LIBRARY ROOM 350
Copy 1
LIBRARY ROOM 5030 JUN 21 1972 TREASURY DEPARTMENT
Copy 1
BULLETIN
OF THE
TREASURY DEPARTMENT
MAY 1941
Analysis of Receipts and Disbursements
Composition of the Public Debt
Capital Movements and Monetary Data
Other Treasury Statistics
TREASURY DEPARTMENT
OFFICE OF THE SECRETARY
BULLETIN
OF THE TREASURY DEPARTMENT
MAY 1941
Analysis of Receipts and Disbursements Composition of the Public Debt Capital Movements and Monetary Data Other Treasury Statistics
TREASURY DEPARTMENT OFFICE OF THE SECRETARY
Table of Contents
Page
Treasury survey of the ownership of Government securities by large banks and insurance companies, March 31, 1941 1-3
FEDERAL RECEIPTS AND EXPENDITURES
Budget receipts and expenditures 5-8
Social insurance accounts 9-10
Cash income and outgo 11-12
GENERAL FUND OF THE TREASURY
Assets, liabilities, and balance in General Fund 14
PUBLIC DEBT OF THE UNITED STATES
Statement of the outstanding public debt, April 30, 1941 16
Market transactions in Government securities for Treasury investment accounts 16
Composition of the public debt 16-17
Summary distribution by holders of securities issued by the U. S. Government and guaranteed by the U. S. 18
Public debt accounts 18
Treasury financing operations since January 1, 1938 19
Maturity schedule of U. S. Government debt, April 30, 1941 20-21
Computed rate of interest on the public debt 22
Average yields of long-term Treasury bonds and high-grade corporate bonds 22-23
Yields of Treasury bonds and notes, May 15, 1941 24
GOVERNMENTAL CORPORATIONS AND CREDIT AGENCIES OF THE UNITED STATES
Assets and liabilities and proprietary interest, March 31, 1941 26
Sources and uses of funds 27-30
Obligations outstanding guaranteed by the U. S. 31
Financing operations in securities guaranteed by the U. S. 31
Maturity schedule of securities guaranteed by the U. S., April 30, 1941 32
INTERNAL REVENUE STATISTICS
Collections of internal revenue 34-36
(Continued on following page)
Table of Contents - (Continued)
Page
CUSTOMS STATISTICS
<table><tr><td>Customs duties and taxes collected</td><td>38-39</td></tr><tr><td>Commodities imported under quota provisions</td><td>40-41</td></tr></table>
CAPITAL MOVEMENTS BETWEEN THE UNITED STATES AND FOREIGN COUNTRIES
<table><tr><td>Net capital movement between the United States and foreign countries</td><td>43-44</td></tr><tr><td>Short-term foreign liabilities and assets</td><td>45-48</td></tr><tr><td>Foreign security transactions and brokerage balances</td><td>49-51</td></tr><tr><td>Foreign transactions in domestic securities</td><td>52-53</td></tr><tr><td>Foreign exchange transactions</td><td>54-55</td></tr></table>
GOLD AND SILVER STATISTICS
<table><tr><td>Gold assets and liabilities of the Treasury</td><td>57</td></tr><tr><td>Movement of gold to and from the United States</td><td>57</td></tr><tr><td>Monetary stocks of gold and silver</td><td>58-59</td></tr><tr><td>Seigniorage on silver</td><td>60</td></tr><tr><td>Silver production by countries</td><td>60</td></tr><tr><td>Movement of silver to and from the United States</td><td>61</td></tr></table>
OTHER TREASURY STATISTICS
<table><tr><td>Vessels cleared from the United States direct for foreign ports</td><td>63-64</td></tr><tr><td>Treasury Department criminal cases in the U. S. District Courts</td><td>65</td></tr></table>
1
Treasury Survey of the Ownership of Securities Issued or Guaranteed by the United States, March 31, 1941
Covering the Holdings of Large Banks and Insurance Companies
On March 29, 1941, Secretary Morgenthau wrote to the larger banks and insurance companies asking them to report the par amount of each security issued or guaranteed by the Federal Government owned by them on March 31, 1941. This information was requested in order that the Treasury might obtain a comprehensive picture of the ownership of Government securities, with the view to conducting the defense financing program with the greatest facility. The replies to Secretary Morgenthau's letter have been tabulated and the following tables have been made up to present some of the more important data. It should be noted that the reported data do not cover all of the commercial and savings banks and insurance companies in the country. They do cover, however, institutions that account for about 95 percent of the amount of United States Government and Government-guaranteed securities held by all banks and insurance companies.
Table I.- Summary of Ownership by Type of Security, by Call Classes, and by Tax-Exemption Provision
(Par value - in millions of dollars)
<table><tr><th rowspan="2">Classification</th><th rowspan="2">Total amount out-standing</th><th colspan="6">Held by institutions covered in Treasury survey</th><th rowspan="2">Held by all other investors</th></tr><tr><th>Total</th><th colspan="2">6,125 banks</th><th colspan="3">775 insurance companies</th></tr><tr><th></th><th></th><th></th><th>Total</th><th>5,638 commercial banks</th><th>487 mutual savings banks</th><th>Total</th><th>200 life insurance companies</th><th>575 fire, casualty, and marine insurance companies</th></tr><tr><td>A. By type of security</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Treasury bills</td><td>1,604</td><td>645</td><td>611</td><td>566</td><td>45</td><td>34</td><td>1</td><td>32</td><td>959</td></tr><tr><td>Treasury notes</td><td>5,722</td><td>3,360</td><td>3,088</td><td>2,875</td><td>213</td><td>272</td><td>179</td><td>93</td><td>2,362</td></tr><tr><td>Treasury bonds</td><td>29,532</td><td>19,107</td><td>13,276</td><td>10,478</td><td>2,798</td><td>5,831</td><td>4,717</td><td>1,114</td><td>10,425</td></tr><tr><td>Postal savings and pre-war issues</td><td>196</td><td>17</td><td>16</td><td>16</td><td>1</td><td>1</td><td>1</td><td>1</td><td>179</td></tr><tr><td>Guaranteed issues 2/</td><td>5,888</td><td>4,473</td><td>3,899</td><td>3,661</td><td>238</td><td>574</td><td>479</td><td>95</td><td>1,416</td></tr><tr><td>Total</td><td>42,943</td><td>27,602</td><td>20,891</td><td>17,596</td><td>3,295</td><td>6,711</td><td>5,376</td><td>1,335</td><td>15,341</td></tr><tr><td>B. By call classes</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Due or first becoming callable</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Within 1 year</td><td>5,081</td><td>3,159</td><td>2,753</td><td>2,548</td><td>206</td><td>406</td><td>285</td><td>121</td><td>1,923</td></tr><tr><td>1 to 5 years</td><td>15,755</td><td>9,986</td><td>8,239</td><td>7,417</td><td>823</td><td>1,747</td><td>1,364</td><td>383</td><td>5,769</td></tr><tr><td>5 to 10 years</td><td>10,152</td><td>7,059</td><td>5,286</td><td>4,178</td><td>1,108</td><td>1,773</td><td>1,431</td><td>342</td><td>3,093</td></tr><tr><td>10 to 20 years</td><td>11,904</td><td>7,397</td><td>4,611</td><td>3,453</td><td>1,158</td><td>2,786</td><td>2,296</td><td>490</td><td>4,507</td></tr><tr><td>After 20 years</td><td>50</td><td>1</td><td>1</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>49</td></tr><tr><td>Total</td><td>42,943</td><td>27,602</td><td>20,891</td><td>17,596</td><td>3,295</td><td>6,711</td><td>5,376</td><td>1,335</td><td>15,341</td></tr><tr><td>C. By tax exemption provisions</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Wholly exempt from Federal income taxes 3/</td><td>5,590</td><td>2,578</td><td>2,356</td><td>2,196</td><td>159</td><td>222</td><td>126</td><td>97</td><td>3,012</td></tr><tr><td>Partially exempt from Federal income taxes 4/</td><td>33,304</td><td>21,941</td><td>15,788</td><td>13,138</td><td>2,650</td><td>6,153</td><td>4,975</td><td>1,179</td><td>11,363</td></tr><tr><td>Subject to Federal income taxes</td><td>4,049</td><td>3,082</td><td>2,747</td><td>2,262</td><td>486</td><td>335</td><td>275</td><td>60</td><td>966</td></tr><tr><td>Total</td><td>42,943</td><td>27,602</td><td>20,891</td><td>17,596</td><td>3,295</td><td>6,711</td><td>5,376</td><td>1,335</td><td>15,341</td></tr></table>
Note: Figures are rounded to the nearest million and will not necessarily add to totals.
* Less than $500,000.
1/ Public marketable securities include all securities issued except (1) special issues to Government agencies and trust funds, (2) adjusted service bonds, and (3) United States savings bonds. The amount of United States savings bonds reported by the banks and insurance companies covered was $180 millions, maturity value. These were divided as follows: Commercial banks, $165 millions; mutual savings banks, $5 millions; and insurance companies, $10 millions.
2/ Includes (1) FHA debentures, (2) securities issued on the credit of the United States, and (3) obligations sold directly to the Treasury.
3/ Securities the income from which is exempt from both the normal rates and surtax rates of the Federal income tax.
4/ Securities the income from which is exempt only from the normal rates of the Federal income tax. Treasury bonds are classified as partially tax-exempt securities although, by statutory provision, interest derived from $5,000 of principal amount of these securities owned by any single holder is exempt from the surtax rates as well as the normal rates of the Federal income tax.
2
Table II.- Detail of Ownership for Each Issue Outstanding, Classified by Tax-Exemption Provision
(Par value - in millions of dollars)
<table><tr><th>Issue, classified by tax-exemption provision</th><th>Total amount outstanding</th><th colspan="5">Held by institutions covered in Treasury survey</th><th>Held by all other investors</th></tr><tr><th></th><th></th><th>Total</th><th colspan="2">6,125 banks</th><th colspan="3">775 insurance companies</th><th></th></tr><tr><th></th><th></th><th></th><th>Total</th><th>5,638 commercial banks</th><th>487 mutual savings banks</th><th>Total</th><th>200 life insurance companies</th><th>575 fire, casualty, and marine insurance companies</th><th></th></tr><tr><td>I. Wholly exempt from Federal income taxes 2/</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Bills</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>April 1941 maturities</td><td>502</td><td>88</td><td>77</td><td>62</td><td>15</td><td>11</td><td>1</td><td>10</td><td>414</td></tr><tr><td>May 1941 maturities</td><td>401</td><td>123</td><td>112</td><td>99</td><td>14</td><td>11</td><td>*</td><td>11</td><td>278</td></tr><tr><td>Total bills</td><td>903</td><td>211</td><td>189</td><td>161</td><td>28</td><td>22</td><td>1</td><td>21</td><td>692</td></tr><tr><td>Notes</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1-3/8% June 1941</td><td>25</td><td>12</td><td>11</td><td>10</td><td>1</td><td>1</td><td>*</td><td>*</td><td>13</td></tr><tr><td>1-1/4% December 1941</td><td>204</td><td>88</td><td>72</td><td>66</td><td>6</td><td>16</td><td>10</td><td>6</td><td>116</td></tr><tr><td>1-3/4% March 1942</td><td>426</td><td>229</td><td>206</td><td>182</td><td>24</td><td>23</td><td>16</td><td>7</td><td>197</td></tr><tr><td>2% September 1942</td><td>342</td><td>125</td><td>94</td><td>78</td><td>16</td><td>31</td><td>24</td><td>7</td><td>217</td></tr><tr><td>1-3/4% December 1942</td><td>232</td><td>101</td><td>84</td><td>74</td><td>9</td><td>17</td><td>8</td><td>9</td><td>131</td></tr><tr><td>1-1/8% June 1943</td><td>629</td><td>323</td><td>306</td><td>285</td><td>22</td><td>17</td><td>4</td><td>13</td><td>306</td></tr><tr><td>1% September 1943</td><td>280</td><td>199</td><td>193</td><td>185</td><td>8</td><td>6</td><td>3</td><td>2</td><td>81</td></tr><tr><td>1-1/8% December 1943</td><td>421</td><td>190</td><td>152</td><td>140</td><td>12</td><td>38</td><td>30</td><td>8</td><td>231</td></tr><tr><td>1% March 1944</td><td>515</td><td>291</td><td>283</td><td>273</td><td>10</td><td>8</td><td>2</td><td>6</td><td>224</td></tr><tr><td>3/4% June 1944</td><td>416</td><td>257</td><td>250</td><td>243</td><td>8</td><td>7</td><td>4</td><td>4</td><td>159</td></tr><tr><td>1% September 1944</td><td>283</td><td>42</td><td>42</td><td>41</td><td>2</td><td>*</td><td>*</td><td>*</td><td>241</td></tr><tr><td>3/4% March 1945</td><td>718</td><td>492</td><td>456</td><td>442</td><td>14</td><td>36</td><td>22</td><td>14</td><td>226</td></tr><tr><td>Total notes</td><td>4,491</td><td>2,350</td><td>2,151</td><td>2,020</td><td>131</td><td>199</td><td>124</td><td>75</td><td>2,141</td></tr><tr><td>Bonds</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Postal savings</td><td>117</td><td>16</td><td>15</td><td>15</td><td>*</td><td>1</td><td>*</td><td>1</td><td>101</td></tr><tr><td>Panama Canal</td><td>50</td><td>1</td><td>1</td><td>1</td><td>-</td><td>*</td><td>*</td><td>*</td><td>49</td></tr><tr><td>Conversion</td><td>29</td><td>*</td><td>*</td><td>*</td><td>-</td><td>*</td><td>-</td><td>*</td><td>29</td></tr><tr><td>Total bonds</td><td>196</td><td>17</td><td>16</td><td>16</td><td>*</td><td>1</td><td>*</td><td>1</td><td>179</td></tr><tr><td>Total wholly exempt from Federal income taxes</td><td>5,590</td><td>2,578</td><td>2,356</td><td>2,196</td><td>159</td><td>222</td><td>126</td><td>97</td><td>3,012</td></tr><tr><td>II. Partially exempt from Federal income taxes 3/</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Treasury bonds</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>3-1/4% August 1941</td><td>834</td><td>605</td><td>460</td><td>381</td><td>79</td><td>145</td><td>109</td><td>36</td><td>229</td></tr><tr><td>3-3/8% June 1943-47</td><td>454</td><td>249</td><td>187</td><td>134</td><td>54</td><td>62</td><td>49</td><td>13</td><td>205</td></tr><tr><td>3-1/4% October 1943-45</td><td>1,400</td><td>771</td><td>587</td><td>516</td><td>71</td><td>184</td><td>140</td><td>45</td><td>629</td></tr><tr><td>3-1/4% April 1944-46</td><td>1,519</td><td>895</td><td>655</td><td>573</td><td>82</td><td>240</td><td>189</td><td>50</td><td>624</td></tr><tr><td>4% December 1944-54</td><td>1,037</td><td>627</td><td>423</td><td>351</td><td>72</td><td>204</td><td>158</td><td>47</td><td>410</td></tr><tr><td>2-3/4% September 1945-47</td><td>1,214</td><td>777</td><td>551</td><td>464</td><td>87</td><td>226</td><td>178</td><td>47</td><td>437</td></tr><tr><td>2-1/2% December 1945</td><td>541</td><td>416</td><td>322</td><td>288</td><td>33</td><td>94</td><td>66</td><td>27</td><td>125</td></tr><tr><td>2-3/4% March 1946-56</td><td>489</td><td>312</td><td>194</td><td>140</td><td>54</td><td>118</td><td>100</td><td>18</td><td>177</td></tr><tr><td>3% June 1946-48</td><td>1,036</td><td>630</td><td>428</td><td>328</td><td>100</td><td>202</td><td>168</td><td>34</td><td>406</td></tr><tr><td>3-1/8% June 1948-49</td><td>819</td><td>479</td><td>322</td><td>229</td><td>93</td><td>157</td><td>132</td><td>25</td><td>340</td></tr><tr><td>4-1/4% October 1947-52</td><td>759</td><td>407</td><td>235</td><td>137</td><td>97</td><td>172</td><td>112</td><td>60</td><td>352</td></tr><tr><td>2% December 1947</td><td>701</td><td>550</td><td>474</td><td>445</td><td>29</td><td>76</td><td>53</td><td>22</td><td>151</td></tr><tr><td>2-3/4% March 1948-51</td><td>1,224</td><td>901</td><td>655</td><td>506</td><td>149</td><td>246</td><td>208</td><td>38</td><td>323</td></tr><tr><td>2-1/2% September 1948</td><td>451</td><td>357</td><td>279</td><td>252</td><td>27</td><td>78</td><td>67</td><td>11</td><td>94</td></tr><tr><td>2% December 1948-50</td><td>571</td><td>443</td><td>373</td><td>352</td><td>22</td><td>70</td><td>48</td><td>22</td><td>128</td></tr><tr><td>3-1/8% December 1949-52</td><td>491</td><td>377</td><td>214</td><td>128</td><td>85</td><td>163</td><td>127</td><td>36</td><td>114</td></tr><tr><td>2-1/2% December 1949-53</td><td>1,786</td><td>1,162</td><td>900</td><td>711</td><td>189</td><td>262</td><td>219</td><td>44</td><td>624</td></tr><tr><td>2-1/2% September 1950-52</td><td>1,186</td><td>874</td><td>652</td><td>488</td><td>164</td><td>222</td><td>182</td><td>40</td><td>312</td></tr><tr><td>2-3/4% June 1951-54</td><td>1,627</td><td>1,152</td><td>679</td><td>433</td><td>245</td><td>473</td><td>414</td><td>58</td><td>475</td></tr><tr><td>3% September 1951-55</td><td>755</td><td>287</td><td>197</td><td>110</td><td>87</td><td>90</td><td>72</td><td>18</td><td>466</td></tr><tr><td>2-1/4% December 1951-53</td><td>1,118</td><td>771</td><td>702</td><td>608</td><td>94</td><td>69</td><td>52</td><td>17</td><td>347</td></tr><tr><td>2% June 1953-55</td><td>725</td><td>593</td><td>563</td><td>530</td><td>32</td><td>30</td><td>17</td><td>13</td><td>132</td></tr><tr><td>2-1/4% June 1954-56</td><td>681</td><td>517</td><td>381</td><td>322</td><td>59</td><td>136</td><td>109</td><td>27</td><td>164</td></tr><tr><td>2-7/8% March 1955-60</td><td>2,611</td><td>1,055</td><td>489</td><td>298</td><td>192</td><td>566</td><td>464</td><td>102</td><td>1,556</td></tr><tr><td>2-3/4% September 1956-59</td><td>982</td><td>577</td><td>305</td><td>228</td><td>78</td><td>272</td><td>232</td><td>40</td><td>405</td></tr><tr><td>2-3/4% June 1958-63</td><td>919</td><td>661</td><td>254</td><td>195</td><td>59</td><td>407</td><td>140</td><td>67</td><td>258</td></tr><tr><td>2-3/4% December 1960-65</td><td>1,485</td><td>1,026</td><td>409</td><td>330</td><td>79</td><td>617</td><td>489</td><td>127</td><td>459</td></tr><tr><td>Total Treasury bonds</td><td>27,415</td><td>17,468</td><td>11,889</td><td>9,477</td><td>2,412</td><td>5,579</td><td>4,496</td><td>1,083</td><td>9,947</td></tr></table>
(Continued on following page)
3
Table II.- Detail of Ownership for Each Issue Outstanding, Classified by Tax-Exemption Provision (Continued)
(Par value - in millions of dollars)
<table><tr><th>Issue, classified by tax-exemption provisions</th><th>Total amount outstanding</th><th colspan="6">Held by institutions covered in Treasury survey</th><th>Held by all other investors</th></tr><tr><th></th><th></th><th>Total</th><th colspan="2">6,125 banks</th><th colspan="3">775 insurance companies</th><th></th></tr><tr><th></th><th></th><th></th><th>Total</th><th>5,638 commercial banks</th><th>487 mutual savings banks</th><th>Total</th><th>200 life insurance companies</th><th>575 fire, casualty, and marine insurance companies</th><th></th></tr><tr><td>II. Partially exempt from Federal income taxes 3/ (continued)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Guaranteed issues 4/</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Commodity Credit Corporation</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>5/8% August 1941</td><td>203</td><td>175</td><td>147</td><td>141</td><td>6</td><td>28</td><td>20</td><td>9</td><td>28</td></tr><tr><td>1% November 1941</td><td>204</td><td>175</td><td>166</td><td>164</td><td>2</td><td>9</td><td>4</td><td>5</td><td>29</td></tr><tr><td>3/4% May 1943</td><td>289</td><td>252</td><td>244</td><td>241</td><td>3</td><td>8</td><td>4</td><td>4</td><td>37</td></tr><tr><td>Federal Farm Mortgage Corporation</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>3% January 1942-47</td><td>236</td><td>155</td><td>104</td><td>91</td><td>13</td><td>51</td><td>47</td><td>4</td><td>81</td></tr><tr><td>2-3/4% March 1942-47</td><td>103</td><td>85</td><td>67</td><td>57</td><td>10</td><td>18</td><td>17</td><td>1</td><td>18</td></tr><tr><td>3-1/4% March 1944-61</td><td>95</td><td>58</td><td>26</td><td>16</td><td>10</td><td>32</td><td>30</td><td>2</td><td>37</td></tr><tr><td>3% May 1944-49</td><td>835</td><td>511</td><td>352</td><td>316</td><td>36</td><td>159</td><td>146</td><td>13</td><td>324</td></tr><tr><td>Home Owners' Loan Corporation</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>5/8% May 1941</td><td>191</td><td>154</td><td>132</td><td>129</td><td>3</td><td>22</td><td>20</td><td>2</td><td>37</td></tr><tr><td>2-1/4% July 1942-44</td><td>875</td><td>745</td><td>720</td><td>692</td><td>28</td><td>25</td><td>12</td><td>13</td><td>130</td></tr><tr><td>3% May 1944-52</td><td>779</td><td>362</td><td>267</td><td>193</td><td>74</td><td>95</td><td>85</td><td>10</td><td>417</td></tr><tr><td>1-1/2% June 1945-47</td><td>755</td><td>653</td><td>602</td><td>574</td><td>28</td><td>51</td><td>43</td><td>8</td><td>102</td></tr><tr><td>Reconstruction Finance Corporation</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>7/8% July 1941</td><td>211</td><td>187</td><td>184</td><td>178</td><td>6</td><td>3</td><td>1</td><td>2</td><td>24</td></tr><tr><td>7/8% November 1941</td><td>300</td><td>257</td><td>216</td><td>215</td><td>2</td><td>41</td><td>27</td><td>15</td><td>43</td></tr><tr><td>7/8% January 1942</td><td>310</td><td>278</td><td>265</td><td>258</td><td>8</td><td>13</td><td>11</td><td>3</td><td>32</td></tr><tr><td>1% July 1942</td><td>276</td><td>227</td><td>214</td><td>208</td><td>6</td><td>13</td><td>9</td><td>4</td><td>49</td></tr><tr><td>United States Housing Authority</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1/4% November 1941</td><td>112</td><td>96</td><td>95</td><td>95</td><td>1</td><td>1</td><td>1</td><td>*</td><td>16</td></tr><tr><td>1-3/8% February 1941</td><td>114</td><td>101</td><td>97</td><td>94</td><td>2</td><td>4</td><td>2</td><td>2</td><td>13</td></tr><tr><td>Total guaranteed issues</td><td>5,888</td><td>4,473</td><td>3,899</td><td>3,661</td><td>238</td><td>574</td><td>479</td><td>96</td><td>1,415</td></tr><tr><td>Total partially exempt from Federal income taxes</td><td>33,304</td><td>21,941</td><td>15,788</td><td>13,138</td><td>2,650</td><td>6,153</td><td>4,975</td><td>1,179</td><td>11,363</td></tr><tr><td>III. Subject to Federal income taxes</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Bills</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>June 1941 maturities</td><td>701</td><td>433</td><td>422</td><td>405</td><td>17</td><td>11</td><td>-</td><td>11</td><td>268</td></tr><tr><td>Notes</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>3/4% March 1943</td><td>65</td><td>17</td><td>15</td><td>14</td><td>1</td><td>2</td><td>2</td><td>*</td><td>48</td></tr><tr><td>3/4% September 1944</td><td>635</td><td>534</td><td>502</td><td>461</td><td>42</td><td>32</td><td>25</td><td>7</td><td>101</td></tr><tr><td>3/4% December 1945</td><td>531</td><td>459</td><td>420</td><td>381</td><td>39</td><td>39</td><td>28</td><td>11</td><td>72</td></tr><tr><td>Total notes</td><td>1,231</td><td>1,010</td><td>938</td><td>856</td><td>82</td><td>72</td><td>54</td><td>18</td><td>221</td></tr><tr><td>Treasury bonds</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>2% March 1948-50</td><td>1,115</td><td>880</td><td>755</td><td>602</td><td>153</td><td>125</td><td>115</td><td>10</td><td>235</td></tr><tr><td>2-1/2% March 1952-54</td><td>1,002</td><td>758</td><td>632</td><td>399</td><td>233</td><td>126</td><td>106</td><td>21</td><td>244</td></tr><tr><td>Total Treasury bonds</td><td>2,117</td><td>1,638</td><td>1,387</td><td>1,001</td><td>386</td><td>251</td><td>221</td><td>31</td><td>479</td></tr><tr><td>Total subject to Federal income taxes</td><td>4,049</td><td>3,082</td><td>2,747</td><td>2,262</td><td>486</td><td>335</td><td>275</td><td>60</td><td>966</td></tr><tr><td>17. Grand total</td><td>42,943</td><td>27,602</td><td>20,891</td><td>17,596</td><td>3,295</td><td>6,711</td><td>5,376</td><td>1,335</td><td>15,341</td></tr></table>
Note: Figures are rounded to the nearest million and will not necessarily add to totals.
* Less than $500,000.
1/ Public marketable securities include all securities issued except (1) special issues to Government agencies and trust funds, (2) adjusted service bonds, and (3) United States savings bonds. The amount of United States savings bonds reported by the banks and insurance companies covered was $180 millions, maturity value. These were divided as follows: Commercial banks, $165 millions; mutual savings banks, $5 millions; and insurance companies,$10 millions.
2/ Securities the income from which is exempt from both the normal rates and surtax rates of the Federal income tax.
3/ Securities the income from which is exempt only from the normal rates of the Federal income tax. Treasury bonds are classified as partially tax-exempt securities although, by statutory provision, interest derived from $5,000 of principal amount of these securities owned by any single holder is exempt from the surtax rates as well as the normal rates of the Federal income tax.
4/ Excludes (1) FRA debentures, (2) securities issued on the credit of the United States, and (3) obligations sold directly to the Treasury.
FEDERAL RECEIPTS AND EXPENDITURES
4
5
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 rowspan="2"></th><th colspan="6">Public Debt</th></tr><tr><th colspan="6">First 10 months, fiscal years 1936 to 1941</th><th colspan="3">Outstanding on April 30</th><th colspan="2">Change Apr. 30, 1940 to Apr. 30, 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>Change 1940 to 1941</th><th>1936</th><th>1937</th><th>1938</th><th>1939</th><th>1940</th><th>1941</th></tr><tr><td>Receipts......</td><td>3,331</td><td>3,911</td><td>4,708</td><td>4,261</td><td>4,338</td><td>5,937</td><td>+1,599</td><td>Public issues, etc.</td><td>30,693</td><td>34,059</td><td>35,009</td><td>36,571</td><td>38,162</td><td>41,524</td><td>+3,362</td></tr><tr><td>Expenditures....</td><td>5,552</td><td>6,410</td><td>5,743</td><td>7,117</td><td>7,465</td><td>10,041</td><td>+2,576</td><td>Special issues.....</td><td>732</td><td>882</td><td>2,501</td><td>3,492</td><td>4,496</td><td>5,707</td><td>+1,211</td></tr><tr><td>Net deficit....</td><td>2,221</td><td>2,499</td><td>1,035</td><td>2,856</td><td>3,127</td><td>4,104</td><td>+977</td><td>Gross debt......</td><td>31,425</td><td>34,941</td><td>37,510</td><td>40,063</td><td>42,658</td><td>47,231</td><td>+4,573</td></tr></table>
Source: Daily Treasury Statements. 1/ Excludes public debt retirements and trust fund receipts and expenditures.
Budget Receipts and Expenditures
(In millions of dollars)
<table><tr><th></th><th colspan="7">First 10 months, fiscal years 1936 to 1941</th><th colspan="5">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>Change: 1940 to 1941</th><th>Actual 1939</th><th>Estimated 1/1940</th><th>Actual 1939 to actual 1940</th><th>Actual 1940 to estimated 1941 1/</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></tr><tr><td>Income tax</td><td>1,081</td><td>1,504</td><td>2,044</td><td>1,784</td><td>1,621</td><td>2,490</td><td>+869</td><td>2,189</td><td>2,125</td><td>3,055</td><td>-64</td><td>+930</td></tr><tr><td>Miscellaneous Internal Revenue</td><td>1,687</td><td>1,802</td><td>1,925</td><td>1,852</td><td>1,965</td><td>2,448</td><td>+483</td><td>2,232</td><td>2,345</td><td>2,871</td><td>+113</td><td>+526</td></tr><tr><td>Social Security taxes</td><td>-</td><td>140</td><td>494</td><td>509</td><td>577</td><td>627</td><td>+50</td><td>631</td><td>712</td><td>756</td><td>+81</td><td>+44</td></tr><tr><td>Taxo upon carriers and their employees</td><td>-</td><td>-</td><td>124</td><td>82</td><td>89</td><td>103</td><td>+14</td><td>109</td><td>121</td><td>135</td><td>+12</td><td>+14</td></tr><tr><td>Customs</td><td>324</td><td>398</td><td>315</td><td>269</td><td>294</td><td>312</td><td>+18</td><td>319</td><td>349</td><td>302</td><td>+30</td><td>-47</td></tr><tr><td>Return of surplus funds from Government corporations</td><td>-</td><td>-</td><td>-</td><td>-</td><td>10</td><td>310</td><td>+300</td><td>-</td><td>54</td><td>361</td><td>+54</td><td>+307</td></tr><tr><td>Other</td><td>239</td><td>187</td><td>191</td><td>162</td><td>185</td><td>160</td><td>-25</td><td>188</td><td>219</td><td>173</td><td>+31</td><td>-46</td></tr><tr><td>Total receipts</td><td>3,331</td><td>4,091</td><td>5,093</td><td>4,658</td><td>4,741</td><td>6,450</td><td>+1,709</td><td>5,668</td><td>5,925</td><td>7,653</td><td>+257</td><td>+1,728</td></tr><tr><td>Less amounts transferred to Federal Old-Age and Survivors Insurance Trust Fund 2/</td><td>-</td><td>180</td><td>385</td><td>397</td><td>403</td><td>513</td><td>+110</td><td>503</td><td>538</td><td>640</td><td>+35</td><td>+102</td></tr><tr><td>Net receipts</td><td>3,331</td><td>3,911</td><td>4,708</td><td>4,261</td><td>4,338</td><td>5,937</td><td>+1,599</td><td>5,165</td><td>5,387</td><td>7,013</td><td>+222</td><td>+1,626</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>745</td><td>772</td><td>841</td><td>956</td><td>1,252</td><td>4,404 3/</td><td>+3,152</td><td>1,163</td><td>1,559</td><td>6,404 4/</td><td>+396</td><td>+4,905</td></tr><tr><td>Veterans' Administration</td><td>579</td><td>539</td><td>486</td><td>464</td><td>464</td><td>460</td><td>-4</td><td>557</td><td>557</td><td>565</td><td>-</td><td>+8</td></tr><tr><td>Social Security and E. R. Retirement Acts 2/</td><td>9</td><td>152</td><td>387</td><td>402</td><td>404</td><td>535</td><td>+71</td><td>454</td><td>513</td><td>563</td><td>+59</td><td>+50</td></tr><tr><td>Agricultural Adjustment Program 5/</td><td>438</td><td>446</td><td>254</td><td>603</td><td>903</td><td>891</td><td>-12</td><td>782</td><td>1,017</td><td>962</td><td>+235</td><td>-55</td></tr><tr><td>Interest on the public debt</td><td>610</td><td>604</td><td>684</td><td>658</td><td>726</td><td>760</td><td>+34</td><td>941</td><td>1,041</td><td>1,100</td><td>+100</td><td>+59</td></tr><tr><td>Public Works 6/</td><td>572</td><td>824</td><td>688</td><td>796</td><td>749</td><td>623</td><td>-126</td><td>948</td><td>869</td><td>732</td><td>-79</td><td>-137</td></tr><tr><td>Unemployment relief</td><td>1,882</td><td>2,058</td><td>1,527</td><td>2,191</td><td>1,599</td><td>1,460</td><td>-139</td><td>2,595</td><td>1,919</td><td>1,792</td><td>-676</td><td>-127</td></tr><tr><td>Loans and stock subscriptions</td><td>5</td><td>159</td><td>87</td><td>169</td><td>199</td><td>61</td><td>-138</td><td>212</td><td>241</td><td>107</td><td>+29</td><td>-134</td></tr><tr><td>Return of surplus funds from Government corporations</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-203</td><td>-203</td><td>-</td><td>-</td><td>-339</td><td>-</td><td>-339</td></tr><tr><td>Other</td><td>712</td><td>796</td><td>789</td><td>878</td><td>1,109</td><td>1,050</td><td>-59</td><td>1,055</td><td>1,282</td><td>1,256</td><td>+227</td><td>-26</td></tr><tr><td>Total expenditures</td><td>5,552</td><td>6,410</td><td>5,743</td><td>7,117</td><td>7,465</td><td>10,041</td><td>+2,576</td><td>8,707</td><td>8,998</td><td>13,202</td><td>+291</td><td>+4,204</td></tr><tr><td>Net deficit</td><td>2,221</td><td>2,499</td><td>1,035</td><td>2,856</td><td>3,127</td><td>4,104</td><td>+977</td><td>3,542</td><td>3,611</td><td>6,189</td><td>+69</td><td>+2,578</td></tr></table>
Source: Daily Treasury Statements, except as noted.
1/ Estimates for the fiscal year 1941 have been revised to accord with figures appearing in the Budget which was submitted to Congress by the President on January 3, 1941.
2/ In the fiscal year 1941 amounts representing appropriations equal to collections of Social Security taxes under the Federal Insurance Contributions Act for old-age insurance (less reimbursements to the general fund for administrative expenses) are deducted from total budget receipts in the Daily Treasury Statement. These 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 items which were for national defense purposes as follows: (1) expenditures from appropriations of $478 millions for civil activities and (2) amounts expended by the Reconstruction Finance Corporation for loans and investments.
4/ Includes $304 millions for civil activities in connection with national defense which are included with non-defense expenditures in the Daily Treasury Statement.
5/ Excludes subscriptions to capital stock of Federal Crop Insurance Corporation.
6/ Excludes loans shown under "Loans and stock subscriptions".
Means of Financing the Deficit
(In millions of dollars)
<table><tr><th rowspan="2"></th><th colspan="5">First 10 months, fiscal years 1936 to 1941</th><th colspan="3">Complete fiscal years, 1939 to 1941</th></tr><tr><th>1936</th><th>1937</th><th>1938</th><th>1939</th><th>1940</th><th>1941</th><th>Actual</th><th>Estimated 1/1</th></tr><tr><td>Not deficit</td><td>2,221</td><td>2,499</td><td>1,035</td><td>2,856</td><td>3,127</td><td>4,104</td><td>3,542</td><td>3,611</td><td>6,189</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>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>Public issues, etc.</td><td>2,625</td><td>906</td><td>142</td><td>2,082</td><td>1,492</td><td>3,332</td><td>2,180</td><td>1,523</td><td>4,901</td></tr><tr><td>Special issues</td><td>99</td><td>256</td><td>943</td><td>816</td><td>726</td><td>932</td><td>1,094</td><td>1,005</td><td>1,288</td></tr><tr><td>Total increase in public debt</td><td>2,724</td><td>1,162</td><td>1,085</td><td>2,898</td><td>2,218</td><td>4,264</td><td>3,274</td><td>2,528</td><td>6,189</td></tr><tr><td>Net decrease in working balance, general and special accounts 2/</td><td>-503</td><td>1,337</td><td>-50</td><td>42</td><td>909</td><td>-160</td><td>268</td><td>1,083</td><td>-</td></tr><tr><td>Total means of financing</td><td>2,221</td><td>2,499</td><td>1,035</td><td>2,856</td><td>3,127</td><td>4,104</td><td>3,542</td><td>3,611</td><td>6,189</td></tr></table>
Source: Daily Treasury Statements, except as noted.
1/ Estimates for the fiscal year 1941 have been revised to accord with figures appearing in the Budget which was submitted to Congress by the President on January 3, 1941.
2/ Negative figures represent a net increase.
6
BUDGET RECEIPTS AND EXPENDITURES
7
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>Dec.</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>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>232</td><td>286</td><td>823</td><td>5,798</td></tr><tr><td>1938</td><td>234</td><td>308</td><td>917</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>213</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>362</td><td>740</td><td>5,834</td></tr><tr><td>1941</td><td>340</td><td>541</td><td>1,567</td><td>565</td><td></td><td></td><td></td><td></td><td></td><td></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>1936</td><td>538</td><td>489</td><td>644</td><td>646</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>9,304</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>709</td><td>632</td><td>567</td><td>937</td><td>725</td><td>645</td><td>732</td><td>739</td><td>646</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>8,938</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>818</td><td>1,187</td><td>9,800</td></tr><tr><td>1941</td><td>1,118</td><td>1,077</td><td>1,401</td><td>1,316</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Groes 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>1936</td><td>310</td><td>271</td><td>-108</td><td>417</td><td>437</td><td>1,909</td><td>367</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>453</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>456</td><td>447</td><td>3,966</td></tr><tr><td>1941</td><td>778</td><td>536</td><td>-166</td><td>751</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table>
Source: Daily Treasury Statements.
1/ In the fiscal year 1941 amounts representing appropriations equal to collections of Social Security taxes under the Federal Insurance Contributions Act for old-age insurance (less reimbursements to the general fund for administrative expenses) are deducted from total budget receipts. These 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 not 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 Fund" 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 rowspan="2">Fiscal year or month</th><th colspan="5">Receipts 1/</th><th colspan="4">Expenditures</th><th rowspan="2">Gross deficit</th></tr><tr><th>Total</th><th colspan="3">Internal revenue</th><th>Customs</th><th>Other</th><th>Total</th><th>General (including recovery and reliver)</th><th>Revolving fund (net)</th><th>Transfers to trust accounts, etc. 1/</th><th>Debt retirement</th></tr><tr><td></td><td></td><td>Total</td><td>Income tax</td><td>Other</td><td></td><td></td><td></td><td></td><td></td><td></td></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>2,041</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>7,170</td><td>204</td><td>603</td><td>104</td><td>3,252</td></tr><tr><td>1938</td><td>5,855</td><td>5,285</td><td>2,640</td><td>2,048</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>5,165</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 2/</td><td>4,765 2/</td><td>2,125</td><td>2,640 2/</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 2/</td></tr><tr><td>1940-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 2/</td><td>560 2/</td><td>464</td><td>96 2/</td><td>28</td><td>61</td><td>934</td><td>883</td><td>3</td><td>-</td><td>47</td><td>285 2/</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>447</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><tr><td>November</td><td>362</td><td>316</td><td>49</td><td>267</td><td>28</td><td>18</td><td>818</td><td>820</td><td>-23</td><td>20</td><td>1</td><td>456</td></tr><tr><td>December</td><td>740</td><td>692</td><td>429</td><td>263</td><td>30</td><td>18</td><td>1,187</td><td>1,172</td><td>-</td><td>-</td><td>15</td><td>447</td></tr><tr><td>1941-January</td><td>340</td><td>288</td><td>63</td><td>225</td><td>33</td><td>19</td><td>1,118</td><td>1,091</td><td>2</td><td>18</td><td>7</td><td>778</td></tr><tr><td>February</td><td>541</td><td>369</td><td>104</td><td>265</td><td>32</td><td>140</td><td>1,077</td><td>1,054</td><td>1</td><td>20</td><td>2</td><td>536</td></tr><tr><td>March</td><td>1,567</td><td>1,513</td><td>1,208</td><td>305</td><td>40</td><td>14</td><td>1,401</td><td>1,388</td><td>1</td><td>10</td><td>2</td><td>-166</td></tr><tr><td>April</td><td>565</td><td>325</td><td>75</td><td>250</td><td>49</td><td>191</td><td>1,316</td><td>1,295</td><td>2</td><td>18</td><td>1</td><td>751</td></tr></table>
Source: Daily Treasury Statements.
1/ Set 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 Fund" and to bring classification into agreement with accounts.
8
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>566</td><td>911</td><td>578</td><td>496</td><td>1,264</td><td>647</td><td>533</td><td>486</td><td>29</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>184</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>1940-April</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>August</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>September</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>October</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><tr><td>November</td><td>820</td><td>63</td><td>376</td><td>46</td><td>-</td><td>105</td><td>75</td><td>108</td><td>20</td><td>37</td><td>11</td><td>-21</td></tr><tr><td>December</td><td>1,172</td><td>61</td><td>473</td><td>46</td><td>-</td><td>115</td><td>65</td><td>109</td><td>23</td><td>19</td><td>219</td><td>42</td></tr><tr><td>1941-January</td><td>1,091</td><td>65</td><td>572</td><td>45</td><td>-</td><td>107</td><td>52</td><td>103</td><td>21</td><td>53</td><td>25</td><td>48</td></tr><tr><td>February</td><td>1,054</td><td>51</td><td>592</td><td>45</td><td>-</td><td>103</td><td>48</td><td>96</td><td>18</td><td>30</td><td>21</td><td>50</td></tr><tr><td>March</td><td>1,388</td><td>64</td><td>745</td><td>46</td><td>-</td><td>113</td><td>48</td><td>102</td><td>22</td><td>37</td><td>150</td><td>61</td></tr><tr><td>April</td><td>1,295</td><td>64</td><td>761</td><td>46</td><td>-</td><td>106</td><td>43</td><td>71</td><td>21</td><td>50</td><td>73</td><td>60</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 Certificates Fund</th><th>Advances to Railroad Unemployment Insurance Account</th><th>Government Employee's 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>1,614</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>-8</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>1940-April</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>4</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>August</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>September</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>October</td><td>-5</td><td>-11</td><td>6</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>November</td><td>-23</td><td>-26</td><td>3</td><td>20</td><td>20</td><td>-</td><td>-</td><td>-</td></tr><tr><td>December</td><td>-*</td><td>-1</td><td>*</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1941-January</td><td>2</td><td>-*</td><td>2</td><td>18</td><td>10</td><td>-</td><td>8</td><td>-</td></tr><tr><td>February</td><td>1</td><td>-*</td><td>1</td><td>20</td><td>20</td><td>-</td><td>-</td><td>-</td></tr><tr><td>March</td><td>1</td><td>-*</td><td>2</td><td>10</td><td>10</td><td>-</td><td>-</td><td>-</td></tr><tr><td>April</td><td>2</td><td>*</td><td>2</td><td>18</td><td>8</td><td>10</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.
9
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 rowspan="2">Net receipts</th><th colspan="5">Expenditures</th><th rowspan="2">Excess of expenditures</th></tr><tr><th>Total</th><th>Federal Insurance Contributions Act (Old-age insurance)</th><th>Federal Unemployment Tax Act (Unemployment insurance)</th><th>Less amounts credited to Federal Old-Age and Survivors Insurance Trust Fund 1/</th><th>Total</th><th>Administrative expenses 2/</th><th>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>604.4</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>1940-April</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>61.8</td></tr><tr><td>August</td><td>132.0</td><td>123.8</td><td>8.1</td><td>119.2</td><td>12.8</td><td>34.8</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>September</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>October</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><tr><td>November</td><td>133.1</td><td>125.1</td><td>8.0</td><td>122.7</td><td>10.4</td><td>36.9</td><td>2.7</td><td>34.0</td><td>33.8</td><td>.2</td><td>.2</td><td>26.5</td></tr><tr><td>December</td><td>3.7</td><td>3.1</td><td>.6</td><td>.7</td><td>3.0</td><td>19.0</td><td>2.6</td><td>16.2</td><td>15.9</td><td>.3</td><td>.2</td><td>16.0</td></tr><tr><td>1941-January</td><td>46.0</td><td>33.9</td><td>12.1</td><td>31.8</td><td>14.2</td><td>53.3</td><td>2.5</td><td>50.7</td><td>37.2</td><td>13.5</td><td>.2</td><td>39.2</td></tr><tr><td>February</td><td>187.9</td><td>134.4</td><td>53.5</td><td>132.3</td><td>55.6</td><td>29.8</td><td>2.4</td><td>27.2</td><td>25.0</td><td>2.2</td><td>.2</td><td>-25.8</td></tr><tr><td>March</td><td>3.5</td><td>2.6</td><td>.9</td><td>.5</td><td>3.0</td><td>36.4</td><td>2.7</td><td>33.5</td><td>33.2</td><td>.3</td><td>.2</td><td>33.4</td></tr><tr><td>April</td><td>41.7</td><td>39.2</td><td>2.5</td><td>37.0</td><td>4.7</td><td>49.4</td><td>2.6</td><td>46.5</td><td>34.0</td><td>12.5</td><td>.3</td><td>44.7</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 of the Treasury 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, which are shown as an expenditure in table below.
