held iQr banlcs and Insurance companiescoTered In Treasury survey

6,580 banks

Total

62.9

78.373."*

83.9

87.980.677.8

78.9

100.0

100.0100.0

100.0

100.0

100.0

80.181.

5

89.2

87.1*

81.

7

91.1

70.278.1

71.7

79-97't.7

71.1

65.6

57.765.6

73.7

83.0

81 .9

72.8

67.6

"•7.9

63.162.16U.1*

71.616.979.0

60.9

73.870.078.3

81.6

78.37H.6

75.7

60.773-773.8

76.871.379.'*

56.670.657.8

63.5

1:1

17.516.3l*i*.0

1*9 .3

76.5

79-8

69.3

55.5

66.7 5U.1*

Less than $500,000 or leas than .05)6.

Public marketable Interest-bearing securities Indite allInterest-bearing securities outstanding except (1) specialissues to Government agencies and trust ftinds, (2) adjuatedserrtce bonds, (3) depositary bonds, (*) United States savingsbonds, (5) Treaaury savings notes and (6) Commodity CreditCorporation demand ^'illgatlone. Such obligations were heldby institutions reporting, at, follova: (1) depoaitajy bonda:commercial banka, $212 mlllloda; (2) Dnlted Statea savli^sbonds: commercial baska, (205 millions; mutual aavlnga banka,$107 millions; Insurance companies, $ll*0 mllllonj; all Insti-tutions, $1*52 millions: (3) Treasury savings notes: commer-

6,090COIBBitT'

clalbanks

U7.7

62.661.1*

63.8

70,11*5.0

78.3

59-7

71.368.376.0

78.876.070.8

73.0

1*90

mutualsavingsbanks

U7.U71.160.0

67.765.073-7

1*8.

5

66.225.1*

1*2.1

17.0

31.8

37.'»

7lt.5

78.5

67.9

"•g.s

U9,3

5.7

.6

1.52.0.6

2.U

1.82.1*

2.8

2.33.8

2.7

13.32.6

13.8

6.2

5.7

8.1l*.l*

32.1*

21.321.5

17.516.312.2

12.0

1.3

1.1*

6.0

71*8 Insurance companies

Total

1.6

1.1

2.1

1.1

3.02.9.8

199life

insurancecompanies

2.0

U.6

3.35.6

6.32.23.2

3.3

i9.lt

7.815M

10.610.511.7

13.67.U

13-9

16.1*

36.261.7

1*8.1

Ul.l*

21.6

2U.3

6.U

2.1

3.5

12.0

5-1I12.3

1-5

.1

• 9.1

1.11.7.2

.8

3.U2.23.8

".71.12.3

51*9

fire,casualty,and marineInsurancecompanies

2,2

U.l6.1

13.9

1:110.6

11.8

5.212.7

i'».7

31*,

8

59.6

1*6.8

1*0.3

20.1

22.8

5-2

.7

2.3

10.9

Oi10.

u

1.01.21.0

1.91.2.6

1.11.1

1.8

1-51.1

9

Held byV. S.

Governmentagenciesand trustfunds, andfederalReserveSanke 2/

Held byall

otherInvestors

l.U

1.71.5

1.31.1

1.1

1.82.21.2

1.7l.U2.1

1.31.1

1-5

1-5

1.2

1.1*

1.8

39.1*

17.618.

7

1*,0

1-51.3

13.0

6.8

1.210.2

3.5

.2

8.5

5-1

5.9.2

S-lt

1-3

.7

1-3

1.1

3.66.7.

k.e

3.58.9

9.510.110.0

5.0

6.5

9-1100.0

18.7

11.7

11.3

18.217.130.6

23.91*8.9

7.3

30.3

20.516.1*

12.6

11.911.022.2

16.0

lU.O18.2

5.3

11.217.57.7

28.718.3a.5

15.321.820.0

2U.932.22U.U

21.

U

10.6

8.9

8.5

20.8

22.0

5/

clal banka, $55 mllllona: Inanranca compBnlea,t31 millions;ail Inatltntlona, (86 mllllona; (U) Commodity Credit Corpora-tion laaand obllgatlonai holdings of theae obllgatlona arenot reported.Excludaa Xichange Stabilisation Tnnl

.

SecTu-Ules the Income from vhi<±t Is exempt from the normalrates and the surtax rates of the Federal Income tax.Securities the Income from vhich Is exempt from the normalrates of the Federal Income tax. (In the case of partiallytax-exempt Treasury bonds. Interest derived from $5,000 ofprincipal amount ovned I7 any single holder is also exemptfrom the surtax rates of the Federal income tax.)Excludes obligations sold directly to the Treasury.

PRICES AND YIELDS OF GOVERNMENT SECURITIES(Including securities issued by Federal agencies)

-50-

51

Over-the-counter Closing Quotations on Public Marketable Securities Issued by the

United States Government and by Federal Agencies

August 31, 1943

Table I.- Securities Issued or Guaranteed by the United States Government

PART A - TAXABLE BONDS, NOTES, AND CEHTIFICATE3

52

Over-the-Counter Closing Quotations on Public Marketable Securities Issued by the

United States Government and by Federal Agencies

August 31, 1943 - (Continued)

Table I.- Securities Issued or Guaranteed by the United States Government

PART C - TAX-EXEMPT BONDS AND NOTES

(Continued)

Ajsount

out-

Dtand-Ing

(Mil-lion!)

53

Over -the-Counter Closing Quotations on Public Marketable Securities Issued by the

United States Government and by Federal Agencies

August 31, 1943 - (Continued)

Table II. - Securities Issued by Federal Agencies but not Guaranteed by the United States

PART A - ISSUES QUOTED ON A PRICE BASIS

Aaouutout-

Btand-Ine

(Mll-llona)

YIELDS OF TREASURY SECURITIES AUG. 31, 1943Based on Mean of Closini^ Bid and Asked Quotations

55

Average Yields of Long-Term Treasury and Corporate Bonds

(Percent)

Partiallytax-exemptTreasurybonds 1/

TaxableTreasurybor le 2/

High-grade

corporatebonds ^

Partiallytax-exemptTreasurybonds 1/

TaxableTreasurybonds 2/

High-grade

corporatebonds y

Partiallytax-exemptTreasurybonds \j

TaxableTreasurybonds 2/

High-grade

corporatebonds 2/

ig35-Jan..Tab..Mar..

Apr.

.

May..June.

July.Aug..Sept.

Oct..

Nov..Dec.

