11 eas. HJ 10 AC C.2
TREASURY DEPARTMENT LIBRARY ROOM 980
Copy 2
LIBRARY ROOM 5030
JUN 2, 1972
TREASURY DEPARTMENT
BULLETIN
OF THE
TREASURY DEPARTMENT
NOVEMBER 1940
Analysis of Receipts and Disbursements Composition of the Public Debt Capital Movements and Monetary Data Other Treasury Statistics
TREASURY DEPARTMENT
OFFICE OF THE SECRETARY
BULLETIN OF THE TREASURY DEPARTMENT
NOVEMBER 1940
Analysis of Receipts and Disbursements Composition of the Public Debt Capital Movements and Monetary Data Other Treasury Statistics
TREASURY DEPARTMENT OFFICE OF THE SECRETARY
Table of Contents
Page
Federal Receipts and Expenditures
<table><tr><td>Budget Receipts and Expenditures</td><td>2-5</td></tr><tr><td>Collections of Internal Revenue</td><td>6-8</td></tr><tr><td>Customs Duties and Taxes</td><td>9-10</td></tr><tr><td>Social Insurance Accounts</td><td>11-12</td></tr><tr><td>Cash Income and Outgo</td><td>13-14</td></tr></table>
Treasury General Fund and Public Debt
<table><tr><td>Composition of the General Fund</td><td>16</td></tr><tr><td>Statement of the Outstanding Public Debt, October 31, 1940</td><td>16</td></tr><tr><td>Holdings of U. S. Government Obligations and Government-Guaranteed Obligations</td><td>17</td></tr><tr><td>Market Transactions in Government Securities for Treasury Investment Accounts</td><td>17</td></tr><tr><td>Composition of the Public Debt</td><td>17-18</td></tr><tr><td>Treasury Financing Operations since July 1, 1937</td><td>19</td></tr><tr><td>Treasury Bill Offerings since July 1, 1939</td><td>20</td></tr><tr><td>Maturity Schedule of U. S. Government Debt, October 31, 1940</td><td>21-22</td></tr><tr><td>Computed Rate of Interest on the Public Debt</td><td>23</td></tr><tr><td>Average Yields of Long-Term Treasury Bonds and High-Grade Corporate Bonds</td><td>23-24</td></tr><tr><td>Yields of Treasury Bonds and Notes, November 15, 1940</td><td>25</td></tr></table>
Governmental Corporations and Credit Agencies
<table><tr><td>Assets and Liabilities and Proprietary Interest, September 30, 1940</td><td>27</td></tr><tr><td>Sources and Uses of Funds</td><td>28-31</td></tr><tr><td>Obligations Outstanding Guaranteed by the U. S.</td><td>32</td></tr><tr><td>Financing Operations in Guaranteed Securities</td><td>32</td></tr><tr><td>Maturity Schedule of Securities Guaranteed by the U. S., October 31, 1940</td><td>33</td></tr></table>
Capital Movements Between the United States and Foreign Countries
<table><tr><td>Summaries for the First Year of the War</td><td>35-36</td></tr><tr><td>Net Capital Movement Between the U. S. and Foreign Countries</td><td>37-38</td></tr><tr><td>Short-Term Foreign Liabilities and Assets</td><td>39-42</td></tr><tr><td>Foreign Security Transactions and Brokerage Balances</td><td>43-45</td></tr><tr><td>Foreign Transactions in U. S. Domestic Securities</td><td>46-47</td></tr><tr><td>Foreign Exchange Transactions</td><td>48-49</td></tr></table>
Other Monetary Statistics
<table><tr><td>Gold and Silver</td><td>51-55</td></tr><tr><td>Value of Foreign Currencies in Terms of Gold</td><td>55</td></tr></table>
Miscellaneous
<table><tr><td>Vessels Cleared from the United States Direct for Foreign Ports</td><td>57-58</td></tr><tr><td>Commodities Imported Under Quota Provisions</td><td>59</td></tr><tr><td>Treasury Department Criminal Cases in the U. S. District Courts</td><td>60</td></tr></table>
FEDERAL RECEIPTS AND EXPENDITURES
-1-
2
Summary Table on Budget Receipts and Expenditures and Public Debt Outstanding
(In millions of dollars)
<table><tr><th rowspan="2"></th><th colspan="6">Budget Receipts and Expenditures 1/</th><th colspan="6">Public Debt</th></tr><tr><th colspan="6">First 4 months, fiscal years 1936 to 1941</th><th colspan="5">Outstanding on October 31</th><th>Change<br>Oct. 31, 1939<br>to<br>Oct. 31, 1940</th></tr><tr><th></th><th>1936</th><th>1937</th><th>1938</th><th>1939</th><th>1940</th><th>1941</th><th>Change<br>1940 to<br>1941</th><th>1935</th><th>1936</th><th>1937</th><th>1938</th><th>1939</th><th>1940</th></tr><tr><td>Receipts......</td><td>1,234</td><td>1,408</td><td>1,618</td><td>1,700</td><td>1,591</td><td>1,822</td><td>+221</td><td>Market issues, etc.</td><td>28,757</td><td>33,210</td><td>34,965</td><td>35,474</td><td>36,927</td><td>39,036</td><td>+2,109</td></tr><tr><td>Expenditures...</td><td>2,186</td><td>2,583</td><td>2,349</td><td>2,823</td><td>3,000</td><td>3,152</td><td>+152</td><td>Special issues....</td><td>705</td><td>623</td><td>1,991</td><td>2,949</td><td>4,109</td><td>5,101</td><td>+992</td></tr><tr><td>Net deficit...</td><td>954</td><td>1,175</td><td>531</td><td>1,123</td><td>1,409</td><td>1,330</td><td>-79</td><td>Other debt......</td><td>29,462</td><td>33,833</td><td>36,956</td><td>38,423</td><td>41,036</td><td>44,137</td><td>+3,101</td></tr></table>
Source: Daily Treasury Statements. 1/ Includes public debt retirements and trust fund receipts and expenditures.
Budget Receipts and Expenditures
(In millions of dollars)
<table><tr><th></th><th colspan="6">First 4 months, fiscal years 1936 to 1941</th><th colspan="3">Complete fiscal years, 1939 to 1941</th><th colspan="2">Change:</th></tr><tr><th></th><th>1936</th><th>1937</th><th>1938</th><th>1939</th><th>1940</th><th>1941</th><th>Change: 1940 to 1941</th><th>Actual 1939</th><th>1940</th><th>1941</th><th>Actual 1939 to actual 1940</th><th>Actual 1940 to estimated 1941</th></tr><tr><td>Receipts:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax</td><td>106</td><td>387</td><td>634</td><td>618</td><td>447</td><td>563</td><td>+116</td><td>2,189</td><td>2,125</td><td>2,797</td><td>-94</td><td>+672</td></tr><tr><td>Miscellaneous Internal Revenue</td><td>680</td><td>812</td><td>895</td><td>845</td><td>914</td><td>1,033</td><td>+119</td><td>2,232</td><td>2,145</td><td>2,181</td><td>+113</td><td>+436</td></tr><tr><td>Fares under Social Security Act</td><td>-</td><td>-</td><td>215</td><td>173</td><td>187</td><td>211</td><td>+24</td><td>671</td><td>712</td><td>735</td><td>+61</td><td>+23</td></tr><tr><td>Fares upon carriers and their employees</td><td>-</td><td>-</td><td>-</td><td>27</td><td>30</td><td>32</td><td>+2</td><td>109</td><td>121</td><td>135</td><td>+12</td><td>+14</td></tr><tr><td>Customs</td><td>130</td><td>143</td><td>153</td><td>112</td><td>121</td><td>101</td><td>-20</td><td>319</td><td>349</td><td>300</td><td>+30</td><td>-49</td></tr><tr><td>Other</td><td>116</td><td>66</td><td>86</td><td>60</td><td>69</td><td>70</td><td>+1</td><td>188</td><td>273</td><td>228</td><td>+85</td><td>-45</td></tr><tr><td>Total receipts</td><td>1,234</td><td>1,408</td><td>1,983</td><td>1,841</td><td>1,768</td><td>2,010</td><td>+242</td><td>5,668</td><td>5,925</td><td>6,976</td><td>+257</td><td>+1,051</td></tr><tr><td>Less amounts transferred to Federal Old-Age and Survivors Insurance Trust Fund 2/</td><td>-</td><td>-</td><td>165</td><td>141</td><td>177</td><td>188</td><td>+11</td><td>503</td><td>538</td><td>609</td><td>+35</td><td>+71</td></tr><tr><td>Net receipts</td><td>1,234</td><td>1,408</td><td>1,818</td><td>1,700</td><td>1,591</td><td>1,822</td><td>+231</td><td>5,165</td><td>5,387</td><td>6,367</td><td>+222</td><td>+980</td></tr><tr><td>Expenditures:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>National defense</td><td>268</td><td>313</td><td>330</td><td>378</td><td>446</td><td>883</td><td>+437</td><td>1,163</td><td>1,559</td><td>5,000</td><td>+396</td><td>+3,441</td></tr><tr><td>Veterans' Administration</td><td>290</td><td>246</td><td>194</td><td>189</td><td>185</td><td>185</td><td>-</td><td>557</td><td>557</td><td>565</td><td>-</td><td>+8</td></tr><tr><td>Social Security and R. R. Retirement Acte 2/</td><td>-</td><td>59</td><td>155</td><td>186</td><td>204</td><td>231</td><td>+27</td><td>454</td><td>513</td><td>547</td><td>+59</td><td>+34</td></tr><tr><td>Agricultural Adjustment Program 3/</td><td>232</td><td>93</td><td>57</td><td>174</td><td>256</td><td>302</td><td>+46</td><td>782</td><td>1,017</td><td>950</td><td>+215</td><td>-67</td></tr><tr><td>Interest on the public debt</td><td>241</td><td>255</td><td>259</td><td>243</td><td>253</td><td>261</td><td>+8</td><td>941</td><td>1,041</td><td>1,100</td><td>+100</td><td>+59</td></tr><tr><td>Public Works 4/</td><td>228</td><td>189</td><td>117</td><td>291</td><td>335</td><td>300</td><td>-35</td><td>948</td><td>869</td><td>700</td><td>-79</td><td>-169</td></tr><tr><td>Unemployment relief</td><td>616</td><td>832</td><td>606</td><td>894</td><td>642</td><td>576</td><td>-66</td><td>2,595</td><td>1,919</td><td>1,695</td><td>-676</td><td>-224</td></tr><tr><td>Loans and stock subscriptions</td><td>2</td><td>22</td><td>44</td><td>43</td><td>72</td><td>-94</td><td>-166</td><td>212</td><td>241</td><td>140</td><td>+29</td><td>-101</td></tr><tr><td>Other</td><td>311</td><td>374</td><td>387</td><td>425</td><td>607</td><td>508</td><td>-99</td><td>1,055</td><td>1,282</td><td>1,361</td><td>+227</td><td>+79</td></tr><tr><td>Total expenditures</td><td>2,188</td><td>2,583</td><td>2,349</td><td>2,623</td><td>3,000</td><td>3,152</td><td>+122</td><td>8,707</td><td>8,998</td><td>12,058</td><td>+291</td><td>+1,060</td></tr><tr><td>Net deficit</td><td>954</td><td>1,175</td><td>531</td><td>1,123</td><td>1,409</td><td>1,330</td><td>-79</td><td>3,542</td><td>3,611</td><td>5,691</td><td>+69</td><td>+2,080</td></tr></table>
Source: Daily Treasury Statements, except as noted.
1/ Revised estimates of the Bureau of the Budget and the Treasury Department for 1941, submitted by the Secretary of the Treasury to the House Ways and Means Committee, August 9, 1940.
2/ In the fiscal year 1941 amounts representing appropriations equal to "Social security - Unemployment taxes" collected and deposited as provided under sec. 201 (a) of the Social Security Act amendments of 1939, less reimbursements to the general fund for administrative expenses, are deducted from total receipts. Such net amounts are reflected under Trust Account receipts as net appropriations to the Federal Old-Age and Survivors Insurance Trust Fund. In the above statement similar treatment has been accorded net transfers to the Federal Old-Age and Survivors Insurance Trust Fund (formerly Old-Age Reserve Account) made during the fiscal years 1936 to 1940, in order to facilitate comparison with the fiscal year 1941.
3/ Excludes subscriptions to capital stock of Federal Crop Insurance Corporation.
4/ Excludes loans shown under "Loans and stock subscriptions".
Means of Financing the Deficit
(In millions of dollars)
<table><tr><th></th><th colspan="6">First 4 months, fiscal years 1936 to 1941</th><th colspan="3">Complete fiscal years, 1939 to 1941</th></tr><tr><th></th><th>1936</th><th>1937</th><th>1938</th><th>1939</th><th>1940</th><th>1941</th><th>Actual</th><th>1940</th><th>Estimated 1/1</th></tr><tr><td>Set deficit</td><td>954</td><td>1,175</td><td>531</td><td>1,123</td><td>1,409</td><td>1,330</td><td>3,542</td><td>3,611</td><td>5,691</td></tr><tr><td>Means of financing:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Return of surplus funds from Government corporations 2/</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>700</td></tr><tr><td>Increase in public debt:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Market issues, etc.</td><td>689</td><td>57</td><td>99</td><td>985</td><td>257</td><td>844</td><td>2,180</td><td>1,523</td><td>3,888</td></tr><tr><td>Special issues</td><td>72</td><td>-3</td><td>433</td><td>273</td><td>339</td><td>326</td><td>1,094</td><td>1,005</td><td>1,103</td></tr><tr><td>Total increase in public debt</td><td>761</td><td>54</td><td>532</td><td>1,258</td><td>596</td><td>1,170</td><td>3,274</td><td>2,528</td><td>4,991</td></tr><tr><td>Net decrease in working balance, general and special accounts</td><td>193</td><td>1,121</td><td>-1</td><td>-135</td><td>813</td><td>160</td><td>268</td><td>1,083</td><td>-</td></tr><tr><td>Total means of financing</td><td>954</td><td>1,175</td><td>531</td><td>1,123</td><td>1,409</td><td>1,330</td><td>3,542</td><td>3,611</td><td>5,691</td></tr></table>
Sources: Daily Treasury Statements, except as noted.
1/ Revised estimates of the Bureau of the Budget and the Treasury Department for 1941, submitted by the Secretary of the Treasury to the House Ways and Means Committee, August 9, 1940.
2/ This item is applicable only to the estimates for fiscal year 1941. For all actual periods, such repayments are reflected either as "Other" receipts or as credits against "Loans and stock subscriptions". For the first 4 months of the fiscal year 1941, these repayments amounted to $119 millions reflected as reductions of "Loans and stock subscriptions" and $7 millions reflected in "Other" receipts.
BUDGET RECEIPTS, EXPENDITURES AND EXCESS OF EXPENDITURES
January 1935 to Date
3
4
Total Budget Receipts and Expenditures, by Months
(In millions of dollars)
<table><tr><th>Calendar year</th><th>Jan.</th><th>Feb.</th><th>Mar.</th><th>Apr.</th><th>May</th><th>June</th><th>July</th><th>Aug.</th><th>Sept.</th><th>Oct.</th><th>Nov.</th><th>Deco.</th><th>Total</th></tr><tr><td>Receipts 1/</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1935</td><td>203</td><td>211</td><td>601</td><td>228</td><td>246</td><td>463</td><td>279</td><td>299</td><td>421</td><td>235</td><td>234</td><td>434</td><td>3,857</td></tr><tr><td>1936</td><td>228</td><td>218</td><td>752</td><td>231</td><td>256</td><td>529</td><td>294</td><td>343</td><td>499</td><td>272</td><td>233</td><td>517</td><td>4,372</td></tr><tr><td>1937</td><td>239</td><td>230</td><td>966</td><td>318</td><td>290</td><td>828</td><td>367</td><td>412</td><td>747</td><td>292</td><td>286</td><td>823</td><td>5,798</td></tr><tr><td>1938</td><td>294</td><td>308</td><td>911</td><td>262</td><td>373</td><td>774</td><td>273</td><td>449</td><td>678</td><td>300</td><td>350</td><td>672</td><td>5,650</td></tr><tr><td>1939</td><td>271</td><td>367</td><td>687</td><td>233</td><td>347</td><td>557</td><td>265</td><td>372</td><td>676</td><td>278</td><td>364</td><td>521</td><td>4,918</td></tr><tr><td>1940</td><td>315</td><td>444</td><td>799</td><td>304</td><td>400</td><td>649 2/</td><td>331</td><td>447</td><td>710</td><td>333</td><td></td><td></td><td></td></tr><tr><td>Expenditures 1/ 3/</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1935</td><td>488</td><td>531</td><td>574</td><td>785</td><td>596</td><td>858</td><td>616</td><td>438</td><td>588</td><td>805</td><td>535</td><td>637</td><td>7,451</td></tr><tr><td>1936</td><td>538</td><td>489</td><td>644</td><td>648</td><td>693</td><td>2,438</td><td>661</td><td>592</td><td>683</td><td>681</td><td>569</td><td>728</td><td>9,364</td></tr><tr><td>1937</td><td>543</td><td>568</td><td>770</td><td>712</td><td>519</td><td>1,255</td><td>635</td><td>517</td><td>661</td><td>571</td><td>458</td><td>637</td><td>7,846</td></tr><tr><td>1938</td><td>493</td><td>487</td><td>109</td><td>632</td><td>567</td><td>937</td><td>725</td><td>645</td><td>732</td><td>739</td><td>946</td><td>838</td><td>8,150</td></tr><tr><td>1939</td><td>656</td><td>612</td><td>829</td><td>731</td><td>695</td><td>917</td><td>764</td><td>774</td><td>750</td><td>721</td><td>948</td><td>841</td><td>8,933</td></tr><tr><td>1940</td><td>713</td><td>668</td><td>871</td><td>792</td><td>649</td><td>934</td><td>830</td><td>708</td><td>760</td><td>870</td><td></td><td></td><td></td></tr><tr><td>Gross deficit</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1935</td><td>285</td><td>317</td><td>-27</td><td>557</td><td>350</td><td>395</td><td>337</td><td>139</td><td>167</td><td>570</td><td>301</td><td>203</td><td>3,594</td></tr><tr><td>1936</td><td>310</td><td>271</td><td>-108</td><td>417</td><td>437</td><td>1,909</td><td>357</td><td>249</td><td>184</td><td>409</td><td>336</td><td>211</td><td>4,992</td></tr><tr><td>1937</td><td>304</td><td>338</td><td>-196</td><td>394</td><td>229</td><td>427</td><td>268</td><td>105</td><td>-86</td><td>279</td><td>172</td><td>-186</td><td>2,048</td></tr><tr><td>1938</td><td>199</td><td>179</td><td>-208</td><td>370</td><td>194</td><td>163</td><td>452</td><td>196</td><td>54</td><td>439</td><td>296</td><td>166</td><td>2,500</td></tr><tr><td>1939</td><td>385</td><td>245</td><td>142</td><td>518</td><td>148</td><td>360</td><td>499</td><td>402</td><td>74</td><td>443</td><td>284</td><td>320</td><td>4,020</td></tr><tr><td>1940</td><td>398</td><td>224</td><td>72</td><td>488</td><td>249</td><td>285 2/</td><td>499</td><td>261</td><td>50</td><td>537</td><td></td><td></td><td></td></tr></table>
Sources: Daily Treasury Statements.
1/ In the fiscal year 1941 amounts representing appropriations equal to "Social security - Unemployment taxes" collected and deposited as provided under sec. 201 (a) of the Social Security Act amendments of 1939, lose reimbursements to the general fund for administrative expenses, are deducted from total receipts. Such net amounts are reflected under Trust Account receipts as net appropriations to the Federal Old-Age and Survivors Insurance Trust Fund. In the above statement similar treatment has been accorded net transfers to the Federal Old-Age and Survivors Insurance Trust Fund (formerly Old-Age Reserve Account) made during the fiscal years 1936 to 1940, in order to facilitate comparison with the fiscal year 1941.
2/ Revised to reflect adjustment of $1,000,000 under the title "Transfers to Federal Old-Age and Survivors Insurance Trust Funds", and to bring classification into agreement with accounts.
3/ Includes public debt retirement.
Budget Receipts and Expenditures, by Major Classifications
(In millions of dollars)
<table><tr><th>Piecals year or month</th><th colspan="4">Receipts £/</th><th colspan="5">Expenditures</th><th>Gross deficit</th></tr><tr><th></th><th>Total</th><th colspan="3">Internal revenue</th><th>Customs</th><th>Other</th><th>Total</th><th>General (including recovery and relief)</th><th>Revolving funds (net)</th><th>Transfers to trust accounts, etc. £/</th><th>Debt retirement</th></tr><tr><th></th><th></th><th>Total</th><th>Income tax</th><th>Other</th><th></th><th></th><th></th><th></th><th></th><th></th><th></th></tr><tr><td>1933</td><td>2,080</td><td>1,604</td><td>746</td><td>858</td><td>251</td><td>225</td><td>4,325</td><td>3,668</td><td>74</td><td>121</td><td>461</td><td>2,245</td></tr><tr><td>1934</td><td>3,116</td><td>2,641</td><td>818</td><td>1,823</td><td>313</td><td>162</td><td>6,371</td><td>5,444</td><td>496</td><td>71</td><td>360</td><td>3,255</td></tr><tr><td>1935</td><td>3,800</td><td>3,278</td><td>1,099</td><td>2,179</td><td>343</td><td>179</td><td>7,583</td><td>6,594</td><td>345</td><td>71</td><td>574</td><td>3,783</td></tr><tr><td>1936</td><td>4,116</td><td>3,513</td><td>1,427</td><td>2,086</td><td>387</td><td>216</td><td>9,069</td><td>6,840</td><td>11</td><td>1,814</td><td>403</td><td>4,953</td></tr><tr><td>1937</td><td>5,029</td><td>4,333</td><td>2,163</td><td>2,170</td><td>486</td><td>210</td><td>8,281</td><td>7,370</td><td>204</td><td>603</td><td>104</td><td>3,252</td></tr><tr><td>1938</td><td>5,855</td><td>5,288</td><td>2,640</td><td>2,648</td><td>359</td><td>208</td><td>7,304</td><td>6,898</td><td>121</td><td>220</td><td>65</td><td>1,449</td></tr><tr><td>1939</td><td>5,185</td><td>4,658</td><td>2,189</td><td>2,469</td><td>319</td><td>188</td><td>8,765</td><td>8,432</td><td>92</td><td>182</td><td>58</td><td>3,600</td></tr><tr><td>1940</td><td>5,387</td><td>4,765</td><td>2,125</td><td>2,640</td><td>349</td><td>273</td><td>9,127</td><td>8,736</td><td>54</td><td>208</td><td>129</td><td>3,740</td></tr><tr><td>1939-October</td><td>278</td><td>229</td><td>37</td><td>192</td><td>32</td><td>17</td><td>721</td><td>702</td><td>9</td><td>10</td><td>1</td><td>443</td></tr><tr><td>November</td><td>364</td><td>312</td><td>34</td><td>278</td><td>29</td><td>23</td><td>648</td><td>633</td><td>5</td><td>10</td><td>-</td><td>284</td></tr><tr><td>December</td><td>521</td><td>470</td><td>318</td><td>152</td><td>28</td><td>23</td><td>841</td><td>823</td><td>-1</td><td>10</td><td>9</td><td>320</td></tr><tr><td>1940-January</td><td>315</td><td>258</td><td>45</td><td>213</td><td>36</td><td>21</td><td>713</td><td>713</td><td>4</td><td>-5</td><td>1</td><td>338</td></tr><tr><td>February</td><td>444</td><td>395</td><td>63</td><td>332</td><td>26</td><td>23</td><td>668</td><td>654</td><td>4</td><td>10</td><td>-</td><td>224</td></tr><tr><td>March</td><td>799</td><td>751</td><td>665</td><td>86</td><td>29</td><td>19</td><td>871</td><td>816</td><td>6</td><td>-</td><td>50</td><td>72</td></tr><tr><td>April</td><td>304</td><td>261</td><td>48</td><td>214</td><td>27</td><td>16</td><td>792</td><td>757</td><td>6</td><td>20</td><td>9</td><td>488</td></tr><tr><td>May</td><td>400</td><td>357</td><td>40</td><td>316</td><td>26</td><td>17</td><td>649</td><td>642</td><td>1</td><td>4</td><td>2</td><td>249</td></tr><tr><td>June</td><td>649</td><td>560</td><td>464</td><td>96</td><td>28</td><td>61</td><td>934</td><td>883</td><td>3</td><td>-</td><td>47</td><td>285</td></tr><tr><td>July</td><td>331</td><td>290</td><td>50</td><td>240</td><td>25</td><td>16</td><td>830</td><td>700</td><td>5</td><td>114</td><td>12</td><td>499</td></tr><tr><td>August</td><td>647</td><td>403</td><td>38</td><td>365</td><td>24</td><td>20</td><td>708</td><td>693</td><td>-13</td><td>25</td><td>3</td><td>261</td></tr><tr><td>September</td><td>710</td><td>672</td><td>432</td><td>240</td><td>23</td><td>16</td><td>760</td><td>757</td><td>-9</td><td>10</td><td>2</td><td>50</td></tr><tr><td>October</td><td>333</td><td>287</td><td>44</td><td>243</td><td>29</td><td>17</td><td>870</td><td>874</td><td>-5</td><td>-</td><td>1</td><td>537</td></tr></table>
Source: Daily Treasury Statements.
1/ Net appropriations or transfers to the Old-Age Reserve Account or to the Federal Old-Age and Survivors Insurance Trust Fund prior to July 1, 1940 are excluded from both receipts and expenditures. See footnote to preceding table.
2/ Revised to reflect adjustment of $1,000,000 under the title "Transfers to Federal Old-Age and Survivors Insurance Trust Funds", and to bring classification into agreement with accounts.
5
Budget Expenditures Classified as General, by Major Functions
(In millions of dollars)
<table><tr><th>Fiscal year or month</th><th>Total</th><th>Departmental</th><th>National defense</th><th>Veterans' Administration</th><th>FERA and CWA</th><th>WPA 2/</th><th>Public Works 3/</th><th>Agricultural Adjustment program</th><th>Civilian Conservation Corps</th><th>Social Security and Railroad Retirement Acts</th><th>Interest on the public debt</th><th>Other</th></tr><tr><td>1933</td><td>3,668</td><td>599</td><td>668</td><td>763</td><td>38</td><td>-</td><td>311</td><td>-</td><td>-</td><td>-</td><td>689</td><td>600</td></tr><tr><td>1934</td><td>5,444</td><td>387</td><td>540</td><td>507</td><td>1,512</td><td>-</td><td>543</td><td>289</td><td>332</td><td>-</td><td>757</td><td>577</td></tr><tr><td>1935</td><td>6,594</td><td>516</td><td>710</td><td>557</td><td>1,832</td><td>-</td><td>662</td><td>712</td><td>436</td><td>-</td><td>821</td><td>348</td></tr><tr><td>1936</td><td>6,840</td><td>586</td><td>911</td><td>578</td><td>496</td><td>1,264</td><td>647</td><td>533</td><td>486</td><td>89</td><td>749</td><td>561</td></tr><tr><td>1937</td><td>7,370</td><td>718</td><td>935</td><td>580</td><td>13</td><td>1,896</td><td>767</td><td>527</td><td>385</td><td>164</td><td>866</td><td>499</td></tr><tr><td>1938</td><td>6,898</td><td>632</td><td>1,028</td><td>582</td><td>5</td><td>1,472</td><td>664</td><td>362</td><td>326</td><td>335</td><td>926</td><td>566</td></tr><tr><td>1939</td><td>8,432</td><td>721</td><td>1,163</td><td>557</td><td>1</td><td>2,240</td><td>928</td><td>787</td><td>290</td><td>347</td><td>941</td><td>457</td></tr><tr><td>1940</td><td>8,736</td><td>807</td><td>1,559</td><td>557</td><td>-</td><td>1,478</td><td>1,021</td><td>1,020</td><td>283</td><td>392</td><td>1,041</td><td>578</td></tr><tr><td>1939-Oct.</td><td>702</td><td>74</td><td>115</td><td>46</td><td>-</td><td>113</td><td>100</td><td>97</td><td>24</td><td>45</td><td>68</td><td>20</td></tr><tr><td>Nov.</td><td>633</td><td>63</td><td>118</td><td>46</td><td>-</td><td>112</td><td>95</td><td>117</td><td>23</td><td>25</td><td>12</td><td>22</td></tr><tr><td>Dec.</td><td>823</td><td>64</td><td>125</td><td>46</td><td>-</td><td>124</td><td>97</td><td>102</td><td>23</td><td>21</td><td>190</td><td>31</td></tr><tr><td>1940-Jan.</td><td>713</td><td>70</td><td>132</td><td>47</td><td>-</td><td>119</td><td>84</td><td>119</td><td>23</td><td>42</td><td>38</td><td>39</td></tr><tr><td>Feb.</td><td>654</td><td>64</td><td>129</td><td>46</td><td>-</td><td>113</td><td>68</td><td>128</td><td>22</td><td>38</td><td>19</td><td>27</td></tr><tr><td>Mar.</td><td>816</td><td>65</td><td>143</td><td>47</td><td>-</td><td>134</td><td>74</td><td>105</td><td>24</td><td>28</td><td>146</td><td>50</td></tr><tr><td>Apr.</td><td>757</td><td>70</td><td>159</td><td>47</td><td>-</td><td>133</td><td>76</td><td>78</td><td>22</td><td>48</td><td>69</td><td>55</td></tr><tr><td>May.</td><td>642</td><td>68</td><td>154</td><td>47</td><td>-</td><td>128</td><td>74</td><td>62</td><td>22</td><td>30</td><td>10</td><td>47</td></tr><tr><td>June.</td><td>883</td><td>67</td><td>153</td><td>46</td><td>-</td><td>113</td><td>79</td><td>44</td><td>22</td><td>12</td><td>305</td><td>42</td></tr><tr><td>July.</td><td>700</td><td>84</td><td>177</td><td>46</td><td>-</td><td>110</td><td>72</td><td>54</td><td>24</td><td>65</td><td>20</td><td>48</td></tr><tr><td>Aug.</td><td>693</td><td>72</td><td>200</td><td>46</td><td>-</td><td>109</td><td>80</td><td>76</td><td>23</td><td>35</td><td>20</td><td>33</td></tr><tr><td>Sept.</td><td>758</td><td>66</td><td>219</td><td>45</td><td>-</td><td>104</td><td>70</td><td>75</td><td>25</td><td>17</td><td>148</td><td>-11</td></tr><tr><td>Oct.</td><td>874</td><td>75</td><td>287</td><td>48</td><td>-</td><td>111</td><td>87</td><td>103</td><td>22</td><td>57</td><td>73</td><td>11</td></tr></table>
Source:
Daily Treasury Statements.
1/ Excludes Revolving Funds and Transfers to Trust Accounts. Includes Recovery and Relief.
2/ Prior to fiscal year 1940, figures include National Youth Administration expenditures.
3/ Includes public buildings, public highways, rivers and harbors, Tennessee Valley Authority, Rural Electrification and Reclamation projects, and Public Works Administration.
Budget Expenditures Classified as Revolving Funds (Net), and Transfers to Trust Accounts, etc.
(in millions of dollars)
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="3">Revolving funds (net)</th><th colspan="5">Transfers to trust accounts, etc.</th></tr><tr><th>Total</th><th>Agricultural Aid</th><th>Public Works</th><th>Total</th><th>Railroad Retirement Account</th><th>Adjusted Service Certificate Fund</th><th>Advances to Railroad Unemployment Insurance Account</th><th>Government Employees' Retirement Funds (U. S. share)</th></tr><tr><td>1933</td><td>74</td><td>74</td><td>-</td><td>121</td><td>-</td><td>100</td><td>-</td><td>21</td></tr><tr><td>1934</td><td>496</td><td>346</td><td>150</td><td>71</td><td>-</td><td>50</td><td>-</td><td>21</td></tr><tr><td>1935</td><td>345</td><td>141</td><td>204</td><td>71</td><td>-</td><td>50</td><td>-</td><td>21</td></tr><tr><td>1936</td><td>11</td><td>-33</td><td>44</td><td>1,814</td><td>-</td><td>1,773</td><td>-</td><td>41</td></tr><tr><td>1937</td><td>204</td><td>-18</td><td>222</td><td>603</td><td>-</td><td>556</td><td>-</td><td>47</td></tr><tr><td>1938</td><td>121</td><td>-13</td><td>134</td><td>220</td><td>147</td><td>-</td><td>-</td><td>73</td></tr><tr><td>1939</td><td>92</td><td>-5</td><td>101</td><td>182</td><td>107</td><td>-</td><td>-</td><td>75</td></tr><tr><td>1940</td><td>54</td><td>-5</td><td>59</td><td>208</td><td>121</td><td>-</td><td>-</td><td>87</td></tr><tr><td>1939-Oct.</td><td>9</td><td>-1</td><td>10</td><td>10</td><td>10</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Nov.</td><td>5</td><td>-1</td><td>6</td><td>10</td><td>10</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Dec.</td><td>-1</td><td>-1</td><td>-</td><td>10</td><td>10</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1940-Jan.</td><td>4</td><td>-</td><td>4</td><td>-5</td><td>10</td><td>-</td><td>-15</td><td>-</td></tr><tr><td>Feb.</td><td>4</td><td>-</td><td>4</td><td>10</td><td>10</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Mar.</td><td>6</td><td>-</td><td>6</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Apr.</td><td>6</td><td>-</td><td>6</td><td>20</td><td>20</td><td>-</td><td>-</td><td>-</td></tr><tr><td>May.</td><td>1</td><td>-</td><td>1</td><td>4</td><td>4</td><td>-</td><td>-</td><td>-</td></tr><tr><td>June.</td><td>3</td><td>-</td><td>3</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>July.</td><td>5</td><td>-</td><td>5</td><td>114</td><td>20</td><td>-</td><td>-</td><td>94</td></tr><tr><td>Aug.</td><td>-13</td><td>-10</td><td>-3</td><td>25</td><td>26</td><td>-</td><td>-</td><td>-1</td></tr><tr><td>Sept.</td><td>-9</td><td>-11</td><td>2</td><td>10</td><td>10</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Oct.</td><td>-5</td><td>-11</td><td>6</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr></table>
Source:
Daily Treasury Statements.
Less than $500,000.
1/ Net appropriations or transfers to the Old-Age Reserve Account or to the Federal Old-Age and Survivors Insurance Trust Fund prior to July 1, 1940 are excluded from both receipts and expenditures. These deductions are made to give effect to the 1939 amendments to the Social Security Act, effective in this respect on July 1, 1940, and to facilitate comparison of operations under the amendments with those of prior years.
8
Collections of Internal Revenue
(In thousands of dollars)
<table><tr><th>Sources of revenue</th><th colspan="2">October</th><th colspan="2">July 1 - October 31</th><th>Sources of revenue</th><th colspan="2">October</th><th colspan="2">July 1 - October 31</th></tr><tr><th></th><th>1939</th><th>1940</th><th>Fiscal year 1940</th><th>Fiscal year 1941</th><th></th><th>1939</th><th>1940</th><th>Fiscal year 1940</th><th>Fiscal year 1941</th></tr><tr><td>Income taxes:</td><td></td><td></td><td></td><td></td><td>Manufacturers' excise taxes:</td><td></td><td></td><td></td><td></td></tr><tr><td>Corporation</td><td>18,415</td><td>22,265</td><td>211,399</td><td>301,377</td><td>Lubricating oil</td><td>2,291</td><td>2,671</td><td>10,809</td><td>12,739</td></tr><tr><td>Current</td><td>8,894</td><td>9,871</td><td>47,038</td><td>38,242</td><td>Gasoline</td><td>16,459</td><td>31,447</td><td>83,001</td><td>109,545</td></tr><tr><td>Back</td><td></td><td></td><td></td><td></td><td>Tires and inner tubes</td><td>2,870</td><td>3,382</td><td>13,675</td><td>16,031</td></tr><tr><td>Individual</td><td>1,592</td><td>4,040</td><td>155,023</td><td>182,474</td><td>Automobile trucks</td><td>315</td><td>533</td><td>2,282</td><td>2,542</td></tr><tr><td>Current</td><td>6,580</td><td>8,039</td><td>26,123</td><td>28,053</td><td>Other automobiles and motorcycles</td><td>619</td><td>2,862</td><td>11,369</td><td>12,207</td></tr><tr><td>Back</td><td>641</td><td>794</td><td>5,032</td><td>6,696</td><td>Parts or accessories for automobiles</td><td>543</td><td>1,056</td><td>3,147</td><td>3,747</td></tr><tr><td>Excise-profits</td><td></td><td></td><td></td><td></td><td>Electrical energy</td><td>3,274</td><td>3,856</td><td>13,525</td><td>14,159</td></tr><tr><td>Total income taxes</td><td>36,122</td><td>45,009</td><td>444,615</td><td>556,842</td><td>Radio sets, etc. (including tax on phonograph records repealed as of 7/1/38)</td><td>467</td><td>703</td><td>1,750</td><td>2,357</td></tr><tr><td>Tax on unjust enrichment</td><td>554</td><td>734</td><td>2,226</td><td>3,854</td><td>Mechanical refrigerators</td><td>381</td><td>321</td><td>3,563</td><td>3,269</td></tr><tr><td>Miscellaneous internal revenues:</td><td></td><td></td><td></td><td></td><td>Firearms, shells, and cartridges</td><td>475</td><td>611</td><td>1,681</td><td>2,324</td></tr><tr><td>Capital stock tax</td><td>1,984</td><td>3,954</td><td>130,486</td><td>164,640</td><td>Pistols and revolvers</td><td>3</td><td>3</td><td>18</td><td>18</td></tr><tr><td>Exste tax</td><td>28,872</td><td>20,060</td><td>138,486</td><td>86,430</td><td>Toilet preparations, etc. (including repealed 5% tax)</td><td>900</td><td>526</td><td>2,727</td><td>2,050</td></tr><tr><td>Gift tax</td><td>314</td><td>1,821</td><td>1,091</td><td>4,333</td><td>Matches (including repealed taxes)</td><td>*</td><td>57</td><td>*</td><td>60</td></tr><tr><td>Alcoholic beverage taxes:</td><td></td><td></td><td></td><td></td><td>Repealed taxes not listed above</td><td>38</td><td>12</td><td>112</td><td>50</td></tr><tr><td>Distilled spirits (imported, excise)</td><td>2,462</td><td>3,205</td><td>9,765</td><td>9,455</td><td>Total manufacturers' excise taxes</td><td>28,635</td><td>48,240</td><td>147,660</td><td>161,098</td></tr><tr><td>Distilled spirits (domestic, excise)</td><td>29,667</td><td>41,680</td><td>89,864</td><td>119,710</td><td>Miscellaneous taxes:</td><td></td><td></td><td></td><td></td></tr><tr><td>Distilled spirits rectification tax</td><td>1,328</td><td>1,613</td><td>3,710</td><td>4,289</td><td>Bituminous Coal Act of 1937</td><td>337</td><td>361</td><td>1,131</td><td>1,343</td></tr><tr><td>Vines, cordials, etc. (imported, excise)</td><td>61</td><td>58</td><td>188</td><td>144</td><td>Sugar Act of 1937</td><td>6,412</td><td>5,428</td><td>25,543</td><td>23,794</td></tr><tr><td>Vines, cordials, etc. (domestic, excise)</td><td>735</td><td>1,353</td><td>2,126</td><td>3,578</td><td>Telephone, telegraph, radio and cable facilities, leased wires, etc.</td><td>1,975</td><td>2,068</td><td>8,604</td><td>8,494</td></tr><tr><td>Brandy used for fortifying sweet wines</td><td>78</td><td>45</td><td>627</td><td>797</td><td>Transportation of oil by pipe line</td><td>731</td><td>904</td><td>3,735</td><td>3,943</td></tr><tr><td>Dealers in distilled spirits; rectifiers; manufacturers of stills (special taxes)</td><td>133</td><td>152</td><td>4,048</td><td>5,350</td><td>Lease of safe-deposit boxes</td><td>139</td><td>156</td><td>648</td><td>698</td></tr><tr><td>Stamps for distilled spirits intended for export</td><td>*</td><td>*</td><td>*</td><td>*</td><td>Admission to theaters, concerts, cabarets, etc.</td><td>1,728</td><td>6,628</td><td>6,628</td><td>18,537</td></tr><tr><td>Case stamps for distilled spirits bottled in bond</td><td>107</td><td>133</td><td>295</td><td>323</td><td>Club dues and initiation fees</td><td>386</td><td>427</td><td>1,927</td><td>2,060</td></tr><tr><td>Container stamps</td><td>1,090</td><td>1,088</td><td>3,410</td><td>3,044</td><td>Adulterated and processed or renovated butter, mixed flour and filled cheese</td><td>4</td><td>3</td><td>10</td><td>13</td></tr><tr><td>Floor taxes</td><td>1</td><td>816</td><td>8</td><td>15,281</td><td>Olsemargarine, including special taxes</td><td>90</td><td>105</td><td>1,098</td><td>1,121</td></tr><tr><td>Formed malt liquors</td><td>20,626</td><td>25,457</td><td>101,378</td><td>116,407</td><td>Maricottie, including marihuana and special taxes</td><td>18</td><td>20</td><td>192</td><td>223</td></tr><tr><td>Brothers; dealers in malt liquors (special taxes)</td><td>75</td><td>82</td><td>2,232</td><td>2,792</td><td>Coconut and other vegetable oils processed</td><td>1,324</td><td>1,815</td><td>7,614</td><td>6,837</td></tr><tr><td>Total alcoholic beverage taxes</td><td>56,363</td><td>75,712</td><td>217,651</td><td>281,170</td><td>National Firearms Act</td><td>*</td><td>*</td><td>3</td><td>3</td></tr><tr><td>Tobacco taxes:</td><td></td><td></td><td></td><td></td><td>All other, including repealed taxes not listed above</td><td>5</td><td>4</td><td>107</td><td>14</td></tr><tr><td>Cigars (large)</td><td>1,395</td><td>1,472</td><td>4,820</td><td>4,905</td><td>Total miscellaneous taxes</td><td>13,149</td><td>17,979</td><td>57,240</td><td>67,020</td></tr><tr><td>Cigars (small)</td><td>11</td><td>12</td><td>38</td><td>38</td><td>Total miscellaneous internal revenues</td><td>186,987</td><td>232,260</td><td>916,078</td><td>1,032,123</td></tr><tr><td>Cigarettes (large)</td><td>2</td><td>1</td><td>7</td><td>3</td><td>Payroll taxes:</td><td></td><td></td><td></td><td></td></tr><tr><td>Cigarettes (small)</td><td>46,153</td><td>53,457</td><td>183,017</td><td>205,045</td><td>Social Security taxes:</td><td></td><td></td><td></td><td></td></tr><tr><td>Snuff</td><td>587</td><td>642</td><td>2,202</td><td>2,237</td><td>Taxes with respect to employment</td><td>61,882</td><td>71,781</td><td>203,953</td><td>233,112</td></tr><tr><td>Tobacco (chewing and smoking)</td><td>4,856</td><td>5,608</td><td>19,428</td><td>19,659</td><td>Tax on employers of 8 or more</td><td>5,148</td><td>4,840</td><td>16,789</td><td>16,602</td></tr><tr><td>Cigarette papers and tubes</td><td>83</td><td>175</td><td>311</td><td>565</td><td>Total Social Security taxes</td><td>67,030</td><td>76,621</td><td>220,742</td><td>249,914</td></tr><tr><td>Leaf dealer penalties, etc.</td><td>*</td><td>18</td><td>*</td><td>4,509</td><td>Carriers' Taxing Act of 1937</td><td>1,548</td><td>652</td><td>30,345</td><td>33,385</td></tr><tr><td>Cigarette floor taxes</td><td>-</td><td>18</td><td>-</td><td>4,509</td><td>Total payroll taxes</td><td>68,578</td><td>77,273</td><td>251,087</td><td>283,299</td></tr><tr><td>Total tobacco taxes</td><td>53,087</td><td>61,395</td><td>209,824</td><td>236,961</td><td>Total internal revenues</td><td>292,241</td><td>355,276</td><td>1,614,006</td><td>1,876,118</td></tr><tr><td>Stamp taxes:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Bonds, issues of capital stock, deeds of conveyance, etc.</td><td>1,310</td><td>1,754</td><td>6,255</td><td>6,498</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Transfers of capital stock and similar interest sales</td><td>2,806</td><td>462</td><td>5,954</td><td>2,904</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Playing cards</td><td>462</td><td>404</td><td>1,383</td><td>995</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Silver bullion sales or transfers</td><td>5</td><td>3</td><td>48</td><td>14</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Sales of produce for future delivery (repealed as of 7/1/38)</td><td>*</td><td>*</td><td>*</td><td>*</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total stamp taxes</td><td>4,583</td><td>3,109</td><td>13,640</td><td>10,471</td><td></td><td></td><td></td><td></td><td></td></tr></table>
Sources: Reports of collections. Less than $500.
7
Collections of Internal Revenue
(in thousands of dollars)
<table><tr><th rowspan="2">Fiscal year or month</th><th rowspan="2">Total</th><th colspan="3">Income and profit taxes</th><th colspan="3">Payroll taxes</th></tr><tr><th>Total</th><th>Individual</th><th>Corporation 1/</th><th>Total</th><th>Social Security Act 2/ Insurance Contributions Act</th><th>Unemployment Tax Act</th><th>Carriers' Taxing Act of 1937</th></tr><tr><td>1929</td><td>2,939,054</td><td>2,331,274</td><td>1,095,541</td><td>1,235,733</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1930</td><td>3,040,146</td><td>2,410,259</td><td>1,146,845</td><td>1,263,414</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1931</td><td>2,428,229</td><td>1,860,040</td><td>833,648</td><td>1,026,393</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1932</td><td>1,557,129</td><td>1,056,757</td><td>427,191</td><td>629,566</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1933</td><td>1,619,839</td><td>746,791</td><td>352,574</td><td>394,218</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1934</td><td>2,672,233</td><td>819,656</td><td>419,509</td><td>400,147</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1935</td><td>3,299,436</td><td>1,105,791</td><td>527,113</td><td>578,678</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1936</td><td>3,520,208</td><td>1,427,448</td><td>674,416</td><td>753,032</td><td>48</td><td>-</td><td>-</td><td>48</td></tr><tr><td>1937</td><td>4,653,195</td><td>2,173,769</td><td>1,091,741</td><td>1,082,028</td><td>265,745</td><td>207,339</td><td>58,119</td><td>287</td></tr><tr><td>1938</td><td>5,658,765</td><td>2,622,813</td><td>1,286,312</td><td>1,336,501</td><td>742,660</td><td>502,917</td><td>90,267</td><td>149,476</td></tr><tr><td>1939</td><td>5,181,574</td><td>2,178,431</td><td>1,028,834</td><td>1,149,537</td><td>740,429</td><td>529,835</td><td>101,167</td><td>109,427</td></tr><tr><td>1940</td><td>5,340,452</td><td>2,121,073</td><td>982,017</td><td>1,139,056</td><td>833,521</td><td>605,350</td><td>106,123</td><td>122,048</td></tr><tr><td>1939-Oct.</td><td>292,241</td><td>36,122</td><td>8,172</td><td>27,950</td><td>68,578</td><td>61,882</td><td>5,148</td><td>1,548</td></tr><tr><td>Nov.</td><td>339,615</td><td>34,298</td><td>13,724</td><td>20,574</td><td>113,177</td><td>87,280</td><td>5,730</td><td>20,167</td></tr><tr><td>Dec.</td><td>498,993</td><td>318,845</td><td>137,344</td><td>181,501</td><td>11,110</td><td>2,723</td><td>493</td><td>7,894</td></tr><tr><td>1940-Jan.</td><td>306,304</td><td>45,689</td><td>20,561</td><td>25,128</td><td>89,644</td><td>60,157</td><td>28,424</td><td>1,063</td></tr><tr><td>Feb.</td><td>385,011</td><td>70,946</td><td>43,443</td><td>27,503</td><td>147,282</td><td>87,861</td><td>41,061</td><td>18,360</td></tr><tr><td>Mar.</td><td>861,168</td><td>654,624</td><td>356,076</td><td>298,548</td><td>15,076</td><td>2,099</td><td>1,191</td><td>11,786</td></tr><tr><td>Apr.</td><td>294,652</td><td>45,498</td><td>15,444</td><td>30,054</td><td>77,310</td><td>71,813</td><td>4,953</td><td>544</td></tr><tr><td>May.</td><td>343,603</td><td>41,155</td><td>13,070</td><td>28,085</td><td>112,731</td><td>86,792</td><td>6,802</td><td>19,137</td></tr><tr><td>June.</td><td>697,099</td><td>465,404</td><td>201,210</td><td>264,194</td><td>16,103</td><td>2,673</td><td>681</td><td>12,749</td></tr><tr><td>July.</td><td>383,836</td><td>45,742</td><td>12,833</td><td>32,909</td><td>73,292</td><td>68,226</td><td>4,548</td><td>518</td></tr><tr><td>Aug.</td><td>482,384</td><td>36,275</td><td>10,298</td><td>25,977</td><td>120,706</td><td>90,746</td><td>6,628</td><td>23,132</td></tr><tr><td>Sept.</td><td>654,623</td><td>429,816</td><td>175,317</td><td>254,499</td><td>12,027</td><td>2,558</td><td>587</td><td>8,882</td></tr><tr><td>Oct.</td><td>355,276</td><td>45,009</td><td>12,079</td><td>32,930</td><td>77,273</td><td>71,781</td><td>4,840</td><td>652</td></tr></table>
<table><tr><th>Fiscal year or month</th><th colspan="8">Miscellaneous internal revenue</th><th>Tax on unjust enrichment</th><th>Agricultural adjustment</th></tr><tr><th></th><th>Total</th><th>Capital stock tax</th><th> Estate and gift taxes</th><th>Alcoholic beverage taxes</th><th>Tobacco tax</th><th>Stamp tax</th><th>Manufacture's excise taxes</th><th>Miscellaneous taxes 3/</th><th></th><th></th></tr><tr><td>1929</td><td>607,780</td><td>-</td><td>61,897</td><td>12,777</td><td>434,445</td><td>64,173</td><td>166</td><td>34,322</td><td>-</td><td>-</td></tr><tr><td>1930</td><td>629,887</td><td>-</td><td>64,770</td><td>11,695</td><td>450,339</td><td>77,729</td><td>344</td><td>25,010</td><td>-</td><td>-</td></tr><tr><td>1931</td><td>568,189</td><td>-</td><td>48,078</td><td>10,432</td><td>444,277</td><td>46,954</td><td>138</td><td>18,310</td><td>-</td><td>-</td></tr><tr><td>1932</td><td>500,972</td><td>-</td><td>47,422</td><td>8,704</td><td>398,579</td><td>32,241</td><td>-</td><td>14,026</td><td>-</td><td>-</td></tr><tr><td>1933</td><td>873,048</td><td>-</td><td>34,310</td><td>43,174</td><td>402,739</td><td>57,578</td><td>247,751</td><td>87,496</td><td>-</td><td>-</td></tr><tr><td>1934</td><td>1,481,160</td><td>80,168</td><td>113,138</td><td>258,911</td><td>425,169</td><td>66,580</td><td>390,638</td><td>147,156</td><td>-</td><td>371,423</td></tr><tr><td>1935</td><td>1,667,423</td><td>91,508</td><td>212,112</td><td>411,022</td><td>459,179</td><td>43,133</td><td>342,275</td><td>108,194</td><td>-</td><td>526,222</td></tr><tr><td>1936</td><td>2,021,075</td><td>94,943</td><td>378,840</td><td>505,464</td><td>501,166</td><td>68,990</td><td>379,540</td><td>92,132</td><td>-</td><td>71,637</td></tr><tr><td>1937</td><td>2,207,608</td><td>137,499</td><td>305,548</td><td>554,245</td><td>552,254</td><td>69,919</td><td>449,854</td><td>98,289</td><td>6,073</td><td>-</td></tr><tr><td>1938</td><td>2,287,075</td><td>139,349</td><td>416,874</td><td>567,979</td><td>568,182</td><td>46,233</td><td>416,754</td><td>131,704</td><td>6,217</td><td>-</td></tr><tr><td>1939</td><td>2,256,031</td><td>127,203</td><td>360,715</td><td>587,800</td><td>580,159</td><td>41,083</td><td>396,891</td><td>162,180</td><td>6,683</td><td>-</td></tr><tr><td>1940</td><td>2,377,322</td><td>132,739</td><td>360,071</td><td>624,253</td><td>608,518</td><td>38,681</td><td>447,088</td><td>165,972</td><td>8,536</td><td>-</td></tr><tr><td>1939-Oct.</td><td>186,987</td><td>1,984</td><td>29,185</td><td>56,363</td><td>53,087</td><td>4,584</td><td>28,635</td><td>13,149</td><td>554</td><td>-</td></tr><tr><td>Nov.</td><td>191,510</td><td>367</td><td>25,525</td><td>61,020</td><td>49,976</td><td>3,127</td><td>34,196</td><td>17,299</td><td>630</td><td>-</td></tr><tr><td>Dec.</td><td>168,030</td><td>241</td><td>21,320</td><td>51,197</td><td>43,702</td><td>2,921</td><td>36,018</td><td>12,631</td><td>1,008</td><td>-</td></tr><tr><td>1940-Jan.</td><td>170,113</td><td>229</td><td>26,566</td><td>37,363</td><td>49,519</td><td>3,020</td><td>41,128</td><td>12,288</td><td>858</td><td>-</td></tr><tr><td>Feb.</td><td>166,276</td><td>177</td><td>28,423</td><td>41,454</td><td>45,347</td><td>2,774</td><td>34,919</td><td>13,182</td><td>507</td><td>-</td></tr><tr><td>Mar.</td><td>190,479</td><td>193</td><td>44,142</td><td>47,116</td><td>45,092</td><td>2,684</td><td>38,490</td><td>12,762</td><td>989</td><td>-</td></tr><tr><td>Apr.</td><td>171,124</td><td>312</td><td>29,326</td><td>46,798</td><td>50,742</td><td>2,840</td><td>29,606</td><td>11,500</td><td>720</td><td>-</td></tr><tr><td>May.</td><td>188,871</td><td>254</td><td>24,682</td><td>50,201</td><td>55,499</td><td>3,289</td><td>41,203</td><td>13,743</td><td>846</td><td>-</td></tr><tr><td>June.</td><td>214,339</td><td>478</td><td>20,510</td><td>71,454</td><td>58,817</td><td>4,387</td><td>43,867</td><td>15,326</td><td>753</td><td>-</td></tr><tr><td>July.</td><td>263,982</td><td>55,614</td><td>23,579</td><td>74,959</td><td>59,325</td><td>2,746</td><td>34,668</td><td>13,091</td><td>820</td><td>-</td></tr><tr><td>Aug.</td><td>324,390</td><td>90,397</td><td>27,168</td><td>67,976</td><td>61,337</td><td>2,336</td><td>56,478</td><td>18,698</td><td>1,013</td><td>-</td></tr><tr><td>Sept.</td><td>211,493</td><td>14,675</td><td>18,134</td><td>62,524</td><td>54,915</td><td>2,281</td><td>41,712</td><td>17,252</td><td>1,287</td><td>-</td></tr><tr><td>Oct.</td><td>232,260</td><td>3,954</td><td>21,881</td><td>75,712</td><td>61,385</td><td>3,109</td><td>48,240</td><td>17,979</td><td>734</td><td>-</td></tr></table>
Source: Reports of collections.
1/ Include excess-profit tax.
2/ For the period prior to September 1939 the data in the columns entitled "Insurance Contributions Act" and "Unemployment Tax Act" represent collections under Titles VIII and IX, respectively, of the Social Security Act.
3/ Includes tax collections under the Sugar Act of 1937 and under the dividends tax imposed by the Act of June 16, 1933.