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 authorization of August 24, 1937, for making refund to certain States of portions of Federal employers' tax for 1936 collected under Title IX 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 of the Treasury.
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 expenses</th><th>Total investments</th><th>To credit of Trust Fund on books of Treasury</th><th>To credit of disbursing officers</th></tr><tr><td>1936</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>267.1</td><td>1.1</td></tr><tr><td>1937</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>1938</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>1.1</td></tr><tr><td>1939</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>6.1</td></tr><tr><td>1940-September</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>December</td><td>2,117.5</td><td>2,030.0</td><td>2,030.0</td><td>-</td><td>87.5</td><td>86.8</td><td>60.6</td><td>26.2</td><td>2,030.7</td><td>2,016.5</td><td>3.8</td></tr><tr><td>1941-January</td><td>2,151.6</td><td>2,063.9</td><td>2,063.9</td><td>-</td><td>87.7</td><td>94.3</td><td>66.0</td><td>28.3</td><td>2,057.3</td><td>2,006.5</td><td>35.8</td></tr><tr><td>February</td><td>2,286.1</td><td>2,198.4</td><td>2,198.4</td><td>-</td><td>87.7</td><td>102.3</td><td>71.9</td><td>30.4</td><td>2,183.8</td><td>2,001.5</td><td>168.2</td></tr><tr><td>March</td><td>2,288.9</td><td>2,200.9</td><td>2,200.9</td><td>-</td><td>88.0</td><td>111.1</td><td>78.6</td><td>32.5</td><td>2,177.8</td><td>2,161.3</td><td>4.2</td></tr><tr><td>April</td><td>2,328.4</td><td>2,240.2</td><td>2,240.2</td><td>-</td><td>88.2</td><td>120.1</td><td>85.4</td><td>34.7</td><td>2,208.3</td><td>2,151.3</td><td>41.5</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>15.5</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.
10
Receipts and Expenditures Under Railroad Retirement and Railroad Unemployment Insurance Acts, General Fund Accounts
(In millions of dollars)
<table><tr><th rowspan="2">Fiscal year or month</th><th rowspan="2">Receipts Total</th><th colspan="5">Expenditures</th><th rowspan="2">Excess of expenditures 2/</th></tr><tr><th>Total</th><th>Administrative expenses 1/</th><th>Transfers to Railroad Retirement account (Trust account)</th><th>Advances to Railroad Un-employment In- sureance Account</th><th>Transfers to Railroad Un- employment In- sureance Account</th></tr><tr><td>1936</td><td>-</td><td>.3</td><td>.3</td><td>-</td><td>-</td><td>-</td><td>.3</td></tr><tr><td>1937</td><td>.4</td><td>1.5</td><td>1.2</td><td>-</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>-</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>-</td><td>1.1</td></tr><tr><td>1940</td><td>125.9</td><td>128.3</td><td>7.6</td><td>120.7</td><td>-</td><td>-</td><td>2.4</td></tr><tr><td>1940-April</td><td>.3</td><td>20.4</td><td>.4</td><td>20.0</td><td>-</td><td>-</td><td>20.1</td></tr><tr><td>May</td><td>5.9</td><td>.2</td><td>.7</td><td>3.5</td><td>-</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>-</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>-</td><td>20.0</td></tr><tr><td>August</td><td>7.2</td><td>26.6</td><td>.6</td><td>26.0</td><td>-</td><td>-</td><td>19.4</td></tr><tr><td>September</td><td>26.1</td><td>10.5</td><td>.5</td><td>10.0</td><td>-</td><td>-</td><td>-15.6</td></tr><tr><td>October</td><td>.4</td><td>.5</td><td>.5</td><td>-</td><td>-</td><td>-</td><td>.1</td></tr><tr><td>November</td><td>4.9</td><td>20.5</td><td>.5</td><td>20.0</td><td>-</td><td>-</td><td>15.6</td></tr><tr><td>December</td><td>30.8</td><td>.5</td><td>.5</td><td>-</td><td>-</td><td>-</td><td>-30.2</td></tr><tr><td>1941-January</td><td>.6</td><td>18.0</td><td>.5</td><td>10.0</td><td>-</td><td>7.5</td><td>17.4</td></tr><tr><td>February</td><td>5.5</td><td>20.6</td><td>.6</td><td>20.0</td><td>-</td><td>-</td><td>15.1</td></tr><tr><td>March</td><td>30.6</td><td>10.5</td><td>.5</td><td>10.0</td><td>-</td><td>-</td><td>-20.1</td></tr><tr><td>April</td><td>1.4</td><td>9.0</td><td>.7</td><td>8.3</td><td>-</td><td>-</td><td>7.6</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 of the Treasury.
Receipts and Expenditures, Railroad Retirement Account (Trust Account)
(Cumulative - In millions of dollars)
<table><tr><th rowspan="2">End of fiscal year or month</th><th colspan="4">Receipts</th><th rowspan="2">Expenditures Benefit payments</th><th colspan="4">Balance</th></tr><tr><th>Total receipts</th><th colspan="2">Appropriations by Congress</th><th>Interest on investments</th><th>Total</th><th>Investments</th><th>To credit of appropriations</th><th>Unexpended To credit of disbursing officer</th></tr><tr><th></th><th></th><th>Total</th><th>Transfers from General Fund</th><th>Balance available for transfers</th><th></th><th></th><th></th><th></th><th></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>-</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>-</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>66.2</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>67.2</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>79.4</td><td>10.8</td><td>1.8</td></tr><tr><td>1940-September</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>85.4</td><td>77.4</td><td>22.2</td></tr><tr><td>December</td><td>504.4</td><td>498.5</td><td>450.2</td><td>48.3</td><td>5.9</td><td>145.9</td><td>85.4</td><td>48.4</td><td>12.1</td></tr><tr><td>1941-January</td><td>504.4</td><td>498.5</td><td>460.2</td><td>38.3</td><td>5.9</td><td>136.0</td><td>85.4</td><td>38.5</td><td>12.1</td></tr><tr><td>February</td><td>504.4</td><td>498.5</td><td>480.2</td><td>18.3</td><td>5.9</td><td>126.0</td><td>85.4</td><td>18.5</td><td>22.1</td></tr><tr><td>March</td><td>504.4</td><td>498.5</td><td>490.2</td><td>8.3</td><td>5.9</td><td>115.8</td><td>85.4</td><td>8.5</td><td>21.9</td></tr><tr><td>April</td><td>504.4</td><td>498.5</td><td>498.5</td><td>-</td><td>5.9</td><td>105.4</td><td>85.4</td><td>.1</td><td>19.9</td></tr></table>
Sources: Daily Treasury Statements. 1/ Includes balance of appropriation available for transfers subsequent to June 30, 1937.
Receipts and Expenditures, Unemployment Trust Fund
(Cumulative - in millions of dollars)
<table><tr><th>End of fiscal year or month</th><th colspan="5">Receipts</th><th colspan="4">Expenditures</th><th colspan="3">Balance</th></tr><tr><th></th><th>Total receipts</th><th>Deposits by States</th><th>Deposits by Railroad Retirement Board</th><th>Advanced from unemployment Insurance Administration Fund</th><th>Transfers from Railroad Unemployment Insurance Fund</th><th>Interest on investments</th><th>Total expenditures</th><th>Withdrawals by States</th><th>Railroad Unemployment Insurance Account benefit payments</th><th>Repayment of advance</th><th>Total investments</th><th>Unexpended balances</th><th>Disbursing account 2/</th></tr><tr><td>1936</td><td>18.9</td><td>18.9</td><td>-</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><td>-</td></tr><tr><td>1937</td><td>313.4</td><td>310.6</td><td>-</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><td>-</td></tr><tr><td>1938</td><td>1,076.2</td><td>1,058.2</td><td>-</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><td>-</td></tr><tr><td>1939</td><td>1,914.3</td><td>1,869.5</td><td>-</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><td>-</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>-</td><td>82.6</td><td>1,146.3</td><td>1,116.7</td><td>14.6</td><td>15.0</td><td>1,724.8</td><td>1,710.0</td><td>13.4</td><td>1.4</td></tr><tr><td>1940-September</td><td>3,095.6</td><td>2,939.0</td><td>58.9</td><td>15.0</td><td>-</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><td>1.8</td></tr><tr><td>December</td><td>3,346.2</td><td>3,151.6</td><td>74.4</td><td>15.0</td><td>-</td><td>105.2</td><td>1,388.2</td><td>1,352.5</td><td>20.7</td><td>15.0</td><td>1,958.0</td><td>1,945.3</td><td>7.4</td><td>5.3</td></tr><tr><td>1941-January</td><td>3,422.0</td><td>3,219.8</td><td>74.4</td><td>15.0</td><td>7.5</td><td>105.2</td><td>1,426.9</td><td>1,388.1</td><td>23.8</td><td>15.0</td><td>1,995.1</td><td>1,974.3</td><td>15.6</td><td>5.2</td></tr><tr><td>February</td><td>3,568.1</td><td>3,365.5</td><td>74.9</td><td>15.0</td><td>7.5</td><td>105.2</td><td>1,467.4</td><td>1,426.0</td><td>26.4</td><td>15.0</td><td>2,100.7</td><td>2,087.3</td><td>7.8</td><td>5.5</td></tr><tr><td>March</td><td>3,596.4</td><td>3,378.6</td><td>90.0</td><td>15.0</td><td>7.5</td><td>105.3</td><td>1,504.1</td><td>1,460.1</td><td>29.0</td><td>15.0</td><td>2,092.3</td><td>2,077.3</td><td>9.0</td><td>6.0</td></tr><tr><td>April</td><td>3,663.1</td><td>3,445.1</td><td>90.1</td><td>15.0</td><td>7.5</td><td>105.4</td><td>1,536.5</td><td>1,490.8</td><td>30.7</td><td>15.0</td><td>2,126.6</td><td>2,117.3</td><td>5.0</td><td>4.3</td></tr></table>
Sources: Daily Treasury Statements. 1/ Receipts exclude transfers from States. Expenditures exclude transfers to Railroad Unemployment Insurance Account. 2/ Railroad unemployment benefits and refunds.
11
Cash Income and Outgo of the Treasury, by Major Classifications
(in millions of dollars)
<table><tr><th></th><th colspan="8">1940</th><th colspan="6">1941</th></tr><tr><th></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>Jan.</th><th>Feb.</th><th>Mar.</th><th>Apr.</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>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><td></td></tr><tr><td>Income tax.</td><td>48</td><td>40</td><td>464</td><td>50</td><td>38</td><td>432</td><td>44</td><td>49</td><td>429</td><td>63</td><td>104</td><td>1,208</td><td>75</td></tr><tr><td>Miscellaneous internal revenue.</td><td>175</td><td>179</td><td>201</td><td>237</td><td>346</td><td>213</td><td>237</td><td>252</td><td>231</td><td>210</td><td>204</td><td>273</td><td>244</td></tr><tr><td>Taxes under Social Security Act.</td><td>39</td><td>131</td><td>4</td><td>39</td><td>132</td><td>3</td><td>37</td><td>133</td><td>4</td><td>46</td><td>188</td><td>4</td><td>42</td></tr><tr><td>Taxes upon carriers and their employees.</td><td>-</td><td>6</td><td>26</td><td>1</td><td>7</td><td>25</td><td>-</td><td>5</td><td>29</td><td>1</td><td>6</td><td>29</td><td>1</td></tr><tr><td>Customs.</td><td>26</td><td>26</td><td>29</td><td>25</td><td>24</td><td>23</td><td>29</td><td>28</td><td>30</td><td>33</td><td>32</td><td>40</td><td>49</td></tr><tr><td>Other.</td><td>16</td><td>18</td><td>15</td><td>15</td><td>19</td><td>15</td><td>18</td><td>18</td><td>18</td><td>19</td><td>15</td><td>13</td><td>16</td></tr><tr><td>Subtotal.</td><td>304</td><td>400</td><td>739</td><td>367</td><td>566</td><td>711</td><td>365</td><td>485</td><td>741</td><td>372</td><td>549</td><td>1,567</td><td>427</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><td></td></tr><tr><td>Unemployment trust fund (deposite by States).</td><td>53</td><td>144</td><td>26</td><td>59</td><td>143</td><td>23</td><td>57</td><td>144</td><td>28</td><td>68</td><td>146</td><td>28</td><td>67</td></tr><tr><td>Trust accounts.</td><td>28</td><td>17</td><td>16</td><td>23</td><td>15</td><td>22</td><td>26</td><td>17</td><td>33</td><td>35</td><td>32</td><td>45</td><td>46</td></tr><tr><td>Subtotal.</td><td>81</td><td>161</td><td>42</td><td>82</td><td>158</td><td>45</td><td>83</td><td>161</td><td>61</td><td>103</td><td>178</td><td>73</td><td>113</td></tr><tr><td>Total cash income.</td><td>385</td><td>561</td><td>781</td><td>449</td><td>724</td><td>756</td><td>448</td><td>646</td><td>802</td><td>475</td><td>727</td><td>1,640</td><td>540</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>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><td></td></tr><tr><td>National defense.</td><td>159</td><td>154</td><td>153</td><td>177</td><td>200</td><td>219</td><td>287</td><td>376</td><td>473</td><td>572</td><td>592</td><td>745</td><td>761</td></tr><tr><td>Social Security Act (grants and administrative expenses) 2/.</td><td>47</td><td>29</td><td>12</td><td>64</td><td>34</td><td>17</td><td>57</td><td>37</td><td>19</td><td>53</td><td>30</td><td>37r</td><td>50</td></tr><tr><td>Interest on the public debt.</td><td>66</td><td>7</td><td>192</td><td>16</td><td>16</td><td>144</td><td>69</td><td>7</td><td>189</td><td>14</td><td>16r</td><td>144</td><td>68</td></tr><tr><td>Public Works.</td><td>79</td><td>73</td><td>81</td><td>70</td><td>78</td><td>72</td><td>93</td><td>78</td><td>65</td><td>54</td><td>50</td><td>53</td><td>45</td></tr><tr><td>Agricultural aid 3/.</td><td>112</td><td>95</td><td>64</td><td>66</td><td>61</td><td>28</td><td>75</td><td>40</td><td>116</td><td>109</td><td>108</td><td>119</td><td>81</td></tr><tr><td>National Youth Administration.</td><td>11</td><td>10</td><td>9</td><td>7</td><td>6</td><td>6</td><td>7</td><td>9</td><td>12</td><td>13</td><td>13</td><td>18</td><td>15</td></tr><tr><td>Work Projects Administration.</td><td>133</td><td>128</td><td>113</td><td>110</td><td>109</td><td>104</td><td>111</td><td>105</td><td>115</td><td>107</td><td>103</td><td>113</td><td>106</td></tr><tr><td>Other.</td><td>153</td><td>144</td><td>150</td><td>191</td><td>173</td><td>155</td><td>166</td><td>141</td><td>153</td><td>160</td><td>138r</td><td>154r</td><td>164</td></tr><tr><td>Subtotal.</td><td>760</td><td>640</td><td>774</td><td>701</td><td>677</td><td>745</td><td>865</td><td>793</td><td>1,142</td><td>1,082</td><td>1,050</td><td>1,383</td><td>1,292</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><td></td></tr><tr><td>Reconstruction Finance Corporation.</td><td>-6</td><td>-9</td><td>13</td><td>24</td><td>-1</td><td>-18</td><td>-7</td><td>57</td><td>13</td><td>17</td><td>10</td><td>62</td><td>61</td></tr><tr><td>Commodity Credit Corporation.</td><td>-4</td><td>-</td><td>1</td><td>10</td><td>146</td><td>-1</td><td>21</td><td>24</td><td>17</td><td>12</td><td>7</td><td>37</td><td>33</td></tr><tr><td>Unemployment trust fund.</td><td>45</td><td>58</td><td>54</td><td>57</td><td>53</td><td>38</td><td>34</td><td>30</td><td>31</td><td>39</td><td>41</td><td>37</td><td>33</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><td></td></tr><tr><td>Insurance Trust Fund.</td><td>2</td><td>2</td><td>3</td><td>3</td><td>4</td><td>4</td><td>5</td><td>5</td><td>5</td><td>5</td><td>6</td><td>7</td><td>7</td></tr><tr><td>Railroad retirement account.</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><td>10</td><td>10</td><td>10</td><td>10</td><td>10</td></tr><tr><td>Other.</td><td>-16</td><td>-11</td><td>26</td><td>-2</td><td>-21</td><td>51</td><td>36</td><td>31</td><td>28</td><td>13</td><td>28</td><td>17</td><td>37</td></tr><tr><td>Subtotal.</td><td>31</td><td>50</td><td>107</td><td>102</td><td>191</td><td>84</td><td>99</td><td>157</td><td>104</td><td>96</td><td>102</td><td>170</td><td>181</td></tr><tr><td>Redemption of adjusted service bonds.</td><td>1</td><td>1</td><td>4</td><td>3</td><td>2</td><td>2</td><td>2</td><td>2</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td></tr><tr><td>Total cash outgo.</td><td>792</td><td>691</td><td>885</td><td>806</td><td>870</td><td>831</td><td>966</td><td>952</td><td>1,247</td><td>1,179</td><td>1,153</td><td>1,554</td><td>1,474</td></tr><tr><td>EXCESS OF CASH OUTGO.</td><td>407</td><td>130</td><td>104</td><td>357</td><td>146</td><td>75</td><td>518</td><td>306</td><td>445</td><td>704</td><td>426</td><td>-86</td><td>934</td></tr></table>
r Revised.
1/ 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 February 1979 Bulletin.
2/ Includes refunds of taxes.
3/ 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>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>646</td><td>802</td><td>7,553</td></tr><tr><td>1941</td><td>475</td><td>727</td><td>1,640</td><td>540</td><td></td><td></td><td></td><td></td><td></td><td></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>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>952</td><td>1,247</td><td>10,296</td></tr><tr><td>1941</td><td>1,179</td><td>1,153</td><td>1,554</td><td>1,474</td><td></td><td></td><td></td><td></td><td></td><td></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>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>332</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>306</td><td>445</td><td>2,743</td></tr><tr><td>1941</td><td>704</td><td>426</td><td>-86</td><td>934</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table>
12
CASH INCOME AND OUTGO OF THE TREASURY
GENERAL FUND OF THE TREASURY
-13-
14
Assets of the General Fund of the Treasury
(In millions of dollars)
<table><tr><th>End of fiscal year or month</th><th>Total</th><th>Bullion, coin, and currency</th><th>Deposits in Federal Reserve Banks</th><th>Special deposits account of sales of Government securities</th><th>Other deposits and collections</th></tr><tr><td>1933</td><td>1,103</td><td>184</td><td>51</td><td>837</td><td>31</td></tr><tr><td>1934</td><td>3,033</td><td>1,045</td><td>97</td><td>1,854</td><td>37</td></tr><tr><td>1935</td><td>2,016</td><td>1,044</td><td>118</td><td>799</td><td>55</td></tr><tr><td>1936</td><td>2,936</td><td>865</td><td>862</td><td>1,151</td><td>58</td></tr><tr><td>1937</td><td>2,709</td><td>1,863</td><td>141</td><td>649</td><td>55</td></tr><tr><td>1938</td><td>2,419</td><td>830</td><td>929</td><td>611</td><td>49</td></tr><tr><td>1939</td><td>3,087</td><td>1,212</td><td>1,022</td><td>777</td><td>76</td></tr><tr><td>1940</td><td>2,038</td><td>891</td><td>254</td><td>805</td><td>88</td></tr><tr><td>1940-April</td><td>2,382</td><td>1,019</td><td>463</td><td>813</td><td>87</td></tr><tr><td>May</td><td>2,234</td><td>901</td><td>438</td><td>813</td><td>82</td></tr><tr><td>June</td><td>2,038</td><td>891</td><td>254</td><td>805</td><td>88</td></tr><tr><td>July</td><td>2,414</td><td>963</td><td>639</td><td>718</td><td>94</td></tr><tr><td>August</td><td>2,611</td><td>992</td><td>815</td><td>717</td><td>87</td></tr><tr><td>September</td><td>2,566</td><td>1,003</td><td>759</td><td>715</td><td>88</td></tr><tr><td>October</td><td>2,101</td><td>904</td><td>391</td><td>713</td><td>93</td></tr><tr><td>November</td><td>1,976</td><td>911</td><td>268</td><td>705</td><td>92</td></tr><tr><td>December</td><td>2,110</td><td>934</td><td>405</td><td>675</td><td>96</td></tr><tr><td>1941-January</td><td>2,203</td><td>914</td><td>702</td><td>479</td><td>108</td></tr><tr><td>February</td><td>1,873</td><td>913</td><td>385</td><td>477</td><td>98</td></tr><tr><td>March</td><td>2,895</td><td>968</td><td>1,245</td><td>566</td><td>106</td></tr><tr><td>April</td><td>2,599</td><td>1,009</td><td>910</td><td>550</td><td>130</td></tr></table>
Source: Daily Treasury Statements
Balance in the General Fund of the Treasury
(In millions of dollars)
<table><tr><th>End of fiscal year or month</th><th>Total assets</th><th>Total liabilities</th><th>Balance in the General Fund</th><th colspan="4">Analysis of balance in the General Fund</th></tr><tr><th></th><th></th><th></th><th></th><th>Working balance</th><th>Seigniorage on silver</th><th>Increment on gold</th><th>Inactive gold</th></tr><tr><td>1933</td><td>1,103</td><td>241</td><td>862</td><td>862</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1934</td><td>3,033</td><td>451</td><td>2,582</td><td>1,171</td><td>-</td><td>811</td><td>-</td></tr><tr><td>1935</td><td>2,016</td><td>175</td><td>1,841</td><td>1,001</td><td>140</td><td>700</td><td>-</td></tr><tr><td>1936</td><td>2,936</td><td>254</td><td>2,682</td><td>2,225</td><td>316</td><td>141</td><td>-</td></tr><tr><td>1937</td><td>2,709</td><td>156</td><td>2,554</td><td>970</td><td>356</td><td>141</td><td>1,087</td></tr><tr><td>1938</td><td>2,419</td><td>203</td><td>2,216</td><td>1,628</td><td>446</td><td>142</td><td>-</td></tr><tr><td>1939</td><td>3,087</td><td>249</td><td>2,838</td><td>2,160</td><td>536</td><td>142</td><td>-</td></tr><tr><td>1940</td><td>2,038</td><td>147</td><td>1,891</td><td>1,163</td><td>585</td><td>143</td><td>-</td></tr><tr><td>1940-April</td><td>2,382</td><td>172</td><td>2,210</td><td>1,486</td><td>581</td><td>143</td><td>-</td></tr><tr><td>May</td><td>2,234</td><td>204</td><td>2,030</td><td>1,303</td><td>584</td><td>143</td><td>-</td></tr><tr><td>June</td><td>2,038</td><td>147</td><td>1,891</td><td>1,163</td><td>585</td><td>143</td><td>-</td></tr><tr><td>July</td><td>2,414</td><td>156</td><td>2,258</td><td>1,527</td><td>588</td><td>143</td><td>-</td></tr><tr><td>August</td><td>2,611</td><td>157</td><td>2,454</td><td>1,720</td><td>591</td><td>143</td><td>-</td></tr><tr><td>September</td><td>2,566</td><td>151</td><td>2,415</td><td>1,680</td><td>592</td><td>143</td><td>-</td></tr><tr><td>October</td><td>2,101</td><td>181</td><td>1,920</td><td>1,183</td><td>594</td><td>143</td><td>-</td></tr><tr><td>November</td><td>1,976</td><td>159</td><td>1,817</td><td>1,078</td><td>596</td><td>143</td><td>-</td></tr><tr><td>December</td><td>2,110</td><td>181</td><td>1,928</td><td>1,188</td><td>597</td><td>143</td><td>-</td></tr><tr><td>1941-January</td><td>2,203</td><td>178</td><td>2,025</td><td>1,283</td><td>599</td><td>143</td><td>-</td></tr><tr><td>February</td><td>1,873</td><td>172</td><td>1,701</td><td>957</td><td>601</td><td>143</td><td>-</td></tr><tr><td>March</td><td>2,885</td><td>170</td><td>2,715</td><td>1,970</td><td>602</td><td>143</td><td>-</td></tr><tr><td>April</td><td>2,599</td><td>173</td><td>2,425</td><td>1,679</td><td>603</td><td>143</td><td>-</td></tr></table>
Source: Daily Treasury Statements.
PUBLIC DEBT OF THE UNITED STATES
-15-
16
Statement of the Outstanding Public Debt on June 30, 1940 and April 30, 1941
(In millions of dollars)
<table><tr><th></th><th>June 30, 1940</th><th>Apr. 30, 1941</th><th>Change</th><th></th><th>June 30, 1940</th><th>Apr. 30, 1941</th><th>Change</th></tr><tr><td>Interest-bearing public debt</td><td></td><td></td><td></td><td>Interest-bearing public debt (continued)</td><td></td><td></td><td></td></tr><tr><td>Public issues:</td><td></td><td></td><td></td><td>Special issues:</td><td></td><td></td><td></td></tr><tr><td>Marketable issues</td><td></td><td></td><td></td><td>Adjusted Service Certificate Fund....................</td><td>11</td><td>20</td><td>+9</td></tr><tr><td>Treasury bonds....................</td><td>26,555</td><td>29,554</td><td>+2,999</td><td>Federal Deposit Insurance Corporation.............</td><td>56</td><td>90</td><td>+34</td></tr><tr><td>Treasury notes....................</td><td>6,383</td><td>5,721</td><td>-662</td><td>Federal Old-Age and Survivors Insurance Trust Fund</td><td>1,738</td><td>2,151</td><td>+413</td></tr><tr><td>Treasury bills....................</td><td>1,302</td><td>1,604</td><td>+302</td><td>Federal Savings and Loan Insurance Corporation.....</td><td>-</td><td>4</td><td>+4</td></tr><tr><td>Postal savings and pre-war bonds....................</td><td>196</td><td>196</td><td>-</td><td>Government Life Insurance Fund....................</td><td>524</td><td>508</td><td>-16</td></tr><tr><td>Total marketable issues.....</td><td>34,436</td><td>37,075</td><td>+2,639</td><td>Government Retirement Funds....................</td><td>559</td><td>634</td><td>+75</td></tr><tr><td>Non-marketable issues</td><td></td><td></td><td></td><td>National Service Life Insurance Fund....................</td><td>-</td><td>1</td><td>+1</td></tr><tr><td>U. S. savings bonds....................</td><td>2,905</td><td>3,647</td><td>+742</td><td>Postal Savings System....................</td><td>97</td><td>97</td><td>-</td></tr><tr><td>Adjusted service bonds....................</td><td>261</td><td>244</td><td>-17</td><td>Railroad Retirement Account....................</td><td>80</td><td>85</td><td>+5</td></tr><tr><td>Total non-marketable issues.</td><td>3,166</td><td>3,891</td><td>+725</td><td>Unemployment Trust Fund....................</td><td>1,710</td><td>2,117</td><td>+407</td></tr><tr><td>Total public issues........</td><td>37,602</td><td>40,966</td><td>+3,364</td><td>Total special issues....................</td><td>4,775</td><td>5,707</td><td>+932</td></tr><tr><td></td><td></td><td></td><td></td><td>Total interest-bearing public debt....................</td><td>42,377</td><td>46,673</td><td>+4,296</td></tr><tr><td></td><td></td><td></td><td></td><td>Matured debt on which interest has ceased........</td><td>205</td><td>186</td><td>-19</td></tr><tr><td></td><td></td><td></td><td></td><td>Debt bearing no interest....................</td><td>386</td><td>372</td><td>-14</td></tr><tr><td></td><td></td><td></td><td></td><td>Total public debt....................</td><td>42,968</td><td>47,231</td><td>+4,263</td></tr></table>
Source: Daily Treasury Statements
Composition of the Public Debt
(In millions of dollars)
<table><tr><th rowspan="2">End of fiscal year or month</th><th rowspan="2">Total</th><th colspan="6">Interest-bearing public debt</th><th rowspan="2">Matured debt</th><th rowspan="2">Debt bearing no interest</th></tr><tr><th>Total</th><th colspan="2">Public issues</th><th colspan="2">Special issues</th></tr><tr><th></th><th></th><th>Bonds</th><th>Notes</th><th>Bills and certificates of indebtedness</th><th>Amount</th><th>% of total interest-bearing debt</th><th></th></tr><tr><th></th><th></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></th><th></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>218</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>271</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>35,800</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>447</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>385</td></tr><tr><td>1940-April</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>30,647</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>August</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>September</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>October</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><tr><td>November</td><td>44,273</td><td>43,707</td><td>31,530</td><td>72.1</td><td>5,660</td><td>12.9</td><td>1,308</td><td>3.0</td><td>5,209</td><td>11.9</td><td>187</td><td>379</td></tr><tr><td>December</td><td>45,025</td><td>44,459</td><td>31,601</td><td>71.1</td><td>6,178</td><td>13.9</td><td>1,310</td><td>2.9</td><td>5,370</td><td>12.1</td><td>189</td><td>377</td></tr><tr><td>1941-January</td><td>45,877</td><td>45,321</td><td>31,775</td><td>70.1</td><td>6,823</td><td>15.0</td><td>1,307</td><td>2.9</td><td>5,426</td><td>12.0</td><td>181</td><td>375</td></tr><tr><td>February</td><td>46,090</td><td>45,535</td><td>31,883</td><td>70.0</td><td>6,823</td><td>15.0</td><td>1,306</td><td>2.9</td><td>5,534</td><td>12.1</td><td>180</td><td>374</td></tr><tr><td>March</td><td>47,173</td><td>46,581</td><td>33,572</td><td>72.1</td><td>5,722</td><td>12.3</td><td>1,604</td><td>3.4</td><td>5,683</td><td>12.2</td><td>220</td><td>372</td></tr><tr><td>April</td><td>47,231</td><td>46,673</td><td>33,041</td><td>72.1</td><td>5,721</td><td>12.3</td><td>1,604</td><td>3.4</td><td>5,707</td><td>12.2</td><td>186</td><td>372</td></tr></table>
Source: Daily Treasury Statements
Net Market Purchases or Sales of Government Securities for Treasury Investment Accounts
(In millions of dollars)
<table><tr><th rowspan="2"></th><th colspan="12">Purchases or sales (-)</th></tr><tr><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>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>36.5</td><td>1.0</td><td>.4</td><td>6.5</td></tr><tr><td>1939</td><td>1.6</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>-2.8</td><td>-3.2</td></tr><tr><td>1940</td><td>-9.5</td><td>-20.9</td><td>-5.7</td><td>-1.6</td><td>.4</td><td>.9</td><td>-</td><td>-</td><td>-3</td><td>-4.4</td><td>-3</td><td>-1.1</td></tr><tr><td>1941</td><td>-2.8</td><td>12.0</td><td>-</td><td>-7</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table>
17
COMPOSITION OF UNITED STATES GOVERNMENT INTEREST-BEARING PUBLIC DEBT
18
Summary Distribution by Classes of Holders of Interest-Bearing Securities Issued by United States Government and Guaranteed by United States
(in millions of dollars)
<table><tr><th rowspan="2">End of fiscal year or month</th><th colspan="6">Securities issued by United States Government<br>Distribution by classes of holders</th><th colspan="3">Securities guaranteed by United States 1/<br>Distribution by classes of holders</th></tr><tr><th>Total amount outstanding</th><th colspan="3">U. S. Government agencies and trust funds 2/</th><th>Federal Reserve Banks 3/</th><th colspan="2">Private investors 4/</th><th>Total amount outstanding</th><th colspan="2">U. S. Government agencies and trust funds and Federal Reserve Banks 2/</th><th>Private investors 4/</th></tr><tr><th></th><th></th><th>Total public and special issues</th><th>Public marketable issues 5/</th><th>Special issues</th><th>Public marketable issues</th><th>Total public issues</th><th>Public marketable issues</th><th>Public non-marketable issues</th><th></th><th>Public marketable issues</th><th>Public marketable issues</th></tr><tr><td>1933</td><td>22,158</td><td>689</td><td>766</td><td>323</td><td>1,998</td><td>19,471</td><td>19,471</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1934</td><td>26,480</td><td>1,296</td><td>900</td><td>396</td><td>2,432</td><td>22,752</td><td>22,752</td><td>-</td><td>681</td><td>155</td><td>526</td></tr><tr><td>1935</td><td>27,645</td><td>1,620</td><td>987</td><td>633</td><td>2,433</td><td>23,592</td><td>23,530</td><td>62</td><td>4,123</td><td>378</td><td>3,745</td></tr><tr><td>1936</td><td>32,989</td><td>1,937</td><td>1,311</td><td>626</td><td>2,430</td><td>28,622</td><td>27,361</td><td>1,261</td><td>4,718</td><td>392</td><td>4,326</td></tr><tr><td>1937</td><td>35,800</td><td>3,213</td><td>1,655</td><td>1,558</td><td>2,526</td><td>30,061</td><td>28,873</td><td>1,188</td><td>4,665</td><td>381</td><td>4,284</td></tr><tr><td>1938</td><td>36,576</td><td>4,455</td><td>1,779</td><td>2,676</td><td>2,564</td><td>29,557</td><td>28,001</td><td>1,556</td><td>4,853</td><td>344</td><td>4,509</td></tr><tr><td>1939</td><td>39,886</td><td>5,613</td><td>1,843</td><td>3,770</td><td>2,551</td><td>31,722</td><td>29,571</td><td>2,151</td><td>5,450</td><td>295</td><td>5,155</td></tr><tr><td>1940</td><td>42,377</td><td>6,817</td><td>2,042</td><td>4,775</td><td>2,458</td><td>33,102</td><td>29,936</td><td>3,166</td><td>5,498</td><td>287</td><td>5,211</td></tr><tr><td>1940-April</td><td>42,117</td><td>6,532</td><td>2,036</td><td>4,496</td><td>2,456</td><td>33,129</td><td>30,044</td><td>3,085</td><td>5,624</td><td>289</td><td>5,335</td></tr><tr><td>May</td><td>42,253</td><td>6,623</td><td>2,038</td><td>4,585</td><td>2,467</td><td>33,163</td><td>30,029</td><td>3,134</td><td>5,497</td><td>289</td><td>5,208</td></tr><tr><td>June</td><td>42,377</td><td>6,817</td><td>2,042</td><td>4,775</td><td>2,458</td><td>33,102</td><td>29,936</td><td>3,166</td><td>5,498</td><td>287</td><td>5,211</td></tr><tr><td>July</td><td>43,186</td><td>6,912</td><td>2,059</td><td>4,853</td><td>2,441</td><td>33,833</td><td>30,609</td><td>3,224</td><td>5,499</td><td>286</td><td>5,213</td></tr><tr><td>August</td><td>43,317</td><td>6,974</td><td>2,040</td><td>4,934</td><td>2,435</td><td>33,908</td><td>30,644</td><td>3,264</td><td>5,788</td><td>287</td><td>5,501</td></tr><tr><td>September</td><td>43,480</td><td>7,082</td><td>2,019</td><td>5,063</td><td>2,417</td><td>33,981</td><td>30,683</td><td>3,298</td><td>5,787</td><td>286</td><td>5,501</td></tr><tr><td>October</td><td>43,560</td><td>7,113</td><td>2,012</td><td>5,101</td><td>2,328</td><td>34,119</td><td>30,783</td><td>3,336</td><td>5,790</td><td>284</td><td>5,506</td></tr><tr><td>November</td><td>43,707</td><td>7,214</td><td>2,005</td><td>5,209</td><td>2,200</td><td>34,293</td><td>30,919</td><td>3,374</td><td>5,901</td><td>279</td><td>5,622</td></tr><tr><td>December</td><td>44,458</td><td>7,365</td><td>1,995</td><td>5,370</td><td>2,179</td><td>34,914</td><td>31,470</td><td>3,444</td><td>5,901</td><td>279</td><td>5,622</td></tr><tr><td>1941-January</td><td>45,320</td><td>7,423</td><td>1,997</td><td>5,426</td><td>2,179</td><td>35,718</td><td>32,099</td><td>3,619</td><td>5,901</td><td>278</td><td>5,623</td></tr><tr><td>February</td><td>45,535</td><td>7,548</td><td>2,014</td><td>5,534</td><td>2,179</td><td>35,808</td><td>32,081</td><td>3,727</td><td>5,901</td><td>277</td><td>5,624</td></tr><tr><td>March</td><td>46,581 r</td><td>7,737</td><td>2,054</td><td>5,683</td><td>2,179</td><td>36,665 r</td><td>32,821 r</td><td>3,844</td><td>5,905</td><td>275</td><td>5,630</td></tr><tr><td>April</td><td>46,673</td><td>7,781 p</td><td>2,074 p</td><td>5,707</td><td>2,179</td><td>36,713 p</td><td>32,822 p</td><td>3,891</td><td>6,550</td><td>275 p</td><td>6,275 p</td></tr></table>
Sources: (1) Total amounts outstanding: Daily Treasury Statements; (2) Securities held by U. S. Government agencies and trust funds: reports of the agencies and accounts with the Treasury; (3) Securities held by Federal Reserve Banks: Federal Reserve System.
Preliminary. Revised. 1/ Excludes obligations sold directly to the Treasury. 2/ Includes Production Credit Associations and Joint Stock land banks; excludes Exchange Stabilization Fund. 3/ Figures shown for June 30 of each year are as of the end of the month. Other figures are as of the Wednesday nearest the end of the month. 4/ The total amount of securities held by private investors is calculated by deducting from the total amount of securities outstanding, the securities held by U. S. Government agencies and trust funds and by Federal Reserve Banks. 5/ Includes non-marketable issues which have not at any time aggregated as much as $500,000.
Public Debt Accounts
(In millions of dollars)
<table><tr><th rowspan="2">Fiscal year or month</th><th colspan="4">Receipts</th><th colspan="3">Expenditures</th><th rowspan="2">Excess of receipts</th></tr><tr><th>Total</th><th>Cash</th><th>Adjusted service bonds</th><th>Exchanges</th><th>Special issues</th><th>Total</th><th>Cash</th><th>Exchanges</th><th>Special issues</th></tr><tr><td>1938</td><td>9,620.7</td><td>4,715.7</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>9,808.8</td><td>5,301.0</td><td>3,034.9</td><td>1,472.9</td><td>3,274.8</td></tr><tr><td>1940</td><td>13,165.6</td><td>7,134.4</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>1940-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>277.7</td><td>1,977.2</td><td>2,545.4</td><td>480.7</td><td>277.7</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><tr><td>November</td><td>567.1</td><td>452.2</td><td>.2</td><td>-</td><td>114.8</td><td>431.6</td><td>424.5</td><td>-</td><td>7.1</td><td>135.5</td></tr><tr><td>December</td><td>1,203.6</td><td>1,015.9</td><td>.2</td><td>-</td><td>187.5</td><td>451.7</td><td>424.6</td><td>-</td><td>27.1</td><td>751.9</td></tr><tr><td>1941-January</td><td>1,414.0</td><td>1,325.6</td><td>.1</td><td>-</td><td>88.3</td><td>561.7</td><td>529.6</td><td>-</td><td>32.1</td><td>852.3</td></tr><tr><td>February</td><td>636.5</td><td>522.1</td><td>.1</td><td>-</td><td>114.2</td><td>423.8</td><td>417.4</td><td>-</td><td>6.3</td><td>212.7</td></tr><tr><td>March</td><td>3,186.6</td><td>1,387.6</td><td>.2</td><td>1,627.2</td><td>171.6</td><td>2,103.4</td><td>453.6</td><td>1,627.2</td><td>22.6</td><td>1,083.2</td></tr><tr><td>April</td><td>651.8</td><td>585.0</td><td>.2</td><td>.6</td><td>66.0</td><td>594.2</td><td>551.8</td><td>.6</td><td>41.8</td><td>57.6</td></tr></table>
Source: Daily Treasury Statements.
19
Statement Showing Details of Major Financing Operations of the Treasury Since January 1, 1938
(In millions of dollars)
<table><tr><th>Date of issue</th><th>Rate per cent</th><th>Term</th><th>Call and maturity date</th><th colspan="2">Amount issued</th><th>Amount of cash subscrip- tion tendered</th><th>For cash</th><th colspan="2">Amount of exchanges</th><th colspan="3">In exchange for</th></tr><tr><th></th><th></th><th></th><th></th><th>Treasury bonds</th><th>Treasury notes and certif- icate</th><th></th><th></th><th>Amount of exchanges Treasury bonds</th><th>Treasury notes and certif- icate</th><th>Date of issue</th><th>Rate per cent</th><th>Call or maturity date</th></tr><tr><td>1938-Mar. 15.</td><td>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.</td><td>2-3/4</td><td>20-25 years</td><td>June 15, 1958 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.</td><td>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.</td><td>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. (Add. 6/15/38)</td><td>1-1/8</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.</td><td>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.</td><td>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.</td><td>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. (Add. 12/15/38)</td><td>2-3/4</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. (Add. 9/15/38)</td><td>2-1/2</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. (Add. 12/15/38)</td><td>1-1/8</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.</td><td>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.</td><td>1</td><td>4 years 1/2 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.</td><td>2</td><td>9-11 years</td><td>Dec. 15, 1948 Dec. 15, 1950</td><td>571</td><td>-</td><td>[6,264 50 1/2]</td><td>521 50 1/2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Dec. 22.</td><td>2-1/4</td><td>12-14 years</td><td>Dec. 15, 1951 Dec. 15, 1953</td><td>1,118</td><td>-</td><td>100 1/2</td><td>100 1/2</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.</td><td>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.</td><td>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.</td><td>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.</td><td>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 50 1/2]</td><td>631 50 1/2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Oct. 7.</td><td>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><tr><td>Dec. 18.</td><td>3/4</td><td>5 years</td><td>Dec. 15, 1945</td><td>-</td><td>531</td><td>4,071</td><td>531</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>1941-Jan. 31.</td><td>3/4</td><td>3 years 7/8 mos.</td><td>Sept. 15, 1944</td><td>-</td><td>635</td><td>2,756</td><td>635</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Mar. 15.</td><td>2</td><td>7-9 years</td><td>Mar. 15, 1948 Mar. 15, 1950</td><td>1,116</td><td>-</td><td>-</td><td>-</td><td>482</td><td>-</td><td>Mar. 16, 1931 Mar. 16, 1936</td><td>3-3/8 1-1/2</td><td>Mar. 15, 1941 Mar. 15, 1942</td></tr><tr><td>Mar. 15.</td><td>3/4</td><td>2 years</td><td>Mar. 15, 1943</td><td>-</td><td>32</td><td>-</td><td>-</td><td>5</td><td>27</td><td>Mar. 16, 1931 Mar. 16, 1936</td><td>3-3/8 1-1/2</td><td>Mar. 15, 1941 Mar. 15, 1941</td></tr><tr><td>Mar. 31. (Add. 3/15/41)</td><td>3/4</td><td>2 years</td><td>Mar. 15, 1943</td><td>-</td><td>33</td><td>-</td><td>-</td><td>-</td><td>33</td><td>June 15, 1936</td><td>1-3/8</td><td>June 15, 1941</td></tr><tr><td>Mar. 31.</td><td>2-1/2</td><td>11-13 years</td><td>Mar. 15, 1952 Mar. 15, 1954</td><td>1,024</td><td>-</td><td>[6,145 50 1/2]</td><td>526 50 1/2</td><td>-</td><td>448</td><td>June 15, 1936</td><td>1-3/8</td><td>June 15, 1941</td></tr></table>
Back Figures: For financings from July 1, 1933 through December 31, 1937 see March 1939 Bulletin, pp. 16-18. 1/ These amounts were sold to Government investment accounts direct.