.

1936-Jan..Feb..Mar..

Apr.

.

Hay..June,

July.Aug..Sept.

Oct..Not..

Dec.

.

1937-Jan..Peb..Mar..

Apr..May..June.

July.Aug.

.

Sept.

Oct..KoT.

.

Dec

2.88

2.792.77

2.7'*

2.722.72

2.692.762.85

2.852.832.83

2.802.772.71

2.682.662.66

2.652. 61

2. 60

2.62

2.532.51

2.117

2.1I6

2,60

2.802.762.76

2.722.722.77

2.762.712.67

3.603.523.'*9

3.'*7

3.U8

3.''3

3.'*7

3.1*6

3.1*1

3-39

3.323.263.2U

3.2U

3.22

3.19

3.183.I8

3.15

3.1U

3.U3.07

3.093.2l«

3.36

3.1*3

3.363.31

3.273.253.26

3.263.22

3-17

Monthly Series U/

1938-Jan..Feb..Mar. .

Apr..May..June.

July.Aug..Sept.

Oct..Not..Dec.

1939-Jan.

.

Feb..Mar..

Apr.

.

May..Jxme.

July.Aug..

Sept.

Oct..Not..

Dec19110-Jan.

.

Feb..Mar..

Apr.

.

Haor..

June.

July.Aug..Sept.

Oct..Not. .

Dec

z.9>2.6U

2.622.512.52

2.522.512.58

2.1*8

2.'02.1*9

2.1*7

2.1*1)

2.31*

2.302.172.13

2.162.21

2.65

2.602.U6

2.35

2.302.322.25

2.252.38

2.39

2.282.252.18

2.101.971.89

3.173-153.16

3.253.1'*

3.15

3.123.103.12

3.063.0I*

3.02

2.962.902.87

2.922.862.78

2.762.793.29

3.11*

2.932.86

2.81

2.792.77

2.71*

2.872.93

2.852.802.71

2.702.652.59

igUl-Jan..Feb..

Mar..

Apr..

May..June.

July.Aug..Sept.

Oct..Hot..Dec

19l*2-Jan..

Feb..Mar..

Apr..May..June.

July.Aug. .

Sept.

Oct..Hot..

Dec19l*3-Jan.

.

Feb..Mar..

^r.

.

May..

June.

July.

Aug..

1.992.102.01

56

QZOCO

UJ

Oq:

OUQZ<

trD "in

< fe

q:

^ sQi <UJ *-

O

Q_iUJ

>UJO<UJ

1

GOVERNMENT CORPORATIONS AND CREDITAGENCIES OF THE UNITED STATES

-57-

58

Assets and Liabilities of Government Corporations and Credit Agencies

July 31, 1943

(la mlllloQe of dollars)

Corporation or ag«ncyTotal I^ana

Pre

farredcapital•tock,

•to

Cash

1/

ZnTestaaats

U. S.

OoTern-nentsacurl-tles

Securi-tias

gtiaran-

teed byUnltadStates

Other

Accountsand other

recelTables

2/

tate andother

baelaesiproperty

Interagency aaeete

IXie froDOoTern-ment

corpora-tlone anda^nciei

Capitalstock andpaid-in

eurpluB of

OoTemmentcorpora-

tlona

Otheraeeets

Banks for cooperatlveeCommodity Credit Corporation.Dieaeter Loan Corporation....

Export-Import Bank of Waehln^on.Farm Credit AdmlnletratlonF^arm Security Administration

Federal Crop Inaiirance Corporatlo'a. . .

.

Federal Deposit Insurance Corporr.tlon.Federal Fann Mortga^ Corporation

Federal home loan basks .

.

Federal Housing Adnlnletratlor. . .

.

Federal Intermediate credit ^anke.

federal land banks hjFederal National Hortga^ Association.Federal Prison Industries, Inc

Federal Public Housing 'AuthorityFederal Savings and Lean InsuranceCorporation

Federal Security Ager.cy - student warloans ^

Home Owners' Loan CorporationInland Waterways Corporation ^...,Interior Departtoent (Indian loans).

Panana Railroad Company ^Production credit corporations.Public Works 6/

Puerto Rico Reconstruction AdministrationReconstruction Finance Corporation "]]....

Regional agricultural credit corporations

RFC Mortgage Company, TheRural Electrification Admlni strati on.Tennessse Valley Authority

Tennessee Valley Associated Coopera-tives, Inc

United States Maritime CommieelonWar corporations and activities (World

War I) 2/

War corporations (World War II) 10/.War Shipping Admlnletratlon

Other Oovernnent agencies 11/.

Gross total.

233-51,690.1

21.0

202.0U27.3U36,6

20 .U

722.8l,lWt.7

262. U

120.93S5-'t

2.0W1.6

73.917.8

51*8.8

1U3.7

3.0

,863.52U.U

2-7

77.3127.587.3

21.7

.925.36U.0

110.6355-1671.9

U,93lt.l

5.8

6.966.9582.5

7.138.6

Adjustment to eliminate interagencyinterests

39. 508.

U

IS.ltSl.O

26,057.1*

107.0225.1*

3-1

131.62W*.lltU3.U

33-7U55.2

91-5

295-7

l.'t71.5

70.8

317.2

2.9

1,1*18.^

2.7

87.3

6.0l.'t59.3

55.8

97.23itlt.U

.2

18.1*

201*.

8

26.7

7,615.1

7.615.1

80.1*

1.2

351.1

11.3

Ul*5,i

1*1.5

3.3*

.8

7.5

7.62U.9

10.3

l'».7

17.921*. 1

33-9

6.9

1*3.1*

.8

61*.

6

1.1

11.5.7

1.7

3.78y7.9

17.9

.6

190.7

33.6

615-9

15U.1*

55.636.0

208.0

7-2

136.6

10.0

5-7

8.9

39.7

61*.

9

538.3 1,376.9

120.0

-7

138-3.8

261.6

1*9.5

'*5.1 538-3 1.376.9 261.6 726.0 1,511*.

2

502-3

86.6

8.3

78.2

726.0

1.6

209-516.2

69.51.0

28.5

6.528.91*1*.

6

1.0U2.22.0

IU6.92.02.6

U.9

5-1

.1

3.9-7

• 7

-3

.2

28.8 8/.1

2.1*

8.96.7

32.0

l*.l

796-116.3

1,511*.