COLLECTIONS OF INTERNAL REVENUE
MONTH July 1939
Fiscal Years 1929 to Date
FISCAL YEARS By Principal Sources
8
9
Customs Duties and Taxes Collected, and Values of Dutiable and Taxable Imports, Estimated by Tariff Schedules
(in thousands of dollars)
<table><tr><th rowspan="2"></th><th colspan="13">Duties and taxes</th></tr><tr><th colspan="2">Fiscal year</th><th colspan="4">1939</th><th colspan="8">1940</th></tr><tr><th></th><th>1939</th><th>1940</th><th>Sept.</th><th>Oct.</th><th>Nov.</th><th>Dec.</th><th>Jan.</th><th>Feb.</th><th>Mar.</th><th>Apr.</th><th>May</th><th>June</th><th>July</th><th>Aug.</th><th>Sept.</th></tr><tr><td>Chemicals, oils and pelats</td><td>21,199</td><td>16,527</td><td>1,374</td><td>1,715</td><td>1,942</td><td>1,573</td><td>1,289</td><td>1,229</td><td>1,135</td><td>1,203</td><td>1,303</td><td>1,435</td><td>1,106</td><td>731</td><td>646</td></tr><tr><td>Earths, earthenware and glassware</td><td>11,144</td><td>9,921</td><td>871</td><td>909</td><td>1,078</td><td>836</td><td>799</td><td>647</td><td>793</td><td>683</td><td>758</td><td>734</td><td>772</td><td>781</td><td>667</td></tr><tr><td>Metals and manufactures</td><td>23,251</td><td>27,302</td><td>2,635</td><td>2,943</td><td>2,533</td><td>2,629</td><td>2,047</td><td>1,768</td><td>2,111</td><td>2,224</td><td>2,368</td><td>2,300</td><td>2,406</td><td>3,462</td><td>2,637</td></tr><tr><td>Wood and manufactures</td><td>2,216</td><td>1,842</td><td>140</td><td>186</td><td>177</td><td>160</td><td>147</td><td>125</td><td>116</td><td>131</td><td>187</td><td>151</td><td>138</td><td>131</td><td>139</td></tr><tr><td>Sugar, molasses and manufactures 1/</td><td>37,690</td><td>57,723</td><td>8,346</td><td>4,978</td><td>2,024</td><td>7,071</td><td>3,079</td><td>3,986</td><td>4,558</td><td>4,809</td><td>4,104</td><td>4,618</td><td>4,395</td><td>3,472</td><td>3,004</td></tr><tr><td>Tobacco and manufactures</td><td>25,709</td><td>22,634</td><td>1,957</td><td>2,061</td><td>2,107</td><td>1,413</td><td>1,919</td><td>1,622</td><td>1,589</td><td>1,807</td><td>2,026</td><td>1,880</td><td>1,924</td><td>2,146</td><td>1,869</td></tr><tr><td>Agricultural products and provisions</td><td>56,009</td><td>53,063</td><td>4,305</td><td>5,545</td><td>5,151</td><td>3,585</td><td>4,886</td><td>4,613</td><td>4,760</td><td>4,655</td><td>4,737</td><td>3,208</td><td>2,923</td><td>2,613</td><td>2,422</td></tr><tr><td>Spirits, wines and other beverages</td><td>33,250</td><td>37,122</td><td>5,302</td><td>3,383</td><td>3,306</td><td>4,603</td><td>2,215</td><td>1,894</td><td>2,186</td><td>2,308</td><td>2,574</td><td>5,473</td><td>2,059</td><td>1,409</td><td>2,168</td></tr><tr><td>Cotton manufactures</td><td>9,574</td><td>9,103</td><td>804</td><td>913</td><td>834</td><td>860</td><td>899</td><td>668</td><td>718</td><td>628</td><td>614</td><td>573</td><td>408</td><td>469</td><td>480</td></tr><tr><td>Flax, hemp, jute and manufactures</td><td>11,546</td><td>10,431</td><td>824</td><td>761</td><td>1,088</td><td>906</td><td>1,216</td><td>899</td><td>1,034</td><td>840</td><td>864</td><td>721</td><td>1,091</td><td>524</td><td>858</td></tr><tr><td>Wool and manufactures</td><td>25,692</td><td>42,690</td><td>3,569</td><td>2,888</td><td>3,413</td><td>3,969</td><td>5,842</td><td>4,447</td><td>4,613</td><td>3,025</td><td>2,798</td><td>2,956</td><td>2,930</td><td>2,794</td><td>3,469</td></tr><tr><td>Silk manufactures</td><td>3,069</td><td>2,616</td><td>241</td><td>238</td><td>249</td><td>232</td><td>238</td><td>177</td><td>234</td><td>163</td><td>205</td><td>136</td><td>134</td><td>154</td><td>155</td></tr><tr><td>Manufactures of rayon and other synthetic textiles</td><td>2,794</td><td>2,461</td><td>190</td><td>238</td><td>316</td><td>370</td><td>293</td><td>165</td><td>109</td><td>144</td><td>84</td><td>60</td><td>50</td><td>46</td><td>31</td></tr><tr><td>Pulp, paper and books</td><td>2,404</td><td>1,720</td><td>122</td><td>167</td><td>205</td><td>147</td><td>136</td><td>118</td><td>119</td><td>110</td><td>122</td><td>117</td><td>99</td><td>94</td><td>70</td></tr><tr><td>Sundries</td><td>36,058</td><td>33,401</td><td>2,457</td><td>3,077</td><td>3,412</td><td>3,028</td><td>3,263</td><td>2,560</td><td>3,274</td><td>2,375</td><td>2,335</td><td>2,133</td><td>1,852</td><td>2,086</td><td>1,796</td></tr><tr><td>Miscellaneous 2/</td><td>271</td><td>273</td><td>28</td><td>24</td><td>18</td><td>20</td><td>18</td><td>11</td><td>18</td><td>15</td><td>21</td><td>20</td><td>29</td><td>62</td><td>17</td></tr><tr><td>Free list 3/</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Crude petroleum</td><td>5,223</td><td>5,142</td><td>561</td><td>501</td><td>557</td><td>381</td><td>211</td><td>236</td><td>272</td><td>420</td><td>543</td><td>427</td><td>550</td><td>575</td><td>582</td></tr><tr><td>Fuel oil, etc. 4/</td><td>1,625</td><td>2,243</td><td>112</td><td>102</td><td>109</td><td>183</td><td>165</td><td>303</td><td>377</td><td>238</td><td>130</td><td>227</td><td>249</td><td>226</td><td>206</td></tr><tr><td>Motor fuel and lubricating oil</td><td>9</td><td>35</td><td>1</td><td>1</td><td>2</td><td>3</td><td>2</td><td>1</td><td>14</td><td>-</td><td>6</td><td>3</td><td>4</td><td>-</td><td>1</td></tr><tr><td>Paraffin and other petroleum wax products</td><td>257</td><td>582</td><td>38</td><td>52</td><td>40</td><td>44</td><td>60</td><td>38</td><td>54</td><td>127</td><td>61</td><td>16</td><td>32</td><td>155</td><td>65</td></tr><tr><td>Seed oils</td><td>1,804</td><td>1,561</td><td>254</td><td>259</td><td>175</td><td>187</td><td>200</td><td>19</td><td>11</td><td>5</td><td>5</td><td>42</td><td>37</td><td>40</td><td>60</td></tr><tr><td>Oil seeds</td><td>402</td><td>362</td><td>24</td><td>17</td><td>29</td><td>39</td><td>57</td><td>14</td><td>23</td><td>15</td><td>22</td><td>55</td><td>17</td><td>12</td><td>-</td></tr><tr><td>Animal, fish, and coconut oils</td><td>1</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Copper</td><td>725</td><td>1,036</td><td>18</td><td>71</td><td>90</td><td>38</td><td>-</td><td>73</td><td>3</td><td>25</td><td>46</td><td>601</td><td>335</td><td>680</td><td>1,073</td></tr><tr><td>Number of specified types</td><td>153</td><td>215</td><td>14</td><td>31</td><td>23</td><td>15</td><td>17</td><td>15</td><td>17</td><td>14</td><td>14</td><td>19</td><td>21</td><td>25</td><td>22</td></tr><tr><td>Coal and related products</td><td>13</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total free list</td><td>10,213</td><td>11,178</td><td>1,022</td><td>1,035</td><td>1,025</td><td>890</td><td>712</td><td>700</td><td>771</td><td>845</td><td>827</td><td>1,388</td><td>1,244</td><td>1,714</td><td>2,009</td></tr><tr><td>Total duties and taxes</td><td>312,095</td><td>340,006</td><td>34,187</td><td>31,060</td><td>28,878</td><td>32,292</td><td>28,997</td><td>25,530</td><td>28,139</td><td>25,765</td><td>25,986</td><td>27,903</td><td>23,562</td><td>22,687</td><td>22,441</td></tr><tr><td>Adjustment to Daily Treasury Statement</td><td>+6,742</td><td>+8,585</td><td>+1,408</td><td>+1,358</td><td>+171</td><td>+4,478</td><td>+6,791</td><td>+21</td><td>+563</td><td>+714</td><td>+265</td><td>+198</td><td>+1,563</td><td>+943</td><td>+186</td></tr><tr><td>Total duties and taxes as reported in Daily Treasury Statement</td><td>318,837</td><td>348,591</td><td>35,595</td><td>32,418</td><td>29,049</td><td>27,814</td><td>35,788</td><td>25,551</td><td>28,702</td><td>26,479</td><td>26,251</td><td>28,101</td><td>25,225</td><td>23,530</td><td>22,527</td></tr></table>
<table><tr><th rowspan="2"></th><th colspan="13">Values</th></tr><tr><th colspan="2">Fiscal year</th><th colspan="4">1939</th><th colspan="8">1940</th></tr><tr><th>1939</th><th>1940</th><th>Sept.</th><th>Oct.</th><th>Nov.</th><th>Dec.</th><th>Jan.</th><th>Feb.</th><th>Mar.</th><th>Apr.</th><th>May</th><th>June</th><th>July</th><th>Aug.</th><th>Sept.</th></tr><tr><td>Chemicals, oils and paints</td><td>57,369</td><td>51,193</td><td>3,822</td><td>4,656</td><td>5,661</td><td>4,686</td><td>4,112</td><td>3,842</td><td>3,510</td><td>4,029</td><td>4,722</td><td>4,592</td><td>3,071</td><td>2,876</td><td>2,147</td></tr><tr><td>Earths, earthenware and glassware</td><td>25,533</td><td>23,808</td><td>1,959</td><td>2,035</td><td>2,493</td><td>2,118</td><td>1,992</td><td>1,722</td><td>1,976</td><td>1,529</td><td>1,819</td><td>1,888</td><td>1,945</td><td>1,879</td><td>1,647</td></tr><tr><td>Metals and manufactures</td><td>78,823</td><td>93,374</td><td>9,189</td><td>9,626</td><td>8,280</td><td>8,417</td><td>7,351</td><td>5,956</td><td>7,024</td><td>7,689</td><td>8,287</td><td>8,591</td><td>8,566</td><td>10,103</td><td>8,633</td></tr><tr><td>Wood and manufactures</td><td>15,132</td><td>17,266</td><td>1,414</td><td>2,244</td><td>1,705</td><td>1,333</td><td>1,263</td><td>1,171</td><td>1,091</td><td>1,180</td><td>1,707</td><td>1,546</td><td>1,455</td><td>1,392</td><td>1,505</td></tr><tr><td>Sugar, molasses and manufactures 1/</td><td>76,910</td><td>110,543</td><td>15,348</td><td>7,217</td><td>3,284</td><td>12,707</td><td>6,606</td><td>7,291</td><td>9,012</td><td>9,589</td><td>9,162</td><td>9,356</td><td>9,168</td><td>7,259</td><td>6,134</td></tr><tr><td>Tobacco and manufactures</td><td>37,687</td><td>36,166</td><td>3,012</td><td>3,175</td><td>3,245</td><td>2,184</td><td>3,196</td><td>2,729</td><td>2,625</td><td>3,010</td><td>3,292</td><td>3,111</td><td>3,167</td><td>3,525</td><td>3,169</td></tr><tr><td>Agricultural products and provisions</td><td>164,246</td><td>169,932</td><td>15,100</td><td>17,585</td><td>16,965</td><td>11,793</td><td>15,342</td><td>13,960</td><td>13,498</td><td>13,911</td><td>15,560</td><td>11,028</td><td>9,495</td><td>9,201</td><td>9,035</td></tr><tr><td>Spirits, wines and other beverages</td><td>58,093</td><td>62,523</td><td>9,277</td><td>5,714</td><td>5,396</td><td>7,497</td><td>3,692</td><td>3,101</td><td>3,575</td><td>3,718</td><td>4,357</td><td>9,250</td><td>3,388</td><td>2,355</td><td>3,483</td></tr><tr><td>Cotton manufactures</td><td>25,775</td><td>25,408</td><td>2,247</td><td>2,534</td><td>2,319</td><td>2,454</td><td>2,466</td><td>1,916</td><td>2,040</td><td>1,795</td><td>1,761</td><td>1,599</td><td>1,163</td><td>1,327</td><td>1,369</td></tr><tr><td>Flax, hemp, jute and manufactures</td><td>52,046</td><td>62,117</td><td>4,337</td><td>3,646</td><td>5,695</td><td>4,834</td><td>8,269</td><td>5,600</td><td>6,920</td><td>4,032</td><td>6,111</td><td>4,899</td><td>7,971</td><td>3,459</td><td>6,249</td></tr><tr><td>Wool and manufactures</td><td>37,848</td><td>64,351</td><td>5,120</td><td>3,806</td><td>4,966</td><td>6,035</td><td>8,737</td><td>6,850</td><td>7,214</td><td>4,720</td><td>4,469</td><td>4,677</td><td>4,846</td><td>4,419</td><td>5,048</td></tr><tr><td>Silk manufactures</td><td>5,766</td><td>4,988</td><td>451</td><td>452</td><td>483</td><td>440</td><td>446</td><td>332</td><td>444</td><td>313</td><td>401</td><td>259</td><td>255</td><td>287</td><td>295</td></tr><tr><td>Manufactures of rayon and other synthetic textiles</td><td>8,655</td><td>8,203</td><td>634</td><td>836</td><td>1,103</td><td>1,366</td><td>980</td><td>540</td><td>331</td><td>486</td><td>199</td><td>163</td><td>124</td><td>103</td><td>69</td></tr><tr><td>Pulp, paper and hooke</td><td>12,031</td><td>9,572</td><td>619</td><td>862</td><td>1,106</td><td>842</td><td>782</td><td>694</td><td>684</td><td>661</td><td>713</td><td>721</td><td>636</td><td>580</td><td>454</td></tr><tr><td>Sundries</td><td>129,718</td><td>127,265</td><td>9,335</td><td>11,169</td><td>12,100</td><td>12,184</td><td>12,428</td><td>10,189</td><td>12,581</td><td>9,496</td><td>9,158</td><td>8,547</td><td>7,234</td><td>7,790</td><td>6,573</td></tr><tr><td>Miscellaneous 2/</td><td>257</td><td>275</td><td>28</td><td>17</td><td>16</td><td>30</td><td>19</td><td>11</td><td>14</td><td>10</td><td>19</td><td>17</td><td>39</td><td>93</td><td>15</td></tr><tr><td>Free list 3/</td><td>34,567</td><td>52,724</td><td>3,128</td><td>3,571</td><td>3,473</td><td>3,878</td><td>3,713</td><td>4,995</td><td>6,413</td><td>5,371</td><td>5,011</td><td>6,769</td><td>6,581</td><td>8,209</td><td>8,837</td></tr><tr><td>Total value of dutiable and taxable imports</td><td>820,157</td><td>919,709</td><td>85,019</td><td>79,146</td><td>78,293</td><td>82,800</td><td>81,393</td><td>70,897</td><td>78,950</td><td>71,598</td><td>76,758</td><td>77,011</td><td>69,106</td><td>64,358</td><td>64,563</td></tr></table>
Source: For values, reports of the Bureau of Foreign and Domestic Commerce; the figures for customs duties and taxes are computed on the basis of the quantity and value figures.
1/ Includes taxable sugar from the Philippine Islands.
2/ Comprises articles dutiable under paragraph 1615 and repairs on vessels dutiable under Section 466 of the Tariff Act of 1930; the taxable copper content of dutiable articles taxed under the Revenue Act of 1932 and taxes on articles composed in chief value of manufactured sugar under the Sugar Act of 1937, which cannot be allocated to appropriate schedules. Taxes collected on other dutiable commodities under the revenue acts and the Sugar Act of 1937 are included in appropriate schedules.
3/ Duty-free commodities taxed under the Revenue Act of 1932 and subsequent acts.
4/ Comprises fuel oil and gase oil derived from petroleum, and all liquid derivatives of crude petroleum except lubricating oil and gasoline or other motor fuel.
10
Customs Duties Collected, Estimated by Countries from which Imports Originated
(in thousands of dollars)
<table><tr><th>Country from which imports originated</th><th colspan="2">Fiscal year</th><th colspan="5">1939</th><th colspan="9">1940</th></tr><tr><th></th><th>1939</th><th>1940</th><th>Sept.</th><th>Oct.</th><th>Nov.</th><th>Dec.</th><th>Jan.</th><th>Feb.</th><th>Mar.</th><th>Apr.</th><th>May</th><th>June</th><th>July</th><th>Aug.</th><th>Sept.</th></tr><tr><td>Europe:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Belgium</td><td>7,906</td><td>8,579</td><td>769</td><td>1,009</td><td>901</td><td>672</td><td>768</td><td>581</td><td>848</td><td>579</td><td>552</td><td>246</td><td>162</td><td>127</td><td>120</td></tr><tr><td>Czechoslovakia</td><td>6,346</td><td>186</td><td>39</td><td>29</td><td>29</td><td>21</td><td>8</td><td>12</td><td>6</td><td>8</td><td>4</td><td>6</td><td>13</td><td>4</td><td>5</td></tr><tr><td>France</td><td>18,128</td><td>19,124</td><td>1,854</td><td>1,232</td><td>2,126</td><td>1,787</td><td>1,742</td><td>1,255</td><td>1,530</td><td>1,203</td><td>1,399</td><td>1,627</td><td>675</td><td>450</td><td>472</td></tr><tr><td>Germany</td><td>19,071</td><td>5,068</td><td>383</td><td>541</td><td>801</td><td>520</td><td>427</td><td>355</td><td>189</td><td>168</td><td>146</td><td>156</td><td>136</td><td>120</td><td>138</td></tr><tr><td>Greece</td><td>7,678</td><td>7,522</td><td>571</td><td>616</td><td>708</td><td>534</td><td>544</td><td>553</td><td>560</td><td>653</td><td>706</td><td>840</td><td>674</td><td>638</td><td>498</td></tr><tr><td>Italy</td><td>14,328</td><td>12,748</td><td>1,183</td><td>1,523</td><td>1,188</td><td>1,056</td><td>842</td><td>902</td><td>962</td><td>1,019</td><td>959</td><td>1,145</td><td>378</td><td>261</td><td>242</td></tr><tr><td>Netherland</td><td>6,762</td><td>3,627</td><td>692</td><td>361</td><td>329</td><td>245</td><td>190</td><td>138</td><td>157</td><td>161</td><td>116</td><td>92</td><td>26</td><td>11</td><td>12</td></tr><tr><td>Norway</td><td>2,905</td><td>2,990</td><td>355</td><td>430</td><td>304</td><td>241</td><td>197</td><td>246</td><td>208</td><td>257</td><td>97</td><td>95</td><td>28</td><td>41</td><td>6</td></tr><tr><td>Poland</td><td>2,478</td><td>694</td><td>125</td><td>26</td><td>13</td><td>18</td><td>3</td><td>5</td><td>15</td><td>3</td><td>3</td><td>2</td><td>2</td><td>6</td><td>1</td></tr><tr><td>Spaio</td><td>2,816</td><td>3,302</td><td>256</td><td>295</td><td>319</td><td>261</td><td>158</td><td>214</td><td>245</td><td>351</td><td>388</td><td>412</td><td>370</td><td>256</td><td>215</td></tr><tr><td>Svden</td><td>1,722</td><td>1,925</td><td>147</td><td>226</td><td>165</td><td>224</td><td>188</td><td>126</td><td>241</td><td>210</td><td>40</td><td>71</td><td>53</td><td>140</td><td>28</td></tr><tr><td>Switzerland</td><td>9,555</td><td>11,846</td><td>901</td><td>1,549</td><td>1,612</td><td>1,080</td><td>755</td><td>798</td><td>925</td><td>816</td><td>942</td><td>716</td><td>703</td><td>792</td><td>940</td></tr><tr><td>U.S.A.</td><td>2,102</td><td>2,952</td><td>204</td><td>294</td><td>154</td><td>183</td><td>290</td><td>190</td><td>277</td><td>261</td><td>549</td><td>301</td><td>273</td><td>561</td><td>80</td></tr><tr><td>United Kingdom</td><td>40,353</td><td>44,021</td><td>5,069</td><td>3,620</td><td>3,735</td><td>4,457</td><td>3,357</td><td>2,561</td><td>3,176</td><td>3,114</td><td>3,246</td><td>4,963</td><td>3,286</td><td>2,516</td><td>2,609</td></tr><tr><td>Other Europe</td><td>6,512</td><td>6,125</td><td>498</td><td>777</td><td>931</td><td>690</td><td>509</td><td>401</td><td>339</td><td>470</td><td>346</td><td>294</td><td>372</td><td>389</td><td>443</td></tr><tr><td>Total Europe</td><td>148,664</td><td>130,709</td><td>13,076</td><td>12,585</td><td>13,315</td><td>12,000</td><td>9,978</td><td>8,337</td><td>9,679</td><td>9,273</td><td>9,493</td><td>10,966</td><td>7,151</td><td>6,313</td><td>5,809</td></tr><tr><td>North and Central America</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Canada</td><td>18,890</td><td>20,284</td><td>1,923</td><td>2,335</td><td>2,047</td><td>1,998</td><td>1,386</td><td>1,228</td><td>1,370</td><td>1,496</td><td>1,744</td><td>1,967</td><td>1,428</td><td>1,618</td><td>1,812</td></tr><tr><td>Cuba</td><td>37,869</td><td>60,590</td><td>8,529</td><td>4,824</td><td>2,262</td><td>6,783</td><td>3,628</td><td>3,859</td><td>5,157</td><td>5,109</td><td>4,510</td><td>4,841</td><td>4,900</td><td>3,828</td><td>3,503</td></tr><tr><td>Dominican Republic</td><td>1,947</td><td>1,291</td><td>329</td><td>337</td><td>76</td><td>7</td><td>3</td><td>325</td><td>17</td><td>14</td><td>16</td><td>156</td><td>8</td><td>9</td><td>7</td></tr><tr><td>Mexico</td><td>7,059</td><td>8,209</td><td>340</td><td>633</td><td>678</td><td>585</td><td>966</td><td>632</td><td>843</td><td>1,349</td><td>873</td><td>652</td><td>895</td><td>716</td><td>871</td></tr><tr><td>Netherland West Indies</td><td>1,627</td><td>1,773</td><td>117</td><td>108</td><td>110</td><td>188</td><td>174</td><td>194</td><td>232</td><td>150</td><td>82</td><td>112</td><td>114</td><td>90</td><td>83</td></tr><tr><td>Other Countries</td><td>1,614</td><td>918</td><td>95</td><td>87</td><td>100</td><td>82</td><td>74</td><td>45</td><td>42</td><td>81</td><td>60</td><td>119</td><td>51</td><td>77</td><td>154</td></tr><tr><td>Total North and Central America</td><td>69,006</td><td>93,065</td><td>11,332</td><td>8,325</td><td>5,272</td><td>9,044</td><td>6,230</td><td>6,283</td><td>7,661</td><td>8,199</td><td>7,285</td><td>7,847</td><td>7,396</td><td>6,338</td><td>6,430</td></tr><tr><td>South America</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Argentina</td><td>17,753</td><td>21,340</td><td>1,177</td><td>1,403</td><td>1,650</td><td>1,424</td><td>2,478</td><td>2,956</td><td>2,930</td><td>1,550</td><td>1,620</td><td>1,532</td><td>1,673</td><td>1,597</td><td>1,607</td></tr><tr><td>Brazil</td><td>3,447</td><td>3,087</td><td>473</td><td>318</td><td>212</td><td>265</td><td>265</td><td>329</td><td>116</td><td>167</td><td>296</td><td>282</td><td>392</td><td>360</td><td>470</td></tr><tr><td>Chile</td><td>525</td><td>1,386</td><td>28</td><td>75</td><td>97</td><td>47</td><td>48</td><td>132</td><td>53</td><td>119</td><td>150</td><td>540</td><td>189</td><td>580</td><td>856</td></tr><tr><td>Peru</td><td>3,381</td><td>3,920</td><td>416</td><td>557</td><td>404</td><td>795</td><td>209</td><td>489</td><td>233</td><td>273</td><td>159</td><td>203</td><td>250</td><td>285</td><td>227</td></tr><tr><td>Uruguay</td><td>4,044</td><td>8,135</td><td>689</td><td>610</td><td>669</td><td>590</td><td>1,282</td><td>900</td><td>670</td><td>510</td><td>801</td><td>571</td><td>599</td><td>377</td><td>607</td></tr><tr><td>Venezuela</td><td>4,752</td><td>4,458</td><td>518</td><td>463</td><td>472</td><td>345</td><td>170</td><td>277</td><td>291</td><td>297</td><td>349</td><td>343</td><td>305</td><td>357</td><td>330</td></tr><tr><td>Other Countries</td><td>1,227</td><td>1,458</td><td>136</td><td>93</td><td>115</td><td>107</td><td>115</td><td>136</td><td>203</td><td>92</td><td>117</td><td>109</td><td>139</td><td>157</td><td>134</td></tr><tr><td>Total South America</td><td>35,129</td><td>43,783</td><td>3,438</td><td>3,518</td><td>3,618</td><td>3,563</td><td>4,566</td><td>5,219</td><td>4,496</td><td>3,008</td><td>3,492</td><td>3,580</td><td>3,547</td><td>3,713</td><td>4,231</td></tr><tr><td>Asia</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>British India</td><td>6,884</td><td>7,740</td><td>769</td><td>509</td><td>773</td><td>583</td><td>879</td><td>730</td><td>714</td><td>440</td><td>743</td><td>666</td><td>879</td><td>596</td><td>803</td></tr><tr><td>China</td><td>10,264</td><td>11,048</td><td>832</td><td>1,169</td><td>1,066</td><td>1,057</td><td>1,147</td><td>847</td><td>1,191</td><td>862</td><td>1,067</td><td>994</td><td>896</td><td>1,405</td><td>1,175</td></tr><tr><td>Japan</td><td>16,393</td><td>17,897</td><td>1,794</td><td>1,797</td><td>1,835</td><td>1,867</td><td>2,316</td><td>1,283</td><td>1,111</td><td>908</td><td>1,081</td><td>1,145</td><td>1,193</td><td>1,338</td><td>1,337</td></tr><tr><td>Turkey</td><td>10,024</td><td>8,508</td><td>659</td><td>700</td><td>760</td><td>622</td><td>706</td><td>614</td><td>690</td><td>690</td><td>887</td><td>765</td><td>738</td><td>816</td><td>691</td></tr><tr><td>Other Countries</td><td>5,616</td><td>8,102</td><td>751</td><td>754</td><td>880</td><td>699</td><td>780</td><td>533</td><td>620</td><td>863</td><td>791</td><td>611</td><td>727</td><td>863</td><td>778</td></tr><tr><td>Total Asia</td><td>49,181</td><td>53,895</td><td>4,805</td><td>4,929</td><td>5,314</td><td>4,848</td><td>5,828</td><td>4,007</td><td>4,326</td><td>3,763</td><td>4,569</td><td>4,181</td><td>4,433</td><td>5,018</td><td>4,784</td></tr><tr><td>Oceania</td><td>6,088</td><td>7,886</td><td>1,107</td><td>965</td><td>692</td><td>687</td><td>762</td><td>536</td><td>744</td><td>647</td><td>472</td><td>438</td><td>532</td><td>511</td><td>279</td></tr><tr><td>Africa</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Egypt</td><td>1,856</td><td>2,504</td><td>201</td><td>374</td><td>298</td><td>224</td><td>203</td><td>149</td><td>146</td><td>203</td><td>208</td><td>238</td><td>127</td><td>69</td><td>86</td></tr><tr><td>Gold Coast</td><td>899</td><td>1,502</td><td>138</td><td>264</td><td>128</td><td>153</td><td>100</td><td>45</td><td>84</td><td>61</td><td>35</td><td>189</td><td>51</td><td>245</td><td>107</td></tr><tr><td>Union of South Africa</td><td>326</td><td>5,702</td><td>26</td><td>37</td><td>145</td><td>1,092</td><td>1,240</td><td>991</td><td>936</td><td>552</td><td>358</td><td>291</td><td>282</td><td>329</td><td>496</td></tr><tr><td>Other Countries</td><td>947</td><td>959</td><td>65</td><td>62</td><td>96</td><td>81</td><td>91</td><td>63</td><td>67</td><td>59</td><td>74</td><td>173</td><td>42</td><td>150</td><td>219</td></tr><tr><td>Total Africa</td><td>4,028</td><td>10,666</td><td>429</td><td>737</td><td>667</td><td>1,550</td><td>1,634</td><td>1,248</td><td>1,233</td><td>875</td><td>675</td><td>891</td><td>502</td><td>793</td><td>908</td></tr><tr><td>Grand Total</td><td>312,095</td><td>340,006</td><td>34,187</td><td>31,060</td><td>28,878</td><td>32,292</td><td>28,997</td><td>25,630</td><td>28,139</td><td>25,765</td><td>25,986</td><td>27,903</td><td>23,562</td><td>22,687</td><td>22,441</td></tr></table>
Source: Computed on the basis of quantities and values of imports as shown in reports of the Bureau of Foreign and Domestic Commerce.
11
Receipts and Expenditures under Social Security Act, General Fund Accounts
(In millions of dollars)
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="4">Receipts</th><th colspan="5">Expenditureee</th><th rowspan="2">Excess of expenditures</th></tr><tr><th>Total</th><th>Taxes Employment taxes relating to old-age insurance</th><th>Tax on employers of 8 or more</th><th>Less amounts credited to Federal Old-Age and Survivors Insurance Trust Fund 1/</th><th>Net receipts</th><th>Total</th><th>Administrative expenses 2/</th><th>Grants to States Total</th><th>Grants to States Old-age assistance, etc.</th><th>Unemployment compensation administration</th><th>Refunds of taxes 3/</th></tr><tr><td>1936</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>28.4</td><td>.6</td><td>27.8</td><td>26.9</td><td>.9</td><td>-</td><td>28.4</td></tr><tr><td>1937</td><td>252.2</td><td>194.3</td><td>57.8</td><td>265.0</td><td>-12.8</td><td>183.1</td><td>15.8</td><td>166.9</td><td>157.8</td><td>9.1</td><td>.4</td><td>195.9</td></tr><tr><td>1938</td><td>604.1</td><td>514.4</td><td>90.1</td><td>387.0</td><td>217.4</td><td>332.1</td><td>20.0</td><td>271.5</td><td>229.6</td><td>41.9</td><td>40.6</td><td>114.7</td></tr><tr><td>1939</td><td>631.2</td><td>530.4</td><td>100.9</td><td>503.0</td><td>128.2</td><td>343.3</td><td>21.3</td><td>320.3</td><td>261.4</td><td>58.9</td><td>1.7</td><td>215.1</td></tr><tr><td>1940</td><td>712.2</td><td>604.7</td><td>107.5</td><td>537.7 5/</td><td>174.5</td><td>384.2</td><td>25.3</td><td>356.5</td><td>298.2</td><td>58.3</td><td>2.5</td><td>209.7</td></tr><tr><td>1939-Oct.</td><td>34.4</td><td>31.4</td><td>2.9</td><td>43.0</td><td>-8.6</td><td>44.7</td><td>.9</td><td>43.7</td><td>32.6</td><td>11.1</td><td>.1</td><td>53.3</td></tr><tr><td>Nov.</td><td>125.5</td><td>117.5</td><td>8.0</td><td>43.0</td><td>82.5</td><td>24.1</td><td>1.8</td><td>22.1</td><td>21.0</td><td>1.0</td><td>.2</td><td>-58.4</td></tr><tr><td>Dec.</td><td>47</td><td>4.1</td><td>.5</td><td>48.0</td><td>-43.3</td><td>19.8</td><td>1.8</td><td>17.8</td><td>16.6</td><td>1.2</td><td>.2</td><td>63.1</td></tr><tr><td>1940-Jan.</td><td>44.8</td><td>31.1</td><td>13.7</td><td>-</td><td>44.8</td><td>41.5</td><td>2.4</td><td>38.9</td><td>33.3</td><td>5.6</td><td>.2</td><td>-3.3</td></tr><tr><td>Feb.</td><td>172.2</td><td>115.2</td><td>57.0</td><td>-</td><td>172.2</td><td>36.3</td><td>2.2</td><td>36.0</td><td>31.1</td><td>4.9</td><td>.1</td><td>-133.9</td></tr><tr><td>Mar.</td><td>3.4</td><td>2.3</td><td>1.2</td><td>134.8</td><td>-131.4</td><td>27.8</td><td>2.5</td><td>24.9</td><td>15.9</td><td>9.0</td><td>.4</td><td>159.2</td></tr><tr><td>Apr.</td><td>38.8</td><td>35.8</td><td>3.0</td><td>-</td><td>38.8</td><td>47.9</td><td>2.6</td><td>45.0</td><td>38.8</td><td>6.2</td><td>.3</td><td>9.1</td></tr><tr><td>May.</td><td>131.4</td><td>122.5</td><td>8.9</td><td>-</td><td>131.4</td><td>29.2</td><td>2.6</td><td>26.2</td><td>25.8</td><td>.4</td><td>.4</td><td>-102.2</td></tr><tr><td>June.</td><td>3.9</td><td>2.9</td><td>1.0</td><td>134.9 5/</td><td>-131.0</td><td>12.0</td><td>2.5</td><td>9.3</td><td>8.9</td><td>.4</td><td>.2</td><td>143.0</td></tr><tr><td>July.</td><td>38.6</td><td>38.1</td><td>.5</td><td>35.8</td><td>2.8</td><td>64.6</td><td>2.6</td><td>61.8</td><td>46.7</td><td>15.1</td><td>.2</td><td>61.4</td></tr><tr><td>Aug.</td><td>132.0</td><td>123.8</td><td>8.1</td><td>119.2</td><td>12.8</td><td>34.4</td><td>2.8</td><td>31.4</td><td>31.1</td><td>.3</td><td>.2</td><td>21.6</td></tr><tr><td>Sept.</td><td>3.3</td><td>2.7</td><td>.6</td><td>.5</td><td>2.8</td><td>16.8</td><td>2.7</td><td>13.9</td><td>13.4</td><td>.5</td><td>.2</td><td>14.0</td></tr><tr><td>Oct.</td><td>37.2</td><td>34.5</td><td>2.7</td><td>32.1</td><td>5.1</td><td>56.9</td><td>2.8</td><td>53.9</td><td>38.7</td><td>15.2</td><td>.2</td><td>51.8</td></tr></table>
Source: Daily Treasury Statements.
1/ Prior to January 1, 1940, figures represent amounts transferred to the Old-Age Reserve Account. From January 1 to July 1, 1940, transfers were made to the Federal Old-Age and Survivors Insurance Trust Fund. Subsequently receipts have been deposited in the General Fund and appropriated directly to the Federal Old-Age and Survivors Insurance Trust Fund. Amounts shown as transfers to the Trust Fund reflect deductions made for reimbursement to the General Fund account to cover administrative expenses.
2/ Includes only expenditures from appropriations made specifically for administrative expenses relating to the Social Security Act and amounts for administrative expenses reimbursed to the General Fund of the Treasury under Section 201 (f) of the Social Security Act, as amended. Excludes administrative expenses payable from other appropriations, principally for the following agencies: Bureau of Internal Revenue; Public Health Service, and Office of Education of the Federal Security Agency.
3/ Second Deficiency Appropriation Act, fiscal year 1938, approved June 25, 1938, carried an appropriation of $40,561,886.43, pursuant to authorisation of August 24, 1937, for making refund to certain States of portions of Federal employers' tax for 1936 collected under Title II of the Social Security Act. Other refunds are on account of Employment taxes (Title VIII) and Tax on employers of 8 or more (Title IX, Sec. 901) "Other than to States."
4/ Covered by appropriations from the General Fund.
5/ Revised to bring classification into agreement with accounts.
Receipts and Expenditures, Federal Old-Age and Survivors Insurance Trust Fund
(Cumulative - in millions of dollars)
<table><tr><th rowspan="2">End of fiscal year or month</th><th colspan="4">Receipts</th><th colspan="3">Expenditures</th><th colspan="3">Balance</th></tr><tr><th>Total receipts</th><th>Total</th><th>Credited to Trust Fund</th><th>Balance available in General Fund</th><th>Interest on investments</th><th>Total expenditures</th><th>Benefit payments</th><th>Reimbursement for administrative expense[1]</th><th>Total investments</th><th>To credit of Trust Fund on books of Treasury</th><th>To credit of disbursing officer</th></tr><tr><td>1936</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1937</td><td>267.3</td><td>265.0</td><td>265.0</td><td>-</td><td>2.3</td><td>-</td><td>-</td><td>-</td><td>267.3</td><td>.1</td><td>.1</td></tr><tr><td>1938</td><td>782.7</td><td>765.0</td><td>652.0</td><td>113.0</td><td>17.7</td><td>5.4</td><td>5.4</td><td>-</td><td>777.2</td><td>662.3</td><td>113.0</td></tr><tr><td>1939</td><td>1,199.6</td><td>1,155.0</td><td>1,155.0</td><td>-</td><td>44.6</td><td>19.3</td><td>19.3</td><td>-</td><td>1,180.3</td><td>1,177.2</td><td>.1</td></tr><tr><td>1940</td><td>1,792.1</td><td>1,705.0</td><td>1,705.0</td><td>-</td><td>87.1</td><td>47.4</td><td>35.1</td><td>12.3</td><td>1,744.7</td><td>1,738.1</td><td>.5</td></tr><tr><td>1940-July</td><td>1,830.2</td><td>1,743.1</td><td>1,743.1</td><td>-</td><td>87.1</td><td>52.8</td><td>38.3</td><td>14.5</td><td>1,777.4</td><td>1,733.1</td><td>36.4</td></tr><tr><td>Aug</td><td>1,951.6</td><td>1,864.5</td><td>1,864.5</td><td>-</td><td>87.1</td><td>58.5</td><td>41.8</td><td>16.7</td><td>1,893.1</td><td>1,728.1</td><td>155.6</td></tr><tr><td>Sept.</td><td>1,954.4</td><td>1,867.2</td><td>1,867.2</td><td>-</td><td>87.2</td><td>64.6</td><td>45.7</td><td>18.9</td><td>1,889.8</td><td>1,875.6</td><td>3.8</td></tr><tr><td>Oct.</td><td>1,969.0</td><td>1,901.7</td><td>1,901.7</td><td>-</td><td>87.3</td><td>72.0</td><td>50.6</td><td>21.4</td><td>1,917.0</td><td>1,870.6</td><td>36.0</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>10.4</td></tr></table>
Source: Daily Treasury Statements.
1/ Under Section 201 (f) of the Social Security Act amendments of 1939.
2/ Includes balance of General Fund appropriation not yet transferred to Trust Fund.
12
Receipts and Expenditures Under Railroad Retirement and Railroad Unemployment Insurance Acts, General Fund Accounts
(In millions of dollars)
<table><tr><th>Fiscal year or month</th><th>Receipts Total</th><th>Expenditures Total</th><th>Administrative expenses 1/</th><th>Transfers to Railroad Retirement account (trust account)</th><th>Advances to Railroad Un-employment Insurance Account</th><th>Excess of expenditures 2/</th></tr><tr><td>1936</td><td>-</td><td>.3</td><td>.3</td><td>-</td><td>-</td><td>.3</td></tr><tr><td>1937</td><td>.4</td><td>1.5</td><td>1.5</td><td>-</td><td>-</td><td>1.1</td></tr><tr><td>1938</td><td>150.1</td><td>149.0</td><td>2.6</td><td>146.4</td><td>-</td><td>-1.1</td></tr><tr><td>1939</td><td>109.3</td><td>110.4</td><td>3.3</td><td>107.1</td><td>-</td><td>1.1</td></tr><tr><td>1940</td><td>125.9</td><td>128.3</td><td>7.5</td><td>120.7</td><td>-</td><td>2.4</td></tr><tr><td>1939-Oct</td><td>1.2</td><td>10.7</td><td>.7</td><td>10.0</td><td>-</td><td>9.5</td></tr><tr><td>Nov</td><td>4.2</td><td>10.5</td><td>.5</td><td>10.0</td><td>-</td><td>6.3</td></tr><tr><td>Dec</td><td>24.5</td><td>11.3</td><td>1.3</td><td>10.0</td><td>-</td><td>-13.2</td></tr><tr><td>1940-Jan</td><td>.4</td><td>-4.5</td><td>.5</td><td>10.0</td><td>-15.0</td><td>-4.9</td></tr><tr><td>Feb</td><td>5.4</td><td>10.5</td><td>.5</td><td>10.0</td><td>-</td><td>5.1</td></tr><tr><td>Mar</td><td>27.0</td><td>.6</td><td>.6</td><td>-</td><td>-</td><td>-26.4</td></tr><tr><td>Apr</td><td>.3</td><td>20.4</td><td>.4</td><td>20.0</td><td>-</td><td>20.1</td></tr><tr><td>May</td><td>5.9</td><td>4.2</td><td>.7</td><td>3.5</td><td>-</td><td>-1.7</td></tr><tr><td>June</td><td>27.8</td><td>.7</td><td>.7</td><td>-</td><td>-</td><td>-27.1</td></tr><tr><td>July</td><td>.5</td><td>20.5</td><td>.5</td><td>20.0</td><td>-</td><td>20.0</td></tr><tr><td>Aug</td><td>1.2</td><td>26.6</td><td>.6</td><td>26.0</td><td>-</td><td>19.4</td></tr><tr><td>Sept</td><td>26.1</td><td>10.5</td><td>.5</td><td>10.0</td><td>-</td><td>-15.6</td></tr><tr><td>Oct</td><td>.4</td><td>.5</td><td>.5</td><td>-</td><td>-</td><td>.1</td></tr></table>
Source: Daily Treasury Statements.
1/ Includes only expenditures from appropriations made specifically for administrative expenses relating to the Railroad Retirement and Railroad Unemployment Insurance Acts.
2/ Covered by appropriations from the General Fund.
Receipts and Expenditures, Railroad Retirement Account (Trust Account)
(Cumulative - In millions of dollars)
<table><tr><th>End of fiscal year or month</th><th colspan="4">Receipts</th><th>Expenditures</th><th colspan="3">Balance</th></tr><tr><th></th><th>Total receipts</th><th colspan="3">Appropriations by Congress</th><th>Benefit payments</th><th>Total investments</th><th colspan="2">Unexpended</th></tr><tr><th></th><th></th><th>Total</th><th>Transfers from General Fund</th><th>Balance available for transfers</th><th>Interest on investments</th><th></th><th>To credit of appropriations</th><th>To credit of disbursing officer</th></tr><tr><td>1936</td><td>46.6</td><td>46.6</td><td>-</td><td>-</td><td>-</td><td>46.6</td><td>46.6</td><td>-</td></tr><tr><td>1937</td><td>46.6</td><td>46.6</td><td>-</td><td>-</td><td>-</td><td>42.6</td><td>36.6</td><td>6.0</td></tr><tr><td>1938</td><td>147.9</td><td>146.5</td><td>1.4</td><td>.1</td><td>1.4</td><td>68.1</td><td>.2</td><td>1.6</td></tr><tr><td>1939</td><td>268.4</td><td>264.8</td><td>253.5</td><td>11.3</td><td>3.6</td><td>82.8</td><td>13.2</td><td>2.3</td></tr><tr><td>1940</td><td>390.8</td><td>384.9</td><td>374.2</td><td>10.7</td><td>5.9</td><td>92.1</td><td>10.8</td><td>1.8</td></tr><tr><td>1940-July</td><td>513.4</td><td>507.5</td><td>394.2</td><td>113.3</td><td>5.9</td><td>204.9</td><td>113.4</td><td>12.1</td></tr><tr><td>Aug.</td><td>513.4</td><td>507.5</td><td>420.2</td><td>87.3</td><td>5.9</td><td>195.0</td><td>87.5</td><td>22.2</td></tr><tr><td>Sept.</td><td>513.4</td><td>507.5</td><td>430.2</td><td>77.3</td><td>5.9</td><td>185.0</td><td>77.4</td><td>22.2</td></tr><tr><td>Oct.</td><td>504.4</td><td>498.52</td><td>430.2</td><td>68.3</td><td>5.9</td><td>166.0</td><td>68.5</td><td>12.1</td></tr></table>
Source: Daily Treasury Statements.
1/ Includes balance of appropriation available for transfers subsequent to June 30, 1937.
2/ Appropriation reduced $9,000,000 to cover transfer for acquisition of service and compensation data (Public Resolution No. 102, seventy-sixth Congress, approved Oct. 9, 1940).
Receipts and Expenditures, Unemployment Trust Fund
(Cumulative - In millions of dollars)
<table><tr><th rowspan="2">End of fiscal year or month</th><th colspan="4">Receipts</th><th colspan="3">Expenditures</th><th colspan="3">Balance</th></tr><tr><th>Total receipts</th><th>Deposits by States</th><th>Deposits by Railroad Retirement Board</th><th>Advanced from appropriations</th><th>Interest on investments</th><th>Total expenditures</th><th>Withdrawals by States</th><th>Railroad Unemployment Insurance Account unemployment benefit payments</th><th>Repayment of advance</th><th>Total investments</th><th>Unexpended balances in special deposit account</th><th>Disturbing account (Railroad unemployment benefits and refunds)</th></tr><tr><td>1936</td><td>18.9</td><td>18.9</td><td>-</td><td>-</td><td>.1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>18.9</td><td>18.9</td><td>-</td></tr><tr><td>1937</td><td>311.4</td><td>310.6</td><td>-</td><td>-</td><td>2.8</td><td>1.0</td><td>1.0</td><td>-</td><td>-</td><td>312.4</td><td>312.3</td><td>.1</td></tr><tr><td>1938</td><td>1,076.2</td><td>1,058.2</td><td>-</td><td>-</td><td>18.0</td><td>192.0</td><td>192.0</td><td>-</td><td>-</td><td>884.2</td><td>872.0</td><td>12.2</td></tr><tr><td>1939</td><td>1,914.3</td><td>1,869.5</td><td>-</td><td>-</td><td>44.8</td><td>633.8</td><td>633.8</td><td>-</td><td>-</td><td>1,280.5</td><td>1,267.0</td><td>13.5</td></tr><tr><td>1940</td><td>2,871.1</td><td>2,729.3</td><td>44.2</td><td>15.0</td><td>62.6</td><td>1,146.3</td><td>1,116.7</td><td>14.6</td><td>15.0</td><td>1,724.3</td><td>1,710.0</td><td>13.4</td></tr><tr><td>1940-July</td><td>2,930.0</td><td>2,788.2</td><td>44.2</td><td>15.0</td><td>82.6</td><td>1,203.0</td><td>1,172.7</td><td>15.2</td><td>15.0</td><td>1,727.0</td><td>1,723.0</td><td>2.3</td></tr><tr><td>Aug.</td><td>3,072.6</td><td>2,929.7</td><td>45.3</td><td>15.0</td><td>82.6</td><td>1,255.6</td><td>1,224.5</td><td>16.2</td><td>15.0</td><td>1,817.0</td><td>1,808.0</td><td>7.2</td></tr><tr><td>Sept.</td><td>3,095.6</td><td>2,939.0</td><td>58.9</td><td>15.0</td><td>82.7</td><td>1,293.5</td><td>1,261.3</td><td>17.2</td><td>15.0</td><td>1,802.1</td><td>1,790.0</td><td>10.3</td></tr><tr><td>Oct.</td><td>3,152.4</td><td>2,995.7</td><td>58.9</td><td>15.0</td><td>82.8</td><td>1,327.5</td><td>1,294.3</td><td>18.2</td><td>15.0</td><td>1,824.9</td><td>1,821.0</td><td>2.1</td></tr></table>
Source: Daily Treasury Statements. 1/ Receipts exclude transfers from States. Expenditures exclude transfers to Railroad Unemployment Insurance Account.
13
Cash Income and Outgo of the Treasury, by Major Classifications
(In millions of dollars)
<table><tr><th></th><th colspan="3">1939</th><th colspan="10">1940</th></tr><tr><th></th><th>Oct.</th><th>Nov.</th><th>Dec.</th><th>Jan.</th><th>Feb.</th><th>Mar.</th><th>Apr.</th><th>May</th><th>June</th><th>July</th><th>Aug.</th><th>Sept.</th><th>Oct.</th></tr><tr><td><b>CASH INCOME</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Budget:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Income tax.</td><td>37</td><td>34</td><td>318</td><td>45</td><td>63</td><td>665</td><td>48</td><td>40</td><td>464</td><td>50</td><td>38</td><td>432</td><td>44</td></tr><tr><td>Miscellaneous laterial revenues.</td><td>198</td><td>191</td><td>171</td><td>167</td><td>154</td><td>192</td><td>175</td><td>179</td><td>201</td><td>237</td><td>346</td><td>213</td><td>237</td></tr><tr><td>Taxes under Social Security Act.</td><td>34</td><td>125</td><td>5</td><td>44</td><td>172</td><td>3</td><td>39</td><td>131</td><td>4</td><td>39</td><td>132</td><td>3</td><td>37</td></tr><tr><td>Taxes upon carriers and their employees.</td><td>1</td><td>4</td><td>23</td><td>1</td><td>5</td><td>25</td><td>-</td><td>6</td><td>26</td><td>1</td><td>7</td><td>25</td><td>-</td></tr><tr><td>Customs.</td><td>32</td><td>29</td><td>28</td><td>35</td><td>26</td><td>29</td><td>26</td><td>26</td><td>29</td><td>25</td><td>24</td><td>23</td><td>29</td></tr><tr><td>Other.</td><td>19</td><td>24</td><td>24</td><td>23</td><td>24</td><td>20</td><td>16</td><td>18</td><td>15</td><td>15</td><td>19</td><td>15</td><td>18</td></tr><tr><td>Subtotal.</td><td>321</td><td>407</td><td>569</td><td>315</td><td>444</td><td>934</td><td>304</td><td>400</td><td>739</td><td>367</td><td>566</td><td>711</td><td>365</td></tr><tr><td>Trust funds, etc.:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Unemployment trust fund (deposits by States).</td><td>54</td><td>144</td><td>29</td><td>62</td><td>155</td><td>30</td><td>53</td><td>144</td><td>26</td><td>59</td><td>143</td><td>23</td><td>57</td></tr><tr><td>Trust accounts.</td><td>24</td><td>16</td><td>17</td><td>21</td><td>15</td><td>25</td><td>28</td><td>17</td><td>16</td><td>23</td><td>15</td><td>22</td><td>26</td></tr><tr><td>Subtotal.</td><td>78</td><td>160</td><td>46</td><td>83</td><td>170</td><td>55</td><td>81</td><td>161</td><td>42</td><td>82</td><td>158</td><td>45</td><td>83</td></tr><tr><td>Total cash income.</td><td>399</td><td>567</td><td>615</td><td>398</td><td>614</td><td>989</td><td>385</td><td>561</td><td>781</td><td>449</td><td>724</td><td>756</td><td>448</td></tr><tr><td><b>CASH OUTGO</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Budget:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>National defense.</td><td>115</td><td>118</td><td>125</td><td>132</td><td>129</td><td>143</td><td>159</td><td>154</td><td>153</td><td>177</td><td>200</td><td>219</td><td>287</td></tr><tr><td>Social Security Act (grants and administrative expenses) 2/.</td><td>45</td><td>24</td><td>20</td><td>41</td><td>38</td><td>27</td><td>47</td><td>29</td><td>12</td><td>64</td><td>34</td><td>17</td><td>57</td></tr><tr><td>Interest on the public debt.</td><td>65</td><td>12</td><td>185</td><td>15</td><td>16</td><td>142</td><td>66</td><td>7</td><td>192</td><td>16</td><td>16</td><td>144</td><td>69</td></tr><tr><td>Public Works.</td><td>101</td><td>95</td><td>94</td><td>82</td><td>69</td><td>77</td><td>79</td><td>73</td><td>81</td><td>70</td><td>78</td><td>72</td><td>93</td></tr><tr><td>Agricultural aid 3/.</td><td>102</td><td>129</td><td>121</td><td>138</td><td>147</td><td>140</td><td>112</td><td>95</td><td>64</td><td>66</td><td>61</td><td>28</td><td>-28</td></tr><tr><td>National Youth administration.</td><td>6</td><td>8</td><td>10</td><td>10</td><td>9</td><td>10</td><td>11</td><td>10</td><td>9</td><td>7</td><td>6</td><td>6</td><td>7</td></tr><tr><td>Works Projects Administration.</td><td>113</td><td>112</td><td>124</td><td>120</td><td>113</td><td>134</td><td>133</td><td>128</td><td>113</td><td>110</td><td>109</td><td>104</td><td>111</td></tr><tr><td>Other.</td><td>159</td><td>138</td><td>138</td><td>156</td><td>134</td><td>143</td><td>153</td><td>144</td><td>150</td><td>191</td><td>173</td><td>155</td><td>269</td></tr><tr><td>Subtotal.</td><td>706</td><td>636</td><td>817</td><td>694</td><td>655</td><td>816</td><td>760</td><td>640</td><td>774</td><td>701</td><td>677</td><td>745</td><td>865</td></tr><tr><td>Trust funds, etc.:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reconstruction Finance Corporation.</td><td>10</td><td>-22</td><td>-6</td><td>-20</td><td>-6</td><td>-5</td><td>-6</td><td>-9</td><td>13</td><td>24</td><td>-1</td><td>-18</td><td>-7</td></tr><tr><td>Commodity Credit Corporation.</td><td>19</td><td>25</td><td>11</td><td>-6</td><td>-3</td><td>-4</td><td>-4</td><td>-</td><td>1</td><td>10</td><td>146</td><td>-1 r</td><td>21</td></tr><tr><td>Unemployment trust fund.</td><td>24</td><td>30</td><td>32</td><td>43</td><td>45</td><td>47</td><td>45</td><td>58</td><td>54</td><td>57</td><td>53</td><td>38</td><td>34</td></tr><tr><td>Federal Old-Age and Survivors</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Insurance Trust Fund.</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td><td>2</td><td>2</td><td>3</td><td>3</td><td>4</td><td>4</td><td>5</td></tr><tr><td>Railroad retirement account.</td><td>9</td><td>9</td><td>9</td><td>9</td><td>9</td><td>10</td><td>10</td><td>10</td><td>10</td><td>10</td><td>10</td><td>10</td><td>10</td></tr><tr><td>Other.</td><td>10</td><td>-14</td><td>82</td><td>5</td><td>-23</td><td>-15</td><td>-16</td><td>-11</td><td>26</td><td>-2</td><td>-21</td><td>51</td><td>36</td></tr><tr><td>Subtotal.</td><td>73</td><td>29</td><td>129</td><td>32</td><td>23</td><td>34</td><td>31</td><td>50</td><td>107</td><td>102</td><td>191</td><td>84</td><td>99</td></tr><tr><td>Redemption of adjusted service bonds.</td><td>2</td><td>2</td><td>1</td><td>-</td><td>1</td><td>1</td><td>1</td><td>1</td><td>4</td><td>3</td><td>2</td><td>2</td><td>2</td></tr><tr><td>Total cash outgo.</td><td>781</td><td>667</td><td>947</td><td>726</td><td>679</td><td>851</td><td>792</td><td>691</td><td>885</td><td>806</td><td>870</td><td>831</td><td>966</td></tr><tr><td>EXCESS OF CASH OUTGO.</td><td>382</td><td>100</td><td>332</td><td>328</td><td>65</td><td>-138</td><td>407</td><td>130</td><td>104</td><td>357</td><td>146</td><td>75</td><td>518</td></tr></table>
Revised to reflect adjustment.
These figures are not intended to reflect the budgetary position of the Government. They will not agree with budgetary figures on receipts, expenditures and deficit such as those appearing in Daily Treasury Statements and in other tables in this Bulletin. For an explanation of the revisions made in Daily Treasury Statement figures to arrive at this cash series, see the text in Feb. 1939 Bulletin.
Includes refunds of taxes.
Comprises Agricultural adjustment program, Commodity Credit Corporation, Farm Credit Administration, Federal Farm Mortgage Corporation, Federal land banks, Farm Security Administration and Farm Tenant Act.
Total Cash Income and Outgo, by Months
(In millions of dollars)
<table><tr><th></th><th>Jan.</th><th>Feb.</th><th>Mar.</th><th>Apr.</th><th>May</th><th>June</th><th>July</th><th>Aug.</th><th>Sept.</th><th>Oct.</th><th>Nov.</th><th>Dec.</th><th>Total</th></tr><tr><td>Cash income</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1935</td><td>229</td><td>231</td><td>621</td><td>249</td><td>261</td><td>479</td><td>278</td><td>320</td><td>440</td><td>260</td><td>226</td><td>453</td><td>4,047</td></tr><tr><td>1936</td><td>249</td><td>240</td><td>771</td><td>255</td><td>249</td><td>542</td><td>311</td><td>362</td><td>522</td><td>299</td><td>259</td><td>547</td><td>4,606</td></tr><tr><td>1937</td><td>303</td><td>326</td><td>1,115</td><td>421</td><td>390</td><td>925</td><td>438</td><td>541</td><td>852</td><td>389</td><td>433</td><td>930</td><td>7,063</td></tr><tr><td>1938</td><td>395</td><td>460</td><td>1,038</td><td>319</td><td>519</td><td>824</td><td>365</td><td>632</td><td>767</td><td>395</td><td>521</td><td>757</td><td>6,992</td></tr><tr><td>1939</td><td>364</td><td>581</td><td>796</td><td>323</td><td>552</td><td>644</td><td>369</td><td>589</td><td>752</td><td>399</td><td>567</td><td>615</td><td>6,551</td></tr><tr><td>1940</td><td>398</td><td>614</td><td>989</td><td>385</td><td>561</td><td>781</td><td>449</td><td>724</td><td>756</td><td>448</td><td></td><td></td><td></td></tr><tr><td>Cash outgo</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1935</td><td>468</td><td>530</td><td>577</td><td>633</td><td>551</td><td>737</td><td>614</td><td>561</td><td>610</td><td>658</td><td>474</td><td>632</td><td>7,045</td></tr><tr><td>1936</td><td>431</td><td>489</td><td>621</td><td>650</td><td>549</td><td>1,600</td><td>919</td><td>707</td><td>736</td><td>762</td><td>602</td><td>676</td><td>8,742</td></tr><tr><td>1937</td><td>476</td><td>550</td><td>791</td><td>720</td><td>542</td><td>758</td><td>558</td><td>566</td><td>649</td><td>582</td><td>523</td><td>679</td><td>7,394</td></tr><tr><td>1938</td><td>537</td><td>481</td><td>745</td><td>774</td><td>665</td><td>834</td><td>589</td><td>783</td><td>852</td><td>829</td><td>702</td><td>894</td><td>8,685</td></tr><tr><td>1939</td><td>728</td><td>669</td><td>834</td><td>730</td><td>750</td><td>843</td><td>652</td><td>989</td><td>891</td><td>781</td><td>667</td><td>947</td><td>9,481</td></tr><tr><td>1940</td><td>726</td><td>679</td><td>851</td><td>792</td><td>691</td><td>885</td><td>806</td><td>870</td><td>831</td><td>966</td><td></td><td></td><td></td></tr><tr><td>Excess of cash outgo</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1935</td><td>239</td><td>299</td><td>-144</td><td>384</td><td>290</td><td>258</td><td>336</td><td>241</td><td>170</td><td>398</td><td>248</td><td>179</td><td>2,998</td></tr><tr><td>1936</td><td>182</td><td>249</td><td>-150</td><td>395</td><td>300</td><td>1,058</td><td>608</td><td>345</td><td>214</td><td>463</td><td>343</td><td>129</td><td>4,136</td></tr><tr><td>1937</td><td>173</td><td>224</td><td>-324</td><td>299</td><td>152</td><td>-167</td><td>120</td><td>25</td><td>-203</td><td>193</td><td>90</td><td>-251</td><td>331</td></tr><tr><td>1938</td><td>142</td><td>21</td><td>-293</td><td>455</td><td>146</td><td>10</td><td>224</td><td>151</td><td>85</td><td>434</td><td>181</td><td>137</td><td>1,693</td></tr><tr><td>1939</td><td>364</td><td>88</td><td>38</td><td>407</td><td>198</td><td>199</td><td>283</td><td>400</td><td>139</td><td>382</td><td>100</td><td>332</td><td>2,930</td></tr><tr><td>1940</td><td>328</td><td>65</td><td>-138</td><td>407</td><td>130</td><td>104</td><td>357</td><td>146</td><td>75</td><td>518</td><td></td><td></td><td></td></tr></table>
CASH INCOME AND OUTGO AND NET CASH OUTGO
January 1935 to Date
14
TREASURY GENERAL FUND AND PUBLIC DEBT
-15-
16
Composition of General Fund
(In millions of dollars)
<table><tr><th>End of fiscal year or month</th><th colspan="4">Balance</th><th colspan="5">Current assets</th><th>Current liabilities</th></tr><tr><th></th><th>Total</th><th>Working balance</th><th>Seigniorage</th><th>increase on gold</th><th>Inactive gold</th><th>Total</th><th>Bullion, coins and currency</th><th>Deposits in Federal Reserve Banks</th><th>Special deposits account of sales of Government securities</th><th>All other deposits and collections</th><th></th></tr><tr><td>1933</td><td>862</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,103</td><td>184</td><td>51</td><td>837</td><td>31</td><td>241</td></tr><tr><td>1934</td><td>2,582</td><td>-</td><td>-</td><td>-</td><td>-</td><td>3,033</td><td>1,045</td><td>97</td><td>1,854</td><td>37</td><td>451</td></tr><tr><td>1935</td><td>1,811</td><td>1,001</td><td>140</td><td>700</td><td>-</td><td>2,016</td><td>1,044</td><td>118</td><td>799</td><td>55</td><td>175</td></tr><tr><td>1936</td><td>2,582</td><td>2,225</td><td>316</td><td>141</td><td>-</td><td>2,936</td><td>865</td><td>862</td><td>1,151</td><td>58</td><td>254</td></tr><tr><td>1937</td><td>2,554</td><td>970</td><td>356</td><td>141</td><td>1,087</td><td>2,709</td><td>1,863</td><td>141</td><td>649</td><td>55</td><td>156</td></tr><tr><td>1938</td><td>2,216</td><td>1,628</td><td>446</td><td>142</td><td>-</td><td>2,419</td><td>830</td><td>929</td><td>611</td><td>49</td><td>203</td></tr><tr><td>1939</td><td>2,838</td><td>2,160</td><td>536</td><td>142</td><td>-</td><td>3,087</td><td>1,212</td><td>1,022</td><td>777</td><td>76</td><td>249</td></tr><tr><td>1940</td><td>1,891</td><td>1,163</td><td>505</td><td>143</td><td>-</td><td>2,038</td><td>891</td><td>254</td><td>805</td><td>88</td><td>147</td></tr><tr><td>1939-Oct.</td><td>1,913</td><td>1,213</td><td>558</td><td>142</td><td>-</td><td>2,077</td><td>922</td><td>318</td><td>756</td><td>81</td><td>164</td></tr><tr><td>Nov.</td><td>2,155</td><td>1,462</td><td>561</td><td>142</td><td>-</td><td>2,350</td><td>1,042</td><td>471</td><td>755</td><td>82</td><td>185</td></tr><tr><td>Dec.</td><td>2,476</td><td>1,768</td><td>565</td><td>143</td><td>-</td><td>2,666</td><td>1,086</td><td>673</td><td>825</td><td>83</td><td>190</td></tr><tr><td>1940-Jan.</td><td>2,282</td><td>1,571</td><td>568</td><td>143</td><td>-</td><td>2,463</td><td>1,044</td><td>517</td><td>816</td><td>86</td><td>181</td></tr><tr><td>Feb.</td><td>2,350</td><td>1,634</td><td>573</td><td>143</td><td>-</td><td>2,543</td><td>1,060</td><td>589</td><td>815</td><td>79</td><td>194</td></tr><tr><td>Mar.</td><td>2,514</td><td>1,794</td><td>577</td><td>143</td><td>-</td><td>2,696</td><td>1,063</td><td>734</td><td>814</td><td>85</td><td>182</td></tr><tr><td>Apr.</td><td>2,210</td><td>1,486</td><td>581</td><td>143</td><td>-</td><td>2,382</td><td>1,019</td><td>463</td><td>813</td><td>87</td><td>172</td></tr><tr><td>May</td><td>2,030</td><td>1,303</td><td>584</td><td>143</td><td>-</td><td>2,234</td><td>901</td><td>438</td><td>813</td><td>81</td><td>204</td></tr><tr><td>June</td><td>1,891</td><td>1,163</td><td>585</td><td>143</td><td>-</td><td>2,038</td><td>891</td><td>254</td><td>805</td><td>88</td><td>147</td></tr><tr><td>July</td><td>2,258</td><td>1,527</td><td>588</td><td>143</td><td>-</td><td>2,414</td><td>963</td><td>639</td><td>718</td><td>94</td><td>156</td></tr><tr><td>Aug.</td><td>2,454</td><td>1,720</td><td>591</td><td>143</td><td>-</td><td>2,611</td><td>992</td><td>815</td><td>717</td><td>87</td><td>157</td></tr><tr><td>Sept.</td><td>2,415</td><td>1,680</td><td>592</td><td>143</td><td>-</td><td>2,566</td><td>1,003</td><td>759</td><td>715</td><td>88</td><td>151</td></tr><tr><td>Oct.</td><td>1,920</td><td>1,183</td><td>594</td><td>143</td><td>-</td><td>2,101</td><td>904</td><td>391</td><td>713</td><td>93</td><td>181</td></tr></table>
Source: Daily Treasury Statements.