20
Maturity Schedule of United States Government Interest-Bearing Public Debt Outstanding
As of April 30, 1941
(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>1941</td><td></td><td></td><td></td><td>1941</td><td></td><td></td><td></td></tr><tr><td>Bills (Nat. Defense Series)....</td><td>401</td><td></td><td></td><td>Bills (Nat. Defense Series)....</td><td>401</td><td></td><td></td></tr><tr><td>Bills (Regular Series)....</td><td>1,202</td><td></td><td></td><td>Bills (Regular Series)....</td><td>1,202</td><td></td><td></td></tr><tr><td>1-3/8% Notes B - 6/15/41....</td><td>24</td><td></td><td></td><td>1-3/8% Notes B - 6/15/41....</td><td>24</td><td></td><td></td></tr><tr><td>1-1/4% Bonds - 8/1/41....</td><td>834</td><td></td><td></td><td>1-1/4% Bonds - 8/1/41....</td><td>834</td><td></td><td></td></tr><tr><td>1-1/4% Notes C - 12/15/41....</td><td>204</td><td></td><td></td><td>1-1/4% Notes C - 12/15/41....</td><td>204</td><td></td><td></td></tr><tr><td>Total.....................</td><td>2,665</td><td>-</td><td>2,665</td><td>Total.....................</td><td>2,665</td><td>-</td><td>2,665</td></tr><tr><td>1942</td><td></td><td></td><td></td><td>1942</td><td></td><td></td><td></td></tr><tr><td>1-3/4% Notes A - 3/15/42....</td><td>426</td><td></td><td></td><td>1-3/4% Notes A - 3/15/42....</td><td>426</td><td></td><td></td></tr><tr><td>2% Notes B - 9/15/42....</td><td>342</td><td></td><td></td><td>2% Notes B - 9/15/42....</td><td>342</td><td></td><td></td></tr><tr><td>1-3/4% Notes C - 12/15/42....</td><td>232</td><td></td><td></td><td>1-3/4% Notes C - 12/15/42....</td><td>232</td><td></td><td></td></tr><tr><td>Total.....................</td><td>1,000</td><td>-</td><td>3,665</td><td>Total.....................</td><td>1,000</td><td>-</td><td>3,665</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% Notes D - 3/15/43....</td><td>65</td><td></td><td></td><td>3/4% Notes D - 3/15/43....</td><td>65</td><td></td><td></td></tr><tr><td>1-1/8% Notes A - 6/15/43....</td><td>629</td><td></td><td></td><td>1-1/8% Notes A - 6/15/43....</td><td>629</td><td></td><td></td></tr><tr><td>1-3/8% Bonds - 6/15/43-47....</td><td>1%</td><td></td><td></td><td>1% Notes C - 9/15/43....</td><td>279</td><td></td><td></td></tr><tr><td>1-3/8% Notes C - 9/15/43....</td><td>279</td><td>454</td><td></td><td>1-1/8% Notes B - 12/15/43....</td><td>421</td><td></td><td></td></tr><tr><td>1-1/4% Bonds - 10/15/43-45....</td><td>1%</td><td></td><td></td><td>Total.....................</td><td>1,394</td><td>-</td><td>5,059</td></tr><tr><td>1-1/8% Notes B - 12/15/43....</td><td>421</td><td>1,401</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total.....................</td><td>1,394</td><td>1,855</td><td>6,914</td><td>1944</td><td></td><td></td><td></td></tr><tr><td>1% Notes B - 3/15/44....</td><td>515</td><td></td><td></td><td>1% Notes B - 3/15/44....</td><td>515</td><td></td><td></td></tr><tr><td>1-3/4% Bonds - 4/15/44-46....</td><td>1%</td><td>1,519</td><td></td><td>3/4% Notes A - 6/15/44....</td><td>416</td><td></td><td></td></tr><tr><td>3/4% Notes A - 6/15/44....</td><td>416</td><td></td><td></td><td>1% Notes C - 9/15/44....</td><td>283</td><td></td><td></td></tr><tr><td>1% Notes C - 9/15/44....</td><td>283</td><td></td><td></td><td>3/4% Notes D (Nat. Defense Series) - 9/15/44....</td><td>635</td><td></td><td></td></tr><tr><td>3/4% Notes D (Nat. Defense Series) - 9/15/44-54....</td><td>635</td><td>1,037</td><td></td><td>Total.....................</td><td>1,849</td><td>-</td><td>6,908</td></tr><tr><td>Total.....................</td><td>1,849</td><td>2,556</td><td>11,319</td><td>1945</td><td></td><td></td><td></td></tr><tr><td>3/4% Notes A - 3/15/45....</td><td>718</td><td></td><td></td><td>3/4% Notes A - 3/15/45....</td><td>718</td><td></td><td></td></tr><tr><td>2-3/4% Bonds - 9/15/45-47....</td><td>1,214</td><td></td><td></td><td>1-1/4% Bonds - 10/15/45-47....</td><td>1,401</td><td></td><td></td></tr><tr><td>2-1/2% Bonds - 12/15/45....</td><td>541</td><td></td><td></td><td>2-1/2% Bonds - 12/15/45....</td><td>541</td><td></td><td></td></tr><tr><td>3/4% Notes B (Nat. Defense Series) - 12/15/45....</td><td>531</td><td></td><td></td><td>3/4% Notes B (Nat. Defense Series) - 12/15/45....</td><td>531</td><td></td><td></td></tr><tr><td>Total.....................</td><td>1,790</td><td>1,214</td><td>14,323</td><td>Total.....................</td><td>1,790</td><td>1,401</td><td>10,099</td></tr><tr><td>1946</td><td></td><td></td><td></td><td>1946</td><td></td><td></td><td></td></tr><tr><td>3% Conversion bonds - 1/1/46....</td><td>16</td><td></td><td></td><td>3% Conversion bonds - 1/1/46....</td><td>16</td><td></td><td></td></tr><tr><td>3-3/4% Bonds - 3/15/46-56....</td><td>489</td><td></td><td></td><td>1-1/4% Bonds - 4/15/46-48....</td><td>1,519</td><td></td><td></td></tr><tr><td>3% Bonds - 6/15/46-48....</td><td>1,036</td><td></td><td></td><td>Total.....................</td><td>16</td><td>1,519</td><td>11,634</td></tr><tr><td>1-1/8% Bonds - 6/15/46-49....</td><td>819</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total.....................</td><td>16</td><td>2,344</td><td>16,683</td><td>1947</td><td></td><td></td><td></td></tr><tr><td>3% Conversion bonds - 1/1/47....</td><td>13</td><td></td><td></td><td>3% Conversion bonds - 1/1/47....</td><td>13</td><td></td><td></td></tr><tr><td>4-1/4% Bonds - 10/15/47-52....</td><td>759</td><td></td><td></td><td>1-3/8% Bonds - 6/15/47-49....</td><td>454</td><td></td><td></td></tr><tr><td>2% Bonds - 12/15/47....</td><td>701</td><td></td><td></td><td>2-3/4% Bonds - 9/15/47-49....</td><td>1,214</td><td></td><td></td></tr><tr><td>Total.....................</td><td>714</td><td>759</td><td>18,156</td><td>2% Bonds - 12/15/47....</td><td>701</td><td>1,668</td><td>14,016</td></tr><tr><td>1948</td><td></td><td></td><td></td><td>1948</td><td></td><td></td><td></td></tr><tr><td>2% Bonds - 3/15/48-50....</td><td>1,115</td><td></td><td></td><td>3% Bonds - 6/15/46-48....</td><td>1,036</td><td></td><td></td></tr><tr><td>2-3/4% Bonds - 3/15/48-51....</td><td>1,223</td><td></td><td></td><td>2-1/2% Bonds - 9/15/48....</td><td>451</td><td></td><td></td></tr><tr><td>2-1/2% Bonds - 9/15/48....</td><td>451</td><td></td><td></td><td>Total.....................</td><td>451</td><td>1,036</td><td>15,503</td></tr><tr><td>2% Bonds - 12/15/48-50....</td><td>571</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total.....................</td><td>451</td><td>2,909</td><td>21,516</td><td>1949</td><td></td><td></td><td></td></tr><tr><td>2-1/2% Bonds - 12/15/49-53....</td><td>1,785</td><td></td><td></td><td>1-1/8% Bonds - 6/15/46-49....</td><td>819</td><td></td><td></td></tr><tr><td>3-1/8% Bonds - 12/15/49-52....</td><td>491</td><td></td><td></td><td>Total.....................</td><td>-</td><td>819</td><td>16,322</td></tr><tr><td>Total.....................</td><td>-</td><td>2,277</td><td>23,793</td><td>1950</td><td></td><td></td><td></td></tr><tr><td>2-1/2% Bonds - 9/15/50-52....</td><td>1,186</td><td></td><td></td><td>2% Bonds - 3/15/48-50....</td><td>1,115</td><td></td><td></td></tr><tr><td>Total.....................</td><td>-</td><td>1,186</td><td>24,979</td><td>2% Bonds - 12/15/48-50....</td><td>571</td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td>Total.....................</td><td>-</td><td>1,686</td><td>18,008</td></tr></table>
(Continued on following page)
21
Maturity Schedule of United States Government Interest-Bearing Public Debt Outstanding 1 As of April 30, 1941 - (Continued)
(Amount in millions of dollars) 2/
<table><tr><th colspan="4">Classified by year in which issues are first callable 1/</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>1951<br>2-3/4% Bonds - 6/15/51-54..<br>3% Bonds - 9/15/51-55..<br>2-1/4% Bonds - 12/15/51-53..<br>Total............</td><td>-</td><td>1,627<br>755<br>1,118<br>3,500</td><td>28,479</td><td>1951<br>2-3/4% Bonds - 3/15/48-51..<br>Total............</td><td>-</td><td>1,223<br>1,223</td><td>19,231</td></tr><tr><td>1952<br>2-1/2% Bonds - 3/15/52-54..<br>Total............</td><td>-</td><td>1,024<br>1,024</td><td>29,503</td><td>1952<br>2-1/2% Bonds - 9/15/50-52..<br>4-1/4% Bonds - 10/15/47-52..<br>3-1/2% Bonds - 12/15/49-52..<br>Total............</td><td>-</td><td>1,186<br>759<br>491<br>2,436</td><td>21,667</td></tr><tr><td>1953<br>2% Bonds - 6/15/53-55..<br>Total............</td><td>-</td><td>725<br>725</td><td>30,228</td><td>1953<br>2-1/4% Bonds - 12/15/51-53..<br>2-1/2% Bonds - 12/15/49-53..<br>Total............</td><td>-</td><td>1,118<br>1,786<br>2,904</td><td>24,571</td></tr><tr><td>1954<br>2-1/4% Bonds - 6/15/54-56..<br>Total............</td><td>-</td><td>681<br>681</td><td>30,909</td><td>1954<br>2-1/2% Bonds - 3/15/52-54..<br>2-1/4% Bonds - 6/15/51-54..<br>4% Bonds - 12/15/44-54..<br>Total............</td><td>-</td><td>1,024<br>1,627<br>1,037<br>3,688</td><td>28,259</td></tr><tr><td>1955<br>2-7/8% Bonds - 3/15/55-60..<br>Total............</td><td>-</td><td>2,611<br>2,611</td><td>33,520</td><td>1955<br>2% Bonds - 6/15/53-55..<br>3% Bonds - 9/15/51-55..<br>Total............</td><td>-</td><td>725<br>755<br>1,480</td><td>29,739</td></tr><tr><td>1956<br>2-3/4% Bonds - 9/15/56-59..<br>Total............</td><td>-</td><td>982<br>982</td><td>34,502</td><td>1956<br>3-3/4% Bonds - 3/15/46-56..<br>2-1/4% Bonds - 6/15/54-56..<br>Total............</td><td>-</td><td>489<br>681<br>1,170</td><td>30,909</td></tr><tr><td>1957</td><td>-</td><td>-</td><td>34,502</td><td>1957</td><td>-</td><td>-</td><td>30,909</td></tr><tr><td>1958<br>2-3/4% Bonds - 6/15/58-63..<br>Total............</td><td>-</td><td>919<br>919</td><td>35,421</td><td>1958</td><td>-</td><td>-</td><td>30,909</td></tr><tr><td>1959</td><td>-</td><td>-</td><td>35,421</td><td>1959<br>2-3/4% Bonds - 9/15/56-59..<br>Total............</td><td>-</td><td>982<br>982</td><td>31,891</td></tr><tr><td>1960<br>2-3/4% Bonds - 12/15/60-65..<br>Total............</td><td>-</td><td>1,485<br>1,485</td><td>36,906</td><td>1960<br>2-7/8% Bonds - 3/15/55-60..<br>Total............</td><td>-</td><td>2,611<br>2,611</td><td>34,502</td></tr><tr><td>1961<br>3% Panama Canal bonds - 6/1/61.....<br>Total............</td><td>50</td><td>-</td><td>36,956</td><td>1961<br>3% Panama Canal bonds - 6/1/61.....<br>Total............</td><td>50</td><td>-</td><td>34,552</td></tr><tr><td>1962</td><td>-</td><td>-</td><td>36,956</td><td>1962</td><td>-</td><td>-</td><td>34,552</td></tr><tr><td>1963</td><td>-</td><td>-</td><td>36,956</td><td>1963<br>2-3/4% Bonds - 6/15/58-63..<br>Total............</td><td>-</td><td>919<br>919</td><td>35,471</td></tr><tr><td>1964</td><td>-</td><td>-</td><td>36,956</td><td>1964</td><td>-</td><td>-</td><td>35,471</td></tr><tr><td>1965</td><td>-</td><td>-</td><td>36,956</td><td>1965<br>2-3/4% Bonds - 12/15/60-65..<br>Total............</td><td>-</td><td>1,485<br>1,485</td><td>36,956</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.
22
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>$22,157,643,120</td><td>$ 742,175,955</td><td>3.350</td></tr><tr><td>1934</td><td>26,480,487,870</td><td>842,301,131</td><td>3.181</td></tr><tr><td>1935</td><td>27,645,241,088</td><td>750,678,123</td><td>2.715</td></tr><tr><td>1936</td><td>32,988,790,135</td><td>044,996,902</td><td>2.562</td></tr><tr><td>1937</td><td>35,800,109,418</td><td>924,275,241</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>39,885,969,732</td><td>1,036,937,397</td><td>2.600</td></tr><tr><td>1940</td><td>42,376,495,928</td><td>1,094,619,914</td><td>2.583</td></tr><tr><td>1940-April</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>1,094,619,914</td><td>2.583</td></tr><tr><td>July</td><td>43,186,483,544</td><td>1,114,872,891</td><td>2.582</td></tr><tr><td>August</td><td>43,316,616,931</td><td>1,118,109,481</td><td>2.581</td></tr><tr><td>September</td><td>43,479,954,349</td><td>1,121,989,746</td><td>2.580</td></tr><tr><td>October</td><td>43,560,308,589</td><td>1,127,497,712</td><td>2.588</td></tr><tr><td>November</td><td>43,706,990,015</td><td>1,131,161,393</td><td>2.588</td></tr><tr><td>December</td><td>44,458,486,252</td><td>1,140,790,578</td><td>2.566</td></tr><tr><td>1941-January</td><td>45,320,394,574</td><td>1,151,796,977</td><td>2.541</td></tr><tr><td>February</td><td>45,535,287,070</td><td>1,157,610,751</td><td>2.542</td></tr><tr><td>March</td><td>46,580,812,461</td><td>1,178,076,621</td><td>2.529</td></tr><tr><td>April</td><td>46,673,368,395</td><td>1,181,178,483</td><td>2.531</td></tr></table>
Basic: 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
(Percent)
<table><tr><th></th><th>Treasury bonds 1/</th><th>Corporate bonds 2/</th><th>Spread between Treasury and corporate bonds</th><th></th><th>Treasury bonds 1/</th><th>Corporate bonds 2/</th><th>Spread between Treasury and corporate bonds</th><th></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></td><td>Daily (continued)</td><td></td><td></td><td></td></tr><tr><td>1940-Apr.</td><td>2.25</td><td>2.74</td><td>.49</td><td>1941-Feb. 5</td><td>2.09</td><td>2.67</td><td>.58</td><td>1941-Apr. 14</td><td>1.99</td><td>2.77</td><td>.78</td></tr><tr><td>May....</td><td>2.38</td><td>2.87</td><td>.49</td><td>11</td><td>2.10</td><td>2.70</td><td>.60</td><td>15</td><td>1.99</td><td>2.78</td><td>.79</td></tr><tr><td>June...</td><td>2.39</td><td>2.93</td><td>.54</td><td>19</td><td>2.12</td><td>2.76</td><td>.64</td><td>16</td><td>1.99</td><td>2.78</td><td>.79</td></tr><tr><td>July....</td><td>2.28</td><td>2.85</td><td>.57</td><td>26</td><td>2.05</td><td>2.76</td><td>.71</td><td>17</td><td>1.96</td><td>2.77</td><td>.81</td></tr><tr><td>Aug....</td><td>2.25</td><td>2.80</td><td>.55</td><td>Mar. 5</td><td>2.06</td><td>2.76</td><td>.70</td><td>18</td><td>1.93</td><td>2.76</td><td>.83</td></tr><tr><td>Sept...</td><td>2.18</td><td>2.71</td><td>.53</td><td>12</td><td>2.03</td><td>2.72</td><td>.69</td><td>19</td><td>1.93</td><td>2.76</td><td>.83</td></tr><tr><td>Oct.....</td><td>2.10</td><td>2.70</td><td>.60</td><td>19</td><td>1.98</td><td>2.72</td><td>.74</td><td>21</td><td>1.89</td><td>2.77</td><td>.88</td></tr><tr><td>Nov.....</td><td>1.97</td><td>2.65</td><td>.68</td><td>26</td><td>1.99</td><td>2.74</td><td>.75</td><td>22</td><td>1.91</td><td>2.77</td><td>.86</td></tr><tr><td>Dec.....</td><td>1.89</td><td>2.59</td><td>.70</td><td>Apr. 2</td><td>2.00</td><td>2.73</td><td>.73</td><td>23</td><td>1.91</td><td>2.77</td><td>.86</td></tr><tr><td>1941-Jan.</td><td>1.99</td><td>2.57</td><td>.58</td><td>9</td><td>2.02</td><td>2.76</td><td>.74</td><td>24</td><td>1.90</td><td>2.76</td><td>.86</td></tr><tr><td>Feb....</td><td>2.10</td><td>2.71</td><td>.61</td><td>16</td><td>1.99</td><td>2.78</td><td>.79</td><td>25</td><td>1.91</td><td>2.78</td><td>.87</td></tr><tr><td>Mar....</td><td>2.01</td><td>2.73</td><td>.72</td><td>23</td><td>1.91</td><td>2.77</td><td>.86</td><td>26</td><td>1.91</td><td>2.77</td><td>.86</td></tr><tr><td>Apr....</td><td>1.96</td><td>2.76</td><td>.80</td><td>30</td><td>1.90</td><td>2.75</td><td>.85</td><td>28</td><td>1.91</td><td>2.78</td><td>.87</td></tr><tr><td></td><td></td><td></td><td></td><td>May 7</td><td>1.94</td><td>2.76</td><td>.82</td><td>29</td><td>1.90</td><td>2.77</td><td>.87</td></tr><tr><td>Weekly 4/</td><td></td><td></td><td></td><td>14</td><td>1.91</td><td>2.77</td><td>.86</td><td>30</td><td>1.90</td><td>2.75</td><td>.85</td></tr><tr><td>1940-Nov. 6</td><td>2.04</td><td>2.69</td><td>.65</td><td></td><td></td><td></td><td></td><td>May 1</td><td>1.91</td><td>2.75</td><td>.84</td></tr><tr><td>13</td><td>1.96</td><td>2.66</td><td>.70</td><td></td><td></td><td></td><td></td><td>2</td><td>1.91</td><td>2.75</td><td>.84</td></tr><tr><td>20</td><td>1.94</td><td>2.64</td><td>.70</td><td>Daily</td><td></td><td></td><td></td><td>3</td><td>1.91</td><td>2.75</td><td>.84</td></tr><tr><td>27</td><td>1.92</td><td>2.62</td><td>.70</td><td>1941-Apr. 1</td><td>1.99</td><td>2.72</td><td>.73</td><td>5</td><td>1.90</td><td>2.76</td><td>.86</td></tr><tr><td>Dec. 4</td><td>1.92</td><td>2.61</td><td>.69</td><td>2</td><td>2.00</td><td>2.73</td><td>.73</td><td>6</td><td>1.91</td><td>2.75</td><td>.84</td></tr><tr><td>11</td><td>1.87</td><td>2.59</td><td>.72</td><td>3</td><td>2.01</td><td>2.73</td><td>.72</td><td>7</td><td>1.94</td><td>2.76</td><td>.82</td></tr><tr><td>18</td><td>1.89</td><td>2.57</td><td>.68</td><td>4</td><td>2.01</td><td>2.75</td><td>.74</td><td>8</td><td>1.93</td><td>2.75</td><td>.82</td></tr><tr><td>24</td><td>1.89</td><td>2.59</td><td>.70</td><td>5</td><td>2.01</td><td>2.74</td><td>.73</td><td>9</td><td>1.93</td><td>2.75</td><td>.82</td></tr><tr><td>31</td><td>1.88</td><td>2.57</td><td>.69</td><td>7</td><td>2.01</td><td>2.74</td><td>.73</td><td>10</td><td>1.91</td><td>2.76</td><td>.85</td></tr><tr><td>1941-Jan. 8</td><td>2.00</td><td>2.58</td><td>.58</td><td>8</td><td>2.01</td><td>2.74</td><td>.73</td><td>12</td><td>1.92</td><td>2.76</td><td>.84</td></tr><tr><td>15</td><td>1.98</td><td>2.56</td><td>.58</td><td>9</td><td>2.02</td><td>2.76</td><td>.74</td><td>13</td><td>1.92</td><td>2.77</td><td>.85</td></tr><tr><td>22</td><td>2.02</td><td>2.57</td><td>.55</td><td>10</td><td>2.02</td><td>2.76</td><td>.74</td><td>14</td><td>1.91</td><td>2.77</td><td>.86</td></tr><tr><td>29</td><td>2.02</td><td>2.58</td><td>.56</td><td>11</td><td>-</td><td>-</td><td>-</td><td>15</td><td>1.92</td><td>2.76</td><td>.84</td></tr><tr><td></td><td></td><td></td><td></td><td>12</td><td>2.01</td><td>2.76</td><td>.75</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, July 1940, p. 27, and subsequent issues; 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, July 1940, p. 27, and subsequent issues.
1/ Average of Treasury bonds not due or callable for twelve years.
2/ Average of 5 bonds.
3/ Average of daily figures.
4/ Wednesday figures.
COMPARATIVE YIELDS OF AVERAGE OF ALL LONG-TERM U.S. TREASURY AND AVERAGE OF HIGH Grade CORPORATE BONDS
Yields Based on Wednesday Quotations
23
YIELDS OF TREASURY BONDS AND NOTES MAY 15, 1941 Based on Closing Prices
Note: For callable bonds yields are computed to and issues plotted as of the earliest call date if the bond is selling above par and as of the final maturity date if the bond is selling below par. The smooth curves are fitted by eye. Dollar amounts shown in descriptions of issues are in millions. Issues for which an exchange offer has been made and has expired are excluded. The yields of taxable securities are not reflected by the curves.
24
GOVERNMENTAL CORPORATIONS AND CREDIT AGENCIES OF THE UNITED STATES
— 25 —
26
Assets and Liabilities of Governmental Corporations and Credit Agencies and Analysis of Proprietary Interest of the United States as of March 31, 1941
(In millions of dollars)
<table><tr><th rowspan="2"></th><th rowspan="2">Assets 1/</th><th colspan="3">Liabilities and reserves 1/</th><th rowspan="2">Excess of assets (Total proprietary interest) 1/</th><th rowspan="2">Privately owned</th><th colspan="5">Proprietary interest Owned by United States</th></tr><tr><th>Total</th><th>Guaranteed by United States (Includes accrued interest)</th><th>Not guaranteed by United States</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>147.0</td><td>2.7</td><td>-</td><td>2.7</td><td>144.3</td><td>4.2</td><td>140.1</td><td>109.0</td><td>19.2</td><td>-</td><td>11.9</td></tr><tr><td>Commodity Credit Corporation</td><td>973.6</td><td>810.1</td><td>698.1 5/</td><td>112.0</td><td>163.5</td><td>-</td><td>163.5</td><td>100.0</td><td>-1.5</td><td>65.0</td><td>-</td></tr><tr><td>Disaster Loan Corporation</td><td>22.9</td><td>.4</td><td>-</td><td>.4</td><td>22.5</td><td>-</td><td>22.5</td><td>24.0</td><td>-1.5</td><td>-</td><td>-</td></tr><tr><td>Electric Home and Farm Authority</td><td>14.5</td><td>13.3</td><td>-</td><td>13.3</td><td>1.2</td><td>-</td><td>1.2</td><td>.9</td><td>.3</td><td>-</td><td>-</td></tr><tr><td>Export-Import Bank of Washington</td><td>183.1</td><td>.2</td><td>-</td><td>.2</td><td>182.9</td><td>-</td><td>182.9</td><td>175.0</td><td>7.9</td><td>-</td><td>-</td></tr><tr><td>Farm Credit Administration</td><td>280.4</td><td>193.2</td><td>-</td><td>193.2</td><td>87.2</td><td>-</td><td>87.2</td><td>-</td><td>-</td><td>87.2</td><td>-</td></tr><tr><td>Farm Security Administration</td><td>445.2</td><td>28.1</td><td>-</td><td>28.1</td><td>417.1</td><td>-</td><td>417.1</td><td>-</td><td>-</td><td>361.4</td><td>35.7</td></tr><tr><td>Federal Crop Insurance Corporation</td><td>18.6</td><td>4.9</td><td>-</td><td>4.9</td><td>13.7</td><td>-</td><td>13.7</td><td>14.0</td><td>-</td><td>-</td><td>-3</td></tr><tr><td>Federal Deposit Insurance Corporation</td><td>555.3</td><td>266.0</td><td>-</td><td>266.0</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>1,526.7</td><td>1,327.6</td><td>1,282.1</td><td>45.5</td><td>199.1</td><td>-</td><td>199.1</td><td>200.0</td><td>-</td><td>-</td><td>-9</td></tr><tr><td>Federal Home Loan Banks</td><td>302.8</td><td>120.4</td><td>-</td><td>120.4</td><td>182.4</td><td>57.7</td><td>124.7</td><td>124.7</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Federal Housing Administration</td><td>76.7</td><td>19.2</td><td>15.2</td><td>3.0</td><td>57.5</td><td>-</td><td>57.5</td><td>-</td><td>-</td><td>57.5</td><td>-</td></tr><tr><td>Federal Intermediate Credit Banks</td><td>288.2</td><td>216.0</td><td>-</td><td>216.0</td><td>72.2</td><td>-</td><td>72.2</td><td>60.0</td><td>24.1</td><td>-</td><td>-11.9</td></tr><tr><td>Federal Land Banks 3/</td><td>2,228.8</td><td>1,805.1</td><td>-</td><td>1,805.1</td><td>423.7</td><td>219.6</td><td>204.1</td><td>67.2</td><td>146.0</td><td>-</td><td>-9.1</td></tr><tr><td>Federal National Mortgage Association</td><td>195.2</td><td>89.2</td><td>-</td><td>89.2</td><td>106.0</td><td>-</td><td>106.0</td><td>10.0</td><td>8.0</td><td>-</td><td>88.0</td></tr><tr><td>Federal Prison Industries, Incorporated</td><td>9.7</td><td>.3</td><td>-</td><td>.3</td><td>9.4</td><td>-</td><td>9.4</td><td>-</td><td>5.3</td><td>4.1</td><td>-</td></tr><tr><td>Federal Savings and Loan Insurance Corporation</td><td>129.6</td><td>1.6</td><td>-</td><td>1.6</td><td>128.0</td><td>-</td><td>128.0</td><td>100.0</td><td>28.0</td><td>-</td><td>-</td></tr><tr><td>Home Owners' Loan Corporation</td><td>2,691.4</td><td>2,680.1</td><td>2,630.7</td><td>49.4</td><td>11.3</td><td>-</td><td>11.3</td><td>200.0</td><td>-88.7</td><td>-</td><td>-100.0</td></tr><tr><td>Inland Waterways Corporation 4/</td><td>24.9</td><td>.9</td><td>-</td><td>.9</td><td>24.0</td><td>-</td><td>24.0</td><td>12.0</td><td>12.0</td><td>-</td><td>-</td></tr><tr><td>Interior Department (Indian Loans)</td><td>2.6</td><td>-</td><td>-</td><td>-</td><td>2.6</td><td>-</td><td>2.6</td><td>-</td><td>-</td><td>2.6</td><td>-</td></tr><tr><td>Panama Railroad Company 4/</td><td>51.7</td><td>2.0</td><td>-</td><td>2.0</td><td>49.7</td><td>-</td><td>49.7</td><td>7.0</td><td>44.3</td><td>-</td><td>-1.6</td></tr><tr><td>Production Credit Corporations</td><td>109.7</td><td>.4</td><td>-</td><td>.4</td><td>109.3</td><td>-</td><td>109.3</td><td>105.0</td><td>4.3</td><td>-</td><td>-</td></tr><tr><td>Public Works Administration</td><td>92.3</td><td>-</td><td>-</td><td>-</td><td>92.3</td><td>-</td><td>92.3</td><td>-</td><td>-</td><td>92.3</td><td>-</td></tr><tr><td>Puerto Rican Reconstruction Administration</td><td>6.8</td><td>-</td><td>-</td><td>-</td><td>6.8</td><td>-</td><td>6.8</td><td>-</td><td>-</td><td>6.8</td><td>-</td></tr><tr><td>Reconstruction Finance Corporation</td><td>1,631.7</td><td>1,457.4</td><td>1,099.7 5/</td><td>357.7</td><td>174.3</td><td>-</td><td>174.3</td><td>500.0</td><td>199.3</td><td>-</td><td>259.5</td><td>-784.5</td></tr><tr><td>Regional Agricultural Credit Corporations</td><td>22.3</td><td>1.5</td><td>-</td><td>1.5</td><td>20.8</td><td>-</td><td>20.8</td><td>5.0</td><td>15.8</td><td>-</td><td>-</td></tr><tr><td>RFC Mortgage Company</td><td>72.0</td><td>2.0</td><td>-</td><td>2.0</td><td>70.0</td><td>-</td><td>70.0</td><td>25.0</td><td>.1</td><td>-</td><td>44.9</td></tr><tr><td>Rural Electrification Administration</td><td>272.6</td><td>-</td><td>-</td><td>-</td><td>272.6</td><td>-</td><td>272.6</td><td>-</td><td>-</td><td>113.1</td><td>159.5</td></tr><tr><td>Tennessee Valley Authority</td><td>379.7</td><td>16.2</td><td>5/</td><td>16.2</td><td>363.5</td><td>-</td><td>363.5</td><td>-</td><td>-</td><td>307.9</td><td>56.8</td><td>-1.2</td></tr><tr><td>Tennessee Valley Associated Cooperatives, Inc. 4/</td><td>.3</td><td>-</td><td>-</td><td>-</td><td>.3</td><td>-</td><td>.3</td><td>.3</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Treasury Department (Miscellaneous securities held)</td><td>78.6</td><td>-</td><td>-</td><td>-</td><td>78.6</td><td>-</td><td>78.6</td><td>-</td><td>-</td><td>78.6</td><td>-</td></tr><tr><td>United States Housing Authority</td><td>379.5</td><td>232.4</td><td>226.6 5/</td><td>5.8</td><td>147.1</td><td>-</td><td>147.1</td><td>1.0</td><td>136.1</td><td>-</td><td>10.0</td><td>-</td></tr><tr><td>United States Maritime Commission</td><td>316.3</td><td>164.9</td><td>-</td><td>164.9</td><td>151.9</td><td>-</td><td>151.9</td><td>-</td><td>-</td><td>159.5</td><td>-7.6</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>Hvvy Department (Sale of surplus war supplies)</td><td>4.5</td><td>-</td><td>-</td><td>-</td><td>4.5</td><td>-</td><td>4.5</td><td>-</td><td>-</td><td>4.5</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 6/</td><td>131.7</td><td>1.3</td><td>-</td><td>1.3</td><td>130.4</td><td>-</td><td>130.4</td><td>27.0</td><td>-1.3</td><td>-</td><td>104.7</td></tr><tr><td>Interagency Items (Exclusive of proprietary interests):</td><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>Due from agencies not listed above</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td>392.1</td><td></td><td>-392.1</td><td></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>-21.1</td><td></td><td></td><td>21.1</td><td></td></tr><tr><td>Subtotal</td><td>13,670.0</td><td>9,457.4</td><td>5,953.4</td><td>3,504.0</td><td>4,212.6</td><td>420.8</td><td>3,791.8</td><td>2,051.0</td><td>525.9</td><td>1,666.6</td><td>391.3</td><td>-843.0</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>-450.7</td><td>-1.0</td><td></td><td></td><td>451.7</td></tr><tr><td>Total</td><td>13,670.0</td><td>9,457.4</td><td>5,953.4</td><td>3,504.0</td><td>4,212.6</td><td>420.8</td><td>3,791.8</td><td>1,600.3</td><td>524.9</td><td>1,666.6</td><td>391.3</td><td>-391.3</td></tr></table>
Source: Daily Treasury Statements. Less than $100,000. 1/ Excludes interagency assets and liabilities (except marketable security issues and deposits with Reconstruction Finance Corporation). 2/ Negative items represent net excess of interagency assets over interagency liabilities. 3/ Includes the assets and liabilities of the Federal land banks of Louisville and Houston which have retired the capital stock and paid-in surplus previously held by the Federal Government. 4/ Figures reported are as of February 28, 1941. Figures for March 31, 1941 not available. 5/ Obligations held by the Secretary of the Treasury are shown as interagency interests. 5/ Comprises Metale Reserve Company, Rubber Reserve Company, Defense Plant Corporation, Defense Supplies Corporation, and Defense Homes Corporation.
27
Sources of Funds of Certain Governmental Corporations and Credit Agencies for the First 9 Months, Fiscal Year 1941
<table><tr><th>Corporation or agency</th><th>Appropriations from General Fund of the Treasury 1/</th><th>Allocations, rediscounts, and loans from other governmental corporations and credit agencies (net)</th><th>Sale of obligations to Treasury (net)</th><th>Sale of obligations in the market (net)</th><th>Sale of stock to other agencies</th></tr><tr><td>Central Bank for Cooperatives.</td><td>$-20,000,000 2/</td><td>$ 4,893,958</td><td>-</td><td>-</td><td>$ 117,200</td></tr><tr><td>Commodity Credit Corporation.</td><td>-</td><td>-</td><td>$ 40,000,000</td><td>$289,458,000</td><td>-</td></tr><tr><td>Disaster Loan Corporation.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Electric Home and Farm Authority.</td><td>-</td><td>-</td><td>-</td><td>136,465</td><td>-</td></tr><tr><td>Export-Import Bank of Washington.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>100,000,000</td></tr><tr><td>Federal Deposit Insurance Corporation.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Federal Farm Mortgage Corporation.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Federal Home Loan Banks.</td><td>-</td><td>-</td><td>-</td><td>44,960,300</td><td>-</td></tr><tr><td>Federal National Mortgage Association.</td><td>-</td><td>24,745,763</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Federal Savings and Loan Insurance Corporation.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Home Owners' Loan Corporation.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Reconstruction Finance Corporation.</td><td>-</td><td>-</td><td>252,451,442</td><td>600,000</td><td>-</td></tr><tr><td>RFC Mortgage Company.</td><td>-</td><td>10,130,717</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Rural Electrification Administration.</td><td>19,443,266</td><td>36,235,806</td><td>-</td><td>-</td><td>-</td></tr><tr><td>United States Housing Authority.</td><td>4,020,716</td><td>-</td><td>10,000,000</td><td>112,099,000</td><td>-</td></tr><tr><td>Other Corporations 3/.</td><td>-</td><td>104,204,993</td><td>-</td><td>-</td><td>27,000,000</td></tr><tr><td>Total.</td><td>$ 3,463,982</td><td>$180,211,237</td><td>$302,451,442</td><td>$447,253,765</td><td>$127,117,200</td></tr></table>
<table><tr><th>Corporation or agency</th><th>Sale of other property acquired</th><th>Repayment of loans 1/</th><th>Interest, dividends, assessments, and property income</th><th>Other receipts</th><th>Total, sources of funds</th></tr><tr><td>Central Bank for Cooperatives</td><td>-</td><td>$ 41,022,490</td><td>$ 668,667</td><td>$ 1,959,715</td><td>$ 28,662,030</td></tr><tr><td>Commodity Credit Corporation</td><td>$18,863,014</td><td>53,218,836</td><td>1,281,945</td><td>2,526,119</td><td>$405,347,914</td></tr><tr><td>Disaster Loan Corporation</td><td>59,056</td><td>2,867,223</td><td>642,293</td><td>233,533</td><td>3,802,105</td></tr><tr><td>Electric Home and Farm Authority</td><td>-</td><td>6,811,332</td><td>826,260</td><td>45,590</td><td>7,819,647</td></tr><tr><td>Export-Import Bank of Washington</td><td>-</td><td>10,911,758</td><td>2,363,241</td><td>-</td><td>113,274,999</td></tr><tr><td>Federal Deposit Insurance Corporation</td><td>-</td><td>20,623,414</td><td>58,501,400</td><td>297,223</td><td>79,422,037</td></tr><tr><td>Federal Farm Mortgage Corporation</td><td>3,886,385</td><td>52,826,414</td><td>46,762,059</td><td>500,428</td><td>103,975,286</td></tr><tr><td>Federal Home Loan Banks</td><td>-</td><td>110,065,805</td><td>4,309,351</td><td>-</td><td>159,335,456</td></tr><tr><td>Federal National Mortgage Association</td><td>266,124</td><td>9,507,638</td><td>6,263,177</td><td>177,096</td><td>40,959,798</td></tr><tr><td>Federal Savings and Loan Insurance Corporation</td><td>-</td><td>-</td><td>4,187,768</td><td>1,625</td><td>4,189,393</td></tr><tr><td>Home Owners' Loan Corporation</td><td>35,675,691</td><td>131,713,194</td><td>88,168,779</td><td>7,283,230</td><td>262,840,894</td></tr><tr><td>Reconstruction Finance Corporation</td><td>3,497,694</td><td>228,293,952</td><td>44,257,156</td><td>19,931,648</td><td>549,031,892</td></tr><tr><td>RFC Mortgage Company</td><td>155,122</td><td>11,600,673</td><td>2,053,091</td><td>709,917</td><td>24,549,520</td></tr><tr><td>Rural Electrification Administration</td><td>-</td><td>4,082,251</td><td>2,501,953</td><td>5,829</td><td>62,269,105</td></tr><tr><td>United States Housing Authority</td><td>166,302</td><td>270,801,340</td><td>5,716,181</td><td>-</td><td>402,803,539</td></tr><tr><td>Other Corporations 3/</td><td>5,185,354</td><td>-</td><td>2</td><td>4,921</td><td>136,395,270</td></tr><tr><td>Total</td><td>$67,754,742</td><td>$954,346,320</td><td>$268,503,323</td><td>$33,676,874</td><td>$2,384,778,885</td></tr></table>
Sources: Reports received from the corporations and agencies. 1/ Items in this column are the only ones in this statement which constitute a charge against the Federal Budget. They represent amounts of funds drawn against available appropriations. 2/ Repayment to Farm Credit Administration of portion of amount invested in Capital Stock of Central Bank for Cooperatives. 3/ Includes Metals Reserve Company, Rubber Reserve Company, Defense Plant Corporation, Defence Supplies Corporation, and Defense Homes Corporation. h/ Receipts from the sale of property acquired in liquidation of loans are shown as "Sale of other property acquired".
28
Uses of Funds of Certain Governmental Corporations and Credit Agencies for the First 9 Months, Fiscal Year 1941
<table><tr><th>Corporation or agency</th><th colspan="2">Expenses</th><th>Purchase and improvement of property owned</th><th>Loans</th><th>Retirement of obligations issued in exchange for mortgagee 1/</th></tr><tr><th></th><th>Administrative</th><th>Nonadministrative</th><th></th><th></th><th></th></tr><tr><td>Central Bank for Cooperatives</td><td>$ 106,091</td><td>-</td><td>-</td><td>$ 44,709,162</td><td>-</td></tr><tr><td>Commodity Credit Corporation</td><td>2,485,121</td><td>-</td><td>$ 69,054,027</td><td>276,507,150</td><td>-</td></tr><tr><td>Disaster Loan Corporation</td><td>558,725</td><td>$ 35,959</td><td>-</td><td>1,358,003</td><td>-</td></tr><tr><td>Electric Home and Farm Authority</td><td>366,049</td><td>229,573</td><td>-</td><td>7,101,783</td><td>-</td></tr><tr><td>Export-Import Bank of Washington</td><td>72,731</td><td>5</td><td>-</td><td>70,211,168</td><td>-</td></tr><tr><td>Federal Deposit Insurance Corporation</td><td>2,758,689</td><td>-</td><td>-</td><td>9,158,231</td><td>-</td></tr><tr><td>Federal Farm Mortgage Corporation</td><td>6,503,358</td><td>884,794</td><td>2,319,876</td><td>27,978,663</td><td>-</td></tr><tr><td>Federal Home Loan Banks</td><td>880,098</td><td>-</td><td>-</td><td>98,627,655</td><td>-</td></tr><tr><td>Federal National Mortgage Association</td><td>868,869</td><td>880,564</td><td>-</td><td>36,857,048</td><td>-</td></tr><tr><td>Federal Savings and Loan Insurance Corporation</td><td>194,171</td><td>5,740</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Home Owners' Loan Corporation</td><td>15,324,247</td><td>21,169,044</td><td>9,535,722</td><td>15,557,667</td><td>$24,054,075</td></tr><tr><td>Reconstruction Finance Corporation</td><td>6,920,789</td><td>95,461</td><td>-</td><td>200,959,628</td><td>-</td></tr><tr><td>RFC Mortgage Company</td><td>631,097</td><td>1,379,423</td><td>-</td><td>21,235,028</td><td>-</td></tr><tr><td>Rural Electricatioo Administration</td><td>2,337,026</td><td>-</td><td>-</td><td>52,408,453</td><td>-</td></tr><tr><td>United States Housing Authority</td><td>3,727,826</td><td>686,919</td><td>85,569</td><td>423,965,990</td><td>-</td></tr><tr><td>Other Corporations 2/</td><td>7,569</td><td>1,292,393</td><td>120,302,557</td><td>-</td><td>-</td></tr><tr><td>Total</td><td>$43,742,456</td><td>$26,660,475</td><td>$201,297,751</td><td>$1,286,635,629</td><td>$24,054,075</td></tr></table>
<table><tr><th>Corporation or agency</th><th>Investments (net)</th><th>Allocations, rediscounts, and loans to other governmental corporations and credit agencies (net)</th><th>Interest and dividends paid</th><th>Other expenditures</th><th>Total, use of funds</th></tr><tr><td>Central Bank for Cooperatives</td><td>$-17,067,436</td><td>-</td><td>$ 33,658</td><td>$ 1,239</td><td>$ 27,782,714</td></tr><tr><td>Commodity Credit Corporation</td><td>-</td><td>$ 52,512,667</td><td>2,625,390</td><td>986,474</td><td>404,170,829</td></tr><tr><td>Disaster Loan Corporation</td><td>-</td><td>1,849,043</td><td>-</td><td>375</td><td>3,802,105</td></tr><tr><td>Electric Home and Farm Authority</td><td>-</td><td>-</td><td>146,171</td><td>6,899</td><td>7,850,475</td></tr><tr><td>Export-Import Bank of Washington</td><td>-</td><td>42,700,000</td><td>100,000</td><td>50,000</td><td>113,133,904</td></tr><tr><td>Federal Deposit Insurance Corporation</td><td>71,615,961</td><td>-</td><td>-</td><td>120,583</td><td>83,653,464</td></tr><tr><td>Federal Farm Mortgage Corporation</td><td>-245,000</td><td>-</td><td>25,562,163</td><td>2,559,113</td><td>65,562,967</td></tr><tr><td>Federal Home Loan Banks</td><td>-2,644,856</td><td>-</td><td>2,241,233</td><td>3,755,565</td><td>102,859,695</td></tr><tr><td>Federal National Mortgage Association</td><td>-</td><td>-</td><td>2,291,110</td><td>62,207</td><td>40,959,798</td></tr><tr><td>Federal Savings and Loan Insurance Corporation</td><td>3,519,047</td><td>-</td><td>-</td><td>674,531 3/4</td><td>4,393,489</td></tr><tr><td>Home Owners' Loan Corporation</td><td>-23,977,925</td><td>-</td><td>37,879,389</td><td>-</td><td>99,542,819</td></tr><tr><td>Reconstruction Finance Corporation</td><td>241,741,000</td><td>93,661,142</td><td>9,701,421</td><td>-</td><td>553,079,441</td></tr><tr><td>RFC Mortgage Company</td><td>-</td><td>-</td><td>1,404,271</td><td>-</td><td>24,649,819</td></tr><tr><td>Rural Electrification Administration</td><td>-</td><td>-</td><td>698,890</td><td>7,573</td><td>55,451,942</td></tr><tr><td>United States Housing Authority</td><td>2,095,000</td><td>-</td><td>1,764,926</td><td>3,928,008</td><td>436,254,238</td></tr><tr><td>Other Corporations 2/</td><td>-</td><td>14,622,047</td><td>-</td><td>170,704</td><td>136,395,270</td></tr><tr><td>Total</td><td>$275,035,791</td><td>$205,344,899</td><td>$84,448,622</td><td>$12,323,271</td><td>$2,159,542,969</td></tr></table>
Source: Reports received from the corporations and agencies. Data on basis of checks issued.
1/ Receipts received in payment of mortgages appear under "Repayment of loans" in the statement of sources of funds.
2/ Includes Metals Reserve Company, Rubber Reserve Company, Defense Plant Corporation, Defense Supplies Corporation, and Defense Homes Corporation.
3/ Includes expenditures for contributions and subrogated shares or claims in insured financial institutions.