2

.1

27.2

1.2

5-3

6.5

176.1

2.616.5

52.2

6.6

6U1.9

95.8936.U

1,561.1

1.6

13.

t

-5

3.5

.1*

27.3

8.6

1.561.1

3.9

5.593.1*

1-91.8

9-1

1*7.6

32-3

7.072-9

12.818.2

12.818.2

172.0

360.7

632-7

-632.7

1,221*

,1

,6i/

183.1*

.1

.1

12.65U.2

.2

U.O

1*. 775-6

9

5.629.827-5

27.6

12,019.2

12,019.2

(Continued on following page)

59

Assets and Liabilities of Government Corporations and Credit A^nclesJuly 31,1943 - (Continued)

(In mlllloni of dollars)

Corporation or agency

Liabilities and rssarraa

Total

Llabllltlea

Ouaranteedty UnitedStates

(IncludesaccruedInterest)

Dot

guaranteedby UnitedStates

IXie to Governmentcorporations and

agencies

Treasury Other

Be'

serves

Proprietary Interest

Iicessof

assets(Total

proprie-tary In-terest)

Pri-vatelyowned

Owned )>y United States 12/

TotalCoitalstock Surplus

Kon-stock

Banks for cooperativesCommodity Credit CorporationDisaster Loan Corporation

Export-Import Bank of WashingtonFarm Credit AdministrationFarm Security Administration

Federal Crop Insurance CorporationFederal Deposit Insurance Corporation....Federal Farm Mortgage Corporation

Federal home loan tianke

Federal Housing AdministrationFederal intermediate credit banke

Federal land banks U/

Federal National Mortgage Association....Federal Prison Industries, Inc

Federal Public Housing AuthorityFederal Savings and Loan Insurance

Corporati onFederal Security Agency - student war

loans ^Home Owners' Loan CorporationInland Vatervays Corporation ^Interior Department (Indian loans)

Panama Rai Iroad Company ^Production credit corporationsPublic Works 6/

Puerto Rico Reconstruction AdministrationReconstruction Finance Corporation j/....Regional agricultural credit corporations

RFC Mortgage Company. TheRural Electrification AdministrationTennessee Valley Authority

Tennessee Valley Aasoclatad Ooopara-tivee, Inc

United States Maritime CommissionWar corporations and activities (World

War 1) 2/

War corporatlone (World War II) 10/War Shipping Administration

Other 0«vemment agencies 11/

Oroee total

Adjustment to eliminate InteragencyInterests

29-51.598.1

.1

l.M

213.6183-7

8.2'•33.5

l.CitU.?

66.125.U

896.5

1.557.750.71.0

MOT.'t

1,781.11.2

575-7

939.1

a.

8

iiu.u

i.5)«.o

19-9.U

7.2U1.31.6

83.6?25-782.5

1.552-3

• 5

6,965-735^-2

59-9

757.9 8/

.8

282.5.1

.2

.2

16.7

8.2

30.97.7

66.1

,U85.3

3-51.0

2.1

30.31.0

15.1»

.1

5U2.3 g/1.3

3-2

ao.5

1,528.6

.2

1,767.'*

93-9

700.627-3

1.2

167.0

1.1U7.2

283.0

151.1

5.800.8

57.0

15-3

SO.U225-7

(6

.2

.1

5,198.2.1

59-9

39.

U

a3-3

11C3.6

97-0

71.3

9-7

51-7-3

3.9-3

125.0• 3

It.U

23-3

.1

.2

260.2

2OU.0

92.0ao.a

200.6213.8302.9

12.1

289.3100.0

196.

U

95.589.0

U86.923.216.8

lltl.lt

litl.6

3.0

82.

U

23.22.7

57 -U

127.187-3

21.76gU.l

62.3

27.0129 .It

589.lt

.3

3,381.8

5-3

1.2

228.3

7,078.7

6.1

139.3

71.6

223.5

197.992.020.9

200.6213.8302.9

12.1150.0100.0

12lt.7

95.589.0

23.216.8

lUl.lt

lltl.6

3.0

82.

U

23-22.7

57 .U

127-187.3

21-76gU.l

62.3

27.0129 .U

589.

U

.3

3,381.8

5.3

1.2

228.3

7,078.7

172.0100.02lt.O

175.0

35.0150.0100.0

12lt.7

60.0

1^1 .It

10.0

1.0

100.0

200.012.0

7.0120.0

325.0IA.5

25.0

25.

u

186.

7

11.3

25-9-8.0-3-1

25.6

29.0

llt2.0

13-212-3

iito.u

Ul.6

117.611.2

gs.u

7.1

399-18/17-8

-3

-23.8

-212.9

213.8302.9

95.5

U.6

3.0

2.7

87.3

21.7

129 .U

589.lt

3.381.8

3.7

27 .ll

228.3

7. 067.it

Sit, 289. It

12,818.2

3,956.9 6.209.6 6,992.5

-6.992.5

5.825.7

-5,825-7

1.30lt.7 15,218-9

632.7

liito.5 111, 778. li

-632.7

2,130.1

-631.7

U»9.5

-1.0

12,158.8

Set total Il,lt7l.2 3.956.9 6,209.6 l.30it.7 lit. 586.2 W40.5 lit,iU5.7 1, it98.it Ugg.; 12,158.8

Source:

2/

it/

6/

Dally Tr»a>ur7 Statement. fjLees than $30,000.Sxcludes unexpended balances of appropriated funds.

Includes deposits with the Reconstroetlon llnance Corporation and 8/Interest thereon. 2/Represents dilefly comDOdltj loans and underlying eecarlty talcen

over from lending agencies pursuant to guaranty purchase agreenente.Also includes coiunodltles acquired through direct purchases froD 10/producers and others, as veil as Interagency transactions of "lend-

leaee" funde which figures are not a^ailahle, and which would other-wise he shown under "IXie from QorerniDent corporations and agencies".Includes the aeeets and liahllities of the Federal Land Banks of

Louisrllle and Houston which have retired stock and paid-in eurpluspreviously held by the Federal GoTernnent

.

figures shown are as of June 30, 19^3. the latest avallahle

.

11/Consists of loans made \ij Pahllc Works Administration for$8U,6UU.371 and hy War Piihltc Works for $2,632,056. 12/

Includes the Xlectric Home and Farm Authority which was transferredfor purpofies of liquidation to the Reconstruction Finance Corpora-

tion hy ETecutive order effective October 3I. 19^2.

Adjusted for Interagency items and.Items in transit.