Statement of the Outstanding Public Debt on June 30, 1940 and October 31, 1940
(In millions of dollars)
<table><tr><th></th><th>June 30, 1940</th><th>Oct. 31, 1940</th><th>Change</th><th></th><th>June 30, 1940</th><th>Oct. 31, 1940</th><th>Change</th></tr><tr><td>Market issues, etc.:</td><td></td><td></td><td></td><td>Special issues:</td><td></td><td></td><td></td></tr><tr><td>Pre- and Postal Savings bonds.</td><td>196</td><td>196</td><td>-</td><td>Congress Life Insurance Fund....</td><td>524</td><td>506</td><td>-18</td></tr><tr><td>Treasury bonds.</td><td>26,555</td><td>27,960</td><td>+1,405</td><td>Federal Old-Age and Survivors</td><td></td><td></td><td></td></tr><tr><td>U. S. Savings bonds.</td><td>2,905</td><td>3,084</td><td>+179</td><td>Insurance Trust Fund.</td><td>1,738</td><td>1,871</td><td>+133</td></tr><tr><td>Adjusted Service bonds.</td><td>261</td><td>252</td><td>-9</td><td>Railroad Retirement Account.</td><td>80</td><td>85</td><td>+5</td></tr><tr><td>Treasury notes.</td><td>6,383</td><td>5,660</td><td>-723</td><td>Government retirement funds.</td><td>559</td><td>641</td><td>+82</td></tr><tr><td>Treasury bills.</td><td>1,302</td><td>1,307</td><td>+5</td><td>Adjusted Service Certificate</td><td></td><td></td><td></td></tr><tr><td>Matured debt on which</td><td></td><td></td><td></td><td>Fund.</td><td>11</td><td>10</td><td>-1</td></tr><tr><td>interest has ceased.</td><td>205</td><td>197</td><td>-8</td><td>Unemployment Trust Fund.</td><td>1,710</td><td>1,821</td><td>+111</td></tr><tr><td>Debt bearing no interest.</td><td>386</td><td>380</td><td>-6</td><td>Postal Savings System.</td><td>97</td><td>97</td><td>-</td></tr><tr><td>Total Market issues, etc.</td><td>38,193</td><td>39,036</td><td>+843</td><td>Federal Deposit Insurance</td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td>Corporation.</td><td>56</td><td>70</td><td>+14</td></tr><tr><td></td><td></td><td></td><td></td><td>Total Special issues.</td><td>4,775</td><td>5,101</td><td>+326</td></tr><tr><td></td><td></td><td></td><td></td><td>Total public debt.</td><td>42,968</td><td>44,137</td><td>+1,169</td></tr></table>
Source: Daily Treasury Statements.
Public Debt Accounts
(In millions of dollars)
<table><tr><th>Fiscal year or month</th><th colspan="4">Receipts</th><th colspan="4">Expenditures</th><th>Excess of Receipts</th></tr><tr><th></th><th>Total</th><th>Cash</th><th>Adjusted Service Bonds</th><th>Exchanges</th><th>Special Series</th><th>Total</th><th>Cash</th><th>Exchanges</th><th>Special Series</th></tr><tr><td>1938</td><td>9,620.7</td><td>4,175.7</td><td>12.7</td><td>2,673.8</td><td>2,158.5</td><td>8,880.6</td><td>5,166.0</td><td>2,673.8</td><td>1,040.8</td><td>740.1</td></tr><tr><td>1939</td><td>13,083.6</td><td>7,475.1</td><td>6.5</td><td>3,034.9</td><td>2,567.1</td><td>9,806.8</td><td>5,301.0</td><td>3,034.9</td><td>1,472.9</td><td>3,274.2</td></tr><tr><td>1940</td><td>13,165.6</td><td>7,194.4</td><td>8.4</td><td>2,812.0</td><td>3,150.8</td><td>10,637.6</td><td>5,679.8</td><td>2,812.0</td><td>2,145.8</td><td>2,528.0</td></tr><tr><td>1939-October</td><td>606.5</td><td>551.0</td><td>.5</td><td>-</td><td>55.0</td><td>428.2</td><td>419.2</td><td>-</td><td>9.0</td><td>178.4</td></tr><tr><td>November</td><td>1,211.2</td><td>607.6</td><td>.6</td><td>515.2</td><td>188.4</td><td>1,042.8</td><td>524.2</td><td>515.2</td><td>2.8</td><td>269.0</td></tr><tr><td>December</td><td>2,521.1</td><td>1,122.7</td><td>1.4</td><td>1,301.0</td><td>96.0</td><td>1,883.7</td><td>423.3</td><td>1,301.0</td><td>159.4</td><td>637.4</td></tr><tr><td>1940-January</td><td>844.6</td><td>792.2</td><td>2.0</td><td>.1</td><td>50.3</td><td>677.3</td><td>651.1</td><td>.1</td><td>26.1</td><td>167.3</td></tr><tr><td>February</td><td>652.0</td><td>548.4</td><td>.6</td><td>-</td><td>103.0</td><td>396.4</td><td>393.6</td><td>-</td><td>2.8</td><td>255.6</td></tr><tr><td>March</td><td>1,385.8</td><td>519.2</td><td>.6</td><td>718.0</td><td>148.0</td><td>1,211.2</td><td>460.1</td><td>718.0</td><td>32.9</td><td>174.6</td></tr><tr><td>April</td><td>576.5</td><td>523.0</td><td>.5</td><td>-</td><td>53.0</td><td>458.7</td><td>431.3</td><td>-</td><td>27.4</td><td>117.8</td></tr><tr><td>May</td><td>656.0</td><td>564.7</td><td>.3</td><td>-</td><td>91.0</td><td>506.0</td><td>503.3</td><td>-</td><td>2.7</td><td>150.0</td></tr><tr><td>June</td><td>2,705.2</td><td>450.0</td><td>.3</td><td>277.1</td><td>1,977.2</td><td>2,545.4</td><td>480.7</td><td>277.1</td><td>1,787.0</td><td>159.8</td></tr><tr><td>July</td><td>1,376.9</td><td>1,245.9</td><td>.3</td><td>1.7</td><td>129.0</td><td>573.9</td><td>521.7</td><td>1.7</td><td>50.5</td><td>803.0</td></tr><tr><td>August</td><td>554.8</td><td>463.4</td><td>.3</td><td>-</td><td>91.1</td><td>420.1</td><td>409.3</td><td>-</td><td>10.8</td><td>134.7</td></tr><tr><td>September</td><td>613.9</td><td>447.6</td><td>.2</td><td>-</td><td>166.0</td><td>446.2</td><td>409.7</td><td>-</td><td>36.4</td><td>167.7</td></tr><tr><td>October</td><td>1,337.5</td><td>557.6</td><td>.2</td><td>724.7</td><td>55.0</td><td>1,273.2</td><td>531.7</td><td>724.7</td><td>16.8</td><td>64.3</td></tr></table>
Source: Daily Treasury Statements.
17
Holdings of Direct and Guaranteed Interest-Bearing Obligations of the United States Government
(In millions of dollars)
<table><tr><th>End of fiscal year or month</th><th colspan="3">Government agencies and trust funds</th><th colspan="3">Other holders</th><th rowspan="2">Total unmatured direct obligations outstanding</th><th colspan="3">Guaranteed obligations 1/</th></tr><tr><th></th><th>Special issues</th><th>U. S. Savings Bonds, 3% Adjusted Service Bonds of 1945, and 2 3/4 Postal Savings Bonds 2/</th><th>Market issues</th><th>Federal Reserve Banks</th><th>U. S. Savings Bonds and 3% Adjusted Service Bonds of 1945</th><th>Market issues otherwise held 3/</th><th>Government agencies and trust funds and Federal Reserve Banks</th><th>Market issues otherwise held</th><th>Total unmatured guaranteed obligations outstanding</th></tr><tr><td>1933</td><td>323</td><td>14</td><td>352</td><td>1,998</td><td>-</td><td>19,471</td><td>22,158</td><td>-</td><td>526</td><td>681</td></tr><tr><td>1934</td><td>396</td><td>15</td><td>885</td><td>2,430</td><td>-</td><td>22,754</td><td>26,480</td><td>155</td><td>3,745</td><td>4,123</td></tr><tr><td>1935</td><td>633</td><td>17</td><td>970</td><td>2,430</td><td>62</td><td>23,533</td><td>27,045</td><td>378</td><td>4,326</td><td>4,718</td></tr><tr><td>1936</td><td>626</td><td>20</td><td>1,291</td><td>2,430</td><td>1,261</td><td>27,361</td><td>32,989</td><td>392</td><td>4,284</td><td>4,665</td></tr><tr><td>1937</td><td>1,558</td><td>22</td><td>1,633</td><td>2,526</td><td>1,188</td><td>28,873</td><td>35,800</td><td>381</td><td>4,509</td><td>4,853</td></tr><tr><td>1938</td><td>2,676</td><td>25</td><td>1,754</td><td>2,564</td><td>1,556</td><td>28,001</td><td>36,576</td><td>344</td><td>5,155</td><td>5,450</td></tr><tr><td>1939</td><td>3,770</td><td>27</td><td>1,816</td><td>2,551</td><td>2,151</td><td>29,571</td><td>39,886</td><td>295</td><td>5,209</td><td>5,498</td></tr><tr><td>1940</td><td>4,775</td><td>29</td><td>2,013</td><td>2,463</td><td>3,166</td><td>29,931</td><td>42,377</td><td>289</td><td>5,209</td><td>5,498</td></tr><tr><td>1939-Oct.</td><td>4,109</td><td>28</td><td>1,887</td><td>2,669</td><td>2,365</td><td>29,468</td><td>40,526</td><td>348</td><td>5,008</td><td>5,356</td></tr><tr><td>Nov.</td><td>4,295</td><td>28</td><td>1,395</td><td>2,526</td><td>2,412</td><td>29,651</td><td>40,807</td><td>305</td><td>5,316</td><td>5,621</td></tr><tr><td>Dec.</td><td>4,231</td><td>28</td><td>2,017</td><td>2,472</td><td>2,480</td><td>30,217</td><td>41,445</td><td>290</td><td>5,331</td><td>5,621</td></tr><tr><td>1940-Jan.</td><td>4,256</td><td>28</td><td>2,027</td><td>2,465</td><td>2,744</td><td>30,081</td><td>41,601</td><td>290</td><td>5,331</td><td>5,621</td></tr><tr><td>Feb.</td><td>4,356</td><td>29</td><td>2,009</td><td>2,465</td><td>2,879</td><td>30,101</td><td>41,939</td><td>290</td><td>5,331</td><td>5,621</td></tr><tr><td>Mar.</td><td>4,471</td><td>29</td><td>2,014</td><td>2,463</td><td>2,975</td><td>30,031</td><td>41,983</td><td>291</td><td>5,333</td><td>5,624</td></tr><tr><td>Apr.</td><td>4,496</td><td>29</td><td>2,007</td><td>2,456</td><td>3,085</td><td>30,044</td><td>42,117</td><td>289</td><td>5,335</td><td>5,624</td></tr><tr><td>May.</td><td>4,585</td><td>29</td><td>2,009</td><td>2,467</td><td>3,134</td><td>30,029</td><td>42,253</td><td>289</td><td>5,208</td><td>5,497</td></tr><tr><td>June.</td><td>4,775</td><td>29</td><td>2,013</td><td>2,463</td><td>3,166</td><td>29,931</td><td>42,377</td><td>289</td><td>5,209</td><td>5,498</td></tr><tr><td>July.</td><td>4,853</td><td>30</td><td>2,029</td><td>2,441</td><td>3,224</td><td>30,609</td><td>43,186</td><td>286</td><td>5,213</td><td>5,499</td></tr><tr><td>Aug.</td><td>4,934</td><td>30</td><td>2,010</td><td>2,435</td><td>3,264</td><td>30,644</td><td>43,317</td><td>287</td><td>5,501</td><td>5,788</td></tr><tr><td>Sept.</td><td>5,063</td><td>30</td><td>1,989</td><td>2,417</td><td>3,298</td><td>30,683</td><td>43,480</td><td>286</td><td>5,501</td><td>5,787</td></tr><tr><td>Oct. 4/</td><td>5,101</td><td>30</td><td>1,984</td><td>2,328</td><td>3,336</td><td>30,781</td><td>43,560</td><td>284</td><td>5,506</td><td>5,790</td></tr></table>
Sources: Holdings of Government agencies and trust funds, on basis of their accounts with the Treasury, excluding matured obligations for which deposit has been made with the Treasurer of the United States for their redemption; holdings of Federal Reserve banks on basis of their statements; other figures on basis of Daily Treasury Statements.
Note: This table has been revised to conform with the latest figures made available to the Treasury and to place it on the basis of Daily Treasury Statements.
1/ Excludes obligations sold directly to the Treasury.
2/ Includes 247 Postal Savings bonds held by the Postal Savings System.
3/ Includes 264 Postal Savings bonds held other than by Government agencies and trust funds.
4/ Figures partly estimated.
Net Market Purchases or Sales of Government Securities for Treasury Investment Accounts
(In millions of dollars)
<table><tr><th></th><th colspan="10">Purchases or sales (-)</th></tr><tr><th></th><th>Jan.</th><th>Feb.</th><th>Mar.</th><th>Apr.</th><th>May</th><th>June</th><th>July</th><th>Aug.</th><th>Sept.</th><th>Oct.</th><th>Nov.</th><th>Dec.</th></tr><tr><td>1936</td><td>18.5</td><td>4.5</td><td>32.7</td><td>19.0</td><td>15.8</td><td>30.5</td><td>15.5</td><td>3.8</td><td>47.4</td><td>27.0</td><td>5.9</td><td>24.0</td></tr><tr><td>1937</td><td>14.4</td><td>5.7</td><td>119.6</td><td>11.9</td><td>3.9</td><td>24.4</td><td>4.8</td><td>12.5</td><td>8.9</td><td>3.7</td><td>2.0</td><td>-15.4</td></tr><tr><td>1938</td><td>-12.0</td><td>-3.0</td><td>23.3</td><td>2.5</td><td>-4.9</td><td>.8</td><td>1.2</td><td>-3.9</td><td>38.5</td><td>1.0</td><td>.4</td><td>6.5</td></tr><tr><td>1939</td><td>1.5</td><td>.1</td><td>-12.5</td><td>-37.1</td><td>-40.4</td><td>5.0</td><td>3.0</td><td>3.3</td><td>71.9</td><td>-1.2</td><td>-2.3</td><td>-3.2</td></tr><tr><td>1940</td><td>-9.5</td><td>-20.9</td><td>-5.7</td><td>-1.5</td><td>.4</td><td>.9</td><td>-</td><td>-</td><td>-3</td><td>-4.4</td><td></td><td></td></tr></table>
Composition of the Public Debt
(In millions of dollars)
<table><tr><th rowspan="2">End of fiscal year or month</th><th colspan="9">Gross debt</th><th rowspan="2">Matured debt</th><th rowspan="2">Non-interest-bearing debt</th></tr><tr><th>Total</th><th colspan="2">Bonds</th><th colspan="2">Notes</th><th colspan="2">Bills and certificates of indebtedness</th><th colspan="2">Special issues</th></tr><tr><th></th><th>Total</th><th>Amount</th><th>% of total interest-bearing debt</th><th>Amount</th><th>% of total interest-bearing debt</th><th>Amount</th><th>% of total interest-bearing debt</th><th>Amount</th><th>% of total interest-bearing debt</th></tr><tr><td>1933</td><td>22,539</td><td>22,158</td><td>14,223</td><td>64.2</td><td>4,548</td><td>20.5</td><td>3,063</td><td>13.8</td><td>323</td><td>1.5</td><td>66</td><td>315</td></tr><tr><td>1934</td><td>27,053</td><td>26,480</td><td>16,510</td><td>62.4</td><td>6,653</td><td>25.1</td><td>2,921</td><td>11.0</td><td>396</td><td>1.5</td><td>54</td><td>518</td></tr><tr><td>1935</td><td>28,701</td><td>27,045</td><td>14,936</td><td>54.0</td><td>10,023</td><td>36.3</td><td>2,053</td><td>7.4</td><td>633</td><td>2.3</td><td>231</td><td>825</td></tr><tr><td>1936</td><td>33,779</td><td>32,989</td><td>18,628</td><td>56.5</td><td>11,381</td><td>34.5</td><td>2,354</td><td>7.1</td><td>626</td><td>1.9</td><td>169</td><td>620</td></tr><tr><td>1937</td><td>36,425</td><td>35,900</td><td>21,322</td><td>59.6</td><td>10,617</td><td>29.7</td><td>2,304</td><td>6.4</td><td>1,558</td><td>4.3</td><td>119</td><td>506</td></tr><tr><td>1938</td><td>37,165</td><td>36,576</td><td>23,599</td><td>64.5</td><td>9,147</td><td>25.0</td><td>1,154</td><td>3.2</td><td>2,676</td><td>7.3</td><td>141</td><td>417</td></tr><tr><td>1939</td><td>40,439</td><td>39,886</td><td>27,565</td><td>69.1</td><td>7,243</td><td>18.2</td><td>1,308</td><td>3.3</td><td>3,770</td><td>9.5</td><td>142</td><td>411</td></tr><tr><td>1940</td><td>42,968</td><td>42,377</td><td>29,917</td><td>70.6</td><td>6,383</td><td>15.1</td><td>1,302</td><td>3.1</td><td>4,775</td><td>11.3</td><td>205</td><td>386</td></tr><tr><td>1939-Oct.</td><td>41,036</td><td>40,526</td><td>27,780</td><td>68.5</td><td>7,232</td><td>17.8</td><td>1,405</td><td>3.5</td><td>4,109</td><td>10.1</td><td>109</td><td>401</td></tr><tr><td>Nov.</td><td>41,305</td><td>40,807</td><td>27,826</td><td>68.2</td><td>7,232</td><td>17.7</td><td>1,454</td><td>3.6</td><td>4,295</td><td>10.5</td><td>95</td><td>400</td></tr><tr><td>Dec.</td><td>41,942</td><td>41,445</td><td>29,557</td><td>71.3</td><td>6,203</td><td>15.0</td><td>1,455</td><td>3.5</td><td>4,231</td><td>10.2</td><td>98</td><td>398</td></tr><tr><td>1940-Jan.</td><td>42,110</td><td>41,601</td><td>29,835</td><td>71.7</td><td>6,203</td><td>14.9</td><td>1,307</td><td>3.1</td><td>4,256</td><td>10.2</td><td>114</td><td>395</td></tr><tr><td>Feb.</td><td>42,365</td><td>41,839</td><td>29,973</td><td>71.6</td><td>6,203</td><td>14.8</td><td>1,308</td><td>3.1</td><td>4,356</td><td>10.4</td><td>132</td><td>394</td></tr><tr><td>Mar.</td><td>42,540</td><td>41,983</td><td>30,079</td><td>71.6</td><td>6,125</td><td>14.6</td><td>1,308</td><td>3.1</td><td>4,471</td><td>10.5</td><td>165</td><td>392</td></tr><tr><td>Apr.</td><td>42,658</td><td>42,117</td><td>30,189</td><td>71.7</td><td>6,125</td><td>14.5</td><td>1,307</td><td>3.1</td><td>4,496</td><td>10.7</td><td>150</td><td>391</td></tr><tr><td>May.</td><td>42,808</td><td>42,253</td><td>30,238</td><td>71.6</td><td>6,125</td><td>14.5</td><td>1,304</td><td>3.1</td><td>4,585</td><td>10.9</td><td>167</td><td>389</td></tr><tr><td>June.</td><td>42,968</td><td>42,377</td><td>29,917</td><td>70.6</td><td>6,383</td><td>15.1</td><td>1,302</td><td>3.1</td><td>4,775</td><td>11.3</td><td>205</td><td>386</td></tr><tr><td>July</td><td>43,771</td><td>43,186</td><td>30,547</td><td>70.9</td><td>6,384</td><td>14.8</td><td>1,302</td><td>3.0</td><td>4,853</td><td>11.2</td><td>198</td><td>386</td></tr><tr><td>Aug.</td><td>43,905</td><td>43,317</td><td>30,696</td><td>70.9</td><td>6,384</td><td>14.7</td><td>1,303</td><td>3.0</td><td>4,934</td><td>11.4</td><td>205</td><td>383</td></tr><tr><td>Sept.</td><td>44,073</td><td>43,480</td><td>30,730</td><td>70.7</td><td>6,384</td><td>14.7</td><td>1,303</td><td>3.0</td><td>5,063</td><td>11.6</td><td>212</td><td>381</td></tr><tr><td>Oct.</td><td>44,137</td><td>43,560</td><td>31,492</td><td>72.3</td><td>5,660</td><td>13.0</td><td>1,307</td><td>3.0</td><td>5,101</td><td>11.7</td><td>197</td><td>380</td></tr></table>
Source: Daily Treasury Statements
INTEREST-BEARING COMPOSITION OF PUBLIC DEBT OUTSTANDING
Daily Statement Basis
18
19
Statement Showing Details of Major Financing Operations of the Treasury for Fiscal Years 1938, 1939, 1940 and 1941
(in millions of dollars)
<table><tr><th rowspan="2">Date of issue</th><th rowspan="2">Rate per cent</th><th rowspan="2">Term</th><th rowspan="2">Call and maturity dates</th><th colspan="2">Amount issued</th><th rowspan="2">Amount of cash subscriptions tendered</th><th colspan="6">New securities allotted in exchange for</th></tr><tr><th>Treasury bonds</th><th>Treasury notes and certificates</th><th>For cash</th><th>Amount of exchanges Treasury bonds</th><th>Treasury notes and certificates</th><th>Date of issue</th><th>Rate per cent</th><th>Call or maturity date</th></tr><tr><td>1937-Sept. 15. 1-1/4</td><td>1 yr. 3 mos.</td><td>Dec. 15, 1938</td><td>-</td><td>433</td><td>-</td><td>-</td><td>-</td><td>433</td><td>Sept. 15, 1932</td><td>3-1/4</td><td>Sept. 15, 1937</td></tr><tr><td>Sept. 15. 2</td><td>5 years</td><td>Sept. 15, 1942</td><td>-</td><td>342</td><td>-</td><td>-</td><td>-</td><td>342</td><td>Sept. 15, 1932</td><td>3-1/4</td><td>Sept. 15, 1937</td></tr><tr><td>Dec. 15. 2-1/2</td><td>8 years</td><td>Dec. 15, 1945</td><td>541</td><td>-</td><td>4,084</td><td>294</td><td>-</td><td>247</td><td>Feb. 1, 1933</td><td>2-5/8</td><td>Feb. 1, 1938</td></tr><tr><td>Dec. 15. 1-3/4</td><td>5 years</td><td>Dec. 15, 1942</td><td>-</td><td>232</td><td>2,702</td><td>219</td><td>-</td><td>13</td><td>Feb. 1, 1933</td><td>2-5/8</td><td>Feb. 1, 1938</td></tr><tr><td>1938-Mar. 15. 2-1/2</td><td>10 years 6 mos.</td><td>Sept. 15, 1948</td><td>451</td><td>-</td><td>-</td><td>-</td><td>-</td><td>451</td><td>Mar. 15, 1934</td><td>3</td><td>Mar. 15, 1938</td></tr><tr><td>June 15. 2-3/4</td><td>20-25 years</td><td>June 15, 1953 June 15, 1963</td><td>919</td><td>-</td><td>-</td><td>-</td><td>-</td><td>572 347</td><td>June 15, 1933 Sept. 15, 1934</td><td>2-7/8 2-1/2</td><td>June 15, 1938 Sept. 15, 1938</td></tr><tr><td>June 15. 1-1/8</td><td>5 years</td><td>June 15, 1943</td><td>-</td><td>268</td><td>-</td><td>-</td><td>-</td><td>36 232</td><td>June 15, 1933 Sept. 15, 1934</td><td>2-7/8 2-1/2</td><td>June 15, 1938 Sept. 15, 1938</td></tr><tr><td>Sept. 15. 2-1/2</td><td>12-14 years</td><td>Sept. 15, 1950 Sept. 15, 1952</td><td>867</td><td>-</td><td>4,487</td><td>462</td><td>-</td><td>405</td><td>Sept. 15, 1937</td><td>1-1/4</td><td>Dec. 15, 1938</td></tr><tr><td>Sept. 15. 1-1/8 (Add. 6/15/38)</td><td>5 years</td><td>June 15, 1943</td><td>-</td><td>361</td><td>3,062</td><td>342</td><td>-</td><td>19</td><td>Sept. 15, 1937</td><td>1-1/4</td><td>Dec. 15, 1938</td></tr><tr><td>Dec. 15. 2-3/4</td><td>22-27 years</td><td>Dec. 15, 1960 Dec. 15, 1965</td><td>591</td><td>-</td><td>5,732</td><td>403</td><td>-</td><td>188</td><td>Sept. 16, 1935</td><td>1-1/2</td><td>Mar. 15, 1939</td></tr><tr><td>Dec. 15. 2</td><td>9 years</td><td>Dec. 15, 1947</td><td>701</td><td>-</td><td>-</td><td>-</td><td>-</td><td>701</td><td>Sept. 16, 1935</td><td>1-1/2</td><td>Mar. 15, 1939</td></tr><tr><td>Dec. 15. 1-1/8</td><td>5 years</td><td>Dec. 15, 1943</td><td>-</td><td>368</td><td>3,647</td><td>329</td><td>-</td><td>39</td><td>Sept. 16, 1935</td><td>1-1/2</td><td>Mar. 15, 1939</td></tr><tr><td>1939-Mar. 15. 2-3/4 (Add. 12/15/38)</td><td>22-27 years</td><td>Dec. 15, 1960 Dec. 15, 1965</td><td>894</td><td>-</td><td>-</td><td>-</td><td>-</td><td>894</td><td>June 15, 1934</td><td>2-1/8</td><td>June 15, 1939</td></tr><tr><td>Mar. 15. 2-1/2 (Add. 9/15/38)</td><td>12-14 years</td><td>Sept. 15, 1950 Sept. 15, 1952</td><td>319</td><td>-</td><td>-</td><td>-</td><td>-</td><td>319</td><td>June 15, 1934</td><td>2-1/8</td><td>June 15, 1939</td></tr><tr><td>Mar. 15. 1-1/8 (Add. 12/15/38)</td><td>5 years</td><td>Dec. 15, 1943</td><td>-</td><td>53</td><td>-</td><td>-</td><td>-</td><td>53</td><td>June 15, 1934</td><td>2-1/8</td><td>June 15, 1939</td></tr><tr><td>June 15. 3/4</td><td>5 years</td><td>June 15, 1944</td><td>-</td><td>416</td><td>-</td><td>-</td><td>-</td><td>416</td><td>June 15, 1937</td><td>1-3/8</td><td>Sept. 15, 1939</td></tr><tr><td>Nov. 1. 1</td><td>4 years 4 mos.</td><td>Mar. 15, 1944</td><td>-</td><td>515</td><td>-</td><td>-</td><td>-</td><td>515</td><td>July 15, 1935</td><td>1-3/8</td><td>Dec. 15, 1939</td></tr><tr><td>Dec. 8. 2</td><td>9-11 years</td><td>Dec. 15, 1948 Dec. 15, 1950</td><td>571</td><td>-</td><td>(6,204 501/)</td><td>521 501/</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Dec. 22. 2-1/4</td><td>12-14 years</td><td>Dec. 15, 1951 Dec. 15, 1953</td><td>1,118</td><td>-</td><td>1001/</td><td>1001/</td><td>-</td><td>1,018</td><td>Mar. 15, 1935</td><td>1-5/8</td><td>Mar. 15, 1940</td></tr><tr><td>Dec. 22. 1</td><td>4 years 9 mos.</td><td>Sept. 15, 1944</td><td>-</td><td>283</td><td>-</td><td>-</td><td>-</td><td>283</td><td>Mar. 15, 1935</td><td>1-5/8</td><td>Mar. 15, 1940</td></tr><tr><td>1940-Mar. 15. 3/4</td><td>5 years</td><td>Mar. 15, 1945</td><td>-</td><td>718</td><td>-</td><td>-</td><td>-</td><td>718</td><td>June 15, 1935</td><td>1-1/2</td><td>June 15, 1940</td></tr><tr><td>June 15. 1</td><td>3 years 3 mos.</td><td>Sept. 15, 1943</td><td>-</td><td>279</td><td>-</td><td>-</td><td>279</td><td>-</td><td>July 16, 1928</td><td>3-3/8</td><td>June 15, 1940</td></tr><tr><td>July 22. 2-1/4</td><td>14-16 years</td><td>June 15, 1954 June 15, 1956</td><td>681</td><td>-</td><td>(6,605 501/)</td><td>631 501/</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Oct. 7. 2</td><td>13-15 years</td><td>June 15, 1953 June 15, 1955</td><td>725</td><td>-</td><td>-</td><td>-</td><td>-</td><td>725</td><td>Dec. 16, 1935</td><td>1-1/2</td><td>Dec. 15, 1940</td></tr></table>
Back Figures: For financings in fiscal years 1934-37 see March 1939 Bulletin, pp. 16-17. 1/ These amounts were sold to Government investment accounts direct.
Can
Treasury B1
1 Offerings since July
1, 1939
<table><tr><th>Date of issue</th><th>Date of maturity</th><th>Number of days to maturity</th><th>Total amount applied for (In millions of dollars)</th><th colspan="3">Bids accepted</th><th>Amount of maturing issues (In millions of dollars)</th></tr><tr><th></th><th></th><th></th><th></th><th>Amount (In millions of dollars)</th><th>Average price (per hundred)</th><th>Average equivalent rate 1/2 (Percent)</th><th></th></tr><tr><td>1939-July 5</td><td>1939-Oct. 4</td><td>91</td><td>282.4</td><td>100.6</td><td>99.996</td><td>0.014</td><td>100.3</td></tr><tr><td>July 12</td><td>Oct. 11</td><td>91</td><td>259.7</td><td>100.4</td><td>99.997</td><td>0.012</td><td>100.2</td></tr><tr><td>July 19</td><td>Oct. 18</td><td>91</td><td>299.7</td><td>100.9</td><td>99.996</td><td>0.015</td><td>100.4</td></tr><tr><td>July 26</td><td>Oct. 25</td><td>91</td><td>240.2</td><td>100.2</td><td>99.995</td><td>0.019</td><td>100.2</td></tr><tr><td>Aug. 2</td><td>Nov. 1</td><td>91</td><td>275.4</td><td>101.0</td><td>99.995</td><td>0.022</td><td>100.4</td></tr><tr><td>Aug. 9</td><td>Nov. 8</td><td>91</td><td>256.2</td><td>100.4</td><td>99.992</td><td>0.032</td><td>101.9</td></tr><tr><td>Aug. 16</td><td>Nov. 15</td><td>91</td><td>242.2</td><td>100.1</td><td>99.992</td><td>0.032</td><td>100.3</td></tr><tr><td>Aug. 23</td><td>Nov. 22</td><td>91</td><td>218.4</td><td>100.9</td><td>99.989</td><td>0.042</td><td>101.0</td></tr><tr><td>Aug. 30</td><td>Nov. 29</td><td>91</td><td>320.0</td><td>100.4</td><td>99.981</td><td>0.076</td><td>100.5</td></tr><tr><td>Sept. 6</td><td>Dec. 6</td><td>91</td><td>422.1</td><td>100.4</td><td>99.973</td><td>0.108</td><td>100.9</td></tr><tr><td>Sept. 13</td><td>Dec. 13</td><td>91</td><td>340.8</td><td>100.1</td><td>99.960</td><td>0.159</td><td>100.3</td></tr><tr><td>Sept. 20</td><td>Dec. 20</td><td>91</td><td>480.2</td><td>100.0</td><td>99.968</td><td>0.125</td><td>100.9</td></tr><tr><td>Sept. 27</td><td>Dec. 27</td><td>91</td><td>548.0</td><td>100.7</td><td>99.979</td><td>0.082</td><td>100.1</td></tr><tr><td>Oct. 4</td><td>1940-Jan. 3</td><td>91</td><td>434.9</td><td>100.5</td><td>99.991</td><td>0.036</td><td>100.6</td></tr><tr><td>Oct. 11</td><td>Jan. 10</td><td>91</td><td>332.0</td><td>100.2</td><td>99.995</td><td>0.022</td><td>100.4</td></tr><tr><td>Oct. 18</td><td>Jan. 17</td><td>91</td><td>495.0</td><td>150.3</td><td>99.992</td><td>0.033</td><td>100.9</td></tr><tr><td>Oct. 25</td><td>Jan. 24</td><td>91</td><td>517.7</td><td>150.2</td><td>99.993</td><td>0.027</td><td>100.2</td></tr><tr><td>Nov. 1</td><td>Jan. 31</td><td>91</td><td>457.7</td><td>150.5</td><td>99.993</td><td>0.028</td><td>101.0</td></tr><tr><td>Nov. 8</td><td>Feb. 7</td><td>91</td><td>366.3</td><td>100.3</td><td>99.996</td><td>0.017</td><td>100.4</td></tr><tr><td>Nov. 15</td><td>Feb. 14</td><td>91</td><td>335.1</td><td>100.2</td><td>99.995</td><td>0.020</td><td>100.1</td></tr><tr><td>Nov. 22</td><td>Feb. 21</td><td>91</td><td>334.0</td><td>100.2</td><td>99.995</td><td>0.018</td><td>100.9</td></tr><tr><td>Nov. 29</td><td>Feb. 28</td><td>91</td><td>309.2</td><td>100.1</td><td>99.996</td><td>0.015</td><td>100.4</td></tr><tr><td>Dec. 6</td><td>Mar. 6</td><td>91</td><td>301.3</td><td>100.9</td><td>99.996</td><td>0.016</td><td>100.4</td></tr><tr><td>Dec. 13</td><td>Mar. 13</td><td>91</td><td>224.2</td><td>100.0</td><td>99.995</td><td>0.019</td><td>100.1</td></tr><tr><td>Dec. 20</td><td>Mar. 20</td><td>91</td><td>257.1</td><td>100.2</td><td>99.996</td><td>0.018</td><td>100.0</td></tr><tr><td>Dec. 27</td><td>Mar. 27</td><td>91</td><td>320.4</td><td>101.0</td><td>99.998</td><td>0.007</td><td>100.7</td></tr><tr><td>1940-Jan. 3</td><td>Apr. 3</td><td>91</td><td>579.7</td><td>101.9</td><td>100.002</td><td>2/3</td><td>100.5</td></tr><tr><td>Jan. 10</td><td>Apr. 10</td><td>91</td><td>380.8</td><td>101.3</td><td>100.002</td><td>2/3</td><td>100.2</td></tr><tr><td>Jan. 17</td><td>Apr. 17</td><td>91</td><td>225.5</td><td>100.2</td><td>100.001</td><td>2/3</td><td>150.3</td></tr><tr><td>Jan. 24</td><td>Apr. 24</td><td>91</td><td>215.7</td><td>100.3</td><td>100.000</td><td>0.001</td><td>150.2</td></tr><tr><td>Jan. 31</td><td>May 1</td><td>91</td><td>191.0</td><td>100.2</td><td>99.999</td><td>0.004</td><td>150.5</td></tr><tr><td>Feb. 7</td><td>May 8</td><td>91</td><td>270.8</td><td>100.4</td><td>100.000</td><td>0.001</td><td>100.3</td></tr><tr><td>Feb. 14</td><td>May 15</td><td>91</td><td>223.8</td><td>100.4</td><td>99.999</td><td>0.005</td><td>100.2</td></tr><tr><td>Feb. 21</td><td>May 22</td><td>91</td><td>200.7</td><td>100.8</td><td>99.998</td><td>0.006</td><td>100.2</td></tr><tr><td>Feb. 28</td><td>May 29</td><td>91</td><td>215.8</td><td>100.5</td><td>99.999</td><td>0.005</td><td>100.1</td></tr><tr><td>Mar. 6</td><td>June 5</td><td>91</td><td>309.7</td><td>100.7</td><td>100.000</td><td>0.000</td><td>100.9</td></tr><tr><td>Mar. 13</td><td>June 12</td><td>91</td><td>337.1</td><td>100.7</td><td>100.000+</td><td>2/3</td><td>100.0</td></tr><tr><td>Mar. 20</td><td>June 19</td><td>91</td><td>323.0</td><td>100.5</td><td>100.000+</td><td>2/3</td><td>100.2</td></tr><tr><td>Mar. 27</td><td>June 26</td><td>91</td><td>289.4</td><td>100.5</td><td>100.000+</td><td>2/3</td><td>101.0</td></tr><tr><td>Apr. 3</td><td>July 3</td><td>91</td><td>235.6</td><td>100.5</td><td>100.000</td><td>0.000+</td><td>101.9</td></tr><tr><td>Apr. 10</td><td>July 10</td><td>91</td><td>263.9</td><td>100.7</td><td>100.000</td><td>0.000+</td><td>101.3</td></tr><tr><td>Apr. 17</td><td>July 17</td><td>91</td><td>196.0</td><td>100.2</td><td>100.000</td><td>0.001</td><td>100.2</td></tr><tr><td>Apr. 24</td><td>July 24</td><td>91</td><td>182.5</td><td>100.0</td><td>99.999</td><td>0.004</td><td>100.3</td></tr><tr><td>May 1</td><td>July 31</td><td>91</td><td>182.4</td><td>100.1</td><td>99.998</td><td>0.007</td><td>100.2</td></tr><tr><td>May 8</td><td>Aug. 7</td><td>91</td><td>219.1</td><td>100.0</td><td>99.998</td><td>0.008</td><td>100.4</td></tr><tr><td>May 15</td><td>Aug. 14</td><td>91</td><td>218.8</td><td>100.0</td><td>99.996</td><td>0.016</td><td>100.4</td></tr><tr><td>May 22</td><td>Aug. 21</td><td>91</td><td>169.2</td><td>100.1</td><td>99.992</td><td>0.032</td><td>100.8</td></tr><tr><td>May 29</td><td>Aug. 28</td><td>91</td><td>213.8</td><td>100.2</td><td>99.983</td><td>0.067</td><td>100.5</td></tr><tr><td>June 5</td><td>Sept. 4</td><td>91</td><td>209.2</td><td>100.0</td><td>99.977</td><td>0.089</td><td>100.7</td></tr><tr><td>June 12</td><td>Sept. 11</td><td>91</td><td>244.7</td><td>100.0</td><td>99.970</td><td>0.118</td><td>100.7</td></tr><tr><td>June 19</td><td>Sept. 18</td><td>91</td><td>247.1</td><td>100.1</td><td>99.976</td><td>0.095</td><td>100.5</td></tr><tr><td>June 26</td><td>Sept. 25</td><td>91</td><td>390.1</td><td>100.2</td><td>99.988</td><td>0.046</td><td>100.6</td></tr><tr><td>July 3</td><td>Oct. 2</td><td>91</td><td>338.0</td><td>100.3</td><td>99.994</td><td>0.024</td><td>100.5</td></tr><tr><td>July 10</td><td>Oct. 9</td><td>91</td><td>287.8</td><td>100.4</td><td>99.996</td><td>0.017</td><td>100.7</td></tr><tr><td>July 17</td><td>Oct. 16</td><td>91</td><td>247.4</td><td>100.1</td><td>99.998</td><td>0.008</td><td>100.2</td></tr><tr><td>July 24</td><td>Oct. 23</td><td>91</td><td>259.9</td><td>100.4</td><td>99.998</td><td>0.006</td><td>100.0</td></tr><tr><td>July 31</td><td>Oct. 30</td><td>91</td><td>237.6</td><td>100.4</td><td>99.999</td><td>0.004</td><td>100.1</td></tr><tr><td>Aug. 7</td><td>Nov. 6</td><td>91</td><td>209.0</td><td>100.4</td><td>99.999</td><td>0.004</td><td>100.0</td></tr><tr><td>Aug. 14</td><td>Nov. 13</td><td>91</td><td>156.3</td><td>100.1</td><td>99.998</td><td>0.007</td><td>100.0</td></tr><tr><td>Aug. 21</td><td>Nov. 20</td><td>91</td><td>211.4</td><td>100.2</td><td>99.995</td><td>0.021</td><td>100.1</td></tr><tr><td>Aug. 28</td><td>Nov. 27</td><td>91</td><td>235.8</td><td>100.0</td><td>99.993</td><td>0.028</td><td>100.2</td></tr><tr><td>Sept. 4</td><td>Dec. 4</td><td>91</td><td>212.9</td><td>100.1</td><td>99.991</td><td>0.036</td><td>100.0</td></tr><tr><td>Sept. 11</td><td>Dec. 11</td><td>91</td><td>255.5</td><td>100.1</td><td>99.990</td><td>0.038</td><td>100.0</td></tr><tr><td>Sept. 18</td><td>Dec. 18</td><td>91</td><td>283.3</td><td>100.3</td><td>99.992</td><td>0.032</td><td>100.1</td></tr><tr><td>Sept. 25</td><td>Dec. 26</td><td>92</td><td>322.1</td><td>100.0</td><td>99.997</td><td>0.013</td><td>100.2</td></tr><tr><td>Oct. 2</td><td>1941-Jan. 2</td><td>92</td><td>372.5</td><td>101.5</td><td>100.000</td><td>0.000</td><td>100.3</td></tr><tr><td>Oct. 9</td><td>Jan. 8</td><td>91</td><td>500.7</td><td>101.9</td><td>100.000+</td><td>2/3</td><td>100.4</td></tr><tr><td>Oct. 16</td><td>Jan. 15</td><td>91</td><td>475.6</td><td>100.6</td><td>100.000+</td><td>2/3</td><td>100.1</td></tr><tr><td>Oct. 23</td><td>Jan. 22</td><td>91</td><td>413.3</td><td>100.5</td><td>100.000+</td><td>2/3</td><td>100.4</td></tr><tr><td>Oct. 30</td><td>Jan. 29</td><td>91</td><td>383.9</td><td>100.9</td><td>100.000+</td><td>2/3</td><td>100.4</td></tr><tr><td>Nov. 6</td><td>Feb. 5</td><td>91</td><td>236.5</td><td>100.1</td><td>100.000</td><td>0.002</td><td>100.4</td></tr><tr><td>Nov. 13 3/4</td><td>Feb. 13</td><td>92</td><td>285.6</td><td>100.4</td><td>99.999</td><td>0.003</td><td>100.1</td></tr></table>
Source: Accounts of Public Debt Service. Back Figures: Annual Reports of the Secretary of the Treasury. 1/ Bank discount bonds. 2/ Negative. 3/ National Defense series.
21
Maturity Schedule of United States Government Interest-Bearing Public Debt Outstanding
As of October 31, 1940
(Amount in millions of dollars) 2/
<table><tr><th colspan="4">Classified by year in which issues are first callable 3/</th><th colspan="4">Classified by year in which issues mature</th></tr><tr><th>Description of security</th><th>Fixed-maturity issues</th><th>Callable issues</th><th>Cumulative total</th><th>Description of security</th><th>Fixed-maturity issues</th><th>Callable issues</th><th>Cumulative total</th></tr><tr><td>1940 Bills 1-1/2% Notes C - 12/15 40 Total</td><td>801 12 813</td><td>-</td><td>813</td><td>1940 Bills 1-1/2% Notes C - 12/15 40 Total</td><td>801 12 813</td><td>-</td><td>813</td></tr><tr><td>1941 Bills 1-1/2% Notes A - 3/15 41 3-3/8% Bonds - 3/15 41-43 1-3/8% Notes B - 6/15 41 3-1/4% Bonds - 8/1 41 1-1/4% Notes C - 12/15 41 Total</td><td>505 677 504 834 204 2,724</td><td>545</td><td>4,082</td><td>1941 Bills 1-1/2% Notes A - 3/15 41 1-3/8% Notes B - 6/15 41 3-1/4% Bonds - 8/1 41 1-1/4% Notes C - 12/15 41 Total</td><td>505 677 504 834 204 2,724</td><td>-</td><td>3,537</td></tr><tr><td>1942 1-3/4% Notes A - 3/15 42 2% Notes B - 9/15 42 1-3/4% Notes C - 12/15 42 Total</td><td>426 342 232 1,000</td><td>-</td><td>5,082</td><td>1942 1-3/4% Notes A - 3/15 42 2% Notes B - 9/15 42 1-3/4% Notes C - 12/15 42 Total</td><td>426 342 232 1,000</td><td>-</td><td>4,537</td></tr><tr><td>1943 1-1/8% Notes A - 6/15 43 3-1/8% Bonds - 6/15 43-47 1% Notes C - 9/15 43 3-1/4% Bond - 10/15 43-45 1-1/8% Notes B - 12/15 43 Total</td><td>629 279 421 1,329</td><td>454 1,401 1,855</td><td>8,266</td><td>1943 3-3/8% Bonds - 3/15 41-43 1-1/8% Notes A - 6/15 43 1% Notes C - 9/15 43 1-1/8% Notes B - 12/15 43 Total</td><td>629 279 421 1,329</td><td>545</td><td>6,411</td></tr><tr><td>1944 1% Notes B - 3/15 44 3-1/4% Bonds - 4/15 44-46 3/4% Notes A - 6/15 44 1% Notes C - 9/15 44 4% Bonds - 12/15 44-54 Total</td><td>515 416 283 1,214</td><td>1,519 1,037 2,556</td><td>12,036</td><td>1944 1% Notes B - 3/15 44 3/4% Notes A - 6/15 44 1% Notes C - 9/15 44 Total</td><td>515 416 283 1,214</td><td>-</td><td>7,625</td></tr><tr><td>1945 3/4% Notes A - 3/15 45 2-3/4% Bonds - 9/15 45-47 2-1/2% Bonds - 12/15 45 Total</td><td>718 541 1,259</td><td>1,214 1,214</td><td>14,509</td><td>1945 3/4% Notes A - 3/15 45 2-3/4% Bonds - 10/15 45-46 2-1/2% Bonds - 12/15 45 Total</td><td>718 541 1,259</td><td>1,401</td><td>10,285</td></tr><tr><td>1946 3% Conversion bonds - 1/1 46 3-3/4% Bonds - 3/15 46-56 3% Bonds - 6/15 46-48 3-1/8% Bonds - 6/15 46-49 Total</td><td>16 489 1,036 819 16</td><td>2,344</td><td>16,869</td><td>1946 3% Conversion bonds - 1/1 46 3-1/4% Bonds - 4/15 46-46 Total</td><td>16 1,519</td><td>11,620</td></tr><tr><td>1947 3% Conversion bonds - 1/1 47 4-1/4% Bonds - 10/15 47-52 2% Bonds - 12/15 47 Total</td><td>13 701 714</td><td>759</td><td>18,342</td><td>1947 3% Conversion bonds - 1/1 47 3-3/8% Bonds - 6/15 47-47 2-3/4% Bonds - 9/15 47-47 2% Bonds - 12/15 47 Total</td><td>13 454 1,214 701 714</td><td>1,668</td><td>14,202</td></tr><tr><td>1948 2-3/4% Bonds - 3/15 48-51 2-1/2% Bonds - 9/15 48-50 2% Bonds - 12/15 48-50 Total</td><td>451 571 451</td><td>1,223 1,794</td><td>20,587</td><td>1948 3% Bonds - 6/15 46-48 2-1/2% Bonds - 9/15 48 Total</td><td>451 451</td><td>1,036</td><td>15,689</td></tr><tr><td>1949 2-1/2% Bonds - 12/15 49-53 3-1/8% Bonds - 12/15 49-52 Total</td><td>-</td><td>1,786 491 2,277</td><td>22,864</td><td>1949 3-1/8% Bonds - 6/15 46-49 Total</td><td>-</td><td>819</td><td>16,508</td></tr><tr><td>1950 2-1/2% Bonds - 9/15 50-52 Total</td><td>-</td><td>1,186 1,186</td><td>24,050</td><td>1950 2% Bonds - 12/15 48-50 Total</td><td>-</td><td>571</td><td>17,079</td></tr><tr><td>1951 2-3/4% Bonds - 6/15 51-54 3% Bonds - 9/15 51-55 2-1/4% Bonds - 12/15 51-53 Total</td><td>-</td><td>1,627 755 1,118 3,500</td><td>27,550</td><td>1951 2-3/4% Bonds - 3/15 48-51 Total</td><td>-</td><td>1,223</td><td>18,302</td></tr></table>
(Continued on following page)
22
Maturity Schedule of United States Government Interest-Bearing Public Debt Outstanding As of October 31, 1940 - (Continued)
(amount in millions of dollars) 2/
<table><tr><th colspan="4">Classified by year in which issues are first callable</th><th colspan="4">Classified by year in which issues mature</th></tr><tr><th>Description of security</th><th>Pred-maturity issues</th><th>Callable issues</th><th>Cumulative total</th><th>Description of security</th><th>Pred-maturity issues</th><th>Callable issues</th><th>Cumulative total</th></tr><tr><td>1952</td><td>-</td><td>-</td><td>27,550</td><td>1952</td><td>-</td><td>1,186</td><td>759</td><td>491</td><td>20,738</td></tr><tr><td>2-1/2% Bonds - 9/15 50-52..</td><td></td><td></td><td></td><td>2-1/2% Bonds - 9/15 50-52..</td><td></td><td>1,186</td><td></td><td></td><td></td></tr><tr><td>4-1/4% Bonds - 10/15 47-52..</td><td></td><td></td><td></td><td>4-1/4% Bonds - 10/15 47-52..</td><td></td><td>759</td><td></td><td></td><td></td></tr><tr><td>3-1/8% Bonds - 12/15 49-52..</td><td></td><td></td><td></td><td>3-1/8% Bonds - 12/15 49-52..</td><td></td><td>491</td><td></td><td></td><td></td></tr><tr><td>Total</td><td></td><td></td><td></td><td>Total</td><td>-</td><td>2,436</td><td></td><td></td><td></td></tr><tr><td>1953</td><td>-</td><td>725</td><td>28,275</td><td>1953</td><td>-</td><td>1,118</td><td>1,786</td><td></td><td>23,942</td></tr><tr><td>2% Bonds - 6/15 53-55..</td><td></td><td>725</td><td></td><td>2-1/4% Bonds - 12/15 51-53..</td><td></td><td>1,118</td><td></td><td></td><td></td></tr><tr><td>Total</td><td></td><td></td><td></td><td>2-1/2% Bonds - 12/15 49-53..</td><td></td><td>1,786</td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td>Total</td><td>-</td><td>2,904</td><td></td><td></td><td></td></tr><tr><td>1954</td><td>-</td><td>681</td><td>28,956</td><td>1954</td><td>-</td><td>1,627</td><td>1,037</td><td></td><td>26,306</td></tr><tr><td>2-1/4% Bonds - 6/15 54-56..</td><td></td><td>681</td><td></td><td>2-3/4% Bonds - 6/15 51-54..</td><td></td><td>1,627</td><td></td><td></td><td></td></tr><tr><td>Total</td><td></td><td></td><td></td><td>4% Bonds - 12/15 44-54..</td><td></td><td>1,037</td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td>Total</td><td>-</td><td>2,664</td><td></td><td></td><td></td></tr><tr><td>1955</td><td>-</td><td>2,611</td><td>31,567</td><td>1955</td><td>-</td><td>725</td><td>759</td><td></td><td>27,186</td></tr><tr><td>2-7/8% Bonds - 3/15 55-60..</td><td></td><td>2,611</td><td></td><td>2% Bonds - 6/15 53-55..</td><td></td><td>725</td><td></td><td></td><td></td></tr><tr><td>Total</td><td></td><td></td><td></td><td>3% Bonds - 9/15 51-55..</td><td></td><td>759</td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td>Total</td><td>-</td><td>1,480</td><td></td><td></td><td></td></tr><tr><td>1956</td><td>-</td><td>982</td><td>32,549</td><td>1956</td><td>-</td><td>489</td><td>681</td><td></td><td>28,956</td></tr><tr><td>2-3/4% Bonds - 9/15 56-59..</td><td></td><td>982</td><td></td><td>3-3/4% Bonds - 3/15 46-56..</td><td></td><td>489</td><td></td><td></td><td></td></tr><tr><td>Total</td><td></td><td></td><td></td><td>2-1/4% Bonds - 6/15 54-56..</td><td></td><td>681</td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td>Total</td><td>-</td><td>1,170</td><td></td><td></td><td></td></tr><tr><td>1957</td><td>-</td><td>-</td><td>32,549</td><td>1957</td><td>-</td><td>-</td><td>-</td><td></td><td>28,956</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1958</td><td>-</td><td>919</td><td>33,468</td><td>1958</td><td>-</td><td>-</td><td>-</td><td></td><td>28,956</td></tr><tr><td>2-3/4% Bonds - 6/15 58-63..</td><td></td><td>919</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1959</td><td>-</td><td>-</td><td>33,468</td><td>1959</td><td>-</td><td>982</td><td></td><td></td><td>29,938</td></tr><tr><td></td><td></td><td></td><td></td><td>2-3/4% Bonds - 9/15 56-59..</td><td></td><td>982</td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td>Total</td><td>-</td><td>982</td><td></td><td></td><td></td></tr><tr><td>1960</td><td>-</td><td>1,485</td><td>34,953</td><td>1960</td><td>-</td><td>2,611</td><td></td><td></td><td>32,549</td></tr><tr><td>2-3/4% Bonds - 12/15 60-65..</td><td></td><td>1,485</td><td></td><td>2-7/8% Bonds - 3/15 55-60..</td><td></td><td>2,611</td><td></td><td></td><td></td></tr><tr><td>Total</td><td></td><td></td><td></td><td>Total</td><td>-</td><td>2,611</td><td></td><td></td><td></td></tr><tr><td>1961</td><td>50</td><td>-</td><td>35,003</td><td>1961</td><td>50</td><td>-</td><td></td><td></td><td>32,599</td></tr><tr><td>3% Panama Canal bonds - 6/1 61.....</td><td>50</td><td></td><td></td><td>3% Panama Canal bonds - 6/1 61.....</td><td>50</td><td></td><td></td><td></td><td></td></tr><tr><td>Total</td><td></td><td></td><td></td><td>Total</td><td>50</td><td></td><td></td><td></td><td></td></tr><tr><td>1962</td><td>-</td><td>-</td><td>35,003</td><td>1962</td><td>-</td><td>-</td><td></td><td></td><td>32,599</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1963</td><td>-</td><td>-</td><td>35,003</td><td>1963</td><td>-</td><td>919</td><td></td><td></td><td>33,518</td></tr><tr><td></td><td></td><td></td><td></td><td>2-3/4% Bonds - 6/15 58-63..</td><td></td><td>919</td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td>Total</td><td>-</td><td>919</td><td></td><td></td><td></td></tr><tr><td>1964</td><td>-</td><td>-</td><td>35,003</td><td>1964</td><td>-</td><td>-</td><td></td><td></td><td>33,518</td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1965</td><td>-</td><td>-</td><td>35,003</td><td>1965</td><td>-</td><td>1,485</td><td></td><td></td><td>35,003</td></tr><tr><td></td><td></td><td></td><td></td><td>2-3/4% Bonds - 12/15 60-65..</td><td></td><td>1,485</td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td>Total</td><td>-</td><td>1,485</td><td></td><td></td><td></td></tr></table>
Source: Daily Treasury Statement
1/ Excludes (1) Postal Savings bonds; (2) United States Savings bonds; (3) Adjusted Service bonds; (4) special issues to Government agencies and trust funds.
2/ Because the figures in this table are rounded to the nearest million, totals will not necessarily agree with other published figures.
3/ Fixed-maturity issues are classified by year in which due.
23
Computed Annual Interest Charge and Computed Rate of Interest on the Interest-Bearing Public Debt Outstanding
<table><tr><th>End of fiscal year or month</th><th>Interest-bearing debt outstanding</th><th>Computed annual interest charge</th><th>Computed rate of interest (Percent)</th></tr><tr><td>1933</td><td>$22,157,543,120</td><td>$742,175,955</td><td>3.350</td></tr><tr><td>1934</td><td>26,480,487,870 r</td><td>842,301,131 r</td><td>3.181</td></tr><tr><td>1935</td><td>27,645,241,088 r</td><td>750,578,123 r</td><td>2.715 r</td></tr><tr><td>1936</td><td>32,988,790,135 r</td><td>844,996,902 r</td><td>2.562 r</td></tr><tr><td>1937</td><td>35,800,109,418 r</td><td>924,275,241 r</td><td>2.582</td></tr><tr><td>1938</td><td>36,575,925,880</td><td>947,084,058</td><td>2.589</td></tr><tr><td>1939</td><td>39,585,969,732</td><td>1,036,937,397</td><td>2.600</td></tr><tr><td>1940</td><td>42,376,495,928</td><td>1,094,519,914</td><td>2.583</td></tr><tr><td>1939-Oct</td><td>40,526,147,836</td><td>1,054,365,376</td><td>2.602</td></tr><tr><td>Nov.</td><td>40,806,570,235</td><td>1,058,487,906</td><td>2.594</td></tr><tr><td>Dec.</td><td>41,445,461,769</td><td>1,076,615,135</td><td>2.598</td></tr><tr><td>1940-Jan.</td><td>41,601,096,741</td><td>1,084,974,743</td><td>2.608</td></tr><tr><td>Feb.</td><td>41,839,478,210</td><td>1,091,342,623</td><td>2.608</td></tr><tr><td>Mar.</td><td>41,983,313,887</td><td>1,090,454,902</td><td>2.597</td></tr><tr><td>Apr.</td><td>42,116,733,706</td><td>1,094,152,460</td><td>2.598</td></tr><tr><td>May</td><td>42,252,678,472</td><td>1,097,817,438</td><td>2.598</td></tr><tr><td>June.</td><td>42,376,495,928</td><td>1,094,519,914</td><td>2.583</td></tr><tr><td>July.</td><td>43,186,483,544</td><td>1,114,572,891</td><td>2.582</td></tr><tr><td>Aug.</td><td>43,316,616,931</td><td>1,118,109,481</td><td>2.581</td></tr><tr><td>Sept.</td><td>43,479,954,349</td><td>1,121,989,746</td><td>2.580</td></tr><tr><td>Oct.</td><td>43,560,308,589</td><td>1,127,497,712</td><td>2.588</td></tr></table>
Basis: Daily Treasury Statements.
r Revised to basis of Daily Treasury Statements.
1/ Treasury bills are included in interest-bearing debt figures at face amount, but for the purpose of calculating the computed annual interest charge and the computed rate of interest, the discount value is used.