29
Sources of Funds of Certain Governmental Corporations and Credit Agencies
from Inception of Organization through March 31, 1941
<table><tr><th>Corporation or agency</th><th>Appropriations from General Fund of the Treasury 1/</th><th>Allocations, rediscounts, and loans from other governmental corporations and credit agencies (net)</th><th>Sale of obligations to Treasury (net)</th><th>Sale of obligations in the market (net)</th><th>Sale of stock to other agencies</th></tr><tr><td>Central Bank for Cooperatives</td><td>$ 30,000,000</td><td>$ 6,289,780</td><td>-</td><td>-</td><td>$ 636,500</td></tr><tr><td>Commodity Credit Corporation</td><td>270,128,592 2/</td><td>-</td><td>$ 65,000,000</td><td>$ 695,252,000</td><td>-</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>11,295,000</td><td>-</td></tr><tr><td>Export-Import Bank of Washington</td><td>1,000,000</td><td>-</td><td>-</td><td>-</td><td>174,000,000</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>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>Federal Home Loan Banks</td><td>-</td><td>-</td><td>-</td><td>90,500,000</td><td>124,741,000 4/</td></tr><tr><td>Federal National Mortgage Association</td><td>-</td><td>$4,733,496</td><td>-</td><td>85,240,000</td><td>11,000,000</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>Home Owners' Loan Corporation</td><td>200,000,000 3/</td><td>-</td><td>-</td><td>3,114,453,550 5/</td><td>-</td></tr><tr><td>Reconstruction Finance Corporation</td><td>500,000,000</td><td>-</td><td>259,451,442</td><td>1,096,957,000</td><td>-</td></tr><tr><td>HFC Mortgage Company</td><td>-</td><td>43,114,946</td><td>-</td><td>-</td><td>25,000,000</td></tr><tr><td>Rural Electrification Administration</td><td>127,947,327</td><td>164,497,291</td><td>-</td><td>-</td><td>-</td></tr><tr><td>United States Housing Authority</td><td>36,689,285</td><td>-</td><td>10,000,000</td><td>226,256,000</td><td>-</td></tr><tr><td>Other Corporations 6/</td><td>-</td><td>104,204,993</td><td>-</td><td>-</td><td>27,000,000</td></tr><tr><td>Total</td><td>$1,540,765,204</td><td>$402,640,506</td><td>$334,451,442</td><td>$6,590,341,450</td><td>$601,677,057</td></tr></table>
<table><tr><th>Corporation or agency</th><th>Sale of other property acquired</th><th>Repayment of loans 1/</th><th>Interest, dividends, assessments, and property income</th><th>Other receipts</th><th>Total, sources of funds</th></tr><tr><td>Central Bank for Cooperatives</td><td>-</td><td>$ 231,408,367</td><td>$ 10,381,148</td><td>$ 4,301,020</td><td>$ 283,016,815</td></tr><tr><td>Commodity Credit Corporation</td><td>$ 48,962,959</td><td>718,219,577</td><td>16,667,154</td><td>4,532,567</td><td>1,819,762,849</td></tr><tr><td>Disaster Loan Corporation</td><td>98,537</td><td>7,154,480</td><td>1,228,716</td><td>298,539</td><td>32,780,272</td></tr><tr><td>Electric Home and Farm Authority</td><td>-</td><td>21,856,339</td><td>3,409,948</td><td>286,492</td><td>37,647,779</td></tr><tr><td>Export-Import Bank of Washington</td><td>-</td><td>46,770,190</td><td>8,693,612</td><td>707,119</td><td>231,170,921</td></tr><tr><td>Federal Deposit Insurance Corporation</td><td>-</td><td>66,619,971</td><td>297,783,430</td><td>4,243,678</td><td>657,946,636</td></tr><tr><td>Federal Farm Mortgage Corporation</td><td>13,053,209</td><td>299,211,078</td><td>416,580,403</td><td>9,678,757</td><td>2,207,911,347</td></tr><tr><td>Federal Home Loan Banks</td><td>-</td><td>583,702,050</td><td>39,311,940</td><td>76,822,830 8/</td><td>915,077,820</td></tr><tr><td>Federal National Mortgage Association</td><td>277,814</td><td>24,722,345</td><td>17,009,608</td><td>3,385,366</td><td>226,368,629</td></tr><tr><td>Federal Savings and Loan Insurance Corporation</td><td>-</td><td>-</td><td>33,348,889</td><td>121,974</td><td>133,470,863</td></tr><tr><td>Home Owners' Loan Corporation</td><td>123,194,342</td><td>908,511,142</td><td>851,702,506</td><td>21,376,647</td><td>5,219,238,187</td></tr><tr><td>Reconstruction Finance Corporation</td><td>22,125,046</td><td>5,213,698,569</td><td>597,894,203</td><td>87,591,853</td><td>7,777,718,113</td></tr><tr><td>IFC Mortgage Company</td><td>546,644</td><td>109,110,940</td><td>11,569,463</td><td>3,483,375</td><td>192,825,368</td></tr><tr><td>Rural Electrification Administration</td><td>-</td><td>5,730,528</td><td>8,535,440</td><td>6,355</td><td>306,716,941</td></tr><tr><td>United States Housing Authority</td><td>951,401</td><td>448,971,401</td><td>18,077,880</td><td>177,523</td><td>741,123,490</td></tr><tr><td>Other Corporations 6/</td><td>5,185,354</td><td>-</td><td>2</td><td>4,921</td><td>136,395,270</td></tr><tr><td>Total</td><td>$214,395,306</td><td>$8,685,686,977</td><td>$2,332,194,342</td><td>$217,019,016</td><td>$20,919,371,300</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. They represent amounts of funds drawn against available appropriations.
2/ Includes $3,000,000 I.I.R.A.; $97,000,000 R.F.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/ The Reconstruction Finance Corporation purchased the stock of the Federal Home Loan Banks from the Treasury Department on February 20, 1941. The net effect of this transaction is the same as a sale of stock to other agencies, and is shown as such for purposes of this report.
5/ Retirement of these obligations shown as "Retirement of obligations issued in exchange for mortgages" in the statement of uses of funds. Includes Metals Reserve Company, Rubber Reserve Company, Defense Plant Corporations, Defense Supplies Corporation, and Defense Homes Corporation.
6/ Receipts from the sale of property acquired in liquidation of loans are shown as "Sale of other property acquired".
7/ Includes $45,592,775 paid-in capital stock held by member institutions.
30
Uses of Funds of Certain Governmental Corporations and Credit Agencies
from Inception of Organization through March 31, 1941
<table><tr><th>Corporation or agency</th><th colspan="2">Expenses</th><th>Purchase and improvement of property owned</th><th>Loans</th><th>Retirement of obligations issued in exchange for mortgages 1/</th></tr><tr><th></th><th>Administrative</th><th>Nonadministrative</th><th></th><th></th><th></th></tr><tr><td>Central Bank for Cooperatives</td><td>$ 839,950</td><td>-</td><td>-</td><td>$ 249,040,589</td><td>-</td></tr><tr><td>Commodity Credit Corporation</td><td>7,027,139</td><td>-</td><td>$119,502,872</td><td>1,586,611,050</td><td>-</td></tr><tr><td>Disaster Loan Corporation</td><td>2,769,465</td><td>$ 129,662</td><td>-</td><td>27,381,212</td><td>-</td></tr><tr><td>Electric Home and Farm Authority</td><td>1,808,570</td><td>802,512</td><td>-</td><td>34,160,568</td><td>-</td></tr><tr><td>Export-Import Bank of Washington</td><td>447,348</td><td>2,844</td><td>-</td><td>157,891,669</td><td>-</td></tr><tr><td>Federal Deposit Insurance Corporation</td><td>22,715,214</td><td>-</td><td>-</td><td>162,686,408</td><td>-</td></tr><tr><td>Federal Farm Mortgage Corporation</td><td>68,892,046</td><td>4,306,199</td><td>12,503,687</td><td>1,021,061,994</td><td>-</td></tr><tr><td>Federal Home Loan Banks</td><td>9,312,632</td><td>-</td><td>-</td><td>729,660,947</td><td>-</td></tr><tr><td>Federal National Mortgage Association</td><td>2,411,341</td><td>2,270,600</td><td>-</td><td>216,109,090</td><td>-</td></tr><tr><td>Federal Savings and Loan Insurance Corporation</td><td>1,217,471</td><td>23,458</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Home Owners' Loan Corporation</td><td>213,155,025</td><td>114,452,436</td><td>133,903,652</td><td>3,258,830,112</td><td>$503,698,725</td></tr><tr><td>Reconstruction Finance Corporation</td><td>81,002,896</td><td>6,607,848</td><td>-</td><td>6,801,152,645</td><td>-</td></tr><tr><td>RFC Mortgage Company</td><td>4,194,214</td><td>4,580,352</td><td>-</td><td>178,909,827</td><td>-</td></tr><tr><td>Rural Electrification Administration</td><td>10,614,706</td><td>-</td><td>-</td><td>273,695,741</td><td>-</td></tr><tr><td>United States Housing Authority</td><td>13,889,756</td><td>4,962,278</td><td>26,208,833</td><td>679,305,254</td><td>-</td></tr><tr><td>Other Corporations 2/</td><td>7,569</td><td>1,292,393</td><td>120,302,557</td><td>-</td><td>-</td></tr><tr><td>Total</td><td>$440,305,342</td><td>$139,430,582</td><td>$412,421,601</td><td>$15,376,697,106</td><td>$503,698,725</td></tr></table>
<table><tr><th>Corporation or agency</th><th>Investments (net) 1/</th><th>Allocations, rediscounts, and loans to other governmental corporations and credit agencies (net)</th><th>Interest and dividends paid</th><th>Other expenditures</th><th>Total, uses of funds</th></tr><tr><td>Central Bank for Cooperatives.</td><td>$ 21,786,024</td><td>-</td><td>$ 506,478</td><td>$ 3,177,634</td><td>$ 275,350,675</td></tr><tr><td>Commodity Credit Corporation.</td><td>-</td><td>$ 63,338,152</td><td>21,956,948</td><td>18,897,054</td><td>1,817,333,215</td></tr><tr><td>Disaster Loan Corporation.</td><td>-</td><td>2,498,499</td><td>-</td><td>434</td><td>32,779,272</td></tr><tr><td>Electric Home and Farm Authority.</td><td>-</td><td>-</td><td>351,675</td><td>193,719</td><td>37,517,044</td></tr><tr><td>Export-Import Bank of Washington.</td><td>-</td><td>68,850,000</td><td>2,362,329</td><td>593,801</td><td>230,147,991</td></tr><tr><td>Federal Deposit Insurance Corporation.</td><td>420,153,797</td><td>-</td><td>-</td><td>38,492,784 2/</td><td>644,048,203</td></tr><tr><td>Federal Farm Mortgage Corporation.</td><td>761,679,840</td><td>-</td><td>256,377,395</td><td>16,675,901</td><td>2,141,497,062</td></tr><tr><td>Federal Home Loan Banks.</td><td>52,211,248</td><td>-</td><td>20,083,540</td><td>224,105</td><td>811,492,472</td></tr><tr><td>Federal National Mortgage Association.</td><td>-</td><td>-</td><td>5,443,978</td><td>133,620</td><td>226,368,629</td></tr><tr><td>Federal Savings and Loan Insurance Corporation.</td><td>126,388,158</td><td>-</td><td>3,035,326</td><td>2,396,185 2/</td><td>133,060,598</td></tr><tr><td>Home Owners' Loan Corporation.</td><td>282,646,360</td><td>-</td><td>459,782,222</td><td>6,962,953</td><td>4,973,431,485</td></tr><tr><td>Reconstruction Finance Corporation.</td><td>351,741,000</td><td>280,926,037</td><td>242,036,055</td><td>13,963,342</td><td>7,777,429,823</td></tr><tr><td>RPC Mortgage Company.</td><td>-</td><td>-</td><td>5,139,578</td><td>545</td><td>192,824,516</td></tr><tr><td>Rural Electrification Administration.</td><td>-</td><td>-</td><td>2,462,563</td><td>371,526</td><td>287,144,536</td></tr><tr><td>United States Housing Authority.</td><td>5,895,000</td><td>-</td><td>3,487,835</td><td>3,988,866</td><td>737,737,822</td></tr><tr><td>Other Corporations 2/.</td><td>-</td><td>14,622,047</td><td>-</td><td>170,704</td><td>136,395,270</td></tr><tr><td>Total.</td><td>$2,022,501,427</td><td>$430,234,735</td><td>$1,023,025,922</td><td>$106,243,173</td><td>$20,454,558,613</td></tr></table>
Source: 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 Metals Reserve Company, Rubber Reserve Company, Defense Plant Corporation, Defense Supplies Corporation, and Defense Homes Corporation.
3/ Includes U. S. Government bonds in the amount of $166,617,073 as follows: Federal Deposit Insurance Corporation, $112,663,656; Federal Savings and Loan Insurance Corporation, $15,104,500; U. S. Housing Authority, $5,895,000; Federal Home Loan Banks, $32,893,917.
4/ Includes expenditures for contributions and subrogated shares or claims in insured financial institutions.
31
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 unmatured 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>234.8</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>298.9</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>819.7</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>1940-April</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>1,096.3</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>August</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>September</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>October</td><td>5,790.5</td><td>696.2</td><td>1,269.4</td><td>12.1</td><td>2,601.8</td><td>1,096.6</td><td>114.2</td></tr><tr><td>November</td><td>5,901.0</td><td>696.2</td><td>1,269.4</td><td>12.6</td><td>2,599.8</td><td>1,096.7</td><td>226.3</td></tr><tr><td>December</td><td>5,901.4</td><td>696.2</td><td>1,269.4</td><td>12.9</td><td>2,599.8</td><td>1,096.8</td><td>226.3</td></tr><tr><td>1941-January</td><td>5,900.8</td><td>696.2</td><td>1,269.4</td><td>12.3</td><td>2,599.8</td><td>1,096.8</td><td>226.3</td></tr><tr><td>February</td><td>5,901.1</td><td>696.2</td><td>1,269.4</td><td>12.6</td><td>2,599.8</td><td>1,096.8</td><td>226.3</td></tr><tr><td>March</td><td>5,904.6</td><td>696.2</td><td>1,269.4</td><td>16.0</td><td>2,599.8</td><td>1,096.9</td><td>226.3</td></tr><tr><td>April</td><td>6,549.6</td><td>696.2</td><td>1,269.4</td><td>16.6</td><td>2,599.8</td><td>1,741.3</td><td>226.3</td></tr></table>
Sources: Daily Treasury Statements. 1/ Exclude 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 colspan="2">For cash</th><th colspan="3">in exchange for</th><th></th></tr><tr><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th>Amount of exchanges</th><th>Rate (per-cent)</th><th>Date of issue</th><th>Call or maturity date</th><th></th></tr><tr><th></th><th></th><th></th><th></th><th></th><th></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 yrs.</td><td>Aug. 1, 1941</td><td>-</td><td>203</td><td>2,353</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 yrs., 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 yrs., 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 yrs.</td><td>May 15, 1944</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 yrs.</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 yrs.</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/</td><td>1-3/4</td><td>3 yrs.</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/</td><td>2</td><td>4 yrs.</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 yrs.</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 yr.</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 yrs.</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 yrs.</td><td>June 1, 1945</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 yrs.</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 yrs.</td><td>Nov. 1, 1941</td><td>-</td><td>297</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 yrs., 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 yrs., 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></td><td>Apr. 17, 1941</td><td>7/8</td><td>18 mos.</td><td>Oct. 15, 1942</td><td>-</td><td>320</td><td>2,947</td><td>320</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td></td><td>Apr. 17, 1941</td><td>1-1/8</td><td>2 yrs., 3 mos.</td><td>July 15, 1943</td><td>-</td><td>324</td><td>3,561</td><td>324</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 yrs.</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 yr.</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, 1938, tendered for purchase, this transaction was in effect an exchange offering and is so shown in this statement.
32
Maturity Schedule of Securities Guaranteed by the United States As of April 30, 1941
(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>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 N - 7/20/41.....</td><td>211</td><td></td><td></td><td>7/8% RFC Notes N - 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>300</td><td></td><td></td><td>7/8% RFC Notes P - 11/1/41.....</td><td>300</td><td></td><td></td></tr><tr><td>1/4% USHA Notes E - 11/1/41.....</td><td>112</td><td></td><td></td><td>1/4% USHA Notes E - 11/1/41.....</td><td>112</td><td></td><td></td></tr><tr><td>1% CCC Notes I - 11/15/41.....</td><td>204</td><td></td><td></td><td>1% CCC Notes I - 11/15/41.....</td><td>204</td><td></td><td></td></tr><tr><td>Total....................</td><td>1,221</td><td>-</td><td>1,221</td><td>Total....................</td><td>1,221</td><td>-</td><td>1,221</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% FPMC 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% FPMC Bonds - 3/1/42-47.....</td><td></td><td>103</td><td></td><td>7/8% RFC Notes U - 10/15/42.....</td><td>320</td><td></td><td></td></tr><tr><td>1% RFC Notes S - 7/1/42-47.....</td><td>276</td><td></td><td></td><td>Total....................</td><td>906</td><td>-</td><td>2,127</td></tr><tr><td>2-1/4% HOLC Bonds G - 7/1/42-44.....</td><td></td><td>875</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>7/8% RFC Notes U - 10/15/42.....</td><td>320</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total....................</td><td>906</td><td>1,214</td><td>3,341</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 P - 5/1/43.....</td><td>289</td><td></td><td></td><td>3/4% CCC Notes P - 5/1/43.....</td><td>289</td><td></td><td></td></tr><tr><td>1-1/8% RFC Notes V - 7/15/43.....</td><td>324</td><td></td><td></td><td>1-1/8% RFC Notes V - 7/15/43.....</td><td>324</td><td></td><td></td></tr><tr><td>Total....................</td><td>613</td><td>-</td><td>3,954</td><td>Total....................</td><td>613</td><td>-</td><td>2,740</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% FPMC Bonds - 3/15/44-64.....</td><td></td><td>95</td><td></td><td>2-1/4% HOLC Bonds G - 7/1/42-44.....</td><td></td><td>875</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>875</td><td>3,729</td></tr><tr><td>3% FPMC 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>5,777</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 H - 6/1/45-47.....</td><td></td><td>755</td><td></td><td></td><td></td><td>-</td><td>3,729</td></tr><tr><td>Total....................</td><td>-</td><td>755</td><td>6,532</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>6,532</td><td></td><td>-</td><td>-</td><td>3,729</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>6,532</td><td>3% FPMC 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% FPMC 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 H - 6/1/45-47.....</td><td>-</td><td>755</td><td>4,823</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>6,532</td><td></td><td>-</td><td>-</td><td>4,823</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>6,532</td><td>3% FPMC 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>5,658</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>6,532</td><td></td><td>-</td><td>-</td><td>5,658</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>6,532</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>6,437</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>6,532</td><td></td><td>-</td><td>-</td><td>6,437</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>6,532</td><td>3-1/4% FPMC 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>6,532</td></tr></table>
1/ Includes (1) FMA 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 abbreviations refer to the following corporations: Home Owners' Loan Corporation, Reconstruction Finance Corporation, Commodity Credit Corporation, Federal Farm Mortgage Corporation, and United States Housing Authority.
INTERNAL REVENUE STATISTICS
-33-
34
Collections of Internal Revenue
(In thousands of dollars)
<table><tr><th>Sources of revenue</th><th colspan="2">April</th><th colspan="2">July 1 - April 30</th><th colspan="4">Sources of revenue</th></tr><tr><th></th><th>1940</th><th>1941</th><th>Fiscal year 1940</th><th>Fiscal year 1941</th><th colspan="2">April</th><th colspan="2">July 1 - April 30</th></tr><tr><th></th><th></th><th></th><th></th><th></th><th>1940</th><th>1941</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></td><td></td><td></td><td></td></tr><tr><td>Corporation</td><td></td><td></td><td></td><td></td><td>Manufacturers' excise taxes:</td><td></td><td></td><td></td></tr><tr><td>Current</td><td>16,878</td><td>29,681</td><td>702,794</td><td>1,124,818</td><td>Lubricating oils</td><td>2,026</td><td>2,664</td><td>25,455</td><td>30,047</td></tr><tr><td>Back</td><td>12,408</td><td>19,420</td><td>129,853</td><td>154,393</td><td>Gasoline</td><td>15,185</td><td>25,609</td><td>186,142</td><td>278,035</td></tr><tr><td>Individual</td><td></td><td></td><td></td><td></td><td>Fires and inner tubes</td><td>1,777</td><td>4,122</td><td>33,709</td><td>39,431</td></tr><tr><td>Current</td><td>9,353</td><td>13,943</td><td>691,937</td><td>999,146</td><td>Automobile trucks</td><td>568</td><td>1,435</td><td>6,393</td><td>9,096</td></tr><tr><td>Back</td><td>6,081</td><td>4,679</td><td>75,800</td><td>85,415</td><td>Other automobiles and motorcycles</td><td>4,386</td><td>11,763</td><td>45,562</td><td>67,154</td></tr><tr><td>Excess profits</td><td></td><td></td><td></td><td></td><td>Parts or accessories for automobiles</td><td>765</td><td>1,289</td><td>8,056</td><td>10,704</td></tr><tr><td>Declared value excess</td><td>762</td><td>2,272</td><td>13,016</td><td>20,864</td><td>Electrical energy</td><td>3,110</td><td>4,100</td><td>34,654</td><td>39,005</td></tr><tr><td>Profit tax 1/</td><td></td><td></td><td></td><td></td><td>Radio sets, etc. (including tax on phonograph records repealed as of 7/1/38)</td><td>300</td><td>498</td><td>5,129</td><td>5,819</td></tr><tr><td>Profit limiting provisions of Vinson Act 1/</td><td>7</td><td>51</td><td>1,115</td><td>1,869</td><td>Mechanical refrigerators</td><td>874</td><td>1,645</td><td>7,335</td><td>8,877</td></tr><tr><td>Excess profits tax (Second Revenue Act of 1940)</td><td>-</td><td>3,113</td><td>-</td><td>93,205</td><td>Firearms, shells, and cartridges</td><td>176</td><td>589</td><td>3,115</td><td>4,533</td></tr><tr><td>Total income taxes</td><td>45,499</td><td>73,159</td><td>1,614,515</td><td>2,479,710</td><td>Pistols and revolvers</td><td>7</td><td>9</td><td>65</td><td>69</td></tr><tr><td>Tar on unjust enrichment</td><td>720</td><td>990</td><td>6,937</td><td>8,101</td><td>Toilet preparations, etc. (including repealed 5% tax)</td><td>415</td><td>486</td><td>6,131</td><td>5,571</td></tr><tr><td>Miscellaneous internal revenue:</td><td></td><td></td><td></td><td></td><td>Matches (including repealed taxes)</td><td>*</td><td>*</td><td>22</td><td>81</td></tr><tr><td>Capital stock tax</td><td>312</td><td>187</td><td>132,006</td><td>166,153</td><td>Repealed taxes not listed above</td><td>17</td><td>9</td><td>250</td><td>171</td></tr><tr><td>Estate tax</td><td>27,853</td><td>48,276</td><td>285,950</td><td>298,999</td><td>Total manufacturers' excise taxes</td><td>29,606</td><td>54,218</td><td>362,018</td><td>498,593</td></tr><tr><td>Oil tax</td><td>1,472</td><td>1,444</td><td>27,929</td><td>48,285</td><td>Miscellaneous taxes:</td><td></td><td></td><td></td><td></td></tr><tr><td>Alcoholic beverage taxes:</td><td></td><td></td><td></td><td></td><td>Bituminous Coal Act of 1937</td><td>337</td><td>471</td><td>3,510</td><td>3,884</td></tr><tr><td>Distilled spirits (imported, excise)</td><td>1,776</td><td>3,170</td><td>21,960</td><td>27,365</td><td>Sugar Act of 1937</td><td>4,400</td><td>7,396</td><td>56,325</td><td>60,676</td></tr><tr><td>Distilled spirits (domestic, excise)</td><td>22,100</td><td>32,222</td><td>236,468</td><td>317,426</td><td>Telephone, telegraph, radio and cable facili-ties, leased wires, etc.</td><td>1,791</td><td>2,154</td><td>21,475</td><td>22,378</td></tr><tr><td>Distilled spirits rectification tax</td><td>833</td><td>1,011</td><td>9,745</td><td>10,928</td><td>Transportation of oil by pipe line</td><td>807</td><td>990</td><td>9,440</td><td>10,176</td></tr><tr><td>Vines, cordials, etc. (imported, excise)</td><td>34</td><td>24</td><td>490</td><td>332</td><td>Lenses of safe-deposit boxes</td><td>166</td><td>194</td><td>1,666</td><td>1,848</td></tr><tr><td>Vines, cordials, etc. (domestic, excise)</td><td>540</td><td>1,095</td><td>5,914</td><td>8,775</td><td>Admission to theaters, concerts, cabarets, etc.</td><td>2,001</td><td>5,627</td><td>18,451</td><td>58,126</td></tr><tr><td>Brandy used for fortifying sweet wines</td><td>46</td><td>-76</td><td>951</td><td>922</td><td>Club dues and initiation fees</td><td>465</td><td>489</td><td>5,054</td><td>5,186</td></tr><tr><td>Dealers in distilled spirits: rectifiers: manufacturers of stills (special taxes)</td><td>62</td><td>65</td><td>4,526</td><td>5,853</td><td>Adulterated and processed or renovated butter, mixed flour and filled cheese</td><td>2</td><td>1</td><td>19</td><td>26</td></tr><tr><td>Stamps for distilled spirits intended for export</td><td>*</td><td>*</td><td>1</td><td>*</td><td>Oleomargarine, including special taxes</td><td>75</td><td>100</td><td>1,615</td><td>1,729</td></tr><tr><td>Case stamps for distilled spirits bottled in bond</td><td>73</td><td>84</td><td>915</td><td>848</td><td>Narcotics, including mari-huana and special taxes</td><td>27</td><td>67</td><td>357</td><td>430</td></tr><tr><td>Container stamps</td><td>748</td><td>828</td><td>8,332</td><td>8,160</td><td>Coconut and other vegetable oils processed</td><td>1,413</td><td>2,391</td><td>18,829</td><td>18,389</td></tr><tr><td>Floor taxes</td><td>*</td><td>28</td><td>11</td><td>25,239</td><td>National Firearms Act</td><td>1</td><td>*</td><td>5</td><td>7</td></tr><tr><td>Fermented malt liquors</td><td>20,547</td><td>27,945</td><td>210,795</td><td>250,664</td><td>All other, including re-pealed taxes not listed above</td><td>15</td><td>4</td><td>157</td><td>37</td></tr><tr><td>Brewers; dealers in malt liquors (special taxes)</td><td>39</td><td>38</td><td>2,490</td><td>3,100</td><td>Total miscellaneous taxes</td><td>11,500</td><td>19,884</td><td>136,903</td><td>182,892</td></tr><tr><td>Total alcoholic beverage taxes</td><td>46,798</td><td>66,134</td><td>502,598</td><td>659,612</td><td>Total miscellaneous internal revenue</td><td>171,123</td><td>251,731</td><td>1,973,611</td><td>2,453,886</td></tr><tr><td>Tobacco taxes:</td><td></td><td></td><td></td><td></td><td>Employment taxes:</td><td></td><td></td><td></td><td></td></tr><tr><td>Cigars (large)</td><td>1,030</td><td>1,172</td><td>10,692</td><td>11,091</td><td>Social Security taxes:</td><td></td><td></td><td></td><td></td></tr><tr><td>Cigars (small)</td><td>9</td><td>10</td><td>89</td><td>97</td><td>Federal Insurance Contribu-tions Act (Old-age insurance)</td><td>71,813</td><td>83,000</td><td>515,565</td><td>578,285</td></tr><tr><td>Cigarettes (large)</td><td>1</td><td>1</td><td>15</td><td>10</td><td>Federal Unemployment Tax Act (Unemployment insurance)</td><td>4,953</td><td>3,889</td><td>98,641</td><td>93,704</td></tr><tr><td>Cigarettes (small)</td><td>44,459</td><td>51,525</td><td>431,522</td><td>498,507</td><td>Total Social Security taxes</td><td>76,766</td><td>86,889</td><td>614,526</td><td>671,989</td></tr><tr><td>Suff</td><td>612</td><td>631</td><td>5,653</td><td>5,722</td><td>Carriers' taxing Act of 1937</td><td>544</td><td>1,877</td><td>90,161</td><td>103,856</td></tr><tr><td>Tobacco (chewing and smoking)</td><td>4,515</td><td>4,613</td><td>45,161</td><td>45,862</td><td>Total employment taxes</td><td>77,510</td><td>88,766</td><td>704,687</td><td>775,845</td></tr><tr><td>Cigarette papers and tubes</td><td>116</td><td>111</td><td>1,069</td><td>1,152</td><td>Total internal revenues</td><td>294,652</td><td>414,646</td><td>4,299,730</td><td>5,717,542</td></tr><tr><td>Leaf dealer penalties, etc.</td><td>*</td><td>3</td><td>1</td><td>8</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cigarettes floor taxes</td><td>-</td><td>3</td><td>-</td><td>4,531</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total tobacco taxes</td><td>50,742</td><td>58,069</td><td>494,202</td><td>566,980</td><td></td><td></td><td></td><td></td><td></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 convey-ance, etc.</td><td>1,603</td><td>1,920</td><td>15,039</td><td>18,280</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Transfers of capital stock and similar interest sales</td><td>948</td><td>1,033</td><td>12,102</td><td>10,307</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Playing cards</td><td>265</td><td>561</td><td>3,708</td><td>3,742</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Silver bullion sales or transfer</td><td>4</td><td>5</td><td>156</td><td>43</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>2,640</td><td>3,519</td><td>31,005</td><td>32,372</td><td></td><td></td><td></td><td></td><td></td></tr></table>
Sources: Reports of collections.
Less than $500.
1/ In the issues of the Treasury Bulletin previous to February 1941, the figures shown for the declared value excess profits tax (called excess profits tax prior to enactment of the Second Revenue Act of 1940) include collections under the profit-limiting provisions of the Vinson Act.
35
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 profita taxes</th><th colspan="4">Employment taxes</th></tr><tr><th>Total</th><th>Individual</th><th>Corporation 1/</th><th>Total</th><th>Social Security taxes 2/ Federal Insurance Contributions Act (Old-age insurance)</th><th>Federal Unemployment Tax Act (Unemployment insurance)</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>1,557,729</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>2,672,239</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>3,239,436</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>1,149,597</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>1940-April</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>August</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>23,332</td></tr><tr><td>September</td><td>654,623</td><td>429,816</td><td>173,317</td><td>254,499</td><td>12,027</td><td>2,558</td><td>587</td><td>8,882</td></tr><tr><td>October</td><td>355,276</td><td>45,009</td><td>12,079</td><td>32,930</td><td>77,273</td><td>71,751</td><td>4,840</td><td>652</td></tr><tr><td>November</td><td>444,383</td><td>48,271</td><td>15,801</td><td>32,470</td><td>122,989</td><td>87,977</td><td>5,872</td><td>29,140</td></tr><tr><td>December</td><td>654,095</td><td>428,305</td><td>160,304</td><td>267,941</td><td>8,204</td><td>2,892</td><td>626</td><td>4,686</td></tr><tr><td>1941-January</td><td>371,275</td><td>65,176</td><td>25,992</td><td>39,184</td><td>100,307</td><td>74,255</td><td>25,152</td><td>900</td></tr><tr><td>February</td><td>484,729</td><td>123,498</td><td>84,052</td><td>37,446</td><td>156,146</td><td>94,705</td><td>40,237</td><td>21,204</td></tr><tr><td>March</td><td>1,472,295</td><td>1,186,458</td><td>569,203</td><td>617,255</td><td>16,135</td><td>2,145</td><td>1,326</td><td>12,604</td></tr><tr><td>April</td><td>414,646</td><td>73,159</td><td>18,622</td><td>54,537</td><td>88,766</td><td>83,000</td><td>3,889</td><td>1,877</td></tr></table>
<table><tr><th>Fiscal year or month</th><th>Total</th><th>Capital stock tax</th><th>Estate and gift taxes</th><th>Alcoholic beverage taxes</th><th>Tobacco taxes</th><th>Stamp taxes</th><th>Manufacturers' excise taxes</th><th>Miscellaneous taxes 3/</th><th>Tax on unjust enrichment</th><th>Agricultural adjustment taxes</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>873,043</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>390,038</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>305,588</td><td>594,245</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>1940-April</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>214,839</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>August</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>September</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>October</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><tr><td>November</td><td>272,517</td><td>260</td><td>46,360</td><td>81,250</td><td>53,200</td><td>3,152</td><td>65,573</td><td>22,722</td><td>606</td><td>-</td></tr><tr><td>December</td><td>216,616</td><td>252</td><td>29,732</td><td>64,219</td><td>50,332</td><td>4,169</td><td>51,167</td><td>16,745</td><td>970</td><td>-</td></tr><tr><td>1941-January</td><td>205,130</td><td>240</td><td>30,239</td><td>52,076</td><td>59,139</td><td>4,432</td><td>40,880</td><td>18,124</td><td>662</td><td>-</td></tr><tr><td>February</td><td>206,558</td><td>158</td><td>32,477</td><td>53,053</td><td>52,577</td><td>3,532</td><td>48,471</td><td>16,290</td><td>527</td><td>-</td></tr><tr><td>March</td><td>269,209</td><td>415</td><td>67,994</td><td>61,709</td><td>56,701</td><td>3,097</td><td>57,185</td><td>22,108</td><td>493</td><td>-</td></tr><tr><td>April</td><td>251,731</td><td>187</td><td>49,720</td><td>66,134</td><td>58,069</td><td>3,519</td><td>54,218</td><td>19,884</td><td>990</td><td>-</td></tr></table>
Source: Reports of collections.
1/ Includes collections under the declared-value excess profits tax, the profit limiting provision of the Vinson Act, and the excess profits tax provisions of the Second Revenue Act of 1940.
2/ For the period prior to September 1939 the data in the columns entitled "Federal Insurance Contributions Act" and "Federal 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
Fiscal Years 1929 to Date
FISCAL YEARS
By Principal Sources
FISCAL YEARS
MONTHLY January 1940 to Date
By Principal Sources
CUSTOMS STATISTICS
-37-
38
Customs Duties and Taxes Collected, and Values of Dutiable and Taxable Imports, Estimated by Tariff Schedules
(In thousands of dollars)
<table><tr><th></th><th colspan="2">Calendar year</th><th colspan="10">Duties and taxes 1940</th><th colspan="3">1941</th></tr><tr><th></th><th>1939</th><th>1940</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>Jan.</th><th>Feb.</th><th>Mar.</th></tr><tr><td>Chemicals, oils and paints.</td><td>19,634</td><td>12,355</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>649</td><td>854</td><td>621</td><td>802</td><td>935</td><td>843</td><td>870</td></tr><tr><td>Earths, earthenware and glassware.</td><td>10,794</td><td>8,806</td><td>793</td><td>683</td><td>758</td><td>734</td><td>772</td><td>781</td><td>667</td><td>734</td><td>785</td><td>654</td><td>583</td><td>579</td><td>613</td></tr><tr><td>Metals and manufactures.</td><td>25,749</td><td>31,161</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><td>3,495</td><td>3,114</td><td>3,229</td><td>2,796</td><td>2,711</td><td>3,587</td></tr><tr><td>Wood and manufactures.</td><td>2,096</td><td>1,723</td><td>116</td><td>131</td><td>187</td><td>151</td><td>138</td><td>131</td><td>139</td><td>157</td><td>147</td><td>152</td><td>148</td><td>160</td><td>162</td></tr><tr><td>Sugar, molasses and manufactures 1/.</td><td>46,218</td><td>42,826</td><td>4,558</td><td>4,809</td><td>4,164</td><td>4,618</td><td>4,395</td><td>3,472</td><td>3,004</td><td>2,464</td><td>2,462</td><td>1,816</td><td>3,586</td><td>4,399</td><td>6,199</td></tr><tr><td>Tobacco and manufactures.</td><td>23,927</td><td>22,173</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><td>1,993</td><td>1,569</td><td>1,828</td><td>2,002</td><td>1,552</td><td>1,969</td></tr><tr><td>Agricultural products and provisions.</td><td>56,418</td><td>46,083</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><td>3,804</td><td>3,888</td><td>3,574</td><td>4,495</td><td>4,354</td><td>5,123</td></tr><tr><td>Spirits, wines and other beverages.</td><td>34,206</td><td>32,753</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><td>3,121</td><td>3,453</td><td>3,894</td><td>1,610</td><td>1,723</td><td>2,371</td></tr><tr><td>Cotton manufactures.</td><td>9,841</td><td>7,050</td><td>718</td><td>628</td><td>614</td><td>573</td><td>408</td><td>469</td><td>480</td><td>476</td><td>605</td><td>511</td><td>440</td><td>481</td><td>477</td></tr><tr><td>Flax, hemp, jute and manufactures.</td><td>10,829</td><td>10,255</td><td>1,034</td><td>640</td><td>864</td><td>721</td><td>1,091</td><td>524</td><td>858</td><td>905</td><td>707</td><td>794</td><td>655</td><td>838</td><td>822</td></tr><tr><td>Wool and manufactures.</td><td>33,624</td><td>51,601</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><td>5,444</td><td>5,032</td><td>8,252</td><td>10,820</td><td>10,664</td><td>9,834</td></tr><tr><td>Silk manufactures.</td><td>2,775</td><td>2,148</td><td>234</td><td>163</td><td>205</td><td>136</td><td>134</td><td>154</td><td>155</td><td>207</td><td>196</td><td>149</td><td>148</td><td>136</td><td>139</td></tr><tr><td>Manufactures of rayon and other synthetic textiles.</td><td>3,090</td><td>1,260</td><td>109</td><td>144</td><td>84</td><td>60</td><td>50</td><td>46</td><td>31</td><td>46</td><td>91</td><td>141</td><td>93</td><td>90</td><td>124</td></tr><tr><td>Pulp, paper and books.</td><td>2,152</td><td>1,278</td><td>119</td><td>110</td><td>122</td><td>117</td><td>99</td><td>94</td><td>70</td><td>86</td><td>112</td><td>96</td><td>99</td><td>84</td><td>77</td></tr><tr><td>Sundries.</td><td>35,245</td><td>29,558</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><td>2,455</td><td>2,416</td><td>3,011</td><td>2,201</td><td>1,990</td><td>2,361</td></tr><tr><td>Miscellaneous 2/.</td><td>325</td><td>281</td><td>18</td><td>15</td><td>21</td><td>20</td><td>29</td><td>62</td><td>17</td><td>27</td><td>18</td><td>25</td><td>13</td><td>49</td><td>16</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></tr><tr><td>Crude petroleum.</td><td>5,841</td><td>5,524</td><td>272</td><td>420</td><td>543</td><td>427</td><td>550</td><td>575</td><td>582</td><td>543</td><td>576</td><td>591</td><td>328</td><td>341</td><td>437</td></tr><tr><td>Fuel oil, etc. 4/.</td><td>1,570</td><td>3,332</td><td>377</td><td>238</td><td>130</td><td>227</td><td>249</td><td>226</td><td>206</td><td>347</td><td>395</td><td>470</td><td>275</td><td>285</td><td>483</td></tr><tr><td>Motor fuel and lubricating oil.</td><td>13</td><td>59</td><td>14</td><td>6</td><td>3</td><td>4</td><td>4</td><td>1</td><td>1</td><td>20</td><td>3</td><td>5</td><td>3</td><td>1</td><td>1</td></tr><tr><td>Paraffin and other petroleum wax products.</td><td>384</td><td>747</td><td>54</td><td>127</td><td>61</td><td>16</td><td>32</td><td>155</td><td>65</td><td>83</td><td>43</td><td>15</td><td>2</td><td>20</td><td>1</td></tr><tr><td>Seed oils.</td><td>2,333</td><td>535</td><td>11</td><td>5</td><td>5</td><td>42</td><td>37</td><td>40</td><td>43</td><td>74</td><td>40</td><td>18</td><td>16</td><td>17</td><td>29</td></tr><tr><td>Oil seeds.</td><td>399</td><td>285</td><td>23</td><td>15</td><td>22</td><td>55</td><td>17</td><td>12</td><td>16</td><td>14</td><td>19</td><td>22</td><td>23</td><td>19</td><td>23</td></tr><tr><td>Animal, fish, and coconut oils.</td><td>1</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>Copper.</td><td>678</td><td>6,153</td><td>3</td><td>25</td><td>46</td><td>601</td><td>335</td><td>680</td><td>1,073</td><td>1,392</td><td>961</td><td>965</td><td>700</td><td>1,285</td><td>3,008</td></tr><tr><td>Number of specified types.</td><td>200</td><td>235</td><td>17</td><td>14</td><td>14</td><td>19</td><td>21</td><td>25</td><td>22</td><td>25</td><td>22</td><td>24</td><td>19</td><td>22</td><td>22</td></tr><tr><td>Red cedar shingles.</td><td>-</td><td>81</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>32</td><td>38</td><td>11</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Coal and related products.</td><td>9</td><td>-</td><td>-</td><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>11,428</td><td>16,954</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><td>2,530</td><td>2,097</td><td>2,119</td><td>1,366</td><td>1,990</td><td>4,004</td></tr><tr><td>Total duties and taxes.</td><td>328,352</td><td>318,267</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><td>28,796</td><td>27,313</td><td>31,048</td><td>31,987</td><td>32,042</td><td>38,749</td></tr><tr><td>Adjustment to Daily Treasury Statement.</td><td>+4,483</td><td>+11,265</td><td>+563</td><td>+714</td><td>+265</td><td>+198</td><td>+1,663</td><td>+943</td><td>+186</td><td>+575</td><td>+610</td><td>-1,265</td><td>+1,270</td><td>-1,012</td><td>+1,201</td></tr><tr><td>Total duties and taxes as reported in Daily Treasury Statement.</td><td>332,835</td><td>329,532</td><td>28,702</td><td>26,479</td><td>26,251</td><td>28,101</td><td>25,225</td><td>23,630</td><td>22,627</td><td>29,371</td><td>27,923</td><td>29,783</td><td>33,257</td><td>31,630</td><td>39,950</td></tr></table>
<table><tr><th></th><th colspan="2">Calendar year</th><th colspan="8">1940</th><th colspan="5">1941</th></tr><tr><th></th><th>1939</th><th>1940</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>Jan.</th><th>Feb.</th><th>Mar.</th></tr><tr><td>Chemicals, oils and paints</td><td>56,586</td><td>41,204</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>2,117</td><td>2,896</td><td>2,467</td><td>2,940</td><td>3,010</td><td>3,324</td><td>3,419</td></tr><tr><td>Earths, earthenware and glassware</td><td>25,369</td><td>22,336</td><td>1,976</td><td>1,629</td><td>1,819</td><td>1,888</td><td>1,945</td><td>1,879</td><td>1,647</td><td>1,902</td><td>1,966</td><td>1,972</td><td>1,740</td><td>1,675</td><td>1,938</td></tr><tr><td>Metals and manufactures</td><td>89,728</td><td>102,303</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><td>10,199</td><td>9,762</td><td>10,142</td><td>8,798</td><td>7,912</td><td>10,634</td></tr><tr><td>Wood and manufactures</td><td>17,002</td><td>17,461</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><td>1,753</td><td>1,709</td><td>1,690</td><td>1,580</td><td>2,729</td><td>2,204</td></tr><tr><td>Sugar, molasses and manufactures 1/</td><td>90,543</td><td>87,780</td><td>9,012</td><td>9,589</td><td>9,162</td><td>9,356</td><td>9,158</td><td>7,259</td><td>6,134</td><td>4,980</td><td>5,603</td><td>3,623</td><td>7,648</td><td>9,202</td><td>13,468</td></tr><tr><td>Tobacco and manufactures</td><td>35,999</td><td>36,685</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><td>3,366</td><td>2,614</td><td>2,881</td><td>3,249</td><td>2,530</td><td>3,283</td></tr><tr><td>Agricultural products and provisions</td><td>173,808</td><td>147,228</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><td>12,860</td><td>12,372</td><td>10,966</td><td>11,808</td><td>11,317</td><td>12,879</td></tr><tr><td>Spirits, wines and other beverages</td><td>59,076</td><td>53,809</td><td>3,575</td><td>3,778</td><td>4,357</td><td>9,250</td><td>3,388</td><td>2,355</td><td>3,483</td><td>4,967</td><td>5,431</td><td>6,432</td><td>2,565</td><td>2,769</td><td>3,919</td></tr><tr><td>Cotton manufactures</td><td>27,284</td><td>20,106</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><td>1,388</td><td>1,751</td><td>1,531</td><td>1,264</td><td>1,414</td><td>1,423</td></tr><tr><td>Flax, hemp, jute and manufactures</td><td>54,765</td><td>68,033</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><td>5,704</td><td>4,143</td><td>4,676</td><td>3,879</td><td>5,307</td><td>5,406</td></tr><tr><td>Wool and manufactures</td><td>49,271</td><td>77,829</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><td>7,642</td><td>7,330</td><td>11,877</td><td>15,703</td><td>15,188</td><td>14,613</td></tr><tr><td>Silk manufactures</td><td>5,286</td><td>4,074</td><td>444</td><td>313</td><td>401</td><td>259</td><td>255</td><td>287</td><td>295</td><td>395</td><td>371</td><td>276</td><td>276</td><td>253</td><td>258</td></tr><tr><td>Manufactures of rayon and other synthetic textiles</td><td>10,210</td><td>3,898</td><td>331</td><td>466</td><td>199</td><td>163</td><td>124</td><td>103</td><td>69</td><td>102</td><td>299</td><td>503</td><td>334</td><td>330</td><td>449</td></tr><tr><td>Pulp, paper and books</td><td>11,461</td><td>7,550</td><td>684</td><td>661</td><td>713</td><td>721</td><td>636</td><td>580</td><td>454</td><td>495</td><td>591</td><td>540</td><td>636</td><td>521</td><td>488</td></tr><tr><td>Quinaries</td><td>133,270</td><td>114,957</td><td>12,581</td><td>9,496</td><td>9,168</td><td>8,547</td><td>7,234</td><td>7,790</td><td>6,573</td><td>8,763</td><td>9,500</td><td>12,687</td><td>10,119</td><td>8,744</td><td>9,797</td></tr><tr><td>Miscellaneous 2/</td><td>343</td><td>305</td><td>14</td><td>10</td><td>19</td><td>17</td><td>39</td><td>93</td><td>15</td><td>23</td><td>16</td><td>29</td><td>11</td><td>83</td><td>16</td></tr><tr><td>Free list 3/</td><td>38,051</td><td>86,277</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><td>10,713</td><td>9,636</td><td>10,027</td><td>7,062</td><td>8,582</td><td>14,326</td></tr><tr><td>Total value of dutiable and taxable imports</td><td>878,050</td><td>891,835</td><td>78,950</td><td>71,698</td><td>76,758</td><td>77,011</td><td>69,106</td><td>64,858</td><td>64,663</td><td>78,151</td><td>75,559</td><td>82,791</td><td>79,682</td><td>80,881</td><td>98,519</td></tr></table>
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 gas oil derived from petroleum, and all liquid derivatives of crude petroleum except lubricating oil and gasoline or other motor fuel.