Comprises Kavy Department (sale of surplus supplies), tJ. S. Bousing

Corporation, IT. 5. Railroad Administration and U. S. Spruce Produc-

tion Corporation.Comprises Cargoes, Inc.. Defense Homes Corpcratlon, Defense Plant

Corporation, Defense Supplies Corporation, Institute of Inter-

American Affairs, Institute of lAter-Amerlcan Transportation,Inter-American Navigation Corporation, Metals Reserve Company.

Ruhher Development Corporation, Ruhher Reserve Company, aoaller

War Plants Corporation, U. S. Conmerclal Company and War Damage

Corporation.Comprises Treasury Department and other Government agencies not

listed in this statement.Excludes the interest of the United States re^esented by obliga-tions held by the Treasury.

60

Sources of Fimds of Certain Government Corporations and Credit Agencies

for the First Month, Fiscal Year 1944

Corporation or agenc/

61

Uses of Funds of Certain Government Corporations and Credit Agencies

for the First Month, Fiscal Year 1944

Corporation or aganey

62

Sources of Funds of Certsln Government Corporations and Credit Agencies

from Inception of Organization through July 31, 1943

Corporation or agency

63

Uses of Funds of Certain Government Corporations and Credit Agenciesfrom Inception of Organization through July 31, 1943

Corporation or agency

INTERNAL REVENUE STATISTICS

-6»^-

65

Summary of Internal Revenue Collections 0/

(In thoueandi of oollara)

riBcal yearor moQth

193U.

1935-1936-

1937.1938.

1939.igw.191*1.,

I9te..19U3..

19't2-All«UBt

September.

October..NoreDber

.

December

.

19''3-Jannar7.

.

February.March. , .

.

2,672,2393.281.T923,'»9't.330

'i,63U.30g

5,6lt3.g3U

5.162.3555,322.7687.351.531

13,029.91222. 368. 713

6«l,36g2.''59.87'»

702. U258'»5.g55

2,521,Wtg

797,2271,058.9025.273.i*2l

April 1. '172. 335M«y 1, 364.980June 't,383,U20

July...Au^et.

1.99g.gg51,672.217

Income and proflte taxee

Total

gl9,656l,105,78gl,U27,ltit5

2,179,8282,629,016

2,185,1052,129,6063. ''71, 1228,006,880

16.298. 876

16U,032

2,122.989

220.386igit.Skg

1,999. 6gg

296.097''33.759

'*.g68.220

1.007.599753. U77

U.026.I49U

l.231.'A2

813,577

IndlTldual

2/

Ui9,509

527,11367U.U16

1,091,7111

1,286,312

l,02g,83U

982.017I.U17.6553.262.8006.629.932

1*0,523

670,306

2e.u6g27.05g

562.515

73.1*10

185,2991.97't.909

681,617511.1*07

1,813.51*8

873,819511,977

CorporationIncoae and

exceiiprofit! 2/

397.516572,115738,520

1.056,9091,299.918

1.122,5311,120.5792.016.295i*,6g7,l*59

9. 581*. 703

120,313l.U36,081

186.668155.031

1,1*25,91*2

217.36821*1*. 689

2,872,526

325,15"*

239.1272.205.581*

31*7.376

29g,726

Miaeel-laneouiprofltetaxee U/

2,6316,560

l'*,509

31,17g1*2,786

33.71*0

27.01037.17256.6218U,2l*l

3.19616.602

7.2502.1*60

11,231

5.3193.ni

20,785

g2g2.91*3

7.362

10,21*7

2,871*

faployment tastte

1*8

265,71*571*2,660

71*0,1*29

833.5a925.856

1.185.3621,1*98,705

177,28222,096

133.919183.19525.263

122,62629"*, 33826,276

120,031*

238.91027.71*7

U5,g26263,723

Social Security taxee 5/

federalInsurance

ContrlbutloaeAct (01d-a«einsurance)

207,339502,917

529,835605,350687.327895.336,131.51*6

11*0.967

U.562

127 . g8211*8.1*78

2.576

91,2291*.307

919

107.038203,1*10

2.593

109,533222.363

Federalnnenployment

Tax ActCOnemploymontInsurance

)

Carrlere'Taxing Actof 1937

58,11990,267

101,167106,123100,658119.617156,008

5.993808

5.1*08

5.753951

30.89681,7612,819

5.8499.0U7

1.186

U,8l*6

8,5^7

1*8

28711*9,1*76

109,1*27

122,01*8

137,871170,1*09

211,151

30,32216.726

62928.99*21,736

90128.27022.538

7.11*7

26.U53

23.968

1.1*732.813

Fiscal yearor month

I93I*

1935193619371938

1939191*0

191*1

191*2

191*3

19l*2-AugUBt

September

October..November

.

December .

.

19l*3-January. .

.

Febriiary.

.

.March

AprilMayJune

JulyAugust . . .

.

Miscellaneous Internal reTenua

1,1*81.160

1,61*9.782

2,001*. 51I*

2,188.7352,272,158

2.236,8212.359,61*1

2.95'*.553

3.837.6701*. 571. 132

31*0.051*

311*. 789

31*8,120

1*78.111

1*96,1*97

378. 50"*

330. 805378.925

3l*l*.702

372.593329.179

651.617591*. 917

Ci^>ltal

stocktax

80, 16891. 50891*. 91*3

137,1*99

139,3'»9

127,203132,739166,653281.900

328.795

233589

266185,1*1*5

1U3,020

209216

392

-2.362193

365

135. 6U5

187. 876

Eetateandgifttaxee

113.138212.112378.81*0

305.5»»8

1*16.871*

360,715360,071i*07.05g

1*32.51*0

1*1*7.1*96

29. 681

27.919

35.11*7

26,951*

30,223

•6.73928.61361.686

39.909'•6,370

28,672

1*7.9102l*.8l*7

AlcohcllcboTeragetaxes

258,9111*10,926

505.21*3

59: . 831567.670

587.605621*. 06I*

819.8691,01*8,165

1,1*23,1*81

122.896111.280

118. 91*9

10l*.l*31

128,973

136. 876128.299120.528

112,757109,271*

115.231

125.168128,869

Tobaccotaxes

Source:

1/

2/

2/

Beporta of collections. 1^/

Zxcludes collections for credit to certain-trust accounts forterritories and insular possessions, etc. (except for the fis-cal years 1929 through I93I*. vhen they aggregated less than $1 Himillion a year).Includes victory tax collections and collections under theCurrent Tax Payment Act of I9U3.Excess profits tax imposed under the Second Revenue Act of 6/191*0. as amended.