Average Yields of Long-Term United States Treasury Bonds and High-Grade Corporate Bonds
(Porcent)
<table><tr><th></th><th>Treasury bonds 1/</th><th>Corporate bonds 2/</th><th>Spread between Treasury and corporate bonds</th><th>Treasury bonds 1/</th><th>Corporate bonds 2/</th><th>Spread between Treasury and corporate bonds</th><th>Treasury bonds 1/</th><th>Corporate bonds 2/</th><th>Spread between Treasury and corporate bonds</th></tr><tr><td>Monthly 3/</td><td></td><td></td><td></td><td>Weekly (continued) 4/</td><td></td><td></td><td>Daily (continued)</td><td></td><td></td></tr><tr><td>1939-Oct....</td><td>2.60</td><td>3.14</td><td>.54</td><td>1940-Aug. 7</td><td>2.24</td><td>2.81</td><td>.57</td><td>1940-Oct. 14</td><td>2.10</td><td>2.71</td><td>.61</td></tr><tr><td>Nov.....</td><td>2.46</td><td>2.93</td><td>.47</td><td>14</td><td>2.28</td><td>2.82</td><td>.54</td><td>15</td><td>2.09</td><td>2.71</td><td>.62</td></tr><tr><td>Dec.....</td><td>2.35</td><td>2.86</td><td>.51</td><td>21</td><td>2.25</td><td>2.80</td><td>.55</td><td>16</td><td>2.08</td><td>2.70</td><td>.62</td></tr><tr><td>1940-Jan....</td><td>2.30</td><td>2.81</td><td>.51</td><td>28</td><td>2.25</td><td>2.80</td><td>.55</td><td>17</td><td>2.09</td><td>2.70</td><td>.61</td></tr><tr><td>Feb.....</td><td>2.32</td><td>2.79</td><td>.47</td><td>Sept. 4</td><td>2.21</td><td>2.79</td><td>.58</td><td>18</td><td>2.09</td><td>2.70</td><td>.61</td></tr><tr><td>Mar.....</td><td>2.25</td><td>2.77</td><td>.52</td><td>11</td><td>2.19</td><td>2.72</td><td>.53</td><td>19</td><td>2.08</td><td>2.71</td><td>.63</td></tr><tr><td>Apr.....</td><td>2.25</td><td>2.74</td><td>.49</td><td>18</td><td>2.17</td><td>2.70</td><td>.53</td><td>21</td><td>2.09</td><td>2.69</td><td>.60</td></tr><tr><td>May.....</td><td>2.38</td><td>2.87</td><td>.49</td><td>25</td><td>2.14</td><td>2.69</td><td>.55</td><td>22</td><td>2.09</td><td>2.69</td><td>.60</td></tr><tr><td>June....</td><td>2.39</td><td>2.93</td><td>.54</td><td>Oct. 2</td><td>2.14</td><td>2.69</td><td>.55</td><td>23</td><td>2.09</td><td>2.71</td><td>.62</td></tr><tr><td>July....</td><td>2.28</td><td>2.95</td><td>.57</td><td>9</td><td>2.10</td><td>2.71</td><td>.61</td><td>24</td><td>2.08</td><td>2.70</td><td>.62</td></tr><tr><td>Aug.....</td><td>2.25</td><td>2.80</td><td>.55</td><td>16</td><td>2.08</td><td>2.70</td><td>.62</td><td>25</td><td>2.08</td><td>2.70</td><td>.62</td></tr><tr><td>Sept....</td><td>2.18</td><td>2.71</td><td>.53</td><td>23</td><td>2.09</td><td>2.71</td><td>.62</td><td>26</td><td>2.08</td><td>2.70</td><td>.62</td></tr><tr><td>Oct.....</td><td>2.10</td><td>2.70</td><td>.60</td><td>30</td><td>2.08</td><td>2.68</td><td>.60</td><td>28</td><td>2.08</td><td>2.70</td><td>.62</td></tr><tr><td></td><td></td><td></td><td></td><td>Nov. 6</td><td>2.04</td><td>2.69</td><td>.65</td><td>29</td><td>2.08</td><td>2.69</td><td>.61</td></tr><tr><td>Weekly 4/</td><td></td><td></td><td></td><td>13</td><td>1.96</td><td>2.66</td><td>.70</td><td>30</td><td>2.08</td><td>2.68</td><td>.60</td></tr><tr><td>1940-May 1</td><td>2.25</td><td>2.74</td><td>.49</td><td></td><td></td><td></td><td></td><td>Nov. 1</td><td>2.08</td><td>2.70</td><td>.62</td></tr><tr><td>8</td><td>2.26</td><td>2.71</td><td>.45</td><td>Daily</td><td></td><td></td><td></td><td>2</td><td>2.07</td><td>2.70</td><td>.63</td></tr><tr><td>15</td><td>2.14</td><td>2.92</td><td>.48</td><td>1940-Oct. 1</td><td>2.15</td><td>2.69</td><td>.54</td><td>4</td><td>2.07</td><td>2.69</td><td>.62</td></tr><tr><td>22</td><td>2.16</td><td>2.98</td><td>.52</td><td>2</td><td>2.14</td><td>2.69</td><td>.55</td><td>5</td><td>2.04</td><td>2.69</td><td>-.65</td></tr><tr><td>29</td><td>2.17</td><td>2.99</td><td>.52</td><td>3</td><td>2.14</td><td>2.69</td><td>.55</td><td>6</td><td>1.98</td><td>2.68</td><td>.70</td></tr><tr><td>June 5</td><td>2.19</td><td>2.98</td><td>.49</td><td>4</td><td>2.14</td><td>2.69</td><td>.55</td><td>7</td><td>1.95</td><td>2.68</td><td>.73</td></tr><tr><td>12</td><td>2.11</td><td>2.98</td><td>.57</td><td>5</td><td>2.14</td><td>2.70</td><td>.56</td><td>8</td><td>1.94</td><td>2.67</td><td>.73</td></tr><tr><td>19</td><td>2.34</td><td>2.91</td><td>.57</td><td>7</td><td>2.08</td><td>2.70</td><td>.62</td><td>9</td><td>1.94</td><td>2.67</td><td>-.73</td></tr><tr><td>26</td><td>2.34</td><td>2.88</td><td>.54</td><td>8</td><td>2.08</td><td>2.69</td><td>.61</td><td>11</td><td>1.95</td><td>2.67</td><td>-.72</td></tr><tr><td>July 3</td><td>2.29</td><td>2.95</td><td>.56</td><td>9</td><td>2.10</td><td>2.71</td><td>.61</td><td>12</td><td>1.96</td><td>2.66</td><td>.70</td></tr><tr><td>10</td><td>2.30</td><td>2.86</td><td>.56</td><td>10</td><td>2.10</td><td>2.72</td><td>.62</td><td>13</td><td>1.95</td><td>2.65</td><td>.70</td></tr><tr><td>17</td><td>2.28</td><td>2.85</td><td>.57</td><td>11</td><td>2.11</td><td>2.71</td><td>.60</td><td>14</td><td>1.96</td><td>2.65</td><td>.69</td></tr><tr><td>24</td><td>2.26</td><td>2.85</td><td>.59</td><td>5/</td><td>12</td><td>2.11</td><td>2.71</td><td>.60</td><td>15</td><td>1.96</td><td>2.65</td><td>.69</td></tr><tr><td>31</td><td>2.24</td><td>2.83</td><td>.59</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table>
Basis of Computation: Yields are computed on the basis of closing prices on the New York Stock Exchange. On days when an issue does not sell, the mean of bid and ask quotations is used for Treasury bonds, and the price of the last preceding sale is used for corporate bonds. Back Figures: (1) Long-term Treasury bonds: monthly, Annual Report of the Secretary of the Treasury for 1939, p. 486; weekly, Treasury Bulletin, July 1939, p. 20 and July 1940, p. 27; daily, mimeograph statement available from Treasury Department, Division of Research and Statistics. (2) High-grade corporate bonds: monthly and weekly, Treasury Bulletin, July 1939, p. 20 and July 1940, p. 27. Average of Treasury bonds not due or callable for twelve years. Average of 5 bonds. Average of daily figures. Wednesday figures. Reflects change in composition of Treasury bond average.
Comparative Yields of Average of All Long-term U.S. Treasury and Average of High-grade Corporate Bonds
Yields Based on Wednesday Quotations
Break in line indicates change in composition of Long-term Treasury average
IELDS OF TREASURY BONDS AND NOTES NOV. 15, 1940
GOVERNMENTAL CORPORATIONS AND CREDIT AGENCIES
- 26 -
27
Assets and Liabilities of Governmental Corporations and Credit Agencies and Analysis of Proprietary Interest of the United States as of September 30, 1940
(In millions of dollars)
<table><tr><th></th><th>Assets/</th><th colspan="3">Liabilities and reserves 1/</th><th>Excess of assets (Total proprietary interest) 1/</th><th colspan="7">Proprietary interest</th></tr><tr><th></th><th></th><th>Total</th><th>Guaranteed by United States (Include accrued interest)</th><th>Not guaranteed by United States</th><th></th><th>Privately owned</th><th colspan="3">Owned by United States</th><th colspan="2">Interagency interests</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th></th><th>Total</th><th>Capital stock</th><th>Surplus</th><th>Non-stock</th><th>Special obligations held by the Treasury</th><th>Other 2/</th></tr><tr><td>Banks for Cooperatives</td><td>152.9</td><td>3.0</td><td>-</td><td>3.0</td><td>149.9</td><td>4.2</td><td>145.7</td><td>119.0</td><td>18.2</td><td>-</td><td>8.5</td></tr><tr><td>Commodity Credit Corporation</td><td>911.6</td><td>830.4</td><td>697.5</td><td>132.8</td><td>101.2</td><td>-</td><td>101.2</td><td>100.0</td><td>1.2</td><td>-</td><td>-</td></tr><tr><td>Disaster Loan Corporation</td><td>22.5</td><td>.2</td><td>-</td><td>.2</td><td>22.6</td><td>-</td><td>22.6</td><td>24.0</td><td>-1.4</td><td>-</td><td>-</td></tr><tr><td>Electric Home and Farm Authority</td><td>15.4</td><td>14.3</td><td>-</td><td>14.3</td><td>1.1</td><td>-</td><td>1.1</td><td>.9</td><td>.2</td><td>-</td><td>-</td></tr><tr><td>Export-Import Bank of Washington</td><td>80.9</td><td>.3</td><td>-</td><td>.3</td><td>80.6</td><td>-</td><td>80.6</td><td>75.0</td><td>5.6</td><td>-</td><td>-</td></tr><tr><td>Farm Credit Administration</td><td>281.5</td><td>192.9</td><td>-</td><td>192.9</td><td>88.7</td><td>-</td><td>88.7</td><td>-</td><td>-</td><td>88.7</td><td>-</td></tr><tr><td>Farm Security Administration</td><td>308.9</td><td>-</td><td>-</td><td>-</td><td>308.9</td><td>-</td><td>308.9</td><td>-</td><td>-</td><td>308.9</td><td>-</td></tr><tr><td>Federal Crop Insurance Corporation</td><td>17.8</td><td>4.1</td><td>-</td><td>4.4</td><td>13.4</td><td>-</td><td>13.4</td><td>14.0</td><td>-</td><td>-</td><td>-6</td></tr><tr><td>Federal Deposit Insurance Corporation</td><td>530.4</td><td>241.1</td><td>-</td><td>241.1</td><td>289.3</td><td>139.3</td><td>150.0</td><td>150.0</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Federal Farm Mortgage Corporation</td><td>1,518.2</td><td>1,321.2</td><td>1,282.3</td><td>38.9</td><td>197.0</td><td>-</td><td>197.0</td><td>200.0</td><td>-</td><td>-</td><td>-3.0</td></tr><tr><td>Federal Home Loan Banks</td><td>254.6</td><td>75.6</td><td>-</td><td>75.6</td><td>179.0</td><td>54.3</td><td>124.7</td><td>124.7</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Federal Housing Administration</td><td>67.4</td><td>15.0</td><td>9.2</td><td>5.8</td><td>52.4</td><td>-</td><td>52.4</td><td>-</td><td>-</td><td>52.4</td><td>-</td></tr><tr><td>Federal Intermediate Credit Banks</td><td>113.3</td><td>218.2</td><td>-</td><td>218.2</td><td>95.1</td><td>-</td><td>95.1</td><td>60.0</td><td>43.6</td><td>-</td><td>-8.5</td></tr><tr><td>Federal Land Banks</td><td>2,284.0</td><td>1,802.3</td><td>-</td><td>1,802.3</td><td>481.7</td><td>211.8</td><td>269.9</td><td>95.5</td><td>182.0</td><td>-</td><td>-17.6</td></tr><tr><td>Federal National Mortgage Association</td><td>176.0</td><td>89.1</td><td>-</td><td>89.1</td><td>86.9</td><td>-</td><td>86.9</td><td>10.9</td><td>6.3</td><td>-</td><td>70.6</td></tr><tr><td>Federal Prison Industries, Incorporated</td><td>9.1</td><td>.3</td><td>-</td><td>.3</td><td>8.8</td><td>-</td><td>8.8</td><td>-</td><td>4.7</td><td>4.1</td><td>-</td></tr><tr><td>Federal Savings and Loan Insurance Corporation</td><td>126.3</td><td>1.2</td><td>-</td><td>1.2</td><td>125.1</td><td>-</td><td>125.1</td><td>100.0</td><td>25.1</td><td>-</td><td>-</td></tr><tr><td>Home Owners Loan Corporation</td><td>2,721.3</td><td>2,701.5</td><td>2,643.7</td><td>57.8</td><td>19.8</td><td>-</td><td>19.8</td><td>200.0</td><td>-80.2</td><td>-</td><td>-100.0</td></tr><tr><td>Inland Waterways Corporation</td><td>25.5</td><td>1.0</td><td>-</td><td>1.0</td><td>24.5</td><td>-</td><td>24.5</td><td>12.0</td><td>12.5</td><td>-</td><td>-</td></tr><tr><td>Interior Department (Indian Loans)</td><td>2.9</td><td>-</td><td>-</td><td>-</td><td>2.9</td><td>-</td><td>2.9</td><td>-</td><td>-</td><td>2.9</td><td>-</td></tr><tr><td>Panama Railroad Company</td><td>50.3</td><td>1.9</td><td>-</td><td>1.8</td><td>48.5</td><td>-</td><td>48.5</td><td>7.0</td><td>42.6</td><td>-</td><td>-1.1</td></tr><tr><td>Production Credit Corporation</td><td>123.1</td><td>.4</td><td>-</td><td>.4</td><td>122.7</td><td>-</td><td>122.7</td><td>120.0</td><td>2.7</td><td>-</td><td>-</td></tr><tr><td>Public Works Administration</td><td>87.5</td><td>-</td><td>-</td><td>-</td><td>87.5</td><td>-</td><td>87.5</td><td>-</td><td>-</td><td>87.5</td><td>-</td></tr><tr><td>Puerto Rican Reconstruction Administration</td><td>7.9</td><td>-</td><td>-</td><td>-</td><td>7.9</td><td>-</td><td>7.9</td><td>-</td><td>-</td><td>7.9</td><td>-</td></tr><tr><td>Reconstruction Finance Corporation</td><td>1,742.4</td><td>1,436.4</td><td>1,099.3</td><td>337.1</td><td>306.0</td><td>-</td><td>306.0</td><td>500.0</td><td>176.5</td><td>-</td><td>-370.5</td></tr><tr><td>Regional Agricultural Credit Corporations</td><td>22.3</td><td>2.1</td><td>-</td><td>2.1</td><td>20.2</td><td>-</td><td>20.2</td><td>5.0</td><td>15.2</td><td>-</td><td>-</td></tr><tr><td>RFC Mortgage Company</td><td>63.7</td><td>1.5</td><td>-</td><td>1.5</td><td>62.2</td><td>-</td><td>62.2</td><td>25.0</td><td>.5</td><td>-</td><td>36.7</td></tr><tr><td>Rural Electrification Administration</td><td>235.0</td><td>-</td><td>-</td><td>-</td><td>235.0</td><td>-</td><td>235.0</td><td>-</td><td>-</td><td>103.2</td><td>131.8</td></tr><tr><td>Tennessee Valley Authority</td><td>348.9</td><td>15.1</td><td>-3/</td><td>15.1</td><td>333.8</td><td>-</td><td>333.8</td><td>-</td><td>-</td><td>281.9</td><td>52.3</td><td>-4</td></tr><tr><td>Tennessee Valley Associated Cooperatives, Inc.</td><td>.3</td><td>-</td><td>-</td><td>-</td><td>.3</td><td>-</td><td>.3</td><td>-</td><td>.3</td><td>-</td><td>-</td></tr><tr><td>Treasury Department (Miscellaneous securities held)</td><td>59.2</td><td>-</td><td>-</td><td>-</td><td>59.2</td><td>-</td><td>59.2</td><td>-</td><td>-</td><td>59.2</td><td>-</td></tr><tr><td>United States Housing Authority</td><td>282.0</td><td>119.3</td><td>114.43/</td><td>4.9</td><td>162.7</td><td>-</td><td>162.7</td><td>1.0</td><td>136.7</td><td>-</td><td>25.0</td></tr><tr><td>United States Maritime Commission</td><td>250.7</td><td>75.3</td><td>-</td><td>75.3</td><td>175.4</td><td>-</td><td>175.4</td><td>-</td><td>-</td><td>180.3</td><td>-4.9</td></tr><tr><td>War Emergency Corporations and Agencies (in liquidation)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Ivory Department (Sale of surplus war supplies)</td><td>4.6</td><td>-</td><td>-</td><td>-</td><td>4.6</td><td>-</td><td>4.6</td><td>-</td><td>-</td><td>4.6</td><td>-</td></tr><tr><td>Secretary of the Treasury (U. S. Railroad Administration)</td><td>.1</td><td>-</td><td>-</td><td>-</td><td>.1</td><td>-</td><td>.1</td><td>-</td><td>-</td><td>.1</td><td>-</td></tr><tr><td>United States Housing Corporation</td><td>1.8</td><td>-</td><td>-</td><td>-</td><td>1.8</td><td>-</td><td>1.8</td><td>34.1</td><td>-32.3</td><td>-</td><td>-</td></tr><tr><td>United States Spruce Production Corporation</td><td>.7</td><td>-</td><td>-</td><td>-</td><td>.7</td><td>-</td><td>.7</td><td>.1</td><td>.2</td><td>-</td><td>.4</td></tr><tr><td>Other Corporations 4/</td><td>10.6</td><td>.2</td><td>-</td><td>.2</td><td>10.4</td><td>-</td><td>10.4</td><td>8.0</td><td>-</td><td>-</td><td>2.8</td></tr><tr><td>Interagency Items (Exclusive of proprietary interests)1</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>77.9</td><td>-77.9</td></tr><tr><td>Due from agencies not listed above</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>77.9</td><td>-77.9</td></tr><tr><td>Due to agencies not listed above</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>-28.8</td><td>28.8</td></tr><tr><td>Subtotal</td><td>13,132.0</td><td>9,164.1</td><td>5,846.5</td><td>3,317.6</td><td>3,967.9</td><td>409.6</td><td>3,558.3</td><td>1,985.3</td><td>560.2</td><td>1,230.5</td><td>77.3</td><td>-295.3</td></tr><tr><td>Interagency Proprietary Interest (Included in above figures)</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-217.0</td><td>-1.0</td><td>-</td><td>-</td><td>218.0</td></tr><tr><td>Total</td><td>13,132.0</td><td>9,164.1</td><td>5,846.5</td><td>3,317.6</td><td>3,967.9</td><td>409.6</td><td>3,558.3</td><td>1,768.3</td><td>559.2</td><td>1,230.5</td><td>77.3</td><td>-77.3</td></tr></table>
1/ Less than $100,000.
2/ Includes interagency assets and liabilities (except marketable security issues and deposits with Reconstruction Finance Corporation).
3/ Negative items represent net excess of interagency assets over interagency liabilities.
4/ Obligations held by the Secretary of the Treasury are shown as interagency interests.
5/ Comprises Metale Reserve Company, Rubber Reserve Company, and Defense Plant Corporation.
28
Sources of Funds of Certain Governmental Corporations and Credit Agencies for the First 3 Months, Fiscal Year 1941
<table><tr><th>Corporation or agency</th><th>Appropriations from general fund 1/</th><th>Allocations, rediscouts, and loans from other governmental corporations and agencies (net)</th><th>Sale of obligations to Treasury (net)</th><th>Sale of obligations in the market (net)</th><th>Sale of stock to other agencies</th></tr><tr><td>Reconstruction Finance Corporation</td><td>-</td><td>$ 77,300,863</td><td>$ -7,000,000</td><td>$ 200,000</td><td>-</td></tr><tr><td>Commodity Credit Corporation</td><td>-</td><td>-</td><td>-25,000,000</td><td>289,458,000</td><td>-</td></tr><tr><td>Export-Import Bank of Washington</td><td>-</td><td>4,000,000</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Federal Deposit Insurance Corporation</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Rural Electrification Administration</td><td>$ 7,967,286</td><td>5,622,952</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Home Owners' Loan Corporation</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Federal Savings and Loan Insurance Corporation</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Federal Home Loan Banks</td><td>-</td><td>-</td><td>-</td><td>500,725</td><td>-</td></tr><tr><td>United States Housing Authority</td><td>294,637</td><td>-</td><td>5,000,000</td><td>-</td><td>-</td></tr><tr><td>Federal Farm Mortgage Corporation</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Central Bank for Cooperatives</td><td>-10,000,000 2/</td><td>3,638,359</td><td>-</td><td>-</td><td>$ 275,200</td></tr><tr><td>Disaster Loan Corporation</td><td>-</td><td>166,592</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Electric Home and Farm Authority</td><td>-</td><td>-</td><td>-</td><td>1,059,675</td><td>-</td></tr><tr><td>Federal National Mortgage Association</td><td>-</td><td>7,043,041</td><td>-</td><td>-</td><td>-</td></tr><tr><td>RFC Mortgage Company</td><td>-</td><td>1,912,250</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other Corporations 3/</td><td>-</td><td>2,395,055</td><td>-</td><td>-</td><td>8,000,000</td></tr><tr><td>Total</td><td>$ -1,738,077</td><td>$102,079,112</td><td>$-27,000,000</td><td>$291,218,400</td><td>$8,275,200</td></tr></table>
<table><tr><th>Corporation or agency</th><th>Sale of other property acquired</th><th>Repayment of loans 4/</th><th>Interest, dividends, assessments, and property income</th><th>Other receipts</th><th>Total sources of funds</th></tr><tr><td>Reconstruction Finance Corporation</td><td>$ 2,082,505</td><td>$114,063,961</td><td>$15,519,448</td><td>$ 8,945,984</td><td>$211,112,761</td></tr><tr><td>Commodity Credit Corporation</td><td>8,916,357</td><td>31,143,934</td><td>626,200</td><td>3,231,031</td><td>308,375,522</td></tr><tr><td>Export-Import Bank of Washington</td><td>-</td><td>2,099,465</td><td>590,958</td><td>-</td><td>6,690,423</td></tr><tr><td>Federal Deposit Insurance Corporation</td><td>-</td><td>7,708,374</td><td>24,921,825</td><td>70,396</td><td>32,700,595</td></tr><tr><td>Rural Electrification Administration</td><td>-</td><td>735,636</td><td>1,252,987</td><td>4,979</td><td>15,583,840</td></tr><tr><td>Home Owners' Loan Corporation</td><td>11,613,532</td><td>43,647,324</td><td>31,022,799</td><td>4,480,732</td><td>90,764,387</td></tr><tr><td>Federal Savings and Loan Insurance Corporation</td><td>-</td><td>-</td><td>819,927</td><td>8</td><td>819,935</td></tr><tr><td>Federal Home Loan Banks</td><td>-</td><td>21,998,178</td><td>1,280,013</td><td>-</td><td>23,778,916</td></tr><tr><td>United States Housing Authority</td><td>-</td><td>48,208,683</td><td>1,237,054</td><td>-</td><td>54,740,374</td></tr><tr><td>Federal Farm Mortgage Corporation</td><td>994,603</td><td>15,725,190</td><td>12,069,361</td><td>115,799</td><td>28,904,953</td></tr><tr><td>Central Bank for Cooperatives</td><td>-</td><td>5,535,697</td><td>350,736</td><td>1,833,799</td><td>1,633,791</td></tr><tr><td>Disaster Loan Corporation</td><td>3,564</td><td>485,450</td><td>44,644</td><td>57,740</td><td>757,990</td></tr><tr><td>Electric Home and Farm Authority</td><td>-</td><td>2,122,729</td><td>288,159</td><td>12,026</td><td>3,482,589</td></tr><tr><td>Federal National Mortgage Association</td><td>48,332</td><td>3,202,691</td><td>2,007,689</td><td>58,868</td><td>12,360,621</td></tr><tr><td>RFC Mortgage Company</td><td>69,549</td><td>4,537,292</td><td>631,714</td><td>97,222</td><td>7,248,027</td></tr><tr><td>Other Corporations 3/</td><td>-</td><td>-</td><td>-</td><td>-</td><td>10,395,055</td></tr><tr><td>Total</td><td>$23,728,442</td><td>$301,214,604</td><td>$92,663,514</td><td>$18,908,584</td><td>$809,349,779</td></tr></table>
Sources: Reports received from the corporations and agencies.
1/ Items in this column are the only ones in this statement which constitute a charge against the Federal Budget.
2/ Repayment to Farm Credit Administration of portion of amount invested in Capital Stock of Central Bank for Cooperatives.
3/ Includes Metale Reserve Company, Rubber Reserve Company, and Defense Plant Corporation.
4/ Receipts from the sale of property acquired in liquidation of loans are shown as "Sale of other property acquired".
28
Uses of Funds of Certain Governmental Corporations and Credit Agencies for the First 3 Months, Fiscal Year 1941
<table><tr><th>Corporation or agency</th><th colspan="2">Expenses</th><th>Purchase and improvement of property owned</th><th>Loans</th><th>Retirement of obligations issued in exchange for mortgages</th></tr><tr><th></th><th>Administrative</th><th>Nonadministrative</th><th></th><th></th><th></th></tr><tr><td>Reconstruction Finance Corporation</td><td>$ 2,398,977</td><td>$ -60,127 2/</td><td>-</td><td>$ 86,612,111</td><td>-</td></tr><tr><td>Commodity Credit Corporation</td><td>783,063</td><td>-</td><td>$26,552,037</td><td>171,914,173</td><td>-</td></tr><tr><td>Export-Import Bank of Washington</td><td>20,040</td><td>-</td><td>-</td><td>6,103,924</td><td>-</td></tr><tr><td>Federal Deposit Insurance Corporation</td><td>918,116</td><td>-</td><td>-</td><td>3,968,226</td><td>-</td></tr><tr><td>Rural Electrification Administration</td><td>711,025</td><td>-</td><td>-</td><td>13,744,976</td><td>-</td></tr><tr><td>Home Owners' Loan Corporation</td><td>5,419,865</td><td>8,479,416</td><td>1,436,866</td><td>6,046,669</td><td>$11,174,030</td></tr><tr><td>Federal Savings and Loan Insurance Corporation</td><td>66,912</td><td>4,083</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Federal Home Loan Banks</td><td>236,377</td><td>-</td><td>-</td><td>40,648,597</td><td>-</td></tr><tr><td>United States Housing Authority</td><td>1,214,024</td><td>159,342</td><td>7,038</td><td>89,548,692</td><td>-</td></tr><tr><td>Federal Farm Mortgage Corporation</td><td>2,303,736</td><td>306,081</td><td>748,865</td><td>8,124,044</td><td>-</td></tr><tr><td>Central Bank for Cooperatives</td><td>33,117</td><td>-</td><td>-</td><td>14,645,736</td><td>-</td></tr><tr><td>Disaster Loan Corporation</td><td>170,977</td><td>11,265</td><td>-</td><td>573,905</td><td>-</td></tr><tr><td>Electric Home and Farm Authority</td><td>126,939</td><td>79,207</td><td>-</td><td>3,112,769</td><td>-</td></tr><tr><td>Federal National Mortgage Association</td><td>338,603</td><td>278,031</td><td>-</td><td>11,265,535</td><td>-</td></tr><tr><td>IFC Mortgage Company</td><td>198,432</td><td>56,112</td><td>5,000</td><td>6,314,763</td><td>-</td></tr><tr><td>Other Corporations</td><td>-</td><td>-</td><td>7,036,748</td><td>-</td><td>-</td></tr><tr><td>Total</td><td>$14,941,003</td><td>$9,313,450</td><td>$37,786,554</td><td>$462,824,322</td><td>$11,174,030</td></tr></table>
<table><tr><th>Corporation or agency</th><th>Investments (net)</th><th>Allocations, rediscounts and loans to other governmental corporations and agencies (net)</th><th>Interest and dividends paid</th><th>Other expenditures</th><th>Total, use of funds</th></tr><tr><td>Reconstruction Finance Corporation</td><td>$3,000,000</td><td>-</td><td>$4,143,620</td><td>-</td><td>$101,294,552</td></tr><tr><td>Commodity Credit Corporation</td><td>-</td><td>$104,743,093</td><td>$613,858</td><td>-</td><td>$304,606,224</td></tr><tr><td>Export-Import Bank of Washington</td><td>-</td><td>-</td><td>-</td><td>-</td><td>$6,124,564</td></tr><tr><td>Federal Deposit Insurance Corporation</td><td>$22,074,000</td><td>-</td><td>-</td><td>$392,576</td><td>$27,353,118</td></tr><tr><td>Rural Electrification Administration</td><td>-</td><td>-</td><td>$254,066</td><td>$7,573</td><td>$14,717,640</td></tr><tr><td>Home Owners' Loan Corporation</td><td>-$10,580,375</td><td>-</td><td>$9,907,857</td><td>-</td><td>$33,884,348</td></tr><tr><td>Federal Savings and Loan Insurance Corporation</td><td>$500,000</td><td>-</td><td>-</td><td>$286,197</td><td>$857,192</td></tr><tr><td>Federal Home Loan Banks</td><td>$682,685</td><td>-</td><td>$579,371</td><td>$6,484,206</td><td>$45,631,236</td></tr><tr><td>United States Housing Authority</td><td>$770,000</td><td>-</td><td>$788,593</td><td>-</td><td>$92,487,729</td></tr><tr><td>Federal Farm Mortgage Corporation</td><td>$2,940,000</td><td>-</td><td>$6,511,545</td><td>$735,871</td><td>$21,670,742</td></tr><tr><td>Central Bank for Cooperatives</td><td>-$21,355,198</td><td>-</td><td>$5,934</td><td>$387</td><td>-$6,670,024</td></tr><tr><td>Disaster Loan Corporation</td><td>-</td><td>-</td><td>-</td><td>$2,243</td><td>$757,990</td></tr><tr><td>Electric Home and Farm Authority</td><td>-</td><td>-</td><td>$20,863</td><td>$3,787</td><td>$3,343,565</td></tr><tr><td>Federal National Mortgage Association</td><td>-</td><td>-</td><td>$452,148</td><td>$26,304</td><td>$12,160,621</td></tr><tr><td>RFC Mortgage Company</td><td>-</td><td>-</td><td>$673,718</td><td>-</td><td>$7,248,027</td></tr><tr><td>Other Corporations</td><td>-</td><td>$3,358,307</td><td>-</td><td>-</td><td>$10,395,055</td></tr><tr><td>Total</td><td>$3,031,112</td><td>$108,101,400</td><td>$23,951,573</td><td>$7,939,144</td><td>$679,062,608</td></tr></table>
1 Receipts received in payment of mortgages appear under "Repayment of loans" in the statement of sources of funds.
2 Excess of credits due to reallocation.
3 Includes Metale Reserve Company, Rubber Reserve Company, and Defence Plant Corporation.
4 Includes expenditures for contributions and subrogated shares or claims in insured financial institutions.
30
Sources of Funds of Certain Governmental Corporations and Credit Agencies from Inception of Organization through September 30, 1940
<table><tr><th>Corporation or agency</th><th>Appropriations from general fund 1/</th><th>Allocations, rediscounts, and loans from other governmental corporations and agencies (net)</th><th>Sale of obligations to Treasury (net)</th><th>Sale of obligations in the market (net)</th><th>Sale of stock to other agencies</th></tr><tr><td>Reconstruction Finance Corporation</td><td>$ 500,000,000</td><td>-</td><td>-</td><td>$1,096,557,000</td><td>-</td></tr><tr><td>Commodity Credit Corporation</td><td>270,128,592 2/</td><td>-</td><td>-</td><td>696,252,000</td><td>-</td></tr><tr><td>Export-Import Bank of Washington</td><td>1,000,000</td><td>-</td><td>-</td><td>-</td><td>$ 74,000,000</td></tr><tr><td>Federal Deposit Insurance Corporation</td><td>150,000,000</td><td>-</td><td>-</td><td>-</td><td>139,299,557</td></tr><tr><td>Rural Electrification Administration</td><td>116,471,347</td><td>$133,884,437</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Home Owners' Loan Corporation</td><td>200,000,000 3/</td><td>-</td><td>-</td><td>3,114,453,550 4/</td><td>-</td></tr><tr><td>Federal Savings and Loan Insurance Corporation</td><td>-</td><td>-</td><td>-</td><td>-</td><td>100,000,000</td></tr><tr><td>Federal Home Loan Banks</td><td>124,741,000 3/</td><td>-</td><td>-</td><td>48,500,000</td><td>-</td></tr><tr><td>United States Housing Authority</td><td>32,963,206</td><td>-</td><td>$25,000,000</td><td>114,157,000</td><td>-</td></tr><tr><td>Federal Farm Mortgage Corporation</td><td>200,000,000 3/</td><td>-</td><td>-</td><td>1,269,387,900</td><td>-</td></tr><tr><td>Central Bank for Cooperatives</td><td>40,000,000</td><td>5,034,181</td><td>-</td><td>-</td><td>794,500</td></tr><tr><td>Disaster Loan Corporation</td><td>24,000,000 3/</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Electric Home and Farm Authority</td><td>1,000,000</td><td>-</td><td>-</td><td>12,218,210</td><td>-</td></tr><tr><td>Federal National Mortgage Association</td><td>-</td><td>67,030,773</td><td>-</td><td>85,240,000</td><td>11,000,000</td></tr><tr><td>RPC Mortgage Company</td><td>-</td><td>34,896,479</td><td>-</td><td>-</td><td>25,000,000</td></tr><tr><td>Other Corporations 5/</td><td>-</td><td>2,395,055</td><td>-</td><td>-</td><td>8,000,000</td></tr><tr><td>Total</td><td>$1,660,304,145</td><td>$243,240,925</td><td>$25,000,000</td><td>$6,436,765,660</td><td>$358,094,057</td></tr></table>
<table><tr><th>Corporation or agency</th><th>Sale of other property acquired</th><th>Repayment of loans 6/</th><th>Interest, dividends, assessments, and property income</th><th>Other receipts</th><th>Total, sources of funds</th></tr><tr><td>Reconstruction Finance Corporation</td><td>$ 20,709,858</td><td>$5,099,468,578</td><td>$ 569,156,494</td><td>$ 76,235,152</td><td>$ 7,362,127,082</td></tr><tr><td>Commodity Credit Corporation</td><td>39,016,302</td><td>696,144,675</td><td>16,011,409</td><td>1,805,989</td><td>1,719,358,967</td></tr><tr><td>Export-Import Bank of Washington</td><td>-</td><td>37,957,897</td><td>6,921,329</td><td>707,119</td><td>120,586,345</td></tr><tr><td>Federal Deposit Insurance Corporation</td><td>-</td><td>53,704,932</td><td>268,050,372</td><td>4,016,850</td><td>615,071,711</td></tr><tr><td>Rural Electrification Administration</td><td>-</td><td>2,383,912</td><td>6,945,856</td><td>5,505</td><td>259,691,057</td></tr><tr><td>Home Owners' Loan Corporation</td><td>99,134,063</td><td>820,445,271</td><td>794,556,526</td><td>19,285,974</td><td>5,047,875,384</td></tr><tr><td>Federal Savings and Loan Insurance Corporation</td><td>-</td><td>-</td><td>29,981,048</td><td>120,357</td><td>130,101,405</td></tr><tr><td>Federal Home Loan Banks</td><td>-</td><td>495,634,423</td><td>36,282,602</td><td>71,625,428 1/</td><td>776,783,453</td></tr><tr><td>United States Housing Authority</td><td>785,098</td><td>226,378,744</td><td>13,598,753</td><td>177,523</td><td>413,060,324</td></tr><tr><td>Federal Farm Mortgage Corporation</td><td>10,161,427</td><td>262,109,855</td><td>381,887,704</td><td>9,294,128</td><td>2,132,841,014</td></tr><tr><td>Central Bank for Cooperatives</td><td>-</td><td>195,921,572</td><td>10,063,218</td><td>4,175,105</td><td>255,988,576</td></tr><tr><td>Disaster Loan Corporation</td><td>43,044</td><td>4,772,707</td><td>631,067</td><td>122,746</td><td>29,569,564</td></tr><tr><td>Electric Home and Farm Authority</td><td>-</td><td>17,167,736</td><td>2,871,847</td><td>252,928</td><td>33,510,721</td></tr><tr><td>Federal National Mortgage Association</td><td>60,022</td><td>18,417,398</td><td>12,754,121</td><td>3,267,138</td><td>197,769,452</td></tr><tr><td>EFC Mortgage Company</td><td>461,070</td><td>102,047,558</td><td>10,148,087</td><td>2,875,857</td><td>175,429,051</td></tr><tr><td>Other Corporations 5/</td><td>-</td><td>-</td><td>-</td><td>-</td><td>10,395,055</td></tr><tr><td>Total</td><td>$170,370,884</td><td>$8,032,555,258</td><td>$2,159,860,433</td><td>$193,967,799</td><td>$19,280,159,161</td></tr></table>
Reports received from the corporations and agencies.
1/ Items in this column are the only ones in this statement which constitute a charge against the Federal Budget.
2/ Includes $3,000,000 E.I.R.A.; $97,000,000 E.P.C. included in notes canceled by the Treasury (See footnote 3); and $170,128,591.77 restoration of Capital Impairment, which is net of a repayment to the Treasury of $43,756,731.01 on the basis of March 31, 1940 appraisal of the corporation, pursuant to Public No. 442 - 75th Congress, approved March 8, 1938.
3/ These funds were furnished by the Reconstruction Finance Corporation from the proceeds of its notes sold to the Treasury, such amounts being included in the total of obligations of the corporation canceled by the Secretary of the Treasury pursuant to the Act of February 24, 1938.
4/ Retirement of these obligations shown as "Retirement of obligations issued in exchange for mortgages" in the statement of uses of funds.
5/ Includes Metale Reserve Company, Rubber Reserve Company, and Defense Plant Corporation.
6/ Receipts from the sale of property acquired in liquidation of loans are shown as "Sale of other property acquired".
7/ Includes $43,133,200 paid-in capital stock held by member institutions.
31
Uses of Funds of Certain Governmental Corporations and Credit Agencies from Inception of Organization through September 30, 1940
<table><tr><th>Corporation or agency</th><th colspan="2">Expenses</th><th>Purchase and improvement of property owned</th><th>Loans</th><th>Retirement of obligations issued in exchange for mortgages 1/</th></tr><tr><th></th><th>Administrative</th><th>Nonadminis- trative</th><th></th><th></th><th></th></tr><tr><td>Reconstruction Finance Corporation</td><td>$ 76,481,084</td><td>$ 6,452,260</td><td>-</td><td>$ 6,687,005,128</td><td>-</td></tr><tr><td>Commodity Credit Corporation</td><td>9,046,229</td><td>-</td><td>$ 77,000,881</td><td>1,452,018,074</td><td>-</td></tr><tr><td>Export-Import Bank of Washington</td><td>395,256</td><td>2,836</td><td>-</td><td>93,784,426</td><td>-</td></tr><tr><td>Federal Deposit Insurance Corporation</td><td>20,874,840</td><td>-</td><td>-</td><td>157,496,403</td><td>-</td></tr><tr><td>Rural Electrification Administration</td><td>8,988,706</td><td>-</td><td>-</td><td>235,032,264</td><td>-</td></tr><tr><td>Home Owners' Loan Corporation</td><td>203,250,643</td><td>101,762,208</td><td>127,806,676</td><td>3,249,319,115</td><td>$490,818,700</td></tr><tr><td>Federal Savings and Loan Insurance Corporation</td><td>1,090,212</td><td>21,801</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Federal Home Loan Banks</td><td>8,668,911</td><td>-</td><td>-</td><td>671,681,889</td><td>-</td></tr><tr><td>United States Housing Authority</td><td>11,375,954</td><td>4,434,741</td><td>26,130,302</td><td>344,887,956</td><td>-</td></tr><tr><td>Federal Farm Mortgage Corporation</td><td>64,692,424</td><td>3,727,487</td><td>10,932,675</td><td>1,001,207,975</td><td>-</td></tr><tr><td>Central Bank for Cooperatives</td><td>766,977</td><td>-</td><td>-</td><td>218,977,163</td><td>-</td></tr><tr><td>Disaster Loan Corporation</td><td>2,381,717</td><td>104,968</td><td>-</td><td>26,596,714</td><td>-</td></tr><tr><td>Electric Home and Farm Authority</td><td>1,569,460</td><td>652,146</td><td>-</td><td>30,371,554</td><td>-</td></tr><tr><td>Federal National Mortgage Association</td><td>1,881,075</td><td>1,668,067</td><td>-</td><td>190,517,577</td><td>-</td></tr><tr><td>EFC Mortgage Company</td><td>3,761,549</td><td>3,257,041</td><td>5,000</td><td>163,989,563</td><td>-</td></tr><tr><td>Other Corporations 2/</td><td>-</td><td>-</td><td>7,036,748</td><td>-</td><td>-</td></tr><tr><td>Total</td><td>$415,825,037</td><td>$122,083,557</td><td>$248,912,283</td><td>$14,552,885,801</td><td>$490,818,700</td></tr></table>
<table><tr><th>Corporation or agency</th><th>Investments (net) 1/</th><th>Allocations, rediscounts and loans to other governmental corporations and agencies (net)</th><th>Interest and dividends paid</th><th>Other expenditures</th><th>Total uses of funds</th></tr><tr><td>Reconstruction Finance Corporation</td><td>$ 118,000,000</td><td>$109,904,031</td><td>$236,478,254</td><td>$13,592,306</td><td>$ 7,247,973,063</td></tr><tr><td>Commodity Credit Corporation</td><td>-</td><td>115,568,579</td><td>19,945,416</td><td>10,157,942</td><td>1,714,337,121</td></tr><tr><td>Export-Import Bank of Washington</td><td>-</td><td>22,150,000</td><td>2,262,329</td><td>543,801</td><td>119,138,650</td></tr><tr><td>Federal Deposit Insurance Corporation</td><td>370,611,836</td><td>-</td><td>-</td><td>42,611,294 1/</td><td>591,594,373</td></tr><tr><td>Rural Electrification Administration</td><td>-</td><td>-</td><td>2,017,138</td><td>371,526</td><td>246,410,234</td></tr><tr><td>Home Owners' Loan Corporation</td><td>296,043,910</td><td>-</td><td>431,810,689</td><td>7,674,771</td><td>4,908,486,718</td></tr><tr><td>Federal Savings and Loan Insurance Corporation</td><td>123,369,111</td><td>-</td><td>3,035,326</td><td>2,007,851 1/</td><td>129,524,301</td></tr><tr><td>Federal Home Loan Banks</td><td>55,538,789</td><td>-</td><td>18,421,678</td><td>214,919</td><td>754,526,186</td></tr><tr><td>United States Housing Authority</td><td>4,570,000</td><td>-</td><td>2,511,502</td><td>60,858</td><td>393,971,313</td></tr><tr><td>Federal Farm Mortgage Corporation</td><td>764,864,840</td><td>-</td><td>237,326,776</td><td>14,852,658</td><td>2,097,604,835</td></tr><tr><td>Central Bank for Cooperatives</td><td>17,498,262</td><td>-</td><td>478,753</td><td>3,176,782</td><td>240,897,937</td></tr><tr><td>Disaster Loan Corporation</td><td>-</td><td>482,864</td><td>-</td><td>2,301</td><td>29,568,564</td></tr><tr><td>Electric Home and Farm Authority</td><td>-</td><td>-</td><td>226,366</td><td>190,601</td><td>33,010,133</td></tr><tr><td>Federal National Mortgage Association</td><td>-</td><td>-</td><td>3,605,016</td><td>97,717</td><td>197,769,452</td></tr><tr><td>IFC Mortgage Company</td><td>-</td><td>-</td><td>4,409,025</td><td>5,722</td><td>175,427,900</td></tr><tr><td>Other Corporations 2/</td><td>-</td><td>3,358,307</td><td>-</td><td>-</td><td>10,395,095</td></tr><tr><td>Total</td><td>$1,750,496,748</td><td>$251,523,781</td><td>$962,528,868</td><td>$95,561,061</td><td>$18,890,635,836</td></tr></table>
Sources: Reports received from the corporations and agencies. Data on basis of checks issued.
1/ Receipts received in payment of mortgages appear under 'Repayment of loans' in the statement of sources of funds.
2/ Includes Metala Reserve Company, Rubber Reserve Company, and Defense Plant Corporation.
3/ Includes U. S. Government bonds in the amount of $754,923,441 as follows: Federal Deposit Insurance Corporation, $297,121,695; Federal Savings and Loan Insurance Corporation, $15,164,500; U. S. Housing Authority, $4,570,000; Federal Home Loan Banks, $36,067,246; and Home Owners' Loan Corporation, $2,000,000.
4/ Includes expenditures for contributions and subrogated shares or claims in insured financial institutions.
32
Principal of Outstanding Interest-Bearing Obligations Guaranteed by the United States
(In millions of dollars)
<table><tr><th>End of fiscal year or month</th><th>Total unamortized obligations outstanding</th><th>Commodity Credit Corporation notes</th><th>Federal Farm Mortgage Corporation bonds</th><th>Federal Housing Administration debentures</th><th>Home Owners' Loan Corporation bonds</th><th>Reconstruction Finance Corporation notes</th><th>United States Housing Authority notes</th></tr><tr><td>1934</td><td>680.7</td><td>-</td><td>311.6</td><td>-</td><td>134.3</td><td>294.8</td><td>-</td></tr><tr><td>1935</td><td>4,122.7</td><td>-</td><td>1,225.6</td><td>-</td><td>2,647.3</td><td>249.8</td><td>-</td></tr><tr><td>1936</td><td>4,718.0</td><td>-</td><td>1,422.2</td><td>-</td><td>3,044.2</td><td>251.6</td><td>-</td></tr><tr><td>1937</td><td>4,664.6</td><td>-</td><td>1,422.2</td><td>.1</td><td>2,987.1</td><td>255.2</td><td>-</td></tr><tr><td>1938</td><td>4,852.7</td><td>206.2</td><td>1,409.8</td><td>.6</td><td>2,937.2</td><td>288.9</td><td>-</td></tr><tr><td>1939</td><td>5,450.0</td><td>206.2</td><td>1,379.4</td><td>2.6</td><td>2,927.9</td><td>519.7</td><td>114.2</td></tr><tr><td>1940</td><td>5,497.6</td><td>406.8</td><td>1,269.4</td><td>7.5</td><td>2,603.3</td><td>1,096.4</td><td>114.2</td></tr><tr><td>1939-Oct.</td><td>5,356.2</td><td>406.8</td><td>1,279.3</td><td>2.9</td><td>2,731.3</td><td>819.8</td><td>114.2</td></tr><tr><td>Nov.</td><td>5,620.7</td><td>406.8</td><td>1,269.4</td><td>3.4</td><td>2,731.2</td><td>1,095.7</td><td>114.2</td></tr><tr><td>Dec.</td><td>5,621.2</td><td>406.8</td><td>1,269.4</td><td>3.5</td><td>2,731.2</td><td>1,096.1</td><td>114.2</td></tr><tr><td>1940-Jan.</td><td>5,620.9</td><td>406.8</td><td>1,269.4</td><td>3.1</td><td>2,731.2</td><td>1,095.2</td><td>114.2</td></tr><tr><td>Feb.</td><td>5,621.3</td><td>406.8</td><td>1,269.4</td><td>3.6</td><td>2,731.2</td><td>1,096.1</td><td>114.2</td></tr><tr><td>Mar.</td><td>5,623.8</td><td>406.8</td><td>1,269.4</td><td>6.1</td><td>2,731.2</td><td>1,095.1</td><td>114.2</td></tr><tr><td>Apr.</td><td>5,624.5</td><td>406.8</td><td>1,269.4</td><td>6.6</td><td>2,731.2</td><td>1,095.3</td><td>114.2</td></tr><tr><td>May.</td><td>5,497.2</td><td>406.8</td><td>1,269.4</td><td>7.2</td><td>2,603.3</td><td>1,096.3</td><td>114.2</td></tr><tr><td>June.</td><td>5,497.6</td><td>406.8</td><td>1,269.4</td><td>7.5</td><td>2,603.3</td><td>1,096.4</td><td>114.2</td></tr><tr><td>July.</td><td>5,498.6</td><td>406.8</td><td>1,269.4</td><td>8.4</td><td>2,603.4</td><td>1,096.4</td><td>114.2</td></tr><tr><td>Aug.</td><td>5,788.4</td><td>696.2</td><td>1,269.4</td><td>8.8</td><td>2,603.4</td><td>1,096.4</td><td>114.2</td></tr><tr><td>Sept.</td><td>5,787.2</td><td>696.2</td><td>1,269.4</td><td>9.1</td><td>2,601.8</td><td>1,096.5</td><td>114.2</td></tr><tr><td>Oct.p.</td><td>5,790.5</td><td>696.2</td><td>1,269.4</td><td>12.3</td><td>2,601.8</td><td>1,096.6</td><td>114.2</td></tr></table>
Source:
Daily Treasury Statements. Preliminary. Excludes obligations sold directly to the Treasury.
Market Financing Operations Conducted by the Treasury for Agencies Issuing Securities Guaranteed by the United States
(in millions of dollars)
<table><tr><th>Agency</th><th>Date of issue</th><th>Rate per cent</th><th>Term</th><th>Call and maturity dates</th><th colspan="2">Amount issued</th><th>Amount of cash subscriptions tendered</th><th colspan="6">New securities allotted</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th>Bonds</th><th>Notes</th><th></th><th>For cash</th><th colspan="2">Amount of exchanges</th><th>Date of issue</th><th>Rate per cent</th><th>Call or maturity date</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th colspan="2"></th><th></th><th></th><th>Bonds</th><th>Notes</th><th></th><th></th><th></th></tr><tr><td>Commodity Credit Corporation.....</td><td>May 2, 1938</td><td>3/4</td><td>1 yr. 6 mos.</td><td>Nov. 2, 1939</td><td>-</td><td>206</td><td>1,839</td><td>148</td><td>-</td><td>58</td><td>Aug. 2, 1937</td><td>1</td><td>May 2, 1938</td></tr><tr><td></td><td>Aug. 1, 1939</td><td>5/8</td><td>2 years</td><td>Aug. 1, 1941</td><td>-</td><td>203</td><td>2,853</td><td>203</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td></td><td>Nov. 2, 1939</td><td>1</td><td>2 years 13 days</td><td>Nov. 15, 1941</td><td>-</td><td>204</td><td>-</td><td>-</td><td>-</td><td>204</td><td>May 2, 1938</td><td>3/4</td><td>Nov. 2, 1939</td></tr><tr><td></td><td>Aug. 1, 1940</td><td>3/4</td><td>2 years 9 mos.</td><td>May 1, 1943</td><td>-</td><td>289</td><td>3,185</td><td>289</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Federal Farm Mortgage Corporation.....</td><td>July 25, 1934 1/ (Add. 5/15/34) 2/</td><td>3</td><td>10 - 15 years</td><td>May 15, 1944 May 15, 1949</td><td>100</td><td>-</td><td>195</td><td>100</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td></td><td>Sept. 3, 1935 1/</td><td>1-1/2</td><td>4 years</td><td>Sept. 1, 1939</td><td>85</td><td>-</td><td>86</td><td>85</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Home Owners' Loan Corporation.....</td><td>Aug. 15, 1934 1/</td><td>1-1/2</td><td>2 years</td><td>Aug. 15, 1936</td><td>50</td><td>-</td><td>124</td><td>50</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td></td><td>Aug. 15, 1934 1/1-3/4</td><td>3</td><td>3 years</td><td>Aug. 15, 1937</td><td>50</td><td>-</td><td>48</td><td>50</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td></td><td>Aug. 15, 1934 1/2</td><td>2</td><td>4 years</td><td>Aug. 15, 1938</td><td>50</td><td>-</td><td>60</td><td>50</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td></td><td>June 1, 1935</td><td>1-1/2</td><td>4 years</td><td>June 1, 1939</td><td>325 3/</td><td>-</td><td>-</td><td>80</td><td>245</td><td>-</td><td>July 1, 1933</td><td>4</td><td>July 1, 1935</td></tr><tr><td></td><td>May 15, 1939</td><td>3/8</td><td>1 year</td><td>May 15, 1940</td><td>128</td><td>-</td><td>-</td><td>-</td><td>128</td><td>-</td><td>June 1, 1935</td><td>1-1/2</td><td>June 1, 1939</td></tr><tr><td></td><td>May 15, 1939</td><td>5/8</td><td>2 years</td><td>May 15, 1941</td><td>192</td><td>-</td><td>-</td><td>-</td><td>192</td><td>-</td><td>June 1, 1935</td><td>1-1/2</td><td>June 1, 1939</td></tr><tr><td></td><td>June 1, 1939</td><td>1-1/2</td><td>6 - 8 years</td><td>June 1, 1945 June 1, 1947</td><td>764 4/</td><td>-</td><td>-</td><td>77</td><td>687</td><td>-</td><td>Aug. 1, 1934</td><td>2-3/4</td><td>Aug. 1, 1939</td></tr><tr><td>Reconstruction Finance Corp.....</td><td>July 20, 1938</td><td>7/8</td><td>3 years</td><td>July 20, 1941</td><td>-</td><td>211</td><td>2,627</td><td>211</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td></td><td>Nov. 1, 1938</td><td>7/8</td><td>3 years</td><td>Nov. 1, 1941</td><td>-</td><td>297</td><td>-</td><td>-</td><td>-</td><td>297 5/</td><td>Dec. 16, 1935</td><td>1-1/2</td><td>Dec. 15, 1938</td></tr><tr><td></td><td>Feb. 15, 1939</td><td>7/8</td><td>2 years 11 mos.</td><td>Jan. 15, 1942</td><td>-</td><td>310</td><td>2,567</td><td>310</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td></td><td>Nov. 10, 1939</td><td>1</td><td>2 years 7 mos.</td><td>July 1, 1942</td><td>-</td><td>276</td><td>3,619</td><td>276</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>U. S. Housing Authority.....</td><td>Feb. 1, 1939</td><td>1-3/8</td><td>5 years</td><td>Feb. 1, 1944</td><td>-</td><td>114</td><td>2,774</td><td>114</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td></td><td>Nov. 1, 1940</td><td>1/4</td><td>1 year</td><td>Nov. 1, 1941</td><td>-</td><td>112</td><td>1,860</td><td>112</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr></table>
1/ Sold on a bid basis.
2/ Original issue sold by agency.
3/ Original issue of $245,254,750 increased by sales on the market of $80,000,000, proceeds of which were used to retire the called bonds.
4/ Original issue of $687,266,800 increased by sales on the market of $76,350,000, proceeds of which were used to retire the called bonds.
5/ In view of the fact that the new 7/8% notes offered for sale were limited to the amount of 1-1/2% notes maturing December 15, 1935, tendered for purchase, this transaction was in effect an exchange offering and is so shown in this statement.
33
Maturity Schedule of Securities Guaranteed by the United States As of October 31, 1940
(Amount in millions of dollars) 2/
<table><tr><th colspan="4">Classified by year in which issues are first callable 3/</th><th colspan="4">Classified by year in which issues mature</th></tr><tr><th>Description of security 4/</th><th>Fixed-maturity issues</th><th>Callable issues</th><th>Cumulative total</th><th>Description of security 4/</th><th>Fixed-maturity issues</th><th>Callable issues</th><th>Cumulative total</th></tr><tr><td>1940</td><td></td><td>-</td><td>-</td><td>1940</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1941</td><td></td><td></td><td></td><td>1941</td><td></td><td></td><td></td></tr><tr><td>5/8% HOLC Bonds L - 5/15 41</td><td>191</td><td></td><td></td><td>5/8% HOLC Bonds L - 5/15 41</td><td>191</td><td></td><td></td></tr><tr><td>7/8% RFC Notes M - 7/20 41</td><td>211</td><td></td><td></td><td>7/8% RFC Notes M - 7/20 41</td><td>211</td><td></td><td></td></tr><tr><td>5/8% CCC Notes D - 8/1 41</td><td>203</td><td></td><td></td><td>5/8% CCC Notes D - 8/1 41</td><td>203</td><td></td><td></td></tr><tr><td>7/8% RFC Notes P - 11/1 41</td><td>299</td><td></td><td></td><td>7/8% RFC Notes P - 11/1 41</td><td>299</td><td></td><td></td></tr><tr><td>1% CCC Notes E - 11/15 41</td><td>204</td><td></td><td></td><td>1% CCC Notes E - 11/15 41</td><td>204</td><td></td><td></td></tr><tr><td>Total</td><td>1,108</td><td>-</td><td>1,108</td><td>Total</td><td>1,108</td><td>-</td><td>1,108</td></tr><tr><td>1942</td><td></td><td></td><td></td><td>1942</td><td></td><td></td><td></td></tr><tr><td>7/8% RFC Notes R - 1/15 42</td><td>310</td><td></td><td></td><td>7/8% RFC Notes R - 1/15 42</td><td>310</td><td></td><td></td></tr><tr><td>3% PIMC Bonds - 1/15 42-47</td><td></td><td>236</td><td></td><td>1% RFC Notes S - 7/1 42</td><td>276</td><td></td><td></td></tr><tr><td>2-3/4% PIMC Bonds - 3/1 42-47</td><td></td><td>103</td><td></td><td>Total</td><td>586</td><td>-</td><td>1,694</td></tr><tr><td>1% RFC Notes S - 7/1 42</td><td>276</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>2-1/4% HOLC Bonds O - 7/1 42-44</td><td></td><td>877</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total</td><td>586</td><td>1,216</td><td>2,910</td><td></td><td></td><td></td><td></td></tr><tr><td>1943</td><td></td><td></td><td></td><td>1943</td><td></td><td></td><td></td></tr><tr><td>3/4% CCC Notes Y - 5/1 43</td><td>289</td><td></td><td></td><td>3/4% CCC Notes Y - 5/1 43</td><td>289</td><td></td><td></td></tr><tr><td>Total</td><td>289</td><td>-</td><td>3,199</td><td>Total</td><td>289</td><td>-</td><td>1,983</td></tr><tr><td>1944</td><td></td><td></td><td></td><td>1944</td><td></td><td></td><td></td></tr><tr><td>1-3/8% USHA Notes B - 2/1 44</td><td>114</td><td></td><td></td><td>1-3/8% USHA Notes B - 2/1 44</td><td>114</td><td></td><td></td></tr><tr><td>3-1/4% PIMC Bonds - 3/15 44-64</td><td></td><td>95</td><td></td><td>2-1/4% HOLC Bonds O - 7/1 42-44</td><td></td><td>877</td><td></td></tr><tr><td>3% HOLC Bonds A - 5/1 44-52</td><td></td><td>779</td><td></td><td>Total</td><td>114</td><td>877</td><td>2,974</td></tr><tr><td>3% PIMC Bonds - 5/15 44-49</td><td></td><td>835</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total</td><td>114</td><td>1,709</td><td>5,022</td><td></td><td></td><td></td><td></td></tr><tr><td>1945</td><td></td><td></td><td></td><td>1945</td><td></td><td></td><td></td></tr><tr><td>1-1/2% HOLC Bonds M - 6/1 45-47</td><td></td><td>755</td><td></td><td></td><td>-</td><td>-</td><td>2,974</td></tr><tr><td>Total</td><td>-</td><td>755</td><td>5,777</td><td></td><td></td><td></td><td></td></tr><tr><td>1946</td><td></td><td></td><td></td><td>1946</td><td></td><td></td><td></td></tr><tr><td></td><td>-</td><td>-</td><td>5,777</td><td></td><td>-</td><td>-</td><td>2,974</td></tr><tr><td>1947</td><td></td><td></td><td></td><td>1947</td><td></td><td></td><td></td></tr><tr><td></td><td>-</td><td>-</td><td>5,777</td><td>3% PIMC Bonds - 1/15 42-47</td><td></td><td>236</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td>2-3/4% PIMC Bonds - 3/1 42-47</td><td></td><td>103</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td>1-1/2% HOLC Bonds M - 6/1 45-47</td><td></td><td>755</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td>Total</td><td>-</td><td>1,094</td><td>4,068</td></tr><tr><td>1948</td><td></td><td></td><td></td><td>1948</td><td></td><td></td><td></td></tr><tr><td></td><td>-</td><td>-</td><td>5,777</td><td></td><td>-</td><td>-</td><td>4,068</td></tr><tr><td>1949</td><td></td><td></td><td></td><td>1949</td><td></td><td></td><td></td></tr><tr><td></td><td>-</td><td>-</td><td>5,777</td><td>3% PIMC Bonds - 5/15 44-49</td><td></td><td>835</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td>Total</td><td>-</td><td>835</td><td>4,903</td></tr><tr><td>1950-51</td><td></td><td></td><td></td><td>1950-51</td><td></td><td></td><td></td></tr><tr><td></td><td>-</td><td>-</td><td>5,777</td><td></td><td>-</td><td>-</td><td>4,903</td></tr><tr><td>1952</td><td></td><td></td><td></td><td>1952</td><td></td><td></td><td></td></tr><tr><td></td><td>-</td><td>-</td><td>5,777</td><td>3% HOLC Bonds A - 5/1 44-52</td><td></td><td>779</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td>Total</td><td>-</td><td>779</td><td>5,682</td></tr><tr><td>1953-63</td><td></td><td></td><td></td><td>1953-63</td><td></td><td></td><td></td></tr><tr><td></td><td>-</td><td>-</td><td>5,777</td><td></td><td>-</td><td>-</td><td>5,682</td></tr><tr><td>1964</td><td></td><td></td><td></td><td>1964</td><td></td><td></td><td></td></tr><tr><td></td><td>-</td><td>-</td><td>5,777</td><td>3-1/4% PIMC Bonds - 3/15 44-64</td><td></td><td>95</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td>Total</td><td>-</td><td>95</td><td>5,777</td></tr></table>
1/ Excludes (1) FRA debentures; (2) securities issued on the credit of the United States.
2/ Because the figures in this table are rounded to the nearest million, totals will not necessarily agree with other published figures.
3/ Fixed-maturity issues are classified by year in which due.
4/ The securities referred to are those of the following corporations: Home Owners' Loan Corporation, Reconstruction Finance Corporation, Commodity Credit Corporation, Federal Farm Mortgage Corporation, and United States Housing Authority.