39
Customs Duties Collected, Estimated by Countries from which Imports Originated
(In thousands of dollars)
<table><tr><th>Country from which imports originated</th><th>1939</th><th>1940</th><th colspan="9">1940</th><th colspan="5">1941</th></tr><tr><th></th><th></th><th></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>Jan.</th><th>Feb.</th><th>Mar.</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>9,395</td><td>4,571</td><td>848</td><td>579</td><td>552</td><td>246</td><td>162</td><td>127</td><td>120</td><td>120</td><td>207</td><td>263</td><td>128</td><td>82</td><td>71</td></tr><tr><td>Czechoslovakia</td><td>1,564</td><td>82</td><td>6</td><td>8</td><td>4</td><td>6</td><td>13</td><td>4</td><td>5</td><td>5</td><td>3</td><td>8</td><td>3</td><td>16</td><td>3</td></tr><tr><td>France</td><td>19,210</td><td>11,995</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><td>720</td><td>489</td><td>433</td><td>226</td><td>247</td><td>278</td></tr><tr><td>Germany</td><td>14,224</td><td>2,261</td><td>189</td><td>168</td><td>146</td><td>156</td><td>136</td><td>120</td><td>138</td><td>165</td><td>149</td><td>110</td><td>157</td><td>141</td><td>162</td></tr><tr><td>Greece</td><td>7,209</td><td>7,360</td><td>560</td><td>653</td><td>706</td><td>840</td><td>674</td><td>638</td><td>498</td><td>602</td><td>477</td><td>616</td><td>607</td><td>389</td><td>682</td></tr><tr><td>Italy</td><td>13,394</td><td>7,282</td><td>962</td><td>1,019</td><td>959</td><td>1,145</td><td>378</td><td>261</td><td>242</td><td>213</td><td>185</td><td>174</td><td>92</td><td>71</td><td>84</td></tr><tr><td>Netherlands</td><td>5,972</td><td>956</td><td>157</td><td>161</td><td>116</td><td>92</td><td>26</td><td>11</td><td>12</td><td>12</td><td>16</td><td>26</td><td>7</td><td>5</td><td>9</td></tr><tr><td>Norway</td><td>3,208</td><td>1,243</td><td>208</td><td>257</td><td>97</td><td>95</td><td>28</td><td>41</td><td>6</td><td>9</td><td>5</td><td>51</td><td>18</td><td>5</td><td>2</td></tr><tr><td>Poland</td><td>1,983</td><td>54</td><td>15</td><td>3</td><td>3</td><td>2</td><td>2</td><td>6</td><td>1</td><td>6</td><td>5</td><td>4</td><td>2</td><td>1</td><td>1</td></tr><tr><td>Spain</td><td>3,065</td><td>3,490</td><td>245</td><td>351</td><td>388</td><td>412</td><td>370</td><td>256</td><td>215</td><td>317</td><td>260</td><td>303</td><td>231</td><td>196</td><td>214</td></tr><tr><td>Sweden</td><td>1,920</td><td>1,180</td><td>241</td><td>210</td><td>40</td><td>71</td><td>53</td><td>140</td><td>28</td><td>8</td><td>48</td><td>26</td><td>40</td><td>84</td><td>38</td></tr><tr><td>Switzerland</td><td>11,369</td><td>10,535</td><td>925</td><td>816</td><td>942</td><td>716</td><td>703</td><td>792</td><td>940</td><td>1,534</td><td>806</td><td>809</td><td>719</td><td>1,018</td><td>835</td></tr><tr><td>U.S.S.R.</td><td>1,921</td><td>3,129</td><td>277</td><td>261</td><td>549</td><td>301</td><td>273</td><td>561</td><td>80</td><td>78</td><td>114</td><td>154</td><td>154</td><td>112</td><td>157</td></tr><tr><td>United Kingdom</td><td>43,783</td><td>40,018</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><td>3,272</td><td>3,693</td><td>4,227</td><td>2,599</td><td>2,529</td><td>3,476</td></tr><tr><td>Other Europe</td><td>7,103</td><td>4,770</td><td>339</td><td>470</td><td>348</td><td>294</td><td>373</td><td>389</td><td>443</td><td>396</td><td>401</td><td>407</td><td>333</td><td>341</td><td>414</td></tr><tr><td>Total Europe</td><td>145,319</td><td>98,927</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><td>7,457</td><td>6,860</td><td>7,611</td><td>5,316</td><td>5,236</td><td>6,425</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>19,688</td><td>21,766</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><td>2,432</td><td>2,649</td><td>2,635</td><td>1,995</td><td>1,993</td><td>2,224</td></tr><tr><td>Cuba</td><td>48,811</td><td>46,646</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><td>3,092</td><td>2,590</td><td>1,630</td><td>4,008</td><td>4,826</td><td>6,976</td></tr><tr><td>Dominican Republic</td><td>1,444</td><td>1,206</td><td>17</td><td>14</td><td>16</td><td>156</td><td>8</td><td>9</td><td>7</td><td>17</td><td>163</td><td>469</td><td>74</td><td>145</td><td>38</td></tr><tr><td>Mexico</td><td>7,819</td><td>11,937</td><td>843</td><td>1,349</td><td>873</td><td>652</td><td>895</td><td>716</td><td>831</td><td>1,355</td><td>1,412</td><td>1,412</td><td>1,653</td><td>1,756</td><td>2,300</td></tr><tr><td>Netherland West Indies</td><td>1,605</td><td>1,456</td><td>232</td><td>150</td><td>82</td><td>112</td><td>114</td><td>90</td><td>83</td><td>79</td><td>55</td><td>92</td><td>143</td><td>105</td><td>243</td></tr><tr><td>Other Countries</td><td>1,161</td><td>1,382</td><td>42</td><td>81</td><td>62</td><td>119</td><td>50</td><td>77</td><td>193</td><td>206</td><td>240</td><td>194</td><td>189</td><td>147</td><td>187</td></tr><tr><td>Total North and Central America</td><td>80,528</td><td>84,393</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><td>7,181</td><td>7,110</td><td>6,432</td><td>8,063</td><td>8,972</td><td>11,969</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>18,610</td><td>27,180</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><td>2,882</td><td>2,849</td><td>3,506</td><td>4,537</td><td>5,105</td><td>4,561</td></tr><tr><td>Brazil</td><td>3,107</td><td>4,145</td><td>116</td><td>167</td><td>296</td><td>282</td><td>392</td><td>360</td><td>470</td><td>674</td><td>419</td><td>374</td><td>587</td><td>539</td><td>598</td></tr><tr><td>Chile</td><td>601</td><td>5,125</td><td>53</td><td>119</td><td>150</td><td>540</td><td>189</td><td>580</td><td>856</td><td>1,118</td><td>753</td><td>588</td><td>401</td><td>887</td><td>2,663</td></tr><tr><td>Peru</td><td>3,082</td><td>3,876</td><td>233</td><td>273</td><td>159</td><td>203</td><td>250</td><td>285</td><td>227</td><td>405</td><td>624</td><td>518</td><td>623</td><td>434</td><td>534</td></tr><tr><td>Uruguay</td><td>5,604</td><td>10,519</td><td>670</td><td>510</td><td>801</td><td>571</td><td>599</td><td>377</td><td>607</td><td>1,546</td><td>1,036</td><td>1,621</td><td>3,617</td><td>2,972</td><td>2,852</td></tr><tr><td>Venezuela</td><td>5,267</td><td>4,388</td><td>291</td><td>297</td><td>349</td><td>343</td><td>305</td><td>357</td><td>330</td><td>473</td><td>538</td><td>658</td><td>363</td><td>391</td><td>482</td></tr><tr><td>Other Countries</td><td>1,424</td><td>1,932</td><td>203</td><td>92</td><td>118</td><td>108</td><td>139</td><td>157</td><td>134</td><td>197</td><td>210</td><td>324</td><td>291</td><td>373</td><td>427</td></tr><tr><td>Total South America</td><td>37,695</td><td>57,166</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><td>7,295</td><td>6,429</td><td>7,590</td><td>10,419</td><td>10,701</td><td>12,117</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>6,945</td><td>9,118</td><td>714</td><td>440</td><td>743</td><td>666</td><td>879</td><td>596</td><td>803</td><td>955</td><td>794</td><td>920</td><td>702</td><td>926</td><td>725</td></tr><tr><td>China</td><td>10,262</td><td>14,142</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><td>1,430</td><td>1,298</td><td>1,830</td><td>1,023</td><td>995</td><td>1,284</td></tr><tr><td>Japan</td><td>17,823</td><td>16,368</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><td>1,620</td><td>1,696</td><td>1,339</td><td>1,149</td><td>1,169</td><td>1,066</td></tr><tr><td>Turkey</td><td>8,436</td><td>8,746</td><td>690</td><td>690</td><td>887</td><td>765</td><td>738</td><td>816</td><td>691</td><td>729</td><td>593</td><td>827</td><td>913</td><td>545</td><td>711</td></tr><tr><td>Other Countries</td><td>6,716</td><td>9,076</td><td>619</td><td>863</td><td>791</td><td>610</td><td>727</td><td>863</td><td>779</td><td>797</td><td>1,023</td><td>690</td><td>724</td><td>665</td><td>783</td></tr><tr><td>Total Asia</td><td>50,182</td><td>57,450</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><td>5,532</td><td>5,404</td><td>5,606</td><td>4,511</td><td>4,299</td><td>4,569</td></tr><tr><td>Oceania</td><td>8,509</td><td>9,239</td><td>744</td><td>647</td><td>472</td><td>438</td><td>532</td><td>511</td><td>279</td><td>518</td><td>715</td><td>3,086</td><td>2,800</td><td>2,558</td><td>2,226</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>2,377</td><td>1,847</td><td>146</td><td>203</td><td>208</td><td>238</td><td>127</td><td>69</td><td>86</td><td>135</td><td>192</td><td>91</td><td>143</td><td>111</td><td>422</td></tr><tr><td>Gold Coast</td><td>1,375</td><td>1,392</td><td>84</td><td>61</td><td>35</td><td>189</td><td>51</td><td>245</td><td>107</td><td>129</td><td>216</td><td>131</td><td>105</td><td>46</td><td>121</td></tr><tr><td>Union of South Africa</td><td>1,528</td><td>6,417</td><td>936</td><td>552</td><td>358</td><td>291</td><td>282</td><td>329</td><td>496</td><td>299</td><td>302</td><td>342</td><td>494</td><td>514</td><td>738</td></tr><tr><td>Other Countries</td><td>838</td><td>1,435</td><td>68</td><td>59</td><td>74</td><td>174</td><td>42</td><td>151</td><td>219</td><td>250</td><td>85</td><td>160</td><td>136</td><td>205</td><td>161</td></tr><tr><td>Total Africa</td><td>6,118</td><td>11,091</td><td>1,233</td><td>875</td><td>675</td><td>891</td><td>502</td><td>793</td><td>908</td><td>814</td><td>795</td><td>724</td><td>879</td><td>876</td><td>1,443</td></tr><tr><td>Grand Total</td><td>328,352</td><td>318,267</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><td>28,796</td><td>27,313</td><td>31,048</td><td>31,987</td><td>32,642</td><td>38,749</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.
40
Commodities Imported Under Quota Provisions
<table><tr><th>Commodity and country</th><th>Quote period</th><th>Unit of quantity</th><th>Established quote</th><th>Quantity imported under quotas through May 3, 1941</th></tr><tr><td>Cattle weighing under 200 pounds each.</td><td>Calendar year</td><td>Head</td><td>100,000</td><td>49,380</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 Apr. 1, 1941</td><td>Head</td><td>51,720</td><td>9,777</td></tr><tr><td>Other countries.</td><td>Quarter year from Apr. 1, 1941</td><td>Head</td><td>8,280</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>2,004</td></tr><tr><td>Cream, fresh or sour.</td><td>Calendar year</td><td>Gallon</td><td>1,500,000</td><td>302</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>2,772,965</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>41,354,758</td></tr><tr><td>Other.</td><td>12 months from Sept. 15, 1940</td><td>Pound</td><td>60,000,000</td><td>5,333,200</td></tr><tr><td>Silver or black foxes, furs, and articles:</td><td></td><td></td><td></td><td></td></tr><tr><td>Foxes valued under $250 each and whole furs and skins:</td><td></td><td></td><td></td><td></td></tr><tr><td>Canada.</td><td>Month of April 1941</td><td>Number</td><td>950</td><td>(Import quota filled)</td></tr><tr><td>Other than Canada.</td><td>Month of April 1941</td><td>Number</td><td>7,500</td><td>(Import quota filled)</td></tr><tr><td>Tails.</td><td>12 months from Dec. 1, 1940</td><td>Piece</td><td>5,000</td><td>4,954</td></tr><tr><td>Paws, heads or other separated parts.</td><td>12 months from Dec. 1, 1940</td><td>Pound</td><td>500</td><td>(Import quota filled)</td></tr><tr><td>Piece plates.</td><td>12 months from Dec. 1, 1940</td><td>Pound</td><td>550</td><td>364</td></tr><tr><td>Articles, other than piece plates.</td><td>12 months from Dec. 1, 1940</td><td>Unit</td><td>500</td><td>34</td></tr><tr><td>Cuban filler tobacco, unstemmed or stemmed (other than cigarette leaf tobacco), and scrap tobacco.</td><td>Calendar year</td><td>Pound (unstemmed equivalent)</td><td>22,000,000</td><td>6,239,188</td></tr><tr><td>Red cedar shingles.</td><td>Calendar year</td><td>Square</td><td>2,488,359</td><td>1,127,673</td></tr><tr><td>Molasses and sugar sirups, containing soluble noncugar 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>1,913,049,600</td><td>635,852,207</td></tr><tr><td>Netherlands and Netherlands Indies.</td><td>Calendar year</td><td>Gallon</td><td>578,806,200</td><td>247,634,308</td></tr><tr><td>Colombia.</td><td>Calendar year</td><td>Gallon</td><td>86,956,800</td><td>13,318,455</td></tr><tr><td>Other countries.</td><td>Calendar year</td><td>Gallon</td><td>138,587,400</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>425,600,000</td><td>119,567,661</td></tr><tr><td>Refined sugars.</td><td>Calendar year</td><td>Pound</td><td>112,000,000 1/</td><td>31,415,609</td></tr><tr><td>Sugars other than refined.</td><td>Calendar year</td><td>Pound</td><td>1,792,000,000 1/</td><td>752,254,304</td></tr><tr><td>Cordage.</td><td>Period - May 1 to Dec. 31, 1941</td><td>Pound</td><td>4,000,000</td><td>46,590</td></tr><tr><td>Buttons of pearl or shell.</td><td>Calendar year</td><td>Gross</td><td>807,500</td><td>243,236</td></tr><tr><td>Cigars.</td><td>Calendar year</td><td>Number</td><td>190,000,000</td><td>50,716,400</td></tr><tr><td>Scrap tobacco and stemmed and unstemmed filler tobacco.</td><td>Calendar year</td><td>Pound</td><td>4,275,000</td><td>1,621,693</td></tr></table>
1/ The duty-free quota on Philippine sugars applies to 850,000 long tons, of which not more than 50,000 long tons may be refined sugars.
41
Imports of Cotton and Cotton Waste under Quota Provisions
For Year Beginning September 20, 1940
(In pounds)
<table><tr><th>Country of origin</th><th colspan="2">Cotton 1/ Staple length less than 1-1/8 inches</th><th colspan="2">Cotton 1/ Staple length 1-1/8 inches to 1-11/16 inches</th><th colspan="2">Cotton waste 2/ Total cotton waste</th><th colspan="2">Cotton waste 2/ Restricted cotton waste (included in total) 3/</th></tr><tr><th></th><th>Established quota</th><th>Imports to May 3, 1941</th><th>Established quota</th><th>Imports to May 3, 1941</th><th>Established quota</th><th>Imports to May 3, 1941</th><th>Established quota</th><th>Imports to May 3, 1941</th></tr><tr><td>Europe:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Belgium</td><td>-</td><td>-</td><td>-</td><td>-</td><td>38,559</td><td>-</td><td>12,853</td><td>-</td></tr><tr><td>France</td><td>-</td><td>-</td><td>-</td><td>-</td><td>227,420</td><td>-</td><td>75,807</td><td>-</td></tr><tr><td>Germany</td><td>-</td><td>-</td><td>-</td><td>-</td><td>76,329</td><td>-</td><td>25,443</td><td>-</td></tr><tr><td>Italy</td><td>-</td><td>-</td><td>-</td><td>-</td><td>21,263</td><td>-</td><td>7,068</td><td>-</td></tr><tr><td>Netherlands</td><td>-</td><td>-</td><td>-</td><td>-</td><td>68,240</td><td>-</td><td>22,747</td><td>-</td></tr><tr><td>Switzerland</td><td>-</td><td>-</td><td>-</td><td>-</td><td>44,388</td><td>-</td><td>14,796</td><td>-</td></tr><tr><td>Union of Soviet Socialist Republics</td><td>475,124</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>United Kingdom</td><td>-</td><td>-</td><td>-</td><td>-</td><td>4,323,457</td><td>1,266,237</td><td>1,441,152</td><td>6,430</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></tr><tr><td>Barbados</td><td>-</td><td>-</td><td>12,554</td><td>1,737</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Canada</td><td>-</td><td>-</td><td>-</td><td>-</td><td>239,690</td><td>238,892</td><td>-</td><td>-</td></tr><tr><td>Cuba</td><td>-</td><td>-</td><td>-</td><td>-</td><td>6,544</td><td>3,500</td><td>-</td><td>-</td></tr><tr><td>Haiti</td><td>237</td><td>-</td><td>506</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Honduras</td><td>752</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Mexico</td><td>8,883,259</td><td>3,348,257</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other British West Indies 4/</td><td>21,321</td><td>-</td><td>30,139</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>South America:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Argentina</td><td>5,203</td><td>5,070</td><td>435</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Brazil</td><td>618,723</td><td>618,723</td><td>3,808</td><td>204</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Colombia</td><td>124</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Ecuador</td><td>9,333</td><td>9,271</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Paraguay</td><td>871</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Peru</td><td>247,952</td><td>55,034</td><td>2,056,299</td><td>1,566,241</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Asia:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>British India</td><td>2,003,483</td><td>63,366</td><td>64,942</td><td>-</td><td>69,627</td><td>68,783</td><td>-</td><td>-</td></tr><tr><td>China</td><td>1,370,791</td><td>-</td><td>2,626</td><td>-</td><td>17,322</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Iraq</td><td>195</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Japan</td><td>-</td><td>-</td><td>-</td><td>-</td><td>341,535</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Netherlands East Indies</td><td>71,388</td><td>71,388</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Africa:</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Algeria and Tunisia</td><td>-</td><td>-</td><td>1,634</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>British East Africa</td><td>2,240</td><td>-</td><td>29,909</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Egypt and the Anglo-Egyptian Sudan 5/</td><td>783,816</td><td>-</td><td>43,451,566</td><td>21,775,927</td><td>8,135</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Nigeria</td><td>5,377</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other British West Africa 6/</td><td>16,004</td><td>-</td><td>2,002</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Other French Africa 7/</td><td>689</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Total</td><td>14,516,882</td><td>4,171,111</td><td>45,656,420</td><td>23,344,109</td><td>5,482,509</td><td>1,577,412</td><td>1,599,886</td><td>6,430</td></tr></table>
Source: Reports of Collectors of Customs.
1/ Cotton having a staple of less than 1-11/16 inches (other than haren or rough cotton of less than 3/4 inch in staple length and chiefly used in the manufacture of blankets and blanketing, and other than linters).
2/ Cotton waste includes comber, lap, sliver, roving, and cotton card strips, whether or not manufactured or otherwise advanced in value.
3/ In the case of the European countries, not more than 33-1/3 percent of the total quotas for cotton waste may be filled by cotton wastes other than card strips and comber wastes made from cottans of 1-3/16 inches or more in staple length.
4/ Other than Barbados, Bermuda, Jamaica, Trinidad, and Tobago.
5/ The quota for cotton waste applies only to Egypt.
6/ Other than Gold Coast and Nigeria.
7/ Other than Algeria, Tunisia, and Madagascar.
CAPITAL MOVEMENTS BETWEEN
THE UNITED STATES AND FOREIGN COUNTRIES
—42—
43
Net Capital Movement between the United States and Foreign Countries 1935 through February 1941
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-lands</th><th>Swit-zerland</th><th>Other Europe</th><th>Total Europe</th><th>Canada</th><th>Latin America</th><th>Asia</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>23,988</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>12,671</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>-141,213</td><td>209,367</td><td>40,541</td><td>-5,507</td></tr><tr><td>Dec. 29, 1937-Dec. 28, 1938...</td><td>415,256</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>-21,389</td><td>18,104</td></tr><tr><td>Dec. 28, 1938-Jan. 3, 1940...</td><td>1,195,635</td><td>-84,802</td><td>129,209</td><td>25,193</td><td>25,031</td><td>145,572</td><td>218,960</td><td>289,125</td><td>748,388</td><td>72,260</td><td>93,881</td><td>227,812</td><td>53,294</td></tr><tr><td>Jan. 3, 1940-Dec. 31, 1940...</td><td>804,200</td><td>-131,664</td><td>201,579</td><td>9,380</td><td>-2,550</td><td>-14,657</td><td>138,557</td><td>169,801</td><td>370,946</td><td>182,259</td><td>123,395</td><td>124,719</td><td>2,881</td></tr><tr><td>Dec. 31, 1940-Feb. 26, 1941...</td><td>-82,345</td><td>-14,792</td><td>-2,597</td><td>461</td><td>-7,861</td><td>-14,591</td><td>-32,316</td><td>-17,761</td><td>-79,457</td><td>-1,152</td><td>-9,325</td><td>-1,512</td><td>9,101</td></tr><tr><td>Total....................</td><td>5,743,069</td><td>954,795</td><td>667,703</td><td>176,351</td><td>47,522</td><td>451,019</td><td>879,194</td><td>904,987</td><td>4,081,571</td><td>410,519</td><td>597,454</td><td>554,191</td><td>99,335</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>1941-Feb. 5.........</td><td>-41,313</td><td>-22,694</td><td>302</td><td>734</td><td>-1,667</td><td>-1,007</td><td>2,726</td><td>-3,293</td><td>-24,899</td><td>-3,162</td><td>6,116</td><td>-15,240</td><td>-4,128</td></tr><tr><td>Feb. 12.........</td><td>-28,766</td><td>-27,111</td><td>304</td><td>235</td><td>-118</td><td>2,281</td><td>-3,675</td><td>-5,191</td><td>-33,275</td><td>282</td><td>-17,792</td><td>17,927</td><td>4,092</td></tr><tr><td>Feb. 19.........</td><td>-39,516</td><td>-27,294</td><td>-12</td><td>1,439</td><td>-265</td><td>-1,100</td><td>-4,329</td><td>-402</td><td>-31,363</td><td>-2,122</td><td>795</td><td>-8,273</td><td>1,947</td></tr><tr><td>Feb. 26.........</td><td>5,354</td><td>7,310</td><td>-312</td><td>-1,372</td><td>236</td><td>-634</td><td>-5,987</td><td>6,966</td><td>6,207</td><td>-1,015</td><td>-2,919</td><td>1,656</td><td>1,325</td></tr><tr><td>Total....................</td><td>-104,341</td><td>-69,789</td><td>282</td><td>1,036</td><td>-1,814</td><td>-160</td><td>-11,265</td><td>-1,920</td><td>-83,930</td><td>-6,017</td><td>-13,700</td><td>-3,930</td><td>3,236</td></tr><tr><td>MOVEMENT IN SHORT-TERM 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>964,529</td><td>337,385</td><td>177,610</td><td>28,829</td><td>21,011</td><td>55,362</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>9,578</td></tr><tr><td>Jan. 1, 1936-Dec. 30, 1936...</td><td>397,342</td><td>4,166</td><td>28,599</td><td>39,992</td><td>18,254</td><td>7,289</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>-25,996</td><td>9,283</td><td>178,423</td><td>34,625</td><td>268,427</td><td>-69,087</td><td>43,578</td><td>24,083</td><td>-11,507</td></tr><tr><td>Dec. 29, 1937-Dec. 28, 1938...</td><td>331,268</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>262,611</td><td>111,078</td><td>-17,201</td><td>-39,105</td><td>13,885</td></tr><tr><td>Dec. 28, 1938-Jan. 3, 1940...</td><td>1,132,383</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>198,142</td><td>46,531</td></tr><tr><td>Jan. 3, 1940-Dec. 31, 1940...</td><td>846,351</td><td>-65,787</td><td>202,651</td><td>11,034</td><td>-10,803</td><td>-25,805</td><td>135,714</td><td>155,082</td><td>402,086</td><td>163,398</td><td>101,899</td><td>175,251</td><td>3,717</td></tr><tr><td>Dec. 31, 1940-Feb. 26, 1941...</td><td>-53,277</td><td>-11,988</td><td>-2,000</td><td>1,623</td><td>-2,137</td><td>-4,795</td><td>-21,187</td><td>-20,144</td><td>-60,528</td><td>5,660</td><td>-4,510</td><td>-3,654</td><td>9,755</td></tr><tr><td>Total....................</td><td>3,874,290</td><td>550,624</td><td>530,557</td><td>170,324</td><td>22,242</td><td>173,243</td><td>480,076</td><td>633,397</td><td>2,560,473</td><td>400,076</td><td>365,088</td><td>475,466</td><td>73,187</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>1941-Feb. 5.........</td><td>-36,420</td><td>-22,128</td><td>227</td><td>753</td><td>-225</td><td>-919</td><td>4,577</td><td>-3,499</td><td>-21,214</td><td>-3,411</td><td>7,139</td><td>-15,151</td><td>-3,783</td></tr><tr><td>Feb. 12.........</td><td>-27,011</td><td>-26,331</td><td>280</td><td>242</td><td>-116</td><td>2,205</td><td>-3,110</td><td>-5,535</td><td>-32,965</td><td>447</td><td>-16,972</td><td>18,304</td><td>4,075</td></tr><tr><td>Feb. 19.........</td><td>-38,309</td><td>-27,088</td><td>-143</td><td>1,457</td><td>-269</td><td>-1,247</td><td>-2,350</td><td>-594</td><td>-30,234</td><td>-3,241</td><td>1,290</td><td>-8,450</td><td>1,826</td></tr><tr><td>Feb. 26.........</td><td>6,060</td><td>7,846</td><td>-247</td><td>-352</td><td>206</td><td>-658</td><td>-7,299</td><td>6,849</td><td>6,345</td><td>218</td><td>-2,592</td><td>789</td><td>1,400</td></tr><tr><td>Total....................</td><td>-96,180</td><td>-68,301</td><td>117</td><td>2,100</td><td>-404</td><td>-619</td><td>-8,182</td><td>-2,779</td><td>-78,068</td><td>-5,987</td><td>-11,135</td><td>-4,508</td><td>3,518</td></tr><tr><td>MOVEMENT IN 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>6,556</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>34,587</td><td>7,494</td><td>1,123</td><td>669</td><td>-109</td><td>5,883</td><td>1,734</td><td>4,556</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>34</td><td>1,722</td><td>1,060</td><td>-191</td><td>58</td><td>1,828</td><td>-2,014</td><td>277</td><td>2,740</td><td>-940</td><td>-434</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-Dec. 31, 1940...</td><td>20,358</td><td>-2,403</td><td>-202</td><td>-99</td><td>54</td><td>4,078</td><td>-1,607</td><td>2,921</td><td>2,742</td><td>2,067</td><td>7,634</td><td>9,337</td><td>-1,422</td></tr><tr><td>Dec. 31, 1940-Feb. 26, 1941...</td><td>-3,725</td><td>28</td><td>-603</td><td>7</td><td>-19</td><td>138</td><td>-1,751</td><td>1,137</td><td>-1,063</td><td>192</td><td>-3,167</td><td>94</td><td>219</td></tr><tr><td>Total....................</td><td>97,194</td><td>16,991</td><td>19,295</td><td>-213</td><td>169</td><td>13,530</td><td>14,406</td><td>9,075</td><td>73,253</td><td>10,916</td><td>6,077</td><td>6,079</td><td>869</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>1941-Feb. 5.........</td><td>-1,742</td><td>-108</td><td>102</td><td>-3</td><td>3</td><td>162</td><td>-1,065</td><td>-11</td><td>-920</td><td>158</td><td>-1,168</td><td>192</td><td>-4</td></tr><tr><td>Feb. 12.........</td><td>-1,103</td><td>-9</td><td>-15</td><td>3</td><td>-</td><td>38</td><td>-357</td><td>-2</td><td>-342</td><td>-373</td><td>75</td><td>-482</td><td>19</td></tr><tr><td>Feb. 19.........</td><td>591</td><td>-76</td><td>71</td><td>-3</td><td>-4</td><td>1</td><td>-374</td><td>32</td><td>-353</td><td>988</td><td>-23</td><td>6</td><td>-27</td></tr><tr><td>Feb. 26.........</td><td>683</td><td>103</td><td>-64</td><td>8</td><td>-4</td><td>9</td><td>302</td><td>143</td><td>497</td><td>-228</td><td>391</td><td>90</td><td>-67</td></tr><tr><td>Total....................</td><td>-1,571</td><td>-90</td><td>94</td><td>5</td><td>-5</td><td>210</td><td>-1,494</td><td>162</td><td>-1,118</td><td>545</td><td>-725</td><td>-194</td><td>-79</td></tr><tr><td>MOVEMENT IN TRANSACTIONS 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>600,693</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>29,940</td><td>11,841</td><td>22,763</td><td>4,530</td></tr><tr><td>Dec. 30, 1936-Dec. 29, 1937...</td><td>244,526</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>57,196</td><td>23,869</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>9,397</td><td>1,190</td></tr><tr><td>Dec. 28, 1938-Jan. 3, 1940...</td><td>-85,427</td><td>-144,530</td><td>85</td><td>-5,332</td><td>500</td><td>14,305</td><td>42,919</td><td>3,843</td><td>-87,910</td><td>-30,423</td><td>6,680</td><td>22,966</td><td>3,260</td></tr><tr><td>Jan. 3, 1940-Dec. 31, 1940...</td><td>-140,968</td><td>-66,837</td><td>-2,149</td><td>-868</td><td>7,648</td><td>5,406</td><td>3,417</td><td>4,405</td><td>-48,978</td><td>-15,306</td><td>-4,496</td><td>-70,058</td><td>-1,630</td></tr><tr><td>Dec. 31, 1940-Feb. 26, 1941...</td><td>-34,365</td><td>-3,495</td><td>-218</td><td>-1,158</td><td>-5,719</td><td>79</td><td>-9,207</td><td>-394</td><td>-20,112</td><td>-8,463</td><td>-3,790</td><td>-811</td><td>-1,189</td></tr><tr><td>Total....................</td><td>958,415</td><td>257,726</td><td>74,212</td><td>-30,240</td><td>-2,999</td><td>233,332</td><td>338,577</td><td>64,457</td><td>935,365</td><td>-26,933</td><td>21,429</td><td>16,771</td><td>11,443</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>1941-Feb. 5.........</td><td>-4,026</td><td>-455</td><td>-78</td><td>-6</td><td>-1,448</td><td>-242</td><td>-644</td><td>-214</td><td>-3,087</td><td>290</td><td>-305</td><td>-528</td><td>-396</td></tr><tr><td>Feb. 12.........</td><td>-2,168</td><td>-221</td><td>29</td><td>-9</td><td>-</td><td>38</td><td>-339</td><td>108</td><td>-394</td><td>-457</td><td>-1,133</td><td>-170</td><td>-14</td></tr><tr><td>Feb. 19.........</td><td>-2,401</td><td>-346</td><td>43</td><td>-14</td
44
CUMULATIVE NET CAPITAL MOVEMENT BETWEEN U.S. AND FOREIGN COUNTRIES
Cumulative Weekly Since January 2, 1935
<table><tr><th>DOLLARS Billions</th><th>1938<br>JULY<br>SEPT<br>MAY<br>MAR<br>NOV<br>SEPT<br>JULY<br>MAY<br>MAR<br>JAN<br>NOV<br>SEPT<br>JULY<br>MAY<br>MAR<br>JAN<br>NOV</th><th>1939<br>JULY<br>SEPT<br>MAY<br>MAR<br>NOV<br>SEPT<br>JULY<br>MAY<br>MAR<br>JAN<br>NOV<br>SEPT<br>JULY<br>MAY<br>MAR<br>JAN<br>NOV</th><th>1940<br>JULY<br>SEPT<br>MAY<br>MAR<br>NOV<br>SEPT<br>JULY<br>MAY<br>MAR<br>JAN<br>NOV<br>SEPT<br>JULY<br>MAY<br>MAR<br>JAN<br>NOV</th><th>1941<br>JULY<br>SEPT<br>MAY<br>MAR<br>JAN<br>NOV</th></tr><tr><td>7.0</td><td>6.5</td><td>6.0</td><td>5.5</td><td>5.0</td><td>4.5</td><td>4.0</td><td>3.5</td><td>3.0</td><td>2.5</td><td>2.0</td><td>1.5</td><td>1.0</td><td>.5</td><td>0</td><td>.5</td></tr><tr><td colspan="18">Inflow to US</td></tr><tr><td colspan="18">Total</td></tr><tr><td colspan="18">In Banking Funds</td></tr><tr><td colspan="18">In Security Transactions</td></tr><tr><td colspan="18">In Brokerage Balances</td></tr><tr><td colspan="18">Outflow from US</td></tr></table>
45
Short-Term Foreign Liabilities as Reported by Banks and Bankers in the United States for February 1941
(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><td></td></tr><tr><td>Feb. 5.</td><td>3,797,143</td><td>395,940</td><td>487,288</td><td>141,067</td><td>16,785</td><td>13,161</td><td>5,875</td><td>15,793</td><td>169,069</td><td>47,023</td><td>224,372</td><td>500,642</td><td>186,621</td><td>2,205,636</td><td>438,199</td></tr><tr><td>Feb. 12.</td><td>3,778,641</td><td>372,099</td><td>487,338</td><td>141,566</td><td>17,484</td><td>13,107</td><td>6,031</td><td>15,698</td><td>171,273</td><td>46,583</td><td>222,479</td><td>497,814</td><td>184,388</td><td>2,175,850</td><td>440,292</td></tr><tr><td>Feb. 19.</td><td>3,729,817</td><td>343,937</td><td>487,312</td><td>138,939</td><td>17,771</td><td>13,028</td><td>7,221</td><td>15,439</td><td>170,115</td><td>46,692</td><td>222,077</td><td>495,511</td><td>185,923</td><td>2,143,965</td><td>435,745</td></tr><tr><td>Feb. 26.</td><td>3,724,376</td><td>351,365</td><td>487,075</td><td>140,702</td><td>16,979</td><td>12,343</td><td>6,981</td><td>15,516</td><td>169,386</td><td>46,249</td><td>221,634</td><td>489,501</td><td>193,603</td><td>2,151,334</td><td>434,775</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><td></td></tr><tr><td>Feb. 5.</td><td>3,770,873</td><td>385,140</td><td>486,324</td><td>142,295</td><td>16,764</td><td>13,155</td><td>5,837</td><td>15,719</td><td>166,959</td><td>47,010</td><td>224,110</td><td>499,108</td><td>186,522</td><td>2,188,943</td><td>437,084</td></tr><tr><td>Feb. 12.</td><td>3,752,738</td><td>361,622</td><td>486,329</td><td>140,942</td><td>17,463</td><td>13,100</td><td>5,923</td><td>15,618</td><td>169,121</td><td>46,571</td><td>222,155</td><td>496,192</td><td>184,239</td><td>2,159,275</td><td>439,024</td></tr><tr><td>Feb. 19.</td><td>3,704,660</td><td>333,459</td><td>486,038</td><td>138,281</td><td>17,758</td><td>13,022</td><td>7,144</td><td>15,337</td><td>168,004</td><td>46,679</td><td>221,753</td><td>494,838</td><td>185,754</td><td>2,128,067</td><td>434,492</td></tr><tr><td>Feb. 26.</td><td>3,698,933</td><td>340,976</td><td>485,807</td><td>140,047</td><td>16,967</td><td>12,337</td><td>6,879</td><td>15,416</td><td>167,601</td><td>46,239</td><td>221,351</td><td>487,527</td><td>193,443</td><td>2,134,590</td><td>433,537</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><td></td></tr><tr><td>Feb. 5.</td><td>3,624,584</td><td>377,636</td><td>482,255</td><td>139,978</td><td>16,650</td><td>13,028</td><td>5,628</td><td>15,477</td><td>166,702</td><td>46,944</td><td>222,979</td><td>482,770</td><td>184,516</td><td>2,154,563</td><td>434,828</td></tr><tr><td>Feb. 12.</td><td>3,607,699</td><td>354,023</td><td>482,369</td><td>138,821</td><td>17,340</td><td>13,096</td><td>5,721</td><td>15,373</td><td>168,881</td><td>46,510</td><td>221,363</td><td>480,678</td><td>181,109</td><td>2,125,284</td><td>436,770</td></tr><tr><td>Feb. 19.</td><td>3,557,745</td><td>321,041</td><td>481,593</td><td>136,368</td><td>17,638</td><td>13,018</td><td>6,820</td><td>15,116</td><td>167,801</td><td>46,620</td><td>220,745</td><td>477,163</td><td>183,648</td><td>2,087,571</td><td>431,723</td></tr><tr><td>Feb. 26.</td><td>3,563,462</td><td>333,905</td><td>480,542</td><td>139,232</td><td>16,838</td><td>12,326</td><td>6,558</td><td>15,194</td><td>167,383</td><td>46,194</td><td>219,739</td><td>469,736</td><td>191,431</td><td>2,099,078</td><td>431,292</td></tr><tr><td>Bill 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><td></td></tr><tr><td>Feb. 5.</td><td>98,895</td><td>4,068</td><td>529</td><td>2,308</td><td>8</td><td>3</td><td>31</td><td>230</td><td>106</td><td>45</td><td>995</td><td>15,157</td><td>971</td><td>24,451</td><td>1,891</td></tr><tr><td>Feb. 12.</td><td>96,774</td><td>4,137</td><td>520</td><td>2,113</td><td>17</td><td>3</td><td>31</td><td>232</td><td>106</td><td>40</td><td>785</td><td>14,343</td><td>969</td><td>23,296</td><td>1,874</td></tr><tr><td>Feb. 19.</td><td>95,258</td><td>4,749</td><td>518</td><td>1,905</td><td>3</td><td>3</td><td>151</td><td>210</td><td>73</td><td>38</td><td>1,002</td><td>16,506</td><td>1,057</td><td>26,215</td><td>1,951</td></tr><tr><td>Feb. 26.</td><td>89,875</td><td>4,009</td><td>823</td><td>807</td><td>23</td><td>10</td><td>152</td><td>211</td><td>73</td><td>24</td><td>1,379</td><td>16,631</td><td>1,034</td><td>25,176</td><td>1,905</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><td></td></tr><tr><td>Feb. 5.</td><td>28,690</td><td>5</td><td>230</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>21</td><td>-</td><td>-</td><td>-</td><td>58</td><td>314</td><td>120</td></tr><tr><td>Feb. 12.</td><td>28,569</td><td>5</td><td>130</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>58</td><td>193</td><td>120</td></tr><tr><td>Feb. 19.</td><td>28,572</td><td>5</td><td>130</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>58</td><td>193</td><td>123</td></tr><tr><td>Feb. 26.</td><td>27,509</td><td>5</td><td>130</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>58</td><td>193</td><td>60</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><td></td></tr><tr><td>Feb. 5.</td><td>18,704</td><td>3,431</td><td>3,310</td><td>9</td><td>106</td><td>124</td><td>178</td><td>12</td><td>130</td><td>21</td><td>136</td><td>1,181</td><td>977</td><td>9,615</td><td>245</td></tr><tr><td>Feb. 12.</td><td>19,696</td><td>3,457</td><td>3,310</td><td>8</td><td>106</td><td>1</td><td>171</td><td>13</td><td>134</td><td>21</td><td>7</td><td>1,171</td><td>2,103</td><td>10,502</td><td>260</td></tr><tr><td>Feb. 19.</td><td>23,085</td><td>7,664</td><td>3,797</td><td>8</td><td>117</td><td>1</td><td>173</td><td>11</td><td>130</td><td>21</td><td>6</td><td>1,169</td><td>991</td><td>14,088</td><td>695</td></tr><tr><td>Feb. 26.</td><td>18,087</td><td>3,057</td><td>4,312</td><td>8</td><td>106</td><td>1</td><td>169</td><td>11</td><td>145</td><td>21</td><td>233</td><td>1,160</td><td>920</td><td>10,143</td><td>280</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><td></td></tr><tr><td>Feb. 5.</td><td>26,270</td><td>10,800</td><td>964</td><td>772</td><td>21</td><td>6</td><td>38</td><td>74</td><td>2,110</td><td>13</td><td>262</td><td>1,534</td><td>99</td><td>16,693</td><td>1,115</td></tr><tr><td>Feb. 12.</td><td>25,903</td><td>10,477</td><td>1,009</td><td>624</td><td>21</td><td>7</td><td>108</td><td>80</td><td>2,152</td><td>12</td><td>324</td><td>1,622</td><td>149</td><td>16,585</td><td>1,268</td></tr><tr><td>Feb. 19.</td><td>25,157</td><td>10,478</td><td>1,274</td><td>658</td><td>13</td><td>6</td><td>77</td><td>102</td><td>2,111</td><td>13</td><td>324</td><td>673</td><td>169</td><td>15,898</td><td>1,253</td></tr><tr><td>Feb. 26.</td><td>25,443</td><td>10,389</td><td>1,268</td><td>655</td><td>12</td><td>6</td><td>102</td><td>100</td><td>1,785</td><td>10</td><td>283</td><td>1,974</td><td>160</td><td>16,744</td><td>1,238</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><td></td></tr><tr><td>Feb. 5.</td><td>12,035</td><td>1,968</td><td>591</td><td>608</td><td>19</td><td>6</td><td>36</td><td>69</td><td>1,594</td><td>9</td><td>5</td><td>1,441</td><td>68</td><td>6,414</td><td>242</td></tr><tr><td>Feb. 12.</td><td>12,487</td><td>2,380</td><td>639</td><td>482</td><td>19</td><td>7</td><td>106</td><td>74</td><td>1,635</td><td>8</td><td>68</td><td>1,355</td><td>114</td><td>6,887</td><td>383</td></tr><tr><td>Feb. 19.</td><td>11,401</td><td>2,412</td><td>901</td><td>499</td><td>11</td><td>6</td><td>75</td><td>92</td><td>1,563</td><td>9</td><td>68</td><td>390</td><td>140</td><td>6,166</td><td>344</td></tr><tr><td>Feb. 26.</td><td>12,545</td><td>3,101</td><td>897</td><td>503</td><td>10</td><td>6</td><td>100</td><td>92</td><td>1,503</td><td>9</td><td>27</td><td>1,713</td><td>124</td><td>8,085</td><td>289</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><td></td></tr><tr><td>Feb. 5.</td><td>6,455</td><td>4,833</td><td>299</td><td>54</td><td>-</td><td>-</td><td>-</td><td>-</td><td>456</td><td>-</td><td>-</td><td>-</td><td>-</td><td>5,642</td><td>741</td></tr><tr><td>Feb. 12.</td><td>5,933</td><td>4,324</td><td>299</td><td>54</td><td>-</td><td>-</td><td>-</td><td>-</td><td>456</td><td>-</td><td>-</td><td>-</td><td>-</td><td>5,133</td><td>722</td></tr><tr><td>Feb. 19.</td><td>5,757</td><td>4,141</td><td>299</td><td>54</td><td>-</td><td>-</td><td>-</td><td>-</td><td>456</td><td>-</td><td>-</td><td>-</td><td>-</td><td>4,950</td><td>735</td></tr><tr><td>Feb. 26.</td><td>4,956</td><td>3,568</td><td>299</td><td>47</td><td>-</td><td>-</td><td>-</td><td>-</td><td>190</td><td>-</td><td>-</td><td>-</td><td>-</td><td>4,104</td><td>772</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><td></td></tr><tr><td>Feb. 5.</td><td>7,780</td><td>3,999</td><td>74</td><td>110</td><td>2</td><td>-</td><td>2</td><td>5</td><td>60</td><td>4</td><td>257</td><td>93</td><td>31</td><td>4,637</td><td>132</td></tr><tr><td>Feb. 12.</td><td>7,483</td><td>3,773</td><td>71</td><td>88</td><td>2</td><td>-</td><td>2</td><td>6</td><td>61</td><td>4</td><td>256</td><td>267</td><td>35</td><td>4,565</td><td>162</td></tr><tr><td>Feb. 19.</td><td>7,999</td><td>3,925</td><td>74</td><td>105</td><td>2</td><td>-</td><td>2</td><td>10</td><td>92</td><td>4</td><td>256</td><td>283</td><td>29</td><td>4,782</td><td>174</td></tr><tr><td>Feb. 26.</td><td>7,942</td><td>3,720</td><td>72</td><td>105</td><td>2</td><td>-</td><td>2</td><td>8</td><td>92</td><td>1</td><td>256</td><td>261</td><td>36</td><td>4,555</td><td>177</td></tr></table>
(Continued on following page)
46
Short-Term Foreign Liabilities as Reported by Banks and Bankers in the United States for February 1941 - (Continued)
(In thousands of dollars)