1*25.169

1*58,776

500,786551.923567.777

579, 78^608,072697,712780.792923.857

73.93377.11*8

82.53278.60781,359

80. 5656S.2U7

79.51*

76,68U

71,33979,821

86,77189.965

Stamptaxes

66.580'•3.133

68,99069,9191*6,233

1*1.083

38,68139.0571*1,702

1*5.155

2.6532,681

3.167

3.3993.1*58

3.7763.551U.U19

5.1155.127•.993

1*,021

i*.5lo

Manufac-turers' andretailers'

exci se

taxes

390.0383'^2.275

379. 5'W1*1*9,851*

1*16.751*

396,8911*1*7.088

617.373852,069670,015

59.75655.996

66,01*2

1*7.137

63.832

68.1*27

51.1*5?

1*7.13'*

'W,79360.30939.195

®.l*8g

55.538

Miscel-laneoustaxes

1/

11*7.156

91.05276.17280. 161

117.501

11*3. 5I1O

11*8.926

206,8311*00,501

732.333

50.90239.176

1*2.017

32,138U5.632

1*1.912

50.U20

65,222

63,806

79,98160.902

192,611*

103,312

Agriculturaladjustment

taxes

371.1*23

526,22262,323

Consiets of the declared value exceee profits tax, the profitlimiting provisions of the Vinson Act. and the tax on unjustenrichment

.

For the period prior to September I939 the data in the col-umns entitled Federal Insurance Contributions Act and FederalUnemployment Tax Act represent collections under Titles Tilland IX. respectively, of the Social Security Act.Includes tax collectioas under the Sugar Act of 1937 and un-der the dividends tax imposed by the Act of June I6, 1933.

66

COLLECTIONS OF INTERNAL REVENUEFiscal Yaors 1929 to 1943 First 2 Months Fiscal Year 1944

DOLLARSBillions

Total

DOLLARSBillions

DOLLARSBini°"«

Individual Income17

16

IS

14

13

12

II

10

9

8

7

6

5

4

3

2

I

2

I

3

2

I

DOLLARSBillions

1929 -SI 'S3 -ae

67

Detailed Analysis of Current Internal Revenue Collections^

(In thousands of dollars)

Sources of revenuaAu^et

Flret 2 monthe

Fiscalyear191*3

FiscalyearI9UU

Sources of revenueAri^flt

19^3

First 2 months

Fiscalyearl9»^3

Income and profits twees:

Individual:

Withheld by employers (Cxirrent TaJf PaymentAct of 1*3)

Victory tajt (Revenue Act of l^kz)

Other:Current 2/Back

Corporation:Income taxes;Current 2 /

Back

Excess profits taxes (Second Revenue Actof I9U0 as amended)

Miscellaneous profits taxes:Declared valueVinson ActUnjust enrichment

Tbtal Income and profits taxes

ibployment taxes:Social Security taxes;Federal Insurance Contributions Act (Old-

age insurance)Federal Unenploynent Tax Act (Unemployment

insurance)

Totel Social Security taxes

Carriers • Taxing Act of 1937

Total employment taxes

Miscellaneous internal revenue;Capital stock tax

Istete tax

Sift tax

Alcoholic beverage taxes:SlBtilled spirits (imported, excise)Distilled spirits (domestic, excise)Distilled spirits rectification taxWines, cordials, etc. (imported, excise)..Wines, cordials, etc. (domestic, excise)..Brandy used for fortifying sweet wines

(repealed as of July 1, I9U0)Dealers in distilled spirits; rectifiers;manufacturers of stills (special taxes).

Stamps for distilled spirits Intended forexport

Case stamps for diatilled spirits bottledIn bond

Container stampsFloor taxesFermented malt liquorsBrewers; dealers in malt liquors (special

taxes

)

Total alcoholic beverage taxes

Tobacco taxes:Cigars (large)Cigars ( snail)Cigarettes (large)Cigarettes (small)SnuffTobacco (chewing and smoking)Cigarette papers and tubesLeaf dealer penalties, etcCigarette and cigar floor taxes

Total tobacco taxes

681

'•38,161

55.08518,050

110,60826,U25

161,693

2,813

61

813.577

222.363

8,5^*7

230,910

32.813

263.723

187,876

2U.192

655

13.99't

U7,170I.USU

XOl

2,300

1.338

73811.2351*9,980

1*75

128,869

2,298

7k

82 868

119''.529

13U

89.965

85.51717.878

136,65037.563

102,318

5.29811827U

681

770. gus

582,291*

31.877

252,716''5,567

3«7.819

13,0206

96

385,616 2,0't5,019

261,81*9

11.529

331,896

13, 39'*

273.378

30.923

30l*,301

lt62

73,892

1,372

6,'tU2

115,90'*

3.73636

'*,301

'1,796

262

2.35513.75't

83.022

2,27'»

236,882

2 ''23

17

3135.902

1,0733,3U9

2U3

11*8,010

3''5,290

3"*. 259

379.5'»9

323.521

71.193

1.565

25,8'*5

93.9312,675

207U,l|glt

l*,83lt

7

213

1.29315.371

103,015

2.163

25't,038

'*,531

15

7162, 91*3

1,2617.702

265•

11

176.735

MlecellaneouB internal revenue (continued):Stasp taxes:Sonde, issues of capital stocks, deeds of

conveyance, etcTransfers of capital stock and Blmilar

interest salesPlaying cardsSilver bullion sales or transfers

Total stamp taxes.

Manufacturers' and retailers' excise taxes:Lubricating oilsGasolineTires and tubesFloor taxes on tires and tubesAutomobile trucks and busesOther automobiles and motorcyclesFarts and acceseorles for automobilesElectrical energyElectric, gas. and oil appliancesZlectrlc light bulbs and tubesElectric signs (repealed as of ll/l/Ua)...Hadio sets, phonographs, components, etc.Phonograph recordsMusical instrumentsMechanical refrigerators, air-conditioners,

etc

MatchesFloor taxes on matchesBuelness and store machinesFurs - retailers' exciseJewelry - retailers' exciseLuggageOptical equipment (repealed as of 11/1/^2)Photographic apparatusRubber articles (repealed ae of ll/l/Ua),,Sport Ing goodsToilet preparations - retailers' excise...Washing machines (repealed as of II/I/U2).Firearms, shells and cartridgesPietols and revolversHepealed taxes not listed abdve..,.,

Total manufacturers' and retailers'taxes

excise

Miscellaneous taxes:Bituminous Coal Act of 1937Sugar Act of 1937Telephone, telegraph, radio and cable,

leased wires, etcLocal telephone serviceTransportation of oil by pipe lineTransportation of persons, seats, berths..Transportation of propertv (effective

I2/I/U2)Use of motor vehicles (effective 2/1/U2),.Use of boats (effective 2/I/U2)Leases of safe-deposit boxesAdmissions to theaters, concerts.

cabarets, etcClub dues and Initiation feesBowling alleys, pool tables, etcCoin operated devicesAdulterated and processed or renovated

butter, mixed flour ^Z and filled cheeseOleomargarine. Including special taxes..,.Narcotics, including marihuana and special

taxesCoconut and other vegetable oils processedNat ional Firearms ActAll other, including repealed taxes not

listed above

Total miscellaneous taxes

Total ffllscellaneoue latern/ii revenue.