CAPITAL MOVEMENTS BETWEEN THE UNITED STATES AND FOREIGN COUNTRIES
34
Summary Table - Change in Short-Term Foreign Liabilities and Assets, as Reported by Banks and Bankers in the United States, During the First Year of the War in Europe
(In thousands of dollars)
<table><tr><th>Classification and date</th><th>Grand total</th><th>United Kingdom</th><th>France</th><th>Germany</th><th>Italy</th><th>Nother-lande</th><th>Swit-zerland</th><th>Other Europe</th><th>Total Europe</th><th>Canada</th><th>Total Latic America</th><th>Total Asia</th><th>All other</th></tr><tr><td>TOTAL SHORT-TERM</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>FORRION LIABILITIES:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>2,905,367</td><td>594,497</td><td>315,853</td><td>11,122</td><td>11,358</td><td>158,722</td><td>283,619</td><td>431,013</td><td>1,806,184</td><td>356,195</td><td>389,820</td><td>283,748</td><td>69,420</td></tr><tr><td>Sept. 4, 1940</td><td>3,601,419</td><td>385,719</td><td>515,191</td><td>10,539</td><td>26,055</td><td>182,732</td><td>476,385</td><td>651,739</td><td>2,248,363</td><td>395,894</td><td>432,332</td><td>462,133</td><td>62,697</td></tr><tr><td>Change</td><td>+696,052</td><td>-208,778</td><td>+199,338</td><td>-583</td><td>+14,597</td><td>+24,010</td><td>+192,769</td><td>+220,726</td><td>+442,179</td><td>+39,699</td><td>+42,512</td><td>+178,385</td><td>-6,723</td></tr><tr><td>TOTAL LIABILITIES</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>PAYABLE IN DOLLARS:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>2,817,575</td><td>524,551</td><td>313,675</td><td>10,748</td><td>11,099</td><td>157,885</td><td>283,417</td><td>429,453</td><td>1,730,828</td><td>354,053</td><td>389,397</td><td>274,208</td><td>69,089</td></tr><tr><td>Sept. 4, 1940</td><td>3,554,443</td><td>358,686</td><td>513,081</td><td>10,261</td><td>25,871</td><td>179,204</td><td>475,559</td><td>649,273</td><td>2,211,915</td><td>394,808</td><td>430,927</td><td>454,469</td><td>62,329</td></tr><tr><td>Change</td><td>+736,873</td><td>-165,865</td><td>+199,406</td><td>-487</td><td>+14,772</td><td>+21,319</td><td>+192,142</td><td>+219,820</td><td>+481,087</td><td>+40,755</td><td>+41,530</td><td>+180,261</td><td>-6,760</td></tr><tr><td>Deposits for foreign accounts:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>2,693,101</td><td>511,614</td><td>307,836</td><td>10,229</td><td>10,506</td><td>151,671</td><td>272,356</td><td>414,721</td><td>1,678,933</td><td>349,531</td><td>362,470</td><td>233,631</td><td>68,536</td></tr><tr><td>Sept. 4, 1940</td><td>3,435,278</td><td>354,293</td><td>508,641</td><td>10,106</td><td>25,444</td><td>178,622</td><td>468,679</td><td>641,242</td><td>2,187,227</td><td>392,282</td><td>417,171</td><td>377,812</td><td>60,826</td></tr><tr><td>Change</td><td>+742,177</td><td>-157,321</td><td>+200,805</td><td>-123</td><td>+14,938</td><td>+27,151</td><td>+196,323</td><td>+226,521</td><td>+508,294</td><td>+42,711</td><td>+54,701</td><td>+144,181</td><td>-7,710</td></tr><tr><td>Bill held for foreign accounts:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>100,632</td><td>6,480</td><td>2,324</td><td>278</td><td>525</td><td>5,503</td><td>9,820</td><td>12,873</td><td>37,803</td><td>3,306</td><td>25,485</td><td>33,679</td><td>359</td></tr><tr><td>Sept. 4, 1940</td><td>82,661</td><td>2,920</td><td>319</td><td>20</td><td>359</td><td>134</td><td>6,302</td><td>7,401</td><td>17,455</td><td>1,903</td><td>13,034</td><td>46,951</td><td>1,318</td></tr><tr><td>Change</td><td>-17,971</td><td>-3,560</td><td>-2,005</td><td>-258</td><td>-166</td><td>-5,369</td><td>-3,518</td><td>-5,472</td><td>-20,348</td><td>-1,403</td><td>-12,451</td><td>+15,272</td><td>+959</td></tr><tr><td>Short-term United States Government obligations held for foreign accounts:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>6,533</td><td>32</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1</td><td>33</td><td>-</td><td>-</td><td>6,500</td><td>-</td></tr><tr><td>Sept. 4, 1940</td><td>27,722</td><td>4</td><td>3,130</td><td>50</td><td>-</td><td>21</td><td>50</td><td>-</td><td>3,255</td><td>220</td><td>37</td><td>24,210</td><td>-</td></tr><tr><td>Change</td><td>+21,189</td><td>-28</td><td>+3,130</td><td>+50</td><td>-</td><td>+21</td><td>+50</td><td>-</td><td>+3,222</td><td>+220</td><td>+37</td><td>+17,710</td><td>-</td></tr><tr><td>Other liabilities payable in dollars:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>17,309</td><td>6,425</td><td>3,515</td><td>241</td><td>68</td><td>711</td><td>1,241</td><td>1,958</td><td>14,059</td><td>1,216</td><td>1,442</td><td>398</td><td>194</td></tr><tr><td>Sept. 4, 1940</td><td>8,787</td><td>1,449</td><td>951</td><td>85</td><td>68</td><td>227</td><td>528</td><td>630</td><td>3,978</td><td>443</td><td>685</td><td>3,496</td><td>185</td></tr><tr><td>Change</td><td>-8,522</td><td>-4,976</td><td>-2,524</td><td>-156</td><td>-</td><td>-484</td><td>-713</td><td>-1,228</td><td>-10,081</td><td>-773</td><td>-757</td><td>+3,098</td><td>-9</td></tr><tr><td>TOTAL LIABILITIES PAYABLE</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>IN FOREIGN CURRENCIES:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>87,792</td><td>69,946</td><td>2,178</td><td>374</td><td>259</td><td>837</td><td>202</td><td>1,560</td><td>75,356</td><td>2,142</td><td>423</td><td>9,540</td><td>331</td></tr><tr><td>Sept. 4, 1940</td><td>46,971</td><td>27,053</td><td>2,110</td><td>278</td><td>184</td><td>3,528</td><td>829</td><td>2,466</td><td>36,448</td><td>1,086</td><td>1,405</td><td>1,604</td><td>368</td></tr><tr><td>Change</td><td>-40,821</td><td>-42,893</td><td>-68</td><td>-96</td><td>-75</td><td>+2,691</td><td>+627</td><td>+906</td><td>-38,908</td><td>-1,056</td><td>+982</td><td>-1,876</td><td>+37</td></tr><tr><td>Borrowing from foreign banks:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>32,853</td><td>20,794</td><td>218</td><td>326</td><td>169</td><td>87</td><td>89</td><td>767</td><td>22,450</td><td>1,871</td><td>382</td><td>8,149</td><td>1</td></tr><tr><td>Sept. 4, 1940</td><td>25,205</td><td>12,727</td><td>770</td><td>23</td><td>165</td><td>2,194</td><td>529</td><td>2,193</td><td>18,601</td><td>637</td><td>1,016</td><td>4,732</td><td>219</td></tr><tr><td>Change</td><td>-7,648</td><td>-8,067</td><td>+552</td><td>-303</td><td>-4</td><td>+2,107</td><td>+440</td><td>+1,426</td><td>-3,849</td><td>-1,234</td><td>+634</td><td>-3,417</td><td>+218</td></tr><tr><td>Acceptances made by foreign banks:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>45,845</td><td>42,951</td><td>1,765</td><td>33</td><td>10</td><td>488</td><td>8</td><td>356</td><td>45,611</td><td>172</td><td>-</td><td>62</td><td>-</td></tr><tr><td>Sept. 4, 1940</td><td>12,847</td><td>9,948</td><td>1,208</td><td>-</td><td>-</td><td>1,128</td><td>-</td><td>75</td><td>12,359</td><td>346</td><td>13</td><td>79</td><td>50</td></tr><tr><td>Change</td><td>-32,998</td><td>-33,003</td><td>-557</td><td>-33</td><td>-10</td><td>+640</td><td>-</td><td>-281</td><td>-33,252</td><td>+174</td><td>+13</td><td>+17</td><td>+50</td></tr><tr><td>Other liabilities payable in foreign currencies:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>9,094</td><td>6,201</td><td>195</td><td>15</td><td>80</td><td>262</td><td>105</td><td>437</td><td>7,295</td><td>99</td><td>41</td><td>1,329</td><td>330</td></tr><tr><td>Sept. 4, 1940</td><td>8,919</td><td>4,378</td><td>132</td><td>255</td><td>19</td><td>206</td><td>300</td><td>198</td><td>5,488</td><td>103</td><td>376</td><td>2,853</td><td>99</td></tr><tr><td>Change</td><td>-175</td><td>-1,823</td><td>-63</td><td>+240</td><td>-61</td><td>-56</td><td>+195</td><td>-239</td><td>-1,807</td><td>+4</td><td>+335</td><td>+1,524</td><td>-231</td></tr><tr><td>TOTAL SHORT-TERM FOREIGN ASSETS:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>483,472</td><td>66,902</td><td>8,701</td><td>73,011</td><td>12,558</td><td>10,258</td><td>2,468</td><td>44,652</td><td>218,580</td><td>43,980</td><td>104,057</td><td>105,344</td><td>11,511</td></tr><tr><td>Sept. 4, 1940</td><td>425,842</td><td>22,628</td><td>4,182</td><td>46,023</td><td>4,085</td><td>1,208</td><td>1,929</td><td>34,902</td><td>114,957</td><td>31,171</td><td>112,337</td><td>158,466</td><td>8,912</td></tr><tr><td>Change</td><td>-57,630</td><td>-44,274</td><td>-4,519</td><td>-26,988</td><td>-8,503</td><td>-9,050</td><td>-539</td><td>-9,750</td><td>-103,623</td><td>-12,809</td><td>+8,280</td><td>+53,121</td><td>-2,599</td></tr><tr><td>TOTAL ASSETS PAYABLE</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>IN FOREIGN CURRENCIES:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>94,565</td><td>37,591</td><td>1,399</td><td>242</td><td>1,494</td><td>3,113</td><td>834</td><td>3,724</td><td>48,367</td><td>16,079</td><td>4,737</td><td>24,388</td><td>994</td></tr><tr><td>Sept. 4, 1940</td><td>44,483</td><td>10,157</td><td>447</td><td>667</td><td>726</td><td>401</td><td>573</td><td>2,372</td><td>15,343</td><td>4,070</td><td>2,155</td><td>22,127</td><td>788</td></tr><tr><td>Change</td><td>-50,082</td><td>-27,434</td><td>-952</td><td>+425</td><td>-738</td><td>-2,712</td><td>-261</td><td>-1,352</td><td>-33,024</td><td>-12,009</td><td>-2,582</td><td>-2,261</td><td>-206</td></tr><tr><td>Banks own deposits abroad:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>45,747</td><td>24,531</td><td>895</td><td>159</td><td>76</td><td>2,231</td><td>695</td><td>1,300</td><td>29,887</td><td>13,395</td><td>777</td><td>1,614</td><td>74</td></tr><tr><td>Sept. 4, 1940</td><td>10,574</td><td>5,663</td><td>57</td><td>49</td><td>233</td><td>128</td><td>448</td><td>264</td><td>6,842</td><td>2,272</td><td>189</td><td>1,223</td><td>48</td></tr><tr><td>Change</td><td>-35,173</td><td>-18,868</td><td>-838</td><td>-110</td><td>+157</td><td>-2,103</td><td>-247</td><td>-1,036</td><td>-23,045</td><td>-11,123</td><td>-588</td><td>-391</td><td>-26</td></tr><tr><td>Deposits abroad for account of domestic clients:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>27,325</td><td>3,741</td><td>362</td><td>58</td><td>1,270</td><td>109</td><td>17</td><td>875</td><td>6,432</td><td>956</td><td>96</td><td>19,813</td><td>28</td></tr><tr><td>Sept. 4, 1940</td><td>24,627</td><td>1,429</td><td>199</td><td>584</td><td>406</td><td>59</td><td>11</td><td>602</td><td>3,290</td><td>1,097</td><td>725</td><td>19,466</td><td>49</td></tr><tr><td>Change</td><td>-2,698</td><td>-2,312</td><td>-163</td><td>+526</td><td>-864</td><td>-50</td><td>-6</td><td>-273</td><td>-3,142</td><td>+141</td><td>+629</td><td>-347</td><td>+21</td></tr><tr><td>Other assets payable in foreign currencies:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>21,493</td><td>9,319</td><td>142</td><td>25</td><td>118</td><td>773</td><td>122</td><td>1,549</td><td>12,048</td><td>1,728</td><td>3,864</td><td>2,961</td><td>892</td></tr><tr><td>Sept. 4, 1940</td><td>9,282</td><td>3,065</td><td>191</td><td>34</td><td>87</td><td>214</td><td>114</td><td>1,506</td><td>5,211</td><td>701</td><td>1,241</td><td>1,438</td><td>691</td></tr><tr><td>Change</td><td>-12,211</td><td>-6,254</td><td>+49</td><td>+9</td><td>-31</td><td>-559</td><td>-8</td><td>+13</td><td>-6,837</td><td>-1,027</td><td>-2,623</td><td>-1,523</td><td>-201</td></tr><tr><td>TOTAL ASSETS PAYABLE IN DOLLARS:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>388,907</td><td>29,311</td><td>7,302</td><td>72,769</td><td>11,124</td><td>7,145</td><td>1,634</td><td>40,928</td><td>170,213</td><td>27,901</td><td>99,120</td><td>80,956</td><td>10,517</td></tr><tr><td>Sept. 4, 1940</td><td>381,359</td><td>12,471</td><td>3,735</td><td>45,356</td><td>3,359</td><td>807</td><td>1,356</td><td>32,530</td><td>99,614</td><td>27,101</td><td>110,182</td><td>136,338</td><td>8,128</td></tr><tr><td>Change</td><td>-7,548</td><td>-16,840</td><td>-3,567</td><td>-27,413</td><td>-7,765</td><td>-6,338</td><td>-278</td><td>-8,398</td><td>-70,599</td><td>-800</td><td>+10,862</td><td>+55,382</td><td>-2,389</td></tr
36
Summary Table - Security Transactions Between the United States and Foreign Countries, as Reported by Banks, Bankers, Brokers and Dealers in the United States, During the First Year of the War in Europe
(In thousands of dollars)
<table><tr><th>Classification</th><th>Grand total</th><th>United Kingdom</th><th>France</th><th>Germany</th><th>Italy</th><th>Nether-lands</th><th>Swit-zerland</th><th>Other Europe</th><th>Total Europe</th><th>Canada</th><th>Total Latin America</th><th>Total Asia</th><th>All other</th></tr><tr><td>Total foreign purchases of domestic securities</td><td>670,862</td><td>59,608</td><td>46,396</td><td>751</td><td>22,576</td><td>72,827</td><td>161,065</td><td>42,899</td><td>406,122</td><td>133,185</td><td>51,495</td><td>74,038</td><td>6,022</td></tr><tr><td>Total foreign sales of domestic securities</td><td>765,956</td><td>215,036</td><td>43,954</td><td>2,516</td><td>11,009</td><td>62,789</td><td>101,595</td><td>34,931</td><td>474,830</td><td>168,083</td><td>49,383</td><td>67,278</td><td>6,382</td></tr><tr><td>Net foreign purchases of domestic securities or sales (-)</td><td>-95,094</td><td>-158,428</td><td>2,442</td><td>-1,765</td><td>11,567</td><td>10,038</td><td>59,470</td><td>7,968</td><td>-68,708</td><td>-34,898</td><td>2,112</td><td>6,760</td><td>-360</td></tr><tr><td>Total foreign purchases of foreign securities</td><td>301,739</td><td>24,657</td><td>18,273</td><td>791</td><td>7,683</td><td>7,622</td><td>24,813</td><td>20,788</td><td>104,627</td><td>149,818</td><td>30,984</td><td>13,220</td><td>3,090</td></tr><tr><td>Total foreign sales of foreign securities</td><td>168,994</td><td>21,134</td><td>3,580</td><td>1,141</td><td>3,997</td><td>6,337</td><td>20,201</td><td>7,166</td><td>63,556</td><td>88,830</td><td>13,029</td><td>2,889</td><td>690</td></tr><tr><td>Net foreign purchases of foreign securities or sales (-)</td><td>132,745</td><td>3,523</td><td>14,693</td><td>-350</td><td>3,686</td><td>1,285</td><td>4,612</td><td>13,622</td><td>41,071</td><td>60,988</td><td>17,955</td><td>10,331</td><td>2,400</td></tr><tr><td>Total foreign purchases of securities</td><td>972,601</td><td>84,265</td><td>64,669</td><td>1,542</td><td>30,259</td><td>80,449</td><td>185,878</td><td>63,687</td><td>510,749</td><td>283,003</td><td>82,479</td><td>87,258</td><td>9,112</td></tr><tr><td>Total foreign sales of securities</td><td>934,950</td><td>239,170</td><td>47,534</td><td>3,657</td><td>15,006</td><td>69,126</td><td>121,796</td><td>42,097</td><td>538,386</td><td>256,913</td><td>62,412</td><td>70,167</td><td>7,072</td></tr><tr><td>Net foreign purchases of securities or sales (-)</td><td>37,651</td><td>-154,905</td><td>17,135</td><td>-2,115</td><td>15,253</td><td>11,323</td><td>64,082</td><td>21,590</td><td>-27,637</td><td>26,090</td><td>20,067</td><td>17,091</td><td>2,040</td></tr></table>
1/ August 30, 1939 to September 4, 1940.
Summary Table - Change in Foreign Balances in Brokerage Accounts, as Reported by Brokers and Dealers in the United States, During the First Year of the War in Europe
(In thousands of dollars)
<table><tr><th>Classification and date</th><th>Grand total</th><th>United Kingdom</th><th>France</th><th>Germany</th><th>Italy</th><th>Other-lands</th><th>Switzerland</th><th>Other Europe</th><th>Total Europe</th><th>Canada</th><th>Total Latin America</th><th>Total Asia</th><th>All other</th></tr><tr><td>Foreign debit balances: (due from abroad)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939....................</td><td>39,830</td><td>5,350</td><td>3,651</td><td>178</td><td>75</td><td>2,551</td><td>1,422</td><td>2,935</td><td>16,142</td><td>14,610</td><td>3,903</td><td>4,638</td><td>537</td></tr><tr><td>Sept. 4, 1940....................</td><td>25,640</td><td>2,035</td><td>1,608</td><td>67</td><td>109</td><td>751</td><td>1,298</td><td>2,937</td><td>8,301</td><td>11,204</td><td>3,090</td><td>2,309</td><td>236</td></tr><tr><td>Change....................</td><td>-14,190</td><td>-3,315</td><td>-2,043</td><td>-111</td><td>+34</td><td>-1,780</td><td>-128</td><td>+2</td><td>-7,341</td><td>-3,406</td><td>-813</td><td>-2,329</td><td>-301</td></tr><tr><td>Foreign credit balances: (due to abroad)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939....................</td><td>47,673</td><td>7,162</td><td>8,762</td><td>218</td><td>75</td><td>4,821</td><td>11,255</td><td>2,654</td><td>34,947</td><td>7,358</td><td>3,803</td><td>1,159</td><td>406</td></tr><tr><td>Sept. 4, 1940....................</td><td>48,981</td><td>2,332</td><td>6,155</td><td>185</td><td>51</td><td>6,299</td><td>14,866</td><td>3,259</td><td>33,147</td><td>3,007</td><td>10,474</td><td>1,888</td><td>465</td></tr><tr><td>Change....................</td><td>+1,308</td><td>+4,830</td><td>-2,607</td><td>-33</td><td>-24</td><td>+1,478</td><td>+3,611</td><td>+605</td><td>-1,800</td><td>-4,351</td><td>+6,671</td><td>+729</td><td>+59</td></tr></table>
Summary Table - Purchases and Sales of Foreign Exchange, Outstanding Forward Exchange Contracts Entered Into, and Net Position in Foreign Currencies, as Reported by Banks and Bankers in the United States, During the First Year of the War in Europe
(In thousands of dollars)
<table><tr><th>Classification and date</th><th>Grand total</th><th>United Kingdom</th><th>France</th><th>Germany</th><th>Italy</th><th>Nother-lands</th><th>Swit-zerland</th><th>Other Europe</th><th>Total Europe</th><th>Canada</th><th>Total Latin America</th><th>Total Asia</th><th>All other</th></tr><tr><td>Purchases of exchange:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939 to Sept. 4, 1940 Spot...</td><td>2,955,045</td><td>1,880,986</td><td>94,459</td><td>5,613</td><td>17,956</td><td>163,025</td><td>95,203</td><td>101,656</td><td>2,358,898</td><td>423,185</td><td>30,349</td><td>119,212</td><td>23,401</td></tr><tr><td>Aug. 30, 1939 to Sept. 4, 1940 Forward</td><td>1,576,760</td><td>1,176,024</td><td>9,290</td><td>91</td><td>1,850</td><td>79,857</td><td>13,381</td><td>24,084</td><td>1,304,577</td><td>186,697</td><td>1,870</td><td>82,904</td><td>712</td></tr><tr><td>Sales of exchange:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939 to Sept. 4, 1940 Spot...</td><td>2,913,800</td><td>1,880,899</td><td>91,465</td><td>5,280</td><td>17,150</td><td>137,340</td><td>89,968</td><td>98,201</td><td>2,320,303</td><td>422,224</td><td>29,120</td><td>126,907</td><td>15,246</td></tr><tr><td>Aug. 30, 1939 to Sept. 4, 1940 Forward</td><td>1,608,702</td><td>1,178,453</td><td>9,645</td><td>126</td><td>1,320</td><td>105,321</td><td>17,654</td><td>28,211</td><td>1,340,730</td><td>189,311</td><td>3,171</td><td>74,779</td><td>711</td></tr><tr><td>Outstanding forward exchange contracts:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchase contracts as of:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>148,646</td><td>327,804</td><td>3,710</td><td>-</td><td>280</td><td>12,944</td><td>1,237</td><td>9,399</td><td>355,374</td><td>97,626</td><td>17,209</td><td>14,323</td><td>114</td></tr><tr><td>Sept. 4, 1940</td><td>74,012</td><td>52,057</td><td>726</td><td>1</td><td>91</td><td>2,377</td><td>4</td><td>2,059</td><td>57,315</td><td>9,803</td><td>1,433</td><td>5,461</td><td>-</td></tr><tr><td>Sales contracts as of:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>537,903</td><td>358,392</td><td>6,130</td><td>19</td><td>415</td><td>18,396</td><td>2,733</td><td>11,254</td><td>397,339</td><td>106,533</td><td>18,301</td><td>15,604</td><td>66</td></tr><tr><td>Sept. 4, 1940</td><td>47,974</td><td>36,017</td><td>284</td><td>1</td><td>89</td><td>1,714</td><td>3</td><td>530</td><td>38,638</td><td>4,331</td><td>589</td><td>4,416</td><td>-</td></tr><tr><td>Net sale (-) or net purchase (+) contracts as of:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>-53,257</td><td>-30,588</td><td>-2,420</td><td>-19</td><td>-135</td><td>-5,452</td><td>-1,496</td><td>-1,855</td><td>-41,965</td><td>-8,907</td><td>-1,092</td><td>-1,341</td><td>+48</td></tr><tr><td>Sept. 4, 1940</td><td>+26,038</td><td>+16,040</td><td>+442</td><td>-</td><td>+2</td><td>+663</td><td>+1</td><td>+1,529</td><td>+18,677</td><td>+5,472</td><td>+844</td><td>+1,045</td><td>-</td></tr><tr><td>Position of banks and bankers in foreign currencies: long position (+) or short position (-), as of</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 30, 1939</td><td>-24,600</td><td>-10,269</td><td>-1,916</td><td>-267</td><td>-943</td><td>-3,116</td><td>-703</td><td>-1,941</td><td>-19,155</td><td>+768</td><td>-457</td><td>-5,764</td><td>+8</td></tr><tr><td>Sept. 4, 1940</td><td>-11,006</td><td>-1,432</td><td>-218</td><td>-11</td><td>-269</td><td>-1,843</td><td>+91</td><td>-2,398</td><td>-6,080</td><td>+406</td><td>-389</td><td>-4,939</td><td>-4</td></tr></table>
37
Net Capital Movement between the United States and Foreign Countries 1935 through August 1940
In thousands of dollars. Capital inflow or capital outflow (-)
<table><tr><th></th><th>Grand total</th><th>United Kingdom</th><th>France</th><th>Germany</th><th>Italy</th><th>Nether-lande</th><th>Switzerland</th><th>Other Europe</th><th>Total Europe</th><th>Canada</th><th>Latin America</th><th>Ale</th><th>All other</th></tr><tr><td>NET CAPITAL MOVEMENT:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Jan. 2, 1935-Jan. 1, 1936</td><td>1,412,486</td><td>554,935</td><td>210,240</td><td>36,599</td><td>23,938</td><td>114,493</td><td>130,379</td><td>129,964</td><td>1,200,598</td><td>7</td><td>70,907</td><td>128,303</td><td>12,672</td></tr><tr><td>Jan. 1, 1936-Dec. 30, 1936</td><td>1,195,922</td><td>274,401</td><td>89,296</td><td>46,527</td><td>21,619</td><td>115,191</td><td>205,166</td><td>98,514</td><td>850,714</td><td>150,457</td><td>130,304</td><td>55,717</td><td>8,730</td></tr><tr><td>Dec. 30, 1936-Dec. 29, 1937</td><td>801,915</td><td>164,382</td><td>-17,836</td><td>40,766</td><td>-23,478</td><td>82,216</td><td>271,914</td><td>83,763</td><td>601,727</td><td>44,213</td><td>209,367</td><td>40,541</td><td>-5,507</td></tr><tr><td>Dec. 29, 1937-Dec. 28, 1938</td><td>368,902</td><td>192,335</td><td>57,812</td><td>16,825</td><td>10,873</td><td>12,695</td><td>-53,466</td><td>151,581</td><td>388,555</td><td>50,901</td><td>-21,075</td><td>-67,743</td><td>18,169</td></tr><tr><td>Dec. 28, 1938-Jan. 3, 1940</td><td>1,101,855</td><td>-84,802</td><td>129,209</td><td>25,193</td><td>25,031</td><td>145,672</td><td>218,960</td><td>229,125</td><td>748,388</td><td>72,260</td><td>93,581</td><td>134,042</td><td>53,294</td></tr><tr><td>Jan. 3, 1940-Sept. 4, 1940</td><td>789,046</td><td>-95,831</td><td>225,108</td><td>7,218</td><td>6,470</td><td>-10,547</td><td>135,413</td><td>164,870</td><td>432,701</td><td>140,056</td><td>114,501</td><td>111,915</td><td>-10,127</td></tr><tr><td>Total</td><td>5,570,136</td><td>1,005,420</td><td>693,829</td><td>173,128</td><td>64,503</td><td>459,720</td><td>908,366</td><td>917,817</td><td>4,222,783</td><td>169,468</td><td>597,885</td><td>402,775</td><td>77,225</td></tr><tr><td>Week ended</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1940-Aug. 7</td><td>99,483</td><td>33,450</td><td>24,391</td><td>299</td><td>-945</td><td>-75</td><td>10,104</td><td>2,409</td><td>69,993</td><td>10,192</td><td>7,682</td><td>10,877</td><td>769</td></tr><tr><td>Aug. 14</td><td>42,243</td><td>490</td><td>-2,456</td><td>-135</td><td>-2,039</td><td>8,562</td><td>5,404</td><td>5,977</td><td>15,803</td><td>18,736</td><td>8,914</td><td>414</td><td>-1,624</td></tr><tr><td>Aug. 21</td><td>40,115</td><td>-7,346</td><td>-1,711</td><td>892</td><td>535</td><td>-2,590</td><td>4,134</td><td>8,142</td><td>2,006</td><td>19,019</td><td>-5,401</td><td>24,934</td><td>443</td></tr><tr><td>Aug. 28</td><td>14,969</td><td>3,879</td><td>800</td><td>-936</td><td>1,060</td><td>-177</td><td>4,413</td><td>1,142</td><td>10,181</td><td>2,141</td><td>2,147</td><td>3,539</td><td>-3,039</td></tr><tr><td>Sept. 4</td><td>1,420</td><td>12,557</td><td>-2,887</td><td>-2,901</td><td>1,138</td><td>-41</td><td>260</td><td>1,098</td><td>9,224</td><td>-5,158</td><td>2,927</td><td>-4,836</td><td>-737</td></tr><tr><td>Total</td><td>198,230</td><td>43,030</td><td>16,137</td><td>-2,761</td><td>49</td><td>5,629</td><td>24,375</td><td>18,768</td><td>107,207</td><td>44,930</td><td>16,239</td><td>34,928</td><td>-5,074</td></tr><tr><td>MOVEMENT IN SHORT-TERM</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>BANKING FUNDS:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Jan. 2, 1935-Jan. 1, 1936</td><td>904,629</td><td>337,385</td><td>177,610</td><td>28,829</td><td>21,011</td><td>55,162</td><td>73,990</td><td>69,476</td><td>763,663</td><td>41,394</td><td>53,554</td><td>96,140</td><td>9,878</td></tr><tr><td>Jan. 1, 1936-Dec. 30, 1936</td><td>397,342</td><td>4,166</td><td>28,599</td><td>39,892</td><td>18,254</td><td>7,229</td><td>38,550</td><td>32,192</td><td>168,882</td><td>82,251</td><td>120,672</td><td>24,609</td><td>928</td></tr><tr><td>Dec. 30, 1936-Dec. 29, 1937</td><td>255,594</td><td>55,151</td><td>-29,162</td><td>46,003</td><td>-25,696</td><td>9,283</td><td>178,423</td><td>34,625</td><td>268,427</td><td>-69,087</td><td>43,678</td><td>24,083</td><td>-11,507</td></tr><tr><td>Dec. 29, 1937-Dec. 28, 1938</td><td>293,215</td><td>174,438</td><td>47,232</td><td>15,796</td><td>4,356</td><td>5,661</td><td>-84,633</td><td>99,761</td><td>262,511</td><td>111,078</td><td>-17,201</td><td>-77,158</td><td>13,885</td></tr><tr><td>Dec. 28, 1938-Jan. 3, 1940</td><td>1,061,443</td><td>57,159</td><td>105,637</td><td>27,147</td><td>17,457</td><td>126,308</td><td>159,219</td><td>262,405</td><td>755,332</td><td>65,382</td><td>66,996</td><td>127,202</td><td>46,531</td></tr><tr><td>Jan. 3, 1940-Sept. 4, 1940</td><td>736,244</td><td>-45,205</td><td>227,729</td><td>8,391</td><td>-4,177</td><td>-17,047</td><td>103,315</td><td>151,254</td><td>421,060</td><td>129,845</td><td>97,338</td><td>95,406</td><td>-9,405</td></tr><tr><td>Total</td><td>3,708,467</td><td>583,094</td><td>557,645</td><td>166,058</td><td>30,405</td><td>186,196</td><td>468,864</td><td>649,713</td><td>2,641,975</td><td>160,863</td><td>365,037</td><td>290,282</td><td>50,310</td></tr><tr><td>Week ended</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1940-Aug. 7</td><td>98,961</td><td>34,043</td><td>24,222</td><td>371</td><td>513</td><td>-56</td><td>10,438</td><td>2,657</td><td>72,188</td><td>7,436</td><td>8,064</td><td>10,333</td><td>940</td></tr><tr><td>Aug. 14</td><td>48,292</td><td>2,979</td><td>-2,368</td><td>7</td><td>1,303</td><td>8,554</td><td>6,080</td><td>5,935</td><td>22,490</td><td>18,893</td><td>8,456</td><td>307</td><td>-1,854</td></tr><tr><td>Aug. 21</td><td>42,387</td><td>-6,033</td><td>-1,680</td><td>867</td><td>1,129</td><td>-2,874</td><td>4,888</td><td>8,123</td><td>4,420</td><td>19,065</td><td>-5,556</td><td>24,595</td><td>-137</td></tr><tr><td>Aug. 28</td><td>16,174</td><td>4,415</td><td>923</td><td>-820</td><td>1,459</td><td>48</td><td>5,294</td><td>860</td><td>12,179</td><td>2,168</td><td>1,233</td><td>4,010</td><td>-3,416</td></tr><tr><td>Sept. 4</td><td>1,834</td><td>12,913</td><td>-2,881</td><td>-2,910</td><td>1,456</td><td>-622</td><td>1,042</td><td>1,184</td><td>10,182</td><td>-5,439</td><td>3,311</td><td>-5,226</td><td>-994</td></tr><tr><td>Total</td><td>207,648</td><td>48,317</td><td>18,216</td><td>-2,885</td><td>5,860</td><td>5,050</td><td>27,742</td><td>18,759</td><td>121,459</td><td>42,123</td><td>15,508</td><td>34,019</td><td>-5,461</td></tr><tr><td>MOVEMENT IN</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>BROKERAGE BALANCES:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Jan. 2, 1935-Jan. 1, 1936</td><td>6,039</td><td>13</td><td>2,418</td><td>-152</td><td>123</td><td>1,265</td><td>2,455</td><td>1,431</td><td>7,553</td><td>4,479</td><td>968</td><td>2,878</td><td>-881</td></tr><tr><td>Jan. 1, 1936-Dec. 30, 1936</td><td>6,811</td><td>4,016</td><td>7,977</td><td>-510</td><td>131</td><td>-2,195</td><td>6,636</td><td>-1,070</td><td>15,005</td><td>-3,086</td><td>-5,182</td><td>-788</td><td>862</td></tr><tr><td>Dec. 30, 1936-Dec. 29, 1937</td><td>34,687</td><td>7,494</td><td>1,123</td><td>669</td><td>-109</td><td>5,883</td><td>1,734</td><td>4,656</td><td>21,450</td><td>11,092</td><td>3,700</td><td>-1,569</td><td>14</td></tr><tr><td>Dec. 29, 1937-Dec. 28, 1938</td><td>14</td><td>1,722</td><td>1,060</td><td>-191</td><td>58</td><td>1,828</td><td>-2,018</td><td>277</td><td>2,740</td><td>-940</td><td>-433</td><td>-1,552</td><td>220</td></tr><tr><td>Dec. 28, 1938-Jan. 3, 1940</td><td>32,990</td><td>6,121</td><td>7,522</td><td>63</td><td>-69</td><td>2,533</td><td>8,933</td><td>-277</td><td>24,826</td><td>6,070</td><td>2,558</td><td>-2,321</td><td>1,857</td></tr><tr><td>Jan. 3, 1940-Sept. 4, 1940</td><td>19,947</td><td>-3,044</td><td>-1,545</td><td>7</td><td>-10</td><td>2,550</td><td>1,024</td><td>3,016</td><td>1,998</td><td>2,284</td><td>7,747</td><td>9,373</td><td>-1,455</td></tr><tr><td>Total</td><td>100,508</td><td>16,322</td><td>18,555</td><td>-114</td><td>124</td><td>11,864</td><td>18,788</td><td>8,033</td><td>73,572</td><td>10,941</td><td>9,357</td><td>6,021</td><td>617</td></tr><tr><td>Week ended</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1940-Aug. 7</td><td>-347</td><td>129</td><td>152</td><td>78</td><td>36</td><td>-74</td><td>-75</td><td>-210</td><td>36</td><td>-21</td><td>-532</td><td>306</td><td>-136</td></tr><tr><td>Aug. 14</td><td>-516</td><td>-62</td><td>-87</td><td>-86</td><td>4</td><td>-68</td><td>-185</td><td>148</td><td>-336</td><td>97</td><td>23</td><td>-275</td><td>-25</td></tr><tr><td>Aug. 21</td><td>28</td><td>423</td><td>-</td><td>66</td><td>-</td><td>237</td><td>451</td><td>-96</td><td>235</td><td>-121</td><td>138</td><td>172</td><td>-396</td></tr><tr><td>Aug. 28</td><td>797</td><td>43</td><td>23</td><td>-55</td><td>-3</td><td>-222</td><td>97</td><td>118</td><td>-84</td><td>-79</td><td>1,135</td><td>-554</td><td>379</td></tr><tr><td>Sept. 4</td><td>605</td><td>55</td><td>-11</td><td>-7</td><td>-6</td><td>465</td><td>550</td><td>-268</td><td>778</td><td>-61</td><td>-204</td><td>102</td><td>-10</td></tr><tr><td>Total</td><td>567</td><td>-344</td><td>77</td><td>-4</td><td>31</td><td>339</td><td>838</td><td>-308</td><td>629</td><td>-185</td><td>560</td><td>-249</td><td>-188</td></tr><tr><td>MOVEMENT IN TRANSACTIONS</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>IN DOMESTIC SECURITIES:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Jan. 2, 1935-Jan. 1, 1936</td><td>316,660</td><td>149,780</td><td>23,394</td><td>-5,353</td><td>-95</td><td>50,458</td><td>55,125</td><td>12,928</td><td>286,237</td><td>2,807</td><td>3,685</td><td>21,371</td><td>2,560</td></tr><tr><td>Jan. 1, 1936-Dec. 30, 1936</td><td>500,693</td><td>217,915</td><td>41,352</td><td>-2,102</td><td>-3,235</td><td>107,149</td><td>145,036</td><td>25,604</td><td>531,719</td><td>29,840</td><td>11,841</td><td>22,763</td><td>4,530</td></tr><tr><td>Dec. 30, 1936-Dec. 29, 1937</td><td>244,626</td><td>81,024</td><td>5,580</td><td>-9,965</td><td>-1,530</td><td>56,235</td><td>75,100</td><td>17,215</td><td>223,659</td><td>4,997</td><td>2,705</td><td>10,543</td><td>2,722</td></tr><tr><td>Dec. 29, 1937-Dec. 28, 1938</td><td>48,895</td><td>23,569</td><td>6,168</td><td>-5,262</td><td>-568</td><td>-900</td><td>26,487</td><td>856</td><td>50,550</td><td>-9,845</td><td>5,204</td><td>1,696</td><td>1,190</td></tr><tr><td>Dec. 28, 1938-Jan. 3, 1940</td><td>-108,257</td><td>-144,530</td><td>85</td><td>-5,532</td><td>500</td><td>14,805</td><td>42,919</td><td>3,843</td><td>-47,910</td><td>-30,423</td><td>6,680</td><td>136</td><td>3,260</td></tr><tr><td>Jan. 3, 1940-Sept. 4, 1940</td><td>-32,047</td><td>-53,024</td><td>-1,902</td><td>-616</td><td>10,825</td><td>2,886</td><td>28,198</td><td>4,194</td><td>-9,439</td><td>-19,239</td><td>-3,346</td><td>852</td><td>-875</td></tr><tr><td>Total</td><td>1,070,570</td><td>275,034</td><td>74,677</td><td>-28,830</td><td>5,897</td><td>230,633</td><td>372,865</td><td>64,940</td><td>994,916</td><td>-21,863</td><td>26,769</td><td>57,361</td><td>13,387</td></tr><tr><td>Week ended</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1940-Aug. 7</td><td>40</td><td>-699</td><td>15</td><td>-11</td><td>-1,204</td><td>55</td><td>-222</td><td>-51</td><td>-2,117</td><td>2,473</td><td>-208</td><td>-59</td><td>-49</td></tr><tr><td>Aug. 14</td><td>-6,187</td><td>-2,313</td><td>-7</td><td>-8</td><td>-3,358</td><td>71</td><td>-492</td><td>-162</td><td>-6,269</td><td>-371</td><td>30</td><td>252</td><td>171</td></tr><tr><td>Aug. 21</td><td>-2,550</td><td>-698</td><td>-28</td><td>-54</td><td>-599</td><td>-8</td><td>-983</td><td>4</td><td>-2,366</td><td>-159</td><td>9</td><td>-10</td
CUMULATIVE NET CAPITAL MOVEMENT BETWEEN U.S. AND FOREIGN COUNTRIES Cumulative Weekly Since January 2, 1935
39
Short-Term Foreign Liabilities as Reported by Banks and Bankers in the United States for August 1940
(In thousands of dollars)
<table><tr><th>Liabilities as of following dates</th><th>Grand total</th><th>United Kingdom</th><th>France</th><th>Belgium</th><th>Denmark</th><th>Finland</th><th>Germany</th><th>Italy</th><th>Netherlands</th><th>Norway</th><th>Sweden</th><th>Switzerland</th><th>Other Europe</th><th>Total Europe</th><th>Canada</th></tr><tr><td>TOTAL SHORT-TERM FOREIGN LIABILITIES:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>3,497,632</td><td>373,827</td><td>521,280</td><td>154,574</td><td>18,106</td><td>28,839</td><td>13,077</td><td>25,792</td><td>178,173</td><td>57,329</td><td>202,216</td><td>460,313</td><td>175,799</td><td>2,209,325</td><td>360,836</td></tr><tr><td>Aug. 14</td><td>3,541,458</td><td>376,211</td><td>519,071</td><td>153,604</td><td>18,012</td><td>27,947</td><td>13,156</td><td>26,581</td><td>186,487</td><td>56,725</td><td>207,935</td><td>465,304</td><td>177,985</td><td>2,229,278</td><td>377,829</td></tr><tr><td>Aug. 21</td><td>3,572,947</td><td>370,216</td><td>517,273</td><td>151,694</td><td>17,760</td><td>26,986</td><td>14,014</td><td>25,505</td><td>183,620</td><td>54,820</td><td>217,924</td><td>469,780</td><td>180,663</td><td>2,230,655</td><td>398,733</td></tr><tr><td>Aug. 28</td><td>3,588,522</td><td>372,606</td><td>518,089</td><td>151,697</td><td>17,897</td><td>26,937</td><td>13,374</td><td>25,713</td><td>183,379</td><td>54,806</td><td>217,380</td><td>475,161</td><td>182,308</td><td>2,238,747</td><td>401,032</td></tr><tr><td>Sept. 4</td><td>3,601,419</td><td>385,719</td><td>515,191</td><td>150,907</td><td>17,249</td><td>26,258</td><td>10,539</td><td>26,055</td><td>182,732</td><td>54,309</td><td>217,997</td><td>476,388</td><td>185,019</td><td>2,248,363</td><td>395,694</td></tr><tr><td>TOTAL LIABILITIES PAYABLE IN DOLLARS:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>3,451,945</td><td>349,633</td><td>518,496</td><td>153,138</td><td>18,090</td><td>28,832</td><td>12,812</td><td>25,544</td><td>173,545</td><td>56,860</td><td>201,759</td><td>458,925</td><td>175,509</td><td>2,173,143</td><td>359,696</td></tr><tr><td>Aug. 14</td><td>3,436,545</td><td>351,069</td><td>516,338</td><td>152,273</td><td>17,995</td><td>27,938</td><td>13,086</td><td>26,395</td><td>182,225</td><td>56,262</td><td>207,574</td><td>464,809</td><td>177,739</td><td>2,193,663</td><td>376,690</td></tr><tr><td>Aug. 21</td><td>3,528,982</td><td>346,027</td><td>514,817</td><td>150,530</td><td>17,744</td><td>26,978</td><td>13,741</td><td>25,305</td><td>179,043</td><td>54,375</td><td>217,511</td><td>469,223</td><td>180,608</td><td>2,196,502</td><td>397,357</td></tr><tr><td>Aug. 28</td><td>3,544,534</td><td>349,388</td><td>515,695</td><td>150,344</td><td>17,282</td><td>26,928</td><td>13,094</td><td>25,503</td><td>179,562</td><td>54,398</td><td>216,868</td><td>474,690</td><td>182,054</td><td>2,205,806</td><td>399,847</td></tr><tr><td>Sept. 4</td><td>3,554,448</td><td>358,666</td><td>513,081</td><td>149,532</td><td>17,234</td><td>26,249</td><td>10,261</td><td>25,871</td><td>179,204</td><td>53,963</td><td>217,542</td><td>475,553</td><td>184,753</td><td>2,211,915</td><td>394,808</td></tr><tr><td>Deposits for foreign account:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>3,333,298</td><td>343,036</td><td>513,493</td><td>148,795</td><td>17,921</td><td>28,830</td><td>12,554</td><td>24,986</td><td>173,046</td><td>56,416</td><td>199,636</td><td>451,422</td><td>173,724</td><td>2,143,859</td><td>357,222</td></tr><tr><td>Aug. 14</td><td>3,379,404</td><td>345,254</td><td>511,677</td><td>147,902</td><td>17,827</td><td>27,935</td><td>12,887</td><td>25,683</td><td>181,753</td><td>55,819</td><td>205,458</td><td>457,879</td><td>175,993</td><td>2,166,267</td><td>374,191</td></tr><tr><td>Aug. 21</td><td>3,409,235</td><td>340,447</td><td>510,199</td><td>146,179</td><td>17,687</td><td>26,974</td><td>13,530</td><td>24,854</td><td>179,195</td><td>53,935</td><td>215,428</td><td>462,339</td><td>178,753</td><td>2,169,520</td><td>394,799</td></tr><tr><td>Aug. 28</td><td>3,425,978</td><td>345,224</td><td>511,251</td><td>146,008</td><td>17,225</td><td>26,910</td><td>12,949</td><td>25,058</td><td>179,133</td><td>53,958</td><td>214,709</td><td>467,291</td><td>180,312</td><td>2,180,028</td><td>397,201</td></tr><tr><td>Sept. 4</td><td>3,435,278</td><td>354,293</td><td>508,641</td><td>145,828</td><td>17,182</td><td>26,246</td><td>10,106</td><td>25,444</td><td>178,822</td><td>53,523</td><td>215,445</td><td>468,679</td><td>183,018</td><td>2,187,227</td><td>392,242</td></tr><tr><td>Bills held for foreign accounts:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>85,230</td><td>4,707</td><td>803</td><td>4,307</td><td>55</td><td>2</td><td>124</td><td>469</td><td>250</td><td>430</td><td>2,118</td><td>6,878</td><td>1,048</td><td>21,191</td><td>1,842</td></tr><tr><td>Aug. 14</td><td>80,188</td><td>3,521</td><td>165</td><td>4,335</td><td>54</td><td>3</td><td>54</td><td>432</td><td>224</td><td>429</td><td>2,071</td><td>6,288</td><td>1,129</td><td>19,005</td><td>1,825</td></tr><tr><td>Aug. 21</td><td>82,325</td><td>3,556</td><td>403</td><td>4,311</td><td>53</td><td>3</td><td>68</td><td>349</td><td>194</td><td>426</td><td>2,078</td><td>6,278</td><td>1,121</td><td>18,840</td><td>1,892</td></tr><tr><td>Aug. 28</td><td>83,148</td><td>2,687</td><td>321</td><td>4,300</td><td>53</td><td>3</td><td>17</td><td>373</td><td>177</td><td>426</td><td>2,154</td><td>6,725</td><td>1,134</td><td>18,370</td><td>1,960</td></tr><tr><td>Sept. 4</td><td>82,661</td><td>2,920</td><td>319</td><td>3,668</td><td>49</td><td>3</td><td>20</td><td>359</td><td>134</td><td>426</td><td>2,091</td><td>6,302</td><td>1,104</td><td>17,455</td><td>1,903</td></tr><tr><td>Short-term United States Government obligations held for foreign account:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>24,280</td><td>4</td><td>3,129</td><td>-</td><td>-</td><td>-</td><td>50</td><td>65</td><td>21</td><td>-</td><td>-</td><td>50</td><td>-</td><td>3,319</td><td>219</td></tr><tr><td>Aug. 14</td><td>27,765</td><td>44</td><td>3,130</td><td>4</td><td>-</td><td>-</td><td>50</td><td>-</td><td>21</td><td>-</td><td>-</td><td>50</td><td>-</td><td>3,299</td><td>220</td></tr><tr><td>Aug. 21</td><td>27,713</td><td>4</td><td>3,130</td><td>-</td><td>-</td><td>-</td><td>50</td><td>-</td><td>13</td><td>-</td><td>-</td><td>50</td><td>-</td><td>3,247</td><td>219</td></tr><tr><td>Aug. 28</td><td>27,721</td><td>4</td><td>3,130</td><td>-</td><td>-</td><td>-</td><td>50</td><td>-</td><td>21</td><td>-</td><td>-</td><td>50</td><td>-</td><td>3,255</td><td>219</td></tr><tr><td>Sept. 4</td><td>27,722</td><td>4</td><td>3,130</td><td>-</td><td>-</td><td>-</td><td>50</td><td>-</td><td>21</td><td>-</td><td>-</td><td>50</td><td>-</td><td>3,255</td><td>220</td></tr><tr><td>Other liabilities payable in dollars:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>9,137</td><td>1,886</td><td>1,071</td><td>36</td><td>114</td><td>-</td><td>84</td><td>24</td><td>228</td><td>14</td><td>5</td><td>575</td><td>737</td><td>4,774</td><td>413</td></tr><tr><td>Aug. 14</td><td>9,188</td><td>2,250</td><td>1,066</td><td>32</td><td>114</td><td>-</td><td>95</td><td>80</td><td>227</td><td>14</td><td>5</td><td>592</td><td>617</td><td>5,092</td><td>454</td></tr><tr><td>Aug. 21</td><td>9,709</td><td>2,020</td><td>1,085</td><td>40</td><td>4</td><td>1</td><td>93</td><td>102</td><td>241</td><td>14</td><td>5</td><td>556</td><td>734</td><td>4,895</td><td>447</td></tr><tr><td>Aug. 28</td><td>7,687</td><td>1,473</td><td>993</td><td>36</td><td>4</td><td>15</td><td>78</td><td>72</td><td>231</td><td>14</td><td>5</td><td>624</td><td>608</td><td>4,153</td><td>467</td></tr><tr><td>Sept. 4</td><td>8,787</td><td>1,449</td><td>991</td><td>36</td><td>3</td><td>-</td><td>85</td><td>68</td><td>227</td><td>14</td><td>6</td><td>528</td><td>571</td><td>3,978</td><td>443</td></tr><tr><td>TOTAL LIABILITIES PAYABLE IN FOREIGN CURRENCIES:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>45,687</td><td>24,194</td><td>2,784</td><td>1,436</td><td>16</td><td>7</td><td>265</td><td>248</td><td>4,628</td><td>469</td><td>457</td><td>1,388</td><td>290</td><td>36,182</td><td>1,140</td></tr><tr><td>Aug. 14</td><td>44,913</td><td>25,142</td><td>2,733</td><td>1,391</td><td>17</td><td>9</td><td>270</td><td>186</td><td>4,262</td><td>463</td><td>401</td><td>495</td><td>246</td><td>35,615</td><td>1,139</td></tr><tr><td>Aug. 21</td><td>43,965</td><td>24,189</td><td>2,456</td><td>1,364</td><td>16</td><td>8</td><td>273</td><td>200</td><td>3,977</td><td>445</td><td>413</td><td>557</td><td>255</td><td>34,153</td><td>1,376</td></tr><tr><td>Aug. 28</td><td>43,988</td><td>23,218</td><td>2,394</td><td>1,353</td><td>15</td><td>9</td><td>280</td><td>210</td><td>3,817</td><td>408</td><td>512</td><td>471</td><td>254</td><td>32,941</td><td>1,185</td></tr><tr><td>Sept. 4</td><td>46,971</td><td>27,053</td><td>2,110</td><td>1,375</td><td>15</td><td>9</td><td>278</td><td>184</td><td>3,528</td><td>346</td><td>455</td><td>829</td><td>266</td><td>36,448</td><td>1,086</td></tr><tr><td>Borrowings from foreign banks:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>20,141</td><td>7,601</td><td>1,000</td><td>1,256</td><td>16</td><td>7</td><td>17</td><td>216</td><td>1,820</td><td>402</td><td>439</td><td>1,034</td><td>241</td><td>14,049</td><td>634</td></tr><tr><td>Aug. 14</td><td>21,224</td><td>9,068</td><td>1,056</td><td>1,258</td><td>16</td><td>9</td><td>18</td><td>156</td><td>2,507</td><td>396</td><td>383</td><td>196</td><td>198</td><td>15,261</td><td>672</td></tr><tr><td>Aug. 21</td><td>21,366</td><td>9,257</td><td>932</td><td>1,226</td><td>16</td><td>8</td><td>19</td><td>161</td><td>2,390</td><td>380</td><td>393</td><td>226</td><td>207</td><td>15,215</td><td>881</td></tr><tr><td>Aug. 28</td><td>21,205</td><td>7,969</td><td>900</td><td>1,218</td><td>15</td><td>9</td><td>26</td><td>168</td><td>2,513</td><td>348</td><td>494</td><td>173</td><td>207</td><td>14,040</td><td>706</td></tr><tr><td>Sept. 4</td><td>25,205</td><td>12,727</td><td>770</td><td>1,226</td><td>15</td><td>9</td><td>23</td><td>165</td><td>2,194</td><td>288</td><td>437</td><td>529</td><td>218</td><td>18,601</td><td>637</td></tr><tr><td>Acceptances made by foreign banks:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>16,706</td><td>11,866</td><td>1,632</td><td>58</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2,612</td><td>17</td><td>-</td><td>1</td><td>-</td><td>16,186</td><td>442</td></tr><tr><td>Aug. 14</td><td>14,724</td><td>11,048</td><td>1,531</td><td>57</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,555</td><td>17</td><td>-</td><td>1</td><td>-</td><td>14,209</td><td>382</td></tr><tr><td>Aug. 21</td><td>13,353</td><td>9,993</td><td>1,371</td><td>57</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,391</td><td>17</td><td>-</td><td>-</td><td>-</td><td>12,629</td><td>383</td></tr><tr><td>Aug. 28</td><td>13,637</td><td>10,556</td><td>1,350</td><td>58</td><td>-</td><td>-</td><td>-</td><td>21</td><td>1,108</td><td>17</td><td>-</td><td>-</td><td>-</td><td>13,110</td><td>391</td></tr><tr><td>Sept. 4</td><td>12,547</td><td>9,948</td><td>1,208</td><td>58</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,128</td><td>17</td><td>-</td><td>-</td><td>-</td><td>12,359</td><td>346</td></tr><tr><td>Other liabilities payable in foreign currencies:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>8,240</td><td>4,727</td><td>152</td><td>122</td><td>-</td><td>-</td><td>248</td><td>32</td><td>196</td><td>50</td><td>18</td><td>353</td><td>49</td><td>5,947</td><td>104</td></tr><tr><td>Aug. 14</td><td>8,965</td><td>5,026</td><td>146</td><td>76</td><td>1</td><td>-</td><td>252</td><td>30</td><td>200</td><td>50</td><td>18</td><td>298</td><td>48</td><td>6,145</td><td>75</td></tr><tr><td>Aug. 21</td><td>9,246</td><td>4,939</td><td>153</td><td>81</td><td>-</td><td>-</td><td>254</td><td>39</td><td>196</td><td>48</td><td>20</td><td>331</td><td>48</td><td>6,109</td><
(Continued on following page)
40
Short-Term Foreign Liabilities as Reported by Banks and Bankers in the United States for August 1940 - (Continued)
(In thousands of dollars)
<table><tr><th>Liabilities as of following dates</th><th>Argentine</th><th>Brazil</th><th>Chile</th><th>Cuba</th><th>Mexico</th><th>Panama & Canal Zone</th><th>Other Latin America</th><th>Total Latin America</th><th>China</th><th>Hong Kong</th><th>Japan, Korea and Manchuria</th><th>Philippine Islands</th><th>Other Asia</th><th>Total Asia</th><th>All other</th></tr><tr><td>TOTAL SHORT-TERM FOREIGN LIABILITIES:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>95,230</td><td>37,666</td><td>29,491</td><td>50,606</td><td>60,756</td><td>54,422</td><td>98,456</td><td>426,627</td><td>177,262</td><td>85,710</td><td>33,196</td><td>40,541</td><td>97,063</td><td>433,772</td><td>67,072</td></tr><tr><td>Aug. 14</td><td>101,162</td><td>35,724</td><td>29,726</td><td>52,887</td><td>57,396</td><td>53,750</td><td>101,631</td><td>432,276</td><td>179,413</td><td>84,753</td><td>31,443</td><td>39,527</td><td>102,155</td><td>437,291</td><td>64,784</td></tr><tr><td>Aug. 21</td><td>97,739</td><td>34,530</td><td>28,695</td><td>51,762</td><td>56,811</td><td>55,684</td><td>101,452</td><td>426,673</td><td>180,217</td><td>85,852</td><td>34,326</td><td>37,842</td><td>111,588</td><td>449,825</td><td>67,061</td></tr><tr><td>Aug. 28</td><td>100,150</td><td>33,465</td><td>27,091</td><td>51,544</td><td>57,759</td><td>56,474</td><td>101,122</td><td>427,625</td><td>180,549</td><td>86,881</td><td>35,442</td><td>40,026</td><td>114,857</td><td>457,751</td><td>63,367</td></tr><tr><td>Sept. 4</td><td>103,892</td><td>31,413</td><td>27,773</td><td>51,058</td><td>58,509</td><td>59,563</td><td>100,124</td><td>432,332</td><td>179,795</td><td>87,550</td><td>36,795</td><td>38,674</td><td>119,319</td><td>462,133</td><td>62,697</td></tr><tr><td>TOTAL LIABILITIES PAYABLE IN DOLLARS:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>95,186</td><td>37,049</td><td>29,491</td><td>49,906</td><td>60,658</td><td>54,422</td><td>98,066</td><td>425,378</td><td>176,855</td><td>84,046</td><td>28,654</td><td>40,537</td><td>96,825</td><td>426,917</td><td>66,811</td></tr><tr><td>Aug. 14</td><td>101,110</td><td>35,703</td><td>29,726</td><td>52,177</td><td>57,308</td><td>53,750</td><td>101,269</td><td>431,043</td><td>178,942</td><td>82,834</td><td>27,597</td><td>39,508</td><td>101,844</td><td>430,725</td><td>64,424</td></tr><tr><td>Aug. 21</td><td>97,670</td><td>34,514</td><td>28,695</td><td>51,017</td><td>56,727</td><td>55,684</td><td>101,046</td><td>425,353</td><td>179,695</td><td>83,786</td><td>30,402</td><td>37,822</td><td>111,310</td><td>443,015</td><td>66,755</td></tr><tr><td>Aug. 28</td><td>100,108</td><td>33,468</td><td>27,091</td><td>50,784</td><td>57,615</td><td>56,474</td><td>100,657</td><td>426,197</td><td>180,080</td><td>84,902</td><td>30,202</td><td>40,008</td><td>114,572</td><td>449,763</td><td>62,921</td></tr><tr><td>Sept. 4</td><td>103,855</td><td>31,399</td><td>27,773</td><td>50,248</td><td>58,361</td><td>59,563</td><td>99,728</td><td>430,927</td><td>179,419</td><td>85,919</td><td>31,406</td><td>38,657</td><td>119,068</td><td>454,469</td><td>62,329</td></tr><tr><td>Deposits for foreign accounts:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>93,829</td><td>29,995</td><td>28,637</td><td>48,398</td><td>59,495</td><td>54,418</td><td>95,044</td><td>409,816</td><td>154,428</td><td>77,608</td><td>-</td><td>32,256</td><td>92,527</td><td>356,819</td><td>65,582</td></tr><tr><td>Aug. 14</td><td>99,797</td><td>29,117</td><td>28,966</td><td>51,065</td><td>56,179</td><td>53,745</td><td>98,675</td><td>417,544</td><td>152,961</td><td>76,518</td><td>-</td><td>32,644</td><td>96,373</td><td>356,496</td><td>62,906</td></tr><tr><td>Aug. 21</td><td>96,245</td><td>27,718</td><td>27,946</td><td>49,974</td><td>55,613</td><td>55,681</td><td>97,932</td><td>411,109</td><td>153,625</td><td>77,259</td><td>-</td><td>32,058</td><td>106,030</td><td>368,972</td><td>64,835</td></tr><tr><td>Aug. 28</td><td>98,760</td><td>26,845</td><td>26,314</td><td>49,893</td><td>56,514</td><td>56,469</td><td>97,485</td><td>412,280</td><td>153,760</td><td>78,330</td><td>-</td><td>33,427</td><td>109,624</td><td>375,141</td><td>61,328</td></tr><tr><td>Sept. 4</td><td>102,614</td><td>25,021</td><td>27,207</td><td>49,148</td><td>57,273</td><td>59,560</td><td>96,348</td><td>417,171</td><td>153,468</td><td>79,445</td><td>-</td><td>32,469</td><td>112,430</td><td>377,812</td><td>60,826</td></tr><tr><td>Bills held for foreign accounts:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>1,336</td><td>7,584</td><td>844</td><td>1,472</td><td>1,105</td><td>4</td><td>2,448</td><td>14,793</td><td>6,856</td><td>1,019</td><td>28,210</td><td>7,145</td><td>3,138</td><td>46,368</td><td>1,036</td></tr><tr><td>Aug. 14</td><td>1,298</td><td>6,541</td><td>750</td><td>1,076</td><td>1,083</td><td>5</td><td>2,526</td><td>13,279</td><td>6,925</td><td>922</td><td>27,313</td><td>5,227</td><td>4,363</td><td>44,750</td><td>1,329</td></tr><tr><td>Aug. 21</td><td>1,410</td><td>6,751</td><td>739</td><td>1,003</td><td>1,068</td><td>3</td><td>2,554</td><td>13,528</td><td>7,082</td><td>1,143</td><td>29,768</td><td>4,628</td><td>3,774</td><td>46,333</td><td>1,732</td></tr><tr><td>Aug. 28</td><td>1,332</td><td>6,578</td><td>767</td><td>851</td><td>1,055</td><td>5</td><td>2,610</td><td>13,198</td><td>7,272</td><td>1,150</td><td>29,922</td><td>5,457</td><td>4,408</td><td>48,209</td><td>1,411</td></tr><tr><td>Sept. 4</td><td>1,226</td><td>6,363</td><td>556</td><td>1,060</td><td>1,042</td><td>3</td><td>2,784</td><td>13,034</td><td>6,914</td><td>1,066</td><td>31,028</td><td>5,053</td><td>4,890</td><td>48,951</td><td>1,318</td></tr><tr><td>Short-term United States Government obligations held for foreign account:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>-</td><td>-</td><td>-</td><td>36</td><td>-</td><td>-</td><td>-</td><td>36</td><td>15,506</td><td>5,200</td><td>-</td><td>-</td><td>-</td><td>20,706</td><td>-</td></tr><tr><td>Aug. 14</td><td>-</td><td>-</td><td>-</td><td>36</td><td>-</td><td>-</td><td>-</td><td>36</td><td>19,006</td><td>5,200</td><td>-</td><td>-</td><td>-</td><td>24,210</td><td>-</td></tr><tr><td>Aug. 21</td><td>-</td><td>-</td><td>-</td><td>37</td><td>-</td><td>-</td><td>-</td><td>37</td><td>19,006</td><td>5,200</td><td>-</td><td>-</td><td>-</td><td>24,210</td><td>-</td></tr><tr><td>Aug. 28</td><td>-</td><td>-</td><td>-</td><td>37</td><td>-</td><td>-</td><td>-</td><td>37</td><td>19,006</td><td>5,200</td><td>-</td><td>-</td><td>-</td><td>24,210</td><td>-</td></tr><tr><td>Sept. 4</td><td>-</td><td>-</td><td>-</td><td>37</td><td>-</td><td>-</td><td>-</td><td>37</td><td>19,006</td><td>5,200</td><td>-</td><td>-</td><td>-</td><td>24,210</td><td>-</td></tr><tr><td>Other liabilities payable in dollars:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>21</td><td>70</td><td>10</td><td>-</td><td>58</td><td>-</td><td>574</td><td>733</td><td>65</td><td>219</td><td>444</td><td>1,136</td><td>1,160</td><td>3,024</td><td>193</td></tr><tr><td>Aug. 14</td><td>15</td><td>45</td><td>10</td><td>-</td><td>46</td><td>-</td><td>68</td><td>184</td><td>50</td><td>194</td><td>284</td><td>1,637</td><td>1,104</td><td>3,269</td><td>189</td></tr><tr><td>Aug. 21</td><td>15</td><td>45</td><td>10</td><td>3</td><td>46</td><td>-</td><td>560</td><td>679</td><td>44</td><td>184</td><td>634</td><td>1,136</td><td>1,502</td><td>3,500</td><td>188</td></tr><tr><td>Aug. 28</td><td>16</td><td>45</td><td>10</td><td>3</td><td>46</td><td>-</td><td>562</td><td>682</td><td>42</td><td>222</td><td>280</td><td>1,124</td><td>535</td><td>2,203</td><td>182</td></tr><tr><td>Sept. 4</td><td>15</td><td>15</td><td>10</td><td>3</td><td>46</td><td>-</td><td>596</td><td>685</td><td>31</td><td>208</td><td>378</td><td>1,135</td><td>1,744</td><td>3,496</td><td>185</td></tr><tr><td>TOTAL LIABILITIES PAYABLE IN FOREIGN CURRENCIES:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>44</td><td>17</td><td>-</td><td>700</td><td>98</td><td>-</td><td>390</td><td>1,249</td><td>407</td><td>1,664</td><td>4,542</td><td>4</td><td>238</td><td>6,855</td><td>261</td></tr><tr><td>Aug. 14</td><td>52</td><td>21</td><td>-</td><td>710</td><td>88</td><td>-</td><td>362</td><td>1,233</td><td>471</td><td>1,919</td><td>3,846</td><td>19</td><td>311</td><td>6,566</td><td>360</td></tr><tr><td>Aug. 21</td><td>69</td><td>16</td><td>-</td><td>745</td><td>84</td><td>-</td><td>406</td><td>1,320</td><td>522</td><td>2,066</td><td>3,924</td><td>20</td><td>278</td><td>6,810</td><td>306</td></tr><tr><td>Aug. 28</td><td>42</td><td>17</td><td>-</td><td>760</td><td>144</td><td>-</td><td>465</td><td>1,428</td><td>465</td><td>1,979</td><td>5,240</td><td>18</td><td>286</td><td>7,988</td><td>446</td></tr><tr><td>Sept. 4</td><td>37</td><td>14</td><td>-</td><td>810</td><td>148</td><td>-</td><td>396</td><td>1,405</td><td>376</td><td>1,631</td><td>5,389</td><td>17</td><td>251</td><td>7,604</td><td>368</td></tr><tr><td>Borrowings from foreign banks:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>24</td><td>12</td><td>-</td><td>700</td><td>25</td><td>-</td><td>128</td><td>889</td><td>396</td><td>1,476</td><td>2,319</td><td>4</td><td>208</td><td>4,403</td><td>166</td></tr><tr><td>Aug. 14</td><td>37</td><td>16</td><td>-</td><td>710</td><td>18</td><td>-</td><td>110</td><td>891</td><td>460</td><td>1,694</td><td>1,688</td><td>19</td><td>290</td><td>4,151</td><td>249</td></tr><tr><td>Aug. 21</td><td>55</td><td>11</td><td>-</td><td>745</td><td>18</td><td>-</td><td>148</td><td>977</td><td>509</td><td>1,788</td><td>1,550</td><td>20</td><td>261</td><td>4,128</td><td>165</td></tr><tr><td>Aug. 28</td><td>28</td><td>17</td><td>-</td><td>760</td><td>27</td><td>-</td><td>209</td><td>1,041</td><td>450</td><td>1,685</td><td>2,702</td><td>18</td><td>268</td><td>5,123</td><td>295</td></tr><tr><td>Sept. 4</td><td>22</td><td>14</td><td>-</td><td>810</td><td>34</td><td>-</td><td>136</td><td>1,016</td><td>361</td><td>1,311</td><td>2,807</td><td>17</td><td>236</td><td>4,732</td><td>219</td></tr><tr><td>Acceptances made by foreign banks:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>13</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>13</td><td>-</td><td>-</td><td>102</td><td>-</td><td>3</td><td>105</td><td>-</td></tr><tr><td>Aug. 14</td><td>13</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>13</td><td>-</td><td>-</td><td>75</td><td>-</td><td>-</td><td>75</td><td>35</td></tr><tr><td>Aug. 21</td><td>13</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>13</td><td>-</td><td>-</td><td>73</td><td>-</td><td>-</td><td>73</td><td>49</td></tr><tr><td>Aug. 28</td><td>13</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>13</td><td>-</td><td>-</td><td>74</td><td>-</td><td>-</td><td>74</td><td>49</td></tr><tr><td>Sept. 4</td><td>13</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>13</td><td>-</td><td>-</td><td>79</td><td>-</td><td>-</td><td>79</td><td>50</td></tr><tr><td>Other liabilities payable in foreign currencies:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>7</td><td>5</td><td>-</td><td>-</td><td>73</td><td>-</td><td>262</td><td>347</td><td>11</td><td>188</td><td>2,121</td><td>-</td><td>27</td><td>2,347</td><td>95</td></tr><tr><td>Aug. 14</td><td>2</td><td>5</td><td>-</td><td>-</td><td>70</td><td>-</td><td>252</td><td>329</td><td>11</td><td>225</td><td>2,083</td><td>-</td><td>21</td><td>2,340</td><td>76</td></tr><tr><td>Aug. 21</td><td>1</td><td>5</td><td>-</td><td>-</td><td>66</td><td>-</td><td>258</td><td>330</td><td>13</td><td>275</td><td>2,301</td><td>-</td><td>17</td><td>2,609</td><td>92</td></tr><tr><td>Aug. 28</td><td>1</td><td>-</td><td>-</td><td>-</td><td>117</td><td>-</td><td>286</td><td>374</td><td>15</td><td>294</td><td>2,464</td><td>-</td><td>18</td><td>2,791</td><td>102</td></tr><tr><td>Sept. 4</td><td>2</td><td>-</td><td>-</td><td>-</td><td>114</td><td>-</td><td>260</td><td>376</td><td>15</td><td>320</td><td>2,503</td><td>-</td><td>15</td><td>2,853</td><td>99</td></tr></table>
41
Short-Term Foreign Assets as Reported by Banks and Bankers in the United States for August 1940
(In thousands of dollars)