<table><tr><th>Liabilities as of following dates</th><th>Argentina</th><th>Brasil</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 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>Feb. 5</td><td>121,639</td><td>47,156</td><td>26,370</td><td>48,612</td><td>51,045</td><td>56,495</td><td>111,538</td><td>462,855</td><td>209,265</td><td>93,767</td><td>109,358</td><td>47,473</td><td>154,702</td><td>614,565</td><td>75,888</td></tr><tr><td>Feb. 12</td><td>102,263</td><td>44,759</td><td>25,896</td><td>48,474</td><td>51,537</td><td>54,009</td><td>117,227</td><td>444,165</td><td>224,570</td><td>98,700</td><td>116,148</td><td>46,366</td><td>156,758</td><td>638,942</td><td>79,782</td></tr><tr><td>Feb. 19</td><td>101,757</td><td>38,575</td><td>26,732</td><td>46,791</td><td>53,321</td><td>55,316</td><td>117,618</td><td>440,110</td><td>221,731</td><td>95,336</td><td>109,820</td><td>47,348</td><td>154,178</td><td>628,413</td><td>81,584</td></tr><tr><td>Feb. 26</td><td>103,323</td><td>35,139</td><td>25,349</td><td>47,267</td><td>52,559</td><td>55,943</td><td>115,528</td><td>435,108</td><td>217,532</td><td>97,493</td><td>103,363</td><td>45,983</td><td>155,517</td><td>619,888</td><td>83,271</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>Feb. 5</td><td>121,617</td><td>47,141</td><td>26,370</td><td>48,612</td><td>50,855</td><td>56,495</td><td>111,356</td><td>462,446</td><td>208,729</td><td>91,803</td><td>104,542</td><td>47,381</td><td>154,468</td><td>606,923</td><td>75,477</td></tr><tr><td>Feb. 12</td><td>102,243</td><td>44,744</td><td>25,896</td><td>48,474</td><td>51,339</td><td>54,009</td><td>117,035</td><td>443,740</td><td>224,027</td><td>92,599</td><td>112,002</td><td>46,228</td><td>156,547</td><td>631,403</td><td>79,296</td></tr><tr><td>Feb. 19</td><td>101,722</td><td>38,553</td><td>26,732</td><td>46,791</td><td>52,982</td><td>55,316</td><td>117,451</td><td>439,547</td><td>221,194</td><td>93,149</td><td>105,909</td><td>47,194</td><td>153,953</td><td>621,409</td><td>81,145</td></tr><tr><td>Feb. 26</td><td>103,297</td><td>35,118</td><td>25,346</td><td>47,245</td><td>52,217</td><td>55,943</td><td>115,354</td><td>434,520</td><td>216,909</td><td>95,631</td><td>99,891</td><td>45,794</td><td>155,266</td><td>613,491</td><td>82,795</td></tr><tr><td>Deposite 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>Feb. 5</td><td>119,785</td><td>40,387</td><td>25,299</td><td>47,026</td><td>49,889</td><td>56,401</td><td>104,844</td><td>443,631</td><td>181,526</td><td>85,186</td><td>71,111</td><td>36,094</td><td>144,961</td><td>518,878</td><td>72,684</td></tr><tr><td>Feb. 12</td><td>99,180</td><td>38,379</td><td>24,611</td><td>46,758</td><td>50,537</td><td>53,945</td><td>111,820</td><td>425,230</td><td>196,923</td><td>86,051</td><td>80,178</td><td>35,966</td><td>144,922</td><td>544,040</td><td>76,375</td></tr><tr><td>Feb. 19</td><td>100,452</td><td>31,675</td><td>25,416</td><td>45,022</td><td>52,207</td><td>55,230</td><td>111,967</td><td>421,969</td><td>193,967</td><td>86,632</td><td>76,560</td><td>36,870</td><td>144,242</td><td>538,271</td><td>78,211</td></tr><tr><td>Feb. 26</td><td>102,113</td><td>28,550</td><td>28,060</td><td>45,485</td><td>51,412</td><td>55,866</td><td>111,636</td><td>419,122</td><td>189,386</td><td>89,544</td><td>72,079</td><td>37,447</td><td>145,741</td><td>534,197</td><td>79,773</td></tr><tr><td>Bills 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>Feb. 5</td><td>1,797</td><td>6,719</td><td>1,066</td><td>1,570</td><td>873</td><td>64</td><td>4,900</td><td>16,949</td><td>5,066</td><td>302</td><td>32,601</td><td>5,257</td><td>6,750</td><td>52,976</td><td>2,628</td></tr><tr><td>Feb. 12</td><td>1,528</td><td>6,320</td><td>1,279</td><td>1,660</td><td>710</td><td>34</td><td>4,566</td><td>16,097</td><td>4,867</td><td>325</td><td>31,425</td><td>7,231</td><td>9,146</td><td>52,994</td><td>2,513</td></tr><tr><td>Feb. 19</td><td>1,236</td><td>6,768</td><td>1,310</td><td>1,713</td><td>676</td><td>56</td><td>4,742</td><td>16,501</td><td>4,952</td><td>287</td><td>28,421</td><td>7,258</td><td>7,133</td><td>48,051</td><td>2,540</td></tr><tr><td>Feb. 26</td><td>1,150</td><td>6,467</td><td>1,280</td><td>1,704</td><td>713</td><td>47</td><td>3,027</td><td>14,388</td><td>5,045</td><td>395</td><td>27,148</td><td>6,281</td><td>6,892</td><td>45,761</td><td>2,645</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>Feb. 5</td><td>-</td><td>-</td><td>-</td><td>37</td><td>15</td><td>-</td><td>-</td><td>52</td><td>22,000</td><td>5,200</td><td>-</td><td>1,000</td><td>4</td><td>28,204</td><td>-</td></tr><tr><td>Feb. 12</td><td>-</td><td>-</td><td>-</td><td>37</td><td>15</td><td>-</td><td>-</td><td>52</td><td>22,000</td><td>5,200</td><td>-</td><td>1,000</td><td>4</td><td>28,204</td><td>-</td></tr><tr><td>Feb. 19</td><td>-</td><td>-</td><td>-</td><td>37</td><td>15</td><td>-</td><td>-</td><td>52</td><td>22,000</td><td>5,200</td><td>-</td><td>1,000</td><td>4</td><td>28,204</td><td>-</td></tr><tr><td>Feb. 26</td><td>-</td><td>-</td><td>-</td><td>37</td><td>15</td><td>-</td><td>-</td><td>52</td><td>22,000</td><td>5,200</td><td>-</td><td>-</td><td>4</td><td>27,204</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>Feb. 5</td><td>35</td><td>75</td><td>5</td><td>19</td><td>78</td><td>30</td><td>1,612</td><td>1,814</td><td>137</td><td>1,115</td><td>830</td><td>2,070</td><td>2,753</td><td>6,865</td><td>165</td></tr><tr><td>Feb. 12</td><td>1,535</td><td>45</td><td>6</td><td>19</td><td>77</td><td>30</td><td>649</td><td>2,361</td><td>237</td><td>1,023</td><td>399</td><td>2,031</td><td>2,475</td><td>6,165</td><td>408</td></tr><tr><td>Feb. 19</td><td>34</td><td>110</td><td>6</td><td>19</td><td>84</td><td>30</td><td>742</td><td>1,025</td><td>275</td><td>1,030</td><td>928</td><td>2,066</td><td>2,584</td><td>6,883</td><td>394</td></tr><tr><td>Feb. 26</td><td>34</td><td>101</td><td>6</td><td>19</td><td>77</td><td>30</td><td>691</td><td>958</td><td>478</td><td>492</td><td>664</td><td>2,066</td><td>2,629</td><td>6,329</td><td>377</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>Feb. 5</td><td>22</td><td>15</td><td>-</td><td>-</td><td>190</td><td>-</td><td>182</td><td>409</td><td>536</td><td>1,964</td><td>4,816</td><td>92</td><td>234</td><td>7,642</td><td>411</td></tr><tr><td>Feb. 12</td><td>20</td><td>15</td><td>-</td><td>-</td><td>198</td><td>-</td><td>192</td><td>425</td><td>543</td><td>2,101</td><td>4,146</td><td>138</td><td>211</td><td>7,139</td><td>486</td></tr><tr><td>Feb. 19</td><td>35</td><td>22</td><td>-</td><td>-</td><td>339</td><td>-</td><td>167</td><td>563</td><td>537</td><td>2,187</td><td>3,911</td><td>154</td><td>215</td><td>7,004</td><td>439</td></tr><tr><td>Feb. 26</td><td>26</td><td>21</td><td>3</td><td>22</td><td>342</td><td>-</td><td>174</td><td>588</td><td>623</td><td>1,862</td><td>3,472</td><td>189</td><td>251</td><td>6,397</td><td>476</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>Feb. 5</td><td>14</td><td>15</td><td>-</td><td>-</td><td>14</td><td>-</td><td>89</td><td>132</td><td>534</td><td>1,914</td><td>2,292</td><td>92</td><td>216</td><td>5,048</td><td>199</td></tr><tr><td>Feb. 12</td><td>13</td><td>15</td><td>-</td><td>-</td><td>14</td><td>-</td><td>95</td><td>137</td><td>534</td><td>2,043</td><td>1,911</td><td>138</td><td>191</td><td>4,817</td><td>263</td></tr><tr><td>Feb. 19</td><td>28</td><td>22</td><td>-</td><td>-</td><td>6</td><td>-</td><td>69</td><td>125</td><td>535</td><td>2,133</td><td>1,546</td><td>154</td><td>200</td><td>4,568</td><td>198</td></tr><tr><td>Feb. 26</td><td>19</td><td>21</td><td>3</td><td>22</td><td>-</td><td>-</td><td>74</td><td>139</td><td>619</td><td>1,803</td><td>928</td><td>189</td><td>239</td><td>3,778</td><td>254</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>Feb. 5</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1</td><td>-</td><td>-</td><td>70</td><td>-</td><td>-</td><td>70</td><td>1</td></tr><tr><td>Feb. 12</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1</td><td>-</td><td>-</td><td>71</td><td>-</td><td>-</td><td>71</td><td>5</td></tr><tr><td>Feb. 19</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>67</td><td>-</td><td>-</td><td>67</td><td>5</td></tr><tr><td>Feb. 26</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>75</td><td>-</td><td>-</td><td>75</td><td>5</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>Feb. 5</td><td>7</td><td>-</td><td>-</td><td>-</td><td>176</td><td>-</td><td>93</td><td>276</td><td>2</td><td>50</td><td>2,454</td><td>-</td><td>18</td><td>2,524</td><td>211</td></tr><tr><td>Feb. 12</td><td>6</td><td>-</td><td>-</td><td>-</td><td>184</td><td>-</td><td>97</td><td>287</td><td>9</td><td>58</td><td>2,164</td><td>-</td><td>20</td><td>2,251</td><td>218</td></tr><tr><td>Feb. 19</td><td>7</td><td>-</td><td>-</td><td>-</td><td>333</td><td>-</td><td>98</td><td>438</td><td>2</td><td>54</td><td>2,298</td><td>-</td><td>15</td><td>2,369</td><td>236</td></tr><tr><td>Feb. 26</td><td>7</td><td>-</td><td>-</td><td>-</td><td>342</td><td>-</td><td>100</td><td>449</td><td>4</td><td>59</td><td>2,469</td><td>-</td><td>12</td><td>2,544</td><td>217</td></tr></table>
47
Short-Term Foreign Assets as Reported by Banks and Bankers in the United States for February 1941
(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></tr><tr><td>Feb. 5.</td><td>395,983</td><td>19,146</td><td>3,247</td><td>1,333</td><td>272</td><td>1,871</td><td>38,440</td><td>1,807</td><td>798</td><td>831</td><td>1,176</td><td>2,212</td><td>25,745</td><td>96,878</td><td>31,587</td></tr><tr><td>Feb. 12.</td><td>404,492</td><td>22,236</td><td>3,017</td><td>1,426</td><td>283</td><td>1,866</td><td>38,354</td><td>1,828</td><td>797</td><td>811</td><td>1,272</td><td>2,494</td><td>25,683</td><td>100,067</td><td>33,333</td></tr><tr><td>Feb. 19.</td><td>394,477</td><td>21,162</td><td>3,134</td><td>1,443</td><td>260</td><td>1,855</td><td>38,087</td><td>1,838</td><td>886</td><td>793</td><td>1,262</td><td>2,541</td><td>25,130</td><td>98,406</td><td>32,027</td></tr><tr><td>Feb. 26.</td><td>382,976</td><td>20,744</td><td>3,144</td><td>1,456</td><td>267</td><td>1,875</td><td>38,199</td><td>1,709</td><td>815</td><td>790</td><td>1,171</td><td>3,830</td><td>25,430</td><td>99,430</td><td>30,839</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></tr><tr><td>Feb. 5.</td><td>45,227</td><td>6,364</td><td>360</td><td>53</td><td>22</td><td>4</td><td>120</td><td>491</td><td>336</td><td>220</td><td>417</td><td>1,323</td><td>1,225</td><td>10,935</td><td>4,962</td></tr><tr><td>Feb. 12.</td><td>46,503</td><td>6,426</td><td>332</td><td>49</td><td>23</td><td>5</td><td>148</td><td>487</td><td>331</td><td>209</td><td>425</td><td>1,749</td><td>1,224</td><td>11,408</td><td>5,732</td></tr><tr><td>Feb. 19.</td><td>40,127</td><td>6,578</td><td>312</td><td>50</td><td>21</td><td>5</td><td>156</td><td>428</td><td>334</td><td>192</td><td>421</td><td>631</td><td>1,224</td><td>10,352</td><td>5,275</td></tr><tr><td>Feb. 26.</td><td>40,513</td><td>5,790</td><td>337</td><td>45</td><td>21</td><td>6</td><td>160</td><td>407</td><td>364</td><td>192</td><td>348</td><td>1,718</td><td>1,228</td><td>10,615</td><td>5,301</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></tr><tr><td>Feb. 5.</td><td>9,285</td><td>2,900</td><td>40</td><td>27</td><td>5</td><td>-</td><td>38</td><td>209</td><td>78</td><td>11</td><td>53</td><td>1,219</td><td>41</td><td>4,621</td><td>3,218</td></tr><tr><td>Feb. 12.</td><td>9,922</td><td>3,137</td><td>36</td><td>23</td><td>6</td><td>1</td><td>66</td><td>206</td><td>76</td><td>10</td><td>64</td><td>1,079</td><td>44</td><td>4,748</td><td>3,775</td></tr><tr><td>Feb. 19.</td><td>8,354</td><td>3,224</td><td>32</td><td>24</td><td>4</td><td>1</td><td>83</td><td>193</td><td>78</td><td>8</td><td>72</td><td>32</td><td>48</td><td>3,799</td><td>3,470</td></tr><tr><td>Feb. 26.</td><td>9,729</td><td>2,778</td><td>46</td><td>22</td><td>5</td><td>2</td><td>88</td><td>171</td><td>107</td><td>8</td><td>37</td><td>1,118</td><td>50</td><td>4,432</td><td>3,395</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></tr><tr><td>Feb. 5.</td><td>28,503</td><td>819</td><td>201</td><td>10</td><td>2</td><td>-</td><td>60</td><td>217</td><td>57</td><td>71</td><td>1</td><td>6</td><td>350</td><td>1,794</td><td>1,136</td></tr><tr><td>Feb. 12.</td><td>29,250</td><td>751</td><td>177</td><td>10</td><td>2</td><td>-</td><td>60</td><td>217</td><td>57</td><td>70</td><td>1</td><td>559</td><td>349</td><td>2,253</td><td>1,288</td></tr><tr><td>Feb. 19.</td><td>23,771</td><td>706</td><td>162</td><td>10</td><td>1</td><td>-</td><td>51</td><td>171</td><td>56</td><td>49</td><td>1</td><td>500</td><td>347</td><td>2,054</td><td>1,130</td></tr><tr><td>Feb. 26.</td><td>23,913</td><td>664</td><td>173</td><td>10</td><td>1</td><td>-</td><td>51</td><td>172</td><td>56</td><td>49</td><td>1</td><td>499</td><td>347</td><td>2,023</td><td>1,137</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></tr><tr><td>Feb. 5.</td><td>7,339</td><td>2,045</td><td>119</td><td>16</td><td>15</td><td>4</td><td>22</td><td>65</td><td>201</td><td>138</td><td>363</td><td>98</td><td>834</td><td>4,520</td><td>608</td></tr><tr><td>Feb. 12.</td><td>7,331</td><td>2,538</td><td>119</td><td>16</td><td>15</td><td>4</td><td>22</td><td>64</td><td>198</td><td>129</td><td>360</td><td>111</td><td>831</td><td>4,407</td><td>669</td></tr><tr><td>Feb. 19.</td><td>7,502</td><td>2,648</td><td>118</td><td>16</td><td>16</td><td>4</td><td>22</td><td>64</td><td>200</td><td>135</td><td>343</td><td>99</td><td>829</td><td>4,499</td><td>675</td></tr><tr><td>Feb. 26.</td><td>6,871</td><td>2,348</td><td>118</td><td>13</td><td>15</td><td>4</td><td>21</td><td>64</td><td>201</td><td>135</td><td>310</td><td>101</td><td>831</td><td>4,161</td><td>769</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></tr><tr><td>Feb. 5.</td><td>350,756</td><td>12,782</td><td>2,887</td><td>1,280</td><td>250</td><td>1,867</td><td>38,320</td><td>1,316</td><td>462</td><td>611</td><td>759</td><td>889</td><td>24,520</td><td>85,943</td><td>26,725</td></tr><tr><td>Feb. 12.</td><td>357,989</td><td>15,810</td><td>2,685</td><td>1,377</td><td>260</td><td>1,861</td><td>38,206</td><td>1,341</td><td>466</td><td>602</td><td>847</td><td>745</td><td>24,459</td><td>88,559</td><td>27,601</td></tr><tr><td>Feb. 19.</td><td>354,350</td><td>14,584</td><td>2,822</td><td>1,398</td><td>239</td><td>1,860</td><td>37,931</td><td>1,410</td><td>552</td><td>601</td><td>841</td><td>1,910</td><td>23,906</td><td>88,054</td><td>26,752</td></tr><tr><td>Feb. 26.</td><td>342,463</td><td>14,954</td><td>2,807</td><td>1,411</td><td>246</td><td>1,869</td><td>38,039</td><td>1,302</td><td>451</td><td>598</td><td>823</td><td>2,112</td><td>24,202</td><td>88,914</td><td>25,538</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></tr><tr><td>Feb. 5.</td><td>131,505</td><td>7,660</td><td>612</td><td>456</td><td>-</td><td>-</td><td>12,232</td><td>648</td><td>13</td><td>11</td><td>17</td><td>330</td><td>12,010</td><td>33,939</td><td>1,320</td></tr><tr><td>Feb. 12.</td><td>139,933</td><td>10,686</td><td>428</td><td>559</td><td>-</td><td>-</td><td>11,901</td><td>676</td><td>12</td><td>11</td><td>50</td><td>213</td><td>11,919</td><td>36,455</td><td>2,725</td></tr><tr><td>Feb. 19.</td><td>134,387</td><td>9,375</td><td>612</td><td>560</td><td>-</td><td>-</td><td>12,343</td><td>829</td><td>108</td><td>10</td><td>34</td><td>204</td><td>11,418</td><td>35,493</td><td>3,028</td></tr><tr><td>Feb. 26.</td><td>128,687</td><td>9,437</td><td>608</td><td>560</td><td>-</td><td>-</td><td>12,470</td><td>716</td><td>10</td><td>10</td><td>15</td><td>222</td><td>11,673</td><td>35,721</td><td>2,382</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></tr><tr><td>Feb. 5.</td><td>56,827</td><td>1,793</td><td>493</td><td>-</td><td>-</td><td>6</td><td>17,475</td><td>5</td><td>4</td><td>-</td><td>250</td><td>41</td><td>582</td><td>20,649</td><td>5,930</td></tr><tr><td>Feb. 12.</td><td>54,171</td><td>1,599</td><td>486</td><td>-</td><td>-</td><td>-</td><td>17,694</td><td>5</td><td>4</td><td>-</td><td>313</td><td>40</td><td>586</td><td>20,727</td><td>5,943</td></tr><tr><td>Feb. 19.</td><td>52,143</td><td>1,607</td><td>486</td><td>-</td><td>-</td><td>-</td><td>16,978</td><td>5</td><td>4</td><td>-</td><td>277</td><td>40</td><td>560</td><td>19,957</td><td>5,171</td></tr><tr><td>Feb. 26.</td><td>50,168</td><td>1,522</td><td>486</td><td>-</td><td>-</td><td>9</td><td>16,554</td><td>5</td><td>4</td><td>-</td><td>265</td><td>36</td><td>542</td><td>19,423</td><td>4,760</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></tr><tr><td>Feb. 5.</td><td>162,324</td><td>3,329</td><td>1,782</td><td>824</td><td>250</td><td>1,861</td><td>8,613</td><td>663</td><td>445</td><td>600</td><td>492</td><td>518</td><td>11,928</td><td>31,305</td><td>19,475</td></tr><tr><td>Feb. 12.</td><td>163,885</td><td>3,525</td><td>1,771</td><td>818</td><td>260</td><td>1,861</td><td>8,611</td><td>660</td><td>450</td><td>591</td><td>484</td><td>492</td><td>11,954</td><td>31,477</td><td>18,933</td></tr><tr><td>Feb. 19.</td><td>167,820</td><td>3,602</td><td>1,724</td><td>838</td><td>239</td><td>1,860</td><td>8,510</td><td>576</td><td>440</td><td>591</td><td>530</td><td>1,666</td><td>11,928</td><td>32,604</td><td>18,551</td></tr><tr><td>Feb. 26.</td><td>163,608</td><td>3,995</td><td>1,713</td><td>851</td><td>246</td><td>1,860</td><td>9,015</td><td>581</td><td>437</td><td>588</td><td>543</td><td>1,854</td><td>11,987</td><td>33,670</td><td>18,396</td></tr></table>
(Continued on following page)
48
Short-Term Foreign Assets as Reported by Banks and Bankers in the United States for February 1941 - (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>Philippine 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>Feb. 5</td><td>10,109</td><td>33,594</td><td>15,360</td><td>11,245</td><td>6,121</td><td>2,256</td><td>45,850</td><td>124,535</td><td>23,795</td><td>843</td><td>73,980</td><td>21,712</td><td>16,026</td><td>136,356</td><td>6,527</td></tr><tr><td>Feb. 12</td><td>10,657</td><td>30,843</td><td>14,686</td><td>11,431</td><td>6,487</td><td>2,323</td><td>46,290</td><td>122,717</td><td>23,415</td><td>928</td><td>80,180</td><td>22,191</td><td>15,315</td><td>142,029</td><td>6,316</td></tr><tr><td>Feb. 19</td><td>10,034</td><td>25,899</td><td>14,881</td><td>10,978</td><td>6,397</td><td>2,281</td><td>46,902</td><td>117,372</td><td>23,791</td><td>945</td><td>77,540</td><td>21,313</td><td>16,761</td><td>140,350</td><td>6,322</td></tr><tr><td>Feb. 26</td><td>10,000</td><td>24,424</td><td>14,257</td><td>11,319</td><td>5,854</td><td>2,402</td><td>46,806</td><td>115,062</td><td>23,467</td><td>907</td><td>68,314</td><td>21,493</td><td>16,855</td><td>131,036</td><td>6,609</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>Feb. 5</td><td>803</td><td>5,134</td><td>32</td><td>63</td><td>596</td><td>67</td><td>486</td><td>7,181</td><td>19,241</td><td>387</td><td>915</td><td>75</td><td>985</td><td>21,603</td><td>546</td></tr><tr><td>Feb. 12</td><td>807</td><td>5,156</td><td>32</td><td>54</td><td>608</td><td>67</td><td>470</td><td>7,194</td><td>19,234</td><td>462</td><td>748</td><td>63</td><td>1,111</td><td>21,618</td><td>551</td></tr><tr><td>Feb. 19</td><td>797</td><td>126</td><td>31</td><td>60</td><td>689</td><td>79</td><td>501</td><td>2,283</td><td>19,214</td><td>456</td><td>877</td><td>73</td><td>1,063</td><td>21,683</td><td>534</td></tr><tr><td>Feb. 26</td><td>790</td><td>126</td><td>31</td><td>32</td><td>625</td><td>69</td><td>473</td><td>2,146</td><td>19,512</td><td>418</td><td>747</td><td>74</td><td>1,108</td><td>21,859</td><td>591</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>Feb. 5</td><td>44</td><td>2</td><td>1</td><td>43</td><td>189</td><td>19</td><td>28</td><td>326</td><td>59</td><td>179</td><td>403</td><td>48</td><td>425</td><td>1,114</td><td>6</td></tr><tr><td>Feb. 12</td><td>41</td><td>1</td><td>1</td><td>35</td><td>207</td><td>19</td><td>14</td><td>318</td><td>50</td><td>239</td><td>221</td><td>36</td><td>524</td><td>1,070</td><td>11</td></tr><tr><td>Feb. 19</td><td>38</td><td>5</td><td>1</td><td>42</td><td>284</td><td>19</td><td>35</td><td>424</td><td>31</td><td>231</td><td>276</td><td>47</td><td>572</td><td>1,157</td><td>4</td></tr><tr><td>Feb. 26</td><td>31</td><td>9</td><td>1</td><td>26</td><td>349</td><td>19</td><td>12</td><td>447</td><td>337</td><td>203</td><td>303</td><td>47</td><td>560</td><td>1,450</td><td>5</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>Feb. 5</td><td>588</td><td>5,057</td><td>7</td><td>-</td><td>215</td><td>-</td><td>168</td><td>6,035</td><td>19,164</td><td>166</td><td>47</td><td>-</td><td>260</td><td>19,637</td><td>1</td></tr><tr><td>Feb. 12</td><td>594</td><td>5,054</td><td>7</td><td>-</td><td>215</td><td>-</td><td>163</td><td>6,033</td><td>19,166</td><td>165</td><td>57</td><td>-</td><td>287</td><td>19,675</td><td>1</td></tr><tr><td>Feb. 19</td><td>591</td><td>20</td><td>7</td><td>-</td><td>215</td><td>-</td><td>171</td><td>1,004</td><td>19,165</td><td>167</td><td>58</td><td>-</td><td>192</td><td>19,582</td><td>1</td></tr><tr><td>Feb. 26</td><td>587</td><td>18</td><td>7</td><td>-</td><td>215</td><td>-</td><td>178</td><td>1,005</td><td>19,156</td><td>166</td><td>178</td><td>-</td><td>247</td><td>19,747</td><td>1</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><td></td><td></td></tr><tr><td>Feb. 5</td><td>171</td><td>75</td><td>24</td><td>20</td><td>192</td><td>48</td><td>290</td><td>820</td><td>18</td><td>42</td><td>465</td><td>27</td><td>300</td><td>852</td><td>539</td></tr><tr><td>Feb. 12</td><td>172</td><td>101</td><td>24</td><td>19</td><td>186</td><td>48</td><td>293</td><td>843</td><td>18</td><td>58</td><td>470</td><td>27</td><td>300</td><td>873</td><td>539</td></tr><tr><td>Feb. 19</td><td>168</td><td>101</td><td>23</td><td>18</td><td>190</td><td>60</td><td>295</td><td>855</td><td>18</td><td>58</td><td>543</td><td>26</td><td>299</td><td>944</td><td>529</td></tr><tr><td>Feb. 26</td><td>172</td><td>99</td><td>23</td><td>6</td><td>61</td><td>50</td><td>283</td><td>694</td><td>19</td><td>49</td><td>266</td><td>27</td><td>301</td><td>662</td><td>585</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>Feb. 5</td><td>9,306</td><td>28,460</td><td>15,328</td><td>11,182</td><td>5,525</td><td>2,189</td><td>45,304</td><td>117,354</td><td>4,554</td><td>456</td><td>73,065</td><td>21,637</td><td>15,041</td><td>114,753</td><td>5,981</td></tr><tr><td>Feb. 12</td><td>9,850</td><td>25,687</td><td>14,654</td><td>11,377</td><td>5,879</td><td>2,256</td><td>45,820</td><td>115,523</td><td>4,181</td><td>466</td><td>79,432</td><td>22,128</td><td>14,204</td><td>120,411</td><td>5,795</td></tr><tr><td>Feb. 19</td><td>9,237</td><td>25,773</td><td>14,850</td><td>10,918</td><td>5,708</td><td>2,202</td><td>46,401</td><td>115,089</td><td>4,577</td><td>489</td><td>76,663</td><td>21,240</td><td>15,698</td><td>118,667</td><td>5,788</td></tr><tr><td>Feb. 26</td><td>9,210</td><td>24,298</td><td>14,226</td><td>11,287</td><td>5,229</td><td>2,333</td><td>46,333</td><td>112,916</td><td>3,955</td><td>489</td><td>67,567</td><td>21,419</td><td>15,747</td><td>109,177</td><td>6,018</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>Feb. 5</td><td>208</td><td>5,200</td><td>547</td><td>3,881</td><td>949</td><td>-</td><td>5,945</td><td>16,730</td><td>1,563</td><td>154</td><td>55,414</td><td>12,977</td><td>9,021</td><td>79,129</td><td>437</td></tr><tr><td>Feb. 12</td><td>627</td><td>4,382</td><td>233</td><td>3,883</td><td>1,236</td><td>58</td><td>5,792</td><td>16,211</td><td>1,690</td><td>154</td><td>60,828</td><td>13,304</td><td>8,284</td><td>84,260</td><td>282</td></tr><tr><td>Feb. 19</td><td>170</td><td>4,894</td><td>302</td><td>3,391</td><td>938</td><td>-</td><td>6,183</td><td>15,878</td><td>2,125</td><td>133</td><td>55,228</td><td>12,398</td><td>9,849</td><td>79,733</td><td>255</td></tr><tr><td>Feb. 26</td><td>231</td><td>3,901</td><td>252</td><td>3,254</td><td>1,065</td><td>-</td><td>5,668</td><td>14,371</td><td>1,807</td><td>138</td><td>52,016</td><td>12,204</td><td>9,819</td><td>75,984</td><td>229</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>Feb. 5</td><td>763</td><td>9,373</td><td>5,009</td><td>3,873</td><td>514</td><td>24</td><td>3,635</td><td>23,191</td><td>420</td><td>106</td><td>2,113</td><td>1,619</td><td>2,187</td><td>6,445</td><td>612</td></tr><tr><td>Feb. 12</td><td>778</td><td>6,622</td><td>4,977</td><td>4,041</td><td>580</td><td>23</td><td>3,969</td><td>20,990</td><td>555</td><td>99</td><td>1,595</td><td>1,489</td><td>2,180</td><td>5,918</td><td>593</td></tr><tr><td>Feb. 19</td><td>704</td><td>6,076</td><td>4,757</td><td>4,131</td><td>638</td><td>33</td><td>4,078</td><td>20,417</td><td>462</td><td>112</td><td>2,034</td><td>1,481</td><td>1,968</td><td>6,057</td><td>535</td></tr><tr><td>Feb. 26</td><td>403</td><td>5,726</td><td>4,102</td><td>4,348</td><td>494</td><td>31</td><td>4,126</td><td>19,230</td><td>443</td><td>112</td><td>1,962</td><td>1,718</td><td>1,980</td><td>6,215</td><td>540</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>Feb. 5</td><td>8,335</td><td>13,887</td><td>9,772</td><td>3,428</td><td>4,062</td><td>2,165</td><td>35,784</td><td>77,433</td><td>2,571</td><td>196</td><td>15,538</td><td>7,041</td><td>3,833</td><td>29,179</td><td>4,932</td></tr><tr><td>Feb. 12</td><td>8,445</td><td>14,683</td><td>9,444</td><td>3,453</td><td>4,063</td><td>2,175</td><td>36,059</td><td>78,322</td><td>1,936</td><td>213</td><td>17,009</td><td>7,335</td><td>3,740</td><td>30,233</td><td>4,920</td></tr><tr><td>Feb. 19</td><td>8,363</td><td>14,803</td><td>9,791</td><td>3,396</td><td>4,132</td><td>2,169</td><td>36,140</td><td>78,794</td><td>1,990</td><td>244</td><td>19,401</td><td>7,361</td><td>3,881</td><td>32,877</td><td>4,994</td></tr><tr><td>Feb. 26</td><td>8,576</td><td>14,671</td><td>9,872</td><td>3,685</td><td>3,670</td><td>2,302</td><td>36,539</td><td>79,315</td><td>1,705</td><td>239</td><td>13,589</td><td>7,497</td><td>3,948</td><td>26,978</td><td>5,249</td></tr></table>
49
Security Transactions as Reported by Banks, Bankers, Brokers and Dealers in the United States for February 1941
(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>Feb. 5.</td><td>10,697</td><td>218</td><td>99</td><td>86</td><td>2</td><td>120</td><td>164</td><td>23</td><td>2,487</td><td>482</td><td>3,681</td><td>3,737</td><td>1,927</td><td>241</td><td>1,908</td><td>1,249</td><td>103</td></tr><tr><td>Feb. 12.</td><td>6,380</td><td>151</td><td>69</td><td>68</td><td>1</td><td>25</td><td>96</td><td>14</td><td>772</td><td>369</td><td>1,565</td><td>2,805</td><td>1,510</td><td>226</td><td>246</td><td>472</td><td>28</td></tr><tr><td>Feb. 19.</td><td>7,318</td><td>361</td><td>185</td><td>61</td><td>2</td><td>28</td><td>166</td><td>21</td><td>742</td><td>249</td><td>1,915</td><td>2,712</td><td>1,603</td><td>193</td><td>686</td><td>879</td><td>309</td></tr><tr><td>Feb. 26.</td><td>9,757</td><td>184</td><td>35</td><td>12</td><td>-</td><td>66</td><td>36</td><td>9</td><td>2,261</td><td>126</td><td>2,729</td><td>3,999</td><td>1,834</td><td>939</td><td>203</td><td>1,142</td><td>53</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>Feb. 5.</td><td>3,429</td><td>73</td><td>23</td><td>47</td><td>-</td><td>111</td><td>159</td><td>11</td><td>1,220</td><td>64</td><td>1,708</td><td>409</td><td>994</td><td>1</td><td>282</td><td>283</td><td>35</td></tr><tr><td>Feb. 12.</td><td>1,431</td><td>18</td><td>52</td><td>61</td><td>1</td><td>18</td><td>85</td><td>6</td><td>503</td><td>48</td><td>792</td><td>89</td><td>448</td><td>3</td><td>84</td><td>87</td><td>15</td></tr><tr><td>Feb. 19.</td><td>3,155</td><td>39</td><td>129</td><td>35</td><td>1</td><td>24</td><td>121</td><td>1</td><td>654</td><td>60</td><td>1,064</td><td>495</td><td>1,018</td><td>4</td><td>543</td><td>547</td><td>31</td></tr><tr><td>Feb. 26.</td><td>2,297</td><td>18</td><td>28</td><td>-</td><td>-</td><td>40</td><td>36</td><td>2</td><td>266</td><td>16</td><td>406</td><td>421</td><td>1,271</td><td>-</td><td>170</td><td>170</td><td>29</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>Feb. 5.</td><td>4,698</td><td>42</td><td>22</td><td>-</td><td>2</td><td>6</td><td>5</td><td>10</td><td>1,107</td><td>7</td><td>1,201</td><td>2,708</td><td>85</td><td>-</td><td>703</td><td>703</td><td>1</td></tr><tr><td>Feb. 12.</td><td>3,226</td><td>59</td><td>7</td><td>-</td><td>-</td><td>5</td><td>11</td><td>2</td><td>202</td><td>67</td><td>352</td><td>2,134</td><td>644</td><td>-</td><td>96</td><td>96</td><td>-</td></tr><tr><td>Feb. 19.</td><td>2,473</td><td>26</td><td>37</td><td>11</td><td>-</td><td>-</td><td>45</td><td>11</td><td>28</td><td>87</td><td>245</td><td>1,977</td><td>163</td><td>-</td><td>86</td><td>86</td><td>2</td></tr><tr><td>Feb. 26.</td><td>5,611</td><td>1</td><td>4</td><td>2</td><td>-</td><td>26</td><td>-</td><td>-</td><td>1,947</td><td>1</td><td>1,981</td><td>3,457</td><td>158</td><td>-</td><td>14</td><td>14</td><td>1</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>Feb. 5.</td><td>2,570</td><td>103</td><td>54</td><td>39</td><td>-</td><td>3</td><td>-</td><td>2</td><td>160</td><td>411</td><td>772</td><td>620</td><td>848</td><td>240</td><td>23</td><td>263</td><td>67</td></tr><tr><td>Feb. 12.</td><td>1,723</td><td>74</td><td>10</td><td>7</td><td>-</td><td>2</td><td>-</td><td>7</td><td>67</td><td>254</td><td>421</td><td>582</td><td>418</td><td>223</td><td>66</td><td>289</td><td>13</td></tr><tr><td>Feb. 19.</td><td>1,690</td><td>296</td><td>19</td><td>15</td><td>1</td><td>4</td><td>-</td><td>9</td><td>60</td><td>102</td><td>506</td><td>240</td><td>422</td><td>189</td><td>57</td><td>246</td><td>276</td></tr><tr><td>Feb. 26.</td><td>1,849</td><td>165</td><td>3</td><td>10</td><td>-</td><td>-</td><td>-</td><td>7</td><td>48</td><td>109</td><td>342</td><td>121</td><td>405</td><td>939</td><td>19</td><td>958</td><td>23</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>Feb. 5.</td><td>13,773</td><td>676</td><td>126</td><td>145</td><td>18</td><td>1,565</td><td>414</td><td>24</td><td>3,307</td><td>205</td><td>6,480</td><td>3,538</td><td>1,786</td><td>26</td><td>1,499</td><td>1,525</td><td>444</td></tr><tr><td>Feb. 12.</td><td>7,460</td><td>320</td><td>30</td><td>5</td><td>11</td><td>27</td><td>58</td><td>11</td><td>1,133</td><td>89</td><td>1,684</td><td>2,901</td><td>2,482</td><td>7</td><td>356</td><td>363</td><td>30</td></tr><tr><td>Feb. 19.</td><td>8,899</td><td>483</td><td>125</td><td>-</td><td>17</td><td>20</td><td>20</td><td>40</td><td>2,377</td><td>171</td><td>3,213</td><td>2,686</td><td>2,132</td><td>10</td><td>697</td><td>707</td><td>161</td></tr><tr><td>Feb. 26.</td><td>11,112</td><td>815</td><td>36</td><td>23</td><td>1,028</td><td>32</td><td>21</td><td>7</td><td>1,281</td><td>143</td><td>3,386</td><td>4,936</td><td>2,367</td><td>56</td><td>306</td><td>362</td><td>61</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>Feb. 5.</td><td>6,692</td><td>478</td><td>86</td><td>142</td><td>4</td><td>-</td><td>367</td><td>22</td><td>2,255</td><td>50</td><td>3,404</td><td>838</td><td>1,750</td><td>24</td><td>644</td><td>668</td><td>432</td></tr><tr><td>Feb. 12.</td><td>3,395</td><td>128</td><td>13</td><td>-</td><td>7</td><td>7</td><td>58</td><td>10</td><td>691</td><td>16</td><td>930</td><td>1,137</td><td>960</td><td>7</td><td>334</td><td>341</td><td>27</td></tr><tr><td>Feb. 19.</td><td>5,487</td><td>294</td><td>109</td><td>-</td><td>4</td><td>20</td><td>13</td><td>32</td><td>1,720</td><td>78</td><td>2,270</td><td>1,022</td><td>1,451</td><td>10</td><td>576</td><td>586</td><td>158</td></tr><tr><td>Feb. 26.</td><td>4,587</td><td>250</td><td>14</td><td>23</td><td>3</td><td>12</td><td>16</td><td>3</td><td>876</td><td>122</td><td>1,219</td><td>1,014</td><td>2,070</td><td>49</td><td>116</td><td>165</td><td>19</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>Feb. 5.</td><td>5,466</td><td>92</td><td>37</td><td>2</td><td>4</td><td>1,565</td><td>39</td><td>1</td><td>716</td><td>136</td><td>2,592</td><td>1,994</td><td>34</td><td>2</td><td>844</td><td>846</td><td>-</td></tr><tr><td>Feb. 12.</td><td>3,434</td><td>169</td><td>17</td><td>-</td><td>3</td><td>16</td><td>-</td><td>-</td><td>353</td><td>49</td><td>607</td><td>1,548</td><td>1,265</td><td>-</td><td>12</td><td>12</td><td>2</td></tr><tr><td>Feb. 19.</td><td>2,557</td><td>116</td><td>14</td><td>-</td><td>11</td><td>17</td><td>7</td><td>7</td><td>398</td><td>6</td><td>559</td><td>1,535</td><td>368</td><td>-</td><td>95</td><td>95</td><td>-</td></tr><tr><td>Feb. 26.</td><td>5,984</td><td>513</td><td>22</td><td>-</td><td>1,022</td><td>17</td><td>3</td><td>4</td><td>216</td><td>4</td><td>1,801</td><td>3,864</td><td>131</td><td>2</td><td>157</td><td>159</td><td>29</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>Feb. 5.</td><td>1,615</td><td>106</td><td>3</td><td>1</td><td>10</td><td>-</td><td>8</td><td>1</td><td>336</td><td>19</td><td>484</td><td>706</td><td>402</td><td>-</td><td>11</td><td>11</td><td>12</td></tr><tr><td>Feb. 12.</td><td>631</td><td>23</td><td>-</td><td>5</td><td>1</td><td>4</td><td>-</td><td>1</td><td>89</td><td>24</td><td>147</td><td>216</td><td>257</td><td>-</td><td>10</td><td>10</td><td>1</td></tr><tr><td>Feb. 19.</td><td>855</td><td>73</td><td>2</td><td>-</td><td>2</td><td>-</td><td>-</td><td>1</td><td>259</td><td>47</td><td>384</td><td>129</td><td>313</td><td>-</td><td>26</td><td>26</td><td>3</td></tr><tr><td>Feb. 26.</td><td>541</td><td>52</td><td>-</td><td>-</td><td>3</td><td>3</td><td>2</td><td>-</td><td>189</td><td>17</td><td>266</td><td>58</td><td>166</td><td>5</td><td>33</td><td>38</td><td>13</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>Feb. 5.</td><td>450</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>411</td><td>34</td><td>-</td><td>5</td><td>5</td><td>-</td></tr><tr><td>Feb. 12.</td><td>542</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</td><td>455</td><td>81</td><td>-</td><td>4</td><td>4</td><td>-</td></tr><tr><td>Feb. 19.</td><td>433</td><td>3</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>3</td><td>429</td><td>-</td><td>-</td><td>1</td><td>1</td><td>-</td></tr><tr><td>Feb. 26.</td><td>593</td><td>9</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>9</td><td>579</td><td>2</td><td>-</td><td>3</td><td>3</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>Feb. 5.</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>Feb. 12.</td><td>2</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 19.</td><td>3</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 26.</td><td>8</td><td>8</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>8</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>Feb. 5.</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>Feb. 12.</td><td>11</td><td>-</td><td>-</td><td>-</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></tr><tr><td>Feb. 19.</td><td>5</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>5</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 26.</td><td>7</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>7</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>Feb. 5.</td><td>434</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>395</td><td>34</td><td>-</td><td>5</td><td>5</td><td>-</td></tr><tr><td>Feb. 12.</td><td>529</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1</td><td>443</td><td>81</td><td>-</td><td>4</td><td>4</td><td>-</td></tr><tr><td>Feb. 19.</td><td>425</td><td>2</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</td><td>422</td><td>-</td><td>-</td><td>1</td><td>1</td><td>-</td></tr><tr><td>Feb. 26.</td><td>578</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1</td><td>572</td><td>2</td><td>-</td><td>3</td><td>3</td><td>-</td></tr></table>
(Continued on following page)
50
Security Transactions as Reported by Banks, Bankers, Brokers and Dealers in the United States for February 1941 - (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>Feb. 5.</td><td>553</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>34</td><td>-</td><td>34</td><td>490</td><td>29</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 12.</td><td>168</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>140</td><td>-</td><td>140</td><td>606</td><td>22</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 19.</td><td>535</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>30</td><td>-</td><td>30</td><td>495</td><td>10</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 26.</td><td>556</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>21</td><td>-</td><td>22</td><td>527</td><td>7</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><b>Stocks:</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>Feb. 5.</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>Feb. 12.</td><td>7</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>7</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 19.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><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>Feb. 26.</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><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><b>Bonds:</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>Feb. 5.</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><td>-</td></tr><tr><td>Feb. 12.</td><td>10</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>10</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 19.</td><td>23</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>23</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 26.</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><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>Feb. 5.</td><td>532</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>34</td><td>-</td><td>34</td><td>459</td><td>29</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 12.</td><td>751</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>140</td><td>-</td><td>140</td><td>589</td><td>22</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 19.</td><td>512</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>30</td><td>-</td><td>30</td><td>472</td><td>10</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 26.</td><td>553</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>21</td><td>-</td><td>22</td><td>524</td><td>7</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 February 1941
(In thousands of dollars)
<table><tr><th>Balancee 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>Swit-zerland</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>Feb. 5</td><td>26,851</td><td>1,785</td><td>1,303</td><td>512</td><td>38</td><td>51</td><td>569</td><td>267</td><td>1,374</td><td>1,547</td><td>7,446</td><td>10,395</td><td>6,655</td><td>114</td><td>1,962</td><td>2,076</td><td>279</td></tr><tr><td>Feb. 12</td><td>27,549</td><td>1,786</td><td>1,373</td><td>520</td><td>37</td><td>52</td><td>570</td><td>273</td><td>1,376</td><td>1,504</td><td>7,491</td><td>10,696</td><td>6,579</td><td>108</td><td>2,394</td><td>2,502</td><td>281</td></tr><tr><td>Feb. 19</td><td>26,887</td><td>1,772</td><td>1,354</td><td>523</td><td>37</td><td>54</td><td>568</td><td>260</td><td>1,235</td><td>1,495</td><td>7,297</td><td>10,356</td><td>6,433</td><td>94</td><td>2,447</td><td>2,541</td><td>260</td></tr><tr><td>Feb. 26</td><td>25,977</td><td>1,750</td><td>1,338</td><td>435</td><td>30</td><td>54</td><td>560</td><td>259</td><td>1,087</td><td>1,446</td><td>6,959</td><td>9,897</td><td>6,339</td><td>90</td><td>2,427</td><td>2,517</td><td>265</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>Feb. 5</td><td>46,707</td><td>2,733</td><td>6,598</td><td>1,246</td><td>49</td><td>46</td><td>7,735</td><td>159</td><td>10,993</td><td>2,112</td><td>31,671</td><td>1,786</td><td>10,316</td><td>214</td><td>1,885</td><td>2,099</td><td>835</td></tr><tr><td>Feb. 12</td><td>46,302</td><td>2,725</td><td>6,653</td><td>1,239</td><td>51</td><td>47</td><td>7,774</td><td>130</td><td>10,638</td><td>2,117</td><td>31,374</td><td>1,714</td><td>10,315</td><td>213</td><td>1,830</td><td>2,043</td><td>856</td></tr><tr><td>Feb. 19</td><td>46,231</td><td>2,634</td><td>6,705</td><td>1,212</td><td>48</td><td>45</td><td>7,773</td><td>119</td><td>10,123</td><td>2,168</td><td>30,827</td><td>2,362</td><td>10,146</td><td>167</td><td>1,921</td><td>2,088</td><td>808</td></tr><tr><td>Feb. 26</td><td>46,004</td><td>2,716</td><td>6,625</td><td>1,242</td><td>49</td><td>41</td><td>7,774</td><td>119</td><td>10,277</td><td>2,143</td><td>30,986</td><td>1,675</td><td>10,443</td><td>166</td><td>1,988</td><td>2,154</td><td>746</td></tr></table>