Total internal revenue

a.iUg

1,681

672

9

U,glO

U,790

23.0982.761*

1

10361*2

2,219U,U6g

3056720

22»*

199lUl

733697

3602.108

't1.092

65268

2.8652

ll*0

55.538

'*33

5.936

13.25'*

8.5321.593

l'*,172

18,51*6

17,002'*3

560

16,178752395

5.357

1

329

U218l*

1

103,312

59"*.917

1.672,217

3,31'*

1,'*12

739

5

5,'»7o

7,100

59,1072,006

23l.'*93

3903. '338,'*37

2.7856802'*8

2.06226Uh^

1.5721.039

1*

2.008l,'i78

11,382qltl*

122

1,5155,'tl2

1.891'*,880

22

59710

33

121,691

9587,377

12.'*72

9.9'*1

2,5018,956

13: .765272895

2"*. 9211.3211,238

5,833

791*6

1915O8

11

13

211,126

798.905

Source: Reports of collections.* Less than $^00.1/ Excludes collections for credit to certain trust accounts for

territories and insular possessions, etc.

2/ Current collections consist Id general of taxes paid within twelve

LlJ

l,U8g.822

monthe after the close of the taxable year for which the return wasfiled.

2_f Tax imposed upon the manufacture and sale of, and the occupationaltax on, mixed flour repealed ae of November 1, I9U2,

GOLD AND SILVER STATISTICS

•6S-

69

Gold Assetfl and Liabilities of the Treasury

(In llllona of dsll>r«)

Ind of calendmr7«ar or month

QoldAl»t>

UaMUtloa

Oold Cartlf-leatoi 1/

Gold fioiomagainst U. 8.

notao. ato- 2/

iTfthanga

StalllIllationrnnd ll

Sold InOanaral Tond

I93U.

1935-1936.

1937.1938-

19U1.19U2.

19U3-AncaatS«pt«m1)ar.

October .

.

NoTeDl)er

.

December.

I9U3-January..Tebroary

.

March

April.May...Jtuia.

.

JulyAngaat p.

8,238.610,122.911,257.612.760.0llt,511.217,6I»3.I»

a,99'«.522.736.122,726.3

22.7,

22.7U0.122,7U3.1l

22,726.3

22.683.022,eU3.g

22.575.7

22,U72.722, 1)26.

U

22.387-5

22,35'».8

22,2U2.7

5. 27 It.

7.679.58.959.69.212.311,872.815.278.619,«25.l«

20.566.820,611.9

20.631*.

3

20.6311.8

20.628.220,631.220.611.9

20.578-520.533.720,470.8

20. 360.

U

20,318.120.281.3

20.219.U20,127.7

156.0156.0156.0156.0156.0156.0156.0156.0156.0

156.0156.0

156.0156.0156.0

156.0156.0156.0

156.0156.0156.0

156.0156.0

1.800.01.800.01.800.01,800.01.800.01.800.01.800.01,800.01,800.0

1.800.01.800.0

1,800.01,800.01,800.0

1.800.01,800.01,800.0

1.800.01.800.01.800.0

1,800.01,800.0

1,008.61»«7-'*

31*1.9

1.591.6682.1*

IIO8.9

213.2215.3158 .H

165.I1

163.6

155-9156.2I58.lt

11*8.5

15U.31U8.9

156.2152.3150.2

159.1*

159.0

Sonrea; Dally Treaaury Statenenta.

p Preliminary.1/ Comprises (1) gold cartlfiOBtaa held \j tha puhlic and in Ted-

aral Baaerre Banka; and (2) cold eertlfloate credlta in (a) the

Oold Certificate Tund - Soard of GoremorB. Federal BeaerraSyatttB, and (b) the Redemption Pond - federal Reserre notea.

2/ Baeerre a^alnat United States notea and Treaaory notei of I89O.

^ Sxdndee gold In aotlTe portion of Exchange Stahllication Tund.

Monetary Stocks of Gold and Silver

(la mlllione of dollars)

Xnd of flecalyear or month

Sold

(»35 perfine ooBoe)

SllTer(»1.29+ perfine onnoe)

Batlo ofsilver to goldend ellTar inmonetary atocka

193^193519361937 .^

1938

1939191*0

191*1

19U219U3

lglt2-An«aat

September

OctoberHoTembarSacaBber

19l*3-Jaaaar7Tebroalry

March

AprilMayJune

JulyAugust p

Souroet lUly Treaanry Statemant and Circulation Statement ofOtaited Statas Money,

p Preliminary.r Rerlead,

7.856.2

J. 115 .6

10,608.1*

12,318.312.963.0

16.110.119.963.122,62>*.2

22.736.722. 3*7.

5

22.755.722,79*.!*

22,71*0.1

22,71*3.1*

22,726.3

22,£«3.022.0*3.8

82.575.7

22,1*72.7

22.1*26.1*

22,387.5

22,3,22, 2l

I*.

8

!lt2.7

898.21.1*63.1

2,21*9.5

2,51*2.1

3.066.U

3.605.23.939.6'*,W8.7u.306.3U.298.5

'.317.21*,320.2

'*.319-7lt.319.6

'*,317.6

l*,3iU.6

1*, 312.0l*,306.g

"•.303 -91*,298.9U,298.5

l*,29l*.U

It. 276.