<table><tr><th>Assets as of following dates</th><th>Grand total</th><th>United Kingdom</th><th>France</th><th>Belgium</th><th>Denmark</th><th>Finland</th><th>Germany</th><th>Italy</th><th>Netherlands</th><th>Norway</th><th>Sweden</th><th>Switzerland</th><th>Other Europe</th><th>Total Europe</th><th>Canada</th></tr><tr><td><b>TOTAL SHORT-TERM FOREIGN ASSETS:</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>430,742</td><td>25,010</td><td>4,265</td><td>2,089</td><td>343</td><td>1,962</td><td>45,705</td><td>9,169</td><td>1,755</td><td>1,260</td><td>2,949</td><td>3,158</td><td>27,525</td><td>125,190</td><td>30,800</td></tr><tr><td>Aug. 14.</td><td>426,276</td><td>24,415</td><td>4,424</td><td>1,950</td><td>334</td><td>1,649</td><td>45,971</td><td>8,655</td><td>1,515</td><td>1,281</td><td>2,682</td><td>2,069</td><td>27,702</td><td>122,653</td><td>28,900</td></tr><tr><td>Aug. 21.</td><td>415,378</td><td>24,453</td><td>4,305</td><td>1,859</td><td>279</td><td>1,677</td><td>45,768</td><td>6,450</td><td>1,522</td><td>1,308</td><td>2,785</td><td>1,657</td><td>27,543</td><td>119,610</td><td>30,739</td></tr><tr><td>Aug. 28.</td><td>414,779</td><td>22,428</td><td>4,199</td><td>1,717</td><td>318</td><td>1,662</td><td>45,948</td><td>5,199</td><td>1,233</td><td>1,321</td><td>2,733</td><td>1,744</td><td>27,021</td><td>115,523</td><td>30,870</td></tr><tr><td>Sept. 4.</td><td>425,642</td><td>22,628</td><td>4,182</td><td>1,647</td><td>319</td><td>1,667</td><td>46,023</td><td>4,085</td><td>1,208</td><td>1,201</td><td>2,874</td><td>1,929</td><td>27,194</td><td>114,957</td><td>31,171</td></tr><tr><td><b>TOTAL ASSETS PAYABLE IN FOREIGN CURRENCIES:</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>47,334</td><td>12,264</td><td>417</td><td>79</td><td>29</td><td>11</td><td>438</td><td>701</td><td>471</td><td>313</td><td>744</td><td>965</td><td>1,299</td><td>17,751</td><td>4,551</td></tr><tr><td>Aug. 14.</td><td>45,205</td><td>11,618</td><td>420</td><td>79</td><td>29</td><td>11</td><td>459</td><td>702</td><td>439</td><td>313</td><td>639</td><td>231</td><td>1,289</td><td>16,243</td><td>4,093</td></tr><tr><td>Aug. 21.</td><td>44,809</td><td>10,791</td><td>510</td><td>85</td><td>26</td><td>10</td><td>566</td><td>713</td><td>461</td><td>342</td><td>610</td><td>191</td><td>1,304</td><td>15,609</td><td>3,921</td></tr><tr><td>Aug. 28.</td><td>43,449</td><td>10,294</td><td>466</td><td>89</td><td>23</td><td>20</td><td>521</td><td>722</td><td>409</td><td>316</td><td>572</td><td>195</td><td>1,284</td><td>14,911</td><td>3,670</td></tr><tr><td>Sept. 4.</td><td>44,423</td><td>10,157</td><td>447</td><td>88</td><td>25</td><td>19</td><td>661</td><td>726</td><td>401</td><td>311</td><td>676</td><td>573</td><td>1,253</td><td>15,343</td><td>4,070</td></tr><tr><td><b>Banks own deposits abroad:</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>12,080</td><td>6,629</td><td>107</td><td>55</td><td>10</td><td>1</td><td>37</td><td>184</td><td>193</td><td>58</td><td>191</td><td>830</td><td>60</td><td>8,354</td><td>2,425</td></tr><tr><td>Aug. 14.</td><td>10,893</td><td>6,571</td><td>114</td><td>55</td><td>10</td><td>1</td><td>55</td><td>186</td><td>163</td><td>94</td><td>91</td><td>89</td><td>54</td><td>7,443</td><td>2,246</td></tr><tr><td>Aug. 21.</td><td>10,469</td><td>5,987</td><td>111</td><td>61</td><td>7</td><td>1</td><td>48</td><td>200</td><td>183</td><td>26</td><td>62</td><td>67</td><td>58</td><td>6,711</td><td>2,243</td></tr><tr><td>Aug. 28.</td><td>9,678</td><td>5,655</td><td>83</td><td>63</td><td>5</td><td>1</td><td>31</td><td>227</td><td>131</td><td>22</td><td>29</td><td>72</td><td>43</td><td>6,762</td><td>1,962</td></tr><tr><td>Sept. 4.</td><td>10,574</td><td>5,663</td><td>57</td><td>63</td><td>7</td><td>1</td><td>49</td><td>233</td><td>128</td><td>16</td><td>145</td><td>448</td><td>32</td><td>6,842</td><td>2,272</td></tr><tr><td><b>Deposits abroad for account of domestic clients:</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>25,894</td><td>2,614</td><td>136</td><td>10</td><td>3</td><td>-</td><td>369</td><td>433</td><td>61</td><td>108</td><td>9</td><td>15</td><td>436</td><td>4,194</td><td>1,505</td></tr><tr><td>Aug. 14.</td><td>25,131</td><td>2,117</td><td>134</td><td>9</td><td>3</td><td>-</td><td>372</td><td>432</td><td>61</td><td>131</td><td>9</td><td>20</td><td>435</td><td>3,723</td><td>1,198</td></tr><tr><td>Aug. 21.</td><td>25,293</td><td>1,979</td><td>261</td><td>9</td><td>3</td><td>-</td><td>486</td><td>427</td><td>64</td><td>172</td><td>9</td><td>8</td><td>435</td><td>3,853</td><td>1,126</td></tr><tr><td>Aug. 28.</td><td>24,663</td><td>1,654</td><td>190</td><td>10</td><td>3</td><td>11</td><td>456</td><td>406</td><td>61</td><td>151</td><td>9</td><td>8</td><td>429</td><td>3,388</td><td>1,075</td></tr><tr><td>Sept. 4.</td><td>24,627</td><td>1,429</td><td>199</td><td>9</td><td>3</td><td>10</td><td>584</td><td>406</td><td>59</td><td>151</td><td>7</td><td>11</td><td>422</td><td>3,290</td><td>1,097</td></tr><tr><td><b>Other assets payable in foreign currencies:</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>9,360</td><td>3,041</td><td>174</td><td>15</td><td>16</td><td>10</td><td>32</td><td>64</td><td>217</td><td>147</td><td>544</td><td>120</td><td>803</td><td>5,203</td><td>621</td></tr><tr><td>Aug. 14.</td><td>9,181</td><td>2,926</td><td>172</td><td>15</td><td>16</td><td>10</td><td>32</td><td>64</td><td>215</td><td>146</td><td>539</td><td>122</td><td>800</td><td>5,077</td><td>649</td></tr><tr><td>Aug. 21.</td><td>9,047</td><td>2,825</td><td>138</td><td>15</td><td>16</td><td>9</td><td>32</td><td>86</td><td>214</td><td>144</td><td>539</td><td>116</td><td>811</td><td>4,945</td><td>552</td></tr><tr><td>Aug. 28.</td><td>9,108</td><td>2,985</td><td>193</td><td>16</td><td>15</td><td>8</td><td>34</td><td>89</td><td>217</td><td>143</td><td>534</td><td>115</td><td>812</td><td>5,161</td><td>633</td></tr><tr><td>Sept. 4.</td><td>9,282</td><td>3,065</td><td>191</td><td>16</td><td>15</td><td>8</td><td>34</td><td>87</td><td>214</td><td>144</td><td>524</td><td>114</td><td>799</td><td>5,211</td><td>701</td></tr><tr><td><b>TOTAL ASSETS PAYABLE IN DOLLARS:</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>383,403</td><td>12,726</td><td>3,848</td><td>2,010</td><td>314</td><td>1,951</td><td>45,267</td><td>8,468</td><td>1,284</td><td>947</td><td>2,205</td><td>2,193</td><td>26,226</td><td>107,439</td><td>26,249</td></tr><tr><td>Aug. 14.</td><td>381,071</td><td>12,801</td><td>4,004</td><td>1,871</td><td>305</td><td>1,638</td><td>45,518</td><td>7,953</td><td>1,076</td><td>950</td><td>2,043</td><td>1,838</td><td>26,413</td><td>106,410</td><td>24,607</td></tr><tr><td>Aug. 21.</td><td>370,569</td><td>13,662</td><td>3,796</td><td>1,774</td><td>253</td><td>1,667</td><td>45,202</td><td>5,737</td><td>1,061</td><td>966</td><td>2,178</td><td>1,466</td><td>26,239</td><td>104,001</td><td>26,418</td></tr><tr><td>Aug. 28.</td><td>371,330</td><td>12,134</td><td>3,733</td><td>1,628</td><td>295</td><td>1,642</td><td>45,427</td><td>4,477</td><td>824</td><td>1,005</td><td>2,161</td><td>1,549</td><td>25,737</td><td>100,612</td><td>27,200</td></tr><tr><td>Sept. 4.</td><td>381,359</td><td>12,471</td><td>3,735</td><td>1,559</td><td>294</td><td>1,648</td><td>45,356</td><td>3,359</td><td>807</td><td>890</td><td>2,198</td><td>1,356</td><td>25,941</td><td>99,614</td><td>27,101</td></tr><tr><td><b>Loans to foreign banks:</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>136,313</td><td>5,995</td><td>1,114</td><td>604</td><td>1</td><td>14</td><td>14,416</td><td>1,077</td><td>154</td><td>71</td><td>1,465</td><td>171</td><td>10,439</td><td>35,581</td><td>5,768</td></tr><tr><td>Aug. 14.</td><td>137,170</td><td>6,716</td><td>1,333</td><td>656</td><td>1</td><td>14</td><td>14,926</td><td>2,313</td><td>170</td><td>69</td><td>1,461</td><td>159</td><td>10,897</td><td>38,315</td><td>5,369</td></tr><tr><td>Aug. 21.</td><td>133,440</td><td>7,076</td><td>1,122</td><td>642</td><td>1</td><td>-</td><td>14,149</td><td>1,791</td><td>186</td><td>93</td><td>1,476</td><td>173</td><td>10,868</td><td>37,177</td><td>8,004</td></tr><tr><td>Aug. 28.</td><td>137,227</td><td>5,861</td><td>1,036</td><td>581</td><td>-</td><td>-</td><td>14,015</td><td>1,447</td><td>138</td><td>140</td><td>1,473</td><td>165</td><td>10,466</td><td>35,324</td><td>8,156</td></tr><tr><td>Sept. 4.</td><td>144,775</td><td>6,497</td><td>1,044</td><td>568</td><td>1</td><td>1</td><td>14,063</td><td>1,013</td><td>145</td><td>64</td><td>1,473</td><td>170</td><td>10,705</td><td>35,742</td><td>7,673</td></tr><tr><td><b>Acceptances made for foreign banks:</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>66,028</td><td>2,168</td><td>743</td><td>240</td><td>9</td><td>-</td><td>19,828</td><td>6,141</td><td>320</td><td>6</td><td>103</td><td>949</td><td>1,282</td><td>31,789</td><td>4,986</td></tr><tr><td>Aug. 14.</td><td>61,290</td><td>2,364</td><td>714</td><td>114</td><td>4</td><td>-</td><td>18,566</td><td>4,398</td><td>145</td><td>6</td><td>98</td><td>549</td><td>924</td><td>27,882</td><td>4,792</td></tr><tr><td>Aug. 21.</td><td>60,361</td><td>2,323</td><td>731</td><td>67</td><td>2</td><td>-</td><td>19,375</td><td>3,130</td><td>99</td><td>-</td><td>104</td><td>319</td><td>915</td><td>27,065</td><td>4,506</td></tr><tr><td>Aug. 28.</td><td>59,067</td><td>2,149</td><td>727</td><td>22</td><td>1</td><td>-</td><td>19,809</td><td>1,800</td><td>26</td><td>-</td><td>100</td><td>343</td><td>890</td><td>25,867</td><td>4,533</td></tr><tr><td>Sept. 4.</td><td>57,954</td><td>1,824</td><td>720</td><td>12</td><td>1</td><td>-</td><td>19,715</td><td>1,117</td><td>16</td><td>-</td><td>95</td><td>127</td><td>873</td><td>24,500</td><td>4,826</td></tr><tr><td><b>Other assets payable in dollars:</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>181,057</td><td>4,563</td><td>1,991</td><td>1,106</td><td>304</td><td>1,937</td><td>11,023</td><td>1,250</td><td>810</td><td>870</td><td>637</td><td>1,073</td><td>14,505</td><td>40,069</td><td>15,517</td></tr><tr><td>Aug. 14.</td><td>182,611</td><td>4,121</td><td>1,957</td><td>1,101</td><td>300</td><td>1,624</td><td>12,026</td><td>1,242</td><td>761</td><td>875</td><td>484</td><td>1,130</td><td>14,592</td><td>40,213</td><td>14,046</td></tr><tr><td>Aug. 21.</td><td>176,768</td><td>4,263</td><td>1,943</td><td>1,065</td><td>250</td><td>1,667</td><td>11,678</td><td>1,216</td><td>776</td><td>873</td><td>598</td><td>974</td><td>14,456</td><td>39,759</td><td>14,248</td></tr><tr><td>Aug. 28.</td><td>175,036</td><td>4,124</td><td>1,970</td><td>1,023</td><td>294</td><td>1,042</td><td>11,603</td><td>1,230</td><td>660</td><td>865</td><td>588</td><td>1,041</td><td>14,181</td><td>39,421</td><td>14,511</td></tr><tr><td>Sept. 4.</td><td>178,630</td><td>4,150</td><td>1,971</td><td>981</td><td>292</td><td>1,047</td><td>11,578</td><td>1,229</td><td>646</td><td>826</td><td>630</td><td>1,059</td><td>14,363</td><td>39,372</td><td>14,402</td></tr></table>
(Continued on following page)
42
Short-Term Foreign Assets as Reported by Banks and Bankers in the United States for August 1940 - (Continued)
(In thousands of dollars)
<table><tr><th>Assets as of following dates</th><th>Argentina</th><th>Brazil</th><th>Chile</th><th>Cuba</th><th>Mexico</th><th>Panama & Canal Zone</th><th>Other Latin America</th><th>Total Latin America</th><th>China</th><th>Hong Kong</th><th>Japan, Korea and Manchuria</th><th>Philip-pine Islands</th><th>Other Asia</th><th>Total Asia</th><th>All other</th></tr><tr><td>TOTAL SHORT-TERM FOREIGN ASSETS:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>16,192</td><td>33,304</td><td>9,584</td><td>10,216</td><td>4,575</td><td>1,511</td><td>38,534</td><td>114,076</td><td>29,860</td><td>1,539</td><td>76,817</td><td>30,925</td><td>14,849</td><td>153,790</td><td>6,886</td></tr><tr><td>Aug. 14.</td><td>16,475</td><td>30,853</td><td>9,591</td><td>10,104</td><td>4,520</td><td>1,423</td><td>38,293</td><td>111,269</td><td>30,537</td><td>1,986</td><td>79,883</td><td>30,259</td><td>14,237</td><td>157,002</td><td>6,452</td></tr><tr><td>Aug. 21.</td><td>15,392</td><td>31,266</td><td>9,621</td><td>10,310</td><td>4,418</td><td>1,473</td><td>38,742</td><td>111,222</td><td>24,755</td><td>2,277</td><td>73,032</td><td>29,904</td><td>14,973</td><td>144,941</td><td>8,866</td></tr><tr><td>Aug. 28.</td><td>15,444</td><td>30,499</td><td>9,436</td><td>10,765</td><td>4,442</td><td>1,445</td><td>38,910</td><td>110,941</td><td>24,615</td><td>2,922</td><td>76,048</td><td>29,542</td><td>15,730</td><td>148,857</td><td>8,588</td></tr><tr><td>Sept. 4.</td><td>15,083</td><td>31,347</td><td>9,578</td><td>9,891</td><td>4,490</td><td>1,686</td><td>40,262</td><td>112,337</td><td>24,028</td><td>3,785</td><td>84,910</td><td>29,452</td><td>16,290</td><td>158,465</td><td>8,912</td></tr><tr><td>TOTAL ASSETS PAYABLE IN FOREIGN CURRENCIES:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>1,305</td><td>94</td><td>20</td><td>85</td><td>239</td><td>55</td><td>329</td><td>2,129</td><td>19,229</td><td>623</td><td>850</td><td>136</td><td>1,140</td><td>21,978</td><td>925</td></tr><tr><td>Aug. 14.</td><td>1,307</td><td>93</td><td>18</td><td>63</td><td>234</td><td>52</td><td>332</td><td>2,105</td><td>19,269</td><td>637</td><td>855</td><td>132</td><td>1,022</td><td>21,915</td><td>849</td></tr><tr><td>Aug. 21.</td><td>1,296</td><td>195</td><td>22</td><td>104</td><td>231</td><td>53</td><td>389</td><td>2,290</td><td>19,285</td><td>889</td><td>882</td><td>65</td><td>1,044</td><td>22,165</td><td>824</td></tr><tr><td>Aug. 28.</td><td>1,165</td><td>101</td><td>20</td><td>71</td><td>216</td><td>55</td><td>519</td><td>2,147</td><td>19,220</td><td>727</td><td>884</td><td>101</td><td>1,099</td><td>22,031</td><td>690</td></tr><tr><td>Sept. 4.</td><td>1,107</td><td>108</td><td>19</td><td>80</td><td>276</td><td>65</td><td>500</td><td>2,155</td><td>19,335</td><td>769</td><td>902</td><td>112</td><td>1,008</td><td>22,127</td><td>788</td></tr><tr><td>Banks own deposits abroad:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>32</td><td>5</td><td>1</td><td>63</td><td>69</td><td>15</td><td>4</td><td>189</td><td>58</td><td>378</td><td>114</td><td>110</td><td>444</td><td>1,104</td><td>8</td></tr><tr><td>Aug. 14.</td><td>22</td><td>4</td><td>1</td><td>40</td><td>68</td><td>15</td><td>5</td><td>155</td><td>80</td><td>392</td><td>124</td><td>109</td><td>335</td><td>1,040</td><td>9</td></tr><tr><td>Aug. 21.</td><td>24</td><td>105</td><td>1</td><td>64</td><td>54</td><td>15</td><td>9</td><td>272</td><td>93</td><td>532</td><td>135</td><td>37</td><td>337</td><td>1,134</td><td>9</td></tr><tr><td>Aug. 28.</td><td>112</td><td>1</td><td>1</td><td>39</td><td>41</td><td>15</td><td>11</td><td>220</td><td>30</td><td>488</td><td>76</td><td>72</td><td>462</td><td>1,128</td><td>6</td></tr><tr><td>Sept. 4.</td><td>34</td><td>2</td><td>1</td><td>49</td><td>83</td><td>15</td><td>5</td><td>189</td><td>121</td><td>530</td><td>93</td><td>83</td><td>396</td><td>1,223</td><td>48</td></tr><tr><td>Deposits abroad for account of domestic clients:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>578</td><td>16</td><td>2</td><td>-</td><td>4</td><td>-</td><td>100</td><td>700</td><td>19,156</td><td>200</td><td>27</td><td>-</td><td>62</td><td>19,445</td><td>50</td></tr><tr><td>Aug. 14.</td><td>591</td><td>18</td><td>2</td><td>-</td><td>4</td><td>-</td><td>104</td><td>719</td><td>19,156</td><td>201</td><td>21</td><td>-</td><td>63</td><td>19,441</td><td>50</td></tr><tr><td>Aug. 21.</td><td>575</td><td>19</td><td>2</td><td>-</td><td>4</td><td>-</td><td>104</td><td>704</td><td>19,159</td><td>305</td><td>33</td><td>-</td><td>63</td><td>19,560</td><td>50</td></tr><tr><td>Aug. 28.</td><td>580</td><td>19</td><td>2</td><td>-</td><td>4</td><td>-</td><td>101</td><td>706</td><td>19,158</td><td>186</td><td>32</td><td>-</td><td>69</td><td>19,445</td><td>49</td></tr><tr><td>Sept. 4.</td><td>596</td><td>19</td><td>2</td><td>-</td><td>4</td><td>-</td><td>104</td><td>725</td><td>19,183</td><td>188</td><td>26</td><td>-</td><td>69</td><td>19,466</td><td>49</td></tr><tr><td>Other assets payable in foreign currencices:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>696</td><td>73</td><td>17</td><td>23</td><td>166</td><td>40</td><td>225</td><td>1,231</td><td>15</td><td>145</td><td>709</td><td>26</td><td>634</td><td>1,429</td><td>867</td></tr><tr><td>Aug. 14.</td><td>694</td><td>77</td><td>15</td><td>23</td><td>162</td><td>37</td><td>223</td><td>1,231</td><td>33</td><td>44</td><td>710</td><td>23</td><td>624</td><td>1,434</td><td>790</td></tr><tr><td>Aug. 21.</td><td>697</td><td>71</td><td>19</td><td>40</td><td>173</td><td>38</td><td>276</td><td>1,314</td><td>33</td><td>52</td><td>714</td><td>28</td><td>644</td><td>1,471</td><td>765</td></tr><tr><td>Aug. 28.</td><td>473</td><td>81</td><td>17</td><td>32</td><td>171</td><td>40</td><td>407</td><td>1,221</td><td>32</td><td>53</td><td>776</td><td>29</td><td>568</td><td>1,458</td><td>635</td></tr><tr><td>Sept. 4.</td><td>477</td><td>87</td><td>16</td><td>31</td><td>189</td><td>50</td><td>391</td><td>1,241</td><td>32</td><td>51</td><td>783</td><td>29</td><td>543</td><td>1,438</td><td>691</td></tr><tr><td>TOTAL ASSETS PAYABLE IN DOLLARS:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>14,886</td><td>33,270</td><td>9,504</td><td>10,130</td><td>4,436</td><td>1,456</td><td>38,205</td><td>111,947</td><td>10,631</td><td>916</td><td>75,967</td><td>30,789</td><td>13,509</td><td>131,812</td><td>5,961</td></tr><tr><td>Aug. 14.</td><td>15,168</td><td>30,764</td><td>9,573</td><td>10,041</td><td>4,286</td><td>1,371</td><td>37,961</td><td>109,164</td><td>11,368</td><td>1,349</td><td>79,028</td><td>30,127</td><td>13,215</td><td>135,087</td><td>5,503</td></tr><tr><td>Aug. 21.</td><td>14,096</td><td>31,071</td><td>9,599</td><td>10,206</td><td>4,187</td><td>1,420</td><td>38,353</td><td>108,932</td><td>5,470</td><td>1,388</td><td>72,150</td><td>29,839</td><td>13,929</td><td>122,776</td><td>8,042</td></tr><tr><td>Aug. 28.</td><td>14,279</td><td>30,398</td><td>9,416</td><td>10,694</td><td>4,226</td><td>1,390</td><td>38,391</td><td>108,794</td><td>5,395</td><td>2,195</td><td>75,164</td><td>29,441</td><td>14,531</td><td>126,826</td><td>7,898</td></tr><tr><td>Sept. 4.</td><td>13,976</td><td>31,239</td><td>9,559</td><td>9,811</td><td>4,214</td><td>1,621</td><td>39,762</td><td>110,182</td><td>4,692</td><td>3,016</td><td>84,008</td><td>29,340</td><td>15,282</td><td>136,338</td><td>8,124</td></tr><tr><td>Loans to foreign banks:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>454</td><td>6,682</td><td>114</td><td>3,517</td><td>541</td><td>8</td><td>2,845</td><td>14,191</td><td>1,539</td><td>511</td><td>54,168</td><td>16,552</td><td>7,846</td><td>80,616</td><td>157</td></tr><tr><td>Aug. 14.</td><td>450</td><td>4,957</td><td>180</td><td>3,568</td><td>538</td><td>8</td><td>2,742</td><td>12,543</td><td>2,123</td><td>946</td><td>53,936</td><td>16,358</td><td>7,466</td><td>80,829</td><td>114</td></tr><tr><td>Aug. 21.</td><td>424</td><td>5,749</td><td>174</td><td>4,017</td><td>507</td><td>8</td><td>3,079</td><td>13,958</td><td>2,101</td><td>991</td><td>46,412</td><td>16,433</td><td>8,198</td><td>74,135</td><td>166</td></tr><tr><td>Aug. 28.</td><td>592</td><td>4,792</td><td>167</td><td>4,607</td><td>537</td><td>8</td><td>3,524</td><td>14,227</td><td>2,113</td><td>1,781</td><td>50,571</td><td>16,193</td><td>8,734</td><td>79,392</td><td>128</td></tr><tr><td>Sept. 4.</td><td>424</td><td>5,900</td><td>139</td><td>3,991</td><td>546</td><td>8</td><td>4,748</td><td>15,756</td><td>1,640</td><td>2,044</td><td>55,223</td><td>16,211</td><td>9,483</td><td>85,201</td><td>203</td></tr><tr><td>Acceptances made for foreign banks:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>617</td><td>12,583</td><td>896</td><td>3,121</td><td>523</td><td>32</td><td>2,429</td><td>20,201</td><td>600</td><td>188</td><td>2,716</td><td>3,311</td><td>1,650</td><td>8,465</td><td>609</td></tr><tr><td>Aug. 14.</td><td>577</td><td>11,075</td><td>870</td><td>3,040</td><td>479</td><td>34</td><td>2,331</td><td>18,406</td><td>667</td><td>188</td><td>4,141</td><td>3,003</td><td>1,659</td><td>9,658</td><td>552</td></tr><tr><td>Aug. 21.</td><td>538</td><td>10,931</td><td>947</td><td>2,834</td><td>409</td><td>32</td><td>2,315</td><td>18,006</td><td>482</td><td>188</td><td>2,316</td><td>2,826</td><td>1,806</td><td>7,618</td><td>3,106</td></tr><tr><td>Aug. 28.</td><td>527</td><td>10,824</td><td>938</td><td>2,703</td><td>523</td><td>35</td><td>2,334</td><td>17,884</td><td>507</td><td>205</td><td>2,125</td><td>3,030</td><td>1,853</td><td>7,721</td><td>3,062</td></tr><tr><td>Sept. 4.</td><td>462</td><td>10,487</td><td>784</td><td>2,657</td><td>585</td><td>35</td><td>2,313</td><td>17,323</td><td>538</td><td>184</td><td>2,570</td><td>3,113</td><td>1,887</td><td>8,292</td><td>3,013</td></tr><tr><td>Other assets payable in dollars:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>13,815</td><td>14,005</td><td>8,554</td><td>3,462</td><td>3,372</td><td>1,416</td><td>32,931</td><td>77,555</td><td>8,492</td><td>217</td><td>19,083</td><td>10,926</td><td>4,013</td><td>42,731</td><td>5,195</td></tr><tr><td>Aug. 14.</td><td>14,141</td><td>14,732</td><td>8,523</td><td>3,333</td><td>3,269</td><td>1,329</td><td>32,888</td><td>78,215</td><td>8,578</td><td>215</td><td>20,951</td><td>10,766</td><td>4,090</td><td>44,600</td><td>4,937</td></tr><tr><td>Aug. 21.</td><td>13,134</td><td>14,391</td><td>8,478</td><td>3,355</td><td>3,271</td><td>1,380</td><td>32,959</td><td>76,968</td><td>2,887</td><td>209</td><td>23,422</td><td>10,580</td><td>3,925</td><td>41,023</td><td>4,770</td></tr><tr><td>Aug. 28.</td><td>13,160</td><td>14,782</td><td>8,311</td><td>3,384</td><td>3,166</td><td>1,347</td><td>32,533</td><td>76,683</td><td>2,775</td><td>208</td><td>22,468</td><td>10,218</td><td>4,044</td><td>39,713</td><td>4,708</td></tr><tr><td>Sept. 4.</td><td>13,990</td><td>14,852</td><td>8,636</td><td>3,163</td><td>3,083</td><td>1,578</td><td>32,701</td><td>77,103</td><td>2,514</td><td>188</td><td>26,215</td><td>10,016</td><td>3,912</td><td>42,945</td><td>4,908</td></tr></table>
43
Security Transactions as Reported by Banks, Bankers, Brokers and Dealers in the United States for August 1940
(In thousands of dollars)
<table><tr><th>Transactions during week ended:</th><th>Grand total</th><th>United Kingdom</th><th>France</th><th>Belgium</th><th>Germany</th><th>Italy</th><th>Netherlands</th><th>Sweden</th><th>Switzerland</th><th>Other Europe</th><th>Total Europe</th><th>Canada</th><th>Latin America</th><th>Japan, Korea and Manchuria</th><th>Other Asia</th><th>Total Asia</th><th>All other</th></tr><tr><td>TOTAL PURCHASES IN THE UNITED STATES FOR FOREIGN ACCOUNT:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7......</td><td>7,535</td><td>149</td><td>94</td><td>16</td><td>8</td><td>14</td><td>76</td><td>13</td><td>716</td><td>50</td><td>1,136</td><td>4,840</td><td>983</td><td>298</td><td>258</td><td>556</td><td>20</td></tr><tr><td>Aug. 14......</td><td>1,333</td><td>166</td><td>48</td><td>45</td><td>38</td><td>20</td><td>104</td><td>3</td><td>709</td><td>137</td><td>1,270</td><td>1,063</td><td>824</td><td>146</td><td>496</td><td>642</td><td>474</td></tr><tr><td>Aug. 21......</td><td>3,265</td><td>223</td><td>13</td><td>-</td><td>15</td><td>10</td><td>97</td><td>58</td><td>508</td><td>192</td><td>1,116</td><td>878</td><td>724</td><td>189</td><td>242</td><td>471</td><td>116</td></tr><tr><td>Aug. 28......</td><td>3,036</td><td>57</td><td>25</td><td>-</td><td>33</td><td>11</td><td>79</td><td>29</td><td>641</td><td>310</td><td>985</td><td>1,182</td><td>695</td><td>120</td><td>194</td><td>314</td><td>60</td></tr><tr><td>Sept. 4......</td><td>5,604</td><td>118</td><td>31</td><td>198</td><td>33</td><td>17</td><td>157</td><td>13</td><td>538</td><td>200</td><td>1,305</td><td>2,461</td><td>1,013</td><td>69</td><td>430</td><td>499</td><td>326</td></tr><tr><td>Purchases of domestic securities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stocks:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7......</td><td>1,606</td><td>125</td><td>18</td><td>3</td><td>2</td><td>-</td><td>76</td><td>11</td><td>557</td><td>27</td><td>819</td><td>260</td><td>488</td><td>16</td><td>221</td><td>237</td><td>2</td></tr><tr><td>Aug. 14......</td><td>2,023</td><td>75</td><td>17</td><td>19</td><td>-</td><td>3</td><td>97</td><td>-</td><td>584</td><td>73</td><td>858</td><td>258</td><td>291</td><td>-</td><td>259</td><td>259</td><td>347</td></tr><tr><td>Aug. 21......</td><td>1,463</td><td>179</td><td>2</td><td>-</td><td>1</td><td>2</td><td>88</td><td>9</td><td>349</td><td>65</td><td>695</td><td>117</td><td>411</td><td>12</td><td>228</td><td>240</td><td>-</td></tr><tr><td>Aug. 28......</td><td>1,021</td><td>20</td><td>5</td><td>-</td><td>12</td><td>1</td><td>79</td><td>11</td><td>265</td><td>62</td><td>455</td><td>120</td><td>240</td><td>8</td><td>182</td><td>190</td><td>16</td></tr><tr><td>Sept. 4......</td><td>2,899</td><td>25</td><td>18</td><td>97</td><td>3</td><td>9</td><td>146</td><td>13</td><td>426</td><td>101</td><td>838</td><td>1,060</td><td>256</td><td>37</td><td>407</td><td>444</td><td>301</td></tr><tr><td>Bonds:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7......</td><td>4,352</td><td>15</td><td>69</td><td>-</td><td>-</td><td>4</td><td>-</td><td>-</td><td>93</td><td>5</td><td>186</td><td>4,096</td><td>33</td><td>-</td><td>34</td><td>34</td><td>3</td></tr><tr><td>Aug. 14......</td><td>965</td><td>86</td><td>15</td><td>-</td><td>-</td><td>5</td><td>2</td><td>-</td><td>63</td><td>32</td><td>203</td><td>463</td><td>62</td><td>-</td><td>237</td><td>237</td><td>-</td></tr><tr><td>Aug. 21......</td><td>827</td><td>44</td><td>8</td><td>-</td><td>-</td><td>3</td><td>4</td><td>-</td><td>99</td><td>54</td><td>212</td><td>548</td><td>51</td><td>-</td><td>14</td><td>14</td><td>2</td></tr><tr><td>Aug. 28......</td><td>1,217</td><td>37</td><td>20</td><td>-</td><td>-</td><td>7</td><td>-</td><td>-</td><td>99</td><td>110</td><td>273</td><td>896</td><td>41</td><td>-</td><td>7</td><td>7</td><td>-</td></tr><tr><td>Sept. 4......</td><td>1,458</td><td>14</td><td>6</td><td>-</td><td>1</td><td>5</td><td>7</td><td>-</td><td>51</td><td>13</td><td>97</td><td>1,206</td><td>135</td><td>1</td><td>14</td><td>15</td><td>5</td></tr><tr><td>Purchases of foreign securities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7......</td><td>1,377</td><td>9</td><td>7</td><td>13</td><td>6</td><td>10</td><td>-</td><td>2</td><td>66</td><td>18</td><td>131</td><td>484</td><td>462</td><td>282</td><td>3</td><td>285</td><td>15</td></tr><tr><td>Aug. 14......</td><td>1,345</td><td>5</td><td>16</td><td>26</td><td>38</td><td>12</td><td>5</td><td>3</td><td>62</td><td>32</td><td>199</td><td>342</td><td>531</td><td>146</td><td>-</td><td>146</td><td>127</td></tr><tr><td>Aug. 21......</td><td>975</td><td>-</td><td>3</td><td>-</td><td>14</td><td>5</td><td>5</td><td>49</td><td>60</td><td>73</td><td>209</td><td>213</td><td>262</td><td>177</td><td>-</td><td>177</td><td>114</td></tr><tr><td>Aug. 28......</td><td>798</td><td>-</td><td>-</td><td>-</td><td>21</td><td>3</td><td>-</td><td>18</td><td>77</td><td>138</td><td>257</td><td>166</td><td>214</td><td>112</td><td>5</td><td>117</td><td>44</td></tr><tr><td>Sept. 4......</td><td>1,247</td><td>79</td><td>7</td><td>101</td><td>29</td><td>3</td><td>4</td><td>-</td><td>61</td><td>86</td><td>370</td><td>195</td><td>622</td><td>31</td><td>9</td><td>40</td><td>20</td></tr><tr><td>TOTAL SALES IN THE UNITED STATES FOR FOREIGN ACCOUNT:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7......</td><td>6,787</td><td>945</td><td>77</td><td>1</td><td>158</td><td>1,208</td><td>21</td><td>9</td><td>915</td><td>107</td><td>3,441</td><td>2,048</td><td>891</td><td>26</td><td>326</td><td>352</td><td>55</td></tr><tr><td>Aug. 14......</td><td>9,887</td><td>2,587</td><td>49</td><td>49</td><td>94</td><td>3,366</td><td>28</td><td>22</td><td>1,200</td><td>223</td><td>7,618</td><td>1,341</td><td>490</td><td>30</td><td>230</td><td>260</td><td>219</td></tr><tr><td>Aug. 21......</td><td>5,739</td><td>1,110</td><td>44</td><td>5</td><td>56</td><td>604</td><td>100</td><td>8</td><td>1,722</td><td>122</td><td>3,771</td><td>954</td><td>724</td><td>17</td><td>247</td><td>294</td><td>26</td></tr><tr><td>Aug. 28......</td><td>5,021</td><td>550</td><td>171</td><td>3</td><td>94</td><td>407</td><td>83</td><td>69</td><td>1,419</td><td>103</td><td>2,899</td><td>1,131</td><td>712</td><td>47</td><td>170</td><td>217</td><td>62</td></tr><tr><td>Sept. 4......</td><td>6,444</td><td>529</td><td>26</td><td>9</td><td>17</td><td>329</td><td>41</td><td>38</td><td>1,870</td><td>182</td><td>3,041</td><td>1,958</td><td>1,190</td><td>85</td><td>111</td><td>196</td><td>59</td></tr><tr><td>Sales of domestic securities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stocks:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7......</td><td>3,197</td><td>682</td><td>40</td><td>-</td><td>13</td><td>-</td><td>-</td><td>9</td><td>673</td><td>61</td><td>1,478</td><td>650</td><td>688</td><td>4</td><td>323</td><td>327</td><td>54</td></tr><tr><td>Aug. 14......</td><td>3,499</td><td>1,085</td><td>24</td><td>46</td><td>8</td><td>14</td><td>22</td><td>22</td><td>835</td><td>176</td><td>2,232</td><td>592</td><td>257</td><td>13</td><td>229</td><td>242</td><td>176</td></tr><tr><td>Aug. 21......</td><td>2,587</td><td>355</td><td>21</td><td>-</td><td>7</td><td>3</td><td>34</td><td>3</td><td>1,210</td><td>95</td><td>1,728</td><td>224</td><td>350</td><td>17</td><td>242</td><td>259</td><td>26</td></tr><tr><td>Aug. 28......</td><td>2,067</td><td>254</td><td>69</td><td>1</td><td>29</td><td>3</td><td>34</td><td>66</td><td>795</td><td>71</td><td>1,322</td><td>244</td><td>280</td><td>19</td><td>149</td><td>168</td><td>53</td></tr><tr><td>Sept. 4......</td><td>3,094</td><td>224</td><td>17</td><td>5</td><td>7</td><td>13</td><td>10</td><td>31</td><td>1,231</td><td>66</td><td>1,604</td><td>466</td><td>858</td><td>5</td><td>84</td><td>89</td><td>47</td></tr><tr><td>Bonds:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7......</td><td>2,931</td><td>168</td><td>32</td><td>-</td><td>-</td><td>1,208</td><td>21</td><td>-</td><td>199</td><td>27</td><td>1,655</td><td>1,232</td><td>41</td><td>1</td><td>2</td><td>3</td><td>-</td></tr><tr><td>Aug. 14......</td><td>5,677</td><td>1,383</td><td>15</td><td>-</td><td>-</td><td>3,352</td><td>6</td><td>-</td><td>304</td><td>42</td><td>5,102</td><td>507</td><td>66</td><td>1</td><td>1</td><td>2</td><td>-</td></tr><tr><td>Aug. 21......</td><td>2,249</td><td>563</td><td>17</td><td>3</td><td>48</td><td>601</td><td>66</td><td>-</td><td>221</td><td>23</td><td>1,542</td><td>600</td><td>102</td><td>-</td><td>5</td><td>5</td><td>-</td></tr><tr><td>Aug. 28......</td><td>2,164</td><td>214</td><td>102</td><td>-</td><td>6</td><td>400</td><td>49</td><td>3</td><td>384</td><td>8</td><td>1,166</td><td>779</td><td>199</td><td>5</td><td>12</td><td>17</td><td>3</td></tr><tr><td>Sept. 4......</td><td>2,244</td><td>173</td><td>9</td><td>2</td><td>1</td><td>316</td><td>31</td><td>1</td><td>169</td><td>109</td><td>811</td><td>1,341</td><td>64</td><td>1</td><td>27</td><td>28</td><td>-</td></tr><tr><td>Sales of foreign securities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7......</td><td>659</td><td>95</td><td>5</td><td>1</td><td>145</td><td>-</td><td>-</td><td>-</td><td>43</td><td>19</td><td>308</td><td>166</td><td>162</td><td>21</td><td>1</td><td>22</td><td>1</td></tr><tr><td>Aug. 14......</td><td>711</td><td>119</td><td>10</td><td>3</td><td>86</td><td>-</td><td>-</td><td>-</td><td>61</td><td>5</td><td>284</td><td>242</td><td>126</td><td>16</td><td>-</td><td>16</td><td>43</td></tr><tr><td>Aug. 21......</td><td>903</td><td>192</td><td>6</td><td>2</td><td>1</td><td>-</td><td>-</td><td>5</td><td>291</td><td>4</td><td>501</td><td>130</td><td>272</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 28......</td><td>790</td><td>82</td><td>-</td><td>2</td><td>59</td><td>4</td><td>-</td><td>6</td><td>240</td><td>24</td><td>411</td><td>108</td><td>233</td><td>23</td><td>9</td><td>32</td><td>6</td></tr><tr><td>Sept. 4......</td><td>1,136</td><td>132</td><td>-</td><td>2</td><td>9</td><td>-</td><td>-</td><td>6</td><td>470</td><td>7</td><td>626</td><td>151</td><td>268</td><td>79</td><td>-</td><td>79</td><td>12</td></tr><tr><td>TOTAL PURCHASES EXECUTED ABROAD FOR DOMESTIC ACCOUNT:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7......</td><td>265</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>256</td><td>-</td><td>-</td><td>9</td><td>9</td><td>-</td></tr><tr><td>Aug. 14......</td><td>370</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>370</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 21......</td><td>259</td><td>3</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>3</td><td>256</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 28......</td><td>308</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>294</td><td>-</td><td>-</td><td>14</td><td>14</td><td>-</td></tr><tr><td>Sept. 4......</td><td>421</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>406</td><td>-</td><td>-</td><td>15</td><td>15</td><td>-</td></tr><tr><td>Purchases of domestic securities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stocks:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7......</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 14......</td><td>6</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>6</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 21......</td><td>4</td><td>3</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>3</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 28......</td><td>14</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>14</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Sept. 4......</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7......</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 14......</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 21......</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 28......</td><td>-</td><td>-</td><td>-</td
(Continued on following page)
44
Security Transactions as Reported by Banks, Bankers, Brokers and Dealers in the United States for August 1940 - (Continued)
(in thousands of dollars)
<table><tr><th>Transactions during week ended:</th><th>Grand total</th><th>United Kingdom</th><th>France</th><th>Belgium</th><th>Germany</th><th>Italy</th><th>Netherlands</th><th>Sweden</th><th>Switzerland</th><th>Other Europe</th><th>Total Europe</th><th>Canada</th><th>Latin America</th><th>Japan, Korea and Manchuria</th><th>Other Asia</th><th>Total Asia</th><th>All other</th></tr><tr><td><b>TOTAL SALES EXECUTED ABROAD FOR DOMESTIC ACCOUNT:</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>311</td><td>26</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>26</td><td>242</td><td>-</td><td>-</td><td>43</td><td>43</td><td>-</td></tr><tr><td>Aug. 14</td><td>386</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>3</td><td>3</td><td>383</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 21</td><td>396</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>9</td><td>-</td><td>9</td><td>375</td><td>12</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 28</td><td>343</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>343</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Sept. 4</td><td>271</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>271</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td><b>Sales of domestic securities:</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stocks:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 14</td><td>12</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>12</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 21</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 28</td><td>4</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>4</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Sept. 4</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 14</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 21</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 28</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Sept. 4</td><td>18</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>18</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td><b>Sales of foreign securities:</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>311</td><td>26</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>26</td><td>242</td><td>-</td><td>-</td><td>43</td><td>43</td><td>-</td></tr><tr><td>Aug. 14</td><td>372</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>3</td><td>3</td><td>369</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 21</td><td>393</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>9</td><td>-</td><td>9</td><td>372</td><td>12</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 28</td><td>337</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>337</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Sept. 4</td><td>252</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>252</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr></table>
Foreign Balances in Brokerage Accounts as Reported by Brokers and Dealers in the United States for August 1940
(In thousands of dollars)
<table><tr><th>Balances as of following dates</th><th>Grand total</th><th>United Kingdom</th><th>France</th><th>Belgium</th><th>Germany</th><th>Italy</th><th>Netherlands</th><th>Sweden</th><th>Switzerland</th><th>Other Europe</th><th>Total Europe</th><th>Canada</th><th>Latin America</th><th>Japan, Korea and Manchuria</th><th>Other Asia</th><th>Total Asia</th><th>All other</th></tr><tr><td>Foreign debit balances: (due from abroad)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>25,909</td><td>2,172</td><td>1,568</td><td>857</td><td>67</td><td>112</td><td>803</td><td>377</td><td>1,307</td><td>1,835</td><td>9,228</td><td>11,215</td><td>3,274</td><td>107</td><td>1,642</td><td>1,949</td><td>243</td></tr><tr><td>Aug. 14.</td><td>25,841</td><td>2,157</td><td>1,795</td><td>647</td><td>67</td><td>111</td><td>803</td><td>365</td><td>1,326</td><td>1,742</td><td>9,013</td><td>11,153</td><td>3,313</td><td>110</td><td>2,003</td><td>2,113</td><td>249</td></tr><tr><td>Aug. 21.</td><td>25,726</td><td>2,079</td><td>1,804</td><td>648</td><td>67</td><td>111</td><td>734</td><td>281</td><td>1,211</td><td>1,777</td><td>8,712</td><td>11,145</td><td>3,267</td><td>109</td><td>1,532</td><td>1,941</td><td>661</td></tr><tr><td>Aug. 28.</td><td>24,936</td><td>1,970</td><td>1,823</td><td>665</td><td>68</td><td>110</td><td>731</td><td>283</td><td>1,263</td><td>1,806</td><td>8,719</td><td>11,172</td><td>2,560</td><td>110</td><td>2,141</td><td>2,251</td><td>234</td></tr><tr><td>Sept. 4.</td><td>25,040</td><td>2,035</td><td>1,608</td><td>642</td><td>67</td><td>109</td><td>751</td><td>269</td><td>1,294</td><td>2,026</td><td>8,801</td><td>11,204</td><td>3,090</td><td>99</td><td>2,210</td><td>2,309</td><td>236</td></tr><tr><td>Foreign credit balances: (due to abroad)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>48,336</td><td>2,942</td><td>6,290</td><td>718</td><td>267</td><td>59</td><td>5,938</td><td>274</td><td>13,966</td><td>2,527</td><td>32,981</td><td>3,182</td><td>9,566</td><td>244</td><td>1,839</td><td>2,083</td><td>524</td></tr><tr><td>Aug. 14.</td><td>47,752</td><td>2,865</td><td>6,330</td><td>698</td><td>181</td><td>62</td><td>5,870</td><td>267</td><td>13,800</td><td>2,357</td><td>32,430</td><td>3,217</td><td>9,528</td><td>263</td><td>1,709</td><td>1,972</td><td>505</td></tr><tr><td>Aug. 21.</td><td>47,665</td><td>2,364</td><td>6,339</td><td>670</td><td>247</td><td>62</td><td>6,038</td><td>356</td><td>14,136</td><td>2,152</td><td>32,364</td><td>3,088</td><td>9,720</td><td>235</td><td>1,737</td><td>1,972</td><td>521</td></tr><tr><td>Aug. 28.</td><td>47,672</td><td>2,212</td><td>6,381</td><td>753</td><td>193</td><td>58</td><td>5,814</td><td>283</td><td>14,285</td><td>2,308</td><td>32,287</td><td>3,036</td><td>10,188</td><td>199</td><td>1,529</td><td>1,728</td><td>473</td></tr><tr><td>Sept. 4.</td><td>48,981</td><td>2,332</td><td>6,155</td><td>701</td><td>185</td><td>51</td><td>6,299</td><td>296</td><td>14,866</td><td>2,256</td><td>33,147</td><td>3,007</td><td>10,474</td><td>189</td><td>1,699</td><td>1,888</td><td>465</td></tr></table>
45
Security Transactions in Joint Foreign Arbitrage Accounts as Reported by Brokers and Dealers in the United States for August 1940
(in thousands of dollars)
<table><tr><th>Transactions during week ended:</th><th>Grand total</th><th>United Kingdom</th><th>France</th><th>Belgium</th><th>Germany</th><th>Italy</th><th>Nether-land</th><th>Sweden</th><th>Switzerland</th><th>Other Europe</th><th>Total Europe</th><th>Canada</th><th>Latino America</th><th>Japan, Korea and Manchuria</th><th>Other Asia</th><th>Total Asia</th><th>All other</th></tr><tr><td>TOTAL PURCHASES in the UNITED STATES:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>136</td><td>48</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>48</td><td>58</td><td>30</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 14</td><td>184</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>104</td><td>61</td><td>7</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 21</td><td>68</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>61</td><td>-</td><td>1</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 28</td><td>237</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>237</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Sept. 4</td><td>142</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>142</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Purchases of domestic securities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stocks:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>11</td><td>11</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>11</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 14</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 21</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 28</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Sept. 4</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 14</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 21</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 28</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Sept. 4</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Purchases of foreign securities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>123</td><td>37</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>31</td><td>58</td><td>28</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 14</td><td>144</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>144</td><td>61</td><td>6</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 21</td><td>67</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>61</td><td>-</td><td>6</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 28</td><td>237</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>237</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Sept. 4</td><td>142</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>142</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>TOTAL SALES in the UNITED STATES:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>61</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>59</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 14</td><td>139</td><td>6</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>6</td><td>133</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 21</td><td>31</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>29</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 28</td><td>289</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>285</td><td>4</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Sept. 4</td><td>171</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>168</td><td>3</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Sales of domestic securities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stocks:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 14</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 21</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 28</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Sept. 4</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Bonds:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>6</td><td>-</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 14</td><td>6</td><td>6</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>6</td><td>-</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 21</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 28</td><td>4</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>4</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Sept. 4</td><td>3</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>3</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Sales of foreign securities:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7</td><td>59</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>59</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 14</td><td>133</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>133</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 21</td><td>29</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>29</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Aug. 28</td><td>285</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>285</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Sept. 4</td><td>168</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>168</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr></table>
46
Foreign Purchases and Sales of Domestic Securities
(In thousands of dollars)
<table><tr><th>Transactions during week ended:</th><th>Total purchase</th><th>Total sales</th><th>Net purchase or sales (-)</th><th>Transactions during week ended:</th><th>Total purchase</th><th>Total sales</th><th>Net purchase or sales (-)</th><th>Transactions during week ended:</th><th>Total purchase</th><th>Total sales</th><th>Net purchase or sales (-)</th></tr><tr><td>1937-Jan. 6....</td><td>38,171</td><td>37,056</td><td>1,115</td><td>1938-Apr. 6....</td><td>18,967</td><td>19,058</td><td>-91</td><td>1939-July 5....</td><td>13,187</td><td>13,128</td><td>59</td></tr><tr><td>13....</td><td>65,591</td><td>56,170</td><td>9,421</td><td>13....</td><td>14,702</td><td>12,630</td><td>2,072</td><td>12....</td><td>7,832</td><td>12,749</td><td>-4,917</td></tr><tr><td>20....</td><td>81,012</td><td>60,013</td><td>20,999</td><td>20....</td><td>19,312</td><td>12,406</td><td>6,906</td><td>19....</td><td>15,273</td><td>24,653</td><td>-9,380</td></tr><tr><td>27....</td><td>68,904</td><td>59,867</td><td>9,037</td><td>27....</td><td>14,912</td><td>13,401</td><td>1,511</td><td>26....</td><td>23,793</td><td>26,866</td><td>-5,073</td></tr><tr><td>Feb. 3....</td><td>65,470</td><td>55,056</td><td>10,414</td><td>May 4....</td><td>9,765</td><td>11,085</td><td>-1,320</td><td>Aug. 2....</td><td>20,542</td><td>18,308</td><td>2,234</td></tr><tr><td>10....</td><td>98,866</td><td>66,819</td><td>32,047</td><td>11....</td><td>11,852</td><td>14,356</td><td>-2,504</td><td>9....</td><td>15,561</td><td>21,304</td><td>-5,743</td></tr><tr><td>17....</td><td>77,632</td><td>73,754</td><td>3,878</td><td>18....</td><td>12,105</td><td>12,553</td><td>-448</td><td>16....</td><td>12,867</td><td>24,466</td><td>-11,599</td></tr><tr><td>24....</td><td>74,863</td><td>64,632</td><td>10,231</td><td>25....</td><td>8,816</td><td>9,291</td><td>-475</td><td>23....</td><td>15,766</td><td>15,513</td><td>253</td></tr><tr><td>Mar. 3....</td><td>74,784</td><td>63,616</td><td>11,168</td><td>June 1....</td><td>10,405</td><td>9,983</td><td>422</td><td>Sept. 6....</td><td>19,989</td><td>14,312</td><td>5,677</td></tr><tr><td>10....</td><td>113,812</td><td>85,119</td><td>28,693</td><td>8....</td><td>11,682</td><td>12,383</td><td>-701</td><td>13....</td><td>52,564</td><td>42,611</td><td>9,953</td></tr><tr><td>17....</td><td>84,365</td><td>74,045</td><td>10,320</td><td>15....</td><td>9,021</td><td>11,977</td><td>-2,956</td><td>20....</td><td>32,114</td><td>40,019</td><td>-7,905</td></tr><tr><td>24....</td><td>66,507</td><td>69,074</td><td>-2,567</td><td>22....</td><td>11,375</td><td>9,257</td><td>2,118</td><td>27....</td><td>19,024</td><td>28,016</td><td>-8,992</td></tr><tr><td>31....</td><td>43,680</td><td>30,086</td><td>13,594</td><td>29....</td><td>38,260</td><td>37,841</td><td>419</td><td></td><td></td><td></td><td></td></tr><tr><td>Apr. 7....</td><td>58,751</td><td>50,982</td><td>7,769</td><td>July 6....</td><td>38,619</td><td>32,628</td><td>5,991</td><td>Oct. 4....</td><td>15,174</td><td>29,373</td><td>-14,199</td></tr><tr><td>14....</td><td>58,729</td><td>58,162</td><td>567</td><td>13....</td><td>38,121</td><td>38,613</td><td>-492</td><td>11....</td><td>16,594</td><td>22,395</td><td>-5,801</td></tr><tr><td>21....</td><td>39,674</td><td>48,278</td><td>-8,604</td><td>20....</td><td>32,653</td><td>35,895</td><td>-3,242</td><td>18....</td><td>16,146</td><td>18,811</td><td>-2,665</td></tr><tr><td>28....</td><td>43,143</td><td>54,898</td><td>-11,755</td><td>27....</td><td>36,049</td><td>43,931</td><td>-7,882</td><td>25....</td><td>17,269</td><td>28,434</td><td>-11,165</td></tr><tr><td>May 5....</td><td>44,852</td><td>67,685</td><td>-22,833</td><td>Aug. 3....</td><td>20,541</td><td>27,220</td><td>-6,679</td><td>Nov. 1....</td><td>17,198</td><td>24,066</td><td>-6,868</td></tr><tr><td>12....</td><td>34,423</td><td>25,111</td><td>9,312</td><td>10....</td><td>18,739</td><td>24,969</td><td>-6,230</td><td>8....</td><td>13,059</td><td>20,862</td><td>-7,803</td></tr><tr><td>19....</td><td>26,800</td><td>32,184</td><td>-5,384</td><td>17....</td><td>18,802</td><td>23,812</td><td>-5,010</td><td>15....</td><td>16,948</td><td>23,674</td><td>-6,726</td></tr><tr><td>26....</td><td>34,169</td><td>25,316</td><td>8,853</td><td>24....</td><td>11,570</td><td>14,965</td><td>-3,395</td><td>22....</td><td>13,093</td><td>15,140</td><td>-2,047</td></tr><tr><td>June 2....</td><td>18,912</td><td>14,271</td><td>4,641</td><td>31....</td><td>20,801</td><td>23,853</td><td>-3,052</td><td>29....</td><td>9,289</td><td>12,708</td><td>-3,419</td></tr><tr><td>9....</td><td>31,995</td><td>26,171</td><td>5,824</td><td>Sept. 7....</td><td>12,060</td><td>13,819</td><td>-1,759</td><td>Dec. 6....</td><td>10,297</td><td>15,064</td><td>-4,767</td></tr><tr><td>16....</td><td>32,783</td><td>26,962</td><td>5,821</td><td>14....</td><td>15,463</td><td>18,411</td><td>-2,948</td><td>13....</td><td>13,991</td><td>16,437</td><td>-2,446</td></tr><tr><td>23....</td><td>21,651</td><td>28,638</td><td>-6,987</td><td>21....</td><td>34,063</td><td>25,408</td><td>8,655</td><td>20....</td><td>13,662</td><td>13,382</td><td>280</td></tr><tr><td>30....</td><td>26,474</td><td>19,865</td><td>6,609</td><td>28....</td><td>20,902</td><td>24,745</td><td>-3,843</td><td>27....</td><td>10,528</td><td>8,782</td><td>1,746</td></tr><tr><td>July 7....</td><td>16,717</td><td>20,597</td><td>-3,880</td><td>Oot. 5....</td><td>43,286</td><td>26,139</td><td>17,147</td><td>1940-Jan. 3....</td><td>11,269</td><td>7,169</td><td>-4,100</td></tr><tr><td>14....</td><td>41,309</td><td>33,482</td><td>7,827</td><td>12....</td><td>48,449</td><td>29,888</td><td>18,561</td><td>10....</td><td>11,158</td><td>11,498</td><td>-340</td></tr><tr><td>21....</td><td>34,326</td><td>31,427</td><td>2,899</td><td>19....</td><td>46,441</td><td>37,402</td><td>9,039</td><td>17....</td><td>15,309</td><td>16,988</td><td>-1,679</td></tr><tr><td>28....</td><td>48,503</td><td>33,337</td><td>15,166</td><td>26....</td><td>45,044</td><td>33,412</td><td>12,232</td><td>24....</td><td>9,969</td><td>11,565</td><td>-1,596</td></tr><tr><td>Aug. 4....</td><td>32,886</td><td>25,129</td><td>7,757</td><td>Nov. 2....</td><td>41,470</td><td>33,198</td><td>8,272</td><td>31....</td><td>9,192</td><td>10,056</td><td>-864</td></tr><tr><td>11....</td><td>41,681</td><td>33,544</td><td>8,137</td><td>9....</td><td>25,338</td><td>23,665</td><td>1,673</td><td>Feb. 7....</td><td>9,307</td><td>10,094</td><td>-787</td></tr><tr><td>18....</td><td>28,433</td><td>27,762</td><td>671</td><td>16....</td><td>42,393</td><td>37,886</td><td>4,507</td><td>14....</td><td>11,506</td><td>11,024</td><td>482</td></tr><tr><td>25....</td><td>31,062</td><td>25,222</td><td>5,840</td><td>23....</td><td>33,318</td><td>31,704</td><td>1,614</td><td>21....</td><td>13,462</td><td>12,194</td><td>1,268</td></tr><tr><td>Sept. 1....</td><td>26,590</td><td>25,761</td><td>829</td><td>30....</td><td>19,846</td><td>23,886</td><td>-4,040</td><td>28....</td><td>14,835</td><td>11,919</td><td>2,916</td></tr><tr><td>8....</td><td>26,093</td><td>23,110</td><td>2,983</td><td>Dec. 7....</td><td>26,323</td><td>19,764</td><td>6,559</td><td>Mar. 6....</td><td>11,723</td><td>10,355</td><td>1,368</td></tr><tr><td>15....</td><td>57,789</td><td>45,416</td><td>12,373</td><td>14....</td><td>19,917</td><td>28,398</td><td>-8,481</td><td>13....</td><td>11,518</td><td>12,728</td><td>-1,210</td></tr><tr><td>22....</td><td>37,904</td><td>42,671</td><td>-4,767</td><td>21....</td><td>36,607</td><td>26,963</td><td>9,644</td><td>20....</td><td>11,217</td><td>12,777</td><td>-1,560</td></tr><tr><td>29....</td><td>38,753</td><td>39,000</td><td>-247</td><td>28....</td><td>22,343</td><td>13,624</td><td>8,719</td><td>27....</td><td>6,176</td><td>9,009</td><td>-2,833</td></tr><tr><td>Oct. 6....</td><td>22,337</td><td>24,753</td><td>-2,416</td><td>1939-Jan. 4....</td><td>25,529</td><td>24,960</td><td>569</td><td>Apr. 3....</td><td>12,778</td><td>15,770</td><td>-2,992</td></tr><tr><td>13....</td><td>24,008</td><td>36,652</td><td>-12,644</td><td>11....</td><td>30,039</td><td>28,178</td><td>1,861</td><td>10....</td><td>19,870</td><td>19,172</td><td>698</td></tr><tr><td>20....</td><td>37,540</td><td>41,240</td><td>-3,700</td><td>18....</td><td>21,367</td><td>29,874</td><td>-8,507</td><td>17....</td><td>16,998</td><td>14,067</td><td>2,931</td></tr><tr><td>27....</td><td>54,514</td><td>44,618</td><td>9,896</td><td>25....</td><td>20,784</td><td>37,180</td><td>-16,396</td><td>24....</td><td>16,284</td><td>17,826</td><td>-1,542</td></tr><tr><td>Nov. 3....</td><td>32,346</td><td>24,798</td><td>7,548</td><td>Feb. 1....</td><td>29,450</td><td>36,458</td><td>-7,008</td><td>May 1....</td><td>10,635</td><td>10,496</td><td>139</td></tr><tr><td>10....</td><td>26,527</td><td>30,716</td><td>-4,189</td><td>8....</td><td>28,615</td><td>23,014</td><td>5,601</td><td>8....</td><td>10,392</td><td>11,665</td><td>-1,273</td></tr><tr><td>17....</td><td>29,423</td><td>24,081</td><td>5,342</td><td>15....</td><td>17,529</td><td>15,519</td><td>2,010</td><td>15....</td><td>16,102</td><td>15,075</td><td>1,027</td></tr><tr><td>24....</td><td>26,339</td><td>29,814</td><td>-3,475</td><td>22....</td><td>16,502</td><td>14,868</td><td>1,634</td><td>22....</td><td>16,393</td><td>22,819</td><td>-6,426</td></tr><tr><td>Dec. 1....</td><td>26,062</td><td>19,104</td><td>6,958</td><td>Mar. 1....</td><td>22,205</td><td>20,272</td><td>1,933</td><td>29....</td><td>16,006</td><td>24,823</td><td>-8,817</td></tr><tr><td>8....</td><td>25,512</td><td>19,482</td><td>6,030</td><td>8....</td><td>22,675</td><td>25,232</td><td>-2,557</td><td>June 5....</td><td>18,498</td><td>5,928</td><td>12,570</td></tr><tr><td>15....</td><td>35,431</td><td>26,796</td><td>8,685</td><td>15....</td><td>26,725</td><td>27,207</td><td>-482</td><td>12....</td><td>9,678</td><td>6,598</td><td>3,080</td></tr><tr><td>22....</td><td>24,631</td><td>16,525</td><td>8,106</td><td>22....</td><td>24,587</td><td>39,669</td><td>-15,082</td><td>19....</td><td>9,996</td><td>12,611</td><td>-2,615</td></tr><tr><td>29....</td><td>20,602</td><td>9,888</td><td>10,714</td><td>29....</td><td>29,386</td><td>23,209</td><td>6,177</td><td>26....</td><td>5,034</td><td>7,148</td><td>-2,114</td></tr><tr><td>1938-Jan. 5....</td><td>17,083</td><td>15,195</td><td>1,888</td><td>Apr. 5....</td><td>36,475</td><td>25,365</td><td>11,110</td><td>July 3....</td><td>4,228</td><td>4,662</td><td>-434</td></tr><tr><td>12....</td><td>22,268</td><td>21,189</td><td>1,079</td><td>12....</td><td>19,977</td><td>17,962</td><td>2,015</td><td>10....</td><td>2,434</td><td>5,648</td><td>-3,214</td></tr><tr><td>19....</td><td>24,699</td><td>21,609</td><td>3,090</td><td>19....</td><td>21,239</td><td>20,677</td><td>562</td><td>17....</td><td>2,135</td><td>6,154</td><td>-4,019</td></tr><tr><td>26....</td><td>17,822</td><td>17,942</td><td>-120</td><td>26....</td><td>19,851</td><td>11,245</td><td>8,606</td><td>24....</td><td>7,908</td><td>6,892</td><td>1,016</td></tr><tr><td>Feb. 2....</td><td>20,255</td><td>18,017</td><td>2,238</td><td>May 3....</td><td>19,699</td><td>10,723</td><td>8,976</td><td>31....</td><td>3,826</td><td>7,391</td><td>-3,565</td></tr><tr><td>9....</td><td>13,626</td><td>18,587</td><td>-4,961</td><td>10....</td><td>13,402</td><td>15,120</td><td>-1,718</td><td>Aug. 7....</td><td>6,171</td><td>6,131</td><td>40</td></tr><tr><td>16....</td><td>10,704</td><td>15,302</td><td>-4,598</td><td>17....</td><td>13,630</td><td>12,008</td><td>1,622</td><td>14....</td><td>3,002</td><td>9,189</td><td>-6,187</td></tr><tr><td>23....</td><td>11,021</td><td>11,833</td><td>-812</td><td>24....</td><td>11,579</td><td>14,041</td><td>-2,462</td><td>21....</td><td>2,294</td><td>4,844</td><td>-2,550</td></tr><tr><td>Mar. 2....</td><td>20,043</td><td>29,772</td><td>-9,729</td><td>31....</td><td>15,115</td><td>15,265</td><td>-150</td><td>28....</td><td>2,244</td><td>4,249</td><td>-2,005</td></tr><tr><td>9....</td><td>12,462</td><td>11,806</td><td>656</td><td>June 7....</td><td>14,902</td><td>13,522</td><td>1,380</td><td>Sept. 4....</td><td>4,376</td><td>5,336</td><td>-960</td></tr><tr><td>16....</td><td>12,986</td><td>15,846</td><td>-2,860</td><td>14....</td><td>13,136</td><td>15,430</td><td>-2,294</td><td></td><td></td><td></td><td></td></tr><tr><td>23....</td><td>18,619</td><td>17,759</td><td>860</td><td>21....</td><td>13,162</td><td>15,837</td><td>-2,675</td><td></td><td></td><td></td><td></td></tr><tr><td>30....</td><td>19,355</td><td>17,704</td><td>1,651</td><td>28....</td><td>10,035</td><td>16,353</td><td>-6,318</td><td></td><td></td><td></td><td></td></tr></table>
1/ Includes transactions executed in the United States for foreign account, executed abroad for domestic account, and transactions in joint foreign arbitrage accounts as reported by banks, bankers, brokers, and dealers in the United States.