51
Security Transactions in Joint Foreign Arbitrage Accounts as Reported by Brokers and Dealers in the United States for February 1941
(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:</td><td></td><td></td><td></td><td></td><td></td><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>Feb. 5</td><td>301</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>287</td><td>14</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 12</td><td>304</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>13</td><td>-</td><td>13</td><td>255</td><td>36</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 19</td><td>170</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>123</td><td>47</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 26</td><td>108</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>9</td><td>-</td><td>9</td><td>89</td><td>10</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>Feb. 5</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><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>Feb. 12</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><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>Feb. 19</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><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>Feb. 26</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><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>Feb. 5</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><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>Feb. 12</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><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>Feb. 19</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><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>Feb. 26</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>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>Feb. 5</td><td>301</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>287</td><td>14</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 12</td><td>304</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>13</td><td>-</td><td>13</td><td>255</td><td>36</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 19</td><td>170</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>123</td><td>47</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 26</td><td>104</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>9</td><td>-</td><td>9</td><td>85</td><td>10</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>Feb. 5</td><td>479</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>474</td><td>5</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 12</td><td>102</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>102</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 19</td><td>89</td><td>5</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>5</td><td>84</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 26</td><td>105</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>105</td><td>-</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>Feb. 5</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><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>Feb. 12</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><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>Feb. 19</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><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>Feb. 26</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><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>Feb. 5</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><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>Feb. 12</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><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>Feb. 19</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><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>Feb. 26</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><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>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>Feb. 5</td><td>479</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>474</td><td>5</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 12</td><td>102</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>102</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 19</td><td>89</td><td>5</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>5</td><td>84</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Feb. 26</td><td>105</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>105</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr></table>
52
Foreign Purchases and Sales of Domestic Securities
(In thousands of dollars)
<table><tr><th>Transactions during week ended:</th><th>Total purchases</th><th>Total sales</th><th>Net purchases or sales (-)</th><th>Transactions during week ended:</th><th>Total purchases</th><th>Total sales</th><th>Net purchases or sales (-)</th><th>Transactions during week ended:</th><th>Total purchases</th><th>Total sales</th><th>Net purchases or sales (-)</th></tr><tr><td>1938-Jan. 5....</td><td>17,083</td><td>15,195</td><td>1,888</td><td>1939-Feb. 1....</td><td>29,450</td><td>36,458</td><td>-7,008</td><td>1940-Mar. 6....</td><td>11,723</td><td>13,056</td><td>-1,333</td></tr><tr><td>12....</td><td>22,268</td><td>21,189</td><td>1,079</td><td>8....</td><td>28,615</td><td>23,014</td><td>5,601</td><td>13....</td><td>11,518</td><td>14,911</td><td>-3,393</td></tr><tr><td>19....</td><td>24,699</td><td>21,609</td><td>3,090</td><td>15....</td><td>17,529</td><td>15,519</td><td>2,010</td><td>20....</td><td>11,217</td><td>12,777</td><td>-1,560</td></tr><tr><td>26....</td><td>17,822</td><td>17,942</td><td>-120</td><td>22....</td><td>16,502</td><td>14,868</td><td>1,634</td><td>27....</td><td>6,176</td><td>9,009</td><td>-2,833</td></tr><tr><td>Feb. 2....</td><td>20,255</td><td>18,017</td><td>2,238</td><td>Mar. 1....</td><td>22,205</td><td>20,272</td><td>1,933</td><td>Apr. 3....</td><td>12,778</td><td>16,316</td><td>-3,538</td></tr><tr><td>9....</td><td>13,626</td><td>18,587</td><td>-4,961</td><td>8....</td><td>22,675</td><td>25,232</td><td>-2,557</td><td>10....</td><td>19,870</td><td>21,064</td><td>-1,194</td></tr><tr><td>16....</td><td>10,704</td><td>15,302</td><td>-4,598</td><td>15....</td><td>26,725</td><td>27,207</td><td>-1482</td><td>17....</td><td>16,998</td><td>14,067</td><td>2,931</td></tr><tr><td>23....</td><td>11,021</td><td>11,833</td><td>-812</td><td>22....</td><td>24,587</td><td>39,669</td><td>-15,082</td><td>24....</td><td>16,284</td><td>17,826</td><td>-1,542</td></tr><tr><td>Mar. 2....</td><td>20,043</td><td>29,772</td><td>-9,729</td><td>29....</td><td>29,386</td><td>23,209</td><td>6,177</td><td>May 1....</td><td>10,635</td><td>10,496</td><td>139</td></tr><tr><td>9....</td><td>12,462</td><td>11,806</td><td>656</td><td>Apr. 5....</td><td>36,475</td><td>25,365</td><td>11,110</td><td>8....</td><td>10,392</td><td>11,665</td><td>-1,273</td></tr><tr><td>16....</td><td>12,986</td><td>15,846</td><td>-2,860</td><td>12....</td><td>19,977</td><td>17,962</td><td>2,015</td><td>15....</td><td>16,102</td><td>15,075</td><td>1,027</td></tr><tr><td>23....</td><td>18,619</td><td>17,759</td><td>860</td><td>19....</td><td>21,239</td><td>20,677</td><td>562</td><td>22....</td><td>19,019</td><td>22,819</td><td>-3,800</td></tr><tr><td>30....</td><td>19,355</td><td>17,704</td><td>1,651</td><td>26....</td><td>19,851</td><td>18,524</td><td>1,327</td><td>29....</td><td>17,043</td><td>24,823</td><td>-7,780</td></tr><tr><td>Apr. 6....</td><td>18,967</td><td>19,058</td><td>-91</td><td>May 3....</td><td>19,699</td><td>10,723</td><td>8,976</td><td>June 5....</td><td>18,498</td><td>5,928</td><td>12,570</td></tr><tr><td>13....</td><td>14,702</td><td>12,630</td><td>2,072</td><td>10....</td><td>13,402</td><td>15,120</td><td>-1,718</td><td>12....</td><td>9,678</td><td>6,598</td><td>3,080</td></tr><tr><td>20....</td><td>19,312</td><td>12,406</td><td>6,906</td><td>17....</td><td>13,630</td><td>12,008</td><td>1,622</td><td>19....</td><td>9,996</td><td>12,611</td><td>-2,615</td></tr><tr><td>27....</td><td>14,912</td><td>13,401</td><td>1,511</td><td>24....</td><td>11,579</td><td>14,041</td><td>-2,462</td><td>26....</td><td>5,034</td><td>17,189</td><td>-12,155</td></tr><tr><td>May 4....</td><td>9,765</td><td>11,085</td><td>-1,320</td><td>31....</td><td>15,115</td><td>15,265</td><td>-150</td><td>July 3....</td><td>4,228</td><td>14,682</td><td>-10,454</td></tr><tr><td>11....</td><td>11,852</td><td>14,356</td><td>-2,504</td><td>June 7....</td><td>14,902</td><td>13,522</td><td>1,380</td><td>10....</td><td>2,434</td><td>10,607</td><td>-8,173</td></tr><tr><td>18....</td><td>12,105</td><td>12,553</td><td>-448</td><td>14....</td><td>13,136</td><td>15,430</td><td>-2,294</td><td>17....</td><td>2,135</td><td>12,921</td><td>-10,786</td></tr><tr><td>25....</td><td>8,816</td><td>9,291</td><td>-475</td><td>21....</td><td>13,162</td><td>15,837</td><td>-2,675</td><td>24....</td><td>7,908</td><td>6,892</td><td>1,016</td></tr><tr><td>June 1....</td><td>10,405</td><td>9,983</td><td>422</td><td>28....</td><td>11,127</td><td>16,353</td><td>-5,226</td><td>31....</td><td>3,826</td><td>7,391</td><td>-3,565</td></tr><tr><td>8....</td><td>11,682</td><td>12,383</td><td>-701</td><td>July 5....</td><td>17,512</td><td>13,128</td><td>4,384</td><td>Ang. 7....</td><td>6,171</td><td>6,131</td><td>40</td></tr><tr><td>15....</td><td>9,021</td><td>11,977</td><td>-2,956</td><td>12....</td><td>7,832</td><td>12,749</td><td>-4,917</td><td>14....</td><td>3,002</td><td>17,682</td><td>-14,680</td></tr><tr><td>22....</td><td>11,375</td><td>9,257</td><td>2,118</td><td>19....</td><td>16,348</td><td>24,653</td><td>-8,305</td><td>21....</td><td>2,294</td><td>4,844</td><td>-2,550</td></tr><tr><td>29....</td><td>38,260</td><td>37,841</td><td>419</td><td>26....</td><td>28,125</td><td>28,866</td><td>-741</td><td>28....</td><td>2,244</td><td>6,914</td><td>-4,670</td></tr><tr><td>July 6....</td><td>38,619</td><td>32,628</td><td>5,991</td><td>Aug. 2....</td><td>20,542</td><td>18,308</td><td>2,234</td><td>Sept. 4....</td><td>4,376</td><td>5,336</td><td>-960</td></tr><tr><td>13....</td><td>38,121</td><td>38,613</td><td>-492</td><td>9....</td><td>15,561</td><td>21,304</td><td>-5,743</td><td>11....</td><td>11,425</td><td>9,138</td><td>2,287</td></tr><tr><td>20....</td><td>32,653</td><td>35,895</td><td>-3,242</td><td>16....</td><td>12,867</td><td>24,466</td><td>-11,599</td><td>18....</td><td>11,601</td><td>6,218</td><td>5,383</td></tr><tr><td>27....</td><td>36,049</td><td>43,931</td><td>-7,882</td><td>23....</td><td>15,766</td><td>15,513</td><td>253</td><td>25....</td><td>18,590</td><td>21,963</td><td>-3,373</td></tr><tr><td>Aug. 3....</td><td>20,541</td><td>27,220</td><td>-6,679</td><td>30....</td><td>20,453</td><td>19,904</td><td>549</td><td>Oct. 2....</td><td>6,145</td><td>13,198</td><td>-7,053</td></tr><tr><td>10....</td><td>18,739</td><td>24,969</td><td>-6,230</td><td>Sept. 6....</td><td>19,989</td><td>14,312</td><td>5,677</td><td>9....</td><td>6,873</td><td>10,898</td><td>-4,025</td></tr><tr><td>17....</td><td>18,802</td><td>23,812</td><td>-5,010</td><td>13....</td><td>52,564</td><td>42,611</td><td>9,953</td><td>16....</td><td>7,799</td><td>13,860</td><td>-6,061</td></tr><tr><td>24....</td><td>11,570</td><td>14,965</td><td>-3,395</td><td>20....</td><td>33,127</td><td>40,019</td><td>-6,892</td><td>23....</td><td>6,437</td><td>15,114</td><td>-8,677</td></tr><tr><td>31....</td><td>20,801</td><td>23,853</td><td>-3,052</td><td>27....</td><td>19,024</td><td>28,016</td><td>-8,992</td><td>30....</td><td>8,300</td><td>13,304</td><td>-5,004</td></tr><tr><td>Sept. 7....</td><td>12,060</td><td>13,819</td><td>-1,759</td><td>Oct. 4....</td><td>16,932</td><td>29,373</td><td>-12,441</td><td>Nov. 6....</td><td>11,258</td><td>13,671</td><td>-2,413</td></tr><tr><td>14....</td><td>15,463</td><td>18,411</td><td>-2,948</td><td>11....</td><td>19,364</td><td>22,395</td><td>-3,031</td><td>13....</td><td>14,583</td><td>14,921</td><td>-338</td></tr><tr><td>21....</td><td>34,063</td><td>25,408</td><td>8,655</td><td>18....</td><td>17,162</td><td>18,811</td><td>-1,649</td><td>20....</td><td>8,466</td><td>13,604</td><td>-5,198</td></tr><tr><td>28....</td><td>20,902</td><td>24,745</td><td>-3,843</td><td>25....</td><td>17,784</td><td>29,487</td><td>-11,703</td><td>27....</td><td>5,116</td><td>14,143</td><td>-9,027</td></tr><tr><td>Oct. 5....</td><td>43,286</td><td>26,139</td><td>17,147</td><td>Nov. 1....</td><td>20,228</td><td>25,120</td><td>-4,892</td><td>Dec. 4....</td><td>4,752</td><td>9,770</td><td>-5,018</td></tr><tr><td>12....</td><td>48,449</td><td>29,888</td><td>18,561</td><td>8....</td><td>14,648</td><td>20,862</td><td>-6,214</td><td>11....</td><td>5,870</td><td>6,791</td><td>-921</td></tr><tr><td>19....</td><td>46,441</td><td>37,402</td><td>9,039</td><td>15....</td><td>17,404</td><td>23,674</td><td>-6,210</td><td>18....</td><td>11,556</td><td>12,803</td><td>-1,247</td></tr><tr><td>26....</td><td>45,644</td><td>33,412</td><td>12,232</td><td>22....</td><td>15,175</td><td>15,666</td><td>-491</td><td>25....</td><td>5,163</td><td>8,394</td><td>-3,231</td></tr><tr><td>Nov. 2....</td><td>41,470</td><td>33,198</td><td>8,272</td><td>29....</td><td>14,267</td><td>13,367</td><td>900</td><td>1941-Jan. 1....</td><td>5,771</td><td>6,172</td><td>-401</td></tr><tr><td>9....</td><td>26,885</td><td>25,402</td><td>1,483</td><td>Dec. 6....</td><td>10,824</td><td>15,064</td><td>-4,240</td><td>8....</td><td>3,987</td><td>11,181</td><td>-7,194</td></tr><tr><td>16....</td><td>43,426</td><td>38,193</td><td>5,233</td><td>13....</td><td>16,774</td><td>16,437</td><td>337</td><td>15....</td><td>5,376</td><td>11,326</td><td>-5,950</td></tr><tr><td>23....</td><td>33,318</td><td>31,704</td><td>1,614</td><td>20....</td><td>13,662</td><td>13,382</td><td>280</td><td>22....</td><td>5,076</td><td>10,715</td><td>-5,639</td></tr><tr><td>30....</td><td>30,735</td><td>28,197</td><td>2,538</td><td>27....</td><td>10,528</td><td>8,782</td><td>1,746</td><td>29....</td><td>9,670</td><td>13,986</td><td>-4,316</td></tr><tr><td>Dec. 7....</td><td>29,389</td><td>23,352</td><td>6,037</td><td>1940-Jan. 3....</td><td>11,269</td><td>7,169</td><td>4,100</td><td>Feb. 5....</td><td>8,148</td><td>12,174</td><td>-4,026</td></tr><tr><td>14....</td><td>20,646</td><td>28,398</td><td>-7,752</td><td>10....</td><td>11,158</td><td>11,498</td><td>-340</td><td>12....</td><td>4,674</td><td>6,842</td><td>-2,168</td></tr><tr><td>21....</td><td>37,587</td><td>26,963</td><td>10,624</td><td>17....</td><td>15,309</td><td>21,266</td><td>-5,957</td><td>19....</td><td>5,652</td><td>8,052</td><td>-2,401</td></tr><tr><td>28....</td><td>22,343</td><td>13,624</td><td>8,719</td><td>24....</td><td>9,969</td><td>13,686</td><td>-3,717</td><td>26....</td><td>7,915</td><td>10,579</td><td>-2,664</td></tr><tr><td>1939-Jan. 4....</td><td>25,529</td><td>24,960</td><td>569</td><td>31....</td><td>9,192</td><td>10,056</td><td>-864</td><td></td><td></td><td></td><td></td></tr><tr><td>11....</td><td>30,039</td><td>28,178</td><td>1,861</td><td>Feb. 7....</td><td>9,307</td><td>10,094</td><td>-787</td><td></td><td></td><td></td><td></td></tr><tr><td>18....</td><td>21,367</td><td>29,874</td><td>-8,507</td><td>14....</td><td>11,506</td><td>11,024</td><td>482</td><td></td><td></td><td></td><td></td></tr><tr><td>25....</td><td>20,784</td><td>37,180</td><td>-16,396</td><td>21....</td><td>13,462</td><td>12,194</td><td>1,268</td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td>28....</td><td>14,835</td><td>13,520</td><td>1,315</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
53
54
Purchases and Sales of Foreign Exchange, Spot and Forward, as Reported by Banks and Bankers in the United States for February 1941
(in thousands of dollars)
<table><tr><th>Transaction 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:</td><td></td><td></td><td></td><td></td><td></td><td></td><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>Feb. 5 Spot......</td><td>14,375</td><td>4,290</td><td>145</td><td>13</td><td>150</td><td>449</td><td>33</td><td>251</td><td>2,245</td><td>574</td><td>8,150</td><td>1,330</td><td>1,279</td><td>2,155</td><td>659</td><td>2,814</td><td>802</td></tr><tr><td>Feb. 5 Forward....</td><td>2,411</td><td>1,654</td><td>3</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</td><td>105</td><td>1</td><td>1,765</td><td>86</td><td>-</td><td>222</td><td>338</td><td>560</td><td>-</td></tr><tr><td>Feb. 12 Spot......</td><td>12,692</td><td>3,883</td><td>87</td><td>136</td><td>172</td><td>289</td><td>1</td><td>71</td><td>2,047</td><td>97</td><td>7,383</td><td>1,783</td><td>408</td><td>1,658</td><td>865</td><td>2,523</td><td>595</td></tr><tr><td>Feb. 12 Forward....</td><td>1,339</td><td>942</td><td>-</td><td>-</td><td>12</td><td>5</td><td>-</td><td>2</td><td>-</td><td>-</td><td>961</td><td>60</td><td>-</td><td>133</td><td>185</td><td>318</td><td>-</td></tr><tr><td>Feb. 19 Spot......</td><td>14,935</td><td>4,835</td><td>128</td><td>-</td><td>147</td><td>516</td><td>3</td><td>219</td><td>1,613</td><td>246</td><td>7,707</td><td>1,416</td><td>718</td><td>3,506</td><td>919</td><td>4,425</td><td>669</td></tr><tr><td>Feb. 19 Forward....</td><td>3,621</td><td>1,936</td><td>-</td><td>-</td><td>-</td><td>15</td><td>-</td><td>-</td><td>6</td><td>-</td><td>1,957</td><td>946</td><td>-</td><td>493</td><td>225</td><td>718</td><td>-</td></tr><tr><td>Feb. 26 Spot......</td><td>14,475</td><td>4,991</td><td>81</td><td>4</td><td>96</td><td>460</td><td>58</td><td>118</td><td>2,148</td><td>135</td><td>8,091</td><td>1,709</td><td>999</td><td>1,266</td><td>1,756</td><td>3,022</td><td>654</td></tr><tr><td>Feb. 26 Forward....</td><td>2,719</td><td>1,191</td><td>-</td><td>-</td><td>11</td><td>5</td><td>-</td><td>-</td><td>41</td><td>-</td><td>1,248</td><td>415</td><td>214</td><td>791</td><td>50</td><td>841</td><td>-</td></tr><tr><td>Purchases from 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><td></td><td></td><td></td></tr><tr><td>Feb. 5 Spot......</td><td>10,454</td><td>2,573</td><td>80</td><td>-</td><td>107</td><td>346</td><td>31</td><td>210</td><td>2,063</td><td>545</td><td>5,955</td><td>828</td><td>1,176</td><td>1,911</td><td>520</td><td>2,431</td><td>64</td></tr><tr><td>Feb. 5 Forward....</td><td>1,904</td><td>1,360</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>2</td><td>12</td><td>1</td><td>1,375</td><td>86</td><td>-</td><td>105</td><td>338</td><td>443</td><td>-</td></tr><tr><td>Feb. 12 Spot......</td><td>9,606</td><td>2,536</td><td>33</td><td>125</td><td>145</td><td>193</td><td>-</td><td>53</td><td>2,555</td><td>84</td><td>5,724</td><td>1,077</td><td>307</td><td>1,512</td><td>848</td><td>2,360</td><td>138</td></tr><tr><td>Feb. 12 Forward....</td><td>680</td><td>418</td><td>-</td><td>-</td><td>12</td><td>5</td><td>-</td><td>2</td><td>-</td><td>-</td><td>437</td><td>52</td><td>-</td><td>6</td><td>185</td><td>191</td><td>-</td></tr><tr><td>Feb. 19 Spot......</td><td>11,373</td><td>3,339</td><td>106</td><td>-</td><td>127</td><td>336</td><td>-</td><td>169</td><td>1,500</td><td>216</td><td>5,793</td><td>847</td><td>594</td><td>3,136</td><td>900</td><td>4,036</td><td>103</td></tr><tr><td>Feb. 19 Forward....</td><td>1,702</td><td>149</td><td>-</td><td>-</td><td>-</td><td>15</td><td>-</td><td>-</td><td>6</td><td>-</td><td>170</td><td>944</td><td>-</td><td>363</td><td>225</td><td>588</td><td>-</td></tr><tr><td>Feb. 26 Spot......</td><td>11,011</td><td>3,394</td><td>30</td><td>4</td><td>72</td><td>398</td><td>51</td><td>97</td><td>2,133</td><td>124</td><td>6,303</td><td>1,103</td><td>738</td><td>1,061</td><td>1,739</td><td>2,800</td><td>67</td></tr><tr><td>Feb. 26 Forward....</td><td>1,605</td><td>441</td><td>-</td><td>-</td><td>11</td><td>5</td><td>-</td><td>-</td><td>41</td><td>-</td><td>498</td><td>416</td><td>-</td><td>641</td><td>50</td><td>691</td><td>-</td></tr><tr><td>Purchases from customers other than 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><td></td><td></td><td></td></tr><tr><td>Feb. 5 Spot......</td><td>3,921</td><td>1,717</td><td>65</td><td>13</td><td>43</td><td>103</td><td>2</td><td>41</td><td>182</td><td>29</td><td>2,195</td><td>502</td><td>103</td><td>244</td><td>139</td><td>383</td><td>738</td></tr><tr><td>Feb. 5 Forward....</td><td>507</td><td>294</td><td>3</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>93</td><td>-</td><td>390</td><td>-</td><td>-</td><td>117</td><td>-</td><td>117</td><td>-</td></tr><tr><td>Feb. 12 Spot......</td><td>3,086</td><td>1,347</td><td>54</td><td>11</td><td>27</td><td>96</td><td>1</td><td>18</td><td>92</td><td>13</td><td>1,659</td><td>706</td><td>101</td><td>146</td><td>17</td><td>163</td><td>457</td></tr><tr><td>Feb. 12 Forward....</td><td>659</td><td>524</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>524</td><td>8</td><td>-</td><td>127</td><td>-</td><td>127</td><td>-</td></tr><tr><td>Feb. 19 Spot......</td><td>3,562</td><td>1,496</td><td>22</td><td>-</td><td>20</td><td>180</td><td>3</td><td>50</td><td>113</td><td>30</td><td>1,914</td><td>569</td><td>124</td><td>370</td><td>19</td><td>389</td><td>566</td></tr><tr><td>Feb. 19 Forward....</td><td>1,919</td><td>1,787</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,787</td><td>2</td><td>-</td><td>130</td><td>-</td><td>130</td><td>-</td></tr><tr><td>Feb. 26 Spot......</td><td>3,464</td><td>1,597</td><td>51</td><td>-</td><td>24</td><td>62</td><td>7</td><td>21</td><td>15</td><td>11</td><td>1,788</td><td>606</td><td>261</td><td>205</td><td>17</td><td>222</td><td>587</td></tr><tr><td>Feb. 26 Forward....</td><td>1,114</td><td>750</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>750</td><td>-</td><td>214</td><td>150</td><td>-</td><td>150</td><td>-</td></tr><tr><td>TOTAL SALES:</td><td></td><td></td><td></td><td></td><td></td><td></td><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>Feb. 5 Spot......</td><td>14,149</td><td>4,906</td><td>208</td><td>1</td><td>133</td><td>450</td><td>34</td><td>219</td><td>2,369</td><td>545</td><td>8,855</td><td>1,434</td><td>1,176</td><td>1,190</td><td>950</td><td>2,140</td><td>534</td></tr><tr><td>Feb. 5 Forward....</td><td>2,427</td><td>1,950</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>93</td><td>-</td><td>2,044</td><td>154</td><td>-</td><td>221</td><td>8</td><td>229</td><td>-</td></tr><tr><td>Feb. 12 Spot......</td><td>12,221</td><td>4,090</td><td>144</td><td>12</td><td>179</td><td>254</td><td>28</td><td>119</td><td>2,694</td><td>84</td><td>7,604</td><td>1,858</td><td>372</td><td>1,131</td><td>1,035</td><td>2,166</td><td>221</td></tr><tr><td>Feb. 12 Forward....</td><td>1,389</td><td>605</td><td>-</td><td>-</td><td>11</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>616</td><td>93</td><td>8</td><td>598</td><td>74</td><td>672</td><td>-</td></tr><tr><td>Feb. 19 Spot......</td><td>13,875</td><td>5,097</td><td>240</td><td>1</td><td>153</td><td>618</td><td>1</td><td>240</td><td>1,565</td><td>258</td><td>8,173</td><td>1,476</td><td>758</td><td>1,725</td><td>989</td><td>2,714</td><td>754</td></tr><tr><td>Feb. 19 Forward....</td><td>4,874</td><td>1,848</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>4</td><td>-</td><td>1,852</td><td>993</td><td>-</td><td>1,956</td><td>73</td><td>2,029</td><td>-</td></tr><tr><td>Feb. 26 Spot......</td><td>15,013</td><td>5,694</td><td>71</td><td>7</td><td>88</td><td>422</td><td>9</td><td>90</td><td>2,038</td><td>129</td><td>8,548</td><td>1,689</td><td>1,070</td><td>1,350</td><td>1,931</td><td>3,281</td><td>425</td></tr><tr><td>Feb. 26 Forward....</td><td>1,898</td><td>859</td><td>-</td><td>-</td><td>11</td><td>-</td><td>-</td><td>14</td><td>-</td><td>-</td><td>884</td><td>513</td><td>236</td><td>264</td><td>1</td><td>265</td><td>-</td></tr><tr><td>Sales to 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><td></td><td></td><td></td></tr><tr><td>Feb. 5 Spot......</td><td>5,317</td><td>1,510</td><td>96</td><td>-</td><td>40</td><td>303</td><td>31</td><td>195</td><td>685</td><td>284</td><td>3,144</td><td>697</td><td>207</td><td>568</td><td>310</td><td>878</td><td>391</td></tr><tr><td>Feb. 5 Forward....</td><td>716</td><td>254</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>93</td><td>-</td><td>387</td><td>112</td><td>-</td><td>214</td><td>3</td><td>217</td><td>-</td></tr><tr><td>Feb. 12 Spot......</td><td>4,713</td><td>1,050</td><td>32</td><td>-</td><td>63</td><td>138</td><td>-</td><td>27</td><td>1,851</td><td>13</td><td>3,174</td><td>595</td><td>58</td><td>499</td><td>231</td><td>690</td><td>196</td></tr><tr><td>Feb. 12 Forward....</td><td>1,195</td><td>496</td><td>-</td><td>-</td><td>11</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>507</td><td>92</td><td>8</td><td>587</td><td>1</td><td>588</td><td>-</td></tr><tr><td>Feb. 19 Spot......</td><td>5,124</td><td>1,241</td><td>86</td><td>1</td><td>42</td><td>206</td><td>-</td><td>151</td><td>953</td><td>130</td><td>2,810</td><td>514</td><td>253</td><td>733</td><td>250</td><td>983</td><td>564</td></tr><tr><td>Feb. 19 Forward....</td><td>3,827</td><td>1,785</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>4</td><td>-</td><td>1,789</td><td>70</td><td>-</td><td>1,956</td><td>12</td><td>1,968</td><td>-</td></tr><tr><td>Feb. 26 Spot......</td><td>6,309</td><td>1,739</td><td>12</td><td>6</td><td>15</td><td>191</td><td>1</td><td>56</td><td>1,577</td><td>57</td><td>3,654</td><td>757</td><td>429</td><td>699</td><td>411</td><td>1,110</td><td>359</td></tr><tr><td>Feb. 26 Forward....</td><td>1,192</td><td>631</td><td>-</td><td>-</td><td>11</td><td>-</td><td>-</td><td>14</td><td>-</td><td>-</td><td>656</td><td>144</td><td>236</td><td>155</td><td>1</td><td>156</td><td>-</td></tr><tr><td>Sales to customers other than 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><td></td><td></td><td></td></tr><tr><td>Feb. 5 Spot......</td><td>8,832</td><td>3,396</td><td>112</td><td>1</td><td>93</td><td>147</td><td>3</td><td>24</td><td>1,684</td><td>261</td><td>5,721</td><td>737</td><td>969</td><td>622</td><td>640</td><td>1,262</td><td>143</td></tr><tr><td>Feb. 5 Forward....</td><td>1,711</td><td>1,656</td><td>1</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>1,657</td><td>42</td><td>-</td><td>7</td><td>5</td><td>12</td><td>-</td></tr><tr><td>Feb. 12 Spot......</td><td>7,508</td><td>3,040</td><td>112</td><td>12</td><td>116</td><td>116</td><td>28</td><td>92</td><td>843</td><td>71</td><td>4,430</td><td>1,263</td><td>314</td><td>672</td><td>804</td><td>1,476</td><td>25</td></tr><tr><td>Feb. 12 Forward....</td><td>194</td><td>109</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>109</td><td>1</td><td>-</td><td>11</td><td>73</td><td>84</td><td>-</td></tr><tr><td>Feb. 19 Spot......</td><td>8,751</td><td>3,856</td><td>154</td><td>-</td><td>111</td><td>412</td><td>1</td><td>89</td><td>612</td><td>128</td><td>5,363</td><td>962</td><td>505</td><td>992</td><td>739</td><td>1,731</td><td>190</td></tr><tr><td>Feb. 19 Forward....</td><td>1,047</td><td>63</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>63</td><td>923</td><td>-</td><td>-</td><td>61</td><td>61</td><td>-</td></tr><tr><td>Feb. 26 Spot......</td><td>8,704</td><td>3,955</td><td>59</td><td>1</td><td>73</td><td>231</td><td>8</td><td>34</td><td>461</td><td>72</td><td>4,894</td><td>932</td><td>641</td><td>651</td><td>1,520</td><td>2,171</td><td>66</td></tr><tr><td>Feb. 26 Forward....</td><td>706</td><td>228</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>228</td><td>369</td><td>-</td><td>109</td><td>-</td><td>109</td><td>-</td></tr></table>
55
Outstanding Forward Exchange Contracts as Reported by Banks and Bankers in the United States during February 1941
(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>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 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></tr><tr><td>Feb. 5</td><td>27,026</td><td>13,654</td><td>335</td><td>594</td><td>-</td><td>6</td><td>552</td><td>2</td><td>56</td><td>4</td><td>15,203</td><td>5,349</td><td>1,527</td><td>3,750</td><td>1,197</td><td>4,947</td><td>-</td></tr><tr><td>Feb. 12</td><td>25,819</td><td>12,633</td><td>335</td><td>594</td><td>12</td><td>6</td><td>526</td><td>2</td><td>11</td><td>3</td><td>14,122</td><td>5,379</td><td>1,524</td><td>3,393</td><td>1,401</td><td>4,794</td><td>-</td></tr><tr><td>Feb. 19</td><td>25,515</td><td>12,242</td><td>261</td><td>594</td><td>-</td><td>10</td><td>526</td><td>-</td><td>15</td><td>4</td><td>13,652</td><td>5,949</td><td>1,525</td><td>2,835</td><td>1,554</td><td>4,389</td><td>-</td></tr><tr><td>Feb. 26</td><td>24,999</td><td>12,288</td><td>260</td><td>594</td><td>11</td><td>6</td><td>522</td><td>-</td><td>43</td><td>3</td><td>13,727</td><td>5,886</td><td>1,528</td><td>3,032</td><td>826</td><td>3,858</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></tr><tr><td>Feb. 5</td><td>14,636</td><td>8,587</td><td>88</td><td>314</td><td>-</td><td>1</td><td>221</td><td>-</td><td>38</td><td>-</td><td>9,249</td><td>2,133</td><td>1,217</td><td>875</td><td>1,162</td><td>2,037</td><td>-</td></tr><tr><td>Feb. 12</td><td>13,571</td><td>7,302</td><td>88</td><td>314</td><td>11</td><td>1</td><td>221</td><td>-</td><td>7</td><td>-</td><td>7,944</td><td>2,141</td><td>1,217</td><td>893</td><td>1,376</td><td>2,269</td><td>-</td></tr><tr><td>Feb. 19</td><td>12,157</td><td>5,289</td><td>88</td><td>314</td><td>-</td><td>1</td><td>221</td><td>-</td><td>7</td><td>-</td><td>5,920</td><td>2,922</td><td>1,217</td><td>563</td><td>1,535</td><td>2,098</td><td>-</td></tr><tr><td>Feb. 26</td><td>11,562</td><td>5,073</td><td>88</td><td>314</td><td>11</td><td>1</td><td>221</td><td>-</td><td>7</td><td>-</td><td>5,715</td><td>2,930</td><td>1,217</td><td>893</td><td>807</td><td>1,700</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></tr><tr><td>Feb. 5</td><td>12,390</td><td>5,067</td><td>247</td><td>280</td><td>-</td><td>5</td><td>331</td><td>2</td><td>18</td><td>4</td><td>5,954</td><td>3,216</td><td>310</td><td>2,875</td><td>35</td><td>2,910</td><td>-</td></tr><tr><td>Feb. 12</td><td>12,248</td><td>5,331</td><td>247</td><td>280</td><td>1</td><td>5</td><td>305</td><td>2</td><td>4</td><td>3</td><td>6,178</td><td>3,238</td><td>307</td><td>2,500</td><td>25</td><td>2,525</td><td>-</td></tr><tr><td>Feb. 19</td><td>13,358</td><td>6,953</td><td>173</td><td>280</td><td>-</td><td>9</td><td>305</td><td>-</td><td>8</td><td>4</td><td>7,732</td><td>3,027</td><td>308</td><td>2,272</td><td>19</td><td>2,291</td><td>-</td></tr><tr><td>Feb. 26</td><td>13,437</td><td>7,215</td><td>172</td><td>280</td><td>-</td><td>5</td><td>301</td><td>-</td><td>36</td><td>3</td><td>8,012</td><td>2,956</td><td>311</td><td>2,139</td><td>19</td><td>2,158</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></tr><tr><td>Feb. 5</td><td>30,828</td><td>15,162</td><td>226</td><td>845</td><td>-</td><td>27</td><td>1,237</td><td>-</td><td>47</td><td>4</td><td>17,548</td><td>5,391</td><td>1,357</td><td>6,197</td><td>335</td><td>6,532</td><td>-</td></tr><tr><td>Feb. 12</td><td>28,771</td><td>13,458</td><td>225</td><td>845</td><td>11</td><td>27</td><td>1,237</td><td>-</td><td>14</td><td>3</td><td>15,820</td><td>5,326</td><td>1,355</td><td>5,835</td><td>435</td><td>6,270</td><td>-</td></tr><tr><td>Feb. 19</td><td>30,074</td><td>13,239</td><td>155</td><td>828</td><td>-</td><td>27</td><td>1,237</td><td>-</td><td>10</td><td>4</td><td>15,500</td><td>6,006</td><td>1,363</td><td>6,826</td><td>379</td><td>7,205</td><td>-</td></tr><tr><td>Feb. 26</td><td>28,287</td><td>12,564</td><td>153</td><td>830</td><td>11</td><td>27</td><td>1,237</td><td>14</td><td>6</td><td>3</td><td>14,845</td><td>5,992</td><td>1,333</td><td>5,738</td><td>367</td><td>6,105</td><td>12</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></tr><tr><td>Feb. 5</td><td>12,471</td><td>4,361</td><td>-</td><td>758</td><td>-</td><td>-</td><td>742</td><td>-</td><td>33</td><td>-</td><td>5,894</td><td>2,856</td><td>1,121</td><td>2,490</td><td>100</td><td>2,590</td><td>-</td></tr><tr><td>Feb. 12</td><td>12,873</td><td>4,796</td><td>-</td><td>758</td><td>-</td><td>-</td><td>742</td><td>-</td><td>-</td><td>-</td><td>6,296</td><td>2,866</td><td>1,118</td><td>2,492</td><td>101</td><td>2,593</td><td>-</td></tr><tr><td>Feb. 19</td><td>15,880</td><td>6,492</td><td>-</td><td>758</td><td>-</td><td>-</td><td>742</td><td>-</td><td>4</td><td>-</td><td>7,996</td><td>2,761</td><td>1,119</td><td>3,992</td><td>12</td><td>4,004</td><td>-</td></tr><tr><td>Feb. 26</td><td>14,804</td><td>6,659</td><td>-</td><td>758</td><td>-</td><td>-</td><td>742</td><td>14</td><td>-</td><td>-</td><td>8,173</td><td>2,535</td><td>1,104</td><td>2,992</td><td>-</td><td>2,992</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></tr><tr><td>Feb. 5</td><td>18,357</td><td>10,801</td><td>226</td><td>87</td><td>-</td><td>27</td><td>495</td><td>-</td><td>14</td><td>4</td><td>11,654</td><td>2,525</td><td>236</td><td>3,707</td><td>235</td><td>3,942</td><td>-</td></tr><tr><td>Feb. 12</td><td>15,898</td><td>8,662</td><td>225</td><td>87</td><td>11</td><td>27</td><td>495</td><td>-</td><td>14</td><td>3</td><td>9,524</td><td>2,460</td><td>237</td><td>3,343</td><td>334</td><td>3,677</td><td>-</td></tr><tr><td>Feb. 19</td><td>14,194</td><td>6,747</td><td>155</td><td>70</td><td>-</td><td>27</td><td>495</td><td>-</td><td>6</td><td>4</td><td>7,504</td><td>3,245</td><td>244</td><td>2,834</td><td>367</td><td>3,201</td><td>-</td></tr><tr><td>Feb. 26</td><td>13,483</td><td>5,905</td><td>153</td><td>72</td><td>11</td><td>27</td><td>495</td><td>-</td><td>6</td><td>3</td><td>6,672</td><td>3,457</td><td>229</td><td>2,746</td><td>367</td><td>3,113</td><td>12</td></tr></table>
Net Position in Foreign Currencies of Reporting Banks and Bankers in the United States for February 1941
[In thousands of dollars. Long position (+) or short position (-)]
<table><tr><th rowspan="2">Position as of following dates</th><th colspan="13">Currency of:</th></tr><tr><th>Grand total</th><th>United Kingdom</th><th>France</th><th>Belgium</th><th>Germany</th><th>Italy</th><th>Nether-lands</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>Feb. 5</td><td>-7,945</td><td>-189</td><td>-366</td><td>-917</td><td>-8</td><td>-231</td><td>-1,710</td><td>47</td><td>2</td><td>-288</td><td>-3,660</td><td>771</td><td>-64</td><td>-3,750</td><td>-1,237</td><td>-4,987</td><td>15</td></tr><tr><td>Feb. 12</td><td>-7,550</td><td>173</td><td>-427</td><td>-793</td><td>-15</td><td>-200</td><td>-1,732</td><td>1</td><td>-44</td><td>-270</td><td>-3,307</td><td>665</td><td>-64</td><td>-3,672</td><td>-1,269</td><td>-4,941</td><td>97</td></tr><tr><td>Feb. 19</td><td>-7,643</td><td>90</td><td>-540</td><td>-794</td><td>-20</td><td>-285</td><td>-1,728</td><td>-20</td><td>5</td><td>-283</td><td>-3,575</td><td>572</td><td>-102</td><td>-3,330</td><td>-1,223</td><td>-4,553</td><td>15</td></tr><tr><td>Feb. 26</td><td>-7,460</td><td>-34</td><td>-526</td><td>-797</td><td>-9</td><td>-242</td><td>-1,680</td><td>-7</td><td>152</td><td>-274</td><td>-3,417</td><td>497</td><td>-197</td><td>-2,988</td><td>-1,335</td><td>-4,323</td><td>-40</td></tr></table>
GOLD AND SILVER STATISTICS
- 56 -
57
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 colspan="4">Liabilities</th></tr><tr><th></th><th></th><th>Gold Certificates 1/</th><th>Gold Reserve against U. S. notes, etc. 2/</th><th>Stabilization Fund 3/</th><th>Gold in General Fund</th></tr><tr><td>1934</td><td>8,238.6</td><td>5,274.0</td><td>156.0</td><td>1,800.0</td><td>1,003.6</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>311.9</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>1940</td><td>21,994.5</td><td>19,825.4</td><td>156.0</td><td>1,800.0</td><td>213.2</td></tr><tr><td>1940-April</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>August</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>September</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>October</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><tr><td>November</td><td>21,800.4</td><td>19,651.6</td><td>156.0</td><td>1,800.0</td><td>192.8</td></tr><tr><td>December</td><td>21,994.5</td><td>19,825.4</td><td>156.0</td><td>1,800.0</td><td>213.2</td></tr><tr><td>1941-January</td><td>22,115.7</td><td>19,977.6</td><td>156.0</td><td>1,800.0</td><td>182.1</td></tr><tr><td>February</td><td>22,231.2</td><td>20,094.7</td><td>156.0</td><td>1,800.0</td><td>180.4</td></tr><tr><td>March</td><td>22,367.0</td><td>20,175.9</td><td>156.0</td><td>1,800.0</td><td>235.0</td></tr><tr><td>April</td><td>22,505.3</td><td>20,267.4</td><td>156.0</td><td>1,800.0</td><td>281.9</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 (a) the Gold Certificate Fund - Board of Governors, Federal Reserve System, and (b) 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 conto</th><th>United Kingdom</th><th>France</th><th>Nether-lande</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>165.0</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>1,826.4</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>1940</td><td>633.0</td><td>241.6</td><td>63.3</td><td>90.2</td><td>2,622.4</td><td>29.7</td><td>111.7</td><td>1.0</td></tr><tr><td>1940-April</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>251.2</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>August</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>September</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>October</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><tr><td>November</td><td>.9</td><td>-</td><td>-</td><td>-</td><td>262.7</td><td>.5</td><td>12.2</td><td>-</td></tr><tr><td>December</td><td>.1</td><td>-</td><td>-</td><td>-</td><td>80.4</td><td>.3</td><td>13.3</td><td>-</td></tr><tr><td>1941-January</td><td>-</td><td>-</td><td>-</td><td>.6</td><td>46.9</td><td>1.1</td><td>6.1</td><td>-</td></tr><tr><td>February</td><td>1.2</td><td>-</td><td>-</td><td>.3</td><td>81.5</td><td>.8</td><td>-</td><td>-</td></tr><tr><td>March</td><td>.8</td><td>-</td><td>-</td><td>-</td><td>95.6</td><td>.9</td><td>3.0</td><td>-</td></tr><tr><td>April</td><td>-</td><td>-</td><td>-</td><td>-</td><td>20.2</td><td>1.1</td><td>.3</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>1940</td><td>49.9</td><td>103.8</td><td>38.7</td><td>23.9</td><td>10.7</td><td>10.3</td><td>26.4</td><td>688.0</td><td>4,744.6</td></tr><tr><td>1940-April</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>August</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>September</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>October</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><tr><td>November</td><td>2.2</td><td>14.4</td><td>3.3</td><td>-</td><td>1.0</td><td>.6</td><td>.8</td><td>31.5</td><td>330.1</td></tr><tr><td>December</td><td>7.4</td><td>15.0</td><td>3.3</td><td>2.8</td><td>1.1</td><td>1.2</td><td>.1</td><td>12.2</td><td>137.2</td></tr><tr><td>1941-January</td><td>4.5</td><td>11.1</td><td>3.2</td><td>3.2</td><td>.5</td><td>1.2</td><td>.8</td><td>155.02/</td><td>234.2</td></tr><tr><td>February</td><td>-</td><td>6.7</td><td>2.8</td><td>-</td><td>1.1</td><td>.6</td><td>-</td><td>13.6</td><td>108.6</td></tr><tr><td>March</td><td>-</td><td>6.3</td><td>4.0</td><td>2.2</td><td>.3</td><td>.2</td><td>-</td><td>5.3</td><td>118.6</td></tr><tr><td>April</td><td>-</td><td>4.7</td><td>3.6</td><td>2.9</td><td>.7</td><td>1.3</td><td>2.1</td><td>135.13/</td><td>172.0</td></tr></table>
Source: U. S. Department of Commerce.