6

10.313.817.517.219.1

18.316.515-515-916.1

.9

.0 r

16.0 r

16.0 r16.0 r

16.016.016.0

16.116.116.1

16.116.1

70

Components of Silver Monetary Stock

(In mllllona of dollart)

Xnd of calondaryou* or month

SllTor hold In Trooaury

Socorln^ ollTorcortlfleatoB 1/

SilTor bullion SllTsr dollart

In Ooneral fund

Suhsldlaiycoin 2/

Bolllon forrceoloaco 2/

Bullionat cost

Sllrer outoldaTroatury

SllTordollars 1/

Sahaldlarycoin 2/

Total BllTorat $1.29per oonco

I93U.

1935-1936.

1937.1938.1939-19U0.19U1.

19'»2.

19't2-AugUBt

Soptemher

.

October.

.

November

.

December

.

I9U3-January .

.

February.March

April.May...June.

.

JulyAu^ot p.

211.6

576.9775.9938.8

1,137.61.298.21.398.11,Ut6.11.516.2

1,511.71,513.6

1,515.01,515.51,516.2

1,516.31.516.31.516.8

1.517.91,518.81.519.7

1.519.71.519.7

508.

U

508.

7

505.7503-7502.7U99.Olt9U.6

U8U.11*68.3

'*75.5

'*73.3

U71.8'170.0

1*68.3

U67.8U66.8

1*65.5

U63.61*58.7

1*1*5.

9

1*30.2

lt.2

U.2

5.75-t

3.5

13.510.5

9.2

19.530.3

35.9

36.91*1.2

36.9

35-535-2

8.8

.2

.3

.2

.2

89.3262.73''7-7

U28.6

535-3616.0657.lt

662.3628.2

S52.I61*7.2

61*0.0

631*. 3628.2

621.1

613.9606.0

600.0

593.6592.1

589.1585-3

35.238.1*

Ul.J1*3.

U

lii.U

1*8.1

52.563.078.8

71.6

73-7

75-377-178.3

79-1*

80.

3

81.6

83.08U.3

85-7

87-588.

5

305.3323-5350.1*

366.9372.8391*. 1

1*22.1*

''93.5

587.3

531-751*8.1

561.8

575-75B7-3

588.5990.0596.0

60U.7

612.7623.1

g:633-2

1-3

1.279.71.970.12,1*02.3

2,806.53,3U6.8

3,790.2U. 060.01*. 2llll.8

U.317.6

U.317-21*,320.2

"*, 319-7i*.3i9.6

1*, 317.6

U,3ii*.6

1*. 312.0i*,306.8

'',303-9U.298.9i*.298.5

l*,29lt.l*

U,276.6

Dally Treasury Statement and Circulation Statement of UnitedStates Money.Preliminary.

• Lees than $50,000.

1/ Valued at $1.29'*- per ounce.

2/ Valued at $1 . 38-f per ounce

.

Silver Production In the United States and Silver Acquisition

by Mints and Assay Offices!/

(In millions of oiincee or dollars)

Calendar yearor month

SllTorproduction

InUnitedStates

Ounces

Silver acquired by mints and assay offices

Dollars

Hevly mined domesticsilver 2/

Nationalizedsilver i/

Foreign silver U/

193''-

1935-1936.1937-1938.

1939.191*0.

19U1.

19U2.

19U2-Au«uatSeptember.

October.

.

November

.

December

.

191*3-January..February

.

March

April.

May.. .

June.

.

July...August.

32-5U5.663.1*

71.361.763.967.069.15U.5

l*.l*

U.6

3.8

3-33-7

3-53.23-6

3-63.03-7

''-3

5/

30U.953l*-3

333-1'

112.2U17.13l'3.3

208.0IU3.I62.1

2.92-5

2.01.2

-5

.1

.1

.6

1.6

1-31.2

155.931*6.5

197-8163.3199-1160.699-1'

77-2Uo.o

2.11.8

1.1'

.1

.1

-5

1.1

.9

.8

21.838.061.1

70.661.660.768.370.5U7.9

2.9

2.5

2.01.2-5

.1

.1

.6

1.6

1-31.2

lU.i

27-3U7

5^.

1*2.

uo.

U8,

50.

110.62.0

.1*

31*.

2.11.8

l.U

.1

.1

• 5

1.1

.9

.8

55-31.0.2

172-5Ugit.U

271-921*1.5

355-''

282.5

139-872.61U,3

86.5318.2150.3108.7156.9120.550.927-16.0

ce; Silver production: Annual Report* of the Director of the Mintfor nnniinl figures through 1939: releases of American Bureauof Metal Statistics for all later figures.

• Less than 50.000. J/1/ For Information on silver production In other countries from

1933 through 191*0 or 19U1, see "Treasury Bulletin" for ]*/

August I9U3. page 71*.

2/ Acquired at 61*. 61*-*- cents per fine ounce until April 9, 1935: 5/at 71. 11-*- cents per fine ounce from that date until April 23.

1935; a* 77-57-'- cents from April 23. 1935 to December 3I.

1937: at &i.6h* cents per fine ounce from December 3I. 1937to July 1, 1939; and at 71. ll-"- cents since July 1, 1939-Acqulred at 5O-OI cents per fine ounce. Executive Proclama-tion of August 9, 1931*, repealed April 28. 1938.Acquired at various prices averaging approximately 5I centsper ounce.Not yet available.

71

Seigniorage on Silver

(Cuimilatlve from January 1, I93U - In Billions of dollars)

End of calendary«ar or fflonth

Selgnlora^on silverand minor

coins

Sources of seigniorage on silver bullion revalued 1/

Misc. silver(incl. silverbullion held

June lU. 193U)

Kevly-tnlnedsilver (Proc.

Dec. 21, 1933)

Newly-olnedsilver (Act

July 6. 1939)

Silver Pur-chase Act

of June 19.193U

nationalizedsilver

(Proc. ofAug. 9. 19 3^*)

Total

seigniorageon silverrevalued

Potentialseigniorage onsilver bullion

at cost inOeneral Fund

193^1935193619371938

193919140

igUlV^Z

19U2.Aii«tttt...,

Septenber.

October...HoTenber.

,

Oeeanber.

,

19113- January...February..March

AprilHayJune

JulyAu^at. .. <

18. S

1*6. i

63.769.5

91.7122.2182.1alts. 7

218.5225.8

233.''

239.5

251.0257.526U,9

271.1277.5280.1

283.3286.0

lis.

7

Us.

7

1»8.7

Us.

7

Us.

7

Us.

7

Us.

7

Us.

7

Us. 7

Us.

7

Us.

7

Us.

7

Us.

7

Us.

7

Us.

7

Us.

7

Us.

7

Us. 7Us.

7

Us.