FOREIGN PURCHASES AND SALES OF U.S. DOMESTIC SECURITIES
WEEKLY
47
48
Purchases and Sales of Foreign Exchange, Spot and Forward, as Reported by Banks and Bankers in the United States for August 1940
(In thousands of dollars)
<table><tr><th>Transactions during week ended:</th><th>Grand total</th><th>United Kingdom</th><th>France</th><th>Belgium</th><th>Germany</th><th>Italy</th><th>Netherlands</th><th>Sweden</th><th>Switzerland</th><th>Other Europe</th><th>Total Europe</th><th>Canada</th><th>Latin America</th><th>Japan, Korea and Manchuria</th><th>Other Asia</th><th>Total Asia</th><th>All other</th></tr><tr><td><b>TOTAL PURCHASES:</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7 Spot.....</td><td>18,101</td><td>8,576</td><td>5</td><td>118</td><td>90</td><td>147</td><td>378</td><td>277</td><td>1,283</td><td>1,304</td><td>12,238</td><td>3,365</td><td>366</td><td>1,032</td><td>660</td><td>1,692</td><td>420</td></tr><tr><td>Aug. 7 Forward....</td><td>5,347</td><td>2,044</td><td>-</td><td>-</td><td>-</td><td>15</td><td>53</td><td>-</td><td>11</td><td>2</td><td>2,125</td><td>642</td><td>11</td><td>2,264</td><td>305</td><td>2,569</td><td>-</td></tr><tr><td>Aug. 14 Spot.....</td><td>18,376</td><td>10,237</td><td>28</td><td>2</td><td>233</td><td>156</td><td>566</td><td>153</td><td>1,506</td><td>231</td><td>13,112</td><td>2,577</td><td>366</td><td>1,223</td><td>766</td><td>1,989</td><td>330</td></tr><tr><td>Aug. 14 Forward....</td><td>4,981</td><td>4,101</td><td>-</td><td>42</td><td>-</td><td>3</td><td>86</td><td>-</td><td>4</td><td>-</td><td>4,236</td><td>224</td><td>-</td><td>330</td><td>191</td><td>521</td><td>-</td></tr><tr><td>Aug. 21 Spot.....</td><td>17,438</td><td>9,443</td><td>98</td><td>6</td><td>56</td><td>101</td><td>171</td><td>299</td><td>1,637</td><td>144</td><td>11,955</td><td>2,343</td><td>619</td><td>1,017</td><td>996</td><td>2,013</td><td>508</td></tr><tr><td>Aug. 21 Forward....</td><td>4,536</td><td>1,597</td><td>-</td><td>-</td><td>-</td><td>3</td><td>651</td><td>-</td><td>1</td><td>24</td><td>2,276</td><td>421</td><td>91</td><td>1,667</td><td>81</td><td>1,748</td><td>421</td></tr><tr><td>Aug. 28 Spot.....</td><td>14,274</td><td>6,681</td><td>193</td><td>-</td><td>49</td><td>92</td><td>718</td><td>220</td><td>1,386</td><td>179</td><td>9,518</td><td>2,692</td><td>236</td><td>526</td><td>851</td><td>1,407</td><td>421</td></tr><tr><td>Aug. 28 Forward....</td><td>7,066</td><td>5,431</td><td>7</td><td>-</td><td>2</td><td>-</td><td>52</td><td>-</td><td>90</td><td>-</td><td>5,582</td><td>1,040</td><td>201</td><td>149</td><td>94</td><td>243</td><td>-</td></tr><tr><td>Sept. 4 Spot.....</td><td>15,719</td><td>8,873</td><td>418</td><td>9</td><td>84</td><td>140</td><td>306</td><td>286</td><td>1,239</td><td>183</td><td>11,538</td><td>2,160</td><td>191</td><td>887</td><td>578</td><td>1,465</td><td>356</td></tr><tr><td>Sept. 4 Forward....</td><td>4,187</td><td>3,618</td><td>1</td><td>-</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>3,620</td><td>168</td><td>18</td><td>131</td><td>250</td><td>381</td><td>-</td></tr><tr><td><b>Purchases from banks:</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7 Spot.....</td><td>13,434</td><td>5,793</td><td>5</td><td>76</td><td>55</td><td>98</td><td>316</td><td>93</td><td>1,255</td><td>1,313</td><td>9,004</td><td>2,524</td><td>257</td><td>931</td><td>634</td><td>1,565</td><td>84</td></tr><tr><td>Aug. 7 Forward....</td><td>3,991</td><td>1,262</td><td>-</td><td>-</td><td>-</td><td>15</td><td>-</td><td>-</td><td>-</td><td>2</td><td>1,279</td><td>313</td><td>11</td><td>2,096</td><td>292</td><td>2,388</td><td>-</td></tr><tr><td>Aug. 14 Spot.....</td><td>13,055</td><td>7,267</td><td>6</td><td>1</td><td>218</td><td>116</td><td>231</td><td>83</td><td>1,387</td><td>181</td><td>9,490</td><td>1,475</td><td>289</td><td>1,046</td><td>717</td><td>1,763</td><td>38</td></tr><tr><td>Aug. 14 Forward....</td><td>3,757</td><td>3,079</td><td>-</td><td>42</td><td>-</td><td>3</td><td>34</td><td>-</td><td>-</td><td>-</td><td>3,158</td><td>199</td><td>-</td><td>209</td><td>191</td><td>400</td><td>-</td></tr><tr><td>Aug. 21 Spot.....</td><td>13,042</td><td>6,760</td><td>15</td><td>-</td><td>44</td><td>66</td><td>163</td><td>293</td><td>1,586</td><td>118</td><td>9,045</td><td>1,701</td><td>551</td><td>777</td><td>939</td><td>1,716</td><td>29</td></tr><tr><td>Aug. 21 Forward....</td><td>3,886</td><td>1,810</td><td>-</td><td>-</td><td>-</td><td>3</td><td>651</td><td>-</td><td>-</td><td>24</td><td>2,088</td><td>195</td><td>-</td><td>1,547</td><td>56</td><td>1,603</td><td>-</td></tr><tr><td>Aug. 28 Spot.....</td><td>9,673</td><td>4,273</td><td>116</td><td>-</td><td>40</td><td>67</td><td>423</td><td>203</td><td>1,360</td><td>152</td><td>6,634</td><td>1,672</td><td>189</td><td>319</td><td>829</td><td>1,148</td><td>30</td></tr><tr><td>Aug. 28 Forward....</td><td>5,458</td><td>4,217</td><td>-</td><td>-</td><td>2</td><td>-</td><td>-</td><td>-</td><td>90</td><td>-</td><td>4,309</td><td>905</td><td>-</td><td>149</td><td>94</td><td>243</td><td>-</td></tr><tr><td>Sept. 4 Spot.....</td><td>11,091</td><td>6,351</td><td>136</td><td>-</td><td>64</td><td>96</td><td>305</td><td>163</td><td>1,185</td><td>179</td><td>8,479</td><td>1,307</td><td>159</td><td>663</td><td>446</td><td>1,114</td><td>32</td></tr><tr><td>Sept. 4 Forward....</td><td>2,974</td><td>2,647</td><td>1</td><td>-</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2,649</td><td>61</td><td>-</td><td>14</td><td>250</td><td>264</td><td>-</td></tr><tr><td><b>Purchases from customers other than banks:</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7 Spot.....</td><td>4,667</td><td>2,783</td><td>-</td><td>42</td><td>35</td><td>49</td><td>62</td><td>164</td><td>28</td><td>51</td><td>3,234</td><td>861</td><td>109</td><td>101</td><td>26</td><td>127</td><td>336</td></tr><tr><td>Aug. 7 Forward....</td><td>1,356</td><td>782</td><td>-</td><td>-</td><td>-</td><td>-</td><td>53</td><td>-</td><td>11</td><td>-</td><td>846</td><td>329</td><td>-</td><td>168</td><td>13</td><td>181</td><td>-</td></tr><tr><td>Aug. 14 Spot.....</td><td>5,321</td><td>2,970</td><td>22</td><td>1</td><td>15</td><td>40</td><td>335</td><td>70</td><td>119</td><td>50</td><td>3,622</td><td>1,102</td><td>79</td><td>177</td><td>49</td><td>226</td><td>292</td></tr><tr><td>Aug. 14 Forward....</td><td>1,224</td><td>1,022</td><td>-</td><td>-</td><td>-</td><td>-</td><td>52</td><td>-</td><td>4</td><td>-</td><td>1,078</td><td>25</td><td>-</td><td>121</td><td>-</td><td>121</td><td>-</td></tr><tr><td>Aug. 21 Spot.....</td><td>4,396</td><td>2,683</td><td>83</td><td>6</td><td>12</td><td>35</td><td>8</td><td>6</td><td>51</td><td>26</td><td>2,910</td><td>642</td><td>68</td><td>240</td><td>57</td><td>297</td><td>479</td></tr><tr><td>Aug. 21 Forward....</td><td>650</td><td>187</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1</td><td>-</td><td>188</td><td>226</td><td>91</td><td>120</td><td>25</td><td>145</td><td>-</td></tr><tr><td>Aug. 28 Spot.....</td><td>4,601</td><td>2,408</td><td>77</td><td>-</td><td>9</td><td>25</td><td>295</td><td>17</td><td>26</td><td>27</td><td>2,884</td><td>1,020</td><td>47</td><td>207</td><td>52</td><td>259</td><td>391</td></tr><tr><td>Aug. 28 Forward....</td><td>1,608</td><td>1,214</td><td>7</td><td>-</td><td>-</td><td>-</td><td>52</td><td>-</td><td>-</td><td>-</td><td>1,273</td><td>134</td><td>201</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Sept. 4 Spot.....</td><td>4,628</td><td>2,522</td><td>282</td><td>9</td><td>20</td><td>44</td><td>1</td><td>123</td><td>54</td><td>4</td><td>3,059</td><td>862</td><td>32</td><td>219</td><td>132</td><td>351</td><td>324</td></tr><tr><td>Sept. 4 Forward....</td><td>1,213</td><td>971</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>971</td><td>107</td><td>13</td><td>117</td><td>-</td><td>117</td><td>-</td></tr><tr><td><b>TOTAL SALES:</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7 Spot.....</td><td>19,584</td><td>9,384</td><td>49</td><td>59</td><td>209</td><td>134</td><td>364</td><td>111</td><td>1,249</td><td>1,380</td><td>12,939</td><td>3,382</td><td>358</td><td>1,938</td><td>645</td><td>2,583</td><td>292</td></tr><tr><td>Aug. 7 Forward....</td><td>4,814</td><td>2,055</td><td>-</td><td>-</td><td>-</td><td>30</td><td>-</td><td>-</td><td>10</td><td>-</td><td>2,095</td><td>768</td><td>-</td><td>1,711</td><td>240</td><td>1,951</td><td>-</td></tr><tr><td>Aug. 14 Spot.....</td><td>21,444</td><td>13,829</td><td>11</td><td>48</td><td>71</td><td>110</td><td>653</td><td>223</td><td>1,426</td><td>188</td><td>16,599</td><td>2,599</td><td>363</td><td>830</td><td>573</td><td>1,803</td><td>120</td></tr><tr><td>Aug. 14 Forward....</td><td>3,051</td><td>1,481</td><td>-</td><td>1</td><td>-</td><td>-</td><td>907</td><td>-</td><td>16</td><td>-</td><td>2,405</td><td>182</td><td>20</td><td>398</td><td>46</td><td>448</td><td>-</td></tr><tr><td>Aug. 21 Spot.....</td><td>17,092</td><td>8,973</td><td>27</td><td>11</td><td>69</td><td>103</td><td>315</td><td>323</td><td>1,607</td><td>134</td><td>11,562</td><td>2,152</td><td>636</td><td>1,613</td><td>711</td><td>2,324</td><td>418</td></tr><tr><td>Aug. 21 Forward....</td><td>3,185</td><td>1,194</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,194</td><td>470</td><td>91</td><td>1,042</td><td>388</td><td>1,430</td><td>-</td></tr><tr><td>Aug. 28 Spot.....</td><td>17,741</td><td>10,464</td><td>165</td><td>-</td><td>72</td><td>83</td><td>264</td><td>307</td><td>1,517</td><td>171</td><td>13,043</td><td>2,826</td><td>217</td><td>687</td><td>711</td><td>1,398</td><td>257</td></tr><tr><td>Aug. 28 Forward....</td><td>4,184</td><td>2,583</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>18</td><td>-</td><td>-</td><td>2,601</td><td>1,063</td><td>233</td><td>78</td><td>209</td><td>287</td><td>-</td></tr><tr><td>Sept. 4 Spot.....</td><td>16,332</td><td>9,980</td><td>295</td><td>6</td><td>77</td><td>133</td><td>127</td><td>108</td><td>1,044</td><td>144</td><td>11,914</td><td>2,279</td><td>273</td><td>770</td><td>856</td><td>1,626</td><td>240</td></tr><tr><td>Sept. 4 Forward....</td><td>1,991</td><td>1,392</td><td>-</td><td>-</td><td>1</td><td>-</td><td>15</td><td>14</td><td>6</td><td>-</td><td>1,428</td><td>103</td><td>15</td><td>400</td><td>45</td><td>445</td><td>-</td></tr><tr><td><b>Sales to banks:</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7 Spot.....</td><td>11,901</td><td>5,235</td><td>41</td><td>59</td><td>140</td><td>80</td><td>221</td><td>93</td><td>969</td><td>1,278</td><td>8,116</td><td>1,970</td><td>118</td><td>1,242</td><td>226</td><td>1,468</td><td>229</td></tr><tr><td>Aug. 7 Forward....</td><td>3,027</td><td>1,513</td><td>-</td><td>-</td><td>-</td><td>30</td><td>-</td><td>-</td><td>10</td><td>-</td><td>1,553</td><td>527</td><td>-</td><td>748</td><td>199</td><td>947</td><td>-</td></tr><tr><td>Aug. 14 Spot.....</td><td>10,552</td><td>7,006</td><td>4</td><td>42</td><td>25</td><td>58</td><td>84</td><td>151</td><td>800</td><td>133</td><td>8,303</td><td>1,439</td><td>180</td><td>235</td><td>321</td><td>556</td><td>74</td></tr><tr><td>Aug. 14 Forward....</td><td>2,419</td><td>1,190</td><td>-</td><td>1</td><td>-</td><td>-</td><td>595</td><td>-</td><td>16</td><td>-</td><td>1,802</td><td>161</td><td>20</td><td>390</td><td>26</td><td>416</td><td>-</td></tr><tr><td>Aug. 21 Spot.....</td><td>9,130</td><td>4,381</td><td>-</td><td>-</td><td>26</td><td>61</td><td>158</td><td>294</td><td>1,330</td><td>70</td><td>6,320</td><td>1,026</td><td>310</td><td>901</td><td>209</td><td>1,110</td><td>304</td></tr><tr><td>Aug. 21 Forward....</td><td>2,599</td><td>953</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>953</td><td>395</td><td>91</td><td>1,035</td><td>125</td><td>1,160</td><td>-</td></tr><tr><td>Aug. 28 Spot.....</td><td>8,711</td><td>4,912</td><td>8</td><td>-</td><td>22</td><td>43</td><td>201</td><td>228</td><td>733</td><td>88</td><td>6,235</td><td>1,938</td><td>101</td><td>136</td><td>113</td><td>249</td><td>188</td></tr><tr><td>Aug. 28 Forward....</td><td>3,209</td><td>2,122</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>18</td><td>-</td><td>-</td><td>2,140</td><td>733</td><td>233</td><td>71</td><td>32</td><td>103</td><td>-</td></tr><tr><td>Sept. 4 Spot.....</td><td>7,655</td><td>4,361</td><td>13</td><td>-</td><td>37</td><td>89</td><td>125</td><td>92</td><td>664</td><td>94</td><td>5,475</td><td>1,451</td><td>122</td><td>118</td><td>302</td><td>420</td><td>167</td></tr><tr><td>Sept. 4 Forward....</td><td>1,602</td><td>1,032</td><td>-</td><td>-</td><td>1</td><td>-</td><td>-</td><td>-</td><td>6</td><td>-</td><td>1,039</td><td>103</td><td>15</td><td>400</td><td>45</td><td>445</td><td>-</td></tr><tr><td><b>Sales to customers other than banks:</b></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7 Spot.....</td><td>7,683</td><td>4,149</td><td>8</td><td>-</td><td>69</td><td>54</td><td>143</td><td>18</td><td>280</td><td>102</td><td>4,823</td><td>1,412</td><td>270</td><td>696</td><td>419</td><td>1,115</td><td>63</td></tr><tr><td>Aug. 7 Forward....</td><td>1,787</td><td>542</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>542</td><td>241</td><td>-</td><td>963</td><td>41</td><td>1,004</td><td>-</td></tr><tr><td>Aug
49
Outstanding Forward Exchange Contracts as Reported by Banks and Bankers in the United States during August 1940
(in thousands of dollars)
<table><tr><th>Contracts as of following dates</th><th>Grand total</th><th>United Kingdom</th><th>France</th><th>Belgium</th><th>Germany</th><th>Italy</th><th>Nother-lande</th><th>Sweden</th><th>Switzerland</th><th>Other Europe</th><th>Total Europe</th><th>Canada</th><th>Latin Amer-ica</th><th>Japan, Korea and Manchuria</th><th>Other Asia</th><th>Total Asia</th><th>All other</th></tr><tr><td>TOTAL PURCHASE CONTRACTS:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>94,695</td><td>66,525</td><td>832</td><td>2,038</td><td>-</td><td>91</td><td>4,929</td><td>-</td><td>220</td><td>71</td><td>74,706</td><td>11,320</td><td>1,391</td><td>4,854</td><td>2,424</td><td>7,278</td><td>-</td></tr><tr><td>Aug. 14.</td><td>87,579</td><td>61,951</td><td>837</td><td>2,022</td><td>1</td><td>91</td><td>2,958</td><td>-</td><td>53</td><td>71</td><td>67,984</td><td>11,191</td><td>1,265</td><td>4,411</td><td>2,728</td><td>7,139</td><td>-</td></tr><tr><td>Aug. 21.</td><td>81,153</td><td>55,330</td><td>759</td><td>2,005</td><td>-</td><td>91</td><td>2,619</td><td>-</td><td>46</td><td>95</td><td>60,945</td><td>11,103</td><td>1,304</td><td>5,354</td><td>2,447</td><td>7,801</td><td>-</td></tr><tr><td>Aug. 28.</td><td>78,223</td><td>53,328</td><td>766</td><td>1,994</td><td>2</td><td>91</td><td>2,576</td><td>-</td><td>96</td><td>68</td><td>58,921</td><td>11,159</td><td>1,415</td><td>5,022</td><td>1,706</td><td>6,728</td><td>-</td></tr><tr><td>Sept. 4.</td><td>74,012</td><td>52,057</td><td>726</td><td>1,994</td><td>1</td><td>91</td><td>2,377</td><td>-</td><td>4</td><td>65</td><td>57,315</td><td>9,803</td><td>1,433</td><td>4,497</td><td>964</td><td>5,461</td><td>-</td></tr><tr><td>Contracts for purchases from foreign customers:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>31,472</td><td>19,492</td><td>509</td><td>1,487</td><td>-</td><td>2</td><td>1,029</td><td>-</td><td>31</td><td>-</td><td>22,550</td><td>6,396</td><td>871</td><td>471</td><td>1,164</td><td>1,655</td><td>-</td></tr><tr><td>Aug. 14.</td><td>30,379</td><td>15,163</td><td>517</td><td>1,513</td><td>1</td><td>2</td><td>913</td><td>-</td><td>34</td><td>-</td><td>21,203</td><td>6,366</td><td>844</td><td>448</td><td>1,518</td><td>1,966</td><td>-</td></tr><tr><td>Aug. 21.</td><td>27,861</td><td>16,430</td><td>446</td><td>1,529</td><td>-</td><td>-</td><td>757</td><td>-</td><td>32</td><td>-</td><td>19,194</td><td>6,167</td><td>844</td><td>442</td><td>1,214</td><td>1,656</td><td>-</td></tr><tr><td>Aug. 28.</td><td>28,074</td><td>17,153</td><td>442</td><td>1,529</td><td>-</td><td>2</td><td>663</td><td>-</td><td>6</td><td>-</td><td>19,795</td><td>5,639</td><td>844</td><td>466</td><td>1,330</td><td>1,795</td><td>-</td></tr><tr><td>Sept. 4.</td><td>26,038</td><td>16,040</td><td>442</td><td>1,529</td><td>-</td><td>2</td><td>663</td><td>-</td><td>1</td><td>-</td><td>18,677</td><td>5,472</td><td>844</td><td>348</td><td>697</td><td>1,045</td><td>-</td></tr><tr><td>Contracts for purchases from domestic customers:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>63,223</td><td>47,033</td><td>323</td><td>551</td><td>-</td><td>89</td><td>3,900</td><td>-</td><td>189</td><td>71</td><td>52,156</td><td>4,924</td><td>520</td><td>4,383</td><td>1,240</td><td>5,623</td><td>-</td></tr><tr><td>Aug. 14.</td><td>57,200</td><td>43,788</td><td>320</td><td>509</td><td>-</td><td>89</td><td>1,985</td><td>-</td><td>19</td><td>71</td><td>46,781</td><td>4,825</td><td>421</td><td>3,963</td><td>1,210</td><td>5,173</td><td>-</td></tr><tr><td>Aug. 21.</td><td>53,292</td><td>38,900</td><td>313</td><td>476</td><td>-</td><td>91</td><td>1,862</td><td>-</td><td>14</td><td>95</td><td>41,751</td><td>4,936</td><td>460</td><td>4,912</td><td>1,233</td><td>6,145</td><td>-</td></tr><tr><td>Aug. 28.</td><td>50,149</td><td>36,175</td><td>324</td><td>465</td><td>2</td><td>89</td><td>1,913</td><td>-</td><td>90</td><td>68</td><td>39,126</td><td>5,520</td><td>571</td><td>4,556</td><td>376</td><td>4,932</td><td>-</td></tr><tr><td>Sept. 4.</td><td>47,974</td><td>36,017</td><td>284</td><td>465</td><td>1</td><td>89</td><td>1,714</td><td>-</td><td>3</td><td>85</td><td>38,638</td><td>4,331</td><td>589</td><td>4,149</td><td>267</td><td>4,416</td><td>-</td></tr><tr><td>TOTAL SALES CONTRACTS:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>100,409</td><td>68,156</td><td>483</td><td>2,263</td><td>-</td><td>131</td><td>6,942</td><td>46</td><td>333</td><td>13</td><td>78,367</td><td>10,944</td><td>1,776</td><td>7,430</td><td>1,892</td><td>9,322</td><td>-</td></tr><tr><td>Aug. 14.</td><td>92,003</td><td>62,138</td><td>489</td><td>2,247</td><td>-</td><td>131</td><td>5,306</td><td>46</td><td>72</td><td>18</td><td>70,443</td><td>10,538</td><td>1,662</td><td>7,415</td><td>1,945</td><td>9,360</td><td>-</td></tr><tr><td>Aug. 21.</td><td>82,320</td><td>53,182</td><td>445</td><td>2,263</td><td>-</td><td>131</td><td>4,417</td><td>46</td><td>61</td><td>13</td><td>60,558</td><td>10,442</td><td>1,769</td><td>7,875</td><td>1,676</td><td>9,551</td><td>-</td></tr><tr><td>Aug. 28.</td><td>78,732</td><td>50,791</td><td>422</td><td>2,263</td><td>-</td><td>130</td><td>4,116</td><td>84</td><td>17</td><td>14</td><td>57,817</td><td>10,501</td><td>1,682</td><td>7,698</td><td>1,034</td><td>8,732</td><td>-</td></tr><tr><td>Sept. 4.</td><td>72,674</td><td>46,288</td><td>389</td><td>2,263</td><td>1</td><td>137</td><td>3,725</td><td>84</td><td>22</td><td>10</td><td>52,899</td><td>9,595</td><td>1,695</td><td>7,596</td><td>889</td><td>8,485</td><td>-</td></tr><tr><td>Contracts for sale to foreign customers:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>31,572</td><td>19,712</td><td>20</td><td>2,028</td><td>-</td><td>-</td><td>2,593</td><td>45</td><td>121</td><td>-</td><td>24,519</td><td>2,174</td><td>1,498</td><td>2,672</td><td>708</td><td>3,380</td><td>-</td></tr><tr><td>Aug. 14.</td><td>29,509</td><td>18,709</td><td>20</td><td>2,029</td><td>-</td><td>-</td><td>1,849</td><td>45</td><td>26</td><td>-</td><td>22,678</td><td>2,209</td><td>1,425</td><td>2,872</td><td>721</td><td>3,593</td><td>-</td></tr><tr><td>Aug. 21.</td><td>25,266</td><td>17,682</td><td>20</td><td>2,029</td><td>-</td><td>-</td><td>1,342</td><td>45</td><td>16</td><td>-</td><td>21,134</td><td>2,155</td><td>1,532</td><td>71</td><td>374</td><td>445</td><td>-</td></tr><tr><td>Aug. 28.</td><td>26,268</td><td>16,062</td><td>-</td><td>2,029</td><td>-</td><td>-</td><td>1,263</td><td>63</td><td>16</td><td>-</td><td>19,433</td><td>2,153</td><td>1,448</td><td>2,876</td><td>358</td><td>3,234</td><td>-</td></tr><tr><td>Sept. 4.</td><td>25,177</td><td>15,330</td><td>-</td><td>2,029</td><td>-</td><td>-</td><td>970</td><td>63</td><td>22</td><td>-</td><td>18,414</td><td>2,151</td><td>1,458</td><td>2,928</td><td>226</td><td>3,154</td><td>-</td></tr><tr><td>Contracts for sale to domestic customers:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug. 7.</td><td>68,838</td><td>48,444</td><td>463</td><td>235</td><td>-</td><td>131</td><td>4,349</td><td>1</td><td>212</td><td>13</td><td>53,848</td><td>8,770</td><td>278</td><td>4,758</td><td>1,184</td><td>5,942</td><td>-</td></tr><tr><td>Aug. 14.</td><td>62,098</td><td>43,429</td><td>469</td><td>218</td><td>-</td><td>131</td><td>3,457</td><td>1</td><td>46</td><td>14</td><td>47,765</td><td>8,329</td><td>237</td><td>4,543</td><td>1,224</td><td>5,767</td><td>-</td></tr><tr><td>Aug. 21.</td><td>57,054</td><td>35,500</td><td>425</td><td>234</td><td>-</td><td>131</td><td>3,075</td><td>1</td><td>45</td><td>13</td><td>39,424</td><td>8,287</td><td>237</td><td>7,804</td><td>1,302</td><td>9,106</td><td>-</td></tr><tr><td>Aug. 28.</td><td>52,464</td><td>34,729</td><td>422</td><td>234</td><td>-</td><td>130</td><td>2,853</td><td>1</td><td>1</td><td>14</td><td>38,384</td><td>8,348</td><td>234</td><td>4,822</td><td>676</td><td>5,498</td><td>-</td></tr><tr><td>Sept. 4.</td><td>47,497</td><td>30,958</td><td>389</td><td>234</td><td>1</td><td>137</td><td>2,755</td><td>1</td><td>-</td><td>10</td><td>34,885</td><td>7,444</td><td>237</td><td>4,668</td><td>663</td><td>5,331</td><td>-</td></tr></table>
Net Position in Foreign Currencies of Reporting Banks and Bankers in the United States for August 1940
(In thousands of dollars)
<table><tr><th>Position as of following dates</th><th>Grand total</th><th>United Kingdom</th><th>France</th><th>Belgium</th><th>Germany</th><th>Italy</th><th>Nether-lande</th><th>Sweden</th><th>Switzerland</th><th>Other Europe</th><th>Total Europe</th><th>Canada</th><th>Latin America</th><th>Japan, Korea and Manchurie</th><th>Other Asia</th><th>Total Asia</th><th>All other</th></tr><tr><td>Aug. 7.</td><td>-13,355</td><td>-1,796</td><td>-485</td><td>-1,497</td><td>-152</td><td>-338</td><td>-3,344</td><td>-333</td><td>-143</td><td>-776</td><td>-8,804</td><td>679</td><td>-269</td><td>-4,037</td><td>-866</td><td>-4,903</td><td>2</td></tr><tr><td>Aug. 14.</td><td>-13,628</td><td>-2,793</td><td>-468</td><td>-1,408</td><td>11</td><td>-288</td><td>-3,403</td><td>-405</td><td>-75</td><td>-710</td><td>-9,539</td><td>705</td><td>-275</td><td>-3,699</td><td>-914</td><td>-4,613</td><td>94</td></tr><tr><td>Aug. 21.</td><td>-11,806</td><td>-1,679</td><td>-397</td><td>-1,411</td><td>-1</td><td>-283</td><td>-2,568</td><td>-429</td><td>-56</td><td>-671</td><td>-7,495</td><td>599</td><td>-296</td><td>-3,683</td><td>-934</td><td>-4,617</td><td>3</td></tr><tr><td>Aug. 28.</td><td>-12,415</td><td>-2,470</td><td>-358</td><td>-1,411</td><td>-18</td><td>-278</td><td>-2,065</td><td>-531</td><td>-93</td><td>-604</td><td>-7,688</td><td>488</td><td>-310</td><td>-3,792</td><td>-910</td><td>-4,702</td><td>-1</td></tr><tr><td>Sept. 4.</td><td>-11,006</td><td>-1,432</td><td>-218</td><td>-1,408</td><td>-11</td><td>-269</td><td>-1,643</td><td>-365</td><td>91</td><td>-625</td><td>-6,080</td><td>406</td><td>-389</td><td>-3,963</td><td>-976</td><td>-4,939</td><td>-1</td></tr></table>
OTHER MONETARY STATISTICS
- 50 -
51
Gold Assets and Liabilities of the Treasury
(In millions of dollars)
<table><tr><th>End of calendar year or month</th><th>Gold Assets</th><th>Gold Certificates 1/</th><th>Gold Reserve against U. S. notes, etc. 2/</th><th>Stabilisation Fund 3/</th><th>Gold in General Fund</th></tr><tr><td>1934</td><td>8,235.6</td><td>5,274.0</td><td>156.0</td><td>1,800.0</td><td>1,008.6</td></tr><tr><td>1935</td><td>10,122.9</td><td>7,679.5</td><td>156.0</td><td>1,800.0</td><td>487.4</td></tr><tr><td>1936</td><td>11,257.6</td><td>8,959.6</td><td>156.0</td><td>1,800.0</td><td>341.9</td></tr><tr><td>1937</td><td>12,760.0</td><td>9,212.3</td><td>156.0</td><td>1,800.0</td><td>1,591.6</td></tr><tr><td>1938</td><td>14,511.2</td><td>11,872.8</td><td>156.0</td><td>1,800.0</td><td>682.4</td></tr><tr><td>1939</td><td>17,643.4</td><td>15,278.6</td><td>156.0</td><td>1,800.0</td><td>408.9</td></tr><tr><td>1939-Oct.</td><td>17,091.1</td><td>14,908.4</td><td>156.0</td><td>1,800.0</td><td>226.7</td></tr><tr><td>Nov.</td><td>17,358.3</td><td>15,045.9</td><td>156.0</td><td>1,800.0</td><td>356.4</td></tr><tr><td>Dec.</td><td>17,643.4</td><td>15,278.6</td><td>156.0</td><td>1,800.0</td><td>408.9</td></tr><tr><td>1940-Jan.</td><td>17,931.0</td><td>15,630.6</td><td>156.0</td><td>1,800.0</td><td>344.4</td></tr><tr><td>Feb.</td><td>18,177.5</td><td>15,881.5</td><td>156.0</td><td>1,800.0</td><td>340.0</td></tr><tr><td>Mar.</td><td>18,432.8</td><td>16,143.8</td><td>156.0</td><td>1,800.0</td><td>333.0</td></tr><tr><td>Apr.</td><td>18,769.9</td><td>16,495.2</td><td>156.0</td><td>1,800.0</td><td>318.7</td></tr><tr><td>May</td><td>19,208.9</td><td>17,061.6</td><td>156.0</td><td>1,800.0</td><td>191.3</td></tr><tr><td>June</td><td>19,963.1</td><td>17,821.2</td><td>156.0</td><td>1,800.0</td><td>185.9</td></tr><tr><td>July</td><td>20,461.8</td><td>18,268.3</td><td>156.0</td><td>1,800.0</td><td>237.5</td></tr><tr><td>Aug.</td><td>20,912.7</td><td>18,683.8</td><td>156.0</td><td>1,800.0</td><td>272.9</td></tr><tr><td>Sept.</td><td>21,244.4</td><td>19,005.9</td><td>156.0</td><td>1,800.0</td><td>282.4</td></tr><tr><td>Oct.</td><td>21,505.5</td><td>19,354.6</td><td>156.0</td><td>1,800.0</td><td>194.8</td></tr></table>
Source: Daily Treasury Statements. 
1/ Comprises (1) gold certificates held by the public and in Federal Reserve Banks; and (2) gold certificate credits in the Gold Certificate Fund — Board of Governors, Federal Reserve System, and in the Redemption Fund — Federal Reserve notes. 
2/ Reserve against United States notes and Treasury notes of 1890. 
3/ Excludes gold in active portion of Stabilization Fund.
Net Movement of Gold to and from the United States
(In millions of dollars at $35 per fine ounce)
<table><tr><th>Calendar year or month</th><th>United Kingdom</th><th>France</th><th>Nether- lands</th><th>Swit- zerland</th><th>Canada</th><th>Mexico</th><th>Japan</th><th>Bel- gium</th></tr><tr><td>1934</td><td>499.9</td><td>260.2</td><td>94.3</td><td>12.4</td><td>86.8</td><td>30.3</td><td>-</td><td>8.9</td></tr><tr><td>1935</td><td>315.7</td><td>934.2</td><td>227.2</td><td>1.0</td><td>95.2</td><td>13.7</td><td>-</td><td>-</td></tr><tr><td>1936</td><td>174.1</td><td>573.7</td><td>71.0</td><td>7.5</td><td>72.6</td><td>40.0</td><td>-</td><td>3.4</td></tr><tr><td>1937</td><td>891.5</td><td>-13.7</td><td>6.5</td><td>54.5</td><td>111.5</td><td>38.5</td><td>246.5</td><td>90.9</td></tr><tr><td>1938</td><td>1,208.7</td><td>81.1</td><td>163.0</td><td>1.4</td><td>76.3</td><td>36.5</td><td>168.7</td><td>15.5</td></tr><tr><td>1939</td><td>1,626.4</td><td>3.8</td><td>341.6</td><td>87.0</td><td>613.0</td><td>33.6</td><td>165.6</td><td>165.2</td></tr><tr><td>1939-Oct.</td><td>10.2</td><td>-</td><td>3.0</td><td>-</td><td>9.9</td><td>1.8</td><td>12.5</td><td>-</td></tr><tr><td>Nov.</td><td>18.6</td><td>-</td><td>8.8</td><td>3.0</td><td>65.1</td><td>3.4</td><td>9.5</td><td>-</td></tr><tr><td>Dec.</td><td>10.4</td><td>-</td><td>31.5</td><td>5.1</td><td>308.8</td><td>4.0</td><td>20.1</td><td>-</td></tr><tr><td>1940-Jan.</td><td>23.9</td><td>-</td><td>30.4</td><td>1.2</td><td>52.7</td><td>2.6</td><td>37.7</td><td>-</td></tr><tr><td>Feb.</td><td>21.3</td><td>-</td><td>16.2</td><td>13.9</td><td>46.9</td><td>2.0</td><td>4.9</td><td>1.0</td></tr><tr><td>Mar.</td><td>35.3</td><td>-</td><td>-3</td><td>28.9</td><td>249.9</td><td>2.2</td><td>5.8</td><td>-</td></tr><tr><td>Apr.</td><td>43.6</td><td>-</td><td>3.3</td><td>32.6</td><td>55.0</td><td>2.4</td><td>4.7</td><td>-</td></tr><tr><td>May</td><td>62.0</td><td>-</td><td>9.4</td><td>11.5</td><td>281.2</td><td>2.3</td><td>4.7</td><td>-</td></tr><tr><td>June.</td><td>128.0</td><td>241.6</td><td>3.7</td><td>2.1</td><td>716.7</td><td>4.2</td><td>3.4</td><td>-</td></tr><tr><td>July.</td><td>301.7</td><td>-</td><td>-</td><td>-</td><td>172.3</td><td>1.9</td><td>-</td><td>-</td></tr><tr><td>Aug.</td><td>10.8</td><td>-</td><td>-</td><td>-</td><td>264.3</td><td>10.3</td><td>-</td><td>-</td></tr><tr><td>Sept.</td><td>3.7</td><td>-</td><td>-</td><td>-</td><td>217.6</td><td>.5</td><td>13.2</td><td>-</td></tr><tr><td>Oct.</td><td>1.7</td><td>-</td><td>-</td><td>-</td><td>222.7</td><td>.5</td><td>11.8</td><td>-</td></tr></table>
<table><tr><th>Calendar year or month</th><th>British India</th><th>Australia</th><th>Philippine Islands</th><th>Colombia</th><th>Chile</th><th>Peru</th><th>China 1/</th><th>All other</th><th>Total net imports or net exports (-)</th></tr><tr><td>1934</td><td>76.8</td><td>1.0</td><td>12.0</td><td>16.9</td><td>5.5</td><td>1.4</td><td>16.5</td><td>9.1</td><td>1,132.0</td></tr><tr><td>1935</td><td>75.3</td><td>3.5</td><td>15.3</td><td>10.9</td><td>6.6</td><td>.3</td><td>9.4</td><td>30.7</td><td>1,739.0</td></tr><tr><td>1936</td><td>77.9</td><td>23.3</td><td>21.5</td><td>11.9</td><td>7.9</td><td>4.1</td><td>7.9</td><td>19.8</td><td>1,116.6</td></tr><tr><td>1937</td><td>50.8</td><td>34.7</td><td>25.4</td><td>18.4</td><td>9.4</td><td>3.1</td><td>1.6</td><td>15.9</td><td>1,585.5</td></tr><tr><td>1938</td><td>16.2</td><td>39.2</td><td>27.9</td><td>10.6</td><td>8.4</td><td>4.0</td><td>11.7</td><td>104.4</td><td>1,973.6</td></tr><tr><td>1939</td><td>53.3</td><td>74.3</td><td>35.6</td><td>23.2</td><td>10.1</td><td>5.3</td><td>28.1</td><td>108.1</td><td>3,574.2</td></tr><tr><td>1939-Oct.</td><td>2.7</td><td>8.4</td><td>3.2</td><td>-</td><td>1.0</td><td>.8</td><td>4.1</td><td>12.1</td><td>69.7</td></tr><tr><td>Nov.</td><td>10.1</td><td>12.5</td><td>2.6</td><td>2.1</td><td>.7</td><td>.2</td><td>4.6</td><td>26.8</td><td>168.0</td></tr><tr><td>Dec.</td><td>7.6</td><td>6.5</td><td>2.6</td><td>2.1</td><td>1.2</td><td>.4</td><td>3.0</td><td>47.9</td><td>451.2</td></tr><tr><td>1940-Jan.</td><td>9.7</td><td>6.2</td><td>3.4</td><td>-</td><td>1.3</td><td>.4</td><td>5.5</td><td>61.4</td><td>236.4</td></tr><tr><td>Feb.</td><td>6.7</td><td>4.2</td><td>1.9</td><td>-</td><td>.7</td><td>1.5</td><td>1.0</td><td>79.2</td><td>201.4</td></tr><tr><td>Mar.</td><td>11.8</td><td>7.4</td><td>4.1</td><td>2.1</td><td>.7</td><td>.4</td><td>3.1</td><td>107.8</td><td>459.8</td></tr><tr><td>Apr.</td><td>3.1</td><td>3.4</td><td>3.4</td><td>2.1</td><td>1.2</td><td>.5</td><td>1.7</td><td>92.9</td><td>249.9</td></tr><tr><td>May.</td><td>4.3</td><td>5.2</td><td>2.4</td><td>2.1</td><td>1.2</td><td>1.5</td><td>4.0</td><td>43.3</td><td>435.1</td></tr><tr><td>June.</td><td>2.4</td><td>6.6</td><td>3.9</td><td>2.1</td><td>.3</td><td>.6</td><td>1.5</td><td>45.9</td><td>1,163.0</td></tr><tr><td>July.</td><td>-</td><td>5.3</td><td>2.8</td><td>5.9</td><td>.8</td><td>1.5</td><td>1.6</td><td>26.2</td><td>520.0</td></tr><tr><td>Aug.</td><td>1.0</td><td>6.7</td><td>3.7</td><td>4.5</td><td>.9</td><td>.5</td><td>3.8</td><td>45.1</td><td>351.6</td></tr><tr><td>Sept.</td><td>.5</td><td>14.6</td><td>3.8</td><td>2.3</td><td>1.1</td><td>1.1</td><td>2.7</td><td>73.0</td><td>334.1</td></tr><tr><td>Oct.</td><td>.8</td><td>14.8</td><td>2.7</td><td>-</td><td>.4</td><td>.5</td><td>.6</td><td>69.5</td><td>326.0</td></tr></table>
Source: U. S. Department of Commerce
1/ includes Hong Kong.
MONETARY STOCKS OF GOLD AND SILVER IN U.S.
Gold per Ounce $35.00; Silver per Ounce $1.29
52
53
Monetary Stocks of Gold and Silver
(In millions of dollars)
<table><tr><th>End of fiscal year or month</th><th>Gold ($35 per fine ounce)</th><th>Silver ($1.29+ per fine ounce)</th><th>Ratio of silver to gold and silver in monetary stocks</th></tr><tr><td>1938</td><td>7,856.2</td><td>898.2</td><td>10.3</td></tr><tr><td>1935</td><td>9,115.6</td><td>1,463.1</td><td>13.8</td></tr><tr><td>1936</td><td>10,508.4</td><td>2,249.5</td><td>17.5</td></tr><tr><td>1937</td><td>12,318.3</td><td>2,542.1</td><td>17.2</td></tr><tr><td>1938</td><td>12,963.0</td><td>3,066.4</td><td>19.1</td></tr><tr><td>1939</td><td>16,110.1</td><td>3,605.2</td><td>18.3</td></tr><tr><td>1940</td><td>19,963.1</td><td>3,939.6</td><td>16.5</td></tr><tr><td>1939-Oct.</td><td>17,091.4</td><td>3,733.7</td><td>17.9</td></tr><tr><td>Nov.</td><td>17,358.5</td><td>3,762.0</td><td>17.5</td></tr><tr><td>Dec.</td><td>17,643.6</td><td>3,790.2</td><td>17.7</td></tr><tr><td>1940-Jan.</td><td>17,931.0</td><td>3,817.6</td><td>17.6</td></tr><tr><td>Feb.</td><td>18,177.0</td><td>3,850.7</td><td>17.5</td></tr><tr><td>Mar.</td><td>18,433.1</td><td>3,873.1</td><td>17.4</td></tr><tr><td>Apr.</td><td>18,769.9</td><td>3,901.5</td><td>17.2</td></tr><tr><td>May.</td><td>19,208.9</td><td>3,924.6</td><td>17.0</td></tr><tr><td>June.</td><td>19,963.1</td><td>3,939.6</td><td>16.5</td></tr><tr><td>July</td><td>20,462.5</td><td>3,963.7</td><td>16.2</td></tr><tr><td>Aug.</td><td>20,912.8</td><td>3,982.6</td><td>16.0</td></tr><tr><td>Sept.</td><td>21,244.4</td><td>4,002.2</td><td>15.9</td></tr><tr><td>Oct.</td><td>21,505.5 p</td><td>4,015.4 p</td><td>15.7 p</td></tr></table>
Source: Daily Treasury Statement and Circulation Statement of United States Money. p. Preliminary.
Components of Silver Monetary Stock
(In millions of dollars)
<table><tr><th rowspan="2">End of calendar year or month</th><th colspan="4">Silver held in Treasury</th><th colspan="2">Silver outside Treasury</th><th rowspan="2">Total silver at $1.29 per ounce</th></tr><tr><th colspan="2">Securing silver certificates 1/</th><th colspan="2">In General Fund</th><th colspan="2"></th></tr><tr><th></th><th>Silver bullion</th><th>Silver dollars</th><th>Subsidiary coin 2/</th><th>Bullion for recoinage 2/</th><th>Bullion at cost</th><th>Silver dollars 1/</th><th>Subsidiary coin 2/</th></tr><tr><td>1934</td><td>211.6</td><td>508.4</td><td>4.2</td><td>8.8</td><td>89.3</td><td>35.2</td><td>305.3</td><td>1,279.7</td></tr><tr><td>1935</td><td>576.9</td><td>508.7</td><td>4.2</td><td>.2</td><td>262.7</td><td>38.4</td><td>323.5</td><td>1,970.1</td></tr><tr><td>1936</td><td>775.9</td><td>505.7</td><td>5.7</td><td>.3</td><td>347.7</td><td>41.3</td><td>350.4</td><td>2,402.3</td></tr><tr><td>1937</td><td>938.8</td><td>503.7</td><td>5.4</td><td>-</td><td>428.6</td><td>43.3</td><td>366.9</td><td>2,806.5</td></tr><tr><td>1938</td><td>1,137.6</td><td>502.7</td><td>3.5</td><td>.2</td><td>535.3</td><td>44.4</td><td>372.8</td><td>3,346.2</td></tr><tr><td>1939</td><td>1,298.2</td><td>499.0</td><td>5.3</td><td>-</td><td>616.0</td><td>48.1</td><td>394.1</td><td>3,790.2</td></tr><tr><td>1939-Oct.</td><td>1,277.8</td><td>500.7</td><td>4.8</td><td>.1</td><td>608.1</td><td>46.4</td><td>384.8</td><td>3,733.7</td></tr><tr><td>Nov.</td><td>1,287.6</td><td>500.1</td><td>4.9</td><td>.1</td><td>612.4</td><td>46.9</td><td>389.5</td><td>3,762.0</td></tr><tr><td>Dec.</td><td>1,298.2</td><td>499.0</td><td>5.3</td><td>-</td><td>616.0</td><td>48.1</td><td>394.1</td><td>3,790.2</td></tr><tr><td>1940-Jan.</td><td>1,308.3</td><td>499.0</td><td>6.6</td><td>.1</td><td>621.8</td><td>48.0</td><td>393.5</td><td>3,817.6</td></tr><tr><td>Feb.</td><td>1,318.8</td><td>498.9</td><td>7.7</td><td>.2</td><td>627.9</td><td>48.2</td><td>393.2</td><td>3,850.7</td></tr><tr><td>Mar.</td><td>1,329.2</td><td>498.7</td><td>7.2</td><td>.5</td><td>631.6</td><td>48.4</td><td>393.5</td><td>3,873.1</td></tr><tr><td>Apr.</td><td>1,339.2</td><td>498.7</td><td>6.7</td><td>.7</td><td>636.8</td><td>48.4</td><td>393.8</td><td>3,901.6</td></tr><tr><td>May</td><td>1,347.2</td><td>498.3</td><td>5.6</td><td>.5</td><td>640.8</td><td>48.8</td><td>396.0</td><td>3,924.6</td></tr><tr><td>June</td><td>1,353.2</td><td>498.1</td><td>3.6</td><td>.8</td><td>643.3</td><td>49.0</td><td>398.6</td><td>3,939.6</td></tr><tr><td>July</td><td>1,361.6</td><td>497.9</td><td>2.8</td><td>.3</td><td>647.5</td><td>49.2</td><td>401.0</td><td>3,963.7</td></tr><tr><td>Aug.</td><td>1,368.3</td><td>497.5</td><td>6.4</td><td>-</td><td>648.8</td><td>49.5</td><td>402.6</td><td>3,982.6</td></tr><tr><td>Sept.</td><td>1,373.4</td><td>497.1</td><td>4.4</td><td>-</td><td>652.4</td><td>50.0</td><td>406.6</td><td>4,002.2</td></tr><tr><td>Oct. p</td><td>1,383.6</td><td>496.5</td><td>4.0</td><td>.1</td><td>653.9</td><td>50.0</td><td>406.6</td><td>4,015.4</td></tr></table>
Source: Daily Treasury Statement and Circulation Statement of United States Money. 1/2 Valued at $1.29+ per ounce. 1/2 p Valued at $1.38+ per ounce. Preliminary.