1/ Includes Hong Kong.
2/ From South Africa $149.7 millions.
3/ From South Africa $132.2 millions.
MONETARY STOCKS OF GOLD AND SILVER IN THE UNITED STATES
Gold per Ounce $35.00; Silver per Ounce $1.29
58
59
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>1934</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>10,606.4</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>12,953.0</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>1940-April</td><td>18,769.9</td><td>3,901.6</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>August</td><td>20,912.8</td><td>3,982.6</td><td>16.0</td></tr><tr><td>September</td><td>21,244.4</td><td>4,002.2</td><td>15.9</td></tr><tr><td>October</td><td>21,505.5</td><td>4,022.9</td><td>15.8</td></tr><tr><td>November</td><td>21,800.8</td><td>4,038.9</td><td>15.6</td></tr><tr><td>December</td><td>21,994.8</td><td>4,060.0</td><td>15.6</td></tr><tr><td>1941-January</td><td>22,116.5</td><td>4,078.6</td><td>15.6</td></tr><tr><td>February</td><td>22,231.9</td><td>4,092.5</td><td>15.5</td></tr><tr><td>March</td><td>22,367.3</td><td>4,107.6</td><td>15.5</td></tr><tr><td>April</td><td>22,505.3 p</td><td>4,114.2 p</td><td>15.5 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)
Silver of Specified Classifications Acquired by Mints and Assay Offices
<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>Silver dollars 1/</th><th>Sub-sidiary coin 2/</th></tr><tr><th></th><th>Silver bullion</th><th>Silver dollars</th><th>Sub-sidiary coin 2/</th><th>Bullion for recoinage 2/</th><th>Bullion at cost</th><th></th><th></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>347.1</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>3,346.8</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>1940</td><td>1,398.1</td><td>494.6</td><td>2.3</td><td>-</td><td>657.4</td><td>52.5</td><td>422.4</td><td>4,060.0</td></tr><tr><td>1940-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.</td><td>1,383.6</td><td>496.5</td><td>3.8</td><td>.1</td><td>654.2</td><td>50.6</td><td>410.9</td><td>4,022.9</td></tr><tr><td>Nov.</td><td>1,390.2</td><td>496.1</td><td>1.5</td><td>-</td><td>655.6</td><td>51.0</td><td>417.7</td><td>4,038.9</td></tr><tr><td>Dec.</td><td>1,398.1</td><td>494.6</td><td>2.3</td><td>-</td><td>657.4</td><td>52.5</td><td>422.4</td><td>4,060.0</td></tr><tr><td>1941-Jan.</td><td>1,405.7</td><td>494.6</td><td>5.3</td><td>-</td><td>659.9</td><td>52.5</td><td>422.1</td><td>4,078.6</td></tr><tr><td>Feb.</td><td>1,411.8</td><td>494.2</td><td>5.4</td><td>.3</td><td>662.5</td><td>52.8</td><td>422.3</td><td>4,092.5</td></tr><tr><td>Mar.</td><td>1,417.7</td><td>494.0</td><td>4.0</td><td>-</td><td>665.2</td><td>53.1</td><td>425.0</td><td>4,107.6</td></tr><tr><td>Apr.p.</td><td>1,423.8</td><td>493.7</td><td>5.0</td><td>.1</td><td>665.1</td><td>53.1</td><td>425.0</td><td>4,114.2</td></tr></table>
Source: Daily Treasury Statement and Circulation Statement of United States Money.
p Preliminary.
1 Valued at $1.29+ per ounce.
2 Valued at $1.38+ per ounce.
<table><tr><th colspan="7">(In millions of ounces or dollars)</th></tr><tr><th>Calendar year or month</th><th colspan="2">Newly mined domestic 1/</th><th colspan="2">National-ized 2/</th><th colspan="2">Foreign 1/</th><th colspan="2">Total</th></tr><tr><th></th><th>Oun-ces</th><th>Dol-lars</th><th>Oun-ces</th><th>Dol-lars</th><th>Oun-ces</th><th>Dol-lars</th><th>Oun-ces</th><th>Dol-lars</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>197.8</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>163.3</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>40.1</td><td>-</td><td>-</td><td>282.8</td><td>120.5</td><td>343.3</td><td>160.6</td></tr><tr><td>1940......</td><td>68.3</td><td>48.5</td><td>-</td><td>-</td><td>139.8</td><td>50.9</td><td>208.0</td><td>99.4</td></tr><tr><td>1940-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>3.6</td><td>-</td><td>-</td><td>6.3</td><td>2.2</td><td>10.9</td><td>5.8</td></tr><tr><td>July......</td><td>5.8</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>3.7</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><tr><td>Nov......</td><td>6.8</td><td>4.8</td><td>-</td><td>-</td><td>5.6</td><td>2.0</td><td>12.4</td><td>6.8</td></tr><tr><td>Dec......</td><td>7.2</td><td>5.1</td><td>-</td><td>-</td><td>9.0</td><td>3.2</td><td>16.2</td><td>8.3</td></tr><tr><td>1941-Jan.</td><td>6.5</td><td>4.6</td><td>-</td><td>-</td><td>7.9</td><td>2.8</td><td>14.4</td><td>7.4</td></tr><tr><td>Feb......</td><td>5.9</td><td>4.2</td><td>-</td><td>-</td><td>4.8</td><td>1.7</td><td>10.7</td><td>5.9</td></tr><tr><td>Mar......</td><td>5.7</td><td>4.1</td><td>-</td><td>-</td><td>6.0</td><td>2.1</td><td>11.7</td><td>6.2</td></tr><tr><td>Apr......</td><td>6.3</td><td>4.5</td><td>-</td><td>-</td><td>3.9</td><td>1.4</td><td>10.2</td><td>5.9</td></tr></table>
1/ Acquired at 64.04 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 64.04 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.
60
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 coins</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-mined silver (Proc. Dec. 21, 1933)</th><th>Newly-mined silver (Act July 6, 1939)</th><th>Silver Purchase Act of June 19, 1934</th><th>Nationalised 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>366.7</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>457.7</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>570.7</td><td>34.7</td><td>705.6</td><td>950.6</td></tr><tr><td>1940</td><td>122.2</td><td>48.7</td><td>87.6</td><td>25.7</td><td>562.7</td><td>34.7</td><td>759.4</td><td>1,055.8</td></tr><tr><td>1941-January</td><td>125.3</td><td>48.7</td><td>87.6</td><td>27.7</td><td>564.7</td><td>34.7</td><td>763.4</td><td>1,062.9</td></tr><tr><td>February</td><td>127.0</td><td>48.7</td><td>87.6</td><td>29.6</td><td>565.9</td><td>34.7</td><td>766.5</td><td>1,069.8</td></tr><tr><td>March</td><td>128.3</td><td>48.7</td><td>87.6</td><td>31.5</td><td>567.0</td><td>34.7</td><td>769.5</td><td>1,074.9</td></tr><tr><td>April</td><td>132.6</td><td>48.7</td><td>87.6</td><td>33.5</td><td>568.1</td><td>34.7</td><td>772.6</td><td>1,076.2</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 colspan="7">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>Total 2/</th><th>Europe</th><th>Oceania</th><th>Japan 3/</th><th>British India 4/</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>63,351</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>267,765</td><td>61,689</td><td>23,826</td><td>81,019</td><td>20,424</td><td>15,869</td><td>64,939</td><td>22,747</td><td>15,043</td><td>13,115</td><td>5,947</td><td>2,451</td><td>5,636</td></tr><tr><td>1939</td><td>265,262</td><td>63,872</td><td>24,538</td><td>75,871</td><td>18,802</td><td>17,497</td><td>64,683</td><td>21,224</td><td>15,417</td><td>14,015</td><td>5,943</td><td>2,670</td><td>5,414</td></tr><tr><td>1940 p</td><td>273,713</td><td>67,013</td><td>22,643</td><td>82,639</td><td>19,000</td><td>16,686</td><td>65,732</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1940-February</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>March</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>April</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>23,091</td><td>5,530</td><td>2,042</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>August</td><td>22,836</td><td>4,419</td><td>1,791</td><td>8,120</td><td>1,500</td><td>1,401</td><td>5,605</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>September</td><td>23,835 r</td><td>5,049</td><td>1,795</td><td>7,990</td><td>2,000</td><td>1,388</td><td>5,613 r</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>October</td><td>22,900 r</td><td>5,609</td><td>1,673</td><td>7,090</td><td>1,600</td><td>1,318 r</td><td>5,610</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>November</td><td>23,093 r</td><td>6,367</td><td>1,708</td><td>7,104</td><td>1,500 r</td><td>1,300 r</td><td>5,114 r</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>December</td><td>20,619</td><td>6,499</td><td>1,642</td><td>4,568</td><td>1,500 r</td><td>1,300</td><td>5,110</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>1941-January</td><td>5/</td><td>5,733</td><td>5/</td><td>8,750</td><td>1,550</td><td>5/</td><td>5/</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>February</td><td>5/</td><td>6,009</td><td>5/</td><td>5/</td><td>1,450</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 1939; releases of American Bureau of Metal Statistics for all later figures. Preliminary. Revised. 1/ Includes Newfoundland. 2/ Breakdown by countries not available after 1939. 3/ Includes Chusan and Taivan. 4/ Includes Burma. 5/ Not yet reported.
61
Net Movement of Silver to and from the United States
(In thousands of dollars)
<table><tr><th>Calendar year or month</th><th>United Kingdom</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>-29</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>134,204</td><td>15,396 1/</td><td>10,915</td><td>41,715</td><td>-4,342</td><td>696</td><td>7,381</td><td>2,658</td></tr><tr><td>1939</td><td>12,381</td><td>-696</td><td>7,078</td><td>31,597</td><td>-4,767</td><td>851</td><td>6,513</td><td>3,178</td></tr><tr><td>1940</td><td>343</td><td>-1,168</td><td>6,487</td><td>25,811</td><td>21</td><td>1,313</td><td>6,260</td><td>2,318</td></tr><tr><td>1940-April</td><td>209</td><td>-424</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>August</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>September</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>October</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><tr><td>November</td><td>-</td><td>2</td><td>268</td><td>2,257</td><td>3</td><td>44</td><td>458</td><td>129</td></tr><tr><td>December</td><td>-</td><td>-79</td><td>438</td><td>2,390</td><td>3</td><td>15</td><td>715</td><td>225</td></tr><tr><td>1941-January</td><td>-</td><td>-234</td><td>686</td><td>2,137</td><td>-</td><td>20</td><td>469</td><td>99</td></tr><tr><td>February</td><td>-363</td><td>-16</td><td>401</td><td>1,821</td><td>3</td><td>43</td><td>418</td><td>120</td></tr><tr><td>March</td><td>-</td><td>-161</td><td>394</td><td>2,564</td><td>3</td><td>109</td><td>262</td><td>138</td></tr><tr><td>April</td><td>-</td><td>-2</td><td>578</td><td>2,560</td><td>-</td><td>130</td><td>555</td><td>175</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 Asia</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>843</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>1940</td><td>314</td><td>1</td><td>396</td><td>10,308</td><td>1,154</td><td>1,202</td><td>54,760</td></tr><tr><td>1940-April</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>August</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>September</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>October</td><td>-35</td><td>-</td><td>-</td><td>872</td><td>70</td><td>87</td><td>4,770</td></tr><tr><td>November</td><td>-</td><td>-</td><td>-</td><td>1,279</td><td>76</td><td>138</td><td>4,653</td></tr><tr><td>December</td><td>-</td><td>-</td><td>-</td><td>644</td><td>67</td><td>149</td><td>4,567</td></tr><tr><td>1941-January</td><td>311</td><td>-</td><td>3</td><td>593</td><td>107</td><td>66</td><td>4,256</td></tr><tr><td>February</td><td>-102</td><td>-</td><td>-</td><td>263</td><td>-198</td><td>85</td><td>2,475</td></tr><tr><td>March</td><td>-</td><td>-</td><td>-</td><td>772</td><td>-723</td><td>83</td><td>3,441</td></tr><tr><td>April</td><td>-1,127</td><td>-</td><td>-</td><td>113</td><td>99</td><td>53</td><td>3,134</td></tr></table>
Source: U. S. Department of Commerce. 1/ Includes net import of $12,950,000 from France. 2/ Includes net import of $9,791,000 from Sian.
OTHER TREASURY STATISTICS
- 62 -
63
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="10">Number of vessels</th><th colspan="3">1941</th></tr><tr><th>1939</th><th>1940</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>Jan.</th><th>Feb.</th><th>Mar.</th></tr><tr><td>Grand total</td><td>34,192</td><td>33,422</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>3,160</td><td>3,079</td><td>2,571</td><td>1,875</td><td>1,625</td><td>1,801</td><td>2,031</td></tr><tr><td>Cleared to Canadian Great Lakes ports</td><td>7,953</td><td>8,854</td><td>25</td><td>308</td><td>998</td><td>1,233</td><td>1,596</td><td>1,705</td><td>1,038</td><td>997</td><td>748</td><td>158</td><td>50</td><td>64</td><td>83</td></tr><tr><td>Cleared to coastal and overseas ports</td><td>26,229</td><td>24,568</td><td>2,012</td><td>1,827</td><td>2,057</td><td>2,207</td><td>2,489</td><td>2,501</td><td>2,122</td><td>2,082</td><td>1,823</td><td>1,717</td><td>1,775</td><td>1,737</td><td>1,948</td></tr><tr><td>American vessels</td><td>7,822</td><td>7,577</td><td>559</td><td>544</td><td>756</td><td>751</td><td>856</td><td>841</td><td>644</td><td>607</td><td>492</td><td>486</td><td>468</td><td>489</td><td>552</td></tr><tr><td>Foreign vessels</td><td>18,407</td><td>16,991</td><td>1,453</td><td>1,283</td><td>1,301</td><td>1,456</td><td>1,633</td><td>1,660</td><td>1,478</td><td>1,475</td><td>1,331</td><td>1,231</td><td>1,307</td><td>1,248</td><td>1,396</td></tr><tr><td>Belgian</td><td>102</td><td>117</td><td>17</td><td>16</td><td>12</td><td>13</td><td>10</td><td>9</td><td>6</td><td>15</td><td>4</td><td>3</td><td>5</td><td>4</td><td>5</td></tr><tr><td>British</td><td>9,954</td><td>9,482</td><td>711</td><td>667</td><td>669</td><td>845</td><td>1,022</td><td>1,061</td><td>902</td><td>889</td><td>758</td><td>664</td><td>724</td><td>706</td><td>783</td></tr><tr><td>Danish</td><td>604</td><td>150</td><td>40</td><td>8</td><td>1</td><td>3</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td><td>2</td><td>1</td><td>1</td></tr><tr><td>Dutch</td><td>653</td><td>537</td><td>57</td><td>51</td><td>45</td><td>30</td><td>44</td><td>41</td><td>40</td><td>50</td><td>40</td><td>36</td><td>52</td><td>35</td><td>42</td></tr><tr><td>Finnish</td><td>85</td><td>180</td><td>12</td><td>11</td><td>10</td><td>12</td><td>14</td><td>19</td><td>13</td><td>18</td><td>25</td><td>18</td><td>22</td><td>30</td><td>23</td></tr><tr><td>French</td><td>285</td><td>137</td><td>19</td><td>20</td><td>19</td><td>21</td><td>2</td><td>1</td><td>2</td><td>8</td><td>1</td><td>5</td><td>4</td><td>8</td><td>10</td></tr><tr><td>German</td><td>334</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td></tr><tr><td>Greek</td><td>247</td><td>323</td><td>23</td><td>21</td><td>19</td><td>19</td><td>27</td><td>33</td><td>42</td><td>27</td><td>25</td><td>25</td><td>22</td><td>21</td><td>15</td></tr><tr><td>Honduran</td><td>699</td><td>860</td><td>69</td><td>74</td><td>87</td><td>80</td><td>78</td><td>75</td><td>69</td><td>80</td><td>72</td><td>66</td><td>71</td><td>68</td><td>81</td></tr><tr><td>Italian</td><td>278</td><td>161</td><td>27</td><td>28</td><td>37</td><td>12</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td><td>1</td></tr><tr><td>Japanese</td><td>793</td><td>762</td><td>53</td><td>58</td><td>66</td><td>83</td><td>63</td><td>62</td><td>57</td><td>66</td><td>76</td><td>55</td><td>54</td><td>54</td><td>55</td></tr><tr><td>Nicaraguan</td><td>149</td><td>95</td><td>4</td><td>8</td><td>10</td><td>9</td><td>10</td><td>9</td><td>9</td><td>7</td><td>7</td><td>9</td><td>10</td><td>8</td><td>8</td></tr><tr><td>Norwegian</td><td>2,744</td><td>2,225</td><td>262</td><td>192</td><td>175</td><td>180</td><td>188</td><td>176</td><td>159</td><td>138</td><td>137</td><td>155</td><td>155</td><td>152</td><td>173</td></tr><tr><td>Panamanian</td><td>580</td><td>746</td><td>57</td><td>52</td><td>61</td><td>55</td><td>67</td><td>56</td><td>71</td><td>67</td><td>79</td><td>79</td><td>69</td><td>67</td><td>70</td></tr><tr><td>Swedish</td><td>467</td><td>364</td><td>32</td><td>19</td><td>24</td><td>20</td><td>31</td><td>33</td><td>39</td><td>38</td><td>24</td><td>37</td><td>28</td><td>25</td><td>33</td></tr><tr><td>Other flags</td><td>433</td><td>852</td><td>70</td><td>58</td><td>66</td><td>74</td><td>75</td><td>85</td><td>69</td><td>72</td><td>83</td><td>78</td><td>89</td><td>71</td><td>98</td></tr></table>
Not registered tonnage (in thousands of tons)
<table><tr><th></th><th colspan="2">Calendar year</th><th colspan="9">1940</th><th colspan="3">1941</th></tr><tr><th></th><th>1939</th><th>1940</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>Jan.</th><th>Feb.</th><th>Mar.</th></tr><tr><td>Grand total</td><td>70,306</td><td>62,185</td><td>4,637</td><td>4,759</td><td>5,845</td><td>5,915</td><td>6,340</td><td>6,331</td><td>5,405</td><td>5,432</td><td>5,040</td><td>3,840</td><td>3,839</td><td>3,636</td><td>3,981</td></tr><tr><td>Cleared to Canadian Great Lakes ports</td><td>12,030</td><td>13,769</td><td>81</td><td>667</td><td>1,674</td><td>2,008</td><td>2,125</td><td>2,098</td><td>1,662</td><td>1,605</td><td>1,438</td><td>259</td><td>139</td><td>212</td><td>274</td></tr><tr><td>Cleared to coastal and overseas ports</td><td>58,276</td><td>48,416</td><td>4,556</td><td>4,092</td><td>4,171</td><td>3,907</td><td>4,215</td><td>4,233</td><td>3,743</td><td>3,827</td><td>3,602</td><td>3,581</td><td>3,700</td><td>3,424</td><td>3,707</td></tr><tr><td>American vessels</td><td>14,869</td><td>16,604</td><td>1,407</td><td>1,424</td><td>1,504</td><td>1,451</td><td>1,548</td><td>1,531</td><td>1,303</td><td>1,399</td><td>1,204</td><td>1,244</td><td>1,186</td><td>1,317</td><td>1,439</td></tr><tr><td>Foreign vessels</td><td>43,407</td><td>31,812</td><td>3,149</td><td>2,668</td><td>2,667</td><td>2,426</td><td>2,667</td><td>2,702</td><td>2,440</td><td>2,428</td><td>2,398</td><td>2,337</td><td>2,514</td><td>2,107</td><td>2,268</td></tr><tr><td>Belgian</td><td>371</td><td>438</td><td>68</td><td>61</td><td>44</td><td>54</td><td>39</td><td>30</td><td>24</td><td>52</td><td>15</td><td>7</td><td>18</td><td>16</td><td>23</td></tr><tr><td>British</td><td>14,904</td><td>10,390</td><td>934</td><td>829</td><td>767</td><td>837</td><td>1,022</td><td>1,121</td><td>870</td><td>790</td><td>792</td><td>743</td><td>896</td><td>661</td><td>662</td></tr><tr><td>Danish</td><td>1,480</td><td>346</td><td>94</td><td>27</td><td>4</td><td>9</td><td>3</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>12</td><td>-</td><td>-</td></tr><tr><td>Dutch</td><td>2,968</td><td>2,000</td><td>243</td><td>221</td><td>175</td><td>98</td><td>129</td><td>126</td><td>140</td><td>152</td><td>107</td><td>93</td><td>160</td><td>88</td><td>121</td></tr><tr><td>Finnish</td><td>137</td><td>273</td><td>22</td><td>17</td><td>17</td><td>14</td><td>21</td><td>28</td><td>15</td><td>28</td><td>38</td><td>26</td><td>31</td><td>42</td><td>31</td></tr><tr><td>French</td><td>1,922</td><td>503</td><td>74</td><td>82</td><td>90</td><td>81</td><td>8</td><td>2</td><td>2</td><td>24</td><td>1</td><td>10</td><td>8</td><td>17</td><td>27</td></tr><tr><td>German</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><td>-</td></tr><tr><td>Greek</td><td>833</td><td>988</td><td>69</td><td>74</td><td>60</td><td>67</td><td>85</td><td>99</td><td>124</td><td>75</td><td>67</td><td>71</td><td>57</td><td>54</td><td>36</td></tr><tr><td>Honduran</td><td>914</td><td>1,176</td><td>90</td><td>99</td><td>114</td><td>107</td><td>100</td><td>102</td><td>100</td><td>111</td><td>97</td><td>95</td><td>107</td><td>98</td><td>111</td></tr><tr><td>Italian</td><td>1,982</td><td>885</td><td>175</td><td>171</td><td>185</td><td>39</td><td>3</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Japanese</td><td>3,839</td><td>3,784</td><td>246</td><td>268</td><td>335</td><td>341</td><td>337</td><td>330</td><td>302</td><td>335</td><td>385</td><td>277</td><td>259</td><td>268</td><td>266</td></tr><tr><td>Hicaraguan</td><td>65</td><td>39</td><td>1</td><td>3</td><td>4</td><td>3</td><td>4</td><td>3</td><td>3</td><td>3</td><td>3</td><td>3</td><td>3</td><td>3</td><td>3</td></tr><tr><td>Norwegian</td><td>7,417</td><td>5,505</td><td>669</td><td>455</td><td>433</td><td>389</td><td>426</td><td>407</td><td>373</td><td>351</td><td>373</td><td>421</td><td>399</td><td>417</td><td>417</td></tr><tr><td>Panamanian</td><td>2,097</td><td>2,653</td><td>222</td><td>171</td><td>220</td><td>173</td><td>228</td><td>201</td><td>236</td><td>246</td><td>288</td><td>297</td><td>285</td><td>228</td><td>268</td></tr><tr><td>Swedish</td><td>1,454</td><td>1,050</td><td>100</td><td>51</td><td>87</td><td>58</td><td>103</td><td>82</td><td>123</td><td>105</td><td>52</td><td>109</td><td>90</td><td>76</td><td>107</td></tr><tr><td>Other flags</td><td>583</td><td>1,782</td><td>142</td><td>119</td><td>132</td><td>156</td><td>159</td><td>171</td><td>128</td><td>156</td><td>180</td><td>185</td><td>189</td><td>140</td><td>196</td></tr></table>
Source:
Repo
erts from Collectors of Customs.
64
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="10">Number of vessels</th><th colspan="3">1941</th></tr><tr><th>1939</th><th>1940</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>Jan.</th><th>Feb.</th><th>Mar.</th></tr><tr><td>Ahtabula</td><td>236</td><td>297</td><td>-</td><td>22</td><td>65</td><td>45</td><td>46</td><td>34</td><td>28</td><td>29</td><td>28</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Baltimore</td><td>679</td><td>765</td><td>79</td><td>72</td><td>58</td><td>53</td><td>61</td><td>66</td><td>78</td><td>56</td><td>51</td><td>55</td><td>60</td><td>52</td><td>61</td></tr><tr><td>Bocto</td><td>804</td><td>699</td><td>57</td><td>57</td><td>67</td><td>79</td><td>72</td><td>77</td><td>53</td><td>51</td><td>41</td><td>55</td><td>64</td><td>53</td><td>52</td></tr><tr><td>Buffalo</td><td>455</td><td>341</td><td>-</td><td>6</td><td>36</td><td>49</td><td>40</td><td>48</td><td>44</td><td>57</td><td>55</td><td>5</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Corpus Christi</td><td>275</td><td>138</td><td>17</td><td>12</td><td>14</td><td>22</td><td>9</td><td>9</td><td>11</td><td>8</td><td>6</td><td>6</td><td>1</td><td>5</td><td>4</td></tr><tr><td>Detroit</td><td>1,013</td><td>1,218</td><td>-</td><td>20</td><td>154</td><td>197</td><td>200</td><td>170</td><td>138</td><td>151</td><td>126</td><td>62</td><td>10</td><td>-</td><td>-</td></tr><tr><td>Galveston</td><td>469</td><td>345</td><td>27</td><td>36</td><td>39</td><td>27</td><td>28</td><td>25</td><td>31</td><td>29</td><td>23</td><td>19</td><td>14</td><td>17</td><td>17</td></tr><tr><td>Houston</td><td>542</td><td>330</td><td>32</td><td>23</td><td>27</td><td>16</td><td>27</td><td>24</td><td>25</td><td>29</td><td>25</td><td>24</td><td>19</td><td>19</td><td>13</td></tr><tr><td>Los Angeles</td><td>1,392</td><td>1,169</td><td>97</td><td>84</td><td>88</td><td>105</td><td>86</td><td>85</td><td>97</td><td>105</td><td>103</td><td>94</td><td>99</td><td>81</td><td>87</td></tr><tr><td>Miami</td><td>943</td><td>1,021</td><td>121</td><td>94</td><td>133</td><td>73</td><td>77</td><td>59</td><td>52</td><td>57</td><td>65</td><td>67</td><td>63</td><td>61</td><td>71</td></tr><tr><td>Mobile</td><td>322</td><td>360</td><td>32</td><td>38</td><td>37</td><td>35</td><td>41</td><td>24</td><td>31</td><td>25</td><td>25</td><td>23</td><td>22</td><td>21</td><td>18</td></tr><tr><td>New Orleans</td><td>1,156</td><td>1,181</td><td>108</td><td>90</td><td>104</td><td>102</td><td>99</td><td>90</td><td>87</td><td>96</td><td>92</td><td>85</td><td>103</td><td>78</td><td>103</td></tr><tr><td>New York</td><td>3,929</td><td>3,767</td><td>339</td><td>296</td><td>314</td><td>328</td><td>325</td><td>358</td><td>282</td><td>308</td><td>288</td><td>299</td><td>295</td><td>270</td><td>340</td></tr><tr><td>Norfolk & Newport News</td><td>639</td><td>824</td><td>84</td><td>86</td><td>74</td><td>68</td><td>69</td><td>71</td><td>59</td><td>62</td><td>48</td><td>61</td><td>61</td><td>58</td><td>67</td></tr><tr><td>Philadelphia</td><td>564</td><td>684</td><td>67</td><td>57</td><td>52</td><td>56</td><td>54</td><td>51</td><td>63</td><td>55</td><td>56</td><td>63</td><td>65</td><td>57</td><td>58</td></tr><tr><td>Port Angeles, Wash</td><td>1,437</td><td>1,264</td><td>90</td><td>74</td><td>71</td><td>126</td><td>188</td><td>183</td><td>103</td><td>95</td><td>85</td><td>66</td><td>78</td><td>83</td><td>99</td></tr><tr><td>Port Arthur</td><td>369</td><td>214</td><td>24</td><td>21</td><td>21</td><td>27</td><td>17</td><td>13</td><td>15</td><td>15</td><td>17</td><td>12</td><td>8</td><td>9</td><td>10</td></tr><tr><td>Rochester</td><td>595</td><td>929</td><td>25</td><td>40</td><td>91</td><td>97</td><td>112</td><td>114</td><td>227</td><td>77</td><td>60</td><td>39</td><td>40</td><td>64</td><td>80</td></tr><tr><td>San Francisco</td><td>530</td><td>476</td><td>51</td><td>39</td><td>42</td><td>37</td><td>39</td><td>41</td><td>34</td><td>34</td><td>33</td><td>37</td><td>34</td><td>30</td><td>34</td></tr><tr><td>Savannah</td><td>209</td><td>152</td><td>15</td><td>16</td><td>16</td><td>18</td><td>16</td><td>18</td><td>7</td><td>11</td><td>6</td><td>7</td><td>13</td><td>7</td><td>12</td></tr><tr><td>Seattle</td><td>1,682</td><td>1,682</td><td>119</td><td>128</td><td>138</td><td>156</td><td>199</td><td>182</td><td>129</td><td>136</td><td>129</td><td>116</td><td>55</td><td>105</td><td>126</td></tr><tr><td>Toledo</td><td>642</td><td>1,131</td><td>-</td><td>74</td><td>163</td><td>179</td><td>168</td><td>158</td><td>126</td><td>126</td><td>120</td><td>17</td><td>-</td><td>-</td><td>2</td></tr><tr><td>Other ports</td><td>15,370</td><td>14,435</td><td>653</td><td>750</td><td>1,251</td><td>1,545</td><td>2,112</td><td>2,306</td><td>1,440</td><td>1,467</td><td>1,089</td><td>663</td><td>721</td><td>731</td><td>777</td></tr><tr><td>Total</td><td>34,192</td><td>33,422</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>3,160</td><td>3,079</td><td>2,571</td><td>1,875</td><td>1,825</td><td>1,801</td><td>2,031</td></tr></table>
<table><tr><th rowspan="2"></th><th colspan="2">Calendar year</th><th colspan="9">1940</th><th colspan="3">1941</th></tr><tr><th>1939</th><th>1940</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>Jan.</th><th>Feb.</th><th>Mar.</th></tr><tr><td>Ashtabula</td><td>601</td><td>913</td><td>-</td><td>72</td><td>174</td><td>125</td><td>162</td><td>114</td><td>96</td><td>85</td><td>85</td><td>-</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Baltimore</td><td>1,880</td><td>2,306</td><td>232</td><td>219</td><td>166</td><td>155</td><td>189</td><td>181</td><td>236</td><td>177</td><td>166</td><td>176</td><td>186</td><td>209</td><td>183</td></tr><tr><td>Boston</td><td>2,530</td><td>1,685</td><td>181</td><td>126</td><td>120</td><td>144</td><td>155</td><td>187</td><td>148</td><td>123</td><td>125</td><td>129</td><td>163</td><td>161</td><td>157</td></tr><tr><td>Buffalo</td><td>985</td><td>695</td><td>-</td><td>9</td><td>68</td><td>102</td><td>94</td><td>111</td><td>102</td><td>75</td><td>116</td><td>18</td><td>-</td><td>-</td><td>-</td></tr><tr><td>Corpus Christi</td><td>1,258</td><td>619</td><td>79</td><td>57</td><td>66</td><td>98</td><td>44</td><td>38</td><td>43</td><td>35</td><td>25</td><td>24</td><td>5</td><td>5</td><td>13</td></tr><tr><td>Detroit</td><td>1,538</td><td>1,575</td><td>-</td><td>15</td><td>154</td><td>244</td><td>269</td><td>262</td><td>224</td><td>197</td><td>171</td><td>39</td><td>4</td><td>-</td><td>-</td></tr><tr><td>Galveston</td><td>1,354</td><td>954</td><td>80</td><td>96</td><td>115</td><td>81</td><td>69</td><td>60</td><td>80</td><td>60</td><td>51</td><td>57</td><td>39</td><td>44</td><td>27</td></tr><tr><td>Houston</td><td>2,230</td><td>1,221</td><td>110</td><td>89</td><td>118</td><td>55</td><td>104</td><td>90</td><td>94</td><td>111</td><td>91</td><td>86</td><td>68</td><td>74</td><td>40</td></tr><tr><td>Los Angeles</td><td>5,553</td><td>4,523</td><td>361</td><td>339</td><td>358</td><td>340</td><td>346</td><td>361</td><td>348</td><td>414</td><td>404</td><td>382</td><td>370</td><td>332</td><td>363</td></tr><tr><td>Miami</td><td>886</td><td>878</td><td>130</td><td>80</td><td>51</td><td>54</td><td>63</td><td>47</td><td>48</td><td>46</td><td>48</td><td>51</td><td>28</td><td>23</td><td>30</td></tr><tr><td>Mobile</td><td>542</td><td>561</td><td>39</td><td>49</td><td>56</td><td>49</td><td>76</td><td>37</td><td>56</td><td>39</td><td>36</td><td>41</td><td>44</td><td>47</td><td>26</td></tr><tr><td>New Orleans</td><td>3,071</td><td>2,926</td><td>255</td><td>216</td><td>264</td><td>237</td><td>268</td><td>236</td><td>225</td><td>290</td><td>107</td><td>241</td><td>258</td><td>207</td><td>246</td></tr><tr><td>New York</td><td>19,566</td><td>14,078</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><td>1,174</td><td>981</td><td>987</td><td>1,011</td><td>961</td><td>1,155</td></tr><tr><td>Norfolk & Newport News</td><td>1,677</td><td>2,132</td><td>221</td><td>243</td><td>193</td><td>165</td><td>191</td><td>182</td><td>152</td><td>158</td><td>140</td><td>152</td><td>165</td><td>140</td><td>171</td></tr><tr><td>Philadelphia</td><td>1,580</td><td>2,095</td><td>203</td><td>168</td><td>149</td><td>179</td><td>160</td><td>150</td><td>179</td><td>201</td><td>174</td><td>194</td><td>196</td><td>188</td><td>173</td></tr><tr><td>Port Angeles, Wash.</td><td>889</td><td>947</td><td>56</td><td>54</td><td>58</td><td>97</td><td>143</td><td>148</td><td>84</td><td>74</td><td>58</td><td>59</td><td>66</td><td>60</td><td>62</td></tr><tr><td>Port Arthur</td><td>1,316</td><td>783</td><td>106</td><td>78</td><td>90</td><td>100</td><td>66</td><td>42</td><td>27</td><td>45</td><td>54</td><td>42</td><td>27</td><td>30</td><td>42</td></tr><tr><td>Rechester</td><td>1,407</td><td>1,814</td><td>81</td><td>97</td><td>163</td><td>199</td><td>187</td><td>237</td><td>227</td><td>183</td><td>156</td><td>132</td><td>135</td><td>212</td><td>264</td></tr><tr><td>San Francisco</td><td>2,159</td><td>1,761</td><td>202</td><td>148</td><td>151</td><td>152</td><td>148</td><td>148</td><td>117</td><td>131</td><td>117</td><td>113</td><td>123</td><td>111</td><td>120</td></tr><tr><td>Savannah</td><td>554</td><td>433</td><td>45</td><td>41</td><td>45</td><td>39</td><td>51</td><td>59</td><td>20</td><td>31</td><td>17</td><td>26</td><td>35</td><td>20</td><td>41</td></tr><tr><td>Seattle</td><td>3,198</td><td>3,054</td><td>206</td><td>221</td><td>239</td><td>254</td><td>338</td><td>357</td><td>278</td><td>254</td><td>241</td><td>221</td><td>143</td><td>188</td><td>200</td></tr><tr><td>Toledo</td><td>1,368</td><td>2,031</td><td>-</td><td>150</td><td>323</td><td>334</td><td>291</td><td>263</td><td>241</td><td>191</td><td>213</td><td>25</td><td>-</td><td>-</td><td>10</td></tr><tr><td>Other ports</td><td>14,164</td><td>14,201</td><td>570</td><td>936</td><td>1,445</td><td>1,586</td><td>1,801</td><td>1,767</td><td>1,395</td><td>1,338</td><td>1,464</td><td>645</td><td>773</td><td>624</td><td>658</td></tr><tr><td>Total</td><td>70,306</td><td>62,185</td><td>4,637</td><td>4,759</td><td>5,845</td><td>5,915</td><td>6,340</td><td>6,331</td><td>5,405</td><td>5,432</td><td>5,040</td><td>3,840</td><td>3,839</td><td>3,636</td><td>3,981</td></tr></table>
Source: Reports from Collectors of Customs.
65
Treasury Department Criminal Cases in the United States District Courts
<table><tr><th></th><th colspan="3">Totals by months, October 1940 - March 1941</th><th colspan="3">1941</th><th colspan="5">Distribution by originating organisation, March 1941</th></tr><tr><th></th><th>October</th><th>November</th><th>December</th><th>January</th><th>February</th><th>March</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><b>Inventory</b></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>21,361</td><td>20,028</td><td>18,515</td><td>18,185</td><td>18,048</td><td>18,718</td><td>15,387</td><td>255</td><td>1,749</td><td>972</td><td>355</td></tr><tr><td>New cases</td><td>2,724</td><td>2,493</td><td>2,775</td><td>2,731</td><td>2,751</td><td>3,292</td><td>2,610</td><td>48</td><td>335</td><td>286</td><td>13</td></tr><tr><td>Cases closed</td><td>4,057</td><td>4,006</td><td>3,105</td><td>2,868</td><td>2,081</td><td>3,303</td><td>2,611</td><td>27</td><td>381</td><td>261</td><td>23</td></tr><tr><td>Number of cases pending end of month</td><td>20,028</td><td>18,515</td><td>18,185</td><td>18,048</td><td>18,718</td><td>18,707</td><td>15,386</td><td>276</td><td>1,703</td><td>997</td><td>345</td></tr><tr><td>Net change in cases pending</td><td>-1,333</td><td>-1,513</td><td>-330</td><td>-137</td><td>+670</td><td>-11</td><td>-1</td><td>+21</td><td>-46</td><td>+25</td><td>-10</td></tr><tr><td><b>Disposition of cases closed</b></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>202</td><td>259</td><td>124</td><td>190</td><td>206</td><td>166</td><td>96</td><td>-</td><td>33</td><td>37</td><td>-</td></tr><tr><td>Number released, convicted, and otherwise disposed of 3/</td><td>3,855</td><td>3,747</td><td>2,981</td><td>2,678</td><td>1,875</td><td>3,137</td><td>2,515</td><td>27</td><td>348</td><td>224</td><td>23</td></tr><tr><td>Total number of cases closed</td><td>4,057</td><td>4,006</td><td>3,105</td><td>2,868</td><td>2,081</td><td>3,303</td><td>2,611</td><td>27</td><td>381</td><td>261</td><td>23</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>16</td><td>12</td><td>11</td><td>17</td><td>25</td><td>16</td><td>17</td><td>11</td><td>9</td><td>10</td><td>1/</td></tr><tr><td>After indictment</td><td>6</td><td>9</td><td>8</td><td>10</td><td>9</td><td>9</td><td>9</td><td>26</td><td>8</td><td>3</td><td>5/</td></tr><tr><td>Acquitted</td><td>5</td><td>4</td><td>5</td><td>3</td><td>2</td><td>4</td><td>4</td><td>4</td><td>2</td><td>3</td><td>5/</td></tr><tr><td>Total released</td><td>27</td><td>25</td><td>24</td><td>30</td><td>36</td><td>29</td><td>30</td><td>41</td><td>19</td><td>16</td><td>1/</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>8</td><td>8</td><td>7</td><td>6</td><td>6</td><td>7</td><td>8</td><td>4</td><td>10</td><td>3</td><td>1/</td></tr><tr><td>Pleased guilty</td><td>65</td><td>67</td><td>69</td><td>64</td><td>58</td><td>64</td><td>62</td><td>55</td><td>71</td><td>81</td><td>5/</td></tr><tr><td>Total convicted</td><td>73</td><td>75</td><td>76</td><td>70</td><td>64</td><td>71</td><td>70</td><td>59</td><td>81</td><td>84</td><td>1/</td></tr><tr><td><b>Sentence imposed</b></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>2,707</td><td>2,720</td><td>2,172</td><td>1,766</td><td>1,126</td><td>2,125</td><td>1,749</td><td>16</td><td>172</td><td>178</td><td>10</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>56</td><td>60</td><td>60</td><td>57</td><td>54</td><td>62</td><td>61</td><td>81</td><td>73</td><td>63</td><td>1/</td></tr><tr><td>Fine</td><td>24</td><td>27</td><td>23</td><td>23</td><td>18</td><td>22</td><td>22</td><td>38</td><td>17</td><td>29</td><td>1/</td></tr><tr><td>Probation 6/</td><td>42</td><td>38</td><td>38</td><td>39</td><td>42</td><td>34</td><td>33</td><td>19</td><td>28</td><td>45</td><td>1/</td></tr><tr><td>Average number of days imprisonment to be served</td><td>372</td><td>320</td><td>436</td><td>386</td><td>432</td><td>363</td><td>288</td><td>367</td><td>721</td><td>659</td><td>852</td></tr><tr><td>Average fine to be paid</td><td>$366</td><td>$430</td><td>$486</td><td>$266</td><td>$558</td><td>$343</td><td>$310</td><td>$255</td><td>$128</td><td>$658</td><td>$1,000</td></tr><tr><td>Total fines to be paid</td><td>$234,296</td><td>$312,151</td><td>$241,030</td><td>$109,285</td><td>$110,390</td><td>$161,547</td><td>$117,736</td><td>$1,529</td><td>$3,714</td><td>$33,548</td><td>$5,000</td></tr></table>
1/ Comprises 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/ Comprises 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 hearings.
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.
Treas. HJ 10 .A2 1941 c.1
U.S. Treasury Dept. Treasury Bulletin