7

Us.

7

Us.

7

.u

16.836.05S.07U.9

87.387.687.687.6

S7.6

87.6

87.687.687.6

87.687.687.6

87.687.687.6

87.687.6

U.2

25.7Us.

3

63.6

61.662.U

63.16l.U

63.6

63.663.663.9

6U.U

6U.8

65.2

65.265.2

51.1226.2

302.7366.7U57.7

530.7562.7580.U

58U.3

58U.358U.3

58U.358U.35SU.-?

58U.358U.358U.3

58U.358U.358U.3

58U.358U.3

28.

5

3U.53U.7

3U.73U.7

3U.7

3''. 73U.73U.7

3U.73t.7

3'*.7

3''.7

3U.7

3U.7

^.73^.7

3U.73U.73U.7

^.73't.7

12S.7326.2"22.1508.1616.0

705.6759.

u

799.7818.9

8I6.9817.

7

818.

U

818.

7

818.9

818.9818.9819.2

819.

7

820.1

820.5

820.5820.5

132.627U.9

397.55U1.6

758.8

950.61,055.81,089.01,0US.2

1,085.51,082.5

1,068.51,060.0l,0Ug.2

1.029.7i.oUs.u ij1.038.9

1,036.61,029.51.029.5

1,026.51,020.0

Bails: Dally Treasury StateDenta.

\j These Items represent the difference between the cost value andthe cionetaiy value of silver bullion revalued and held to securesilver certificates.

2/ The figiires In this column are not cumulative; as the eincunt ofbullion held changes, the potential seigniorage thereon changes.

^ Increase due principally to cumulative adjustment in conputingaverage cost per ounce.

OTHER TREASURY STATISTICS

-72-

73

Net Capital Movement to the United States, 1935 through June 1943

[Tn thouaand* of dollars. Hat capital outflow (-)]

ParlodRot capitalovenent

Analjrala of not capital BoTCBent

MoYflVOot InBhort-tem

banking fiinds

MoTonent In

brokoragobalaneoa

MoTeaiont In

tranaa^tlonain doBoaticaacurltiea

MoTement in

transactionsin foreignaacuritiea

Calendar Tear:

1915 (Jan. 2, 1935-Jan. 1. 1936),

1936 (Jan. 2, 1936-D«c. 30. I936)

1937 (Dec. 31. 1936-Dec. 29. 193T)1938 (Dec. 30. 1937-Dec. 28. 1938)

1939 (Dec. 29, 1938-Jan. 3, 19ltO),

igltO (Jan. U, 19Uo-Dec. 31. 19'tO)

191*1 (Jan. 1. igUl-Dec. 31, 19IH),19l»2 (Jan. 1, 19U2-Dec. 3I. I9U2),

19113 (Jan. 1. 19lt3-Jnno 30. 19113)-

Total (Jan. 2, 1935-Juno 30, l^J)

19ltl-January (Jan. 1-Jan. 29).?ebruary (Jan. 30-7ob. 26).

March (?eb. 27-Apr. 2),

iprll (Apr. 5-Apr. 30),

Hay (May 1-May 28).

June (Majr 29-Jiily 2).

July (July 3-July 30).

August (July 31-Sopt. 3).

September (Sept. U-Oct. 1),

October (Oct. 2-Oct. 29).November (Oct. 30-Doc. 3)'

Decenber (Dec. U-Dec. 3I).

19U2-January (Jan. 1-Jan. 28).

rebruary (Jan. 29-7eb. 25).

March (ifeb. 26-Apr. 1).

April (Apr. 2-Apr. 29),

May (Apr. 30-June 3).

June (June U-Jnne 30).

JulyAugustSeptwber

OctoberMoTsober r

December

I9U3-JanuaryFebruaryMarch

AprilMayJune

I,l>12,l>g6

1,195,922801,9151*15,256

1.195.635

706.380-1*96,9236ol*,321

671.W8

6,506,1*00

-33.066-130,067-37.998

126.067-16,682-60.U3I*

-68,51*0

-28.60031,980

-7,036-123.919-11*8.628

-66,927.91*. 69s

13. Jit?

227.185103,82181.881

1*7,282

57.3't5

55,018

39.78866.90573.576

72.750107.175132.152

65.20670.330

223.795

96U,629

397.3''2

255.591*

331.2681.132.383

852.928-286,622

561.573690,1*1*2

t. 899,537

1*1. 6l2

-97,00037.U10

139.9955.119

-'•9.369

-67.039-26.01*1

25.939

-8.728-129,220-159.300

-71*, 305-8". 56519.020

232,238100,71281.602

58.078'*g.ltl3

U6.121

23.38257.53857.339

151,809119.68361.505

58,28975».3ll

22l*,8l*5

6,0396,811

3'*.687

3''

32.990

3.5137.7't9

112,132

-2,l"il»

-1.571-1.323

678

1.2271,71*0

-288

-262

387-158

1.175-59

2.297

-37061*0

1.692

-2.593251

3.57'*

-3.331-90

327

2.658-600

2,131*

922-1.0273.662

316,660600,6932l*l*,626

57.196-85.1*27

-21*5,062

-261.955l»6.59?

l'*,59U

687,921*

-76.775-36,132-7l*,028

-19.313-UO.852-10,387

-7.585-7.0866.956

-2.153-838

6,238

U,29*.l*.7g2

-1.329

1.6872,1*58

2.961

1.3039.1*27

3,1*01

g.ll*€

6.72512.338

5,205-2.5039,881

6.937-389

125.158191.076267,00826,758115.689

78.15651.703-7.36"*

J*l.377

806,807

U.251li>.636

-57

3,01619,71*5

-1.35^

l*.«57

2.787-627

l*,107

5,752U.592

1.939-1.292-6.6&3

-6.37011

-U.37''

-9.506-7U6

1.922

11.5912.7323.372

-86.022-9,1*05

58,632

-91*2

-2,565-175

Monthly figures commencing vlth Jajiuary 191*1 are reprintedabove in order to bring together all of the lateet rovi-alons. The weeldy series of capital movement data through

July 1, 191*2 was superseded by a revised monthly reriea eoa-oencing with July 191*2. 7or explanation, see "Treasury Bulletin"for October 191*2, page 78.

FCmyiCTORYr^'^J

BUYUNITEDSTATES

WAR%ONDS

ANDSTAMPS

/

Cor'

Treas.HJ10

.A2

19A3C.2

U.S. Treasury Dept.

Treasury Bulletin