Silver of Specified Classifications Acquired by Mints and Assay Offices
(in millions of ounces or dollars)
<table><tr><th>Calendar year or month</th><th colspan="2">Newly mined domestic 1/</th><th colspan="2">National-ised 2/</th><th colspan="2">Foreign 3/</th><th colspan="2">Total</th></tr><tr><th></th><th>Own- cee</th><th>Dol- lare</th><th>Own- cee</th><th>Dol- lare</th><th>Own- cee</th><th>Dol- lare</th><th>Own- cee</th><th>Dol- lare</th></tr><tr><td>1934......</td><td>21.8</td><td>14.1</td><td>110.6</td><td>55.3</td><td>172.5</td><td>86.5</td><td>304.9</td><td>155.9</td></tr><tr><td>1935......</td><td>38.0</td><td>27.3</td><td>2.0</td><td>1.0</td><td>494.4</td><td>318.2</td><td>534.3</td><td>346.5</td></tr><tr><td>1936......</td><td>61.1</td><td>47.3</td><td>4</td><td>2</td><td>271.9</td><td>150.3</td><td>333.4</td><td>197.9</td></tr><tr><td>1937......</td><td>70.6</td><td>54.6</td><td>-</td><td>-</td><td>241.5</td><td>108.7</td><td>312.2</td><td>163.4</td></tr><tr><td>1938......</td><td>61.6</td><td>42.2</td><td>-</td><td>-</td><td>355.4</td><td>156.9</td><td>417.1</td><td>199.1</td></tr><tr><td>1939......</td><td>60.7</td><td>39.9</td><td>-</td><td>-</td><td>282.8</td><td>120.5</td><td>343.3</td><td>160.4</td></tr><tr><td>1939-Oct....</td><td>7.2</td><td>4.8</td><td>-</td><td>-</td><td>11.4</td><td>4.9</td><td>18.6</td><td>9.7</td></tr><tr><td>Nov....</td><td>6.5</td><td>4.5</td><td>-</td><td>-</td><td>15.3</td><td>6.3</td><td>21.8</td><td>10.8</td></tr><tr><td>Dec....</td><td>5.1</td><td>3.6</td><td>-</td><td>-</td><td>16.8</td><td>6.8</td><td>21.9</td><td>10.4</td></tr><tr><td>1940-Jan....</td><td>7.3</td><td>5.2</td><td>-</td><td>-</td><td>14.0</td><td>5.7</td><td>21.3</td><td>10.9</td></tr><tr><td>Feb....</td><td>4.5</td><td>3.2</td><td>-</td><td>-</td><td>20.9</td><td>7.8</td><td>25.4</td><td>11.0</td></tr><tr><td>Mar....</td><td>5.6</td><td>4.0</td><td>-</td><td>-</td><td>11.8</td><td>4.4</td><td>17.4</td><td>8.4</td></tr><tr><td>Apr....</td><td>4.5</td><td>3.2</td><td>-</td><td>-</td><td>17.4</td><td>6.3</td><td>21.9</td><td>9.5</td></tr><tr><td>May....</td><td>5.1</td><td>3.6</td><td>-</td><td>-</td><td>12.7</td><td>4.5</td><td>17.8</td><td>8.1</td></tr><tr><td>June....</td><td>4.6</td><td>3.3</td><td>-</td><td>-</td><td>6.3</td><td>2.2</td><td>10.9</td><td>5.5</td></tr><tr><td>July....</td><td>5.6</td><td>3.8</td><td>-</td><td>-</td><td>13.4</td><td>4.7</td><td>19.2</td><td>8.5</td></tr><tr><td>Aug....</td><td>4.3</td><td>3.0</td><td>-</td><td>-</td><td>10.4</td><td>3.6</td><td>14.6</td><td>6.7</td></tr><tr><td>Sept....</td><td>4.7</td><td>3.4</td><td>-</td><td>-</td><td>10.3</td><td>3.6</td><td>15.0</td><td>7.0</td></tr><tr><td>Oct....</td><td>7.9</td><td>5.6</td><td>-</td><td>-</td><td>8.0</td><td>2.8</td><td>15.9</td><td>8.4</td></tr></table>
1/ Acquired at 64.64+ cents per fine ounce until April 9, 1935; at 71.11+ cents per fine ounce from that date until April 23, 1935; at 77.57+ cents from April 23, 1935 to December 31, 1937; at 64.64+ cents per fine ounce from December 31, 1937 to July 1, 1939; and at 71.11+ cents since July 1, 1939. 2/ Acquired at 50.01 cents per fine ounce. Executive Proclamation of August 9, 1934, repealed April 28, 1938. 3/ Acquired at various prices averaging approximately 51 cents per ounce.
54
Seigniorage on Silver
(Cumulative from January 1, 1934 - In millions of dollars)
<table><tr><th>End of calendar year or month</th><th>Seigniorage on silver and minor coin</th><th colspan="5">Sources of seigniorage on silver bullion revalued 1/</th><th>Potential seigniorage on silver bullion at cost in General Fund 2/</th></tr><tr><th></th><th></th><th>Misc. silver (incl. silver bullion held June 14, 1934)</th><th>Newly-mixed silver (Proc. Dec. 21, 1933)</th><th>Newly-mixed silver (Act July 6, 1939)</th><th>Silver Purchase Act of June 19, 1934</th><th>Nationalized silver (Proc. of Aug. 9, 1934)</th><th>Total seigniorage on silver revalued</th></tr><tr><td>1934</td><td>4.5</td><td>48.7</td><td>.4</td><td>-</td><td>51.1</td><td>28.5</td><td>128.7</td><td>132.6</td></tr><tr><td>1935</td><td>18.5</td><td>48.7</td><td>16.8</td><td>-</td><td>226.2</td><td>34.5</td><td>326.2</td><td>274.9</td></tr><tr><td>1936</td><td>46.1</td><td>48.7</td><td>36.0</td><td>-</td><td>302.7</td><td>34.7</td><td>422.1</td><td>397.5</td></tr><tr><td>1937</td><td>63.7</td><td>48.7</td><td>58.0</td><td>-</td><td>366.1</td><td>34.7</td><td>508.1</td><td>541.6</td></tr><tr><td>1938</td><td>69.5</td><td>48.7</td><td>74.9</td><td>-</td><td>457.1</td><td>34.7</td><td>616.0</td><td>758.8</td></tr><tr><td>1939</td><td>91.7</td><td>48.7</td><td>87.3</td><td>4.2</td><td>530.7</td><td>34.7</td><td>705.6</td><td>950.6</td></tr><tr><td>1940-Jan.</td><td>92.9</td><td>48.7</td><td>87.5</td><td>6.3</td><td>533.8</td><td>34.7</td><td>711.0</td><td>961.5</td></tr><tr><td>Feb.</td><td>93.9</td><td>48.7</td><td>87.5</td><td>7.7</td><td>538.3</td><td>34.7</td><td>716.9</td><td>972.1</td></tr><tr><td>Mar.</td><td>94.7</td><td>48.7</td><td>87.5</td><td>9.5</td><td>542.3</td><td>34.7</td><td>722.7</td><td>987.6</td></tr><tr><td>Apr.</td><td>95.5</td><td>48.7</td><td>87.5</td><td>11.0</td><td>546.4</td><td>34.7</td><td>728.3</td><td>998.1</td></tr><tr><td>May.</td><td>97.2</td><td>48.7</td><td>87.5</td><td>12.6</td><td>549.2</td><td>34.7</td><td>732.7</td><td>1,009.6</td></tr><tr><td>June.</td><td>98.4</td><td>48.7</td><td>87.6</td><td>14.2</td><td>550.5</td><td>34.7</td><td>735.7</td><td>1,017.4</td></tr><tr><td>July.</td><td>99.8</td><td>48.7</td><td>87.6</td><td>15.9</td><td>553.4</td><td>34.7</td><td>740.3</td><td>1,025.0</td></tr><tr><td>Aug.</td><td>103.3</td><td>48.7</td><td>87.6</td><td>17.2</td><td>555.8</td><td>34.7</td><td>744.0</td><td>1,031.0</td></tr><tr><td>Sept.</td><td>107.3</td><td>48.7</td><td>87.6</td><td>18.5</td><td>557.2</td><td>34.7</td><td>746.7</td><td>1,040.1</td></tr><tr><td>Oct.</td><td>111.9</td><td>48.7</td><td>87.6</td><td>21.3</td><td>559.8</td><td>34.7</td><td>752.1</td><td>1,047.3</td></tr></table>
Basel: Daily Treasury Statements.
1/ These items represent the difference between the cost value and the monetary value of silver bullion revalued and held to secure silver certificates.
2/ The figures in this column are not cumulative; as the amount of bullion held increases, the potential seigniorage thereon increases.
Silver Production, by Leading Countries
(In thousands of fine ounces)
<table><tr><th>Calendar year or month</th><th>Total for world</th><th colspan="5">American countries</th><th>Total</th><th colspan="6">All other countries</th></tr><tr><th></th><th></th><th>United States</th><th>Canada 1/</th><th>Mexico</th><th>Peru</th><th>Other</th><th>2/</th><th>Europe</th><th>Oceania</th><th>Japan 1/</th><th>British India 1/</th><th>Other Asia</th><th>Africa</th></tr><tr><td>1933</td><td>169,159</td><td>22,821</td><td>16,395</td><td>68,101</td><td>6,761</td><td>10,819</td><td>44,261</td><td>14,769</td><td>11,553</td><td>6,680</td><td>6,080</td><td>1,103</td><td>4,076</td></tr><tr><td>1934</td><td>190,398</td><td>32,487</td><td>17,565</td><td>74,145</td><td>10,381</td><td>10,091</td><td>45,730</td><td>14,891</td><td>11,257</td><td>7,863</td><td>5,818</td><td>1,179</td><td>4,722</td></tr><tr><td>1935</td><td>220,704</td><td>45,613</td><td>17,743</td><td>75,589</td><td>17,433</td><td>12,788</td><td>51,538</td><td>17,199</td><td>12,434</td><td>9,706</td><td>5,850</td><td>1,219</td><td>5,130</td></tr><tr><td>1936</td><td>253,696</td><td>63,352</td><td>19,584</td><td>77,464</td><td>19,901</td><td>16,539</td><td>56,858</td><td>19,704</td><td>13,194</td><td>11,670</td><td>5,977</td><td>1,733</td><td>4,580</td></tr><tr><td>1937</td><td>274,538</td><td>71,299</td><td>24,131</td><td>84,681</td><td>16,994</td><td>15,708</td><td>61,725</td><td>21,053</td><td>14,903</td><td>12,451</td><td>6,205</td><td>1,913</td><td>5,200</td></tr><tr><td>1938</td><td>267,933</td><td>61,689</td><td>23,826</td><td>81,019</td><td>20,424</td><td>16,153</td><td>64,823</td><td>22,631</td><td>15,043</td><td>13,115</td><td>5,947</td><td>2,406</td><td>5,681</td></tr><tr><td>1939</td><td>267,343</td><td>63,872</td><td>24,538</td><td>75,869</td><td>18,802</td><td>17,461</td><td>66,801</td><td>22,190</td><td>15,464</td><td>14,015</td><td>6,830</td><td>2,938</td><td>5,364</td></tr><tr><td>1939-Sept</td><td>23,634</td><td>5,145</td><td>2,679</td><td>6,857</td><td>1,670</td><td>1,700</td><td>5,583</td><td>1,900</td><td>1,443</td><td>875</td><td>475</td><td>425</td><td>465</td></tr><tr><td>Oct</td><td>24,426</td><td>4,874</td><td>2,913</td><td>7,931</td><td>1,450</td><td>1,700</td><td>5,558</td><td>1,900</td><td>1,388</td><td>875</td><td>470</td><td>450</td><td>475</td></tr><tr><td>Nov</td><td>22,193</td><td>5,113</td><td>1,898</td><td>6,539</td><td>1,350</td><td>1,700</td><td>5,593</td><td>1,900</td><td>1,370</td><td>875</td><td>475</td><td>450</td><td>523</td></tr><tr><td>Dec</td><td>22,494</td><td>5,716</td><td>1,920</td><td>6,210</td><td>1,350</td><td>1,700</td><td>5,598</td><td>1,900</td><td>1,350</td><td>875</td><td>480</td><td>450</td><td>543</td></tr><tr><td>1940-Jan</td><td>23,452</td><td>4,852</td><td>1,653</td><td>8,128</td><td>1,550</td><td>1,725</td><td>5,544</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Feb</td><td>22,088</td><td>5,611</td><td>1,690</td><td>6,785</td><td>1,250</td><td>1,650</td><td>5,102</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Mar</td><td>22,501</td><td>5,744</td><td>1,786</td><td>5,723</td><td>2,000</td><td>1,644</td><td>5,604</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Apr</td><td>24,785</td><td>6,120</td><td>1,770</td><td>8,140</td><td>1,500</td><td>1,649</td><td>5,606</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>May</td><td>22,269</td><td>5,840</td><td>1,997</td><td>5,619</td><td>1,700</td><td>1,504</td><td>5,609</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>June</td><td>23,423</td><td>5,373</td><td>3,096</td><td>6,511</td><td>1,400</td><td>1,437</td><td>5,606</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>July</td><td>5/</td><td>5,530</td><td>5/</td><td>6,861</td><td>1,500</td><td>1,549</td><td>5,609</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Aug</td><td>5/</td><td>4,419</td><td>5/</td><td>8,120</td><td>1,500</td><td>5/</td><td>5/</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Sept</td><td>5/</td><td>5,049</td><td>5/</td><td>5/</td><td>1,500</td><td>5/</td><td>5/</td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table>
Source: Annual Reports of the Director of the Mint for annual figures through 1938; releases of American Bureau of Metal Statistics for all later figures. 1/ Includes Newfoundland. 2/ Monthly breakdown not available after December 1939. 3/ Includes Chosen and Taiwan. Figures for 1939 have been carried forward on an estimated basis. 4/ Monthly figures and 1939 total are for "Burma, refined silver", only. 5/ Not yet reported.
55
Net Movement of Silver to and from the United States
(In thousands of dollars)
<table><tr><th>Calendar year or month</th><th>United Kingdoms</th><th>Other Europe</th><th>Canada</th><th>Mexico</th><th>Cuba</th><th>Chile</th><th>Peru</th><th>Other Latin America</th></tr><tr><td>1934</td><td>36,521</td><td>190</td><td>438</td><td>21,995</td><td>-3,780</td><td>1,550</td><td>3,906</td><td>381</td></tr><tr><td>1935</td><td>245,133</td><td>2,457</td><td>12,147</td><td>58,325</td><td>-5,611</td><td>2,920</td><td>10,199</td><td>-1,228</td></tr><tr><td>1936</td><td>53,393</td><td>856</td><td>5,416</td><td>29,925</td><td>-8,951</td><td>1,048</td><td>7,408</td><td>2,738</td></tr><tr><td>1937</td><td>34,120</td><td>-25</td><td>6,798</td><td>30,203</td><td>-7,451</td><td>968</td><td>6,786</td><td>611</td></tr><tr><td>1938</td><td>134,264</td><td>15,396 1/</td><td>10,915</td><td>41,715</td><td>-4,342</td><td>696</td><td>7,341</td><td>2,858</td></tr><tr><td>1939</td><td>12,381</td><td>-656</td><td>7,078</td><td>31,597</td><td>-4,787</td><td>851</td><td>6,513</td><td>3,178</td></tr><tr><td>1939-Oct.</td><td>-1,430</td><td>-97</td><td>503</td><td>2,607</td><td>3</td><td>134</td><td>597</td><td>284</td></tr><tr><td>Nov.</td><td>-135</td><td>-157</td><td>596</td><td>2,382</td><td>7</td><td>-3</td><td>344</td><td>336</td></tr><tr><td>Dec.</td><td>-90</td><td>-409</td><td>508</td><td>2,263</td><td>-</td><td>71</td><td>447</td><td>135</td></tr><tr><td>1940-Jan.</td><td>14</td><td>-105</td><td>751</td><td>2,539</td><td>4</td><td>-5</td><td>400</td><td>523</td></tr><tr><td>Feb.</td><td>3</td><td>-134</td><td>647</td><td>2,322</td><td>-</td><td>11</td><td>467</td><td>174</td></tr><tr><td>Mar.</td><td>-</td><td>-175</td><td>309</td><td>2,556</td><td>4</td><td>202</td><td>612</td><td>221</td></tr><tr><td>Apr.</td><td>209</td><td>-124</td><td>634</td><td>2,453</td><td>3</td><td>149</td><td>627</td><td>158</td></tr><tr><td>May.</td><td>-</td><td>44</td><td>452</td><td>2,294</td><td>-</td><td>234</td><td>438</td><td>170</td></tr><tr><td>June.</td><td>69</td><td>-19</td><td>816</td><td>1,713</td><td>-</td><td>189</td><td>618</td><td>173</td></tr><tr><td>July.</td><td>-</td><td>13</td><td>808</td><td>1,639</td><td>-</td><td>48</td><td>505</td><td>147</td></tr><tr><td>Aug.</td><td>13</td><td>4</td><td>699</td><td>1,103</td><td>-</td><td>72</td><td>395</td><td>145</td></tr><tr><td>Sept.</td><td>35</td><td>1</td><td>372</td><td>1,803</td><td>4</td><td>102</td><td>652</td><td>141</td></tr><tr><td>Oct.</td><td>-</td><td>4</td><td>293</td><td>2,742</td><td>-</td><td>252</td><td>373</td><td>112</td></tr></table>
<table><tr><th>Calendar year or month</th><th>British India</th><th>China</th><th>Hong Kong</th><th>Japan</th><th>Other Main</th><th>All other</th><th>Total net imports or exports (-)</th></tr><tr><td>1934</td><td>-338</td><td>21,967</td><td>2,873</td><td>303</td><td>134</td><td>34</td><td>86,174</td></tr><tr><td>1935</td><td>188</td><td>227</td><td>6,787</td><td>643</td><td>3,224</td><td>118</td><td>335,730</td></tr><tr><td>1936</td><td>3,024</td><td>69,996</td><td>3,463</td><td>2,144</td><td>342</td><td>48</td><td>170,851</td></tr><tr><td>1937</td><td>-</td><td>5,614</td><td>4</td><td>1,271</td><td>504</td><td>433</td><td>79,835</td></tr><tr><td>1938</td><td>150</td><td>-</td><td>61</td><td>2,930</td><td>10,808 2/</td><td>617</td><td>223,449</td></tr><tr><td>1939</td><td>-73</td><td>-</td><td>7,725</td><td>4,234</td><td>1,960</td><td>672</td><td>70,677</td></tr><tr><td>1939-Oct.</td><td>-</td><td>-</td><td>2,404</td><td>415</td><td>87</td><td>-11</td><td>5,495</td></tr><tr><td>Nov.</td><td>-</td><td>-</td><td>-</td><td>155</td><td>75</td><td>95</td><td>3,696</td></tr><tr><td>Dec.</td><td>-257</td><td>-</td><td>-</td><td>127</td><td>74</td><td>40</td><td>2,908</td></tr><tr><td>1940-Jan.</td><td>-184</td><td>-</td><td>-</td><td>1,261</td><td>92</td><td>56</td><td>5,347</td></tr><tr><td>Feb.</td><td>-</td><td>-</td><td>-</td><td>170</td><td>55</td><td>59</td><td>3,773</td></tr><tr><td>Mar.</td><td>48</td><td>-</td><td>-</td><td>1,419</td><td>118</td><td>52</td><td>5,067</td></tr><tr><td>Apr.</td><td>-</td><td>-</td><td>-</td><td>504</td><td>125</td><td>139</td><td>4,576</td></tr><tr><td>May</td><td>-46</td><td>1</td><td>-</td><td>721</td><td>82</td><td>22</td><td>4,411</td></tr><tr><td>June</td><td>-741</td><td>-</td><td>-</td><td>730</td><td>187</td><td>52</td><td>3,789</td></tr><tr><td>July</td><td>1,499</td><td>-</td><td>-</td><td>437</td><td>113</td><td>153</td><td>5,363</td></tr><tr><td>Aug.</td><td>-156</td><td>-</td><td>-</td><td>1,410</td><td>94</td><td>149</td><td>3,927</td></tr><tr><td>Sept.</td><td>-71</td><td>-</td><td>396</td><td>861</td><td>75</td><td>146</td><td>4,517</td></tr><tr><td>Oct.</td><td>-35</td><td>-</td><td>-</td><td>872</td><td>70</td><td>87</td><td>4,770</td></tr></table>
Sources: U. S. Department of Commerce 1/ Includes net import of $12,950,000 from France. 2/ Includes net import of $9,791,000 from Siam.
Value of Selected Currencies in Terms of Gold
(1928 average of daily quotations = 100)
<table><tr><th>Monthly average of daily quotations</th><th>United States</th><th>United Kingdom</th><th>France</th><th>Nether-lande</th><th>Switzer-land</th><th>Belgium</th><th>Japan</th><th>Italy</th><th>China 1/</th></tr><tr><td>1931-Dec.</td><td>100</td><td>69</td><td>100</td><td>100</td><td>101</td><td>100</td><td>87</td><td>97</td><td>53</td></tr><tr><td>1932-Dec.</td><td>100</td><td>67</td><td>100</td><td>100</td><td>100</td><td>100</td><td>42</td><td>97</td><td>43</td></tr><tr><td>1933-Dec.</td><td>64</td><td>67</td><td>100</td><td>100</td><td>100</td><td>100</td><td>39</td><td>100</td><td>47</td></tr><tr><td>1934-Dec.</td><td>59</td><td>60</td><td>100</td><td>100</td><td>100</td><td>100</td><td>34</td><td>96</td><td>45</td></tr><tr><td>1935-Dec.</td><td>59</td><td>60</td><td>100</td><td>100</td><td>100</td><td>72</td><td>34</td><td>91</td><td>39</td></tr><tr><td>1936-Dec.</td><td>59</td><td>60</td><td>70</td><td>80</td><td>70</td><td>72</td><td>34</td><td>59</td><td>39</td></tr><tr><td>1937-Dec.</td><td>59</td><td>61</td><td>51</td><td>82</td><td>71</td><td>72</td><td>34</td><td>59</td><td>39</td></tr><tr><td>1938-Dec.</td><td>59</td><td>57</td><td>40</td><td>80</td><td>69</td><td>72</td><td>32</td><td>59</td><td>21</td></tr><tr><td>1939-Dec.</td><td>59</td><td>48</td><td>34</td><td>78</td><td>69</td><td>70</td><td>28</td><td>57</td><td>10</td></tr><tr><td>1940-Jan.</td><td>59</td><td>48</td><td>34</td><td>78</td><td>69</td><td>72</td><td>28</td><td>57</td><td>10</td></tr><tr><td>Feb.</td><td>59</td><td>48</td><td>34</td><td>78</td><td>69</td><td>72</td><td>28</td><td>57</td><td>9</td></tr><tr><td>Mar.</td><td>59</td><td>46</td><td>32</td><td>78</td><td>69</td><td>72</td><td>28</td><td>57</td><td>8</td></tr><tr><td>Apr.</td><td>59</td><td>43</td><td>30</td><td>78</td><td>69</td><td>72</td><td>28</td><td>57</td><td>8</td></tr><tr><td>May.</td><td>59</td><td>40</td><td>28</td><td>78 2/</td><td>68</td><td>71 2/</td><td>28</td><td>57</td><td>7</td></tr><tr><td>June.</td><td>59</td><td>44</td><td>30 1/</td><td>-</td><td>69</td><td>-</td><td>28</td><td>57</td><td>8</td></tr><tr><td>July.</td><td>59</td><td>46</td><td>-</td><td>-</td><td>69</td><td>-</td><td>28</td><td>57</td><td>8</td></tr><tr><td>Aug.</td><td>59</td><td>48</td><td>-</td><td>-</td><td>70</td><td>-</td><td>28</td><td>57</td><td>7</td></tr><tr><td>Sept.</td><td>59</td><td>49</td><td>-</td><td>-</td><td>70</td><td>-</td><td>28</td><td>57</td><td>7</td></tr><tr><td>Oct.</td><td>59</td><td>49</td><td>-</td><td>-</td><td>71</td><td>-</td><td>28</td><td>57</td><td>7</td></tr></table>
1 Average of daily quotations for January 1928 = 100.
2 Average of daily quotations for May 1 - 10. No quotations available thereafter.
3 Average of daily quotations for June 1 - 16. No quotations available thereafter.
MISCELLANEOUS
-56-
57
Vessels Cleared from the United States, Direct for Foreign Ports. Classified by Nationality
<table><tr><th rowspan="2"></th><th colspan="2">Calendar year</th><th colspan="6">1939</th><th colspan="8">Number of vessels</th></tr><tr><th>1938</th><th>1939</th><th>Sept.</th><th>Oct.</th><th>Nov.</th><th>Dec.</th><th>Jan.</th><th>Feb.</th><th>Mar.</th><th>Apr.</th><th>May</th><th>June</th><th>July</th><th>Aug.</th><th>Sept.</th></tr><tr><td>Grand total....</td><td>31,710</td><td>34,192</td><td>3,469</td><td>3,011</td><td>2,829</td><td>2,103</td><td>1,911</td><td>1,869</td><td>2,037</td><td>2,135</td><td>3,055</td><td>3,440</td><td>4,085</td><td>4,206</td><td>3,163</td></tr><tr><td>Cleared to Great Lakes ports....</td><td>7,423</td><td>7,963</td><td>1,083</td><td>914</td><td>981</td><td>192</td><td>21</td><td>27</td><td>25</td><td>308</td><td>998</td><td>1,230</td><td>1,596</td><td>1,705</td><td>1,038</td></tr><tr><td>Cleared to coastal and overseas ports......</td><td>24,287</td><td>26,229</td><td>2,356</td><td>2,097</td><td>1,848</td><td>1,911</td><td>1,090</td><td>1,842</td><td>2,012</td><td>1,827</td><td>2,057</td><td>2,210</td><td>2,489</td><td>2,501</td><td>2,125</td></tr><tr><td>American vessels.....</td><td>7,335</td><td>7,822</td><td>797</td><td>549</td><td>478</td><td>492</td><td>530</td><td>512</td><td>559</td><td>544</td><td>756</td><td>752</td><td>856</td><td>841</td><td>647</td></tr><tr><td>Foreign vessels.....</td><td>16,952</td><td>18,407</td><td>1,589</td><td>1,548</td><td>1,370</td><td>1,419</td><td>1,360</td><td>1,330</td><td>1,453</td><td>1,283</td><td>1,301</td><td>1,458</td><td>1,633</td><td>1,650</td><td>1,478</td></tr><tr><td>Belgian.</td><td>81</td><td>102</td><td>8</td><td>6</td><td>8</td><td>9</td><td>6</td><td>6</td><td>17</td><td>16</td><td>12</td><td>13</td><td>10</td><td>9</td><td>6</td></tr><tr><td>British.</td><td>9,052</td><td>9,954</td><td>913</td><td>821</td><td>640</td><td>666</td><td>662</td><td>632</td><td>711</td><td>667</td><td>669</td><td>645</td><td>1,022</td><td>1,061</td><td>902</td></tr><tr><td>Danish.</td><td>520</td><td>604</td><td>56</td><td>55</td><td>55</td><td>52</td><td>48</td><td>48</td><td>40</td><td>8</td><td>1</td><td>3</td><td>1</td><td>-</td><td>-</td></tr><tr><td>Dutch.</td><td>525</td><td>653</td><td>58</td><td>51</td><td>57</td><td>66</td><td>59</td><td>44</td><td>57</td><td>51</td><td>45</td><td>30</td><td>44</td><td>41</td><td>40</td></tr><tr><td>Finnish.</td><td>45</td><td>85</td><td>5</td><td>7</td><td>18</td><td>15</td><td>14</td><td>14</td><td>12</td><td>11</td><td>10</td><td>12</td><td>14</td><td>19</td><td>13</td></tr><tr><td>French.</td><td>322</td><td>285</td><td>18</td><td>12</td><td>14</td><td>20</td><td>20</td><td>19</td><td>19</td><td>20</td><td>19</td><td>21</td><td>2</td><td>1</td><td>2</td></tr><tr><td>German.</td><td>566</td><td>334</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Greek.</td><td>168</td><td>247</td><td>23</td><td>40</td><td>33</td><td>27</td><td>28</td><td>34</td><td>23</td><td>21</td><td>19</td><td>19</td><td>27</td><td>33</td><td>42</td></tr><tr><td>Honduran.</td><td>639</td><td>699</td><td>66</td><td>57</td><td>52</td><td>60</td><td>54</td><td>56</td><td>69</td><td>74</td><td>87</td><td>80</td><td>78</td><td>75</td><td>69</td></tr><tr><td>Italian.</td><td>304</td><td>278</td><td>22</td><td>22</td><td>27</td><td>23</td><td>25</td><td>31</td><td>27</td><td>28</td><td>37</td><td>12</td><td>1</td><td>-</td><td>-</td></tr><tr><td>Japanese.</td><td>679</td><td>793</td><td>67</td><td>67</td><td>65</td><td>74</td><td>76</td><td>47</td><td>53</td><td>58</td><td>66</td><td>83</td><td>63</td><td>62</td><td>57</td></tr><tr><td>Nicaraguan.</td><td>84</td><td>149</td><td>13</td><td>14</td><td>12</td><td>13</td><td>9</td><td>4</td><td>4</td><td>8</td><td>10</td><td>9</td><td>10</td><td>9</td><td>9</td></tr><tr><td>Norwegian.</td><td>2,858</td><td>2,744</td><td>218</td><td>242</td><td>230</td><td>247</td><td>225</td><td>238</td><td>262</td><td>192</td><td>175</td><td>180</td><td>188</td><td>176</td><td>159</td></tr><tr><td>Paraguayan.</td><td>403</td><td>580</td><td>48</td><td>60</td><td>58</td><td>47</td><td>41</td><td>61</td><td>57</td><td>52</td><td>61</td><td>55</td><td>67</td><td>56</td><td>71</td></tr><tr><td>Swedish.</td><td>386</td><td>467</td><td>49</td><td>46</td><td>50</td><td>38</td><td>26</td><td>41</td><td>32</td><td>19</td><td>24</td><td>20</td><td>31</td><td>33</td><td>39</td></tr><tr><td>Other flags.</td><td>320</td><td>433</td><td>25</td><td>48</td><td>51</td><td>62</td><td>67</td><td>55</td><td>70</td><td>58</td><td>66</td><td>76</td><td>75</td><td>85</td><td>69</td></tr></table>
<table><tr><th rowspan="2"></th><th colspan="2">Calendar year</th><th colspan="4">1939</th><th colspan="8">1940</th></tr><tr><th>1938</th><th>1939</th><th>Sept.</th><th>Oct.</th><th>Nov.</th><th>Dec.</th><th>Jan.</th><th>Feb.</th><th>Mar.</th><th>Apr.</th><th>May</th><th>June</th><th>July</th><th>Aug.</th><th>Sept.</th></tr><tr><td>Grand total</td><td>71,286</td><td>70,306</td><td>6,303</td><td>5,976</td><td>6,071</td><td>4,537</td><td>4,362</td><td>4,279</td><td>4,637</td><td>4,749</td><td>5,845</td><td>5,905</td><td>6,380</td><td>6,330</td><td>5,415</td></tr><tr><td>Cleared to Great Lakes ports</td><td>12,181</td><td>12,030</td><td>1,040</td><td>1,714</td><td>2,025</td><td>341</td><td>65</td><td>87</td><td>81</td><td>667</td><td>1,674</td><td>2,003</td><td>2,125</td><td>2,098</td><td>1,662</td></tr><tr><td>Cleared to coastal and overseas ports</td><td>59,105</td><td>58,276</td><td>4,663</td><td>4,262</td><td>4,046</td><td>4,196</td><td>4,297</td><td>4,192</td><td>4,556</td><td>4,082</td><td>4,172</td><td>3,902</td><td>4,215</td><td>4,232</td><td>3,753</td></tr><tr><td>American vessels</td><td>15,560</td><td>14,869</td><td>1,391</td><td>1,315</td><td>1,068</td><td>1,145</td><td>1,322</td><td>1,237</td><td>1,407</td><td>1,424</td><td>1,504</td><td>1,476</td><td>1,548</td><td>1,531</td><td>1,313</td></tr><tr><td>Foreign vessels</td><td>43,545</td><td>43,407</td><td>3,272</td><td>2,947</td><td>2,978</td><td>3,051</td><td>2,975</td><td>2,955</td><td>3,149</td><td>2,658</td><td>2,667</td><td>2,426</td><td>2,667</td><td>2,701</td><td>2,440</td></tr><tr><td>Belgian</td><td>289</td><td>371</td><td>32</td><td>22</td><td>26</td><td>32</td><td>22</td><td>22</td><td>68</td><td>61</td><td>44</td><td>54</td><td>39</td><td>30</td><td>24</td></tr><tr><td>British</td><td>16,147</td><td>14,904</td><td>1,152</td><td>790</td><td>774</td><td>822</td><td>858</td><td>827</td><td>934</td><td>829</td><td>767</td><td>837</td><td>1,022</td><td>1,121</td><td>870</td></tr><tr><td>Danish</td><td>1,324</td><td>1,480</td><td>128</td><td>122</td><td>128</td><td>131</td><td>97</td><td>112</td><td>94</td><td>27</td><td>4</td><td>9</td><td>3</td><td>-</td><td>-</td></tr><tr><td>Dutch</td><td>2,449</td><td>2,968</td><td>274</td><td>178</td><td>243</td><td>242</td><td>291</td><td>225</td><td>243</td><td>221</td><td>175</td><td>98</td><td>129</td><td>126</td><td>140</td></tr><tr><td>Finland</td><td>95</td><td>137</td><td>6</td><td>13</td><td>34</td><td>22</td><td>23</td><td>24</td><td>22</td><td>17</td><td>17</td><td>14</td><td>21</td><td>28</td><td>15</td></tr><tr><td>French</td><td>2,350</td><td>1,922</td><td>89</td><td>38</td><td>36</td><td>67</td><td>65</td><td>64</td><td>74</td><td>82</td><td>90</td><td>81</td><td>8</td><td>2</td><td>2</td></tr><tr><td>German</td><td>3,577</td><td>2,141</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Greek</td><td>528</td><td>833</td><td>80</td><td>131</td><td>122</td><td>89</td><td>88</td><td>109</td><td>69</td><td>74</td><td>60</td><td>67</td><td>85</td><td>99</td><td>124</td></tr><tr><td>Bonduran</td><td>946</td><td>914</td><td>76</td><td>70</td><td>68</td><td>72</td><td>77</td><td>84</td><td>90</td><td>99</td><td>114</td><td>107</td><td>100</td><td>102</td><td>100</td></tr><tr><td>Italian</td><td>2,116</td><td>1,982</td><td>157</td><td>149</td><td>159</td><td>149</td><td>134</td><td>178</td><td>175</td><td>171</td><td>185</td><td>39</td><td>3</td><td>-</td><td>-</td></tr><tr><td>Japanese</td><td>3,183</td><td>3,839</td><td>340</td><td>333</td><td>313</td><td>356</td><td>375</td><td>233</td><td>246</td><td>288</td><td>335</td><td>341</td><td>337</td><td>330</td><td>302</td></tr><tr><td>Ficaraguan</td><td>27</td><td>65</td><td>6</td><td>7</td><td>6</td><td>7</td><td>6</td><td>3</td><td>1</td><td>3</td><td>4</td><td>3</td><td>4</td><td>3</td><td>3</td></tr><tr><td>Borvegian</td><td>7,181</td><td>7,417</td><td>576</td><td>655</td><td>635</td><td>679</td><td>588</td><td>620</td><td>669</td><td>455</td><td>433</td><td>389</td><td>426</td><td>407</td><td>373</td></tr><tr><td>Panamanian</td><td>1,375</td><td>2,097</td><td>157</td><td>217</td><td>200</td><td>148</td><td>139</td><td>232</td><td>222</td><td>171</td><td>220</td><td>173</td><td>228</td><td>201</td><td>236</td></tr><tr><td>Swedish</td><td>1,299</td><td>1,454</td><td>148</td><td>128</td><td>123</td><td>104</td><td>81</td><td>99</td><td>100</td><td>51</td><td>87</td><td>58</td><td>103</td><td>82</td><td>123</td></tr><tr><td>Other flags</td><td>659</td><td>883</td><td>51</td><td>94</td><td>111</td><td>131</td><td>131</td><td>123</td><td>142</td><td>109</td><td>132</td><td>156</td><td>159</td><td>170</td><td>128</td></tr></table>
58
Vessels Cleared from the United States, Direct for Foreign Ports,
Classified by Port from which Cleared
<table><tr><th rowspan="2"></th><th colspan="2">Calendar year</th><th colspan="4">1939</th><th colspan="10">Number of vessels</th></tr><tr><th>1938</th><th>1939</th><th>Sept.</th><th>Oct.</th><th>Nov.</th><th>Dec.</th><th>Jan.</th><th>Feb.</th><th>Mar.</th><th>Apr.</th><th>May</th><th>June</th><th>July</th><th>Aug.</th><th>Sept.</th></tr><tr><td>Baltimore</td><td>553</td><td>679</td><td>56</td><td>64</td><td>59</td><td>51</td><td>69</td><td>67</td><td>79</td><td>72</td><td>58</td><td>53</td><td>61</td><td>66</td><td>78</td></tr><tr><td>Boston</td><td>795</td><td>804</td><td>62</td><td>50</td><td>54</td><td>51</td><td>45</td><td>45</td><td>57</td><td>57</td><td>67</td><td>79</td><td>72</td><td>77</td><td>53</td></tr><tr><td>Miami</td><td>1,024</td><td>943</td><td>46</td><td>48</td><td>47</td><td>77</td><td>100</td><td>123</td><td>121</td><td>94</td><td>133</td><td>73</td><td>77</td><td>59</td><td>52</td></tr><tr><td>New York</td><td>3,844</td><td>3,929</td><td>323</td><td>301</td><td>333</td><td>327</td><td>319</td><td>311</td><td>339</td><td>296</td><td>314</td><td>328</td><td>325</td><td>358</td><td>282</td></tr><tr><td>Norfolk & Newport News</td><td>581</td><td>639</td><td>70</td><td>72</td><td>71</td><td>68</td><td>63</td><td>79</td><td>84</td><td>86</td><td>74</td><td>68</td><td>69</td><td>71</td><td>59</td></tr><tr><td>Philadelphia</td><td>453</td><td>564</td><td>52</td><td>51</td><td>48</td><td>50</td><td>46</td><td>64</td><td>67</td><td>57</td><td>52</td><td>56</td><td>54</td><td>51</td><td>63</td></tr><tr><td>Savannah</td><td>137</td><td>209</td><td>22</td><td>20</td><td>18</td><td>19</td><td>14</td><td>8</td><td>15</td><td>16</td><td>16</td><td>18</td><td>16</td><td>18</td><td>7</td></tr><tr><td>Corpus Christi</td><td>255</td><td>275</td><td>22</td><td>26</td><td>14</td><td>19</td><td>14</td><td>10</td><td>17</td><td>12</td><td>14</td><td>22</td><td>9</td><td>9</td><td>11</td></tr><tr><td>Galveston</td><td>624</td><td>469</td><td>47</td><td>51</td><td>29</td><td>32</td><td>26</td><td>35</td><td>27</td><td>36</td><td>39</td><td>27</td><td>28</td><td>25</td><td>31</td></tr><tr><td>Houston</td><td>546</td><td>542</td><td>50</td><td>46</td><td>38</td><td>41</td><td>37</td><td>41</td><td>32</td><td>23</td><td>27</td><td>16</td><td>27</td><td>24</td><td>25</td></tr><tr><td>Mobile</td><td>430</td><td>322</td><td>22</td><td>19</td><td>28</td><td>20</td><td>24</td><td>25</td><td>32</td><td>38</td><td>37</td><td>35</td><td>41</td><td>24</td><td>31</td></tr><tr><td>New Orleans</td><td>1,240</td><td>1,156</td><td>96</td><td>122</td><td>100</td><td>112</td><td>118</td><td>110</td><td>108</td><td>90</td><td>104</td><td>102</td><td>99</td><td>90</td><td>87</td></tr><tr><td>Port Arthur</td><td>403</td><td>309</td><td>21</td><td>19</td><td>18</td><td>29</td><td>20</td><td>12</td><td>24</td><td>21</td><td>21</td><td>27</td><td>17</td><td>13</td><td>15</td></tr><tr><td>Los Angeles</td><td>1,310</td><td>1,392</td><td>112</td><td>104</td><td>111</td><td>132</td><td>133</td><td>92</td><td>97</td><td>84</td><td>88</td><td>105</td><td>86</td><td>85</td><td>97</td></tr><tr><td>Port Angeles, Wash.</td><td>1,235</td><td>1,437</td><td>138</td><td>114</td><td>92</td><td>100</td><td>101</td><td>82</td><td>90</td><td>74</td><td>71</td><td>126</td><td>188</td><td>183</td><td>103</td></tr><tr><td>San Francisco</td><td>551</td><td>530</td><td>46</td><td>54</td><td>34</td><td>32</td><td>39</td><td>50</td><td>51</td><td>39</td><td>42</td><td>37</td><td>39</td><td>41</td><td>34</td></tr><tr><td>Seattle</td><td>1,743</td><td>1,682</td><td>149</td><td>136</td><td>129</td><td>120</td><td>132</td><td>118</td><td>119</td><td>128</td><td>138</td><td>156</td><td>199</td><td>182</td><td>129</td></tr><tr><td>Ashabula</td><td>242</td><td>236</td><td>38</td><td>36</td><td>45</td><td>8</td><td>-</td><td>-</td><td>-</td><td>22</td><td>65</td><td>45</td><td>46</td><td>34</td><td>28</td></tr><tr><td>Buffalo</td><td>346</td><td>455</td><td>73</td><td>49</td><td>77</td><td>18</td><td>1</td><td>-</td><td>-</td><td>6</td><td>36</td><td>49</td><td>40</td><td>48</td><td>44</td></tr><tr><td>Detroit</td><td>759</td><td>1,013</td><td>95</td><td>108</td><td>135</td><td>59</td><td>-</td><td>-</td><td>-</td><td>20</td><td>154</td><td>197</td><td>200</td><td>170</td><td>138</td></tr><tr><td>Rochester</td><td>694</td><td>595</td><td>73</td><td>71</td><td>74</td><td>24</td><td>20</td><td>27</td><td>35</td><td>40</td><td>91</td><td>97</td><td>112</td><td>114</td><td>227</td></tr><tr><td>Toledo</td><td>453</td><td>642</td><td>84</td><td>111</td><td>117</td><td>19</td><td>-</td><td>-</td><td>-</td><td>74</td><td>163</td><td>179</td><td>168</td><td>158</td><td>126</td></tr><tr><td>Other ports</td><td>13,462</td><td>15,370</td><td>1,772</td><td>1,339</td><td>1,158</td><td>695</td><td>590</td><td>570</td><td>653</td><td>750</td><td>1,251</td><td>1,545</td><td>2,112</td><td>2,306</td><td>1,443</td></tr><tr><td>Total</td><td>31,710</td><td>34,192</td><td>3,469</td><td>3,011</td><td>2,829</td><td>2,103</td><td>1,911</td><td>1,869</td><td>2,037</td><td>2,135</td><td>3,055</td><td>3,440</td><td>4,085</td><td>4,206</td><td>3,163</td></tr></table>
<table><tr><th rowspan="2"></th><th colspan="10">Calendar year</th><th colspan="8">1940</th></tr><tr><th>1938</th><th>1939</th><th>Sept.</th><th>Oct.</th><th>Nov.</th><th>Dec.</th><th>Jan.</th><th>Feb.</th><th>Mar.</th><th>Apr.</th><th>May</th><th>June</th><th>July</th><th>Aug.</th><th>Sept.</th></tr><tr><td>Baltimore</td><td>1,442</td><td>1,880</td><td>144</td><td>192</td><td>164</td><td>144</td><td>208</td><td>201</td><td>232</td><td>219</td><td>166</td><td>155</td><td>189</td><td>181</td><td>236</td></tr><tr><td>Boston</td><td>2,795</td><td>2,530</td><td>173</td><td>137</td><td>121</td><td>116</td><td>109</td><td>138</td><td>181</td><td>126</td><td>120</td><td>144</td><td>155</td><td>187</td><td>148</td></tr><tr><td>Miami</td><td>871</td><td>886</td><td>53</td><td>47</td><td>39</td><td>91</td><td>132</td><td>128</td><td>130</td><td>80</td><td>51</td><td>54</td><td>63</td><td>47</td><td>48</td></tr><tr><td>New York</td><td>20,861</td><td>19,566</td><td>1,449</td><td>1,173</td><td>1,224</td><td>1,183</td><td>1,197</td><td>1,234</td><td>1,480</td><td>1,256</td><td>1,279</td><td>1,126</td><td>1,125</td><td>1,254</td><td>985</td></tr><tr><td>Norfolk & Newport News</td><td>1,506</td><td>1,677</td><td>208</td><td>194</td><td>186</td><td>163</td><td>153</td><td>182</td><td>221</td><td>243</td><td>193</td><td>165</td><td>191</td><td>182</td><td>152</td></tr><tr><td>Philadelphia</td><td>1,277</td><td>1,580</td><td>154</td><td>135</td><td>140</td><td>143</td><td>149</td><td>189</td><td>203</td><td>168</td><td>149</td><td>179</td><td>160</td><td>150</td><td>179</td></tr><tr><td>Savannah</td><td>389</td><td>554</td><td>40</td><td>53</td><td>51</td><td>50</td><td>34</td><td>25</td><td>45</td><td>41</td><td>45</td><td>39</td><td>51</td><td>59</td><td>20</td></tr><tr><td>Corpus Christi</td><td>1,120</td><td>1,258</td><td>102</td><td>107</td><td>68</td><td>82</td><td>60</td><td>50</td><td>79</td><td>57</td><td>66</td><td>98</td><td>44</td><td>38</td><td>43</td></tr><tr><td>Galveston</td><td>1,176</td><td>1,354</td><td>127</td><td>126</td><td>100</td><td>103</td><td>106</td><td>99</td><td>80</td><td>96</td><td>115</td><td>81</td><td>69</td><td>60</td><td>80</td></tr><tr><td>Houston</td><td>2,288</td><td>2,230</td><td>203</td><td>196</td><td>142</td><td>155</td><td>130</td><td>143</td><td>110</td><td>89</td><td>118</td><td>55</td><td>104</td><td>90</td><td>94</td></tr><tr><td>Mobile</td><td>871</td><td>542</td><td>27</td><td>24</td><td>34</td><td>17</td><td>37</td><td>46</td><td>39</td><td>49</td><td>56</td><td>49</td><td>76</td><td>37</td><td>56</td></tr><tr><td>New Orleans</td><td>3,296</td><td>3,071</td><td>238</td><td>331</td><td>260</td><td>264</td><td>314</td><td>273</td><td>255</td><td>216</td><td>264</td><td>237</td><td>268</td><td>236</td><td>225</td></tr><tr><td>Port Arthur</td><td>1,583</td><td>1,316</td><td>91</td><td>81</td><td>63</td><td>122</td><td>76</td><td>57</td><td>106</td><td>78</td><td>90</td><td>100</td><td>66</td><td>42</td><td>27</td></tr><tr><td>Los Angeles</td><td>5,206</td><td>5,553</td><td>471</td><td>431</td><td>455</td><td>515</td><td>518</td><td>352</td><td>361</td><td>339</td><td>358</td><td>340</td><td>346</td><td>361</td><td>348</td></tr><tr><td>Port Angeles, Wash.</td><td>932</td><td>889</td><td>94</td><td>60</td><td>57</td><td>52</td><td>59</td><td>57</td><td>56</td><td>54</td><td>58</td><td>97</td><td>143</td><td>148</td><td>84</td></tr><tr><td>San Francisco</td><td>2,154</td><td>2,159</td><td>183</td><td>211</td><td>135</td><td>128</td><td>144</td><td>190</td><td>202</td><td>148</td><td>151</td><td>152</td><td>148</td><td>148</td><td>117</td></tr><tr><td>Seattle</td><td>3,270</td><td>3,198</td><td>284</td><td>230</td><td>232</td><td>245</td><td>244</td><td>201</td><td>206</td><td>221</td><td>239</td><td>254</td><td>338</td><td>357</td><td>278</td></tr><tr><td>Ashabula</td><td>691</td><td>601</td><td>83</td><td>98</td><td>131</td><td>15</td><td>-</td><td>-</td><td>-</td><td>72</td><td>174</td><td>125</td><td>162</td><td>114</td><td>96</td></tr><tr><td>Buffalo</td><td>545</td><td>985</td><td>180</td><td>106</td><td>218</td><td>40</td><td>-</td><td>-</td><td>-</td><td>9</td><td>68</td><td>102</td><td>94</td><td>111</td><td>102</td></tr><tr><td>Detroit</td><td>1,331</td><td>1,538</td><td>185</td><td>176</td><td>177</td><td>45</td><td>-</td><td>-</td><td>-</td><td>15</td><td>154</td><td>244</td><td>269</td><td>262</td><td>224</td></tr><tr><td>Rochester</td><td>1,803</td><td>1,407</td><td>161</td><td>161</td><td>154</td><td>78</td><td>65</td><td>87</td><td>81</td><td>97</td><td>163</td><td>199</td><td>187</td><td>237</td><td>227</td></tr><tr><td>Toledo</td><td>1,179</td><td>1,368</td><td>196</td><td>215</td><td>234</td><td>34</td><td>-</td><td>-</td><td>-</td><td>150</td><td>323</td><td>334</td><td>291</td><td>263</td><td>241</td></tr><tr><td>Other ports</td><td>14,160</td><td>14,104</td><td>1,457</td><td>1,492</td><td>1,686</td><td>752</td><td>627</td><td>627</td><td>570</td><td>926</td><td>1,445</td><td>1,576</td><td>1,801</td><td>1,766</td><td>1,405</td></tr><tr><td>Total</td><td>71,286</td><td>70,306</td><td>6,303</td><td>5,976</td><td>6,071</td><td>4,537</td><td>4,362</td><td>4,279</td><td>4,637</td><td>4,749</td><td>5,845</td><td>5,905</td><td>6,340</td><td>6,330</td><td>5,415</td></tr></table>
52
Commodities Imported Under Quota Provisions
<table><tr><th>Commodity and country</th><th>Quota period</th><th>Unit of quantity</th><th>Established quota</th><th>Quantity imported under quota through Nov. 2, 1940</th></tr><tr><td>Cattle weighing under 200 pounds each.</td><td>Calendar year</td><td>Head</td><td>100,000</td><td>99,902</td></tr><tr><td>Cattle weighing 700 pounds or more each, other than dairy cows:</td><td></td><td></td><td></td><td></td></tr><tr><td>Canada</td><td>Quarter year from Oct. 1, 1940</td><td>Head</td><td>51,720</td><td>15,526</td></tr><tr><td>Other countries</td><td>Quarter year from Oct. 1, 1940</td><td>Head</td><td>6,210</td><td>(Tariff rate quota filled)</td></tr><tr><td>Whole milk, fresh or sour</td><td>Calendar year</td><td>Gallon</td><td>3,000,000</td><td>6,378</td></tr><tr><td>Cream, fresh or sour</td><td>Calendar year</td><td>Gallon</td><td>1,500,000</td><td>920</td></tr><tr><td>Fish, fresh or frozen, filleted, etc., cod, haddock, hake, pollock, cusk and rosefish</td><td>Calendar year</td><td>Pound</td><td>15,000,000</td><td>8,661,041</td></tr><tr><td>White or Irish potatoes:</td><td></td><td></td><td></td><td></td></tr><tr><td>Certified seed</td><td>12 months from Sept. 15, 1940</td><td>Pound</td><td>90,000,000</td><td>2,234,495</td></tr><tr><td>Other</td><td>12 months from Sept. 15, 1940</td><td>Pound</td><td>60,000,000</td><td>147,792</td></tr><tr><td>Silver or black foxes and fur units:</td><td></td><td></td><td></td><td></td></tr><tr><td>Canada</td><td>12 months from Dec. 1, 1939</td><td>Unit</td><td>58,300</td><td>(Import quota filled)</td></tr><tr><td>Other countries</td><td>12 months from Dec. 1, 1939</td><td>Unit</td><td>41,700</td><td>(Import quota filled)</td></tr><tr><td>Cuban filler tobacco, unstemmed or stemmed (other than cigarette leaf tobacco), and scrim tobacco</td><td>Calendar year</td><td>Pound (unstemmed equivalent)</td><td>22,000,000</td><td>17,742,494</td></tr><tr><td>Red cedar shingles</td><td>Calendar year</td><td>Square</td><td>2,371,544</td><td>(Duty-free quota filled)</td></tr><tr><td>Molasses and sugar syrups, containing soluble nonsugar solids equal to more than 6% of total soluble solids</td><td>Calendar year</td><td>Gallon</td><td>1,500,000</td><td>(Tariff rate quota filled)</td></tr><tr><td>Crude petroleum, topped crude petroleum and fuel oil:</td><td></td><td></td><td></td><td></td></tr><tr><td>Venezuela</td><td>Calendar year</td><td>Gallon</td><td>1,869,014,616</td><td>1,240,934,547</td></tr><tr><td>Netherlands and Netherlands Indies</td><td>Calendar year</td><td>Gallon</td><td>527,691,192</td><td>500,511,293</td></tr><tr><td>Colombia</td><td>Calendar year</td><td>Gallon</td><td>103,978,560</td><td>18,376,869</td></tr><tr><td>Other countries</td><td>Calendar year</td><td>Gallon</td><td>98,779,632</td><td>(Tariff rate quota filled)</td></tr><tr><td>Products of Philippine Islands:</td><td></td><td></td><td></td><td></td></tr><tr><td>Coconut oil</td><td>Calendar year</td><td>Pound</td><td>448,000,000</td><td>304,103,295</td></tr><tr><td>Refined sugars</td><td>Calendar year</td><td>Pound</td><td>112,000,000 1/</td><td>107,200,156</td></tr><tr><td>Sugars other than refined</td><td>Calendar year</td><td>Pound</td><td>1,792,000,000 1/</td><td>1,518,577,410</td></tr><tr><td>Cordage</td><td>12 months from May 1, 1940</td><td>Pound</td><td>6,000,000</td><td>2,943,407</td></tr><tr><td>Buttons of pearl or shell</td><td>Calendar year</td><td>Grain</td><td>850,000</td><td>703,403</td></tr><tr><td>Cigars</td><td>Calendar year</td><td>Number</td><td>200,000,000</td><td>163,489,277</td></tr><tr><td>Scrap tobacco and stemmed and unstemmed filler tobacco</td><td>Calendar year</td><td>Pound</td><td>4,500,000</td><td>2,500,229</td></tr></table>
The duty-free quota on Philippine sugars applies to 350,000 long tons, of which not more than 50,000 long tons may be refined sugars.
60
Treasury Department Criminal Cases in the United States District Courts
<table><tr><th></th><th colspan="6">Total by months, April - September 1940</th><th colspan="5">Distribution by originating organization, September 1940</th></tr><tr><th></th><th>April</th><th>May</th><th>June</th><th>July</th><th>Aug.</th><th>Sept.</th><th>Alcohol Tax Unit</th><th>Bureau of Customs</th><th>Bureau of Narcotics</th><th>Secret Service Division</th><th>Income and excise, tax cases of Bureau of Internal Revenue</th></tr><tr><td>Inventory</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Number of cases pending first of month</td><td>20,044</td><td>19,377</td><td>18,386</td><td>17,507</td><td>18,327</td><td>20,465</td><td>16,596</td><td>244</td><td>2,190</td><td>1,064</td><td>391</td></tr><tr><td>New cases</td><td>3,158</td><td>3,128</td><td>2,624</td><td>2,602</td><td>3,052</td><td>2,949</td><td>2,353</td><td>53</td><td>250</td><td>278</td><td>15</td></tr><tr><td>Cases closed</td><td>3,825</td><td>4,119</td><td>3,503</td><td>1,782</td><td>914</td><td>2,053</td><td>1,516</td><td>29</td><td>243</td><td>253</td><td>12</td></tr><tr><td>Number of cases pending end of month</td><td>19,377</td><td>18,386</td><td>17,507</td><td>18,327</td><td>20,465</td><td>21,361</td><td>17,433</td><td>248</td><td>2,197</td><td>1,089</td><td>394</td></tr><tr><td>Net change in cases pending</td><td>-667</td><td>-991</td><td>-879</td><td>+820</td><td>+2,138</td><td>+896</td><td>+837</td><td>+24</td><td>+7</td><td>+25</td><td>+3</td></tr><tr><td>Disposition of cases closed</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Number transferred 2/</td><td>189</td><td>196</td><td>174</td><td>109</td><td>103</td><td>135</td><td>84</td><td>0</td><td>36</td><td>15</td><td>0</td></tr><tr><td>Number released, convicted, and otherwise disposed of 3/</td><td>3,636</td><td>3,923</td><td>3,329</td><td>1,673</td><td>811</td><td>1,918</td><td>1,432</td><td>29</td><td>207</td><td>238</td><td>12</td></tr><tr><td>Total number of cases closed</td><td>3,825</td><td>4,119</td><td>3,503</td><td>1,782</td><td>914</td><td>2,053</td><td>1,516</td><td>29</td><td>243</td><td>253</td><td>12</td></tr><tr><td>Percentage distribution of cases released or convicted</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Percent released</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Before indictment</td><td>20</td><td>12</td><td>13</td><td>25</td><td>24</td><td>17</td><td>19</td><td>31</td><td>14</td><td>9</td><td>4/</td></tr><tr><td>After indictment</td><td>9</td><td>8</td><td>12</td><td>10</td><td>21</td><td>10</td><td>10</td><td>3</td><td>14</td><td>2</td><td>4/</td></tr><tr><td>Aquitted</td><td>5</td><td>6</td><td>5</td><td>3</td><td>4</td><td>3</td><td>3</td><td>0</td><td>0</td><td>2</td><td>4/</td></tr><tr><td>Total released</td><td>34</td><td>26</td><td>30</td><td>38</td><td>49</td><td>30</td><td>32</td><td>34</td><td>28</td><td>13</td><td>4/</td></tr><tr><td>Percent convicted</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Found guilty</td><td>7</td><td>9</td><td>7</td><td>8</td><td>5</td><td>5</td><td>5</td><td>7</td><td>5</td><td>4</td><td>4/</td></tr><tr><td>Pleaded guilty</td><td>59</td><td>65</td><td>63</td><td>54</td><td>46</td><td>65</td><td>63</td><td>59</td><td>67</td><td>83</td><td>4/</td></tr><tr><td>Total convicted</td><td>66</td><td>74</td><td>70</td><td>62</td><td>51</td><td>70</td><td>68</td><td>66</td><td>72</td><td>87</td><td>4/</td></tr><tr><td>Sentences imposed</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Number of convictions</td><td>2,320</td><td>2,808</td><td>2,227</td><td>959</td><td>367</td><td>1,281</td><td>972</td><td>19</td><td>87</td><td>201</td><td>2</td></tr><tr><td>Percent of convictions 5/ resulting in:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Imprisonment</td><td>58</td><td>61</td><td>60</td><td>59</td><td>62</td><td>61</td><td>58</td><td>53</td><td>75</td><td>68</td><td>4/</td></tr><tr><td>Fine</td><td>26</td><td>25</td><td>21</td><td>20</td><td>20</td><td>22</td><td>20</td><td>21</td><td>15</td><td>31</td><td>4/</td></tr><tr><td>Probation 6/</td><td>40</td><td>38</td><td>38</td><td>38</td><td>40</td><td>37</td><td>36</td><td>63</td><td>41</td><td>37</td><td>4/</td></tr><tr><td>Average number of days imprisonment to be served</td><td>425</td><td>355</td><td>376</td><td>502</td><td>629</td><td>392</td><td>276</td><td>541</td><td>699</td><td>716</td><td>624</td></tr><tr><td>Average fine to be paid</td><td>$396</td><td>$584</td><td>$386</td><td>$206</td><td>$683</td><td>$258</td><td>$255</td><td>$3</td><td>$431</td><td>$245</td><td>0</td></tr><tr><td>Total fines to be paid</td><td>$238,686</td><td>$412,577</td><td>$176,915</td><td>$39,053</td><td>$49,866</td><td>$71,641</td><td>$50,562</td><td>$13</td><td>$5,604</td><td>$15,462</td><td>0</td></tr></table>
1/ Comprise criminal cases of the Alcohol Tax Unit of the Bureau of Internal Revenue, the Bureau of Customs, the Bureau of Narcotics, the Secret Service Division, and the income tax and miscellaneous tax cases referred by the Penal Division of the Bureau of Internal Revenue to the Department of Justice with recommendation for criminal prosecution.
2/ Comprise cases transferred to state, local, or other authorities for prosecution and cases closed because of duplicate prosecutions.
3/ Cases "otherwise disposed of" consist of Customs and Narcotics cases in which no arrests were made and Secret Service cases which were disposed of by luncy hearing.
4/ Insufficient cases to warrant showing comparative percentages.
5/ Percentages do not add to 100 because a single conviction may involve more than one type of sentence.
6/ Alcohol Tax Unit figures are based on cases in which a suspended or probationary sentence only was imposed.
<table><tr><td>Treas.</td><td>U.S. Treasury Dept.</td></tr><tr><td>HJ</td><td></td></tr><tr><td>10</td><td>Treasury Bulletin</td></tr><tr><td>.A2</td><td></td></tr><tr><td>1940</td><td></td></tr><tr><td>c.2</td><td></td></tr></table>
<table><tr><td>Treas.</td><td colspan="2">HJ</td></tr><tr><td>10</td><td colspan="2">.A2</td><td>U.S. Treasury Dept.</td></tr><tr><td>AUTHOR</td><td colspan="3">1940 Treasury Bulletin</td></tr><tr><td>TITLE</td><td colspan="3">c.2 Oct. - Dec.</td></tr><tr><td>DATE LOANED</td><td>BORROWER'S NAME</td><td colspan="2">PHONE NUMBER</td></tr><tr><td>1945</td><td>l. E. K.</td><td colspan="2">8430</td></tr><tr><td></td><td></td><td colspan="2"></td></tr><tr><td></td><td></td><td colspan="2"></td></tr></table>
1 0031897